JNL Series Trust 485BPOS

Ex. 99.28(n)(1)(xx) 

Amendment to

JNL Series Trust Multiple Class Plan

 

 

This Amendment is made by JNL Series Trust, a Massachusetts business trust (the “Trust”), to its Multiple Class Plan (the “Plan”).

 

Whereas, the Plan was adopted on April 29, 2013, and as amended by the Trust with respect to each of the Trust’s investment portfolios (each a “Fund”), as shown on Schedule A to the Plan, in accordance with Rule 18f-3 under the Investment Company Act of 1940, as amended.

 

Whereas, the Board of Trustees of the Trust (the “Board”) has approved (i) one new Fund of the Trust (the “New Fund”), (ii) mergers for eleven Funds of the Trust into other Funds of the Trust (each, a “Merged Fund” and together, the “Merged Funds”), and (iii) fund name changes for six Funds of the Trust (the “Fund Name Changes”), as outlined below, effective April 27, 2026; and the Trust has agreed to amend Schedule A of the Plan to add the New Fund, to remove each Merged Fund, and to update the names of certain Funds pursuant to the Fund Name Changes, effective April 27, 2026.

 

New Fund

1)JNL/PPM America Emerging Markets Debt Fund.

 

Merged Funds

1)JNL/American Funds® Capital World Bond Fund;
2)JNL/AB Sustainable Global Thematic Fund;
3)JNL/AQR Large Cap Defensive Style Fund;
4)JNL/Invesco Global Growth Fund;
5)JNL/JPMorgan Global Allocation Fund;
6)JNL/Lazard International Quality Growth Fund;
7)JNL/Morningstar PitchBook Listed Private Equity Index Fund;
8)JNL/T. Rowe Price Balanced Fund;
9)JNL/T. Rowe Price U.S. High Yield Fund;
10)JNL/WCM China Quality Growth Fund; and
11)JNL/WMC Global Real Estate Fund.

Fund Name Changes

1)JNL Multi-Manager U.S. Select Equity Fund change to JNL Multi-Manager Select Equity Fund;
2)JNL/American Funds® Global Small Capitalization Fund change to JNL Multi-Manager Global Small Cap Fund;
3)JNL/ClearBridge Large Cap Growth Fund change to JNL/Fidelity Institutional AM® & JPMorgan Large Cap Growth Fund;
4)JNL/Fidelity Institutional Asset Management® Total Bond Fund change to JNL/Fidelity Institutional AM® Total Bond Fund;
5)JNL/Invesco Diversified Dividend Fund change to JNL/MFS Equity Income Fund; and
6)JNL/William Blair International Leaders Fund change to JNL Multi-Manager International Equity Fund.

 

Now Therefore, in consideration of the mutual covenants contained herein and for other good and valuable consideration, the Trust agrees to amend the Plan as follows:

1)Schedule A to the Plan is hereby deleted and replaced in its entirety with Schedule A, dated April 27, 2026, attached hereto.
2)Except as specifically amended hereby, the Plan shall remain in full force and effect in accordance with its terms.

 

In Witness Whereof, the Trust has caused this Amendment to be executed and effective April 27, 2026.

 

  JNL Series Trust
 

By:

 /s/ Kristen K. Leeman
  Name: Kristen K. Leeman
  Title: Assistant Secretary

 

 

 

 

Schedule A

Dated April 27, 2026

Investment Portfolios

 

 

Funds Class

JNL Bond Index Fund

 

Class I

 

JNL Emerging Markets Index Fund

 

 Class I

JNL International Index Fund

 

 Class I

JNL Mid Cap Index Fund

 

 Class I

JNL Small Cap Index Fund

 

 Class I
JNL/American Funds® Balanced Fund

Class A

Class I

JNL/American Funds® Bond Fund of America Fund

Class A

Class I

JNL/American Funds® Capital Income Builder Fund

Class A

Class I

JNL/American Funds® Global Growth Fund

Class A

Class I

JNL/American Funds® Growth Fund

Class A

Class I

JNL/American Funds® Growth-Income Fund

Class A

Class I

JNL/American Funds® International Fund

Class A

Class I

JNL/American Funds® New World Fund

Class A

Class I

JNL/American Funds® Washington Mutual Investors Fund

Class A

Class I

JNL Aggressive Growth Allocation Fund

Class A

Class I

JNL Conservative Allocation Fund

Class A

Class I

JNL Growth Allocation Fund

Class A

Class I

JNL Growth ETF Allocation Fund

Class A

Class I

JNL Moderate Allocation Fund

Class A

Class I

JNL Moderate ETF Allocation Fund

Class A

Class I

JNL Moderate Growth Allocation Fund

Class A

Class I

JNL Moderate Growth ETF Allocation Fund

Class A

Class I

JNL Multi-Manager Alternative Fund

Class A

Class I

JNL Multi-Manager Emerging Markets Equity Fund

Class A

Class I

JNL Multi-Manager Floating Rate Income Fund

Class A

Class I

 

A-1

 

 

Funds Class
JNL Multi-Manager Global Small Cap Fund

Class A

Class I

JNL Multi-Manager International Equity Fund

Class A

Class I

JNL Multi-Manager International Small Cap Fund

Class A

Class I

JNL Multi-Manager Mid Cap Fund

Class A

Class I

JNL Multi-Manager Select Equity Fund

Class A

Class I

JNL Multi-Manager Small Cap Growth Fund

Class A

Class I

JNL Multi-Manager Small Cap Value Fund

Class A

Class I

JNL/American Funds® Growth Allocation Fund

Class A

Class I

JNL/American Funds® Moderate Allocation Fund

Class A

Class I

JNL/American Funds® Moderate Growth Allocation Fund

Class A

Class I

JNL/BlackRock Global Allocation Fund

Class A

Class I

JNL/BlackRock Global Natural Resources Fund

Class A

Class I

JNL/BlackRock Large Cap Select Growth Fund

Class A

Class I

JNL/Causeway International Value Select Fund

Class A

Class I

JNL/Cohen & Steers U.S. Realty Fund

Class A

Class I

JNL/DFA International Core Equity Fund

Class A

Class I

JNL/DFA U.S. Core Equity Fund

Class A

Class I

JNL/DFA U.S. Small Cap Fund

Class A

Class I

JNL/DoubleLine® Core Fixed Income Fund

Class A

Class I

JNL/DoubleLine® Emerging Markets Fixed Income Fund

Class A

Class I

JNL/DoubleLine® Shiller Enhanced CAPE® Fund

Class A

Class I

JNL/DoubleLine® Total Return Fund

Class A

Class I

JNL/Dreyfus Government Money Market Fund

Class A

Class I

JNL/Fidelity Institutional AM® & JPMorgan Large Cap Growth Fund

Class A

Class I

JNL/Fidelity Institutional  AM ® Total Bond Fund

Class A

Class I

JNL/First Sentier Global Infrastructure Fund

Class A

Class I

JNL/Franklin Templeton Income Fund

Class A

Class I

JNL/Goldman Sachs 4 Fund

Class A

Class I

 

A-2

 

 

Funds Class
JNL/GQG Emerging Markets Equity Fund

Class A

Class I

JNL/Invesco Small Cap Growth Fund

Class A

Class I

JNL/JPMorgan Hedged Equity Fund

Class A

Class I

JNL/JPMorgan Managed Aggressive Growth Fund

Class A

Class I

JNL/JPMorgan Managed Conservative Fund

Class A

Class I

JNL/JPMorgan Managed Growth Fund

Class A

Class I

JNL/JPMorgan Managed Moderate Fund

Class A

Class I

JNL/JPMorgan Managed Moderate Growth Fund

Class A

Class I

JNL/JPMorgan MidCap Growth Fund

Class A

Class I

JNL/JPMorgan Nasdaq® Hedged Equity Fund

Class A

Class I

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

Class A

Class I

JNL/JPMorgan U.S. Value Fund

Class A

Class I

JNL/Loomis Sayles Global Growth Fund

Class A

Class I

JNL/Lord Abbett Short Duration Income Fund

Class A

Class I

JNL/Mellon Bond Index Fund

Class A

Class I

JNL/Mellon Communication Services Sector Fund

Class A

Class I

JNL/Mellon Consumer Discretionary Sector Fund

Class A

Class I

JNL/Mellon Consumer Staples Sector Fund

Class A

Class I

JNL/Mellon DowSM Index Fund

Class A

Class I

JNL/Mellon Emerging Markets Index Fund

Class A

Class I

JNL/Mellon Energy Sector Fund

Class A

Class I

JNL/Mellon Financial Sector Fund

Class A

Class I

JNL/Mellon Healthcare Sector Fund

Class A

Class I

JNL/Mellon Industrials Sector Fund

Class A

Class I

JNL/Mellon Information Technology Sector Fund

Class A

Class I

JNL/Mellon International Index Fund

Class A

Class I

JNL/Mellon Materials Sector Fund

Class A

Class I

JNL/Mellon Nasdaq® 100 Index Fund

Class A

Class I

 

A-3

 

 

Funds Class
JNL/Mellon Real Estate Sector Fund

Class A

Class I

JNL/Mellon S&P 400 MidCap Index Fund

Class A

Class I

JNL/Mellon S&P 500 Index Fund

Class A

Class I

JNL S&P 500 Index Fund

Class A

Class I

JNL/Mellon Small Cap Index Fund

Class A

Class I

JNL/Mellon U.S. Stock Market Index Fund

Class A

Class I

JNL/Mellon Utilities Sector Fund

Class A

Class I

JNL/Mellon World Index Fund

Class A

Class I

JNL/Morningstar SMID Moat Focus Index Fund

Class A

Class I

JNL/Morningstar U.S. Sustainability Index Fund

Class A

Class I

JNL/Morningstar Wide Moat Index Fund

Class A

Class I

JNL/MFS Equity Income Fund

Class A

Class I

JNL/MFS Mid Cap Value Fund

Class A

Class I

JNL/Neuberger Berman Commodity Strategy Fund

Class A

Class I

JNL/Neuberger Berman Gold Plus Strategy Fund

Class A

Class I

JNL/Neuberger Berman Strategic Income Fund

Class A

Class I

JNL/Newton Equity Income Fund

Class A

Class I

JNL/PIMCO Income Fund

Class A

Class I

JNL/PIMCO Investment Grade Credit Bond Fund

Class A

Class I

JNL/PIMCO Real Return Fund

Class A

Class I

JNL/PPM America Emerging Markets Debt Fund

Class A

Class I

JNL/PPM America High Yield Bond Fund

Class A

Class I

JNL/PPM America Investment Grade Credit Fund

Class A

Class I

JNL/PPM America Total Return Fund

Class A

Class I

JNL/RAFI® Fundamental U.S. Small Cap Fund

Class A

Class I

JNL/RAFI® Multi-Factor U.S. Equity Fund

Class A

Class I

JNL/T. Rowe Price Capital Appreciation Equity Fund

Class A

Class I

JNL/T. Rowe Price Capital Appreciation Fund

Class A

Class I

 

A-4

 

 

Funds Class
JNL/T. Rowe Price Growth Stock Fund

Class A

Class I

JNL/T. Rowe Price Mid-Cap Growth Fund

Class A

Class I

JNL/T. Rowe Price Short-Term Bond Fund

Class A

Class I

JNL/T. Rowe Price Value Fund

Class A

Class I

JNL/Vanguard Growth ETF Allocation Fund

Class A

Class I

JNL/Vanguard Moderate ETF Allocation Fund

Class A

Class I

JNL/Vanguard Moderate Growth ETF Allocation Fund

Class A

Class I

JNL/WCM Focused International Equity Fund

Class A

Class I

JNL/Westchester Capital Event Driven Fund

Class A

Class I

JNL/WMC Balanced Fund

Class A

Class I

JNL/WMC Equity Income Fund

Class A

Class I

JNL/WMC Value Fund

Class A

Class I

 

A-5