Amendment to JNL Series Trust Second Amended and Restated Distribution Agreement

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

Second Amended and Restated Distribution Agreement

This Amendment is made by and between JNL Series Trust, a Massachusetts business trust (the “Trust”), and ▇▇▇▇▇▇▇ 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 Second Amended and Restated Distribution Agreement effective as of July 1, 2017, 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 (the “Board”) has approved new Funds, a Fund merger, and Fund name changes for certain funds, as outlined below, effective June 24, 2019 (collectively, the “Fund Changes”):

New Funds

JNL/AQR Large Cap Defensive Style Fund;

JNL/BlackRock Advantage International Fund;

JNL/DFA International Core Equity Fund;

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

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

Fund Merger

JNL/Mellon Capital 10 x 10 Fund to merge into the JNL/Mellon Capital Index 5 Fund.

Fund Name Changes

JNL/AB Dynamic Asset Allocation Fund change to JNL/JPMorgan Global Allocation Fund (in connection with an investment sub-adviser replacement, as approved by the Board);

JNL/Franklin ▇▇▇▇▇▇▇▇▇ Founding Strategy Fund change to JNL/Franklin ▇▇▇▇▇▇▇▇▇ Growth Allocation Fund (in connection with an investment sub-adviser appointment, as approved by the Board);

JNL/▇▇▇▇▇▇▇ Sachs Core Plus Bond Fund change to JNL/Fidelity Institutional Asset Management^® Total Bond Fund (in connection with an investment sub-adviser replacement, as approved by the Board);

JNL/Mellon Capital European 30 Fund change to JNL/RAFI^® Fundamental Europe Fund;

JNL/Mellon Capital Pacific Rim 30 Fund change to JNL/RAFI^® Fundamental Asia Developed Fund;

JNL/Mellon Capital Index 5 Fund change to JNL/Mellon Index 5 Fund;

JNL/Mellon Capital Bond Index Fund change to JNL/Mellon Bond Index Fund;

JNL/Mellon Capital Emerging Markets Index Fund change to JNL/Mellon Emerging Markets Index Fund;

JNL/Mellon Capital MSCI KLD 400 Social Index Fund change to JNL/Mellon MSCI KLD 400 Social Index Fund;

10)

JNL/Mellon Capital International Index Fund change to JNL/Mellon International Index Fund;

11)

JNL/Mellon Capital S&P 500 Index Fund change to JNL/Mellon S&P 500 Index Fund;

12)

JNL/Mellon Capital S&P 400 MidCap Index Fund change to JNL/Mellon S&P 400 MidCap Index Fund;

13)

JNL/Mellon Capital Small Cap Index Fund change to JNL/Mellon Small Cap Index Fund;

14)

JNL/Mellon Capital Utilities Sector Fund change to JNL/Mellon Utilities Sector Fund;

15)

JNL/Mellon Capital S&P 1500 Growth Index Fund change to JNL/Mellon S&P 1500 Growth Index Fund;

16)

JNL/Mellon Capital S&P 1500 Value Index Fund change to JNL/Mellon S&P 1500 Value Index Fund;

17)

JNL/Mellon Capital Consumer Staples Sector Fund change to JNL/Mellon Consumer Staples Sector Fund;

18)

JNL/Mellon Capital Materials Sector Fund change to JNL/Mellon Materials Sector Fund;

19)

JNL/Mellon Capital Industrials Sector Fund change to JNL/Mellon Industrials Sector Fund; and

20)

JNL/Mellon Capital Real Estate Sector Fund change to JNL/Mellon Real Estate Sector Fund.

Whereas, pursuant to Board approval of the Fund Changes, as outlined above, the Parties have agreed to amend Schedule A of the Agreement, effective June 24, 2019, to update the list of Funds to add the new Funds, to remove the merged Fund, and to update the Fund names.

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 June 24, 2019, 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 June 24, 2019.

Attest:		JNL Series Trust

By:	/s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇	By:	/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
	▇▇▇▇▇ ▇. ▇▇▇▇▇▇	Name:	▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
		Title:	Assistant Secretary

Attest:		▇▇▇▇▇▇▇ National Life Distributors LLC

By:	/s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇	By:	/s/ ▇▇▇▇▇▇ ▇▇▇▇
	▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇	Name:	▇▇▇▇▇▇ ▇▇▇▇
		Title:	EVP JNLD Operations

- 2 -

Schedule A

Dated June 24, 2019

Fund

Class

Maximum

12b-1 Fee¹

JNL/American Funds Balanced Fund

Class A

Class I

0.30%

None

JNL/American Funds Blue Chip Income and Growth 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 Global Bond 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-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 Aggressive Growth Allocation Fund

Class A

Class I

0.30%

None

JNL Growth Allocation Fund

Class A

Class I

0.30%

None

JNL Moderate Growth Allocation Fund

Class A

Class I

0.30%

None

JNL Institutional Alt 25 Fund

Class A

Class I

0.30%

None

JNL Institutional Alt 50 Fund

Class A

Class I

0.30%

None

JNL Multi-Manager Alternative 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

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/AQR Large Cap Relaxed Constraint Equity Fund

Class A

Class I

0.30%

None

JNL/AQR Managed Futures Strategy Fund

Class A

Class I

0.30%

None

JNL/BlackRock Advantage International Fund

Class A

Class I

0.30%

None

A-1

Fund

Class

Maximum

12b-1 Fee¹

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/Boston Partners Global Long Short Equity 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/Crescent High Income Fund

Class A

Class I

0.30%

None

JNL/DFA Growth Allocation Fund

Class A

Class I

0.30%

None

JNL/DFA Moderate Growth Allocation 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/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/Fidelity Institutional Asset Management^® Total Bond Fund

Class A

Class I

0.30%

None

JNL/First State Global Infrastructure Fund

Class A

Class I

0.30%

None

JNL/FPA + DoubleLine^® Flexible Allocation Fund

Class A

Class I

0.30%

None

JNL/Franklin ▇▇▇▇▇▇▇▇▇ Growth Allocation Fund

Class A

Class I

0.30%

None

JNL/Franklin ▇▇▇▇▇▇▇▇▇ Global Fund

Class A

Class I

0.30%

None

JNL/Franklin ▇▇▇▇▇▇▇▇▇ Global Multisector Bond Fund

Class A

Class I

0.30%

None

JNL/Franklin ▇▇▇▇▇▇▇▇▇ Income Fund

Class A

Class I

0.30%

None

JNL/Franklin ▇▇▇▇▇▇▇▇▇ International Small Cap Fund

Class A

Class I

0.30%

None

JNL/Franklin ▇▇▇▇▇▇▇▇▇ Mutual Shares Fund

Class A

Class I

0.30%

None

JNL/▇▇▇▇▇▇▇ Sachs Emerging Markets Debt Fund

Class A

Class I

0.30%

None

JNL/GQG Emerging Markets Equity Fund

Class A

Class I

0.30%

None

JNL/▇▇▇▇▇▇ Oakmark Global Equity Fund

Class A

Class I

0.30%

None

A-2

Fund

Class

Maximum

12b-1 Fee¹

JNL/▇▇▇▇▇▇▇ U.S. Focused Real Estate Fund

Class A

Class I

0.30%

None

JNL/Invesco China-India Fund

Class A

Class I

0.30%

None

JNL/Invesco Diversified Dividend Fund;

Class A

Class I

0.30%

None

JNL/Invesco Global Real Estate Fund

Class A

Class I

0.30%

None

JNL/Invesco International 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/Lazard Emerging Markets Fund

Class A

Class I

0.30%

None

JNL/▇▇▇▇▇▇ ▇▇▇▇▇▇ Global Growth Fund

Class A

Class I

0.30%

None

JNL/Mellon Bond Index Fund

Class A

Class I

0.30%

None

JNL/Mellon Consumer Staples Sector Fund

Class A

Class I

0.30%

None

JNL/Mellon Emerging Markets Index Fund

Class A

Class I

0.30%

None

JNL/Mellon Index 5 Fund

Class A

Class I

0.30%

None

JNL/Mellon Industrials 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 MSCI KLD 400 Social 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 I

None

JNL/Mellon S&P 1500 Growth Index Fund

Class A

Class I

0.30%

None

JNL/Mellon S&P 1500 Value Index Fund

Class A

Class I

0.30%

None

A-3

Fund

Class

Maximum

12b-1 Fee¹

JNL/Mellon Small Cap Index Fund

Class A

Class I

0.30%

None

JNL/Mellon Utilities Sector 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/▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Strategic Income Fund

Class A

Class I

0.30%

None

JNL/▇▇▇▇▇▇▇▇▇▇▇ Emerging Markets Innovator Fund

Class A

Class I

0.30%

None

JNL/▇▇▇▇▇▇▇▇▇▇▇ Global Growth Fund

Class A

Class I

0.30%

None

JNL/PIMCO Income 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 Mid Cap Value Fund

Class A

Class I

0.30%

None

JNL/PPM America Small Cap Value Fund

Class A

Class I

0.30%

None

JNL/PPM America Total Return Fund

Class A

Class I

0.30%

None

JNL/PPM America Value Equity Fund

Class A

Class I

0.30%

None

JNL/RAFI^® Fundamental Asia Developed Fund

Class A

Class I

0.30%

None

JNL/RAFI^® Fundamental Europe 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/Scout Unconstrained Bond Fund

Class A

Class I

0.30%

None

JNL/▇. ▇▇▇▇ Price Established Growth Fund

Class A

Class I

0.30%

None

JNL/▇. ▇▇▇▇ Price Managed Volatility Balanced Fund

Class A

Class I

0.30%

None

JNL/▇. ▇▇▇▇ Price Mid-Cap Growth Fund

Class A

Class I

0.30%

None

JNL/▇. ▇▇▇▇ Price Short-Term Bond Fund

Class A

Class I

0.30%

None

JNL/▇. ▇▇▇▇ Price Value Fund

Class A

Class I

0.30%

None

JNL/Westchester Capital Event Driven Fund

Class A

Class I

0.30%

None

A-4

Fund

Class

Maximum

12b-1 Fee¹

JNL/WMC Balanced 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

JNL/S&P 4 Fund

Class A

Class I

0.30%

None

JNL/S&P Competitive Advantage Fund

Class A

Class I

0.30%

None

JNL/S&P Dividend Income & Growth Fund

Class A

Class I

0.30%

None

JNL/S&P International 5 Fund

Class A

Class I

0.30%

None

JNL/S&P Intrinsic Value Fund

Class A

Class I

0.30%

None

JNL/S&P Managed Aggressive Growth Fund

Class A

Class I

0.30%

None

JNL/S&P Managed Conservative Fund

Class A

Class I

0.30%

None

JNL/S&P Managed Growth Fund

Class A

Class I

0.30%

None

JNL/S&P Managed Moderate Fund

Class A

Class I

0.30%

None

JNL/S&P Managed Moderate Growth Fund

Class A

Class I

0.30%

None

JNL/S&P Mid 3 Fund

Class A

Class I

0.30%

None

JNL/S&P Total Yield Fund

Class A

Class I

0.30%

None

JNL/Vanguard Capital Growth Fund

Class A

Class I

0.30%

None

JNL/Vanguard Equity Income Fund

Class A

Class I

0.30%

None

JNL/Vanguard Global Bond Market Index Fund

Class A

Class I

0.30%

None

JNL/Vanguard Growth ETF Allocation Fund

Class A

Class I

0.30%

None

JNL/Vanguard International Fund

Class A

Class I

0.30%

None

JNL/Vanguard International Stock Market Index Fund

Class A

Class I

0.30%

None

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/Vanguard Small Company Growth Fund

Class A

Class I

0.30%

None

JNL/Vanguard U.S. Stock Market Index Fund

Class A

Class I

0.30%

None

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

A-5

Amendment to JNL Series Trust Second Amended and Restated Distribution Agreement

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