Morningstar® Investment Profile™   Morningstar®
Disclosure
  Format
for Print
LVIP American Century Infl Prot Svc
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 141
Inflation-Protected Bond Funds
Morningstar®
Style Box™
What is this?
As of 2024-03-31
Total Fund Assets ($ Mil)
550.75
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks long-term total return using a strategy that seeks to protect against U.S. inflation.
The fund invests substantially all of its assets in investment-grade debt securities. To help protect against U.S. inflation, under normal conditions the fund will invest over 50% of its assets in inflation-indexed debt securities. It also may invest in debt securities that are not inflation-indexed. The fund also may invest in derivative instruments, provided that such investments are in keeping with the fund's investment objective.
  Morningstar Category: Inflation-Protected Bond
Inflation-protected bond portfolios invest primarily in debt securities that adjust their principal values in line with the rate of inflation. These bonds can be issued by any organization, but the U.S. Treasury is currently the largest issuer for these types of securities. 
  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
U.S. Stocks 0.0
Non-U.S. Stocks 0.0
Bonds 96.7
Cash 3.3
Other 0.0
Total 100.0
Asset Allocation Long/Short/Net Graph
Data through 2024-03-31
Morningstar Fixed-Income Sectors
% Fund
Government 79.35
Corporate 4.81
Securitized 11.65
Municipal 0.27
Cash & Equivalents 3.92
Derivative 0.00
Data through 2024-03-31
Credit Analysis
% Bonds
AAA 83.41
AA 4.59
A 6.33
BBB 1.67
BB 0.00
B 0.00
Below B 0.00
Not Rated 3.99
Data through 2024-03-31
Credit Analysis Graph
Holding Status
Total Number of Stock Holdings 0
Total Number of Bond Holdings 161
% of Net Assets in Top 10 Holdings 31.46
Turnover % (as of 2023-12-31) 28.00
30 Day SEC Yield % 6.48
Top Holdings
Maturity
Date
Shares
Value
$000
% of Net
Assets
Federal National Mortgage Association 6.625% 2030-11-15 27,000 30,490 4.91
2 Year Treasury Note Future June 24 2024-06-28 24,000 24,538 3.96
United States Treasury Notes 0.5% 2028-01-15 19,443 18,402 2.97
United States Treasury Notes 1.375% 2033-07-15 19,162 18,401 2.97
United States Treasury Notes 0.125% 2032-01-15 21,050 18,400 2.97
Us 5yr Note (Cbt) Jun24 Xcbt 20240628 2024-06-28 16,200 17,337 2.79
Federal Home Loan Mortgage Corp. 6.25% 2032-07-15 15,050 17,118 2.76
United States Treasury Notes 0.125% 2026-04-15 17,782 17,033 2.75
United States Treasury Notes 0.125% 2031-01-15 18,838 16,767 2.70
United States Treasury Notes 0.125% 2031-07-15 18,814 16,653 2.68
Data through 2024-03-31
  Principal Risks   
Credit and Counterparty, Extension, Prepayment (Call), Foreign Securities, Loss of Money, Not FDIC Insured, Interest Rate, Market/Market Volatility, Restricted/Illiquid Securities, Derivatives, Shareholder Activity, Structured Products
Show Risk Definitions
  Other Information
Inception Date: 2002-12-31
Portfolio Manager(s)
James E. Platz   (2007-09-28)
Platz is vice president and a senior portfolio manager with American Century, his employer since October 2003. Prior to joining American Century, Platz was a vice president, senior portfolio manager for Standish Mellon Asset Management, formerly Certus Asset Advisors, since August 1995. He received a bachelor’s degree in history and political economies of industrial societies from the University of California – Berkeley, and an MBA from the University of Southern California. He is a CFA charterholder.
Robert V. Gahagan   (2002-12-31)
Mr. Gahagan, Senior Vice President and Senior Portfolio Manager, joined American Century Investments in 1983.  He became a portfolio manager in 1991. He has a bachelor’s degree in economics and an MBA from the University of Missouri – Kansas City.
Miguel Castillo   (2015-05-01)
Miguel Castillo is a vice president and portfolio manager for American Century Investments®. Mr. Castillo, who joined the company in 2008 as a portfolio research analyst in the Portfolio Advisory Group, served as senior fixed income trader prior to becoming portfolio manager. Mr. Castillo is a member of the Rates and Currency Markets team within the firm's Fixed Income group, where he contributes his expertise to the management of a number of fixed income strategies. Before joining American Century Investments, he was a fixed income trader with Banco de Mexico, where he implemented monetary policy. He has worked in the investment industry since 2002. Mr. Castillo holds a bachelor's degree in banking and finance from Escuela Bancaria Y Comercial, Mexico City, and a master's degree in business administration from the University of Minnesota.
Investment Advisor(s)
Lincoln Financial Investments Corporation
Issuer
Lincoln Variable Insurance Product Tr
Subadvisor(s)
American Century Investment Management Inc
Show Data Definitions

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