VIP Dynamic Capital Appreciation Portfolio
Data updated: 2026-08-24
C000021032 — VIP Dynamic Capital Appreciation Portfolio. United States Large Cap Blend / Core Equity. Holdings, fees, performance and SEC filings.
C000021032 Fund Overview
VIP Dynamic Capital Appreciation 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: $328.11M
- 1-year return: 29.0%
- SEC CIK: 0000927384
- SEC series ID: S000007731
- Share class ID: C000021032
C000021032 Investment Objective and Strategy
VIP Dynamic Capital Appreciation 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 Dynamic Capital Appreciation Portfolio seeks capital appreciation.
Principal investment strategy
"Normally investing primarily in common stocks. Investing in domestic and foreign issuers. 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."
C000021032 Holdings
Top 10 holdings of VIP Dynamic Capital Appreciation Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp. | 8.80% |
| Amazon.com, Inc. | 5.76% |
| Alphabet, Inc. | 3.83% |
| Apple, Inc. | 2.91% |
| Microsoft Corp. | 2.73% |
| Micron Technology, Inc. | 2.57% |
| Meta Platforms, Inc. | 2.44% |
| Broadcom, Inc. | 2.31% |
| Western Digital Corp. | 2.26% |
| Alphabet, Inc. | 2.21% |
C000021032 Portfolio Allocation
Asset-class allocation of VIP Dynamic Capital Appreciation Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.5% |
| Cash & Equivalents | 2.9% |
C000021032 Performance
Total returns for C000021032 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 15.8% |
| 1 year | 29.0% |
| 3 years (annualised) | 23.5% |
| 5 years (annualised) | 15.9% |
C000021032 Risk Information
Risk metrics for C000021032, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.6%
C000021032 Costs and Fees
C000021032 costs about $83 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.83%
- Gross expense ratio: 0.83%
- Portfolio turnover: 90%
- Brokerage commissions: 3.25 bps of average net assets (SEC N-CEN)
C000021032 Cashflows
Over the 12 months to 2026-06, VIP Dynamic Capital Appreciation Portfolio had net inflows of $21.85M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$3.39M |
| 2026-05 | −$845.65K |
| 2026-04 | $104.42K |
| 2026-03 | −$1.40M |
| 2026-02 | $37.48M |
| 2026-01 | −$811.14K |
C000021032 Debt Constituents
No individual debt constituents are reported in VIP Dynamic Capital Appreciation Portfolio's latest SEC N-PORT filing.
C000021032 Prospectus and SEC Filings
Official VIP Dynamic Capital Appreciation 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.