LVIP State Street Bond Index Fund
U.S. bond index fund · tracks Bloomberg U.S. Aggregate Bond Index
As of its 2026 Q2 report, LVIP State Street Bond Index Fund held 5,369 positions with $2.62B in net assets. Its ten largest holdings made up 11.6% of the fund. Its share classes cost 0.37%–0.62% a year. Over the 12 months to May 2026, it returned 4.8%, with dividends reinvested. In 2026 Q2 it added 268 new positions and exited 190.
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.
What you own
| Company | Weight | Value | Shares |
|---|---|---|---|
GVMXXState Street Institutional US Government Money Market Fund | 2.29% | $60.14M | — |
United States Treasury 0.38% · due 2027-07-31 | 1.39% | $36.50M | — |
United States Treasury 0.75% · due 2028-01-31 | 1.26% | $33.18M | — |
United States Treasury 3.50% · due 2029-02-15 | 1.20% | $31.47M | — |
United States Treasury 3.38% · due 2027-12-31 | 1.05% | $27.68M | — |
United States Treasury 4.13% · due 2029-06-15 | 0.95% | $24.98M | — |
United States Treasury 3.63% · due 2027-08-31 | 0.95% | $24.86M | — |
United States Treasury 4.00% · due 2034-02-15 | 0.94% | $24.62M | — |
United States Treasury 4.00% · due 2028-05-31 | 0.76% | $19.94M | — |
United States Treasury 3.88% · due 2029-04-15 | 0.76% | $19.85M | — |
The 200 largest of 5,369 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%.
| Bonds | 73.45% |
| Securitized | 25.01% |
| Cash & short-term | 2.29% |
By sector
- Government
- 49.1%
- Securitized
- 24.8%
- Financials
- 4.8%
- Other
- 4.0%
- 12 other sectors
- 17.3%
- Government
- 49.1%
- Securitized
- 24.8%
- Financials
- 4.8%
- Other
- 4.0%
- International
- 2.8%
- Utilities
- 2.5%
- Cash
- 2.3%
- Health Care
- 2.0%
- Information Technology
- 1.7%
- Communication Services
- 1.4%
- Industrials
- 1.4%
- Consumer Staples
- 0.9%
- Consumer Discretionary
- 0.7%
- Energy
- 0.7%
- Real Estate
- 0.6%
- Materials
- 0.4%
How it has done
C000062027 share class · total returns with dividends reinvested
Volatility over the last 12 months: 3.27%. 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 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
- Expense ratio, by class
- 0.37% – 0.62%
- Portfolio turnover
- 40.00% 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.
268 new· the largest 2
190 exited· the largest 3
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.
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