Mutual of America VIP Mid-Term Bond Portfolio
Data updated: 2023-11-16
C000214165 — Mutual of America VIP Mid-Term Bond Portfolio. Short Treasury / Sovereign Bond · $20.06M AUM. Holdings, fees, performance and SEC filings.
C000214165 Fund Overview
Mutual of America VIP Mid-Term Bond Portfolio is a US mutual fund managed by Mutual of America Variable Insurance Portfolios, categorised as Short Treasury / Sovereign Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Mutual of America Variable Insurance Portfolios
- Category: Short Treasury / Sovereign Bond
- Assets under management: $20.06M
- 1-year return: 1.8%
- SEC CIK: 0001776030
- SEC series ID: S000066364
- Share class ID: C000214165
C000214165 Investment Objective and Strategy
Mutual of America VIP Mid-Term Bond Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Mutual of America Variable Insurance Portfolios.
Investment objective
The primary investment objective of the Portfolio is to produce a high level of current income. The secondary investment objective is the preservation of shareholders capital.
Principal investment strategy
The Portfolio invests primarily in investment-grade debt securities. Under normal circumstances, at least 80% of the Portfolios total assets are invested in investment-grade securities issued by U.S. corporations or by the U.S. Government or its agencies, such as bonds, notes, debentures, zero coupon securities and mortgage-backed securities. Bonds are debt instruments that can be issued by the federal government, government agencies and subdivisions, states, cities, corporations and other institutions. Although the Portfolio only purchases investment-grade bonds, the Portfolio may continue to hold certain corporate bonds in the Portfolios portfolio that are downgraded to below investment grade, commonly referred to as high yield or junk bonds. The Adviser evaluates each security to be purchased and selects securities based on duration, seeking to maintain duration for the Portfolio overall within +/- 10% of the duration of its benchmark; credit quality as determined by fundamental financial analysis focused on the issuers ability to repay debt; and interest income anticipated to be generated.
The Portfolios securities holdings will have an average duration of three to seven years.
C000214165 Holdings
Top 10 holdings of Mutual of America VIP Mid-Term Bond Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| US Treas Nts 2.625% 05/31/27 | 7.25% |
| Fnma 0.5% 06/17/25 | 6.68% |
| US Treas Nts 1.5% 11/30/28 | 6.40% |
| Fhlb 0.83% 02/10/27 | 5.14% |
| Ffcb 4% 01/13/26 | 4.82% |
| US Treas Nts 1.625% 05/15/26 | 4.26% |
| Fhlb 0.5% 04/14/25 | 3.76% |
| US Treas Bds 4.125% 11/15/32 | 3.21% |
| US Treas Nts 1.5% 08/15/26 | 3.20% |
| US Treas Nts 2.375% 05/15/29 | 2.83% |
C000214165 Portfolio Allocation
Asset-class allocation of Mutual of America VIP Mid-Term Bond Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 77.0% |
| Securitized | 22.0% |
C000214165 Performance
Total returns for C000214165 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 1.8% |
| 3 years (annualised) | -3.0% |
C000214165 Risk Information
Risk metrics for C000214165, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.4%
C000214165 Costs and Fees
C000214165 costs about $55 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.55%
- Gross expense ratio: 1.44%
- Portfolio turnover: 27%
- Brokerage commissions: 0.03 bps of average net assets (SEC N-CEN)
C000214165 Cashflows
Over the 12 months to 2023-09, Mutual of America VIP Mid-Term Bond Portfolio had net inflows of $994.45K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-09 | −$124.74K |
| 2023-08 | −$124.80K |
| 2023-07 | −$22.77K |
| 2023-06 | −$57.03K |
| 2023-05 | $61.83K |
| 2023-04 | −$74.10K |
C000214165 Debt Constituents
Largest debt holdings of Mutual of America VIP Mid-Term Bond Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| US Treas Nts 2.625% 05/31/27 | 7.25% |
| US Treas Nts 1.5% 11/30/28 | 6.40% |
| Ffcb 4% 01/13/26 | 4.82% |
| US Treas Nts 1.625% 05/15/26 | 4.26% |
| US Treas Bds 4.125% 11/15/32 | 3.21% |
| US Treas Nts 1.5% 08/15/26 | 3.20% |
| US Treas Nts 2.375% 05/15/29 | 2.83% |
| US Treas Nts 1.125% 02/15/31 | 2.56% |
| US Treas Nts 0.5% 04/30/27 | 2.55% |
| US Treas Nts 0.5% 10/31/27 | 2.13% |
C000214165 Prospectus and SEC Filings
Official Mutual of America VIP Mid-Term Bond Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-04-25
- Prospectus (485BPOS) — filed 2022-04-28
- Prospectus (485BPOS) — filed 2021-04-29
- Portfolio holdings (N-PORT) — filed 2023-11-16
- Portfolio holdings (N-PORT) — filed 2023-08-18
- Portfolio holdings (N-PORT) — filed 2023-05-18
- Annual census (N-CEN) — filed 2023-03-09
- Annual census (N-CEN) — filed 2022-03-14
Related Funds
Other Short Treasury / Sovereign 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.