# EDGAR Filing Document

**Accession Number:** 0000896435
**File Stem:** 0000896435-26-000357
**Filing Date:** 2026-5
**Character Count:** 50346
**Document Hash:** ed0f3357a29704bfe0298204ff289d75
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000896435-26-000357.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0000896435-26-000357

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20261231

**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:** 261028512

**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. Global Real Estate Fund (Series ID: S000000187)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000000420 | Series I     |  |
| C000000421 | Series II    |  |

## Nport-Ex

**Schedule of Investments** 

*March 31, 2026*

*(Unaudited)*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests–98.35%** | **Common Stocks & Other Equity Interests–98.35%** | **Common Stocks & Other Equity Interests–98.35%** |
| **Australia–5.75%** | **Australia–5.75%** | **Australia–5.75%** |
| Goodman Group | 134057 | &nbsp;&nbsp; $2406793 |
| Mirvac Group | 648539 | &nbsp;&nbsp; 801311 |
| NEXTDC Ltd.<sup>(a)</sup>  | 58291 | &nbsp;&nbsp; 466035 |
| Stockland | 284386 | &nbsp;&nbsp; 853678 |
| Vicinity Ltd. | 549894 | &nbsp;&nbsp; 897092 |
|  |  | &nbsp;&nbsp; 5424909 |
| **Belgium–1.21%** | **Belgium–1.21%** | **Belgium–1.21%** |
| Aedifica S.A. | 6247 | &nbsp;&nbsp; 505804 |
| Warehouses De Pauw C.V.A. | 24549 | &nbsp;&nbsp; 639493 |
|  |  | &nbsp;&nbsp; 1145297 |
| **Canada–1.66%** | **Canada–1.66%** | **Canada–1.66%** |
| Canadian Apartment Properties REIT | 20742 | &nbsp;&nbsp; 529472 |
| Chartwell Retirement Residences | 43210 | &nbsp;&nbsp; 624962 |
| First Capital REIT | 27461 | &nbsp;&nbsp; 407049 |
|  |  | &nbsp;&nbsp; 1561483 |
| **France–2.36%** | **France–2.36%** | **France–2.36%** |
| Klepierre S.A. | 19266 | &nbsp;&nbsp; 723287 |
| Unibail-Rodamco-Westfield | 13609 | &nbsp;&nbsp; 1501420 |
|  |  | &nbsp;&nbsp; 2224707 |
| **Germany–2.02%** | **Germany–2.02%** | **Germany–2.02%** |
| Sirius Real Estate Ltd. | 475872 | &nbsp;&nbsp; 586329 |
| TAG Immobilien AG | 39544 | &nbsp;&nbsp; 620790 |
| Vonovia SE | 27736 | &nbsp;&nbsp; 693745 |
|  |  | &nbsp;&nbsp; 1900864 |
| **Hong Kong–4.07%** | **Hong Kong–4.07%** | **Hong Kong–4.07%** |
| Hongkong Land Holdings Ltd. | 82700 | &nbsp;&nbsp; 644480 |
| Link REIT | 175900 | &nbsp;&nbsp; 815263 |
| Sun Hung Kai Properties Ltd. | 124000 | &nbsp;&nbsp; 2064704 |
| Swire Properties Ltd. | 108200 | &nbsp;&nbsp; 316945 |
|  |  | &nbsp;&nbsp; 3841392 |
| **Japan–9.01%** | **Japan–9.01%** | **Japan–9.01%** |
| Daiwa House REIT Investment Corp. | 858 | &nbsp;&nbsp; 677226 |
| GLP J-Reit | 1193 | &nbsp;&nbsp; 976794 |
| &nbsp;&nbsp;&nbsp; Japan Metropolitan Fund Investment <br> Corp.<sup>(b)</sup>  | 1331 | &nbsp;&nbsp; 937287 |
| Mitsubishi Estate Co. Ltd. | 29100 | &nbsp;&nbsp; 807713 |
| &nbsp;&nbsp;&nbsp; Mitsui Fudosan Accommodations Fund, <br> Inc. | 527 | &nbsp;&nbsp; 445277 |
| Mitsui Fudosan Co. Ltd. | 184200 | &nbsp;&nbsp; 1963652 |
| Nippon Building Fund, Inc. | 883 | &nbsp;&nbsp; 741436 |
| &nbsp;&nbsp;&nbsp; Sumitomo Realty & Development Co. <br> Ltd. | 68600 | &nbsp;&nbsp; 1946580 |
|  |  | &nbsp;&nbsp; 8495965 |
| **Netherlands–0.33%** | **Netherlands–0.33%** | **Netherlands–0.33%** |
| CTP N.V.<sup>(c)</sup>  | 18414 | &nbsp;&nbsp; 308186 |
| **Singapore–2.66%** | **Singapore–2.66%** | **Singapore–2.66%** |
| &nbsp;&nbsp;&nbsp; CapitaLand Integrated Commercial <br> Trust | 564698 | &nbsp;&nbsp; 1012648 |
| CapitaLand Investment Ltd. | 66800 | &nbsp;&nbsp; 142190 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Shares** | **Value** |
| **Singapore–(continued)** | **Singapore–(continued)** | **Singapore–(continued)** |
| Centurion Accommodation Reit | 290100 | &nbsp;&nbsp; $249527 |
| Mapletree Pan Asia Commercial Trust | 505900 | &nbsp;&nbsp; 521291 |
| Parkway Life REIT | 98500 | &nbsp;&nbsp; 307033 |
| UOL Group Ltd. | 35700 | &nbsp;&nbsp; 271069 |
|  |  | &nbsp;&nbsp; 2503758 |
| **Spain–0.85%** | **Spain–0.85%** | **Spain–0.85%** |
| Merlin Properties SOCIMI S.A. | 49065 | &nbsp;&nbsp; 799384 |
| **Sweden–1.00%** | **Sweden–1.00%** | **Sweden–1.00%** |
| Catena AB | 8015 | &nbsp;&nbsp; 373825 |
| Fastighets AB Balder, Class B<sup>(a)</sup>  | 97391 | &nbsp;&nbsp; 570382 |
|  |  | &nbsp;&nbsp; 944207 |
| **Switzerland–1.40%** | **Switzerland–1.40%** | **Switzerland–1.40%** |
| PSP Swiss Property AG | 4373 | &nbsp;&nbsp; 868259 |
| Swiss Prime Site AG | 2686 | &nbsp;&nbsp; 454789 |
|  |  | &nbsp;&nbsp; 1323048 |
| **United Kingdom–2.63%** | **United Kingdom–2.63%** | **United Kingdom–2.63%** |
| Big Yellow Group PLC | 23620 | &nbsp;&nbsp; 266267 |
| British Land Co. PLC (The) | 100791 | &nbsp;&nbsp; 476778 |
| LondonMetric Property PLC | 277082 | &nbsp;&nbsp; 669317 |
| Safestore Holdings PLC | 31180 | &nbsp;&nbsp; 261897 |
| Segro PLC | 93944 | &nbsp;&nbsp; 805341 |
|  |  | &nbsp;&nbsp; 2479600 |
| **United States–63.40%** | **United States–63.40%** | **United States–63.40%** |
| American Healthcare REIT, Inc.<sup>(b)</sup>  | 32842 | &nbsp;&nbsp; 1548829 |
| American Homes 4 Rent, Class A | 27142 | &nbsp;&nbsp; 757805 |
| Brixmor Property Group, Inc. | 92037 | &nbsp;&nbsp; 2650666 |
| Broadstone Net Lease, Inc. | 60269 | &nbsp;&nbsp; 1101115 |
| BXP, Inc.<sup>(b)</sup>  | 12984 | &nbsp;&nbsp; 673870 |
| Camden Property Trust<sup>(b)</sup>  | 19260 | &nbsp;&nbsp; 1880932 |
| CareTrust REIT, Inc.<sup>(b)</sup>  | 32505 | &nbsp;&nbsp; 1191308 |
| Cousins Properties, Inc. | 37614 | &nbsp;&nbsp; 848948 |
| CubeSmart<sup>(b)</sup>  | 45323 | &nbsp;&nbsp; 1661088 |
| Digital Realty Trust, Inc. | 25002 | &nbsp;&nbsp; 4505610 |
| EastGroup Properties, Inc.<sup>(b)</sup>  | 10750 | &nbsp;&nbsp; 1989717 |
| Equinix, Inc. | 4546 | &nbsp;&nbsp; 4456171 |
| Essential Properties Realty Trust, Inc.<sup>(b)</sup>  | 33246 | &nbsp;&nbsp; 1009349 |
| Extra Space Storage, Inc. | 21108 | &nbsp;&nbsp; 2767892 |
| First Industrial Realty Trust, Inc. | 37002 | &nbsp;&nbsp; 2140566 |
| Gaming and Leisure Properties, Inc. | 22103 | &nbsp;&nbsp; 980710 |
| Healthcare Realty Trust, Inc.<sup>(b)</sup>  | 35780 | &nbsp;&nbsp; 607902 |
| Host Hotels & Resorts, Inc. | 26838 | &nbsp;&nbsp; 514216 |
| Iron Mountain, Inc. | 20887 | &nbsp;&nbsp; 2133398 |
| Janus Living, Inc.<sup>(a)(b)</sup>  | 15820 | &nbsp;&nbsp; 372877 |
| Lamar Advertising Co., Class A | 5978 | &nbsp;&nbsp; 757173 |
| Omega Healthcare Investors, Inc. | 56862 | &nbsp;&nbsp; 2491693 |
| Prologis, Inc. | 40184 | &nbsp;&nbsp; 5311521 |
| Ryman Hospitality Properties, Inc.<sup>(b)</sup>  | 11793 | &nbsp;&nbsp; 1088140 |
| Simon Property Group, Inc. | 17250 | &nbsp;&nbsp; 3217642 |
| Tanger, Inc. | 28707 | &nbsp;&nbsp; 975464 |
| UDR, Inc. | 56561 | &nbsp;&nbsp; 1910631 |
| Vornado Realty Trust<sup>(b)</sup>  | 16119 | &nbsp;&nbsp; 418933 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco V.I. Global Real Estate Fund**

------

---

| | | | |
|:---|:---|:---|:---|
|  | **Shares** | **Shares** | **Value** |
| **United States–(continued)** | **United States–(continued)** | **United States–(continued)** | **United States–(continued)** |
| W.P. Carey, Inc.<sup>(b)</sup>  | W.P. Carey, Inc.<sup>(b)</sup>  | 35377 | &nbsp;&nbsp; $2404221 |
| Welltower, Inc.<sup>(b)</sup>  | Welltower, Inc.<sup>(b)</sup>  | 37448 | &nbsp;&nbsp; 7403844 |
|  |  |  | &nbsp;&nbsp; 59772231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br> (Cost $81,953,176) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br> (Cost $81,953,176) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br> (Cost $81,953,176) | &nbsp;&nbsp; 92725031 |
| **Money Market Funds–0.29%** | **Money Market Funds–0.29%** | **Money Market Funds–0.29%** | **Money Market Funds–0.29%** |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 3.58%<sup>(d)(e)</sup>  | &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 3.58%<sup>(d)(e)</sup>  | 96788 | &nbsp;&nbsp; 96788 |
| &nbsp;&nbsp;&nbsp; Invesco Treasury Portfolio, Institutional <br> Class, 3.56%<sup>(d)(e)</sup>  | &nbsp;&nbsp;&nbsp; Invesco Treasury Portfolio, Institutional <br> Class, 3.56%<sup>(d)(e)</sup>  | 179750 | &nbsp;&nbsp; 179750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Money Market Funds (Cost $276,538) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Money Market Funds (Cost $276,538) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Money Market Funds (Cost $276,538) | &nbsp;&nbsp; 276538 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br> (excluding Investments purchased <br> with cash collateral from securities <br> on loan)-98.64% <br> (Cost $82,229,714)<br>|  |  | &nbsp;&nbsp; 93001569 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Shares** | **Value** |
| **Investments Purchased with Cash Collateral from** <br> **Securities on Loan** | **Investments Purchased with Cash Collateral from** <br> **Securities on Loan** | **Investments Purchased with Cash Collateral from** <br> **Securities on Loan** |
| **Money Market Funds–21.08%** | **Money Market Funds–21.08%** | **Money Market Funds–21.08%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 3.63%<sup>(d)(e)(f)</sup>  | 5535761 | &nbsp;&nbsp; $5535761 |
| Invesco Private Prime Fund, 3.80%<sup>(d)(e)(f)</sup>  | 14332211 | &nbsp;&nbsp; 14333644 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral <br> from Securities on Loan (Cost $19,869,405) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral <br> from Securities on Loan (Cost $19,869,405) | &nbsp;&nbsp; 19869405 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES—119.72% <br> (Cost $102,099,119) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES—119.72% <br> (Cost $102,099,119) | &nbsp;&nbsp; 112870974 |
| OTHER ASSETS LESS LIABILITIES–(19.72)% | OTHER ASSETS LESS LIABILITIES–(19.72)% | &nbsp;&nbsp; (18590617)<br>|
| NET ASSETS–100.00% | NET ASSETS–100.00% | &nbsp;&nbsp; $94280357 |

---

Investment Abbreviations:

REIT – Real Estate Investment Trust

Notes to Schedule of Investments:

<sup>(a)</sup> Non-income producing security.

<sup>(b)</sup> All or a portion of this security was out on loan at March 31, 2026.

<sup>(c)</sup> Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act"). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The value of this security at March 31, 2026 represented less than 1% of the Fund's Net Assets. 

<sup>(d)</sup> Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund's transactions in, and earnings from, its investments in affiliates for the three months ended March 31, 2026. 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**December 31, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Value** <br>**March 31, 2026**<br>| **Dividend Income** |
| **Investments in Affiliated Money Market Funds:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, Institutional <br> Class<br>| $266114 | &nbsp;&nbsp; $1685517 | &nbsp;&nbsp; $(1854843) | &nbsp;&nbsp; $- | &nbsp;&nbsp; $- | &nbsp;&nbsp; $96788 | &nbsp;&nbsp; $2081 |
| Invesco Treasury Portfolio, Institutional Class | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 494213 | &nbsp;&nbsp;&nbsp; 3130246 | &nbsp;&nbsp;&nbsp; (3444709) | &nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 179750 | &nbsp;&nbsp;&nbsp;&nbsp; 3835 |
| **Investments Purchased with Cash Collateral from** <br> **Securities on Loan:**<br>|  |  |  |  |  |  |  |
| Invesco Private Government Fund | &nbsp;&nbsp;&nbsp; 4202177 | &nbsp;&nbsp; 29087072 | &nbsp;&nbsp; (27753488) | &nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 5535761 | &nbsp;&nbsp; 31,863\* |
| Invesco Private Prime Fund | &nbsp;&nbsp; 10860606 | &nbsp;&nbsp; 61370128 | &nbsp;&nbsp; (57895070) | &nbsp;&nbsp; - | &nbsp;&nbsp; (2020) | &nbsp;&nbsp; 14333644 | &nbsp;&nbsp; 83,761\* |
| Total | $15823110 | &nbsp;&nbsp; $95272963 | &nbsp;&nbsp; $(90948110) | &nbsp;&nbsp; $- | &nbsp;&nbsp; $(2020) | &nbsp;&nbsp; $20145943 | &nbsp;&nbsp; $121540 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(e)</sup> The rate shown is the 7-day SEC standardized yield as of March 31, 2026. <br> <sup>(f)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

**Invesco V.I. Global Real Estate Fund**

------

**Notes to Quarterly Schedule of Portfolio Holdings**

*March 31, 2026*

*(Unaudited)*

**NOTE 1—Additional Valuation Information**

Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment's assigned level:

Level 1 – Prices are determined using quoted prices in an active market for identical assets.

Level 2 – Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others. When market movements occur after the close of the relevant foreign securities markets, foreign securities may be fair valued utilizing an independent pricing service.

Level 3 – Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Advisers, Inc.'s assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.

The following is a summary of the tiered valuation input levels, as of March 31, 2026. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Level 1** | **Level 2** | **Level 3** | **Total** |
| <br>**Investments in Securities** |  |  |  |  |
| Australia | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $5424909 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $5424909 |
| Belgium | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1145297 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1145297 |
| Canada | &nbsp;&nbsp;&nbsp;&nbsp; 1561483 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1561483 |
| France | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2224707 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2224707 |
| Germany | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1900864 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1900864 |
| Hong Kong | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 3841392 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 3841392 |
| Japan | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8495965 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8495965 |
| Netherlands | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 308186 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 308186 |
| Singapore | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2503758 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2503758 |
| Spain | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 799384 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 799384 |
| Sweden | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 944207 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 944207 |
| Switzerland | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1323048 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1323048 |
| United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2479600 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2479600 |
| United States | &nbsp;&nbsp;&nbsp;&nbsp; 59772231 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 59772231 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp; 276538 | &nbsp;&nbsp;&nbsp;&nbsp; 19869405 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 20145943 |
| **Total Investments** | &nbsp;&nbsp;&nbsp;&nbsp; $61610252 | &nbsp;&nbsp;&nbsp;&nbsp; $51260722 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $112870974 |

---

**Invesco V.I. Global Real Estate Fund**

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** 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. Global Real Estate Fund

- **b. EDGAR series identifier (if any):** S000000187

- **c. LEI of Series:** MUMJDXWSDGBEBHMS9A73

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $113820873.78

**Total Liabilities:** $20217942.67

**Net Assets:** $93602931.11

**Cash Not Reported:** $36266.82

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000421 | 3.55%                | 7.28%                | -8.61%               |
| Class ID C000000420 | 3.53%                | 7.37%                | -8.58%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-293350.57              | $3756121.34                                |
| Month 2  | $72483.90                | $6953546.07                                |
| Month 3  | $-181188.96              | $-9213225.19                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Vicinity Ltd.                            | Vicinity Ltd.                                              | CUSIP: Q9395F102<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    523996 | NS      | $854841.82    | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| First Industrial Realty Trust, Inc.      | First Industrial Realty Trust, Inc.                        | CUSIP: 32054K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37002 | NS      | $2140565.70   | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent                    | American Homes 4 Rent, Class A                             | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |     27729 | NS      | $774193.68    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsui Fudosan Accommodations Fund Inc.  | Mitsui Fudosan Accommodations Fund Inc.                    | CUSIP: J52066107<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       504 | NS      | $425843.87    | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Parkway Life REIT                        | Parkway Life REIT                                          | CUSIP: Y67202104<br>LEI: 549300I4DKVD2OF5LW91 | Long             | EC               | CORP              | SG        |     98500 | NS      | $307032.55    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| CTP N.V.                                 | CTP N.V.                                                   | CUSIP: N2368S105<br>LEI: 3157000YTVO4TN65UM14 | Long             | EC               | CORP              | NL        |     18414 | NS      | $308185.63    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Building Fund Inc.                | Nippon Building Fund Inc.                                  | CUSIP: J52088101<br>LEI: 52990053R8NL2MB32172 | Long             | EC               | CORP              | JP        |       883 | NS      | $741435.93    | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Glp J-Reit                               | Glp J-Reit                                                 | CUSIP: J17305103<br>LEI: 353800E27V9KA51K2I90 | Long             | EC               | CORP              | JP        |      1193 | NS      | $976794.54    | 1.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Brixmor Property Group Inc.              | Brixmor Property Group Inc.                                | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               | CORP              | US        |     92674 | NS      | $2669011.20   | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Gaming and Leisure Properties, Inc.      | Gaming and Leisure Properties, Inc.                        | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               | CORP              | US        |     22103 | NS      | $980710.11    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| UDR, Inc.                                | UDR, Inc.                                                  | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               | CORP              | US        |     57060 | NS      | $1927486.80   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Invincible Investment Corp.              | Invincible Investment Corp.                                | CUSIP: J2442V103<br>LEI: 353800JY6M2692VAV685 | Long             | EC               | CORP              | JP        |        48 | NS      | $18059.98     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Swiss Prime Site AG                      | Swiss Prime Site AG                                        | CUSIP: H8403W107<br>LEI: 506700XI9H64OPR34158 | Long             | EC               | CORP              | CH        |      2686 | NS      | $454788.49    | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| TAG Immobilien AG                        | TAG Immobilien AG                                          | CUSIP: D8283Q174<br>LEI: 529900TAE68USJNXLR59 | Long             | EC               | CORP              | DE        |     39544 | NS      | $620790.12    | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Invesco Treasury Portfolio               | Invesco Treasury Portfolio, Institutional Class            | CUSIP: 825252406<br>LEI: 5493004B3TM8ZIDDDC39 | Long             | STIV             | RF                | US        |    179750 | NS      | $179749.54    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Living, Inc.                       | Janus Living, Inc.                                         | CUSIP: 471024109<br>LEI: 2549003JCIOFKGHO7313 | Long             | EC               | CORP              | US        |     15820 | NS      | $372877.40    | 0.40%             |  |  |  | No            |                  1 | On Loan: —       |
| Sun Hung Kai Properties Ltd.             | Sun Hung Kai Properties Ltd.                               | CUSIP: Y82594121<br>LEI: 529900LUMD393RD3S874 | Long             | EC               | CORP              | HK        |    124000 | NS      | $2064703.79   | 2.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Chartwell Retirement Residences          | Chartwell Retirement Residences                            | CUSIP: 16141A103<br>LEI: 549300M7UBEIZBWP4069 | Long             | EC               | CORP              | CA        |     44387 | NS      | $641985.80    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Host Hotels & Resorts, Inc.              | Host Hotels & Resorts, Inc.                                | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               | CORP              | US        |     26838 | NS      | $514216.08    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Properties Realty Trust, Inc.  | Essential Properties Realty Trust, Inc.                    | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               | CORP              | US        |     33246 | NS      | $1009348.56   | 1.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Centurion Accommodation Reit             | Centurion Accommodation Reit                               | CUSIP: Y1777V103<br>LEI: 254900NE2W0T2HDOXF24 | Long             | EC               | CORP              | SG        |    290100 | NS      | $249526.84    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| British Land Co. PLC (The)               | British Land Co. PLC (The)                                 | CUSIP: G15540118<br>LEI: RV5B68J2GV3QGMRPW209 | Long             | EC               | CORP              | GB        |    100791 | NS      | $476777.85    | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui Fudosan Co., Ltd.                 | Mitsui Fudosan Co., Ltd.                                   | CUSIP: J4509L101<br>LEI: 353800ND4ZKNZDYKMF33 | Long             | EC               | CORP              | JP        |    184200 | NS      | $1963652.56   | 2.10%             |  |  |  | No            |                  2 | On Loan: No      |
| LondonMetric Property PLC                | LondonMetric Property PLC                                  | CUSIP: G5689W109<br>LEI: 213800OCERWWPQDURL87 | Long             | EC               | CORP              | GB        |    277082 | NS      | $669317.06    | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Cousins Properties Inc.                  | Cousins Properties Inc.                                    | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               | CORP              | US        |     38492 | NS      | $868764.44    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| BXP, Inc.                                | BXP, Inc.                                                  | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Long             | EC               | CORP              | US        |     12984 | NS      | $673869.60    | 0.72%             |  |  |  | No            |                  1 | On Loan: —       |
| CareTrust REIT, Inc.                     | CareTrust REIT, Inc.                                       | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |     32505 | NS      | $1191308.25   | 1.27%             |  |  |  | No            |                  1 | On Loan: —       |
| Vonovia SE                               | Vonovia SE                                                 | CUSIP: D9581T100<br>LEI: 5299005A2ZEP6AP7KM81 | Long             | EC               | CORP              | DE        |     27736 | NS      | $693744.89    | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Extra Space Storage Inc.                 | Extra Space Storage Inc.                                   | CUSIP: 30225T102<br>LEI: 529900SDJHKRQWED6A16 | Long             | EC               | CORP              | US        |     21108 | NS      | $2767892.04   | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastgroup Properties, Inc.               | Eastgroup Properties, Inc.                                 | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               | CORP              | US        |     10750 | NS      | $1989717.50   | 2.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Goodman Group                            | Goodman Group                                              | CUSIP: Q4229W132<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    134057 | NS      | $2406793.29   | 2.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Realty & Development Co., Ltd.  | Sumitomo Realty & Development Co., Ltd.                    | CUSIP: J77841112<br>LEI: 353800SO2DCLOI3LNZ64 | Long             | EC               | CORP              | JP        |     68600 | NS      | $1946579.79   | 2.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Aedifica S.A.                            | Aedifica S.A.                                              | CUSIP: B0130A108<br>LEI: 529900DTKNXL0AXQFN28 | Long             | EC               | CORP              | BE        |      6247 | NS      | $505804.11    | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| W.P. Carey Inc.                          | W.P. Carey Inc.                                            | CUSIP: 92936U109<br>LEI: 54930042CRNE713E3Q67 | Long             | EC               | CORP              | US        |     35377 | NS      | $2404220.92   | 2.57%             |  |  |  | No            |                  1 | On Loan: —       |
| Ryman Hospitality Properties, Inc.       | Ryman Hospitality Properties, Inc.                         | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               | CORP              | US        |     11793 | NS      | $1088140.11   | 1.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Fastighets AB Balder                     | Fastighets AB Balder, Class B                              | CUSIP: N/A<br>LEI: 549300GHKJCEZOAEUU82       | Long             | EC               | CORP              | SE        |     97391 | NS      | $570381.32    | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Warehouses De Pauw NV/SA                 | Warehouses De Pauw NV/SA                                   | CUSIP: B9T59Z100<br>LEI: 549300HWDYC5JXC85138 | Long             | EC               | CORP              | BE        |     24549 | NS      | $639492.81    | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Simon Property Group, Inc.               | Simon Property Group, Inc.                                 | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |     17369 | NS      | $3239839.57   | 3.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthcare Realty Trust Inc.             | Healthcare Realty Trust Inc.                               | CUSIP: 42226K105<br>LEI: 549300L0I14L7I0VLX84 | Long             | EC               | CORP              | US        |     35780 | NS      | $607902.20    | 0.65%             |  |  |  | No            |                  1 | On Loan: —       |
| Equinix, Inc.                            | Equinix, Inc.                                              | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      4615 | NS      | $4523807.60   | 4.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Vornado Realty Trust                     | Vornado Realty Trust                                       | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16119 | NS      | $418932.81    | 0.45%             |  |  |  | No            |                  1 | On Loan: —       |
| Prologis, Inc.                           | Prologis, Inc.                                             | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     40184 | NS      | $5311521.12   | 5.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Scentre Group Ltd.                       | Scentre Group Ltd.                                         | CUSIP: Q8351E109<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     73027 | NS      | $168497.29    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Metropolitan Fund Investment Corp. | Japan Metropolitan Fund Investment Corp.                   | CUSIP: J27544105<br>LEI: 353800QDHNIP60E1LQ93 | Long             | EC               | CORP              | JP        |      1331 | NS      | $937287.04    | 1.00%             |  |  |  | No            |                  2 | On Loan: —       |
| Camden Property Trust                    | Camden Property Trust                                      | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |     19260 | NS      | $1880931.60   | 2.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Safestore Holdings PLC                   | Safestore Holdings PLC                                     | CUSIP: G77733106<br>LEI: 213800WGA3YSJC1YOH73 | Long             | EC               | CORP              | GB        |     31180 | NS      | $261897.59    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Klepierre                                | Klepierre                                                  | CUSIP: F5396X102<br>LEI: 969500PB4U31KEFHZ621 | Long             | EC               | CORP              | FR        |     19266 | NS      | $723287.56    | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Segro PLC                                | Segro PLC                                                  | CUSIP: G80277141<br>LEI: 213800XC35KGM9NFC641 | Long             | EC               | CORP              | GB        |     93944 | NS      | $805340.62    | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Big Yellow Group PLC                     | Big Yellow Group PLC                                       | CUSIP: G1093E108<br>LEI: 213800W7Q4V2ZI8LIW31 | Long             | EC               | CORP              | GB        |     23620 | NS      | $266267.30    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| CubeSmart                                | CubeSmart                                                  | CUSIP: 229663109<br>LEI: 549300MPHKO3I3FJRA97 | Long             | EC               | CORP              | US        |     45323 | NS      | $1661087.95   | 1.77%             |  |  |  | No            |                  1 | On Loan: —       |
| CapitaLand Integrated Commercial Trust   | CapitaLand Integrated Commercial Trust                     | CUSIP: Y0259J109<br>LEI: 54930031292WUTXF0L29 | Long             | EC               | CORP              | SG        |    564698 | NS      | $1012648.41   | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Invesco Private Prime Fund               | Invesco Private Prime Fund                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  14332211 | NS      | $14333644.22  | 15.31%            |  |  |  | No            |                  2 | On Loan: No      |
| Digital Realty Trust, Inc.               | Digital Realty Trust, Inc.                                 | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |     25002 | NS      | $4505610.42   | 4.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadstone Net Lease, Inc.               | Broadstone Net Lease, Inc.                                 | CUSIP: 11135E203<br>LEI: 549300U8D7PT70B49V21 | Long             | EC               | CORP              | US        |     60269 | NS      | $1101114.63   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Swire Properties Ltd.                    | Swire Properties Ltd.                                      | CUSIP: Y83191109<br>LEI: 5299001L12PHYVQ92465 | Long             | EC               | CORP              | HK        |    108200 | NS      | $316945.44    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| UOL Group Ltd.                           | UOL Group Ltd.                                             | CUSIP: Y9299W103<br>LEI: 254900O9PRCWTMR86R25 | Long             | EC               | CORP              | SG        |     35700 | NS      | $271068.76    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| American Healthcare REIT, Inc.           | American Healthcare REIT, Inc.                             | CUSIP: 398182303<br>LEI: 2549004GGE2APGNT6O92 | Long             | EC               | CORP              | US        |     32842 | NS      | $1548828.72   | 1.65%             |  |  |  | No            |                  1 | On Loan: —       |
| Lamar Advertising Co.                    | Lamar Advertising Co., Class A                             | CUSIP: 512816109<br>LEI: 529900Y8WW4MKVPTB543 | Long             | EC               | CORP              | US        |      6107 | NS      | $773512.62    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| First Capital REIT                       | First Capital REIT                                         | CUSIP: 31890B103<br>LEI: 54930042UG2WCIIAQZ39 | Long             | EC               | CORP              | CA        |     27461 | NS      | $407048.97    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Link REIT                                | Link REIT                                                  | CUSIP: Y5281M111<br>LEI: 529900XUE70U36QX5M62 | Long             | EC               | CORP              | HK        |    175900 | NS      | $815263.41    | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Hongkong Land Holdings Ltd.              | Hongkong Land Holdings Ltd.                                | CUSIP: G4587L109<br>LEI: 213800XCHYNRPAYGXW28 | Long             | EC               | CORP              | BM        |     82700 | NS      | $644479.69    | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Apartment Properties REIT       | Canadian Apartment Properties REIT                         | CUSIP: 134921105<br>LEI: 549300B1MYVTQEB2DI90 | Long             | EC               | CORP              | CA        |     20742 | NS      | $529471.94    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Unibail-Rodamco-Westfield                | Unibail-Rodamco-Westfield                                  | CUSIP: F95094581<br>LEI: 969500SHQITWXSIS7N89 | Long             | EC               | CORP              | FR        |     13609 | NS      | $1501419.87   | 1.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Invesco Government & Agency Portfolio    | Invesco Government & Agency Portfolio, Institutional Class | CUSIP: 825252885<br>LEI: 5493007T1J7WZ5QI1A47 | Long             | STIV             | RF                | US        |     96788 | NS      | $96788.29     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc.                           | Welltower Inc.                                             | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |     37635 | NS      | $7440815.85   | 7.95%             |  |  |  | No            |                  1 | On Loan: —       |
| Mitsubishi Estate Co., Ltd.              | Mitsubishi Estate Co., Ltd.                                | CUSIP: J43916113<br>LEI: 353800KOFMRGOXSJ5Z65 | Long             | EC               | CORP              | JP        |     29100 | NS      | $807712.56    | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| NEXTDC Ltd.                              | NEXTDC Ltd.                                                | CUSIP: Q6750Y106<br>LEI: 529900RTERU3X7G3D672 | Long             | EC               | CORP              | AU        |     52740 | NS      | $421655.20    | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Invesco Private Government Fund          | Invesco Private Government Fund                            | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |   5535761 | NS      | $5535760.94   | 5.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Mapletree Pan Asia Commercial Trust      | Mapletree Pan Asia Commercial Trust                        | CUSIP: Y5759T101<br>LEI: 549300BF18K4IC5LZ208 | Long             | EC               | CORP              | SG        |    505900 | NS      | $521291.44    | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Sirius Real Estate Ltd.                  | Sirius Real Estate Ltd.                                    | CUSIP: G8187C104<br>LEI: 213800NURUF5W8QSK566 | Long             | EC               | CORP              | GG        |    475872 | NS      | $586328.80    | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Omega Healthcare Investors, Inc.         | Omega Healthcare Investors, Inc.                           | CUSIP: 681936100<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | EC               | CORP              | US        |     57326 | NS      | $2512025.32   | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiwa House REIT Investment Corp.        | Daiwa House REIT Investment Corp.                          | CUSIP: J1236F118<br>LEI: 3538001FWU534P8JMO05 | Long             | EC               | CORP              | JP        |       858 | NS      | $677225.64    | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| CapitaLand Investment Ltd.               | CapitaLand Investment Ltd.                                 | CUSIP: Y1091P105<br>LEI: 254900AT4UQDU7SNXX49 | Long             | EC               | CORP              | SG        |     66800 | NS      | $142190.32    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Mirvac Group                             | Mirvac Group                                               | CUSIP: Q62377108<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    582199 | NS      | $719343.82    | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Merlin Properties SOCIMI S.A.            | Merlin Properties SOCIMI S.A.                              | CUSIP: E7390Z100<br>LEI: 959800L8KD863DP30X04 | Long             | EC               | CORP              | ES        |     49065 | NS      | $799383.61    | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Catena AB                                | Catena AB                                                  | CUSIP: W2356E100<br>LEI: 549300EMLM7AH5LDLY65 | Long             | EC               | CORP              | SE        |      8015 | NS      | $373825.29    | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Tanger Inc.                              | Tanger Inc.                                                | CUSIP: 875465106<br>LEI: UKEW8YSXE4Y581KYOL30 | Long             | EC               | CORP              | US        |     28707 | NS      | $975463.86    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Stockland                                | Stockland                                                  | CUSIP: Q8773B105<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    282717 | NS      | $848667.71    | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| PSP Swiss Property AG                    | PSP Swiss Property AG                                      | CUSIP: H64687124<br>LEI: 50670042Y437P8X44F56 | Long             | EC               | CORP              | CH        |      4373 | NS      | $868259.12    | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| Iron Mountain Inc.                       | Iron Mountain Inc.                                         | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |     21044 | NS      | $2149434.16   | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**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