# EDGAR Filing Document

**Accession Number:** 0001091439
**File Stem:** 0001797318-25-000047
**Filing Date:** 2025-6
**Character Count:** 4419
**Document Hash:** 114f49cae0760f18920abd1ec1b15b5c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001797318-25-000047.hdr.sgml**: 20250630

**ACCESSION NUMBER**: 0001797318-25-000047

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250630

**DATE AS OF CHANGE**: 20250630

**EFFECTIVENESS DATE**: 20250630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALLIANZ VARIABLE INSURANCE PRODUCTS TRUST
- **CENTRAL INDEX KEY:** 0001091439

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-83423
- **FILM NUMBER:** 251090868

**BUSINESS ADDRESS:**
- **STREET 1:** 5701 GOLDEN HILLS DRIVE
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55416-1297
- **BUSINESS PHONE:** 763-765-6551

**MAIL ADDRESS:**
- **STREET 1:** 5701 GOLDEN HILLS DRIVE
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55416-1297

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USALLIANZ VARIABLE INSURANCE PRODUCTS TRUST
- **DATE OF NAME CHANGE:** 19990721

## Series and Classes Contracts Data

### AZL T. Rowe Price Capital Appreciation Fund (Series ID: S000009963)

---

|  |  |
|:---|:---|
| Class Name                                          | Class ID   |
| AZL T. Rowe Price Capital Appreciation Fund Class 1 | C000027545 |
| AZL T. Rowe Price Capital Appreciation Fund Class 2 | C000027546 |

---

## Series and Classes Contracts Data

### AZL T. Rowe Price Capital Appreciation Fund (Series ID: S000009963)

| Class ID   | Class Name                                          | Ticker Symbol   |
|:---|:---|:---|
| C000027545 | AZL T. Rowe Price Capital Appreciation Fund Class 1 |  |
| C000027546 | AZL T. Rowe Price Capital Appreciation Fund Class 2 |  |

#### ALLIANZ VARIABLE INSURANCE PRODUCTS TRUST

#### (the "Trust")
AZL<sup>®</sup> T. Rowe Price Capital Appreciation Fund

(the "Fund")

#### Supplement dated June 30, 2025

#### to the Prospectuses and Summary Prospectuses dated May 1, 2025
*This supplement updates certain information contained in the summary prospectus, prospectus, and SAI<br> and should be attached to the summary prospectus, prospectus, and SAI and retained for future reference.*

** 

<br> The following changes are made to the Funds' Summary Prospectus, Prospectus and SAI, as applicable:

Effective June 30, 2025:

Vivek Rajeswaran, Mike Signore, and Brian Solomon will become co-portfolio managers of the Fund. David R. Giroux will remain as the Fund's portfolio manager and sole chair of the Capital Appreciation Strategy's Investment Advisory Committee. Mr. Rajeswaran joined the Firm in 2012, and his investment experience dates from that time. During the past five years, he has served as an analyst in the U.S. Equity Division, an associate portfolio manager (beginning in 2023), and a portfolio manager (beginning in March 2025). Mr. Signore worked for the Firm from 2015 to 2018 and returned in 2020, and his investment experience dates from 2010. During the past five years, he has served as an analyst in the U.S. Equity Division, an associate portfolio manager (beginning in 2023), and a portfolio manager (beginning in March 2025). Mr. Solomon joined the Firm in 2015 and his investment experiences dates from that time. During the past five years, he has served as an analyst in the U.S. Equity Division, an associate portfolio manager (beginning in 2023), and a portfolio manager (beginning in March 2025).

The following is added under the section Other Managed Accounts in the SAI (as of March 31, 2025):

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; **Portfolio Manager**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Other Registered Investment Company Accounts/Assets Under Management**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Other Pooled Investment Vehicles/Assets Under Management**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Other Accounts/Assets Under Management**<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; Vivek Rajeswaran<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0/$0<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0/$0<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0/$0<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; Mike Signore<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0/$0<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0/$0<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0/$0<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; Brian Solomon<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1/$26.4 million<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0/$0<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0/$0<br>|

---

AZL-002-0525