# EDGAR Filing Document

**Accession Number:** 0000920547
**File Stem:** 0000920547-25-000026
**Filing Date:** 2025-8
**Character Count:** 28842
**Document Hash:** ced4f5af9a9a3d75f20fadf7ac68a0d6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000920547-25-000026.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0000920547-25-000026

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TOUCHSTONE VARIABLE SERIES TRUST
- **CENTRAL INDEX KEY:** 0000920547

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08416
- **FILM NUMBER:** 251263001

**BUSINESS ADDRESS:**
- **STREET 1:** 303 BROADWAY
- **STREET 2:** SUITE 1100
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45202-4203
- **BUSINESS PHONE:** 513-362-8000

**MAIL ADDRESS:**
- **STREET 1:** 303 BROADWAY
- **STREET 2:** SUITE 1100
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45202-4203

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SELECT ADVISORS VARIABLE INSURANCE TRUST
- **DATE OF NAME CHANGE:** 19950912

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** IFS VARIABLE INSURANCE TRUST
- **DATE OF NAME CHANGE:** 19940318

## Series and Classes Contracts Data

### Touchstone Small Company Fund (Series ID: S000059069)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000193692 | Touchstone Small Company Fund |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Touchstone Variable Series Trust

- **b. Investment Company Act file number:** 811-08416

- **c. CIK number of Registrant:** 0000920547

- **d. LEI of Registrant:** 549300PPYZ5OV9N1T150

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

  - **Street Address 1:** 303 Broadway

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45202

  - **Telephone number:** 8006388194

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

- **a. Name of Series:** Touchstone Variable Series Trust-Touchstone Small Company Fund

- **b. EDGAR series identifier (if any):** S000059069

- **c. LEI of Series:** 549300GF3RH4W7L2TB96

**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:** $58231552.51

**Total Liabilities:** $62250.42

**Net Assets:** $58169302.09

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000193692 | -0.66%               | 5.50%                | 2.99%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $79733.23                | $-444709.92                                |
| Month 2  | $226558.64               | $2745098.06                                |
| Month 3  | $637968.11               | $1025867.09                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| DoubleVerify Holdings Inc                | DoubleVerify Holdings Inc COM                       | CUSIP: 25862V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     63506 | NS      | $950684.82    | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Doximity Inc                             | Doximity Inc CL A                                   | CUSIP: 26622P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9840 | NS      | $603585.60    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Ensign Group Inc                         | Ensign Group Inc COM USD0.001                       | CUSIP: 29358P101<br>LEI: 5493003K4HEEA8Q0BC72 | Long             | EC               | CORP              | US        |      4797 | NS      | $739985.22    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| ESCO Technologies Inc.                   | ESCO Technologies Inc. COM USD0.01                  | CUSIP: 296315104<br>LEI: 5493007JJLP5MEWVDH10 | Long             | EC               | CORP              | US        |      4278 | NS      | $820819.86    | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Evercore Inc                             | Evercore Inc COM USD0.01 CLASS 'A'                  | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |      3436 | NS      | $927788.72    | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Nextracker Inc.                          | Nextracker Inc. CLASS A COM                         | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13904 | NS      | $755960.48    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Signal Corp.                     | Federal Signal Corp. COM USD1                       | CUSIP: 313855108<br>LEI: 549300RTXZRPTNP6G884 | Long             | EC               | CORP              | US        |      6570 | NS      | $699179.40    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ITT Inc                                  | ITT Inc COM USD1.00                                 | CUSIP: 45073V108<br>LEI: 549300KDSERHTJOXUS80 | Long             | EC               | CORP              | US        |      5628 | NS      | $882639.24    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| KBR Inc                                  | KBR Inc COM USD0.001                                | CUSIP: 48242W106<br>LEI: 254900OFQDXZRKRCV808 | Long             | EC               | CORP              | US        |     15602 | NS      | $747959.88    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Kite Realty Group Trust                  | Kite Realty Group Trust COM USD0.01                 | CUSIP: 49803T300<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25169 | NS      | $570077.85    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Onto Innovation Inc.                     | Onto Innovation Inc. COM                            | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |      6142 | NS      | $619912.06    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Option Care Health Inc                   | Option Care Health Inc COM NEW                      | CUSIP: 68404L201<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | EC               | CORP              | US        |     34658 | NS      | $1125691.84   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| F N B Corp (Pennsylvania)                | F N B Corp (Pennsylvania) COM USD0.01               | CUSIP: 302520101<br>LEI: PCYSKIGYNYFDTBLVZU83 | Long             | EC               | CORP              | US        |     46728 | NS      | $681294.24    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Globus Med Inc                           | Globus Med Inc COM USD0.001 CL 'A'                  | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               | CORP              | US        |     15692 | NS      | $926141.84    | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| HF Sinclair Corp.                        | HF Sinclair Corp. COM                               | CUSIP: 403949100<br>LEI: 2549009G116AM01XHN24 | Long             | EC               | CORP              | US        |     12137 | NS      | $498587.96    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Hexcel Corporation                       | Hexcel Corporation COM USD0.01                      | CUSIP: 428291108<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | EC               | CORP              | US        |     14912 | NS      | $842378.88    | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Home BancShares Inc.                     | Home BancShares Inc. COM USD0.01                    | CUSIP: 436893200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29950 | NS      | $852377.00    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Liveramp Holdings Inc                    | Liveramp Holdings Inc COM USD0.10                   | CUSIP: 53815P108<br>LEI: 254900GXS75LG1X7RF88 | Long             | EC               | CORP              | US        |     39116 | NS      | $1292392.64   | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Malibu Boats Inc                         | Malibu Boats Inc COM USD0.01 CL A                   | CUSIP: 56117J100<br>LEI: 549300MHGS3WZNRLUK77 | Long             | EC               | CORP              | US        |     16192 | NS      | $507457.28    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Maximus Inc                              | Maximus Inc COM NPV                                 | CUSIP: 577933104<br>LEI: 549300DQCDS8HJ7QF202 | Long             | EC               | CORP              | US        |      9852 | NS      | $691610.40    | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| LivaNova PLC                             | LivaNova PLC ORD GBP1.00 (DI)                       | CUSIP: G5509L101<br>LEI: 2138001K2FX6SHK2B339 | Long             | EC               | CORP              | GB        |     22864 | NS      | $1029337.28   | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantic Union Bankshares Corp           | Atlantic Union Bankshares Corp COM USD1.33          | CUSIP: 04911A107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15667 | NS      | $490063.76    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Techne Corp                          | Bio-Techne Corp COM USD0.01                         | CUSIP: 09073M104<br>LEI: 54930073RLKQ51TILZ35 | Long             | EC               | CORP              | US        |     17204 | NS      | $885145.80    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Box Inc.                                 | Box Inc. COM USD0.0001 CL 'A'                       | CUSIP: 10316T104<br>LEI: 549300KQUCPD8687YS68 | Long             | EC               | CORP              | US        |     19150 | NS      | $654355.50    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CCC Intelligent Solutions Holdings Inc   | CCC Intelligent Solutions Holdings Inc COM          | CUSIP: 12510Q100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     74509 | NS      | $701129.69    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc.                  | CACI International Inc. CLASS'A'COM USD0.10         | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |      1840 | NS      | $877128.00    | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Cactus Inc                               | Cactus Inc COM USD0.01 CL A                         | CUSIP: 127203107<br>LEI: 549300J3T8C9F8QFKV08 | Long             | EC               | CORP              | US        |     20517 | NS      | $897003.24    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Cargurus Inc                             | Cargurus Inc COM USD0.001 CL A                      | CUSIP: 141788109<br>LEI: 54930027BKQN6B7X7G78 | Long             | EC               | CORP              | US        |     41246 | NS      | $1380503.62   | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Chemed Corporation                       | Chemed Corporation CAP USD1                         | CUSIP: 16359R103<br>LEI: 54930020031IDJT2IM79 | Long             | EC               | CORP              | US        |      1630 | NS      | $793695.90    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Champion Homes Inc.                      | Champion Homes Inc. COM USD0.0277                   | CUSIP: 830830105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8830 | NS      | $552846.30    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Tower Semiconductor Limited              | Tower Semiconductor Limited ORD ILS1                | CUSIP: M87915274<br>LEI: 54930086ZSNXZOUX0C54 | Long             | EC               | CORP              | IL        |     24554 | NS      | $1064415.90   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Oceaneering International, Inc.          | Oceaneering International, Inc. COM USD0.25         | CUSIP: 675232102<br>LEI: 549300L6PH74701W0R30 | Long             | EC               | CORP              | US        |     47460 | NS      | $983371.20    | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial, Inc.                    | STAG Industrial, Inc. COM USD0.01                   | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |     23228 | NS      | $842711.84    | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Stride Inc                               | Stride Inc COM                                      | CUSIP: 86333M108<br>LEI: 254900BRWS3AFONWU277 | Long             | EC               | CORP              | US        |      7928 | NS      | $1151066.32   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse Inc                      | Texas Roadhouse Inc COM USD0.001                    | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |      4008 | NS      | $751139.28    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Topbuild Corporation                     | Topbuild Corporation COM USD0.01 'WI'               | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               | CORP              | US        |      1944 | NS      | $629350.56    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurn Elkay Water Solutions Corporation   | Zurn Elkay Water Solutions Corporation COM          | CUSIP: 98983L108<br>LEI: 549300AM3633XDFU1Q85 | Long             | EC               | CORP              | US        |     21943 | NS      | $802455.51    | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Ziff Davis Inc                           | Ziff Davis Inc COM USD0.001                         | CUSIP: 48123V102<br>LEI: 5493008OJYGLHD7MXA18 | Long             | EC               | CORP              | US        |     17189 | NS      | $520311.03    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Government Cash Management Funds | Dreyfus Government Cash Management Funds SH BEN INT | CUSIP: 262006208<br>LEI: 549300F7IDB6WRO7VJ11 | Long             | STIV             | RF                | US        |    199345 | NS      | $199345.47    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Ringcentral Inc                          | Ringcentral Inc COM USD0.0001 CL'A'                 | CUSIP: 76680R206<br>LEI: 549300C8EH0H1614VE84 | Long             | EC               | CORP              | US        |     40824 | NS      | $1157360.40   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Yeti Holdings Inc                        | Yeti Holdings Inc COM USD0.01                       | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |     20670 | NS      | $651518.40    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| PVH Corp.                                | PVH Corp. COM USD1.00                               | CUSIP: 693656100<br>LEI: 123WALMHY1GZXG2YDL90 | Long             | EC               | CORP              | US        |      9930 | NS      | $681198.00    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Progyny Inc                              | Progyny Inc COM                                     | CUSIP: 74340E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     51268 | NS      | $1127896.00   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Verint Systems Inc                       | Verint Systems Inc COM USD0.001                     | CUSIP: 92343X100<br>LEI: 549300KEQJS5FRVUCO94 | Long             | EC               | CORP              | US        |     36412 | NS      | $716224.04    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Viant Technology Inc                     | Viant Technology Inc COM CL A                       | CUSIP: 92557A101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26774 | NS      | $354220.02    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| WNS Holdings Ltd.                        | WNS Holdings Ltd. COM SHS                           | CUSIP: G98196101<br>LEI: 529900RM7QHUD3W9DM42 | Long             | EC               | CORP              | JE        |     20410 | NS      | $1290728.40   | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| SPS Commerce Inc                         | SPS Commerce Inc COM USD0.001                       | CUSIP: 78463M107<br>LEI: 2549006XVF9GCCETDQ72 | Long             | EC               | CORP              | US        |      4904 | NS      | $667385.36    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SouthState Corp.                         | SouthState Corp. COM USD2.5                         | CUSIP: 840441109<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |      6580 | NS      | $605557.40    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameris Bancorp                           | Ameris Bancorp COM USD1                             | CUSIP: 03076K108<br>LEI: PBJHNT51T5V6G5UQFV42 | Long             | EC               | CORP              | US        |     13820 | NS      | $894154.00    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Hospitality Reit Inc               | Apple Hospitality Reit Inc COM NPV                  | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               | CORP              | US        |     40020 | NS      | $467033.40    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| CSG Systems International Inc.           | CSG Systems International Inc. COM USD0.01          | CUSIP: 126349109<br>LEI: 549300D7FJZUOHHXUA81 | Long             | EC               | CORP              | US        |     11770 | NS      | $768698.70    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Colliers International Group Inc         | Colliers International Group Inc SUB VTG COM NPV    | CUSIP: 194693107<br>LEI: D3O8K13PHLEXXD1DT480 | Long             | EC               | CORP              | US        |      5363 | NS      | $700086.02    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane Co.                                | Crane Co. COMMON STOCK                              | CUSIP: 224408104<br>LEI: 5493000CQRQOTHUODL75 | Long             | EC               | CORP              | US        |      3278 | NS      | $622459.42    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Crocs Inc                                | Crocs Inc COM STK USD0.001                          | CUSIP: 227046109<br>LEI: 549300B0J6YCXD63OG72 | Long             | EC               | CORP              | US        |      7540 | NS      | $763651.20    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Curtiss-Wright Corp.                     | Curtiss-Wright Corp. COM USD1                       | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |      1210 | NS      | $591145.50    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Qualys Inc                               | Qualys Inc COM USD0.001                             | CUSIP: 74758T303<br>LEI: 549300EMBXYOW9W1XA17 | Long             | EC               | CORP              | US        |      6810 | NS      | $972944.70    | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Webster Financial Corp.                  | Webster Financial Corp. COM USD0.01                 | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |     16525 | NS      | $902265.00    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Energy Industries, Inc.         | Advanced Energy Industries, Inc. COM USD0.001       | CUSIP: 007973100<br>LEI: 549300756XI3QLFT2U27 | Long             | EC               | CORP              | US        |      6442 | NS      | $853565.00    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Agree Realty Corp                        | Agree Realty Corp COM USD0.0001                     | CUSIP: 008492100<br>LEI: 98450090H010B37OEB68 | Long             | EC               | CORP              | US        |      9844 | NS      | $719202.64    | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Ciena Corporation                        | Ciena Corporation COM STK USD0.01                   | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |      8260 | NS      | $671785.80    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Clean Harbors, Inc.                      | Clean Harbors, Inc. COM USD0.01                     | CUSIP: 184496107<br>LEI: 5493000SJVZVZJKHJF48 | Long             | EC               | CORP              | US        |      3509 | NS      | $811210.62    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Commvault Systems Inc.                   | Commvault Systems Inc. COM STK USD0.01              | CUSIP: 204166102<br>LEI: 65T5VRP62VXG39YFML83 | Long             | EC               | CORP              | US        |      4327 | NS      | $754325.91    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| COPT Defense Properties                  | COPT Defense Properties COM USD0.01                 | CUSIP: 22002T108<br>LEI: YY1J47X6LF9TYY8JY420 | Long             | EC               | CORP              | US        |     27845 | NS      | $767965.10    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Materials Inc.                     | Eagle Materials Inc. COM USD0.01                    | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |      3322 | NS      | $671409.42    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Emcor Group Inc                          | Emcor Group Inc COM STK USD0.01                     | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |      1370 | NS      | $732799.30    | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corporation             | Encompass Health Corporation COM USD0.01            | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |      9520 | NS      | $1167437.60   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ExlService Holdings Inc.                 | ExlService Holdings Inc. COM STK USD0.001           | CUSIP: 302081104<br>LEI: 81E3DTNF6OSH489ZOV15 | Long             | EC               | CORP              | US        |     24435 | NS      | $1070008.65   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontdoor Inc                            | Frontdoor Inc COM USD0.01                           | CUSIP: 35905A109<br>LEI: 5493008RB0JZJI3QGZ06 | Long             | EC               | CORP              | US        |     10654 | NS      | $627946.76    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Grand Canyon Education Inc               | Grand Canyon Education Inc COM USD0.01              | CUSIP: 38526M106<br>LEI: 529900XFER799IYOSW74 | Long             | EC               | CORP              | US        |      4010 | NS      | $757890.00    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Haemonetics Corp                         | Haemonetics Corp COM USD0.01                        | CUSIP: 405024100<br>LEI: 549300ZEL6TXZS6F5F95 | Long             | EC               | CORP              | US        |     20962 | NS      | $1563974.82   | 2.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Madden(Steven)Ltd.                       | Madden(Steven)Ltd. COM USD0.0001                    | CUSIP: 556269108<br>LEI: 549300Z9GZ7GYJWSGF43 | Long             | EC               | CORP              | US        |     19990 | NS      | $479360.20    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Merit Medical Systems Inc.               | Merit Medical Systems Inc. COM NPV                  | CUSIP: 589889104<br>LEI: 549300OYTY138SP2CE83 | Long             | EC               | CORP              | US        |      7543 | NS      | $705119.64    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Silgan Holdings Inc.                     | Silgan Holdings Inc. COM USD0.01                    | CUSIP: 827048109<br>LEI: KAF673KJXD92C8KSLU49 | Long             | EC               | CORP              | US        |     17891 | NS      | $969334.38    | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-26

**Name of Applicant:** Touchstone Variable Series Trust

**Signature:** Terri Lucas

**Name of Signer:** Terri Lucas

**Title:** Controller & Treasurer