Venerable Moderate Allocation Fund

Venerable Variable Insurance Trust · 1 share class

Actively managed U.S. equity fund
One fund, 1 share class:VMAVX
$2.09B NAV
4 positions · as of 2026-06-30 · filed 2026-08-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

Venerable Moderate Allocation 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

Fund profile

As filed in the prospectus · 2026 Q2

The Venerable Moderate Allocation Fund (the "Fund") seeks, over the long-term, total investment return consistent with the preservation of capital.

Strategy · summarised

The fund is a fund of funds that invests in underlying equity and fixed income funds, targeting a 60% equity and 40% fixed income allocation. Day-to-day portfolio management is delegated to Russell Investment Management, LLC, which adjusts allocations based on economic outlook, market valuations, and correlations among the underlying funds. The adviser may modify the target allocation and underlying funds without shareholder approval. Actual allocations may diverge from targets due to market movements and gradual implementation of allocation changes.

Expenses
0.89%one share class
Share classGrossNet
VMAVX1.21%0.89%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 36.00% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

103.02%
of net assets
Stocks60.82%
Bonds31.61%
Securitized10.59%
Derivatives0.01%

Look-through blends 4 underlying funds; 0.0% of NAV was not looked through and stays direct-classified.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 0 new0 exited

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+18.22%
3-year
20 of 36 months
5-year
20 of 60 months
Volatility
8.34%
Worst 3-yr fall
Cumulative return· Sep 2024 – 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.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Venerable US Large Cap Core Equity Fund30.14%$631.30M
Venerable US Large Cap Strategic Equity Fund30.12%$630.89M
Venerable High Yield Fund19.91%$416.94M
Venerable Strategic Bond Fund19.85%$415.71M
Showing 4 of 4

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.

Top 10 positions are 100.02% of net assets, top 25 100.02%, across 4 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

Sign in free