Symetra Separate Account C

04/29/2024 | Press release | Distributed by Public on 04/29/2024 11:20

Updating Summary Prospectus - Form 497VPU

Document

Updating Summary Prospectus
Dated: May 1, 2024
Spinnaker® Variable Annuity
Issued By: Symetra Life Insurance Company

The prospectus for the Spinnaker® Variable Annuity contains more information about the Contract, including its features, benefits, and risks. You can find the prospectus and other information about Spinnaker® Variable Annuity online at www.symetra.com/regulatoryreports. You can also obtain this information at no cost by calling 1-800-796-3872 or by sending an email request to [email protected].

Additional general information about certain investment products, including variable annuities has been prepared by the Securities and Exchange Commission's staff and is available at Investor.gov.

The Spinnaker® Variable Annuity Prospectus and Statement of Additional Information dated May 1, 2024, as supplemented, are incorporated herein by reference.

UPDATED INFORMATION ABOUT YOUR CONTRACT
The information in this Updating Summary Prospectus is a summary of certain Contract features that have changed since the Updating Summary Prospectus dated May 1, 2023. This may not reflect all of the changes that have occurred since you entered into your Spinnaker® Variable Annuity Contract.

Please note the following Portfolio changes:
•Effective on or about April 26, 2024, Lincoln Financial adopted certain American Century Variable Portfolios. As a result, the following American Century Portfolios have changed their names as noted below.

Old Name New Name
American Century VP Balanced Class I LVIP American Century Balanced Fund Standard Class II
American Century VP Inflation Protection Fund Class II LVIP American Century Inflation Protection Fund Service Class
American Century VP International Fund Class I LVIP American Century International Fund Standard Class II
American Century VP Large Company Value Fund Class II LVIP American Century Large Company Value Fund Service Class
American Century VP Ultra® Fund Class I LVIP American Century Ultra Fund Standard Class II
American Century VP Ultra® Fund Class II LVIP American Century Ultra Fund Service Class
American Century VP Value Fund Class I LVIP American Century Value Fund Standard Class II

•Effective on or about May 1, 2024, Calvert Variable Products, Inc changed to Calvert Variable Trust, Inc. As a result, the following Calvert Variable Products, Inc. portfolios have changed their names as noted below.

Old Name New Name
Calvert VP EAFE International Index Portfolio CVT EAFE International Index Portfolio
Calvert VP Investment Grade Bond Index Portfolio CVT Investment Grade Bond Index Portfolio
Calvert VP Nasdaq - 100 Index Portfolio CVT Nasdaq - 100 Index Portfolio
Calvert VP Russell 2000 Small Cap Index Portfolio CVT Russell 2000 Small Cap Index Portfolio
Calvert VP S&P Midcap 400 Index Portfolio CVT S&P Midcap 400 Index Portfolio
Reminder:
Effective November 1, 2023, the communications address for Symetra Life Insurance Company changed. All communications to Symetra Life should be directed as follows:


Account Maintenance: For general correspondence, all written communications, including additional Purchase Payments, and other transactional inquiries, please contact us at:

Symetra Life Insurance Company
PO Box 674423
Houston, TX 77267-4423

For overnight mail:
Symetra Life Insurance Company
14710 John F Kennedy Blvd, Suite 140
Houston, TX 77032-3725
KEY INFORMATION
Important information you should consider about the Contract

FEES AND EXPENSES
Charges for Early Withdrawals If you take more than 10% of your Contract Value out in a Contract Year, you may be assessed a contingent deferred sales charge. The amount of this charge depends upon the age of your Contract, not on the age of each Purchase Payment. The charge is based upon the amount withdrawn and starts at 8% in the first Contract Year and decreases one percent each Contract Year until the ninth and later Contract Years when there is no charge. For example, assume you have already made withdrawals exceeding the 10% free withdrawal amount for the year and you request an additional withdrawal of $30,000 on a $100,000 Contract Value, you would pay a contingent deferred sales charge of $2,400 ($30,000 x 8%).

In addition, a Withdrawal Charge of $25 or 2% withdrawn whichever is less will be assessed for each withdrawal after the first in a Contract Year.

For more information, see CHARGES AND EXPENSES.
Transaction Charges A Transfer Charge of $10 will apply upon each transfer in excess of 12 transfers in a Contract Year.
For more information, see CHARGES AND EXPENSES.
Ongoing Fees and Expenses (annual charges)

The table below describes the fees and expenses that you may pay each year, depending on the options you choose. Please refer to your Contract data page for information about the specific fees you will pay each year based on the options you have elected.
Annual Fee Minimum Maximum
Base Contract (1) 1.68% 3.79%
Investment options (Portfolio fees and expenses) (2) 0.26% 2.38%
Optional benefits available for an additional charge (for a single optional benefit, if elected) 0.15% (3) 0.20% (4)
(1) Base Contract fees are expressed as a percentage of Separate Account assets, and include mortality and expense risk fees, which are charged as a percentage of Contract Value, and the annual Contract fee, which is a fixed dollar amount.
(2) Portfolio fees and expenses are expressed as percentage the Portfolio's net asset value and include management fees, distribution and/or service 12b-1 fees, and other expenses (before any waivers or expense reimbursement).
(3) As a percentage of the average daily Contract Value invested in the Sub-accounts and in the Symetra Fixed Account.
(4) As a percentage of the average daily Contract Value invested in the Sub-accounts.

For more information, see CHARGES AND EXPENSES.

Because your Contract is customizable, the choices you make affect how much you will pay. To help you understand the cost of owning your Contract, the following table shows the lowest and highest cost you could pay each year, based on current charges. This estimate assumes that you do not take withdrawals from the Contract, which could add surrender charges that substantially increase costs.
Lowest Annual Cost:

$1,530.37

Highest Annual Cost:

$3,309.10
The Lowest Annual Cost shown above assumes the following:

•Investment of $100,000
•5% annual appreciation
•Least expensive combination of Contract Classes and Portfolio Company fees and
expenses
•No optional benefits
•No sales charges
•No additional purchase payments, transfers or withdrawals
The Highest Annual Cost shown above assumes the following:

•Investment of $100,000
•5% annual appreciation
•Most expensive combination of Contract Classes, optional benefits and Portfolio Company fees and
expenses
•No sales charges
•No additional purchase payments, transfers or withdrawals
RISKS
Risk of Loss You may lose money by investing in the Contract. For more information, see PRINCIPAL RISKS OF INVESTING IN THE CONTRACT.
Not a Short-Term Investment The Contract is not a short-term investment and is not appropriate if you need ready access to cash. Withdrawal charges will reduce the value of your Contract if you withdraw money during the Accumulation Phase. The benefits of tax deferral and living benefit protections also mean the Contract is more beneficial to investors with a long time horizon. Tax penalties may apply to withdrawals taken before age 59 ½. Transfer limits and fees designed to deter marketing timing may apply under policies designed to deter frequent trading and market timing. For more information, see PRINCIPAL RISKS OF INVESTING IN THE CONTRACT.
Risks Associated with Investment Options Investment in the Contract is subject to the risk of poor investment performance and can vary depending on the performance of the Portfolios available under the Contract. Each Portfolio has its own unique risks. You should review these Portfolios before making an investment decision. For more information, see PRINCIPAL RISKS OF INVESTING IN THE CONTRACT.
Insurance Company Risks Investment in the Contract is subject to the risks related to Symetra Life Insurance Company. Any obligations, including obligations related to the Symetra Fixed Account, guarantees, and benefits provided for under the Contract are subject to our financial strength and claims-paying ability. More information about us, including our financial strength ratings, is available upon request by calling 1-800-796-3872, or visiting us at www.symetra.com/regulatoryreports. For more information, see PRINCIPAL RISKS OF INVESTING IN THE CONTRACT.

RESTRICTIONS
Investments You may allocate amounts under the Contract to one or more of the Sub-accounts available to you. Certain Sub-accounts are closed to new investors and only available to Contract Owners who have been continuously invested in them as of a certain date. Once a Contract Owner has transferred the entire value out of one of these closed Sub-accounts, the Sub-account is no longer available to the Contract Owner for investment. A transfer charge may apply for each transfer in excess of 12 transfers in a Contract Year. You may also allocate money to the Symetra Fixed Account, which credits guaranteed interest rates. We reserve the right to add, combine, restrict or remove any Sub-account available as an investment option under your Contract.

We further reserve the right to restrict or remove the Symetra Fixed Account as an investment option available under the Contract. For more information, see INVESTMENT OPTIONS.
Optional Benefits The Guaranteed Minimum Death Benefit Annual Reset Rider ("GMDB - Annual Reset") was only available for Contracts purchased between April 30, 2004, and April 30, 2010.

The Earnings Enhancement Benefit Rider ("EEB") was available only for non-qualified Contracts purchased between April 30, 2004, and April 30, 2010.

For Contracts purchased on or after April 30, 2004, the maximum amount that we will add to your Contract to satisfy the guaranteed minimum death benefit, GMDB - Annual Reset, and EEB is limited to a total of $1 million.

For more information, see BENEFITS AVAILABLE UNDER THE CONTRACT.
TAXES
Tax Implications You should consult a competent tax professional about your individual circumstances to determine the tax implications of an investment in and purchase payments received under the Contract. There is no additional tax benefit if you purchased the Contract through a tax-qualified plan or individual retirement account (IRA). Access to amounts held in a qualified Contract may be restricted or prohibited.

All distributions other than death benefits, including surrenders, withdrawals and loans taken or secured by the Contract will be subject to ordinary income tax, and may be subject to tax penalties.

For more information, see TAXES.
CONFLICTS OF INTEREST
Investment Professional Compensation Investment professionals who solicited sales of the Contracts receive a portion of the commission payable to the broker-dealer firm, depending on the agreement between the broker-dealer and the investment professional. We pay commissions as a percentage of Purchase Payments invested in the Contract.

An investment professional may receive different compensation for selling different investment products and may have a financial incentive to offer or recommend one investment product over another.

For more information, see DISTRIBUTION.
Exchanges An investment professional may have a financial incentive to offer you a new contract in the place of a contract you already own.

You should not exchange this Contract for a new one unless you determine, after comparing the features fees and risks of both contracts, that the exchange is preferable for you.

For more information, see DISTRIBUTION.







EDGAR Contract Identifier: C000003366

APPENDIX: PORTFOLIOS AVAILABLE UNDER THE CONTRACT
The following is a list of Portfolios available under the Contract. More information about the Portfolios is available in the prospectuses for the Portfolios, which may be amended from time to time and can be found online at www.symetra.com/regulatoryreports. You can also request this information at no cost by calling 1-800-796-3872 or by sending an email request to [email protected].

The current expense and performance information below reflects fees and expenses of the Portfolios, but do not reflect the other fees and expenses that your Contract may charge. Expenses would be higher and performance would be lower if these other charges were included. Each Portfolio's past performance is not necessarily an indication of future performance.

TYPE FUND NAME AND ADVISOR
CURRENT EXPENSES
(As of 12/31/2023)
AVERAGE ANNUAL TOTAL RETURN
(As of 12/31/2023)
1 Year 5 Year 10 Year
Asset Allocation
LVIP American Century Balanced Fund Standard Class II
American Century Investment Management, Inc.
0.77%** 16.12% 8.20% NA
Taxable Bond
LVIP American Century Inflation Protection Fund Service Class
American Century Investment Management, Inc.
0.77%** 3.60% 2.90% 2.16%
International Equity
LVIP American Century International Fund Standard Class II
American Century Investment Management, Inc.
0.95%** 12.43% 8.12% 3.91%
U.S. Equity
LVIP American Century Large Company Value Fund Service Class
American Century Investment Management, Inc.
0.85%** 3.88% 10.53% 7.74%
U.S. Equity
LVIP American Century Ultra Fund Standard Class II (1) (2)
American Century Investment Management, Inc.
0.75%** 43.27% 19.07% 14.47%
U.S. Equity
LVIP American Century Ultra Fund Service Class (2)
American Century Investment Management, Inc.
0.90%** 43.51% 19.24% 14.64%
U.S. Equity
LVIP American Century Value Fund Standard Class II
American Century Investment Management, Inc.
0.71%** 9.02% 11.71% 8.36%
U.S. Equity
BNY Mellon Investment Portfolios MidCap Stock Portfolio - Initial Shares (3)
BNY Mellon Investment Advisors, Inc.
0.80%** 18.31% 10.70% 7.44%
Sector Equity
BNY Mellon Investment Portfolios Technology Growth Portfolio - Initial Shares
BNY Mellon Investment Advisors, Inc.
0.78% 59.42% 15.59% 13.22%
U.S. Equity
BNY Mellon Stock Index Fund, Inc. - Service Shares
BNY Mellon Investment Advisors, Inc.
0.52% 25.60% 15.09% 11.47%
U.S. Equity
BNY Mellon Sustainable U.S. Equity Portfolio, Inc. - Initial Shares
BNY Mellon Investment Advisors, Inc.
0.67% 23.82% 15.13% 10.46%
U.S. Equity
BNY Mellon Variable Investment Fund Appreciation Portfolio - Initial Shares (3)
BNY Mellon Investment Advisors, Inc.
0.85% 20.97% 16.23% 11.09%
International Equity
CVT EAFE International Index Portfolio - Class F
Calvert Research and Management
0.68%** 17.53% 7.61% 3.58%
Taxable Bond
CVT Investment Grade Bond Index Portfolio - Class I
Calvert Research and Management
0.32%** 5.47% 1.06% 1.68%
U.S. Equity
CVT Nasdaq - 100 Index Portfolio - Class I
Calvert Research and Management
0.48%** 54.40% 22.09% 17.29%
U.S. Equity
CVT Russell 2000 Small Cap Index Portfolio - Class F
Calvert Research and Management
0.59%** 16.60% 9.69% 6.77%
U.S. Equity
CVT S&P MidCap 400 Index Portfolio - Class F
Calvert Research and Management
0.53%** 15.89% 12.06% 8.66%
Asset Allocation
Calvert VP SRI Balanced Portfolio - Class I
Calvert Research and Management
0.33%** 16.82% 10.27% 7.46%
U.S. Equity
DWS Capital Growth VIP - Class B
DWS Investment Management Americas, Inc.
0.76% 38.17% 17.27% 13.28%
International Equity
DWS CROCI® International VIP - Class A
DWS Investment Management Americas, Inc.
0.84%** 18.94% 7.10% 2.14%

TYPE FUND NAME AND ADVISOR
CURRENT EXPENSES
(As of 12/31/2023)
AVERAGE ANNUAL TOTAL RETURN
(As of 12/31/2023)
1 Year 5 Year 10 Year
Asset Allocation
DWS Global Income Builder VIP - Class A (4)
DWS Investment Management Americas, Inc.
0.65% 14.89% 7.11% 5.19%
International Equity
DWS Global Small Cap VIP - Class B
DWS Investment Management Americas, Inc.
1.15%** 24.56% 9.12% 3.81%
International Equity
DWS International Growth VIP - Class B
DWS Investment Management Americas, Inc.
1.13%** 15.77% 7.33% 4.17%
Taxable Bond
Federated Hermes High Income Bond Fund II - Primary Shares (3)
Federated Investment Management Company
0.81%** 12.71% 4.75% 4.13%
Asset Allocation
Federated Hermes Managed Volatility Fund II - Primary Shares (5)
Federated Global Investment Management Corp. ("Fed Global")Federated Investment Management Company ("FIMCO") and Federated Equity Management Company of Pennsylvania ("FEMCOPA")
0.97%** 8.68% 6.15% 4.19%
Asset Allocation
Fidelity® VIP Asset Manager Portfolio - Initial Class (5)
Fidelity Management & Research Company (FMR) is the fund's Investment Advisor. FMR UK, FMR HK and FMR Japan serve as sub-advisers for the fund. (*)
0.53% 12.94% 7.48% 5.40%
U.S. Equity
Fidelity® VIP ContrafundSM Portfolio - Initial Class
Fidelity Management & Research Company (FMR) is the fund's Investment Advisor. FMR UK, FMR HK and FMR Japan serve as sub-advisers for the fund. (*)
0.56% 33.45% 16.65% 11.61%
U.S. Equity
Fidelity® VIP Equity-Income Portfolio℠ - Initial Class
Fidelity Management & Research Company (FMR) is the fund's Investment Advisor. FMR UK, FMR HK and FMR Japan serve as sub-advisers for the fund. (*)
0.47% 10.65% 12.30% 8.58%
Target Date Fidelity® VIP Freedom 2010 Portfolio℠ - Service Class 2
Fidelity Management & Research Company (FMR) is the fund's Investment Advisor. (*) 		0.65% 9.18% 5.28% 4.30%
Target Date Fidelity® VIP Freedom 2015 Portfolio℠ - Service Class 2
Fidelity Management & Research Company (FMR) is the fund's Investment Advisor. (*) 		0.68% 10.64% 6.29% 4.93%
Target Date Fidelity® VIP Freedom 2020 Portfolio℠ - Service Class 2
Fidelity Management & Research Company (FMR) is the fund's Investment Advisor. (*) 		0.72% 12.22% 7.22% 5.48%
Target Date Fidelity® VIP Freedom 2025 Portfolio℠ - Service Class 2
Fidelity Management & Research Company (FMR) is the fund's Investment Advisor. (*) 		0.74% 13.32% 7.98% 5.93%
Target Date Fidelity® VIP Freedom 2030 Portfolio℠ - Service Class 2
Fidelity Management & Research Company (FMR) is the fund's Investment Advisor. (*) 		0.77% 14.46% 9.02% 6.59%
Target Date Fidelity® VIP Freedom Income Portfolio℠ - Service Class 2
Fidelity Management & Research Company (FMR) is the fund's Investment Advisor. (*) 		0.62% 7.65% 3.68% 3.13%
Money Market
Fidelity® VIP Government Money Market Portfolio - Service Class 2
Fidelity Management & Research Company (FMR) is the fund's Investment Advisor. FMR UK, FMR HK and FMR Japan serve as sub-advisers for the fund. (*)
0.52% 4.63% 1.57% 0.97%
U.S. Equity
Fidelity® VIP Growth Opportunities Portfolio - Initial Class (4)
Fidelity Management & Research Company (FMR) is the fund's Investment Advisor. FMR UK, FMR HK and FMR Japan serve as sub-advisers for the fund. (*)
0.59% 45.65% 19.09% 15.73%
U.S. Equity
Fidelity® VIP Growth Portfolio - Initial Class (3)
Fidelity Management & Research Company (FMR) is the fund's Investment Advisor. FMR UK, FMR HK and FMR Japan serve as sub-advisers for the fund. (*)
0.58% 36.24% 19.64% 14.80%
U.S. Equity
Fidelity® VIP Growth & Income Portfolio - Initial Class
Fidelity Management & Research Company (FMR) is the fund's Investment Advisor. FMR UK, FMR HK and FMR Japan serve as sub-advisers for the fund. (*)
0.58% 18.72% 14.79% 10.27%
U.S. Equity
Fidelity® VIP Mid Cap Portfolio - Service Class 2
Fidelity Management & Research Company (FMR) is the fund's Investment Advisor. FMR UK, FMR HK and FMR Japan serve as sub-advisers for the fund. (*)
0.82% 14.80% 12.17% 7.85%
International Equity Fidelity® VIP Overseas Portfolio - Service Class 2
Fidelity Management & Research Company (FMR) is the fund's Investment Advisor. FMR UK, FMR HK, FMR Japan, FIA and FIA(UK) serve as sub-advisers for the fund. (*) 		0.98% 20.22% 9.71% 4.65%
Asset Allocation Franklin Allocation VIP Fund - Class 2
Franklin Advisers, Inc. Sub-advised by Brandywine Global Investment Management, LLC, ClearBridge Investments, LLC, Franklin Templeton Institutional, LLC, Templeton Global Advisors Limited, Western Asset Management Company, LLC, and Wester Asset Management Company Limited 		0.82%** 14.61% 7.57% 4.75%

TYPE FUND NAME AND ADVISOR
CURRENT EXPENSES
(As of 12/31/2023)
AVERAGE ANNUAL TOTAL RETURN
(As of 12/31/2023)
1 Year 5 Year 10 Year
U.S. Equity
Franklin DynaTech VIP Fund - Class 2
Franklin Advisers, Inc.
0.90%** 43.77% 13.76% 10.37%
Asset Allocation
Franklin Income VIP Fund - Class 2
Franklin Advisers, Inc.
0.71%** 8.62% 6.98% 5.01%
Asset Allocation
Franklin Mutual Shares VIP Fund - Class 2
Franklin Mutual Advisers, LLC
0.93% 13.46% 7.82% 5.43%
U.S. Equity
Franklin Small Cap Value VIP Fund - Class 2
Franklin Mutual Advisers, LLC
0.91%** 12.75% 11.06% 7.04%
U.S. Equity
Franklin Small-Mid Cap Growth VIP Fund - Class 2
Franklin Advisers, Inc.
1.08%** 26.74% 13.51% 8.96%
Taxable Bond
Franklin U.S. Government Securities VIP Fund - Class 2
Franklin Advisers, Inc.
0.77% 4.47% 0.22% 0.73%
U.S. Equity
Invesco V.I. Discovery Mid Cap Growth Fund - Series I (2) (6)
Invesco Advisers, Inc.
0.87% 13.15% 12.77% 9.79%
U.S. Equity
Invesco V.I. Discovery Mid Cap Growth Fund - Series II (2)
Invesco Advisers, Inc.
1.12% 12.85% 12.47% 9.52%
U.S. Equity
Invesco V.I. American Franchise Fund - Series I (2) (3)
Invesco Advisers, Inc.
0.86% 40.93% 16.16% 11.70%
U.S. Equity
Invesco V.I. American Franchise Fund - Series II
Invesco Advisers, Inc.
1.11% 40.60% 15.88% 11.42%
Sector Equity
Invesco V.I. Global Real Estate Fund - Series I (3)
Invesco Advisers, Inc. Sub-advised by Invesco Asset Management Limited
1.02% 9.05% 2.11% 3.10%
Sector Equity
Invesco V.I. Health Care Fund - Series I (5)
Invesco Advisers, Inc.
0.98% 3.02% 8.75% 6.87%
International Equity
Invesco V.I. EQV International Equity Fund - Series I (2) (6)
Invesco Advisers, Inc.
0.90% 17.86% 8.15% 4.07%
International Equity
Invesco V.I. EQV International Equity Fund - Series II (2)
Invesco Advisers, Inc.
1.15% 18.15% 8.42% 4.33%
U.S. Equity
Invesco V.I. Small Cap Equity Fund - Series II
Invesco Advisers, Inc.
1.20% 16.26% 12.14% 6.28%
U.S. Equity
LVIP JPMorgan Mid Cap Value Fund - Standard Class
Lincoln Investment Advisors Corporation Sub-advised by J.P. Morgan Investment Management Inc.
0.74% 10.91% 10.98% 8.05%
U.S. Equity
LVIP JPMorgan U.S. Equity Fund - Standard Class (4)
Lincoln Investment Advisors Corporation Sub-advised by J.P. Morgan Investment Management Inc.
0.69% 27.16% 17.15% 12.44%
Asset Allocation
Morningstar Aggressive Growth ETF Asset Allocation Portfolio - Class II
ALPS Advisors, Inc.
Sub-Advised by Morningstar Investment Management LLC
0.89%** 16.88% 10.04% 7.06%
Asset Allocation
Morningstar Balanced ETF Asset Allocation Portfolio - Class II
ALPS Advisors, Inc.
Sub-Advised by Morningstar Investment Management LLC
0.87%** 12.82% 6.68% 4.99%
Asset Allocation
Morningstar Conservative ETF Asset Allocation Portfolio - Class II
ALPS Advisors, Inc.
Sub-Advised by Morningstar Investment Management LLC
0.85%** 7.84% 2.56% 2.25%
Asset Allocation
Morningstar Growth ETF Asset Allocation Portfolio - Class II
ALPS Advisors, Inc.
Sub-Advised by Morningstar Investment Management LLC
0.88% 15.27% 8.64% 6.20%
Asset Allocation
Morningstar Income and Growth ETF Asset Allocation Portfolio - Class II
ALPS Advisors, Inc.
Sub-Advised by Morningstar Investment Management LLC
0.86%** 10.59% 4.74% 3.67%
U.S. Equity
Neuberger Berman AMT Mid Cap Growth Portfolio - Class S
Neuberger Berman Investment Advisers LLC
1.11%** 17.96% 11.86% 8.69%
U.S. Equity
Neuberger Berman AMT Mid Cap Intrinsic Value Portfolio - Class S
Neuberger Berman Investment Advisers LLC
1.26%** 10.69% 8.36% 5.88%
U.S. Equity
Neuberger Berman AMT Sustainable Equity Portfolio - Class S
Neuberger Berman Investment Advisers LLC
1.16% 26.57% 13.69% 9.74%

TYPE FUND NAME AND ADVISOR
CURRENT EXPENSES
(As of 12/31/2023)
AVERAGE ANNUAL TOTAL RETURN
(As of 12/31/2023)
1 Year 5 Year 10 Year
Asset Allocation
PIMCO All Asset Portfolio - Advisor Class
Pacific Investment Management Company LLC
2.285%** 8.02% 5.90% 3.93%
Commodities
PIMCO CommodityRealReturn® Strategy Portfolio - Administrative Class
Pacific Investment Management Company LLC
1.48%** (7.85)% 8.55% (0.80)%
Bond
Pioneer Bond VCT Portfolio - Class I Shares (7)
Amundi Asset Management US, Inc.
0.64% 6.51% 1.84% 2.26%
U.S. Equity
Pioneer Equity Income VCT Portfolio - Class II Shares
Amundi Asset Management US, Inc.
1.08% 6.76% 9.25% 8.21%
U.S. Equity
Pioneer Fund VCT Portfolio - Class I Shares (7)
Amundi Asset Management US, Inc.
0.80% 28.54% 16.93% 12.26%
Taxable Bond
Pioneer High Yield VCT Portfolio - Class II Shares
Amundi Asset Management US, Inc.
1.20%** 11.44% 3.86% 3.06%
U.S. Equity
Pioneer Mid Cap Value VCT Portfolio - Class I Shares (7)
Amundi Asset Management US, Inc.
0.80% 12.16% 12.74% 7.64%
U.S. Equity
Pioneer Select Mid Cap Growth VCT Portfolio - Class I Shares (7)
Amundi Asset Management US, Inc.
0.92% 18.13% 10.66% 8.77%
Taxable Bond
Pioneer Strategic Income VCT Portfolio - Class II Shares
Amundi Asset Management US, Inc.
1.06%** 7.81% 2.46% 2.42%
International Equity
Templeton Developing Markets VIP Fund - Class 2
Templeton Asset Management Ltd. Sub-advised by Franklin Templeton Investment Management Limited
1.35%** 12.62% 4.22% 2.32%
Taxable Bond
Templeton Global Bond VIP Fund - Class 2
Franklin Advisers, Inc.
0.75%** 2.88% (2.13)% (0.66)%
International Equity
Templeton Growth VIP Fund - Class 2
Templeton Global Advisors Limited
1.12%** 21.01% 6.47% 3.24%
Sector Equity
Vanguard VIF - Real Estate Index Portfolio
The Vanguard Group, Inc.
0.26% 11.70% 7.18% 7.29%
International Equity
Voya Global High Dividend Low Volatility Portfolio - Class S (5)
Voya Investments, LLC
0.85%** 6.43% 7.89% 5.90%
International Equity
VY JPMorgan Emerging Markets Equity Portfolio - Class I (8)
Voya Investments, LLC Sub-Advised by J.P. Morgan Investment Management, Inc.
1.19%** 6.81% 4.75% 3.84%


We do not guarantee that each Portfolio will be available for investment through the Contract.

1.This portfolio is only available if you have continuously invested in it since March 15, 2007
2.If Class I/Series I shares are available to a contract Owner, we will allocate investments to the Class I/Series I fund
3.This portfolio is only available if you have continuously invested in it since April 30, 2006
4.This portfolio is only available if you have continuously invested in it since April 30, 2003
5.This portfolio is only available if you have continuously invested in it since April 28, 2005
6.This portfolio is only available if you have continuously invested in it since March 14, 2006
7.This portfolio is only available if you have continuously invested in it since November 30, 2004
8.This portfolio is only available if you have continuously invested in it since April 30, 2000

* Fidelity, the Fidelity Investments Logo, Contrafund, Equity Income, VIP Freedom 2010 Portfolio, VIP Freedom 2015 Portfolio, VIP Freedom 2020 Portfolio, VIP Freedom 2025 Portfolio, VIP Freedom 2030 Portfolio, VIP Freedom Income Portfolio are registered service marks of FMR LLC. Used with permission.

** Annual expenses reflect temporary fee reductions.