LVIP JPMorgan Select Mid Cap Value Managed Volatility Fund

C000043869 Fund Overview

LVIP JPMorgan Select Mid Cap Value Managed Volatility Fund is a US mutual fund managed by Lincoln Variable Insurance Products Trust, categorised as United States Mid 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: Lincoln Variable Insurance Products Trust
• Category: United States Mid Cap Value Equity
• Assets under management: $501.72M
• 1-year return: 19.0%
• SEC CIK: 0000914036
• SEC series ID: S000015977
• Share class ID: C000043869

C000043869 Investment Objective and Strategy

LVIP JPMorgan Select Mid Cap Value Managed Volatility Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Lincoln Variable Insurance Products Trust.

Investment objective

The investment objective of the LVIP JPMorgan Select Mid Cap Value Managed Volatility Fund (the “Fund”), is to seek long-term capital appreciation.

Principal investment strategy

The Fund, under normal circumstances, invests at least 80% of its assets in equity securities of medium-cap companies. The sub-adviser defines medium-cap companies as companies with market capitalizations equal to those within the universe of the Russell Midcap Value Index and/or between $1 billion and $20 billion at the time of purchase. In implementing its strategies, the sub-advisers investments are primarily in common stocks and real estate investment trusts (REITs) and while such investments are primarily in medium-cap companies, as described above, the sub-adviser may also invest in equity securities of companies with other capitalizations, including large-cap. Lincoln Investment Advisors Corporation (adviser) serves as the investment adviser to the Fund. The adviser has selected JP Morgan Investment Management Inc.

(JPMorgan) to serve as the Funds sub-adviser. JPMorgan is responsible for the day-to-day management of the Funds assets that the adviser allocates to each investment strategy. The adviser may change the allocation at any time, in its sole discretion and the percentage of the Funds assets allocated to each strategy may change over time. For the mid cap value strategy, JPMorgan employs a bottom-up approach to stock selection, constructing portfolios based on company fundamentals, quantitative screening and proprietary fundamental analysis. JPMorgan looks for quality companies, which appear to be undervalued and to have the potential to grow intrinsic value per share. Quality companies generally have a sustainable competitive position, relatively lower levels of business cyclicality, high returns on invested capital and strong, experienced management teams.

For the intrepid value strategy, JPMorgan invests primarily in a broad portfolio of equity securities that JPMorgan believes have characteristics such as attractive valuations, high quality and/or strong momentum that should lead to relative outperformance. In identifying high quality securities, JPMorgan looks for profitable companies with sustainable earnings and disciplined management. In identifying securities that have strong momentum, JPMorgan looks for securities which have prices and/or earnings that have been increasing and that JPMorgan believes will continue to increase. For the intrepid mid cap strategy, JPMorgan invests primarily in a broad portfolio of equity securities that JPMorgan believes are attractive based on characteristics such as valuation and momentum. In identifying securities that have attractive momentum characteristics, JPMorgan looks for securities which have prices that have been increasing and that JPMorgan believes will continue to increase.

The adviser intends to allocate approximately 70% of the portion of the Funds assets not subject to the overlay to the mid cap value strategy, approximately 15% of the portion of the Funds assets not subject to the overlay to the intrepid value strategy, and approximately 15% of the portion of the Funds assets not subject to the overlay to the intrepid mid cap strategy. Such allocations are subject to change at the discretion of the adviser. Managed Volatility Strategy. The Funds Adviser has retained SSGA Funds Management, Inc. (SSGA FM or overlay manager) as sub-adviser to the Fund to implement the managed volatility strategy within the parameters stated below. This managed volatility strategy consists of selling (short) positions in exchange-traded futures contracts to manage overall portfolio volatility and seek to reduce the impact on the Funds portfolio of significant market downturns during periods of high volatility.

SSGA FM, as identified by the adviser, buys or sells (shorts) individual futures contracts on equity indices of domestic and foreign markets that it believes are highly correlated to the Funds equity exposure. Although up to 20% of the Funds net assets may be used by SSGA FM to implement the managed volatility strategy, under normal market conditions it is expected that less than 10% of the Funds net assets will be used for the strategy. SSGA FM uses a proprietary volatility forecasting model to manage the assets allocated to this strategy. The managed volatility strategy is separate and distinct from any riders or features of your insurance contract. A futures contract is an agreement between two parties to buy or sell a financial instrument for a set price on a future date. A short position would represent a contractual obligation to sell an equity index at a future date at a particular price.

In contrast, a long position would represent a contractual obligation to buy an equity index at a future date at a particular price. A short position is generally used to protect against the possible decline in value of financial instruments. SSGA FM will regularly adjust the level of exchange-traded futures contracts to seek to manage the Funds overall net risk level, i.e., volatility. Volatility is a statistical measure of the dispersion of the Funds investment returns. SSGA FMs investment in exchange-traded futures and their resulting costs could limit the upside participation of the Fund in strong appreciating markets relative to un-hedged funds. In situations of extreme market volatility, the exchange-traded futures could potentially reduce the Funds net economic exposure to equity securities to a substantial degree.

The amount of exchange-traded futures may fluctuate frequently based upon market conditions. SSGA FM may take a long position in futures for the purpose of providing an equity exposure generally comparable to the holdings of cash. This allows the Fund to be fully invested in the market by turning cash into an equity position while still maintaining the liquidity provided by the cash. The Investment Company Act of 1940 (the 1940 Act) and the rules and interpretations under the 1940 Act impose certain limitations on the Funds ability to use leverage.

C000043869 Holdings

Top 10 holdings of LVIP JPMorgan Select Mid Cap Value Managed Volatility Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all C000043869 holdings

C000043869 Portfolio Allocation

Asset-class allocation of LVIP JPMorgan Select Mid Cap Value Managed Volatility Fund by percentage of net assets, from the latest SEC N-PORT filing.

C000043869 Performance

Total returns for C000043869 (as of 2026-10-01), from SEC filings.

C000043869 Risk Information

Risk metrics for C000043869, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 10.6%

C000043869 Costs and Fees

C000043869 costs about $77 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.77%
• Gross expense ratio: 0.79%
• Portfolio turnover: 32%
• Brokerage commissions: 2.66 bps of average net assets (SEC N-CEN)

C000043869 Cashflows

Over the 12 months to 2026-06, LVIP JPMorgan Select Mid Cap Value Managed Volatility Fund had net outflows of $35.41M, from monthly SEC N-PORT filings.

C000043869 Debt Constituents

No individual debt constituents are reported in LVIP JPMorgan Select Mid Cap Value Managed Volatility Fund's latest SEC N-PORT filing.

C000043869 Prospectus and SEC Filings

Official LVIP JPMorgan Select Mid Cap Value Managed Volatility Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2025-04-30
• Prospectus (485BPOS) — filed 2024-04-29
• Prospectus (485BPOS) — filed 2023-04-28
• Portfolio holdings (N-PORT) — filed 2026-08-06
• Portfolio holdings (N-PORT) — filed 2026-05-18
• Portfolio holdings (N-PORT) — filed 2026-02-06
• Annual census (N-CEN) — filed 2026-03-06
• Annual census (N-CEN) — filed 2025-03-07

Related Funds

Other United States Mid Cap Value Equity funds tracked on ABC INVEST:

• Vanguard Small-Cap Value Index Fund (VISVX)
• Vanguard Mid-Cap Value Index Fund (VMVIX)
• Vanguard Windsor Fund (VWNDX)
• iShares Select Dividend ETF (DVY)
• John Hancock Disciplined Value Mid Cap Fund (JVMAX)

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.