VIP Growth and Income Portfolio
Data updated: 2026-08-24
C000021036 — VIP Growth and Income Portfolio. United States Large Cap Blend / Core Equity · $2.85B AUM. Holdings, fees, performance and SEC filings.
C000021036 Fund Overview
VIP Growth and Income 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: $2.85B
- 1-year return: 19.5%
- SEC CIK: 0000927384
- SEC series ID: S000007732
- Share class ID: C000021036
C000021036 Investment Objective and Strategy
VIP Growth and Income 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 Growth & Income Portfolio seeks high total return through a combination of current income and capital appreciation.
Principal investment strategy
"Normally investing at least 80% of assets in a combination of securities of growth companies and income-producing securities. Growth companies are companies the Adviser believes have above average growth potential. The Adviser considers a number of factors in determining a company's growth potential, such as whether the company is included in a third-party growth benchmark or classified as a growth company by a third-party vendor, if the company's projected earnings per share growth, sales growth per share or free cash flow growth or its trailing earnings per share growth is above the equity market median, if the company's research and development expenses exceed sales, general and administrative expenses, or if the company is raising capital to grow, fund or expand its business. A company's growth potential can be determined under any of these factors.
Income-producing securities are 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. Normally investing a majority of assets in common stocks with a focus on those that pay current dividends and show potential for capital appreciation. Potentially investing in bonds, including lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds), as well as stocks that are not currently paying dividends, but offer prospects for future income or capital appreciation.
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."
C000021036 Holdings
Top 10 holdings of VIP Growth and Income Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Microsoft Corp. | 4.82% |
| WELLS FARGO and CO | 4.61% |
| NVIDIA Corp. | 4.26% |
| Ge Aerospace | 4.20% |
| Exxon Mobil Corp. | 3.73% |
| Fidelity Revere Street Trust | 3.72% |
| Apple, Inc. | 3.38% |
| Ge Vernova, Inc. | 3.30% |
| Bank Of America Corporation | 2.90% |
| Boeing Co. | 2.38% |
C000021036 Portfolio Allocation
Asset-class allocation of VIP Growth and Income Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 96.2% |
| Cash & Equivalents | 4.9% |
| Fixed Income | 0.1% |
C000021036 Performance
Total returns for C000021036 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 9.0% |
| 1 year | 19.5% |
| 3 years (annualised) | 20.0% |
| 5 years (annualised) | 13.9% |
C000021036 Risk Information
Risk metrics for C000021036, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 8.7%
C000021036 Costs and Fees
C000021036 costs about $57 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.57%
- Gross expense ratio: 0.57%
- Portfolio turnover: 17%
- Brokerage commissions: 0.74 bps of average net assets (SEC N-CEN)
C000021036 Cashflows
Over the 12 months to 2026-06, VIP Growth and Income Portfolio had net outflows of $19.94M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$21.35M |
| 2026-05 | −$14.66M |
| 2026-04 | −$7.16M |
| 2026-03 | −$8.44M |
| 2026-02 | $11.54M |
| 2026-01 | −$36.60M |
C000021036 Debt Constituents
Largest debt holdings of VIP Growth and Income Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Compass, Inc. | 0.14% |
C000021036 Prospectus and SEC Filings
Official VIP Growth and 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 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.