VIP Communication Services
Data updated: 2026-08-24
C000046806 — VIP Communication Services. United States Large Cap Blend / Core Communication Services Equity. Holdings, fees, performance and SEC filings.
C000046806 Fund Overview
VIP Communication Services is a US mutual fund managed by Variable Insurance Products Fund IV, categorised as United States Large Cap Blend / Core Communication Services 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 IV
- Category: United States Large Cap Blend / Core Communication Services Equity
- Assets under management: $374.05M
- 1-year return: 24.3%
- SEC CIK: 0000720318
- SEC series ID: S000016759
- Share class ID: C000046806
C000046806 Investment Objective and Strategy
VIP Communication Services describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Variable Insurance Products Fund IV.
Investment objective
VIP Communication Services Portfolio seeks capital appreciation.
Principal investment strategy
Normally investing at least 80% of assets in securities of companies principally engaged in the development, production, or distribution of communication services. These companies may include, for example, interactive media and services including search engines, social media and networking platforms; companies that produce and sell entertainment and media such as movies, TV, cable, radio, internet and satellite companies; interactive gaming and home entertainment products and services; advertising; publishing and public relations companies; operators of fixed-line telecommunications networks and companies; providers of cellular or wireless communications services and equipment; and providers of communications and high-density data transmission services and equipment. For purposes of the fund's policy to normally invest at least 80% of its assets in securities of companies principally engaged in the business activity or activities identified for the fund, Fidelity may consider a company to be principally engaged in the designated business activity or activities based on: (i) the level of a company's assets, income, sales, or profits that are committed to, derived from, or related to the designated business activity or activities, or (ii) whether a third party has given the company an industry or sector classification consistent with the designated business activity or activities.
Whether a company is principally engaged in the designated business activity or activities can be determined under any of these factors. 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 primarily in common stocks. Investing in domestic and foreign issuers. 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.
C000046806 Holdings
Top 10 holdings of VIP Communication Services by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Alphabet, Inc. | 28.39% |
| Meta Platforms, Inc. | 17.29% |
| Walt Disney Co/the | 5.24% |
| Amazon.com, Inc. | 4.97% |
| Roblox Corp. | 4.20% |
| Take-Two Interactv Softwr, Inc. | 3.98% |
| Fidelity Revere Street Trust | 3.85% |
| Netflix, Inc. | 3.80% |
| Warner Bros Discovery, Inc. | 3.22% |
| Live Nation Entertainment, Inc. | 3.00% |
C000046806 Portfolio Allocation
Asset-class allocation of VIP Communication Services by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.9% |
| Cash & Equivalents | 3.8% |
C000046806 Performance
Total returns for C000046806 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 7.1% |
| 1 year | 24.3% |
| 3 years (annualised) | 30.3% |
| 5 years (annualised) | 12.3% |
C000046806 Risk Information
Risk metrics for C000046806, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 21.1%
C000046806 Costs and Fees
C000046806 costs about $60 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.60%
- Gross expense ratio: 0.60%
- Portfolio turnover: 140%
- Brokerage commissions: 6.13 bps of average net assets (SEC N-CEN)
C000046806 Cashflows
Over the 12 months to 2026-06, VIP Communication Services had net inflows of $45.87M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$24.59M |
| 2026-05 | −$8.60M |
| 2026-04 | −$4.11M |
| 2026-03 | −$10.71M |
| 2026-02 | $11.93M |
| 2026-01 | $539.95K |
C000046806 Debt Constituents
No individual debt constituents are reported in VIP Communication Services's latest SEC N-PORT filing.
C000046806 Prospectus and SEC Filings
Official VIP Communication Services filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-20
- Prospectus (485BPOS) — filed 2025-04-23
- Prospectus (485BPOS) — filed 2025-04-18
- 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 Communication Services 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.