JNL/Newton Equity Income Fund
JNL Series Trust
Expense ratio
Net assets1
$4.00B
Holdings1
76
Category
US Equity
Return

Investment objective & strategy

As of April 24, 2025 · prospectus

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

Strategy. Under normal market conditions, the Fund invests at least 80% of its assets (net assets plus the amount of any borrowings made for investment purposes) in equity securities. The Fund seeks to focus on dividend-paying stocks and other investments and investment techniques that provide income, including covered call strategies. Newton Investment Management North America, LLC, the Funds sub-adviser (the Sub-Adviser), chooses stocks through a disciplined investment process that combines computer modeling techniques, fundamental analysis, and risk management. The Fund will emphasize those stocks with value characteristics, although it also may purchase growth stocks. The Sub-Advisers investment process is designed to provide investors with investment exposure to sector weightings and risk characteristics generally similar to those of the S&P 500 Value … Under normal market conditions, the Fund invests at least 80% of its assets (net assets plus the amount of any borrowings made for investment purposes) in equity securities. The Fund seeks to focus on dividend-paying stocks and other investments and investment techniques that provide income, including covered call strategies. Newton Investment Management North America, LLC, the Funds sub-adviser (the Sub-Adviser), chooses stocks through a disciplined investment process that combines computer modeling techniques, fundamental analysis, and risk management. The Fund will emphasize those stocks with value characteristics, although it also may purchase growth stocks. The Sub-Advisers investment process is designed to provide investors with investment exposure to sector weightings and risk characteristics generally similar to those of the S&P 500 Value Index. The Funds equity investments may include common stocks, preferred stocks, convertible securities, and American Depositary Receipts (ADRs), including those purchased in initial public offerings. The Fund may also invest in fixed income securities and money market instruments. The Fund may, but is not required to, use derivatives, such as options, futures, and options on futures (including those relating to stocks, indices, and interest rates), as a substitute for investing directly in an underlying asset, to increase returns or income, or as a part of a hedging strategy. The Fund may invest in securities issued by companies in the financial services sector. The Fund primarily invests in securities of U.S. companies and does not currently intend to invest more than 15% in foreign securities.

Top holdings

As of March 31, 2026 · N-PORT
SecurityTickerValue% of fund
CISCO SYSTEMS INC $157.80M 3.95%
EXXON MOBIL CORP $132.48M 3.32%
JOHNSON&JOHNSON $129.01M 3.23%
BERKSHIRE HATH-B $124.04M 3.10%
JPMORGAN CHASE and CO $121.34M 3.04%
JNL Government Money Market Fund $120.60M 3.02%
ASSURANT INC $109.67M 2.74%
APPLIED MATERIALS INC $105.25M 2.63%
TEXAS INSTRUMENTS INC $99.01M 2.48%
OMNICOM GROUP INC $97.26M 2.43%
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
10
Exited
8
Increased
38
Decreased
27
Unchanged
1

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.
NVIT BNY Mellon Dynamic U.S. Equity Income Fund 96% 0.51%
Nationwide BNY Mellon Dynamic U.S. Equity Income Fund · NWAPX, NWAOX, NWALX, NWAMX, NWANX 84% 0.60%
BNY Mellon Dynamic Value Fund · DAGVX, DCGVX, DRGVX, DRGYX 82% 0.63%
View all similar funds →

Advisers

As of December 31, 2025 · N-CEN
FirmRole
Newton Investment Management North America, LLC 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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