LVIP State Street Bond Index Fund
LINCOLN VARIABLE INSURANCE PRODUCTS TRUST
Fund classification
Classified from what the fund holds · as of 2026 Q2
LVIP State Street Bond Index Fund is a U.S. bond index fund that tracks the Bloomberg U.S. Aggregate Bond Index.
- Asset class
- Bonds
- Region
- United States
- Management
- Index (passive)
- Fund type
- Open-end fund
- Credit quality
- Investment grade
- Rate sensitivity
- Intermediate duration
Fund profile
As filed in the prospectus · 2025 Q2
The investment objective of the LVIP SSGA Bond Index Fund (the Fund) is to seek to match as closely as practicable, before fees and expenses, the performance of the Bloomberg U.S. Aggregate Bond Index*.
The fund tracks the Bloomberg U.S. Aggregate Bond Index by holding a diversified portfolio of investment-grade bonds—Treasuries, agencies, corporates, mortgage-backed securities, asset-backed securities, and commercial mortgage-backed securities—with sector and quality weightings aligned to the Index. A sub-adviser's credit and research group selects individual securities based on their analysis of impact on portfolio weightings and security availability. The fund holds at least 90% of assets in securities contained in the Index and may use futures contracts to adjust interest-rate sensitivity or manage cash flows.
| Share class | Gross | Net |
|---|---|---|
| C000062027 | 0.49% | 0.37% |
| C000062028 | 0.74% | 0.62% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 40.00% · as of 2025 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Bonds | 73.45% |
| Securitized | 25.01% |
| Cash & short-term | 2.29% |
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Government | 49.1% |
| Securitized | 24.8% |
| Financials | 5.3% |
| Other | 3.5% |
| 12 smaller | 17.3% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Latest quarter
What changed since the fund's previous filing
Largest new: United States Treasury ×7, UMBS, TBA
Largest exited: United States Treasury ×5, UMBS, TBA ×2, FEDERAL HOME LOAN BANK
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are 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.
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 99.6% |
| Floating rate | 0.4% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 0.0% |
| 1-3y | 23.5% |
| 3-5y | 13.3% |
| 5-10y | 21.9% |
| 10y+ | 41.3% |
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
Most of this fund’s sensitivity is to interest rates, with credit spreads carrying a small fraction as much.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Interest rates | 75% |
| Credit spreads | 25% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| Investment grade | +1.91 yr |
| High yield | +0.02 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 3 mo | 0.01 yr | 0% |
| 1 yr | 0.66 yr | 11% |
| 5 yr | 1.67 yr | 28% |
| 10 yr | 2.29 yr | 39% |
| 30 yr | 1.24 yr | 21% |
| 3 mo | 0.00 yr | 0% |
| 1 yr | 0.19 yr | 10% |
| 5 yr | 0.54 yr | 28% |
| 10 yr | 0.75 yr | 39% |
| 30 yr | 0.44 yr | 23% |
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.01 | +0.00 | +0.00 | $801 | $8 |
| 1 yr | +0.66 | +0.18 | +0.00 | $48.5k | $820 |
| 5 yr | +1.67 | +0.53 | +0.01 | $139.9k | $1.9k |
| 10 yr | +2.29 | +0.75 | +0.00 | $196.9k | $908 |
| 30 yr | +1.24 | +0.44 | +0.00 | $114.7k | $297 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| GVMXX | State Street Institutional US Government Money Market FundGVMXX | 2.29% | $60.14M | — |
| — | United States Treasury0.38% · due 2027-07-31 | 1.39% | $36.50M | — |
| — | United States Treasury0.75% · due 2028-01-31 | 1.26% | $33.18M | — |
| — | United States Treasury3.50% · due 2029-02-15 | 1.20% | $31.47M | — |
| — | United States Treasury3.38% · due 2027-12-31 | 1.05% | $27.68M | — |
| — | United States Treasury4.13% · due 2029-06-15 | 0.95% | $24.98M | — |
| — | United States Treasury3.63% · due 2027-08-31 | 0.95% | $24.86M | — |
| — | United States Treasury4.00% · due 2034-02-15 | 0.94% | $24.62M | — |
| — | United States Treasury4.00% · due 2028-05-31 | 0.76% | $19.94M | — |
| — | United States Treasury3.88% · due 2029-04-15 | 0.76% | $19.85M | — |
Top 10 positions are 11.56% of net assets, top 25 19.89%, across 1.0K issuers.
See more of this fund's book
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