Morningstar

JNL/BlackRock Global Allocation Fund Class A

Morningstar Medalist Rating
Medalist Rating as of | See Jackson Investment Hub
  • NAV / 1-Day Return 22.60  /  +0.62 %
  • Total Assets 3.3B
  • Adj. Expense Ratio
    1.060%
  • Expense Ratio 1.030%
  • Distribution Fee Level Low
  • Share Class Type Level Load
  • Category Global Moderate Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 0.00
  • Turnover 135%

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/BlackRock Global Allocation A 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/BlackRock Global Allocation A’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/BlackRock Global Allocation A 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/BlackRock Global Allocation A’s parent organization’s priorities and whether they’re in line with investors’ interests.

Senior Principal Jason Kephart

Jason Kephart

Senior Principal

Summary

Rick Rieder unchained. Few global balanced funds rival BlackRock Global Allocation’s combination of disciplined risk management, macro-driven strategy, and robust resources. Rick Rieder, BlackRock’s global fixed-income CIO, has led the strategy since April 2019, supported by experienced co-leads Russ Koesterich, Randy Berkowitz, and Sarah Thompson.

by Jason Kephart
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 17.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Dollar

9.77 343M
Cash and Equivalents

Govt Money Mkt Fd Instl Cl

6.56 231M
Cash and Equivalents

Cash

2.65 93M
Cash and Equivalents

NVIDIA Corp

2.48 87M
Technology

Alphabet Inc Class C

2.38 84M
Communication Services

Apple Inc

2.37 83M
Technology

Federal National Mortgage Association 3.5%

1.61 57M
Securitized

SPDR® Gold Shares

1.59 56M
—

Taiwan Semiconductor Manufacturing Co Ltd

1.54 54M
Technology

Amazon.com Inc

1.44 51M
Consumer Cyclical

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