Diversified Value Portfolio
Data updated: 2026-08-28
C000012154 — Diversified Value Portfolio. United States Mid Cap Value Equity · $1.43B AUM · 0.28% expense ratio. Holdings, fees, performance and SEC filings.
C000012154 Fund Overview
Diversified Value Portfolio is a US mutual fund managed by Vanguard Variable Insurance Funds, categorised as United States Mid Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Vanguard Variable Insurance Funds
- Category: United States Mid Cap Value Equity
- Assets under management: $1.43B
- 1-year return: 15.2%
- SEC CIK: 0000857490
- SEC series ID: S000004398
- Share class ID: C000012154
C000012154 Investment Objective and Strategy
Diversified Value Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Vanguard Variable Insurance Funds.
Investment objective
Vanguard Variable Insurance Funds Diversified Value Portfolio (the Fund) seeks to provide long-term capital appreciation and income.
Principal investment strategy
The Fund employs an active management approach, investing mainly in large- and mid-capitalization U.S. companies whose stocks are considered by an advisor to be undervalued. Undervalued stocks are generally those that are out of favor with investors and that an advisor believes are trading at prices that are below average in relation to measures such as earnings and book value. These stocks often have above-average dividend yields. The Fund has multiple advisors, each of which independently selects and maintains a portfolio of common stocks for the Fund.
C000012154 Holdings
Top 10 holdings of Diversified Value Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Vanguard Cmt Funds-Vanguard Market Liquidity Fund | 5.49% |
| American International Group Inc | 2.38% |
| Corteva Inc | 1.98% |
| Workday Inc | 1.88% |
| Elevance Health Inc | 1.86% |
| Wells Fargo & Co | 1.77% |
| Capital One Financial Corp | 1.72% |
| US Bancorp | 1.65% |
| Salesforce Inc | 1.57% |
| Merck & Co Inc | 1.52% |
C000012154 Portfolio Allocation
Asset-class allocation of Diversified Value Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 94.8% |
| Cash & Equivalents | 5.5% |
C000012154 Performance
Total returns for C000012154 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 3.1% |
| 1 year | 15.2% |
| 3 years (annualised) | 14.7% |
| 5 years (annualised) | 9.8% |
C000012154 Risk Information
Risk metrics for C000012154, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 7.6%
C000012154 Costs and Fees
C000012154 costs about $28 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.28%
- Gross expense ratio: 0.28%
- Portfolio turnover: 79%
- Brokerage commissions: 1.62 bps of average net assets (SEC N-CEN)
C000012154 Cashflows
Over the 12 months to 2026-06, Diversified Value Portfolio had net inflows of $246.11M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$3.25M |
| 2026-05 | −$9.78M |
| 2026-04 | −$11.56M |
| 2026-03 | $329.25M |
| 2026-02 | −$2.20M |
| 2026-01 | −$11.50M |
C000012154 Debt Constituents
No individual debt constituents are reported in Diversified Value Portfolio's latest SEC N-PORT filing.
C000012154 Prospectus and SEC Filings
Official Diversified Value Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-28
- Prospectus (485BPOS) — filed 2025-04-29
- Prospectus (485BPOS) — filed 2024-04-26
- Portfolio holdings (N-PORT) — filed 2026-08-28
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2026-03-12
- Annual census (N-CEN) — filed 2025-03-13
Related Funds
Other United States Mid Cap Value 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.