AVPGX — VP Income & Growth Fund
Data updated: 2024-05-29
AVPGX — VP Income & Growth Fund. United States Large Cap Blend / Core Equity · $354.08M AUM. Holdings, fees, performance and SEC filings.
AVPGX Fund Overview
AVPGX — VP Income & Growth Fund is a US mutual fund managed by American Century Variable Portfolios INC, categorised as United States Large Cap Blend / Core Equity. 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: United States Large Cap Blend / Core Equity
- Assets under management: $354.08M
- 1-year return: 21.3%
- Ticker: AVPGX
- SEC CIK: 0000814680
- SEC series ID: S000006713
- Share class ID: C000018265
AVPGX Investment Objective and Strategy
VP Income & Growth 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 capital growth by investing in common stocks.
Principal investment strategy
In selecting stocks for the fund, the portfolio managers use quantitative management techniques in a two-step process. First, the managers rank stocks, primarily large capitalization, publicly-traded U.S. companies with a market capitalization greater than $2 billion, from most attractive to least attractive based on an objective set of measures, including valuation, quality, growth and sentiment (with a tilt towards valuation). 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 also attempt to create a dividend yield that will be greater than that of the S&P 500 Index. 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.
AVPGX Holdings
Top 10 holdings of VP Income & Growth Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| JPMorgan Chase & Co | 4.08% |
| Berkshire Hathaway Inc | 2.31% |
| Exxon Mobil Corp | 2.21% |
| Cummins Inc | 1.71% |
| Johnson & Johnson | 1.71% |
| American Express Co | 1.68% |
| Marathon Petroleum Corp | 1.63% |
| Colgate-Palmolive Co | 1.60% |
| US Bancorp | 1.51% |
| Caterpillar Inc | 1.47% |
AVPGX Portfolio Allocation
Asset-class allocation of VP Income & Growth Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.2% |
| Cash & Equivalents | 0.6% |
AVPGX Performance
Total returns for AVPGX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 21.3% |
| 3 years (annualised) | 4.9% |
AVPGX Risk Information
Risk metrics for AVPGX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 14.0%
AVPGX Costs and Fees
AVPGX costs about $96 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.96%
- Gross expense ratio: 0.96%
- Portfolio turnover: 217%
- Brokerage commissions: 3.57 bps of average net assets (SEC N-CEN)
AVPGX Cashflows
Over the 12 months to 2024-03, VP Income & Growth Fund had net outflows of $55.42M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-03 | −$2.53M |
| 2024-02 | −$3.71M |
| 2024-01 | −$3.55M |
| 2023-12 | −$4.03M |
| 2023-11 | −$2.18M |
| 2023-10 | −$3.56M |
AVPGX Debt Constituents
No individual debt constituents are reported in VP Income & Growth Fund's latest SEC N-PORT filing.
AVPGX Prospectus and SEC Filings
Official VP Income & Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-04-14
- Prospectus (485BPOS) — filed 2022-04-14
- Prospectus (485BPOS) — filed 2021-04-13
- 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 United States Large Cap Blend / Core Equity 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.