Strategy. Allspring Global Investments, LLC (Allspring Investments), the subadviser to the Portfolio (the Subadviser), invests the Portfolios assets, under normal circumstances, in equity securities of small companies whose stock price appears to be below their underlying value and who exhibit the potential for above average capital growth. Under normal circumstances, the Portfolio expects to invest at least 80% of its net assets in securities of companies that are considered small. The Portfolio considers a small company to be one whose market capitalization is within the range of capitalizations during the most recent 12-month period of companies in the Russell 2000 Index or the S&P Small Cap 600 Index at the time of investment (based on month-end data). The Portfolio may invest … Show more… Allspring Global Investments, LLC (Allspring Investments), the subadviser to the Portfolio (the Subadviser), invests the Portfolios assets, under normal circumstances, in equity securities of small companies whose stock price appears to be below their underlying value and who exhibit the potential for above average capital growth. Under normal circumstances, the Portfolio expects to invest at least 80% of its net assets in securities of companies that are considered small. The Portfolio considers a small company to be one whose market capitalization is within the range of capitalizations during the most recent 12-month period of companies in the Russell 2000 Index or the S&P Small Cap 600 Index at the time of investment (based on month-end data). The Portfolio may invest up to 25% of its assets in foreign securities and up to 15% of its assets in real estate investment trusts (REITs). The Portfolio may, from time to time, emphasize one or more sectors. In identifying companies in which to invest, the Subadviser may consider, among other factors, a companys financial strength, its management, its cash flow, its use of financial leverage, and its price-to-earnings ratio. The Subadviser also may consider the prospects for a companys industry, whether or not the company is out of favor in the marketplace as reflected in the companys stock price, and whether or not the company is undergoing a reorganization or other change that may create a more favorable outlook going forward. The Portfolio will generally sell an investment when there has been a fundamental change in the business or capital structure of the company which significantly affects the investments inherent value, when a portfolio holdings stock price nears its intrinsic value appreciation target, the industry or general market environment becomes unfavorable, or the Subadviser identifies a more attractive investment opportunity. Show less