JNL/DFA U.S. Core Equity Fund
Data updated: 2026-08-26
C000004672 — JNL/DFA U.S. Core Equity Fund. United States Large Cap Value Equity · $1.76B AUM. Holdings, fees, performance and SEC filings.
C000004672 Fund Overview
JNL/DFA U.S. Core Equity Fund is a US mutual fund managed by JNL Series Trust, categorised as United States Large 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 Large Cap Value Equity
- Assets under management: $1.76B
- 1-year return: 23.2%
- SEC CIK: 0000933691
- SEC series ID: S000001765
- Share class ID: C000004672
C000004672 Investment Objective and Strategy
JNL/DFA U.S. Core Equity 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 long-term capital appreciation.
Principal investment strategy
To achieve the Funds investment objective, Dimensional Fund Advisors LP, the Funds sub-adviser (Sub-Adviser), implements an integrated investment approach that combines research, portfolio design, portfolio management, and trading functions. As further described below, the Funds design emphasizes long-term drivers of expected returns identified by the Sub-Advisers research, while balancing risk through broad diversification across companies and sectors. The Sub-Advisers portfolio management and trading processes further balance those long-term drivers of expected returns with shorter-term drivers of expected returns and trading costs. The Fund is designed to purchase a broad and diverse group of equity securities within a market capitalization weighted universe (e.g., the larger the company, the greater the proportion of the universe it represents) of U.S.
companies (the U.S. Universe). Under normal market conditions, the Fund will invest at least 80% of its assets (net assets plus the amount of any borrowings for investment purposes) in equity securities of U.S. companies. The Sub-Adviser generally defines a U.S. company as one that is listed and principally traded on a securities exchange in the United States that is deemed appropriate by the Sub-Adviser. The Fund invests in companies of all sizes, with moderately increased exposure to smaller capitalization, lower relative price, and higher profitability companies as compared to their representation in the U.S. Universe. The Funds moderately increased exposure to smaller capitalization, lower relative price, and higher profitability companies may be achieved by decreasing the allocation of the Funds assets to larger capitalization, higher relative price, or lower profitability companies relative to their weight in the U.S.
Universe. An equity issuer is considered to have a high relative price (i.e., a growth stock) primarily because it has a high price in relation to its book value. An equity issuer is considered to have a low relative price (i.e., a value stock) primarily because it has a low price in relation to its book value. In assessing relative price, the Sub-Adviser may consider additional factors such as price to cash flow or price to earnings ratios. An equity issuer is considered to have high profitability because it has high earnings or profits from operations in relation to its book value or assets. The criteria the Sub-Adviser uses for assessing relative price and profitability are subject to change from time to time. The Sub-Adviser may also increase or reduce the Funds exposure to an eligible company, or exclude a company, based on shorter-term considerations, such as a companys price momentum, short-run reversals, and investment characteristics.
In assessing a companys investment characteristics, the Sub-Adviser considers ratios such as recent changes in assets divided by total assets. The criteria the Sub-Adviser uses for assessing a companys investment characteristics are subject to change from time to time. In addition, the Sub-Adviser seeks to reduce trading costs using a flexible trading approach that looks for opportunities to participate in the available market liquidity, while managing turnover and explicit transaction costs. The Fund may purchase or sell futures contracts and options on futures contracts for U.S. equity securities and indices to increase or decrease equity market exposure based on actual or expected cash inflows to or outflows from the Fund.
C000004672 Holdings
Top 10 holdings of JNL/DFA U.S. Core Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corporation | 5.73% |
| Apple Inc. | 5.24% |
| Microsoft Corporation | 3.37% |
| Amazon.com, Inc. | 2.90% |
| Alphabet Inc. | 2.10% |
| Alphabet Inc. | 1.67% |
| Micron Technology, Inc. | 1.59% |
| Meta Platforms, Inc. | 1.56% |
| Broadcom Inc. | 1.39% |
| JPMorgan Chase & Co. | 1.27% |
C000004672 Portfolio Allocation
Asset-class allocation of JNL/DFA U.S. Core Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.9% |
| Cash & Equivalents | 0.4% |
C000004672 Performance
Total returns for C000004672 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 11.8% |
| 1 year | 23.2% |
| 3 years (annualised) | 18.8% |
| 5 years (annualised) | 11.7% |
C000004672 Risk Information
Risk metrics for C000004672, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 11.2%
C000004672 Costs and Fees
C000004672 costs about $80 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.80%
- Gross expense ratio: 0.80%
- Portfolio turnover: 2%
- Brokerage commissions: 0.14 bps of average net assets (SEC N-CEN)
C000004672 Cashflows
Over the 12 months to 2026-06, JNL/DFA U.S. Core Equity Fund had net inflows of $171.81M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$28.70M |
| 2026-05 | −$16.99M |
| 2026-04 | $382.53M |
| 2026-03 | −$8.80M |
| 2026-02 | −$13.45M |
| 2026-01 | −$11.25M |
C000004672 Debt Constituents
No individual debt constituents are reported in JNL/DFA U.S. Core Equity Fund's latest SEC N-PORT filing.
C000004672 Prospectus and SEC Filings
Official JNL/DFA U.S. Core Equity 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 Large 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.