VT Small Cap Growth Fund
Data updated: 2026-08-26
C000019826 — VT Small Cap Growth Fund. United States Mid Cap Growth Equity · $334.95M AUM · 1.16% expense ratio. Holdings, fees, performance and SEC filings.
C000019826 Fund Overview
VT Small Cap Growth Fund is a US mutual fund managed by Wells Fargo Variable Trust, categorised as United States Mid 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: Wells Fargo Variable Trust
- Category: United States Mid Cap Growth Equity
- Assets under management: $334.95M
- 1-year return: 48.3%
- SEC CIK: 0001081402
- SEC series ID: S000007228
- Share class ID: C000019826
C000019826 Investment Objective and Strategy
VT Small Cap Growth 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: 80% of the Funds net assets in equity securities of small-capitalization companies. We invest principally in equity securities of small-capitalization companies that we believe have prospects for robust and sustainable growth of revenues and earnings. We define small-capitalization companies as those with market capitalizations within the range of the Russell 2000 Index at the time of purchase. The market capitalization range of the Russell 2000 Index was approximately $ 3.67 million to $ 37.94 billion as of March 31, 2026, and is expected to change frequently. We seek to identify companies that have the prospect for robust sales and earnings growth rates, that enjoy a competitive advantage and that we believe have effective management with a history of making investments that are in the best interests of shareholders.
Furthermore, we seek to identify companies that embrace innovation and foster disruption using technology to maximize efficiencies, gain pricing advantages, and take market share from competitors. We believe innovation found in companies on the right side of change are benefiting from technological, demographic, lifestyle and environmental trends, and are often mispriced in todays public equity markets. This mispricing is a key inefficiency that the team seeks to exploit through intensive fundamental research. We pay particular attention to how management teams allocate capital in order to drive future cash flow; this includes the allocation of human capital, financial capital, and social capital. We believe successful allocation of such resources has a correlation with key indicators of future performance.
Price objectives are determined based on industry-specific valuation methodologies, including relative price-to-earnings multiples, price-to-book value, operating profit margin trends, enterprise value to EBITDA (earnings before interest, taxes, depreciation and amortization) and free cash flow yield. Portfolio holdings are continuously monitored for changes in fundamentals. The team seeks a favorable risk/reward relationship to fair valuation, which we define as the value of the company (i.e., our price target for the stock) relative to where the stock is currently trading. We may invest in any sector, and at times the Fund may emphasize one or more particular sectors. We may choose to sell a holding when it no longer offers favorable growth prospects, reaches our target price, or to take advantage of a better investment opportunity.
C000019826 Holdings
Top 10 holdings of VT Small Cap Growth Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Modine Manufacturing Co | 2.40% |
| Allspring Government Money Mar | 2.39% |
| Semtech Corp | 2.34% |
| Construction Partners Inc | 2.26% |
| Ligand Pharmaceuticals Inc | 2.19% |
| Legence Corp | 2.13% |
| BrightSpring Health Services Inc | 2.13% |
| Glaukos Corp | 2.12% |
| Casella Waste Systems Inc | 2.11% |
| Guardant Health Inc | 2.09% |
C000019826 Portfolio Allocation
Asset-class allocation of VT Small Cap Growth Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 97.7% |
| Cash & Equivalents | 2.4% |
C000019826 Performance
Total returns for C000019826 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 37.5% |
| 1 year | 48.3% |
| 3 years (annualised) | 19.4% |
| 5 years (annualised) | 13.6% |
C000019826 Risk Information
Risk metrics for C000019826, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 16.9%
C000019826 Costs and Fees
C000019826 costs about $116 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.16%
- Gross expense ratio: 1.16%
- Portfolio turnover: 71%
- Brokerage commissions: 6.69 bps of average net assets (SEC N-CEN)
C000019826 Cashflows
Over the 12 months to 2026-06, VT Small Cap Growth Fund had net outflows of $33.13M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$3.06M |
| 2026-05 | −$4.14M |
| 2026-04 | −$1.87M |
| 2026-03 | −$2.95M |
| 2026-02 | −$2.11M |
| 2026-01 | −$841.08K |
C000019826 Debt Constituents
No individual debt constituents are reported in VT Small Cap Growth Fund's latest SEC N-PORT filing.
C000019826 Prospectus and SEC Filings
Official VT Small Cap Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-23
- Prospectus (485BPOS) — filed 2025-04-23
- Prospectus (485BPOS) — filed 2024-04-25
- Portfolio holdings (N-PORT) — filed 2026-08-26
- Portfolio holdings (N-PORT) — filed 2026-05-27
- Portfolio holdings (N-PORT) — filed 2026-02-25
- Annual census (N-CEN) — filed 2026-03-04
- Annual census (N-CEN) — filed 2025-03-07
Related Funds
Other United States Mid 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.