Variable Portfolio Funds
Percentage of Income from US Government Obligations
Updated for 2022
Dividends paid by VP funds includes income from direct and indirect U.S. government obligations.¹ This income may be tax exempt in your state. Because state laws vary, please consult your tax advisor or see your state's tax form instructions to determine which types of income are exempt.
VP Fund Name | Direct | Indirect |
VP Balanced Fund | 2% | 1% |
VP Capital Appreciation Fund | 0% | 0% |
VP Disciplined Core Value Fund | 0% | 0% |
VP Growth Fund | 0% | 0% |
VP Inflation Protection Fund | 77% | 3% |
VP International Fund | 0% | 0% |
VP Large Company Value Fund | 0% | 0% |
VP Mid Cap Value Fund | 0% | 0% |
VP Ultra Fund | 0% | 0% |
VP Value Fund | 0% | 0% |
Direct income is comprised of income from US Treasury Bills, Notes & Bonds, and income from SLMA, FHLB, FFCB, and TVA. Indirect income is comprised of income from FHLMC, FNMA, and GNMA.
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 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.