Lincoln Variable Insurance Products Trust
07/22/2026 | Press release | Distributed by Public on 07/22/2026 14:05
Prospectus by Investment Company (Form 497)
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LINCOLN VARIABLE INSURANCE PRODUCTS TRUST LVIP ClearBridge Franklin Select Large Cap Managed Volatility Fund Supplement Dated July 22, 2026 to the Summary Prospectus, Statutory Prospectus, and Statement of Additional Information dated May 1, 2026 Unless otherwise defined in this supplement, capitalized terms used in this supplement have the meanings assigned to them in the Summary, Statutory Prospectus and Statement of Additional Information |
At a meeting held on June 2-3, 2026, the Board of Trustees of LVIP ClearBridge Franklin Select Large Cap Managed Volatility Fund (the "Fund") approved a proposal to change the Fund's diversification status from diversified to non-diversified. The change is subject to shareholder approval at a special meeting expected to be held in the third quarter of 2026. Proxy materials describing the proposed diversification policy change and the rationale for the proposal are expected to be sent to shareholders of the Fund in August 2026.
If the proposed change to the Fund's diversification policy is approved by shareholders, it is expected to become effective as soon as practicable thereafter, at which time the Fund's prospectus and statement of additional information will be updated to reflect the Fund's non-diversified status and the risks related to operating as a non-diversified fund.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT WITH THE SUMMARY PROSPECTUS,
STATUTORY PROSPECTUS, AND STATEMENT OF ADDITIONAL INFORMATION FOR FUTURE REFERENCE
Lincoln Variable Insurance Products Trust published this content on July 22, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on July 22, 2026 at 20:06 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]