JNL/Mellon Capital Dow Index Fund
Data updated: 2020-05-29
C000004581 — JNL/Mellon Capital Dow Index Fund. United States Large Cap Blend / Core Equity · $749.62M AUM. Holdings, fees, performance and SEC filings.
C000004581 Fund Overview
JNL/Mellon Capital Dow Index Fund is a US mutual fund managed by JNL Variable Fund LLC, categorised as United States Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: JNL Variable Fund LLC
- Category: United States Large Cap Blend / Core Equity
- Assets under management: $749.62M
- SEC CIK: 0001072428
- SEC series ID: S000001693
- Share class ID: C000004581
C000004581 Investment Objective and Strategy
JNL/Mellon Capital Dow Index Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by JNL Variable Fund LLC.
Investment objective
The investment objective of the Fund is total return through a combination of capital appreciation and dividend income.
Principal investment strategy
The Fund seeks to achieve its objective by investing at least 80% of its assets (net assets plus the amount of any borrowings made for investment purposes) in the thirty securities which comprise the Dow Jones Industrial Average (DJIA), with the weight of each security in the Fund substantially corresponding to the weight of such security in the DJIA. The thirty securities are adjusted from time to time to conform to periodic changes to the identity and/or relative weightings in the DJIA. Certain provisions of the Investment Company Act of 1940, as amended (the 1940 Act), and the Internal Revenue Code of 1986, as amended, may limit the ability of the Fund to invest in certain securities beyond a certain percentage limitations. The Fund may invest in financial futures, a type of derivative, that may be used to obtain market exposure consistent with the Funds investment objective and strategies , to provide liquidity for cash flows, to hedge dividend accruals or for other purposes that facilitate meeting the Funds objective.
The Fund may invest in securities issued by companies in the financial services sector. The Fund is non-diversified under the 1940 Act and may invest more of its assets in fewer issuers than diversified mutual funds.
C000004581 Costs and Fees
C000004581 costs about $66 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.66%
- Gross expense ratio: 0.66%
- Portfolio turnover: 6%
- Brokerage commissions: 0.08 bps of average net assets (SEC N-CEN)
C000004581 Cashflows
Over the 12 months to 2020-03, JNL/Mellon Capital Dow Index Fund had net outflows of $60.06M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-03 | −$10.91M |
| 2020-02 | −$20.16M |
| 2020-01 | −$24.36M |
| 2019-12 | $1.51M |
| 2019-11 | −$4.95M |
| 2019-10 | $11.50M |
C000004581 Debt Constituents
No individual debt constituents are reported in JNL/Mellon Capital Dow Index Fund's latest SEC N-PORT filing.
C000004581 Prospectus and SEC Filings
Official JNL/Mellon Capital Dow Index Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2019-05-15
- Prospectus (485BPOS) — filed 2018-05-16
- Prospectus (485BPOS) — filed 2017-10-11
- Portfolio holdings (N-PORT) — filed 2020-05-29
- Portfolio holdings (N-PORT) — filed 2020-02-28
- Portfolio holdings (N-PORT) — filed 2019-11-27
- Annual census (N-CEN) — filed 2019-03-15
- Annual census, amended (N-CEN/A) — filed 2020-03-16
Related Funds
Other United States Large Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.