Venerable US Large Cap Strategic Equity Fund

Venerable Variable Insurance Trust · 2 share classes

Actively managed U.S. equity fund
One fund, 2 share classes:VVSIXVVSVX
$2.78B NAV
435 positions · as of 2026-06-30 · filed 2026-08-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

Venerable US Large Cap Strategic Equity Fund is an actively managed U.S. equity fund. 21% of VVSIX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 94% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund

Fund profile

As filed in the prospectus · 2026 Q2

The Venerable US Large Cap Strategic Equity Fund (the "Fund") seeks to provide long term capital growth.

Strategy · summarised

The fund allocates its assets across multiple investment sleeves, each managed by Franklin Advisers or by Franklin Advisers together with affiliated non-discretionary sub-advisers that provide model portfolio recommendations using fundamental, quantitative, or combined approaches. The fund invests at least 80% of assets in large-capitalization U.S. equities and equity derivatives, defined as companies in the Russell 1000 Index or within its market-capitalization range, with significant expected exposure to information technology. Because the fund's returns depend on the independent methodologies and security selections of multiple sub-advisers acting separately from one another, performance may diverge materially across sleeves and over time.

Expenses
0.74% 0.86%across 2 share classes
Share classGrossNet
VVSIX0.74%0.74%
VVSVX1.04%0.86%

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

Portfolio turnover 57.00% · as of 2026 Q2

Allocation

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

99.87%
of net assets
Stocks99.85%
Derivatives0.01%

Derivatives are shown at market value, not notional exposure.

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Information Technology33.1%
Financials12.1%
Health Care10.2%
Communication Services10.0%
9 smaller34.7%

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).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
21%of stock holdings in top-quartile growers
covering 94% of the fund’s equity
Earnings growth
27%of stock holdings in top-quartile growers
covering 88% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 57 new50 exited

Largest new: GLW, BDX, MRVL, SNOW, COHR, LYV, SPCX, DD

Largest exited: BLK, DVN, PPL, SPGI, DuPont de Nemours Inc, CBRE, CHTR, IBM

Return profile

Chart:

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

Share class1-year3-year5-yearVolWorst fall
+27.40%12.48%
+27.21%12.49%

These classes hold the same portfolio, so the 0.19pp spread over 1 year is the cost difference between them — roughly 0.19pp a year — not a difference in what they own.

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
NVIDIA CorpNVDA7.12%$198.07M
Apple IncAAPL5.83%$162.26M
Alphabet IncGOOGL4.09%$113.68M
Microsoft CorpMSFT3.92%$109.05M
Amazon.com IncAMZN3.41%$94.82M
Meta Platforms IncMETA2.35%$65.47M
Broadcom IncAVGO2.31%$64.31M
State Street Institutional US Government Money Market FundGVMXX2.29%$63.56M
Tesla IncTSLA1.61%$44.77M
Visa IncV1.57%$43.73M
Showing 10 of 435Sign in to see more

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 34.51% of net assets, top 25 50.18%, across 434 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