# EDGAR Filing Document

**Accession Number:** 0001121257
**File Stem:** 0000933691-26-000411
**Filing Date:** 2026-5
**Character Count:** 23302
**Document Hash:** 32b28782514b0c1a9be0aab082d5dc8d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000933691-26-000411.hdr.sgml**: 20260518

**ACCESSION NUMBER**: 0000933691-26-000411

**CONFORMED SUBMISSION TYPE**: 40-17G/A

**PUBLIC DOCUMENT COUNT**: 6

**FILED AS OF DATE**: 20260518

**DATE AS OF CHANGE**: 20260518

**EFFECTIVENESS DATE**: 20260518

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JNL SERIES TRUST
- **CENTRAL INDEX KEY:** 0000933691

**ORGANIZATION NAME:**
- **EIN:** 381659835
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 40-17G/A
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08894
- **FILM NUMBER:** 26991093

**BUSINESS ADDRESS:**
- **STREET 1:** 1 CORPORATE WAY
- **CITY:** LANSING
- **STATE:** MI
- **ZIP:** 48951
- **BUSINESS PHONE:** (517) 367-4336

**MAIL ADDRESS:**
- **STREET 1:** 1 CORPORATE WAY
- **CITY:** LANSING
- **STATE:** MI
- **ZIP:** 48951
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Jackson Credit Opportunities Fund
- **CENTRAL INDEX KEY:** 0001982467

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 40-17G/A
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23889
- **FILM NUMBER:** 26991095

**BUSINESS ADDRESS:**
- **STREET 1:** 1 CORPORATE WAY
- **CITY:** LANSING
- **STATE:** MI
- **ZIP:** 48951
- **BUSINESS PHONE:** 517-381-5500

**MAIL ADDRESS:**
- **STREET 1:** 1 CORPORATE WAY
- **CITY:** LANSING
- **STATE:** MI
- **ZIP:** 48951
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Jackson Real Assets Fund
- **CENTRAL INDEX KEY:** 0002003497

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** 40-17G/A
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23920
- **FILM NUMBER:** 26991094

**BUSINESS ADDRESS:**
- **STREET 1:** 1 CORPORATE WAY
- **CITY:** LANSING
- **STATE:** MI
- **ZIP:** 48951
- **BUSINESS PHONE:** 517-381-5500

**MAIL ADDRESS:**
- **STREET 1:** 1 CORPORATE WAY
- **CITY:** LANSING
- **STATE:** MI
- **ZIP:** 48951
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JNL INVESTORS SERIES TRUST
- **CENTRAL INDEX KEY:** 0001121257

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 40-17G/A
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-10041
- **FILM NUMBER:** 26991096

**BUSINESS ADDRESS:**
- **STREET 1:** 1 CORPORATE WAY
- **STREET 2:** ATTN: LEGAL DEPARTMENT
- **CITY:** LANSING
- **STATE:** MI
- **ZIP:** 48951
- **BUSINESS PHONE:** (517)381-5500

**MAIL ADDRESS:**
- **STREET 1:** 1 CORPORATE WAY
- **STREET 2:** 8N41
- **CITY:** LANSING
- **STATE:** MI
- **ZIP:** 48951

![](image_001.jpg)

1 Corporate Way

Lansing, MI 48951

517/381-5500

May 18, 2026

VIA EDGAR

Securities and Exchange Commission

450 Fifth Street, NW

Judiciary Plaza

Washington, DC 20549

---

| | |
|:---|:---|
| &nbsp;&nbsp;Re: | &nbsp;&nbsp;JNL Series Trust; File Nos. 33-87244 and 811-8894 |
|  | &nbsp;&nbsp;JNL Investors Series Trust; File Nos. 333-43300 and 811-10041 |
|  | &nbsp;&nbsp;Jackson Credit Opportunities Fund; File Nos. 333-273363 and 811-23889 |
|  | &nbsp;&nbsp;Jackson Real Assets Fund; File Nos: 333-276061 and 811-23920 |
|  | &nbsp;&nbsp;(Collectively, the "Assureds") |

---

Dear Sir/Madam:

&nbsp;&nbsp;Enclosed for filing pursuant to Rule 40-17g1 of the Investment Company Act of 1940, as amended, please find Exhibits 99.1 through 99.4, which meet the requirements of Rule 40-17g1(a) through (e), as follows:

(a) A copy of Riders 8, 9 and 10 to the Investment
Company Blanket Bond ("Fidelity Bond") reflecting fund changes to JNL Series Trust effective April 27, 2026 (Exhibit 99.1);

(b) A copy of the Officer's Certificate
 reflecting the approval of the resolution of a majority of Trustees of the Board of the Assureds who are not "interested
 persons" of the Trusts (Exhibit 99.2);

(c) A statement showing the amount of a single insured
 bond, which each Assured would have been required to provide and maintain had each Assured not been named as a joint insured under the
 Fidelity Bond (Exhibit 99.3);

(d) Premiums for the Fidelity Bond have been paid for
 the policy period; and

(e) A copy of the executed Joint Fidelity Bond Agreement between the Assureds in accordance with Rule 40-17g1(f) (Exhibit 99.4).

If there are any questions regarding this filing, please contact me at (517) 574-2089.

Sincerely yours,

/s/ Emily J. Bennett

**Emily J. Bennett**

Vic President & Assistant Secretary

Enclosures

## Ex-99

**Exhibit 99-1**

 **ICI MUTUAL INSURANCE COMPANY, a Risk Retention Group**

**INVESTMENT COMPANY BLANKET BOND**

**RIDER NO. 8**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**INSURED** |  | &nbsp;&nbsp;**BOND NUMBER** |
| &nbsp;&nbsp;**JNL Series Trust** |  | &nbsp;&nbsp;**05680126B**<br>|
| &nbsp;&nbsp;**EFFECTIVE DATE** | &nbsp;&nbsp;**BOND PERIOD** | &nbsp;&nbsp;**AUTHORIZED REPRESENTATIVE** |
| &nbsp;&nbsp;<br> **April 27, 2026** | &nbsp;&nbsp;<br> **January 1, 2026 to January 1, 2027** | &nbsp;&nbsp;<br> **/S/ Swenitha Nalli** |

---

In consideration of the premium charged for this Bond, it is hereby understood and agreed that Item 1 of the Declarations, Name of Insured, shall include the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o JNL/PPM America Emerging Markets Debt Fund ,
a series fund of:

JNL Series Trust

Except as above stated, nothing herein shall be held to alter, waive or extend any of the terms of this Bond.

**ICI MUTUAL INSURANCE COMPANY, a Risk Retention Group**

**INVESTMENT COMPANY BLANKET BOND**

**RIDER NO. 9**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**INSURED** |  | &nbsp;&nbsp;**BOND NUMBER** |
| &nbsp;&nbsp;**JNL Series Trust** |  | &nbsp;&nbsp;**05680126B**<br>|
| &nbsp;&nbsp;**EFFECTIVE DATE** | &nbsp;&nbsp;**BOND PERIOD** | &nbsp;&nbsp;**AUTHORIZED REPRESENTATIVE** |
| &nbsp;&nbsp;<br> **April 27, 2026** | &nbsp;&nbsp;<br> **January 1, 2026 to January 1, 2027** | &nbsp;&nbsp;<br> **/S/ Swenitha Nalli** |

---

In consideration of the premium charged for this Bond, it is hereby understood and agreed that the name of the Insured identified in Item 1 of the Declarations, Name of Insured, as

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o JNL/American Funds Global Small Capitalization Fund, a series fund of:

JNL Series Trust

is changed to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o JNL Multi-Manager Global Small Cap Fund, a series fund of:

JNL Series Trust

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o JNL/ClearBridge Large Cap Growth Fund, a series fund of:

JNL Series Trust

is changed to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o JNL/Fidelity Institutional AM® & JPMorgan Large
Cap Growth Fund, a series fund of:

JNL Series Trust

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o JNL/Fidelity Institutional Asset Management<sup>®</sup> Total
Bond Fund, a series fund of:

JNL Series Trust

is changed to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o JNL/Fidelity Institutional AM<sup>®</sup> Total
Bond Fund, a series fund of:

JNL Series Trust

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o JNL/Invesco Diversified Dividend Fund, a series fund of:

JNL Series Trust

is changed to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o JNL/MFS Equity Income Fund, a series fund of:

JNL Series Trust

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o JNL Multi-Manager U.S. Select Equity Fund, a series fund
of:

JNL Series Trust

is changed to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o JNL Multi-Manager Select Equity Fund, a series fund of:

JNL Series Trust

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o JNL/William Blair International Leaders Fund, a series
fund of:

JNL Series Trust

is changed to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o JNL Multi-Manager International Equity Fund, a series
fund of:

JNL Series Trust

Except as above stated, nothing herein shall be held to alter, waive or extend any of the terms of this Bond.

**ICI MUTUAL INSURANCE COMPANY, a Risk Retention Group**

**INVESTMENT COMPANY BLANKET BOND**

**RIDER NO. 10**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**INSURED** |  | &nbsp;&nbsp;**BOND NUMBER** |
| &nbsp;&nbsp;**JNL Series Trust** |  | &nbsp;&nbsp;**05680126B**<br>|
| &nbsp;&nbsp;**EFFECTIVE DATE** | &nbsp;&nbsp;**BOND PERIOD** | &nbsp;&nbsp;**AUTHORIZED REPRESENTATIVE** |
| &nbsp;&nbsp;<br> **April 27, 2026** | &nbsp;&nbsp;<br> **January 1, 2026 to January 1, 2027** | &nbsp;&nbsp;<br> **/S/ Swenitha Nalli** |

---

In consideration of the premium charged for this Bond, and notwithstanding Item 1 of the Declarations, Name of Insured, or any other Rider to this Bond, it is hereby understood and agreed that the following shall not be Insureds under this Bond:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o JNL/AB Sustainable Global Thematic Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o JNL/American Funds Capital World Bond Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o JNL/AQR Large Cap Defensive Style Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o JNL/Invesco Global Growth Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o JNL/JPMorgan Global Allocation Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o JNL/Lazard International Quality Growth Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o JNL/Morningstar PitchBook Listed Private Equity Index Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o JNL/T. Rowe Price Balanced Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o JNL/T. Rowe Price U.S. High Yield Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o JNL/WCM China Quality Growth Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o JNL/WMC Global Real Estate Fund, each a series fund of:

JNL Series Trust

Except as above stated, nothing herein shall be held to alter, waive or extend any of the terms of this Bond.

## Ex-99

**Exhibit 99-2**

**Officer's Certification**

**JNL Series Trust**

**JNL Investors Series Trust**

**Jackson Credit Opportunities Fund**

**Jackson Real Assets Fund**

The undersigned, being a duly elected, qualified and acting Assistant Secretary of JNL Series Trust, a Massachusetts business trust; JNL Investors Series Trust, a Massachusetts business trust; and Jackson Credit Opportunities Fund, a Massachusetts business trust, and Jackson Real Assets Fund, a Massachusetts business trust, hereby certifies that the below is a full, true and correct copy of resolutions duly adopted by the Consolidated Board of Trustees of JNL Series Trust, JNL Investors Series Trust, Jackson Credit Opportunities Fund, and Jackson Real Assets Fund on the 22nd day of October, 2025; and that such resolutions have not been altered or repealed and remain in full force and effect as of the date hereof.

**Whereas**, JNL Series Trust and JNL Investors Series Trust are registered with the U.S. Securities and Exchange Commission (the "SEC") in accord with the provisions of the Investment Company Act of 1940, as amended (the "1940 Act"), each as an open-end management investment company, and each has established several separate series of shares (the "funds"), with each fund having its own assets and investment policies; and Jackson Credit Opportunities Fund and Jackson Real Assets Fund are registered with the SEC in accord with the provisions of the 1940 Act, each as a non-diversified, closed-end management investment company (JNL Series Trust, JNL Investors Series Trust, Jackson Credit Opportunities Fund, and Jackson Real Assets Fund, each a "Trust," and collectively, the "Trusts").

**Whereas**, the Boards of Trustees of the Trusts (collectively, the "Board") has previously approved a joint fidelity bond, under circumstances where Jackson National Asset Management, LLC ("JNAM") pays the premium for such fidelity bond and, therefore, the Board need not consider: (i) the amount of the premium for such bond; (ii) the ratable allocation of the premium among all insured parties; and (iii) the extent to which the share of the premium allocated to each party, including the Trusts, is less than the premium each party would have had to pay if it had provided and maintained a single insured bond.

**Whereas**, JNAM is recommending that the joint fidelity bond be renewed, for the period from January 1, 2026 – January 1, 2027 (the "Renewal Period") in the aggregate amount of seven million dollars ($7,000,000).

**Whereas**, the Board has given due consideration to the requirements of Section 17(g) of the 1940 Act, and Rule 17g-1 promulgated thereunder by the SEC, pertaining to joint fidelity bond coverage.

**Now Therefore**, be it

**Resolved**, that pursuant to the requirements of Section 17(g) of the 1940 Act, and Rule 17g-1 promulgated thereunder, and after having given due consideration to said requirements, including but not limited to the following: (i) the aggregate value of the assets held by the funds of the Trusts to which each officer or employee of the Trusts may, singly or jointly with others, have access, either directly or through authority to draw upon such assets or direct generally the disposition of such assets; (ii) the type and terms of the arrangements made for the custody and safekeeping of the assets of the Trusts; (iii) the nature of the securities in the investment

portfolios of the funds of the Trusts; (iv) the nature and method of conducting the operations of the Trusts; and (v) the accounting procedures and contracts of the Trusts, the Board, including a majority of the Trustees who are not interested persons of the Trusts, hereby determines that the amount of fidelity bond coverage of seven million dollars ($7,000,000), computed in accordance with the Schedule outlined under Rule 17g-1(d)(1), is reasonable and adequate coverage to protect the Trusts against larceny or embezzlement by any one or more of such officers and/or employees; and be it

**Further Resolved**, that the Board, including a majority of the Trustees who are not interested persons of the Trusts, approves the amount, type, form and coverage of the joint fidelity bond (hereinafter in this and the succeeding resolution called the "Bond"), naming as insured parties the Trusts, for the Renewal Period, in the aggregate amount of seven million dollars ($7,000,000), it being understood that the disposition of the recovery received under the Bond in the event of losses to one or more of such insured parties shall be governed by an agreement among one or more of such insured parties complying with Paragraph (f) of Rule 17g-1 under the 1940 Act under which the Trusts will have a primary claim of not less than seven million dollars ($7,000,000) of the aforesaid aggregate amount of the Bond; and be it

**Further Resolved**, that the proper officers of the Trusts be, and they hereby are, authorized and directed to execute and deliver an agreement relating to the Bond covering the Trusts providing for the disposition of recoveries received under the Bond and the manner of allocation of premium for the Bond in compliance with Paragraph (f) of Rule 17g-1 under the 1940 Act, in such form as such officers shall, with the advice of counsel, deem appropriate to carry out the objective of the Board, any such determination to be conclusively evidenced by such execution and delivery; and be it

**Further Resolved**, that, in accordance with Rule 17g-1 under the 1940 Act, the officers of the Trusts are hereby directed to make the filings and give the notices as may be required by paragraph (g) of that Rule; and be it

**Further Resolved**, that, that the Board, including a majority of Independent Trustees hereby approves the renewal of the joint fidelity bond coverage, as outlined above and in the information provided to the Board.

---

| | |
|:---|:---|
| &nbsp;&nbsp;Date: May 18, 2026 |  |
|  | &nbsp;&nbsp;/s/ Kristen K. Leeman |
|  | &nbsp;&nbsp;Kristen K. Leeman, Assistant Secretary |

---

## Ex-99

**Exhibit 99-3**

---

| | | | |
|:---|:---|:---|:---|
|  | **Jackson Fund Services** |  |  |
|  | *Fidelity Bond Coverage Requirements* |  |  |
|  | Determination Date: 4-30-2026 |  |  |
|  |  | **Total Assets (as of 4-30-2026)** | **Minimum Amount of Bond Required for Joint Coverage** |
|  | JNL Series Trust | $259696957611 | $2500000**<sup>1</sup>** |
|  | JNL Investors Series Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3755624700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2300000 |
|  | Jackson Credit Opportunities Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;585281104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900000 |
|  | Jackson Real Assets Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;373637779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750000 |
|  | Extra coverage |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550000 |
|  |  | **Total** | $7000000 |
|  | **Bond Coverage** | **Bond Coverage** | $7000000**<sup>2</sup>** |
| **<sup>1</sup>** | Maximum coverage required. |  |  |
| **<sup>2</sup>** | ICI Mutual Insurance Company coverage expires January 1, 2027. | ICI Mutual Insurance Company coverage expires January 1, 2027. | ICI Mutual Insurance Company coverage expires January 1, 2027. |

---

## Ex-99

**Ex. 99-4**

**Joint Fidelity Bond Agreement**

This Agreement is made as of the close of business the 29<sup>th</sup> day of February, 2024, by and among JNL Series Trust, JNL Investors Series Trust (each, a "Trust" and together, the "Trusts"), Jackson Credit Opportunities Fund, and Jackson Real Assets Fund (together with the Trusts, the "Funds"), each of which are named insureds on a certain fidelity bond policy covering certain acts relating to the Funds ("Joint Fidelity Bond"); and supersedes any and all previous agreements.

**Whereas,** the Trusts are registered under the Investment Company Act of 1940, as amended ("1940 Act"), each as an open-end management investment company; and

**Whereas,** Jackson Credit Opportunities Fund and Jackson Real Assets Fund are registered under the 1940 Act, each as a closed-end management company, each operating as an interval fund; and

**Whereas,** Rule 17g-1(f) under the 1940 Act requires that a registered management investment company named as an insured on a joint fidelity bond enter into an agreement with the other named insureds; and

**Whereas,** the series of each Trust, Jackson Credit Opportunities Fund, and Jackson Real Asset Fund will benefit from their respective participation in the Joint Fidelity Bond, in compliance with this Rule.

**Now Therefore,** it is agreed as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. In the event any recovery under the Joint Fidelity Bond is received as a result of a loss sustained by any series of the Trusts and/or Jackson Credit Opportunities Fund and/or Jackson Real Assets Fund, (which includes the trustees, directors, officers and other employees of an insured), then such series and/or Jackson Credit Opportunities Fund and/or Jackson Real Assets Fund sustaining such loss shall receive an equitable and proportionate share of the recovery, said proportion to be established by the ratio that its claim bears to the total amount claimed by all participants, but at least equal to the amount which each such series, Jackson Credit Opportunities Fund, or Jackson Real Assets Fund would have received had the relevant series or Jackson Credit Opportunities Fund or Jackson Real Assets Fund purchased and maintained a single insured bond with the minimum coverage required by Rule 17g-1(d)(1) under the 1940 Act.

If for any particular policy year, after the initial allocation there are remaining proceeds of the bond and there are then named insureds whose losses have not been paid in full, the remainder of the bond shall be further allocated to named insureds having excess losses in proportion to their initial coverage, with such allocation repeated until all such losses have been paid or coverage of the bond has been exhausted.

If all losses relating to a particular policy year are not paid at the same time, the named insureds who claim losses for that policy year shall make such provisions as they deem suitable to the particular circumstances (taking into account the size of any payment received, the size, nature and expected result of any remaining claims, and all other relevant factors) to permit a later reallocation of amounts first paid.

If only one named insured incurs a loss in a policy year, the proceeds of the bond for that policy year are allocated to that insured.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. The bond premium shall be paid by Jackson National Asset Management, LLC, Investment Adviser and Administrator to the Funds.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. This agreement may be modified or amended from time to time by written agreement of all named insureds or by not less than sixty days written notice by one insured to each other insured. This agreement shall terminate as to any insured as of the date that insured ceases to be an assured under the bond; provided that such termination shall not affect the rights and obligations that have attached under this agreement to a terminating party until such termination becomes effective.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Each insured agrees to promptly give to the insurer all notices required of it under the bond and to send a copy of each such notice to each other insured.

---

| |
|:---|
| &nbsp;&nbsp; **JNL Series Trust**<br> **JNL Investors Series Trust**<br> **Jackson Credit Opportunities Fund**<br> **Jackson Real Assets Fund** |
| &nbsp;&nbsp; <br>By: /s/ Kristen K. Leeman<br> Kristen K. Leeman, Assistant Secretary |

---