V.I. Main Street Fund®

Overview

The Strategy typically invests in a diversified mix of larger U.S. company stocks

Inception Date
July 5, 1995
Investment Style
Large Cap Core
Fund Index
S&P 500 Index
CUSIP
00900X827
NAV
(as of 07/22/2019)
$27.62
Total Assets
(as of 06/30/2019)
$1.28 BN
Gross Expense Ratio
(as of 06/30/2019)
0.82%
Net Expense Ratio
(as of 06/30/2019)
0.80%
Performance
Average Annual Total Returns
Calendar Year Returns
Capital Gains Distributions
as of 06/30/2019
  • B
as of 06/30/2019
  • B

Include Sales Charge
Include Sales Charge
Include Sales Charge
Include Sales Charge
  • B
Cumulative
Annualized
ytd as of 2019-06-30
1 yr 3 yr 5 yr 10 yr since inception
V.I. Main Street Fund® (NAV)
21.27% 11.76% 11.69% 9.44% 13.57% 8.91%
S&P 500 Index
18.54% 10.42% 14.19% 10.71% 14.70% 9.33%
Cumulative
Annualized
ytd as of 2019-06-30
1 yr 3 yr 5 yr 10 yr since inception
V.I. Main Street Fund® (with sales charge)
21.27% 11.76% 11.69% 9.44% 13.57% 8.91%
S&P 500 Index
18.54% 10.42% 14.19% 10.71% 14.70% 9.33%
Cumulative
Annualized
ytd as of 2019-06-30
1 yr 3 yr 5 yr 10 yr since inception
V.I. Main Street Fund® (NAV)
21.27% 11.76% 11.69% 9.44% 13.57% 8.91%
S&P 500 Index
18.54% 10.42% 14.19% 10.71% 14.70% 9.33%
Cumulative
Annualized
ytd as of 2019-06-30
1 yr 3 yr 5 yr 10 yr since inception
V.I. Main Street Fund® (with sales charge)
21.27% 11.76% 11.69% 9.44% 13.57% 8.91%
S&P 500 Index
18.54% 10.42% 14.19% 10.71% 14.70% 9.33%
Gross Expense Ratio: 0.82% | Net Expense Ratio: 0.80%

The performance data quoted represents past performance, which does not guarantee future results.  The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost.  Current performance and expense ratios may be lower or higher than the data quoted.  The Fund's total returns should not be expected to be the same as the returns of other funds, whether or not both funds have the same portfolio managers and/or similar names.  The Fund's total returns include reinvested distributions but do not include the charges associated with the separate account products that offer this Fund.  Such performance would have been lower if such charges were taken into account.

As the result of a reorganization on May 24, 2019, the returns of the fund for periods on or prior to May 24, 2019 reflect performance of the Oppenheimer predecessor fund. Share class returns will differ from the predecessor fund due to a change in expenses and sales charges.


Year V.I. Main Street Fund® S&P 500 Index
1996 32.51% 22.96%
1997 32.48% 33.36%
1998 4.70% 28.58%
1999 21.71% 21.04%
2000 -8.78% -9.10%
2001 -10.16% -11.89%
2002 -18.80% -22.10%
2003 26.72% 28.68%
2004 9.46% 10.88%
2005 5.98% 4.91%
2006 15.03% 15.79%
2007 4.43% 5.49%
2008 -38.47% -37.00%
2009 28.29% 26.46%
2010 16.11% 15.06%
2011 -0.01% 2.11%
2012 16.87% 16.00%
2013 31.77% 32.39%
2014 10.70% 13.69%
2015 3.33% 1.38%
2016 11.62% 11.96%
2017 16.91% 21.83%
2018 -7.89% -4.38%

The performance data quoted represents past performance, which does not guarantee future results.  The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost.  Current performance and expense ratios may be lower or higher than the data quoted.  The Fund's total returns should not be expected to be the same as the returns of other funds, whether or not both funds have the same portfolio managers and/or similar names.  The Fund's total returns include reinvested distributions but do not include the charges associated with the separate account products that offer this Fund.  Such performance would have been lower if such charges were taken into account.

As the result of a reorganization on May 24, 2019, the returns of the fund for periods on or prior to May 24, 2019 reflect performance of the Oppenheimer predecessor fund. Share class returns will differ from the predecessor fund due to a change in expenses and sales charges.

$ per share as of 07/23/2019

Date 2015 2016 2017 2018 2019
Short Term 0.7696 0.1051 0.3713 0.0953
Long Term 4.4076 3.4713 0.5199 2.4517 4.9920
Total Amount of Distribution 5.1772 3.5763 0.5199 2.8230 5.0873
Record Date 6/15/15 6/20/16 6/19/17 6/18/18 6/17/19
Ex Div Date 6/16/15 6/21/16 6/20/17 6/19/18 6/18/19
Pay Date 6/16/15 6/21/16 6/20/17 6/19/18 6/18/19
Portfolio

Top Issuers

(58.4% of assets as of 06/30/2019)


Portfolio Holdings Breakdown

Country
Developed Markets
Equity Sector
Industry
Asset Allocation
Market Cap 5
Country V.I. Main Street Fund® S&P 500 Index Overweight / Underweight
United States 93.7% 99.9% -6.3%
Canada 2.3% - -
United Kingdom 0.9% 0.1% 0.8%
Denmark 0.5% - -
Developed Markets V.I. Main Street Fund® S&P 500 Index Overweight / Underweight
Americas 96.0% 99.9% -3.9%
Europe 1.4% 0.1% 1.3%
Equity Sector V.I. Main Street Fund® S&P 500 Index Overweight / Underweight
Information Technology 19.9% 21.5% -1.5%
Financials 16.8% 13.1% 3.7%
Consumer Discretionary 14.6% 10.2% 4.4%
Health Care 14.6% 14.2% 0.4%
Industrials 10.1% 9.4% 0.8%
Consumer Staples 6.9% 7.3% -0.4%
Communication Services 5.1% 10.2% -5.1%
Energy 4.0% 5.0% -1.1%
Real Estate 3.1% 3.1% 0.0%
Utilities 1.4% 3.3% -1.9%
Materials 0.8% 2.8% -2.0%
Industry V.I. Main Street Fund® S&P 500 Index Overweight / Underweight
Software 8.0% 6.8% 1.3%
Banks 6.8% 5.5% 1.3%
Specialty Retail 6.3% 2.3% 4.0%
Pharmaceuticals 6.2% 4.6% 1.6%
Internet & Direct Marketing Retail 5.2% 3.7% 1.5%
Diversified Financial Services 4.4% 1.7% 2.7%
Semiconductors & Semiconductor Equipment 3.9% 3.8% 0.1%
Capital Markets 3.8% 2.7% 1.2%
Household Products 3.6% 1.7% 1.9%
Communications Equipment 3.5% 1.2% 2.3%
Health Care Providers & Services 3.5% 2.7% 0.8%
Aerospace & Defense 3.4% 2.6% 0.8%
Oil Gas & Consumable Fuels 3.3% 4.6% -1.3%
Interactive Media & Services 3.3% 4.7% -1.4%
IT Services 3.2% 5.2% -2.0%
Equity Real Estate Investment Trusts (REITs) 3.1% 3.0% 0.1%
Tobacco 2.6% 0.9% 1.7%
Road & Rail 2.2% 1.0% 1.2%
Health Care Equipment & Supplies 2.1% 3.5% -1.4%
Commercial Services & Supplies 2.0% 0.4% 1.6%
Asset Allocation V.I. Main Street Fund® S&P 500 Index Overweight / Underweight
Equity 97.4% 100.0% -2.6%
Market Cap V.I. Main Street Fund® S&P 500 Index Overweight / Underweight
Large 85.4% 90.9% -5.4%
Mid 11.9% 9.1% 2.8%
Analytics
(As of 06/30/2019)

Morningstar 06/30/2019 (based on risk adjusted performance)
  • A
Overall Rating
Number of Funds
219
Category
Large Blend
Performance Statistics
3Y
5Y
Alpha
-2.18
-1.09
Beta
1.00
0.99
Information Ratio
-1.01
-0.58
R-Squared
96.02
96.79
Sharpe Ratio
0.84
0.73
Standard Deviation
12.43
12.16
Upside Capture
91.97
95.98
Downside Capture
103.09
102.61
Sortino Ratio
1.23
1.14
Win Ratio
44.00
48.00
Loss Ratio
56.00
52.00
Tracking Error
2.48
2.18
Yields
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$232.90 B
$242.60 B
Median Market Cap (weighted)
$86.07 B
$113.22 B
P/E Ratio (LTM)
19.98
19.39
P/E Ratio (NTM)
16.82
16.95
Price/Book
3.92
3.38
Debt to Capital Ratio
51.94
47.21
Turnover Ratio
65%
-
Active Share
73.45%
-
Dividends
Est. Frequency
Annual
Last Pay Date
6/18/2019
Per Share ($)
$0.3379
12-Month Distribution ($)
$0.3379
Team
Tools
Morningstar logo 95x28 trans
Documents
  1. 1. As of 4/30/13, Oppenheimer Main Street Fund®/VA’s investment objective changed from "seeks total return” to “seeks capital appreciation.”
  2. 2. Mid-sized company stock is typically more volatile than that of larger company stock. It may take a substantial period of time to realize a gain on an investment in a mid-sized company, if any gain is realized at all. Diversification does not guarantee profit or protect against loss.
  3. 3. The S&P 500® Index is a capitalization-weighted index of 500 stocks intended to be a representative sample of leading companies in leading industries within the U.S. economy. Index includes reinvestment of dividends but does not include fees, expenses, or taxes. The index is unmanaged and cannot be purchased directly by investors.   Index performance is shown for illustrative purposes only and does not predict or depict performance of the Fund. Past performance does not guarantee future results.
  4. 4. Holdings are subject to change, and are dollar weighted based on total new assets. Negative weightings may result from the use of leverage. Leverage involves the use of various financial instruments or borrowed capital in an attempt to increase investment return. Leverage risks include potential for higher volatility, greater decline of the Fund’s net asset value and fluctuations of dividends and distributions paid by the Fund.
  5. 5. Holdings are subject to change, are dollar-weighted based on assets, and may not reflect the use of leverage in the Fund. Market Cap breakdown is calculated using Morningstar's methodology and those capitalization standards may not align with those in the Fund's prospectus.
  6. A. The Morningstar Rating&trade; for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 star s, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Invesco Oppenheimer V.I. Main Street Fund was rated against the following numbers of Large Blend funds over the following time periods: the fund was rated 2 stars among 219 funds in the last three years, 3 stars among 207 in the last five years, and 3 stars among 172 in the last ten years. <strong>Past performance does not guarantee future results.</strong>
  7. B. The performance data quoted represents past performance, which does not guarantee future results.  The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost.  Current performance and expense ratios may be lower or higher than the data quoted.  The Fund's total returns should not be expected to be the same as the returns of other funds, whether or not both funds have the same portfolio managers and/or similar names.  The Fund's total returns include reinvested distributions but do not include the charges associated with the separate account products that offer this Fund.  Such performance would have been lower if such charges were taken into account.

    As the result of a reorganization on May 24, 2019, the returns of the fund for periods on or prior to May 24, 2019 reflect performance of the Oppenheimer predecessor fund. Share class returns will differ from the predecessor fund due to a change in expenses and sales charges.
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