# EDGAR Filing Document

**Accession Number:** 0000896435
**File Stem:** 0000896435-25-000144
**Filing Date:** 2025-11
**Character Count:** 62085
**Document Hash:** 0f3de2a2cdbbbbf7d7b27f4ac4bcbbb4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000896435-25-000144.hdr.sgml**: 20251128

**ACCESSION NUMBER**: 0000896435-25-000144

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251128

**DATE AS OF CHANGE**: 20251128

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)
- **CENTRAL INDEX KEY:** 0000896435

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07452
- **FILM NUMBER:** 251534811

**BUSINESS ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046
- **BUSINESS PHONE:** 7136261919

**MAIL ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM VARIABLE INSURANCE FUNDS
- **DATE OF NAME CHANGE:** 20000719

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM VARIABLE INSURANCE FUNDS INC
- **DATE OF NAME CHANGE:** 19930714

## Series and Classes Contracts Data

### INVESCO V.I. COMSTOCK FUND (Series ID: S000027872)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000084641 | SERIES I     |  |
| C000084642 | SERIES II    |  |

## Nport-Ex

**Schedule of Investments**<sup>(a)</sup> 

*September 30, 2025*

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
| **Shares** | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests–96.52%** | **Common Stocks & Other Equity Interests–96.52%** | **Common Stocks & Other Equity Interests–96.52%** |
| **Aerospace & Defense–1.31%** | **Aerospace & Defense–1.31%** | **Aerospace & Defense–1.31%** |
| Textron, Inc. | 228223 | &nbsp;&nbsp; $19282561 |
| **Air Freight & Logistics–1.71%** | **Air Freight & Logistics–1.71%** | **Air Freight & Logistics–1.71%** |
| FedEx Corp. | 106482 | &nbsp;&nbsp; 25109520 |
| **Asset Management & Custody Banks–2.10%** | **Asset Management & Custody Banks–2.10%** | **Asset Management & Custody Banks–2.10%** |
| State Street Corp. | 265636 | &nbsp;&nbsp; 30816432 |
| **Biotechnology–0.42%** | **Biotechnology–0.42%** | **Biotechnology–0.42%** |
| Regeneron Pharmaceuticals, Inc. | 11061 | &nbsp;&nbsp; 6219268 |
| **Brewers–0.90%** | **Brewers–0.90%** | **Brewers–0.90%** |
| &nbsp;&nbsp;&nbsp; Anheuser-Busch InBev S.A./N.V. <br> (Belgium) | 219754 | &nbsp;&nbsp; 13136165 |
| **Broadline Retail–1.38%** | **Broadline Retail–1.38%** | **Broadline Retail–1.38%** |
| eBay, Inc. | 222391 | &nbsp;&nbsp; 20226461 |
| **Building Products–1.54%** | **Building Products–1.54%** | **Building Products–1.54%** |
| Johnson Controls International PLC | 205840 | &nbsp;&nbsp; 22632108 |
| **Cable & Satellite–2.02%** | **Cable & Satellite–2.02%** | **Cable & Satellite–2.02%** |
| &nbsp;&nbsp;&nbsp; Charter Communications, Inc., <br> Class A<sup>(b)</sup>  | 66928 | &nbsp;&nbsp; 18412227 |
| Comcast Corp., Class A | 357110 | &nbsp;&nbsp; 11220396 |
|  |  | &nbsp;&nbsp; 29632623 |
| **Casinos & Gaming–0.62%** | **Casinos & Gaming–0.62%** | **Casinos & Gaming–0.62%** |
| Las Vegas Sands Corp. | 168572 | &nbsp;&nbsp; 9067488 |
| **Communications Equipment–3.03%** | **Communications Equipment–3.03%** | **Communications Equipment–3.03%** |
| Cisco Systems, Inc. | 520068 | &nbsp;&nbsp; 35583053 |
| F5, Inc.<sup>(b)</sup>  | 27732 | &nbsp;&nbsp; 8962705 |
|  |  | &nbsp;&nbsp; 44545758 |
| **Construction Machinery & Heavy Transportation Equipment–**<br> **2.26%** | **Construction Machinery & Heavy Transportation Equipment–**<br> **2.26%** | **Construction Machinery & Heavy Transportation Equipment–**<br> **2.26%** |
| Caterpillar, Inc. | 35138 | &nbsp;&nbsp; 16766097 |
| Wabtec Corp. | 81977 | &nbsp;&nbsp; 16433929 |
|  |  | &nbsp;&nbsp; 33200026 |
| **Consumer Finance–0.40%** | **Consumer Finance–0.40%** | **Consumer Finance–0.40%** |
| Capital One Financial Corp. | 27574 | &nbsp;&nbsp; 5861681 |
| **Diversified Banks–9.80%** | **Diversified Banks–9.80%** | **Diversified Banks–9.80%** |
| Bank of America Corp. | 1022691 | &nbsp;&nbsp; 52760629 |
| Citigroup, Inc. | 277333 | &nbsp;&nbsp; 28149299 |
| Fifth Third Bancorp<sup>(c)</sup>  | 476809 | &nbsp;&nbsp; 21241841 |
| Wells Fargo & Co. | 497516 | &nbsp;&nbsp; 41701791 |
|  |  | &nbsp;&nbsp; 143853560 |
| **Electric Utilities–0.87%** | **Electric Utilities–0.87%** | **Electric Utilities–0.87%** |
| Evergy, Inc. | 167253 | &nbsp;&nbsp; 12714573 |
| **Electrical Components & Equipment–2.73%** | **Electrical Components & Equipment–2.73%** | **Electrical Components & Equipment–2.73%** |
| Eaton Corp. PLC | 55727 | &nbsp;&nbsp; 20855830 |
| Emerson Electric Co. | 146201 | &nbsp;&nbsp; 19178647 |
|  |  | &nbsp;&nbsp; 40034477 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Shares** | **Value** |
| **Fertilizers & Agricultural Chemicals–0.58%** | **Fertilizers & Agricultural Chemicals–0.58%** | **Fertilizers & Agricultural Chemicals–0.58%** |
| Corteva, Inc. | 126589 | &nbsp;&nbsp; $8561214 |
| **Food Distributors–1.73%** | **Food Distributors–1.73%** | **Food Distributors–1.73%** |
| Sysco Corp.<sup>(c)</sup>  | 308985 | &nbsp;&nbsp; 25441825 |
| **Footwear–0.81%** | **Footwear–0.81%** | **Footwear–0.81%** |
| NIKE, Inc., Class B | 169554 | &nbsp;&nbsp; 11823000 |
| **Health Care Distributors–0.68%** | **Health Care Distributors–0.68%** | **Health Care Distributors–0.68%** |
| Henry Schein, Inc.<sup>(b)(c)</sup>  | 151387 | &nbsp;&nbsp; 10047555 |
| **Health Care Equipment–2.65%** | **Health Care Equipment–2.65%** | **Health Care Equipment–2.65%** |
| Becton, Dickinson and Co. | 74047 | &nbsp;&nbsp; 13859377 |
| GE HealthCare Technologies, Inc. | 126571 | &nbsp;&nbsp; 9505482 |
| Medtronic PLC | 162552 | &nbsp;&nbsp; 15481453 |
|  |  | &nbsp;&nbsp; 38846312 |
| **Health Care Services–2.61%** | **Health Care Services–2.61%** | **Health Care Services–2.61%** |
| CVS Health Corp. | 508668 | &nbsp;&nbsp; 38348481 |
| **Household Products–3.78%** | **Household Products–3.78%** | **Household Products–3.78%** |
| Clorox Co. (The) | 101990 | &nbsp;&nbsp; 12575367 |
| Kimberly-Clark Corp. | 165204 | &nbsp;&nbsp; 20541466 |
| &nbsp;&nbsp;&nbsp; Reckitt Benckiser Group PLC (United <br> Kingdom) | 291599 | &nbsp;&nbsp; 22453688 |
|  |  | &nbsp;&nbsp; 55570521 |
| **Integrated Oil & Gas–4.74%** | **Integrated Oil & Gas–4.74%** | **Integrated Oil & Gas–4.74%** |
| Chevron Corp. | 227928 | &nbsp;&nbsp; 35394939 |
| Exxon Mobil Corp. | 116911 | &nbsp;&nbsp; 13181715 |
| Suncor Energy, Inc. (Canada) | 502905 | &nbsp;&nbsp; 21026458 |
|  |  | &nbsp;&nbsp; 69603112 |
| **Interactive Media & Services–4.47%** | **Interactive Media & Services–4.47%** | **Interactive Media & Services–4.47%** |
| Alphabet, Inc., Class A | 167775 | &nbsp;&nbsp; 40786102 |
| Meta Platforms, Inc., Class A | 33928 | &nbsp;&nbsp; 24916045 |
|  |  | &nbsp;&nbsp; 65702147 |
| **Investment Banking & Brokerage–0.57%** | **Investment Banking & Brokerage–0.57%** | **Investment Banking & Brokerage–0.57%** |
| Goldman Sachs Group, Inc. (The) | 10492 | &nbsp;&nbsp; 8355304 |
| **IT Consulting & Other Services–2.01%** | **IT Consulting & Other Services–2.01%** | **IT Consulting & Other Services–2.01%** |
| &nbsp;&nbsp;&nbsp; Cognizant Technology Solutions Corp., <br> Class A | 321616 | &nbsp;&nbsp; 21570785 |
| DXC Technology Co.<sup>(b)</sup>  | 581901 | &nbsp;&nbsp; 7931311 |
|  |  | &nbsp;&nbsp; 29502096 |
| **Life & Health Insurance–1.00%** | **Life & Health Insurance–1.00%** | **Life & Health Insurance–1.00%** |
| MetLife, Inc. | 178547 | &nbsp;&nbsp; 14706916 |
| **Life Sciences Tools & Services–1.28%** | **Life Sciences Tools & Services–1.28%** | **Life Sciences Tools & Services–1.28%** |
| ICON PLC<sup>(b)</sup>  | 53898 | &nbsp;&nbsp; 9432150 |
| IQVIA Holdings, Inc.<sup>(b)</sup>  | 49054 | &nbsp;&nbsp; 9317317 |
|  |  | &nbsp;&nbsp; 18749467 |
| **Managed Health Care–2.98%** | **Managed Health Care–2.98%** | **Managed Health Care–2.98%** |
| Elevance Health, Inc. | 70155 | &nbsp;&nbsp; 22668484 |
| Humana, Inc. | 34094 | &nbsp;&nbsp; 8870236 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco V.I. Comstock Fund**

------

---

| | | |
|:---|:---|:---|
| **Shares** | **Shares** | **Value** |
| **Managed Health Care–(continued)** | **Managed Health Care–(continued)** | **Managed Health Care–(continued)** |
| UnitedHealth Group, Inc. | 35530 | &nbsp;&nbsp; $12268509 |
|  |  | &nbsp;&nbsp; 43807229 |
| **Movies & Entertainment–1.31%** | **Movies & Entertainment–1.31%** | **Movies & Entertainment–1.31%** |
| Universal Music Group N.V. (Netherlands) | 273982 | &nbsp;&nbsp; 7917383 |
| Walt Disney Co. (The) | 99353 | &nbsp;&nbsp; 11375919 |
|  |  | &nbsp;&nbsp; 19293302 |
| **Multi-Utilities–3.17%** | **Multi-Utilities–3.17%** | **Multi-Utilities–3.17%** |
| Dominion Energy, Inc.<sup>(c)</sup>  | 314233 | &nbsp;&nbsp; 19221633 |
| Sempra<sup>(c)</sup>  | 303657 | &nbsp;&nbsp; 27323057 |
|  |  | &nbsp;&nbsp; 46544690 |
| **Oil & Gas Equipment & Services–0.53%** | **Oil & Gas Equipment & Services–0.53%** | **Oil & Gas Equipment & Services–0.53%** |
| Tenaris S.A. | 429901 | &nbsp;&nbsp; 7703014 |
| **Oil & Gas Exploration & Production–1.81%** | **Oil & Gas Exploration & Production–1.81%** | **Oil & Gas Exploration & Production–1.81%** |
| ConocoPhillips | 197799 | &nbsp;&nbsp; 18709807 |
| EQT Corp. | 143300 | &nbsp;&nbsp; 7799819 |
|  |  | &nbsp;&nbsp; 26509626 |
| **Paper & Plastic Packaging Products & Materials–1.00%** | **Paper & Plastic Packaging Products & Materials–1.00%** | **Paper & Plastic Packaging Products & Materials–1.00%** |
| International Paper Co.<sup>(c)</sup>  | 317286 | &nbsp;&nbsp; 14722070 |
| **Pharmaceuticals–5.96%** | **Pharmaceuticals–5.96%** | **Pharmaceuticals–5.96%** |
| AstraZeneca PLC (United Kingdom) | 132542 | &nbsp;&nbsp; 20305566 |
| Bristol-Myers Squibb Co. | 197100 | &nbsp;&nbsp; 8889210 |
| Johnson & Johnson | 109398 | &nbsp;&nbsp; 20284577 |
| Merck & Co., Inc. | 217071 | &nbsp;&nbsp; 18218769 |
| Sanofi S.A., ADR | 419102 | &nbsp;&nbsp; 19781615 |
|  |  | &nbsp;&nbsp; 87479737 |
| **Property & Casualty Insurance–2.05%** | **Property & Casualty Insurance–2.05%** | **Property & Casualty Insurance–2.05%** |
| Allstate Corp. (The) | 52169 | &nbsp;&nbsp; 11198076 |
| American International Group, Inc. | 239676 | &nbsp;&nbsp; 18824153 |
|  |  | &nbsp;&nbsp; 30022229 |
| **Regional Banks–4.73%** | **Regional Banks–4.73%** | **Regional Banks–4.73%** |
| Citizens Financial Group, Inc. | 492701 | &nbsp;&nbsp; 26191985 |
| Huntington Bancshares, Inc. | 1467666 | &nbsp;&nbsp; 25346592 |
| M&T Bank Corp.<sup>(c)</sup>  | 90777 | &nbsp;&nbsp; 17939351 |
|  |  | &nbsp;&nbsp; 69477928 |
| **Research & Consulting Services–0.80%** | **Research & Consulting Services–0.80%** | **Research & Consulting Services–0.80%** |
| TransUnion | 140105 | &nbsp;&nbsp; 11737997 |
| **Restaurants–3.17%** | **Restaurants–3.17%** | **Restaurants–3.17%** |
| Domino's Pizza, Inc. | 32999 | &nbsp;&nbsp; 14245998 |
| &nbsp;&nbsp;&nbsp; Restaurant Brands International, Inc. <br> (Canada) | 255282 | &nbsp;&nbsp; 16376789 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | **Shares** | **Shares** | **Value** |
| **Restaurants–(continued)** | **Restaurants–(continued)** | **Restaurants–(continued)** | **Restaurants–(continued)** |
| Starbucks Corp. | Starbucks Corp. | 188915 | &nbsp;&nbsp; $15982209 |
|  |  |  | &nbsp;&nbsp; 46604996 |
| **Semiconductors–3.53%** | **Semiconductors–3.53%** | **Semiconductors–3.53%** | **Semiconductors–3.53%** |
| Intel Corp. | Intel Corp. | 466468 | &nbsp;&nbsp; 15650001 |
| NXP Semiconductors N.V. (Netherlands) | NXP Semiconductors N.V. (Netherlands) | 112226 | &nbsp;&nbsp; 25557227 |
| QUALCOMM, Inc. | QUALCOMM, Inc. | 64254 | &nbsp;&nbsp; 10689296 |
|  |  |  | &nbsp;&nbsp; 51896524 |
| **Soft Drinks & Non-alcoholic Beverages–0.71%** | **Soft Drinks & Non-alcoholic Beverages–0.71%** | **Soft Drinks & Non-alcoholic Beverages–0.71%** | **Soft Drinks & Non-alcoholic Beverages–0.71%** |
| Coca-Cola Co. (The) | Coca-Cola Co. (The) | 157545 | &nbsp;&nbsp; 10448384 |
| **Specialty Chemicals–1.22%** | **Specialty Chemicals–1.22%** | **Specialty Chemicals–1.22%** | **Specialty Chemicals–1.22%** |
| International Flavors & Fragrances, Inc. | International Flavors & Fragrances, Inc. | 290737 | &nbsp;&nbsp; 17891955 |
| **Systems Software–3.06%** | **Systems Software–3.06%** | **Systems Software–3.06%** | **Systems Software–3.06%** |
| Microsoft Corp. | Microsoft Corp. | 86640 | &nbsp;&nbsp; 44875188 |
| **Telecom Tower REITs–0.78%** | **Telecom Tower REITs–0.78%** | **Telecom Tower REITs–0.78%** | **Telecom Tower REITs–0.78%** |
| SBA Communications Corp., Class A | SBA Communications Corp., Class A | 59157 | &nbsp;&nbsp; 11438006 |
| **Tobacco–1.71%** | **Tobacco–1.71%** | **Tobacco–1.71%** | **Tobacco–1.71%** |
| Philip Morris International, Inc. | Philip Morris International, Inc. | 154928 | &nbsp;&nbsp; 25129322 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br> (Cost $918,360,952) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br> (Cost $918,360,952) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br> (Cost $918,360,952) | &nbsp;&nbsp; 1417172848 |
| **Money Market Funds–3.36%** | **Money Market Funds–3.36%** | **Money Market Funds–3.36%** | **Money Market Funds–3.36%** |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 4.05%<sup>(d)(e)</sup>  | &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 4.05%<sup>(d)(e)</sup>  | 17263513 | &nbsp;&nbsp; 17263513 |
| &nbsp;&nbsp;&nbsp; Invesco Treasury Portfolio, Institutional <br> Class, 3.99%<sup>(d)(e)</sup>  | &nbsp;&nbsp;&nbsp; Invesco Treasury Portfolio, Institutional <br> Class, 3.99%<sup>(d)(e)</sup>  | 32059968 | &nbsp;&nbsp; 32059968 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Money Market Funds (Cost $49,323,481) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Money Market Funds (Cost $49,323,481) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Money Market Funds (Cost $49,323,481) | &nbsp;&nbsp; 49323481 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br> (excluding investments purchased <br> with cash collateral from securities <br> on loan)-99.88% <br> (Cost $967,684,433)<br>|  |  | &nbsp;&nbsp; 1466496329 |
| **Investments Purchased with Cash Collateral from** <br> **Securities on Loan** | **Investments Purchased with Cash Collateral from** <br> **Securities on Loan** | **Investments Purchased with Cash Collateral from** <br> **Securities on Loan** | **Investments Purchased with Cash Collateral from** <br> **Securities on Loan** |
| **Money Market Funds–5.03%** | **Money Market Funds–5.03%** | **Money Market Funds–5.03%** | **Money Market Funds–5.03%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 4.14%<sup>(d)(e)(f)</sup>  | &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 4.14%<sup>(d)(e)(f)</sup>  | 20551340 | &nbsp;&nbsp; 20551340 |
| Invesco Private Prime Fund, 4.26%<sup>(d)(e)(f)</sup>  | Invesco Private Prime Fund, 4.26%<sup>(d)(e)(f)</sup>  | 53335369 | &nbsp;&nbsp; 53351370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral <br> from Securities on Loan (Cost $73,902,710) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral <br> from Securities on Loan (Cost $73,902,710) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral <br> from Securities on Loan (Cost $73,902,710) | &nbsp;&nbsp; 73902710 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES–104.91% <br> (Cost $1,041,587,143) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES–104.91% <br> (Cost $1,041,587,143) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES–104.91% <br> (Cost $1,041,587,143) | &nbsp;&nbsp; 1540399039 |
| OTHER ASSETS LESS LIABILITIES—(4.91)% | OTHER ASSETS LESS LIABILITIES—(4.91)% | OTHER ASSETS LESS LIABILITIES—(4.91)% | &nbsp;&nbsp; (72054813)<br>|
| NET ASSETS–100.00% | NET ASSETS–100.00% | NET ASSETS–100.00% | &nbsp;&nbsp; $1468344226 |

---

Investment Abbreviations:

ADR – American Depositary Receipt <br> REIT – Real Estate Investment Trust

See accompanying notes which are an integral part of this schedule.

**Invesco V.I. Comstock Fund**

------

Notes to Schedule of Investments:

<sup>(a)</sup> Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor's. 

<sup>(b)</sup> Non-income producing security.

<sup>(c)</sup> All or a portion of this security was out on loan at September 30, 2025.

<sup>(d)</sup> Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund's transactions in, and earnings from, its investments in affiliates for the nine months ended September 30, 2025. 

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**December 31, 2024**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Value** <br>**September 30, 2025**<br>| **Dividend Income** |
| **Investments in Affiliated Money** <br> **Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class<br>| $10946450 | &nbsp;&nbsp; $79028024 | &nbsp;&nbsp; $(72710961) | &nbsp;&nbsp; $- | &nbsp;&nbsp; $- | &nbsp;&nbsp; $17263513 | &nbsp;&nbsp; $384348 |
| &nbsp;&nbsp;&nbsp; Invesco Treasury Portfolio, Institutional <br> Class<br>| &nbsp;&nbsp;&nbsp; 20328278 | &nbsp;&nbsp;&nbsp;&nbsp; 146766331 | &nbsp;&nbsp;&nbsp;&nbsp; (135034641) | &nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 32059968 | &nbsp;&nbsp;&nbsp;&nbsp; 707911 |
| **Investments Purchased with Cash** <br> **Collateral from Securities on Loan:**<br>|  |  |  |  |  |  |  |
| Invesco Private Government Fund | &nbsp;&nbsp;&nbsp; 23751088 | &nbsp;&nbsp;&nbsp;&nbsp; 553468651 | &nbsp;&nbsp;&nbsp;&nbsp; (556668399) | &nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 20551340 | &nbsp;&nbsp;&nbsp;&nbsp; 790,294\* |
| Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp; 61891507 | &nbsp;&nbsp; 1229388847 | &nbsp;&nbsp; (1237926020) | &nbsp;&nbsp; - | &nbsp;&nbsp; (2964) | &nbsp;&nbsp;&nbsp; 53351370 | &nbsp;&nbsp; 2,144,919\* |
| Total | $116917323 | &nbsp;&nbsp; $2008651853 | &nbsp;&nbsp; $(2002340021) | &nbsp;&nbsp; $- | &nbsp;&nbsp; $(2964) | &nbsp;&nbsp; $123226191 | &nbsp;&nbsp; $4027472 |

---

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

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

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

<sup>(e)</sup> The rate shown is the 7-day SEC standardized yield as of September 30, 2025. <br> <sup>(f)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Open Forward Foreign Currency Contracts** | **Open Forward Foreign Currency Contracts** | **Open Forward Foreign Currency Contracts** | **Open Forward Foreign Currency Contracts** | **Open Forward Foreign Currency Contracts** | **Open Forward Foreign Currency Contracts** | **Open Forward Foreign Currency Contracts** |
| **Settlement** <br>**Date** | **Counterparty** | **Contract to** | **Contract to** | **Contract to** | **Contract to** | &nbsp;&nbsp; **Unrealized** <br>**Appreciation** <br>&nbsp;&nbsp;&nbsp;&nbsp;**(Depreciation)** |
| **Settlement** <br>**Date** | **Counterparty** | **Deliver** | **Deliver** | **Receive** | **Receive** | &nbsp;&nbsp; **Unrealized** <br>**Appreciation** <br>&nbsp;&nbsp;&nbsp;&nbsp;**(Depreciation)** |
| **Currency Risk** |  |  |  |  |  |  |
| 10/08/2025 | Barclays Bank PLC | CAD | 666965 | USD | 481937 | &nbsp;&nbsp;&nbsp; $2530 |
| 10/08/2025 | Deutsche Bank AG | USD | 1020185 | EUR | 869020 | &nbsp;&nbsp;&nbsp; 465 |
| 10/08/2025 | J.P. Morgan Chase Bank, N.A. | CAD | 666965 | USD | 482070 | &nbsp;&nbsp;&nbsp; 2664 |
| 10/08/2025 | Royal Bank of Canada | CAD | 25148471 | USD | 18202926 | &nbsp;&nbsp;&nbsp; 126510 |
| 10/08/2025 | Royal Bank of Canada | USD | 509627 | GBP | 380134 | &nbsp;&nbsp;&nbsp; 1633 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal—Appreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal—Appreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal—Appreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal—Appreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal—Appreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal—Appreciation | &nbsp;&nbsp;&nbsp; 133802 |
| **Currency Risk** |  |  |  |  |  |  |
| 10/08/2025 | Canadian Imperial Bank of Commerce | USD | 477094 | GBP | 354150 | &nbsp;&nbsp;&nbsp; (781)<br>|
| 10/08/2025 | Deutsche Bank AG | GBP | 16095555 | USD | 21611924 | &nbsp;&nbsp;&nbsp; (35767)<br>|
| 10/08/2025 | Deutsche Bank AG | USD | 639592 | CAD | 881480 | &nbsp;&nbsp;&nbsp; (5995)<br>|
| 10/08/2025 | Goldman Sachs International | CAD | 856659 | USD | 614739 | &nbsp;&nbsp;&nbsp; (1017)<br>|
| 10/08/2025 | Royal Bank of Canada | EUR | 21204395 | USD | 24729308 | &nbsp;&nbsp;&nbsp; (174904)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal—Depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal—Depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal—Depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal—Depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal—Depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal—Depreciation | &nbsp;&nbsp;&nbsp; (218464)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp; $(84662)<br>|

---

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

---

| | |
|:---|:---|
| Abbreviations: | Abbreviations: |
| CAD | – Canadian Dollar |
| EUR | – Euro |
| GBP | – British Pound Sterling |
| USD | – U.S. Dollar |

---

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

**Invesco V.I. Comstock Fund**

------

**Notes to Quarterly Schedule of Portfolio Holdings**

*September 30, 2025*

*(Unaudited)*

**NOTE 1—Additional Valuation Information**

Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment's assigned level:

Level 1 – Prices are determined using quoted prices in an active market for identical assets.

Level 2 – Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others. When market movements occur after the close of the relevant foreign securities markets, foreign securities may be fair valued utilizing an independent pricing service.

Level 3 – Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Advisers, Inc.'s assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.

The following is a summary of the tiered valuation input levels, as of September 30, 2025. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Level 1** | **Level 2** | **Level 3** | **Total** |
| <br>**Investments in Securities** |  |  |  |  |
| Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp;&nbsp; $1345657032 | &nbsp;&nbsp;&nbsp;&nbsp; $71515816 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $1417172848 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp; 49323481 | &nbsp;&nbsp;&nbsp;&nbsp; 73902710 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 123226191 |
| **Total Investments in Securities** | &nbsp;&nbsp;&nbsp;&nbsp; 1394980513 | &nbsp;&nbsp;&nbsp;&nbsp; 145418526 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1540399039 |
| **Other Investments - Assets\*** |  |  |  |  |
| Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 133802 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 133802 |
| **Other Investments - Liabilities\*** |  |  |  |  |
| Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (218464)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (218464)<br>|
| **Total Other Investments** | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (84662)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (84662)<br>|
| **Total Investments** | &nbsp;&nbsp;&nbsp;&nbsp; $1394980513 | &nbsp;&nbsp;&nbsp;&nbsp; $145333864 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $1540314377 |

---

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

\* Unrealized appreciation (depreciation).

**Invesco V.I. Comstock Fund**

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AIM Variable Insurance Funds (Invesco Variable Insurance Funds)

- **b. Investment Company Act file number:** 811-07452

- **c. CIK number of Registrant:** 0000896435

- **d. LEI of Registrant:** FC4UULIMJMGKBDUARB13

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

  - **Street Address 1:** 11 Greenway Plaza

  - **City:** Houston

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 77046-1173

  - **Telephone number:** 800-959-4246

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

- **a. Name of Series:** Invesco V.I. Comstock Fund

- **b. EDGAR series identifier (if any):** S000027872

- **c. LEI of Series:** 549300YZD2G3YKDA1F96

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1542656035.96

**Total Liabilities:** $75019572.41

**Net Assets:** $1467636463.55

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000084642 | 0.23%                | 3.11%                | 1.00%                |
| Class ID C000084641 | 0.22%                | 3.13%                | 1.00%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $30052695.40             | $-29716785.24                              |
| Month 2  | $-4191696.01             | $48038733.06                               |
| Month 3  | $8267850.64              | $3634885.12                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Medtronic PLC                           | Medtronic PLC                                              | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |    162552 | NS      | $15481452.48  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| International Flavors & Fragrances Inc. | International Flavors & Fragrances Inc.                    | CUSIP: 459506101<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | EC               | CORP              | US        |    290737 | NS      | $17891954.98  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Clorox Co. (The)                        | Clorox Co. (The)                                           | CUSIP: 189054109<br>LEI: 54930044KVSC06Z79I06 | Long             | EC               | CORP              | US        |    101990 | NS      | $12575367.00  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares Inc.              | Huntington Bancshares Inc.                                 | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |   1467666 | NS      | $25346591.82  | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp.                        | CVS Health Corp.                                           | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |    508668 | NS      | $38348480.52  | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Icon PLC                                | Icon PLC                                                   | CUSIP: G4705A100<br>LEI: 6354008SRQGEMC4XFI67 | Long             | EC               | CORP              | IE        |     53898 | NS      | $9432150.00   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                     | Cisco Systems, Inc.                                        | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |    520068 | NS      | $35583052.56  | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Anheuser-Busch InBev S.A./N.V.          | Anheuser-Busch InBev S.A./N.V.                             | CUSIP: N/A<br>LEI: 5493008H3828EMEXB082       | Long             | EC               | CORP              | BE        |    219754 | NS      | $13136165.12  | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Citigroup Inc.                          | Citigroup Inc.                                             | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    277333 | NS      | $28149299.50  | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenaris S.A.                            | Tenaris S.A.                                               | CUSIP: N/A<br>LEI: 549300Y7C05BKC4HZB40       | Long             | EC               | CORP              | LU        |    429901 | NS      | $7703013.89   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Suncor Energy Inc.                      | Suncor Energy Inc.                                         | CUSIP: 867224107<br>LEI: 549300W70ZOQDVLCHY06 | Long             | EC               | CORP              | CA        |    502905 | NS      | $21026458.05  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                           | Chevron Corp.                                              | CUSIP: 166764100<br>LEI: LJOF0JWZSCIUPEC3LQ45 | Long             | EC               | CORP              | US        |    227928 | NS      | $35394939.12  | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co.                       | Wells Fargo & Co.                                          | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    497516 | NS      | $41701791.12  | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health, Inc.                   | Elevance Health, Inc.                                      | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |     70155 | NS      | $22668483.60  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Treasury Portfolio              | Invesco Treasury Portfolio, Institutional Class            | CUSIP: 825252406<br>LEI: 5493004B3TM8ZIDDDC39 | Long             | STIV             | RF                | US        |  32059968 | NS      | $32059967.63  | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT Corp.                               | EQT Corp.                                                  | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |    143300 | NS      | $7799819.00   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| DXC Technology Co.                      | DXC Technology Co., Class C                                | CUSIP: 23355L106<br>LEI: 549300DOVZ3EDJB7O259 | Long             | EC               | CORP              | US        |    581901 | NS      | $7931310.63   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                       | Exxon Mobil Corp.                                          | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    116911 | NS      | $13181715.25  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva, Inc.                           | Corteva, Inc.                                              | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |    126589 | NS      | $8561214.07   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| GE HealthCare Technologies Inc.         | GE HealthCare Technologies Inc.                            | CUSIP: 36266G107<br>LEI: 549300OI9J7XOWZMUN85 | Long             | EC               | CORP              | US        |    126571 | NS      | $9505482.10   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Henry Schein, Inc.                      | Henry Schein, Inc.                                         | CUSIP: 806407102<br>LEI: VGO3WGL8H45T73F4RR92 | Long             | EC               | CORP              | US        |    151387 | NS      | $10047555.19  | 0.68%             |  |  |  | No            |                  1 | On Loan: —       |
| State Street Corp.                      | State Street Corp.                                         | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |    265636 | NS      | $30816432.36  | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay Inc.                               | eBay Inc.                                                  | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |    222391 | NS      | $20226461.45  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co. (The)                   | Walt Disney Co. (The)                                      | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     99353 | NS      | $11375918.50  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co.                | Bristol-Myers Squibb Co.                                   | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |    197100 | NS      | $8889210.00   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals, Inc.         | Regeneron Pharmaceuticals, Inc.                            | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |     11061 | NS      | $6219268.47   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International PLC      | Johnson Controls International PLC                         | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | IE        |    205840 | NS      | $22632108.00  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife, Inc.                           | MetLife, Inc.                                              | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |    178547 | NS      | $14706916.39  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc.                 | UnitedHealth Group Inc.                                    | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     35530 | NS      | $12268509.00  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc.        | Philip Morris International Inc.                           | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |    154928 | NS      | $25129321.60  | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                          | ConocoPhillips                                             | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |    197799 | NS      | $18709807.41  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                           | Alphabet Inc., Class A                                     | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    167775 | NS      | $40786102.50  | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy, Inc.                   | Dominion Energy, Inc.                                      | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |    314233 | NS      | $19221632.61  | 1.31%             |  |  |  | No            |                  1 | On Loan: —       |
| Comcast Corp.                           | Comcast Corp., Class A                                     | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    357110 | NS      | $11220396.20  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp.                | SBA Communications Corp., Class A                          | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |     59157 | NS      | $11438005.95  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co.                    | Emerson Electric Co.                                       | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |    146201 | NS      | $19178647.18  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly-Clark Corp.                    | Kimberly-Clark Corp.                                       | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |    165204 | NS      | $20541465.36  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Restaurant Brands International Inc.    | Restaurant Brands International Inc.                       | CUSIP: 76131D103<br>LEI: 5299009RXTX9DN9AKJ98 | Long             | EC               | CORP              | CA        |    255282 | NS      | $16376788.79  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                     | Forward Foreign Currency Contract                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $1632.80      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Allstate Corp. (The)                    | Allstate Corp. (The)                                       | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |     52169 | NS      | $11198075.85  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                     | Forward Foreign Currency Contract                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-5995.03     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Evergy, Inc.                            | Evergy, Inc.                                               | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |    167253 | NS      | $12714573.06  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications, Inc.            | Charter Communications, Inc., Class A                      | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |     66928 | NS      | $18412227.44  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                     | Forward Foreign Currency Contract                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-1017.18     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Sempra                                  | Sempra                                                     | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |    303657 | NS      | $27323056.86  | 1.86%             |  |  |  | No            |                  1 | On Loan: —       |
| Coca-Cola Co. (The)                     | Coca-Cola Co. (The)                                        | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    157545 | NS      | $10448384.40  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Wabtec Corp.                            | Wabtec Corp.                                               | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |     81977 | NS      | $16433929.19  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                     | Forward Foreign Currency Contract                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $464.75       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)         | Goldman Sachs Group, Inc. (The)                            | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     10492 | NS      | $8355304.20   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton, Dickinson and Co.               | Becton, Dickinson and Co.                                  | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |     74047 | NS      | $13859376.99  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca PLC                         | AstraZeneca PLC                                            | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |    132542 | NS      | $20305566.14  | 1.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Reckitt Benckiser Group PLC             | Reckitt Benckiser Group PLC                                | CUSIP: N/A<br>LEI: 5493003JFSMOJG48V108       | Long             | EC               | CORP              | GB        |    291599 | NS      | $22453688.12  | 1.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Textron Inc.                            | Textron Inc.                                               | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |    228223 | NS      | $19282561.27  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group, Inc.      | American International Group, Inc.                         | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |    239676 | NS      | $18824153.04  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                   | Bank of America Corp.                                      | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |   1022691 | NS      | $52760628.69  | 3.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc.                       | Merck & Co., Inc.                                          | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |    217071 | NS      | $18218769.03  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Music Group N.V.              | Universal Music Group N.V.                                 | CUSIP: N/A<br>LEI: 724500GJBUL3D9TW9Y18       | Long             | EC               | CORP              | NL        |    273982 | NS      | $7917383.13   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Meta Platforms, Inc.                    | Meta Platforms, Inc., Class A                              | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     33928 | NS      | $24916044.64  | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanofi                                  | Sanofi, ADR                                                | CUSIP: 80105N105<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |    419102 | NS      | $19781614.40  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp.                             | FedEx Corp.                                                | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |    106482 | NS      | $25109520.42  | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Private Prime Fund              | Invesco Private Prime Fund                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  53351370 | NS      | $53351369.61  | 3.64%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                     | Forward Foreign Currency Contract                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-780.61      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                     | Forward Foreign Currency Contract                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-174904.31   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                     | Forward Foreign Currency Contract                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $2530.35      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                     | Fifth Third Bancorp                                        | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |    476809 | NS      | $21241840.95  | 1.45%             |  |  |  | No            |                  1 | On Loan: —       |
| M&T Bank Corp.                          | M&T Bank Corp.                                             | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |     90777 | NS      | $17939350.74  | 1.22%             |  |  |  | No            |                  1 | On Loan: —       |
| IQVIA Holdings Inc.                     | IQVIA Holdings Inc.                                        | CUSIP: 46266C105<br>LEI: 549300W3R20NM4KQPH86 | Long             | EC               | CORP              | US        |     49054 | NS      | $9317316.76   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Domino's Pizza, Inc.                    | Domino's Pizza, Inc.                                       | CUSIP: 25754A201<br>LEI: 25490005ZWM1IF9UXU57 | Long             | EC               | CORP              | US        |     32999 | NS      | $14245998.29  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                     | Forward Foreign Currency Contract                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $2664.11      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Sysco Corp.                             | Sysco Corp.                                                | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |    308985 | NS      | $25441824.90  | 1.73%             |  |  |  | No            |                  1 | On Loan: —       |
| NIKE, Inc.                              | NIKE, Inc., Class B                                        | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |    169554 | NS      | $11823000.42  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                     | Forward Foreign Currency Contract                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-35766.34    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Eaton Corp. PLC                         | Eaton Corp. PLC                                            | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     55727 | NS      | $20855829.75  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Government & Agency Portfolio   | Invesco Government & Agency Portfolio, Institutional Class | CUSIP: 825252885<br>LEI: 5493007T1J7WZ5QI1A47 | Long             | STIV             | RF                | US        |  17263513 | NS      | $17263513.46  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| F5, Inc.                                | F5, Inc.                                                   | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |     27732 | NS      | $8962705.08   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp.                         | Starbucks Corp.                                            | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |    188915 | NS      | $15982209.00  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| International Paper Co.                 | International Paper Co.                                    | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |    317286 | NS      | $14722070.40  | 1.00%             |  |  |  | No            |                  1 | On Loan: —       |
| N/A                                     | Forward Foreign Currency Contract                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $126509.61    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Johnson & Johnson                       | Johnson & Johnson                                          | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |    109398 | NS      | $20284577.16  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Private Government Fund         | Invesco Private Government Fund                            | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  20551340 | NS      | $20551340.11  | 1.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Intel Corp.                             | Intel Corp.                                                | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |    466468 | NS      | $15650001.40  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Las Vegas Sands Corp.                   | Las Vegas Sands Corp.                                      | CUSIP: 517834107<br>LEI: 549300DUOO1KXOHPM605 | Long             | EC               | CORP              | US        |    168572 | NS      | $9067487.88   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc.                             | Humana Inc.                                                | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |     34094 | NS      | $8870235.98   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                         | Microsoft Corp.                                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     86640 | NS      | $44875188.00  | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Financial Group, Inc.          | Citizens Financial Group, Inc.                             | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |    492701 | NS      | $26191985.16  | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors N.V.                 | NXP Semiconductors N.V.                                    | CUSIP: N6596X109<br>LEI: 724500M9BY5293JDF951 | Long             | EC               | CORP              | NL        |    112226 | NS      | $25557226.98  | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc.                        | Caterpillar Inc.                                           | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |     35138 | NS      | $16766096.70  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| TransUnion                              | TransUnion                                                 | CUSIP: 89400J107<br>LEI: 549300ZS772LUNUMRB03 | Long             | EC               | CORP              | US        |    140105 | NS      | $11737996.90  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc.                           | QUALCOMM Inc.                                              | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     64254 | NS      | $10689295.44  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp.             | Capital One Financial Corp.                                | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |     27574 | NS      | $5861680.92   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognizant Technology Solutions Corp.    | Cognizant Technology Solutions Corp., Class A              | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |    321616 | NS      | $21570785.12  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-30

**Name of Applicant:** AIM Variable Insurance Funds (Invesco Variable Insurance Funds)

**Signature:** Adrien Deberghes

**Name of Signer:** Adrien Deberghes

**Title:** Principal Financial Officer and Treasurer