# EDGAR Filing Document

**Accession Number:** 0001011378
**File Stem:** 0001752724-25-199137
**Filing Date:** 2025-8
**Character Count:** 36977
**Document Hash:** a75c0d80725672e351278bd25c7175e9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-199137.hdr.sgml**: 20250822

**ACCESSION NUMBER**: 0001752724-25-199137

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250822

**DATE AS OF CHANGE**: 20250822

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MORGAN STANLEY VARIABLE INSURANCE FUND INC.
- **CENTRAL INDEX KEY:** 0001011378

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07607
- **FILM NUMBER:** 251244142

**BUSINESS ADDRESS:**
- **STREET 1:** 1585 BROADWAY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
- **BUSINESS PHONE:** 800-548-7786

**MAIL ADDRESS:**
- **STREET 1:** 1585 BROADWAY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** UNIVERSAL INSTITUTIONAL FUNDS INC
- **DATE OF NAME CHANGE:** 20020322

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MORGAN STANLEY UNIVERSAL FUNDS INC
- **DATE OF NAME CHANGE:** 19960328

## Series and Classes Contracts Data

### Emerging Markets Equity Portfolio (Series ID: S000004175)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000011753 | Class II     | MSMBX           |
| C000011754 | Class I      | MEMEX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** MORGAN STANLEY VARIABLE INSURANCE FUND INC.

- **b. Investment Company Act file number:** 811-07607

- **c. CIK number of Registrant:** 0001011378

- **d. LEI of Registrant:** KRX6WCBD0RZHNUHCX346

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

  - **Street Address 1:** 1585 Broadway

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10036

  - **Telephone number:** 800-869-6397

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

- **a. Name of Series:** Emerging Markets Equity Portfolio

- **b. EDGAR series identifier (if any):** S000004175

- **c. LEI of Series:** 549300LPZKYIZMRIEH05

**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:** $167999641.10

**Total Liabilities:** $5053913.13

**Net Assets:** $162945727.97

**Cash Not Reported:** $26140.50

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000011754 | 1.51%                | 4.96%                | 5.67%                |
| Class ID C000011753 | 1.52%                | 4.91%                | 5.70%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $871158.58               | $1588953.57                                |
| Month 2  | $162013.76               | $7221694.98                                |
| Month 3  | $436313.79               | $8469877.50                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Ping An Insurance Group Co of China Ltd   | Ping An Insurance Group Co of China Ltd                             | CUSIP: 000000000<br>LEI: 529900M9MC28JLN35U89 | Long             | EC               | CORP              | CN        |    125000 | NS      | $797914.65    | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Max Healthcare Institute Ltd              | Max Healthcare Institute Ltd                                        | CUSIP: 000000000<br>LEI: 3358005LALYV4GZOYF67 | Long             | EC               | CORP              | IN        |    119131 | NS      | $1772672.35   | 1.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Xiaomi Corp                               | Xiaomi Corp                                                         | CUSIP: 000000000<br>LEI: 2549001ACVFAZRNMKL32 | Long             | EC               | CORP              | KY        |    148000 | NS      | $1139264.92   | 0.70%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                  | Morgan Stanley Institutional Liquidity Funds - Government Portfolio | CUSIP: 61747C707<br>LEI: 549300BI6Y5SI6BYPB26 | Long             | STIV             | RF                | US        |   2111337 | NS      | $2111337.00   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| HYBE Co Ltd                               | HYBE Co Ltd                                                         | CUSIP: 000000000<br>LEI: 988400NYDQI538IJ3K23 | Long             | EC               | CORP              | KR        |      2469 | NS      | $564499.36    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Chailease Holding Co Ltd                  | Chailease Holding Co Ltd                                            | CUSIP: 000000000<br>LEI: 529900L76E6T0JCM3J27 | Long             | EC               | CORP              | KY        |    204000 | NS      | $883568.39    | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Axis Bank Ltd                             | Axis Bank Ltd                                                       | CUSIP: 000000000<br>LEI: 549300HVNWMJPOFVNI41 | Long             | EC               | CORP              | IN        |    111228 | NS      | $1555640.10   | 0.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Larsen & Toubro Ltd                       | Larsen & Toubro Ltd                                                 | CUSIP: 000000000<br>LEI: 3358003FR3JIC5FRXA90 | Long             | EC               | CORP              | IN        |     26412 | NS      | $1130464.82   | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Kweichow Moutai Co Ltd                    | Kweichow Moutai Co Ltd                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      1591 | NS      | $313185.03    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Hindalco Industries Ltd                   | Hindalco Industries Ltd                                             | CUSIP: 000000000<br>LEI: 335800KXLE5NO5B4GF90 | Long             | EC               | CORP              | IN        |     97142 | NS      | $785920.50    | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Shenzhen Inovance Technology Co Ltd       | Shenzhen Inovance Technology Co Ltd                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    108400 | NS      | $977341.37    | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Kia Corp                                  | Kia Corp                                                            | CUSIP: 000000000<br>LEI: 988400V8MJK9N7OI5X76 | Long             | EC               | CORP              | KR        |     13022 | NS      | $931780.88    | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Gruma SAB de CV                           | Gruma SAB de CV                                                     | CUSIP: 000000000<br>LEI: 5493000XJLJ6C4T0PG82 | Long             | EC               | CORP              | MX        |     55124 | NS      | $950719.72    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| NAURA Technology Group Co Ltd             | NAURA Technology Group Co Ltd                                       | CUSIP: 000000000<br>LEI: 300300JI5I0B95GO5C39 | Long             | EC               | CORP              | CN        |     13200 | NS      | $815259.58    | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Cisarua Mountain Dairy PT TBK             | Cisarua Mountain Dairy PT TBK                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |   2529000 | NS      | $758796.60    | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco de Chile                            | Banco de Chile                                                      | CUSIP: 000000000<br>LEI: 8B4EZFY8IHJC44TT2K84 | Long             | EC               | CORP              | CL        |   8163661 | NS      | $1234681.16   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| AVI Ltd                                   | AVI Ltd                                                             | CUSIP: 000000000<br>LEI: 378900C2D68805FAAF75 | Long             | EC               | CORP              | ZA        |    249811 | NS      | $1328109.71   | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Jiangsu Hengrui Pharmaceuticals Co Ltd    | Jiangsu Hengrui Pharmaceuticals Co Ltd                              | CUSIP: 000000000<br>LEI: 2549003BT1XS3SE3E448 | Long             | EC               | CORP              | CN        |    129609 | NS      | $938889.84    | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Swiggy Ltd                                | Swiggy Ltd                                                          | CUSIP: 000000000<br>LEI: 335800R11DC3QR7KH186 | Long             | EC               | CORP              | IN        |    112133 | NS      | $523554.44    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| KT&G Corp                                 | KT&G Corp                                                           | CUSIP: 000000000<br>LEI: 988400ZJV6ISYBLQX875 | Long             | EC               | CORP              | KR        |      9825 | NS      | $927346.80    | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electronics Co Ltd                | Samsung Electronics Co Ltd                                          | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |    164468 | NS      | $7273038.72   | 4.46%             |  |  |  | No            |                  2 | On Loan: No      |
| 360 ONE WAM Ltd                           | 360 ONE WAM Ltd                                                     | CUSIP: 000000000<br>LEI: 335800DDYMCDBO5OLL32 | Long             | EC               | CORP              | IN        |     70979 | NS      | $988944.56    | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco BTG Pactual SA                      | Banco BTG Pactual SA                                                | CUSIP: 000000000<br>LEI: ZXLTQRYIK6IJH3R0IK66 | Long             | EC               | CORP              | BR        |     56103 | NS      | $436279.79    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Macrotech Developers Ltd                  | Macrotech Developers Ltd                                            | CUSIP: 000000000<br>LEI: 254900B5QCN52ETNU557 | Long             | EC               | CORP              | IN        |     93435 | NS      | $1510627.67   | 0.93%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Vale SA                                   | Vale SA                                                             | CUSIP: 000000000<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |     85105 | NS      | $824718.53    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Pidilite Industries Ltd                   | Pidilite Industries Ltd                                             | CUSIP: 000000000<br>LEI: 335800APXGEBZ349GN74 | Long             | EC               | CORP              | IN        |     34260 | NS      | $1220966.51   | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Reliance Industries Ltd                   | Reliance Industries Ltd                                             | CUSIP: 000000000<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               | CORP              | IN        |    207700 | NS      | $3635417.69   | 2.23%             |  |  |  | No            |                  2 | On Loan: No      |
| ASE Technology Holding Co Ltd             | ASE Technology Holding Co Ltd                                       | CUSIP: 000000000<br>LEI: 300300GO8QHPMV87NZ73 | Long             | EC               | CORP              | TW        |    244000 | NS      | $1224093.67   | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| IDFC First Bank Ltd                       | IDFC First Bank Ltd                                                 | CUSIP: 000000000<br>LEI: 335800SBNAPYVT1D2K13 | Long             | EC               | CORP              | IN        |   1927246 | NS      | $1637034.84   | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Prologis Property Mexico SA de CV         | Prologis Property Mexico SA de CV                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | MX        |    214081 | NS      | $807174.76    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Komercni Banka AS                         | Komercni Banka AS                                                   | CUSIP: 000000000<br>LEI: IYKCAVNFR8QGF00HV840 | Long             | EC               | CORP              | CZ        |     22103 | NS      | $1069631.54   | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| MediaTek Inc                              | MediaTek Inc                                                        | CUSIP: 000000000<br>LEI: 254900UEGBK1I4DM4E14 | Long             | EC               | CORP              | TW        |     18000 | NS      | $771275.85    | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Itau Unibanco Holding SA                  | Itau Unibanco Holding SA                                            | CUSIP: 000000000<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | EP               | CORP              | BR        |    285644 | NS      | $1942637.87   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Unimicron Technology Corp                 | Unimicron Technology Corp                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    258000 | NS      | $1006949.20   | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Wal-Mart de Mexico SAB de CV              | Wal-Mart de Mexico SAB de CV                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |    621560 | NS      | $2056353.48   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Bank Ltd                             | HDFC Bank Ltd                                                       | CUSIP: 000000000<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |     52919 | NS      | $1235418.28   | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Alchip Technologies Ltd                   | Alchip Technologies Ltd                                             | CUSIP: 000000000<br>LEI: 529900HKE9RIY07SLX84 | Long             | EC               | CORP              | KY        |     19000 | NS      | $2014606.72   | 1.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Jiangsu Co Ltd                    | Bank of Jiangsu Co Ltd                                              | CUSIP: 000000000<br>LEI: 300300C1086832000046 | Long             | EC               | CORP              | CN        |    736100 | NS      | $1226816.90   | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Infosys Ltd                               | Infosys Ltd                                                         | CUSIP: 456788108<br>LEI: 335800TYLGG93MM7PR89 | Long             | EC               | CORP              | IN        |    111123 | NS      | $2059109.19   | 1.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Colgate-Palmolive India Ltd               | Colgate-Palmolive India Ltd                                         | CUSIP: 000000000<br>LEI: 335800YWKI47DGFKWB26 | Long             | EC               | CORP              | IN        |     13912 | NS      | $390580.86    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| HDFC Asset Management Co Ltd              | HDFC Asset Management Co Ltd                                        | CUSIP: 000000000<br>LEI: 3358002FLK8AK8WSEP31 | Long             | EC               | CORP              | IN        |     26964 | NS      | $1633088.99   | 1.00%             |  |  |  | Yes           |                  2 | On Loan: No      |
| State Bank of India                       | State Bank of India                                                 | CUSIP: 000000000<br>LEI: 5493001JZ37UBBZF6L49 | Long             | EC               | CORP              | IN        |    233565 | NS      | $2234218.52   | 1.37%             |  |  |  | No            |                  2 | On Loan: No      |
| United Breweries Ltd                      | United Breweries Ltd                                                | CUSIP: 000000000<br>LEI: 335800ADAMN6EW1GCZ31 | Long             | EC               | CORP              | IN        |     48184 | NS      | $1096522.27   | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| KB Financial Group Inc                    | KB Financial Group Inc                                              | CUSIP: 000000000<br>LEI: 529900TKE4MXG3Q6GW86 | Long             | EC               | CORP              | KR        |     21333 | NS      | $1753066.49   | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Malayan Banking Bhd                       | Malayan Banking Bhd                                                 | CUSIP: 000000000<br>LEI: 5493004OT3TOY404V310 | Long             | EC               | CORP              | MY        |    413800 | NS      | $953281.49    | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Budimex SA                                | Budimex SA                                                          | CUSIP: 000000000<br>LEI: 25940093SDJZW2C1V355 | Long             | EC               | CORP              | PL        |      6619 | NS      | $1025830.58   | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Alinma Bank                               | Alinma Bank                                                         | CUSIP: 000000000<br>LEI: 558600HPAUTN6XSVBK93 | Long             | EC               | CORP              | SA        |    144084 | NS      | $1030038.13   | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| NetEase Inc                               | NetEase Inc                                                         | CUSIP: 000000000<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | KY        |     50100 | NS      | $1350162.96   | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| Rede D'Or Sao Luiz SA                     | Rede D'Or Sao Luiz SA                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    244817 | NS      | $1596035.07   | 0.98%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Grupo Financiero Banorte SAB de CV        | Grupo Financiero Banorte SAB de CV                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |    268529 | NS      | $2464121.53   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Powszechny Zaklad Ubezpieczen SA          | Powszechny Zaklad Ubezpieczen SA                                    | CUSIP: 000000000<br>LEI: QLPCKOOKVX32FUELX240 | Long             | EC               | CORP              | PL        |     69652 | NS      | $1218011.13   | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| NARI Technology Co Ltd                    | NARI Technology Co Ltd                                              | CUSIP: 000000000<br>LEI: 3003006IGH1W58MAQM05 | Long             | EC               | CORP              | CN        |    310700 | NS      | $972243.32    | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Antofagasta PLC                           | Antofagasta PLC                                                     | CUSIP: 000000000<br>LEI: 213800MY6QVH4FVLD628 | Long             | EC               | CORP              | GB        |     69058 | NS      | $1716979.29   | 1.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Mahindra & Mahindra Ltd                   | Mahindra & Mahindra Ltd                                             | CUSIP: 000000000<br>LEI: 3358003B573EV4KB4Z02 | Long             | EC               | CORP              | IN        |     67711 | NS      | $2513242.95   | 1.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Yum China Holdings Inc                    | Yum China Holdings Inc                                              | CUSIP: 98850P109<br>LEI: 529900DO9BYZ7VA3K502 | Long             | EC               | CORP              | US        |     24675 | NS      | $1103219.25   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| JD.com Inc                                | JD.com Inc                                                          | CUSIP: 000000000<br>LEI: 549300HVTWB0GJZ16V92 | Long             | EC               | CORP              | KY        |     27030 | NS      | $441462.03    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| WEG SA                                    | WEG SA                                                              | CUSIP: 000000000<br>LEI: 254900NKQV127YFRO022 | Long             | EC               | CORP              | BR        |    343813 | NS      | $2707169.05   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| CIMB Group Holdings Bhd                   | CIMB Group Holdings Bhd                                             | CUSIP: 000000000<br>LEI: 549300FYDN5UD7USZW18 | Long             | EC               | CORP              | MY        |    689800 | NS      | $1112548.04   | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Bajaj Auto Ltd                            | Bajaj Auto Ltd                                                      | CUSIP: 000000000<br>LEI: 335800DLAO5NCNN8G863 | Long             | EC               | CORP              | IN        |     13363 | NS      | $1305238.09   | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| OUTsurance Group Ltd                      | OUTsurance Group Ltd                                                | CUSIP: 000000000<br>LEI: 984500AC307E8L2D9X52 | Long             | EC               | CORP              | ZA        |     94454 | NS      | $418430.31    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Bupa Arabia for Cooperative Insurance Co  | Bupa Arabia for Cooperative Insurance Co                            | CUSIP: 000000000<br>LEI: 558600B2WJHD5P31XS68 | Long             | EC               | CORP              | SA        |     25468 | NS      | $1209226.01   | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Trip.com Group Ltd                        | Trip.com Group Ltd                                                  | CUSIP: 89677Q107<br>LEI: 2549004RMYDSRQL4KW41 | Long             | EC               | CORP              | KY        |     36001 | NS      | $2111098.64   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Electronics Inc                     | Delta Electronics Inc                                               | CUSIP: 000000000<br>LEI: 529900UVZWNWGDLJSM52 | Long             | EC               | CORP              | TW        |     76000 | NS      | $1075472.02   | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Capitec Bank Holdings Ltd                 | Capitec Bank Holdings Ltd                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |     13606 | NS      | $2720463.92   | 1.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Hitachi Energy India Ltd                  | Hitachi Energy India Ltd                                            | CUSIP: 000000000<br>LEI: 549300ASJQYQLII9F213 | Long             | EC               | CORP              | IN        |      7990 | NS      | $1864338.42   | 1.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                  | Morgan Stanley Institutional Liquidity Funds - Government Portfolio | CUSIP: 61747C707<br>LEI: 549300BI6Y5SI6BYPB26 | Long             | STIV             | RF                | US        |   3037359 | NS      | $3037359.27   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Wiwynn Corp                               | Wiwynn Corp                                                         | CUSIP: 000000000<br>LEI: 254900FV2R15PMKXFL69 | Long             | EC               | CORP              | TW        |     24242 | NS      | $2105051.57   | 1.29%             |  |  |  | No            |                  2 | On Loan: No      |
| CG Power & Industrial Solutions Ltd       | CG Power & Industrial Solutions Ltd                                 | CUSIP: 000000000<br>LEI: 335800KN5UTZKUZN2703 | Long             | EC               | CORP              | IN        |     67768 | NS      | $539225.54    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd                 | Alibaba Group Holding Ltd                                           | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |    280200 | NS      | $3966494.31   | 2.43%             |  |  |  | No            |                  2 | On Loan: No      |
| SK Hynix Inc                              | SK Hynix Inc                                                        | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |      5397 | NS      | $1162953.91   | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Raia Drogasil SA                          | Raia Drogasil SA                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    342985 | NS      | $954507.22    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Clicks Group Ltd                          | Clicks Group Ltd                                                    | CUSIP: 000000000<br>LEI: 378900E967958A677472 | Long             | EC               | CORP              | ZA        |     56782 | NS      | $1188994.95   | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd | Taiwan Semiconductor Manufacturing Co Ltd                           | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    594000 | NS      | $21722192.03  | 13.33%            |  |  |  | No            |                  2 | On Loan: No      |
| Grasim Industries Ltd                     | Grasim Industries Ltd                                               | CUSIP: 000000000<br>LEI: 335800WLY7FOIT3ERV21 | Long             | EC               | CORP              | IN        |     41623 | NS      | $1380872.41   | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| MercadoLibre Inc                          | MercadoLibre Inc                                                    | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |       556 | NS      | $1453178.28   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| ICICI Bank Ltd                            | ICICI Bank Ltd                                                      | CUSIP: 000000000<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |    203600 | NS      | $3440787.69   | 2.11%             |  |  |  | No            |                  2 | On Loan: No      |
| China Merchants Bank Co Ltd               | China Merchants Bank Co Ltd                                         | CUSIP: 000000000<br>LEI: 549300MKO5B60FFIHF58 | Long             | EC               | CORP              | CN        |    383000 | NS      | $2686730.20   | 1.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Samvardhana Motherson International Ltd   | Samvardhana Motherson International Ltd                             | CUSIP: 000000000<br>LEI: 335800C7BQ19CKG8GH63 | Long             | EC               | CORP              | IN        |    434400 | NS      | $784199.78    | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Bajaj Finance Ltd                         | Bajaj Finance Ltd                                                   | CUSIP: 000000000<br>LEI: 335800YTEXC3DO4Z6F68 | Long             | EC               | CORP              | IN        |    157080 | NS      | $1715526.05   | 1.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Airtac International Group                | Airtac International Group                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     26901 | NS      | $800925.39    | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| China International Capital Corp Ltd      | China International Capital Corp Ltd                                | CUSIP: 000000000<br>LEI: 529900OS3SVVTT56QN67 | Long             | EC               | CORP              | CN        |    282800 | NS      | $641187.63    | 0.39%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Kimberly-Clark de Mexico SAB de CV        | Kimberly-Clark de Mexico SAB de CV                                  | CUSIP: 000000000<br>LEI: 549300JGHL56QT00KT54 | Long             | EC               | CORP              | MX        |    978054 | NS      | $1793016.47   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Hon Hai Precision Industry Co Ltd         | Hon Hai Precision Industry Co Ltd                                   | CUSIP: 000000000<br>LEI: 30030004CM3GSZXX7O56 | Long             | EC               | CORP              | TW        |    455000 | NS      | $2510388.06   | 1.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd                      | Tencent Holdings Ltd                                                | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |    131800 | NS      | $8492613.07   | 5.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Allegro.eu SA                             | Allegro.eu SA                                                       | CUSIP: 000000000<br>LEI: 222100VRLXV3FPMG4982 | Long             | EC               | CORP              | LU        |    245660 | NS      | $2365118.66   | 1.45%             |  |  |  | Yes           |                  2 | On Loan: No      |
| HDFC Bank Ltd                             | HDFC Bank Ltd                                                       | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |     23700 | NS      | $1817079.00   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| NAVER Corp                                | NAVER Corp                                                          | CUSIP: 000000000<br>LEI: 988400ULUQYDB2HQYJ61 | Long             | EC               | CORP              | KR        |      5453 | NS      | $1058889.94   | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Meituan                                   | Meituan                                                             | CUSIP: 000000000<br>LEI: 21380033K525E5JLIA77 | Long             | EC               | CORP              | KY        |     64780 | NS      | $1042053.45   | 0.64%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Shriram Finance Ltd                       | Shriram Finance Ltd                                                 | CUSIP: 000000000<br>LEI: 335800TM2YO24B76XL26 | Long             | EC               | CORP              | IN        |    114548 | NS      | $944574.55    | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| BYD Co Ltd                                | BYD Co Ltd                                                          | CUSIP: 000000000<br>LEI: 5299005557VL7ULJ7A69 | Long             | EC               | CORP              | CN        |    202500 | NS      | $3152929.22   | 1.93%             |  |  |  | No            |                  2 | On Loan: No      |
| MakeMyTrip Ltd                            | MakeMyTrip Ltd                                                      | CUSIP: 000000000<br>LEI: 529900DNT8HNJ7RYUO60 | Long             | EC               | CORP              | MU        |      7952 | NS      | $779455.04    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| China Construction Bank Corp              | China Construction Bank Corp                                        | CUSIP: 000000000<br>LEI: 5493001KQW6DM7KEDR62 | Long             | EC               | CORP              | CN        |   4161230 | NS      | $4210941.38   | 2.58%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-18

**Name of Applicant:** MORGAN STANLEY VARIABLE INSURANCE FUND INC.

**Signature:** Francis Smith

**Name of Signer:** Francis Smith

**Title:** Principal Financial Officer