SUPPLEMENT DATED NOVEMBER 5, 2025 TO THE CURRENT
SUMMARY PROSPECTUS, STATUTORY PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION FOR:
Invesco V.I. Comstock Fund
(the "Fund")
This supplement amends the Summary Prospectus, Statutory Prospectus and Statement of Additional Information ("SAI") of the above referenced Fund and is in addition to any other supplement(s). You should read this supplement in conjunction with the Summary Prospectus, Statutory Prospectus and SAI and retain it for future reference.
Effective November 5, 2025:
1. The following information replaces in its entirety the table appearing under the heading "Management of the Fund" in the prospectuses:
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Portfolio Managers
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Title
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Length of Service on the Fund
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Kevin Holt, CFA
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Portfolio Manager (Co-lead)
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2010 (predecessor fund 1999)*
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Devin Armstrong, CFA
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Portfolio Manager (Co-lead)
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2010 (predecessor fund 2007)*
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|
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Umang Khetan, CFA
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Portfolio Manager
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2025
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James Warwick
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Portfolio Manager
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2010 (predecessor fund 2007)*
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*Predecessor fund refers to the Van Kampen LIT Comstock Portfolio, which was reorganized into the Fund after the close of business on June 1, 2010.
2. The following information replaces in its entirety the bulleted list appearing under the heading "Fund Management - Portfolio Managers" in the Statutory Prospectus:
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Kevin Holt, CFA, Portfolio Manager (Co-lead), who has been responsible for the Fund since 2010 and has been associated with Invesco and/or its affiliates since 2010. Mr. Holt served as Portfolio Manager of the predecessor fund since 1999.
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Devin Armstrong, CFA, Portfolio Manager (Co-lead), who has been responsible for the Fund since 2010 and has been associated with Invesco and/or its affiliates since 2010. Mr. Armstrong served as Portfolio Manager of the predecessor fund since 2007.
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Umang Khetan, CFA, Portfolio Manager, who has been responsible for the Fund since 2025 and has been associated with Invesco and/or its affiliates since 2012.
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James Warwick, Portfolio Manager, who has been responsible for the Fund since 2010 and has been associated with Invesco and/or its affiliates since 2010. Mr. Warwick served as Portfolio Manager of the predecessor fund since 2007.
3. The following information is added after the table under "PORTFOLIO MANAGER(S) - PORTFOLIO MANAGER FUND HOLDINGS AND INFORMATION ON OTHER MANAGED ACCOUNTS - INVESTMENTS" in Appendix H of the Fund's SAI:
Umang Khetan began serving on Invesco V.I. Comstock Fund as a portfolio manager of the Fund effective November 5, 2025. As of August 31, 2025, Mr. Khetan did not beneficially own any shares of the Fund.1
1 The portfolio manager manages and has made investments in an Invesco Fund with the same or similar objectives and strategies as the Fund (a Patterned Fund) as of the most recent fiscal year end of the Patterned Fund.
4. The following information is added after the table under "PORTFOLIO MANAGER(S) - PORTFOLIO MANAGER FUND HOLDINGS AND INFORMATION ON OTHER MANAGED ACCOUNTS - ASSETS MANAGED" in Appendix H of the Fund's SAI:
Umang Khetan began serving on Invesco V.I. Comstock Fund as a portfolio manager of the Fund effective November 5, 2025. As of August 31, 2025, Mr. Khetan managed 1 other registered investment company with approximately $433.5 million in assets, no other pooled investment vehicles and no other accounts.