JNL Small Cap Index Fund

JNL Series Trust

U.S. equity index fund
$2.89B NAV
608 positions · as of 2026-06-30 · filed 2026-08-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

JNL Small Cap Index Fund is a U.S. equity index fund that tracks the S&P SmallCap 600 Index. 22% of JNL Small Cap Index 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 94% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Index (passive)
Fund type
Open-end fund
Features
Non-diversified · Master-feeder

Fund profile

As filed in the prospectus · 2026 Q2

The investment objective of the Fund (Fund or Master Fund) is to track the performance of the S&P SmallCap 600 Index to provide long-term growth of capital by investing in equity securities of small- to mid-size domestic companies.

Strategy · summarised

The fund invests substantially all its assets in the stocks of the S&P SmallCap 600 Index, a market-capitalization-weighted index of approximately 600 U.S. equities and REITs, and rebalances quarterly to track index changes. The fund may hold exchange-traded funds, cash, and financial futures to maintain correlation to the index and meet redemptions. Although the fund is diversified, it may be invested in a non-diversified manner to the extent the index itself is non-diversified.

Expenses
0.10%one share class
Share classGrossNetAs of
C0002257860.22%0.10%2025 Q2

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 36.00% · as of 2026 Q2

Allocation

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

101.41%
of net assets
Stocks99.48%
Cash & short-term1.91%
Derivatives0.01%

Derivatives are shown at market value, not notional exposure.

Sector allocation

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

100%
of net assets
Financials17.8%
Industrials16.8%
Information Technology13.7%
Consumer Discretionary13.3%
10 smaller38.4%

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
22%of stock holdings in top-quartile growers
covering 94% 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: 33 new34 exited

Largest new: POOL, CAG, LQDA, LAZ, EBC, CPB, ATMU, EPAM

Largest exited: VIAV, SMTC, SANM, Air Lease Corporation, DOCN, Sealed Air Corporation, Apellis Pharmaceuticals, Inc., TRI Pointe Homes Holdings, Inc.

Return profile

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

1-year
+38.92%
3-year
+53.05%
5-year
+34.34%
Volatility
13.46%
Worst 3-yr fall
-19.73%
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.

Holdings

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

Issuer%NAVValue
Jackson National Asset Management, LLC1.42%$41.12M
Formfactor, Inc.FORM0.67%$19.45M
ViaSat, Inc.VSAT0.66%$19.04M
Molina Healthcare, Inc.MOH0.64%$18.59M
Argan, Inc.AGX0.60%$17.40M
Brightspring Health Services, Inc.BTSG0.59%$17.21M
Element Solutions Inc.ESI0.59%$17.06M
MaxLinear, Inc.MXL0.58%$16.82M
Krystal Biotech, Inc.KRYS0.53%$15.22M
JNL Government Money Market Fund0.49%$14.19M
Showing 10 of 608Sign 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 6.78% of net assets, top 25 13.45%, across 603 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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