Morningstar® Investment Profile™   Morningstar®
Disclosure
  Format
for Print
Fidelity VIP Asset Manager Initial
Release date as of 2024-04-30. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2024-04-30
Out of 684
Moderate Allocation Funds
Morningstar®
Style Box™
What is this?
As of 2024-02-29
As of 2024-02-29
Total Fund Assets ($ Mil)
916.86
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks to obtain high total return with reduced risk over the long term by allocating its assets among stocks, bonds, and short-term instruments.
The adviser maintains a neutral mix over time of 50% of assets in stocks, 40% of assets in bonds, and 10% of assets in short-term and money market instruments. The adviser adjusts allocation among asset classes gradually within the following ranges: stock class (30%-70%), bond class (20%-60%), and short-term/money market class (0%-50%).
  Morningstar Category: Moderate Allocation
Funds in allocation categories seek to provide both income and capital appreciation by primarily investing in multiple asset classes, including stocks, bonds, and cash. These moderate strategies seek to balance preservation of capital with appreciation. They typically expect volatility similar to a strategic equity exposure between 50% and 70%. 
  Investment Risks
There are no additional fund specific investment risks (e.g. liquidity risk, currency risk, foreign investment risk, etc.) associated with this fund beyond the normal risks generally associated with investing in a mutual fund.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 35.1
Bullet Non-U.S. Stocks Non-U.S. Stocks 21.5
Bullet Bonds Bonds 38.6
Bullet Cash Cash 4.1
Bullet Other Other 0.8
Asset Allocation Rescaled Graph
Data through 2024-02-29
Morningstar Equity Sectors
% of Stocks
Cyclical 33.71
Basic Materials 4.26
Consumer Cyclical 11.37
Financial Services 15.12
Real Estate 2.96
Sensitive 46.88
Communication Services 6.75
Energy 4.15
Industrials 11.64
Technology 24.34
Defensive 19.41
Consumer Defensive 5.65
Healthcare 11.86
Utilities 1.90
Data through 2024-02-29
Morningstar Fixed-Income Sectors
% Fund
Government 43.50
Corporate 24.29
Securitized 23.27
Municipal 0.00
Cash & Equivalents 8.62
Derivative 0.31
Data through 2024-02-29
Credit Analysis
% Bonds
AAA 69.96
AA 2.33
A 8.50
BBB 13.88
BB 2.37
B 1.62
Below B 0.34
Not Rated 1.00
Data through 2024-02-29
Credit Analysis Graph
Holding Status
Total Number of Stock Holdings 1264
Total Number of Bond Holdings 3573
% of Net Assets in Top 10 Holdings 15.82
Turnover % (as of 2023-12-31) 19.00
30 Day SEC Yield % ---
Top Holdings
Sector Country Maturity Date Market Value ($000) % of Net Assets
Fidelity Cash Central Fund --- USA --- 34,547 3.67
Microsoft Corp USA --- 24,617 2.62
Apple Inc USA --- 15,807 1.68
United States Treasury Notes 3.875% --- USA 2029-11-30 13,083 1.39
Amazon.com Inc USA --- 12,993 1.38
Alphabet Inc Class A USA --- 10,561 1.12
NVIDIA Corp USA --- 9,724 1.03
United States Treasury Notes 4.375% --- USA 2030-11-30 9,629 1.02
United States Treasury Notes 3.875% --- USA 2029-12-31 9,039 0.96
Meta Platforms Inc Class A USA --- 8,912 0.95
Data through 2024-02-29
  Principal Risks   
Prepayment (Call), Foreign Securities, Loss of Money, Not FDIC Insured, Income, Issuer, Interest Rate, Market/Market Volatility, Equity Securities
Show Risk Definitions
  Other Information
Inception Date: 1989-09-06
Portfolio Manager(s)
Katherine Shaw   (2023-11-01)
Katherine Shaw is Co-Portfolio Manager of each fund, which she has managed since 2023. She also manages other funds. Since joining Fidelity Investments in 2007, Ms. Shaw has worked as a sector leader and portfolio manager.
Avishek Hazrachoudhury   (2018-04-30)
Avishek Hazrachoudhury joined Fidelity Investments in 2013, since then he has worked as a quantitative analyst and portfolio manager.
Investment Advisor(s)
Fidelity Management & Research Company LLC
Issuer
Fidelity Investments
Subadvisor(s)
FMR Investment Management (U.K.) Limited
Fidelity Management & Research (Japan) Limited
Fidelity Management & Research (HK) Ltd
Show Data Definitions

© Copyright 2024 Morningstar, Inc.
All rights reserved. Morningstar, the Morningstar logo, Morningstar.com, Morningstar Tools are either trademark or service marks of Morningstar, Inc. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or any losses arising from any use of information. Past performance is no guarantee of future performance.
Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.