VT International Equity Fund
Data updated: 2024-05-28
C000019820 — VT International Equity Fund. Europe Mid Cap Blend / Core Consumer Discretionary Equity. Holdings, fees, performance and SEC filings.
C000019820 Fund Overview
VT International Equity Fund is a US mutual fund managed by Wells Fargo Variable Trust, categorised as Europe Mid Cap Blend / Core Consumer Discretionary Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Wells Fargo Variable Trust
- Category: Europe Mid Cap Blend / Core Consumer Discretionary Equity
- Assets under management: $59.51M
- 1-year return: 14.2%
- SEC CIK: 0001081402
- SEC series ID: S000007222
- Share class ID: C000019820
C000019820 Investment Objective and Strategy
VT International Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Wells Fargo Variable Trust.
Investment objective
The Fund seeks long-term capital appreciation.
Principal investment strategy
Under normal circumstances, we invest: at least 80% of the Fund's net assets in equity securities of foreign issuers; up to 30% of the Fund's total assets in emerging market equity securities; and in securities of at least three different countries including the U.S. The types of securities in which we normally invest include common stock, preferred stock, rights, warrants and American Depositary Receipts (ADRs). We consider equity securities of foreign issuers (or foreign securities) to be equity securities: (1) issued by companies with their principal place of business or principal office or both, as determined in our reasonable discretion, in a country other than the U.S.; or (2) issued by companies for which the principal securities trading market is a country other than the U.S. We may use futures or forward foreign currency contracts to manage risk or to enhance return.
We use bottom-up stock selection, based on in-depth fundamental research as the cornerstone of our investment process. During each stage of the process, we also consider the influence on the investment theses of top-down factors such as macroeconomic forecasts, real economic growth prospects, fiscal and monetary policy, currency issues, and demographic and political risks. Sector and country weights result from rather than determine our stock-selection decisions. Our investment process seeks both growth and value opportunities. For growth investments, we target companies that we believe have strong business franchises, experienced and proven management, and accelerating cash flow growth rates. For value investments, we target companies that we believe are undervalued in the marketplace compared to their intrinsic value.
Additionally, we seek to identify catalysts that will unlock value, which will then be recognized by the market. We may purchase securities across any market capitalization. We conduct ongoing review, research, and analysis of our portfolio holdings. We may sell a stock if it achieves our investment objective for the position, if a stock's fundamentals or price change significantly, if we change our view of a country or sector, or if the stock no longer fits within the risk characteristics of the Fund's portfolio.
C000019820 Holdings
Top 10 holdings of VT International Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Allspring Government Money Mar | 4.18% |
| Axa SA | 4.12% |
| iShares MSCI Japan ETF | 4.00% |
| LVMH Moet Hennessy Louis Vuitton SE | 3.20% |
| Vinci SA | 3.18% |
| Veolia Environnement SA | 3.14% |
| BAE Systems PLC | 3.12% |
| JPMorgan BetaBuilders Japan ETF | 3.07% |
| Siemens AG | 3.06% |
| Sap SE | 2.98% |
C000019820 Portfolio Allocation
Asset-class allocation of VT International Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 95.4% |
| Cash & Equivalents | 4.2% |
C000019820 Performance
Total returns for C000019820 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 14.2% |
| 3 years (annualised) | 12.6% |
C000019820 Risk Information
Risk metrics for C000019820, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 14.1%
C000019820 Costs and Fees
C000019820 costs about $95 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.95%
- Gross expense ratio: 1.49%
- Portfolio turnover: 63%
- Brokerage commissions: 19.81 bps of average net assets (SEC N-CEN)
C000019820 Cashflows
Over the 12 months to 2024-03, VT International Equity Fund had net outflows of $8.04M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-03 | −$3.20M |
| 2024-02 | −$567.67K |
| 2024-01 | −$938.89K |
| 2023-12 | −$346.50K |
| 2023-11 | −$588.08K |
| 2023-10 | −$605.66K |
C000019820 Debt Constituents
No individual debt constituents are reported in VT International Equity Fund's latest SEC N-PORT filing.
C000019820 Prospectus and SEC Filings
Official VT International Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-04-25
- Prospectus (485BPOS) — filed 2021-04-27
- Prospectus (485BPOS) — filed 2020-05-14
- Portfolio holdings (N-PORT) — filed 2024-05-28
- Portfolio holdings (N-PORT) — filed 2024-02-28
- Portfolio holdings (N-PORT) — filed 2023-11-22
- Annual census (N-CEN) — filed 2024-03-13
- Annual census (N-CEN) — filed 2023-03-02
Related Funds
Other Europe Mid Cap Blend / Core Consumer Discretionary 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.