# EDGAR Filing Document

**Accession Number:** 0000914036
**File Stem:** 0001193125-25-234199
**Filing Date:** 2025-10
**Character Count:** 6584
**Document Hash:** ce9aa7e2b283780b23841a24dfbdfe29
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-234199.hdr.sgml**: 20251008

**ACCESSION NUMBER**: 0001193125-25-234199

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20251008

**DATE AS OF CHANGE**: 20251008

**EFFECTIVENESS DATE**: 20251008

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LINCOLN VARIABLE INSURANCE PRODUCTS TRUST
- **CENTRAL INDEX KEY:** 0000914036

**ORGANIZATION NAME:**
- **EIN:** 521835648
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-70742
- **FILM NUMBER:** 251381594

**BUSINESS ADDRESS:**
- **STREET 1:** 1301 SOUTH HARRISON STREET
- **CITY:** FORT WAYNE
- **STATE:** IN
- **ZIP:** 46802
- **BUSINESS PHONE:** 260-455-2000

**MAIL ADDRESS:**
- **STREET 1:** 1301 SOUTH HARRISON STREET
- **CITY:** FORT WAYNE
- **STATE:** IN
- **ZIP:** 46802

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AGGRESSIVE GROWTH FUND /
- **DATE OF NAME CHANGE:** 20031001

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LINCOLN VARIABLE INSURANCE PRODUCTS TRUST
- **DATE OF NAME CHANGE:** 20030910

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LINCOLN NATIONAL AGGRESSIVE GROWTH FUND INC
- **DATE OF NAME CHANGE:** 19931025

## Series and Classes Contracts Data

### LVIP Macquarie High Yield Fund (Series ID: S000070166)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000223152 | Standard Class |  |
| C000223153 | Service Class  |  |

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> **LINCOLN VARIABLE INSURANCE PRODUCTS TRUST**<br>**LVIP Macquarie Diversified Floating Rate Fund**<br>**LVIP Macquarie High Yield Fund**<br>**LVIP Macquarie Mid Cap Value Fund**<br>**LVIP Macquarie SMID Cap Core Fund**<br>**LVIP Macquarie Social Awareness Fund**<br>**LVIP Macquarie U.S. Growth Fund**<br>**LVIP Macquarie U.S. REIT Fund**<br>**Supplement Dated October 8, 2025**<br> **Summary and Statutory Prospectuses dated May 1, 2025**<br>***Unless otherwise defined in this supplement, capitalized terms used in this***<br> ***supplement have the meanings assigned to them in the Summary and Statutory Prospectuses***<br>

This Supplement updates certain information in the Summary and Statutory Prospectuses for the LVIP Macquarie Diversified Floating Rate Fund, LVIP Macquarie High Yield Fund, LVIP Macquarie Mid Cap Value Fund, LVIP Macquarie SMID Cap Core Fund, LVIP Macquarie Social Awareness Fund, LVIP Macquarie U.S. Growth Fund and LVIP Macquarie U.S. REIT Fund (the "Funds"). You may obtain copies of the Funds' Summary and Statutory Prospectuses free of charge, upon request, by calling toll-free 866-436-8717 or at www.lincolnfinancial.com/lvip.

At a meeting of the Board of Trustees (the "Board") of Lincoln Variable Insurance Products Trust (the "Trust") held on September 9-10, 2025, the Board approved (i) a new sub-advisory agreement between Lincoln Financial Investments Corporation ("LFI") and Nomura Investments Fund Advisers, a series of Nomura Investment Management Business Trust ("NIFA") with respect to the Funds and (ii) a new sub-sub-advisory agreement between NIFA and Macquarie Investment Management Global Limited with respect to the LVIP Macquarie U.S. Growth Fund and LVIP Macquarie U.S. REIT Fund (together, the "New Sub-Advisory Agreements"). The New Sub-Advisory Agreements were approved in connection with the acquisition of Macquarie Asset Management's ("MAM") U.S. and European public investments business (the "Acquisition"), including the business of Delaware Investments Fund Advisers ("DIFA"), the subadviser to the Funds, by Nomura Holding America Inc. ("Nomura"). The New Sub-Advisory Agreements will become effective on the closing date of the Acquisition, which is expected to be on or about November 1, 2025 (the "Acquisition Date"). Following the Acquisition, DIFA will remain sub-adviser of the Funds (although DIFA will be renamed NIFA on the Acquisition Date). The Acquisition will not affect the fees or expenses of the Funds, the level or scope of services to be rendered to the Funds or the fees payable by LFI to NIFA.

**As of the Acquisition Date, the Funds' Summary and Statutory Prospectuses are revised as follows:** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.** **All references to, and information regarding, Macquarie Investment Management Global Limited, with respect to the LVIP Macquarie SMID Cap Core Fund, LVIP Macquarie Mid Cap Value Fund, and LVIP Macquarie Social Awareness Fund are deleted in their entirety.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.** **All references to, and information regarding, Macquarie Investment Management Global Limited, Macquarie Investment Management Austria Kapitalanlage AG, and Macquarie Investment Management Europe Ltd., with respect to the LVIP Macquarie Diversified Floating Rate Fund, and LVIP Macquarie High Yield Fund are deleted in their entirety.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.** **Vivek Bommi, CFA, will no longer be a portfolio manager to LVIP Macquarie High Yield Fund (the "Fund"). John P. McCarthy, CFA, will continue to be a portfolio manager to the Fund. As of the Acquisition Date, all references to Vivek Bommi, CFA, are deleted in their entirety.** 

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.** **The Funds' names are changed as noted. All references to the Funds' names are revised accordingly.** 

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp; **Current Fund Name** | **New Fund Name (effective as of the Acquisition<br>Date)** |
| &nbsp;&nbsp;&nbsp; LVIP Macquarie Diversified Floating Rate Fund | LVIP Nomura Diversified Floating Rate Fund |
| &nbsp;&nbsp;&nbsp; LVIP Macquarie High Yield Fund | LVIP Nomura High Yield Fund |
| &nbsp;&nbsp;&nbsp; LVIP Macquarie Mid Cap Value Fund | LVIP Nomura Mid Cap Value Fund |
| &nbsp;&nbsp;&nbsp; LVIP Macquarie SMID Cap Core Fund | LVIP Nomura SMID Cap Core Fund |
| &nbsp;&nbsp;&nbsp; LVIP Macquarie Social Awareness Fund | LVIP Nomura Social Awareness Fund |
| &nbsp;&nbsp;&nbsp; LVIP Macquarie U.S. Growth Fund | LVIP Nomura U.S. Growth Fund |
| &nbsp;&nbsp;&nbsp; LVIP Macquarie U.S. REIT Fund | LVIP Nomura U.S. REIT Fund |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.** **Shareholders of the Funds will receive an Information Statement in the near future, as required under the Trust's Manager of Managers Exemptive Order with more detailed information about the Acquisition and the New Sub-Advisory Agreements.** 

**PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE**