Amendment to JNL Investors Series Trust Second Amended and Restated Distribution Agreement

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

Amendment to JNL Investors Series Trust

Second Amended and Restated Distribution Agreement

This Amendment is made by and between JNL Investors Series Trust, a Massachusetts business trust (the “Trust”), and Xxxxxxx 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”), as set forth on Schedule A of the Agreement.

Whereas, the Board of Trustees of the Trust (the “Board”) approved the dissolution of the JNL/PPM America Low Duration Bond Fund, effective December 3, 2020.

Whereas, pursuant to Board approval of the dissolution of the JNL/PPM America Low Duration Bond Fund, the Parties have agreed to amend the Agreement, effective December 3, 2020, to remove the JNL/PPM America Low Duration Bond Fund and its fees from Schedule A.

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

1) Schedule A to the Agreement is hereby deleted and replaced in its entirety with Schedule A dated December 3, 2020, attached hereto.

2) 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.

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

In Witness Whereof, the Parties have caused this Amendment to be executed, effective December 3, 2020.

Attest:			JNL Investors Series Trust
By:	/s/ Xxxxx X. Xxxxxx		By:	/s/ Xxxxxxx X. Xxxxxx
	Xxxxx X. Xxxxxx		Name:	Xxxxxxx X. Xxxxxx
			Title:	Assistant Secretary
Attest:			Xxxxxxx National Life Distributors LLC
By:	/s/Xxxxxxxx Xxxxxxx		By:	/s/ Xxxxxx Xxxx
	Xxxxxxxx Xxxxxxx		Name:	Xxxxxx Xxxx
			Title:	EVP, Operations

Schedule A

Dated December 3, 2020

Fund	Class	Maximum 12b-1 Fee1
JNL Government Money Market Fund	Institutional Class	None
JNL Securities Lending Collateral Fund	Institutional Class	None

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

A-1