MAINSTAY VP FUNDS TRUST
51 Madison Avenue
New York, NY 10010
July 3, 2018
Via EDGAR
Filing Desk
Securities and Exchange Commission
Office of Filings and Information Services
Branch of Registrations and Examinations
Mail Stop 0-25
100 F Street, NE
Washington, DC 20549
Re: | MainStay VP Funds Trust (“Registrant”) |
File Nos. 002-86082 and 811-03833-01
Dear Sir or Madam:
On behalf of the Registrant listed above and pursuant to Rule 497(c) under the Securities Act of 1933, as amended, attached for filing are exhibits containing interactive data format risk/return summary information that reflects the risk/return summary information in a supplement dated June 22, 2018 to the Summary Prospectus, Prospectus and Statement of Additional Information for MainStay VP Absolute Return Multi-Strategy Portfolio (Accession Number 0001144204-18-035434). The purpose of this filing is to submit an XBRL interactive data file in the manner provided by Rule 405 of Regulation S-T and General Instruction C.3.(g) of Form N-1A.
Any questions or comments on the filing should be directed to the undersigned at (201) 685-6232.
Sincerely,
/s/ Thomas C. Humbert, Jr.
Thomas C. Humbert, Jr.
Assistant Secretary
Label | Element | Value |
---|---|---|
Risk/Return: | rr_RiskReturnAbstract | |
Document Type | dei_DocumentType | 497 |
Document Period End Date | dei_DocumentPeriodEndDate | Jun. 22, 2018 |
Entity Registrant Name | dei_EntityRegistrantName | MAINSTAY VP FUNDS TRUST |
Entity Central Index Key | dei_EntityCentralIndexKey | 0000887340 |
Amendment Flag | dei_AmendmentFlag | false |
Document Creation Date | dei_DocumentCreationDate | Jun. 25, 2018 |
Document Effective Date | dei_DocumentEffectiveDate | Jun. 25, 2018 |
Prospectus Date | rr_ProspectusDate | May 01, 2018 |
Jun. 22, 2018 |
---|
MainStay VP Absolute Return Multi-Strategy Portfolio (Prospectus Summary) | MainStay VP Absolute Return Multi-Strategy Portfolio |
MainStay VP Absolute Return Multi-Strategy Portfolio |
MAINSTAY VP FUNDS TRUST
MainStay VP Absolute Return Multi-Strategy Portfolio
Supplement dated June 22, 2018 (“Supplement”) to the Summary Prospectuses, Prospectuses and Statement of Additional Information (“SAI”), each dated May 1, 2018, as supplemented
Capitalized terms and certain other terms used in this Supplement, unless otherwise defined in this Supplement, have the meanings assigned to them in the Summary Prospectus, Prospectus or SAI.
At a meeting held on June 19-21, 2018, the Board of Trustees of MainStay VP Funds Trust (“Board”) approved submitting the following proposal to beneficial shareholders of the MainStay VP Absolute Return Multi-Strategy Portfolio:
Approval of an Agreement and Plan of Reorganization providing for the acquisition of the assets and liabilities of the MainStay VP Absolute Return Multi-Strategy Portfolio, a series of MainStay VP Funds Trust, by MainStay VP IQ Hedge Multi-Strategy Portfolio (“Acquiring Portfolio”), also a series of MainStay VP Funds Trust, in exchange for shares of the Acquiring Portfolio, followed by the complete liquidation of the MainStay VP Absolute Return Multi-Strategy Portfolio (“Reorganization”).
As the owner of a variable annuity contract or a variable universal life insurance policy (“Policy”) issued by New York Life Insurance and Annuity Corporation, a Delaware corporation (“NYLIAC”), with some or all of your Policy value allocated to the MainStay VP Absolute Return Multi-Strategy Portfolio, you have the right to instruct NYLIAC how to vote the shares of the MainStay VP Absolute Return Multi-Strategy Portfolio attributable to your Policy on the Reorganization as though you are a direct shareholder of the MainStay VP Absolute Return Multi-Strategy Portfolio.
On or about September 19, 2018, shareholders who have Policy value allocated to the MainStay VP Absolute Return Multi-Strategy Portfolio through their Policy as of the record date will receive a proxy statement/prospectus containing further information regarding the Acquiring Portfolio and the Reorganization. The proxy statement/prospectus will also include voting instruction cards with which shareholders of the MainStay VP Absolute Return Multi-Strategy Portfolio may vote (or instruct NYLIAC how to vote the shares attributable to their Policy) on the Reorganization at a special meeting of shareholders scheduled to be held on or about October 25, 2018.
The MainStay VP Funds Trust has been informed by NYLIAC that the Reorganization will not affect your rights under your Policy or NYLIAC’s obligation under your Policy. In addition, the MainStay VP Funds Trust has been informed by NYLIAC that you may transfer your allocations in the MainStay VP Absolute Return Multi-Strategy Portfolio to another investment option under your Policy without any charges and the transfer would not count against any “free transfers” available during a particular period through the Reorganization and for 60 days after the Reorganization. |
PLEASE RETAIN THIS SUPPLEMENT FOR YOUR FUTURE REFERENCE. |
Label | Element | Value |
---|---|---|
Risk/Return: | rr_RiskReturnAbstract | |
Entity Central Index Key | dei_EntityCentralIndexKey | 0000887340 |
MainStay VP Absolute Return Multi-Strategy Portfolio (Prospectus Summary) | MainStay VP Absolute Return Multi-Strategy Portfolio | ||
Risk/Return: | rr_RiskReturnAbstract | |
Risk/Return, Heading | rr_RiskReturnHeading | MainStay VP Absolute Return Multi-Strategy Portfolio |
Supplement | ck0000887340_SupplementTextBlock | MAINSTAY VP FUNDS TRUST
MainStay VP Absolute Return Multi-Strategy Portfolio
Supplement dated June 22, 2018 (“Supplement”) to the Summary Prospectuses, Prospectuses and Statement of Additional Information (“SAI”), each dated May 1, 2018, as supplemented
Capitalized terms and certain other terms used in this Supplement, unless otherwise defined in this Supplement, have the meanings assigned to them in the Summary Prospectus, Prospectus or SAI.
At a meeting held on June 19-21, 2018, the Board of Trustees of MainStay VP Funds Trust (“Board”) approved submitting the following proposal to beneficial shareholders of the MainStay VP Absolute Return Multi-Strategy Portfolio:
Approval of an Agreement and Plan of Reorganization providing for the acquisition of the assets and liabilities of the MainStay VP Absolute Return Multi-Strategy Portfolio, a series of MainStay VP Funds Trust, by MainStay VP IQ Hedge Multi-Strategy Portfolio (“Acquiring Portfolio”), also a series of MainStay VP Funds Trust, in exchange for shares of the Acquiring Portfolio, followed by the complete liquidation of the MainStay VP Absolute Return Multi-Strategy Portfolio (“Reorganization”).
As the owner of a variable annuity contract or a variable universal life insurance policy (“Policy”) issued by New York Life Insurance and Annuity Corporation, a Delaware corporation (“NYLIAC”), with some or all of your Policy value allocated to the MainStay VP Absolute Return Multi-Strategy Portfolio, you have the right to instruct NYLIAC how to vote the shares of the MainStay VP Absolute Return Multi-Strategy Portfolio attributable to your Policy on the Reorganization as though you are a direct shareholder of the MainStay VP Absolute Return Multi-Strategy Portfolio.
On or about September 19, 2018, shareholders who have Policy value allocated to the MainStay VP Absolute Return Multi-Strategy Portfolio through their Policy as of the record date will receive a proxy statement/prospectus containing further information regarding the Acquiring Portfolio and the Reorganization. The proxy statement/prospectus will also include voting instruction cards with which shareholders of the MainStay VP Absolute Return Multi-Strategy Portfolio may vote (or instruct NYLIAC how to vote the shares attributable to their Policy) on the Reorganization at a special meeting of shareholders scheduled to be held on or about October 25, 2018.
The MainStay VP Funds Trust has been informed by NYLIAC that the Reorganization will not affect your rights under your Policy or NYLIAC’s obligation under your Policy. In addition, the MainStay VP Funds Trust has been informed by NYLIAC that you may transfer your allocations in the MainStay VP Absolute Return Multi-Strategy Portfolio to another investment option under your Policy without any charges and the transfer would not count against any “free transfers” available during a particular period through the Reorganization and for 60 days after the Reorganization. |
Supplement Closing | ck0000887340_SupplementClosingTextBlock | PLEASE RETAIN THIS SUPPLEMENT FOR YOUR FUTURE REFERENCE. |
Label | Element | Value |
---|---|---|
Risk/Return: | rr_RiskReturnAbstract | |
Entity Registrant Name | dei_EntityRegistrantName | MAINSTAY VP FUNDS TRUST |
Entity Central Index Key | dei_EntityCentralIndexKey | 0000887340 |
Document Creation Date | dei_DocumentCreationDate | Jun. 25, 2018 |
Document Effective Date | dei_DocumentEffectiveDate | Jun. 25, 2018 |
Prospectus Date | rr_ProspectusDate | May 01, 2018 |