JNL/PIMCO Income Fund
Data updated: 2026-08-26
C000192062 — JNL/PIMCO Income Fund. Long Securitized (MBS/ABS/CMBS) Bond · $1.89B AUM · 0.99% expense ratio. Holdings, fees, performance and SEC filings.
C000192062 Fund Overview
JNL/PIMCO Income Fund is a US mutual fund managed by JNL Series Trust, categorised as Long Securitized (MBS/ABS/CMBS) Bond. 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: Long Securitized (MBS/ABS/CMBS) Bond
- Assets under management: $1.89B
- 1-year return: 6.1%
- SEC CIK: 0000933691
- SEC series ID: S000058490
- Share class ID: C000192062
C000192062 Investment Objective and Strategy
JNL/PIMCO Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by JNL Series Trust.
Investment objective
The primary investment objective of the Fund is to maximize current income.
Principal investment strategy
The Fund seeks to achieve its investment objectives by investing, under normal circumstances, at least 65% of its total assets in a multi-sector portfolio of Fixed-Income Instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. Fixed-Income Instruments include bonds, debt securities and other similar instruments issued by various U.S. and non-U.S. public- or private-sector entities. The Fund may also invest in contingent convertible securities. The Fund will seek to maintain a high and consistent level of dividend income by investing in a broad array of fixed-income sectors and utilizing income efficient implementation strategies. The capital appreciation sought by the Fund generally arises from decreases in interest rates or improving credit fundamentals for a particular sector or security.
The Fund will generally allocate its assets among several investment sectors, without limitation, which may include: (i) high yield securities (junk bonds) and investment grade corporate bonds of issuers located in the United States and non-U.S. countries, including emerging market countries; (ii) fixed-income securities issued by U.S. and non-U.S. governments (including emerging market governments), their agencies and instrumentalities; (iii) mortgage-related and other asset backed securities; and (iv) foreign currencies, including those of emerging market countries. However, the Fund is not required to gain exposure to any one investment sector, and the Funds exposure to any one investment sector will vary over time. The average portfolio duration of this Fund normally varies from zero to eight years based on Pacific Investment Management Company LLCs (PIMCO) forecast for interest rates.
Duration is a measure used to determine the sensitivity of a securitys price to changes in interest rates. The longer a securitys duration, the more sensitive it will be to changes in interest rates. The Fund may invest up to 50% of its total assets in high yield securities rated below investment grade by Moodys Investors Service, Inc. (Moodys), or equivalently rated by S&P Global Ratings (S&P) or Fitch, Inc. (Fitch), or if unrated, determined by PIMCO to be of comparable quality (except such 50% limitation shall not apply to the Funds investments in mortgage- and asset-backed securities). In addition, the Fund may invest, without limitation, in securities denominated in foreign currencies. The Fund may invest up to 20% of its total assets in securities and instruments that are economically tied to emerging market countries (this limitation does not apply to investment grade sovereign debt denominated in the local currency with less than 1 year remaining to maturity, which means the Fund may invest in such instruments without limitation subject to any applicable legal or regulatory limitation).
The Fund will normally limit its foreign currency exposure (from non-U.S. dollar denominated securities or currencies) to 20% of its total assets. The Fund may invest, without limitation, in derivative instruments, such as options, futures contracts, including commodity futures, or swap agreements, or in mortgage- or asset backed securities, subject to applicable law and any other restrictions described in the Funds prospectus or Statement of Additional Information. The Fund may purchase or sell securities on a when-issued, delayed delivery or forward commitment basis and may engage in short sales. The Fund may, without limitation, seek to obtain market exposure to the securities in which it primarily invests by entering into a series of purchase and sale contracts or by using other investment techniques (such as buy backs or dollar rolls).
The Fund may also invest up to 10% of its total assets in preferred securities.
C000192062 Holdings
Top 10 holdings of JNL/PIMCO Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Federal National Mortgage Association, Inc. | 9.32% |
| Federal National Mortgage Association, Inc. | 7.49% |
| Federal National Mortgage Association, Inc. | 6.99% |
| Federal National Mortgage Association, Inc. | 5.40% |
| Federal National Mortgage Association, Inc. | 5.25% |
| Presidencia da Republica | 4.02% |
| Federal National Mortgage Association, Inc. | 3.84% |
| Federal National Mortgage Association, Inc. | 2.46% |
| FHLBanks Office of Finance | 2.42% |
| Government National Mortgage Association | 2.11% |
C000192062 Portfolio Allocation
Asset-class allocation of JNL/PIMCO Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Securitized | 88.7% |
| Fixed Income | 43.3% |
| Cash & Equivalents | 13.9% |
| Loans | 2.1% |
| Real Estate | 1.7% |
| Equity | 0.4% |
C000192062 Performance
Total returns for C000192062 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.2% |
| 1 year | 6.1% |
| 3 years (annualised) | 7.6% |
| 5 years (annualised) | 3.4% |
C000192062 Risk Information
Risk metrics for C000192062, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.5%
C000192062 Costs and Fees
C000192062 costs about $99 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.99%
- Gross expense ratio: 0.99%
- Portfolio turnover: 19%
- Brokerage commissions: 0.43 bps of average net assets (SEC N-CEN)
C000192062 Cashflows
Over the 12 months to 2026-06, JNL/PIMCO Income Fund had net inflows of $196.22M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$2.06M |
| 2026-05 | −$16.51M |
| 2026-04 | $11.38M |
| 2026-03 | −$11.60M |
| 2026-02 | −$501.15K |
| 2026-01 | −$3.18M |
C000192062 Debt Constituents
Largest debt holdings of JNL/PIMCO Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Presidencia da Republica | 4.02% |
| Beignet Investments, LLC | 1.78% |
| Treasury, United States Department of | 1.66% |
| Treasury, United States Department of | 1.65% |
| Treasury, United States Department of | 1.64% |
| Treasury, United States Department of | 1.54% |
| RD Michigan Property Owner I LLC | 1.51% |
| South Africa, Parliament of | 1.34% |
| Ministerio De Hacienda Y Credito Publico | 1.16% |
| Treasury, United States Department of | 1.12% |
C000192062 Prospectus and SEC Filings
Official JNL/PIMCO Income 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 Long Securitized (MBS/ABS/CMBS) Bond 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.