JNL/WMC Equity Income Fund
JNL Series Trust
Expense ratio
Net assets1
$893.40M
Holdings1
73
Category
US Equity
Return

Investment objective & strategy

As of April 24, 2025 · prospectus

Objective. The investment objective of the Fund is an above-average level of current income and reasonable long-term capital appreciation.

Strategy. The Fund seeks to achieve its objective by investing, under normal circumstances, at least 80% of its assets (net assets plus the amount of any borrowings made for investment purposes) in equity securities. The Fund invests mainly in common stocks of mid-size and large companies whose stocks typically pay above-average levels of dividend income and are, in the opinion of Wellington Management Company LLP (Sub-Adviser), undervalued relative to similar stocks. The Sub-Adviser generally considers mid-size and large companies to be those companies that, at the time of initial purchase, have market capitalizations of $10 billion or higher. In addition, the Sub-Adviser generally looks for companies that it believes are committed to paying dividends consistently. The Fund may invest up to … The Fund seeks to achieve its objective by investing, under normal circumstances, at least 80% of its assets (net assets plus the amount of any borrowings made for investment purposes) in equity securities. The Fund invests mainly in common stocks of mid-size and large companies whose stocks typically pay above-average levels of dividend income and are, in the opinion of Wellington Management Company LLP (Sub-Adviser), undervalued relative to similar stocks. The Sub-Adviser generally considers mid-size and large companies to be those companies that, at the time of initial purchase, have market capitalizations of $10 billion or higher. In addition, the Sub-Adviser generally looks for companies that it believes are committed to paying dividends consistently. The Fund may invest up to 25% of its assets in foreign securities, either directly or through depositary receipts. The Sub-Adviser employs active investment management methods, which means that securities are bought and sold according to the Sub-Advisers evaluations of companies and their financial prospects, the prices of the securities, and the stock market and the economy in general.

Top holdings

As of March 31, 2026 · N-PORT
SecurityTickerValue% of fund
BROADCOM INC $43.95M 4.92%
MERCK & CO $27.69M 3.10%
JOHNSON&JOHNSON $22.47M 2.52%
DIAMONDBACK ENERGY INC $22.39M 2.51%
BANK OF AMERICA CORPORATION $20.53M 2.30%
CISCO SYSTEMS INC $18.71M 2.09%
UNILEVER PLC-SPONSORED ADR DEPOSITARY RECEIPT UL $17.94M 2.01%
T-MOBILE US INC $17.06M 1.91%
HUNTINGTON BANCSHARES INC $16.50M 1.85%
CROWN CASTLE INC $15.69M 1.76%
View all holdings →

Allocation by sector

As of March 31, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Dec 31, 2025 → Mar 31, 2026
Opened
9
Exited
12
Increased
37
Decreased
27
Unchanged
0

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

View portfolio moves →

Similar funds

Funds whose portfolios most overlap this one, by weight
FundOverlapNet exp.
Guardian Equity Income VIP Fund 91% 0.55%
THE HARTFORD EQUITY INCOME FUND · HQIAX, HQICX, HQIYX, HQIIX, HQIRX, HQISX, HQITX, HQIVX, HQIFX 80% 0.64%
VANGUARD EQUITY INCOME FUND · VEIPX, VEIRX 67% 0.17%
View all similar funds →

Advisers

As of December 31, 2025 · N-CEN
FirmRole
Wellington Management Company LLP Sub-adviser
Jackson National Asset Management, LLC Adviser

Footnotes

  1. Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.

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