AWREX — VP Growth Fund
Data updated: 2024-03-08
AWREX — VP Growth Fund. United States Large Cap Growth Equity · $5.46M AUM · 0.91% expense ratio. Holdings, fees, performance and SEC filings.
AWREX Fund Overview
AWREX — VP Growth Fund is a US mutual fund managed by American Century Variable Portfolios INC, categorised as United States Large Cap Growth 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 Growth Equity
- Assets under management: $5.46M
- 1-year return: 43.1%
- Ticker: AWREX
- SEC CIK: 0000814680
- SEC series ID: S000006712
- Share class ID: C000099132
AWREX Investment Objective and Strategy
VP 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 long-term capital growth.
Principal investment strategy
The portfolio managers look for stocks of companies they believe will increase in value over time. In implementing this strategy, the portfolio managers make their investment decisions based primarily on their analysis of individual companies, rather than on broad economic forecasts. Management of the fund is based on the belief that, over the long term, stock price movements follow growth in earnings, revenues and/or cash flow. The portfolio managers use a variety of analytical research tools and techniques to identify the stocks of larger-sized companies that meet their investment criteria. Under normal market conditions, the funds portfolio will primarily consist of securities of companies demonstrating business improvement. Analytical indicators helping to identify signs of business improvement could include accelerating earnings or revenue growth rates, increasing cash flows, or other indications of the relative strength of a companys business.
These techniques help the portfolio managers buy or hold the stocks of companies they believe have favorable growth prospects and sell the stocks of companies whose characteristics no longer meet their criteria. Although the portfolio managers intend to invest the funds assets primarily in U.S. securities, the fund may invest in securities of foreign companies when these securities meet the portfolio managers standards of selection. The fund may write covered calls on a portion of the funds holdings in common stock when the portfolio managers believe call premiums are attractive relative to the price of the underlying security.
AWREX Holdings
Top 10 holdings of VP Growth Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Microsoft Corp | 13.72% |
| Apple Inc | 10.10% |
| Alphabet Inc | 7.43% |
| Amazon.com Inc | 5.41% |
| NVIDIA Corp | 4.97% |
| Visa Inc | 4.30% |
| Meta Platforms Inc | 3.58% |
| Tesla Inc | 2.30% |
| Eli Lilly & Co | 2.24% |
| AbbVie Inc | 2.07% |
AWREX Portfolio Allocation
Asset-class allocation of VP Growth Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.9% |
| Cash & Equivalents | 0.3% |
AWREX Performance
Total returns for AWREX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 43.1% |
| 3 years (annualised) | 7.7% |
AWREX Risk Information
Risk metrics for AWREX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 16.5%
AWREX Costs and Fees
AWREX costs about $91 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.91%
- Gross expense ratio: 1.07%
- Portfolio turnover: 48%
- Brokerage commissions: 0.80 bps of average net assets (SEC N-CEN)
AWREX Cashflows
Over the 12 months to 2023-12, VP Growth Fund had net outflows of $1.36M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-12 | −$133.57K |
| 2023-11 | −$187.73K |
| 2023-10 | −$144.97K |
| 2023-09 | −$28.31K |
| 2023-08 | −$98.84K |
| 2023-07 | −$118.67K |
AWREX Debt Constituents
No individual debt constituents are reported in VP Growth Fund's latest SEC N-PORT filing.
AWREX Prospectus and SEC Filings
Official VP Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-04-14
- Prospectus supplement (497) — filed 2023-07-31
- Prospectus supplement (497) — filed 2022-07-29
- Portfolio holdings (N-PORT) — filed 2024-02-28
- Portfolio holdings (N-PORT) — filed 2023-11-22
- Portfolio holdings (N-PORT) — filed 2023-08-25
- Annual census (N-CEN) — filed 2024-03-08
- Annual census (N-CEN) — filed 2023-03-08
Related Funds
Other United States Large Cap Growth 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.