# EDGAR Filing Document

**Accession Number:** 0001176343
**File Stem:** 0001752724-23-035966
**Filing Date:** 2023-2
**Character Count:** 9824
**Document Hash:** 3a4ac4d17dca35e81581cef40d6586a4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-035966.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001752724-23-035966

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221230

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LEGG MASON PARTNERS VARIABLE EQUITY TRUST
- **CENTRAL INDEX KEY:** 0001176343
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MD

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21128
- **FILM NUMBER:** 23657677

**BUSINESS ADDRESS:**
- **STREET 1:** LEGG MASON & CO., LLC
- **STREET 2:** 620 EIGHTH AVENUE, 49TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018
- **BUSINESS PHONE:** 1-877-721-1926

**MAIL ADDRESS:**
- **STREET 1:** LEGG MASON & CO., LLC
- **STREET 2:** 620 EIGHTH AVENUE, 49TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Legg Mason Partners Variable Portfolios IV
- **DATE OF NAME CHANGE:** 20060501

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SMITH BARNEY MULTIPLE DISCIPLINE TRUST
- **DATE OF NAME CHANGE:** 20021004

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SMITH BARNEY MULTIPLE DISCIPLINE ACCOUNT TRUST
- **DATE OF NAME CHANGE:** 20020626

## Series and Classes Contracts Data

### Franklin Templeton Conservative Model Portfolio (Series ID: S000068272)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000218576 | Class I      | QLMAIX          |
| C000218577 | Class II     | QLMAJX          |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Legg Mason Partners Variable Equity Trust

- **b. Investment Company Act file number:** 811-21128

- **c. CIK number of Registrant:** 0001176343

- **d. LEI of Registrant:** 549300W9EP2BXVLOGN89

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

  - **Street Address 1:** 620 Eighth Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10018

  - **Telephone number:** 1-877-721-1926

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

- **a. Name of Series:** Franklin Templeton Conservative Model Portfolio

- **b. EDGAR series identifier (if any):** S000068272

- **c. LEI of Series:** 5493007NRDJ55I7D0G40

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-30

**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:** $162768003.60

**Total Liabilities:** $69918.00

**Net Assets:** $162698085.60

**Cash Not Reported:** $259980.21

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000218577 | 0.77%                | 3.81%                | -1.55%               |
| Class ID C000218576 | 0.88%                | 3.80%                | -1.52%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-1241595.56                               |
| Month 2  | $0.00                    | $5901025.84                                |
| Month 3  | $0.00                    | $-3716076.40                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| PIMCO VIT Total Return Portfolio                         | PIMCO VIT Total Return Portfolio                         | CUSIP: 693394785<br>LEI: WXIJUDZ58N7QM7IEFC20 | Long             | EC               | RF                | US        |   1694178 | NS      | $15213720.38  | 9.35%             |  |  |  | No            |                  1 | On Loan: No      |
| MainStay VP Bond Init                                    | MainStay VP Bond Init                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |   1783591 | NS      | $21539000.74  | 13.24%            |  |  |  | No            |                  2 | On Loan: No      |
| MainStay VP Eagle Small Growth Init                      | MainStay VP Eagle Small Growth Init                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |    335585 | NS      | $3143624.75   | 1.93%             |  |  |  | No            |                  2 | On Loan: No      |
| MFS Variable Insurance Trust - Research Series           | MFS Variable Insurance Trust - Research Series           | CUSIP: 55273F308<br>LEI: N/A                  | Long             | EC               | RF                | US        |    172957 | NS      | $4797822.49   | 2.95%             |  |  |  | No            |                  2 | On Loan: No      |
| American Funds IS The Bond Fd of Amer1A                  | American Funds IS The Bond Fd of Amer1A                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2492678 | NS      | $23306538.37  | 14.33%            |  |  |  | No            |                  1 | On Loan: No      |
| Western Asset Core Plus VIT Portfolio                    | Western Asset Core Plus VIT Portfolio                    | CUSIP: 52467K771<br>LEI: 549300ZKZMJ585OXJ739 | Long             | EC               | RF                | US        |   1995439 | NS      | $9618015.01   | 5.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity VIP Equity Income Portfolio                     | Fidelity VIP Equity Income Portfolio                     | CUSIP: 922174305<br>LEI: N/A                  | Long             | EC               | RF                | US        |    140882 | NS      | $3319185.90   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity 500 Index Fund                                  | Fidelity 500 Index Fund                                  | CUSIP: 315911750<br>LEI: VNHOOHES3TKXOTQ3FS51 | Long             | EC               | RF                | US        |     88894 | NS      | $11833563.16  | 7.27%             |  |  |  | No            |                  1 | On Loan: No      |
| PIMCO International Bond Portfolio U.S. Dollar-Hedged    | PIMCO International Bond Portfolio U.S. Dollar-Hedged    | CUSIP: 693394694<br>LEI: 549300P9300R3FCSTO42 | Long             | EC               | RF                | US        |   1981986 | NS      | $18848685.42  | 11.59%            |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Liquidity Funds Treasury Trust Fund Portfolio  | BlackRock Liquidity Funds Treasury Trust Fund Portfolio  | CUSIP: 09248U551<br>LEI: 549300U5PI8CHFJM7202 | Long             | STIV             | RF                | US        |   2501653 | NS      | $2501653.35   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbia Variable Portfolio - Emerging Markets Bond Fund | Columbia Variable Portfolio - Emerging Markets Bond Fund | CUSIP: 19766L586<br>LEI: N/A                  | Long             | EC               | RF                | US        |    879986 | NS      | $6617498.11   | 4.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity US Bond Index                                   | Fidelity US Bond Index                                   | CUSIP: 316146356<br>LEI: 5VUJ0DJSDOFYE2WQN531 | Long             | EC               | RF                | US        |   2351652 | NS      | $23939816.33  | 14.71%            |  |  |  | No            |                  1 | On Loan: No      |
| MainStay VP PIMCO Real Return Init                       | MainStay VP PIMCO Real Return Init                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |   1148073 | NS      | $9442211.53   | 5.80%             |  |  |  | No            |                  2 | On Loan: No      |
| MainStay VP Epoch US Equity Yield Initl                  | MainStay VP Epoch US Equity Yield Initl                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |    295374 | NS      | $4975659.77   | 3.06%             |  |  |  | No            |                  2 | On Loan: No      |
| MainStay VP MacKay Convertible Initl                     | MainStay VP MacKay Convertible Initl                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |    233402 | NS      | $3251361.29   | 2.00%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-22

**Name of Applicant:** Legg Mason Partners Variable Equity Trust

**Signature:** Christopher Berarducci

**Name of Signer:** Christopher Berarducci

**Title:** Principal Financial Officer