| Summary Prospectus |
April 30, 2026 |
| Shareholder Fees (fees paid directly from your
investment) | ||
| |
Series I shares |
Series II shares |
| Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) |
None |
None |
| | ||
| Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) |
None |
None |
| | ||
| Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) | ||
| |
Series I shares |
Series II shares |
| Management Fees |
0.49 % |
0.49 % |
| | ||
| Distribution and/or Service (12b-1) Fees
|
None |
0.25 |
| | ||
| Other Expenses |
0.19 |
0.19 |
| | ||
| Total Annual Fund Operating Expenses |
0.68 |
0.93 |
| | ||
| |
1 Year |
3 Years |
5 Years |
10 Years |
| Series I shares |
$69
|
$218
|
$379
|
$847
|
| | ||||
| Series II shares |
$95
|
$296
|
$515
|
$1,143
|
| | ||||
| Series I |
Period Ended |
Returns |
| Best Quarter |
December 31, 2020 |
13.57% |
| Worst Quarter |
March 31, 2020 |
-24.28% |
| |
Inception Date |
1 Year |
5 Years |
10
Years |
| Series I |
3/1/1990 |
15.74 % |
10.81 % |
9.20 % |
| | ||||
| Series II |
6/5/2000 |
15.44 |
10.53 |
8.93 |
| | ||||
| Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes) |
|
15.91 |
11.33 |
10.53 |
| | ||||
| S&P 500® Index (reflects no deduction for fees, expenses or taxes) |
|
17.88 |
14.42 |
14.82 |
| | ||||
| Portfolio Managers |
Title |
Length of Service on the Fund |
| Peter Santoro, CFA |
Portfolio Manager (Lead) |
2021 |
| | ||
| Caroline Le Feuvre |
Portfolio Manager |
2020 |
| | ||
| Craig Leopold, CFA |
Portfolio Manager |
2022 |
| | ||
| Chris McMeans, CFA |
Portfolio Manager |
2016 |
| | ||
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