ProFund Access VP High Yield

Data updated: 2026-08-28

C000226848 — ProFund Access VP High Yield. Alternative · $8.75M AUM · 1.64% expense ratio · 3.2% 1-yr return. Holdings, fees, performance and SEC filings.

C000226848 Fund Overview

ProFund Access VP High Yield is a US mutual fund managed by ProFunds, categorised as Alternative. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

Type: US mutual fund
Manager: ProFunds
Category: Alternative
Assets under management: $8.75M
1-year return: 3.2%
SEC CIK: 0001039803
SEC series ID: S000071541
Share class ID: C000226848

C000226848 Investment Objective and Strategy

ProFund Access VP High Yield describes its objective and strategy as follows, from its latest prospectus filed with the SEC by ProFunds.

Investment objective

ProFund Access VP High Yield (the Fund) seeks to provide investment results that correspond generally to the total return of the high yield market consistent with maintaining reasonable liquidity.

Principal investment strategy

If the Fund is successful in meeting its objective, its net asset value should generally gain value as the high yield market (i.e., U.S. corporate high yield debt market) is rallying (gaining value). Conversely, its net asset value should generally decrease in value as the high yield market is falling (losing value). The Fund is actively managed and seeks to achieve returns that are not directly correlated to any particular fixed income index. The Fund invests primarily in financial instruments that ProFund Advisors believes, in combination, should provide investment results that correspond generally to the high yield market consistent with maintaining reasonable liquidity. The Fund uses the Markit iBoxx $ Liquid High Yield Index as a performance benchmark only, and does not seek to track its performance.

Under normal circumstances, the Fund will invest at least 80% of its total assets in securities that provide exposure to the high yield market and/or in instruments with similar economic characteristics. The Fund will invest principally in the financial instruments listed below. ? Derivatives Financial instruments whose value is derived from the value of an underlying asset or rate, such as stocks, bonds, ETFs, interest rates or indexes. The Fund invests in derivatives (e.g. swap agreements) in order to gain exposure to the high yield market. These derivatives principally include: ? Swap Agreements Contracts entered into primarily with major global financial institutions for a specified period ranging from a day to more than one year. In a standard swap transaction, two parties agree to exchange or swap payments based on the change in value of an underlying asset or benchmark.

For example, two parties may agree to exchange the return (or differentials in rates of returns) earned or realized on a particular investment or instrument. ? Money Market Instruments The Fund expects that any cash balances maintained in connection with its use of derivatives will typically be held in high quality, short-term money market instruments, for example: ? U.S. Treasury Bills U.S. government securities that have initial maturities of one year or less, and are supported by the full faith and credit of the U.S. government. ? Repurchase Agreements Contracts in which a seller of securities, usually U.S. government securities or other money market instruments, agrees to buy the securities back at a specified time and price. The Fund seeks to maintain exposure to the high yield market regardless of market conditions and without taking defensive positions in cash or other instruments in anticipation of an adverse climate for the high yield market.

There is no assurance that the Fund will achieve its investment objective. Please see Investment Objectives, Principal Investment Strategies and Related Risks in the Funds Prospectus for additional details.

C000226848 Portfolio Allocation

Asset-class allocation of ProFund Access VP High Yield by percentage of net assets, from the latest SEC N-PORT filing.

Asset class	Allocation
Cash & Equivalents	91.8%

C000226848 Performance

Total returns for C000226848 (as of 2026-10-01), from SEC filings.

Period	Total return
YTD	0.8%
1 year	3.2%
3 years (annualised)	6.5%
5 years (annualised)	2.9%

C000226848 Risk Information

Risk metrics for C000226848, derived from monthly returns in SEC filings.

1-year volatility (annualised): 2.2%

C000226848 Costs and Fees

C000226848 costs about $164 per $10,000 invested per year in fund expenses.

Net expense ratio: 1.64%
Gross expense ratio: 1.64%
Portfolio turnover: 0%
Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)

C000226848 Cashflows

Over the 12 months to 2026-06, ProFund Access VP High Yield had net outflows of $5.21M, from monthly SEC N-PORT filings.

Month	Net flow
2026-06	−$147.10K
2026-05	$359.64K
2026-04	−$168.46K
2026-03	−$3.90M
2026-02	−$195.44K
2026-01	−$20.68K

C000226848 Debt Constituents

No individual debt constituents are reported in ProFund Access VP High Yield's latest SEC N-PORT filing.

C000226848 Prospectus and SEC Filings

Official ProFund Access VP High Yield filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

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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.