# EDGAR Filing Document

**Accession Number:** 0000815425
**File Stem:** 0001193125-25-298477
**Filing Date:** 2025-11
**Character Count:** 105858
**Document Hash:** 5c090773e49d77c86dfba18fe5c65c82
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-298477.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0001193125-25-298477

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COLUMBIA FUNDS VARIABLE INSURANCE TRUST
- **CENTRAL INDEX KEY:** 0000815425

**ORGANIZATION NAME:**
- **EIN:** 043031721
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05199
- **FILM NUMBER:** 251524050

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

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** STEINROE VARIABLE INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** STEINROE VARIABLE INVESTMENT FUND
- **DATE OF NAME CHANGE:** 19890327

## Series and Classes Contracts Data

### Columbia Variable Portfolio - Long Government/Credit Bond Fund (Series ID: S000040388)

| Class ID   | Class Name                                                             | Ticker Symbol   |
|:---|:---|:---|
| C000125446 | Columbia Variable Portfolio - Long Government/Credit Bond Fund Class 1 |  |
| C000125447 | Columbia Variable Portfolio - Long Government/Credit Bond Fund Class 2 |  |

## Nport-Ex

![](img4314695c1.jpg)

Columbia Variable Portfolio – Long Government/Credit Bond Fund

**Third Quarter Report**

September 30, 2025 (Unaudited)

Please remember that you may not buy (nor will you own) shares of the Fund directly. The Fund is available through variable annuity contracts and variable life insurance policies offered by the separate accounts of participating insurance companies as well as qualified pension and retirement plans. Please contact your financial advisor or insurance representative for more information.

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

---

| | | |
|:---|:---|:---|
| **Not FDIC or NCUA Insured** | **No Financial Institution Guarantee** | **May Lose Value** |

---

------

Portfolio of Investments

Columbia Variable Portfolio – Long Government/Credit Bond Fund, September 30, 2025 (Unaudited)

(Percentages represent value of investments compared to net assets)

**Investments in securities**

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

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

---

| | | | |
|:---|:---|:---|:---|
| **Asset-Backed Securities - Agency 1.3%** | **Asset-Backed Securities - Agency 1.3%** | **Asset-Backed Securities - Agency 1.3%** | **Asset-Backed Securities - Agency 1.3%** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| United States Small Business Administration | United States Small Business Administration | United States Small Business Administration | United States Small Business Administration |
| Series 2016-20L Class 1 | Series 2016-20L Class 1 | Series 2016-20L Class 1 | Series 2016-20L Class 1 |
| 12/01/2036 | &nbsp;&nbsp; 2.810% | 1405465 | &nbsp;&nbsp; 1318853 |
| Series 2017-20E Class 1 | Series 2017-20E Class 1 | Series 2017-20E Class 1 | Series 2017-20E Class 1 |
| 05/01/2037 | &nbsp;&nbsp; 2.880% | 109926 | &nbsp;&nbsp; 103345 |
| Series 2017-20F Class 1 | Series 2017-20F Class 1 | Series 2017-20F Class 1 | Series 2017-20F Class 1 |
| 06/01/2037 | &nbsp;&nbsp; 2.810% | 991887 | &nbsp;&nbsp; 926657 |
| Series 2017-20G Class 1 | Series 2017-20G Class 1 | Series 2017-20G Class 1 | Series 2017-20G Class 1 |
| 07/01/2037 | &nbsp;&nbsp; 2.980% | 843278 | &nbsp;&nbsp; 791944 |
| Series 2017-20H Class 1 | Series 2017-20H Class 1 | Series 2017-20H Class 1 | Series 2017-20H Class 1 |
| 08/01/2037 | &nbsp;&nbsp; 2.750% | 716528 | &nbsp;&nbsp; 666803 |
| Series 2017-20I Class 1 | Series 2017-20I Class 1 | Series 2017-20I Class 1 | Series 2017-20I Class 1 |
| 09/01/2037 | &nbsp;&nbsp; 2.590% | 1192499 | &nbsp;&nbsp; 1101069 |
| &nbsp;&nbsp; Total Asset-Backed Securities — Agency <br>(Cost $5,259,583) | &nbsp;&nbsp; Total Asset-Backed Securities — Agency <br>(Cost $5,259,583) | &nbsp;&nbsp; Total Asset-Backed Securities — Agency <br>(Cost $5,259,583) | &nbsp;&nbsp; **4908671** |
| **Corporate Bonds & Notes 46.7%** | **Corporate Bonds & Notes 46.7%** | **Corporate Bonds & Notes 46.7%** | **Corporate Bonds & Notes 46.7%** |
| **Aerospace & Defense 3.7%** | **Aerospace & Defense 3.7%** | **Aerospace & Defense 3.7%** | **Aerospace & Defense 3.7%** |
| BAE Systems PLC<sup>(a)</sup>  | BAE Systems PLC<sup>(a)</sup>  | BAE Systems PLC<sup>(a)</sup>  | BAE Systems PLC<sup>(a)</sup>  |
| 03/26/2034 | &nbsp;&nbsp; 5.300% | 3699000 | &nbsp;&nbsp; 3833570 |
| Boeing Co. (The) | Boeing Co. (The) | Boeing Co. (The) | Boeing Co. (The) |
| 08/01/2059 | &nbsp;&nbsp; 3.950% | 3124000 | &nbsp;&nbsp; 2243086 |
| L3Harris Technologies, Inc. | L3Harris Technologies, Inc. | L3Harris Technologies, Inc. | L3Harris Technologies, Inc. |
| 06/01/2034 | &nbsp;&nbsp; 5.350% | 1183000 | &nbsp;&nbsp; 1224753 |
| Lockheed Martin Corp. | Lockheed Martin Corp. | Lockheed Martin Corp. | Lockheed Martin Corp. |
| 02/15/2055 | &nbsp;&nbsp; 5.200% | 810000 | &nbsp;&nbsp; 778509 |
| Northrop Grumman Corp. | Northrop Grumman Corp. | Northrop Grumman Corp. | Northrop Grumman Corp. |
| 10/15/2047 | &nbsp;&nbsp; 4.030% | 2810000 | &nbsp;&nbsp; 2291456 |
| United Technologies Corp. | United Technologies Corp. | United Technologies Corp. | United Technologies Corp. |
| 07/15/2038 | &nbsp;&nbsp; 6.125% | 3430000 | &nbsp;&nbsp; 3755737 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **14127111** |
| **Banking 5.5%** | **Banking 5.5%** | **Banking 5.5%** | **Banking 5.5%** |
| Bank of America Corp.<sup>(b)</sup>  | Bank of America Corp.<sup>(b)</sup>  | Bank of America Corp.<sup>(b)</sup>  | Bank of America Corp.<sup>(b)</sup>  |
| 03/20/2051 | &nbsp;&nbsp; 4.083% | 4455000 | &nbsp;&nbsp; 3625985 |
| Barclays PLC<sup>(b)</sup>  | Barclays PLC<sup>(b)</sup>  | Barclays PLC<sup>(b)</sup>  | Barclays PLC<sup>(b)</sup>  |
| 08/11/2046 | &nbsp;&nbsp; 5.860% | 700000 | &nbsp;&nbsp; 719167 |
| Citigroup, Inc. | Citigroup, Inc. | Citigroup, Inc. | Citigroup, Inc. |
| 07/23/2048 | &nbsp;&nbsp; 4.650% | 1855000 | &nbsp;&nbsp; 1655547 |
| Goldman Sachs Group, Inc. (The)<sup>(b)</sup>  | Goldman Sachs Group, Inc. (The)<sup>(b)</sup>  | Goldman Sachs Group, Inc. (The)<sup>(b)</sup>  | Goldman Sachs Group, Inc. (The)<sup>(b)</sup>  |
| 01/28/2056 | &nbsp;&nbsp; 5.734% | 2460000 | &nbsp;&nbsp; 2551491 |
| HSBC Holdings PLC<sup>(b)</sup>  | HSBC Holdings PLC<sup>(b)</sup>  | HSBC Holdings PLC<sup>(b)</sup>  | HSBC Holdings PLC<sup>(b)</sup>  |
| 05/13/2036 | &nbsp;&nbsp; 5.790% | 1051000 | &nbsp;&nbsp; 1107719 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Subordinated | Subordinated | Subordinated | Subordinated |
| 09/10/2036 | &nbsp;&nbsp; 5.741% | 555000 | &nbsp;&nbsp; 565223 |
| JPMorgan Chase & Co.<sup>(b)</sup>  | JPMorgan Chase & Co.<sup>(b)</sup>  | JPMorgan Chase & Co.<sup>(b)</sup>  | JPMorgan Chase & Co.<sup>(b)</sup>  |
| 11/15/2048 | &nbsp;&nbsp; 3.964% | 4645000 | &nbsp;&nbsp; 3796021 |
| Morgan Stanley<sup>(b)</sup>  | Morgan Stanley<sup>(b)</sup>  | Morgan Stanley<sup>(b)</sup>  | Morgan Stanley<sup>(b)</sup>  |
| 04/17/2036 | &nbsp;&nbsp; 5.664% | 4316000 | &nbsp;&nbsp; 4554106 |
| Wells Fargo & Co.<sup>(b)</sup>  | Wells Fargo & Co.<sup>(b)</sup>  | Wells Fargo & Co.<sup>(b)</sup>  | Wells Fargo & Co.<sup>(b)</sup>  |
| 04/04/2051 | &nbsp;&nbsp; 5.013% | 2225000 | &nbsp;&nbsp; 2079337 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **20654596** |
| **Building Materials 0.1%** | **Building Materials 0.1%** | **Building Materials 0.1%** | **Building Materials 0.1%** |
| JH North America Holdings, Inc.<sup>(a)</sup>  | JH North America Holdings, Inc.<sup>(a)</sup>  | JH North America Holdings, Inc.<sup>(a)</sup>  | JH North America Holdings, Inc.<sup>(a)</sup>  |
| 07/31/2032 | &nbsp;&nbsp; 6.125% | 398000 | &nbsp;&nbsp; 407808 |
| **Cable and Satellite 1.7%** | **Cable and Satellite 1.7%** | **Cable and Satellite 1.7%** | **Cable and Satellite 1.7%** |
| Charter Communications Operating LLC/Capital | Charter Communications Operating LLC/Capital | Charter Communications Operating LLC/Capital | Charter Communications Operating LLC/Capital |
| 05/01/2047 | &nbsp;&nbsp; 5.375% | 3765000 | &nbsp;&nbsp; 3251484 |
| Comcast Corp. | Comcast Corp. | Comcast Corp. | Comcast Corp. |
| 11/01/2056 | &nbsp;&nbsp; 2.937% | 5400000 | &nbsp;&nbsp; 3201936 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **6453420** |
| **Chemicals 0.4%** | **Chemicals 0.4%** | **Chemicals 0.4%** | **Chemicals 0.4%** |
| Dow Chemical Co. (The) | Dow Chemical Co. (The) | Dow Chemical Co. (The) | Dow Chemical Co. (The) |
| 03/15/2055 | &nbsp;&nbsp; 5.950% | 480000 | &nbsp;&nbsp; 456293 |
| LYB International Finance III LLC | LYB International Finance III LLC | LYB International Finance III LLC | LYB International Finance III LLC |
| 04/01/2051 | &nbsp;&nbsp; 3.625% | 1475000 | &nbsp;&nbsp; 986464 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **1442757** |
| **Construction Machinery 0.6%** | **Construction Machinery 0.6%** | **Construction Machinery 0.6%** | **Construction Machinery 0.6%** |
| Caterpillar, Inc. | Caterpillar, Inc. | Caterpillar, Inc. | Caterpillar, Inc. |
| 05/15/2035 | &nbsp;&nbsp; 5.200% | 1306000 | &nbsp;&nbsp; 1351573 |
| United Rentals North America, Inc. | United Rentals North America, Inc. | United Rentals North America, Inc. | United Rentals North America, Inc. |
| 02/15/2031 | &nbsp;&nbsp; 3.875% | 1010000 | &nbsp;&nbsp; 955221 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **2306794** |
| **Diversified Manufacturing 0.6%** | **Diversified Manufacturing 0.6%** | **Diversified Manufacturing 0.6%** | **Diversified Manufacturing 0.6%** |
| Carrier Global Corp. | Carrier Global Corp. | Carrier Global Corp. | Carrier Global Corp. |
| 04/05/2040 | &nbsp;&nbsp; 3.377% | 1590000 | &nbsp;&nbsp; 1283562 |
| Siemens Funding BV<sup>(a)</sup>  | Siemens Funding BV<sup>(a)</sup>  | Siemens Funding BV<sup>(a)</sup>  | Siemens Funding BV<sup>(a)</sup>  |
| 05/28/2035 | &nbsp;&nbsp; 5.200% | 958000 | &nbsp;&nbsp; 993520 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **2277082** |
| **Electric 6.6%** | **Electric 6.6%** | **Electric 6.6%** | **Electric 6.6%** |
| AEP Texas, Inc. | AEP Texas, Inc. | AEP Texas, Inc. | AEP Texas, Inc. |
| 01/15/2050 | &nbsp;&nbsp; 3.450% | 2900000 | &nbsp;&nbsp; 2015697 |
| 05/15/2051 | &nbsp;&nbsp; 3.450% | 750000 | &nbsp;&nbsp; 515710 |

---

Columbia Variable Portfolio – Long Government/Credit Bond Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Long Government/Credit Bond Fund, September 30, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Consolidated Edison Co. of New York, Inc. | Consolidated Edison Co. of New York, Inc. | Consolidated Edison Co. of New York, Inc. | Consolidated Edison Co. of New York, Inc. |
| 03/15/2055 | &nbsp;&nbsp; 5.500% | 1820000 | &nbsp;&nbsp; 1802681 |
| Duke Energy Indiana LLC | Duke Energy Indiana LLC | Duke Energy Indiana LLC | Duke Energy Indiana LLC |
| 04/01/2050 | &nbsp;&nbsp; 2.750% | 1545000 | &nbsp;&nbsp; 980197 |
| 04/01/2053 | &nbsp;&nbsp; 5.400% | 2288000 | &nbsp;&nbsp; 2234390 |
| Entergy Louisiana LLC | Entergy Louisiana LLC | Entergy Louisiana LLC | Entergy Louisiana LLC |
| 03/15/2055 | &nbsp;&nbsp; 5.800% | 850000 | &nbsp;&nbsp; 871901 |
| Eversource Energy | Eversource Energy | Eversource Energy | Eversource Energy |
| 07/15/2034 | &nbsp;&nbsp; 5.950% | 1290000 | &nbsp;&nbsp; 1369269 |
| Exelon Corp. | Exelon Corp. | Exelon Corp. | Exelon Corp. |
| 03/15/2052 | &nbsp;&nbsp; 4.100% | 4674000 | &nbsp;&nbsp; 3651367 |
| FirstEnergy Corp. | FirstEnergy Corp. | FirstEnergy Corp. | FirstEnergy Corp. |
| 03/01/2050 | &nbsp;&nbsp; 3.400% | 1310000 | &nbsp;&nbsp; 912843 |
| Jersey Central Power & Light Co. | Jersey Central Power & Light Co. | Jersey Central Power & Light Co. | Jersey Central Power & Light Co. |
| 01/15/2035 | &nbsp;&nbsp; 5.100% | 1072000 | &nbsp;&nbsp; 1086960 |
| MidAmerican Energy Co. | MidAmerican Energy Co. | MidAmerican Energy Co. | MidAmerican Energy Co. |
| 02/01/2055 | &nbsp;&nbsp; 5.300% | 560000 | &nbsp;&nbsp; 545076 |
| NextEra Energy Capital Holdings, Inc. | NextEra Energy Capital Holdings, Inc. | NextEra Energy Capital Holdings, Inc. | NextEra Energy Capital Holdings, Inc. |
| 03/15/2035 | &nbsp;&nbsp; 5.450% | 3124000 | &nbsp;&nbsp; 3230454 |
| Oncor Electric Delivery Co. LLC | Oncor Electric Delivery Co. LLC | Oncor Electric Delivery Co. LLC | Oncor Electric Delivery Co. LLC |
| 06/15/2054 | &nbsp;&nbsp; 5.550% | 787000 | &nbsp;&nbsp; 783487 |
| Pacific Gas and Electric Co. | Pacific Gas and Electric Co. | Pacific Gas and Electric Co. | Pacific Gas and Electric Co. |
| 07/01/2050 | &nbsp;&nbsp; 4.950% | 1905000 | &nbsp;&nbsp; 1641209 |
| Virginia Electric and Power Co. | Virginia Electric and Power Co. | Virginia Electric and Power Co. | Virginia Electric and Power Co. |
| 04/01/2053 | &nbsp;&nbsp; 5.450% | 2043000 | &nbsp;&nbsp; 1993414 |
| Xcel Energy, Inc. | Xcel Energy, Inc. | Xcel Energy, Inc. | Xcel Energy, Inc. |
| 12/01/2049 | &nbsp;&nbsp; 3.500% | 2027000 | &nbsp;&nbsp; 1453858 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **25088513** |
| **Food and Beverage 2.5%** | **Food and Beverage 2.5%** | **Food and Beverage 2.5%** | **Food and Beverage 2.5%** |
| Anheuser-Busch Companies LLC/InBev Worldwide, Inc. | Anheuser-Busch Companies LLC/InBev Worldwide, Inc. | Anheuser-Busch Companies LLC/InBev Worldwide, Inc. | Anheuser-Busch Companies LLC/InBev Worldwide, Inc. |
| 02/01/2046 | &nbsp;&nbsp; 4.900% | 1989000 | &nbsp;&nbsp; 1861641 |
| Bacardi Ltd.<sup>(a)</sup>  | Bacardi Ltd.<sup>(a)</sup>  | Bacardi Ltd.<sup>(a)</sup>  | Bacardi Ltd.<sup>(a)</sup>  |
| 05/15/2038 | &nbsp;&nbsp; 5.150% | 4711000 | &nbsp;&nbsp; 4453880 |
| Campbell Soup Co. | Campbell Soup Co. | Campbell Soup Co. | Campbell Soup Co. |
| 04/24/2050 | &nbsp;&nbsp; 3.125% | 708000 | &nbsp;&nbsp; 466613 |
| Conagra Brands, Inc. | Conagra Brands, Inc. | Conagra Brands, Inc. | Conagra Brands, Inc. |
| 11/01/2048 | &nbsp;&nbsp; 5.400% | 490000 | &nbsp;&nbsp; 447896 |
| Keurig Dr Pepper, Inc. | Keurig Dr Pepper, Inc. | Keurig Dr Pepper, Inc. | Keurig Dr Pepper, Inc. |
| 04/15/2052 | &nbsp;&nbsp; 4.500% | 185000 | &nbsp;&nbsp; 149244 |
| Kraft Heinz Foods Co. | Kraft Heinz Foods Co. | Kraft Heinz Foods Co. | Kraft Heinz Foods Co. |
| 06/01/2046 | &nbsp;&nbsp; 4.375% | 2125000 | &nbsp;&nbsp; 1767925 |
| Tyson Foods, Inc. | Tyson Foods, Inc. | Tyson Foods, Inc. | Tyson Foods, Inc. |
| 09/28/2048 | &nbsp;&nbsp; 5.100% | 530000 | &nbsp;&nbsp; 490079 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **9637278** |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| **Health Care 2.0%** | **Health Care 2.0%** | **Health Care 2.0%** | **Health Care 2.0%** |
| Becton Dickinson & Co. | Becton Dickinson & Co. | Becton Dickinson & Co. | Becton Dickinson & Co. |
| 02/08/2034 | &nbsp;&nbsp; 5.110% | 920000 | &nbsp;&nbsp; 939424 |
| Cigna Corp. | Cigna Corp. | Cigna Corp. | Cigna Corp. |
| 03/15/2050 | &nbsp;&nbsp; 3.400% | 1529000 | &nbsp;&nbsp; 1073827 |
| CVS Health Corp. | CVS Health Corp. | CVS Health Corp. | CVS Health Corp. |
| 07/20/2045 | &nbsp;&nbsp; 5.125% | 2738000 | &nbsp;&nbsp; 2484162 |
| GE HealthCare Technologies, Inc. | GE HealthCare Technologies, Inc. | GE HealthCare Technologies, Inc. | GE HealthCare Technologies, Inc. |
| 06/15/2035 | &nbsp;&nbsp; 5.500% | 104000 | &nbsp;&nbsp; 107777 |
| HCA, Inc. | HCA, Inc. | HCA, Inc. | HCA, Inc. |
| 03/15/2052 | &nbsp;&nbsp; 4.625% | 2492000 | &nbsp;&nbsp; 2056604 |
| New York and Presbyterian Hospital (The) | New York and Presbyterian Hospital (The) | New York and Presbyterian Hospital (The) | New York and Presbyterian Hospital (The) |
| 08/01/2036 | &nbsp;&nbsp; 3.563% | 850000 | &nbsp;&nbsp; 752916 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **7414710** |
| **Healthcare Insurance 1.0%** | **Healthcare Insurance 1.0%** | **Healthcare Insurance 1.0%** | **Healthcare Insurance 1.0%** |
| UnitedHealth Group, Inc. | UnitedHealth Group, Inc. | UnitedHealth Group, Inc. | UnitedHealth Group, Inc. |
| 04/15/2054 | &nbsp;&nbsp; 5.375% | 3901000 | &nbsp;&nbsp; 3740459 |
| **Independent Energy 1.5%** | **Independent Energy 1.5%** | **Independent Energy 1.5%** | **Independent Energy 1.5%** |
| APA Corp. | APA Corp. | APA Corp. | APA Corp. |
| 02/15/2055 | &nbsp;&nbsp; 6.750% | 911000 | &nbsp;&nbsp; 918723 |
| Canadian Natural Resources Ltd. | Canadian Natural Resources Ltd. | Canadian Natural Resources Ltd. | Canadian Natural Resources Ltd. |
| 02/15/2037 | &nbsp;&nbsp; 6.500% | 635000 | &nbsp;&nbsp; 691221 |
| Diamondback Energy, Inc. | Diamondback Energy, Inc. | Diamondback Energy, Inc. | Diamondback Energy, Inc. |
| 04/18/2064 | &nbsp;&nbsp; 5.900% | 1087000 | &nbsp;&nbsp; 1046943 |
| Occidental Petroleum Corp. | Occidental Petroleum Corp. | Occidental Petroleum Corp. | Occidental Petroleum Corp. |
| 10/01/2054 | &nbsp;&nbsp; 6.050% | 1849000 | &nbsp;&nbsp; 1803818 |
| Woodside Finance Ltd. | Woodside Finance Ltd. | Woodside Finance Ltd. | Woodside Finance Ltd. |
| 05/19/2035 | &nbsp;&nbsp; 6.000% | 995000 | &nbsp;&nbsp; 1038567 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **5499272** |
| **Integrated Energy 1.0%** | **Integrated Energy 1.0%** | **Integrated Energy 1.0%** | **Integrated Energy 1.0%** |
| BP Capital Markets America, Inc. | BP Capital Markets America, Inc. | BP Capital Markets America, Inc. | BP Capital Markets America, Inc. |
| 03/17/2052 | &nbsp;&nbsp; 3.001% | 2436000 | &nbsp;&nbsp; 1585850 |
| Cenovus Energy, Inc. | Cenovus Energy, Inc. | Cenovus Energy, Inc. | Cenovus Energy, Inc. |
| 02/15/2052 | &nbsp;&nbsp; 3.750% | 1258000 | &nbsp;&nbsp; 893478 |
| TotalEnergies Capital SA | TotalEnergies Capital SA | TotalEnergies Capital SA | TotalEnergies Capital SA |
| 04/05/2064 | &nbsp;&nbsp; 5.638% | 1453000 | &nbsp;&nbsp; 1453130 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **3932458** |
| **Life Insurance 1.4%** | **Life Insurance 1.4%** | **Life Insurance 1.4%** | **Life Insurance 1.4%** |
| New York Life Insurance Co.<sup>(a)</sup>  | New York Life Insurance Co.<sup>(a)</sup>  | New York Life Insurance Co.<sup>(a)</sup>  | New York Life Insurance Co.<sup>(a)</sup>  |
| Subordinated | Subordinated | Subordinated | Subordinated |
| 05/15/2050 | &nbsp;&nbsp; 3.750% | 2430000 | &nbsp;&nbsp; 1836647 |
| Northwestern Mutual Life Insurance Co. (The)<sup>(a)</sup>  | Northwestern Mutual Life Insurance Co. (The)<sup>(a)</sup>  | Northwestern Mutual Life Insurance Co. (The)<sup>(a)</sup>  | Northwestern Mutual Life Insurance Co. (The)<sup>(a)</sup>  |
| Subordinated | Subordinated | Subordinated | Subordinated |
| 09/30/2059 | &nbsp;&nbsp; 3.625% | 2003000 | &nbsp;&nbsp; 1389774 |

---

Columbia Variable Portfolio – Long Government/Credit Bond Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Long Government/Credit Bond Fund, September 30, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Peachtree Corners Funding Trust II<sup>(a)</sup>  | Peachtree Corners Funding Trust II<sup>(a)</sup>  | Peachtree Corners Funding Trust II<sup>(a)</sup>  | Peachtree Corners Funding Trust II<sup>(a)</sup>  |
| 05/15/2035 | &nbsp;&nbsp; 6.012% | 292000 | &nbsp;&nbsp; 306503 |
| Teachers Insurance & Annuity Association of America<sup>(a)</sup>  | Teachers Insurance & Annuity Association of America<sup>(a)</sup>  | Teachers Insurance & Annuity Association of America<sup>(a)</sup>  | Teachers Insurance & Annuity Association of America<sup>(a)</sup>  |
| Subordinated | Subordinated | Subordinated | Subordinated |
| 05/15/2050 | &nbsp;&nbsp; 3.300% | 2561000 | &nbsp;&nbsp; 1763411 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **5296335** |
| **Media and Entertainment 0.4%** | **Media and Entertainment 0.4%** | **Media and Entertainment 0.4%** | **Media and Entertainment 0.4%** |
| Fox Corp. | Fox Corp. | Fox Corp. | Fox Corp. |
| 01/25/2049 | &nbsp;&nbsp; 5.576% | 490000 | &nbsp;&nbsp; 477051 |
| Meta Platforms, Inc. | Meta Platforms, Inc. | Meta Platforms, Inc. | Meta Platforms, Inc. |
| 05/15/2063 | &nbsp;&nbsp; 5.750% | 1005000 | &nbsp;&nbsp; 1031369 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **1508420** |
| **Midstream 2.4%** | **Midstream 2.4%** | **Midstream 2.4%** | **Midstream 2.4%** |
| Enbridge, Inc. | Enbridge, Inc. | Enbridge, Inc. | Enbridge, Inc. |
| 04/05/2054 | &nbsp;&nbsp; 5.950% | 1336000 | &nbsp;&nbsp; 1371591 |
| Energy Transfer LP | Energy Transfer LP | Energy Transfer LP | Energy Transfer LP |
| 05/15/2054 | &nbsp;&nbsp; 5.950% | 2219000 | &nbsp;&nbsp; 2152435 |
| Kinder Morgan Energy Partners LP | Kinder Morgan Energy Partners LP | Kinder Morgan Energy Partners LP | Kinder Morgan Energy Partners LP |
| 09/01/2044 | &nbsp;&nbsp; 5.400% | 758000 | &nbsp;&nbsp; 723181 |
| MPLX LP | MPLX LP | MPLX LP | MPLX LP |
| 03/14/2052 | &nbsp;&nbsp; 4.950% | 1896000 | &nbsp;&nbsp; 1618674 |
| Plains All American Pipeline LP/Finance Corp. | Plains All American Pipeline LP/Finance Corp. | Plains All American Pipeline LP/Finance Corp. | Plains All American Pipeline LP/Finance Corp. |
| 06/15/2044 | &nbsp;&nbsp; 4.700% | 759000 | &nbsp;&nbsp; 645079 |
| Western Gas Partners LP | Western Gas Partners LP | Western Gas Partners LP | Western Gas Partners LP |
| 03/01/2048 | &nbsp;&nbsp; 5.300% | 928000 | &nbsp;&nbsp; 809258 |
| Williams Companies, Inc. (The) | Williams Companies, Inc. (The) | Williams Companies, Inc. (The) | Williams Companies, Inc. (The) |
| 06/24/2044 | &nbsp;&nbsp; 5.750% | 1815000 | &nbsp;&nbsp; 1832275 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **9152493** |
| **Natural Gas 0.8%** | **Natural Gas 0.8%** | **Natural Gas 0.8%** | **Natural Gas 0.8%** |
| NiSource, Inc. | NiSource, Inc. | NiSource, Inc. | NiSource, Inc. |
| 02/15/2044 | &nbsp;&nbsp; 4.800% | 2997000 | &nbsp;&nbsp; 2726378 |
| Southern California Gas Co. | Southern California Gas Co. | Southern California Gas Co. | Southern California Gas Co. |
| 04/01/2054 | &nbsp;&nbsp; 5.600% | 450000 | &nbsp;&nbsp; 449965 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **3176343** |
| **Pharmaceuticals 3.7%** | **Pharmaceuticals 3.7%** | **Pharmaceuticals 3.7%** | **Pharmaceuticals 3.7%** |
| AbbVie, Inc. | AbbVie, Inc. | AbbVie, Inc. | AbbVie, Inc. |
| 11/06/2042 | &nbsp;&nbsp; 4.400% | 2167000 | &nbsp;&nbsp; 1953887 |
| Amgen, Inc. | Amgen, Inc. | Amgen, Inc. | Amgen, Inc. |
| 03/02/2063 | &nbsp;&nbsp; 5.750% | 2682000 | &nbsp;&nbsp; 2675760 |
| Bristol-Myers Squibb Co. | Bristol-Myers Squibb Co. | Bristol-Myers Squibb Co. | Bristol-Myers Squibb Co. |
| 02/22/2064 | &nbsp;&nbsp; 5.650% | 2448000 | &nbsp;&nbsp; 2428403 |
| Eli Lilly & Co. | Eli Lilly & Co. | Eli Lilly & Co. | Eli Lilly & Co. |
| 10/15/2065 | &nbsp;&nbsp; 5.650% | 1180000 | &nbsp;&nbsp; 1219119 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Johnson & Johnson | Johnson & Johnson | Johnson & Johnson | Johnson & Johnson |
| 06/01/2054 | &nbsp;&nbsp; 5.250% | 820000 | &nbsp;&nbsp; 835720 |
| Merck & Co, Inc. | Merck & Co, Inc. | Merck & Co, Inc. | Merck & Co, Inc. |
| 09/15/2055 | &nbsp;&nbsp; 5.700% | 1585000 | &nbsp;&nbsp; 1636290 |
| Merck & Co., Inc. | Merck & Co., Inc. | Merck & Co., Inc. | Merck & Co., Inc. |
| 05/17/2053 | &nbsp;&nbsp; 5.000% | 1085000 | &nbsp;&nbsp; 1018824 |
| Pfizer, Inc. | Pfizer, Inc. | Pfizer, Inc. | Pfizer, Inc. |
| 12/15/2046 | &nbsp;&nbsp; 4.125% | 2493000 | &nbsp;&nbsp; 2081228 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **13849231** |
| **Property & Casualty 0.1%** | **Property & Casualty 0.1%** | **Property & Casualty 0.1%** | **Property & Casualty 0.1%** |
| Berkshire Hathaway Finance Corp. | Berkshire Hathaway Finance Corp. | Berkshire Hathaway Finance Corp. | Berkshire Hathaway Finance Corp. |
| 03/15/2052 | &nbsp;&nbsp; 3.850% | 720000 | &nbsp;&nbsp; 565445 |
| **Railroads 1.6%** | **Railroads 1.6%** | **Railroads 1.6%** | **Railroads 1.6%** |
| Burlington Northern Santa Fe LLC | Burlington Northern Santa Fe LLC | Burlington Northern Santa Fe LLC | Burlington Northern Santa Fe LLC |
| 03/15/2056 | &nbsp;&nbsp; 5.800% | 1750000 | &nbsp;&nbsp; 1831594 |
| Canadian Pacific Railway Co. | Canadian Pacific Railway Co. | Canadian Pacific Railway Co. | Canadian Pacific Railway Co. |
| 12/02/2051 | &nbsp;&nbsp; 3.100% | 610000 | &nbsp;&nbsp; 411905 |
| Norfolk Southern Corp. | Norfolk Southern Corp. | Norfolk Southern Corp. | Norfolk Southern Corp. |
| 08/25/2051 | &nbsp;&nbsp; 2.900% | 1215000 | &nbsp;&nbsp; 789042 |
| 08/15/2052 | &nbsp;&nbsp; 4.050% | 1382000 | &nbsp;&nbsp; 1104566 |
| Union Pacific Corp. | Union Pacific Corp. | Union Pacific Corp. | Union Pacific Corp. |
| 02/05/2050 | &nbsp;&nbsp; 3.250% | 2460000 | &nbsp;&nbsp; 1733030 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **5870137** |
| **Restaurants 0.2%** | **Restaurants 0.2%** | **Restaurants 0.2%** | **Restaurants 0.2%** |
| McDonald's Corp. | McDonald's Corp. | McDonald's Corp. | McDonald's Corp. |
| 09/01/2049 | &nbsp;&nbsp; 3.625% | 810000 | &nbsp;&nbsp; 606682 |
| **Retailers 1.2%** | **Retailers 1.2%** | **Retailers 1.2%** | **Retailers 1.2%** |
| Amazon.com, Inc. | Amazon.com, Inc. | Amazon.com, Inc. | Amazon.com, Inc. |
| 05/12/2051 | &nbsp;&nbsp; 3.100% | 2694000 | &nbsp;&nbsp; 1870378 |
| Lowe's Companies, Inc. | Lowe's Companies, Inc. | Lowe's Companies, Inc. | Lowe's Companies, Inc. |
| 04/01/2052 | &nbsp;&nbsp; 4.250% | 2882000 | &nbsp;&nbsp; 2325744 |
| Walmart, Inc. | Walmart, Inc. | Walmart, Inc. | Walmart, Inc. |
| 09/22/2051 | &nbsp;&nbsp; 2.650% | 525000 | &nbsp;&nbsp; 335032 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **4531154** |
| **Supermarkets 0.3%** | **Supermarkets 0.3%** | **Supermarkets 0.3%** | **Supermarkets 0.3%** |
| Kroger Co. (The) | Kroger Co. (The) | Kroger Co. (The) | Kroger Co. (The) |
| 09/15/2064 | &nbsp;&nbsp; 5.650% | 1273000 | &nbsp;&nbsp; 1243548 |
| **Technology 3.8%** | **Technology 3.8%** | **Technology 3.8%** | **Technology 3.8%** |
| Alphabet, Inc. | Alphabet, Inc. | Alphabet, Inc. | Alphabet, Inc. |
| 05/15/2065 | &nbsp;&nbsp; 5.300% | 517000 | &nbsp;&nbsp; 513797 |
| Apple, Inc. | Apple, Inc. | Apple, Inc. | Apple, Inc. |
| 02/08/2051 | &nbsp;&nbsp; 2.650% | 3039000 | &nbsp;&nbsp; 1929612 |

---

Columbia Variable Portfolio – Long Government/Credit Bond Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Long Government/Credit Bond Fund, September 30, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Broadcom, Inc.<sup>(a)</sup>  | Broadcom, Inc.<sup>(a)</sup>  | Broadcom, Inc.<sup>(a)</sup>  | Broadcom, Inc.<sup>(a)</sup>  |
| 11/15/2036 | &nbsp;&nbsp; 3.187% | 3127000 | &nbsp;&nbsp; 2669392 |
| Cisco Systems, Inc. | Cisco Systems, Inc. | Cisco Systems, Inc. | Cisco Systems, Inc. |
| 02/24/2055 | &nbsp;&nbsp; 5.500% | 1135000 | &nbsp;&nbsp; 1152620 |
| Foundry JV Holdco LLC<sup>(a)</sup>  | Foundry JV Holdco LLC<sup>(a)</sup>  | Foundry JV Holdco LLC<sup>(a)</sup>  | Foundry JV Holdco LLC<sup>(a)</sup>  |
| 01/25/2034 | &nbsp;&nbsp; 5.875% | 907000 | &nbsp;&nbsp; 945352 |
| Intel Corp. | Intel Corp. | Intel Corp. | Intel Corp. |
| 08/12/2051 | &nbsp;&nbsp; 3.050% | 2200000 | &nbsp;&nbsp; 1394573 |
| International Business Machines Corp. | International Business Machines Corp. | International Business Machines Corp. | International Business Machines Corp. |
| 02/10/2055 | &nbsp;&nbsp; 5.700% | 825000 | &nbsp;&nbsp; 835914 |
| NXP BV/Funding LLC/USA, Inc. | NXP BV/Funding LLC/USA, Inc. | NXP BV/Funding LLC/USA, Inc. | NXP BV/Funding LLC/USA, Inc. |
| 02/15/2042 | &nbsp;&nbsp; 3.125% | 1740000 | &nbsp;&nbsp; 1285636 |
| Oracle Corp. | Oracle Corp. | Oracle Corp. | Oracle Corp. |
| 07/15/2046 | &nbsp;&nbsp; 4.000% | 3750000 | &nbsp;&nbsp; 2918651 |
| 09/26/2055 | &nbsp;&nbsp; 5.950% | 802000 | &nbsp;&nbsp; 799551 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **14445098** |
| **Tobacco 0.3%** | **Tobacco 0.3%** | **Tobacco 0.3%** | **Tobacco 0.3%** |
| BAT Capital Corp. | BAT Capital Corp. | BAT Capital Corp. | BAT Capital Corp. |
| 08/02/2043 | &nbsp;&nbsp; 7.079% | 1080000 | &nbsp;&nbsp; 1218371 |
| **Transportation Services 0.9%** | **Transportation Services 0.9%** | **Transportation Services 0.9%** | **Transportation Services 0.9%** |
| ERAC USA Finance LLC<sup>(a)</sup>  | ERAC USA Finance LLC<sup>(a)</sup>  | ERAC USA Finance LLC<sup>(a)</sup>  | ERAC USA Finance LLC<sup>(a)</sup>  |
| 10/30/2034 | &nbsp;&nbsp; 5.200% | 622000 | &nbsp;&nbsp; 641549 |
| FedEx Corp. | FedEx Corp. | FedEx Corp. | FedEx Corp. |
| 05/15/2050 | &nbsp;&nbsp; 5.250% | 1020000 | &nbsp;&nbsp; 934942 |
| United Parcel Service, Inc. | United Parcel Service, Inc. | United Parcel Service, Inc. | United Parcel Service, Inc. |
| 05/14/2065 | &nbsp;&nbsp; 6.050% | 1675000 | &nbsp;&nbsp; 1752301 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **3328792** |
| **Wireless 0.5%** | **Wireless 0.5%** | **Wireless 0.5%** | **Wireless 0.5%** |
| T-Mobile US, Inc. | T-Mobile US, Inc. | T-Mobile US, Inc. | T-Mobile US, Inc. |
| 04/15/2050 | &nbsp;&nbsp; 4.500% | 1100000 | &nbsp;&nbsp; 925744 |
| Vodafone Group PLC | Vodafone Group PLC | Vodafone Group PLC | Vodafone Group PLC |
| 06/28/2064 | &nbsp;&nbsp; 5.875% | 920000 | &nbsp;&nbsp; 914422 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **1840166** |
| **Wirelines 1.9%** | **Wirelines 1.9%** | **Wirelines 1.9%** | **Wirelines 1.9%** |
| AT&T, Inc. | AT&T, Inc. | AT&T, Inc. | AT&T, Inc. |
| 12/01/2057 | &nbsp;&nbsp; 3.800% | 5477000 | &nbsp;&nbsp; 3907430 |
| Verizon Communications, Inc. | Verizon Communications, Inc. | Verizon Communications, Inc. | Verizon Communications, Inc. |
| 03/22/2041 | &nbsp;&nbsp; 3.400% | 4395000 | &nbsp;&nbsp; 3471946 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **7379376** |
| &nbsp;&nbsp; Total Corporate Bonds & Notes <br>(Cost $178,319,264) | &nbsp;&nbsp; Total Corporate Bonds & Notes <br>(Cost $178,319,264) | &nbsp;&nbsp; Total Corporate Bonds & Notes <br>(Cost $178,319,264) | &nbsp;&nbsp; **176993849** |

---

---

| | | | |
|:---|:---|:---|:---|
| **Foreign Government Obligations**<sup>(c)</sup> **0.7%** | **Foreign Government Obligations**<sup>(c)</sup> **0.7%** | **Foreign Government Obligations**<sup>(c)</sup> **0.7%** | **Foreign Government Obligations**<sup>(c)</sup> **0.7%** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| **Mexico 0.7%** | **Mexico 0.7%** | **Mexico 0.7%** | **Mexico 0.7%** |
| Mexico Government International Bond | Mexico Government International Bond | Mexico Government International Bond | Mexico Government International Bond |
| 05/04/2053 | &nbsp;&nbsp; 6.338% | 2635000 | &nbsp;&nbsp; 2567608 |
| &nbsp;&nbsp; Total Foreign Government Obligations <br>(Cost $2,634,947) | &nbsp;&nbsp; Total Foreign Government Obligations <br>(Cost $2,634,947) | &nbsp;&nbsp; Total Foreign Government Obligations <br>(Cost $2,634,947) | &nbsp;&nbsp; **2567608** |
| **U.S. Treasury Obligations 42.2%** | **U.S. Treasury Obligations 42.2%** | **U.S. Treasury Obligations 42.2%** | **U.S. Treasury Obligations 42.2%** |
| U.S. Treasury | U.S. Treasury | U.S. Treasury | U.S. Treasury |
| 02/15/2036 | &nbsp;&nbsp; 4.500% | 17158000 | &nbsp;&nbsp; 17710273 |
| 05/15/2038 | &nbsp;&nbsp; 4.500% | 14945000 | &nbsp;&nbsp; 15260246 |
| 08/15/2040 | &nbsp;&nbsp; 3.875% | 1725000 | &nbsp;&nbsp; 1607484 |
| 02/15/2041 | &nbsp;&nbsp; 4.750% | 3935000 | &nbsp;&nbsp; 4036449 |
| 05/15/2041 | &nbsp;&nbsp; 4.375% | 6568000 | &nbsp;&nbsp; 6449981 |
| 05/15/2043 | &nbsp;&nbsp; 2.875% | 4575000 | &nbsp;&nbsp; 3582797 |
| 05/15/2043 | &nbsp;&nbsp; 3.875% | 3418500 | &nbsp;&nbsp; 3096413 |
| 08/15/2043 | &nbsp;&nbsp; 4.375% | 17646000 | &nbsp;&nbsp; 17031147 |
| 08/15/2044 | &nbsp;&nbsp; 3.125% | 2795000 | &nbsp;&nbsp; 2237747 |
| 11/15/2044 | &nbsp;&nbsp; 3.000% | 2595000 | &nbsp;&nbsp; 2030182 |
| 05/15/2045 | &nbsp;&nbsp; 5.000% | 10589000 | &nbsp;&nbsp; 10999324 |
| 08/15/2045 | &nbsp;&nbsp; 4.875% | 4823000 | &nbsp;&nbsp; 4930764 |
| 11/15/2045 | &nbsp;&nbsp; 3.000% | 2080000 | &nbsp;&nbsp; 1609075 |
| 11/15/2047 | &nbsp;&nbsp; 2.750% | 3615000 | &nbsp;&nbsp; 2612402 |
| 02/15/2048 | &nbsp;&nbsp; 3.000% | 17090000 | &nbsp;&nbsp; 12902950 |
| 02/15/2051 | &nbsp;&nbsp; 1.875% | 3770000 | &nbsp;&nbsp; 2153024 |
| 05/15/2052 | &nbsp;&nbsp; 2.875% | 17847900 | &nbsp;&nbsp; 12733361 |
| 02/15/2053 | &nbsp;&nbsp; 3.625% | 2167300 | &nbsp;&nbsp; 1791748 |
| 02/15/2055 | &nbsp;&nbsp; 4.625% | 3371000 | &nbsp;&nbsp; 3314114 |
| U.S. Treasury<sup>(d)</sup>  | U.S. Treasury<sup>(d)</sup>  | U.S. Treasury<sup>(d)</sup>  | U.S. Treasury<sup>(d)</sup>  |
| 05/15/2047 | &nbsp;&nbsp; 3.000% | 21257900 | &nbsp;&nbsp; 16182577 |
| U.S. Treasury<sup>(e)</sup>  | U.S. Treasury<sup>(e)</sup>  | U.S. Treasury<sup>(e)</sup>  | U.S. Treasury<sup>(e)</sup>  |
| STRIPS | STRIPS | STRIPS | STRIPS |
| 02/15/2040 | &nbsp;&nbsp; 0.000% | 19295800 | &nbsp;&nbsp; 10107653 |
| 11/15/2041 | &nbsp;&nbsp; 0.000% | 6871000 | &nbsp;&nbsp; 3250517 |
| 05/15/2043 | &nbsp;&nbsp; 0.000% | 9604000 | &nbsp;&nbsp; 4160959 |
| &nbsp;&nbsp; Total U.S. Treasury Obligations <br>(Cost $186,418,754) | &nbsp;&nbsp; Total U.S. Treasury Obligations <br>(Cost $186,418,754) | &nbsp;&nbsp; Total U.S. Treasury Obligations <br>(Cost $186,418,754) | &nbsp;&nbsp; **159791187** |

---

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

---

| | | |
|:---|:---|:---|
| **Money Market Funds 8.0%** | **Money Market Funds 8.0%** | **Money Market Funds 8.0%** |
|  | **Shares** | **Value ($)** |
| Columbia Short-Term Cash Fund, 4.265%<sup>(f),(g)</sup> <br>| &nbsp;&nbsp; 30349325 | &nbsp;&nbsp; 30340220 |
| &nbsp;&nbsp; Total Money Market Funds <br>(Cost $30,334,862) | &nbsp;&nbsp; Total Money Market Funds <br>(Cost $30,334,862) | &nbsp;&nbsp; **30340220** |
| **Total Investments in Securities** <br>**(Cost: $402,967,410)** | **Total Investments in Securities** <br>**(Cost: $402,967,410)** | &nbsp;&nbsp; **374601535** |
| **Other Assets & Liabilities, Net** |  | &nbsp;&nbsp; **4013093** |
| **Net Assets** | **Net Assets** | &nbsp;&nbsp; **378614628** |

---

At September 30, 2025, securities and/or cash totaling $10,423,309 were pledged as collateral.

Columbia Variable Portfolio – Long Government/Credit Bond Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Long Government/Credit Bond Fund, September 30, 2025 (Unaudited)

**Investments in derivatives** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Long futures contracts** | **Long futures contracts** | **Long futures contracts** | **Long futures contracts** | **Long futures contracts** | **Long futures contracts** | **Long futures contracts** |
| **Description** | **Number of** <br>**contracts**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Expiration** <br>**date**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Trading** <br>**currency**<br>| &nbsp;&nbsp;&nbsp; **Notional** <br>**amount**<br>| &nbsp;&nbsp;&nbsp; **Value/Unrealized** <br>**appreciation ($)**<br>| &nbsp;&nbsp;&nbsp; **Value/Unrealized** <br>**depreciation ($)**<br>|
| U.S. Long Bond | 180 | 12/2025 | USD | &nbsp;&nbsp;&nbsp;&nbsp; 20986875 | &nbsp;&nbsp;&nbsp;&nbsp; 525586 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| U.S. Treasury Ultra Bond | 394 | 12/2025 | USD | &nbsp;&nbsp;&nbsp;&nbsp; 47304625 | &nbsp;&nbsp;&nbsp;&nbsp; 1358629 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| Total |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1884215 | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Short futures contracts** | **Short futures contracts** | **Short futures contracts** | **Short futures contracts** | **Short futures contracts** | **Short futures contracts** | **Short futures contracts** |
| **Description** | **Number of** <br>**contracts**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Expiration** <br>**date**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Trading** <br>**currency**<br>| &nbsp;&nbsp;&nbsp; **Notional** <br>**amount**<br>| &nbsp;&nbsp;&nbsp; **Value/Unrealized** <br>**appreciation ($)**<br>| &nbsp;&nbsp;&nbsp; **Value/Unrealized** <br>**depreciation ($)**<br>|
| U.S. Treasury 10-Year Note | (26) | 12/2025 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (2925000)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (5668)<br>|
| U.S. Treasury 2-Year Note | (13) | 12/2025 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (2709180)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 585 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| U.S. Treasury 5-Year Note | (17) | 12/2025 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (1856320)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1658 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| U.S. Treasury Ultra 10-Year Note | (12) | 12/2025 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (1380938)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 7669 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| U.S. Treasury Ultra 10-Year Note | (262) | 12/2025 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (30150469)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (248884)<br>|
| Total |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; 9912 | &nbsp;&nbsp;&nbsp;&nbsp; (254552)<br>|

---

**Notes to Portfolio of Investments** 

&nbsp;&nbsp;&nbsp;&nbsp;(a) Represents privately placed and other securities and instruments exempt from Securities
 and Exchange Commission registration (collectively, private placements), such as Section 4(a)(2) and Rule 144A eligible securities, which are often sold only
 to qualified institutional buyers. At September 30, 2025, the total value of these securities amounted to $19,241,406, which represents 5.08% of total net assets.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Represents a variable rate security with a step coupon where the rate adjusts according
 to a schedule for a series of periods, typically lower for an initial period and then increasing to a higher coupon rate thereafter. The interest rate shown was the
 current rate as of September 30, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Principal and interest may not be guaranteed by a governmental entity.

&nbsp;&nbsp;&nbsp;&nbsp;(d) This security or a portion of this security has been pledged as collateral in connection
 with investments sold short and/or derivative contracts.

&nbsp;&nbsp;&nbsp;&nbsp;(e) Zero coupon bond.

&nbsp;&nbsp;&nbsp;&nbsp;(f) The rate shown is the seven-day current annualized yield at September 30, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(g) Under the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company's outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the
 holdings and transactions in these affiliated companies during the period ended September 30, 2025 are as follows:

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

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Affiliated issuers** | **Beginning** <br>**of period($)**<br>| **Purchases($)** | **Sales($)** | **Net change in** <br>**unrealized** <br>**appreciation** <br>**(depreciation)($)**<br>| **End of** <br>**period($)**<br>| **Realized gain** <br>**(loss)($)**<br>| **Dividends($)** | **End of** <br>**period shares**<br>|
| Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% |
|  | 108908383 | &nbsp;&nbsp; 213649717 | &nbsp;&nbsp; (292216467)<br>| &nbsp;&nbsp; (1413)<br>| &nbsp;&nbsp; 30340220 | &nbsp;&nbsp; (4783)<br>| &nbsp;&nbsp; 2326261 | &nbsp;&nbsp; 30349325 |

---

**Abbreviation Legend** 

STRIPS Separate Trading of Registered Interest and Principal Securities

**Currency Legend** 

USD US Dollar

Investments are valued using policies described in the Notes to Financial Statements included within the most recent financial statements and additional information.

Columbia Variable Portfolio – Long Government/Credit Bond Fund \| 2025

------

[THIS PAGE INTENTIONALLY LEFT BLANK]

------

You may at any time request, free of charge, to receive a paper copy of this report by calling 800.345.6611.

3QT7016_12_D01_(11/25)

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-05199

- **c. CIK number of Registrant:** 0000815425

- **d. LEI of Registrant:** 549300293M2AM3RU8K52

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

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

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02110

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

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

- **a. Name of Series:** Columbia Variable Portfolio - Long Government/Credit Bond Fund

- **b. EDGAR series identifier (if any):** S000040388

- **c. LEI of Series:** 54930030VQ6NHPTW9B62

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

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

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $378978880.69

**Total Liabilities:** $338751.15

**Net Assets:** $378640129.54

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.000000000000 | **1-Year:** 0.000000000000 | **5-Year:** 355.778600000000 | **10-Year:** 99925.048400000000 | **30-Year:** 355151.208600000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.000000000000 | **1-Year:** 0.000000000000 | **5-Year:** 825.940000000000 | **10-Year:** 0.000000000000 | **30-Year:** 3614.976200000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000125446 | -0.47%               | 0.44%                | 3.18%                |
| Class ID C000125447 | -0.46%               | 0.29%                | 3.19%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-122835375.08           | $113273147.13                              |
| Month 2  | $-29511.01               | $678855.19                                 |
| Month 3  | $-625246.17              | $9311187.33                                |

**Designated Index Information**

- **Index Name:** BBG Long Government/Credit Index

- **Index Identifier:** LB_LONG_GC

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| FOUNDRY JV HOLDCO LLC                                            | FOUNDRY JV HOLDCO LLC              | CUSIP: 350930AA1<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    907000 | PA      | $945352.06    | 0.25%             | 2034-01-25      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FOX CORP                                                         | FOX CORP                           | CUSIP: 35137LAK1<br>LEI: 549300DDU6FDRBIELS05 | Long             | DBT              | CORP              | US        |    490000 | PA      | $477050.63    | 0.13%             | 2049-01-25      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECHNOLOGIES INC                                   | GE HEALTHCARE TECHNOLOGIES INC     | CUSIP: 36266GAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    104000 | PA      | $107776.82    | 0.03%             | 2035-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC/THE                                      | GOLDMAN SACHS GROUP INC/THE        | CUSIP: 38141GC51<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   2460000 | PA      | $2551490.95   | 0.67%             | 2056-01-28      | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                          | HCA INC                            | CUSIP: 404119CL1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   2492000 | PA      | $2056604.18   | 0.54%             | 2052-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                | HSBC HOLDINGS PLC                  | CUSIP: 404280EX3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   1051000 | PA      | $1107718.84   | 0.29%             | 2036-05-13      | Variable      | 5.79%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                | HSBC HOLDINGS PLC                  | CUSIP: 404280FB0<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    555000 | PA      | $565223.18    | 0.15%             | 2036-09-10      | Variable      | 5.74%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                       | INTEL CORP                         | CUSIP: 458140BW9<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $1394572.53   | 0.37%             | 2051-08-12      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL BUSINESS MACHINES CORP                             | INTERNATIONAL BUSINESS MACHINES CO | CUSIP: 459200LK5<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    825000 | PA      | $835914.21    | 0.22%             | 2055-02-10      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| JH NORTH AMERICA HOLDINGS INC                                    | JH NORTH AMERICA HOLDINGS INC      | CUSIP: 46593WAB1<br>LEI: 254900A6FXA0D81TL967 | Long             | DBT              | CORP              | US        |    398000 | PA      | $407807.83    | 0.11%             | 2032-07-31      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                              | JPMORGAN CHASE & CO                | CUSIP: 46647PAL0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   4645000 | PA      | $3796021.32   | 1.00%             | 2048-11-15      | Variable      | 3.96%                 | No            |                  2 | On Loan: No      |
| JERSEY CTL PWR & LT CO                                           | JERSEY CENTRAL POWER & LIGHT COMPA | CUSIP: 476556DF9<br>LEI: 549300W9UGH9ZPLNPF79 | Long             | DBT              | CORP              | US        |   1072000 | PA      | $1086959.86   | 0.29%             | 2035-01-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| JOHNSON & JOHNSON                                                | JOHNSON & JOHNSON                  | CUSIP: 478160CX0<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    820000 | PA      | $835720.21    | 0.22%             | 2054-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                             | KEURIG DR PEPPER INC               | CUSIP: 49271VAR1<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    185000 | PA      | $149243.85    | 0.04%             | 2052-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENERGY PARTNERS LP                                 | KINDER MORGAN ENERGY PARTNERS LP   | CUSIP: 494550BW5<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |    758000 | PA      | $723180.76    | 0.19%             | 2044-09-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                                             | KRAFT HEINZ FOODS CO               | CUSIP: 50077LAB2<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |   2125000 | PA      | $1767925.33   | 0.47%             | 2046-06-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                        | KROGER CO                          | CUSIP: 501044DX6<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |   1273000 | PA      | $1243548.13   | 0.33%             | 2064-09-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECHNOLOGIES INC                                        | L3HARRIS TECHNOLOGIES INC          | CUSIP: 502431AU3<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |   1183000 | PA      | $1224752.54   | 0.32%             | 2034-06-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| LYB INTERNATIONAL FINANCE III LLC                                | LYB INTERNATIONAL FINANCE III LLC  | CUSIP: 50249AAJ2<br>LEI: 984500A51LA0B8EB4053 | Long             | DBT              | CORP              | US        |   1475000 | PA      | $986464.23    | 0.26%             | 2051-04-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| MCDONALDS CORP                                                   | MCDONALDS CORPORATION              | CUSIP: 58013MFK5<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    810000 | PA      | $606682.09    | 0.16%             | 2049-09-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                                   | MERCK & CO INC                     | CUSIP: 58933YBM6<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |   1085000 | PA      | $1018824.39   | 0.27%             | 2053-05-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                                   | MERCK & CO INC                     | CUSIP: 58933YBT1<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |   1585000 | PA      | $1636289.46   | 0.43%             | 2055-09-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| MIDAMERICAN ENERGY COMPANY                                       | MIDAMERICAN ENERGY COMPANY         | CUSIP: 595620AZ8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    560000 | PA      | $545075.71    | 0.14%             | 2055-02-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                   | MORGAN STANLEY                     | CUSIP: 61747YGA7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   4316000 | PA      | $4554105.81   | 1.20%             | 2036-04-17      | Variable      | 5.66%                 | No            |                  2 | On Loan: No      |
| NXP BV                                                           | NXP BV/NXP FUNDING LLC/NXP USA     | CUSIP: 62954HAL2<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |   1740000 | PA      | $1285635.92   | 0.34%             | 2042-02-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| NEW YORK AND PRESBYTERIAN HOSPITAL                               | NEW YORK AND PRESBYTERIAN HOSPITAL | CUSIP: 649322AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    850000 | PA      | $752915.48    | 0.20%             | 2036-08-01      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE INS CO                                             | NEW YORK LIFE INSURANCE COMPANY    | CUSIP: 64952GAT5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2430000 | PA      | $1836647.52   | 0.49%             | 2050-05-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL HOLDINGS INC                              | NEXTERA ENERGY CAPITAL HOLDINGS IN | CUSIP: 65339KDL1<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   3124000 | PA      | $3230453.74   | 0.85%             | 2035-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC.                                                    | NISOURCE FINANCE CORPORATION       | CUSIP: 65473QBC6<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |   2997000 | PA      | $2726377.85   | 0.72%             | 2044-02-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORPORATION                                     | NORFOLK SOUTHERN CORPORATION       | CUSIP: 655844BV9<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |   1382000 | PA      | $1104566.40   | 0.29%             | 2052-08-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORPORATION                                     | NORFOLK SOUTHERN CORPORATION       | CUSIP: 655844CL0<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |   1215000 | PA      | $789041.51    | 0.21%             | 2051-08-25      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| NORTHROP GRUMMAN CORP                                            | NORTHROP GRUMMAN CORP              | CUSIP: 666807BP6<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |   2810000 | PA      | $2291456.28   | 0.61%             | 2047-10-15      | Fixed         | 4.03%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL LIFE INSURANCE CO                            | NORTHWESTERN MUTUAL LIFE INSURANCE | CUSIP: 668138AC4<br>LEI: 1DU7IM20QESYGDO4HO54 | Long             | DBT              | CORP              | US        |   2003000 | PA      | $1389774.37   | 0.37%             | 2059-09-30      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORPORATION                                 | OCCIDENTAL PETROLEUM CORPORATION   | CUSIP: 674599EM3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   1849000 | PA      | $1803818.40   | 0.48%             | 2054-10-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| AEP TEXAS INC                                                    | AEP TEXAS INC                      | CUSIP: 00108WAN0<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |    750000 | PA      | $515710.16    | 0.14%             | 2051-05-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                         | AT&T INC                           | CUSIP: 00206RMN9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   5477000 | PA      | $3907429.29   | 1.03%             | 2057-12-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY COMPANY LLC                              | ONCOR ELECTRIC DELIVERY COMPANY LL | CUSIP: 68233JCU6<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    787000 | PA      | $783487.21    | 0.21%             | 2054-06-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                               | ORACLE CORPORATION                 | CUSIP: 68389XBJ3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   3750000 | PA      | $2918650.49   | 0.77%             | 2046-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                       | ABBVIE INC                         | CUSIP: 00287YAM1<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   2167000 | PA      | $1953886.97   | 0.52%             | 2042-11-06      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                                                     | ALPHABET INC                       | CUSIP: 02079KAN7<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    517000 | PA      | $513797.45    | 0.14%             | 2065-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                               | ORACLE CORPORATION                 | CUSIP: 68389XDR3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    802000 | PA      | $799551.45    | 0.21%             | 2055-09-26      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                 | PACIFIC GAS & ELECTRIC COMPANY     | CUSIP: 694308JN8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   1905000 | PA      | $1641209.18   | 0.43%             | 2050-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                   | AMAZON.COM INC                     | CUSIP: 023135CB0<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |   2694000 | PA      | $1870377.86   | 0.49%             | 2051-05-12      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                        | AMGEN INC                          | CUSIP: 031162DU1<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |   2682000 | PA      | $2675759.88   | 0.71%             | 2063-03-02      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PEACHTREE CORNERS FUNDING TRUST II                               | PEACHTREE CORNERS FUNDING TRUST II | CUSIP: 70470BAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    292000 | PA      | $306502.58    | 0.08%             | 2035-05-15      | Fixed         | 6.01%                 | No            |                  2 | On Loan: No      |
| PFIZER INC                                                       | PFIZER INC                         | CUSIP: 717081ED1<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |   2493000 | PA      | $2081228.36   | 0.55%             | 2046-12-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH COMPANIES LLC                                     | ANHEUSER-BUSCH COS LLC / INBEV     | CUSIP: 03522AAJ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1989000 | PA      | $1861641.12   | 0.49%             | 2046-02-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| APA CORP (US)                                                    | APA CORP (US)                      | CUSIP: 03743QAT5<br>LEI: 549300VCIWLRHYVSHC79 | Long             | DBT              | CORP              | US        |    911000 | PA      | $918723.25    | 0.24%             | 2055-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMERICAN PIPELINE LP                                  | PLAINS ALL AMERICAN PIPELINE LP    | CUSIP: 72650RBE1<br>LEI: 5521FA2ITF25TVH63740 | Long             | DBT              | CORP              | US        |    759000 | PA      | $645078.68    | 0.17%             | 2044-06-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| SIEMENS FUNDING BV                                               | SIEMENS FUNDING B.V.               | CUSIP: 82622RAE6<br>LEI: 213800CCRGH2TO338X64 | Long             | DBT              | CORP              | NL        |    958000 | PA      | $993519.63    | 0.26%             | 2035-05-28      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                        | APPLE INC                          | CUSIP: 037833EF3<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |   3039000 | PA      | $1929612.38   | 0.51%             | 2051-02-08      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                 | BAT CAPITAL CORP                   | CUSIP: 054989AC2<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |   1080000 | PA      | $1218371.21   | 0.32%             | 2043-08-02      | Fixed         | 7.08%                 | No            |                  2 | On Loan: No      |
| BAE SYSTEMS PLC                                                  | BAE SYSTEMS PLC                    | CUSIP: 05523RAL1<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |   3699000 | PA      | $3833569.74   | 1.01%             | 2034-03-26      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                             | BANK OF AMERICA CORP               | CUSIP: 06051GJA8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   4455000 | PA      | $3625984.80   | 0.96%             | 2051-03-20      | Variable      | 4.08%                 | No            |                  2 | On Loan: No      |
| BACARDI LTD                                                      | BACARDI LTD                        | CUSIP: 067316AG4<br>LEI: 549300R32WTQNHNN5055 | Long             | DBT              | CORP              | BM        |   4711000 | PA      | $4453879.36   | 1.18%             | 2038-05-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                     | BARCLAYS PLC                       | CUSIP: 06738EDE2<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    700000 | PA      | $719166.91    | 0.19%             | 2046-08-11      | Variable      | 5.86%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON AND COMPANY                                     | BECTON DICKINSON AND COMPANY       | CUSIP: 075887CS6<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |    920000 | PA      | $939423.57    | 0.25%             | 2034-02-08      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY FINANCE CORP                                  | BERKSHIRE HATHAWAY FINANCE CORP    | CUSIP: 084664DB4<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |    720000 | PA      | $565444.67    | 0.15%             | 2052-03-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                        | BOEING CO                          | CUSIP: 097023CR4<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   3124000 | PA      | $2243086.21   | 0.59%             | 2059-08-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BP CAPITAL MARKETS AMERICA INC                                   | BP CAPITAL MARKETS AMERICA INC     | CUSIP: 10373QBS8<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |   2436000 | PA      | $1585850.20   | 0.42%             | 2052-03-17      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                          | BRISTOL-MYERS SQUIBB CO            | CUSIP: 110122EL8<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |   2448000 | PA      | $2428402.55   | 0.64%             | 2064-02-22      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                     | BROADCOM INC                       | CUSIP: 11135FBQ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   3127000 | PA      | $2669392.28   | 0.70%             | 2036-11-15      | Fixed         | 3.19%                 | No            |                  2 | On Loan: No      |
| BURLINGTON NORTHERN SANTA FE LLC                                 | BURLINGTON NORTHERN SANTA FE LLC   | CUSIP: 12189LBM2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1831594.41   | 0.48%             | 2056-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP                                                      | CIGNA CORP                         | CUSIP: 125523CK4<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |   1529000 | PA      | $1073827.45   | 0.28%             | 2050-03-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                  | CVS HEALTH CORP                    | CUSIP: 126650CN8<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   2738000 | PA      | $2484162.43   | 0.66%             | 2045-07-20      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CAMPBELLS CO                                                     | CAMPBELL SOUP COMPANY              | CUSIP: 134429BK4<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |    708000 | PA      | $466613.27    | 0.12%             | 2050-04-24      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATURAL RESOURCES LTD                                   | CANADIAN NATURAL RESOURCES LIMITED | CUSIP: 136385AJ0<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |    635000 | PA      | $691220.93    | 0.18%             | 2037-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY COMPANY                                 | CANADIAN PACIFIC RAILWAY COMPANY   | CUSIP: 13645RBH6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    610000 | PA      | $411904.85    | 0.11%             | 2051-12-02      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                                              | CARRIER GLOBAL CORP                | CUSIP: 14448CAR5<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |   1590000 | PA      | $1283561.85   | 0.34%             | 2040-04-05      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR INC                                                  | CATERPILLAR INC                    | CUSIP: 149123CL3<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |   1306000 | PA      | $1351572.77   | 0.36%             | 2035-05-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CENOVUS ENERGY INC                                               | CENOVUS ENERGY INC                 | CUSIP: 15135UAX7<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |   1579000 | PA      | $1121463.93   | 0.30%             | 2052-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING                                 | CHARTER COMM OPT/OPT CAP           | CUSIP: 161175BL7<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |   3765000 | PA      | $3251483.96   | 0.86%             | 2047-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                                | CISCO SYSTEMS INC                  | CUSIP: 17275RCA8<br>LEI: 549300LKFJ962MZ46593 | Long             | DBT              | CORP              | US        |   1135000 | PA      | $1152619.60   | 0.30%             | 2055-02-24      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                    | CITIGROUP INC                      | CUSIP: 172967MD0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1855000 | PA      | $1655546.77   | 0.44%             | 2048-07-23      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| COLUMBIA SHORT TERM CASH FUND                                    | COLUMBIA SHORT TERM CASH FUND      | CUSIP: 19766H239<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  30349325 | NS      | $30340219.92  | 8.01%             |  |  |  | No            |                  1 | On Loan: No      |
| COMCAST CORPORATION                                              | COMCAST CORPORATION                | CUSIP: 20030NDU2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |   5400000 | PA      | $3201936.36   | 0.85%             | 2056-11-01      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| CONAGRA BRANDS INC                                               | CONAGRA BRANDS INC                 | CUSIP: 205887CE0<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |    490000 | PA      | $447895.99    | 0.12%             | 2048-11-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED EDISON COMPANY OF NEW YORK INC                      | CONSOLIDATED EDISON COMPANY OF NEW | CUSIP: 209111GN7<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |   1820000 | PA      | $1802680.58   | 0.48%             | 2055-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                                           | DIAMONDBACK ENERGY INC             | CUSIP: 25278XBB4<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |   1087000 | PA      | $1046943.22   | 0.28%             | 2064-04-18      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO                                                  | DOW CHEMICAL CO                    | CUSIP: 260543DM2<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |    480000 | PA      | $456292.45    | 0.12%             | 2055-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY INDIANA LLC                                          | DUKE ENERGY INDIANA LLC            | CUSIP: 26443TAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1545000 | PA      | $980196.86    | 0.26%             | 2050-04-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY INDIANA LLC                                          | DUKE ENERGY INDIANA LLC            | CUSIP: 26443TAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2288000 | PA      | $2234390.57   | 0.59%             | 2053-04-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| ERAC USA FINANCE LLC                                             | ERAC USA FINANCE LLC               | CUSIP: 26884TAZ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    622000 | PA      | $641549.17    | 0.17%             | 2034-10-30      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                     | ENBRIDGE INC                       | CUSIP: 29250NCD5<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   1336000 | PA      | $1371591.48   | 0.36%             | 2054-04-05      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                               | ENERGY TRANSFER LP                 | CUSIP: 29273VAW0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   2219000 | PA      | $2152434.69   | 0.57%             | 2054-05-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA LLC                                            | ENTERGY LOUISIANA LLC              | CUSIP: 29364WBQ0<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |    850000 | PA      | $871901.18    | 0.23%             | 2055-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                | EVERSOURCE ENERGY                  | CUSIP: 30040WAZ1<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |   1290000 | PA      | $1369269.29   | 0.36%             | 2034-07-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| EXELON CORPORATION                                               | EXELON CORPORATION                 | CUSIP: 30161NBH3<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |   4674000 | PA      | $3651366.71   | 0.96%             | 2052-03-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                               | META PLATFORMS INC                 | CUSIP: 30303M8R6<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |   1005000 | PA      | $1031369.34   | 0.27%             | 2063-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FEDEX CORP                                                       | FEDEX CORP                         | CUSIP: 31428XDW3<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |   1020000 | PA      | $934942.20    | 0.25%             | 2050-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP                                                 | FIRSTENERGY CORPORATION            | CUSIP: 337932AM9<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |   1310000 | PA      | $912843.16    | 0.24%             | 2050-03-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION SB                                 | SBAP_16-20L                        | CUSIP: 83162CYE7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |   1405465 | PA      | $1318852.98   | 0.35%             | 2036-12-01      | Fixed         | 2.81%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION PARTICIPATION CERTIFICATES SBAP_17 | SBAP_17-20E                        | CUSIP: 83162CYQ0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    109926 | PA      | $103345.08    | 0.03%             | 2037-05-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION PA                                 | SBAP_17-20F                        | CUSIP: 83162CYR8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    991887 | PA      | $926656.76    | 0.24%             | 2037-06-01      | Fixed         | 2.81%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION PA                                 | SBAP_17-20G                        | CUSIP: 83162CYT4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    843278 | PA      | $791943.70    | 0.21%             | 2037-07-01      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION PA                                 | SBAP_17-20H                        | CUSIP: 83162CYU1<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    716528 | PA      | $666802.98    | 0.18%             | 2037-08-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION PARTICIPATION CERTS SBAP_17-20I    | SBAP_17-20I                        | CUSIP: 83162CYW7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |   1192499 | PA      | $1101069.63   | 0.29%             | 2037-09-01      | Fixed         | 2.59%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA GAS COMPANY                                  | SOUTHERN CALIFORNIA GAS COMPANY    | CUSIP: 842434DA7<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |    450000 | PA      | $449964.60    | 0.12%             | 2054-04-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                 | T-MOBILE USA INC                   | CUSIP: 87264AAZ8<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $925744.04    | 0.24%             | 2050-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TEACHERS INS & ANN ASSOC OF AMER                                 | TEACHERS INSURANCE & ANNUITY       | CUSIP: 878091BG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2561000 | PA      | $1763410.78   | 0.47%             | 2050-05-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| TOTALENERGIES CAPITAL SA                                         | TOTALENERGIES CAPITAL SA           | CUSIP: 89157XAC5<br>LEI: 529900QI55ZLJVCMPA71 | Long             | DBT              | CORP              | FR        |   1453000 | PA      | $1453129.65   | 0.38%             | 2064-04-05      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| TYSON FOODS INC                                                  | TYSON FOODS INC                    | CUSIP: 902494BH5<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |    530000 | PA      | $490079.28    | 0.13%             | 2048-09-28      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORPORATION                                        | UNION PACIFIC CORPORATION          | CUSIP: 907818FK9<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |   2460000 | PA      | $1733030.03   | 0.46%             | 2050-02-05      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| MEXICO (UNITED MEXICAN STATES) (GOVERNMENT)                      | MEXICO (UNITED MEXICAN STATES)     | CUSIP: 91087BAX8<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   2635000 | PA      | $2567608.11   | 0.68%             | 2053-05-04      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE INC                                        | UNITED PARCEL SERVICE INC          | CUSIP: 911312CL8<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |   1675000 | PA      | $1752300.66   | 0.46%             | 2065-05-14      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS (NORTH AMERICA) INC                               | UNITED RENTALS NA INC              | CUSIP: 911363AM1<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |   1010000 | PA      | $955220.95    | 0.25%             | 2031-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                           | TREASURY STRIP (PRIN)              | CUSIP: 912803DK6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  19295800 | PA      | $10107653.08  | 2.67%             | 2040-02-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                           | TREASURY STRIP (PRIN)              | CUSIP: 912803DU4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6871000 | PA      | $3250517.26   | 0.86%             | 2041-11-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                           | TREASURY STRIP (PRIN)              | CUSIP: 912803EC3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9604000 | PA      | $4160958.88   | 1.10%             | 2043-05-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                           | TREASURY BOND                      | CUSIP: 912810FT0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  17158000 | PA      | $17710273.13  | 4.68%             | 2036-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                           | TREASURY BOND                      | CUSIP: 912810PX0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14945000 | PA      | $15260246.09  | 4.03%             | 2038-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                           | TREASURY BOND                      | CUSIP: 912810QK7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1725000 | PA      | $1607484.38   | 0.42%             | 2040-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                           | TREASURY BOND                      | CUSIP: 912810QN1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3935000 | PA      | $4036449.22   | 1.07%             | 2041-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                           | TREASURY BOND                      | CUSIP: 912810QQ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6568000 | PA      | $6449981.25   | 1.70%             | 2041-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                           | TREASURY BOND                      | CUSIP: 912810RB6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4575000 | PA      | $3582796.88   | 0.95%             | 2043-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                           | TREASURY BOND                      | CUSIP: 912810RH3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2795000 | PA      | $2237746.88   | 0.59%             | 2044-08-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                           | TREASURY BOND                      | CUSIP: 912810RJ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2595000 | PA      | $2030182.03   | 0.54%             | 2044-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                           | TREASURY BOND                      | CUSIP: 912810RP5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2080000 | PA      | $1609075.00   | 0.42%             | 2045-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                           | TREASURY BOND                      | CUSIP: 912810RX8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  21257900 | PA      | $16182576.38  | 4.27%             | 2047-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                           | TREASURY BOND                      | CUSIP: 912810RZ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3615000 | PA      | $2612402.34   | 0.69%             | 2047-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                           | TREASURY BOND                      | CUSIP: 912810SA7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  17090000 | PA      | $12902950.00  | 3.41%             | 2048-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                           | TREASURY BOND                      | CUSIP: 912810SU3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3770000 | PA      | $2153023.44   | 0.57%             | 2051-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                           | TREASURY BOND                      | CUSIP: 912810TG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  17847900 | PA      | $12733361.16  | 3.36%             | 2052-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| AEP TEXAS INC                                                    | AEP TEXAS INC                      | CUSIP: 00108WAK6<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |   2900000 | PA      | $2015696.92   | 0.53%             | 2050-01-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                           | TREASURY BOND                      | CUSIP: 912810TN8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2167300 | PA      | $1791747.55   | 0.47%             | 2053-02-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                           | TREASURY BOND                      | CUSIP: 912810TS7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3418500 | PA      | $3096413.20   | 0.82%             | 2043-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                           | TREASURY BOND                      | CUSIP: 912810TU2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  17646000 | PA      | $17031147.19  | 4.50%             | 2043-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                           | TREASURY BOND                      | CUSIP: 912810UG1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3371000 | PA      | $3314114.38   | 0.88%             | 2055-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                           | TREASURY BOND                      | CUSIP: 912810UL0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10589000 | PA      | $10999323.75  | 2.90%             | 2045-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                           | TREASURY BOND                      | CUSIP: 912810UN6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4823000 | PA      | $4930763.91   | 1.30%             | 2045-08-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                         | UNITED TECHNOLOGIES CORPORATION    | CUSIP: 913017BP3<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |   3430000 | PA      | $3755736.85   | 0.99%             | 2038-07-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                           | UNITEDHEALTH GROUP INC             | CUSIP: 91324PFC1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |   3901000 | PA      | $3740458.73   | 0.99%             | 2054-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC                                       | VERIZON COMMUNICATIONS INC         | CUSIP: 92343VGK4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   4395000 | PA      | $3471946.20   | 0.92%             | 2041-03-22      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELECTRIC AND POWER COMPANY                              | VIRGINIA ELECTRIC AND POWER CO     | CUSIP: 927804GL2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2043000 | PA      | $1993414.23   | 0.53%             | 2053-04-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                                               | VODAFONE GROUP PLC                 | CUSIP: 92857WCB4<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    920000 | PA      | $914422.30    | 0.24%             | 2064-06-28      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                      | WALMART INC                        | CUSIP: 931142EV1<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    525000 | PA      | $335032.48    | 0.09%             | 2051-09-22      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                            | WELLS FARGO & COMPANY              | CUSIP: 95000U2M4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   2225000 | PA      | $2079337.28   | 0.55%             | 2051-04-04      | Variable      | 5.01%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERATING LP                                   | WESTERN MIDSTREAM OPERATING LP     | CUSIP: 958254AJ3<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    928000 | PA      | $809258.09    | 0.21%             | 2048-03-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| ELI LILLY AND COMPANY                                            | ELI LILLY AND COMPANY              | CUSIP: 532457DG0<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |   1180000 | PA      | $1219119.34   | 0.32%             | 2065-10-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORPORATION                                      | LOCKHEED MARTIN CORPORATION        | CUSIP: 539830CB3<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    810000 | PA      | $778509.39    | 0.21%             | 2055-02-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| LOWES COMPANIES INC                                              | LOWES COMPANIES INC                | CUSIP: 548661EJ2<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |   2882000 | PA      | $2325743.82   | 0.61%             | 2052-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                          | MPLX LP                            | CUSIP: 55336VBT6<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |   1896000 | PA      | $1618674.45   | 0.43%             | 2052-03-14      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                           | WILLIAMS COMPANIES INC             | CUSIP: 969457BV1<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |   1815000 | PA      | $1832275.04   | 0.48%             | 2044-06-24      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| WOODSIDE FIN LTD                                                 | WOODSIDE FINANCE LTD               | CUSIP: 980236AV5<br>LEI: 254900AIZKU6TGRRNZ98 | Long             | DBT              | CORP              | AU        |    995000 | PA      | $1038566.42   | 0.27%             | 2035-05-19      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| XCEL ENERGY INC                                                  | XCEL ENERGY INC                    | CUSIP: 98389BAX8<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |   2027000 | PA      | $1453857.64   | 0.38%             | 2049-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan                                                         | US 5YR NOTE DEC 25                 | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DIR              | CORP              | US        |       -17 | NC      | $1657.64      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan                                                         | US 2YR NOTE DEC 25                 | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DIR              | CORP              | US        |       -13 | NC      | $584.66       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan                                                         | US 10YR NOTE DEC 25                | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DIR              | CORP              | US        |       -26 | NC      | $-5667.90     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan                                                         | US LONG BOND DEC 25                | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DIR              | CORP              | US        |       187 | NC      | $546025.98    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan                                                         | US ULTRA 10YR NOTE DEC 25          | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DIR              | CORP              | US        |       -12 | NC      | $7668.67      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan                                                         | US ULTRA 10YR NOTE DEC 25          | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DIR              | CORP              | US        |      -262 | NC      | $-248883.76   | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan                                                         | US ULTRA T-BOND DEC 25             | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DIR              | CORP              | US        |       379 | NC      | $1358312.12   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan                                                         | US ULTRA T-BOND DEC 25             | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DIR              | CORP              | US        |         3 | NC      | $-36.50       | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-21

**Name of Applicant:** Columbia Funds Variable Insurance Trust

**Signature:** Martha Skinner

**Name of Signer:** Martha Skinner

**Title:** Assistant Treasurer