Morningstar® Investment Profile™   Morningstar®
Disclosure
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for Print
Fidelity VIP Growth & Income 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 1294
Large Blend Funds
Morningstar®
Style Box™
What is this?
As of 2024-03-31
Total Fund Assets ($ Mil)
2,249.34
View Historical Morningstar Star Ratings and Definitions
  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 Blend
Large-blend portfolios are fairly representative of the overall US stock market in size, growth rates and price. Stocks in the top 70% of the capitalization of the US equity market are defined as large cap. The blend style is assigned to portfolios where neither growth nor value characteristics predominate. These portfolios tend to invest across the spectrum of US industries, and owing to their broad exposure, the portfolios' returns are often similar to those of the S&P 500 Index. 
  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 85.8
Bullet Non-U.S. Stocks Non-U.S. Stocks 12.4
Bullet Bonds Bonds 0.0
Bullet Cash Cash 1.6
Bullet Other Other 0.3
Asset Allocation Rescaled Graph
Data through 2024-03-31
Morningstar Equity Sectors
% of Stocks
Cyclical 25.48
Basic Materials 1.68
Consumer Cyclical 2.50
Financial Services 19.51
Real Estate 1.79
Sensitive 53.82
Communication Services 3.75
Energy 9.77
Industrials 16.79
Technology 23.51
Defensive 20.70
Consumer Defensive 5.75
Healthcare 12.94
Utilities 2.01
Data through 2024-03-31
Holding Status
Total Number of Stock Holdings 177
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 41.86
Turnover % (as of 2023-12-31) 15.00
30 Day SEC Yield % ---
Top Holdings
Sector P/E % of Net
Assets
Microsoft Corp 33.74 8.83
Exxon Mobil Corp 14.49 7.04
Wells Fargo & Co 12.36 6.49
GE Aerospace 42.58 5.68
NVIDIA Corp 72.42 3.11
Bank of America Corp 12.76 2.75
Apple Inc 26.49 2.49
Visa Inc Class A 30.05 1.99
UnitedHealth Group Inc 29.53 1.81
Comcast Corp Class A 10.11 1.67
Data through 2024-03-31
  Principal Risks   
Foreign Securities, Loss of Money, Not FDIC Insured, Growth Investing, Value Investing, Issuer, Interest Rate, Market/Market Volatility, Equity Securities
Show Risk Definitions
  Other Information
Inception Date: 1996-12-31
Portfolio Manager(s)
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.
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

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