‡ 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.
Putnam Allstate Advisor Plus
Putnam Small Cap Value Subaccount
The subaccount seeks capital appreciation.
Fund description
The subaccount pursues its objective of long-term capital appreciation by investing in stocks of small companies that are undergoing positive changes. In accordance with its value strategy, it seeks holdings that have below-average price/earnings ratios and that are priced below their long-term business value. The subaccount's focus on low valuation helps to manage the risk associated with investing in small companies.
Sales story
Pursuing capital appreciation through undervalued small companiesSmall companiesOften overlooked by Wall Street analysts, the stocks of small companies can be attractive opportunities.Active value strategyThe strategy seeks undervalued companies with improving fundamentals or catalysts that may unlock potential.Rigorous researchThe portfolio manager and a team of senior research analysts combine the collaboration of a boutique with the extensive resources of a large global firm.
Management team
- Michael C. Petro, CFA (Investing since 1999)
Daily pricing as of 08/02/21
| with optional enhanced death benefits | ||
|---|---|---|
| Unit Value | $49.581238 | $47.99067 |
| Unit Value Change | -0.236355 | -0.22937 |
Lipper ranking ‡ as of 06/30/21
Category: Small-Cap Value Funds
| Percentile ranking | Rank/Funds in category | |
|---|---|---|
| 10 yrs. | 23% | 7/30 |
| 1 yr. | 13% | 4/32 |
| 3 yrs. | 38% | 12/31 |
| 5 yrs. | 32% | 10/31 |
Quick facts as of 06/30/21
| Fiscal Year End | December |
| Asset Class | Putnam Allstate Advisor Plus |
| Subaccount Status | Open to new investors |
| Number of issues | 110 |
| Turnover (fiscal year end) | 119% |
| Net Assets | $152M |
| Inception Date | 04/30/99 |
Performance
Performance as of 06/30/21
| Annualized Performance | Last Quarter | Year to Date |
1 yr. | 3 yrs. | 5 yrs. | 10 yrs. | Life of subaccount |
|---|---|---|---|---|---|---|---|
| Restated performance | |||||||
| Unit Value | 8.58% | 34.00% | 82.51% | 8.97% | 11.63% | 9.18% | 7.90% |
| Standardized | 0.58% | 26.00% | 74.51% | 6.68% | 10.85% | 9.18% | 7.90% |
| With optional enhanced death benefit | |||||||
| Unit Value | 8.54% | 33.90% | 82.24% | 8.81% | 11.47% | 9.01% | 7.74% |
| Standardized | 0.54% | 25.90% | 74.24% | 6.51% | 10.68% | 9.01% | 7.74% |
| Actual performance | |||||||
| Unit Value | 8.58% | 34.00% | 82.51% | 8.97% | 11.63% | 9.18% | 7.93% |
| Standardized | 0.58% | 26.00% | 74.51% | 6.68% | 10.85% | 9.18% | 7.93% |
| With optional enhanced death benefit | |||||||
| Unit Value | 8.54% | 33.90% | 82.24% | 8.81% | 11.47% | 9.01% | 7.77% |
| Standardized | 0.54% | 25.90% | 74.24% | 6.51% | 10.68% | 9.01% | 7.77% |
Annual Performance at NAV
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|---|---|---|---|
| -6.25% | 15.60% | 37.38% | 1.78% | -5.77% | 25.46% | 6.15% | -21.22% | 22.25% | 2.30% |
| With optional enhanced death benefit | |||||||||
| -6.39% | 15.43% | 37.17% | 1.62% | -5.92% | 25.27% | 5.99% | -21.34% | 22.07% | 2.15% |
Restated performance
Monthly as of 07/31/21 |
|
|---|---|
| Unit Value | -3.18% |
| Standardized | -10.93% |
YTD as of 08/02/21 |
|
|---|---|
| Unit Value | 29.12% |
| Standardized | 21.12% |
With optional enhanced death benefit
Monthly as of 07/31/21 |
|
|---|---|
| Unit Value | -3.20% |
| Standardized | -10.94% |
YTD as of 08/02/21 |
|
|---|---|
| Unit Value | 29.00% |
| Standardized | 21.00% |
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.
Risk Characteristics as of 06/30/21
| Alpha (%) | -0.76 |
| Beta | 1.14 |
| R Squared | 0.97 |
| Standard Deviation (3 yrs.) | 30.56 |
Holdings
| Vista Outdoor | 2.10% |
| Magnolia Oil Gas Corp | 1.64% |
| Unifi | 1.52% |
| Brookdale Senior Living | 1.49% |
| Sm Energy | 1.48% |
| Newpark Resources | 1.42% |
| Tronox Holdings | 1.35% |
| Major Drilling | 1.34% |
| Deluxe Corp | 1.34% |
| Radnet | 1.33% |
| Top 10 holdings, total: | 15.01% |
| Top 10 holdings as of 06/30/21 | |
|---|---|
| 1: Vista Outdoor | 2.10% |
| 2: Magnolia Oil Gas Corp | 1.64% |
| 3: Unifi | 1.52% |
| 4: Brookdale Senior Living | 1.49% |
| 5: Sm Energy | 1.48% |
| 6: Newpark Resources | 1.42% |
| 7: Tronox Holdings | 1.35% |
| 8: Major Drilling | 1.34% |
| 9: Deluxe Corp | 1.34% |
| 10: Radnet | 1.33% |
| Holdings represent 15.01% of portfolio | |
| Top 10 holdings as of 05/31/21 | |
|---|---|
| 1: Vista Outdoor | 2.05% |
| 2: Unifi | 1.78% |
| 3: Tronox Holdings | 1.50% |
| 4: Major Drilling | 1.49% |
| 5: Custom Truck One Source | 1.44% |
| 6: Newpark Resources | 1.42% |
| 7: Ibex Holdings | 1.39% |
| 8: Magnolia Oil Gas Corp | 1.37% |
| 9: Five Star Bancorp | 1.27% |
| 10: Oriental Finl Group Com | 1.26% |
| Holdings represent 14.97% of portfolio | |
| Top 10 holdings as of 04/30/21 | |
|---|---|
| 1: Unifi | 1.89% |
| 2: Vista Outdoor | 1.78% |
| 3: Custom Truck One Source | 1.61% |
| 4: Ibex Holdings | 1.58% |
| 5: Tronox Holdings | 1.46% |
| 6: Oriental Finl Group Com | 1.33% |
| 7: Lakeland Bancorp | 1.30% |
| 8: Newpark Resources | 1.29% |
| 9: Magnolia Oil Gas Corp | 1.28% |
| 10: Connectone Bancorp | 1.28% |
| Holdings represent 14.80% of portfolio | |
| Top 10 holdings as of 03/31/21 | |
|---|---|
| 1: Unifi | 1.98% |
| 2: Vista Outdoor | 1.77% |
| 3: Nesco Holdings | 1.66% |
| 4: Ibex Holdings | 1.57% |
| 5: Newpark Resources | 1.43% |
| 6: Magnolia Oil Gas Corp | 1.35% |
| 7: Oriental Finl Group Com | 1.32% |
| 8: Tronox Holdings | 1.32% |
| 9: Lakeland Bancorp | 1.30% |
| 10: Brookdale Senior Living | 1.28% |
| Holdings represent 14.98% of portfolio | |
| VISTA OUTDOOR INC SEDOL BVGC697 | 2.10% | MAGNOLIA OIL & GAS CORP - A SEDOL BF2GC59 | 1.64% | UNIFI INC SEDOL 2911865 | 1.52% | BROOKDALE SENIOR LIVING INC SEDOL B0PZN33 | 1.49% | SM ENERGY CO SEDOL 2764188 | 1.48% | NEWPARK RESOURCES INC SEDOL 2636878 | 1.42% | TRONOX HOLDINGS PLC- A SEDOL BJT16S6 | 1.35% | MAJOR DRILLING GROUP INTL SEDOL 2557515 | 1.34% | DELUXE CORP SEDOL 2260363 | 1.34% | RADNET INC SEDOL B1JNG19 | 1.33% | IBEX LTD SEDOL BLF81K2 | 1.26% | LANTHEUS HOLDINGS INC SEDOL BP8S8J5 | 1.22% | OFG BANCORP SEDOL B87LKR8 | 1.13% | FIVE STAR BANCORP SEDOL BP2C8W6 | 1.12% | PHOTRONICS INC SEDOL 2687315 | 1.11% | CNX RESOURCES CORP SEDOL BF3FTF4 | 1.09% | MAXAR TECHNOLOGIES INC SEDOL BF2KYF5 | 1.09% | RAMBUS INC SEDOL 2721967 | 1.08% | CONNECTONE BANCORP INC SEDOL BNQ4YF9 | 1.07% | JABIL INC SEDOL 2471789 | 1.06% | TITAN MACHINERY INC SEDOL B29H3T5 | 1.04% | PENNANTPARK INVESTMENT CORP SEDOL B1W5VY0 | 1.04% | LAKELAND BANCORP INC SEDOL 2620031 | 1.04% | ANTARES PHARMA INC SEDOL 2383163 | 1.03% | ALPINE INCOME PROPERTY TRUST SEDOL BKMQX40 | 1.02% | METHODE ELECTRONICS INC SEDOL 2583297 | 1.02% | VERSO CORP - A SEDOL BYN9TR1 | 1.02% | META FINANCIAL GROUP INC SEDOL 2420316 | 1.02% | STERLING CONSTRUCTION CO | 1.01% | OTTER TAIL CORP SEDOL 2664103 | 1.01% | SPIRIT REALTY CAPITAL INC SEDOL BHHZBZ8 | 1.00% | TIVITY HEALTH INC SEDOL BD8Q1B8 | 1.00% | J2 GLOBAL INC SEDOL B75DGJ3 | 0.99% | CROSSFIRST BANKSHARES INC SEDOL BK0XBX8 | 0.98% | WALKER & DUNLOP INC SEDOL B4TZV44 | 0.98% | SCORPIO TANKERS INC SEDOL BHXD297 | 0.98% | WILLSCOT MOBILE MINI HOLDING SEDOL BMHL0Z4 | 0.97% | UNIVEST FINANCIAL CORP SEDOL 2690636 | 0.97% | EVERI HOLDINGS INC SEDOL BYV34V4 | 0.96% | ALLEGIANT TRAVEL CO SEDOL B15M2C3 | 0.96% | SILGAN HOLDINGS INC SEDOL 2809324 | 0.96% | COLUMBUS MCKINNON CORP/NY SEDOL 2211071 | 0.96% | RADIANT LOGISTICS INC SEDOL B065G33 | 0.94% | NEW RESIDENTIAL INVESTMENT SEDOL BRJ9GW0 | 0.94% | COMMERCIAL METALS CO SEDOL 2213260 | 0.94% | HACKETT GROUP INC/THE SEDOL 2249254 | 0.93% | MAYVILLE ENGINEERING CO INC SEDOL BJLD0Y4 | 0.93% | HERMAN MILLER INC SEDOL 2594222 | 0.93% | ZUMIEZ INC SEDOL B081QB7 | 0.93% | FIRST HORIZON NATIONAL CORP | 0.92% | ANDERSONS INC/THE SEDOL 2274922 | 0.92% | UNITIL CORP SEDOL 2925037 | 0.91% | UNISYS CORP SEDOL 2931595 | 0.91% | OLIN CORP SEDOL 2658526 | 0.90% | RIBBON COMMUNICATIONS INC SEDOL BD2BLX1 | 0.90% | BANCORP INC/THE SEDOL B05BRL7 | 0.90% | PATRICK INDUSTRIES INC SEDOL 2673154 | 0.90% | UNIVERSAL TECHNICAL INSTITUT SEDOL 2002543 | 0.89% | AMERIS BANCORP SEDOL 2038849 | 0.89% | KARAT PACKAGING INC SEDOL BKDZ6W5 | 0.88% | BRIDGEWATER BANCSHARES INC SEDOL BFMZC67 | 0.88% | QUANEX BUILDING PRODUCTS SEDOL B2QXCJ9 | 0.88% | CRANE CO SEDOL 2231897 | 0.88% | HOOKER FURNITURE CORP | 0.88% | PREMIER FINANCIAL CORP SEDOL BLFBX72 | 0.87% | QCR HOLDINGS INC. | 0.86% | ATLANTIC CAPITAL BANCSHARES SEDOL BYT55F3 | 0.86% | RLJ LODGING TRUST SEDOL B3PY1N7 | 0.86% | CLEAN HARBORS INC SEDOL 2202473 | 0.85% | NVENT ELECTRIC PLC SEDOL BDVJJQ5 | 0.85% | DIVERSIFIED HEALTHCARE TRUST SEDOL BKRN595 | 0.85% | VECTRUS INC SEDOL BQS2V17 | 0.85% | ACCO BRANDS CORP SEDOL B0G7SZ5 | 0.84% | PREFERRED BANK/LOS ANGELES SEDOL 2763602 | 0.84% | CITI TRENDS INC SEDOL B06FLD8 | 0.84% | LADDER CAPITAL CORP-REIT SEDOL BJ367P1 | 0.83% | RELIANT BANCORP INC SEDOL BD25P75 | 0.83% | FIRST BANCSHARES INC/MS SEDOL 2184300 | 0.83% | ACADIA HEALTHCARE CO INC SEDOL B65VZ37 | 0.83% | NESCO HLDG - PIPE P/P | 0.83% | XENIA HOTELS & RESORTS INC SEDOL BVV6CY1 | 0.82% | BERKSHIRE HILLS BANCORP INC SEDOL 2606570 | 0.82% | ADVANSIX INC SEDOL BYMMZL7 | 0.81% | SHOE CARNIVAL INC SEDOL 2805474 | 0.79% | ALAMOS GOLD INC-CLASS A SEDOL BYNBW45 | 0.76% | ARCH RESOURCES INC SEDOL BLB8B95 | 0.76% | SOUTHERN FIRST BANCSHARES SEDOL 2508030 | 0.75% | MRC GLOBAL INC SEDOL B7M66F1 | 0.75% | GLOBAL MEDICAL REIT INC SEDOL BSNMBW7 | 0.74% | BRINKER INTERNATIONAL INC SEDOL 2193544 | 0.74% | LIONS GATE ENTERTAINMENT-A SEDOL BD8NBC0 | 0.73% | HILLENBRAND INC SEDOL B2QGDP1 | 0.72% | ARGO GROUP INTERNATIONAL SEDOL 2499543 | 0.71% | PURPLE INNOVATION INC SEDOL BYWFGP7 | 0.71% | MYERS INDUSTRIES INC SEDOL 2613086 | 0.68% | MGIC INVESTMENT CORP SEDOL 2548616 | 0.66% | SARATOGA INVESTMENT CORP SEDOL B1VPWH1 | 0.63% | INSTEEL INDUSTRIES INC SEDOL 2325875 | 0.62% | PROFESSIONAL HOLDING CORP-A SEDOL BWTNW74 | 0.60% | TRINITY CAPITAL INC SEDOL BMFWRS1 | 0.55% | HERITAGE INSURANCE HOLDINGS SEDOL BMN9870 | 0.45% | STIFEL FINANCIAL CORP SEDOL 2849234 | 0.40% | COASTAL FINANCIAL CORP/WA SEDOL BF7J9X0 | 0.37% | PEOPLES BANCORP INC SEDOL 2679419 | 0.34% | TECNOGLASS INC SEDOL BHCVTN5 | 0.33% | OLYMPIC STEEL INC SEDOL 2659013 | 0.32% | CRESCENT CAPITAL BDC INC SEDOL BKKFCK8 | 0.30% | CUSTOM TRUCK ONE SOURCE INC SEDOL BL66YS4 | 0.24% | CUSTOM TRUCK ONE SOURCE-CW25 SEDOL BL6KQZ7 | 0.04% | BANCTEC INC-144A CONTINGENT VALUE RIGHTS | 0.00% | FERROGLOBE REPRESENTATION & | 0.00% |
| UNIFI INC SEDOL 2911865 | 1.98% | VISTA OUTDOOR INC SEDOL BVGC697 | 1.78% | IBEX LTD SEDOL BLF81K2 | 1.57% | NEWPARK RESOURCES INC SEDOL 2636878 | 1.43% | MAGNOLIA OIL & GAS CORP - A SEDOL BF2GC59 | 1.35% | OFG BANCORP SEDOL B87LKR8 | 1.32% | TRONOX HOLDINGS PLC- A SEDOL BJT16S6 | 1.32% | LAKELAND BANCORP INC SEDOL 2620031 | 1.30% | BROOKDALE SENIOR LIVING INC SEDOL B0PZN33 | 1.28% | CONNECTONE BANCORP INC SEDOL BNQ4YF9 | 1.24% | UNIVEST FINANCIAL CORP SEDOL 2690636 | 1.22% | ALLEGIANT TRAVEL CO SEDOL B15M2C3 | 1.22% | MAJOR DRILLING GROUP INTL SEDOL 2557515 | 1.20% | PREMIER FINANCIAL CORP SEDOL BLFBX72 | 1.19% | FIRST HORIZON NATIONAL CORP | 1.16% | INVESTORS BANCORP INC SEDOL BMHT4M3 | 1.15% | PATRICK INDUSTRIES INC SEDOL 2673154 | 1.15% | AMERIS BANCORP SEDOL 2038849 | 1.14% | JABIL INC SEDOL 2471789 | 1.12% | DELUXE CORP SEDOL 2260363 | 1.11% | QCR HOLDINGS INC. | 1.10% | LANTHEUS HOLDINGS INC SEDOL BP8S8J5 | 1.09% | CROSSFIRST BANKSHARES INC SEDOL BK0XBX8 | 1.08% | TECNOGLASS INC SEDOL BHCVTN5 | 1.07% | CITI TRENDS INC SEDOL B06FLD8 | 1.07% | UNISYS CORP SEDOL 2931595 | 1.06% | META FINANCIAL GROUP INC SEDOL 2420316 | 1.06% | OTTER TAIL CORP SEDOL 2664103 | 1.05% | HILLENBRAND INC SEDOL B2QGDP1 | 1.04% | COMMERCIAL METALS CO SEDOL 2213260 | 1.03% | FIRST BANCSHARES INC/MS SEDOL 2184300 | 1.02% | ANTARES PHARMA INC SEDOL 2383163 | 1.02% | VERSO CORP - A SEDOL BYN9TR1 | 1.02% | QUANEX BUILDING PRODUCTS SEDOL B2QXCJ9 | 1.01% | RADNET INC SEDOL B1JNG19 | 1.00% | BANCORP INC/THE SEDOL B05BRL7 | 1.00% | COLUMBUS MCKINNON CORP/NY SEDOL 2211071 | 0.99% | J2 GLOBAL INC SEDOL B75DGJ3 | 0.99% | PEOPLES BANCORP INC SEDOL 2679419 | 0.98% | RLJ LODGING TRUST SEDOL B3PY1N7 | 0.96% | RAMBUS INC SEDOL 2721967 | 0.96% | ANDERSONS INC/THE SEDOL 2274922 | 0.96% | NESCO HLDG - PIPE P/P | 0.95% | METHODE ELECTRONICS INC SEDOL 2583297 | 0.94% | NVENT ELECTRIC PLC SEDOL BDVJJQ5 | 0.94% | XENIA HOTELS & RESORTS INC SEDOL BVV6CY1 | 0.94% | SHOE CARNIVAL INC SEDOL 2805474 | 0.93% | STIFEL FINANCIAL CORP SEDOL 2849234 | 0.93% | UNIVERSAL TECHNICAL INSTITUT SEDOL 2002543 | 0.92% | UNITIL CORP SEDOL 2925037 | 0.90% | NEW RESIDENTIAL INVESTMENT SEDOL BRJ9GW0 | 0.90% | CLEAN HARBORS INC SEDOL 2202473 | 0.89% | SCORPIO TANKERS INC SEDOL BHXD297 | 0.89% | RADIANT LOGISTICS INC SEDOL B065G33 | 0.89% | PHOTRONICS INC SEDOL 2687315 | 0.88% | EVERI HOLDINGS INC SEDOL BYV34V4 | 0.88% | LADDER CAPITAL CORP-REIT SEDOL BJ367P1 | 0.87% | UNIVERSAL LOGISTICS HOLDINGS SEDOL B066PX9 | 0.86% | ZUMIEZ INC SEDOL B081QB7 | 0.86% | UNIVERSAL ELECTRONICS INC SEDOL 2911683 | 0.86% | VECTRUS INC SEDOL BQS2V17 | 0.86% | SOUTHERN FIRST BANCSHARES SEDOL 2508030 | 0.86% | DOMTAR CORP SEDOL B1T84Z4 | 0.86% | ORBCOMM INC SEDOL B19FR01 | 0.85% | ALAMOS GOLD INC-CLASS A SEDOL BYNBW45 | 0.85% | MYERS INDUSTRIES INC SEDOL 2613086 | 0.85% | WILLSCOT MOBILE MINI HOLDING SEDOL BMHL0Z4 | 0.85% | ACCO BRANDS CORP SEDOL B0G7SZ5 | 0.84% | XPERI HOLDING CORP SEDOL BMWP0C8 | 0.82% | PURPLE INNOVATION INC SEDOL BYWFGP7 | 0.81% | PENNANTPARK INVESTMENT CORP SEDOL B1W5VY0 | 0.81% | MAYVILLE ENGINEERING CO INC SEDOL BJLD0Y4 | 0.81% | ARGO GROUP INTERNATIONAL SEDOL 2499543 | 0.81% | IMAX CORP SEDOL 2473859 | 0.81% | SPIRIT REALTY CAPITAL INC SEDOL BHHZBZ8 | 0.80% | CEDAR FAIR LP SEDOL 2181453 | 0.80% | ACADIA HEALTHCARE CO INC SEDOL B65VZ37 | 0.80% | BARINGS BDC INC SEDOL BFZ4N57 | 0.80% | SILGAN HOLDINGS INC SEDOL 2809324 | 0.79% | STERLING CONSTRUCTION CO | 0.79% | DIVERSIFIED HEALTHCARE TRUST SEDOL BKRN595 | 0.79% | CRANE CO SEDOL 2231897 | 0.79% | RIBBON COMMUNICATIONS INC SEDOL BD2BLX1 | 0.77% | MGIC INVESTMENT CORP SEDOL 2548616 | 0.77% | BERKSHIRE HILLS BANCORP INC SEDOL 2606570 | 0.76% | INSTEEL INDUSTRIES INC SEDOL 2325875 | 0.74% | SM ENERGY CO SEDOL 2764188 | 0.73% | SARATOGA INVESTMENT CORP SEDOL B1VPWH1 | 0.72% | ALPINE INCOME PROPERTY TRUST SEDOL BKMQX40 | 0.71% | CNX RESOURCES CORP SEDOL BF3FTF4 | 0.71% | LIONS GATE ENTERTAINMENT-A SEDOL BD8NBC0 | 0.69% | BERRY GLOBAL GROUP INC SEDOL B8BR3H3 | 0.69% | WALKER & DUNLOP INC SEDOL B4TZV44 | 0.68% | GAMING AND LEISURE PROPERTIE SEDOL BFPK4S5 | 0.67% | CUSTOM TRUCK ONE SOURCE INC SEDOL BL66YS4 | 0.67% | PROFESSIONAL HOLDING CORP-A SEDOL BWTNW74 | 0.66% | HERITAGE INSURANCE HOLDINGS SEDOL BMN9870 | 0.65% | BRINKER INTERNATIONAL INC SEDOL 2193544 | 0.64% | ARCH RESOURCES INC SEDOL BLB8B95 | 0.63% | ADVANSIX INC SEDOL BYMMZL7 | 0.62% | INDEPENDENT BANK CORP - MICH SEDOL 2492133 | 0.62% | OLYMPIC STEEL INC SEDOL 2659013 | 0.58% | CHESAPEAKE UTILITIES CORP SEDOL 2190750 | 0.56% | ATOTECH LTD SEDOL BMVMZ47 | 0.51% | MYR GROUP INC/DELAWARE SEDOL B3CLS18 | 0.50% | TRINITY CAPITAL INC SEDOL BMFWRS1 | 0.39% | COASTAL FINANCIAL CORP/WA SEDOL BF7J9X0 | 0.34% | CRESCENT CAPITAL BDC INC SEDOL BKKFCK8 | 0.32% | GLOBAL MEDICAL REIT INC SEDOL BSNMBW7 | 0.25% | RANGE RESOURCES CORP SEDOL 2523334 | 0.20% | CUSTOM TRUCK ONE SOURCE-CW25 SEDOL BL6KQZ7 | 0.04% | BANCTEC INC-144A CONTINGENT VALUE RIGHTS | 0.00% | FERROGLOBE REPRESENTATION & | 0.00% |
Portfolio Composition as of 06/30/21
| Common stock | 98.82% |
| Cash and net other assets | 1.18% |
Consider these risks before investing: Investments in small and/or midsize companies increase the risk of greater price fluctuations. Value stocks may fail to rebound, and the market may not favor value-style investing. The value of investments in the fund’s portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general economic, political, or financial market conditions; investor sentiment and market perceptions; government actions; geopolitical events or changes; and factors related to a specific issuer, geography, industry, or sector. These and other factors may lead to increased volatility and reduced liquidity in the fund’s portfolio holdings. These risks are generally greater for small and midsize companies. From time to time, the fund may invest a significant portion of its assets in companies in one or more related industries or sectors, which would make the fund more vulnerable to adverse developments affecting those industries or sectors. Our investment techniques, analyses, and judgments may not produce the outcome we intend. The investments we select for the fund may not perform as well as other securities that we do not select for the fund. We, or the fund’s other service providers, may experience disruptions or operating errors that could have a negative effect on the fund. You can lose money by investing in the fund. 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.
Top Industry Sectors as of 06/30/21
| Financials | 26.36% |
|---|---|
| Industrials | 19.73% |
| Consumer discretionary | 11.24% |
| Information technology | 9.27% |
| Materials | 9.09% |
| Energy | 7.37% |
| Health care | 6.90% |
| Real estate | 5.29% |
| Utilities | 1.92% |
| Other | 2.83% |
0
Expenses
Sales Charges/Fees
| Breakpoint | Sales Charge | Dealer Allowance | CDSC Liab |
|---|---|---|---|
| $0 - $0 | 0.00% | 0.00% | N |
CDSC
| Year | Percent |
|---|---|
| 1 | 8.00% |
| 2 | 8.00% |
| 3 | 8.00% |
| 4 | 7.00% |
| 5 | 6.00% |
| 6 | 5.00% |
| 7 | 4.00% |
| 8 | 3.00% |
| 9+ | 0.00% |