N-4
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Aug. 01, 2025 |
| Prospectus: |
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| Document Type |
N-4
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| Entity Registrant Name |
NML VARIABLE ANNUITY ACCOUNT A
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| Entity Central Index Key |
0000790162
|
| Entity Investment Company Type |
N-4
|
| Document Period End Date |
Aug. 01, 2025
|
| Amendment Flag |
false
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| Individual Flexible Payment Variable Annuity Fee Based |
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| Prospectus: |
|
| Item 17. Portfolio Companies (N-4) [Text Block] |
Sub-Adviser Change for Domestic Equity PortfolioEffective July 31, 2025, Putnam Investment Management, LLC replaced Delaware Investments Fund Advisers, a series of Macquarie Investment Management Business Trust, as the sub-adviser for Domestic Equity Portfolio. Please note that with respect to this change, some systems and forms may temporarily reference the previous sub-adviser for this Portfolio.Fee Waiver Change for Emerging Markets Equity PortfolioEffective August 1, 2025, the Current Expenses for the Emerging Markets Equity Portfolio as set forth in Appendix A has changed from 0.89% to 0.79%.Portfolio Name Change for Active/Passive All Equity PortfolioEffective on or about September 30, 2025, the name of the Active/Passive All Equity Portfolio will be changed to “Active/Passive Very Aggressive Portfolio”. The Cover Sheet and Appendix A of the Prospectuses are amended to replace “Active/Passive All Equity Portfolio” with “Active/Passive Very Aggressive Portfolio (“Active/Passive All Equity Portfolio” until 09/30/2025)”. Please note that with respect to this change, some systems and forms may temporarily reference the previous Portfolio name.Portfolio Name Change for Sustainable Equity PortfolioEffective July 28, 2025, the name of the Sustainable Equity Portfolio changed to “Quality Equity Portfolio”. The Cover Sheet and Appendix A of the Prospectuses are amended to replace “Sustainable Equity Portfolio” with “Quality Equity Portfolio (formerly “Sustainable Equity Portfolio”)”. Please note that with respect to this change, some systems and forms may temporarily reference the previous Portfolio name. In light of the above changes, in APPENDIX A—Portfolios Available under Your Contract, the following rows in the table are amended to contain the following information.
| |
|
Adviser/ Sub-adviser (if applicable) |
|
Average Annual Total Returns (as of 12/31/2024) |
| |
|
|
Long-term growth of capital and income |
Domestic Equity Portfolio2 |
MSA/ Putnam Investment Management, LLC |
|
|
|
|
| |
Emerging Markets Equity Portfolio2 |
MSA/abrdn Investments Limited |
|
|
|
|
Long-term growth of capital |
Active/Passive Very Aggressive Portfolio2 (“Active/Passive All Equity Portfolio” until 09/30/2025) |
|
|
|
|
|
Long-term growth of capital by investing primarily in securities of companies that meet the Portfolio’s environmental, social and governance criteria |
Quality Equity Portfolio12 (formerly “Sustainable Equity Portfolio”) |
Neuberger Berman Investment Advisers LLC |
|
|
|
|
|
| Portfolio Companies [Table Text Block] |
| |
|
Adviser/ Sub-adviser (if applicable) |
|
Average Annual Total Returns (as of 12/31/2024) |
| |
|
|
Long-term growth of capital and income |
Domestic Equity Portfolio2 |
MSA/ Putnam Investment Management, LLC |
|
|
|
|
| |
Emerging Markets Equity Portfolio2 |
MSA/abrdn Investments Limited |
|
|
|
|
Long-term growth of capital |
Active/Passive Very Aggressive Portfolio2 (“Active/Passive All Equity Portfolio” until 09/30/2025) |
|
|
|
|
|
Long-term growth of capital by investing primarily in securities of companies that meet the Portfolio’s environmental, social and governance criteria |
Quality Equity Portfolio12 (formerly “Sustainable Equity Portfolio”) |
Neuberger Berman Investment Advisers LLC |
|
|
|
|
|
| Portfolio Company Objective [Text Block] |
Investment Objective
|
| Portfolio Company Name [Text Block] |
Portfolio
|
| Individual Flexible Payment Variable Annuity Fee Based | DomesticEquityPortfolioMember |
|
| Prospectus: |
|
| Portfolio Company Objective [Text Block] |
Long-term growth of capital and income
|
| Portfolio Company Name [Text Block] |
Domestic Equity Portfolio2
|
| Portfolio Company Adviser [Text Block] |
MSA
|
| Portfolio Company Subadviser [Text Block] |
Putnam Investment Management, LLC
|
| Current Expenses [Percent] |
0.50%
|
| Average Annual Total Returns, 1 Year [Percent] |
7.07%
|
| Average Annual Total Returns, 5 Years [Percent] |
5.90%
|
| Average Annual Total Returns, 10 Years [Percent] |
7.40%
|
| Individual Flexible Payment Variable Annuity Fee Based | EmergingMarketsEquityPortfolioMember |
|
| Prospectus: |
|
| Portfolio Company Objective [Text Block] |
Capital appreciation
|
| Portfolio Company Name [Text Block] |
Emerging Markets Equity Portfolio2
|
| Portfolio Company Adviser [Text Block] |
MSA
|
| Portfolio Company Subadviser [Text Block] |
abrdn Investments Limited
|
| Current Expenses [Percent] |
0.79%
|
| Average Annual Total Returns, 1 Year [Percent] |
4.02%
|
| Average Annual Total Returns, 5 Years [Percent] |
0.12%
|
| Average Annual Total Returns, 10 Years [Percent] |
2.50%
|
| Individual Flexible Payment Variable Annuity Fee Based | ActivePassiveAllEquityPortfolioMember |
|
| Prospectus: |
|
| Portfolio Company Objective [Text Block] |
Long-term growth of capital
|
| Portfolio Company Name [Text Block] |
Active/Passive Very Aggressive Portfolio2(“Active/Passive All Equity Portfolio” until 09/30/2025)
|
| Portfolio Company Adviser [Text Block] |
MSA
|
| Current Expenses [Percent] |
0.66%
|
| Individual Flexible Payment Variable Annuity Fee Based | QualityEquityPortfolioMember |
|
| Prospectus: |
|
| Portfolio Company Objective [Text Block] |
Long-term growth of capital by investing primarily in securities of companies that meet the Portfolio’s environmental, social and governance criteria
|
| Portfolio Company Name [Text Block] |
Quality Equity Portfolio12(formerly “Sustainable Equity Portfolio”)
|
| Portfolio Company Adviser [Text Block] |
Neuberger Berman Investment Advisers LLC
|
| Current Expenses [Percent] |
0.89%
|
| Average Annual Total Returns, 1 Year [Percent] |
25.84%
|
| Average Annual Total Returns, 5 Years [Percent] |
13.97%
|
| Average Annual Total Returns, 10 Years [Percent] |
11.44%
|
| Flexible Payment Variable Annuity |
|
| Prospectus: |
|
| Item 17. Portfolio Companies (N-4) [Text Block] |
Sub-Adviser Change for Domestic Equity PortfolioEffective July 31, 2025, Putnam Investment Management, LLC replaced Delaware Investments Fund Advisers, a series of Macquarie Investment Management Business Trust, as the sub-adviser for Domestic Equity Portfolio. Please note that with respect to this change, some systems and forms may temporarily reference the previous sub-adviser for this Portfolio.Fee Waiver Change for Emerging Markets Equity PortfolioEffective August 1, 2025, the Current Expenses for the Emerging Markets Equity Portfolio as set forth in Appendix A has changed from 0.89% to 0.79%.Portfolio Name Change for Active/Passive All Equity PortfolioEffective on or about September 30, 2025, the name of the Active/Passive All Equity Portfolio will be changed to “Active/Passive Very Aggressive Portfolio”. The Cover Sheet and Appendix A of the Prospectuses are amended to replace “Active/Passive All Equity Portfolio” with “Active/Passive Very Aggressive Portfolio (“Active/Passive All Equity Portfolio” until 09/30/2025)”. Please note that with respect to this change, some systems and forms may temporarily reference the previous Portfolio name.Portfolio Name Change for Sustainable Equity PortfolioEffective July 28, 2025, the name of the Sustainable Equity Portfolio changed to “Quality Equity Portfolio”. The Cover Sheet and Appendix A of the Prospectuses are amended to replace “Sustainable Equity Portfolio” with “Quality Equity Portfolio (formerly “Sustainable Equity Portfolio”)”. Please note that with respect to this change, some systems and forms may temporarily reference the previous Portfolio name. In light of the above changes, in APPENDIX A—Portfolios Available under Your Contract, the following rows in the table are amended to contain the following information.
| |
|
Adviser/ Sub-adviser (if applicable) |
|
Average Annual Total Returns (as of 12/31/2024) |
| |
|
|
Long-term growth of capital and income |
Domestic Equity Portfolio2 |
MSA/ Putnam Investment Management, LLC |
|
|
|
|
| |
Emerging Markets Equity Portfolio2 |
MSA/abrdn Investments Limited |
|
|
|
|
Long-term growth of capital |
Active/Passive Very Aggressive Portfolio2 (“Active/Passive All Equity Portfolio” until 09/30/2025) |
|
|
|
|
|
Long-term growth of capital by investing primarily in securities of companies that meet the Portfolio’s environmental, social and governance criteria |
Quality Equity Portfolio12 (formerly “Sustainable Equity Portfolio”) |
Neuberger Berman Investment Advisers LLC |
|
|
|
|
|
| Portfolio Companies [Table Text Block] |
| |
|
Adviser/ Sub-adviser (if applicable) |
|
Average Annual Total Returns (as of 12/31/2024) |
| |
|
|
Long-term growth of capital and income |
Domestic Equity Portfolio2 |
MSA/ Putnam Investment Management, LLC |
|
|
|
|
| |
Emerging Markets Equity Portfolio2 |
MSA/abrdn Investments Limited |
|
|
|
|
Long-term growth of capital |
Active/Passive Very Aggressive Portfolio2 (“Active/Passive All Equity Portfolio” until 09/30/2025) |
|
|
|
|
|
Long-term growth of capital by investing primarily in securities of companies that meet the Portfolio’s environmental, social and governance criteria |
Quality Equity Portfolio12 (formerly “Sustainable Equity Portfolio”) |
Neuberger Berman Investment Advisers LLC |
|
|
|
|
|
| Flexible Payment Variable Annuity | DomesticEquityPortfolioMember |
|
| Prospectus: |
|
| Portfolio Company Adviser [Text Block] |
MSA
|
| Portfolio Company Subadviser [Text Block] |
Putnam Investment Management, LLC
|
| Current Expenses [Percent] |
0.50%
|
| Average Annual Total Returns, 1 Year [Percent] |
7.07%
|
| Average Annual Total Returns, 5 Years [Percent] |
5.90%
|
| Average Annual Total Returns, 10 Years [Percent] |
7.40%
|
| Flexible Payment Variable Annuity | EmergingMarketsEquityPortfolioMember |
|
| Prospectus: |
|
| Portfolio Company Adviser [Text Block] |
MSA
|
| Portfolio Company Subadviser [Text Block] |
abrdn Investments Limited
|
| Current Expenses [Percent] |
0.79%
|
| Average Annual Total Returns, 1 Year [Percent] |
4.02%
|
| Average Annual Total Returns, 5 Years [Percent] |
0.12%
|
| Average Annual Total Returns, 10 Years [Percent] |
2.50%
|
| Flexible Payment Variable Annuity | ActivePassiveAllEquityPortfolioMember |
|
| Prospectus: |
|
| Portfolio Company Adviser [Text Block] |
MSA
|
| Current Expenses [Percent] |
0.66%
|
| Flexible Payment Variable Annuity | QualityEquityPortfolioMember |
|
| Prospectus: |
|
| Portfolio Company Adviser [Text Block] |
Neuberger Berman Investment Advisers LLC
|
| Current Expenses [Percent] |
0.89%
|
| Average Annual Total Returns, 1 Year [Percent] |
25.84%
|
| Average Annual Total Returns, 5 Years [Percent] |
13.97%
|
| Average Annual Total Returns, 10 Years [Percent] |
11.44%
|