A camshaft assembly for an internal combustion engine includes a camshaft, a first lobe set, and a second lobe set, extending along, and rotatable about, a cam axis. The first lobe set includes a first, second, and third lobe. The second lobe set includes a first and second lobe. The first lobe set is movable along the cam axis between a first, second, and third position. The second lobe set is movable along the cam axis between a first and second position. The first and second position of each of the first and second lobe sets corresponds to lift of a respective valve stem in the engine. The third position of the first lobe set corresponds to zero lift of the respective valve stem to provide cylinder deactivation of a corresponding cylinder within the engine.