Liquidation: LINCOLN VARIABLE INSURANCE PRODUCTS TRUST

Form Type: 497

Filing Date: 2025-04-08

Corporate Action: Liquidation

Type: Update

Accession Number: 000119312525075097

Filing Summary: On April 8, 2025, Lincoln Variable Insurance Products Trust announced an update regarding the LVIP Invesco Select Equity Income Managed Volatility Fund. The Board of Trustees approved a plan for the liquidation of the Standard Class of the Fund, which will proceed only if the plan is approved by the Beneficial Owners, including insurance companies and contract owners who have invested in this class. A proxy statement will be sent to Beneficial Owners to facilitate their voting on the plan, with the expected liquidation date set for May 9, 2025, subject to approval. Beneficial Owners will have the opportunity to transfer their investments prior to the liquidation date, according to the existing provisions of their variable life insurance or variable annuity contracts.

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Form Type: 497K

Filing Date: 2025-04-08

Corporate Action: Liquidation

Type: New

Accession Number: 000119312525075098

Filing Summary: On April 8, 2025, Lincoln Variable Insurance Products Trust issued a supplement to the Summary and Statutory Prospectuses for the LVIP Invesco Select Equity Income Managed Volatility Fund. This supplement announces a plan of liquidation for the Standard Class of the Fund, which was approved by the Board of Trustees on March 3-4, 2025. The plan will be submitted for approval to the Beneficial Owners, including various insurance companies and contract owners with interests in the Standard Class. Approval from these owners is necessary for the liquidation to proceed, which is anticipated to occur around May 9, 2025. Beneficial Owners will receive a proxy statement detailing essential information prior to voting.

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