VIP Equity-Income Portfolio
Actively managed U.S. stock fund
As of its 2026 Q2 report, VIP Equity-Income Portfolio held 118 positions with $7.19B in net assets. Its ten largest holdings made up 26.7% of the fund. Its share classes cost 0.46%–0.71% a year. Over the 12 months to May 2026, it returned 22.9%, with dividends reinvested. In 2026 Q2 it added 5 new positions and exited 11.
VIP Equity-Income Portfolio? seeks reasonable income. The fund will also consider the potential for capital appreciation. The fund's goal is to achieve a yield which exceeds the composite yield on the securities comprising the S&P 500 Index.
The fund invests at least 80% of assets in income-producing equity securities—common stocks, preferred stocks, convertible securities, and hybrid instruments expected to pay dividends or interest within three months—selected through fundamental analysis of financial condition, industry position, and market conditions. The manager may also hold debt securities including high-yield bonds, use covered call options, and invest in both domestic and foreign issuers. Because security selection depends on the manager's analysis rather than an index rule, fund returns will diverge from any benchmark.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
MSFTMICROSOFT CORP | 4.23% | $304.17M | 815.4K | $373.02 |
AMZNAMAZON.COM INC | 3.64% | $261.75M | 1.1M | $238.34 |
3.12% | $224.04M | 684.4K | $327.33 | |
2.85% | $204.56M | 1.5M | $136.72 | |
ABBVABBVIE INC | 2.51% | $180.46M | 717.1K | $251.64 |
TSMTAIWAN SEMICONDUCTOR MFG CO LTD | 2.39% | $172.03M | 360.2K | $477.57 |
2.22% | $159.69M | 628.8K | $253.97 | |
SAMSUNG ELECTRONICS CO LTD | 2.03% | $145.80M | 656.5K | $222.08 |
LINDE PLC | 1.91% | $137.20M | 264.4K | $518.94 |
1.83% | $131.45M | 1.0M | $126.34 |
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 118 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 | 99.24% |
| Cash & short-term | 1.86% |
By sector
- Financials
- 17.3%
- International
- 14.6%
- Health Care
- 12.9%
- Information Technology
- 11.3%
- 9 other sectors
- 43.9%
- Financials
- 17.3%
- International
- 14.6%
- Health Care
- 12.9%
- Information Technology
- 11.3%
- Consumer Discretionary
- 9.7%
- Industrials
- 7.9%
- Consumer Staples
- 7.7%
- Utilities
- 5.1%
- Energy
- 5.0%
- Communication Services
- 4.2%
- Cash
- 1.8%
- Real Estate
- 1.7%
- Materials
- 0.8%
How it has done
C000020966 share class · total returns with dividends reinvested
Volatility over the last 12 months: 9.06%. 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
VIP Equity-Income Portfolio is an actively managed U.S. equity fund. 2% of VIP Equity-Income Portfolio’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 82% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.46% – 0.71%
- Portfolio turnover
- 15.00% a year · as of 2026 Q2
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.
5 new
11 exited· the largest 8
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