Morningstar

JNL/JPMorgan U.S. Government & Quality Bond Fund Class I

Morningstar Medalist Rating
Medalist Rating as of | See Jackson Investment Hub
  • NAV / 1-Day Return 14.65  /  −0.20 %
  • Total Assets 1.1B
  • Adj. Expense Ratio
    0.390%
  • Expense Ratio 0.390%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Intermediate Government
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 0.00
  • Effective Duration 6.01 years

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 11:56 PM GMT+0

Morningstar’s Analysis

Will JNL/JPMorgan US Govt & Quality Bd I outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable JNL/JPMorgan US Govt & Quality Bd I’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the JNL/JPMorgan US Govt & Quality Bd I management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of JNL/JPMorgan US Govt & Quality Bd I’s parent organization’s priorities and whether they’re in line with investors’ interests.

Principal Paul Olmsted

Paul Olmsted

Principal

Summary

A new lead manager, same robust process. JPMorgan Government Bond’s leadership transition brings subtle tweaks to the process, but the strategy will stay true to its roots.

by Paul Olmsted
Rated on Published on

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Portfolio Holdings

More Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 25.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bonds 4.875%

4.50 53M
Government

United States Treasury Bonds 3.75%

3.54 42M
Government

United States Treasury Bonds 4.625%

3.37 40M
Government

United States Treasury Notes 2.25%

3.02 36M
Government

United States Treasury Notes 2.25%

2.88 34M
Government

Govt Money Mkt Fd Instl Cl

2.73 32M
Cash and Equivalents

Federal National Mortgage Association 1.9%

2.61 31M
Securitized

United States Treasury Notes 4.25%

1.85 22M
Government

United States Treasury Notes 4%

1.69 20M
Government

Federal Home Loan Mortgage Corp. 5.5%

1.68 20M
Securitized

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