Putnam Allstate Advisor

Putnam Multi-Cap Core Subaccount

The subaccount seeks capital appreciation.

Fund description

The subaccount invests in stocks of U.S companies of all sizes. The subaccount is managed with no predetermined style bias; its portfolio may contain both growth and value stocks.

Sales story

Seeking opportunities across a wide range of stocks"Go anywhere" approach: The fund invests in stocks of U.S. companies of all sizes and has the flexibility to own both growth and value stocks.A disciplined process: The portfolio managers use a disciplined, fundamental investment process with three buckets of idea generation: legacy companies, smart-money indicators, and special situations.Research focus: Backed by an Equity Research team, the portfolio managers use their stock-picking expertise to identify opportunities and manage risk.

Management team

Daily pricing as of 12/07/18

with optional enhanced death benefits
Unit Value $15.930042 $15.462612
Unit Value Change -0.378361 -0.367326

Lipper ranking ‡ as of 10/31/18

Category: Large-Cap Core Funds

  Percentile ranking Rank/Funds in category
10 yrs. 22% 25/115
1 yr. 38% 60/161
3 yrs. 29% 44/153
5 yrs. 36% 52/145

Variable annuities are long-term investments designed for retirement purposes. Withdrawals prior to age 59 1/2 may be subject to a 10% IRS penalty.The fund involves the risk that the stock prices of the companies in the portfolio will fall or will fail to rise. Many factors can adversely affect a stock's performance, including both general financial market conditions and factors related to a specific company or industry.

‡ Lipper is an industry research firm whose rankings are based on total return performance, vary over time, and do not reflect the effects of sales charges. Past performance is not indicative of future results.

Quick facts as of 11/30/18

Fiscal Year End December
Asset Class Putnam Allstate Advisor
Subaccount Status Open to new investors
Number of issues 133
Turnover (fiscal year end) 51%
Net Assets $256M
Inception Date 05/01/98

Performance

Performance as of 09/30/18

Annualized Performance Last Quarter Year
to Date
1 yr. 3 yrs. 5 yrs. 10 yrs. Life of
subaccount
Restated performance
Unit Value 6.87% 8.22% 16.10% 15.25% 11.83% 10.56% 3.92%
Standardized -2.35% -1.10% 6.23% 10.90% 8.63% 8.06% -0.48%
With optional enhanced death benefit
Unit Value 6.83% 8.10% 15.92% 15.07% 11.66% 10.40% 3.76%
Standardized -2.39% -1.21% 6.07% 10.72% 8.45% 7.88% -0.74%
Actual performance
Unit Value 6.87% 8.22% 16.10% 15.25% 11.83% 10.56% 3.07%
Standardized -2.35% -1.10% 6.23% 10.90% 8.63% 8.06% -2.89%
With optional enhanced death benefit
Unit Value 6.83% 8.10% 15.92% 15.07% 11.66% 10.40% 2.91%
Standardized -2.39% -1.21% 6.07% 10.72% 8.45% 7.88% -3.19%

Annual Performance at NAV

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
-40.30% 29.19% 12.50% -1.21% 15.37% 33.44% 12.49% -3.40% 10.65% 21.33%
With optional enhanced death benefit
-40.40% 28.99% 12.33% -1.35% 15.19% 33.23% 12.32% -3.55% 10.49% 21.15%

Restated performance

Monthly as of 11/30/18

Unit Value 0.65%
Standardized -8.13%

YTD as of 12/07/18

Unit Value -4.11%
Standardized -12.57%

With optional enhanced death benefit

Monthly as of 11/30/18

Unit Value 0.64%
Standardized -8.14%

YTD as of 12/07/18

Unit Value -4.25%
Standardized -12.69%

Unit values and performance information shown apply to the specific annuity product listed, not the underlying Putnam Variable Trust fund. This information should not be used by investors who hold an interest in Putnam Variable Trust funds through a different annuity or other variable product. The unit values and performance of other variable products that offer Putnam Variable Trust funds may be higher or lower due to product charges and expenses or other factors.

Data is historical. Past performance is no guarantee of future results. More recent returns may be less or more than those shown. Investment return and principal value will fluctuate, and you may have a gain or a loss when you sell your units.

Returns shown for the subaccounts for periods before their inception are derived from the historical performance of the underlying fund, adjusted to reflect the mortality, expense risk, and surrender charges applicable to this product and do not factor in the annual $30 contract maintenance fee. Additional riders and options for insurance-related charges will increase expenses and lower returns. Please see the prospectus for details. For a portion of the period, subaccounts may have limited expenses, without which returns would have been lower.

Variable annuities are long-term investments designed for retirement purposes. Putnam Capital Manager products are flexible-premium variable annuities held by Talcott Resolution Life, Inc., Simsbury, CT.

Putnam Allstate variable annuities are flexible-premium deferred variable annuities issued by Allstate Life Insurance Company (Allstate Life); underwritten by Allstate Distributors, L.L.C., both of Northbrook, IL; and sold through registered representatives or bank employees who are licensed insurance agents. Please check for availability in your specific state.

These policies have limitations and are sold by prospectus only. The prospectus contains details on the variable annuity, the subaccounts, contract features, fees, expenses, and other pertinent information.

Investors should carefully consider the investment objectives, risks, charges, and expenses of a fund before investing. For a prospectus containing this and other information for any variable annuity or variable life product that invests in Putnam Variable Trust funds, contact your financial advisor for a contract prospectus and prospectus for the underlying funds. You may also call Talcott Resolution at 1-800-521-0538 or Allstate at 1-800-390-1277. Read the prospectuses carefully before investing.

For the most recent month-end performance, please call Talcott Resolution at 1-800-521-0538 or Allstate at 1-800-390-1277.

Variable annuities are long-term investments designed for retirement purposes. Withdrawals prior to age 59 1/2 may be subject to a 10% IRS penalty.

The fund involves the risk that the stock prices of the companies in the portfolio will fall or will fail to rise. Many factors can adversely affect a stock's performance, including both general financial market conditions and factors related to a specific company or industry.

Lipper is an industry research firm whose rankings are based on total return performance, vary over time, and do not reflect the effects of sales charges. Past performance is not indicative of future results.


Holdings

Top 10 holdings as of 10/31/18

Microsoft Corp 5.37%
Apple 4.96%
JPMorgan Chase 3.07%
Alphabet 2.38%
Bank Of America Corp 2.30%
Cisco Systems 1.98%
Amazon.Com 1.79%
Walmart 1.66%
Goldman Sachs Group The 1.58%
Citigroup 1.55%
Top 10 holdings, total: 26.64%

Equity Holdings as of 09/30/18

MICROSOFT CORP 5.25%
APPLE INC 4.67%
JPMORGAN CHASE & CO 2.91%
BANK OF AMERICA CORP 2.25%
AMAZON.COM INC 2.05%
CISCO SYSTEMS INC 1.92%
ALPHABET INC-CL C 1.79%
CITIGROUP INC 1.71%
AMGEN INC 1.50%
PFIZER INC 1.42%
GOLDMAN SACHS GROUP INC 1.38%
WALMART INC 1.38%
BOEING CO/THE 1.33%
FACEBOOK INC-A 1.30%
BERKSHIRE HATHAWAY INC-CL B 1.28%
JOHNSON & JOHNSON 1.26%
HOME DEPOT INC 1.23%
VISA INC-CLASS A SHARES 1.23%
ROYAL DUTCH SHELL-SPON ADR-A 1.17%
CONOCOPHILLIPS 1.15%
COMCAST CORP-CLASS A 1.08%
WALT DISNEY CO/THE 1.00%
HEALTH CARE SELECT SECTOR 0.97%
INDUSTRIAL SELECT SECT SPDR 0.95%
ALPHABET INC-CL A 0.92%
INTEL CORP 0.89%
BIOGEN INC 0.87%
NRG ENERGY INC 0.87%
GILEAD SCIENCES INC 0.86%
PEPSICO INC 0.86%
AT&T INC 0.85%
BAXTER INTERNATIONAL INC 0.85%
LOWES COMPANIES INC 0.85%
HCA HEALTHCARE INC 0.83%
HUMANA INC 0.82%
ORACLE CORP 0.82%
MASTERCARD INC - A 0.77%
BEST BUY CO INC 0.74%
NORFOLK SOUTHERN CORP 0.73%
TARGET CORP 0.73%
VALERO ENERGY CORP 0.73%
PULTEGROUP INC 0.72%
CAPITAL ONE FINANCIAL CORP 0.71%
CATERPILLAR INC 0.71%
JAZZ PHARMACEUTICALS PLC 0.71%
CVS HEALTH CORP 0.70%
AMERIPRISE FINANCIAL INC 0.69%
ENTERGY CORP 0.69%
EXELON CORP 0.68%
HP INC 0.64%
DOWDUPONT INC 0.63%
PENN NATIONAL GAMING INC 0.63%
INTL BUSINESS MACHINES CORP 0.61%
LIVE NATION ENTERTAINMENT IN 0.61%
SOUTHWEST AIRLINES CO 0.61%
ADOBE SYSTEMS INC 0.60%
KROGER CO 0.60%
APPLIED MATERIALS INC 0.59%
LEAR CORP 0.59%
ENTERPRISE PRODUCTS PARTNERS 0.57%
LAM RESEARCH CORP 0.56%
CIGNA CORP 0.55%
MARATHON OIL CORP 0.54%
WALGREENS BOOTS ALLIANCE INC 0.54%
EASTERLY GOVERNMENT PROPERTI 0.53%
EXXON MOBIL CORP 0.53%
BECTON DICKINSON AND CO 0.52%
EMERSON ELECTRIC CO 0.52%
MCKESSON CORP 0.52%
STATE STREET CORP 0.52%
AIR CANADA 0.51%
CELANESE CORP 0.50%
MGM RESORTS INTERNATIONAL 0.50%
SUNCOR ENERGY INC 0.50%
UNITED RENTALS INC 0.50%
HYATT HOTELS CORP - CL A 0.49%
PIRELLI & C SPA 0.49%
SUNTRUST BANKS INC 0.49%
GENERAL MOTORS CO 0.48%
TEXAS INSTRUMENTS INC 0.47%
CF INDUSTRIES HOLDINGS INC 0.46%
COSTCO WHOLESALE CORP 0.46%
KENNEDY-WILSON HOLDINGS INC 0.46%
REPUBLIC SERVICES INC 0.46%
FREEPORT-MCMORAN INC 0.45%
RAYMOND JAMES FINANCIAL INC 0.45%
ASSURED GUARANTY LTD 0.44%
CBRE GROUP INC - A 0.44%
LINCOLN NATIONAL CORP 0.43%
SPIRIT AEROSYSTEMS HOLD-CL A 0.43%
ARMADA HOFFLER PROPERTIES IN 0.41%
DXC TECHNOLOGY CO 0.41%
GAP INC/THE 0.41%
DELL TECHNOLOGIES INC-CL V 0.39%
AMERICAN INTERNATIONAL GROUP 0.38%
WYNDHAM HOTELS & RESORTS INC 0.38%
EASTMAN CHEMICAL CO 0.37%
FIRSTENERGY CORP 0.37%
TOTAL SA-SPON ADR 0.37%
BRUNSWICK CORP 0.35%
EASTERLY ACQUISITION CORP 0.35%
TENET HEALTHCARE CORP 0.35%
TPG PACE HOLDINGS CORP 0.35%
FEDEX CORP 0.34%
MORGAN STANLEY 0.34%
ENCANA CORP 0.32%
KKR & CO INC -A 0.32%
PRUDENTIAL FINANCIAL INC 0.32%
BANK OF NEW YORK MELLON CORP 0.31%
DELIVERY HERO AG 0.31%
DELTA AIR LINES INC 0.31%
ORION ENGINEERED CARBONS SA 0.31%
MICHAELS COS INC/THE 0.30%
COCA-COLA CO/THE 0.29%
HANESBRANDS INC 0.29%
KIMBERLY-CLARK CORP 0.29%
NOMAD FOODS LTD 0.28%
ENERGIZER HOLDINGS INC 0.27%
J2 ACQUISITION LTD 0.27%
LIBERTY GLOBAL PLC-A 0.26%
TERADYNE INC 0.26%
UNION PACIFIC CORP 0.26%
EQUITY COMMONWEALTH 0.25%
INVESCO LTD 0.25%
DIAMONDBACK ENERGY INC 0.24%
FEDERAL STREET ACQUISITION 0.24%
KINDER MORGAN INC 0.24%
US XPRESS ENTERPRISES INC -A 0.24%
RADIAN GROUP INC 0.23%
LARGO RESOURCES LTD 0.22%
BECTON DICKINSON AND CO 06.1250 CUM CV PFD 0.21%
MOLSON COORS BREWING CO -B 0.21%
APOLLO GLOBAL MANAGEMENT - A 0.20%
PLAINS GP HOLDINGS LP-CL A 0.20%
ALIGNVEST ACQUISITION II C-A 0.18%
BLOOMIN' BRANDS INC 0.17%
QUALCOMM INC 0.17%
ANADARKO PETROLEUM CORP 0.16%
CAPITOL INVESTMENT CORP IV 0.16%
DISCOVERY INC - A 0.16%
KIMBELL ROYALTY PARTNERS LP 0.16%
HAYMAKER ACQUISITION CORP 0.14%
HILLTOP HOLDINGS INC 0.14%
GORES HOLDINGS II INC 0.13%
GREEN BRICK PARTNERS INC 0.12%
YEXT INC 0.12%
BRIGHTVIEW HOLDINGS INC 0.10%
MAGNA INTERNATIONAL INC 0.10%
MICRON TECHNOLOGY INC 0.10%
PETIQ INC 0.10%
PRIORITY TECHNOLOGY HOLDINGS 0.09%
RA MEDICAL SYSTEMS INC 0.06%
US FOODS HOLDING CORP 0.05%
NLIGHT INC 0.04%
RED ROBIN GOURMET BURGERS 0.04%
EASTERLY ACQ CORP - CW20 0.02%
GLOBAL FASHION GRP P/P 0.02%
J2 ACQUISITION LTD-CW20 0.01%
ALIGNVEST ACQUISITION - CW 0.00%
HC BRILLANT SERVICES GMBH P/P 0.00%
NEW BIGFOOT OTHER ASSETS GMBH P/P 0.00%
NEW MIDDLE EAST OTHER ASSETS GMBH P/P 0.00%

Full Portfolio Holdings as of 09/30/18

MICROSOFT CORP 5.25%
APPLE INC 4.67%
JPMORGAN CHASE & CO 2.91%
BANK OF AMERICA CORP 2.25%
AMAZON.COM INC 2.05%
CISCO SYSTEMS INC 1.92%
ALPHABET INC-CL C 1.79%
CITIGROUP INC 1.71%
AMGEN INC 1.50%
PFIZER INC 1.42%
GOLDMAN SACHS GROUP INC 1.38%
WALMART INC 1.38%
BOEING CO/THE 1.33%
FACEBOOK INC-A 1.30%
BERKSHIRE HATHAWAY INC-CL B 1.28%
JOHNSON & JOHNSON 1.26%
HOME DEPOT INC 1.23%
VISA INC-CLASS A SHARES 1.23%
ROYAL DUTCH SHELL-SPON ADR-A 1.17%
CONOCOPHILLIPS 1.15%
COMCAST CORP-CLASS A 1.08%
WALT DISNEY CO/THE 1.00%
HEALTH CARE SELECT SECTOR 0.97%
INDUSTRIAL SELECT SECT SPDR 0.95%
ALPHABET INC-CL A 0.92%
INTEL CORP 0.89%
BIOGEN INC 0.87%
NRG ENERGY INC 0.87%
GILEAD SCIENCES INC 0.86%
PEPSICO INC 0.86%
AT&T INC 0.85%
BAXTER INTERNATIONAL INC 0.85%
LOWES COMPANIES INC 0.85%
HCA HEALTHCARE INC 0.83%
HUMANA INC 0.82%
ORACLE CORP 0.82%
MASTERCARD INC - A 0.77%
BEST BUY CO INC 0.74%
NORFOLK SOUTHERN CORP 0.73%
TARGET CORP 0.73%
VALERO ENERGY CORP 0.73%
PULTEGROUP INC 0.72%
CAPITAL ONE FINANCIAL CORP 0.71%
CATERPILLAR INC 0.71%
JAZZ PHARMACEUTICALS PLC 0.71%
CVS HEALTH CORP 0.70%
AMERIPRISE FINANCIAL INC 0.69%
ENTERGY CORP 0.69%
EXELON CORP 0.68%
HP INC 0.64%
DOWDUPONT INC 0.63%
PENN NATIONAL GAMING INC 0.63%
INTL BUSINESS MACHINES CORP 0.61%
LIVE NATION ENTERTAINMENT IN 0.61%
SOUTHWEST AIRLINES CO 0.61%
ADOBE SYSTEMS INC 0.60%
KROGER CO 0.60%
APPLIED MATERIALS INC 0.59%
LEAR CORP 0.59%
ENTERPRISE PRODUCTS PARTNERS 0.57%
LAM RESEARCH CORP 0.56%
CIGNA CORP 0.55%
MARATHON OIL CORP 0.54%
WALGREENS BOOTS ALLIANCE INC 0.54%
EASTERLY GOVERNMENT PROPERTI 0.53%
EXXON MOBIL CORP 0.53%
BECTON DICKINSON AND CO 0.52%
EMERSON ELECTRIC CO 0.52%
MCKESSON CORP 0.52%
STATE STREET CORP 0.52%
AIR CANADA 0.51%
CELANESE CORP 0.50%
MGM RESORTS INTERNATIONAL 0.50%
SUNCOR ENERGY INC 0.50%
UNITED RENTALS INC 0.50%
HYATT HOTELS CORP - CL A 0.49%
PIRELLI & C SPA 0.49%
SUNTRUST BANKS INC 0.49%
GENERAL MOTORS CO 0.48%
TEXAS INSTRUMENTS INC 0.47%
CF INDUSTRIES HOLDINGS INC 0.46%
COSTCO WHOLESALE CORP 0.46%
KENNEDY-WILSON HOLDINGS INC 0.46%
REPUBLIC SERVICES INC 0.46%
FREEPORT-MCMORAN INC 0.45%
RAYMOND JAMES FINANCIAL INC 0.45%
ASSURED GUARANTY LTD 0.44%
CBRE GROUP INC - A 0.44%
LINCOLN NATIONAL CORP 0.43%
SPIRIT AEROSYSTEMS HOLD-CL A 0.43%
ARMADA HOFFLER PROPERTIES IN 0.41%
DXC TECHNOLOGY CO 0.41%
GAP INC/THE 0.41%
DELL TECHNOLOGIES INC-CL V 0.39%
AMERICAN INTERNATIONAL GROUP 0.38%
WYNDHAM HOTELS & RESORTS INC 0.38%
EASTMAN CHEMICAL CO 0.37%
FIRSTENERGY CORP 0.37%
TOTAL SA-SPON ADR 0.37%
BRUNSWICK CORP 0.35%
EASTERLY ACQUISITION CORP 0.35%
TENET HEALTHCARE CORP 0.35%
TPG PACE HOLDINGS CORP 0.35%
FEDEX CORP 0.34%
MORGAN STANLEY 0.34%
ENCANA CORP 0.32%
KKR & CO INC -A 0.32%
PRUDENTIAL FINANCIAL INC 0.32%
BANK OF NEW YORK MELLON CORP 0.31%
DELIVERY HERO AG 0.31%
DELTA AIR LINES INC 0.31%
ORION ENGINEERED CARBONS SA 0.31%
MICHAELS COS INC/THE 0.30%
COCA-COLA CO/THE 0.29%
HANESBRANDS INC 0.29%
KIMBERLY-CLARK CORP 0.29%
NOMAD FOODS LTD 0.28%
ENERGIZER HOLDINGS INC 0.27%
J2 ACQUISITION LTD 0.27%
LIBERTY GLOBAL PLC-A 0.26%
TERADYNE INC 0.26%
UNION PACIFIC CORP 0.26%
EQUITY COMMONWEALTH 0.25%
INVESCO LTD 0.25%
DIAMONDBACK ENERGY INC 0.24%
FEDERAL STREET ACQUISITION 0.24%
KINDER MORGAN INC 0.24%
US XPRESS ENTERPRISES INC -A 0.24%
RADIAN GROUP INC 0.23%
LARGO RESOURCES LTD 0.22%
BECTON DICKINSON AND CO 06.1250 CUM CV PFD 0.21%
MOLSON COORS BREWING CO -B 0.21%
APOLLO GLOBAL MANAGEMENT - A 0.20%
PLAINS GP HOLDINGS LP-CL A 0.20%
ALIGNVEST ACQUISITION II C-A 0.18%
BLOOMIN' BRANDS INC 0.17%
QUALCOMM INC 0.17%
ANADARKO PETROLEUM CORP 0.16%
CAPITOL INVESTMENT CORP IV 0.16%
DISCOVERY INC - A 0.16%
KIMBELL ROYALTY PARTNERS LP 0.16%
HAYMAKER ACQUISITION CORP 0.14%
HILLTOP HOLDINGS INC 0.14%
GORES HOLDINGS II INC 0.13%
GREEN BRICK PARTNERS INC 0.12%
YEXT INC 0.12%
BRIGHTVIEW HOLDINGS INC 0.10%
MAGNA INTERNATIONAL INC 0.10%
MICRON TECHNOLOGY INC 0.10%
PETIQ INC 0.10%
PRIORITY TECHNOLOGY HOLDINGS 0.09%
RA MEDICAL SYSTEMS INC 0.06%
US FOODS HOLDING CORP 0.05%
NLIGHT INC 0.04%
RED ROBIN GOURMET BURGERS 0.04%
EASTERLY ACQ CORP - CW20 0.02%
GLOBAL FASHION GRP P/P 0.02%
J2 ACQUISITION LTD-CW20 0.01%
ALIGNVEST ACQUISITION - CW 0.00%
HC BRILLANT SERVICES GMBH P/P 0.00%
NEW BIGFOOT OTHER ASSETS GMBH P/P 0.00%
NEW MIDDLE EAST OTHER ASSETS GMBH P/P 0.00%
POUND STERLING CALL ACCOUNT 0.00%
THE EURO EUR CALL ACCOUNT 0.00%
CANADIAN DOLLAR ACCOUNT -0.02%

Prior top 10 holdings

Top 10 holdings as of 10/31/18
1: Microsoft Corp 5.37%
2: Apple 4.96%
3: JPMorgan Chase 3.07%
4: Alphabet 2.38%
5: Bank Of America Corp 2.30%
6: Cisco Systems 1.98%
7: Amazon.Com 1.79%
8: Walmart 1.66%
9: Goldman Sachs Group The 1.58%
10: Citigroup 1.55%
Holdings represent 26.64% of portfolio
Top 10 holdings as of 09/30/18
1: Microsoft Corp 5.25%
2: Apple 4.67%
3: JPMorgan Chase 2.91%
4: Alphabet 2.71%
5: Bank Of America Corp 2.25%
6: Amazon.Com 2.05%
7: Cisco Systems 1.92%
8: Citigroup 1.71%
9: Amgen 1.50%
10: Pfizer 1.42%
Holdings represent 26.39% of portfolio
Top 10 holdings as of 08/31/18
1: Apple 4.68%
2: Alphabet 3.01%
3: JPMorgan Chase 2.93%
4: Bank Of America Corp 2.35%
5: Amazon 2.04%
6: Cisco Systems 1.87%
7: Citigroup 1.69%
8: Boeing 1.51%
9: Goldman Sachs Group The 1.45%
10: Amgen 1.44%
Holdings represent 22.97% of portfolio
Top 10 holdings as of 07/31/18
1: Microsoft Corp 4.88%
2: Apple 3.94%
3: JPMorgan Chase 3.13%
4: Alphabet 3.07%
5: Bank of America 2.36%
6: Amazon 1.82%
7: Cisco Systems 1.80%
8: Citigroup 1.71%
9: Boeing 1.58%
10: Walmart 1.47%
Holdings represent 25.76% of portfolio

Portfolio Composition as of 10/31/18

Common stock 97.47%
Cash and net other assets 2.53%

Portfolio allocations will vary over time. The unclassified sector (where applicable) includes exchange traded funds and other securities not able to be classified by sector.

Variable annuities are long-term investments designed for retirement purposes. Withdrawals prior to age 59 1/2 may be subject to a 10% IRS penalty.The fund involves the risk that the stock prices of the companies in the portfolio will fall or will fail to rise. Many factors can adversely affect a stock's performance, including both general financial market conditions and factors related to a specific company or industry.

Lipper is an industry research firm whose rankings are based on total return performance, vary over time, and do not reflect the effects of sales charges. Past performance is not indicative of future results.

Top Industry Sectors as of 10/31/18

Information technology 21.15%
Financials 17.70%
Health care 12.70%
Consumer discretionary 10.49%
Communication services 7.97%
Industrials 7.73%
Energy 6.67%
Consumer staples 5.99%
Utilities 2.68%
 
Other
6.92%
Cash and net other assets 2.53%
Materials 2.28%
Real estate 2.11%

Expenses

Sales Charges/Fees

Breakpoint Sales Charge Dealer Allowance CDSC Liab
$0 - $0 0.00% 0.00% N

Variable annuities are long-term investments designed for retirement purposes. Withdrawals prior to age 59 1/2 may be subject to a 10% IRS penalty.The fund involves the risk that the stock prices of the companies in the portfolio will fall or will fail to rise. Many factors can adversely affect a stock's performance, including both general financial market conditions and factors related to a specific company or industry.

‡ Lipper is an industry research firm whose rankings are based on total return performance, vary over time, and do not reflect the effects of sales charges. Past performance is not indicative of future results.

CDSC

Year Percent
1 7.00%
2 7.00%
3 6.00%
4 5.00%
5 4.00%
6 3.00%
7 2.00%
8+ 0.00%