Guardian Multi-Sector Bond VIP Fund
Data updated: 2026-08-14
C000200219 — Guardian Multi-Sector Bond VIP Fund. Long Total / Aggregate Bond · $151.26M AUM. Holdings, fees, performance and SEC filings.
C000200219 Fund Overview
Guardian Multi-Sector Bond VIP Fund is a US mutual fund managed by Guardian Variable Products Trust, categorised as Long Total / Aggregate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Guardian Variable Products Trust
- Category: Long Total / Aggregate Bond
- Assets under management: $151.26M
- 1-year return: 4.8%
- SEC CIK: 0001668512
- SEC series ID: S000061841
- Share class ID: C000200219
C000200219 Investment Objective and Strategy
Guardian Multi-Sector Bond VIP Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Guardian Variable Products Trust.
Investment objective
The Fund seeks to provide a high current income
Principal investment strategy
"Under normal circumstances, the Fund invests at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of investment) in fixed income investments. The Fund's fixed income investments include: U.S. and foreign corporate debt securities; U.S. government securities and securities of foreign governments (which may include securities issued, guaranteed or otherwise backed by the government or its agencies, instrumentalities or other sponsored enterprises such as agency mortgage-backed securities) and supranational entities; U.S. and foreign below investment grade bonds; mortgage- and other asset-backed securities, including collateralized mortgage obligations (""CMOs"") and collateralized loan obligations (""CLOs""); inflation-linked investments (e.g., Treasury Inflation-Protected Securities or ""TIPS""); and cash-equivalent instruments.
The Fund's CLO investments may include CLO tranches of any rating. The Fund's investments may also include ""tax credit bonds"" (including Build America Bonds, clean renewable energy bonds and qualified tax credit bonds) and tax-exempt bonds as well as loans of any maturity and credit quality, including ""covenant-lite"" loans. The Fund may also invest in credit risk transfer securities (""CRTs"") and in securities that have contractual restrictions that prohibit or limit their public resale, which may include Rule 144A securities. The Fund may also invest in equity-related instruments including convertible and preferred securities and warrants. The Fund's foreign investments may include debt securities issued by emerging markets countries and companies whose principal business activities are located in emerging market countries.
The Subadviser generally considers countries included in the MSCI Emerging Markets Index to be emerging market countries, but may consider other factors in determining whether an issuer is situated in an emerging market country. The Fund may, from time to time, invest a substantial portion of its assets in issuers in any country or group of countries. In addition, a substantial portion of the Fund's assets may be invested in agency residential and commercial mortgage- and other asset-backed securities. In addition, as a substitute for investments directly in debt securities, the Fund may seek exposure to such debt securities through investments in exchange-traded funds (""ETFs""), which may include ETFs affiliated with Janus Henderson Investors US LLC (the ""Subadviser""). Under certain market conditions, the Fund may use derivative instruments including futures contracts, options, swaps, and forward contracts to seek to (i) hedge various investments, (ii) manage or adjust duration and yield curve positioning, (iii) manage risk, (iv) enhance potential returns, or (v) as substitutes for permitted Fund investments.
Duration is a measure of a bond price's sensitivity to changes in interest rates. Yield curve positioning represents the relationship between the interest rates of bonds having the same credit quality but different maturity dates. Under normal market conditions, the Fund may invest up to 65% of its net assets in below investment grade securities or unrated securities considered by the Subadviser to be of comparable quality (commonly referred to as ""high yield"" or ""junk"" bonds). The limit may be exceeded on a temporary basis under unusual circumstances, such as when new issue allocations are higher than expected. An investment is considered below investment grade if it is rated Ba1 by Moody's Investors Service, Inc. or BB+ by Standard & Poor's Ratings Group or Fitch Ratings Inc., or lower or, if unrated, is considered by the Subadviser to be of comparable quality.
The Fund will consider a security to be below investment grade if at least two of the three rating agencies rates it below investment grade as described above. When a rating from only two of the rating agencies is available, the lower rating will be used. The Subadviser allocates the Fund's investments based on its detailed analysis of market, economic, political, and other factors, and of the potential for the various obligations to provide high current income and/or capital appreciation. The Subadviser selects specific investments for the Fund by considering a wide variety of factors, including yield, potential for appreciation in value, the credit quality of the issuer or collateral, maturity, and the degree of perceived risk associated with a specific investment relative to the potential for favorable investment returns and to other investments.
The Subadviser typically may sell investments when it believes that they no longer offer attractive potential future returns compared to other investment opportunities or that they present undesirable risks, or in an attempt to limit losses on investments that may decline or have declined in value."
C000200219 Holdings
Top 10 holdings of Guardian Multi-Sector Bond VIP Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Umbs, Tba | 5.75% |
| Umbs, Tba | 3.64% |
| Umbs, Tba | 3.32% |
| Umbs, Tba | 3.06% |
| Umbs, Tba | 2.87% |
| Janus Henderson Emerging Markets Debt Hard Currency ETF | 2.80% |
| Fixed Income Clearing Corp. | 2.70% |
| Umbs, Tba | 2.01% |
| Government National Mortgage Association | 1.70% |
| Umbs, Tba | 1.46% |
C000200219 Portfolio Allocation
Asset-class allocation of Guardian Multi-Sector Bond VIP Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Securitized | 75.3% |
| Fixed Income | 32.2% |
| Loans | 13.7% |
| Equity | 4.4% |
| Cash & Equivalents | 2.7% |
C000200219 Performance
Total returns for C000200219 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.1% |
| 1 year | 4.8% |
| 3 years (annualised) | 4.8% |
| 5 years (annualised) | -0.5% |
C000200219 Risk Information
Risk metrics for C000200219, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.3%
C000200219 Costs and Fees
C000200219 costs about $96 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.96%
- Gross expense ratio: 0.98%
- Portfolio turnover: 204%
- Brokerage commissions: 1.03 bps of average net assets (SEC N-CEN)
C000200219 Cashflows
Over the 12 months to 2026-06, Guardian Multi-Sector Bond VIP Fund had net outflows of $24.07M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$3.17M |
| 2026-05 | −$99.11K |
| 2026-04 | −$3.37M |
| 2026-03 | −$3.02M |
| 2026-02 | −$26.62K |
| 2026-01 | −$2.75M |
C000200219 Debt Constituents
Largest debt holdings of Guardian Multi-Sector Bond VIP Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Granite Ridge Resources | 0.55% |
| Sunoco LP | 0.52% |
| Tallgrass Nrg Prtnr/fin | 0.48% |
| Humana, Inc. | 0.46% |
| Itt Holdings LLC | 0.44% |
| Jane Street Grp/jsg Fin | 0.43% |
| Alpha Generation LLC | 0.43% |
| Teva Pharm Fin Co. LLC | 0.42% |
| Hess Midstream Operation | 0.40% |
| Burford Capital Glbl Fin | 0.39% |
C000200219 Prospectus and SEC Filings
Official Guardian Multi-Sector Bond VIP Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-28
- Prospectus (485BPOS) — filed 2025-04-28
- Prospectus (485BPOS) — filed 2024-04-25
- Portfolio holdings (N-PORT) — filed 2026-08-14
- Portfolio holdings (N-PORT) — filed 2026-05-26
- Portfolio holdings (N-PORT) — filed 2026-02-18
- Annual census (N-CEN) — filed 2026-03-06
- Annual census (N-CEN) — filed 2025-03-06
Related Funds
Other Long Total / Aggregate Bond 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.