EX-99.28(E)(1)(IV) 16 ex28e1iv_disamend.htm

Ex. 99.28(e)(1)(iv)

Amendment to JNL Series Trust

Third Amended and Restated Distribution Agreement

This Amendment is made by and between JNL Series Trust, a Massachusetts business trust (the “Trust”), and Jackson National Life Distributors LLC (“JNLD”), a broker-dealer registered with the U.S. Securities and Exchange Commission and the Financial Industry Regulatory Authority.

Whereas, the Trust and JNLD (the “Parties”) entered into a Third Amended and Restated Distribution Agreement, effective as of September 13, 2021, as amended (the “Agreement”), whereby the Trust appointed JNLD as distributor (the “Distributor”) of the shares of the separate funds (the “Funds”) set forth on Schedule A of the Agreement.

Whereas, the Board of Trustees of the Trust has approved the following two new funds (each, a “New Fund” and together, “New Funds”), effective April 29, 2024:

New Funds

JNL/Morningstar SMID Moat Focus Index Fund; and

JNL/PPM America Investment Grade Credit Fund.

Whereas, and the Parties have agreed to amend Schedule A of the Agreement to add the New Funds and each New Fund’s respective distribution fees, effective April 29, 2024.

Now Therefore, in consideration of the mutual covenants herein contained, the Parties hereby agree to amend the Agreement as follows:

Schedule A to the Agreement is hereby deleted and replaced, in its entirety, with Schedule A dated April 29, 2024, attached hereto.

Each of the Parties represents and warrants to the others that it has full authority to enter into this Amendment, upon the terms and conditions hereof, and that the individual executing this Amendment is duly authorized to bind the respective party to this Amendment.

This Amendment may be executed in one or more counterparts, which together shall constitute one document.

In Witness Whereof, the Trust and the Distributor have caused this Amendment to be executed, effective April 29, 2024.

Attest:		JNL Series Trust
	*/s/ Norma M. Mendez*		*/s/ Kristen K. Leeman*
By:	*/s/ Norma M. Mendez*	By:	*/s/ Kristen K. Leeman*
	Norma M. Mendez	Name:	Kristen K. Leeman
		Title:	Assistant Secretary

Attest:		Jackson National Life Distributors LLC

By:	*/s/ Elizabeth Robison*	By:	*/s/ Alison Reed*
	Elizabeth Robison	Name:	Alison Reed
		Title:	Chief Operating Officer

Schedule A

Dated April 29, 2024

Funds

Class

Maximum

12b-1 Fee ¹

JNL Bond Index Fund

Class I

None

JNL Emerging Markets Index Fund

Class I

None

JNL International Index Fund

Class I

None

JNL Mid Cap Index Fund

Class I

None

JNL Small Cap Index Fund

Class I

None

JNL/American Funds^® Balanced Fund

Class A

Class I

0.30%

None

JNL/American Funds^® Bond Fund of America Fund

Class A

Class I

0.30%

None

JNL/American Funds^® Capital Income Builder Fund

Class A

Class I

0.30%

None

JNL/American Funds^® Capital World Bond Fund

Class A

Class I

0.30%

None

JNL/American Funds^® Global Growth Fund

Class A

Class I

0.30%

None

JNL/American Funds^® Global Small Capitalization Fund

Class A

Class I

0.30%

None

JNL/American Funds^® Growth Fund

Class A

Class I

0.30%

None

JNL/American Funds^® Growth-Income Fund

Class A

Class I

0.30%

None

JNL/American Funds^® International Fund

Class A

Class I

0.30%

None

JNL/American Funds^® New World Fund

Class A

Class I

0.30%

None

JNL/American Funds^® Washington Mutual Investors Fund

Class A

Class I

0.30%

None

JNL Aggressive Growth Allocation Fund

Class A

Class I

0.30%

None

JNL Conservative Allocation Fund

Class A

Class I

0.30%

None

JNL Growth Allocation Fund

Class A

Class I

0.30%

None

JNL iShares Tactical Growth Fund

Class A

Class I

0.30%

None

JNL iShares Tactical Moderate Fund

Class A

Class I

0.30%

None

JNL iShares Tactical Moderate Growth Fund

Class A

Class I

0.30%

None

JNL Moderate Allocation Fund

Class A

Class I

0.30%

None

JNL Moderate Growth Allocation Fund

Class A

Class I

0.30%

None

JNL Multi-Manager Alternative Fund

Class A

Class I

0.30%

None

JNL Multi-Manager Emerging Markets Equity Fund

Class A

Class I

0.30%

None

JNL Multi-Manager International Small Cap Fund

Class A

Class I

0.30%

None

JNL Multi-Manager Mid Cap Fund

Class A

Class I

0.30%

None

JNL Multi-Manager Small Cap Growth Fund

Class A

Class I

0.30%

None

JNL Multi-Manager Small Cap Value Fund

Class A

Class I

0.30%

None

A-1

Funds

Class

Maximum

12b-1 Fee ¹

JNL Multi-Manager U.S. Select Equity Fund

Class A

Class I

0.30%

None

JNL/AB Sustainable Global Thematic Fund

Class A

Class I

0.30%

None

JNL/American Funds^® Growth Allocation Fund

Class A

Class I

0.30%

None

JNL/American Funds^® Moderate Growth Allocation Fund

Class A

Class I

0.30%

None

JNL/AQR Large Cap Defensive Style Fund

Class A

Class I

0.30%

None

JNL/Baillie Gifford International Growth Fund

Class A

Class I

0.30%

None

JNL/Baillie Gifford U.S. Equity Growth Fund

Class A

Class I

0.30%

None

JNL/BlackRock Global Allocation Fund

Class A

Class I

0.30%

None

JNL/BlackRock Global Natural Resources Fund

Class A

Class I

0.30%

None

JNL/BlackRock Large Cap Select Growth Fund

Class A

Class I

0.30%

None

JNL/Causeway International Value Select Fund

Class A

Class I

0.30%

None

JNL/ClearBridge Large Cap Growth Fund

Class A

Class I

0.30%

None

JNL/DFA International Core Equity Fund

Class A

Class I

0.30%

None

JNL/DFA U.S. Core Equity Fund

Class A

Class I

0.30%

None

JNL/DFA U.S. Small Cap Fund

Class A

Class I

0.30%

None

JNL/DoubleLine^®Core Fixed Income Fund

Class A

Class I

0.30%

None

JNL/DoubleLine^®Emerging Markets Fixed Income Fund

Class A

Class I

0.30%

None

JNL/DoubleLine^®Shiller Enhanced CAPE^® Fund

Class A

Class I

0.30%

None

JNL/DoubleLine^®Total Return Fund

Class A

Class I

0.30%

None

JNL/Fidelity Institutional Asset Management^® Total Bond Fund

Class A

Class I

0.30%

None

JNL/First Sentier Global Infrastructure Fund

Class A

Class I

0.30%

None

JNL/Franklin Templeton Income Fund

Class A

Class I

0.30%

None

JNL/Goldman Sachs 4 Fund

Class A

Class I

0.30%

None

JNL/Goldman Sachs Managed Aggressive Growth Fund

Class A

Class I

0.30%

None

JNL/Goldman Sachs Managed Conservative Fund

Class A

Class I

0.30%

None

JNL/Goldman Sachs Managed Growth Fund

Class A

Class I

0.30%

None

JNL/Goldman Sachs Managed Moderate Fund

Class A

Class I

0.30%

None

JNL/Goldman Sachs Managed Moderate Growth Fund

Class A

Class I

0.30%

None

JNL/GQG Emerging Markets Equity Fund

Class A

Class I

0.30%

None

JNL/Harris Oakmark Global Equity Fund

Class A

Class I

0.30%

None

A-2

Funds

Class

Maximum

12b-1 Fee ¹

JNL/Heitman U.S. Focused Real Estate Fund

Class A

Class I

0.30%

None

JNL/Invesco Diversified Dividend Fund

Class A

Class I

0.30%

None

JNL/Invesco Global Growth Fund

Class A

Class I

0.30%

None

JNL/Invesco Small Cap Growth Fund

Class A

Class I

0.30%

None

JNL/JPMorgan Global Allocation Fund

Class A

Class I

0.30%

None

JNL/JPMorgan Hedged Equity Fund

Class A

Class I

0.30%

None

JNL/JPMorgan MidCap Growth Fund

Class A

Class I

0.30%

None

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

Class A

Class I

0.30%

None

JNL/JPMorgan U.S. Value Fund

Class A

Class I

0.30%

None

JNL/Lazard International Strategic Equity Fund

Class A

Class I

0.30%

None

JNL/Loomis Sayles Global Growth Fund

Class A

Class I

0.30%

None

JNL/Lord Abbett Short Duration Income Fund

Class A

Class I

0.30%

None

JNL/Mellon Bond Index Fund

Class A

Class I

0.30%

None

JNL/Mellon Communication Services Sector Fund

Class A

Class I

0.30%

None

JNL/Mellon Consumer Discretionary Sector Fund

Class A

Class I

0.30%

None

JNL/Mellon Consumer Staples Sector Fund

Class A

Class I

0.30%

None

JNL/Mellon Dow^SM Index Fund

Class A

Class I

0.30%

None

JNL/Mellon Emerging Markets Index Fund

Class A

Class I

0.30%

None

JNL/Mellon Energy Sector Fund

Class A

Class I

0.30%

None

JNL/Mellon Financial Sector Fund

Class A

Class I

0.30%

None

JNL/Mellon Healthcare Sector Fund

Class A

Class I

0.30%

None

JNL/Mellon Industrials Sector Fund

Class A

Class I

0.30%

None

JNL/Mellon Information Technology Sector Fund

Class A

Class I

0.30%

None

JNL/Mellon International Index Fund

Class A

Class I

0.30%

None

JNL/Mellon Materials Sector Fund

Class A

Class I

0.30%

None

JNL/Mellon Nasdaq^® 100 Index Fund

Class A

Class I

0.30%

None

JNL/Mellon Real Estate Sector Fund

Class A

Class I

0.30%

None

JNL/Mellon S&P 400 MidCap Index Fund

Class A

Class I

0.30%

None

JNL/Mellon S&P 500 Index Fund

Class A

Class I

0.30%

None

JNL S&P 500 Index Fund

Class A

Class I

0.30%

None

A-3

Funds

Class

Maximum

12b-1 Fee ¹

JNL/Mellon Small Cap Index Fund

Class A

Class I

0.30%

None

JNL/Mellon U.S. Stock Market Index Fund

Class A

Class I

0.30%

None

JNL/Mellon Utilities Sector Fund

Class A

Class I

0.30%

None

JNL/Mellon World Index Fund

Class A

Class I

0.30%

None

JNL/Morningstar PitchBook Listed Private Equity Index Fund

Class A

Class I

0.30%

None

JNL/Morningstar SMID Moat Focus Index Fund

Class A

Class I

0.30%

None

JNL/Morningstar U.S. Sustainability Index Fund

Class A

Class I

0.30%

None

JNL/Morningstar Wide Moat Index Fund

Class A

Class I

0.30%

None

JNL/MFS Mid Cap Value Fund

Class A

Class I

0.30%

None

JNL/Neuberger Berman Commodity Strategy Fund

Class A

Class I

0.30%

None

JNL/Neuberger Berman Gold Plus Strategy Fund

Class A

Class I

0.30%

None

JNL/Neuberger Berman Strategic Income Fund

Class A

Class I

0.30%

None

JNL/Newton Equity Income Fund

Class A

Class I

0.30%

None

JNL/PIMCO Income Fund

Class A

Class I

0.30%

None

JNL/PIMCO Investment Grade Credit Bond Fund

Class A

Class I

0.30%

None

JNL/PIMCO Real Return Fund

Class A

Class I

0.30%

None

JNL/PPM America Floating Rate Income Fund

Class A

Class I

0.30%

None

JNL/PPM America High Yield Bond Fund

Class A

Class I

0.30%

None

JNL/PPM America Investment Grade Credit Fund

Class A

Class I

0.30%

None

JNL/PPM America Total Return Fund

Class A

Class I

0.30%

None

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

Class A

Class I

0.30%

None

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

Class A

Class I

0.30%

None

JNL/T. Rowe Price Balanced Fund

Class A

Class I

0.30%

None

JNL/T. Rowe Price Capital Appreciation Fund

Class A

Class I

0.30%

None

JNL/T. Rowe Price Established Growth Fund

Class A

Class I

0.30%

None

JNL/T. Rowe Price Mid-Cap Growth Fund

Class A

Class I

0.30%

None

JNL/T. Rowe Price Short-Term Bond Fund

Class A

Class I

0.30%

None

JNL/T. Rowe Price U.S. High Yield Fund

Class A

Class I

0.30%

None

JNL/T. Rowe Price Value Fund

Class A

Class I

0.30%

None

JNL/Vanguard Growth ETF Allocation Fund

Class A

Class I

0.30%

None

A-4

Funds

Class

Maximum

12b-1 Fee ¹

JNL/Vanguard Moderate ETF Allocation Fund

Class A

Class I

0.30%

None

JNL/Vanguard Moderate Growth ETF Allocation Fund

Class A

Class I

0.30%

None

JNL/WCM China Quality Growth Fund

Class A

Class I

0.30%

None

JNL/WCM Focused International Equity Fund

Class A

Class I

0.30%

None

JNL/Westchester Capital Event Driven Fund

Class A

Class I

0.30%

None

JNL/Western Asset Global Multi-Sector Bond Fund

Class A

Class I

0.30%

None

JNL/William Blair International Leaders Fund

Class A

Class I

0.30%

None

JNL/WMC Balanced Fund

Class A

Class I

0.30%

None

JNL/WMC Equity Income Fund

Class A

Class I

0.30%

None

JNL/WMC Global Real Estate Fund

Class A

Class I

0.30%

None

JNL/WMC Government Money Market Fund

Class A

Class I

0.30%

None

JNL/WMC Value Fund

Class A

Class I

0.30%

None

¹As a percentage of the average daily net assets attributable to the specified class of shares.

A-5