AVIP AB Relative Value Portfolio
Data updated: 2026-08-26
C000232289 — AVIP AB Relative Value Portfolio. United States Large Cap Value Equity · $129.96M AUM. Holdings, fees, performance and SEC filings.
C000232289 Fund Overview
AVIP AB Relative Value Portfolio is a US mutual fund managed by Ohio National Fund INC, categorised as United States Large Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Ohio National Fund INC
- Category: United States Large Cap Value Equity
- Assets under management: $129.96M
- 1-year return: 20.0%
- SEC CIK: 0000315754
- SEC series ID: S000074393
- Share class ID: C000232289
C000232289 Investment Objective and Strategy
AVIP AB Relative Value Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Ohio National Fund INC.
Investment objective
Seeks long-term growth of capital.
Principal investment strategy
The Portfolio invests primarily in the equity securities of U.S. companies that the Portfolios sub-adviser, AllianceBernstein L.P. (AllianceBernstein), believes are trading at attractive valuations and that have strong or improving business models. AllianceBernstein monitors the fundamental performance of the Portfolios investments for signs of future financial success. AllianceBernstein relies heavily upon the fundamental analysis and research of its dedicated investment team for the Portfolio in conducting research and making investment decisions. The team initially screens a primary research universe of largely U.S. companies included in the Russell 1000 Index and the S&P 500 Index, as well as other companies outside of these indices that are surfaced by the team as potentially attractive research candidates.
Initially, the team screens for attractive security valuation and business model characteristics, including, but not limited to: free-cash-flow yield, price-to-earnings ratios, balance sheet quality, capital spending, shareholder return, profit margins, earning and sales revisions, and price momentum. The initial screening process surfaces approximately 300 candidates for further research. The team then conducts fundamental research to better understand the companys business model, focusing on areas including: industry structure, company differentiation, cash flow volatility and sustainability, capital usage, and management quality. AllianceBernstein recognizes that the perception of attractive valuation is relative and often defined by the future economic performance of the company. As a result of how individual companies are valued in the market, the Portfolio may be attracted to investments in companies with different market capitalizations (i.e., large-, mid- or small-capitalization) or companies engaged in particular types of businesses, although the Portfolio does not intend to concentrate in any particular sectors or industries.
At any period in time, the Portfolios emphasis upon particular industries or sectors will be a by-product of the stock selection process rather than the result of assigned targets or ranges.
C000232289 Holdings
Top 10 holdings of AVIP AB Relative Value Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Berkshire Hathaway, Inc. | 4.12% |
| Rtx Corp. | 3.84% |
| Jp Morgan Chase & Company | 3.63% |
| Johnson & Johnson | 3.52% |
| Philip Morris International, Inc. | 3.21% |
| Alphabet, Inc. | 3.10% |
| Cisco Systems, Inc. | 3.03% |
| Unitedhealth Group, Inc. | 2.67% |
| Taiwan Semiconductor Manufacturing Company Ltd. | 2.36% |
| Amazon.com, Inc. | 2.08% |
C000232289 Portfolio Allocation
Asset-class allocation of AVIP AB Relative Value Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.9% |
C000232289 Performance
Total returns for C000232289 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 13.7% |
| 1 year | 20.0% |
| 3 years (annualised) | 15.0% |
C000232289 Risk Information
Risk metrics for C000232289, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 8.9%
C000232289 Costs and Fees
C000232289 costs about $74 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.74%
- Gross expense ratio: 0.74%
- Portfolio turnover: 75%
- Brokerage commissions: 1.61 bps of average net assets (SEC N-CEN)
C000232289 Cashflows
Over the 12 months to 2026-06, AVIP AB Relative Value Portfolio had net inflows of $6.04M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $4.51M |
| 2026-05 | −$1.66M |
| 2026-04 | −$2.00M |
| 2026-03 | −$2.18M |
| 2026-02 | −$3.56M |
| 2026-01 | −$1.82M |
C000232289 Debt Constituents
No individual debt constituents are reported in AVIP AB Relative Value Portfolio's latest SEC N-PORT filing.
C000232289 Prospectus and SEC Filings
Official AVIP AB Relative Value Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-29
- Prospectus (485BPOS) — filed 2025-12-05
- Prospectus (485BPOS) — filed 2025-04-29
- Portfolio holdings (N-PORT) — filed 2026-08-26
- Portfolio holdings (N-PORT) — filed 2026-05-29
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2026-03-12
- Annual census (N-CEN) — filed 2025-03-07
Related Funds
Other United States Large Cap Value Equity 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.