Strategy. The Fund, under normal circumstances, seeks to achieve its objective by investing primarily in a diversified portfolio of equity securities. Lincoln Financial Investments Corporation serves as the Funds investment adviser. BlackRock Investment Management LLC (BlackRock or the Sub-Adviser) serves as the Funds sub-adviser. The Fund generally will employ a value-oriented analysis and under normal circumstances will invest at least 80% of its net assets in large capitalization, dividend paying, equity securities. The Fund may invest in securities of companies with any market capitalization, but generally focuses on large-cap securities. Equity securities include common stock (both growth and value stocks) and preferred stock. The Funds value-oriented analysis seeks to identify companies with stock prices that are incongruent, or mispriced, relative to … Show more… The Fund, under normal circumstances, seeks to achieve its objective by investing primarily in a diversified portfolio of equity securities. Lincoln Financial Investments Corporation serves as the Funds investment adviser. BlackRock Investment Management LLC (BlackRock or the Sub-Adviser) serves as the Funds sub-adviser. The Fund generally will employ a value-oriented analysis and under normal circumstances will invest at least 80% of its net assets in large capitalization, dividend paying, equity securities. The Fund may invest in securities of companies with any market capitalization, but generally focuses on large-cap securities. Equity securities include common stock (both growth and value stocks) and preferred stock. The Funds value-oriented analysis seeks to identify companies with stock prices that are incongruent, or mispriced, relative to the true intrinsic value of a company as reflected by its underlying fundamentals. The Fund may invest in convertible securities. The fund may invest up to 25% of the Funds assets in securities of foreign issuers. The Fund may invest in securities from any country, including emerging markets. The Fund may invest in securities denominated in both U.S. dollars and non-U.S. dollar currencies. The Fund may invest in real estate securities (including real estate investment trusts). Securities issued by certain companies organized outside the United States may not be deemed to be foreign securities (but rather deemed to be U.S. securities) if (i) the companys principal operations are conducted from the U.S., (ii) the companys equity securities trade principally on a U.S. stock exchange, (iii) the company does a substantial amount of business in the U.S or (iv) the issuer of securities is included in the Funds primary U.S. benchmark index.. For the equity dividend strategy, BlackRock selects investments that it believes will both increase in value over the long term and provide current income, focusing on investments that will do both, instead of those that will favor current income over capital appreciation. Show less