# EDGAR Filing Document

**Accession Number:** 0000719269
**File Stem:** 0001752724-25-200795
**Filing Date:** 2025-8
**Character Count:** 41838
**Document Hash:** ca0ebcc56342455d28a7f4cf8adad0cf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-200795.hdr.sgml**: 20250825

**ACCESSION NUMBER**: 0001752724-25-200795

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250825

**DATE AS OF CHANGE**: 20250825

**PERIOD START**: 20251231

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03732
- **FILM NUMBER:** 251248096

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

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

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

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

## Series and Classes Contracts Data

### MFS Research International Portfolio (Series ID: S000002646)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000007261 | Initial Class |  |
| C000007262 | Service Class |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** MFS VARIABLE INSURANCE TRUST II

- **b. Investment Company Act file number:** 811-03732

- **c. CIK number of Registrant:** 0000719269

- **d. LEI of Registrant:** LQOFLJQP174GQBC84T87

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

  - **Street Address 1:** 111 HUNTINGTON AVENUE

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02199

  - **Telephone number:** 617-954-5000

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

- **a. Name of Series:** MFS Research International Portfolio

- **b. EDGAR series identifier (if any):** S000002646

- **c. LEI of Series:** X2VCGKUPS3KBELF38X91

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

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

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $531696378.76

**Total Liabilities:** $3166726.39

**Net Assets:** $528529652.37

**Cash Not Reported:** $263897.68

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000007261 | 3.01%                | 5.08%                | 2.16%                |
| Class ID C000007262 | 3.00%                | 5.00%                | 2.20%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2451169.38              | $11031261.64                               |
| Month 2  | $1445509.61              | $21082992.63                               |
| Month 3  | $5014342.55              | $6064210.51                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| LVMH Moet Hennessy Louis Vuitton SE          | LVMH Moet Hennessy Louis Vuitton SE          | CUSIP: 000000000<br>LEI: IOG4E947OATN0KJYSD45 | Long             | EC               | CORP              | FR        |     13696 | NS      | $7172826.09   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Weir Group PLC/The                           | Weir Group PLC/The                           | CUSIP: 000000000<br>LEI: 549300KDR56WHY9I3D10 | Long             | EC               | CORP              | GB        |    102274 | NS      | $3495620.70   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| LEG Immobilien SE                            | LEG Immobilien SE                            | CUSIP: 000000000<br>LEI: 391200SO40AKONBO0Z96 | Long             | EC               | CORP              | DE        |     23124 | NS      | $2052453.44   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| SMC Corp                                     | SMC Corp                                     | CUSIP: 000000000<br>LEI: 353800O40V08DOZ70X62 | Long             | EC               | CORP              | JP        |      3800 | NS      | $1373230.10   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Aristocrat Leisure Ltd                       | Aristocrat Leisure Ltd                       | CUSIP: 000000000<br>LEI: 529900TE2HO3OZKYKC27 | Long             | EC               | CORP              | AU        |     48319 | NS      | $2072481.58   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                              | ASML Holding NV                              | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |     10589 | NS      | $8451921.24   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| British American Tobacco PLC                 | British American Tobacco PLC                 | CUSIP: 000000000<br>LEI: 213800FKA5MF17RJKT63 | Long             | EC               | CORP              | GB        |    159451 | NS      | $7579480.71   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi UFJ Financial Group Inc           | Mitsubishi UFJ Financial Group Inc           | CUSIP: 000000000<br>LEI: 353800V2V8PUY9TK3E06 | Long             | EC               | CORP              | JP        |    578600 | NS      | $7967527.52   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Disco Corp                                   | Disco Corp                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      4000 | NS      | $1184125.55   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Amadeus IT Group SA                          | Amadeus IT Group SA                          | CUSIP: 000000000<br>LEI: 9598004A3FTY3TEHHN09 | Long             | EC               | CORP              | ES        |     61217 | NS      | $5154466.03   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Olympus Corp                                 | Olympus Corp                                 | CUSIP: 000000000<br>LEI: 5299000Y52IFDI1I2A21 | Long             | EC               | CORP              | JP        |     43900 | NS      | $522818.65    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Software Inc/Canada            | Constellation Software Inc/Canada            | CUSIP: 21037X100<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |      1998 | NS      | $7326171.18   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| CLP Holdings Ltd                             | CLP Holdings Ltd                             | CUSIP: 000000000<br>LEI: 25490002BUTSMP94GO68 | Long             | EC               | CORP              | HK        |    196500 | NS      | $1654615.63   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP Paribas SA                               | BNP Paribas SA                               | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EC               | CORP              | FR        |     94928 | NS      | $8534140.50   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Group Corp                              | Sony Group Corp                              | CUSIP: 000000000<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |    230800 | NS      | $5978153.54   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Jeronimo Martins SGPS SA                     | Jeronimo Martins SGPS SA                     | CUSIP: 000000000<br>LEI: 259400A8SZP10GB5IB19 | Long             | EC               | CORP              | PT        |     93867 | NS      | $2375058.50   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Renesas Electronics Corp                     | Renesas Electronics Corp                     | CUSIP: 000000000<br>LEI: 5299000EPC47VJQOFB81 | Long             | EC               | CORP              | JP        |     56500 | NS      | $701909.66    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Capcom Co Ltd                                | Capcom Co Ltd                                | CUSIP: 000000000<br>LEI: 529900JJWQKXS3TC8744 | Long             | EC               | CORP              | JP        |     45600 | NS      | $1562062.43   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd                   | Samsung Electronics Co Ltd                   | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |     63768 | NS      | $2825523.41   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology SA                        | Spotify Technology SA                        | CUSIP: 000000000<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | LU        |      6780 | NS      | $5202565.20   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Fujitsu Ltd                                  | Fujitsu Ltd                                  | CUSIP: 000000000<br>LEI: 3538000246DHJLRTUZ24 | Long             | EC               | CORP              | JP        |    164400 | NS      | $4012819.00   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| James Hardie Industries PLC                  | James Hardie Industries PLC                  | CUSIP: 000000000<br>LEI: 635400NSGXKTVOO7JU45 | Long             | EC               | CORP              | IE        |    148637 | NS      | $4079322.17   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Akzo Nobel NV                                | Akzo Nobel NV                                | CUSIP: 000000000<br>LEI: 724500XYIJUGXAA5QD70 | Long             | EC               | CORP              | NL        |     28892 | NS      | $2021581.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| GEA Group AG                                 | GEA Group AG                                 | CUSIP: 000000000<br>LEI: 549300PHUU0ZZWO8EO07 | Long             | EC               | CORP              | DE        |     65305 | NS      | $4569408.39   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Industries Ltd                      | Reliance Industries Ltd                      | CUSIP: 000000000<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               | CORP              | IN        |    174860 | NS      | $3059642.21   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Hitachi Ltd                                  | Hitachi Ltd                                  | CUSIP: 000000000<br>LEI: 549300T6IPOCDWLKC615 | Long             | EC               | CORP              | JP        |    460700 | NS      | $13452612.76  | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Next PLC                                     | Next PLC                                     | CUSIP: 000000000<br>LEI: 213800WQD8ECPZP9PH98 | Long             | EC               | CORP              | GB        |     19246 | NS      | $3286401.16   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Bradesco SA                            | Banco Bradesco SA                            | CUSIP: 059460303<br>LEI: 549300CTUU1RFXHQJE44 | Long             | EC               | CORP              | BR        |   1239649 | NS      | $3830515.41   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Thales SA                                    | Thales SA                                    | CUSIP: 000000000<br>LEI: 529900FNDVTQJOVVPZ19 | Long             | EC               | CORP              | FR        |     19272 | NS      | $5666285.64   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Roche Holding AG                             | Roche Holding AG                             | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |     41527 | NS      | $13523948.33  | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION SOFTWARE INC                   | CONSTELLATION SOFTWARE INC                   | CUSIP: 000000000<br>LEI: 549300B6PYHMCTDWQV29 | N/A              | DE               |  | CA        |      2868 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Daikin Industries Ltd                        | Daikin Industries Ltd                        | CUSIP: 000000000<br>LEI: 549300Y7FWSTSHMW5Y57 | Long             | EC               | CORP              | JP        |     33500 | NS      | $3960539.56   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors NV                        | NXP Semiconductors NV                        | CUSIP: 000000000<br>LEI: 724500M9BY5293JDF951 | Long             | EC               | CORP              | NL        |      6807 | NS      | $1487261.43   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies SE                             | TotalEnergies SE                             | CUSIP: 000000000<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |    129801 | NS      | $7966046.87   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S                             | Novo Nordisk A/S                             | CUSIP: 000000000<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |    128476 | NS      | $8917000.13   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| NatWest Group PLC                            | NatWest Group PLC                            | CUSIP: 000000000<br>LEI: 2138005O9XJIJN4JPN90 | Long             | EC               | CORP              | GB        |   1416913 | NS      | $9946347.35   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiichi Sankyo Co Ltd                        | Daiichi Sankyo Co Ltd                        | CUSIP: 000000000<br>LEI: 353800XGIU2IHQGC9504 | Long             | EC               | CORP              | JP        |    261100 | NS      | $6101187.46   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Alimentation Couche-Tard Inc                 | Alimentation Couche-Tard Inc                 | CUSIP: 01626P148<br>LEI: 549300OSW32RVX8CCZ87 | Long             | EC               | CORP              | CA        |     40352 | NS      | $2005821.10   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Kao Corp                                     | Kao Corp                                     | CUSIP: 000000000<br>LEI: 353800HM38HFCB8RGL63 | Long             | EC               | CORP              | JP        |     83100 | NS      | $3726097.70   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| APA Group                                    | APA Group                                    | CUSIP: 000000000<br>LEI: 549300T9RBSX164T8H40 | Long             | EC               | CORP              | AU        |    270675 | NS      | $1455443.07   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Bank Ltd                                | HDFC Bank Ltd                                | CUSIP: 000000000<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |    256019 | NS      | $5975070.30   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Willis Towers Watson PLC                     | Willis Towers Watson PLC                     | CUSIP: 000000000<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | IE        |     12279 | NS      | $3763513.50   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Spirax Group PLC                             | Spirax Group PLC                             | CUSIP: 000000000<br>LEI: 213800WFVZQMHOZP2W17 | Long             | EC               | CORP              | GB        |     33304 | NS      | $2722311.87   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Info Service PCL                    | Advanced Info Service PCL                    | CUSIP: 000000000<br>LEI: 529900DU2YW1NO5RMU78 | Long             | EC               | CORP              | TH        |    306900 | NS      | $2615028.26   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Cie Financiere Richemont SA                  | Cie Financiere Richemont SA                  | CUSIP: 000000000<br>LEI: 549300YIPGJ6UX2QPS51 | Long             | EC               | CORP              | CH        |     34398 | NS      | $6479023.38   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| MTU Aero Engines AG                          | MTU Aero Engines AG                          | CUSIP: 000000000<br>LEI: 529900807L67JY81RD65 | Long             | EC               | CORP              | DE        |     16733 | NS      | $7434856.50   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                                    | Linde PLC                                    | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |     24392 | NS      | $11444238.56  | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsui & Co Ltd                              | Mitsui & Co Ltd                              | CUSIP: 000000000<br>LEI: 2NRSB4GOU9DD6CNW5R48 | Long             | EC               | CORP              | JP        |    202100 | NS      | $4135889.03   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Symrise AG                                   | Symrise AG                                   | CUSIP: 000000000<br>LEI: 529900D82I6R9601CF26 | Long             | EC               | CORP              | DE        |     35042 | NS      | $3679498.33   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Beazley PLC                                  | Beazley PLC                                  | CUSIP: 000000000<br>LEI: 213800VTOMUWD41GIT12 | Long             | EC               | CORP              | GB        |    562602 | NS      | $7220588.51   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Techtronic Industries Co Ltd                 | Techtronic Industries Co Ltd                 | CUSIP: 000000000<br>LEI: 549300HZW2SBE758OK89 | Long             | EC               | CORP              | HK        |    323000 | NS      | $3550965.29   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Cellnex Telecom SA                           | Cellnex Telecom SA                           | CUSIP: 000000000<br>LEI: 5493008T4YG3AQUI7P67 | Long             | EC               | CORP              | ES        |    103017 | NS      | $3998447.64   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle SA                                    | Nestle SA                                    | CUSIP: 000000000<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |    111776 | NS      | $11105050.20  | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Wolters Kluwer NV                            | Wolters Kluwer NV                            | CUSIP: 000000000<br>LEI: 724500TEM53I0U077B74 | Long             | EC               | CORP              | NL        |     29429 | NS      | $4920825.87   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Fire & Marine Insurance Co Ltd       | Samsung Fire & Marine Insurance Co Ltd       | CUSIP: 000000000<br>LEI: 988400JMBDK47EW0Z936 | Long             | EC               | CORP              | KR        |      6599 | NS      | $2122085.06   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Pan Pacific International Holdings Corp      | Pan Pacific International Holdings Corp      | CUSIP: 000000000<br>LEI: 529900QLHJM2E18A5763 | Long             | EC               | CORP              | JP        |    152300 | NS      | $5244649.14   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| London Stock Exchange Group PLC              | London Stock Exchange Group PLC              | CUSIP: 000000000<br>LEI: 213800QAUUUP6I445N30 | Long             | EC               | CORP              | GB        |     40325 | NS      | $5886695.66   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Nomura Research Institute Ltd                | Nomura Research Institute Ltd                | CUSIP: 000000000<br>LEI: 5299005F1HCVF4M4QN79 | Long             | EC               | CORP              | JP        |     32600 | NS      | $1309161.49   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlas Copco AB                               | Atlas Copco AB                               | CUSIP: 000000000<br>LEI: 213800T8PC8Q4FYJZR07 | Long             | EC               | CORP              | SE        |    287611 | NS      | $4646634.18   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems Inc                   | Cadence Design Systems Inc                   | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |     15540 | NS      | $4788651.00   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke KPN NV                           | Koninklijke KPN NV                           | CUSIP: 000000000<br>LEI: 549300YO0JZHAL7FVP81 | Long             | EC               | CORP              | NL        |    708970 | NS      | $3454104.59   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| China Resources Gas Group Ltd                | China Resources Gas Group Ltd                | CUSIP: 000000000<br>LEI: 529900A0E1J5JSOKEK83 | Long             | EC               | CORP              | BM        |    490200 | NS      | $1252047.47   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Ireland Group PLC                    | Bank of Ireland Group PLC                    | CUSIP: 000000000<br>LEI: 635400C8EK6DRI12LJ39 | Long             | EC               | CORP              | IE        |    549298 | NS      | $7819550.13   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Sika AG                                      | Sika AG                                      | CUSIP: 000000000<br>LEI: 549300R3N69ECGYPU434 | Long             | EC               | CORP              | CH        |     15045 | NS      | $4084306.51   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                               | Mastercard Inc                               | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     11489 | NS      | $6456128.66   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| CAR Group Ltd                                | CAR Group Ltd                                | CUSIP: 000000000<br>LEI: 5299009TFWZGH2AN7D11 | Long             | EC               | CORP              | AU        |     66860 | NS      | $1646626.78   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Shin-Etsu Chemical Co Ltd                    | Shin-Etsu Chemical Co Ltd                    | CUSIP: 000000000<br>LEI: 353800PX8Q64N86H5W41 | Long             | EC               | CORP              | JP        |    143900 | NS      | $4768520.54   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Novonesis Novozymes B                        | Novonesis Novozymes B                        | CUSIP: 000000000<br>LEI: 529900T6WNZXD2R3JW38 | Long             | EC               | CORP              | DK        |     43863 | NS      | $3144770.21   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Hellenic Telecommunications Organization SA  | Hellenic Telecommunications Organization SA  | CUSIP: 000000000<br>LEI: ELPUFM0XZRZO4LFXW404 | Long             | EC               | CORP              | GR        |     44941 | NS      | $854423.84    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Galp Energia SGPS SA                         | Galp Energia SGPS SA                         | CUSIP: 000000000<br>LEI: 2138003319Y7NM75FG53 | Long             | EC               | CORP              | PT        |    274113 | NS      | $5027422.00   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| ABN AMRO Bank NV                             | ABN AMRO Bank NV                             | CUSIP: 000000000<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | EC               | CORP              | NL        |    302291 | NS      | $8275389.36   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Legrand SA                                   | Legrand SA                                   | CUSIP: 000000000<br>LEI: 969500XXRPGD7HCAFA90 | Long             | EC               | CORP              | FR        |     52374 | NS      | $7002267.55   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| MFS Institutional Money Market Portfolio     | MFS Institutional Money Market Portfolio     | CUSIP: 55291X109<br>LEI: 5L2W638H85N8T1136O07 | Long             | EC               | RF                | US        |   9879783 | NS      | $9880770.65   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| CSL Ltd                                      | CSL Ltd                                      | CUSIP: 000000000<br>LEI: 529900ECSECK5ZDQTE14 | Long             | EC               | CORP              | AU        |     30434 | NS      | $4796818.71   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Julius Baer Group Ltd                        | Julius Baer Group Ltd                        | CUSIP: 000000000<br>LEI: 5299007MF0604ZGJER92 | Long             | EC               | CORP              | CH        |    100574 | NS      | $6799154.78   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Suzuki Motor Corp                            | Suzuki Motor Corp                            | CUSIP: 000000000<br>LEI: 353800D83H0V3ZV1SV24 | Long             | EC               | CORP              | JP        |    307200 | NS      | $3718270.89   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Burberry Group PLC                           | Burberry Group PLC                           | CUSIP: 000000000<br>LEI: 213800PE1KEFCNFR1R50 | Long             | EC               | CORP              | GB        |     79026 | NS      | $1282174.66   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| E.ON SE                                      | E.ON SE                                      | CUSIP: 000000000<br>LEI: Q9MAIUP40P25UFBFG033 | Long             | EC               | CORP              | DE        |    194704 | NS      | $3583620.36   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Eni SpA                                      | Eni SpA                                      | CUSIP: 000000000<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | EC               | CORP              | IT        |    297311 | NS      | $4818995.35   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| QIAGEN NV                                    | QIAGEN NV                                    | CUSIP: 000000000<br>LEI: 54930036WK3GMCN17Z57 | Long             | EC               | CORP              | NL        |     95409 | NS      | $4594946.32   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                                      | Aon PLC                                      | CUSIP: 000000000<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | IE        |     16213 | NS      | $5784149.88   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| B3 SA - Brasil Bolsa Balcao                  | B3 SA - Brasil Bolsa Balcao                  | CUSIP: 000000000<br>LEI: 4GTK5S46E6H318LMDS44 | Long             | EC               | CORP              | BR        |   1442000 | NS      | $3869680.29   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Euronext NV                                  | Euronext NV                                  | CUSIP: 000000000<br>LEI: 724500QJ4QSZ3H9QU415 | Long             | EC               | CORP              | NL        |     61023 | NS      | $10430090.16  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Sompo Holdings Inc                           | Sompo Holdings Inc                           | CUSIP: 000000000<br>LEI: 353800CWW4SRGEYEB512 | Long             | EC               | CORP              | JP        |    109900 | NS      | $3315964.72   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Hiscox Ltd                                   | Hiscox Ltd                                   | CUSIP: 000000000<br>LEI: 5493007JXOLJ0QCY2D70 | Long             | EC               | CORP              | BM        |    246530 | NS      | $4246911.54   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanofi SA                                    | Sanofi SA                                    | CUSIP: 000000000<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |     56300 | NS      | $5452053.87   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Electric Corp                     | Mitsubishi Electric Corp                     | CUSIP: 000000000<br>LEI: 549300TRXM9Y6561AX39 | Long             | EC               | CORP              | JP        |    304800 | NS      | $6584721.36   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Capgemini SE                                 | Capgemini SE                                 | CUSIP: 000000000<br>LEI: 96950077L0TN7BAROX36 | Long             | EC               | CORP              | FR        |     10023 | NS      | $1712547.24   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays PLC                                 | Barclays PLC                                 | CUSIP: 000000000<br>LEI: 213800LBQA1Y9L22JB70 | Long             | EC               | CORP              | GB        |   2245664 | NS      | $10397306.13  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Toyota Industries Corp                       | Toyota Industries Corp                       | CUSIP: 000000000<br>LEI: 35380000WKGEAHEMW830 | Long             | EC               | CORP              | JP        |     37000 | NS      | $4188049.03   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck KGaA                                   | Merck KGaA                                   | CUSIP: 000000000<br>LEI: 529900OAREIS0MOPTW25 | Long             | EC               | CORP              | DE        |     29922 | NS      | $3877130.32   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| RB Global Inc                                | RB Global Inc                                | CUSIP: 74935Q107<br>LEI: 5493002H8U24DJXQ4886 | Long             | EC               | CORP              | CA        |     37481 | NS      | $3981917.58   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Diageo PLC                                   | Diageo PLC                                   | CUSIP: 000000000<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |    196160 | NS      | $4922053.81   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Cie Generale des Etablissements Michelin SCA | Cie Generale des Etablissements Michelin SCA | CUSIP: 000000000<br>LEI: 549300SOSI58J6VIW052 | Long             | EC               | CORP              | FR        |     81418 | NS      | $3024887.41   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Yamaha Corp                                  | Yamaha Corp                                  | CUSIP: 000000000<br>LEI: 529900S5TENP3IJS7S02 | Long             | EC               | CORP              | JP        |    129200 | NS      | $935321.69    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Terumo Corp                                  | Terumo Corp                                  | CUSIP: 000000000<br>LEI: 353800JX1R4582QVK932 | Long             | EC               | CORP              | JP        |    135200 | NS      | $2487969.17   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Glencore PLC                                 | Glencore PLC                                 | CUSIP: 000000000<br>LEI: 2138002658CPO9NBH955 | Long             | EC               | CORP              | JE        |    969778 | NS      | $3775185.25   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Erste Group Bank AG                          | Erste Group Bank AG                          | CUSIP: 000000000<br>LEI: PQOH26KWDF7CG10L6792 | Long             | EC               | CORP              | AT        |     34026 | NS      | $2897852.60   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd    | Taiwan Semiconductor Manufacturing Co Ltd    | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    197804 | NS      | $7177606.46   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| KDDI Corp                                    | KDDI Corp                                    | CUSIP: 000000000<br>LEI: 5299003FU7V4I45FU310 | Long             | EC               | CORP              | JP        |    306700 | NS      | $5281872.16   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ConvaTec Group PLC                           | ConvaTec Group PLC                           | CUSIP: 000000000<br>LEI: 213800LS272L4FIDOH92 | Long             | EC               | CORP              | GB        |   1125796 | NS      | $4456713.03   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Sands China Ltd                              | Sands China Ltd                              | CUSIP: 000000000<br>LEI: 549300EVO6UZDGY05787 | Long             | EC               | CORP              | KY        |    513200 | NS      | $1068247.31   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| National Grid PLC                            | National Grid PLC                            | CUSIP: 000000000<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | EC               | CORP              | GB        |    449593 | NS      | $6550874.10   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| AIA Group Ltd                                | AIA Group Ltd                                | CUSIP: 000000000<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |    474800 | NS      | $4258106.10   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Taisei Corp                                  | Taisei Corp                                  | CUSIP: 000000000<br>LEI: 529900TF7XJKIOWMLQ79 | Long             | EC               | CORP              | JP        |     47000 | NS      | $2741571.47   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryanair Holdings PLC                         | Ryanair Holdings PLC                         | CUSIP: 783513203<br>LEI: 635400BR2ROC1FVEBQ56 | Long             | EC               | CORP              | IE        |     59122 | NS      | $3409565.74   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Croda International PLC                      | Croda International PLC                      | CUSIP: 000000000<br>LEI: 2138004WCNBFJEEOXV26 | Long             | EC               | CORP              | GB        |     73689 | NS      | $2957602.09   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider Electric SE                        | Schneider Electric SE                        | CUSIP: 000000000<br>LEI: 969500A1YF1XUYYXS284 | Long             | EC               | CORP              | FR        |     57704 | NS      | $15348182.42  | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Denso Corp                                   | Denso Corp                                   | CUSIP: 000000000<br>LEI: 549300RYPA10CQM3QK38 | Long             | EC               | CORP              | JP        |     96600 | NS      | $1308414.99   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Kirin Holdings Co Ltd                        | Kirin Holdings Co Ltd                        | CUSIP: 000000000<br>LEI: 353800GBVL72LLMTYM96 | Long             | EC               | CORP              | JP        |    181500 | NS      | $2545323.08   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Whitbread PLC                                | Whitbread PLC                                | CUSIP: 000000000<br>LEI: 21380099VMZKRMN3EX36 | Long             | EC               | CORP              | GB        |     55117 | NS      | $2135778.26   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Heineken NV                                  | Heineken NV                                  | CUSIP: 000000000<br>LEI: 724500K5PTPSST86UQ23 | Long             | EC               | CORP              | NL        |     45644 | NS      | $3979787.40   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-15

**Name of Applicant:** MFS VARIABLE INSURANCE TRUST II

**Signature:** James Byrne

**Name of Signer:** James Byrne

**Title:** Assistant Treasurer