JNL/Vanguard Equity Income Fund Class A (0P0001AMJN)

Overview

The fund aims to achieve its investment objective by primarily investing at least 80% of its assets in equity securities, focusing on mid-size and large companies that offer above-average dividend income and appear undervalued. The fund adopts a diverse investment strategy by incorporating both domestic and foreign securities, allowing up to 25% of its assets to be invested in foreign markets either directly or via depositary receipts. This strategy is designed to provide investors with an attractive income stream while also offering the potential for capital appreciation from undervalued stocks.

Products and Services

• Equity Securities Investment

  The fund primarily invests in equity securities, particularly in common stocks of mid-size and large companies. This is geared towards companies that not only provide above-average dividend incomes but are also deemed undervalued by the Sub-Adviser. This investment approach aims to balance the pursuit of income with the potential for capital growth, making it a cornerstone of the fund's investment strategy.

• Investment in Dividend-Paying Stocks

  By prioritizing investments in companies that typically pay above-average levels of dividend income, the fund seeks to provide a reliable income stream to its investors. This focus on dividend-paying stocks targets the dual benefits of income generation and potential stock price appreciation, especially from stocks deemed to be undervalued.

• Exposure to Foreign Securities

  Up to 25% of the fund’s assets may be allocated to foreign securities, either directly or through depositary receipts. This allocation allows the fund to diversify its portfolio beyond domestic markets, tapping into the growth potential of foreign companies and markets. This exposure to international markets potentially enhances the fund's risk-adjusted returns through diversification.