JNL/MFS Mid Cap Value Fund
Data updated: 2026-08-26
C000004629 — JNL/MFS Mid Cap Value Fund. United States Mid Cap Value Equity · $1.99B AUM · 0.95% expense ratio. Holdings, fees, performance and SEC filings.
C000004629 Fund Overview
JNL/MFS Mid Cap Value Fund is a US mutual fund managed by JNL Series Trust, categorised as United States Mid Cap Value 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 Series Trust
- Category: United States Mid Cap Value Equity
- Assets under management: $1.99B
- 1-year return: 19.1%
- SEC CIK: 0000933691
- SEC series ID: S000001722
- Share class ID: C000004629
C000004629 Investment Objective and Strategy
JNL/MFS Mid Cap Value Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by JNL Series Trust.
Investment objective
The investment objective of the Fund is to seek capital appreciation.
Principal investment strategy
The Fund seeks to meet its objective by investing, under normal circumstances, at least 80% of its assets (net assets plus the amount of any borrowings for investment purposes) in issuers with medium market capitalizations. Massachusetts Financial Services Company (Sub-Adviser or MFS) generally defines medium market capitalization issuers as issuers with market capitalizations similar to those of issuers included in the Russell Midcap Value Index over the last 13 months at the time of purchase. As of December 31, 2025, the range of market capitalizations of the Russell Midcap Value Index was between approximately $1.31 billion and $101.87 billion. MFS normally invests the Funds assets primarily in equity securities. Equity securities include common stocks, depositary receipts, equity interests in real estate investment trusts (REITs), and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer.
MFS focuses on investing the Funds assets in the stocks of companies that it believes are undervalued compared to their perceived worth (value companies). MFS may invest the Funds assets in foreign securities. MFS normally invests the Funds assets across different industries and sectors, but MFS may invest a significant percentage of the Funds assets in issuers in a single industry or sector. MFS uses an active bottom-up investment approach to buying and selling investments for the Fund. Investments are selected primarily based on fundamental analysis of individual issuers. Quantitative screening tools that systematically evaluate an issuer may also be considered.
C000004629 Holdings
Top 10 holdings of JNL/MFS Mid Cap Value Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| JNL Government Money Market Fund | 2.36% |
| Humana Inc. | 1.34% |
| Northern Trust Corporation | 1.23% |
| Targa Resources Corp. | 1.18% |
| Westinghouse Air Brake Technologies Corporation | 1.18% |
| Becton, Dickinson and Company | 1.16% |
| Hartford Insurance Group, Inc., The | 1.15% |
| Valero Energy Corporation | 1.14% |
| PG&E Corporation | 1.08% |
| Agilent Technologies, Inc. | 1.06% |
C000004629 Portfolio Allocation
Asset-class allocation of JNL/MFS Mid Cap Value Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 97.6% |
| Cash & Equivalents | 2.7% |
C000004629 Performance
Total returns for C000004629 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 12.8% |
| 1 year | 19.1% |
| 3 years (annualised) | 13.1% |
| 5 years (annualised) | 8.8% |
C000004629 Risk Information
Risk metrics for C000004629, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 11.4%
C000004629 Costs and Fees
C000004629 costs about $95 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.95%
- Gross expense ratio: 0.95%
- Portfolio turnover: 23%
- Brokerage commissions: 1.29 bps of average net assets (SEC N-CEN)
C000004629 Cashflows
Over the 12 months to 2026-06, JNL/MFS Mid Cap Value Fund had net outflows of $268.27M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$26.55M |
| 2026-05 | −$23.24M |
| 2026-04 | −$29.54M |
| 2026-03 | −$26.96M |
| 2026-02 | −$19.42M |
| 2026-01 | −$27.76M |
C000004629 Debt Constituents
No individual debt constituents are reported in JNL/MFS Mid Cap Value Fund's latest SEC N-PORT filing.
C000004629 Prospectus and SEC Filings
Official JNL/MFS Mid Cap Value Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-23
- Prospectus (485BPOS) — filed 2025-04-24
- Prospectus (485BPOS) — filed 2024-04-26
- Portfolio holdings (N-PORT) — filed 2026-08-26
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-25
- Annual census (N-CEN) — filed 2026-03-12
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other United States Mid Cap Value 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.