VIP Balanced Portfolio
Data updated: 2026-08-24
C000021027 — VIP Balanced Portfolio. United States Large Cap Blend / Core Equity · $8.93B AUM. Holdings, fees, performance and SEC filings.
C000021027 Fund Overview
VIP Balanced Portfolio is a US mutual fund managed by Variable Insurance Products Fund III, categorised as United States Large Cap Blend / Core 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 III
- Category: United States Large Cap Blend / Core Equity
- Assets under management: $8.93B
- 1-year return: 20.9%
- SEC CIK: 0000927384
- SEC series ID: S000007730
- Share class ID: C000021027
C000021027 Investment Objective and Strategy
VIP Balanced Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Variable Insurance Products Fund III.
Investment objective
VIP Balanced Portfolio seeks income and capital growth consistent with reasonable risk.
Principal investment strategy
"Investing approximately 60% of assets in stocks and other equity securities and the remainder in bonds and other 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), when its outlook is neutral. Investing at least 25% of total assets in fixed-income senior securities. Investing in domestic and foreign issuers. With respect to the fund's equity investments, allocating the fund's assets across different market sectors (at present, communication services, consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, real estate, and utilities), using different Fidelity managers. With respect to the fund's equity investments, investing in either ""growth"" stocks or ""value"" stocks or both.
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. Investing in Fidelity's Central funds (specialized investment vehicles used by Fidelity funds to invest in particular security types or investment disciplines) consistent with the asset classes discussed above."
C000021027 Holdings
Top 10 holdings of VIP Balanced Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fidelity Garrison Street Trust | 33.80% |
| NVIDIA Corp. | 5.45% |
| Alphabet, Inc. | 4.61% |
| Apple, Inc. | 3.84% |
| Amazon.com, Inc. | 2.70% |
| Microsoft Corp. | 2.34% |
| Broadcom, Inc. | 1.74% |
| Micron Technology, Inc. | 1.43% |
| ELI LILLY and CO | 1.16% |
| Tesla, Inc. | 1.12% |
C000021027 Portfolio Allocation
Asset-class allocation of VIP Balanced Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.0% |
| Cash & Equivalents | 0.9% |
C000021027 Performance
Total returns for C000021027 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 10.5% |
| 1 year | 20.9% |
| 3 years (annualised) | 16.3% |
| 5 years (annualised) | 9.3% |
C000021027 Risk Information
Risk metrics for C000021027, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.5%
C000021027 Costs and Fees
C000021027 costs about $49 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.49%
- Gross expense ratio: 0.49%
- Portfolio turnover: 38%
- Brokerage commissions: 1.35 bps of average net assets (SEC N-CEN)
C000021027 Cashflows
Over the 12 months to 2026-06, VIP Balanced Portfolio had net inflows of $114.72M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$43.08M |
| 2026-05 | −$31.63M |
| 2026-04 | −$31.22M |
| 2026-03 | −$46.43M |
| 2026-02 | $394.23M |
| 2026-01 | −$40.19M |
C000021027 Debt Constituents
Largest debt holdings of VIP Balanced Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Ust Bills | 0.02% |
| Ust Bills | 0.01% |
C000021027 Prospectus and SEC Filings
Official VIP Balanced 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 Blend / Core 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.