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Franklin DynaTech VIP Fund

As of 10/31/2025

NAV 1

$6.93

 
 

Overview

Fund Description

The fund seeks capital appreciation by investing primarily in companies which management believes are leaders in innovation, take advantage of new technologies, have superior management, and benefit from new industry conditions in the dynamically changing global economy.

Fund Information
Asset Class 
Equity
Total Net Assets  As of 09/30/2025 (Updated Monthly)
$197.63 Million
Fund Inception Date 
03/01/2005
Share Class Inception Date 
03/01/2005
Benchmark 
Russell 1000 Growth Index
Additional Benchmark 
S&P 500 Index
Investment Style 
Growth
Lipper Classification 
Large-Cap Growth Funds
Morningstar Category 
Large Growth
Portfolio Turnover 
22%
Sales Charges, Expenses & Fees
As of 05/01/2025
Gross Expense Ratio2 
0.87%
Net Expense Ratio23 
0.87%
12b-1 Fee 
0.25%
Identifiers
Ticker 
-
Fund Number 
729
CUSIP Code 
355150269
Bloomberg Code 
FFCGVIP US

Portfolio Managers

Matthew Moberg

California, United States

Managed Fund Since 2005

Portfolio

Portfolio Holdings

Holdings

As of 09/30/2025 Updated Monthly
Security Name 
NVIDIA Corp COM USD.001
Weight (%) 
10.89
Market Value ($) 
21,518,645
Quantity 
115,332
Security Name 
Microsoft Corp COM USD0.001
Weight (%) 
7.15
Market Value ($) 
14,121,389
Quantity 
27,264
Security Name 
Amazon.com Inc COM USD.01
Weight (%) 
6.73
Market Value ($) 
13,298,037
Quantity 
60,564
Security Name 
Broadcom Inc COM USD 1
Weight (%) 
5.38
Market Value ($) 
10,637,618
Quantity 
32,244
Security Name 
Alphabet Inc COM USD.001 CL A
Weight (%) 
5.08
Market Value ($) 
10,032,494
Quantity 
41,269
Security Name 
Meta Platforms Inc COM USD NPV CL A
Weight (%) 
5.07
Market Value ($) 
10,010,334
Quantity 
13,631
Security Name 
Mastercard Inc COM USD.0001 CL A
Weight (%) 
3.45
Market Value ($) 
6,826,858
Quantity 
12,002
Security Name 
Applovin Corp COM USD 0.00003 CL A
Weight (%) 
3.05
Market Value ($) 
6,019,210
Quantity 
8,377
Security Name 
Shopify Inc ORD CAD NPV CL A
Weight (%) 
2.65
Market Value ($) 
5,234,889
Quantity 
35,236
Security Name 
Taiwan Semiconductor Manufacturing Co Ltd SPONSORED ADR
Weight (%) 
2.55
Market Value ($) 
5,033,644
Quantity 
18,023

Portfolio holdings are based on the total portfolio and are subject to change at any time. Holdings are provided for informational purposes only and should not be construed as a recommendation to purchase or sell any security. 

Distributions & Tax

Distributions

Distribution Schedules

Dividend Frequency, if any  This fund is an ex-Dividend fund
Annually

Annually, a fund must distribute all realized capital gains net of realized losses, so the fund will not be subject to an entity level income tax. A fund’s capital gain distribution in a particular year may be a result of the disposition of holdings that appreciated in value during prior years. Thus, while the fund may gain or lose value over the course of a year, a capital gain distribution paid by the fund may not be indicative of current performance of the fund.

The distributable amount of net capital gains are paid on a per-share basis to all investors who hold shares of the fund on the record date of the distribution and are recognized by the shareholder for tax purposes as of the ex-date of the distribution, regardless of when the gains or losses arose in the fund. Net gains on holdings held long term by the fund would be distributed to shareholders as a long-term capital gain distribution no matter how long the shareholder has owned shares in the fund.

Refer to the fund’s annual report or statement of additional information for specific information regarding distributions.

Tax Information

Tax Information

Federal ID Number 20-2122223
For information on tax years prior to 2008, please contact us
These amounts represent distributions paid by the fund, foreign taxes passed through (if any), and other distribution characteristics for the calendar year selected. These amounts are reported to shareholders on Form 1099-DIV.
Distributions per Share ($)
Record Date  
Jun 14
Ordinary Dividends  
Qualified Dividends  
Capital Gain Distributions  
Unrecaptured Section 1250 Gain  
Non-Taxable Return Of Capital  
Section 199a Dividends  
Foreign Tax Paid  
Exempt Interest Dividends  
Interest on Tax Reclaim Refunds  
Record Date  
Ordinary Dividends  
Qualified Dividends  
Capital Gain Distributions  
Unrecaptured Section 1250 Gain  
Non-Taxable Return Of Capital  
Section 199a Dividends  
Foreign Tax Paid  
Exempt Interest Dividends  
Interest on Tax Reclaim Refunds  
Supplemental Tax Information
Foreign Source Income 
Foreign Source Qualified Dividends 
Direct U.S. Government Obligations 
Specified Private Activity Bond Interest 
Dividends Received Deduction 
Section 163(j) 
Indiana Resident Taxable Income 
Utah Resident Taxable Income 

Franklin Templeton and its specialized investment managers and its employees are not in the business of providing tax or legal advice to taxpayers. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties or complying with any applicable tax laws or regulations. Tax-related statements, if any, may have been written in connection with the promotion or marketing of the transaction(s) or matter(s) addressed by these materials, to the extent allowed by applicable law. Each investor’s tax situation is different, and is based on an individual’s tax bracket, type of account used for investment and other factors. Any such taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.

Documents

Regulatory Documents

PDF Format

Statement of Additional Information - Franklin Templeton Variable Insurance Products

Mailed hardcopies unavailable.

PDF Format

Prospectus - Franklin Templeton Variable Insurance Products

PDF Format

Fiscal Q3 Holdings - Franklin Templeton Variable Insurance Products

Mailed hardcopies unavailable.

PDF Format

Fiscal Q1 Holdings - Franklin Templeton Variable Insurance Products

Mailed hardcopies unavailable.

PDF Format

Summary Prospectus - Franklin DynaTech VIP Fund

PDF Format

Annual Financial Statements and Other Information - Franklin Dynatech VIP Fund

Mailed hardcopies unavailable.

PDF Format

Annual Report - Franklin DynaTech VIP Fund - Class 2

PDF Format

Semi-Annual Financial Statements and Other Information - Franklin Dynatech VIP Fund

Mailed hardcopies unavailable.

PDF Format

Semi-Annual Report - Franklin DynaTech VIP Fund - Class 2

Risks

What Are The Risks?

All investments involve risks, including possible loss of principal. Equity securities are subject to price fluctuation and possible loss of principal. To the extent the portfolio invests in a concentration of certain securities, regions or industries, it is subject to increased volatility. Small- and mid-cap stocks involve greater risks and volatility than large-cap stocks. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. The manager may consider environmental, social and governance (ESG) criteria in the research or investment process; however, ESG considerations may not be a determinative factor in security selection. In addition, the manager may not assess every investment for ESG criteria, and not every ESG factor may be identified or evaluated. These and other risks are discussed in the fund’s prospectus.