Variable Portfolio - Moderate Portfolio
Actively managed U.S. stock fund
As of its 2026 Q2 report, Variable Portfolio - Moderate Portfolio held 43 positions with $13.66B in net assets. Its ten largest holdings made up 64.6% of the fund. Its share classes cost 0.71%–0.96% a year. Over the 12 months to May 2026, it returned 16.3%, with dividends reinvested. In 2026 Q2 it added 11 new positions and exited 10.
Variable Portfolio-Moderate Portfolio (Moderate Portfolio or the Fund) seeks to provide a high level of total return that is consistent with a moderate level of risk.
The fund is a fund of funds that invests in underlying funds across three primary asset classes—equity, fixed income and cash/cash equivalents—and alternative strategies seeking returns uncorrelated to broad equity and fixed income markets. The fund targets allocations of 40–55% equity, 40–60% fixed income and cash/cash equivalents, and 0–10% alternative strategies under normal circumstances. The fund may invest significantly in individual underlying funds and may use derivatives including futures, swaps, and forward contracts to achieve its desired exposures. Because the fund's actual allocations may diverge from its target ranges due to market appreciation or depreciation, returns will reflect those deviations until rebalancing occurs.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
CTIVP - AMER CENT DIVERSE BD CLS 1 | 11.02% | $1.51B | 160.3M | $9.39 |
VP - PARTNERS CORE BD FD CL1 | 9.16% | $1.25B | 127.1M | $9.84 |
CTIVP - TCW CORE PLUS BOND FD CL1 | 7.97% | $1.09B | 116.3M | $9.36 |
COLUMBIA VP OVERSEAS CORE-1 | 6.71% | $916.79M | 57.5M | $15.94 |
COLUMBIA VP SEL LARGE CAP EQ FD 1 | 5.65% | $771.64M | 26.4M | $29.25 |
COLUMBIA VARIABLE PORTFOLIO - CORPORATE BOND FUND | 5.47% | $746.57M | 94.3M | $7.92 |
COLUMBIA VP INTERMED BOND FD CL 1 | 5.37% | $733.81M | 84.3M | $8.70 |
COLUMBIA SHORT TERM CASH FUND | 5.33% | $727.87M | — | — |
Columbia Variable Portfolio - Large Cap Growth Fund | 4.04% | $551.89M | 9.1M | $60.54 |
Columbia VP - US Government Mortgage Fund | 3.88% | $530.26M | 56.2M | $9.43 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
All 43 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 94.06% |
| Cash & short-term | 5.33% |
| Derivatives | 0.03% |
Derivatives are shown at market value, not notional exposure.
How it has done
C000087822 share class · total returns with dividends reinvested
Volatility over the last 12 months: 7.50%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
This fund changed legal form during the period shown. The history above is continuous — it spans both eras, and the change is not a gap in reporting.
Fees & fund details
Variable Portfolio - Moderate Portfolio is an actively managed U.S. equity fund.
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Fund of funds
- Expense ratio, by class
- 0.71% – 0.96%
- Portfolio turnover
- 9.00% a year · as of 2026 Q2
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
11 new· the largest 5
10 exited· the largest 6
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
Understand how this fund fits with the rest.
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