Strategic Equity Allocation Trust
Actively managed global stock fund
As of its 2026 Q2 report, Strategic Equity Allocation Trust held 3,332 positions with $3.20B in net assets. Its ten largest holdings made up 21.9% of the fund. The JAFVX share class costs 0.67% a year. Over the 12 months to May 2026, JAFVX returned 27.2%, with dividends reinvested. In 2026 Q2 it added 201 new positions and exited 211.
To seek capital appreciation.
The fund is actively managed by a subadvisor that allocates across U.S. and foreign equity securities of any market capitalization, along with fixed-income securities, exchange-traded funds, and derivatives, based on the subadvisor's outlook for markets and assessment of relative asset-class attractiveness. The subadvisor adjusts the mix of equity exposure, markets, and security types in response to changing economic and political conditions and currency movements. Because the fund's allocation depends on the subadvisor's judgments about market attractiveness and economic trends, results will diverge from any benchmark.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
JH COLLATERAL | 4.01% | $128.35M | — | — |
3.85% | $123.08M | 615.1K | $200.09 | |
AAPLApple Inc. | 3.37% | $107.93M | 373.0K | $289.36 |
2.20% | $70.37M | 188.7K | $373.02 | |
AMZNAmazon.com Inc. | 1.85% | $59.25M | 248.6K | $238.34 |
GOOGLAlphabet Inc. | 1.66% | $53.22M | 148.9K | $357.37 |
AVGOBroadcom Inc. | 1.42% | $45.42M | 120.2K | $377.75 |
GOOGAlphabet Inc. | 1.33% | $42.41M | 120.0K | $353.33 |
ASML Holding N.V. | 1.16% | $37.15M | 18.8K | $1,980.18 |
1.03% | $33.06M | 28.6K | $1,154.29 |
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.
The 200 largest of 3,332 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 95.27% |
| Cash & short-term | 4.01% |
| Derivatives | 0.03% |
Derivatives are shown at market value, not notional exposure.
By sector
- International
- 31.3%
- Information Technology
- 21.8%
- Financials
- 8.8%
- Industrials
- 7.1%
- 11 other sectors
- 31.1%
- International
- 31.3%
- Information Technology
- 21.8%
- Financials
- 8.8%
- Industrials
- 7.1%
- Health Care
- 6.3%
- Consumer Discretionary
- 5.9%
- Communication Services
- 5.2%
- Cash
- 4.0%
- Consumer Staples
- 2.7%
- Energy
- 2.1%
- Real Estate
- 1.7%
- Materials
- 1.5%
- Utilities
- 1.5%
- Other
- 0.2%
- Government
- 0.0%
How it has done
JAFVX share class · total returns with dividends reinvested
Volatility over the last 12 months: 11.85%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
Strategic Equity Allocation Trust is an actively managed global equity fund.
- Asset class
- Equity
- Region
- Global
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.67% – 0.92%· JAFVX 0.67%
- Portfolio turnover
- 5.00% a year · as of 2026 Q2
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
201 new· the largest 8
211 exited· the largest 8
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
- “Where do my funds overlap — JAFVX, QQQ and the fund in my 401(k)?”
- “How do this fund’s ten biggest holdings stack up against each other?”
- “For my target-date fund, what’s the real stock-and-bond mix once you look through it?”