LVIP American Global Growth Allocation Managed Risk Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, LVIP American Global Growth Allocation Managed Risk Fund held 25 positions with $2.19B in net assets. Its ten largest holdings made up 97.5% of the fund. Its share classes cost 0.63%–0.98% a year. Over the 12 months to May 2026, it returned 19.9%, with dividends reinvested. In 2026 Q2 it added 14 new positions and exited 14.
The investment objective of the LVIP American Global Growth Allocation Managed Risk Fund (the Fund) is to seek a balance between a high level of current income and growth of capital, with a greater emphasis on growth of capital.
The fund invests substantially all assets in a portfolio of American Funds mutual funds (Underlying Funds), which themselves hold equity and fixed income securities, with approximately 70% of Underlying Fund assets in stocks and 30% in bonds. The largest equity allocation targets domestic and foreign companies across market capitalizations, including emerging markets, while the fixed income allocation includes mortgage-backed securities, high-yield bonds, and inflation-indexed securities. A separate risk management overlay, implemented by Milliman, uses exchange-traded futures and options contracts (typically less than 10% of assets under normal conditions) to reduce portfolio volatility and downside exposure during market declines, which may limit upside participation in strong markets and could substantially reduce net economic exposure during extreme volatility.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
The Bond Fund of America | 20.79% | $455.44M | 40.4M | $11.26 |
The Growth Fund of America | 15.97% | $349.97M | 4.0M | $88.30 |
RICGXThe Investment Company of America | 15.67% | $343.36M | 5.0M | $68.21 |
RMFGXAmerican Mutual Fund | 15.43% | $337.94M | 5.3M | $64.33 |
Eupac Fund | 9.34% | $204.50M | 3.2M | $63.73 |
RLLGXSmallcap World Fund Inc | 5.80% | $127.05M | 1.4M | $89.70 |
RIRGXCapital Income Builder Inc | 5.71% | $125.20M | 1.5M | $81.92 |
New World Fund Inc | 3.22% | $70.60M | 649.6K | $108.67 |
GVMXXState Street Institutional US Government Money Market Fund | 2.97% | $65.10M | — | — |
RITGXAmerican High-Income Trust | 2.61% | $57.25M | 5.8M | $9.82 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
All 25 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 68.26% |
| Bonds | 18.77% |
| Cash & short-term | 6.70% |
| Securitized | 6.68% |
| 2 smaller | 0.30% |
Look-through blends 9 underlying funds; 3.223% of NAV was not looked through and stays direct-classified.
How it has done
C000110364 share class · total returns with dividends reinvested
Volatility over the last 12 months: 10.04%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
This fund changed legal form during the period shown. The history above is continuous — it spans both eras, and the change is not a gap in reporting.
Fees & fund details
LVIP American Global Growth Allocation Managed Risk Fund is an actively managed U.S. equity fund.
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Fund of funds
- Expense ratio, by class
- 0.63% – 0.98%
- Portfolio turnover
- 19.00% a year · as of 2025 Q2
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
14 new· the largest 4
14 exited· the largest 5
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
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