C000010427 Performance — Banking Fund, Variable Annuity
Data updated: 2026-08-21
C000010427 returned +10.63% year to date and +27.58% over one year to Jun 2026. Annualised returns are +27.42% over 3 years and +8.78% over 5 years. The fund beat its Financials Equity category average: $100 invested three years ago grew to $207, against $158 for the category, and to $128 over one year, against $112. Volatility over the past three years was 21.63% a year. In the 12 months to Jun 2026 the fund lost a net $1.3M, and assets reached $6.75M.
C000010427 Growth of $100
What $100 invested in Banking Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Financials Equity category average over the same months.
| Period | C000010427 | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $128 | $112 |
| 3 years (Jul 2023 – Jun 2026) | $207 | $158 |
| 5 years (Jul 2021 – Jun 2026) | $152 | $144 |
| Since data start (Jul 2019 – Jun 2026) | $197 | $188 |
C000010427 Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +10.63% |
| 1 year | +27.58% |
| 3 years (annualised) | +27.42% |
| 5 years (annualised) | +8.78% |
C000010427 Annual Returns
Calendar-year total returns of Banking Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +10.63% |
| 2025 | +23.74% |
| 2024 | +23.11% |
| 2023 | +2.97% |
| 2022 | −17.02% |
| 2021 | +33.49% |
| 2020 | −8.46% |
| 2019 (Jul–Dec) | +11.88% |
C000010427 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.9% | −3.5% | −3.7% | +8.6% | −1.1% | +7.9% | — | — | — | — | — | — |
| 2025 | +7.4% | −2.9% | −6.9% | −2.3% | +6.2% | +6.6% | +1.5% | +6.8% | −0.6% | −1.6% | +3.4% | +5.3% |
| 2024 | −2.3% | +0.2% | +6.4% | −4.7% | +3.0% | +0.4% | +11.6% | +1.3% | −0.4% | +4.1% | +11.8% | −8.4% |
| 2023 | +8.7% | −1.5% | −21.1% | −0.7% | −6.3% | +6.7% | +12.7% | −8.4% | −4.0% | −4.3% | +14.0% | +13.5% |
| 2022 | +2.0% | +0.6% | −6.2% | −10.6% | +5.4% | −11.3% | +8.3% | −1.9% | −7.2% | +9.2% | +3.8% | −7.6% |
| 2021 | +1.5% | +15.6% | +4.9% | +4.6% | +4.3% | −6.0% | −3.0% | +4.6% | +1.3% | +5.4% | −4.4% | +2.1% |
| 2020 | −6.5% | −11.9% | −27.8% | +13.8% | +0.1% | +1.0% | −0.6% | +3.2% | −6.3% | +9.2% | +17.3% | +8.6% |
| 2019 | — | — | — | — | — | — | +3.2% | −8.4% | +6.5% | +2.4% | +4.8% | +3.6% |
C000010427 Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 21.63%
- 3-year Sharpe ratio: 1.06 (vs 4.5% risk-free rate)
- Best month: +13.96% (Nov 2023)
- Worst month: −8.40% (Dec 2024)
C000010427 Fund Flows
Monthly money in and out of Banking Fund, from SEC Form N-PORT.
- 12-month net flow: −$1.3M
- 12-month gross sales (incl. reinvestments): $4.3M
- Sales ÷ redemptions: 0.77×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $491K | $371K | $120K |
| May 2026 | $70K | $116K | −$46K |
| Apr 2026 | $480K | $497K | −$17K |
| Mar 2026 | $15K | $145K | −$129K |
| Feb 2026 | $252K | $1.0M | −$760K |
| Jan 2026 | $337K | $613K | −$276K |
| Dec 2025 | $634K | $539K | $95K |
| Nov 2025 | $144K | $418K | −$274K |
| Oct 2025 | $520K | $440K | $80K |
| Sep 2025 | $274K | $170K | $104K |
| Aug 2025 | $785K | $577K | $207K |
| Jul 2025 | $286K | $700K | −$414K |
C000010427 Assets Under Management
Net assets of Banking Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $6.75M |
| 2026-03-31 | $5.76M |
| 2025-12-31 | $7.17M |
| 2025-09-30 | $6.80M |
| 2025-06-30 | $6.46M |
| 2025-03-31 | $3.30M |
| 2024-12-31 | $3.43M |
| 2024-09-30 | $2.41M |
| 2024-06-30 | $2.07M |
| 2024-03-31 | $2.44M |
| 2023-12-31 | $3.36M |
| 2023-09-30 | $2.26M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.