# EDGAR Filing Document

**Accession Number:** 0001413032
**File Stem:** 0001410368-26-018839
**Filing Date:** 2026-2
**Character Count:** 32470
**Document Hash:** ef28739e97e572edad35d9be8c981b99
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-018839.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0001410368-26-018839

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Columbia Funds Variable Series Trust II
- **CENTRAL INDEX KEY:** 0001413032

**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:** 811-22127
- **FILM NUMBER:** 26684807

**BUSINESS ADDRESS:**
- **STREET 1:** 290 CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 800-345-6611

**MAIL ADDRESS:**
- **STREET 1:** 290 CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RiverSource Variable Series Trust
- **DATE OF NAME CHANGE:** 20070920

## Series and Classes Contracts Data

### Columbia Variable Portfolio - Dividend Opportunity Fund (Series ID: S000019857)

| Class ID   | Class Name                                                      | Ticker Symbol   |
|:---|:---|:---|
| C000055694 | Columbia Variable Portfolio - Dividend Opportunity Fund Class 3 |  |
| C000088785 | Columbia Variable Portfolio - Dividend Opportunity Fund Class 1 |  |
| C000088786 | Columbia Variable Portfolio - Dividend Opportunity Fund Class 2 |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Columbia Funds Variable Series Trust II

- **b. Investment Company Act file number:** 811-22127

- **c. CIK number of Registrant:** 0001413032

- **d. LEI of Registrant:** 54930017CSZ4UCL7G406

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

  - **Street Address 1:** 290 Congress Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 800-345-6611

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

- **a. Name of Series:** Columbia Variable Portfolio - Dividend Opportunity Fund

- **b. EDGAR series identifier (if any):** S000019857

- **c. LEI of Series:** RZ4C74XO8R9U6434PS81

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

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

- **b. Date as of which information is reported:** 2025-12-31

**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:** $938287242.60

**Total Liabilities:** $515458.85

**Net Assets:** $937771783.75

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000055694 | -0.88%               | 3.20%                | 0.49%                |
| Class ID C000088785 | -0.86%               | 3.23%                | 0.50%                |
| Class ID C000088786 | -0.90%               | 3.21%                | 0.48%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $6517061.98              | $-16379477.48                              |
| Month 2  | $15074733.33             | $12003279.53                               |
| Month 3  | $8376814.16              | $-6566660.37                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AT&T Inc                             | AT&T Inc                             | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |    603000 | NS      | $14978520.00  | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                           | AbbVie Inc                           | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |    104400 | NS      | $23854356.00  | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| ALBEMARLE CORP                       | Albemarle Corp                       | CUSIP: 012653200<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EP               | CORP              | US        |    110200 | NS      | $6485270.00   | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Altria Group Inc                     | Altria Group Inc                     | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |    158200 | NS      | $9121812.00   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co Inc       | American Electric Power Co Inc       | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     48300 | NS      | $5569473.00   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| American Financial Group Inc/OH      | American Financial Group Inc/OH      | CUSIP: 025932104<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EC               | CORP              | US        |     72600 | NS      | $9922968.00   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                            | Amgen Inc                            | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     21800 | NS      | $7135358.00   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| APOLLO GLOBAL MANAGEMENT             | Apollo Global Management Inc         | CUSIP: 03769M304<br>LEI: 254900LMFT1CY9IYB476 | Long             | EP               | CORP              | US        |     64000 | NS      | $4820480.00   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| ARES MANAGEMENT CORP                 | Ares Management Corp                 | CUSIP: 03990B309<br>LEI: 529900JUV61FH7B8VW38 | Long             | EP               | CORP              | US        |     99600 | NS      | $5010876.00   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America Corp                 | Bank of America Corp                 | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    344200 | NS      | $18931000.00  | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Best Buy Co Inc                      | Best Buy Co Inc                      | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |    130600 | NS      | $8741058.00   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Inc                       | Blackstone Inc                       | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |     44000 | NS      | $6782160.00   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| BOEING CO/THE                        | Boeing Co/The                        | CUSIP: 097023204<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EP               | CORP              | US        |     59950 | NS      | $4163527.50   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| BXP Inc                              | BXP Inc                              | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Long             | EC               |  | US        |     65200 | NS      | $4399696.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co              | Bristol-Myers Squibb Co              | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |    132700 | NS      | $7157838.00   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                         | Broadcom Inc                         | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     23800 | NS      | $8237180.00   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc                        | CME Group Inc                        | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |     39800 | NS      | $10868584.00  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                      | CVS Health Corp                      | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |    159800 | NS      | $12681728.00  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy Inc                   | Coterra Energy Inc                   | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |    171300 | NS      | $4508616.00   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                         | Chevron Corp                         | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    120200 | NS      | $18319682.00  | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc                    | Cisco Systems Inc                    | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |    321200 | NS      | $24742036.00  | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                        | Citigroup Inc                        | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    159200 | NS      | $18577048.00  | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The                     | Coca-Cola Co/The                     | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    169200 | NS      | $11828772.00  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| COLUMBIA SHORT TERM CASH FUND        | COLUMBIA SHORT TERM CASH FUND        | CUSIP: 19766H239<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  11949941 | NS      | $11946356.00  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                         | Comcast Corp                         | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    319800 | NS      | $9558822.00   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Conagra Brands Inc                   | Conagra Brands Inc                   | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |    373000 | NS      | $6456630.00   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning Inc                          | Corning Inc                          | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |    147000 | NS      | $12871320.00  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE Energy Co                        | DTE Energy Co                        | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |     50500 | NS      | $6513490.00   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Darden Restaurants Inc               | Darden Restaurants Inc               | CUSIP: 237194105<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | EC               | CORP              | US        |     51700 | NS      | $9513834.00   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc             | Digital Realty Trust Inc             | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               |  | US        |     63300 | NS      | $9793143.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                     | Exxon Mobil Corp                     | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    270600 | NS      | $32564004.00  | 3.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Ford Motor Co                        | Ford Motor Co                        | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |    635700 | NS      | $8340384.00   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Gap Inc/The                          | Gap Inc/The                          | CUSIP: 364760108<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | EC               | CORP              | US        |    446100 | NS      | $11420160.00  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Genuine Parts Co                     | Genuine Parts Co                     | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |     90500 | NS      | $11127880.00  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The          | Goldman Sachs Group Inc/The          | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     30800 | NS      | $27073200.00  | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co        | Hewlett Packard Enterprise Co        | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |    283600 | NS      | $6812072.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| HP ENTERPRISE CO                     | Hewlett Packard Enterprise Co        | CUSIP: 42824C208<br>LEI: 549300BX44RGX6ANDV88 | Long             | EP               | CORP              | US        |    106110 | NS      | $7013285.10   | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Home Depot Inc/The                   | Home Depot Inc/The                   | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     43900 | NS      | $15105990.00  | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp | International Business Machines Corp | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     83300 | NS      | $24674293.00  | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| International Paper Co               | International Paper Co               | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |    205800 | NS      | $8106462.00   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                  | JPMorgan Chase & Co                  | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    102100 | NS      | $32898662.00  | 3.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                    | Johnson & Johnson                    | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |    124300 | NS      | $25723885.00  | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan Inc                    | Kinder Morgan Inc                    | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |    361000 | NS      | $9923890.00   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp                 | Lockheed Martin Corp                 | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |     25000 | NS      | $12091750.00  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                       | Merck & Co Inc                       | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |    167200 | NS      | $17599472.00  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife Inc                          | MetLife Inc                          | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |    122100 | NS      | $9638574.00   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology Inc             | Microchip Technology Inc             | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |     63300 | NS      | $4033476.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC             | Microchip Technology Inc             | CUSIP: 595017302<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EP               | CORP              | US        |     87000 | NS      | $5072100.00   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| NextEra Energy Inc                   | NextEra Energy Inc                   | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |     48800 | NS      | $3917664.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY INC                   | NextEra Energy Inc                   | CUSIP: 65339F119<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EP               | CORP              | US        |    102000 | NS      | $4952100.00   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Nutrien Ltd                          | Nutrien Ltd                          | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |    139900 | NS      | $8634628.00   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR Inc                           | PACCAR Inc                           | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |     79800 | NS      | $8738898.00   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                          | PepsiCo Inc                          | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |    111100 | NS      | $15945072.00  | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                           | Pfizer Inc                           | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    294700 | NS      | $7338030.00   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc      | Philip Morris International Inc      | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |    126700 | NS      | $20322680.00  | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The              | Procter & Gamble Co/The              | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     87000 | NS      | $12467970.00  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Service Enterprise Group Inc  | Public Service Enterprise Group Inc  | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |     28300 | NS      | $2272490.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                             | RTX Corp                             | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     70300 | NS      | $12893020.00  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc             | Simon Property Group Inc             | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               |  | US        |     64100 | NS      | $11865551.00  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyworks Solutions Inc               | Skyworks Solutions Inc               | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |    101800 | NS      | $6455138.00   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co/The                      | Southern Co/The                      | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |     52000 | NS      | $4534400.00   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHERN CO                          | Southern Co/The                      | CUSIP: 842587842<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EP               | CORP              | US        |    136198 | NS      | $6763027.98   | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Southwest Airlines Co                | Southwest Airlines Co                | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |    186400 | NS      | $7703912.00   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Stanley Black & Decker Inc           | Stanley Black & Decker Inc           | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |    154900 | NS      | $11505972.00  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                       | Starbucks Corp                       | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |     85700 | NS      | $7216797.00   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Starwood Property Trust Inc          | Starwood Property Trust Inc          | CUSIP: 85571B105<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | EC               |  | US        |    642300 | NS      | $11567823.00  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp                          | Target Corp                          | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |     51000 | NS      | $4985250.00   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc                | Texas Instruments Inc                | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     55500 | NS      | $9628695.00   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M Co                                | 3M Co                                | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |     74400 | NS      | $11911440.00  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corp                | Truist Financial Corp                | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |    162000 | NS      | $7972020.00   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| UDR Inc                              | UDR Inc                              | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               |  | US        |    170900 | NS      | $6268612.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI Corp                             | UGI Corp                             | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |    276900 | NS      | $10364367.00  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                           | US Bancorp                           | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    242400 | NS      | $12934464.00  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp                   | Union Pacific Corp                   | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     36000 | NS      | $8327520.00   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service Inc            | United Parcel Service Inc            | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     49400 | NS      | $4899986.00   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc               | UnitedHealth Group Inc               | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     29100 | NS      | $9606201.00   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp                   | Valero Energy Corp                   | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |     58800 | NS      | $9572052.00   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc           | Verizon Communications Inc           | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    293100 | NS      | $11937963.00  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                     | Wells Fargo & Co                     | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    153300 | NS      | $14287560.00  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                        | Welltower Inc                        | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               |  | US        |     17100 | NS      | $3173931.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLTOWER OP LLC                     | Welltower OP LLC                     | CUSIP: 95041AAD0<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |   4500000 | PA      | $6795000.00   | 0.72%             | 2029-07-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Xcel Energy Inc                      | Xcel Energy Inc                      | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |    120600 | NS      | $8907516.00   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Ltd                          | Invesco Ltd                          | CUSIP: 000000000<br>LEI: ECPGFXU8A2SHKVVGJI15 | Long             | EC               | CORP              | BM        |    337100 | NS      | $8855617.00   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International plc   | Johnson Controls International plc   | CUSIP: 000000000<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | IE        |     39500 | NS      | $4730125.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                        | Medtronic PLC                        | CUSIP: 000000000<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |    130300 | NS      | $12516618.00  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Seagate Technology Holdings PLC      | Seagate Technology Holdings PLC      | CUSIP: 000000000<br>LEI: 635400RUXIFEZSRU8X70 | Long             | EC               | CORP              | IE        |     24500 | NS      | $6747055.00   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Bunge Global SA                      | Bunge Global SA                      | CUSIP: 000000000<br>LEI: 254900IVXSV9K0B7PO26 | Long             | EC               | CORP              | CH        |    107200 | NS      | $9549376.00   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| LyondellBasell Industries NV         | LyondellBasell Industries NV         | CUSIP: 000000000<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | EC               | CORP              | NL        |     97700 | NS      | $4230410.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-02

**Name of Applicant:** Columbia Funds Variable Series Trust II

**Signature:** Jennifer Borges

**Name of Signer:** Jennifer Borges

**Title:** Senior Manager