JNL/Mellon Capital S&P 500 Index Fund
Data updated: 2026-08-26
C000067968 — JNL/Mellon Capital S&P 500 Index Fund. United States Large Cap Blend / Core Equity · $18.33B AUM. Holdings, fees, performance and SEC filings.
C000067968 Fund Overview
JNL/Mellon Capital S&P 500 Index Fund is a US mutual fund managed by JNL Series Trust, 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 Series Trust
- Category: United States Large Cap Blend / Core Equity
- Assets under management: $18.33B
- 1-year return: 22.1%
- SEC CIK: 0000933691
- SEC series ID: S000001727
- Share class ID: C000067968
C000067968 Investment Objective and Strategy
JNL/Mellon Capital S&P 500 Index 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 track the performance of the S&P 500 Index to provide long-term capital growth.
Principal investment strategy
The Fund seeks to invest under normal circumstances at least 80% of its assets (net assets plus the amount of any borrowings for investment purposes) in the stocks in the S&P 500 Index (Index) in proportion to their market capitalization weighting in the Index. The Fund employs a passive investment approach, called indexing, which attempts to replicate the investment performance of the Index through representative sampling. The Fund does not employ traditional methods of active investment management, which involves the buying and selling of securities based upon security analysis. The Fund attempts to replicate the Index by investing all or substantially all of its assets in the stocks that make up the Index. As of December 31, 2025, the market capitalization range of the Index is $3.6 billion to $4.6 trillion.
Indexing may offer a cost-effective investment approach to gaining diversified market exposure over the long-term. When attempting to replicate a capitalization-weighted index such as the Index, portfolio turnover is reduced to what the index adds and deletes, contract owner contributions and withdrawals, and reinvestment income. The replicated portfolio does not require rebalancing as a result of market movement. The Fund is managed to reflect the composition of the Index and will rebalance as needed to reflect changes in the composition of the Index. The Fund may also invest in a combination of exchange-traded funds (ETFs) and cash to maintain correlation to its index, to assist with index rebalances, and to meet redemption or purchase requests. The Fund may invest in financial futures, a type of derivative that may be used to obtain exposure to a variety of underlying assets, to provide liquidity for cash flows, to hedge dividend accruals or for other purposes that facilitate meeting the Funds objective.
The Funds use of financial futures is intended to assist replicating the investment performance of the Index. Although the Fund is diversified, the Fund may, at times, be invested in a non-diversified manner to the extent the Index is also invested in a non-diversified manner.
C000067968 Holdings
Top 10 holdings of JNL/Mellon Capital S&P 500 Index Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corporation | 7.48% |
| Apple Inc. | 6.56% |
| Microsoft Corporation | 4.28% |
| Amazon.com, Inc. | 3.60% |
| Alphabet Inc. | 3.23% |
| Broadcom Inc. | 2.76% |
| Alphabet Inc. | 2.58% |
| The Bank Of Nova Scotia, Toronto | 2.18% |
| Micron Technology, Inc. | 2.01% |
| Meta Platforms, Inc. | 1.91% |
C000067968 Portfolio Allocation
Asset-class allocation of JNL/Mellon Capital S&P 500 Index Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.5% |
| Cash & Equivalents | 4.3% |
C000067968 Performance
Total returns for C000067968 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 10.1% |
| 1 year | 22.1% |
| 3 years (annualised) | 20.4% |
| 5 years (annualised) | 13.2% |
C000067968 Risk Information
Risk metrics for C000067968, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 13.1%
C000067968 Costs and Fees
C000067968 costs about $22 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.22%
- Gross expense ratio: 0.22%
- Portfolio turnover: 3%
- Brokerage commissions: 0.03 bps of average net assets (SEC N-CEN)
C000067968 Cashflows
Over the 12 months to 2026-06, JNL/Mellon Capital S&P 500 Index Fund had net outflows of $964.86M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$76.07M |
| 2026-05 | $78.94M |
| 2026-04 | −$45.72M |
| 2026-03 | −$95.63M |
| 2026-02 | −$109.81M |
| 2026-01 | −$173.26M |
C000067968 Debt Constituents
No individual debt constituents are reported in JNL/Mellon Capital S&P 500 Index Fund's latest SEC N-PORT filing.
C000067968 Prospectus and SEC Filings
Official JNL/Mellon Capital S&P 500 Index 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 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.