LVIP BlackRock Dividend Value Managed Volatility Fund
U.S. stock index fund · tracks Dow Jones US Dividend 100 Index
As of its 2026 Q2 report, LVIP BlackRock Dividend Value Managed Volatility Fund held 181 positions with $2.01B in net assets. Its ten largest holdings made up 30.8% of the fund. Its share classes cost 0.65%–0.9% a year. Over the 12 months to May 2026, it returned 26.1%, with dividends reinvested. In 2026 Q2 it added 28 new positions and exited 30.
The investment objective of the LVIP BlackRock Dividend Value Managed Volatility Fund (the Fund) is to seek reasonable income by investing primarily in income-producing equity securities.
The fund invests primarily in large-capitalization dividend-paying equity securities selected by BlackRock, with approximately 75% allocated to a dividend value strategy and 25% to a quantitative approach replicating the Dow Jones US Dividend 100 Index. A separate overlay manager uses exchange-traded equity index futures to manage overall portfolio volatility, which may limit upside participation in strong markets and could substantially reduce equity exposure during periods of extreme volatility. The fund may invest up to 25% of assets in foreign securities and employs day-to-day management through BlackRock as sub-adviser and Schroders as overlay manager.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
AMZNAmazon.com Inc | 4.74% | $95.43M | 400.4K | $238.34 |
MSFTMicrosoft Corp | 4.17% | $84.00M | 225.2K | $373.02 |
GVMXXState Street Institutional US Government Money Market Fund | 3.66% | $73.60M | — | — |
AAPLApple Inc | 3.35% | $67.54M | 233.4K | $289.36 |
2.82% | $56.79M | 136.6K | $415.63 | |
2.74% | $55.17M | 533.3K | $103.45 | |
2.72% | $54.82M | 426.6K | $128.50 | |
2.40% | $48.32M | 137.0K | $352.68 | |
2.15% | $43.21M | 308.7K | $139.96 | |
CVXChevron Corp | 2.05% | $41.33M | 249.3K | $165.76 |
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 181 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 | 95.91% |
| Cash & short-term | 3.66% |
| Derivatives | 0.09% |
Derivatives are shown at market value, not notional exposure.
By sector
- Health Care
- 15.8%
- Information Technology
- 13.5%
- Financials
- 12.8%
- Industrials
- 10.5%
- 11 other sectors
- 47.4%
- Health Care
- 15.8%
- Information Technology
- 13.5%
- Financials
- 12.8%
- Industrials
- 10.5%
- Consumer Discretionary
- 9.6%
- Consumer Staples
- 8.1%
- International
- 6.6%
- Energy
- 5.6%
- Communication Services
- 4.5%
- Utilities
- 3.9%
- Cash
- 3.7%
- Materials
- 3.2%
- Real Estate
- 2.2%
- Other
- 0.1%
- Government
- 0.0%
How it has done
C000007726 share class · total returns with dividends reinvested
Volatility over the last 12 months: 10.85%. 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 BlackRock Dividend Value Managed Volatility Fund is a U.S. equity index fund that tracks the Dow Jones US Dividend 100 Index. 3% of LVIP BlackRock Dividend Value Managed Volatility Fund’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 92% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.65% – 0.90%
- Portfolio turnover
- 41.00% a year · as of 2025 Q2
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
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.
28 new· the largest 8
30 exited· the largest 8
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