Invesco V.I. High Yield Fund

as of 12/31/2025

Complete Quarterly Holdings

Security Coupon Maturity Net Assets (%)
Invesco Treasury Portfolio 2.31
Nationstar Mortgage Holdings Inc 7.12 02/01/2032 2.09
Versant Media Group Inc 7.25 01/30/2031 1.83
Cushman & Wakefield US Borrower LLC 6.47 01/31/2030 1.60
Diversified Healthcare Trust 0.00 01/15/2026 1.38
Clear Channel Outdoor Holdings Inc 7.83 08/23/2028 1.26
Invesco Government & Agency Portfol 01/01/2025 1.24
New Gold Inc 6.88 04/01/2032 1.10
Vistra Operations Co LLC 6.88 04/15/2032 1.10
TransDigm Inc 6.22 01/19/2032 1.10
EZCORP Inc 7.38 04/01/2032 1.06
Altice France SA 1.06
TransDigm Inc 6.00 01/15/2033 1.04
Vodafone Group PLC 4.12 06/04/2081 1.02
iShares Broad USD High Yield Corpor 1.02
Clarios Global LP / Clarios US Fina 4.75 06/15/2031 0.97
ION Platform Finance SARL 6.88 09/30/2032 0.92
EchoStar Corp 6.75 11/30/2030 0.91
CCO Holdings LLC / CCO Holdings Cap 4.50 06/01/2033 0.85
Virgin Media Secured Finance PLC 4.50 08/15/2030 0.84
Carriage Services Inc 4.25 05/15/2029 0.82
American Airlines Inc/AAdvantage Lo 5.75 04/20/2029 0.81
Viking Cruises Ltd 5.88 10/15/2033 0.79
NRG Energy Inc 6.00 01/15/2036 0.78
Emrld Borrower LP 6.12 08/04/2031 0.78
Hawaiian Electric Co Inc 6.00 10/01/2033 0.78
Acrisure LLC / Acrisure Finance Inc 7.50 11/06/2030 0.77
FirstCash Inc 6.88 03/01/2032 0.77
GGAM Finance Ltd 6.88 04/15/2029 0.77
Global Aircraft Leasing Co Ltd 8.75 09/01/2027 0.77
Provident Funding Associates LP / P 9.75 09/15/2029 0.76
Venture Global LNG Inc 9.88 02/01/2032 0.75
Air Lease Corp 4.65 12/31/2099 0.75
Esab Corp 6.25 04/15/2029 0.75
Clarivate Science Holdings Corp 4.88 07/01/2029 0.74
Tidewater Inc 9.12 07/15/2030 0.74
California Buyer Ltd / Atlantica Su 6.38 02/15/2032 0.73
Vistra Corp 8.88 12/31/2059 0.73
Iliad Holding SAS 7.00 04/15/2032 0.71
Antero Midstream Partners LP / Ante 5.75 07/01/2034 0.71
Fibercop SpA 6.00 09/30/2034 0.67
Cloud Software Group Inc 9.00 09/30/2029 0.65
Aircastle Ltd 5.25 12/31/2099 0.64
CSC Holdings LLC 4.50 11/15/2031 0.62
Jane Street Group / JSG Finance Inc 6.75 05/01/2033 0.61
Iron Mountain Information Managemen 5.00 07/15/2032 0.60
RB Global Holdings Inc 6.75 03/15/2028 0.60
OneMain Finance Corp 3.50 01/15/2027 0.59
Kioxia Holdings Corp 6.62 07/24/2033 0.57
Enpro Inc 6.12 06/01/2033 0.55
Bausch + Lomb Corp 7.97 01/30/2031 0.54
ION Platform Finance SARL 6.50 09/30/2030 0.54
Brink's Co/The 6.75 06/15/2032 0.54
Asurion LLC and Asurion Co-Issuer I 8.00 12/31/2032 0.53
Medline Borrower LP 5.25 10/01/2029 0.53
Sunoco LP 5.88 03/15/2034 0.53
Group 1 Automotive Inc 6.38 01/15/2030 0.53
EnerSys 6.62 01/15/2032 0.53
Lithia Motors Inc 4.38 01/15/2031 0.53
HA Sustainable Infrastructure Capit 8.00 06/01/2056 0.53
Iliad Holding SAS 8.50 04/15/2031 0.52
Allison Transmission Inc 3.75 01/30/2031 0.52
Starz Capital Holdings 1 Inc 6.00 04/15/2030 0.52
ION Platform Finance US Inc 7.88 09/30/2032 0.52
Roller Bearing Co of America Inc 4.38 10/15/2029 0.51
Cipher Compute LLC 7.12 11/15/2030 0.51
WULF Compute LLC 7.75 10/15/2030 0.51
Greystar Real Estate Partners LLC 6.32 08/21/2030 0.51
CCO Holdings LLC / CCO Holdings Cap 5.38 06/01/2029 0.50
VoltaGrid LLC 7.38 11/01/2030 0.50
LCM Investments Holdings II LLC 8.25 08/01/2031 0.50
AerCap Ireland Capital DAC / AerCap 6.95 03/10/2055 0.49
Brookfield Infrastructure Finance U 6.75 03/15/2055 0.48
Jane Street Group / JSG Finance Inc 6.12 11/01/2032 0.47
CMA CGM SA 4.88 01/15/2032 0.47
Hilton Domestic Operating Co Inc 5.88 03/15/2033 0.47
Windstream Services LLC 7.50 10/15/2033 0.47
Newell Brands Inc 6.38 05/15/2030 0.47
Level 3 Financing Inc 7.00 03/31/2034 0.46
Genesis Energy LP / Genesis Energy 7.88 05/15/2032 0.46
RB Global Holdings Inc 7.75 03/15/2031 0.46
Wrangler Holdco Corp 6.62 04/01/2032 0.45
1261229 BC Ltd 10.00 04/15/2032 0.45
Iron Mountain Inc 4.50 02/15/2031 0.45
CHS/Community Health Systems Inc 4.75 02/15/2031 0.41
Tenet Healthcare Corp 4.25 06/01/2029 0.41
CHS/Community Health Systems Inc 5.25 05/15/2030 0.40
Sunoco LP 6.25 07/01/2033 0.40
Atos SE 5.20 12/18/2030 0.40
Warnermedia Holdings Inc 5.05 03/15/2042 0.40
Studio City Finance Ltd 5.00 01/15/2029 0.39
AP Grange Holdings LLC 6.50 03/20/2045 0.39
Venture Global Plaquemines LNG LLC 6.50 01/15/2034 0.39
Venture Global Plaquemines LNG LLC 6.75 01/15/2036 0.38
Genesis Energy LP / Genesis Energy 8.00 05/15/2033 0.38
Carvana Co 9.00 06/01/2031 0.36
Newell Brands Inc 6.62 09/15/2029 0.36
Forvia SE 8.00 06/15/2030 0.36
Danaos Corp 6.88 10/15/2032 0.35
Melco Resorts Finance Ltd 6.50 09/24/2033 0.35
Transocean International Ltd 7.88 10/15/2032 0.35
Cougar JV Subsidiary LLC 8.00 05/15/2032 0.34
American Axle & Manufacturing Inc 7.75 10/15/2033 0.34
Hologic Inc 3.25 02/15/2029 0.34
Global Partners LP / GLP Finance Co 7.12 07/01/2033 0.34
Brundage-Bone Concrete Pumping Hold 7.50 02/01/2032 0.33
Rocket Cos Inc 6.12 08/01/2030 0.33
AECOM 6.00 08/01/2033 0.33
DISH DBS Corp 5.12 06/01/2029 0.33
Alliant Holdings Intermediate LLC / 7.00 01/15/2031 0.33
Tallgrass Energy Partners LP / Tall 7.38 02/15/2029 0.33
NESCO Holdings II Inc 5.50 04/15/2029 0.33
Uniti Group LP / Uniti Group Financ 8.62 06/15/2032 0.33
RHP Hotel Properties LP / RHP Finan 6.50 06/15/2033 0.33
Caturus Energy LLC 8.50 02/15/2030 0.33
CCO Holdings LLC / CCO Holdings Cap 4.75 02/01/2032 0.33
GFL Environmental Inc 4.00 08/01/2028 0.33
SS&C Technologies Inc 5.50 09/30/2027 0.33
Voyager Parent LLC 9.25 07/01/2032 0.33
Excelerate Energy LP 8.00 05/15/2030 0.33
Sunrise FinCo I BV 4.62 05/15/2032 0.32
TrueNoord Capital DAC 8.75 03/01/2030 0.32
Entergy Corp 7.12 12/01/2054 0.32
New Enterprise Stone & Lime Co Inc 5.25 07/15/2028 0.32
Vmed O2 UK Financing I PLC 4.75 07/15/2031 0.32
RLJ Lodging Trust LP 4.00 09/15/2029 0.32
Great Lakes Dredge & Dock Corp 5.25 06/01/2029 0.32
Endo Finance Holdings Inc 7.47 04/23/2031 0.32
Aethon United BR LP / Aethon United 7.50 10/01/2029 0.32
Cerdia Finanz GmbH 9.38 10/03/2031 0.32
Comstock Resources Inc 6.75 03/01/2029 0.32
Summit Midstream Holdings LLC 8.62 10/31/2029 0.32
Antero Midstream Partners LP / Ante 6.62 02/01/2032 0.32
Walker & Dunlop Inc 6.62 04/01/2033 0.31
Celanese US Holdings LLC 7.20 11/15/2033 0.31
CenterPoint Energy Inc 6.70 05/15/2055 0.31
Northriver Midstream Finance LP 6.75 07/15/2032 0.31
BondBloxx CCC-Rated USD High Yield 0.31
Lamar Media Corp 5.38 11/01/2033 0.31
DISH DBS Corp 7.38 07/01/2028 0.31
Medline Borrower LP 3.88 04/01/2029 0.30
Worldline SA/France 4.12 09/12/2028 0.29
Office Properties Income Trust 9.00 12/31/2059 0.28
Opal Bidco SAS 6.50 03/31/2032 0.28
OneMain Finance Corp 6.62 05/15/2029 0.28
Whirlpool Corp 4.75 02/26/2029 0.26
Clydesdale Acquisition Holdings Inc 6.75 04/15/2032 0.25
Clydesdale Acquisition Holdings Inc 8.75 04/15/2030 0.25
Allison Transmission Inc 5.88 12/01/2033 0.25
AAdvantage Loyalty IP Ltd 7.13 05/07/2032 0.25
Whirlpool Corp 6.50 06/15/2033 0.24
Mexico Government International Bon 5.62 09/22/2035 0.23
Prairie Acquiror LP 7.47 08/01/2029 0.23
AMC Networks Inc 4.25 02/15/2029 0.23
Level 3 Financing Inc 8.50 01/15/2036 0.22
CCO Holdings LLC / CCO Holdings Cap 4.50 05/01/2032 0.22
Venture Global Plaquemines LNG LLC 6.12 12/15/2030 0.22
Vistra Operations Co LLC 7.75 10/15/2031 0.22
OneMain Finance Corp 7.12 09/15/2032 0.21
Tenet Healthcare Corp 5.50 11/15/2032 0.21
Sensata Technologies Inc 6.62 07/15/2032 0.21
Venture Global LNG Inc 9.00 12/31/2099 0.20
Navient Corp 5.00 03/15/2027 0.20
MPH Acquisition Holdings LLC 11.50 12/31/2030 0.20
Phinia Inc 6.62 10/15/2032 0.19
Univision Communications Inc 8.00 08/15/2028 0.19
Virgin Media O2 Vendor Financing No 7.88 03/15/2032 0.18
iHeartCommunications Inc 9.12 05/01/2029 0.18
HUB International Ltd 7.38 01/31/2032 0.18
CCO Holdings LLC / CCO Holdings Cap 4.25 01/15/2034 0.18
PetSmart LLC / PetSmart Finance Cor 10.00 09/15/2033 0.18
Cleveland-Cliffs Inc 7.00 03/15/2032 0.18
Jefferies Finance LLC / JFIN Co-Iss 5.00 08/15/2028 0.18
Diversified Healthcare Trust 7.25 10/15/2030 0.18
Clarios Global LP / Clarios US Fina 6.75 09/15/2032 0.17
EchoStar Corp 10.75 11/30/2029 0.17
Fibercop SpA 7.20 07/18/2036 0.17
PennyMac Financial Services Inc 4.25 02/15/2029 0.17
Nissan Motor Co Ltd 8.12 07/17/2035 0.17
Nissan Motor Acceptance Co LLC 7.05 09/15/2028 0.17
First Quantum Minerals Ltd 8.62 06/01/2031 0.17
Vistra Corp 8.00 12/31/2049 0.17
DISH Network Corp 11.75 11/15/2027 0.17
DaVita Inc 6.75 07/15/2033 0.17
Telecom Italia Capital SA 6.38 11/15/2033 0.17
Beignet Investor LLC 6.58 05/30/2049 0.16
PetSmart LLC / PetSmart Finance Cor 7.50 09/15/2032 0.16
Cleveland-Cliffs Inc 6.88 11/01/2029 0.16
CoreWeave Inc Conv Bnd 1.75 12/01/2031 0.16
First Quantum Minerals Ltd 8.00 03/01/2033 0.16
Telecom Italia Capital SA 7.72 06/04/2038 0.16
USI Inc/NY 7.50 01/15/2032 0.16
DaVita Inc 6.88 09/01/2032 0.16
Level 3 Financing Inc 6.88 06/30/2033 0.16
Petroleos Mexicanos 6.62 06/15/2035 0.15
Sunoco LP 7.88 12/31/2099 0.15
Clear Channel Outdoor Holdings Inc 7.12 02/15/2031 0.15
CHC Group LLC 11.75 09/01/2030 0.15
HUB International Ltd 7.25 06/15/2030 0.15
Phinia Inc 6.75 04/15/2029 0.14
Univision Communications Inc 9.38 08/01/2032 0.14
Sensata Technologies Inc 3.75 02/15/2031 0.14
Vistra Operations Co LLC 5.00 07/31/2027 0.14
Celanese US Holdings LLC 7.38 02/15/2034 0.14
Amneal Pharmaceuticals LLC 7.22 07/31/2032 0.14
Freedom Mortgage Holdings LLC 8.38 04/01/2032 0.13
CoreWeave Inc 9.00 02/01/2031 0.13
Clear Channel Outdoor Holdings Inc 7.75 04/15/2028 0.13
Cloud Software Group Inc 8.25 06/30/2032 0.13
Clear Channel Outdoor Holdings Inc 7.50 03/15/2033 0.12
Tenet Healthcare Corp 6.75 05/15/2031 0.12
Gray Media Inc 9.62 07/15/2032 0.12
MPH Acquisition Holdings LLC 5.75 12/31/2030 0.12
EUR/USD CFWD2026128 01/28/2026 0.11
Studio City Finance Ltd 6.50 01/15/2028 0.11
Lumen Technologies Inc 0.11
Altice France Lux 3 / Altice Holdin 10.00 01/15/2033 0.10
CSC Holdings LLC 8.25 04/15/2027 0.10
Amneal Pharmaceuticals LLC 6.88 08/01/2032 0.10
Navient Corp 9.38 07/25/2030 0.10
Level 3 Financing Inc 4.88 06/15/2029 0.09
Directv Financing LLC / Directv Fin 10.00 02/15/2031 0.09
CASH & EQUIVALENTS 0.00 0.09
Warnermedia Holdings Inc 5.14 03/15/2052 0.09
Directv Financing LLC 8.88 02/01/2030 0.09
Getty Images Inc 10.50 11/15/2030 0.09
FMC Corp 3.45 10/01/2029 0.08
AMC Networks Inc 10.50 07/15/2032 0.08
Diversified Healthcare Trust 4.38 03/01/2031 0.08
MPH Acquisition Holdings LLC 7.59 12/31/2030 0.08
Clear Channel Outdoor Holdings Inc 7.50 06/01/2029 0.07
Altice France SA 6.88 07/15/2032 0.07
Sinclair Television Group Inc 8.12 02/15/2033 0.07
Staples Inc 10.75 09/01/2029 0.06
EW Scripps Co/The 9.88 08/15/2030 0.06
McAfee Corp 7.38 02/15/2030 0.06
CoreWeave Inc 9.25 06/01/2030 0.06
CSC Holdings LLC 5.75 01/15/2030 0.06
Michaels Cos Inc/The 7.88 05/01/2029 0.06
Bausch Health Cos Inc 5.25 01/30/2030 0.05
Sabre GLBL Inc 11.12 07/15/2030 0.05
Bausch Health Cos Inc 6.25 02/15/2029 0.05
Gray Media Inc 5.38 11/15/2031 0.05
Sunoco LP 5.62 03/15/2031 0.05
Bausch Health Cos Inc 5.00 02/15/2029 0.04
Tenet Healthcare Corp 6.00 11/15/2033 0.04
Bausch Health Cos Inc 5.25 02/15/2031 0.04
AMC Entertainment Holdings Inc 7.50 02/15/2029 0.04
MPT Operating Partnership LP / MPT 3.50 03/15/2031 0.04
Altice France SA 4.75 10/15/2030 0.04
MPT Operating Partnership LP / MPT 4.62 08/01/2029 0.03
LBM Acquisition LLC 6.25 01/15/2029 0.03
Michaels Cos Inc/The 5.25 05/01/2028 0.03
SGUS LLC 11.00 12/15/2029 0.03
Lumen Technologies Inc 10.00 10/15/2032 0.03
Level 3 Financing Inc 3.75 07/15/2029 0.03
0.03
Camelot Return Merger Sub Inc 8.75 08/01/2028 0.03
LABL Inc 10.50 07/15/2027 0.03
Vmed O2 UK Financing I PLC 6.75 01/15/2033 0.03
Cornerstone Building Brands Inc 9.50 08/15/2029 0.03
CSC Holdings LLC 6.50 02/01/2029 0.02
JELD-WEN Inc 7.00 09/01/2032 0.02
Sinclair Television Group Inc 5.50 03/01/2030 0.02
Americanas SA 0.02
JELD-WEN Inc 4.88 12/15/2027 0.02
Lumen Technologies Inc 7.60 09/15/2039 0.02
Staples Inc 12.75 01/15/2030 0.02
Lumen Technologies Inc 4.50 01/15/2029 0.02
Level 3 Financing Inc 3.62 01/15/2029 0.02
Xerox Corp 13.50 04/15/2031 0.02
Lumen Technologies Inc 7.65 03/15/2042 0.02
Xerox Holdings Corp 5.50 08/15/2028 0.02
Sabre GLBL Inc 10.75 11/15/2029 0.01
Sabre GLBL Inc 10.75 03/15/2030 0.01
Xerox Corp 10.25 10/15/2030 0.01
Vibrantz Technologies Inc 9.00 02/15/2030 0.01
Saks Global Enterprises LLC 11.00 12/15/2029 0.01
GBP/USD CFWD2026128 01/28/2026 0.01
Xerox Holdings Corp 8.88 11/30/2029 0.01
Lumen Technologies Inc 5.38 06/15/2029 0.01
GBP/USD CFWD2026128 01/28/2026 0.01
EUR/USD CFWD2026128 01/28/2026 0.01
Americanas SA Wts 0.01
New Fortress Energy Inc 6.50 09/30/2026 0.00
Xerox Corp 4.80 03/01/2035 0.00
Xerox Corp 6.75 12/15/2039 0.00
Casino Guichard Perrachon SA 0.00
OneMain Finance Corp 4.00 09/15/2030 0.00
Altice France Holding SA 0.00
Casino Guichard Perrachon SA Wts 0.00
Codere Online Luxembourg SA 0.00
USD/EUR CFWD2026128 01/28/2026 -0.00
USD/EUR CFWD2026128 01/28/2026 -0.00
USD/GBP CFWD2026128 01/28/2026 -0.00
USD/EUR CFWD2026128 01/28/2026 -0.01
USD/EUR CFWD2026128 01/28/2026 -0.07