# EDGAR Filing Document

**Accession Number:** 0000764797
**File Stem:** 0001752724-23-047664
**Filing Date:** 2023-2
**Character Count:** 54510
**Document Hash:** 7738afbd0213f6cb8b8b80f4e9b0d575
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-047664.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001752724-23-047664

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DEUTSCHE DWS VARIABLE SERIES I
- **CENTRAL INDEX KEY:** 0000764797
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04257
- **FILM NUMBER:** 23685698

**BUSINESS ADDRESS:**
- **STREET 1:** 875 THIRD AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022-6225
- **BUSINESS PHONE:** 212-454-4500

**MAIL ADDRESS:**
- **STREET 1:** 875 THIRD AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022-6225

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DEUTSCHE VARIABLE SERIES I
- **DATE OF NAME CHANGE:** 20140811

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DWS VARIABLE SERIES I
- **DATE OF NAME CHANGE:** 20060207

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SCUDDER VARIABLE SERIES I
- **DATE OF NAME CHANGE:** 20010501

## Series and Classes Contracts Data

### DWS Global Small Cap VIP (Series ID: S000006246)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000017182 | Class A      |  |
| C000017183 | Class B      |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** DEUTSCHE DWS VARIABLE SERIES I

- **b. Investment Company Act file number:** 811-04257

- **c. CIK number of Registrant:** 0000764797

- **d. LEI of Registrant:** U1G8JTC14F115MRJOJ63

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

  - **Street Address 1:** 875 Third Avenue

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10022-6225

  - **Telephone number:** 212-454-4500

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

- **a. Name of Series:** DWS Global Small Cap VIP

- **b. EDGAR series identifier (if any):** S000006246

- **c. LEI of Series:** IQD68GE0SFRBOJ7IST46

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $58692688.25

**Total Liabilities:** $393720.08

**Net Assets:** $58298968.17

**Cash Not Reported:** $22564.32

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000017182 | 7.61%                | 7.91%                | -5.33%               |
| Class ID C000017183 | 7.47%                | 7.96%                | -5.27%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-690796.27              | $4742319.65                                |
| Month 2  | $-30344.04               | $4480925.31                                |
| Month 3  | $-143147.47              | $-3220877.21                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Thermon Group Holdings Inc                | Thermon Group Holdings Inc                                                            | CUSIP: 88362T103<br>LEI: 529900ZNZBBLDE77MZ38 | Long             | EC               | CORP              | US        |     41084 | NS      | $824966.72    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Nankai Electric Railway Co Ltd            | Nankai Electric Railway Co Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     13900 | NS      | $300235.12    | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| ModivCare Inc                             | ModivCare Inc                                                                         | CUSIP: 60783X104<br>LEI: 549300EFZIFW7F7I0Q28 | Long             | EC               | CORP              | US        |      5635 | NS      | $505656.73    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Kusuri no Aoki Holdings Co Ltd            | Kusuri no Aoki Holdings Co Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     12358 | NS      | $720495.28    | 1.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Euronav NV                                | Euronav NV                                                                            | CUSIP: 000000000<br>LEI: 549300D80RYON74MEJ03 | Long             | EC               | CORP              | BE        |      7922 | NS      | $134225.77    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Applus Services SA                        | Applus Services SA                                                                    | CUSIP: 000000000<br>LEI: 213800M9XCA6NR98E873 | Long             | EC               | CORP              | ES        |     37453 | NS      | $258490.68    | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Clearway Energy Inc                       | Clearway Energy Inc                                                                   | CUSIP: 18539C105<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |      8754 | NS      | $261919.68    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank OZK                                  | Bank OZK                                                                              | CUSIP: 06417N103<br>LEI: 549300VYK2WBD7SST478 | Long             | EC               | CORP              | US        |      3323 | NS      | $133119.38    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| REN - Redes Energeticas Nacionais SGPS SA | REN - Redes Energeticas Nacionais SGPS SA                                             | CUSIP: 000000000<br>LEI: 549300FR1FN48IGHR915 | Long             | EC               | CORP              | PT        |     93742 | NS      | $253249.32    | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| New Jersey Resources Corp                 | New Jersey Resources Corp                                                             | CUSIP: 646025106<br>LEI: 549300QKBSQBIX4DQ583 | Long             | EC               | CORP              | US        |      8861 | NS      | $439682.82    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Avis Budget Group Inc                     | Avis Budget Group Inc                                                                 | CUSIP: 053774105<br>LEI: 529900E95812SYWMCE44 | Long             | EC               | CORP              | US        |      3834 | NS      | $628507.62    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Fluidra SA                                | Fluidra SA                                                                            | CUSIP: 000000000<br>LEI: 95980020140005026620 | Long             | EC               | CORP              | ES        |     15901 | NS      | $248224.39    | 0.43%             |  |  |  | No            |                  2 | On Loan: —       |
| Kulicke & Soffa Industries Inc            | Kulicke & Soffa Industries Inc                                                        | CUSIP: 501242101<br>LEI: 529900H6BEIRBF429744 | Long             | EC               | CORP              | US        |      6831 | NS      | $302340.06    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Bumble Inc                                | Bumble Inc                                                                            | CUSIP: 12047B105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12016 | NS      | $252936.80    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastern Bankshares Inc                    | Eastern Bankshares Inc                                                                | CUSIP: 27627N105<br>LEI: 549300J245MBQU3DO403 | Long             | EC               | CORP              | US        |     32726 | NS      | $564523.50    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Greggs PLC                                | Greggs PLC                                                                            | CUSIP: 000000000<br>LEI: 213800I71QMUFJ64IW20 | Long             | EC               | CORP              | GB        |     20719 | NS      | $588587.70    | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Adeia Inc                                 | Adeia Inc                                                                             | CUSIP: 00676P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16731 | NS      | $158609.88    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Safehold Inc                              | Safehold Inc                                                                          | CUSIP: 78645L100<br>LEI: 549300MHMP6BIE0XV355 | Long             | EC               |  | US        |       873 | NS      | $24985.26     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Lazard Ltd                                | Lazard Ltd                                                                            | CUSIP: 000000000<br>LEI: 254900RIBCDJSUFG1A11 | Long             | EC               | CORP              | BM        |     10442 | NS      | $362024.14    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercept Pharmaceuticals Inc             | Intercept Pharmaceuticals Inc                                                         | CUSIP: 45845P108<br>LEI: 254900JMB8TX5P688V24 | Long             | EC               | CORP              | US        |     14318 | NS      | $177113.66    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Drainage Systems Inc             | Advanced Drainage Systems Inc                                                         | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |      3678 | NS      | $301485.66    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Properties Realty Trust Inc     | Essential Properties Realty Trust Inc                                                 | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               |  | US        |      7528 | NS      | $176682.16    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Anika Therapeutics Inc                    | Anika Therapeutics Inc                                                                | CUSIP: 035255108<br>LEI: 529900R9LS3Z0O6QH455 | Long             | EC               | CORP              | US        |      7403 | NS      | $219128.80    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Maisons du Monde SA                       | Maisons du Monde SA                                                                   | CUSIP: 000000000<br>LEI: 9695009DV2698O4ZBU71 | Long             | EC               | CORP              | FR        |     25993 | NS      | $326594.57    | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| RS GROUP PLC                              | RS GROUP PLC                                                                          | CUSIP: 000000000<br>LEI: 549300KVXDURRKVW7R37 | Long             | EC               | CORP              | GB        |     83525 | NS      | $911007.80    | 1.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Pacira BioSciences Inc                    | Pacira BioSciences Inc                                                                | CUSIP: 695127100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15308 | NS      | $591041.88    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Four Corners Property Trust Inc           | Four Corners Property Trust Inc                                                       | CUSIP: 35086T109<br>LEI: 549300SVTPZPBDVNER42 | Long             | EC               |  | US        |     29349 | NS      | $761019.57    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Kindred Group PLC                         | Kindred Group PLC                                                                     | CUSIP: 000000000<br>LEI: 213800D1MJVOT6SNBX11 | Long             | EC               | CORP              | MT        |     33322 | NS      | $347540.35    | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Xperi Inc                                 | Xperi Inc                                                                             | CUSIP: 98423J101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6692 | NS      | $57621.56     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| UT Group Co Ltd                           | UT Group Co Ltd                                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     31524 | NS      | $537344.64    | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |
| Jack in the Box Inc                       | Jack in the Box Inc                                                                   | CUSIP: 466367109<br>LEI: 5493002OJW26P0SUUP68 | Long             | EC               | CORP              | US        |      2539 | NS      | $173235.97    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Crescent Energy Co                        | Crescent Energy Co                                                                    | CUSIP: 44952J104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19216 | NS      | $230399.84    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Seah Besteel Holdings Corp                | Seah Besteel Holdings Corp                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     44900 | NS      | $581567.81    | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Topcon Corp                               | Topcon Corp                                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     23800 | NS      | $272886.75    | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Talgo SA                                  | Talgo SA                                                                              | CUSIP: 000000000<br>LEI: 95980037JECHVQDJDT59 | Long             | EC               | CORP              | ES        |     52330 | NS      | $186349.77    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| DWS                                       | DWS Government & Agency Securities Portfolio DWS Government Cash Institutional Shares | CUSIP: 147539670<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    263098 | NS      | $263097.70    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Quebecor Inc                              | Quebecor Inc                                                                          | CUSIP: 748193208<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     22763 | NS      | $507712.41    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Americold Realty Trust Inc                | Americold Realty Trust Inc                                                            | CUSIP: 03064D108<br>LEI: 549300R7N1V5YV8MWH02 | Long             | EC               |  | US        |     21573 | NS      | $610731.63    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Easterly Government Properties Inc        | Easterly Government Properties Inc                                                    | CUSIP: 27616P103<br>LEI: 549300ERMCEFC6S8HL77 | Long             | EC               |  | US        |     18867 | NS      | $269232.09    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Affiliated Managers Group Inc             | Affiliated Managers Group Inc                                                         | CUSIP: 008252108<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | EC               | CORP              | US        |      4518 | NS      | $715786.74    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Senseonics Holdings Inc                   | Senseonics Holdings Inc                                                               | CUSIP: 81727U105<br>LEI: 549300RCH6Z07TBHJ258 | Long             | EC               | CORP              | US        |    148398 | NS      | $152849.94    | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Casey's General Stores Inc                | Casey's General Stores Inc                                                            | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |      5900 | NS      | $1323665.00   | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Buzzi Unicem SpA                          | Buzzi Unicem SpA                                                                      | CUSIP: 000000000<br>LEI: 5299003DX5YLKSVJ6K59 | Long             | EC               | CORP              | IT        |     52110 | NS      | $1006644.67   | 1.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Madison Square Garden Sports Corp         | Madison Square Garden Sports Corp                                                     | CUSIP: 55825T103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4281 | NS      | $784835.73    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Modine Manufacturing Co                   | Modine Manufacturing Co                                                               | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |     18870 | NS      | $374758.20    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Latham Group Inc                          | Latham Group Inc                                                                      | CUSIP: 51819L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22052 | NS      | $71007.44     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Synovus Financial Corp                    | Synovus Financial Corp                                                                | CUSIP: 87161C501<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EC               | CORP              | US        |     26892 | NS      | $1009794.60   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Dunelm Group PLC                          | Dunelm Group PLC                                                                      | CUSIP: 000000000<br>LEI: 213800WCOWEI3T5DUV19 | Long             | EC               | CORP              | GB        |     15355 | NS      | $182382.03    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| First Financial Bankshares Inc            | First Financial Bankshares Inc                                                        | CUSIP: 32020R109<br>LEI: 549300XN3GTGOENGNV49 | Long             | EC               | CORP              | US        |      3747 | NS      | $128896.80    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Hall Long Wale REIT               | Charter Hall Long Wale REIT                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |    138801 | NS      | $418924.43    | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Hanmi Semiconductor Co Ltd                | Hanmi Semiconductor Co Ltd                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     52825 | NS      | $486923.93    | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Vallourec SA                              | Vallourec SA                                                                          | CUSIP: 000000000<br>LEI: 969500P2Q1B47H4MCJ34 | Long             | EC               | CORP              | FR        |     45258 | NS      | $597214.55    | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Dalata Hotel Group PLC                    | Dalata Hotel Group PLC                                                                | CUSIP: 000000000<br>LEI: 635400L2CWET7ONOBJ04 | Long             | EC               | CORP              | IE        |    131685 | NS      | $461150.73    | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| iStar Inc                                 | iStar Inc                                                                             | CUSIP: 45031U101<br>LEI: QFFLKWYYS3UPWD86E794 | Long             | EC               |  | US        |     11413 | NS      | $87081.19     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Netcompany Group A/S                      | Netcompany Group A/S                                                                  | CUSIP: 000000000<br>LEI: 5299006DEGAWX1Z1X779 | Long             | EC               | CORP              | DK        |      4657 | NS      | $197882.54    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Physicians Realty Trust                   | Physicians Realty Trust                                                               | CUSIP: 71943U104<br>LEI: 549300ITOVH0OY7PZC34 | Long             | EC               |  | US        |     31322 | NS      | $453229.34    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| WNS Holdings Ltd                          | WNS Holdings Ltd                                                                      | CUSIP: 92932M101<br>LEI: 529900RM7QHUD3W9DM42 | Long             | EC               | CORP              | JE        |      7371 | NS      | $589606.29    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SouthState Corp                           | SouthState Corp                                                                       | CUSIP: 840441109<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |     12902 | NS      | $985196.72    | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Ratos AB                                  | Ratos AB                                                                              | CUSIP: 000000000<br>LEI: 2138008KECUUB9VR4798 | Long             | EC               | CORP              | SE        |     92763 | NS      | $369251.31    | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Kite Realty Group Trust                   | Kite Realty Group Trust                                                               | CUSIP: 49803T300<br>LEI: N/A                  | Long             | EC               |  | US        |     13858 | NS      | $291710.90    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| BML Inc                                   | BML Inc                                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      8200 | NS      | $208101.72    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Zions Bancorp NA                          | Zions Bancorp NA                                                                      | CUSIP: 989701107<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | EC               | CORP              | US        |     13196 | NS      | $648715.36    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Amneal Pharmaceuticals Inc                | Amneal Pharmaceuticals Inc                                                            | CUSIP: 03168L105<br>LEI: 549300VV176ZO5WQHZ61 | Long             | EC               | CORP              | US        |     66758 | NS      | $132848.42    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| DWS                                       | DWS Central Cash Management Government Fund                                           | CUSIP: 25160K306<br>LEI: 5493003GD84DGSXJ7618 | Long             | STIV             | RF                | US        |    753014 | NS      | $753013.50    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Sawai Group Holdings Co Ltd               | Sawai Group Holdings Co Ltd                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      8000 | NS      | $250023.28    | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Hersha Hospitality Trust                  | Hersha Hospitality Trust                                                              | CUSIP: 427825500<br>LEI: 549300DNC58BIN1VO064 | Long             | EC               |  | US        |     19119 | NS      | $162893.88    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Sana Biotechnology Inc                    | Sana Biotechnology Inc                                                                | CUSIP: 799566104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     73871 | NS      | $291790.45    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Nickel Industries Ltd                     | Nickel Industries Ltd                                                                 | CUSIP: 000000000<br>LEI: 54930007K0WX53TSIK16 | Long             | EC               | CORP              | AU        |    547184 | NS      | $361951.99    | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Benchmark Electronics Inc                 | Benchmark Electronics Inc                                                             | CUSIP: 08160H101<br>LEI: 549300W18RHYZOZKOP53 | Long             | EC               | CORP              | US        |     21999 | NS      | $587153.31    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Precision BioSciences Inc                 | Precision BioSciences Inc                                                             | CUSIP: 74019P108<br>LEI: 549300I5QGRS3BLHZH41 | Long             | EC               | CORP              | US        |     32690 | NS      | $38901.10     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokmanni Group Corp                       | Tokmanni Group Corp                                                                   | CUSIP: 000000000<br>LEI: 743700VMG6KWF0FW1560 | Long             | EC               | CORP              | FI        |     23746 | NS      | $287930.36    | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Popular Inc                               | Popular Inc                                                                           | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |      6268 | NS      | $415693.76    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Hudson Pacific Properties Inc             | Hudson Pacific Properties Inc                                                         | CUSIP: 444097109<br>LEI: N/A                  | Long             | EC               |  | US        |      8626 | NS      | $83930.98     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Liontown Resources Ltd                    | Liontown Resources Ltd                                                                | CUSIP: 000000000<br>LEI: 529900LT0V2IEL7WZY56 | Long             | EC               | CORP              | AU        |    413394 | NS      | $371769.26    | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Syrah Resources Ltd                       | Syrah Resources Ltd                                                                   | CUSIP: 000000000<br>LEI: 254900ZS2VP83B6L6Y30 | Long             | EC               | CORP              | AU        |    190254 | NS      | $267394.37    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Optorun Co Ltd                            | Optorun Co Ltd                                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     23300 | NS      | $393390.01    | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Rush Enterprises Inc                      | Rush Enterprises Inc                                                                  | CUSIP: 781846209<br>LEI: 529900V3XHTN7A6DFT17 | Long             | EC               | CORP              | US        |     26568 | NS      | $1389001.18   | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| SJW Group                                 | SJW Group                                                                             | CUSIP: 784305104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1936 | NS      | $157183.84    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumentum Holdings Inc                     | Lumentum Holdings Inc                                                                 | CUSIP: 55024U109<br>LEI: 549300JLWRRC38DWEF52 | Long             | EC               | CORP              | US        |      8892 | NS      | $463895.64    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| CommScope Holding Co Inc                  | CommScope Holding Co Inc                                                              | CUSIP: 20337X109<br>LEI: 254900AW4CEPCQWSRI58 | Long             | EC               | CORP              | US        |     38275 | NS      | $281321.25    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Hillenbrand Inc                           | Hillenbrand Inc                                                                       | CUSIP: 431571108<br>LEI: U246OE781574J2BUD366 | Long             | EC               | CORP              | US        |     15054 | NS      | $642354.18    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Bridgebio Pharma Inc                      | Bridgebio Pharma Inc                                                                  | CUSIP: 10806X102<br>LEI: 54930028YG89VTY2J114 | Long             | EC               | CORP              | US        |     51560 | NS      | $392887.20    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| TechnipFMC PLC                            | TechnipFMC PLC                                                                        | CUSIP: 000000000<br>LEI: 549300D5I93QWCJTCK36 | Long             | EC               | CORP              | GB        |     53114 | NS      | $647459.66    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Saga PLC                                  | Saga PLC                                                                              | CUSIP: 000000000<br>LEI: 2138004WWUJN94K2LH95 | Long             | EC               | CORP              | GB        |    112553 | NS      | $169335.96    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Ducommun Inc                              | Ducommun Inc                                                                          | CUSIP: 264147109<br>LEI: 549300Z71HMWF90S2214 | Long             | EC               | CORP              | US        |     15058 | NS      | $752297.68    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Julius Baer Group Ltd                     | Julius Baer Group Ltd                                                                 | CUSIP: 000000000<br>LEI: 5299007MF0604ZGJER92 | Long             | EC               | CORP              | CH        |     10248 | NS      | $599463.27    | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Spectrum Brands Holdings Inc              | Spectrum Brands Holdings Inc                                                          | CUSIP: 84790A105<br>LEI: 549300JM0MJETDD30O20 | Long             | EC               | CORP              | US        |      5246 | NS      | $319586.32    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| YETI Holdings Inc                         | YETI Holdings Inc                                                                     | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |     15473 | NS      | $639189.63    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Domino's Pizza Group PLC                  | Domino's Pizza Group PLC                                                              | CUSIP: 000000000<br>LEI: 213800Q6ZKHAOV48JL75 | Long             | EC               | CORP              | GB        |     75744 | NS      | $270265.93    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| RPT Realty                                | RPT Realty                                                                            | CUSIP: 74971D101<br>LEI: 549300T03GDH1L37S188 | Long             | EC               |  | US        |     22406 | NS      | $224956.24    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Benefitfocus Inc                          | Benefitfocus Inc                                                                      | CUSIP: 08180D106<br>LEI: 254900W89KP1OS3RXO89 | Long             | EC               | CORP              | US        |     29983 | NS      | $313622.18    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Chord Energy Corp                         | Chord Energy Corp                                                                     | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |      2243 | NS      | $306840.61    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Hospitality REIT Inc                | Apple Hospitality REIT Inc                                                            | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               |  | US        |     18390 | NS      | $290194.20    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Morrison Home Corp                 | Taylor Morrison Home Corp                                                             | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |     22596 | NS      | $685788.60    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Molina Healthcare Inc                     | Molina Healthcare Inc                                                                 | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Long             | EC               | CORP              | US        |      4251 | NS      | $1403765.22   | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| ArcBest Corp                              | ArcBest Corp                                                                          | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               | CORP              | US        |      5372 | NS      | $376254.88    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Alten SA                                  | Alten SA                                                                              | CUSIP: 000000000<br>LEI: 969500Y7G9TY7Y24GN07 | Long             | EC               | CORP              | FR        |      5354 | NS      | $672834.61    | 1.15%             |  |  |  | No            |                  2 | On Loan: No      |
| National Storage Affiliates Trust         | National Storage Affiliates Trust                                                     | CUSIP: 637870106<br>LEI: N/A                  | Long             | EC               |  | US        |      6765 | NS      | $244351.80    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Fulgent Genetics Inc                      | Fulgent Genetics Inc                                                                  | CUSIP: 359664109<br>LEI: 549300CL6P01M68QJ404 | Long             | EC               | CORP              | US        |      3269 | NS      | $97350.82     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Softcat PLC                               | Softcat PLC                                                                           | CUSIP: 000000000<br>LEI: 213800N42YZLR9GLVC42 | Long             | EC               | CORP              | GB        |     23762 | NS      | $342453.99    | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| WEX Inc                                   | WEX Inc                                                                               | CUSIP: 96208T104<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | EC               | CORP              | US        |      2250 | NS      | $368212.50    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Moncler SpA                               | Moncler SpA                                                                           | CUSIP: 000000000<br>LEI: 815600EBD7FB00525B20 | Long             | EC               | CORP              | IT        |     10216 | NS      | $543929.06    | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| Television Francaise 1                    | Television Francaise 1                                                                | CUSIP: 000000000<br>LEI: 969500WQFC6OAQYG7E65 | Long             | EC               | CORP              | FR        |     22899 | NS      | $176010.36    | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Option Care Health Inc                    | Option Care Health Inc                                                                | CUSIP: 68404L201<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | EC               | CORP              | US        |     25050 | NS      | $753754.50    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Delek US Holdings Inc                     | Delek US Holdings Inc                                                                 | CUSIP: 24665A103<br>LEI: 5493003O53JMENV1N385 | Long             | EC               | CORP              | US        |     25830 | NS      | $697410.00    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ElectraMeccanica Vehicles Corp            | ElectraMeccanica Vehicles Corp                                                        | CUSIP: 284849205<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    251460 | NS      | $151806.40    | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Kronos Bio Inc                            | Kronos Bio Inc                                                                        | CUSIP: 50107A104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27827 | NS      | $45079.74     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| B&M European Value Retail SA              | B&M European Value Retail SA                                                          | CUSIP: 000000000<br>LEI: 213800UK7ZRLY2K1X530 | Long             | EC               | CORP              | LU        |    103178 | NS      | $514827.24    | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Envestnet Inc                             | Envestnet Inc                                                                         | CUSIP: 29404K106<br>LEI: 549300HLWZ5OKIDM8737 | Long             | EC               | CORP              | US        |      9753 | NS      | $601760.10    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Orora Ltd                                 | Orora Ltd                                                                             | CUSIP: 000000000<br>LEI: 549300WFEQJK35VDF789 | Long             | EC               | CORP              | AU        |    254228 | NS      | $500486.02    | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| AIXTRON SE                                | AIXTRON SE                                                                            | CUSIP: 000000000<br>LEI: 5299004UJ4D51M25LD67 | Long             | EC               | CORP              | DE        |     31678 | NS      | $919697.09    | 1.58%             |  |  |  | No            |                  2 | On Loan: No      |
| United Internet AG                        | United Internet AG                                                                    | CUSIP: 000000000<br>LEI: 3VEKWPJHTD4NKMBVG947 | Long             | EC               | CORP              | DE        |     16891 | NS      | $341784.36    | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| JTOWER Inc                                | JTOWER Inc                                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      5000 | NS      | $226605.32    | 0.39%             |  |  |  | No            |                  2 | On Loan: —       |
| Clarkson PLC                              | Clarkson PLC                                                                          | CUSIP: 000000000<br>LEI: 2138007G6BGTEHI3OT22 | Long             | EC               | CORP              | GB        |      8068 | NS      | $314466.70    | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| comScore Inc                              | comScore Inc                                                                          | CUSIP: 20564W105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    112268 | NS      | $130230.88    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Armada Hoffler Properties Inc             | Armada Hoffler Properties Inc                                                         | CUSIP: 04208T108<br>LEI: 549300WQRSIV6XZT9313 | Long             | EC               |  | US        |     16258 | NS      | $186967.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Dometic Group AB                          | Dometic Group AB                                                                      | CUSIP: 000000000<br>LEI: 549300STIPMK5VSA7Y59 | Long             | EC               | CORP              | SE        |     22831 | NS      | $147486.45    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| EastGroup Properties Inc                  | EastGroup Properties Inc                                                              | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               |  | US        |      4344 | NS      | $643172.64    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Outset Medical Inc                        | Outset Medical Inc                                                                    | CUSIP: 690145107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6399 | NS      | $165222.18    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Zenkoku Hosho Co Ltd                      | Zenkoku Hosho Co Ltd                                                                  | CUSIP: 000000000<br>LEI: 353800VOQEKTSCSL9O03 | Long             | EC               | CORP              | JP        |      9800 | NS      | $375399.60    | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Builders FirstSource Inc                  | Builders FirstSource Inc                                                              | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |     18860 | NS      | $1223636.80   | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Jefferies Financial Group Inc             | Jefferies Financial Group Inc                                                         | CUSIP: 47233W109<br>LEI: 549300HOF34RGOJ5YL07 | Long             | EC               | CORP              | US        |     33714 | NS      | $1155715.92   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| SkyWest Inc                               | SkyWest Inc                                                                           | CUSIP: 830879102<br>LEI: 529900UYS2KGS6Z42P09 | Long             | EC               | CORP              | US        |     17855 | NS      | $294786.05    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Drax Group PLC                            | Drax Group PLC                                                                        | CUSIP: 000000000<br>LEI: 549300YPSNTXR4ZHSR98 | Long             | EC               | CORP              | GB        |     78506 | NS      | $667072.65    | 1.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Alcoa Corp                                | Alcoa Corp                                                                            | CUSIP: 013872106<br>LEI: 549300T12EZ1F6PWWU29 | Long             | EC               | CORP              | US        |     14513 | NS      | $659906.11    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Nano Products Co Ltd             | Advanced Nano Products Co Ltd                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      5799 | NS      | $356652.38    | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Siegfried Holding AG                      | Siegfried Holding AG                                                                  | CUSIP: 000000000<br>LEI: 506700J9QD6IF3937W06 | Long             | EC               | CORP              | CH        |       865 | NS      | $575647.21    | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Genus PLC                                 | Genus PLC                                                                             | CUSIP: 000000000<br>LEI: 54930022EOITNKSIGH56 | Long             | EC               | CORP              | GB        |      4666 | NS      | $167671.49    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Computacenter PLC                         | Computacenter PLC                                                                     | CUSIP: 000000000<br>LEI: 549300XSXUZ1I19DB105 | Long             | EC               | CORP              | GB        |     22530 | NS      | $521775.21    | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Five9 Inc                                 | Five9 Inc                                                                             | CUSIP: 338307101<br>LEI: 254900MXP6EWY0SFFR59 | Long             | EC               | CORP              | US        |      4371 | NS      | $296616.06    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| CNX Resources Corp                        | CNX Resources Corp                                                                    | CUSIP: 12653C108<br>LEI: 549300JK3KH8PWM3B226 | Long             | EC               | CORP              | US        |     25108 | NS      | $422818.72    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Paper Industries Co Ltd            | Nippon Paper Industries Co Ltd                                                        | CUSIP: 000000000<br>LEI: 3538007UWR5N9X8B8S30 | Long             | EC               | CORP              | JP        |     68600 | NS      | $507387.25    | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Atkore Inc                                | Atkore Inc                                                                            | CUSIP: 047649108<br>LEI: 52990002TI38AM4RPV48 | Long             | EC               | CORP              | US        |      4862 | NS      | $551448.04    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| TopBuild Corp                             | TopBuild Corp                                                                         | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               | CORP              | US        |      5763 | NS      | $901851.87    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| SpartanNash Co                            | SpartanNash Co                                                                        | CUSIP: 847215100<br>LEI: 549300TV3QCCSQLF5X16 | Long             | EC               | CORP              | US        |      9047 | NS      | $273581.28    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-27

**Name of Applicant:** DEUTSCHE DWS VARIABLE SERIES I

**Signature:** Diane Kenneally

**Name of Signer:** Diane Kenneally

**Title:** Treasurer and Chief Financial Officer