Fidelity® VIP Growth & Income Initial |
|
 |
|
Release date as of 2022-05-31. Data on page is subject to change. |
|
|
Overall Morningstar Rating™
|
What is this?
|
|
 |
As of 2022-05-31 |
|
Out of 1145 Large Value Funds
|
|
|
|
|
|
Total Fund Assets ($ Mil) |
1,981.18 |
|
|
|
Investment Objective & Strategy |
|
The investment seeks high total return through a combination of current income and capital appreciation.
|
|
The fund normally invests a majority of assets in common stocks with a focus on those that pay current dividends and show potential for capital appreciation. It potentially invests in bonds, including lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds), as well as stocks that are not currently paying dividends, but offer prospects for future income or capital appreciation. The fund invests in domestic and foreign issuers. |
|
|
Morningstar Category: Large Value |
|
Large-value portfolios invest primarily in big U.S. companies that are less expensive or growing more slowly than other large-cap stocks. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap. Value is defined based on low valuations (low price ratios and high dividend yields) and slow growth (low growth rates for earnings, sales, book value, and cash flow).
|
|
|
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. |
|
|
% of Net Assets |
 |
U.S. Stocks |
82.8 |
 |
Non-U.S. Stocks |
14.6 |
 |
Bonds |
0.0 |
 |
Cash |
2.3 |
 |
Other |
0.3 |
|
|
 |
Data through 2022-04-30 |
|
|
|
|
Morningstar Equity Sectors |
|
|
|
% of Stocks |
 |
Cyclical |
26.71 |
 |
Basic Materials |
2.79 |
 |
Consumer Cyclical |
3.46 |
 |
Financial Services |
19.35 |
 |
Real Estate |
1.11 |
|
|
|
 |
Sensitive |
49.65 |
 |
Communication Services |
5.95 |
 |
Energy |
11.91 |
 |
Industrials |
14.95 |
 |
Technology |
16.84 |
|
|
|
 |
Defensive |
23.64 |
 |
Consumer Defensive |
7.56 |
 |
Healthcare |
14.73 |
 |
Utilities |
1.35 |
|
Data through 2022-04-30 |
|
|
Total Number of Stock Holdings |
179 |
Total Number of Bond Holdings |
0 |
% of Net Assets in Top 10 Holdings |
37.50 |
|
|
Turnover % |
(as of 2021-12-31) |
15.00 |
30 Day SEC Yield % |
--- |
|
|
Sector |
P/E |
% of Net Assets
|
 |
 |
 |
 |
 |
 |
Exxon Mobil Corp |
 |
15.92 |
6.51 |
 |
Microsoft Corp |
 |
28.38 |
6.37 |
 |
Wells Fargo & Co |
 |
9.52 |
4.96 |
 |
General Electric Co |
 |
--- |
4.47 |
 |
Apple Inc |
 |
24.20 |
3.35 |
 |
|
Bank of America Corp |
 |
10.60 |
2.95 |
 |
Altria Group Inc |
 |
32.78 |
2.56 |
 |
Comcast Corp Class A |
 |
14.24 |
2.19 |
 |
Fidelity Revere Str Tr |
--- |
--- |
2.19 |
 |
Bristol-Myers Squibb Co |
 |
26.76 |
1.95 |
 |
|
 |
|
|
|
|
|
Foreign Securities, Loss of Money, Not FDIC Insured, Growth Investing, Value Investing, Issuer, Interest Rate, Market/Market Volatility, Equity Securities |
|
Show Risk Definitions |
|
|
Inception Date: 1996-12-31 |
|
Matthew W. Fruhan (2011-02-04) |
|
Fruhan is a portfolio manager with Fidelity Investments. He joined the firm in 1995 as an equity research associate following the specialty retail, automotive supply and transportation industries. |
|
|
|
Fidelity Management & Research Company LLC |
|
|
|
|
FMR Investment Management (U.K.) Limited |
Fidelity Management & Research (Japan) Limited |
Fidelity Management & Research (HK) Ltd |
|
|
 © Copyright 2022 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.
|
|