VIP FundsManager 60% Portfolio
Actively managed U.S. stock fund
As of its 2026 Q2 report, VIP FundsManager 60% Portfolio held 40 positions with $8.26B in net assets. Its ten largest holdings made up 83.3% of the fund. Its share classes cost 0.63%–0.78% a year. Over the 12 months to May 2026, it returned 22.0%, with dividends reinvested. In 2026 Q2 it added 10 new positions and exited 16.
VIP FundsManager 60% Portfolio seeks high total return.
The fund invests through a combination of underlying Fidelity mutual funds and ETFs, with a target allocation of approximately 36% domestic equities, 24% international equities, 35% fixed-income, and 5% money market funds, actively managed to track the Fidelity VIP FundsManager 60% Composite Index. The underlying funds are selected using proprietary research that evaluates manager experience, investment style, expense ratios, asset size, and portfolio turnover. Because the fund's performance depends on the selection and performance of the underlying Fidelity funds chosen, results may diverge from the composite index benchmark.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
Variable Insurance Products Fund | 28.74% | $2.37B | 142.6M | $16.65 |
Variable Insurance Products Fund V | 14.20% | $1.17B | 123.0M | $9.53 |
Fidelity Income Fund | 14.15% | $1.17B | 122.3M | $9.56 |
Fidelity Investment Trust | 6.19% | $511.17M | 8.2M | $62.38 |
Fidelity Investment Trust | 5.72% | $472.79M | 6.1M | $77.95 |
Fidelity Revere Street Trust | 3.65% | $301.36M | — | — |
FTIEXFidelity Investment Trust | 2.85% | $235.45M | 13.9M | $16.96 |
Fidelity Advisor Series VIII | 2.70% | $223.05M | 5.6M | $40.11 |
Fidelity Capital Trust | 2.67% | $220.65M | 4.2M | $52.22 |
Fidelity Covington Trust | 2.47% | $204.25M | 5.1M | $40.13 |
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 40 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 | 96.22% |
| Cash & short-term | 3.65% |
| Bonds | 0.09% |
| Derivatives | 0.03% |
Derivatives are shown at market value, not notional exposure.
How it has done
C000051545 share class · total returns with dividends reinvested
Volatility over the last 12 months: 9.41%. 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 FundsManager 60% Portfolio 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
- Expense ratio, by class
- 0.63% – 0.78%
- Portfolio turnover
- 25.00% a year · as of 2026 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.
10 new· the largest 3
16 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 | 100.0% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 100.0% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
- “Where do my funds overlap — this fund, QQQ and the fund in my 401(k)?”
- “How do this fund’s ten biggest holdings stack up against each other?”
- “For my target-date fund, what’s the real stock-and-bond mix once you look through it?”