# EDGAR Filing Document

**Accession Number:** 0000315754
**File Stem:** 0000315754-26-000153
**Filing Date:** 2026-5
**Character Count:** 765361
**Document Hash:** 8eb7c6c407084094d11a9b06f5f1dcf5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000315754-26-000153.hdr.sgml**: 20260529

**ACCESSION NUMBER**: 0000315754-26-000153

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260529

**DATE AS OF CHANGE**: 20260529

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AUGUSTAR VARIABLE INSURANCE PRODUCTS FUND INC
- **CENTRAL INDEX KEY:** 0000315754

**ORGANIZATION NAME:**
- **EIN:** 310978635
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03015
- **FILM NUMBER:** 261041796

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FINANCIAL WAY
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45242
- **BUSINESS PHONE:** 513-794-6171

**MAIL ADDRESS:**
- **STREET 1:** ONE FINANCIAL WAY
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45242

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AUGUSTAR(SM) VARIABLE INSURANCE PRODUCTS FUND INC
- **DATE OF NAME CHANGE:** 20231130

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** OHIO NATIONAL FUND INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ON MARKET YIELD FUND INC
- **DATE OF NAME CHANGE:** 19821026

## Series and Classes Contracts Data

### AVIP AB Relative Value Portfolio (Series ID: S000074393)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000232289 | Class I      |  |

## Nport-Ex

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Bond Portfolio**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Corporate Bonds–78.1%** | **Rate** | **Maturity** | **Face Amount** | **Value** |
| **Communication Services–3.5%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Charter Communications Operating LLC / Charter Communications Operating Capital Corp. <br> (Media)<br>| 3.700% | 04/01/2051 | &nbsp;&nbsp; $1000000 | &nbsp;&nbsp; $618915 |
| Comcast Corp. (Diversified Telecom. Svs.) | 3.250% | 11/01/2039 | &nbsp;&nbsp; 1600000 | &nbsp;&nbsp; 1235227 |
| Cox Communications, Inc. (Media)<br> (a) | 4.500% | 06/30/2043 | &nbsp;&nbsp; 2500000 | &nbsp;&nbsp; 1900599 |
| Meta Platforms, Inc. (Interactive Media & Svs.) | 5.625% | 11/15/2055 | &nbsp;&nbsp; 2750000 | &nbsp;&nbsp; 2577824 |
| Time Warner Cable LLC (Media) | 6.550% | 05/01/2037 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 2016392 |
| Verizon Communications, Inc. (Diversified Telecom. Svs.) | 4.125% | 08/15/2046 | &nbsp;&nbsp; 750000 | &nbsp;&nbsp; 596583 |
|  |  |  |  | &nbsp;&nbsp; 8945540 |
| **Consumer Discretionary–2.6%** |  |  |  |  |
| Home Depot, Inc. / The (Specialty Retail) | 2.375% | 03/15/2051 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1119984 |
| Lowe's Cos., Inc. (Specialty Retail) | 3.000% | 10/15/2050 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1235723 |
| Mattel, Inc. (Leisure Products) | 5.000% | 11/17/2030 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1490758 |
| Royal Caribbean Cruises Ltd. (Hotels, Restaurants & Leisure) | 5.250% | 02/27/2038 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1426973 |
| Sekisui House U.S., Inc. (Household Durables) | 3.850% | 01/15/2030 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1429856 |
|  |  |  |  | &nbsp;&nbsp; 6703294 |
| **Consumer Staples–3.2%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Coty, Inc. / HFC Prestige Products, Inc. / HFC Prestige International U.S. LLC (Personal Care <br> Products)<br>(a) | 5.600% | 01/15/2031 | &nbsp;&nbsp; 1400000 | &nbsp;&nbsp; 1355250 |
| Imperial Brands Finance PLC (Tobacco)<br> (a) | 5.625% | 07/01/2035 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1008448 |
| &nbsp;&nbsp;&nbsp; JBS N.V. / JBS U.S.A. Foods Group Holdings, Inc. / JBS U.S.A. Food Co. Holdings <br> (Food Products)<br>| 6.375% | 04/15/2066 | &nbsp;&nbsp; 900000 | &nbsp;&nbsp; 883136 |
| Kellanova (Food Products) | 4.500% | 04/01/2046 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1698133 |
| Kraft Heinz Foods Co. (Food Products) | 4.625% | 10/01/2039 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1322440 |
| Smithfield Foods, Inc. (Food Products)<br> (a) | 3.000% | 10/15/2030 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1828249 |
|  |  |  |  | &nbsp;&nbsp; 8095656 |
| **Energy–5.8%** |  |  |  |  |
| Baker Hughes Holdings LLC / Baker Hughes Co-Obligor, Inc. (Energy Equip. & Svs.) | 4.080% | 12/15/2047 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1570660 |
| Energy Transfer LP (Oil, Gas & Consumable Fuels) | 5.700% | 04/01/2035 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 2054061 |
| Energy Transfer LP (Oil, Gas & Consumable Fuels) | 6.300% | 01/15/2056 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1969374 |
| Marathon Petroleum Corp. (Oil, Gas & Consumable Fuels) | 4.750% | 09/15/2044 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 850205 |
| Occidental Petroleum Corp. (Oil, Gas & Consumable Fuels) | 5.550% | 10/01/2034 | &nbsp;&nbsp; 1800000 | &nbsp;&nbsp; 1830530 |
| Occidental Petroleum Corp. (Oil, Gas & Consumable Fuels) | 6.050% | 10/01/2054 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1458598 |
| Texas Eastern Transmission LP (Oil, Gas & Consumable Fuels)<br> (a) | 4.150% | 01/15/2048 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 781918 |
| Western Midstream Operating LP (Oil, Gas & Consumable Fuels) | 5.500% | 12/15/2035 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1475151 |
| Williams Cos., Inc. / The (Oil, Gas & Consumable Fuels) | 5.400% | 03/04/2044 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 930043 |
| Williams Cos., Inc. / The (Oil, Gas & Consumable Fuels) | 5.950% | 03/15/2056 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1968371 |
|  |  |  |  | &nbsp;&nbsp; 14888911 |
| **Financials–41.6%** |  |  |  |  |
| Antares Holdings LP (Capital Markets)<br> (a) | 2.750% | 01/15/2027 | &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 2937304 |
| Apollo Debt Solutions BDC (Capital Markets)<br> (a) | 5.200% | 12/08/2028 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1481381 |
| Apollo Debt Solutions BDC (Capital Markets) | 6.700% | 07/29/2031 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1517517 |
| Ares Capital Corp. (Capital Markets) | 5.250% | 04/12/2031 | &nbsp;&nbsp; 750000 | &nbsp;&nbsp; 725017 |
| Ares Strategic Income Fund (Capital Markets)<br> (a) | 5.550% | 04/15/2031 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1915955 |
| Aviation Capital Group LLC (Financial Services)<br> (a) | 4.250% | 04/30/2029 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1970844 |
| Bain Capital Specialty Finance, Inc. (Capital Markets) | 5.950% | 03/01/2031 | &nbsp;&nbsp; 1250000 | &nbsp;&nbsp; 1192533 |
| Bank of America Corp. (Rate is fixed until 03/08/2032, then H15T5Y + 200) (Banks)<br> (b) | 3.846% | 03/08/2037 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 926295 |
| Bank of Nova Scotia / The (Rate is fixed until 10/27/2035, then H15T5Y + 273) (Banks)<br> (b) | 6.875% | 10/27/2085 | &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 2947072 |
| Barclays PLC (Rate is fixed until 02/24/2036, then SOFR + 151) (Banks)<br> (b) | 5.207% | 02/24/2037 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1451679 |
| BGC Group, Inc. (Capital Markets) | 6.150% | 04/02/2030 | &nbsp;&nbsp; 2500000 | &nbsp;&nbsp; 2542734 |
| Blackstone Private Credit Fund (Capital Markets) | 6.000% | 01/29/2032 | &nbsp;&nbsp; 4500000 | &nbsp;&nbsp; 4364003 |
| Blackstone Secured Lending Fund (Capital Markets) | 5.250% | 09/04/2029 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1959545 |
| BPCE SA (Rate is fixed until 01/13/2046, then SOFR + 211) (Banks)<br> (a)(b) | 6.347% | 01/13/2047 | &nbsp;&nbsp; 1250000 | &nbsp;&nbsp; 1196082 |
| &nbsp;&nbsp;&nbsp; Canadian Imperial Bank of Commerce (Rate is fixed until 07/28/2031, then H15T5Y + 273) <br> (Banks)<br>(b) | 6.500% | 07/28/2086 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1954946 |
| &nbsp;&nbsp;&nbsp; Capital One Financial Corp. (Rate is fixed until 09/11/2030, then SOFR + 125) <br> (Consumer Finance)<br>(b) | 4.493% | 09/11/2031 | &nbsp;&nbsp; 1400000 | &nbsp;&nbsp; 1374611 |
| Capital One N.A. (Banks) | USISOA05 + 173 | 08/09/2028 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 2048649 |
| Charles Schwab Corp. / The (Rate is fixed until 11/14/2035, then SOFR + 123) (Capital Markets)<br> (b) | 4.914% | 11/14/2036 | &nbsp;&nbsp; 1250000 | &nbsp;&nbsp; 1215018 |
| Citigroup, Inc. (Rate is fixed until 01/24/2035, then SOFR + 183) (Banks)<br> (b) | 6.020% | 01/24/2036 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 2041857 |
| Citizens Financial Group, Inc. (Rate is fixed until 01/29/2031, then H15T5Y + 145) (Banks)<br> (b) | 5.299% | 01/29/2036 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 990997 |
| Fifth Third Bank N.A. (Rate is fixed until 08/25/2032, then SOFR + 261) (Banks)<br> (b) | 5.332% | 08/25/2033 | &nbsp;&nbsp; 2500000 | &nbsp;&nbsp; 2504421 |
| First Citizens BancShares, Inc. (Rate is fixed until 09/05/2030, then H15T5Y + 185) (Banks)<br> (b) | 5.600% | 09/05/2035 | &nbsp;&nbsp; 2750000 | &nbsp;&nbsp; 2687780 |
| First Horizon Bank (Banks) | 5.750% | 05/01/2030 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1014869 |
| Goldman Sachs BDC, Inc. (Capital Markets) | 5.650% | 09/09/2030 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1922390 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group, Inc. / The (Rate is fixed until 10/23/2034, then SOFR + 142) <br> (Capital Markets)<br>(b) | 5.016% | 10/23/2035 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 981504 |
| Goldman Sachs Private Credit Corp. (Capital Markets)<br> (a) | 5.875% | 01/31/2031 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1940398 |
| HPS Corporate Lending Fund (Capital Markets)<br> (a) | 5.650% | 04/02/2031 | &nbsp;&nbsp; 2500000 | &nbsp;&nbsp; 2398238 |
| HPS Corporate Lending Fund (Capital Markets) | 5.950% | 04/14/2032 | &nbsp;&nbsp; 1250000 | &nbsp;&nbsp; 1207706 |
| Intesa Sanpaolo SpA (Rate is fixed until 06/01/2041, then H15T1Y + 275) (Banks)<br> (a)(b) | 4.950% | 06/01/2042 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1256254 |
| JPMorgan Chase & Co. (Rate is fixed until 10/22/2035, then SOFR + 119) (Banks)<br> (b) | 4.810% | 10/22/2036 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1456448 |
| Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp. (Mortgage REIT)<br> (a) | 7.000% | 07/15/2031 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 2067452 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Bond Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Corporate Bonds (Continued)** | **Rate** | **Maturity** | **Face Amount** | **Value** |
| **Financials (continued)** |  |  |  |  |
| LPL Holdings, Inc. (Capital Markets) | 5.200% | 03/15/2030 | &nbsp;&nbsp; $1500000 | &nbsp;&nbsp; $1510992 |
| M&T Bank Corp. (Rate is fixed until 07/30/2030, then H15T5Y + 143) (Banks)<br> (b) | 5.400% | 07/30/2035 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1993567 |
| MetLife, Inc. (Rate is fixed until 03/15/2036, then H15T5Y + 182) (Insurance)<br> (b) | 5.850% | 03/15/2056 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1962984 |
| Morgan Stanley (Rate is fixed until 07/19/2034, then SOFR + 156) (Capital Markets)<br> (b) | 5.320% | 07/19/2035 | &nbsp;&nbsp; 1800000 | &nbsp;&nbsp; 1806243 |
| Morgan Stanley (Rate is fixed until 10/22/2035, then SOFR + 131) (Capital Markets)<br> (b) | 4.892% | 10/22/2036 | &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 2900115 |
| Morgan Stanley (Rate is fixed until 04/20/2032, then SOFR + 262) (Capital Markets)<br> (b) | 5.297% | 04/20/2037 | &nbsp;&nbsp; 2500000 | &nbsp;&nbsp; 2493918 |
| MSD Investment Corp. (Capital Markets)<br> (a) | 6.125% | 02/05/2031 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1454599 |
| Oaktree Strategic Credit Fund (Capital Markets) | 6.500% | 07/23/2029 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1503721 |
| Old National Bancorp (Rate is fixed until 02/15/2031, then TSFR3M + 220) (Banks)<br> (b) | 5.768% | 02/15/2036 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1990339 |
| Pinnacle Bank (Rate is fixed until 01/15/2031, then H15T5Y + 230) (Banks)<br> (b) | 5.957% | 01/15/2036 | &nbsp;&nbsp; 2100000 | &nbsp;&nbsp; 2079750 |
| Prudential Financial, Inc. (Rate is fixed until 09/15/2027, then QL + 238) (Insurance)<br> (b) | 4.500% | 09/15/2047 | &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 2926221 |
| Santander Holdings U.S.A., Inc. (Rate is fixed until 01/06/2027, then SOFR + 125) (Banks)<br> (b) | 2.490% | 01/06/2028 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 983061 |
| Sixth Street Lending Partners (Capital Markets) | 6.125% | 07/15/2030 | &nbsp;&nbsp; 900000 | &nbsp;&nbsp; 894727 |
| Stellantis Finance U.S., Inc. (Consumer Finance)<br> (a) | 2.691% | 09/15/2031 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1690308 |
| Stellantis Financial Services U.S. Corp. (Consumer Finance)<br> (a) | 5.400% | 09/15/2030 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 981941 |
| Synchrony Financial (Consumer Finance) | 5.150% | 03/19/2029 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 2004850 |
| Synchrony Financial (Rate is fixed until 07/29/2035, then SOFR + 207) (Consumer Finance)<br> (b) | 6.000% | 07/29/2036 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1972646 |
| Texas Capital Bancshares, Inc. (Rate is fixed until 02/27/2031, then SOFR + 194) (Banks)<br> (b) | 5.301% | 02/27/2032 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1971910 |
| Toronto-Dominion Bank / The (Banks) | 4.928% | 10/15/2035 | &nbsp;&nbsp; 1300000 | &nbsp;&nbsp; 1279007 |
| UBS Group AG (Rate is fixed until 07/08/2036, then USISSO05 + 332) (Capital Markets)<br> (a)(b) | 7.000% | Perpetual | &nbsp;&nbsp; 1250000 | &nbsp;&nbsp; 1208401 |
| UBS Group AG (Rate is fixed until 08/05/2035, then USISSO05 + 330) (Capital Markets)<br> (a)(b) | 7.000% | Perpetual | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 486039 |
| UBS Group AG (Rate is fixed until 03/23/2036, then SOFR + 134) (Capital Markets)<br> (a)(b) | 5.010% | 03/23/2037 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1934118 |
| Unum Group (Insurance) | 5.250% | 12/15/2035 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1956093 |
| Webster Financial Corp. (Rate is fixed until 09/11/2030, then H15T5Y + 213) (Banks)<br> (b) | 5.784% | 09/11/2035 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 2031185 |
| Wells Fargo & Co. (Rate is fixed until 04/30/2040, then SOFR + 253) (Banks)<br> (b) | 3.068% | 04/30/2041 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1126130 |
| Wells Fargo & Co. (Banks) | 4.650% | 11/04/2044 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 838446 |
| Westpac Banking Corp. (Rate is fixed until 11/23/2026, then USISOA05 + 224) (Banks)<br> (b) | 4.322% | 11/23/2031 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 997583 |
| Willis North America, Inc. (Insurance) | 5.150% | 03/15/2036 | &nbsp;&nbsp; 1600000 | &nbsp;&nbsp; 1558148 |
| Zions Bancorp N.A. (Rate is fixed until 08/18/2027, then SOFR + 116) (Banks)<br> (b) | 4.704% | 08/18/2028 | &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 2973290 |
| Zions Bancorp N.A. (Rate is fixed until 02/09/2028, then SOFR + 106) (Banks)<br> (b) | 4.483% | 02/09/2029 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 496266 |
|  |  |  |  | &nbsp;&nbsp; 106198097 |
| **Health Care–1.7%** |  |  |  |  |
| AbbVie, Inc. (Biotechnology) | 4.250% | 11/21/2049 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1623466 |
| Baxter International, Inc. (Health Care Equip. & Supplies) | 5.650% | 12/15/2035 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1953248 |
| Viatris, Inc. (Pharmaceuticals) | 4.000% | 06/22/2050 | &nbsp;&nbsp; 1250000 | &nbsp;&nbsp; 819259 |
|  |  |  |  | &nbsp;&nbsp; 4395973 |
| **Industrials–0.8%** |  |  |  |  |
| Boeing Co. / The (Aerospace & Defense) | 6.858% | 05/01/2054 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1100575 |
| TTX Co. (Ground Transportation)<br> (a) | 5.650% | 12/01/2052 | &nbsp;&nbsp; 825000 | &nbsp;&nbsp; 825686 |
|  |  |  |  | &nbsp;&nbsp; 1926261 |
| **Information Technology–2.1%** |  |  |  |  |
| Oracle Corp. (Software) | 5.350% | 05/04/2033 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1946958 |
| Oracle Corp. (Software) | 5.200% | 09/26/2035 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 937995 |
| Salesforce, Inc. (Software) | 5.200% | 03/15/2033 | &nbsp;&nbsp; 878000 | &nbsp;&nbsp; 876501 |
| Salesforce, Inc. (Software) | 5.550% | 03/15/2036 | &nbsp;&nbsp; 1578000 | &nbsp;&nbsp; 1573091 |
|  |  |  |  | &nbsp;&nbsp; 5334545 |
| **Materials–1.4%** |  |  |  |  |
| Anglo American Capital PLC (Metals & Mining)<br> (a) | 5.250% | 03/19/2036 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 977781 |
| Corp. Nacional del Cobre de Chile (Metals & Mining)<br> (a) | 6.330% | 01/13/2035 | &nbsp;&nbsp; 600000 | &nbsp;&nbsp; 625320 |
| Westlake Corp. (Chemicals) | 6.375% | 11/15/2055 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1970640 |
|  |  |  |  | &nbsp;&nbsp; 3573741 |
| **Real Estate–7.8%** |  |  |  |  |
| Alexandria Real Estate Equities, Inc. (Health Care REITs) | 3.950% | 01/15/2028 | &nbsp;&nbsp; 600000 | &nbsp;&nbsp; 593616 |
| American Tower Corp. (Specialized REITs) | 4.700% | 12/15/2032 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 982614 |
| Brixmor Operating Partnership LP (Retail REITs) | 4.850% | 02/15/2033 | &nbsp;&nbsp; 1340000 | &nbsp;&nbsp; 1316230 |
| COPT Defense Properties LP (Office REITs) | 4.500% | 10/15/2030 | &nbsp;&nbsp; 1350000 | &nbsp;&nbsp; 1332557 |
| Cousins Properties LP (Office REITs) | 4.875% | 03/01/2033 | &nbsp;&nbsp; 1250000 | &nbsp;&nbsp; 1203462 |
| Essential Properties LP (Diversified REITs) | 5.400% | 12/01/2035 | &nbsp;&nbsp; 1300000 | &nbsp;&nbsp; 1277903 |
| Healthcare Realty Holdings LP (Health Care REITs) | 3.625% | 01/15/2028 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 979576 |
| Kilroy Realty LP (Office REITs) | 4.250% | 08/15/2029 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1933403 |
| Phillips Edison Grocery Center Operating Partnership I LP (Retail REITs) | 4.750% | 03/15/2033 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 975786 |
| Piedmont Operating Partnership LP (Office REITs) | 5.625% | 01/15/2033 | &nbsp;&nbsp; 2500000 | &nbsp;&nbsp; 2429380 |
| Safehold GL Holdings LLC (Specialized REITs) | 5.650% | 01/15/2035 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 2022670 |
| Store Capital LLC (Retail REITs) | 5.400% | 04/30/2030 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 2009210 |
| VICI Properties LP / VICI Note Co., Inc. (Specialized REITs)<br> (a) | 4.625% | 12/01/2029 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 983134 |
| Vornado Realty LP (Office REITs) | 5.750% | 02/01/2033 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1961255 |
|  |  |  |  | &nbsp;&nbsp; 20000796 |
| **Utilities–7.6%** |  |  |  |  |
| AEP Transmission Co. LLC (Electric Utilities) | 4.000% | 12/01/2046 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 785925 |
| AEP Transmission Co. LLC (Electric Utilities) | 3.750% | 12/01/2047 | &nbsp;&nbsp; 1351000 | &nbsp;&nbsp; 999887 |
| Commonwealth Edison Co. (Electric Utilities) | 4.350% | 11/15/2045 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1655558 |
| Commonwealth Edison Co. (Electric Utilities) | 5.650% | 06/01/2054 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1949072 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Bond Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Corporate Bonds (Continued)** | **Rate** | **Maturity** | **Face Amount** | **Value** |
| **Utilities (continued)** |  |  |  |  |
| Connecticut Light & Power Co. / The (Electric Utilities) | 4.000% | 04/01/2048 | &nbsp;&nbsp; $1000000 | &nbsp;&nbsp; $776179 |
| Consolidated Edison Co. of New York, Inc. (Electric Utilities) | 5.700% | 05/15/2054 | &nbsp;&nbsp; 2500000 | &nbsp;&nbsp; 2449298 |
| Dominion Energy, Inc. (Rate is fixed until 02/15/2031, then H15T5Y + 226) (Multi-Utilities)<br> (b) | 6.000% | 02/15/2056 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 993627 |
| Duke Energy Corp. (Electric Utilities) | 3.750% | 09/01/2046 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 737909 |
| Entergy Corp. (Rate is fixed until 06/15/2036, then H15T5Y + 201) (Electric Utilities)<br> (b) | 6.100% | 06/15/2056 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 986933 |
| Eversource Energy (Electric Utilities) | 3.300% | 01/15/2028 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 979298 |
| Florida Power & Light Co. (Electric Utilities) | 3.150% | 10/01/2049 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1338704 |
| PacifiCorp (Electric Utilities) | 5.800% | 04/15/2036 | &nbsp;&nbsp; 1550000 | &nbsp;&nbsp; 1562422 |
| PacifiCorp (Rate is fixed until 08/15/2031, then H15T5Y + 329) (Electric Utilities)<br> (b) | 7.125% | 08/15/2056 | &nbsp;&nbsp; 750000 | &nbsp;&nbsp; 708509 |
| Public Service Electric & Gas Co. (Multi-Utilities) | 3.600% | 12/01/2047 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1107850 |
| Sempra (Rate is fixed until 04/01/2031, then H15T5Y + 263) (Multi-Utilities)<br> (b) | 6.375% | 04/01/2056 | &nbsp;&nbsp; 1350000 | &nbsp;&nbsp; 1356079 |
| Xcel Energy, Inc. (Rate is fixed until 12/03/2031, then H15T5Y + 217) (Electric Utilities)<br> (b) | 5.750% | 12/03/2056 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 976178 |
|  |  |  |  | &nbsp;&nbsp; 19363428 |
| **Total Corporate Bonds (Cost $209,564,182)** |  |  |  | &nbsp;&nbsp; $199426242 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset-Backed Securities–17.8%** | **Rate** | **Maturity** | **Face Amount** | **Value** |
| **Financials–15.7%** |  |  |  |  |
| AGL CLO 2021-12A A1R <br> (a) | TSFR3M + 121 | 10/20/2038 | &nbsp;&nbsp; $2000000 | &nbsp;&nbsp; $1997563 |
| Aimco CLO 2023-20A A1R <br> (a) | TSFR3M + 121 | 10/16/2038 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1997915 |
| Apidos CLO XXXIX Ltd. 2022-39A A1R <br> (a) | TSFR3M + 123 | 10/21/2038 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1996608 |
| Ares LVII CLO Ltd. 2020-57A A1R2 <br> (a) | TSFR3M + 123 | 10/25/2038 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1997896 |
| Ballyrock CLO 2019-2A A1R3 <br> (a) | TSFR3M + 124 | 10/25/2038 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1999000 |
| Benefit Street Partners CLO 44 Ltd. 2025-44A A1 <br> (a) | TSFR3M + 122 | 01/15/2039 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1997760 |
| Carlyle U.S. CLO 2025-7A A1 <br> (a) | TSFR3M + 121 | 01/25/2039 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1992415 |
| Cayuga Park CLO Ltd. 2020-1A AR2 <br> (a) | TSFR3M + 120 | 10/17/2038 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1995013 |
| CIFC Funding 2021-2A A1R <br> (a) | TSFR3M + 120 | 01/15/2039 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1996059 |
| Dryden 2025-120A A1 <br> (a) | TSFR3M + 122 | 01/15/2039 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1992615 |
| HPS Loan Management 15 2019-15A A1R2 <br> (a) | TSFR3M + 124 | 10/22/2038 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1995889 |
| KKR Financial CLO 2013-1A A1R3 <br> (a) | TSFR3M + 125 | 10/15/2038 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1998000 |
| Madison Park Funding XLVIII Ltd. 2021-48A AR <br> (a) | TSFR3M + 122 | 01/19/2039 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1995000 |
| Midocean Credit Clo XX 2025-20A A1 <br> (a) | TSFR3M + 123 | 01/20/2039 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1997738 |
| OHA Credit Funding 16-R Ltd. 2023-16RA A1 <br> (a) | TSFR3M + 120 | 10/20/2038 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1997907 |
| Orion Clo 2023-1A A1R <br> (a) | TSFR3M + 122 | 10/25/2038 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1992004 |
| Regatta XIX Funding Ltd. 2022-1A A1R <br> (a) | TSFR3M + 124 | 10/20/2038 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1999921 |
| TCW CLO 2025-2A A <br> (a) | TSFR3M + 124 | 01/15/2039 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1996775 |
| Trinitas CLO XXXVII Ltd. 2025-37A A1 <br> (a) | TSFR3M + 122 | 01/22/2039 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1992294 |
| Voya CLO 2023-1A A1R <br> (a) | TSFR3M + 121 | 01/20/2039 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1997835 |
|  |  |  |  | &nbsp;&nbsp; 39926207 |
| **Industrials–2.1%** |  |  |  |  |
| American Airlines 2025-1 Class A Pass Through Trust  | 4.900% | 05/11/2038 | &nbsp;&nbsp; 2400000 | &nbsp;&nbsp; 2335203 |
| FedEx Corp. 2020-1 Class AA Pass Through Trust  | 1.875% | 02/20/2034 | &nbsp;&nbsp; 2117702 | &nbsp;&nbsp; 1822865 |
| United Airlines 2019-2 Class AA Pass Through Trust  | 2.700% | 05/01/2032 | &nbsp;&nbsp; 1279885 | &nbsp;&nbsp; 1176383 |
|  |  |  |  | &nbsp;&nbsp; 5334451 |
| **Total Asset-Backed Securities (Cost $45,743,223)** |  |  |  | &nbsp;&nbsp; $45260658 |

---

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

---

| | | | |
|:---|:---|:---|:---|
| **Preferred Securities–1.7%** | **Rate** | **Quantity** | **Value** |
| **Financials–1.7%** |  |  |  |
| Bank of America Corp. DR (Rate is fixed until 07/26/2030, then H15T5Y + 235) (Banks)<br> (b) | 6.250% | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; $2012046 |
| Huntington Bancshares, Inc. (Rate is fixed until 10/15/2030, then H15T5Y + 265) (Banks)<br> (b) | 6.250% | &nbsp;&nbsp; 1400000 | &nbsp;&nbsp; 1379421 |
| Wells Fargo & Co. (Rate is fixed until 06/15/2031, then H15T5Y + 234) (Banks)<br> (b) | 6.125% | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1003763 |
| **Total Preferred Securities (Cost $4,400,000)** |  |  | &nbsp;&nbsp; $4395230 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **U.S. Treasury Obligations–0.6%** | **Rate** | **Maturity**  | **Face** <br> **Amount**<br>| **Value** |
| U.S. Treasury Note | 4.000% | 11/15/2035 | &nbsp;&nbsp; $1500000 | &nbsp;&nbsp; $1463203 |
| **Total U.S. Treasury Obligations (Cost $1,475,618)** |  |  |  | &nbsp;&nbsp; $1463203 |
| **Total Investments – 98.2% (Cost $261,183,023)**<br> (c) |  |  |  | &nbsp;&nbsp; $250545333 |
| **Other Assets in Excess of Liabilities – 1.8%**<br> (d) |  |  |  | &nbsp;&nbsp; 4717309 |
| **Net Assets – 100.0%** |  |  |  | &nbsp;&nbsp; $255262642 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Bond Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | |
|:---|:---|
| Abbreviations: | Abbreviations: |
| &nbsp;&nbsp;&nbsp;&nbsp; CLO: | Collateralized Loan Obligation |
| &nbsp;&nbsp;&nbsp;&nbsp; DR: | Depositary Receipt |
| &nbsp;&nbsp;&nbsp;&nbsp; H15T1Y: | U.S. Treasury Yield Curve Rate T-Note Constant Maturity 1 Year, 3.680% at 3/31/2026 |
| &nbsp;&nbsp;&nbsp;&nbsp; H15T5Y: | U.S. Treasury Yield Curve Rate T-Note Constant Maturity 5 Year, 3.920% at 3/31/2026 |
| &nbsp;&nbsp;&nbsp;&nbsp; QL: | Quarterly U.S. LIBOR Rate. This rate is linked to U.S. LIBOR, which is no longer published. An alternate reference rate will be determined by the issuer <br> prior to the date the security becomes a variable rate instrument.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; REITs: | Real Estate Investment Trusts |
| &nbsp;&nbsp;&nbsp;&nbsp; SOFR: | Secured Overnight Financing Rate, 3.680% at 3/31/2026 |
| &nbsp;&nbsp;&nbsp;&nbsp; TSFR3M: | Quarterly CME Term Secured Overnight Financing Rate ("SOFR"), 3.682% at 3/31/2026 |
| &nbsp;&nbsp;&nbsp;&nbsp; USISOA05: | 5 Year Secured Overnight Financing Rate ("SOFR") Spread-Adjusted ICE Swap Rate, 3.892% at 3/31/2026 |

---

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

---

| | |
|:---|:---|
| Footnotes: | Footnotes: |
| &nbsp;&nbsp;&nbsp;&nbsp; (a) | Security exempt from registration under Regulation D of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, <br> normally to qualified buyers under Rule 144A. At March 31, 2026, the value of these securities totaled $75,131,906, or 29.4% of the Portfolio's net assets.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (b) | Security is a fixed-then-variable rate instrument in which the coupon or dividend rate is fixed until a later specified date, then is adjusted periodically. Rates <br> stated, including interest rate caps and floors, if any, are those in effect at March 31, 2026.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (c) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 4 of the Notes to Schedules of <br> Investments.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (d) | Includes $810,755 of cash pledged as collateral for the futures contracts outstanding at March 31, 2026. See also the following Schedule of Open Futures <br> Contracts.<br>|

---

The accompanying notes are an integral part of these financial statements.

**Schedule of Open Futures Contracts**

**March 31, 2026 (Unaudited)** 

**Long Futures Contracts** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **contracts**<br>| **Expiration Date** | **Notional**<br> **Amount**<br>| **Value** | **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Variation Margin** <br> **Receivable** <br> **(Payable)**<br>|
| CBT 10-Year U.S. Ultra Bond - Long | 37 | June 18, 2026 | &nbsp;&nbsp; $4204708 | &nbsp;&nbsp; $4200078 | &nbsp;&nbsp; $(4630)<br>| &nbsp;&nbsp; $10984 |
| CBT U.S. Long Bond - Long | 10 | June 18, 2026 | &nbsp;&nbsp; 1176191 | &nbsp;&nbsp; 1138750 | &nbsp;&nbsp; (37441)<br>| &nbsp;&nbsp; 3750 |
| CBT U.S. Ultra Bond - Long | 83 | June 18, 2026 | &nbsp;&nbsp; 9999721 | &nbsp;&nbsp; 9674688 | &nbsp;&nbsp; (325033)<br>| &nbsp;&nbsp; 18157 |
| CBT 2-Year U.S. Treasury Note - Long | 60 | June 30, 2026 | &nbsp;&nbsp; 12503079 | &nbsp;&nbsp; 12446719 | &nbsp;&nbsp; (56362)<br>| &nbsp;&nbsp; 4687 |
| CBT 5-Year U.S. Treasury Note - Long | 85 | June 30, 2026 | &nbsp;&nbsp; 9329555 | &nbsp;&nbsp; 9195273 | &nbsp;&nbsp; (134282)<br>| &nbsp;&nbsp; 11953 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$37213254** | &nbsp;&nbsp; **$36655508** | &nbsp;&nbsp; **$(557748)**<br>| &nbsp;&nbsp; **$49531** |

---

The accompanying notes are an integral part of these financial statements. <br>

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP BlackRock Balanced Allocation Portfolio**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

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

---

| | | |
|:---|:---|:---|
| **Common Stocks–71.6%** | **Shares** | **Value** |
| **Communication Services–7.7%** |  |  |
| Alphabet, Inc. Class A (Interactive Media & Svs.) | &nbsp;&nbsp; 28727 | &nbsp;&nbsp; $8260736 |
| Alphabet, Inc. Class C (Interactive Media & Svs.) | &nbsp;&nbsp; 21743 | &nbsp;&nbsp; 6237197 |
| AT&T, Inc. (Diversified Telecom. Svs.) | &nbsp;&nbsp; 37347 | &nbsp;&nbsp; 1082689 |
| Comcast Corp. Class A (Diversified Telecom. Svs.) | &nbsp;&nbsp; 27915 | &nbsp;&nbsp; 801440 |
| Fox Corp. Class B (Media) | &nbsp;&nbsp; 650 | &nbsp;&nbsp; 34515 |
| Meta Platforms, Inc. Class A (Interactive Media & Svs.) | &nbsp;&nbsp; 9340 | &nbsp;&nbsp; 5343694 |
| Netflix, Inc. (Entertainment)<br> (a) | &nbsp;&nbsp; 21242 | &nbsp;&nbsp; 2042418 |
| Roku, Inc. (Entertainment)<br> (a) | &nbsp;&nbsp; 4456 | &nbsp;&nbsp; 421627 |
| Take-Two Interactive Software, Inc. (Entertainment)<br> (a) | &nbsp;&nbsp; 4210 | &nbsp;&nbsp; 831475 |
| T-Mobile U.S., Inc. (Wireless Telecom. Svs.) | &nbsp;&nbsp; 3528 | &nbsp;&nbsp; 740986 |
| Trade Desk, Inc. / The Class A (Media)<br> (a) | &nbsp;&nbsp; 16130 | &nbsp;&nbsp; 365990 |
|  |  | &nbsp;&nbsp; 26162767 |
| **Consumer Discretionary–7.5%** |  |  |
| Amazon.com, Inc. (Broadline Retail)<br> (a) | &nbsp;&nbsp; 52020 | &nbsp;&nbsp; 10834205 |
| Booking Holdings, Inc. (Hotels, Restaurants & Leisure) | &nbsp;&nbsp; 268 | &nbsp;&nbsp; 1128366 |
| BorgWarner, Inc. (Automobile Components) | &nbsp;&nbsp; 12106 | &nbsp;&nbsp; 656872 |
| Carnival Corp. (Hotels, Restaurants & Leisure) | &nbsp;&nbsp; 14504 | &nbsp;&nbsp; 375364 |
| Chipotle Mexican Grill, Inc. (Hotels, Restaurants & Leisure)<br> (a) | &nbsp;&nbsp; 29240 | &nbsp;&nbsp; 935972 |
| Garmin Ltd. (Household Durables) | &nbsp;&nbsp; 1602 | &nbsp;&nbsp; 371680 |
| Home Depot, Inc. / The (Specialty Retail) | &nbsp;&nbsp; 3014 | &nbsp;&nbsp; 991274 |
| McDonald's Corp. (Hotels, Restaurants & Leisure) | &nbsp;&nbsp; 2550 | &nbsp;&nbsp; 792515 |
| MercadoLibre, Inc. (Broadline Retail)<br> (a) | &nbsp;&nbsp; 269 | &nbsp;&nbsp; 465106 |
| O'Reilly Automotive, Inc. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 4726 | &nbsp;&nbsp; 436257 |
| Tesla, Inc. (Automobiles)<br> (a) | &nbsp;&nbsp; 10814 | &nbsp;&nbsp; 4020104 |
| TJX Cos., Inc. / The (Specialty Retail) | &nbsp;&nbsp; 17422 | &nbsp;&nbsp; 2782293 |
| Toll Brothers, Inc. (Household Durables) | &nbsp;&nbsp; 7027 | &nbsp;&nbsp; 958975 |
| Viking Holdings Ltd. (Hotels, Restaurants & Leisure)<br> (a) | &nbsp;&nbsp; 6033 | &nbsp;&nbsp; 443305 |
|  |  | &nbsp;&nbsp; 25192288 |
| **Consumer Staples–3.4%** |  |  |
| Altria Group, Inc. (Tobacco) | &nbsp;&nbsp; 8664 | &nbsp;&nbsp; 571737 |
| Coca-Cola Co. / The (Beverages) | &nbsp;&nbsp; 17815 | &nbsp;&nbsp; 1354831 |
| Costco Wholesale Corp. (Consumer Staples Distribution & Retail) | &nbsp;&nbsp; 3496 | &nbsp;&nbsp; 3483519 |
| General Mills, Inc. (Food Products) | &nbsp;&nbsp; 14722 | &nbsp;&nbsp; 547953 |
| Procter & Gamble Co. / The (Household Products) | &nbsp;&nbsp; 17801 | &nbsp;&nbsp; 2571177 |
| Target Corp. (Consumer Staples Distribution & Retail) | &nbsp;&nbsp; 3141 | &nbsp;&nbsp; 380689 |
| Walmart, Inc. (Consumer Staples Distribution & Retail) | &nbsp;&nbsp; 20424 | &nbsp;&nbsp; 2538295 |
|  |  | &nbsp;&nbsp; 11448201 |
| **Energy–2.7%** |  |  |
| Chevron Corp. (Oil, Gas & Consumable Fuels) | &nbsp;&nbsp; 15153 | &nbsp;&nbsp; 3135156 |
| Devon Energy Corp. (Oil, Gas & Consumable Fuels) | &nbsp;&nbsp; 29168 | &nbsp;&nbsp; 1467734 |
| Exxon Mobil Corp. (Oil, Gas & Consumable Fuels) | &nbsp;&nbsp; 8038 | &nbsp;&nbsp; 1363727 |
| Kinder Morgan, Inc. (Oil, Gas & Consumable Fuels) | &nbsp;&nbsp; 15464 | &nbsp;&nbsp; 518508 |
| Marathon Petroleum Corp. (Oil, Gas & Consumable Fuels) | &nbsp;&nbsp; 1947 | &nbsp;&nbsp; 475418 |
| Phillips 66 (Oil, Gas & Consumable Fuels) | &nbsp;&nbsp; 5523 | &nbsp;&nbsp; 1006180 |
| SLB Ltd. (Energy Equip. & Svs.) | &nbsp;&nbsp; 8563 | &nbsp;&nbsp; 440053 |
| Valero Energy Corp. (Oil, Gas & Consumable Fuels) | &nbsp;&nbsp; 2281 | &nbsp;&nbsp; 563589 |
|  |  | &nbsp;&nbsp; 8970365 |
| **Financials–9.2%** |  |  |
| American Express Co. (Consumer Finance) | &nbsp;&nbsp; 1894 | &nbsp;&nbsp; 572897 |
| Bank of America Corp. (Banks) | &nbsp;&nbsp; 75119 | &nbsp;&nbsp; 3662051 |
| Berkshire Hathaway, Inc. Class B (Financial Services)<br> (a) | &nbsp;&nbsp; 5040 | &nbsp;&nbsp; 2415168 |
| Capital One Financial Corp. (Consumer Finance) | &nbsp;&nbsp; 4433 | &nbsp;&nbsp; 808712 |
| Charles Schwab Corp. / The (Capital Markets) | &nbsp;&nbsp; 23691 | &nbsp;&nbsp; 2226480 |
| Citigroup, Inc. (Banks) | &nbsp;&nbsp; 9416 | &nbsp;&nbsp; 1067869 |
| CME Group, Inc. (Capital Markets) | &nbsp;&nbsp; 2212 | &nbsp;&nbsp; 653314 |
| Credicorp Ltd. (Banks) | &nbsp;&nbsp; 1686 | &nbsp;&nbsp; 571858 |
| Goldman Sachs Group, Inc. / The (Capital Markets) | &nbsp;&nbsp; 1684 | &nbsp;&nbsp; 1424647 |
| Huntington Bancshares, Inc. (Banks) | &nbsp;&nbsp; 28073 | &nbsp;&nbsp; 439342 |
| Intercontinental Exchange, Inc. (Capital Markets) | &nbsp;&nbsp; 6042 | &nbsp;&nbsp; 950286 |
| JPMorgan Chase & Co. (Banks) | &nbsp;&nbsp; 12649 | &nbsp;&nbsp; 3720830 |
| Mastercard, Inc. Class A (Financial Services) | &nbsp;&nbsp; 3924 | &nbsp;&nbsp; 1960666 |
| MetLife, Inc. (Insurance) | &nbsp;&nbsp; 7429 | &nbsp;&nbsp; 525379 |
| Morgan Stanley (Capital Markets) | &nbsp;&nbsp; 15676 | &nbsp;&nbsp; 2579799 |
| Progressive Corp. / The (Insurance) | &nbsp;&nbsp; 5732 | &nbsp;&nbsp; 1136312 |
| Travelers Cos., Inc. / The (Insurance) | &nbsp;&nbsp; 8202 | &nbsp;&nbsp; 2392359 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP BlackRock Balanced Allocation Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Financials (continued)** |  |  |
| Visa, Inc. (Financial Services) | &nbsp;&nbsp; 10866 | &nbsp;&nbsp; $3284140 |
| Wells Fargo & Co. (Banks) | &nbsp;&nbsp; 10587 | &nbsp;&nbsp; 842831 |
|  |  | &nbsp;&nbsp; 31234940 |
| **Health Care–6.6%** |  |  |
| AbbVie, Inc. (Biotechnology) | &nbsp;&nbsp; 9172 | &nbsp;&nbsp; 1994818 |
| Amgen, Inc. (Biotechnology) | &nbsp;&nbsp; 3109 | &nbsp;&nbsp; 1093902 |
| Biogen, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 2910 | &nbsp;&nbsp; 533490 |
| Boston Scientific Corp. (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 16273 | &nbsp;&nbsp; 1021131 |
| Bristol-Myers Squibb Co. (Pharmaceuticals) | &nbsp;&nbsp; 49238 | &nbsp;&nbsp; 2986285 |
| Cardinal Health, Inc. (Health Care Providers & Svs.) | &nbsp;&nbsp; 6773 | &nbsp;&nbsp; 1431203 |
| Eli Lilly & Co. (Pharmaceuticals) | &nbsp;&nbsp; 3006 | &nbsp;&nbsp; 2764829 |
| Gilead Sciences, Inc. (Biotechnology) | &nbsp;&nbsp; 6670 | &nbsp;&nbsp; 929598 |
| HCA Healthcare, Inc. (Health Care Providers & Svs.) | &nbsp;&nbsp; 1823 | &nbsp;&nbsp; 862716 |
| Intuitive Surgical, Inc. (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 1716 | &nbsp;&nbsp; 791059 |
| Johnson & Johnson (Pharmaceuticals) | &nbsp;&nbsp; 3528 | &nbsp;&nbsp; 862384 |
| McKesson Corp. (Health Care Providers & Svs.) | &nbsp;&nbsp; 991 | &nbsp;&nbsp; 857572 |
| Natera, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 2745 | &nbsp;&nbsp; 548973 |
| Pfizer, Inc. (Pharmaceuticals) | &nbsp;&nbsp; 41968 | &nbsp;&nbsp; 1178461 |
| Regeneron Pharmaceuticals, Inc. (Biotechnology) | &nbsp;&nbsp; 1264 | &nbsp;&nbsp; 976617 |
| Stryker Corp. (Health Care Equip. & Supplies) | &nbsp;&nbsp; 2826 | &nbsp;&nbsp; 928595 |
| UnitedHealth Group, Inc. (Health Care Providers & Svs.) | &nbsp;&nbsp; 5491 | &nbsp;&nbsp; 1485810 |
| Veeva Systems, Inc. Class A (Health Care Technology)<br> (a) | &nbsp;&nbsp; 1685 | &nbsp;&nbsp; 295987 |
| Vertex Pharmaceuticals, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 1586 | &nbsp;&nbsp; 708212 |
|  |  | &nbsp;&nbsp; 22251642 |
| **Industrials–6.5%** |  |  |
| 3M Co. (Industrial Conglomerates) | &nbsp;&nbsp; 19737 | &nbsp;&nbsp; 2866405 |
| Boeing Co. / The (Aerospace & Defense)<br> (a) | &nbsp;&nbsp; 2592 | &nbsp;&nbsp; 515886 |
| Caterpillar, Inc. (Machinery) | &nbsp;&nbsp; 2786 | &nbsp;&nbsp; 1973770 |
| Comfort Systems U.S.A., Inc. (Construction & Engineering) | &nbsp;&nbsp; 1098 | &nbsp;&nbsp; 1514131 |
| Copart, Inc. (Commercial Svs. & Supplies)<br> (a) | &nbsp;&nbsp; 12427 | &nbsp;&nbsp; 412576 |
| Eaton Corp. PLC (Electrical Equip.) | &nbsp;&nbsp; 4132 | &nbsp;&nbsp; 1477892 |
| GE Vernova, Inc. (Electrical Equip.) | &nbsp;&nbsp; 1098 | &nbsp;&nbsp; 958444 |
| General Dynamics Corp. (Aerospace & Defense) | &nbsp;&nbsp; 1197 | &nbsp;&nbsp; 410834 |
| General Electric Co. (Operating as "GE Aerospace") (Aerospace & Defense) | &nbsp;&nbsp; 4323 | &nbsp;&nbsp; 1226738 |
| HEICO Corp. Class A (Aerospace & Defense) | &nbsp;&nbsp; 1499 | &nbsp;&nbsp; 316424 |
| Illinois Tool Works, Inc. (Machinery) | &nbsp;&nbsp; 1432 | &nbsp;&nbsp; 372735 |
| Leidos Holdings, Inc. (Professional Svs.) | &nbsp;&nbsp; 2679 | &nbsp;&nbsp; 416638 |
| Lockheed Martin Corp. (Aerospace & Defense) | &nbsp;&nbsp; 1933 | &nbsp;&nbsp; 1168286 |
| Northrop Grumman Corp. (Aerospace & Defense) | &nbsp;&nbsp; 949 | &nbsp;&nbsp; 647446 |
| Parker-Hannifin Corp. (Machinery) | &nbsp;&nbsp; 3152 | &nbsp;&nbsp; 2821797 |
| Rockwell Automation, Inc. (Electrical Equip.) | &nbsp;&nbsp; 1040 | &nbsp;&nbsp; 373235 |
| RTX Corp. (Aerospace & Defense) | &nbsp;&nbsp; 11248 | &nbsp;&nbsp; 2169739 |
| Trane Technologies PLC (Building Products) | &nbsp;&nbsp; 2095 | &nbsp;&nbsp; 873070 |
| Union Pacific Corp. (Ground Transportation) | &nbsp;&nbsp; 4654 | &nbsp;&nbsp; 1129153 |
| United Rentals, Inc. (Trading Companies & Distributors) | &nbsp;&nbsp; 484 | &nbsp;&nbsp; 352623 |
|  |  | &nbsp;&nbsp; 21997822 |
| **Information Technology–24.1%** |  |  |
| Adobe, Inc. (Software)<br> (a) | &nbsp;&nbsp; 4437 | &nbsp;&nbsp; 1078546 |
| Advanced Micro Devices, Inc. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 7676 | &nbsp;&nbsp; 1561529 |
| Amphenol Corp. Class A (Electronic Equip., Instr. & Comp.) | &nbsp;&nbsp; 8355 | &nbsp;&nbsp; 1055654 |
| Apple, Inc. (Tech. Hardware, Storage & Periph.) | &nbsp;&nbsp; 74236 | &nbsp;&nbsp; 18840354 |
| Applied Materials, Inc. (Semiconductors & Equip.) | &nbsp;&nbsp; 4925 | &nbsp;&nbsp; 1683316 |
| Arista Networks, Inc. (Communications Equip.)<br> (a) | &nbsp;&nbsp; 4665 | &nbsp;&nbsp; 572769 |
| Broadcom, Inc. (Semiconductors & Equip.) | &nbsp;&nbsp; 22222 | &nbsp;&nbsp; 6877931 |
| Dell Technologies, Inc. Class C (Tech. Hardware, Storage & Periph.) | &nbsp;&nbsp; 2719 | &nbsp;&nbsp; 446269 |
| Intel Corp. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 18126 | &nbsp;&nbsp; 799900 |
| Lam Research Corp. (Semiconductors & Equip.) | &nbsp;&nbsp; 11010 | &nbsp;&nbsp; 2352397 |
| Lumentum Holdings, Inc. (Communications Equip.)<br> (a) | &nbsp;&nbsp; 466 | &nbsp;&nbsp; 327486 |
| Micron Technology, Inc. (Semiconductors & Equip.) | &nbsp;&nbsp; 7309 | &nbsp;&nbsp; 2469273 |
| Microsoft Corp. (Software) | &nbsp;&nbsp; 37915 | &nbsp;&nbsp; 14034996 |
| Motorola Solutions, Inc. (Communications Equip.) | &nbsp;&nbsp; 3272 | &nbsp;&nbsp; 1419950 |
| NVIDIA Corp. (Semiconductors & Equip.) | &nbsp;&nbsp; 122292 | &nbsp;&nbsp; 21327725 |
| Oracle Corp. (Software) | &nbsp;&nbsp; 3596 | &nbsp;&nbsp; 529008 |
| Palantir Technologies, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 6891 | &nbsp;&nbsp; 1008015 |
| QUALCOMM, Inc. (Semiconductors & Equip.) | &nbsp;&nbsp; 6765 | &nbsp;&nbsp; 871197 |
| Salesforce, Inc. (Software) | &nbsp;&nbsp; 7545 | &nbsp;&nbsp; 1408425 |
| Sandisk Corp. (Tech. Hardware, Storage & Periph.)<br> (a) | &nbsp;&nbsp; 890 | &nbsp;&nbsp; 565453 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP BlackRock Balanced Allocation Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Information Technology (continued)** |  |  |
| Seagate Technology Holdings PLC (Tech. Hardware, Storage & Periph.) | &nbsp;&nbsp; 977 | &nbsp;&nbsp; $382749 |
| ServiceNow, Inc. (Software)<br> (a) | &nbsp;&nbsp; 2795 | &nbsp;&nbsp; 292217 |
| Synopsys, Inc. (Software)<br> (a) | &nbsp;&nbsp; 1149 | &nbsp;&nbsp; 455555 |
| Texas Instruments, Inc. (Semiconductors & Equip.) | &nbsp;&nbsp; 2715 | &nbsp;&nbsp; 527090 |
| Western Digital Corp. (Tech. Hardware, Storage & Periph.) | &nbsp;&nbsp; 2163 | &nbsp;&nbsp; 585070 |
|  |  | &nbsp;&nbsp; 81472874 |
| **Materials–1.3%** |  |  |
| Alcoa Corp. (Metals & Mining) | &nbsp;&nbsp; 11594 | &nbsp;&nbsp; 769030 |
| Freeport-McMoRan, Inc. (Metals & Mining) | &nbsp;&nbsp; 25048 | &nbsp;&nbsp; 1472321 |
| LyondellBasell Industries N.V. Class A (Chemicals) | &nbsp;&nbsp; 5321 | &nbsp;&nbsp; 428660 |
| Newmont Corp. (Metals & Mining) | &nbsp;&nbsp; 8093 | &nbsp;&nbsp; 876067 |
| Solstice Advanced Materials, Inc. (Chemicals) | &nbsp;&nbsp; 5053 | &nbsp;&nbsp; 384837 |
| Vulcan Materials Co. (Construction Materials) | &nbsp;&nbsp; 1842 | &nbsp;&nbsp; 501577 |
|  |  | &nbsp;&nbsp; 4432492 |
| **Real Estate–1.0%** |  |  |
| American Tower Corp. (Specialized REITs) | &nbsp;&nbsp; 4625 | &nbsp;&nbsp; 798183 |
| CubeSmart (Specialized REITs) | &nbsp;&nbsp; 13971 | &nbsp;&nbsp; 512037 |
| Equinix, Inc. (Specialized REITs) | &nbsp;&nbsp; 399 | &nbsp;&nbsp; 391116 |
| Ventas, Inc. (Health Care REITs) | &nbsp;&nbsp; 6166 | &nbsp;&nbsp; 504255 |
| VICI Properties, Inc. (Specialized REITs) | &nbsp;&nbsp; 45878 | &nbsp;&nbsp; 1253387 |
|  |  | &nbsp;&nbsp; 3458978 |
| **Utilities–1.6%** |  |  |
| Ameren Corp. (Multi-Utilities) | &nbsp;&nbsp; 4842 | &nbsp;&nbsp; 532233 |
| Edison International (Electric Utilities) | &nbsp;&nbsp; 11178 | &nbsp;&nbsp; 818006 |
| NextEra Energy, Inc. (Electric Utilities) | &nbsp;&nbsp; 5925 | &nbsp;&nbsp; 550314 |
| PG&E Corp. (Electric Utilities) | &nbsp;&nbsp; 33507 | &nbsp;&nbsp; 588718 |
| Pinnacle West Capital Corp. (Electric Utilities) | &nbsp;&nbsp; 4915 | &nbsp;&nbsp; 495186 |
| Portland General Electric Co. (Electric Utilities) | &nbsp;&nbsp; 7994 | &nbsp;&nbsp; 421843 |
| Vistra Corp. (Ind. Power & Renewable Elec.) | &nbsp;&nbsp; 4793 | &nbsp;&nbsp; 720532 |
| WEC Energy Group, Inc. (Multi-Utilities) | &nbsp;&nbsp; 9593 | &nbsp;&nbsp; 1110582 |
|  |  | &nbsp;&nbsp; 5237414 |
| **Total Common Stocks (Cost $181,377,306)** |  | &nbsp;&nbsp; $241859783 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Corporate Bonds–24.7%** | **Rate** | **Maturity** | **Face Amount** | **Value** |
| **Communication Services–1.3%** |  |  |  |  |
| Comcast Corp. (Diversified Telecom. Svs.) | 3.250% | 11/01/2039 | &nbsp;&nbsp; $1000000 | &nbsp;&nbsp; $772017 |
| Cox Communications, Inc. (Media)<br> (b) | 4.500% | 06/30/2043 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 760240 |
| Meta Platforms, Inc. (Interactive Media & Svs.) | 5.625% | 11/15/2055 | &nbsp;&nbsp; 1250000 | &nbsp;&nbsp; 1171738 |
| Time Warner Cable LLC (Media) | 6.550% | 05/01/2037 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1008196 |
| Verizon Communications, Inc. (Diversified Telecom. Svs.) | 4.125% | 08/15/2046 | &nbsp;&nbsp; 750000 | &nbsp;&nbsp; 596583 |
|  |  |  |  | &nbsp;&nbsp; 4308774 |
| **Consumer Discretionary–0.5%** |  |  |  |  |
| Lowe's Cos., Inc. (Specialty Retail) | 3.000% | 10/15/2050 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 617862 |
| Mattel, Inc. (Leisure Products) | 5.000% | 11/17/2030 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 496919 |
| Royal Caribbean Cruises Ltd. (Hotels, Restaurants & Leisure) | 5.250% | 02/27/2038 | &nbsp;&nbsp; 600000 | &nbsp;&nbsp; 570789 |
|  |  |  |  | &nbsp;&nbsp; 1685570 |
| **Consumer Staples–0.5%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Coty, Inc. / HFC Prestige Products, Inc. / HFC Prestige International U.S. LLC (Personal Care <br> Products)<br>(b) | 5.600% | 01/15/2031 | &nbsp;&nbsp; 600000 | &nbsp;&nbsp; 580821 |
| &nbsp;&nbsp;&nbsp; JBS N.V. / JBS U.S.A. Foods Group Holdings, Inc. / JBS U.S.A. Food Co. Holdings <br> (Food Products)<br>| 6.375% | 04/15/2066 | &nbsp;&nbsp; 400000 | &nbsp;&nbsp; 392505 |
| Kraft Heinz Foods Co. (Food Products) | 4.625% | 10/01/2039 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 881627 |
|  |  |  |  | &nbsp;&nbsp; 1854953 |
| **Energy–1.6%** |  |  |  |  |
| Energy Transfer LP (Oil, Gas & Consumable Fuels) | 5.700% | 04/01/2035 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1027031 |
| Energy Transfer LP (Oil, Gas & Consumable Fuels) | 6.300% | 01/15/2056 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 984687 |
| Occidental Petroleum Corp. (Oil, Gas & Consumable Fuels) | 5.550% | 10/01/2034 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1016961 |
| Occidental Petroleum Corp. (Oil, Gas & Consumable Fuels) | 6.050% | 10/01/2054 | &nbsp;&nbsp; 700000 | &nbsp;&nbsp; 680679 |
| Western Midstream Operating LP (Oil, Gas & Consumable Fuels) | 5.500% | 12/15/2035 | &nbsp;&nbsp; 750000 | &nbsp;&nbsp; 737576 |
| Williams Cos., Inc. / The (Oil, Gas & Consumable Fuels) | 5.950% | 03/15/2056 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 984185 |
|  |  |  |  | &nbsp;&nbsp; 5431119 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP BlackRock Balanced Allocation Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Corporate Bonds (Continued)** | **Rate** | **Maturity** | **Face Amount** | **Value** |
| **Financials–13.0%** |  |  |  |  |
| Antares Holdings LP (Capital Markets)<br> (b) | 2.750% | 01/15/2027 | &nbsp;&nbsp; $1000000 | &nbsp;&nbsp; $979101 |
| Apollo Debt Solutions BDC (Capital Markets) | 6.700% | 07/29/2031 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1011678 |
| Ares Capital Corp. (Capital Markets) | 5.250% | 04/12/2031 | &nbsp;&nbsp; 375000 | &nbsp;&nbsp; 362509 |
| Ares Strategic Income Fund (Capital Markets)<br> (b) | 5.550% | 04/15/2031 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 957977 |
| Aviation Capital Group LLC (Financial Services)<br> (b) | 4.250% | 04/30/2029 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 985422 |
| Bain Capital Specialty Finance, Inc. (Capital Markets) | 5.950% | 03/01/2031 | &nbsp;&nbsp; 750000 | &nbsp;&nbsp; 715520 |
| Bank of Nova Scotia / The (Rate is fixed until 10/27/2035, then H15T5Y + 273) (Banks)<br> (c) | 6.875% | 10/27/2085 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1473536 |
| Barclays PLC (Rate is fixed until 02/24/2036, then SOFR + 151) (Banks)<br> (c) | 5.207% | 02/24/2037 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 967786 |
| BGC Group, Inc. (Capital Markets) | 6.150% | 04/02/2030 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1017094 |
| Blackstone Secured Lending Fund (Capital Markets) | 5.250% | 09/04/2029 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 979772 |
| BPCE SA (Rate is fixed until 01/13/2046, then SOFR + 211) (Banks)<br> (b)(c) | 6.347% | 01/13/2047 | &nbsp;&nbsp; 750000 | &nbsp;&nbsp; 717649 |
| &nbsp;&nbsp;&nbsp; Canadian Imperial Bank of Commerce (Rate is fixed until 07/28/2031, then H15T5Y + 273) <br> (Banks)<br>(c) | 6.500% | 07/28/2086 | &nbsp;&nbsp; 1100000 | &nbsp;&nbsp; 1075220 |
| &nbsp;&nbsp;&nbsp; Capital One Financial Corp. (Rate is fixed until 09/11/2030, then SOFR + 125) <br> (Consumer Finance)<br>(c) | 4.493% | 09/11/2031 | &nbsp;&nbsp; 600000 | &nbsp;&nbsp; 589119 |
| Capital One N.A. (Banks) | USISOA05 + 173 | 08/09/2028 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1024325 |
| Charles Schwab Corp. / The (Rate is fixed until 11/14/2035, then SOFR + 123) (Capital Markets)<br> (c) | 4.914% | 11/14/2036 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 486007 |
| Citizens Financial Group, Inc. (Rate is fixed until 01/29/2031, then H15T5Y + 145) (Banks)<br> (c) | 5.299% | 01/29/2036 | &nbsp;&nbsp; 750000 | &nbsp;&nbsp; 743248 |
| Fifth Third Bank N.A. (Rate is fixed until 08/25/2032, then SOFR + 261) (Banks)<br> (c) | 5.332% | 08/25/2033 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1001768 |
| First Citizens BancShares, Inc. (Rate is fixed until 09/05/2030, then H15T5Y + 185) (Banks)<br> (c) | 5.600% | 09/05/2035 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 977375 |
| First Horizon Bank (Banks) | 5.750% | 05/01/2030 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1014869 |
| Goldman Sachs Private Credit Corp. (Capital Markets)<br> (b) | 5.875% | 01/31/2031 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 970199 |
| HPS Corporate Lending Fund (Capital Markets)<br> (b) | 5.650% | 04/02/2031 | &nbsp;&nbsp; 1375000 | &nbsp;&nbsp; 1319031 |
| HPS Corporate Lending Fund (Capital Markets) | 5.950% | 04/14/2032 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 483082 |
| Intesa Sanpaolo SpA (Rate is fixed until 06/01/2041, then H15T1Y + 275) (Banks)<br> (b)(c) | 4.950% | 06/01/2042 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 418751 |
| JPMorgan Chase & Co. (Rate is fixed until 10/22/2035, then SOFR + 119) (Banks)<br> (c) | 4.810% | 10/22/2036 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 194193 |
| Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp. (Mortgage REIT)<br> (b) | 7.000% | 07/15/2031 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1033726 |
| M&T Bank Corp. (Rate is fixed until 07/30/2030, then H15T5Y + 143) (Banks)<br> (c) | 5.400% | 07/30/2035 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 996784 |
| MetLife, Inc. (Rate is fixed until 03/15/2036, then H15T5Y + 182) (Insurance)<br> (c) | 5.850% | 03/15/2056 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 981492 |
| Morgan Stanley (Rate is fixed until 07/19/2034, then SOFR + 156) (Capital Markets)<br> (c) | 5.320% | 07/19/2035 | &nbsp;&nbsp; 900000 | &nbsp;&nbsp; 903121 |
| Morgan Stanley (Rate is fixed until 10/22/2035, then SOFR + 131) (Capital Markets)<br> (c) | 4.892% | 10/22/2036 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 966705 |
| Morgan Stanley (Rate is fixed until 04/20/2032, then SOFR + 262) (Capital Markets)<br> (c) | 5.297% | 04/20/2037 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 997567 |
| MSD Investment Corp. (Capital Markets)<br> (b) | 6.125% | 02/05/2031 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 484866 |
| Oaktree Strategic Credit Fund (Capital Markets) | 6.500% | 07/23/2029 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1002481 |
| Old National Bancorp (Rate is fixed until 02/15/2031, then TSFR3M + 220) (Banks)<br> (c) | 5.768% | 02/15/2036 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 995169 |
| Pinnacle Bank (Rate is fixed until 01/15/2031, then H15T5Y + 230) (Banks)<br> (c) | 5.957% | 01/15/2036 | &nbsp;&nbsp; 900000 | &nbsp;&nbsp; 891321 |
| Prudential Financial, Inc. (Rate is fixed until 09/15/2027, then QL + 238) (Insurance)<br> (c) | 4.500% | 09/15/2047 | &nbsp;&nbsp; 700000 | &nbsp;&nbsp; 682785 |
| Santander Holdings U.S.A., Inc. (Rate is fixed until 01/06/2027, then SOFR + 125) (Banks)<br> (c) | 2.490% | 01/06/2028 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 983061 |
| Sixth Street Lending Partners (Capital Markets) | 6.125% | 07/15/2030 | &nbsp;&nbsp; 600000 | &nbsp;&nbsp; 596485 |
| Stellantis Finance U.S., Inc. (Consumer Finance)<br> (b) | 2.691% | 09/15/2031 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 845154 |
| Synchrony Financial (Rate is fixed until 07/29/2035, then SOFR + 207) (Consumer Finance)<br> (c) | 6.000% | 07/29/2036 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 986323 |
| Texas Capital Bancshares, Inc. (Rate is fixed until 02/27/2031, then SOFR + 194) (Banks)<br> (c) | 5.301% | 02/27/2032 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 985955 |
| Toronto-Dominion Bank / The (Rate is fixed until 10/31/2030, then H15T5Y + 272) (Banks)<br> (c) | 6.350% | 10/31/2085 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 983883 |
| Truist Bank (Rate is fixed until 09/17/2029, then H15T5Y + 115) (Banks)<br> (c) | 4.632% | 09/17/2029 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 991417 |
| UBS Group AG (Rate is fixed until 07/08/2036, then USISSO05 + 332) (Capital Markets)<br> (b)(c) | 7.000% | Perpetual | &nbsp;&nbsp; 750000 | &nbsp;&nbsp; 725040 |
| UBS Group AG (Rate is fixed until 08/05/2035, then USISSO05 + 330) (Capital Markets)<br> (b)(c) | 7.000% | Perpetual | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 486039 |
| UBS Group AG (Rate is fixed until 03/23/2036, then SOFR + 134) (Capital Markets)<br> (b)(c) | 5.010% | 03/23/2037 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 967059 |
| Unum Group (Insurance) | 5.250% | 12/15/2035 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 978047 |
| Webster Financial Corp. (Rate is fixed until 09/11/2030, then H15T5Y + 213) (Banks)<br> (c) | 5.784% | 09/11/2035 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1015593 |
| Wells Fargo & Co. (Rate is fixed until 04/30/2040, then SOFR + 253) (Banks)<br> (c) | 3.068% | 04/30/2041 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 750753 |
| Willis North America, Inc. (Insurance) | 5.150% | 03/15/2036 | &nbsp;&nbsp; 800000 | &nbsp;&nbsp; 779074 |
| Zions Bancorp N.A. (Rate is fixed until 08/18/2027, then SOFR + 116) (Banks)<br> (c) | 4.704% | 08/18/2028 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 991097 |
| Zions Bancorp N.A. (Rate is fixed until 02/09/2028, then SOFR + 106) (Banks)<br> (c) | 4.483% | 02/09/2029 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 496267 |
|  |  |  |  | &nbsp;&nbsp; 43962495 |
| **Health Care–0.3%** |  |  |  |  |
| Baxter International, Inc. (Health Care Equip. & Supplies) | 5.650% | 12/15/2035 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 488312 |
| Viatris, Inc. (Pharmaceuticals) | 4.000% | 06/22/2050 | &nbsp;&nbsp; 750000 | &nbsp;&nbsp; 491555 |
|  |  |  |  | &nbsp;&nbsp; 979867 |
| **Industrials–0.2%** |  |  |  |  |
| Boeing Co. / The (Aerospace & Defense) | 6.858% | 05/01/2054 | &nbsp;&nbsp; 400000 | &nbsp;&nbsp; 440230 |
| TTX Co. (Ground Transportation)<br> (b) | 5.650% | 12/01/2052 | &nbsp;&nbsp; 375000 | &nbsp;&nbsp; 375312 |
|  |  |  |  | &nbsp;&nbsp; 815542 |
| **Information Technology–0.9%** |  |  |  |  |
| Oracle Corp. (Software) | 5.350% | 05/04/2033 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 973479 |
| Oracle Corp. (Software) | 4.300% | 07/08/2034 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 886756 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP BlackRock Balanced Allocation Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Corporate Bonds (Continued)** | **Rate** | **Maturity** | **Face Amount** | **Value** |
| **Information Technology (continued)** |  |  |  |  |
| Salesforce, Inc. (Software) | 5.200% | 03/15/2033 | &nbsp;&nbsp; $637000 | &nbsp;&nbsp; $635912 |
| Salesforce, Inc. (Software) | 5.550% | 03/15/2036 | &nbsp;&nbsp; 637000 | &nbsp;&nbsp; 635019 |
|  |  |  |  | &nbsp;&nbsp; 3131166 |
| **Materials–0.3%** |  |  |  |  |
| Corp. Nacional del Cobre de Chile (Metals & Mining)<br> (b) | 6.330% | 01/13/2035 | &nbsp;&nbsp; 400000 | &nbsp;&nbsp; 416880 |
| Westlake Corp. (Chemicals) | 6.375% | 11/15/2055 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 492660 |
|  |  |  |  | &nbsp;&nbsp; 909540 |
| **Real Estate–2.6%** |  |  |  |  |
| Alexandria Real Estate Equities, Inc. (Health Care REITs) | 3.950% | 01/15/2028 | &nbsp;&nbsp; 400000 | &nbsp;&nbsp; 395744 |
| American Tower Corp. (Specialized REITs) | 4.700% | 12/15/2032 | &nbsp;&nbsp; 400000 | &nbsp;&nbsp; 393045 |
| Brixmor Operating Partnership LP (Retail REITs) | 4.850% | 02/15/2033 | &nbsp;&nbsp; 660000 | &nbsp;&nbsp; 648292 |
| COPT Defense Properties LP (Office REITs) | 4.500% | 10/15/2030 | &nbsp;&nbsp; 650000 | &nbsp;&nbsp; 641602 |
| Cousins Properties LP (Office REITs) | 4.875% | 03/01/2033 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 962770 |
| Essential Properties LP (Diversified REITs) | 5.400% | 12/01/2035 | &nbsp;&nbsp; 700000 | &nbsp;&nbsp; 688102 |
| Kilroy Realty LP (Office REITs) | 4.250% | 08/15/2029 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 966701 |
| Phillips Edison Grocery Center Operating Partnership I LP (Retail REITs) | 4.750% | 03/15/2033 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 975786 |
| Piedmont Operating Partnership LP (Office REITs) | 5.625% | 01/15/2033 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 971752 |
| Safehold GL Holdings LLC (Specialized REITs) | 5.650% | 01/15/2035 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1011335 |
| Store Capital LLC (Retail REITs) | 5.400% | 04/30/2030 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1004605 |
|  |  |  |  | &nbsp;&nbsp; 8659734 |
| **Utilities–3.5%** |  |  |  |  |
| AEP Transmission Co. LLC (Electric Utilities) | 4.000% | 12/01/2046 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 785925 |
| AEP Transmission Co. LLC (Electric Utilities) | 3.750% | 12/01/2047 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 740109 |
| Commonwealth Edison Co. (Electric Utilities) | 4.350% | 11/15/2045 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 827779 |
| Commonwealth Edison Co. (Electric Utilities) | 5.650% | 06/01/2054 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 974536 |
| Connecticut Light & Power Co. / The (Electric Utilities) | 4.000% | 04/01/2048 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 776179 |
| Consolidated Edison Co. of New York, Inc. (Electric Utilities) | 5.700% | 05/15/2054 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 979719 |
| Dominion Energy, Inc. (Rate is fixed until 02/15/2031, then H15T5Y + 226) (Multi-Utilities)<br> (c) | 6.000% | 02/15/2056 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 496814 |
| Duke Energy Corp. (Electric Utilities) | 3.750% | 09/01/2046 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 737909 |
| Duke Energy Indiana LLC (Electric Utilities) | 3.250% | 10/01/2049 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 674317 |
| Entergy Corp. (Rate is fixed until 06/15/2036, then H15T5Y + 201) (Electric Utilities)<br> (c) | 6.100% | 06/15/2056 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 493466 |
| Florida Power & Light Co. (Electric Utilities) | 3.150% | 10/01/2049 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 669352 |
| PacifiCorp (Electric Utilities) | 5.800% | 04/15/2036 | &nbsp;&nbsp; 650000 | &nbsp;&nbsp; 655209 |
| PacifiCorp (Rate is fixed until 08/15/2031, then H15T5Y + 329) (Electric Utilities)<br> (c) | 7.125% | 08/15/2056 | &nbsp;&nbsp; 750000 | &nbsp;&nbsp; 708509 |
| Public Service Electric & Gas Co. (Multi-Utilities) | 3.600% | 12/01/2047 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 738567 |
| Sempra (Rate is fixed until 04/01/2031, then H15T5Y + 263) (Multi-Utilities)<br> (c) | 6.375% | 04/01/2056 | &nbsp;&nbsp; 650000 | &nbsp;&nbsp; 652927 |
| Xcel Energy, Inc. (Rate is fixed until 12/03/2031, then H15T5Y + 217) (Electric Utilities)<br> (c) | 5.750% | 12/03/2056 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 976178 |
|  |  |  |  | &nbsp;&nbsp; 11887495 |
| **Total Corporate Bonds (Cost $88,598,476)** |  |  |  | &nbsp;&nbsp; $83626255 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset-Backed Securities–0.9%** | **Rate** | **Maturity** | **Face Amount** | **Value** |
| **Industrials–0.9%** |  |  |  |  |
| American Airlines 2025-1 Class A Pass Through Trust  | 4.900% | 05/11/2038 | &nbsp;&nbsp; $600000 | &nbsp;&nbsp; $583801 |
| FedEx Corp. 2020-1 Class AA Pass Through Trust  | 1.875% | 02/20/2034 | &nbsp;&nbsp; 1411801 | &nbsp;&nbsp; 1215243 |
| United Airlines 2019-2 Class AA Pass Through Trust  | 2.700% | 05/01/2032 | &nbsp;&nbsp; 1279885 | &nbsp;&nbsp; 1176383 |
| **Total Asset-Backed Securities (Cost $3,237,322)** |  |  |  | &nbsp;&nbsp; $2975427 |

---

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

---

| | | | |
|:---|:---|:---|:---|
| **Preferred Securities–0.8%** | **Rate** | **Quantity** | **Value** |
| **Financials–0.8%** |  |  |  |
| Bank of America Corp. DR (Rate is fixed until 07/26/2030, then H15T5Y + 235) (Banks)<br> (c) | 6.250% | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; $1006023 |
| Huntington Bancshares, Inc. (Rate is fixed until 10/15/2030, then H15T5Y + 265) (Banks)<br> (c) | 6.250% | &nbsp;&nbsp; 600000 | &nbsp;&nbsp; 591180 |
| Wells Fargo & Co. (Rate is fixed until 06/15/2031, then H15T5Y + 234) (Banks)<br> (c) | 6.125% | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1003764 |
| **Total Preferred Securities (Cost $2,600,000)** |  |  | &nbsp;&nbsp; $2600967 |
| **Total Investments – 98.0% (Cost $275,813,104)**<br> (d) |  |  | &nbsp;&nbsp; $331062432 |
| **Other Assets in Excess of Liabilities – 2.0%**<br> (e) |  |  | &nbsp;&nbsp; 6601729 |
| **Net Assets – 100.0%** |  |  | &nbsp;&nbsp; $337664161 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP BlackRock Balanced Allocation Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | |
|:---|:---|
| Abbreviations: | Abbreviations: |
| &nbsp;&nbsp;&nbsp;&nbsp; DR: | Depositary Receipt |
| &nbsp;&nbsp;&nbsp;&nbsp; H15T1Y: | U.S. Treasury Yield Curve Rate T-Note Constant Maturity 1 Year, 3.680% at 3/31/2026 |
| &nbsp;&nbsp;&nbsp;&nbsp; H15T5Y: | U.S. Treasury Yield Curve Rate T-Note Constant Maturity 5 Year, 3.920% at 3/31/2026 |
| &nbsp;&nbsp;&nbsp;&nbsp; QL: | Quarterly U.S. LIBOR Rate. This rate is linked to U.S. LIBOR, which is no longer published. An alternate reference rate will be determined by the issuer <br> prior to the date the security becomes a variable rate instrument.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; REITs: | Real Estate Investment Trusts |
| &nbsp;&nbsp;&nbsp;&nbsp; SOFR: | Secured Overnight Financing Rate, 3.680% at 3/31/2026 |
| &nbsp;&nbsp;&nbsp;&nbsp; TSFR3M: | Quarterly CME Term Secured Overnight Financing Rate ("SOFR"), 3.682% at 3/31/2026 |
| &nbsp;&nbsp;&nbsp;&nbsp; USISOA05: | 5 Year Secured Overnight Financing Rate ("SOFR") Spread-Adjusted ICE Swap Rate, 3.892% at 3/31/2026 |

---

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

---

| | |
|:---|:---|
| Footnotes: | Footnotes: |
| &nbsp;&nbsp;&nbsp;&nbsp; (a) | Non-income producing security. |
| &nbsp;&nbsp;&nbsp;&nbsp; (b) | Security exempt from registration under Regulation D of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, <br> normally to qualified buyers under Rule 144A. At March 31, 2026, the value of these securities totaled $13,023,267, or 3.9% of the Portfolio's net assets.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (c) | Security is a fixed-then-variable rate instrument in which the coupon or dividend rate is fixed until a later specified date, then is adjusted periodically. Rates <br> stated, including interest rate caps and floors, if any, are those in effect at March 31, 2026.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (d) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 4 of the Notes to Schedules of <br> Investments.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (e) | Includes $323,834 of cash pledged as collateral for the futures contracts outstanding at March 31, 2026. See also the following Schedule of Open Futures <br> Contracts.<br>|

---

The accompanying notes are an integral part of these financial statements.

**Schedule of Open Futures Contracts**

**March 31, 2026 (Unaudited)** 

**Long Futures Contracts** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **contracts**<br>| **Expiration Date** | **Notional**<br> **Amount**<br>| **Value** | **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Variation Margin** <br> **Receivable** <br> **(Payable)**<br>|
| CBT U.S. Long Bond - Long | 9 | June 18, 2026 | &nbsp;&nbsp; $1058572 | &nbsp;&nbsp; $1024875 | &nbsp;&nbsp; $(33697)<br>| &nbsp;&nbsp; $3375 |
| CBT U.S. Ultra Bond - Long | 20 | June 18, 2026 | &nbsp;&nbsp; 2409570 | &nbsp;&nbsp; 2331250 | &nbsp;&nbsp; (78320)<br>| &nbsp;&nbsp; 4375 |
| CME E-mini S&P 500 Index - Long | 10 | June 18, 2026 | &nbsp;&nbsp; 3333278 | &nbsp;&nbsp; 3285375 | &nbsp;&nbsp; (47903)<br>| &nbsp;&nbsp; 91250 |
| CBT 2-Year U.S. Treasury Note - Long | 20 | June 30, 2026 | &nbsp;&nbsp; 4179100 | &nbsp;&nbsp; 4148906 | &nbsp;&nbsp; (30196)<br>| &nbsp;&nbsp; 1562 |
|  |  |  | &nbsp;&nbsp; $10980520 | &nbsp;&nbsp; $10790406 | &nbsp;&nbsp; $(190116)<br>| &nbsp;&nbsp; $100562 |

---

**Short Futures Contracts** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **contracts**<br>| **Expiration Date** | **Notional**<br> **Amount**<br>| **Value** | **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Variation Margin** <br> **Receivable** <br> **(Payable)**<br>|
| CBT 10-Year U.S. Treasury Note - Short | 40 | June 18, 2026 | &nbsp;&nbsp; $(4479615)<br>| &nbsp;&nbsp; $(4441875)<br>| &nbsp;&nbsp; $37740 | &nbsp;&nbsp; $(9375)<br>|
| CBT 10-Year U.S. Ultra Bond - Short | 28 | June 18, 2026 | &nbsp;&nbsp; (3249262)<br>| &nbsp;&nbsp; (3178438)<br>| &nbsp;&nbsp; 70824 | &nbsp;&nbsp; (8313)<br>|
|  |  |  | &nbsp;&nbsp; $(7728877)<br>| &nbsp;&nbsp; $(7620313)<br>| &nbsp;&nbsp; $108564 | &nbsp;&nbsp; $(17688)<br>|
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$3251643** | &nbsp;&nbsp; **$3170093** | &nbsp;&nbsp; **$(81552)**<br>| &nbsp;&nbsp; **$82874** |

---

The accompanying notes are an integral part of these financial statements. <br>

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP BlackRock Advantage International Equity Portfolio**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

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

---

| | | |
|:---|:---|:---|
| **Common Stocks–96.1%** | **Shares** | **Value** |
| **Japan–22.8%** |  |  |
| Advantest Corp. (Information Technology)<br> (a) | &nbsp;&nbsp; 16700 | &nbsp;&nbsp; $2259438 |
| Aeon Co. Ltd. (Consumer Staples)<br> (a) | &nbsp;&nbsp; 5000 | &nbsp;&nbsp; 59678 |
| ANA Holdings, Inc. (Industrials)<br> (a) | &nbsp;&nbsp; 5000 | &nbsp;&nbsp; 88901 |
| Asahi Intecc Co. Ltd. (Health Care)<br> (a) | &nbsp;&nbsp; 7300 | &nbsp;&nbsp; 155740 |
| Asahi Kasei Corp. (Materials)<br> (a) | &nbsp;&nbsp; 2200 | &nbsp;&nbsp; 21303 |
| Astellas Pharma, Inc. (Health Care)<br> (a) | &nbsp;&nbsp; 17900 | &nbsp;&nbsp; 292253 |
| Bridgestone Corp. (Consumer Discretionary)<br> (a) | &nbsp;&nbsp; 9100 | &nbsp;&nbsp; 188879 |
| Canon, Inc. (Information Technology)<br> (a) | &nbsp;&nbsp; 19900 | &nbsp;&nbsp; 554207 |
| Chugai Pharmaceutical Co. Ltd. (Health Care)<br> (a) | &nbsp;&nbsp; 1900 | &nbsp;&nbsp; 105124 |
| Dai Nippon Printing Co. Ltd. (Industrials)<br> (a) | &nbsp;&nbsp; 3200 | &nbsp;&nbsp; 58110 |
| Daifuku Co. Ltd. (Industrials)<br> (a) | &nbsp;&nbsp; 4800 | &nbsp;&nbsp; 167699 |
| Dai-ichi Life Group, Inc. (Financials)<br> (a) | &nbsp;&nbsp; 56600 | &nbsp;&nbsp; 517215 |
| Daiichi Sankyo Co. Ltd. (Health Care)<br> (a) | &nbsp;&nbsp; 43300 | &nbsp;&nbsp; 763399 |
| Daikin Industries Ltd. (Industrials)<br> (a) | &nbsp;&nbsp; 6600 | &nbsp;&nbsp; 800685 |
| Daiwa House Industry Co. Ltd. (Real Estate)<br> (a) | &nbsp;&nbsp; 75700 | &nbsp;&nbsp; 2366350 |
| Daiwa Securities Group, Inc. (Financials)<br> (a) | &nbsp;&nbsp; 22700 | &nbsp;&nbsp; 213519 |
| Denso Corp. (Consumer Discretionary)<br> (a) | &nbsp;&nbsp; 83700 | &nbsp;&nbsp; 1039226 |
| ENEOS Holdings, Inc. (Energy)<br> (a) | &nbsp;&nbsp; 350400 | &nbsp;&nbsp; 3126925 |
| FANUC Corp. (Industrials)<br> (a) | &nbsp;&nbsp; 9700 | &nbsp;&nbsp; 337845 |
| &nbsp;&nbsp;&nbsp; Fast Retailing Co. Ltd. <br> (Consumer Discretionary)<br>(a) | &nbsp;&nbsp; 800 | &nbsp;&nbsp; 318410 |
| Fujitsu Ltd. (Information Technology)<br> (a) | &nbsp;&nbsp; 121800 | &nbsp;&nbsp; 2475289 |
| Hitachi Ltd. (Industrials)<br> (a) | &nbsp;&nbsp; 121600 | &nbsp;&nbsp; 3553836 |
| Horiba Ltd. (Information Technology)<br> (a) | &nbsp;&nbsp; 3700 | &nbsp;&nbsp; 431633 |
| Hoya Corp. (Health Care)<br> (a) | &nbsp;&nbsp; 900 | &nbsp;&nbsp; 155246 |
| ITOCHU Corp. (Industrials)<br> (a) | &nbsp;&nbsp; 8400 | &nbsp;&nbsp; 106768 |
| Japan Post Bank Co. Ltd. (Financials)<br> (a) | &nbsp;&nbsp; 28300 | &nbsp;&nbsp; 465596 |
| Japan Post Holdings Co. Ltd. (Financials)<br> (a) | &nbsp;&nbsp; 33000 | &nbsp;&nbsp; 378597 |
| Japan Post Insurance Co. Ltd. (Financials)<br> (a) | &nbsp;&nbsp; 5100 | &nbsp;&nbsp; 51524 |
| Japan Tobacco, Inc. (Consumer Staples)<br> (a) | &nbsp;&nbsp; 23100 | &nbsp;&nbsp; 886358 |
| Kajima Corp. (Industrials)<br> (a) | &nbsp;&nbsp; 10200 | &nbsp;&nbsp; 387478 |
| Kansai Electric Power Co., Inc. / The (Utilities)<br> (a) | &nbsp;&nbsp; 21500 | &nbsp;&nbsp; 354136 |
| Kao Corp. (Consumer Staples)<br> (a) | &nbsp;&nbsp; 9400 | &nbsp;&nbsp; 367306 |
| Kawasaki Kisen Kaisha Ltd. (Industrials)<br> (a) | &nbsp;&nbsp; 3100 | &nbsp;&nbsp; 52189 |
| KDDI Corp. (Communication Services)<br> (a) | &nbsp;&nbsp; 12700 | &nbsp;&nbsp; 217486 |
| &nbsp;&nbsp;&nbsp; Kioxia Holdings Corp. <br> (Information Technology)<br>(a)(b) | &nbsp;&nbsp; 1500 | &nbsp;&nbsp; 190689 |
| Kirin Holdings Co. Ltd. (Consumer Staples)<br> (a) | &nbsp;&nbsp; 10300 | &nbsp;&nbsp; 163878 |
| Kobe Bussan Co. Ltd. (Consumer Staples)<br> (a) | &nbsp;&nbsp; 17700 | &nbsp;&nbsp; 384712 |
| LY Corp. (Communication Services)<br> (a) | &nbsp;&nbsp; 62700 | &nbsp;&nbsp; 151963 |
| Mitsubishi Corp. (Industrials)<br> (a) | &nbsp;&nbsp; 17000 | &nbsp;&nbsp; 583801 |
| Mitsubishi Electric Corp. (Industrials)<br> (a) | &nbsp;&nbsp; 56400 | &nbsp;&nbsp; 1841882 |
| Mitsubishi HC Capital, Inc. (Financials)<br> (a) | &nbsp;&nbsp; 15500 | &nbsp;&nbsp; 138482 |
| Mitsubishi Heavy Industries Ltd. (Industrials)<br> (a) | &nbsp;&nbsp; 84900 | &nbsp;&nbsp; 2316017 |
| &nbsp;&nbsp;&nbsp; Mitsubishi UFJ Financial Group, Inc. <br> (Financials)<br>(a) | &nbsp;&nbsp; 178300 | &nbsp;&nbsp; 3012497 |
| Mitsui & Co. Ltd. (Industrials)<br> (a) | &nbsp;&nbsp; 29000 | &nbsp;&nbsp; 1116508 |
| Mitsui Chemicals, Inc. (Materials)<br> (a) | &nbsp;&nbsp; 6200 | &nbsp;&nbsp; 73903 |
| Mitsui Fudosan Co. Ltd. (Real Estate)<br> (a) | &nbsp;&nbsp; 134300 | &nbsp;&nbsp; 1421506 |
| Mizuho Financial Group, Inc. (Financials)<br> (a) | &nbsp;&nbsp; 39400 | &nbsp;&nbsp; 1572645 |
| &nbsp;&nbsp;&nbsp; MS&AD Insurance Group Holdings, Inc. <br> (Financials)<br>(a) | &nbsp;&nbsp; 20800 | &nbsp;&nbsp; 544325 |
| &nbsp;&nbsp;&nbsp; Murata Manufacturing Co. Ltd. <br> (Information Technology)<br>(a) | &nbsp;&nbsp; 113200 | &nbsp;&nbsp; 2538025 |
| NEC Corp. (Information Technology)<br> (a) | &nbsp;&nbsp; 88600 | &nbsp;&nbsp; 2207348 |
| NGK Corp. (Industrials)<br> (a) | &nbsp;&nbsp; 26800 | &nbsp;&nbsp; 694909 |
| Nintendo Co. Ltd. (Communication Services)<br> (a) | &nbsp;&nbsp; 300 | &nbsp;&nbsp; 17118 |
| Nitto Denko Corp. (Materials)<br> (a) | &nbsp;&nbsp; 26700 | &nbsp;&nbsp; 534189 |
| Nomura Holdings, Inc. (Financials)<br> (a) | &nbsp;&nbsp; 47400 | &nbsp;&nbsp; 374915 |
| &nbsp;&nbsp;&nbsp; Nomura Real Estate Holdings, Inc. <br> (Real Estate)<br>(a) | &nbsp;&nbsp; 36500 | &nbsp;&nbsp; 234892 |
| &nbsp;&nbsp;&nbsp; Nomura Research Institute Ltd. <br> (Information Technology)<br>(a) | &nbsp;&nbsp; 1700 | &nbsp;&nbsp; 47103 |
| Obayashi Corp. (Industrials)<br> (a) | &nbsp;&nbsp; 48700 | &nbsp;&nbsp; 1172795 |
| Ono Pharmaceutical Co. Ltd. (Health Care)<br> (a) | &nbsp;&nbsp; 105400 | &nbsp;&nbsp; 1684211 |
| ORIX Corp. (Financials)<br> (a) | &nbsp;&nbsp; 18700 | &nbsp;&nbsp; 560251 |
| &nbsp;&nbsp;&nbsp; Pan Pacific International Holdings Corp. <br> (Consumer Discretionary)<br>(a) | &nbsp;&nbsp; 267000 | &nbsp;&nbsp; 1637838 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Japan (continued)** |  |  |
| Recruit Holdings Co. Ltd. (Industrials)<br> (a) | &nbsp;&nbsp; 48800 | &nbsp;&nbsp; $2111133 |
| Resona Holdings, Inc. (Financials)<br> (a) | &nbsp;&nbsp; 32900 | &nbsp;&nbsp; 366077 |
| Secom Co. Ltd. (Industrials)<br> (a) | &nbsp;&nbsp; 9400 | &nbsp;&nbsp; 360935 |
| Shimizu Corp. (Industrials)<br> (a) | &nbsp;&nbsp; 39800 | &nbsp;&nbsp; 717473 |
| Shin-Etsu Chemical Co. Ltd. (Materials)<br> (a) | &nbsp;&nbsp; 17300 | &nbsp;&nbsp; 703895 |
| &nbsp;&nbsp;&nbsp; Skylark Holdings Co. Ltd. <br> (Consumer Discretionary)<br>(a) | &nbsp;&nbsp; 2100 | &nbsp;&nbsp; 45380 |
| SoftBank Corp. (Communication Services)<br> (a) | &nbsp;&nbsp; 470000 | &nbsp;&nbsp; 627236 |
| &nbsp;&nbsp;&nbsp; SoftBank Group Corp. <br> (Communication Services)<br>(a) | &nbsp;&nbsp; 44200 | &nbsp;&nbsp; 1062309 |
| Sompo Holdings, Inc. (Financials)<br> (a) | &nbsp;&nbsp; 14300 | &nbsp;&nbsp; 558749 |
| Sony Group Corp. (Consumer Discretionary)<br> (a) | &nbsp;&nbsp; 206400 | &nbsp;&nbsp; 4257278 |
| Sumitomo Chemical Co. Ltd. (Materials)<br> (a) | &nbsp;&nbsp; 476100 | &nbsp;&nbsp; 1536478 |
| &nbsp;&nbsp;&nbsp; Sumitomo Electric Industries Ltd. <br> (Consumer Discretionary)<br>(a) | &nbsp;&nbsp; 11900 | &nbsp;&nbsp; 666343 |
| &nbsp;&nbsp;&nbsp; Sumitomo Mitsui Financial Group, Inc. <br> (Financials)<br>(a) | &nbsp;&nbsp; 74400 | &nbsp;&nbsp; 2452495 |
| Sumitomo Mitsui Trust Group, Inc. (Financials)<br> (a) | &nbsp;&nbsp; 50900 | &nbsp;&nbsp; 1619788 |
| Suzuki Motor Corp. (Consumer Discretionary)<br> (a) | &nbsp;&nbsp; 60100 | &nbsp;&nbsp; 720056 |
| Sysmex Corp. (Health Care)<br> (a) | &nbsp;&nbsp; 26800 | &nbsp;&nbsp; 233639 |
| T&D Holdings, Inc. (Financials)<br> (a) | &nbsp;&nbsp; 7400 | &nbsp;&nbsp; 188080 |
| Taisei Corp. (Industrials)<br> (a) | &nbsp;&nbsp; 4100 | &nbsp;&nbsp; 428178 |
| Takeda Pharmaceutical Co. Ltd. (Health Care)<br> (a) | &nbsp;&nbsp; 19200 | &nbsp;&nbsp; 708304 |
| TDK Corp. (Information Technology)<br> (a) | &nbsp;&nbsp; 42200 | &nbsp;&nbsp; 547144 |
| Terumo Corp. (Health Care)<br> (a) | &nbsp;&nbsp; 89900 | &nbsp;&nbsp; 1203732 |
| Tokio Marine Holdings, Inc. (Financials)<br> (a) | &nbsp;&nbsp; 29100 | &nbsp;&nbsp; 1358906 |
| Tokyo Electron Ltd. (Information Technology)<br> (a) | &nbsp;&nbsp; 15200 | &nbsp;&nbsp; 3717192 |
| Tokyo Gas Co. Ltd. (Utilities)<br> (a) | &nbsp;&nbsp; 4400 | &nbsp;&nbsp; 207754 |
| Toyota Motor Corp. (Consumer Discretionary)<br> (a) | &nbsp;&nbsp; 25200 | &nbsp;&nbsp; 522378 |
| Trend Micro, Inc. (Information Technology)<br> (a) | &nbsp;&nbsp; 5900 | &nbsp;&nbsp; 197026 |
| Unicharm Corp. (Consumer Staples)<br> (a) | &nbsp;&nbsp; 109200 | &nbsp;&nbsp; 635893 |
| Yokohama Financial Group, Inc. (Financials)<br> (a) | &nbsp;&nbsp; 14200 | &nbsp;&nbsp; 126243 |
|  |  | &nbsp;&nbsp; 76414844 |
| **United Kingdom–15.4%** |  |  |
| Admiral Group PLC (Financials)<br> (a) | &nbsp;&nbsp; 4332 | &nbsp;&nbsp; 182754 |
| Anglo American PLC (Materials)<br> (a) | &nbsp;&nbsp; 7696 | &nbsp;&nbsp; 326963 |
| AstraZeneca PLC (Health Care)<br> (a) | &nbsp;&nbsp; 31712 | &nbsp;&nbsp; 6193927 |
| Aviva PLC (Financials)<br> (a) | &nbsp;&nbsp; 3730 | &nbsp;&nbsp; 29711 |
| BAE Systems PLC (Industrials)<br> (a) | &nbsp;&nbsp; 99793 | &nbsp;&nbsp; 2904873 |
| Barclays PLC (Financials)<br> (a) | &nbsp;&nbsp; 813081 | &nbsp;&nbsp; 4284489 |
| BP PLC (Energy)<br> (a) | &nbsp;&nbsp; 256392 | &nbsp;&nbsp; 2021032 |
| &nbsp;&nbsp;&nbsp; British American Tobacco PLC <br> (Consumer Staples)<br>(a) | &nbsp;&nbsp; 11207 | &nbsp;&nbsp; 652816 |
| &nbsp;&nbsp;&nbsp; Compass Group PLC <br> (Consumer Discretionary)<br>(a) | &nbsp;&nbsp; 31661 | &nbsp;&nbsp; 879661 |
| GSK PLC (Health Care)<br> (a) | &nbsp;&nbsp; 80405 | &nbsp;&nbsp; 2205096 |
| Halma PLC (Information Technology)<br> (a) | &nbsp;&nbsp; 15068 | &nbsp;&nbsp; 765522 |
| HSBC Holdings PLC (Financials)<br> (a) | &nbsp;&nbsp; 275903 | &nbsp;&nbsp; 4514664 |
| IG Group Holdings PLC (Financials)<br> (a) | &nbsp;&nbsp; 22415 | &nbsp;&nbsp; 422784 |
| Imperial Brands PLC (Consumer Staples)<br> (a) | &nbsp;&nbsp; 65564 | &nbsp;&nbsp; 2668419 |
| &nbsp;&nbsp;&nbsp; InterContinental Hotels Group PLC <br> (Consumer Discretionary)<br>(a) | &nbsp;&nbsp; 6630 | &nbsp;&nbsp; 873184 |
| Intertek Group PLC (Industrials)<br> (a) | &nbsp;&nbsp; 25639 | &nbsp;&nbsp; 1250078 |
| J Sainsbury PLC (Consumer Staples)<br> (a) | &nbsp;&nbsp; 195487 | &nbsp;&nbsp; 877861 |
| Lloyds Banking Group PLC (Financials)<br> (a) | &nbsp;&nbsp; 1325338 | &nbsp;&nbsp; 1638057 |
| NatWest Group PLC (Financials)<br> (a) | &nbsp;&nbsp; 233943 | &nbsp;&nbsp; 1735870 |
| Next PLC (Consumer Discretionary)<br> (a) | &nbsp;&nbsp; 8495 | &nbsp;&nbsp; 1432582 |
| &nbsp;&nbsp;&nbsp; Reckitt Benckiser Group PLC <br> (Consumer Staples)<br>(a) | &nbsp;&nbsp; 2746 | &nbsp;&nbsp; 186351 |
| Rio Tinto PLC (Materials)<br> (a) | &nbsp;&nbsp; 8370 | &nbsp;&nbsp; 778007 |
| Rolls-Royce Holdings PLC (Industrials)<br> (a) | &nbsp;&nbsp; 153080 | &nbsp;&nbsp; 2337677 |
| &nbsp;&nbsp;&nbsp; Sage Group PLC / The <br> (Information Technology)<br>(a) | &nbsp;&nbsp; 138680 | &nbsp;&nbsp; 1548875 |
| Shell PLC (Energy)<br> (a) | &nbsp;&nbsp; 97846 | &nbsp;&nbsp; 4569098 |
| Smiths Group PLC (Industrials)<br> (a) | &nbsp;&nbsp; 52947 | &nbsp;&nbsp; 1612658 |
| Standard Chartered PLC (Financials)<br> (a) | &nbsp;&nbsp; 7462 | &nbsp;&nbsp; 154970 |
| Tesco PLC (Consumer Staples)<br> (a) | &nbsp;&nbsp; 137630 | &nbsp;&nbsp; 867803 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP BlackRock Advantage International Equity Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **United Kingdom (continued)** |  |  |
| Unilever PLC (Consumer Staples)<br> (a) | &nbsp;&nbsp; 18705 | &nbsp;&nbsp; $1048728 |
| &nbsp;&nbsp;&nbsp; Vodafone Group PLC <br> (Communication Services)<br>(a) | &nbsp;&nbsp; 1822092 | &nbsp;&nbsp; 2762774 |
|  |  | &nbsp;&nbsp; 51727284 |
| **France–10.5%** |  |  |
| Air Liquide SA (Materials)<br> (a) | &nbsp;&nbsp; 8485 | &nbsp;&nbsp; 1747913 |
| AXA SA (Financials)<br> (a) | &nbsp;&nbsp; 106365 | &nbsp;&nbsp; 4876375 |
| BNP Paribas SA (Financials)<br> (a) | &nbsp;&nbsp; 22195 | &nbsp;&nbsp; 2114318 |
| Bureau Veritas SA (Industrials)<br> (a) | &nbsp;&nbsp; 32680 | &nbsp;&nbsp; 981688 |
| Credit Agricole SA (Financials)<br> (a) | &nbsp;&nbsp; 28851 | &nbsp;&nbsp; 541622 |
| Danone SA (Consumer Staples)<br> (a) | &nbsp;&nbsp; 7025 | &nbsp;&nbsp; 564193 |
| EssilorLuxottica SA (Health Care)<br> (a) | &nbsp;&nbsp; 9232 | &nbsp;&nbsp; 2148612 |
| Ipsen SA (Health Care)<br> (a) | &nbsp;&nbsp; 5550 | &nbsp;&nbsp; 1040799 |
| Legrand SA (Industrials)<br> (a) | &nbsp;&nbsp; 722 | &nbsp;&nbsp; 111567 |
| L'Oreal SA (Consumer Staples)<br> (a) | &nbsp;&nbsp; 4664 | &nbsp;&nbsp; 1912546 |
| &nbsp;&nbsp;&nbsp; LVMH Moet Hennessy Louis Vuitton SE <br> (Consumer Discretionary)<br>(a) | &nbsp;&nbsp; 6111 | &nbsp;&nbsp; 3396892 |
| &nbsp;&nbsp;&nbsp; Publicis Groupe SA <br> (Communication Services)<br>(a) | &nbsp;&nbsp; 14523 | &nbsp;&nbsp; 1201066 |
| Safran SA (Industrials)<br> (a) | &nbsp;&nbsp; 15538 | &nbsp;&nbsp; 5081595 |
| Sanofi SA (Health Care)<br> (a) | &nbsp;&nbsp; 51785 | &nbsp;&nbsp; 4994964 |
| Societe Generale SA (Financials)<br> (a) | &nbsp;&nbsp; 8774 | &nbsp;&nbsp; 640643 |
| Thales SA (Industrials)<br> (a) | &nbsp;&nbsp; 4526 | &nbsp;&nbsp; 1328867 |
| TotalEnergies SE (Energy)<br> (a) | &nbsp;&nbsp; 2853 | &nbsp;&nbsp; 263427 |
| Vinci SA (Industrials)<br> (a) | &nbsp;&nbsp; 15664 | &nbsp;&nbsp; 2345958 |
|  |  | &nbsp;&nbsp; 35293045 |
| **Switzerland–7.8%** |  |  |
| ABB Ltd. (Industrials)<br> (a) | &nbsp;&nbsp; 69880 | &nbsp;&nbsp; 5683528 |
| Accelleron Industries AG (Industrials)<br> (a) | &nbsp;&nbsp; 1554 | &nbsp;&nbsp; 140355 |
| &nbsp;&nbsp;&nbsp; Chocoladefabriken Lindt & Spruengli AG <br> (Consumer Staples)<br>(a) | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 42125 |
| &nbsp;&nbsp;&nbsp; Cie Financiere Richemont SA <br> (Consumer Discretionary)<br>(a) | &nbsp;&nbsp; 3094 | &nbsp;&nbsp; 551329 |
| DSM-Firmenich AG (Materials)<br> (a) | &nbsp;&nbsp; 6740 | &nbsp;&nbsp; 481375 |
| Glencore PLC (Materials)<br> (a) | &nbsp;&nbsp; 141917 | &nbsp;&nbsp; 1081408 |
| Holcim AG (Materials)<br> (a) | &nbsp;&nbsp; 2716 | &nbsp;&nbsp; 225382 |
| Julius Baer Group Ltd. (Financials)<br> (a) | &nbsp;&nbsp; 1409 | &nbsp;&nbsp; 103827 |
| &nbsp;&nbsp;&nbsp; Logitech International SA <br> (Information Technology)<br>(a) | &nbsp;&nbsp; 12498 | &nbsp;&nbsp; 1141926 |
| Lonza Group AG (Health Care)<br> (a) | &nbsp;&nbsp; 30 | &nbsp;&nbsp; 19194 |
| Nestle SA (Consumer Staples)<br> (a) | &nbsp;&nbsp; 33640 | &nbsp;&nbsp; 3336716 |
| Novartis AG (Health Care)<br> (a) | &nbsp;&nbsp; 19823 | &nbsp;&nbsp; 3009717 |
| Roche Holding AG (Health Care)<br> (a) | &nbsp;&nbsp; 11112 | &nbsp;&nbsp; 4387749 |
| Roche Holding Ltd. (Health Care)<br> (a) | &nbsp;&nbsp; 1882 | &nbsp;&nbsp; 779565 |
| &nbsp;&nbsp;&nbsp; Schindler Holding AG - Participation <br> Certificates (Industrials)<br>(a) | &nbsp;&nbsp; 1493 | &nbsp;&nbsp; 491676 |
| &nbsp;&nbsp;&nbsp; Schindler Holding AG - Registered Shares <br> (Industrials)<br>(a) | &nbsp;&nbsp; 544 | &nbsp;&nbsp; 171100 |
| SGS SA (Industrials)<br> (a) | &nbsp;&nbsp; 2777 | &nbsp;&nbsp; 293923 |
| Sonova Holding AG (Health Care)<br> (a) | &nbsp;&nbsp; 1244 | &nbsp;&nbsp; 281982 |
| &nbsp;&nbsp;&nbsp; STMicroelectronics N.V. <br> (Information Technology)<br>(a) | &nbsp;&nbsp; 1081 | &nbsp;&nbsp; 37109 |
| UBS Group AG (Financials)<br> (a) | &nbsp;&nbsp; 79080 | &nbsp;&nbsp; 3075738 |
| VAT Group AG (Industrials)<br> (a) | &nbsp;&nbsp; 99 | &nbsp;&nbsp; 61072 |
| Zurich Insurance Group AG (Financials)<br> (a) | &nbsp;&nbsp; 1194 | &nbsp;&nbsp; 851323 |
|  |  | &nbsp;&nbsp; 26248119 |
| **Germany–7.7%** |  |  |
| adidas AG (Consumer Discretionary)<br> (a) | &nbsp;&nbsp; 9196 | &nbsp;&nbsp; 1449163 |
| Allianz SE (Financials)<br> (a) | &nbsp;&nbsp; 8730 | &nbsp;&nbsp; 3617606 |
| BASF SE (Materials)<br> (a) | &nbsp;&nbsp; 16257 | &nbsp;&nbsp; 982350 |
| Continental AG (Consumer Discretionary)<br> (a) | &nbsp;&nbsp; 1958 | &nbsp;&nbsp; 134600 |
| Deutsche Bank AG (Financials)<br> (a) | &nbsp;&nbsp; 47247 | &nbsp;&nbsp; 1382541 |
| Deutsche Boerse AG (Financials)<br> (a) | &nbsp;&nbsp; 663 | &nbsp;&nbsp; 192758 |
| Deutsche Post AG (Industrials)<br> (a) | &nbsp;&nbsp; 16658 | &nbsp;&nbsp; 859073 |
| &nbsp;&nbsp;&nbsp; Deutsche Telekom AG <br> (Communication Services)<br>(a) | &nbsp;&nbsp; 139585 | &nbsp;&nbsp; 5147065 |
| Fresenius Medical Care AG (Health Care)<br> (a) | &nbsp;&nbsp; 9227 | &nbsp;&nbsp; 410522 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Germany (continued)** |  |  |
| Fresenius SE & Co. KGaA (Health Care)<br> (a) | &nbsp;&nbsp; 548 | &nbsp;&nbsp; $28071 |
| GEA Group AG (Industrials)<br> (a) | &nbsp;&nbsp; 834 | &nbsp;&nbsp; 58939 |
| Hannover Rueck SE (Financials)<br> (a) | &nbsp;&nbsp; 340 | &nbsp;&nbsp; 105231 |
| Heidelberg Materials AG (Materials)<br> (a) | &nbsp;&nbsp; 731 | &nbsp;&nbsp; 150556 |
| &nbsp;&nbsp;&nbsp; Mercedes-Benz Group AG <br> (Consumer Discretionary)<br>(a) | &nbsp;&nbsp; 305 | &nbsp;&nbsp; 18478 |
| &nbsp;&nbsp;&nbsp; Muenchener <br> Rueckversicherungs-Gesellschaft AG in <br> Muenchen (Financials)<br>(a) | &nbsp;&nbsp; 944 | &nbsp;&nbsp; 588045 |
| Nemetschek SE (Information Technology)<br> (a) | &nbsp;&nbsp; 1832 | &nbsp;&nbsp; 134841 |
| Nordex SE (Industrials)<br> (a)(b) | &nbsp;&nbsp; 3938 | &nbsp;&nbsp; 207411 |
| Rational AG (Industrials)<br> (a) | &nbsp;&nbsp; 220 | &nbsp;&nbsp; 159246 |
| Rheinmetall AG (Industrials)<br> (a) | &nbsp;&nbsp; 728 | &nbsp;&nbsp; 1214087 |
| RWE AG (Utilities)<br> (a) | &nbsp;&nbsp; 16714 | &nbsp;&nbsp; 1113216 |
| SAP SE (Information Technology)<br> (a) | &nbsp;&nbsp; 17916 | &nbsp;&nbsp; 3031980 |
| Siemens AG (Industrials)<br> (a) | &nbsp;&nbsp; 11212 | &nbsp;&nbsp; 2659379 |
| Siemens Energy AG (Industrials)<br> (a) | &nbsp;&nbsp; 13210 | &nbsp;&nbsp; 2174043 |
| Talanx AG (Financials)<br> (a) | &nbsp;&nbsp; 275 | &nbsp;&nbsp; 33467 |
| Zalando SE (Consumer Discretionary)<br> (a)(b) | &nbsp;&nbsp; 707 | &nbsp;&nbsp; 16914 |
|  |  | &nbsp;&nbsp; 25869582 |
| **Australia–6.2%** |  |  |
| AGL Energy Ltd. (Utilities)<br> (a) | &nbsp;&nbsp; 64458 | &nbsp;&nbsp; 439750 |
| APA Group (Utilities)<br> (a) | &nbsp;&nbsp; 15787 | &nbsp;&nbsp; 108560 |
| &nbsp;&nbsp;&nbsp; Aristocrat Leisure Ltd. <br> (Consumer Discretionary)<br>(a) | &nbsp;&nbsp; 73492 | &nbsp;&nbsp; 2335160 |
| Aurizon Holdings Ltd. (Industrials)<br> (a) | &nbsp;&nbsp; 24901 | &nbsp;&nbsp; 68647 |
| BHP Group Ltd. (Materials)<br> (a) | &nbsp;&nbsp; 131686 | &nbsp;&nbsp; 4811573 |
| Coles Group Ltd. (Consumer Staples)<br> (a) | &nbsp;&nbsp; 49699 | &nbsp;&nbsp; 754323 |
| Commonwealth Bank of Australia (Financials)<br> (a) | &nbsp;&nbsp; 12231 | &nbsp;&nbsp; 1428667 |
| Computershare Ltd. (Industrials)<br> (a) | &nbsp;&nbsp; 59825 | &nbsp;&nbsp; 1181473 |
| CSL Ltd. (Health Care)<br> (a) | &nbsp;&nbsp; 9316 | &nbsp;&nbsp; 915190 |
| Evolution Mining Ltd. (Materials)<br> (a) | &nbsp;&nbsp; 125271 | &nbsp;&nbsp; 1135303 |
| Fortescue Ltd. (Materials)<br> (a) | &nbsp;&nbsp; 163468 | &nbsp;&nbsp; 2309151 |
| Macquarie Group Ltd. (Financials)<br> (a) | &nbsp;&nbsp; 14912 | &nbsp;&nbsp; 2115721 |
| Orica Ltd. (Materials)<br> (a) | &nbsp;&nbsp; 55048 | &nbsp;&nbsp; 770450 |
| QBE Insurance Group Ltd. (Financials)<br> (a) | &nbsp;&nbsp; 6501 | &nbsp;&nbsp; 95519 |
| REA Group Ltd. (Communication Services)<br> (a) | &nbsp;&nbsp; 2809 | &nbsp;&nbsp; 311111 |
| Regis Resources Ltd. (Materials)<br> (a) | &nbsp;&nbsp; 96509 | &nbsp;&nbsp; 461972 |
| Rio Tinto Ltd. (Materials)<br> (a) | &nbsp;&nbsp; 10071 | &nbsp;&nbsp; 1132321 |
| Santos Ltd. (Energy)<br> (a) | &nbsp;&nbsp; 36579 | &nbsp;&nbsp; 200887 |
| Transurban Group (Industrials)<br> (a) | &nbsp;&nbsp; 8940 | &nbsp;&nbsp; 86885 |
| Westgold Resources Ltd. (Materials)<br> (a) | &nbsp;&nbsp; 15987 | &nbsp;&nbsp; 68164 |
| Woodside Energy Group Ltd. (Energy)<br> (a) | &nbsp;&nbsp; 9409 | &nbsp;&nbsp; 224410 |
|  |  | &nbsp;&nbsp; 20955237 |
| **Spain–5.3%** |  |  |
| &nbsp;&nbsp;&nbsp; ACS Actividades de Construccion y Servicios <br> SA (Industrials)<br>(a) | &nbsp;&nbsp; 16958 | &nbsp;&nbsp; 2098426 |
| &nbsp;&nbsp;&nbsp; Banco Bilbao Vizcaya Argentaria SA <br> (Financials)<br>(a) | &nbsp;&nbsp; 50314 | &nbsp;&nbsp; 1098170 |
| Banco Santander SA (Financials)<br> (a) | &nbsp;&nbsp; 509721 | &nbsp;&nbsp; 5767656 |
| Bankinter SA (Financials)<br> (a) | &nbsp;&nbsp; 2414 | &nbsp;&nbsp; 38003 |
| CaixaBank SA (Financials)<br> (a) | &nbsp;&nbsp; 5633 | &nbsp;&nbsp; 67587 |
| Enagas SA (Utilities)<br> (a) | &nbsp;&nbsp; 24582 | &nbsp;&nbsp; 488348 |
| Grifols SA (Health Care)<br> (a) | &nbsp;&nbsp; 10 | &nbsp;&nbsp; 105 |
| Iberdrola SA (Utilities)<br> (a) | &nbsp;&nbsp; 232676 | &nbsp;&nbsp; 5341247 |
| &nbsp;&nbsp;&nbsp; Industria de Diseno Textil SA <br> (Consumer Discretionary)<br>(a) | &nbsp;&nbsp; 19702 | &nbsp;&nbsp; 1132786 |
| Naturgy Energy Group SA (Utilities)<br> (a) | &nbsp;&nbsp; 27230 | &nbsp;&nbsp; 817541 |
| Repsol SA (Energy)<br> (a) | &nbsp;&nbsp; 1522 | &nbsp;&nbsp; 42762 |
| Telefonica SA (Communication Services)<br> (a) | &nbsp;&nbsp; 232627 | &nbsp;&nbsp; 1028640 |
|  |  | &nbsp;&nbsp; 17921271 |
| **Netherlands–5.3%** |  |  |
| Adyen N.V. (Financials)<br> (a)(b) | &nbsp;&nbsp; 240 | &nbsp;&nbsp; 240156 |
| Argenx SE (Health Care)<br> (a)(b) | &nbsp;&nbsp; 754 | &nbsp;&nbsp; 549373 |
| &nbsp;&nbsp;&nbsp; ASM International N.V. <br> (Information Technology)<br>(a) | &nbsp;&nbsp; 1398 | &nbsp;&nbsp; 1064895 |
| ASML Holding N.V. (Information Technology)<br> (a) | &nbsp;&nbsp; 8603 | &nbsp;&nbsp; 11387251 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP BlackRock Advantage International Equity Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Netherlands (continued)** |  |  |
| Heineken Holding N.V. (Consumer Staples)<br> (a) | &nbsp;&nbsp; 1188 | &nbsp;&nbsp; $84976 |
| ING Groep N.V. (Financials)<br> (a) | &nbsp;&nbsp; 3426 | &nbsp;&nbsp; 89519 |
| &nbsp;&nbsp;&nbsp; Koninklijke Ahold Delhaize N.V. <br> (Consumer Staples)<br>(a) | &nbsp;&nbsp; 63502 | &nbsp;&nbsp; 2964515 |
| Koninklijke Philips N.V. (Health Care)<br> (a) | &nbsp;&nbsp; 10716 | &nbsp;&nbsp; 293508 |
| Wolters Kluwer N.V. (Industrials)<br> (a) | &nbsp;&nbsp; 12673 | &nbsp;&nbsp; 948069 |
|  |  | &nbsp;&nbsp; 17622262 |
| **Italy–3.0%** |  |  |
| Amplifon SpA (Health Care)<br> (a) | &nbsp;&nbsp; 16726 | &nbsp;&nbsp; 182535 |
| Enel SpA (Utilities)<br> (a) | &nbsp;&nbsp; 175222 | &nbsp;&nbsp; 1907618 |
| Eni SpA (Energy)<br> (a) | &nbsp;&nbsp; 104301 | &nbsp;&nbsp; 2961762 |
| Generali (Financials)<br> (a) | &nbsp;&nbsp; 13464 | &nbsp;&nbsp; 542879 |
| Intesa Sanpaolo SpA (Financials)<br> (a) | &nbsp;&nbsp; 241663 | &nbsp;&nbsp; 1469001 |
| Leonardo SpA (Industrials)<br> (a) | &nbsp;&nbsp; 6371 | &nbsp;&nbsp; 427928 |
| Poste Italiane SpA (Financials)<br> (a) | &nbsp;&nbsp; 7281 | &nbsp;&nbsp; 171305 |
| Prysmian SpA (Industrials)<br> (a) | &nbsp;&nbsp; 683 | &nbsp;&nbsp; 79866 |
| &nbsp;&nbsp;&nbsp; Recordati Industria Chimica e Farmaceutica <br> SpA (Health Care)<br>(a) | &nbsp;&nbsp; 1185 | &nbsp;&nbsp; 67408 |
| Saipem SpA (Energy)<br> (a) | &nbsp;&nbsp; 136495 | &nbsp;&nbsp; 624216 |
| Snam SpA (Utilities)<br> (a) | &nbsp;&nbsp; 5352 | &nbsp;&nbsp; 40705 |
| UniCredit SpA (Financials)<br> (a) | &nbsp;&nbsp; 22264 | &nbsp;&nbsp; 1604287 |
| Unipol Assicurazioni SpA (Financials)<br> (a) | &nbsp;&nbsp; 1102 | &nbsp;&nbsp; 25797 |
|  |  | &nbsp;&nbsp; 10105307 |
| **Sweden–2.6%** |  |  |
| Assa Abloy AB Class B (Industrials)<br> (a) | &nbsp;&nbsp; 22706 | &nbsp;&nbsp; 814246 |
| Atlas Copco AB Class B (Industrials)<br> (a) | &nbsp;&nbsp; 1182 | &nbsp;&nbsp; 18365 |
| Evolution AB (Consumer Discretionary)<br> (a) | &nbsp;&nbsp; 504 | &nbsp;&nbsp; 31433 |
| &nbsp;&nbsp;&nbsp; H & M Hennes & Mauritz AB Class B <br> (Consumer Discretionary)<br>(a) | &nbsp;&nbsp; 3147 | &nbsp;&nbsp; 58671 |
| Hexagon AB Class B (Information Technology)<br> (a) | &nbsp;&nbsp; 52302 | &nbsp;&nbsp; 508891 |
| Saab AB Class B (Industrials)<br> (a) | &nbsp;&nbsp; 13266 | &nbsp;&nbsp; 870223 |
| Sandvik AB (Industrials)<br> (a) | &nbsp;&nbsp; 45944 | &nbsp;&nbsp; 1755763 |
| Securitas AB Class B (Industrials)<br> (a) | &nbsp;&nbsp; 65509 | &nbsp;&nbsp; 1101238 |
| Skanska AB Class B (Industrials)<br> (a) | &nbsp;&nbsp; 45677 | &nbsp;&nbsp; 1231903 |
| Swedish Orphan Biovitrum AB (Health Care)<br> (a)(b) | &nbsp;&nbsp; 2915 | &nbsp;&nbsp; 121871 |
| Tele2 AB Class B (Communication Services)<br> (a) | &nbsp;&nbsp; 56449 | &nbsp;&nbsp; 1160381 |
| &nbsp;&nbsp;&nbsp; Telefonaktiebolaget LM Ericsson Class B <br> (Information Technology)<br>(a) | &nbsp;&nbsp; 92527 | &nbsp;&nbsp; 1048066 |
| Telia Co. AB (Communication Services)<br> (a) | &nbsp;&nbsp; 9425 | &nbsp;&nbsp; 48195 |
|  |  | &nbsp;&nbsp; 8769246 |
| **Hong Kong–2.6%** |  |  |
| AIA Group Ltd. (Financials)<br> (a) | &nbsp;&nbsp; 413400 | &nbsp;&nbsp; 4644073 |
| CK Hutchison Holdings Ltd. (Industrials)<br> (a) | &nbsp;&nbsp; 303500 | &nbsp;&nbsp; 2332518 |
| &nbsp;&nbsp;&nbsp; Guotai Junan International Holdings Ltd. <br> (Financials)<br>(a) | &nbsp;&nbsp; 212000 | &nbsp;&nbsp; 63879 |
| Jardine Matheson Holdings Ltd. (Industrials)<br> (a) | &nbsp;&nbsp; 11900 | &nbsp;&nbsp; 854258 |
| &nbsp;&nbsp;&nbsp; SITC International Holdings Co. Ltd. <br> (Industrials)<br>(a) | &nbsp;&nbsp; 35000 | &nbsp;&nbsp; 154515 |
| Techtronic Industries Co. Ltd. (Industrials)<br> (a) | &nbsp;&nbsp; 41500 | &nbsp;&nbsp; 552392 |
| WH Group Ltd. (Consumer Staples)<br> (a) | &nbsp;&nbsp; 44500 | &nbsp;&nbsp; 58637 |
|  |  | &nbsp;&nbsp; 8660272 |
| **Norway–1.6%** |  |  |
| Aker BP ASA (Energy)<br> (a) | &nbsp;&nbsp; 20619 | &nbsp;&nbsp; 756981 |
| DNB Bank ASA (Financials)<br> (a) | &nbsp;&nbsp; 32073 | &nbsp;&nbsp; 1000274 |
| Equinor ASA (Energy)<br> (a) | &nbsp;&nbsp; 34275 | &nbsp;&nbsp; 1450727 |
| Kongsberg Gruppen ASA (Industrials)<br> (a) | &nbsp;&nbsp; 35312 | &nbsp;&nbsp; 1511997 |
| Mowi ASA (Consumer Staples)<br> (a) | &nbsp;&nbsp; 16522 | &nbsp;&nbsp; 375291 |
| Telenor ASA (Communication Services)<br> (a) | &nbsp;&nbsp; 14173 | &nbsp;&nbsp; 249622 |
|  |  | &nbsp;&nbsp; 5344892 |
| **Denmark–1.3%** |  |  |
| AP Moller - Maersk A/S Class B (Industrials)<br> (a) | &nbsp;&nbsp; 34 | &nbsp;&nbsp; 84261 |
| AP Moller - Maersk A/S Class A (Industrials)<br> (a) | &nbsp;&nbsp; 10 | &nbsp;&nbsp; 24292 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Denmark (continued)** |  |  |
| Danske Bank A/S (Financials)<br> (a) | &nbsp;&nbsp; 2060 | &nbsp;&nbsp; $100009 |
| Genmab A/S (Health Care)<br> (a)(b) | &nbsp;&nbsp; 1589 | &nbsp;&nbsp; 425155 |
| Novo Nordisk A/S Class B (Health Care)<br> (a) | &nbsp;&nbsp; 39439 | &nbsp;&nbsp; 1453295 |
| Orsted A/S (Utilities)<br> (a)(b) | &nbsp;&nbsp; 2238 | &nbsp;&nbsp; 54794 |
| Pandora A/S (Consumer Discretionary)<br> (a) | &nbsp;&nbsp; 4582 | &nbsp;&nbsp; 321817 |
| Tryg A/S (Financials)<br> (a) | &nbsp;&nbsp; 31427 | &nbsp;&nbsp; 752284 |
| Vestas Wind Systems A/S (Industrials)<br> (a) | &nbsp;&nbsp; 37919 | &nbsp;&nbsp; 1135314 |
|  |  | &nbsp;&nbsp; 4351221 |
| **Israel–1.0%** |  |  |
| Bank Hapoalim BM (Financials)<br> (a) | &nbsp;&nbsp; 29781 | &nbsp;&nbsp; 697066 |
| Bank Leumi Le-Israel BM (Financials)<br> (a) | &nbsp;&nbsp; 31505 | &nbsp;&nbsp; 702097 |
| Elbit Systems Ltd. (Industrials)<br> (a) | &nbsp;&nbsp; 398 | &nbsp;&nbsp; 333405 |
| Israel Discount Bank Ltd. Class A (Financials)<br> (a) | &nbsp;&nbsp; 17043 | &nbsp;&nbsp; 170879 |
| Mizrahi Tefahot Bank Ltd. (Financials)<br> (a) | &nbsp;&nbsp; 9082 | &nbsp;&nbsp; 658578 |
| Nice Ltd. (Information Technology)<br> (a)(b) | &nbsp;&nbsp; 4779 | &nbsp;&nbsp; 526929 |
| Nova Ltd. (Information Technology)<br> (a)(b) | &nbsp;&nbsp; 258 | &nbsp;&nbsp; 114609 |
|  |  | &nbsp;&nbsp; 3203563 |
| **Singapore–0.8%** |  |  |
| DBS Group Holdings Ltd. (Financials)<br> (a) | &nbsp;&nbsp; 33700 | &nbsp;&nbsp; 1497403 |
| &nbsp;&nbsp;&nbsp; Oversea-Chinese Banking Corp. Ltd. <br> (Financials)<br>(a) | &nbsp;&nbsp; 2500 | &nbsp;&nbsp; 43057 |
| &nbsp;&nbsp;&nbsp; Singapore Technologies Engineering Ltd. <br> (Industrials)<br>(a) | &nbsp;&nbsp; 68300 | &nbsp;&nbsp; 582099 |
| &nbsp;&nbsp;&nbsp; Singapore Telecommunications Ltd. <br> (Communication Services)<br>(a) | &nbsp;&nbsp; 118800 | &nbsp;&nbsp; 459893 |
|  |  | &nbsp;&nbsp; 2582452 |
| **Belgium–0.6%** |  |  |
| Ageas SA / N.V. (Financials)<br> (a) | &nbsp;&nbsp; 16000 | &nbsp;&nbsp; 1171874 |
| UCB SA (Health Care)<br> (a) | &nbsp;&nbsp; 2799 | &nbsp;&nbsp; 843090 |
|  |  | &nbsp;&nbsp; 2014964 |
| **Finland–0.5%** |  |  |
| Elisa Oyj (Communication Services)<br> (a) | &nbsp;&nbsp; 326 | &nbsp;&nbsp; 15806 |
| Kone Oyj Class B (Industrials)<br> (a) | &nbsp;&nbsp; 567 | &nbsp;&nbsp; 36150 |
| Nokia Oyj (Information Technology)<br> (a) | &nbsp;&nbsp; 90527 | &nbsp;&nbsp; 721495 |
| Nordea Bank Abp (Financials)<br> (a) | &nbsp;&nbsp; 2409 | &nbsp;&nbsp; 41465 |
| Sampo Oyj Class A (Financials)<br> (a) | &nbsp;&nbsp; 51444 | &nbsp;&nbsp; 551244 |
| Wartsila OYJ Abp (Industrials)<br> (a) | &nbsp;&nbsp; 8048 | &nbsp;&nbsp; 300928 |
|  |  | &nbsp;&nbsp; 1667088 |
| **Portugal–0.5%** |  |  |
| EDP SA (Utilities)<br> (a) | &nbsp;&nbsp; 304757 | &nbsp;&nbsp; 1613487 |
| **Austria–0.3%** |  |  |
| Erste Group Bank AG (Financials)<br> (a) | &nbsp;&nbsp; 8210 | &nbsp;&nbsp; 887138 |
| **Luxembourg–0.2%** |  |  |
| Tenaris SA (Energy)<br> (a) | &nbsp;&nbsp; 22146 | &nbsp;&nbsp; 646874 |
| **Macao–0.1%** |  |  |
| Sands China Ltd. (Consumer Discretionary)<br> (a) | &nbsp;&nbsp; 184800 | &nbsp;&nbsp; 392770 |
| **Ireland–0.0%** |  |  |
| Experian PLC (Industrials)<br> (a) | &nbsp;&nbsp; 3227 | &nbsp;&nbsp; 112166 |
| Kerry Group PLC Class A (Consumer Staples)<br> (a) | &nbsp;&nbsp; 753 | &nbsp;&nbsp; 59634 |
|  |  | &nbsp;&nbsp; 171800 |
| **Chile–0.0%** |  |  |
| Antofagasta PLC (Materials)<br> (a) | &nbsp;&nbsp; 1055 | &nbsp;&nbsp; 46933 |
| **Total Common Stocks (Cost $293,194,501)** |  | &nbsp;&nbsp; $322509651 |
| **Total Investments – 96.1% (Cost $293,194,501)**<br> (c) |  | &nbsp;&nbsp; $322509651 |
| **Other Assets in Excess of Liabilities – 3.9%**<br> (d) |  | &nbsp;&nbsp; 13045685 |
| **Net Assets – 100.0%** | **Net Assets – 100.0%** | &nbsp;&nbsp; $335555336 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP BlackRock Advantage International Equity Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | |
|:---|:---|
| Footnotes: | Footnotes: |
| &nbsp;&nbsp;&nbsp;&nbsp; (a) | Security traded on a foreign exchange has been valued at an estimate of fair value that is different than the local market close price. These fair value estimates <br> are determined by an independent fair valuation service that has been approved by the Board or its designee. These securities represent $322,509,651 or 96.1% <br> of the Portfolio's net assets.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (b) | Non-income producing security. |
| &nbsp;&nbsp;&nbsp;&nbsp; (c) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 4 of the Notes to Schedules of <br> Investments.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (d) | Includes $286,826 of cash pledged as collateral for the futures contracts outstanding at March 31, 2026. See also the following Schedule of Open Futures <br> Contracts.<br>|

---

The accompanying notes are an integral part of these financial statements.

**Schedule of Open Futures Contracts**

**March 31, 2026 (Unaudited)** 

**Long Futures Contracts** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **contracts**<br>| **Expiration Date** | **Notional**<br> **Amount**<br>| **Value** | **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Variation Margin** <br> **Receivable** <br> **(Payable)**<br>|
| MSCI EAFE Index - Long | 49 | June 19, 2026 | &nbsp;&nbsp; $7184484 | &nbsp;&nbsp; $7107695 | &nbsp;&nbsp; $(76789)<br>| &nbsp;&nbsp; $223195 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$7184484** | &nbsp;&nbsp; **$7107695** | &nbsp;&nbsp; **$(76789)**<br>| &nbsp;&nbsp; **$223195** |

---

The accompanying notes are an integral part of these financial statements. <br>

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Fidelity Institutional AM**<sup>®</sup> **Equity Growth Portfolio**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

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

---

| | | |
|:---|:---|:---|
| **Common Stocks–98.9%** | **Shares** | **Value** |
| **Communication Services–14.6%** |  |  |
| &nbsp;&nbsp;&nbsp; Alphabet, Inc. Class A (Interactive Media & <br> Svs.)<br>| &nbsp;&nbsp; 51655 | &nbsp;&nbsp; $14853912 |
| Baidu, Inc. – ADR (Interactive Media & Svs.)<br> (a) | &nbsp;&nbsp; 1777 | &nbsp;&nbsp; 197993 |
| &nbsp;&nbsp;&nbsp; Live Nation Entertainment, Inc. <br> (Entertainment)<br>(a) | &nbsp;&nbsp; 11172 | &nbsp;&nbsp; 1703842 |
| &nbsp;&nbsp;&nbsp; Meta Platforms, Inc. Class A (Interactive <br> Media & Svs.)<br>| &nbsp;&nbsp; 14079 | &nbsp;&nbsp; 8055018 |
| Netflix, Inc. (Entertainment)<br> (a) | &nbsp;&nbsp; 28661 | &nbsp;&nbsp; 2755755 |
| ROBLOX Corp. Class A (Entertainment)<br> (a) | &nbsp;&nbsp; 25934 | &nbsp;&nbsp; 1466827 |
| &nbsp;&nbsp;&nbsp; Tencent Holdings Ltd. (Interactive Media & <br> Svs.)<br>(b) | &nbsp;&nbsp; 44688 | &nbsp;&nbsp; 2821239 |
|  |  | &nbsp;&nbsp; 31854586 |
| **Consumer Discretionary–15.8%** |  |  |
| Amazon.com, Inc. (Broadline Retail)<br> (a) | &nbsp;&nbsp; 93580 | &nbsp;&nbsp; 19489907 |
| BYD Co. Ltd. (Automobiles)<br> (b) | &nbsp;&nbsp; 128878 | &nbsp;&nbsp; 1766973 |
| Carnival Corp. (Hotels, Restaurants & Leisure) | &nbsp;&nbsp; 21110 | &nbsp;&nbsp; 546327 |
| D.R. Horton, Inc. (Household Durables) | &nbsp;&nbsp; 5139 | &nbsp;&nbsp; 705174 |
| eBay, Inc. (Broadline Retail) | &nbsp;&nbsp; 5792 | &nbsp;&nbsp; 527188 |
| Etsy, Inc. (Broadline Retail)<br> (a) | &nbsp;&nbsp; 11227 | &nbsp;&nbsp; 561125 |
| &nbsp;&nbsp;&nbsp; Games Workshop Group PLC <br> (Leisure Products)<br>(b) | &nbsp;&nbsp; 2809 | &nbsp;&nbsp; 662143 |
| Hesai Group – ADR (Automobile Components)<br> (a) | &nbsp;&nbsp; 51601 | &nbsp;&nbsp; 986611 |
| Kering SA (Textiles, Apparel & Luxury Goods)<br> (b) | &nbsp;&nbsp; 783 | &nbsp;&nbsp; 236769 |
| &nbsp;&nbsp;&nbsp; Kura Sushi U.S.A., Inc. Class A (Hotels, <br> Restaurants & Leisure)<br>(a) | &nbsp;&nbsp; 4588 | &nbsp;&nbsp; 320197 |
| Lowe's Cos., Inc. (Specialty Retail) | &nbsp;&nbsp; 18287 | &nbsp;&nbsp; 4320852 |
| Savers Value Village, Inc. (Broadline Retail)<br> (a) | &nbsp;&nbsp; 37247 | &nbsp;&nbsp; 277118 |
| Tesla, Inc. (Automobiles)<br> (a) | &nbsp;&nbsp; 8856 | &nbsp;&nbsp; 3292218 |
| TopBuild Corp. (Household Durables)<br> (a) | &nbsp;&nbsp; 2621 | &nbsp;&nbsp; 920757 |
|  |  | &nbsp;&nbsp; 34613359 |
| **Consumer Staples–2.4%** |  |  |
| &nbsp;&nbsp;&nbsp; British American Tobacco PLC – ADR <br> (Tobacco)<br>| &nbsp;&nbsp; 23691 | &nbsp;&nbsp; 1385213 |
| &nbsp;&nbsp;&nbsp; Estee Lauder Cos., Inc. / The Class A (Personal <br> Care Products)<br>| &nbsp;&nbsp; 16848 | &nbsp;&nbsp; 1209181 |
| &nbsp;&nbsp;&nbsp; Maplebear, Inc. (Consumer Staples <br> Distribution & Retail)<br>(a) | &nbsp;&nbsp; 6452 | &nbsp;&nbsp; 241692 |
| Philip Morris International, Inc. (Tobacco) | &nbsp;&nbsp; 14049 | &nbsp;&nbsp; 2322861 |
|  |  | &nbsp;&nbsp; 5158947 |
| **Energy–0.7%** |  |  |
| &nbsp;&nbsp;&nbsp; Range Resources Corp. (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 32476 | &nbsp;&nbsp; 1467266 |
| **Financials–4.7%** |  |  |
| Arthur J. Gallagher & Co. (Insurance) | &nbsp;&nbsp; 6947 | &nbsp;&nbsp; 1504581 |
| Bullish (Capital Markets)<br> (a) | &nbsp;&nbsp; 11401 | &nbsp;&nbsp; 407358 |
| &nbsp;&nbsp;&nbsp; Coinbase Global, Inc. Class A <br> (Capital Markets)<br>(a) | &nbsp;&nbsp; 1305 | &nbsp;&nbsp; 227866 |
| &nbsp;&nbsp;&nbsp; Figure Technology Solutions, Inc. Class A <br> (Consumer Finance)<br>(a) | &nbsp;&nbsp; 200 | &nbsp;&nbsp; 6790 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group, Inc. / The <br> (Capital Markets)<br>| &nbsp;&nbsp; 1707 | &nbsp;&nbsp; 1444105 |
| &nbsp;&nbsp;&nbsp; Interactive Brokers Group, Inc. Class A <br> (Capital Markets)<br>| &nbsp;&nbsp; 6345 | &nbsp;&nbsp; 425559 |
| Mastercard, Inc. Class A (Financial Services) | &nbsp;&nbsp; 4027 | &nbsp;&nbsp; 2012131 |
| Moody's Corp. (Capital Markets) | &nbsp;&nbsp; 255 | &nbsp;&nbsp; 111244 |
| Morgan Stanley (Capital Markets) | &nbsp;&nbsp; 11896 | &nbsp;&nbsp; 1957724 |
| &nbsp;&nbsp;&nbsp; Robinhood Markets, Inc. Class A <br> (Capital Markets)<br>(a) | &nbsp;&nbsp; 3380 | &nbsp;&nbsp; 234234 |
| Rocket Cos., Inc. Class A (Financial Services)<br> (a) | &nbsp;&nbsp; 55711 | &nbsp;&nbsp; 793882 |
| Toast, Inc. Class A (Financial Services)<br> (a) | &nbsp;&nbsp; 46135 | &nbsp;&nbsp; 1223039 |
|  |  | &nbsp;&nbsp; 10348513 |
| **Health Care–15.4%** |  |  |
| &nbsp;&nbsp;&nbsp; 10X Genomics, Inc. Class A (Life Sciences <br> Tools & Svs.)<br>(a) | &nbsp;&nbsp; 10075 | &nbsp;&nbsp; 213892 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Health Care (continued)** |  |  |
| Aclaris Therapeutics, Inc. (Pharmaceuticals)<br> (a) | &nbsp;&nbsp; 2837 | &nbsp;&nbsp; $10639 |
| &nbsp;&nbsp;&nbsp; Align Technology, Inc. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 6429 | &nbsp;&nbsp; 1102123 |
| &nbsp;&nbsp;&nbsp; Alnylam Pharmaceuticals, Inc. <br> (Biotechnology)<br>(a) | &nbsp;&nbsp; 5722 | &nbsp;&nbsp; 1893238 |
| Beam Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 22130 | &nbsp;&nbsp; 527358 |
| Biogen, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 12685 | &nbsp;&nbsp; 2325541 |
| BioNTech SE – ADR (Biotechnology)<br> (a) | &nbsp;&nbsp; 9259 | &nbsp;&nbsp; 822940 |
| Bio-Techne Corp. (Life Sciences Tools & Svs.) | &nbsp;&nbsp; 1872 | &nbsp;&nbsp; 97831 |
| &nbsp;&nbsp;&nbsp; Centessa Pharmaceuticals PLC – ADR <br> (Biotechnology)<br>(a) | &nbsp;&nbsp; 11382 | &nbsp;&nbsp; 452093 |
| Ceribell, Inc. (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 2186 | &nbsp;&nbsp; 40069 |
| Chemometec A/S (Life Sciences Tools & Svs.)<br> (b) | &nbsp;&nbsp; 3662 | &nbsp;&nbsp; 173562 |
| Codexis, Inc. (Life Sciences Tools & Svs.)<br> (a) | &nbsp;&nbsp; 37883 | &nbsp;&nbsp; 61749 |
| Corcept Therapeutics, Inc. (Pharmaceuticals)<br> (a) | &nbsp;&nbsp; 8974 | &nbsp;&nbsp; 361742 |
| Cytokinetics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 9503 | &nbsp;&nbsp; 626343 |
| Eikon Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 1300 | &nbsp;&nbsp; 13754 |
| Eli Lilly & Co. (Pharmaceuticals) | &nbsp;&nbsp; 7979 | &nbsp;&nbsp; 7338845 |
| Gilead Sciences, Inc. (Biotechnology) | &nbsp;&nbsp; 18958 | &nbsp;&nbsp; 2642176 |
| &nbsp;&nbsp;&nbsp; HealthEquity, Inc. (Health Care Providers & <br> Svs.)<br>(a) | &nbsp;&nbsp; 17137 | &nbsp;&nbsp; 1432139 |
| Hookipa Pharma, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 679 | &nbsp;&nbsp; 713 |
| Immuneering Corp. Class A (Biotechnology)<br> (a) | &nbsp;&nbsp; 6769 | &nbsp;&nbsp; 35673 |
| &nbsp;&nbsp;&nbsp; Immunocore Holdings PLC – ADR <br> (Biotechnology)<br>(a) | &nbsp;&nbsp; 5130 | &nbsp;&nbsp; 154669 |
| Janux Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 3773 | &nbsp;&nbsp; 52445 |
| Krystal Biotech, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 476 | &nbsp;&nbsp; 122960 |
| Legend Biotech Corp. – ADR (Biotechnology)<br> (a) | &nbsp;&nbsp; 3454 | &nbsp;&nbsp; 62483 |
| MaxCyte, Inc. (Life Sciences Tools & Svs.)<br> (a) | &nbsp;&nbsp; 22645 | &nbsp;&nbsp; 15908 |
| Moderna, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 7802 | &nbsp;&nbsp; 396342 |
| Natera, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 1739 | &nbsp;&nbsp; 347783 |
| &nbsp;&nbsp;&nbsp; Newamsterdam Pharma Co. N.V. <br> (Biotechnology)<br>(a) | &nbsp;&nbsp; 9903 | &nbsp;&nbsp; 316995 |
| &nbsp;&nbsp;&nbsp; Pulmonx Corp. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 1299 | &nbsp;&nbsp; 1676 |
| &nbsp;&nbsp;&nbsp; Royalty Pharma PLC Class A <br> (Pharmaceuticals)<br>| &nbsp;&nbsp; 137717 | &nbsp;&nbsp; 6606284 |
| RxSight, Inc. (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 418 | &nbsp;&nbsp; 2575 |
| &nbsp;&nbsp;&nbsp; Teva Pharmaceutical Industries Ltd. – ADR <br> (Pharmaceuticals)<br>(a) | &nbsp;&nbsp; 59891 | &nbsp;&nbsp; 1803917 |
| UCB SA (Pharmaceuticals)<br> (b) | &nbsp;&nbsp; 9065 | &nbsp;&nbsp; 2730478 |
| &nbsp;&nbsp;&nbsp; Veeva Systems, Inc. Class A (Health Care <br> Technology)<br>(a) | &nbsp;&nbsp; 3051 | &nbsp;&nbsp; 535939 |
| Vor BioPharma, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 324 | &nbsp;&nbsp; 5780 |
| XOMA Royalty Corp. (Biotechnology)<br> (a) | &nbsp;&nbsp; 6031 | &nbsp;&nbsp; 189192 |
| Zevra Therapeutics, Inc. (Pharmaceuticals)<br> (a) | &nbsp;&nbsp; 15546 | &nbsp;&nbsp; 144889 |
|  |  | &nbsp;&nbsp; 33662735 |
| **Industrials–9.2%** |  |  |
| Boeing Co. / The (Aerospace & Defense)<br> (a) | &nbsp;&nbsp; 248 | &nbsp;&nbsp; 49360 |
| &nbsp;&nbsp;&nbsp; Carpenter Technology Corp. (Aerospace & <br> Defense)<br>| &nbsp;&nbsp; 5679 | &nbsp;&nbsp; 2238378 |
| Deere & Co. (Machinery) | &nbsp;&nbsp; 4876 | &nbsp;&nbsp; 2746651 |
| Equifax, Inc. (Professional Svs.) | &nbsp;&nbsp; 7620 | &nbsp;&nbsp; 1372133 |
| &nbsp;&nbsp;&nbsp; Ferguson Enterprises, Inc. (Trading Companies <br> & Distributors)<br>(b) | &nbsp;&nbsp; 6415 | &nbsp;&nbsp; 1505420 |
| &nbsp;&nbsp;&nbsp; Firefly Aerospace, Inc. (Aerospace & <br> Defense)<br>(a) | &nbsp;&nbsp; 400 | &nbsp;&nbsp; 11388 |
| Furukawa Electric Co. Ltd. (Electrical Equip.)<br> (b) | &nbsp;&nbsp; 1905 | &nbsp;&nbsp; 363998 |
| GE Vernova, Inc. (Electrical Equip.) | &nbsp;&nbsp; 3979 | &nbsp;&nbsp; 3473269 |
| &nbsp;&nbsp;&nbsp; General Electric Co. (Operating as "GE <br> Aerospace") (Aerospace & Defense)<br>| &nbsp;&nbsp; 12397 | &nbsp;&nbsp; 3517897 |
| Ingersoll Rand, Inc. (Machinery) | &nbsp;&nbsp; 13494 | &nbsp;&nbsp; 1081139 |
| Loar Holdings, Inc. (Aerospace & Defense)<br> (a) | &nbsp;&nbsp; 57 | &nbsp;&nbsp; 3266 |
| Nextpower, Inc. Class A (Electrical Equip.)<br> (a) | &nbsp;&nbsp; 6283 | &nbsp;&nbsp; 757416 |
| &nbsp;&nbsp;&nbsp; Simpson Manufacturing Co., Inc. <br> (Building Products)<br>| &nbsp;&nbsp; 541 | &nbsp;&nbsp; 92846 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Fidelity Institutional AM**<sup>®</sup> **Equity Growth Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Industrials (continued)** |  |  |
| UL Solutions, Inc. Class A (Professional Svs.) | &nbsp;&nbsp; 14744 | &nbsp;&nbsp; $1263708 |
| &nbsp;&nbsp;&nbsp; Westinghouse Air Brake Technologies Corp. <br> (Machinery)<br>| &nbsp;&nbsp; 6551 | &nbsp;&nbsp; 1637160 |
|  |  | &nbsp;&nbsp; 20114029 |
| **Information Technology–34.4%** |  |  |
| Accenture PLC Class A (IT Svs.) | &nbsp;&nbsp; 185 | &nbsp;&nbsp; 36684 |
| Appfolio, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 450 | &nbsp;&nbsp; 71019 |
| &nbsp;&nbsp;&nbsp; Apple, Inc. (Tech. Hardware, Storage & <br> Periph.)<br>| &nbsp;&nbsp; 46573 | &nbsp;&nbsp; 11819762 |
| &nbsp;&nbsp;&nbsp; Arista Networks, Inc. <br> (Communications Equip.)<br>(a) | &nbsp;&nbsp; 24999 | &nbsp;&nbsp; 3069377 |
| ASML Holding N.V. (Semiconductors & Equip.) | &nbsp;&nbsp; 330 | &nbsp;&nbsp; 435874 |
| Astera Labs, Inc. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 436 | &nbsp;&nbsp; 47786 |
| &nbsp;&nbsp;&nbsp; BE Semiconductor Industries N.V. <br> (Semiconductors & Equip.)<br>(b) | &nbsp;&nbsp; 5278 | &nbsp;&nbsp; 1113594 |
| &nbsp;&nbsp;&nbsp; BitMine Immersion Technologies, Inc. <br> (Software)<br>| &nbsp;&nbsp; 5179 | &nbsp;&nbsp; 102441 |
| Broadcom, Inc. (Semiconductors & Equip.) | &nbsp;&nbsp; 13706 | &nbsp;&nbsp; 4242144 |
| Figma, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 706 | &nbsp;&nbsp; 14925 |
| HubSpot, Inc. (Software)<br> (a) | &nbsp;&nbsp; 2824 | &nbsp;&nbsp; 689338 |
| Intel Corp. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 4974 | &nbsp;&nbsp; 219503 |
| &nbsp;&nbsp;&nbsp; Micron Technology, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 3599 | &nbsp;&nbsp; 1215886 |
| Microsoft Corp. (Software) | &nbsp;&nbsp; 13812 | &nbsp;&nbsp; 5112788 |
| Nutanix, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 12774 | &nbsp;&nbsp; 485540 |
| NVIDIA Corp. (Semiconductors & Equip.) | &nbsp;&nbsp; 157112 | &nbsp;&nbsp; 27400333 |
| Palo Alto Networks, Inc. (Software)<br> (a) | &nbsp;&nbsp; 8760 | &nbsp;&nbsp; 1404403 |
| SailPoint, Inc. (Software)<br> (a) | &nbsp;&nbsp; 1877 | &nbsp;&nbsp; 24851 |
| Samsara, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 28652 | &nbsp;&nbsp; 907982 |
| ServiceTitan, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 14160 | &nbsp;&nbsp; 898593 |
| Shopify, Inc. Class A (IT Svs.)<br> (a) | &nbsp;&nbsp; 34748 | &nbsp;&nbsp; 4121808 |
| SiTime Corp. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 3852 | &nbsp;&nbsp; 1330288 |
| Snowflake, Inc. (IT Svs.)<br> (a) | &nbsp;&nbsp; 4738 | &nbsp;&nbsp; 714585 |
| Synopsys, Inc. (Software)<br> (a) | &nbsp;&nbsp; 2702 | &nbsp;&nbsp; 1071289 |
| &nbsp;&nbsp;&nbsp; Taiwan Semiconductor Manufacturing Co. Ltd. <br> – ADR (Semiconductors & Equip.)<br>| &nbsp;&nbsp; 23716 | &nbsp;&nbsp; 8014822 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Information Technology (continued)** |  |  |
| Zeta Global Holdings Corp. Class A (Software)<br> (a) | &nbsp;&nbsp; 23575 | &nbsp;&nbsp; $375314 |
| Zscaler, Inc. (Software)<br> (a) | &nbsp;&nbsp; 1206 | &nbsp;&nbsp; 169190 |
|  |  | &nbsp;&nbsp; 75110119 |
| **Materials–1.1%** |  |  |
| Eagle Materials, Inc. (Construction Materials) | &nbsp;&nbsp; 516 | &nbsp;&nbsp; 97756 |
| &nbsp;&nbsp;&nbsp; Martin Marietta Materials, Inc. <br> (Construction Materials)<br>| &nbsp;&nbsp; 1934 | &nbsp;&nbsp; 1138507 |
| Vale SA – ADR (Metals & Mining) | &nbsp;&nbsp; 76103 | &nbsp;&nbsp; 1210799 |
|  |  | &nbsp;&nbsp; 2447062 |
| **Real Estate–0.6%** |  |  |
| &nbsp;&nbsp;&nbsp; Compass, Inc. Class A (Real Estate Mgmt. & <br> Development)<br>(a) | &nbsp;&nbsp; 31580 | &nbsp;&nbsp; 230850 |
| &nbsp;&nbsp;&nbsp; Zillow Group, Inc. Class A (Real Estate Mgmt. <br> & Development)<br>(a) | &nbsp;&nbsp; 5516 | &nbsp;&nbsp; 228307 |
| &nbsp;&nbsp;&nbsp; Zillow Group, Inc. Class C (Real Estate Mgmt. <br> & Development)<br>(a) | &nbsp;&nbsp; 22421 | &nbsp;&nbsp; 927781 |
|  |  | &nbsp;&nbsp; 1386938 |
| **Total Common Stocks (Cost $207,070,944)** |  | &nbsp;&nbsp; $216163554 |

---

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

---

| | | |
|:---|:---|:---|
| **Rights–0.0%** | **Quantity** | **Value** |
| **Health Care–0.0%** |  |  |
| &nbsp;&nbsp;&nbsp; Blueprint Medicines Corp. CVR (Acquired <br> July 21, 2025, Cost $184) (Biotechnology)<br>(a)(c) | 399 | &nbsp;&nbsp; $183 |
| &nbsp;&nbsp;&nbsp; Gamida Cell Ltd. CVR (Acquired July 31, 2023 <br> through August 28, 2023, Cost $44,288) <br> (Biotechnology)<br>(a)(c) | 33274 | &nbsp;&nbsp; — |
| **Total Rights (Cost $44,472)** |  | &nbsp;&nbsp; $183 |
| **Total Investments – 98.9% (Cost $207,115,416)**<br> (d) |  | &nbsp;&nbsp; $216163737 |
| **Other Assets in Excess of Liabilities – 1.1%** |  | &nbsp;&nbsp; 2365618 |
| **Net Assets – 100.0%** | **Net Assets – 100.0%** | &nbsp;&nbsp; $218529355 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

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

Abbreviations: <br> ADR: American Depositary Receipts <br> CVR: Contingent Value Right

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

---

| | |
|:---|:---|
| Footnotes: | Footnotes: |
| &nbsp;&nbsp;&nbsp;&nbsp; (a) | Non-income producing security. |
| &nbsp;&nbsp;&nbsp;&nbsp; (b) | Security traded on a foreign exchange has been valued at an estimate of fair value that is different than the local market close price. These fair value estimates <br> are determined by an independent fair valuation service that has been approved by the Board or its designee. These securities represent $11,374,176 or 5.2% of <br> the Portfolio's net assets.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (c) | Represents a security deemed to be restricted. At March 31, 2026, the value of restricted securities in the Portfolio totaled $183, or 0.0% of the Portfolio's net <br> assets.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (d) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 4 of the Notes to Schedules of <br> Investments.<br>|

---

The accompanying notes are an integral part of these financial statements. <br>

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP AB Small Cap Portfolio**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

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

---

| | | |
|:---|:---|:---|
| **Common Stocks–98.5%** | **Shares** | **Value** |
| **Communication Services–1.9%** |  |  |
| Cargurus, Inc. (Interactive Media & Svs.)<br> (a) | &nbsp;&nbsp; 8430 | &nbsp;&nbsp; $287042 |
| Cinemark Holdings, Inc. (Entertainment) | &nbsp;&nbsp; 6250 | &nbsp;&nbsp; 178250 |
| DoubleVerify Holdings, Inc. (Media)<br> (a) | &nbsp;&nbsp; 30070 | &nbsp;&nbsp; 285665 |
| IAC, Inc. (Interactive Media & Svs.)<br> (a) | &nbsp;&nbsp; 11103 | &nbsp;&nbsp; 444453 |
| John Wiley & Sons, Inc. Class A (Media) | &nbsp;&nbsp; 2150 | &nbsp;&nbsp; 81915 |
| &nbsp;&nbsp;&nbsp; Lumen Technologies, Inc. (Diversified Telecom. <br> Svs.)<br>(a) | &nbsp;&nbsp; 93570 | &nbsp;&nbsp; 650311 |
| &nbsp;&nbsp;&nbsp; Madison Square Garden Sports Corp. <br> (Entertainment)<br>(a) | &nbsp;&nbsp; 1740 | &nbsp;&nbsp; 559236 |
| Match Group, Inc. (Interactive Media & Svs.) | &nbsp;&nbsp; 21100 | &nbsp;&nbsp; 647981 |
| Shutterstock, Inc. (Interactive Media & Svs.) | &nbsp;&nbsp; 2280 | &nbsp;&nbsp; 37871 |
| Sphere Entertainment Co. (Entertainment)<br> (a) | &nbsp;&nbsp; 2400 | &nbsp;&nbsp; 281760 |
| &nbsp;&nbsp;&nbsp; Telephone & Data Systems, Inc. (Wireless <br> Telecom. Svs.)<br>| &nbsp;&nbsp; 9780 | &nbsp;&nbsp; 411738 |
| Uniti Group, Inc. (Diversified Telecom. Svs.)<br> (a) | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 469000 |
| Versant Media Group, Inc. (Media) | &nbsp;&nbsp; 13754 | &nbsp;&nbsp; 509173 |
| Yelp, Inc. (Interactive Media & Svs.)<br> (a) | &nbsp;&nbsp; 2696 | &nbsp;&nbsp; 66699 |
| Ziff Davis, Inc. (Interactive Media & Svs.)<br> (a) | &nbsp;&nbsp; 7200 | &nbsp;&nbsp; 302112 |
|  |  | &nbsp;&nbsp; 5213206 |
| **Consumer Discretionary–10.1%** |  |  |
| &nbsp;&nbsp;&nbsp; Academy Sports & Outdoors, Inc. <br> (Specialty Retail)<br>| &nbsp;&nbsp; 6609 | &nbsp;&nbsp; 373078 |
| Acushnet Holdings Corp. (Leisure Products) | &nbsp;&nbsp; 4446 | &nbsp;&nbsp; 415612 |
| Adient PLC (Automobile Components)<br> (a) | &nbsp;&nbsp; 10880 | &nbsp;&nbsp; 219885 |
| ADT, Inc. (Diversified Consumer Svs.) | &nbsp;&nbsp; 47627 | &nbsp;&nbsp; 312909 |
| Advance Auto Parts, Inc. (Specialty Retail) | &nbsp;&nbsp; 5903 | &nbsp;&nbsp; 311383 |
| &nbsp;&nbsp;&nbsp; Asbury Automotive Group, Inc. <br> (Specialty Retail)<br>(a) | &nbsp;&nbsp; 1936 | &nbsp;&nbsp; 378314 |
| Boot Barn Holdings, Inc. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 3060 | &nbsp;&nbsp; 447862 |
| &nbsp;&nbsp;&nbsp; Brinker International, Inc. (Hotels, Restaurants <br> & Leisure)<br>(a) | &nbsp;&nbsp; 3799 | &nbsp;&nbsp; 542383 |
| Buckle, Inc. / The (Specialty Retail) | &nbsp;&nbsp; 2600 | &nbsp;&nbsp; 130936 |
| &nbsp;&nbsp;&nbsp; Caesars Entertainment, Inc. (Hotels, <br> Restaurants & Leisure)<br>(a) | &nbsp;&nbsp; 10960 | &nbsp;&nbsp; 289673 |
| CarMax, Inc. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 14503 | &nbsp;&nbsp; 603035 |
| &nbsp;&nbsp;&nbsp; Carter's, Inc. (Textiles, Apparel & Luxury <br> Goods)<br>| &nbsp;&nbsp; 7100 | &nbsp;&nbsp; 253896 |
| &nbsp;&nbsp;&nbsp; Cava Group, Inc. (Hotels, Restaurants & <br> Leisure)<br>(a) | &nbsp;&nbsp; 18441 | &nbsp;&nbsp; 1491877 |
| Cavco Industries, Inc. (Household Durables)<br> (a) | &nbsp;&nbsp; 780 | &nbsp;&nbsp; 377746 |
| &nbsp;&nbsp;&nbsp; Century Communities, Inc. <br> (Household Durables)<br>| &nbsp;&nbsp; 6460 | &nbsp;&nbsp; 370675 |
| Champion Homes, Inc. (Household Durables)<br> (a) | &nbsp;&nbsp; 5300 | &nbsp;&nbsp; 394161 |
| &nbsp;&nbsp;&nbsp; Cheesecake Factory, Inc. / The (Hotels, <br> Restaurants & Leisure)<br>| &nbsp;&nbsp; 6980 | &nbsp;&nbsp; 382155 |
| Covista, Inc. (Diversified Consumer Svs.)<br> (a) | &nbsp;&nbsp; 3600 | &nbsp;&nbsp; 414900 |
| &nbsp;&nbsp;&nbsp; Cracker Barrel Old Country Store, Inc. (Hotels, <br> Restaurants & Leisure)<br>| &nbsp;&nbsp; 1380 | &nbsp;&nbsp; 38792 |
| Dana, Inc. (Automobile Components) | &nbsp;&nbsp; 6870 | &nbsp;&nbsp; 231176 |
| &nbsp;&nbsp;&nbsp; Dorman Products, Inc. <br> (Automobile Components)<br>(a) | &nbsp;&nbsp; 2640 | &nbsp;&nbsp; 275510 |
| Etsy, Inc. (Broadline Retail)<br> (a) | &nbsp;&nbsp; 9840 | &nbsp;&nbsp; 491803 |
| Frontdoor, Inc. (Diversified Consumer Svs.)<br> (a) | &nbsp;&nbsp; 7261 | &nbsp;&nbsp; 383816 |
| Gentherm, Inc. (Automobile Components)<br> (a) | &nbsp;&nbsp; 12320 | &nbsp;&nbsp; 342250 |
| &nbsp;&nbsp;&nbsp; G-III Apparel Group Ltd. (Textiles, Apparel & <br> Luxury Goods)<br>| &nbsp;&nbsp; 3240 | &nbsp;&nbsp; 89748 |
| &nbsp;&nbsp;&nbsp; Golden Entertainment, Inc. (Hotels, <br> Restaurants & Leisure)<br>| &nbsp;&nbsp; 2690 | &nbsp;&nbsp; 71796 |
| &nbsp;&nbsp;&nbsp; Green Brick Partners, Inc. <br> (Household Durables)<br>(a) | &nbsp;&nbsp; 6030 | &nbsp;&nbsp; 388634 |
| Group 1 Automotive, Inc. (Specialty Retail) | &nbsp;&nbsp; 1302 | &nbsp;&nbsp; 430480 |
| &nbsp;&nbsp;&nbsp; Installed Building Products, Inc. <br> (Household Durables)<br>| &nbsp;&nbsp; 2028 | &nbsp;&nbsp; 537724 |
| Kohl's Corp. (Broadline Retail) | &nbsp;&nbsp; 5490 | &nbsp;&nbsp; 70821 |
| &nbsp;&nbsp;&nbsp; Kontoor Brands, Inc. (Textiles, Apparel & <br> Luxury Goods)<br>| &nbsp;&nbsp; 5100 | &nbsp;&nbsp; 358479 |
| &nbsp;&nbsp;&nbsp; Laureate Education, Inc. (Diversified Consumer <br> Svs.)<br>(a) | &nbsp;&nbsp; 12000 | &nbsp;&nbsp; 418080 |
| LCI Industries (Automobile Components) | &nbsp;&nbsp; 2250 | &nbsp;&nbsp; 276705 |
| &nbsp;&nbsp;&nbsp; Life Time Group Holdings, Inc. (Hotels, <br> Restaurants & Leisure)<br>(a) | &nbsp;&nbsp; 13590 | &nbsp;&nbsp; 366115 |
| LKQ Corp. (Distributors) | &nbsp;&nbsp; 24490 | &nbsp;&nbsp; 719271 |
| M/I (Household Durables)<br> (a) | &nbsp;&nbsp; 2620 | &nbsp;&nbsp; 320819 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Consumer Discretionary (continued)** |  |  |
| &nbsp;&nbsp;&nbsp; Matthews International Corp. Class A <br> (Diversified Consumer Svs.)<br>| &nbsp;&nbsp; 10500 | &nbsp;&nbsp; $271110 |
| Meritage Homes Corp. (Household Durables) | &nbsp;&nbsp; 5820 | &nbsp;&nbsp; 359909 |
| &nbsp;&nbsp;&nbsp; Mister Car Wash, Inc. (Diversified Consumer <br> Svs.)<br>(a) | &nbsp;&nbsp; 36680 | &nbsp;&nbsp; 255660 |
| Mohawk Industries, Inc. (Household Durables)<br> (a) | &nbsp;&nbsp; 4970 | &nbsp;&nbsp; 489346 |
| &nbsp;&nbsp;&nbsp; Monarch Casino & Resort, Inc. (Hotels, <br> Restaurants & Leisure)<br>| &nbsp;&nbsp; 2790 | &nbsp;&nbsp; 266724 |
| &nbsp;&nbsp;&nbsp; National Vision Holdings, Inc. <br> (Specialty Retail)<br>(a) | &nbsp;&nbsp; 69765 | &nbsp;&nbsp; 1806913 |
| &nbsp;&nbsp;&nbsp; Oxford Industries, Inc. (Textiles, Apparel & <br> Luxury Goods)<br>| &nbsp;&nbsp; 950 | &nbsp;&nbsp; 36585 |
| &nbsp;&nbsp;&nbsp; Patrick Industries, Inc. <br> (Automobile Components)<br>| &nbsp;&nbsp; 780 | &nbsp;&nbsp; 86635 |
| &nbsp;&nbsp;&nbsp; Penn Entertainment, Inc. (Hotels, Restaurants <br> & Leisure)<br>(a) | &nbsp;&nbsp; 24430 | &nbsp;&nbsp; 367183 |
| Phinia, Inc. (Automobile Components) | &nbsp;&nbsp; 5200 | &nbsp;&nbsp; 355888 |
| &nbsp;&nbsp;&nbsp; Portillo's, Inc. Class A (Hotels, Restaurants & <br> Leisure)<br>(a) | &nbsp;&nbsp; 125525 | &nbsp;&nbsp; 664027 |
| &nbsp;&nbsp;&nbsp; Red Rock Resorts, Inc. Class A (Hotels, <br> Restaurants & Leisure)<br>| &nbsp;&nbsp; 4676 | &nbsp;&nbsp; 249511 |
| &nbsp;&nbsp;&nbsp; Rush Street Interactive, Inc. (Hotels, <br> Restaurants & Leisure)<br>(a) | &nbsp;&nbsp; 98036 | &nbsp;&nbsp; 2132283 |
| &nbsp;&nbsp;&nbsp; Shake Shack, Inc. Class A (Hotels, Restaurants <br> & Leisure)<br>(a) | &nbsp;&nbsp; 3990 | &nbsp;&nbsp; 352995 |
| SharkNinja, Inc. (Household Durables)<br> (a) | &nbsp;&nbsp; 17493 | &nbsp;&nbsp; 1852509 |
| Signet Jewelers Ltd. (Specialty Retail) | &nbsp;&nbsp; 4094 | &nbsp;&nbsp; 346516 |
| &nbsp;&nbsp;&nbsp; Sonic Automotive, Inc. Class A <br> (Specialty Retail)<br>| &nbsp;&nbsp; 3800 | &nbsp;&nbsp; 260566 |
| Sonos, Inc. (Household Durables)<br> (a) | &nbsp;&nbsp; 9149 | &nbsp;&nbsp; 122597 |
| &nbsp;&nbsp;&nbsp; Steven Madden Ltd. (Textiles, Apparel & <br> Luxury Goods)<br>| &nbsp;&nbsp; 11220 | &nbsp;&nbsp; 380582 |
| Stride, Inc. (Diversified Consumer Svs.)<br> (a) | &nbsp;&nbsp; 4230 | &nbsp;&nbsp; 372959 |
| &nbsp;&nbsp;&nbsp; Texas Roadhouse, Inc. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 880 | &nbsp;&nbsp; 145323 |
| Tri Pointe Homes, Inc. (Household Durables)<br> (a) | &nbsp;&nbsp; 3403 | &nbsp;&nbsp; 159022 |
| Urban Outfitters, Inc. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 5330 | &nbsp;&nbsp; 337656 |
| Victoria's Secret & Co. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 7473 | &nbsp;&nbsp; 346448 |
| &nbsp;&nbsp;&nbsp; Wendy's Co. / The (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 30960 | &nbsp;&nbsp; 215172 |
| Winmark Corp. (Specialty Retail) | &nbsp;&nbsp; 600 | &nbsp;&nbsp; 256530 |
| Winnebago Industries, Inc. (Automobiles) | &nbsp;&nbsp; 1670 | &nbsp;&nbsp; 51753 |
| &nbsp;&nbsp;&nbsp; Wolverine World Wide, Inc. (Textiles, Apparel <br> & Luxury Goods)<br>| &nbsp;&nbsp; 10600 | &nbsp;&nbsp; 172992 |
| YETI Holdings, Inc. (Leisure Products)<br> (a) | &nbsp;&nbsp; 30444 | &nbsp;&nbsp; 1113946 |
|  |  | &nbsp;&nbsp; 27351839 |
| **Consumer Staples–3.0%** |  |  |
| Cal-Maine Foods, Inc. (Food Products) | &nbsp;&nbsp; 875 | &nbsp;&nbsp; 69256 |
| Celsius Holdings, Inc. (Beverages)<br> (a) | &nbsp;&nbsp; 30076 | &nbsp;&nbsp; 1067096 |
| &nbsp;&nbsp;&nbsp; Chefs' Warehouse, Inc. / The (Consumer <br> Staples Distribution & Retail)<br>(a) | &nbsp;&nbsp; 34171 | &nbsp;&nbsp; 2031466 |
| Energizer Holdings, Inc. (Household Products) | &nbsp;&nbsp; 950 | &nbsp;&nbsp; 15599 |
| &nbsp;&nbsp;&nbsp; Fresh Del Monte Produce, Inc. <br> (Food Products)<br>| &nbsp;&nbsp; 2546 | &nbsp;&nbsp; 102502 |
| Freshpet, Inc. (Food Products)<br> (a) | &nbsp;&nbsp; 25840 | &nbsp;&nbsp; 1523526 |
| &nbsp;&nbsp;&nbsp; Grocery Outlet Holding Corp. (Consumer <br> Staples Distribution & Retail)<br>(a) | &nbsp;&nbsp; 22340 | &nbsp;&nbsp; 157497 |
| Interparfums, Inc. (Personal Care Products) | &nbsp;&nbsp; 1775 | &nbsp;&nbsp; 161241 |
| J & J Snack Foods Corp. (Food Products) | &nbsp;&nbsp; 3450 | &nbsp;&nbsp; 273482 |
| Lamb Weston Holdings, Inc. (Food Products) | &nbsp;&nbsp; 12410 | &nbsp;&nbsp; 524447 |
| Once Upon a Farm PBC (Food Products)<br> (a) | &nbsp;&nbsp; 33842 | &nbsp;&nbsp; 553317 |
| &nbsp;&nbsp;&nbsp; PriceSmart, Inc. (Consumer Staples <br> Distribution & Retail)<br>| &nbsp;&nbsp; 2500 | &nbsp;&nbsp; 376250 |
| &nbsp;&nbsp;&nbsp; Reynolds Consumer Products, Inc. <br> (Household Products)<br>| &nbsp;&nbsp; 11390 | &nbsp;&nbsp; 241240 |
| Simply Good Foods Co. / The (Food Products)<br> (a) | &nbsp;&nbsp; 14900 | &nbsp;&nbsp; 213815 |
| &nbsp;&nbsp;&nbsp; United Natural Foods, Inc. (Consumer Staples <br> Distribution & Retail)<br>(a) | &nbsp;&nbsp; 6440 | &nbsp;&nbsp; 290186 |
| Universal Corp. (Tobacco) | &nbsp;&nbsp; 1179 | &nbsp;&nbsp; 62133 |
| Vita Coco Co., Inc. / The (Beverages)<br> (a) | &nbsp;&nbsp; 3915 | &nbsp;&nbsp; 187568 |
| WD-40 Co. (Household Products) | &nbsp;&nbsp; 2050 | &nbsp;&nbsp; 418077 |
|  |  | &nbsp;&nbsp; 8268698 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP AB Small Cap Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Energy–5.3%** |  |  |
| &nbsp;&nbsp;&nbsp; Antero Midstream Corp. (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 88618 | &nbsp;&nbsp; $2020490 |
| Archrock, Inc. (Energy Equip. & Svs.) | &nbsp;&nbsp; 15290 | &nbsp;&nbsp; 532092 |
| Bristow Group, Inc. (Energy Equip. & Svs.) | &nbsp;&nbsp; 5740 | &nbsp;&nbsp; 269149 |
| Cactus, Inc. Class A (Energy Equip. & Svs.) | &nbsp;&nbsp; 6620 | &nbsp;&nbsp; 313589 |
| &nbsp;&nbsp;&nbsp; California Resources Corp. (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 7230 | &nbsp;&nbsp; 500461 |
| &nbsp;&nbsp;&nbsp; Comstock Resources, Inc. (Oil, Gas & <br> Consumable Fuels)<br>(a) | &nbsp;&nbsp; 13800 | &nbsp;&nbsp; 290904 |
| &nbsp;&nbsp;&nbsp; Core Natural Resources, Inc. (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 5143 | &nbsp;&nbsp; 538626 |
| &nbsp;&nbsp;&nbsp; Crescent Energy Co. Class A (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 21700 | &nbsp;&nbsp; 292950 |
| Helmerich & Payne, Inc. (Energy Equip. & Svs.) | &nbsp;&nbsp; 8410 | &nbsp;&nbsp; 303012 |
| &nbsp;&nbsp;&nbsp; Innovex International, Inc. (Energy Equip. & <br> Svs.)<br>(a) | &nbsp;&nbsp; 10340 | &nbsp;&nbsp; 252193 |
| &nbsp;&nbsp;&nbsp; International Seaways, Inc. (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 2600 | &nbsp;&nbsp; 189488 |
| &nbsp;&nbsp;&nbsp; Kinetik Holdings, Inc. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 8759 | &nbsp;&nbsp; 424023 |
| &nbsp;&nbsp;&nbsp; Kodiak Gas Services, Inc. (Energy Equip. & <br> Svs.)<br>| &nbsp;&nbsp; 7780 | &nbsp;&nbsp; 453730 |
| Liberty Energy, Inc. (Energy Equip. & Svs.) | &nbsp;&nbsp; 15590 | &nbsp;&nbsp; 448992 |
| &nbsp;&nbsp;&nbsp; Magnolia Oil & Gas Corp. Class A (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 18380 | &nbsp;&nbsp; 580257 |
| &nbsp;&nbsp;&nbsp; Matador Resources Co. (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 11011 | &nbsp;&nbsp; 695675 |
| Noble Corp. PLC (Energy Equip. & Svs.) | &nbsp;&nbsp; 7410 | &nbsp;&nbsp; 363609 |
| &nbsp;&nbsp;&nbsp; Northern Oil & Gas, Inc. (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 11600 | &nbsp;&nbsp; 339068 |
| &nbsp;&nbsp;&nbsp; Oceaneering International, Inc. (Energy Equip. <br> & Svs.)<br>(a) | &nbsp;&nbsp; 9320 | &nbsp;&nbsp; 330580 |
| &nbsp;&nbsp;&nbsp; Par Pacific Holdings, Inc. (Oil, Gas & <br> Consumable Fuels)<br>(a) | &nbsp;&nbsp; 2840 | &nbsp;&nbsp; 177898 |
| &nbsp;&nbsp;&nbsp; Patterson-UTI Energy, Inc. (Energy Equip. & <br> Svs.)<br>| &nbsp;&nbsp; 30860 | &nbsp;&nbsp; 334214 |
| &nbsp;&nbsp;&nbsp; Peabody Energy Corp. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 12054 | &nbsp;&nbsp; 397179 |
| &nbsp;&nbsp;&nbsp; Permian Resources Corp. Class A (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 100005 | &nbsp;&nbsp; 2132107 |
| SM Energy Co. (Oil, Gas & Consumable Fuels) | &nbsp;&nbsp; 21383 | &nbsp;&nbsp; 666722 |
| Tidewater, Inc. (Energy Equip. & Svs.)<br> (a) | &nbsp;&nbsp; 4270 | &nbsp;&nbsp; 356758 |
| &nbsp;&nbsp;&nbsp; Uranium Energy Corp. (Oil, Gas & Consumable <br> Fuels)<br>(a) | &nbsp;&nbsp; 92569 | &nbsp;&nbsp; 1249681 |
| &nbsp;&nbsp;&nbsp; World Kinect Corp. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 3640 | &nbsp;&nbsp; 83975 |
|  |  | &nbsp;&nbsp; 14537422 |
| **Financials–13.0%** |  |  |
| &nbsp;&nbsp;&nbsp; Acadian Asset Management, Inc. <br> (Capital Markets)<br>| &nbsp;&nbsp; 8927 | &nbsp;&nbsp; 485807 |
| Accelerant Holdings Class A (Insurance)<br> (a) | &nbsp;&nbsp; 41642 | &nbsp;&nbsp; 556337 |
| Ameris Bancorp (Banks) | &nbsp;&nbsp; 6360 | &nbsp;&nbsp; 496016 |
| &nbsp;&nbsp;&nbsp; Apollo Commercial Real Estate Finance, Inc. <br> (Mortgage REIT)<br>| &nbsp;&nbsp; 40800 | &nbsp;&nbsp; 430848 |
| Assured Guaranty Ltd. (Insurance) | &nbsp;&nbsp; 1370 | &nbsp;&nbsp; 111628 |
| Atlantic Union Bankshares Corp. (Banks) | &nbsp;&nbsp; 14125 | &nbsp;&nbsp; 504828 |
| Axos Financial, Inc. (Banks)<br> (a) | &nbsp;&nbsp; 5590 | &nbsp;&nbsp; 475653 |
| Banc of California, Inc. (Banks) | &nbsp;&nbsp; 22480 | &nbsp;&nbsp; 395198 |
| BancFirst Corp. (Banks) | &nbsp;&nbsp; 2200 | &nbsp;&nbsp; 238700 |
| Bancorp, Inc. / The (Banks)<br> (a) | &nbsp;&nbsp; 4570 | &nbsp;&nbsp; 245546 |
| Bank of Hawaii Corp. (Banks) | &nbsp;&nbsp; 3720 | &nbsp;&nbsp; 276210 |
| BankUnited, Inc. (Banks) | &nbsp;&nbsp; 7450 | &nbsp;&nbsp; 336442 |
| Beacon Financial Corp. (Banks) | &nbsp;&nbsp; 16076 | &nbsp;&nbsp; 482280 |
| BGC Group, Inc. Class A (Capital Markets) | &nbsp;&nbsp; 10380 | &nbsp;&nbsp; 101516 |
| &nbsp;&nbsp;&nbsp; Blackstone Mortgage Trust, Inc. Class A <br> (Mortgage REIT)<br>| &nbsp;&nbsp; 2600 | &nbsp;&nbsp; 49790 |
| &nbsp;&nbsp;&nbsp; Bread Financial Holdings, Inc. <br> (Consumer Finance)<br>| &nbsp;&nbsp; 3710 | &nbsp;&nbsp; 277842 |
| Cathay General Bancorp (Banks) | &nbsp;&nbsp; 6850 | &nbsp;&nbsp; 341541 |
| Community Financial System, Inc. (Banks) | &nbsp;&nbsp; 5240 | &nbsp;&nbsp; 307326 |
| Customers Bancorp, Inc. (Banks)<br> (a) | &nbsp;&nbsp; 2500 | &nbsp;&nbsp; 173525 |
| CVB Financial Corp. (Banks) | &nbsp;&nbsp; 500 | &nbsp;&nbsp; 9695 |
| Ellington Financial, Inc. (Mortgage REIT) | &nbsp;&nbsp; 19600 | &nbsp;&nbsp; 232260 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Financials (continued)** |  |  |
| Enact Holdings, Inc. (Financial Services) | &nbsp;&nbsp; 7320 | &nbsp;&nbsp; $298729 |
| Enova International, Inc. (Consumer Finance)<br> (a) | &nbsp;&nbsp; 1900 | &nbsp;&nbsp; 258077 |
| FB Financial Corp. (Banks) | &nbsp;&nbsp; 3190 | &nbsp;&nbsp; 165689 |
| &nbsp;&nbsp;&nbsp; Figure Technology Solutions, Inc. Class A <br> (Consumer Finance)<br>(a) | &nbsp;&nbsp; 21095 | &nbsp;&nbsp; 716175 |
| First Bancorp North Carolina (Banks) | &nbsp;&nbsp; 5430 | &nbsp;&nbsp; 305981 |
| First BanCorp Puerto Rico (Banks) | &nbsp;&nbsp; 15800 | &nbsp;&nbsp; 337488 |
| First Financial Bancorp (Banks) | &nbsp;&nbsp; 10730 | &nbsp;&nbsp; 299152 |
| First Hawaiian, Inc. (Banks) | &nbsp;&nbsp; 12350 | &nbsp;&nbsp; 304304 |
| &nbsp;&nbsp;&nbsp; First Interstate BancSystem, Inc. Class A <br> (Banks)<br>| &nbsp;&nbsp; 8836 | &nbsp;&nbsp; 295122 |
| FirstCash Holdings, Inc. (Consumer Finance) | &nbsp;&nbsp; 12348 | &nbsp;&nbsp; 2321424 |
| &nbsp;&nbsp;&nbsp; Franklin BSP Realty Trust, Inc. <br> (Mortgage REIT)<br>| &nbsp;&nbsp; 25900 | &nbsp;&nbsp; 219891 |
| Fulton Financial Corp. (Banks) | &nbsp;&nbsp; 18050 | &nbsp;&nbsp; 367137 |
| Genworth Financial, Inc. (Insurance)<br> (a) | &nbsp;&nbsp; 40680 | &nbsp;&nbsp; 330322 |
| &nbsp;&nbsp;&nbsp; HA Sustainable Infrastructure Capital, Inc. <br> (Financial Services)<br>| &nbsp;&nbsp; 12280 | &nbsp;&nbsp; 451290 |
| HCI Group, Inc. (Insurance) | &nbsp;&nbsp; 1460 | &nbsp;&nbsp; 225731 |
| Hilltop Holdings, Inc. (Banks) | &nbsp;&nbsp; 8420 | &nbsp;&nbsp; 301604 |
| Horace Mann Educators Corp. (Insurance) | &nbsp;&nbsp; 3140 | &nbsp;&nbsp; 134015 |
| Independent Bank Corp. (Banks) | &nbsp;&nbsp; 4943 | &nbsp;&nbsp; 371763 |
| &nbsp;&nbsp;&nbsp; Jackson Financial, Inc. Class A <br> (Financial Services)<br>| &nbsp;&nbsp; 6907 | &nbsp;&nbsp; 730208 |
| Lincoln National Corp. (Insurance) | &nbsp;&nbsp; 16720 | &nbsp;&nbsp; 593560 |
| Marex Group PLC (Capital Markets) | &nbsp;&nbsp; 44252 | &nbsp;&nbsp; 1972754 |
| MarketAxess Holdings, Inc. (Capital Markets) | &nbsp;&nbsp; 3600 | &nbsp;&nbsp; 593928 |
| Mercury General Corp. (Insurance) | &nbsp;&nbsp; 3300 | &nbsp;&nbsp; 290895 |
| Moelis & Co. Class A (Capital Markets) | &nbsp;&nbsp; 7330 | &nbsp;&nbsp; 417810 |
| Navient Corp. (Consumer Finance) | &nbsp;&nbsp; 28240 | &nbsp;&nbsp; 231003 |
| NBT Bancorp, Inc. (Banks) | &nbsp;&nbsp; 6710 | &nbsp;&nbsp; 285712 |
| NCR Atleos Corp. (Financial Services)<br> (a) | &nbsp;&nbsp; 7290 | &nbsp;&nbsp; 317698 |
| &nbsp;&nbsp;&nbsp; Neptune Insurance Holdings, Inc. Class A <br> (Insurance)<br>(a) | &nbsp;&nbsp; 30955 | &nbsp;&nbsp; 748801 |
| NMI Holdings, Inc. (Financial Services)<br> (a) | &nbsp;&nbsp; 7684 | &nbsp;&nbsp; 288227 |
| OFG Bancorp (Banks) | &nbsp;&nbsp; 6350 | &nbsp;&nbsp; 256921 |
| Palomar Holdings, Inc. (Insurance)<br> (a) | &nbsp;&nbsp; 2650 | &nbsp;&nbsp; 316675 |
| Pathward Financial, Inc. (Banks) | &nbsp;&nbsp; 2070 | &nbsp;&nbsp; 184706 |
| Payoneer Global, Inc. (Financial Services)<br> (a) | &nbsp;&nbsp; 45120 | &nbsp;&nbsp; 217930 |
| Piper Sandler Cos. (Capital Markets) | &nbsp;&nbsp; 31948 | &nbsp;&nbsp; 2445619 |
| PJT Partners, Inc. Class A (Capital Markets) | &nbsp;&nbsp; 2360 | &nbsp;&nbsp; 329739 |
| ProAssurance Corp. (Insurance)<br> (a) | &nbsp;&nbsp; 7110 | &nbsp;&nbsp; 175759 |
| PROG Holdings, Inc. (Consumer Finance) | &nbsp;&nbsp; 2390 | &nbsp;&nbsp; 68569 |
| Provident Financial Services, Inc. (Banks) | &nbsp;&nbsp; 20120 | &nbsp;&nbsp; 425739 |
| Radian Group, Inc. (Financial Services) | &nbsp;&nbsp; 13420 | &nbsp;&nbsp; 443934 |
| Renasant Corp. (Banks) | &nbsp;&nbsp; 9419 | &nbsp;&nbsp; 340308 |
| Rithm Capital Corp. (Mortgage REIT) | &nbsp;&nbsp; 49700 | &nbsp;&nbsp; 471156 |
| S&T Bancorp, Inc. (Banks) | &nbsp;&nbsp; 10490 | &nbsp;&nbsp; 438797 |
| Safety Insurance Group, Inc. (Insurance) | &nbsp;&nbsp; 3540 | &nbsp;&nbsp; 257146 |
| Seacoast Banking Corp. of Florida (Banks) | &nbsp;&nbsp; 8730 | &nbsp;&nbsp; 264432 |
| ServisFirst Bancshares, Inc. (Banks) | &nbsp;&nbsp; 4980 | &nbsp;&nbsp; 362693 |
| Simmons First National Corp. Class A (Banks) | &nbsp;&nbsp; 13390 | &nbsp;&nbsp; 260436 |
| Stellar Bancorp, Inc. (Banks) | &nbsp;&nbsp; 8920 | &nbsp;&nbsp; 326561 |
| &nbsp;&nbsp;&nbsp; StepStone Group, Inc. Class A <br> (Capital Markets)<br>| &nbsp;&nbsp; 7130 | &nbsp;&nbsp; 340244 |
| &nbsp;&nbsp;&nbsp; Stewart Information Services Corp. <br> (Insurance)<br>| &nbsp;&nbsp; 4150 | &nbsp;&nbsp; 255557 |
| Stifel Financial Corp. (Capital Markets) | &nbsp;&nbsp; 20376 | &nbsp;&nbsp; 1506194 |
| StoneX Group, Inc. (Capital Markets)<br> (a) | &nbsp;&nbsp; 6865 | &nbsp;&nbsp; 553662 |
| Tompkins Financial Corp. (Banks) | &nbsp;&nbsp; 90 | &nbsp;&nbsp; 7096 |
| Trupanion, Inc. (Insurance)<br> (a) | &nbsp;&nbsp; 8780 | &nbsp;&nbsp; 224856 |
| &nbsp;&nbsp;&nbsp; Two Harbors Investment Corp. <br> (Mortgage REIT)<br>| &nbsp;&nbsp; 9510 | &nbsp;&nbsp; 108604 |
| United Community Banks, Inc. (Banks) | &nbsp;&nbsp; 12036 | &nbsp;&nbsp; 379014 |
| &nbsp;&nbsp;&nbsp; Victory Capital Holdings, Inc. Class A <br> (Capital Markets)<br>| &nbsp;&nbsp; 4435 | &nbsp;&nbsp; 290404 |
| Virtu Financial, Inc. Class A (Capital Markets) | &nbsp;&nbsp; 7500 | &nbsp;&nbsp; 329850 |
| WaFd, Inc. (Banks) | &nbsp;&nbsp; 13320 | &nbsp;&nbsp; 418248 |
| Walker & Dunlop, Inc. (Financial Services) | &nbsp;&nbsp; 4640 | &nbsp;&nbsp; 205923 |
| Westamerica BanCorp (Banks) | &nbsp;&nbsp; 2230 | &nbsp;&nbsp; 116295 |
| Western Alliance Bancorp (Banks) | &nbsp;&nbsp; 20434 | &nbsp;&nbsp; 1447749 |
| WisdomTree, Inc. (Capital Markets) | &nbsp;&nbsp; 10600 | &nbsp;&nbsp; 154336 |
| World Acceptance Corp. (Consumer Finance)<br> (a) | &nbsp;&nbsp; 1836 | &nbsp;&nbsp; 247933 |
| WSFS Financial Corp. (Banks) | &nbsp;&nbsp; 4771 | &nbsp;&nbsp; 312310 |
|  |  | &nbsp;&nbsp; 35188873 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP AB Small Cap Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Health Care–18.2%** |  |  |
| &nbsp;&nbsp;&nbsp; Acadia Healthcare Co., Inc. (Health Care <br> Providers & Svs.)<br>(a) | &nbsp;&nbsp; 14010 | &nbsp;&nbsp; $327694 |
| &nbsp;&nbsp;&nbsp; Addus HomeCare Corp. (Health Care Providers <br> & Svs.)<br>(a) | &nbsp;&nbsp; 3480 | &nbsp;&nbsp; 325902 |
| ADMA Biologics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 23650 | &nbsp;&nbsp; 213087 |
| Alkermes PLC (Biotechnology)<br> (a) | &nbsp;&nbsp; 16360 | &nbsp;&nbsp; 578490 |
| &nbsp;&nbsp;&nbsp; AMN Healthcare Services, Inc. (Health Care <br> Providers & Svs.)<br>(a) | &nbsp;&nbsp; 2150 | &nbsp;&nbsp; 39431 |
| &nbsp;&nbsp;&nbsp; Amneal Pharmaceuticals, Inc. <br> (Pharmaceuticals)<br>(a) | &nbsp;&nbsp; 16038 | &nbsp;&nbsp; 199352 |
| &nbsp;&nbsp;&nbsp; Amphastar Pharmaceuticals, Inc. <br> (Pharmaceuticals)<br>(a) | &nbsp;&nbsp; 13430 | &nbsp;&nbsp; 263094 |
| ANI Pharmaceuticals, Inc. (Pharmaceuticals)<br> (a) | &nbsp;&nbsp; 1630 | &nbsp;&nbsp; 125347 |
| Apellis Pharmaceuticals, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 9679 | &nbsp;&nbsp; 389386 |
| Apogee Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 13782 | &nbsp;&nbsp; 1160031 |
| Arcus Biosciences, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 11080 | &nbsp;&nbsp; 239328 |
| Ascendis Pharma A/S – ADR (Biotechnology)<br> (a) | &nbsp;&nbsp; 3584 | &nbsp;&nbsp; 819768 |
| &nbsp;&nbsp;&nbsp; Astrana Health, Inc. (Health Care Providers & <br> Svs.)<br>(a) | &nbsp;&nbsp; 9810 | &nbsp;&nbsp; 240541 |
| AtriCure, Inc. (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 45253 | &nbsp;&nbsp; 1291068 |
| Azenta, Inc. (Life Sciences Tools & Svs.)<br> (a) | &nbsp;&nbsp; 4857 | &nbsp;&nbsp; 102628 |
| &nbsp;&nbsp;&nbsp; Billiontoone, Inc. Class A (Health Care <br> Providers & Svs.)<br>(a) | &nbsp;&nbsp; 5892 | &nbsp;&nbsp; 465114 |
| &nbsp;&nbsp;&nbsp; BioLife Solutions, Inc. (Life Sciences Tools & <br> Svs.)<br>(a) | &nbsp;&nbsp; 10000 | &nbsp;&nbsp; 190800 |
| Bridgebio Pharma, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 25559 | &nbsp;&nbsp; 1898011 |
| &nbsp;&nbsp;&nbsp; BrightSpring Health Services, Inc. (Health Care <br> Providers & Svs.)<br>(a) | &nbsp;&nbsp; 63152 | &nbsp;&nbsp; 2690907 |
| Celcuity, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 10261 | &nbsp;&nbsp; 1171191 |
| Certara, Inc. (Health Care Technology)<br> (a) | &nbsp;&nbsp; 27670 | &nbsp;&nbsp; 157719 |
| CG oncology, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 17127 | &nbsp;&nbsp; 1159155 |
| &nbsp;&nbsp;&nbsp; CONMED Corp. (Health Care Equip. & <br> Supplies)<br>| &nbsp;&nbsp; 1540 | &nbsp;&nbsp; 54454 |
| Corcept Therapeutics, Inc. (Pharmaceuticals)<br> (a) | &nbsp;&nbsp; 9290 | &nbsp;&nbsp; 374480 |
| CorVel Corp. (Health Care Providers & Svs.)<br> (a) | &nbsp;&nbsp; 5060 | &nbsp;&nbsp; 276529 |
| Denali Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 37852 | &nbsp;&nbsp; 726758 |
| Dianthus Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 12476 | &nbsp;&nbsp; 1046986 |
| &nbsp;&nbsp;&nbsp; Edgewise Therapeutics, Inc. <br> (Pharmaceuticals)<br>(a) | &nbsp;&nbsp; 24636 | &nbsp;&nbsp; 776034 |
| Eikon Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 24676 | &nbsp;&nbsp; 261072 |
| Enliven Therapeutics, Inc. (Pharmaceuticals)<br> (a) | &nbsp;&nbsp; 17666 | &nbsp;&nbsp; 692507 |
| Erasca, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 35292 | &nbsp;&nbsp; 571025 |
| Glaukos Corp. (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 22542 | &nbsp;&nbsp; 2426872 |
| &nbsp;&nbsp;&nbsp; Guardant Health, Inc. (Health Care Providers & <br> Svs.)<br>(a) | &nbsp;&nbsp; 28125 | &nbsp;&nbsp; 2597906 |
| Halozyme Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 9864 | &nbsp;&nbsp; 637510 |
| &nbsp;&nbsp;&nbsp; Harmony Biosciences Holdings, Inc. <br> (Pharmaceuticals)<br>(a) | &nbsp;&nbsp; 13300 | &nbsp;&nbsp; 372533 |
| HeartFlow, Inc. (Health Care Technology)<br> (a) | &nbsp;&nbsp; 31940 | &nbsp;&nbsp; 777100 |
| &nbsp;&nbsp;&nbsp; ICU Medical, Inc. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 2450 | &nbsp;&nbsp; 316417 |
| &nbsp;&nbsp;&nbsp; Indivior Pharmaceuticals, Inc. <br> (Pharmaceuticals)<br>(a) | &nbsp;&nbsp; 11900 | &nbsp;&nbsp; 362712 |
| &nbsp;&nbsp;&nbsp; Inspire Medical Systems, Inc. (Health Care <br> Equip. & Supplies)<br>(a) | &nbsp;&nbsp; 2600 | &nbsp;&nbsp; 134108 |
| &nbsp;&nbsp;&nbsp; Integer Holdings Corp. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 3220 | &nbsp;&nbsp; 283360 |
| &nbsp;&nbsp;&nbsp; Integra LifeSciences Holdings Corp. (Health <br> Care Equip. & Supplies)<br>(a) | &nbsp;&nbsp; 19330 | &nbsp;&nbsp; 182089 |
| &nbsp;&nbsp;&nbsp; Kestra Medical Technologies Ltd. (Health Care <br> Equip. & Supplies)<br>(a) | &nbsp;&nbsp; 31839 | &nbsp;&nbsp; 634551 |
| Krystal Biotech, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 2550 | &nbsp;&nbsp; 658716 |
| Kymera Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 12177 | &nbsp;&nbsp; 1014222 |
| &nbsp;&nbsp;&nbsp; LeMaitre Vascular, Inc. (Health Care Equip. & <br> Supplies)<br>| &nbsp;&nbsp; 4360 | &nbsp;&nbsp; 475981 |
| &nbsp;&nbsp;&nbsp; Ligand Pharmaceuticals, Inc. <br> (Pharmaceuticals)<br>(a) | &nbsp;&nbsp; 1900 | &nbsp;&nbsp; 379335 |
| &nbsp;&nbsp;&nbsp; Lumexa Imaging Holdings, Inc. (Health Care <br> Providers & Svs.)<br>(a) | &nbsp;&nbsp; 44190 | &nbsp;&nbsp; 380034 |
| &nbsp;&nbsp;&nbsp; Madrigal Pharmaceuticals, Inc. <br> (Biotechnology)<br>(a) | &nbsp;&nbsp; 1707 | &nbsp;&nbsp; 893563 |
| &nbsp;&nbsp;&nbsp; Merit Medical Systems, Inc. (Health Care <br> Equip. & Supplies)<br>(a) | &nbsp;&nbsp; 5870 | &nbsp;&nbsp; 404619 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Health Care (continued)** |  |  |
| Mineralys Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 21112 | &nbsp;&nbsp; $571924 |
| &nbsp;&nbsp;&nbsp; Molina Healthcare, Inc. (Health Care Providers <br> & Svs.)<br>(a) | &nbsp;&nbsp; 4600 | &nbsp;&nbsp; 613180 |
| &nbsp;&nbsp;&nbsp; National HealthCare Corp. (Health Care <br> Providers & Svs.)<br>| &nbsp;&nbsp; 2610 | &nbsp;&nbsp; 416817 |
| Neogen Corp. (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 24980 | &nbsp;&nbsp; 232064 |
| &nbsp;&nbsp;&nbsp; Newamsterdam Pharma Co. N.V. <br> (Biotechnology)<br>(a) | &nbsp;&nbsp; 16405 | &nbsp;&nbsp; 525124 |
| Nuvalent, Inc. Class A (Biotechnology)<br> (a) | &nbsp;&nbsp; 10835 | &nbsp;&nbsp; 1110046 |
| Ocular Therapeutix, Inc. (Pharmaceuticals)<br> (a) | &nbsp;&nbsp; 61693 | &nbsp;&nbsp; 522540 |
| Organon & Co. (Pharmaceuticals) | &nbsp;&nbsp; 27600 | &nbsp;&nbsp; 165324 |
| Palvella Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 6174 | &nbsp;&nbsp; 769589 |
| &nbsp;&nbsp;&nbsp; Prestige Consumer Healthcare, Inc. <br> (Pharmaceuticals)<br>(a) | &nbsp;&nbsp; 4880 | &nbsp;&nbsp; 289238 |
| Protagonist Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 5800 | &nbsp;&nbsp; 611320 |
| PTC Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 7738 | &nbsp;&nbsp; 527190 |
| RadNet, Inc. (Health Care Providers & Svs.)<br> (a) | &nbsp;&nbsp; 2000 | &nbsp;&nbsp; 111780 |
| Rapport Therapeutics, Inc. (Pharmaceuticals)<br> (a) | &nbsp;&nbsp; 16997 | &nbsp;&nbsp; 531836 |
| Repligen Corp. (Life Sciences Tools & Svs.)<br> (a) | &nbsp;&nbsp; 11040 | &nbsp;&nbsp; 1300733 |
| Rhythm Pharmaceuticals, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 12709 | &nbsp;&nbsp; 1105302 |
| Sarepta Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 15556 | &nbsp;&nbsp; 338499 |
| &nbsp;&nbsp;&nbsp; Select Medical Holdings Corp. (Health Care <br> Providers & Svs.)<br>| &nbsp;&nbsp; 25110 | &nbsp;&nbsp; 409042 |
| &nbsp;&nbsp;&nbsp; Structure Therapeutics, Inc. – ADR <br> (Pharmaceuticals)<br>(a) | &nbsp;&nbsp; 8542 | &nbsp;&nbsp; 411724 |
| &nbsp;&nbsp;&nbsp; Supernus Pharmaceuticals, Inc. <br> (Pharmaceuticals)<br>(a) | &nbsp;&nbsp; 3810 | &nbsp;&nbsp; 196939 |
| Teleflex, Inc. (Health Care Equip. & Supplies) | &nbsp;&nbsp; 4380 | &nbsp;&nbsp; 523892 |
| &nbsp;&nbsp;&nbsp; Terns Pharmaceuticals, Inc. <br> (Pharmaceuticals)<br>(a) | &nbsp;&nbsp; 14020 | &nbsp;&nbsp; 739134 |
| TG Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 13450 | &nbsp;&nbsp; 446809 |
| &nbsp;&nbsp;&nbsp; TransMedics Group, Inc. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 3380 | &nbsp;&nbsp; 336006 |
| Trevi Therapeutics, Inc. (Pharmaceuticals)<br> (a) | &nbsp;&nbsp; 67907 | &nbsp;&nbsp; 810131 |
| &nbsp;&nbsp;&nbsp; UFP Technologies, Inc. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 1760 | &nbsp;&nbsp; 340736 |
| Vera Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 17996 | &nbsp;&nbsp; 723979 |
| Veracyte, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 7180 | &nbsp;&nbsp; 231268 |
| Vericel Corp. (Biotechnology)<br> (a) | &nbsp;&nbsp; 6320 | &nbsp;&nbsp; 203314 |
| Vir Biotechnology, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 7820 | &nbsp;&nbsp; 70067 |
| Viridian Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 30442 | &nbsp;&nbsp; 595446 |
| &nbsp;&nbsp;&nbsp; Waystar Holding Corp. (Health Care <br> Technology)<br>(a) | &nbsp;&nbsp; 11427 | &nbsp;&nbsp; 275505 |
| Xenon Pharmaceuticals, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 19405 | &nbsp;&nbsp; 1128401 |
| Zenas Biopharma, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 22163 | &nbsp;&nbsp; 433287 |
|  |  | &nbsp;&nbsp; 49377703 |
| **Industrials–21.4%** |  |  |
| AAR Corp. (Aerospace & Defense)<br> (a) | &nbsp;&nbsp; 3813 | &nbsp;&nbsp; 417371 |
| &nbsp;&nbsp;&nbsp; Air Lease Corp. (Trading Companies & <br> Distributors)<br>| &nbsp;&nbsp; 7713 | &nbsp;&nbsp; 500882 |
| Alamo Group, Inc. (Machinery) | &nbsp;&nbsp; 1980 | &nbsp;&nbsp; 326641 |
| Amentum Holdings, Inc. (Professional Svs.)<br> (a) | &nbsp;&nbsp; 5400 | &nbsp;&nbsp; 140832 |
| Apogee Enterprises, Inc. (Building Products) | &nbsp;&nbsp; 8050 | &nbsp;&nbsp; 269997 |
| ArcBest Corp. (Ground Transportation) | &nbsp;&nbsp; 1059 | &nbsp;&nbsp; 104163 |
| Arcosa, Inc. (Construction & Engineering) | &nbsp;&nbsp; 4510 | &nbsp;&nbsp; 478691 |
| Argan, Inc. (Construction & Engineering) | &nbsp;&nbsp; 1240 | &nbsp;&nbsp; 675366 |
| &nbsp;&nbsp;&nbsp; Armstrong World Industries, Inc. <br> (Building Products)<br>| &nbsp;&nbsp; 4190 | &nbsp;&nbsp; 690512 |
| AZZ, Inc. (Building Products) | &nbsp;&nbsp; 2970 | &nbsp;&nbsp; 371636 |
| Bloom Energy Corp. Class A (Electrical Equip.)<br> (a) | &nbsp;&nbsp; 23803 | &nbsp;&nbsp; 3225068 |
| &nbsp;&nbsp;&nbsp; Boise Cascade Co. (Trading Companies & <br> Distributors)<br>| &nbsp;&nbsp; 3690 | &nbsp;&nbsp; 279886 |
| &nbsp;&nbsp;&nbsp; Brady Corp. Class A (Commercial Svs. & <br> Supplies)<br>| &nbsp;&nbsp; 4030 | &nbsp;&nbsp; 327397 |
| &nbsp;&nbsp;&nbsp; Casella Waste Systems, Inc. Class A <br> (Commercial Svs. & Supplies)<br>(a) | &nbsp;&nbsp; 2840 | &nbsp;&nbsp; 225326 |
| CoreCivic, Inc. (Commercial Svs. & Supplies)<br> (a) | &nbsp;&nbsp; 14930 | &nbsp;&nbsp; 282326 |
| CSW Industrials, Inc. (Building Products) | &nbsp;&nbsp; 1670 | &nbsp;&nbsp; 435169 |
| &nbsp;&nbsp;&nbsp; DXP Enterprises, Inc. (Trading Companies & <br> Distributors)<br>(a) | &nbsp;&nbsp; 3100 | &nbsp;&nbsp; 433163 |
| Enerpac Tool Group Corp. (Machinery) | &nbsp;&nbsp; 9220 | &nbsp;&nbsp; 336253 |
| Enpro, Inc. (Machinery) | &nbsp;&nbsp; 9210 | &nbsp;&nbsp; 2308486 |
| Enviri Corp. (Commercial Svs. & Supplies)<br> (a) | &nbsp;&nbsp; 14660 | &nbsp;&nbsp; 287629 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP AB Small Cap Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Industrials (continued)** |  |  |
| ESCO Technologies, Inc. (Machinery) | &nbsp;&nbsp; 10834 | &nbsp;&nbsp; $3048363 |
| &nbsp;&nbsp;&nbsp; Everus Construction Group, Inc. (Construction <br> & Engineering)<br>(a) | &nbsp;&nbsp; 20892 | &nbsp;&nbsp; 2466510 |
| Federal Signal Corp. (Machinery) | &nbsp;&nbsp; 5870 | &nbsp;&nbsp; 634782 |
| &nbsp;&nbsp;&nbsp; Forgent Power Solutions, Inc. <br> (Electrical Equip.)<br>(a) | &nbsp;&nbsp; 29129 | &nbsp;&nbsp; 852606 |
| Franklin Electric Co., Inc. (Machinery) | &nbsp;&nbsp; 3790 | &nbsp;&nbsp; 349324 |
| FTI Consulting, Inc. (Professional Svs.)<br> (a) | &nbsp;&nbsp; 10578 | &nbsp;&nbsp; 1869873 |
| Gates Industrial Corp. PLC (Machinery)<br> (a) | &nbsp;&nbsp; 25532 | &nbsp;&nbsp; 577279 |
| Generac Holdings, Inc. (Electrical Equip.)<br> (a) | &nbsp;&nbsp; 6540 | &nbsp;&nbsp; 1277458 |
| &nbsp;&nbsp;&nbsp; GEO Group, Inc. / The (Commercial Svs. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 20610 | &nbsp;&nbsp; 346454 |
| Gibraltar Industries, Inc. (Building Products)<br> (a) | &nbsp;&nbsp; 6230 | &nbsp;&nbsp; 248390 |
| &nbsp;&nbsp;&nbsp; Granite Construction, Inc. (Construction & <br> Engineering)<br>| &nbsp;&nbsp; 3970 | &nbsp;&nbsp; 475924 |
| Hayward Holdings, Inc. (Building Products)<br> (a) | &nbsp;&nbsp; 19760 | &nbsp;&nbsp; 264389 |
| &nbsp;&nbsp;&nbsp; Hertz Global Holdings, Inc. <br> (Ground Transportation)<br>(a) | &nbsp;&nbsp; 48400 | &nbsp;&nbsp; 223124 |
| HNI Corp. (Commercial Svs. & Supplies) | &nbsp;&nbsp; 6170 | &nbsp;&nbsp; 206016 |
| &nbsp;&nbsp;&nbsp; Hub Group, Inc. Class A (Air Freight & <br> Logistics)<br>| &nbsp;&nbsp; 6970 | &nbsp;&nbsp; 251199 |
| Insperity, Inc. (Professional Svs.) | &nbsp;&nbsp; 6900 | &nbsp;&nbsp; 186576 |
| Interface, Inc. (Commercial Svs. & Supplies) | &nbsp;&nbsp; 5870 | &nbsp;&nbsp; 146280 |
| ITT, Inc. (Machinery) | &nbsp;&nbsp; 8822 | &nbsp;&nbsp; 1680856 |
| JBT Marel Corp. (Machinery) | &nbsp;&nbsp; 4654 | &nbsp;&nbsp; 595107 |
| JetBlue Airways Corp. (Passenger Airlines)<br> (a) | &nbsp;&nbsp; 59430 | &nbsp;&nbsp; 262681 |
| Kadant, Inc. (Machinery) | &nbsp;&nbsp; 1170 | &nbsp;&nbsp; 342049 |
| Karman Holdings, Inc. (Aerospace & Defense)<br> (a) | &nbsp;&nbsp; 15032 | &nbsp;&nbsp; 1203312 |
| Kennametal, Inc. (Machinery) | &nbsp;&nbsp; 6910 | &nbsp;&nbsp; 249658 |
| Korn Ferry (Professional Svs.) | &nbsp;&nbsp; 5140 | &nbsp;&nbsp; 323563 |
| &nbsp;&nbsp;&nbsp; Kratos Defense & Security Solutions, Inc. <br> (Aerospace & Defense)<br>(a) | &nbsp;&nbsp; 30843 | &nbsp;&nbsp; 2174740 |
| Lyft, Inc. Class A (Ground Transportation)<br> (a) | &nbsp;&nbsp; 35600 | &nbsp;&nbsp; 473480 |
| ManpowerGroup, Inc. (Professional Svs.) | &nbsp;&nbsp; 7000 | &nbsp;&nbsp; 206220 |
| Marten Transport Ltd. (Ground Transportation) | &nbsp;&nbsp; 4660 | &nbsp;&nbsp; 61186 |
| Masterbrand, Inc. (Building Products)<br> (a) | &nbsp;&nbsp; 6500 | &nbsp;&nbsp; 54015 |
| Matson, Inc. (Marine Transportation) | &nbsp;&nbsp; 3154 | &nbsp;&nbsp; 517067 |
| Mercury Systems, Inc. (Aerospace & Defense)<br> (a) | &nbsp;&nbsp; 5225 | &nbsp;&nbsp; 380955 |
| MillerKnoll, Inc. (Commercial Svs. & Supplies) | &nbsp;&nbsp; 3990 | &nbsp;&nbsp; 57695 |
| Modine Manufacturing Co. (Building Products)<br> (a) | &nbsp;&nbsp; 12081 | &nbsp;&nbsp; 2618074 |
| &nbsp;&nbsp;&nbsp; Mueller Water Products, Inc. Class A <br> (Machinery)<br>| &nbsp;&nbsp; 15490 | &nbsp;&nbsp; 425820 |
| MYR Group, Inc. (Construction & Engineering)<br> (a) | &nbsp;&nbsp; 620 | &nbsp;&nbsp; 175038 |
| Nextpower, Inc. Class A (Electrical Equip.)<br> (a) | &nbsp;&nbsp; 25875 | &nbsp;&nbsp; 3119231 |
| OPENLANE, Inc. (Commercial Svs. & Supplies)<br> (a) | &nbsp;&nbsp; 10540 | &nbsp;&nbsp; 307241 |
| Paycom Software, Inc. (Professional Svs.) | &nbsp;&nbsp; 4400 | &nbsp;&nbsp; 534776 |
| &nbsp;&nbsp;&nbsp; Pitney Bowes, Inc. (Commercial Svs. & <br> Supplies)<br>| &nbsp;&nbsp; 25150 | &nbsp;&nbsp; 277907 |
| Planet Labs PBC (Professional Svs.)<br> (a) | &nbsp;&nbsp; 56939 | &nbsp;&nbsp; 1591445 |
| Powell Industries, Inc. (Electrical Equip.) | &nbsp;&nbsp; 930 | &nbsp;&nbsp; 503204 |
| &nbsp;&nbsp;&nbsp; Primoris Services Corp. (Construction & <br> Engineering)<br>| &nbsp;&nbsp; 20271 | &nbsp;&nbsp; 2899564 |
| Resideo Technologies, Inc. (Building Products)<br> (a) | &nbsp;&nbsp; 13560 | &nbsp;&nbsp; 457108 |
| Robert Half, Inc. (Professional Svs.) | &nbsp;&nbsp; 9930 | &nbsp;&nbsp; 252222 |
| &nbsp;&nbsp;&nbsp; Rush Enterprises, Inc. Class A (Trading <br> Companies & Distributors)<br>| &nbsp;&nbsp; 6086 | &nbsp;&nbsp; 402345 |
| RXO, Inc. (Ground Transportation)<br> (a) | &nbsp;&nbsp; 16256 | &nbsp;&nbsp; 237663 |
| Saia, Inc. (Ground Transportation)<br> (a) | &nbsp;&nbsp; 4459 | &nbsp;&nbsp; 1566358 |
| &nbsp;&nbsp;&nbsp; Schneider National, Inc. Class B <br> (Ground Transportation)<br>| &nbsp;&nbsp; 8082 | &nbsp;&nbsp; 213042 |
| SkyWest, Inc. (Passenger Airlines)<br> (a) | &nbsp;&nbsp; 4000 | &nbsp;&nbsp; 367320 |
| SPX Technologies, Inc. (Machinery)<br> (a) | &nbsp;&nbsp; 11757 | &nbsp;&nbsp; 2350695 |
| Standex International Corp. (Machinery) | &nbsp;&nbsp; 1240 | &nbsp;&nbsp; 316026 |
| Sunrun, Inc. (Electrical Equip.)<br> (a) | &nbsp;&nbsp; 22382 | &nbsp;&nbsp; 303500 |
| Titan International, Inc. (Machinery)<br> (a) | &nbsp;&nbsp; 7860 | &nbsp;&nbsp; 54313 |
| Trinity Industries, Inc. (Machinery) | &nbsp;&nbsp; 13890 | &nbsp;&nbsp; 446980 |
| UniFirst Corp. (Commercial Svs. & Supplies) | &nbsp;&nbsp; 1380 | &nbsp;&nbsp; 347194 |
| Upwork, Inc. (Professional Svs.)<br> (a) | &nbsp;&nbsp; 12918 | &nbsp;&nbsp; 141581 |
| Verra Mobility Corp. (Professional Svs.)<br> (a) | &nbsp;&nbsp; 15848 | &nbsp;&nbsp; 226468 |
| &nbsp;&nbsp;&nbsp; Voyager Technologies, Inc. Class A (Aerospace <br> & Defense)<br>(a) | &nbsp;&nbsp; 23894 | &nbsp;&nbsp; 558881 |
| VSE Corp. (Aerospace & Defense) | &nbsp;&nbsp; 2570 | &nbsp;&nbsp; 473908 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Industrials (continued)** |  |  |
| &nbsp;&nbsp;&nbsp; WillScot Holdings Corp. (Construction & <br> Engineering)<br>| &nbsp;&nbsp; 16007 | &nbsp;&nbsp; $277882 |
| &nbsp;&nbsp;&nbsp; Zurn Elkay Water Solutions Corp. <br> (Building Products)<br>| &nbsp;&nbsp; 56394 | &nbsp;&nbsp; 2528707 |
|  |  | &nbsp;&nbsp; 58098418 |
| **Information Technology–17.4%** |  |  |
| ACI Worldwide, Inc. (Software)<br> (a) | &nbsp;&nbsp; 10266 | &nbsp;&nbsp; 421009 |
| &nbsp;&nbsp;&nbsp; ACM Research, Inc. Class A (Semiconductors <br> & Equip.)<br>(a) | &nbsp;&nbsp; 4334 | &nbsp;&nbsp; 170543 |
| &nbsp;&nbsp;&nbsp; Advanced Energy Industries, Inc. (Electronic <br> Equip., Instr. & Comp.)<br>| &nbsp;&nbsp; 8855 | &nbsp;&nbsp; 2857597 |
| Agilysys, Inc. (Software)<br> (a) | &nbsp;&nbsp; 2500 | &nbsp;&nbsp; 177850 |
| Alarm.com Holdings, Inc. (Software)<br> (a) | &nbsp;&nbsp; 7500 | &nbsp;&nbsp; 323925 |
| &nbsp;&nbsp;&nbsp; Allegro MicroSystems, Inc. (Semiconductors & <br> Equip.)<br>(a) | &nbsp;&nbsp; 40549 | &nbsp;&nbsp; 1278510 |
| &nbsp;&nbsp;&nbsp; Alpha & Omega Semiconductor Ltd. <br> (Semiconductors & Equip.)<br>(a) | &nbsp;&nbsp; 2680 | &nbsp;&nbsp; 59389 |
| Ambiq Micro, Inc. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 18092 | &nbsp;&nbsp; 459718 |
| ASGN, Inc. (IT Svs.)<br> (a) | &nbsp;&nbsp; 7240 | &nbsp;&nbsp; 280260 |
| &nbsp;&nbsp;&nbsp; Badger Meter, Inc. (Electronic Equip., Instr. & <br> Comp.)<br>| &nbsp;&nbsp; 2680 | &nbsp;&nbsp; 408298 |
| BlackLine, Inc. (Software)<br> (a) | &nbsp;&nbsp; 7970 | &nbsp;&nbsp; 294890 |
| Box, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 14370 | &nbsp;&nbsp; 339707 |
| Calix, Inc. (Communications Equip.)<br> (a) | &nbsp;&nbsp; 5890 | &nbsp;&nbsp; 288551 |
| Cleanspark, Inc. (Software)<br> (a) | &nbsp;&nbsp; 27900 | &nbsp;&nbsp; 237429 |
| Clear Secure, Inc. Class A (Software) | &nbsp;&nbsp; 6600 | &nbsp;&nbsp; 319506 |
| &nbsp;&nbsp;&nbsp; Corsair Gaming, Inc. (Tech. Hardware, Storage <br> & Periph.)<br>(a) | &nbsp;&nbsp; 9060 | &nbsp;&nbsp; 50283 |
| &nbsp;&nbsp;&nbsp; Credo Technology Group Holding Ltd. <br> (Semiconductors & Equip.)<br>(a) | &nbsp;&nbsp; 25322 | &nbsp;&nbsp; 2376976 |
| CTS Corp. (Electronic Equip., Instr. & Comp.) | &nbsp;&nbsp; 2150 | &nbsp;&nbsp; 102684 |
| &nbsp;&nbsp;&nbsp; Digi International, Inc. <br> (Communications Equip.)<br>(a) | &nbsp;&nbsp; 4380 | &nbsp;&nbsp; 211116 |
| DigitalOcean Holdings, Inc. (IT Svs.)<br> (a) | &nbsp;&nbsp; 38319 | &nbsp;&nbsp; 3287004 |
| Diodes, Inc. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 7520 | &nbsp;&nbsp; 513315 |
| &nbsp;&nbsp;&nbsp; Enphase Energy, Inc. (Semiconductors & <br> Equip.)<br>(a) | &nbsp;&nbsp; 13000 | &nbsp;&nbsp; 491530 |
| &nbsp;&nbsp;&nbsp; Extreme Networks, Inc. <br> (Communications Equip.)<br>(a) | &nbsp;&nbsp; 13090 | &nbsp;&nbsp; 197397 |
| Fabrinet (Electronic Equip., Instr. & Comp.)<br> (a) | &nbsp;&nbsp; 6593 | &nbsp;&nbsp; 3438380 |
| FormFactor, Inc. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 24261 | &nbsp;&nbsp; 2353074 |
| Harmonic, Inc. (Communications Equip.)<br> (a) | &nbsp;&nbsp; 2597 | &nbsp;&nbsp; 23321 |
| Impinj, Inc. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 2590 | &nbsp;&nbsp; 265993 |
| &nbsp;&nbsp;&nbsp; Insight Enterprises, Inc. (Electronic Equip., <br> Instr. & Comp.)<br>(a) | &nbsp;&nbsp; 3120 | &nbsp;&nbsp; 209071 |
| Itron, Inc. (Electronic Equip., Instr. & Comp.)<br> (a) | &nbsp;&nbsp; 4530 | &nbsp;&nbsp; 406024 |
| JFrog Ltd. (Software)<br> (a) | &nbsp;&nbsp; 22923 | &nbsp;&nbsp; 1075776 |
| Klaviyo, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 40744 | &nbsp;&nbsp; 792878 |
| &nbsp;&nbsp;&nbsp; Knowles Corp. (Electronic Equip., Instr. & <br> Comp.)<br>(a) | &nbsp;&nbsp; 16640 | &nbsp;&nbsp; 427315 |
| &nbsp;&nbsp;&nbsp; Kulicke & Soffa Industries, Inc. <br> (Semiconductors & Equip.)<br>| &nbsp;&nbsp; 4900 | &nbsp;&nbsp; 322028 |
| Life360, Inc. (Software)<br> (a) | &nbsp;&nbsp; 7000 | &nbsp;&nbsp; 285740 |
| &nbsp;&nbsp;&nbsp; Littelfuse, Inc. (Electronic Equip., Instr. & <br> Comp.)<br>| &nbsp;&nbsp; 3363 | &nbsp;&nbsp; 1141234 |
| LiveRamp Holdings, Inc. (Software)<br> (a) | &nbsp;&nbsp; 11100 | &nbsp;&nbsp; 294372 |
| &nbsp;&nbsp;&nbsp; MACOM Technology Solutions Holdings, Inc. <br> (Semiconductors & Equip.)<br>(a) | &nbsp;&nbsp; 7755 | &nbsp;&nbsp; 1722153 |
| MARA Holdings, Inc. (Software)<br> (a) | &nbsp;&nbsp; 36706 | &nbsp;&nbsp; 299521 |
| &nbsp;&nbsp;&nbsp; Mirion Technologies, Inc. (Electronic Equip., <br> Instr. & Comp.)<br>(a) | &nbsp;&nbsp; 24307 | &nbsp;&nbsp; 451867 |
| N-able, Inc. (Software)<br> (a) | &nbsp;&nbsp; 300 | &nbsp;&nbsp; 1401 |
| NCR Voyix Corp. (Software)<br> (a) | &nbsp;&nbsp; 7920 | &nbsp;&nbsp; 50134 |
| &nbsp;&nbsp;&nbsp; NetScout Systems, Inc. <br> (Communications Equip.)<br>(a) | &nbsp;&nbsp; 5976 | &nbsp;&nbsp; 189977 |
| nLight, Inc. (Electronic Equip., Instr. & Comp.)<br> (a) | &nbsp;&nbsp; 28039 | &nbsp;&nbsp; 1598784 |
| &nbsp;&nbsp;&nbsp; OSI Systems, Inc. (Electronic Equip., Instr. & <br> Comp.)<br>(a) | &nbsp;&nbsp; 630 | &nbsp;&nbsp; 167271 |
| &nbsp;&nbsp;&nbsp; PC Connection, Inc. (Electronic Equip., Instr. & <br> Comp.)<br>| &nbsp;&nbsp; 6130 | &nbsp;&nbsp; 358360 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP AB Small Cap Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Information Technology (continued)** |  |  |
| PDF Solutions, Inc. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 10400 | &nbsp;&nbsp; $340184 |
| &nbsp;&nbsp;&nbsp; Penguin Solutions, Inc. (Semiconductors & <br> Equip.)<br>(a) | &nbsp;&nbsp; 12300 | &nbsp;&nbsp; 216480 |
| Plexus Corp. (Electronic Equip., Instr. & Comp.)<br> (a) | &nbsp;&nbsp; 2390 | &nbsp;&nbsp; 484071 |
| Q2 Holdings, Inc. (Software)<br> (a) | &nbsp;&nbsp; 6200 | &nbsp;&nbsp; 293260 |
| Qorvo, Inc. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 8400 | &nbsp;&nbsp; 650160 |
| &nbsp;&nbsp;&nbsp; Ralliant Corp. (Electronic Equip., Instr. & <br> Comp.)<br>| &nbsp;&nbsp; 10379 | &nbsp;&nbsp; 431663 |
| &nbsp;&nbsp;&nbsp; Rogers Corp. (Electronic Equip., Instr. & <br> Comp.)<br>(a) | &nbsp;&nbsp; 3250 | &nbsp;&nbsp; 348822 |
| Rubrik, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 21816 | &nbsp;&nbsp; 1068330 |
| &nbsp;&nbsp;&nbsp; Sanmina Corp. (Electronic Equip., Instr. & <br> Comp.)<br>(a) | &nbsp;&nbsp; 5170 | &nbsp;&nbsp; 670239 |
| Semtech Corp. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 35986 | &nbsp;&nbsp; 2766964 |
| ServiceTitan, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 16282 | &nbsp;&nbsp; 1033256 |
| SiTime Corp. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 5629 | &nbsp;&nbsp; 1943975 |
| &nbsp;&nbsp;&nbsp; SolarEdge Technologies, Inc. (Semiconductors <br> & Equip.)<br>(a) | &nbsp;&nbsp; 7100 | &nbsp;&nbsp; 362455 |
| Sprinklr, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 35800 | &nbsp;&nbsp; 214800 |
| SPS Commerce, Inc. (Software)<br> (a) | &nbsp;&nbsp; 3720 | &nbsp;&nbsp; 207092 |
| Teradata Corp. (Software)<br> (a) | &nbsp;&nbsp; 9100 | &nbsp;&nbsp; 233233 |
| &nbsp;&nbsp;&nbsp; Tower Semiconductor Ltd. (Semiconductors & <br> Equip.)<br>(a) | &nbsp;&nbsp; 4630 | &nbsp;&nbsp; 812472 |
| &nbsp;&nbsp;&nbsp; TTM Technologies, Inc. (Electronic Equip., <br> Instr. & Comp.)<br>(a) | &nbsp;&nbsp; 13676 | &nbsp;&nbsp; 1332316 |
| &nbsp;&nbsp;&nbsp; Ultra Clean Holdings, Inc. (Semiconductors & <br> Equip.)<br>(a) | &nbsp;&nbsp; 6959 | &nbsp;&nbsp; 432711 |
| &nbsp;&nbsp;&nbsp; Veeco Instruments, Inc. (Semiconductors & <br> Equip.)<br>(a) | &nbsp;&nbsp; 2476 | &nbsp;&nbsp; 83837 |
| Viasat, Inc. (Communications Equip.)<br> (a) | &nbsp;&nbsp; 11840 | &nbsp;&nbsp; 542272 |
| Viavi Solutions, Inc. (Communications Equip.)<br> (a) | &nbsp;&nbsp; 51477 | &nbsp;&nbsp; 1713155 |
|  |  | &nbsp;&nbsp; 47203908 |
| **Materials–4.0%** |  |  |
| Balchem Corp. (Chemicals) | &nbsp;&nbsp; 3020 | &nbsp;&nbsp; 511830 |
| Celanese Corp. (Chemicals) | &nbsp;&nbsp; 10400 | &nbsp;&nbsp; 684008 |
| Century Aluminum Co. (Metals & Mining)<br> (a) | &nbsp;&nbsp; 8700 | &nbsp;&nbsp; 510603 |
| Chemours Co. / The (Chemicals) | &nbsp;&nbsp; 13070 | &nbsp;&nbsp; 287932 |
| Constellium SE (Metals & Mining)<br> (a) | &nbsp;&nbsp; 58040 | &nbsp;&nbsp; 1426623 |
| Eastman Chemical Co. (Chemicals) | &nbsp;&nbsp; 7710 | &nbsp;&nbsp; 588427 |
| Element Solutions, Inc. (Chemicals) | &nbsp;&nbsp; 74579 | &nbsp;&nbsp; 2546127 |
| FMC Corp. (Chemicals) | &nbsp;&nbsp; 12380 | &nbsp;&nbsp; 213184 |
| H.B. Fuller Co. (Chemicals) | &nbsp;&nbsp; 5102 | &nbsp;&nbsp; 314691 |
| Hawkins, Inc. (Chemicals) | &nbsp;&nbsp; 1900 | &nbsp;&nbsp; 291840 |
| Ingevity Corp. (Chemicals)<br> (a) | &nbsp;&nbsp; 3540 | &nbsp;&nbsp; 252154 |
| Kaiser Aluminum Corp. (Metals & Mining) | &nbsp;&nbsp; 1580 | &nbsp;&nbsp; 190406 |
| Koppers Holdings, Inc. (Chemicals) | &nbsp;&nbsp; 2080 | &nbsp;&nbsp; 80454 |
| Materion Corp. (Metals & Mining) | &nbsp;&nbsp; 1800 | &nbsp;&nbsp; 260370 |
| Minerals Technologies, Inc. (Chemicals) | &nbsp;&nbsp; 1740 | &nbsp;&nbsp; 123401 |
| O-I Glass, Inc. (Containers & Packaging)<br> (a) | &nbsp;&nbsp; 7907 | &nbsp;&nbsp; 83103 |
| Quaker Chemical Corp. (Chemicals) | &nbsp;&nbsp; 2840 | &nbsp;&nbsp; 352813 |
| Sealed Air Corp. (Containers & Packaging) | &nbsp;&nbsp; 14579 | &nbsp;&nbsp; 613047 |
| Sensient Technologies Corp. (Chemicals) | &nbsp;&nbsp; 4210 | &nbsp;&nbsp; 363912 |
| Sylvamo Corp. (Paper & Forest Products) | &nbsp;&nbsp; 1720 | &nbsp;&nbsp; 72653 |
| U.S.A. Rare Earth, Inc. (Metals & Mining)<br> (a) | &nbsp;&nbsp; 31897 | &nbsp;&nbsp; 482761 |
| Warrior Met Coal, Inc. (Metals & Mining) | &nbsp;&nbsp; 4800 | &nbsp;&nbsp; 447120 |
| Worthington Steel, Inc. (Metals & Mining) | &nbsp;&nbsp; 3590 | &nbsp;&nbsp; 108957 |
|  |  | &nbsp;&nbsp; 10806416 |
| **Real Estate–3.0%** |  |  |
| Acadia Realty Trust (Retail REITs) | &nbsp;&nbsp; 20240 | &nbsp;&nbsp; 386989 |
| American Assets Trust, Inc. (Diversified REITs) | &nbsp;&nbsp; 18870 | &nbsp;&nbsp; 347397 |
| &nbsp;&nbsp;&nbsp; Apple Hospitality REIT, Inc. (Hotel & Resort <br> REITs)<br>| &nbsp;&nbsp; 35500 | &nbsp;&nbsp; 408605 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Real Estate (continued)** |  |  |
| Curbline Properties Corp. (Retail REITs) | &nbsp;&nbsp; 12100 | &nbsp;&nbsp; $312059 |
| &nbsp;&nbsp;&nbsp; Cushman & Wakefield Ltd. (Real Estate Mgmt. <br> & Development)<br>(a) | &nbsp;&nbsp; 22990 | &nbsp;&nbsp; 281857 |
| &nbsp;&nbsp;&nbsp; Easterly Government Properties, Inc. <br> (Office REITs)<br>| &nbsp;&nbsp; 16380 | &nbsp;&nbsp; 351023 |
| &nbsp;&nbsp;&nbsp; Essential Properties Realty Trust, Inc. <br> (Diversified REITs)<br>| &nbsp;&nbsp; 18341 | &nbsp;&nbsp; 556833 |
| &nbsp;&nbsp;&nbsp; Four Corners Property Trust, Inc. <br> (Specialized REITs)<br>| &nbsp;&nbsp; 11400 | &nbsp;&nbsp; 269610 |
| Getty Realty Corp. (Retail REITs) | &nbsp;&nbsp; 4240 | &nbsp;&nbsp; 134832 |
| Highwoods Properties, Inc. (Office REITs) | &nbsp;&nbsp; 10741 | &nbsp;&nbsp; 229965 |
| &nbsp;&nbsp;&nbsp; Kennedy-Wilson Holdings, Inc. (Real Estate <br> Mgmt. & Development)<br>| &nbsp;&nbsp; 10190 | &nbsp;&nbsp; 110256 |
| LTC Properties, Inc. (Health Care REITs) | &nbsp;&nbsp; 2800 | &nbsp;&nbsp; 104048 |
| LXP Industrial Trust (Industrial REITs) | &nbsp;&nbsp; 8426 | &nbsp;&nbsp; 389787 |
| Macerich Co. / The (Retail REITs) | &nbsp;&nbsp; 25030 | &nbsp;&nbsp; 473067 |
| &nbsp;&nbsp;&nbsp; Medical Properties Trust, Inc. (Health Care <br> REITs)<br>| &nbsp;&nbsp; 52100 | &nbsp;&nbsp; 241223 |
| Millrose Properties, Inc. (Specialized REITs) | &nbsp;&nbsp; 4768 | &nbsp;&nbsp; 133504 |
| Outfront Media, Inc. (Specialized REITs) | &nbsp;&nbsp; 11847 | &nbsp;&nbsp; 313946 |
| Pebblebrook Hotel Trust (Hotel & Resort REITs) | &nbsp;&nbsp; 34530 | &nbsp;&nbsp; 436114 |
| Phillips Edison & Co., Inc. (Retail REITs) | &nbsp;&nbsp; 12450 | &nbsp;&nbsp; 465879 |
| &nbsp;&nbsp;&nbsp; Ryman Hospitality Properties, Inc. (Hotel & <br> Resort REITs)<br>| &nbsp;&nbsp; 3100 | &nbsp;&nbsp; 286037 |
| Safehold, Inc. (Specialized REITs) | &nbsp;&nbsp; 9581 | &nbsp;&nbsp; 129631 |
| SL Green Realty Corp. (Office REITs) | &nbsp;&nbsp; 7046 | &nbsp;&nbsp; 260279 |
| &nbsp;&nbsp;&nbsp; St. Joe Co. / The (Real Estate Mgmt. & <br> Development)<br>| &nbsp;&nbsp; 5800 | &nbsp;&nbsp; 364240 |
| Tanger, Inc. (Retail REITs) | &nbsp;&nbsp; 11181 | &nbsp;&nbsp; 379930 |
| Terreno Realty Corp. (Industrial REITs) | &nbsp;&nbsp; 6100 | &nbsp;&nbsp; 374662 |
| Veris Residential, Inc. (Residential REITs) | &nbsp;&nbsp; 23660 | &nbsp;&nbsp; 446464 |
|  |  | &nbsp;&nbsp; 8188237 |
| **Utilities–1.2%** |  |  |
| American States Water Co. (Water Utilities) | &nbsp;&nbsp; 3800 | &nbsp;&nbsp; 287356 |
| Avista Corp. (Multi-Utilities) | &nbsp;&nbsp; 8000 | &nbsp;&nbsp; 321120 |
| &nbsp;&nbsp;&nbsp; California Water Service Group <br> (Water Utilities)<br>| &nbsp;&nbsp; 5920 | &nbsp;&nbsp; 268413 |
| Chesapeake Utilities Corp. (Gas Utilities) | &nbsp;&nbsp; 2330 | &nbsp;&nbsp; 294442 |
| &nbsp;&nbsp;&nbsp; Clearway Energy, Inc. Class C (Ind. Power & <br> Renewable Elec.)<br>| &nbsp;&nbsp; 11900 | &nbsp;&nbsp; 467551 |
| H2O America (Water Utilities) | &nbsp;&nbsp; 5600 | &nbsp;&nbsp; 328552 |
| &nbsp;&nbsp;&nbsp; Hawaiian Electric Industries, Inc. <br> (Electric Utilities)<br>(a) | &nbsp;&nbsp; 21590 | &nbsp;&nbsp; 320396 |
| MDU Resources Group, Inc. (Gas Utilities) | &nbsp;&nbsp; 20248 | &nbsp;&nbsp; 419538 |
| MGE Energy, Inc. (Electric Utilities) | &nbsp;&nbsp; 2228 | &nbsp;&nbsp; 172202 |
| Northwest Natural Holding Co. (Gas Utilities) | &nbsp;&nbsp; 2830 | &nbsp;&nbsp; 150613 |
| Otter Tail Corp. (Electric Utilities) | &nbsp;&nbsp; 3587 | &nbsp;&nbsp; 314831 |
|  |  | &nbsp;&nbsp; 3345014 |
| **Total Common Stocks (Cost $256,706,074)** |  | &nbsp;&nbsp; $267579734 |

---

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

---

| | | |
|:---|:---|:---|
| **Exchange Traded Funds–0.4%** | **Shares** | **Value** |
| iShares Core S&P Small-Cap ETF  | &nbsp;&nbsp; 9307 | &nbsp;&nbsp; $1156953 |
| **Total Exchange Traded Funds (Cost $1,130,597)** |  | &nbsp;&nbsp; $1156953 |
| **Total Investments – 98.9% (Cost $257,836,671)**<br> (b) |  | &nbsp;&nbsp; $268736687 |
| **Other Assets in Excess of Liabilities – 1.1%** |  | &nbsp;&nbsp; 2978066 |
| **Net Assets – 100.0%** | **Net Assets – 100.0%** | &nbsp;&nbsp; $271714753 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

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

---

| | |
|:---|:---|
| Abbreviations: | Abbreviations: |
| &nbsp;&nbsp;&nbsp;&nbsp; ADR: | American Depositary Receipts |
| &nbsp;&nbsp;&nbsp;&nbsp; ETF: | Exchange Traded Fund |
| &nbsp;&nbsp;&nbsp;&nbsp; REITs: | Real Estate Investment Trusts |

---

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

Footnotes: <br> (a) Non-income producing security. <br> (b) Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 4 of the Notes to Schedules of Investments.

The accompanying notes are an integral part of these financial statements. <br>

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP AB Mid Cap Core Portfolio**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

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

---

| | | |
|:---|:---|:---|
| **Common Stocks–99.6%** | **Shares** | **Value** |
| **Communication Services–2.1%** |  |  |
| &nbsp;&nbsp;&nbsp; AST SpaceMobile, Inc. (Diversified Telecom. <br> Svs.)<br>(a) | &nbsp;&nbsp; 5522 | &nbsp;&nbsp; $457608 |
| Charter Communications, Inc. Class A (Media)<br> (a) | &nbsp;&nbsp; 233 | &nbsp;&nbsp; 50300 |
| Electronic Arts, Inc. (Entertainment) | &nbsp;&nbsp; 878 | &nbsp;&nbsp; 178998 |
| Fox Corp. Class A (Media) | &nbsp;&nbsp; 900 | &nbsp;&nbsp; 52560 |
| Fox Corp. Class B (Media) | &nbsp;&nbsp; 890 | &nbsp;&nbsp; 47259 |
| &nbsp;&nbsp;&nbsp; GCI Liberty, Inc. Class C (Diversified Telecom. <br> Svs.)<br>(a) | &nbsp;&nbsp; 132 | &nbsp;&nbsp; 4911 |
| Liberty Broadband Corp. Class C (Media)<br> (a) | &nbsp;&nbsp; 660 | &nbsp;&nbsp; 33198 |
| Live Nation Entertainment, Inc. (Entertainment)<br> (a) | &nbsp;&nbsp; 390 | &nbsp;&nbsp; 59479 |
| Match Group, Inc. (Interactive Media & Svs.) | &nbsp;&nbsp; 2800 | &nbsp;&nbsp; 85988 |
| Omnicom Group, Inc. (Media) | &nbsp;&nbsp; 980 | &nbsp;&nbsp; 73804 |
| &nbsp;&nbsp;&nbsp; Pinterest, Inc. Class A (Interactive Media & <br> Svs.)<br>(a) | &nbsp;&nbsp; 1690 | &nbsp;&nbsp; 30994 |
| Reddit, Inc. Class A (Interactive Media & Svs.)<br> (a) | &nbsp;&nbsp; 294 | &nbsp;&nbsp; 39587 |
| ROBLOX Corp. Class A (Entertainment)<br> (a) | &nbsp;&nbsp; 2130 | &nbsp;&nbsp; 120473 |
| Roku, Inc. (Entertainment)<br> (a) | &nbsp;&nbsp; 790 | &nbsp;&nbsp; 74750 |
| Sirius XM Holdings, Inc. (Media) | &nbsp;&nbsp; 3186 | &nbsp;&nbsp; 73533 |
| &nbsp;&nbsp;&nbsp; Take-Two Interactive Software, Inc. <br> (Entertainment)<br>(a) | &nbsp;&nbsp; 630 | &nbsp;&nbsp; 124425 |
| TKO Group Holdings, Inc. (Entertainment) | &nbsp;&nbsp; 1712 | &nbsp;&nbsp; 345225 |
| Trade Desk, Inc. / The Class A (Media)<br> (a) | &nbsp;&nbsp; 1120 | &nbsp;&nbsp; 25413 |
| Warner Bros. Discovery, Inc. (Entertainment)<br> (a) | &nbsp;&nbsp; 7731 | &nbsp;&nbsp; 212293 |
|  |  | &nbsp;&nbsp; 2090798 |
| **Consumer Discretionary–10.0%** |  |  |
| ADT, Inc. (Diversified Consumer Svs.) | &nbsp;&nbsp; 49965 | &nbsp;&nbsp; 328270 |
| &nbsp;&nbsp;&nbsp; Amer Sports, Inc. (Textiles, Apparel & Luxury <br> Goods)<br>(a) | &nbsp;&nbsp; 12395 | &nbsp;&nbsp; 408043 |
| Aptiv PLC (Automobile Components)<br> (a) | &nbsp;&nbsp; 920 | &nbsp;&nbsp; 63885 |
| Aramark (Hotels, Restaurants & Leisure) | &nbsp;&nbsp; 1962 | &nbsp;&nbsp; 79540 |
| Bath & Body Works, Inc. (Specialty Retail) | &nbsp;&nbsp; 15223 | &nbsp;&nbsp; 284213 |
| Best Buy Co., Inc. (Specialty Retail) | &nbsp;&nbsp; 940 | &nbsp;&nbsp; 60348 |
| &nbsp;&nbsp;&nbsp; Birkenstock Holding PLC (Textiles, Apparel & <br> Luxury Goods)<br>(a) | &nbsp;&nbsp; 566 | &nbsp;&nbsp; 20280 |
| BorgWarner, Inc. (Automobile Components) | &nbsp;&nbsp; 11239 | &nbsp;&nbsp; 609828 |
| Brunswick Corp. (Leisure Products) | &nbsp;&nbsp; 2779 | &nbsp;&nbsp; 202200 |
| Burlington Stores, Inc. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 1443 | &nbsp;&nbsp; 469523 |
| CarMax, Inc. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 820 | &nbsp;&nbsp; 34096 |
| Carnival Corp. (Hotels, Restaurants & Leisure) | &nbsp;&nbsp; 2680 | &nbsp;&nbsp; 69358 |
| Carvana Co. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 460 | &nbsp;&nbsp; 144615 |
| &nbsp;&nbsp;&nbsp; Cava Group, Inc. (Hotels, Restaurants & <br> Leisure)<br>(a) | &nbsp;&nbsp; 5170 | &nbsp;&nbsp; 418253 |
| Coupang, Inc. (Broadline Retail)<br> (a) | &nbsp;&nbsp; 4320 | &nbsp;&nbsp; 81562 |
| D.R. Horton, Inc. (Household Durables) | &nbsp;&nbsp; 750 | &nbsp;&nbsp; 102915 |
| &nbsp;&nbsp;&nbsp; Darden Restaurants, Inc. (Hotels, Restaurants <br> & Leisure)<br>| &nbsp;&nbsp; 250 | &nbsp;&nbsp; 49010 |
| Dick's Sporting Goods, Inc. (Specialty Retail) | &nbsp;&nbsp; 340 | &nbsp;&nbsp; 67419 |
| &nbsp;&nbsp;&nbsp; Domino's Pizza, Inc. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 180 | &nbsp;&nbsp; 64582 |
| &nbsp;&nbsp;&nbsp; DraftKings, Inc. Class A (Hotels, Restaurants & <br> Leisure)<br>(a) | &nbsp;&nbsp; 1448 | &nbsp;&nbsp; 31306 |
| Duolingo, Inc. (Diversified Consumer Svs.)<br> (a) | &nbsp;&nbsp; 160 | &nbsp;&nbsp; 15771 |
| eBay, Inc. (Broadline Retail) | &nbsp;&nbsp; 1160 | &nbsp;&nbsp; 105583 |
| &nbsp;&nbsp;&nbsp; Expedia Group, Inc. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 499 | &nbsp;&nbsp; 115214 |
| Five Below, Inc. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 510 | &nbsp;&nbsp; 116525 |
| &nbsp;&nbsp;&nbsp; Flutter Entertainment PLC (Hotels, Restaurants <br> & Leisure)<br>(a) | &nbsp;&nbsp; 538 | &nbsp;&nbsp; 54849 |
| Ford Motor Co. (Automobiles) | &nbsp;&nbsp; 13580 | &nbsp;&nbsp; 156713 |
| Frontdoor, Inc. (Diversified Consumer Svs.)<br> (a) | &nbsp;&nbsp; 6135 | &nbsp;&nbsp; 324296 |
| GameStop Corp. Class A (Specialty Retail)<br> (a) | &nbsp;&nbsp; 2136 | &nbsp;&nbsp; 49213 |
| Gap, Inc. / The (Specialty Retail) | &nbsp;&nbsp; 2190 | &nbsp;&nbsp; 52998 |
| Garmin Ltd. (Household Durables) | &nbsp;&nbsp; 569 | &nbsp;&nbsp; 132014 |
| Genuine Parts Co. (Distributors) | &nbsp;&nbsp; 610 | &nbsp;&nbsp; 64508 |
| Hasbro, Inc. (Leisure Products) | &nbsp;&nbsp; 6141 | &nbsp;&nbsp; 574798 |
| &nbsp;&nbsp;&nbsp; Hilton Worldwide Holdings, Inc. (Hotels, <br> Restaurants & Leisure)<br>| &nbsp;&nbsp; 788 | &nbsp;&nbsp; 239615 |
| &nbsp;&nbsp;&nbsp; Las Vegas Sands Corp. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 1210 | &nbsp;&nbsp; 65195 |
| &nbsp;&nbsp;&nbsp; Laureate Education, Inc. (Diversified Consumer <br> Svs.)<br>(a) | &nbsp;&nbsp; 11996 | &nbsp;&nbsp; 417941 |
| Lennar Corp. Class A (Household Durables) | &nbsp;&nbsp; 580 | &nbsp;&nbsp; 50367 |
| &nbsp;&nbsp;&nbsp; Liberty Live Holdings, Inc. Class C (Diversified <br> Consumer Svs.)<br>(a) | &nbsp;&nbsp; 900 | &nbsp;&nbsp; 84699 |
| Lucid Group, Inc. (Automobiles)<br> (a) | &nbsp;&nbsp; 2465 | &nbsp;&nbsp; 23491 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Consumer Discretionary (continued)** |  |  |
| &nbsp;&nbsp;&nbsp; Lululemon Athletica, Inc. (Textiles, Apparel & <br> Luxury Goods)<br>(a) | &nbsp;&nbsp; 270 | &nbsp;&nbsp; $41337 |
| &nbsp;&nbsp;&nbsp; MGM Resorts International (Hotels, <br> Restaurants & Leisure)<br>(a) | &nbsp;&nbsp; 1930 | &nbsp;&nbsp; 71429 |
| Murphy U.S.A., Inc. (Specialty Retail) | &nbsp;&nbsp; 898 | &nbsp;&nbsp; 443585 |
| &nbsp;&nbsp;&nbsp; Norwegian Cruise Line Holdings Ltd. (Hotels, <br> Restaurants & Leisure)<br>(a) | &nbsp;&nbsp; 3400 | &nbsp;&nbsp; 63580 |
| NVR, Inc. (Household Durables)<br> (a) | &nbsp;&nbsp; 7 | &nbsp;&nbsp; 46129 |
| &nbsp;&nbsp;&nbsp; On Holding AG Class A (Textiles, Apparel & <br> Luxury Goods)<br>(a) | &nbsp;&nbsp; 8944 | &nbsp;&nbsp; 304275 |
| PulteGroup, Inc. (Household Durables) | &nbsp;&nbsp; 544 | &nbsp;&nbsp; 63980 |
| &nbsp;&nbsp;&nbsp; Ralph Lauren Corp. (Textiles, Apparel & Luxury <br> Goods)<br>| &nbsp;&nbsp; 227 | &nbsp;&nbsp; 78086 |
| &nbsp;&nbsp;&nbsp; Restaurant Brands International, Inc. (Hotels, <br> Restaurants & Leisure)<br>| &nbsp;&nbsp; 830 | &nbsp;&nbsp; 61337 |
| Rivian Automotive, Inc. Class A (Automobiles)<br> (a) | &nbsp;&nbsp; 4185 | &nbsp;&nbsp; 62984 |
| Ross Stores, Inc. (Specialty Retail) | &nbsp;&nbsp; 1125 | &nbsp;&nbsp; 243709 |
| &nbsp;&nbsp;&nbsp; Royal Caribbean Cruises Ltd. (Hotels, <br> Restaurants & Leisure)<br>| &nbsp;&nbsp; 880 | &nbsp;&nbsp; 242158 |
| &nbsp;&nbsp;&nbsp; Service Corp. International (Diversified <br> Consumer Svs.)<br>| &nbsp;&nbsp; 310 | &nbsp;&nbsp; 25578 |
| SharkNinja, Inc. (Household Durables)<br> (a) | &nbsp;&nbsp; 3979 | &nbsp;&nbsp; 421376 |
| &nbsp;&nbsp;&nbsp; Somnigroup International, Inc. <br> (Household Durables)<br>| &nbsp;&nbsp; 630 | &nbsp;&nbsp; 46570 |
| &nbsp;&nbsp;&nbsp; Tapestry, Inc. (Textiles, Apparel & Luxury <br> Goods)<br>| &nbsp;&nbsp; 520 | &nbsp;&nbsp; 73377 |
| &nbsp;&nbsp;&nbsp; Taylor Morrison Home Corp. <br> (Household Durables)<br>(a) | &nbsp;&nbsp; 3710 | &nbsp;&nbsp; 216070 |
| &nbsp;&nbsp;&nbsp; Texas Roadhouse, Inc. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 250 | &nbsp;&nbsp; 41285 |
| Toll Brothers, Inc. (Household Durables) | &nbsp;&nbsp; 590 | &nbsp;&nbsp; 80517 |
| TopBuild Corp. (Household Durables)<br> (a) | &nbsp;&nbsp; 150 | &nbsp;&nbsp; 52695 |
| Tractor Supply Co. (Specialty Retail) | &nbsp;&nbsp; 1200 | &nbsp;&nbsp; 54360 |
| Ulta Beauty, Inc. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 110 | &nbsp;&nbsp; 57498 |
| &nbsp;&nbsp;&nbsp; Viking Holdings Ltd. (Hotels, Restaurants & <br> Leisure)<br>(a) | &nbsp;&nbsp; 5682 | &nbsp;&nbsp; 417513 |
| Williams-Sonoma, Inc. (Specialty Retail) | &nbsp;&nbsp; 336 | &nbsp;&nbsp; 61263 |
| &nbsp;&nbsp;&nbsp; Wyndham Hotels & Resorts, Inc. (Hotels, <br> Restaurants & Leisure)<br>| &nbsp;&nbsp; 750 | &nbsp;&nbsp; 60923 |
| &nbsp;&nbsp;&nbsp; Wynn Resorts Ltd. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 620 | &nbsp;&nbsp; 62961 |
| &nbsp;&nbsp;&nbsp; Yum! Brands, Inc. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 970 | &nbsp;&nbsp; 150816 |
|  |  | &nbsp;&nbsp; 9778427 |
| **Consumer Staples–4.2%** |  |  |
| &nbsp;&nbsp;&nbsp; Albertsons Cos., Inc. Class A (Consumer <br> Staples Distribution & Retail)<br>| &nbsp;&nbsp; 2510 | &nbsp;&nbsp; 42770 |
| Archer-Daniels-Midland Co. (Food Products) | &nbsp;&nbsp; 1270 | &nbsp;&nbsp; 92316 |
| &nbsp;&nbsp;&nbsp; BJ's Wholesale Club Holdings, Inc. (Consumer <br> Staples Distribution & Retail)<br>(a) | &nbsp;&nbsp; 5448 | &nbsp;&nbsp; 536192 |
| Bunge Global SA (Food Products) | &nbsp;&nbsp; 940 | &nbsp;&nbsp; 119568 |
| &nbsp;&nbsp;&nbsp; Casey's General Stores, Inc. (Consumer Staples <br> Distribution & Retail)<br>| &nbsp;&nbsp; 90 | &nbsp;&nbsp; 65507 |
| Celsius Holdings, Inc. (Beverages)<br> (a) | &nbsp;&nbsp; 8422 | &nbsp;&nbsp; 298813 |
| &nbsp;&nbsp;&nbsp; Church & Dwight Co., Inc. <br> (Household Products)<br>| &nbsp;&nbsp; 656 | &nbsp;&nbsp; 61218 |
| Clorox Co. / The (Household Products) | &nbsp;&nbsp; 400 | &nbsp;&nbsp; 41452 |
| Constellation Brands, Inc. Class A (Beverages) | &nbsp;&nbsp; 330 | &nbsp;&nbsp; 49500 |
| &nbsp;&nbsp;&nbsp; Dollar General Corp. (Consumer Staples <br> Distribution & Retail)<br>| &nbsp;&nbsp; 580 | &nbsp;&nbsp; 68863 |
| &nbsp;&nbsp;&nbsp; Dollar Tree, Inc. (Consumer Staples Distribution <br> & Retail)<br>(a) | &nbsp;&nbsp; 4748 | &nbsp;&nbsp; 519954 |
| e.l.f. Beauty, Inc. (Personal Care Products)<br> (a) | &nbsp;&nbsp; 530 | &nbsp;&nbsp; 32123 |
| &nbsp;&nbsp;&nbsp; Estee Lauder Cos., Inc. / The Class A (Personal <br> Care Products)<br>| &nbsp;&nbsp; 600 | &nbsp;&nbsp; 43062 |
| Freshpet, Inc. (Food Products)<br> (a) | &nbsp;&nbsp; 4044 | &nbsp;&nbsp; 238434 |
| General Mills, Inc. (Food Products) | &nbsp;&nbsp; 1414 | &nbsp;&nbsp; 52629 |
| Hershey Co. / The (Food Products) | &nbsp;&nbsp; 380 | &nbsp;&nbsp; 78998 |
| Kenvue, Inc. (Personal Care Products) | &nbsp;&nbsp; 5780 | &nbsp;&nbsp; 99647 |
| Kraft Heinz Co. / The (Food Products) | &nbsp;&nbsp; 2180 | &nbsp;&nbsp; 49028 |
| &nbsp;&nbsp;&nbsp; Kroger Co. / The (Consumer Staples Distribution <br> & Retail)<br>| &nbsp;&nbsp; 1556 | &nbsp;&nbsp; 112592 |
| Lamb Weston Holdings, Inc. (Food Products) | &nbsp;&nbsp; 1740 | &nbsp;&nbsp; 73533 |
| McCormick & Co., Inc. (Food Products) | &nbsp;&nbsp; 1010 | &nbsp;&nbsp; 50944 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP AB Mid Cap Core Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Consumer Staples (continued)** |  |  |
| &nbsp;&nbsp;&nbsp; Molson Coors Beverage Co. Class B <br> (Beverages)<br>| &nbsp;&nbsp; 910 | &nbsp;&nbsp; $39185 |
| &nbsp;&nbsp;&nbsp; Performance Food Group Co. (Consumer <br> Staples Distribution & Retail)<br>(a) | &nbsp;&nbsp; 810 | &nbsp;&nbsp; 69385 |
| Pilgrim's Pride Corp. (Food Products) | &nbsp;&nbsp; 1100 | &nbsp;&nbsp; 41536 |
| Primo Brands Corp. (Beverages) | &nbsp;&nbsp; 4970 | &nbsp;&nbsp; 93585 |
| &nbsp;&nbsp;&nbsp; Sysco Corp. (Consumer Staples Distribution & <br> Retail)<br>| &nbsp;&nbsp; 1680 | &nbsp;&nbsp; 119835 |
| Tyson Foods, Inc. Class A (Food Products) | &nbsp;&nbsp; 1480 | &nbsp;&nbsp; 94824 |
| &nbsp;&nbsp;&nbsp; U.S. Foods Holding Corp. (Consumer Staples <br> Distribution & Retail)<br>(a) | &nbsp;&nbsp; 6997 | &nbsp;&nbsp; 645193 |
| WD-40 Co. (Household Products) | &nbsp;&nbsp; 1455 | &nbsp;&nbsp; 296733 |
|  |  | &nbsp;&nbsp; 4127419 |
| **Energy–5.8%** |  |  |
| &nbsp;&nbsp;&nbsp; Antero Midstream Corp. (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 2470 | &nbsp;&nbsp; 56316 |
| Baker Hughes Co. (Energy Equip. & Svs.) | &nbsp;&nbsp; 3340 | &nbsp;&nbsp; 203907 |
| &nbsp;&nbsp;&nbsp; Cheniere Energy, Inc. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 702 | &nbsp;&nbsp; 199199 |
| &nbsp;&nbsp;&nbsp; Chord Energy Corp. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 340 | &nbsp;&nbsp; 48341 |
| &nbsp;&nbsp;&nbsp; Coterra Energy, Inc. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 2470 | &nbsp;&nbsp; 86796 |
| &nbsp;&nbsp;&nbsp; Devon Energy Corp. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 2007 | &nbsp;&nbsp; 100992 |
| &nbsp;&nbsp;&nbsp; Diamondback Energy, Inc. (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 646 | &nbsp;&nbsp; 127772 |
| &nbsp;&nbsp;&nbsp; DT Midstream, Inc. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 1362 | &nbsp;&nbsp; 183420 |
| EQT Corp. (Oil, Gas & Consumable Fuels) | &nbsp;&nbsp; 1778 | &nbsp;&nbsp; 113152 |
| &nbsp;&nbsp;&nbsp; Expand Energy Corp. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 560 | &nbsp;&nbsp; 61477 |
| Halliburton Co. (Energy Equip. & Svs.) | &nbsp;&nbsp; 2640 | &nbsp;&nbsp; 102934 |
| HF Sinclair Corp. (Oil, Gas & Consumable Fuels) | &nbsp;&nbsp; 1030 | &nbsp;&nbsp; 64262 |
| &nbsp;&nbsp;&nbsp; Kinder Morgan, Inc. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 6760 | &nbsp;&nbsp; 226663 |
| &nbsp;&nbsp;&nbsp; Magnolia Oil & Gas Corp. Class A (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 13100 | &nbsp;&nbsp; 413567 |
| &nbsp;&nbsp;&nbsp; Marathon Petroleum Corp. (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 1070 | &nbsp;&nbsp; 261273 |
| &nbsp;&nbsp;&nbsp; Matador Resources Co. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 7520 | &nbsp;&nbsp; 475114 |
| &nbsp;&nbsp;&nbsp; Northern Oil & Gas, Inc. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 10159 | &nbsp;&nbsp; 296948 |
| &nbsp;&nbsp;&nbsp; Occidental Petroleum Corp. (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 3430 | &nbsp;&nbsp; 222950 |
| ONEOK, Inc. (Oil, Gas & Consumable Fuels) | &nbsp;&nbsp; 2170 | &nbsp;&nbsp; 196146 |
| Ovintiv, Inc. (Oil, Gas & Consumable Fuels) | &nbsp;&nbsp; 1290 | &nbsp;&nbsp; 76574 |
| Phillips 66 (Oil, Gas & Consumable Fuels) | &nbsp;&nbsp; 1420 | &nbsp;&nbsp; 258696 |
| &nbsp;&nbsp;&nbsp; Range Resources Corp. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 1810 | &nbsp;&nbsp; 81776 |
| &nbsp;&nbsp;&nbsp; Targa Resources Corp. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 611 | &nbsp;&nbsp; 153196 |
| TechnipFMC PLC (Energy Equip. & Svs.) | &nbsp;&nbsp; 17695 | &nbsp;&nbsp; 1223255 |
| &nbsp;&nbsp;&nbsp; Texas Pacific Land Corp. (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 150 | &nbsp;&nbsp; 71184 |
| &nbsp;&nbsp;&nbsp; Uranium Energy Corp. (Oil, Gas & Consumable <br> Fuels)<br>(a) | &nbsp;&nbsp; 13848 | &nbsp;&nbsp; 186948 |
| &nbsp;&nbsp;&nbsp; Valero Energy Corp. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 874 | &nbsp;&nbsp; 215948 |
|  |  | &nbsp;&nbsp; 5708806 |
| **Financials–12.6%** |  |  |
| Accelerant Holdings Class A (Insurance)<br> (a) | &nbsp;&nbsp; 6943 | &nbsp;&nbsp; 92758 |
| &nbsp;&nbsp;&nbsp; Affiliated Managers Group, Inc. <br> (Capital Markets)<br>| &nbsp;&nbsp; 888 | &nbsp;&nbsp; 245710 |
| Affirm Holdings, Inc. (Financial Services)<br> (a) | &nbsp;&nbsp; 880 | &nbsp;&nbsp; 40322 |
| Allstate Corp. / The (Insurance) | &nbsp;&nbsp; 920 | &nbsp;&nbsp; 190753 |
| Ally Financial, Inc. (Consumer Finance) | &nbsp;&nbsp; 1520 | &nbsp;&nbsp; 59630 |
| American Financial Group, Inc. (Insurance) | &nbsp;&nbsp; 3524 | &nbsp;&nbsp; 450050 |
| Ameriprise Financial, Inc. (Capital Markets) | &nbsp;&nbsp; 330 | &nbsp;&nbsp; 146652 |
| &nbsp;&nbsp;&nbsp; Annaly Capital Management, Inc. <br> (Mortgage REIT)<br>| &nbsp;&nbsp; 2850 | &nbsp;&nbsp; 60277 |
| Arch Capital Group Ltd. (Insurance)<br> (a) | &nbsp;&nbsp; 1760 | &nbsp;&nbsp; 168942 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Financials (continued)** |  |  |
| &nbsp;&nbsp;&nbsp; Ares Management Corp. Class A <br> (Capital Markets)<br>| &nbsp;&nbsp; 650 | &nbsp;&nbsp; $70915 |
| Axis Capital Holdings Ltd. (Insurance) | &nbsp;&nbsp; 450 | &nbsp;&nbsp; 45635 |
| &nbsp;&nbsp;&nbsp; Bank of New York Mellon Corp. / The <br> (Capital Markets)<br>| &nbsp;&nbsp; 1810 | &nbsp;&nbsp; 214720 |
| Block, Inc. (Financial Services)<br> (a) | &nbsp;&nbsp; 1820 | &nbsp;&nbsp; 109528 |
| Blue Owl Capital, Inc. (Capital Markets) | &nbsp;&nbsp; 2390 | &nbsp;&nbsp; 21821 |
| Brown & Brown, Inc. (Insurance) | &nbsp;&nbsp; 1440 | &nbsp;&nbsp; 93902 |
| Carlyle Group, Inc. / The (Capital Markets) | &nbsp;&nbsp; 840 | &nbsp;&nbsp; 40648 |
| CBOE Global Markets, Inc. (Capital Markets) | &nbsp;&nbsp; 779 | &nbsp;&nbsp; 218954 |
| &nbsp;&nbsp;&nbsp; Chime Financial, Inc. Class A <br> (Financial Services)<br>(a) | &nbsp;&nbsp; 8535 | &nbsp;&nbsp; 159861 |
| Cincinnati Financial Corp. (Insurance) | &nbsp;&nbsp; 400 | &nbsp;&nbsp; 62940 |
| Citizens Financial Group, Inc. (Banks) | &nbsp;&nbsp; 1110 | &nbsp;&nbsp; 66567 |
| CNA Financial Corp. (Insurance) | &nbsp;&nbsp; 1360 | &nbsp;&nbsp; 62451 |
| Coinbase Global, Inc. Class A (Capital Markets)<br> (a) | &nbsp;&nbsp; 833 | &nbsp;&nbsp; 145450 |
| Commerce Bancshares, Inc. (Banks) | &nbsp;&nbsp; 1014 | &nbsp;&nbsp; 49889 |
| Corebridge Financial, Inc. (Financial Services) | &nbsp;&nbsp; 1380 | &nbsp;&nbsp; 32927 |
| Corpay, Inc. (Financial Services)<br> (a) | &nbsp;&nbsp; 150 | &nbsp;&nbsp; 43649 |
| Credit Acceptance Corp. (Consumer Finance)<br> (a) | &nbsp;&nbsp; 120 | &nbsp;&nbsp; 50815 |
| Cullen / Frost Bankers, Inc. (Banks) | &nbsp;&nbsp; 600 | &nbsp;&nbsp; 82248 |
| East West Bancorp, Inc. (Banks) | &nbsp;&nbsp; 2625 | &nbsp;&nbsp; 280245 |
| Euronet Worldwide, Inc. (Financial Services)<br> (a) | &nbsp;&nbsp; 536 | &nbsp;&nbsp; 35574 |
| &nbsp;&nbsp;&nbsp; FactSet Research Systems, Inc. <br> (Capital Markets)<br>| &nbsp;&nbsp; 120 | &nbsp;&nbsp; 26039 |
| Fidelity National Financial, Inc. (Insurance) | &nbsp;&nbsp; 1380 | &nbsp;&nbsp; 64004 |
| &nbsp;&nbsp;&nbsp; Fidelity National Information Services, Inc. <br> (Financial Services)<br>| &nbsp;&nbsp; 2450 | &nbsp;&nbsp; 114929 |
| Fifth Third Bancorp (Banks) | &nbsp;&nbsp; 2375 | &nbsp;&nbsp; 110342 |
| &nbsp;&nbsp;&nbsp; Figure Technology Solutions, Inc. Class A <br> (Consumer Finance)<br>(a) | &nbsp;&nbsp; 4574 | &nbsp;&nbsp; 155287 |
| First BanCorp Puerto Rico (Banks) | &nbsp;&nbsp; 10950 | &nbsp;&nbsp; 233892 |
| First Citizens BancShares, Inc. Class A (Banks) | &nbsp;&nbsp; 247 | &nbsp;&nbsp; 465511 |
| First Hawaiian, Inc. (Banks) | &nbsp;&nbsp; 5813 | &nbsp;&nbsp; 143232 |
| First Horizon Corp. (Banks) | &nbsp;&nbsp; 2360 | &nbsp;&nbsp; 53714 |
| FirstCash Holdings, Inc. (Consumer Finance) | &nbsp;&nbsp; 2135 | &nbsp;&nbsp; 401380 |
| Flagstar Bank N.A. (Banks) | &nbsp;&nbsp; 21190 | &nbsp;&nbsp; 279072 |
| Franklin Resources, Inc. (Capital Markets) | &nbsp;&nbsp; 2540 | &nbsp;&nbsp; 59995 |
| Freedom Holding Corp. (Capital Markets)<br> (a) | &nbsp;&nbsp; 450 | &nbsp;&nbsp; 65196 |
| Global Payments, Inc. (Financial Services) | &nbsp;&nbsp; 960 | &nbsp;&nbsp; 64608 |
| &nbsp;&nbsp;&nbsp; HA Sustainable Infrastructure Capital, Inc. <br> (Financial Services)<br>| &nbsp;&nbsp; 12402 | &nbsp;&nbsp; 455773 |
| &nbsp;&nbsp;&nbsp; Hanover Insurance Group, Inc. / The <br> (Insurance)<br>| &nbsp;&nbsp; 2838 | &nbsp;&nbsp; 491967 |
| &nbsp;&nbsp;&nbsp; Hartford Insurance Group, Inc. / The <br> (Insurance)<br>| &nbsp;&nbsp; 780 | &nbsp;&nbsp; 105479 |
| Huntington Bancshares, Inc. (Banks) | &nbsp;&nbsp; 6834 | &nbsp;&nbsp; 106952 |
| Independent Bank Corp. (Banks) | &nbsp;&nbsp; 4202 | &nbsp;&nbsp; 316032 |
| Invesco Ltd. (Capital Markets) | &nbsp;&nbsp; 21241 | &nbsp;&nbsp; 515944 |
| &nbsp;&nbsp;&nbsp; Jack Henry & Associates, Inc. <br> (Financial Services)<br>| &nbsp;&nbsp; 20 | &nbsp;&nbsp; 3161 |
| &nbsp;&nbsp;&nbsp; Jefferies Financial Group, Inc. <br> (Capital Markets)<br>| &nbsp;&nbsp; 1440 | &nbsp;&nbsp; 59429 |
| Loews Corp. (Insurance) | &nbsp;&nbsp; 670 | &nbsp;&nbsp; 71516 |
| LPL Financial Holdings, Inc. (Capital Markets) | &nbsp;&nbsp; 280 | &nbsp;&nbsp; 84232 |
| M&T Bank Corp. (Banks) | &nbsp;&nbsp; 390 | &nbsp;&nbsp; 80621 |
| Markel Group, Inc. (Insurance)<br> (a) | &nbsp;&nbsp; 30 | &nbsp;&nbsp; 57422 |
| Morningstar, Inc. (Capital Markets) | &nbsp;&nbsp; 190 | &nbsp;&nbsp; 32120 |
| MSCI, Inc. (Capital Markets) | &nbsp;&nbsp; 219 | &nbsp;&nbsp; 118043 |
| Nasdaq, Inc. (Capital Markets) | &nbsp;&nbsp; 1520 | &nbsp;&nbsp; 129033 |
| NCR Atleos Corp. (Financial Services)<br> (a) | &nbsp;&nbsp; 710 | &nbsp;&nbsp; 30942 |
| Northern Trust Corp. (Capital Markets) | &nbsp;&nbsp; 550 | &nbsp;&nbsp; 76763 |
| Pinnacle Financial Partners, Inc. (Banks) | &nbsp;&nbsp; 860 | &nbsp;&nbsp; 74080 |
| Popular, Inc. (Banks) | &nbsp;&nbsp; 470 | &nbsp;&nbsp; 63060 |
| Principal Financial Group, Inc. (Insurance) | &nbsp;&nbsp; 590 | &nbsp;&nbsp; 53165 |
| Prudential Financial, Inc. (Insurance) | &nbsp;&nbsp; 980 | &nbsp;&nbsp; 95736 |
| &nbsp;&nbsp;&nbsp; Raymond James Financial, Inc. <br> (Capital Markets)<br>| &nbsp;&nbsp; 640 | &nbsp;&nbsp; 92666 |
| Regions Financial Corp. (Banks) | &nbsp;&nbsp; 2430 | &nbsp;&nbsp; 63472 |
| &nbsp;&nbsp;&nbsp; Reinsurance Group of America, Inc. <br> (Insurance)<br>| &nbsp;&nbsp; 390 | &nbsp;&nbsp; 79622 |
| RenaissanceRe Holdings Ltd. (Insurance) | &nbsp;&nbsp; 190 | &nbsp;&nbsp; 56474 |
| &nbsp;&nbsp;&nbsp; Robinhood Markets, Inc. Class A <br> (Capital Markets)<br>(a) | &nbsp;&nbsp; 2570 | &nbsp;&nbsp; 178101 |
| Rocket Cos., Inc. Class A (Financial Services)<br> (a) | &nbsp;&nbsp; 3690 | &nbsp;&nbsp; 52583 |
| Ryan Specialty Holdings, Inc. (Insurance) | &nbsp;&nbsp; 830 | &nbsp;&nbsp; 28004 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP AB Mid Cap Core Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Financials (continued)** |  |  |
| SEI Investments Co. (Capital Markets) | &nbsp;&nbsp; 770 | &nbsp;&nbsp; $60422 |
| SoFi Technologies, Inc. (Consumer Finance)<br> (a) | &nbsp;&nbsp; 5510 | &nbsp;&nbsp; 87499 |
| Starwood Property Trust, Inc. (Mortgage REIT) | &nbsp;&nbsp; 4700 | &nbsp;&nbsp; 80934 |
| State Street Corp. (Capital Markets) | &nbsp;&nbsp; 980 | &nbsp;&nbsp; 124029 |
| Stifel Financial Corp. (Capital Markets) | &nbsp;&nbsp; 9552 | &nbsp;&nbsp; 706084 |
| Synchrony Financial (Consumer Finance) | &nbsp;&nbsp; 1210 | &nbsp;&nbsp; 82304 |
| T. Rowe Price Group, Inc. (Capital Markets) | &nbsp;&nbsp; 420 | &nbsp;&nbsp; 37859 |
| Texas Capital Bancshares, Inc. (Banks)<br> (a) | &nbsp;&nbsp; 3778 | &nbsp;&nbsp; 358457 |
| Toast, Inc. Class A (Financial Services)<br> (a) | &nbsp;&nbsp; 1160 | &nbsp;&nbsp; 30752 |
| &nbsp;&nbsp;&nbsp; Tradeweb Markets, Inc. Class A <br> (Capital Markets)<br>| &nbsp;&nbsp; 700 | &nbsp;&nbsp; 82362 |
| UMB Financial Corp. (Banks) | &nbsp;&nbsp; 3404 | &nbsp;&nbsp; 383937 |
| Voya Financial, Inc. (Financial Services) | &nbsp;&nbsp; 820 | &nbsp;&nbsp; 56022 |
| W. R. Berkley Corp. (Insurance) | &nbsp;&nbsp; 978 | &nbsp;&nbsp; 64822 |
| WaFd, Inc. (Banks) | &nbsp;&nbsp; 11360 | &nbsp;&nbsp; 356704 |
| Walker & Dunlop, Inc. (Financial Services) | &nbsp;&nbsp; 4108 | &nbsp;&nbsp; 182313 |
| Western Alliance Bancorp (Banks) | &nbsp;&nbsp; 940 | &nbsp;&nbsp; 66599 |
| Willis Towers Watson PLC (Insurance) | &nbsp;&nbsp; 290 | &nbsp;&nbsp; 84303 |
| Wintrust Financial Corp. (Banks) | &nbsp;&nbsp; 2066 | &nbsp;&nbsp; 287050 |
| XP, Inc. Class A (Capital Markets) | &nbsp;&nbsp; 2360 | &nbsp;&nbsp; 44934 |
| Zions Bancorp N.A. (Banks) | &nbsp;&nbsp; 1381 | &nbsp;&nbsp; 79573 |
|  |  | &nbsp;&nbsp; 12410385 |
| **Health Care–11.8%** |  |  |
| &nbsp;&nbsp;&nbsp; Agilent Technologies, Inc. (Life Sciences Tools <br> & Svs.)<br>| &nbsp;&nbsp; 1260 | &nbsp;&nbsp; 143615 |
| &nbsp;&nbsp;&nbsp; Align Technology, Inc. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 270 | &nbsp;&nbsp; 46286 |
| Alnylam Pharmaceuticals, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 430 | &nbsp;&nbsp; 142274 |
| Apogee Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 2131 | &nbsp;&nbsp; 179366 |
| Ascendis Pharma A/S – ADR (Biotechnology)<br> (a) | &nbsp;&nbsp; 575 | &nbsp;&nbsp; 131520 |
| AtriCure, Inc. (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 7705 | &nbsp;&nbsp; 219824 |
| Avantor, Inc. (Life Sciences Tools & Svs.)<br> (a) | &nbsp;&nbsp; 2380 | &nbsp;&nbsp; 18659 |
| &nbsp;&nbsp;&nbsp; Baxter International, Inc. (Health Care Equip. & <br> Supplies)<br>| &nbsp;&nbsp; 1700 | &nbsp;&nbsp; 28560 |
| Biogen, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 500 | &nbsp;&nbsp; 91665 |
| Bio-Techne Corp. (Life Sciences Tools & Svs.) | &nbsp;&nbsp; 8144 | &nbsp;&nbsp; 425605 |
| Bridgebio Pharma, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 3546 | &nbsp;&nbsp; 263326 |
| &nbsp;&nbsp;&nbsp; BrightSpring Health Services, Inc. (Health Care <br> Providers & Svs.)<br>(a) | &nbsp;&nbsp; 7709 | &nbsp;&nbsp; 328480 |
| &nbsp;&nbsp;&nbsp; Cardinal Health, Inc. (Health Care Providers & <br> Svs.)<br>| &nbsp;&nbsp; 640 | &nbsp;&nbsp; 135238 |
| Cencora, Inc. (Health Care Providers & Svs.) | &nbsp;&nbsp; 640 | &nbsp;&nbsp; 201050 |
| Centene Corp. (Health Care Providers & Svs.)<br> (a) | &nbsp;&nbsp; 1610 | &nbsp;&nbsp; 52711 |
| CG oncology, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 2505 | &nbsp;&nbsp; 169538 |
| &nbsp;&nbsp;&nbsp; Charles River Laboratories International, Inc. <br> (Life Sciences Tools & Svs.)<br>(a) | &nbsp;&nbsp; 230 | &nbsp;&nbsp; 39675 |
| &nbsp;&nbsp;&nbsp; Cooper Cos., Inc. / The (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 20 | &nbsp;&nbsp; 1430 |
| DaVita, Inc. (Health Care Providers & Svs.)<br> (a) | &nbsp;&nbsp; 550 | &nbsp;&nbsp; 84529 |
| Denali Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 6202 | &nbsp;&nbsp; 119078 |
| Dexcom, Inc. (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 1030 | &nbsp;&nbsp; 64684 |
| Dianthus Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 2035 | &nbsp;&nbsp; 170777 |
| Doximity, Inc. Class A (Health Care Technology)<br> (a) | &nbsp;&nbsp; 1050 | &nbsp;&nbsp; 24465 |
| Edgewise Therapeutics, Inc. (Pharmaceuticals)<br> (a) | &nbsp;&nbsp; 3774 | &nbsp;&nbsp; 118881 |
| Elanco Animal Health, Inc. (Pharmaceuticals)<br> (a) | &nbsp;&nbsp; 3820 | &nbsp;&nbsp; 91413 |
| &nbsp;&nbsp;&nbsp; Encompass Health Corp. (Health Care Providers <br> & Svs.)<br>| &nbsp;&nbsp; 3345 | &nbsp;&nbsp; 323562 |
| &nbsp;&nbsp;&nbsp; Envista Holdings Corp. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 16206 | &nbsp;&nbsp; 411146 |
| Erasca, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 5728 | &nbsp;&nbsp; 92679 |
| &nbsp;&nbsp;&nbsp; GE HealthCare Technologies, Inc. (Health Care <br> Equip. & Supplies)<br>| &nbsp;&nbsp; 1290 | &nbsp;&nbsp; 91822 |
| Glaukos Corp. (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 3096 | &nbsp;&nbsp; 333315 |
| &nbsp;&nbsp;&nbsp; Globus Medical, Inc. Class A (Health Care <br> Equip. & Supplies)<br>(a) | &nbsp;&nbsp; 5560 | &nbsp;&nbsp; 479050 |
| &nbsp;&nbsp;&nbsp; Guardant Health, Inc. (Health Care Providers & <br> Svs.)<br>(a) | &nbsp;&nbsp; 3995 | &nbsp;&nbsp; 369018 |
| Halozyme Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 3025 | &nbsp;&nbsp; 195506 |
| Hologic, Inc. (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 1110 | &nbsp;&nbsp; 83905 |
| Humana, Inc. (Health Care Providers & Svs.) | &nbsp;&nbsp; 360 | &nbsp;&nbsp; 62420 |
| ICON PLC (Life Sciences Tools & Svs.)<br> (a) | &nbsp;&nbsp; 2475 | &nbsp;&nbsp; 273883 |
| &nbsp;&nbsp;&nbsp; IDEXX Laboratories, Inc. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 240 | &nbsp;&nbsp; 134854 |
| Illumina, Inc. (Life Sciences Tools & Svs.)<br> (a) | &nbsp;&nbsp; 450 | &nbsp;&nbsp; 55467 |
| Incyte Corp. (Biotechnology)<br> (a) | &nbsp;&nbsp; 740 | &nbsp;&nbsp; 69649 |
| Insmed, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 3915 | &nbsp;&nbsp; 640181 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Health Care (continued)** |  |  |
| Insulet Corp. (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 271 | &nbsp;&nbsp; $56867 |
| &nbsp;&nbsp;&nbsp; Integer Holdings Corp. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 4210 | &nbsp;&nbsp; 370480 |
| &nbsp;&nbsp;&nbsp; IQVIA Holdings, Inc. (Life Sciences Tools & <br> Svs.)<br>(a) | &nbsp;&nbsp; 550 | &nbsp;&nbsp; 93797 |
| Kymera Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 1772 | &nbsp;&nbsp; 147590 |
| &nbsp;&nbsp;&nbsp; Labcorp Holdings, Inc. (Health Care Providers & <br> Svs.)<br>| &nbsp;&nbsp; 210 | &nbsp;&nbsp; 56030 |
| &nbsp;&nbsp;&nbsp; Lumexa Imaging Holdings, Inc. (Health Care <br> Providers & Svs.)<br>(a) | &nbsp;&nbsp; 6998 | &nbsp;&nbsp; 60183 |
| &nbsp;&nbsp;&nbsp; Madrigal Pharmaceuticals, Inc. <br> (Biotechnology)<br>(a) | &nbsp;&nbsp; 213 | &nbsp;&nbsp; 111499 |
| Masimo Corp. (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 330 | &nbsp;&nbsp; 58697 |
| &nbsp;&nbsp;&nbsp; Medpace Holdings, Inc. (Life Sciences Tools & <br> Svs.)<br>(a) | &nbsp;&nbsp; 150 | &nbsp;&nbsp; 72029 |
| &nbsp;&nbsp;&nbsp; Mettler-Toledo International, Inc. (Life Sciences <br> Tools & Svs.)<br>(a) | &nbsp;&nbsp; 111 | &nbsp;&nbsp; 139993 |
| Natera, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 1555 | &nbsp;&nbsp; 310984 |
| Neurocrine Biosciences, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 2786 | &nbsp;&nbsp; 367028 |
| &nbsp;&nbsp;&nbsp; Newamsterdam Pharma Co. N.V. <br> (Biotechnology)<br>(a) | &nbsp;&nbsp; 2713 | &nbsp;&nbsp; 86843 |
| Nuvalent, Inc. Class A (Biotechnology)<br> (a) | &nbsp;&nbsp; 1580 | &nbsp;&nbsp; 161871 |
| Ocular Therapeutix, Inc. (Pharmaceuticals)<br> (a) | &nbsp;&nbsp; 9130 | &nbsp;&nbsp; 77331 |
| Penumbra, Inc. (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 10 | &nbsp;&nbsp; 3284 |
| &nbsp;&nbsp;&nbsp; Quest Diagnostics, Inc. (Health Care Providers <br> & Svs.)<br>| &nbsp;&nbsp; 420 | &nbsp;&nbsp; 82312 |
| Repligen Corp. (Life Sciences Tools & Svs.)<br> (a) | &nbsp;&nbsp; 1847 | &nbsp;&nbsp; 217614 |
| ResMed, Inc. (Health Care Equip. & Supplies) | &nbsp;&nbsp; 510 | &nbsp;&nbsp; 114485 |
| Revolution Medicines, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 850 | &nbsp;&nbsp; 82663 |
| Revvity, Inc. (Life Sciences Tools & Svs.) | &nbsp;&nbsp; 420 | &nbsp;&nbsp; 36796 |
| Rhythm Pharmaceuticals, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 1856 | &nbsp;&nbsp; 161416 |
| Roivant Sciences Ltd. (Biotechnology)<br> (a) | &nbsp;&nbsp; 670 | &nbsp;&nbsp; 18559 |
| Royalty Pharma PLC Class A (Pharmaceuticals) | &nbsp;&nbsp; 2130 | &nbsp;&nbsp; 102176 |
| &nbsp;&nbsp;&nbsp; Solventum Corp. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 1060 | &nbsp;&nbsp; 69218 |
| STERIS PLC (Health Care Equip. & Supplies) | &nbsp;&nbsp; 346 | &nbsp;&nbsp; 76511 |
| &nbsp;&nbsp;&nbsp; Structure Therapeutics, Inc. – ADR <br> (Pharmaceuticals)<br>(a) | &nbsp;&nbsp; 1372 | &nbsp;&nbsp; 66130 |
| &nbsp;&nbsp;&nbsp; Tempus AI, Inc. Class A (Life Sciences Tools & <br> Svs.)<br>(a) | &nbsp;&nbsp; 700 | &nbsp;&nbsp; 31654 |
| &nbsp;&nbsp;&nbsp; Tenet Healthcare Corp. (Health Care Providers <br> & Svs.)<br>(a) | &nbsp;&nbsp; 2998 | &nbsp;&nbsp; 565753 |
| Terns Pharmaceuticals, Inc. (Pharmaceuticals)<br> (a) | &nbsp;&nbsp; 2258 | &nbsp;&nbsp; 119042 |
| United Therapeutics Corp. (Biotechnology)<br> (a) | &nbsp;&nbsp; 170 | &nbsp;&nbsp; 100807 |
| &nbsp;&nbsp;&nbsp; Universal Health Services, Inc. Class B (Health <br> Care Providers & Svs.)<br>| &nbsp;&nbsp; 380 | &nbsp;&nbsp; 68009 |
| &nbsp;&nbsp;&nbsp; Veeva Systems, Inc. Class A (Health Care <br> Technology)<br>(a) | &nbsp;&nbsp; 510 | &nbsp;&nbsp; 89587 |
| Vera Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 2667 | &nbsp;&nbsp; 107293 |
| Viatris, Inc. (Pharmaceuticals) | &nbsp;&nbsp; 5730 | &nbsp;&nbsp; 77412 |
| Waters Corp. (Life Sciences Tools & Svs.)<br> (a) | &nbsp;&nbsp; 343 | &nbsp;&nbsp; 102145 |
| Xenon Pharmaceuticals, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 2858 | &nbsp;&nbsp; 166193 |
| &nbsp;&nbsp;&nbsp; Zimmer Biomet Holdings, Inc. (Health Care <br> Equip. & Supplies)<br>| &nbsp;&nbsp; 850 | &nbsp;&nbsp; 76857 |
|  |  | &nbsp;&nbsp; 11616244 |
| **Industrials–22.8%** |  |  |
| A. O. Smith Corp. (Building Products) | &nbsp;&nbsp; 1130 | &nbsp;&nbsp; 74512 |
| AAON, Inc. (Building Products) | &nbsp;&nbsp; 550 | &nbsp;&nbsp; 45513 |
| &nbsp;&nbsp;&nbsp; Advanced Drainage Systems, Inc. <br> (Building Products)<br>| &nbsp;&nbsp; 360 | &nbsp;&nbsp; 49367 |
| AGCO Corp. (Machinery) | &nbsp;&nbsp; 520 | &nbsp;&nbsp; 60252 |
| Allegion PLC (Building Products) | &nbsp;&nbsp; 440 | &nbsp;&nbsp; 63928 |
| Amentum Holdings, Inc. (Professional Svs.)<br> (a) | &nbsp;&nbsp; 530 | &nbsp;&nbsp; 13822 |
| AMETEK, Inc. (Electrical Equip.) | &nbsp;&nbsp; 781 | &nbsp;&nbsp; 167415 |
| API Group Corp. (Construction & Engineering)<br> (a) | &nbsp;&nbsp; 5815 | &nbsp;&nbsp; 235624 |
| &nbsp;&nbsp;&nbsp; Applied Industrial Technologies, Inc. (Trading <br> Companies & Distributors)<br>| &nbsp;&nbsp; 1214 | &nbsp;&nbsp; 322098 |
| ArcBest Corp. (Ground Transportation) | &nbsp;&nbsp; 3411 | &nbsp;&nbsp; 335506 |
| ATI, Inc. (Aerospace & Defense)<br> (a) | &nbsp;&nbsp; 550 | &nbsp;&nbsp; 80003 |
| Axon Enterprise, Inc. (Aerospace & Defense)<br> (a) | &nbsp;&nbsp; 260 | &nbsp;&nbsp; 110419 |
| Bloom Energy Corp. Class A (Electrical Equip.)<br> (a) | &nbsp;&nbsp; 3069 | &nbsp;&nbsp; 415819 |
| &nbsp;&nbsp;&nbsp; Boise Cascade Co. (Trading Companies & <br> Distributors)<br>| &nbsp;&nbsp; 4263 | &nbsp;&nbsp; 323349 |
| &nbsp;&nbsp;&nbsp; Booz Allen Hamilton Holding Corp. <br> (Professional Svs.)<br>| &nbsp;&nbsp; 420 | &nbsp;&nbsp; 32773 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP AB Mid Cap Core Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Industrials (continued)** |  |  |
| &nbsp;&nbsp;&nbsp; Broadridge Financial Solutions, Inc. <br> (Professional Svs.)<br>| &nbsp;&nbsp; 347 | &nbsp;&nbsp; $56381 |
| &nbsp;&nbsp;&nbsp; BWX Technologies, Inc. (Aerospace & <br> Defense)<br>| &nbsp;&nbsp; 2104 | &nbsp;&nbsp; 430247 |
| &nbsp;&nbsp;&nbsp; C.H. Robinson Worldwide, Inc. (Air Freight & <br> Logistics)<br>| &nbsp;&nbsp; 3217 | &nbsp;&nbsp; 534247 |
| &nbsp;&nbsp;&nbsp; CACI International, Inc. Class A <br> (Professional Svs.)<br>(a) | &nbsp;&nbsp; 773 | &nbsp;&nbsp; 420412 |
| &nbsp;&nbsp;&nbsp; Cardinal Infrastructure Group, Inc. Class A <br> (Construction & Engineering)<br>(a) | &nbsp;&nbsp; 64 | &nbsp;&nbsp; 2538 |
| Carlisle Cos., Inc. (Building Products) | &nbsp;&nbsp; 81 | &nbsp;&nbsp; 27023 |
| &nbsp;&nbsp;&nbsp; Carpenter Technology Corp. (Aerospace & <br> Defense)<br>| &nbsp;&nbsp; 170 | &nbsp;&nbsp; 67005 |
| CBIZ, Inc. (Professional Svs.)<br> (a) | &nbsp;&nbsp; 2971 | &nbsp;&nbsp; 79771 |
| &nbsp;&nbsp;&nbsp; Clean Harbors, Inc. (Commercial Svs. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 250 | &nbsp;&nbsp; 71682 |
| CNH Industrial N.V. (Machinery) | &nbsp;&nbsp; 29200 | &nbsp;&nbsp; 321200 |
| &nbsp;&nbsp;&nbsp; Comfort Systems U.S.A., Inc. (Construction & <br> Engineering)<br>| &nbsp;&nbsp; 709 | &nbsp;&nbsp; 977704 |
| &nbsp;&nbsp;&nbsp; Core & Main, Inc. Class A (Trading Companies <br> & Distributors)<br>(a) | &nbsp;&nbsp; 6467 | &nbsp;&nbsp; 319470 |
| Crane Co. (Machinery) | &nbsp;&nbsp; 1999 | &nbsp;&nbsp; 341829 |
| Cummins, Inc. (Machinery) | &nbsp;&nbsp; 462 | &nbsp;&nbsp; 248565 |
| Curtiss-Wright Corp. (Aerospace & Defense) | &nbsp;&nbsp; 613 | &nbsp;&nbsp; 417527 |
| Delta Air Lines, Inc. (Passenger Airlines) | &nbsp;&nbsp; 2270 | &nbsp;&nbsp; 150910 |
| Dover Corp. (Machinery) | &nbsp;&nbsp; 300 | &nbsp;&nbsp; 62535 |
| &nbsp;&nbsp;&nbsp; EMCOR Group, Inc. (Construction & <br> Engineering)<br>| &nbsp;&nbsp; 152 | &nbsp;&nbsp; 112223 |
| Equifax, Inc. (Professional Svs.) | &nbsp;&nbsp; 620 | &nbsp;&nbsp; 111643 |
| &nbsp;&nbsp;&nbsp; Expeditors International of Washington, Inc. <br> (Air Freight & Logistics)<br>| &nbsp;&nbsp; 540 | &nbsp;&nbsp; 77344 |
| &nbsp;&nbsp;&nbsp; Fastenal Co. (Trading Companies & <br> Distributors)<br>| &nbsp;&nbsp; 3990 | &nbsp;&nbsp; 185136 |
| &nbsp;&nbsp;&nbsp; Ferguson Enterprises, Inc. (Trading Companies <br> & Distributors)<br>| &nbsp;&nbsp; 670 | &nbsp;&nbsp; 156284 |
| First Advantage Corp. (Professional Svs.)<br> (a) | &nbsp;&nbsp; 26870 | &nbsp;&nbsp; 315991 |
| &nbsp;&nbsp;&nbsp; Forgent Power Solutions, Inc. <br> (Electrical Equip.)<br>(a) | &nbsp;&nbsp; 5570 | &nbsp;&nbsp; 163034 |
| Fortive Corp. (Machinery) | &nbsp;&nbsp; 1010 | &nbsp;&nbsp; 55833 |
| FTAI Aviation Ltd. (Aerospace & Defense) | &nbsp;&nbsp; 450 | &nbsp;&nbsp; 110250 |
| FTI Consulting, Inc. (Professional Svs.)<br> (a) | &nbsp;&nbsp; 1927 | &nbsp;&nbsp; 340636 |
| GATX Corp. (Trading Companies & Distributors) | &nbsp;&nbsp; 2257 | &nbsp;&nbsp; 385360 |
| Generac Holdings, Inc. (Electrical Equip.)<br> (a) | &nbsp;&nbsp; 1550 | &nbsp;&nbsp; 302761 |
| Gibraltar Industries, Inc. (Building Products)<br> (a) | &nbsp;&nbsp; 7315 | &nbsp;&nbsp; 291649 |
| Graco, Inc. (Machinery) | &nbsp;&nbsp; 930 | &nbsp;&nbsp; 78724 |
| &nbsp;&nbsp;&nbsp; Granite Construction, Inc. (Construction & <br> Engineering)<br>| &nbsp;&nbsp; 3082 | &nbsp;&nbsp; 369470 |
| GXO Logistics, Inc. (Air Freight & Logistics)<br> (a) | &nbsp;&nbsp; 7715 | &nbsp;&nbsp; 400023 |
| HEICO Corp. (Aerospace & Defense) | &nbsp;&nbsp; 140 | &nbsp;&nbsp; 38388 |
| HEICO Corp. Class A (Aerospace & Defense) | &nbsp;&nbsp; 190 | &nbsp;&nbsp; 40107 |
| Hexcel Corp. (Aerospace & Defense) | &nbsp;&nbsp; 4306 | &nbsp;&nbsp; 348485 |
| &nbsp;&nbsp;&nbsp; Howmet Aerospace, Inc. (Aerospace & <br> Defense)<br>| &nbsp;&nbsp; 1390 | &nbsp;&nbsp; 320339 |
| Hubbell, Inc. (Electrical Equip.) | &nbsp;&nbsp; 180 | &nbsp;&nbsp; 88333 |
| IDEX Corp. (Machinery) | &nbsp;&nbsp; 350 | &nbsp;&nbsp; 66343 |
| Ingersoll Rand, Inc. (Machinery) | &nbsp;&nbsp; 1922 | &nbsp;&nbsp; 153991 |
| ITT, Inc. (Machinery) | &nbsp;&nbsp; 2080 | &nbsp;&nbsp; 396302 |
| &nbsp;&nbsp;&nbsp; J.B. Hunt Transport Services, Inc. <br> (Ground Transportation)<br>| &nbsp;&nbsp; 310 | &nbsp;&nbsp; 65689 |
| Jacobs Solutions, Inc. (Professional Svs.) | &nbsp;&nbsp; 500 | &nbsp;&nbsp; 63640 |
| JBT Marel Corp. (Machinery) | &nbsp;&nbsp; 2634 | &nbsp;&nbsp; 336810 |
| Kirby Corp. (Marine Transportation)<br> (a) | &nbsp;&nbsp; 4174 | &nbsp;&nbsp; 554641 |
| &nbsp;&nbsp;&nbsp; Knight-Swift Transportation Holdings, Inc. <br> (Ground Transportation)<br>| &nbsp;&nbsp; 7013 | &nbsp;&nbsp; 403809 |
| &nbsp;&nbsp;&nbsp; Kratos Defense & Security Solutions, Inc. <br> (Aerospace & Defense)<br>(a) | &nbsp;&nbsp; 4737 | &nbsp;&nbsp; 334006 |
| &nbsp;&nbsp;&nbsp; L3Harris Technologies, Inc. (Aerospace & <br> Defense)<br>| &nbsp;&nbsp; 650 | &nbsp;&nbsp; 224347 |
| Landstar System, Inc. (Ground Transportation) | &nbsp;&nbsp; 310 | &nbsp;&nbsp; 49696 |
| Leidos Holdings, Inc. (Professional Svs.) | &nbsp;&nbsp; 400 | &nbsp;&nbsp; 62208 |
| Lennox International, Inc. (Building Products) | &nbsp;&nbsp; 110 | &nbsp;&nbsp; 51054 |
| Leonardo DRS, Inc. (Aerospace & Defense) | &nbsp;&nbsp; 1730 | &nbsp;&nbsp; 77020 |
| Lincoln Electric Holdings, Inc. (Machinery) | &nbsp;&nbsp; 240 | &nbsp;&nbsp; 59779 |
| Lyft, Inc. Class A (Ground Transportation)<br> (a) | &nbsp;&nbsp; 1370 | &nbsp;&nbsp; 18221 |
| Masco Corp. (Building Products) | &nbsp;&nbsp; 710 | &nbsp;&nbsp; 42863 |
| MasTec, Inc. (Construction & Engineering)<br> (a) | &nbsp;&nbsp; 250 | &nbsp;&nbsp; 80435 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Industrials (continued)** |  |  |
| &nbsp;&nbsp;&nbsp; MSC Industrial Direct Co., Inc. Class A (Trading <br> Companies & Distributors)<br>| &nbsp;&nbsp; 680 | &nbsp;&nbsp; $62744 |
| Mueller Industries, Inc. (Machinery) | &nbsp;&nbsp; 650 | &nbsp;&nbsp; 72020 |
| Nextpower, Inc. Class A (Electrical Equip.)<br> (a) | &nbsp;&nbsp; 4191 | &nbsp;&nbsp; 505225 |
| nVent Electric PLC (Electrical Equip.) | &nbsp;&nbsp; 660 | &nbsp;&nbsp; 78065 |
| &nbsp;&nbsp;&nbsp; Old Dominion Freight Line, Inc. <br> (Ground Transportation)<br>| &nbsp;&nbsp; 650 | &nbsp;&nbsp; 127010 |
| Oshkosh Corp. (Machinery) | &nbsp;&nbsp; 3678 | &nbsp;&nbsp; 541438 |
| Otis Worldwide Corp. (Machinery) | &nbsp;&nbsp; 1080 | &nbsp;&nbsp; 83246 |
| Owens Corning (Building Products) | &nbsp;&nbsp; 390 | &nbsp;&nbsp; 42206 |
| Parsons Corp. (Professional Svs.)<br> (a) | &nbsp;&nbsp; 700 | &nbsp;&nbsp; 37919 |
| Paychex, Inc. (Professional Svs.) | &nbsp;&nbsp; 1450 | &nbsp;&nbsp; 133574 |
| Paycom Software, Inc. (Professional Svs.) | &nbsp;&nbsp; 380 | &nbsp;&nbsp; 46185 |
| Paylocity Holding Corp. (Professional Svs.)<br> (a) | &nbsp;&nbsp; 400 | &nbsp;&nbsp; 43216 |
| Pentair PLC (Machinery) | &nbsp;&nbsp; 3748 | &nbsp;&nbsp; 326488 |
| Planet Labs PBC (Professional Svs.)<br> (a) | &nbsp;&nbsp; 8720 | &nbsp;&nbsp; 243724 |
| &nbsp;&nbsp;&nbsp; Quanta Services, Inc. (Construction & <br> Engineering)<br>| &nbsp;&nbsp; 510 | &nbsp;&nbsp; 280000 |
| QXO, Inc. (Trading Companies & Distributors)<br> (a) | &nbsp;&nbsp; 3870 | &nbsp;&nbsp; 75155 |
| RB Global, Inc. (Commercial Svs. & Supplies) | &nbsp;&nbsp; 1181 | &nbsp;&nbsp; 113199 |
| RBC Bearings, Inc. (Machinery)<br> (a) | &nbsp;&nbsp; 682 | &nbsp;&nbsp; 370408 |
| Regal Rexnord Corp. (Electrical Equip.) | &nbsp;&nbsp; 2591 | &nbsp;&nbsp; 485191 |
| Robert Half, Inc. (Professional Svs.) | &nbsp;&nbsp; 12710 | &nbsp;&nbsp; 322834 |
| Rocket Lab Corp. (Aerospace & Defense)<br> (a) | &nbsp;&nbsp; 10041 | &nbsp;&nbsp; 644833 |
| Rockwell Automation, Inc. (Electrical Equip.) | &nbsp;&nbsp; 390 | &nbsp;&nbsp; 139963 |
| Rollins, Inc. (Commercial Svs. & Supplies) | &nbsp;&nbsp; 960 | &nbsp;&nbsp; 51274 |
| Saia, Inc. (Ground Transportation)<br> (a) | &nbsp;&nbsp; 1022 | &nbsp;&nbsp; 359008 |
| &nbsp;&nbsp;&nbsp; Sensata Technologies Holding PLC <br> (Electrical Equip.)<br>| &nbsp;&nbsp; 1321 | &nbsp;&nbsp; 46526 |
| Snap-on, Inc. (Machinery) | &nbsp;&nbsp; 210 | &nbsp;&nbsp; 76276 |
| Southwest Airlines Co. (Passenger Airlines) | &nbsp;&nbsp; 2410 | &nbsp;&nbsp; 90544 |
| &nbsp;&nbsp;&nbsp; SS&C Technologies Holdings, Inc. <br> (Professional Svs.)<br>| &nbsp;&nbsp; 570 | &nbsp;&nbsp; 38515 |
| Stanley Black & Decker, Inc. (Machinery) | &nbsp;&nbsp; 740 | &nbsp;&nbsp; 52584 |
| Tennant Co. (Machinery) | &nbsp;&nbsp; 22 | &nbsp;&nbsp; 1461 |
| Terex Corp. (Machinery) | &nbsp;&nbsp; 6540 | &nbsp;&nbsp; 386514 |
| Textron, Inc. (Aerospace & Defense) | &nbsp;&nbsp; 900 | &nbsp;&nbsp; 78804 |
| Toro Co. / The (Machinery) | &nbsp;&nbsp; 700 | &nbsp;&nbsp; 65408 |
| TransUnion (Professional Svs.) | &nbsp;&nbsp; 980 | &nbsp;&nbsp; 67806 |
| Trex Co., Inc. (Building Products)<br> (a) | &nbsp;&nbsp; 610 | &nbsp;&nbsp; 22216 |
| &nbsp;&nbsp;&nbsp; U-Haul Holding Co. NVS <br> (Ground Transportation)<br>| &nbsp;&nbsp; 840 | &nbsp;&nbsp; 37523 |
| &nbsp;&nbsp;&nbsp; United Airlines Holdings, Inc. <br> (Passenger Airlines)<br>(a) | &nbsp;&nbsp; 810 | &nbsp;&nbsp; 74577 |
| &nbsp;&nbsp;&nbsp; United Rentals, Inc. (Trading Companies & <br> Distributors)<br>| &nbsp;&nbsp; 221 | &nbsp;&nbsp; 161012 |
| Veralto Corp. (Commercial Svs. & Supplies) | &nbsp;&nbsp; 750 | &nbsp;&nbsp; 66315 |
| Verisk Analytics, Inc. (Professional Svs.) | &nbsp;&nbsp; 449 | &nbsp;&nbsp; 85198 |
| Vertiv Holdings Co. Class A (Electrical Equip.) | &nbsp;&nbsp; 1320 | &nbsp;&nbsp; 330766 |
| &nbsp;&nbsp;&nbsp; W.W. Grainger, Inc. (Trading Companies & <br> Distributors)<br>| &nbsp;&nbsp; 153 | &nbsp;&nbsp; 166894 |
| &nbsp;&nbsp;&nbsp; Watsco, Inc. (Trading Companies & <br> Distributors)<br>| &nbsp;&nbsp; 190 | &nbsp;&nbsp; 69120 |
| &nbsp;&nbsp;&nbsp; WESCO International, Inc. (Trading Companies <br> & Distributors)<br>| &nbsp;&nbsp; 300 | &nbsp;&nbsp; 82086 |
| &nbsp;&nbsp;&nbsp; Westinghouse Air Brake Technologies Corp. <br> (Machinery)<br>| &nbsp;&nbsp; 480 | &nbsp;&nbsp; 119957 |
| &nbsp;&nbsp;&nbsp; WillScot Holdings Corp. (Construction & <br> Engineering)<br>| &nbsp;&nbsp; 18882 | &nbsp;&nbsp; 327792 |
| Woodward, Inc. (Aerospace & Defense) | &nbsp;&nbsp; 220 | &nbsp;&nbsp; 78742 |
| XPO, Inc. (Ground Transportation)<br> (a) | &nbsp;&nbsp; 550 | &nbsp;&nbsp; 107002 |
| Xylem, Inc. (Machinery) | &nbsp;&nbsp; 730 | &nbsp;&nbsp; 87235 |
| &nbsp;&nbsp;&nbsp; Zurn Elkay Water Solutions Corp. <br> (Building Products)<br>| &nbsp;&nbsp; 7187 | &nbsp;&nbsp; 322265 |
|  |  | &nbsp;&nbsp; 22420376 |
| **Information Technology–16.1%** |  |  |
| ACI Worldwide, Inc. (Software)<br> (a) | &nbsp;&nbsp; 6412 | &nbsp;&nbsp; 262956 |
| Amdocs Ltd. (IT Svs.) | &nbsp;&nbsp; 1000 | &nbsp;&nbsp; 65260 |
| &nbsp;&nbsp;&nbsp; Amkor Technology, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 1450 | &nbsp;&nbsp; 65293 |
| &nbsp;&nbsp;&nbsp; Arrow Electronics, Inc. (Electronic Equip., Instr. <br> & Comp.)<br>(a) | &nbsp;&nbsp; 440 | &nbsp;&nbsp; 63100 |
| Astera Labs, Inc. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 294 | &nbsp;&nbsp; 32222 |
| Aurora Innovation, Inc. (Software)<br> (a) | &nbsp;&nbsp; 13980 | &nbsp;&nbsp; 57598 |
| Avnet, Inc. (Electronic Equip., Instr. & Comp.) | &nbsp;&nbsp; 7020 | &nbsp;&nbsp; 432572 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP AB Mid Cap Core Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Information Technology (continued)** |  |  |
| Bentley Systems, Inc. Class B (Software) | &nbsp;&nbsp; 1100 | &nbsp;&nbsp; $38632 |
| BILL Holdings, Inc. (Software)<br> (a) | &nbsp;&nbsp; 490 | &nbsp;&nbsp; 18767 |
| Calix, Inc. (Communications Equip.)<br> (a) | &nbsp;&nbsp; 6530 | &nbsp;&nbsp; 319905 |
| &nbsp;&nbsp;&nbsp; CCC Intelligent Solutions Holdings, Inc. <br> (Software)<br>(a) | &nbsp;&nbsp; 4820 | &nbsp;&nbsp; 28920 |
| CDW Corp. (Electronic Equip., Instr. & Comp.) | &nbsp;&nbsp; 350 | &nbsp;&nbsp; 42357 |
| Ciena Corp. (Communications Equip.)<br> (a) | &nbsp;&nbsp; 1587 | &nbsp;&nbsp; 616121 |
| Circle Internet Group, Inc. (Software)<br> (a) | &nbsp;&nbsp; 811 | &nbsp;&nbsp; 77378 |
| Cloudflare, Inc. Class A (IT Svs.)<br> (a) | &nbsp;&nbsp; 1060 | &nbsp;&nbsp; 218720 |
| &nbsp;&nbsp;&nbsp; Cognizant Technology Solutions Corp. Class A <br> (IT Svs.)<br>| &nbsp;&nbsp; 1710 | &nbsp;&nbsp; 104908 |
| &nbsp;&nbsp;&nbsp; Coherent Corp. (Electronic Equip., Instr. & <br> Comp.)<br>(a) | &nbsp;&nbsp; 1709 | &nbsp;&nbsp; 407101 |
| Corning, Inc. (Electronic Equip., Instr. & Comp.) | &nbsp;&nbsp; 2720 | &nbsp;&nbsp; 369838 |
| &nbsp;&nbsp;&nbsp; Crane NXT Co. (Electronic Equip., Instr. & <br> Comp.)<br>| &nbsp;&nbsp; 10063 | &nbsp;&nbsp; 408457 |
| &nbsp;&nbsp;&nbsp; Credo Technology Group Holding Ltd. <br> (Semiconductors & Equip.)<br>(a) | &nbsp;&nbsp; 3820 | &nbsp;&nbsp; 358583 |
| Datadog, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 1054 | &nbsp;&nbsp; 124425 |
| DigitalOcean Holdings, Inc. (IT Svs.)<br> (a) | &nbsp;&nbsp; 5541 | &nbsp;&nbsp; 475307 |
| Docusign, Inc. (Software)<br> (a) | &nbsp;&nbsp; 1070 | &nbsp;&nbsp; 50729 |
| Dynatrace, Inc. (Software)<br> (a) | &nbsp;&nbsp; 1560 | &nbsp;&nbsp; 57689 |
| Elastic N.V. (Software)<br> (a) | &nbsp;&nbsp; 940 | &nbsp;&nbsp; 46991 |
| Entegris, Inc. (Semiconductors & Equip.) | &nbsp;&nbsp; 680 | &nbsp;&nbsp; 79723 |
| EPAM Systems, Inc. (IT Svs.)<br> (a) | &nbsp;&nbsp; 510 | &nbsp;&nbsp; 69054 |
| &nbsp;&nbsp;&nbsp; Everpure, Inc. Class A (Tech. Hardware, <br> Storage & Periph.)<br>(a) | &nbsp;&nbsp; 850 | &nbsp;&nbsp; 50184 |
| F5, Inc. (Communications Equip.)<br> (a) | &nbsp;&nbsp; 1906 | &nbsp;&nbsp; 551463 |
| Fabrinet (Electronic Equip., Instr. & Comp.)<br> (a) | &nbsp;&nbsp; 1028 | &nbsp;&nbsp; 536123 |
| Fair Isaac Corp. (Software)<br> (a) | &nbsp;&nbsp; 78 | &nbsp;&nbsp; 83268 |
| First Solar, Inc. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 370 | &nbsp;&nbsp; 72986 |
| Flex Ltd. (Electronic Equip., Instr. & Comp.)<br> (a) | &nbsp;&nbsp; 970 | &nbsp;&nbsp; 63496 |
| FormFactor, Inc. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 6064 | &nbsp;&nbsp; 588147 |
| Gartner, Inc. (IT Svs.)<br> (a) | &nbsp;&nbsp; 449 | &nbsp;&nbsp; 71095 |
| Gen Digital, Inc. (Software) | &nbsp;&nbsp; 2820 | &nbsp;&nbsp; 53101 |
| &nbsp;&nbsp;&nbsp; GLOBALFOUNDRIES, Inc. (Semiconductors & <br> Equip.)<br>(a) | &nbsp;&nbsp; 300 | &nbsp;&nbsp; 13344 |
| Globant SA (IT Svs.)<br> (a) | &nbsp;&nbsp; 4710 | &nbsp;&nbsp; 217178 |
| GoDaddy, Inc. Class A (IT Svs.)<br> (a) | &nbsp;&nbsp; 490 | &nbsp;&nbsp; 40508 |
| Guidewire Software, Inc. (Software)<br> (a) | &nbsp;&nbsp; 210 | &nbsp;&nbsp; 31408 |
| &nbsp;&nbsp;&nbsp; Hewlett Packard Enterprise Co. (Tech. <br> Hardware, Storage & Periph.)<br>| &nbsp;&nbsp; 5300 | &nbsp;&nbsp; 126193 |
| HP, Inc. (Tech. Hardware, Storage & Periph.) | &nbsp;&nbsp; 2390 | &nbsp;&nbsp; 45912 |
| HubSpot, Inc. (Software)<br> (a) | &nbsp;&nbsp; 130 | &nbsp;&nbsp; 31733 |
| Jabil, Inc. (Electronic Equip., Instr. & Comp.) | &nbsp;&nbsp; 270 | &nbsp;&nbsp; 71720 |
| &nbsp;&nbsp;&nbsp; Keysight Technologies, Inc. (Electronic Equip., <br> Instr. & Comp.)<br>(a) | &nbsp;&nbsp; 570 | &nbsp;&nbsp; 160951 |
| Klaviyo, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 8048 | &nbsp;&nbsp; 156614 |
| &nbsp;&nbsp;&nbsp; Lattice Semiconductor Corp. (Semiconductors <br> & Equip.)<br>(a) | &nbsp;&nbsp; 5122 | &nbsp;&nbsp; 475117 |
| &nbsp;&nbsp;&nbsp; Littelfuse, Inc. (Electronic Equip., Instr. & <br> Comp.)<br>| &nbsp;&nbsp; 660 | &nbsp;&nbsp; 223971 |
| &nbsp;&nbsp;&nbsp; Lumentum Holdings, Inc. <br> (Communications Equip.)<br>(a) | &nbsp;&nbsp; 230 | &nbsp;&nbsp; 161635 |
| &nbsp;&nbsp;&nbsp; MACOM Technology Solutions Holdings, Inc. <br> (Semiconductors & Equip.)<br>(a) | &nbsp;&nbsp; 1607 | &nbsp;&nbsp; 356866 |
| Manhattan Associates, Inc. (Software)<br> (a) | &nbsp;&nbsp; 380 | &nbsp;&nbsp; 50586 |
| &nbsp;&nbsp;&nbsp; Microchip Technology, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 1506 | &nbsp;&nbsp; 97303 |
| MKS, Inc. (Semiconductors & Equip.) | &nbsp;&nbsp; 1284 | &nbsp;&nbsp; 295076 |
| MongoDB, Inc. (IT Svs.)<br> (a) | &nbsp;&nbsp; 1322 | &nbsp;&nbsp; 323586 |
| &nbsp;&nbsp;&nbsp; Monolithic Power Systems, Inc. <br> (Semiconductors & Equip.)<br>| &nbsp;&nbsp; 162 | &nbsp;&nbsp; 177123 |
| &nbsp;&nbsp;&nbsp; NetApp, Inc. (Tech. Hardware, Storage & <br> Periph.)<br>| &nbsp;&nbsp; 640 | &nbsp;&nbsp; 65530 |
| Nice Ltd. – ADR (Software)<br> (a) | &nbsp;&nbsp; 2010 | &nbsp;&nbsp; 221623 |
| Nova Ltd. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 750 | &nbsp;&nbsp; 325710 |
| Nutanix, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 650 | &nbsp;&nbsp; 24707 |
| Okta, Inc. (IT Svs.)<br> (a) | &nbsp;&nbsp; 820 | &nbsp;&nbsp; 64542 |
| &nbsp;&nbsp;&nbsp; ON Semiconductor Corp. (Semiconductors & <br> Equip.)<br>(a) | &nbsp;&nbsp; 8204 | &nbsp;&nbsp; 507992 |
| &nbsp;&nbsp;&nbsp; Onto Innovation, Inc. (Semiconductors & <br> Equip.)<br>(a) | &nbsp;&nbsp; 370 | &nbsp;&nbsp; 75876 |
| Plexus Corp. (Electronic Equip., Instr. & Comp.)<br> (a) | &nbsp;&nbsp; 1955 | &nbsp;&nbsp; 395966 |
| Procore Technologies, Inc. (Software)<br> (a) | &nbsp;&nbsp; 7084 | &nbsp;&nbsp; 403788 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Information Technology (continued)** |  |  |
| PTC, Inc. (Software)<br> (a) | &nbsp;&nbsp; 310 | &nbsp;&nbsp; $44172 |
| &nbsp;&nbsp;&nbsp; Qnity Electronics, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 726 | &nbsp;&nbsp; 83766 |
| Qorvo, Inc. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 470 | &nbsp;&nbsp; 36378 |
| Ralliant Corp. (Electronic Equip., Instr. & Comp.) | &nbsp;&nbsp; 336 | &nbsp;&nbsp; 13974 |
| SailPoint, Inc. (Software)<br> (a) | &nbsp;&nbsp; 3280 | &nbsp;&nbsp; 43427 |
| Samsara, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 10387 | &nbsp;&nbsp; 329164 |
| &nbsp;&nbsp;&nbsp; Sandisk Corp. (Tech. Hardware, Storage & <br> Periph.)<br>(a) | &nbsp;&nbsp; 450 | &nbsp;&nbsp; 285903 |
| Semtech Corp. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 4533 | &nbsp;&nbsp; 348542 |
| &nbsp;&nbsp;&nbsp; Skyworks Solutions, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 680 | &nbsp;&nbsp; 36414 |
| &nbsp;&nbsp;&nbsp; Super Micro Computer, Inc. (Tech. Hardware, <br> Storage & Periph.)<br>(a) | &nbsp;&nbsp; 1500 | &nbsp;&nbsp; 34155 |
| &nbsp;&nbsp;&nbsp; TD SYNNEX Corp. (Electronic Equip., Instr. & <br> Comp.)<br>| &nbsp;&nbsp; 3050 | &nbsp;&nbsp; 514565 |
| &nbsp;&nbsp;&nbsp; Teledyne Technologies, Inc. (Electronic Equip., <br> Instr. & Comp.)<br>(a) | &nbsp;&nbsp; 115 | &nbsp;&nbsp; 69576 |
| Teradyne, Inc. (Semiconductors & Equip.) | &nbsp;&nbsp; 1400 | &nbsp;&nbsp; 415044 |
| Trimble, Inc. (Software)<br> (a) | &nbsp;&nbsp; 610 | &nbsp;&nbsp; 39790 |
| Twilio, Inc. Class A (IT Svs.)<br> (a) | &nbsp;&nbsp; 670 | &nbsp;&nbsp; 84299 |
| Tyler Technologies, Inc. (Software)<br> (a) | &nbsp;&nbsp; 100 | &nbsp;&nbsp; 34238 |
| Ubiquiti, Inc. (Communications Equip.) | &nbsp;&nbsp; 120 | &nbsp;&nbsp; 94835 |
| UiPath, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 4120 | &nbsp;&nbsp; 45732 |
| Unity Software, Inc. (Software)<br> (a) | &nbsp;&nbsp; 2300 | &nbsp;&nbsp; 50462 |
| &nbsp;&nbsp;&nbsp; Universal Display Corp. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 3600 | &nbsp;&nbsp; 329976 |
| VeriSign, Inc. (IT Svs.) | &nbsp;&nbsp; 220 | &nbsp;&nbsp; 54639 |
| &nbsp;&nbsp;&nbsp; Western Digital Corp. (Tech. Hardware, Storage <br> & Periph.)<br>| &nbsp;&nbsp; 1180 | &nbsp;&nbsp; 319178 |
| &nbsp;&nbsp;&nbsp; Zebra Technologies Corp. Class A (Electronic <br> Equip., Instr. & Comp.)<br>(a) | &nbsp;&nbsp; 1291 | &nbsp;&nbsp; 269922 |
| Zoom Communications, Inc. (Software)<br> (a) | &nbsp;&nbsp; 900 | &nbsp;&nbsp; 72351 |
| Zscaler, Inc. (Software)<br> (a) | &nbsp;&nbsp; 250 | &nbsp;&nbsp; 35073 |
|  |  | &nbsp;&nbsp; 15790602 |
| **Materials–5.0%** |  |  |
| Albemarle Corp. (Chemicals) | &nbsp;&nbsp; 2109 | &nbsp;&nbsp; 378629 |
| Alcoa Corp. (Metals & Mining) | &nbsp;&nbsp; 3566 | &nbsp;&nbsp; 236533 |
| Amcor PLC (Containers & Packaging) | &nbsp;&nbsp; 1298 | &nbsp;&nbsp; 51595 |
| Anglogold Ashanti PLC (Metals & Mining) | &nbsp;&nbsp; 1700 | &nbsp;&nbsp; 165512 |
| &nbsp;&nbsp;&nbsp; Avery Dennison Corp. (Containers & <br> Packaging)<br>| &nbsp;&nbsp; 260 | &nbsp;&nbsp; 44897 |
| Avient Corp. (Chemicals) | &nbsp;&nbsp; 8496 | &nbsp;&nbsp; 308405 |
| Ball Corp. (Containers & Packaging) | &nbsp;&nbsp; 990 | &nbsp;&nbsp; 58519 |
| CF Industries Holdings, Inc. (Chemicals) | &nbsp;&nbsp; 890 | &nbsp;&nbsp; 115558 |
| Corteva, Inc. (Chemicals) | &nbsp;&nbsp; 2383 | &nbsp;&nbsp; 199481 |
| Crown Holdings, Inc. (Containers & Packaging) | &nbsp;&nbsp; 630 | &nbsp;&nbsp; 63157 |
| Dow, Inc. (Chemicals) | &nbsp;&nbsp; 2130 | &nbsp;&nbsp; 88714 |
| DuPont de Nemours, Inc. (Chemicals) | &nbsp;&nbsp; 1452 | &nbsp;&nbsp; 66502 |
| Eagle Materials, Inc. (Construction Materials) | &nbsp;&nbsp; 1284 | &nbsp;&nbsp; 243254 |
| Eastman Chemical Co. (Chemicals) | &nbsp;&nbsp; 660 | &nbsp;&nbsp; 50371 |
| Element Solutions, Inc. (Chemicals) | &nbsp;&nbsp; 8890 | &nbsp;&nbsp; 303505 |
| &nbsp;&nbsp;&nbsp; Graphic Packaging Holding Co. (Containers & <br> Packaging)<br>| &nbsp;&nbsp; 2542 | &nbsp;&nbsp; 25267 |
| &nbsp;&nbsp;&nbsp; International Flavors & Fragrances, Inc. <br> (Chemicals)<br>| &nbsp;&nbsp; 719 | &nbsp;&nbsp; 52163 |
| &nbsp;&nbsp;&nbsp; International Paper Co. (Containers & <br> Packaging)<br>| &nbsp;&nbsp; 2947 | &nbsp;&nbsp; 105208 |
| &nbsp;&nbsp;&nbsp; Martin Marietta Materials, Inc. <br> (Construction Materials)<br>| &nbsp;&nbsp; 270 | &nbsp;&nbsp; 158944 |
| MP Materials Corp. (Metals & Mining)<br> (a) | &nbsp;&nbsp; 3976 | &nbsp;&nbsp; 191882 |
| Nucor Corp. (Metals & Mining) | &nbsp;&nbsp; 800 | &nbsp;&nbsp; 135280 |
| O-I Glass, Inc. (Containers & Packaging)<br> (a) | &nbsp;&nbsp; 28586 | &nbsp;&nbsp; 300439 |
| &nbsp;&nbsp;&nbsp; Packaging Corp. of America (Containers & <br> Packaging)<br>| &nbsp;&nbsp; 580 | &nbsp;&nbsp; 123088 |
| PPG Industries, Inc. (Chemicals) | &nbsp;&nbsp; 580 | &nbsp;&nbsp; 61990 |
| Reliance, Inc. (Metals & Mining) | &nbsp;&nbsp; 1981 | &nbsp;&nbsp; 602065 |
| Royal Gold, Inc. (Metals & Mining) | &nbsp;&nbsp; 260 | &nbsp;&nbsp; 66167 |
| RPM International, Inc. (Chemicals) | &nbsp;&nbsp; 4169 | &nbsp;&nbsp; 414399 |
| &nbsp;&nbsp;&nbsp; Smurfit Westrock PLC (Containers & <br> Packaging)<br>| &nbsp;&nbsp; 1503 | &nbsp;&nbsp; 59894 |
| Steel Dynamics, Inc. (Metals & Mining) | &nbsp;&nbsp; 480 | &nbsp;&nbsp; 86400 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP AB Mid Cap Core Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Materials (continued)** |  |  |
| Vulcan Materials Co. (Construction Materials) | &nbsp;&nbsp; 460 | &nbsp;&nbsp; $125258 |
| Westlake Corp. (Chemicals) | &nbsp;&nbsp; 550 | &nbsp;&nbsp; 64251 |
|  |  | &nbsp;&nbsp; 4947327 |
| **Real Estate–5.2%** |  |  |
| &nbsp;&nbsp;&nbsp; American Healthcare REIT, Inc. (Health Care <br> REITs)<br>| &nbsp;&nbsp; 3670 | &nbsp;&nbsp; 173077 |
| Americold Realty Trust, Inc. (Industrial REITs) | &nbsp;&nbsp; 7100 | &nbsp;&nbsp; 81366 |
| &nbsp;&nbsp;&nbsp; AvalonBay Communities, Inc. <br> (Residential REITs)<br>| &nbsp;&nbsp; 490 | &nbsp;&nbsp; 80041 |
| Brixmor Property Group, Inc. (Retail REITs) | &nbsp;&nbsp; 10601 | &nbsp;&nbsp; 305309 |
| Broadstone Net Lease, Inc. (Diversified REITs) | &nbsp;&nbsp; 10861 | &nbsp;&nbsp; 198430 |
| &nbsp;&nbsp;&nbsp; CBRE Group, Inc. Class A (Real Estate Mgmt. & <br> Development)<br>(a) | &nbsp;&nbsp; 1000 | &nbsp;&nbsp; 135460 |
| COPT Defense Properties (Office REITs) | &nbsp;&nbsp; 12082 | &nbsp;&nbsp; 369709 |
| Crown Castle, Inc. (Specialized REITs) | &nbsp;&nbsp; 1510 | &nbsp;&nbsp; 122778 |
| CubeSmart (Specialized REITs) | &nbsp;&nbsp; 4461 | &nbsp;&nbsp; 163496 |
| Digital Realty Trust, Inc. (Specialized REITs) | &nbsp;&nbsp; 1170 | &nbsp;&nbsp; 210846 |
| &nbsp;&nbsp;&nbsp; Equity LifeStyle Properties, Inc. <br> (Residential REITs)<br>| &nbsp;&nbsp; 1100 | &nbsp;&nbsp; 68662 |
| Equity Residential (Residential REITs) | &nbsp;&nbsp; 940 | &nbsp;&nbsp; 55601 |
| Essex Property Trust, Inc. (Residential REITs) | &nbsp;&nbsp; 270 | &nbsp;&nbsp; 65340 |
| Extra Space Storage, Inc. (Specialized REITs) | &nbsp;&nbsp; 1169 | &nbsp;&nbsp; 153291 |
| &nbsp;&nbsp;&nbsp; First Industrial Realty Trust, Inc. <br> (Industrial REITs)<br>| &nbsp;&nbsp; 1400 | &nbsp;&nbsp; 80990 |
| &nbsp;&nbsp;&nbsp; Gaming and Leisure Properties, Inc. <br> (Specialized REITs)<br>| &nbsp;&nbsp; 1710 | &nbsp;&nbsp; 75873 |
| &nbsp;&nbsp;&nbsp; Independence Realty Trust, Inc. <br> (Residential REITs)<br>| &nbsp;&nbsp; 18985 | &nbsp;&nbsp; 282687 |
| Invitation Homes, Inc. (Residential REITs) | &nbsp;&nbsp; 1780 | &nbsp;&nbsp; 44233 |
| Iron Mountain, Inc. (Specialized REITs) | &nbsp;&nbsp; 940 | &nbsp;&nbsp; 96012 |
| &nbsp;&nbsp;&nbsp; Jones Lang LaSalle, Inc. (Real Estate Mgmt. & <br> Development)<br>(a) | &nbsp;&nbsp; 1894 | &nbsp;&nbsp; 576382 |
| Lineage, Inc. (Industrial REITs) | &nbsp;&nbsp; 1139 | &nbsp;&nbsp; 37314 |
| &nbsp;&nbsp;&nbsp; Mid-America Apartment Communities, Inc. <br> (Residential REITs)<br>| &nbsp;&nbsp; 480 | &nbsp;&nbsp; 58618 |
| NNN REIT, Inc. (Retail REITs) | &nbsp;&nbsp; 1820 | &nbsp;&nbsp; 76495 |
| &nbsp;&nbsp;&nbsp; Omega Healthcare Investors, Inc. (Health Care <br> REITs)<br>| &nbsp;&nbsp; 1900 | &nbsp;&nbsp; 83258 |
| Realty Income Corp. (Retail REITs) | &nbsp;&nbsp; 3150 | &nbsp;&nbsp; 192717 |
| Regency Centers Corp. (Retail REITs) | &nbsp;&nbsp; 950 | &nbsp;&nbsp; 71877 |
| &nbsp;&nbsp;&nbsp; Ryman Hospitality Properties, Inc. (Hotel & <br> Resort REITs)<br>| &nbsp;&nbsp; 2002 | &nbsp;&nbsp; 184724 |
| SBA Communications Corp. (Specialized REITs) | &nbsp;&nbsp; 280 | &nbsp;&nbsp; 48191 |
| Simon Property Group, Inc. (Retail REITs) | &nbsp;&nbsp; 1128 | &nbsp;&nbsp; 210406 |
| STAG Industrial, Inc. (Industrial REITs) | &nbsp;&nbsp; 8050 | &nbsp;&nbsp; 290283 |
| Sun Communities, Inc. (Residential REITs) | &nbsp;&nbsp; 420 | &nbsp;&nbsp; 52903 |
| UDR, Inc. (Residential REITs) | &nbsp;&nbsp; 2130 | &nbsp;&nbsp; 71951 |
| Ventas, Inc. (Health Care REITs) | &nbsp;&nbsp; 1180 | &nbsp;&nbsp; 96500 |
| VICI Properties, Inc. (Specialized REITs) | &nbsp;&nbsp; 3360 | &nbsp;&nbsp; 91795 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Real Estate (continued)** |  |  |
| Vornado Realty Trust (Office REITs) | &nbsp;&nbsp; 2900 | &nbsp;&nbsp; $75371 |
| W.P. Carey, Inc. (Diversified REITs) | &nbsp;&nbsp; 1020 | &nbsp;&nbsp; 69319 |
|  |  | &nbsp;&nbsp; 5051305 |
| **Utilities–4.0%** |  |  |
| Alliant Energy Corp. (Electric Utilities) | &nbsp;&nbsp; 1140 | &nbsp;&nbsp; 81806 |
| Ameren Corp. (Multi-Utilities) | &nbsp;&nbsp; 1460 | &nbsp;&nbsp; 160483 |
| &nbsp;&nbsp;&nbsp; American Water Works Co., Inc. <br> (Water Utilities)<br>| &nbsp;&nbsp; 510 | &nbsp;&nbsp; 69406 |
| Atmos Energy Corp. (Gas Utilities) | &nbsp;&nbsp; 490 | &nbsp;&nbsp; 90513 |
| &nbsp;&nbsp;&nbsp; Brookfield Renewable Corp. (Ind. Power & <br> Renewable Elec.)<br>| &nbsp;&nbsp; 2000 | &nbsp;&nbsp; 79660 |
| CenterPoint Energy, Inc. (Multi-Utilities) | &nbsp;&nbsp; 1940 | &nbsp;&nbsp; 83730 |
| Chesapeake Utilities Corp. (Gas Utilities) | &nbsp;&nbsp; 2428 | &nbsp;&nbsp; 306826 |
| CMS Energy Corp. (Multi-Utilities) | &nbsp;&nbsp; 880 | &nbsp;&nbsp; 68270 |
| Consolidated Edison, Inc. (Multi-Utilities) | &nbsp;&nbsp; 1250 | &nbsp;&nbsp; 141475 |
| DTE Energy Co. (Multi-Utilities) | &nbsp;&nbsp; 560 | &nbsp;&nbsp; 81883 |
| Edison International (Electric Utilities) | &nbsp;&nbsp; 770 | &nbsp;&nbsp; 56349 |
| Entergy Corp. (Electric Utilities) | &nbsp;&nbsp; 1550 | &nbsp;&nbsp; 174158 |
| Essential Utilities, Inc. (Water Utilities) | &nbsp;&nbsp; 1890 | &nbsp;&nbsp; 76110 |
| Eversource Energy (Electric Utilities) | &nbsp;&nbsp; 1990 | &nbsp;&nbsp; 137867 |
| Exelon Corp. (Electric Utilities) | &nbsp;&nbsp; 3520 | &nbsp;&nbsp; 172551 |
| FirstEnergy Corp. (Electric Utilities) | &nbsp;&nbsp; 1520 | &nbsp;&nbsp; 77003 |
| IDACORP, Inc. (Electric Utilities) | &nbsp;&nbsp; 4567 | &nbsp;&nbsp; 652944 |
| NiSource, Inc. (Multi-Utilities) | &nbsp;&nbsp; 1200 | &nbsp;&nbsp; 55992 |
| NRG Energy, Inc. (Electric Utilities) | &nbsp;&nbsp; 920 | &nbsp;&nbsp; 134449 |
| ONE Gas, Inc. (Gas Utilities) | &nbsp;&nbsp; 4228 | &nbsp;&nbsp; 364158 |
| PG&E Corp. (Electric Utilities) | &nbsp;&nbsp; 5716 | &nbsp;&nbsp; 100430 |
| PPL Corp. (Electric Utilities) | &nbsp;&nbsp; 2570 | &nbsp;&nbsp; 98174 |
| &nbsp;&nbsp;&nbsp; Public Service Enterprise Group, Inc. <br> (Multi-Utilities)<br>| &nbsp;&nbsp; 1740 | &nbsp;&nbsp; 140853 |
| &nbsp;&nbsp;&nbsp; Talen Energy Corp. (Ind. Power & Renewable <br> Elec.)<br>(a) | &nbsp;&nbsp; 170 | &nbsp;&nbsp; 54269 |
| UGI Corp. (Gas Utilities) | &nbsp;&nbsp; 1500 | &nbsp;&nbsp; 54630 |
| Vistra Corp. (Ind. Power & Renewable Elec.) | &nbsp;&nbsp; 1180 | &nbsp;&nbsp; 177390 |
| WEC Energy Group, Inc. (Multi-Utilities) | &nbsp;&nbsp; 930 | &nbsp;&nbsp; 107666 |
| Xcel Energy, Inc. (Electric Utilities) | &nbsp;&nbsp; 2060 | &nbsp;&nbsp; 163647 |
|  |  | &nbsp;&nbsp; 3962692 |
| **Total Common Stocks (Cost $92,063,600)** |  | &nbsp;&nbsp; $97904381 |

---

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

---

| | | |
|:---|:---|:---|
| **Exchange Traded Funds–0.1%** | **Shares** | **Value** |
| iShares Russell Mid-Cap ETF  | &nbsp;&nbsp; 1072 | &nbsp;&nbsp; $104231 |
| **Total Exchange Traded Funds (Cost $102,537)** |  | &nbsp;&nbsp; $104231 |
| **Total Investments – 99.7% (Cost $92,166,137)**<br> (b) |  | &nbsp;&nbsp; $98008612 |
| **Other Assets in Excess of Liabilities – 0.3%** |  | &nbsp;&nbsp; 321168 |
| **Net Assets – 100.0%** | **Net Assets – 100.0%** | &nbsp;&nbsp; $98329780 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

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

---

| | |
|:---|:---|
| Abbreviations: | Abbreviations: |
| &nbsp;&nbsp;&nbsp;&nbsp; ADR: | American Depositary Receipts |
| &nbsp;&nbsp;&nbsp;&nbsp; ETF: | Exchange Traded Fund |
| &nbsp;&nbsp;&nbsp;&nbsp; NVS: | Non-Voting Shares |
| &nbsp;&nbsp;&nbsp;&nbsp; REITs: | Real Estate Investment Trusts |

---

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

Footnotes: <br> (a) Non-income producing security. <br> (b) Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 4 of the Notes to Schedules of Investments.

The accompanying notes are an integral part of these financial statements. <br>

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP S&P 500**<sup>®</sup> **Index Portfolio**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

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

---

| | | |
|:---|:---|:---|
| **Common Stocks–98.8%** | **Shares** | **Value** |
| **Communication Services–10.2%** |  |  |
| &nbsp;&nbsp;&nbsp; Alphabet, Inc. Class A (Interactive Media & <br> Svs.)<br>| &nbsp;&nbsp; 113654 | &nbsp;&nbsp; $32682344 |
| &nbsp;&nbsp;&nbsp; Alphabet, Inc. Class C (Interactive Media & <br> Svs.)<br>| &nbsp;&nbsp; 91303 | &nbsp;&nbsp; 26191179 |
| AT&T, Inc. (Diversified Telecom. Svs.) | &nbsp;&nbsp; 136822 | &nbsp;&nbsp; 3966470 |
| Charter Communications, Inc. Class A (Media)<br> (a) | &nbsp;&nbsp; 1690 | &nbsp;&nbsp; 364837 |
| &nbsp;&nbsp;&nbsp; Comcast Corp. Class A (Diversified Telecom. <br> Svs.)<br>| &nbsp;&nbsp; 69924 | &nbsp;&nbsp; 2007518 |
| EchoStar Corp. Class A (Media)<br> (a) | &nbsp;&nbsp; 2642 | &nbsp;&nbsp; 309299 |
| Electronic Arts, Inc. (Entertainment) | &nbsp;&nbsp; 4421 | &nbsp;&nbsp; 901309 |
| Fox Corp. Class A (Media) | &nbsp;&nbsp; 3939 | &nbsp;&nbsp; 230038 |
| Fox Corp. Class B (Media) | &nbsp;&nbsp; 2779 | &nbsp;&nbsp; 147565 |
| &nbsp;&nbsp;&nbsp; Live Nation Entertainment, Inc. <br> (Entertainment)<br>(a) | &nbsp;&nbsp; 3099 | &nbsp;&nbsp; 472629 |
| &nbsp;&nbsp;&nbsp; Meta Platforms, Inc. Class A (Interactive <br> Media & Svs.)<br>| &nbsp;&nbsp; 42695 | &nbsp;&nbsp; 24427090 |
| Netflix, Inc. (Entertainment)<br> (a) | &nbsp;&nbsp; 82389 | &nbsp;&nbsp; 7921702 |
| News Corp. Class A (Media) | &nbsp;&nbsp; 7267 | &nbsp;&nbsp; 181166 |
| News Corp. Class B (Media) | &nbsp;&nbsp; 2399 | &nbsp;&nbsp; 68395 |
| Omnicom Group, Inc. (Media) | &nbsp;&nbsp; 6175 | &nbsp;&nbsp; 465039 |
| Paramount Skydance Corp. Class B (Media) | &nbsp;&nbsp; 6100 | &nbsp;&nbsp; 55022 |
| &nbsp;&nbsp;&nbsp; Take-Two Interactive Software, Inc. <br> (Entertainment)<br>(a) | &nbsp;&nbsp; 3417 | &nbsp;&nbsp; 674858 |
| TKO Group Holdings, Inc. (Entertainment) | &nbsp;&nbsp; 1301 | &nbsp;&nbsp; 262347 |
| T-Mobile U.S., Inc. (Wireless Telecom. Svs.) | &nbsp;&nbsp; 9229 | &nbsp;&nbsp; 1938367 |
| Trade Desk, Inc. / The Class A (Media)<br> (a) | &nbsp;&nbsp; 8643 | &nbsp;&nbsp; 196110 |
| &nbsp;&nbsp;&nbsp; Verizon Communications, Inc. (Diversified <br> Telecom. Svs.)<br>| &nbsp;&nbsp; 82421 | &nbsp;&nbsp; 4137534 |
| Walt Disney Co. / The (Entertainment) | &nbsp;&nbsp; 34547 | &nbsp;&nbsp; 3329640 |
| Warner Bros. Discovery, Inc. (Entertainment)<br> (a) | &nbsp;&nbsp; 48648 | &nbsp;&nbsp; 1335874 |
|  |  | &nbsp;&nbsp; 112266332 |
| **Consumer Discretionary–9.7%** |  |  |
| &nbsp;&nbsp;&nbsp; Airbnb, Inc. Class A (Hotels, Restaurants & <br> Leisure)<br>(a) | &nbsp;&nbsp; 8199 | &nbsp;&nbsp; 1035370 |
| Amazon.com, Inc. (Broadline Retail)<br> (a) | &nbsp;&nbsp; 190699 | &nbsp;&nbsp; 39716881 |
| Aptiv PLC (Automobile Components)<br> (a) | &nbsp;&nbsp; 4176 | &nbsp;&nbsp; 289981 |
| AutoZone, Inc. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 321 | &nbsp;&nbsp; 1084267 |
| Best Buy Co., Inc. (Specialty Retail) | &nbsp;&nbsp; 3825 | &nbsp;&nbsp; 245565 |
| &nbsp;&nbsp;&nbsp; Booking Holdings, Inc. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 628 | &nbsp;&nbsp; 2644081 |
| Carnival Corp. (Hotels, Restaurants & Leisure) | &nbsp;&nbsp; 22576 | &nbsp;&nbsp; 584267 |
| Carvana Co. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 2776 | &nbsp;&nbsp; 872719 |
| &nbsp;&nbsp;&nbsp; Chipotle Mexican Grill, Inc. (Hotels, <br> Restaurants & Leisure)<br>(a) | &nbsp;&nbsp; 25565 | &nbsp;&nbsp; 818336 |
| D.R. Horton, Inc. (Household Durables) | &nbsp;&nbsp; 5288 | &nbsp;&nbsp; 725619 |
| &nbsp;&nbsp;&nbsp; Darden Restaurants, Inc. (Hotels, Restaurants <br> & Leisure)<br>| &nbsp;&nbsp; 2260 | &nbsp;&nbsp; 443050 |
| &nbsp;&nbsp;&nbsp; Deckers Outdoor Corp. (Textiles, Apparel & <br> Luxury Goods)<br>(a) | &nbsp;&nbsp; 2786 | &nbsp;&nbsp; 278851 |
| &nbsp;&nbsp;&nbsp; Domino's Pizza, Inc. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 610 | &nbsp;&nbsp; 218862 |
| &nbsp;&nbsp;&nbsp; DoorDash, Inc. Class A (Hotels, Restaurants & <br> Leisure)<br>(a) | &nbsp;&nbsp; 7338 | &nbsp;&nbsp; 1101801 |
| eBay, Inc. (Broadline Retail) | &nbsp;&nbsp; 8872 | &nbsp;&nbsp; 807530 |
| &nbsp;&nbsp;&nbsp; Expedia Group, Inc. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 2297 | &nbsp;&nbsp; 530354 |
| Ford Motor Co. (Automobiles) | &nbsp;&nbsp; 75651 | &nbsp;&nbsp; 873013 |
| Garmin Ltd. (Household Durables) | &nbsp;&nbsp; 3209 | &nbsp;&nbsp; 744520 |
| General Motors Co. (Automobiles) | &nbsp;&nbsp; 17548 | &nbsp;&nbsp; 1307326 |
| Genuine Parts Co. (Distributors) | &nbsp;&nbsp; 2731 | &nbsp;&nbsp; 288803 |
| Hasbro, Inc. (Leisure Products) | &nbsp;&nbsp; 2617 | &nbsp;&nbsp; 244951 |
| &nbsp;&nbsp;&nbsp; Hilton Worldwide Holdings, Inc. (Hotels, <br> Restaurants & Leisure)<br>| &nbsp;&nbsp; 4451 | &nbsp;&nbsp; 1353460 |
| Home Depot, Inc. / The (Specialty Retail) | &nbsp;&nbsp; 19439 | &nbsp;&nbsp; 6393293 |
| &nbsp;&nbsp;&nbsp; Las Vegas Sands Corp. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 5935 | &nbsp;&nbsp; 319778 |
| Lennar Corp. Class A (Household Durables) | &nbsp;&nbsp; 4235 | &nbsp;&nbsp; 367767 |
| Lowe's Cos., Inc. (Specialty Retail) | &nbsp;&nbsp; 10945 | &nbsp;&nbsp; 2586085 |
| &nbsp;&nbsp;&nbsp; Lululemon Athletica, Inc. (Textiles, Apparel & <br> Luxury Goods)<br>(a) | &nbsp;&nbsp; 2095 | &nbsp;&nbsp; 320745 |
| &nbsp;&nbsp;&nbsp; Marriott International, Inc. Class A (Hotels, <br> Restaurants & Leisure)<br>| &nbsp;&nbsp; 4271 | &nbsp;&nbsp; 1396916 |
| &nbsp;&nbsp;&nbsp; McDonald's Corp. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 13916 | &nbsp;&nbsp; 4324954 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Consumer Discretionary (continued)** |  |  |
| &nbsp;&nbsp;&nbsp; MGM Resorts International (Hotels, <br> Restaurants & Leisure)<br>(a) | &nbsp;&nbsp; 3766 | &nbsp;&nbsp; $139380 |
| &nbsp;&nbsp;&nbsp; NIKE, Inc. Class B (Textiles, Apparel & Luxury <br> Goods)<br>| &nbsp;&nbsp; 23072 | &nbsp;&nbsp; 1218663 |
| &nbsp;&nbsp;&nbsp; Norwegian Cruise Line Holdings Ltd. (Hotels, <br> Restaurants & Leisure)<br>(a) | &nbsp;&nbsp; 8936 | &nbsp;&nbsp; 167103 |
| NVR, Inc. (Household Durables)<br> (a) | &nbsp;&nbsp; 53 | &nbsp;&nbsp; 349261 |
| O'Reilly Automotive, Inc. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 16356 | &nbsp;&nbsp; 1509822 |
| Pool Corp. (Distributors) | &nbsp;&nbsp; 643 | &nbsp;&nbsp; 130098 |
| PulteGroup, Inc. (Household Durables) | &nbsp;&nbsp; 3772 | &nbsp;&nbsp; 443625 |
| &nbsp;&nbsp;&nbsp; Ralph Lauren Corp. (Textiles, Apparel & Luxury <br> Goods)<br>| &nbsp;&nbsp; 759 | &nbsp;&nbsp; 261088 |
| Ross Stores, Inc. (Specialty Retail) | &nbsp;&nbsp; 6279 | &nbsp;&nbsp; 1360220 |
| &nbsp;&nbsp;&nbsp; Royal Caribbean Cruises Ltd. (Hotels, <br> Restaurants & Leisure)<br>| &nbsp;&nbsp; 4883 | &nbsp;&nbsp; 1343704 |
| &nbsp;&nbsp;&nbsp; Starbucks Corp. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 22200 | &nbsp;&nbsp; 1988898 |
| &nbsp;&nbsp;&nbsp; Tapestry, Inc. (Textiles, Apparel & Luxury <br> Goods)<br>| &nbsp;&nbsp; 3974 | &nbsp;&nbsp; 560771 |
| Tesla, Inc. (Automobiles)<br> (a) | &nbsp;&nbsp; 54911 | &nbsp;&nbsp; 20413164 |
| TJX Cos., Inc. / The (Specialty Retail) | &nbsp;&nbsp; 21702 | &nbsp;&nbsp; 3465809 |
| Tractor Supply Co. (Specialty Retail) | &nbsp;&nbsp; 10372 | &nbsp;&nbsp; 469852 |
| Ulta Beauty, Inc. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 871 | &nbsp;&nbsp; 455280 |
| Williams-Sonoma, Inc. (Specialty Retail) | &nbsp;&nbsp; 2343 | &nbsp;&nbsp; 427199 |
| &nbsp;&nbsp;&nbsp; Wynn Resorts Ltd. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 1657 | &nbsp;&nbsp; 168268 |
| &nbsp;&nbsp;&nbsp; Yum! Brands, Inc. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 5450 | &nbsp;&nbsp; 847366 |
|  |  | &nbsp;&nbsp; 107638716 |
| **Consumer Staples–5.2%** |  |  |
| Altria Group, Inc. (Tobacco) | &nbsp;&nbsp; 32673 | &nbsp;&nbsp; 2156091 |
| Archer-Daniels-Midland Co. (Food Products) | &nbsp;&nbsp; 9433 | &nbsp;&nbsp; 685685 |
| Brown-Forman Corp. Class B (Beverages) | &nbsp;&nbsp; 3354 | &nbsp;&nbsp; 88680 |
| Bunge Global SA (Food Products) | &nbsp;&nbsp; 2657 | &nbsp;&nbsp; 337970 |
| Campbell's Company / The (Food Products) | &nbsp;&nbsp; 3862 | &nbsp;&nbsp; 86007 |
| &nbsp;&nbsp;&nbsp; Church & Dwight Co., Inc. <br> (Household Products)<br>| &nbsp;&nbsp; 4646 | &nbsp;&nbsp; 433565 |
| Clorox Co. / The (Household Products) | &nbsp;&nbsp; 2373 | &nbsp;&nbsp; 245914 |
| Coca-Cola Co. / The (Beverages) | &nbsp;&nbsp; 75706 | &nbsp;&nbsp; 5757441 |
| Colgate-Palmolive Co. (Household Products) | &nbsp;&nbsp; 15613 | &nbsp;&nbsp; 1330696 |
| Conagra Brands, Inc. (Food Products) | &nbsp;&nbsp; 9390 | &nbsp;&nbsp; 147611 |
| Constellation Brands, Inc. Class A (Beverages) | &nbsp;&nbsp; 2757 | &nbsp;&nbsp; 413550 |
| &nbsp;&nbsp;&nbsp; Costco Wholesale Corp. (Consumer Staples <br> Distribution & Retail)<br>| &nbsp;&nbsp; 8669 | &nbsp;&nbsp; 8638052 |
| &nbsp;&nbsp;&nbsp; Dollar General Corp. (Consumer Staples <br> Distribution & Retail)<br>| &nbsp;&nbsp; 4321 | &nbsp;&nbsp; 513032 |
| &nbsp;&nbsp;&nbsp; Dollar Tree, Inc. (Consumer Staples <br> Distribution & Retail)<br>(a) | &nbsp;&nbsp; 3630 | &nbsp;&nbsp; 397521 |
| &nbsp;&nbsp;&nbsp; Estee Lauder Cos., Inc. / The Class A (Personal <br> Care Products)<br>| &nbsp;&nbsp; 4853 | &nbsp;&nbsp; 348300 |
| General Mills, Inc. (Food Products) | &nbsp;&nbsp; 10474 | &nbsp;&nbsp; 389842 |
| Hershey Co. / The (Food Products) | &nbsp;&nbsp; 2908 | &nbsp;&nbsp; 604544 |
| Hormel Foods Corp. (Food Products) | &nbsp;&nbsp; 5723 | &nbsp;&nbsp; 129626 |
| J. M. Smucker Co. / The (Food Products) | &nbsp;&nbsp; 2094 | &nbsp;&nbsp; 201945 |
| Kenvue, Inc. (Personal Care Products) | &nbsp;&nbsp; 37609 | &nbsp;&nbsp; 648379 |
| Keurig Dr Pepper, Inc. (Beverages) | &nbsp;&nbsp; 26668 | &nbsp;&nbsp; 702169 |
| Kimberly-Clark Corp. (Household Products) | &nbsp;&nbsp; 6515 | &nbsp;&nbsp; 628502 |
| Kraft Heinz Co. / The (Food Products) | &nbsp;&nbsp; 16730 | &nbsp;&nbsp; 376258 |
| &nbsp;&nbsp;&nbsp; Kroger Co. / The (Consumer Staples <br> Distribution & Retail)<br>| &nbsp;&nbsp; 11428 | &nbsp;&nbsp; 826930 |
| McCormick & Co., Inc. (Food Products) | &nbsp;&nbsp; 4978 | &nbsp;&nbsp; 251090 |
| &nbsp;&nbsp;&nbsp; Molson Coors Beverage Co. Class B <br> (Beverages)<br>| &nbsp;&nbsp; 3323 | &nbsp;&nbsp; 143088 |
| &nbsp;&nbsp;&nbsp; Mondelez International, Inc. Class A <br> (Food Products)<br>| &nbsp;&nbsp; 24899 | &nbsp;&nbsp; 1435178 |
| Monster Beverage Corp. (Beverages)<br> (a) | &nbsp;&nbsp; 13795 | &nbsp;&nbsp; 999586 |
| PepsiCo, Inc. (Beverages) | &nbsp;&nbsp; 26685 | &nbsp;&nbsp; 4143914 |
| Philip Morris International, Inc. (Tobacco) | &nbsp;&nbsp; 30361 | &nbsp;&nbsp; 5019888 |
| &nbsp;&nbsp;&nbsp; Procter & Gamble Co. / The <br> (Household Products)<br>| &nbsp;&nbsp; 45445 | &nbsp;&nbsp; 6564076 |
| &nbsp;&nbsp;&nbsp; Sysco Corp. (Consumer Staples Distribution & <br> Retail)<br>| &nbsp;&nbsp; 9401 | &nbsp;&nbsp; 670573 |
| &nbsp;&nbsp;&nbsp; Target Corp. (Consumer Staples Distribution & <br> Retail)<br>| &nbsp;&nbsp; 8759 | &nbsp;&nbsp; 1061591 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP S&P 500**<sup>®</sup> **Index Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Consumer Staples (continued)** |  |  |
| Tyson Foods, Inc. Class A (Food Products) | &nbsp;&nbsp; 5537 | &nbsp;&nbsp; $354756 |
| &nbsp;&nbsp;&nbsp; Walmart, Inc. (Consumer Staples Distribution <br> & Retail)<br>| &nbsp;&nbsp; 85611 | &nbsp;&nbsp; 10639735 |
|  |  | &nbsp;&nbsp; 57371785 |
| **Energy–4.0%** |  |  |
| APA Corp. (Oil, Gas & Consumable Fuels) | &nbsp;&nbsp; 6962 | &nbsp;&nbsp; 295467 |
| Baker Hughes Co. (Energy Equip. & Svs.) | &nbsp;&nbsp; 19162 | &nbsp;&nbsp; 1169840 |
| Chevron Corp. (Oil, Gas & Consumable Fuels) | &nbsp;&nbsp; 36646 | &nbsp;&nbsp; 7582057 |
| ConocoPhillips (Oil, Gas & Consumable Fuels) | &nbsp;&nbsp; 23926 | &nbsp;&nbsp; 3158232 |
| &nbsp;&nbsp;&nbsp; Coterra Energy, Inc. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 14891 | &nbsp;&nbsp; 523270 |
| &nbsp;&nbsp;&nbsp; Devon Energy Corp. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 12175 | &nbsp;&nbsp; 612646 |
| &nbsp;&nbsp;&nbsp; Diamondback Energy, Inc. (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 3789 | &nbsp;&nbsp; 749426 |
| &nbsp;&nbsp;&nbsp; EOG Resources, Inc. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 10546 | &nbsp;&nbsp; 1524635 |
| EQT Corp. (Oil, Gas & Consumable Fuels) | &nbsp;&nbsp; 12250 | &nbsp;&nbsp; 779590 |
| &nbsp;&nbsp;&nbsp; Expand Energy Corp. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 4675 | &nbsp;&nbsp; 513222 |
| &nbsp;&nbsp;&nbsp; Exxon Mobil Corp. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 81646 | &nbsp;&nbsp; 13852060 |
| Halliburton Co. (Energy Equip. & Svs.) | &nbsp;&nbsp; 16440 | &nbsp;&nbsp; 640996 |
| &nbsp;&nbsp;&nbsp; Kinder Morgan, Inc. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 37987 | &nbsp;&nbsp; 1273704 |
| &nbsp;&nbsp;&nbsp; Marathon Petroleum Corp. (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 5729 | &nbsp;&nbsp; 1398907 |
| &nbsp;&nbsp;&nbsp; Occidental Petroleum Corp. (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 14117 | &nbsp;&nbsp; 917605 |
| ONEOK, Inc. (Oil, Gas & Consumable Fuels) | &nbsp;&nbsp; 12186 | &nbsp;&nbsp; 1101493 |
| Phillips 66 (Oil, Gas & Consumable Fuels) | &nbsp;&nbsp; 7828 | &nbsp;&nbsp; 1426105 |
| SLB Ltd. (Energy Equip. & Svs.) | &nbsp;&nbsp; 29055 | &nbsp;&nbsp; 1493136 |
| &nbsp;&nbsp;&nbsp; Targa Resources Corp. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 4214 | &nbsp;&nbsp; 1056576 |
| &nbsp;&nbsp;&nbsp; Texas Pacific Land Corp. (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 1137 | &nbsp;&nbsp; 539575 |
| &nbsp;&nbsp;&nbsp; Valero Energy Corp. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 5925 | &nbsp;&nbsp; 1463949 |
| &nbsp;&nbsp;&nbsp; Williams Cos., Inc. / The (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 23770 | &nbsp;&nbsp; 1729981 |
|  |  | &nbsp;&nbsp; 43802472 |
| **Financials–12.4%** |  |  |
| Aflac, Inc. (Insurance) | &nbsp;&nbsp; 9022 | &nbsp;&nbsp; 989804 |
| Allstate Corp. / The (Insurance) | &nbsp;&nbsp; 5104 | &nbsp;&nbsp; 1058263 |
| American Express Co. (Consumer Finance) | &nbsp;&nbsp; 10451 | &nbsp;&nbsp; 3161218 |
| &nbsp;&nbsp;&nbsp; American International Group, Inc. <br> (Insurance)<br>| &nbsp;&nbsp; 10532 | &nbsp;&nbsp; 792533 |
| Ameriprise Financial, Inc. (Capital Markets) | &nbsp;&nbsp; 1792 | &nbsp;&nbsp; 796365 |
| Aon PLC Class A (Insurance) | &nbsp;&nbsp; 4210 | &nbsp;&nbsp; 1358904 |
| &nbsp;&nbsp;&nbsp; Apollo Global Management, Inc. <br> (Financial Services)<br>| &nbsp;&nbsp; 8979 | &nbsp;&nbsp; 1000440 |
| Arch Capital Group Ltd. (Insurance)<br> (a) | &nbsp;&nbsp; 7017 | &nbsp;&nbsp; 673562 |
| &nbsp;&nbsp;&nbsp; Ares Management Corp. Class A <br> (Capital Markets)<br>| &nbsp;&nbsp; 4044 | &nbsp;&nbsp; 441200 |
| Arthur J. Gallagher & Co. (Insurance) | &nbsp;&nbsp; 5044 | &nbsp;&nbsp; 1092430 |
| Assurant, Inc. (Insurance) | &nbsp;&nbsp; 983 | &nbsp;&nbsp; 214107 |
| Bank of America Corp. (Banks) | &nbsp;&nbsp; 129611 | &nbsp;&nbsp; 6318536 |
| &nbsp;&nbsp;&nbsp; Bank of New York Mellon Corp. / The <br> (Capital Markets)<br>| &nbsp;&nbsp; 13382 | &nbsp;&nbsp; 1587507 |
| &nbsp;&nbsp;&nbsp; Berkshire Hathaway, Inc. Class B <br> (Financial Services)<br>(a) | &nbsp;&nbsp; 35816 | &nbsp;&nbsp; 17163027 |
| Blackrock, Inc. (Capital Markets) | &nbsp;&nbsp; 2814 | &nbsp;&nbsp; 2706252 |
| Blackstone, Inc. (Capital Markets) | &nbsp;&nbsp; 14557 | &nbsp;&nbsp; 1673909 |
| Block, Inc. (Financial Services)<br> (a) | &nbsp;&nbsp; 10750 | &nbsp;&nbsp; 646935 |
| Brown & Brown, Inc. (Insurance) | &nbsp;&nbsp; 5747 | &nbsp;&nbsp; 374762 |
| &nbsp;&nbsp;&nbsp; Capital One Financial Corp. <br> (Consumer Finance)<br>| &nbsp;&nbsp; 12158 | &nbsp;&nbsp; 2217984 |
| CBOE Global Markets, Inc. (Capital Markets) | &nbsp;&nbsp; 2054 | &nbsp;&nbsp; 577318 |
| Charles Schwab Corp. / The (Capital Markets) | &nbsp;&nbsp; 32588 | &nbsp;&nbsp; 3062620 |
| Chubb Ltd. (Insurance) | &nbsp;&nbsp; 7092 | &nbsp;&nbsp; 2311496 |
| Cincinnati Financial Corp. (Insurance) | &nbsp;&nbsp; 3062 | &nbsp;&nbsp; 481806 |
| Citigroup, Inc. (Banks) | &nbsp;&nbsp; 34091 | &nbsp;&nbsp; 3866260 |
| Citizens Financial Group, Inc. (Banks) | &nbsp;&nbsp; 8342 | &nbsp;&nbsp; 500270 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Financials (continued)** |  |  |
| CME Group, Inc. (Capital Markets) | &nbsp;&nbsp; 7028 | &nbsp;&nbsp; $2075720 |
| &nbsp;&nbsp;&nbsp; Coinbase Global, Inc. Class A <br> (Capital Markets)<br>(a) | &nbsp;&nbsp; 4378 | &nbsp;&nbsp; 764443 |
| Corpay, Inc. (Financial Services)<br> (a) | &nbsp;&nbsp; 1373 | &nbsp;&nbsp; 399529 |
| Erie Indemnity Co. Class A (Insurance) | &nbsp;&nbsp; 499 | &nbsp;&nbsp; 125404 |
| Everest Group Ltd. (Insurance) | &nbsp;&nbsp; 799 | &nbsp;&nbsp; 261153 |
| &nbsp;&nbsp;&nbsp; FactSet Research Systems, Inc. <br> (Capital Markets)<br>| &nbsp;&nbsp; 728 | &nbsp;&nbsp; 157969 |
| &nbsp;&nbsp;&nbsp; Fidelity National Information Services, Inc. <br> (Financial Services)<br>| &nbsp;&nbsp; 10165 | &nbsp;&nbsp; 476840 |
| Fifth Third Bancorp (Banks) | &nbsp;&nbsp; 17341 | &nbsp;&nbsp; 805663 |
| Fiserv, Inc. (Financial Services)<br> (a) | &nbsp;&nbsp; 10557 | &nbsp;&nbsp; 589081 |
| Franklin Resources, Inc. (Capital Markets) | &nbsp;&nbsp; 6031 | &nbsp;&nbsp; 142452 |
| Global Payments, Inc. (Financial Services) | &nbsp;&nbsp; 4671 | &nbsp;&nbsp; 314358 |
| Globe Life, Inc. (Insurance) | &nbsp;&nbsp; 1563 | &nbsp;&nbsp; 217523 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group, Inc. / The <br> (Capital Markets)<br>| &nbsp;&nbsp; 5848 | &nbsp;&nbsp; 4947350 |
| &nbsp;&nbsp;&nbsp; Hartford Insurance Group, Inc. / The <br> (Insurance)<br>| &nbsp;&nbsp; 5474 | &nbsp;&nbsp; 740249 |
| Huntington Bancshares, Inc. (Banks) | &nbsp;&nbsp; 39843 | &nbsp;&nbsp; 623543 |
| &nbsp;&nbsp;&nbsp; Interactive Brokers Group, Inc. Class A <br> (Capital Markets)<br>| &nbsp;&nbsp; 8742 | &nbsp;&nbsp; 586326 |
| &nbsp;&nbsp;&nbsp; Intercontinental Exchange, Inc. <br> (Capital Markets)<br>| &nbsp;&nbsp; 11051 | &nbsp;&nbsp; 1738101 |
| Invesco Ltd. (Capital Markets) | &nbsp;&nbsp; 8715 | &nbsp;&nbsp; 211687 |
| &nbsp;&nbsp;&nbsp; Jack Henry & Associates, Inc. <br> (Financial Services)<br>| &nbsp;&nbsp; 1417 | &nbsp;&nbsp; 223943 |
| JPMorgan Chase & Co. (Banks) | &nbsp;&nbsp; 52655 | &nbsp;&nbsp; 15488995 |
| KeyCorp (Banks) | &nbsp;&nbsp; 18393 | &nbsp;&nbsp; 368780 |
| KKR & Co., Inc. (Capital Markets) | &nbsp;&nbsp; 13309 | &nbsp;&nbsp; 1231082 |
| Loews Corp. (Insurance) | &nbsp;&nbsp; 3317 | &nbsp;&nbsp; 354057 |
| M&T Bank Corp. (Banks) | &nbsp;&nbsp; 2980 | &nbsp;&nbsp; 616026 |
| Marsh & McLennan Cos., Inc. (Insurance) | &nbsp;&nbsp; 9404 | &nbsp;&nbsp; 1631124 |
| Mastercard, Inc. Class A (Financial Services) | &nbsp;&nbsp; 15894 | &nbsp;&nbsp; 7941596 |
| MetLife, Inc. (Insurance) | &nbsp;&nbsp; 10805 | &nbsp;&nbsp; 764130 |
| Moody's Corp. (Capital Markets) | &nbsp;&nbsp; 2977 | &nbsp;&nbsp; 1298716 |
| Morgan Stanley (Capital Markets) | &nbsp;&nbsp; 23468 | &nbsp;&nbsp; 3862129 |
| MSCI, Inc. (Capital Markets) | &nbsp;&nbsp; 1442 | &nbsp;&nbsp; 777252 |
| Nasdaq, Inc. (Capital Markets) | &nbsp;&nbsp; 8815 | &nbsp;&nbsp; 748305 |
| Northern Trust Corp. (Capital Markets) | &nbsp;&nbsp; 3658 | &nbsp;&nbsp; 510547 |
| PayPal Holdings, Inc. (Financial Services) | &nbsp;&nbsp; 17733 | &nbsp;&nbsp; 802064 |
| &nbsp;&nbsp;&nbsp; PNC Financial Services Group, Inc. / The <br> (Banks)<br>| &nbsp;&nbsp; 7855 | &nbsp;&nbsp; 1634547 |
| Principal Financial Group, Inc. (Insurance) | &nbsp;&nbsp; 3883 | &nbsp;&nbsp; 349897 |
| Progressive Corp. / The (Insurance) | &nbsp;&nbsp; 11410 | &nbsp;&nbsp; 2261918 |
| Prudential Financial, Inc. (Insurance) | &nbsp;&nbsp; 6831 | &nbsp;&nbsp; 667320 |
| &nbsp;&nbsp;&nbsp; Raymond James Financial, Inc. <br> (Capital Markets)<br>| &nbsp;&nbsp; 3443 | &nbsp;&nbsp; 498512 |
| Regions Financial Corp. (Banks) | &nbsp;&nbsp; 17038 | &nbsp;&nbsp; 445033 |
| &nbsp;&nbsp;&nbsp; Robinhood Markets, Inc. Class A <br> (Capital Markets)<br>(a) | &nbsp;&nbsp; 15513 | &nbsp;&nbsp; 1075051 |
| S&P Global, Inc. (Capital Markets) | &nbsp;&nbsp; 5963 | &nbsp;&nbsp; 2536302 |
| State Street Corp. (Capital Markets) | &nbsp;&nbsp; 5478 | &nbsp;&nbsp; 693296 |
| Synchrony Financial (Consumer Finance) | &nbsp;&nbsp; 6823 | &nbsp;&nbsp; 464100 |
| T. Rowe Price Group, Inc. (Capital Markets) | &nbsp;&nbsp; 4291 | &nbsp;&nbsp; 386791 |
| Travelers Cos., Inc. / The (Insurance) | &nbsp;&nbsp; 4190 | &nbsp;&nbsp; 1222139 |
| Truist Financial Corp. (Banks) | &nbsp;&nbsp; 24450 | &nbsp;&nbsp; 1123966 |
| U.S. Bancorp (Banks) | &nbsp;&nbsp; 30224 | &nbsp;&nbsp; 1571950 |
| Visa, Inc. (Financial Services) | &nbsp;&nbsp; 32823 | &nbsp;&nbsp; 9920423 |
| W. R. Berkley Corp. (Insurance) | &nbsp;&nbsp; 5848 | &nbsp;&nbsp; 387605 |
| Wells Fargo & Co. (Banks) | &nbsp;&nbsp; 60375 | &nbsp;&nbsp; 4806454 |
| Willis Towers Watson PLC (Insurance) | &nbsp;&nbsp; 1866 | &nbsp;&nbsp; 542446 |
|  |  | &nbsp;&nbsp; 137451395 |
| **Health Care–9.4%** |  |  |
| &nbsp;&nbsp;&nbsp; Abbott Laboratories (Health Care Equip. & <br> Supplies)<br>| &nbsp;&nbsp; 33912 | &nbsp;&nbsp; 3481745 |
| AbbVie, Inc. (Biotechnology) | &nbsp;&nbsp; 34520 | &nbsp;&nbsp; 7507755 |
| &nbsp;&nbsp;&nbsp; Agilent Technologies, Inc. (Life Sciences Tools <br> & Svs.)<br>| &nbsp;&nbsp; 5552 | &nbsp;&nbsp; 632817 |
| &nbsp;&nbsp;&nbsp; Align Technology, Inc. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 1310 | &nbsp;&nbsp; 224573 |
| Amgen, Inc. (Biotechnology) | &nbsp;&nbsp; 10516 | &nbsp;&nbsp; 3700055 |
| &nbsp;&nbsp;&nbsp; Baxter International, Inc. (Health Care Equip. & <br> Supplies)<br>| &nbsp;&nbsp; 10099 | &nbsp;&nbsp; 169663 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP S&P 500**<sup>®</sup> **Index Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Health Care (continued)** |  |  |
| &nbsp;&nbsp;&nbsp; Becton Dickinson & Co. (Health Care Equip. & <br> Supplies)<br>| &nbsp;&nbsp; 5589 | &nbsp;&nbsp; $878758 |
| Biogen, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 2881 | &nbsp;&nbsp; 528174 |
| Bio-Techne Corp. (Life Sciences Tools & Svs.) | &nbsp;&nbsp; 3071 | &nbsp;&nbsp; 160490 |
| &nbsp;&nbsp;&nbsp; Boston Scientific Corp. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 28843 | &nbsp;&nbsp; 1809898 |
| Bristol-Myers Squibb Co. (Pharmaceuticals) | &nbsp;&nbsp; 39713 | &nbsp;&nbsp; 2408593 |
| &nbsp;&nbsp;&nbsp; Cardinal Health, Inc. (Health Care Providers & <br> Svs.)<br>| &nbsp;&nbsp; 4619 | &nbsp;&nbsp; 976041 |
| Cencora, Inc. (Health Care Providers & Svs.) | &nbsp;&nbsp; 3818 | &nbsp;&nbsp; 1199387 |
| Centene Corp. (Health Care Providers & Svs.)<br> (a) | &nbsp;&nbsp; 9170 | &nbsp;&nbsp; 300226 |
| &nbsp;&nbsp;&nbsp; Charles River Laboratories International, Inc. <br> (Life Sciences Tools & Svs.)<br>(a) | &nbsp;&nbsp; 966 | &nbsp;&nbsp; 166635 |
| &nbsp;&nbsp;&nbsp; Cigna Group / The (Health Care Providers & <br> Svs.)<br>| &nbsp;&nbsp; 5115 | &nbsp;&nbsp; 1364426 |
| &nbsp;&nbsp;&nbsp; Cooper Cos., Inc. / The (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 3847 | &nbsp;&nbsp; 275061 |
| &nbsp;&nbsp;&nbsp; CVS Health Corp. (Health Care Providers & <br> Svs.)<br>| &nbsp;&nbsp; 24766 | &nbsp;&nbsp; 1778694 |
| Danaher Corp. (Life Sciences Tools & Svs.) | &nbsp;&nbsp; 12239 | &nbsp;&nbsp; 2320514 |
| DaVita, Inc. (Health Care Providers & Svs.)<br> (a) | &nbsp;&nbsp; 656 | &nbsp;&nbsp; 100821 |
| Dexcom, Inc. (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 7554 | &nbsp;&nbsp; 474391 |
| &nbsp;&nbsp;&nbsp; Edwards Lifesciences Corp. (Health Care <br> Equip. & Supplies)<br>(a) | &nbsp;&nbsp; 11391 | &nbsp;&nbsp; 912191 |
| &nbsp;&nbsp;&nbsp; Elevance Health, Inc. (Health Care Providers & <br> Svs.)<br>| &nbsp;&nbsp; 4280 | &nbsp;&nbsp; 1252970 |
| Eli Lilly & Co. (Pharmaceuticals) | &nbsp;&nbsp; 15469 | &nbsp;&nbsp; 14227922 |
| &nbsp;&nbsp;&nbsp; GE HealthCare Technologies, Inc. (Health Care <br> Equip. & Supplies)<br>| &nbsp;&nbsp; 8946 | &nbsp;&nbsp; 636776 |
| Gilead Sciences, Inc. (Biotechnology) | &nbsp;&nbsp; 24227 | &nbsp;&nbsp; 3376517 |
| &nbsp;&nbsp;&nbsp; HCA Healthcare, Inc. (Health Care Providers & <br> Svs.)<br>| &nbsp;&nbsp; 3042 | &nbsp;&nbsp; 1439596 |
| &nbsp;&nbsp;&nbsp; Henry Schein, Inc. (Health Care Providers & <br> Svs.)<br>(a) | &nbsp;&nbsp; 1964 | &nbsp;&nbsp; 144747 |
| Hologic, Inc. (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 4369 | &nbsp;&nbsp; 330253 |
| Humana, Inc. (Health Care Providers & Svs.) | &nbsp;&nbsp; 2367 | &nbsp;&nbsp; 410414 |
| &nbsp;&nbsp;&nbsp; IDEXX Laboratories, Inc. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 1567 | &nbsp;&nbsp; 880482 |
| Incyte Corp. (Biotechnology)<br> (a) | &nbsp;&nbsp; 3281 | &nbsp;&nbsp; 308808 |
| Insulet Corp. (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 1381 | &nbsp;&nbsp; 289789 |
| &nbsp;&nbsp;&nbsp; Intuitive Surgical, Inc. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 6923 | &nbsp;&nbsp; 3191434 |
| &nbsp;&nbsp;&nbsp; IQVIA Holdings, Inc. (Life Sciences Tools & <br> Svs.)<br>(a) | &nbsp;&nbsp; 3329 | &nbsp;&nbsp; 567728 |
| Johnson & Johnson (Pharmaceuticals) | &nbsp;&nbsp; 47075 | &nbsp;&nbsp; 11507013 |
| &nbsp;&nbsp;&nbsp; Labcorp Holdings, Inc. (Health Care Providers <br> & Svs.)<br>| &nbsp;&nbsp; 1627 | &nbsp;&nbsp; 434100 |
| &nbsp;&nbsp;&nbsp; McKesson Corp. (Health Care Providers & <br> Svs.)<br>| &nbsp;&nbsp; 2387 | &nbsp;&nbsp; 2065614 |
| &nbsp;&nbsp;&nbsp; Medtronic PLC (Health Care Equip. & <br> Supplies)<br>| &nbsp;&nbsp; 24986 | &nbsp;&nbsp; 2165037 |
| Merck & Co., Inc. (Pharmaceuticals) | &nbsp;&nbsp; 48455 | &nbsp;&nbsp; 5828652 |
| &nbsp;&nbsp;&nbsp; Mettler-Toledo International, Inc. (Life <br> Sciences Tools & Svs.)<br>(a) | &nbsp;&nbsp; 399 | &nbsp;&nbsp; 503219 |
| Moderna, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 6826 | &nbsp;&nbsp; 346761 |
| Pfizer, Inc. (Pharmaceuticals) | &nbsp;&nbsp; 110991 | &nbsp;&nbsp; 3116627 |
| &nbsp;&nbsp;&nbsp; Quest Diagnostics, Inc. (Health Care Providers <br> & Svs.)<br>| &nbsp;&nbsp; 2159 | &nbsp;&nbsp; 423121 |
| &nbsp;&nbsp;&nbsp; Regeneron Pharmaceuticals, Inc. <br> (Biotechnology)<br>| &nbsp;&nbsp; 1959 | &nbsp;&nbsp; 1513602 |
| ResMed, Inc. (Health Care Equip. & Supplies) | &nbsp;&nbsp; 2859 | &nbsp;&nbsp; 641788 |
| Revvity, Inc. (Life Sciences Tools & Svs.) | &nbsp;&nbsp; 2225 | &nbsp;&nbsp; 194932 |
| &nbsp;&nbsp;&nbsp; Solventum Corp. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 2894 | &nbsp;&nbsp; 188978 |
| STERIS PLC (Health Care Equip. & Supplies) | &nbsp;&nbsp; 1925 | &nbsp;&nbsp; 425675 |
| Stryker Corp. (Health Care Equip. & Supplies) | &nbsp;&nbsp; 6708 | &nbsp;&nbsp; 2204182 |
| &nbsp;&nbsp;&nbsp; Thermo Fisher Scientific, Inc. (Life Sciences <br> Tools & Svs.)<br>| &nbsp;&nbsp; 7316 | &nbsp;&nbsp; 3596033 |
| &nbsp;&nbsp;&nbsp; UnitedHealth Group, Inc. (Health Care <br> Providers & Svs.)<br>| &nbsp;&nbsp; 17680 | &nbsp;&nbsp; 4784031 |
| &nbsp;&nbsp;&nbsp; Universal Health Services, Inc. Class B (Health <br> Care Providers & Svs.)<br>| &nbsp;&nbsp; 1084 | &nbsp;&nbsp; 194003 |
| Vertex Pharmaceuticals, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 4953 | &nbsp;&nbsp; 2211713 |
| Viatris, Inc. (Pharmaceuticals) | &nbsp;&nbsp; 22608 | &nbsp;&nbsp; 305434 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Health Care (continued)** |  |  |
| Waters Corp. (Life Sciences Tools & Svs.)<br> (a) | &nbsp;&nbsp; 1925 | &nbsp;&nbsp; $573265 |
| &nbsp;&nbsp;&nbsp; West Pharmaceutical Services, Inc. (Life <br> Sciences Tools & Svs.)<br>| &nbsp;&nbsp; 1412 | &nbsp;&nbsp; 353904 |
| &nbsp;&nbsp;&nbsp; Zimmer Biomet Holdings, Inc. (Health Care <br> Equip. & Supplies)<br>| &nbsp;&nbsp; 3890 | &nbsp;&nbsp; 351734 |
| Zoetis, Inc. (Pharmaceuticals) | &nbsp;&nbsp; 8157 | &nbsp;&nbsp; 964239 |
|  |  | &nbsp;&nbsp; 103322001 |
| **Industrials–8.9%** |  |  |
| 3M Co. (Industrial Conglomerates) | &nbsp;&nbsp; 10237 | &nbsp;&nbsp; 1486720 |
| A. O. Smith Corp. (Building Products) | &nbsp;&nbsp; 2207 | &nbsp;&nbsp; 145530 |
| Allegion PLC (Building Products) | &nbsp;&nbsp; 1689 | &nbsp;&nbsp; 245395 |
| AMETEK, Inc. (Electrical Equip.) | &nbsp;&nbsp; 4519 | &nbsp;&nbsp; 968693 |
| &nbsp;&nbsp;&nbsp; Automatic Data Processing, Inc. <br> (Professional Svs.)<br>| &nbsp;&nbsp; 7803 | &nbsp;&nbsp; 1585414 |
| Axon Enterprise, Inc. (Aerospace & Defense)<br> (a) | &nbsp;&nbsp; 1549 | &nbsp;&nbsp; 657845 |
| Boeing Co. / The (Aerospace & Defense)<br> (a) | &nbsp;&nbsp; 15324 | &nbsp;&nbsp; 3049936 |
| &nbsp;&nbsp;&nbsp; Broadridge Financial Solutions, Inc. <br> (Professional Svs.)<br>| &nbsp;&nbsp; 2292 | &nbsp;&nbsp; 372404 |
| Builders FirstSource, Inc. (Building Products)<br> (a) | &nbsp;&nbsp; 2171 | &nbsp;&nbsp; 178738 |
| &nbsp;&nbsp;&nbsp; C.H. Robinson Worldwide, Inc. (Air Freight & <br> Logistics)<br>| &nbsp;&nbsp; 2328 | &nbsp;&nbsp; 386611 |
| Carrier Global Corp. (Building Products) | &nbsp;&nbsp; 15166 | &nbsp;&nbsp; 853997 |
| Caterpillar, Inc. (Machinery) | &nbsp;&nbsp; 9090 | &nbsp;&nbsp; 6439901 |
| Cintas Corp. (Commercial Svs. & Supplies) | &nbsp;&nbsp; 6588 | &nbsp;&nbsp; 1114294 |
| &nbsp;&nbsp;&nbsp; Comfort Systems U.S.A., Inc. (Construction & <br> Engineering)<br>| &nbsp;&nbsp; 691 | &nbsp;&nbsp; 952882 |
| Copart, Inc. (Commercial Svs. & Supplies)<br> (a) | &nbsp;&nbsp; 17481 | &nbsp;&nbsp; 580369 |
| CSX Corp. (Ground Transportation) | &nbsp;&nbsp; 36115 | &nbsp;&nbsp; 1482521 |
| Cummins, Inc. (Machinery) | &nbsp;&nbsp; 2685 | &nbsp;&nbsp; 1444584 |
| Deere & Co. (Machinery) | &nbsp;&nbsp; 4922 | &nbsp;&nbsp; 2772563 |
| Delta Air Lines, Inc. (Passenger Airlines) | &nbsp;&nbsp; 12750 | &nbsp;&nbsp; 847620 |
| Dover Corp. (Machinery) | &nbsp;&nbsp; 2647 | &nbsp;&nbsp; 551767 |
| Eaton Corp. PLC (Electrical Equip.) | &nbsp;&nbsp; 7584 | &nbsp;&nbsp; 2712569 |
| &nbsp;&nbsp;&nbsp; EMCOR Group, Inc. (Construction & <br> Engineering)<br>| &nbsp;&nbsp; 879 | &nbsp;&nbsp; 648975 |
| Emerson Electric Co. (Electrical Equip.) | &nbsp;&nbsp; 10916 | &nbsp;&nbsp; 1430214 |
| Equifax, Inc. (Professional Svs.) | &nbsp;&nbsp; 2363 | &nbsp;&nbsp; 425505 |
| &nbsp;&nbsp;&nbsp; Expeditors International of Washington, Inc. <br> (Air Freight & Logistics)<br>| &nbsp;&nbsp; 2631 | &nbsp;&nbsp; 376838 |
| &nbsp;&nbsp;&nbsp; Fastenal Co. (Trading Companies & <br> Distributors)<br>| &nbsp;&nbsp; 22204 | &nbsp;&nbsp; 1030266 |
| FedEx Corp. (Air Freight & Logistics) | &nbsp;&nbsp; 4204 | &nbsp;&nbsp; 1497381 |
| Fortive Corp. (Machinery) | &nbsp;&nbsp; 6152 | &nbsp;&nbsp; 340083 |
| GE Vernova, Inc. (Electrical Equip.) | &nbsp;&nbsp; 5260 | &nbsp;&nbsp; 4591454 |
| Generac Holdings, Inc. (Electrical Equip.)<br> (a) | &nbsp;&nbsp; 1152 | &nbsp;&nbsp; 225020 |
| &nbsp;&nbsp;&nbsp; General Dynamics Corp. (Aerospace & <br> Defense)<br>| &nbsp;&nbsp; 4938 | &nbsp;&nbsp; 1694820 |
| &nbsp;&nbsp;&nbsp; General Electric Co. (Operating as "GE <br> Aerospace") (Aerospace & Defense)<br>| &nbsp;&nbsp; 20475 | &nbsp;&nbsp; 5810191 |
| &nbsp;&nbsp;&nbsp; Honeywell International, Inc. <br> (Industrial Conglomerates)<br>| &nbsp;&nbsp; 12392 | &nbsp;&nbsp; 2800964 |
| &nbsp;&nbsp;&nbsp; Howmet Aerospace, Inc. (Aerospace & <br> Defense)<br>| &nbsp;&nbsp; 7807 | &nbsp;&nbsp; 1799201 |
| Hubbell, Inc. (Electrical Equip.) | &nbsp;&nbsp; 1043 | &nbsp;&nbsp; 511842 |
| &nbsp;&nbsp;&nbsp; Huntington Ingalls Industries, Inc. (Aerospace <br> & Defense)<br>| &nbsp;&nbsp; 770 | &nbsp;&nbsp; 292523 |
| IDEX Corp. (Machinery) | &nbsp;&nbsp; 1469 | &nbsp;&nbsp; 278449 |
| Illinois Tool Works, Inc. (Machinery) | &nbsp;&nbsp; 5091 | &nbsp;&nbsp; 1325136 |
| Ingersoll Rand, Inc. (Machinery) | &nbsp;&nbsp; 6986 | &nbsp;&nbsp; 559718 |
| &nbsp;&nbsp;&nbsp; J.B. Hunt Transport Services, Inc. <br> (Ground Transportation)<br>| &nbsp;&nbsp; 1467 | &nbsp;&nbsp; 310857 |
| Jacobs Solutions, Inc. (Professional Svs.) | &nbsp;&nbsp; 2305 | &nbsp;&nbsp; 293380 |
| &nbsp;&nbsp;&nbsp; Johnson Controls International PLC <br> (Building Products)<br>| &nbsp;&nbsp; 11904 | &nbsp;&nbsp; 1558829 |
| &nbsp;&nbsp;&nbsp; L3Harris Technologies, Inc. (Aerospace & <br> Defense)<br>| &nbsp;&nbsp; 3666 | &nbsp;&nbsp; 1265320 |
| Leidos Holdings, Inc. (Professional Svs.) | &nbsp;&nbsp; 2510 | &nbsp;&nbsp; 390355 |
| Lennox International, Inc. (Building Products) | &nbsp;&nbsp; 626 | &nbsp;&nbsp; 290545 |
| &nbsp;&nbsp;&nbsp; Lockheed Martin Corp. (Aerospace & <br> Defense)<br>| &nbsp;&nbsp; 3949 | &nbsp;&nbsp; 2386736 |
| Masco Corp. (Building Products) | &nbsp;&nbsp; 3997 | &nbsp;&nbsp; 241299 |
| Nordson Corp. (Machinery) | &nbsp;&nbsp; 1039 | &nbsp;&nbsp; 276436 |
| &nbsp;&nbsp;&nbsp; Norfolk Southern Corp. <br> (Ground Transportation)<br>| &nbsp;&nbsp; 4355 | &nbsp;&nbsp; 1249885 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP S&P 500**<sup>®</sup> **Index Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Industrials (continued)** |  |  |
| &nbsp;&nbsp;&nbsp; Northrop Grumman Corp. (Aerospace & <br> Defense)<br>| &nbsp;&nbsp; 2597 | &nbsp;&nbsp; $1771777 |
| &nbsp;&nbsp;&nbsp; Old Dominion Freight Line, Inc. <br> (Ground Transportation)<br>| &nbsp;&nbsp; 3612 | &nbsp;&nbsp; 705785 |
| Otis Worldwide Corp. (Machinery) | &nbsp;&nbsp; 7630 | &nbsp;&nbsp; 588120 |
| PACCAR, Inc. (Machinery) | &nbsp;&nbsp; 10183 | &nbsp;&nbsp; 1176137 |
| Parker-Hannifin Corp. (Machinery) | &nbsp;&nbsp; 2461 | &nbsp;&nbsp; 2203186 |
| Paychex, Inc. (Professional Svs.) | &nbsp;&nbsp; 6342 | &nbsp;&nbsp; 584225 |
| Pentair PLC (Machinery) | &nbsp;&nbsp; 3212 | &nbsp;&nbsp; 279797 |
| &nbsp;&nbsp;&nbsp; Quanta Services, Inc. (Construction & <br> Engineering)<br>| &nbsp;&nbsp; 2901 | &nbsp;&nbsp; 1592707 |
| &nbsp;&nbsp;&nbsp; Republic Services, Inc. (Commercial Svs. & <br> Supplies)<br>| &nbsp;&nbsp; 3950 | &nbsp;&nbsp; 865129 |
| Rockwell Automation, Inc. (Electrical Equip.) | &nbsp;&nbsp; 2205 | &nbsp;&nbsp; 791330 |
| Rollins, Inc. (Commercial Svs. & Supplies) | &nbsp;&nbsp; 5760 | &nbsp;&nbsp; 307642 |
| RTX Corp. (Aerospace & Defense) | &nbsp;&nbsp; 26215 | &nbsp;&nbsp; 5056874 |
| Snap-on, Inc. (Machinery) | &nbsp;&nbsp; 1019 | &nbsp;&nbsp; 370121 |
| Southwest Airlines Co. (Passenger Airlines) | &nbsp;&nbsp; 9644 | &nbsp;&nbsp; 362325 |
| Stanley Black & Decker, Inc. (Machinery) | &nbsp;&nbsp; 3040 | &nbsp;&nbsp; 216022 |
| Textron, Inc. (Aerospace & Defense) | &nbsp;&nbsp; 3419 | &nbsp;&nbsp; 299368 |
| Trane Technologies PLC (Building Products) | &nbsp;&nbsp; 4309 | &nbsp;&nbsp; 1795733 |
| TransDigm Group, Inc. (Aerospace & Defense) | &nbsp;&nbsp; 1108 | &nbsp;&nbsp; 1284128 |
| &nbsp;&nbsp;&nbsp; Uber Technologies, Inc. <br> (Ground Transportation)<br>(a) | &nbsp;&nbsp; 40192 | &nbsp;&nbsp; 2891011 |
| Union Pacific Corp. (Ground Transportation) | &nbsp;&nbsp; 11585 | &nbsp;&nbsp; 2810753 |
| &nbsp;&nbsp;&nbsp; United Airlines Holdings, Inc. <br> (Passenger Airlines)<br>(a) | &nbsp;&nbsp; 6349 | &nbsp;&nbsp; 584552 |
| &nbsp;&nbsp;&nbsp; United Parcel Service, Inc. Class B (Air Freight <br> & Logistics)<br>| &nbsp;&nbsp; 14354 | &nbsp;&nbsp; 1412147 |
| &nbsp;&nbsp;&nbsp; United Rentals, Inc. (Trading Companies & <br> Distributors)<br>| &nbsp;&nbsp; 1217 | &nbsp;&nbsp; 886658 |
| Veralto Corp. (Commercial Svs. & Supplies) | &nbsp;&nbsp; 4874 | &nbsp;&nbsp; 430959 |
| Verisk Analytics, Inc. (Professional Svs.) | &nbsp;&nbsp; 2736 | &nbsp;&nbsp; 519156 |
| Vertiv Holdings Co. Class A (Electrical Equip.) | &nbsp;&nbsp; 7454 | &nbsp;&nbsp; 1867823 |
| &nbsp;&nbsp;&nbsp; W.W. Grainger, Inc. (Trading Companies & <br> Distributors)<br>| &nbsp;&nbsp; 845 | &nbsp;&nbsp; 921734 |
| &nbsp;&nbsp;&nbsp; Waste Management, Inc. (Commercial Svs. & <br> Supplies)<br>| &nbsp;&nbsp; 7217 | &nbsp;&nbsp; 1658394 |
| &nbsp;&nbsp;&nbsp; Westinghouse Air Brake Technologies Corp. <br> (Machinery)<br>| &nbsp;&nbsp; 3347 | &nbsp;&nbsp; 836449 |
| Xylem, Inc. (Machinery) | &nbsp;&nbsp; 4782 | &nbsp;&nbsp; 571449 |
|  |  | &nbsp;&nbsp; 98374066 |
| **Information Technology–32.5%** |  |  |
| Accenture PLC Class A (IT Svs.) | &nbsp;&nbsp; 11986 | &nbsp;&nbsp; 2376704 |
| Adobe, Inc. (Software)<br> (a) | &nbsp;&nbsp; 7993 | &nbsp;&nbsp; 1942938 |
| &nbsp;&nbsp;&nbsp; Advanced Micro Devices, Inc. <br> (Semiconductors & Equip.)<br>(a) | &nbsp;&nbsp; 31821 | &nbsp;&nbsp; 6473346 |
| Akamai Technologies, Inc. (IT Svs.)<br> (a) | &nbsp;&nbsp; 2824 | &nbsp;&nbsp; 324336 |
| &nbsp;&nbsp;&nbsp; Amphenol Corp. Class A (Electronic Equip., <br> Instr. & Comp.)<br>| &nbsp;&nbsp; 23977 | &nbsp;&nbsp; 3029494 |
| &nbsp;&nbsp;&nbsp; Analog Devices, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 9541 | &nbsp;&nbsp; 3035374 |
| &nbsp;&nbsp;&nbsp; Apple, Inc. (Tech. Hardware, Storage & <br> Periph.)<br>| &nbsp;&nbsp; 286626 | &nbsp;&nbsp; 72742814 |
| &nbsp;&nbsp;&nbsp; Applied Materials, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 15490 | &nbsp;&nbsp; 5294327 |
| AppLovin Corp. Class A (Software)<br> (a) | &nbsp;&nbsp; 5285 | &nbsp;&nbsp; 2103430 |
| Arista Networks, Inc. (Communications Equip.)<br> (a) | &nbsp;&nbsp; 20140 | &nbsp;&nbsp; 2472789 |
| Autodesk, Inc. (Software)<br> (a) | &nbsp;&nbsp; 4161 | &nbsp;&nbsp; 996143 |
| Broadcom, Inc. (Semiconductors & Equip.) | &nbsp;&nbsp; 92561 | &nbsp;&nbsp; 28648555 |
| Cadence Design Systems, Inc. (Software)<br> (a) | &nbsp;&nbsp; 5290 | &nbsp;&nbsp; 1469932 |
| CDW Corp. (Electronic Equip., Instr. & Comp.) | &nbsp;&nbsp; 2556 | &nbsp;&nbsp; 309327 |
| Ciena Corp. (Communications Equip.)<br> (a) | &nbsp;&nbsp; 2765 | &nbsp;&nbsp; 1073456 |
| Cisco Systems, Inc. (Communications Equip.) | &nbsp;&nbsp; 77133 | &nbsp;&nbsp; 5984750 |
| &nbsp;&nbsp;&nbsp; Cognizant Technology Solutions Corp. Class A <br> (IT Svs.)<br>| &nbsp;&nbsp; 9387 | &nbsp;&nbsp; 575892 |
| &nbsp;&nbsp;&nbsp; Coherent Corp. (Electronic Equip., Instr. & <br> Comp.)<br>(a) | &nbsp;&nbsp; 3680 | &nbsp;&nbsp; 876613 |
| Corning, Inc. (Electronic Equip., Instr. & Comp.) | &nbsp;&nbsp; 15219 | &nbsp;&nbsp; 2069327 |
| Crowdstrike Holdings, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 4910 | &nbsp;&nbsp; 1916913 |
| Datadog, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 6444 | &nbsp;&nbsp; 760714 |
| &nbsp;&nbsp;&nbsp; Dell Technologies, Inc. Class C (Tech. <br> Hardware, Storage & Periph.)<br>| &nbsp;&nbsp; 5833 | &nbsp;&nbsp; 957370 |
| EPAM Systems, Inc. (IT Svs.)<br> (a) | &nbsp;&nbsp; 1084 | &nbsp;&nbsp; 146774 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Information Technology (continued)** |  |  |
| F5, Inc. (Communications Equip.)<br> (a) | &nbsp;&nbsp; 1109 | &nbsp;&nbsp; $320867 |
| Fair Isaac Corp. (Software)<br> (a) | &nbsp;&nbsp; 466 | &nbsp;&nbsp; 497474 |
| First Solar, Inc. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 2106 | &nbsp;&nbsp; 415430 |
| Fortinet, Inc. (Software)<br> (a) | &nbsp;&nbsp; 12407 | &nbsp;&nbsp; 1013900 |
| Gartner, Inc. (IT Svs.)<br> (a) | &nbsp;&nbsp; 1383 | &nbsp;&nbsp; 218984 |
| Gen Digital, Inc. (Software) | &nbsp;&nbsp; 10819 | &nbsp;&nbsp; 203722 |
| GoDaddy, Inc. Class A (IT Svs.)<br> (a) | &nbsp;&nbsp; 2653 | &nbsp;&nbsp; 219324 |
| &nbsp;&nbsp;&nbsp; Hewlett Packard Enterprise Co. (Tech. <br> Hardware, Storage & Periph.)<br>| &nbsp;&nbsp; 26083 | &nbsp;&nbsp; 621036 |
| HP, Inc. (Tech. Hardware, Storage & Periph.) | &nbsp;&nbsp; 18019 | &nbsp;&nbsp; 346145 |
| Intel Corp. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 91626 | &nbsp;&nbsp; 4043455 |
| &nbsp;&nbsp;&nbsp; International Business Machines Corp. <br> (IT Svs.)<br>| &nbsp;&nbsp; 18239 | &nbsp;&nbsp; 4420951 |
| Intuit, Inc. (Software) | &nbsp;&nbsp; 5423 | &nbsp;&nbsp; 2344797 |
| Jabil, Inc. (Electronic Equip., Instr. & Comp.) | &nbsp;&nbsp; 2073 | &nbsp;&nbsp; 550651 |
| &nbsp;&nbsp;&nbsp; Keysight Technologies, Inc. (Electronic Equip., <br> Instr. & Comp.)<br>(a) | &nbsp;&nbsp; 3317 | &nbsp;&nbsp; 936621 |
| KLA Corp. (Semiconductors & Equip.) | &nbsp;&nbsp; 2557 | &nbsp;&nbsp; 3764952 |
| &nbsp;&nbsp;&nbsp; Lam Research Corp. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 24368 | &nbsp;&nbsp; 5206467 |
| &nbsp;&nbsp;&nbsp; Lumentum Holdings, Inc. <br> (Communications Equip.)<br>(a) | &nbsp;&nbsp; 1401 | &nbsp;&nbsp; 984567 |
| &nbsp;&nbsp;&nbsp; Microchip Technology, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 10622 | &nbsp;&nbsp; 686287 |
| &nbsp;&nbsp;&nbsp; Micron Technology, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 21967 | &nbsp;&nbsp; 7421331 |
| Microsoft Corp. (Software) | &nbsp;&nbsp; 144976 | &nbsp;&nbsp; 53665766 |
| &nbsp;&nbsp;&nbsp; Monolithic Power Systems, Inc. <br> (Semiconductors & Equip.)<br>| &nbsp;&nbsp; 956 | &nbsp;&nbsp; 1045243 |
| &nbsp;&nbsp;&nbsp; Motorola Solutions, Inc. <br> (Communications Equip.)<br>| &nbsp;&nbsp; 3219 | &nbsp;&nbsp; 1396949 |
| &nbsp;&nbsp;&nbsp; NetApp, Inc. (Tech. Hardware, Storage & <br> Periph.)<br>| &nbsp;&nbsp; 3888 | &nbsp;&nbsp; 398092 |
| NVIDIA Corp. (Semiconductors & Equip.) | &nbsp;&nbsp; 474395 | &nbsp;&nbsp; 82734487 |
| &nbsp;&nbsp;&nbsp; NXP Semiconductors N.V. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 4864 | &nbsp;&nbsp; 957527 |
| &nbsp;&nbsp;&nbsp; ON Semiconductor Corp. (Semiconductors & <br> Equip.)<br>(a) | &nbsp;&nbsp; 7734 | &nbsp;&nbsp; 478889 |
| Oracle Corp. (Software) | &nbsp;&nbsp; 33089 | &nbsp;&nbsp; 4867723 |
| Palantir Technologies, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 44577 | &nbsp;&nbsp; 6520724 |
| Palo Alto Networks, Inc. (Software)<br> (a) | &nbsp;&nbsp; 15753 | &nbsp;&nbsp; 2525521 |
| PTC, Inc. (Software)<br> (a) | &nbsp;&nbsp; 2336 | &nbsp;&nbsp; 332857 |
| &nbsp;&nbsp;&nbsp; Qnity Electronics, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 4112 | &nbsp;&nbsp; 474443 |
| QUALCOMM, Inc. (Semiconductors & Equip.) | &nbsp;&nbsp; 20827 | &nbsp;&nbsp; 2682101 |
| Roper Technologies, Inc. (Software) | &nbsp;&nbsp; 2092 | &nbsp;&nbsp; 740275 |
| Salesforce, Inc. (Software) | &nbsp;&nbsp; 18259 | &nbsp;&nbsp; 3408408 |
| &nbsp;&nbsp;&nbsp; Sandisk Corp. (Tech. Hardware, Storage & <br> Periph.)<br>(a) | &nbsp;&nbsp; 2876 | &nbsp;&nbsp; 1827238 |
| &nbsp;&nbsp;&nbsp; Seagate Technology Holdings PLC (Tech. <br> Hardware, Storage & Periph.)<br>| &nbsp;&nbsp; 4246 | &nbsp;&nbsp; 1663413 |
| ServiceNow, Inc. (Software)<br> (a) | &nbsp;&nbsp; 20368 | &nbsp;&nbsp; 2129474 |
| &nbsp;&nbsp;&nbsp; Skyworks Solutions, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 2952 | &nbsp;&nbsp; 158080 |
| &nbsp;&nbsp;&nbsp; Super Micro Computer, Inc. (Tech. Hardware, <br> Storage & Periph.)<br>(a) | &nbsp;&nbsp; 9876 | &nbsp;&nbsp; 224877 |
| Synopsys, Inc. (Software)<br> (a) | &nbsp;&nbsp; 3719 | &nbsp;&nbsp; 1474509 |
| &nbsp;&nbsp;&nbsp; TE Connectivity PLC (Electronic Equip., Instr. & <br> Comp.)<br>| &nbsp;&nbsp; 5687 | &nbsp;&nbsp; 1188697 |
| &nbsp;&nbsp;&nbsp; Teledyne Technologies, Inc. (Electronic Equip., <br> Instr. & Comp.)<br>(a) | &nbsp;&nbsp; 922 | &nbsp;&nbsp; 557819 |
| Teradyne, Inc. (Semiconductors & Equip.) | &nbsp;&nbsp; 3074 | &nbsp;&nbsp; 911318 |
| &nbsp;&nbsp;&nbsp; Texas Instruments, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 17717 | &nbsp;&nbsp; 3439578 |
| Trimble, Inc. (Software)<br> (a) | &nbsp;&nbsp; 4670 | &nbsp;&nbsp; 304624 |
| Tyler Technologies, Inc. (Software)<br> (a) | &nbsp;&nbsp; 845 | &nbsp;&nbsp; 289311 |
| VeriSign, Inc. (IT Svs.) | &nbsp;&nbsp; 1620 | &nbsp;&nbsp; 402343 |
| &nbsp;&nbsp;&nbsp; Western Digital Corp. (Tech. Hardware, <br> Storage & Periph.)<br>| &nbsp;&nbsp; 6605 | &nbsp;&nbsp; 1786587 |
| Workday, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 4181 | &nbsp;&nbsp; 543196 |
| &nbsp;&nbsp;&nbsp; Zebra Technologies Corp. Class A (Electronic <br> Equip., Instr. & Comp.)<br>(a) | &nbsp;&nbsp; 966 | &nbsp;&nbsp; 201971 |
|  |  | &nbsp;&nbsp; 359130319 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP S&P 500**<sup>®</sup> **Index Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Materials–2.1%** |  |  |
| Air Products & Chemicals, Inc. (Chemicals) | &nbsp;&nbsp; 4318 | &nbsp;&nbsp; $1254336 |
| Albemarle Corp. (Chemicals) | &nbsp;&nbsp; 2313 | &nbsp;&nbsp; 415253 |
| Amcor PLC (Containers & Packaging) | &nbsp;&nbsp; 9069 | &nbsp;&nbsp; 360493 |
| &nbsp;&nbsp;&nbsp; Avery Dennison Corp. (Containers & <br> Packaging)<br>| &nbsp;&nbsp; 1517 | &nbsp;&nbsp; 261955 |
| Ball Corp. (Containers & Packaging) | &nbsp;&nbsp; 5260 | &nbsp;&nbsp; 310919 |
| CF Industries Holdings, Inc. (Chemicals) | &nbsp;&nbsp; 3062 | &nbsp;&nbsp; 397570 |
| Corteva, Inc. (Chemicals) | &nbsp;&nbsp; 13201 | &nbsp;&nbsp; 1105056 |
| CRH PLC (Construction Materials) | &nbsp;&nbsp; 13016 | &nbsp;&nbsp; 1368242 |
| Dow, Inc. (Chemicals) | &nbsp;&nbsp; 14084 | &nbsp;&nbsp; 586599 |
| DuPont de Nemours, Inc. (Chemicals) | &nbsp;&nbsp; 8032 | &nbsp;&nbsp; 367866 |
| Ecolab, Inc. (Chemicals) | &nbsp;&nbsp; 4947 | &nbsp;&nbsp; 1316001 |
| Freeport-McMoRan, Inc. (Metals & Mining) | &nbsp;&nbsp; 27945 | &nbsp;&nbsp; 1642607 |
| &nbsp;&nbsp;&nbsp; International Flavors & Fragrances, Inc. <br> (Chemicals)<br>| &nbsp;&nbsp; 5027 | &nbsp;&nbsp; 364709 |
| &nbsp;&nbsp;&nbsp; International Paper Co. (Containers & <br> Packaging)<br>| &nbsp;&nbsp; 10365 | &nbsp;&nbsp; 370030 |
| Linde PLC (Chemicals) | &nbsp;&nbsp; 9125 | &nbsp;&nbsp; 4523810 |
| &nbsp;&nbsp;&nbsp; LyondellBasell Industries N.V. Class A <br> (Chemicals)<br>| &nbsp;&nbsp; 5054 | &nbsp;&nbsp; 407150 |
| &nbsp;&nbsp;&nbsp; Martin Marietta Materials, Inc. <br> (Construction Materials)<br>| &nbsp;&nbsp; 1184 | &nbsp;&nbsp; 696997 |
| Mosaic Co. / The (Chemicals) | &nbsp;&nbsp; 6230 | &nbsp;&nbsp; 158865 |
| Newmont Corp. (Metals & Mining) | &nbsp;&nbsp; 21268 | &nbsp;&nbsp; 2302261 |
| Nucor Corp. (Metals & Mining) | &nbsp;&nbsp; 4492 | &nbsp;&nbsp; 759597 |
| &nbsp;&nbsp;&nbsp; Packaging Corp. of America (Containers & <br> Packaging)<br>| &nbsp;&nbsp; 1754 | &nbsp;&nbsp; 372234 |
| PPG Industries, Inc. (Chemicals) | &nbsp;&nbsp; 4405 | &nbsp;&nbsp; 470806 |
| Sherwin-Williams Co. / The (Chemicals) | &nbsp;&nbsp; 4477 | &nbsp;&nbsp; 1435102 |
| &nbsp;&nbsp;&nbsp; Smurfit Westrock PLC (Containers & <br> Packaging)<br>| &nbsp;&nbsp; 10254 | &nbsp;&nbsp; 408622 |
| Steel Dynamics, Inc. (Metals & Mining) | &nbsp;&nbsp; 2694 | &nbsp;&nbsp; 484920 |
| Vulcan Materials Co. (Construction Materials) | &nbsp;&nbsp; 2594 | &nbsp;&nbsp; 706346 |
|  |  | &nbsp;&nbsp; 22848346 |
| **Real Estate–1.9%** |  |  |
| &nbsp;&nbsp;&nbsp; Alexandria Real Estate Equities, Inc. (Health <br> Care REITs)<br>| &nbsp;&nbsp; 3062 | &nbsp;&nbsp; 142138 |
| American Tower Corp. (Specialized REITs) | &nbsp;&nbsp; 9097 | &nbsp;&nbsp; 1569960 |
| &nbsp;&nbsp;&nbsp; AvalonBay Communities, Inc. <br> (Residential REITs)<br>| &nbsp;&nbsp; 2779 | &nbsp;&nbsp; 453950 |
| BXP, Inc. (Office REITs) | &nbsp;&nbsp; 2894 | &nbsp;&nbsp; 150199 |
| Camden Property Trust (Residential REITs) | &nbsp;&nbsp; 2030 | &nbsp;&nbsp; 198250 |
| &nbsp;&nbsp;&nbsp; CBRE Group, Inc. Class A (Real Estate Mgmt. & <br> Development)<br>(a) | &nbsp;&nbsp; 5703 | &nbsp;&nbsp; 772528 |
| &nbsp;&nbsp;&nbsp; CoStar Group, Inc. (Real Estate Mgmt. & <br> Development)<br>(a) | &nbsp;&nbsp; 8319 | &nbsp;&nbsp; 335588 |
| Crown Castle, Inc. (Specialized REITs) | &nbsp;&nbsp; 8548 | &nbsp;&nbsp; 695038 |
| Digital Realty Trust, Inc. (Specialized REITs) | &nbsp;&nbsp; 6339 | &nbsp;&nbsp; 1142351 |
| Equinix, Inc. (Specialized REITs) | &nbsp;&nbsp; 1913 | &nbsp;&nbsp; 1875199 |
| Equity Residential (Residential REITs) | &nbsp;&nbsp; 6748 | &nbsp;&nbsp; 399144 |
| Essex Property Trust, Inc. (Residential REITs) | &nbsp;&nbsp; 1265 | &nbsp;&nbsp; 306130 |
| Extra Space Storage, Inc. (Specialized REITs) | &nbsp;&nbsp; 4166 | &nbsp;&nbsp; 546288 |
| Federal Realty Investment Trust (Retail REITs) | &nbsp;&nbsp; 1541 | &nbsp;&nbsp; 163670 |
| &nbsp;&nbsp;&nbsp; Healthpeak Properties, Inc. (Health Care <br> REITs)<br>| &nbsp;&nbsp; 13643 | &nbsp;&nbsp; 224154 |
| &nbsp;&nbsp;&nbsp; Host Hotels & Resorts, Inc. (Hotel & Resort <br> REITs)<br>| &nbsp;&nbsp; 12554 | &nbsp;&nbsp; 240535 |
| Invitation Homes, Inc. (Residential REITs) | &nbsp;&nbsp; 11070 | &nbsp;&nbsp; 275090 |
| Iron Mountain, Inc. (Specialized REITs) | &nbsp;&nbsp; 5807 | &nbsp;&nbsp; 593127 |
| Kimco Realty Corp. (Retail REITs) | &nbsp;&nbsp; 13232 | &nbsp;&nbsp; 297323 |
| &nbsp;&nbsp;&nbsp; Mid-America Apartment Communities, Inc. <br> (Residential REITs)<br>| &nbsp;&nbsp; 2295 | &nbsp;&nbsp; 280265 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Real Estate (continued)** |  |  |
| Prologis, Inc. (Industrial REITs) | &nbsp;&nbsp; 18131 | &nbsp;&nbsp; $2396556 |
| Public Storage (Specialized REITs) | &nbsp;&nbsp; 3100 | &nbsp;&nbsp; 839728 |
| Realty Income Corp. (Retail REITs) | &nbsp;&nbsp; 17767 | &nbsp;&nbsp; 1086985 |
| Regency Centers Corp. (Retail REITs) | &nbsp;&nbsp; 3231 | &nbsp;&nbsp; 244457 |
| &nbsp;&nbsp;&nbsp; SBA Communications Corp. <br> (Specialized REITs)<br>| &nbsp;&nbsp; 2091 | &nbsp;&nbsp; 359882 |
| Simon Property Group, Inc. (Retail REITs) | &nbsp;&nbsp; 6300 | &nbsp;&nbsp; 1175139 |
| UDR, Inc. (Residential REITs) | &nbsp;&nbsp; 5903 | &nbsp;&nbsp; 199403 |
| Ventas, Inc. (Health Care REITs) | &nbsp;&nbsp; 9323 | &nbsp;&nbsp; 762435 |
| VICI Properties, Inc. (Specialized REITs) | &nbsp;&nbsp; 20980 | &nbsp;&nbsp; 573174 |
| Welltower, Inc. (Health Care REITs) | &nbsp;&nbsp; 13601 | &nbsp;&nbsp; 2689054 |
| Weyerhaeuser Co. (Specialized REITs) | &nbsp;&nbsp; 14143 | &nbsp;&nbsp; 345513 |
|  |  | &nbsp;&nbsp; 21333253 |
| **Utilities–2.5%** |  |  |
| &nbsp;&nbsp;&nbsp; AES Corp. / The (Ind. Power & Renewable <br> Elec.)<br>| &nbsp;&nbsp; 13978 | &nbsp;&nbsp; 196950 |
| Alliant Energy Corp. (Electric Utilities) | &nbsp;&nbsp; 5046 | &nbsp;&nbsp; 362101 |
| Ameren Corp. (Multi-Utilities) | &nbsp;&nbsp; 5425 | &nbsp;&nbsp; 596316 |
| &nbsp;&nbsp;&nbsp; American Electric Power Co., Inc. <br> (Electric Utilities)<br>| &nbsp;&nbsp; 10501 | &nbsp;&nbsp; 1376471 |
| &nbsp;&nbsp;&nbsp; American Water Works Co., Inc. <br> (Water Utilities)<br>| &nbsp;&nbsp; 3831 | &nbsp;&nbsp; 521361 |
| Atmos Energy Corp. (Gas Utilities) | &nbsp;&nbsp; 3247 | &nbsp;&nbsp; 599786 |
| CenterPoint Energy, Inc. (Multi-Utilities) | &nbsp;&nbsp; 12815 | &nbsp;&nbsp; 553095 |
| CMS Energy Corp. (Multi-Utilities) | &nbsp;&nbsp; 6015 | &nbsp;&nbsp; 466644 |
| Consolidated Edison, Inc. (Multi-Utilities) | &nbsp;&nbsp; 7085 | &nbsp;&nbsp; 801880 |
| Constellation Energy Corp. (Electric Utilities) | &nbsp;&nbsp; 6066 | &nbsp;&nbsp; 1693931 |
| Dominion Energy, Inc. (Multi-Utilities) | &nbsp;&nbsp; 16512 | &nbsp;&nbsp; 1020772 |
| DTE Energy Co. (Multi-Utilities) | &nbsp;&nbsp; 4077 | &nbsp;&nbsp; 596139 |
| Duke Energy Corp. (Electric Utilities) | &nbsp;&nbsp; 15147 | &nbsp;&nbsp; 1983348 |
| Edison International (Electric Utilities) | &nbsp;&nbsp; 7553 | &nbsp;&nbsp; 552729 |
| Entergy Corp. (Electric Utilities) | &nbsp;&nbsp; 8879 | &nbsp;&nbsp; 997644 |
| Evergy, Inc. (Electric Utilities) | &nbsp;&nbsp; 4519 | &nbsp;&nbsp; 370197 |
| Eversource Energy (Electric Utilities) | &nbsp;&nbsp; 7365 | &nbsp;&nbsp; 510247 |
| Exelon Corp. (Electric Utilities) | &nbsp;&nbsp; 19761 | &nbsp;&nbsp; 968684 |
| FirstEnergy Corp. (Electric Utilities) | &nbsp;&nbsp; 10205 | &nbsp;&nbsp; 516985 |
| NextEra Energy, Inc. (Electric Utilities) | &nbsp;&nbsp; 40690 | &nbsp;&nbsp; 3779287 |
| NiSource, Inc. (Multi-Utilities) | &nbsp;&nbsp; 9393 | &nbsp;&nbsp; 438277 |
| NRG Energy, Inc. (Electric Utilities) | &nbsp;&nbsp; 4169 | &nbsp;&nbsp; 609258 |
| PG&E Corp. (Electric Utilities) | &nbsp;&nbsp; 43144 | &nbsp;&nbsp; 758040 |
| Pinnacle West Capital Corp. (Electric Utilities) | &nbsp;&nbsp; 2349 | &nbsp;&nbsp; 236662 |
| PPL Corp. (Electric Utilities) | &nbsp;&nbsp; 14520 | &nbsp;&nbsp; 554664 |
| &nbsp;&nbsp;&nbsp; Public Service Enterprise Group, Inc. <br> (Multi-Utilities)<br>| &nbsp;&nbsp; 9611 | &nbsp;&nbsp; 778011 |
| Sempra (Multi-Utilities) | &nbsp;&nbsp; 12653 | &nbsp;&nbsp; 1229492 |
| Southern Co. / The (Electric Utilities) | &nbsp;&nbsp; 21454 | &nbsp;&nbsp; 2070740 |
| Vistra Corp. (Ind. Power & Renewable Elec.) | &nbsp;&nbsp; 6252 | &nbsp;&nbsp; 939863 |
| WEC Energy Group, Inc. (Multi-Utilities) | &nbsp;&nbsp; 6388 | &nbsp;&nbsp; 739539 |
| Xcel Energy, Inc. (Electric Utilities) | &nbsp;&nbsp; 11419 | &nbsp;&nbsp; 907125 |
|  |  | &nbsp;&nbsp; 27726238 |
| **Total Common Stocks (Cost $575,529,201)** |  | &nbsp;&nbsp; $1091264923 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **U.S. Treasury Obligations–0.0%** | **Rate** | **Maturity**  | **Face Amount** | **Value** |
| U.S. Treasury Bill<br> (b)(c) | 3.633% | 05/14/2026 | &nbsp;&nbsp; $472000 | &nbsp;&nbsp; $469947 |
| **Total U.S. Treasury Obligations (Cost $469,964)** | **Total U.S. Treasury Obligations (Cost $469,964)** | **Total U.S. Treasury Obligations (Cost $469,964)** | **Total U.S. Treasury Obligations (Cost $469,964)** | &nbsp;&nbsp; $469947 |
| **Total Investments – 98.8% (Cost $575,999,165)** | **Total Investments – 98.8% (Cost $575,999,165)** | **Total Investments – 98.8% (Cost $575,999,165)** | (d) | &nbsp;&nbsp; $1091734870 |
| **Other Assets in Excess of Liabilities – 1.2%** | **Other Assets in Excess of Liabilities – 1.2%** | **Other Assets in Excess of Liabilities – 1.2%** | (b) | &nbsp;&nbsp; 13157046 |
| **Net Assets – 100.0%** | **Net Assets – 100.0%** | **Net Assets – 100.0%** | **Net Assets – 100.0%** | &nbsp;&nbsp; $1104891916 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

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

Abbreviations: <br> REITs: Real Estate Investment Trusts

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

---

| | |
|:---|:---|
| Footnotes: | Footnotes: |
| &nbsp;&nbsp;&nbsp;&nbsp; (a) | Non-income producing security. |
| &nbsp;&nbsp;&nbsp;&nbsp; (b) | Security is fully pledged, in addition to $337,510 of the Portfolio's cash holdings, as collateral for the futures contracts outstanding at March 31, 2026. See also the <br> following Schedule of Open Futures Contracts.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (c) | Zero coupon bond. Rate disclosed is the current yield as of March 31, 2026 |
| &nbsp;&nbsp;&nbsp;&nbsp; (d) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 4 of the Notes to Schedules of <br> Investments.<br>|

---

The accompanying notes are an integral part of these financial statements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP S&P 500**<sup>®</sup> **Index Portfolio (Continued)**

**Schedule of Open Futures Contracts**

**March 31, 2026 (Unaudited)** 

**Long Futures Contracts** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **contracts**<br>| **Expiration Date** | **Notional**<br> **Amount**<br>| **Value** | **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Variation Margin** <br> **Receivable** <br> **(Payable)**<br>|
| CME E-mini S&P 500 Index - Long | 33 | June 18, 2026 | &nbsp;&nbsp; $10901269 | &nbsp;&nbsp; $10841738 | &nbsp;&nbsp; $(59531)<br>| &nbsp;&nbsp; $301125 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$10901269** | &nbsp;&nbsp; **$10841738** | &nbsp;&nbsp; **$(59531)**<br>| &nbsp;&nbsp; **$301125** |

---

The accompanying notes are an integral part of these financial statements. <br>

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP BlackRock Advantage Large Cap Value Portfolio**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

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

---

| | | |
|:---|:---|:---|
| **Common Stocks–99.4%** | **Shares** | **Value** |
| **Communication Services–8.3%** |  |  |
| &nbsp;&nbsp;&nbsp; Alphabet, Inc. Class A (Interactive Media & <br> Svs.)<br>| &nbsp;&nbsp; 14383 | &nbsp;&nbsp; $4135976 |
| &nbsp;&nbsp;&nbsp; Alphabet, Inc. Class C (Interactive Media & <br> Svs.)<br>| &nbsp;&nbsp; 9949 | &nbsp;&nbsp; 2853970 |
| AT&T, Inc. (Diversified Telecom. Svs.) | &nbsp;&nbsp; 61154 | &nbsp;&nbsp; 1772855 |
| &nbsp;&nbsp;&nbsp; Comcast Corp. Class A (Diversified Telecom. <br> Svs.)<br>| &nbsp;&nbsp; 35967 | &nbsp;&nbsp; 1032613 |
| Fox Corp. Class A (Media) | &nbsp;&nbsp; 13152 | &nbsp;&nbsp; 768077 |
| Fox Corp. Class B (Media) | &nbsp;&nbsp; 890 | &nbsp;&nbsp; 47259 |
| &nbsp;&nbsp;&nbsp; Meta Platforms, Inc. Class A (Interactive <br> Media & Svs.)<br>| &nbsp;&nbsp; 2632 | &nbsp;&nbsp; 1505846 |
| &nbsp;&nbsp;&nbsp; Pinterest, Inc. Class A (Interactive Media & <br> Svs.)<br>(a) | &nbsp;&nbsp; 23048 | &nbsp;&nbsp; 422700 |
| Roku, Inc. (Entertainment)<br> (a) | &nbsp;&nbsp; 2019 | &nbsp;&nbsp; 191038 |
| T-Mobile U.S., Inc. (Wireless Telecom. Svs.) | &nbsp;&nbsp; 3004 | &nbsp;&nbsp; 630930 |
| Trade Desk, Inc. / The Class A (Media)<br> (a) | &nbsp;&nbsp; 6277 | &nbsp;&nbsp; 142425 |
| &nbsp;&nbsp;&nbsp; Verizon Communications, Inc. (Diversified <br> Telecom. Svs.)<br>| &nbsp;&nbsp; 18262 | &nbsp;&nbsp; 916752 |
| Walt Disney Co. / The (Entertainment) | &nbsp;&nbsp; 6951 | &nbsp;&nbsp; 669937 |
|  |  | &nbsp;&nbsp; 15090378 |
| **Consumer Discretionary–7.8%** |  |  |
| Amazon.com, Inc. (Broadline Retail)<br> (a) | &nbsp;&nbsp; 21932 | &nbsp;&nbsp; 4567778 |
| AutoZone, Inc. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 101 | &nbsp;&nbsp; 341156 |
| Best Buy Co., Inc. (Specialty Retail) | &nbsp;&nbsp; 4312 | &nbsp;&nbsp; 276830 |
| &nbsp;&nbsp;&nbsp; Booking Holdings, Inc. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 57 | &nbsp;&nbsp; 239988 |
| BorgWarner, Inc. (Automobile Components) | &nbsp;&nbsp; 14053 | &nbsp;&nbsp; 762516 |
| Carnival Corp. (Hotels, Restaurants & Leisure) | &nbsp;&nbsp; 8126 | &nbsp;&nbsp; 210301 |
| &nbsp;&nbsp;&nbsp; Chipotle Mexican Grill, Inc. (Hotels, <br> Restaurants & Leisure)<br>(a) | &nbsp;&nbsp; 12211 | &nbsp;&nbsp; 390874 |
| Garmin Ltd. (Household Durables) | &nbsp;&nbsp; 2813 | &nbsp;&nbsp; 652644 |
| General Motors Co. (Automobiles) | &nbsp;&nbsp; 6854 | &nbsp;&nbsp; 510623 |
| Home Depot, Inc. / The (Specialty Retail) | &nbsp;&nbsp; 1760 | &nbsp;&nbsp; 578847 |
| Lithia Motors, Inc. (Specialty Retail) | &nbsp;&nbsp; 1483 | &nbsp;&nbsp; 370335 |
| &nbsp;&nbsp;&nbsp; McDonald's Corp. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 3548 | &nbsp;&nbsp; 1102683 |
| MercadoLibre, Inc. (Broadline Retail)<br> (a) | &nbsp;&nbsp; 150 | &nbsp;&nbsp; 259353 |
| Meritage Homes Corp. (Household Durables) | &nbsp;&nbsp; 4293 | &nbsp;&nbsp; 265479 |
| TJX Cos., Inc. / The (Specialty Retail) | &nbsp;&nbsp; 11869 | &nbsp;&nbsp; 1895479 |
| Toll Brothers, Inc. (Household Durables) | &nbsp;&nbsp; 7461 | &nbsp;&nbsp; 1018203 |
| &nbsp;&nbsp;&nbsp; Under Armour, Inc. Class C (Textiles, Apparel & <br> Luxury Goods)<br>(a) | &nbsp;&nbsp; 1160 | &nbsp;&nbsp; 6716 |
| &nbsp;&nbsp;&nbsp; Viking Holdings Ltd. (Hotels, Restaurants & <br> Leisure)<br>(a) | &nbsp;&nbsp; 8948 | &nbsp;&nbsp; 657499 |
|  |  | &nbsp;&nbsp; 14107304 |
| **Consumer Staples–7.0%** |  |  |
| Altria Group, Inc. (Tobacco) | &nbsp;&nbsp; 13793 | &nbsp;&nbsp; 910200 |
| Coca-Cola Co. / The (Beverages) | &nbsp;&nbsp; 3849 | &nbsp;&nbsp; 292716 |
| Colgate-Palmolive Co. (Household Products) | &nbsp;&nbsp; 3468 | &nbsp;&nbsp; 295578 |
| Conagra Brands, Inc. (Food Products) | &nbsp;&nbsp; 19691 | &nbsp;&nbsp; 309542 |
| Constellation Brands, Inc. Class A (Beverages) | &nbsp;&nbsp; 2038 | &nbsp;&nbsp; 305700 |
| &nbsp;&nbsp;&nbsp; Costco Wholesale Corp. (Consumer Staples <br> Distribution & Retail)<br>| &nbsp;&nbsp; 1492 | &nbsp;&nbsp; 1486673 |
| &nbsp;&nbsp;&nbsp; Dollar General Corp. (Consumer Staples <br> Distribution & Retail)<br>| &nbsp;&nbsp; 2231 | &nbsp;&nbsp; 264887 |
| General Mills, Inc. (Food Products) | &nbsp;&nbsp; 15617 | &nbsp;&nbsp; 581265 |
| &nbsp;&nbsp;&nbsp; Molson Coors Beverage Co. Class B <br> (Beverages)<br>| &nbsp;&nbsp; 9294 | &nbsp;&nbsp; 400200 |
| PepsiCo, Inc. (Beverages) | &nbsp;&nbsp; 2618 | &nbsp;&nbsp; 406549 |
| Philip Morris International, Inc. (Tobacco) | &nbsp;&nbsp; 5505 | &nbsp;&nbsp; 910197 |
| &nbsp;&nbsp;&nbsp; Procter & Gamble Co. / The <br> (Household Products)<br>| &nbsp;&nbsp; 17828 | &nbsp;&nbsp; 2575076 |
| &nbsp;&nbsp;&nbsp; Target Corp. (Consumer Staples Distribution & <br> Retail)<br>| &nbsp;&nbsp; 4098 | &nbsp;&nbsp; 496678 |
| &nbsp;&nbsp;&nbsp; Walmart, Inc. (Consumer Staples Distribution & <br> Retail)<br>| &nbsp;&nbsp; 26979 | &nbsp;&nbsp; 3352950 |
|  |  | &nbsp;&nbsp; 12588211 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Energy–7.1%** |  |  |
| &nbsp;&nbsp;&nbsp; Cheniere Energy, Inc. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 1421 | &nbsp;&nbsp; $403223 |
| Chevron Corp. (Oil, Gas & Consumable Fuels) | &nbsp;&nbsp; 15581 | &nbsp;&nbsp; 3223709 |
| &nbsp;&nbsp;&nbsp; Chord Energy Corp. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 3322 | &nbsp;&nbsp; 472322 |
| &nbsp;&nbsp;&nbsp; Devon Energy Corp. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 40248 | &nbsp;&nbsp; 2025279 |
| &nbsp;&nbsp;&nbsp; EOG Resources, Inc. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 2778 | &nbsp;&nbsp; 401615 |
| &nbsp;&nbsp;&nbsp; Exxon Mobil Corp. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 14819 | &nbsp;&nbsp; 2514192 |
| Halliburton Co. (Energy Equip. & Svs.) | &nbsp;&nbsp; 11630 | &nbsp;&nbsp; 453454 |
| &nbsp;&nbsp;&nbsp; Kinder Morgan, Inc. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 24968 | &nbsp;&nbsp; 837177 |
| &nbsp;&nbsp;&nbsp; Marathon Petroleum Corp. (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 1656 | &nbsp;&nbsp; 404362 |
| Phillips 66 (Oil, Gas & Consumable Fuels) | &nbsp;&nbsp; 5360 | &nbsp;&nbsp; 976485 |
| SLB Ltd. (Energy Equip. & Svs.) | &nbsp;&nbsp; 8641 | &nbsp;&nbsp; 444061 |
| &nbsp;&nbsp;&nbsp; Valero Energy Corp. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 2536 | &nbsp;&nbsp; 626595 |
|  |  | &nbsp;&nbsp; 12782474 |
| **Financials–21.0%** |  |  |
| Allstate Corp. / The (Insurance) | &nbsp;&nbsp; 6248 | &nbsp;&nbsp; 1295460 |
| American Express Co. (Consumer Finance) | &nbsp;&nbsp; 1412 | &nbsp;&nbsp; 427102 |
| Bank of America Corp. (Banks) | &nbsp;&nbsp; 69299 | &nbsp;&nbsp; 3378326 |
| &nbsp;&nbsp;&nbsp; Berkshire Hathaway, Inc. Class B <br> (Financial Services)<br>(a) | &nbsp;&nbsp; 9461 | &nbsp;&nbsp; 4533711 |
| &nbsp;&nbsp;&nbsp; Capital One Financial Corp. <br> (Consumer Finance)<br>| &nbsp;&nbsp; 3831 | &nbsp;&nbsp; 698889 |
| Charles Schwab Corp. / The (Capital Markets) | &nbsp;&nbsp; 23839 | &nbsp;&nbsp; 2240389 |
| Chubb Ltd. (Insurance) | &nbsp;&nbsp; 2206 | &nbsp;&nbsp; 719002 |
| Citigroup, Inc. (Banks) | &nbsp;&nbsp; 21796 | &nbsp;&nbsp; 2471884 |
| CME Group, Inc. (Capital Markets) | &nbsp;&nbsp; 4553 | &nbsp;&nbsp; 1344729 |
| Credicorp Ltd. (Banks) | &nbsp;&nbsp; 1103 | &nbsp;&nbsp; 374116 |
| &nbsp;&nbsp;&nbsp; Fidelity National Information Services, Inc. <br> (Financial Services)<br>| &nbsp;&nbsp; 4108 | &nbsp;&nbsp; 192706 |
| Fiserv, Inc. (Financial Services)<br> (a) | &nbsp;&nbsp; 1456 | &nbsp;&nbsp; 81245 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group, Inc. / The <br> (Capital Markets)<br>| &nbsp;&nbsp; 1119 | &nbsp;&nbsp; 946663 |
| Huntington Bancshares, Inc. (Banks) | &nbsp;&nbsp; 70297 | &nbsp;&nbsp; 1100148 |
| &nbsp;&nbsp;&nbsp; Interactive Brokers Group, Inc. Class A <br> (Capital Markets)<br>| &nbsp;&nbsp; 5859 | &nbsp;&nbsp; 392963 |
| &nbsp;&nbsp;&nbsp; Intercontinental Exchange, Inc. <br> (Capital Markets)<br>| &nbsp;&nbsp; 9716 | &nbsp;&nbsp; 1528133 |
| JPMorgan Chase & Co. (Banks) | &nbsp;&nbsp; 17916 | &nbsp;&nbsp; 5270171 |
| KeyCorp (Banks) | &nbsp;&nbsp; 7082 | &nbsp;&nbsp; 141994 |
| Marsh & McLennan Cos., Inc. (Insurance) | &nbsp;&nbsp; 5109 | &nbsp;&nbsp; 886156 |
| Mastercard, Inc. Class A (Financial Services) | &nbsp;&nbsp; 1602 | &nbsp;&nbsp; 800455 |
| MetLife, Inc. (Insurance) | &nbsp;&nbsp; 6115 | &nbsp;&nbsp; 432453 |
| Morgan Stanley (Capital Markets) | &nbsp;&nbsp; 13677 | &nbsp;&nbsp; 2250824 |
| OneMain Holdings, Inc. (Consumer Finance) | &nbsp;&nbsp; 10514 | &nbsp;&nbsp; 562394 |
| PayPal Holdings, Inc. (Financial Services) | &nbsp;&nbsp; 5548 | &nbsp;&nbsp; 250936 |
| &nbsp;&nbsp;&nbsp; PNC Financial Services Group, Inc. / The <br> (Banks)<br>| &nbsp;&nbsp; 3227 | &nbsp;&nbsp; 671506 |
| Progressive Corp. / The (Insurance) | &nbsp;&nbsp; 1999 | &nbsp;&nbsp; 396282 |
| Travelers Cos., Inc. / The (Insurance) | &nbsp;&nbsp; 7031 | &nbsp;&nbsp; 2050802 |
| Unum Group (Insurance) | &nbsp;&nbsp; 5146 | &nbsp;&nbsp; 375812 |
| Visa, Inc. (Financial Services) | &nbsp;&nbsp; 1801 | &nbsp;&nbsp; 544334 |
| Wells Fargo & Co. (Banks) | &nbsp;&nbsp; 22026 | &nbsp;&nbsp; 1753490 |
|  |  | &nbsp;&nbsp; 38113075 |
| **Health Care–11.1%** |  |  |
| &nbsp;&nbsp;&nbsp; Abbott Laboratories (Health Care Equip. & <br> Supplies)<br>| &nbsp;&nbsp; 6573 | &nbsp;&nbsp; 674850 |
| Amgen, Inc. (Biotechnology) | &nbsp;&nbsp; 1628 | &nbsp;&nbsp; 572812 |
| Biogen, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 5765 | &nbsp;&nbsp; 1056897 |
| &nbsp;&nbsp;&nbsp; Boston Scientific Corp. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 10961 | &nbsp;&nbsp; 687803 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP BlackRock Advantage Large Cap Value Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Health Care (continued)** |  |  |
| Bristol-Myers Squibb Co. (Pharmaceuticals) | &nbsp;&nbsp; 39778 | &nbsp;&nbsp; $2412536 |
| &nbsp;&nbsp;&nbsp; Cardinal Health, Inc. (Health Care Providers & <br> Svs.)<br>| &nbsp;&nbsp; 7228 | &nbsp;&nbsp; 1527349 |
| Centene Corp. (Health Care Providers & Svs.)<br> (a) | &nbsp;&nbsp; 13034 | &nbsp;&nbsp; 426733 |
| &nbsp;&nbsp;&nbsp; Cigna Group / The (Health Care Providers & <br> Svs.)<br>| &nbsp;&nbsp; 2551 | &nbsp;&nbsp; 680479 |
| Danaher Corp. (Life Sciences Tools & Svs.) | &nbsp;&nbsp; 1258 | &nbsp;&nbsp; 238517 |
| Exelixis, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 6133 | &nbsp;&nbsp; 263044 |
| Gilead Sciences, Inc. (Biotechnology) | &nbsp;&nbsp; 2299 | &nbsp;&nbsp; 320412 |
| Hologic, Inc. (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 3887 | &nbsp;&nbsp; 293818 |
| Johnson & Johnson (Pharmaceuticals) | &nbsp;&nbsp; 11252 | &nbsp;&nbsp; 2750439 |
| Medtronic PLC (Health Care Equip. & Supplies) | &nbsp;&nbsp; 4805 | &nbsp;&nbsp; 416353 |
| Natera, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 2544 | &nbsp;&nbsp; 508775 |
| Pfizer, Inc. (Pharmaceuticals) | &nbsp;&nbsp; 79313 | &nbsp;&nbsp; 2227109 |
| &nbsp;&nbsp;&nbsp; Regeneron Pharmaceuticals, Inc. <br> (Biotechnology)<br>| &nbsp;&nbsp; 1513 | &nbsp;&nbsp; 1169004 |
| &nbsp;&nbsp;&nbsp; Solventum Corp. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 3725 | &nbsp;&nbsp; 243242 |
| Stryker Corp. (Health Care Equip. & Supplies) | &nbsp;&nbsp; 2285 | &nbsp;&nbsp; 750828 |
| United Therapeutics Corp. (Biotechnology)<br> (a) | &nbsp;&nbsp; 515 | &nbsp;&nbsp; 305385 |
| &nbsp;&nbsp;&nbsp; UnitedHealth Group, Inc. (Health Care <br> Providers & Svs.)<br>| &nbsp;&nbsp; 7164 | &nbsp;&nbsp; 1938507 |
| &nbsp;&nbsp;&nbsp; Veeva Systems, Inc. Class A (Health Care <br> Technology)<br>(a) | &nbsp;&nbsp; 746 | &nbsp;&nbsp; 131042 |
| Vertex Pharmaceuticals, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 944 | &nbsp;&nbsp; 421534 |
|  |  | &nbsp;&nbsp; 20017468 |
| **Industrials–14.2%** |  |  |
| 3M Co. (Industrial Conglomerates) | &nbsp;&nbsp; 15726 | &nbsp;&nbsp; 2283887 |
| AMETEK, Inc. (Electrical Equip.) | &nbsp;&nbsp; 2960 | &nbsp;&nbsp; 634506 |
| &nbsp;&nbsp;&nbsp; Applied Industrial Technologies, Inc. (Trading <br> Companies & Distributors)<br>| &nbsp;&nbsp; 2455 | &nbsp;&nbsp; 651361 |
| Boeing Co. / The (Aerospace & Defense)<br> (a) | &nbsp;&nbsp; 1989 | &nbsp;&nbsp; 395871 |
| Caterpillar, Inc. (Machinery) | &nbsp;&nbsp; 2928 | &nbsp;&nbsp; 2074371 |
| &nbsp;&nbsp;&nbsp; Comfort Systems U.S.A., Inc. (Construction & <br> Engineering)<br>| &nbsp;&nbsp; 600 | &nbsp;&nbsp; 827394 |
| Copart, Inc. (Commercial Svs. & Supplies)<br> (a) | &nbsp;&nbsp; 4892 | &nbsp;&nbsp; 162414 |
| Delta Air Lines, Inc. (Passenger Airlines) | &nbsp;&nbsp; 4840 | &nbsp;&nbsp; 321763 |
| Dover Corp. (Machinery) | &nbsp;&nbsp; 1984 | &nbsp;&nbsp; 413565 |
| Eaton Corp. PLC (Electrical Equip.) | &nbsp;&nbsp; 2577 | &nbsp;&nbsp; 921716 |
| &nbsp;&nbsp;&nbsp; Ferguson Enterprises, Inc. (Trading Companies <br> & Distributors)<br>| &nbsp;&nbsp; 4451 | &nbsp;&nbsp; 1038240 |
| &nbsp;&nbsp;&nbsp; General Dynamics Corp. (Aerospace & <br> Defense)<br>| &nbsp;&nbsp; 3710 | &nbsp;&nbsp; 1273346 |
| HEICO Corp. Class A (Aerospace & Defense) | &nbsp;&nbsp; 2427 | &nbsp;&nbsp; 512315 |
| Illinois Tool Works, Inc. (Machinery) | &nbsp;&nbsp; 3224 | &nbsp;&nbsp; 839175 |
| Leidos Holdings, Inc. (Professional Svs.) | &nbsp;&nbsp; 1822 | &nbsp;&nbsp; 283357 |
| &nbsp;&nbsp;&nbsp; Lockheed Martin Corp. (Aerospace & <br> Defense)<br>| &nbsp;&nbsp; 2354 | &nbsp;&nbsp; 1422734 |
| MasTec, Inc. (Construction & Engineering)<br> (a) | &nbsp;&nbsp; 3363 | &nbsp;&nbsp; 1082012 |
| Mueller Industries, Inc. (Machinery) | &nbsp;&nbsp; 3928 | &nbsp;&nbsp; 435222 |
| &nbsp;&nbsp;&nbsp; Northrop Grumman Corp. (Aerospace & <br> Defense)<br>| &nbsp;&nbsp; 968 | &nbsp;&nbsp; 660408 |
| Owens Corning (Building Products) | &nbsp;&nbsp; 2994 | &nbsp;&nbsp; 324011 |
| Parker-Hannifin Corp. (Machinery) | &nbsp;&nbsp; 2793 | &nbsp;&nbsp; 2500405 |
| Rockwell Automation, Inc. (Electrical Equip.) | &nbsp;&nbsp; 1858 | &nbsp;&nbsp; 666799 |
| RTX Corp. (Aerospace & Defense) | &nbsp;&nbsp; 12047 | &nbsp;&nbsp; 2323866 |
| Trane Technologies PLC (Building Products) | &nbsp;&nbsp; 2125 | &nbsp;&nbsp; 885573 |
| Union Pacific Corp. (Ground Transportation) | &nbsp;&nbsp; 7064 | &nbsp;&nbsp; 1713868 |
| Veralto Corp. (Commercial Svs. & Supplies) | &nbsp;&nbsp; 2867 | &nbsp;&nbsp; 253500 |
| Vertiv Holdings Co. Class A (Electrical Equip.) | &nbsp;&nbsp; 1518 | &nbsp;&nbsp; 380380 |
| &nbsp;&nbsp;&nbsp; Waste Management, Inc. (Commercial Svs. & <br> Supplies)<br>| &nbsp;&nbsp; 1826 | &nbsp;&nbsp; 419597 |
|  |  | &nbsp;&nbsp; 25701656 |
| **Information Technology–12.6%** |  |  |
| Accenture PLC Class A (IT Svs.) | &nbsp;&nbsp; 2865 | &nbsp;&nbsp; 568101 |
| Adobe, Inc. (Software)<br> (a) | &nbsp;&nbsp; 1726 | &nbsp;&nbsp; 419556 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Information Technology (continued)** |  |  |
| &nbsp;&nbsp;&nbsp; Advanced Micro Devices, Inc. <br> (Semiconductors & Equip.)<br>(a) | &nbsp;&nbsp; 3168 | &nbsp;&nbsp; $644466 |
| &nbsp;&nbsp;&nbsp; Amphenol Corp. Class A (Electronic Equip., <br> Instr. & Comp.)<br>| &nbsp;&nbsp; 5411 | &nbsp;&nbsp; 683680 |
| &nbsp;&nbsp;&nbsp; Analog Devices, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 2455 | &nbsp;&nbsp; 781034 |
| &nbsp;&nbsp;&nbsp; Apple, Inc. (Tech. Hardware, Storage & <br> Periph.)<br>| &nbsp;&nbsp; 4169 | &nbsp;&nbsp; 1058050 |
| &nbsp;&nbsp;&nbsp; Applied Materials, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 4193 | &nbsp;&nbsp; 1433125 |
| Cisco Systems, Inc. (Communications Equip.) | &nbsp;&nbsp; 11508 | &nbsp;&nbsp; 892906 |
| &nbsp;&nbsp;&nbsp; Dell Technologies, Inc. Class C (Tech. <br> Hardware, Storage & Periph.)<br>| &nbsp;&nbsp; 3185 | &nbsp;&nbsp; 522754 |
| First Solar, Inc. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 1374 | &nbsp;&nbsp; 271035 |
| Flex Ltd. (Electronic Equip., Instr. & Comp.)<br> (a) | &nbsp;&nbsp; 9654 | &nbsp;&nbsp; 631951 |
| Intel Corp. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 30238 | &nbsp;&nbsp; 1334403 |
| &nbsp;&nbsp;&nbsp; International Business Machines Corp. <br> (IT Svs.)<br>| &nbsp;&nbsp; 3648 | &nbsp;&nbsp; 884239 |
| &nbsp;&nbsp;&nbsp; Keysight Technologies, Inc. (Electronic Equip., <br> Instr. & Comp.)<br>(a) | &nbsp;&nbsp; 2049 | &nbsp;&nbsp; 578576 |
| &nbsp;&nbsp;&nbsp; Lam Research Corp. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 3780 | &nbsp;&nbsp; 807635 |
| &nbsp;&nbsp;&nbsp; Lumentum Holdings, Inc. <br> (Communications Equip.)<br>(a) | &nbsp;&nbsp; 516 | &nbsp;&nbsp; 362624 |
| &nbsp;&nbsp;&nbsp; Marvell Technology, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 9164 | &nbsp;&nbsp; 907694 |
| &nbsp;&nbsp;&nbsp; Micron Technology, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 8364 | &nbsp;&nbsp; 2825694 |
| Microsoft Corp. (Software) | &nbsp;&nbsp; 2155 | &nbsp;&nbsp; 797716 |
| &nbsp;&nbsp;&nbsp; Motorola Solutions, Inc. <br> (Communications Equip.)<br>| &nbsp;&nbsp; 3108 | &nbsp;&nbsp; 1348779 |
| NVIDIA Corp. (Semiconductors & Equip.) | &nbsp;&nbsp; 3708 | &nbsp;&nbsp; 646675 |
| QUALCOMM, Inc. (Semiconductors & Equip.) | &nbsp;&nbsp; 8288 | &nbsp;&nbsp; 1067329 |
| Salesforce, Inc. (Software) | &nbsp;&nbsp; 7054 | &nbsp;&nbsp; 1316770 |
| &nbsp;&nbsp;&nbsp; Sandisk Corp. (Tech. Hardware, Storage & <br> Periph.)<br>(a) | &nbsp;&nbsp; 958 | &nbsp;&nbsp; 608656 |
| &nbsp;&nbsp;&nbsp; Texas Instruments, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 3256 | &nbsp;&nbsp; 632120 |
| &nbsp;&nbsp;&nbsp; Western Digital Corp. (Tech. Hardware, <br> Storage & Periph.)<br>| &nbsp;&nbsp; 3209 | &nbsp;&nbsp; 868002 |
|  |  | &nbsp;&nbsp; 22893570 |
| **Materials–4.2%** |  |  |
| Albemarle Corp. (Chemicals) | &nbsp;&nbsp; 1732 | &nbsp;&nbsp; 310946 |
| Alcoa Corp. (Metals & Mining) | &nbsp;&nbsp; 7306 | &nbsp;&nbsp; 484607 |
| Corteva, Inc. (Chemicals) | &nbsp;&nbsp; 17221 | &nbsp;&nbsp; 1441570 |
| Ecolab, Inc. (Chemicals) | &nbsp;&nbsp; 1013 | &nbsp;&nbsp; 269478 |
| FMC Corp. (Chemicals) | &nbsp;&nbsp; 21121 | &nbsp;&nbsp; 363704 |
| Freeport-McMoRan, Inc. (Metals & Mining) | &nbsp;&nbsp; 26404 | &nbsp;&nbsp; 1552027 |
| &nbsp;&nbsp;&nbsp; Louisiana-Pacific Corp. (Paper & Forest <br> Products)<br>| &nbsp;&nbsp; 6698 | &nbsp;&nbsp; 487280 |
| &nbsp;&nbsp;&nbsp; LyondellBasell Industries N.V. Class A <br> (Chemicals)<br>| &nbsp;&nbsp; 9781 | &nbsp;&nbsp; 787957 |
| Newmont Corp. (Metals & Mining) | &nbsp;&nbsp; 9001 | &nbsp;&nbsp; 974358 |
| Nucor Corp. (Metals & Mining) | &nbsp;&nbsp; 1277 | &nbsp;&nbsp; 215941 |
| &nbsp;&nbsp;&nbsp; Smurfit Westrock PLC (Containers & <br> Packaging)<br>| &nbsp;&nbsp; 7440 | &nbsp;&nbsp; 296484 |
| Vulcan Materials Co. (Construction Materials) | &nbsp;&nbsp; 1331 | &nbsp;&nbsp; 362431 |
|  |  | &nbsp;&nbsp; 7546783 |
| **Real Estate–2.8%** |  |  |
| CubeSmart (Specialized REITs) | &nbsp;&nbsp; 10545 | &nbsp;&nbsp; 386474 |
| Digital Realty Trust, Inc. (Specialized REITs) | &nbsp;&nbsp; 3272 | &nbsp;&nbsp; 589647 |
| Equinix, Inc. (Specialized REITs) | &nbsp;&nbsp; 1038 | &nbsp;&nbsp; 1017489 |
| Kimco Realty Corp. (Retail REITs) | &nbsp;&nbsp; 17501 | &nbsp;&nbsp; 393247 |
| Lineage, Inc. (Industrial REITs) | &nbsp;&nbsp; 7842 | &nbsp;&nbsp; 256904 |
| NNN REIT, Inc. (Retail REITs) | &nbsp;&nbsp; 11206 | &nbsp;&nbsp; 470988 |
| Simon Property Group, Inc. (Retail REITs) | &nbsp;&nbsp; 3266 | &nbsp;&nbsp; 609207 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP BlackRock Advantage Large Cap Value Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Real Estate (continued)** |  |  |
| Ventas, Inc. (Health Care REITs) | &nbsp;&nbsp; 12760 | &nbsp;&nbsp; $1043513 |
| VICI Properties, Inc. (Specialized REITs) | &nbsp;&nbsp; 13630 | &nbsp;&nbsp; 372372 |
|  |  | &nbsp;&nbsp; 5139841 |
| **Utilities–3.3%** |  |  |
| Consolidated Edison, Inc. (Multi-Utilities) | &nbsp;&nbsp; 8104 | &nbsp;&nbsp; 917211 |
| Edison International (Electric Utilities) | &nbsp;&nbsp; 14776 | &nbsp;&nbsp; 1081308 |
| Entergy Corp. (Electric Utilities) | &nbsp;&nbsp; 10960 | &nbsp;&nbsp; 1231466 |
| NextEra Energy, Inc. (Electric Utilities) | &nbsp;&nbsp; 7115 | &nbsp;&nbsp; 660841 |
| PG&E Corp. (Electric Utilities) | &nbsp;&nbsp; 67670 | &nbsp;&nbsp; 1188962 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Utilities (continued)** |  |  |
| Pinnacle West Capital Corp. (Electric Utilities) | &nbsp;&nbsp; 5043 | &nbsp;&nbsp; $508082 |
| Portland General Electric Co. (Electric Utilities) | &nbsp;&nbsp; 7290 | &nbsp;&nbsp; 384693 |
|  |  | &nbsp;&nbsp; 5972563 |
| **Total Common Stocks (Cost $153,900,754)** |  | &nbsp;&nbsp; $179953323 |
| **Total Investments – 99.4% (Cost $153,900,754)**<br> (b) |  | &nbsp;&nbsp; $179953323 |
| **Other Assets in Excess of Liabilities – 0.6%**<br> (c) |  | &nbsp;&nbsp; 1125181 |
| **Net Assets – 100.0%** | **Net Assets – 100.0%** | &nbsp;&nbsp; $181078504 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

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

Abbreviations: <br> REITs: Real Estate Investment Trusts

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

---

| | |
|:---|:---|
| Footnotes: | Footnotes: |
| &nbsp;&nbsp;&nbsp;&nbsp; (a) | Non-income producing security. |
| &nbsp;&nbsp;&nbsp;&nbsp; (b) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 4 of the Notes to Schedules of <br> Investments.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (c) | Includes $187,305 of cash pledged as collateral for the futures contracts outstanding at March 31, 2026. See also the following Schedule of Open Futures <br> Contracts.<br>|

---

The accompanying notes are an integral part of these financial statements.

**Schedule of Open Futures Contracts**

**March 31, 2026 (Unaudited)** 

**Long Futures Contracts** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **contracts**<br>| **Expiration Date** | **Notional**<br> **Amount**<br>| **Value** | **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Variation Margin** <br> **Receivable** <br> **(Payable)**<br>|
| CME E-mini S&P 500 Index - Long | 7 | June 18, 2026 | &nbsp;&nbsp; $2338421 | &nbsp;&nbsp; $2299763 | &nbsp;&nbsp; $(38658)<br>| &nbsp;&nbsp; $63875 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$2338421** | &nbsp;&nbsp; **$2299763** | &nbsp;&nbsp; **$(38658)**<br>| &nbsp;&nbsp; **$63875** |

---

The accompanying notes are an integral part of these financial statements. <br>

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP High Income Bond Portfolio**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Corporate Bonds–96.8%** | **Rate** | **Maturity** | **Face Amount** | **Value** |
| **Communication Services–8.7%** |  |  |  |  |
| Altice France SA (Diversified Telecom. Svs.)<br> (a) | 6.875% | 10/15/2030 | &nbsp;&nbsp; $989736 | &nbsp;&nbsp; $946780 |
| ANGI Group LLC (Interactive Media & Svs.)<br> (a) | 3.875% | 08/15/2028 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 890100 |
| Cars.com, Inc. (Interactive Media & Svs.)<br> (a) | 6.375% | 11/01/2028 | &nbsp;&nbsp; 250000 | &nbsp;&nbsp; 242997 |
| CCO Holdings LLC / CCO Holdings Capital Corp. (Media)<br> (a) | 5.125% | 05/01/2027 | &nbsp;&nbsp; 62000 | &nbsp;&nbsp; 61930 |
| CCO Holdings LLC / CCO Holdings Capital Corp. (Media)<br> (a) | 5.375% | 06/01/2029 | &nbsp;&nbsp; 125000 | &nbsp;&nbsp; 123282 |
| CCO Holdings LLC / CCO Holdings Capital Corp. (Media)<br> (a) | 4.750% | 03/01/2030 | &nbsp;&nbsp; 160000 | &nbsp;&nbsp; 151820 |
| CCO Holdings LLC / CCO Holdings Capital Corp. (Media)<br> (a) | 4.500% | 08/15/2030 | &nbsp;&nbsp; 100000 | &nbsp;&nbsp; 93448 |
| CCO Holdings LLC / CCO Holdings Capital Corp. (Media)<br> (a) | 7.375% | 03/01/2031 | &nbsp;&nbsp; 325000 | &nbsp;&nbsp; 330841 |
| CCO Holdings LLC / CCO Holdings Capital Corp. (Media)<br> (a) | 4.500% | 06/01/2033 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 174125 |
| Cogent Communications Group LLC / Cogent Finance, Inc. (Diversified Telecom. Svs.)<br> (a) | 7.000% | 06/15/2027 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 989153 |
| Lamar Media Corp. (Media) | 4.875% | 01/15/2029 | &nbsp;&nbsp; 150000 | &nbsp;&nbsp; 148213 |
| Match Group Holdings II LLC (Interactive Media & Svs.)<br> (a) | 4.125% | 08/01/2030 | &nbsp;&nbsp; 275000 | &nbsp;&nbsp; 254851 |
| Match Group Holdings II LLC (Interactive Media & Svs.)<br> (a) | 3.625% | 10/01/2031 | &nbsp;&nbsp; 150000 | &nbsp;&nbsp; 133363 |
| Sirius XM Radio LLC (Media)<br> (a) | 4.000% | 07/15/2028 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 193052 |
| Sirius XM Radio LLC (Media)<br> (a) | 4.125% | 07/01/2030 | &nbsp;&nbsp; 185000 | &nbsp;&nbsp; 173220 |
| Sirius XM Radio LLC (Media)<br> (a) | 3.875% | 09/01/2031 | &nbsp;&nbsp; 350000 | &nbsp;&nbsp; 317771 |
| Stagwell Global LLC (Media)<br> (a) | 5.625% | 08/15/2029 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 190410 |
| Sunrise FinCo I B.V. (Media)<br> (a) | 4.875% | 07/15/2031 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 476020 |
| Telenet Finance Luxembourg Notes SARL (Media)<br> (a) | 5.500% | 03/01/2028 | &nbsp;&nbsp; 400000 | &nbsp;&nbsp; 392528 |
| Univision Communications, Inc. (Media)<br> (a) | 4.500% | 05/01/2029 | &nbsp;&nbsp; 175000 | &nbsp;&nbsp; 164411 |
| Versant Media Group, Inc. (Media)<br> (a) | 7.250% | 01/30/2031 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1023401 |
| Virgin Media Finance PLC (Media)<br> (a) | 5.000% | 07/15/2030 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 819401 |
| Vmed O2 U.K. Financing I PLC (Wireless Telecom. Svs.)<br> (a) | 4.250% | 01/31/2031 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 171768 |
| VZ Secured Financing B.V. (Media)<br> (a) | 5.000% | 01/15/2032 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 428598 |
| WMG Acquisition Corp. (Entertainment)<br> (a) | 3.750% | 12/01/2029 | &nbsp;&nbsp; 125000 | &nbsp;&nbsp; 118699 |
| Ziff Davis, Inc. (Interactive Media & Svs.)<br> (a) | 4.625% | 10/15/2030 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 942867 |
|  |  |  |  | &nbsp;&nbsp; 9953049 |
| **Consumer Discretionary–14.4%** |  |  |  |  |
| 1011778 B.C. ULC / New Red Finance, Inc. (Hotels, Restaurants & Leisure)<br> (a) | 6.125% | 06/15/2029 | &nbsp;&nbsp; 225000 | &nbsp;&nbsp; 228637 |
| 1011778 B.C. ULC / New Red Finance, Inc. (Hotels, Restaurants & Leisure)<br> (a) | 5.625% | 09/15/2029 | &nbsp;&nbsp; 150000 | &nbsp;&nbsp; 150327 |
| Academy Ltd. (Specialty Retail)<br> (a) | 6.000% | 11/15/2027 | &nbsp;&nbsp; 450000 | &nbsp;&nbsp; 450337 |
| Advance Auto Parts, Inc. (Specialty Retail) | 3.900% | 04/15/2030 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 918365 |
| American Axle & Manufacturing, Inc. (Automobile Components)<br> (a) | 7.750% | 10/15/2033 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 973498 |
| Asbury Automotive Group, Inc. (Specialty Retail)<br> (a) | 5.000% | 02/15/2032 | &nbsp;&nbsp; 250000 | &nbsp;&nbsp; 236753 |
| Ashton Woods U.S.A. LLC / Ashton Woods Finance Co. (Household Durables)<br> (a) | 4.625% | 08/01/2029 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 944718 |
| Beach Acquisition Bidco LLC (Textiles, Apparel & Luxury Goods)<br> (a)(b) | 10.000%, 10.750% PIK | 07/15/2033 | &nbsp;&nbsp; 579726 | &nbsp;&nbsp; 617418 |
| Boyd Gaming Corp. (Hotels, Restaurants & Leisure) | 4.750% | 12/01/2027 | &nbsp;&nbsp; 275000 | &nbsp;&nbsp; 272141 |
| Brookfield Residential Properties, Inc. / Brookfield Residential U.S. LLC (Household Durables)<br> (a) | 4.875% | 02/15/2030 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 918132 |
| Caesars Entertainment, Inc. (Hotels, Restaurants & Leisure)<br> (a) | 7.000% | 02/15/2030 | &nbsp;&nbsp; 150000 | &nbsp;&nbsp; 151853 |
| Champ Acquisition Corp. (Textiles, Apparel & Luxury Goods)<br> (a) | 8.375% | 12/01/2031 | &nbsp;&nbsp; 120000 | &nbsp;&nbsp; 125775 |
| IHO Verwaltungs GmbH (Automobile Components)<br> (a)(b) | 6.375%, 7.125% PIK | 05/15/2029 | &nbsp;&nbsp; 300000 | &nbsp;&nbsp; 299891 |
| J.B. Poindexter & Co., Inc. (Automobile Components)<br> (a) | 8.750% | 12/15/2031 | &nbsp;&nbsp; 450000 | &nbsp;&nbsp; 456107 |
| &nbsp;&nbsp;&nbsp; KFC Holding Co. / Pizza Hut Holdings LLC / Taco Bell of America LLC (Hotels, Restaurants & <br> Leisure)<br>(a) | 4.750% | 06/01/2027 | &nbsp;&nbsp; 180000 | &nbsp;&nbsp; 179686 |
| LGI Homes, Inc. (Household Durables)<br> (a) | 7.000% | 11/15/2032 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 927227 |
| Lithia Motors, Inc. (Specialty Retail)<br> (a) | 4.625% | 12/15/2027 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 986769 |
| Mattamy Group Corp. (Household Durables)<br> (a) | 6.000% | 12/15/2033 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 939054 |
| Newell Brands, Inc. (Household Durables) | 7.375% | 04/01/2036 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 920532 |
| Nissan Motor Co. Ltd. (Automobiles)<br> (a) | 4.810% | 09/17/2030 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 907863 |
| Nordstrom, Inc. (Broadline Retail) | 4.375% | 04/01/2030 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 933452 |
| Royal Caribbean Cruises Ltd. (Hotels, Restaurants & Leisure)<br> (a) | 5.625% | 09/30/2031 | &nbsp;&nbsp; 175000 | &nbsp;&nbsp; 176725 |
| Royal Caribbean Cruises Ltd. (Hotels, Restaurants & Leisure)<br> (a) | 6.000% | 02/01/2033 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 201998 |
| Six Flags Entertainment Corp. (Hotels, Restaurants & Leisure)<br> (a) | 7.250% | 05/15/2031 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 192563 |
| Tenneco, Inc. (Automobile Components)<br> (a) | 8.000% | 11/17/2028 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 996443 |
| Under Armour, Inc. (Textiles, Apparel & Luxury Goods)<br> (a) | 7.250% | 07/15/2030 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1010201 |
| William Carter Co. / The (Textiles, Apparel & Luxury Goods)<br> (a) | 7.375% | 02/15/2031 | &nbsp;&nbsp; 400000 | &nbsp;&nbsp; 407982 |
| ZF North America Capital, Inc. (Automobile Components)<br> (a) | 7.500% | 03/24/2031 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 982315 |
|  |  |  |  | &nbsp;&nbsp; 16506762 |
| **Consumer Staples–0.5%** |  |  |  |  |
| Edgewell Personal Care Co. (Personal Care Products)<br> (a) | 5.500% | 06/01/2028 | &nbsp;&nbsp; 175000 | &nbsp;&nbsp; 174050 |
| Edgewell Personal Care Co. (Personal Care Products)<br> (a) | 4.125% | 04/01/2029 | &nbsp;&nbsp; 125000 | &nbsp;&nbsp; 118087 |
| U.S. Foods, Inc. (Consumer Staples Distribution & Retail)<br> (a) | 6.875% | 09/15/2028 | &nbsp;&nbsp; 225000 | &nbsp;&nbsp; 229962 |
|  |  |  |  | &nbsp;&nbsp; 522099 |
| **Energy–10.8%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Antero Midstream Partners LP / Antero Midstream Finance Corp. (Oil, Gas & Consumable <br> Fuels)<br>(a) | 5.750% | 01/15/2028 | &nbsp;&nbsp; 625000 | &nbsp;&nbsp; 624997 |
| &nbsp;&nbsp;&nbsp; Antero Midstream Partners LP / Antero Midstream Finance Corp. (Oil, Gas & Consumable <br> Fuels)<br>(a) | 5.750% | 07/01/2034 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 985432 |
| Ascent Resources Utica Holdings LLC / ARU Finance Corp. (Oil, Gas & Consumable Fuels)<br> (a) | 5.875% | 06/30/2029 | &nbsp;&nbsp; 180000 | &nbsp;&nbsp; 179833 |
| Breakwater Energy Holdings SARL (Oil, Gas & Consumable Fuels)<br> (a) | 9.250% | 11/15/2030 | &nbsp;&nbsp; 750000 | &nbsp;&nbsp; 787638 |
| Bristow Group, Inc. (Energy Equip. & Svs.)<br> (a) | 6.750% | 02/01/2033 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 202148 |
| Crescent Energy Finance LLC (Oil, Gas & Consumable Fuels)<br> (a) | 7.625% | 04/01/2032 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1014829 |
| Diamond Foreign Asset Co. / Diamond Finance LLC (Energy Equip. & Svs.)<br> (a) | 8.500% | 10/01/2030 | &nbsp;&nbsp; 900000 | &nbsp;&nbsp; 950798 |
| Hess Midstream Operations LP (Oil, Gas & Consumable Fuels)<br> (a) | 5.125% | 06/15/2028 | &nbsp;&nbsp; 425000 | &nbsp;&nbsp; 423751 |
| Hilcorp Energy I LP / Hilcorp Finance Co. (Oil, Gas & Consumable Fuels)<br> (a) | 6.875% | 05/15/2034 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 976990 |
| Nabors Industries, Inc. (Energy Equip. & Svs.)<br> (a) | 8.875% | 08/15/2031 | &nbsp;&nbsp; 125000 | &nbsp;&nbsp; 130222 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP High Income Bond Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Corporate Bonds (Continued)** | **Rate** | **Maturity** | **Face Amount** | **Value** |
| **Energy (continued)** |  |  |  |  |
| Nabors Industries, Inc. (Energy Equip. & Svs.)<br> (a) | 7.625% | 11/15/2032 | &nbsp;&nbsp; $150000 | &nbsp;&nbsp; $153547 |
| Northern Oil & Gas, Inc. (Oil, Gas & Consumable Fuels)<br> (a) | 7.875% | 10/15/2033 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1034653 |
| PBF Holding Co. LLC / PBF Finance Corp. (Oil, Gas & Consumable Fuels) | 6.000% | 02/15/2028 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 995453 |
| SESI LLC (Oil, Gas & Consumable Fuels)<br> (a) | 7.875% | 09/30/2030 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1019712 |
| SM Energy Co. (Oil, Gas & Consumable Fuels)<br> (a) | 8.625% | 11/01/2030 | &nbsp;&nbsp; 150000 | &nbsp;&nbsp; 158263 |
| SM Energy Co. (Oil, Gas & Consumable Fuels)<br> (a) | 9.625% | 06/15/2033 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 220944 |
| Sunoco LP (Oil, Gas & Consumable Fuels)<br> (a) | 5.625% | 07/15/2034 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 492353 |
| Venture Global Calcasieu Pass LLC (Oil, Gas & Consumable Fuels)<br> (a) | 3.875% | 08/15/2029 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 950539 |
| Vermilion Energy, Inc. (Oil, Gas & Consumable Fuels)<br> (a) | 7.250% | 02/15/2033 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1008690 |
|  |  |  |  | &nbsp;&nbsp; 12310792 |
| **Financials–21.0%** |  |  |  |  |
| Antares Holdings LP (Capital Markets)<br> (a) | 7.950% | 08/11/2028 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1036881 |
| Apollo Debt Solutions BDC (Capital Markets) | 6.550% | 03/15/2032 | &nbsp;&nbsp; 1750000 | &nbsp;&nbsp; 1756712 |
| Ares Capital Corp. (Capital Markets) | 5.250% | 04/12/2031 | &nbsp;&nbsp; 300000 | &nbsp;&nbsp; 290007 |
| Ares Strategic Income Fund (Capital Markets)<br> (a) | 5.550% | 04/15/2031 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 957977 |
| Azorra Finance Ltd. (Financial Services)<br> (a) | 6.250% | 02/15/2034 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 464045 |
| Blackstone Private Credit Fund (Capital Markets) | 6.000% | 11/22/2034 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1869703 |
| Blackstone Secured Lending Fund (Capital Markets) | 5.250% | 09/04/2029 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 979772 |
| &nbsp;&nbsp;&nbsp; Canadian Imperial Bank of Commerce (Rate is fixed until 07/28/2031, then H15T5Y + 273) <br> (Banks)<br>(c) | 6.500% | 07/28/2086 | &nbsp;&nbsp; 1200000 | &nbsp;&nbsp; 1172967 |
| Ford Motor Credit Co. LLC (Consumer Finance) | 7.350% | 11/04/2027 | &nbsp;&nbsp; 225000 | &nbsp;&nbsp; 232211 |
| goeasy Ltd. (Consumer Finance)<br> (a) | 6.875% | 02/15/2031 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 804505 |
| Goldman Sachs Private Credit Corp. (Capital Markets)<br> (a) | 5.375% | 01/31/2029 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1965832 |
| HPS Corporate Lending Fund (Capital Markets)<br> (a) | 5.150% | 04/02/2029 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 971649 |
| HPS Corporate Lending Fund (Capital Markets)<br> (a) | 5.650% | 04/02/2031 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 479648 |
| Jefferies Finance LLC / JFIN Co-Issuer Corp. (Capital Markets)<br> (a) | 5.000% | 08/15/2028 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 931862 |
| Jones Deslauriers Insurance Management, Inc. (Insurance)<br> (a) | 8.500% | 03/15/2030 | &nbsp;&nbsp; 450000 | &nbsp;&nbsp; 457393 |
| Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp. (Mortgage REIT)<br> (a) | 4.250% | 02/01/2027 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 987927 |
| MetLife, Inc. (Rate is fixed until 03/15/2036, then H15T5Y + 182) (Insurance)<br> (c) | 5.850% | 03/15/2056 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 981492 |
| MSD Investment Corp. (Capital Markets) | 6.250% | 05/31/2030 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 977657 |
| MSD Investment Corp. (Capital Markets)<br> (a) | 6.125% | 02/05/2031 | &nbsp;&nbsp; 600000 | &nbsp;&nbsp; 581839 |
| Oaktree Strategic Credit Fund (Capital Markets) | 6.500% | 07/23/2029 | &nbsp;&nbsp; 1250000 | &nbsp;&nbsp; 1253101 |
| Rfna LP (Financial Services)<br> (a) | 7.875% | 02/15/2030 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 955693 |
| Rocket Mortgage LLC / Rocket Mortgage Co-Issuer, Inc. (Financial Services)<br> (a) | 3.625% | 03/01/2029 | &nbsp;&nbsp; 300000 | &nbsp;&nbsp; 284098 |
| Rocket Mortgage LLC / Rocket Mortgage Co-Issuer, Inc. (Financial Services)<br> (a) | 3.875% | 03/01/2031 | &nbsp;&nbsp; 320000 | &nbsp;&nbsp; 295289 |
| Stonebriar ABF Issuer LLC (Financial Services)<br> (a) | 8.125% | 12/15/2030 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1033642 |
| Texas Capital Bancshares, Inc. (Rate is fixed until 02/27/2031, then SOFR + 194) (Banks)<br> (c) | 5.301% | 02/27/2032 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 985955 |
| UBS Group AG (Rate is fixed until 07/08/2036, then USISSO05 + 332) (Capital Markets)<br> (a)(c) | 7.000% | Perpetual | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 483360 |
| United Wholesale Mortgage LLC (Financial Services)<br> (a) | 5.750% | 06/15/2027 | &nbsp;&nbsp; 225000 | &nbsp;&nbsp; 221447 |
| United Wholesale Mortgage LLC (Financial Services)<br> (a) | 5.500% | 04/15/2029 | &nbsp;&nbsp; 225000 | &nbsp;&nbsp; 210597 |
| UWM Holdings LLC (Financial Services)<br> (a) | 6.625% | 02/01/2030 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 188634 |
| UWM Holdings LLC (Financial Services)<br> (a) | 6.250% | 03/15/2031 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 182137 |
|  |  |  |  | &nbsp;&nbsp; 23994032 |
| **Health Care–7.4%** |  |  |  |  |
| 1261229 B.C. Ltd. (Pharmaceuticals)<br> (a) | 10.000% | 04/15/2032 | &nbsp;&nbsp; 700000 | &nbsp;&nbsp; 716691 |
| Acadia Healthcare Co., Inc. (Health Care Providers & Svs.)<br> (a) | 5.000% | 04/15/2029 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 486805 |
| AHP Health Partners, Inc. (Health Care Providers & Svs.)<br> (a) | 5.750% | 07/15/2029 | &nbsp;&nbsp; 525000 | &nbsp;&nbsp; 519185 |
| Avantor Funding, Inc. (Health Care Equip. & Supplies)<br> (a) | 4.625% | 07/15/2028 | &nbsp;&nbsp; 105000 | &nbsp;&nbsp; 102481 |
| Avantor Funding, Inc. (Health Care Equip. & Supplies)<br> (a) | 3.875% | 11/01/2029 | &nbsp;&nbsp; 250000 | &nbsp;&nbsp; 234548 |
| CHS / Community Health Systems, Inc. (Health Care Providers & Svs.)<br> (a) | 4.750% | 02/15/2031 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 921924 |
| IQVIA, Inc. (Life Sciences Tools & Svs.)<br> (a) | 5.000% | 10/15/2026 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 199784 |
| IQVIA, Inc. (Life Sciences Tools & Svs.)<br> (a) | 6.500% | 05/15/2030 | &nbsp;&nbsp; 325000 | &nbsp;&nbsp; 331799 |
| Jazz Securities DAC (Pharmaceuticals)<br> (a) | 4.375% | 01/15/2029 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 975280 |
| Molina Healthcare, Inc. (Health Care Providers & Svs.)<br> (a) | 3.875% | 11/15/2030 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 894030 |
| Molina Healthcare, Inc. (Health Care Providers & Svs.)<br> (a) | 6.250% | 01/15/2033 | &nbsp;&nbsp; 125000 | &nbsp;&nbsp; 121199 |
| Organon & Co. / Organon Foreign Debt Co-Issuer B.V. (Pharmaceuticals)<br> (a) | 6.750% | 05/15/2034 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 445412 |
| Organon & Co. / Organon Foreign Debt Co-Issuer B.V. (Pharmaceuticals)<br> (a) | 7.875% | 05/15/2034 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 164661 |
| Prime Healthcare Services, Inc. (Health Care Providers & Svs.)<br> (a) | 9.375% | 09/01/2029 | &nbsp;&nbsp; 450000 | &nbsp;&nbsp; 466650 |
| Teleflex, Inc. (Health Care Equip. & Supplies)<br> (a) | 4.250% | 06/01/2028 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 972402 |
| Tenet Healthcare Corp. (Health Care Providers & Svs.) | 5.125% | 11/01/2027 | &nbsp;&nbsp; 425000 | &nbsp;&nbsp; 424584 |
| Tenet Healthcare Corp. (Health Care Providers & Svs.) | 4.625% | 06/15/2028 | &nbsp;&nbsp; 175000 | &nbsp;&nbsp; 173433 |
| Tenet Healthcare Corp. (Health Care Providers & Svs.) | 6.125% | 10/01/2028 | &nbsp;&nbsp; 140000 | &nbsp;&nbsp; 140325 |
| Tenet Healthcare Corp. (Health Care Providers & Svs.) | 6.750% | 05/15/2031 | &nbsp;&nbsp; 175000 | &nbsp;&nbsp; 178873 |
|  |  |  |  | &nbsp;&nbsp; 8470066 |
| **Industrials–10.1%** |  |  |  |  |
| AAR Escrow Issuer LLC (Aerospace & Defense)<br> (a) | 6.750% | 03/15/2029 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1017802 |
| American Airlines, Inc. / AAdvantage Loyalty IP Ltd. (Passenger Airlines)<br> (a) | 5.500% | 04/20/2026 | &nbsp;&nbsp; 13917 | &nbsp;&nbsp; 13922 |
| American Airlines, Inc. / AAdvantage Loyalty IP Ltd. (Passenger Airlines)<br> (a) | 5.750% | 04/20/2029 | &nbsp;&nbsp; 175000 | &nbsp;&nbsp; 174043 |
| Avis Budget Car Rental LLC / Avis Budget Finance, Inc. (Ground Transportation)<br> (a) | 8.375% | 06/15/2032 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 994512 |
| Brink's Co. / The (Commercial Svs. & Supplies)<br> (a) | 6.500% | 06/15/2029 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 203096 |
| Brink's Co. / The (Commercial Svs. & Supplies)<br> (a) | 6.750% | 06/15/2032 | &nbsp;&nbsp; 225000 | &nbsp;&nbsp; 227749 |
| Clarivate Science Holdings Corp. (Professional Svs.)<br> (a) | 4.875% | 07/01/2029 | &nbsp;&nbsp; 650000 | &nbsp;&nbsp; 563996 |
| CP Atlas Buyer, Inc. (Building Products)<br> (a) | 9.750% | 07/15/2030 | &nbsp;&nbsp; 125000 | &nbsp;&nbsp; 117222 |
| FTAI Aviation Investors LLC (Trading Companies & Distributors)<br> (a) | 5.500% | 05/01/2028 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 999647 |
| Garda World Security Corp. (Commercial Svs. & Supplies)<br> (a) | 6.000% | 06/01/2029 | &nbsp;&nbsp; 135000 | &nbsp;&nbsp; 128496 |
| Garda World Security Corp. (Commercial Svs. & Supplies)<br> (a) | 8.250% | 08/01/2032 | &nbsp;&nbsp; 250000 | &nbsp;&nbsp; 247383 |
| Garda World Security Corp. (Commercial Svs. & Supplies)<br> (a) | 8.375% | 11/15/2032 | &nbsp;&nbsp; 600000 | &nbsp;&nbsp; 600407 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP High Income Bond Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Corporate Bonds (Continued)** | **Rate** | **Maturity** | **Face Amount** | **Value** |
| **Industrials (continued)** |  |  |  |  |
| GFL Environmental Holdings U.S., Inc. (Commercial Svs. & Supplies)<br> (a) | 5.500% | 02/01/2034 | &nbsp;&nbsp; $500000 | &nbsp;&nbsp; $490398 |
| Masterbrand, Inc. (Building Products)<br> (a) | 7.000% | 07/15/2032 | &nbsp;&nbsp; 300000 | &nbsp;&nbsp; 293111 |
| Rand Parent LLC (Air Freight & Logistics)<br> (a) | 8.500% | 02/15/2030 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1026525 |
| Science Applications International Corp. (Professional Svs.)<br> (a) | 4.875% | 04/01/2028 | &nbsp;&nbsp; 275000 | &nbsp;&nbsp; 270635 |
| SS&C Technologies, Inc. (Professional Svs.)<br> (a) | 5.500% | 09/30/2027 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 500337 |
| Standard Building Solutions, Inc. (Building Products)<br> (a) | 6.500% | 08/15/2032 | &nbsp;&nbsp; 275000 | &nbsp;&nbsp; 275142 |
| Standard Building Solutions, Inc. (Building Products)<br> (a) | 6.250% | 08/01/2033 | &nbsp;&nbsp; 250000 | &nbsp;&nbsp; 247189 |
| Stena International SA (Marine Transportation)<br> (a) | 7.250% | 01/15/2031 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 202106 |
| Stonepeak Nile Parent LLC (Air Freight & Logistics)<br> (a) | 7.250% | 03/15/2032 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1040097 |
| TransDigm, Inc. (Aerospace & Defense)<br> (a) | 6.125% | 07/31/2034 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 983542 |
| United Airlines Holdings, Inc. (Passenger Airlines) | 4.875% | 03/01/2029 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 489041 |
| United Rentals North America, Inc. (Trading Companies & Distributors) | 4.875% | 01/15/2028 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 199132 |
| WESCO Distribution, Inc. (Trading Companies & Distributors)<br> (a) | 6.375% | 03/15/2029 | &nbsp;&nbsp; 225000 | &nbsp;&nbsp; 229030 |
|  |  |  |  | &nbsp;&nbsp; 11534560 |
| **Information Technology–9.0%** |  |  |  |  |
| ASGN, Inc. (IT Svs.)<br> (a) | 4.625% | 05/15/2028 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 968089 |
| Cloud Software Group, Inc. (Software)<br> (a) | 6.500% | 03/31/2029 | &nbsp;&nbsp; 450000 | &nbsp;&nbsp; 439007 |
| Cloud Software Group, Inc. (Software)<br> (a) | 9.000% | 09/30/2029 | &nbsp;&nbsp; 390000 | &nbsp;&nbsp; 376223 |
| Cloud Software Group, Inc. (Software)<br> (a) | 8.250% | 06/30/2032 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 189687 |
| Connect Finco SARL / Connect U.S. Finco LLC (Tech. Hardware, Storage & Periph.)<br> (a) | 9.000% | 09/15/2029 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1050540 |
| Consensus Cloud Solutions, Inc. (Software)<br> (a) | 6.500% | 10/15/2028 | &nbsp;&nbsp; 145000 | &nbsp;&nbsp; 143640 |
| CoreWeave, Inc. (IT Svs.)<br> (a) | 9.250% | 06/01/2030 | &nbsp;&nbsp; 350000 | &nbsp;&nbsp; 340081 |
| CoreWeave, Inc. (IT Svs.)<br> (a) | 9.000% | 02/01/2031 | &nbsp;&nbsp; 125000 | &nbsp;&nbsp; 118940 |
| Entegris, Inc. (Semiconductors & Equip.)<br> (a) | 3.625% | 05/01/2029 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 950476 |
| Entegris, Inc. (Semiconductors & Equip.)<br> (a) | 5.950% | 06/15/2030 | &nbsp;&nbsp; 130000 | &nbsp;&nbsp; 130820 |
| Flash Compute LLC (Software)<br> (a) | 7.250% | 12/31/2030 | &nbsp;&nbsp; 750000 | &nbsp;&nbsp; 755093 |
| Go Daddy Operating Co. LLC / GD Finance Co., Inc. (IT Svs.)<br> (a) | 5.250% | 12/01/2027 | &nbsp;&nbsp; 125000 | &nbsp;&nbsp; 124490 |
| Imola Merger Corp. (Electronic Equip., Instr. & Comp.)<br> (a) | 4.750% | 05/15/2029 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 971934 |
| Insight Enterprises, Inc. (Electronic Equip., Instr. & Comp.)<br> (a) | 6.625% | 05/15/2032 | &nbsp;&nbsp; 325000 | &nbsp;&nbsp; 313675 |
| ION Platform Finance U.S., Inc. / ION Platform Finance SARL (Software)<br> (a) | 5.750% | 05/15/2028 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 948855 |
| Kioxia Holdings Corp. (Semiconductors & Equip.)<br> (a) | 6.625% | 07/24/2033 | &nbsp;&nbsp; 250000 | &nbsp;&nbsp; 256956 |
| NCR Voyix Corp. (Software)<br> (a) | 5.000% | 10/01/2028 | &nbsp;&nbsp; 135000 | &nbsp;&nbsp; 130076 |
| Open Text Corp. (Software)<br> (a) | 6.900% | 12/01/2027 | &nbsp;&nbsp; 175000 | &nbsp;&nbsp; 179616 |
| Open Text Corp. (Software)<br> (a) | 3.875% | 12/01/2029 | &nbsp;&nbsp; 350000 | &nbsp;&nbsp; 312779 |
| Rocket Software, Inc. (Software)<br> (a) | 9.000% | 11/28/2028 | &nbsp;&nbsp; 225000 | &nbsp;&nbsp; 224662 |
| Rocket Software, Inc. (Software)<br> (a) | 6.500% | 02/15/2029 | &nbsp;&nbsp; 650000 | &nbsp;&nbsp; 584995 |
| Seagate Data Storage Technology Pte. Ltd. (Tech. Hardware, Storage & Periph.)<br> (a) | 8.250% | 12/15/2029 | &nbsp;&nbsp; 150000 | &nbsp;&nbsp; 157528 |
| Synaptics, Inc. (Semiconductors & Equip.)<br> (a) | 4.000% | 06/15/2029 | &nbsp;&nbsp; 250000 | &nbsp;&nbsp; 236728 |
| Viavi Solutions, Inc. (Communications Equip.)<br> (a) | 3.750% | 10/01/2029 | &nbsp;&nbsp; 275000 | &nbsp;&nbsp; 258013 |
| Zebra Technologies Corp. (Electronic Equip., Instr. & Comp.)<br> (a) | 6.500% | 06/01/2032 | &nbsp;&nbsp; 130000 | &nbsp;&nbsp; 130886 |
|  |  |  |  | &nbsp;&nbsp; 10293789 |
| **Materials–8.6%** |  |  |  |  |
| Ball Corp. (Containers & Packaging) | 2.875% | 08/15/2030 | &nbsp;&nbsp; 165000 | &nbsp;&nbsp; 150179 |
| Celanese U.S. Holdings LLC (Chemicals) | 7.375% | 02/15/2034 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1024524 |
| Chemours Co. / The (Chemicals)<br> (a) | 8.000% | 01/15/2033 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 502730 |
| Clearwater Paper Corp. (Paper & Forest Products)<br> (a) | 4.750% | 08/15/2028 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 173000 |
| Cleveland-Cliffs, Inc. (Metals & Mining)<br> (a) | 4.875% | 03/01/2031 | &nbsp;&nbsp; 305000 | &nbsp;&nbsp; 273940 |
| Cleveland-Cliffs, Inc. (Metals & Mining)<br> (a) | 7.500% | 09/15/2031 | &nbsp;&nbsp; 105000 | &nbsp;&nbsp; 104733 |
| Cleveland-Cliffs, Inc. (Metals & Mining)<br> (a) | 7.000% | 03/15/2032 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 193510 |
| Cleveland-Cliffs, Inc. (Metals & Mining)<br> (a) | 7.375% | 05/01/2033 | &nbsp;&nbsp; 150000 | &nbsp;&nbsp; 146741 |
| Cleveland-Cliffs, Inc. (Metals & Mining)<br> (a) | 7.625% | 01/15/2034 | &nbsp;&nbsp; 125000 | &nbsp;&nbsp; 122121 |
| Clydesdale Acquisition Holdings, Inc. (Containers & Packaging)<br> (a) | 8.750% | 04/15/2030 | &nbsp;&nbsp; 225000 | &nbsp;&nbsp; 209942 |
| FMC Corp. (Chemicals) | 5.650% | 05/18/2033 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 884826 |
| Graphic Packaging International LLC (Containers & Packaging)<br> (a) | 4.750% | 07/15/2027 | &nbsp;&nbsp; 150000 | &nbsp;&nbsp; 148744 |
| Graphic Packaging International LLC (Containers & Packaging)<br> (a) | 3.500% | 03/15/2028 | &nbsp;&nbsp; 110000 | &nbsp;&nbsp; 105693 |
| Huntsman International LLC (Chemicals) | 2.950% | 06/15/2031 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 829442 |
| James Hardie International Finance DAC (Construction Materials)<br> (a) | 5.000% | 01/15/2028 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 992716 |
| Magnera Corp. (Paper & Forest Products)<br> (a) | 4.750% | 11/15/2029 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 902765 |
| Mauser Packaging Solutions Holding Co. (Containers & Packaging)<br> (a) | 7.875% | 04/15/2030 | &nbsp;&nbsp; 150000 | &nbsp;&nbsp; 150000 |
| Maxam Prill SARL (Chemicals)<br> (a) | 7.750% | 07/15/2030 | &nbsp;&nbsp; 425000 | &nbsp;&nbsp; 431954 |
| Olin Corp. (Chemicals)<br> (a) | 6.625% | 04/01/2033 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 978226 |
| Sealed Air Corp. (Containers & Packaging)<br> (a) | 4.000% | 12/01/2027 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 199500 |
| Sealed Air Corp. (Containers & Packaging)<br> (a) | 6.500% | 07/15/2032 | &nbsp;&nbsp; 275000 | &nbsp;&nbsp; 288464 |
| Standard Industries, Inc. (Construction Materials)<br> (a) | 4.750% | 01/15/2028 | &nbsp;&nbsp; 105000 | &nbsp;&nbsp; 103791 |
| SunCoke Energy, Inc. (Metals & Mining)<br> (a) | 4.875% | 06/30/2029 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 902363 |
|  |  |  |  | &nbsp;&nbsp; 9819904 |
| **Real Estate–2.0%** |  |  |  |  |
| Brandywine Operating Partnership LP (Office REITs) | 4.550% | 10/01/2029 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 911777 |
| Howard Hughes Corp. / The (Real Estate Mgmt. & Development)<br> (a) | 5.875% | 03/01/2032 | &nbsp;&nbsp; 250000 | &nbsp;&nbsp; 240571 |
| Hudson Pacific Properties LP (Office REITs) | 3.950% | 11/01/2027 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 943512 |
| Outfront Media Capital LLC / Outfront Media Capital Corp. (Specialized REITs)<br> (a) | 7.375% | 02/15/2031 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 208543 |
|  |  |  |  | &nbsp;&nbsp; 2304403 |
| **Utilities–4.3%** |  |  |  |  |
| DPL LLC (Electric Utilities) | 4.350% | 04/15/2029 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 959788 |
| NRG Energy, Inc. (Electric Utilities)<br> (a) | 5.750% | 07/15/2029 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 199701 |
| PacifiCorp (Rate is fixed until 08/15/2031, then H15T5Y + 329) (Electric Utilities)<br> (c) | 7.125% | 08/15/2056 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 944679 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP High Income Bond Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Corporate Bonds (Continued)** | **Rate** | **Maturity** | **Face Amount** | **Value** |
| **Utilities (continued)** |  |  |  |  |
| PG&E Corp. (Rate is fixed until 09/15/2031, then H15T5Y + 323) (Electric Utilities)<br> (c) | 6.850% | 09/15/2056 | &nbsp;&nbsp; $1000000 | &nbsp;&nbsp; $988128 |
| Vistra Operations Co. LLC (Ind. Power & Renewable Elec.)<br> (a) | 5.000% | 07/31/2027 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 199294 |
| Vistra Operations Co. LLC (Ind. Power & Renewable Elec.)<br> (a) | 7.750% | 10/15/2031 | &nbsp;&nbsp; 350000 | &nbsp;&nbsp; 366619 |
| VoltaGrid LLC (Electric Utilities)<br> (a) | 7.375% | 11/01/2030 | &nbsp;&nbsp; 250000 | &nbsp;&nbsp; 258202 |
| XPLR Infrastructure Operating Partners LP (Ind. Power & Renewable Elec.)<br> (a) | 7.750% | 04/15/2034 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1032752 |
|  |  |  |  | &nbsp;&nbsp; 4949163 |
| **Total Corporate Bonds (Cost $112,222,648)** |  |  |  | &nbsp;&nbsp; $110658619 |

---

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

---

| | | | |
|:---|:---|:---|:---|
| **Preferred Securities–2.7%** | **Rate** | **Quantity** | **Value** |
| **Financials–2.7%** |  |  |  |
| Citigroup, Inc. (Rate is fixed until 05/15/2031, then H15T5Y + 275) (Banks)<br> (c) | 6.500% | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; $1995148 |
| General Motors Financial Co., Inc. (Rate is fixed until 09/30/2027, then QL + 360) (Consumer Finance)<br> (c) | 5.750% | &nbsp;&nbsp; 145000 | &nbsp;&nbsp; 141175 |
| Wells Fargo & Co. (Rate is fixed until 06/15/2031, then H15T5Y + 234) (Banks)<br> (c) | 6.125% | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1003764 |
| **Total Preferred Securities (Cost $3,144,482)** |  |  | &nbsp;&nbsp; $3140087 |

---

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

---

| | | |
|:---|:---|:---|
| **Common Stocks–0.0%** | **Shares** | **Value** |
| **Communication Services–0.0%** |  |  |
| Audacy, Inc. (Media)<br> (d)(e) | &nbsp;&nbsp; 527 | &nbsp;&nbsp; $14450 |
| **Total Common Stocks (Cost $357,285)** |  | &nbsp;&nbsp; $14450 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Warrants–0.0%** | **Expiration** | **Strike Price** | **Quantity** | **Value** |
| **Communication Services–0.0%** |  |  |  |  |
| Audacy, Inc. Second Lien Warrants (Media)<br> (d)(e) | 09/30/2028 | &nbsp;&nbsp; $77.10 | &nbsp;&nbsp; 106 | &nbsp;&nbsp; $— |
| Audacy, Inc. Second Lien Warrants (with Black-Scholes protections) (Media)<br> (d)(e) | 09/30/2028 | 77.10 | &nbsp;&nbsp; 638 | &nbsp;&nbsp; — |
| **Total Warrants (Cost $215)** |  |  |  | &nbsp;&nbsp; $— |
| **Total Investments – 99.5% (Cost $115,724,630)**<br> (f) |  |  |  | &nbsp;&nbsp; $113813156 |
| **Other Assets in Excess of Liabilities – 0.5%** |  |  |  | &nbsp;&nbsp; 566729 |
| **Net Assets – 100.0%** |  |  |  | &nbsp;&nbsp; $114379885 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

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

---

| | |
|:---|:---|
| Abbreviations: | Abbreviations: |
| &nbsp;&nbsp;&nbsp;&nbsp; H15T5Y: | U.S. Treasury Yield Curve Rate T-Note Constant Maturity 5 Year, 3.920% at 3/31/2026 |
| &nbsp;&nbsp;&nbsp;&nbsp; PIK: | Payment-in-Kind |
| &nbsp;&nbsp;&nbsp;&nbsp; QL: | Quarterly U.S. LIBOR Rate. This rate is linked to U.S. LIBOR, which is no longer published. An alternate reference rate will be determined by the issuer prior <br> to the date the security becomes a variable rate instrument.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; REITs: | Real Estate Investment Trusts |
| &nbsp;&nbsp;&nbsp;&nbsp; SOFR: | Secured Overnight Financing Rate, 3.680% at 3/31/2026 |

---

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

---

| | |
|:---|:---|
| Footnotes: | Footnotes: |
| &nbsp;&nbsp;&nbsp;&nbsp; (a) | Security exempt from registration under Regulation D of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, <br> normally to qualified buyers under Rule 144A. At March 31, 2026, the value of these securities totaled $86,728,643, or 75.8% of the Portfolio's net assets.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (b) | Issuer of the security has the option to make coupon payments in cash or in additional par value of this bond (Payment-in-Kind). |
| &nbsp;&nbsp;&nbsp;&nbsp; (c) | Security is a fixed-then-variable rate instrument in which the coupon or dividend rate is fixed until a later specified date, then is adjusted periodically. Rates <br> stated, including interest rate caps and floors, if any, are those in effect at March 31, 2026.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (d) | Level 3 security in accordance with the fair value hierarchy, value determined using significant unobservable inputs. |
| &nbsp;&nbsp;&nbsp;&nbsp; (e) | Non-income producing security. |
| &nbsp;&nbsp;&nbsp;&nbsp; (f) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 4 of the Notes to Schedules of <br> Investments.<br>|

---

The accompanying notes are an integral part of these financial statements. <br>

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Nasdaq-100**<sup>®</sup> **Index Portfolio**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

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

---

| | | |
|:---|:---|:---|
| **Common Stocks–99.1%** | **Shares** | **Value** |
| **Communication Services–15.2%** |  |  |
| &nbsp;&nbsp;&nbsp; Alphabet, Inc. Class A (Interactive Media & <br> Svs.)<br>| &nbsp;&nbsp; 28339 | &nbsp;&nbsp; $8149163 |
| &nbsp;&nbsp;&nbsp; Alphabet, Inc. Class C (Interactive Media & <br> Svs.)<br>| &nbsp;&nbsp; 26485 | &nbsp;&nbsp; 7597487 |
| Charter Communications, Inc. Class A (Media)<br> (a) | &nbsp;&nbsp; 1706 | &nbsp;&nbsp; 368291 |
| &nbsp;&nbsp;&nbsp; Comcast Corp. Class A (Diversified Telecom. <br> Svs.)<br>| &nbsp;&nbsp; 48395 | &nbsp;&nbsp; 1389421 |
| Electronic Arts, Inc. (Entertainment) | &nbsp;&nbsp; 3299 | &nbsp;&nbsp; 672567 |
| &nbsp;&nbsp;&nbsp; Meta Platforms, Inc. Class A (Interactive <br> Media & Svs.)<br>| &nbsp;&nbsp; 14363 | &nbsp;&nbsp; 8217503 |
| Netflix, Inc. (Entertainment)<br> (a) | &nbsp;&nbsp; 56739 | &nbsp;&nbsp; 5455455 |
| &nbsp;&nbsp;&nbsp; Take-Two Interactive Software, Inc. <br> (Entertainment)<br>(a) | &nbsp;&nbsp; 2502 | &nbsp;&nbsp; 494145 |
| T-Mobile U.S., Inc. (Wireless Telecom. Svs.) | &nbsp;&nbsp; 14804 | &nbsp;&nbsp; 3109284 |
| Warner Bros. Discovery, Inc. (Entertainment)<br> (a) | &nbsp;&nbsp; 33338 | &nbsp;&nbsp; 915462 |
|  |  | &nbsp;&nbsp; 36368778 |
| **Consumer Discretionary–12.5%** |  |  |
| &nbsp;&nbsp;&nbsp; Airbnb, Inc. Class A (Hotels, Restaurants & <br> Leisure)<br>(a) | &nbsp;&nbsp; 5693 | &nbsp;&nbsp; 718912 |
| Amazon.com, Inc. (Broadline Retail)<br> (a) | &nbsp;&nbsp; 52269 | &nbsp;&nbsp; 10886065 |
| &nbsp;&nbsp;&nbsp; Booking Holdings, Inc. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 426 | &nbsp;&nbsp; 1793596 |
| &nbsp;&nbsp;&nbsp; DoorDash, Inc. Class A (Hotels, Restaurants & <br> Leisure)<br>(a) | &nbsp;&nbsp; 5524 | &nbsp;&nbsp; 829429 |
| &nbsp;&nbsp;&nbsp; Marriott International, Inc. Class A (Hotels, <br> Restaurants & Leisure)<br>| &nbsp;&nbsp; 3552 | &nbsp;&nbsp; 1161753 |
| MercadoLibre, Inc. (Broadline Retail)<br> (a) | &nbsp;&nbsp; 682 | &nbsp;&nbsp; 1179192 |
| O'Reilly Automotive, Inc. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 11233 | &nbsp;&nbsp; 1036918 |
| PDD Holdings, Inc. – ADR (Broadline Retail)<br> (a) | &nbsp;&nbsp; 8972 | &nbsp;&nbsp; 916759 |
| Ross Stores, Inc. (Specialty Retail) | &nbsp;&nbsp; 4328 | &nbsp;&nbsp; 937575 |
| &nbsp;&nbsp;&nbsp; Starbucks Corp. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 15328 | &nbsp;&nbsp; 1373235 |
| Tesla, Inc. (Automobiles)<br> (a) | &nbsp;&nbsp; 24322 | &nbsp;&nbsp; 9041703 |
|  |  | &nbsp;&nbsp; 29875137 |
| **Consumer Staples–8.5%** |  |  |
| &nbsp;&nbsp;&nbsp; Coca-Cola Europacific Partners PLC <br> (Beverages)<br>| &nbsp;&nbsp; 6086 | &nbsp;&nbsp; 551818 |
| &nbsp;&nbsp;&nbsp; Costco Wholesale Corp. (Consumer Staples <br> Distribution & Retail)<br>| &nbsp;&nbsp; 5956 | &nbsp;&nbsp; 5934737 |
| Keurig Dr Pepper, Inc. (Beverages) | &nbsp;&nbsp; 18456 | &nbsp;&nbsp; 485946 |
| Kraft Heinz Co. / The (Food Products) | &nbsp;&nbsp; 16073 | &nbsp;&nbsp; 361482 |
| &nbsp;&nbsp;&nbsp; Mondelez International, Inc. Class A <br> (Food Products)<br>| &nbsp;&nbsp; 17262 | &nbsp;&nbsp; 994982 |
| Monster Beverage Corp. (Beverages)<br> (a) | &nbsp;&nbsp; 13144 | &nbsp;&nbsp; 952414 |
| PepsiCo, Inc. (Beverages) | &nbsp;&nbsp; 18369 | &nbsp;&nbsp; 2852522 |
| &nbsp;&nbsp;&nbsp; Walmart, Inc. (Consumer Staples Distribution <br> & Retail)<br>| &nbsp;&nbsp; 65687 | &nbsp;&nbsp; 8163580 |
|  |  | &nbsp;&nbsp; 20297481 |
| **Energy–0.7%** |  |  |
| Baker Hughes Co. (Energy Equip. & Svs.) | &nbsp;&nbsp; 13396 | &nbsp;&nbsp; 817826 |
| &nbsp;&nbsp;&nbsp; Diamondback Energy, Inc. (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 3817 | &nbsp;&nbsp; 754964 |
|  |  | &nbsp;&nbsp; 1572790 |
| **Financials–0.2%** |  |  |
| PayPal Holdings, Inc. (Financial Services) | &nbsp;&nbsp; 12462 | &nbsp;&nbsp; 563656 |
| **Health Care–5.1%** |  |  |
| &nbsp;&nbsp;&nbsp; Alnylam Pharmaceuticals, Inc. <br> (Biotechnology)<br>(a) | &nbsp;&nbsp; 1775 | &nbsp;&nbsp; 587294 |
| Amgen, Inc. (Biotechnology) | &nbsp;&nbsp; 7239 | &nbsp;&nbsp; 2547042 |
| Dexcom, Inc. (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 5209 | &nbsp;&nbsp; 327125 |
| &nbsp;&nbsp;&nbsp; GE HealthCare Technologies, Inc. (Health Care <br> Equip. & Supplies)<br>| &nbsp;&nbsp; 6195 | &nbsp;&nbsp; 440960 |
| Gilead Sciences, Inc. (Biotechnology) | &nbsp;&nbsp; 16686 | &nbsp;&nbsp; 2325528 |
| &nbsp;&nbsp;&nbsp; IDEXX Laboratories, Inc. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 1071 | &nbsp;&nbsp; 601784 |
| Insmed, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 2928 | &nbsp;&nbsp; 478787 |
| &nbsp;&nbsp;&nbsp; Intuitive Surgical, Inc. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 4778 | &nbsp;&nbsp; 2202610 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Health Care (continued)** |  |  |
| &nbsp;&nbsp;&nbsp; Regeneron Pharmaceuticals, Inc. <br> (Biotechnology)<br>| &nbsp;&nbsp; 1402 | &nbsp;&nbsp; $1083242 |
| Vertex Pharmaceuticals, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 3416 | &nbsp;&nbsp; 1525381 |
|  |  | &nbsp;&nbsp; 12119753 |
| **Industrials–4.1%** |  |  |
| &nbsp;&nbsp;&nbsp; Automatic Data Processing, Inc. <br> (Professional Svs.)<br>| &nbsp;&nbsp; 5367 | &nbsp;&nbsp; 1090467 |
| Axon Enterprise, Inc. (Aerospace & Defense)<br> (a) | &nbsp;&nbsp; 1089 | &nbsp;&nbsp; 462487 |
| Cintas Corp. (Commercial Svs. & Supplies) | &nbsp;&nbsp; 5289 | &nbsp;&nbsp; 894582 |
| Copart, Inc. (Commercial Svs. & Supplies)<br> (a) | &nbsp;&nbsp; 13012 | &nbsp;&nbsp; 431998 |
| CSX Corp. (Ground Transportation) | &nbsp;&nbsp; 24924 | &nbsp;&nbsp; 1023130 |
| &nbsp;&nbsp;&nbsp; Fastenal Co. (Trading Companies & <br> Distributors)<br>| &nbsp;&nbsp; 15434 | &nbsp;&nbsp; 716138 |
| Ferrovial SE (Construction & Engineering) | &nbsp;&nbsp; 9758 | &nbsp;&nbsp; 634758 |
| &nbsp;&nbsp;&nbsp; Honeywell International, Inc. <br> (Industrial Conglomerates)<br>| &nbsp;&nbsp; 8609 | &nbsp;&nbsp; 1945892 |
| &nbsp;&nbsp;&nbsp; Old Dominion Freight Line, Inc. <br> (Ground Transportation)<br>| &nbsp;&nbsp; 2843 | &nbsp;&nbsp; 555522 |
| PACCAR, Inc. (Machinery) | &nbsp;&nbsp; 7170 | &nbsp;&nbsp; 828135 |
| Paychex, Inc. (Professional Svs.) | &nbsp;&nbsp; 4825 | &nbsp;&nbsp; 444479 |
| Thomson Reuters Corp. (Professional Svs.) | &nbsp;&nbsp; 5997 | &nbsp;&nbsp; 539610 |
| Verisk Analytics, Inc. (Professional Svs.) | &nbsp;&nbsp; 1838 | &nbsp;&nbsp; 348761 |
|  |  | &nbsp;&nbsp; 9915959 |
| **Information Technology–49.9%** |  |  |
| Adobe, Inc. (Software)<br> (a) | &nbsp;&nbsp; 5477 | &nbsp;&nbsp; 1331349 |
| &nbsp;&nbsp;&nbsp; Advanced Micro Devices, Inc. <br> (Semiconductors & Equip.)<br>(a) | &nbsp;&nbsp; 21893 | &nbsp;&nbsp; 4453693 |
| &nbsp;&nbsp;&nbsp; Analog Devices, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 6584 | &nbsp;&nbsp; 2094634 |
| &nbsp;&nbsp;&nbsp; Apple, Inc. (Tech. Hardware, Storage & <br> Periph.)<br>| &nbsp;&nbsp; 71509 | &nbsp;&nbsp; 18148269 |
| &nbsp;&nbsp;&nbsp; Applied Materials, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 10712 | &nbsp;&nbsp; 3661255 |
| AppLovin Corp. Class A (Software)<br> (a) | &nbsp;&nbsp; 4131 | &nbsp;&nbsp; 1644138 |
| &nbsp;&nbsp;&nbsp; ARM Holdings PLC – ADR (Semiconductors & <br> Equip.)<br>(a) | &nbsp;&nbsp; 1876 | &nbsp;&nbsp; 283801 |
| ASML Holding N.V. (Semiconductors & Equip.) | &nbsp;&nbsp; 1180 | &nbsp;&nbsp; 1558579 |
| Atlassian Corp. Class A (Software)<br> (a) | &nbsp;&nbsp; 2315 | &nbsp;&nbsp; 157999 |
| Autodesk, Inc. (Software)<br> (a) | &nbsp;&nbsp; 2831 | &nbsp;&nbsp; 677741 |
| Broadcom, Inc. (Semiconductors & Equip.) | &nbsp;&nbsp; 23001 | &nbsp;&nbsp; 7119040 |
| Cadence Design Systems, Inc. (Software)<br> (a) | &nbsp;&nbsp; 3713 | &nbsp;&nbsp; 1031731 |
| Cisco Systems, Inc. (Communications Equip.) | &nbsp;&nbsp; 53272 | &nbsp;&nbsp; 4133375 |
| &nbsp;&nbsp;&nbsp; Cognizant Technology Solutions Corp. Class A <br> (IT Svs.)<br>| &nbsp;&nbsp; 6436 | &nbsp;&nbsp; 394849 |
| Crowdstrike Holdings, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 3393 | &nbsp;&nbsp; 1324661 |
| Datadog, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 4426 | &nbsp;&nbsp; 522489 |
| Fortinet, Inc. (Software)<br> (a) | &nbsp;&nbsp; 9912 | &nbsp;&nbsp; 810009 |
| Intel Corp. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 64144 | &nbsp;&nbsp; 2830675 |
| Intuit, Inc. (Software) | &nbsp;&nbsp; 3722 | &nbsp;&nbsp; 1609318 |
| KLA Corp. (Semiconductors & Equip.) | &nbsp;&nbsp; 1767 | &nbsp;&nbsp; 2601748 |
| &nbsp;&nbsp;&nbsp; Lam Research Corp. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 16888 | &nbsp;&nbsp; 3608290 |
| &nbsp;&nbsp;&nbsp; Marvell Technology, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 11594 | &nbsp;&nbsp; 1148386 |
| &nbsp;&nbsp;&nbsp; Microchip Technology, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 7246 | &nbsp;&nbsp; 468164 |
| &nbsp;&nbsp;&nbsp; Micron Technology, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 15133 | &nbsp;&nbsp; 5112533 |
| Microsoft Corp. (Software) | &nbsp;&nbsp; 36139 | &nbsp;&nbsp; 13377574 |
| &nbsp;&nbsp;&nbsp; Monolithic Power Systems, Inc. <br> (Semiconductors & Equip.)<br>| &nbsp;&nbsp; 644 | &nbsp;&nbsp; 704117 |
| NVIDIA Corp. (Semiconductors & Equip.) | &nbsp;&nbsp; 118360 | &nbsp;&nbsp; 20641984 |
| &nbsp;&nbsp;&nbsp; NXP Semiconductors N.V. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 3386 | &nbsp;&nbsp; 666568 |
| Palantir Technologies, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 30815 | &nbsp;&nbsp; 4507618 |
| Palo Alto Networks, Inc. (Software)<br> (a) | &nbsp;&nbsp; 10973 | &nbsp;&nbsp; 1759191 |
| QUALCOMM, Inc. (Semiconductors & Equip.) | &nbsp;&nbsp; 14403 | &nbsp;&nbsp; 1854818 |
| Roper Technologies, Inc. (Software) | &nbsp;&nbsp; 1376 | &nbsp;&nbsp; 486911 |
| &nbsp;&nbsp;&nbsp; Seagate Technology Holdings PLC (Tech. <br> Hardware, Storage & Periph.)<br>| &nbsp;&nbsp; 2955 | &nbsp;&nbsp; 1157651 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Nasdaq-100**<sup>®</sup> **Index Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Information Technology (continued)** |  |  |
| Shopify, Inc. Class A (IT Svs.)<br> (a) | &nbsp;&nbsp; 16501 | &nbsp;&nbsp; $1957349 |
| Strategy, Inc. (Software)<br> (a) | &nbsp;&nbsp; 4259 | &nbsp;&nbsp; 531523 |
| Synopsys, Inc. (Software)<br> (a) | &nbsp;&nbsp; 2580 | &nbsp;&nbsp; 1022918 |
| &nbsp;&nbsp;&nbsp; Texas Instruments, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 12219 | &nbsp;&nbsp; 2372197 |
| &nbsp;&nbsp;&nbsp; Western Digital Corp. (Tech. Hardware, <br> Storage & Periph.)<br>| &nbsp;&nbsp; 4594 | &nbsp;&nbsp; 1242631 |
| Workday, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 2872 | &nbsp;&nbsp; 373130 |
| Zscaler, Inc. (Software)<br> (a) | &nbsp;&nbsp; 2175 | &nbsp;&nbsp; 305131 |
|  |  | &nbsp;&nbsp; 119688037 |
| **Materials–1.3%** |  |  |
| Linde PLC (Chemicals) | &nbsp;&nbsp; 6240 | &nbsp;&nbsp; 3093542 |
| **Real Estate–0.1%** |  |  |
| &nbsp;&nbsp;&nbsp; CoStar Group, Inc. (Real Estate Mgmt. & <br> Development)<br>(a) | &nbsp;&nbsp; 5655 | &nbsp;&nbsp; 228123 |
| **Utilities–1.5%** |  |  |
| &nbsp;&nbsp;&nbsp; American Electric Power Co., Inc. <br> (Electric Utilities)<br>| &nbsp;&nbsp; 7218 | &nbsp;&nbsp; 946135 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Utilities (continued)** |  |  |
| Constellation Energy Corp. (Electric Utilities) | &nbsp;&nbsp; 4892 | &nbsp;&nbsp; $1366091 |
| Exelon Corp. (Electric Utilities) | &nbsp;&nbsp; 13772 | &nbsp;&nbsp; 675103 |
| Xcel Energy, Inc. (Electric Utilities) | &nbsp;&nbsp; 8358 | &nbsp;&nbsp; 663960 |
|  |  | &nbsp;&nbsp; 3651289 |
| **Total Common Stocks (Cost $148,897,905)** |  | &nbsp;&nbsp; $237374545 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **U.S. Treasury Obligations–0.0%** | **Rate** | **Maturity**  | **Face Amount** | **Value** |
| U.S. Treasury Bill<br> (b)(c) | 3.633% | 05/14/2026 | &nbsp;&nbsp; $113000 | &nbsp;&nbsp; $112509 |
| **Total U.S. Treasury Obligations (Cost $112,513)** | **Total U.S. Treasury Obligations (Cost $112,513)** | **Total U.S. Treasury Obligations (Cost $112,513)** | **Total U.S. Treasury Obligations (Cost $112,513)** | &nbsp;&nbsp; $112509 |
| **Total Investments – 99.1% (Cost $149,010,418)** | **Total Investments – 99.1% (Cost $149,010,418)** | **Total Investments – 99.1% (Cost $149,010,418)** | (d) | &nbsp;&nbsp; $237487054 |
| **Other Assets in Excess of Liabilities – 0.9%** | **Other Assets in Excess of Liabilities – 0.9%** | **Other Assets in Excess of Liabilities – 0.9%** |  | &nbsp;&nbsp; 2165094 |
| **Net Assets – 100.0%** | **Net Assets – 100.0%** | **Net Assets – 100.0%** | **Net Assets – 100.0%** | &nbsp;&nbsp; $239652148 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

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

Abbreviations: <br> ADR: American Depositary Receipts

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

---

| | |
|:---|:---|
| Footnotes: | Footnotes: |
| &nbsp;&nbsp;&nbsp;&nbsp; (a) | Non-income producing security. |
| &nbsp;&nbsp;&nbsp;&nbsp; (b) | Security is fully pledged as collateral for the futures contracts outstanding at March 31, 2026. The value of securities pledged totaled $111,378. See also the <br> following Schedule of Open Futures Contracts.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (c) | Zero coupon bond. Rate disclosed is the current yield as of March 31, 2026 |
| &nbsp;&nbsp;&nbsp;&nbsp; (d) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 4 of the Notes to Schedules of <br> Investments.<br>|

---

The accompanying notes are an integral part of these financial statements.

**Schedule of Open Futures Contracts**

**March 31, 2026 (Unaudited)** 

**Long Futures Contracts** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **contracts**<br>| **Expiration Date** | **Notional**<br> **Amount**<br>| **Value** | **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Variation Margin** <br> **Receivable** <br> **(Payable)**<br>|
| CME E-mini Nasdaq-100 Index - Long | 3 | June 18, 2026 | &nbsp;&nbsp; $1463051 | &nbsp;&nbsp; $1434900 | &nbsp;&nbsp; $(28151)<br>| &nbsp;&nbsp; $82215 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$1463051** | &nbsp;&nbsp; **$1434900** | &nbsp;&nbsp; **$(28151)**<br>| &nbsp;&nbsp; **$82215** |

---

The accompanying notes are an integral part of these financial statements. <br>

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP BlackRock Advantage Large Cap Core Portfolio**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

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

---

| | | |
|:---|:---|:---|
| **Common Stocks–98.2%** | **Shares** | **Value** |
| **Communication Services–10.6%** |  |  |
| &nbsp;&nbsp;&nbsp; Alphabet, Inc. Class A (Interactive Media & <br> Svs.)<br>| &nbsp;&nbsp; 34201 | &nbsp;&nbsp; $9834840 |
| &nbsp;&nbsp;&nbsp; Alphabet, Inc. Class C (Interactive Media & <br> Svs.)<br>| &nbsp;&nbsp; 26273 | &nbsp;&nbsp; 7536673 |
| AT&T, Inc. (Diversified Telecom. Svs.) | &nbsp;&nbsp; 42519 | &nbsp;&nbsp; 1232626 |
| &nbsp;&nbsp;&nbsp; Comcast Corp. Class A (Diversified Telecom. <br> Svs.)<br>| &nbsp;&nbsp; 42949 | &nbsp;&nbsp; 1233066 |
| Fox Corp. Class B (Media) | &nbsp;&nbsp; 793 | &nbsp;&nbsp; 42108 |
| &nbsp;&nbsp;&nbsp; Meta Platforms, Inc. Class A (Interactive <br> Media & Svs.)<br>| &nbsp;&nbsp; 12625 | &nbsp;&nbsp; 7223141 |
| Netflix, Inc. (Entertainment)<br> (a) | &nbsp;&nbsp; 28431 | &nbsp;&nbsp; 2733641 |
| &nbsp;&nbsp;&nbsp; Take-Two Interactive Software, Inc. <br> (Entertainment)<br>(a) | &nbsp;&nbsp; 5993 | &nbsp;&nbsp; 1183617 |
| T-Mobile U.S., Inc. (Wireless Telecom. Svs.) | &nbsp;&nbsp; 4399 | &nbsp;&nbsp; 923922 |
| Trade Desk, Inc. / The Class A (Media)<br> (a) | &nbsp;&nbsp; 30916 | &nbsp;&nbsp; 701484 |
|  |  | &nbsp;&nbsp; 32645118 |
| **Consumer Discretionary–10.2%** |  |  |
| Amazon.com, Inc. (Broadline Retail)<br> (a) | &nbsp;&nbsp; 63844 | &nbsp;&nbsp; 13296790 |
| &nbsp;&nbsp;&nbsp; Booking Holdings, Inc. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 309 | &nbsp;&nbsp; 1300989 |
| BorgWarner, Inc. (Automobile Components) | &nbsp;&nbsp; 21398 | &nbsp;&nbsp; 1161055 |
| Carnival Corp. (Hotels, Restaurants & Leisure) | &nbsp;&nbsp; 15783 | &nbsp;&nbsp; 408464 |
| &nbsp;&nbsp;&nbsp; Chipotle Mexican Grill, Inc. (Hotels, <br> Restaurants & Leisure)<br>(a) | &nbsp;&nbsp; 29701 | &nbsp;&nbsp; 950729 |
| Garmin Ltd. (Household Durables) | &nbsp;&nbsp; 1833 | &nbsp;&nbsp; 425274 |
| Home Depot, Inc. / The (Specialty Retail) | &nbsp;&nbsp; 4245 | &nbsp;&nbsp; 1396138 |
| &nbsp;&nbsp;&nbsp; McDonald's Corp. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 2858 | &nbsp;&nbsp; 888238 |
| MercadoLibre, Inc. (Broadline Retail)<br> (a) | &nbsp;&nbsp; 444 | &nbsp;&nbsp; 767685 |
| O'Reilly Automotive, Inc. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 8393 | &nbsp;&nbsp; 774758 |
| Tesla, Inc. (Automobiles)<br> (a) | &nbsp;&nbsp; 14009 | &nbsp;&nbsp; 5207846 |
| TJX Cos., Inc. / The (Specialty Retail) | &nbsp;&nbsp; 20937 | &nbsp;&nbsp; 3343639 |
| Toll Brothers, Inc. (Household Durables) | &nbsp;&nbsp; 6256 | &nbsp;&nbsp; 853756 |
| &nbsp;&nbsp;&nbsp; Viking Holdings Ltd. (Hotels, Restaurants & <br> Leisure)<br>(a) | &nbsp;&nbsp; 8909 | &nbsp;&nbsp; 654633 |
|  |  | &nbsp;&nbsp; 31429994 |
| **Consumer Staples–4.7%** |  |  |
| Altria Group, Inc. (Tobacco) | &nbsp;&nbsp; 9411 | &nbsp;&nbsp; 621032 |
| Coca-Cola Co. / The (Beverages) | &nbsp;&nbsp; 29284 | &nbsp;&nbsp; 2227048 |
| &nbsp;&nbsp;&nbsp; Costco Wholesale Corp. (Consumer Staples <br> Distribution & Retail)<br>| &nbsp;&nbsp; 3777 | &nbsp;&nbsp; 3763516 |
| General Mills, Inc. (Food Products) | &nbsp;&nbsp; 19283 | &nbsp;&nbsp; 717714 |
| &nbsp;&nbsp;&nbsp; Procter & Gamble Co. / The <br> (Household Products)<br>| &nbsp;&nbsp; 20655 | &nbsp;&nbsp; 2983408 |
| &nbsp;&nbsp;&nbsp; Walmart, Inc. (Consumer Staples Distribution & <br> Retail)<br>| &nbsp;&nbsp; 32140 | &nbsp;&nbsp; 3994359 |
|  |  | &nbsp;&nbsp; 14307077 |
| **Energy–3.9%** |  |  |
| &nbsp;&nbsp;&nbsp; Cheniere Energy, Inc. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 4248 | &nbsp;&nbsp; 1205413 |
| Chevron Corp. (Oil, Gas & Consumable Fuels) | &nbsp;&nbsp; 18387 | &nbsp;&nbsp; 3804270 |
| &nbsp;&nbsp;&nbsp; Devon Energy Corp. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 45420 | &nbsp;&nbsp; 2285534 |
| &nbsp;&nbsp;&nbsp; Exxon Mobil Corp. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 9346 | &nbsp;&nbsp; 1585642 |
| &nbsp;&nbsp;&nbsp; Marathon Petroleum Corp. (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 2785 | &nbsp;&nbsp; 680041 |
| Phillips 66 (Oil, Gas & Consumable Fuels) | &nbsp;&nbsp; 6438 | &nbsp;&nbsp; 1172875 |
| SLB Ltd. (Energy Equip. & Svs.) | &nbsp;&nbsp; 13637 | &nbsp;&nbsp; 700806 |
| &nbsp;&nbsp;&nbsp; Valero Energy Corp. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 2540 | &nbsp;&nbsp; 627583 |
|  |  | &nbsp;&nbsp; 12062164 |
| **Financials–12.6%** |  |  |
| American Express Co. (Consumer Finance) | &nbsp;&nbsp; 3590 | &nbsp;&nbsp; 1085903 |
| Bank of America Corp. (Banks) | &nbsp;&nbsp; 86605 | &nbsp;&nbsp; 4221994 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Financials (continued)** |  |  |
| &nbsp;&nbsp;&nbsp; Berkshire Hathaway, Inc. Class B <br> (Financial Services)<br>(a) | &nbsp;&nbsp; 6012 | &nbsp;&nbsp; $2880950 |
| Charles Schwab Corp. / The (Capital Markets) | &nbsp;&nbsp; 29720 | &nbsp;&nbsp; 2793086 |
| Citigroup, Inc. (Banks) | &nbsp;&nbsp; 11562 | &nbsp;&nbsp; 1311247 |
| CME Group, Inc. (Capital Markets) | &nbsp;&nbsp; 3975 | &nbsp;&nbsp; 1174016 |
| Credicorp Ltd. (Banks) | &nbsp;&nbsp; 1907 | &nbsp;&nbsp; 646816 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group, Inc. / The <br> (Capital Markets)<br>| &nbsp;&nbsp; 2576 | &nbsp;&nbsp; 2179270 |
| Huntington Bancshares, Inc. (Banks) | &nbsp;&nbsp; 37176 | &nbsp;&nbsp; 581804 |
| &nbsp;&nbsp;&nbsp; Intercontinental Exchange, Inc. <br> (Capital Markets)<br>| &nbsp;&nbsp; 8339 | &nbsp;&nbsp; 1311558 |
| JPMorgan Chase & Co. (Banks) | &nbsp;&nbsp; 15381 | &nbsp;&nbsp; 4524475 |
| Mastercard, Inc. Class A (Financial Services) | &nbsp;&nbsp; 5164 | &nbsp;&nbsp; 2580244 |
| MetLife, Inc. (Insurance) | &nbsp;&nbsp; 8057 | &nbsp;&nbsp; 569791 |
| Morgan Stanley (Capital Markets) | &nbsp;&nbsp; 18119 | &nbsp;&nbsp; 2981844 |
| Progressive Corp. / The (Insurance) | &nbsp;&nbsp; 6643 | &nbsp;&nbsp; 1316908 |
| Travelers Cos., Inc. / The (Insurance) | &nbsp;&nbsp; 10237 | &nbsp;&nbsp; 2985928 |
| Visa, Inc. (Financial Services) | &nbsp;&nbsp; 13506 | &nbsp;&nbsp; 4082054 |
| Wells Fargo & Co. (Banks) | &nbsp;&nbsp; 16255 | &nbsp;&nbsp; 1294061 |
|  |  | &nbsp;&nbsp; 38521949 |
| **Health Care–9.0%** |  |  |
| AbbVie, Inc. (Biotechnology) | &nbsp;&nbsp; 11124 | &nbsp;&nbsp; 2419359 |
| Amgen, Inc. (Biotechnology) | &nbsp;&nbsp; 3343 | &nbsp;&nbsp; 1176234 |
| Biogen, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 3922 | &nbsp;&nbsp; 719020 |
| &nbsp;&nbsp;&nbsp; Boston Scientific Corp. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 17243 | &nbsp;&nbsp; 1081998 |
| Bristol-Myers Squibb Co. (Pharmaceuticals) | &nbsp;&nbsp; 59146 | &nbsp;&nbsp; 3587205 |
| &nbsp;&nbsp;&nbsp; Cardinal Health, Inc. (Health Care Providers & <br> Svs.)<br>| &nbsp;&nbsp; 9210 | &nbsp;&nbsp; 1946165 |
| Eli Lilly & Co. (Pharmaceuticals) | &nbsp;&nbsp; 3428 | &nbsp;&nbsp; 3152972 |
| Gilead Sciences, Inc. (Biotechnology) | &nbsp;&nbsp; 9061 | &nbsp;&nbsp; 1262832 |
| &nbsp;&nbsp;&nbsp; HCA Healthcare, Inc. (Health Care Providers & <br> Svs.)<br>| &nbsp;&nbsp; 1347 | &nbsp;&nbsp; 637454 |
| &nbsp;&nbsp;&nbsp; Intuitive Surgical, Inc. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 1514 | &nbsp;&nbsp; 697939 |
| Johnson & Johnson (Pharmaceuticals) | &nbsp;&nbsp; 6268 | &nbsp;&nbsp; 1532150 |
| &nbsp;&nbsp;&nbsp; McKesson Corp. (Health Care Providers & <br> Svs.)<br>| &nbsp;&nbsp; 1327 | &nbsp;&nbsp; 1148333 |
| Natera, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 3722 | &nbsp;&nbsp; 744363 |
| Pfizer, Inc. (Pharmaceuticals) | &nbsp;&nbsp; 51024 | &nbsp;&nbsp; 1432754 |
| &nbsp;&nbsp;&nbsp; Regeneron Pharmaceuticals, Inc. <br> (Biotechnology)<br>| &nbsp;&nbsp; 1585 | &nbsp;&nbsp; 1224634 |
| Stryker Corp. (Health Care Equip. & Supplies) | &nbsp;&nbsp; 4183 | &nbsp;&nbsp; 1374492 |
| &nbsp;&nbsp;&nbsp; UnitedHealth Group, Inc. (Health Care <br> Providers & Svs.)<br>| &nbsp;&nbsp; 6551 | &nbsp;&nbsp; 1772635 |
| &nbsp;&nbsp;&nbsp; Veeva Systems, Inc. Class A (Health Care <br> Technology)<br>(a) | &nbsp;&nbsp; 3492 | &nbsp;&nbsp; 613405 |
| Vertex Pharmaceuticals, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 2156 | &nbsp;&nbsp; 962740 |
|  |  | &nbsp;&nbsp; 27486684 |
| **Industrials–9.2%** |  |  |
| 3M Co. (Industrial Conglomerates) | &nbsp;&nbsp; 24129 | &nbsp;&nbsp; 3504255 |
| Boeing Co. / The (Aerospace & Defense)<br> (a) | &nbsp;&nbsp; 3396 | &nbsp;&nbsp; 675906 |
| Caterpillar, Inc. (Machinery) | &nbsp;&nbsp; 4595 | &nbsp;&nbsp; 3255374 |
| &nbsp;&nbsp;&nbsp; Comfort Systems U.S.A., Inc. (Construction & <br> Engineering)<br>| &nbsp;&nbsp; 1189 | &nbsp;&nbsp; 1639619 |
| Copart, Inc. (Commercial Svs. & Supplies)<br> (a) | &nbsp;&nbsp; 16095 | &nbsp;&nbsp; 534354 |
| Eaton Corp. PLC (Electrical Equip.) | &nbsp;&nbsp; 3260 | &nbsp;&nbsp; 1166004 |
| &nbsp;&nbsp;&nbsp; Ferguson Enterprises, Inc. (Trading Companies <br> & Distributors)<br>| &nbsp;&nbsp; 2444 | &nbsp;&nbsp; 570087 |
| GE Vernova, Inc. (Electrical Equip.) | &nbsp;&nbsp; 931 | &nbsp;&nbsp; 812670 |
| &nbsp;&nbsp;&nbsp; General Dynamics Corp. (Aerospace & <br> Defense)<br>| &nbsp;&nbsp; 1380 | &nbsp;&nbsp; 473644 |
| &nbsp;&nbsp;&nbsp; General Electric Co. (Operating as "GE <br> Aerospace") (Aerospace & Defense)<br>| &nbsp;&nbsp; 6572 | &nbsp;&nbsp; 1864936 |
| HEICO Corp. Class A (Aerospace & Defense) | &nbsp;&nbsp; 1883 | &nbsp;&nbsp; 397483 |
| Illinois Tool Works, Inc. (Machinery) | &nbsp;&nbsp; 2318 | &nbsp;&nbsp; 603352 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP BlackRock Advantage Large Cap Core Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Industrials (continued)** |  |  |
| Leidos Holdings, Inc. (Professional Svs.) | &nbsp;&nbsp; 2438 | &nbsp;&nbsp; $379158 |
| &nbsp;&nbsp;&nbsp; Lockheed Martin Corp. (Aerospace & <br> Defense)<br>| &nbsp;&nbsp; 2311 | &nbsp;&nbsp; 1396745 |
| MasTec, Inc. (Construction & Engineering)<br> (a) | &nbsp;&nbsp; 3355 | &nbsp;&nbsp; 1079438 |
| &nbsp;&nbsp;&nbsp; Northrop Grumman Corp. (Aerospace & <br> Defense)<br>| &nbsp;&nbsp; 1087 | &nbsp;&nbsp; 741595 |
| Parker-Hannifin Corp. (Machinery) | &nbsp;&nbsp; 3610 | &nbsp;&nbsp; 3231816 |
| Rockwell Automation, Inc. (Electrical Equip.) | &nbsp;&nbsp; 1860 | &nbsp;&nbsp; 667517 |
| RTX Corp. (Aerospace & Defense) | &nbsp;&nbsp; 14136 | &nbsp;&nbsp; 2726834 |
| Trane Technologies PLC (Building Products) | &nbsp;&nbsp; 2686 | &nbsp;&nbsp; 1119364 |
| Union Pacific Corp. (Ground Transportation) | &nbsp;&nbsp; 6102 | &nbsp;&nbsp; 1480467 |
|  |  | &nbsp;&nbsp; 28320618 |
| **Information Technology–32.7%** |  |  |
| Adobe, Inc. (Software)<br> (a) | &nbsp;&nbsp; 5362 | &nbsp;&nbsp; 1303395 |
| &nbsp;&nbsp;&nbsp; Advanced Micro Devices, Inc. <br> (Semiconductors & Equip.)<br>(a) | &nbsp;&nbsp; 8682 | &nbsp;&nbsp; 1766179 |
| &nbsp;&nbsp;&nbsp; Amphenol Corp. Class A (Electronic Equip., <br> Instr. & Comp.)<br>| &nbsp;&nbsp; 10617 | &nbsp;&nbsp; 1341458 |
| &nbsp;&nbsp;&nbsp; Apple, Inc. (Tech. Hardware, Storage & <br> Periph.)<br>| &nbsp;&nbsp; 90877 | &nbsp;&nbsp; 23063674 |
| &nbsp;&nbsp;&nbsp; Applied Materials, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 6686 | &nbsp;&nbsp; 2285208 |
| Arista Networks, Inc. (Communications Equip.)<br> (a) | &nbsp;&nbsp; 7961 | &nbsp;&nbsp; 977452 |
| Broadcom, Inc. (Semiconductors & Equip.) | &nbsp;&nbsp; 26474 | &nbsp;&nbsp; 8193968 |
| &nbsp;&nbsp;&nbsp; Dell Technologies, Inc. Class C (Tech. <br> Hardware, Storage & Periph.)<br>| &nbsp;&nbsp; 3007 | &nbsp;&nbsp; 493539 |
| Intel Corp. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 24569 | &nbsp;&nbsp; 1084230 |
| Intuit, Inc. (Software) | &nbsp;&nbsp; 1399 | &nbsp;&nbsp; 604900 |
| &nbsp;&nbsp;&nbsp; Lam Research Corp. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 14218 | &nbsp;&nbsp; 3037818 |
| &nbsp;&nbsp;&nbsp; Micron Technology, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 9232 | &nbsp;&nbsp; 3118939 |
| Microsoft Corp. (Software) | &nbsp;&nbsp; 45685 | &nbsp;&nbsp; 16911216 |
| &nbsp;&nbsp;&nbsp; Motorola Solutions, Inc. <br> (Communications Equip.)<br>| &nbsp;&nbsp; 3605 | &nbsp;&nbsp; 1564462 |
| NVIDIA Corp. (Semiconductors & Equip.) | &nbsp;&nbsp; 147355 | &nbsp;&nbsp; 25698712 |
| Oracle Corp. (Software) | &nbsp;&nbsp; 7384 | &nbsp;&nbsp; 1086260 |
| Palantir Technologies, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 7109 | &nbsp;&nbsp; 1039904 |
| QUALCOMM, Inc. (Semiconductors & Equip.) | &nbsp;&nbsp; 9105 | &nbsp;&nbsp; 1172542 |
| Salesforce, Inc. (Software) | &nbsp;&nbsp; 8647 | &nbsp;&nbsp; 1614135 |
| &nbsp;&nbsp;&nbsp; Sandisk Corp. (Tech. Hardware, Storage & <br> Periph.)<br>(a) | &nbsp;&nbsp; 1300 | &nbsp;&nbsp; 825942 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Information Technology (continued)** |  |  |
| &nbsp;&nbsp;&nbsp; Seagate Technology Holdings PLC (Tech. <br> Hardware, Storage & Periph.)<br>| &nbsp;&nbsp; 1304 | &nbsp;&nbsp; $510855 |
| ServiceNow, Inc. (Software)<br> (a) | &nbsp;&nbsp; 5215 | &nbsp;&nbsp; 545228 |
| Synopsys, Inc. (Software)<br> (a) | &nbsp;&nbsp; 1045 | &nbsp;&nbsp; 414322 |
| &nbsp;&nbsp;&nbsp; Texas Instruments, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 4309 | &nbsp;&nbsp; 836549 |
| &nbsp;&nbsp;&nbsp; Western Digital Corp. (Tech. Hardware, <br> Storage & Periph.)<br>| &nbsp;&nbsp; 3328 | &nbsp;&nbsp; 900191 |
|  |  | &nbsp;&nbsp; 100391078 |
| **Materials–1.7%** |  |  |
| Alcoa Corp. (Metals & Mining) | &nbsp;&nbsp; 14818 | &nbsp;&nbsp; 982878 |
| Freeport-McMoRan, Inc. (Metals & Mining) | &nbsp;&nbsp; 32014 | &nbsp;&nbsp; 1881783 |
| &nbsp;&nbsp;&nbsp; LyondellBasell Industries N.V. Class A <br> (Chemicals)<br>| &nbsp;&nbsp; 7465 | &nbsp;&nbsp; 601380 |
| Newmont Corp. (Metals & Mining) | &nbsp;&nbsp; 10207 | &nbsp;&nbsp; 1104908 |
| Vulcan Materials Co. (Construction Materials) | &nbsp;&nbsp; 1823 | &nbsp;&nbsp; 496403 |
|  |  | &nbsp;&nbsp; 5067352 |
| **Real Estate–1.3%** |  |  |
| American Tower Corp. (Specialized REITs) | &nbsp;&nbsp; 6996 | &nbsp;&nbsp; 1207370 |
| CubeSmart (Specialized REITs) | &nbsp;&nbsp; 10105 | &nbsp;&nbsp; 370348 |
| &nbsp;&nbsp;&nbsp; Host Hotels & Resorts, Inc. (Hotel & Resort <br> REITs)<br>| &nbsp;&nbsp; 28479 | &nbsp;&nbsp; 545658 |
| Ventas, Inc. (Health Care REITs) | &nbsp;&nbsp; 7112 | &nbsp;&nbsp; 581619 |
| VICI Properties, Inc. (Specialized REITs) | &nbsp;&nbsp; 46345 | &nbsp;&nbsp; 1266145 |
|  |  | &nbsp;&nbsp; 3971140 |
| **Utilities–2.3%** |  |  |
| Edison International (Electric Utilities) | &nbsp;&nbsp; 10005 | &nbsp;&nbsp; 732166 |
| Entergy Corp. (Electric Utilities) | &nbsp;&nbsp; 11255 | &nbsp;&nbsp; 1264612 |
| NextEra Energy, Inc. (Electric Utilities) | &nbsp;&nbsp; 12002 | &nbsp;&nbsp; 1114746 |
| PG&E Corp. (Electric Utilities) | &nbsp;&nbsp; 53097 | &nbsp;&nbsp; 932914 |
| Pinnacle West Capital Corp. (Electric Utilities) | &nbsp;&nbsp; 6928 | &nbsp;&nbsp; 697996 |
| Vistra Corp. (Ind. Power & Renewable Elec.) | &nbsp;&nbsp; 2959 | &nbsp;&nbsp; 444826 |
| WEC Energy Group, Inc. (Multi-Utilities) | &nbsp;&nbsp; 15306 | &nbsp;&nbsp; 1771976 |
|  |  | &nbsp;&nbsp; 6959236 |
| **Total Common Stocks (Cost $224,128,187)** |  | &nbsp;&nbsp; $301162410 |
| **Total Investments – 98.2% (Cost $224,128,187)**<br> (b) |  | &nbsp;&nbsp; $301162410 |
| **Other Assets in Excess of Liabilities – 1.8%**<br> (c) |  | &nbsp;&nbsp; 5601253 |
| **Net Assets – 100.0%** | **Net Assets – 100.0%** | &nbsp;&nbsp; $306763663 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

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

Abbreviations: <br> REITs: Real Estate Investment Trusts

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

---

| | |
|:---|:---|
| Footnotes: | Footnotes: |
| &nbsp;&nbsp;&nbsp;&nbsp; (a) | Non-income producing security. |
| &nbsp;&nbsp;&nbsp;&nbsp; (b) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 4 of the Notes to Schedules of <br> Investments.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (c) | Includes $291,903 of cash pledged as collateral for the futures contracts outstanding at March 31, 2026. See also the following Schedule of Open Futures <br> Contracts.<br>|

---

The accompanying notes are an integral part of these financial statements.

**Schedule of Open Futures Contracts**

**March 31, 2026 (Unaudited)** 

**Long Futures Contracts** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **contracts**<br>| **Expiration Date** | **Notional**<br> **Amount**<br>| **Value** | **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Variation Margin** <br> **Receivable** <br> **(Payable)**<br>|
| CME E-mini S&P 500 Index - Long | 12 | June 18, 2026 | &nbsp;&nbsp; $4005787 | &nbsp;&nbsp; $3942450 | &nbsp;&nbsp; $(63337)<br>| &nbsp;&nbsp; $124414 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$4005787** | &nbsp;&nbsp; **$3942450** | &nbsp;&nbsp; **$(63337)**<br>| &nbsp;&nbsp; **$124414** |

---

The accompanying notes are an integral part of these financial statements. <br>

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP BlackRock Advantage Small Cap Growth Portfolio**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

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

---

| | | |
|:---|:---|:---|
| **Common Stocks–97.9%** | **Shares** | **Value** |
| **Communication Services–1.9%** |  |  |
| Cinemark Holdings, Inc. (Entertainment) | &nbsp;&nbsp; 8793 | &nbsp;&nbsp; $250776 |
| &nbsp;&nbsp;&nbsp; EverQuote, Inc. Class A (Interactive Media & <br> Svs.)<br>(a) | &nbsp;&nbsp; 13215 | &nbsp;&nbsp; 203775 |
| &nbsp;&nbsp;&nbsp; fuboTV, Inc. Class A (Interactive Media & <br> Svs.)<br>(a) | &nbsp;&nbsp; 2222 | &nbsp;&nbsp; 21020 |
| Globalstar, Inc. (Diversified Telecom. Svs.)<br> (a) | &nbsp;&nbsp; 3970 | &nbsp;&nbsp; 263688 |
| IDT Corp. Class B (Diversified Telecom. Svs.) | &nbsp;&nbsp; 4549 | &nbsp;&nbsp; 223356 |
| IMAX Corp. (Entertainment)<br> (a) | &nbsp;&nbsp; 3976 | &nbsp;&nbsp; 151128 |
| &nbsp;&nbsp;&nbsp; Iridium Communications, Inc. (Diversified <br> Telecom. Svs.)<br>| &nbsp;&nbsp; 2014 | &nbsp;&nbsp; 55868 |
| &nbsp;&nbsp;&nbsp; Lumen Technologies, Inc. (Diversified <br> Telecom. Svs.)<br>(a) | &nbsp;&nbsp; 77381 | &nbsp;&nbsp; 537798 |
| Magnite, Inc. (Media)<br> (a) | &nbsp;&nbsp; 15956 | &nbsp;&nbsp; 189557 |
| Marcus Corp. / The (Entertainment) | &nbsp;&nbsp; 1411 | &nbsp;&nbsp; 24227 |
| &nbsp;&nbsp;&nbsp; MediaAlpha, Inc. Class A (Interactive Media & <br> Svs.)<br>(a) | &nbsp;&nbsp; 5437 | &nbsp;&nbsp; 50564 |
| QuinStreet, Inc. (Interactive Media & Svs.)<br> (a) | &nbsp;&nbsp; 28036 | &nbsp;&nbsp; 336713 |
| Spok Holdings, Inc. (Wireless Telecom. Svs.) | &nbsp;&nbsp; 6040 | &nbsp;&nbsp; 65836 |
| Starz Entertainment Corp. (Entertainment)<br> (a) | &nbsp;&nbsp; 2820 | &nbsp;&nbsp; 32430 |
|  |  | &nbsp;&nbsp; 2406736 |
| **Consumer Discretionary–6.6%** |  |  |
| &nbsp;&nbsp;&nbsp; Abercrombie & Fitch Co. Class A <br> (Specialty Retail)<br>(a) | &nbsp;&nbsp; 4378 | &nbsp;&nbsp; 400018 |
| &nbsp;&nbsp;&nbsp; Accel Entertainment, Inc. (Hotels, Restaurants <br> & Leisure)<br>(a) | &nbsp;&nbsp; 2189 | &nbsp;&nbsp; 23882 |
| Adient PLC (Automobile Components)<br> (a) | &nbsp;&nbsp; 3889 | &nbsp;&nbsp; 78597 |
| &nbsp;&nbsp;&nbsp; American Eagle Outfitters, Inc. <br> (Specialty Retail)<br>| &nbsp;&nbsp; 1635 | &nbsp;&nbsp; 27305 |
| &nbsp;&nbsp;&nbsp; American Public Education, Inc. (Diversified <br> Consumer Svs.)<br>(a) | &nbsp;&nbsp; 734 | &nbsp;&nbsp; 41750 |
| Aramark (Hotels, Restaurants & Leisure) | &nbsp;&nbsp; 13455 | &nbsp;&nbsp; 545466 |
| Arhaus, Inc. (Specialty Retail) | &nbsp;&nbsp; 8145 | &nbsp;&nbsp; 55223 |
| Boot Barn Holdings, Inc. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 3536 | &nbsp;&nbsp; 517529 |
| &nbsp;&nbsp;&nbsp; Brinker International, Inc. (Hotels, Restaurants <br> & Leisure)<br>(a) | &nbsp;&nbsp; 3742 | &nbsp;&nbsp; 534245 |
| Buckle, Inc. / The (Specialty Retail) | &nbsp;&nbsp; 756 | &nbsp;&nbsp; 38072 |
| Cavco Industries, Inc. (Household Durables)<br> (a) | &nbsp;&nbsp; 343 | &nbsp;&nbsp; 166111 |
| Champion Homes, Inc. (Household Durables)<br> (a) | &nbsp;&nbsp; 3945 | &nbsp;&nbsp; 293390 |
| Citi Trends, Inc. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 342 | &nbsp;&nbsp; 14815 |
| Covista, Inc. (Diversified Consumer Svs.)<br> (a) | &nbsp;&nbsp; 3819 | &nbsp;&nbsp; 440140 |
| Dauch Corp. (Automobile Components)<br> (a) | &nbsp;&nbsp; 2928 | &nbsp;&nbsp; 17363 |
| Dillard's, Inc. Class A (Broadline Retail) | &nbsp;&nbsp; 79 | &nbsp;&nbsp; 45197 |
| &nbsp;&nbsp;&nbsp; Dutch Bros, Inc. Class A (Hotels, Restaurants <br> & Leisure)<br>(a) | &nbsp;&nbsp; 386 | &nbsp;&nbsp; 19555 |
| EVgo, Inc. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 17586 | &nbsp;&nbsp; 30248 |
| Frontdoor, Inc. (Diversified Consumer Svs.)<br> (a) | &nbsp;&nbsp; 6015 | &nbsp;&nbsp; 317953 |
| Garrett Motion, Inc. (Automobile Components) | &nbsp;&nbsp; 4256 | &nbsp;&nbsp; 77332 |
| &nbsp;&nbsp;&nbsp; Genius Sports Ltd. (Hotels, Restaurants & <br> Leisure)<br>(a) | &nbsp;&nbsp; 7649 | &nbsp;&nbsp; 33885 |
| &nbsp;&nbsp;&nbsp; Green Brick Partners, Inc. <br> (Household Durables)<br>(a) | &nbsp;&nbsp; 449 | &nbsp;&nbsp; 28938 |
| &nbsp;&nbsp;&nbsp; Installed Building Products, Inc. <br> (Household Durables)<br>| &nbsp;&nbsp; 2291 | &nbsp;&nbsp; 607459 |
| &nbsp;&nbsp;&nbsp; Kontoor Brands, Inc. (Textiles, Apparel & <br> Luxury Goods)<br>| &nbsp;&nbsp; 2046 | &nbsp;&nbsp; 143813 |
| &nbsp;&nbsp;&nbsp; Laureate Education, Inc. (Diversified <br> Consumer Svs.)<br>(a) | &nbsp;&nbsp; 9645 | &nbsp;&nbsp; 336032 |
| &nbsp;&nbsp;&nbsp; Life Time Group Holdings, Inc. (Hotels, <br> Restaurants & Leisure)<br>(a) | &nbsp;&nbsp; 10579 | &nbsp;&nbsp; 284998 |
| &nbsp;&nbsp;&nbsp; Lindblad Expeditions Holdings, Inc. (Hotels, <br> Restaurants & Leisure)<br>(a) | &nbsp;&nbsp; 11640 | &nbsp;&nbsp; 201372 |
| Macy's, Inc. (Broadline Retail) | &nbsp;&nbsp; 9182 | &nbsp;&nbsp; 166102 |
| &nbsp;&nbsp;&nbsp; Navan, Inc. Class A (Hotels, Restaurants & <br> Leisure)<br>(a) | &nbsp;&nbsp; 1709 | &nbsp;&nbsp; 22627 |
| Newell Brands, Inc. (Household Durables) | &nbsp;&nbsp; 18586 | &nbsp;&nbsp; 63750 |
| &nbsp;&nbsp;&nbsp; Ollie's Bargain Outlet Holdings, Inc. <br> (Broadline Retail)<br>(a) | &nbsp;&nbsp; 950 | &nbsp;&nbsp; 87438 |
| &nbsp;&nbsp;&nbsp; OneSpaWorld Holdings Ltd. (Diversified <br> Consumer Svs.)<br>| &nbsp;&nbsp; 5393 | &nbsp;&nbsp; 123769 |
| &nbsp;&nbsp;&nbsp; Penske Automotive Group, Inc. <br> (Specialty Retail)<br>| &nbsp;&nbsp; 591 | &nbsp;&nbsp; 88366 |
| Pool Corp. (Distributors) | &nbsp;&nbsp; 79 | &nbsp;&nbsp; 15984 |
| &nbsp;&nbsp;&nbsp; Pursuit Attractions and Hospitality, Inc. <br> (Hotels, Restaurants & Leisure)<br>(a) | &nbsp;&nbsp; 562 | &nbsp;&nbsp; 20586 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Consumer Discretionary (continued)** |  |  |
| &nbsp;&nbsp;&nbsp; QuantumScape Corp. <br> (Automobile Components)<br>(a) | &nbsp;&nbsp; 9514 | &nbsp;&nbsp; $60699 |
| RealReal, Inc. / The (Specialty Retail)<br> (a) | &nbsp;&nbsp; 7472 | &nbsp;&nbsp; 67846 |
| Revolve Group, Inc. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 9834 | &nbsp;&nbsp; 222347 |
| &nbsp;&nbsp;&nbsp; Rush Street Interactive, Inc. (Hotels, <br> Restaurants & Leisure)<br>(a) | &nbsp;&nbsp; 9474 | &nbsp;&nbsp; 206059 |
| &nbsp;&nbsp;&nbsp; Shake Shack, Inc. Class A (Hotels, <br> Restaurants & Leisure)<br>(a) | &nbsp;&nbsp; 1048 | &nbsp;&nbsp; 92717 |
| Sleep Number Corp. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 1361 | &nbsp;&nbsp; 2443 |
| &nbsp;&nbsp;&nbsp; Sonic Automotive, Inc. Class A <br> (Specialty Retail)<br>| &nbsp;&nbsp; 3716 | &nbsp;&nbsp; 254806 |
| Sonos, Inc. (Household Durables)<br> (a) | &nbsp;&nbsp; 3823 | &nbsp;&nbsp; 51228 |
| &nbsp;&nbsp;&nbsp; Standard Motor Products, Inc. <br> (Automobile Components)<br>| &nbsp;&nbsp; 2790 | &nbsp;&nbsp; 96925 |
| Stitch Fix, Inc. Class A (Specialty Retail)<br> (a) | &nbsp;&nbsp; 14844 | &nbsp;&nbsp; 49134 |
| &nbsp;&nbsp;&nbsp; Strategic Education, Inc. (Diversified <br> Consumer Svs.)<br>| &nbsp;&nbsp; 280 | &nbsp;&nbsp; 23229 |
| Stride, Inc. (Diversified Consumer Svs.)<br> (a) | &nbsp;&nbsp; 3430 | &nbsp;&nbsp; 302423 |
| Thor Industries, Inc. (Automobiles) | &nbsp;&nbsp; 487 | &nbsp;&nbsp; 38906 |
| ThredUp, Inc. Class A (Specialty Retail)<br> (a) | &nbsp;&nbsp; 7647 | &nbsp;&nbsp; 25082 |
| &nbsp;&nbsp;&nbsp; Travel + Leisure Co. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 1326 | &nbsp;&nbsp; 91746 |
| &nbsp;&nbsp;&nbsp; Universal Technical Institute, Inc. (Diversified <br> Consumer Svs.)<br>(a) | &nbsp;&nbsp; 3969 | &nbsp;&nbsp; 143281 |
| Urban Outfitters, Inc. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 4680 | &nbsp;&nbsp; 296478 |
| Victoria's Secret & Co. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 3142 | &nbsp;&nbsp; 145663 |
| Winnebago Industries, Inc. (Automobiles) | &nbsp;&nbsp; 1699 | &nbsp;&nbsp; 52652 |
|  |  | &nbsp;&nbsp; 8132974 |
| **Consumer Staples–2.1%** |  |  |
| &nbsp;&nbsp;&nbsp; Andersons, Inc. / The (Consumer Staples <br> Distribution & Retail)<br>| &nbsp;&nbsp; 699 | &nbsp;&nbsp; 50174 |
| &nbsp;&nbsp;&nbsp; BJ's Wholesale Club Holdings, Inc. (Consumer <br> Staples Distribution & Retail)<br>(a) | &nbsp;&nbsp; 3644 | &nbsp;&nbsp; 358643 |
| Cal-Maine Foods, Inc. (Food Products) | &nbsp;&nbsp; 2395 | &nbsp;&nbsp; 189564 |
| &nbsp;&nbsp;&nbsp; Central Garden & Pet Co. <br> (Household Products)<br>(a) | &nbsp;&nbsp; 1090 | &nbsp;&nbsp; 40079 |
| &nbsp;&nbsp;&nbsp; Chefs' Warehouse, Inc. / The (Consumer <br> Staples Distribution & Retail)<br>(a) | &nbsp;&nbsp; 5990 | &nbsp;&nbsp; 356106 |
| Marzetti Company / The (Food Products) | &nbsp;&nbsp; 1367 | &nbsp;&nbsp; 189097 |
| National Beverage Corp. (Beverages)<br> (a) | &nbsp;&nbsp; 535 | &nbsp;&nbsp; 18003 |
| &nbsp;&nbsp;&nbsp; Natural Grocers by Vitamin Cottage, Inc. <br> (Consumer Staples Distribution & Retail)<br>| &nbsp;&nbsp; 3251 | &nbsp;&nbsp; 84038 |
| &nbsp;&nbsp;&nbsp; PriceSmart, Inc. (Consumer Staples <br> Distribution & Retail)<br>| &nbsp;&nbsp; 4082 | &nbsp;&nbsp; 614341 |
| &nbsp;&nbsp;&nbsp; Sprouts Farmers Market, Inc. (Consumer <br> Staples Distribution & Retail)<br>(a) | &nbsp;&nbsp; 2897 | &nbsp;&nbsp; 223446 |
| Turning Point Brands, Inc. (Tobacco) | &nbsp;&nbsp; 653 | &nbsp;&nbsp; 56674 |
| &nbsp;&nbsp;&nbsp; United Natural Foods, Inc. (Consumer Staples <br> Distribution & Retail)<br>(a) | &nbsp;&nbsp; 3257 | &nbsp;&nbsp; 146760 |
| Vita Coco Co., Inc. / The (Beverages)<br> (a) | &nbsp;&nbsp; 3642 | &nbsp;&nbsp; 174488 |
| Vital Farms, Inc. (Food Products)<br> (a) | &nbsp;&nbsp; 4305 | &nbsp;&nbsp; 60787 |
|  |  | &nbsp;&nbsp; 2562200 |
| **Energy–3.7%** |  |  |
| Archrock, Inc. (Energy Equip. & Svs.) | &nbsp;&nbsp; 19716 | &nbsp;&nbsp; 686117 |
| &nbsp;&nbsp;&nbsp; Ardmore Shipping Corp. (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 9087 | &nbsp;&nbsp; 138577 |
| Cactus, Inc. Class A (Energy Equip. & Svs.) | &nbsp;&nbsp; 1163 | &nbsp;&nbsp; 55091 |
| &nbsp;&nbsp;&nbsp; Centrus Energy Corp. Class A (Oil, Gas & <br> Consumable Fuels)<br>(a) | &nbsp;&nbsp; 1023 | &nbsp;&nbsp; 177583 |
| &nbsp;&nbsp;&nbsp; Clean Energy Fuels Corp. (Oil, Gas & <br> Consumable Fuels)<br>(a) | &nbsp;&nbsp; 10637 | &nbsp;&nbsp; 26380 |
| &nbsp;&nbsp;&nbsp; CVR Energy, Inc. (Oil, Gas & Consumable <br> Fuels)<br>(a) | &nbsp;&nbsp; 5021 | &nbsp;&nbsp; 168957 |
| &nbsp;&nbsp;&nbsp; Delek U.S. Holdings, Inc. (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 7064 | &nbsp;&nbsp; 318374 |
| &nbsp;&nbsp;&nbsp; Energy Fuels, Inc. (Oil, Gas & Consumable <br> Fuels)<br>(a) | &nbsp;&nbsp; 5875 | &nbsp;&nbsp; 107219 |
| &nbsp;&nbsp;&nbsp; International Seaways, Inc. (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 928 | &nbsp;&nbsp; 67633 |
| &nbsp;&nbsp;&nbsp; Kodiak Gas Services, Inc. (Energy Equip. & <br> Svs.)<br>| &nbsp;&nbsp; 4165 | &nbsp;&nbsp; 242903 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP BlackRock Advantage Small Cap Growth Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Energy (continued)** |  |  |
| &nbsp;&nbsp;&nbsp; Magnolia Oil & Gas Corp. Class A (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 9336 | &nbsp;&nbsp; $294738 |
| &nbsp;&nbsp;&nbsp; Oceaneering International, Inc. (Energy Equip. <br> & Svs.)<br>(a) | &nbsp;&nbsp; 8558 | &nbsp;&nbsp; 303552 |
| &nbsp;&nbsp;&nbsp; Par Pacific Holdings, Inc. (Oil, Gas & <br> Consumable Fuels)<br>(a) | &nbsp;&nbsp; 837 | &nbsp;&nbsp; 52430 |
| &nbsp;&nbsp;&nbsp; Patterson-UTI Energy, Inc. (Energy Equip. & <br> Svs.)<br>| &nbsp;&nbsp; 27023 | &nbsp;&nbsp; 292659 |
| &nbsp;&nbsp;&nbsp; PBF Energy, Inc. Class A (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 383 | &nbsp;&nbsp; 18238 |
| ProPetro Holding Corp. (Energy Equip. & Svs.)<br> (a) | &nbsp;&nbsp; 7930 | &nbsp;&nbsp; 114271 |
| &nbsp;&nbsp;&nbsp; Sable Offshore Corp. (Oil, Gas & Consumable <br> Fuels)<br>(a) | &nbsp;&nbsp; 2472 | &nbsp;&nbsp; 40837 |
| &nbsp;&nbsp;&nbsp; Scorpio Tankers, Inc. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 2440 | &nbsp;&nbsp; 182170 |
| &nbsp;&nbsp;&nbsp; Solaris Energy Infrastructure, Inc. (Energy <br> Equip. & Svs.)<br>| &nbsp;&nbsp; 3153 | &nbsp;&nbsp; 178176 |
| Tidewater, Inc. (Energy Equip. & Svs.)<br> (a) | &nbsp;&nbsp; 4847 | &nbsp;&nbsp; 404967 |
| &nbsp;&nbsp;&nbsp; Uranium Energy Corp. (Oil, Gas & Consumable <br> Fuels)<br>(a) | &nbsp;&nbsp; 36606 | &nbsp;&nbsp; 494181 |
| &nbsp;&nbsp;&nbsp; Weatherford International PLC (Energy Equip. <br> & Svs.)<br>| &nbsp;&nbsp; 1864 | &nbsp;&nbsp; 176297 |
|  |  | &nbsp;&nbsp; 4541350 |
| **Financials–10.4%** |  |  |
| &nbsp;&nbsp;&nbsp; Acadian Asset Management, Inc. <br> (Capital Markets)<br>| &nbsp;&nbsp; 4115 | &nbsp;&nbsp; 223938 |
| Ally Financial, Inc. (Consumer Finance) | &nbsp;&nbsp; 2296 | &nbsp;&nbsp; 90072 |
| Amalgamated Financial Corp. (Banks) | &nbsp;&nbsp; 9542 | &nbsp;&nbsp; 370898 |
| &nbsp;&nbsp;&nbsp; Baldwin Insurance Group, Inc. / The <br> (Insurance)<br>(a) | &nbsp;&nbsp; 3101 | &nbsp;&nbsp; 68036 |
| Bancorp, Inc. / The (Banks)<br> (a) | &nbsp;&nbsp; 1631 | &nbsp;&nbsp; 87634 |
| Bank of Hawaii Corp. (Banks) | &nbsp;&nbsp; 2618 | &nbsp;&nbsp; 194386 |
| Bankwell Financial Group, Inc. (Banks) | &nbsp;&nbsp; 1369 | &nbsp;&nbsp; 66424 |
| Bar Harbor Bankshares (Banks) | &nbsp;&nbsp; 2727 | &nbsp;&nbsp; 88491 |
| BGC Group, Inc. Class A (Capital Markets) | &nbsp;&nbsp; 31791 | &nbsp;&nbsp; 310916 |
| Bowhead Specialty Holdings, Inc. (Insurance)<br> (a) | &nbsp;&nbsp; 5259 | &nbsp;&nbsp; 117959 |
| ChoiceOne Financial Services, Inc. (Banks) | &nbsp;&nbsp; 629 | &nbsp;&nbsp; 17687 |
| Cohen & Steers, Inc. (Capital Markets) | &nbsp;&nbsp; 598 | &nbsp;&nbsp; 37405 |
| Community Trust Bancorp, Inc. (Banks) | &nbsp;&nbsp; 321 | &nbsp;&nbsp; 19491 |
| Cullen / Frost Bankers, Inc. (Banks) | &nbsp;&nbsp; 2348 | &nbsp;&nbsp; 321864 |
| Dave, Inc. (Consumer Finance)<br> (a) | &nbsp;&nbsp; 292 | &nbsp;&nbsp; 50834 |
| Enova International, Inc. (Consumer Finance)<br> (a) | &nbsp;&nbsp; 4538 | &nbsp;&nbsp; 616396 |
| &nbsp;&nbsp;&nbsp; FactSet Research Systems, Inc. <br> (Capital Markets)<br>| &nbsp;&nbsp; 216 | &nbsp;&nbsp; 46870 |
| First BanCorp Puerto Rico (Banks) | &nbsp;&nbsp; 4441 | &nbsp;&nbsp; 94860 |
| First Business Financial Services, Inc. (Banks) | &nbsp;&nbsp; 3594 | &nbsp;&nbsp; 193824 |
| First Financial Corp. (Banks) | &nbsp;&nbsp; 1402 | &nbsp;&nbsp; 88606 |
| FirstCash Holdings, Inc. (Consumer Finance) | &nbsp;&nbsp; 2128 | &nbsp;&nbsp; 400064 |
| &nbsp;&nbsp;&nbsp; GCM Grosvenor, Inc. Class A <br> (Capital Markets)<br>| &nbsp;&nbsp; 20448 | &nbsp;&nbsp; 200390 |
| &nbsp;&nbsp;&nbsp; Goosehead Insurance, Inc. Class A <br> (Insurance)<br>(a) | &nbsp;&nbsp; 560 | &nbsp;&nbsp; 23890 |
| Green Dot Corp. Class A (Consumer Finance)<br> (a) | &nbsp;&nbsp; 1326 | &nbsp;&nbsp; 14878 |
| Greenlight Capital Re Ltd. Class A (Insurance)<br> (a) | &nbsp;&nbsp; 1072 | &nbsp;&nbsp; 18535 |
| HCI Group, Inc. (Insurance) | &nbsp;&nbsp; 788 | &nbsp;&nbsp; 121833 |
| Horizon Bancorp, Inc. (Banks) | &nbsp;&nbsp; 2954 | &nbsp;&nbsp; 48948 |
| Independent Bank Corp. (Banks) | &nbsp;&nbsp; 1230 | &nbsp;&nbsp; 40959 |
| &nbsp;&nbsp;&nbsp; Jefferies Financial Group, Inc. <br> (Capital Markets)<br>| &nbsp;&nbsp; 2626 | &nbsp;&nbsp; 108375 |
| Kearny Financial Corp. (Banks) | &nbsp;&nbsp; 7409 | &nbsp;&nbsp; 55938 |
| Lemonade, Inc. (Insurance)<br> (a) | &nbsp;&nbsp; 5938 | &nbsp;&nbsp; 372194 |
| LendingTree, Inc. (Consumer Finance)<br> (a) | &nbsp;&nbsp; 410 | &nbsp;&nbsp; 17581 |
| Marex Group PLC (Capital Markets) | &nbsp;&nbsp; 5434 | &nbsp;&nbsp; 242248 |
| Mercury General Corp. (Insurance) | &nbsp;&nbsp; 1950 | &nbsp;&nbsp; 171892 |
| &nbsp;&nbsp;&nbsp; Miami International Holdings, Inc. <br> (Capital Markets)<br>(a) | &nbsp;&nbsp; 588 | &nbsp;&nbsp; 22885 |
| Midland States Bancorp, Inc. (Banks) | &nbsp;&nbsp; 3218 | &nbsp;&nbsp; 71794 |
| Moelis & Co. Class A (Capital Markets) | &nbsp;&nbsp; 4643 | &nbsp;&nbsp; 264651 |
| MVB Financial Corp. (Banks) | &nbsp;&nbsp; 1418 | &nbsp;&nbsp; 35209 |
| Navient Corp. (Consumer Finance) | &nbsp;&nbsp; 5129 | &nbsp;&nbsp; 41955 |
| Nicolet Bankshares, Inc. (Banks) | &nbsp;&nbsp; 1553 | &nbsp;&nbsp; 230807 |
| Old National Bancorp (Banks) | &nbsp;&nbsp; 9487 | &nbsp;&nbsp; 209663 |
| Old Second Bancorp, Inc. (Banks) | &nbsp;&nbsp; 4571 | &nbsp;&nbsp; 92151 |
| OneMain Holdings, Inc. (Consumer Finance) | &nbsp;&nbsp; 7494 | &nbsp;&nbsp; 400854 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Financials (continued)** |  |  |
| Orange County Bancorp, Inc. (Banks) | &nbsp;&nbsp; 15522 | &nbsp;&nbsp; $496394 |
| Oscar Health, Inc. Class A (Insurance)<br> (a) | &nbsp;&nbsp; 22655 | &nbsp;&nbsp; 259853 |
| Palomar Holdings, Inc. (Insurance)<br> (a) | &nbsp;&nbsp; 4277 | &nbsp;&nbsp; 511101 |
| Piper Sandler Cos. (Capital Markets) | &nbsp;&nbsp; 7932 | &nbsp;&nbsp; 607195 |
| PJT Partners, Inc. Class A (Capital Markets) | &nbsp;&nbsp; 1623 | &nbsp;&nbsp; 226766 |
| Plumas Bancorp (Banks) | &nbsp;&nbsp; 338 | &nbsp;&nbsp; 16501 |
| PRA Group, Inc. (Consumer Finance)<br> (a) | &nbsp;&nbsp; 6111 | &nbsp;&nbsp; 106942 |
| Remitly Global, Inc. (Financial Services)<br> (a) | &nbsp;&nbsp; 18937 | &nbsp;&nbsp; 296743 |
| Root, Inc. Class A (Insurance)<br> (a) | &nbsp;&nbsp; 817 | &nbsp;&nbsp; 36087 |
| SEI Investments Co. (Capital Markets) | &nbsp;&nbsp; 4633 | &nbsp;&nbsp; 363551 |
| &nbsp;&nbsp;&nbsp; Skyward Specialty Insurance Group, Inc. <br> (Insurance)<br>(a) | &nbsp;&nbsp; 7829 | &nbsp;&nbsp; 341971 |
| Slide Insurance Holdings, Inc. (Insurance)<br> (a) | &nbsp;&nbsp; 753 | &nbsp;&nbsp; 13554 |
| SmartFinancial, Inc. (Banks) | &nbsp;&nbsp; 2951 | &nbsp;&nbsp; 115325 |
| Southern Missouri Bancorp, Inc. (Banks) | &nbsp;&nbsp; 1121 | &nbsp;&nbsp; 71677 |
| &nbsp;&nbsp;&nbsp; StepStone Group, Inc. Class A <br> (Capital Markets)<br>| &nbsp;&nbsp; 11351 | &nbsp;&nbsp; 541670 |
| &nbsp;&nbsp;&nbsp; Stewart Information Services Corp. <br> (Insurance)<br>| &nbsp;&nbsp; 2601 | &nbsp;&nbsp; 160170 |
| StoneCo Ltd. Class A (Financial Services)<br> (a) | &nbsp;&nbsp; 17655 | &nbsp;&nbsp; 249289 |
| StoneX Group, Inc. (Capital Markets)<br> (a) | &nbsp;&nbsp; 8211 | &nbsp;&nbsp; 662217 |
| Tiptree, Inc. (Insurance) | &nbsp;&nbsp; 7309 | &nbsp;&nbsp; 123668 |
| Trupanion, Inc. (Insurance)<br> (a) | &nbsp;&nbsp; 6487 | &nbsp;&nbsp; 166132 |
| UMB Financial Corp. (Banks) | &nbsp;&nbsp; 1518 | &nbsp;&nbsp; 171215 |
| Unity Bancorp, Inc. (Banks) | &nbsp;&nbsp; 1054 | &nbsp;&nbsp; 54629 |
| &nbsp;&nbsp;&nbsp; Universal Insurance Holdings, Inc. <br> (Insurance)<br>| &nbsp;&nbsp; 7134 | &nbsp;&nbsp; 243697 |
| Upstart Holdings, Inc. (Consumer Finance)<br> (a) | &nbsp;&nbsp; 12667 | &nbsp;&nbsp; 324909 |
| Velocity Financial, Inc. (Financial Services)<br> (a) | &nbsp;&nbsp; 4514 | &nbsp;&nbsp; 81658 |
| Voya Financial, Inc. (Financial Services) | &nbsp;&nbsp; 1341 | &nbsp;&nbsp; 91617 |
| Webull Corp. (Capital Markets)<br> (a) | &nbsp;&nbsp; 8197 | &nbsp;&nbsp; 39346 |
| Western Alliance Bancorp (Banks) | &nbsp;&nbsp; 971 | &nbsp;&nbsp; 68795 |
|  |  | &nbsp;&nbsp; 12756957 |
| **Health Care–22.6%** |  |  |
| &nbsp;&nbsp;&nbsp; ACADIA Pharmaceuticals, Inc. <br> (Biotechnology)<br>(a) | &nbsp;&nbsp; 16375 | &nbsp;&nbsp; 364507 |
| Accuray, Inc. (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 39036 | &nbsp;&nbsp; 15150 |
| Aclaris Therapeutics, Inc. (Pharmaceuticals)<br> (a) | &nbsp;&nbsp; 6502 | &nbsp;&nbsp; 24382 |
| &nbsp;&nbsp;&nbsp; Adaptive Biotechnologies Corp. (Life Sciences <br> Tools & Svs.)<br>(a) | &nbsp;&nbsp; 15022 | &nbsp;&nbsp; 208505 |
| &nbsp;&nbsp;&nbsp; Addus HomeCare Corp. (Health Care Providers <br> & Svs.)<br>(a) | &nbsp;&nbsp; 2030 | &nbsp;&nbsp; 190109 |
| ADMA Biologics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 24915 | &nbsp;&nbsp; 224484 |
| &nbsp;&nbsp;&nbsp; agilon health, Inc. (Health Care Providers & <br> Svs.)<br>(a) | &nbsp;&nbsp; 1261 | &nbsp;&nbsp; 9974 |
| Agios Pharmaceuticals, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 4543 | &nbsp;&nbsp; 153690 |
| Alkermes PLC (Biotechnology)<br> (a) | &nbsp;&nbsp; 12367 | &nbsp;&nbsp; 437297 |
| Allogene Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 31927 | &nbsp;&nbsp; 77902 |
| &nbsp;&nbsp;&nbsp; Alphatec Holdings, Inc. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 2082 | &nbsp;&nbsp; 22652 |
| Altimmune, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 16774 | &nbsp;&nbsp; 51664 |
| Amarin Corp. PLC – ADR (Biotechnology)<br> (a) | &nbsp;&nbsp; 855 | &nbsp;&nbsp; 12363 |
| Amicus Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 24184 | &nbsp;&nbsp; 349701 |
| Anavex Life Sciences Corp. (Biotechnology)<br> (a) | &nbsp;&nbsp; 4048 | &nbsp;&nbsp; 12427 |
| Apogee Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 2075 | &nbsp;&nbsp; 174653 |
| Arcutis Biotherapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 7132 | &nbsp;&nbsp; 168030 |
| Ardelyx, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 31811 | &nbsp;&nbsp; 190548 |
| &nbsp;&nbsp;&nbsp; Arrowhead Pharmaceuticals, Inc. <br> (Biotechnology)<br>(a) | &nbsp;&nbsp; 11667 | &nbsp;&nbsp; 731521 |
| Arvinas, Inc. (Pharmaceuticals)<br> (a) | &nbsp;&nbsp; 16921 | &nbsp;&nbsp; 179363 |
| Atea Pharmaceuticals, Inc. (Pharmaceuticals)<br> (a) | &nbsp;&nbsp; 7197 | &nbsp;&nbsp; 38720 |
| AtriCure, Inc. (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 3060 | &nbsp;&nbsp; 87302 |
| Atrium Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 808 | &nbsp;&nbsp; 10803 |
| Aurinia Pharmaceuticals, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 9833 | &nbsp;&nbsp; 145725 |
| &nbsp;&nbsp;&nbsp; Aveanna Healthcare Holdings, Inc. (Health <br> Care Providers & Svs.)<br>(a) | &nbsp;&nbsp; 16600 | &nbsp;&nbsp; 106904 |
| Axsome Therapeutics, Inc. (Pharmaceuticals)<br> (a) | &nbsp;&nbsp; 3588 | &nbsp;&nbsp; 606444 |
| Beam Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 7781 | &nbsp;&nbsp; 185421 |
| &nbsp;&nbsp;&nbsp; Beta Bionics, Inc. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 2456 | &nbsp;&nbsp; 24609 |
| Beyondspring, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 5417 | &nbsp;&nbsp; 8884 |
| &nbsp;&nbsp;&nbsp; BioCryst Pharmaceuticals, Inc. <br> (Biotechnology)<br>(a) | &nbsp;&nbsp; 27217 | &nbsp;&nbsp; 259106 |
| Biohaven Ltd. (Biotechnology)<br> (a) | &nbsp;&nbsp; 10260 | &nbsp;&nbsp; 86800 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP BlackRock Advantage Small Cap Growth Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Health Care (continued)** |  |  |
| Bridgebio Pharma, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 11103 | &nbsp;&nbsp; $824509 |
| &nbsp;&nbsp;&nbsp; BrightSpring Health Services, Inc. (Health <br> Care Providers & Svs.)<br>(a) | &nbsp;&nbsp; 9942 | &nbsp;&nbsp; 423629 |
| Capricor Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 3026 | &nbsp;&nbsp; 91990 |
| Caris Life Sciences, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 6927 | &nbsp;&nbsp; 123855 |
| &nbsp;&nbsp;&nbsp; Castle Biosciences, Inc. (Health Care <br> Providers & Svs.)<br>(a) | &nbsp;&nbsp; 1239 | &nbsp;&nbsp; 30417 |
| &nbsp;&nbsp;&nbsp; Catalyst Pharmaceuticals, Inc. <br> (Biotechnology)<br>(a) | &nbsp;&nbsp; 14821 | &nbsp;&nbsp; 366968 |
| Celcuity, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 2460 | &nbsp;&nbsp; 280784 |
| CG oncology, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 3156 | &nbsp;&nbsp; 213598 |
| &nbsp;&nbsp;&nbsp; ClearPoint Neuro, Inc. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 6649 | &nbsp;&nbsp; 60506 |
| Cogent Biosciences, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 9162 | &nbsp;&nbsp; 352645 |
| Corcept Therapeutics, Inc. (Pharmaceuticals)<br> (a) | &nbsp;&nbsp; 1280 | &nbsp;&nbsp; 51597 |
| CorVel Corp. (Health Care Providers & Svs.)<br> (a) | &nbsp;&nbsp; 4483 | &nbsp;&nbsp; 244996 |
| Corvus Pharmaceuticals, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 2852 | &nbsp;&nbsp; 41725 |
| &nbsp;&nbsp;&nbsp; Crinetics Pharmaceuticals, Inc. <br> (Pharmaceuticals)<br>(a) | &nbsp;&nbsp; 5971 | &nbsp;&nbsp; 216867 |
| &nbsp;&nbsp;&nbsp; Day One Biopharmaceuticals, Inc. <br> (Biotechnology)<br>(a) | &nbsp;&nbsp; 945 | &nbsp;&nbsp; 20261 |
| Disc Medicine, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 675 | &nbsp;&nbsp; 43159 |
| &nbsp;&nbsp;&nbsp; Doximity, Inc. Class A (Health Care <br> Technology)<br>(a) | &nbsp;&nbsp; 3542 | &nbsp;&nbsp; 82529 |
| &nbsp;&nbsp;&nbsp; Edgewise Therapeutics, Inc. <br> (Pharmaceuticals)<br>(a) | &nbsp;&nbsp; 3382 | &nbsp;&nbsp; 106533 |
| &nbsp;&nbsp;&nbsp; Electromed, Inc. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 625 | &nbsp;&nbsp; 14631 |
| &nbsp;&nbsp;&nbsp; Encompass Health Corp. (Health Care <br> Providers & Svs.)<br>| &nbsp;&nbsp; 5954 | &nbsp;&nbsp; 575930 |
| Enovis Corp. (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 8363 | &nbsp;&nbsp; 190258 |
| &nbsp;&nbsp;&nbsp; Ensign Group, Inc. / The (Health Care <br> Providers & Svs.)<br>| &nbsp;&nbsp; 5637 | &nbsp;&nbsp; 1135855 |
| &nbsp;&nbsp;&nbsp; Evolent Health, Inc. Class A (Health Care <br> Technology)<br>(a) | &nbsp;&nbsp; 23099 | &nbsp;&nbsp; 52666 |
| Fulcrum Therapeutics, Inc. (Pharmaceuticals)<br> (a) | &nbsp;&nbsp; 4459 | &nbsp;&nbsp; 34201 |
| &nbsp;&nbsp;&nbsp; GeneDx Holdings Corp. (Health Care Providers <br> & Svs.)<br>(a) | &nbsp;&nbsp; 476 | &nbsp;&nbsp; 30569 |
| Glaukos Corp. (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 5145 | &nbsp;&nbsp; 553911 |
| &nbsp;&nbsp;&nbsp; Guardant Health, Inc. (Health Care Providers <br> & Svs.)<br>(a) | &nbsp;&nbsp; 10221 | &nbsp;&nbsp; 944114 |
| &nbsp;&nbsp;&nbsp; Haemonetics Corp. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 1305 | &nbsp;&nbsp; 73550 |
| &nbsp;&nbsp;&nbsp; Harmony Biosciences Holdings, Inc. <br> (Pharmaceuticals)<br>(a) | &nbsp;&nbsp; 7823 | &nbsp;&nbsp; 219122 |
| &nbsp;&nbsp;&nbsp; HealthEquity, Inc. (Health Care Providers & <br> Svs.)<br>(a) | &nbsp;&nbsp; 5005 | &nbsp;&nbsp; 418268 |
| &nbsp;&nbsp;&nbsp; Henry Schein, Inc. (Health Care Providers & <br> Svs.)<br>(a) | &nbsp;&nbsp; 2828 | &nbsp;&nbsp; 208424 |
| &nbsp;&nbsp;&nbsp; Hims & Hers Health, Inc. (Health Care <br> Providers & Svs.)<br>(a) | &nbsp;&nbsp; 18274 | &nbsp;&nbsp; 379368 |
| &nbsp;&nbsp;&nbsp; Hinge Health, Inc. Class A (Health Care <br> Providers & Svs.)<br>(a) | &nbsp;&nbsp; 2785 | &nbsp;&nbsp; 107390 |
| Ideaya Biosciences, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 2832 | &nbsp;&nbsp; 94362 |
| ImmunityBio, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 12657 | &nbsp;&nbsp; 97079 |
| Immunome, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 5834 | &nbsp;&nbsp; 127590 |
| Immunovant, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 2634 | &nbsp;&nbsp; 65429 |
| &nbsp;&nbsp;&nbsp; Indivior Pharmaceuticals, Inc. <br> (Pharmaceuticals)<br>(a) | &nbsp;&nbsp; 7853 | &nbsp;&nbsp; 239359 |
| &nbsp;&nbsp;&nbsp; InfuSystem Holdings, Inc. (Health Care <br> Providers & Svs.)<br>(a) | &nbsp;&nbsp; 8750 | &nbsp;&nbsp; 80762 |
| &nbsp;&nbsp;&nbsp; Inspire Medical Systems, Inc. (Health Care <br> Equip. & Supplies)<br>(a) | &nbsp;&nbsp; 1208 | &nbsp;&nbsp; 62309 |
| Intellia Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 8287 | &nbsp;&nbsp; 106239 |
| Ionis Pharmaceuticals, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 1466 | &nbsp;&nbsp; 110082 |
| &nbsp;&nbsp;&nbsp; iRadimed Corp. (Health Care Equip. & <br> Supplies)<br>| &nbsp;&nbsp; 3914 | &nbsp;&nbsp; 376762 |
| &nbsp;&nbsp;&nbsp; IRhythm Holdings, Inc. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 3034 | &nbsp;&nbsp; 358073 |
| &nbsp;&nbsp;&nbsp; Ironwood Pharmaceuticals, Inc. <br> (Biotechnology)<br>(a) | &nbsp;&nbsp; 16546 | &nbsp;&nbsp; 58076 |
| Janux Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 10801 | &nbsp;&nbsp; 150134 |
| Keros Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 1784 | &nbsp;&nbsp; 19695 |
| Krystal Biotech, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 1650 | &nbsp;&nbsp; 426228 |
| Kura Oncology, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 14845 | &nbsp;&nbsp; 120690 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Health Care (continued)** |  |  |
| Kymera Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 3625 | &nbsp;&nbsp; $301926 |
| &nbsp;&nbsp;&nbsp; Lantheus Holdings, Inc. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 2689 | &nbsp;&nbsp; 203961 |
| LENZ Therapeutics, Inc. (Pharmaceuticals)<br> (a) | &nbsp;&nbsp; 2377 | &nbsp;&nbsp; 21750 |
| LifeMD, Inc. (Health Care Technology)<br> (a) | &nbsp;&nbsp; 19161 | &nbsp;&nbsp; 69171 |
| Liquidia Corp. (Pharmaceuticals)<br> (a) | &nbsp;&nbsp; 4215 | &nbsp;&nbsp; 159074 |
| &nbsp;&nbsp;&nbsp; Madrigal Pharmaceuticals, Inc. <br> (Biotechnology)<br>(a) | &nbsp;&nbsp; 1677 | &nbsp;&nbsp; 877859 |
| MannKind Corp. (Biotechnology)<br> (a) | &nbsp;&nbsp; 46419 | &nbsp;&nbsp; 113727 |
| Mineralys Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 3650 | &nbsp;&nbsp; 98878 |
| Mirum Pharmaceuticals, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 3907 | &nbsp;&nbsp; 360929 |
| Moderna, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 772 | &nbsp;&nbsp; 39218 |
| Natera, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 555 | &nbsp;&nbsp; 110994 |
| &nbsp;&nbsp;&nbsp; NeuroPace, Inc. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 1135 | &nbsp;&nbsp; 14925 |
| Nkarta, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 7159 | &nbsp;&nbsp; 15105 |
| Novavax, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 11630 | &nbsp;&nbsp; 94668 |
| Novocure Ltd. (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 18379 | &nbsp;&nbsp; 200331 |
| Nuvalent, Inc. Class A (Biotechnology)<br> (a) | &nbsp;&nbsp; 2854 | &nbsp;&nbsp; 292392 |
| Nuvation Bio, Inc. (Pharmaceuticals)<br> (a) | &nbsp;&nbsp; 3414 | &nbsp;&nbsp; 14646 |
| Ocular Therapeutix, Inc. (Pharmaceuticals)<br> (a) | &nbsp;&nbsp; 23231 | &nbsp;&nbsp; 196767 |
| &nbsp;&nbsp;&nbsp; Omada Health, Inc. (Health Care Providers & <br> Svs.)<br>(a) | &nbsp;&nbsp; 1435 | &nbsp;&nbsp; 18038 |
| OptimizeRx Corp. (Health Care Technology)<br> (a) | &nbsp;&nbsp; 1713 | &nbsp;&nbsp; 10758 |
| &nbsp;&nbsp;&nbsp; Option Care Health, Inc. (Health Care <br> Providers & Svs.)<br>(a) | &nbsp;&nbsp; 9256 | &nbsp;&nbsp; 249171 |
| &nbsp;&nbsp;&nbsp; Pacific Biosciences of California, Inc. (Life <br> Sciences Tools & Svs.)<br>(a) | &nbsp;&nbsp; 9721 | &nbsp;&nbsp; 12832 |
| &nbsp;&nbsp;&nbsp; PACS Group, Inc. (Health Care Providers & <br> Svs.)<br>(a) | &nbsp;&nbsp; 4852 | &nbsp;&nbsp; 155846 |
| &nbsp;&nbsp;&nbsp; Pediatrix Medical Group, Inc. (Health Care <br> Providers & Svs.)<br>(a) | &nbsp;&nbsp; 1857 | &nbsp;&nbsp; 39721 |
| &nbsp;&nbsp;&nbsp; Pennant Group, Inc. / The (Health Care <br> Providers & Svs.)<br>(a) | &nbsp;&nbsp; 3319 | &nbsp;&nbsp; 101163 |
| &nbsp;&nbsp;&nbsp; Phathom Pharmaceuticals, Inc. <br> (Pharmaceuticals)<br>(a) | &nbsp;&nbsp; 5946 | &nbsp;&nbsp; 66060 |
| Phreesia, Inc. (Health Care Technology)<br> (a) | &nbsp;&nbsp; 17792 | &nbsp;&nbsp; 149097 |
| Precigen, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 9013 | &nbsp;&nbsp; 34880 |
| &nbsp;&nbsp;&nbsp; Privia Health Group, Inc. (Health Care <br> Providers & Svs.)<br>(a) | &nbsp;&nbsp; 18114 | &nbsp;&nbsp; 372605 |
| &nbsp;&nbsp;&nbsp; Protagonist Therapeutics, Inc. <br> (Biotechnology)<br>(a) | &nbsp;&nbsp; 3510 | &nbsp;&nbsp; 369954 |
| PTC Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 5429 | &nbsp;&nbsp; 369878 |
| RadNet, Inc. (Health Care Providers & Svs.)<br> (a) | &nbsp;&nbsp; 5153 | &nbsp;&nbsp; 288001 |
| &nbsp;&nbsp;&nbsp; Recursion Pharmaceuticals, Inc. Class A <br> (Biotechnology)<br>(a) | &nbsp;&nbsp; 25733 | &nbsp;&nbsp; 79000 |
| REGENXBIO, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 11499 | &nbsp;&nbsp; 96362 |
| Rezolute, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 7677 | &nbsp;&nbsp; 23415 |
| &nbsp;&nbsp;&nbsp; Rhythm Pharmaceuticals, Inc. <br> (Biotechnology)<br>(a) | &nbsp;&nbsp; 4102 | &nbsp;&nbsp; 356751 |
| Rigel Pharmaceuticals, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 4145 | &nbsp;&nbsp; 112081 |
| RxSight, Inc. (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 18149 | &nbsp;&nbsp; 111798 |
| Sarepta Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 3401 | &nbsp;&nbsp; 74006 |
| Scholar Rock Holding Corp. (Biotechnology)<br> (a) | &nbsp;&nbsp; 6119 | &nbsp;&nbsp; 300810 |
| Schrodinger, Inc. (Health Care Technology)<br> (a) | &nbsp;&nbsp; 14686 | &nbsp;&nbsp; 166833 |
| Soleno Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 2277 | &nbsp;&nbsp; 76234 |
| Spyre Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 3558 | &nbsp;&nbsp; 179465 |
| Stoke Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 1676 | &nbsp;&nbsp; 54571 |
| &nbsp;&nbsp;&nbsp; Syndax Pharmaceuticals, Inc. <br> (Biotechnology)<br>(a) | &nbsp;&nbsp; 12255 | &nbsp;&nbsp; 286277 |
| &nbsp;&nbsp;&nbsp; Tandem Diabetes Care, Inc. (Health Care <br> Equip. & Supplies)<br>(a) | &nbsp;&nbsp; 1645 | &nbsp;&nbsp; 31535 |
| &nbsp;&nbsp;&nbsp; Tarsus Pharmaceuticals, Inc. <br> (Pharmaceuticals)<br>(a) | &nbsp;&nbsp; 3254 | &nbsp;&nbsp; 228268 |
| &nbsp;&nbsp;&nbsp; Tempus AI, Inc. Class A (Life Sciences Tools & <br> Svs.)<br>(a) | &nbsp;&nbsp; 2656 | &nbsp;&nbsp; 120104 |
| TG Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 16230 | &nbsp;&nbsp; 539161 |
| &nbsp;&nbsp;&nbsp; Theravance Biopharma, Inc. <br> (Pharmaceuticals)<br>(a) | &nbsp;&nbsp; 11536 | &nbsp;&nbsp; 187229 |
| &nbsp;&nbsp;&nbsp; TransMedics Group, Inc. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 3026 | &nbsp;&nbsp; 300815 |
| Travere Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 6166 | &nbsp;&nbsp; 183192 |
| &nbsp;&nbsp;&nbsp; Treace Medical Concepts, Inc. (Health Care <br> Equip. & Supplies)<br>(a) | &nbsp;&nbsp; 9331 | &nbsp;&nbsp; 12504 |
| Trevi Therapeutics, Inc. (Pharmaceuticals)<br> (a) | &nbsp;&nbsp; 11074 | &nbsp;&nbsp; 132113 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP BlackRock Advantage Small Cap Growth Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Health Care (continued)** |  |  |
| Twist Bioscience Corp. (Biotechnology)<br> (a) | &nbsp;&nbsp; 5272 | &nbsp;&nbsp; $250525 |
| &nbsp;&nbsp;&nbsp; Ultragenyx Pharmaceutical, Inc. <br> (Biotechnology)<br>(a) | &nbsp;&nbsp; 6276 | &nbsp;&nbsp; 131482 |
| UroGen Pharma Ltd. (Biotechnology)<br> (a) | &nbsp;&nbsp; 3947 | &nbsp;&nbsp; 70967 |
| &nbsp;&nbsp;&nbsp; Varex Imaging Corp. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 5139 | &nbsp;&nbsp; 54525 |
| Vera Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 5070 | &nbsp;&nbsp; 203966 |
| Veracyte, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 9814 | &nbsp;&nbsp; 316109 |
| Verastem, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 8072 | &nbsp;&nbsp; 42782 |
| Vericel Corp. (Biotechnology)<br> (a) | &nbsp;&nbsp; 5667 | &nbsp;&nbsp; 182307 |
| &nbsp;&nbsp;&nbsp; Viemed Healthcare, Inc. (Health Care <br> Providers & Svs.)<br>(a) | &nbsp;&nbsp; 40765 | &nbsp;&nbsp; 375446 |
| Viking Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 3788 | &nbsp;&nbsp; 123262 |
| Viridian Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 4793 | &nbsp;&nbsp; 93751 |
| WaVe Life Sciences Ltd. (Pharmaceuticals)<br> (a) | &nbsp;&nbsp; 16522 | &nbsp;&nbsp; 119784 |
| Xencor, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 11474 | &nbsp;&nbsp; 138376 |
| Xenon Pharmaceuticals, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 4730 | &nbsp;&nbsp; 275049 |
| Zymeworks, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 8277 | &nbsp;&nbsp; 207256 |
|  |  | &nbsp;&nbsp; 27829770 |
| **Industrials–24.6%** |  |  |
| 3D Systems Corp. (Machinery)<br> (a) | &nbsp;&nbsp; 18101 | &nbsp;&nbsp; 34030 |
| &nbsp;&nbsp;&nbsp; ACV Auctions, Inc. Class A (Commercial Svs. <br> & Supplies)<br>(a) | &nbsp;&nbsp; 16238 | &nbsp;&nbsp; 68849 |
| AeroVironment, Inc. (Aerospace & Defense)<br> (a) | &nbsp;&nbsp; 3461 | &nbsp;&nbsp; 633536 |
| Alaska Air Group, Inc. (Passenger Airlines)<br> (a) | &nbsp;&nbsp; 8790 | &nbsp;&nbsp; 323296 |
| &nbsp;&nbsp;&nbsp; American Superconductor Corp. <br> (Electrical Equip.)<br>(a) | &nbsp;&nbsp; 6992 | &nbsp;&nbsp; 236679 |
| Amprius Technologies, Inc. (Electrical Equip.)<br> (a) | &nbsp;&nbsp; 7642 | &nbsp;&nbsp; 128844 |
| &nbsp;&nbsp;&nbsp; Applied Industrial Technologies, Inc. (Trading <br> Companies & Distributors)<br>| &nbsp;&nbsp; 1499 | &nbsp;&nbsp; 397715 |
| &nbsp;&nbsp;&nbsp; Archer Aviation, Inc. Class A (Aerospace & <br> Defense)<br>(a) | &nbsp;&nbsp; 45290 | &nbsp;&nbsp; 234149 |
| Argan, Inc. (Construction & Engineering) | &nbsp;&nbsp; 1233 | &nbsp;&nbsp; 671553 |
| Astronics Corp. (Aerospace & Defense)<br> (a) | &nbsp;&nbsp; 2634 | &nbsp;&nbsp; 175767 |
| &nbsp;&nbsp;&nbsp; Atmus Filtration Technologies, Inc. <br> (Machinery)<br>| &nbsp;&nbsp; 9361 | &nbsp;&nbsp; 531424 |
| AZZ, Inc. (Building Products) | &nbsp;&nbsp; 2369 | &nbsp;&nbsp; 296433 |
| &nbsp;&nbsp;&nbsp; Beta Technologies, Inc. Class A (Aerospace & <br> Defense)<br>(a) | &nbsp;&nbsp; 1036 | &nbsp;&nbsp; 15229 |
| BlackSky Technology, Inc. (Professional Svs.)<br> (a) | &nbsp;&nbsp; 860 | &nbsp;&nbsp; 21638 |
| Bloom Energy Corp. Class A (Electrical Equip.)<br> (a) | &nbsp;&nbsp; 18845 | &nbsp;&nbsp; 2553309 |
| Blue Bird Corp. (Machinery)<br> (a) | &nbsp;&nbsp; 3561 | &nbsp;&nbsp; 202229 |
| &nbsp;&nbsp;&nbsp; Brink's Co. / The (Commercial Svs. & <br> Supplies)<br>| &nbsp;&nbsp; 4039 | &nbsp;&nbsp; 418562 |
| &nbsp;&nbsp;&nbsp; Brookfield Business Corp. Class A <br> (Industrial Conglomerates)<br>| &nbsp;&nbsp; 5359 | &nbsp;&nbsp; 169559 |
| &nbsp;&nbsp;&nbsp; Byrna Technologies, Inc. (Aerospace & <br> Defense)<br>(a) | &nbsp;&nbsp; 3805 | &nbsp;&nbsp; 34930 |
| CBIZ, Inc. (Professional Svs.)<br> (a) | &nbsp;&nbsp; 540 | &nbsp;&nbsp; 14499 |
| CECO Environmental Corp. (Machinery)<br> (a) | &nbsp;&nbsp; 2503 | &nbsp;&nbsp; 149129 |
| &nbsp;&nbsp;&nbsp; Centuri Holdings, Inc. (Construction & <br> Engineering)<br>(a) | &nbsp;&nbsp; 11331 | &nbsp;&nbsp; 330978 |
| Chart Industries, Inc. (Machinery)<br> (a) | &nbsp;&nbsp; 3523 | &nbsp;&nbsp; 728380 |
| Columbus McKinnon Corp. (Machinery) | &nbsp;&nbsp; 1273 | &nbsp;&nbsp; 18497 |
| &nbsp;&nbsp;&nbsp; Construction Partners, Inc. Class A <br> (Construction & Engineering)<br>(a) | &nbsp;&nbsp; 3514 | &nbsp;&nbsp; 390476 |
| CoreCivic, Inc. (Commercial Svs. & Supplies)<br> (a) | &nbsp;&nbsp; 4007 | &nbsp;&nbsp; 75772 |
| &nbsp;&nbsp;&nbsp; Covenant Logistics Group, Inc. <br> (Ground Transportation)<br>| &nbsp;&nbsp; 1366 | &nbsp;&nbsp; 37087 |
| Crane Co. (Machinery) | &nbsp;&nbsp; 1131 | &nbsp;&nbsp; 193401 |
| &nbsp;&nbsp;&nbsp; DNOW, Inc. (Trading Companies & <br> Distributors)<br>(a) | &nbsp;&nbsp; 6314 | &nbsp;&nbsp; 75200 |
| Donaldson Co., Inc. (Machinery) | &nbsp;&nbsp; 991 | &nbsp;&nbsp; 84106 |
| Douglas Dynamics, Inc. (Machinery) | &nbsp;&nbsp; 3750 | &nbsp;&nbsp; 157837 |
| Ducommun, Inc. (Aerospace & Defense)<br> (a) | &nbsp;&nbsp; 1642 | &nbsp;&nbsp; 200324 |
| &nbsp;&nbsp;&nbsp; Dycom Industries, Inc. (Construction & <br> Engineering)<br>(a) | &nbsp;&nbsp; 3287 | &nbsp;&nbsp; 1113701 |
| Energy Recovery, Inc. (Machinery)<br> (a) | &nbsp;&nbsp; 11089 | &nbsp;&nbsp; 111666 |
| Enerpac Tool Group Corp. (Machinery) | &nbsp;&nbsp; 1930 | &nbsp;&nbsp; 70387 |
| EnerSys (Electrical Equip.) | &nbsp;&nbsp; 2140 | &nbsp;&nbsp; 371761 |
| Enovix Corp. (Electrical Equip.)<br> (a) | &nbsp;&nbsp; 19017 | &nbsp;&nbsp; 98508 |
| Enpro, Inc. (Machinery) | &nbsp;&nbsp; 212 | &nbsp;&nbsp; 53138 |
| Eos Energy Enterprises, Inc. (Electrical Equip.)<br> (a) | &nbsp;&nbsp; 25502 | &nbsp;&nbsp; 126490 |
| ESCO Technologies, Inc. (Machinery) | &nbsp;&nbsp; 2781 | &nbsp;&nbsp; 782490 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Industrials (continued)** |  |  |
| &nbsp;&nbsp;&nbsp; EVI Industries, Inc. (Trading Companies & <br> Distributors)<br>| &nbsp;&nbsp; 696 | &nbsp;&nbsp; $14324 |
| ExlService Holdings, Inc. (Professional Svs.)<br> (a) | &nbsp;&nbsp; 7615 | &nbsp;&nbsp; 231877 |
| Exponent, Inc. (Professional Svs.) | &nbsp;&nbsp; 4459 | &nbsp;&nbsp; 290950 |
| Federal Signal Corp. (Machinery) | &nbsp;&nbsp; 5362 | &nbsp;&nbsp; 579847 |
| &nbsp;&nbsp;&nbsp; Firefly Aerospace, Inc. (Aerospace & <br> Defense)<br>(a) | &nbsp;&nbsp; 3421 | &nbsp;&nbsp; 97396 |
| Flowserve Corp. (Machinery) | &nbsp;&nbsp; 842 | &nbsp;&nbsp; 61895 |
| Fluence Energy, Inc. (Electrical Equip.)<br> (a) | &nbsp;&nbsp; 4774 | &nbsp;&nbsp; 65690 |
| Fluor Corp. (Construction & Engineering)<br> (a) | &nbsp;&nbsp; 8374 | &nbsp;&nbsp; 390647 |
| &nbsp;&nbsp;&nbsp; Forgent Power Solutions, Inc. <br> (Electrical Equip.)<br>(a) | &nbsp;&nbsp; 8201 | &nbsp;&nbsp; 240043 |
| Forward Air Corp. (Air Freight & Logistics)<br> (a) | &nbsp;&nbsp; 4591 | &nbsp;&nbsp; 76716 |
| Franklin Electric Co., Inc. (Machinery) | &nbsp;&nbsp; 4662 | &nbsp;&nbsp; 429697 |
| &nbsp;&nbsp;&nbsp; Genco Shipping & Trading Ltd. <br> (Marine Transportation)<br>| &nbsp;&nbsp; 2094 | &nbsp;&nbsp; 47220 |
| &nbsp;&nbsp;&nbsp; GEO Group, Inc. / The (Commercial Svs. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 11480 | &nbsp;&nbsp; 192979 |
| &nbsp;&nbsp;&nbsp; Healthcare Services Group, Inc. (Commercial <br> Svs. & Supplies)<br>(a) | &nbsp;&nbsp; 7602 | &nbsp;&nbsp; 141017 |
| &nbsp;&nbsp;&nbsp; Herc Holdings, Inc. (Trading Companies & <br> Distributors)<br>| &nbsp;&nbsp; 2775 | &nbsp;&nbsp; 276251 |
| &nbsp;&nbsp;&nbsp; Hertz Global Holdings, Inc. <br> (Ground Transportation)<br>(a) | &nbsp;&nbsp; 7269 | &nbsp;&nbsp; 33510 |
| &nbsp;&nbsp;&nbsp; Hudson Technologies, Inc. (Trading <br> Companies & Distributors)<br>(a) | &nbsp;&nbsp; 2517 | &nbsp;&nbsp; 14800 |
| &nbsp;&nbsp;&nbsp; Huntington Ingalls Industries, Inc. (Aerospace <br> & Defense)<br>| &nbsp;&nbsp; 309 | &nbsp;&nbsp; 117389 |
| IBEX Holdings Ltd. (Professional Svs.)<br> (a) | &nbsp;&nbsp; 6280 | &nbsp;&nbsp; 168430 |
| &nbsp;&nbsp;&nbsp; IES Holdings, Inc. (Construction & <br> Engineering)<br>(a) | &nbsp;&nbsp; 863 | &nbsp;&nbsp; 411194 |
| Innodata, Inc. (Professional Svs.)<br> (a) | &nbsp;&nbsp; 1992 | &nbsp;&nbsp; 76931 |
| Interface, Inc. (Commercial Svs. & Supplies) | &nbsp;&nbsp; 1032 | &nbsp;&nbsp; 25717 |
| Joby Aviation, Inc. (Passenger Airlines)<br> (a) | &nbsp;&nbsp; 49521 | &nbsp;&nbsp; 409043 |
| &nbsp;&nbsp;&nbsp; Karat Packaging, Inc. (Trading Companies & <br> Distributors)<br>| &nbsp;&nbsp; 5979 | &nbsp;&nbsp; 166934 |
| KBR, Inc. (Professional Svs.) | &nbsp;&nbsp; 3336 | &nbsp;&nbsp; 122965 |
| Kirby Corp. (Marine Transportation)<br> (a) | &nbsp;&nbsp; 2649 | &nbsp;&nbsp; 351999 |
| &nbsp;&nbsp;&nbsp; Kratos Defense & Security Solutions, Inc. <br> (Aerospace & Defense)<br>(a) | &nbsp;&nbsp; 16289 | &nbsp;&nbsp; 1148537 |
| Lyft, Inc. Class A (Ground Transportation)<br> (a) | &nbsp;&nbsp; 3939 | &nbsp;&nbsp; 52389 |
| Matson, Inc. (Marine Transportation) | &nbsp;&nbsp; 1486 | &nbsp;&nbsp; 243615 |
| Maximus, Inc. (Professional Svs.) | &nbsp;&nbsp; 3865 | &nbsp;&nbsp; 247746 |
| &nbsp;&nbsp;&nbsp; Modine Manufacturing Co. <br> (Building Products)<br>(a) | &nbsp;&nbsp; 4320 | &nbsp;&nbsp; 936187 |
| Moog, Inc. Class A (Aerospace & Defense) | &nbsp;&nbsp; 2841 | &nbsp;&nbsp; 831390 |
| &nbsp;&nbsp;&nbsp; Mueller Water Products, Inc. Class A <br> (Machinery)<br>| &nbsp;&nbsp; 11582 | &nbsp;&nbsp; 318389 |
| MYR Group, Inc. (Construction & Engineering)<br> (a) | &nbsp;&nbsp; 1968 | &nbsp;&nbsp; 555606 |
| Nextpower, Inc. Class A (Electrical Equip.)<br> (a) | &nbsp;&nbsp; 8722 | &nbsp;&nbsp; 1051437 |
| &nbsp;&nbsp;&nbsp; NPK International, Inc. (Trading Companies & <br> Distributors)<br>(a) | &nbsp;&nbsp; 9643 | &nbsp;&nbsp; 139727 |
| NuScale Power Corp. (Electrical Equip.)<br> (a) | &nbsp;&nbsp; 14984 | &nbsp;&nbsp; 162427 |
| Owens Corning (Building Products) | &nbsp;&nbsp; 2442 | &nbsp;&nbsp; 264273 |
| Planet Labs PBC (Professional Svs.)<br> (a) | &nbsp;&nbsp; 22650 | &nbsp;&nbsp; 633067 |
| Powell Industries, Inc. (Electrical Equip.) | &nbsp;&nbsp; 545 | &nbsp;&nbsp; 294889 |
| &nbsp;&nbsp;&nbsp; Primoris Services Corp. (Construction & <br> Engineering)<br>| &nbsp;&nbsp; 3224 | &nbsp;&nbsp; 461161 |
| Proto Labs, Inc. (Machinery)<br> (a) | &nbsp;&nbsp; 971 | &nbsp;&nbsp; 55366 |
| Red Cat Holdings, Inc. (Aerospace & Defense)<br> (a) | &nbsp;&nbsp; 2018 | &nbsp;&nbsp; 26416 |
| Redwire Corp. (Aerospace & Defense)<br> (a) | &nbsp;&nbsp; 8970 | &nbsp;&nbsp; 76245 |
| &nbsp;&nbsp;&nbsp; Resideo Technologies, Inc. <br> (Building Products)<br>(a) | &nbsp;&nbsp; 1974 | &nbsp;&nbsp; 66544 |
| &nbsp;&nbsp;&nbsp; Resources Connection, Inc. <br> (Professional Svs.)<br>| &nbsp;&nbsp; 4757 | &nbsp;&nbsp; 17744 |
| &nbsp;&nbsp;&nbsp; Satellogic, Inc. Class A (Aerospace & <br> Defense)<br>(a) | &nbsp;&nbsp; 3665 | &nbsp;&nbsp; 19938 |
| &nbsp;&nbsp;&nbsp; Shoals Technologies Group, Inc. Class A <br> (Electrical Equip.)<br>(a) | &nbsp;&nbsp; 6306 | &nbsp;&nbsp; 41493 |
| SkyWest, Inc. (Passenger Airlines)<br> (a) | &nbsp;&nbsp; 3500 | &nbsp;&nbsp; 321405 |
| Spire Global, Inc. (Professional Svs.)<br> (a) | &nbsp;&nbsp; 1709 | &nbsp;&nbsp; 21499 |
| SPX Technologies, Inc. (Machinery)<br> (a) | &nbsp;&nbsp; 3997 | &nbsp;&nbsp; 799160 |
| &nbsp;&nbsp;&nbsp; Sterling Infrastructure, Inc. (Construction & <br> Engineering)<br>(a) | &nbsp;&nbsp; 2551 | &nbsp;&nbsp; 1038946 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP BlackRock Advantage Small Cap Growth Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Industrials (continued)** |  |  |
| Tecnoglass, Inc. (Building Products) | &nbsp;&nbsp; 641 | &nbsp;&nbsp; $28557 |
| Tetra Tech, Inc. (Commercial Svs. & Supplies) | &nbsp;&nbsp; 5393 | &nbsp;&nbsp; 162437 |
| &nbsp;&nbsp;&nbsp; Transcat, Inc. (Trading Companies & <br> Distributors)<br>(a) | &nbsp;&nbsp; 389 | &nbsp;&nbsp; 28572 |
| Trinity Industries, Inc. (Machinery) | &nbsp;&nbsp; 6605 | &nbsp;&nbsp; 212549 |
| &nbsp;&nbsp;&nbsp; Tutor Perini Corp. (Construction & <br> Engineering)<br>| &nbsp;&nbsp; 2525 | &nbsp;&nbsp; 194905 |
| Verra Mobility Corp. (Professional Svs.)<br> (a) | &nbsp;&nbsp; 18069 | &nbsp;&nbsp; 258206 |
| Vicor Corp. (Electrical Equip.)<br> (a) | &nbsp;&nbsp; 2049 | &nbsp;&nbsp; 329889 |
| VSE Corp. (Aerospace & Defense) | &nbsp;&nbsp; 1195 | &nbsp;&nbsp; 220358 |
| &nbsp;&nbsp;&nbsp; Watts Water Technologies, Inc. Class A <br> (Machinery)<br>| &nbsp;&nbsp; 1946 | &nbsp;&nbsp; 564904 |
| Willdan Group, Inc. (Professional Svs.)<br> (a) | &nbsp;&nbsp; 2165 | &nbsp;&nbsp; 165752 |
| Worthington Enterprises, Inc. (Machinery) | &nbsp;&nbsp; 1565 | &nbsp;&nbsp; 81599 |
| &nbsp;&nbsp;&nbsp; Xometry, Inc. Class A (Trading Companies & <br> Distributors)<br>(a) | &nbsp;&nbsp; 3909 | &nbsp;&nbsp; 159644 |
| &nbsp;&nbsp;&nbsp; Zurn Elkay Water Solutions Corp. <br> (Building Products)<br>| &nbsp;&nbsp; 13562 | &nbsp;&nbsp; 608120 |
|  |  | &nbsp;&nbsp; 30208107 |
| **Information Technology–20.6%** |  |  |
| A10 Networks, Inc. (Software) | &nbsp;&nbsp; 5570 | &nbsp;&nbsp; 128778 |
| ACI Worldwide, Inc. (Software)<br> (a) | &nbsp;&nbsp; 9241 | &nbsp;&nbsp; 378973 |
| &nbsp;&nbsp;&nbsp; ADTRAN Holdings, Inc. <br> (Communications Equip.)<br>(a) | &nbsp;&nbsp; 14006 | &nbsp;&nbsp; 176195 |
| &nbsp;&nbsp;&nbsp; Advanced Energy Industries, Inc. (Electronic <br> Equip., Instr. & Comp.)<br>| &nbsp;&nbsp; 5015 | &nbsp;&nbsp; 1618391 |
| Aehr Test Systems (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 2461 | &nbsp;&nbsp; 91254 |
| &nbsp;&nbsp;&nbsp; Aeva Technologies, Inc. (Electronic Equip., <br> Instr. & Comp.)<br>(a) | &nbsp;&nbsp; 2877 | &nbsp;&nbsp; 37861 |
| Agilysys, Inc. (Software)<br> (a) | &nbsp;&nbsp; 1599 | &nbsp;&nbsp; 113753 |
| Ambarella, Inc. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 4753 | &nbsp;&nbsp; 244661 |
| &nbsp;&nbsp;&nbsp; Amkor Technology, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 5241 | &nbsp;&nbsp; 236002 |
| Amplitude, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 30716 | &nbsp;&nbsp; 209483 |
| Applied Digital Corp. (IT Svs.)<br> (a) | &nbsp;&nbsp; 14409 | &nbsp;&nbsp; 342070 |
| &nbsp;&nbsp;&nbsp; Applied Optoelectronics, Inc. <br> (Communications Equip.)<br>(a) | &nbsp;&nbsp; 4836 | &nbsp;&nbsp; 409077 |
| Arteris, Inc. (Software)<br> (a) | &nbsp;&nbsp; 5050 | &nbsp;&nbsp; 83022 |
| Asana, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 13078 | &nbsp;&nbsp; 83699 |
| Aurora Innovation, Inc. (Software)<br> (a) | &nbsp;&nbsp; 7147 | &nbsp;&nbsp; 29446 |
| &nbsp;&nbsp;&nbsp; Axcelis Technologies, Inc. (Semiconductors & <br> Equip.)<br>(a) | &nbsp;&nbsp; 1045 | &nbsp;&nbsp; 97269 |
| &nbsp;&nbsp;&nbsp; Badger Meter, Inc. (Electronic Equip., Instr. & <br> Comp.)<br>| &nbsp;&nbsp; 1846 | &nbsp;&nbsp; 281238 |
| Belden, Inc. (Electronic Equip., Instr. & Comp.) | &nbsp;&nbsp; 226 | &nbsp;&nbsp; 25952 |
| &nbsp;&nbsp;&nbsp; Benchmark Electronics, Inc. (Electronic <br> Equip., Instr. & Comp.)<br>| &nbsp;&nbsp; 678 | &nbsp;&nbsp; 38009 |
| &nbsp;&nbsp;&nbsp; Bitdeer Technologies Group Class A <br> (Software)<br>(a) | &nbsp;&nbsp; 4054 | &nbsp;&nbsp; 35067 |
| Box, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 23875 | &nbsp;&nbsp; 564405 |
| Braze, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 6711 | &nbsp;&nbsp; 158447 |
| C3.ai, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 22611 | &nbsp;&nbsp; 190385 |
| Calix, Inc. (Communications Equip.)<br> (a) | &nbsp;&nbsp; 7867 | &nbsp;&nbsp; 385404 |
| CEVA, Inc. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 6613 | &nbsp;&nbsp; 123531 |
| Cirrus Logic, Inc. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 2655 | &nbsp;&nbsp; 383966 |
| Clear Secure, Inc. Class A (Software) | &nbsp;&nbsp; 4811 | &nbsp;&nbsp; 232901 |
| &nbsp;&nbsp;&nbsp; Clearwater Analytics Holdings, Inc. Class A <br> (Software)<br>(a) | &nbsp;&nbsp; 22663 | &nbsp;&nbsp; 535980 |
| &nbsp;&nbsp;&nbsp; Cognex Corp. (Electronic Equip., Instr. & <br> Comp.)<br>| &nbsp;&nbsp; 962 | &nbsp;&nbsp; 47128 |
| Commvault Systems, Inc. (Software)<br> (a) | &nbsp;&nbsp; 3031 | &nbsp;&nbsp; 236085 |
| Core Scientific, Inc. (Software)<br> (a) | &nbsp;&nbsp; 12539 | &nbsp;&nbsp; 187583 |
| &nbsp;&nbsp;&nbsp; Credo Technology Group Holding Ltd. <br> (Semiconductors & Equip.)<br>(a) | &nbsp;&nbsp; 14164 | &nbsp;&nbsp; 1329575 |
| Digital Turbine, Inc. (Software)<br> (a) | &nbsp;&nbsp; 8565 | &nbsp;&nbsp; 24667 |
| Domo, Inc. Class B (Software)<br> (a) | &nbsp;&nbsp; 26002 | &nbsp;&nbsp; 79566 |
| D-Wave Quantum, Inc. (Software)<br> (a) | &nbsp;&nbsp; 26731 | &nbsp;&nbsp; 385728 |
| Elastic N.V. (Software)<br> (a) | &nbsp;&nbsp; 2150 | &nbsp;&nbsp; 107478 |
| &nbsp;&nbsp;&nbsp; Evolv Technologies Holdings, Inc. (Electronic <br> Equip., Instr. & Comp.)<br>(a) | &nbsp;&nbsp; 4845 | &nbsp;&nbsp; 29312 |
| &nbsp;&nbsp;&nbsp; Extreme Networks, Inc. <br> (Communications Equip.)<br>(a) | &nbsp;&nbsp; 17560 | &nbsp;&nbsp; 264805 |
| Fabrinet (Electronic Equip., Instr. & Comp.)<br> (a) | &nbsp;&nbsp; 3267 | &nbsp;&nbsp; 1703806 |
| Five9, Inc. (Software)<br> (a) | &nbsp;&nbsp; 2952 | &nbsp;&nbsp; 44782 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Information Technology (continued)** |  |  |
| Flex Ltd. (Electronic Equip., Instr. & Comp.)<br> (a) | &nbsp;&nbsp; 475 | &nbsp;&nbsp; $31094 |
| FormFactor, Inc. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 6456 | &nbsp;&nbsp; 626167 |
| Freshworks, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 23069 | &nbsp;&nbsp; 185244 |
| Harmonic, Inc. (Communications Equip.)<br> (a) | &nbsp;&nbsp; 19556 | &nbsp;&nbsp; 175613 |
| Impinj, Inc. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 2241 | &nbsp;&nbsp; 230151 |
| &nbsp;&nbsp;&nbsp; Insight Enterprises, Inc. (Electronic Equip., <br> Instr. & Comp.)<br>(a) | &nbsp;&nbsp; 1426 | &nbsp;&nbsp; 95556 |
| Intapp, Inc. (Software)<br> (a) | &nbsp;&nbsp; 7806 | &nbsp;&nbsp; 200536 |
| InterDigital, Inc. (Software) | &nbsp;&nbsp; 2291 | &nbsp;&nbsp; 691882 |
| &nbsp;&nbsp;&nbsp; IonQ, Inc. (Tech. Hardware, Storage & <br> Periph.)<br>(a) | &nbsp;&nbsp; 27262 | &nbsp;&nbsp; 785963 |
| &nbsp;&nbsp;&nbsp; IPG Photonics Corp. (Electronic Equip., Instr. & <br> Comp.)<br>(a) | &nbsp;&nbsp; 165 | &nbsp;&nbsp; 18907 |
| Klaviyo, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 1714 | &nbsp;&nbsp; 33354 |
| &nbsp;&nbsp;&nbsp; Kulicke & Soffa Industries, Inc. <br> (Semiconductors & Equip.)<br>| &nbsp;&nbsp; 4834 | &nbsp;&nbsp; 317690 |
| Manhattan Associates, Inc. (Software)<br> (a) | &nbsp;&nbsp; 2178 | &nbsp;&nbsp; 289935 |
| &nbsp;&nbsp;&nbsp; Methode Electronics, Inc. (Electronic Equip., <br> Instr. & Comp.)<br>| &nbsp;&nbsp; 13741 | &nbsp;&nbsp; 75850 |
| &nbsp;&nbsp;&nbsp; Mirion Technologies, Inc. (Electronic Equip., <br> Instr. & Comp.)<br>(a) | &nbsp;&nbsp; 17056 | &nbsp;&nbsp; 317071 |
| &nbsp;&nbsp;&nbsp; Napco Security Technologies, Inc. (Electronic <br> Equip., Instr. & Comp.)<br>| &nbsp;&nbsp; 2050 | &nbsp;&nbsp; 80750 |
| NETGEAR, Inc. (Communications Equip.)<br> (a) | &nbsp;&nbsp; 6488 | &nbsp;&nbsp; 141698 |
| Netskope, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 4139 | &nbsp;&nbsp; 35140 |
| &nbsp;&nbsp;&nbsp; Novanta, Inc. (Electronic Equip., Instr. & <br> Comp.)<br>(a) | &nbsp;&nbsp; 3007 | &nbsp;&nbsp; 355157 |
| &nbsp;&nbsp;&nbsp; Onto Innovation, Inc. (Semiconductors & <br> Equip.)<br>(a) | &nbsp;&nbsp; 1561 | &nbsp;&nbsp; 320114 |
| Ooma, Inc. (Software)<br> (a) | &nbsp;&nbsp; 1953 | &nbsp;&nbsp; 28416 |
| &nbsp;&nbsp;&nbsp; OSI Systems, Inc. (Electronic Equip., Instr. & <br> Comp.)<br>(a) | &nbsp;&nbsp; 1648 | &nbsp;&nbsp; 437560 |
| Ouster, Inc. (Electronic Equip., Instr. & Comp.)<br> (a) | &nbsp;&nbsp; 7065 | &nbsp;&nbsp; 129784 |
| Pagaya Technologies Ltd. Class A (Software)<br> (a) | &nbsp;&nbsp; 1680 | &nbsp;&nbsp; 19572 |
| PAR Technology Corp. (Software)<br> (a) | &nbsp;&nbsp; 1496 | &nbsp;&nbsp; 19942 |
| &nbsp;&nbsp;&nbsp; PC Connection, Inc. (Electronic Equip., Instr. & <br> Comp.)<br>| &nbsp;&nbsp; 1398 | &nbsp;&nbsp; 81727 |
| Photronics, Inc. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 633 | &nbsp;&nbsp; 25580 |
| &nbsp;&nbsp;&nbsp; Plexus Corp. (Electronic Equip., Instr. & <br> Comp.)<br>(a) | &nbsp;&nbsp; 3716 | &nbsp;&nbsp; 752639 |
| Q2 Holdings, Inc. (Software)<br> (a) | &nbsp;&nbsp; 7159 | &nbsp;&nbsp; 338621 |
| Qualys, Inc. (Software)<br> (a) | &nbsp;&nbsp; 4323 | &nbsp;&nbsp; 379776 |
| &nbsp;&nbsp;&nbsp; Quantum Computing, Inc. (Tech. Hardware, <br> Storage & Periph.)<br>(a) | &nbsp;&nbsp; 14660 | &nbsp;&nbsp; 100421 |
| Rambus, Inc. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 10070 | &nbsp;&nbsp; 866322 |
| Red Violet, Inc. (Software)<br> (a) | &nbsp;&nbsp; 1612 | &nbsp;&nbsp; 55775 |
| Rezolve AI PLC (Software)<br> (a) | &nbsp;&nbsp; 10399 | &nbsp;&nbsp; 26621 |
| &nbsp;&nbsp;&nbsp; Rigetti Computing, Inc. (Semiconductors & <br> Equip.)<br>(a) | &nbsp;&nbsp; 21651 | &nbsp;&nbsp; 303980 |
| RingCentral, Inc. Class A (Software) | &nbsp;&nbsp; 4054 | &nbsp;&nbsp; 150768 |
| Rubrik, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 1124 | &nbsp;&nbsp; 55042 |
| &nbsp;&nbsp;&nbsp; Sanmina Corp. (Electronic Equip., Instr. & <br> Comp.)<br>(a) | &nbsp;&nbsp; 3965 | &nbsp;&nbsp; 514023 |
| Semtech Corp. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 7012 | &nbsp;&nbsp; 539153 |
| &nbsp;&nbsp;&nbsp; Silicon Laboratories, Inc. (Semiconductors & <br> Equip.)<br>(a) | &nbsp;&nbsp; 657 | &nbsp;&nbsp; 136755 |
| SiTime Corp. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 1854 | &nbsp;&nbsp; 640279 |
| &nbsp;&nbsp;&nbsp; SkyWater Technology, Inc. (Semiconductors & <br> Equip.)<br>(a) | &nbsp;&nbsp; 3288 | &nbsp;&nbsp; 90124 |
| &nbsp;&nbsp;&nbsp; Skyworks Solutions, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 2040 | &nbsp;&nbsp; 109242 |
| SoundHound AI, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 28691 | &nbsp;&nbsp; 197107 |
| Sprout Social, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 16224 | &nbsp;&nbsp; 92477 |
| Tenable Holdings, Inc. (Software)<br> (a) | &nbsp;&nbsp; 15669 | &nbsp;&nbsp; 265041 |
| Terawulf, Inc. (Software)<br> (a) | &nbsp;&nbsp; 21668 | &nbsp;&nbsp; 312669 |
| TSS, Inc. (IT Svs.)<br> (a) | &nbsp;&nbsp; 5481 | &nbsp;&nbsp; 71308 |
| &nbsp;&nbsp;&nbsp; TTM Technologies, Inc. (Electronic Equip., <br> Instr. & Comp.)<br>(a) | &nbsp;&nbsp; 2137 | &nbsp;&nbsp; 208187 |
| Varonis Systems, Inc. (Software)<br> (a) | &nbsp;&nbsp; 9030 | &nbsp;&nbsp; 193874 |
| Viavi Solutions, Inc. (Communications Equip.)<br> (a) | &nbsp;&nbsp; 18703 | &nbsp;&nbsp; 622436 |
| &nbsp;&nbsp;&nbsp; Vistance Networks, Inc. <br> (Communications Equip.)<br>(a) | &nbsp;&nbsp; 11139 | &nbsp;&nbsp; 202730 |
| Workiva, Inc. (Software)<br> (a) | &nbsp;&nbsp; 4802 | &nbsp;&nbsp; 286343 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP BlackRock Advantage Small Cap Growth Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Information Technology (continued)** |  |  |
| Xperi, Inc. (Software)<br> (a) | &nbsp;&nbsp; 13525 | &nbsp;&nbsp; $75740 |
| Zeta Global Holdings Corp. Class A (Software)<br> (a) | &nbsp;&nbsp; 19252 | &nbsp;&nbsp; 306492 |
|  |  | &nbsp;&nbsp; 25320132 |
| **Materials–3.8%** |  |  |
| AdvanSix, Inc. (Chemicals) | &nbsp;&nbsp; 616 | &nbsp;&nbsp; 15030 |
| &nbsp;&nbsp;&nbsp; Alpha Metallurgical Resources, Inc. (Metals & <br> Mining)<br>(a) | &nbsp;&nbsp; 1674 | &nbsp;&nbsp; 343622 |
| Cabot Corp. (Chemicals) | &nbsp;&nbsp; 340 | &nbsp;&nbsp; 25605 |
| Century Aluminum Co. (Metals & Mining)<br> (a) | &nbsp;&nbsp; 8088 | &nbsp;&nbsp; 474685 |
| Cleveland-Cliffs, Inc. (Metals & Mining)<br> (a) | &nbsp;&nbsp; 22239 | &nbsp;&nbsp; 187919 |
| Coeur Mining, Inc. (Metals & Mining)<br> (a) | &nbsp;&nbsp; 37369 | &nbsp;&nbsp; 701416 |
| Constellium SE (Metals & Mining)<br> (a) | &nbsp;&nbsp; 19429 | &nbsp;&nbsp; 477565 |
| &nbsp;&nbsp;&nbsp; Contango Silver & Gold, Inc. (Metals & <br> Mining)<br>(a) | &nbsp;&nbsp; 1568 | &nbsp;&nbsp; 29400 |
| Hawkins, Inc. (Chemicals) | &nbsp;&nbsp; 837 | &nbsp;&nbsp; 128563 |
| Hecla Mining Co. (Metals & Mining) | &nbsp;&nbsp; 17224 | &nbsp;&nbsp; 320883 |
| &nbsp;&nbsp;&nbsp; Idaho Strategic Resources, Inc. (Metals & <br> Mining)<br>(a) | &nbsp;&nbsp; 3515 | &nbsp;&nbsp; 112902 |
| Intrepid Potash, Inc. (Chemicals)<br> (a) | &nbsp;&nbsp; 3008 | &nbsp;&nbsp; 128652 |
| Kaiser Aluminum Corp. (Metals & Mining) | &nbsp;&nbsp; 3662 | &nbsp;&nbsp; 441308 |
| Knife River Corp. (Construction Materials)<br> (a) | &nbsp;&nbsp; 1389 | &nbsp;&nbsp; 113412 |
| Materion Corp. (Metals & Mining) | &nbsp;&nbsp; 704 | &nbsp;&nbsp; 101834 |
| Mativ Holdings, Inc. (Chemicals) | &nbsp;&nbsp; 11008 | &nbsp;&nbsp; 95770 |
| Novagold Resources, Inc. (Metals & Mining)<br> (a) | &nbsp;&nbsp; 28178 | &nbsp;&nbsp; 253038 |
| Perpetua Resources Corp. (Metals & Mining)<br> (a) | &nbsp;&nbsp; 7390 | &nbsp;&nbsp; 207807 |
| &nbsp;&nbsp;&nbsp; Ramaco Resources, Inc. Class A (Metals & <br> Mining)<br>(a) | &nbsp;&nbsp; 5884 | &nbsp;&nbsp; 90967 |
| Ryerson Holding Corp. (Metals & Mining) | &nbsp;&nbsp; 4256 | &nbsp;&nbsp; 95675 |
| U.S. Antimony Corp. (Metals & Mining)<br> (a) | &nbsp;&nbsp; 2798 | &nbsp;&nbsp; 24426 |
| &nbsp;&nbsp;&nbsp; U.S. Lime & Minerals, Inc. <br> (Construction Materials)<br>| &nbsp;&nbsp; 1466 | &nbsp;&nbsp; 191474 |
| U.S.A. Rare Earth, Inc. (Metals & Mining)<br> (a) | &nbsp;&nbsp; 1531 | &nbsp;&nbsp; 23172 |
| Warrior Met Coal, Inc. (Metals & Mining) | &nbsp;&nbsp; 521 | &nbsp;&nbsp; 48531 |
|  |  | &nbsp;&nbsp; 4633656 |
| **Real Estate–0.9%** |  |  |
| Agree Realty Corp. (Retail REITs) | &nbsp;&nbsp; 5935 | &nbsp;&nbsp; 447380 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Real Estate (continued)** |  |  |
| &nbsp;&nbsp;&nbsp; Compass, Inc. Class A (Real Estate Mgmt. & <br> Development)<br>(a) | &nbsp;&nbsp; 34303 | &nbsp;&nbsp; $250755 |
| &nbsp;&nbsp;&nbsp; Host Hotels & Resorts, Inc. (Hotel & Resort <br> REITs)<br>| &nbsp;&nbsp; 19086 | &nbsp;&nbsp; 365688 |
| Janus Living, Inc. (Health Care REITs)<br> (a) | &nbsp;&nbsp; 1956 | &nbsp;&nbsp; 46103 |
|  |  | &nbsp;&nbsp; 1109926 |
| **Utilities–0.7%** |  |  |
| Avista Corp. (Multi-Utilities) | &nbsp;&nbsp; 5893 | &nbsp;&nbsp; 236545 |
| &nbsp;&nbsp;&nbsp; Brookfield Infrastructure Corp. Class A <br> (Gas Utilities)<br>| &nbsp;&nbsp; 4473 | &nbsp;&nbsp; 176773 |
| Southwest Gas Holdings, Inc. (Gas Utilities) | &nbsp;&nbsp; 4875 | &nbsp;&nbsp; 423637 |
|  |  | &nbsp;&nbsp; 836955 |
| **Total Common Stocks (Cost $111,588,585)** |  | &nbsp;&nbsp; $120338763 |

---

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

---

| | | |
|:---|:---|:---|
| **Rights–0.0%** | **Quantity** | **Value** |
| **Health Care–0.0%** |  |  |
| &nbsp;&nbsp;&nbsp; Akero Therapeutics, Inc. CVR (Acquired <br> December 10, 2025, Cost $3,880) <br> (Biotechnology)<br>(a)(b) | 5970 | &nbsp;&nbsp; $3880 |
| &nbsp;&nbsp;&nbsp; Blueprint Medicines Corp. CVR (Acquired July 21, <br> 2025, Cost $2,777) (Biotechnology)<br>(a)(b) | 6037 | &nbsp;&nbsp; 2777 |
| &nbsp;&nbsp;&nbsp; Flexion Therapeutics, Inc. CVR (Acquired <br> November 22, 2021, Cost $3,835) <br> (Biotechnology)<br>(a)(b) | 6185 | &nbsp;&nbsp; 3835 |
| &nbsp;&nbsp;&nbsp; Prevail Therapeutics, Inc. CVR (Acquired <br> January 21, 2021, Cost $1,116) (Biotechnology)<br>(a)(b) | 2231 | &nbsp;&nbsp; 1116 |
| **Total Rights (Cost $11,608)** |  | &nbsp;&nbsp; $11608 |
| **Total Investments – 97.9% (Cost $111,600,193)**<br> (c) |  | &nbsp;&nbsp; $120350371 |
| **Other Assets in Excess of Liabilities – 2.1%**<br> (d) |  | &nbsp;&nbsp; 2633010 |
| **Net Assets – 100.0%** | **Net Assets – 100.0%** | &nbsp;&nbsp; $122983381 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

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

---

| | |
|:---|:---|
| Abbreviations: | Abbreviations: |
| &nbsp;&nbsp;&nbsp;&nbsp; ADR: | American Depositary Receipts |
| &nbsp;&nbsp;&nbsp;&nbsp; CVR: | Contingent Value Right |
| &nbsp;&nbsp;&nbsp;&nbsp; REITs: | Real Estate Investment Trusts |

---

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

---

| | |
|:---|:---|
| Footnotes: | Footnotes: |
| &nbsp;&nbsp;&nbsp;&nbsp; (a) | Non-income producing security. |
| &nbsp;&nbsp;&nbsp;&nbsp; (b) | Represents a security deemed to be restricted. At March 31, 2026, the value of restricted securities in the Portfolio totaled $11,608, or 0.0% of the Portfolio's net <br> assets.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (c) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 4 of the Notes to Schedules of <br> Investments.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (d) | Includes $181,937 of cash pledged as collateral for the futures contracts outstanding at March 31, 2026. See also the following Schedule of Open Futures <br> Contracts.<br>|

---

The accompanying notes are an integral part of these financial statements.

**Schedule of Open Futures Contracts**

**March 31, 2026 (Unaudited)** 

**Long Futures Contracts** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **contracts**<br>| **Expiration Date** | **Notional**<br> **Amount**<br>| **Value** | **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Variation Margin** <br> **Receivable** <br> **(Payable)**<br>|
| CME E-mini Russell 2000 Index - Long | 17 | June 18, 2026 | &nbsp;&nbsp; $2144395 | &nbsp;&nbsp; $2135370 | &nbsp;&nbsp; $(9025)<br>| &nbsp;&nbsp; $71400 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$2144395** | &nbsp;&nbsp; **$2135370** | &nbsp;&nbsp; **$(9025)**<br>| &nbsp;&nbsp; **$71400** |

---

The accompanying notes are an integral part of these financial statements. <br>

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP S&P MidCap 400**<sup>®</sup> **Index Portfolio**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

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

---

| | | |
|:---|:---|:---|
| **Common Stocks–99.5%** | **Shares** | **Value** |
| **Communication Services–1.0%** |  |  |
| New York Times Co. / The Class A (Media) | &nbsp;&nbsp; 25478 | &nbsp;&nbsp; $2133273 |
| Nexstar Media Group, Inc. (Media) | &nbsp;&nbsp; 4495 | &nbsp;&nbsp; 812831 |
| &nbsp;&nbsp;&nbsp; Pinterest, Inc. Class A (Interactive Media & <br> Svs.)<br>(a) | &nbsp;&nbsp; 92324 | &nbsp;&nbsp; 1693222 |
| &nbsp;&nbsp;&nbsp; Warner Music Group Corp. Class A <br> (Entertainment)<br>| &nbsp;&nbsp; 23176 | &nbsp;&nbsp; 591915 |
|  |  | &nbsp;&nbsp; 5231241 |
| **Consumer Discretionary–11.0%** |  |  |
| &nbsp;&nbsp;&nbsp; Abercrombie & Fitch Co. Class A <br> (Specialty Retail)<br>(a) | &nbsp;&nbsp; 7232 | &nbsp;&nbsp; 660788 |
| Aramark (Hotels, Restaurants & Leisure) | &nbsp;&nbsp; 41448 | &nbsp;&nbsp; 1680302 |
| Autoliv, Inc. (Automobile Components) | &nbsp;&nbsp; 10838 | &nbsp;&nbsp; 1139724 |
| AutoNation, Inc. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 4105 | &nbsp;&nbsp; 801542 |
| Bath & Body Works, Inc. (Specialty Retail) | &nbsp;&nbsp; 32284 | &nbsp;&nbsp; 602742 |
| BorgWarner, Inc. (Automobile Components) | &nbsp;&nbsp; 32651 | &nbsp;&nbsp; 1771643 |
| &nbsp;&nbsp;&nbsp; Boyd Gaming Corp. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 9116 | &nbsp;&nbsp; 749153 |
| Brunswick Corp. (Leisure Products) | &nbsp;&nbsp; 10256 | &nbsp;&nbsp; 746227 |
| Burlington Stores, Inc. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 9805 | &nbsp;&nbsp; 3190351 |
| &nbsp;&nbsp;&nbsp; Capri Holdings Ltd. (Textiles, Apparel & Luxury <br> Goods)<br>(a) | &nbsp;&nbsp; 18791 | &nbsp;&nbsp; 331097 |
| &nbsp;&nbsp;&nbsp; Cava Group, Inc. (Hotels, Restaurants & <br> Leisure)<br>(a) | &nbsp;&nbsp; 15730 | &nbsp;&nbsp; 1272557 |
| Chewy, Inc. Class A (Specialty Retail)<br> (a) | &nbsp;&nbsp; 37613 | &nbsp;&nbsp; 1015551 |
| &nbsp;&nbsp;&nbsp; Choice Hotels International, Inc. (Hotels, <br> Restaurants & Leisure)<br>| &nbsp;&nbsp; 3259 | &nbsp;&nbsp; 337307 |
| &nbsp;&nbsp;&nbsp; Churchill Downs, Inc. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 10446 | &nbsp;&nbsp; 938364 |
| &nbsp;&nbsp;&nbsp; Columbia Sportswear Co. (Textiles, Apparel & <br> Luxury Goods)<br>| &nbsp;&nbsp; 3994 | &nbsp;&nbsp; 218911 |
| Crocs, Inc. (Textiles, Apparel & Luxury Goods)<br> (a) | &nbsp;&nbsp; 7922 | &nbsp;&nbsp; 657684 |
| Dick's Sporting Goods, Inc. (Specialty Retail) | &nbsp;&nbsp; 10471 | &nbsp;&nbsp; 2076295 |
| Duolingo, Inc. (Diversified Consumer Svs.)<br> (a) | &nbsp;&nbsp; 6310 | &nbsp;&nbsp; 621977 |
| &nbsp;&nbsp;&nbsp; Dutch Bros, Inc. Class A (Hotels, Restaurants <br> & Leisure)<br>(a) | &nbsp;&nbsp; 20032 | &nbsp;&nbsp; 1014821 |
| Five Below, Inc. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 8698 | &nbsp;&nbsp; 1987319 |
| &nbsp;&nbsp;&nbsp; Floor & Decor Holdings, Inc. Class A <br> (Specialty Retail)<br>(a) | &nbsp;&nbsp; 16993 | &nbsp;&nbsp; 863244 |
| GameStop Corp. Class A (Specialty Retail)<br> (a) | &nbsp;&nbsp; 64997 | &nbsp;&nbsp; 1497531 |
| Gap, Inc. / The (Specialty Retail) | &nbsp;&nbsp; 35777 | &nbsp;&nbsp; 865803 |
| Gentex Corp. (Automobile Components) | &nbsp;&nbsp; 34526 | &nbsp;&nbsp; 754393 |
| &nbsp;&nbsp;&nbsp; Goodyear Tire & Rubber Co. / The <br> (Automobile Components)<br>(a) | &nbsp;&nbsp; 45140 | &nbsp;&nbsp; 299278 |
| &nbsp;&nbsp;&nbsp; Graham Holdings Co. Class B (Diversified <br> Consumer Svs.)<br>| &nbsp;&nbsp; 536 | &nbsp;&nbsp; 566691 |
| &nbsp;&nbsp;&nbsp; Grand Canyon Education, Inc. (Diversified <br> Consumer Svs.)<br>(a) | &nbsp;&nbsp; 4357 | &nbsp;&nbsp; 740821 |
| H&R Block, Inc. (Diversified Consumer Svs.) | &nbsp;&nbsp; 19989 | &nbsp;&nbsp; 634451 |
| Harley-Davidson, Inc. (Automobiles) | &nbsp;&nbsp; 18630 | &nbsp;&nbsp; 376699 |
| &nbsp;&nbsp;&nbsp; Hilton Grand Vacations, Inc. (Hotels, <br> Restaurants & Leisure)<br>(a) | &nbsp;&nbsp; 9443 | &nbsp;&nbsp; 369410 |
| &nbsp;&nbsp;&nbsp; Hyatt Hotels Corp. Class A (Hotels, Restaurants <br> & Leisure)<br>| &nbsp;&nbsp; 6518 | &nbsp;&nbsp; 937223 |
| KB Home (Household Durables) | &nbsp;&nbsp; 9962 | &nbsp;&nbsp; 515534 |
| Lear Corp. (Automobile Components) | &nbsp;&nbsp; 7999 | &nbsp;&nbsp; 968519 |
| Lithia Motors, Inc. (Specialty Retail) | &nbsp;&nbsp; 3824 | &nbsp;&nbsp; 954929 |
| Macy's, Inc. (Broadline Retail) | &nbsp;&nbsp; 41928 | &nbsp;&nbsp; 758478 |
| Mattel, Inc. (Leisure Products)<br> (a) | &nbsp;&nbsp; 49012 | &nbsp;&nbsp; 712144 |
| Murphy U.S.A., Inc. (Specialty Retail) | &nbsp;&nbsp; 2664 | &nbsp;&nbsp; 1315936 |
| &nbsp;&nbsp;&nbsp; Ollie's Bargain Outlet Holdings, Inc. <br> (Broadline Retail)<br>(a) | &nbsp;&nbsp; 9672 | &nbsp;&nbsp; 890211 |
| &nbsp;&nbsp;&nbsp; Penske Automotive Group, Inc. <br> (Specialty Retail)<br>| &nbsp;&nbsp; 2908 | &nbsp;&nbsp; 434804 |
| &nbsp;&nbsp;&nbsp; Planet Fitness, Inc. Class A (Hotels, <br> Restaurants & Leisure)<br>(a) | &nbsp;&nbsp; 13086 | &nbsp;&nbsp; 973337 |
| Polaris, Inc. (Leisure Products) | &nbsp;&nbsp; 8427 | &nbsp;&nbsp; 459272 |
| PVH Corp. (Textiles, Apparel & Luxury Goods) | &nbsp;&nbsp; 7223 | &nbsp;&nbsp; 503877 |
| RH (Specialty Retail)<br> (a) | &nbsp;&nbsp; 2428 | &nbsp;&nbsp; 339483 |
| &nbsp;&nbsp;&nbsp; Service Corp. International (Diversified <br> Consumer Svs.)<br>| &nbsp;&nbsp; 21955 | &nbsp;&nbsp; 1811507 |
| &nbsp;&nbsp;&nbsp; Somnigroup International, Inc. <br> (Household Durables)<br>| &nbsp;&nbsp; 33101 | &nbsp;&nbsp; 2446826 |
| &nbsp;&nbsp;&nbsp; Taylor Morrison Home Corp. <br> (Household Durables)<br>(a) | &nbsp;&nbsp; 15411 | &nbsp;&nbsp; 897537 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Consumer Discretionary (continued)** |  |  |
| &nbsp;&nbsp;&nbsp; Texas Roadhouse, Inc. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 10431 | &nbsp;&nbsp; $1722575 |
| Thor Industries, Inc. (Automobiles) | &nbsp;&nbsp; 8332 | &nbsp;&nbsp; 665644 |
| Toll Brothers, Inc. (Household Durables) | &nbsp;&nbsp; 14942 | &nbsp;&nbsp; 2039135 |
| TopBuild Corp. (Household Durables)<br> (a) | &nbsp;&nbsp; 4401 | &nbsp;&nbsp; 1546071 |
| &nbsp;&nbsp;&nbsp; Travel + Leisure Co. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 10144 | &nbsp;&nbsp; 701863 |
| &nbsp;&nbsp;&nbsp; Vail Resorts, Inc. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 5642 | &nbsp;&nbsp; 723981 |
| Valvoline, Inc. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 20077 | &nbsp;&nbsp; 676193 |
| VF Corp. (Textiles, Apparel & Luxury Goods) | &nbsp;&nbsp; 51828 | &nbsp;&nbsp; 880558 |
| Visteon Corp. (Automobile Components) | &nbsp;&nbsp; 4303 | &nbsp;&nbsp; 392046 |
| Whirlpool Corp. (Household Durables) | &nbsp;&nbsp; 9998 | &nbsp;&nbsp; 539092 |
| Wingstop, Inc. (Hotels, Restaurants & Leisure) | &nbsp;&nbsp; 4382 | &nbsp;&nbsp; 679079 |
| &nbsp;&nbsp;&nbsp; Wyndham Hotels & Resorts, Inc. (Hotels, <br> Restaurants & Leisure)<br>| &nbsp;&nbsp; 11914 | &nbsp;&nbsp; 967774 |
| YETI Holdings, Inc. (Leisure Products)<br> (a) | &nbsp;&nbsp; 12270 | &nbsp;&nbsp; 448959 |
|  |  | &nbsp;&nbsp; 55685263 |
| **Consumer Staples–4.6%** |  |  |
| &nbsp;&nbsp;&nbsp; Albertsons Cos., Inc. Class A (Consumer <br> Staples Distribution & Retail)<br>| &nbsp;&nbsp; 58350 | &nbsp;&nbsp; 994284 |
| &nbsp;&nbsp;&nbsp; BellRing Brands, Inc. (Personal Care <br> Products)<br>(a) | &nbsp;&nbsp; 18493 | &nbsp;&nbsp; 297552 |
| &nbsp;&nbsp;&nbsp; BJ's Wholesale Club Holdings, Inc. (Consumer <br> Staples Distribution & Retail)<br>(a) | &nbsp;&nbsp; 20634 | &nbsp;&nbsp; 2030798 |
| &nbsp;&nbsp;&nbsp; Boston Beer Co., Inc. / The Class A <br> (Beverages)<br>(a) | &nbsp;&nbsp; 1213 | &nbsp;&nbsp; 279475 |
| &nbsp;&nbsp;&nbsp; Casey's General Stores, Inc. (Consumer <br> Staples Distribution & Retail)<br>| &nbsp;&nbsp; 5845 | &nbsp;&nbsp; 4254342 |
| Celsius Holdings, Inc. (Beverages)<br> (a) | &nbsp;&nbsp; 25204 | &nbsp;&nbsp; 894238 |
| Coca-Cola Consolidated, Inc. (Beverages) | &nbsp;&nbsp; 8920 | &nbsp;&nbsp; 1710321 |
| Coty, Inc. Class A (Personal Care Products)<br> (a) | &nbsp;&nbsp; 58284 | &nbsp;&nbsp; 117151 |
| Darling Ingredients, Inc. (Food Products)<br> (a) | &nbsp;&nbsp; 24945 | &nbsp;&nbsp; 1542848 |
| e.l.f. Beauty, Inc. (Personal Care Products)<br> (a) | &nbsp;&nbsp; 9312 | &nbsp;&nbsp; 564400 |
| Flowers Foods, Inc. (Food Products) | &nbsp;&nbsp; 33302 | &nbsp;&nbsp; 271411 |
| Ingredion, Inc. (Food Products) | &nbsp;&nbsp; 9935 | &nbsp;&nbsp; 1119277 |
| &nbsp;&nbsp;&nbsp; Maplebear, Inc. (Consumer Staples <br> Distribution & Retail)<br>(a) | &nbsp;&nbsp; 28980 | &nbsp;&nbsp; 1085591 |
| Marzetti Company / The (Food Products) | &nbsp;&nbsp; 3200 | &nbsp;&nbsp; 442656 |
| &nbsp;&nbsp;&nbsp; Performance Food Group Co. (Consumer <br> Staples Distribution & Retail)<br>(a) | &nbsp;&nbsp; 24774 | &nbsp;&nbsp; 2122141 |
| Pilgrim's Pride Corp. (Food Products) | &nbsp;&nbsp; 6743 | &nbsp;&nbsp; 254616 |
| Post Holdings, Inc. (Food Products)<br> (a) | &nbsp;&nbsp; 6655 | &nbsp;&nbsp; 657913 |
| &nbsp;&nbsp;&nbsp; Sprouts Farmers Market, Inc. (Consumer <br> Staples Distribution & Retail)<br>(a) | &nbsp;&nbsp; 15355 | &nbsp;&nbsp; 1184331 |
| &nbsp;&nbsp;&nbsp; U.S. Foods Holding Corp. (Consumer Staples <br> Distribution & Retail)<br>(a) | &nbsp;&nbsp; 34778 | &nbsp;&nbsp; 3206880 |
|  |  | &nbsp;&nbsp; 23030225 |
| **Energy–5.4%** |  |  |
| &nbsp;&nbsp;&nbsp; Antero Midstream Corp. (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 52222 | &nbsp;&nbsp; 1190662 |
| &nbsp;&nbsp;&nbsp; Antero Resources Corp. (Oil, Gas & <br> Consumable Fuels)<br>(a) | &nbsp;&nbsp; 46220 | &nbsp;&nbsp; 1961577 |
| &nbsp;&nbsp;&nbsp; Chord Energy Corp. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 8967 | &nbsp;&nbsp; 1274928 |
| &nbsp;&nbsp;&nbsp; CNX Resources Corp. (Oil, Gas & Consumable <br> Fuels)<br>(a) | &nbsp;&nbsp; 22451 | &nbsp;&nbsp; 865486 |
| &nbsp;&nbsp;&nbsp; DT Midstream, Inc. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 16033 | &nbsp;&nbsp; 2159164 |
| &nbsp;&nbsp;&nbsp; HF Sinclair Corp. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 24656 | &nbsp;&nbsp; 1538288 |
| &nbsp;&nbsp;&nbsp; Matador Resources Co. (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 18421 | &nbsp;&nbsp; 1163839 |
| &nbsp;&nbsp;&nbsp; Murphy Oil Corp. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 21159 | &nbsp;&nbsp; 872809 |
| NOV, Inc. (Energy Equip. & Svs.) | &nbsp;&nbsp; 56834 | &nbsp;&nbsp; 1069047 |
| Ovintiv, Inc. (Oil, Gas & Consumable Fuels) | &nbsp;&nbsp; 43787 | &nbsp;&nbsp; 2599196 |
| &nbsp;&nbsp;&nbsp; PBF Energy, Inc. Class A (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 13092 | &nbsp;&nbsp; 623441 |
| &nbsp;&nbsp;&nbsp; Permian Resources Corp. Class A (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 116750 | &nbsp;&nbsp; 2489110 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP S&P MidCap 400**<sup>®</sup> **Index Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Energy (continued)** |  |  |
| &nbsp;&nbsp;&nbsp; Range Resources Corp. (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 37364 | &nbsp;&nbsp; $1688105 |
| TechnipFMC PLC (Energy Equip. & Svs.) | &nbsp;&nbsp; 63791 | &nbsp;&nbsp; 4409873 |
| Valaris Ltd. (Energy Equip. & Svs.)<br> (a) | &nbsp;&nbsp; 10153 | &nbsp;&nbsp; 995400 |
| &nbsp;&nbsp;&nbsp; Viper Energy, Inc. Class A (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 29303 | &nbsp;&nbsp; 1376948 |
| &nbsp;&nbsp;&nbsp; Weatherford International PLC (Energy Equip. <br> & Svs.)<br>| &nbsp;&nbsp; 11310 | &nbsp;&nbsp; 1069700 |
|  |  | &nbsp;&nbsp; 27347573 |
| **Financials–14.9%** |  |  |
| &nbsp;&nbsp;&nbsp; Affiliated Managers Group, Inc. <br> (Capital Markets)<br>| &nbsp;&nbsp; 4436 | &nbsp;&nbsp; 1227441 |
| Ally Financial, Inc. (Consumer Finance) | &nbsp;&nbsp; 44269 | &nbsp;&nbsp; 1736673 |
| American Financial Group, Inc. (Insurance) | &nbsp;&nbsp; 10916 | &nbsp;&nbsp; 1394082 |
| &nbsp;&nbsp;&nbsp; Annaly Capital Management, Inc. <br> (Mortgage REIT)<br>| &nbsp;&nbsp; 113286 | &nbsp;&nbsp; 2395999 |
| Associated Banc-Corp (Banks) | &nbsp;&nbsp; 25799 | &nbsp;&nbsp; 667162 |
| Bank OZK (Banks) | &nbsp;&nbsp; 16362 | &nbsp;&nbsp; 750852 |
| Brighthouse Financial, Inc. (Insurance)<br> (a) | &nbsp;&nbsp; 9018 | &nbsp;&nbsp; 539998 |
| Carlyle Group, Inc. / The (Capital Markets) | &nbsp;&nbsp; 40921 | &nbsp;&nbsp; 1980167 |
| CNO Financial Group, Inc. (Insurance) | &nbsp;&nbsp; 14902 | &nbsp;&nbsp; 611876 |
| Columbia Banking System, Inc. (Banks) | &nbsp;&nbsp; 46587 | &nbsp;&nbsp; 1277882 |
| Commerce Bancshares, Inc. (Banks) | &nbsp;&nbsp; 21611 | &nbsp;&nbsp; 1063261 |
| Corebridge Financial, Inc. (Financial Services) | &nbsp;&nbsp; 40258 | &nbsp;&nbsp; 960556 |
| Cullen / Frost Bankers, Inc. (Banks) | &nbsp;&nbsp; 9967 | &nbsp;&nbsp; 1366276 |
| East West Bancorp, Inc. (Banks) | &nbsp;&nbsp; 21697 | &nbsp;&nbsp; 2316372 |
| Equitable Holdings, Inc. (Financial Services) | &nbsp;&nbsp; 44675 | &nbsp;&nbsp; 1657889 |
| Essent Group Ltd. (Financial Services) | &nbsp;&nbsp; 15053 | &nbsp;&nbsp; 879697 |
| Euronet Worldwide, Inc. (Financial Services)<br> (a) | &nbsp;&nbsp; 6166 | &nbsp;&nbsp; 409238 |
| Evercore, Inc. Class A (Capital Markets) | &nbsp;&nbsp; 6099 | &nbsp;&nbsp; 1820613 |
| Federated Hermes, Inc. (Capital Markets) | &nbsp;&nbsp; 11654 | &nbsp;&nbsp; 660898 |
| Fidelity National Financial, Inc. (Insurance) | &nbsp;&nbsp; 40221 | &nbsp;&nbsp; 1865450 |
| First American Financial Corp. (Insurance) | &nbsp;&nbsp; 16069 | &nbsp;&nbsp; 968800 |
| First Financial Bankshares, Inc. (Banks) | &nbsp;&nbsp; 20551 | &nbsp;&nbsp; 605227 |
| First Horizon Corp. (Banks) | &nbsp;&nbsp; 76482 | &nbsp;&nbsp; 1740730 |
| FirstCash Holdings, Inc. (Consumer Finance) | &nbsp;&nbsp; 6104 | &nbsp;&nbsp; 1147552 |
| Flagstar Bank N.A. (Banks) | &nbsp;&nbsp; 47231 | &nbsp;&nbsp; 622032 |
| FNB Corp. (Banks) | &nbsp;&nbsp; 56345 | &nbsp;&nbsp; 942089 |
| Glacier Bancorp, Inc. (Banks) | &nbsp;&nbsp; 20291 | &nbsp;&nbsp; 906399 |
| Hamilton Lane, Inc. Class A (Capital Markets) | &nbsp;&nbsp; 6444 | &nbsp;&nbsp; 640534 |
| Hancock Whitney Corp. (Banks) | &nbsp;&nbsp; 12972 | &nbsp;&nbsp; 824890 |
| &nbsp;&nbsp;&nbsp; Hanover Insurance Group, Inc. / The <br> (Insurance)<br>| &nbsp;&nbsp; 5582 | &nbsp;&nbsp; 967640 |
| Home BancShares, Inc. (Banks) | &nbsp;&nbsp; 28849 | &nbsp;&nbsp; 776904 |
| Houlihan Lokey, Inc. (Capital Markets) | &nbsp;&nbsp; 8571 | &nbsp;&nbsp; 1230967 |
| International Bancshares Corp. (Banks) | &nbsp;&nbsp; 8529 | &nbsp;&nbsp; 573917 |
| Janus Henderson Group PLC (Capital Markets) | &nbsp;&nbsp; 19438 | &nbsp;&nbsp; 998530 |
| &nbsp;&nbsp;&nbsp; Jefferies Financial Group, Inc. <br> (Capital Markets)<br>| &nbsp;&nbsp; 26075 | &nbsp;&nbsp; 1076115 |
| Kinsale Capital Group, Inc. (Insurance) | &nbsp;&nbsp; 3485 | &nbsp;&nbsp; 1190685 |
| MGIC Investment Corp. (Financial Services) | &nbsp;&nbsp; 34593 | &nbsp;&nbsp; 908066 |
| Morningstar, Inc. (Capital Markets) | &nbsp;&nbsp; 3620 | &nbsp;&nbsp; 611961 |
| Old National Bancorp (Banks) | &nbsp;&nbsp; 54688 | &nbsp;&nbsp; 1208605 |
| Old Republic International Corp. (Insurance) | &nbsp;&nbsp; 35900 | &nbsp;&nbsp; 1432410 |
| Pinnacle Financial Partners, Inc. (Banks) | &nbsp;&nbsp; 23740 | &nbsp;&nbsp; 2044964 |
| Primerica, Inc. (Insurance) | &nbsp;&nbsp; 5033 | &nbsp;&nbsp; 1260666 |
| Prosperity Bancshares, Inc. (Banks) | &nbsp;&nbsp; 15934 | &nbsp;&nbsp; 1070446 |
| &nbsp;&nbsp;&nbsp; Reinsurance Group of America, Inc. <br> (Insurance)<br>| &nbsp;&nbsp; 10363 | &nbsp;&nbsp; 2115710 |
| RenaissanceRe Holdings Ltd. (Insurance) | &nbsp;&nbsp; 6858 | &nbsp;&nbsp; 2038403 |
| RLI Corp. (Insurance) | &nbsp;&nbsp; 14482 | &nbsp;&nbsp; 826053 |
| Ryan Specialty Holdings, Inc. (Insurance) | &nbsp;&nbsp; 17985 | &nbsp;&nbsp; 606814 |
| SEI Investments Co. (Capital Markets) | &nbsp;&nbsp; 14649 | &nbsp;&nbsp; 1149507 |
| Selective Insurance Group, Inc. (Insurance) | &nbsp;&nbsp; 9475 | &nbsp;&nbsp; 714320 |
| &nbsp;&nbsp;&nbsp; Shift4 Payments, Inc. Class A <br> (Financial Services)<br>(a) | &nbsp;&nbsp; 10655 | &nbsp;&nbsp; 465943 |
| SLM Corp. (Consumer Finance) | &nbsp;&nbsp; 31413 | &nbsp;&nbsp; 672552 |
| Southstate Bank Corp. (Banks) | &nbsp;&nbsp; 15634 | &nbsp;&nbsp; 1446458 |
| Starwood Property Trust, Inc. (Mortgage REIT) | &nbsp;&nbsp; 54895 | &nbsp;&nbsp; 945292 |
| Stifel Financial Corp. (Capital Markets) | &nbsp;&nbsp; 24048 | &nbsp;&nbsp; 1777628 |
| Texas Capital Bancshares, Inc. (Banks)<br> (a) | &nbsp;&nbsp; 6966 | &nbsp;&nbsp; 660934 |
| UMB Financial Corp. (Banks) | &nbsp;&nbsp; 11260 | &nbsp;&nbsp; 1270016 |
| United Bankshares, Inc. (Banks) | &nbsp;&nbsp; 22007 | &nbsp;&nbsp; 911530 |
| Unum Group (Insurance) | &nbsp;&nbsp; 24040 | &nbsp;&nbsp; 1755641 |
| Valley National Bancorp (Banks) | &nbsp;&nbsp; 75487 | &nbsp;&nbsp; 926980 |
| Voya Financial, Inc. (Financial Services) | &nbsp;&nbsp; 14823 | &nbsp;&nbsp; 1012707 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Financials (continued)** |  |  |
| Webster Financial Corp. (Banks) | &nbsp;&nbsp; 25426 | &nbsp;&nbsp; $1765073 |
| Western Alliance Bancorp (Banks) | &nbsp;&nbsp; 16194 | &nbsp;&nbsp; 1147345 |
| WEX, Inc. (Financial Services)<br> (a) | &nbsp;&nbsp; 5407 | &nbsp;&nbsp; 827487 |
| Wintrust Financial Corp. (Banks) | &nbsp;&nbsp; 10562 | &nbsp;&nbsp; 1467484 |
| Zions Bancorp N.A. (Banks) | &nbsp;&nbsp; 23284 | &nbsp;&nbsp; 1341624 |
|  |  | &nbsp;&nbsp; 75178012 |
| **Health Care–8.9%** |  |  |
| &nbsp;&nbsp;&nbsp; Arrowhead Pharmaceuticals, Inc. <br> (Biotechnology)<br>(a) | &nbsp;&nbsp; 22082 | &nbsp;&nbsp; 1384541 |
| Avantor, Inc. (Life Sciences Tools & Svs.)<br> (a) | &nbsp;&nbsp; 107557 | &nbsp;&nbsp; 843247 |
| &nbsp;&nbsp;&nbsp; BioMarin Pharmaceutical, Inc. <br> (Biotechnology)<br>(a) | &nbsp;&nbsp; 30295 | &nbsp;&nbsp; 1711365 |
| &nbsp;&nbsp;&nbsp; Bio-Rad Laboratories, Inc. Class A (Life <br> Sciences Tools & Svs.)<br>(a) | &nbsp;&nbsp; 2867 | &nbsp;&nbsp; 799176 |
| Bruker Corp. (Life Sciences Tools & Svs.) | &nbsp;&nbsp; 17491 | &nbsp;&nbsp; 631775 |
| Chemed Corp. (Health Care Providers & Svs.) | &nbsp;&nbsp; 2234 | &nbsp;&nbsp; 843871 |
| Cytokinetics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 19281 | &nbsp;&nbsp; 1270811 |
| &nbsp;&nbsp;&nbsp; DENTSPLY SIRONA, Inc. (Health Care Equip. & <br> Supplies)<br>| &nbsp;&nbsp; 31468 | &nbsp;&nbsp; 365029 |
| &nbsp;&nbsp;&nbsp; Doximity, Inc. Class A (Health Care <br> Technology)<br>(a) | &nbsp;&nbsp; 21101 | &nbsp;&nbsp; 491653 |
| Elanco Animal Health, Inc. (Pharmaceuticals)<br> (a) | &nbsp;&nbsp; 78353 | &nbsp;&nbsp; 1874987 |
| &nbsp;&nbsp;&nbsp; Encompass Health Corp. (Health Care <br> Providers & Svs.)<br>| &nbsp;&nbsp; 15867 | &nbsp;&nbsp; 1534815 |
| &nbsp;&nbsp;&nbsp; Ensign Group, Inc. / The (Health Care Providers <br> & Svs.)<br>| &nbsp;&nbsp; 9095 | &nbsp;&nbsp; 1832642 |
| &nbsp;&nbsp;&nbsp; Envista Holdings Corp. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 25842 | &nbsp;&nbsp; 655612 |
| Exelixis, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 40955 | &nbsp;&nbsp; 1756560 |
| &nbsp;&nbsp;&nbsp; Globus Medical, Inc. Class A (Health Care <br> Equip. & Supplies)<br>(a) | &nbsp;&nbsp; 17569 | &nbsp;&nbsp; 1513745 |
| &nbsp;&nbsp;&nbsp; Haemonetics Corp. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 7328 | &nbsp;&nbsp; 413006 |
| Halozyme Therapeutics, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 18544 | &nbsp;&nbsp; 1198499 |
| &nbsp;&nbsp;&nbsp; HealthEquity, Inc. (Health Care Providers & <br> Svs.)<br>(a) | &nbsp;&nbsp; 13473 | &nbsp;&nbsp; 1125939 |
| &nbsp;&nbsp;&nbsp; Hims & Hers Health, Inc. (Health Care <br> Providers & Svs.)<br>(a) | &nbsp;&nbsp; 32849 | &nbsp;&nbsp; 681945 |
| Illumina, Inc. (Life Sciences Tools & Svs.)<br> (a) | &nbsp;&nbsp; 24112 | &nbsp;&nbsp; 2972045 |
| Jazz Pharmaceuticals PLC (Pharmaceuticals)<br> (a) | &nbsp;&nbsp; 9582 | &nbsp;&nbsp; 1811477 |
| &nbsp;&nbsp;&nbsp; Lantheus Holdings, Inc. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 10457 | &nbsp;&nbsp; 793163 |
| LivaNova PLC (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 8611 | &nbsp;&nbsp; 547315 |
| Masimo Corp. (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 7200 | &nbsp;&nbsp; 1280664 |
| &nbsp;&nbsp;&nbsp; Medpace Holdings, Inc. (Life Sciences Tools & <br> Svs.)<br>(a) | &nbsp;&nbsp; 3536 | &nbsp;&nbsp; 1697952 |
| Neurocrine Biosciences, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 15827 | &nbsp;&nbsp; 2085049 |
| &nbsp;&nbsp;&nbsp; Option Care Health, Inc. (Health Care Providers <br> & Svs.)<br>(a) | &nbsp;&nbsp; 25031 | &nbsp;&nbsp; 673835 |
| &nbsp;&nbsp;&nbsp; Penumbra, Inc. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 6186 | &nbsp;&nbsp; 2031297 |
| Repligen Corp. (Life Sciences Tools & Svs.)<br> (a) | &nbsp;&nbsp; 8344 | &nbsp;&nbsp; 983090 |
| Roivant Sciences Ltd. (Biotechnology)<br> (a) | &nbsp;&nbsp; 71103 | &nbsp;&nbsp; 1969553 |
| Sotera Health Co. (Life Sciences Tools & Svs.)<br> (a) | &nbsp;&nbsp; 36736 | &nbsp;&nbsp; 526794 |
| &nbsp;&nbsp;&nbsp; Tenet Healthcare Corp. (Health Care Providers <br> & Svs.)<br>(a) | &nbsp;&nbsp; 13859 | &nbsp;&nbsp; 2615332 |
| United Therapeutics Corp. (Biotechnology)<br> (a) | &nbsp;&nbsp; 6790 | &nbsp;&nbsp; 4026334 |
|  |  | &nbsp;&nbsp; 44943118 |
| **Industrials–25.5%** |  |  |
| AAON, Inc. (Building Products) | &nbsp;&nbsp; 10671 | &nbsp;&nbsp; 883025 |
| Acuity, Inc. (Electrical Equip.) | &nbsp;&nbsp; 4804 | &nbsp;&nbsp; 1346177 |
| &nbsp;&nbsp;&nbsp; Advanced Drainage Systems, Inc. <br> (Building Products)<br>| &nbsp;&nbsp; 11301 | &nbsp;&nbsp; 1549706 |
| AECOM (Construction & Engineering) | &nbsp;&nbsp; 20388 | &nbsp;&nbsp; 1729310 |
| AeroVironment, Inc. (Aerospace & Defense)<br> (a) | &nbsp;&nbsp; 5016 | &nbsp;&nbsp; 918179 |
| AGCO Corp. (Machinery) | &nbsp;&nbsp; 9476 | &nbsp;&nbsp; 1097984 |
| Alaska Air Group, Inc. (Passenger Airlines)<br> (a) | &nbsp;&nbsp; 18078 | &nbsp;&nbsp; 664909 |
| &nbsp;&nbsp;&nbsp; American Airlines Group, Inc. <br> (Passenger Airlines)<br>(a) | &nbsp;&nbsp; 104126 | &nbsp;&nbsp; 1118313 |
| API Group Corp. (Construction & Engineering)<br> (a) | &nbsp;&nbsp; 60508 | &nbsp;&nbsp; 2451784 |
| &nbsp;&nbsp;&nbsp; Applied Industrial Technologies, Inc. (Trading <br> Companies & Distributors)<br>| &nbsp;&nbsp; 5882 | &nbsp;&nbsp; 1560612 |
| ATI, Inc. (Aerospace & Defense)<br> (a) | &nbsp;&nbsp; 21425 | &nbsp;&nbsp; 3116481 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP S&P MidCap 400**<sup>®</sup> **Index Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Industrials (continued)** |  |  |
| &nbsp;&nbsp;&nbsp; Avis Budget Group, Inc. <br> (Ground Transportation)<br>(a) | &nbsp;&nbsp; 2664 | &nbsp;&nbsp; $388544 |
| &nbsp;&nbsp;&nbsp; Booz Allen Hamilton Holding Corp. <br> (Professional Svs.)<br>| &nbsp;&nbsp; 19017 | &nbsp;&nbsp; 1483897 |
| Brink's Co. / The (Commercial Svs. & Supplies) | &nbsp;&nbsp; 6552 | &nbsp;&nbsp; 678984 |
| &nbsp;&nbsp;&nbsp; BWX Technologies, Inc. (Aerospace & <br> Defense)<br>| &nbsp;&nbsp; 14418 | &nbsp;&nbsp; 2948337 |
| &nbsp;&nbsp;&nbsp; CACI International, Inc. Class A <br> (Professional Svs.)<br>(a) | &nbsp;&nbsp; 3483 | &nbsp;&nbsp; 1894299 |
| Carlisle Cos., Inc. (Building Products) | &nbsp;&nbsp; 6433 | &nbsp;&nbsp; 2146177 |
| &nbsp;&nbsp;&nbsp; Carpenter Technology Corp. (Aerospace & <br> Defense)<br>| &nbsp;&nbsp; 7855 | &nbsp;&nbsp; 3096048 |
| Chart Industries, Inc. (Machinery)<br> (a) | &nbsp;&nbsp; 7089 | &nbsp;&nbsp; 1465651 |
| &nbsp;&nbsp;&nbsp; Clean Harbors, Inc. (Commercial Svs. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 7920 | &nbsp;&nbsp; 2270902 |
| CNH Industrial N.V. (Machinery) | &nbsp;&nbsp; 139552 | &nbsp;&nbsp; 1535072 |
| Concentrix Corp. (Professional Svs.) | &nbsp;&nbsp; 6897 | &nbsp;&nbsp; 188702 |
| &nbsp;&nbsp;&nbsp; Core & Main, Inc. Class A (Trading Companies <br> & Distributors)<br>(a) | &nbsp;&nbsp; 29773 | &nbsp;&nbsp; 1470786 |
| Crane Co. (Machinery) | &nbsp;&nbsp; 7720 | &nbsp;&nbsp; 1320120 |
| Curtiss-Wright Corp. (Aerospace & Defense) | &nbsp;&nbsp; 5814 | &nbsp;&nbsp; 3960032 |
| Donaldson Co., Inc. (Machinery) | &nbsp;&nbsp; 18188 | &nbsp;&nbsp; 1543616 |
| &nbsp;&nbsp;&nbsp; Dycom Industries, Inc. (Construction & <br> Engineering)<br>(a) | &nbsp;&nbsp; 4726 | &nbsp;&nbsp; 1601263 |
| EnerSys (Electrical Equip.) | &nbsp;&nbsp; 5811 | &nbsp;&nbsp; 1009487 |
| Esab Corp. (Machinery) | &nbsp;&nbsp; 8999 | &nbsp;&nbsp; 869843 |
| ExlService Holdings, Inc. (Professional Svs.)<br> (a) | &nbsp;&nbsp; 24782 | &nbsp;&nbsp; 754612 |
| Exponent, Inc. (Professional Svs.) | &nbsp;&nbsp; 7867 | &nbsp;&nbsp; 513322 |
| Flowserve Corp. (Machinery) | &nbsp;&nbsp; 20032 | &nbsp;&nbsp; 1472552 |
| Fluor Corp. (Construction & Engineering)<br> (a) | &nbsp;&nbsp; 25418 | &nbsp;&nbsp; 1185750 |
| &nbsp;&nbsp;&nbsp; Fortune Brands Innovations, Inc. <br> (Building Products)<br>| &nbsp;&nbsp; 18945 | &nbsp;&nbsp; 738287 |
| FTI Consulting, Inc. (Professional Svs.)<br> (a) | &nbsp;&nbsp; 4773 | &nbsp;&nbsp; 843723 |
| &nbsp;&nbsp;&nbsp; GATX Corp. (Trading Companies & <br> Distributors)<br>| &nbsp;&nbsp; 5630 | &nbsp;&nbsp; 961266 |
| Genpact Ltd. (Professional Svs.) | &nbsp;&nbsp; 24982 | &nbsp;&nbsp; 930580 |
| Graco, Inc. (Machinery) | &nbsp;&nbsp; 26145 | &nbsp;&nbsp; 2213174 |
| GXO Logistics, Inc. (Air Freight & Logistics)<br> (a) | &nbsp;&nbsp; 18058 | &nbsp;&nbsp; 936307 |
| Hexcel Corp. (Aerospace & Defense) | &nbsp;&nbsp; 11964 | &nbsp;&nbsp; 968247 |
| ITT, Inc. (Machinery) | &nbsp;&nbsp; 13562 | &nbsp;&nbsp; 2583968 |
| KBR, Inc. (Professional Svs.) | &nbsp;&nbsp; 20026 | &nbsp;&nbsp; 738158 |
| Kirby Corp. (Marine Transportation)<br> (a) | &nbsp;&nbsp; 8547 | &nbsp;&nbsp; 1135725 |
| &nbsp;&nbsp;&nbsp; Knight-Swift Transportation Holdings, Inc. <br> (Ground Transportation)<br>| &nbsp;&nbsp; 25600 | &nbsp;&nbsp; 1474048 |
| &nbsp;&nbsp;&nbsp; Kratos Defense & Security Solutions, Inc. <br> (Aerospace & Defense)<br>(a) | &nbsp;&nbsp; 29113 | &nbsp;&nbsp; 2052758 |
| Landstar System, Inc. (Ground Transportation) | &nbsp;&nbsp; 5371 | &nbsp;&nbsp; 861025 |
| Lincoln Electric Holdings, Inc. (Machinery) | &nbsp;&nbsp; 8677 | &nbsp;&nbsp; 2161267 |
| MasTec, Inc. (Construction & Engineering)<br> (a) | &nbsp;&nbsp; 9673 | &nbsp;&nbsp; 3112191 |
| Maximus, Inc. (Professional Svs.) | &nbsp;&nbsp; 8602 | &nbsp;&nbsp; 551388 |
| Middleby Corp. / The (Machinery)<br> (a) | &nbsp;&nbsp; 7308 | &nbsp;&nbsp; 968895 |
| Moog, Inc. Class A (Aerospace & Defense) | &nbsp;&nbsp; 4483 | &nbsp;&nbsp; 1311905 |
| &nbsp;&nbsp;&nbsp; MSA Safety, Inc. (Commercial Svs. & <br> Supplies)<br>| &nbsp;&nbsp; 5748 | &nbsp;&nbsp; 942385 |
| &nbsp;&nbsp;&nbsp; MSC Industrial Direct Co., Inc. Class A (Trading <br> Companies & Distributors)<br>| &nbsp;&nbsp; 7216 | &nbsp;&nbsp; 665820 |
| Mueller Industries, Inc. (Machinery) | &nbsp;&nbsp; 17506 | &nbsp;&nbsp; 1939665 |
| Nextpower, Inc. Class A (Electrical Equip.)<br> (a) | &nbsp;&nbsp; 23414 | &nbsp;&nbsp; 2822558 |
| nVent Electric PLC (Electrical Equip.) | &nbsp;&nbsp; 25446 | &nbsp;&nbsp; 3009753 |
| Oshkosh Corp. (Machinery) | &nbsp;&nbsp; 9975 | &nbsp;&nbsp; 1468420 |
| Owens Corning (Building Products) | &nbsp;&nbsp; 12961 | &nbsp;&nbsp; 1402639 |
| Parsons Corp. (Professional Svs.)<br> (a) | &nbsp;&nbsp; 8344 | &nbsp;&nbsp; 451994 |
| Paylocity Holding Corp. (Professional Svs.)<br> (a) | &nbsp;&nbsp; 6882 | &nbsp;&nbsp; 743531 |
| RB Global, Inc. (Commercial Svs. & Supplies) | &nbsp;&nbsp; 29283 | &nbsp;&nbsp; 2806776 |
| RBC Bearings, Inc. (Machinery)<br> (a) | &nbsp;&nbsp; 4986 | &nbsp;&nbsp; 2707996 |
| Regal Rexnord Corp. (Electrical Equip.) | &nbsp;&nbsp; 10471 | &nbsp;&nbsp; 1960799 |
| Ryder System, Inc. (Ground Transportation) | &nbsp;&nbsp; 6217 | &nbsp;&nbsp; 1272682 |
| Saia, Inc. (Ground Transportation)<br> (a) | &nbsp;&nbsp; 4201 | &nbsp;&nbsp; 1475727 |
| &nbsp;&nbsp;&nbsp; Science Applications International Corp. <br> (Professional Svs.)<br>| &nbsp;&nbsp; 7116 | &nbsp;&nbsp; 675451 |
| &nbsp;&nbsp;&nbsp; Sensata Technologies Holding PLC <br> (Electrical Equip.)<br>| &nbsp;&nbsp; 22973 | &nbsp;&nbsp; 809109 |
| &nbsp;&nbsp;&nbsp; Simpson Manufacturing Co., Inc. <br> (Building Products)<br>| &nbsp;&nbsp; 6538 | &nbsp;&nbsp; 1122052 |
| SPX Technologies, Inc. (Machinery)<br> (a) | &nbsp;&nbsp; 7859 | &nbsp;&nbsp; 1571328 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Industrials (continued)** |  |  |
| StandardAero, Inc. (Aerospace & Defense)<br> (a) | &nbsp;&nbsp; 29907 | &nbsp;&nbsp; $772498 |
| &nbsp;&nbsp;&nbsp; Sterling Infrastructure, Inc. (Construction & <br> Engineering)<br>(a) | &nbsp;&nbsp; 4844 | &nbsp;&nbsp; 1972816 |
| Terex Corp. (Machinery) | &nbsp;&nbsp; 17930 | &nbsp;&nbsp; 1059663 |
| Tetra Tech, Inc. (Commercial Svs. & Supplies) | &nbsp;&nbsp; 41128 | &nbsp;&nbsp; 1238775 |
| Timken Co. / The (Machinery) | &nbsp;&nbsp; 9996 | &nbsp;&nbsp; 1005298 |
| Toro Co. / The (Machinery) | &nbsp;&nbsp; 15372 | &nbsp;&nbsp; 1436360 |
| TransUnion (Professional Svs.) | &nbsp;&nbsp; 30340 | &nbsp;&nbsp; 2099225 |
| Trex Co., Inc. (Building Products)<br> (a) | &nbsp;&nbsp; 16914 | &nbsp;&nbsp; 616008 |
| UFP Industries, Inc. (Building Products) | &nbsp;&nbsp; 9187 | &nbsp;&nbsp; 846306 |
| UL Solutions, Inc. Class A (Professional Svs.) | &nbsp;&nbsp; 12183 | &nbsp;&nbsp; 1044205 |
| &nbsp;&nbsp;&nbsp; Valmont Industries, Inc. (Construction & <br> Engineering)<br>| &nbsp;&nbsp; 3107 | &nbsp;&nbsp; 1241464 |
| Vicor Corp. (Electrical Equip.)<br> (a) | &nbsp;&nbsp; 3583 | &nbsp;&nbsp; 576863 |
| &nbsp;&nbsp;&nbsp; Watsco, Inc. (Trading Companies & <br> Distributors)<br>| &nbsp;&nbsp; 5507 | &nbsp;&nbsp; 2003392 |
| &nbsp;&nbsp;&nbsp; Watts Water Technologies, Inc. Class A <br> (Machinery)<br>| &nbsp;&nbsp; 4325 | &nbsp;&nbsp; 1255504 |
| &nbsp;&nbsp;&nbsp; WESCO International, Inc. (Trading Companies <br> & Distributors)<br>| &nbsp;&nbsp; 7671 | &nbsp;&nbsp; 2098939 |
| Woodward, Inc. (Aerospace & Defense) | &nbsp;&nbsp; 9401 | &nbsp;&nbsp; 3364806 |
| XPO, Inc. (Ground Transportation)<br> (a) | &nbsp;&nbsp; 18473 | &nbsp;&nbsp; 3593922 |
|  |  | &nbsp;&nbsp; 128852117 |
| **Information Technology–12.2%** |  |  |
| &nbsp;&nbsp;&nbsp; Advanced Energy Industries, Inc. (Electronic <br> Equip., Instr. & Comp.)<br>| &nbsp;&nbsp; 5952 | &nbsp;&nbsp; 1920770 |
| &nbsp;&nbsp;&nbsp; Allegro MicroSystems, Inc. (Semiconductors & <br> Equip.)<br>(a) | &nbsp;&nbsp; 19577 | &nbsp;&nbsp; 617263 |
| &nbsp;&nbsp;&nbsp; Amkor Technology, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 17940 | &nbsp;&nbsp; 807838 |
| Appfolio, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 3838 | &nbsp;&nbsp; 605713 |
| &nbsp;&nbsp;&nbsp; Arrow Electronics, Inc. (Electronic Equip., Instr. <br> & Comp.)<br>(a) | &nbsp;&nbsp; 8056 | &nbsp;&nbsp; 1155311 |
| Avnet, Inc. (Electronic Equip., Instr. & Comp.) | &nbsp;&nbsp; 12909 | &nbsp;&nbsp; 795453 |
| Belden, Inc. (Electronic Equip., Instr. & Comp.) | &nbsp;&nbsp; 6197 | &nbsp;&nbsp; 711602 |
| Bentley Systems, Inc. Class B (Software) | &nbsp;&nbsp; 23485 | &nbsp;&nbsp; 824793 |
| BILL Holdings, Inc. (Software)<br> (a) | &nbsp;&nbsp; 13889 | &nbsp;&nbsp; 531949 |
| Blackbaud, Inc. (Software)<br> (a) | &nbsp;&nbsp; 5645 | &nbsp;&nbsp; 217953 |
| Cirrus Logic, Inc. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 8044 | &nbsp;&nbsp; 1163323 |
| &nbsp;&nbsp;&nbsp; Cognex Corp. (Electronic Equip., Instr. & <br> Comp.)<br>| &nbsp;&nbsp; 26131 | &nbsp;&nbsp; 1280158 |
| Commvault Systems, Inc. (Software)<br> (a) | &nbsp;&nbsp; 6934 | &nbsp;&nbsp; 540089 |
| &nbsp;&nbsp;&nbsp; Crane NXT Co. (Electronic Equip., Instr. & <br> Comp.)<br>| &nbsp;&nbsp; 7787 | &nbsp;&nbsp; 316074 |
| Docusign, Inc. (Software)<br> (a) | &nbsp;&nbsp; 31582 | &nbsp;&nbsp; 1497303 |
| Dolby Laboratories, Inc. Class A (Software) | &nbsp;&nbsp; 9601 | &nbsp;&nbsp; 576636 |
| Dropbox, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 27506 | &nbsp;&nbsp; 624936 |
| Dynatrace, Inc. (Software)<br> (a) | &nbsp;&nbsp; 47033 | &nbsp;&nbsp; 1739280 |
| Entegris, Inc. (Semiconductors & Equip.) | &nbsp;&nbsp; 23970 | &nbsp;&nbsp; 2810243 |
| &nbsp;&nbsp;&nbsp; Everpure, Inc. Class A (Tech. Hardware, <br> Storage & Periph.)<br>(a) | &nbsp;&nbsp; 49463 | &nbsp;&nbsp; 2920296 |
| Fabrinet (Electronic Equip., Instr. & Comp.)<br> (a) | &nbsp;&nbsp; 5650 | &nbsp;&nbsp; 2946588 |
| Flex Ltd. (Electronic Equip., Instr. & Comp.)<br> (a) | &nbsp;&nbsp; 57980 | &nbsp;&nbsp; 3795371 |
| Guidewire Software, Inc. (Software)<br> (a) | &nbsp;&nbsp; 13407 | &nbsp;&nbsp; 2005151 |
| InterDigital, Inc. (Software) | &nbsp;&nbsp; 4051 | &nbsp;&nbsp; 1223402 |
| &nbsp;&nbsp;&nbsp; IPG Photonics Corp. (Electronic Equip., Instr. & <br> Comp.)<br>(a) | &nbsp;&nbsp; 3986 | &nbsp;&nbsp; 456756 |
| Kyndryl Holdings, Inc. (IT Svs.)<br> (a) | &nbsp;&nbsp; 36043 | &nbsp;&nbsp; 472884 |
| &nbsp;&nbsp;&nbsp; Lattice Semiconductor Corp. (Semiconductors <br> & Equip.)<br>(a) | &nbsp;&nbsp; 21570 | &nbsp;&nbsp; 2000833 |
| &nbsp;&nbsp;&nbsp; Littelfuse, Inc. (Electronic Equip., Instr. & <br> Comp.)<br>| &nbsp;&nbsp; 3927 | &nbsp;&nbsp; 1332627 |
| &nbsp;&nbsp;&nbsp; MACOM Technology Solutions Holdings, Inc. <br> (Semiconductors & Equip.)<br>(a) | &nbsp;&nbsp; 10173 | &nbsp;&nbsp; 2259118 |
| Manhattan Associates, Inc. (Software)<br> (a) | &nbsp;&nbsp; 9438 | &nbsp;&nbsp; 1256387 |
| MKS, Inc. (Semiconductors & Equip.) | &nbsp;&nbsp; 10592 | &nbsp;&nbsp; 2434148 |
| &nbsp;&nbsp;&nbsp; Novanta, Inc. (Electronic Equip., Instr. & <br> Comp.)<br>(a) | &nbsp;&nbsp; 5642 | &nbsp;&nbsp; 666377 |
| Nutanix, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 42641 | &nbsp;&nbsp; 1620784 |
| Okta, Inc. (IT Svs.)<br> (a) | &nbsp;&nbsp; 26723 | &nbsp;&nbsp; 2103367 |
| &nbsp;&nbsp;&nbsp; Onto Innovation, Inc. (Semiconductors & <br> Equip.)<br>(a) | &nbsp;&nbsp; 7830 | &nbsp;&nbsp; 1605698 |
| Pegasystems, Inc. (Software) | &nbsp;&nbsp; 14395 | &nbsp;&nbsp; 612651 |
| Qualys, Inc. (Software)<br> (a) | &nbsp;&nbsp; 5655 | &nbsp;&nbsp; 496792 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP S&P MidCap 400**<sup>®</sup> **Index Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Information Technology (continued)** |  |  |
| Rambus, Inc. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 16976 | &nbsp;&nbsp; $1460445 |
| &nbsp;&nbsp;&nbsp; Silicon Laboratories, Inc. (Semiconductors & <br> Equip.)<br>(a) | &nbsp;&nbsp; 5197 | &nbsp;&nbsp; 1081756 |
| SiTime Corp. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 3484 | &nbsp;&nbsp; 1203199 |
| Synaptics, Inc. (Semiconductors & Equip.)<br> (a) | &nbsp;&nbsp; 6108 | &nbsp;&nbsp; 427804 |
| &nbsp;&nbsp;&nbsp; TD SYNNEX Corp. (Electronic Equip., Instr. & <br> Comp.)<br>| &nbsp;&nbsp; 11824 | &nbsp;&nbsp; 1994827 |
| &nbsp;&nbsp;&nbsp; TTM Technologies, Inc. (Electronic Equip., <br> Instr. & Comp.)<br>(a) | &nbsp;&nbsp; 16295 | &nbsp;&nbsp; 1587459 |
| Twilio, Inc. Class A (IT Svs.)<br> (a) | &nbsp;&nbsp; 23909 | &nbsp;&nbsp; 3008230 |
| UiPath, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 67527 | &nbsp;&nbsp; 749550 |
| &nbsp;&nbsp;&nbsp; Universal Display Corp. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 6972 | &nbsp;&nbsp; 639054 |
| &nbsp;&nbsp;&nbsp; Vontier Corp. (Electronic Equip., Instr. & <br> Comp.)<br>| &nbsp;&nbsp; 22330 | &nbsp;&nbsp; 792045 |
|  |  | &nbsp;&nbsp; 61890286 |
| **Materials–5.8%** |  |  |
| Alcoa Corp. (Metals & Mining) | &nbsp;&nbsp; 40837 | &nbsp;&nbsp; 2708718 |
| AptarGroup, Inc. (Containers & Packaging) | &nbsp;&nbsp; 10152 | &nbsp;&nbsp; 1279355 |
| Ashland, Inc. (Chemicals) | &nbsp;&nbsp; 7216 | &nbsp;&nbsp; 401282 |
| Avient Corp. (Chemicals) | &nbsp;&nbsp; 14439 | &nbsp;&nbsp; 524136 |
| Axalta Coating Systems Ltd. (Chemicals)<br> (a) | &nbsp;&nbsp; 33652 | &nbsp;&nbsp; 932160 |
| Cabot Corp. (Chemicals) | &nbsp;&nbsp; 8235 | &nbsp;&nbsp; 620178 |
| Cleveland-Cliffs, Inc. (Metals & Mining)<br> (a) | &nbsp;&nbsp; 89948 | &nbsp;&nbsp; 760061 |
| Commercial Metals Co. (Metals & Mining) | &nbsp;&nbsp; 17489 | &nbsp;&nbsp; 1074349 |
| &nbsp;&nbsp;&nbsp; Crown Holdings, Inc. (Containers & <br> Packaging)<br>| &nbsp;&nbsp; 17676 | &nbsp;&nbsp; 1772019 |
| Eagle Materials, Inc. (Construction Materials) | &nbsp;&nbsp; 4957 | &nbsp;&nbsp; 939104 |
| &nbsp;&nbsp;&nbsp; Graphic Packaging Holding Co. (Containers & <br> Packaging)<br>| &nbsp;&nbsp; 46540 | &nbsp;&nbsp; 462608 |
| Greif, Inc. Class A (Containers & Packaging) | &nbsp;&nbsp; 3903 | &nbsp;&nbsp; 261774 |
| Hecla Mining Co. (Metals & Mining) | &nbsp;&nbsp; 105671 | &nbsp;&nbsp; 1968651 |
| Knife River Corp. (Construction Materials)<br> (a) | &nbsp;&nbsp; 8936 | &nbsp;&nbsp; 729624 |
| &nbsp;&nbsp;&nbsp; Louisiana-Pacific Corp. (Paper & Forest <br> Products)<br>| &nbsp;&nbsp; 9994 | &nbsp;&nbsp; 727064 |
| MP Materials Corp. (Metals & Mining)<br> (a) | &nbsp;&nbsp; 21241 | &nbsp;&nbsp; 1025091 |
| NewMarket Corp. (Chemicals) | &nbsp;&nbsp; 1230 | &nbsp;&nbsp; 788368 |
| Olin Corp. (Chemicals) | &nbsp;&nbsp; 17914 | &nbsp;&nbsp; 532583 |
| Reliance, Inc. (Metals & Mining) | &nbsp;&nbsp; 8245 | &nbsp;&nbsp; 2505820 |
| Royal Gold, Inc. (Metals & Mining) | &nbsp;&nbsp; 12777 | &nbsp;&nbsp; 3251619 |
| RPM International, Inc. (Chemicals) | &nbsp;&nbsp; 20197 | &nbsp;&nbsp; 2007582 |
| Scotts Miracle-Gro Co. / The (Chemicals) | &nbsp;&nbsp; 7048 | &nbsp;&nbsp; 428589 |
| Silgan Holdings, Inc. (Containers & Packaging) | &nbsp;&nbsp; 13831 | &nbsp;&nbsp; 536643 |
| Solstice Advanced Materials, Inc. (Chemicals) | &nbsp;&nbsp; 25034 | &nbsp;&nbsp; 1906589 |
| &nbsp;&nbsp;&nbsp; Sonoco Products Co. (Containers & <br> Packaging)<br>| &nbsp;&nbsp; 15554 | &nbsp;&nbsp; 841316 |
| Westlake Corp. (Chemicals) | &nbsp;&nbsp; 5259 | &nbsp;&nbsp; 614356 |
|  |  | &nbsp;&nbsp; 29599639 |
| **Real Estate–6.8%** |  |  |
| Agree Realty Corp. (Retail REITs) | &nbsp;&nbsp; 18897 | &nbsp;&nbsp; 1424456 |
| &nbsp;&nbsp;&nbsp; American Healthcare REIT, Inc. (Health Care <br> REITs)<br>| &nbsp;&nbsp; 27977 | &nbsp;&nbsp; 1319395 |
| &nbsp;&nbsp;&nbsp; American Homes 4 Rent Class A <br> (Residential REITs)<br>| &nbsp;&nbsp; 51411 | &nbsp;&nbsp; 1435395 |
| Brixmor Property Group, Inc. (Retail REITs) | &nbsp;&nbsp; 48348 | &nbsp;&nbsp; 1392422 |
| CareTrust REIT, Inc. (Health Care REITs) | &nbsp;&nbsp; 35230 | &nbsp;&nbsp; 1291179 |
| COPT Defense Properties (Office REITs) | &nbsp;&nbsp; 17815 | &nbsp;&nbsp; 545139 |
| Cousins Properties, Inc. (Office REITs) | &nbsp;&nbsp; 26490 | &nbsp;&nbsp; 597879 |
| CubeSmart (Specialized REITs) | &nbsp;&nbsp; 35960 | &nbsp;&nbsp; 1317934 |
| EastGroup Properties, Inc. (Industrial REITs) | &nbsp;&nbsp; 8396 | &nbsp;&nbsp; 1554016 |
| EPR Properties (Specialized REITs) | &nbsp;&nbsp; 12007 | &nbsp;&nbsp; 599870 |
| &nbsp;&nbsp;&nbsp; Equity LifeStyle Properties, Inc. <br> (Residential REITs)<br>| &nbsp;&nbsp; 30567 | &nbsp;&nbsp; 1907992 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Real Estate (continued)** |  |  |
| &nbsp;&nbsp;&nbsp; First Industrial Realty Trust, Inc. <br> (Industrial REITs)<br>| &nbsp;&nbsp; 20898 | &nbsp;&nbsp; $1208949 |
| &nbsp;&nbsp;&nbsp; Gaming and Leisure Properties, Inc. <br> (Specialized REITs)<br>| &nbsp;&nbsp; 44629 | &nbsp;&nbsp; 1980189 |
| &nbsp;&nbsp;&nbsp; Healthcare Realty Trust, Inc. (Health Care <br> REITs)<br>| &nbsp;&nbsp; 55012 | &nbsp;&nbsp; 934654 |
| &nbsp;&nbsp;&nbsp; Independence Realty Trust, Inc. <br> (Residential REITs)<br>| &nbsp;&nbsp; 37350 | &nbsp;&nbsp; 556142 |
| &nbsp;&nbsp;&nbsp; Jones Lang LaSalle, Inc. (Real Estate Mgmt. & <br> Development)<br>(a) | &nbsp;&nbsp; 7442 | &nbsp;&nbsp; 2264749 |
| Kilroy Realty Corp. (Office REITs) | &nbsp;&nbsp; 17192 | &nbsp;&nbsp; 484986 |
| Kite Realty Group Trust (Retail REITs) | &nbsp;&nbsp; 34142 | &nbsp;&nbsp; 838186 |
| &nbsp;&nbsp;&nbsp; Lamar Advertising Co. Class A <br> (Specialized REITs)<br>| &nbsp;&nbsp; 13698 | &nbsp;&nbsp; 1734989 |
| &nbsp;&nbsp;&nbsp; National Storage Affiliates Trust <br> (Specialized REITs)<br>| &nbsp;&nbsp; 11162 | &nbsp;&nbsp; 421254 |
| NNN REIT, Inc. (Retail REITs) | &nbsp;&nbsp; 29952 | &nbsp;&nbsp; 1258883 |
| &nbsp;&nbsp;&nbsp; Omega Healthcare Investors, Inc. (Health Care <br> REITs)<br>| &nbsp;&nbsp; 46610 | &nbsp;&nbsp; 2042450 |
| &nbsp;&nbsp;&nbsp; Park Hotels & Resorts, Inc. (Hotel & Resort <br> REITs)<br>| &nbsp;&nbsp; 31523 | &nbsp;&nbsp; 331937 |
| Rayonier, Inc. (Specialized REITs) | &nbsp;&nbsp; 43861 | &nbsp;&nbsp; 904414 |
| &nbsp;&nbsp;&nbsp; Rexford Industrial Realty, Inc. <br> (Industrial REITs)<br>| &nbsp;&nbsp; 36305 | &nbsp;&nbsp; 1188263 |
| &nbsp;&nbsp;&nbsp; Sabra Health Care REIT, Inc. (Health Care <br> REITs)<br>| &nbsp;&nbsp; 39762 | &nbsp;&nbsp; 764623 |
| STAG Industrial, Inc. (Industrial REITs) | &nbsp;&nbsp; 30125 | &nbsp;&nbsp; 1086308 |
| Vornado Realty Trust (Office REITs) | &nbsp;&nbsp; 25256 | &nbsp;&nbsp; 656403 |
| W.P. Carey, Inc. (Diversified REITs) | &nbsp;&nbsp; 34558 | &nbsp;&nbsp; 2348562 |
|  |  | &nbsp;&nbsp; 34391618 |
| **Utilities–3.4%** |  |  |
| Black Hills Corp. (Multi-Utilities) | &nbsp;&nbsp; 11902 | &nbsp;&nbsp; 826118 |
| Essential Utilities, Inc. (Water Utilities) | &nbsp;&nbsp; 44624 | &nbsp;&nbsp; 1797008 |
| IDACORP, Inc. (Electric Utilities) | &nbsp;&nbsp; 8523 | &nbsp;&nbsp; 1218533 |
| National Fuel Gas Co. (Gas Utilities) | &nbsp;&nbsp; 14985 | &nbsp;&nbsp; 1407991 |
| New Jersey Resources Corp. (Gas Utilities) | &nbsp;&nbsp; 15903 | &nbsp;&nbsp; 873393 |
| &nbsp;&nbsp;&nbsp; Northwestern Energy Group, Inc. <br> (Multi-Utilities)<br>| &nbsp;&nbsp; 9689 | &nbsp;&nbsp; 638893 |
| OGE Energy Corp. (Electric Utilities) | &nbsp;&nbsp; 32402 | &nbsp;&nbsp; 1554000 |
| ONE Gas, Inc. (Gas Utilities) | &nbsp;&nbsp; 9462 | &nbsp;&nbsp; 814962 |
| &nbsp;&nbsp;&nbsp; Ormat Technologies, Inc. (Ind. Power & <br> Renewable Elec.)<br>| &nbsp;&nbsp; 9585 | &nbsp;&nbsp; 1072753 |
| Portland General Electric Co. (Electric Utilities) | &nbsp;&nbsp; 17739 | &nbsp;&nbsp; 936087 |
| Southwest Gas Holdings, Inc. (Gas Utilities) | &nbsp;&nbsp; 10131 | &nbsp;&nbsp; 880384 |
| Spire, Inc. (Gas Utilities) | &nbsp;&nbsp; 9319 | &nbsp;&nbsp; 843742 |
| &nbsp;&nbsp;&nbsp; Talen Energy Corp. (Ind. Power & Renewable <br> Elec.)<br>(a) | &nbsp;&nbsp; 7205 | &nbsp;&nbsp; 2300052 |
| TXNM Energy, Inc. (Electric Utilities) | &nbsp;&nbsp; 15459 | &nbsp;&nbsp; 903733 |
| UGI Corp. (Gas Utilities) | &nbsp;&nbsp; 33847 | &nbsp;&nbsp; 1232708 |
|  |  | &nbsp;&nbsp; 17300357 |
| **Total Common Stocks (Cost $438,248,695)** |  | &nbsp;&nbsp; $503449449 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **U.S. Treasury Obligations–0.0%** | **Rate** | **Maturity**  | **Face Amount** | **Value** |
| U.S. Treasury Bill<br> (b)(c) | 3.633% | 05/14/2026 | &nbsp;&nbsp; $205000 | &nbsp;&nbsp; $204108 |
| **Total U.S. Treasury Obligations (Cost $204,116)** | **Total U.S. Treasury Obligations (Cost $204,116)** | **Total U.S. Treasury Obligations (Cost $204,116)** | **Total U.S. Treasury Obligations (Cost $204,116)** | &nbsp;&nbsp; $204108 |
| **Total Investments – 99.5% (Cost $438,452,811)** | **Total Investments – 99.5% (Cost $438,452,811)** | **Total Investments – 99.5% (Cost $438,452,811)** | (d) | &nbsp;&nbsp; $503653557 |
| **Other Assets in Excess of Liabilities – 0.5%** | **Other Assets in Excess of Liabilities – 0.5%** | **Other Assets in Excess of Liabilities – 0.5%** | (b) | &nbsp;&nbsp; 2598564 |
| **Net Assets – 100.0%** | **Net Assets – 100.0%** | **Net Assets – 100.0%** | **Net Assets – 100.0%** | &nbsp;&nbsp; $506252121 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

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

Abbreviations: <br> REITs: Real Estate Investment Trusts

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP S&P MidCap 400**<sup>®</sup> **Index Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | |
|:---|:---|
| Footnotes: | Footnotes: |
| &nbsp;&nbsp;&nbsp;&nbsp; (a) | Non-income producing security. |
| &nbsp;&nbsp;&nbsp;&nbsp; (b) | Security is fully pledged, in addition to $41,973 of the Portfolio's cash holdings, as collateral for the futures contracts outstanding at March 31, 2026. See also the <br> following Schedule of Open Futures Contracts.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (c) | Zero coupon bond. Rate disclosed is the current yield as of March 31, 2026 |
| &nbsp;&nbsp;&nbsp;&nbsp; (d) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 4 of the Notes to Schedules of <br> Investments.<br>|

---

The accompanying notes are an integral part of these financial statements.

**Schedule of Open Futures Contracts**

**March 31, 2026 (Unaudited)** 

**Long Futures Contracts** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **contracts**<br>| **Expiration Date** | **Notional**<br> **Amount**<br>| **Value** | **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Variation Margin** <br> **Receivable** <br> **(Payable)**<br>|
| CME E-mini S&P MidCap 400 Index - Long | 10 | June 18, 2026 | &nbsp;&nbsp; $3383774 | &nbsp;&nbsp; $3396500 | &nbsp;&nbsp; $12726 | &nbsp;&nbsp; $95500 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$3383774** | &nbsp;&nbsp; **$3396500** | &nbsp;&nbsp; **$12726** | &nbsp;&nbsp; **$95500** |

---

The accompanying notes are an integral part of these financial statements. <br>

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP BlackRock Advantage Large Cap Growth Portfolio**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

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

---

| | | |
|:---|:---|:---|
| **Common Stocks–98.4%** | **Shares** | **Value** |
| **Communication Services–12.1%** |  |  |
| &nbsp;&nbsp;&nbsp; Alphabet, Inc. Class A (Interactive Media & <br> Svs.)<br>| &nbsp;&nbsp; 50003 | &nbsp;&nbsp; $14378863 |
| &nbsp;&nbsp;&nbsp; Alphabet, Inc. Class C (Interactive Media & <br> Svs.)<br>| &nbsp;&nbsp; 44282 | &nbsp;&nbsp; 12702735 |
| &nbsp;&nbsp;&nbsp; Meta Platforms, Inc. Class A (Interactive <br> Media & Svs.)<br>| &nbsp;&nbsp; 25785 | &nbsp;&nbsp; 14752372 |
| Netflix, Inc. (Entertainment)<br> (a) | &nbsp;&nbsp; 72207 | &nbsp;&nbsp; 6942703 |
| Spotify Technology SA (Entertainment)<br> (a) | &nbsp;&nbsp; 3208 | &nbsp;&nbsp; 1555591 |
|  |  | &nbsp;&nbsp; 50332264 |
| **Consumer Discretionary–13.1%** |  |  |
| &nbsp;&nbsp;&nbsp; Airbnb, Inc. Class A (Hotels, Restaurants & <br> Leisure)<br>(a) | &nbsp;&nbsp; 8626 | &nbsp;&nbsp; 1089291 |
| Amazon.com, Inc. (Broadline Retail)<br> (a) | &nbsp;&nbsp; 95435 | &nbsp;&nbsp; 19876247 |
| &nbsp;&nbsp;&nbsp; Booking Holdings, Inc. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 801 | &nbsp;&nbsp; 3372466 |
| Carnival Corp. (Hotels, Restaurants & Leisure) | &nbsp;&nbsp; 27745 | &nbsp;&nbsp; 718041 |
| &nbsp;&nbsp;&nbsp; Chipotle Mexican Grill, Inc. (Hotels, <br> Restaurants & Leisure)<br>(a) | &nbsp;&nbsp; 40441 | &nbsp;&nbsp; 1294516 |
| Coupang, Inc. (Broadline Retail)<br> (a) | &nbsp;&nbsp; 39595 | &nbsp;&nbsp; 747554 |
| &nbsp;&nbsp;&nbsp; DoorDash, Inc. Class A (Hotels, Restaurants & <br> Leisure)<br>(a) | &nbsp;&nbsp; 4788 | &nbsp;&nbsp; 718918 |
| Garmin Ltd. (Household Durables) | &nbsp;&nbsp; 4688 | &nbsp;&nbsp; 1087663 |
| Home Depot, Inc. / The (Specialty Retail) | &nbsp;&nbsp; 8436 | &nbsp;&nbsp; 2774516 |
| MercadoLibre, Inc. (Broadline Retail)<br> (a) | &nbsp;&nbsp; 699 | &nbsp;&nbsp; 1208585 |
| NVR, Inc. (Household Durables)<br> (a) | &nbsp;&nbsp; 85 | &nbsp;&nbsp; 560136 |
| O'Reilly Automotive, Inc. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 12739 | &nbsp;&nbsp; 1175937 |
| Tesla, Inc. (Automobiles)<br> (a) | &nbsp;&nbsp; 37625 | &nbsp;&nbsp; 13987094 |
| TJX Cos., Inc. / The (Specialty Retail) | &nbsp;&nbsp; 26153 | &nbsp;&nbsp; 4176634 |
| &nbsp;&nbsp;&nbsp; Viking Holdings Ltd. (Hotels, Restaurants & <br> Leisure)<br>(a) | &nbsp;&nbsp; 19426 | &nbsp;&nbsp; 1427423 |
|  |  | &nbsp;&nbsp; 54215021 |
| **Consumer Staples–2.5%** |  |  |
| Coca-Cola Co. / The (Beverages) | &nbsp;&nbsp; 20375 | &nbsp;&nbsp; 1549519 |
| &nbsp;&nbsp;&nbsp; Costco Wholesale Corp. (Consumer Staples <br> Distribution & Retail)<br>| &nbsp;&nbsp; 8943 | &nbsp;&nbsp; 8911073 |
|  |  | &nbsp;&nbsp; 10460592 |
| **Energy–0.2%** |  |  |
| &nbsp;&nbsp;&nbsp; Cheniere Energy, Inc. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 3642 | &nbsp;&nbsp; 1033454 |
| **Financials–5.5%** |  |  |
| American Express Co. (Consumer Finance) | &nbsp;&nbsp; 2668 | &nbsp;&nbsp; 807017 |
| Bank of America Corp. (Banks) | &nbsp;&nbsp; 14601 | &nbsp;&nbsp; 711799 |
| Blackstone, Inc. (Capital Markets) | &nbsp;&nbsp; 8192 | &nbsp;&nbsp; 941998 |
| Charles Schwab Corp. / The (Capital Markets) | &nbsp;&nbsp; 31617 | &nbsp;&nbsp; 2971366 |
| Citigroup, Inc. (Banks) | &nbsp;&nbsp; 4764 | &nbsp;&nbsp; 540285 |
| Mastercard, Inc. Class A (Financial Services) | &nbsp;&nbsp; 10422 | &nbsp;&nbsp; 5207456 |
| Morgan Stanley (Capital Markets) | &nbsp;&nbsp; 7844 | &nbsp;&nbsp; 1290887 |
| NU Holdings Ltd. Class A (Banks)<br> (a) | &nbsp;&nbsp; 57473 | &nbsp;&nbsp; 825887 |
| Travelers Cos., Inc. / The (Insurance) | &nbsp;&nbsp; 3156 | &nbsp;&nbsp; 920542 |
| Visa, Inc. (Financial Services) | &nbsp;&nbsp; 28503 | &nbsp;&nbsp; 8614747 |
|  |  | &nbsp;&nbsp; 22831984 |
| **Health Care–8.3%** |  |  |
| AbbVie, Inc. (Biotechnology) | &nbsp;&nbsp; 29061 | &nbsp;&nbsp; 6320477 |
| &nbsp;&nbsp;&nbsp; Alnylam Pharmaceuticals, Inc. <br> (Biotechnology)<br>(a) | &nbsp;&nbsp; 2023 | &nbsp;&nbsp; 669350 |
| Amgen, Inc. (Biotechnology) | &nbsp;&nbsp; 5564 | &nbsp;&nbsp; 1957694 |
| &nbsp;&nbsp;&nbsp; Boston Scientific Corp. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 18457 | &nbsp;&nbsp; 1158177 |
| Bristol-Myers Squibb Co. (Pharmaceuticals) | &nbsp;&nbsp; 42245 | &nbsp;&nbsp; 2562159 |
| &nbsp;&nbsp;&nbsp; Cardinal Health, Inc. (Health Care Providers & <br> Svs.)<br>| &nbsp;&nbsp; 9885 | &nbsp;&nbsp; 2088799 |
| Eli Lilly & Co. (Pharmaceuticals) | &nbsp;&nbsp; 11743 | &nbsp;&nbsp; 10800859 |
| &nbsp;&nbsp;&nbsp; Intuitive Surgical, Inc. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 6063 | &nbsp;&nbsp; 2794982 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Health Care (continued)** |  |  |
| &nbsp;&nbsp;&nbsp; McKesson Corp. (Health Care Providers & <br> Svs.)<br>| &nbsp;&nbsp; 2242 | &nbsp;&nbsp; $1940137 |
| Natera, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 3982 | &nbsp;&nbsp; 796360 |
| Stryker Corp. (Health Care Equip. & Supplies) | &nbsp;&nbsp; 2645 | &nbsp;&nbsp; 869121 |
| Vertex Pharmaceuticals, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 5415 | &nbsp;&nbsp; 2418014 |
|  |  | &nbsp;&nbsp; 34376129 |
| **Industrials–7.2%** |  |  |
| 3M Co. (Industrial Conglomerates) | &nbsp;&nbsp; 15906 | &nbsp;&nbsp; 2310028 |
| Caterpillar, Inc. (Machinery) | &nbsp;&nbsp; 1534 | &nbsp;&nbsp; 1086778 |
| Cintas Corp. (Commercial Svs. & Supplies) | &nbsp;&nbsp; 10861 | &nbsp;&nbsp; 1837030 |
| &nbsp;&nbsp;&nbsp; Comfort Systems U.S.A., Inc. (Construction & <br> Engineering)<br>| &nbsp;&nbsp; 1378 | &nbsp;&nbsp; 1900248 |
| Copart, Inc. (Commercial Svs. & Supplies)<br> (a) | &nbsp;&nbsp; 27136 | &nbsp;&nbsp; 900915 |
| GE Vernova, Inc. (Electrical Equip.) | &nbsp;&nbsp; 4154 | &nbsp;&nbsp; 3626027 |
| &nbsp;&nbsp;&nbsp; General Electric Co. (Operating as "GE <br> Aerospace") (Aerospace & Defense)<br>| &nbsp;&nbsp; 17037 | &nbsp;&nbsp; 4834590 |
| &nbsp;&nbsp;&nbsp; Howmet Aerospace, Inc. (Aerospace & <br> Defense)<br>| &nbsp;&nbsp; 3842 | &nbsp;&nbsp; 885427 |
| &nbsp;&nbsp;&nbsp; Lockheed Martin Corp. (Aerospace & <br> Defense)<br>| &nbsp;&nbsp; 1375 | &nbsp;&nbsp; 831036 |
| MasTec, Inc. (Construction & Engineering)<br> (a) | &nbsp;&nbsp; 4138 | &nbsp;&nbsp; 1331360 |
| Parker-Hannifin Corp. (Machinery) | &nbsp;&nbsp; 3827 | &nbsp;&nbsp; 3426083 |
| RTX Corp. (Aerospace & Defense) | &nbsp;&nbsp; 4594 | &nbsp;&nbsp; 886183 |
| Trane Technologies PLC (Building Products) | &nbsp;&nbsp; 3901 | &nbsp;&nbsp; 1625703 |
| &nbsp;&nbsp;&nbsp; Uber Technologies, Inc. <br> (Ground Transportation)<br>(a) | &nbsp;&nbsp; 22958 | &nbsp;&nbsp; 1651369 |
| Veralto Corp. (Commercial Svs. & Supplies) | &nbsp;&nbsp; 7409 | &nbsp;&nbsp; 655104 |
| Vertiv Holdings Co. Class A (Electrical Equip.) | &nbsp;&nbsp; 5322 | &nbsp;&nbsp; 1333587 |
| &nbsp;&nbsp;&nbsp; Waste Connections, Inc. (Commercial Svs. & <br> Supplies)<br>| &nbsp;&nbsp; 3642 | &nbsp;&nbsp; 591606 |
|  |  | &nbsp;&nbsp; 29713074 |
| **Information Technology–49.1%** |  |  |
| Adobe, Inc. (Software)<br> (a) | &nbsp;&nbsp; 10551 | &nbsp;&nbsp; 2564737 |
| &nbsp;&nbsp;&nbsp; Advanced Micro Devices, Inc. <br> (Semiconductors & Equip.)<br>(a) | &nbsp;&nbsp; 29221 | &nbsp;&nbsp; 5944428 |
| &nbsp;&nbsp;&nbsp; Amphenol Corp. Class A (Electronic Equip., <br> Instr. & Comp.)<br>| &nbsp;&nbsp; 29573 | &nbsp;&nbsp; 3736549 |
| &nbsp;&nbsp;&nbsp; Analog Devices, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 3158 | &nbsp;&nbsp; 1004686 |
| &nbsp;&nbsp;&nbsp; Apple, Inc. (Tech. Hardware, Storage & <br> Periph.)<br>| &nbsp;&nbsp; 158852 | &nbsp;&nbsp; 40315049 |
| &nbsp;&nbsp;&nbsp; Applied Materials, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 7363 | &nbsp;&nbsp; 2516600 |
| AppLovin Corp. Class A (Software)<br> (a) | &nbsp;&nbsp; 2240 | &nbsp;&nbsp; 891520 |
| Arista Networks, Inc. (Communications Equip.)<br> (a) | &nbsp;&nbsp; 22327 | &nbsp;&nbsp; 2741309 |
| Autodesk, Inc. (Software)<br> (a) | &nbsp;&nbsp; 5998 | &nbsp;&nbsp; 1435921 |
| Broadcom, Inc. (Semiconductors & Equip.) | &nbsp;&nbsp; 70026 | &nbsp;&nbsp; 21673747 |
| Cadence Design Systems, Inc. (Software)<br> (a) | &nbsp;&nbsp; 5492 | &nbsp;&nbsp; 1526062 |
| Cloudflare, Inc. Class A (IT Svs.)<br> (a) | &nbsp;&nbsp; 4113 | &nbsp;&nbsp; 848676 |
| Crowdstrike Holdings, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 4370 | &nbsp;&nbsp; 1706092 |
| &nbsp;&nbsp;&nbsp; Dell Technologies, Inc. Class C (Tech. <br> Hardware, Storage & Periph.)<br>| &nbsp;&nbsp; 8460 | &nbsp;&nbsp; 1388540 |
| Flex Ltd. (Electronic Equip., Instr. & Comp.)<br> (a) | &nbsp;&nbsp; 18835 | &nbsp;&nbsp; 1232939 |
| Fortinet, Inc. (Software)<br> (a) | &nbsp;&nbsp; 8327 | &nbsp;&nbsp; 680483 |
| &nbsp;&nbsp;&nbsp; GLOBALFOUNDRIES, Inc. (Semiconductors & <br> Equip.)<br>(a) | &nbsp;&nbsp; 20898 | &nbsp;&nbsp; 929543 |
| Intuit, Inc. (Software) | &nbsp;&nbsp; 4643 | &nbsp;&nbsp; 2007540 |
| KLA Corp. (Semiconductors & Equip.) | &nbsp;&nbsp; 1722 | &nbsp;&nbsp; 2535490 |
| &nbsp;&nbsp;&nbsp; Lam Research Corp. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 31117 | &nbsp;&nbsp; 6648458 |
| Manhattan Associates, Inc. (Software)<br> (a) | &nbsp;&nbsp; 5019 | &nbsp;&nbsp; 668129 |
| &nbsp;&nbsp;&nbsp; Marvell Technology, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 8748 | &nbsp;&nbsp; 866489 |
| &nbsp;&nbsp;&nbsp; Micron Technology, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 2746 | &nbsp;&nbsp; 927709 |
| Microsoft Corp. (Software) | &nbsp;&nbsp; 88202 | &nbsp;&nbsp; 32649734 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP BlackRock Advantage Large Cap Growth Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Information Technology (continued)** |  |  |
| &nbsp;&nbsp;&nbsp; Monolithic Power Systems, Inc. <br> (Semiconductors & Equip.)<br>| &nbsp;&nbsp; 692 | &nbsp;&nbsp; $756598 |
| &nbsp;&nbsp;&nbsp; Motorola Solutions, Inc. <br> (Communications Equip.)<br>| &nbsp;&nbsp; 4488 | &nbsp;&nbsp; 1947657 |
| NVIDIA Corp. (Semiconductors & Equip.) | &nbsp;&nbsp; 242399 | &nbsp;&nbsp; 42274385 |
| Oracle Corp. (Software) | &nbsp;&nbsp; 27828 | &nbsp;&nbsp; 4093777 |
| Palantir Technologies, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 34581 | &nbsp;&nbsp; 5058509 |
| Palo Alto Networks, Inc. (Software)<br> (a) | &nbsp;&nbsp; 15017 | &nbsp;&nbsp; 2407526 |
| QUALCOMM, Inc. (Semiconductors & Equip.) | &nbsp;&nbsp; 15559 | &nbsp;&nbsp; 2003688 |
| Salesforce, Inc. (Software) | &nbsp;&nbsp; 5952 | &nbsp;&nbsp; 1111060 |
| ServiceNow, Inc. (Software)<br> (a) | &nbsp;&nbsp; 23410 | &nbsp;&nbsp; 2447516 |
| Snowflake, Inc. (IT Svs.)<br> (a) | &nbsp;&nbsp; 5740 | &nbsp;&nbsp; 865707 |
| Synopsys, Inc. (Software)<br> (a) | &nbsp;&nbsp; 2630 | &nbsp;&nbsp; 1042742 |
| &nbsp;&nbsp;&nbsp; TE Connectivity PLC (Electronic Equip., Instr. & <br> Comp.)<br>| &nbsp;&nbsp; 4071 | &nbsp;&nbsp; 850920 |
| &nbsp;&nbsp;&nbsp; Texas Instruments, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 7269 | &nbsp;&nbsp; 1411204 |
|  |  | &nbsp;&nbsp; 203711719 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Materials–0.4%** |  |  |
| Freeport-McMoRan, Inc. (Metals & Mining) | &nbsp;&nbsp; 25098 | &nbsp;&nbsp; $1475260 |
| **Total Common Stocks (Cost $347,331,334)** |  | &nbsp;&nbsp; $408149497 |
| **Total Investments – 98.4% (Cost $347,331,334)**<br> (b) |  | &nbsp;&nbsp; $408149497 |
| **Other Assets in Excess of Liabilities – 1.6%**<br> (c) |  | &nbsp;&nbsp; 6457087 |
| **Net Assets – 100.0%** | **Net Assets – 100.0%** | &nbsp;&nbsp; $414606584 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

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

---

| | |
|:---|:---|
| Footnotes: | Footnotes: |
| &nbsp;&nbsp;&nbsp;&nbsp; (a) | Non-income producing security. |
| &nbsp;&nbsp;&nbsp;&nbsp; (b) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 4 of the Notes to Schedules of <br> Investments.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (c) | Includes $480,436 of cash pledged as collateral for the futures contracts outstanding at March 31, 2026. See also the following Schedule of Open Futures <br> Contracts.<br>|

---

The accompanying notes are an integral part of these financial statements.

**Schedule of Open Futures Contracts**

**March 31, 2026 (Unaudited)** 

**Long Futures Contracts** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **contracts**<br>| **Expiration Date** | **Notional**<br> **Amount**<br>| **Value** | **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Variation Margin** <br> **Receivable** <br> **(Payable)**<br>|
| CME E-mini Nasdaq-100 Index - Long | 13 | June 18, 2026 | &nbsp;&nbsp; $6425478 | &nbsp;&nbsp; $6217900 | &nbsp;&nbsp; $(207578)<br>| &nbsp;&nbsp; $186215 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$6425478** | &nbsp;&nbsp; **$6217900** | &nbsp;&nbsp; **$(207578)**<br>| &nbsp;&nbsp; **$186215** |

---

The accompanying notes are an integral part of these financial statements. <br>

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Constellation Dynamic Risk Balanced Portfolio**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

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

---

| | | |
|:---|:---|:---|
| **Exchange Traded Funds–70.6%** | **Shares** | **Value** |
| Invesco QQQ Trust Series 1 ETF  | &nbsp;&nbsp; 50026 | &nbsp;&nbsp; $28874007 |
| iShares Core S&P 500 ETF  | &nbsp;&nbsp; 449240 | &nbsp;&nbsp; 293448060 |
| iShares Core S&P Total U.S. Stock Market ETF  | &nbsp;&nbsp; 577000 | &nbsp;&nbsp; 82182110 |
| iShares MBS ETF  | &nbsp;&nbsp; 495924 | &nbsp;&nbsp; 47087984 |
| Vanguard Intermediate-Term Corporate Bond ETF  | &nbsp;&nbsp; 1532125 | &nbsp;&nbsp; 126783344 |
| Vanguard Intermediate-Term Treasury ETF  | &nbsp;&nbsp; 139000 | &nbsp;&nbsp; 8277450 |
| Vanguard S&P 500 ETF  | &nbsp;&nbsp; 567000 | &nbsp;&nbsp; 338810850 |
| Vanguard Total Stock Market ETF  | &nbsp;&nbsp; 264000 | &nbsp;&nbsp; 84693840 |
| **Total Exchange Traded Funds (Cost $968,138,309)** |  | &nbsp;&nbsp; $1010157645 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset-Backed Securities–11.5%** | **Rate** | **Maturity** | **Face Amount** | **Value** |
| **Financials–11.5%** |  |  |  |  |
| AGL CLO 2021-12A A1R <br> (a) | TSFR3M + 121 | 10/20/2038 | &nbsp;&nbsp; $8000000 | &nbsp;&nbsp; $7990253 |
| Aimco CLO 2023-20A A1R <br> (a) | TSFR3M + 121 | 10/16/2038 | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp; 7991660 |
| Apidos CLO XXXIX Ltd. 2022-39A A1R <br> (a) | TSFR3M + 123 | 10/21/2038 | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp; 7986434 |
| Ares LVII CLO Ltd. 2020-57A A1R2 <br> (a) | TSFR3M + 123 | 10/25/2038 | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp; 7991582 |
| Ballyrock CLO 2019-2A A1R3 <br> (a) | TSFR3M + 124 | 10/25/2038 | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp; 7996000 |
| Benefit Street Partners CLO 44 Ltd. 2025-44A A1 <br> (a) | TSFR3M + 122 | 01/15/2039 | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp; 7991040 |
| Carlyle U.S. CLO 2025-7A A1 <br> (a) | TSFR3M + 121 | 01/25/2039 | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp; 7969662 |
| Cayuga Park CLO Ltd. 2020-1A AR2 <br> (a) | TSFR3M + 120 | 10/17/2038 | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp; 7980051 |
| CIFC Funding 2021-2A A1R <br> (a) | TSFR3M + 120 | 01/15/2039 | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp; 7984234 |
| Dryden 2025-120A A1 <br> (a) | TSFR3M + 122 | 01/15/2039 | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp; 7970459 |
| HPS Loan Management 15 2019-15A A1R2 <br> (a) | TSFR3M + 124 | 10/22/2038 | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp; 7983557 |
| Invesco CLO 2021-1A A1 <br> (a) | TSFR3M + 126 | 04/15/2034 | &nbsp;&nbsp; 1700000 | &nbsp;&nbsp; 1700531 |
| KKR Financial CLO 2013-1A A1R3 <br> (a) | TSFR3M + 125 | 10/15/2038 | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp; 7992000 |
| Madison Park Funding XLVIII Ltd. 2021-48A AR <br> (a) | TSFR3M + 122 | 01/19/2039 | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp; 7980001 |
| Midocean Credit Clo XX 2025-20A A1 <br> (a) | TSFR3M + 123 | 01/20/2039 | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp; 7990952 |
| NMEF Funding 2024-A LLC <br> (a) | 5.150% | 12/15/2031 | &nbsp;&nbsp; 473499 | &nbsp;&nbsp; 475782 |
| OHA Credit Funding 16-R Ltd. 2023-16RA A1 <br> (a) | TSFR3M + 120 | 10/20/2038 | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp; 7991626 |
| Onemain Direct Auto Receivables Trust 2022-1A C <br> (a) | 5.310% | 06/14/2029 | &nbsp;&nbsp; 1100000 | &nbsp;&nbsp; 1101690 |
| Orion Clo 2023-1A A1R <br> (a) | TSFR3M + 122 | 10/25/2038 | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp; 7968018 |
| Pagaya AI Debt Grantor Trust 2024-9 B <br> (a) | 5.306% | 03/15/2032 | &nbsp;&nbsp; 549962 | &nbsp;&nbsp; 550894 |
| Regatta XIX Funding Ltd. 2022-1A A1R <br> (a) | TSFR3M + 124 | 10/20/2038 | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp; 7999683 |
| TCW CLO 2025-2A A <br> (a) | TSFR3M + 124 | 01/15/2039 | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp; 7987100 |
| Trinitas CLO XXXVII Ltd. 2025-37A A1 <br> (a) | TSFR3M + 122 | 01/22/2039 | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp; 7969175 |
| Voya CLO 2023-1A A1R <br> (a) | TSFR3M + 121 | 01/20/2039 | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp; 7991340 |
| **Total Asset-Backed Securities (Cost $163,785,850)** |  |  |  | &nbsp;&nbsp; $163533724 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Corporate Bonds–9.1%** | **Rate** | **Maturity** | **Face Amount** | **Value** |
| **Communication Services–0.2%** |  |  |  |  |
| Meta Platforms, Inc. (Interactive Media & Svs.) | 5.625% | 11/15/2055 | &nbsp;&nbsp; $1000000 | &nbsp;&nbsp; $937390 |
| NTT Finance Corp. (Diversified Telecom. Svs.)<br> (a) | 5.502% | 07/16/2035 | &nbsp;&nbsp; 1740000 | &nbsp;&nbsp; 1764760 |
|  |  |  |  | &nbsp;&nbsp; 2702150 |
| **Consumer Discretionary–0.4%** |  |  |  |  |
| Ford Motor Co. (Automobiles) | 3.250% | 02/12/2032 | &nbsp;&nbsp; 1145000 | &nbsp;&nbsp; 994491 |
| Jaguar Land Rover Automotive PLC (Automobiles)<br> (a) | 5.500% | 07/15/2029 | &nbsp;&nbsp; 1227000 | &nbsp;&nbsp; 1193465 |
| Mattel, Inc. (Leisure Products)<br> (a) | 5.875% | 12/15/2027 | &nbsp;&nbsp; 1578000 | &nbsp;&nbsp; 1577925 |
| Royal Caribbean Cruises Ltd. (Hotels, Restaurants & Leisure) | 5.250% | 02/27/2038 | &nbsp;&nbsp; 950000 | &nbsp;&nbsp; 903749 |
| Sekisui House U.S., Inc. (Household Durables) | 6.000% | 01/15/2043 | &nbsp;&nbsp; 1150000 | &nbsp;&nbsp; 1048686 |
|  |  |  |  | &nbsp;&nbsp; 5718316 |
| **Consumer Staples–0.3%** |  |  |  |  |
| Altria Group, Inc. (Tobacco) | 3.400% | 05/06/2030 | &nbsp;&nbsp; 734000 | &nbsp;&nbsp; 701425 |
| Imperial Brands Finance PLC (Tobacco)<br> (a) | 5.625% | 07/01/2035 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1512673 |
| &nbsp;&nbsp;&nbsp; JBS N.V. / JBS U.S.A. Foods Group Holdings, Inc. / JBS U.S.A. Food Co. Holdings <br> (Food Products)<br>| 6.375% | 04/15/2066 | &nbsp;&nbsp; 1700000 | &nbsp;&nbsp; 1668145 |
| Pilgrim's Pride Corp. (Food Products) | 4.250% | 04/15/2031 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 955216 |
|  |  |  |  | &nbsp;&nbsp; 4837459 |
| **Energy–1.0%** |  |  |  |  |
| APA Corp. (Oil, Gas & Consumable Fuels) | 4.250% | 01/15/2030 | &nbsp;&nbsp; 1850000 | &nbsp;&nbsp; 1820707 |
| &nbsp;&nbsp;&nbsp; Chevron Phillips Chemical Co. LLC / Chevron Phillips Chemical Co. LP (Oil, Gas & Consumable <br> Fuels)<br>(a) | 4.750% | 05/15/2030 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 2002867 |
| Continental Resources, Inc. (Oil, Gas & Consumable Fuels)<br> (a) | 5.750% | 01/15/2031 | &nbsp;&nbsp; 1132000 | &nbsp;&nbsp; 1153690 |
| Energy Transfer LP (Oil, Gas & Consumable Fuels) | 5.600% | 09/01/2034 | &nbsp;&nbsp; 1183000 | &nbsp;&nbsp; 1205672 |
| Energy Transfer LP (Oil, Gas & Consumable Fuels) | 5.700% | 04/01/2035 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 2054062 |
| Energy Transfer LP (Oil, Gas & Consumable Fuels) | 6.300% | 01/15/2056 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 984687 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Constellation Dynamic Risk Balanced Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Corporate Bonds (Continued)** | **Rate** | **Maturity** | **Face Amount** | **Value** |
| **Energy (continued)** |  |  |  |  |
| EQT Corp. (Oil, Gas & Consumable Fuels)<br> (a) | 3.625% | 05/15/2031 | &nbsp;&nbsp; $1224000 | &nbsp;&nbsp; $1141422 |
| Plains All American Pipeline LP / PAA Finance Corp. (Oil, Gas & Consumable Fuels) | 5.700% | 09/15/2034 | &nbsp;&nbsp; 1189000 | &nbsp;&nbsp; 1214522 |
| Suncor Energy, Inc. (Oil, Gas & Consumable Fuels) | 6.800% | 05/15/2038 | &nbsp;&nbsp; 848000 | &nbsp;&nbsp; 926573 |
| Western Midstream Operating LP (Oil, Gas & Consumable Fuels) | 5.500% | 12/15/2035 | &nbsp;&nbsp; 750000 | &nbsp;&nbsp; 737575 |
| Williams Cos., Inc. / The (Oil, Gas & Consumable Fuels) | 5.950% | 03/15/2056 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 984185 |
|  |  |  |  | &nbsp;&nbsp; 14225962 |
| **Financials–5.5%** |  |  |  |  |
| Apollo Debt Solutions BDC (Capital Markets) | 6.700% | 07/29/2031 | &nbsp;&nbsp; 5000000 | &nbsp;&nbsp; 5058390 |
| Ares Capital Corp. (Capital Markets) | 5.250% | 04/12/2031 | &nbsp;&nbsp; 1200000 | &nbsp;&nbsp; 1160027 |
| Aviation Capital Group LLC (Financial Services)<br> (a) | 1.950% | 09/20/2026 | &nbsp;&nbsp; 2008000 | &nbsp;&nbsp; 1984120 |
| Avolon Holdings Funding Ltd. (Financial Services)<br> (a) | 4.900% | 10/10/2030 | &nbsp;&nbsp; 4000000 | &nbsp;&nbsp; 3972132 |
| Banco Santander SA (Rate is fixed until 03/24/2027, then H15T1Y + 200) (Banks)<br> (b) | 4.175% | 03/24/2028 | &nbsp;&nbsp; 1800000 | &nbsp;&nbsp; 1792070 |
| Bank of America Corp. (Rate is fixed until 04/29/2030, then SOFR + 215) (Banks)<br> (b) | 2.592% | 04/29/2031 | &nbsp;&nbsp; 1441000 | &nbsp;&nbsp; 1331247 |
| Barclays PLC (Rate is fixed until 02/24/2036, then SOFR + 151) (Banks)<br> (b) | 5.207% | 02/24/2037 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 483893 |
| Blackstone Private Credit Fund (Capital Markets) | 6.000% | 01/29/2032 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1939557 |
| &nbsp;&nbsp;&nbsp; Canadian Imperial Bank of Commerce (Rate is fixed until 07/28/2031, then H15T5Y + 273) <br> (Banks)<br>(b) | 6.500% | 07/28/2086 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1954946 |
| &nbsp;&nbsp;&nbsp; Capital One Financial Corp. (Rate is fixed until 01/30/2031, then SOFR + 115) <br> (Consumer Finance)<br>(b) | 4.722% | 01/30/2032 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1969668 |
| Carlyle Secured Lending, Inc. (Capital Markets) | 6.750% | 02/18/2030 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 990804 |
| Charles Schwab Corp. / The (Rate is fixed until 11/14/2035, then SOFR + 123) (Capital Markets)<br> (b) | 4.914% | 11/14/2036 | &nbsp;&nbsp; 750000 | &nbsp;&nbsp; 729011 |
| Citigroup, Inc. (Rate is fixed until 09/19/2029, then SOFR + 134) (Banks)<br> (b) | 4.542% | 09/19/2030 | &nbsp;&nbsp; 1191000 | &nbsp;&nbsp; 1186868 |
| Fifth Third Bancorp (Rate is fixed until 04/29/2031, then SOFR + 95) (Banks)<br> (b) | 4.566% | 04/29/2032 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 980251 |
| Fifth Third Bank N.A. (Rate is fixed until 08/25/2032, then SOFR + 261) (Banks)<br> (b) | 5.332% | 08/25/2033 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1502653 |
| First Citizens BancShares, Inc. (Rate is fixed until 09/05/2030, then H15T5Y + 185) (Banks)<br> (b) | 5.600% | 09/05/2035 | &nbsp;&nbsp; 4000000 | &nbsp;&nbsp; 3909499 |
| General Motors Financial Co., Inc. (Consumer Finance) | 5.750% | 02/08/2031 | &nbsp;&nbsp; 1200000 | &nbsp;&nbsp; 1238186 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group, Inc. / The (Rate is fixed until 04/22/2031, then SOFR + 128) <br> (Capital Markets)<br>(b) | 2.615% | 04/22/2032 | &nbsp;&nbsp; 1344000 | &nbsp;&nbsp; 1207252 |
| Goldman Sachs Private Credit Corp. (Capital Markets)<br> (a) | 6.250% | 05/06/2030 | &nbsp;&nbsp; 4000000 | &nbsp;&nbsp; 3951465 |
| Goldman Sachs Private Credit Corp. (Capital Markets)<br> (a) | 5.875% | 01/31/2031 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 970199 |
| HPS Corporate Lending Fund (Capital Markets)<br> (a) | 5.150% | 04/02/2029 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1943299 |
| HPS Corporate Lending Fund (Capital Markets)<br> (a) | 5.650% | 04/02/2031 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1918590 |
| ING Groep N.V. (Rate is fixed until 11/16/2032, then USISSO05 + 359) (Banks)<br> (b) | 7.000% | Perpetual | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1997085 |
| JPMorgan Chase & Co. (Rate is fixed until 01/25/2032, then SOFR + 126) (Banks)<br> (b) | 2.963% | 01/25/2033 | &nbsp;&nbsp; 1682000 | &nbsp;&nbsp; 1525948 |
| JPMorgan Chase & Co. (Rate is fixed until 10/22/2035, then SOFR + 119) (Banks)<br> (b) | 4.810% | 10/22/2036 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1456448 |
| LPL Holdings, Inc. (Capital Markets) | 5.200% | 03/15/2030 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1510992 |
| M&T Bank Corp. (Rate is fixed until 07/30/2030, then H15T5Y + 143) (Banks)<br> (b) | 5.400% | 07/30/2035 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1993567 |
| Main Street Capital Corp. (Capital Markets) | 6.950% | 03/01/2029 | &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 3086746 |
| MetLife, Inc. (Rate is fixed until 03/15/2036, then H15T5Y + 182) (Insurance)<br> (b) | 5.850% | 03/15/2056 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 981492 |
| MSD Investment Corp. (Capital Markets) | 6.250% | 05/31/2030 | &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 2932970 |
| Nationwide Building Society (Financial Services)<br> (a) | 4.000% | 09/14/2026 | &nbsp;&nbsp; 1299000 | &nbsp;&nbsp; 1295480 |
| Old National Bancorp (Rate is fixed until 02/15/2031, then TSFR3M + 220) (Banks)<br> (b) | 5.768% | 02/15/2036 | &nbsp;&nbsp; 1750000 | &nbsp;&nbsp; 1741546 |
| Pinnacle Bank (Rate is fixed until 01/15/2031, then H15T5Y + 230) (Banks)<br> (b) | 5.957% | 01/15/2036 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1980714 |
| Santander Holdings U.S.A., Inc. (Rate is fixed until 01/06/2027, then SOFR + 125) (Banks)<br> (b) | 2.490% | 01/06/2028 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 983061 |
| Santander U.K. Group Holdings PLC (Rate is fixed until 01/11/2027, then SOFR + 122) (Banks)<br> (b) | 2.469% | 01/11/2028 | &nbsp;&nbsp; 1374000 | &nbsp;&nbsp; 1351396 |
| Sixth Street Lending Partners (Capital Markets) | 6.125% | 07/15/2030 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1491212 |
| Societe Generale SA (Rate is fixed until 01/19/2027, then H15T1Y + 150) (Banks)<br> (a)(b) | 5.519% | 01/19/2028 | &nbsp;&nbsp; 1196000 | &nbsp;&nbsp; 1203962 |
| Synchrony Financial (Rate is fixed until 07/29/2035, then SOFR + 207) (Consumer Finance)<br> (b) | 6.000% | 07/29/2036 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1972646 |
| Toronto-Dominion Bank / The (Rate is fixed until 10/31/2030, then H15T5Y + 272) (Banks)<br> (b) | 6.350% | 10/31/2085 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 983883 |
| Truist Bank (Rate is fixed until 07/24/2027, then SOFR + 77) (Banks)<br> (b) | 4.420% | 07/24/2028 | &nbsp;&nbsp; 2750000 | &nbsp;&nbsp; 2749857 |
| Webster Financial Corp. (Rate is fixed until 09/11/2030, then H15T5Y + 213) (Banks)<br> (b) | 5.784% | 09/11/2035 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 2031185 |
| Willis North America, Inc. (Insurance) | 5.150% | 03/15/2036 | &nbsp;&nbsp; 800000 | &nbsp;&nbsp; 779074 |
| Zions Bancorp N.A. (Rate is fixed until 02/09/2028, then SOFR + 106) (Banks)<br> (b) | 4.483% | 02/09/2029 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1985066 |
|  |  |  |  | &nbsp;&nbsp; 78208457 |
| **Health Care–0.0%** |  |  |  |  |
| Viatris, Inc. (Pharmaceuticals) | 4.000% | 06/22/2050 | &nbsp;&nbsp; 650000 | &nbsp;&nbsp; 426015 |
| **Industrials–0.1%** |  |  |  |  |
| Flowserve Corp. (Machinery) | 2.800% | 01/15/2032 | &nbsp;&nbsp; 1001000 | &nbsp;&nbsp; 883593 |
| **Information Technology–0.6%** |  |  |  |  |
| CDW LLC / CDW Finance Corp. (Electronic Equip., Instr. & Comp.) | 4.250% | 04/01/2028 | &nbsp;&nbsp; 1196000 | &nbsp;&nbsp; 1181264 |
| Kyndryl Holdings, Inc. (IT Svs.) | 2.050% | 10/15/2026 | &nbsp;&nbsp; 2046000 | &nbsp;&nbsp; 2012794 |
| Oracle Corp. (Software) | 2.950% | 04/01/2030 | &nbsp;&nbsp; 1796000 | &nbsp;&nbsp; 1639455 |
| Oracle Corp. (Software) | 5.350% | 05/04/2033 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1946958 |
| Oracle Corp. (Software) | 3.900% | 05/15/2035 | &nbsp;&nbsp; 1039000 | &nbsp;&nbsp; 879644 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Constellation Dynamic Risk Balanced Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Corporate Bonds (Continued)** | **Rate** | **Maturity** | **Face Amount** | **Value** |
| **Information Technology (continued)** |  |  |  |  |
| Salesforce, Inc. (Software) | 5.200% | 03/15/2033 | &nbsp;&nbsp; $892000 | &nbsp;&nbsp; $890477 |
| Salesforce, Inc. (Software) | 5.550% | 03/15/2036 | &nbsp;&nbsp; 892000 | &nbsp;&nbsp; 889225 |
|  |  |  |  | &nbsp;&nbsp; 9439817 |
| **Materials–0.2%** |  |  |  |  |
| Anglo American Capital PLC (Metals & Mining)<br> (a) | 5.250% | 03/19/2036 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 977781 |
| Corp. Nacional del Cobre de Chile (Metals & Mining)<br> (a) | 6.330% | 01/13/2035 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1042200 |
| Westlake Corp. (Chemicals) | 6.375% | 11/15/2055 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 492660 |
|  |  |  |  | &nbsp;&nbsp; 2512641 |
| **Real Estate–0.5%** |  |  |  |  |
| American Tower Corp. (Specialized REITs) | 3.800% | 08/15/2029 | &nbsp;&nbsp; 1455000 | &nbsp;&nbsp; 1420140 |
| American Tower Corp. (Specialized REITs) | 4.700% | 12/15/2032 | &nbsp;&nbsp; 600000 | &nbsp;&nbsp; 589568 |
| Cousins Properties LP (Office REITs) | 4.875% | 03/01/2033 | &nbsp;&nbsp; 750000 | &nbsp;&nbsp; 722077 |
| Equinix, Inc. (Specialized REITs) | 3.200% | 11/18/2029 | &nbsp;&nbsp; 1689000 | &nbsp;&nbsp; 1608085 |
| GLP Capital LP / GLP Financing II, Inc. (Specialized REITs) | 3.250% | 01/15/2032 | &nbsp;&nbsp; 1468000 | &nbsp;&nbsp; 1308682 |
| Piedmont Operating Partnership LP (Office REITs) | 5.625% | 01/15/2033 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1457628 |
|  |  |  |  | &nbsp;&nbsp; 7106180 |
| **Utilities–0.3%** |  |  |  |  |
| Dominion Energy, Inc. (Rate is fixed until 02/15/2031, then H15T5Y + 226) (Multi-Utilities)<br> (b) | 6.000% | 02/15/2056 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1490440 |
| Entergy Corp. (Rate is fixed until 06/15/2036, then H15T5Y + 201) (Electric Utilities)<br> (b) | 6.100% | 06/15/2056 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 493466 |
| PacifiCorp (Electric Utilities) | 5.800% | 04/15/2036 | &nbsp;&nbsp; 900000 | &nbsp;&nbsp; 907213 |
| PG&E Corp. (Rate is fixed until 09/15/2031, then H15T5Y + 323) (Electric Utilities)<br> (b) | 6.850% | 09/15/2056 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1482193 |
|  |  |  |  | &nbsp;&nbsp; 4373312 |
| **Total Corporate Bonds (Cost $130,683,294)** |  |  |  | &nbsp;&nbsp; $130433902 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **U.S. Treasury Obligations–7.6%** | **Rate** | **Maturity**  | **Face Amount** | **Value** |
| U.S. Treasury Bond | 3.250% | 05/15/2042 | &nbsp;&nbsp; $23856400 | &nbsp;&nbsp; $19657301 |
| U.S. Treasury Bond | 4.000% | 11/15/2042 | &nbsp;&nbsp; 1722000 | &nbsp;&nbsp; 1558208 |
| U.S. Treasury Bond | 3.875% | 05/15/2043 | &nbsp;&nbsp; 5624900 | &nbsp;&nbsp; 4985287 |
| U.S. Treasury Bond | 4.375% | 08/15/2043 | &nbsp;&nbsp; 2998200 | &nbsp;&nbsp; 2829903 |
| U.S. Treasury Bond | 4.750% | 11/15/2043 | &nbsp;&nbsp; 4140100 | &nbsp;&nbsp; 4090289 |
| U.S. Treasury Bond | 2.250% | 02/15/2052 | &nbsp;&nbsp; 14868400 | &nbsp;&nbsp; 8960534 |
| U.S. Treasury Bond | 4.625% | 02/15/2055 | &nbsp;&nbsp; 33000000 | &nbsp;&nbsp; 31475039 |
| U.S. Treasury Bond | 4.750% | 05/15/2055 | &nbsp;&nbsp; 26900000 | &nbsp;&nbsp; 26192824 |
| U.S. Treasury Inflation Indexed Note | 0.250% | 07/15/2029 | &nbsp;&nbsp; 7403177 | &nbsp;&nbsp; 7199437 |
| U.S. Treasury Note | 4.125% | 02/15/2036 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1476563 |
| **Total U.S. Treasury Obligations (Cost $117,441,997)** |  |  |  | &nbsp;&nbsp; $108425385 |

---

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

---

| | | | |
|:---|:---|:---|:---|
| **Preferred Securities–0.6%** | **Rate** | **Quantity** | **Value** |
| **Financials–0.6%** |  |  |  |
| Bank of America Corp. DR (Rate is fixed until 07/26/2030, then H15T5Y + 235) (Banks)<br> (b) | 6.250% | &nbsp;&nbsp; 4000000 | &nbsp;&nbsp; $4024092 |
| Citigroup, Inc. (Rate is fixed until 05/15/2031, then H15T5Y + 275) (Banks)<br> (b) | 6.500% | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 997574 |
| First Citizens BancShares, Inc. (Rate is fixed until 12/15/2030, then H15T5Y + 330) (Banks)<br> (b) | 7.000% | &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 3002871 |
| Wells Fargo & Co. (Rate is fixed until 06/15/2031, then H15T5Y + 234) (Banks)<br> (b) | 6.125% | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1003764 |
| **Total Preferred Securities (Cost $9,000,000)** |  |  | &nbsp;&nbsp; $9028301 |

---

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

---

| | | |
|:---|:---|:---|
| **Rights–0.0%** | **Quantity** | **Value** |
| **Health Care–0.0%** |  |  |
| ABIOMED, Inc. CVR (Health Care Equip. & Supplies)<br> (c) | 4357 | &nbsp;&nbsp; $4444 |
| **Total Rights (Cost $4,444)** |  | &nbsp;&nbsp; $4444 |
| **Total Investments – 99.4% (Cost $1,389,053,894)**<br> (d) |  | &nbsp;&nbsp; $1421583401 |
| **Other Assets in Excess of Liabilities – 0.6%**<br> (e) |  | &nbsp;&nbsp; 8798283 |
| **Net Assets – 100.0%** | **Net Assets – 100.0%** | &nbsp;&nbsp; $1430381684 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Constellation Dynamic Risk Balanced Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | |
|:---|:---|
| Abbreviations: | Abbreviations: |
| &nbsp;&nbsp;&nbsp;&nbsp; CLO: | Collateralized Loan Obligation |
| &nbsp;&nbsp;&nbsp;&nbsp; CVR: | Contingent Value Right |
| &nbsp;&nbsp;&nbsp;&nbsp; DR: | Depositary Receipt |
| &nbsp;&nbsp;&nbsp;&nbsp; ETF: | Exchange Traded Fund |
| &nbsp;&nbsp;&nbsp;&nbsp; H15T1Y: | U.S. Treasury Yield Curve Rate T-Note Constant Maturity 1 Year, 3.680% at 3/31/2026 |
| &nbsp;&nbsp;&nbsp;&nbsp; H15T5Y: | U.S. Treasury Yield Curve Rate T-Note Constant Maturity 5 Year, 3.920% at 3/31/2026 |
| &nbsp;&nbsp;&nbsp;&nbsp; REITs: | Real Estate Investment Trusts |
| &nbsp;&nbsp;&nbsp;&nbsp; SOFR: | Secured Overnight Financing Rate, 3.680% at 3/31/2026 |
| &nbsp;&nbsp;&nbsp;&nbsp; TSFR3M: | Quarterly CME Term Secured Overnight Financing Rate ("SOFR"), 3.682% at 3/31/2026 |

---

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

---

| | |
|:---|:---|
| Footnotes: | Footnotes: |
| &nbsp;&nbsp;&nbsp;&nbsp; (a) | Security exempt from registration under Regulation D of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, <br> normally to qualified buyers under Rule 144A. At March 31, 2026, the value of these securities totaled $193,139,754, or 13.5% of the Portfolio's net assets.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (b) | Security is a fixed-then-variable rate instrument in which the coupon or dividend rate is fixed until a later specified date, then is adjusted periodically. Rates <br> stated, including interest rate caps and floors, if any, are those in effect at March 31, 2026.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (c) | Non-income producing security. |
| &nbsp;&nbsp;&nbsp;&nbsp; (d) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 4 of the Notes to Schedules of <br> Investments.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (e) | Includes $4,342,764 of cash pledged as collateral for the futures contracts outstanding at March 31, 2026. See also the following Schedule of Open Futures <br> Contracts.<br>|

---

The accompanying notes are an integral part of these financial statements.

**Schedule of Open Futures Contracts**

**March 31, 2026 (Unaudited)** 

**Long Futures Contracts** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **contracts**<br>| **Expiration Date** | **Notional**<br> **Amount**<br>| **Value** | **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Variation Margin** <br> **Receivable** <br> **(Payable)**<br>|
| CBT 10-Year U.S. Treasury Note - Long | 402 | June 18, 2026 | &nbsp;&nbsp; $45520961 | &nbsp;&nbsp; $44640844 | &nbsp;&nbsp; $(880115)<br>| &nbsp;&nbsp; $94219 |
| CBT U.S. Long Bond - Long | 348 | June 18, 2026 | &nbsp;&nbsp; 40931445 | &nbsp;&nbsp; 39628500 | &nbsp;&nbsp; (1302945)<br>| &nbsp;&nbsp; 130500 |
| CBT U.S. Ultra Bond - Long | 172 | June 18, 2026 | &nbsp;&nbsp; 20663250 | &nbsp;&nbsp; 20048750 | &nbsp;&nbsp; (614500)<br>| &nbsp;&nbsp; 37625 |
| CME E-mini S&P 500 Index - Long | 59 | June 18, 2026 | &nbsp;&nbsp; 19929979 | &nbsp;&nbsp; 19383713 | &nbsp;&nbsp; (546266)<br>| &nbsp;&nbsp; 538375 |
|  |  |  | &nbsp;&nbsp; $127045635 | &nbsp;&nbsp; $123701807 | &nbsp;&nbsp; $(3343826)<br>| &nbsp;&nbsp; $800719 |

---

**Short Futures Contracts** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **contracts**<br>| **Expiration Date** | **Notional**<br> **Amount**<br>| **Value** | **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Variation Margin** <br> **Receivable** <br> **(Payable)**<br>|
| CBT 10-Year U.S. Ultra Bond - Short | 250 | June 18, 2026 | &nbsp;&nbsp; $(29011270)<br>| &nbsp;&nbsp; $(28378906)<br>| &nbsp;&nbsp; $632364 | &nbsp;&nbsp; $(74219)<br>|
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$98034365** | &nbsp;&nbsp; **$95322901** | &nbsp;&nbsp; **$(2711462)**<br>| &nbsp;&nbsp; **$726500** |

---

The accompanying notes are an integral part of these financial statements. <br>

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Core Plus Bond Portfolio**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Corporate Bonds–36.3%** | **Rate** | **Maturity** | **Face Amount** | **Value** |
| **Communication Services–1.5%** |  |  |  |  |
| Alphabet, Inc. (Interactive Media & Svs.) | 5.500% | 02/15/2046 | &nbsp;&nbsp; $1000000 | &nbsp;&nbsp; $991966 |
| Alphabet, Inc. (Interactive Media & Svs.) | 2.050% | 08/15/2050 | &nbsp;&nbsp; 750000 | &nbsp;&nbsp; 402365 |
| AT&T, Inc. (Diversified Telecom. Svs.) | 5.375% | 08/15/2035 | &nbsp;&nbsp; 800000 | &nbsp;&nbsp; 810389 |
| AT&T, Inc. (Diversified Telecom. Svs.) | 4.900% | 11/01/2035 | &nbsp;&nbsp; 400000 | &nbsp;&nbsp; 390221 |
| CCO Holdings LLC / CCO Holdings Capital Corp. (Media)<br> (a) | 4.500% | 08/15/2030 | &nbsp;&nbsp; 100000 | &nbsp;&nbsp; 93448 |
| CCO Holdings LLC / CCO Holdings Capital Corp. (Media)<br> (a) | 4.250% | 02/01/2031 | &nbsp;&nbsp; 125000 | &nbsp;&nbsp; 113932 |
| CCO Holdings LLC / CCO Holdings Capital Corp. (Media)<br> (a) | 4.500% | 06/01/2033 | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 65297 |
| CCO Holdings LLC / CCO Holdings Capital Corp. (Media)<br> (a) | 4.250% | 01/15/2034 | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 64162 |
| &nbsp;&nbsp;&nbsp; Charter Communications Operating LLC / Charter Communications Operating Capital Corp. <br> (Media)<br>| 6.484% | 10/23/2045 | &nbsp;&nbsp; 250000 | &nbsp;&nbsp; 230491 |
| Comcast Corp. (Diversified Telecom. Svs.) | 3.450% | 02/01/2050 | &nbsp;&nbsp; 1400000 | &nbsp;&nbsp; 917904 |
| Discovery Global Holdings, Inc. (Media) | 5.050% | 03/15/2042 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 32940 |
| Lamar Media Corp. (Media) | 4.875% | 01/15/2029 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24702 |
| Meta Platforms, Inc. (Interactive Media & Svs.) | 4.450% | 08/15/2052 | &nbsp;&nbsp; 630000 | &nbsp;&nbsp; 495597 |
| Meta Platforms, Inc. (Interactive Media & Svs.) | 5.550% | 08/15/2064 | &nbsp;&nbsp; 300000 | &nbsp;&nbsp; 269627 |
| Rogers Communications, Inc. (Wireless Telecom. Svs.) | 4.500% | 03/15/2042 | &nbsp;&nbsp; 315000 | &nbsp;&nbsp; 265635 |
| Sirius XM Radio LLC (Media)<br> (a) | 3.875% | 09/01/2031 | &nbsp;&nbsp; 150000 | &nbsp;&nbsp; 136188 |
| Stagwell Global LLC (Media)<br> (a) | 5.625% | 08/15/2029 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 23801 |
| T-Mobile U.S.A., Inc. (Wireless Telecom. Svs.) | 5.050% | 07/15/2033 | &nbsp;&nbsp; 285000 | &nbsp;&nbsp; 286974 |
| T-Mobile U.S.A., Inc. (Wireless Telecom. Svs.) | 3.300% | 02/15/2051 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 327240 |
| Univision Communications, Inc. (Media)<br> (a) | 7.375% | 06/30/2030 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24498 |
| Univision Communications, Inc. (Media)<br> (a) | 9.375% | 08/01/2032 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25765 |
| Verizon Communications, Inc. (Diversified Telecom. Svs.) | 5.000% | 01/15/2036 | &nbsp;&nbsp; 145000 | &nbsp;&nbsp; 141997 |
| Verizon Communications, Inc. (Diversified Telecom. Svs.) | 4.000% | 03/22/2050 | &nbsp;&nbsp; 600000 | &nbsp;&nbsp; 453055 |
| Verizon Communications, Inc. (Diversified Telecom. Svs.) | 5.875% | 11/30/2055 | &nbsp;&nbsp; 115000 | &nbsp;&nbsp; 111858 |
| Virgin Media Secured Finance PLC (Media)<br> (a) | 5.500% | 05/15/2029 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 191816 |
| Vodafone Group PLC (Wireless Telecom. Svs.) | 5.250% | 05/30/2048 | &nbsp;&nbsp; 450000 | &nbsp;&nbsp; 405237 |
|  |  |  |  | &nbsp;&nbsp; 7297105 |
| **Consumer Discretionary–1.0%** |  |  |  |  |
| 1011778 B.C. ULC / New Red Finance, Inc. (Hotels, Restaurants & Leisure)<br> (a) | 4.375% | 01/15/2028 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 49300 |
| 1011778 B.C. ULC / New Red Finance, Inc. (Hotels, Restaurants & Leisure)<br> (a) | 6.125% | 06/15/2029 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25404 |
| 1011778 B.C. ULC / New Red Finance, Inc. (Hotels, Restaurants & Leisure)<br> (a) | 5.625% | 09/15/2029 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25054 |
| 1011778 B.C. ULC / New Red Finance, Inc. (Hotels, Restaurants & Leisure)<br> (a) | 4.000% | 10/15/2030 | &nbsp;&nbsp; 100000 | &nbsp;&nbsp; 93993 |
| Adient Global Holdings Ltd. (Automobile Components)<br> (a) | 7.500% | 02/15/2033 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25275 |
| Advance Auto Parts, Inc. (Specialty Retail) | 3.900% | 04/15/2030 | &nbsp;&nbsp; 375000 | &nbsp;&nbsp; 344387 |
| Amazon.com, Inc. (Broadline Retail) | 2.500% | 06/03/2050 | &nbsp;&nbsp; 900000 | &nbsp;&nbsp; 525390 |
| Asbury Automotive Group, Inc. (Specialty Retail) | 4.750% | 03/01/2030 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24091 |
| Asbury Automotive Group, Inc. (Specialty Retail)<br> (a) | 5.000% | 02/15/2032 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 47351 |
| Beach Acquisition Bidco LLC (Textiles, Apparel & Luxury Goods)<br> (a)(b) | 10.000%, 10.750% PIK | 07/15/2033 | &nbsp;&nbsp; 210809 | &nbsp;&nbsp; 224515 |
| Belron U.K. Finance PLC (Specialty Retail)<br> (a) | 5.750% | 10/15/2029 | &nbsp;&nbsp; 250000 | &nbsp;&nbsp; 251579 |
| Boyd Gaming Corp. (Hotels, Restaurants & Leisure) | 4.750% | 12/01/2027 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24740 |
| Caesars Entertainment, Inc. (Hotels, Restaurants & Leisure)<br> (a) | 7.000% | 02/15/2030 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25309 |
| Caesars Entertainment, Inc. (Hotels, Restaurants & Leisure)<br> (a) | 6.500% | 02/15/2032 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24709 |
| Caesars Entertainment, Inc. (Hotels, Restaurants & Leisure)<br> (a) | 6.000% | 10/15/2032 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 46000 |
| Carnival Corp. (Hotels, Restaurants & Leisure)<br> (a) | 5.750% | 03/15/2030 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25198 |
| Champ Acquisition Corp. (Textiles, Apparel & Luxury Goods)<br> (a) | 8.375% | 12/01/2031 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 52406 |
| Group 1 Automotive, Inc. (Specialty Retail)<br> (a) | 6.375% | 01/15/2030 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25168 |
| Hilton Domestic Operating Co., Inc. (Hotels, Restaurants & Leisure)<br> (a) | 3.625% | 02/15/2032 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 45434 |
| Hilton Domestic Operating Co., Inc. (Hotels, Restaurants & Leisure)<br> (a) | 5.750% | 09/15/2033 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24887 |
| Home Depot, Inc. / The (Specialty Retail) | 3.300% | 04/15/2040 | &nbsp;&nbsp; 1040000 | &nbsp;&nbsp; 830909 |
| J.B. Poindexter & Co., Inc. (Automobile Components)<br> (a) | 8.750% | 12/15/2031 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 50679 |
| MGM Resorts International (Hotels, Restaurants & Leisure) | 6.500% | 04/15/2032 | &nbsp;&nbsp; 100000 | &nbsp;&nbsp; 100826 |
| &nbsp;&nbsp;&nbsp; Midwest Gaming Borrower LLC / Midwest Gaming Finance Corp. (Hotels, Restaurants & <br> Leisure)<br>(a) | 4.875% | 05/01/2029 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24245 |
| NCL Corp. Ltd. (Hotels, Restaurants & Leisure)<br> (a) | 6.250% | 09/15/2033 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24258 |
| NCL Finance Ltd. (Hotels, Restaurants & Leisure)<br> (a) | 6.125% | 03/15/2028 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25215 |
| Patrick Industries, Inc. (Automobile Components)<br> (a) | 6.375% | 11/01/2032 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 49997 |
| Royal Caribbean Cruises Ltd. (Hotels, Restaurants & Leisure)<br> (a) | 5.625% | 09/30/2031 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25246 |
| Royal Caribbean Cruises Ltd. (Hotels, Restaurants & Leisure)<br> (a) | 6.250% | 03/15/2032 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 51119 |
| Royal Caribbean Cruises Ltd. (Hotels, Restaurants & Leisure) | 5.250% | 02/27/2038 | &nbsp;&nbsp; 950000 | &nbsp;&nbsp; 903749 |
| Sally Holdings LLC / Sally Capital, Inc. (Specialty Retail) | 6.750% | 04/01/2032 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 51183 |
| SeaWorld Parks & Entertainment, Inc. (Hotels, Restaurants & Leisure)<br> (a) | 5.250% | 08/15/2029 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 47757 |
| Six Flags Entertainment Corp. (Hotels, Restaurants & Leisure)<br> (a) | 7.250% | 05/15/2031 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24070 |
| Sodexo, Inc. (Hotels, Restaurants & Leisure)<br> (a) | 5.800% | 08/15/2035 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 204301 |
| Station Casinos LLC (Hotels, Restaurants & Leisure)<br> (a) | 4.500% | 02/15/2028 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24503 |
| William Carter Co. / The (Textiles, Apparel & Luxury Goods)<br> (a) | 7.375% | 02/15/2031 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 50998 |
| Wyndham Hotels & Resorts, Inc. (Hotels, Restaurants & Leisure)<br> (a) | 4.375% | 08/15/2028 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 48849 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Core Plus Bond Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Corporate Bonds (Continued)** | **Rate** | **Maturity** | **Face Amount** | **Value** |
| **Consumer Discretionary (continued)** |  |  |  |  |
| Wyndham Hotels & Resorts, Inc. (Hotels, Restaurants & Leisure)<br> (a) | 5.625% | 03/01/2033 | &nbsp;&nbsp; $500000 | &nbsp;&nbsp; $491989 |
| Wynn Resorts Finance LLC / Wynn Resorts Capital Corp. (Hotels, Restaurants & Leisure)<br> (a) | 7.125% | 02/15/2031 | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 78618 |
| Yum! Brands, Inc. (Hotels, Restaurants & Leisure) | 4.625% | 01/31/2032 | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 71620 |
|  |  |  |  | &nbsp;&nbsp; 5110321 |
| **Consumer Staples–2.0%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons LP / Albertsons LLC (Consumer Staples <br> Distribution & Retail)<br>(a) | 6.250% | 03/15/2033 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25168 |
| &nbsp;&nbsp;&nbsp; Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons LP / Albertsons LLC (Consumer Staples <br> Distribution & Retail)<br>(a) | 5.750% | 03/31/2034 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24459 |
| Altria Group, Inc. (Tobacco) | 3.875% | 09/16/2046 | &nbsp;&nbsp; 625000 | &nbsp;&nbsp; 457781 |
| B.A.T. Capital Corp. (Tobacco) | 4.540% | 08/15/2047 | &nbsp;&nbsp; 650000 | &nbsp;&nbsp; 527756 |
| Campbell's Company / The (Food Products) | 4.750% | 03/23/2035 | &nbsp;&nbsp; 270000 | &nbsp;&nbsp; 248570 |
| Coca-Cola Europacific Partners PLC (Beverages)<br> (a) | 1.500% | 01/15/2027 | &nbsp;&nbsp; 600000 | &nbsp;&nbsp; 586379 |
| Coca-Cola Femsa S.A.B. de C.V. (Beverages) | 2.750% | 01/22/2030 | &nbsp;&nbsp; 750000 | &nbsp;&nbsp; 703344 |
| Constellation Brands, Inc. (Beverages) | 3.750% | 05/01/2050 | &nbsp;&nbsp; 550000 | &nbsp;&nbsp; 396325 |
| Edgewell Personal Care Co. (Personal Care Products)<br> (a) | 5.500% | 06/01/2028 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24864 |
| Energizer Holdings, Inc. (Household Products)<br> (a) | 4.375% | 03/31/2029 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 47576 |
| Flowers Foods, Inc. (Food Products) | 3.500% | 10/01/2026 | &nbsp;&nbsp; 675000 | &nbsp;&nbsp; 671148 |
| Flowers Foods, Inc. (Food Products) | 2.400% | 03/15/2031 | &nbsp;&nbsp; 185000 | &nbsp;&nbsp; 156471 |
| Froneri Lux FinCo SARL (Food Products)<br> (a) | 6.000% | 08/01/2032 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 194978 |
| Grupo Bimbo S.A.B. de C.V. (Food Products)<br> (a) | 4.875% | 06/27/2044 | &nbsp;&nbsp; 925000 | &nbsp;&nbsp; 831463 |
| Kenvue, Inc. (Personal Care Products) | 5.050% | 03/22/2028 | &nbsp;&nbsp; 360000 | &nbsp;&nbsp; 365494 |
| Kenvue, Inc. (Personal Care Products) | 4.900% | 03/22/2033 | &nbsp;&nbsp; 300000 | &nbsp;&nbsp; 302414 |
| Kraft Heinz Foods Co. (Food Products) | 4.375% | 06/01/2046 | &nbsp;&nbsp; 225000 | &nbsp;&nbsp; 175914 |
| Kroger Co. / The (Consumer Staples Distribution & Retail) | 3.950% | 01/15/2050 | &nbsp;&nbsp; 375000 | &nbsp;&nbsp; 278758 |
| Mars, Inc. (Food Products)<br> (a) | 5.200% | 03/01/2035 | &nbsp;&nbsp; 370000 | &nbsp;&nbsp; 373523 |
| Mars, Inc. (Food Products)<br> (a) | 5.700% | 05/01/2055 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 195014 |
| Performance Food Group, Inc. (Consumer Staples Distribution & Retail)<br> (a) | 6.125% | 09/15/2032 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 50092 |
| Philip Morris International, Inc. (Tobacco) | 3.875% | 08/21/2042 | &nbsp;&nbsp; 715000 | &nbsp;&nbsp; 573782 |
| Post Holdings, Inc. (Food Products)<br> (a) | 6.250% | 02/15/2032 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25258 |
| Sysco Corp. (Consumer Staples Distribution & Retail) | 4.400% | 07/25/2031 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1939711 |
| Tyson Foods, Inc. (Food Products) | 5.700% | 03/15/2034 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 517606 |
| U.S. Foods, Inc. (Consumer Staples Distribution & Retail)<br> (a) | 4.625% | 06/01/2030 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 48685 |
| U.S. Foods, Inc. (Consumer Staples Distribution & Retail)<br> (a) | 5.750% | 04/15/2033 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24889 |
|  |  |  |  | &nbsp;&nbsp; 9767422 |
| **Energy–1.9%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Antero Midstream Partners LP / Antero Midstream Finance Corp. (Oil, Gas & Consumable <br> Fuels)<br>(a) | 5.750% | 01/15/2028 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 50000 |
| &nbsp;&nbsp;&nbsp; Antero Midstream Partners LP / Antero Midstream Finance Corp. (Oil, Gas & Consumable <br> Fuels)<br>(a) | 6.625% | 02/01/2032 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25551 |
| &nbsp;&nbsp;&nbsp; Antero Midstream Partners LP / Antero Midstream Finance Corp. (Oil, Gas & Consumable <br> Fuels)<br>(a) | 5.750% | 07/01/2034 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 492716 |
| Archrock Partners LP / Archrock Partners Finance Corp. (Oil, Gas & Consumable Fuels)<br> (a) | 6.250% | 04/01/2028 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25000 |
| Ascent Resources Utica Holdings LLC / ARU Finance Corp. (Oil, Gas & Consumable Fuels)<br> (a) | 5.875% | 06/30/2029 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 49954 |
| Ascent Resources Utica Holdings LLC / ARU Finance Corp. (Oil, Gas & Consumable Fuels)<br> (a) | 6.625% | 07/15/2033 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25429 |
| BP Capital Markets America, Inc. (Oil, Gas & Consumable Fuels) | 3.588% | 04/14/2027 | &nbsp;&nbsp; 400000 | &nbsp;&nbsp; 397495 |
| Canadian Natural Resources Ltd. (Oil, Gas & Consumable Fuels) | 5.000% | 12/15/2029 | &nbsp;&nbsp; 175000 | &nbsp;&nbsp; 177685 |
| Chevron Corp. (Oil, Gas & Consumable Fuels) | 3.078% | 05/11/2050 | &nbsp;&nbsp; 475000 | &nbsp;&nbsp; 319958 |
| CNX Midstream Partners LP (Oil, Gas & Consumable Fuels)<br> (a) | 4.750% | 04/15/2030 | &nbsp;&nbsp; 100000 | &nbsp;&nbsp; 95074 |
| CNX Resources Corp. (Oil, Gas & Consumable Fuels)<br> (a) | 7.250% | 03/01/2032 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 51523 |
| Columbia Pipelines Holding Co. LLC (Oil, Gas & Consumable Fuels)<br> (a) | 5.681% | 01/15/2034 | &nbsp;&nbsp; 425000 | &nbsp;&nbsp; 434868 |
| Comstock Resources, Inc. (Oil, Gas & Consumable Fuels)<br> (a) | 6.750% | 03/01/2029 | &nbsp;&nbsp; 100000 | &nbsp;&nbsp; 98703 |
| Diamondback Energy, Inc. (Oil, Gas & Consumable Fuels) | 6.250% | 03/15/2053 | &nbsp;&nbsp; 100000 | &nbsp;&nbsp; 101138 |
| Diamondback Energy, Inc. (Oil, Gas & Consumable Fuels) | 5.750% | 04/18/2054 | &nbsp;&nbsp; 290000 | &nbsp;&nbsp; 274265 |
| Eastern Gas Transmission & Storage, Inc. (Oil, Gas & Consumable Fuels) | 3.900% | 11/15/2049 | &nbsp;&nbsp; 150000 | &nbsp;&nbsp; 109242 |
| Energy Transfer LP (Oil, Gas & Consumable Fuels) | 3.750% | 05/15/2030 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 483329 |
| Energy Transfer LP (Oil, Gas & Consumable Fuels) | 5.750% | 02/15/2033 | &nbsp;&nbsp; 250000 | &nbsp;&nbsp; 260001 |
| Energy Transfer LP (Oil, Gas & Consumable Fuels) | 6.300% | 01/15/2056 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 984687 |
| Eni SpA (Oil, Gas & Consumable Fuels)<br> (a) | 5.500% | 05/15/2034 | &nbsp;&nbsp; 355000 | &nbsp;&nbsp; 363642 |
| Eni SpA (Oil, Gas & Consumable Fuels)<br> (a) | 5.950% | 05/15/2054 | &nbsp;&nbsp; 225000 | &nbsp;&nbsp; 223865 |
| EQT Corp. (Oil, Gas & Consumable Fuels) | 4.750% | 01/15/2031 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24868 |
| Hess Midstream Operations LP (Oil, Gas & Consumable Fuels)<br> (a) | 5.125% | 06/15/2028 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 49853 |
| Hess Midstream Operations LP (Oil, Gas & Consumable Fuels)<br> (a) | 6.500% | 06/01/2029 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 51076 |
| Kinder Morgan, Inc. (Oil, Gas & Consumable Fuels) | 3.250% | 08/01/2050 | &nbsp;&nbsp; 220000 | &nbsp;&nbsp; 142886 |
| Kodiak Gas Services LLC (Energy Equip. & Svs.)<br> (a) | 7.250% | 02/15/2029 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25901 |
| Kodiak Gas Services LLC (Energy Equip. & Svs.)<br> (a) | 6.500% | 10/01/2033 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 50540 |
| Matador Resources Co. (Oil, Gas & Consumable Fuels)<br> (a) | 6.500% | 04/15/2032 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 50544 |
| Matador Resources Co. (Oil, Gas & Consumable Fuels)<br> (a) | 6.250% | 04/15/2033 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25024 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Core Plus Bond Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Corporate Bonds (Continued)** | **Rate** | **Maturity** | **Face Amount** | **Value** |
| **Energy (continued)** |  |  |  |  |
| MPLX LP (Oil, Gas & Consumable Fuels) | 4.950% | 03/14/2052 | &nbsp;&nbsp; $375000 | &nbsp;&nbsp; $311310 |
| Nabors Industries, Inc. (Energy Equip. & Svs.)<br> (a) | 9.125% | 01/31/2030 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 26250 |
| Nabors Industries, Inc. (Energy Equip. & Svs.)<br> (a) | 7.625% | 11/15/2032 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25591 |
| Northriver Midstream Finance LP (Oil, Gas & Consumable Fuels)<br> (a) | 6.750% | 07/15/2032 | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 75221 |
| ONEOK, Inc. (Oil, Gas & Consumable Fuels) | 6.625% | 09/01/2053 | &nbsp;&nbsp; 275000 | &nbsp;&nbsp; 282203 |
| Ovintiv, Inc. (Oil, Gas & Consumable Fuels) | 7.100% | 07/15/2053 | &nbsp;&nbsp; 275000 | &nbsp;&nbsp; 297286 |
| Plains All American Pipeline LP / PAA Finance Corp. (Oil, Gas & Consumable Fuels) | 5.150% | 06/01/2042 | &nbsp;&nbsp; 475000 | &nbsp;&nbsp; 426215 |
| Precision Drilling Corp. (Energy Equip. & Svs.)<br> (a) | 6.875% | 01/15/2029 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25184 |
| Rockies Express Pipeline LLC (Oil, Gas & Consumable Fuels)<br> (a) | 6.750% | 03/15/2033 | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 77204 |
| SM Energy Co. (Oil, Gas & Consumable Fuels) | 6.500% | 07/15/2028 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25065 |
| Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp. (Oil, Gas & Consumable Fuels)<br> (a) | 6.750% | 03/15/2034 | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 75376 |
| TGNR Intermediate Holdings LLC (Oil, Gas & Consumable Fuels)<br> (a) | 5.500% | 10/15/2029 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 48888 |
| U.S.A. Compression Partners LP / U.S.A. Compression Finance Corp. (Energy Equip. & Svs.)<br> (a) | 7.125% | 03/15/2029 | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 76738 |
| U.S.A. Compression Partners LP / U.S.A. Compression Finance Corp. (Energy Equip. & Svs.)<br> (a) | 6.250% | 10/01/2033 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24921 |
| Venture Global Plaquemines LNG LLC (Oil, Gas & Consumable Fuels)<br> (a) | 7.500% | 05/01/2033 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 54960 |
| Venture Global Plaquemines LNG LLC (Oil, Gas & Consumable Fuels)<br> (a) | 6.500% | 01/15/2034 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 26061 |
| Venture Global Plaquemines LNG LLC (Oil, Gas & Consumable Fuels)<br> (a) | 7.750% | 05/01/2035 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 28019 |
| Williams Cos., Inc. / The (Oil, Gas & Consumable Fuels) | 3.750% | 06/15/2027 | &nbsp;&nbsp; 675000 | &nbsp;&nbsp; 669891 |
| Williams Cos., Inc. / The (Oil, Gas & Consumable Fuels) | 5.150% | 03/15/2034 | &nbsp;&nbsp; 225000 | &nbsp;&nbsp; 225289 |
| Williams Cos., Inc. / The (Oil, Gas & Consumable Fuels) | 5.600% | 03/15/2035 | &nbsp;&nbsp; 275000 | &nbsp;&nbsp; 281037 |
| Williams Cos., Inc. / The (Oil, Gas & Consumable Fuels) | 5.950% | 03/15/2056 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 984185 |
|  |  |  |  | &nbsp;&nbsp; 9531711 |
| **Financials–17.0%** |  |  |  |  |
| Acrisure LLC / Acrisure Finance, Inc. (Financial Services)<br> (a) | 7.500% | 11/06/2030 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25077 |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust (Financial Services) | 5.000% | 11/15/2035 | &nbsp;&nbsp; 250000 | &nbsp;&nbsp; 241487 |
| AIA Group Ltd. (Insurance)<br> (a) | 4.950% | 04/04/2033 | &nbsp;&nbsp; 260000 | &nbsp;&nbsp; 266180 |
| Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer (Insurance)<br> (a) | 7.000% | 01/15/2031 | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 75638 |
| Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer (Insurance)<br> (a) | 7.375% | 10/01/2032 | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 74284 |
| American Express Co. (Consumer Finance) | 3.300% | 05/03/2027 | &nbsp;&nbsp; 775000 | &nbsp;&nbsp; 768477 |
| AmWINS Group, Inc. (Insurance)<br> (a) | 6.375% | 02/15/2029 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 50290 |
| AmWINS Group, Inc. (Insurance)<br> (a) | 4.875% | 06/30/2029 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 47898 |
| Aon North America, Inc. (Insurance) | 5.750% | 03/01/2054 | &nbsp;&nbsp; 400000 | &nbsp;&nbsp; 385411 |
| Apollo Debt Solutions BDC (Capital Markets)<br> (a) | 5.700% | 01/23/2031 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 975527 |
| Ardonagh Group Finance Ltd. (Insurance)<br> (a) | 8.875% | 02/15/2032 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 195952 |
| Ares Capital Corp. (Capital Markets) | 5.250% | 04/12/2031 | &nbsp;&nbsp; 375000 | &nbsp;&nbsp; 362509 |
| Ares Strategic Income Fund (Capital Markets)<br> (a) | 5.550% | 04/15/2031 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 957977 |
| Aviation Capital Group LLC (Financial Services)<br> (a) | 4.250% | 04/30/2029 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1970844 |
| Azorra Finance Ltd. (Financial Services)<br> (a) | 6.250% | 02/15/2034 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1392136 |
| Bain Capital Specialty Finance, Inc. (Capital Markets) | 5.950% | 03/01/2031 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 954026 |
| &nbsp;&nbsp;&nbsp; Baldwin Insurance Group Holdings LLC / Baldwin Insurance Group Holdings Finance, Inc. <br> (Insurance)<br>(a) | 7.125% | 05/15/2031 | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 75380 |
| Banco Bilbao Vizcaya Argentaria SA (Banks) | 4.150% | 03/03/2029 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 197671 |
| Banco BTG Pactual SA / Cayman Islands (Capital Markets)<br> (a) | 5.500% | 01/27/2031 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1932000 |
| Bank of America Corp. (Rate is fixed until 04/29/2030, then SOFR + 215) (Banks)<br> (c) | 2.592% | 04/29/2031 | &nbsp;&nbsp; 1200000 | &nbsp;&nbsp; 1108602 |
| Bank of America Corp. (Rate is fixed until 04/22/2031, then SOFR + 132) (Banks)<br> (c) | 2.687% | 04/22/2032 | &nbsp;&nbsp; 250000 | &nbsp;&nbsp; 226555 |
| Bank of America Corp. (Rate is fixed until 04/25/2033, then SOFR + 191) (Banks)<br> (c) | 5.288% | 04/25/2034 | &nbsp;&nbsp; 300000 | &nbsp;&nbsp; 303646 |
| Bank of America Corp. (Rate is fixed until 01/24/2035, then SOFR + 131) (Banks)<br> (c) | 5.511% | 01/24/2036 | &nbsp;&nbsp; 1100000 | &nbsp;&nbsp; 1121759 |
| &nbsp;&nbsp;&nbsp; Bank of New York Mellon / The (Rate is fixed until 04/20/2028, then SOFR + 114) <br> (Capital Markets)<br>(c) | 4.729% | 04/20/2029 | &nbsp;&nbsp; 350000 | &nbsp;&nbsp; 352489 |
| &nbsp;&nbsp;&nbsp; Bank of New York Mellon Corp. / The (Rate is fixed until 06/13/2027, then SOFR + 115) <br> (Capital Markets)<br>(c) | 3.992% | 06/13/2028 | &nbsp;&nbsp; 300000 | &nbsp;&nbsp; 298674 |
| Blackstone Private Credit Fund (Capital Markets) | 5.350% | 03/12/2031 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1899629 |
| Blackstone Private Credit Fund (Capital Markets) | 6.000% | 01/29/2032 | &nbsp;&nbsp; 4500000 | &nbsp;&nbsp; 4364003 |
| Blackstone Secured Lending Fund (Capital Markets) | 5.250% | 09/04/2029 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 979772 |
| Blue Owl Credit Income Corp. (Capital Markets) | 5.800% | 03/15/2030 | &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 2892704 |
| Broadstreet Partners Group, Inc. (Insurance)<br> (a) | 5.875% | 04/15/2029 | &nbsp;&nbsp; 175000 | &nbsp;&nbsp; 170548 |
| &nbsp;&nbsp;&nbsp; Canadian Imperial Bank of Commerce (Rate is fixed until 07/28/2031, then H15T5Y + 273) <br> (Banks)<br>(c) | 6.500% | 07/28/2086 | &nbsp;&nbsp; 1200000 | &nbsp;&nbsp; 1172967 |
| &nbsp;&nbsp;&nbsp; Capital One Financial Corp. (Rate is fixed until 01/30/2031, then SOFR + 115) <br> (Consumer Finance)<br>(c) | 4.722% | 01/30/2032 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1969668 |
| Citigroup, Inc. (Rate is fixed until 01/29/2030, then SOFR + 115) (Banks)<br> (c) | 2.666% | 01/29/2031 | &nbsp;&nbsp; 1300000 | &nbsp;&nbsp; 1205995 |
| Citigroup, Inc. (Rate is fixed until 02/13/2034, then SOFR + 206) (Banks)<br> (c) | 5.827% | 02/13/2035 | &nbsp;&nbsp; 225000 | &nbsp;&nbsp; 227956 |
| Citigroup, Inc. (Rate is fixed until 01/24/2035, then SOFR + 183) (Banks)<br> (c) | 6.020% | 01/24/2036 | &nbsp;&nbsp; 300000 | &nbsp;&nbsp; 306279 |
| Citizens Financial Group, Inc. (Rate is fixed until 01/29/2031, then H15T5Y + 145) (Banks)<br> (c) | 5.299% | 01/29/2036 | &nbsp;&nbsp; 750000 | &nbsp;&nbsp; 743248 |
| CNA Financial Corp. (Insurance) | 5.500% | 06/15/2033 | &nbsp;&nbsp; 600000 | &nbsp;&nbsp; 608424 |
| Corebridge Global Funding (Financial Services)<br> (a) | 5.900% | 09/19/2028 | &nbsp;&nbsp; 400000 | &nbsp;&nbsp; 412027 |
| Daimler Truck Finance North America LLC (Consumer Finance)<br> (a) | 2.000% | 12/14/2026 | &nbsp;&nbsp; 540000 | &nbsp;&nbsp; 532030 |
| Daimler Truck Finance North America LLC (Consumer Finance)<br> (a) | 2.375% | 12/14/2028 | &nbsp;&nbsp; 180000 | &nbsp;&nbsp; 170072 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Core Plus Bond Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Corporate Bonds (Continued)** | **Rate** | **Maturity** | **Face Amount** | **Value** |
| **Financials (continued)** |  |  |  |  |
| Fidelity National Information Services, Inc. (Financial Services) | 3.100% | 03/01/2041 | &nbsp;&nbsp; $305000 | &nbsp;&nbsp; $219128 |
| Fifth Third Bancorp (Rate is fixed until 04/29/2031, then SOFR + 95) (Banks)<br> (c) | 4.566% | 04/29/2032 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1960501 |
| Fifth Third Bancorp (Rate is fixed until 04/25/2032, then SOFR + 166) (Banks)<br> (c) | 4.337% | 04/25/2033 | &nbsp;&nbsp; 270000 | &nbsp;&nbsp; 260192 |
| Fifth Third Financial Corp. (Rate is fixed until 01/30/2029, then SOFR + 216) (Banks)<br> (c) | 5.982% | 01/30/2030 | &nbsp;&nbsp; 320000 | &nbsp;&nbsp; 330194 |
| Fiserv, Inc. (Financial Services) | 3.500% | 07/01/2029 | &nbsp;&nbsp; 425000 | &nbsp;&nbsp; 407067 |
| FNB Corp. (Rate is fixed until 12/11/2029, then SOFRINDX + 193) (Banks)<br> (c) | 5.722% | 12/11/2030 | &nbsp;&nbsp; 350000 | &nbsp;&nbsp; 352174 |
| Ford Motor Credit Co. LLC (Consumer Finance) | 7.122% | 11/07/2033 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 210089 |
| General Motors Financial Co., Inc. (Consumer Finance) | 5.750% | 02/08/2031 | &nbsp;&nbsp; 425000 | &nbsp;&nbsp; 438524 |
| Global Payments, Inc. (Financial Services) | 5.550% | 11/15/2035 | &nbsp;&nbsp; 360000 | &nbsp;&nbsp; 346910 |
| Goldman Sachs BDC, Inc. (Capital Markets) | 5.650% | 09/09/2030 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1922390 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group, Inc. / The (Rate is fixed until 01/27/2031, then SOFR + 109) <br> (Capital Markets)<br>(c) | 1.992% | 01/27/2032 | &nbsp;&nbsp; 250000 | &nbsp;&nbsp; 219408 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group, Inc. / The (Rate is fixed until 04/25/2034, then SOFR + 155) <br> (Capital Markets)<br>(c) | 5.851% | 04/25/2035 | &nbsp;&nbsp; 250000 | &nbsp;&nbsp; 259418 |
| Goldman Sachs Private Credit Corp. (Capital Markets)<br> (a) | 5.050% | 02/23/2028 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 984742 |
| HPS Corporate Lending Fund (Capital Markets)<br> (a) | 5.150% | 04/02/2029 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 971649 |
| HPS Corporate Lending Fund (Capital Markets)<br> (a) | 5.650% | 04/02/2031 | &nbsp;&nbsp; 625000 | &nbsp;&nbsp; 599560 |
| HPS Corporate Lending Fund (Capital Markets) | 5.950% | 04/14/2032 | &nbsp;&nbsp; 1250000 | &nbsp;&nbsp; 1207706 |
| HSBC Holdings PLC (Rate is fixed until 03/24/2036, then H15T5Y + 280) (Banks)<br> (c) | 7.000% | Perpetual | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1980169 |
| HUB International Ltd. (Insurance)<br> (a) | 5.625% | 12/01/2029 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 194009 |
| HUB International Ltd. (Insurance)<br> (a) | 7.250% | 06/15/2030 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25610 |
| Huntington Bancshares, Inc. (Rate is fixed until 08/04/2027, then SOFR + 197) (Banks)<br> (c) | 4.443% | 08/04/2028 | &nbsp;&nbsp; 450000 | &nbsp;&nbsp; 449674 |
| Huntington Bancshares, Inc. (Rate is fixed until 02/02/2034, then SOFRINDX + 187) (Banks)<br> (c) | 5.709% | 02/02/2035 | &nbsp;&nbsp; 275000 | &nbsp;&nbsp; 280614 |
| Hyundai Capital America (Consumer Finance)<br> (a) | 5.300% | 01/08/2029 | &nbsp;&nbsp; 675000 | &nbsp;&nbsp; 684238 |
| Intesa Sanpaolo SpA (Rate is fixed until 06/01/2041, then H15T1Y + 275) (Banks)<br> (a)(c) | 4.950% | 06/01/2042 | &nbsp;&nbsp; 1600000 | &nbsp;&nbsp; 1340004 |
| Jefferies Finance LLC / JFIN Co-Issuer Corp. (Capital Markets)<br> (a) | 5.000% | 08/15/2028 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 931862 |
| Jefferies Financial Group, Inc. (Capital Markets) | 2.750% | 10/15/2032 | &nbsp;&nbsp; 380000 | &nbsp;&nbsp; 321772 |
| John Deere Capital Corp. (Consumer Finance) | 2.800% | 07/18/2029 | &nbsp;&nbsp; 630000 | &nbsp;&nbsp; 602197 |
| Jones Deslauriers Insurance Management, Inc. (Insurance)<br> (a) | 8.500% | 03/15/2030 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 50821 |
| JPMorgan Chase & Co. (Rate is fixed until 04/22/2030, then SOFR + 204) (Banks)<br> (c) | 2.522% | 04/22/2031 | &nbsp;&nbsp; 1025000 | &nbsp;&nbsp; 947210 |
| JPMorgan Chase & Co. (Rate is fixed until 11/19/2030, then TSFR3M + 111) (Banks)<br> (c) | 1.764% | 11/19/2031 | &nbsp;&nbsp; 100000 | &nbsp;&nbsp; 87788 |
| JPMorgan Chase & Co. (Rate is fixed until 04/22/2031, then TSFR3M + 125) (Banks)<br> (c) | 2.580% | 04/22/2032 | &nbsp;&nbsp; 100000 | &nbsp;&nbsp; 90366 |
| JPMorgan Chase & Co. (Rate is fixed until 01/25/2032, then SOFR + 126) (Banks)<br> (c) | 2.963% | 01/25/2033 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 181445 |
| JPMorgan Chase & Co. (Rate is fixed until 09/14/2032, then SOFR + 258) (Banks)<br> (c) | 5.717% | 09/14/2033 | &nbsp;&nbsp; 300000 | &nbsp;&nbsp; 310611 |
| JPMorgan Chase & Co. (Rate is fixed until 06/01/2033, then SOFR + 185) (Banks)<br> (c) | 5.350% | 06/01/2034 | &nbsp;&nbsp; 400000 | &nbsp;&nbsp; 408114 |
| JPMorgan Chase & Co. (Rate is fixed until 10/23/2033, then SOFR + 181) (Banks)<br> (c) | 6.254% | 10/23/2034 | &nbsp;&nbsp; 100000 | &nbsp;&nbsp; 107521 |
| JPMorgan Chase & Co. (Rate is fixed until 07/23/2035, then SOFR + 164) (Banks)<br> (c) | 5.576% | 07/23/2036 | &nbsp;&nbsp; 350000 | &nbsp;&nbsp; 354447 |
| JPMorgan Chase & Co. (Rate is fixed until 02/05/2036, then SOFR + 130) (Banks)<br> (c) | 5.193% | 02/05/2037 | &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 2947998 |
| KeyCorp (Rate is fixed until 03/06/2034, then SOFRINDX + 242) (Banks)<br> (c) | 6.401% | 03/06/2035 | &nbsp;&nbsp; 350000 | &nbsp;&nbsp; 371085 |
| Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp. (Mortgage REIT)<br> (a) | 7.000% | 07/15/2031 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1033726 |
| M&T Bank Corp. (Rate is fixed until 01/27/2033, then SOFR + 185) (Banks)<br> (c) | 5.053% | 01/27/2034 | &nbsp;&nbsp; 495000 | &nbsp;&nbsp; 488925 |
| M&T Bank Corp. (Rate is fixed until 01/16/2035, then SOFR + 161) (Banks)<br> (c) | 5.385% | 01/16/2036 | &nbsp;&nbsp; 225000 | &nbsp;&nbsp; 223148 |
| Marsh & McLennan Cos., Inc. (Insurance) | 4.650% | 03/15/2030 | &nbsp;&nbsp; 325000 | &nbsp;&nbsp; 327318 |
| MetLife, Inc. (Insurance) | 6.375% | 06/15/2034 | &nbsp;&nbsp; 400000 | &nbsp;&nbsp; 436021 |
| MetLife, Inc. (Rate is fixed until 03/15/2036, then H15T5Y + 182) (Insurance)<br> (c) | 5.850% | 03/15/2056 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1962984 |
| Metropolitan Life Global Funding I (Insurance)<br> (a) | 5.150% | 03/28/2033 | &nbsp;&nbsp; 230000 | &nbsp;&nbsp; 232274 |
| Mitsubishi HC Finance America LLC (Financial Services)<br> (a) | 4.558% | 01/14/2031 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1981757 |
| Morgan Stanley (Capital Markets) | 6.250% | 08/09/2026 | &nbsp;&nbsp; 275000 | &nbsp;&nbsp; 276881 |
| Morgan Stanley (Rate is fixed until 01/24/2028, then TSFR3M + 140) (Capital Markets)<br> (c) | 3.772% | 01/24/2029 | &nbsp;&nbsp; 425000 | &nbsp;&nbsp; 419306 |
| Morgan Stanley (Rate is fixed until 02/13/2031, then SOFR + 103) (Capital Markets)<br> (c) | 1.794% | 02/13/2032 | &nbsp;&nbsp; 295000 | &nbsp;&nbsp; 255452 |
| Morgan Stanley (Rate is fixed until 04/28/2031, then SOFR + 102) (Capital Markets)<br> (c) | 1.928% | 04/28/2032 | &nbsp;&nbsp; 250000 | &nbsp;&nbsp; 216704 |
| Morgan Stanley (Rate is fixed until 04/21/2033, then SOFR + 187) (Capital Markets)<br> (c) | 5.250% | 04/21/2034 | &nbsp;&nbsp; 195000 | &nbsp;&nbsp; 195609 |
| Morgan Stanley (Rate is fixed until 07/21/2033, then SOFR + 188) (Capital Markets)<br> (c) | 5.424% | 07/21/2034 | &nbsp;&nbsp; 100000 | &nbsp;&nbsp; 101466 |
| Morgan Stanley (Rate is fixed until 01/18/2034, then SOFR + 173) (Capital Markets)<br> (c) | 5.466% | 01/18/2035 | &nbsp;&nbsp; 140000 | &nbsp;&nbsp; 142313 |
| Morgan Stanley (Rate is fixed until 01/18/2035, then SOFR + 142) (Capital Markets)<br> (c) | 5.587% | 01/18/2036 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 203905 |
| Morgan Stanley (Rate is fixed until 10/22/2035, then SOFR + 131) (Capital Markets)<br> (c) | 4.892% | 10/22/2036 | &nbsp;&nbsp; 125000 | &nbsp;&nbsp; 120838 |
| Morgan Stanley (Rate is fixed until 04/20/2032, then SOFR + 262) (Capital Markets)<br> (c) | 5.297% | 04/20/2037 | &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 2992701 |
| MSD Investment Corp. (Capital Markets)<br> (a) | 6.125% | 02/05/2031 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1454599 |
| Northern Trust Corp. (Capital Markets) | 6.125% | 11/02/2032 | &nbsp;&nbsp; 380000 | &nbsp;&nbsp; 405204 |
| Old National Bancorp (Rate is fixed until 02/15/2031, then TSFR3M + 220) (Banks)<br> (c) | 5.768% | 02/15/2036 | &nbsp;&nbsp; 1750000 | &nbsp;&nbsp; 1741546 |
| Pacific Life Global Funding II (Insurance)<br> (a) | 4.900% | 01/11/2029 | &nbsp;&nbsp; 700000 | &nbsp;&nbsp; 707538 |
| Panther Escrow Issuer LLC (Insurance)<br> (a) | 7.125% | 06/01/2031 | &nbsp;&nbsp; 100000 | &nbsp;&nbsp; 100336 |
| &nbsp;&nbsp;&nbsp; PNC Financial Services Group, Inc. / The (Rate is fixed until 06/06/2032, then SOFRINDX + 185) <br> (Banks)<br>(c) | 4.626% | 06/06/2033 | &nbsp;&nbsp; 630000 | &nbsp;&nbsp; 612363 |
| &nbsp;&nbsp;&nbsp; PNC Financial Services Group, Inc. / The (Rate is fixed until 01/29/2035, then SOFR + 139) <br> (Banks)<br>(c) | 5.575% | 01/29/2036 | &nbsp;&nbsp; 140000 | &nbsp;&nbsp; 142927 |
| Prudential Financial, Inc. (Rate is fixed until 09/15/2027, then QL + 238) (Insurance)<br> (c) | 4.500% | 09/15/2047 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 975407 |
| Prudential Financial, Inc. (Insurance) | 3.700% | 03/13/2051 | &nbsp;&nbsp; 650000 | &nbsp;&nbsp; 465345 |
| Raymond James Financial, Inc. (Capital Markets) | 4.900% | 09/11/2035 | &nbsp;&nbsp; 100000 | &nbsp;&nbsp; 97385 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Core Plus Bond Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Corporate Bonds (Continued)** | **Rate** | **Maturity** | **Face Amount** | **Value** |
| **Financials (continued)** |  |  |  |  |
| Regions Financial Corp. (Rate is fixed until 06/06/2029, then SOFR + 149) (Banks)<br> (c) | 5.722% | 06/06/2030 | &nbsp;&nbsp; $330000 | &nbsp;&nbsp; $338429 |
| Rocket Cos., Inc. (Financial Services)<br> (a) | 6.375% | 08/01/2033 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25269 |
| Rocket Mortgage LLC / Rocket Mortgage Co-Issuer, Inc. (Financial Services)<br> (a) | 3.625% | 03/01/2029 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 47350 |
| Rocket Mortgage LLC / Rocket Mortgage Co-Issuer, Inc. (Financial Services)<br> (a) | 4.000% | 10/15/2033 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 44818 |
| Ryan Specialty LLC (Insurance)<br> (a) | 4.375% | 02/01/2030 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 48439 |
| Ryan Specialty LLC (Insurance)<br> (a) | 5.875% | 08/01/2032 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24709 |
| S&P Global, Inc. (Capital Markets) | 2.900% | 03/01/2032 | &nbsp;&nbsp; 390000 | &nbsp;&nbsp; 355645 |
| Synchrony Financial (Rate is fixed until 02/25/2031, then SOFR + 153) (Consumer Finance)<br> (c) | 4.947% | 02/25/2032 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 970502 |
| Texas Capital Bancshares, Inc. (Rate is fixed until 02/27/2031, then SOFR + 194) (Banks)<br> (c) | 5.301% | 02/27/2032 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 985955 |
| Travelers Cos., Inc. / The (Insurance) | 5.450% | 05/25/2053 | &nbsp;&nbsp; 180000 | &nbsp;&nbsp; 172157 |
| Truist Financial Corp. (Rate is fixed until 06/08/2033, then SOFR + 236) (Banks)<br> (c) | 5.867% | 06/08/2034 | &nbsp;&nbsp; 150000 | &nbsp;&nbsp; 156289 |
| U.S. Bancorp (Rate is fixed until 07/22/2032, then SOFR + 211) (Banks)<br> (c) | 4.967% | 07/22/2033 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 494540 |
| U.S. Bancorp (Rate is fixed until 06/10/2033, then SOFR + 226) (Banks)<br> (c) | 5.836% | 06/12/2034 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 208746 |
| United Wholesale Mortgage LLC (Financial Services)<br> (a) | 5.500% | 04/15/2029 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 46799 |
| USI, Inc. (Insurance)<br> (a) | 7.500% | 01/15/2032 | &nbsp;&nbsp; 150000 | &nbsp;&nbsp; 151974 |
| UWM Holdings LLC (Financial Services)<br> (a) | 6.625% | 02/01/2030 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 23579 |
| UWM Holdings LLC (Financial Services)<br> (a) | 6.250% | 03/15/2031 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 22767 |
| Wells Fargo & Co. (Rate is fixed until 02/11/2030, then TSFR3M + 126) (Banks)<br> (c) | 2.572% | 02/11/2031 | &nbsp;&nbsp; 525000 | &nbsp;&nbsp; 485614 |
| Wells Fargo & Co. (Rate is fixed until 07/25/2032, then SOFR + 210) (Banks)<br> (c) | 4.897% | 07/25/2033 | &nbsp;&nbsp; 550000 | &nbsp;&nbsp; 547187 |
| Wells Fargo & Co. (Rate is fixed until 04/24/2033, then SOFR + 202) (Banks)<br> (c) | 5.389% | 04/24/2034 | &nbsp;&nbsp; 150000 | &nbsp;&nbsp; 152246 |
| Wells Fargo & Co. (Rate is fixed until 10/23/2033, then SOFR + 206) (Banks)<br> (c) | 6.491% | 10/23/2034 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 216551 |
| Wells Fargo & Co. (Rate is fixed until 01/23/2034, then SOFR + 178) (Banks)<br> (c) | 5.499% | 01/23/2035 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 203590 |
| Willis North America, Inc. (Insurance) | 5.150% | 03/15/2036 | &nbsp;&nbsp; 800000 | &nbsp;&nbsp; 779074 |
| Zions Bancorp N.A. (Rate is fixed until 02/09/2028, then SOFR + 106) (Banks)<br> (c) | 4.483% | 02/09/2029 | &nbsp;&nbsp; 4000000 | &nbsp;&nbsp; 3970132 |
|  |  |  |  | &nbsp;&nbsp; 84159357 |
| **Health Care–2.3%** |  |  |  |  |
| 180 Medical, Inc. (Health Care Equip. & Supplies)<br> (a) | 5.300% | 10/08/2035 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 196061 |
| Abbott Laboratories (Health Care Equip. & Supplies) | 3.750% | 11/30/2026 | &nbsp;&nbsp; 510000 | &nbsp;&nbsp; 509207 |
| AbbVie, Inc. (Biotechnology) | 4.875% | 03/15/2030 | &nbsp;&nbsp; 400000 | &nbsp;&nbsp; 407979 |
| AbbVie, Inc. (Biotechnology) | 4.250% | 11/21/2049 | &nbsp;&nbsp; 750000 | &nbsp;&nbsp; 608800 |
| Aetna, Inc. (Health Care Providers & Svs.) | 6.625% | 06/15/2036 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1077618 |
| AHP Health Partners, Inc. (Health Care Providers & Svs.)<br> (a) | 5.750% | 07/15/2029 | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 74169 |
| Alcon Finance Corp. (Health Care Equip. & Supplies)<br> (a) | 2.600% | 05/27/2030 | &nbsp;&nbsp; 400000 | &nbsp;&nbsp; 369970 |
| Amgen, Inc. (Biotechnology) | 5.250% | 03/02/2033 | &nbsp;&nbsp; 265000 | &nbsp;&nbsp; 271950 |
| Amgen, Inc. (Biotechnology) | 3.375% | 02/21/2050 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 351852 |
| Amgen, Inc. (Biotechnology) | 5.650% | 03/02/2053 | &nbsp;&nbsp; 165000 | &nbsp;&nbsp; 159809 |
| AstraZeneca PLC (Pharmaceuticals) | 3.125% | 06/12/2027 | &nbsp;&nbsp; 810000 | &nbsp;&nbsp; 802145 |
| Avantor Funding, Inc. (Health Care Equip. & Supplies)<br> (a) | 4.625% | 07/15/2028 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 48801 |
| Becton Dickinson & Co. (Health Care Equip. & Supplies) | 3.794% | 05/20/2050 | &nbsp;&nbsp; 40000 | &nbsp;&nbsp; 28921 |
| Biogen, Inc. (Biotechnology) | 3.150% | 05/01/2050 | &nbsp;&nbsp; 300000 | &nbsp;&nbsp; 189060 |
| Bristol-Myers Squibb Co. (Pharmaceuticals) | 3.700% | 03/15/2052 | &nbsp;&nbsp; 270000 | &nbsp;&nbsp; 194668 |
| Bristol-Myers Squibb Co. (Pharmaceuticals) | 5.550% | 02/22/2054 | &nbsp;&nbsp; 185000 | &nbsp;&nbsp; 178138 |
| CVS Health Corp. (Health Care Providers & Svs.) | 4.250% | 04/01/2050 | &nbsp;&nbsp; 550000 | &nbsp;&nbsp; 417618 |
| Danaher Corp. (Life Sciences Tools & Svs.) | 2.600% | 10/01/2050 | &nbsp;&nbsp; 820000 | &nbsp;&nbsp; 490043 |
| Elevance Health, Inc. (Health Care Providers & Svs.) | 4.750% | 02/15/2033 | &nbsp;&nbsp; 380000 | &nbsp;&nbsp; 374203 |
| Elevance Health, Inc. (Health Care Providers & Svs.) | 5.000% | 01/15/2036 | &nbsp;&nbsp; 250000 | &nbsp;&nbsp; 244910 |
| GE HealthCare Technologies, Inc. (Health Care Equip. & Supplies) | 6.377% | 11/22/2052 | &nbsp;&nbsp; 255000 | &nbsp;&nbsp; 270836 |
| HCA, Inc. (Health Care Providers & Svs.) | 5.200% | 06/01/2028 | &nbsp;&nbsp; 115000 | &nbsp;&nbsp; 116730 |
| HCA, Inc. (Health Care Providers & Svs.) | 3.500% | 07/15/2051 | &nbsp;&nbsp; 600000 | &nbsp;&nbsp; 397112 |
| HCA, Inc. (Health Care Providers & Svs.) | 6.000% | 04/01/2054 | &nbsp;&nbsp; 110000 | &nbsp;&nbsp; 106172 |
| HealthEquity, Inc. (Health Care Providers & Svs.)<br> (a) | 4.500% | 10/01/2029 | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 72562 |
| IQVIA, Inc. (Life Sciences Tools & Svs.)<br> (a) | 6.250% | 06/01/2032 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 50775 |
| Medline Borrower LP (Health Care Equip. & Supplies)<br> (a) | 3.875% | 04/01/2029 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24184 |
| Medline Borrower LP (Health Care Equip. & Supplies)<br> (a) | 5.250% | 10/01/2029 | &nbsp;&nbsp; 150000 | &nbsp;&nbsp; 148679 |
| Opal Bidco SAS (Pharmaceuticals)<br> (a) | 6.500% | 03/31/2032 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 200193 |
| Pfizer Investment Enterprises Pte Ltd. (Pharmaceuticals) | 4.750% | 05/19/2033 | &nbsp;&nbsp; 350000 | &nbsp;&nbsp; 348667 |
| Pfizer Investment Enterprises Pte Ltd. (Pharmaceuticals) | 5.300% | 05/19/2053 | &nbsp;&nbsp; 275000 | &nbsp;&nbsp; 255577 |
| Raven Acquisition Holdings LLC (Health Care Providers & Svs.)<br> (a) | 6.875% | 11/15/2031 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 48203 |
| Regeneron Pharmaceuticals, Inc. (Biotechnology) | 2.800% | 09/15/2050 | &nbsp;&nbsp; 527000 | &nbsp;&nbsp; 318982 |
| Select Medical Corp. (Health Care Providers & Svs.)<br> (a) | 6.250% | 12/01/2032 | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 71482 |
| Takeda Pharmaceutical Co. Ltd. (Pharmaceuticals) | 2.050% | 03/31/2030 | &nbsp;&nbsp; 350000 | &nbsp;&nbsp; 318012 |
| Takeda Pharmaceutical Co. Ltd. (Pharmaceuticals) | 3.025% | 07/09/2040 | &nbsp;&nbsp; 400000 | &nbsp;&nbsp; 300805 |
| Tenet Healthcare Corp. (Health Care Providers & Svs.) | 4.625% | 06/15/2028 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 49552 |
| Tenet Healthcare Corp. (Health Care Providers & Svs.) | 6.125% | 10/01/2028 | &nbsp;&nbsp; 17000 | &nbsp;&nbsp; 17040 |
| Tenet Healthcare Corp. (Health Care Providers & Svs.) | 4.250% | 06/01/2029 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24241 |
| Tenet Healthcare Corp. (Health Care Providers & Svs.) | 6.750% | 05/15/2031 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25553 |
| UnitedHealth Group, Inc. (Health Care Providers & Svs.) | 5.050% | 04/15/2053 | &nbsp;&nbsp; 400000 | &nbsp;&nbsp; 351878 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Core Plus Bond Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Corporate Bonds (Continued)** | **Rate** | **Maturity** | **Face Amount** | **Value** |
| **Health Care (continued)** |  |  |  |  |
| Viatris, Inc. (Pharmaceuticals) | 4.000% | 06/22/2050 | &nbsp;&nbsp; $650000 | &nbsp;&nbsp; $426015 |
| Zoetis, Inc. (Pharmaceuticals) | 3.000% | 05/15/2050 | &nbsp;&nbsp; 600000 | &nbsp;&nbsp; 386291 |
|  |  |  |  | &nbsp;&nbsp; 11325463 |
| **Industrials–2.5%** |  |  |  |  |
| Air Lease Corp. (Trading Companies & Distributors) | 5.850% | 12/15/2027 | &nbsp;&nbsp; 270000 | &nbsp;&nbsp; 275641 |
| Airbus SE (Aerospace & Defense)<br> (a) | 3.150% | 04/10/2027 | &nbsp;&nbsp; 800000 | &nbsp;&nbsp; 790590 |
| Allied Universal Holdco LLC (Commercial Svs. & Supplies)<br> (a) | 7.875% | 02/15/2031 | &nbsp;&nbsp; 100000 | &nbsp;&nbsp; 103122 |
| BAE Systems PLC (Aerospace & Defense)<br> (a) | 3.000% | 09/15/2050 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 329910 |
| Boeing Co. / The (Aerospace & Defense) | 5.805% | 05/01/2050 | &nbsp;&nbsp; 350000 | &nbsp;&nbsp; 338354 |
| Boeing Co. / The (Aerospace & Defense) | 6.858% | 05/01/2054 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1100575 |
| Brink's Co. / The (Commercial Svs. & Supplies)<br> (a) | 6.500% | 06/15/2029 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25387 |
| Brink's Co. / The (Commercial Svs. & Supplies)<br> (a) | 6.750% | 06/15/2032 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25305 |
| Burlington Northern Santa Fe LLC (Ground Transportation) | 5.200% | 04/15/2054 | &nbsp;&nbsp; 350000 | &nbsp;&nbsp; 322078 |
| CACI International, Inc. (Professional Svs.)<br> (a) | 6.375% | 06/15/2033 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25448 |
| Canadian Pacific Railway Co. (Ground Transportation) | 1.750% | 12/02/2026 | &nbsp;&nbsp; 90000 | &nbsp;&nbsp; 88604 |
| Canadian Pacific Railway Co. (Ground Transportation) | 3.000% | 12/02/2041 | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 55119 |
| Canadian Pacific Railway Co. (Ground Transportation) | 3.500% | 05/01/2050 | &nbsp;&nbsp; 675000 | &nbsp;&nbsp; 476803 |
| Carrier Global Corp. (Building Products) | 6.200% | 03/15/2054 | &nbsp;&nbsp; 160000 | &nbsp;&nbsp; 167189 |
| Clarivate Science Holdings Corp. (Professional Svs.)<br> (a) | 4.875% | 07/01/2029 | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 65076 |
| CNH Industrial N.V. (Machinery) | 3.850% | 11/15/2027 | &nbsp;&nbsp; 425000 | &nbsp;&nbsp; 420665 |
| EMRLD Borrower LP / Emerald Co-Issuer, Inc. (Electrical Equip.)<br> (a) | 6.625% | 12/15/2030 | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 76279 |
| EMRLD Borrower LP / Emerald Co-Issuer, Inc. (Electrical Equip.)<br> (a) | 6.750% | 07/15/2031 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25711 |
| ERAC U.S.A. Finance LLC (Ground Transportation)<br> (a) | 4.600% | 05/01/2028 | &nbsp;&nbsp; 150000 | &nbsp;&nbsp; 150726 |
| Garda World Security Corp. (Commercial Svs. & Supplies)<br> (a) | 6.000% | 06/01/2029 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 23796 |
| Garda World Security Corp. (Commercial Svs. & Supplies)<br> (a) | 6.500% | 01/15/2031 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25346 |
| Garda World Security Corp. (Commercial Svs. & Supplies)<br> (a) | 8.250% | 08/01/2032 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 49477 |
| Garda World Security Corp. (Commercial Svs. & Supplies)<br> (a) | 8.375% | 11/15/2032 | &nbsp;&nbsp; 100000 | &nbsp;&nbsp; 100068 |
| Gates Corp. (Machinery)<br> (a) | 6.875% | 07/01/2029 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 51302 |
| General Dynamics Corp. (Aerospace & Defense) | 1.150% | 06/01/2026 | &nbsp;&nbsp; 745000 | &nbsp;&nbsp; 741386 |
| HEICO Corp. (Aerospace & Defense) | 5.350% | 08/01/2033 | &nbsp;&nbsp; 330000 | &nbsp;&nbsp; 335742 |
| Herc Holdings, Inc. (Trading Companies & Distributors)<br> (a) | 7.000% | 06/15/2030 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 51268 |
| Honeywell International, Inc. (Industrial Conglomerates) | 2.800% | 06/01/2050 | &nbsp;&nbsp; 370000 | &nbsp;&nbsp; 239665 |
| Huntington Ingalls Industries, Inc. (Aerospace & Defense) | 3.483% | 12/01/2027 | &nbsp;&nbsp; 560000 | &nbsp;&nbsp; 551140 |
| Ingersoll Rand, Inc. (Machinery) | 5.700% | 06/15/2054 | &nbsp;&nbsp; 180000 | &nbsp;&nbsp; 175801 |
| Madison IAQ LLC (Commercial Svs. & Supplies)<br> (a) | 5.875% | 06/30/2029 | &nbsp;&nbsp; 100000 | &nbsp;&nbsp; 98066 |
| Masco Corp. (Building Products) | 3.500% | 11/15/2027 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 197125 |
| Masterbrand, Inc. (Building Products)<br> (a) | 7.000% | 07/15/2032 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24426 |
| Miter Brands Acquisition Holdco, Inc. / MIWD Borrower LLC (Building Products)<br> (a) | 6.750% | 04/01/2032 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 23944 |
| Northrop Grumman Corp. (Aerospace & Defense) | 3.250% | 01/15/2028 | &nbsp;&nbsp; 625000 | &nbsp;&nbsp; 613832 |
| Republic Services, Inc. (Commercial Svs. & Supplies) | 4.875% | 04/01/2029 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 202995 |
| Republic Services, Inc. (Commercial Svs. & Supplies) | 2.375% | 03/15/2033 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 172622 |
| RTX Corp. (Aerospace & Defense) | 5.150% | 02/27/2033 | &nbsp;&nbsp; 630000 | &nbsp;&nbsp; 642506 |
| Ryder System, Inc. (Ground Transportation) | 5.250% | 06/01/2028 | &nbsp;&nbsp; 250000 | &nbsp;&nbsp; 253991 |
| Science Applications International Corp. (Professional Svs.)<br> (a) | 4.875% | 04/01/2028 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 49206 |
| SPX FLOW, Inc. (Machinery)<br> (a) | 8.750% | 04/01/2030 | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 76641 |
| SS&C Technologies, Inc. (Professional Svs.)<br> (a) | 5.500% | 09/30/2027 | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 75051 |
| Standard Building Solutions, Inc. (Building Products)<br> (a) | 6.500% | 08/15/2032 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 50026 |
| Standard Building Solutions, Inc. (Building Products)<br> (a) | 6.250% | 08/01/2033 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24719 |
| Textron, Inc. (Aerospace & Defense) | 3.650% | 03/15/2027 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 496378 |
| TransDigm, Inc. (Aerospace & Defense)<br> (a) | 6.750% | 08/15/2028 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25304 |
| TransDigm, Inc. (Aerospace & Defense)<br> (a) | 6.375% | 03/01/2029 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25467 |
| TransDigm, Inc. (Aerospace & Defense)<br> (a) | 6.875% | 12/15/2030 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25616 |
| TransDigm, Inc. (Aerospace & Defense)<br> (a) | 6.625% | 03/01/2032 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25497 |
| TransDigm, Inc. (Aerospace & Defense)<br> (a) | 6.375% | 05/31/2033 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 49733 |
| TransDigm, Inc. (Aerospace & Defense)<br> (a) | 6.750% | 01/31/2034 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25328 |
| Uber Technologies, Inc. (Ground Transportation) | 4.300% | 01/15/2030 | &nbsp;&nbsp; 245000 | &nbsp;&nbsp; 242936 |
| Union Pacific Corp. (Ground Transportation) | 2.375% | 05/20/2031 | &nbsp;&nbsp; 585000 | &nbsp;&nbsp; 530137 |
| United Rentals North America, Inc. (Trading Companies & Distributors) | 4.875% | 01/15/2028 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24891 |
| United Rentals North America, Inc. (Trading Companies & Distributors) | 3.875% | 02/15/2031 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 47003 |
| Verisk Analytics, Inc. (Professional Svs.) | 4.125% | 03/15/2029 | &nbsp;&nbsp; 400000 | &nbsp;&nbsp; 397796 |
| Waste Connections, Inc. (Commercial Svs. & Supplies) | 2.600% | 02/01/2030 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 188191 |
| Waste Connections, Inc. (Commercial Svs. & Supplies) | 4.200% | 01/15/2033 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 193521 |
| Watco Cos. LLC / Watco Finance Corp. (Ground Transportation)<br> (a) | 7.125% | 08/01/2032 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25675 |
| WESCO Distribution, Inc. (Trading Companies & Distributors)<br> (a) | 7.250% | 06/15/2028 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25136 |
| WESCO Distribution, Inc. (Trading Companies & Distributors)<br> (a) | 6.375% | 03/15/2029 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25448 |
| WESCO Distribution, Inc. (Trading Companies & Distributors)<br> (a) | 6.375% | 03/15/2033 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25469 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Core Plus Bond Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Corporate Bonds (Continued)** | **Rate** | **Maturity** | **Face Amount** | **Value** |
| **Industrials (continued)** |  |  |  |  |
| White Cap Supply Holdings LLC (Building Products)<br> (a) | 7.375% | 11/15/2030 | &nbsp;&nbsp; $50000 | &nbsp;&nbsp; $48500 |
| Xylem, Inc. (Machinery) | 2.250% | 01/30/2031 | &nbsp;&nbsp; 155000 | &nbsp;&nbsp; 139526 |
|  |  |  |  | &nbsp;&nbsp; 12300275 |
| **Information Technology–2.0%** |  |  |  |  |
| Apple, Inc. (Tech. Hardware, Storage & Periph.) | 2.375% | 02/08/2041 | &nbsp;&nbsp; 475000 | &nbsp;&nbsp; 336886 |
| AppLovin Corp. (Software) | 5.500% | 12/01/2034 | &nbsp;&nbsp; 155000 | &nbsp;&nbsp; 153717 |
| Autodesk, Inc. (Software) | 5.300% | 06/15/2035 | &nbsp;&nbsp; 140000 | &nbsp;&nbsp; 140180 |
| Broadcom, Inc. (Semiconductors & Equip.) | 3.469% | 04/15/2034 | &nbsp;&nbsp; 435000 | &nbsp;&nbsp; 391691 |
| Broadcom, Inc. (Semiconductors & Equip.) | 4.900% | 02/15/2038 | &nbsp;&nbsp; 265000 | &nbsp;&nbsp; 255772 |
| Capstone Borrower, Inc. (Software)<br> (a) | 8.000% | 06/15/2030 | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 71661 |
| Cisco Systems, Inc. (Communications Equip.) | 4.750% | 02/24/2030 | &nbsp;&nbsp; 350000 | &nbsp;&nbsp; 356726 |
| Cloud Software Group, Inc. (Software)<br> (a) | 6.500% | 03/31/2029 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 48779 |
| Cloud Software Group, Inc. (Software)<br> (a) | 9.000% | 09/30/2029 | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 72350 |
| Cloud Software Group, Inc. (Software)<br> (a) | 8.250% | 06/30/2032 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 47422 |
| Coherent Corp. (Electronic Equip., Instr. & Comp.)<br> (a) | 5.000% | 12/15/2029 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 49041 |
| CoreWeave, Inc. (IT Svs.)<br> (a) | 9.000% | 02/01/2031 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 23788 |
| Dell International LLC / EMC Corp. (Tech. Hardware, Storage & Periph.) | 5.100% | 02/15/2036 | &nbsp;&nbsp; 300000 | &nbsp;&nbsp; 293341 |
| Elastic N.V. (Software)<br> (a) | 4.125% | 07/15/2029 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 46904 |
| Ellucian Holdings, Inc. (Software)<br> (a) | 6.500% | 12/01/2029 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24419 |
| Entegris, Inc. (Semiconductors & Equip.)<br> (a) | 5.950% | 06/15/2030 | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 75473 |
| Gen Digital, Inc. (Software)<br> (a) | 6.250% | 04/01/2033 | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 72909 |
| Hewlett Packard Enterprise Co. (Tech. Hardware, Storage & Periph.) | 5.000% | 10/15/2034 | &nbsp;&nbsp; 400000 | &nbsp;&nbsp; 387195 |
| Hewlett Packard Enterprise Co. (Tech. Hardware, Storage & Periph.) | 5.600% | 10/15/2054 | &nbsp;&nbsp; 180000 | &nbsp;&nbsp; 160680 |
| Insight Enterprises, Inc. (Electronic Equip., Instr. & Comp.)<br> (a) | 6.625% | 05/15/2032 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 48258 |
| Keysight Technologies, Inc. (Electronic Equip., Instr. & Comp.) | 5.350% | 07/30/2030 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 205459 |
| Keysight Technologies, Inc. (Electronic Equip., Instr. & Comp.) | 4.950% | 10/15/2034 | &nbsp;&nbsp; 240000 | &nbsp;&nbsp; 237489 |
| Leidos, Inc. (IT Svs.) | 4.375% | 05/15/2030 | &nbsp;&nbsp; 325000 | &nbsp;&nbsp; 319746 |
| NCR Voyix Corp. (Software)<br> (a) | 5.125% | 04/15/2029 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 23911 |
| Open Text Corp. (Software)<br> (a) | 6.900% | 12/01/2027 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25659 |
| Open Text Corp. (Software)<br> (a) | 3.875% | 12/01/2029 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 22341 |
| Oracle Corp. (Software) | 4.950% | 02/04/2031 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1956880 |
| Oracle Corp. (Software) | 6.250% | 11/09/2032 | &nbsp;&nbsp; 300000 | &nbsp;&nbsp; 307834 |
| Oracle Corp. (Software) | 5.375% | 09/27/2054 | &nbsp;&nbsp; 315000 | &nbsp;&nbsp; 243660 |
| Rocket Software, Inc. (Software)<br> (a) | 9.000% | 11/28/2028 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24962 |
| Roper Technologies, Inc. (Software) | 4.900% | 10/15/2034 | &nbsp;&nbsp; 525000 | &nbsp;&nbsp; 506912 |
| Salesforce, Inc. (Software) | 5.200% | 03/15/2033 | &nbsp;&nbsp; 893000 | &nbsp;&nbsp; 891475 |
| Salesforce, Inc. (Software) | 5.550% | 03/15/2036 | &nbsp;&nbsp; 893000 | &nbsp;&nbsp; 890222 |
| Seagate Data Storage Technology Pte. Ltd. (Tech. Hardware, Storage & Periph.)<br> (a) | 8.250% | 12/15/2029 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 26255 |
| Seagate Data Storage Technology Pte. Ltd. (Tech. Hardware, Storage & Periph.)<br> (a) | 5.875% | 07/15/2030 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25411 |
| Seagate Data Storage Technology Pte. Ltd. (Tech. Hardware, Storage & Periph.)<br> (a) | 9.625% | 12/01/2032 | &nbsp;&nbsp; 39000 | &nbsp;&nbsp; 43345 |
| Synaptics, Inc. (Semiconductors & Equip.)<br> (a) | 4.000% | 06/15/2029 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 47346 |
| Trimble, Inc. (Software) | 6.100% | 03/15/2033 | &nbsp;&nbsp; 250000 | &nbsp;&nbsp; 261575 |
| TTM Technologies, Inc. (Electronic Equip., Instr. & Comp.)<br> (a) | 4.000% | 03/01/2029 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24009 |
| UKG, Inc. (Software)<br> (a) | 6.875% | 02/01/2031 | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 73299 |
| VeriSign, Inc. (IT Svs.) | 2.700% | 06/15/2031 | &nbsp;&nbsp; 510000 | &nbsp;&nbsp; 456614 |
| Viavi Solutions, Inc. (Communications Equip.)<br> (a) | 3.750% | 10/01/2029 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 46912 |
| VMware LLC (Software) | 1.400% | 08/15/2026 | &nbsp;&nbsp; 240000 | &nbsp;&nbsp; 237475 |
| Zebra Technologies Corp. (Electronic Equip., Instr. & Comp.)<br> (a) | 6.500% | 06/01/2032 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25170 |
|  |  |  |  | &nbsp;&nbsp; 9981153 |
| **Materials–0.6%** |  |  |  |  |
| Anglo American Capital PLC (Metals & Mining)<br> (a) | 2.875% | 03/17/2031 | &nbsp;&nbsp; 375000 | &nbsp;&nbsp; 343008 |
| Anglo American Capital PLC (Metals & Mining)<br> (a) | 5.250% | 03/19/2036 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 977781 |
| &nbsp;&nbsp;&nbsp; Ardagh Metal Packaging Finance U.S.A. LLC / Ardagh Metal Packaging Finance PLC <br> (Containers & Packaging)<br>(a) | 4.000% | 09/01/2029 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 183140 |
| Ball Corp. (Containers & Packaging) | 6.000% | 06/15/2029 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25359 |
| Celanese U.S. Holdings LLC (Chemicals) | 6.750% | 04/15/2033 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 51298 |
| Clydesdale Acquisition Holdings, Inc. (Containers & Packaging)<br> (a) | 6.875% | 01/15/2030 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 48599 |
| Clydesdale Acquisition Holdings, Inc. (Containers & Packaging)<br> (a) | 8.750% | 04/15/2030 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 23327 |
| Clydesdale Acquisition Holdings, Inc. (Containers & Packaging)<br> (a) | 6.750% | 04/15/2032 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 47307 |
| Coeur Mining, Inc. (Metals & Mining)<br> (a) | 5.125% | 02/15/2029 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24673 |
| Freeport-McMoRan, Inc. (Metals & Mining) | 5.400% | 11/14/2034 | &nbsp;&nbsp; 250000 | &nbsp;&nbsp; 253668 |
| Glencore Funding LLC (Metals & Mining)<br> (a) | 3.375% | 09/23/2051 | &nbsp;&nbsp; 350000 | &nbsp;&nbsp; 229627 |
| Graphic Packaging International LLC (Containers & Packaging)<br> (a) | 3.500% | 03/01/2029 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 23405 |
| Graphic Packaging International LLC (Containers & Packaging)<br> (a) | 3.750% | 02/01/2030 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 22944 |
| Illuminate Buyer LLC / Illuminate Holdings IV, Inc. (Chemicals)<br> (a) | 9.000% | 07/01/2028 | &nbsp;&nbsp; 11000 | &nbsp;&nbsp; 11009 |
| Quikrete Holdings, Inc. (Construction Materials)<br> (a) | 6.375% | 03/01/2032 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25350 |
| Quikrete Holdings, Inc. (Construction Materials)<br> (a) | 6.750% | 03/01/2033 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25391 |
| Sealed Air Corp. (Containers & Packaging)<br> (a) | 4.000% | 12/01/2027 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24937 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Core Plus Bond Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Corporate Bonds (Continued)** | **Rate** | **Maturity** | **Face Amount** | **Value** |
| **Materials (continued)** |  |  |  |  |
| Sealed Air Corp. (Containers & Packaging)<br> (a) | 6.500% | 07/15/2032 | &nbsp;&nbsp; $25000 | &nbsp;&nbsp; $26224 |
| Sealed Air Corp. / Sealed Air Corp. U.S. (Containers & Packaging)<br> (a) | 7.250% | 02/15/2031 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 26216 |
| Solstice Advanced Materials, Inc. (Chemicals)<br> (a) | 5.625% | 09/30/2033 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24651 |
| Trivium Packaging Finance B.V. (Containers & Packaging)<br> (a) | 12.250% | 01/15/2031 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 216542 |
| W.R. Grace Holdings LLC (Chemicals)<br> (a) | 6.625% | 08/15/2032 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24359 |
| WRKCo, Inc. (Containers & Packaging) | 4.000% | 03/15/2028 | &nbsp;&nbsp; 325000 | &nbsp;&nbsp; 323137 |
|  |  |  |  | &nbsp;&nbsp; 2981952 |
| **Real Estate–2.0%** |  |  |  |  |
| Alexandria Real Estate Equities, Inc. (Health Care REITs) | 1.875% | 02/01/2033 | &nbsp;&nbsp; 530000 | &nbsp;&nbsp; 429031 |
| American Tower Corp. (Specialized REITs) | 2.700% | 04/15/2031 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 453674 |
| AvalonBay Communities, Inc. (Residential REITs) | 3.350% | 05/15/2027 | &nbsp;&nbsp; 725000 | &nbsp;&nbsp; 717959 |
| Camden Property Trust (Residential REITs) | 4.900% | 01/15/2034 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 497043 |
| Cousins Properties LP (Office REITs) | 4.875% | 03/01/2033 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 962769 |
| Healthcare Realty Holdings LP (Health Care REITs) | 2.000% | 03/15/2031 | &nbsp;&nbsp; 525000 | &nbsp;&nbsp; 455866 |
| Healthpeak OP LLC (Health Care REITs) | 4.750% | 01/15/2033 | &nbsp;&nbsp; 300000 | &nbsp;&nbsp; 293460 |
| Howard Hughes Corp. / The (Real Estate Mgmt. & Development)<br> (a) | 6.125% | 03/01/2034 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 480165 |
| Iron Mountain, Inc. (Specialized REITs)<br> (a) | 7.000% | 02/15/2029 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 50961 |
| Iron Mountain, Inc. (Specialized REITs)<br> (a) | 6.250% | 01/15/2033 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24920 |
| Kimco Realty OP LLC (Retail REITs) | 2.700% | 10/01/2030 | &nbsp;&nbsp; 650000 | &nbsp;&nbsp; 604270 |
| Outfront Media Capital LLC / Outfront Media Capital Corp. (Specialized REITs)<br> (a) | 4.250% | 01/15/2029 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 48200 |
| Outfront Media Capital LLC / Outfront Media Capital Corp. (Specialized REITs)<br> (a) | 7.375% | 02/15/2031 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 26068 |
| Piedmont Operating Partnership LP (Office REITs) | 2.750% | 04/01/2032 | &nbsp;&nbsp; 300000 | &nbsp;&nbsp; 252067 |
| Regency Centers LP (Retail REITs) | 2.950% | 09/15/2029 | &nbsp;&nbsp; 875000 | &nbsp;&nbsp; 834031 |
| RHP Hotel Properties LP / RHP Finance Corp. (Hotel & Resort REITs)<br> (a) | 6.500% | 04/01/2032 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25453 |
| Safehold GL Holdings LLC (Specialized REITs) | 5.650% | 01/15/2035 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 2022670 |
| UDR, Inc. (Residential REITs) | 3.500% | 01/15/2028 | &nbsp;&nbsp; 800000 | &nbsp;&nbsp; 786861 |
| W.P. Carey, Inc. (Diversified REITs) | 3.850% | 07/15/2029 | &nbsp;&nbsp; 350000 | &nbsp;&nbsp; 341719 |
| Welltower OP LLC (Health Care REITs) | 4.250% | 04/01/2026 | &nbsp;&nbsp; 475000 | &nbsp;&nbsp; 475000 |
| XHR LP (Hotel & Resort REITs)<br> (a) | 6.625% | 05/15/2030 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 50480 |
|  |  |  |  | &nbsp;&nbsp; 9832667 |
| **Utilities–3.5%** |  |  |  |  |
| Ameren Corp. (Multi-Utilities) | 1.750% | 03/15/2028 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 950883 |
| American Electric Power Co., Inc. (Electric Utilities) | 5.625% | 03/01/2033 | &nbsp;&nbsp; 380000 | &nbsp;&nbsp; 392663 |
| Black Hills Corp. (Multi-Utilities) | 2.500% | 06/15/2030 | &nbsp;&nbsp; 370000 | &nbsp;&nbsp; 337679 |
| Constellation Energy Generation LLC (Electric Utilities)<br> (a) | 5.000% | 02/01/2031 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 50135 |
| Constellation Energy Generation LLC (Electric Utilities)<br> (a) | 3.750% | 03/01/2031 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 23853 |
| Constellation Energy Generation LLC (Electric Utilities) | 5.800% | 03/01/2033 | &nbsp;&nbsp; 400000 | &nbsp;&nbsp; 418935 |
| Constellation Energy Generation LLC (Electric Utilities) | 6.125% | 01/15/2034 | &nbsp;&nbsp; 90000 | &nbsp;&nbsp; 96041 |
| Dominion Energy, Inc. (Multi-Utilities) | 1.450% | 04/15/2026 | &nbsp;&nbsp; 670000 | &nbsp;&nbsp; 669182 |
| Duke Energy Corp. (Electric Utilities) | 4.950% | 09/15/2035 | &nbsp;&nbsp; 300000 | &nbsp;&nbsp; 292453 |
| Duke Energy Corp. (Electric Utilities) | 3.750% | 09/01/2046 | &nbsp;&nbsp; 450000 | &nbsp;&nbsp; 332059 |
| Electricite de France SA (Electric Utilities)<br> (a) | 6.250% | 05/23/2033 | &nbsp;&nbsp; 445000 | &nbsp;&nbsp; 476243 |
| Emera U.S. Finance LP (Electric Utilities) | 3.550% | 06/15/2026 | &nbsp;&nbsp; 400000 | &nbsp;&nbsp; 399081 |
| Emera U.S. Finance LP (Electric Utilities) | 4.750% | 06/15/2046 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 164993 |
| ENEL Finance International N.V. (Electric Utilities)<br> (a) | 2.500% | 07/12/2031 | &nbsp;&nbsp; 750000 | &nbsp;&nbsp; 665713 |
| Exelon Corp. (Electric Utilities) | 4.050% | 04/15/2030 | &nbsp;&nbsp; 1175000 | &nbsp;&nbsp; 1150694 |
| Exelon Corp. (Electric Utilities) | 4.100% | 03/15/2052 | &nbsp;&nbsp; 155000 | &nbsp;&nbsp; 116996 |
| FirstEnergy Corp. (Electric Utilities) | 2.650% | 03/01/2030 | &nbsp;&nbsp; 250000 | &nbsp;&nbsp; 231448 |
| National Fuel Gas Co. (Gas Utilities) | 2.950% | 03/01/2031 | &nbsp;&nbsp; 220000 | &nbsp;&nbsp; 199995 |
| NextEra Energy Capital Holdings, Inc. (Electric Utilities) | 3.550% | 05/01/2027 | &nbsp;&nbsp; 600000 | &nbsp;&nbsp; 594773 |
| NextEra Energy Capital Holdings, Inc. (Electric Utilities) | 5.050% | 03/15/2030 | &nbsp;&nbsp; 250000 | &nbsp;&nbsp; 254631 |
| NextEra Energy Capital Holdings, Inc. (Electric Utilities) | 2.250% | 06/01/2030 | &nbsp;&nbsp; 600000 | &nbsp;&nbsp; 546757 |
| Niagara Mohawk Power Corp. (Multi-Utilities)<br> (a) | 5.996% | 07/03/2055 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1964021 |
| NiSource, Inc. (Multi-Utilities) | 5.250% | 03/30/2028 | &nbsp;&nbsp; 105000 | &nbsp;&nbsp; 106655 |
| NiSource, Inc. (Multi-Utilities) | 5.400% | 06/30/2033 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 511594 |
| NRG Energy, Inc. (Electric Utilities)<br> (a) | 5.750% | 07/15/2029 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24963 |
| NRG Energy, Inc. (Electric Utilities)<br> (a) | 3.875% | 02/15/2032 | &nbsp;&nbsp; 28000 | &nbsp;&nbsp; 25669 |
| NRG Energy, Inc. (Electric Utilities)<br> (a) | 6.250% | 11/01/2034 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25199 |
| NRG Energy, Inc. (Electric Utilities)<br> (a) | 6.000% | 01/15/2036 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24773 |
| PacifiCorp (Electric Utilities) | 5.800% | 04/15/2036 | &nbsp;&nbsp; 900000 | &nbsp;&nbsp; 907213 |
| PacifiCorp (Rate is fixed until 08/15/2031, then H15T5Y + 329) (Electric Utilities)<br> (c) | 7.125% | 08/15/2056 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 944679 |
| PG&E Corp. (Rate is fixed until 09/15/2031, then H15T5Y + 323) (Electric Utilities)<br> (c) | 6.850% | 09/15/2056 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1482192 |
| PPL Capital Funding, Inc. (Electric Utilities) | 3.100% | 05/15/2026 | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 199671 |
| Puget Energy, Inc. (Electric Utilities) | 2.379% | 06/15/2028 | &nbsp;&nbsp; 685000 | &nbsp;&nbsp; 652877 |
| Sempra (Multi-Utilities) | 3.700% | 04/01/2029 | &nbsp;&nbsp; 590000 | &nbsp;&nbsp; 576278 |
| TerraForm Power Operating LLC (Ind. Power & Renewable Elec.)<br> (a) | 5.000% | 01/31/2028 | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 74173 |
| TerraForm Power Operating LLC (Ind. Power & Renewable Elec.)<br> (a) | 4.750% | 01/15/2030 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 23945 |
| Vistra Operations Co. LLC (Ind. Power & Renewable Elec.)<br> (a) | 7.750% | 10/15/2031 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 26187 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Core Plus Bond Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Corporate Bonds (Continued)** | **Rate** | **Maturity** | **Face Amount** | **Value** |
| **Utilities (continued)** |  |  |  |  |
| VoltaGrid LLC (Electric Utilities)<br> (a) | 7.375% | 11/01/2030 | &nbsp;&nbsp; $25000 | &nbsp;&nbsp; $25820 |
| WBI Operating LLC (Water Utilities)<br> (a) | 6.250% | 10/15/2030 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 25149 |
| WEC Energy Group, Inc. (Multi-Utilities) | 2.200% | 12/15/2028 | &nbsp;&nbsp; 190000 | &nbsp;&nbsp; 179427 |
| Xcel Energy, Inc. (Rate is fixed until 12/03/2031, then H15T5Y + 217) (Electric Utilities)<br> (c) | 5.750% | 12/03/2056 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 976178 |
| XPLR Infrastructure Operating Partners LP (Electric Utilities)<br> (a) | 7.250% | 01/15/2029 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 51458 |
| XPLR Infrastructure Operating Partners LP (Electric Utilities)<br> (a) | 8.625% | 03/15/2033 | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 26411 |
|  |  |  |  | &nbsp;&nbsp; 17219739 |
| **Total Corporate Bonds (Cost $187,543,308)** |  |  |  | &nbsp;&nbsp; $179507165 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **U.S. Treasury Obligations–21.6%** | **Rate** | **Maturity**  | **Face Amount** | **Value** |
| U.S. Treasury Bond | 1.375% | 11/15/2040 | &nbsp;&nbsp; $525000 | &nbsp;&nbsp; $338174 |
| U.S. Treasury Bond | 1.875% | 02/15/2041 | &nbsp;&nbsp; 180000 | &nbsp;&nbsp; 124699 |
| U.S. Treasury Bond | 2.000% | 02/15/2050 | &nbsp;&nbsp; 3750000 | &nbsp;&nbsp; 2183203 |
| U.S. Treasury Bond | 1.875% | 02/15/2051 | &nbsp;&nbsp; 3940000 | &nbsp;&nbsp; 2187777 |
| U.S. Treasury Bond | 4.000% | 11/15/2052 | &nbsp;&nbsp; 2800000 | &nbsp;&nbsp; 2405703 |
| U.S. Treasury Bond | 4.250% | 08/15/2054 | &nbsp;&nbsp; 17900000 | &nbsp;&nbsp; 16031688 |
| U.S. Treasury Note | 2.625% | 05/31/2027 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1479668 |
| U.S. Treasury Note | 3.750% | 06/30/2027 | &nbsp;&nbsp; 825000 | &nbsp;&nbsp; 824355 |
| U.S. Treasury Note | 1.250% | 03/31/2028 | &nbsp;&nbsp; 575000 | &nbsp;&nbsp; 546834 |
| U.S. Treasury Note | 4.125% | 07/31/2028 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 2013750 |
| U.S. Treasury Note | 4.000% | 01/31/2029 | &nbsp;&nbsp; 2800000 | &nbsp;&nbsp; 2812688 |
| U.S. Treasury Note | 2.375% | 03/31/2029 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 479551 |
| U.S. Treasury Note | 3.875% | 11/30/2029 | &nbsp;&nbsp; 1600000 | &nbsp;&nbsp; 1599625 |
| U.S. Treasury Note | 4.000% | 02/28/2030 | &nbsp;&nbsp; 7000000 | &nbsp;&nbsp; 7026523 |
| U.S. Treasury Note | 4.375% | 11/30/2030 | &nbsp;&nbsp; 2200000 | &nbsp;&nbsp; 2239789 |
| U.S. Treasury Note | 3.750% | 08/31/2031 | &nbsp;&nbsp; 5750000 | &nbsp;&nbsp; 5678574 |
| U.S. Treasury Note | 4.125% | 03/31/2032 | &nbsp;&nbsp; 36000000 | &nbsp;&nbsp; 36126562 |
| U.S. Treasury Note | 4.000% | 07/31/2032 | &nbsp;&nbsp; 3900000 | &nbsp;&nbsp; 3880348 |
| U.S. Treasury Note | 3.750% | 10/31/2032 | &nbsp;&nbsp; 6200000 | &nbsp;&nbsp; 6070914 |
| U.S. Treasury Note | 4.250% | 11/15/2034 | &nbsp;&nbsp; 4100000 | &nbsp;&nbsp; 4098879 |
| U.S. Treasury Note | 4.625% | 02/15/2035 | &nbsp;&nbsp; 4000000 | &nbsp;&nbsp; 4104063 |
| U.S. Treasury Note | 4.000% | 11/15/2035 | &nbsp;&nbsp; 4500000 | &nbsp;&nbsp; 4389609 |
| **Total U.S. Treasury Obligations (Cost $113,017,752)** |  |  |  | &nbsp;&nbsp; $106642976 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset-Backed / Mortgage-Backed Securities–20.4%** | **Rate** | **Maturity** | **Face Amount** | **Value** |
| **Financials–20.4%** |  |  |  |  |
| AB BSL CLO 7 Ltd. 2025-7A A1 <br> (a) | TSFR3M + 123 | 01/15/2039 | &nbsp;&nbsp; $7500000 | &nbsp;&nbsp; $7491257 |
| AB BSL CLO 7 Ltd. 2025-7A B <br> (a) | TSFR3M + 160 | 01/15/2039 | &nbsp;&nbsp; 2500000 | &nbsp;&nbsp; 2491776 |
| ARES Loan Funding I Ltd. 2021-ALFA AR <br> (a) | TSFR3M + 117 | 04/15/2039 | &nbsp;&nbsp; 7500000 | &nbsp;&nbsp; 7479608 |
| ARES Loan Funding I Ltd. 2021-ALFA BR <br> (a) | TSFR3M + 150 | 04/15/2039 | &nbsp;&nbsp; 2500000 | &nbsp;&nbsp; 2495361 |
| BANK 2022-BNK40 A4  | 3.389% | 03/15/2064 | &nbsp;&nbsp; 660000 | &nbsp;&nbsp; 612504 |
| BBCMS Mortgage Trust 2024-5C27 A2  | 5.550% | 07/15/2057 | &nbsp;&nbsp; 1372031 | &nbsp;&nbsp; 1401491 |
| Benchmark 2020-B19 A5  | 1.850% | 09/15/2053 | &nbsp;&nbsp; 1150000 | &nbsp;&nbsp; 1022734 |
| Benchmark 2021-B26 A2  | 1.957% | 06/15/2054 | &nbsp;&nbsp; 263351 | &nbsp;&nbsp; 260170 |
| Diameter Capital CLO 4 Ltd. 2022-4A ARR <br> (a) | TSFR3M + 123 | 01/15/2039 | &nbsp;&nbsp; 7500000 | &nbsp;&nbsp; 7487250 |
| Diameter Capital CLO 4 Ltd. 2022-4A BRR <br> (a) | TSFR3M + 155 | 01/15/2039 | &nbsp;&nbsp; 2500000 | &nbsp;&nbsp; 2489997 |
| Freddie Mac Multifamily Structured Pass Through Certificates K108 A2  | 1.517% | 03/25/2030 | &nbsp;&nbsp; 400000 | &nbsp;&nbsp; 363060 |
| Freddie Mac Multifamily Structured Pass Through Certificates K109 A2  | 1.558% | 04/25/2030 | &nbsp;&nbsp; 400000 | &nbsp;&nbsp; 362135 |
| GS Mortgage-Backed Securities Trust 2022-PJ3 A4 <br> (a) | 2.500% | 08/25/2052 | &nbsp;&nbsp; 1516782 | &nbsp;&nbsp; 1255126 |
| Home Partners of America 2022-1 B <br> (a) | 4.330% | 04/17/2039 | &nbsp;&nbsp; 724547 | &nbsp;&nbsp; 719153 |
| J.P. Morgan Mortgage Trust 2022-1 A2 <br> (a) | 3.000% | 07/25/2052 | &nbsp;&nbsp; 1130126 | &nbsp;&nbsp; 983438 |
| J.P. Morgan Mortgage Trust 2022-2 A3 <br> (a) | 2.500% | 08/25/2052 | &nbsp;&nbsp; 1502277 | &nbsp;&nbsp; 1244175 |
| J.P. Morgan Mortgage Trust 2022-3 A3 <br> (a) | 2.500% | 08/25/2052 | &nbsp;&nbsp; 1514875 | &nbsp;&nbsp; 1261192 |
| Madison Park Funding LXI Ltd. 2023-61A AR <br> (a) | TSFR3M + 122 | 01/20/2039 | &nbsp;&nbsp; 7500000 | &nbsp;&nbsp; 7480099 |
| Madison Park Funding LXI Ltd. 2023-61A BR <br> (a) | TSFR3M + 160 | 01/20/2039 | &nbsp;&nbsp; 2500000 | &nbsp;&nbsp; 2492047 |
| MidOcean Credit CLO XIII Ltd. 2023-13A AR1 <br> (a) | TSFR3M + 120 | 01/21/2039 | &nbsp;&nbsp; 7500000 | &nbsp;&nbsp; 7491910 |
| MidOcean Credit CLO XIII Ltd. 2023-13A BR <br> (a) | TSFR3M + 150 | 01/21/2039 | &nbsp;&nbsp; 2500000 | &nbsp;&nbsp; 2490321 |
| MMAF Equipment Finance LLC 2020-A5 <br> (a) | 1.560% | 10/09/2042 | &nbsp;&nbsp; 750000 | &nbsp;&nbsp; 727013 |
| Navient Private Education Refi Loan Trust 2020-FA A <br> (a) | 1.220% | 07/15/2069 | &nbsp;&nbsp; 65803 | &nbsp;&nbsp; 62158 |
| Palmer Square CLO 2023-3A AR <br> (a) | TSFR3M + 122 | 01/20/2039 | &nbsp;&nbsp; 7500000 | &nbsp;&nbsp; 7491855 |
| Palmer Square CLO 2023-3A BR <br> (a) | TSFR3M + 155 | 01/20/2039 | &nbsp;&nbsp; 2500000 | &nbsp;&nbsp; 2490343 |
| Pikes Peak Clo 2026-22A A1 <br> (a) | TSFR3M + 119 | 04/20/2039 | &nbsp;&nbsp; 7500000 | &nbsp;&nbsp; 7499670 |
| Pikes Peak Clo 2026-22A B <br> (a) | TSFR3M + 150 | 04/20/2039 | &nbsp;&nbsp; 2500000 | &nbsp;&nbsp; 2499665 |
| Progress Residential 2022-SFR4 B <br> (a) | 4.788% | 05/17/2041 | &nbsp;&nbsp; 800000 | &nbsp;&nbsp; 790481 |
| Regatta XVI Funding Ltd. 2019-2A A1R2 <br> (a) | TSFR3M + 119 | 04/15/2039 | &nbsp;&nbsp; 7500000 | &nbsp;&nbsp; 7479750 |
| Regatta XVI Funding Ltd. 2019-2A BR2 <br> (a) | TSFR3M + 145 | 04/15/2039 | &nbsp;&nbsp; 2500000 | &nbsp;&nbsp; 2492635 |
| Sixth Street CLO XVI Ltd. 2020-16A A1R2 <br> (a) | TSFR3M + 117 | 01/21/2039 | &nbsp;&nbsp; 7500000 | &nbsp;&nbsp; 7480257 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Core Plus Bond Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset-Backed / Mortgage-Backed Securities (Continued)** | **Rate** | **Maturity** | **Face Amount** | **Value** |
| **Financials (continued)** |  |  |  |  |
| Sixth Street CLO XVI Ltd. 2020-16A BR2 <br> (a) | TSFR3M + 145 | 01/21/2039 | &nbsp;&nbsp; $2500000 | &nbsp;&nbsp; $2488711 |
| SMB Private Education Loan Trust 2020-B A1A <br> (a) | 1.290% | 07/15/2053 | &nbsp;&nbsp; 159418 | &nbsp;&nbsp; 152322 |
| **Total Asset-Backed / Mortgage-Backed Securities (Cost $102,213,542)** |  |  |  | &nbsp;&nbsp; $101029664 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **U.S. Government Agency Mortgage-Backed Securities–20.4%** | **Rate** | **Maturity**  | **Face Amount** | **Value** |
| Fannie Mae Pool FN BM4333 | 3.500% | 12/01/2047 | &nbsp;&nbsp; $742598 | &nbsp;&nbsp; $691055 |
| Fannie Mae Pool FN BN6715 | 4.000% | 06/01/2049 | &nbsp;&nbsp; 2039864 | &nbsp;&nbsp; 1952727 |
| Fannie Mae Pool FN BP2797 | 2.500% | 05/01/2050 | &nbsp;&nbsp; 1095018 | &nbsp;&nbsp; 931289 |
| Fannie Mae Pool FN BP6700 | 2.500% | 09/01/2050 | &nbsp;&nbsp; 3047238 | &nbsp;&nbsp; 2618375 |
| Fannie Mae Pool FN BP8188 | 2.000% | 09/01/2050 | &nbsp;&nbsp; 4750103 | &nbsp;&nbsp; 3885457 |
| Fannie Mae Pool FN BR1844 | 2.500% | 01/01/2051 | &nbsp;&nbsp; 869676 | &nbsp;&nbsp; 747654 |
| Fannie Mae Pool FN BW7264 | 5.500% | 11/01/2052 | &nbsp;&nbsp; 967602 | &nbsp;&nbsp; 976030 |
| Fannie Mae Pool FN BW7449 | 5.000% | 11/01/2052 | &nbsp;&nbsp; 827410 | &nbsp;&nbsp; 819815 |
| Fannie Mae Pool FN BX5678 | 5.500% | 01/01/2053 | &nbsp;&nbsp; 1434898 | &nbsp;&nbsp; 1446304 |
| Fannie Mae Pool FN CA4819 | 4.000% | 12/01/2049 | &nbsp;&nbsp; 724005 | &nbsp;&nbsp; 692327 |
| Fannie Mae Pool FN CA5348 | 3.500% | 03/01/2050 | &nbsp;&nbsp; 1082324 | &nbsp;&nbsp; 1002673 |
| Fannie Mae Pool FN CA5706 | 2.500% | 05/01/2050 | &nbsp;&nbsp; 1470857 | &nbsp;&nbsp; 1256922 |
| Fannie Mae Pool FN CA6998 | 3.000% | 09/01/2050 | &nbsp;&nbsp; 2207497 | &nbsp;&nbsp; 1956870 |
| Fannie Mae Pool FN CA8118 | 2.000% | 12/01/2050 | &nbsp;&nbsp; 1420107 | &nbsp;&nbsp; 1156000 |
| Fannie Mae Pool FN CB3335 | 4.500% | 04/01/2052 | &nbsp;&nbsp; 2686487 | &nbsp;&nbsp; 2635767 |
| Fannie Mae Pool FN CB9426 | 4.500% | 11/01/2054 | &nbsp;&nbsp; 1907486 | &nbsp;&nbsp; 1846178 |
| Fannie Mae Pool FN FA0970 | 6.000% | 03/01/2055 | &nbsp;&nbsp; 2395280 | &nbsp;&nbsp; 2442861 |
| Fannie Mae Pool FN FA1974 | 6.500% | 06/01/2055 | &nbsp;&nbsp; 1520096 | &nbsp;&nbsp; 1584049 |
| Fannie Mae Pool FN FM3734 | 3.500% | 09/01/2049 | &nbsp;&nbsp; 815420 | &nbsp;&nbsp; 765709 |
| Fannie Mae Pool FN FM3919 | 4.000% | 05/01/2049 | &nbsp;&nbsp; 562765 | &nbsp;&nbsp; 536723 |
| Fannie Mae Pool FN FM4122 | 2.000% | 08/01/2050 | &nbsp;&nbsp; 4703710 | &nbsp;&nbsp; 3869045 |
| Fannie Mae Pool FN FM4532 | 3.000% | 09/01/2050 | &nbsp;&nbsp; 2301160 | &nbsp;&nbsp; 2046340 |
| Fannie Mae Pool FN FM6708 | 2.500% | 01/01/2051 | &nbsp;&nbsp; 2382503 | &nbsp;&nbsp; 2048213 |
| Fannie Mae Pool FN FM7706 | 3.500% | 08/01/2050 | &nbsp;&nbsp; 2334373 | &nbsp;&nbsp; 2166535 |
| Fannie Mae Pool FN FM8745 | 2.500% | 09/01/2051 | &nbsp;&nbsp; 2434882 | &nbsp;&nbsp; 2050828 |
| Fannie Mae Pool FN FS2037 | 1.500% | 05/01/2037 | &nbsp;&nbsp; 3154299 | &nbsp;&nbsp; 2836493 |
| Fannie Mae Pool FN MA4138 | 1.500% | 09/01/2050 | &nbsp;&nbsp; 3358478 | &nbsp;&nbsp; 2596048 |
| Fannie Mae Pool FN MA4255 | 2.000% | 02/01/2051 | &nbsp;&nbsp; 1330235 | &nbsp;&nbsp; 1082008 |
| Fannie Mae Pool FN MA4536 | 2.000% | 02/01/2037 | &nbsp;&nbsp; 1775638 | &nbsp;&nbsp; 1634644 |
| Fannie Mae Pool FN MA4593 | 4.000% | 03/01/2052 | &nbsp;&nbsp; 540455 | &nbsp;&nbsp; 512028 |
| Fannie Mae Pool FN MA5389 | 6.000% | 06/01/2054 | &nbsp;&nbsp; 949778 | &nbsp;&nbsp; 969207 |
| Fannie Mae Pool FN MA5498 | 6.000% | 10/01/2054 | &nbsp;&nbsp; 1033722 | &nbsp;&nbsp; 1054173 |
| Freddie Mac Pool FR QF1237 | 5.000% | 10/01/2052 | &nbsp;&nbsp; 2104589 | &nbsp;&nbsp; 2085655 |
| Freddie Mac Pool FR QF1648 | 5.000% | 10/01/2052 | &nbsp;&nbsp; 614284 | &nbsp;&nbsp; 610958 |
| Freddie Mac Pool FR QJ3044 | 5.500% | 09/01/2054 | &nbsp;&nbsp; 1513194 | &nbsp;&nbsp; 1521944 |
| Freddie Mac Pool FR RA3575 | 2.000% | 09/01/2050 | &nbsp;&nbsp; 4597382 | &nbsp;&nbsp; 3760696 |
| Freddie Mac Pool FR RA7279 | 3.500% | 05/01/2052 | &nbsp;&nbsp; 1151627 | &nbsp;&nbsp; 1064173 |
| Freddie Mac Pool FR SB8148 | 2.000% | 04/01/2037 | &nbsp;&nbsp; 1566243 | &nbsp;&nbsp; 1440953 |
| Freddie Mac Pool FR SB8149 | 2.500% | 04/01/2037 | &nbsp;&nbsp; 1521647 | &nbsp;&nbsp; 1438558 |
| Freddie Mac Pool FR SD0625 | 2.500% | 05/01/2051 | &nbsp;&nbsp; 1662407 | &nbsp;&nbsp; 1417647 |
| Freddie Mac Pool FR SD5958 | 6.500% | 08/01/2054 | &nbsp;&nbsp; 1243141 | &nbsp;&nbsp; 1288178 |
| Freddie Mac Pool FR SD7505 | 4.500% | 08/01/2049 | &nbsp;&nbsp; 523767 | &nbsp;&nbsp; 514785 |
| Freddie Mac Pool FR SD8148 | 3.000% | 05/01/2051 | &nbsp;&nbsp; 1118600 | &nbsp;&nbsp; 988474 |
| Freddie Mac Pool FR SD8214 | 3.500% | 05/01/2052 | &nbsp;&nbsp; 494073 | &nbsp;&nbsp; 453490 |
| Freddie Mac Pool FR SD8218 | 2.000% | 06/01/2052 | &nbsp;&nbsp; 1238939 | &nbsp;&nbsp; 1001802 |
| Freddie Mac Pool FR SD8220 | 3.000% | 06/01/2052 | &nbsp;&nbsp; 1195502 | &nbsp;&nbsp; 1052442 |
| Freddie Mac Pool FR SD8342 | 5.500% | 07/01/2053 | &nbsp;&nbsp; 1887787 | &nbsp;&nbsp; 1903309 |
| Freddie Mac Pool FR SD8368 | 6.000% | 10/01/2053 | &nbsp;&nbsp; 1253121 | &nbsp;&nbsp; 1283314 |
| Freddie Mac Pool FR SD8469 | 5.500% | 10/01/2054 | &nbsp;&nbsp; 835115 | &nbsp;&nbsp; 839455 |
| Freddie Mac Pool FR SD8491 | 5.000% | 12/01/2054 | &nbsp;&nbsp; 1571753 | &nbsp;&nbsp; 1551301 |
| Freddie Mac Pool FR ZT1257 | 3.000% | 01/01/2046 | &nbsp;&nbsp; 505375 | &nbsp;&nbsp; 464723 |
| Ginnie Mae II Pool G2 MA7589 | 2.500% | 09/20/2051 | &nbsp;&nbsp; 4795366 | &nbsp;&nbsp; 4129825 |
| Ginnie Mae II Pool G2 MA7706 | 3.000% | 11/20/2051 | &nbsp;&nbsp; 4434618 | &nbsp;&nbsp; 3961881 |
| Ginnie Mae II Pool G2 MA8041 | 2.000% | 05/20/2052 | &nbsp;&nbsp; 5050770 | &nbsp;&nbsp; 4174821 |
| Ginnie Mae II Pool G2 MA8044 | 3.500% | 05/20/2052 | &nbsp;&nbsp; 1457956 | &nbsp;&nbsp; 1348432 |
| Ginnie Mae II Pool G2 MA8800 | 5.000% | 04/20/2053 | &nbsp;&nbsp; 2429892 | &nbsp;&nbsp; 2416203 |
| Ginnie Mae II Pool G2 MA8945 | 4.000% | 06/20/2053 | &nbsp;&nbsp; 2835235 | &nbsp;&nbsp; 2679972 |
| Ginnie Mae II Pool G2 MA8946 | 4.500% | 06/20/2053 | &nbsp;&nbsp; 2084904 | &nbsp;&nbsp; 2023825 |
| Ginnie Mae II Pool G2 MA8948 | 5.500% | 06/20/2053 | &nbsp;&nbsp; 1047043 | &nbsp;&nbsp; 1062104 |
| Ginnie Mae II Pool G2 MA8949 | 6.000% | 06/20/2053 | &nbsp;&nbsp; 523709 | &nbsp;&nbsp; 535479 |
| Ginnie Mae II Pool G2 MA9906 | 5.500% | 09/20/2054 | &nbsp;&nbsp; 1119574 | &nbsp;&nbsp; 1131269 |
| **Total U.S. Government Agency Mortgage-Backed Securities (Cost $108,512,374)** |  |  |  | &nbsp;&nbsp; $100956015 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Core Plus Bond Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | | |
|:---|:---|:---|:---|
| **Preferred Securities–0.8%** | **Rate** | **Quantity** | **Value** |
| **Financials–0.8%** |  |  |  |
| Citigroup, Inc. (Rate is fixed until 05/15/2031, then H15T5Y + 275) (Banks)<br> (c) | 6.500% | &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; $2992722 |
| Wells Fargo & Co. (Rate is fixed until 06/15/2031, then H15T5Y + 234) (Banks)<br> (c) | 6.125% | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1003764 |
| **Total Preferred Securities (Cost $4,000,000)** |  |  | &nbsp;&nbsp; $3996486 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Sovereign Debt Issues–0.3%** | **Rate** | **Maturity** | **Face** <br> **Amount**<br>| **Value** |
| Mexico Government International Bond  | 3.750% | 01/11/2028 | &nbsp;&nbsp; $625000 | &nbsp;&nbsp; $615700 |
| Mexico Government International Bond  | 5.625% | 09/22/2035 | &nbsp;&nbsp; 400000 | &nbsp;&nbsp; 387000 |
| Mexico Government International Bond  | 4.500% | 01/31/2050 | &nbsp;&nbsp; 525000 | &nbsp;&nbsp; 385298 |
| **Total Sovereign Debt Issues (Cost $1,593,371)** |  |  |  | &nbsp;&nbsp; $1387998 |

---

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

---

| | | |
|:---|:---|:---|
| **Common Stocks–0.0%** | **Shares** | **Value** |
| **Communication Services–0.0%** |  |  |
| Audacy, Inc. (Media)<br> (d)(e) | &nbsp;&nbsp; 113 | &nbsp;&nbsp; $3098 |
| **Total Common Stocks (Cost $77,815)** |  | &nbsp;&nbsp; $3098 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Warrants–0.0%** | **Expiration** | **Strike Price** | **Quantity** | **Value** |
| **Communication Services–0.0%** |  |  |  |  |
| Audacy, Inc. Second Lien Warrants (Media)<br> (d)(e) | 09/30/2028 | &nbsp;&nbsp; $77.10 | &nbsp;&nbsp; 23 | &nbsp;&nbsp; $— |
| Audacy, Inc. Second Lien Warrants (with Black-Scholes protections) (Media)<br> (d)(e) | 09/30/2028 | 77.10 | &nbsp;&nbsp; 137 | &nbsp;&nbsp; — |
| **Total Warrants (Cost $47)** |  |  |  | &nbsp;&nbsp; $— |
| **Total Investments – 99.8% (Cost $516,958,209)**<br> (f) |  |  |  | &nbsp;&nbsp; $493523402 |
| **Other Assets in Excess of Liabilities – 0.2%**<br> (g) |  |  |  | &nbsp;&nbsp; 1152714 |
| **Net Assets – 100.0%** |  |  |  | &nbsp;&nbsp; $494676116 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

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

---

| | |
|:---|:---|
| Abbreviations: | Abbreviations: |
| &nbsp;&nbsp;&nbsp;&nbsp; CLO: | Collateralized Loan Obligation |
| &nbsp;&nbsp;&nbsp;&nbsp; H15T1Y: | U.S. Treasury Yield Curve Rate T-Note Constant Maturity 1 Year, 3.680% at 3/31/2026 |
| &nbsp;&nbsp;&nbsp;&nbsp; H15T5Y: | U.S. Treasury Yield Curve Rate T-Note Constant Maturity 5 Year, 3.920% at 3/31/2026 |
| &nbsp;&nbsp;&nbsp;&nbsp; PIK: | Payment-in-Kind |
| &nbsp;&nbsp;&nbsp;&nbsp; QL: | Quarterly U.S. LIBOR Rate. This rate is linked to U.S. LIBOR, which is no longer published. An alternate reference rate will be determined by the issuer <br> prior to the date the security becomes a variable rate instrument.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; REITs: | Real Estate Investment Trusts |
| &nbsp;&nbsp;&nbsp;&nbsp; SOFR: | Secured Overnight Financing Rate, 3.680% at 3/31/2026 |
| &nbsp;&nbsp;&nbsp;&nbsp; SOFRINDX: | Secured Overnight Financing Rate ("SOFR") Compounded Index, 1.238% at 3/31/2026  |
| &nbsp;&nbsp;&nbsp;&nbsp; TSFR3M: | Quarterly CME Term Secured Overnight Financing Rate ("SOFR"), 3.682% at 3/31/2026 |

---

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

---

| | |
|:---|:---|
| Footnotes: | Footnotes: |
| &nbsp;&nbsp;&nbsp;&nbsp; (a) | Security exempt from registration under Regulation D of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, <br> normally to qualified buyers under Rule 144A. At March 31, 2026, the value of these securities totaled $137,769,431, or 27.9% of the Portfolio's net assets.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (b) | Issuer of the security has the option to make coupon payments in cash or in additional par value of this bond (Payment-in-Kind). |
| &nbsp;&nbsp;&nbsp;&nbsp; (c) | Security is a fixed-then-variable rate instrument in which the coupon or dividend rate is fixed until a later specified date, then is adjusted periodically. Rates <br> stated, including interest rate caps and floors, if any, are those in effect at March 31, 2026.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (d) | Level 3 security in accordance with the fair value hierarchy, value determined using significant unobservable inputs. |
| &nbsp;&nbsp;&nbsp;&nbsp; (e) | Non-income producing security. |
| &nbsp;&nbsp;&nbsp;&nbsp; (f) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 4 of the Notes to Schedules of <br> Investments.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (g) | Includes $1,377,496 of cash pledged as collateral for the futures contracts outstanding at March 31, 2026. See also the following Schedule of Open Futures <br> Contracts.<br>|

---

The accompanying notes are an integral part of these financial statements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Core Plus Bond Portfolio (Continued)**

**Schedule of Open Futures Contracts**

**March 31, 2026 (Unaudited)** 

**Long Futures Contracts** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **contracts**<br>| **Expiration Date** | **Notional**<br> **Amount**<br>| **Value** | **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Variation Margin** <br> **Receivable** <br> **(Payable)**<br>|
| CBT 10-Year U.S. Ultra Bond - Long | 185 | June 18, 2026 | &nbsp;&nbsp; $21384911 | &nbsp;&nbsp; $21000391 | &nbsp;&nbsp; $(384520)<br>| &nbsp;&nbsp; $54923 |
| CBT U.S. Long Bond - Long | 143 | June 18, 2026 | &nbsp;&nbsp; 16819532 | &nbsp;&nbsp; 16284125 | &nbsp;&nbsp; (535407)<br>| &nbsp;&nbsp; 53625 |
| CBT U.S. Ultra Bond - Long | 23 | June 18, 2026 | &nbsp;&nbsp; 2771007 | &nbsp;&nbsp; 2680938 | &nbsp;&nbsp; (90069)<br>| &nbsp;&nbsp; 5031 |
| CBT 5-Year U.S. Treasury Note - Long | 277 | June 30, 2026 | &nbsp;&nbsp; 30239347 | &nbsp;&nbsp; 29965774 | &nbsp;&nbsp; (273573)<br>| &nbsp;&nbsp; 38953 |
|  |  |  | &nbsp;&nbsp; $71214797 | &nbsp;&nbsp; $69931228 | &nbsp;&nbsp; $(1283569)<br>| &nbsp;&nbsp; $152532 |

---

**Short Futures Contracts** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **contracts**<br>| **Expiration Date** | **Notional**<br> **Amount**<br>| **Value** | **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Variation Margin** <br> **Receivable** <br> **(Payable)**<br>|
| CBT 10-Year U.S. Treasury Note - Short | 175 | June 18, 2026 | &nbsp;&nbsp; $(19814337)<br>| &nbsp;&nbsp; $(19433203)<br>| &nbsp;&nbsp; $381134 | &nbsp;&nbsp; $(41016)<br>|
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$51400460** | &nbsp;&nbsp; **$50498025** | &nbsp;&nbsp; **$(902435)**<br>| &nbsp;&nbsp; **$111516** |

---

The accompanying notes are an integral part of these financial statements. <br>

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Intech U.S. Low Volatility Portfolio**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

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

---

| | | |
|:---|:---|:---|
| **Common Stocks–99.6%** | **Shares** | **Value** |
| **Communication Services–11.4%** |  |  |
| &nbsp;&nbsp;&nbsp; Alphabet, Inc. Class A (Interactive Media & <br> Svs.)<br>| &nbsp;&nbsp; 42646 | &nbsp;&nbsp; $12263284 |
| &nbsp;&nbsp;&nbsp; Alphabet, Inc. Class C (Interactive Media & <br> Svs.)<br>| &nbsp;&nbsp; 33488 | &nbsp;&nbsp; 9606368 |
| AT&T, Inc. (Diversified Telecom. Svs.) | &nbsp;&nbsp; 204999 | &nbsp;&nbsp; 5942921 |
| Electronic Arts, Inc. (Entertainment) | &nbsp;&nbsp; 15031 | &nbsp;&nbsp; 3064370 |
| Fox Corp. Class A (Media) | &nbsp;&nbsp; 7689 | &nbsp;&nbsp; 449038 |
| Fox Corp. Class B (Media) | &nbsp;&nbsp; 27123 | &nbsp;&nbsp; 1440231 |
| &nbsp;&nbsp;&nbsp; Meta Platforms, Inc. Class A (Interactive <br> Media & Svs.)<br>| &nbsp;&nbsp; 14273 | &nbsp;&nbsp; 8166011 |
| Netflix, Inc. (Entertainment)<br> (a) | &nbsp;&nbsp; 31310 | &nbsp;&nbsp; 3010456 |
| &nbsp;&nbsp;&nbsp; Take-Two Interactive Software, Inc. <br> (Entertainment)<br>(a) | &nbsp;&nbsp; 11751 | &nbsp;&nbsp; 2320822 |
| TKO Group Holdings, Inc. (Entertainment) | &nbsp;&nbsp; 7564 | &nbsp;&nbsp; 1525281 |
| T-Mobile U.S., Inc. (Wireless Telecom. Svs.) | &nbsp;&nbsp; 23395 | &nbsp;&nbsp; 4913652 |
| &nbsp;&nbsp;&nbsp; Verizon Communications, Inc. (Diversified <br> Telecom. Svs.)<br>| &nbsp;&nbsp; 107857 | &nbsp;&nbsp; 5414421 |
| Walt Disney Co. / The (Entertainment) | &nbsp;&nbsp; 10705 | &nbsp;&nbsp; 1031748 |
|  |  | &nbsp;&nbsp; 59148603 |
| **Consumer Discretionary–8.6%** |  |  |
| Amazon.com, Inc. (Broadline Retail)<br> (a) | &nbsp;&nbsp; 62675 | &nbsp;&nbsp; 13053322 |
| Aptiv PLC (Automobile Components)<br> (a) | &nbsp;&nbsp; 7894 | &nbsp;&nbsp; 548159 |
| &nbsp;&nbsp;&nbsp; Booking Holdings, Inc. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 706 | &nbsp;&nbsp; 2972486 |
| &nbsp;&nbsp;&nbsp; Domino's Pizza, Inc. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 2660 | &nbsp;&nbsp; 954381 |
| &nbsp;&nbsp;&nbsp; DoorDash, Inc. Class A (Hotels, Restaurants & <br> Leisure)<br>(a) | &nbsp;&nbsp; 12534 | &nbsp;&nbsp; 1881980 |
| General Motors Co. (Automobiles) | &nbsp;&nbsp; 35812 | &nbsp;&nbsp; 2667994 |
| Genuine Parts Co. (Distributors) | &nbsp;&nbsp; 13244 | &nbsp;&nbsp; 1400553 |
| Hasbro, Inc. (Leisure Products) | &nbsp;&nbsp; 8916 | &nbsp;&nbsp; 834538 |
| &nbsp;&nbsp;&nbsp; Las Vegas Sands Corp. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 27613 | &nbsp;&nbsp; 1487788 |
| &nbsp;&nbsp;&nbsp; McDonald's Corp. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 7854 | &nbsp;&nbsp; 2440945 |
| NVR, Inc. (Household Durables)<br> (a) | &nbsp;&nbsp; 294 | &nbsp;&nbsp; 1937410 |
| O'Reilly Automotive, Inc. (Specialty Retail)<br> (a) | &nbsp;&nbsp; 29832 | &nbsp;&nbsp; 2753792 |
| &nbsp;&nbsp;&nbsp; Ralph Lauren Corp. (Textiles, Apparel & Luxury <br> Goods)<br>| &nbsp;&nbsp; 2496 | &nbsp;&nbsp; 858599 |
| Ross Stores, Inc. (Specialty Retail) | &nbsp;&nbsp; 9637 | &nbsp;&nbsp; 2087663 |
| Tesla, Inc. (Automobiles)<br> (a) | &nbsp;&nbsp; 14717 | &nbsp;&nbsp; 5471045 |
| TJX Cos., Inc. / The (Specialty Retail) | &nbsp;&nbsp; 14478 | &nbsp;&nbsp; 2312137 |
| &nbsp;&nbsp;&nbsp; Yum! Brands, Inc. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 6408 | &nbsp;&nbsp; 996316 |
|  |  | &nbsp;&nbsp; 44659108 |
| **Consumer Staples–10.3%** |  |  |
| Altria Group, Inc. (Tobacco) | &nbsp;&nbsp; 86022 | &nbsp;&nbsp; 5676592 |
| Bunge Global SA (Food Products) | &nbsp;&nbsp; 13205 | &nbsp;&nbsp; 1679676 |
| &nbsp;&nbsp;&nbsp; Church & Dwight Co., Inc. <br> (Household Products)<br>| &nbsp;&nbsp; 24964 | &nbsp;&nbsp; 2329640 |
| Coca-Cola Co. / The (Beverages) | &nbsp;&nbsp; 66104 | &nbsp;&nbsp; 5027209 |
| Colgate-Palmolive Co. (Household Products) | &nbsp;&nbsp; 49197 | &nbsp;&nbsp; 4193060 |
| &nbsp;&nbsp;&nbsp; Dollar General Corp. (Consumer Staples <br> Distribution & Retail)<br>| &nbsp;&nbsp; 38713 | &nbsp;&nbsp; 4596395 |
| &nbsp;&nbsp;&nbsp; Dollar Tree, Inc. (Consumer Staples <br> Distribution & Retail)<br>(a) | &nbsp;&nbsp; 6281 | &nbsp;&nbsp; 687832 |
| General Mills, Inc. (Food Products) | &nbsp;&nbsp; 1409 | &nbsp;&nbsp; 52443 |
| Hershey Co. / The (Food Products) | &nbsp;&nbsp; 12336 | &nbsp;&nbsp; 2564531 |
| Keurig Dr Pepper, Inc. (Beverages) | &nbsp;&nbsp; 19499 | &nbsp;&nbsp; 513409 |
| &nbsp;&nbsp;&nbsp; Kroger Co. / The (Consumer Staples <br> Distribution & Retail)<br>| &nbsp;&nbsp; 79801 | &nbsp;&nbsp; 5774400 |
| &nbsp;&nbsp;&nbsp; Mondelez International, Inc. Class A <br> (Food Products)<br>| &nbsp;&nbsp; 6061 | &nbsp;&nbsp; 349356 |
| Monster Beverage Corp. (Beverages)<br> (a) | &nbsp;&nbsp; 36145 | &nbsp;&nbsp; 2619067 |
| PepsiCo, Inc. (Beverages) | &nbsp;&nbsp; 22446 | &nbsp;&nbsp; 3485639 |
| Philip Morris International, Inc. (Tobacco) | &nbsp;&nbsp; 29991 | &nbsp;&nbsp; 4958712 |
| &nbsp;&nbsp;&nbsp; Procter & Gamble Co. / The <br> (Household Products)<br>| &nbsp;&nbsp; 14560 | &nbsp;&nbsp; 2103046 |
| &nbsp;&nbsp;&nbsp; Sysco Corp. (Consumer Staples Distribution & <br> Retail)<br>| &nbsp;&nbsp; 35948 | &nbsp;&nbsp; 2564171 |
| Tyson Foods, Inc. Class A (Food Products) | &nbsp;&nbsp; 13770 | &nbsp;&nbsp; 882244 |
| &nbsp;&nbsp;&nbsp; Walmart, Inc. (Consumer Staples Distribution & <br> Retail)<br>| &nbsp;&nbsp; 25367 | &nbsp;&nbsp; 3152611 |
|  |  | &nbsp;&nbsp; 53210033 |
| **Energy–2.2%** |  |  |
| &nbsp;&nbsp;&nbsp; Coterra Energy, Inc. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 33164 | &nbsp;&nbsp; 1165383 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Energy (continued)** |  |  |
| &nbsp;&nbsp;&nbsp; EOG Resources, Inc. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 18266 | &nbsp;&nbsp; $2640716 |
| &nbsp;&nbsp;&nbsp; Expand Energy Corp. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 11309 | &nbsp;&nbsp; 1241502 |
| &nbsp;&nbsp;&nbsp; Exxon Mobil Corp. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 13913 | &nbsp;&nbsp; 2360480 |
| &nbsp;&nbsp;&nbsp; Kinder Morgan, Inc. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 18912 | &nbsp;&nbsp; 634119 |
| &nbsp;&nbsp;&nbsp; Marathon Petroleum Corp. (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 2849 | &nbsp;&nbsp; 695669 |
| &nbsp;&nbsp;&nbsp; Williams Cos., Inc. / The (Oil, Gas & <br> Consumable Fuels)<br>| &nbsp;&nbsp; 33402 | &nbsp;&nbsp; 2430997 |
|  |  | &nbsp;&nbsp; 11168866 |
| **Financials–7.5%** |  |  |
| Allstate Corp. / The (Insurance) | &nbsp;&nbsp; 13769 | &nbsp;&nbsp; 2854865 |
| American International Group, Inc. (Insurance) | &nbsp;&nbsp; 27185 | &nbsp;&nbsp; 2045671 |
| Aon PLC Class A (Insurance) | &nbsp;&nbsp; 10171 | &nbsp;&nbsp; 3282995 |
| &nbsp;&nbsp;&nbsp; Berkshire Hathaway, Inc. Class B <br> (Financial Services)<br>(a) | &nbsp;&nbsp; 6609 | &nbsp;&nbsp; 3167033 |
| CBOE Global Markets, Inc. (Capital Markets) | &nbsp;&nbsp; 9098 | &nbsp;&nbsp; 2557175 |
| Chubb Ltd. (Insurance) | &nbsp;&nbsp; 12913 | &nbsp;&nbsp; 4208734 |
| CME Group, Inc. (Capital Markets) | &nbsp;&nbsp; 9669 | &nbsp;&nbsp; 2855739 |
| &nbsp;&nbsp;&nbsp; Hartford Insurance Group, Inc. / The <br> (Insurance)<br>| &nbsp;&nbsp; 6034 | &nbsp;&nbsp; 815978 |
| &nbsp;&nbsp;&nbsp; Jack Henry & Associates, Inc. <br> (Financial Services)<br>| &nbsp;&nbsp; 7164 | &nbsp;&nbsp; 1132199 |
| JPMorgan Chase & Co. (Banks) | &nbsp;&nbsp; 8555 | &nbsp;&nbsp; 2516539 |
| Loews Corp. (Insurance) | &nbsp;&nbsp; 17009 | &nbsp;&nbsp; 1815541 |
| Progressive Corp. / The (Insurance) | &nbsp;&nbsp; 10809 | &nbsp;&nbsp; 2142776 |
| Travelers Cos., Inc. / The (Insurance) | &nbsp;&nbsp; 16709 | &nbsp;&nbsp; 4873681 |
| W. R. Berkley Corp. (Insurance) | &nbsp;&nbsp; 22126 | &nbsp;&nbsp; 1466511 |
| Willis Towers Watson PLC (Insurance) | &nbsp;&nbsp; 10186 | &nbsp;&nbsp; 2961070 |
|  |  | &nbsp;&nbsp; 38696507 |
| **Health Care–12.5%** |  |  |
| &nbsp;&nbsp;&nbsp; Abbott Laboratories (Health Care Equip. & <br> Supplies)<br>| &nbsp;&nbsp; 44953 | &nbsp;&nbsp; 4615325 |
| &nbsp;&nbsp;&nbsp; Boston Scientific Corp. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 21107 | &nbsp;&nbsp; 1324464 |
| Bristol-Myers Squibb Co. (Pharmaceuticals) | &nbsp;&nbsp; 37813 | &nbsp;&nbsp; 2293358 |
| &nbsp;&nbsp;&nbsp; Cardinal Health, Inc. (Health Care Providers & <br> Svs.)<br>| &nbsp;&nbsp; 21364 | &nbsp;&nbsp; 4514427 |
| Cencora, Inc. (Health Care Providers & Svs.) | &nbsp;&nbsp; 17619 | &nbsp;&nbsp; 5534833 |
| &nbsp;&nbsp;&nbsp; CVS Health Corp. (Health Care Providers & <br> Svs.)<br>| &nbsp;&nbsp; 12784 | &nbsp;&nbsp; 918147 |
| &nbsp;&nbsp;&nbsp; Edwards Lifesciences Corp. (Health Care <br> Equip. & Supplies)<br>(a) | &nbsp;&nbsp; 30185 | &nbsp;&nbsp; 2417215 |
| &nbsp;&nbsp;&nbsp; Elevance Health, Inc. (Health Care Providers & <br> Svs.)<br>| &nbsp;&nbsp; 5939 | &nbsp;&nbsp; 1738642 |
| Eli Lilly & Co. (Pharmaceuticals) | &nbsp;&nbsp; 3775 | &nbsp;&nbsp; 3472132 |
| Gilead Sciences, Inc. (Biotechnology) | &nbsp;&nbsp; 34704 | &nbsp;&nbsp; 4836696 |
| &nbsp;&nbsp;&nbsp; HCA Healthcare, Inc. (Health Care Providers & <br> Svs.)<br>| &nbsp;&nbsp; 9953 | &nbsp;&nbsp; 4710158 |
| Hologic, Inc. (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 20491 | &nbsp;&nbsp; 1548915 |
| Incyte Corp. (Biotechnology)<br> (a) | &nbsp;&nbsp; 29254 | &nbsp;&nbsp; 2753386 |
| Insulet Corp. (Health Care Equip. & Supplies)<br> (a) | &nbsp;&nbsp; 5678 | &nbsp;&nbsp; 1191472 |
| &nbsp;&nbsp;&nbsp; Intuitive Surgical, Inc. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 2726 | &nbsp;&nbsp; 1256659 |
| Johnson & Johnson (Pharmaceuticals) | &nbsp;&nbsp; 10953 | &nbsp;&nbsp; 2677351 |
| &nbsp;&nbsp;&nbsp; McKesson Corp. (Health Care Providers & <br> Svs.)<br>| &nbsp;&nbsp; 5890 | &nbsp;&nbsp; 5096970 |
| Medtronic PLC (Health Care Equip. & Supplies) | &nbsp;&nbsp; 7084 | &nbsp;&nbsp; 613829 |
| Merck & Co., Inc. (Pharmaceuticals) | &nbsp;&nbsp; 6841 | &nbsp;&nbsp; 822904 |
| &nbsp;&nbsp;&nbsp; Quest Diagnostics, Inc. (Health Care Providers <br> & Svs.)<br>| &nbsp;&nbsp; 9596 | &nbsp;&nbsp; 1880624 |
| &nbsp;&nbsp;&nbsp; Regeneron Pharmaceuticals, Inc. <br> (Biotechnology)<br>| &nbsp;&nbsp; 855 | &nbsp;&nbsp; 660607 |
| ResMed, Inc. (Health Care Equip. & Supplies) | &nbsp;&nbsp; 2327 | &nbsp;&nbsp; 522365 |
| STERIS PLC (Health Care Equip. & Supplies) | &nbsp;&nbsp; 3642 | &nbsp;&nbsp; 805355 |
| &nbsp;&nbsp;&nbsp; UnitedHealth Group, Inc. (Health Care <br> Providers & Svs.)<br>| &nbsp;&nbsp; 14856 | &nbsp;&nbsp; 4019885 |
| &nbsp;&nbsp;&nbsp; Universal Health Services, Inc. Class B (Health <br> Care Providers & Svs.)<br>| &nbsp;&nbsp; 4754 | &nbsp;&nbsp; 850823 |
| Vertex Pharmaceuticals, Inc. (Biotechnology)<br> (a) | &nbsp;&nbsp; 5722 | &nbsp;&nbsp; 2555102 |
| Zoetis, Inc. (Pharmaceuticals) | &nbsp;&nbsp; 7173 | &nbsp;&nbsp; 847920 |
|  |  | &nbsp;&nbsp; 64479564 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Intech U.S. Low Volatility Portfolio (Continued)**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Industrials–6.6%** |  |  |
| 3M Co. (Industrial Conglomerates) | &nbsp;&nbsp; 10455 | &nbsp;&nbsp; $1518380 |
| &nbsp;&nbsp;&nbsp; C.H. Robinson Worldwide, Inc. (Air Freight & <br> Logistics)<br>| &nbsp;&nbsp; 3701 | &nbsp;&nbsp; 614625 |
| &nbsp;&nbsp;&nbsp; EMCOR Group, Inc. (Construction & <br> Engineering)<br>| &nbsp;&nbsp; 841 | &nbsp;&nbsp; 620919 |
| FedEx Corp. (Air Freight & Logistics) | &nbsp;&nbsp; 5786 | &nbsp;&nbsp; 2060858 |
| GE Vernova, Inc. (Electrical Equip.) | &nbsp;&nbsp; 2396 | &nbsp;&nbsp; 2091468 |
| &nbsp;&nbsp;&nbsp; General Dynamics Corp. (Aerospace & <br> Defense)<br>| &nbsp;&nbsp; 6371 | &nbsp;&nbsp; 2186655 |
| &nbsp;&nbsp;&nbsp; Howmet Aerospace, Inc. (Aerospace & <br> Defense)<br>| &nbsp;&nbsp; 6312 | &nbsp;&nbsp; 1454664 |
| &nbsp;&nbsp;&nbsp; L3Harris Technologies, Inc. (Aerospace & <br> Defense)<br>| &nbsp;&nbsp; 7989 | &nbsp;&nbsp; 2757403 |
| Leidos Holdings, Inc. (Professional Svs.) | &nbsp;&nbsp; 3331 | &nbsp;&nbsp; 518037 |
| &nbsp;&nbsp;&nbsp; Lockheed Martin Corp. (Aerospace & <br> Defense)<br>| &nbsp;&nbsp; 8195 | &nbsp;&nbsp; 4952976 |
| Masco Corp. (Building Products) | &nbsp;&nbsp; 11366 | &nbsp;&nbsp; 686165 |
| &nbsp;&nbsp;&nbsp; Northrop Grumman Corp. (Aerospace & <br> Defense)<br>| &nbsp;&nbsp; 7707 | &nbsp;&nbsp; 5258024 |
| &nbsp;&nbsp;&nbsp; Republic Services, Inc. (Commercial Svs. & <br> Supplies)<br>| &nbsp;&nbsp; 8786 | &nbsp;&nbsp; 1924310 |
| Rollins, Inc. (Commercial Svs. & Supplies) | &nbsp;&nbsp; 29806 | &nbsp;&nbsp; 1591938 |
| RTX Corp. (Aerospace & Defense) | &nbsp;&nbsp; 10977 | &nbsp;&nbsp; 2117463 |
| &nbsp;&nbsp;&nbsp; United Parcel Service, Inc. Class B (Air Freight <br> & Logistics)<br>| &nbsp;&nbsp; 7911 | &nbsp;&nbsp; 778284 |
| Veralto Corp. (Commercial Svs. & Supplies) | &nbsp;&nbsp; 21061 | &nbsp;&nbsp; 1862214 |
| &nbsp;&nbsp;&nbsp; Waste Management, Inc. (Commercial Svs. & <br> Supplies)<br>| &nbsp;&nbsp; 5118 | &nbsp;&nbsp; 1176065 |
|  |  | &nbsp;&nbsp; 34170448 |
| **Information Technology–27.6%** |  |  |
| Adobe, Inc. (Software)<br> (a) | &nbsp;&nbsp; 12510 | &nbsp;&nbsp; 3040931 |
| Akamai Technologies, Inc. (IT Svs.)<br> (a) | &nbsp;&nbsp; 12914 | &nbsp;&nbsp; 1483173 |
| &nbsp;&nbsp;&nbsp; Amphenol Corp. Class A (Electronic Equip., <br> Instr. & Comp.)<br>| &nbsp;&nbsp; 7637 | &nbsp;&nbsp; 964935 |
| &nbsp;&nbsp;&nbsp; Apple, Inc. (Tech. Hardware, Storage & <br> Periph.)<br>| &nbsp;&nbsp; 115726 | &nbsp;&nbsp; 29370101 |
| &nbsp;&nbsp;&nbsp; Applied Materials, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 115 | &nbsp;&nbsp; 39306 |
| Autodesk, Inc. (Software)<br> (a) | &nbsp;&nbsp; 4214 | &nbsp;&nbsp; 1008832 |
| Broadcom, Inc. (Semiconductors & Equip.) | &nbsp;&nbsp; 29967 | &nbsp;&nbsp; 9275086 |
| Cisco Systems, Inc. (Communications Equip.) | &nbsp;&nbsp; 66612 | &nbsp;&nbsp; 5168425 |
| Corning, Inc. (Electronic Equip., Instr. & Comp.) | &nbsp;&nbsp; 5764 | &nbsp;&nbsp; 783731 |
| Fortinet, Inc. (Software)<br> (a) | &nbsp;&nbsp; 23316 | &nbsp;&nbsp; 1905383 |
| Gen Digital, Inc. (Software) | &nbsp;&nbsp; 46475 | &nbsp;&nbsp; 875124 |
| GoDaddy, Inc. Class A (IT Svs.)<br> (a) | &nbsp;&nbsp; 13390 | &nbsp;&nbsp; 1106951 |
| &nbsp;&nbsp;&nbsp; International Business Machines Corp. <br> (IT Svs.)<br>| &nbsp;&nbsp; 13887 | &nbsp;&nbsp; 3366070 |
| Intuit, Inc. (Software) | &nbsp;&nbsp; 3826 | &nbsp;&nbsp; 1654286 |
| &nbsp;&nbsp;&nbsp; Keysight Technologies, Inc. (Electronic Equip., <br> Instr. & Comp.)<br>(a) | &nbsp;&nbsp; 7181 | &nbsp;&nbsp; 2027699 |
| &nbsp;&nbsp;&nbsp; Lam Research Corp. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 1537 | &nbsp;&nbsp; 328395 |
| &nbsp;&nbsp;&nbsp; Micron Technology, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 7726 | &nbsp;&nbsp; 2610152 |
| Microsoft Corp. (Software) | &nbsp;&nbsp; 61175 | &nbsp;&nbsp; 22645150 |
| &nbsp;&nbsp;&nbsp; Motorola Solutions, Inc. <br> (Communications Equip.)<br>| &nbsp;&nbsp; 9424 | &nbsp;&nbsp; 4089733 |
| &nbsp;&nbsp;&nbsp; NetApp, Inc. (Tech. Hardware, Storage & <br> Periph.)<br>| &nbsp;&nbsp; 6635 | &nbsp;&nbsp; 679358 |
| NVIDIA Corp. (Semiconductors & Equip.) | &nbsp;&nbsp; 207929 | &nbsp;&nbsp; 36262818 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Information Technology (continued)** |  |  |
| Oracle Corp. (Software) | &nbsp;&nbsp; 17629 | &nbsp;&nbsp; $2593402 |
| Palantir Technologies, Inc. Class A (Software)<br> (a) | &nbsp;&nbsp; 32693 | &nbsp;&nbsp; 4782332 |
| Palo Alto Networks, Inc. (Software)<br> (a) | &nbsp;&nbsp; 4580 | &nbsp;&nbsp; 734266 |
| Roper Technologies, Inc. (Software) | &nbsp;&nbsp; 981 | &nbsp;&nbsp; 347137 |
| Salesforce, Inc. (Software) | &nbsp;&nbsp; 6364 | &nbsp;&nbsp; 1187968 |
| &nbsp;&nbsp;&nbsp; Seagate Technology Holdings PLC (Tech. <br> Hardware, Storage & Periph.)<br>| &nbsp;&nbsp; 2192 | &nbsp;&nbsp; 858738 |
| ServiceNow, Inc. (Software)<br> (a) | &nbsp;&nbsp; 469 | &nbsp;&nbsp; 49034 |
| &nbsp;&nbsp;&nbsp; TE Connectivity PLC (Electronic Equip., Instr. & <br> Comp.)<br>| &nbsp;&nbsp; 2671 | &nbsp;&nbsp; 558292 |
| &nbsp;&nbsp;&nbsp; Teledyne Technologies, Inc. (Electronic Equip., <br> Instr. & Comp.)<br>(a) | &nbsp;&nbsp; 274 | &nbsp;&nbsp; 165773 |
| Tyler Technologies, Inc. (Software)<br> (a) | &nbsp;&nbsp; 1121 | &nbsp;&nbsp; 383808 |
| VeriSign, Inc. (IT Svs.) | &nbsp;&nbsp; 8222 | &nbsp;&nbsp; 2042016 |
|  |  | &nbsp;&nbsp; 142388405 |
| **Materials–1.4%** |  |  |
| CF Industries Holdings, Inc. (Chemicals) | &nbsp;&nbsp; 19985 | &nbsp;&nbsp; 2594853 |
| Corteva, Inc. (Chemicals) | &nbsp;&nbsp; 4086 | &nbsp;&nbsp; 342039 |
| Newmont Corp. (Metals & Mining) | &nbsp;&nbsp; 41289 | &nbsp;&nbsp; 4469534 |
|  |  | &nbsp;&nbsp; 7406426 |
| **Real Estate–3.9%** |  |  |
| American Tower Corp. (Specialized REITs) | &nbsp;&nbsp; 14564 | &nbsp;&nbsp; 2513455 |
| &nbsp;&nbsp;&nbsp; CBRE Group, Inc. Class A (Real Estate Mgmt. & <br> Development)<br>(a) | &nbsp;&nbsp; 17346 | &nbsp;&nbsp; 2349689 |
| &nbsp;&nbsp;&nbsp; Host Hotels & Resorts, Inc. (Hotel & Resort <br> REITs)<br>| &nbsp;&nbsp; 31208 | &nbsp;&nbsp; 597945 |
| Invitation Homes, Inc. (Residential REITs) | &nbsp;&nbsp; 7369 | &nbsp;&nbsp; 183120 |
| Realty Income Corp. (Retail REITs) | &nbsp;&nbsp; 14153 | &nbsp;&nbsp; 865881 |
| Regency Centers Corp. (Retail REITs) | &nbsp;&nbsp; 502 | &nbsp;&nbsp; 37981 |
| &nbsp;&nbsp;&nbsp; SBA Communications Corp. <br> (Specialized REITs)<br>| &nbsp;&nbsp; 8588 | &nbsp;&nbsp; 1478081 |
| Ventas, Inc. (Health Care REITs) | &nbsp;&nbsp; 60785 | &nbsp;&nbsp; 4970997 |
| VICI Properties, Inc. (Specialized REITs) | &nbsp;&nbsp; 88232 | &nbsp;&nbsp; 2410498 |
| Welltower, Inc. (Health Care REITs) | &nbsp;&nbsp; 23802 | &nbsp;&nbsp; 4705894 |
|  |  | &nbsp;&nbsp; 20113541 |
| **Utilities–7.6%** |  |  |
| Ameren Corp. (Multi-Utilities) | &nbsp;&nbsp; 7836 | &nbsp;&nbsp; 861333 |
| &nbsp;&nbsp;&nbsp; American Electric Power Co., Inc. <br> (Electric Utilities)<br>| &nbsp;&nbsp; 38479 | &nbsp;&nbsp; 5043827 |
| &nbsp;&nbsp;&nbsp; American Water Works Co., Inc. <br> (Water Utilities)<br>| &nbsp;&nbsp; 5889 | &nbsp;&nbsp; 801434 |
| Atmos Energy Corp. (Gas Utilities) | &nbsp;&nbsp; 17963 | &nbsp;&nbsp; 3318125 |
| CenterPoint Energy, Inc. (Multi-Utilities) | &nbsp;&nbsp; 31742 | &nbsp;&nbsp; 1369985 |
| Consolidated Edison, Inc. (Multi-Utilities) | &nbsp;&nbsp; 53439 | &nbsp;&nbsp; 6048226 |
| Duke Energy Corp. (Electric Utilities) | &nbsp;&nbsp; 43138 | &nbsp;&nbsp; 5648490 |
| Evergy, Inc. (Electric Utilities) | &nbsp;&nbsp; 1115 | &nbsp;&nbsp; 91341 |
| Exelon Corp. (Electric Utilities) | &nbsp;&nbsp; 56337 | &nbsp;&nbsp; 2761640 |
| FirstEnergy Corp. (Electric Utilities) | &nbsp;&nbsp; 46863 | &nbsp;&nbsp; 2374080 |
| NiSource, Inc. (Multi-Utilities) | &nbsp;&nbsp; 11802 | &nbsp;&nbsp; 550681 |
| PG&E Corp. (Electric Utilities) | &nbsp;&nbsp; 149167 | &nbsp;&nbsp; 2620864 |
| Southern Co. / The (Electric Utilities) | &nbsp;&nbsp; 47449 | &nbsp;&nbsp; 4579777 |
| Vistra Corp. (Ind. Power & Renewable Elec.) | &nbsp;&nbsp; 14687 | &nbsp;&nbsp; 2207897 |
| WEC Energy Group, Inc. (Multi-Utilities) | &nbsp;&nbsp; 7156 | &nbsp;&nbsp; 828450 |
|  |  | &nbsp;&nbsp; 39106150 |
| **Total Common Stocks (Cost $476,998,938)** |  | &nbsp;&nbsp; $514547651 |
| **Total Investments – 99.6% (Cost $476,998,938)**<br> (b) |  | &nbsp;&nbsp; $514547651 |
| **Other Assets in Excess of Liabilities – 0.4%** |  | &nbsp;&nbsp; 2210982 |
| **Net Assets – 100.0%** | **Net Assets – 100.0%** | &nbsp;&nbsp; $516758633 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

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

Abbreviations: <br> REITs: Real Estate Investment Trusts

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

Footnotes: <br> (a) Non-income producing security. <br> (b) Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 4 of the Notes to Schedules of Investments.

The accompanying notes are an integral part of these financial statements. <br>

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP AB Relative Value Portfolio**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

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

---

| | | |
|:---|:---|:---|
| **Common Stocks–99.0%** | **Shares** | **Value** |
| **Communication Services–7.1%** |  |  |
| &nbsp;&nbsp;&nbsp; Alphabet, Inc. Class C (Interactive Media & <br> Svs.)<br>| &nbsp;&nbsp; 11254 | &nbsp;&nbsp; $3228322 |
| AT&T, Inc. (Diversified Telecom. Svs.) | &nbsp;&nbsp; 59651 | &nbsp;&nbsp; 1729283 |
| &nbsp;&nbsp;&nbsp; Meta Platforms, Inc. Class A (Interactive <br> Media & Svs.)<br>| &nbsp;&nbsp; 3420 | &nbsp;&nbsp; 1956685 |
| Walt Disney Co. / The (Entertainment) | &nbsp;&nbsp; 17972 | &nbsp;&nbsp; 1732141 |
|  |  | &nbsp;&nbsp; 8646431 |
| **Consumer Discretionary–8.0%** |  |  |
| BorgWarner, Inc. (Automobile Components) | &nbsp;&nbsp; 10850 | &nbsp;&nbsp; 588721 |
| Dick's Sporting Goods, Inc. (Specialty Retail) | &nbsp;&nbsp; 8023 | &nbsp;&nbsp; 1590881 |
| Genuine Parts Co. (Distributors) | &nbsp;&nbsp; 5686 | &nbsp;&nbsp; 601294 |
| Lowe's Cos., Inc. (Specialty Retail) | &nbsp;&nbsp; 11292 | &nbsp;&nbsp; 2668074 |
| Pool Corp. (Distributors) | &nbsp;&nbsp; 5696 | &nbsp;&nbsp; 1152472 |
| Ross Stores, Inc. (Specialty Retail) | &nbsp;&nbsp; 7337 | &nbsp;&nbsp; 1589414 |
| &nbsp;&nbsp;&nbsp; Yum! Brands, Inc. (Hotels, Restaurants & <br> Leisure)<br>| &nbsp;&nbsp; 10542 | &nbsp;&nbsp; 1639070 |
|  |  | &nbsp;&nbsp; 9829926 |
| **Consumer Staples–8.3%** |  |  |
| &nbsp;&nbsp;&nbsp; Casey's General Stores, Inc. (Consumer <br> Staples Distribution & Retail)<br>| &nbsp;&nbsp; 1717 | &nbsp;&nbsp; 1249736 |
| Philip Morris International, Inc. (Tobacco) | &nbsp;&nbsp; 22183 | &nbsp;&nbsp; 3667737 |
| &nbsp;&nbsp;&nbsp; Target Corp. (Consumer Staples Distribution & <br> Retail)<br>| &nbsp;&nbsp; 9186 | &nbsp;&nbsp; 1113343 |
| &nbsp;&nbsp;&nbsp; U.S. Foods Holding Corp. (Consumer Staples <br> Distribution & Retail)<br>(a) | &nbsp;&nbsp; 10605 | &nbsp;&nbsp; 977887 |
| &nbsp;&nbsp;&nbsp; Walmart, Inc. (Consumer Staples Distribution & <br> Retail)<br>| &nbsp;&nbsp; 25152 | &nbsp;&nbsp; 3125891 |
|  |  | &nbsp;&nbsp; 10134594 |
| **Energy–8.8%** |  |  |
| APA Corp. (Oil, Gas & Consumable Fuels) | &nbsp;&nbsp; 27365 | &nbsp;&nbsp; 1161371 |
| Cactus, Inc. Class A (Energy Equip. & Svs.) | &nbsp;&nbsp; 15399 | &nbsp;&nbsp; 729451 |
| Chevron Corp. (Oil, Gas & Consumable Fuels) | &nbsp;&nbsp; 15319 | &nbsp;&nbsp; 3169501 |
| ConocoPhillips (Oil, Gas & Consumable Fuels) | &nbsp;&nbsp; 13423 | &nbsp;&nbsp; 1771836 |
| &nbsp;&nbsp;&nbsp; EOG Resources, Inc. (Oil, Gas & Consumable <br> Fuels)<br>| &nbsp;&nbsp; 16157 | &nbsp;&nbsp; 2335817 |
| Phillips 66 (Oil, Gas & Consumable Fuels) | &nbsp;&nbsp; 3530 | &nbsp;&nbsp; 643095 |
| SLB Ltd. (Energy Equip. & Svs.) | &nbsp;&nbsp; 19212 | &nbsp;&nbsp; 987305 |
|  |  | &nbsp;&nbsp; 10798376 |
| **Financials–16.7%** |  |  |
| Axis Capital Holdings Ltd. (Insurance) | &nbsp;&nbsp; 11791 | &nbsp;&nbsp; 1195725 |
| &nbsp;&nbsp;&nbsp; Berkshire Hathaway, Inc. Class B <br> (Financial Services)<br>(a) | &nbsp;&nbsp; 10030 | &nbsp;&nbsp; 4806376 |
| Citigroup, Inc. (Banks) | &nbsp;&nbsp; 15035 | &nbsp;&nbsp; 1705120 |
| East West Bancorp, Inc. (Banks) | &nbsp;&nbsp; 8782 | &nbsp;&nbsp; 937566 |
| &nbsp;&nbsp;&nbsp; Jack Henry & Associates, Inc. <br> (Financial Services)<br>| &nbsp;&nbsp; 8901 | &nbsp;&nbsp; 1406714 |
| JPMorgan Chase & Co. (Banks) | &nbsp;&nbsp; 14413 | &nbsp;&nbsp; 4239728 |
| Mastercard, Inc. Class A (Financial Services) | &nbsp;&nbsp; 3489 | &nbsp;&nbsp; 1743314 |
| Progressive Corp. / The (Insurance) | &nbsp;&nbsp; 5696 | &nbsp;&nbsp; 1129175 |
| &nbsp;&nbsp;&nbsp; Raymond James Financial, Inc. <br> (Capital Markets)<br>| &nbsp;&nbsp; 6790 | &nbsp;&nbsp; 983124 |
| S&P Global, Inc. (Capital Markets) | &nbsp;&nbsp; 1277 | &nbsp;&nbsp; 543159 |
| Wells Fargo & Co. (Banks) | &nbsp;&nbsp; 21263 | &nbsp;&nbsp; 1692748 |
|  |  | &nbsp;&nbsp; 20382749 |
| **Health Care–19.1%** |  |  |
| &nbsp;&nbsp;&nbsp; Agilent Technologies, Inc. (Life Sciences Tools <br> & Svs.)<br>| &nbsp;&nbsp; 16158 | &nbsp;&nbsp; 1841689 |
| &nbsp;&nbsp;&nbsp; Align Technology, Inc. (Health Care Equip. & <br> Supplies)<br>(a) | &nbsp;&nbsp; 4842 | &nbsp;&nbsp; 830064 |
| Cencora, Inc. (Health Care Providers & Svs.) | &nbsp;&nbsp; 2923 | &nbsp;&nbsp; 918231 |
| &nbsp;&nbsp;&nbsp; Charles River Laboratories International, Inc. <br> (Life Sciences Tools & Svs.)<br>(a) | &nbsp;&nbsp; 8680 | &nbsp;&nbsp; 1497300 |
| &nbsp;&nbsp;&nbsp; GE HealthCare Technologies, Inc. (Health Care <br> Equip. & Supplies)<br>| &nbsp;&nbsp; 18137 | &nbsp;&nbsp; 1290992 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (Continued)** | **Shares** | **Value** |
| **Health Care (continued)** |  |  |
| Gilead Sciences, Inc. (Biotechnology) | &nbsp;&nbsp; 13229 | &nbsp;&nbsp; $1843726 |
| &nbsp;&nbsp;&nbsp; HCA Healthcare, Inc. (Health Care Providers & <br> Svs.)<br>| &nbsp;&nbsp; 2228 | &nbsp;&nbsp; 1054379 |
| Johnson & Johnson (Pharmaceuticals) | &nbsp;&nbsp; 21988 | &nbsp;&nbsp; 5374747 |
| &nbsp;&nbsp;&nbsp; Quest Diagnostics, Inc. (Health Care Providers <br> & Svs.)<br>| &nbsp;&nbsp; 9280 | &nbsp;&nbsp; 1818694 |
| &nbsp;&nbsp;&nbsp; Regeneron Pharmaceuticals, Inc. <br> (Biotechnology)<br>| &nbsp;&nbsp; 2920 | &nbsp;&nbsp; 2256109 |
| ResMed, Inc. (Health Care Equip. & Supplies) | &nbsp;&nbsp; 5778 | &nbsp;&nbsp; 1297045 |
| United Therapeutics Corp. (Biotechnology)<br> (a) | &nbsp;&nbsp; 1888 | &nbsp;&nbsp; 1119546 |
| &nbsp;&nbsp;&nbsp; UnitedHealth Group, Inc. (Health Care <br> Providers & Svs.)<br>| &nbsp;&nbsp; 8334 | &nbsp;&nbsp; 2255097 |
|  |  | &nbsp;&nbsp; 23397619 |
| **Industrials–18.1%** |  |  |
| Allegion PLC (Building Products) | &nbsp;&nbsp; 5622 | &nbsp;&nbsp; 816820 |
| &nbsp;&nbsp;&nbsp; Allison Transmission Holdings, Inc. <br> (Machinery)<br>| &nbsp;&nbsp; 8014 | &nbsp;&nbsp; 938119 |
| CSX Corp. (Ground Transportation) | &nbsp;&nbsp; 32146 | &nbsp;&nbsp; 1319593 |
| Curtiss-Wright Corp. (Aerospace & Defense) | &nbsp;&nbsp; 1109 | &nbsp;&nbsp; 755362 |
| Generac Holdings, Inc. (Electrical Equip.)<br> (a) | &nbsp;&nbsp; 4332 | &nbsp;&nbsp; 846170 |
| ITT, Inc. (Machinery) | &nbsp;&nbsp; 7970 | &nbsp;&nbsp; 1518524 |
| &nbsp;&nbsp;&nbsp; J.B. Hunt Transport Services, Inc. <br> (Ground Transportation)<br>| &nbsp;&nbsp; 4804 | &nbsp;&nbsp; 1017968 |
| Landstar System, Inc. (Ground Transportation) | &nbsp;&nbsp; 10044 | &nbsp;&nbsp; 1610154 |
| &nbsp;&nbsp;&nbsp; MSC Industrial Direct Co., Inc. Class A (Trading <br> Companies & Distributors)<br>| &nbsp;&nbsp; 10290 | &nbsp;&nbsp; 949458 |
| nVent Electric PLC (Electrical Equip.) | &nbsp;&nbsp; 5353 | &nbsp;&nbsp; 633153 |
| Otis Worldwide Corp. (Machinery) | &nbsp;&nbsp; 9655 | &nbsp;&nbsp; 744207 |
| Owens Corning (Building Products) | &nbsp;&nbsp; 9920 | &nbsp;&nbsp; 1073542 |
| PACCAR, Inc. (Machinery) | &nbsp;&nbsp; 15571 | &nbsp;&nbsp; 1798451 |
| Paycom Software, Inc. (Professional Svs.) | &nbsp;&nbsp; 4793 | &nbsp;&nbsp; 582541 |
| RTX Corp. (Aerospace & Defense) | &nbsp;&nbsp; 23882 | &nbsp;&nbsp; 4606838 |
| Veralto Corp. (Commercial Svs. & Supplies) | &nbsp;&nbsp; 18627 | &nbsp;&nbsp; 1646999 |
| &nbsp;&nbsp;&nbsp; Westinghouse Air Brake Technologies Corp. <br> (Machinery)<br>| &nbsp;&nbsp; 5409 | &nbsp;&nbsp; 1351763 |
|  |  | &nbsp;&nbsp; 22209662 |
| **Information Technology–9.3%** |  |  |
| Cisco Systems, Inc. (Communications Equip.) | &nbsp;&nbsp; 38542 | &nbsp;&nbsp; 2990474 |
| Flex Ltd. (Electronic Equip., Instr. & Comp.)<br> (a) | &nbsp;&nbsp; 6947 | &nbsp;&nbsp; 454751 |
| &nbsp;&nbsp;&nbsp; NetApp, Inc. (Tech. Hardware, Storage & <br> Periph.)<br>| &nbsp;&nbsp; 11063 | &nbsp;&nbsp; 1132741 |
| Salesforce, Inc. (Software) | &nbsp;&nbsp; 3400 | &nbsp;&nbsp; 634678 |
| &nbsp;&nbsp;&nbsp; Taiwan Semiconductor Manufacturing Co. Ltd. <br> – ADR (Semiconductors & Equip.)<br>| &nbsp;&nbsp; 7152 | &nbsp;&nbsp; 2417018 |
| &nbsp;&nbsp;&nbsp; Texas Instruments, Inc. (Semiconductors & <br> Equip.)<br>| &nbsp;&nbsp; 13275 | &nbsp;&nbsp; 2577208 |
| &nbsp;&nbsp;&nbsp; Zebra Technologies Corp. Class A (Electronic <br> Equip., Instr. & Comp.)<br>(a) | &nbsp;&nbsp; 5457 | &nbsp;&nbsp; 1140949 |
|  |  | &nbsp;&nbsp; 11347819 |
| **Materials–1.8%** |  |  |
| CF Industries Holdings, Inc. (Chemicals) | &nbsp;&nbsp; 3966 | &nbsp;&nbsp; 514945 |
| Freeport-McMoRan, Inc. (Metals & Mining) | &nbsp;&nbsp; 6532 | &nbsp;&nbsp; 383951 |
| Steel Dynamics, Inc. (Metals & Mining) | &nbsp;&nbsp; 7409 | &nbsp;&nbsp; 1333620 |
|  |  | &nbsp;&nbsp; 2232516 |
| **Real Estate–1.8%** |  |  |
| &nbsp;&nbsp;&nbsp; Jones Lang LaSalle, Inc. (Real Estate Mgmt. & <br> Development)<br>(a) | &nbsp;&nbsp; 3913 | &nbsp;&nbsp; 1190804 |
| Public Storage (Specialized REITs) | &nbsp;&nbsp; 3596 | &nbsp;&nbsp; 974085 |
|  |  | &nbsp;&nbsp; 2164889 |
| **Total Common Stocks (Cost $101,956,780)** |  | &nbsp;&nbsp; $121144581 |
| **Total Investments – 99.0% (Cost $101,956,780)**<br> (b) |  | &nbsp;&nbsp; $121144581 |
| **Other Assets in Excess of Liabilities – 1.0%** |  | &nbsp;&nbsp; 1230129 |
| **Net Assets – 100.0%** | **Net Assets – 100.0%** | &nbsp;&nbsp; $122374710 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

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

Abbreviations: <br> ADR: American Depositary Receipts <br> REITs: Real Estate Investment Trusts

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

Footnotes: <br> (a) Non-income producing security. <br> (b) Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 4 of the Notes to Schedules of Investments.

The accompanying notes are an integral part of these financial statements. <br>

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Constellation Managed Risk Balanced Portfolio**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

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

---

| | | |
|:---|:---|:---|
| **Exchange Traded Funds–99.3%** | **Shares** | **Value** |
| Invesco QQQ Trust Series 1 ETF  | &nbsp;&nbsp; 32000 | &nbsp;&nbsp; $18469760 |
| iShares AAA CLO Active ETF  | &nbsp;&nbsp; 27000 | &nbsp;&nbsp; 1399545 |
| iShares Core MSCI EAFE ETF  | &nbsp;&nbsp; 217905 | &nbsp;&nbsp; 19726939 |
| iShares Core MSCI Emerging Markets ETF  | &nbsp;&nbsp; 105402 | &nbsp;&nbsp; 7351789 |
| iShares Core S&P 500 ETF  | &nbsp;&nbsp; 185678 | &nbsp;&nbsp; 121286726 |
| iShares Core S&P Mid-Cap ETF  | &nbsp;&nbsp; 205000 | &nbsp;&nbsp; 13843650 |
| iShares Core S&P Total U.S. Stock Market ETF  | &nbsp;&nbsp; 34000 | &nbsp;&nbsp; 4842620 |
| iShares Core U.S. Aggregate Bond ETF  | &nbsp;&nbsp; 1865199 | &nbsp;&nbsp; 185158305 |
| iShares iBoxx $ Investment Grade Corporate Bond ETF  | &nbsp;&nbsp; 249317 | &nbsp;&nbsp; 27173060 |
| iShares MSCI EAFE ETF  | &nbsp;&nbsp; 69613 | &nbsp;&nbsp; 6761511 |
| iShares Russell 1000 ETF  | &nbsp;&nbsp; 23153 | &nbsp;&nbsp; 8255434 |
| State Street SPDR Portfolio S&P 500 Value ETF  | &nbsp;&nbsp; 220000 | &nbsp;&nbsp; 12447600 |
| Vanguard S&P 500 ETF  | &nbsp;&nbsp; 38000 | &nbsp;&nbsp; 22706900 |
| Vanguard Total Stock Market ETF  | &nbsp;&nbsp; 55000 | &nbsp;&nbsp; 17644550 |
| **Total Exchange Traded Funds (Cost $400,946,291)** |  | &nbsp;&nbsp; $467068389 |
| **Total Investments – 99.3% (Cost $400,946,291)**<br> (a) |  | &nbsp;&nbsp; $467068389 |
| **Other Assets in Excess of Liabilities – 0.7%**<br> (b) |  | &nbsp;&nbsp; 3232088 |
| **Net Assets – 100.0%** | **Net Assets – 100.0%** | &nbsp;&nbsp; $470300477 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

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

Abbreviations: <br> CLO: Collateralized Loan Obligation <br> ETF: Exchange Traded Fund

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

---

| | |
|:---|:---|
| Footnotes: | Footnotes: |
| &nbsp;&nbsp;&nbsp;&nbsp; (a) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 4 of the Notes to Schedules of <br> Investments.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (b) | Includes $1,035,143 of cash pledged as collateral for the futures contracts outstanding at March 31, 2026. See also the following Schedule of Open Futures <br> Contracts.<br>|

---

The accompanying notes are an integral part of these financial statements.

**Schedule of Open Futures Contracts**

**March 31, 2026 (Unaudited)** 

**Long Futures Contracts** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **contracts**<br>| **Expiration Date** | **Notional**<br> **Amount**<br>| **Value** | **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Variation Margin** <br> **Receivable** <br> **(Payable)**<br>|
| CBT 10-Year U.S. Treasury Note - Long | 137 | June 18, 2026 | &nbsp;&nbsp; $15513362 | &nbsp;&nbsp; $15213422 | &nbsp;&nbsp; $(299940)<br>| &nbsp;&nbsp; $32109 |
| MSCI EAFE Index - Long | 18 | June 19, 2026 | &nbsp;&nbsp; 2658730 | &nbsp;&nbsp; 2610990 | &nbsp;&nbsp; (47740)<br>| &nbsp;&nbsp; 81990 |
| MSCI Emerging Markets Index - Long | 168 | June 19, 2026 | &nbsp;&nbsp; 12693613 | &nbsp;&nbsp; 12218640 | &nbsp;&nbsp; (474973)<br>| &nbsp;&nbsp; 441000 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$30865705** | &nbsp;&nbsp; **$30043052** | &nbsp;&nbsp; **$(822653)**<br>| &nbsp;&nbsp; **$555099** |

---

The accompanying notes are an integral part of these financial statements. <br>

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Constellation Managed Risk Moderate Growth Portfolio**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

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

---

| | | |
|:---|:---|:---|
| **Exchange Traded Funds–99.7%** | **Shares** | **Value** |
| Invesco QQQ Trust Series 1 ETF  | &nbsp;&nbsp; 46000 | &nbsp;&nbsp; $26550280 |
| iShares Core MSCI EAFE ETF  | &nbsp;&nbsp; 264694 | &nbsp;&nbsp; 23962748 |
| iShares Core MSCI Emerging Markets ETF  | &nbsp;&nbsp; 176946 | &nbsp;&nbsp; 12341983 |
| iShares Core S&P 500 ETF  | &nbsp;&nbsp; 499352 | &nbsp;&nbsp; 326181720 |
| iShares Core S&P Total U.S. Stock Market ETF  | &nbsp;&nbsp; 428000 | &nbsp;&nbsp; 60960040 |
| iShares Core U.S. Aggregate Bond ETF  | &nbsp;&nbsp; 3299067 | &nbsp;&nbsp; 327498381 |
| iShares MSCI EAFE ETF  | &nbsp;&nbsp; 24921 | &nbsp;&nbsp; 2420577 |
| iShares Russell 1000 ETF  | &nbsp;&nbsp; 46454 | &nbsp;&nbsp; 16563638 |
| State Street SPDR Portfolio S&P 500 Value ETF  | &nbsp;&nbsp; 257000 | &nbsp;&nbsp; 14541060 |
| Vanguard S&P 500 ETF  | &nbsp;&nbsp; 325800 | &nbsp;&nbsp; 194681790 |
| Vanguard S&P 500 Value ETF  | &nbsp;&nbsp; 7000 | &nbsp;&nbsp; 1426530 |
| Vanguard Total Bond Market ETF  | &nbsp;&nbsp; 1100000 | &nbsp;&nbsp; 81004000 |
| Vanguard Total Stock Market ETF  | &nbsp;&nbsp; 193923 | &nbsp;&nbsp; 62212438 |
| **Total Exchange Traded Funds (Cost $1,112,353,182)** |  | &nbsp;&nbsp; $1150345185 |
| **Total Investments – 99.7% (Cost $1,112,353,182)**<br> (a) |  | &nbsp;&nbsp; $1150345185 |
| **Other Assets in Excess of Liabilities – 0.3%**<br> (b) |  | &nbsp;&nbsp; 3251366 |
| **Net Assets – 100.0%** | **Net Assets – 100.0%** | &nbsp;&nbsp; $1153596551 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

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

Abbreviations: <br> ETF: Exchange Traded Fund

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

---

| | |
|:---|:---|
| Footnotes: | Footnotes: |
| &nbsp;&nbsp;&nbsp;&nbsp; (a) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 4 of the Notes to Schedules of <br> Investments.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (b) | Includes $1,954,603 of cash pledged as collateral for the futures contracts outstanding at March 31, 2026. See also the following Schedule of Open Futures <br> Contracts.<br>|

---

The accompanying notes are an integral part of these financial statements.

**Schedule of Open Futures Contracts**

**March 31, 2026 (Unaudited)** 

**Long Futures Contracts** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **contracts**<br>| **Expiration Date** | **Notional**<br> **Amount**<br>| **Value** | **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Variation Margin** <br> **Receivable** <br> **(Payable)**<br>|
| CME E-mini S&P 500 Index - Long | 55 | June 18, 2026 | &nbsp;&nbsp; $18578794 | &nbsp;&nbsp; $18069563 | &nbsp;&nbsp; $(509231)<br>| &nbsp;&nbsp; $501875 |
| MSCI EAFE Index - Long | 32 | June 19, 2026 | &nbsp;&nbsp; 4726631 | &nbsp;&nbsp; 4641760 | &nbsp;&nbsp; (84871)<br>| &nbsp;&nbsp; 145760 |
| MSCI Emerging Markets Index - Long | 73 | June 19, 2026 | &nbsp;&nbsp; 5515677 | &nbsp;&nbsp; 5309290 | &nbsp;&nbsp; (206387)<br>| &nbsp;&nbsp; 191625 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$28821102** | &nbsp;&nbsp; **$28020613** | &nbsp;&nbsp; **$(800489)**<br>| &nbsp;&nbsp; **$839260** |

---

The accompanying notes are an integral part of these financial statements. <br>

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Constellation Managed Risk Growth Portfolio**

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

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

---

| | | |
|:---|:---|:---|
| **Exchange Traded Funds–98.9%** | **Shares** | **Value** |
| Invesco QQQ Trust Series 1 ETF  | &nbsp;&nbsp; 51000 | &nbsp;&nbsp; $29436180 |
| iShares Core MSCI EAFE ETF  | &nbsp;&nbsp; 296899 | &nbsp;&nbsp; 26878266 |
| iShares Core MSCI Emerging Markets ETF  | &nbsp;&nbsp; 83134 | &nbsp;&nbsp; 5798597 |
| iShares Core S&P 500 ETF  | &nbsp;&nbsp; 224120 | &nbsp;&nbsp; 146397425 |
| iShares Core S&P Mid-Cap ETF  | &nbsp;&nbsp; 250000 | &nbsp;&nbsp; 16882500 |
| iShares Core S&P Total U.S. Stock Market ETF  | &nbsp;&nbsp; 69000 | &nbsp;&nbsp; 9827670 |
| iShares Core U.S. Aggregate Bond ETF  | &nbsp;&nbsp; 756640 | &nbsp;&nbsp; 75111653 |
| iShares MSCI EAFE ETF  | &nbsp;&nbsp; 93897 | &nbsp;&nbsp; 9120216 |
| iShares Russell 1000 ETF  | &nbsp;&nbsp; 31834 | &nbsp;&nbsp; 11350731 |
| State Street SPDR Portfolio S&P 500 Value ETF  | &nbsp;&nbsp; 235000 | &nbsp;&nbsp; 13296300 |
| Vanguard S&P 500 ETF  | &nbsp;&nbsp; 26000 | &nbsp;&nbsp; 15536300 |
| Vanguard S&P 500 Value ETF  | &nbsp;&nbsp; 7000 | &nbsp;&nbsp; 1426530 |
| Vanguard Total Stock Market ETF  | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 24060750 |
| **Total Exchange Traded Funds (Cost $288,898,452)** |  | &nbsp;&nbsp; $385123118 |
| **Total Investments – 98.9% (Cost $288,898,452)**<br> (a) |  | &nbsp;&nbsp; $385123118 |
| **Other Assets in Excess of Liabilities – 1.1%**<br> (b) |  | &nbsp;&nbsp; 4363185 |
| **Net Assets – 100.0%** | **Net Assets – 100.0%** | &nbsp;&nbsp; $389486303 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

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

Abbreviations: <br> ETF: Exchange Traded Fund

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

---

| | |
|:---|:---|
| Footnotes: | Footnotes: |
| &nbsp;&nbsp;&nbsp;&nbsp; (a) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 4 of the Notes to Schedules of <br> Investments.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; (b) | Includes $1,959,708 of cash pledged as collateral for the futures contracts outstanding at March 31, 2026. See also the following Schedule of Open Futures <br> Contracts.<br>|

---

The accompanying notes are an integral part of these financial statements.

**Schedule of Open Futures Contracts**

**March 31, 2026 (Unaudited)** 

**Long Futures Contracts** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **contracts**<br>| **Expiration Date** | **Notional**<br> **Amount**<br>| **Value** | **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Variation Margin** <br> **Receivable** <br> **(Payable)**<br>|
| CME E-mini S&P 500 Index - Long | 71 | June 18, 2026 | &nbsp;&nbsp; $23983534 | &nbsp;&nbsp; $23326163 | &nbsp;&nbsp; $(657371)<br>| &nbsp;&nbsp; $647875 |
| MSCI EAFE Index - Long | 4 | June 19, 2026 | &nbsp;&nbsp; 590829 | &nbsp;&nbsp; 580220 | &nbsp;&nbsp; (10609)<br>| &nbsp;&nbsp; 18220 |
| MSCI Emerging Markets Index - Long | 9 | June 19, 2026 | &nbsp;&nbsp; 680015 | &nbsp;&nbsp; 654570 | &nbsp;&nbsp; (25445)<br>| &nbsp;&nbsp; 23625 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$25254378** | &nbsp;&nbsp; **$24560953** | &nbsp;&nbsp; **$(693425)**<br>| &nbsp;&nbsp; **$689720** |

---

The accompanying notes are an integral part of these financial statements. <br>

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Moderately Conservative Model Portfolio**

**Schedule of Investments in Unaffiliated Issuers**

**March 31, 2026 (Unaudited)** 

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

---

| | | |
|:---|:---|:---|
| **Open-End Mutual Funds–34.1%** | **Shares** | **Value** |
| DFA Emerging Markets Portfolio Institutional | &nbsp;&nbsp; 40341 | &nbsp;&nbsp; $1550304 |
| DFA International Core Equity Portfolio Institutional | &nbsp;&nbsp; 223474 | &nbsp;&nbsp; 4652720 |
| PIMCO Low Duration Institutional | &nbsp;&nbsp; 2010933 | &nbsp;&nbsp; 18641345 |
| PIMCO Total Return Institutional | &nbsp;&nbsp; 3023454 | &nbsp;&nbsp; 26424987 |
| Vanguard International Growth Fund Admiral Class | &nbsp;&nbsp; 14316 | &nbsp;&nbsp; 1548173 |
| **Total Open-End Mutual Funds** |  | &nbsp;&nbsp; $52817529 |
| **Total Investments in Securities of Unaffiliated Issuers – 34.1% (Cost $52,528,922)** |  | &nbsp;&nbsp; $52817529 |
| **Total Investments in Affiliates – 66.0% (Cost $96,274,362) (see schedule below)** |  | &nbsp;&nbsp; 102179436 |
| **Liabilities in Excess of Other Assets – (0.1)%** |  | &nbsp;&nbsp; (93763)<br>|
| **Net Assets – 100.0%** | **Net Assets – 100.0%** | &nbsp;&nbsp; $154903202 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

The accompanying notes are an integral part of these financial statements.

**Schedule of Investments in Affiliates**

**March 31, 2026 (Unaudited)** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Affiliate** | **Value at**<br> **January 1, 2026**<br>| **Cost of**<br> **Purchases**<br>| **Proceeds**<br> **from Sales**<br>| **Net Realized**<br> **Gain (Loss)**<br>| **Change in**<br> **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Shares at**<br> **March 31,**<br> **2026**<br>| **Value at**<br> **March 31,**<br> **2026**<br>|
| **Open-End Mutual Funds – 66.0%** |  |  |  |  |  |  |  |
| AVIP AB Mid Cap Core Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | $1654491 | $69747 | $198195 | $57403 | $(35273)<br>| 44488 | $1548173 |
| AVIP AB Relative Value Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 1654491 | 7975 | 163887 | 37384 | 12210 | 121616 | 1548173 |
| AVIP AB Small Cap Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 1654491 | 91436 | 211122 | 62195 | (48827)<br>| 104254 | 1548173 |
| AVIP BlackRock Advantage International Equity Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 6617964 | 222454 | 716549 | 228171 | (159347)<br>| 300762 | 6192693 |
| AVIP BlackRock Advantage Large Cap Core Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 3308982 | 49152 | 141489 | 48878 | (169176)<br>| 81333 | 3096347 |
| AVIP BlackRock Advantage Large Cap Value Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 4963473 | 16863 | 498876 | 130083 | 32977 | 219703 | 4644520 |
| AVIP Bond Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 16544911 | 23340 | 1020706 | (115518)<br>| 49706 | 893865 | 15481733 |
| AVIP Core Plus Bond Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 24817366 | 58565 | 1664755 | (145607)<br>| 157030 | 2532454 | 23222599 |
| AVIP High Income Bond Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 9926947 | 51694 | 678364 | (21625)<br>| 10388 | 476605 | 9289040 |
| AVIP Nasdaq-100<sup>®</sup> Index Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 1654491 | 61554 | 72699 | 22033 | (117206)<br>| 93151 | 1548173 |
| AVIP S&P 500<sup>®</sup> Index Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 23162875 | 327641 | 834425 | 163226 | (1144891)<br>| 499066 | 21674426 |
| AVIP S&P MidCap 400<sup>®</sup> Index Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 13235929 | 559939 | 1782781 | 257335 | 114964 | 574461 | 12385386 |
| **Total Open-End Mutual Funds** |  |  |  | $723958 | $(1297445)<br>|  | $102179436 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

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

---

| | |
|:---|:---|
| Footnotes: | Footnotes: |
| &nbsp;&nbsp;&nbsp;&nbsp; (a) | Pursuant to Section 2(a)(3) of the Investment Company Act of 1940, the investment meets the definition of "affiliated person", as the Portfolio directly or indirectly <br> owns, controls, or holds with power to vote 5 percent or more of the outstanding voting securities of the holding at March 31, 2026.<br>|

---

The accompanying notes are an integral part of these financial statements. <br>

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Balanced Model Portfolio**

**Schedule of Investments in Unaffiliated Issuers**

**March 31, 2026 (Unaudited)** 

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

---

| | | |
|:---|:---|:---|
| **Open-End Mutual Funds–29.1%** | **Shares** | **Value** |
| DFA Emerging Markets Portfolio Institutional | &nbsp;&nbsp; 336927 | &nbsp;&nbsp; $12948097 |
| DFA International Core Equity Portfolio Institutional | &nbsp;&nbsp; 1555376 | &nbsp;&nbsp; 32382924 |
| PIMCO Low Duration Institutional | &nbsp;&nbsp; 5598523 | &nbsp;&nbsp; 51898309 |
| PIMCO Total Return Institutional | &nbsp;&nbsp; 8912574 | &nbsp;&nbsp; 77895901 |
| Vanguard International Growth Fund Admiral Class | &nbsp;&nbsp; 119568 | &nbsp;&nbsp; 12930138 |
| **Total Open-End Mutual Funds** |  | &nbsp;&nbsp; $188055369 |
| **Total Investments in Securities of Unaffiliated Issuers – 29.1% (Cost $177,562,607)** |  | &nbsp;&nbsp; $188055369 |
| **Total Investments in Affiliates – 70.9% (Cost $415,459,882) (see schedule below)** |  | &nbsp;&nbsp; 459019901 |
| **Liabilities in Excess of Other Assets – 0.0%** |  | &nbsp;&nbsp; (265280)<br>|
| **Net Assets – 100.0%** | **Net Assets – 100.0%** | &nbsp;&nbsp; $646809990 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

The accompanying notes are an integral part of these financial statements.

**Schedule of Investments in Affiliates**

**March 31, 2026 (Unaudited)** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Affiliate** | **Value at**<br> **January 1, 2026**<br>| **Cost of**<br> **Purchases**<br>| **Proceeds**<br> **from Sales**<br>| **Net Realized**<br> **Gain (Loss)**<br>| **Change in**<br> **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Shares at**<br> **March 31,**<br> **2026**<br>| **Value at**<br> **March 31,**<br> **2026**<br>|
| **Open-End Mutual Funds – 70.9%** |  |  |  |  |  |  |  |
| AVIP AB Mid Cap Core Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | $6783395 | $100829 | $499727 | $143566 | $(62994)<br>| 185778 | $6465069 |
| AVIP AB Relative Value Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 27133582 | 10785 | 2077124 | 356289 | 436744 | 2031444 | 25860276 |
| AVIP AB Small Cap Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 6783395 | 155555 | 515945 | 150013 | (107949)<br>| 435358 | 6465069 |
| AVIP BlackRock Advantage International Equity Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 47483768 | 1311179 | 3975338 | 1707532 | (1271658)<br>| 2197935 | 45255483 |
| AVIP BlackRock Advantage Large Cap Core Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 13566791 | 228832 | 353258 | (8234)<br>| (503993)<br>| 339641 | 12930138 |
| AVIP BlackRock Advantage Large Cap Growth Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 6783395 | 428289 | 136241 | 32331 | (642705)<br>| 751752 | 6465069 |
| AVIP BlackRock Advantage Large Cap Value Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 27133582 | 1852 | 2154023 | (118788)<br>| 997653 | 1223287 | 25860276 |
| AVIP BlackRock Advantage Small Cap Growth Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 13566791 | 665706 | 963686 | 310214 | (648887)<br>| 493894 | 12930138 |
| AVIP Bond Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 47483768 | 138401 | 2158996 | (255962)<br>| 48272 | 2612903 | 45255483 |
| AVIP Core Plus Bond Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 67833954 | 322663 | 3521933 | (300558)<br>| 316564 | 7050239 | 64650690 |
| AVIP High Income Bond Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 27133582 | 63738 | 1296877 | 74571 | (114738)<br>| 1326848 | 25860276 |
| AVIP Nasdaq-100<sup>®</sup> Index Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 6783395 | 286097 | 202395 | 44184 | (446212)<br>| 388993 | 6465069 |
| AVIP S&P 500<sup>®</sup> Index Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 108534327 | 1915369 | 2250136 | 540211 | (5298666)<br>| 2381789 | 103441105 |
| AVIP S&P MidCap 400<sup>®</sup> Index Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 74617350 | 1031798 | 6522699 | (167416)<br>| 2156727 | 3298505 | 71115760 |
| **Total Open-End Mutual Funds** |  |  |  | $2507953 | $(5141842)<br>|  | $459019901 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

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

---

| | |
|:---|:---|
| Footnotes: | Footnotes: |
| &nbsp;&nbsp;&nbsp;&nbsp; (a) | Pursuant to Section 2(a)(3) of the Investment Company Act of 1940, the investment meets the definition of "affiliated person", as the Portfolio directly or indirectly <br> owns, controls, or holds with power to vote 5 percent or more of the outstanding voting securities of the holding at March 31, 2026.<br>|

---

The accompanying notes are an integral part of these financial statements. <br>

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Moderate Growth Model Portfolio**

**Schedule of Investments in Unaffiliated Issuers**

**March 31, 2026 (Unaudited)** 

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

---

| | | |
|:---|:---|:---|
| **Open-End Mutual Funds–21.1%** | **Shares** | **Value** |
| DFA Emerging Markets Portfolio Institutional | &nbsp;&nbsp; 682174 | &nbsp;&nbsp; $26215958 |
| DFA International Core Equity Portfolio Institutional | &nbsp;&nbsp; 4408848 | &nbsp;&nbsp; 91792207 |
| PIMCO Low Duration Institutional | &nbsp;&nbsp; 4250739 | &nbsp;&nbsp; 39404345 |
| PIMCO Total Return Institutional | &nbsp;&nbsp; 10526469 | &nbsp;&nbsp; 92001340 |
| Vanguard International Growth Fund Admiral Class | &nbsp;&nbsp; 242086 | &nbsp;&nbsp; 26179214 |
| **Total Open-End Mutual Funds** |  | &nbsp;&nbsp; $275593064 |
| **Total Investments in Securities of Unaffiliated Issuers – 21.1% (Cost $240,506,240)** |  | &nbsp;&nbsp; $275593064 |
| **Total Investments in Affiliates – 78.9% (Cost $914,522,429) (see schedule below)** |  | &nbsp;&nbsp; 1034078954 |
| **Liabilities in Excess of Other Assets – 0.0%** |  | &nbsp;&nbsp; (493842)<br>|
| **Net Assets – 100.0%** | **Net Assets – 100.0%** | &nbsp;&nbsp; $1309178176 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

The accompanying notes are an integral part of these financial statements.

**Schedule of Investments in Affiliates**

**March 31, 2026 (Unaudited)** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Affiliate** | **Value at**<br> **January 1, 2026**<br>| **Cost of**<br> **Purchases**<br>| **Proceeds**<br> **from Sales**<br>| **Net Realized**<br> **Gain (Loss)**<br>| **Change in**<br> **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Shares at**<br> **March 31,**<br> **2026**<br>| **Value at**<br> **March 31,**<br> **2026**<br>|
| **Open-End Mutual Funds – 78.9%** |  |  |  |  |  |  |  |
| AVIP AB Mid Cap Core Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | $13738620 | $75148 | $882828 | $100781 | $57886 | 376138 | $13089607 |
| AVIP AB Relative Value Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 68693098 |  | 5248715 | 896918 | 1106734 | 5141244 | 65448035 |
| AVIP AB Small Cap Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 27477239 | 483897 | 1937098 | 553789 | (398613)<br>| 1762910 | 26179214 |
| AVIP BlackRock Advantage International Equity Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 109908957 | 1720524 | 7879331 | 2589742 | (1623036)<br>| 5085811 | 104716856 |
| AVIP BlackRock Advantage Large Cap Core Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 54954479 | 777104 | 1273723 | 302831 | (2402263)<br>| 1375320 | 52358428 |
| AVIP BlackRock Advantage Large Cap Growth Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 27477239 | 1865013 | 673881 | 154338 | (2643495)<br>| 3044095 | 26179214 |
| AVIP BlackRock Advantage Large Cap Value Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 82431718 | 1 | 6560216 | (366247)<br>| 3032386 | 3715120 | 78537642 |
| AVIP BlackRock Advantage Small Cap Growth Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 41215859 | 1500881 | 2384830 | 764848 | (1827937)<br>| 1499955 | 39268821 |
| AVIP Bond Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 68693098 | 659070 | 3597703 | (355034)<br>| 48604 | 3778755 | 65448035 |
| AVIP Core Plus Bond Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 96170338 | 1099840 | 5661697 | (489377)<br>| 508145 | 9992066 | 91627249 |
| AVIP High Income Bond Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 27477239 | 331105 | 1586529 | 23303 | (65904)<br>| 1343213 | 26179214 |
| AVIP Nasdaq-100<sup>®</sup> Index Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 27477239 | 1142597 | 795098 | 164325 | (1809849)<br>| 1575163 | 26179214 |
| AVIP S&P 500<sup>®</sup> Index Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 261033774 | 3972621 | 4723922 | 1745942 | (13325881)<br>| 5726515 | 248702534 |
| AVIP S&P MidCap 400<sup>®</sup> Index Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 178602056 | 856118 | 14032891 | 5293350 | (553742)<br>| 7892620 | 170164891 |
| **Total Open-End Mutual Funds** |  |  |  | $11379509 | $(19896965)<br>|  | $1034078954 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

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

---

| | |
|:---|:---|
| Footnotes: | Footnotes: |
| &nbsp;&nbsp;&nbsp;&nbsp; (a) | Pursuant to Section 2(a)(3) of the Investment Company Act of 1940, the investment meets the definition of "affiliated person", as the Portfolio directly or indirectly <br> owns, controls, or holds with power to vote 5 percent or more of the outstanding voting securities of the holding at March 31, 2026.<br>|

---

The accompanying notes are an integral part of these financial statements. <br>

------

**AuguStar Variable Insurance Products Fund, Inc.**

**AVIP Growth Model Portfolio**

**Schedule of Investments in Unaffiliated Issuers**

**March 31, 2026 (Unaudited)** 

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

---

| | | |
|:---|:---|:---|
| **Open-End Mutual Funds–17.0%** | **Shares** | **Value** |
| DFA Emerging Markets Portfolio Institutional | &nbsp;&nbsp; 257668 | &nbsp;&nbsp; $9902205 |
| DFA International Core Equity Portfolio Institutional | &nbsp;&nbsp; 1427396 | &nbsp;&nbsp; 29718384 |
| PIMCO Low Duration Institutional | &nbsp;&nbsp; 356801 | &nbsp;&nbsp; 3307543 |
| PIMCO Total Return Institutional | &nbsp;&nbsp; 757350 | &nbsp;&nbsp; 6619236 |
| Vanguard International Growth Fund Admiral Class | &nbsp;&nbsp; 60960 | &nbsp;&nbsp; 6592221 |
| **Total Open-End Mutual Funds** |  | &nbsp;&nbsp; $56139589 |
| **Total Investments in Securities of Unaffiliated Issuers – 17.0% (Cost $44,818,526)** |  | &nbsp;&nbsp; $56139589 |
| **Total Investments in Affiliates – 83.0% (Cost $236,989,172) (see schedule below)** |  | &nbsp;&nbsp; 273577169 |
| **Liabilities in Excess of Other Assets – 0.0%** |  | &nbsp;&nbsp; (152753)<br>|
| **Net Assets – 100.0%** | **Net Assets – 100.0%** | &nbsp;&nbsp; $329564005 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

The accompanying notes are an integral part of these financial statements.

**Schedule of Investments in Affiliates**

**March 31, 2026 (Unaudited)** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Affiliate** | **Value at**<br> **January 1, 2026**<br>| **Cost of**<br> **Purchases**<br>| **Proceeds**<br> **from Sales**<br>| **Net Realized**<br> **Gain (Loss)**<br>| **Change in**<br> **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Shares at**<br> **March 31,**<br> **2026**<br>| **Value at**<br> **March 31,**<br> **2026**<br>|
| **Open-End Mutual Funds – 83.0%** |  |  |  |  |  |  |  |
| AVIP AB Mid Cap Core Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | $3398157 | $7147 | $145382 | $(93494)<br>| $129683 | 94716 | $3296111 |
| AVIP AB Relative Value Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 20388940 | 284 | 1201641 | 267636 | 321444 | 1553548 | 19776663 |
| AVIP AB Small Cap Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 10194470 | 153222 | 506869 | 143485 | (95977)<br>| 665881 | 9888331 |
| AVIP BlackRock Advantage International Equity Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 37379724 | 609000 | 2036207 | 684040 | (379342)<br>| 1760914 | 36257215 |
| AVIP BlackRock Advantage Large Cap Core Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 20388940 | 611459 | 425046 | (70165)<br>| (728525)<br>| 519482 | 19776663 |
| AVIP BlackRock Advantage Large Cap Growth Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 6796313 | 577463 | 156083 | 29398 | (654870)<br>| 766537 | 6592221 |
| AVIP BlackRock Advantage Large Cap Value Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 23787097 |  | 1478014 | (82310)<br>| 846000 | 1091427 | 23072773 |
| AVIP BlackRock Advantage Small Cap Growth Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 13592627 | 468767 | 505083 | 35642 | (407511)<br>| 503607 | 13184442 |
| AVIP Bond Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 6796313 | 159282 | 331274 | 16749 | (48849)<br>| 380613 | 6592221 |
| AVIP Core Plus Bond Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 10194470 | 249212 | 555898 | (10114)<br>| 10661 | 1078335 | 9888331 |
| AVIP High Income Bond Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 3398157 | 100457 | 196677 | 7241 | (13068)<br>| 169118 | 3296110 |
| AVIP Nasdaq-100<sup>®</sup> Index Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 10194470 | 576632 | 259546 | 53287 | (676511)<br>| 594966 | 9888332 |
| AVIP S&P 500<sup>®</sup> Index Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 64564977 | 2080001 | 1084870 | 343278 | (3277287)<br>| 1442001 | 62626099 |
| AVIP S&P MidCap 400<sup>®</sup> Index Portfolio<br> &nbsp;&nbsp;&nbsp; (a) | 50972350 | 113113 | 2961981 | 955941 | 362234 | 2293212 | 49441657 |
| **Total Open-End Mutual Funds** |  |  |  | $2280614 | $(4611918)<br>|  | $273577169 |

---

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

<br>Percentages are stated as a percent of net assets.<br>

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

---

| | |
|:---|:---|
| Footnotes: | Footnotes: |
| &nbsp;&nbsp;&nbsp;&nbsp; (a) | Pursuant to Section 2(a)(3) of the Investment Company Act of 1940, the investment meets the definition of "affiliated person", as the Portfolio directly or indirectly <br> owns, controls, or holds with power to vote 5 percent or more of the outstanding voting securities of the holding at March 31, 2026.<br>|

---

The accompanying notes are an integral part of these financial statements. <br>

------

**AuguStar Variable Insurance Products Fund, Inc.**

**Notes to Schedules of Investments**

**March 31, 2026 (Unaudited)** 

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

**(1)Organization**

AuguStar Variable Insurance Products Fund, Inc. (the "Fund") is a Maryland corporation registered under the Investment Company Act of 1940, as amended (the "40 Act"). The Fund is an open-end investment company and follows accounting and reporting guidance under Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Topic 946, "Financial Services-Investment Companies". The Fund consists of twenty-five separate investment portfolios (the "Portfolios").

The AVIP Constellation Managed Risk Balanced Portfolio, AVIP Constellation Managed Risk Moderate Growth Portfolio, and AVIP Constellation Managed Risk Growth Portfolio are collectively referred to as the "AVIP Constellation Managed Risk Portfolios". The AVIP Moderately Conservative Model Portfolio, AVIP Balanced Model Portfolio, AVIP Moderate Growth Model Portfolio, and AVIP Growth Model Portfolio are collectively referred to as the "AVIP Model Portfolios". Each of the AVIP Constellation Managed Risk Portfolios and AVIP Model Portfolios, as well as the AVIP Constellation Dynamic Risk Balanced Portfolio, is a "Fund of Funds", which means each Portfolio significantly invests in other open-end mutual funds or exchange traded funds ("ETFs"). Those underlying mutual funds or ETFs invest in stocks, bonds, and other securities that are consistently recorded at fair value, but involve varying amounts of potential investment risk and reward. The portfolio management team of each of those Portfolios periodically adjusts the investment allocation to allow each of those Portfolios to achieve its investment objective. Additional information about the underlying fund holdings is available at www.sec.gov.

Details regarding Portfolio-specific objectives, policies, and investment strategies are provided in the Portfolios' Prospectuses and Statements of Additional Information. There are no assurances that these objectives will be met. Each Portfolio, except the AVIP Nasdaq-100<sup>®</sup> Index Portfolio and AVIP S&P 500<sup>®</sup> Index Portfolio, is classified as diversified for purposes of Section 5(b) of the 40 Act.

The Fund issues its shares to separate accounts of AuguStar Life Insurance Company ("ALIC") and National Security Life and Annuity Company ("NSLA") to support certain benefits under variable contracts issued by those entities, as well as for purchases by other Portfolios of the Fund. In the future, Fund shares may be used for other purposes but, unless there is a change in applicable law, they will not be sold directly to the public.

ALIC and NSLA, at present, do not market or issue variable annuities. ALIC and NSLA will continue to service the in-force variable annuity contracts, the variable separate accounts, and underlying subaccounts regardless of new sales.

Interest in each Portfolio is represented by a separate class of the Fund's capital stock, par value $1. Each share of a Portfolio participates equally in the Portfolio's dividends, distributions, net assets, and voting matters.

The Fund is authorized to issue 1.55 billion of its capital shares. The Fund's Board of Directors (the "Board") periodically reallocates authorized shares among the Portfolios of the Fund and may authorize additional shares as deemed necessary. In a meeting on August 28, 2025, the Board designated two share classes for certain Portfolios. The Board authorized shares to be allocated to specific Portfolios of the Fund as follows:

**Class I:** 

---

| | | | |
|:---|:---|:---|:---|
| **Portfolio** | **Authorized Shares** | **Portfolio** | **Authorized Shares** |
| AVIP Bond | 25000000 | AVIP BlackRock Advantage Large Cap Growth | 62000000 |
| AVIP BlackRock Balanced Allocation | 15000000 | AVIP Constellation Dynamic Risk Balanced | 170000000 |
| AVIP BlackRock Advantage International Equity | 35000000 | AVIP Core Plus Bond | 95000000 |
| AVIP Fidelity Institutional AM<sup>®</sup> Equity Growth | 19000000 | AVIP Intech U.S. Low Volatility | 65000000 |
| AVIP AB Small Cap | 27000000 | AVIP AB Relative Value | 16000000 |
| AVIP AB Mid Cap Core | 5000000 | AVIP Constellation Managed Risk Balanced | 83000000 |
| AVIP S&P 500<sup>®</sup> Index | 50000000 | AVIP Constellation Managed Risk Moderate Growth | 140000000 |
| AVIP BlackRock Advantage Large Cap Value | 14000000 | AVIP Constellation Managed Risk Growth | 50000000 |
| AVIP High Income Bond | 10000000 | AVIP Moderately Conservative Model | 26000000 |
| AVIP Nasdaq-100<sup>®</sup> Index | 21000000 | AVIP Balanced Model | 107000000 |
| AVIP BlackRock Advantage Large Cap Core | 12000000 | AVIP Moderate Growth Model | 200000000 |
| AVIP BlackRock Advantage Small Cap Growth | 8000000 | AVIP Growth Model | 48000000 |
| AVIP S&P MidCap 400<sup>®</sup> Index | 37000000 |  |  |

---

**Class II:** 

---

| | | | |
|:---|:---|:---|:---|
| **Portfolio** | **Authorized Shares** | **Portfolio** | **Authorized Shares** |
| AVIP Bond | 10000000 | AVIP Nasdaq-100<sup>®</sup> Index | 10000000 |
| AVIP BlackRock Balanced Allocation | 10000000 | AVIP BlackRock Advantage Large Cap Core | 10000000 |
| AVIP BlackRock Advantage International Equity | 10000000 | AVIP BlackRock Advantage Small Cap Growth | 10000000 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**Notes to Schedules of Investments (Continued)**

**March 31, 2026 (Unaudited)** 

---

| | | | |
|:---|:---|:---|:---|
| **Portfolio** | **Authorized Shares** | **Portfolio** | **Authorized Shares** |
| AVIP Fidelity Institutional AM<sup>®</sup> Equity Growth | 10000000 | AVIP S&P MidCap 400<sup>®</sup> Index | 10000000 |
| AVIP AB Small Cap | 10000000 | AVIP BlackRock Advantage Large Cap Growth | 10000000 |
| AVIP AB Mid Cap Core | 10000000 | AVIP Constellation Dynamic Risk Balanced | 20000000 |
| AVIP S&P 500<sup>®</sup> Index | 30000000 | AVIP Core Plus Bond | 10000000 |
| AVIP BlackRock Advantage Large Cap Value | 10000000 | AVIP Intech U.S. Low Volatility | 10000000 |
| AVIP High Income Bond | 10000000 | AVIP AB Relative Value | 10000000 |

---

While the Class II shares are authorized, there were no shares issued or outstanding through March 31, 2026. As such, all financial statements and corresponding notes to the financial statements are reflective of Class I shares only.

Under the Fund's organizational documents, its Officers and Directors are indemnified against certain liabilities arising out of the performance of their duties to the Fund. In addition, in the normal course of business, the Fund enters into contracts with its vendors and others that provide for general indemnifications. The Fund's maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Fund. However, based on experience, the risk of loss to the Fund is expected to be remote.

**(2)Significant Accounting Policies**

The following is a summary of significant accounting policies followed by the Fund in preparation of its financial statements:

**Use of Estimates**

The preparation of financial statements, in conformity with U.S. generally accepted accounting principles ("U.S. GAAP"), requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

**Cash Balance Credit Risk**

The Fund may place portions of its uninvested cash with financial institutions in the United States, which are insured by the Federal Deposit Insurance Corporation ("FDIC") up to $250,000 for each account holder. The Fund may be subject to credit risk to the extent amounts on deposit are in excess of the insured limits.

**Security Valuation and Fair Value Measurement**

The Board has adopted policies for the valuation of the Fund's securities, which include guidelines for valuation when active market quotations are not readily available. The Board has designated authority to the Fund's adviser, Constellation Investments, Inc. ("CINV") to apply those guidelines in the determination of fair value, subject to oversight by the Board.

The Portfolios are valued each day the New York Stock Exchange ("NYSE") is open for unrestricted trading. The Portfolios' investments are valued as follows:

Domestic equity securities that are traded on U.S. exchanges, other than the Nasdaq Stock Market, are valued at the last trade price reported by the primary exchange of each security (4:00 pm Eastern Time for normal trading sessions). Domestic equity securities that are listed on the Nasdaq Stock Market are valued at the Nasdaq Official Closing Price ("NOCP"). Over-the-counter domestic equity securities are valued at the last trade price reported daily as of 4:00 pm Eastern Time (normal trading sessions). If, on a particular day, a domestic equity security does not trade, or otherwise cannot be priced by independent pricing services, then a broker quotation as of the end of the current trading session, the evaluated mean between the bid and ask prices, as reported by an approved independent pricing source, or a previous last trade price may be used when appropriate.

Over-the-counter traded American Depositary Receipts ("ADRs") may also be valued at an evaluated price based on the value of the underlying securities. If an underlying equity security is not traded on a particular day, the mean between the bid and ask prices reported at 4:00 pm Eastern Time (normal trading sessions) by the primary exchange will generally be used for valuation purposes. The principal sources for market quotations are independent pricing services that have been approved by the Board or its designee.

Futures contracts are valued at the daily quoted settlement prices as reported by an approved independent pricing source.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**Notes to Schedules of Investments (Continued)**

**March 31, 2026 (Unaudited)** 

Swap contracts are valued on the basis of evaluations as of 4:00 pm Eastern Time that are provided by an approved independent pricing source. Evaluations are based on methodologies that consider market observable inputs such as interest rates, payment frequencies, and maturities.

Shares of open-end mutual funds are valued at each fund's last calculated net asset value per share.

Shares of closed-end mutual funds that are traded on U.S. exchanges are valued similarly to other domestic equity securities, typically at the last trade price reported by the primary exchange of each fund (4:00 pm Eastern Time for normal trading sessions).

Foreign equity securities are initially priced at the reported close price of the exchange on which a security is primarily traded. Securities not traded on a particular day are valued at the mean between the last reported bid and ask quotes at daily close, or the last sale price when appropriate. The principal sources for market quotations are independent pricing services that have been approved by the Board or its designee.

Equity securities that are primarily traded on foreign exchanges, other than those with close times that are consistent with the normal 4:00 pm Eastern Time close of U.S. equity markets, are further subjected to fair valuation pricing procedures provided by an independent fair valuation service. The service provides data that can be used to estimate the price of a foreign issue that would prevail in a liquid market given market information available at 4:00 pm Eastern Time (normal trading sessions) each day that the NYSE is open for trading and net asset values are calculated for the Portfolios. Multiple factors may be considered in performing this valuation, including U.S. intraday market and sector returns, currency valuations, and pricing of related depository receipts, exchange traded funds, and futures. Backtesting analysis is performed on a quarterly basis to monitor the effectiveness of these procedures. The testing is reviewed by management of the Fund and the results of testing are reported to the Board. Prior results have indicated that these procedures have been effective in reaching pre-determined valuation objectives.

Fixed income securities that have a remaining maturity exceeding sixty days are generally valued at the evaluated bid price reported at 4:00 pm Eastern Time (normal trading sessions), as provided by independent pricing services approved by the Board or its designee. Many fixed income securities, including investment grade and high-yield corporate bonds, U.S. Treasury and government agency obligations, and other asset-backed instruments are not actively traded on a daily basis. As such, the approved pricing services may use asset type-specific valuation models to provide good faith determinations of value that the holders of securities would receive in an orderly transaction under current market conditions. The valuation models may use observable market data such as recent transaction data, benchmark yields, broker/dealer inputs, valuations and yields of comparable instruments, relative credit information, observed market movements, and market research and news.

Asset-backed securities and mortgage-backed securities may use valuation models that heavily consider predicted cash flows of each tranche of an issue, benchmark spreads, and unique attributes of the tranche. The last trade or last evaluated bid may be used if an evaluated bid price is not available.

Fixed income instruments that mature in sixty days or less, and of sufficient credit quality, are valued at amortized cost. Amortized cost valuation involves valuing a security at its cost initially and thereafter amortizing to maturity any discounts or premiums on the level-yield method, regardless of the impact of fluctuating market interest rates on the value of the security. In these instances, amortized cost approximates fair value.

Restricted securities, illiquid securities, or other investments for which market quotations or other observable market inputs are not readily available are valued using methods determined in good faith by CINV's Pricing Committee, which is subjected to oversight by the Board.

U.S exchange-traded options are valued at the composite basis last sale price as reported to a Board-approved independent pricing service by the Options Price Reporting Authority ("OPRA"). If there are no reported trades for a trading session, the evaluated composite-basis bid price or other method will be used for valuation purposes.

The differences between the aggregate cost and values of investments are reflected as unrealized appreciation or unrealized depreciation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**Notes to Schedules of Investments (Continued)**

**March 31, 2026 (Unaudited)** 

Pricing inputs used in the determination of investment values are categorized according to a three-tier hierarchy framework. The hierarchy is summarized in three broad levels:

Level 1: Quoted prices in active markets for identical securities.

Level 2: Other significant observable inputs, including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.

Level 3: Significant unobservable inputs, including the Fund's own assumptions used to determine the value of securities.

The following is a summary of the inputs used in valuing each of the Portfolio's assets (liabilities) at value as of March 31, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Portfolio** | **Financial Instrument Type** | **Level 1** | **Level 2** | **Level 3** |
| AVIP Bond | Corporate Bonds\*\*\* | $— | $199426242 | $— |
|  | Asset-Backed Securities\*\*\* |  | 45260658 |  |
|  | Preferred Securities\*\*\* |  | 4395230 |  |
|  | U.S. Treasury Obligations |  | 1463203 |  |
|  |  | $— | $250545333 | $— |
|  | Long Futures Contracts | $(557748)<br>| $— | $— |
| AVIP BlackRock Balanced Allocation | Common Stocks\*\*\* | $241859783 | $— | $— |
|  | Corporate Bonds\*\*\* |  | 83626255 |  |
|  | Asset-Backed Securities\*\*\* |  | 2975427 |  |
|  | Preferred Securities\*\*\* |  | 2600967 |  |
|  |  | $241859783 | $89202649 | $— |
|  | Long Futures Contracts | $(190116)<br>| $— | $— |
|  | Short Futures Contracts | $108564 | $— | $— |
| &nbsp;&nbsp;&nbsp;&nbsp; AVIP BlackRock Advantage International <br> Equity<br>| Common Stocks\*\*\* | $— | $322509651 | $— |
|  | Long Futures Contracts | $(76789)<br>| $— | $— |
| &nbsp;&nbsp;&nbsp;&nbsp; AVIP Fidelity Institutional AM<sup>®</sup> Equity <br> Growth <br>| Common Stocks\*\*\* | $204789378 | $11374176 | $— |
|  | Rights\*\*\* |  | 183 |  |
|  |  | $204789378 | $11374359 | $— |
| AVIP AB Small Cap | Common Stocks\*\*\* | $267579734 | $— | $— |
|  | Exchange Traded Funds | 1156953 |  |  |
|  |  | $268736687 | $— | $— |
| AVIP AB Mid Cap Core | Common Stocks\*\*\* | $97904381 | $— | $— |
|  | Exchange Traded Funds | 104231 |  |  |
|  |  | $98008612 | $— | $— |
| AVIP S&P 500<sup>®</sup> Index | Common Stocks\*\*\* | $1091264923 | $— | $— |
|  | U.S. Treasury Obligations |  | 469947 |  |
|  |  | $1091264923 | $469947 | $— |
|  | Long Futures Contracts | $(59531)<br>| $— | $— |
| &nbsp;&nbsp;&nbsp;&nbsp; AVIP BlackRock Advantage Large Cap <br> Value<br>| Common Stocks\*\*\* | $179953323 | $— | $— |
|  | Long Futures Contracts | $(38658)<br>| $— | $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**Notes to Schedules of Investments (Continued)**

**March 31, 2026 (Unaudited)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Portfolio** | **Financial Instrument Type** | **Level 1** | **Level 2** | **Level 3** |
| AVIP High Income Bond | Corporate Bonds\*\*\* | $— | $110658619 | $— |
|  | Preferred Securities\*\*\* |  | 3140087 |  |
|  | Common Stocks\*\*\* |  |  | 14450 |
|  |  | $— | $113798706 | $14450 |
| AVIP Nasdaq-100<sup>®</sup> Index | Common Stocks\*\*\* | $237374545 | $— | $— |
|  | U.S. Treasury Obligations |  | 112509 |  |
|  |  | $237374545 | $112509 | $— |
|  | Long Futures Contracts | $(28151)<br>| $— | $— |
| &nbsp;&nbsp;&nbsp;&nbsp; AVIP BlackRock Advantage Large Cap <br> Core<br>| Common Stocks\*\*\* | $301162410 | $— | $— |
|  | Long Futures Contracts | $(63337)<br>| $— | $— |
| &nbsp;&nbsp;&nbsp;&nbsp; AVIP BlackRock Advantage Small Cap <br> Growth<br>| Common Stocks\*\*\* | $120338763 | $— | $— |
|  | Rights\*\*\* |  | 11608 |  |
|  |  | $120338763 | $11608 | $— |
|  | Long Futures Contracts | $(9025)<br>| $— | $— |
| AVIP S&P MidCap 400<sup>®</sup> Index | Common Stocks\*\*\* | $503449449 | $— | $— |
|  | U.S. Treasury Obligations |  | 204108 |  |
|  |  | $503449449 | $204108 | $— |
|  | Long Futures Contracts | $12726 | $— | $— |
| &nbsp;&nbsp;&nbsp;&nbsp; AVIP BlackRock Advantage Large Cap <br> Growth<br>| Common Stocks\*\*\* | $408149497 | $— | $— |
|  | Long Futures Contracts | $(207578)<br>| $— | $— |
| &nbsp;&nbsp;&nbsp;&nbsp; AVIP Constellation Dynamic Risk <br> Balanced<br>| Exchange Traded Funds | $1010157645 | $— | $— |
|  | Asset-Backed Securities\*\*\* |  | 163533724 |  |
|  | Corporate Bonds\*\*\* |  | 130433902 |  |
|  | U.S. Treasury Obligations |  | 108425385 |  |
|  | Preferred Securities\*\*\* |  | 9028301 |  |
|  | Rights\*\*\* |  | 4444 |  |
|  |  | $1010157645 | $411425756 | $— |
|  | Long Futures Contracts | $(3343826)<br>| $— | $— |
|  | Short Futures Contracts | $632364 | $— | $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**Notes to Schedules of Investments (Continued)**

**March 31, 2026 (Unaudited)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Portfolio** | **Financial Instrument Type** | **Level 1** | **Level 2** | **Level 3** |
| AVIP Core Plus Bond | Corporate Bonds\*\*\* | $— | $179507165 | $— |
|  | U.S. Treasury Obligations |  | 106642976 |  |
|  | &nbsp;&nbsp; Asset-Backed / Mortgage-Backed <br> Securities\*\*\*<br>|  | 101029664 |  |
|  | &nbsp;&nbsp; U.S. Government Agency Mortgage-Backed <br> Securities<br>|  | 100956015 |  |
|  | Preferred Securities\*\*\* |  | 3996486 |  |
|  | Sovereign Debt Issues |  | 1387998 |  |
|  | Common Stocks\*\*\* |  |  | 3098 |
|  |  | $— | $493520304 | $3098 |
|  | Long Futures Contracts | $(1283569)<br>| $— | $— |
|  | Short Futures Contracts | $381134 | $— | $— |
| AVIP Intech U.S. Low Volatility | Common Stocks\*\*\* | $514547651 | $— | $— |
| AVIP AB Relative Value | Common Stocks\*\*\* | $121144581 | $— | $— |
| &nbsp;&nbsp;&nbsp;&nbsp; AVIP Constellation Managed Risk <br> Balanced<br>| Exchange Traded Funds | $467068389 | $— | $— |
|  | Long Futures Contracts | $(822653)<br>| $— | $— |
| &nbsp;&nbsp;&nbsp;&nbsp; AVIP Constellation Managed Risk <br> Moderate Growth<br>| Exchange Traded Funds | $1150345185 | $— | $— |
|  | Long Futures Contracts | $(800489)<br>| $— | $— |
| &nbsp;&nbsp;&nbsp;&nbsp; AVIP Constellation Managed Risk <br> Growth<br>| Exchange Traded Funds | $385123118 | $— | $— |
|  | Long Futures Contracts | $(693425)<br>| $— | $— |
| AVIP Moderately Conservative Model | Open-End Mutual Funds | $154996965 | $— | $— |
| AVIP Balanced Model | Open-End Mutual Funds | $647075270 | $— | $— |
| AVIP Moderate Growth Model | Open-End Mutual Funds | $1309672018 | $— | $— |
| AVIP Growth Model | Open-End Mutual Funds | $329716758 | $— | $— |

---

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

\*\*\* Each of the Portfolio's Schedule of Investments includes detailed industry descriptions.

Level 3 investments held during and at the end of the period ended March 31, 2026, in relation to net assets of the AVIP High Income Bond Portfolio and AVIP Core Plus Bond Portfolio, were not significant (0.0% and 0.0% of total net assets, respectively) and accordingly, a reconciliation of level 3 assets for the period ended March 31, 2026 is not presented. The valuation technique usedto value the Level 3 securities in the AVIP High Income Bond Portfolio and AVIP Core Plus Bond Portfolio at March 31, 2026 was fair valuation pursuant to procedures approved by the Board.

**Foreign Securities and Currency**

The books and records of the Portfolios are maintained in U.S. dollars. All investments and cash quoted in foreign currencies are valued daily in U.S. dollars on the basis of the foreign currency exchange rates provided by an independent source. These exchange rates are determined daily at 4:00 pm Eastern Time for normal trading sessions. Purchases and sales of foreign-denominated investments are recorded at rates of exchange prevailing on the respective dates of such transactions.

The Fund may not fully isolate the portion of the results of operations resulting from changes in foreign exchange rates from fluctuations arising from changes in market prices on foreign currency-denominated investments. For the portion that is isolated, amounts are reflected in the Statements of Operations as other foreign currency related transactions. However, for tax purposes, the Fund does fully isolate the effect of fluctuations in foreign exchange rates when determining the gain or loss upon sale or maturity of such investments to the extent required by federal income tax regulations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**Notes to Schedules of Investments (Continued)**

**March 31, 2026 (Unaudited)** 

All Portfolios of the Fund may invest in securities of foreign issuers. The AVIP BlackRock Advantage International Equity Portfolio may be invested entirely in foreign securities. Investments in securities of foreign issuers, including investments in foreign companies through the use of depositary receipts, carry certain risks not ordinarily associated with investments in securities of domestic issuers. Such risks include future political and economic developments, and the possible imposition of exchange controls or other foreign governmental laws and restrictions. In addition, with respect to certain countries, there is the possibility of expropriation of assets, confiscatory taxation, political or social instability, or diplomatic developments that could adversely affect capital investment within those countries.

**Restricted Securities**

Restricted securities are typically those securities purchased through a private offering and cannot be resold to the general public without prior registration under the Securities Act of 1933 ("the 1933 Act") or pursuant to the resale limitations provided by Rule 144A under the 1933 Act, or an exemption from the registration requirements of the 1933 Act. 144A securities are issued by corporations without registration in reliance on 1933 Act provisions allowing for the private resale of unregistered securities to qualified institutional buyers. Section 4(a)(2) commercial paper is issued pursuant to Section 4(a)(2) of the 1933 Act which exempts an issue from registration. This paper may be used to finance non-current transactions, such as acquisitions, stock repurchase programs, and other long-term assets. Investments by a Portfolio in Rule 144A and Section 4(a)(2) securities could have the effect of decreasing the liquidity of a Portfolio during any period in which qualified institutional investors were no longer interested in purchasing these securities**.**

**Investment Transactions and Related Income**

For financial reporting purposes, investment transactions are accounted for on a trade date (T+0) basis. For purposes of executing separate account shareholder transactions in the normal course of business, however, the Fund's investment transactions are recorded no later than the first calculation on the first business day following the trade date (T+1), in accordance with Rule 2a-4 of the 40 Act. Accordingly, differences between the net asset values for financial reporting and for executing separate account shareholder transactions may arise. Net realized gain or loss on investments and foreign exchange transactions are determined using the specific identification method.

Dividend income is recognized on the ex-dividend date, except in the case of those Portfolios holding foreign securities, in which dividends are recorded as soon after the ex-dividend date as the Fund's information agents become aware of such dividends.

Interest income is accrued daily as earned and includes the amortization of premium and accretion of discount using the interest method. The period of amortization or accretion extends from the purchase date to the maturity date, except for securities that are purchased at a premium and have explicit, noncontingent call features, whereby the securities are callable at fixed prices and on pre-determined dates. The premium amounts related to those securities are generally amortized to the earliest call date. Payments received for interest-only mortgage-backed securities are included in interest income. Because no principal is received at the maturity of an interest-only security, adjustments are made to the cost of the security until maturity. These amortization/accretion adjustments are also included in interest income on the Statements of Operations.

**Distributions to Shareholders and Federal Taxes** 

The Fund may satisfy its distribution requirements, as required for each of the Portfolios to qualify as a regulated investment company pursuant to Subchapter M of the Internal Revenue Code by using consent dividends or cash distributions. Consent dividends, when authorized, become taxable to the Fund's shareholders as if they were paid in cash. The Fund has the intent to continue to comply with tax provisions pertaining to regulated investment companies and make distributions of taxable income sufficient to relieve it from substantially all federal income and excise taxes. As such, no provisions for federal income or excise taxes have been recorded. Also, no tax-related interest or penalties have been incurred or accrued. The Board's intent is that the Fund will not initiate any realized gain distributions until any applicable capital loss carryforwards have been offset.

The character of ordinary income distributions, realized capital gains distributions, and return of capital, if any, are determined in accordance with federal income tax regulations and may differ from net investment income and realized gains for financial reporting purposes. These "book/tax" differences are either considered temporary or permanent in nature. To the extent these differences are permanent in nature, they are reclassified within the composition of net assets; temporary differences do not require such reclassification. Distributions to shareholders that exceed taxable income and net taxable realized gains are reported as return of capital distributions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**Notes to Schedules of Investments (Continued)**

**March 31, 2026 (Unaudited)** 

The Fund's management and its tax agent perform an affirmative evaluation of tax positions taken or expected to be taken in the course of preparing the Fund's tax returns to determine whether it is more-likely-than-not (i.e. greater than 50 percent) that each tax position will be sustained upon examination by a taxing authority based on the technical merits of the position. Implementation of the evaluation included a review of tax positions taken in tax years that remain subject to examination by all major tax jurisdictions, including federal tax and the state of Maryland. The determination has been made that there are no uncertain tax positions that would require the Portfolios to record a tax liability or provision.

**Expense Allocation**

Expenses directly attributable to a Portfolio are charged to that Portfolio. Expenses that cannot be directly attributed to a Portfolio are allocated among all the benefited Portfolios on a basis of relative net assets or other appropriate method.

**Foreign Withholding Taxes**

Certain Portfolios in the Fund may be subject to taxes imposed by countries in which they invest with respect to their investments in issuers existing or operating in such countries. Such taxes are generally withheld based on income earned. These Portfolios accrue such taxes as the related income is earned.

**TBA Commitments**

To-Be-Announced ("TBA") commitments are agreements for the purchase or sale of mortgage-backed securities for a fixed price, with payment and delivery on an agreed upon future settlement date beyond the customary settlement period for such securities. The specific securities to be delivered are not identified at the trade date. However, delivered securities must meet specified terms, including issuer, rate and term, and be within industry-accepted "good delivery" standards. When entering into TBA commitments, a Portfolio may take possession of or deliver the underlying mortgage-backed securities but can extend the settlement or roll the transaction. TBA commitments involve a risk of loss if the value of the security to be purchased or sold decreases or increases, respectively, prior to settlement date.

**Transition of LIBOR-linked Reference Rates**

Certain Portfolios have fixed income instruments that transitioned from using reference rates that were directly or indirectly linked to a U.S. Dollar London Interbank Offered Rate ("LIBOR") setting to determine payment obligations, financing terms, or investment values. The Portfolios may also have fixed income instruments with current fixed rates in which future scheduled variable rates are derived from a LIBOR rate that has yet to be transitioned by the issuer to an alternative representative reference rate. Not all instruments may have alternative rate-setting provisions and some uncertainty remains regarding the willingness and ability of issuers to add future alternative rate-setting provisions. Parties to instruments that utilized LIBOR rates may disagree on transition rates or the application of applicable transition regulation, potentially resulting in uncertainty that could impact future performance and valuation of affected instruments.

**Subsequent Events**

Management has evaluated events and transactions through the date the financial statements were issued, for purposes of recognition or disclosure in these financial statements, and there are no subsequent events to report.

**(3)Financial Instruments**

The Portfolios may trade in financial instruments with off-balance sheet risk for hedging purposes or, otherwise, in accordance with stated investment objectives. These financial instruments may include swaps, options, futures, and foreign currency contracts that may involve, to a varying degree, elements of risk in excess of the amounts recognized on financial statements.

**Swap Contracts** 

Swap contracts are bilaterally negotiated agreements between a party and a counterparty to exchange or swap investment cash flows, assets, foreign currencies, or market-linked returns at specified, future intervals. Swap contracts may be either executed and centrally cleared with a centralized Derivatives Clearing Organization or privately negotiated in the OTC market. Certain Portfolios may engage in swap contracts to manage their respective exposure to various asset types or other market inputs such as interest rates.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**Notes to Schedules of Investments (Continued)**

**March 31, 2026 (Unaudited)** 

Entering into swap contracts involves varying degrees of interest, credit, market, and documentation risk in excess of the unrealized gain or loss recorded by a Portfolio. Such risks include that there may be no liquid market, that the counterparty to the contracts may default on an obligation to perform or otherwise disagree as to the meaning of contractual terms in the agreement, or that there may be unfavorable changes in underlying terms, indices, or securities that severely impact the valuation of the swap contract. In connection with the terms of these contracts, a Portfolio's securities or cash may be identified as collateral or margin to provide assets of value and recourse in the event of default.

Swap contracts are marked-to-market daily, and the change in value is recorded as a change in unrealized appreciation (depreciation). Premiums paid or received at the beginning of the measurement period are recorded as an asset or liability and represent payments made or received upon entering into the swap contract to compensate for differences between the stated terms of the swap and prevailing market conditions relating to credit spreads, interest rates, currency exchange rates, and other relevant factors, as appropriate. These upfront payments are recorded as a realized gain or loss upon termination or maturity of the swap. A liquidation payment received or made at the termination of the swap contract is recorded as a realized gain or loss. Net periodic payments received or paid are included in the calculation of realized gain or loss.

Credit default swap contracts involve one party making a stream of payments (referred to as the buyer of protection) to another party (the seller of protection) in exchange for the right to receive a specified return if a credit event occurs for the referenced entity, obligation or index. As a seller of protection, a party will generally receive from the buyer of protection a premium in return for such protection and/or a fixed rate of income throughout the term of the swap if there is no credit event. As a buyer of protection, a party will generally pay the seller of protection a premium in return for such protection and/or a fixed rate of income throughout the term of the swap if there is no credit event.

A credit event is defined by the terms of each swap contract and may include, but is not limited to, underlying entity default, bankruptcy, restructuring, write-down, principal shortfall or interest shortfall. If a party is a seller or buyer of protection and a credit event occurs, as defined under the terms of that particular credit default swap contract, the party will either (i) pay or receive an amount equal to the notional amount of the referenced obligation agreement and take delivery or deliver the referenced obligation, other deliverable obligations or underlying securities comprising the referenced index or (ii) pay or receive a net settlement amount in the form of cash or securities equal to the notional amount of the swap contract less the recovery value of the referenced obligation or underlying securities comprising the referenced index.

Either as a seller of protection or a buyer of protection of a credit default swap contract, a party's maximum risk of loss from counterparty risk is the fair value of the contract. The maximum potential amount a party could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs is limited to the total notional amount which is defined under the terms of each swap contract. The potential amounts of loss realized as a seller would be partially offset by any recovery values of the respective referenced obligations, upfront payments received upon entering into the contract or net amounts received from the settlement of buy protection credit default swap contracts entered into for the same referenced entity or entities.

A Portfolio may engage in credit default swap contracts on credit indices ("CDX"). A credit index is a basket of credit instruments or exposures designed to represent a portion of the credit market. These indices consist of reference credits that are considered to be the liquid entities in the credit default swap market based on the index sector. Components of the indices may include, but are not limited to, investment grade securities, high yield securities, asset-backed securities and emerging market securities. These components can be determined based upon various credit ratings within each sector. Implied credit spreads, the prices, and resulting values for credit default swap contracts on credit indices serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. An index credit default swap references all the issuers in the index, and if there is a credit event, the credit event is settled based on that issuer's weight in the index. The composition of underlying indices may change periodically.

**Futures Contracts**

A Portfolio may buy or sell futures contracts relating to stock indices, foreign currencies, or interest rates. Stock index futures contracts are contracts developed by and traded on national commodity exchanges whereby the buyer will, on a specified future date, pay or receive a final cash payment equal to the difference between the actual value of the stock index on the last day of the contract and the value of the stock index established by the contract multiplied by the specific dollar amount set by the exchange. Futures contracts may be based on broad-based stock indices such as the S&P 500<sup>®</sup> Index or on narrow-based stock indices. A particular index will be selected pursuant to the investment strategy for the particular Portfolio. Foreign currency futures contracts are contracts traded on commodity exchanges whereby the buyer will, on a specified future date, pay or receive a final cash payment equal to the difference between the value of a stated foreign currency in relation to the U.S. dollar, or other currency, on the last day of the contract and the relative value of those currencies on the date of executing the contract. Foreign currency futures may be valued by exchange rates that are based on the relative value of a variety of foreign currencies. An interest rate futures contract is an agreement whereby one party agrees to sell and another party agrees to purchase a specified amount of a specified

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**Notes to Schedules of Investments (Continued)**

**March 31, 2026 (Unaudited)** 

financial instrument (debt security) at a specified price at a specified date, time and place. Although interest rate futures contracts typically require actual future delivery of and payment for financial instruments, the contracts are usually closed out before the delivery date. A public market exists in interest rate futures contracts covering primarily the following financial instruments: U.S. Treasury bonds; U.S. Treasury notes; Government National Mortgage Association ("GNMA") modified pass-through mortgage-backed securities; three-month U.S. Treasury bills; 90-day commercial paper; bank certificates of deposit; and Eurodollar certificates of deposit. U.S. futures contracts are traded on exchanges which have been designated "contract markets" by the Commodities Futures Trading Commission ("CFTC") and must be executed through a futures commission merchant ("FCM"), or brokerage firm, which is a member of the relevant contract market.

The Fund, on behalf of each Portfolio, has filed with the National Futures Association, a notice claiming an exclusion from the definition of the term "commodity pool operator" under the Commodity Exchange Act, as amended, and the rules of the CFTC promulgated thereunder, with respect to each Portfolio's operation. Accordingly, the Portfolios are not subject to registration or regulation as a commodity pool operator.

The buyer or seller of a futures contract is not required to deliver or pay for the underlying instrument unless the contract is held until the delivery date. However, both the buyer and seller are required to deposit "initial margin" for the benefit of the broker when the contract is entered into. Initial margin deposits are equal to a percentage of the contract's value, as set by the exchange on which the contract is traded, and are similar to good faith deposits or performance bonds.

Unlike margin extended by a securities broker, initial margin payments do not constitute purchasing securities on margin for purposes of a Portfolio's investment limitations. A Portfolio, its futures commission merchant and the Custodian retain control of the initial margin until the contract is liquidated. If the value of either party's position declines, the party on the side of the declining position will be required to make additional "variation margin" payments to settle the change in value on a daily basis. The party that has a gain may be entitled to receive all or a portion of this amount. Variation margin is recognized as a receivable and/or payable for variation margin on futures contracts on the Statement of Assets and Liabilities. In the event of a bankruptcy of the FCM that holds margin on behalf of a Portfolio, the Portfolio may be entitled to return of margin owed to the Portfolio only in proportion to the amount received by the FCM's other customers. CINV and the sub-advisers will attempt to minimize this risk by carefully monitoring the creditworthiness of the FCMs with which the Portfolios do business.

Portions of certain Portfolios' securities and cash holdings, as noted on those Portfolios' Schedules of Investments, were pledged at March 31, 2026 as collateral for the Portfolios' futures contracts. The futures contracts, except those held by the AVIP Constellation Dynamic Risk Balanced, AVIP Core Plus Bond, and AVIP Constellation Managed Risk Portfolios, were used for the purpose of gaining equity exposure for cash and cash equivalents, thereby seeking to lessen a performance difference between the Portfolios and their respective benchmark indices. For the AVIP Constellation Dynamic Risk Balanced and AVIP Constellation Managed Risk Portfolios, futures contracts were used to provide for the Portfolios' respective stated risk management strategies. For the AVIP Core Plus Bond Portfolio, futures contracts were used to manage total exposure to underlying investments, to manage interest rate risk, or to otherwise execute the Portfolio's stated investment strategy. There were other futures contracts executed and closed in the Portfolios during the three-month period ended March 31, 2026. Those contracts were executed for similar purposes as the contracts outstanding at March 31, 2026.

**(4)Federal Income Tax Information**

The cost basis for Federal income tax purposes may differ from the cost basis for financial reporting purposes. The table below details the unrealized appreciation (depreciation) and aggregate cost of investments at March 31, 2026 for federal income tax purposes.

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **AVIP Bond** | **AVIP BlackRock** <br> **Balanced** <br> **Allocation**<br>| **AVIP BlackRock** <br> **Advantage** <br> **International** <br> **Equity**<br>| **AVIP Fidelity** <br> **Institutional AM**<sup>®</sup> <br> **Equity Growth** <br>| **AVIP AB Small** <br> **Cap**<br>| **AVIP AB Mid Cap** <br> **Core**<br>|
| Gross unrealized: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Appreciation | $361698 | $68698452 | $45866422 | $25848199 | $31254646 | $13467169 |
| &nbsp;&nbsp;&nbsp; Depreciation | (11496759)<br>| (13942064)<br>| (21003666)<br>| (17640675)<br>| (24606537)<br>| (9429513)<br>|
| Net unrealized appreciation (depreciation) | $(11135061)<br>| $54756388 | $24862756 | $8207524 | $6648109 | $4037656 |
| Aggregate cost of investments: | $261122647 | $276224492 | $297566614 | $207956213 | $262088578 | $93970956 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(continued)*

------

**AuguStar Variable Insurance Products Fund, Inc.**

**Notes to Schedules of Investments (Continued)**

**March 31, 2026 (Unaudited)** 

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **AVIP S&P 500**<sup>®</sup> <br> **Index**<br>| **AVIP BlackRock** <br> **Advantage Large** <br> **Cap Value**<br>| **AVIP High Income** <br> **Bond**<br>| **AVIP** <br> **Nasdaq-100**<sup>®</sup> <br> **Index**<br>| **AVIP BlackRock** <br> **Advantage Large** <br> **Cap Core**<br>| **AVIP BlackRock** <br> **Advantage Small** <br> **Cap Growth**<br>|
| Gross unrealized: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Appreciation | $543953009 | $35142675 | $702439 | $96811283 | $87425023 | $21662407 |
| &nbsp;&nbsp;&nbsp; Depreciation | (38219908)<br>| (9291912)<br>| (2655498)<br>| (9930718)<br>| (10851747)<br>| (13948779)<br>|
| Net unrealized appreciation (depreciation) | $505733101 | $25850763 | $(1953059)<br>| $86880565 | $76573276 | $7713628 |
| Aggregate cost of investments: | $585942238 | $154063902 | $115766215 | $150578338 | $224525797 | $112627718 |

---

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **AVIP S&P MidCap** <br> **400**<sup>®</sup> **Index**<br>| **AVIP BlackRock** <br> **Advantage Large** <br> **Cap Growth**<br>| **AVIP** <br> **Constellation** <br> **Dynamic Risk** <br> **Balanced**<br>| **AVIP Core Plus** <br> **Bond**<br>| **AVIP Intech** <br> **U.S. Low Volatility**<br>| **AVIP AB Relative** <br> **Value**<br>|
| Gross unrealized: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Appreciation | $107954792 | $76377976 | $46808843 | $2413824 | $58131892 | $23125158 |
| &nbsp;&nbsp;&nbsp; Depreciation | (50088344)<br>| (16737065)<br>| (16247346)<br>| (28988664)<br>| (22838023)<br>| (4546171)<br>|
| Net unrealized appreciation (depreciation) | $57866448 | $59640911 | $30561497 | $(26574840)<br>| $35293869 | $18578987 |
| Aggregate cost of investments: | $445799835 | $348301008 | $1388310441 | $519195807 | $479253782 | $102565594 |

---

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **AVIP** <br> **Constellation** <br> **Managed Risk** <br> **Balanced**<br>| **AVIP** <br> **Constellation** <br> **Managed Risk** <br> **Moderate Growth**<br>| **AVIP** <br> **Constellation** <br> **Managed Risk** <br> **Growth**<br>| **AVIP Moderately** <br> **Conservative** <br> **Model**<br>| **AVIP Balanced** <br> **Model**<br>| **AVIP Moderate** <br> **Growth Model**<br>|
| Gross unrealized: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Appreciation | $66126152 | $46150514 | $96224666 | $9677219 | $60463211 | $158094539 |
| &nbsp;&nbsp;&nbsp; Depreciation | (7133772)<br>| (9575560)<br>| (2348708)<br>| (3483538)<br>| (6410430)<br>| (3451190)<br>|
| Net unrealized appreciation (depreciation) | $58992380 | $36574954 | $93875958 | $6193681 | $54052781 | $154643349 |
| Aggregate cost of investments: | $407253356 | $1112969742 | $290553735 | $148803284 | $593022489 | $1155028669 |

---

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

---

| | |
|:---|:---|
|  | **AVIP Growth** <br> **Model**<br>|
| Gross unrealized: |  |
| &nbsp;&nbsp;&nbsp; Appreciation | $47947646 |
| &nbsp;&nbsp;&nbsp; Depreciation | (38586)<br>|
| Net unrealized appreciation | $47909060 |
| Aggregate cost of investments: | $281807698 |

---

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AuguStar Variable Insurance Products Fund Inc

- **b. Investment Company Act file number:** 811-03015

- **c. CIK number of Registrant:** 0000315754

- **d. LEI of Registrant:** 5493003JP6LYED5W1C30

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

  - **Street Address 1:** One Financial Way

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45242

  - **Telephone number:** 283-209-8087

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

- **a. Name of Series:** AVIP AB Relative Value Portfolio

- **b. EDGAR series identifier (if any):** S000074393

- **c. LEI of Series:** 5493007X0AZMPHSCLS53

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $124114851.74

**Total Liabilities:** $104293.95

**Net Assets:** $124010557.79

**Cash Not Reported:** $2848567.29

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000232289 | 4.04%                | 2.64%                | -3.71%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1480408.87              | $3550095.29                                |
| Month 2  | $1253060.13              | $2068805.62                                |
| Month 3  | $1993319.29              | $-6975385.69                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Align Technology Inc.                          | ALIGN TECHNOLOGY INC COMMON STOCK USD.0001        | CUSIP: 016255101<br>LEI: 549300N5YSE0U3LCP840 | Long             | EC               | CORP              | US        |      4842 | NS      | $830064.06    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Allison Transmission Holdings Inc              | ALLISON TRANSMISSION HOLDING COMMON STOCK USD.01  | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |      8014 | NS      | $938118.84    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                                  | ALPHABET INC CL C COMMON STOCK USD.001            | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     11254 | NS      | $3228322.44   | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                                    | AMERISOURCEBERGEN CORP COMMON STOCK USD.01        | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      2923 | NS      | $918231.22    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| APA Corp.                                      | APA CORP COMMON STOCK USD.625                     | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |     29370 | NS      | $1246462.80   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.                        | BERKSHIRE HATHAWAY INC CL B COMMON STOCK USD.0033 | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     10030 | NS      | $4806376.00   | 3.88%             |  |  |  | No            |                  1 | On Loan: No      |
| BorgWarner Inc.                                | BORGWARNER INC COMMON STOCK USD.01                | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |     10850 | NS      | $588721.00    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles River Laboratories International, Inc. | CHARLES RIVER LABORATORIES COMMON STOCK USD.01    | CUSIP: 159864107<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | EC               | CORP              | US        |      8680 | NS      | $1497300.00   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                                  | CHEVRON CORP COMMON STOCK USD.75                  | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16079 | NS      | $3326745.10   | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                            | CISCO SYSTEMS INC COMMON STOCK USD.001            | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     38542 | NS      | $2990473.78   | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                                 | CITIGROUP INC COMMON STOCK USD.01                 | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     15035 | NS      | $1705119.35   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                                 | CONOCOPHILLIPS COMMON STOCK USD.01                | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     13423 | NS      | $1771836.00   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Curtiss-Wright Corp.                           | CURTISS WRIGHT CORP COMMON STOCK USD1.0           | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |      1109 | NS      | $755362.08    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Dick's Sporting Goods, Inc.                    | DICK S SPORTING GOODS INC COMMON STOCK USD.01     | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               | CORP              | US        |      8023 | NS      | $1590880.67   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Company                            | WALT DISNEY CO/THE COMMON STOCK USD.01            | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     17972 | NS      | $1732141.36   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc.                             | EOG RESOURCES INC COMMON STOCK USD.01             | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     16745 | NS      | $2420824.65   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp Inc                          | EAST WEST BANCORP INC COMMON STOCK USD.001        | CUSIP: 27579R104<br>LEI: 254900O4X656YXFOYB11 | Long             | EC               | CORP              | US        |      8782 | NS      | $937566.32    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                             | FACEBOOK INC CLASS A COMMON STOCK USD.000006      | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      3350 | NS      | $1916635.50   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Healthcare Technologies Inc.                | GE HEALTHCARE TECHNOLOGY COMMON STOCK             | CUSIP: 36266G107<br>LEI: 549300OI9J7XOWZMUN85 | Long             | EC               | CORP              | US        |     18137 | NS      | $1290991.66   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| NVent Electric PLC                             | NVENT ELECTRIC PLC COMMON STOCK USD.01            | CUSIP: G6700G107<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |      5353 | NS      | $633152.84    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Flex Ltd.                                      | FLEX LTD COMMON STOCK                             | CUSIP: Y2573F102<br>LEI: 549300EAQH74YHD07T53 | Long             | EC               | CORP              | SG        |      6947 | NS      | $454750.62    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Jones Lang LaSalle Incorporated                | JONES LANG LASALLE INC COMMON STOCK USD.01        | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |      3913 | NS      | $1190804.16   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Landstar System Inc.                           | LANDSTAR SYSTEM INC COMMON STOCK USD.01           | CUSIP: 515098101<br>LEI: 254900CUQXQRL09MEI52 | Long             | EC               | CORP              | US        |     10044 | NS      | $1610153.64   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowes Companies, Inc.                          | LOWE S COS INC COMMON STOCK USD.5                 | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |     11292 | NS      | $2668073.76   | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Owens Corning                                  | OWENS CORNING COMMON STOCK USD.001                | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               | CORP              | US        |      9920 | NS      | $1073542.40   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Paccar Inc                                     | PACCAR INC COMMON STOCK USD1.0                    | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |     15571 | NS      | $1798450.50   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Paycom Software Inc                            | PAYCOM SOFTWARE INC COMMON STOCK USD.01           | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |      4793 | NS      | $582541.22    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc.               | PHILIP MORRIS INTERNATIONAL COMMON STOCK          | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     22183 | NS      | $3667737.22   | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips 66                                    | PHILLIPS 66 COMMON STOCK                          | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |      3530 | NS      | $643095.40    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Pool Corporation                               | POOL CORP COMMON STOCK USD.001                    | CUSIP: 73278L105<br>LEI: 5493005VZK1KMN6CO617 | Long             | EC               | CORP              | US        |      5696 | NS      | $1152471.68   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| The Progressive Corporation                    | PROGRESSIVE CORP COMMON STOCK USD1.0              | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |      5696 | NS      | $1129175.04   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                                 | PUBLIC STORAGE REIT USD.1                         | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               | CORP              | US        |      3596 | NS      | $974084.48    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics Incorporated                 | QUEST DIAGNOSTICS INC COMMON STOCK USD.01         | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |      9280 | NS      | $1818694.40   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Raymond James Financial Inc.                   | RAYMOND JAMES FINANCIAL INC COMMON STOCK USD.01   | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |      6790 | NS      | $983124.10    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp.                                      | RAYTHEON TECHNOLOGIES CORP COMMON STOCK USD1.0    | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     23882 | NS      | $4606837.80   | 3.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals, Inc.                | REGENERON PHARMACEUTICALS COMMON STOCK USD.001    | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |      2920 | NS      | $2256108.80   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| ResMed Inc.                                    | RESMED INC COMMON STOCK USD.004                   | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |      5778 | NS      | $1297045.44   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ross Stores Inc                                | ROSS STORES INC COMMON STOCK USD.01               | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |      7937 | NS      | $1719392.31   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                                 | S+P GLOBAL INC COMMON STOCK USD1.0                | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      1277 | NS      | $543159.18    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc.                                | SALESFORCE.COM INC COMMON STOCK USD.001           | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      3400 | NS      | $634678.00    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB Ltd.                                       | SCHLUMBERGER LTD COMMON STOCK USD.01              | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |     18276 | NS      | $939203.64    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics, Inc.                           | STEEL DYNAMICS INC COMMON STOCK USD.005           | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |      7409 | NS      | $1333620.00   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co., Ltd.   | TAIWAN SEMICONDUCTOR SP ADR ADR                   | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |      7152 | NS      | $2417018.40   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp.                                   | TARGET CORP COMMON STOCK USD.0833                 | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |      9186 | NS      | $1113343.20   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc.                         | TEXAS INSTRUMENTS INC COMMON STOCK USD1.0         | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     13275 | NS      | $2577208.50   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| US Foods Holding Corp                          | US FOODS HOLDING CORP COMMON STOCK USD.01         | CUSIP: 912008109<br>LEI: 549300UGOZSO64CFPR97 | Long             | EC               | CORP              | US        |     10605 | NS      | $977887.05    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| United Therapeutics Corporation                | UNITED THERAPEUTICS CORP COMMON STOCK USD.01      | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |      1888 | NS      | $1119546.24   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Generac Holdings Inc.                          | GENERAC HOLDINGS INC COMMON STOCK USD.01          | CUSIP: 368736104<br>LEI: 529900S2H2AHJHSFFI84 | Long             | EC               | CORP              | US        |      4332 | NS      | $846169.56    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Genuine Parts Co                               | GENUINE PARTS CO COMMON STOCK USD1.0              | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |      5686 | NS      | $601294.50    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc.                           | GILEAD SCIENCES INC COMMON STOCK USD.001          | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     13229 | NS      | $1843725.73   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare Inc                             | HCA HEALTHCARE INC COMMON STOCK USD.01            | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |      2228 | NS      | $1054378.72   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Henry Jack & Associates Inc.                   | JACK HENRY + ASSOCIATES INC COMMON STOCK USD.01   | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Long             | EC               | CORP              | US        |      8901 | NS      | $1406714.04   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| J. B. Hunt Transport Services, Inc.            | HUNT (JB) TRANSPRT SVCS INC COMMON STOCK USD.01   | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |      4804 | NS      | $1017967.60   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| ITT Inc                                        | ITT INC COMMON STOCK USD1.0                       | CUSIP: 45073V108<br>LEI: 549300KDSERHTJOXUS80 | Long             | EC               | CORP              | US        |      7970 | NS      | $1518524.10   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                           | JPMORGAN CHASE + CO COMMON STOCK USD1.0           | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     14413 | NS      | $4239728.08   | 3.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                              | JOHNSON + JOHNSON COMMON STOCK USD1.0             | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     21988 | NS      | $5374746.72   | 4.33%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                                       | AT+T INC COMMON STOCK USD1.0                      | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     59651 | NS      | $1729282.49   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilent Technologies Inc.                      | AGILENT TECHNOLOGIES INC COMMON STOCK USD.01      | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |     16158 | NS      | $1841688.84   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| MSC Industrial Direct Co Inc.                  | MSC INDUSTRIAL DIRECT CO A COMMON STOCK USD.001   | CUSIP: 553530106<br>LEI: 0XVKH0LN6YGOWO2EGO17 | Long             | EC               | CORP              | US        |     10290 | NS      | $949458.30    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated                        | MASTERCARD INC   A COMMON STOCK USD.0001          | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      3489 | NS      | $1743313.74   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp Inc.                                    | NETAPP INC COMMON STOCK USD.001                   | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |     11063 | NS      | $1132740.57   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Otis Worldwide Corp.                           | OTIS WORLDWIDE CORP COMMON STOCK USD.01           | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |      9655 | NS      | $744207.40    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc.                        | UNITEDHEALTH GROUP INC COMMON STOCK USD.01        | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      8334 | NS      | $2255097.06   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp.                                  | VERALTO CORP COMMON STOCK USD.01                  | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |     18627 | NS      | $1646999.34   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Wabtec Corp                                    | WABTEC CORP COMMON STOCK USD.01                   | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |      5409 | NS      | $1351763.19   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                                    | WALMART INC COMMON STOCK USD.1                    | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     25152 | NS      | $3125890.56   | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co.                              | WELLS FARGO + CO COMMON STOCK USD1.666            | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     21263 | NS      | $1692747.43   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum! Brands Inc.                               | YUM  BRANDS INC COMMON STOCK                      | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |     10542 | NS      | $1639070.16   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Zebra Technologies Corporation                 | ZEBRA TECHNOLOGIES CORP CL A COMMON STOCK USD.01  | CUSIP: 989207105<br>LEI: PO0I32GKZ3HZMMDPZZ08 | Long             | EC               | CORP              | US        |      5457 | NS      | $1140949.56   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegion PLC                                   | ALLEGION PLC COMMON STOCK USD.01                  | CUSIP: G0176J109<br>LEI: 984500560CAC2E6FB757 | Long             | EC               | CORP              | IE        |      5622 | NS      | $816820.38    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| AXIS Capital Holdings Limited                  | AXIS CAPITAL HOLDINGS LTD COMMON STOCK USD.0125   | CUSIP: G0692U109<br>LEI: 635400VD2NQBYAHMEM55 | Long             | EC               | CORP              | BM        |     11791 | NS      | $1195725.31   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings, Inc.                   | CF INDUSTRIES HOLDINGS INC COMMON STOCK USD.01    | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |      3966 | NS      | $514945.44    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corporation                                | CSX CORP COMMON STOCK USD1.0                      | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |     32146 | NS      | $1319593.30   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Cactus Inc                                     | CACTUS INC   A COMMON STOCK USD.01                | CUSIP: 127203107<br>LEI: 549300J3T8C9F8QFKV08 | Long             | EC               | CORP              | US        |     15399 | NS      | $729450.63    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey'S General Stores Inc.                    | CASEY S GENERAL STORES INC COMMON STOCK NPV       | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |      1717 | NS      | $1249735.62   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-29

**Name of Applicant:** AuguStar Variable Insurance Products Fund Inc

**Signature:** Matthew J. Donlan

**Name of Signer:** Matthew J. Donlan

**Title:** Treasurer