# EDGAR Filing Document

**Accession Number:** 0000708950
**File Stem:** 0001752724-25-200846
**Filing Date:** 2025-8
**Character Count:** 26063
**Document Hash:** efbfc2906d8c8a80c4ce580d647b986f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-200846.hdr.sgml**: 20250825

**ACCESSION NUMBER**: 0001752724-25-200846

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250825

**DATE AS OF CHANGE**: 20250825

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Calvert Variable Series, Inc.
- **CENTRAL INDEX KEY:** 0000708950

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03591
- **FILM NUMBER:** 251248210

**BUSINESS ADDRESS:**
- **STREET 1:** 2050 M STREET NW
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20036
- **BUSINESS PHONE:** 8002256265

**MAIL ADDRESS:**
- **STREET 1:** 2050 M STREET NW
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20036

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CALVERT VARIABLE SERIES INC
- **DATE OF NAME CHANGE:** 19990119

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ACACIA CAPITAL CORP
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Calvert VP SRI Mid Cap Portfolio (Series ID: S000008732)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000023790 | Calvert VP SRI Mid Cap Portfolio |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Calvert Variable Series, Inc.

- **b. Investment Company Act file number:** 811-03591

- **c. CIK number of Registrant:** 0000708950

- **d. LEI of Registrant:** 549300PYSF1HUAZ9Z349

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

  - **Street Address 1:** 2050 M Street NW

  - **City:** Washington

  - **State:** DC

  - **Foreign country:** US

  - **Zip / Postal Code:** 20036

  - **Telephone number:** 202-238-2200

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

- **a. Name of Series:** Calvert VP SRI Mid Cap Portfolio

- **b. EDGAR series identifier (if any):** S000008732

- **c. LEI of Series:** 549300CV2J0WT782FQ20

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $23843705.99

**Total Liabilities:** $120751.72

**Net Assets:** $23722954.27

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000023790 | -2.15%               | 3.72%                | 0.68%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $96101.84                | $-631418.20                                |
| Month 2  | $86550.22                | $798901.11                                 |
| Month 3  | $-96941.92               | $247390.99                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Nordson Corp                          | Nordson Corp                                                        | CUSIP: 655663102<br>LEI: 14OS6Q5N55N95WM84M53 | Long             | EC               | CORP              | US        |      1395 | NS      | $299046.15    | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK Inc                            | AMETEK Inc                                                          | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |      3983 | NS      | $720763.68    | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Core & Main Inc                       | Core & Main Inc                                                     | CUSIP: 21874C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12774 | NS      | $770910.90    | 3.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Drainage Systems Inc         | Advanced Drainage Systems Inc                                       | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |      2794 | NS      | $320918.84    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals Inc                    | United Rentals Inc                                                  | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |       415 | NS      | $312661.00    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Valvoline Inc                         | Valvoline Inc                                                       | CUSIP: 92047W101<br>LEI: 549300CMHPBEY6VPOT75 | Long             | EC               | CORP              | US        |      6642 | NS      | $251532.54    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryan Specialty Holdings Inc           | Ryan Specialty Holdings Inc                                         | CUSIP: 78351F107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4780 | NS      | $324992.20    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Tradeweb Markets Inc                  | Tradeweb Markets Inc                                                | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3374 | NS      | $493953.60    | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Donaldson Co Inc                      | Donaldson Co Inc                                                    | CUSIP: 257651109<br>LEI: OZE6KXY9QQPR8EJ8WL20 | Long             | EC               | CORP              | US        |      5352 | NS      | $371161.20    | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne Inc                          | Teradyne Inc                                                        | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |      2225 | NS      | $200072.00    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Arch Capital Group Ltd                | Arch Capital Group Ltd                                              | CUSIP: 000000000<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EC               | CORP              | BM        |      5595 | NS      | $509424.75    | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Aramark                               | Aramark                                                             | CUSIP: 03852U106<br>LEI: 549300MR6PG2DWZUIL39 | Long             | EC               | CORP              | US        |     13646 | NS      | $571358.02    | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Burlington Stores Inc                 | Burlington Stores Inc                                               | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |      2363 | NS      | $549728.32    | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| US Foods Holding Corp                 | US Foods Holding Corp                                               | CUSIP: 912008109<br>LEI: 549300UGOZSO64CFPR97 | Long             | EC               | CORP              | US        |      5013 | NS      | $386051.13    | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey's General Stores Inc            | Casey's General Stores Inc                                          | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |       252 | NS      | $128588.04    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Manhattan Associates Inc              | Manhattan Associates Inc                                            | CUSIP: 562750109<br>LEI: 529900Q1GJP7KD52SW51 | Long             | EC               | CORP              | US        |       625 | NS      | $123418.75    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology Inc              | Microchip Technology Inc                                            | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |      4952 | NS      | $348472.24    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Bankshares Inc        | First Financial Bankshares Inc                                      | CUSIP: 32020R109<br>LEI: 549300XN3GTGOENGNV49 | Long             | EC               | CORP              | US        |      8922 | NS      | $321013.56    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Dorman Products Inc                   | Dorman Products Inc                                                 | CUSIP: 258278100<br>LEI: 2549000O0BBUX740XR59 | Long             | EC               | CORP              | US        |      3929 | NS      | $481970.43    | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp/DE                           | CDW Corp/DE                                                         | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |      1508 | NS      | $269313.72    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyler Technologies Inc                | Tyler Technologies Inc                                              | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Long             | EC               | CORP              | US        |       550 | NS      | $326062.00    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| A O Smith Corp                        | A O Smith Corp                                                      | CUSIP: 831865209<br>LEI: 549300XG4US7UJNECY36 | Long             | EC               | CORP              | US        |      7784 | NS      | $510396.88    | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Dayforce Inc                          | Dayforce Inc                                                        | CUSIP: 15677J108<br>LEI: 549300T64GVCHFJ8L449 | Long             | EC               | CORP              | US        |      4521 | NS      | $250418.19    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamar Advertising Co                  | Lamar Advertising Co                                                | CUSIP: 512816109<br>LEI: 529900Y8WW4MKVPTB543 | Long             | EC               |  | US        |      3607 | NS      | $437745.52    | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc               | O'Reilly Automotive Inc                                             | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |      2580 | NS      | $232535.40    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| W R Berkley Corp                      | W R Berkley Corp                                                    | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |      3227 | NS      | $237087.69    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corp                       | CMS Energy Corp                                                     | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |      8586 | NS      | $594838.08    | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| American Financial Group Inc/OH       | American Financial Group Inc/OH                                     | CUSIP: 025932104<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EC               | CORP              | US        |      3102 | NS      | $391503.42    | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Caris Life Sciences Inc               | Caris Life Sciences Inc                                             | CUSIP: 142152107<br>LEI: 549300LX5LO78M5VPY43 | Long             | EC               | CORP              | US        |      4269 | NS      | $114067.68    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Entegris Inc                          | Entegris Inc                                                        | CUSIP: 29362U104<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | EC               | CORP              | US        |      1556 | NS      | $125491.40    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliant Energy Corp                   | Alliant Energy Corp                                                 | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |      9403 | NS      | $568599.41    | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| AptarGroup Inc                        | AptarGroup Inc                                                      | CUSIP: 038336103<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | EC               | CORP              | US        |      4405 | NS      | $689074.15    | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Domino's Pizza Inc                    | Domino's Pizza Inc                                                  | CUSIP: 25754A201<br>LEI: 25490005ZWM1IF9UXU57 | Long             | EC               | CORP              | US        |       562 | NS      | $253237.20    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Middleby Corp/The                     | Middleby Corp/The                                                   | CUSIP: 596278101<br>LEI: JDFO86U9VQRBKW5KYA35 | Long             | EC               | CORP              | US        |      3004 | NS      | $432576.00    | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| VeriSign Inc                          | VeriSign Inc                                                        | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |      2111 | NS      | $609656.80    | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Chemed Corp                           | Chemed Corp                                                         | CUSIP: 16359R103<br>LEI: 54930020031IDJT2IM79 | Long             | EC               | CORP              | US        |       480 | NS      | $233726.40    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Avery Dennison Corp                   | Avery Dennison Corp                                                 | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |       602 | NS      | $105632.94    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC              | Morgan Stanley Institutional Liquidity Funds - Government Portfolio | CUSIP: 61747C707<br>LEI: 549300BI6Y5SI6BYPB26 | Long             | STIV             | RF                | US        |      1368 | NS      | $1368.28      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Landstar System Inc                   | Landstar System Inc                                                 | CUSIP: 515098101<br>LEI: 254900CUQXQRL09MEI52 | Long             | EC               | CORP              | US        |      2080 | NS      | $289161.60    | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings Inc            | LPL Financial Holdings Inc                                          | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |      1444 | NS      | $541456.68    | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| LKQ Corp                              | LKQ Corp                                                            | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |      6855 | NS      | $253703.55    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| TE Connectivity PLC                   | TE Connectivity PLC                                                 | CUSIP: 000000000<br>LEI: 6367003TB6K484NFHE54 | Long             | EC               | CORP              | IE        |      3744 | NS      | $631500.48    | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Descartes Systems Group Inc/The       | Descartes Systems Group Inc/The                                     | CUSIP: 249906108<br>LEI: 875500NEPA7JI5EOMN45 | Long             | EC               | CORP              | CA        |      1189 | NS      | $120855.91    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Quaker Chemical Corp                  | Quaker Chemical Corp                                                | CUSIP: 747316107<br>LEI: 549300PJQ1R3WCWCPS54 | Long             | EC               | CORP              | US        |      2993 | NS      | $335036.42    | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Neurocrine Biosciences Inc            | Neurocrine Biosciences Inc                                          | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |      2977 | NS      | $374179.13    | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| ON Semiconductor Corp                 | ON Semiconductor Corp                                               | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |      4714 | NS      | $247060.74    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart Inc                            | Copart Inc                                                          | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |      9281 | NS      | $455418.67    | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| White Mountains Insurance Group Ltd   | White Mountains Insurance Group Ltd                                 | CUSIP: 000000000<br>LEI: 549300N3FL068JERBG02 | Long             | EC               | CORP              | BM        |       278 | NS      | $499210.16    | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinsale Capital Group Inc             | Kinsale Capital Group Inc                                           | CUSIP: 49714P108<br>LEI: 529900QTUQHNZ6HOA508 | Long             | EC               | CORP              | US        |       681 | NS      | $329535.90    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| NVR Inc                               | NVR Inc                                                             | CUSIP: 62944T105<br>LEI: 529900RWXR4JI3JYTV70 | Long             | EC               | CORP              | US        |        41 | NS      | $302812.06    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics Inc                  | Verisk Analytics Inc                                                | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |       750 | NS      | $233625.00    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Church & Dwight Co Inc                | Church & Dwight Co Inc                                              | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |      3300 | NS      | $317163.00    | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| EastGroup Properties Inc              | EastGroup Properties Inc                                            | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               |  | US        |      1417 | NS      | $236809.04    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Commerce Bancshares Inc/MO            | Commerce Bancshares Inc/MO                                          | CUSIP: 200525103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6824 | NS      | $424248.08    | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communities Inc | Mid-America Apartment Communities Inc                               | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               |  | US        |      3069 | NS      | $454242.69    | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Hexcel Corp                           | Hexcel Corp                                                         | CUSIP: 428291108<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | EC               | CORP              | US        |      2370 | NS      | $133881.30    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Wyndham Hotels & Resorts Inc          | Wyndham Hotels & Resorts Inc                                        | CUSIP: 98311A105<br>LEI: 549300FE3MQ4RVXXC673 | Long             | EC               | CORP              | US        |      6381 | NS      | $518201.01    | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties Inc       | Equity LifeStyle Properties Inc                                     | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               |  | US        |      9877 | NS      | $609114.59    | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Royalty Pharma PLC                    | Royalty Pharma PLC                                                  | CUSIP: 000000000<br>LEI: 549300FGFN7VOK8BZR03 | Long             | EC               | CORP              | GB        |     15492 | NS      | $558176.76    | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions Inc                | Motorola Solutions Inc                                              | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |      1674 | NS      | $703850.04    | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| AAON Inc                              | AAON Inc                                                            | CUSIP: 000360206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4303 | NS      | $317346.25    | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Graco Inc                             | Graco Inc                                                           | CUSIP: 384109104<br>LEI: 4T5VJ4S81BRT6Q7GGT78 | Long             | EC               | CORP              | US        |      5410 | NS      | $465097.70    | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc                | IDEXX Laboratories Inc                                              | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |      1105 | NS      | $592655.70    | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-25

**Name of Applicant:** Calvert Variable Series, Inc.

**Signature:** James Kirchner

**Name of Signer:** James Kirchner

**Title:** Treasurer