Strategy. Wellington Management Company LLP (Wellington Management or Subadviser), subadviser to the Portfolio, invests the Portfolios assets, under normal circumstances, primarily in equity securities of U.S. companies and, to a lesser extent, of foreign companies. Under normal circumstances, the Portfolio invests at least 80% of its net assets in securities of large-capitalization companies. The Portfolio considers a company to be a large-capitalization company if it has a market capitalization at the time of purchase that falls within the market capitalization range of companies included in the Russell 1000 Index or the S&P 500 Index. As of December 31, 2024, the lowest capitalization of companies in the Russell 1000 Index was $205.2 million, while the lowest capitalization of companies in the S&P … Show more… Wellington Management Company LLP (Wellington Management or Subadviser), subadviser to the Portfolio, invests the Portfolios assets, under normal circumstances, primarily in equity securities of U.S. companies and, to a lesser extent, of foreign companies. Under normal circumstances, the Portfolio invests at least 80% of its net assets in securities of large-capitalization companies. The Portfolio considers a company to be a large-capitalization company if it has a market capitalization at the time of purchase that falls within the market capitalization range of companies included in the Russell 1000 Index or the S&P 500 Index. As of December 31, 2024, the lowest capitalization of companies in the Russell 1000 Index was $205.2 million, while the lowest capitalization of companies in the S&P 500 Index was $3.4 billion as of that date. Equity securities may include common stocks, preferred stocks, American Depositary Receipts (ADRs), rights and warrants. In managing the Portfolio, Wellington Management allocates the Portfolios assets across a variety of industries, selecting companies in each industry based on the research of Wellington Managements team of global industry analysts. The Portfolio typically seeks to maintain representation in each major industry represented by broad-based, large cap U.S. equity indices. The Portfolio may, from time to time, emphasize one or more sectors. Wellington Management may invest up to 15% of the Portfolios total net assets in securities of foreign issuers and non-dollar denominated securities. In analyzing a prospective investment for the Portfolio, Wellington Management utilizes a bottom-up approach, which is the use of fundamental analysis to identify specific securities for purchase or sale. Fundamental analysis of a company involves the assessment of a variety of factors, including the companys business environment, management quality, balance sheet, income statement, anticipated earnings, revenues and dividends, and other related measures or indicators of valuation and growth potential. Show less