JNL/Newton Equity Income Fund

JNL Series Trust

Actively managed U.S. equity fund
$4.43B NAV
76 positions · as of 2026-06-30 · filed 2026-08-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

JNL/Newton Equity Income Fund is an actively managed U.S. equity fund. 8% of JNL/Newton Equity Income Fund’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 93% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund

Fund profile

As filed in the prospectus · 2026 Q2

The investment objective of the Fund is to seek total return (consisting of capital appreciation and income).

Strategy · summarised

The fund is managed by Newton Investment Management North America, LLC, which selects dividend-paying stocks using computer modeling, fundamental analysis, and risk management, with an emphasis on value characteristics and sector weightings similar to the S&P 500 Value Index. The fund invests at least 80% of assets in equities, which may include common stocks, preferred stocks, convertible securities, and ADRs, and may employ covered call strategies and derivatives to enhance income and returns. The fund may also hold fixed income securities and money market instruments, with up to 15% in foreign securities.

Expenses
0.57% 0.87%across 2 share classes
Share classExpense ratioAs of
C0002182200.87%2025 Q2
C0002182210.57%2025 Q2

Portfolio turnover 77.00% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

99.85%
of net assets
Stocks98.83%
Cash & short-term1.02%

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Financials24.1%
Health Care13.7%
Information Technology12.4%
Industrials10.9%
9 smaller39.0%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
8%of stock holdings in top-quartile growers
covering 93% of the fund’s equity
Earnings growth
13%of stock holdings in top-quartile growers
covering 86% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 14 new14 exited

Largest new: MSFT, KO, TGT, PM, A, OXY, CARR, CMI

Largest exited: SCHW, VZ, HUBB, CAT, FDX, CME, COLB, TFC

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+30.34%
3-year
+64.75%
5-year
+93.31%
Volatility
9.42%
Worst 3-yr fall
-7.41%
Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

This fund changed legal form during the period shown. The history above is continuous — it spans both eras, and the change is not a gap in reporting.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Amazon.com, Inc.AMZN4.88%$216.24M
JPMorgan Chase & Co.JPM3.92%$173.92M
UnitedHealth Group IncorporatedUNH3.65%$161.96M
Berkshire Hathaway Inc.BRK/B3.19%$141.31M
Fifth Third BancorpFITB3.17%$140.43M
Cisco Systems, Inc.CSCO3.12%$138.43M
Assurant, Inc.AIZ3.05%$135.21M
Johnson & JohnsonJNJ2.87%$127.06M
Colgate-Palmolive CompanyCL2.35%$104.17M
Omnicom Group Inc.OMC2.22%$98.51M
Showing 10 of 76Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.

Top 10 positions are 32.42% of net assets, top 25 58.80%, across 76 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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