Guardian Short Duration Bond VIP Fund
Data updated: 2026-08-14
C000223919 — Guardian Short Duration Bond VIP Fund. Short Total / Aggregate Bond · $124.41M AUM. Holdings, fees, performance and SEC filings.
C000223919 Fund Overview
Guardian Short Duration Bond VIP Fund is a US mutual fund managed by Guardian Variable Products Trust, categorised as Short 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: Short Total / Aggregate Bond
- Assets under management: $124.41M
- 1-year return: 3.4%
- SEC CIK: 0001668512
- SEC series ID: S000070435
- Share class ID: C000223919
C000223919 Investment Objective and Strategy
Guardian Short Duration 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 preserve principal and meet liquidity needs while maximizing total return.
Principal investment strategy
"Allspring Global Investments, LLC (the ""Subadviser""), pursues the Fund's investment objective by investing, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of investment) in debt securities. The Fund's debt securities may include, without limitation: U.S. government securities, including securities issued by agencies or instrumentalities of the U.S. government; long- and short-term corporate debt obligations; mortgage-backed securities, including collateralized mortgage obligations (""CMOs"") and commercial mortgage-backed securities (""CMBS""); asset-backed securities, including collateralized loan obligations (""CLOs""); and U.S. dollar-denominated obligations of foreign governments, corporations and banks (i.e., Yankee Bonds); and money market instruments.
The Fund's CLO investments may include CLO tranches of any rating. The Subadviser's investment approach prioritizes sector allocation and security selection while de-emphasizing duration strategy as the primary source of excess return. The Subadviser emphasizes yield-advantaged sectors though consideration is given to the full spectrum of investment grade securities. Security selection is driven by a disciplined, robust, fundamental and quantitative credit analysis within a relative value framework. The Subadviser's relative value assessment focuses on the factors unique to each sector when evaluating securities for investment. It identifies securities with attractive risk/reward characteristics and believes pricing inefficiencies can be identified and captured to generate attractive risk adjusted returns.
A security is sold when it becomes overvalued on a relative basis or when proactive research indicates a deterioration of a security's risk-rating score or outlook. Under normal market conditions, the average duration of the Fund's portfolio is expected to be between 1 and 3 years and its average maturity is expected to be between 1 and 3 years. Duration is a measure of a bond price's sensitivity to a given change in interest rates. The Fund seeks to maintain a low duration but may lengthen or shorten its duration within that range to reflect changes in the overall composition of the short-term investment grade debt markets. The Fund may invest up to 10% of its total assets in below investment grade debt securities (commonly known as ""high-yield"" securities or ""junk"" bonds). 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 rate 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 Fund may enter into Treasury futures contracts (both long and short positions). The Fund may enter into these transactions for a variety of purposes, including, but not limited to, hedging various risks such as credit risk or interest rate risk; equitizing cash; generating income; adjusting the Fund's sensitivity to interest rate risk or other risk; and asset and sector allocation. The Fund may invest in other investment companies, including exchange-traded funds (""ETFs""), for cash management purposes or to seek exposure to a particular asset class.
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 other investments are considered more attractive."
C000223919 Holdings
Top 10 holdings of Guardian Short Duration Bond VIP Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| United States Treasury | 17.77% |
| FHLMC Multifamily Structured Pass Through Certs. | 5.56% |
| Fannie Mae | 4.00% |
| Freddie Mac | 3.82% |
| Fannie Mae | 3.67% |
| NextGear Floorplan Master Owner Trust | 2.41% |
| CARDS II Trust | 2.41% |
| General Motors | 2.33% |
| Verizon Master Trust | 2.33% |
| Hertz Vehicle Financing LLC | 2.33% |
C000223919 Portfolio Allocation
Asset-class allocation of Guardian Short Duration Bond VIP Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 50.0% |
| Securitized | 47.9% |
| Cash & Equivalents | 1.6% |
C000223919 Performance
Total returns for C000223919 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.0% |
| 1 year | 3.4% |
| 3 years (annualised) | 4.9% |
C000223919 Risk Information
Risk metrics for C000223919, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 1.1%
C000223919 Costs and Fees
C000223919 costs about $47 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.47%
- Gross expense ratio: 0.62%
- Portfolio turnover: 169%
- Brokerage commissions: 0.07 bps of average net assets (SEC N-CEN)
C000223919 Cashflows
Over the 12 months to 2026-06, Guardian Short Duration Bond VIP Fund had net outflows of $13.11M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$2.34M |
| 2026-05 | −$540.04K |
| 2026-04 | −$2.65M |
| 2026-03 | −$1.75M |
| 2026-02 | $611.42K |
| 2026-01 | −$2.18M |
C000223919 Debt Constituents
Largest debt holdings of Guardian Short Duration Bond VIP Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury | 17.77% |
| Mars, Inc. | 2.31% |
| Goldman Sachs Group, Inc. | 2.25% |
| Wells Fargo & Company | 2.04% |
| Bank Of America Corp. | 2.00% |
| Citibank Na | 1.97% |
| Morgan Stanley | 1.54% |
| Sprint Spectrum / Spec I | 1.33% |
| Dell Int LLC / Emc Corp. | 1.17% |
| JPMorgan Chase & Co. | 1.13% |
C000223919 Prospectus and SEC Filings
Official Guardian Short Duration 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 Short 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.