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52467X609

ClearBridge Variable Large Cap Growth Portfolio

As of 01/08/2026

NAV 1

$48.58

 
 

If approved by shareholders, this fund will be reorganized into LVIP ClearBridge Large Cap Growth Fund sometime in the second quarter of 2026. Following the reorganization, Lincoln Financial Investments Corporation, a wholly owned subsidiary of The Lincoln National Life Insurance Company, would serve as adviser and investment manager to the fund. ClearBridge Investments, LLC, the fund’s current subadviser, would continue to serve as subadviser to the fund after the reorganization. Refer to the prospectus supplement for more information. This proposed reorganization is subject to the satisfaction of certain conditions, including the approval of fund shareholders. Date is subject to change.

Overview

ClearBridge Investments logo

Fund Description

  • Seeks to invest primarily in high-quality, large-cap companies that are dominant in their industries
  • Seeks long-term capital growth in a portfolio that is diversified to help manage risk
  • Emphasizes individual security selection and uses fundamental, bottom-up analysis to identify companies with the potential to grow earnings both in the U.S. and overseas

Meet Your Manager

ClearBridge Investments

ClearBridge Investments is a well-established global investment manager focusing on proprietary research and fundamental investing. With over 60 years of experience building portfolios for clients seeking income solutions, high active share or low-volatility, long-tenured portfolio managers provide strong leadership in a centralized investment structure.

Fund Information
Asset Class 
Equity
Total Net Assets  As of 12/31/2025 (Updated Monthly)
$574.62 Million
Fund Inception Date 
05/01/1998
Share Class Inception Date 
05/01/1998
Benchmark 
Russell 1000 Growth Index
Investment Style 
Growth
Morningstar Category2 
Large Growth
Lipper Classification 
N/A
Sales Charges, Expenses & Fees
As of 05/01/2025
Gross Expense Ratio3 
0.74%
Net Expense Ratio34 
0.74%
12b-1 Fee 
0.00%
Identifiers
Ticker 
QLMLOX
Fund Number 
7633
CUSIP Code 
52467X609
Bloomberg Code 
QLMLOX US

Portfolio Managers

Margaret Vitrano

Florida, United States

Managed Fund Since 2012

Erica Furfaro

New York, United States

Managed Fund Since 2024

Performance

Portfolio

Portfolio Holdings

Distributions & Tax

Final composition of the current year’s distribution—income, capital gains and/or return of capital—are based on US tax rules and will be determined by February of the following year. For tax characterization of a distribution, such as return of capital and tax-exempt income, click on the “Tax Information” tab above.

Distributions Per Share

Current Year Distributions Per Share
Distributions with future dates are estimates and those figures are not final
Record Date  
12/04/2025
Ex-Dividend Date  
12/05/2025
Reinvestment Date  
12/05/2025
Payable Date  
12/05/2025
Reinvestment Price  
$48.53000
Long-Term Capital Gains  
$2.97801
Short-Term Capital Gains  
$0.00000
Income  
Total Distribution Per Share  
$2.97801

Annually, a fund must distribute all realized capital gains net of realized losses, so the fund will not be subject to an entity level income tax. A fund’s capital gain distribution in a particular year may be a result of the disposition of holdings that appreciated in value during prior years. Thus, while the fund may gain or lose value over the course of a year, a capital gain distribution paid by the fund may not be indicative of current performance of the fund.

The distributable amount of net capital gains are paid on a per-share basis to all investors who hold shares of the fund on the record date of the distribution and are recognized by the shareholder for tax purposes as of the ex-date of the distribution, regardless of when the gains or losses arose in the fund. Net gains on holdings held long term by the fund would be distributed to shareholders as a long-term capital gain distribution no matter how long the shareholder has owned shares in the fund.

Refer to the fund’s annual report or statement of additional information for specific information regarding distributions.

Pricing

Pricing History Chart

As of 01/08/2026 Updated Daily

Daily Fund Prices

As of 01/08/2026

Share Prices

As of 01/08/2026
NAV1 (Net Asset Value)
$48.58
NAV Change1 
$-0.24
NAV Change (%)1 
-0.49%

52-Week Range

Highest NAV 
$53.54
Lowest NAV 
$39.44

Documents

Regulatory Documents

Regulatory Documents

PDF Format

Prospectus

Public
PDF Format

Summary Prospectus

Public
PDF Format

Statement Of Additional Information

Public
PDF Format

Semi-Annual Report

Public
PDF Format

Semi-Annual Financial Statements And Other Information

Public
PDF Format

Annual Financial Statements And Other Information

Public
PDF Format

Annual Report

Public

Risks

What Are the Risks?

All investments involve risks, including possible loss of principal.  Equity securities are subject to price fluctuation and possible loss of principal. Short selling is a speculative strategy. Unlike the possible loss on a security that is purchased, there is no limit on the amount of loss on an appreciating security that is sold short. The investment style may become out of favor, which may have a negative impact on performance. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. The manager may consider environmental, social and governance (ESG) criteria in the research or investment process; however, ESG considerations may not be a determinative factor in security selection. In addition, the manager may not assess every investment for ESG criteria, and not every ESG factor may be identified or evaluated. These and other risks are discussed in the fund’s prospectus.