Moderate Allocation Portfolio
Data updated: 2026-08-28
C000102906 — Moderate Allocation Portfolio. United States Multi-Cap / All-Cap Blend / Core Equity · $798.04M AUM. Holdings, fees, performance and SEC filings.
C000102906 Fund Overview
Moderate Allocation Portfolio is a US mutual fund managed by Vanguard Variable Insurance Funds, categorised as United States Multi-Cap / All-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: Vanguard Variable Insurance Funds
- Category: United States Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $798.04M
- 1-year return: 15.9%
- SEC CIK: 0000857490
- SEC series ID: S000033474
- Share class ID: C000102906
C000102906 Investment Objective and Strategy
Moderate Allocation Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Vanguard Variable Insurance Funds.
Investment objective
Vanguard Variable Insurance Funds Moderate Allocation Portfolio (the Fund) seeks to provide current income and low to moderate capital appreciation.
Principal investment strategy
The Fund invests in a mix of Vanguard mutual funds and other portfolios of Vanguard Variable Insurance Funds (collectively, the Underlying Funds) according to an asset allocation strategy that reflects an allocation of approximately 60% of the Funds assets to common stocks and 40% to fixed income securities. The targeted percentage of the Funds assets allocated to the underlying asset classes is: Large-cap U.S. stocks - 32% U.S. fixed income securities - 28% Foreign stocks - 24% Foreign fixed income securities - 12% Small- and mid-cap U.S. stocks - 4% The Funds indirect stock holdings are a diversified mix of U.S. and foreign large-, mid-, and small-capitalization stocks. The Funds indirect fixed income holdings are a diversified mix of short-, intermediate-, and long-term U.S. government, U.S.
agency, and investment-grade U.S. corporate bonds; mortgage-backed and asset-backed securities; and government, agency, corporate, and investment-grade foreign bonds issued in currencies other than the U.S. dollar (but hedged by the advisor, typically with foreign currency exchange forward contracts, to minimize foreign currency exposure). The Fund uses its investment in large-cap U.S. stocks and small- and mid-cap U.S. stocks to gain exposure to the overall domestic stock market. Although the percentage of the Funds assets invested in either of these two asset classes may deviate slightly from the target allocation, the combination of the two asset classes will equal approximately 36% of the Funds assets in the aggregate. The board of trustees of Vanguard Variable Insurance Funds may change the targeted allocation to the underlying asset classes without shareholder approval.
C000102906 Holdings
Top 6 holdings of Moderate Allocation Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Vanguard VIF Equity Index Portfolio | 32.25% |
| Vanguard VIF Total Bond Market Index Portfolio | 27.45% |
| Vanguard Total International Stock Index Fund | 24.26% |
| Vanguard Total International Bond Index Fund | 11.59% |
| Vanguard Extended Market Index Fund | 4.49% |
| Vanguard Cmt Funds-Vanguard Market Liquidity Fund | 0.17% |
C000102906 Portfolio Allocation
Asset-class allocation of Moderate Allocation Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 100.0% |
| Cash & Equivalents | 0.2% |
C000102906 Performance
Total returns for C000102906 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 7.7% |
| 1 year | 15.9% |
| 3 years (annualised) | 13.5% |
| 5 years (annualised) | 6.7% |
C000102906 Risk Information
Risk metrics for C000102906, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 8.4%
C000102906 Costs and Fees
C000102906 costs about $12 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.12%
- Gross expense ratio: 0.12%
- Portfolio turnover: 10%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000102906 Cashflows
Over the 12 months to 2026-06, Moderate Allocation Portfolio had net inflows of $36.42M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$1.37M |
| 2026-05 | $4.71M |
| 2026-04 | $1.05M |
| 2026-03 | $47.31M |
| 2026-02 | −$3.77M |
| 2026-01 | −$3.13M |
C000102906 Debt Constituents
No individual debt constituents are reported in Moderate Allocation Portfolio's latest SEC N-PORT filing.
C000102906 Prospectus and SEC Filings
Official Moderate Allocation Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-28
- Prospectus (485BPOS) — filed 2025-04-29
- Prospectus supplement (497) — filed 2025-02-03
- Portfolio holdings (N-PORT) — filed 2026-08-28
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2026-03-12
- Annual census (N-CEN) — filed 2025-03-13
Related Funds
Other United States Multi-Cap / All-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.