Lincoln Financial Investments Corp - 31 Dec 2025 SCHEDULE 13G/A Report for LINCOLN BAIN CAPITAL TOTAL CREDIT FUND Shares of beneficial interest, no par value per share

Filing Manager: Lincoln Financial Investments Corp
Reporting Manager: LINCOLN NATIONAL CORPORATION
Security: LINCOLN BAIN CAPITAL TOTAL CREDIT FUND Shares of beneficial interest, no par value per share
Shares outstanding: 25,144,987 shares
Disclosed Ownership: 14,815,426 shares
Ownership: 59%
Form type: SCHEDULE 13G/A
Filing time: 29 Jan 2026, 19:05:33 UTC
Date of event: 31 Dec 2025
Previous filing: 07 Nov 2025
SEC: View on sec.gov

Reporting Managers (6)

Name	Ownership	Shares Owned	shared voting power	Signature	Title
LINCOLN NATIONAL CORPORATION	59%	14,815,426	14,815,426	/s/Gordon Huellmantel	Gordon Huellmantel, Senior Vice President
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY	59%	14,815,426	14,815,426	/s/Gordon Huellmantel	Gordon Huellmantel, Senior Vice President
LINCOLN FINANCIAL INVESTMENTS CORPORATION	59%	14,815,426	14,815,426	/s/Gordon Huellmantel	Gordon Huellmantel, Senior Vice President
LVIP GLOBAL GROWTH ALLOCATION MANAGED RISK FUND, A SERIES OF LINCOLN VARIABLE INSURANCE PRODUCTS TRUST	25%	6,166,009	6,166,009	/s/Gordon Huellmantel	Gordon Huellmantel, Senior Vice President
LVIP GLOBAL MODERATE ALLOCATION MANAGED RISK FUND, A SERIES OF LINCOLN VARIABLE INSURANCE PRODUCTS TRUST	20%	4,983,704	4,983,704	/s/Gordon Huellmantel	Gordon Huellmantel, Senior Vice President
LVIP U.S GROWTH ALLOCATION MANAGED RISK FUND, A SERIES OF LINCOLN VARIABLE INSURANCE PRODUCTS TRUST	8.7%	2,178,216	2,178,216	/s/Gordon Huellmantel	Gordon Huellmantel, Senior Vice President