# EDGAR Filing Document

**Accession Number:** 0001176343
**File Stem:** 0001752724-25-203551
**Filing Date:** 2025-8
**Character Count:** 8111
**Document Hash:** 86cefcd7247b40f843330e588321284b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-203551.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-203551

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LEGG MASON PARTNERS VARIABLE EQUITY TRUST
- **CENTRAL INDEX KEY:** 0001176343

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21128
- **FILM NUMBER:** 251253243

**BUSINESS ADDRESS:**
- **STREET 1:** LEGG MASON & CO., LLC
- **STREET 2:** 620 EIGHTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018
- **BUSINESS PHONE:** 1-877-721-1926

**MAIL ADDRESS:**
- **STREET 1:** LEGG MASON & CO., LLC
- **STREET 2:** 620 EIGHTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Legg Mason Partners Variable Portfolios IV
- **DATE OF NAME CHANGE:** 20060501

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SMITH BARNEY MULTIPLE DISCIPLINE TRUST
- **DATE OF NAME CHANGE:** 20021004

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SMITH BARNEY MULTIPLE DISCIPLINE ACCOUNT TRUST
- **DATE OF NAME CHANGE:** 20020626

## Series and Classes Contracts Data

### Franklin Multi-Asset Variable Moderate Growth (Series ID: S000017010)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000047267 | Class I      | QLMLSX          |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Legg Mason Partners Variable Equity Trust

- **b. Investment Company Act file number:** 811-21128

- **c. CIK number of Registrant:** 0001176343

- **d. LEI of Registrant:** 549300W9EP2BXVLOGN89

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

  - **Street Address 1:** 620 Eighth Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10018

  - **Telephone number:** 1-877-721-1926

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

- **a. Name of Series:** Franklin Multi-Asset Variable Moderate Growth

- **b. EDGAR series identifier (if any):** S000017010

- **c. LEI of Series:** 549300SKDQ1VU3QRUD94

**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:** $28785396.47

**Total Liabilities:** $61423.12

**Net Assets:** $28723973.35

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000047267 | 0.42%                | 4.34%                | 3.55%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-44497.50               | $121609.22                                 |
| Month 2  | $76740.03                | $1065135.24                                |
| Month 3  | $18340.16                | $795419.34                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ClearBridge Large Cap Growth Fund       | ClearBridge Large Cap Growth Fund       | CUSIP: 52469H255<br>LEI: 549300PO07BEBIPVM094 | Long             | EC               | RF                | US        |     75174 | NS      | $5891412.24   | 20.51%            |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Government & Agency Portfolio   | Invesco Government & Agency Portfolio   | CUSIP: 825252885<br>LEI: 5493007T1J7WZ5QI1A47 | Long             | STIV             | RF                | US        |    380463 | NS      | $380462.66    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Small Cap Value Fund           | Franklin Small Cap Value Fund           | CUSIP: 355148669<br>LEI: 5493008L8BP00V1G7510 | Long             | EC               | RF                | US        |      6383 | NS      | $379025.09    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin U.S. Core Bond ETF             | Franklin U.S. Core Bond ETF             | CUSIP: 35473P553<br>LEI: 549300IKA3VXH7FL6377 | Long             | EC               | RF                | US        |    230948 | NS      | $4970000.96   | 17.30%            |  |  |  | No            |                  1 | On Loan: No      |
| Franklin International Equity Fund      | Franklin International Equity Fund      | CUSIP: 524686243<br>LEI: 549300NLP1WLJBNEZJ22 | Long             | EC               | RF                | US        |    186645 | NS      | $3906489.18   | 13.60%            |  |  |  | No            |                  1 | On Loan: No      |
| Franklin US Small Cap Equity Fund       | Franklin US Small Cap Equity Fund       | CUSIP: 524686391<br>LEI: N/A                  | Long             | EC               | RF                | US        |     28751 | NS      | $389283.91    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin U.S. Treasury Bond ETF         | Franklin U.S. Treasury Bond ETF         | CUSIP: 35473P488<br>LEI: 5493008ZZCRVIGT1H265 | Long             | EC               | RF                | US        |     56355 | NS      | $1158095.25   | 4.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ClearBridge Appreciation Fund           | ClearBridge Appreciation Fund           | CUSIP: 52468E709<br>LEI: 549300ZFR48NDB3HQ435 | Long             | EC               | RF                | US        |     46307 | NS      | $1710103.07   | 5.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Investment Grade Corporate ETF | Franklin Investment Grade Corporate ETF | CUSIP: 35473P603<br>LEI: 549300AGICP0BF7KSG70 | Long             | EC               | RF                | US        |     23138 | NS      | $499433.73    | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Putnam Large Cap Value Fund             | Putnam Large Cap Value Fund             | CUSIP: 746745801<br>LEI: CZH3VR3I6CWL6QA8GG38 | Long             | EC               | RF                | US        |     78955 | NS      | $2906329.65   | 10.12%            |  |  |  | No            |                  1 | On Loan: No      |
| Franklin US Large Cap Equity Fund       | Franklin US Large Cap Equity Fund       | CUSIP: 52469H289<br>LEI: 549300A1FH0C72JOX391 | Long             | EC               | RF                | US        |    240454 | NS      | $6035389.15   | 21.01%            |  |  |  | No            |                  1 | On Loan: No      |
| ClearBridge Small Cap Growth Fund       | ClearBridge Small Cap Growth Fund       | CUSIP: 52470H666<br>LEI: 5493003T8SLPG056ZG32 | Long             | EC               | RF                | US        |     13650 | NS      | $556091.43    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-25

**Name of Applicant:** Legg Mason Partners Variable Equity Trust

**Signature:** Christopher Berarducci

**Name of Signer:** Christopher Berarducci

**Title:** Principal Financial Officer