X0101 EFFECT 33 LIVE 2007-05-01 0001091439-07-000006 485APOS 0001091439 ALLIANZ VARIABLE INSURANCE PRODUCTS TRUST 333-83423 S000009945 AZL Oppenheimer Developing Markets Fund C000048321 AZL Oppenheimer Developing Markets Fund Class 1 S000017464 AZL Small Cap Stock Index Fund C000048313 AZL Small Cap Stock Index Fund S000017465 AZL TargetPLUS Balanced Fund C000048314 AZL TargetPLUS Balanced Fund S000017466 AZL TargetPLUS Growth Fund C000048315 AZL TargetPLUS Growth Fund S000017467 AZL TargetPLUS Moderate Fund C000048316 AZL TargetPLUS Moderate Fund S000017468 AZL NACM International Fund C000048317 AZL NACM International Fund S000017469 AZL Schroder International Small Cap Fund C000048318 AZL Schroder International Small Cap Fund S000017470 AZL S&P 500 Index Fund C000048319 AZL S&P 500 Index Fund Class 1 S000017470 AZL S&P 500 Index Fund C000048320 AZL S&P 500 Index Fund Class 2