VIP Growth and Income Portfolio
Actively managed U.S. stock fund
As of its 2026 Q2 report, VIP Growth and Income Portfolio held 174 positions with $2.85B in net assets. Its ten largest holdings made up 37.3% of the fund. The QGI2Q share class costs 0.72% a year. Over the 12 months to May 2026, QGI2Q returned 23.9%, with dividends reinvested. In 2026 Q2 it added 14 new positions and exited 30.
VIP Growth & Income Portfolio seeks high total return through a combination of current income and capital appreciation.
The fund invests at least 80% of assets in a combination of growth stocks and income-producing securities, selecting growth companies based on factors such as above-median earnings or sales growth, elevated research and development spending, or capital-raising activity, while income securities are those paying or expected to pay dividends or interest within three months. The portfolio emphasizes common stocks with current dividends and capital appreciation potential but may also hold bonds including high-yield debt, non-dividend-paying stocks, and both domestic and foreign issuers. Because security selection depends on the adviser's assessment of individual companies' growth characteristics and financial condition, fund holdings will differ from any benchmark.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
MSFTMICROSOFT CORP | 4.82% | $137.46M | 368.5K | $373.02 |
4.61% | $131.43M | 1.6M | $82.64 | |
NVDANVIDIA CORP | 4.26% | $121.38M | 606.6K | $200.09 |
4.20% | $119.87M | 320.7K | $373.73 | |
3.73% | $106.40M | 778.2K | $136.72 | |
Fidelity Revere Street Trust | 3.72% | $106.19M | — | — |
AAPLAPPLE INC | 3.38% | $96.36M | 333.0K | $289.36 |
3.30% | $94.21M | 80.2K | $1,174.86 | |
2.90% | $82.70M | 1.5M | $56.98 | |
2.38% | $67.74M | 312.9K | $216.47 |
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 174 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 | 96.17% |
| Cash & short-term | 4.91% |
| Bonds | 0.14% |
| Derivatives | -0.10% |
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
Derivatives are shown at market value, not notional exposure.
By sector
- Information Technology
- 18.7%
- Industrials
- 17.9%
- Financials
- 15.1%
- Health Care
- 9.8%
- 9 other sectors
- 38.6%
- Information Technology
- 18.7%
- Industrials
- 17.9%
- Financials
- 15.1%
- Health Care
- 9.8%
- International
- 9.3%
- Consumer Staples
- 5.7%
- Communication Services
- 5.6%
- Energy
- 5.5%
- Cash
- 4.9%
- Consumer Discretionary
- 3.7%
- Utilities
- 2.2%
- Real Estate
- 1.1%
- Materials
- 0.7%
How it has done
C000021034 share class · total returns with dividends reinvested
Volatility over the last 12 months: 9.49%. 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 Growth and Income Portfolio is an actively managed U.S. equity fund. 11% of QGI2Q’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 88% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.47% – 0.72%· QGI2Q 0.72%
- Portfolio turnover
- 17.00% 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.
14 new· the largest 7
30 exited· the largest 8
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.
| 3-5y | 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 — QGI2Q, QQQ and the fund in my 401(k)?”
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