JNL/American Funds Balanced Fund
Data updated: 2026-08-26
C000004694 — JNL/American Funds Balanced Fund. United States Multi-Cap / All-Cap Blend / Core Equity. Holdings, fees, performance and SEC filings.
C000004694 Fund Overview
JNL/American Funds Balanced Fund is a US mutual fund managed by JNL Series Trust, categorised as United States Multi-Cap / All-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 Series Trust
- Category: United States Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $3.95B
- 1-year return: 15.5%
- SEC CIK: 0000933691
- SEC series ID: S000001787
- Share class ID: C000004694
C000004694 Investment Objective and Strategy
JNL/American Funds Balanced Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by JNL Series Trust.
Investment objective
The Fund (Feeder Fund) seeks high total return (including income and capital gains) consistent with preservation of capital over the long term through exclusive investment in the shares of the American Funds Insurance Series - Asset Allocation Fund (Master Fund).
Principal investment strategy
The Fund operates as a feeder fund and seeks to achieve its goal by investing all of its assets in Class 1 shares of the Master Fund. The Master Fund varies its mix of equity securities, debt securities and money market instruments. Under normal market conditions, the Master Fund expects (but is not required) to maintain an investment mix falling within the following ranges: 40%-80% in equity securities, 20%-50% in debt securities and 0%-40% in money market instruments and cash. As of December 31, 2025, the Master Fund was approximately 65% invested in equity securities, 31% invested in debt securities and 4% invested in money market instruments and cash. The proportion of equities, debt and money market securities held by the Master Fund varies with market conditions and the Master Funds investment advisers assessment of their relative attractiveness as investment opportunities.
The Master Fund invests in a diversified portfolio of common stocks and other equity securities, bonds and other intermediate and long-term debt securities, including U.S. Government securities, and money market instruments (debt securities maturing in one year or less). The Master Fund may invest up to 15% of its assets in common stocks and other equity securities tied economically to countries outside the United States and up to 5% of its assets in debt securities of issuers domiciled outside the United States. In addition, the Master Fund may invest up to 25% of its debt assets in lower quality debt securities (rated Ba1 or below and BB+ or below by Nationally Recognized Statistical Rating Organizations designated by the Master Fund or unrated but determined to be of equivalent quality by the Master Fund).
Such securities are sometimes referred to as junk bonds. The Master Fund uses a system of multiple portfolio managers in managing the funds assets. Under this approach, the portfolio of the Master Fund is divided into segments managed by individual portfolio managers. The Master Fund relies on the professional judgment of its investment adviser to make decisions about the Master Funds portfolio investments. The basic investment philosophy of the Master Funds investment adviser is to seek to invest in attractively priced securities that, in its opinion, represent good, long-term investment opportunities. Securities may be sold when the Master Funds investment adviser believes that they no longer represent relatively attractive investment opportunities.
C000004694 Holdings
Top 1 holdings of JNL/American Funds Balanced Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| American Funds Insurance Series - Asset Allocation Fund | 99.92% |
C000004694 Portfolio Allocation
Asset-class allocation of JNL/American Funds Balanced Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.9% |
C000004694 Performance
Total returns for C000004694 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 8.0% |
| 1 year | 15.5% |
| 3 years (annualised) | 15.6% |
| 5 years (annualised) | 8.2% |
C000004694 Risk Information
Risk metrics for C000004694, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.4%
C000004694 Costs and Fees
C000004694 costs about $90 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.90%
- Gross expense ratio: 1.20%
- Portfolio turnover: 72%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000004694 Cashflows
Over the 12 months to 2026-06, JNL/American Funds Balanced Fund had net outflows of $41.12M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $6.49M |
| 2026-05 | $10.38M |
| 2026-04 | $2.64M |
| 2026-03 | −$6.11M |
| 2026-02 | −$10.55M |
| 2026-01 | −$2.49M |
C000004694 Debt Constituents
No individual debt constituents are reported in JNL/American Funds Balanced Fund's latest SEC N-PORT filing.
C000004694 Prospectus and SEC Filings
Official JNL/American Funds Balanced 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 Multi-Cap / All-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.