JNL/Lord Abbett Short Duration Income Fund

C000218176 Fund Overview

JNL/Lord Abbett Short Duration Income Fund is a US mutual fund managed by JNL Series Trust, categorised as Short Corporate 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: Short Corporate Bond
• Assets under management: $621.79M
• 1-year return: 3.9%
• SEC CIK: 0000933691
• SEC series ID: S000068109
• Share class ID: C000218176

C000218176 Investment Objective and Strategy

JNL/Lord Abbett Short Duration Income 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 seek a high level of income consistent with preservation of capital.

Principal investment strategy

The Fund invests in various types of short-duration debt (or fixed-income) securities. Under normal conditions, the Fund pursues its investment objective by investing at least 65% of its net assets in investment grade debt securities of various types. Such investments include: ? Corporate debt securities of U.S. issuers; ? Corporate debt securities of non-U.S. (including emerging market) issuers that are denominated in U.S. dollars; ? Mortgage-backed, mortgage-related, and other asset-backed securities, including privately issued mortgage-related securities and commercial mortgage-backed securities (CMBS); ? Securities issued or guaranteed by the U.S. Government, its agencies and instrumentalities; and ? Inflation-linked investments. The Fund may invest in Treasury Inflation Protected Securities (TIPS), which are U.S.

Government bonds whose principal automatically is adjusted for inflation as measured by the Consumer Price Index for All Urban Consumers (CPI-U), and other inflation-indexed securities issued by the U.S. Department of Treasury. The Fund may invest up to 35% of its net assets in any one or a combination of the following types of fixed income securities and other instruments: ? High-yield debt securities (commonly referred to as lower-rated or junk bonds); ? Debt securities of non-U.S. (including emerging market) issuers that are denominated in foreign currencies; ? Senior loans, including bridge loans, novations, assignments, and participations; ? Convertible securities, including convertible bonds and preferred stocks; and ? Structured securities and other hybrid instruments, including collateralized loan obligations (CLOs).

The Fund will not invest more than 25% of its total assets in any industry; however, this limitation does not apply to mortgage-backed securities, privately issued mortgage-related securities, or securities issued by the U.S. Government, its agencies and instrumentalities. The Fund may, and typically does, invest substantially in CMBS, including lower-rated CMBS. The Fund seeks to manage interest rate risk through its management of the average duration of the securities it holds in its portfolio. Under normal conditions, the Fund will maintain its average dollar-weighted duration range between one and three years. The duration of a security takes into account the pattern of all expected payments of interest and principal on the security over time, including how these payments are affected by changes in interest rates.

The Fund may use derivatives to hedge against risk or to gain investment exposure. Currently, the Fund expects to invest in derivatives consisting principally of futures, forwards, options, and swaps. The Fund may use derivatives to seek to enhance returns, to attempt to hedge some of its investment risk, to manage portfolio duration, as a substitute for holding the underlying asset on which the derivative instrument is based, or for cash management purposes. For example, the Fund may invest in or sell short U.S. Treasury futures, securities index futures, other futures, including commodity futures, and/or currency forwards to adjust the Funds exposure to the direction of interest rates, or for other portfolio management reasons. The Funds sub-adviser, Lord, Abbett & Co. LLC (the Sub-Adviser), buys and sells securities using a relative value-oriented investment process, meaning the Sub-Adviser generally seeks more investment exposure to securities believed to be undervalued and less investment exposure to securities believed to be overvalued.

The Sub-Adviser combines top-down and bottom-up analysis to construct its portfolio, using a blend of quantitative and fundamental research. As part of its top down analysis, the Sub-Adviser evaluates global economic conditions, including monetary, fiscal, and regulatory policy, as well as the political and geopolitical environment, in order to identify and assess opportunities and risks across different segments of the fixed income market. The Sub-Adviser employs bottom-up analysis to identify and select securities for investment by the Fund based on in-depth company, industry, and market research and analysis. The Sub-Adviser may actively rotate sector exposure based on its assessment of relative value. The Fund may engage in active and frequent trading of its portfolio securities. The Fund may sell a security when the Fund believes the security is less likely to benefit from the current market and economic environment, or shows signs of deteriorating fundamentals, among other reasons.

The Fund may deviate from the investment strategy described above for temporary defensive purposes. The Fund may miss certain investment opportunities if defensive strategies are used and thus may not achieve its investment objective.

C000218176 Holdings

Top 10 holdings of JNL/Lord Abbett Short Duration Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all C000218176 holdings

C000218176 Portfolio Allocation

Asset-class allocation of JNL/Lord Abbett Short Duration Income Fund by percentage of net assets, from the latest SEC N-PORT filing.

C000218176 Performance

Total returns for C000218176 (as of 2026-10-01), from SEC filings.

C000218176 Risk Information

Risk metrics for C000218176, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 1.3%

C000218176 Costs and Fees

C000218176 costs about $50 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.50%
• Gross expense ratio: 0.50%
• Portfolio turnover: 96%
• Brokerage commissions: 0.30 bps of average net assets (SEC N-CEN)

C000218176 Cashflows

Over the 12 months to 2026-06, JNL/Lord Abbett Short Duration Income Fund had net outflows of $77.10M, from monthly SEC N-PORT filings.

C000218176 Debt Constituents

Largest debt holdings of JNL/Lord Abbett Short Duration Income Fund by percentage of net assets, from the latest SEC N-PORT filing.

C000218176 Prospectus and SEC Filings

Official JNL/Lord Abbett Short Duration 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 Short Corporate Bond funds tracked on ABC INVEST:

• Vanguard Short-Term Investment-Grade Fund (VFSTX)
• Vanguard Short-Term Corporate Bond Index Fund (VSCSX)
• American High Income Trust (AHITX)
• Vanguard High-Yield Corporate Fund (VWEHX)
• PGIM High Yield Fund (JDYRX)

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.