0001140019-26-000061.txt : 20260423 0001140019-26-000061.hdr.sgml : 20260423 20260423164425 ACCESSION NUMBER: 0001140019-26-000061 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 12 FILED AS OF DATE: 20260423 DATE AS OF CHANGE: 20260423 EFFECTIVENESS DATE: 20260423 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TALCOTT RESOLUTION LIFE INSURANCE CO SEPARATE ACCOUNT 11 CENTRAL INDEX KEY: 0001140019 ORGANIZATION NAME: EIN: 060974148 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-151805 FILM NUMBER: 26889317 BUSINESS ADDRESS: STREET 1: PO BOX 2999 CITY: HARTFORD STATE: CT ZIP: 06104-2999 BUSINESS PHONE: (860) 791-0286 MAIL ADDRESS: STREET 1: 1 GRIFFIN ROAD NORTH CITY: WINDSOR STATE: CT ZIP: 06095 FORMER COMPANY: FORMER CONFORMED NAME: HARTFORD LIFE INSURANCE CO SEPARATE ACCOUNT 11 DATE OF NAME CHANGE: 20011017 FORMER COMPANY: FORMER CONFORMED NAME: HARTFORD LIFE INSURANCE CO SEPARATE ACCOUNT 403 DATE OF NAME CHANGE: 20010504 0001140019 S000002559 TALCOTT RESOLUTION LIFE INSURANCE CO SEPARATE ACCOUNT 11 C000068094 Premier Innovations C000078453 Hartford 403(b) Cornerstone Innovations C000078454 Premier Innovations (Series II) 497 1 ck0001140019-20260423.htm 497 ck0001140019-20260423
N-4TALCOTT RESOLUTION LIFE INSURANCE CO SEPARATE ACCOUNT 110001140019N-4falsexbrli:pure00011400192025-05-012025-05-010001140019ck0001140019:C000068094Member2025-05-012025-05-010001140019ck0001140019:C000042670Memberck0001140019:C000068094Member2025-05-012025-05-010001140019ck0001140019:C000042669Memberck0001140019:C000068094Member2025-05-012025-05-010001140019ck0001140019:C000042674Memberck0001140019:C000068094Member2025-05-012025-05-010001140019ck0001140019:C000042673Memberck0001140019:C000068094Member2025-05-012025-05-010001140019ck0001140019:C000078453Member2025-05-012025-05-010001140019ck0001140019:C000042669Memberck0001140019:C000078453Member2025-05-012025-05-010001140019ck0001140019:C000078454Member2025-05-012025-05-010001140019ck0001140019:C000042669Memberck0001140019:C000078454Member2025-05-012025-05-010001140019ck0001140019:C000042673Memberck0001140019:C000078454Member2025-05-012025-05-01

Rule 497(e)
File Nos. 333-151805; 811-10559


TALCOTT RESOLUTION LIFE INSURANCE COMPANY
SEPARATE ACCOUNT ELEVEN

HV-6776 – Premier Innovations
HV-6777 – Hartford 403(b) Cornerstone Innovations
HV-6778 – Premier Innovations (Series II)

Supplement dated April 23, 2026 to Prospectuses dated May 1, 2025


Effective March 23, 2026:

The name of Thornburg Small/Mid Cap Core Fund changed to Thornburg American Opportunities Fund.
The name of Thornburg Small/Mid Cap Growth Fund changed to Thornburg Focus Growth Fund.

Accordingly, this supplement amends information in above-referenced product Prospectuses, as applicable.

In HV-6776, prior information for Thornburg Small/Mid Cap Core Fund - Class R3 and Class R4 and Thornburg Small/Mid Cap Growth Fund - Class R3 and Class R4 in theAppendix A Underlying Funds” section of the Prospectus is updated as follows (all other information in the “Appendix A Underlying Funds” section of the Prospectus remains unchanged):


UNDERLYING FUND TYPE

UNDERLYING FUND AND ADVISER/SUBADVISER

CURRENT EXPENSES
AVERAGE ANNUAL TOTAL RETURNS
(as of December 31, 2024)

1 YEAR
5 YEARS
(or since inception)
10 YEARS
(or since inception)
US Fund Mid-Cap Blend
Thornburg American Opportunities Fund - Class R3* (Effective 3/23/2026, Thornburg Small/Mid Cap Core Fund was renamed Thornburg American Opportunities Fund) (Closed to Contracts issued on or about 5/1/2010) (This subaccount was closed to new investors effective 2/1/2026)
1.31%19.48%6.71%8.16%
Adviser: Thornburg Investment Management Inc.
Subadviser: N/A
US Fund Mid-Cap Blend
Thornburg American Opportunities Fund - Class R4* (Effective 3/23/2026, Thornburg Small/Mid Cap Core Fund was renamed Thornburg American Opportunities Fund) (This subaccount was closed to new investors effective 2/1/2026)
1.21%19.61%6.82%8.27%
Adviser: Thornburg Investment Management Inc.
Subadviser: N/A
2025-PROSUPP-60



UNDERLYING FUND TYPE

UNDERLYING FUND AND ADVISER/SUBADVISER

CURRENT EXPENSES
AVERAGE ANNUAL TOTAL RETURNS
(as of December 31, 2024)

1 YEAR
5 YEARS
(or since inception)
10 YEARS
(or since inception)
US Fund Mid-Cap Growth
Thornburg Focus Growth Fund - Class R3* (Effective 3/23/2026, Thornburg Small/Mid Cap Growth Fund was renamed Thornburg Focus Growth Fund) (This subaccount was closed to new investors effective 2/1/2026)
1.46%19.61%4.90%7.03%
Adviser: Thornburg Investment Management Inc.
Subadviser: N/A
US Fund Mid-Cap Growth
Thornburg Focus Growth Fund - Class R4* (Effective 3/23/2026, Thornburg Small/Mid Cap Growth Fund was renamed Thornburg Focus Growth Fund) (This subaccount was closed to new investors effective 2/1/2026)
1.36%19.70%5.00%7.13%
Adviser: Thornburg Investment Management Inc.
Subadviser: N/A
* Denotes Underlying Funds and their investment advisers that have entered into temporary expense reimbursements and /or fee waivers. See the prospectus for the Underlying Fund for further information.



In HV-6777, prior information for Thornburg Small/Mid Cap Core Fund - Class R4 in theAppendix A Underlying Funds” section of the Prospectus is updated as follows (all other information in the “Appendix A Underlying Funds” section of the Prospectus remains unchanged):


UNDERLYING FUND TYPE

UNDERLYING FUND AND ADVISER/SUBADVISER

CURRENT EXPENSES
AVERAGE ANNUAL TOTAL RETURNS
(as of December 31, 2024)

1 YEAR
5 YEARS
(or since inception)
10 YEARS
(or since inception)
US Fund Mid-Cap Blend
Thornburg American Opportunities Fund - Class R4* (Effective 3/23/2026, Thornburg Small/Mid Cap Core Fund was renamed Thornburg American Opportunities Fund) (Closed to Contracts issued on or about 8/1/2013) (This subaccount was closed to new investors effective 2/1/2026)
1.21%19.61%6.82%8.27%
Adviser: Thornburg Investment Management Inc.
Subadviser: N/A
* Denotes Underlying Funds and their investment advisers that have entered into temporary expense reimbursements and /or fee waivers. See the prospectus for the Underlying Fund for further information.


2025-PROSUPP-60



In HV-6778, prior information for Thornburg Small/Mid Cap Core Fund - Class R4 and Thornburg Small/Mid Cap Growth Fund - Class R4 in theAppendix A Underlying Funds” section of the Prospectus is updated as follows (all other information in the “Appendix A Underlying Funds” section of the Prospectus remains unchanged):


UNDERLYING FUND TYPE

UNDERLYING FUND AND ADVISER/SUBADVISER

CURRENT EXPENSES
AVERAGE ANNUAL TOTAL RETURNS
(as of December 31, 2024)

1 YEAR
5 YEARS
(or since inception)
10 YEARS
(or since inception)
US Fund Mid-Cap Blend
Thornburg American Opportunities Fund - Class R4* (Effective 3/23/2026, Thornburg Small/Mid Cap Core Fund was renamed Thornburg American Opportunities Fund) (Closed to Contracts issued on or about 8/1/2013) (This subaccount was closed to new investors effective 2/1/2026)
1.21%19.61%6.82%8.27%
Adviser: Thornburg Investment Management Inc.
Subadviser: N/A
US Fund Mid-Cap Growth
Thornburg Focus Growth Fund - Class R4* (Effective 3/23/2026, Thornburg Small/Mid Cap Growth Fund was renamed Thornburg Focus Growth Fund) (Closed to Contracts issued on or about 8/1/2011) (This subaccount was closed to new investors effective 2/1/2026)
1.36%19.70%5.00%7.13%
Adviser: Thornburg Investment Management Inc.
Subadviser: N/A
* Denotes Underlying Funds and their investment advisers that have entered into temporary expense reimbursements and /or fee waivers. See the prospectus for the Underlying Fund for further information.











Please read this Supplement carefully and retain it for future reference.


2025-PROSUPP-60
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N-4
May 01, 2025
Prospectus:  
Document Type N-4
Entity Registrant Name TALCOTT RESOLUTION LIFE INSURANCE CO SEPARATE ACCOUNT 11
Entity Central Index Key 0001140019
Entity Investment Company Type N-4
Document Period End Date Apr. 23, 2026
Amendment Flag false
C000068094 [Member]  
Item 17. Investment Options [Line Items]  
Investment Options (N-4) [Text Block]

UNDERLYING FUND TYPE

UNDERLYING FUND AND ADVISER/SUBADVISER

CURRENT EXPENSES
AVERAGE ANNUAL TOTAL RETURNS
(as of December 31, 2024)

1 YEAR
5 YEARS
(or since inception)
10 YEARS
(or since inception)
US Fund Mid-Cap Blend
Thornburg American Opportunities Fund - Class R3* (Effective 3/23/2026, Thornburg Small/Mid Cap Core Fund was renamed Thornburg American Opportunities Fund) (Closed to Contracts issued on or about 5/1/2010) (This subaccount was closed to new investors effective 2/1/2026)
1.31%19.48%6.71%8.16%
Adviser: Thornburg Investment Management Inc.
Subadviser: N/A
US Fund Mid-Cap Blend
Thornburg American Opportunities Fund - Class R4* (Effective 3/23/2026, Thornburg Small/Mid Cap Core Fund was renamed Thornburg American Opportunities Fund) (This subaccount was closed to new investors effective 2/1/2026)
1.21%19.61%6.82%8.27%
Adviser: Thornburg Investment Management Inc.
Subadviser: N/A

UNDERLYING FUND TYPE

UNDERLYING FUND AND ADVISER/SUBADVISER

CURRENT EXPENSES
AVERAGE ANNUAL TOTAL RETURNS
(as of December 31, 2024)

1 YEAR
5 YEARS
(or since inception)
10 YEARS
(or since inception)
US Fund Mid-Cap Growth
Thornburg Focus Growth Fund - Class R3* (Effective 3/23/2026, Thornburg Small/Mid Cap Growth Fund was renamed Thornburg Focus Growth Fund) (This subaccount was closed to new investors effective 2/1/2026)
1.46%19.61%4.90%7.03%
Adviser: Thornburg Investment Management Inc.
Subadviser: N/A
US Fund Mid-Cap Growth
Thornburg Focus Growth Fund - Class R4* (Effective 3/23/2026, Thornburg Small/Mid Cap Growth Fund was renamed Thornburg Focus Growth Fund) (This subaccount was closed to new investors effective 2/1/2026)
1.36%19.70%5.00%7.13%
Adviser: Thornburg Investment Management Inc.
Subadviser: N/A
* Denotes Underlying Funds and their investment advisers that have entered into temporary expense reimbursements and /or fee waivers. See the prospectus for the Underlying Fund for further information.
Variable Option [Line Items]  
Portfolio Companies [Table Text Block]

UNDERLYING FUND TYPE

UNDERLYING FUND AND ADVISER/SUBADVISER

CURRENT EXPENSES
AVERAGE ANNUAL TOTAL RETURNS
(as of December 31, 2024)

1 YEAR
5 YEARS
(or since inception)
10 YEARS
(or since inception)
US Fund Mid-Cap Blend
Thornburg American Opportunities Fund - Class R3* (Effective 3/23/2026, Thornburg Small/Mid Cap Core Fund was renamed Thornburg American Opportunities Fund) (Closed to Contracts issued on or about 5/1/2010) (This subaccount was closed to new investors effective 2/1/2026)
1.31%19.48%6.71%8.16%
Adviser: Thornburg Investment Management Inc.
Subadviser: N/A
US Fund Mid-Cap Blend
Thornburg American Opportunities Fund - Class R4* (Effective 3/23/2026, Thornburg Small/Mid Cap Core Fund was renamed Thornburg American Opportunities Fund) (This subaccount was closed to new investors effective 2/1/2026)
1.21%19.61%6.82%8.27%
Adviser: Thornburg Investment Management Inc.
Subadviser: N/A

UNDERLYING FUND TYPE

UNDERLYING FUND AND ADVISER/SUBADVISER

CURRENT EXPENSES
AVERAGE ANNUAL TOTAL RETURNS
(as of December 31, 2024)

1 YEAR
5 YEARS
(or since inception)
10 YEARS
(or since inception)
US Fund Mid-Cap Growth
Thornburg Focus Growth Fund - Class R3* (Effective 3/23/2026, Thornburg Small/Mid Cap Growth Fund was renamed Thornburg Focus Growth Fund) (This subaccount was closed to new investors effective 2/1/2026)
1.46%19.61%4.90%7.03%
Adviser: Thornburg Investment Management Inc.
Subadviser: N/A
US Fund Mid-Cap Growth
Thornburg Focus Growth Fund - Class R4* (Effective 3/23/2026, Thornburg Small/Mid Cap Growth Fund was renamed Thornburg Focus Growth Fund) (This subaccount was closed to new investors effective 2/1/2026)
1.36%19.70%5.00%7.13%
Adviser: Thornburg Investment Management Inc.
Subadviser: N/A
* Denotes Underlying Funds and their investment advisers that have entered into temporary expense reimbursements and /or fee waivers. See the prospectus for the Underlying Fund for further information.
Temporary Fee Reductions, Current Expenses [Text Block]
* Denotes Underlying Funds and their investment advisers that have entered into temporary expense reimbursements and /or fee waivers. See the prospectus for the Underlying Fund for further information.
C000068094 [Member] | C000042670 [Member]  
Variable Option [Line Items]  
Portfolio Company Objective [Text Block]
US Fund Mid-Cap Blend
Portfolio Company Name [Text Block]
Thornburg American Opportunities Fund - Class R3* (Effective 3/23/2026, Thornburg Small/Mid Cap Core Fund was renamed Thornburg American Opportunities Fund) (Closed to Contracts issued on or about 5/1/2010) (This subaccount was closed to new investors effective 2/1/2026)
Portfolio Company Adviser [Text Block]
Adviser: Thornburg Investment Management Inc.
Current Expenses [Percent] 1.31%
Average Annual Total Returns, 1 Year [Percent] 19.48%
Average Annual Total Returns, 5 Years [Percent] 6.71%
Average Annual Total Returns, 10 Years [Percent] 8.16%
C000068094 [Member] | C000042669 [Member]  
Variable Option [Line Items]  
Portfolio Company Objective [Text Block]
US Fund Mid-Cap Blend
Portfolio Company Name [Text Block]
Thornburg American Opportunities Fund - Class R4* (Effective 3/23/2026, Thornburg Small/Mid Cap Core Fund was renamed Thornburg American Opportunities Fund) (This subaccount was closed to new investors effective 2/1/2026)
Portfolio Company Adviser [Text Block]
Adviser: Thornburg Investment Management Inc.
Current Expenses [Percent] 1.21%
Average Annual Total Returns, 1 Year [Percent] 19.61%
Average Annual Total Returns, 5 Years [Percent] 6.82%
Average Annual Total Returns, 10 Years [Percent] 8.27%
C000068094 [Member] | C000042674 [Member]  
Variable Option [Line Items]  
Portfolio Company Objective [Text Block] US Fund Mid-Cap Growth
Portfolio Company Name [Text Block]
Thornburg Focus Growth Fund - Class R3* (Effective 3/23/2026, Thornburg Small/Mid Cap Growth Fund was renamed Thornburg Focus Growth Fund) (This subaccount was closed to new investors effective 2/1/2026)
Portfolio Company Adviser [Text Block]
Adviser: Thornburg Investment Management Inc.
Current Expenses [Percent] 1.46%
Average Annual Total Returns, 1 Year [Percent] 19.61%
Average Annual Total Returns, 5 Years [Percent] 4.90%
Average Annual Total Returns, 10 Years [Percent] 7.03%
C000068094 [Member] | C000042673 [Member]  
Variable Option [Line Items]  
Portfolio Company Objective [Text Block] US Fund Mid-Cap Growth
Portfolio Company Name [Text Block]
Thornburg Focus Growth Fund - Class R4* (Effective 3/23/2026, Thornburg Small/Mid Cap Growth Fund was renamed Thornburg Focus Growth Fund) (This subaccount was closed to new investors effective 2/1/2026)
Portfolio Company Adviser [Text Block]
Adviser: Thornburg Investment Management Inc.
Current Expenses [Percent] 1.36%
Average Annual Total Returns, 1 Year [Percent] 19.70%
Average Annual Total Returns, 5 Years [Percent] 5.00%
Average Annual Total Returns, 10 Years [Percent] 7.13%
C000078453 [Member]  
Item 17. Investment Options [Line Items]  
Investment Options (N-4) [Text Block]

UNDERLYING FUND TYPE

UNDERLYING FUND AND ADVISER/SUBADVISER

CURRENT EXPENSES
AVERAGE ANNUAL TOTAL RETURNS
(as of December 31, 2024)

1 YEAR
5 YEARS
(or since inception)
10 YEARS
(or since inception)
US Fund Mid-Cap Blend
Thornburg American Opportunities Fund - Class R4* (Effective 3/23/2026, Thornburg Small/Mid Cap Core Fund was renamed Thornburg American Opportunities Fund) (Closed to Contracts issued on or about 8/1/2013) (This subaccount was closed to new investors effective 2/1/2026)
1.21%19.61%6.82%8.27%
Adviser: Thornburg Investment Management Inc.
Subadviser: N/A
* Denotes Underlying Funds and their investment advisers that have entered into temporary expense reimbursements and /or fee waivers. See the prospectus for the Underlying Fund for further information
Variable Option [Line Items]  
Portfolio Companies [Table Text Block]

UNDERLYING FUND TYPE

UNDERLYING FUND AND ADVISER/SUBADVISER

CURRENT EXPENSES
AVERAGE ANNUAL TOTAL RETURNS
(as of December 31, 2024)

1 YEAR
5 YEARS
(or since inception)
10 YEARS
(or since inception)
US Fund Mid-Cap Blend
Thornburg American Opportunities Fund - Class R4* (Effective 3/23/2026, Thornburg Small/Mid Cap Core Fund was renamed Thornburg American Opportunities Fund) (Closed to Contracts issued on or about 8/1/2013) (This subaccount was closed to new investors effective 2/1/2026)
1.21%19.61%6.82%8.27%
Adviser: Thornburg Investment Management Inc.
Subadviser: N/A
* Denotes Underlying Funds and their investment advisers that have entered into temporary expense reimbursements and /or fee waivers. See the prospectus for the Underlying Fund for further information
Temporary Fee Reductions, Current Expenses [Text Block]
* Denotes Underlying Funds and their investment advisers that have entered into temporary expense reimbursements and /or fee waivers. See the prospectus for the Underlying Fund for further information.
C000078453 [Member] | C000042669 [Member]  
Variable Option [Line Items]  
Portfolio Company Objective [Text Block]
US Fund Mid-Cap Blend
Portfolio Company Name [Text Block]
Thornburg American Opportunities Fund - Class R4* (Effective 3/23/2026, Thornburg Small/Mid Cap Core Fund was renamed Thornburg American Opportunities Fund) (Closed to Contracts issued on or about 8/1/2013) (This subaccount was closed to new investors effective 2/1/2026)
Portfolio Company Adviser [Text Block]
Adviser: Thornburg Investment Management Inc.
Current Expenses [Percent] 1.21%
Average Annual Total Returns, 1 Year [Percent] 19.61%
Average Annual Total Returns, 5 Years [Percent] 6.82%
Average Annual Total Returns, 10 Years [Percent] 8.27%
C000078454 [Member]  
Item 17. Investment Options [Line Items]  
Investment Options (N-4) [Text Block]

UNDERLYING FUND TYPE

UNDERLYING FUND AND ADVISER/SUBADVISER

CURRENT EXPENSES
AVERAGE ANNUAL TOTAL RETURNS
(as of December 31, 2024)

1 YEAR
5 YEARS
(or since inception)
10 YEARS
(or since inception)
US Fund Mid-Cap Blend
Thornburg American Opportunities Fund - Class R4* (Effective 3/23/2026, Thornburg Small/Mid Cap Core Fund was renamed Thornburg American Opportunities Fund) (Closed to Contracts issued on or about 8/1/2013) (This subaccount was closed to new investors effective 2/1/2026)
1.21%19.61%6.82%8.27%
Adviser: Thornburg Investment Management Inc.
Subadviser: N/A
US Fund Mid-Cap Growth
Thornburg Focus Growth Fund - Class R4* (Effective 3/23/2026, Thornburg Small/Mid Cap Growth Fund was renamed Thornburg Focus Growth Fund) (Closed to Contracts issued on or about 8/1/2011) (This subaccount was closed to new investors effective 2/1/2026)
1.36%19.70%5.00%7.13%
Adviser: Thornburg Investment Management Inc.
Subadviser: N/A
* Denotes Underlying Funds and their investment advisers that have entered into temporary expense reimbursements and /or fee waivers. See the prospectus for the Underlying Fund for further information.
Variable Option [Line Items]  
Portfolio Companies [Table Text Block]

UNDERLYING FUND TYPE

UNDERLYING FUND AND ADVISER/SUBADVISER

CURRENT EXPENSES
AVERAGE ANNUAL TOTAL RETURNS
(as of December 31, 2024)

1 YEAR
5 YEARS
(or since inception)
10 YEARS
(or since inception)
US Fund Mid-Cap Blend
Thornburg American Opportunities Fund - Class R4* (Effective 3/23/2026, Thornburg Small/Mid Cap Core Fund was renamed Thornburg American Opportunities Fund) (Closed to Contracts issued on or about 8/1/2013) (This subaccount was closed to new investors effective 2/1/2026)
1.21%19.61%6.82%8.27%
Adviser: Thornburg Investment Management Inc.
Subadviser: N/A
US Fund Mid-Cap Growth
Thornburg Focus Growth Fund - Class R4* (Effective 3/23/2026, Thornburg Small/Mid Cap Growth Fund was renamed Thornburg Focus Growth Fund) (Closed to Contracts issued on or about 8/1/2011) (This subaccount was closed to new investors effective 2/1/2026)
1.36%19.70%5.00%7.13%
Adviser: Thornburg Investment Management Inc.
Subadviser: N/A
* Denotes Underlying Funds and their investment advisers that have entered into temporary expense reimbursements and /or fee waivers. See the prospectus for the Underlying Fund for further information.
Temporary Fee Reductions, Current Expenses [Text Block]
* Denotes Underlying Funds and their investment advisers that have entered into temporary expense reimbursements and /or fee waivers. See the prospectus for the Underlying Fund for further information.
C000078454 [Member] | C000042669 [Member]  
Variable Option [Line Items]  
Portfolio Company Objective [Text Block]
US Fund Mid-Cap Blend
Portfolio Company Name [Text Block]
Thornburg American Opportunities Fund - Class R4* (Effective 3/23/2026, Thornburg Small/Mid Cap Core Fund was renamed Thornburg American Opportunities Fund) (Closed to Contracts issued on or about 8/1/2013) (This subaccount was closed to new investors effective 2/1/2026)
Portfolio Company Adviser [Text Block]
Adviser: Thornburg Investment Management Inc.
Current Expenses [Percent] 1.21%
Average Annual Total Returns, 1 Year [Percent] 19.61%
Average Annual Total Returns, 5 Years [Percent] 6.82%
Average Annual Total Returns, 10 Years [Percent] 8.27%
C000078454 [Member] | C000042673 [Member]  
Variable Option [Line Items]  
Portfolio Company Objective [Text Block] US Fund Mid-Cap Growth
Portfolio Company Name [Text Block]
Thornburg Focus Growth Fund - Class R4* (Effective 3/23/2026, Thornburg Small/Mid Cap Growth Fund was renamed Thornburg Focus Growth Fund) (Closed to Contracts issued on or about 8/1/2011) (This subaccount was closed to new investors effective 2/1/2026)
Portfolio Company Adviser [Text Block]
Adviser: Thornburg Investment Management Inc.
Current Expenses [Percent] 1.36%
Average Annual Total Returns, 1 Year [Percent] 19.70%
Average Annual Total Returns, 5 Years [Percent] 5.00%
Average Annual Total Returns, 10 Years [Percent] 7.13%
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style="width:17.913%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:34.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.946%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.769%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.365%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.513%"></td><td style="width:0.1%"></td></tr><tr style="height:41pt"><td colspan="3" rowspan="2" style="background-color:#dedfe0;border-bottom:1pt solid #000;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:12.97pt;padding-right:12.97pt;text-align:center;text-indent:-0.45pt"><span><br/></span></div><div style="padding-left:12.97pt;padding-right:12.97pt;text-align:center;text-indent:-0.45pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">UNDERLYING FUND TYPE</span></div></td><td colspan="3" rowspan="2" style="background-color:#dedfe0;border-bottom:1pt solid #000;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:14.56pt;padding-right:14.56pt;text-align:center;text-indent:-4.7pt"><span><br/></span></div><div style="padding-left:14.56pt;padding-right:14.56pt;text-align:center;text-indent:-4.7pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">UNDERLYING</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.055em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">FUND</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.115em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">AND ADVISER/SUBADVISER</span></div></td><td colspan="3" rowspan="2" style="background-color:#dedfe0;border-bottom:1pt solid #000;border-left:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:7.6pt;padding-right:-1.31pt;text-align:center"><span><br/></span></div><div style="padding-left:0.78pt;padding-right:0.78pt;text-align:center;text-indent:1.1pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">CURRENT EXPENSES</span></div></td><td colspan="9" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:1.02pt;padding-right:1.02pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">AVERAGE</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.115em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">ANNUAL </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">TOTAL</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.05em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">RETURNS</span></div><div style="padding-left:1.02pt;padding-right:1.02pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">(as</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.05em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">of</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.05em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">December 31, 2024)</span></div></td></tr><tr style="height:37pt"><td colspan="3" style="background-color:#dedfe0;border-bottom:1pt solid #000;border-left:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.85pt;padding-right:-2.63pt"><span><br/></span></div><div style="padding-right:-2.43pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">1</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.135em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">YEAR</span></div></td><td colspan="3" style="background-color:#dedfe0;border-bottom:1pt solid #000;border-left:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-right:-1.31pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">5</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.135em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">YEARS</span></div><div style="padding-right:-1.31pt;text-align:center;text-indent:3.3pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">(or</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.015em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">since </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">inception)</span></div></td><td colspan="3" style="background-color:#dedfe0;border-bottom:1pt solid #000;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-right:-1.31pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">10</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.12em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">YEARS</span></div><div style="padding-right:-1.31pt;text-align:center;text-indent:3.3pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">(or</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.015em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">since </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">inception)</span></div></td></tr><tr style="height:80pt"><td colspan="3" rowspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.57pt;padding-right:24.22pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">US Fund Mid-Cap Blend</span></div></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.05pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">Thornburg American Opportunities Fund - Class R3* </span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">(Effective 3/23/2026, Thornburg Small/Mid Cap Core Fund was renamed Thornburg American Opportunities Fund) (Closed to Contracts issued on or about 5/1/2010) (This subaccount was closed to new investors effective 2/1/2026)</span></div></td><td colspan="3" rowspan="3" style="border-right:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">1.31%</span></td><td colspan="3" rowspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">19.48%</span></td><td colspan="3" rowspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">6.71%</span></td><td colspan="3" rowspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">8.16%</span></td></tr><tr style="height:26pt"><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Adviser: Thornburg Investment Management Inc.</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Subadviser: N/A</span></div></td></tr><tr style="height:69pt"><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.57pt;padding-right:24.22pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">US Fund Mid-Cap Blend</span></div></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.05pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">Thornburg American Opportunities Fund - Class R4* </span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">(Effective 3/23/2026, Thornburg Small/Mid Cap Core Fund was renamed Thornburg American Opportunities Fund) (This subaccount was closed to new investors effective 2/1/2026)</span></div></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">1.21%</span></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">19.61%</span></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">6.82%</span></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">8.27%</span></td></tr><tr style="height:26pt"><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Adviser: Thornburg Investment Management Inc.</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Subadviser: N/A</span></div></td></tr></table></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.316%"><tr><td style="width:1.0%"></td><td style="width:17.913%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:34.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.946%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.769%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.365%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.513%"></td><td style="width:0.1%"></td></tr><tr style="height:41pt"><td colspan="3" rowspan="2" style="background-color:#dedfe0;border-bottom:1pt solid #000;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:12.97pt;padding-right:12.97pt;text-align:center;text-indent:-0.45pt"><span><br/></span></div><div style="padding-left:12.97pt;padding-right:12.97pt;text-align:center;text-indent:-0.45pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">UNDERLYING FUND TYPE</span></div></td><td colspan="3" rowspan="2" style="background-color:#dedfe0;border-bottom:1pt solid #000;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:14.56pt;padding-right:14.56pt;text-align:center;text-indent:-4.7pt"><span><br/></span></div><div style="padding-left:14.56pt;padding-right:14.56pt;text-align:center;text-indent:-4.7pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">UNDERLYING</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.055em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">FUND</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.115em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">AND ADVISER/SUBADVISER</span></div></td><td colspan="3" rowspan="2" style="background-color:#dedfe0;border-bottom:1pt solid #000;border-left:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:7.6pt;padding-right:-1.31pt;text-align:center"><span><br/></span></div><div style="padding-left:0.78pt;padding-right:0.78pt;text-align:center;text-indent:1.1pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">CURRENT EXPENSES</span></div></td><td colspan="9" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:1.02pt;padding-right:1.02pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">AVERAGE</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.115em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">ANNUAL </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">TOTAL</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.05em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">RETURNS</span></div><div style="padding-left:1.02pt;padding-right:1.02pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">(as</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.05em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">of</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.05em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">December 31, 2024)</span></div></td></tr><tr style="height:37pt"><td colspan="3" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.85pt;padding-right:-2.63pt"><span><br/></span></div><div style="padding-right:-2.43pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">1</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.135em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">YEAR</span></div></td><td colspan="3" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-right:-1.31pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">5</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.135em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">YEARS</span></div><div style="padding-right:-1.31pt;text-align:center;text-indent:3.3pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">(or</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.015em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">since </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">inception)</span></div></td><td colspan="3" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-right:-1.31pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">10</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.12em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">YEARS</span></div><div style="padding-right:-1.31pt;text-align:center;text-indent:3.3pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">(or</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.015em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">since </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">inception)</span></div></td></tr><tr style="height:65pt"><td colspan="3" rowspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 3.57pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">US Fund Mid-Cap Growth</span></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.05pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">Thornburg Focus Growth Fund - Class R3* </span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">(Effective 3/23/2026, Thornburg Small/Mid Cap Growth Fund was renamed Thornburg Focus Growth Fund) (This subaccount was closed to new investors effective 2/1/2026)</span></div></td><td colspan="3" rowspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">1.46%</span></td><td colspan="3" rowspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">19.61%</span></td><td colspan="3" rowspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">4.90%</span></td><td colspan="3" rowspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">7.03%</span></td></tr><tr style="height:26pt"><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Adviser: Thornburg Investment Management Inc.</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Subadviser: N/A</span></div></td></tr><tr style="height:69pt"><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 3.57pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">US Fund Mid-Cap Growth</span></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.05pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">Thornburg Focus Growth Fund - Class R4* </span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">(Effective 3/23/2026, Thornburg Small/Mid Cap Growth Fund was renamed Thornburg Focus Growth Fund) (This subaccount was closed to new investors effective 2/1/2026)</span></div></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">1.36%</span></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">19.70%</span></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">5.00%</span></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">7.13%</span></td></tr><tr style="height:26pt"><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Adviser: Thornburg Investment Management Inc.</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Subadviser: N/A</span></div></td></tr></table></div><div><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:9pt;font-weight:400;letter-spacing:-0.01em;line-height:120%">* Denotes Underlying Funds and their investment advisers that have entered into temporary expense reimbursements and /or fee waivers. See the prospectus for the Underlying Fund for further information.</span></div> <div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.316%"><tr><td style="width:1.0%"></td><td style="width:17.913%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:34.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.946%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.769%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.365%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.513%"></td><td style="width:0.1%"></td></tr><tr style="height:41pt"><td colspan="3" rowspan="2" style="background-color:#dedfe0;border-bottom:1pt solid #000;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:12.97pt;padding-right:12.97pt;text-align:center;text-indent:-0.45pt"><span><br/></span></div><div style="padding-left:12.97pt;padding-right:12.97pt;text-align:center;text-indent:-0.45pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">UNDERLYING FUND TYPE</span></div></td><td colspan="3" rowspan="2" style="background-color:#dedfe0;border-bottom:1pt solid #000;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:14.56pt;padding-right:14.56pt;text-align:center;text-indent:-4.7pt"><span><br/></span></div><div style="padding-left:14.56pt;padding-right:14.56pt;text-align:center;text-indent:-4.7pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">UNDERLYING</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.055em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">FUND</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.115em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">AND ADVISER/SUBADVISER</span></div></td><td colspan="3" rowspan="2" style="background-color:#dedfe0;border-bottom:1pt solid #000;border-left:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:7.6pt;padding-right:-1.31pt;text-align:center"><span><br/></span></div><div style="padding-left:0.78pt;padding-right:0.78pt;text-align:center;text-indent:1.1pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">CURRENT EXPENSES</span></div></td><td colspan="9" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:1.02pt;padding-right:1.02pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">AVERAGE</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.115em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">ANNUAL </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">TOTAL</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.05em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">RETURNS</span></div><div style="padding-left:1.02pt;padding-right:1.02pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">(as</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.05em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">of</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.05em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">December 31, 2024)</span></div></td></tr><tr style="height:37pt"><td colspan="3" style="background-color:#dedfe0;border-bottom:1pt solid #000;border-left:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.85pt;padding-right:-2.63pt"><span><br/></span></div><div style="padding-right:-2.43pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">1</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.135em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">YEAR</span></div></td><td colspan="3" style="background-color:#dedfe0;border-bottom:1pt solid #000;border-left:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-right:-1.31pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">5</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.135em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">YEARS</span></div><div style="padding-right:-1.31pt;text-align:center;text-indent:3.3pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">(or</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.015em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">since </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">inception)</span></div></td><td colspan="3" style="background-color:#dedfe0;border-bottom:1pt solid #000;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-right:-1.31pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">10</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.12em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">YEARS</span></div><div style="padding-right:-1.31pt;text-align:center;text-indent:3.3pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">(or</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.015em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">since </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">inception)</span></div></td></tr><tr style="height:80pt"><td colspan="3" rowspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.57pt;padding-right:24.22pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">US Fund Mid-Cap Blend</span></div></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.05pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">Thornburg American Opportunities Fund - Class R3* </span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">(Effective 3/23/2026, Thornburg Small/Mid Cap Core Fund was renamed Thornburg American Opportunities Fund) (Closed to Contracts issued on or about 5/1/2010) (This subaccount was closed to new investors effective 2/1/2026)</span></div></td><td colspan="3" rowspan="3" style="border-right:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">1.31%</span></td><td colspan="3" rowspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">19.48%</span></td><td colspan="3" rowspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">6.71%</span></td><td colspan="3" rowspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">8.16%</span></td></tr><tr style="height:26pt"><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Adviser: Thornburg Investment Management Inc.</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Subadviser: N/A</span></div></td></tr><tr style="height:69pt"><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.57pt;padding-right:24.22pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">US Fund Mid-Cap Blend</span></div></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.05pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">Thornburg American Opportunities Fund - Class R4* </span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">(Effective 3/23/2026, Thornburg Small/Mid Cap Core Fund was renamed Thornburg American Opportunities Fund) (This subaccount was closed to new investors effective 2/1/2026)</span></div></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">1.21%</span></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">19.61%</span></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">6.82%</span></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">8.27%</span></td></tr><tr style="height:26pt"><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Adviser: Thornburg Investment Management Inc.</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Subadviser: N/A</span></div></td></tr></table></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.316%"><tr><td style="width:1.0%"></td><td style="width:17.913%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:34.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.946%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.769%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.365%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.513%"></td><td style="width:0.1%"></td></tr><tr style="height:41pt"><td colspan="3" rowspan="2" style="background-color:#dedfe0;border-bottom:1pt solid #000;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:12.97pt;padding-right:12.97pt;text-align:center;text-indent:-0.45pt"><span><br/></span></div><div style="padding-left:12.97pt;padding-right:12.97pt;text-align:center;text-indent:-0.45pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">UNDERLYING FUND TYPE</span></div></td><td colspan="3" rowspan="2" style="background-color:#dedfe0;border-bottom:1pt solid #000;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:14.56pt;padding-right:14.56pt;text-align:center;text-indent:-4.7pt"><span><br/></span></div><div style="padding-left:14.56pt;padding-right:14.56pt;text-align:center;text-indent:-4.7pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">UNDERLYING</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.055em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">FUND</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.115em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">AND ADVISER/SUBADVISER</span></div></td><td colspan="3" rowspan="2" style="background-color:#dedfe0;border-bottom:1pt solid #000;border-left:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:7.6pt;padding-right:-1.31pt;text-align:center"><span><br/></span></div><div style="padding-left:0.78pt;padding-right:0.78pt;text-align:center;text-indent:1.1pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">CURRENT EXPENSES</span></div></td><td colspan="9" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:1.02pt;padding-right:1.02pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">AVERAGE</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.115em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">ANNUAL </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">TOTAL</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.05em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">RETURNS</span></div><div style="padding-left:1.02pt;padding-right:1.02pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">(as</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.05em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">of</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.05em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">December 31, 2024)</span></div></td></tr><tr style="height:37pt"><td colspan="3" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.85pt;padding-right:-2.63pt"><span><br/></span></div><div style="padding-right:-2.43pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">1</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.135em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">YEAR</span></div></td><td colspan="3" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-right:-1.31pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">5</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.135em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">YEARS</span></div><div style="padding-right:-1.31pt;text-align:center;text-indent:3.3pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">(or</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.015em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">since </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">inception)</span></div></td><td colspan="3" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-right:-1.31pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">10</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.12em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">YEARS</span></div><div style="padding-right:-1.31pt;text-align:center;text-indent:3.3pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">(or</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.015em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">since </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">inception)</span></div></td></tr><tr style="height:65pt"><td colspan="3" rowspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 3.57pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">US Fund Mid-Cap Growth</span></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.05pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">Thornburg Focus Growth Fund - Class R3* </span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">(Effective 3/23/2026, Thornburg Small/Mid Cap Growth Fund was renamed Thornburg Focus Growth Fund) (This subaccount was closed to new investors effective 2/1/2026)</span></div></td><td colspan="3" rowspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">1.46%</span></td><td colspan="3" rowspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">19.61%</span></td><td colspan="3" rowspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">4.90%</span></td><td colspan="3" rowspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">7.03%</span></td></tr><tr style="height:26pt"><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Adviser: Thornburg Investment Management Inc.</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Subadviser: N/A</span></div></td></tr><tr style="height:69pt"><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 3.57pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">US Fund Mid-Cap Growth</span></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.05pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">Thornburg Focus Growth Fund - Class R4* </span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">(Effective 3/23/2026, Thornburg Small/Mid Cap Growth Fund was renamed Thornburg Focus Growth Fund) (This subaccount was closed to new investors effective 2/1/2026)</span></div></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">1.36%</span></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">19.70%</span></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">5.00%</span></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">7.13%</span></td></tr><tr style="height:26pt"><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Adviser: Thornburg Investment Management Inc.</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Subadviser: N/A</span></div></td></tr></table></div><div><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:9pt;font-weight:400;letter-spacing:-0.01em;line-height:120%">* Denotes Underlying Funds and their investment advisers that have entered into temporary expense reimbursements and /or fee waivers. See the prospectus for the Underlying Fund for further information.</span></div> <div style="margin-top:0.4pt;padding-left:2.57pt;padding-right:24.22pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">US Fund Mid-Cap Blend</span></div> <div style="margin-top:0.05pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">Thornburg American Opportunities Fund - Class R3* </span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">(Effective 3/23/2026, Thornburg Small/Mid Cap Core Fund was renamed Thornburg American Opportunities Fund) (Closed to Contracts issued on or about 5/1/2010) (This subaccount was closed to new investors effective 2/1/2026)</span></div> 0.0131 0.1948 0.0671 0.0816 <div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Adviser: Thornburg Investment Management Inc.</span></div> <div style="margin-top:0.4pt;padding-left:2.57pt;padding-right:24.22pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">US Fund Mid-Cap Blend</span></div> <div style="margin-top:0.05pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">Thornburg American Opportunities Fund - Class R4* </span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">(Effective 3/23/2026, Thornburg Small/Mid Cap Core Fund was renamed Thornburg American Opportunities Fund) (This subaccount was closed to new investors effective 2/1/2026)</span></div> 0.0121 0.1961 0.0682 0.0827 <div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Adviser: Thornburg Investment Management Inc.</span></div> <span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">US Fund Mid-Cap Growth</span> <div style="margin-top:0.05pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">Thornburg Focus Growth Fund - Class R3* </span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">(Effective 3/23/2026, Thornburg Small/Mid Cap Growth Fund was renamed Thornburg Focus Growth Fund) (This subaccount was closed to new investors effective 2/1/2026)</span></div> 0.0146 0.1961 0.0490 0.0703 <div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Adviser: Thornburg Investment Management Inc.</span></div> <span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">US Fund Mid-Cap Growth</span> <div style="margin-top:0.05pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">Thornburg Focus Growth Fund - Class R4* </span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">(Effective 3/23/2026, Thornburg Small/Mid Cap Growth Fund was renamed Thornburg Focus Growth Fund) (This subaccount was closed to new investors effective 2/1/2026)</span></div> 0.0136 0.1970 0.0500 0.0713 <div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Adviser: Thornburg Investment Management Inc.</span></div> <div><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:9pt;font-weight:400;letter-spacing:-0.01em;line-height:120%">* Denotes Underlying Funds and their investment advisers that have entered into temporary expense reimbursements and /or fee waivers. See the prospectus for the Underlying Fund for further information.</span></div> <div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.316%"><tr><td style="width:1.0%"></td><td style="width:17.913%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:34.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.946%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.769%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.365%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.513%"></td><td style="width:0.1%"></td></tr><tr style="height:41pt"><td colspan="3" rowspan="2" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:12.97pt;padding-right:12.97pt;text-align:center;text-indent:-0.45pt"><span><br/></span></div><div style="padding-left:12.97pt;padding-right:12.97pt;text-align:center;text-indent:-0.45pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">UNDERLYING FUND TYPE</span></div></td><td colspan="3" rowspan="2" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:14.56pt;padding-right:14.56pt;text-align:center;text-indent:-4.7pt"><span><br/></span></div><div style="padding-left:14.56pt;padding-right:14.56pt;text-align:center;text-indent:-4.7pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">UNDERLYING</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.055em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">FUND</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.115em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">AND ADVISER/SUBADVISER</span></div></td><td colspan="3" rowspan="2" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:7.6pt;padding-right:-1.31pt;text-align:center"><span><br/></span></div><div style="padding-left:0.78pt;padding-right:0.78pt;text-align:center;text-indent:1.1pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">CURRENT EXPENSES</span></div></td><td colspan="9" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:1.02pt;padding-right:1.02pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">AVERAGE</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.115em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">ANNUAL </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">TOTAL</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.05em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">RETURNS</span></div><div style="padding-left:1.02pt;padding-right:1.02pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">(as</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.05em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">of</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.05em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">December 31, 2024)</span></div></td></tr><tr style="height:37pt"><td colspan="3" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.85pt;padding-right:-2.63pt"><span><br/></span></div><div style="padding-right:-2.43pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">1</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.135em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">YEAR</span></div></td><td colspan="3" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-right:-1.31pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">5</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.135em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">YEARS</span></div><div style="padding-right:-1.31pt;text-align:center;text-indent:3.3pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">(or</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.015em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">since </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">inception)</span></div></td><td colspan="3" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-right:-1.31pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">10</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.12em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">YEARS</span></div><div style="padding-right:-1.31pt;text-align:center;text-indent:3.3pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">(or</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.015em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">since </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">inception)</span></div></td></tr><tr style="height:80pt"><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.57pt;padding-right:24.22pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">US Fund Mid-Cap Blend</span></div></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.05pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">Thornburg American Opportunities Fund - Class R4* </span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">(Effective 3/23/2026, Thornburg Small/Mid Cap Core Fund was renamed Thornburg American Opportunities Fund) (Closed to Contracts issued on or about 8/1/2013) (This subaccount was closed to new investors effective 2/1/2026)</span></div></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">1.21%</span></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">19.61%</span></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">6.82%</span></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">8.27%</span></td></tr><tr style="height:26pt"><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Adviser: Thornburg Investment Management Inc.</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Subadviser: N/A</span></div></td></tr></table></div>* Denotes Underlying Funds and their investment advisers that have entered into temporary expense reimbursements and /or fee waivers. See the prospectus for the Underlying Fund for further information <div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.316%"><tr><td style="width:1.0%"></td><td style="width:17.913%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:34.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.946%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.769%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.365%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.513%"></td><td style="width:0.1%"></td></tr><tr style="height:41pt"><td colspan="3" rowspan="2" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:12.97pt;padding-right:12.97pt;text-align:center;text-indent:-0.45pt"><span><br/></span></div><div style="padding-left:12.97pt;padding-right:12.97pt;text-align:center;text-indent:-0.45pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">UNDERLYING FUND TYPE</span></div></td><td colspan="3" rowspan="2" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:14.56pt;padding-right:14.56pt;text-align:center;text-indent:-4.7pt"><span><br/></span></div><div style="padding-left:14.56pt;padding-right:14.56pt;text-align:center;text-indent:-4.7pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">UNDERLYING</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.055em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">FUND</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.115em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">AND ADVISER/SUBADVISER</span></div></td><td colspan="3" rowspan="2" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:7.6pt;padding-right:-1.31pt;text-align:center"><span><br/></span></div><div style="padding-left:0.78pt;padding-right:0.78pt;text-align:center;text-indent:1.1pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">CURRENT EXPENSES</span></div></td><td colspan="9" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:1.02pt;padding-right:1.02pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">AVERAGE</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.115em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">ANNUAL </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">TOTAL</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.05em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">RETURNS</span></div><div style="padding-left:1.02pt;padding-right:1.02pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">(as</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.05em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">of</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.05em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">December 31, 2024)</span></div></td></tr><tr style="height:37pt"><td colspan="3" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.85pt;padding-right:-2.63pt"><span><br/></span></div><div style="padding-right:-2.43pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">1</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.135em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">YEAR</span></div></td><td colspan="3" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-right:-1.31pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">5</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.135em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">YEARS</span></div><div style="padding-right:-1.31pt;text-align:center;text-indent:3.3pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">(or</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.015em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">since </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">inception)</span></div></td><td colspan="3" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-right:-1.31pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">10</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.12em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">YEARS</span></div><div style="padding-right:-1.31pt;text-align:center;text-indent:3.3pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">(or</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.015em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">since </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">inception)</span></div></td></tr><tr style="height:80pt"><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.57pt;padding-right:24.22pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">US Fund Mid-Cap Blend</span></div></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.05pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">Thornburg American Opportunities Fund - Class R4* </span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">(Effective 3/23/2026, Thornburg Small/Mid Cap Core Fund was renamed Thornburg American Opportunities Fund) (Closed to Contracts issued on or about 8/1/2013) (This subaccount was closed to new investors effective 2/1/2026)</span></div></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">1.21%</span></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">19.61%</span></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">6.82%</span></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">8.27%</span></td></tr><tr style="height:26pt"><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Adviser: Thornburg Investment Management Inc.</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Subadviser: N/A</span></div></td></tr></table></div>* Denotes Underlying Funds and their investment advisers that have entered into temporary expense reimbursements and /or fee waivers. See the prospectus for the Underlying Fund for further information <div style="margin-top:0.4pt;padding-left:2.57pt;padding-right:24.22pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">US Fund Mid-Cap Blend</span></div> <div style="margin-top:0.05pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">Thornburg American Opportunities Fund - Class R4* </span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">(Effective 3/23/2026, Thornburg Small/Mid Cap Core Fund was renamed Thornburg American Opportunities Fund) (Closed to Contracts issued on or about 8/1/2013) (This subaccount was closed to new investors effective 2/1/2026)</span></div> 0.0121 0.1961 0.0682 0.0827 <div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Adviser: Thornburg Investment Management Inc.</span></div> <div><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:9pt;font-weight:400;letter-spacing:-0.01em;line-height:120%">* Denotes Underlying Funds and their investment advisers that have entered into temporary expense reimbursements and /or fee waivers. See the prospectus for the Underlying Fund for further information.</span></div> <div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.316%"><tr><td style="width:1.0%"></td><td style="width:17.913%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:34.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.946%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.769%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.365%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.513%"></td><td style="width:0.1%"></td></tr><tr style="height:41pt"><td colspan="3" rowspan="2" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:12.97pt;padding-right:12.97pt;text-align:center;text-indent:-0.45pt"><span><br/></span></div><div style="padding-left:12.97pt;padding-right:12.97pt;text-align:center;text-indent:-0.45pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">UNDERLYING FUND TYPE</span></div></td><td colspan="3" rowspan="2" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:14.56pt;padding-right:14.56pt;text-align:center;text-indent:-4.7pt"><span><br/></span></div><div style="padding-left:14.56pt;padding-right:14.56pt;text-align:center;text-indent:-4.7pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">UNDERLYING</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.055em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">FUND</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.115em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">AND ADVISER/SUBADVISER</span></div></td><td colspan="3" rowspan="2" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:7.6pt;padding-right:-1.31pt;text-align:center"><span><br/></span></div><div style="padding-left:0.78pt;padding-right:0.78pt;text-align:center;text-indent:1.1pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">CURRENT EXPENSES</span></div></td><td colspan="9" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:1.02pt;padding-right:1.02pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">AVERAGE</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.115em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">ANNUAL </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">TOTAL</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.05em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">RETURNS</span></div><div style="padding-left:1.02pt;padding-right:1.02pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">(as</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.05em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">of</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.05em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">December 31, 2024)</span></div></td></tr><tr style="height:37pt"><td colspan="3" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.85pt;padding-right:-2.63pt"><span><br/></span></div><div style="padding-right:-2.43pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">1</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.135em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">YEAR</span></div></td><td colspan="3" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-right:-1.31pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">5</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.135em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">YEARS</span></div><div style="padding-right:-1.31pt;text-align:center;text-indent:3.3pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">(or</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.015em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">since </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">inception)</span></div></td><td colspan="3" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-right:-1.31pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">10</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.12em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">YEARS</span></div><div style="padding-right:-1.31pt;text-align:center;text-indent:3.3pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">(or</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.015em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">since </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">inception)</span></div></td></tr><tr style="height:80pt"><td colspan="3" rowspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.57pt;padding-right:24.22pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">US Fund Mid-Cap Blend</span></div></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.05pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">Thornburg American Opportunities Fund - Class R4* </span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">(Effective 3/23/2026, Thornburg Small/Mid Cap Core Fund was renamed Thornburg American Opportunities Fund) (Closed to Contracts issued on or about 8/1/2013) (This subaccount was closed to new investors effective 2/1/2026)</span></div></td><td colspan="3" rowspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">1.21%</span></td><td colspan="3" rowspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">19.61%</span></td><td colspan="3" rowspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">6.82%</span></td><td colspan="3" rowspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">8.27%</span></td></tr><tr style="height:26pt"><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Adviser: Thornburg Investment Management Inc.</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Subadviser: N/A</span></div></td></tr><tr style="height:80pt"><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 3.57pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">US Fund Mid-Cap Growth</span></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.05pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">Thornburg Focus Growth Fund - Class R4* </span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">(Effective 3/23/2026, Thornburg Small/Mid Cap Growth Fund was renamed Thornburg Focus Growth Fund) (Closed to Contracts issued on or about 8/1/2011) (This subaccount was closed to new investors effective 2/1/2026)</span></div></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">1.36%</span></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">19.70%</span></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">5.00%</span></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">7.13%</span></td></tr><tr style="height:26pt"><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Adviser: Thornburg Investment Management Inc.</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Subadviser: N/A</span></div></td></tr></table></div><div><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:9pt;font-weight:400;letter-spacing:-0.01em;line-height:120%">* Denotes Underlying Funds and their investment advisers that have entered into temporary expense reimbursements and /or fee waivers. See the prospectus for the Underlying Fund for further information.</span></div> <div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.316%"><tr><td style="width:1.0%"></td><td style="width:17.913%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:34.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.946%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.769%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.365%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.513%"></td><td style="width:0.1%"></td></tr><tr style="height:41pt"><td colspan="3" rowspan="2" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:12.97pt;padding-right:12.97pt;text-align:center;text-indent:-0.45pt"><span><br/></span></div><div style="padding-left:12.97pt;padding-right:12.97pt;text-align:center;text-indent:-0.45pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">UNDERLYING FUND TYPE</span></div></td><td colspan="3" rowspan="2" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:14.56pt;padding-right:14.56pt;text-align:center;text-indent:-4.7pt"><span><br/></span></div><div style="padding-left:14.56pt;padding-right:14.56pt;text-align:center;text-indent:-4.7pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">UNDERLYING</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.055em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">FUND</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.115em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">AND ADVISER/SUBADVISER</span></div></td><td colspan="3" rowspan="2" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:7.6pt;padding-right:-1.31pt;text-align:center"><span><br/></span></div><div style="padding-left:0.78pt;padding-right:0.78pt;text-align:center;text-indent:1.1pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">CURRENT EXPENSES</span></div></td><td colspan="9" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:1.02pt;padding-right:1.02pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">AVERAGE</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.115em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">ANNUAL </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">TOTAL</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.05em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">RETURNS</span></div><div style="padding-left:1.02pt;padding-right:1.02pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">(as</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.05em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">of</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.05em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">December 31, 2024)</span></div></td></tr><tr style="height:37pt"><td colspan="3" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.85pt;padding-right:-2.63pt"><span><br/></span></div><div style="padding-right:-2.43pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">1</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.135em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">YEAR</span></div></td><td colspan="3" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-right:-1.31pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">5</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.135em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">YEARS</span></div><div style="padding-right:-1.31pt;text-align:center;text-indent:3.3pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">(or</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.015em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">since </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">inception)</span></div></td><td colspan="3" style="background-color:#dedfe0;border-left:0.5pt solid #231f20;border-right:0.5pt solid #231f20;border-top:0.5pt solid #231f20;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-right:-1.31pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:120%">10</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.12em;line-height:120%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.02em;line-height:120%">YEARS</span></div><div style="padding-right:-1.31pt;text-align:center;text-indent:3.3pt"><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">(or</span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.015em;line-height:139%"> </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:139%">since </span><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;letter-spacing:-0.01em;line-height:139%">inception)</span></div></td></tr><tr style="height:80pt"><td colspan="3" rowspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.57pt;padding-right:24.22pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">US Fund Mid-Cap Blend</span></div></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.05pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">Thornburg American Opportunities Fund - Class R4* </span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">(Effective 3/23/2026, Thornburg Small/Mid Cap Core Fund was renamed Thornburg American Opportunities Fund) (Closed to Contracts issued on or about 8/1/2013) (This subaccount was closed to new investors effective 2/1/2026)</span></div></td><td colspan="3" rowspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">1.21%</span></td><td colspan="3" rowspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">19.61%</span></td><td colspan="3" rowspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">6.82%</span></td><td colspan="3" rowspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">8.27%</span></td></tr><tr style="height:26pt"><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Adviser: Thornburg Investment Management Inc.</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Subadviser: N/A</span></div></td></tr><tr style="height:80pt"><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 3.57pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">US Fund Mid-Cap Growth</span></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.05pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">Thornburg Focus Growth Fund - Class R4* </span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">(Effective 3/23/2026, Thornburg Small/Mid Cap Growth Fund was renamed Thornburg Focus Growth Fund) (Closed to Contracts issued on or about 8/1/2011) (This subaccount was closed to new investors effective 2/1/2026)</span></div></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">1.36%</span></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">19.70%</span></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">5.00%</span></td><td colspan="3" rowspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">7.13%</span></td></tr><tr style="height:26pt"><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Adviser: Thornburg Investment Management Inc.</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Subadviser: N/A</span></div></td></tr></table></div><div><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:9pt;font-weight:400;letter-spacing:-0.01em;line-height:120%">* Denotes Underlying Funds and their investment advisers that have entered into temporary expense reimbursements and /or fee waivers. See the prospectus for the Underlying Fund for further information.</span></div> <div style="margin-top:0.4pt;padding-left:2.57pt;padding-right:24.22pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">US Fund Mid-Cap Blend</span></div> <div style="margin-top:0.05pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">Thornburg American Opportunities Fund - Class R4* </span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">(Effective 3/23/2026, Thornburg Small/Mid Cap Core Fund was renamed Thornburg American Opportunities Fund) (Closed to Contracts issued on or about 8/1/2013) (This subaccount was closed to new investors effective 2/1/2026)</span></div> 0.0121 0.1961 0.0682 0.0827 <div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Adviser: Thornburg Investment Management Inc.</span></div> <span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">US Fund Mid-Cap Growth</span> <div style="margin-top:0.05pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">Thornburg Focus Growth Fund - Class R4* </span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">(Effective 3/23/2026, Thornburg Small/Mid Cap Growth Fund was renamed Thornburg Focus Growth Fund) (Closed to Contracts issued on or about 8/1/2011) (This subaccount was closed to new investors effective 2/1/2026)</span></div> 0.0136 0.1970 0.0500 0.0713 <div style="margin-top:0.4pt;padding-left:2.32pt;padding-right:-2.63pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Adviser: Thornburg Investment Management Inc.</span></div> <div><span style="color:#231f20;font-family:'Times New Roman',serif;font-size:9pt;font-weight:400;letter-spacing:-0.01em;line-height:120%">* Denotes Underlying Funds and their investment advisers that have entered into temporary expense reimbursements and /or fee waivers. See the prospectus for the Underlying Fund for further information.</span></div>