Review our resources for client conversations.
Help clients understand how our distinct business model funds innovative medical research.
We're always looking for exceptional team members.
American Century Investments Variable Portfolio Funds (VP Funds) are a series of investment choices available exclusively through variable annuity and variable universal life products. There are no plans to distribute VP Funds in any other way. Performance will vary based on the fees and expenses assessed with investments in variable insurance products. Those charges are disclosed in the separate account prospectus.
The Value of Balancing Risk and Return. VP Value Fund is a foundational large-cap value portfolio designed to deliver higher returns with lower volatility over time through investments in high-quality companies temporarily selling at a discount.
Seeks long-term capital growth. Income is a secondary objective.
VP Value Fund is a large-cap value equity portfolio seeking capital appreciation with income as a secondary objective. In addition, the managers seek to:
The portfolio is consistently focused on characteristics the managers believe improve the odds of generating higher returns with less risk:
VP Value may help improve risk-adjusted return potential at the core of investor portfolios:
The value and/or returns of a portfolio will fluctuate with market and economic conditions. Different investment styles tend to shift in and out of favor depending upon market and economic conditions, as well as investor sentiment. A fund may outperform or underperform other funds that employ a different investment style. International investing involves special risk considerations, including economic and political conditions, inflation rates and currency fluctuations. There is no guarantee that the investment objectives will be met. Dividends and yields represent past performance and there is no guarantee that they will continue to be paid.
Long-term capital growth and income by investing in the stocks of companies of all sizes the managers believe to be undervalued.
Seeks higher returns, lower volatility and attractive yields with consistent large-cap value exposure. Has the flexibility to invest in high-quality companies of any size temporarily selling at a discount.
Average annual total returns illustrate the annual compounded returns that would have produced the cumulative total return if the fund's performance had remained constant throughout the period indicated. Returns for periods less than one year are not annualized.
For periods prior to the inception of a class, performance is for the oldest class, restated with applicable fees, if any.
Senior Vice President, Executive Portfolio Manager
Chief Investment Officer — Global Value Equity, Senior Vice President, Senior Portfolio Manager
Vice President, Senior Portfolio Manager
Vice President, Portfolio Manager
Portfolio Manager, Senior Investment Analyst
Returns or yields for the fund would have been lower if .12% of the management fee had not been waived. The advisor expects this waiver to continue until July 31, 2023, and cannot terminate it prior to such date without the approval of the Board of Directors. The management fee has been restated to reflect the decrease in the management fee schedule effective August 1, 2021. Review the annual or semiannual report for the most current information.
The VP Funds are managed by the same management team using the same objectives, approach, and philosophy as the retail fund. The VP portfolios are managed in a manner that under normal circumstances should produce similar performance. However, it is important to note that there are additional fees and charges assessed with investments in variable insurance products, those charges are disclosed in the separate account prospectus. The fees and charges will reduce returns when compared to that of the retail fund. There is no guarantee that the management team will achieve the same or similar performance in the future.
The value and/or returns of a portfolio will fluctuate with market and economic conditions.
Different investment styles tend to shift in and out of favor depending upon market and economic conditions, as well as investor sentiment. A fund may outperform or underperform other funds that employ a different investment style.
International investing involves special risk considerations, including economic and political conditions, inflation rates and currency fluctuations.
Please see the prospectus for details about sales charges.
The gross expense ratio is the fund's total annual operating costs, expressed as a percentage of the fund's average net assets for a given time period. It is gross of any fee waivers or expense reimbursement. The net expense ratio is the expense ratio after the application of any waivers or reimbursement. This is the actual ratio that investors paid during the fund's most recent fiscal year. Please see the prospectus for more information.
©2022 Morningstar, Inc. All Rights Reserved. Certain 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 losses arising from any use of this information.
The Russell 1000® Index is a trademark/service mark of the Frank Russell Company. Russell® is trademark of the Frank Russell Company.
For detailed descriptions of indices or investing terms referenced above, refer to our glossary.