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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PIMCO VARIABLE INSURANCE TRUST</name>
        <lei>WXIJUDZ58N7QM7IEFC20</lei>
        <title>PIMCO VIT TOTAL RETURN-INS</title>
        <cusip>693394785</cusip>
        <identifiers>
          <ticker value="VPVTRIV"/>
        </identifiers>
        <balance>94888.18779300</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1084571.99000000</valUSD>
        <pctVal>10.32264023522</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MainStay VP MacKay HY Corp Bd Initl</name>
        <lei>N/A</lei>
        <title>MainStay VP MacKay HY Corp Bd Initl</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="56064D510"/>
        </identifiers>
        <balance>108483.05038200</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1035796.17000000</valUSD>
        <pctVal>9.858406190203</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BLACKROCK HIGH YIELD VI FUND</name>
        <lei>UT2CQXX2NAVCUUUA7P13</lei>
        <title>BLACKROCK HIGH YIELD VI-I</title>
        <cusip>09258X107</cusip>
        <identifiers>
          <isin value="US09258X1072"/>
        </identifiers>
        <balance>53459.58900100</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>373147.93000000</valUSD>
        <pctVal>3.551513289505</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MainStay VP MacKay Government Initial</name>
        <lei>N/A</lei>
        <title>MainStay VP MacKay Government Initial</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="56064D353"/>
        </identifiers>
        <balance>125108.58506900</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1413739.52000000</valUSD>
        <pctVal>13.45556089023</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees. The funds inception date is 4/15/2020. The performance return presented in April is for a partial month." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2020-08-20</ncom:dateSigned>
      <ncom:nameOfApplicant>Legg Mason Partners Variable Equity Trust</ncom:nameOfApplicant>
      <ncom:signature>Christopher Berarducci</ncom:signature>
      <ncom:signerName>Christopher Berarducci</ncom:signerName>
      <ncom:title>Principal Financial Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
