# EDGAR Filing Document

**Accession Number:** 0000719269
**File Stem:** 0001410368-26-057206
**Filing Date:** 2026-6
**Character Count:** 36865
**Document Hash:** ea0cb13e6275cf004fa3dad1b6e54605
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-057206.hdr.sgml**: 20260605

**ACCESSION NUMBER**: 0001410368-26-057206

**CONFORMED SUBMISSION TYPE**: N-MFP3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260531

**FILED AS OF DATE**: 20260605

**DATE AS OF CHANGE**: 20260605

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MFS VARIABLE INSURANCE TRUST II
- **CENTRAL INDEX KEY:** 0000719269

**ORGANIZATION NAME:**
- **EIN:** 046540044
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-MFP3
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03732
- **FILM NUMBER:** 261066980

**BUSINESS ADDRESS:**
- **STREET 1:** 111 HUNTINGTON AVENUE
- **STREET 2:** 21ST FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199
- **BUSINESS PHONE:** 16179545839

**MAIL ADDRESS:**
- **STREET 1:** 111 HUNTINGTON AVENUE
- **STREET 2:** 21ST FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MFS SUN LIFE SERIES TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** COMPASS SERIES TRUST
- **DATE OF NAME CHANGE:** 19850325

## Series and Classes Contracts Data

### MFS U.S. Government Money Market Portfolio (Series ID: S000002643)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000007255 | Initial Class |  |
| C000007256 | Service Class |  |

# Form N-MFP3: Monthly Schedule of Portfolio Holdings

## N-MFP: Filer Information
**Submission Type:** N-MFP3
**CIK:** 0000719269

### General Information

**Report for (YYYY-MM-DD):** 2026-05-31

**Registrant Full Name:** MFS VARIABLE INSURANCE TRUST II

**CIK Number of Registrant:** 0000719269

**LEI of Registrant:** LQOFLJQP174GQBC84T87

**Name of Series:** MFS U.S. Government Money Market Portfolio

**LEI of Series:** 6281G1890F5ADRR1GL16

**EDGAR Series Identifier:** S000002643

**Total number of share classes in the series:** 2

**Is this the fund's final filing on Form N-MFP?:** No

**Has the fund acquired or merged with another fund?:** No

## Part A: Series-Level Information about the Fund

### Service Providers
| Role                          | Details                                            | File/CIK Number   |
|:---|:---|:---|
| Investment Adviser            | Massachusetts Financial Services Company           | 801-17352         |
| Independent Public Accountant | Deloitte & Touche LLP<br>City: Boston<br>State: MA |  |
| Administrator                 | Massachusetts Financial Services Company           |  |
| Transfer Agent                | MFS Service Center, Inc<br>CIK: 0000769188         | 084-01316         |

### Fund Characteristics & Assets

- **Securities Act File Number:** 002-83616

- **Is this a Feeder Fund?:** No

- **Is this a Master Fund?:** No

- **Is this series for insurance company separate accounts?:** Yes

- **Money Market Fund Category:** Government

- **Is this a Retail Money Market Fund?:** No

- **Is this a Government Money Market Fund?:** No

- **WAM:** 41 days

- **WAL:** 41 days

- **Total Value of Portfolio Securities:** $250519222.47

- **Amortized Cost of Portfolio Securities:** $250544374.93

- **Cash:** $1.04

- **Total Other Assets:** $28635.14

- **Total Liabilities:** $1655706.33

- **Net Assets of Series:** $248917304.78

- **Number of Shares Outstanding (Series):** 249107310.4700

- **Does the fund seek to maintain a stable price per share?:** Yes

- **Stable Price Per Share:** $1.00

- **Is cash management vehicle an affiliated fund?:** No

- **Does the fund apply liquidity fees?:** No

### Daily & Weekly Liquid Assets
| Date       | Daily Liquid Assets ($)   | Weekly Liquid Assets ($)   | Daily Liquid Assets (%)   | Weekly Liquid Assets (%)   |
|:---|:---|:---|:---|:---|
| 2026-05-01 | $173263461.80             | $224267252.55              | 68.5800%                  | 88.7600%                   |
| 2026-05-04 | $172482277.43             | $223502518.97              | 68.4800%                  | 88.7400%                   |
| 2026-05-05 | $172457848.48             | $223483200.67              | 68.4800%                  | 88.7400%                   |
| 2026-05-06 | $171954838.59             | $222985448.31              | 68.4100%                  | 88.7100%                   |
| 2026-05-07 | $183811806.70             | $220849300.57              | 73.7400%                  | 88.6000%                   |
| 2026-05-08 | $183843716.25             | $220884884.21              | 73.7400%                  | 88.6000%                   |
| 2026-05-11 | $176443263.44             | $223038413.87              | 70.7500%                  | 89.4300%                   |
| 2026-05-12 | $176521376.47             | $223121311.45              | 70.7800%                  | 89.4600%                   |
| 2026-05-13 | $176529962.60             | $223134367.51              | 70.6300%                  | 89.2700%                   |
| 2026-05-14 | $176979254.12             | $223588723.36              | 70.8300%                  | 89.4800%                   |
| 2026-05-15 | $176980883.31             | $223594771.04              | 70.8200%                  | 89.4800%                   |
| 2026-05-18 | $176892865.63             | $223520772.78              | 70.8200%                  | 89.4800%                   |
| 2026-05-19 | $169053982.96             | $223440706.94              | 67.6500%                  | 89.4200%                   |
| 2026-05-20 | $176524364.28             | $223217183.29              | 70.6300%                  | 89.3200%                   |
| 2026-05-21 | $176899840.70             | $230605144.38              | 70.7800%                  | 92.2700%                   |
| 2026-05-22 | $170584720.00             | $224295345.58              | 68.2300%                  | 89.7100%                   |
| 2026-05-26 | $178450907.99             | $224182480.78              | 71.3000%                  | 89.5700%                   |
| 2026-05-27 | $178612112.15             | $224347874.53              | 71.1300%                  | 89.3500%                   |
| 2026-05-28 | $179141445.00             | $224881395.44              | 71.4400%                  | 89.6800%                   |
| 2026-05-29 | $179104946.30             | $224849671.51              | 71.4800%                  | 89.7300%                   |

### 7-Day Gross Yield
| Date       | 7-Day Gross Yield   |
|:---|:---|
| 2026-05-01 | 3.6700%             |
| 2026-05-04 | 3.6700%             |
| 2026-05-05 | 3.6700%             |
| 2026-05-06 | 3.6700%             |
| 2026-05-07 | 3.6700%             |
| 2026-05-08 | 3.6500%             |
| 2026-05-11 | 3.6500%             |
| 2026-05-12 | 3.6500%             |
| 2026-05-13 | 3.6400%             |
| 2026-05-14 | 3.6400%             |
| 2026-05-15 | 3.6400%             |
| 2026-05-18 | 3.6400%             |
| 2026-05-19 | 3.6300%             |
| 2026-05-20 | 3.6300%             |
| 2026-05-21 | 3.6300%             |
| 2026-05-22 | 3.6300%             |
| 2026-05-26 | 3.6300%             |
| 2026-05-27 | 3.6400%             |
| 2026-05-28 | 3.6500%             |
| 2026-05-29 | 3.6700%             |

### Daily Net Asset Value per Share (Series)
| Date       | Net Asset Value per Share   |
|:---|:---|
| 2026-05-01 | 0.9991                      |
|  |  |
| 2026-05-04 | 0.9992                      |
|  |  |
| 2026-05-05 | 0.9992                      |
|  |  |
| 2026-05-06 | 0.9992                      |
|  |  |
| 2026-05-07 | 0.9992                      |
|  |  |
| 2026-05-08 | 0.9992                      |
|  |  |
| 2026-05-11 | 0.9992                      |
|  |  |
| 2026-05-12 | 0.9992                      |
|  |  |
| 2026-05-13 | 0.9992                      |
|  |  |
| 2026-05-14 | 0.9992                      |
|  |  |
| 2026-05-15 | 0.9992                      |
|  |  |
| 2026-05-18 | 0.9992                      |
|  |  |
| 2026-05-19 | 0.9992                      |
|  |  |
| 2026-05-20 | 0.9992                      |
|  |  |
| 2026-05-21 | 0.9992                      |
|  |  |
| 2026-05-22 | 0.9991                      |
|  |  |
| 2026-05-26 | 0.9992                      |
|  |  |
| 2026-05-27 | 0.9992                      |
|  |  |
| 2026-05-28 | 0.9992                      |
|  |  |
| 2026-05-29 | 0.9991                      |
|  |  |

## Part B: Class-Level Information about the Fund

### Class: Initial Class

- **Minimum Initial Investment:** $1.00

- **Net Assets of Class:** $166775689.75

- **Number of Shares Outstanding:** 166903458.0400

- **Expense Reimbursement/Waiver:** 2387.00

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2026-05-01 | 0.9991          |
|  |  |
| 2026-05-04 | 0.9992          |
|  |  |
| 2026-05-05 | 0.9992          |
|  |  |
| 2026-05-06 | 0.9992          |
|  |  |
| 2026-05-07 | 0.9992          |
|  |  |
| 2026-05-08 | 0.9992          |
|  |  |
| 2026-05-11 | 0.9992          |
|  |  |
| 2026-05-12 | 0.9992          |
|  |  |
| 2026-05-13 | 0.9992          |
|  |  |
| 2026-05-14 | 0.9992          |
|  |  |
| 2026-05-15 | 0.9992          |
|  |  |
| 2026-05-18 | 0.9992          |
|  |  |
| 2026-05-19 | 0.9992          |
|  |  |
| 2026-05-20 | 0.9992          |
|  |  |
| 2026-05-21 | 0.9992          |
|  |  |
| 2026-05-22 | 0.9991          |
|  |  |
| 2026-05-26 | 0.9992          |
|  |  |
| 2026-05-27 | 0.9992          |
|  |  |
| 2026-05-28 | 0.9992          |
|  |  |
| 2026-05-29 | 0.9991          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2026-05-01 | $462369.91                | $574035.56              |
| 2026-05-04 | $5000.00                  | $6608.14                |
| 2026-05-05 | $32477.50                 | $296633.49              |
| 2026-05-06 | $2102.95                  | $1991805.97             |
| 2026-05-07 | $3097.69                  | $38327.56               |
| 2026-05-08 | $0.00                     | $12307.20               |
| 2026-05-11 | $90755.54                 | $131378.14              |
| 2026-05-12 | $16463.84                 | $0.00                   |
| 2026-05-13 | $8890.14                  | $125461.29              |
| 2026-05-14 | $74610.83                 | $49487.75               |
| 2026-05-15 | $46814.40                 | $70063.18               |
| 2026-05-18 | $0.00                     | $16339.78               |
| 2026-05-19 | $70.59                    | $413943.43              |
| 2026-05-20 | $442394.46                | $23179.72               |
| 2026-05-21 | $143926.70                | $98240.40               |
| 2026-05-22 | $815.49                   | $40758.18               |
| 2026-05-26 | $418022.80                | $3.94                   |
| 2026-05-27 | $7811.89                  | $482227.63              |
| 2026-05-28 | $213.88                   | $58874.37               |
| 2026-05-29 | $55.67                    | $662369.72              |

**Total Gross Subscriptions (Month):** $1755894.28

**Total Gross Redemptions (Month):** $5092045.45

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2026-05-01 | 3.2200%           |
| 2026-05-04 | 3.2200%           |
| 2026-05-05 | 3.2200%           |
| 2026-05-06 | 3.2200%           |
| 2026-05-07 | 3.2200%           |
| 2026-05-08 | 3.2000%           |
| 2026-05-11 | 3.2000%           |
| 2026-05-12 | 3.2000%           |
| 2026-05-13 | 3.1900%           |
| 2026-05-14 | 3.1900%           |
| 2026-05-15 | 3.1900%           |
| 2026-05-18 | 3.1900%           |
| 2026-05-19 | 3.1800%           |
| 2026-05-20 | 3.1800%           |
| 2026-05-21 | 3.1800%           |
| 2026-05-22 | 3.1800%           |
| 2026-05-26 | 3.1800%           |
| 2026-05-27 | 3.1900%           |
| 2026-05-28 | 3.2000%           |
| 2026-05-29 | 3.2200%           |

**Beneficial/Record Owner Categories**
| Category          | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Insurance company |  | 68.8200%         | 0.0000%              |
| Insurance company |  | 6.5900%          | 0.0000%              |
| Insurance company |  | 20.6400%         | 0.0000%              |

### Class: Service Class

- **Minimum Initial Investment:** $1.00

- **Net Assets of Class:** $82141615.03

- **Number of Shares Outstanding:** 82203852.4300

- **Expense Reimbursement/Waiver:** 18506.00

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2026-05-01 | 0.9991          |
|  |  |
| 2026-05-04 | 0.9992          |
|  |  |
| 2026-05-05 | 0.9992          |
|  |  |
| 2026-05-06 | 0.9992          |
|  |  |
| 2026-05-07 | 0.9992          |
|  |  |
| 2026-05-08 | 0.9992          |
|  |  |
| 2026-05-11 | 0.9992          |
|  |  |
| 2026-05-12 | 0.9992          |
|  |  |
| 2026-05-13 | 0.9992          |
|  |  |
| 2026-05-14 | 0.9992          |
|  |  |
| 2026-05-15 | 0.9992          |
|  |  |
| 2026-05-18 | 0.9992          |
|  |  |
| 2026-05-19 | 0.9992          |
|  |  |
| 2026-05-20 | 0.9992          |
|  |  |
| 2026-05-21 | 0.9992          |
|  |  |
| 2026-05-22 | 0.9991          |
|  |  |
| 2026-05-26 | 0.9992          |
|  |  |
| 2026-05-27 | 0.9992          |
|  |  |
| 2026-05-28 | 0.9992          |
|  |  |
| 2026-05-29 | 0.9991          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2026-05-01 | $220763.84                | $249973.77              |
| 2026-05-04 | $0.00                     | $41104.26               |
| 2026-05-05 | $0.00                     | $255666.16              |
| 2026-05-06 | $0.00                     | $169714.22              |
| 2026-05-07 | $32348.22                 | $205.98                 |
| 2026-05-08 | $1279.85                  | $12258.35               |
| 2026-05-11 | $101970.09                | $0.00                   |
| 2026-05-12 | $621.95                   | $26086.21               |
| 2026-05-13 | $548165.81                | $0.00                   |
| 2026-05-14 | $359.11                   | $59974.35               |
| 2026-05-15 | $698.10                   | $101634.65              |
| 2026-05-18 | $0.00                     | $88453.93               |
| 2026-05-19 | $167312.15                | $0.00                   |
| 2026-05-20 | $913.68                   | $59498.64               |
| 2026-05-21 | $245.87                   | $11400.38               |
| 2026-05-22 | $0.00                     | $133106.97              |
| 2026-05-26 | $532.48                   | $274548.40              |
| 2026-05-27 | $1081463.97               | $13189.03               |
| 2026-05-28 | $34281.28                 | $48029.92               |
| 2026-05-29 | $0.00                     | $255916.27              |

**Total Gross Subscriptions (Month):** $2190956.40

**Total Gross Redemptions (Month):** $1800761.49

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2026-05-01 | 3.2200%           |
| 2026-05-04 | 3.2200%           |
| 2026-05-05 | 3.2200%           |
| 2026-05-06 | 3.2200%           |
| 2026-05-07 | 3.2200%           |
| 2026-05-08 | 3.2000%           |
| 2026-05-11 | 3.2000%           |
| 2026-05-12 | 3.2000%           |
| 2026-05-13 | 3.1900%           |
| 2026-05-14 | 3.1900%           |
| 2026-05-15 | 3.1900%           |
| 2026-05-18 | 3.1900%           |
| 2026-05-19 | 3.1800%           |
| 2026-05-20 | 3.1800%           |
| 2026-05-21 | 3.1800%           |
| 2026-05-22 | 3.1800%           |
| 2026-05-26 | 3.1800%           |
| 2026-05-27 | 3.1900%           |
| 2026-05-28 | 3.2000%           |
| 2026-05-29 | 3.2200%           |

**Beneficial/Record Owner Categories**
| Category          | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Insurance company |  | 5.1400%          | 0.0000%              |
| Insurance company |  | 89.0600%         | 0.0000%              |

## Part C: Schedule of Portfolio Securities

### Security 1: Bank of America NA

- **C.1 - Title:** Bank of America NA 3.610000%
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.3 - CUSIP: 03199T002, C.3 - LEI: 549300HN4UKV1E2R3U73, C.5 - Other ID: 03199T002_3.61_0601
- **C.18 - Value (incl. sponsor support):** $45404000.00
- **C.18.a - Value (excl. sponsor support):** $45404000.00
- **C.19 - Percentage of Net Assets:** 18.2400%
- **C.17 - Yield as of Reporting Date:** 3.6100%
- **C.11 - Maturity Date (WAM):** 2026-06-01
- **C.12 - Maturity Date (WAL):** 2026-06-01
- **C.13 - Final Legal Maturity Date:** 2026-06-01
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

**C.8 - Repurchase Agreement Details:**

- **Is Open?:** No

- **Is Cleared?:** No

- **Is Tri-party?:** No

**Collateral:**
| Issuer Name        | Maturity Date   | Coupon   | Yield   | Principal Amount   | Collateral Value   | Category                           |
|:---|:---|:---|:---|:---|:---|:---|
| U.S. Treasury Bond | 2042-08-15      | 3.3750%  | 0.0000% | $55184000.00       | $46423540.00       | U.S. Treasuries (including strips) |

### Security 2: Federal Farm Credit Bank

- **C.1 - Title:** Federal Farm Credit Bank
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313313H76, C.4 - ISIN: US313313H761, C.3 - LEI: 254900C5LP6DN9OP9V83
- **C.18 - Value (incl. sponsor support):** $5135609.54
- **C.18.a - Value (excl. sponsor support):** $5135609.54
- **C.19 - Percentage of Net Assets:** 2.0600%
- **C.17 - Yield as of Reporting Date:** 3.6000%
- **C.11 - Maturity Date (WAM):** 2026-09-30
- **C.12 - Maturity Date (WAL):** 2026-09-30
- **C.13 - Final Legal Maturity Date:** 2026-09-30
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 3: Federal Farm Credit Bank

- **C.1 - Title:** Federal Farm Credit Bank
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313313XP8, C.4 - ISIN: US313313XP86, C.3 - LEI: 254900C5LP6DN9OP9V83
- **C.18 - Value (incl. sponsor support):** $5997580.02
- **C.18.a - Value (excl. sponsor support):** $5997580.02
- **C.19 - Percentage of Net Assets:** 2.4100%
- **C.17 - Yield as of Reporting Date:** 3.6300%
- **C.11 - Maturity Date (WAM):** 2026-06-02
- **C.12 - Maturity Date (WAL):** 2026-06-02
- **C.13 - Final Legal Maturity Date:** 2026-06-02
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 4: Federal Farm Credit Bank

- **C.1 - Title:** Federal Farm Credit Bank
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313313YE2, C.4 - ISIN: US313313YE21, C.3 - LEI: 254900C5LP6DN9OP9V83
- **C.18 - Value (incl. sponsor support):** $6737068.15
- **C.18.a - Value (excl. sponsor support):** $6737068.15
- **C.19 - Percentage of Net Assets:** 2.7100%
- **C.17 - Yield as of Reporting Date:** 3.6300%
- **C.11 - Maturity Date (WAM):** 2026-06-17
- **C.12 - Maturity Date (WAL):** 2026-06-17
- **C.13 - Final Legal Maturity Date:** 2026-06-17
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 5: Federal Home Loan Bank

- **C.1 - Title:** Federal Home Loan Bank
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385C79, C.4 - ISIN: US313385C794, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $6395669.52
- **C.18.a - Value (excl. sponsor support):** $6395669.52
- **C.19 - Percentage of Net Assets:** 2.5700%
- **C.17 - Yield as of Reporting Date:** 3.6100%
- **C.11 - Maturity Date (WAM):** 2026-08-21
- **C.12 - Maturity Date (WAL):** 2026-08-21
- **C.13 - Final Legal Maturity Date:** 2026-08-21
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 6: Federal Home Loan Bank

- **C.1 - Title:** Federal Home Loan Bank
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385E51, C.4 - ISIN: US313385E519, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $7426602.08
- **C.18.a - Value (excl. sponsor support):** $7426602.08
- **C.19 - Percentage of Net Assets:** 2.9800%
- **C.17 - Yield as of Reporting Date:** 3.6000%
- **C.11 - Maturity Date (WAM):** 2026-09-04
- **C.12 - Maturity Date (WAL):** 2026-09-04
- **C.13 - Final Legal Maturity Date:** 2026-09-04
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 7: Federal Home Loan Bank

- **C.1 - Title:** Federal Home Loan Bank
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385J49, C.4 - ISIN: US313385J492, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $6711670.86
- **C.18.a - Value (excl. sponsor support):** $6711670.86
- **C.19 - Percentage of Net Assets:** 2.7000%
- **C.17 - Yield as of Reporting Date:** 3.6300%
- **C.11 - Maturity Date (WAM):** 2026-10-05
- **C.12 - Maturity Date (WAL):** 2026-10-05
- **C.13 - Final Legal Maturity Date:** 2026-10-05
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 8: Federal Home Loan Bank

- **C.1 - Title:** Federal Home Loan Bank
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385ZD1, C.4 - ISIN: US313385ZD16, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $9559624.03
- **C.18.a - Value (excl. sponsor support):** $9559624.03
- **C.19 - Percentage of Net Assets:** 3.8400%
- **C.17 - Yield as of Reporting Date:** 3.6100%
- **C.11 - Maturity Date (WAM):** 2026-07-10
- **C.12 - Maturity Date (WAL):** 2026-07-10
- **C.13 - Final Legal Maturity Date:** 2026-07-10
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 9: Federal Home Loan Bank

- **C.1 - Title:** Federal Home Loan Bank
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385ZL3, C.4 - ISIN: US313385ZL32, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $7761726.88
- **C.18.a - Value (excl. sponsor support):** $7761726.88
- **C.19 - Percentage of Net Assets:** 3.1200%
- **C.17 - Yield as of Reporting Date:** 3.6100%
- **C.11 - Maturity Date (WAM):** 2026-07-17
- **C.12 - Maturity Date (WAL):** 2026-07-17
- **C.13 - Final Legal Maturity Date:** 2026-07-17
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 10: Federal Home Loan Mortgage Corp.

- **C.1 - Title:** Federal Home Loan Mortgage Corp.
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313397ZP9, C.4 - ISIN: US313397ZP91, C.3 - LEI: S6XOOCT0IEG5ABCC6L87
- **C.18 - Value (incl. sponsor support):** $7013289.10
- **C.18.a - Value (excl. sponsor support):** $7013289.10
- **C.19 - Percentage of Net Assets:** 2.8200%
- **C.17 - Yield as of Reporting Date:** 3.6100%
- **C.11 - Maturity Date (WAM):** 2026-07-20
- **C.12 - Maturity Date (WAL):** 2026-07-20
- **C.13 - Final Legal Maturity Date:** 2026-07-20
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 11: Federal National Mortgage Assoc.

- **C.1 - Title:** Federal National Mortgage Assoc.
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313589YP2, C.4 - ISIN: US313589YP25, C.3 - LEI: B1V7KEBTPIMZEU4LTD58
- **C.18 - Value (incl. sponsor support):** $8675437.03
- **C.18.a - Value (excl. sponsor support):** $8675437.03
- **C.19 - Percentage of Net Assets:** 3.4900%
- **C.17 - Yield as of Reporting Date:** 3.6300%
- **C.11 - Maturity Date (WAM):** 2026-06-26
- **C.12 - Maturity Date (WAL):** 2026-06-26
- **C.13 - Final Legal Maturity Date:** 2026-06-26
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 12: Fixed Income Clearing Corp. - State Street Bank & Trust Co.

- **C.1 - Title:** Fixed Income Clearing Corp. - State Street Bank & Trust Co. 3.580000%
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.3 - CUSIP: 85748R009, C.3 - LEI: 549300H47WTHXPU08X20, C.5 - Other ID: 85748R009_3.58_0601
- **C.18 - Value (incl. sponsor support):** $45404054.00
- **C.18.a - Value (excl. sponsor support):** $45404054.00
- **C.19 - Percentage of Net Assets:** 18.2400%
- **C.17 - Yield as of Reporting Date:** 3.5800%
- **C.11 - Maturity Date (WAM):** 2026-06-01
- **C.12 - Maturity Date (WAL):** 2026-06-01
- **C.13 - Final Legal Maturity Date:** 2026-06-01
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

**C.8 - Repurchase Agreement Details:**

- **Is Open?:** No

- **Is Cleared?:** Yes

- **Name of CCP:** Fixed Income Clearing Corp.

- **Is Tri-party?:** No

**Collateral:**
| Issuer Name                           | Maturity Date   | Coupon   | Yield   | Principal Amount   | Collateral Value   | Category                           |
|:---|:---|:---|:---|:---|:---|:---|
| U.S. Treasury Inflation Indexed Bonds | 2028-01-15      | 1.7500%  | 0.0000% | $29103600.00       | $46312385.51       | U.S. Treasuries (including strips) |

### Security 13: U.S. Treasury Bill

- **C.1 - Title:** U.S. Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797RF6, C.4 - ISIN: US912797RF64, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $7471282.28
- **C.18.a - Value (excl. sponsor support):** $7471282.28
- **C.19 - Percentage of Net Assets:** 3.0000%
- **C.17 - Yield as of Reporting Date:** 3.6900%
- **C.11 - Maturity Date (WAM):** 2026-07-09
- **C.12 - Maturity Date (WAL):** 2026-07-09
- **C.13 - Final Legal Maturity Date:** 2026-07-09
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 14: U.S. Treasury Bill

- **C.1 - Title:** U.S. Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797SU2, C.4 - ISIN: US912797SU23, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $9524681.91
- **C.18.a - Value (excl. sponsor support):** $9524681.91
- **C.19 - Percentage of Net Assets:** 3.8300%
- **C.17 - Yield as of Reporting Date:** 3.7500%
- **C.11 - Maturity Date (WAM):** 2026-11-27
- **C.12 - Maturity Date (WAL):** 2026-11-27
- **C.13 - Final Legal Maturity Date:** 2026-11-27
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 15: U.S. Treasury Bill

- **C.1 - Title:** U.S. Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797TE7, C.4 - ISIN: US912797TE71, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $7481900.03
- **C.18.a - Value (excl. sponsor support):** $7481900.03
- **C.19 - Percentage of Net Assets:** 3.0100%
- **C.17 - Yield as of Reporting Date:** 3.6800%
- **C.11 - Maturity Date (WAM):** 2026-06-25
- **C.12 - Maturity Date (WAL):** 2026-06-25
- **C.13 - Final Legal Maturity Date:** 2026-06-25
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 16: U.S. Treasury Bill

- **C.1 - Title:** U.S. Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797TN7, C.4 - ISIN: US912797TN70, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $17918718.66
- **C.18.a - Value (excl. sponsor support):** $17918718.66
- **C.19 - Percentage of Net Assets:** 7.2000%
- **C.17 - Yield as of Reporting Date:** 3.6800%
- **C.11 - Maturity Date (WAM):** 2026-07-16
- **C.12 - Maturity Date (WAL):** 2026-07-16
- **C.13 - Final Legal Maturity Date:** 2026-07-16
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 17: U.S. Treasury Bill

- **C.1 - Title:** U.S. Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797UA3, C.4 - ISIN: US912797UA31, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $9785157.12
- **C.18.a - Value (excl. sponsor support):** $9785157.12
- **C.19 - Percentage of Net Assets:** 3.9300%
- **C.17 - Yield as of Reporting Date:** 3.6900%
- **C.11 - Maturity Date (WAM):** 2026-06-16
- **C.12 - Maturity Date (WAL):** 2026-06-16
- **C.13 - Final Legal Maturity Date:** 2026-06-16
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 18: U.S. Treasury Bill

- **C.1 - Title:** U.S. Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797UN5, C.4 - ISIN: US912797UN51, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $11856847.63
- **C.18.a - Value (excl. sponsor support):** $11856847.63
- **C.19 - Percentage of Net Assets:** 4.7600%
- **C.17 - Yield as of Reporting Date:** 3.6900%
- **C.11 - Maturity Date (WAM):** 2026-07-07
- **C.12 - Maturity Date (WAL):** 2026-07-07
- **C.13 - Final Legal Maturity Date:** 2026-07-07
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 19: U.S. Treasury Bill

- **C.1 - Title:** U.S. Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797UR6, C.4 - ISIN: US912797UR65, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $8401475.96
- **C.18.a - Value (excl. sponsor support):** $8401475.96
- **C.19 - Percentage of Net Assets:** 3.3800%
- **C.17 - Yield as of Reporting Date:** 3.7000%
- **C.11 - Maturity Date (WAM):** 2026-07-28
- **C.12 - Maturity Date (WAL):** 2026-07-28
- **C.13 - Final Legal Maturity Date:** 2026-07-28
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 20: U.S. Treasury Bill

- **C.1 - Title:** U.S. Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797UU9, C.4 - ISIN: US912797UU94, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $5953312.14
- **C.18.a - Value (excl. sponsor support):** $5953312.14
- **C.19 - Percentage of Net Assets:** 2.3900%
- **C.17 - Yield as of Reporting Date:** 3.6700%
- **C.11 - Maturity Date (WAM):** 2026-08-18
- **C.12 - Maturity Date (WAL):** 2026-08-18
- **C.13 - Final Legal Maturity Date:** 2026-08-18
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 21: U.S. Treasury Bill

- **C.1 - Title:** U.S. Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797UW5, C.4 - ISIN: US912797UW50, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $3715459.28
- **C.18.a - Value (excl. sponsor support):** $3715459.28
- **C.19 - Percentage of Net Assets:** 1.4900%
- **C.17 - Yield as of Reporting Date:** 3.6900%
- **C.11 - Maturity Date (WAM):** 2026-09-01
- **C.12 - Maturity Date (WAL):** 2026-09-01
- **C.13 - Final Legal Maturity Date:** 2026-09-01
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 22: U.S. Treasury Bill

- **C.1 - Title:** U.S. Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797VB0, C.4 - ISIN: US912797VB05, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $6188056.25
- **C.18.a - Value (excl. sponsor support):** $6188056.25
- **C.19 - Percentage of Net Assets:** 2.4900%
- **C.17 - Yield as of Reporting Date:** 3.6900%
- **C.11 - Maturity Date (WAM):** 2026-09-08
- **C.12 - Maturity Date (WAL):** 2026-09-08
- **C.13 - Final Legal Maturity Date:** 2026-09-08
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

## N-MFP: Signatures

**Registrant:** MFS VARIABLE INSURANCE TRUST II

**Date:** 2026-06-05

**By:** James Byrne

**Name of Signing Officer:** James Byrne

**Title of Signing Officer:** Assistant Treasurer