# EDGAR Filing Document

**Accession Number:** 0000896435
**File Stem:** 0001752724-25-207376
**Filing Date:** 2025-8
**Character Count:** 25959
**Document Hash:** 9be2d137b40cdce312cbb61ded56c8aa
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-207376.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001752724-25-207376

**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:** AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)
- **CENTRAL INDEX KEY:** 0000896435

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07452
- **FILM NUMBER:** 251261448

**BUSINESS ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046
- **BUSINESS PHONE:** 7136261919

**MAIL ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM VARIABLE INSURANCE FUNDS
- **DATE OF NAME CHANGE:** 20000719

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM VARIABLE INSURANCE FUNDS INC
- **DATE OF NAME CHANGE:** 19930714

## Series and Classes Contracts Data

### INVESCO V.I. AMERICAN FRANCHISE FUND (Series ID: S000027890)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000084677 | SERIES I     |  |
| C000084678 | SERIES II    |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AIM Variable Insurance Funds (Invesco Variable Insurance Funds)

- **b. Investment Company Act file number:** 811-07452

- **c. CIK number of Registrant:** 0000896435

- **d. LEI of Registrant:** FC4UULIMJMGKBDUARB13

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

  - **Street Address 1:** 11 Greenway Plaza

  - **City:** Houston

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 77046-1173

  - **Telephone number:** 800-959-4246

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

- **a. Name of Series:** Invesco V.I. American Franchise Fund

- **b. EDGAR series identifier (if any):** S000027890

- **c. LEI of Series:** 549300GGRHG07I6R8K63

**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:** $930050060.01

**Total Liabilities:** $21196562.64

**Net Assets:** $908853497.37

**Cash Not Reported:** $51619.36

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000084677 | 2.47%                | 10.00%               | 7.72%                |
| Class ID C000084678 | 2.43%                | 9.99%                | 7.69%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $5249987.40              | $13833051.02                               |
| Month 2  | $2814882.77              | $75282835.03                               |
| Month 3  | $4457923.66              | $61000059.38                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Take-Two Interactive Software, Inc.         | Take-Two Interactive Software, Inc.                        | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |     36247 | NS      | $8802583.95   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals, Inc.                        | United Rentals, Inc.                                       | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |      7141 | NS      | $5380029.40   | 0.59%             |  |  |  | No            |                  1 | On Loan: —       |
| DoorDash, Inc.                              | DoorDash, Inc., Class A                                    | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |     26773 | NS      | $6599812.23   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Cloudflare, Inc.                            | Cloudflare, Inc., Class A                                  | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |     68602 | NS      | $13434329.66  | 1.48%             |  |  |  | No            |                  1 | On Loan: —       |
| Suncor Energy Inc.                          | Suncor Energy Inc.                                         | CUSIP: 867224107<br>LEI: 549300W70ZOQDVLCHY06 | Long             | EC               | CORP              | CA        |    176753 | NS      | $6619399.85   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly and Co.                           | Eli Lilly and Co.                                          | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      6722 | NS      | $5240000.66   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Flutter Entertainment PLC                   | Flutter Entertainment PLC                                  | CUSIP: G3643J108<br>LEI: 635400EG4YIJLJMZJ782 | Long             | EC               | CORP              | IE        |     35735 | NS      | $10211633.60  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.                               | Netflix, Inc.                                              | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     23105 | NS      | $30940598.65  | 3.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management, Inc.              | Apollo Global Management, Inc.                             | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |     55315 | NS      | $7847539.05   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Treasury Portfolio                  | Invesco Treasury Portfolio, Institutional Class            | CUSIP: 825252406<br>LEI: 5493004B3TM8ZIDDDC39 | Long             | STIV             | RF                | US        |   1271747 | NS      | $1271746.65   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| US Foods Holding Corp.                      | US Foods Holding Corp.                                     | CUSIP: 912008109<br>LEI: 549300UGOZSO64CFPR97 | Long             | EC               | CORP              | US        |     62570 | NS      | $4818515.70   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla, Inc.                                 | Tesla, Inc.                                                | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     54928 | NS      | $17448428.48  | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group, Inc.                            | CBRE Group, Inc., Class A                                  | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |     27154 | NS      | $3804818.48   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow, Inc.                            | ServiceNow, Inc.                                           | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |     21429 | NS      | $22030726.32  | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International PLC          | Johnson Controls International PLC                         | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | IE        |    142729 | NS      | $15075036.98  | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp.                              | AppLovin Corp., Class A                                    | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |     41606 | NS      | $14565428.48  | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp.                      | Costco Wholesale Corp.                                     | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      2169 | NS      | $2147179.86   | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| Philip Morris International Inc.            | Philip Morris International Inc.                           | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     65144 | NS      | $11864676.72  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| TransDigm Group Inc.                        | TransDigm Group Inc.                                       | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5018 | NS      | $7630571.52   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                               | Alphabet Inc., Class A                                     | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    156239 | NS      | $27533998.97  | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                            | Amazon.com, Inc.                                           | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    294795 | NS      | $64675075.05  | 7.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp.                     | Boston Scientific Corp.                                    | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |    125973 | NS      | $13530759.93  | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc.                                   | Visa Inc., Class A                                         | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     64767 | NS      | $22995523.35  | 2.53%             |  |  |  | No            |                  1 | On Loan: —       |
| Monolithic Power Systems, Inc.              | Monolithic Power Systems, Inc.                             | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |     15123 | NS      | $11060659.74  | 1.22%             |  |  |  | No            |                  1 | On Loan: —       |
| Vertiv Holdings Co.                         | Vertiv Holdings Co., Class A                               | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |     46585 | NS      | $5981979.85   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc.                               | Broadcom Inc.                                              | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    137602 | NS      | $37929991.30  | 4.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical, Inc.                    | Intuitive Surgical, Inc.                                   | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |     36124 | NS      | $19630142.84  | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Martin Marietta Materials, Inc.             | Martin Marietta Materials, Inc.                            | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |      4811 | NS      | $2641046.56   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Arthur J. Gallagher & Co.                   | Arthur J. Gallagher & Co.                                  | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |     14878 | NS      | $4762745.36   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Wabtec Corp.                                | Wabtec Corp.                                               | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |     33983 | NS      | $7114341.05   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co. Inc.                              | KKR & Co. Inc., Class A                                    | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |    103007 | NS      | $13703021.21  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)             | Goldman Sachs Group, Inc. (The)                            | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     14627 | NS      | $10352259.25  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp.                                | Vistra Corp.                                               | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     35527 | NS      | $6885487.87   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                                | NVIDIA Corp.                                               | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    645393 | NS      | $101965640.07 | 11.22%            |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks, Inc.                       | Arista Networks, Inc.                                      | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |    130374 | NS      | $13338563.94  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre, Inc.                          | MercadoLibre, Inc.                                         | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |      3911 | NS      | $10221906.93  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| HubSpot, Inc.                               | HubSpot, Inc.                                              | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |      7583 | NS      | $4220925.29   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake Inc.                              | Snowflake Inc., Class A                                    | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |     59358 | NS      | $13282539.66  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corp.                                | Cintas Corp.                                               | CUSIP: 172908105<br>LEI: 549300E27V6N4OJCJ944 | Long             | EC               | CORP              | US        |     31803 | NS      | $7087934.61   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms, Inc.                        | Meta Platforms, Inc., Class A                              | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     81687 | NS      | $60292357.83  | 6.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology S.A.                     | Spotify Technology S.A.                                    | CUSIP: L8681T102<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | LU        |     18073 | NS      | $13868135.82  | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp.                       | Parker-Hannifin Corp.                                      | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      8937 | NS      | $6242226.39   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Private Prime Fund                  | Invesco Private Prime Fund                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  14833393 | NS      | $14833392.68  | 1.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Microchip Technology Inc.                   | Microchip Technology Inc.                                  | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |    120507 | NS      | $8480077.59   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc.                  | Palantir Technologies Inc., Class A                        | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     25474 | NS      | $3472615.68   | 0.38%             |  |  |  | No            |                  1 | On Loan: —       |
| Booking Holdings Inc.                       | Booking Holdings Inc.                                      | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      3278 | NS      | $18977128.72  | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| BAE Systems PLC                             | BAE Systems PLC                                            | CUSIP: G06940103<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | EC               | CORP              | GB        |    370223 | NS      | $9608345.35   | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Apple Inc.                                  | Apple Inc.                                                 | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    154006 | NS      | $31597411.02  | 3.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Nintendo Co., Ltd.                          | Nintendo Co., Ltd.                                         | CUSIP: N/A<br>LEI: 353800FEEXU6I9M0ZF27       | Long             | EC               | CORP              | JP        |     73800 | NS      | $7086998.00   | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| DraftKings Inc.                             | DraftKings Inc., Class A                                   | CUSIP: 26142V105<br>LEI: 2549006G33IUL6IVOD83 | Long             | EC               | CORP              | US        |     89665 | NS      | $3845731.85   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp. PLC                             | Eaton Corp. PLC                                            | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     22883 | NS      | $8169002.17   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Inc.                             | Blackstone Inc., Class A                                   | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |     48481 | NS      | $7251787.98   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Government & Agency Portfolio       | Invesco Government & Agency Portfolio, Institutional Class | CUSIP: 825252885<br>LEI: 5493007T1J7WZ5QI1A47 | Long             | STIV             | RF                | US        |    684905 | NS      | $684904.58    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| DexCom, Inc.                                | DexCom, Inc.                                               | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |     30124 | NS      | $2629523.96   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| CrowdStrike Holdings, Inc.                  | CrowdStrike Holdings, Inc., Class A                        | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |     25087 | NS      | $12777059.97  | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Private Government Fund             | Invesco Private Government Fund                            | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |   5724763 | NS      | $5724762.97   | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Microsoft Corp.                             | Microsoft Corp.                                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    168056 | NS      | $83592734.96  | 9.20%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc.                             | GE Vernova Inc.                                            | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |     10048 | NS      | $5316899.20   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise, Inc.                       | Axon Enterprise, Inc.                                      | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |      4677 | NS      | $3872275.38   | 0.43%             |  |  |  | No            |                  1 | On Loan: —       |
| Taiwan Semiconductor Manufacturing Co. Ltd. | Taiwan Semiconductor Manufacturing Co. Ltd., ADR           | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     49903 | NS      | $11302530.47  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Alnylam Pharmaceuticals, Inc.               | Alnylam Pharmaceuticals, Inc.                              | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |     26625 | NS      | $8682146.25   | 0.96%             |  |  |  | No            |                  1 | On Loan: —       |
| Robinhood Markets, Inc.                     | Robinhood Markets, Inc., Class A                           | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |     69860 | NS      | $6540991.80   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

**Name of Applicant:** AIM Variable Insurance Funds (Invesco Variable Insurance Funds)

**Signature:** Adrien Deberghes

**Name of Signer:** Adrien Deberghes

**Title:** Principal Financial Officer and Treasurer