VIP Equity-Income Portfolio
Data updated: 2026-08-24
C000020967 — VIP Equity-Income Portfolio. United States Large Cap Value Equity · $7.19B AUM. Holdings, fees, performance and SEC filings.
C000020967 Fund Overview
VIP Equity-Income Portfolio is a US mutual fund managed by Variable Insurance Products Fund, categorised as United States Large 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: Variable Insurance Products Fund
- Category: United States Large Cap Value Equity
- Assets under management: $7.19B
- 1-year return: 21.3%
- SEC CIK: 0000356494
- SEC series ID: S000007716
- Share class ID: C000020967
C000020967 Investment Objective and Strategy
VIP Equity-Income Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Variable Insurance Products Fund.
Investment objective
VIP Equity-Income Portfolio? seeks reasonable income. The fund will also consider the potential for capital appreciation. The fund's goal is to achieve a yield which exceeds the composite yield on the securities comprising the S&P 500 Index.
Principal investment strategy
"Normally investing at least 80% of assets in income-producing equity securities. Equity securities represent an ownership interest, or the right to acquire an ownership interest, in an issuer. Equity securities include common stocks (including depositary receipts evidencing ownership of common stock), preferred stocks and other preferred securities, convertible securities, rights and warrants, and other securities, such as hybrid securities and trust preferred securities, believed to have equity-like characteristics. Income-producing equity securities are equity securities that pay, or are expected to pay within the next three months, dividends or interest. Derivative instruments that provide investment exposure to the investments above or exposure to one or more market risk factors associated with such investments are included in the fund's 80% policy, consistent with the fund's investment policies and limitations with respect to investments in derivatives.
Potentially investing in other types of equity securities and debt securities, including lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds). Investing in domestic and foreign issuers. Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments. Potentially using covered call options as tools in managing the fund's assets. The Adviser's emphasis on income-producing equity securities tends to lead to investments in large cap ""value"" stocks. However, the Adviser is not constrained by any particular investment style."
C000020967 Holdings
Top 10 holdings of VIP Equity-Income Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Microsoft Corp. | 4.23% |
| Amazon.com, Inc. | 3.64% |
| JPMORGAN CHASE and CO | 3.12% |
| Exxon Mobil Corp. | 2.84% |
| Abbvie, Inc. | 2.51% |
| Taiwan Semiconductor Mfg Co. Ltd. | 2.39% |
| JOHNSON and JOHNSON | 2.22% |
| Samsung Electronics Co. Ltd. | 2.03% |
| Linde PLC | 1.91% |
| Gilead Sciences, Inc. | 1.83% |
C000020967 Portfolio Allocation
Asset-class allocation of VIP Equity-Income Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.2% |
| Cash & Equivalents | 1.9% |
C000020967 Performance
Total returns for C000020967 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 10.4% |
| 1 year | 21.3% |
| 3 years (annualised) | 17.2% |
| 5 years (annualised) | 11.2% |
C000020967 Risk Information
Risk metrics for C000020967, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 8.9%
C000020967 Costs and Fees
C000020967 costs about $53 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.53%
- Gross expense ratio: 0.53%
- Portfolio turnover: 15%
- Brokerage commissions: 0.60 bps of average net assets (SEC N-CEN)
C000020967 Cashflows
Over the 12 months to 2026-06, VIP Equity-Income Portfolio had net outflows of $58.88M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$58.53M |
| 2026-05 | −$17.84M |
| 2026-04 | −$44.26M |
| 2026-03 | −$70.41M |
| 2026-02 | $9.00M |
| 2026-01 | −$52.37M |
C000020967 Debt Constituents
No individual debt constituents are reported in VIP Equity-Income Portfolio's latest SEC N-PORT filing.
C000020967 Prospectus and SEC Filings
Official VIP Equity-Income Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-20
- Prospectus (485BPOS) — filed 2025-04-18
- Prospectus (485BPOS) — filed 2024-04-19
- Portfolio holdings (N-PORT) — filed 2026-08-24
- Portfolio holdings (N-PORT) — filed 2026-05-26
- Portfolio holdings (N-PORT) — filed 2026-02-24
- Annual census (N-CEN) — filed 2026-03-12
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other United States Large 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.