JNL/Mellon Capital Small Cap Index Fund

Data updated: 2026-08-26

C000067970 — JNL/Mellon Capital Small Cap Index Fund. United States Small Cap Blend / Core Equity · $2.80B AUM. Holdings, fees, performance and SEC filings.

C000067970 Fund Overview

JNL/Mellon Capital Small Cap Index Fund is a US mutual fund managed by JNL Series Trust, categorised as United States Small 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 Small Cap Blend / Core Equity
Assets under management: $2.80B
1-year return: 37.2%
SEC CIK: 0000933691
SEC series ID: S000001729
Share class ID: C000067970

C000067970 Investment Objective and Strategy

JNL/Mellon Capital Small Cap 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 (Fund or Feeder Fund) is to track the performance of the S&P SmallCap 600 Index to provide long-term growth of capital by investing in equity securities of small- to mid-size domestic companies through exclusive investment in shares of the JNL Small Cap Index 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 I shares of the Master Fund. The Master Fund invests, under normal circumstances, at least 80% of its assets (net assets plus the amount of any borrowings for investment purposes) in the stocks included in the S&P SmallCap 600 Index (Index) in proportion to their market capitalization weighting in the Index. The Index is a quarterly-rebalanced, float-adjusted market cap weighted index comprised of approximately 600 U.S. common equities and REITs that meet the index providers criteria for market capitalization, public float, financial viability, liquidity, price reasonableness, and sector representation. The Index may invest across all GICS sectors and may include investments in financial services companies.

The Master Fund employs a passive investment approach, called indexing, which attempts to replicate the investment performance of the Index through representative sampling. The Master Fund does not employ traditional methods of active investment management, which involves the buying and selling of securities based upon security analysis. The Master 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 for the Index was $261.7 million to $9.3 billion. 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 of income.

The replicated portfolio does not require rebalancing as a result of market movement. It is rebalanced automatically with the change in share prices of the securities owned. The Master Funds holdings are rebalanced on a quarterly basis to reflect changes in the composition of the Index. The Master 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 Master 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 Master Funds objective. The Master Funds use of financial futures is intended to assist replicating the investment performance of the Index.

The Master Fund may lend its securities to increase its income.

C000067970 Holdings

Top 1 holdings of JNL/Mellon Capital Small Cap Index Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

Holding	% of net assets
JNL Small Cap Index Fund	100.10%

View all C000067970 holdings

C000067970 Portfolio Allocation

Asset-class allocation of JNL/Mellon Capital Small Cap Index Fund by percentage of net assets, from the latest SEC N-PORT filing.

Asset class	Allocation
Equity	100.1%

C000067970 Performance

Total returns for C000067970 (as of 2026-10-01), from SEC filings.

Period	Total return
YTD	23.7%
1 year	37.2%
3 years (annualised)	15.8%
5 years (annualised)	7.1%

C000067970 Risk Information

Risk metrics for C000067970, derived from monthly returns in SEC filings.

1-year volatility (annualised): 14.1%

C000067970 Costs and Fees

C000067970 costs about $26 per $10,000 invested per year in fund expenses.

Net expense ratio: 0.26%
Gross expense ratio: 0.46%
Portfolio turnover: 36%
Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)

C000067970 Cashflows

Over the 12 months to 2026-06, JNL/Mellon Capital Small Cap Index Fund had net outflows of $258.02M, from monthly SEC N-PORT filings.

Month	Net flow
2026-06	−$29.38M
2026-05	$292.34K
2026-04	−$11.25M
2026-03	−$24.09M
2026-02	−$6.12M
2026-01	−$16.16M

C000067970 Debt Constituents

No individual debt constituents are reported in JNL/Mellon Capital Small Cap Index Fund's latest SEC N-PORT filing.

C000067970 Prospectus and SEC Filings

Official JNL/Mellon Capital Small Cap Index Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other United States Small 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.