AVBIX — VP Balanced Fund
Data updated: 2024-05-29
AVBIX — VP Balanced Fund. Balanced Allocation · $377.27M AUM · 0.77% expense ratio · 17.2% 1-yr return. Holdings, fees, performance and SEC filings.
AVBIX Fund Overview
AVBIX — VP Balanced Fund is a US mutual fund managed by American Century Variable Portfolios INC, categorised as Balanced Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: American Century Variable Portfolios INC
- Category: Balanced Allocation
- Assets under management: $377.27M
- 1-year return: 17.2%
- Ticker: AVBIX
- SEC CIK: 0000814680
- SEC series ID: S000006707
- Share class ID: C000018255
AVBIX Investment Objective and Strategy
VP Balanced Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by American Century Variable Portfolios INC.
Investment objective
The fund seeks long-term capital growth and current income by investing approximately 60% of its assets in equity securities and the remainder in bonds and other fixed-income securities.
Principal investment strategy
For the equity portion of the fund , the portfolio managers select stocks using quantitative management techniques in a two-step process. First, the managers rank stocks, primarily those of large (those with a market cap greater than $2 billion), publicly-traded U.S. companies from most attractive to least attractive based on an objective set of measures, including valuation, quality, growth and sentiment. Second, the portfolio managers use a quantitative model to build a portfolio of stocks from the ranking described above that they believe will provide the optimal balance between risk and expected return. The portfolio managers generally sell a stock when they believe it has become less attractive relative to other opportunities, its risk characteristics outweigh its return opportunity or specific events alter its prospects.
For the fixed-income portion of the fund, the portfolio managers invest in a diversified portfolio of high- and medium-grade non-money market debt securities. These securities, which may be payable in U.S. or foreign currencies, may include corporate bonds and notes, government securities, bank loans, securities backed by mortgages or other assets and collateralized debt obligations (including collateralized loan obligations). Shorter-term debt securities round out the portfolio.
AVBIX Holdings
Top 10 holdings of VP Balanced Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Microsoft Corp | 5.45% |
| NVIDIA Corp | 3.31% |
| Apple Inc | 2.54% |
| Alphabet Inc | 2.48% |
| U.s. Treasury | 2.37% |
| Amazon.com Inc | 2.07% |
| Meta Platforms Inc | 1.48% |
| State Street Institutional US Government Money Market Fund | 1.43% |
| Visa Inc | 1.08% |
| U.s. Treasury | 1.06% |
AVBIX Portfolio Allocation
Asset-class allocation of VP Balanced Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 62.0% |
| Fixed Income | 22.0% |
| Securitized | 16.2% |
| Cash & Equivalents | 1.6% |
AVBIX Performance
Total returns for AVBIX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 17.2% |
| 3 years (annualised) | 4.5% |
AVBIX Risk Information
Risk metrics for AVBIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 10.3%
AVBIX Costs and Fees
AVBIX costs about $77 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.77%
- Gross expense ratio: 0.90%
- Portfolio turnover: 92%
- Brokerage commissions: 0.79 bps of average net assets (SEC N-CEN)
AVBIX Cashflows
Over the 12 months to 2024-03, VP Balanced Fund had net outflows of $4.64M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-03 | $1.76M |
| 2024-02 | −$1.69M |
| 2024-01 | −$1.75M |
| 2023-12 | $2.03M |
| 2023-11 | −$1.15M |
| 2023-10 | −$4.44M |
AVBIX Debt Constituents
Largest debt holdings of VP Balanced Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| U.s. Treasury | 2.37% |
| U.s. Treasury | 1.06% |
| U.s. Treasury | 0.93% |
| U.s. Treasury | 0.74% |
| U.s. Treasury | 0.66% |
| U.s. Treasury | 0.60% |
| U.s. Treasury | 0.53% |
| U.s. Treasury | 0.52% |
| U.s. Treasury | 0.44% |
| U.s. Treasury | 0.34% |
AVBIX Prospectus and SEC Filings
Official VP Balanced Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-04-14
- Prospectus (485BPOS) — filed 2022-04-14
- Prospectus supplement (497) — filed 2023-07-31
- Portfolio holdings (N-PORT) — filed 2024-05-29
- Portfolio holdings (N-PORT) — filed 2024-02-28
- Portfolio holdings (N-PORT) — filed 2023-11-22
- Annual census (N-CEN) — filed 2024-03-08
- Annual census (N-CEN) — filed 2023-03-08
Related Funds
Other Balanced Allocation funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.