VARIABLE INSURANCE PRODUCTS FUND II
NSAR-A/A, EX-27, 2000-08-31
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<TABLE> <S> <C>

<ARTICLE>	6

<CIK>	0000831016

<NAME>	Variable Insurance Products Fund II

<SERIES>

	<NUMBER>	33

	<NAME>	Index 500 Portfolio Service Class 2

<MULTIPLIER>	1,000



<S>

<C>

<PERIOD-TYPE>
6-mos
<FISCAL-YEAR-END>
dec-31-2000
<PERIOD-END>
jun-30-2000
<INVESTMENTS-AT-COST>
3,053,627
<INVESTMENTS-AT-VALUE>
4,850,370
<RECEIVABLES>
19,140
<ASSETS-OTHER>
811
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
4,870,321
<PAYABLE-FOR-SECURITIES>
21,170
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
45,136
<TOTAL-LIABILITIES>
66,306
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
2,966,770
<SHARES-COMMON-STOCK>
1
<SHARES-COMMON-PRIOR>
0
<ACCUMULATED-NII-CURRENT>
23,407
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
17,750
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
1,796,088
<NET-ASSETS>
4,804,015
<DIVIDEND-INCOME>
27,728
<INTEREST-INCOME>
2,375
<OTHER-INCOME>
273
<EXPENSES-NET>
6,969
<NET-INVESTMENT-INCOME>
23,407
<REALIZED-GAINS-CURRENT>
23,907
<APPREC-INCREASE-CURRENT>
(93,323)
<NET-CHANGE-FROM-OPS>
(46,009)
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
1
<DISTRIBUTIONS-OF-GAINS>
0
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
1
<NUMBER-OF-SHARES-REDEEMED>
0
<SHARES-REINVESTED>
0
<NET-CHANGE-IN-ASSETS>
(734,720)
<ACCUMULATED-NII-PRIOR>
51,598
<ACCUMULATED-GAINS-PRIOR>
16,597
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
6,002
<INTEREST-EXPENSE>
0
<GROSS-EXPENSE>
8,128
<AVERAGE-NET-ASSETS>
100
<PER-SHARE-NAV-BEGIN>
163.25
<PER-SHARE-NII>
 .520
<PER-SHARE-GAIN-APPREC>
2.350
<PER-SHARE-DIVIDEND>
1.670
<PER-SHARE-DISTRIBUTIONS>
 .730
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
163.720
<EXPENSE-RATIO>
53





</TABLE>


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