Investment objective & strategy
As of Sept. 26, 2025 · prospectusObjective. The Fund seeks long-term capital appreciation.
Strategy. The Fund invests, under normal circumstances, at least 80% of net assets in the common stocks of companies that are expected to benefit from the development, advancement, and use of science and/or technology. Investments may also include companies that should benefit from technological advances even if they are not directly involved in research and development. The Fund may invest in suitable technology companies through initial public offerings (IPOs), and a portion of the Funds returns may be attributable to the Funds investments in IPOs. There is no guarantee that as the Funds assets grow it will be able to experience significant improvement in performance by investing in IPOs. The Fund may invest up to 50% of its total assets in … The Fund invests, under normal circumstances, at least 80% of net assets in the common stocks of companies that are expected to benefit from the development, advancement, and use of science and/or technology. Investments may also include companies that should benefit from technological advances even if they are not directly involved in research and development. The Fund may invest in suitable technology companies through initial public offerings (IPOs), and a portion of the Funds returns may be attributable to the Funds investments in IPOs. There is no guarantee that as the Funds assets grow it will be able to experience significant improvement in performance by investing in IPOs. The Fund may invest up to 50% of its total assets in foreign securities, which include non-dollar denominated securities traded outside the U.S. In addition, the Fund has the ability to invest up to 30% of its total assets in companies organized or headquartered in emerging market countries, but no more than 20% of its total assets may be invested in any one emerging market country. The Fund may also invest in privately placed securities. The Fund is a non-diversified fund, which means that it may invest in a smaller number of issuers than a diversified fund. The Subadvisers may engage in frequent and active trading of portfolio securities to achieve the Funds investment objective. In order to generate additional income, the Fund may lend portfolio securities to broker-dealers and other financial institutions provided that the value of the loaned securities does not exceed 30% of the Funds total assets. These loans earn income for the Fund and are collateralized by cash and securities issued or guaranteed by the U.S. Government or its agencies or instrumentalities. Investors will be given at least 60 days written notice in advance of any change to the Funds 80% investment policy set forth above.
Top holdings
As of Feb. 28, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| NVIDIA CORP | — | $369.43M | 12.19% |
| APPLE INC | — | $224.06M | 7.39% |
| BROADCOM INC | — | $201.48M | 6.65% |
| MICROSOFT CORP | — | $182.56M | 6.02% |
| SAMSUNG ELECTRONICS CO LTD | — | $169.56M | 5.59% |
| ALPHABET INC CL C | — | $156.93M | 5.18% |
| LAM RESEARCH CORP | — | $89.36M | 2.95% |
| META PLATFORMS INC CL A | — | $84.31M | 2.78% |
| TAIWAN SEMIC MFG CO LTD SP ADR | — | $79.80M | 2.63% |
| MICRON TECHNOLOGY INC | — | $67.35M | 2.22% |
Portfolio moves
Nov 30, 2025 → Feb 28, 2026How 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.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| BlackRock Technology Opportunities Fund · BGSIX, BSTSX, BGSAX, BGSCX | 69% | 0.84% |
| iShares Technology Opportunities Active ETF | 67% | 0.75% |
| Columbia Global Technology Growth Fund · CTCAX, CTHCX, CMTFX, CTHRX, CGTUX, CGTDX | 62% | 0.81% |
Advisers
| Firm | Role |
|---|---|
| BlackRock Investment Management, LLC | Sub-adviser |
| Voya Investment Management Co. LLC | Sub-adviser |
| The Variable Annuity Life Insurance Company | Adviser |
Footnotes
- Expense ratio as of September 26, 2025, from the fund's prospectus.
- Net assets and holdings count as of February 28, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
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