‡ 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 Equity Income Subaccount
The subaccount seeks current income. Capital growth is a secondary objective when consistent with seeking current income.
Fund description
The subaccount employs Putnam's value strategy to invest primarily in stocks of large and mid-sized companies that are undervalued and poised for positive change. The subaccount favors dividend-paying companies and is broadly diversified across market sectors. To help manage volatility and increase current income, up to 20% of the portfolio can be invested in high quality, fixed-income securities.
Sales story
A multidimensional approach that defines value on a daily basisA large-value focus: The fund focuses on large companies whose stocks are priced below their long-term potential, and where there may be a catalyst for positive change.Dividend growth: The fund places a distinct emphasis on companies that can grow their dividends and are able and willing to return cash to shareholders.A disciplined process: The portfolio managers invest using fundamental research and quantitative tools supported by strong risk controls in portfolio construction.
Management team
- Darren A. Jaroch, CFA (Investing since 1996)
- Lauren B. DeMore, CFA (Investing since 2002)
Daily pricing as of 05/26/20
| with optional enhanced death benefits | ||
|---|---|---|
| Unit Value | $32.207666 | $31.382157 |
| Unit Value Change | 0.707541 | 0.688914 |
Lipper ranking ‡ as of 04/30/20
Category: Equity Income Funds
| Percentile ranking | Rank/Funds in category | |
|---|---|---|
| 10 yrs. | 19% | 10/54 |
| 1 yr. | 29% | 23/80 |
| 3 yrs. | 22% | 16/72 |
| 5 yrs. | 28% | 19/69 |
Quick facts as of 04/30/20
| Fiscal Year End | December |
| Asset Class | Putnam Allstate Advisor Plus |
| Subaccount Status | Open to new investors |
| Number of issues | 94 |
| Turnover (fiscal year end) | 14% |
| Net Assets | $1,191M |
| Inception Date | 05/01/03 |
Performance
Performance as of 03/31/20
| Annualized Performance | Last Quarter | Year to Date |
1 yr. | 3 yrs. | 5 yrs. | 10 yrs. | Life of subaccount |
|---|---|---|---|---|---|---|---|
| Restated performance | |||||||
| Unit Value | -25.85% | -25.85% | -14.66% | -1.33% | 1.15% | 6.82% | 6.25% |
| Standardized | -31.78% | -31.78% | -21.49% | -4.04% | -0.02% | 6.82% | 6.25% |
| With optional enhanced death benefit | |||||||
| Unit Value | -25.88% | -25.88% | -14.79% | -1.48% | 1.00% | 6.66% | 6.09% |
| Standardized | -31.81% | -31.81% | -21.60% | -4.18% | -0.18% | 6.66% | 6.09% |
| Actual performance | |||||||
| Unit Value | -25.85% | -25.85% | -14.66% | -1.33% | 1.15% | 6.82% | 6.25% |
| Standardized | -31.78% | -31.78% | -21.49% | -4.04% | -0.02% | 6.82% | 6.25% |
| With optional enhanced death benefit | |||||||
| Unit Value | -- | -- | -- | -- | -- | -- | -- |
| Standardized | -- | -- | -- | -- | -- | -- | -- |
Annual Performance at NAV
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|---|---|---|---|
| 10.81% | 0.29% | 17.39% | 30.30% | 10.86% | -4.59% | 11.83% | 16.88% | -9.96% | 28.32% |
| With optional enhanced death benefit | |||||||||
| 10.64% | 0.14% | 17.21% | 30.10% | 10.69% | -4.74% | 11.66% | 16.70% | -10.10% | 28.13% |
Restated performance
Monthly as of 04/30/20 |
|
|---|---|
| Unit Value | 12.16% |
| Standardized | 4.16% |
YTD as of 05/26/20 |
|
|---|---|
| Unit Value | -14.37% |
| Standardized | -21.22% |
With optional enhanced death benefit
Monthly as of 04/30/20 |
|
|---|---|
| Unit Value | 12.15% |
| Standardized | 4.15% |
YTD as of 05/26/20 |
|
|---|---|
| Unit Value | -14.43% |
| Standardized | -21.27% |
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 04/30/20
| Alpha (%) | 2.90 |
| Beta | 0.99 |
| R Squared | 0.98 |
| Standard Deviation (3 yrs.) | 17.77 |
Holdings
| Microsoft Corp | 3.31% |
| Walmart | 3.12% |
| Bank Of America Corp | 3.01% |
| JPMorgan Chase | 2.93% |
| Citigroup | 2.86% |
| Johnson&Johnson | 2.47% |
| Northrop Grumman Corp | 2.27% |
| American Tower Corp | 1.96% |
| Cigna Corp | 1.95% |
| Eli Lilly And | 1.81% |
| Top 10 holdings, total: | 25.69% |
| Top 10 holdings as of 04/30/20 | |
|---|---|
| 1: Microsoft Corp | 3.31% |
| 2: Walmart | 3.12% |
| 3: Bank Of America Corp | 3.01% |
| 4: JPMorgan Chase | 2.93% |
| 5: Citigroup | 2.86% |
| 6: Johnson&Johnson | 2.47% |
| 7: Northrop Grumman Corp | 2.27% |
| 8: American Tower Corp | 1.96% |
| 9: Cigna Corp | 1.95% |
| 10: Eli Lilly And | 1.81% |
| Holdings represent 25.69% of portfolio | |
| Top 10 holdings as of 03/31/20 | |
|---|---|
| 1: Microsoft Corp | 4.38% |
| 2: Walmart | 3.27% |
| 3: JPMorgan Chase | 3.09% |
| 4: Bank Of America Corp | 2.98% |
| 5: Citigroup | 2.57% |
| 6: Johnson & Johnson | 2.42% |
| 7: Northrop Grumman Corp | 2.32% |
| 8: American Tower Corp | 2.01% |
| 9: Cigna Corp | 1.98% |
| 10: Merck | 1.83% |
| Holdings represent 26.85% of portfolio | |
| Top 10 holdings as of 02/29/20 | |
|---|---|
| 1: Microsoft Corp | 3.74% |
| 2: Bank Of America Corp | 3.32% |
| 3: JPMorgan Chase | 3.31% |
| 4: Citigroup | 3.22% |
| 5: Walmart | 2.57% |
| 6: Northrop Grumman Corp | 2.10% |
| 7: Johnson&Johnson | 2.06% |
| 8: American Tower Corp | 1.74% |
| 9: Cigna Corp | 1.70% |
| 10: American Electric Power | 1.59% |
| Holdings represent 25.35% of portfolio | |
| Top 10 holdings as of 01/31/20 | |
|---|---|
| 1: Microsoft Corp | 3.54% |
| 2: Bank Of America Corp | 3.45% |
| 3: Citigroup | 3.40% |
| 4: JPMorgan Chase | 3.40% |
| 5: Walmart | 2.47% |
| 6: Northrop Grumman Corp | 2.16% |
| 7: Johnson&Johnson | 2.06% |
| 8: American Electric Power | 1.67% |
| 9: American Tower Corp | 1.61% |
| 10: Cigna Corp | 1.61% |
| Holdings represent 25.37% of portfolio | |
| MICROSOFT CORP SEDOL 2588173 | 4.38% | WALMART INC SEDOL 2936921 | 3.27% | JPMORGAN CHASE & CO SEDOL 2190385 | 3.09% | BANK OF AMERICA CORP SEDOL 2295677 | 2.98% | CITIGROUP INC SEDOL 2297907 | 2.57% | JOHNSON & JOHNSON SEDOL 2475833 | 2.42% | NORTHROP GRUMMAN CORP SEDOL 2648806 | 2.32% | AMERICAN TOWER CORP SEDOL B7FBFL2 | 2.01% | CIGNA CORP SEDOL BHJ0775 | 1.98% | MERCK & CO. INC. SEDOL 2778844 | 1.83% | ELI LILLY & CO SEDOL 2516152 | 1.82% | PROCTER & GAMBLE CO/THE SEDOL 2704407 | 1.79% | AMERICAN ELECTRIC POWER SEDOL 2026242 | 1.72% | CHARTER COMMUNICATIONS INC-A SEDOL BZ6VT82 | 1.69% | AMGEN INC SEDOL 2023607 | 1.66% | ASTRAZENECA PLC-SPONS ADR SEDOL 2989044 | 1.63% | REGENERON PHARMACEUTICALS SEDOL 2730190 | 1.60% | EXELON CORP SEDOL 2670519 | 1.56% | ABBVIE INC SEDOL B92SR70 | 1.55% | AT&T INC SEDOL 2831811 | 1.48% | UNION PACIFIC CORP SEDOL 2914734 | 1.46% | NRG ENERGY INC SEDOL 2212922 | 1.45% | COMCAST CORP-CLASS A SEDOL 2044545 | 1.41% | PEPSICO INC SEDOL 2681511 | 1.37% | BJ'S WHOLESALE CLUB HOLDINGS SEDOL BFZNZF8 | 1.28% | CISCO SYSTEMS INC SEDOL 2198163 | 1.26% | BAXTER INTERNATIONAL INC SEDOL 2085102 | 1.24% | PNC FINANCIAL SERVICES GROUP SEDOL 2692665 | 1.23% | QUALCOMM INC SEDOL 2714923 | 1.19% | APPLE INC SEDOL 2046251 | 1.14% | FIDELITY NATIONAL INFO SERV SEDOL 2769796 | 1.11% | AIR PRODUCTS & CHEMICALS INC SEDOL 2011602 | 1.11% | INTEL CORP SEDOL 2463247 | 1.11% | UNITED RENTALS INC SEDOL 2134781 | 1.10% | RAYTHEON COMPANY SEDOL 2758051 | 1.10% | ACTIVISION BLIZZARD INC SEDOL 2575818 | 1.08% | ASSURED GUARANTY LTD SEDOL B00V7H8 | 1.08% | EXXON MOBIL CORP SEDOL 2326618 | 1.06% | DOW INC SEDOL BHXCF84 | 1.05% | KROGER CO SEDOL 2497406 | 1.00% | CONOCOPHILLIPS | 0.97% | HOME DEPOT INC SEDOL 2434209 | 0.95% | JOHNSON CONTROLS INTERNATION SEDOL BY7QL61 | 0.94% | GAMING AND LEISURE PROPERTIE SEDOL BFPK4S5 | 0.94% | EATON CORP PLC SEDOL B8KQN82 | 0.93% | AMEREN CORPORATION SEDOL 2050832 | 0.92% | HILTON WORLDWIDE HOLDINGS IN SEDOL BYVMW06 | 0.92% | PFIZER INC SEDOL 2684703 | 0.90% | VALERO ENERGY CORP SEDOL 2041364 | 0.90% | BP PLC SEDOL 0798059 | 0.86% | AXA SA SEDOL 7088429 | 0.85% | SCHWAB (CHARLES) CORP SEDOL 2779397 | 0.84% | GOLDMAN SACHS GROUP INC SEDOL 2407966 | 0.84% | RADIAN GROUP INC SEDOL 2173911 | 0.80% | TOTAL SA SEDOL B15C557 | 0.79% | FORTUNE BRANDS HOME & SECURI SEDOL B3MC7D6 | 0.79% | DANAHER CORP SEDOL 2250870 | 0.78% | APOLLO GLOBAL MANAGEMENT INC SEDOL BKRLVD5 | 0.77% | STATE STREET CORP SEDOL 2842040 | 0.76% | HONEYWELL INTERNATIONAL INC SEDOL 2020459 | 0.74% | WELLS FARGO & CO SEDOL 2649100 | 0.74% | AMERICAN INTERNATIONAL GROUP SEDOL 2027342 | 0.71% | ALBEMARLE CORP SEDOL 2046853 | 0.70% | VERIZON COMMUNICATIONS INC SEDOL 2090571 | 0.69% | FREEPORT-MCMORAN INC SEDOL 2352118 | 0.69% | SOUTHWEST AIRLINES CO SEDOL 2831543 | 0.68% | ENTERPRISE PRODUCTS PARTNERS SEDOL 2285388 | 0.67% | TEXAS INSTRUMENTS INC SEDOL 2885409 | 0.67% | CRH PLC SEDOL 4182249 | 0.66% | MOLSON COORS BEVERAGE CO - B SEDOL B067BM3 | 0.66% | DANAHER CORP 04.7500 CUM CV PFD | 0.64% | BOSTON PROPERTIES INC SEDOL 2019479 | 0.64% | ARAMARK SEDOL BH3XG17 | 0.63% | GENERAL MOTORS CO SEDOL B665KZ5 | 0.62% | APTIV PLC SEDOL B783TY6 | 0.58% | PULTEGROUP INC SEDOL 2708841 | 0.56% | WALGREENS BOOTS ALLIANCE INC SEDOL BTN1Y44 | 0.56% | NXP SEMICONDUCTORS NV SEDOL B505PN7 | 0.50% | CAPITAL ONE FINANCIAL CORP SEDOL 2654461 | 0.48% | KEYCORP SEDOL 2490911 | 0.42% | KEURIG DR PEPPER INC SEDOL BD3W133 | 0.28% | ONEOK INC SEDOL 2130109 | 0.27% | EOG RESOURCES INC SEDOL 2318024 | 0.25% | DUPONT DE NEMOURS INC SEDOL BK0VN47 | 0.25% | GENERAL ELECTRIC CO SEDOL 2380498 | 0.23% | SHERWIN-WILLIAMS CO/THE SEDOL 2804211 | 0.20% | MARATHON OIL CORP SEDOL 2910970 | 0.14% | HALLIBURTON CO SEDOL 2405302 | 0.13% | STANLEY BLACK & DECKER I 05.2500 CV PFD | 0.10% | MFA FINANCIAL INC SEDOL 2418162 | 0.08% | OCCIDENTAL PETROLEUM CORP SEDOL 2655408 | 0.06% | TREASURY BILL 00.0000 04/09/2020 | 0.06% | GBP/USD 06/17/2020 BCAP-FX | 0.06% | TREASURY BILL 00.0000 06/11/2020 | 0.05% | GBP/USD 06/17/2020 GSFX | 0.05% | OPORTUN FINANCIAL CORP SEDOL BKTC5L2 | 0.05% | OVINTIV INC SEDOL BL3GRC2 | 0.04% | DXC TECHNOLOGY CO SEDOL BYXD7B3 | 0.03% | TREASURY BILL 00.0000 04/16/2020 | 0.03% | TREASURY BILL 00.0000 06/04/2020 | 0.03% | TREASURY BILL 00.0000 04/02/2020 | 0.02% | EUR/USD 06/17/2020 SSBT | 0.02% | EUR/USD 06/17/2020 GSFX | 0.00% | EUR/USD 06/17/2020 BANKAM | 0.00% | EUR/USD 06/17/2020 UBS | 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% | GBP/USD 06/17/2020 SSBT | -0.01% | EUR/USD 06/17/2020 BCAP-FX | -0.01% |
| JPMORGAN CHASE & CO SEDOL 2190385 | 4.51% | BANK OF AMERICA CORP SEDOL 2295677 | 3.58% | MICROSOFT CORP SEDOL 2588173 | 3.18% | CITIGROUP INC SEDOL 2297907 | 3.05% | WALMART INC SEDOL 2936921 | 2.48% | APPLE INC SEDOL 2046251 | 2.12% | JOHNSON & JOHNSON SEDOL 2475833 | 1.95% | NORTHROP GRUMMAN CORP SEDOL 2648806 | 1.92% | CIGNA CORP SEDOL BHJ0775 | 1.65% | MERCK & CO. INC. SEDOL 2778844 | 1.57% | AMERICAN TOWER CORP SEDOL B7FBFL2 | 1.54% | ASSURED GUARANTY LTD SEDOL B00V7H8 | 1.48% | CONOCOPHILLIPS | 1.48% | PROCTER & GAMBLE CO/THE SEDOL 2704407 | 1.47% | AMERICAN ELECTRIC POWER SEDOL 2026242 | 1.47% | AT&T INC SEDOL 2831811 | 1.44% | DOW INC SEDOL BHXCF84 | 1.43% | AMGEN INC SEDOL 2023607 | 1.43% | EXXON MOBIL CORP SEDOL 2326618 | 1.41% | CHARTER COMMUNICATIONS INC-A SEDOL BZ6VT82 | 1.36% | UNION PACIFIC CORP SEDOL 2914734 | 1.36% | BECTON DICKINSON AND CO SEDOL 2087807 | 1.35% | COMCAST CORP-CLASS A SEDOL 2044545 | 1.34% | RAYTHEON COMPANY SEDOL 2758051 | 1.34% | ASTRAZENECA PLC-SPONS ADR SEDOL 2989044 | 1.32% | ABBVIE INC SEDOL B92SR70 | 1.31% | ELI LILLY & CO SEDOL 2516152 | 1.25% | NEXTERA ENERGY INC SEDOL 2328915 | 1.15% | RADIAN GROUP INC SEDOL 2173911 | 1.13% | PEPSICO INC SEDOL 2681511 | 1.13% | QUALCOMM INC SEDOL 2714923 | 1.13% | CISCO SYSTEMS INC SEDOL 2198163 | 1.11% | VALERO ENERGY CORP SEDOL 2041364 | 1.10% | KROGER CO SEDOL 2497406 | 1.10% | AMERICAN INTERNATIONAL GROUP SEDOL 2027342 | 1.09% | HILTON WORLDWIDE HOLDINGS IN SEDOL BYVMW06 | 1.09% | GAMING AND LEISURE PROPERTIE SEDOL BFPK4S5 | 1.05% | JOHNSON CONTROLS INTERNATION SEDOL BY7QL61 | 1.03% | WELLS FARGO & CO SEDOL 2649100 | 1.01% | PNC FINANCIAL SERVICES GROUP SEDOL 2692665 | 1.00% | ENTERPRISE PRODUCTS PARTNERS SEDOL 2285388 | 0.96% | AIR PRODUCTS & CHEMICALS INC SEDOL 2011602 | 0.94% | FIDELITY NATIONAL INFO SERV SEDOL 2769796 | 0.92% | BP PLC SEDOL 0798059 | 0.92% | GOLDMAN SACHS GROUP INC SEDOL 2407966 | 0.90% | INTEL CORP SEDOL 2463247 | 0.89% | NRG ENERGY INC SEDOL 2212922 | 0.86% | FORTUNE BRANDS HOME & SECURI SEDOL B3MC7D6 | 0.86% | HARTFORD FINANCIAL SVCS GRP SEDOL 2476193 | 0.84% | EATON CORP PLC SEDOL B8KQN82 | 0.82% | EDISON INTERNATIONAL SEDOL 2829515 | 0.82% | STATE STREET CORP SEDOL 2842040 | 0.82% | APTIV PLC SEDOL B783TY6 | 0.82% | TOTAL SA SEDOL B15C557 | 0.82% | REGENERON PHARMACEUTICALS SEDOL 2730190 | 0.81% | EXELON CORP SEDOL 2670519 | 0.81% | HOME DEPOT INC SEDOL 2434209 | 0.80% | GENERAL MOTORS CO SEDOL B665KZ5 | 0.79% | PFIZER INC SEDOL 2684703 | 0.79% | ACTIVISION BLIZZARD INC SEDOL 2575818 | 0.78% | SOUTHWEST AIRLINES CO SEDOL 2831543 | 0.75% | BJ'S WHOLESALE CLUB HOLDINGS SEDOL BFZNZF8 | 0.73% | CAPITAL ONE FINANCIAL CORP SEDOL 2654461 | 0.72% | HONEYWELL INTERNATIONAL INC SEDOL 2020459 | 0.72% | UNITED RENTALS INC SEDOL 2134781 | 0.71% | PULTEGROUP INC SEDOL 2708841 | 0.70% | BOSTON PROPERTIES INC SEDOL 2019479 | 0.70% | ONEOK INC SEDOL 2130109 | 0.69% | MOLSON COORS BEVERAGE CO - B SEDOL B067BM3 | 0.66% | TRUIST FINANCIAL CORP SEDOL BKP7287 | 0.66% | DANAHER CORP SEDOL 2250870 | 0.63% | SCHWAB (CHARLES) CORP SEDOL 2779397 | 0.62% | TEXAS INSTRUMENTS INC SEDOL 2885409 | 0.62% | KEYCORP SEDOL 2490911 | 0.59% | VERIZON COMMUNICATIONS INC SEDOL 2090571 | 0.57% | STANLEY BLACK & DECKER INC SEDOL B3Q2FJ4 | 0.57% | NXP SEMICONDUCTORS NV SEDOL B505PN7 | 0.56% | DANAHER CORP 04.7500 CUM CV PFD | 0.53% | WALGREENS BOOTS ALLIANCE INC SEDOL BTN1Y44 | 0.52% | ALCOA CORP SEDOL BYNF418 | 0.51% | FREEPORT-MCMORAN INC SEDOL 2352118 | 0.51% | APOLLO GLOBAL MANAGEMENT INC SEDOL BKRLVD5 | 0.47% | EOG RESOURCES INC SEDOL 2318024 | 0.43% | MARATHON OIL CORP SEDOL 2910970 | 0.43% | KKR & CO INC -A SEDOL BG1FRR1 | 0.42% | HALLIBURTON CO SEDOL 2405302 | 0.35% | DUPONT DE NEMOURS INC SEDOL BK0VN47 | 0.34% | MFA FINANCIAL INC SEDOL 2418162 | 0.29% | GENERAL DYNAMICS CORP SEDOL 2365161 | 0.28% | ENCANA CORP SEDOL 2793193 | 0.25% | KEURIG DR PEPPER INC SEDOL BD3W133 | 0.25% | GENERAL ELECTRIC CO SEDOL 2380498 | 0.24% | COTY INC-CL A SEDOL BBBSMJ2 | 0.22% | SHERWIN-WILLIAMS CO/THE SEDOL 2804211 | 0.19% | OCCIDENTAL PETROLEUM CORP SEDOL 2655408 | 0.16% | STANLEY BLACK & DECKER I 05.2500 CV PFD | 0.12% | OPORTUN FIN CORP P/P | 0.08% | DXC TECHNOLOGY CO SEDOL BYXD7B3 | 0.06% | TREASURY BILL 00.0000 03/12/2020 | 0.05% | TREASURY BILL 00.0000 04/09/2020 | 0.04% | TREASURY BILL 00.0000 06/11/2020 | 0.04% | TREASURY BILL 00.0000 04/16/2020 | 0.02% | TREASURY BILL 00.0000 06/04/2020 | 0.02% | TREASURY BILL 00.0000 04/02/2020 | 0.01% | GLOBAL FASHION GRP P/P | 0.00% | EUR/USD 03/18/2020 BANKAM | 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% | CAD/USD 01/15/2020 GSFX | -0.00% | EUR/USD 03/18/2020 GSFX | -0.00% | CAD/USD 01/15/2020 CITI | -0.00% | EUR/USD 03/18/2020 SSBT | -0.00% | GBP/USD 03/18/2020 GSFX | -0.02% | GBP/USD 03/18/2020 BCAP-FX | -0.02% |
Portfolio Composition as of 04/30/20
| Common stock | 98.66% |
| Convertible preferred stock | 0.76% |
| Cash and net other assets | 0.58% |
Consider these risks before investing: Value stocks may fail to rebound, and the market may not favor value-style investing. Income provided by the fund may be reduced by changes in the dividend policies of, and the capital resources available at, the companies in which the fund invests. 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. 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 04/30/20
| Financials | 18.76% |
|---|---|
| Health care | 18.03% |
| Industrials | 10.70% |
| Information technology | 10.38% |
| Consumer staples | 8.72% |
| Energy | 6.78% |
| Communication services | 6.16% |
| Consumer discretionary | 5.69% |
| Utilities | 5.41% |
| Other | 9.37% |
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% |