Morningstar® Investment Profile™   Morningstar®
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Franklin DynaTech VIP Fund - Class 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 1109
Large Growth Funds
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What is this?
As of 2024-04-30
Total Fund Assets ($ Mil)
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks capital appreciation.
The fund invests primarily in equity securities of companies that the investment manager believes are leaders in innovation, take advantage of new technologies, have superior management, and benefit from new industry conditions in the dynamically changing global economy. It invests predominantly in common stock. In pursuing these objectives, the investment manager may invest in companies in any economic sector or of any market capitalization both inside and outside of the United States, including emerging markets.
  Morningstar Category: Large Growth
Large-growth portfolios invest primarily in big U.S. companies that are projected to grow faster than other large-cap stocks. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap. Growth is defined based on fast growth (high growth rates for earnings, sales, book value, and cash flow) and high valuations (high price ratios and low dividend yields). Most of these portfolios focus on companies in rapidly expanding industries. 
  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 92.1
Bullet Non-U.S. Stocks Non-U.S. Stocks 7.5
Bullet Bonds Bonds 0.0
Bullet Cash Cash 0.5
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2024-04-30
Morningstar Equity Sectors
% of Stocks
Cyclical 17.12
Basic Materials 0.00
Consumer Cyclical 10.87
Financial Services 6.25
Real Estate 0.00
Sensitive 72.22
Communication Services 8.80
Energy 0.64
Industrials 2.25
Technology 60.53
Defensive 10.65
Consumer Defensive 0.00
Healthcare 10.65
Utilities 0.00
Data through 2024-04-30
Holding Status
Total Number of Stock Holdings 100
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 50.30
Turnover % (as of 2023-12-31) 22.25
30 Day SEC Yield % -0.39
Top Holdings
Sector P/E % of Net
NVIDIA Corp 72.42 11.59
Microsoft Corp 33.74 7.60 Inc 49.02 7.57
Alphabet Inc Class A 24.97 4.58
Meta Platforms Inc Class A 24.75 3.73
ServiceNow Inc 74.07 3.46
Mastercard Inc Class A 38.14 3.32
Synopsys Inc 58.56 2.87
ASML Holding NV ADR --- 2.83
Cadence Design Systems Inc 71.78 2.75
Data through 2024-04-30
  Principal Risks   
Foreign Securities, Loss of Money, Not FDIC Insured, Growth Investing, Active Management, Market/Market Volatility, Industry and Sector Investing, Other, Small Cap, Mid-Cap, Technology Sector
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  Other Information
Inception Date: 2005-03-01
Portfolio Manager(s)
Matthew J. Moberg   (2005-03-01)
Moberg is a Vice President, Portfolio Manager and Research Analyst of Franklin Advisers, Inc. He provides research and advice on the purchases and sales of individual securities, and portfolio risk assessment. He joined Franklin Templeton Investments in 1998. Moberg holds the Certified Public Accountant designation. Mr. Moberg earned his B.A. in history from Washington and Lee University and an M.B.A. with distinction from the University of Michigan.
Investment Advisor(s)
Franklin Advisers, Inc.
Franklin Templeton Investments
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