Morningstar® Investment Profile™   Morningstar®
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Fidelity VIP Mid Cap Service 2
Release date as of 2024-04-30. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
What is this?
As of 2024-04-30
Out of 394
Mid-Cap Blend Funds
Style Box™
What is this?
As of 2024-03-31
Total Fund Assets ($ Mil)
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks long-term growth of capital.
The fund normally invests primarily in common stocks. It normally invests at least 80% of assets in securities of companies with medium market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell Midcap® Index or the S&P MidCap 400® Index). The fund potentially invests in companies with smaller or larger market capitalizations. It invests in domestic and foreign issuers.
  Morningstar Category: Mid-Cap Blend
The typical mid-cap blend portfolio invests in U.S. stocks of various sizes and styles, giving it a middle-of the-road profile. Most shy away from high-priced growth stocks but aren't so price-conscious that they land in value territory. Stocks in the middle 20% of the capitalization of the U.S. equity market are defined as mid-cap. The blend style is assigned to portfolios where neither growth nor value characteristics predominate. 
  Investment Risks
Mid Cap Funds: The securities of companies with market capitalizations below $10 billion may be more volatile and less liquid than the securities of larger companies.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 90.6
Bullet Non-U.S. Stocks Non-U.S. Stocks 8.6
Bullet Bonds Bonds 0.0
Bullet Cash Cash 0.9
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2024-03-31
Morningstar Equity Sectors
% of Stocks
Cyclical 37.76
Basic Materials 4.55
Consumer Cyclical 12.83
Financial Services 13.58
Real Estate 6.80
Sensitive 44.20
Communication Services 2.34
Energy 4.35
Industrials 24.36
Technology 13.15
Defensive 18.05
Consumer Defensive 5.01
Healthcare 9.69
Utilities 3.35
Data through 2024-03-31
Holding Status
Total Number of Stock Holdings 190
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 12.99
Turnover % (as of 2023-12-31) 41.00
30 Day SEC Yield % ---
Top Holdings
Sector P/E % of Net
Williams-Sonoma Inc 19.71 1.73
ITT Inc 26.02 1.68
nVent Electric PLC --- 1.32
US Foods Holding Corp 24.88 1.28
Performance Food Group Co 24.77 1.26
Reinsurance Group of America Inc 13.91 1.24
Autoliv Inc --- 1.17
Primerica Inc 13.29 1.13
AptarGroup Inc 30.98 1.09
Vertiv Holdings Co Class A 88.57 1.09
Data through 2024-03-31
  Principal Risks   
Foreign Securities, Loss of Money, Not FDIC Insured, Growth Investing, Value Investing, Issuer, Market/Market Volatility, Equity Securities, Mid-Cap
Show Risk Definitions
  Other Information
Inception Date: 2000-01-12
Portfolio Manager(s)
Daniel Sherwood   (2019-02-22)
Daniel Sherwood joined Fidelity Investments in 2008, since then Mr. Sherwood has worked as a research analyst and portfolio manager.
Thomas Allen   (2001-06-13)
He most recently worked for Stewart Investors in London. Tom joined the predecessor business of Stewart Investors in 2012. He initially worked in Singapore, before moving to Edinburgh to work on Asia Pacific strategies. From 2015, Tom was part of the Stewart Investors team in London. He co-managed Asia Pacific and Emerging Markets strategies with Ashish Swarup from 2017. He has a degree in History from University College London (UCL).
Investment Advisor(s)
Fidelity Management & Research Company LLC
Fidelity Investments
FMR Investment Management (U.K.) Limited
Fidelity Management & Research (Japan) Limited
Fidelity Management & Research (HK) Ltd
Show Data Definitions

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