LVIP SSGA Short-Term Bond Index Fund
Schedule of Investments
September 30, 2021 (unaudited)
Principal Amount° | Value (U.S. $) | ||
CORPORATE BONDS–99.25% | |||
Aerospace & Defense–1.68% | |||
Boeing | |||
1.17% 2/4/23 | 220,000 | $ 220,488 | |
1.43% 2/4/24 | 1,000,000 | 1,001,495 | |
1.95% 2/1/24 | 250,000 | 255,851 | |
2.13% 3/1/22 | 200,000 | 200,885 | |
2.70% 5/1/22 | 240,000 | 243,075 | |
4.51% 5/1/23 | 750,000 | 792,346 | |
General Dynamics | |||
2.25% 11/15/22 | 150,000 | 152,526 | |
3.38% 5/15/23 | 350,000 | 366,428 | |
L3Harris Technologies 3.85% 6/15/23 | 300,000 | 316,082 | |
Northrop Grumman 3.25% 8/1/23 | 300,000 | 314,966 | |
Raytheon Technologies 3.20% 3/15/24 | 250,000 | 264,924 | |
Teledyne Technologies 0.95% 4/1/24 | 250,000 | 250,437 | |
4,379,503 | |||
Agriculture–1.02% | |||
Altria Group 4.00% 1/31/24 | 350,000 | 376,850 | |
BAT Capital 3.22% 8/15/24 | 350,000 | 371,037 | |
Bunge Limited Finance 3.00% 9/25/22 | 200,000 | 204,658 | |
Philip Morris International | |||
1.13% 5/1/23 | 635,000 | 643,052 | |
2.50% 11/2/22 | 250,000 | 255,528 | |
2.88% 5/1/24 | 250,000 | 263,800 | |
Reynolds American 4.85% 9/15/23 | 500,000 | 541,134 | |
2,656,059 | |||
Airlines–0.19% | |||
Southwest Airlines 4.75% 5/4/23 | 460,000 | 489,698 | |
489,698 | |||
Auto Manufacturers–4.48% | |||
American Honda Finance | |||
0.40% 10/21/22 | 250,000 | 250,355 | |
0.65% 9/8/23 | 190,000 | 190,727 | |
0.75% 8/9/24 | 1,000,000 | 999,685 | |
0.88% 7/7/23 | 365,000 | 367,853 | |
2.05% 1/10/23 | 550,000 | 561,805 | |
2.60% 11/16/22 | 200,000 | 204,957 | |
3.55% 1/12/24 | 250,000 | 266,131 | |
General Motors | |||
4.88% 10/2/23 | 750,000 | 810,642 | |
5.40% 10/2/23 | 600,000 | 654,335 | |
General Motors Financial | |||
1.05% 3/8/24 | 895,000 | 898,877 | |
1.70% 8/18/23 | 455,000 | 463,597 | |
3.25% 1/5/23 | 250,000 | 257,843 |
Principal Amount° | Value (U.S. $) | ||
CORPORATE BONDS (continued) | |||
Auto Manufacturers (continued) | |||
General Motors Financial (continued) | |||
4.15% 6/19/23 | 350,000 | $ 369,908 | |
PACCAR Financial | |||
0.35% 8/11/23 | 400,000 | 399,821 | |
0.35% 2/2/24 | 80,000 | 79,630 | |
0.50% 8/9/24 | 140,000 | 139,639 | |
0.80% 6/8/23 | 30,000 | 30,172 | |
1.90% 2/7/23 | 200,000 | 204,134 | |
2.65% 4/6/23 | 65,000 | 67,147 | |
Stellantis 5.25% 4/15/23 | 500,000 | 533,315 | |
Toyota Motor Credit | |||
0.35% 10/14/22 | 250,000 | 250,397 | |
0.40% 4/6/23 | 145,000 | 145,218 | |
0.45% 1/11/24 | 350,000 | 349,181 | |
0.50% 8/14/23 | 1,060,000 | 1,062,708 | |
0.50% 6/18/24 | 250,000 | 248,788 | |
0.63% 9/13/24 | 190,000 | 189,580 | |
0.68% 3/25/24 | 300,000 | 300,373 | |
2.70% 1/11/23 | 350,000 | 360,605 | |
2.90% 3/30/23 | 630,000 | 654,109 | |
3.45% 9/20/23 | 350,000 | 370,732 | |
11,682,264 | |||
Auto Parts & Equipment–0.10% | |||
Magna International 3.63% 6/15/24 | 250,000 | 268,232 | |
268,232 | |||
Banks–37.96% | |||
Australia & New Zealand Banking Group | |||
2.05% 11/21/22 | 500,000 | 510,538 | |
2.63% 11/9/22 | 200,000 | 205,201 | |
Banco Bilbao Vizcaya Argentaria 0.88% 9/18/23 | 450,000 | 452,727 | |
Banco Santander | |||
μ0.70% 6/30/24 | 550,000 | 551,006 | |
2.71% 6/27/24 | 500,000 | 525,893 | |
3.13% 2/23/23 | 200,000 | 207,122 | |
3.85% 4/12/23 | 400,000 | 420,055 | |
Bank of America | |||
μ0.52% 6/14/24 | 750,000 | 749,683 | |
μ0.81% 10/24/24 | 600,000 | 602,078 | |
μ0.98% 4/22/25 | 700,000 | 703,723 | |
μ0.98% 9/25/25 | 500,000 | 500,690 | |
μ1.49% 5/19/24 | 950,000 | 964,077 | |
2.50% 10/21/22 | 100,000 | 100,107 | |
μ3.00% 12/20/23 | 1,100,000 | 1,133,627 | |
3.30% 1/11/23 | 500,000 | 518,889 | |
μ3.46% 3/15/25 | 750,000 | 797,934 | |
μ3.55% 3/5/24 | 700,000 | 729,710 | |
μ3.86% 7/23/24 | 1,000,000 | 1,058,291 | |
4.10% 7/24/23 | 300,000 | 319,832 | |
4.13% 1/22/24 | 750,000 | 810,738 | |
4.20% 8/26/24 | 750,000 | 820,374 |
LVIP SSGA Short-Term Bond Index Fund–1
LVIP SSGA Short-Term Bond Index Fund
Schedule of Investments (continued)
Principal Amount° | Value (U.S. $) | ||
CORPORATE BONDS (continued) | |||
Banks (continued) | |||
Bank of Montreal | |||
0.40% 9/15/23 | 170,000 | $ 170,147 | |
0.45% 12/8/23 | 355,000 | 355,293 | |
0.63% 7/9/24 | 1,180,000 | 1,177,549 | |
2.05% 11/1/22 | 290,000 | 295,560 | |
2.55% 11/6/22 | 200,000 | 204,679 | |
μ4.34% 10/5/28 | 250,000 | 266,948 | |
Bank of New York Mellon | |||
0.35% 12/7/23 | 415,000 | 414,588 | |
0.50% 4/26/24 | 500,000 | 499,043 | |
1.85% 1/27/23 | 190,000 | 193,621 | |
2.20% 8/16/23 | 300,000 | 309,731 | |
3.45% 8/11/23 | 350,000 | 370,166 | |
3.50% 4/28/23 | 150,000 | 157,418 | |
Bank of Nova Scotia | |||
0.40% 9/15/23 | 200,000 | 199,950 | |
0.55% 9/15/23 | 350,000 | 350,921 | |
0.65% 7/31/24 | 420,000 | 419,287 | |
0.70% 4/15/24 | 250,000 | 250,013 | |
1.63% 5/1/23 | 450,000 | 459,193 | |
1.95% 2/1/23 | 200,000 | 204,262 | |
2.00% 11/15/22 | 200,000 | 203,923 | |
2.38% 1/18/23 | 200,000 | 205,382 | |
3.40% 2/11/24 | 500,000 | 531,388 | |
Barclays | |||
μ1.01% 12/10/24 | 740,000 | 743,403 | |
3.68% 1/10/23 | 300,000 | 302,669 | |
μ3.93% 5/7/25 | 750,000 | 804,894 | |
μ4.34% 5/16/24 | 450,000 | 476,332 | |
BBVA USA 2.50% 8/27/24 | 250,000 | 262,180 | |
BNP Paribas 3.25% 3/3/23 | 250,000 | 260,416 | |
BPCE SA 4.00% 4/15/24 | 350,000 | 379,044 | |
Canadian Imperial Bank of Commerce | |||
0.45% 6/22/23 | 185,000 | 184,994 | |
0.50% 12/14/23 | 250,000 | 249,722 | |
0.95% 6/23/23 | 755,000 | 761,263 | |
3.10% 4/2/24 | 250,000 | 264,889 | |
Citigroup | |||
μ0.78% 10/30/24 | 750,000 | 752,876 | |
μ0.98% 5/1/25 | 1,375,000 | 1,379,453 | |
μ1.68% 5/15/24 | 700,000 | 713,616 | |
2.70% 10/27/22 | 750,000 | 767,835 | |
3.50% 5/15/23 | 500,000 | 523,796 | |
μ4.04% 6/1/24 | 850,000 | 898,985 | |
Comerica 3.70% 7/31/23 | 300,000 | 316,842 | |
Cooperatieve Rabobank | |||
0.38% 1/12/24 | 575,000 | 572,360 | |
2.75% 1/10/23 | 250,000 | 257,749 | |
3.95% 11/9/22 | 500,000 | 519,017 | |
Credit Suisse | |||
0.50% 2/2/24 | 290,000 | 288,954 | |
1.00% 5/5/23 | 1,200,000 | 1,211,059 | |
3.63% 9/9/24 | 500,000 | 538,912 |
Principal Amount° | Value (U.S. $) | ||
CORPORATE BONDS (continued) | |||
Banks (continued) | |||
Credit Suisse AG 0.52% 8/9/23 | 350,000 | $ 350,359 | |
Credit Suisse Group Funding Guernsey 3.80% 9/15/22 | 500,000 | 516,354 | |
Deutsche Bank | |||
μ1.45% 4/1/25 | 250,000 | 251,727 | |
μ2.22% 9/18/24 | 815,000 | 835,368 | |
3.30% 11/16/22 | 300,000 | 309,508 | |
3.95% 2/27/23 | 150,000 | 156,756 | |
Deutsche Bank 0.90% 5/28/24 | 150,000 | 149,862 | |
Discover Bank | |||
3.35% 2/6/23 | 300,000 | 310,792 | |
4.20% 8/8/23 | 250,000 | 266,732 | |
Fifth Third Bancorp | |||
1.63% 5/5/23 | 70,000 | 71,281 | |
3.65% 1/25/24 | 500,000 | 533,476 | |
Fifth Third Bank 1.80% 1/30/23 | 250,000 | 254,558 | |
First Horizon National 3.55% 5/26/23 | 100,000 | 104,345 | |
μFirst Republic Bank 1.91% 2/12/24 | 250,000 | 255,049 | |
FNB 2.20% 2/24/23 | 170,000 | 172,497 | |
Goldman Sachs Group | |||
0.52% 3/8/23 | 220,000 | 220,112 | |
μ0.63% 11/17/23 | 635,000 | 635,260 | |
μ0.66% 9/10/24 | 400,000 | 400,066 | |
μ0.67% 3/8/24 | 1,350,000 | 1,351,606 | |
3.20% 2/23/23 | 200,000 | 207,211 | |
μ3.27% 9/29/25 | 1,000,000 | 1,067,832 | |
3.63% 1/22/23 | 350,000 | 364,787 | |
3.63% 2/20/24 | 350,000 | 372,972 | |
3.85% 7/8/24 | 500,000 | 538,268 | |
4.00% 3/3/24 | 750,000 | 807,926 | |
HSBC Holdings | |||
μ0.73% 8/17/24 | 200,000 | 200,134 | |
μ0.98% 5/24/25 | 1,100,000 | 1,098,063 | |
μ3.03% 11/22/23 | 650,000 | 668,429 | |
3.60% 5/25/23 | 350,000 | 367,952 | |
μ3.80% 3/11/25 | 750,000 | 799,967 | |
μ3.95% 5/18/24 | 400,000 | 421,218 | |
Huntington Bancshares 2.63% 8/6/24 | 250,000 | 262,219 | |
Huntington National Bank | |||
1.80% 2/3/23 | 250,000 | 254,716 | |
3.55% 10/6/23 | 250,000 | 264,807 | |
ING Groep 4.10% 10/2/23 | 500,000 | 535,183 | |
JPMorgan Chase & Co. | |||
μ0.56% 2/16/25 | 670,000 | 667,218 | |
μ0.65% 9/16/24 | 265,000 | 265,662 | |
μ0.70% 3/16/24 | 1,000,000 | 1,002,888 | |
μ0.77% 8/9/25 | 415,000 | 413,314 | |
μ0.82% 6/1/25 | 675,000 | 674,880 | |
μ0.97% 6/23/25 | 1,000,000 | 1,001,226 |
LVIP SSGA Short-Term Bond Index Fund–2
LVIP SSGA Short-Term Bond Index Fund
Schedule of Investments (continued)
Principal Amount° | Value (U.S. $) | ||
CORPORATE BONDS (continued) | |||
Banks (continued) | |||
JPMorgan Chase & Co. (continued) | |||
μ1.51% 6/1/24 | 1,200,000 | $ 1,219,980 | |
3.20% 1/25/23 | 250,000 | 259,517 | |
3.25% 9/23/22 | 300,000 | 308,782 | |
3.38% 5/1/23 | 700,000 | 732,047 | |
μ3.56% 4/23/24 | 550,000 | 575,791 | |
μ3.80% 7/23/24 | 1,000,000 | 1,057,153 | |
μ4.02% 12/5/24 | 600,000 | 642,648 | |
KeyBank | |||
μ0.42% 1/3/24 | 250,000 | 249,981 | |
μ0.43% 6/14/24 | 250,000 | 249,875 | |
1.25% 3/10/23 | 450,000 | 455,998 | |
Lloyds Banking Group | |||
μ0.70% 5/11/24 | 315,000 | 315,814 | |
μ2.91% 11/7/23 | 500,000 | 512,995 | |
μ3.87% 7/9/25 | 350,000 | 377,366 | |
3.90% 3/12/24 | 250,000 | 268,778 | |
4.05% 8/16/23 | 550,000 | 585,579 | |
Mitsubishi UFJ Financial Group | |||
μ0.85% 9/15/24 | 1,350,000 | 1,356,007 | |
2.80% 7/18/24 | 500,000 | 527,017 | |
3.46% 3/2/23 | 150,000 | 156,477 | |
3.76% 7/26/23 | 600,000 | 635,676 | |
μMizuho Financial Group | |||
0.85% 9/8/24 | 900,000 | 903,040 | |
1.24% 7/10/24 | 500,000 | 505,835 | |
Morgan Stanley | |||
μ0.53% 1/25/24 | 500,000 | 500,360 | |
μ0.56% 11/10/23 | 375,000 | 375,484 | |
μ0.73% 4/5/24 | 480,000 | 481,593 | |
μ0.79% 1/22/25 | 1,100,000 | 1,099,950 | |
μ0.79% 5/30/25 | 750,000 | 747,698 | |
μ3.74% 4/24/24 | 800,000 | 839,416 | |
3.75% 2/25/23 | 750,000 | 784,212 | |
3.88% 4/29/24 | 1,150,000 | 1,240,804 | |
4.10% 5/22/23 | 750,000 | 791,856 | |
4.88% 11/1/22 | 400,000 | 419,034 | |
MUFG Union Bank 2.10% 12/9/22 | 250,000 | 254,980 | |
National Australia Bank | |||
1.88% 12/13/22 | 250,000 | 254,872 | |
3.63% 6/20/23 | 750,000 | 791,243 | |
National Bank of Canada | |||
0.75% 8/6/24 | 250,000 | 249,334 | |
2.10% 2/1/23 | 250,000 | 255,503 | |
μNatwest Group | |||
4.27% 3/22/25 | 500,000 | 539,570 | |
4.52% 6/25/24 | 400,000 | 425,750 | |
PNC Bank | |||
2.70% 11/1/22 | 250,000 | 255,964 | |
2.95% 1/30/23 | 500,000 | 515,939 | |
3.50% 6/8/23 | 250,000 | 262,585 | |
3.80% 7/25/23 | 300,000 | 317,043 |
Principal Amount° | Value (U.S. $) | ||
CORPORATE BONDS (continued) | |||
Banks (continued) | |||
PNC Financial Services Group 3.50% 1/23/24 | 250,000 | $ 265,789 | |
Royal Bank of Canada | |||
0.43% 1/19/24 | 345,000 | 343,551 | |
0.50% 10/26/23 | 520,000 | 520,304 | |
0.65% 7/29/24 | 400,000 | 399,152 | |
1.60% 4/17/23 | 450,000 | 458,686 | |
1.95% 1/17/23 | 205,000 | 209,315 | |
2.55% 7/16/24 | 350,000 | 367,201 | |
Royal Bank of Scotland Group | |||
μ2.36% 5/22/24 | 400,000 | 410,453 | |
3.88% 9/12/23 | 1,120,000 | 1,187,470 | |
Santander 3.57% 1/10/23 | 200,000 | 201,721 | |
Santander Holdings USA | |||
3.40% 1/18/23 | 250,000 | 258,535 | |
3.50% 6/7/24 | 500,000 | 531,151 | |
μSantander UK Group Holdings | |||
1.09% 3/15/25 | 1,000,000 | 1,001,753 | |
4.80% 11/15/24 | 500,000 | 541,355 | |
Sumitomo Mitsui Financial Group | |||
0.51% 1/12/24 | 450,000 | 448,544 | |
2.45% 9/27/24 | 250,000 | 261,327 | |
2.70% 7/16/24 | 500,000 | 525,185 | |
2.78% 10/18/22 | 400,000 | 410,460 | |
3.10% 1/17/23 | 500,000 | 517,415 | |
3.75% 7/19/23 | 350,000 | 370,856 | |
3.94% 10/16/23 | 350,000 | 374,313 | |
Svenska Handelsbanken 3.90% 11/20/23 | 350,000 | 376,039 | |
Synovus Financial 3.13% 11/1/22 | 250,000 | 255,658 | |
Toronto-Dominion Bank | |||
0.25% 1/6/23 | 210,000 | 209,871 | |
0.30% 6/2/23 | 250,000 | 249,678 | |
0.45% 9/11/23 | 1,000,000 | 1,000,230 | |
0.55% 3/4/24 | 250,000 | 249,313 | |
0.70% 9/10/24 | 500,000 | 499,009 | |
0.75% 6/12/23 | 460,000 | 462,704 | |
2.65% 6/12/24 | 350,000 | 368,303 | |
3.50% 7/19/23 | 300,000 | 316,924 | |
Truist Bank | |||
1.25% 3/9/23 | 900,000 | 911,785 | |
3.00% 2/2/23 | 250,000 | 258,486 | |
μ3.69% 8/2/24 | 250,000 | 264,798 | |
Truist Financial | |||
2.20% 3/16/23 | 250,000 | 256,502 | |
3.75% 12/6/23 | 350,000 | 373,859 | |
U.S. Bancorp | |||
3.38% 2/5/24 | 250,000 | 265,741 | |
3.60% 9/11/24 | 750,000 | 812,548 | |
U.S. Bank | |||
1.95% 1/9/23 | 250,000 | 254,905 | |
2.85% 1/23/23 | 250,000 | 258,095 | |
3.40% 7/24/23 | 450,000 | 474,047 |
LVIP SSGA Short-Term Bond Index Fund–3
LVIP SSGA Short-Term Bond Index Fund
Schedule of Investments (continued)
Principal Amount° | Value (U.S. $) | ||
CORPORATE BONDS (continued) | |||
Banks (continued) | |||
Wells Fargo & Co. | |||
μ0.81% 5/19/25 | 60,000 | $ 60,078 | |
μ1.65% 6/2/24 | 1,275,000 | 1,299,921 | |
3.30% 9/9/24 | 500,000 | 538,122 | |
3.45% 2/13/23 | 250,000 | 260,186 | |
3.75% 1/24/24 | 1,250,000 | 1,336,345 | |
4.13% 8/15/23 | 500,000 | 532,492 | |
Westpac Banking | |||
2.00% 1/13/23 | 195,000 | 199,192 | |
2.75% 1/11/23 | 450,000 | 464,094 | |
3.30% 2/26/24 | 500,000 | 532,978 | |
99,001,182 | |||
Beverages–1.23% | |||
Constellation Brands 4.25% 5/1/23 | 647,000 | 683,620 | |
Diageo Capital 2.63% 4/29/23 | 600,000 | 618,082 | |
Keurig Dr Pepper | |||
0.75% 3/15/24 | 335,000 | 335,260 | |
3.13% 12/15/23 | 500,000 | 526,352 | |
4.06% 5/25/23 | 251,000 | 265,268 | |
PepsiCo | |||
0.40% 10/7/23 | 515,000 | 516,273 | |
0.75% 5/1/23 | 265,000 | 267,116 | |
3,211,971 | |||
Biotechnology–0.73% | |||
Biogen 3.63% 9/15/22 | 200,000 | 206,261 | |
Gilead Sciences | |||
0.75% 9/29/23 | 465,000 | 465,023 | |
2.50% 9/1/23 | 500,000 | 518,163 | |
Illumina 0.55% 3/23/23 | 125,000 | 125,007 | |
Royalty Pharma 0.75% 9/2/23 | 585,000 | 586,911 | |
1,901,365 | |||
Building Materials–0.33% | |||
Fortune Brands Home & Security 4.00% 9/21/23 | 250,000 | 265,909 | |
φJohnson Controls International 3.63% 7/2/24 | 250,000 | 266,756 | |
Lennox International 3.00% 11/15/23 | 305,000 | 318,730 | |
851,395 | |||
Chemicals–0.57% | |||
DuPont de Nemours 4.21% 11/15/23 | 400,000 | 429,544 | |
Eastman Chemical 3.60% 8/15/22 | 200,000 | 203,928 | |
LYB International Finance 4.00% 7/15/23 | 142,000 | 150,637 | |
Mosaic 3.25% 11/15/22 | 200,000 | 205,720 | |
Nutrien | |||
1.90% 5/13/23 | 85,000 | 86,829 |
Principal Amount° | Value (U.S. $) | ||
CORPORATE BONDS (continued) | |||
Chemicals (continued) | |||
Nutrien (continued) | |||
3.50% 6/1/23 | 200,000 | $ 208,260 | |
Sherwin-Williams 4.20% 1/15/22 | 200,000 | 200,240 | |
1,485,158 | |||
Commercial Services–0.39% | |||
Global Payments 4.00% 6/1/23 | 200,000 | 210,865 | |
Moody's 2.63% 1/15/23 | 200,000 | 205,602 | |
PayPal Holdings 1.35% 6/1/23 | 395,000 | 401,566 | |
RELX Capital 3.50% 3/16/23 | 200,000 | 208,391 | |
1,026,424 | |||
Computers–3.36% | |||
Apple | |||
0.75% 5/11/23 | 935,000 | 941,821 | |
2.40% 1/13/23 | 200,000 | 205,178 | |
2.40% 5/3/23 | 1,000,000 | 1,032,377 | |
2.85% 2/23/23 | 500,000 | 515,673 | |
3.45% 5/6/24 | 500,000 | 537,187 | |
Dell International | |||
4.00% 7/15/24 | 500,000 | 540,899 | |
5.45% 6/15/23 | 1,050,000 | 1,126,157 | |
Hewlett Packard Enterprise | |||
1.45% 4/1/24 | 500,000 | 508,024 | |
2.25% 4/1/23 | 300,000 | 307,385 | |
4.40% 10/15/22 | 400,000 | 413,552 | |
4.45% 10/2/23 | 250,000 | 267,786 | |
HP 4.05% 9/15/22 | 250,000 | 258,551 | |
International Business Machines | |||
2.88% 11/9/22 | 200,000 | 205,549 | |
3.00% 5/15/24 | 1,000,000 | 1,060,782 | |
3.38% 8/1/23 | 500,000 | 527,076 | |
3.63% 2/12/24 | 250,000 | 267,400 | |
Leidos 2.95% 5/15/23 | 55,000 | 56,850 | |
8,772,247 | |||
Cosmetics & Personal Care–0.47% | |||
Colgate-Palmolive 2.25% 11/15/22 | 250,000 | 255,611 | |
Procter & Gamble 3.10% 8/15/23 | 200,000 | 210,573 | |
Unilever Capital | |||
0.38% 9/14/23 | 300,000 | 300,374 | |
0.63% 8/12/24 | 100,000 | 100,158 | |
3.25% 3/7/24 | 350,000 | 371,217 | |
1,237,933 | |||
Diversified Financial Services–4.64% | |||
AerCap Ireland Capital | |||
3.30% 1/23/23 | 550,000 | 566,718 | |
4.50% 9/15/23 | 500,000 | 532,705 | |
4.88% 1/16/24 | 250,000 | 270,120 |
LVIP SSGA Short-Term Bond Index Fund–4
LVIP SSGA Short-Term Bond Index Fund
Schedule of Investments (continued)
Principal Amount° | Value (U.S. $) | ||
CORPORATE BONDS (continued) | |||
Diversified Financial Services (continued) | |||
AerCap Ireland Capital DAC / AerCap Global Aviation Trust 4.13% 7/3/23 | 250,000 | $ 262,994 | |
Affiliated Managers Group 4.25% 2/15/24 | 350,000 | 378,632 | |
Air Lease | |||
0.80% 8/18/24 | 85,000 | 84,488 | |
2.25% 1/15/23 | 800,000 | 817,474 | |
2.63% 7/1/22 | 200,000 | 202,815 | |
Aircastle 4.40% 9/25/23 | 250,000 | 266,218 | |
Ally Financial | |||
1.45% 10/2/23 | 235,000 | 238,471 | |
3.05% 6/5/23 | 385,000 | 399,409 | |
4.13% 2/13/22 | 100,000 | 101,330 | |
American Express | |||
2.65% 12/2/22 | 200,000 | 205,414 | |
3.40% 2/27/23 | 650,000 | 675,785 | |
3.40% 2/22/24 | 350,000 | 372,497 | |
3.70% 8/3/23 | 600,000 | 634,533 | |
Ameriprise Financial 4.00% 10/15/23 | 250,000 | 267,325 | |
Blackstone Private Credit Fund 1.75% 9/15/24 | 250,000 | 249,670 | |
Capital One Bank 3.38% 2/15/23 | 1,000,000 | 1,040,082 | |
Capital One Financial | |||
2.60% 5/11/23 | 421,000 | 435,232 | |
3.20% 1/30/23 | 250,000 | 258,828 | |
Charles Schwab | |||
0.75% 3/18/24 | 400,000 | 401,901 | |
2.65% 1/25/23 | 200,000 | 205,817 | |
CME Group 3.00% 9/15/22 | 200,000 | 205,239 | |
Discover Financial Services 3.85% 11/21/22 | 200,000 | 207,624 | |
Eaton Vance 3.63% 6/15/23 | 250,000 | 262,664 | |
Intercontinental Exchange | |||
0.70% 6/15/23 | 175,000 | 175,751 | |
3.45% 9/21/23 | 200,000 | 211,199 | |
4.00% 10/15/23 | 350,000 | 374,393 | |
Jefferies Group 5.13% 1/20/23 | 150,000 | 158,653 | |
Nasdaq | |||
0.45% 12/21/22 | 100,000 | 100,005 | |
4.25% 6/1/24 | 250,000 | 270,865 | |
ORIX 2.90% 7/18/22 | 200,000 | 204,076 | |
Synchrony Financial 4.25% 8/15/24 | 500,000 | 540,303 | |
Visa 2.80% 12/14/22 | 500,000 | 513,128 | |
12,092,358 | |||
Electric–4.38% | |||
Ameren 2.50% 9/15/24 | 250,000 | 261,289 | |
American Electric Power 0.75% 11/1/23 | 185,000 | 185,011 |
Principal Amount° | Value (U.S. $) | ||
CORPORATE BONDS (continued) | |||
Electric (continued) | |||
Berkshire Hathaway Energy 2.80% 1/15/23 | 300,000 | $ 308,842 | |
Black Hills | |||
1.04% 8/23/24 | 190,000 | 190,018 | |
4.25% 11/30/23 | 250,000 | 267,095 | |
CenterPoint Energy 2.50% 9/1/22 | 200,000 | 203,572 | |
Consolidated Edison Co. of New York 0.65% 12/1/23 | 200,000 | 199,784 | |
Consumers Energy 3.38% 8/15/23 | 250,000 | 261,834 | |
Dominion Energy 2.75% 9/15/22 | 200,000 | 203,488 | |
DTE Energy | |||
0.55% 11/1/22 | 395,000 | 395,840 | |
2.25% 11/1/22 | 100,000 | 102,001 | |
Duke Energy | |||
3.05% 8/15/22 | 200,000 | 203,264 | |
3.75% 4/15/24 | 400,000 | 426,799 | |
Duke Energy Progress 3.38% 9/1/23 | 350,000 | 368,335 | |
Edison International | |||
2.40% 9/15/22 | 200,000 | 203,232 | |
3.13% 11/15/22 | 55,000 | 56,390 | |
Emera US Finance 0.83% 6/15/24 | 250,000 | 249,207 | |
Entergy 4.00% 7/15/22 | 250,000 | 255,459 | |
Entergy Louisiana 0.95% 10/1/24 | 190,000 | 190,047 | |
Eversource Energy | |||
2.80% 5/1/23 | 250,000 | 257,754 | |
3.80% 12/1/23 | 250,000 | 266,398 | |
ITC Holdings 2.70% 11/15/22 | 200,000 | 204,624 | |
National Rural Utilities Cooperative Finance | |||
0.35% 2/8/24 | 360,000 | 357,621 | |
2.70% 2/15/23 | 300,000 | 308,550 | |
NextEra Energy Capital Holdings | |||
0.65% 3/1/23 | 725,000 | 727,451 | |
2.80% 1/15/23 | 200,000 | 205,782 | |
Oncor Electric Delivery 7.00% 9/1/22 | 200,000 | 212,109 | |
Pacific Gas and Electric | |||
1.37% 3/10/23 | 165,000 | 164,424 | |
3.75% 2/15/24 | 200,000 | 208,627 | |
4.25% 8/1/23 | 250,000 | 261,566 | |
PSEG Power 3.85% 6/1/23 | 150,000 | 157,789 | |
Public Service Enterprise Group | |||
2.65% 11/15/22 | 400,000 | 409,375 | |
2.88% 6/15/24 | 500,000 | 526,605 | |
Puget Energy 5.63% 7/15/22 | 200,000 | 205,323 | |
Sempra Energy 2.90% 2/1/23 | 500,000 | 514,745 | |
Southern | |||
0.60% 2/26/24 | 115,000 | 114,764 | |
2.95% 7/1/23 | 250,000 | 259,531 |
LVIP SSGA Short-Term Bond Index Fund–5
LVIP SSGA Short-Term Bond Index Fund
Schedule of Investments (continued)
Principal Amount° | Value (U.S. $) | ||
CORPORATE BONDS (continued) | |||
Electric (continued) | |||
Southern California Edison | |||
0.70% 4/3/23 | 155,000 | $ 155,386 | |
0.70% 8/1/23 | 125,000 | 125,194 | |
0.98% 8/1/24 | 125,000 | 125,336 | |
1.10% 4/1/24 | 155,000 | 155,749 | |
3.50% 10/1/23 | 250,000 | 263,100 | |
Virginia Electric and Power 2.75% 3/15/23 | 300,000 | 308,616 | |
WEC Energy Group | |||
0.55% 9/15/23 | 200,000 | 199,984 | |
0.80% 3/15/24 | 125,000 | 125,386 | |
Xcel Energy 0.50% 10/15/23 | 80,000 | 80,090 | |
11,433,386 | |||
Electronics–0.40% | |||
Agilent Technologies 3.88% 7/15/23 | 350,000 | 369,131 | |
Arrow Electronics 3.50% 4/1/22 | 200,000 | 201,992 | |
Flex 5.00% 2/15/23 | 200,000 | 211,761 | |
SYNNEX 1.25% 8/9/24 | 250,000 | 250,076 | |
1,032,960 | |||
Environmental Control–0.26% | |||
Republic Services | |||
2.50% 8/15/24 | 250,000 | 261,794 | |
4.75% 5/15/23 | 109,000 | 115,344 | |
Waste Management 2.40% 5/15/23 | 300,000 | 308,728 | |
685,866 | |||
Food–1.07% | |||
Campbell Soup 3.65% 3/15/23 | 300,000 | 311,638 | |
Conagra Brands | |||
0.50% 8/11/23 | 120,000 | 119,998 | |
3.20% 1/25/23 | 131,000 | 134,757 | |
General Mills 2.60% 10/12/22 | 500,000 | 510,577 | |
Hershey 3.38% 5/15/23 | 200,000 | 209,335 | |
Kellogg 2.65% 12/1/23 | 250,000 | 261,331 | |
Kroger 2.80% 8/1/22 | 250,000 | 254,619 | |
McCormick & Co. 2.70% 8/15/22 | 200,000 | 203,752 | |
Tyson Foods | |||
3.95% 8/15/24 | 500,000 | 540,538 | |
4.50% 6/15/22 | 250,000 | 254,688 | |
2,801,233 | |||
Forest Products & Paper–0.16% | |||
Georgia-Pacific 8.00% 1/15/24 | 350,000 | 408,175 | |
408,175 | |||
Gas–0.49% | |||
Atmos Energy 0.63% 3/9/23 | 85,000 | 85,003 |
Principal Amount° | Value (U.S. $) | ||
CORPORATE BONDS (continued) | |||
Gas (continued) | |||
CenterPoint Energy Resources 0.70% 3/2/23 | 165,000 | $ 165,009 | |
National Fuel Gas 3.75% 3/1/23 | 250,000 | 258,829 | |
ONE Gas | |||
0.85% 3/11/23 | 250,000 | 250,045 | |
1.10% 3/11/24 | 250,000 | 250,012 | |
SouthernGas Capital 2.45% 10/1/23 | 250,000 | 258,901 | |
1,267,799 | |||
Health Care Products–0.39% | |||
Abbott Laboratories 3.40% 11/30/23 | 251,000 | 266,840 | |
DH Europe Finance II Sarl 2.05% 11/15/22 | 150,000 | 152,865 | |
PerkinElmer 0.85% 9/15/24 | 500,000 | 500,048 | |
Stryker 0.60% 12/1/23 | 105,000 | 105,004 | |
1,024,757 | |||
Health Care Services–1.82% | |||
Aetna | |||
2.75% 11/15/22 | 200,000 | 204,069 | |
2.80% 6/15/23 | 300,000 | 310,578 | |
Anthem | |||
0.45% 3/15/23 | 210,000 | 210,216 | |
3.30% 1/15/23 | 250,000 | 259,023 | |
3.50% 8/15/24 | 350,000 | 374,646 | |
HCA | |||
4.75% 5/1/23 | 500,000 | 531,266 | |
5.00% 3/15/24 | 850,000 | 932,857 | |
Humana | |||
0.65% 8/3/23 | 410,000 | 410,266 | |
2.90% 12/15/22 | 200,000 | 205,649 | |
Laboratoryof America Holdings 4.00% 11/1/23 | 250,000 | 265,662 | |
UnitedHealth Group | |||
0.55% 5/15/24 | 165,000 | 165,011 | |
2.38% 10/15/22 | 150,000 | 153,376 | |
2.88% 3/15/23 | 200,000 | 207,405 | |
3.50% 6/15/23 | 500,000 | 526,265 | |
4,756,289 | |||
Home Builders–0.49% | |||
DR Horton 4.75% 2/15/23 | 250,000 | 261,407 | |
Lennar | |||
4.50% 4/30/24 | 500,000 | 540,615 | |
4.75% 11/15/22 | 250,000 | 258,255 | |
NVR 3.95% 9/15/22 | 200,000 | 204,857 | |
1,265,134 | |||
Home Furnishings–0.08% | |||
Whirlpool 4.70% 6/1/22 | 200,000 | 205,688 | |
205,688 |
LVIP SSGA Short-Term Bond Index Fund–6
LVIP SSGA Short-Term Bond Index Fund
Schedule of Investments (continued)
Principal Amount° | Value (U.S. $) | ||
CORPORATE BONDS (continued) | |||
Household Products Ware–0.08% | |||
Church & Dwight 2.45% 8/1/22 | 200,000 | $ 203,097 | |
203,097 | |||
Insurance–1.49% | |||
Aon 2.20% 11/15/22 | 65,000 | 66,329 | |
Berkshire Hathaway 2.75% 3/15/23 | 750,000 | 773,380 | |
Chubb INA Holdings | |||
2.70% 3/13/23 | 250,000 | 258,462 | |
2.88% 11/3/22 | 250,000 | 255,755 | |
Equitable Holdings 3.90% 4/20/23 | 292,000 | 306,321 | |
Marsh & McLennan 3.30% 3/14/23 | 250,000 | 259,650 | |
Marsh & McLennan Companies 3.50% 6/3/24 | 250,000 | 266,758 | |
MetLife 4.37% 9/15/23 | 500,000 | 537,836 | |
Principal Financial Group 3.13% 5/15/23 | 200,000 | 207,962 | |
μPrudential Financial 5.63% 6/15/43 | 200,000 | 212,866 | |
Voya Financial 3.13% 7/15/24 | 500,000 | 529,855 | |
WR Berkley 4.63% 3/15/22 | 200,000 | 203,809 | |
3,878,983 | |||
Internet–1.40% | |||
Amazon.com | |||
0.25% 5/12/23 | 185,000 | 185,331 | |
0.40% 6/3/23 | 235,000 | 235,535 | |
0.45% 5/12/24 | 585,000 | 583,816 | |
2.40% 2/22/23 | 350,000 | 359,736 | |
2.50% 11/29/22 | 250,000 | 254,955 | |
Baidu | |||
2.88% 7/6/22 | 250,000 | 253,847 | |
3.50% 11/28/22 | 200,000 | 205,944 | |
3.88% 9/29/23 | 550,000 | 580,734 | |
Booking Holdings 2.75% 3/15/23 | 250,000 | 258,160 | |
E*TRADE Financial 2.95% 8/24/22 | 200,000 | 203,992 | |
Expedia Group 3.60% 12/15/23 | 250,000 | 264,621 | |
Weibo 3.50% 7/5/24 | 250,000 | 260,430 | |
3,647,101 | |||
Investment Company Security–0.42% | |||
Ares Capital | |||
3.50% 2/10/23 | 200,000 | 206,849 | |
3.63% 1/19/22 | 250,000 | 251,645 | |
Blackstone Secured Lending Fund 3.65% 7/14/23 | 100,000 | 104,466 | |
FS KKR Capital 4.63% 7/15/24 | 250,000 | 269,956 |
Principal Amount° | Value (U.S. $) | ||
CORPORATE BONDS (continued) | |||
Investment Company Security (continued) | |||
Owl Rock Capital 5.25% 4/15/24 | 250,000 | $ 272,372 | |
1,105,288 | |||
Leisure Time–0.10% | |||
Brunswick 0.85% 8/18/24 | 250,000 | 250,023 | |
250,023 | |||
Lodging–0.17% | |||
Hyatt Hotels | |||
1.30% 10/1/23 | 80,000 | 80,106 | |
1.80% 10/1/24 | 115,000 | 115,244 | |
Marriott International 2.30% 1/15/22 | 250,000 | 250,979 | |
446,329 | |||
Machinery Construction & Mining–1.02% | |||
Caterpillar Financial Services | |||
0.25% 3/1/23 | 165,000 | 165,035 | |
0.45% 9/14/23 | 630,000 | 631,540 | |
0.45% 5/17/24 | 150,000 | 149,716 | |
0.60% 9/13/24 | 900,000 | 899,701 | |
0.65% 7/7/23 | 400,000 | 402,440 | |
1.95% 11/18/22 | 150,000 | 152,845 | |
3.65% 12/7/23 | 250,000 | 267,492 | |
2,668,769 | |||
Machinery Diversified–1.06% | |||
CNH Industrial 4.50% 8/15/23 | 250,000 | 267,214 | |
CNH Industrial Capital 1.95% 7/2/23 | 180,000 | 183,992 | |
John Deere Capital | |||
0.25% 1/17/23 | 200,000 | 199,962 | |
0.40% 10/10/23 | 175,000 | 175,134 | |
0.45% 1/17/24 | 200,000 | 199,985 | |
0.45% 6/7/24 | 165,000 | 164,529 | |
0.70% 7/5/23 | 125,000 | 125,826 | |
1.20% 4/6/23 | 200,000 | 202,678 | |
2.65% 6/24/24 | 250,000 | 263,870 | |
2.70% 1/6/23 | 200,000 | 206,193 | |
2.80% 1/27/23 | 150,000 | 154,992 | |
2.80% 3/6/23 | 250,000 | 258,829 | |
3.65% 10/12/23 | 250,000 | 266,573 | |
Xylem 4.88% 10/1/21 | 100,000 | 100,000 | |
2,769,777 | |||
Media–1.64% | |||
Charter Communications Operating 4.50% 2/1/24 | 250,000 | 270,477 | |
Comcast | |||
3.60% 3/1/24 | 500,000 | 536,215 | |
3.70% 4/15/24 | 750,000 | 806,634 |
LVIP SSGA Short-Term Bond Index Fund–7
LVIP SSGA Short-Term Bond Index Fund
Schedule of Investments (continued)
Principal Amount° | Value (U.S. $) | ||
CORPORATE BONDS (continued) | |||
Media (continued) | |||
Comcast Cable Communications Holdings 9.46% 11/15/22 | 200,000 | $ 220,399 | |
Discovery Communications 2.95% 3/20/23 | 250,000 | 258,628 | |
Fox 4.03% 1/25/24 | 350,000 | 375,528 | |
Thomson Reuters 4.30% 11/23/23 | 350,000 | 374,292 | |
Time Warner Entertainment 8.38% 3/15/23 | 400,000 | 444,336 | |
TWDC Enterprises 2.35% 12/1/22 | 200,000 | 204,663 | |
ViacomCBS 3.70% 8/15/24 | 500,000 | 536,543 | |
Walt Disney 3.00% 9/15/22 | 250,000 | 256,496 | |
4,284,211 | |||
Metal Fabricate & Hardware–0.10% | |||
Precision Castparts 2.50% 1/15/23 | 250,000 | 255,637 | |
255,637 | |||
Mining–0.08% | |||
Newmont 3.70% 3/15/23 | 200,000 | 207,197 | |
207,197 | |||
Miscellaneous Manufacturing–0.60% | |||
3M 2.25% 3/15/23 | 250,000 | 256,599 | |
Carlisle 0.55% 9/1/23 | 50,000 | 49,978 | |
Eaton 2.75% 11/2/22 | 550,000 | 564,201 | |
Parker-Hannifin 2.70% 6/14/24 | 350,000 | 367,336 | |
Trane Technologies Global Holding 4.25% 6/15/23 | 300,000 | 318,594 | |
1,556,708 | |||
Oil & Gas–4.31% | |||
BP Capital Markets | |||
2.50% 11/6/22 | 850,000 | 870,587 | |
3.81% 2/10/24 | 500,000 | 536,600 | |
3.99% 9/26/23 | 250,000 | 267,861 | |
BP Capital Markets America | |||
2.75% 5/10/23 | 350,000 | 363,452 | |
2.94% 4/6/23 | 85,000 | 88,200 | |
Canadian Natural Resources 2.95% 1/15/23 | 400,000 | 411,535 | |
Chevron | |||
1.14% 5/11/23 | 785,000 | 795,379 | |
2.36% 12/5/22 | 200,000 | 203,818 | |
3.19% 6/24/23 | 350,000 | 364,834 | |
Chevron USA 0.43% 8/11/23 | 375,000 | 375,947 | |
Cimarex Energy 4.38% 6/1/24 | 250,000 | 269,581 | |
Diamondback Energy 0.90% 3/24/23 | 170,000 | 169,948 | |
Enbridge 0.01% 10/4/23 | 200,000 | 200,060 |
Principal Amount° | Value (U.S. $) | ||
CORPORATE BONDS (continued) | |||
Oil & Gas (continued) | |||
EOG Resources 2.63% 3/15/23 | 250,000 | $ 256,750 | |
Exxon Mobil | |||
1.57% 4/15/23 | 600,000 | 611,618 | |
2.73% 3/1/23 | 300,000 | 309,075 | |
Hess 3.50% 7/15/24 | 500,000 | 528,815 | |
Marathon Petroleum 4.50% 5/1/23 | 600,000 | 634,102 | |
Phillips 66 3.70% 4/6/23 | 40,000 | 41,900 | |
Pioneer Natural Resources | |||
0.55% 5/15/23 | 85,000 | 85,086 | |
0.75% 1/15/24 | 385,000 | 384,608 | |
Shell International Finance | |||
0.38% 9/15/23 | 500,000 | 500,662 | |
2.25% 1/6/23 | 250,000 | 256,246 | |
3.40% 8/12/23 | 450,000 | 475,438 | |
3.50% 11/13/23 | 250,000 | 265,800 | |
Suncor Energy 2.80% 5/15/23 | 235,000 | 243,207 | |
Total Capital Canada 2.75% 7/15/23 | 750,000 | 782,460 | |
Total Capital International 2.70% 1/25/23 | 200,000 | 206,278 | |
Valero Energy | |||
1.20% 3/15/24 | 500,000 | 505,590 | |
2.70% 4/15/23 | 240,000 | 247,734 | |
11,253,171 | |||
Oil & Gas Services–0.44% | |||
Baker Hughes 2.77% 12/15/22 | 355,000 | 364,714 | |
Halliburton 3.50% 8/1/23 | 250,000 | 261,929 | |
Schlumberger Investment 3.65% 12/1/23 | 500,000 | 530,031 | |
1,156,674 | |||
Packaging & Containers–0.30% | |||
Berry Global 0.95% 2/15/24 | 250,000 | 250,282 | |
Packaging Corporation of America 4.50% 11/1/23 | 250,000 | 267,630 | |
Packaging of America 3.65% 9/15/24 | 250,000 | 268,603 | |
786,515 | |||
Pharmaceuticals–5.97% | |||
AbbVie | |||
2.30% 11/21/22 | 1,165,000 | 1,189,016 | |
2.85% 5/14/23 | 250,000 | 258,635 | |
2.90% 11/6/22 | 550,000 | 564,866 | |
3.20% 11/6/22 | 150,000 | 153,908 | |
3.25% 10/1/22 | 250,000 | 255,489 | |
3.75% 11/14/23 | 350,000 | 372,884 | |
3.85% 6/15/24 | 250,000 | 268,870 | |
AmerisourceBergen 0.74% 3/15/23 | 215,000 | 215,327 | |
AstraZeneca 0.30% 5/26/23 | 185,000 | 184,986 |
LVIP SSGA Short-Term Bond Index Fund–8
LVIP SSGA Short-Term Bond Index Fund
Schedule of Investments (continued)
Principal Amount° | Value (U.S. $) | ||
CORPORATE BONDS (continued) | |||
Pharmaceuticals (continued) | |||
Astrazeneca Finance 0.70% 5/28/24 | 200,000 | $ 200,270 | |
Bristol-Myers Squibb | |||
0.54% 11/13/23 | 230,000 | 230,042 | |
2.75% 2/15/23 | 200,000 | 206,270 | |
2.90% 7/26/24 | 1,000,000 | 1,061,740 | |
3.25% 2/20/23 | 289,000 | 299,974 | |
Cardinal Health 3.20% 3/15/23 | 200,000 | 207,794 | |
Cigna | |||
0.61% 3/15/24 | 100,000 | 99,781 | |
3.00% 7/15/23 | 200,000 | 208,572 | |
3.50% 6/15/24 | 350,000 | 373,925 | |
3.75% 7/15/23 | 271,000 | 286,450 | |
CVS Health | |||
2.75% 12/1/22 | 1,150,000 | 1,174,991 | |
3.38% 8/12/24 | 250,000 | 266,762 | |
3.70% 3/9/23 | 301,000 | 314,316 | |
GlaxoSmithKline Capital | |||
0.53% 10/1/23 | 375,000 | 375,598 | |
3.00% 6/1/24 | 750,000 | 795,246 | |
3.38% 5/15/23 | 650,000 | 682,317 | |
Johnson & Johnson 2.05% 3/1/23 | 300,000 | 306,958 | |
McKesson 3.80% 3/15/24 | 750,000 | 800,978 | |
Merck & Co. | |||
2.40% 9/15/22 | 200,000 | 203,139 | |
2.80% 5/18/23 | 350,000 | 363,777 | |
Mylan 4.20% 11/29/23 | 500,000 | 532,807 | |
Novartis Capital 3.40% 5/6/24 | 750,000 | 804,495 | |
Pfizer | |||
3.00% 6/15/23 | 250,000 | 261,133 | |
3.20% 9/15/23 | 250,000 | 262,940 | |
Sanofi 3.38% 6/19/23 | 300,000 | 314,960 | |
Shire Acquisitions Investments Ireland 2.88% 9/23/23 | 400,000 | 416,999 | |
Takeda Pharmaceutical 4.40% 11/26/23 | 750,000 | 808,197 | |
Zoetis 3.25% 2/1/23 | 250,000 | 257,636 | |
15,582,048 | |||
Pipelines–2.63% | |||
Enbridge 4.00% 10/1/23 | 350,000 | 370,680 | |
Energy Transfer Operating | |||
3.60% 2/1/23 | 300,000 | 309,303 | |
4.25% 3/15/23 | 250,000 | 260,624 | |
4.50% 4/15/24 | 250,000 | 270,358 | |
5.20% 2/1/22 | 500,000 | 501,787 | |
5.88% 1/15/24 | 500,000 | 549,512 | |
Enterprise Products Operating 3.50% 2/1/22 | 300,000 | 303,166 | |
Kinder Morgan 3.15% 1/15/23 | 250,000 | 258,176 |
Principal Amount° | Value (U.S. $) | ||
CORPORATE BONDS (continued) | |||
Pipelines (continued) | |||
Kinder Morgan Energy Partners 3.50% 9/1/23 | 350,000 | $ 367,001 | |
MPLX | |||
3.38% 3/15/23 | 400,000 | 415,355 | |
3.50% 12/1/22 | 100,000 | 103,162 | |
ONEOK 7.50% 9/1/23 | 500,000 | 556,412 | |
ONEOK Partners 3.38% 10/1/22 | 250,000 | 255,224 | |
Plains All American Pipeline 3.65% 6/1/22 | 200,000 | 202,628 | |
Sabine Pass Liquefaction | |||
5.63% 4/15/23 | 400,000 | 425,086 | |
5.75% 5/15/24 | 500,000 | 556,854 | |
6.25% 3/15/22 | 200,000 | 202,294 | |
Williams | |||
3.70% 1/15/23 | 400,000 | 413,123 | |
4.55% 6/24/24 | 500,000 | 545,477 | |
6,866,222 | |||
Real Estate Investment Trusts–1.89% | |||
American Tower 3.50% 1/31/23 | 600,000 | 624,549 | |
American Tower Corp 3.38% 5/15/24 | 600,000 | 639,215 | |
Boston Properties 3.85% 2/1/23 | 300,000 | 311,082 | |
Camden Property Trust 2.95% 12/15/22 | 50,000 | 51,142 | |
CC Holdings 3.85% 4/15/23 | 350,000 | 367,386 | |
Crown Castle International 3.20% 9/1/24 | 500,000 | 532,098 | |
Essex Portfolio 3.25% 5/1/23 | 200,000 | 207,298 | |
Federal Realty Investment Trust 3.95% 1/15/24 | 200,000 | 213,267 | |
Kimco Realty 3.40% 11/1/22 | 250,000 | 256,822 | |
Mid-America Apartments 3.75% 6/15/24 | 250,000 | 268,071 | |
Omega Healthcare Investors 4.38% 8/1/23 | 42,000 | 44,467 | |
Piedmont Operating Partnership 3.40% 6/1/23 | 190,000 | 196,540 | |
Realtyome 4.65% 8/1/23 | 250,000 | 266,593 | |
SL Green Operating Partnership 3.25% 10/15/22 | 150,000 | 153,713 | |
Ventas Realty 3.50% 4/15/24 | 250,000 | 266,099 | |
Welltower 3.63% 3/15/24 | 500,000 | 533,110 | |
4,931,452 | |||
Retail–1.38% | |||
AutoZone 3.13% 7/15/23 | 200,000 | 208,311 | |
Dollar General 3.25% 4/15/23 | 250,000 | 259,210 | |
Dollar Tree 3.70% 5/15/23 | 300,000 | 314,467 | |
Home Depot 2.70% 4/1/23 | 250,000 | 257,607 |
LVIP SSGA Short-Term Bond Index Fund–9
LVIP SSGA Short-Term Bond Index Fund
Schedule of Investments (continued)
Principal Amount° | Value (U.S. $) | ||
CORPORATE BONDS (continued) | |||
Retail (continued) | |||
Lowe's Companies 3.88% 9/15/23 | 200,000 | $ 211,757 | |
McDonald's 3.35% 4/1/23 | 200,000 | 208,314 | |
Walmart | |||
2.35% 12/15/22 | 150,000 | 153,176 | |
2.55% 4/11/23 | 350,000 | 360,151 | |
2.85% 7/8/24 | 350,000 | 371,088 | |
3.30% 4/22/24 | 400,000 | 426,307 | |
3.40% 6/26/23 | 800,000 | 841,066 | |
3,611,454 | |||
Savings & Loans–0.08% | |||
People's United Financial 3.65% 12/6/22 | 200,000 | 205,574 | |
205,574 | |||
Semiconductors–1.34% | |||
Analog Devices 2.50% 12/5/21 | 150,000 | 150,297 | |
Broadcom 3.63% 1/15/24 | 350,000 | 371,626 | |
Intel 2.70% 12/15/22 | 600,000 | 617,385 | |
Marvell Technology 4.20% 6/22/23 | 500,000 | 527,972 | |
Microchip Technology 4.33% 6/1/23 | 200,000 | 211,383 | |
Micron Technology 2.50% 4/24/23 | 370,000 | 380,834 | |
NXP 4.88% 3/1/24 | 500,000 | 545,362 | |
QUALCOMM 2.60% 1/30/23 | 300,000 | 308,427 | |
Xilinx 2.95% 6/1/24 | 350,000 | 368,957 | |
3,482,243 | |||
Shipbuilding–0.10% | |||
Huntington Ingalls Industries 0.67% 8/16/23 | 250,000 | 249,922 | |
249,922 | |||
Software–3.09% | |||
Adobe 1.70% 2/1/23 | 210,000 | 213,909 | |
Fidelity National Information Services | |||
0.38% 3/1/23 | 160,000 | 160,089 | |
0.60% 3/1/24 | 635,000 | 634,047 | |
Fiserv | |||
2.75% 7/1/24 | 350,000 | 368,578 | |
3.50% 10/1/22 | 250,000 | 255,807 | |
3.80% 10/1/23 | 250,000 | 265,750 | |
Intuit 0.65% 7/15/23 | 80,000 | 80,340 | |
Microsoft | |||
2.00% 8/8/23 | 900,000 | 926,595 | |
2.38% 5/1/23 | 300,000 | 308,556 | |
2.65% 11/3/22 | 100,000 | 102,174 | |
2.88% 2/6/24 | 650,000 | 684,067 | |
Oracle | |||
2.40% 9/15/23 | 750,000 | 775,955 | |
2.50% 10/15/22 | 200,000 | 204,531 |
Principal Amount° | Value (U.S. $) | ||
CORPORATE BONDS (continued) | |||
Software (continued) | |||
Oracle (continued) | |||
2.63% 2/15/23 | 400,000 | $ 411,925 | |
3.40% 7/8/24 | 500,000 | 533,866 | |
3.63% 7/15/23 | 300,000 | 317,091 | |
Roper Technologies 3.65% 9/15/23 | 300,000 | 317,820 | |
salesforce.com | |||
0.63% 7/15/24 | 415,000 | 415,788 | |
3.25% 4/11/23 | 250,000 | 260,683 | |
VMware | |||
0.60% 8/15/23 | 145,000 | 145,183 | |
1.00% 8/15/24 | 155,000 | 155,518 | |
2.95% 8/21/22 | 500,000 | 510,336 | |
8,048,608 | |||
Telecommunications–1.74% | |||
America Movil 3.13% 7/16/22 | 250,000 | 255,249 | |
AT&T | |||
0.90% 3/25/24 | 600,000 | 600,942 | |
2.63% 12/1/22 | 350,000 | 357,134 | |
4.45% 4/1/24 | 300,000 | 325,050 | |
Bell Canada 0.75% 3/17/24 | 250,000 | 250,079 | |
British Telecommunications 4.50% 12/4/23 | 350,000 | 377,829 | |
Cisco Systems | |||
2.20% 9/20/23 | 200,000 | 206,848 | |
3.63% 3/4/24 | 300,000 | 322,581 | |
Rogers Communications 4.10% 10/1/23 | 500,000 | 530,306 | |
Verizon Communications 0.75% 3/22/24 | 975,000 | 978,744 | |
Vodafone Group 3.75% 1/16/24 | 300,000 | 321,616 | |
4,526,378 | |||
Textiles–0.08% | |||
Mohawk Industries 3.85% 2/1/23 | 200,000 | 207,400 | |
207,400 | |||
Transportation–1.05% | |||
Burlington Northern Santa Fe 3.85% 9/1/23 | 450,000 | 476,191 | |
CSX 3.40% 8/1/24 | 250,000 | 268,242 | |
Norfolk Southern 2.90% 2/15/23 | 200,000 | 205,560 | |
Ryder System | |||
3.40% 3/1/23 | 200,000 | 207,740 | |
3.65% 3/18/24 | 250,000 | 266,682 | |
Union Pacific | |||
3.15% 3/1/24 | 500,000 | 529,586 | |
3.50% 6/8/23 | 250,000 | 262,430 | |
United Parcel Service | |||
2.45% 10/1/22 | 300,000 | 306,529 |
LVIP SSGA Short-Term Bond Index Fund–10
LVIP SSGA Short-Term Bond Index Fund
Schedule of Investments (continued)
Principal Amount° | Value (U.S. $) | ||
CORPORATE BONDS (continued) | |||
Transportation (continued) | |||
United Parcel Service (continued) | |||
2.50% 4/1/23 | 200,000 | $ 206,292 | |
2,729,252 | |||
Total Corporate Bonds (Cost $257,440,438) | 258,847,109 |
Number of Shares | |||
MONEY MARKET FUND–0.78% | |||
State Street Institutional U.S. Government Money Market Fund - Premier Class (seven-day effective yield 0.03%) | 2,019,314 | 2,019,314 | |
Total Money Market Fund (Cost $2,019,314) | 2,019,314 |
TOTAL INVESTMENTS–100.03% (Cost $259,459,752) | $260,866,423 |
LIABILITIES NET OF RECEIVABLES AND OTHER ASSETS–(0.03%) | (74,082) | ||
NET ASSETS APPLICABLE TO 25,161,174 SHARES OUTSTANDING–100.00% | $260,792,341 |
° Principal amount shown is stated in U.S. dollars unless noted that the security is denominated in another currency. | |
μ Fixed to variable rate investment. The rate shown reflects the fixed rate in effect at September 30, 2021. Rate will reset at a future date. | |
φ Step coupon bond. Coupon increases/decreases periodically based on predetermined schedule. Stated rate in effect at September 30, 2021. |
Summary of Abbreviations: |
HSBC–Hong Kong and Shanghai Banking Corporation |
See accompanying notes.
LVIP SSGA Short-Term Bond Index Fund–11
LVIP SSGA Short-Term Bond Index Fund
Notes
September 30, 2021 (unaudited)
1. Significant Accounting Policies
Lincoln Variable Insurance Products Trust (“LVIP” or the “Trust”)–LVIP SSGA Short-Term Bond Index Fund (the “Fund”) is an investment company in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”). Therefore, the Fund follows the accounting and reporting guidelines for investment companies. The following accounting policies are in accordance with U.S. GAAP and are consistently followed by the Fund.
Security Valuation–Debt securities are valued based upon valuations provided by an independent pricing service or broker and reviewed by management. To the extent current market prices are not available, the pricing service may take into account developments related to the specific security, as well as transactions in comparable securities. Open-end investment companies are valued at their published net asset value (“NAV”). Investments in government money market funds have a stable NAV. Valuations for fixed income securities, including short-term debt securities, utilize matrix systems, which reflect such factors as security prices, yields, maturities, and ratings, and are supplemented by dealer and exchange quotations. Other securities and assets for which market quotations are not reliable or readily available are generally valued at fair value as determined in good faith under policies adopted by the Fund’s Board of Trustees. In determining whether market quotations are reliable or readily available, various factors are taken into consideration, such as market closures or suspension of trading in a security.
2. Investments
U.S. GAAP defines fair value as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date under current market conditions. A three level hierarchy for fair value measurements has been established based upon the transparency of inputs to the valuation of an asset or liability. Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions that market participants would use in pricing the asset or liability developed based on the best information available under the circumstances. Each investment in its entirety is assigned a level based upon the observability of the inputs which are significant to the overall valuation. The three level hierarchy of inputs is summarized below.
Level 1– | inputs are quoted prices in active markets for identical investments (e.g., equity securities, open-end investment companies, futures contracts, options contracts) |
Level 2– | other observable inputs (including, but not limited to: quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs) (e.g., debt securities, government securities, swap contracts, foreign currency exchange contracts, foreign securities utilizing international fair value pricing) |
Level 3– | inputs are significant unobservable inputs (including the Fund's own assumptions used to determine the fair value of investments) (e.g., indicative quotes from brokers, fair valued securities) |
The following table summarizes the valuation of the Fund's investments by fair value hierarchy levels as of September 30, 2021:
Level 1 | Level 2 | Level 3 | Total | ||||
Investments: | |||||||
Assets: | |||||||
Corporate Bonds | $— | $258,847,109 | $— | $258,847,109 | |||
Money Market Fund | 2,019,314 | — | — | 2,019,314 | |||
Total Investments | $2,019,314 | $258,847,109 | $— | $260,866,423 |
There were no Level 3 investments at the beginning or end of the period.
LVIP SSGA Short-Term Bond Index Fund–12