# EDGAR Filing Document

**Accession Number:** 0000825316
**File Stem:** 0001410368-25-027471
**Filing Date:** 2025-11
**Character Count:** 69115
**Document Hash:** a141b53b48e05a9ebf35436fed35900b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-027471.hdr.sgml**: 20251120

**ACCESSION NUMBER**: 0001410368-25-027471

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251120

**DATE AS OF CHANGE**: 20251120

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AB VARIABLE PRODUCTS SERIES FUND, INC.
- **CENTRAL INDEX KEY:** 0000825316

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05398
- **FILM NUMBER:** 251503011

**BUSINESS ADDRESS:**
- **STREET 1:** ALLIANCEBERNSTEIN LP
- **STREET 2:** 66 HUDSON BOULEVARD EAST, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001
- **BUSINESS PHONE:** 2129691000

**MAIL ADDRESS:**
- **STREET 1:** ALLIANCEBERNSTEIN LP
- **STREET 2:** 66 HUDSON BOULEVARD EAST, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALLIANCEBERNSTEIN VARIABLE PRODUCTS SERIES FUND INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### AB International Value Portfolio (Series ID: S000010431)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000028828 | Class A      |  |
| C000028829 | Class B      |  |

## Nport-Ex

**AB Variable Products Series Fund, Inc.** 

**AB International Value Portfolio** 

**Portfolio of Investments** 

**September 30, 2025 (unaudited)** 

---

| | | |
|:---|:---|:---|
| **Company** | **Shares** | **U.S. $ Value** |
|  **COMMON STOCKS – 97.4%** | **COMMON STOCKS – 97.4%** | **COMMON STOCKS – 97.4%** |
|  **Financials – 18.2%** | **Financials – 18.2%** | **Financials – 18.2%** |
|  **Banks – 11.3%** | **Banks – 11.3%** | **Banks – 11.3%** |
|  ABN AMRO Bank NV | 166043 | $5326585 |
|  Banco Bilbao Vizcaya Argentaria SA<sup>(a)</sup> | 320800 | 6181702 |
|  BPER Banca SpA | 432150 | 4806440 |
|  Danske Bank A/S | 123282 | 5265936 |
|  Erste Group Bank AG | 44888 | 4412605 |
|  Eurobank Ergasias Services & Holdings SA - Class A | 949840 | 3674314 |
|  Resona Holdings, Inc. | 631100 | 6435514 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36103096 |
|  **Insurance – 6.9%** | **Insurance – 6.9%** | **Insurance – 6.9%** |
|  ASR Nederland NV | 70400 | 4790672 |
|  AXA SA | 136457 | 6543801 |
|  Beazley PLC | 366070 | 4477023 |
|  Prudential PLC | 424478 | 5942566 |
|  Sony Financial Group, Inc. | 217400 | 241090 |
|  |  | 21995152 |
|  |  | 58098248 |
|  **Industrials – 18.0%** | **Industrials – 18.0%** | **Industrials – 18.0%** |
|  **Aerospace & Defense – 5.9%** | **Aerospace & Defense – 5.9%** | **Aerospace & Defense – 5.9%** |
|  Airbus SE | 33535 | 7831291 |
|  BAE Systems PLC | 195194 | 5433502 |
|  Melrose Industries PLC | 685166 | 5640882 |
|  |  | 18905675 |
|  **Construction & Engineering – 2.7%** | **Construction & Engineering – 2.7%** | **Construction & Engineering – 2.7%** |
|  Shimizu Corp. | 265500 | 3729689 |
|  Vinci SA | 34348 | 4773410 |
|  |  | 8503099 |
|  **Electrical Equipment – 1.5%** | **Electrical Equipment – 1.5%** | **Electrical Equipment – 1.5%** |
|  Mitsubishi Electric Corp. | 188300 | 4836247 |
|  **Ground Transportation – 1.3%** | **Ground Transportation – 1.3%** | **Ground Transportation – 1.3%** |
|  Keisei Electric Railway Co., Ltd.<sup>(a)</sup> | 454700 | 4217624 |
|  **Machinery – 3.8%** | **Machinery – 3.8%** | **Machinery – 3.8%** |
|  CNH Industrial NV | 404690 | 4390887 |
|  Techtronic Industries Co., Ltd. - Class H | 246500 | 3151065 |
|  Toyota Industries Corp.<sup>(a) (b)</sup> | 41400 | 4656193 |
|  |  | 12198145 |
|  **Passenger Airlines – 1.5%** | **Passenger Airlines – 1.5%** | **Passenger Airlines – 1.5%** |
|  Ryanair Holdings PLC (Sponsored ADR)<sup>(a)</sup> | 80750 | 4862765 |
|  **Professional Services – 1.3%** | **Professional Services – 1.3%** | **Professional Services – 1.3%** |
|  Persol Holdings Co., Ltd. | 2233200 | 4067424 |
|  |  | 57590979 |
|  **Health Care – 13.0%** | **Health Care – 13.0%** | **Health Care – 13.0%** |
|  **Health Care Equipment & Supplies – 1.4%** | **Health Care Equipment & Supplies – 1.4%** | **Health Care Equipment & Supplies – 1.4%** |
|  Siemens Healthineers AG | 81211 | 4398890 |

---

------

---

| | | |
|:---|:---|:---|
| **Company** | **Shares** | **U.S. $ Value** |
|  **Health Care Providers & Services – 1.0%** | **Health Care Providers & Services – 1.0%** | **Health Care Providers & Services – 1.0%** |
|  Fresenius SE & Co. KGaA | 56408 | $3152390 |
|  **Life Sciences Tools & Services – 1.6%** | **Life Sciences Tools & Services – 1.6%** | **Life Sciences Tools & Services – 1.6%** |
|  ICON PLC<sup>(b)</sup> | 30419 | 5323325 |
|  **Pharmaceuticals – 9.0%** | **Pharmaceuticals – 9.0%** | **Pharmaceuticals – 9.0%** |
|  Haleon PLC | 1262030 | 5679359 |
|  Merck KGaA | 24513 | 3180433 |
|  Novo Nordisk A/S - Class B | 102114 | 5685873 |
|  Roche Holding AG | 29084 | 9684491 |
|  Takeda Pharmaceutical Co., Ltd.<sup>(a)</sup> | 150800 | 4429055 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28659211 |
|  |  | 41533816 |
|  **Consumer Discretionary – 9.6%** | **Consumer Discretionary – 9.6%** | **Consumer Discretionary – 9.6%** |
|  **Automobile Components – 1.2%** | **Automobile Components – 1.2%** | **Automobile Components – 1.2%** |
|  Toyo Tire Corp. | 147500 | 3916061 |
|  **Automobiles – 1.9%** | **Automobiles – 1.9%** | **Automobiles – 1.9%** |
|  Honda Motor Co., Ltd.<sup>(a)</sup> | 600700 | 6198818 |
|  **Household Durables – 2.0%** | **Household Durables – 2.0%** | **Household Durables – 2.0%** |
|  Sony Group Corp. | 217400 | 6249533 |
|  **Specialty Retail – 3.3%** | **Specialty Retail – 3.3%** | **Specialty Retail – 3.3%** |
|  Industria de Diseno Textil SA | 114826 | 6354913 |
|  JD Sports Fashion PLC | 3110850 | 4004744 |
|  |  | 10359657 |
|  **Textiles, Apparel & Luxury Goods – 1.2%** | **Textiles, Apparel & Luxury Goods – 1.2%** | **Textiles, Apparel & Luxury Goods – 1.2%** |
|  Burberry Group PLC<sup>(b)</sup> | 246090 | 3887570 |
|  |  | 30611639 |
|  **Information Technology – 7.9%** | **Information Technology – 7.9%** | **Information Technology – 7.9%** |
|  **Semiconductors & Semiconductor Equipment – 6.0%** | **Semiconductors & Semiconductor Equipment – 6.0%** | **Semiconductors & Semiconductor Equipment – 6.0%** |
|  NXP Semiconductors NV | 13929 | 3172051 |
|  Taiwan Semiconductor Manufacturing Co., Ltd. | 173000 | 7514742 |
|  Tokyo Electron Ltd. | 47300 | 8384728 |
|  |  | 19071521 |
|  **Technology Hardware, Storage & Peripherals – 1.9%** | **Technology Hardware, Storage & Peripherals – 1.9%** | **Technology Hardware, Storage & Peripherals – 1.9%** |
|  Samsung Electronics Co., Ltd. | 103258 | 6190348 |
|  |  | 25261869 |
|  **Communication Services – 7.3%** | **Communication Services – 7.3%** | **Communication Services – 7.3%** |
|  **Diversified Telecommunication Services – 4.4%** | **Diversified Telecommunication Services – 4.4%** | **Diversified Telecommunication Services – 4.4%** |
|  Deutsche Telekom AG (REG) | 151887 | 5174708 |
|  Koninklijke KPN NV | 916189 | 4397285 |
|  Telstra Group Ltd. | 1406160 | 4483008 |
|  |  | 14055001 |
|  **Entertainment – 1.4%** | **Entertainment – 1.4%** | **Entertainment – 1.4%** |
|  Toho Co. Ltd./Tokyo<sup>(a)</sup> | 69100 | 4441950 |
|  **Media – 1.5%** | **Media – 1.5%** | **Media – 1.5%** |
|  Publicis Groupe SA | 51590 | 4964678 |
|  |  | 23461629 |

---

------

---

| | | |
|:---|:---|:---|
| **Company** | **Shares** | **U.S. $ Value** |
|  **Materials – 6.9%** | **Materials – 6.9%** | **Materials – 6.9%** |
|  **Chemicals – 3.0%** | **Chemicals – 3.0%** | **Chemicals – 3.0%** |
|  Arkema SA | 41025 | $2601316 |
|  Kuraray Co., Ltd. | 289100 | 3323038 |
|  Tosoh Corp.<sup>(a)</sup> | 243100 | 3596304 |
|  |  | 9520658 |
|  **Construction Materials – 2.1%** | **Construction Materials – 2.1%** | **Construction Materials – 2.1%** |
|  CRH PLC | 54764 | 6566204 |
|  **Metals & Mining – 1.8%** | **Metals & Mining – 1.8%** | **Metals & Mining – 1.8%** |
|  Lundin Mining Corp.<sup>(a)</sup> | 394929 | 5891159 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21978021 |
|  **Energy – 5.2%** | **Energy – 5.2%** | **Energy – 5.2%** |
|  **Energy Equipment & Services – 4.6%** | **Energy Equipment & Services – 4.6%** | **Energy Equipment & Services – 4.6%** |
|  Shell PLC | 298814 | 10717699 |
|  Vallourec SACA | 207682 | 3964177 |
|  |  | 14681876 |
|  **Oil, Gas & Consumable Fuels – 0.6%** | **Oil, Gas & Consumable Fuels – 0.6%** | **Oil, Gas & Consumable Fuels – 0.6%** |
|  Repsol SA | 101016 | 1796290 |
|  |  | 16478166 |
|  **Consumer Staples – 5.0%** | **Consumer Staples – 5.0%** | **Consumer Staples – 5.0%** |
|  **Beverages – 3.6%** | **Beverages – 3.6%** | **Beverages – 3.6%** |
|  Anheuser-Busch InBev SA/NV | 107000 | 6396105 |
|  Coca-Cola Europacific Partners PLC<sup>(a)</sup> | 55253 | 4995424 |
|  |  | 11391529 |
|  **Food Products – 1.4%** | **Food Products – 1.4%** | **Food Products – 1.4%** |
|  Toyo Suisan Kaisha Ltd. | 62500 | 4464976 |
|  |  | 15856505 |
|  **Utilities – 3.4%** | **Utilities – 3.4%** | **Utilities – 3.4%** |
|  **Electric Utilities – 3.4%** | **Electric Utilities – 3.4%** | **Electric Utilities – 3.4%** |
|  EDP SA | 1197382 | 5682733 |
|  Enel SpA | 547310 | 5186605 |
|  |  | 10869338 |
|  **Real Estate – 2.9%** | **Real Estate – 2.9%** | **Real Estate – 2.9%** |
|  **Diversified REITs – 1.4%** | **Diversified REITs – 1.4%** | **Diversified REITs – 1.4%** |
|  Merlin Properties Socimi SA | 293904 | 4450803 |
|  **Real Estate Management & Development – 1.5%** | **Real Estate Management & Development – 1.5%** | **Real Estate Management & Development – 1.5%** |
|  Mitsui Fudosan Co., Ltd. | 454800 | 4951001 |
|  |  | 9401804 |
|  Total Common Stocks <br>(cost $237,013,201) |  | 311142014 |

---

------

---

| | | |
|:---|:---|:---|
| **Company** | **Shares** | **U.S. $ Value** |
|  **SHORT-TERM INVESTMENTS – 1.4%** | **SHORT-TERM INVESTMENTS – 1.4%** | **SHORT-TERM INVESTMENTS – 1.4%** |
|  **Investment Companies – 1.4%** | **Investment Companies – 1.4%** | **Investment Companies – 1.4%** |
|  AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 3.97%<sup>(c) (d) (e)</sup> <br>(cost $4,338,549) | 4338549 | $4338549 |
|  **Total Investments Before Security Lending Collateral for Securities Loaned – 98.8%** <br> (cost $241,351,750) | **Total Investments Before Security Lending Collateral for Securities Loaned – 98.8%** <br> (cost $241,351,750) | 315480563 |
|  **INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED – 2.6%** | **INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED – 2.6%** | **INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED – 2.6%** |
|  **Investment Companies – 2.6%** | **Investment Companies – 2.6%** | **Investment Companies – 2.6%** |
|  AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 3.97%<sup>(c) (d) (e)</sup> <br>(cost $8,538,862) | 8538862 | 8538862 |
|  **Total Investments – 101.4%** <br> (cost $249,890,612)<sup>(f)</sup> | **Total Investments – 101.4%** <br> (cost $249,890,612)<sup>(f)</sup> | 324019425 |
|  Other assets less liabilities – (1.4)% |  | (4629494) |
|  **Net Assets – 100.0%** |  | $**319389931** |

---

**FORWARD CURRENCY EXCHANGE CONTRACTS** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Contracts to<br>Deliver<br>(000)** | **Contracts to<br>Deliver<br>(000)** | **In Exchange<br>For<br>(000)** | **In Exchange<br>For<br>(000)** | **Settlement<br>Date** | **Unrealized<br>Appreciation<br>(Depreciation)** |
| Bank of America NA | CAD | 5894 | USD | 4271 | 11/14/2025 | $27394 |
| Bank of America NA | EUR | 749 | USD | 879 | 11/21/2025 | (3401) |
| Bank of America NA | TWD | 181155 | USD | 6117 | 11/21/2025 | 149345 |
| Bank of America NA | USD | 991 | EUR | 842 | 11/21/2025 | 344 |
| Bank of America NA | USD | 1142 | GBP | 850 | 12/05/2025 | 1610 |
| Bank of America NA | USD | 2836 | GBP | 2075 | 12/05/2025 | (45153) |
| Barclays Capital, Inc. | BRL | 4192 | USD | 783 | 10/02/2025 | (4211) |
| Barclays Capital, Inc. | USD | 788 | BRL | 4192 | 10/02/2025 | (541) |
| Barclays Capital, Inc. | USD | 865 | KRW | 1200369 | 10/14/2025 | (10201) |
| Barclays Capital, Inc. | USD | 777 | BRL | 4192 | 11/04/2025 | 3931 |
| Barclays Capital, Inc. | USD | 9603 | SEK | 90122 | 11/20/2025 | (64) |
| Citibank NA | KRW | 6592862 | USD | 4808 | 10/14/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110448 |
| Citibank NA | JPY | 141740 | USD | 960 | 10/30/2025 | (1451) |
| Citibank NA | USD | 1416 | JPY | 209952 | 10/30/2025 | 7810 |
| Citibank NA | USD | 1202 | JPY | 175245 | 10/30/2025 | (13662) |
| Citibank NA | USD | 867 | EUR | 731 | 11/21/2025 | (6694) |
| Deutsche Bank AG | KRW | 1126336 | USD | 814 | 10/14/2025 | 11756 |
| Deutsche Bank AG | JPY | 133555 | USD | 913 | 10/30/2025 | 7359 |
| Goldman Sachs Bank USA | JPY | 124084 | USD | 842 | 10/30/2025 | 880 |
| Goldman Sachs Bank USA | USD | 915 | JPY | 135288 | 10/30/2025 | 2260 |
| HSBC Bank USA | USD | 2336 | ILS | 7989 | 10/22/2025 | 75951 |
| JPMorgan Chase Bank | EUR | 714 | USD | 845 | 11/21/2025 | 4182 |
| JPMorgan Chase Bank | USD | 856 | EUR | 728 | 11/21/2025 | 1667 |
| Morgan Stanley Capital Services, Inc. | BRL | 4192 | USD | 788 | 10/02/2025 | 540 |
| Morgan Stanley Capital Services, Inc. | USD | 763 | BRL | 4192 | 10/02/2025 | 24289 |
| Morgan Stanley Capital Services, Inc. | JPY | 1808960 | USD | 12355 | 10/30/2025 | 86464 |
| Morgan Stanley Capital Services, Inc. | JPY | 133879 | USD | 907 | 10/30/2025 | (497) |

---

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Contracts to<br>Deliver<br>(000)** | **Contracts to<br>Deliver<br>(000)** | **In Exchange<br>For<br>(000)** | **In Exchange<br>For<br>(000)** | **Settlement<br>Date** | **Unrealized<br>Appreciation<br>(Depreciation)** |
| Morgan Stanley Capital Services, Inc. | USD | 526 | JPY | 76982 | 10/30/2025 | $(3420) |
| Morgan Stanley Capital Services, Inc. | USD | 2733 | NOK | 27379 | 11/20/2025 | 11103 |
| Morgan Stanley Capital Services, Inc. | USD | 811 | SEK | 7529 | 11/20/2025 | (8524) |
| Morgan Stanley Capital Services, Inc. | EUR | 23844 | USD | 28156 | 11/21/2025 | 78863 |
| Morgan Stanley Capital Services, Inc. | USD | 6242 | CHF | 4917 | 11/21/2025 | (28941) |
| Morgan Stanley Capital Services, Inc. | USD | 869 | EUR | 740 | 11/21/2025 | 2020 |
| Morgan Stanley Capital Services, Inc. | USD | 2706 | GBP | 2005 | 12/05/2025 | (9273) |
| Morgan Stanley Capital Services, Inc. | USD | 3955 | SGD | 5015 | 12/18/2025 | (45329) |
| NatWest Markets PLC | USD | 18112 | AUD | 27977 | 11/07/2025 | 409888 |
| State Street Bank & Trust Co. | KRW | 919812 | USD | 663 | 10/14/2025 | 7676 |
| State Street Bank & Trust Co. | JPY | 69664 | USD | 473 | 10/30/2025 | 263 |
| State Street Bank & Trust Co. | USD | 3631 | JPY | 530822 | 10/30/2025 | (30609) |
| State Street Bank & Trust Co. | USD | 754 | NZD | 1273 | 11/07/2025 | (14651) |
| State Street Bank & Trust Co. | CAD | 1100 | USD | 793 | 11/14/2025 | 1117 |
| State Street Bank & Trust Co. | USD | 474 | EUR | 403 | 11/21/2025 | 460 |
| State Street Bank & Trust Co. | USD | 227 | GBP | 169 | 12/05/2025 | 334 |
| State Street Bank & Trust Co. | USD | 2206 | GBP | 1635 | 12/05/2025 | (7228) |
| UBS | USD | 925 | JPY | 137045 | 10/30/2025 | 4764 |
| UBS | USD | 12568 | CHF | 9890 | 11/21/2025 | (71012) |
|  |  |  |  |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;727856 |

---

*(a)* *Represents entire or partial securities out on loan.* 

*(b)* *Non-income producing security.* 

*(c)* *The rate shown represents the 7-day yield as of period end.* 

*(d)* *To obtain a copy of the fund's shareholder report, please go to the Securities and Exchange Commission's website at www.sec.gov. Additionally, shareholder reports for AB funds can be obtained by calling AB at (800) 227-4618.* 

*(e)* *Affiliated investments.* 

*(f)* *As of September 30, 2025, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $80,216,207 and gross unrealized depreciation of investments was $(5,359,538), resulting in net unrealized appreciation of $74,856,669.* 

*Please note: The sector classifications presented herein are based on the Global Industry Classification Standard (GICS) which was developed by Morgan Stanley Capital International and Standard & Poor's. The components are divided into sector, industry group, and industry sub-indices as classified by the GICS for each of the market capitalization indices in the broad market.* <br>

*Currency Abbreviations:* 

*AUD – Australian Dollar* 

*BRL – Brazilian Real* 

*CAD – Canadian Dollar* 

*CHF – Swiss Franc* 

*EUR – Euro* 

*GBP – Great British Pound* 

*ILS – Israeli Shekel* 

------

*JPY – Japanese Yen* 

*KRW – South Korean Won* 

*NOK – Norwegian Krone* 

*NZD – New Zealand Dollar* 

*SEK – Swedish Krona* 

*SGD – Singapore Dollar* 

*TWD – New Taiwan Dollar* 

*USD – United States Dollar* 

*Glossary:* 

*ADR – American Depositary Receipt* 

*REG – Registered Shares* 

*REIT – Real Estate Investment Trust* 

**COUNTRY BREAKDOWN<sup>1</sup>** 

**September 30, 2025 (unaudited)** 

24.8 % Japan

12.4 % United Kingdom

9.7 % France

8.0 % United States

5.9 % Spain

5.0 % Germany

4.7 % Italy

4.6 % Netherlands

3.5 % Denmark

3.1 % Switzerland

2.9 % Hong Kong

2.4 % Taiwan

2.0 % Belgium

9.6 % Other

1.4 % Short-Term Investments

100.0 % Total Investments

<sup>1</sup> The Portfolio's country breakdown is expressed as a percentage of total investments (excluding security lending collateral) and may vary over time. The Portfolio also enters into derivative transactions, which may be used for hedging or investment purposes (see "Portfolio of Investments" section of the report for additional details). "Other" country weightings represent 2.0% or less in the following: Australia, Austria, Chile, Greece, Portugal and South Korea. 

------

**AB Variable Products Series Fund, Inc.** 

**AB International Value Portfolio** 

**September 30, 2025 (unaudited)** 

In accordance with U.S. GAAP regarding fair value measurements, fair value is defined as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a framework for measuring fair value, and a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability (including those valued based on their market values). Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the Portfolio. Unobservable inputs reflect the Portfolio's own assumptions about the assumptions that market participants would use in pricing the asset or liability based on the best information available in the circumstances. Each investment is assigned a level based upon the observability of the inputs which are significant to the overall valuation. The three-tier hierarchy of inputs is summarized below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 - quoted prices in active markets for identical investments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates,
prepayment speeds, credit risk, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 - significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value
of investments)

The fair value of debt instruments, such as bonds, and over-the-counter derivatives is generally based on market price quotations, recently executed market transactions (where observable) or industry recognized modeling techniques and are generally classified as Level 2. Pricing vendor inputs to Level 2 valuations may include quoted prices for similar investments in active markets, interest rate curves, coupon rates, currency rates, yield curves, option adjusted spreads, default rates, credit spreads and other unique security features in order to estimate the relevant cash flows which are then discounted to calculate fair values. If these inputs are unobservable and significant to the fair value, these investments will be classified as Level 3.

Where readily available market prices or relevant bid prices are not available for certain equity investments, such investments may be valued based on similar publicly traded investments, movements in relevant indices since last available prices or based upon underlying company fundamentals and comparable company data (such as multiples to earnings or other multiples to equity). Where an investment is valued using an observable input, by pricing vendors, such as another publicly traded security, the investment will be classified as Level 2. If management determines that an adjustment is appropriate based on restrictions on resale, illiquidity or uncertainty, and such adjustment is a significant component of the valuation, the investment will be classified as Level 3. An investment will also be classified as Level 3 where management uses company fundamentals and other significant inputs to determine the valuation.

The following table summarizes the valuation of the Portfolio's investments by the above fair value hierarchy levels as of September 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments in Securities:** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financials | $241090 | $57857158 | $— | $58098248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industrials | 9253652 | 48337327 |  | 57590979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health Care | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5323325 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36210491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41533816 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments in Securities:** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Consumer Discretionary | $— | $30611639 | $— | $30611639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Information Technology | 3172051 | 22089818 |  | 25261869 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Communication Services |  | 23461629 |  | 23461629 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Materials | 12457363 | 9520658 |  | 21978021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Energy |  | 16478166 |  | 16478166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Consumer Staples | 4995424 | 10861081 |  | 15856505 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Utilities |  | 10869338 |  | 10869338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Real Estate |  | 9401804 |  | 9401804 |
| Short-Term Investments | 4338549 |  |  | 4338549 |
| Investments of Cash Collateral for Securities Loaned in Affiliated Money Market Fund | 8538862 |  |  | 8538862 |
| Total Investments in Securities | 48320316 | 275699109 <sup>(a)</sup> |  | 324019425 |
| **Other Financial Instruments<sup>(b)</sup>:** |  |  |  |  |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Forward Currency Exchange Contracts |  | 1032718 |  | 1032718 |
| **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** |
| Forward Currency Exchange Contracts |  | (304862) |  | (304862) |
| **Total** | $**48320316** | $**276426965** | $**—** | $**324747281** |

---

*<sup>(a)</sup>* *A significant portion of the Portfolio's foreign equity investments are categorized as Level 2 investments since they are valued using fair value prices based on third party vendor modeling tools to the extent available.* 

*<sup>(b)</sup>* *Other financial instruments include derivative instruments, such as futures, forwards and swaps. Derivative instruments are valued at the unrealized appreciation (depreciation) on the instrument. Other financial instruments may also include swaps with upfront premiums, written options and written swaptions which are valued at market value.* 

A summary of the Portfolio's transactions in AB mutual funds for the nine months ended September 30, 2025 is as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Fund** | **Market Value<br>12/31/2024<br>(000)** | **Purchases<br>at Cost<br>(000)** | **Sales<br>Proceeds<br>(000)** | **Market Value<br>09/30/2025<br>(000)** | **Dividend<br>Income<br>(000)** |
| AB Government Money Market Portfolio | $2345 | $89283 | $87289 | $4339 | $161 |
| AB Government Money Market Portfolio\* | 599 | 78686 | 70746 | 8539 | 151 |
| Total | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2944 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167969 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158035 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12878 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;312 |

---

*\** *Investments of cash collateral for securities lending transactions.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AB VARIABLE PRODUCTS SERIES FUND, INC.

- **b. Investment Company Act file number:** 811-05398

- **c. CIK number of Registrant:** 0000825316

- **d. LEI of Registrant:** 549300O75IUIQOS5Q596

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

  - **Street Address 1:** ALLIANCEBERNSTEIN LP

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10001

  - **Telephone number:** 212-969-1000

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

- **a. Name of Series:** AB International Value Portfolio

- **b. EDGAR series identifier (if any):** S000010431

- **c. LEI of Series:** 549300H4SHLQCZN4J650

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

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

- **b. Date as of which information is reported:** 2025-09-30

**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:** $329455175.57

**Total Liabilities:** $9660177.63

**Net Assets:** $319794997.94

**Cash Not Reported:** $354573.37

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000028828 | -1.57%               | 4.55%                | 3.78%                |
| Class ID C000028829 | -1.58%               | 4.50%                | 3.80%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $4005402.88              | $-8531759.55                               |
| Month 2  | $2949244.43              | $9500750.14                                |
| Month 3  | $3127868.63              | $7214450.52                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| JPMorgan Chase Bank NA                     | PURCHASED USD / SOLD EUR                                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $4182.36      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Alliance Bernstein                         | AB Fixed Income Shares, Inc. - Government Money Market Portfolio | CUSIP: 018616748<br>LEI: 5493006YWHO7MNK2U579 | Long             | STIV             | RF                | US        |   4338549 | NS      | $4338549.01   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                | PURCHASED EUR / SOLD USD                                         | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | XX        |         1 | NC      | $-6694.31     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| EDP SA                                     | EDP SA                                                           | CUSIP: 000000000<br>LEI: 529900CLC3WDMGI9VH80 | Long             | EC               | CORP              | PT        |   1197382 | NS      | $5682732.81   | 1.78%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.              | PURCHASED JPY / SOLD USD                                         | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | JP        |         1 | NC      | $-8328.04     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.              | PURCHASED NZD / SOLD USD                                         | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | NZ        |         1 | NC      | $-14651.45    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                          | PURCHASED KRW / SOLD USD                                         | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | KR        |         1 | NC      | $-10201.40    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                     | PURCHASED JPY / SOLD USD                                         | CUSIP: 000000000<br>LEI: KD3XUN7C6T14HNAYLU02 | N/A              | DFE              |  | JP        |         1 | NC      | $2260.54      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC        | PURCHASED USD / SOLD EUR                                         | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | US        |         1 | NC      | $10609.48     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BAE Systems PLC                            | BAE Systems PLC                                                  | CUSIP: 000000000<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | EC               | CORP              | GB        |    195194 | NS      | $5433501.62   | 1.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Keisei Electric Railway Co Ltd             | Keisei Electric Railway Co Ltd                                   | CUSIP: 000000000<br>LEI: 529900VNP95IIHXPCY17 | Long             | EC               | CORP              | JP        |    454700 | NS      | $4217623.99   | 1.32%             |  |  |  | No            |                  2 | On Loan: —       |
| State Street Bank & Trust Co.              | PURCHASED JPY / SOLD USD                                         | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | JP        |         1 | NC      | $-6904.01     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC        | PURCHASED USD / SOLD EUR                                         | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | US        |         1 | NC      | $32384.67     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.              | PURCHASED GBP / SOLD USD                                         | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | GB        |         1 | NC      | $333.63       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BPER Banca SPA                             | BPER Banca SPA                                                   | CUSIP: 000000000<br>LEI: N747OI7JINV7RUUH6190 | Long             | EC               | CORP              | IT        |    432150 | NS      | $4806439.91   | 1.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Publicis Groupe SA                         | Publicis Groupe SA                                               | CUSIP: 000000000<br>LEI: 2138004KW8BV57III342 | Long             | EC               | CORP              | FR        |     51590 | NS      | $4964678.09   | 1.55%             |  |  |  | No            |                  2 | On Loan: No      |
| ASR Nederland NV                           | ASR Nederland NV                                                 | CUSIP: 000000000<br>LEI: 7245000G0HS48PZWUD53 | Long             | EC               | CORP              | NL        |     70400 | NS      | $4790671.77   | 1.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC        | PURCHASED BRL / SOLD USD                                         | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | BR        |         1 | NC      | $24289.15     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                           | PURCHASED USD / SOLD KRW                                         | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              |  | US        |         1 | NC      | $11756.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                     | PURCHASED JPY / SOLD USD                                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | JP        |         1 | NC      | $4764.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Sony Group Corp                            | Sony Group Corp                                                  | CUSIP: 000000000<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |    217400 | NS      | $6249533.02   | 1.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Airbus SE                                  | Airbus SE                                                        | CUSIP: 000000000<br>LEI: MINO79WLOO247M1IL051 | Long             | EC               | CORP              | NL        |     33535 | NS      | $7831291.43   | 2.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui Fudosan Co Ltd                      | Mitsui Fudosan Co Ltd                                            | CUSIP: 000000000<br>LEI: 353800ND4ZKNZDYKMF33 | Long             | EC               | CORP              | JP        |    454800 | NS      | $4951000.90   | 1.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electronics Co Ltd                 | Samsung Electronics Co Ltd                                       | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |    105892 | NS      | $6348257.57   | 1.99%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                     | PURCHASED EUR / SOLD USD                                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | XX        |         1 | NC      | $1666.66      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC        | PURCHASED USD / SOLD EUR                                         | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | US        |         1 | NC      | $3360.61      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                     | PURCHASED USD / SOLD JPY                                         | CUSIP: 000000000<br>LEI: KD3XUN7C6T14HNAYLU02 | N/A              | DFE              |  | US        |         1 | NC      | $879.96       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC        | PURCHASED USD / SOLD EUR                                         | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | US        |         1 | NC      | $318.95       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyo Tire Corp                             | Toyo Tire Corp                                                   | CUSIP: 000000000<br>LEI: 529900Y41RD7VQM9RF75 | Long             | EC               | CORP              | JP        |    147500 | NS      | $3916061.22   | 1.22%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.              | PURCHASED JPY / SOLD USD                                         | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | JP        |         1 | NC      | $-15376.68    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Merlin Properties Socimi SA                | Merlin Properties Socimi SA                                      | CUSIP: 000000000<br>LEI: 959800L8KD863DP30X04 | Long             | EC               |  | ES        |    293904 | NS      | $4450803.40   | 1.39%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.              | PURCHASED GBP / SOLD USD                                         | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | GB        |         1 | NC      | $-4662.21     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Electron Ltd                         | Tokyo Electron Ltd                                               | CUSIP: 000000000<br>LEI: 549300H5LSF8DP3RIJ34 | Long             | EC               | CORP              | JP        |     48200 | NS      | $8544267.82   | 2.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Shimizu Corp                               | Shimizu Corp                                                     | CUSIP: 000000000<br>LEI: 353800BRAE0QFP3ZLY22 | Long             | EC               | CORP              | JP        |    265500 | NS      | $3729689.15   | 1.17%             |  |  |  | No            |                  2 | On Loan: No      |
| CNH Industrial NV                          | CNH Industrial NV                                                | CUSIP: 000000000<br>LEI: 549300WGC2HZ5J67V817 | Long             | EC               | CORP              | NL        |    404690 | NS      | $4390886.50   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Roche Holding AG                           | Roche Holding AG                                                 | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |     29084 | NS      | $9684491.20   | 3.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Siemens Healthineers AG                    | Siemens Healthineers AG                                          | CUSIP: 000000000<br>LEI: 529900QBVWXMWANH7H45 | Long             | EC               | CORP              | DE        |     81211 | NS      | $4398889.82   | 1.38%             |  |  |  | No            |                  2 | On Loan: No      |
| NXP Semiconductors NV                      | NXP Semiconductors NV                                            | CUSIP: 000000000<br>LEI: 724500M9BY5293JDF951 | Long             | EC               | CORP              | NL        |     13929 | NS      | $3172051.17   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley Capital Services LLC        | PURCHASED GBP / SOLD USD                                         | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | GB        |         1 | NC      | $-9272.83     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Novo Nordisk A/S                           | Novo Nordisk A/S                                                 | CUSIP: 000000000<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |     65644 | NS      | $3655164.50   | 1.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Vallourec SACA                             | Vallourec SACA                                                   | CUSIP: 000000000<br>LEI: 969500P2Q1B47H4MCJ34 | Long             | EC               | CORP              | FR        |    207682 | NS      | $3964177.40   | 1.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                         | PURCHASED USD / SOLD TWD                                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $149345.15    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                         | PURCHASED USD / SOLD CAD                                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $27393.95     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Enel SpA                                   | Enel SpA                                                         | CUSIP: 000000000<br>LEI: WOCMU6HCI0OJWNPRZS33 | Long             | EC               | CORP              | IT        |    547310 | NS      | $5186605.17   | 1.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Industria de Diseno Textil SA              | Industria de Diseno Textil SA                                    | CUSIP: 000000000<br>LEI: 549300TTCXZOGZM2EY83 | Long             | EC               | CORP              | ES        |    114826 | NS      | $6354912.52   | 1.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC        | PURCHASED CHF / SOLD USD                                         | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | CH        |         1 | NC      | $-8667.54     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Lundin Mining Corp                         | Lundin Mining Corp                                               | CUSIP: 550372106<br>LEI: 549300FQDIM6C8HTN269 | Long             | EC               | CORP              | CA        |    394929 | NS      | $5891159.04   | 1.84%             |  |  |  | No            |                  1 | On Loan: —       |
| Kuraray Co Ltd                             | Kuraray Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300W9JPTOE739QZ31 | Long             | EC               | CORP              | JP        |    289100 | NS      | $3323037.81   | 1.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                | PURCHASED USD / SOLD KRW                                         | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $110448.23    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| AXA SA                                     | AXA SA                                                           | CUSIP: 000000000<br>LEI: F5WCUMTUM4RKZ1MAIE39 | Long             | EC               | CORP              | FR        |    136457 | NS      | $6543800.70   | 2.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Danske Bank A/S                            | Danske Bank A/S                                                  | CUSIP: 000000000<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | EC               | CORP              | DK        |    123282 | NS      | $5265936.48   | 1.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC        | PURCHASED USD / SOLD EUR                                         | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | US        |         1 | NC      | $32188.79     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                           | PURCHASED USD / SOLD JPY                                         | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              |  | US        |         1 | NC      | $7359.13      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                          | PURCHASED SEK / SOLD USD                                         | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | SE        |         1 | NC      | $-63.96       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC        | PURCHASED CHF / SOLD USD                                         | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | CH        |         1 | NC      | $-20273.06    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Telstra Group Ltd                          | Telstra Group Ltd                                                | CUSIP: 000000000<br>LEI: 894500WRW54CVN62K416 | Long             | EC               | CORP              | AU        |   1406160 | NS      | $4483007.71   | 1.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                         | PURCHASED USD / SOLD EUR                                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $-3400.58     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Beazley PLC                                | Beazley PLC                                                      | CUSIP: 000000000<br>LEI: 213800VTOMUWD41GIT12 | Long             | EC               | CORP              | GB        |    366070 | NS      | $4477023.55   | 1.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Techtronic Industries Co Ltd               | Techtronic Industries Co Ltd                                     | CUSIP: 000000000<br>LEI: 549300HZW2SBE758OK89 | Long             | EC               | CORP              | HK        |    246500 | NS      | $3151065.13   | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Persol Holdings Co Ltd                     | Persol Holdings Co Ltd                                           | CUSIP: 000000000<br>LEI: 3538000H6OI725NB2008 | Long             | EC               | CORP              | JP        |   2320100 | NS      | $4225699.16   | 1.32%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.              | PURCHASED GBP / SOLD USD                                         | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | GB        |         1 | NC      | $-320.36      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Repsol SA                                  | Repsol SA                                                        | CUSIP: 000000000<br>LEI: BSYCX13Y0NOTV14V9N85 | Long             | EC               | CORP              | ES        |    231470 | NS      | $4116052.51   | 1.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Resona Holdings Inc                        | Resona Holdings Inc                                              | CUSIP: 000000000<br>LEI: 52990067JE75XZCYYT81 | Long             | EC               | CORP              | JP        |    631100 | NS      | $6435514.33   | 2.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC        | PURCHASED EUR / SOLD USD                                         | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | XX        |         1 | NC      | $2019.65      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.              | PURCHASED USD / SOLD KRW                                         | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $7675.58      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke KPN NV                         | Koninklijke KPN NV                                               | CUSIP: 000000000<br>LEI: 549300YO0JZHAL7FVP81 | Long             | EC               | CORP              | NL        |    916189 | NS      | $4397284.90   | 1.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Fresenius SE & Co KGaA                     | Fresenius SE & Co KGaA                                           | CUSIP: 000000000<br>LEI: XDFJ0CYCOO1FXRFTQS51 | Long             | EC               | CORP              | DE        |     56408 | NS      | $3152389.92   | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Arkema SA                                  | Arkema SA                                                        | CUSIP: 000000000<br>LEI: 9695000EHMS84KKP2785 | Long             | EC               | CORP              | FR        |     41025 | NS      | $2601316.01   | 0.81%             |  |  |  | No            |                  2 | On Loan: No      |
| ICON PLC                                   | ICON PLC                                                         | CUSIP: 000000000<br>LEI: 6354008SRQGEMC4XFI67 | Long             | EC               | CORP              | IE        |     30419 | NS      | $5323325.00   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| JD Sports Fashion PLC                      | JD Sports Fashion PLC                                            | CUSIP: 000000000<br>LEI: 213800HROV6Y9MUU8375 | Long             | EC               | CORP              | GB        |   3110850 | NS      | $4004744.00   | 1.25%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                           | PURCHASED ILS / SOLD USD                                         | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | IL        |         1 | NC      | $75951.51     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC        | PURCHASED USD / SOLD JPY                                         | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | US        |         1 | NC      | $86464.22     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Telekom AG                        | Deutsche Telekom AG                                              | CUSIP: 000000000<br>LEI: 549300V9QSIG4WX4GJ96 | Long             | EC               | CORP              | DE        |    151887 | NS      | $5174708.31   | 1.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                | PURCHASED JPY / SOLD USD                                         | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | JP        |         1 | NC      | $-13662.22    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Honda Motor Co Ltd                         | Honda Motor Co Ltd                                               | CUSIP: 000000000<br>LEI: 549300P7ZYCQJ36CCS16 | Long             | EC               | CORP              | JP        |    600700 | NS      | $6198817.98   | 1.94%             |  |  |  | No            |                  2 | On Loan: —       |
| Anheuser-Busch InBev SA/NV                 | Anheuser-Busch InBev SA/NV                                       | CUSIP: 000000000<br>LEI: 5493008H3828EMEXB082 | Long             | EC               | CORP              | BE        |    107000 | NS      | $6396105.04   | 2.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ABN AMRO Bank NV                           | ABN AMRO Bank NV                                                 | CUSIP: 000000000<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | EC               | CORP              | NL        |    166043 | NS      | $5326584.55   | 1.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Eurobank Ergasias Services and Holdings SA | Eurobank Ergasias Services and Holdings SA                       | CUSIP: 000000000<br>LEI: JEUVK5RWVJEN8W0C9M24 | Long             | EC               | CORP              | GR        |    949840 | NS      | $3674313.73   | 1.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                         | PURCHASED GBP / SOLD USD                                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | GB        |         1 | NC      | $1610.08      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Toho Co Ltd/Tokyo                          | Toho Co Ltd/Tokyo                                                | CUSIP: 000000000<br>LEI: 529900IYHHYWU4O3H185 | Long             | EC               | CORP              | JP        |     69100 | NS      | $4441949.48   | 1.39%             |  |  |  | No            |                  2 | On Loan: —       |
| NatWest Markets PLC                        | PURCHASED AUD / SOLD USD                                         | CUSIP: 000000000<br>LEI: RR3QWICWWIPCS8A4S074 | N/A              | DFE              |  | AU        |         1 | NC      | $409888.36    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.              | PURCHASED GBP / SOLD USD                                         | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | GB        |         1 | NC      | $-956.28      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Melrose Industries PLC                     | Melrose Industries PLC                                           | CUSIP: 000000000<br>LEI: 213800RGNXXZY2M7TR85 | Long             | EC               | CORP              | GB        |    685166 | NS      | $5640882.16   | 1.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Burberry Group PLC                         | Burberry Group PLC                                               | CUSIP: 000000000<br>LEI: 213800PE1KEFCNFR1R50 | Long             | EC               | CORP              | GB        |    246090 | NS      | $3887570.00   | 1.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Tosoh Corp                                 | Tosoh Corp                                                       | CUSIP: 000000000<br>LEI: 529900YSLFVJF2MDBX02 | Long             | EC               | CORP              | JP        |    243100 | NS      | $3596304.61   | 1.12%             |  |  |  | No            |                  2 | On Loan: —       |
| Barclays Bank PLC                          | PURCHASED USD / SOLD BRL                                         | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | US        |         1 | NC      | $-4211.34     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Alliance Bernstein                         | AB Fixed Income Shares, Inc. - Government Money Market Portfolio | CUSIP: 018616748<br>LEI: 5493006YWHO7MNK2U579 | Long             | STIV             | RF                | US        |   8538862 | NS      | $8538862.15   | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Electric Corp                   | Mitsubishi Electric Corp                                         | CUSIP: 000000000<br>LEI: 549300TRXM9Y6561AX39 | Long             | EC               | CORP              | JP        |    188300 | NS      | $4836246.66   | 1.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Vinci SA                                   | Vinci SA                                                         | CUSIP: 000000000<br>LEI: 213800WFQ334R8UXUG83 | Long             | EC               | CORP              | FR        |     34348 | NS      | $4773409.74   | 1.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyota Industries Corp                     | Toyota Industries Corp                                           | CUSIP: 000000000<br>LEI: 35380000WKGEAHEMW830 | Long             | EC               | CORP              | JP        |     41400 | NS      | $4656193.49   | 1.46%             |  |  |  | No            |                  2 | On Loan: —       |
| State Street Bank & Trust Co.              | PURCHASED USD / SOLD CAD                                         | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $1116.84      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.              | PURCHASED USD / SOLD JPY                                         | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $262.80       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Shell PLC                                  | Shell PLC                                                        | CUSIP: 000000000<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |    298814 | NS      | $10717698.92  | 3.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Merck KGaA                                 | Merck KGaA                                                       | CUSIP: 000000000<br>LEI: 529900OAREIS0MOPTW25 | Long             | EC               | CORP              | DE        |     24513 | NS      | $3180433.07   | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC        | PURCHASED NOK / SOLD USD                                         | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | NO        |         1 | NC      | $11102.57     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyo Suisan Kaisha Ltd                     | Toyo Suisan Kaisha Ltd                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     62500 | NS      | $4464976.16   | 1.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Haleon PLC                                 | Haleon PLC                                                       | CUSIP: 000000000<br>LEI: 549300PSB3WWEODCUP19 | Long             | EC               | CORP              | GB        |   1262030 | NS      | $5679359.05   | 1.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Sony Financial Group Inc                   | Sony Financial Group Inc                                         | CUSIP: 000000000<br>LEI: 353800O7BDSU41WOZA60 | Long             | EC               | CORP              | JP        |    217400 | NS      | $241090.04    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Takeda Pharmaceutical Co Ltd               | Takeda Pharmaceutical Co Ltd                                     | CUSIP: 000000000<br>LEI: 549300ZLMVP4X0OGR454 | Long             | EC               | CORP              | JP        |    150800 | NS      | $4429054.85   | 1.38%             |  |  |  | No            |                  2 | On Loan: —       |
| Citibank NA                                | PURCHASED JPY / SOLD USD                                         | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | JP        |         1 | NC      | $7810.54      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                | PURCHASED USD / SOLD JPY                                         | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $-1450.83     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Erste Group Bank AG                        | Erste Group Bank AG                                              | CUSIP: 000000000<br>LEI: PQOH26KWDF7CG10L6792 | Long             | EC               | CORP              | AT        |     44888 | NS      | $4412605.25   | 1.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd  | Taiwan Semiconductor Manufacturing Co Ltd                        | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    177000 | NS      | $7688493.14   | 2.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                         | PURCHASED GBP / SOLD USD                                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | GB        |         1 | NC      | $-45152.64    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Prudential PLC                             | Prudential PLC                                                   | CUSIP: 000000000<br>LEI: 5493001Z3ZE83NGK8Y12 | Long             | EC               | CORP              | GB        |    424478 | NS      | $5942565.84   | 1.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC        | PURCHASED SGD / SOLD USD                                         | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | SG        |         1 | NC      | $-45328.62    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                     | PURCHASED CHF / SOLD USD                                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | CH        |         1 | NC      | $-71011.91    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC        | PURCHASED JPY / SOLD USD                                         | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | JP        |         1 | NC      | $-3420.40     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Ryanair Holdings PLC                       | Ryanair Holdings PLC                                             | CUSIP: 783513203<br>LEI: 635400BR2ROC1FVEBQ56 | Long             | EC               | CORP              | IE        |     80750 | NS      | $4862765.00   | 1.52%             |  |  |  | No            |                  1 | On Loan: —       |
| Coca-Cola Europacific Partners PLC         | Coca-Cola Europacific Partners PLC                               | CUSIP: 000000000<br>LEI: 549300LTH67W4GWMRF57 | Long             | EC               | CORP              | GB        |     55253 | NS      | $4995423.73   | 1.56%             |  |  |  | No            |                  1 | On Loan: —       |
| State Street Bank & Trust Co.              | PURCHASED GBP / SOLD USD                                         | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | GB        |         1 | NC      | $-1290.24     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC        | PURCHASED SEK / SOLD USD                                         | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | SE        |         1 | NC      | $-8523.55     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CRH PLC                                    | CRH PLC                                                          | CUSIP: 000000000<br>LEI: 549300MIDJNNTH068E74 | Long             | EC               | CORP              | IE        |     54764 | NS      | $6566203.60   | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Bank & Trust Co.              | PURCHASED EUR / SOLD USD                                         | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | XX        |         1 | NC      | $460.01       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                          | PURCHASED BRL / SOLD USD                                         | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | BR        |         1 | NC      | $3930.67      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA         | Banco Bilbao Vizcaya Argentaria SA                               | CUSIP: 000000000<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | EC               | CORP              | ES        |    320800 | NS      | $6181701.87   | 1.93%             |  |  |  | No            |                  2 | On Loan: —       |

### Signature

**Date Signed:** 2025-10-30

**Name of Applicant:** AB VARIABLE PRODUCTS SERIES FUND, INC.

**Signature:** Stephen Woetzel

**Name of Signer:** Stephen Woetzel

**Title:** Controller