Victory S&P 500 Index VIP Series
Data updated: 2025-08-28
C000168427 — Victory S&P 500 Index VIP Series. United States Large Cap Blend / Core Equity · $89.13M AUM. Holdings, fees, performance and SEC filings.
C000168427 Fund Overview
Victory S&P 500 Index VIP Series is a US mutual fund managed by Victory Variable Insurance Funds, 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: Victory Variable Insurance Funds
- Category: United States Large Cap Blend / Core Equity
- Assets under management: $89.13M
- 1-year return: 15.6%
- SEC CIK: 0001068663
- SEC series ID: S000053591
- Share class ID: C000168427
C000168427 Investment Objective and Strategy
Victory S&P 500 Index VIP Series describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Victory Variable Insurance Funds.
Investment objective
"The S&P 500 Index VIP Series (""Fund"") seeks to track the investment performance of the Standard & Poor's 500 Composite Stock Price Index (""S&P 500""), which emphasizes securities issued by large U.S. companies."
Principal investment strategy
"The Adviser pursues the Fund's investment objective by investing primarily in stocks of companies included in the S&P 500 Index (""S&P 500"" or ""Index""). To replicate the performance of the S&P 500, the Adviser purchases and maintains all or substantially all of the securities included in the S&P 500, in approximately the same percentages as such securities are included in the S&P 500. Because the Fund seeks to track the performance of the S&P 500, the Adviser does not actively determine the stock selection or sector allocation. The percentage weighting of a particular security in the S&P 500 is determined by that security's relative total market capitalization. The Fund normally invests at least 95% of its net assets in the stocks of companies included in the S&P 500.
The S&P 500 is an unmanaged index of 500 common stocks selected by Standard & Poor's as representative of a broad range of industries within the U.S. economy, including foreign securities. The S&P 500 is composed primarily of stocks issued by large-capitalization companies. The securities selected for the portfolio are those securities that are included in the S&P 500, in approximately the same percentages as those securities are included in the Index. The percentage weighting of a particular security in the S&P 500 is determined by that security's relative total market capitalization, which is the market price per share of the security multiplied by the number of shares outstanding. To track the S&P 500 as closely as possible, the Fund attempts to remain fully invested in stocks.
The Adviser uses futures contracts to manage cash, accrued dividends and other non-performing assets in an effort to minimize performance disparity between the Fund and the Index."
C000168427 Holdings
Top 10 holdings of Victory S&P 500 Index VIP Series by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corporation | 6.90% |
| Microsoft Corporation | 6.80% |
| Apple Inc. | 5.71% |
| Amazon.com, Inc. | 3.89% |
| Meta Platforms, Inc. | 2.99% |
| Broadcom Inc. | 2.37% |
| Alphabet Inc. | 1.91% |
| Alphabet Inc. | 1.68% |
| Tesla, Inc. | 1.66% |
| JPMorgan Chase & Co. | 1.50% |
C000168427 Portfolio Allocation
Asset-class allocation of Victory S&P 500 Index VIP Series by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.4% |
| Cash & Equivalents | 0.1% |
C000168427 Performance
Total returns for C000168427 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 15.6% |
| 3 years (annualised) | 19.8% |
| 5 years (annualised) | 16.4% |
C000168427 Risk Information
Risk metrics for C000168427, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 12.9%
C000168427 Costs and Fees
C000168427 costs about $28 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.28%
- Gross expense ratio: 0.41%
- Portfolio turnover: 3%
- Brokerage commissions: 0.21 bps of average net assets (SEC N-CEN)
C000168427 Cashflows
Over the 12 months to 2025-06, Victory S&P 500 Index VIP Series had net outflows of $9.86M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2025-06 | −$1.45M |
| 2025-05 | −$126.55K |
| 2025-04 | −$1.60M |
| 2025-03 | −$191.27K |
| 2025-02 | −$2.02M |
| 2025-01 | −$908.74K |
C000168427 Debt Constituents
No individual debt constituents are reported in Victory S&P 500 Index VIP Series's latest SEC N-PORT filing.
C000168427 Prospectus and SEC Filings
Official Victory S&P 500 Index VIP Series filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-04-14
- Prospectus (485BPOS) — filed 2024-04-15
- Prospectus (485BPOS) — filed 2023-04-14
- Portfolio holdings (N-PORT) — filed 2025-08-28
- Portfolio holdings (N-PORT) — filed 2025-05-29
- Portfolio holdings (N-PORT) — filed 2025-02-27
- Annual census (N-CEN) — filed 2025-03-13
- Annual census (N-CEN) — filed 2024-03-15
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.