VIP Equity-Income Portfolio
Variable Insurance Products Fund
Fund classification
Classified from what the fund holds · as of 2026 Q2
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
Fund profile
As filed in the prospectus · 2026 Q2
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.
| Share class | Expense ratio |
|---|---|
| C000020966 | 0.46% |
| C000020967 | 0.53% |
| C000020968 | 0.56% |
| C000020970 | 0.71% |
Portfolio turnover 15.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 99.24% |
| Cash & short-term | 1.86% |
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Financials | 17.3% |
| International | 15.2% |
| Health Care | 12.9% |
| Information Technology | 11.3% |
| 9 smaller | 43.3% |
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).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
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
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.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| MSFT | MICROSOFT CORPMSFT | 4.23% | $373.02 | $304.17M | 815.4K |
| AMZN | AMAZON.COM INCAMZN | 3.64% | $238.34 | $261.75M | 1.1M |
| JPM | JPMORGAN CHASE and COJPM | 3.12% | $327.33 | $224.04M | 684.4K |
| XOM | EXXON MOBIL CORPXOM | 2.85% | $136.72 | $204.56M | 1.5M |
| ABBV | ABBVIE INCABBV | 2.51% | $251.64 | $180.46M | 717.1K |
| TSM | TAIWAN SEMICONDUCTOR MFG CO LTDTSM | 2.39% | $477.57 | $172.03M | 360.2K |
| JNJ | JOHNSON and JOHNSONJNJ | 2.22% | $253.97 | $159.69M | 628.8K |
| — | SAMSUNG ELECTRONICS CO LTD | 2.03% | $222.08 | $145.80M | 656.5K |
| — | LINDE PLC | 1.91% | $518.94 | $137.20M | 264.4K |
| GILD | GILEAD SCIENCES INCGILD | 1.83% | $126.34 | $131.45M | 1.0M |
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 26.72% of net assets, top 25 48.67%, across 117 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.
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