VIP Consumer Staples Portfolio
Variable Insurance Products Fund IV
Expense ratio
Net assets1
$224.11M
Holdings1
46
Category
US Equity
Return

Investment objective & strategy

As of April 18, 2025 · prospectus

Objective. VIP Consumer Staples Portfolio seeks capital appreciation.

Strategy. Normally investing primarily in common stocks.Normally investing at least 80% of assets in securities of companies principally engaged in the manufacture, sale, or distribution of consumer staples. These companies may include, for example, drug stores and pharmacies; retail food stores and super centers; producers of packaged foods and tobacco products; breweries, vintners, distillers, and non-alcoholic beverage producers; producers of agricultural products; and producers of non-durable household products and personal and beauty care products. For purposes of the fund's policy to normally invest at least 80% of its assets in securities of companies principally engaged in the business activity or activities identified for the fund, Fidelity may consider a company to be principally engaged in the designated business activity or activities … Normally investing primarily in common stocks.Normally investing at least 80% of assets in securities of companies principally engaged in the manufacture, sale, or distribution of consumer staples. These companies may include, for example, drug stores and pharmacies; retail food stores and super centers; producers of packaged foods and tobacco products; breweries, vintners, distillers, and non-alcoholic beverage producers; producers of agricultural products; and producers of non-durable household products and personal and beauty care products. For purposes of the fund's policy to normally invest at least 80% of its assets in securities of companies principally engaged in the business activity or activities identified for the fund, Fidelity may consider a company to be principally engaged in the designated business activity or activities based on: (i) the level of a company's assets, income, sales, or profits that are committed to, derived from, or related to the designated business activity or activities, or (ii) whether a third party has given the company an industry or sector classification consistent with the designated business activity or activities. Whether a company is principally engaged in the designated business activity or activities can be determined under any of these factors. Effective December 11, 2025, derivative instruments that provide investment exposure to the investments above or exposure to one or more market risk factors associated with such investments are included in the fund's 80% policy, consistent with the fund's investment policies and limitations with respect to investments in derivatives. Investing in domestic and foreign issuers.Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.

Top holdings

As of March 31, 2026 · N-PORT
SecurityTickerValue% of fund
COCA-COLA CO/THE $31.78M 14.18%
PROCTER & GAMBLE $23.61M 10.54%
COSTCO WHOLESALE CORP $20.68M 9.23%
WALMART INC $17.41M 7.77%
KEURIG DR PEPPER INC $15.59M 6.96%
KENVUE INC $10.94M 4.88%
MONDELEZ INTL INC $10.06M 4.49%
Fidelity Securities Lending Cash Central Fund $9.00M 4.02%
TARGET CORP $8.81M 3.93%
SPONSORED ADR BTI $5.93M 2.65%
View all holdings →

Allocation by sector

As of March 31, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Dec 31, 2025 → Mar 31, 2026
Opened
8
Exited
4
Increased
19
Decreased
17
Unchanged
2

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

View portfolio moves →

Similar funds

Funds whose portfolios most overlap this one, by weight
FundOverlapNet exp.
Select Consumer Staples Portfolio · FDFAX, FDAGX, FDCGX, FDTGX, FDIGX, FIJCX 93% 0.58%
Fidelity MSCI Consumer Staples Index ETF · FSTA 57% 0.08%
VANGUARD CONSUMER STAPLES INDEX FUND · VCSAX, VDC 57% 0.09%
View all similar funds →

Advisers

As of December 31, 2025 · N-CEN
FirmRole
FMR Investment Management (UK) Limited Sub-adviser
Fidelity Management & Research (Japan) Limited Sub-adviser
Fidelity Management & Research (Hong Kong) Limited Sub-adviser
Fidelity Management & Research Company LLC Adviser

Footnotes

  1. Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.

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