Guardian Core Fixed Income VIP Fund

C000223917 Fund Overview

Guardian Core Fixed Income 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: $317.90M
• 1-year return: 3.6%
• SEC CIK: 0001668512
• SEC series ID: S000070433
• Share class ID: C000223917

C000223917 Investment Objective and Strategy

Guardian Core Fixed Income 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 level of current income and capital appreciation without undue risk to principal.

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 investment grade debt securities of all types and repurchase agreements for those securities. The Fund's debt securities may include without limitation: long- and short-term corporate debt obligations; mortgage-backed, mortgage-related, and other asset-backed securities; convertible bonds; U.S. government securities, including securities issued by agencies or instrumentalities of the U.S. government; and U.S. dollar-denominated obligations of foreign governments, corporations and banks (i.e., Yankee Bonds). FIAM LLC (the ""Subadviser"") uses bond market sector allocation, comprehensive credit analysis and yield curve positioning to select securities for the Fund.

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 average duration of the Fund's portfolio is expected to be between 3 and 10 years. Duration is a measure of a bond price's sensitivity to changes in interest rates. The Fund may lengthen or shorten its duration within the intermediate range to reflect changes in the overall composition of the investment grade debt markets. An investment grade security is one that is rated BBB- (or its equivalent) and higher by a credit rating agency registered as a nationally recognized statistical rating organization (""NRSRO""), or, if unrated, has been determined by the Subadviser to be of comparable quality. Although the Fund primarily invests in domestic securities, up to 20% of the Fund's assets may be invested in foreign debt securities, which may be denominated in foreign currencies.

The Fund may purchase or sell securities on a when-issued, to-be-announced (""TBA""), delayed delivery or forward commitment basis and may engage in short-term trading of portfolio securities. There is no limitation on the maturity of any specific security the Fund may purchase, and the Fund may sell any security before it matures. The Fund may also utilize dollar roll transactions to obtain market exposure to certain types of securities, particularly mortgage-backed securities. A mortgage dollar roll transaction involves a sale by a Fund of a mortgage-backed security concurrently with an agreement by the Fund to repurchase a similar security at a later date at an agreed-upon price. The Fund may enter into exchange-traded or over-the-counter derivatives transactions of any kind, such as futures contracts (both long and short positions), options on futures, and swap contracts, including, for example, interest rate swaps and credit default swaps.

The Fund also may enter into exchange-traded or over-the-counter foreign currency exchange transactions, including currency futures, forward, and option transactions. The Fund may enter into any of these transactions for a variety of purposes, including, but not limited to, hedging various risks such as credit risk, interest rate risk, currency risk, and liquidity risk; taking a net long or short position in certain investments or markets; providing liquidity in the Fund; equitizing cash; minimizing transaction costs; generating income; adjusting the Fund's sensitivity to interest rate risk, currency risk, or other risk; replicating certain direct investments; and asset and sector allocation. Derivative instruments that provide investment exposure to the investments above or exposure to one or more market risk factors associated with such investments are included in the fund's 80% policy, consistent with the fund's investment policies and limitations with respect to investments in derivatives.

The Fund may also invest in other investment companies, including exchange-traded funds (""ETFs""), for cash management purposes or to seek exposure to a particular asset class. In addition, the Fund may invest in commercial mortgage-backed securities (""CMBS"") and collateralized loan obligations (""CLOs""). The Subadviser regularly reviews the Fund's investments and may sell investments when it believes the securities are no longer attractive due to valuation, changes in the fundamental outlook of the company or if it considers other investments more attractive."

C000223917 Holdings

Top 10 holdings of Guardian Core Fixed Income VIP Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all C000223917 holdings

C000223917 Portfolio Allocation

Asset-class allocation of Guardian Core Fixed Income VIP Fund by percentage of net assets, from the latest SEC N-PORT filing.

C000223917 Performance

Total returns for C000223917 (as of 2026-10-01), from SEC filings.

C000223917 Risk Information

Risk metrics for C000223917, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 3.1%

C000223917 Costs and Fees

C000223917 costs about $57 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.57%
• Gross expense ratio: 0.57%
• Portfolio turnover: 116%
• Brokerage commissions: 0.17 bps of average net assets (SEC N-CEN)

C000223917 Cashflows

Over the 12 months to 2026-06, Guardian Core Fixed Income VIP Fund had net outflows of $36.00M, from monthly SEC N-PORT filings.

C000223917 Debt Constituents

Largest debt holdings of Guardian Core Fixed Income VIP Fund by percentage of net assets, from the latest SEC N-PORT filing.

C000223917 Prospectus and SEC Filings

Official Guardian Core Fixed Income 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:

• Dodge & Cox Income Fund (DODIX)
• Bond Fund Of America (ABNDX)
• Fidelity U.S. Bond Index Fund (FUBFX)
• Baird Aggregate Bond Fund (BAGIX)
• PGIM Total Return Bond Fund (PDBAX)

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.