SA Franklin BW U.S. Large Cap Value Portfolio
Data updated: 2026-09-28
C000021964 — SA Franklin BW U.S. Large Cap Value Portfolio. United States Large Cap Value Equity · $1.29B AUM. Holdings, fees, performance and SEC filings.
C000021964 Fund Overview
SA Franklin BW U.S. Large Cap Value Portfolio is a US mutual fund managed by Sunamerica Series Trust, 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: Sunamerica Series Trust
- Category: United States Large Cap Value Equity
- Assets under management: $1.29B
- 1-year return: 28.0%
- SEC CIK: 0000892538
- SEC series ID: S000008079
- Share class ID: C000021964
C000021964 Investment Objective and Strategy
SA Franklin BW U.S. Large Cap Value Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Sunamerica Series Trust.
Investment objective
The Portfolios investment goal is growth of capital.
Principal investment strategy
The Portfolio attempts to achieve its goal by, under normal circumstances, investing at least 80% of its net assets in equity securities of large capitalization companies. Large capitalization companies are those with market capitalizations similar to companies in the Russell 1000 Value Index (the Index). As of February 28, 2026, the median market capitalization of a company in the Index was approximately $ 15.978 billion and the largest market capitalization of the companies in the Index was approximately $ 3.78 trillion. The size of the companies in the Index changes with market conditions and the composition of the Index. The Portfolio may invest in foreign securities, including emerging market securities, either directly or through depositary receipts. The Portfolio holds equity securities of approximately 150-250 companies under normal market conditions.
The subadviser selects securities for the Portfolio that it believes are undervalued or out of favor based primarily on price-to-earnings ratios, price-to-book ratios, price momentum, and share change and quality. The subadvisers investment process begins by screening for low valuation companies based on their price-to-earnings or price-to-book ratios, and using quantitative analysis to eliminate equity securities that have poor price momentum and high relative share issuance. The subadviser then performs a fundamental analysis on the remaining equity securities to identify and eliminate those securities that it believes will have difficulty outperforming the Index. The subadviser may consider other factors in its selection process. The subadviser typically sells a security of a company held by the Portfolio when it believes the company is no longer a large capitalization value company, if the companys fundamentals deteriorate, when an investment opportunity arises that the subadviser believes is more compelling, or to realize gains or limit potential losses.
C000021964 Holdings
Top 10 holdings of SA Franklin BW U.S. Large Cap Value Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| JPMorgan Chase & Co | 4.48% |
| ExxonMobil Holdings Corp | 3.74% |
| Microsoft Corp | 2.79% |
| Apple Inc | 2.74% |
| Morgan Stanley | 2.45% |
| Goldman Sachs Group Inc/The | 2.28% |
| Bank of America Corp | 2.15% |
| Merck & Co Inc | 2.14% |
| Amazon.com Inc | 1.94% |
| Walt Disney Co/The | 1.82% |
C000021964 Portfolio Allocation
Asset-class allocation of SA Franklin BW U.S. Large Cap Value Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.2% |
| Cash & Equivalents | 0.8% |
C000021964 Performance
Total returns for C000021964 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 16.4% |
| 1 year | 28.0% |
| 3 years (annualised) | 18.3% |
| 5 years (annualised) | 12.6% |
C000021964 Risk Information
Risk metrics for C000021964, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 8.4%
C000021964 Costs and Fees
C000021964 costs about $85 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.85%
- Gross expense ratio: 0.91%
- Portfolio turnover: 71%
- Brokerage commissions: 2.84 bps of average net assets (SEC N-CEN)
C000021964 Cashflows
Over the 12 months to 2026-07, SA Franklin BW U.S. Large Cap Value Portfolio had net outflows of $29.78M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-07 | −$13.73M |
| 2026-06 | −$14.85M |
| 2026-05 | −$16.12M |
| 2026-04 | −$29.13M |
| 2026-03 | −$18.20M |
| 2026-02 | −$24.22M |
C000021964 Debt Constituents
No individual debt constituents are reported in SA Franklin BW U.S. Large Cap Value Portfolio's latest SEC N-PORT filing.
C000021964 Prospectus and SEC Filings
Official SA Franklin BW U.S. Large Cap Value Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-27
- Prospectus (485BPOS) — filed 2025-04-28
- Prospectus (485BPOS) — filed 2024-04-26
- Portfolio holdings (N-PORT) — filed 2026-09-28
- Portfolio holdings (N-PORT) — filed 2026-06-29
- Portfolio holdings (N-PORT) — filed 2026-03-27
- Annual census (N-CEN) — filed 2026-04-16
- Annual census (N-CEN) — filed 2025-04-11
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.