LVIP Goldman Sachs Income Builder Fund

C000139573 Fund Overview

LVIP Goldman Sachs Income Builder Fund is a US mutual fund managed by Lincoln Variable Insurance Products Trust, categorised as Commodity. 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: Commodity
• Assets under management: $29.19M
• SEC CIK: 0000914036
• SEC series ID: S000045001
• Share class ID: C000139573

C000139573 Investment Objective and Strategy

LVIP Goldman Sachs Income Builder 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 Goldman Sachs Income Builder Fund (the “Fund”) is to seek a balance of current income and capital appreciation.

Principal investment strategy

The Fund seeks to provide income through investments in fixed income securities (bonds) and high dividend paying equities, preferred equities and other similar securities (stocks). The Fund seeks to achieve capital appreciation primarily through equity securities. The percentage of the portfolio invested in equity and fixed income securities will vary from time to time as the sub-adviser evaluates such securities relative attractiveness based on, among other factors, income opportunities, market valuations, economic growth and inflation prospects. The Fund has a baseline allocation to fixed income securities of 60% and to equity securities of 40%. Equity Investments The Fund may invest in equity investments, which include, among others, U.S. common stocks, preferred stocks and American Depositary Receipts (ADRs) of U.S.

and foreign issuers (including issuers in countries with emerging markets or economies (emerging countries)), as well as master limited partnerships (MLPs), real estate investment trusts (REITs) and affiliated and unaffiliated investment companies, including exchange-traded funds (ETFs). With respect to the equity portion of the Funds portfolio, the sub-adviser employs a value investment philosophy and seeks to identify quality businesses selling at compelling valuations. The sub-adviser expects that equity investments will be weighted in favor of companies which pay dividends or other current income. While the Fund may invest in companies of any market capitalization, the sub-adviser will typically favor equity securities of large-cap companies that are, at the time of investment, within the range of the market capitalization of the Russell 1000 Value Index.

Fixed Income Investments The Fund may invest in fixed income investments. The Funds fixed income investments may include, among others: Securities issued by corporations, banks and other issuers, including non-investment grade securities Securities issued or guaranteed by the U.S. government, its agencies, instrumentalities or sponsored enterprises (U.S. Government Securities) Securities issued or guaranteed by foreign governments or any of their political subdivisions, agencies, or instrumentalities and foreign corporations or other entities. The Fund may also seek to obtain exposure to these investments through investments in affiliated or unaffiliated investment companies, including ETFs. The Funds investments in foreign fixed income securities may include securities of foreign issuers (including issuers in emerging countries) and securities denominated in a currency other than the U.S.

dollar. The Fund may invest in both non-investment grade and investment grade fixed income securities. Non-investment grade fixed income securities (commonly known as junk bonds) are those which are rated BB+ or lower by Standard & Poors Ratings Services (Standard & Poors), or Moodys Investors Service, Inc. (Moodys), or have a comparable rating by another nationally recognized statistical rating organization (NRSRO) (or, if unrated, determined by the sub-adviser to be of comparable credit quality), at the time of investment. Non-investment grade securities may include, among others, non-investment grade bonds, non-investment grade floating rate loans and other floating or variable rate obligations. The Fund does not maintain a fixed target duration. Additional Information In addition to direct investments in equity and fixed income securities, the Fund may invest in derivatives, including credit default swaps (including credit default index swaps or CDX), total return swaps and futures, which can be used for both hedging purposes and to seek to increase total return.

The Fund may also utilize various interest rate-related derivatives, including futures and swaps, to manage the duration of its fixed income positions. Additionally, the Fund may hedge its non-dollar investments back to the U.S. dollar through the use of foreign currency derivatives, including currency futures and forward foreign currency contracts, or invest in such instruments for speculative purposes. The sub-adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the sub-advisers outlook based on subsequent events, the sub-advisers ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes.

C000139573 Costs and Fees

C000139573 costs about $102 per $10,000 invested per year in fund expenses.

• Net expense ratio: 1.02%
• Gross expense ratio: 1.29%
• Portfolio turnover: 33%
• Brokerage commissions: 1.32 bps of average net assets (SEC N-CEN)

C000139573 Cashflows

Over the 12 months to 2019-09, LVIP Goldman Sachs Income Builder Fund had net inflows of $2.12M, from monthly SEC N-PORT filings.

C000139573 Debt Constituents

No individual debt constituents are reported in LVIP Goldman Sachs Income Builder Fund's latest SEC N-PORT filing.

C000139573 Prospectus and SEC Filings

Official LVIP Goldman Sachs Income Builder Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2019-05-15
• Prospectus (485BPOS) — filed 2018-05-15
• Prospectus (485BPOS) — filed 2017-05-19
• Portfolio holdings (N-PORT) — filed 2019-11-22
• Annual census (N-CEN) — filed 2019-03-14

Related Funds

Other Commodity funds tracked on ABC INVEST:

• VanEck Vectors Gold Miners ETF (GDX)
• VanEck Vectors Junior Gold Miners ETF (GDXJ)
• Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC)
• PIMCO CommoditiesPLUS Strategy Fund (PCLAX)
• First Eagle Gold Fund (SGGDX)

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.