LVIP SSGA International Managed Volatility Fund
Data updated: 2026-08-06
C000131277 — LVIP SSGA International Managed Volatility Fund. Holdings, fees, performance and SEC filings.
C000131277 Fund Overview
LVIP SSGA International Managed Volatility Fund is a US mutual fund managed by Lincoln Variable Insurance Products Trust, 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: Lincoln Variable Insurance Products Trust
- Category: United States Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $272.53M
- 1-year return: 19.9%
- SEC CIK: 0000914036
- SEC series ID: S000042342
- Share class ID: C000131277
C000131277 Investment Objective and Strategy
LVIP SSGA International 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 SSGA International Managed Volatility Fund (the “Fund”) is to seek capital appreciation.
Principal investment strategy
The Fund, under normal circumstances, pursues its investment objective by primarily investing in another mutual fund, the LVIP SSGA International Index Fund, an affiliate of the adviser, (the Underlying Fund), while seeking to control the level of portfolio volatility by employing an actively managed risk-management overlay. Underlying Fund Strategy. The Underlying Fund seeks to approximate as closely as practicable, before fees and expenses, the performance of a broad market index of non-U.S. foreign securities. The Underlying Fund invests primarily in the securities of companies located in developed countries outside the United States. When evaluating the Underlying Funds performance, the MSCI EAFE Index* is used as the benchmark. The MSCI EAFE Index is a stock market index of foreign stock from 21 developed markets, but excludes those from the U.S.
and Canada. The index targets coverage of 85% of the market capitalization of the equity market of all countries that are part of the index. The Underlying Fund may invest a large percentage of its assets in issuers located in a single country, a small number of countries, or a particular geographic region. The Underlying Fund, under normal circumstances, invests at least 90% of its assets, determined at the time of purchase, in stocks held by the benchmark. The Underlying Fund invests in stock index futures to maintain market exposure and manage cash flow. The Underlying Fund may purchase other types of securities that are not primarily investment vehicles, for example American Depository Receipts, Global Depositary Receipts, European Depositary Receipts, international equity exchange-traded funds (ETFs) and cash equivalents.
Although the Underlying Fund may employ foreign currency hedging techniques, it normally maintains the currency exposure of the underlying equity investments. * MSCI and EAFE are trademarks of MSCI Inc. (MSCI), and the Underlying Fund has obtained a license to use and to refer to these trademarks and the MSCI EAFE Index. The Underlying Fund referred to herein is not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such Underlying Fund or any index on which such Underlying Fund is based. 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.
C000131277 Holdings
Top 5 holdings of LVIP SSGA International Managed Volatility Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| LVIP State Street International Index Fund | 95.05% |
| State Street Institutional US Government Money Market Fund | 4.51% |
| Osaka Exchange | 0.10% |
| Eurex Deutschland | 0.09% |
| ICE Futures Europe - Financial Products Division | 0.01% |
C000131277 Portfolio Allocation
Asset-class allocation of LVIP SSGA International Managed Volatility Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 95.0% |
| Cash & Equivalents | 4.5% |
| Derivatives | 0.1% |
C000131277 Performance
Total returns for C000131277 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 10.0% |
| 1 year | 19.9% |
| 3 years (annualised) | 14.1% |
| 5 years (annualised) | 7.1% |
C000131277 Risk Information
Risk metrics for C000131277, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 13.8%
C000131277 Costs and Fees
C000131277 costs about $62 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.62%
- Gross expense ratio: 0.69%
- Portfolio turnover: 5%
- Brokerage commissions: 0.50 bps of average net assets (SEC N-CEN)
C000131277 Cashflows
Over the 12 months to 2026-06, LVIP SSGA International Managed Volatility Fund had net outflows of $49.39M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$4.44M |
| 2026-05 | −$1.39M |
| 2026-04 | −$4.26M |
| 2026-03 | −$5.98M |
| 2026-02 | −$8.03M |
| 2026-01 | −$5.68M |
C000131277 Debt Constituents
No individual debt constituents are reported in LVIP SSGA International Managed Volatility Fund's latest SEC N-PORT filing.
C000131277 Prospectus and SEC Filings
Official LVIP SSGA International 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 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.