# EDGAR Filing Document

**Accession Number:** 0001064046
**File Stem:** 0001752724-25-209236
**Filing Date:** 2025-8
**Character Count:** 7512
**Document Hash:** b9d75ac2a71d6628447a8c3e1094628e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-209236.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001752724-25-209236

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RYDEX VARIABLE TRUST
- **CENTRAL INDEX KEY:** 0001064046

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08821
- **FILM NUMBER:** 251264201

**BUSINESS ADDRESS:**
- **STREET 1:** 702 KING FARM BOULEVARD
- **STREET 2:** SUITE 200
- **CITY:** ROCKVILLE
- **STATE:** MD
- **ZIP:** 20850
- **BUSINESS PHONE:** 301-296-5100

**MAIL ADDRESS:**
- **STREET 1:** 702 KING FARM BOULEVARD
- **STREET 2:** SUITE 200
- **CITY:** ROCKVILLE
- **STATE:** MD
- **ZIP:** 20850

## Series and Classes Contracts Data

### Strengthening Dollar 2x Strategy Fund (Series ID: S000003733)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000010402 | Variable Annuity |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Rydex Variable Trust

- **b. Investment Company Act file number:** 811-08821

- **c. CIK number of Registrant:** 0001064046

- **d. LEI of Registrant:** 549300LJH0YR8RY3N305

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

  - **Street Address 1:** 702 King Farm Blvd., Suite 200

  - **City:** Rockville

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 20850

  - **Telephone number:** 301-296-5100

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

- **a. Name of Series:** Strengthening Dollar 2x Strategy Fund

- **b. EDGAR series identifier (if any):** S000003733

- **c. LEI of Series:** 549300X8NILLL6VH2458

**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:** $1221058.15

**Total Liabilities:** $30516.53

**Net Assets:** $1190541.62

**Cash Not Reported:** $0.96

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 2.10401730 | **1-Year:** 2.50351754 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000010402 | -8.25%               | -0.18%               | -4.67%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-203.71                                   |
| Month 2  | $0.00                    | $-121.63                                   |
| Month 3  | $-5.58                   | $68.90                                     |

**Designated Index Information**

- **Index Name:** U.S. Dollar Index

- **Index Identifier:** US0RISPROX

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| FED HOME LN DISCOUNT NT     | Federal Home Loan Bank              | CUSIP: 313385HY5<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    200000 | PA      | $199792.50    | 16.78%            | 2025-07-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC DISCOUNT NT     | Freddie Mac                         | CUSIP: 313397HQ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |    100000 | PA      | $99988.25     | 8.40%             | 2025-07-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL FARM CREDIT BANK    | Federal Farm Credit Bank            | CUSIP: 3133ER4U2<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |    136000 | PA      | $135910.92    | 11.42%            | 2026-02-27      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL               | U.S. Treasury Bills                 | CUSIP: 912797PU5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    150000 | PA      | $150000.00    | 12.60%            | 2025-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL               | U.S. Treasury Bills                 | CUSIP: 912797PZ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     37000 | PA      | $36970.18     | 3.11%             | 2025-07-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ICE Futures US Currencies   | U.S. Dollar Index Futures Contracts | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |        17 | NC      | $-17662.03    | -1.48%            |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs International | U.S. Dollar Index                   | CUSIP: N/A<br>LEI: W22LROWP2IHZNBB6K528       | N/A              | DFE              |  | US        |      7076 | NC      | $-7328.01     | -0.62%            |  |  |  | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.       | BofA Securities, Inc.               | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Long             | RA               | CORP              | US        |    138233 | PA      | $138233.05    | 11.61%            |  |  |  | No            |                  2 | On Loan: No      |
| BARCLAYS CAPITAL INC.       | Barclays Capital, Inc.              | CUSIP: N/A<br>LEI: AC28XWWI3WIBK2824319       | Long             | RA               | CORP              | US        |    143154 | PA      | $143154.00    | 12.02%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES LLC  | J.P. Morgan Securities LLC          | CUSIP: N/A<br>LEI: ZBUT11V806EZRVTWT807       | Long             | RA               | CORP              | US        |    331759 | PA      | $331759.34    | 27.87%            |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

**Name of Applicant:** Rydex Variable Trust

**Signature:** James Howley

**Name of Signer:** James Howley

**Title:** CFO