Invesco V.I. Technology Fund
Data updated: 2026-08-25
C000000439 — Invesco V.I. Technology Fund. United States Large Cap Growth Information Technology Equity. Holdings, fees, performance and SEC filings.
C000000439 Fund Overview
Invesco V.I. Technology Fund is a US mutual fund managed by AIM Variable Insurance Funds (Invesco Variable Insurance Funds), categorised as United States Large Cap Growth Information Technology Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: AIM Variable Insurance Funds (Invesco Variable Insurance Funds)
- Category: United States Large Cap Growth Information Technology Equity
- Assets under management: $347.46M
- 1-year return: 64.4%
- SEC CIK: 0000896435
- SEC series ID: S000000196
- Share class ID: C000000439
C000000439 Investment Objective and Strategy
Invesco V.I. Technology Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by AIM Variable Insurance Funds (Invesco Variable Insurance Funds).
Investment objective
The Funds investment objective is long-term growth of capital.
Principal investment strategy
The Fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of issuers engaged in technology-related industries, and in derivatives and other instruments that have economic characteristics similar to such securities. The Fund invests primarily in equity securities. The principal type of equity security in which the Fund invests is common stock. The Fund will concentrate its investments in the securities of issuers engaged primarily in technology-related industries. The Fund considers an issuer to be doing business in technology-related industries if it meets at least one of the following tests: (1) at least 50% of its gross income or its net sales come from activities in technology-related industries; (2) at least 50% of its total assets are devoted to producing revenues in technology-related industries; or (3) based on other available information, the Funds portfolio managers determine that its primary business is within technology-related industries.
Such other available information may include industry classifications from any one or more third-party providers, such as those using the Global Industry Classification Standard (GICS ), the North American Industry Classification System (NAICS) or the Bloomberg Industry Classification System (BICS). Issuers in technology-related industries include, but are not limited to, those involved in the design, manufacture, distribution, licensing, or provision of various applied technologies, hardware, software, semiconductors, telecommunications equipment and telecommunications/media distribution services, medical technology, biotechnology, as well as service-related companies in the information technology industry. The Fund invests primarily in securities that are considered by the Funds portfolio managers to have potential for earnings or revenue growth.
While the portfolio managers may invest in securities of issuers of any market capitalization, the portfolio managers tend to favor the securities of mid- and large-capitalization issuers. The Fund may invest up to 50% of its net assets in securities of foreign issuers, which may include securities of issuers located in emerging market countries, i.e., those that are generally in the early stages of their industrial cycles. The Fund may invest in depositary receipts or local shares to gain exposure to foreign companies. The Fund may invest in illiquid or thinly traded securities, such as private equity investments. The Fund may also invest in securities that are subject to resale restrictions such as those contained in Rule 144A promulgated under the Securities Act of 1933, as amended. The Fund can invest in derivative instruments including options and futures contracts.
The Fund can use options, including call options, for hedging and investment purposes. The Fund can use futures contracts, including index futures, to gain exposure to the broad market by equitizing cash and to seek to hedge against downside risk. The Fund is non-diversified, which means it can invest a greater percentage of its assets in a small group of issuers or any one issuer than a diversified fund can. In selecting investments for the Fund, the portfolio managers look for companies using a bottom-up stock selection process. The bottom-up approach focuses on fundamental analysis of individual issuers before considering the impact of overall economic, market or industry trends. This approach includes analysis of a companys financial statements and management structure and consideration of the companys operations, product development, and its industry position.
The portfolio managers currently focus on companies that the portfolio managers believe are characterized by industry leadership, market share growth, high caliber management teams, sustainable competitive advantages, and strong growth themes or new innovative products or services. The portfolio managers monitor individual issuers for changes in the factors above, which may trigger a decision to sell a security, but does not require a decision to do so. The factors considered by the portfolio managers may vary in particular cases and may change over time. In attempting to meet its investment objective or to manage subscription and redemption requests, the Fund may engage in active and frequent trading of portfolio securities.
C000000439 Holdings
Top 10 holdings of Invesco V.I. Technology Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp. | 6.14% |
| Lam Research Corp. | 5.46% |
| Advanced Micro Devices, Inc. | 5.36% |
| Alphabet Inc. | 5.02% |
| Taiwan Semiconductor Manufacturing Co. Ltd. | 4.53% |
| Micron Technology, Inc. | 4.33% |
| Palo Alto Networks, Inc. | 3.33% |
| CrowdStrike Holdings, Inc. | 3.08% |
| Datadog, Inc. | 2.75% |
| Intel Corp. | 2.65% |
C000000439 Portfolio Allocation
Asset-class allocation of Invesco V.I. Technology Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.7% |
| Cash & Equivalents | 2.5% |
C000000439 Performance
Total returns for C000000439 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 46.8% |
| 1 year | 64.4% |
| 3 years (annualised) | 37.6% |
| 5 years (annualised) | 16.3% |
C000000439 Risk Information
Risk metrics for C000000439, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 27.5%
C000000439 Costs and Fees
C000000439 costs about $121 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.21%
- Gross expense ratio: 1.21%
- Portfolio turnover: 160%
- Brokerage commissions: 6.68 bps of average net assets (SEC N-CEN)
C000000439 Cashflows
Over the 12 months to 2026-06, Invesco V.I. Technology Fund had net inflows of $14.24M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$257.50K |
| 2026-05 | $1.18M |
| 2026-04 | −$2.03M |
| 2026-03 | −$2.35M |
| 2026-02 | −$902.05K |
| 2026-01 | −$728.84K |
C000000439 Debt Constituents
No individual debt constituents are reported in Invesco V.I. Technology Fund's latest SEC N-PORT filing.
C000000439 Prospectus and SEC Filings
Official Invesco V.I. Technology Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-29
- Prospectus (485BPOS) — filed 2025-04-29
- Prospectus (485BPOS) — filed 2024-04-25
- Portfolio holdings (N-PORT) — filed 2026-08-25
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-27
- Annual census (N-CEN) — filed 2026-03-16
- Annual census (N-CEN) — filed 2025-03-17
Related Funds
Other United States Large Cap Growth Information Technology 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.