LVIP Fidelity Institutional AM Select Core Equity Managed Volatility Fund
Data updated: 2026-08-06
C000124878 — LVIP Fidelity Institutional AM Select Core Equity Managed Volatility Fund. Holdings, fees, performance and SEC filings.
C000124878 Fund Overview
LVIP Fidelity Institutional AM Select Core Equity Managed Volatility Fund is a US mutual fund managed by Lincoln Variable Insurance Products Trust, 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: Lincoln Variable Insurance Products Trust
- Category: United States Large Cap Blend / Core Equity
- Assets under management: $533.64M
- 1-year return: 21.6%
- SEC CIK: 0000914036
- SEC series ID: S000040169
- Share class ID: C000124878
C000124878 Investment Objective and Strategy
LVIP Fidelity Institutional AM Select Core Equity 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 Select Core Equity Managed Volatility Fund (the “Fund”) is to seek capital appreciation.
Principal investment strategy
The Fund operates under a fund of funds structure. The Fund pursues its investment objective by primarily investing in other mutual funds (the underlying funds), while seeking to control the level of portfolio volatility by employing an actively managed risk management overlay. Select Core Equity Strategy. Under normal circumstances, the Fund, through the underlying funds, invests at least 80% of its assets in a portfolio of investments that provide exposure to equity securities. The underlying funds may invest in securities of foreign issuers, in addition to securities of domestic issuers. The Fund does not impose a limitation on the geographical locations or percentage of holdings of domestic and foreign issuers of the securities which the Fund holds through the underlying funds. Certain underlying funds invest in securities of companies whose value, in the opinion of such underlying funds management, is not fully recognized by the public.
The types of companies in which certain underlying funds may invest include companies experiencing positive fundamental change, such as a new management team or product launch, a significant cost-cutting initiative, a merger or acquisition, or a reduction in industry capacity that should lead to improved pricing; companies whose earning potential has increased or is expected to increase more than generally perceived; companies that have enjoyed recent market popularity but which appear to have fallen temporarily out of favor for reasons that are considered non-recurring or short-term; and companies that are undervalued in relation to securities of other companies in the same industry. Certain underlying funds invest primarily in income-producing equity securities. An emphasis on above-average income-producing equity securities tends to lead to investments in large cap value stocks.
Value companies tend to have stock prices that are low relative to their earnings, dividends, assets, or other financial measures. Certain underlying funds also may invest in other types of equity securities and debt securities, including lower-quality debt securities. Certain underlying funds management use fundamental analysis of factors such as each issuers financial condition and industry position, as well as market and economic conditions to select investments. The adviser will also periodically rebalance the weightings in the underlying funds held by the Fund to the current asset allocation strategy. In general, the adviser does not anticipate making frequent changes in the asset allocation strategy and will not attempt to time the market. The Fund intends to allocate to underlying funds including, but not limited to, the Fidelity VIP Contrafund Portfolio (in an amount initially expected to be 70% of the portion of the Funds assets not subject to the overlay) and the Fidelity VIP Equity-Income Portfolio (in an amount initially expected to be 30% of the portion of the Funds assets not subject to the overlay).
The allocation to these underlying funds may 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.
C000124878 Holdings
Top 4 holdings of LVIP Fidelity Institutional AM Select Core Equity Managed Volatility Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fidelity VIP Contrafund Portfolio | 68.07% |
| Fidelity VIP Equity Income Portfolio | 28.89% |
| State Street Institutional US Government Money Market Fund | 2.83% |
| Chicago Mercantile Exchange | 0.08% |
C000124878 Portfolio Allocation
Asset-class allocation of LVIP Fidelity Institutional AM Select Core Equity Managed Volatility Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 97.0% |
| Cash & Equivalents | 2.8% |
| Derivatives | 0.1% |
C000124878 Performance
Total returns for C000124878 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 10.7% |
| 1 year | 21.6% |
| 3 years (annualised) | 20.8% |
| 5 years (annualised) | 12.7% |
C000124878 Risk Information
Risk metrics for C000124878, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 11.3%
C000124878 Costs and Fees
C000124878 costs about $66 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.66%
- Gross expense ratio: 1.33%
- Portfolio turnover: 15%
- Brokerage commissions: 0.11 bps of average net assets (SEC N-CEN)
C000124878 Cashflows
Over the 12 months to 2026-06, LVIP Fidelity Institutional AM Select Core Equity Managed Volatility Fund had net outflows of $8.93M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$12.84M |
| 2026-05 | −$4.35M |
| 2026-04 | −$6.70M |
| 2026-03 | −$8.29M |
| 2026-02 | −$5.42M |
| 2026-01 | −$8.62M |
C000124878 Debt Constituents
No individual debt constituents are reported in LVIP Fidelity Institutional AM Select Core Equity Managed Volatility Fund's latest SEC N-PORT filing.
C000124878 Prospectus and SEC Filings
Official LVIP Fidelity Institutional AM Select Core Equity 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 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.