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Financial Professionals Financial professional news June investment option changes for variable life products
June 01, 2026

June investment option changes for variable life products

The table below summarizes the 2026 changes to investment options for Principal® variable universal life insurance products. 

Here’s a key of abbreviations for the products affected:
•    BVUL = Benefit Variable Universal Life
•    EVUL = Executive Variable Universal Life
•    FVLI = Flex Variable Life
•    SVUL = Survivorship Variable Universal Life
•    VUL Accum = Variable Universal Life Accumulator
•    VUL Income = Variable Universal Life Income

Changes effective June 1

Fund name changesProducts affected
MFS® International Intrinsic Value to MFS® International Intrinsic EquityBVUL, BVUL II, EVUL, EVUL II, EVUL III
BNY Mellon VIF Opportunistic Small Cap to BNY Mellon VIF Small CapBVUL, EVUL, VUL Income, VUL Accum II
Templeton Developing Markets VIP to Templeton Emerging Markets VIPBVUL, BVUL II, EVUL, EVUL II, EVUL III
LVIP American Century Disciplined Core Value to LVIP Avantis Large Cap ValueBVUL, BVUL II, EVUL, EVUL II, EVUL III, FVLI, PrinFlex, SVUL, VUL Accum, VUL Accum II, VUL Income, VUL Income II, VUL Income III, VUL Income IV
Macquarie Small Cap Value to Nomura Small Cap ValueBVUL, BVUL II, EVUL, EVUL II, EVUL III, PrinFlex, SVUL, VUL Accum, VUL Accum II, VUL Income, VUL Income II, VUL Income III, VUL Income IV
American Funds Insurance Series–Global Small Capitalization Fund to American Funds Insurance Series–SMALLCAP World FundBVUL, BVUL II, EVUL, EVUL II, EVUL III
American Funds Insurance Series–International Fund to American Funds Insurance Series–EUPAC FundBVUL, BVUL II, EVUL, EVUL II, EVUL III, FVLI, PrinFlex, SVUL, VUL Accum, VUL Accum II, VUL Income, VUL Income II, VUL Income III, VUL Income IV
TOPS® Managed Risk Growth ETF to TOPS® Managed Risk Moderately Aggressive ETFBVUL, BVUL II, EVUL, EVUL II, EVUL III, FVLI, PrinFlex, SVUL, VUL Accum, VUL Accum II, VUL Income, VUL Income II, VUL Income III, VUL Income IV
TOPS® Managed Risk Moderate Growth ETF to TOPS® Managed Risk Moderate ETFBVUL, BVUL II, EVUL, EVUL II, EVUL III, FVLI, PrinFlex, SVUL, VUL Accum, VUL Accum II, VUL Income, VUL Income II, VUL Income III, VUL Income IV

 

Applications and illustrations

Variable life insurance supplemental applications and illustrations for all affected products will be updated and available soon.

Questions?

Call the National Sales Desk: 800-654-4278.