M&A - VARIABLE ANNUITY ACCOUNT FIVE
Form Type: 497
Filing Date: 2025-04-23
Corporate Action: Merger
Type: Update
Accession Number: 000100277925000005
Filing Summary: This supplement describes revisions to investment options under the Variable Annuity Account Five and related accounts, effective on or about April 28, 2025. Significant changes include the renaming of the SA American Century Inflation Protection Portfolio to SA American Century Inflation Managed Portfolio and the merger of the SA T. Rowe Price Growth Stock Portfolio into the SA MFS Blue Chip Growth Portfolio, which will subsequently be named the SA MFS Large Cap Growth Portfolio. Additionally, there are mergers of Class 1 and Class 2 Shares of Target Underlying Funds into the Acquiring Underlying Funds with updates made to the prospectus accordingly. Effective on or about April 30, 2025, BlackRock Investment Management, LLC will serve as a sub-advisor to several portfolios. References to the Target Underlying Funds have been removed from the prospectus.
Additional details:
Target Underlying Funds: SA Multi-Managed Income Portfolio
Acquiring Underlying Funds: SA Allocation Balanced Portfolio
Target Underlying Funds: SA Multi-Managed Growth Portfolio
Acquiring Underlying Funds: SA Allocation Growth Portfolio
Target Underlying Funds: SA Multi-Managed Moderate Growth Portfolio
Acquiring Underlying Funds: SA Allocation Moderate Growth Portfolio
Target Underlying Funds: SA Multi-Managed Income/Equity Portfolio
Acquiring Underlying Funds: SA Allocation Moderate Portfolio
Form Type: 497
Filing Date: 2025-04-23
Corporate Action: Merger
Type: Update
Accession Number: 000100277925000006
Filing Summary: This document serves as a supplement to the variable annuity prospectus of American General Life Insurance Company and The United States Life Insurance Company in the City of New York. It outlines significant changes to the investment options effective April 28, 2025. Notable changes include the renaming of investment portfolios, such as the SA American Century Inflation Protection Portfolio to SA American Century Inflation Managed Portfolio and the merger of the SA T. Rowe Price Growth Stock Portfolio into the SA MFS Blue Chip Growth Portfolio, which was subsequently renamed to SA MFS Large Cap Growth Portfolio. Additionally, Class 1 and Class 2 Shares of Target Underlying Funds will merge into Class 1 Shares of the Acquiring Underlying Funds, with specific portfolios detailed in the document. The mention of BlackRock Investment Management, LLC as a new sub-advisor effective around April 30, 2025, for several Multi-Managed Portfolios is also included. All references in the prospectus will be updated accordingly, and further information about the funds can be found on their official website or by phone.
Additional details:
Target Underlying Funds: SA Multi-Managed Income Portfolio
Acquiring Underlying Funds: SA Allocation Balanced Portfolio
Target Underlying Funds: SA Multi-Managed Growth Portfolio
Acquiring Underlying Funds: SA Allocation Growth Portfolio
Target Underlying Funds: SA Multi-Managed Moderate Growth Portfolio
Acquiring Underlying Funds: SA Allocation Moderate Growth Portfolio
Target Underlying Funds: SA Multi-Managed Income/Equity Portfolio
Acquiring Underlying Funds: SA Allocation Moderate Portfolio
Sub Advisor: BlackRock Investment Management, LLC
Form Type: 497
Filing Date: 2025-04-23
Corporate Action: Merger
Type: Update
Accession Number: 000100277925000008
Filing Summary: The document serves as a supplement dated April 28, 2025, to the prospectus for the Seasons Variable Annuity provided by American General Life Insurance Company Variable Annuity Account Five. It outlines significant changes to the investment options within the variable annuity contract that will take effect on or about April 28, 2025. Key changes include the renaming of the SA Putnam Asset Allocation Diversified Growth Portfolio to the SA Franklin Allocation Moderately Aggressive Portfolio, with Franklin Advisers, Inc. as the new sub-advisor. Additionally, the SA T. Rowe Price Growth Stock Portfolio will merge into the SA MFS Blue Chip Growth Portfolio, which will subsequently be renamed the SA MFS Large Cap Growth Portfolio. Moreover, shares from several Target Underlying Funds will merge into designated Class shares of corresponding Acquiring Underlying Funds, reflecting a restructuring of the fund offerings. A complete list of these mergers and names can be found in the document, evidencing a strategic adjustment designed to enhance the investment options available to policyholders.
Additional details:
Target Underlying Fund: SA Multi-Managed Growth Portfolio
Acquiring Underlying Fund: SA Allocation Aggressive Portfolio (Renamed from SA Allocation Growth Portfolio)
Target Underlying Fund: SA Multi-Managed Moderate Growth Portfolio
Acquiring Underlying Fund: SA Allocation Moderately Aggressive Portfolio (Renamed from SA Allocation Moderate Growth Portfolio)
Target Underlying Fund: SA Multi-Managed Income/Equity Portfolio
Acquiring Underlying Fund: SA Allocation Moderate Portfolio
Target Underlying Fund: SA Multi-Managed Income Portfolio
Acquiring Underlying Fund: SA Allocation Balanced Portfolio
Form Type: 497
Filing Date: 2025-04-23
Corporate Action: Merger
Type: Update
Accession Number: 000100277925000009
Filing Summary: The supplement dated April 28, 2025, provides important updates to the Variable Annuity Prospectus of American General Life Insurance Company's Variable Annuity Account Five. Key changes include the renaming of the SA Putnam Asset Allocation Diversified Growth Portfolio to SA Franklin Allocation Moderately Aggressive Portfolio, with Franklin Advisers, Inc. as its new sub-advisor. Additionally, several portfolios were involved in mergers, specifically, the SA T. Rowe Price Growth Stock Portfolio merged into the SA MFS Blue Chip Growth Portfolio, subsequently renamed as SA MFS Large Cap Growth Portfolio. Moreover, Class 1 and Class 2 shares of various Target Underlying Funds merged into the Class 1 shares of the respective Acquiring Underlying Funds, while Class 3 shares underwent a similar merging process. Effective around April 30, 2025, BlackRock Investment Management, LLC will also become a sub-advisor for multiple funds including SA Multi-Managed International Equity and SA Multi-Managed Large Cap Growth.
Additional details:
Renamed Fund: SA Franklin Allocation Moderately Aggressive Portfolio
Merged Fund: SA MFS Large Cap Growth Portfolio
Target Underlying Funds: SA Multi-Managed Income Portfolio, SA Multi-Managed Growth Portfolio, SA Multi-Managed Moderate Growth Portfolio, SA Multi-Managed Income/Equity Portfolio
Acquiring Underlying Funds: SA Allocation Balanced Portfolio, SA Allocation Aggressive Portfolio, SA Allocation Moderately Aggressive Portfolio, SA Allocation Moderate Portfolio
Sub Advisor Effective Date: 2025-04-30
Sub Advisor Name: BlackRock Investment Management, LLC
Form Type: 497
Filing Date: 2025-04-23
Corporate Action: Merger
Type: Update
Accession Number: 000100277925000010
Filing Summary: This document is a supplement dated April 28, 2025, detailing changes to investment options available under various variable annuities issued by American General Life Insurance Company and The United States Life Insurance Company in the City of New York. Key updates include the renaming of investment portfolios, such as the SA American Century Inflation Protection Portfolio to SA American Century Inflation Managed Portfolio, and the merger of the SA T. Rowe Price Growth Stock Portfolio into the SA MFS Blue Chip Growth Portfolio, which is now renamed SA MFS Large Cap Growth Portfolio. Additionally, changes regarding the merging of shares from Target Underlying Funds into Acquiring Underlying Funds are outlined, with all references to removed Target Underlying Funds eliminated from the prospectus. Furthermore, effective on or about April 30, 2025, BlackRock Investment Management, LLC will become a sub-advisor to several portfolios listed in the document.
Additional details:
Investment Option Renamed: SA American Century Inflation Managed Portfolio
Investment Option Renamed: SA Franklin Allocation Moderately Aggressive Portfolio
Portfolio Merged: SA T. Rowe Price Growth Stock Portfolio into SA MFS Blue Chip Growth Portfolio
Portfolio Renamed: SA MFS Large Cap Growth Portfolio
Sub Advisor Added: BlackRock Investment Management, LLC
Effective Date Sub Advisor: 2025-04-30
Form Type: 497
Filing Date: 2025-04-23
Corporate Action: Merger
Type: Update
Accession Number: 000100277925000011
Filing Summary: This supplement provides information regarding changes to investment options in the Variable Annuity Account Five. Effective April 28, 2025, significant updates include the renaming of the SA Putnam Asset Allocation Diversified Growth Portfolio to SA Franklin Allocation Moderately Aggressive Portfolio, with Franklin Advisers, Inc. as the new sub-advisor. Additionally, the SA T. Rowe Price Growth Stock Portfolio merged into the SA MFS Blue Chip Growth Portfolio, which was renamed SA MFS Large Cap Growth Portfolio. Class 1 and Class 2 Shares of Target Underlying Funds were merged into Class 1 Shares of Acquiring Underlying Funds, while Class 3 Shares of Target Underlying Funds merged into Class 3 Shares of Acquiring Underlying Funds. The updated funds are specified, indicating which underlying funds were targeted and their respective acquiring funds. Furthermore, as of April 30, 2025, BlackRock Investment Management, LLC will serve as a sub-advisor to several funds, including SA Multi-Managed International Equity and others. Investors are encouraged to refer to the updated prospectuses for detailed information.
Additional details:
Investment Option Changes: renaming of SA Putnam Asset Allocation Diversified Growth Portfolio to SA Franklin Allocation Moderately Aggressive Portfolio
Merger Details: SA T. Rowe Price Growth Stock Portfolio merged into SA MFS Blue Chip Growth Portfolio, renamed SA MFS Large Cap Growth Portfolio
Class Mergers: Class 1 and Class 2 Shares of Target Underlying Funds merged into Class 1 Shares of Acquiring Underlying Funds; Class 3 Shares of Target Underlying Funds merged into Class 3 Shares of Acquiring Underlying Funds
New Sub Advisor: BlackRock Investment Management, LLC became sub-advisor for several funds effective April 30, 2025
Form Type: 497
Filing Date: 2025-04-23
Corporate Action: Merger
Type: Update
Accession Number: 000100277925000012
Filing Summary: This document is a supplement to the Variable Annuity prospectus, detailing significant updates effective on or about April 28, 2025. Notable changes include the renaming of the SA American Century Inflation Protection Portfolio to SA American Century Inflation Managed Portfolio, and the merger of the SA T. Rowe Price Growth Stock Portfolio into the SA MFS Blue Chip Growth Portfolio, which is subsequently renamed SA MFS Large Cap Growth Portfolio. Additionally, Class 1 and Class 2 Shares of the Target Underlying Funds merged into Class 1 Shares of the Acquiring Underlying Funds, and Class 3 Shares of the Target Underlying Funds merged into Class 3 Shares of the Acquiring Underlying Funds. The Target Underlying Funds, which have been removed from the prospectus, include several portfolios such as the SA Multi-Managed Income Portfolio and SA Multi-Managed Growth Portfolio. Starting April 30, 2025, BlackRock Investment Management, LLC will act as a sub-advisor to various funds including SA Multi-Managed International Equity Portfolio and others.
Additional details:
Renamed Portfolios: SA American Century Inflation Managed Portfolio
Merged Portfolios: SA T. Rowe Price Growth Stock Portfolio merged into SA MFS Large Cap Growth Portfolio
Target Underlying Funds Removed: SA Multi-Managed Income Portfolio, SA Multi-Managed Growth Portfolio, SA Multi-Managed Moderate Growth Portfolio, SA Multi-Managed Income/Equity Portfolio
Acquiring Underlying Funds: SA Allocation Balanced Portfolio, SA Allocation Growth Portfolio, SA Allocation Moderate Growth Portfolio, SA Allocation Moderate Portfolio
Sub Advisor Effective Date: 2025-04-30
Sub Advisors: BlackRock Investment Management, LLC
Form Type: 497
Filing Date: 2025-04-23
Corporate Action: Merger
Type: Update
Accession Number: 000100277925000013
Filing Summary: This document serves as a supplement dated April 28, 2025, to the prospectus for Variable Annuity Account Five. It details significant updates to investment options that are effective on or about April 28, 2025. Notably, the SA American Century Inflation Protection Portfolio has been renamed to SA American Century Inflation Managed Portfolio. Furthermore, the SA Putnam Asset Allocation Diversified Growth Portfolio has been rebranded to SA Franklin Allocation Moderately Aggressive Portfolio, with Franklin Advisers, Inc. taking over as its subadvisor. A key change includes the merger of the SA T. Rowe Price Growth Stock Portfolio of Seasons Series Trust into the SA MFS Blue Chip Growth Portfolio of SunAmerica Series Trust, which is subsequently renamed SA MFS Large Cap Growth Portfolio. Additionally, a merger is observed between Class 1 and Class 2 Shares of the Target Underlying Funds into Class 1 Shares of the Acquiring Underlying Funds, with Class 3 Shares of the former merging into Class 3 Shares of the latter. Details of each merged Target and Acquiring fund are provided in the document. Also, effective on or about April 30, 2025, BlackRock Investment Management, LLC will serve as a sub-advisor to several funds listed.
Additional details:
Target Underlying Funds: SA Multi-Managed Income Portfolio
Acquiring Underlying Funds: SA Allocation Balanced Portfolio
Target Underlying Funds: SA Multi-Managed Growth Portfolio
Acquiring Underlying Funds: SA Allocation Growth Portfolio
Target Underlying Funds: SA Multi-Managed Moderate Growth Portfolio
Acquiring Underlying Funds: SA Allocation Moderate Growth Portfolio
Target Underlying Funds: SA Multi-Managed Income/Equity Portfolio
Acquiring Underlying Funds: SA Allocation Moderate Portfolio
Form Type: 497
Filing Date: 2025-04-23
Corporate Action: Merger
Type: Update
Accession Number: 000100277925000014
Filing Summary: This document is a supplement dated April 28, 2025, to the variable annuity prospectus for the Variable Annuity Account Five. It outlines changes to investment options effective on or about April 28, 2025. Notable changes include the renaming of various portfolios and the merger of certain portfolios into others. Specifically, the SA T. Rowe Price Growth Stock Portfolio merged into the SA MFS Blue Chip Growth Portfolio, which is then renamed to SA MFS Large Cap Growth Portfolio. Additionally, shares of Target Underlying Funds have merged into corresponding Acquiring Underlying Funds, impacting Class 1 and Class 2 Shares as well as Class 3 Shares. Information is provided on sub-advisors, including BlackRock Investment Management, LLC, which will become a subadvisor for multiple portfolios effective on or about April 30, 2025. All references to Target Underlying Funds are removed from the prospectus. Further details can be found by visiting the company’s website or calling their customer service.
Additional details:
Changed Portfolio Names: SA American Century Inflation Protection Portfolio renamed to SA American Century Inflation Managed Portfolio
Merged Portfolios: SA T. Rowe Price Growth Stock Portfolio merged into SA MFS Blue Chip Growth Portfolio, now SA MFS Large Cap Growth Portfolio
Target Underlying Funds: SA Multi-Managed Income Portfolio, SA Multi-Managed Growth Portfolio, SA Multi-Managed Moderate Growth Portfolio, SA Multi-Managed Income/Equity Portfolio
Acquiring Underlying Funds: SA Allocation Balanced Portfolio, SA Allocation Growth Portfolio, SA Allocation Moderate Growth Portfolio, SA Allocation Moderate Portfolio
New Subadvisor: BlackRock Investment Management, LLC for various portfolios effective April 30, 2025
Form Type: 497
Filing Date: 2025-04-23
Corporate Action: Merger
Type: Update
Accession Number: 000100277925000015
Filing Summary: The document serves as a supplement to the Variable Annuity Prospectus, detailing important changes regarding investment options effective on or about April 28, 2025. Notable changes include the renaming of the SA American Century Inflation Protection Portfolio to SA American Century Inflation Managed Portfolio and the SA Putnam Asset Allocation Diversified Growth Portfolio to SA Franklin Allocation Moderately Aggressive Portfolio, with Franklin Advisers, Inc. becoming its sub-advisor. Additionally, the SA T. Rowe Price Growth Stock Portfolio was merged into the SA MFS Blue Chip Growth Portfolio, which was subsequently renamed SA MFS Large Cap Growth Portfolio. It also outlines that Class 1 and Class 2 Shares of the Target Underlying Funds have merged into Class 1 Share of the Acquiring Underlying Funds and that Class 3 Shares of the Target Underlying Funds merged into Class 3 Shares of the Acquiring Underlying Funds. Effective April 30, 2025, BlackRock Investment Management, LLC will serve as a sub-advisor for a range of Multi-Managed portfolios.
Additional details:
Renamed Portfolios: ["SA American Century Inflation Managed Portfolio","SA Franklin Allocation Moderately Aggressive Portfolio","SA MFS Large Cap Growth Portfolio"]
Merged Portfolios: [{"target_portfolio":"SA T. Rowe Price Growth Stock Portfolio","acquiring_portfolio":"SA MFS Blue Chip Growth Portfolio"},{"target_portfolio":"SA Multi-Managed Income Portfolio","acquiring_portfolio":"SA Allocation Balanced Portfolio"},{"target_portfolio":"SA Multi-Managed Growth Portfolio","acquiring_portfolio":"SA Allocation Growth Portfolio"},{"target_portfolio":"SA Multi-Managed Moderate Growth Portfolio","acquiring_portfolio":"SA Allocation Moderate Growth Portfolio"},{"target_portfolio":"SA Multi-Managed Income\/Equity Portfolio","acquiring_portfolio":"SA Allocation Moderate Portfolio"}]
Sub Advisor Change: {"effective_date":"2025-04-30","sub_advisor":"BlackRock Investment Management, LLC","funds":[{"name":"SA Multi-Managed International Equity Portfolio"},{"name":"SA Multi-Managed Large Cap Growth Portfolio"},{"name":"SA Multi-Managed Large Cap Value Portfolio"},{"name":"SA Multi-Managed Mid Cap Growth Portfolio"},{"name":"SA Multi-Managed Mid Cap Value Portfolio"},{"name":"SA Multi-Managed Small Cap Portfolio"}]}
Form Type: 497
Filing Date: 2025-04-23
Corporate Action: Merger
Type: Update
Accession Number: 000100277925000016
Filing Summary: This document serves as a supplement dated April 28, 2025, to the variable annuity prospectus for Variable Annuity Account Five, detailing significant changes to the investment options available under the contract. Key changes include the renaming of several portfolios: the SA American Century Inflation Protection Portfolio is now the SA American Century Inflation Managed Portfolio, and the SA Putnam Asset Allocation Diversified Growth Portfolio has been renamed to SA Franklin Allocation Moderately Aggressive Portfolio with Franklin Advisers, Inc. designated as its sub-advisor. Furthermore, the SA T. Rowe Price Growth Stock Portfolio has merged into the SA MFS Blue Chip Growth Portfolio, subsequently renamed SA MFS Large Cap Growth Portfolio. Mergers involving Class 1 and Class 2 Shares of Target Underlying Funds into the Acquiring Underlying Funds have been implemented, resulting in the removal of references to the Target Underlying Funds. Effective approximately April 30, 2025, BlackRock Investment Management, LLC has become a sub-advisor to multiple funds including the SA Multi-Managed International Equity Portfolio and others. Additional fund information is available via their website or customer service.
Additional details:
Investment Option Change: The SA American Century Inflation Protection Portfolio was renamed.
Merger Details: SA T. Rowe Price Growth Stock Portfolio merged into SA MFS Blue Chip Growth Portfolio.
Sub Advisor Change: BlackRock Investment Management, LLC became a sub-advisor to several funds.
Target Underlying Funds Merged: Class 1 and Class 2 Shares of Target Underlying Funds merged into Acquiring Underlying Funds.
Form Type: 497
Filing Date: 2025-04-23
Corporate Action: Merger
Type: Update
Accession Number: 000100277925000017
Filing Summary: This document is a supplement dated April 28, 2025, which updates the prospectus for the Variable Annuity Account Five. It outlines significant changes to the investment options available under the contract effective on or about April 28, 2025. Notably, the SA American Century Inflation Protection Portfolio has been renamed to SA American Century Inflation Managed Portfolio. The SA Putnam Asset Allocation Diversified Growth Portfolio has been renamed to SA Franklin Allocation Moderately Aggressive Portfolio with Franklin Advisers, Inc. now serving as its sub-advisor. Moreover, the SA T. Rowe Price Growth Stock Portfolio of the Seasons Series Trust has merged into the SA MFS Blue Chip Growth Portfolio of the SunAmerica Series Trust, which has subsequently been renamed SA MFS Large Cap Growth Portfolio. Additionally, various shares from the Target Underlying Funds have merged into corresponding shares of the Acquiring Underlying Funds. Effective on or about April 30, 2025, BlackRock Investment Management, LLC will act as a sub-advisor to several funds. Public access to further information regarding these funds is available via their website or contact number.
Additional details:
Fund Renamed: SA American Century Inflation Managed Portfolio
Portfolio Merged: SA T. Rowe Price Growth Stock Portfolio into SA MFS Blue Chip Growth Portfolio
Advisor Sub Change: BlackRock Investment Management, LLC became sub-advisor to various funds
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