From Zacks Investment Research: 2025-06-17 13:46:00

Lincoln National Corporation (LNC) has unveiled a new hybrid growth fund in its American Legacy and Investor Advantage annuities. The fund combines Capital Group’s active approach with Vanguard’s passive ETF offerings to boost annuity sales with flexible, risk-aware investment solutions.

The LVIP American Funds Vanguard Active Passive Growth Fund leverages the expertise of Capital Group and Vanguard to deliver investors a balanced approach to long-term growth within a Lincoln variable annuity. Financial advisors believe active and passive strategies complement each other, especially during market volatility.

The recent move is expected to enhance LNC’s variable annuity offerings, supporting financial professionals and clients. Annuity sales saw a 33% increase year over year in the first quarter of 2025.

Shares of Lincoln National have gained 6.3% in the past six months and currently hold a Zacks Rank #3 (Hold). Other stocks to consider in the insurance space are Horace Mann Educators Corporation (HMN), Voya Financial, Inc. (VOYA), and Kemper Corporation (KMPR) with Zacks Ranks ranging from #1 to #2.

Horace Mann, Voya Financial, and Kemper have shown positive earnings surprises, with estimates indicating growth in earnings and revenues for 2025. Shares of Horace Mann and Voya Financial have seen gains in the past six months, while Kemper stock has seen a slight decrease.



Read more at Zacks Investment Research: Lincoln National Debuts Hybrid Growth Fund in Variable Annuities – June 17, 2025