# EDGAR Filing Document

**Accession Number:** 0000719269
**File Stem:** 0001410368-26-034539
**Filing Date:** 2026-4
**Character Count:** 37027
**Document Hash:** 6adb7fd7e2f4b86bbec7d69bc458de74
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-034539.hdr.sgml**: 20260407

**ACCESSION NUMBER**: 0001410368-26-034539

**CONFORMED SUBMISSION TYPE**: N-MFP3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260407

**DATE AS OF CHANGE**: 20260407

**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:** N-MFP3
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03732
- **FILM NUMBER:** 26843055

**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 U.S. Government Money Market Portfolio (Series ID: S000002643)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000007255 | Initial Class |  |
| C000007256 | Service Class |  |

# Form N-MFP3: Monthly Schedule of Portfolio Holdings

## N-MFP: Filer Information
**Submission Type:** N-MFP3
**CIK:** 0000719269

### General Information

**Report for (YYYY-MM-DD):** 2026-03-31

**Registrant Full Name:** MFS VARIABLE INSURANCE TRUST II

**CIK Number of Registrant:** 0000719269

**LEI of Registrant:** LQOFLJQP174GQBC84T87

**Name of Series:** MFS U.S. Government Money Market Portfolio

**LEI of Series:** 6281G1890F5ADRR1GL16

**EDGAR Series Identifier:** S000002643

**Total number of share classes in the series:** 2

**Is this the fund's final filing on Form N-MFP?:** No

**Has the fund acquired or merged with another fund?:** No

## Part A: Series-Level Information about the Fund

### Service Providers
| Role                          | Details                                            | File/CIK Number   |
|:---|:---|:---|
| Investment Adviser            | Massachusetts Financial Services Company           | 801-17352         |
| Independent Public Accountant | Deloitte & Touche LLP<br>City: Boston<br>State: MA |  |
| Administrator                 | Massachusetts Financial Services Company           |  |
| Transfer Agent                | MFS Service Center, Inc<br>CIK: 0000769188         | 084-01316         |

### Fund Characteristics & Assets

- **Securities Act File Number:** 002-83616

- **Is this a Feeder Fund?:** No

- **Is this a Master Fund?:** No

- **Is this series for insurance company separate accounts?:** Yes

- **Money Market Fund Category:** Government

- **Is this a Retail Money Market Fund?:** No

- **Is this a Government Money Market Fund?:** No

- **WAM:** 31 days

- **WAL:** 31 days

- **Total Value of Portfolio Securities:** $262693993.92

- **Amortized Cost of Portfolio Securities:** $262705639.30

- **Cash:** $50.02

- **Total Other Assets:** $10906.50

- **Total Liabilities:** $864942.00

- **Net Assets of Series:** $261851653.82

- **Number of Shares Outstanding (Series):** 262041659.5100

- **Does the fund seek to maintain a stable price per share?:** Yes

- **Stable Price Per Share:** $1.00

- **Is cash management vehicle an affiliated fund?:** No

- **Does the fund apply liquidity fees?:** No

### Daily & Weekly Liquid Assets
| Date       | Daily Liquid Assets ($)   | Weekly Liquid Assets ($)   | Daily Liquid Assets (%)   | Weekly Liquid Assets (%)   |
|:---|:---|:---|:---|:---|
| 2026-03-02 | $175919481.02             | $224236223.74              | 67.5600%                  | 86.1100%                   |
| 2026-03-03 | $175902459.24             | $224225258.77              | 67.5600%                  | 86.1200%                   |
| 2026-03-04 | $180666089.58             | $223544183.12              | 69.5300%                  | 86.0400%                   |
| 2026-03-05 | $175588919.85             | $226074510.85              | 66.1400%                  | 85.1600%                   |
| 2026-03-06 | $181165368.57             | $231656585.92              | 68.2800%                  | 87.3100%                   |
| 2026-03-09 | $180701374.34             | $245125560.76              | 68.2300%                  | 92.5500%                   |
| 2026-03-10 | $180673398.45             | $245104184.88              | 68.2200%                  | 92.5500%                   |
| 2026-03-11 | $179537101.85             | $243974261.36              | 68.0800%                  | 92.5200%                   |
| 2026-03-12 | $179487658.13             | $243929908.85              | 68.0600%                  | 92.5000%                   |
| 2026-03-13 | $179494712.84             | $243942492.28              | 68.0600%                  | 92.5000%                   |
| 2026-03-16 | $179476096.77             | $243942554.74              | 68.0600%                  | 92.5100%                   |
| 2026-03-17 | $186634197.44             | $243858170.26              | 70.8000%                  | 92.5100%                   |
| 2026-03-18 | $186116112.45             | $243344937.26              | 70.7400%                  | 92.4900%                   |
| 2026-03-19 | $185868084.62             | $243103286.97              | 70.7100%                  | 92.4800%                   |
| 2026-03-20 | $177130104.22             | $234371398.07              | 67.4100%                  | 89.1900%                   |
| 2026-03-23 | $177093496.96             | $234351599.34              | 67.4000%                  | 89.2000%                   |
| 2026-03-24 | $177041522.73             | $234305481.13              | 67.3900%                  | 89.1900%                   |
| 2026-03-25 | $177006637.31             | $234276883.21              | 67.3800%                  | 89.1800%                   |
| 2026-03-26 | $177041173.72             | $234317154.54              | 67.3900%                  | 89.1900%                   |
| 2026-03-27 | $182275120.18             | $233957950.92              | 69.3400%                  | 89.0100%                   |
| 2026-03-30 | $182657343.14             | $242308913.34              | 69.4700%                  | 92.1500%                   |
| 2026-03-31 | $182609092.41             | $242267325.64              | 69.5100%                  | 92.2200%                   |

### 7-Day Gross Yield
| Date       | 7-Day Gross Yield   |
|:---|:---|
| 2026-03-02 | 3.7000%             |
| 2026-03-03 | 3.7000%             |
| 2026-03-04 | 3.7000%             |
| 2026-03-05 | 3.6800%             |
| 2026-03-06 | 3.6700%             |
| 2026-03-09 | 3.6600%             |
| 2026-03-10 | 3.6600%             |
| 2026-03-11 | 3.6600%             |
| 2026-03-12 | 3.6700%             |
| 2026-03-13 | 3.6600%             |
| 2026-03-16 | 3.6600%             |
| 2026-03-17 | 3.6600%             |
| 2026-03-18 | 3.6600%             |
| 2026-03-19 | 3.6600%             |
| 2026-03-20 | 3.6600%             |
| 2026-03-23 | 3.6600%             |
| 2026-03-24 | 3.6600%             |
| 2026-03-25 | 3.6600%             |
| 2026-03-26 | 3.6600%             |
| 2026-03-27 | 3.6600%             |
| 2026-03-30 | 3.6600%             |
| 2026-03-31 | 3.6700%             |

### Daily Net Asset Value per Share (Series)
| Date       | Net Asset Value per Share   |
|:---|:---|
| 2026-03-02 | 0.9992                      |
|  |  |
| 2026-03-03 | 0.9992                      |
|  |  |
| 2026-03-04 | 0.9992                      |
|  |  |
| 2026-03-05 | 0.9992                      |
|  |  |
| 2026-03-06 | 0.9992                      |
|  |  |
| 2026-03-09 | 0.9993                      |
|  |  |
| 2026-03-10 | 0.9993                      |
|  |  |
| 2026-03-11 | 0.9992                      |
|  |  |
| 2026-03-12 | 0.9992                      |
|  |  |
| 2026-03-13 | 0.9992                      |
|  |  |
| 2026-03-16 | 0.9992                      |
|  |  |
| 2026-03-17 | 0.9992                      |
|  |  |
| 2026-03-18 | 0.9992                      |
|  |  |
| 2026-03-19 | 0.9992                      |
|  |  |
| 2026-03-20 | 0.9992                      |
|  |  |
| 2026-03-23 | 0.9992                      |
|  |  |
| 2026-03-24 | 0.9992                      |
|  |  |
| 2026-03-25 | 0.9992                      |
|  |  |
| 2026-03-26 | 0.9992                      |
|  |  |
| 2026-03-27 | 0.9992                      |
|  |  |
| 2026-03-30 | 0.9992                      |
|  |  |
| 2026-03-31 | 0.9992                      |
|  |  |

## Part B: Class-Level Information about the Fund

### Class: Initial Class

- **Minimum Initial Investment:** $1.00

- **Net Assets of Class:** $172537006.11

- **Number of Shares Outstanding:** 172661819.9300

- **Expense Reimbursement/Waiver:** 1993.00

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2026-03-02 | 0.9992          |
|  |  |
| 2026-03-03 | 0.9992          |
|  |  |
| 2026-03-04 | 0.9992          |
|  |  |
| 2026-03-05 | 0.9992          |
|  |  |
| 2026-03-06 | 0.9992          |
|  |  |
| 2026-03-09 | 0.9992          |
|  |  |
| 2026-03-10 | 0.9992          |
|  |  |
| 2026-03-11 | 0.9992          |
|  |  |
| 2026-03-12 | 0.9992          |
|  |  |
| 2026-03-13 | 0.9992          |
|  |  |
| 2026-03-16 | 0.9992          |
|  |  |
| 2026-03-17 | 0.9992          |
|  |  |
| 2026-03-18 | 0.9992          |
|  |  |
| 2026-03-19 | 0.9992          |
|  |  |
| 2026-03-20 | 0.9992          |
|  |  |
| 2026-03-23 | 0.9992          |
|  |  |
| 2026-03-24 | 0.9992          |
|  |  |
| 2026-03-25 | 0.9992          |
|  |  |
| 2026-03-26 | 0.9992          |
|  |  |
| 2026-03-27 | 0.9992          |
|  |  |
| 2026-03-30 | 0.9992          |
|  |  |
| 2026-03-31 | 0.9992          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2026-03-02 | $435676.17                | $60292.65               |
| 2026-03-03 | $18944.27                 | $526082.18              |
| 2026-03-04 | $158222.32                | $22516.64               |
| 2026-03-05 | $2725.86                  | $213804.00              |
| 2026-03-06 | $1961.59                  | $481568.69              |
| 2026-03-09 | $0.00                     | $29017.72               |
| 2026-03-10 | $6487.82                  | $23785.97               |
| 2026-03-11 | $0.00                     | $41611.05               |
| 2026-03-12 | $32401.42                 | $181.44                 |
| 2026-03-13 | $1967.87                  | $6287.41                |
| 2026-03-16 | $0.00                     | $23560.51               |
| 2026-03-17 | $980.83                   | $484604.74              |
| 2026-03-18 | $357.77                   | $262561.73              |
| 2026-03-19 | $0.00                     | $9166.39                |
| 2026-03-20 | $2691.95                  | $39174.71               |
| 2026-03-23 | $0.00                     | $35701.98               |
| 2026-03-24 | $11801.14                 | $0.00                   |
| 2026-03-25 | $32561.74                 | $7212.73                |
| 2026-03-26 | $1076.34                  | $41618.60               |
| 2026-03-27 | $470902.41                | $1008.37                |
| 2026-03-30 | $579.38                   | $52826.84               |
| 2026-03-31 | $0.00                     | $7454.17                |

**Total Gross Subscriptions (Month):** $1179338.88

**Total Gross Redemptions (Month):** $2370038.52

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2026-03-02 | 3.2500%           |
| 2026-03-03 | 3.2500%           |
| 2026-03-04 | 3.2500%           |
| 2026-03-05 | 3.2300%           |
| 2026-03-06 | 3.2200%           |
| 2026-03-09 | 3.2200%           |
| 2026-03-10 | 3.2100%           |
| 2026-03-11 | 3.2100%           |
| 2026-03-12 | 3.2200%           |
| 2026-03-13 | 3.2100%           |
| 2026-03-16 | 3.2200%           |
| 2026-03-17 | 3.2100%           |
| 2026-03-18 | 3.2100%           |
| 2026-03-19 | 3.2100%           |
| 2026-03-20 | 3.2100%           |
| 2026-03-23 | 3.2100%           |
| 2026-03-24 | 3.2100%           |
| 2026-03-25 | 3.2100%           |
| 2026-03-26 | 3.2100%           |
| 2026-03-27 | 3.2100%           |
| 2026-03-30 | 3.2100%           |
| 2026-03-31 | 3.2200%           |

**Beneficial/Record Owner Categories**
| Category          | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Insurance company |  | 68.5800%         | 0.0000%              |
| Insurance company |  | 6.6700%          | 0.0000%              |
| Insurance company |  | 20.6800%         | 0.0000%              |

### Class: Service Class

- **Minimum Initial Investment:** $1.00

- **Net Assets of Class:** $89314647.71

- **Number of Shares Outstanding:** 89379839.5800

- **Expense Reimbursement/Waiver:** 20082.00

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2026-03-02 | 0.9992          |
|  |  |
| 2026-03-03 | 0.9992          |
|  |  |
| 2026-03-04 | 0.9992          |
|  |  |
| 2026-03-05 | 0.9993          |
|  |  |
| 2026-03-06 | 0.9992          |
|  |  |
| 2026-03-09 | 0.9993          |
|  |  |
| 2026-03-10 | 0.9993          |
|  |  |
| 2026-03-11 | 0.9993          |
|  |  |
| 2026-03-12 | 0.9993          |
|  |  |
| 2026-03-13 | 0.9992          |
|  |  |
| 2026-03-16 | 0.9993          |
|  |  |
| 2026-03-17 | 0.9993          |
|  |  |
| 2026-03-18 | 0.9993          |
|  |  |
| 2026-03-19 | 0.9992          |
|  |  |
| 2026-03-20 | 0.9992          |
|  |  |
| 2026-03-23 | 0.9992          |
|  |  |
| 2026-03-24 | 0.9992          |
|  |  |
| 2026-03-25 | 0.9992          |
|  |  |
| 2026-03-26 | 0.9992          |
|  |  |
| 2026-03-27 | 0.9992          |
|  |  |
| 2026-03-30 | 0.9992          |
|  |  |
| 2026-03-31 | 0.9992          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2026-03-02 | $240805.21                | $33.84                  |
| 2026-03-03 | $695.17                   | $197119.64              |
| 2026-03-04 | $0.00                     | $138049.71              |
| 2026-03-05 | $5752136.92               | $0.00                   |
| 2026-03-06 | $95930.35                 | $117138.74              |
| 2026-03-09 | $0.00                     | $17223.95               |
| 2026-03-10 | $0.00                     | $1136091.88             |
| 2026-03-11 | $0.00                     | $24686.24               |
| 2026-03-12 | $0.00                     | $61048.79               |
| 2026-03-13 | $811.06                   | $49886.14               |
| 2026-03-16 | $0.00                     | $86207.57               |
| 2026-03-17 | $0.00                     | $48204.21               |
| 2026-03-18 | $0.00                     | $4182.95                |
| 2026-03-19 | $0.00                     | $149696.91              |
| 2026-03-20 | $0.00                     | $36214.69               |
| 2026-03-23 | $0.00                     | $33690.55               |
| 2026-03-24 | $21279.39                 | $86054.11               |
| 2026-03-25 | $0.00                     | $7748.85                |
| 2026-03-26 | $0.00                     | $359278.14              |
| 2026-03-27 | $0.00                     | $32344.03               |
| 2026-03-30 | $0.00                     | $14493.98               |
| 2026-03-31 | $0.00                     | $97501.50               |

**Total Gross Subscriptions (Month):** $6111658.10

**Total Gross Redemptions (Month):** $2696896.42

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2026-03-02 | 3.2500%           |
| 2026-03-03 | 3.2500%           |
| 2026-03-04 | 3.2500%           |
| 2026-03-05 | 3.2300%           |
| 2026-03-06 | 3.2200%           |
| 2026-03-09 | 3.2200%           |
| 2026-03-10 | 3.2100%           |
| 2026-03-11 | 3.2100%           |
| 2026-03-12 | 3.2200%           |
| 2026-03-13 | 3.2100%           |
| 2026-03-16 | 3.2200%           |
| 2026-03-17 | 3.2200%           |
| 2026-03-18 | 3.2200%           |
| 2026-03-19 | 3.2100%           |
| 2026-03-20 | 3.2100%           |
| 2026-03-23 | 3.2100%           |
| 2026-03-24 | 3.2100%           |
| 2026-03-25 | 3.2100%           |
| 2026-03-26 | 3.2100%           |
| 2026-03-27 | 3.2100%           |
| 2026-03-30 | 3.2100%           |
| 2026-03-31 | 3.2200%           |

**Beneficial/Record Owner Categories**
| Category          | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Insurance company |  | 11.1500%         | 0.0000%              |
| Insurance company |  | 83.8400%         | 0.0000%              |

## Part C: Schedule of Portfolio Securities

### Security 1: Bank of America NA

- **C.1 - Title:** Bank of America NA 3.640000%
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.3 - CUSIP: 03199T002, C.3 - LEI: 549300HN4UKV1E2R3U73, C.5 - Other ID: 03199T002_3.64_0401
- **C.18 - Value (incl. sponsor support):** $48682000.00
- **C.18.a - Value (excl. sponsor support):** $48682000.00
- **C.19 - Percentage of Net Assets:** 18.5900%
- **C.17 - Yield as of Reporting Date:** 3.6400%
- **C.11 - Maturity Date (WAM):** 2026-04-01
- **C.12 - Maturity Date (WAL):** 2026-04-01
- **C.13 - Final Legal Maturity Date:** 2026-04-01
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

**C.8 - Repurchase Agreement Details:**

- **Is Open?:** No

- **Is Cleared?:** No

- **Is Tri-party?:** No

**Collateral:**
| Issuer Name        | Maturity Date   | Coupon   | Yield   | Principal Amount   | Collateral Value   | Category                           |
|:---|:---|:---|:---|:---|:---|:---|
| U.S. Treasury Bond | 2044-02-15      | 4.5000%  | 0.0000% | $51766000.00       | $49760067.50       | U.S. Treasuries (including strips) |

### Security 2: Federal Farm Credit Bank

- **C.1 - Title:** Federal Farm Credit Bank
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313313H76, C.4 - ISIN: US313313H761, C.3 - LEI: 254900C5LP6DN9OP9V83
- **C.18 - Value (incl. sponsor support):** $5105236.50
- **C.18.a - Value (excl. sponsor support):** $5105236.50
- **C.19 - Percentage of Net Assets:** 1.9500%
- **C.17 - Yield as of Reporting Date:** 3.5900%
- **C.11 - Maturity Date (WAM):** 2026-09-30
- **C.12 - Maturity Date (WAL):** 2026-09-30
- **C.13 - Final Legal Maturity Date:** 2026-09-30
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 3: Federal Farm Credit Bank

- **C.1 - Title:** Federal Farm Credit Bank
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313313VN5, C.4 - ISIN: US313313VN56, C.3 - LEI: 254900C5LP6DN9OP9V83
- **C.18 - Value (incl. sponsor support):** $6391064.90
- **C.18.a - Value (excl. sponsor support):** $6391064.90
- **C.19 - Percentage of Net Assets:** 2.4400%
- **C.17 - Yield as of Reporting Date:** 3.5900%
- **C.11 - Maturity Date (WAM):** 2026-04-14
- **C.12 - Maturity Date (WAL):** 2026-04-14
- **C.13 - Final Legal Maturity Date:** 2026-04-14
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 4: Federal Farm Credit Bank

- **C.1 - Title:** Federal Farm Credit Bank
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313313VU9, C.4 - ISIN: US313313VU99, C.3 - LEI: 254900C5LP6DN9OP9V83
- **C.18 - Value (incl. sponsor support):** $5988033.36
- **C.18.a - Value (excl. sponsor support):** $5988033.36
- **C.19 - Percentage of Net Assets:** 2.2900%
- **C.17 - Yield as of Reporting Date:** 3.5900%
- **C.11 - Maturity Date (WAM):** 2026-04-20
- **C.12 - Maturity Date (WAL):** 2026-04-20
- **C.13 - Final Legal Maturity Date:** 2026-04-20
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 5: Federal Farm Credit Bank

- **C.1 - Title:** Federal Farm Credit Bank
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313313WJ3, C.4 - ISIN: US313313WJ36, C.3 - LEI: 254900C5LP6DN9OP9V83
- **C.18 - Value (incl. sponsor support):** $7623917.78
- **C.18.a - Value (excl. sponsor support):** $7623917.78
- **C.19 - Percentage of Net Assets:** 2.9100%
- **C.17 - Yield as of Reporting Date:** 3.6100%
- **C.11 - Maturity Date (WAM):** 2026-05-04
- **C.12 - Maturity Date (WAL):** 2026-05-04
- **C.13 - Final Legal Maturity Date:** 2026-05-04
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 6: Federal Farm Credit Bank

- **C.1 - Title:** Federal Farm Credit Bank
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313313YE2, C.4 - ISIN: US313313YE21, C.3 - LEI: 254900C5LP6DN9OP9V83
- **C.18 - Value (incl. sponsor support):** $6697276.90
- **C.18.a - Value (excl. sponsor support):** $6697276.90
- **C.19 - Percentage of Net Assets:** 2.5600%
- **C.17 - Yield as of Reporting Date:** 3.6100%
- **C.11 - Maturity Date (WAM):** 2026-06-17
- **C.12 - Maturity Date (WAL):** 2026-06-17
- **C.13 - Final Legal Maturity Date:** 2026-06-17
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 7: Federal Home Loan Bank

- **C.1 - Title:** Federal Home Loan Bank
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385VJ2, C.4 - ISIN: US313385VJ22, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $9770247.19
- **C.18.a - Value (excl. sponsor support):** $9770247.19
- **C.19 - Percentage of Net Assets:** 3.7300%
- **C.17 - Yield as of Reporting Date:** 3.5900%
- **C.11 - Maturity Date (WAM):** 2026-04-10
- **C.12 - Maturity Date (WAL):** 2026-04-10
- **C.13 - Final Legal Maturity Date:** 2026-04-10
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 8: Federal Home Loan Bank

- **C.1 - Title:** Federal Home Loan Bank
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385WN2, C.4 - ISIN: US313385WN25, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $13946652.16
- **C.18.a - Value (excl. sponsor support):** $13946652.16
- **C.19 - Percentage of Net Assets:** 5.3300%
- **C.17 - Yield as of Reporting Date:** 3.6100%
- **C.11 - Maturity Date (WAM):** 2026-05-08
- **C.12 - Maturity Date (WAL):** 2026-05-08
- **C.13 - Final Legal Maturity Date:** 2026-05-08
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 9: Federal Home Loan Mortgage Corp.

- **C.1 - Title:** Federal Home Loan Mortgage Corp.
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313397VU2, C.4 - ISIN: US313397VU23, C.3 - LEI: S6XOOCT0IEG5ABCC6L87
- **C.18 - Value (incl. sponsor support):** $7984044.48
- **C.18.a - Value (excl. sponsor support):** $7984044.48
- **C.19 - Percentage of Net Assets:** 3.0500%
- **C.17 - Yield as of Reporting Date:** 3.5900%
- **C.11 - Maturity Date (WAM):** 2026-04-20
- **C.12 - Maturity Date (WAL):** 2026-04-20
- **C.13 - Final Legal Maturity Date:** 2026-04-20
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 10: Federal Home Loan Mortgage Corp.

- **C.1 - Title:** Federal Home Loan Mortgage Corp.
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313397XH9, C.4 - ISIN: US313397XH93, C.3 - LEI: S6XOOCT0IEG5ABCC6L87
- **C.18 - Value (incl. sponsor support):** $7954273.36
- **C.18.a - Value (excl. sponsor support):** $7954273.36
- **C.19 - Percentage of Net Assets:** 3.0400%
- **C.17 - Yield as of Reporting Date:** 3.6100%
- **C.11 - Maturity Date (WAM):** 2026-05-27
- **C.12 - Maturity Date (WAL):** 2026-05-27
- **C.13 - Final Legal Maturity Date:** 2026-05-27
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 11: Federal National Mortgage Assoc.

- **C.1 - Title:** Federal National Mortgage Assoc.
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313589YP2, C.4 - ISIN: US313589YP25, C.3 - LEI: B1V7KEBTPIMZEU4LTD58
- **C.18 - Value (incl. sponsor support):** $8624204.90
- **C.18.a - Value (excl. sponsor support):** $8624204.90
- **C.19 - Percentage of Net Assets:** 3.2900%
- **C.17 - Yield as of Reporting Date:** 3.6100%
- **C.11 - Maturity Date (WAM):** 2026-06-26
- **C.12 - Maturity Date (WAL):** 2026-06-26
- **C.13 - Final Legal Maturity Date:** 2026-06-26
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 12: Fixed Income Clearing Corp. - State Street Bank & Trust Co.

- **C.1 - Title:** Fixed Income Clearing Corp. - State Street Bank & Trust Co. 3.630000%
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.3 - CUSIP: 85748R009, C.3 - LEI: 549300H47WTHXPU08X20, C.5 - Other ID: 85748R009_3.63_0401
- **C.18 - Value (incl. sponsor support):** $48681527.00
- **C.18.a - Value (excl. sponsor support):** $48681527.00
- **C.19 - Percentage of Net Assets:** 18.5900%
- **C.17 - Yield as of Reporting Date:** 3.6300%
- **C.11 - Maturity Date (WAM):** 2026-04-01
- **C.12 - Maturity Date (WAL):** 2026-04-01
- **C.13 - Final Legal Maturity Date:** 2026-04-01
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

**C.8 - Repurchase Agreement Details:**

- **Is Open?:** No

- **Is Cleared?:** Yes

- **Name of CCP:** Fixed Income Clearing Corp.

- **Is Tri-party?:** No

**Collateral:**
| Issuer Name        | Maturity Date   | Coupon   | Yield   | Principal Amount   | Collateral Value   | Category                           |
|:---|:---|:---|:---|:---|:---|:---|
| U.S. Treasury Note | 2028-05-15      | 3.7500%  | 0.0000% | $49056100.00       | $49655326.15       | U.S. Treasuries (including strips) |

### Security 13: U.S. Treasury Bill

- **C.1 - Title:** U.S. Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797QD2, C.4 - ISIN: US912797QD26, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $19121019.73
- **C.18.a - Value (excl. sponsor support):** $19121019.73
- **C.19 - Percentage of Net Assets:** 7.3000%
- **C.17 - Yield as of Reporting Date:** 3.6900%
- **C.11 - Maturity Date (WAM):** 2026-04-16
- **C.12 - Maturity Date (WAL):** 2026-04-16
- **C.13 - Final Legal Maturity Date:** 2026-04-16
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 14: U.S. Treasury Bill

- **C.1 - Title:** U.S. Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797QN0, C.4 - ISIN: US912797QN08, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $5675235.21
- **C.18.a - Value (excl. sponsor support):** $5675235.21
- **C.19 - Percentage of Net Assets:** 2.1700%
- **C.17 - Yield as of Reporting Date:** 3.7000%
- **C.11 - Maturity Date (WAM):** 2026-05-14
- **C.12 - Maturity Date (WAL):** 2026-05-14
- **C.13 - Final Legal Maturity Date:** 2026-05-14
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 15: U.S. Treasury Bill

- **C.1 - Title:** U.S. Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797SP3, C.4 - ISIN: US912797SP38, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $8468924.00
- **C.18.a - Value (excl. sponsor support):** $8468924.00
- **C.19 - Percentage of Net Assets:** 3.2300%
- **C.17 - Yield as of Reporting Date:** 3.7200%
- **C.11 - Maturity Date (WAM):** 2026-05-07
- **C.12 - Maturity Date (WAL):** 2026-05-07
- **C.13 - Final Legal Maturity Date:** 2026-05-07
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 16: U.S. Treasury Bill

- **C.1 - Title:** U.S. Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797SW8, C.4 - ISIN: US912797SW88, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $8351760.90
- **C.18.a - Value (excl. sponsor support):** $8351760.90
- **C.19 - Percentage of Net Assets:** 3.1900%
- **C.17 - Yield as of Reporting Date:** 3.7000%
- **C.11 - Maturity Date (WAM):** 2026-05-28
- **C.12 - Maturity Date (WAL):** 2026-05-28
- **C.13 - Final Legal Maturity Date:** 2026-05-28
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 17: U.S. Treasury Bill

- **C.1 - Title:** U.S. Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797TE7, C.4 - ISIN: US912797TE71, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $7436456.63
- **C.18.a - Value (excl. sponsor support):** $7436456.63
- **C.19 - Percentage of Net Assets:** 2.8400%
- **C.17 - Yield as of Reporting Date:** 3.6700%
- **C.11 - Maturity Date (WAM):** 2026-06-25
- **C.12 - Maturity Date (WAL):** 2026-06-25
- **C.13 - Final Legal Maturity Date:** 2026-06-25
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 18: U.S. Treasury Bill

- **C.1 - Title:** U.S. Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797TG2, C.4 - ISIN: US912797TG20, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $8394945.64
- **C.18.a - Value (excl. sponsor support):** $8394945.64
- **C.19 - Percentage of Net Assets:** 3.2100%
- **C.17 - Yield as of Reporting Date:** 3.6600%
- **C.11 - Maturity Date (WAM):** 2026-04-07
- **C.12 - Maturity Date (WAL):** 2026-04-07
- **C.13 - Final Legal Maturity Date:** 2026-04-07
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 19: U.S. Treasury Bill

- **C.1 - Title:** U.S. Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797TJ6, C.4 - ISIN: US912797TJ68, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $6287293.28
- **C.18.a - Value (excl. sponsor support):** $6287293.28
- **C.19 - Percentage of Net Assets:** 2.4000%
- **C.17 - Yield as of Reporting Date:** 3.6900%
- **C.11 - Maturity Date (WAM):** 2026-04-21
- **C.12 - Maturity Date (WAL):** 2026-04-21
- **C.13 - Final Legal Maturity Date:** 2026-04-21
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 20: U.S. Treasury Bill

- **C.1 - Title:** U.S. Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797UA3, C.4 - ISIN: US912797UA31, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $9725530.39
- **C.18.a - Value (excl. sponsor support):** $9725530.39
- **C.19 - Percentage of Net Assets:** 3.7100%
- **C.17 - Yield as of Reporting Date:** 3.6800%
- **C.11 - Maturity Date (WAM):** 2026-06-16
- **C.12 - Maturity Date (WAL):** 2026-06-16
- **C.13 - Final Legal Maturity Date:** 2026-06-16
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 21: U.S. Treasury Bill

- **C.1 - Title:** U.S. Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797UN5, C.4 - ISIN: US912797UN51, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $11784349.61
- **C.18.a - Value (excl. sponsor support):** $11784349.61
- **C.19 - Percentage of Net Assets:** 4.5000%
- **C.17 - Yield as of Reporting Date:** 3.6900%
- **C.11 - Maturity Date (WAM):** 2026-07-07
- **C.12 - Maturity Date (WAL):** 2026-07-07
- **C.13 - Final Legal Maturity Date:** 2026-07-07
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

## N-MFP: Signatures

**Registrant:** MFS VARIABLE INSURANCE TRUST II

**Date:** 2026-04-07

**By:** James Byrne

**Name of Signing Officer:** James Byrne

**Title of Signing Officer:** Assistant Treasurer