Key Features Investment Options Support Materials 404(c) Safe Harbor
Key Features Investment Options Support Materials 404(c) Safe Harbor
Non-New York New York
Non-New York New York
Non-New York New York
Non-New York New York
Non-New York New York

Non-New York New York
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i_spacer.gif i_spacer.gif i_l3_diamond.gif Investment Options i_spacer.gif i_spacer.gif i_spacer.gif
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i_spacer.gif i_spacer.gif i_l3_diamond.gif Performance i_spacer.gif i_spacer.gif i_spacer.gif
Investments
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i_spacer.gif i_spacer.gif Domestic Equity i_spacer.gif i_spacer.gif i_spacer.gif
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i_spacer.gif i_spacer.gif Fixed Income i_spacer.gif i_spacer.gif i_spacer.gif
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i_spacer.gif i_spacer.gif i_spacer.gif American Century VP Inflation Protection i_spacer.gif i_spacer.gif i_spacer.gif
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i_spacer.gif i_spacer.gif i_spacer.gif American Funds American High-Income Trust(SM) i_spacer.gif i_spacer.gif i_spacer.gif
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i_spacer.gif i_spacer.gif i_spacer.gif American Funds Bond Fund of America(SM) i_spacer.gif i_spacer.gif i_spacer.gif
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i_spacer.gif i_spacer.gif i_spacer.gif American Funds Capital World Bond Fund® i_spacer.gif i_spacer.gif i_spacer.gif
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i_spacer.gif i_spacer.gif i_spacer.gif i_spacer.gif i_spacer.gif American Funds Intermediate Bond Fund of America® i_spacer.gif i_spacer.gif i_spacer.gif
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i_spacer.gif i_spacer.gif i_spacer.gif American Funds U.S. Government Securities Fund(SM) i_spacer.gif i_spacer.gif i_spacer.gif
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i_spacer.gif i_spacer.gif i_spacer.gif Delaware VIP Diversified Income i_spacer.gif i_spacer.gif i_spacer.gif
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i_spacer.gif i_spacer.gif i_spacer.gif Delaware VIP Limited-Term Diversified Income i_spacer.gif i_spacer.gif i_spacer.gif
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i_spacer.gif i_spacer.gif i_spacer.gif FTVIPT Templeton Global Bond Securities i_spacer.gif i_spacer.gif i_spacer.gif
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Corporate Bond
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i_spacer.gif i_spacer.gif i_spacer.gif Guaranteed Account i_spacer.gif i_spacer.gif i_spacer.gif
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i_spacer.gif i_spacer.gif i_spacer.gif High Yield Bond i_spacer.gif i_spacer.gif i_spacer.gif
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i_spacer.gif i_spacer.gif i_spacer.gif LVIP SSgA Bond Index i_spacer.gif i_spacer.gif i_spacer.gif
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i_spacer.gif i_spacer.gif i_spacer.gif Short Term i_spacer.gif i_spacer.gif i_spacer.gif
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i_spacer.gif i_spacer.gif International/Global Equity i_spacer.gif i_spacer.gif i_spacer.gif
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i_spacer.gif i_spacer.gif Other/LVIP Wilshire Profile Funds i_spacer.gif i_spacer.gif i_spacer.gif
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i_spacer.gif i_spacer.gif Other/Balanced Funds i_spacer.gif i_spacer.gif i_spacer.gif
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Lincoln DirectorSM Group Variable Annuity


FIXED INCOME (DOMESTIC AND INTERNATIONAL)

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American Funds Intermediate Bond Fund of America® (SA 1M) purchases shares of the American Funds Intermediate Bond Fund of America® which seeks to provide current income and preservation of capital through a bond portfolio with an average effective maturity no greater than five years.
Investment Advisor
Capital Research and Management Company (CRMC) is the advisor for American Funds Intermediate Bond Fund of America®.

American Funds is managed by Capital Research and Management Company. With over 70 years of experience, CRMC is one of the oldest and largest investment management firms in the country.

American Funds is a registered trademark of American Funds Distributors, Inc.
Investment Approach
The American Funds Intermediate Bond Fund of America® offers an attractive middle course between short-term instruments, such as money market funds (which usually offer greater stability of principal) and long-term bonds (which generally offer higher yields).

The Fund invests in corporate bonds, U.S. government bonds or notes, GNMA certificates and other mortgage-related securities, as well as cash. Normally, at least 80% of assets will be invested in bonds. The Fund's portfolio will have a dollar-weighted average maturity between three and five years. The fund invests primarily in securities rated A or higher at the time of purchase, but may invest up to 10% of assets in bonds rated BBB.
Investment Option Statistics
The Investment Option Statistics page and Disclosure Statement are available in a PDF format. You will need the Adobe® Acrobat® Reader® or other compatible software to view or print these documents. To view these documents, please click on the links below.
Investment Option Statistics and Disclosure Statement. Please view both.
Government bonds and Treasury bills are backed by the full faith and credit of the U.S. government, and typically pay a fixed rate of return.

Expense waivers and/or reimbursements are currently in effect and performance would have been lower if they did not apply.

This variable annuity contract has limitations and expense charges. For costs and complete details of the coverage, contact your Lincoln representative.

The group variable annuity contract is issued by The Lincoln National Life Insurance Company, Fort Wayne, IN on contract form #19476 7/94 and variations thereof. The Lincoln National Life Insurance Company does not do business in the state of New York, nor is it authorized to do so. For contracts sold in New York, contracts are issued by the Lincoln Life & Annuity Company of New York, Syracuse, NY on contract form #19476NY-A 7/04. The annuities are distributed by Lincoln Financial Distributors, Inc., a broker/dealer, Radnor, PA.

The Lincoln National Life Insurance Company and Lincoln Life & Annuity Company of New York are independently responsible for their own financial and contractual obligations.

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