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Domestic Equity

Main Street Small Cap Fund®/VA

The Strategy typically invests in a diversified mix of small-cap U.S. company stocks.

Investment Style
Small Cap Core
Fund Inception
May 1, 1998
Total Assets (all classes) (as of 8/31/2017)
$1.04 billion
Fund Index
Russell 2000
NAV (as of 9/25/17)
  • A
$24.86

Equity

Fixed Income

Municipal Bond
performance
analytics
holdings
as of 8/31/2017
  • B
as of 6/30/2017
  • B

Include Sales Charge
Include Sales Charge
Include Sales Charge
Include Sales Charge
  • B
Cumulative
Annualized
ytd as of 9/25/17
  • C
1 yr 3 yr 5 yr 10 yr since inception
Main Street Small Cap Fund®/VA (NAV)
10.04% 22.74% 8.37% 15.07% 7.43% 8.45%
Cumulative
Annualized
ytd as of 9/25/17
  • C
1 yr 3 yr 5 yr 10 yr since inception
Main Street Small Cap Fund®/VA (with sales charge)
10.04% 22.74% 8.37% 15.07% 7.43% 8.45%
Cumulative
Annualized
ytd as of 9/25/17
  • C
1 yr 3 yr 5 yr 10 yr since inception
Main Street Small Cap Fund®/VA (NAV)
10.04% 15.48% 7.44% 14.24% 8.00% 8.31%
Cumulative
Annualized
ytd as of 9/25/17
  • C
1 yr 3 yr 5 yr 10 yr since inception
Main Street Small Cap Fund®/VA (with sales charge)
10.04% 15.48% 7.44% 14.24% 8.00% 8.31%
Gross Expense Ratio: 0.81% | Net Expense Ratio: 0.80%

The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. The Fund's total returns should not be expected to be the same as the returns of other funds, whether or not both funds have the same portfolio managers and/or similar names. The Fund's total returns include reinvested distributions but do not include the charges associated with the separate account products that offer this Fund. Such performance would have been lower if such charges were taken into account.


Year Main Street Small Cap Fund®/VA Russell 2000
1998 0.00% -
1999 46.56% 24.14%
2000 -18.34% 4.27%
2001 -0.36% 1.22%
2002 -15.75% -17.80%
2003 44.36% 45.51%
2004 19.42% 18.29%
2005 9.92% 8.11%
2006 15.00% 16.17%
2007 -1.21% 1.38%
2008 -37.83% -36.79%
2009 37.20% 34.39%
2010 23.41% 26.71%
2011 -2.21% -2.51%
2012 17.99% 17.88%
2013 41.01% 39.39%
2014 11.93% 4.89%
2015 -5.90% -4.41%
2016 18.05% 21.31%

The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. The Fund's total returns should not be expected to be the same as the returns of other funds, whether or not both funds have the same portfolio managers and/or similar names. The Fund's total returns include reinvested distributions but do not include the charges associated with the separate account products that offer this Fund. Such performance would have been lower if such charges were taken into account.


Date Main Street Small Cap Fund®/VA Russell 2000® Index (Linked Index) MSCI World S&P 500
8/31/2007 0.00 0.00 0.00 0.00
9/30/2007 1.21 2.35 4.76 3.74
10/31/2007 4.00 4.98 7.97 5.39
11/30/2007 -3.47 -1.45 3.56 0.98
12/31/2007 -4.21 -2.06 2.22 0.28
1/31/2008 -10.95 -8.05 -5.59 -5.73
2/29/2008 -13.05 -10.57 -6.14 -8.79
3/31/2008 -14.22 -11.24 -7.04 -9.19
4/30/2008 -9.92 -6.46 -2.15 -4.77
5/31/2008 -5.11 -2.02 -0.66 -3.53
6/30/2008 -12.88 -10.01 -8.58 -11.66
7/31/2008 -11.87 -9.38 -10.82 -12.41
8/31/2008 -9.52 -6.79 -12.07 -11.14
9/30/2008 -18.14 -16.06 -22.53 -19.06
10/31/2008 -35.64 -34.14 -37.22 -32.65
11/30/2008 -44.47 -41.28 -41.28 -37.48
12/31/2008 -40.45 -38.09 -39.40 -36.82
1/31/2009 -47.10 -43.67 -44.71 -42.14
2/28/2009 -53.98 -49.76 -50.37 -48.30
3/31/2009 -48.82 -45.17 -46.62 -43.78
4/30/2009 -35.83 -36.72 -40.64 -38.40
5/31/2009 -32.71 -34.79 -35.26 -34.95
6/30/2009 -32.59 -34.05 -35.55 -34.82
7/31/2009 -27.09 -28.10 -30.09 -29.89
8/31/2009 -25.56 -25.17 -27.21 -27.36
9/30/2009 -21.53 -20.83 -24.30 -24.65
10/31/2009 -25.90 -25.41 -25.65 -26.05
11/30/2009 -23.46 -22.40 -22.61 -21.61
12/31/2009 -18.30 -16.80 -21.22 -20.10
1/31/2010 -21.42 -19.59 -24.48 -22.97
2/28/2010 -17.67 -15.59 -23.41 -20.59
3/31/2010 -11.22 -9.14 -18.67 -15.79
4/30/2010 -7.39 -4.84 -18.66 -14.47
5/31/2010 -13.90 -11.92 -26.45 -21.30
6/30/2010 -19.38 -18.21 -28.97 -25.42
7/31/2010 -14.76 -12.46 -23.21 -20.19
8/31/2010 -20.64 -17.64 -26.08 -23.79
9/30/2010 -11.45 -8.22 -19.19 -16.99
10/31/2010 -7.91 -4.70 -16.18 -13.83
11/30/2010 -5.57 -2.02 -17.99 -13.82
12/31/2010 0.83 5.42 -11.96 -8.06
1/31/2011 1.57 6.83 -9.97 -5.88
2/28/2011 5.45 12.04 -6.81 -2.66
3/31/2011 7.84 14.59 -7.73 -2.62
4/30/2011 11.35 17.90 -3.81 0.26
5/31/2011 10.08 16.48 -5.81 -0.87
6/30/2011 8.53 13.92 -7.30 -2.52
7/31/2011 3.77 9.58 -8.98 -4.51
8/31/2011 -4.62 0.61 -15.39 -9.69
9/30/2011 -14.44 -10.26 -22.70 -16.04
10/31/2011 -0.94 2.90 -14.71 -6.87
11/30/2011 -1.40 2.54 -16.79 -7.07
12/31/2011 -1.40 2.77 -16.83 -6.12
1/31/2012 6.01 9.60 -12.66 -1.91
2/29/2012 10.83 13.67 -8.39 2.33
3/31/2012 12.78 16.12 -7.22 5.69
4/30/2012 11.06 15.27 -8.27 5.03
5/31/2012 3.08 7.39 -16.19 -1.28
6/30/2012 8.19 11.31 -11.92 2.79
7/31/2012 7.26 10.55 -10.79 4.21
8/31/2012 10.90 14.52 -8.52 6.56
9/30/2012 12.29 17.50 -6.01 9.31
10/31/2012 10.73 16.27 -6.65 7.30
11/30/2012 12.81 18.06 -5.45 7.92
12/31/2012 16.33 21.14 -3.67 8.90
1/31/2013 25.63 29.42 1.23 14.54
2/28/2013 28.06 30.91 1.40 16.10
3/31/2013 34.01 36.71 3.78 20.45
4/30/2013 33.66 36.21 7.04 22.77
5/31/2013 38.28 41.65 7.09 25.64
6/30/2013 39.03 40.93 4.45 23.96
7/31/2013 46.87 50.79 9.95 30.26
8/31/2013 44.57 46.00 7.61 26.49
9/30/2013 53.54 55.31 12.99 30.46
10/31/2013 55.90 59.22 17.41 36.46
11/30/2013 59.91 65.60 19.50 40.61
12/31/2013 64.05 68.86 22.02 44.17
1/31/2014 61.92 64.18 17.50 39.19
2/28/2014 69.71 71.92 23.39 45.56
3/31/2014 70.89 70.75 23.57 46.78
4/30/2014 64.93 64.13 24.83 47.86
5/31/2014 65.82 65.44 27.29 51.34
6/30/2014 71.46 74.24 29.57 54.46
7/31/2014 64.27 63.70 27.50 52.33
8/31/2014 74.01 71.81 30.31 58.43
9/30/2014 63.64 61.42 26.77 56.20
10/31/2014 76.57 72.06 27.59 60.02
11/30/2014 79.75 72.21 30.15 64.32
12/31/2014 83.62 77.12 28.05 63.91
1/31/2015 76.30 71.43 25.73 58.99
2/28/2015 87.29 81.60 33.09 68.13
3/31/2015 89.36 84.77 31.01 65.47
4/30/2015 83.55 80.05 34.08 67.05
5/31/2015 88.19 84.16 34.55 69.20
6/30/2015 89.98 85.54 31.42 65.93
7/31/2015 87.30 83.39 33.78 69.40
8/31/2015 76.44 71.86 24.92 59.18
9/30/2015 67.53 63.43 20.32 55.24
10/31/2015 75.80 72.64 29.85 68.34
11/30/2015 81.06 78.25 29.20 68.84
12/31/2015 72.80 69.30 26.93 66.18
1/31/2016 59.99 54.42 19.34 57.93
2/29/2016 60.80 54.41 18.45 57.72
3/31/2016 72.55 66.73 26.49 68.42
4/30/2016 74.50 69.35 28.49 69.07
5/31/2016 79.12 73.16 29.21 72.11
6/30/2016 77.81 73.06 27.76 72.55
7/31/2016 86.45 83.39 33.16 78.91
8/31/2016 86.88 86.63 33.27 79.17
9/30/2016 86.12 88.71 33.98 79.20
10/31/2016 81.29 79.74 31.39 75.93
11/30/2016 97.72 99.78 33.28 82.45
12/31/2016 103.99 105.38 36.47 86.05
1/31/2017 106.36 106.19 39.76 89.58
2/28/2017 111.19 110.17 43.64 97.11
3/31/2017 112.12 110.44 45.17 97.34
4/30/2017 116.27 112.75 47.32 99.36
5/31/2017 111.61 108.42 50.43 102.17
6/30/2017 118.24 115.63 51.01 103.43
7/31/2017 118.51 117.23 54.63 107.62
8/31/2017 115.80 114.47 54.84 108.25

The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. The Fund's total returns should not be expected to be the same as the returns of other funds, whether or not both funds have the same portfolio managers and/or similar names. The Fund's total returns include reinvested distributions but do not include the charges associated with the separate account products that offer this Fund. Such performance would have been lower if such charges were taken into account.

$ per share as of 9/25/2017

Date 2013 2014 2015 2016 2017
Short Term 1.9186 0.0990
Long Term 0.2920 2.0665 3.7494 0.8374 1.3571
Total Amount of Distribution 0.2920 3.9851 3.8484 0.8374 1.3571
Record Date 6/17/13 6/16/14 6/15/15 6/20/16 6/19/17
Ex Div Date 6/18/13 6/17/14 6/16/15 6/21/16 6/20/17
Pay Date 6/19/13 6/18/14 6/16/15 6/21/16 6/20/17

There is no guarantee of the payment of any dividend or other distributions at any level.

Analytics

(As of 8/31/2017)

Morningstar 8/31/2017 (based on risk adjusted performance)
Overall Rating
Number of Funds
85
Category
Small Blend
Performance Statistics
3Y
5Y
Alpha
0.38
2.07
Information Ratio
-0.08
0.26
Upside Capture
94.89
94.70
Downside Capture
94.09
84.28
Sharpe Ratio
0.57
1.10
R-Squared
95.76
94.52
Standard Deviation
13.66
12.64
Sortino Ratio
0.27
0.57
Win Ratio
50.00
55.00
Loss Ratio
50.00
45.00
Beta
0.91
0.89
Tracking Error
3.11
3.32
Dividends
  • D
Est. Frequency
Annual
Last Pay Date
6/20/2017
Per Share ($)
$0.22
Net Income
7.40%
Net Profit from Sale
44.00%
Other Capital Sources
48.60%
12-Month Distribution ($)
$0.22
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$2.60 B
$2.10 B
Median Market Cap (weighted)
$2.50 B
$1.90 B
Trailing P/E
30.14
35.29
Forward P/E
19.66
23.07
Price/Book
2.27
2.29
Debt to Capital Ratio
43.58
38.13
Turnover Ratio
65.00%
-

Top Issuers

(33.5% of assets as of 08/31/17)


Portfolio Holdings Breakdown

Country 4
Developed Markets 4
Equity Sector 4
Industry 4
Asset Allocation 4
Market Cap 5
Country Main Street Small Cap Fund®/VA Russell 2000 Overweight / Underweight
United States 97.2% 99.7% -2.5%
Canada 0.9% 0.1% 0.9%
Bermuda 0.7% 0.1% 0.6%
Belgium 0.3% - -
Developed Markets Main Street Small Cap Fund®/VA Russell 2000 Overweight / Underweight
Americas 98.8% 99.9% -1.1%
Europe 0.3% 0.1% 0.2%
Equity Sector Main Street Small Cap Fund®/VA Russell 2000 Overweight / Underweight
Industrials 19.3% 14.5% 4.7%
Information Technology 18.6% 17.2% 1.3%
Financials 16.7% 17.7% -1.0%
Consumer Discretionary 11.2% 12.0% -0.8%
Health Care 10.8% 15.7% -4.9%
Real Estate 7.2% 7.6% -0.4%
Materials 5.6% 4.4% 1.2%
Utilities 3.9% 3.9% 0.0%
Energy 3.1% 3.3% -0.2%
Consumer Staples 2.7% 2.6% 0.1%
Industry Main Street Small Cap Fund®/VA Russell 2000 Overweight / Underweight
Banks 10.9% 10.0% 0.8%
Software 6.6% 3.7% 2.8%
Equity Real Estate Investment Trusts (REITs) 6.1% 7.1% -1.0%
Semiconductors & Semiconductor Equipment 5.2% 3.2% 2.1%
Professional Services 3.8% 1.2% 2.6%
Health Care Equipment & Supplies 3.7% 3.8% -0.1%
Internet Software & Services 3.6% 3.1% 0.5%
Machinery 3.6% 3.6% 0.0%
Commercial Services & Supplies 3.5% 2.5% 1.0%
Specialty Retail 3.4% 2.0% 1.5%
Biotechnology 2.9% 6.1% -3.2%
Oil Gas & Consumable Fuels 2.8% 2.1% 0.8%
Metals & Mining 2.8% 1.4% 1.4%
Pharmaceuticals 2.7% 2.1% 0.6%
IT Services 2.7% 1.9% 0.8%
Hotels Restaurants & Leisure 2.4% 3.2% -0.8%
Thrifts & Mortgage Finance 2.3% 2.3% -0.1%
Construction & Engineering 2.1% 1.2% 0.9%
Electric Utilities 1.9% 1.2% 0.8%
Auto Components 1.8% 1.2% 0.7%
Asset Allocation Main Street Small Cap Fund®/VA Russell 2000 Overweight / Underweight
Equity 99.1% 100.0% -0.9%
Market Cap Main Street Small Cap Fund®/VA Russell 2000 Overweight / Underweight
Small 90.0% 96.4% -6.4%
Mid 9.1% 3.5% 5.6%
  1. 1. Special Risks: Small-sized company stock is typically more volatile than that of larger company stock. It may take a substantial period of time to realize a gain on an investment in a small-sized company, if any gain is realized at all. Diversification does not guarantee profit or protect against loss.
  2. 2. The net expense ratio (where applicable) also takes into account contractual fee waivers and/or expense reimbursements without which performance would have been less. These undertakings may not be amended or withdrawn for one year from the date of the current prospectus, unless approved by the Board.
  3. 3. Access index definitions.
  4. 4. Holdings are subject to change, and are dollar weighted based on total net assets. Negative weightings may result from the use of leverage. Leverage involves the use of various financial instruments or borrowed capital in an attempt to increase investment return. Leverage risks include potential for higher volatility, greater decline of the fund's net asset value and fluctuations of dividends and distributions paid by the fund.
  5. 5. Holdings are subject to change, are dollar-weighted based on assets, and may not reflect the use of leverage in the Fund. Market Cap breakdown is calculated using Morningstar's methodology and those capitalization standards may not align with those in the Fund’s prospectus.
  6. A. Daily net asset value and dollar change of the fund is as of the previous business day's closing. Fund net asset values are updated at approximately 7:00pm ET daily.
  7. B. The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. The Fund's total returns should not be expected to be the same as the returns of other funds, whether or not both funds have the same portfolio managers and/or similar names. The Fund's total returns include reinvested distributions but do not include the charges associated with the separate account products that offer this Fund. Such performance would have been lower if such charges were taken into account.
  8. C. "Year to Date" returns are cumulative, not annualized, and do not reflect sales charges (if sales charges are applicable to the Fund). These returns would be lower if sales charges were taken into consideration. Short-term returns may not be indicative of longer-term performance, which should also be considered when making investment decisions.
  9. D. There is no guarantee of the payment of any dividend or other distributions at any level.
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