# EDGAR Filing Document

**Accession Number:** 0000896435
**File Stem:** 0000896435-26-000354
**Filing Date:** 2026-5
**Character Count:** 57958
**Document Hash:** 0b27430223807eb544797011654f3cc7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000896435-26-000354.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0000896435-26-000354

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)
- **CENTRAL INDEX KEY:** 0000896435

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07452
- **FILM NUMBER:** 261028506

**BUSINESS ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046
- **BUSINESS PHONE:** 7136261919

**MAIL ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM VARIABLE INSURANCE FUNDS
- **DATE OF NAME CHANGE:** 20000719

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM VARIABLE INSURANCE FUNDS INC
- **DATE OF NAME CHANGE:** 19930714

## Series and Classes Contracts Data

### INVESCO V.I. Small Cap Equity Fund (Series ID: S000000188)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000000422 | Series I     |  |
| C000000423 | Series II    |  |

## Nport-Ex

**Schedule of Investments**<sup>(a)</sup> 

*March 31, 2026*

*(Unaudited)*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests–96.92%** | **Common Stocks & Other Equity Interests–96.92%** | **Common Stocks & Other Equity Interests–96.92%** |
| **Aerospace & Defense–4.24%** | **Aerospace & Defense–4.24%** | **Aerospace & Defense–4.24%** |
| ATI, Inc.<sup>(b)</sup>  | 16010 | &nbsp;&nbsp; $2328815 |
| Carpenter Technology Corp.<sup>(c)</sup>  | 4105 | &nbsp;&nbsp; 1617986 |
| Karman Holdings, Inc.<sup>(b)</sup>  | 17091 | &nbsp;&nbsp; 1368134 |
| VSE Corp.<sup>(c)</sup>  | 7352 | &nbsp;&nbsp; 1355709 |
|  |  | &nbsp;&nbsp; 6670644 |
| **Apparel, Accessories & Luxury Goods–1.06%** | **Apparel, Accessories & Luxury Goods–1.06%** | **Apparel, Accessories & Luxury Goods–1.06%** |
| Kontoor Brands, Inc.<sup>(c)</sup>  | 23635 | &nbsp;&nbsp; 1661304 |
| **Asset Management & Custody Banks–0.49%** | **Asset Management & Custody Banks–0.49%** | **Asset Management & Custody Banks–0.49%** |
| Galaxy Digital, Inc.<sup>(b)</sup>  | 41960 | &nbsp;&nbsp; 774162 |
| **Automotive Parts & Equipment–1.17%** | **Automotive Parts & Equipment–1.17%** | **Automotive Parts & Equipment–1.17%** |
| Patrick Industries, Inc.<sup>(c)</sup>  | 16537 | &nbsp;&nbsp; 1836765 |
| **Biotechnology–4.01%** | **Biotechnology–4.01%** | **Biotechnology–4.01%** |
| ADMA Biologics, Inc.<sup>(b)</sup>  | 85088 | &nbsp;&nbsp; 766643 |
| Ascendis Pharma A/S, ADR (Denmark)<sup>(b)</sup>  | 8705 | &nbsp;&nbsp; 1991095 |
| BridgeBio Pharma, Inc.<sup>(b)(c)</sup>  | 26159 | &nbsp;&nbsp; 1942567 |
| Halozyme Therapeutics, Inc.<sup>(b)</sup>  | 24803 | &nbsp;&nbsp; 1603018 |
|  |  | &nbsp;&nbsp; 6303323 |
| **Building Products–0.87%** | **Building Products–0.87%** | **Building Products–0.87%** |
| Griffon Corp. | 18875 | &nbsp;&nbsp; 1371835 |
| **Cargo Ground Transportation–2.24%** | **Cargo Ground Transportation–2.24%** | **Cargo Ground Transportation–2.24%** |
| XPO, Inc.<sup>(b)</sup>  | 18093 | &nbsp;&nbsp; 3519993 |
| **Coal & Consumable Fuels–0.77%** | **Coal & Consumable Fuels–0.77%** | **Coal & Consumable Fuels–0.77%** |
| NexGen Energy Ltd. (Canada)<sup>(b)</sup>  | 104314 | &nbsp;&nbsp; 1210285 |
| **Communications Equipment–2.34%** | **Communications Equipment–2.34%** | **Communications Equipment–2.34%** |
| Viavi Solutions, Inc.<sup>(b)</sup>  | 110678 | &nbsp;&nbsp; 3683364 |
| **Construction & Engineering–1.59%** | **Construction & Engineering–1.59%** | **Construction & Engineering–1.59%** |
| IES Holdings, Inc.<sup>(b)</sup>  | 5245 | &nbsp;&nbsp; 2499085 |
| **Consumer Finance–0.90%** | **Consumer Finance–0.90%** | **Consumer Finance–0.90%** |
| Dave, Inc.<sup>(b)(c)</sup>  | 8124 | &nbsp;&nbsp; 1414307 |
| **Copper–0.96%** | **Copper–0.96%** | **Copper–0.96%** |
| ERO Copper Corp. (Brazil)<sup>(b)</sup>  | 56524 | &nbsp;&nbsp; 1507495 |
| **Diversified Metals & Mining–1.10%** | **Diversified Metals & Mining–1.10%** | **Diversified Metals & Mining–1.10%** |
| MP Materials Corp.<sup>(b)</sup>  | 35750 | &nbsp;&nbsp; 1725295 |
| **Diversified Support Services–1.04%** | **Diversified Support Services–1.04%** | **Diversified Support Services–1.04%** |
| OPENLANE, Inc.<sup>(b)</sup>  | 55809 | &nbsp;&nbsp; 1626832 |
| **Electrical Components & Equipment–1.56%** | **Electrical Components & Equipment–1.56%** | **Electrical Components & Equipment–1.56%** |
| EnerSys | 9153 | &nbsp;&nbsp; 1590059 |
| Nextpower, Inc., Class A<sup>(b)</sup>  | 7162 | &nbsp;&nbsp; 863379 |
|  |  | &nbsp;&nbsp; 2453438 |
| **Electronic Components–1.98%** | **Electronic Components–1.98%** | **Electronic Components–1.98%** |
| Littelfuse, Inc. | 9151 | &nbsp;&nbsp; 3105392 |
| **Electronic Equipment & Instruments–3.42%** | **Electronic Equipment & Instruments–3.42%** | **Electronic Equipment & Instruments–3.42%** |
| Advanced Energy Industries, Inc. | 11922 | &nbsp;&nbsp; 3847349 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Shares** | **Value** |
| **Electronic Equipment & Instruments–(continued)** | **Electronic Equipment & Instruments–(continued)** | **Electronic Equipment & Instruments–(continued)** |
| Cognex Corp. | 31113 | &nbsp;&nbsp; $1524226 |
|  |  | &nbsp;&nbsp; 5371575 |
| **Electronic Manufacturing Services–3.08%** | **Electronic Manufacturing Services–3.08%** | **Electronic Manufacturing Services–3.08%** |
| Fabrinet (Thailand)<sup>(b)</sup>  | 3202 | &nbsp;&nbsp; 1669907 |
| Sanmina Corp.<sup>(b)</sup>  | 24446 | &nbsp;&nbsp; 3169179 |
|  |  | &nbsp;&nbsp; 4839086 |
| **Environmental & Facilities Services–0.47%** | **Environmental & Facilities Services–0.47%** | **Environmental & Facilities Services–0.47%** |
| Casella Waste Systems, Inc., Class A<sup>(b)</sup>  | 9320 | &nbsp;&nbsp; 739449 |
| **Financial Exchanges & Data–1.83%** | **Financial Exchanges & Data–1.83%** | **Financial Exchanges & Data–1.83%** |
| Bullish (Cayman Islands)<sup>(b)(c)</sup>  | 28097 | &nbsp;&nbsp; 1003906 |
| Miami International Holdings, Inc.<sup>(b)</sup>  | 48181 | &nbsp;&nbsp; 1875204 |
|  |  | &nbsp;&nbsp; 2879110 |
| **Food Distributors–1.51%** | **Food Distributors–1.51%** | **Food Distributors–1.51%** |
| Andersons, Inc. (The)<sup>(c)</sup>  | 12998 | &nbsp;&nbsp; 932997 |
| Chefs' Warehouse, Inc. (The)<sup>(b)</sup>  | 24254 | &nbsp;&nbsp; 1441900 |
|  |  | &nbsp;&nbsp; 2374897 |
| **Gold–0.95%** | **Gold–0.95%** | **Gold–0.95%** |
| Equinox Gold Corp. (Canada) | 50024 | &nbsp;&nbsp; 723347 |
| Triple Flag Precious Metals Corp. (Canada) | 22300 | &nbsp;&nbsp; 774033 |
|  |  | &nbsp;&nbsp; 1497380 |
| **Health Care Facilities–1.13%** | **Health Care Facilities–1.13%** | **Health Care Facilities–1.13%** |
| Encompass Health Corp. | 18325 | &nbsp;&nbsp; 1772577 |
| **Health Care Services–3.86%** | **Health Care Services–3.86%** | **Health Care Services–3.86%** |
| BrightSpring Health Services, Inc.<sup>(b)</sup>  | 102140 | &nbsp;&nbsp; 4352185 |
| Guardant Health, Inc.<sup>(b)</sup>  | 18615 | &nbsp;&nbsp; 1719468 |
|  |  | &nbsp;&nbsp; 6071653 |
| **Heavy Electrical Equipment–1.16%** | **Heavy Electrical Equipment–1.16%** | **Heavy Electrical Equipment–1.16%** |
| Forgent Power Solutions, Inc.<sup>(b)</sup>  | 62527 | &nbsp;&nbsp; 1830165 |
| **Homebuilding–1.80%** | **Homebuilding–1.80%** | **Homebuilding–1.80%** |
| Installed Building Products, Inc. | 5323 | &nbsp;&nbsp; 1411394 |
| M/I Homes, Inc.<sup>(b)</sup>  | 11605 | &nbsp;&nbsp; 1421032 |
|  |  | &nbsp;&nbsp; 2832426 |
| **Hotels, Resorts & Cruise Lines–1.67%** | **Hotels, Resorts & Cruise Lines–1.67%** | **Hotels, Resorts & Cruise Lines–1.67%** |
| Travel + Leisure Co.<sup>(c)</sup>  | 37822 | &nbsp;&nbsp; 2616904 |
| **Independent Power Producers & Energy Traders–1.06%** | **Independent Power Producers & Energy Traders–1.06%** | **Independent Power Producers & Energy Traders–1.06%** |
| Talen Energy Corp.<sup>(b)(c)</sup>  | 5236 | &nbsp;&nbsp; 1671488 |
| **Industrial Machinery & Supplies & Components–5.61%** | **Industrial Machinery & Supplies & Components–5.61%** | **Industrial Machinery & Supplies & Components–5.61%** |
| Crane Co. | 8927 | &nbsp;&nbsp; 1526517 |
| Gates Industrial Corp. PLC<sup>(b)</sup>  | 64914 | &nbsp;&nbsp; 1467706 |
| Helios Technologies, Inc. | 11200 | &nbsp;&nbsp; 724752 |
| ITT, Inc. | 18665 | &nbsp;&nbsp; 3556242 |
| SPX Technologies, Inc.<sup>(b)</sup>  | 7687 | &nbsp;&nbsp; 1536939 |
|  |  | &nbsp;&nbsp; 8812156 |
| **Industrial REITs–0.94%** | **Industrial REITs–0.94%** | **Industrial REITs–0.94%** |
| STAG Industrial, Inc.<sup>(c)</sup>  | 41138 | &nbsp;&nbsp; 1483436 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco V.I. Small Cap Equity Fund**

------

---

| | | |
|:---|:---|:---|
| **Shares** | **Shares** | **Value** |
| **Investment Banking & Brokerage–2.44%** | **Investment Banking & Brokerage–2.44%** | **Investment Banking & Brokerage–2.44%** |
| Piper Sandler Cos. | 28884 | &nbsp;&nbsp; $2211070 |
| Stifel Financial Corp. | 21929 | &nbsp;&nbsp; 1620992 |
|  |  | &nbsp;&nbsp; 3832062 |
| **Leisure Products–1.29%** | **Leisure Products–1.29%** | **Leisure Products–1.29%** |
| Acushnet Holdings Corp. | 21655 | &nbsp;&nbsp; 2024309 |
| **Life Sciences Tools & Services–2.18%** | **Life Sciences Tools & Services–2.18%** | **Life Sciences Tools & Services–2.18%** |
| ICON PLC<sup>(b)</sup>  | 9572 | &nbsp;&nbsp; 1059238 |
| Repligen Corp.<sup>(b)(c)</sup>  | 11156 | &nbsp;&nbsp; 1314400 |
| Stevanato Group S.p.A. (Italy) | 77067 | &nbsp;&nbsp; 1059671 |
|  |  | &nbsp;&nbsp; 3433309 |
| **Oil & Gas Equipment & Services–1.57%** | **Oil & Gas Equipment & Services–1.57%** | **Oil & Gas Equipment & Services–1.57%** |
| Kodiak Gas Services, Inc. | 42378 | &nbsp;&nbsp; 2471485 |
| **Oil & Gas Exploration & Production–2.93%** | **Oil & Gas Exploration & Production–2.93%** | **Oil & Gas Exploration & Production–2.93%** |
| Chord Energy Corp.<sup>(c)</sup>  | 8721 | &nbsp;&nbsp; 1239952 |
| Matador Resources Co. | 19666 | &nbsp;&nbsp; 1242498 |
| Range Resources Corp. | 46916 | &nbsp;&nbsp; 2119665 |
|  |  | &nbsp;&nbsp; 4602115 |
| **Oil & Gas Refining & Marketing–1.01%** | **Oil & Gas Refining & Marketing–1.01%** | **Oil & Gas Refining & Marketing–1.01%** |
| Par Pacific Holdings, Inc.<sup>(b)</sup>  | 18990 | &nbsp;&nbsp; 1189534 |
| Sunococorp LLC | 6326 | &nbsp;&nbsp; 389998 |
|  |  | &nbsp;&nbsp; 1579532 |
| **Oil & Gas Storage & Transportation–1.23%** | **Oil & Gas Storage & Transportation–1.23%** | **Oil & Gas Storage & Transportation–1.23%** |
| DT Midstream, Inc.<sup>(c)</sup>  | 14396 | &nbsp;&nbsp; 1938709 |
| **Pharmaceuticals–1.65%** | **Pharmaceuticals–1.65%** | **Pharmaceuticals–1.65%** |
| Axsome Therapeutics, Inc.<sup>(b)</sup>  | 9327 | &nbsp;&nbsp; 1576449 |
| Prestige Consumer Healthcare, Inc.<sup>(b)</sup>  | 17181 | &nbsp;&nbsp; 1018318 |
|  |  | &nbsp;&nbsp; 2594767 |
| **Property & Casualty Insurance–0.95%** | **Property & Casualty Insurance–0.95%** | **Property & Casualty Insurance–0.95%** |
| Skyward Specialty Insurance Group, Inc.<sup>(b)</sup>  | 34025 | &nbsp;&nbsp; 1486212 |
| **Real Estate Services–0.96%** | **Real Estate Services–0.96%** | **Real Estate Services–0.96%** |
| Newmark Group, Inc., Class A | 100920 | &nbsp;&nbsp; 1512791 |
| **Regional Banks–9.75%** | **Regional Banks–9.75%** | **Regional Banks–9.75%** |
| Ameris Bancorp | 33205 | &nbsp;&nbsp; 2589658 |
| Associated Banc-Corp | 61341 | &nbsp;&nbsp; 1586278 |
| Bancorp, Inc. (The)<sup>(b)</sup>  | 29233 | &nbsp;&nbsp; 1570689 |
| Nicolet Bankshares, Inc. | 13968 | &nbsp;&nbsp; 2075924 |
| SouthState Bank Corp. | 25581 | &nbsp;&nbsp; 2366754 |
| Western Alliance Bancorporation | 33042 | &nbsp;&nbsp; 2341026 |
| Wintrust Financial Corp.<sup>(c)</sup>  | 20044 | &nbsp;&nbsp; 2784914 |
|  |  | &nbsp;&nbsp; 15315243 |
| **Restaurants–1.08%** | **Restaurants–1.08%** | **Restaurants–1.08%** |
| Cheesecake Factory, Inc. (The) | 30919 | &nbsp;&nbsp; 1692815 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | **Shares** | **Shares** | **Value** |
| **Semiconductor Materials & Equipment–4.23%** | **Semiconductor Materials & Equipment–4.23%** | **Semiconductor Materials & Equipment–4.23%** | **Semiconductor Materials & Equipment–4.23%** |
| Entegris, Inc.<sup>(c)</sup>  | Entegris, Inc.<sup>(c)</sup>  | 22120 | &nbsp;&nbsp; $2593349 |
| MKS, Inc. | MKS, Inc. | 17658 | &nbsp;&nbsp; 4057985 |
|  |  |  | &nbsp;&nbsp; 6651334 |
| **Semiconductors–4.72%** | **Semiconductors–4.72%** | **Semiconductors–4.72%** | **Semiconductors–4.72%** |
| Allegro MicroSystems, Inc.<sup>(b)(c)</sup>  | Allegro MicroSystems, Inc.<sup>(b)(c)</sup>  | 45526 | &nbsp;&nbsp; 1435435 |
| &nbsp;&nbsp;&nbsp; MACOM Technology Solutions Holdings, <br> Inc.<sup>(b)</sup>  | &nbsp;&nbsp;&nbsp; MACOM Technology Solutions Holdings, <br> Inc.<sup>(b)</sup>  | 20694 | &nbsp;&nbsp; 4595516 |
| Rambus, Inc.<sup>(b)</sup>  | Rambus, Inc.<sup>(b)</sup>  | 16153 | &nbsp;&nbsp; 1389643 |
|  |  |  | &nbsp;&nbsp; 7420594 |
| **Specialized Consumer Services–1.11%** | **Specialized Consumer Services–1.11%** | **Specialized Consumer Services–1.11%** | **Specialized Consumer Services–1.11%** |
| Frontdoor, Inc.<sup>(b)</sup>  | Frontdoor, Inc.<sup>(b)</sup>  | 32874 | &nbsp;&nbsp; 1737720 |
| **Specialty Chemicals–1.72%** | **Specialty Chemicals–1.72%** | **Specialty Chemicals–1.72%** | **Specialty Chemicals–1.72%** |
| Perimeter Solutions, Inc.<sup>(b)</sup>  | Perimeter Solutions, Inc.<sup>(b)</sup>  | 60460 | &nbsp;&nbsp; 1476433 |
| Quaker Chemical Corp.<sup>(c)</sup>  | Quaker Chemical Corp.<sup>(c)</sup>  | 9834 | &nbsp;&nbsp; 1221678 |
|  |  |  | &nbsp;&nbsp; 2698111 |
| **Trading Companies & Distributors–3.29%** | **Trading Companies & Distributors–3.29%** | **Trading Companies & Distributors–3.29%** | **Trading Companies & Distributors–3.29%** |
| Applied Industrial Technologies, Inc. | Applied Industrial Technologies, Inc. | 10897 | &nbsp;&nbsp; 2891192 |
| WESCO International, Inc.<sup>(c)</sup>  | WESCO International, Inc.<sup>(c)</sup>  | 8316 | &nbsp;&nbsp; 2275424 |
|  |  |  | &nbsp;&nbsp; 5166616 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br> (Cost $116,375,704) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br> (Cost $116,375,704) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br> (Cost $116,375,704) | &nbsp;&nbsp; 152313545 |
| **Money Market Funds–3.17%** | **Money Market Funds–3.17%** | **Money Market Funds–3.17%** | **Money Market Funds–3.17%** |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 3.58%<sup>(d)(e)</sup>  | &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 3.58%<sup>(d)(e)</sup>  | 1741568 | &nbsp;&nbsp; 1741568 |
| &nbsp;&nbsp;&nbsp; Invesco Treasury Portfolio, Institutional <br> Class, 3.56%<sup>(d)(e)</sup>  | &nbsp;&nbsp;&nbsp; Invesco Treasury Portfolio, Institutional <br> Class, 3.56%<sup>(d)(e)</sup>  | 3234367 | &nbsp;&nbsp; 3234367 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Money Market Funds (Cost $4,975,935) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Money Market Funds (Cost $4,975,935) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Money Market Funds (Cost $4,975,935) | &nbsp;&nbsp; 4975935 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br> (excluding investments purchased <br> with cash collateral from securities <br> on loan)-100.09% <br> (Cost $121,351,639)<br>|  |  | &nbsp;&nbsp; 157289480 |
| **Investments Purchased with Cash Collateral from** <br> **Securities on Loan** | **Investments Purchased with Cash Collateral from** <br> **Securities on Loan** | **Investments Purchased with Cash Collateral from** <br> **Securities on Loan** | **Investments Purchased with Cash Collateral from** <br> **Securities on Loan** |
| **Money Market Funds–14.01%** | **Money Market Funds–14.01%** | **Money Market Funds–14.01%** | **Money Market Funds–14.01%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 3.63%<sup>(d)(e)(f)</sup>  | &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 3.63%<sup>(d)(e)(f)</sup>  | 6127413 | &nbsp;&nbsp; 6127413 |
| Invesco Private Prime Fund, 3.80%<sup>(d)(e)(f)</sup>  | Invesco Private Prime Fund, 3.80%<sup>(d)(e)(f)</sup>  | 15893864 | &nbsp;&nbsp; 15895454 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral <br> from Securities on Loan (Cost $22,023,090) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral <br> from Securities on Loan (Cost $22,023,090) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral <br> from Securities on Loan (Cost $22,023,090) | &nbsp;&nbsp; 22022867 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES–114.10% <br> (Cost $143,374,729) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES–114.10% <br> (Cost $143,374,729) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES–114.10% <br> (Cost $143,374,729) | &nbsp;&nbsp; 179312347 |
| OTHER ASSETS LESS LIABILITIES—(14.10)% | OTHER ASSETS LESS LIABILITIES—(14.10)% | OTHER ASSETS LESS LIABILITIES—(14.10)% | &nbsp;&nbsp; (22160586)<br>|
| NET ASSETS–100.00% | NET ASSETS–100.00% | NET ASSETS–100.00% | &nbsp;&nbsp; $157151761 |

---

Investment Abbreviations:

ADR – American Depositary Receipt <br> REIT – Real Estate Investment Trust

See accompanying notes which are an integral part of this schedule.

**Invesco V.I. Small Cap Equity Fund**

------

Notes to Schedule of Investments:

<sup>(a)</sup> Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor's. 

<sup>(b)</sup> Non-income producing security.

<sup>(c)</sup> All or a portion of this security was out on loan at March 31, 2026.

<sup>(d)</sup> Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund's transactions in, and earnings from, its investments in affiliates for the three months ended March 31, 2026. 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**December 31, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation** <br>**(Depreciation)**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Value** <br>**March 31, 2026**<br>| **Dividend Income** |
| **Investments in Affiliated Money Market Funds:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class<br>| $1466305 | &nbsp;&nbsp; $5112739 | &nbsp;&nbsp; $(4837476) | &nbsp;&nbsp; $- | &nbsp;&nbsp; $- | &nbsp;&nbsp; $1741568 | &nbsp;&nbsp; $6309 |
| Invesco Treasury Portfolio, Institutional Class | &nbsp;&nbsp;&nbsp; 2723738 | &nbsp;&nbsp;&nbsp; 9495087 | &nbsp;&nbsp;&nbsp; (8984458) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 3234367 | &nbsp;&nbsp;&nbsp;&nbsp; 11630 |
| **Investments Purchased with Cash Collateral** <br> **from Securities on Loan:**<br>|  |  |  |  |  |  |  |
| Invesco Private Government Fund | &nbsp;&nbsp;&nbsp; 6442925 | &nbsp;&nbsp; 19122266 | &nbsp;&nbsp; (19437778) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 6127413 | &nbsp;&nbsp;&nbsp; 50,203\* |
| Invesco Private Prime Fund | &nbsp;&nbsp; 16751972 | &nbsp;&nbsp; 47507630 | &nbsp;&nbsp; (48362669) | &nbsp;&nbsp; (223) | &nbsp;&nbsp; (1256) | &nbsp;&nbsp; 15895454 | &nbsp;&nbsp; 135,977\* |
| Total | $27384940 | &nbsp;&nbsp; $81237722 | &nbsp;&nbsp; $(81622381) | &nbsp;&nbsp; $(223) | &nbsp;&nbsp; $(1256) | &nbsp;&nbsp; $26998802 | &nbsp;&nbsp; $204119 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(e)</sup> The rate shown is the 7-day SEC standardized yield as of March 31, 2026. <br> <sup>(f)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

**Invesco V.I. Small Cap Equity Fund**

------

**Notes to Quarterly Schedule of Portfolio Holdings**

*March 31, 2026*

*(Unaudited)*

**NOTE 1—Additional Valuation Information**

Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment's assigned level:

Level 1 – Prices are determined using quoted prices in an active market for identical assets.

Level 2 – Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others. When market movements occur after the close of the relevant foreign securities markets, foreign securities may be fair valued utilizing an independent pricing service.

Level 3 – Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Advisers, Inc.'s assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.

The following is a summary of the tiered valuation input levels, as of March 31, 2026. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Level 1** | **Level 2** | **Level 3** | **Total** |
| <br>**Investments in Securities** |  |  |  |  |
| Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp;&nbsp; $152313545 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $152313545 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp; 4975935 | &nbsp;&nbsp;&nbsp;&nbsp; 22022867 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 26998802 |
| **Total Investments** | &nbsp;&nbsp;&nbsp;&nbsp; $157289480 | &nbsp;&nbsp;&nbsp;&nbsp; $22022867 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $179312347 |

---

**Invesco V.I. Small Cap Equity Fund**

------

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** AIM Variable Insurance Funds (Invesco Variable Insurance Funds)

- **b. Investment Company Act file number:** 811-07452

- **c. CIK number of Registrant:** 0000896435

- **d. LEI of Registrant:** FC4UULIMJMGKBDUARB13

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 11 Greenway Plaza

  - **City:** Houston

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 77046-1173

  - **Telephone number:** 800-959-4246

**Item A.2. Information about the Series.**

- **a. Name of Series:** Invesco V.I. Small Cap Equity Fund

- **b. EDGAR series identifier (if any):** S000000188

- **c. LEI of Series:** 5493002V1H8RI1U7YT32

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $179420750.00

**Total Liabilities:** $22170846.28

**Net Assets:** $157249903.72

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000422 | 4.39%                | 2.00%                | -7.02%               |
| Class ID C000000423 | 4.32%                | 1.93%                | -7.01%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2200036.62             | $9552267.64                                |
| Month 2  | $10386642.38             | $-7018618.54                               |
| Month 3  | $1346577.32              | $-13356244.56                              |

### Schedule of Portfolio Investments

| Name                                      | Title                                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Sanmina Corp.                             | Sanmina Corp.                                              | CUSIP: 801056102<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | EC               | CORP              | US        |     24446 | NS      | $3169179.44   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Littelfuse, Inc.                          | Littelfuse, Inc.                                           | CUSIP: 537008104<br>LEI: 549300MY7HLQFYTPCX75 | Long             | EC               | CORP              | US        |      9151 | NS      | $3105391.85   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| XPO, Inc.                                 | XPO, Inc.                                                  | CUSIP: 983793100<br>LEI: 54930096DB9LCLPN7H13 | Long             | EC               | CORP              | US        |     18093 | NS      | $3519993.15   | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Triple Flag Precious Metals Corp.         | Triple Flag Precious Metals Corp.                          | CUSIP: 89679M104<br>LEI: 254900R7NJ1TEYIM4E61 | Long             | EC               | CORP              | CA        |     22300 | NS      | $774033.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Icon PLC                                  | Icon PLC                                                   | CUSIP: G4705A100<br>LEI: 6354008SRQGEMC4XFI67 | Long             | EC               | CORP              | IE        |      9572 | NS      | $1059237.52   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Stifel Financial Corp.                    | Stifel Financial Corp.                                     | CUSIP: 860630102<br>LEI: 549300E5F07FE5GHJX84 | Long             | EC               | CORP              | US        |     21929 | NS      | $1620991.68   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameris Bancorp                            | Ameris Bancorp                                             | CUSIP: 03076K108<br>LEI: PBJHNT51T5V6G5UQFV42 | Long             | EC               | CORP              | US        |     33205 | NS      | $2589657.95   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Axsome Therapeutics, Inc.                 | Axsome Therapeutics, Inc.                                  | CUSIP: 05464T104<br>LEI: 549300EXGR0XLRJEIB95 | Long             | EC               | CORP              | US        |      9327 | NS      | $1576449.54   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial, Inc.                     | STAG Industrial, Inc.                                      | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |     41138 | NS      | $1483436.28   | 0.94%             |  |  |  | No            |                  1 | On Loan: —       |
| Karman Holdings Inc.                      | Karman Holdings Inc.                                       | CUSIP: 485924104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17091 | NS      | $1368134.55   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Travel + Leisure Co.                      | Travel + Leisure Co.                                       | CUSIP: 894164102<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | EC               | CORP              | US        |     37822 | NS      | $2616904.18   | 1.66%             |  |  |  | No            |                  1 | On Loan: —       |
| Advanced Energy Industries, Inc.          | Advanced Energy Industries, Inc.                           | CUSIP: 007973100<br>LEI: 549300756XI3QLFT2U27 | Long             | EC               | CORP              | US        |     11922 | NS      | $3847348.62   | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Treasury Portfolio                | Invesco Treasury Portfolio, Institutional Class            | CUSIP: 825252406<br>LEI: 5493004B3TM8ZIDDDC39 | Long             | STIV             | RF                | US        |   3234367 | NS      | $3234366.89   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Patrick Industries Inc.                   | Patrick Industries Inc.                                    | CUSIP: 703343103<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | EC               | CORP              | US        |     16537 | NS      | $1836764.59   | 1.17%             |  |  |  | No            |                  1 | On Loan: —       |
| WESCO International, Inc.                 | WESCO International, Inc.                                  | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |      8316 | NS      | $2275423.92   | 1.45%             |  |  |  | No            |                  1 | On Loan: —       |
| Sunococorp LLC                            | Sunococorp LLC                                             | CUSIP: 86765Q106<br>LEI: 529900W6BS3KGM2OOQ61 | Long             | EC               | CORP              | US        |      6326 | NS      | $389997.90    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyward Specialty Insurance Group, Inc.   | Skyward Specialty Insurance Group, Inc.                    | CUSIP: 830940102<br>LEI: 549300GXGXJG0YH4VN21 | Long             | EC               | CORP              | US        |     34025 | NS      | $1486212.00   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| NexGen Energy Ltd.                        | NexGen Energy Ltd.                                         | CUSIP: 65340P106<br>LEI: 529900N0IXNXB3IP7F06 | Long             | EC               | CORP              | CA        |    104314 | NS      | $1210285.36   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Rambus Inc.                               | Rambus Inc.                                                | CUSIP: 750917106<br>LEI: 2549000211GDCQSLV833 | Long             | EC               | CORP              | US        |     16153 | NS      | $1389642.59   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontdoor, Inc.                           | Frontdoor, Inc.                                            | CUSIP: 35905A109<br>LEI: 5493008RB0JZJI3QGZ06 | Long             | EC               | CORP              | US        |     32874 | NS      | $1737719.64   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| MP Materials Corp.                        | MP Materials Corp.                                         | CUSIP: 553368101<br>LEI: 89450063PHPS61USMT84 | Long             | EC               | CORP              | US        |     35750 | NS      | $1725295.00   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Piper Sandler Cos.                        | Piper Sandler Cos.                                         | CUSIP: 724078209<br>LEI: QUQDBTUSOAKFEVMRMF78 | Long             | EC               | CORP              | US        |     28884 | NS      | $2211070.20   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Industrial Technologies, Inc.     | Applied Industrial Technologies, Inc.                      | CUSIP: 03820C105<br>LEI: 549300NU173IJRC6PO38 | Long             | EC               | CORP              | US        |     10897 | NS      | $2891192.04   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Perimeter Solutions Inc.                  | Perimeter Solutions Inc.                                   | CUSIP: 71385M107<br>LEI: 2221003U8GJZ9U4MR505 | Long             | EC               | CORP              | US        |     60460 | NS      | $1476433.20   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Forgent Power Solutions, Inc.             | Forgent Power Solutions, Inc.                              | CUSIP: 34631F102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     62527 | NS      | $1830165.29   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Prestige Consumer Healthcare Inc.         | Prestige Consumer Healthcare Inc.                          | CUSIP: 74112D101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17181 | NS      | $1018317.87   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Gates Industrial Corp. PLC                | Gates Industrial Corp. PLC                                 | CUSIP: G39108108<br>LEI: 549300S6K4FWUSB9KM27 | Long             | EC               | CORP              | GB        |     64914 | NS      | $1467705.54   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| DT Midstream, Inc.                        | DT Midstream, Inc.                                         | CUSIP: 23345M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14396 | NS      | $1938709.32   | 1.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Nicolet Bankshares, Inc.                  | Nicolet Bankshares, Inc.                                   | CUSIP: 65406E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13968 | NS      | $2075924.16   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics, Inc.               | Halozyme Therapeutics, Inc.                                | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |     24803 | NS      | $1603017.89   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane Co.                                 | Crane Co.                                                  | CUSIP: 224408104<br>LEI: 5493000CQRQOTHUODL75 | Long             | EC               | CORP              | US        |      8927 | NS      | $1526517.00   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| M/I Homes, Inc.                           | M/I Homes, Inc.                                            | CUSIP: 55305B101<br>LEI: 5299005M71FH9CCSFB69 | Long             | EC               | CORP              | US        |     11605 | NS      | $1421032.25   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Bullish                                   | Bullish                                                    | CUSIP: G16910120<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     28097 | NS      | $1003905.81   | 0.64%             |  |  |  | No            |                  1 | On Loan: —       |
| Talen Energy Corp.                        | Talen Energy Corp.                                         | CUSIP: 87422Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5236 | NS      | $1671488.28   | 1.06%             |  |  |  | No            |                  1 | On Loan: —       |
| EnerSys                                   | EnerSys                                                    | CUSIP: 29275Y102<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | EC               | CORP              | US        |      9153 | NS      | $1590059.16   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bancorp, Inc. (The)                       | Bancorp, Inc. (The)                                        | CUSIP: 05969A105<br>LEI: 894500FP2ICT1B019Y71 | Long             | EC               | CORP              | US        |     29233 | NS      | $1570689.09   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX Technologies, Inc.                    | SPX Technologies, Inc.                                     | CUSIP: 78473E103<br>LEI: P761FCI0CPOG24I8JE10 | Long             | EC               | CORP              | US        |      7687 | NS      | $1536938.78   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Viavi Solutions Inc.                      | Viavi Solutions Inc.                                       | CUSIP: 925550105<br>LEI: 5493006K3E3N1QOBF092 | Long             | EC               | CORP              | US        |    110678 | NS      | $3683363.84   | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Par Pacific Holdings, Inc.                | Par Pacific Holdings, Inc.                                 | CUSIP: 69888T207<br>LEI: 549300BTNS7MHSHRLR55 | Long             | EC               | CORP              | US        |     18990 | NS      | $1189533.60   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Chord Energy Corp.                        | Chord Energy Corp.                                         | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |      8721 | NS      | $1239951.78   | 0.79%             |  |  |  | No            |                  1 | On Loan: —       |
| ATI Inc.                                  | ATI Inc.                                                   | CUSIP: 01741R102<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | EC               | CORP              | US        |     16010 | NS      | $2328814.60   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| VSE Corp.                                 | VSE Corp.                                                  | CUSIP: 918284100<br>LEI: 549300QWJYQDH4U5XI15 | Long             | EC               | CORP              | US        |      7352 | NS      | $1355708.80   | 0.86%             |  |  |  | Yes           |                  1 | On Loan: —       |
| Ascendis Pharma A/S                       | Ascendis Pharma A/S, ADR                                   | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |      8705 | NS      | $1991094.65   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Entegris, Inc.                            | Entegris, Inc.                                             | CUSIP: 29362U104<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | EC               | CORP              | US        |     22120 | NS      | $2593348.80   | 1.65%             |  |  |  | No            |                  1 | On Loan: —       |
| ERO Copper Corp.                          | ERO Copper Corp.                                           | CUSIP: 296006109<br>LEI: 549300KL8A21SEIO8I47 | Long             | EC               | CORP              | CA        |     56524 | NS      | $1507495.08   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| OPENLANE, Inc.                            | OPENLANE, Inc.                                             | CUSIP: 48238T109<br>LEI: 5493004HKD20LBSG7D03 | Long             | EC               | CORP              | US        |     55809 | NS      | $1626832.35   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Range Resources Corp.                     | Range Resources Corp.                                      | CUSIP: 75281A109<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | EC               | CORP              | US        |     46916 | NS      | $2119664.88   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Private Prime Fund                | Invesco Private Prime Fund                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  15893864 | NS      | $15895453.39  | 10.11%            |  |  |  | No            |                  2 | On Loan: No      |
| Kodiak Gas Services, Inc.                 | Kodiak Gas Services, Inc.                                  | CUSIP: 50012A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     42378 | NS      | $2471484.96   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Alliance Bancorporation           | Western Alliance Bancorporation                            | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |     33042 | NS      | $2341025.70   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| ITT Inc.                                  | ITT Inc.                                                   | CUSIP: 45073V108<br>LEI: 549300KDSERHTJOXUS80 | Long             | EC               | CORP              | US        |     18665 | NS      | $3556242.45   | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Kontoor Brands, Inc.                      | Kontoor Brands, Inc.                                       | CUSIP: 50050N103<br>LEI: 549300M0CPXV65RFF271 | Long             | EC               | CORP              | US        |     23635 | NS      | $1661304.15   | 1.06%             |  |  |  | No            |                  1 | On Loan: —       |
| ADMA Biologics, Inc.                      | ADMA Biologics, Inc.                                       | CUSIP: 000899104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     85088 | NS      | $766642.88    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| SouthState Bank Corp.                     | SouthState Bank Corp.                                      | CUSIP: 84472E102<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |     25581 | NS      | $2366754.12   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| BridgeBio Pharma, Inc.                    | BridgeBio Pharma, Inc.                                     | CUSIP: 10806X102<br>LEI: 54930028YG89VTY2J114 | Long             | EC               | CORP              | US        |     26159 | NS      | $1942567.34   | 1.24%             |  |  |  | No            |                  1 | On Loan: —       |
| Installed Building Products, Inc.         | Installed Building Products, Inc.                          | CUSIP: 45780R101<br>LEI: 549300I95Y9P9YM5FI86 | Long             | EC               | CORP              | US        |      5323 | NS      | $1411393.45   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Nextpower Inc.                            | Nextpower Inc., Class A                                    | CUSIP: 65290E101<br>LEI: 2138001D4HUZ48PR8M23 | Long             | EC               | CORP              | US        |      7162 | NS      | $863379.10    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheesecake Factory Inc. (The)             | Cheesecake Factory Inc. (The)                              | CUSIP: 163072101<br>LEI: 529900872XMLK10SY247 | Long             | EC               | CORP              | US        |     30919 | NS      | $1692815.25   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Associated Banc-Corp                      | Associated Banc-Corp                                       | CUSIP: 045487105<br>LEI: 549300N3CIN473IW5094 | Long             | EC               | CORP              | US        |     61341 | NS      | $1586278.26   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Co.                     | Matador Resources Co.                                      | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |     19666 | NS      | $1242497.88   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Wintrust Financial Corp.                  | Wintrust Financial Corp.                                   | CUSIP: 97650W108<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EC               | CORP              | US        |     20044 | NS      | $2784913.36   | 1.77%             |  |  |  | No            |                  1 | On Loan: —       |
| Acushnet Holdings Corp.                   | Acushnet Holdings Corp.                                    | CUSIP: 005098108<br>LEI: 529900W5FI106H543E43 | Long             | EC               | CORP              | US        |     21655 | NS      | $2024309.40   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Guardant Health, Inc.                     | Guardant Health, Inc.                                      | CUSIP: 40131M109<br>LEI: 254900M8C3E5VC8BR186 | Long             | EC               | CORP              | US        |     18615 | NS      | $1719467.55   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Galaxy Digital Inc.                       | Galaxy Digital Inc.                                        | CUSIP: 36317J209<br>LEI: 9845001C4070E5N07806 | Long             | EC               | CORP              | US        |     41960 | NS      | $774162.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Miami International Holdings, Inc.        | Miami International Holdings, Inc.                         | CUSIP: 59356Q108<br>LEI: 254900TREUDBWGLAP788 | Long             | EC               | CORP              | US        |     48181 | NS      | $1875204.52   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegro Microsystems, Inc.                | Allegro Microsystems, Inc.                                 | CUSIP: 01749D105<br>LEI: 54930004TGPV6DR3LE12 | Long             | EC               | CORP              | US        |     45526 | NS      | $1435434.78   | 0.91%             |  |  |  | No            |                  1 | On Loan: —       |
| Newmark Group, Inc.                       | Newmark Group, Inc., Class A                               | CUSIP: 65158N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100920 | NS      | $1512790.80   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Carpenter Technology Corp.                | Carpenter Technology Corp.                                 | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |      4105 | NS      | $1617985.75   | 1.03%             |  |  |  | No            |                  1 | On Loan: —       |
| IES Holdings, Inc.                        | IES Holdings, Inc.                                         | CUSIP: 44951W106<br>LEI: 549300687T8E6LN6EN72 | Long             | EC               | CORP              | US        |      5245 | NS      | $2499085.15   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Dave Inc.                                 | Dave Inc.                                                  | CUSIP: 23834J201<br>LEI: 25490061SUVXCW51RZ82 | Long             | EC               | CORP              | US        |      8124 | NS      | $1414307.16   | 0.90%             |  |  |  | No            |                  1 | On Loan: —       |
| Invesco Government & Agency Portfolio     | Invesco Government & Agency Portfolio, Institutional Class | CUSIP: 825252885<br>LEI: 5493007T1J7WZ5QI1A47 | Long             | STIV             | RF                | US        |   1741568 | NS      | $1741568.31   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Casella Waste Systems, Inc.               | Casella Waste Systems, Inc., Class A                       | CUSIP: 147448104<br>LEI: 8EU0XUFVJ48U37IIDH51 | Long             | EC               | CORP              | US        |      9320 | NS      | $739448.80    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                                  | Fabrinet                                                   | CUSIP: G3323L100<br>LEI: 5493004TETZ6IYF7CV44 | Long             | EC               | CORP              | KY        |      3202 | NS      | $1669907.04   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Andersons, Inc. (The)                     | Andersons, Inc. (The)                                      | CUSIP: 034164103<br>LEI: L38MWB8MVRFV7HVJPU11 | Long             | EC               | CORP              | US        |     12998 | NS      | $932996.44    | 0.59%             |  |  |  | No            |                  1 | On Loan: —       |
| Encompass Health Corp.                    | Encompass Health Corp.                                     | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |     18325 | NS      | $1772577.25   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Private Government Fund           | Invesco Private Government Fund                            | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |   6127413 | NS      | $6127413.22   | 3.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Cognex Corp.                              | Cognex Corp.                                               | CUSIP: 192422103<br>LEI: 549300JQTYZCLC43S226 | Long             | EC               | CORP              | US        |     31113 | NS      | $1524225.87   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Griffon Corp.                             | Griffon Corp.                                              | CUSIP: 398433102<br>LEI: 5493000C2SGNC7ZN3242 | Long             | EC               | CORP              | US        |     18875 | NS      | $1371835.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Chefs' Warehouse, Inc. (The)              | Chefs' Warehouse, Inc. (The)                               | CUSIP: 163086101<br>LEI: 549300JYEDC8C547E980 | Long             | EC               | CORP              | US        |     24254 | NS      | $1441900.30   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| MACOM Technology Solutions Holdings, Inc. | MACOM Technology Solutions Holdings, Inc.                  | CUSIP: 55405Y100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20694 | NS      | $4595516.58   | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Quaker Chemical Corp.                     | Quaker Chemical Corp.                                      | CUSIP: 747316107<br>LEI: 549300PJQ1R3WCWCPS54 | Long             | EC               | CORP              | US        |      9834 | NS      | $1221677.82   | 0.78%             |  |  |  | No            |                  1 | On Loan: —       |
| MKS Inc.                                  | MKS Inc.                                                   | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |     17658 | NS      | $4057984.98   | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Helios Technologies, Inc.                 | Helios Technologies, Inc.                                  | CUSIP: 42328H109<br>LEI: 5493000BCJSMIDRNTI78 | Long             | EC               | CORP              | US        |     11200 | NS      | $724752.00    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Stevanato Group S.p.A.                    | Stevanato Group S.p.A.                                     | CUSIP: T9224W109<br>LEI: 81560033F7E1CD477507 | Long             | EC               | CORP              | IT        |     77067 | NS      | $1059671.25   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| BrightSpring Health Services, Inc.        | BrightSpring Health Services, Inc.                         | CUSIP: 10950A106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    102140 | NS      | $4352185.40   | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Repligen Corp.                            | Repligen Corp.                                             | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Long             | EC               | CORP              | US        |     11156 | NS      | $1314399.92   | 0.84%             |  |  |  | No            |                  1 | On Loan: —       |
| Equinox Gold Corp.                        | Equinox Gold Corp.                                         | CUSIP: 29446Y502<br>LEI: 5493005IN4V1SNP9PN75 | Long             | EC               | CORP              | CA        |     50024 | NS      | $723347.04    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** AIM Variable Insurance Funds (Invesco Variable Insurance Funds)

**Signature:** Adrien Deberghes

**Name of Signer:** Adrien Deberghes

**Title:** Principal Financial Officer and Treasurer