M&A - LINCOLN VARIABLE INSURANCE PRODUCTS TRUST

Form Type: N-14/A

Filing Date: 2025-06-13

Corporate Action: Merger

Type: New

Accession Number: 000119312525140587

Filing Summary: The document outlines a proposal for the reorganization of the LVIP Invesco Select Equity Income Managed Volatility Fund (the 'Acquired Fund') into the LVIP BlackRock Dividend Value Managed Volatility Fund (the 'Acquiring Fund'). A special meeting of shareholders is scheduled for July 31, 2025, where the approval of the Agreement and Plan of Reorganization will be voted on. If approved, the reorganization is expected to take place around August 1, 2025. The Reorganization will exchange shares of the Acquired Fund for shares of the Acquiring Fund at the same value, ensuring no loss in investment value for shareholders. The Board of Trustees unanimously recommends voting in favor of the proposal, citing the benefits of reduced redundancy and streamlined fund management. The expected tax implications will be minimal, as the Reorganization is structured to be tax-free. Details on voting and instructions for shareholders are included, emphasizing the importance of submitting votes promptly to ensure representation at the special meeting.

Form Type: N-14

Filing Date: 2025-05-15

Corporate Action: Merger

Type: New

Accession Number: 000119312525120869

Filing Summary: This document serves as a Registration Statement under the Securities Act of 1933 for the proposed reorganization of the LVIP Invesco Select Equity Income Managed Volatility Fund into the LVIP BlackRock Dividend Value Managed Volatility Fund. The Board of Trustees of Lincoln Variable Insurance Products Trust has called a Special Meeting of Shareholders to seek approval for this reorganization, proposed to occur on or about August 1, 2025. The Acquired Fund's shareholders, as of May 1, 2025, are entitled to vote on the proposal. The transaction is set to be structured as a tax-free event, meaning no direct federal income tax consequences for shareholders are expected. The benefits outlined for this reorganization focus on maintaining an efficient fund lineup with competitive performance while reducing redundancy. Overall, the Board unanimously recommends approval of the transaction, which they believe is in the best interest of shareholders, allowing them to retain investment value. Also noted is the absence of any transactional fees related to the exchange of shares during the reorganization process.

Form Type: 497

Filing Date: 2025-05-13

Corporate Action: Merger

Type: New

Accession Number: 000119312525118488

Filing Summary: The document serves as a supplement to the Summary and Statutory Prospectuses for the LVIP Invesco Select Equity Income Managed Volatility Fund, updating certain information. It details that at a meeting held on March 3-4, 2025, the Board of Trustees approved an Agreement and Plan of Reorganization to merge the Fund with the LVIP BlackRock Dividend Value Managed Volatility Fund, which is termed the 'Acquiring Fund.' The Reorganization is not expected to be a taxable event for contract holders and requires shareholder approval. Proxy materials will be sent to shareholders as of the Record Date, May 1, 2025, with a meeting scheduled for July 31, 2025, to consider the Reorganization, with completion anticipated around August 1, 2025. Important details regarding fund objectives, strategies, and risk considerations will be included in the proxy statement, which is available on the SEC's website. Contract owners can transfer investments prior to the Closing Date according to their product prospectus.

Form Type: 497K

Filing Date: 2025-05-13

Corporate Action: Merger

Type: Update

Accession Number: 000119312525118490

Filing Summary: This document serves as a supplement updating the Summary and Statutory Prospectuses for the LVIP Invesco Select Equity Income Managed Volatility Fund. The Board of Trustees approved an Agreement and Plan of Reorganization to merge the Fund with the LVIP BlackRock Dividend Value Managed Volatility Fund. This merger, referred to as the Reorganization, is not expected to be a taxable event for contract holders and is subject to conditions including shareholder approval. Proxy materials regarding the Reorganization will be sent to shareholders by the Record Date of May 1, 2025, and a meeting to consider the Reorganization is set for on or about July 31, 2025. The expected completion date for the Reorganization is August 1, 2025. Information on investments, strategies, fees, and risk considerations will be available in the prospectus/proxy statement, which will be accessible for free on the SEC’s website.