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Protective Variable Annuity Investors Series
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Protective Life Insurance Company
Protective Variable Annuity Separate Account P.O. Box 10648 Birmingham, Alabama 35202‑0648 Telephone: 1‑800‑456‑6330 Fax: 205‑268‑6479 www.protective.com |
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FEES AND EXPENSES
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Charges for Early Withdrawals
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If you surrender or make a withdrawal from your Contract within seven (7) years following your last Purchase Payment and before the Annuity Date, you will be assessed a surrender charge of up to 7% on the amount of the withdrawal minus the annual free withdrawal amount. The surrender charge starts at 7% and declines to 0% over seven (7) years.
For example, assume you purchased a Contract with a single Purchase Payment of $100,000 and surrendered the Contract during the first Contract Year. Your free withdrawal amount is $10,000 (10% x $100,000) and is not subject to a surrender charge. You will be assessed a surrender charge of up to $6,300 (7% x $90,000) on the remaining amount of your surrender request.
For additional information about charges for surrenders and early withdrawals, see “CHARGES AND DEDUCTIONS – Surrender Charge (Contingent Deferred Sales Charge)” and “FEE TABLE -- Transactions Fees” in the Prospectus.
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Transaction Charges
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In addition to surrender charges, you may also be charged $25 per transfer after the first 12 transfers in a Contract Year. Currently, we do not assess this charge.
For additional information about transaction charges, see “FEE TABLE - Transaction Expenses” and “CHARGES AND DEDUCTIONS” in the Prospectus.
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Ongoing Fees and Expenses (annual charges)
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| | The table below describes the fees and expenses that you may pay each year, depending on the options you choose. Please refer to your Contract specifications page for information about the specific fees you will pay each year based on the options you have elected. | |
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Annual Fee
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Minimum
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Maximum
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| Base contract (1) | | |
1.03%
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1.03%
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| Investment options (Fund fees and expenses) (2) | | |
0.35%
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2.38%
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| Optional benefits available for an additional charge | | | | | | | |
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Return of Purchase Payments Death Benefit Fee (if elected) (3)
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0.20%
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0.20%
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Lowest Annual Cost:
$1,401 |
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Highest Annual Cost:
$3,560 |
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| Assumes: | | | Assumes: | |
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Investment of $100,000
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5% annual appreciation
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Least expensive combination of Fund fees and expenses
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No optional benefits
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No additional Purchase Payments, transfers or withdrawals
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Investment of $100,000
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5% annual appreciation
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Most expensive combination of optional benefits and Fund fees and expenses
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No additional Purchase Payments, transfers, or withdrawals
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RISKS
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Risk of Loss
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You can lose money by investing in this Contract, including loss of principal.
For additional information about the risk of loss, see “PRINCIPAL RISKS OF INVESTING IN THE CONTRACT” in the Prospectus.
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Not a Short-Term Investment
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This Contract is not a short-term investment and is not appropriate for an investor who needs ready access to cash. Although you are permitted to take withdrawals or surrender the Contract, surrender charges and federal and state income taxes may apply.
Surrender charges may apply for up to seven (7) years following your last Purchase Payment. Withdrawals will reduce your Contract Value and death benefit.
The benefits of tax deferral also mean the Contract is less beneficial to investors with a short time horizon.
For additional information about the investment profile of the Contract, see “PRINCIPAL RISKS OF INVESTING IN THE CONTRACT,” “CHARGES AND DEDUCTIONS,” ”FEDERAL TAX MATTERS,” and “TAXATION OF ANNUITIES IN GENERAL” in the Prospectus.
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Risks Associated with Investment Options
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An investment in this Contract is subject to the risk of poor investment performance and can vary depending on the performance of the Investment Options available under the Contract.
Each Investment Option (including the Guaranteed Account) has its own unique risks.
You should review the prospectuses for the available Funds and consult with your financial professional before making an investment decision.
For additional information about the risks associated with Investment Options, see “PRINCIPAL RISKS OF INVESTING IN THE CONTRACT” in the Prospectus.
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Insurance Company Risks
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An investment in the Contract is subject to the risks related to the Company. Any obligations (including under the Guaranteed Account), guarantees, or benefits under the Contract are subject to the claims-paying ability of the Company. More information about the Company, including its financial strength ratings, is available upon request at no charge by calling us at 1-800-456-6330 or writing us at the address shown on the cover page.
For additional information about Company risks, see “PRINCIPAL RISKS OF INVESTING IN THE CONTRACT,” and “THE COMPANY, VARIABLE ACCOUNT AND FUNDS” in the Prospectus.
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RESTRICTIONS
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Investment Options
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Currently, there is no charge when you transfer Contract Value among Investment Options. However, we reserve the right to charge $25 for each transfer after the first 12 transfers in any Contract Year in the future.
We reserve the right to remove or substitute Funds as Investment Options that are available under the Contract. We also reserve the right to restrict the allocation of additional Purchase Payments and/or transfers of Contract Value to a Fund if we determine the Fund no longer meets one or more of our Fund selection criteria and/or if a Fund has not attracted significant contract owner assets.
For additional information about Investment Options, see “CHARGES AND DEDUCTIONS – Transfer Fee” and “THE COMPANY, VARIABLE ACCOUNT AND FUNDS – Selection of Funds – Addition, Deletion or Substitutions of Investments” in the Prospectus.
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Optional Benefits
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If you elect to participate in the optional Allocation Adjustment Program, you may not allocate Purchase Payments into restricted Sub-Accounts.
Withdrawals may reduce the optional Return of Purchase Payments Death Benefit by an amount greater than the value withdrawn, and could terminate the benefit.
We may stop offering the optional death benefit at any time.
For additional information about the optional death benefit, see “DEATH BENEFITS - Selecting A Death Benefit” in the Prospectus.
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TAXES
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Tax Implications
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You should consult with a qualified tax advisor regarding the federal tax implications of an investment in, payments received under, and other transactions in connection with this Contract.
If you purchase the Contract through a tax-qualified plan or individual retirement arrangement (IRA), you do not get any additional tax deferral. Generally, all earnings on the investments underlying the Contract are tax-deferred until distributed or deemed distributed. A distribution from a non-Qualified Contract, which includes a surrender, withdrawal, payment of a death benefit, or annuity income payments, will generally result in taxable income if there has been an increase in the Contract Value. In the case of a Qualified Contract, a distribution generally will result in taxable income even if there has not been an increase in the Contract Value. In certain circumstances, a 10% additional tax may also apply if the Owner takes a withdrawal before age 59½. All amounts includable in income with respect to the Contract are taxed as ordinary income; no amounts are taxed at the special lower rates applicable to long term capital gains and corporate dividends.
For additional information about tax implications, see “FEDERAL TAX MATTERS” and “TAXATION OF ANNUITIES IN GENERAL” in the Prospectus.
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CONFLICTS OF INTEREST
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Investment Professional Compensation
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We pay compensation, in the form of commissions, non-cash compensation, and asset-based compensation, to broker-dealers in connection with the promotion and sale of the Contracts. A portion of any payments made to the broker-dealers may be passed on to their registered representatives in accordance with their internal compensation programs. The prospect of receiving, or the receipt of, asset-based compensation may provide broker-dealers and/or their registered representatives with an incentive to recommend initial or continued investment in the Contracts over other variable insurance products (or other investments). You may wish to take such compensation arrangements into account when considering and evaluating any recommendation relating to the Contracts.
For additional information about compensation, see “DISTRIBUTION OF THE CONTRACTS” in the Prospectus.
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Exchanges
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Some investment professionals may have a financial incentive to offer you a new contract in place of the contract you already own. You should only exchange your current contract if you determine, after comparing the features, fees, and risks of both contracts, that it is better for you to purchase the new contract rather than continue to own your existing contract.
For additional information about exchanges, see “TAXATION OF ANNUITIES IN GENERAL – Exchanges of Annuity Contracts” in the Prospectus.
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Name of Benefit
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Purpose
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Is Benefit
Standard or Optional? |
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Annual Fee
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Brief Description of
Restrictions/Limitations |
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Contract Value Death Benefit
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| | Equal to the Contract Value as of the date we receive Due Proof of Death | | | Standard | | | No charge | | |
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None
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Return of Purchase Payments Death Benefit
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Equal to the greatest of:
1.
the Contract Value, or
2.
the aggregate Purchase Payments less an adjustment for each withdrawal (adjustment for each withdrawal is the amount that reduces the Return of Purchase Payments Death Benefit at the time of the withdrawal in the same proportion that the amount withdrawn reduces the Contract Value.)
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Optional
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0.20% (as an annualized percentage of the death benefit value on each Monthly Anniversary Date)
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Death Benefit will never be more than the Contract Value plus $1,000,000.
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Withdrawals can reduce the value of the Death Benefit by more than the amount withdrawn.
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It is possible that the value of this Death Benefit will be no greater than the value of the Contract Value Death Benefit, for which we do not assess a fee.
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Name of Benefit
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Purpose
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Maximum Fee
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Brief Description of
Restrictions/Limitations |
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Portfolio Rebalancing
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| | Automatically rebalances the Sub-Accounts you select (either quarterly, semi-annually or annually) to maintain your chosen percentage allocation of Variable Account value among the Sub-Accounts. | | |
None
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None
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Dollar Cost Averaging
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| | Automatically transfers a specific amount of money from the DCA Account or the Fixed Account to the Sub-Accounts you select, on a monthly basis over a specific period of time. | | |
None
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None
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Automatic Withdrawal Plan (“AWP”)
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| | Automatically withdraws a level dollar amount from the Contract on a monthly or quarterly basis before the Annuity Date. | | |
None
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If, during a Contract Year, the amount of withdrawals exceed the annual free withdrawal amount, we will deduct a surrender charge. Income taxes, including a tax penalty if you are younger than age 59 ½, may apply.
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Allocation Adjustment Program
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| | Monitors the performance of certain Sub-Accounts in which you may invest and transfers all Contract Value in these Sub-Accounts to the Invesco® V.I. U.S. Government Money Portfolio Sub-Account if, on any Monthly Anniversary Date, the Accumulation Unit value of the Sub-Account is the same as or drops below a specified level. | | |
None
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Purchase Payments may not be allocated and Contract Value may not be transferred to a restricted Sub-Account.
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Contract Value that is redirected to the Invesco® V.I. U.S. Government Money Portfolio Sub-Account will remain there until you submit new allocation instructions.
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The program terminates upon surrender, annuitization, or when we receive Due Proof of Death of the Owner.
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We may limit the number of times you may begin participating in the program.
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Minimum Initial Purchase Payment
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| | $5,000 | |
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Minimum Subsequent Purchase Payment
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$100 ($50 if made by electronic funds transfer)
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Maximum Aggregate Purchase Payment (1)
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| | $1,000,000 | |
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Limitations on withdrawal amounts
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At any time before the Annuity Date, you may withdraw Contract Value provided the Contract Value remaining after the withdrawal is at least $5,000.
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Surrender charges and taxes
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Surrender charges and federal and state income taxes may apply, as well as a 10% federal penalty tax if the withdrawal occurs before the Owner reaches age 59½.
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Negative impact of withdrawal on other benefits and guarantees of your Contract
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Withdrawals reduce your Contract Value and death benefit.
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Maximum Surrender Charge (as % of amount surrendered) (1)
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7%
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Transfer Fee (2)
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$25
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Administrative Expenses(1)
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$35
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Base Contract Expenses (as a percentage of average Variable Account value)(2)
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1.00%
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Return of Purchase Payments Death Benefit Fee (as an annualized percentage of the death benefit value on each Monthly Anniversary Date, beginning on the 1st Monthly Anniversary Date)(3)
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0.20%
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Minimum
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Maximum
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Annual Fund Expenses before any waivers or expense reimbursements (expenses that are deducted from Fund assets, including management fees, distribution and/or service (12b-1) fees, and other expenses)
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| | | | 0.35% | | | | | | 2.38% | | |
Annual Fund Expenses after any waivers or expense reimbursements (1)
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| | | | 0.35% | | | | | | 2.29% | | |
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1 year
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3 years
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5 years
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10 years
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Maximum Fund Expense
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| | | $ | 9,945 | | | | | $ | 16,447 | | | | | $ | 22,136 | | | | | $ | 37,835 | | |
Minimum Fund Expense
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| | | $ | 8,115 | | | | | $ | 10,933 | | | | | $ | 12,809 | | | | | $ | 18,632 | | |
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1 year
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3 years
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5 years
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10 years
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Maximum Fund Expense
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| | | $ | 3,560 | | | | | $ | 10,823 | | | | | $ | 18,284 | | | | | $ | 37,835 | | |
Minimum Fund Expense
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| | | $ | 1,603 | | | | | $ | 4,969 | | | | | $ | 8,561 | | | | | $ | 18,632 | | |
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Asset
Allocation Type |
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Portfolio Company - Investment Adviser; Sub-
Adviser(s), as applicable |
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Current
Expenses |
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Average Annual Total Returns
(as of 12/31/2023) |
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1 Year
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5 Year
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10 Year
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U.S. Equity
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AB Variable Products Series Fund, Inc. - Discovery Value Portfolio - Class B(2)
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1.06%
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16.86%
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10.51%
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7.29%
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U.S. Equity
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AB Variable Products Series Fund, Inc. - Large Cap Growth Portfolio - Class B(1)(2)
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0.91%
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34.78%
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17.56%
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14.60%
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U.S. Equity
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AB Variable Products Series Fund, Inc. - Relative Value Portfolio - Class B(1)(2)
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0.86%
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11.72%
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11.57%
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9.05%
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U.S. Equity
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AB Variable Products Series Fund, Inc. - Small Cap Growth Portfolio - Class B(1)(2)
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1.15%
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17.72%
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10.29%
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8.26%
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Allocation
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American Funds Insurance Series® Asset Allocation Fund - Class 4
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0.80%
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14.02%
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8.92%
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6.98%
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Allocation
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American Funds Insurance Series® Capital Income Builder® - Class 4(1)
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0.78%
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8.75%
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7.18%
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—
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International
Equity |
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American Funds Insurance Series® Capital World Growth and Income Fund® - Class 4(1)
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0.91%
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20.65%
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10.07%
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7.36%
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International
Equity |
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American Funds Insurance Series® Global Growth Fund - Class 4(1)(2)
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0.91%
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22.29%
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13.36%
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9.30%
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U.S. Equity
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American Funds Insurance Series® Growth Fund - Class 4(2)
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0.84%
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38.13%
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18.38%
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14.07%
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U.S. Equity
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American Funds Insurance Series® Growth-Income Fund - Class 4
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0.78%
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25.82%
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13.08%
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10.63%
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Taxable Bond
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American Funds Insurance Series® The Bond Fund of America® - Class 4(1)
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0.73%
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4.72%
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1.62%
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1.83%
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Taxable Bond
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American Funds Insurance Series® U.S. Government Securities Fund® - Class 4(1)
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0.76%
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2.62%
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0.79%
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1.27%
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Allocation
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BlackRock 60/40 Target Allocation ETF V.I. Fund - Class III(1)(2)
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0.56%
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15.32%
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8.69%
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—
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Allocation
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BlackRock Global Allocation V.I. Fund - Class III - BlackRock (Singapore) Limited; BlackRock International Limited(1)(2)
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1.02%
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12.49%
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7.39%
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4.63%
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U.S. Equity
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ClearBridge Variable Dividend Strategy Portfolio - Class II - ClearBridge Investments, LLC(2)
|
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1.00%
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14.01%
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13.35%
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10.17%
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U.S. Equity
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ClearBridge Variable Large Cap Growth Portfolio - Class II - ClearBridge Investments, LLC(2)
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1.01%
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43.66%
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15.22%
|
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—
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U.S. Equity
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ClearBridge Variable Mid Cap Portfolio - Class II - ClearBridge Investments, LLC(2)
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1.08%
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12.62%
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10.46%
|
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6.83%
|
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U.S. Equity
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ClearBridge Variable Small Cap Growth Portfolio - Class II - ClearBridge Investments, LLC(2)
|
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1.05%
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8.12%
|
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9.29%
|
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7.62%
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Allocation
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Columbia Variable Portfolio - Balanced Fund - Class 2(2)
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1.01%
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21.10%
|
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10.71%
|
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7.83%
|
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Taxable Bond
|
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Columbia Variable Portfolio - Intermediate Bond Fund - Class 2
|
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0.76%
|
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5.96%
|
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1.34%
|
| | |
1.99%
|
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Taxable Bond
|
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Columbia Variable Portfolio - Limited Duration Credit Fund - Class 2(1)
|
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0.66%
|
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6.66%
|
| | |
2.36%
|
| | |
1.65%
|
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U.S. Equity
|
| | |
Columbia Variable Portfolio - Select Mid Cap Value Fund - Class 2(1)(2)
|
| | |
1.07%
|
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10.05%
|
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13.05%
|
| | |
8.16%
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Asset
Allocation Type |
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Portfolio Company - Investment Adviser; Sub-
Adviser(s), as applicable |
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Current
Expenses |
| | |
Average Annual Total Returns
(as of 12/31/2023) |
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|
1 Year
|
| | |
5 Year
|
| | |
10 Year
|
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Taxable Bond
|
| | |
Columbia Variable Portfolio - Strategic Income Fund - Class 2(1)(2)
|
| | |
0.94%
|
| | |
9.20%
|
| | |
2.91%
|
| | |
2.99%
|
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Allocation
|
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Fidelity® VIP Asset Manager Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd(2)
|
| | |
0.78%
|
| | |
12.65%
|
| | |
7.22%
|
| | |
5.14%
|
| |
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Allocation
|
| | |
Fidelity® VIP Balanced Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd(2)
|
| | |
0.69%
|
| | |
21.29%
|
| | |
12.16%
|
| | |
8.81%
|
| |
| |
U.S. Equity
|
| | |
Fidelity® VIP Contrafund® Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd (2)
|
| | |
0.81%
|
| | |
33.12%
|
| | |
16.36%
|
| | |
11.33%
|
| |
| |
Sector Equity
|
| | |
Fidelity® VIP Energy Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd(2)
|
| | |
0.86%
|
| | |
0.70%
|
| | |
13.36%
|
| | |
2.37%
|
| |
| |
Allocation
|
| | |
Fidelity® VIP FundsManager 20% Portfolio - Service Class 2(1)
|
| | |
0.70%
|
| | |
7.91%
|
| | |
3.74%
|
| | |
3.03%
|
| |
| |
Allocation
|
| | |
Fidelity® VIP FundsManager 85% Portfolio - Service Class 2(1)(2)
|
| | |
0.93%
|
| | |
17.48%
|
| | |
11.10%
|
| | |
7.72%
|
| |
| |
Sector Equity
|
| | |
Fidelity® VIP Health Care Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd(2)
|
| | |
0.84%
|
| | |
4.01%
|
| | |
9.50%
|
| | |
10.39%
|
| |
| |
U.S. Equity
|
| | |
Fidelity® VIP Index 500 Portfolio - Service Class 2 - Geode Capital Management, LLC(2)
|
| | |
0.35%
|
| | |
25.88%
|
| | |
15.27%
|
| | |
11.64%
|
| |
| |
Taxable Bond
|
| | |
Fidelity® VIP Investment Grade Bond Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd
|
| | |
0.63%
|
| | |
6.00%
|
| | |
1.72%
|
| | |
2.08%
|
| |
| |
U.S. Equity
|
| | |
Fidelity® VIP Mid Cap Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd(2)
|
| | |
0.82%
|
| | |
14.80%
|
| | |
12.17%
|
| | |
7.85%
|
| |
| |
Allocation
|
| | |
Fidelity® VIP Target Volatility Portfolio - Service Class 2(1)(2)
|
| | |
0.80%
|
| | |
13.93%
|
| | |
6.84%
|
| | |
5.25%
|
| |
| |
U.S. Equity
|
| | |
Franklin DynaTech VIP Fund - Class 2 - Franklin Advisers, Inc.(1)(2)
|
| | |
0.90%
|
| | |
43.77%
|
| | |
13.76%
|
| | |
10.37%
|
| |
| |
Allocation
|
| | |
Franklin Income VIP Fund - Class 2 - Franklin Advisers, Inc.(1)(2)
|
| | |
0.71%
|
| | |
8.62%
|
| | |
6.98%
|
| | |
5.01%
|
| |
| |
U.S. Equity
|
| | |
Franklin Rising Dividends VIP Fund - Class 2 - Franklin Advisers, Inc.(1)(2)
|
| | |
0.90%
|
| | |
12.08%
|
| | |
13.75%
|
| | |
10.23%
|
| |
| |
U.S. Equity
|
| | |
Franklin Small Cap Value VIP Fund - Class 2 - Franklin Mutual Advisers, LLC(1)(2)
|
| | |
0.91%
|
| | |
12.75%
|
| | |
11.06%
|
| | |
7.04%
|
| |
| |
U.S. Equity
|
| | |
Franklin Small-Mid Cap Growth VIP Fund - Class 2 - Franklin Advisers, Inc.(1)(2)
|
| | |
1.08%
|
| | |
26.74%
|
| | |
13.51%
|
| | |
8.96%
|
| |
| |
Taxable Bond
|
| | |
Franklin Strategic Income VIP Fund - Class 2 - Franklin Advisers, Inc.(1)
|
| | |
1.09%
|
| | |
8.18%
|
| | |
1.96%
|
| | |
1.77%
|
| |
| |
Taxable Bond
|
| | |
Franklin U.S. Government Securities VIP Fund - Class 2 - Franklin Advisers, Inc.
|
| | |
0.77%
|
| | |
4.47%
|
| | |
0.22%
|
| | |
0.73%
|
| |
| |
International
Equity |
| | |
Goldman Sachs VIT International Equity Insights Fund - Service Class(1)(2)
|
| | |
1.07%
|
| | |
18.43%
|
| | |
7.55%
|
| | |
3.19%
|
| |
| |
U.S. Equity
|
| | |
Goldman Sachs VIT Mid Cap Growth Fund - Service Class(1)(2)
|
| | |
0.99%
|
| | |
18.45%
|
| | |
13.48%
|
| | |
9.33%
|
| |
| |
Asset
Allocation Type |
| | |
Portfolio Company - Investment Adviser; Sub-
Adviser(s), as applicable |
| | |
Current
Expenses |
| | |
Average Annual Total Returns
(as of 12/31/2023) |
| | ||||||||
|
1 Year
|
| | |
5 Year
|
| | |
10 Year
|
| | |||||||||||||
| |
U.S. Equity
|
| | |
Goldman Sachs VIT Small Cap Equity Insights Fund - Service Class(1)(2)
|
| | |
1.06%
|
| | |
18.95%
|
| | |
9.76%
|
| | |
7.53%
|
| |
| |
U.S. Equity
|
| | |
Goldman Sachs VIT Strategic Growth Fund - Service Class(1)(2)
|
| | |
1.00%
|
| | |
41.65%
|
| | |
17.05%
|
| | |
12.88%
|
| |
| |
Allocation
|
| | |
Goldman Sachs VIT Trend Driven Allocation Fund - Service Class(1)
|
| | |
0.97%
|
| | |
15.57%
|
| | |
4.81%
|
| | |
3.41%
|
| |
| |
Taxable Bond
|
| | |
Guggenheim Variable Funds Trust - Series F (Floating Rate Strategies Series)(1)
|
| | |
1.18%
|
| | |
11.12%
|
| | |
3.98%
|
| | |
3.40%
|
| |
| |
Alternative
|
| | |
Guggenheim Variable Trust - Global Managed Futures Strategy Fund(1)
|
| | |
2.05%
|
| | |
3.80%
|
| | |
5.28%
|
| | |
1.87%
|
| |
| |
Nontraditional Equity
|
| | |
Guggenheim Variable Trust - Long Short Equity Fund
|
| | |
1.92%
|
| | |
12.75%
|
| | |
5.76%
|
| | |
3.32%
|
| |
| |
Alternative
|
| | |
Guggenheim Variable Trust - Multi-Hedge Strategies Fund(1)
|
| | |
1.75%
|
| | |
4.37%
|
| | |
4.21%
|
| | |
2.52%
|
| |
| |
U.S. Equity
|
| | | Invesco® V.I. American Value Fund - Series II (2) | | | |
1.14%
|
| | |
15.29%
|
| | |
12.45%
|
| | |
6.98%
|
| |
| |
Allocation
|
| | |
Invesco® V.I. Balanced-Risk Allocation Fund - Series II(1)
|
| | |
1.13%
|
| | |
6.40%
|
| | |
4.66%
|
| | |
3.79%
|
| |
| |
U.S. Equity
|
| | |
Invesco® V.I. Capital Appreciation Fund - Series II(1)(2)
|
| | |
1.05%
|
| | |
35.03%
|
| | |
16.10%
|
| | |
11.28%
|
| |
| |
U.S. Equity
|
| | | Invesco® V.I. Comstock Fund - Series II (2) | | | |
1.00%
|
| | |
12.10%
|
| | |
13.20%
|
| | |
8.65%
|
| |
| |
U.S. Equity
|
| | |
Invesco® V.I. Discovery Mid Cap Growth Fund - Series II (2)
|
| | |
1.12%
|
| | |
12.85%
|
| | |
12.47%
|
| | |
9.52%
|
| |
| |
Allocation
|
| | | Invesco® V.I. Equity and Income Fund - Series II (2) | | | |
0.82%
|
| | |
10.24%
|
| | |
9.64%
|
| | |
6.78%
|
| |
| |
International
Equity |
| | |
Invesco® V.I. EQV International Equity Fund - Series II (2)
|
| | |
1.15%
|
| | |
17.86%
|
| | |
8.15%
|
| | |
4.07%
|
| |
| |
International
Equity |
| | | Invesco® V.I. Global Fund - Series II (2) | | | |
1.07%
|
| | |
34.45%
|
| | |
12.02%
|
| | |
8.21%
|
| |
| |
Sector Equity
|
| | |
Invesco® V.I. Global Real Estate Fund - Series II - Invesco Asset Management Limited (2)
|
| | |
1.27%
|
| | |
8.82%
|
| | |
1.85%
|
| | |
2.84%
|
| |
| |
Taxable Bond
|
| | | Invesco® V.I. Government Securities Fund - Series II | | | |
0.94%
|
| | |
4.46%
|
| | |
0.42%
|
| | |
0.90%
|
| |
| |
U.S. Equity
|
| | | Invesco® V.I. Growth and Income Fund - Series II (2) | | | |
1.00%
|
| | |
12.41%
|
| | |
11.49%
|
| | |
7.98%
|
| |
| |
U.S. Equity
|
| | |
Invesco® V.I. Main Street Fund® - Series II(1)(2)
|
| | |
1.05%
|
| | |
22.83%
|
| | |
13.28%
|
| | |
9.74%
|
| |
| |
U.S. Equity
|
| | |
Invesco® V.I. Main Street Small Cap Fund® - Series II (2)
|
| | |
1.13%
|
| | |
17.82%
|
| | |
12.79%
|
| | |
8.66%
|
| |
| |
U.S. Equity
|
| | | Invesco® V.I. Small Cap Equity Fund - Series II(2) | | | |
1.20%
|
| | |
16.26%
|
| | |
12.14%
|
| | |
6.28%
|
| |
| |
Money Market
|
| | |
Invesco® V.I. U.S. Government Money Portfolio - Series I
|
| | |
0.63%
|
| | |
4.53%
|
| | |
1.53%
|
| | |
0.94%
|
| |
| |
Taxable Bond
|
| | |
Lord Abbett Series Fund - Bond Debenture Portfolio - Class VC
|
| | |
0.90%
|
| | |
6.34%
|
| | |
3.20%
|
| | |
3.51%
|
| |
| |
U.S. Equity
|
| | |
Lord Abbett Series Fund - Dividend Growth Portfolio - Class VC(1)(2)
|
| | |
0.99%
|
| | |
15.94%
|
| | |
13.20%
|
| | |
10.20%
|
| |
| |
U.S. Equity
|
| | |
Lord Abbett Series Fund - Fundamental Equity Portfolio - Class VC(1)(2)
|
| | |
1.08%
|
| | |
14.33%
|
| | |
9.90%
|
| | |
7.06%
|
| |
| |
U.S. Equity
|
| | |
Lord Abbett Series Fund - Growth Opportunities Portfolio - Class VC(2)
|
| | |
1.16%
|
| | |
10.40%
|
| | |
8.85%
|
| | |
7.20%
|
| |
| |
Taxable Bond
|
| | |
Lord Abbett Series Fund - Short Duration Income Portfolio - Class VC
|
| | |
0.85%
|
| | |
4.97%
|
| | |
1.70%
|
| | |
—
|
| |
| |
Allocation
|
| | |
PIMCO VIT All Asset Portfolio - Advisor Class - Research Affiliates LLC(1)(2)
|
| | |
2.29%
|
| | |
8.02%
|
| | |
5.90%
|
| | |
3.93%
|
| |
| |
Allocation
|
| | |
PIMCO VIT Global Diversified Allocation Portfolio - Advisor Class(1)
|
| | |
1.31%
|
| | |
13.64%
|
| | |
5.40%
|
| | |
4.03%
|
| |
| |
Taxable Bond
|
| | | PIMCO VIT High Yield Portfolio - Advisor Class(2) | | | |
0.87%
|
| | |
12.11%
|
| | |
4.72%
|
| | |
4.04%
|
| |
| |
Taxable Bond
|
| | | PIMCO VIT Income Portfolio - Advisor Class(2) | | | |
1.13%
|
| | |
8.14%
|
| | |
3.22%
|
| | |
—
|
| |
| |
Taxable Bond
|
| | |
PIMCO VIT Long-Term U.S. Government Portfolio - Advisor Class
|
| | |
2.11%
|
| | |
3.88%
|
| | |
-1.40%
|
| | |
1.96%
|
| |
| |
Taxable Bond
|
| | | PIMCO VIT Low Duration Portfolio - Advisor Class | | | |
0.79%
|
| | |
4.87%
|
| | |
0.88%
|
| | |
0.82%
|
| |
| |
Taxable Bond
|
| | | PIMCO VIT Real Return Portfolio - Advisor Class | | | |
0.94%
|
| | |
3.57%
|
| | |
3.05%
|
| | |
2.15%
|
| |
| |
Asset
Allocation Type |
| | |
Portfolio Company - Investment Adviser; Sub-
Adviser(s), as applicable |
| | |
Current
Expenses |
| | |
Average Annual Total Returns
(as of 12/31/2023) |
| | ||||||||
|
1 Year
|
| | |
5 Year
|
| | |
10 Year
|
| | |||||||||||||
| |
Taxable Bond
|
| | | PIMCO VIT Short-Term Portfolio - Advisor Class | | | |
0.76%
|
| | |
5.80%
|
| | |
2.02%
|
| | |
1.76%
|
| |
| |
Taxable Bond
|
| | | PIMCO VIT Total Return Portfolio - Advisor Class | | | |
0.85%
|
| | |
5.83%
|
| | |
0.98%
|
| | |
1.60%
|
| |
| |
Allocation
|
| | |
Protective Life Dynamic Allocation Series - Conservative Portfolio(1)
|
| | |
0.90%
|
| | |
11.44%
|
| | |
2.81%
|
| | |
—
|
| |
| |
Allocation
|
| | |
Protective Life Dynamic Allocation Series - Growth Portfolio(1)
|
| | |
0.90%
|
| | |
18.34%
|
| | |
4.73%
|
| | |
—
|
| |
| |
Allocation
|
| | |
Protective Life Dynamic Allocation Series - Moderate Portfolio(1)
|
| | |
0.90%
|
| | |
13.52%
|
| | |
3.46%
|
| | |
—
|
| |
| |
U.S. Equity
|
| | |
T. Rowe Price® Blue Chip Growth Portfolio-II Class(1)(2)
|
| | |
1.00%
|
| | |
48.96%
|
| | |
13.22%
|
| | |
12.03%
|
| |
| |
Sector Equity
|
| | | T. Rowe Price® Health Sciences Portfolio-II Class(2) | | | |
1.11%
|
| | |
2.68%
|
| | |
10.96%
|
| | |
11.03%
|
| |
| |
International
Equity |
| | |
Templeton Developing Markets VIP Fund - Class 2 - Franklin Templeton Investment Management, Ltd(1)(2)
|
| | |
1.35%
|
| | |
12.62%
|
| | |
4.22%
|
| | |
2.32%
|
| |
| |
Taxable Bond
|
| | |
Templeton Global Bond VIP Fund - Class 2 - Franklin Advisers, Inc.(1)
|
| | |
0.75%
|
| | |
2.88%
|
| | |
-2.13%
|
| | |
-0.66%
|
| |
| |
Taxable Bond
|
| | |
Western Asset Core Plus VIT Portfolio - Class II - Western Asset Management Company Pte Ltd. – Singapore; Western Asset Management Company, LLC; Western Asset Management Company Ltd. – Japan; Western Asset Management Company Limited – UK
|
| | |
0.76%
|
| | |
6.44%
|
| | |
0.98%
|
| | |
—
|
| |