Venerable Conservative Appreciation Allocation Fund

C000258273 Fund Overview

Venerable Conservative Appreciation Allocation Fund is a US mutual fund managed by Venerable Variable Insurance Trust, categorised as United States Multi-Cap / All-Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Venerable Variable Insurance Trust
• Category: United States Multi-Cap / All-Cap Blend / Core Equity
• Assets under management: $457.43M
• SEC CIK: 0001995745
• SEC series ID: S000090888
• Share class ID: C000258273

C000258273 Investment Objective and Strategy

Venerable Conservative Appreciation Allocation Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Venerable Variable Insurance Trust.

Investment objective

"The Venerable Conservative Appreciation Allocation Fund (the ""Fund"") seeks, over the long term, current income and a moderate level of total investment return."

Principal investment strategy

"The Fund is a ""fund of funds"" that seeks to achieve its objective by investing in the other series of Venerable Variable Insurance Trust (the ""Underlying Funds"") including, but not limited to, the following equity funds Venerable Large Cap Index Fund and Venerable International Index Fund and the following fixed income funds Venerable Bond Index Fund and Venerable Intermediate Corporate Bond Index Fund. The Fund's strategy of investing in a combination of Underlying Funds is intended to result in investment diversification that an investor could otherwise achieve only by holding numerous individual investments. Venerable Investment Advisers, LLC (the ""Adviser"") has engaged Russell Investment Management, LLC (""RIM"") to provide the day-to-day management of the Fund's portfolio pursuant to investment guidelines provided by the Adviser.

The Fund seeks returns consistent with an investment approach that balances risk and return. The Fund's approximate target strategic asset allocation among the Underlying Funds is 40% equity and 60% fixed income. Through its investments in the Underlying Funds, the Fund indirectly invests principally in U.S. and non-U.S. equity securities (i.e., mid- and large capitalization companies listed in the U.S. and other developed markets) and U.S. fixed income securities (i.e., U.S. investment grade fixed income securities including U.S. Treasuries, corporate bonds, asset-back securities, and mortgage-backed securities) and derivatives (i.e., index futures contracts and spot and forward currency contracts). The Adviser's allocation decisions are generally based on the Adviser's outlook on the business and economic cycle, relative market valuations and market sentiment.

The Adviser determines the strategic allocation among Underlying Funds generally based factors and information such as (i) the investment objective and applied investment strategy of each Underlying Fund, (ii) historical or hypothetical returns and volatility of returns of the Underlying Funds, (iii) the correlation and covariance among Underlying Funds, and (iv) third-party market analysis, forecasts, and reports. The Fund's actual allocation may vary from the target strategic asset allocation at any point in time due to market movements and/or due to the gradual implementation of a change to the target strategic asset allocation, including the addition of a new Underlying Fund. The Adviser may modify the target strategic asset allocation for the Fund and may change the Underlying Funds in which the Fund invests or may invest, from time to time, without shareholder notice or approval.

There may be no changes in the asset allocation or to the Underlying Funds in a given year or such changes may be made one or more times in a year."

C000258273 Holdings

Top 4 holdings of Venerable Conservative Appreciation Allocation Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all C000258273 holdings

C000258273 Portfolio Allocation

Asset-class allocation of Venerable Conservative Appreciation Allocation Fund by percentage of net assets, from the latest SEC N-PORT filing.

C000258273 Performance

Total returns for C000258273 (as of 2026-10-01), from SEC filings.

C000258273 Costs and Fees

C000258273 costs about $87 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.87%
• Gross expense ratio: 0.87%
• Portfolio turnover: 7%
• Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)

C000258273 Cashflows

Over the 12 months to 2026-06, Venerable Conservative Appreciation Allocation Fund had net inflows of $428.17M, from monthly SEC N-PORT filings.

C000258273 Debt Constituents

No individual debt constituents are reported in Venerable Conservative Appreciation Allocation Fund's latest SEC N-PORT filing.

C000258273 Prospectus and SEC Filings

Official Venerable Conservative Appreciation Allocation Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2026-04-29
• Prospectus (485BPOS) — filed 2025-04-29
• Portfolio holdings (N-PORT) — filed 2026-08-26
• Portfolio holdings (N-PORT) — filed 2026-05-27
• Portfolio holdings (N-PORT) — filed 2026-02-24
• Annual census (N-CEN) — filed 2026-03-16

Related Funds

Other United States Multi-Cap / All-Cap Blend / Core Equity funds tracked on ABC INVEST:

• MFS International Diversification Fund (MDIDX)
• Vanguard Lifestrategy Growth Fund (VASGX)
• Vanguard Lifestrategy Moderate Growth Fund (VSMGX)
• Vanguard Star Fund (VGSTX)
• Eaton Vance Short Duration Strategic Income Fund (ETSIX)

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.