SCHEDULE OF INVESTMENTS

GUARDIAN DIVERSIFIED RESEARCH VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — 97.4%
Aerospace & Defense — 2.0%
Boeing Co.(1)		1,417	$	171,570
CAE, Inc. (Canada)(1)		2,595		39,808
Northrop Grumman Corp.		2,660		1,251,051
Raytheon Technologies Corp.		15,110		1,236,905
				2,699,334
Airlines — 0.3%
Southwest Airlines Co.(1)		14,370		443,171
				443,171
Automobiles — 1.9%
General Motors Co.		6,480		207,943
Tesla, Inc.(1)		8,766		2,325,182
				2,533,125
Banks — 2.6%
Bank of America Corp.		39,603		1,196,011
Citigroup, Inc.		44,075		1,836,605
Silvergate Capital Corp., Class A(1)		5,455		411,034
				3,443,650
Beverages — 2.9%
Coca-Cola Co.		26,985		1,511,700
Constellation Brands, Inc., Class A		705		161,924
PepsiCo, Inc.		13,258		2,164,501
				3,838,125
Biotechnology — 2.0%
AbbVie, Inc.		5,664		760,165
Ascendis Pharma A/S, ADR(1)		5,199		536,849
Biogen, Inc.(1)		622		166,074
Regeneron Pharmaceuticals, Inc.(1)		1,730		1,191,745
				2,654,833
Building Products — 0.7%
Johnson Controls International PLC		19,677		968,502
				968,502
Capital Markets — 3.4%
Charles Schwab Corp.		16,921		1,216,112
GoGreen Investments Corp.(1)(2)		22,514		229,530
Goldman Sachs Group, Inc.		6,638		1,945,266
KKR & Co., Inc.		19,424		835,232
Quilter PLC (United Kingdom)(3)		272,461		278,070
				4,504,210
Chemicals — 1.8%
Corteva, Inc.		11,500		657,225
DuPont de Nemours, Inc.		4,875		245,700
Eastman Chemical Co.		3,218		228,639
Linde PLC		760		204,888
PPG Industries, Inc.		3,865		427,817
Sherwin-Williams Co.		3,126		640,049
				2,404,318
Construction Materials — 0.2%
CRH PLC, ADR		9,266		298,643
				298,643

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN DIVERSIFIED RESEARCH VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Containers & Packaging — 0.5%
Avery Dennison Corp.		2,287	$	372,095
Berry Global Group, Inc.(1)		4,796		223,158
				595,253
Diversified Financial Services — 0.8%
Apollo Global Management, Inc.		21,584		1,003,656
				1,003,656
Electric Utilities — 3.4%
American Electric Power Co., Inc.		5,220		451,269
Constellation Energy Corp.		2,702		224,779
Exelon Corp.		23,846		893,271
NextEra Energy, Inc.		10,370		813,112
NRG Energy, Inc.		55,139		2,110,170
				4,492,601
Electrical Equipment — 0.5%
Emerson Electric Co.		8,340		610,655
				610,655
Electronic Equipment, Instruments & Components — 1.5%
CDW Corp.		10,304		1,608,248
Vontier Corp.		22,660		378,649
				1,986,897
Energy Equipment & Services — 0.3%
Diamond Offshore Drilling, Inc.(1)		56,652		375,603
				375,603
Entertainment — 0.6%
Sea Ltd., ADR(1)		3,666		205,479
Walt Disney Co.(1)		6,491		612,296
				817,775
Equity Real Estate Investment Trusts (REITs) — 1.0%
Gaming and Leisure Properties, Inc.		23,625		1,045,170
Vornado Realty Trust		9,792		226,783
				1,271,953
Food & Staples Retailing — 1.9%
BJ’s Wholesale Club Holdings, Inc.(1)		2,023		147,295
Costco Wholesale Corp.		1,864		880,311
Walmart, Inc.		11,879		1,540,706
				2,568,312
Food Products — 0.3%
McCormick & Co., Inc.		4,610		328,555
				328,555
Health Care Equipment & Supplies — 2.1%
Abbott Laboratories		6,657		644,131
Baxter International, Inc.		1,095		58,977
Boston Scientific Corp.(1)		21,074		816,196
Dexcom, Inc.(1)		4,603		370,726
Intuitive Surgical, Inc.(1)		2,351		440,671
Lantheus Holdings, Inc.(1)		1,697		119,350
Medtronic PLC		4,672		377,264
				2,827,315
Health Care Providers & Services — 5.0%
Cigna Corp.		7,917		2,196,730
Elevance Health, Inc.		499		226,666
Humana, Inc.		929		450,741
McKesson Corp.		1,630		553,988
UnitedHealth Group, Inc.		6,196		3,129,228
				6,557,353

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN DIVERSIFIED RESEARCH VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Hotels, Restaurants & Leisure — 2.1%
Aramark		10,118	$	315,682
Booking Holdings, Inc.(1)		574		943,202
Chipotle Mexican Grill, Inc.(1)		423		635,667
Hilton Worldwide Holdings, Inc.		5,363		646,885
Penn Entertainment, Inc.(1)		9,327		256,586
				2,798,022
Household Durables — 0.8%
PulteGroup, Inc.		27,217		1,020,637
				1,020,637
Household Products — 1.8%
Procter & Gamble Co.		18,592		2,347,240
				2,347,240
Industrial Conglomerates — 0.9%
General Electric Co.		4,481		277,418
Honeywell International, Inc.		5,806		969,428
				1,246,846
Insurance — 2.6%
AIA Group Ltd. (Hong Kong)		66,600		552,950
Assured Guaranty Ltd.		34,266		1,660,188
AXA SA (France)		26,776		586,254
Prudential PLC (United Kingdom)		68,813		676,093
				3,475,485
Interactive Media & Services — 4.1%
Alphabet, Inc., Class A(1)		44,450		4,251,642
Meta Platforms, Inc., Class A(1)		8,620		1,169,562
				5,421,204
Internet & Direct Marketing Retail — 4.6%
Amazon.com, Inc.(1)		53,831		6,082,903
				6,082,903
IT Services — 4.1%
Adyen NV (Netherlands)(1)(3)		285		354,554
Fidelity National Information Services, Inc.		14,367		1,085,714
Mastercard, Inc., Class A		9,924		2,821,790
Visa, Inc., Class A		6,512		1,156,857
				5,418,915
Life Sciences Tools & Services — 2.3%
Avantor, Inc.(1)		17,605		345,058
Bio-Rad Laboratories, Inc., Class A(1)		1,389		579,407
Danaher Corp.		4,407		1,138,284
Illumina, Inc.(1)		290		55,329
Thermo Fisher Scientific, Inc.		1,915		971,269
				3,089,347
Machinery — 1.6%
Deere & Co.		1,676		559,600
Ingersoll Rand, Inc.		12,463		539,149
Otis Worldwide Corp.		16,621		1,060,420
				2,159,169

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN DIVERSIFIED RESEARCH VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Media — 0.3%
Charter Communications, Inc., Class A(1)		1,149	$	348,549
				348,549
Metals & Mining — 0.5%
Agnico Eagle Mines Ltd. (Canada)		7,994		337,734
Alamos Gold, Inc., Class A		44,919		332,850
Anglo American PLC (United Kingdom)		1,574		47,548
				718,132
Multi-Utilities — 0.3%
Ameren Corp.		4,861		391,554
				391,554
Multiline Retail — 0.7%
Target Corp.		5,807		861,701
				861,701
Oil, Gas & Consumable Fuels — 4.8%
Cenovus Energy, Inc. (Canada)		108,651		1,669,073
ConocoPhillips		8,535		873,472
Exxon Mobil Corp.		35,366		3,087,806
Shell PLC (Netherlands)		29,186		726,156
				6,356,507
Pharmaceuticals — 4.3%
4Front Ventures Corp.(1)		591,108		191,460
Eli Lilly and Co.		4,184		1,352,896
Innoviva, Inc.(1)		39,103		453,986
Johnson & Johnson		9,520		1,555,187
Merck & Co., Inc.		14,378		1,238,233
Pfizer, Inc.		16,634		727,904
Zoetis, Inc.		803		119,077
				5,638,743
Road & Rail — 1.9%
CSX Corp.		14,970		398,801
Union Pacific Corp.		10,636		2,072,105
				2,470,906
Semiconductors & Semiconductor Equipment — 2.6%
Advanced Micro Devices, Inc.(1)		17,333		1,098,219
Enphase Energy, Inc.(1)		286		79,356
NVIDIA Corp.		3,338		405,200
QUALCOMM, Inc.		15,996		1,807,228
				3,390,003
Software — 10.7%
Intuit, Inc.		5,134		1,988,501
Microsoft Corp.		35,204		8,199,012
Oracle Corp.		41,249		2,519,076
Salesforce, Inc.(1)		10,158		1,461,127
				14,167,716
Specialty Retail — 3.0%
Bath & Body Works, Inc.		3,582		116,773
CarMax, Inc.(1)		3,143		207,501
Home Depot, Inc.		9,913		2,735,393
O’Reilly Automotive, Inc.(1)		910		640,048
TJX Cos., Inc.		3,907		242,703
Warby Parker, Inc., Class A(1)		3,426		45,703
				3,988,121

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN DIVERSIFIED RESEARCH VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Technology Hardware, Storage & Peripherals — 4.9%
Apple, Inc.		46,740	$	6,459,468
				6,459,468
Textiles, Apparel & Luxury Goods — 0.5%
Levi Strauss & Co., Class A		9,901		143,267
Lululemon Athletica, Inc.(1)		570		159,349
NIKE, Inc., Class B		4,140		344,117
				646,733
Tobacco — 0.2%
Altria Group, Inc.		6,579		265,660
				265,660
Trading Companies & Distributors — 0.4%
United Rentals, Inc.(1)		1,813		489,728
				489,728
Wireless Telecommunication Services — 1.7%
T-Mobile US, Inc.(1)		16,662		2,235,541
				2,235,541
Total Common Stocks (Cost $117,958,535)				128,712,669
Exchange-Traded Funds — 1.2%
SPDR S&P 500 ETF Trust		4,526		1,616,597
Total Exchange-Traded Funds (Cost $1,944,845)				1,616,597
	Principal Amount		Value
Short-Term Investments — 0.9%
Repurchase Agreements — 0.9%
Fixed Income Clearing Corp., 0.83%, dated 9/30/2022, proceeds at maturity value of $1,176,742, due 10/3/2022(4)	$	1,176,661		1,176,661
Total Repurchase Agreements (Cost $1,176,661)				1,176,661
Total Investments — 99.5% (Cost $121,080,041)				131,505,927
Assets in excess of other liabilities — 0.5%				697,014
Total Net Assets — 100.0%			$	132,202,941

(1) Non–income–producing security.

(2) The table below presents securities deemed illiquid by the investment adviser.

Security	Shares		Cost		Value		Acquisition Date		% of Fund’s Net Assets
GoGreen Investments Corp.		22,514	$	225,140	$	229,530		10/21/2021	0.17%

(3) Securities that may be resold in transactions exempt from registration under Rule 144A of the Securities Act of 1933, as amended, normally to certain qualified buyers. At September 30, 2022, the aggregate market value of these securities amounted to $632,624, representing 0.5% of net assets. These securities have been deemed liquid by the investment adviser pursuant to the Fund’s liquidity procedures approved by the Board of Trustees.

(4) The table below presents collateral for repurchase agreements.

Security	Coupon			Maturity Date		Principal Amount		Value
U.S. Treasury Note		0.75	%		12/31/2023	$	1,253,300	$	1,200,230

Legend:

ADR – American Depositary Receipt

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN DIVERSIFIED RESEARCH VIP FUND

The following is a summary of the inputs used as of September 30, 2022 in valuing the Fund’s investments. For more information on valuation inputs, please refer to the Fair Value Measurements section of the accompanying Notes to Schedule of Investments.

	— Valuation Inputs —
Investments in Securities (unaudited)	Level 1		Level 2			Level 3		Total
Common Stocks	$	125,491,044	$	3,221,625	*	$	—	$	128,712,669
Exchange-Traded Funds		1,616,597		—			—		1,616,597
Repurchase Agreements		—		1,176,661			—		1,176,661
Total	$	127,107,641	$	4,398,286		$	—	$	131,505,927

^*  Consists of certain foreign securities whose values were determined by a pricing service using pricing models (See Notes to Schedule of Investments). These investments in securities were classified as Level 2 rather than Level 1.

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN GROWTH & INCOME VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — 95.7%
Aerospace & Defense — 3.9%
Curtiss-Wright Corp.		6,618	$	920,961
Raytheon Technologies Corp.		31,107		2,546,419
Textron, Inc.		32,680		1,903,937
				5,371,317
Air Freight & Logistics — 1.1%
Expeditors International of Washington, Inc.		10,684		943,504
FedEx Corp.		4,241		629,661
				1,573,165
Airlines — 1.1%
Alaska Air Group, Inc.(1)		24,978		977,889
Southwest Airlines Co.(1)		17,773		548,119
				1,526,008
Auto Components — 1.1%
BorgWarner, Inc.		46,570		1,462,298
				1,462,298
Banks — 6.7%
JPMorgan Chase & Co.		39,521		4,129,944
Wells Fargo & Co.		126,094		5,071,501
				9,201,445
Biotechnology — 5.2%
Amgen, Inc.		18,087		4,076,810
Regeneron Pharmaceuticals, Inc.(1)		4,545		3,130,914
				7,207,724
Building Products — 0.5%
Builders FirstSource, Inc.(1)		12,659		745,868
				745,868
Capital Markets — 3.1%
Goldman Sachs Group, Inc.		7,879		2,308,941
Northern Trust Corp.		23,285		1,992,265
				4,301,206
Chemicals — 1.0%
Mosaic Co.		27,139		1,311,628
				1,311,628
Communications Equipment — 1.3%
Cisco Systems, Inc.		44,739		1,789,560
				1,789,560
Construction & Engineering — 1.2%
EMCOR Group, Inc.		14,479		1,672,035
				1,672,035
Consumer Finance — 0.7%
Capital One Financial Corp.		9,940		916,170
				916,170
Distributors — 1.6%
LKQ Corp.		45,939		2,166,024
				2,166,024
Diversified Financial Services — 3.8%
Berkshire Hathaway, Inc., Class B(1)		19,488		5,203,686
				5,203,686

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN GROWTH & INCOME VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Diversified Telecommunication Services — 1.7%
Verizon Communications, Inc.		61,173	$	2,322,739
				2,322,739
Electric Utilities — 0.4%
IDACORP, Inc.		4,886		483,763
				483,763
Electrical Equipment — 2.4%
Acuity Brands, Inc.		4,644		731,291
Emerson Electric Co.		34,155		2,500,829
				3,232,120
Electronic Equipment, Instruments & Components — 2.1%
IPG Photonics Corp.(1)		9,027		761,427
Keysight Technologies, Inc.(1)		13,908		2,188,563
				2,949,990
Energy Equipment & Services — 0.5%
Helmerich & Payne, Inc.		19,542		722,468
				722,468
Equity Real Estate Investment Trusts (REITs) — 1.2%
Weyerhaeuser Co.		59,510		1,699,606
				1,699,606
Food & Staples Retailing — 0.3%
Kroger Co.		9,295		406,656
				406,656
Health Care Providers & Services — 7.6%
Cigna Corp.		13,334		3,699,785
Elevance Health, Inc.		11,653		5,293,259
Quest Diagnostics, Inc.		12,005		1,472,893
				10,465,937
Hotels, Restaurants & Leisure — 0.6%
Choice Hotels International, Inc.		8,049		881,527
				881,527
Household Durables — 1.7%
D.R. Horton, Inc.		35,026		2,359,001
				2,359,001
Insurance — 2.7%
Aflac, Inc.		20,706		1,163,677
Allstate Corp.		14,663		1,825,983
Axis Capital Holdings Ltd.		13,364		656,841
				3,646,501
IT Services — 6.4%
Accenture PLC, Class A		5,484		1,411,033
Cognizant Technology Solutions Corp., Class A		28,780		1,653,123
FleetCor Technologies, Inc.(1)		9,932		1,749,721
Mastercard, Inc., Class A		10,480		2,979,883
Maximus, Inc.		16,718		967,471
				8,761,231
Life Sciences Tools & Services — 2.0%
Bio-Rad Laboratories, Inc., Class A(1)		1,834		765,035
PerkinElmer, Inc.		16,957		2,040,436
				2,805,471

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN GROWTH & INCOME VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Machinery — 2.8%
Altra Industrial Motion Corp.		21,106	$	709,584
Middleby Corp.(1)		8,193		1,050,097
PACCAR, Inc.		7,663		641,316
Westinghouse Air Brake Technologies Corp.		16,999		1,382,869
				3,783,866
Media — 2.3%
Comcast Corp., Class A		109,376		3,207,998
				3,207,998
Metals & Mining — 1.5%
BHP Group Ltd., ADR		25,425		1,272,267
Steel Dynamics, Inc.		11,934		846,717
				2,118,984
Multiline Retail — 1.9%
Target Corp.		17,341		2,573,231
				2,573,231
Oil, Gas & Consumable Fuels — 5.8%
Chevron Corp.		13,085		1,879,922
ConocoPhillips		24,296		2,486,453
EOG Resources, Inc.		16,494		1,842,874
Phillips 66		21,067		1,700,528
				7,909,777
Pharmaceuticals — 5.6%
Pfizer, Inc.		63,404		2,774,559
Roche Holding AG, ADR		120,652		4,900,884
				7,675,443
Professional Services — 1.4%
Robert Half International, Inc.		24,832		1,899,648
				1,899,648
Real Estate Management & Development — 1.9%
CBRE Group, Inc., Class A(1)		38,491		2,598,527
				2,598,527
Road & Rail — 1.9%
Knight-Swift Transportation Holdings, Inc.		52,039		2,546,268
				2,546,268
Semiconductors & Semiconductor Equipment — 1.3%
MKS Instruments, Inc.		8,781		725,662
NXP Semiconductors NV		7,091		1,045,993
				1,771,655
Specialty Retail — 3.4%
AutoZone, Inc.(1)		1,104		2,364,691
Lowe’s Cos., Inc.		6,180		1,160,666
Ulta Beauty, Inc.(1)		2,975		1,193,540
				4,718,897
Tobacco — 3.7%
Philip Morris International, Inc.		60,511		5,023,018
				5,023,018
Trading Companies & Distributors — 0.3%
MSC Industrial Direct Co., Inc., Class A		6,303		458,921
				458,921
Total Common Stocks (Cost $121,033,089)				131,471,377

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN GROWTH & INCOME VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Short-Term Investments — 4.2%
Repurchase Agreements — 4.2%
Fixed Income Clearing Corp., 0.83%, dated 9/30/2022, proceeds at maturity value of $5,818,142, due 10/3/2022(2)	$	5,817,739	$	5,817,739
Total Repurchase Agreements (Cost $5,817,739)				5,817,739
Total Investments — 99.9% (Cost $126,850,828)				137,289,116
Assets in excess of other liabilities — 0.1%				69,099
Total Net Assets — 100.0%			$	137,358,215

(1) Non–income–producing security.

(2) The table below presents collateral for repurchase agreements.

Security	Coupon			Maturity Date		Principal Amount		Value
U.S. Treasury Note		0.75	%		12/31/2023	$	6,196,500	$	5,934,115

Legend:

ADR – American Depositary Receipt

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN GROWTH & INCOME VIP FUND

The following is a summary of the inputs used as of September 30, 2022 in valuing the Fund’s investments. For more information on valuation inputs, please refer to the Fair Value Measurements section of the accompanying Notes to Schedule of Investments.

	— Valuation Inputs —
Investments in Securities (unaudited)	Level 1		Level 2		Level 3		Total
Common Stocks	$	131,471,377	$	—	$	—	$	131,471,377
Repurchase Agreements		—		5,817,739		—		5,817,739
Total	$	131,471,377	$	5,817,739	$	—	$	137,289,116

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN INTEGRATED RESEARCH VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — 98.9%
Aerospace & Defense — 1.5%
Raytheon Technologies Corp.		61,272	$	5,015,726
				5,015,726
Automobiles — 1.9%
Ford Motor Co.		239,594		2,683,453
Tesla, Inc.(1)		14,515		3,850,104
				6,533,557
Banks — 3.6%
Bank of America Corp.		187,836		5,672,647
JPMorgan Chase & Co.		64,714		6,762,613
				12,435,260
Beverages — 3.0%
Constellation Brands, Inc., Class A		22,263		5,113,366
Monster Beverage Corp.(1)		58,132		5,055,159
				10,168,525
Biotechnology — 3.6%
Regeneron Pharmaceuticals, Inc.(1)		7,238		4,986,041
Seagen, Inc.(1)		19,309		2,642,050
Vertex Pharmaceuticals, Inc.(1)		15,935		4,613,820
				12,241,911
Building Products — 1.9%
Fortune Brands Home & Security, Inc.		48,418		2,599,562
Johnson Controls International PLC		78,136		3,845,854
				6,445,416
Capital Markets — 2.8%
Charles Schwab Corp.		51,003		3,665,585
Morgan Stanley		73,174		5,781,478
				9,447,063
Chemicals — 2.2%
PPG Industries, Inc.		33,355		3,692,065
Sherwin-Williams Co.		18,603		3,808,964
				7,501,029
Communications Equipment — 0.8%
F5, Inc.(1)		18,680		2,703,556
				2,703,556
Consumer Finance — 1.6%
American Express Co.		41,512		5,600,384
				5,600,384
Electric Utilities — 2.9%
American Electric Power Co., Inc.		34,143		2,951,662
Duke Energy Corp.		46,927		4,365,150
Eversource Energy		35,465		2,764,851
				10,081,663
Electrical Equipment — 1.1%
AMETEK, Inc.		33,217		3,767,140
				3,767,140
Electronic Equipment, Instruments & Components — 1.7%
CDW Corp.		22,468		3,506,805
Corning, Inc.		78,327		2,273,050
				5,779,855

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN INTEGRATED RESEARCH VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Entertainment — 1.3%
Walt Disney Co.(1)		46,557	$	4,391,722
				4,391,722
Equity Real Estate Investment Trusts (REITs) — 2.0%
AvalonBay Communities, Inc.		15,565		2,866,917
Prologis, Inc.		38,660		3,927,856
				6,794,773
Health Care Equipment & Supplies — 3.7%
Abbott Laboratories		32,993		3,192,403
Baxter International, Inc.		56,343		3,034,634
Becton Dickinson and Co.		15,768		3,513,583
Hologic, Inc.(1)		46,957		3,029,666
				12,770,286
Health Care Providers & Services — 3.2%
UnitedHealth Group, Inc.		21,951		11,086,133
				11,086,133
Hotels, Restaurants & Leisure — 3.0%
Airbnb, Inc., Class A(1)		23,800		2,499,952
Booking Holdings, Inc.(1)		1,869		3,071,160
McDonald’s Corp.		20,192		4,659,102
				10,230,214
Household Products — 3.3%
Colgate-Palmolive Co.		62,578		4,396,105
Procter & Gamble Co.		54,806		6,919,257
				11,315,362
Insurance — 2.5%
Chubb Ltd.		23,392		4,254,537
Progressive Corp.		37,981		4,413,772
				8,668,309
Interactive Media & Services — 6.2%
Alphabet, Inc., Class A(1)		146,139		13,978,195
Alphabet, Inc., Class C(1)		43,728		4,204,447
Meta Platforms, Inc., Class A(1)		22,361		3,033,941
				21,216,583
Internet & Direct Marketing Retail — 4.0%
Amazon.com, Inc.(1)		122,523		13,845,099
				13,845,099
IT Services — 3.9%
Fidelity National Information Services, Inc.		34,264		2,589,330
Global Payments, Inc.		22,411		2,421,509
GoDaddy, Inc., Class A(1)		44,196		3,132,613
Mastercard, Inc., Class A		18,586		5,284,743
				13,428,195
Life Sciences Tools & Services — 2.9%
Danaher Corp.		18,375		4,746,079
Thermo Fisher Scientific, Inc.		10,517		5,334,117
				10,080,196
Machinery — 3.3%
Deere & Co.		13,813		4,612,022
Illinois Tool Works, Inc.		19,321		3,490,339
Nordson Corp.		15,585		3,308,228
				11,410,589

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN INTEGRATED RESEARCH VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Oil, Gas & Consumable Fuels — 3.0%
EOG Resources, Inc.		45,749	$	5,111,536
Pioneer Natural Resources Co.		24,650		5,337,464
				10,449,000
Pharmaceuticals — 4.0%
Eli Lilly and Co.		22,952		7,421,529
Pfizer, Inc.		146,516		6,411,540
				13,833,069
Professional Services — 0.7%
Leidos Holdings, Inc.		29,157		2,550,363
				2,550,363
Semiconductors & Semiconductor Equipment — 5.8%
Advanced Micro Devices, Inc.(1)		44,336		2,809,129
KLA Corp.		11,991		3,628,836
Marvell Technology, Inc.		60,650		2,602,491
NVIDIA Corp.		12,961		1,573,336
QUALCOMM, Inc.		32,920		3,719,302
Texas Instruments, Inc.		34,897		5,401,358
				19,734,452
Software — 9.0%
Microsoft Corp.		92,601		21,566,773
Palo Alto Networks, Inc.(1)		19,491		3,192,431
Salesforce, Inc.(1)		26,909		3,870,591
Workday, Inc., Class A(1)		14,006		2,131,993
				30,761,788
Specialty Retail — 1.7%
TJX Cos., Inc.		94,630		5,878,416
				5,878,416
Technology Hardware, Storage & Peripherals — 5.8%
Apple, Inc.		123,826		17,112,753
NetApp, Inc.		44,692		2,764,200
				19,876,953
Textiles, Apparel & Luxury Goods — 1.0%
NIKE, Inc., Class B		42,446		3,528,112
				3,528,112
Total Common Stocks (Cost $411,533,803)				339,570,699
	Principal Amount		Value
Short-Term Investments — 1.2%
Repurchase Agreements — 1.2%
Fixed Income Clearing Corp., 0.83%, dated 9/30/2022, proceeds at maturity value of $4,199,093, due 10/3/2022(2)	$	4,198,803		4,198,803
Total Repurchase Agreements (Cost $4,198,803)				4,198,803
Total Investments — 100.1% (Cost $415,732,606)				343,769,502
Liabilities in excess of other assets — (0.1)%				(336,133	)
Total Net Assets — 100.0%			$	343,433,369

(1) Non–income–producing security.

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN INTEGRATED RESEARCH VIP FUND

(2) The table below presents collateral for repurchase agreements.

Security	Coupon			Maturity Date		Principal Amount		Value
U.S. Treasury Note		0.75	%		12/31/2023	$	4,472,200	$	4,282,829

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN INTEGRATED RESEARCH VIP FUND

The following is a summary of the inputs used as of September 30, 2022 in valuing the Fund’s investments. For more information on valuation inputs, please refer to the Fair Value Measurements section of the accompanying Notes to Schedule of Investments.

	— Valuation Inputs —
Investments in Securities (unaudited)	Level 1		Level 2		Level 3		Total
Common Stocks	$	339,570,699	$	—	$	—	$	339,570,699
Repurchase Agreements		—		4,198,803		—		4,198,803
Total	$	339,570,699	$	4,198,803	$	—	$	343,769,502

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN INTERNATIONAL GROWTH VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — 96.9%
Australia — 1.5%
IDP Education Ltd.		26,923	$	450,492
Woodside Energy Group Ltd.		53,792		1,094,319
				1,544,811
Cayman Islands — 1.5%
Sea Ltd., ADR(1)		9,847		551,924
Tencent Holdings Ltd.		29,700		1,003,029
				1,554,953
Denmark — 6.9%
Coloplast A/S, Class B		13,352		1,349,882
Genmab A/S(1)		4,108		1,324,169
Novo Nordisk A/S, Class B		42,171		4,203,352
				6,877,403
France — 12.2%
Capgemini SE		11,028		1,762,391
L’Oreal SA		8,772		2,793,162
LVMH Moet Hennessy Louis Vuitton SE		6,950		4,085,453
Safran SA		13,511		1,228,482
Schneider Electric SE		21,008		2,356,907
				12,226,395
Germany — 5.9%
adidas AG		9,752		1,131,725
Delivery Hero SE(1)(2)		21,074		780,426
Deutsche Boerse AG		10,273		1,691,316
Symrise AG		17,882		1,759,611
Zalando SE(1)(2)		28,847		571,969
				5,935,047
Hong Kong — 4.9%
AIA Group Ltd.		366,400		3,042,057
Hong Kong Exchanges & Clearing Ltd.		56,100		1,904,770
				4,946,827
India — 1.4%
HDFC Bank Ltd., ADR		23,580		1,377,544
				1,377,544
Ireland — 1.8%
Linde PLC		6,776		1,853,012
				1,853,012
Japan — 16.7%
Daikin Industries Ltd.		13,100		2,024,213
Hoya Corp.		24,300		2,336,321
Keyence Corp.		7,500		2,490,022
Kyowa Kirin Co. Ltd.		55,700		1,277,779
Shimano, Inc.		6,100		961,372
Shin-Etsu Chemical Co. Ltd.		16,000		1,588,858
SMC Corp.		3,300		1,331,295
Sony Group Corp.		37,700		2,426,459
Sysmex Corp.		14,200		764,244
Tokyo Electron Ltd.		6,100		1,510,305
				16,710,868
Netherlands — 8.3%
Adyen NV(1)(2)		990		1,231,608
Argenx SE(1)		3,106		1,109,960
ASML Holding NV		10,220		4,239,167
Wolters Kluwer NV		18,284		1,780,150
				8,360,885

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN INTERNATIONAL GROWTH VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Singapore — 2.0%
DBS Group Holdings Ltd.		87,700	$	2,027,621
				2,027,621
Sweden — 3.0%
Assa Abloy AB, Class B		65,607		1,226,024
Atlas Copco AB, Class A		187,588		1,737,100
				2,963,124
Switzerland — 13.4%
Lonza Group AG (Reg S)		3,463		1,684,088
Nestle SA (Reg S)		53,268		5,767,839
Roche Holding AG		15,735		5,130,539
Straumann Holding AG (Reg S)		9,736		886,065
				13,468,531
Taiwan — 1.2%
Taiwan Semiconductor Manufacturing Co. Ltd., ADR		17,927		1,229,075
				1,229,075
United Kingdom — 15.3%
Allfunds Group PLC		118,605		869,440
Anglo American PLC		35,463		1,071,280
AstraZeneca PLC		23,410		2,574,399
Diageo PLC		77,882		3,264,482
Ferguson PLC		13,565		1,412,492
Intertek Group PLC		29,492		1,213,318
London Stock Exchange Group PLC		21,846		1,842,131
Oxford Nanopore Technologies PLC(1)		157,926		445,821
RELX PLC		108,102		2,622,462
				15,315,825
United States — 0.9%
MercadoLibre, Inc.(1)		1,087		899,797
				899,797
Total Common Stocks (Cost $100,575,692)				97,291,718
Preferred Stocks — 0.9%
Germany — 0.9%
Sartorius AG, 0.36%		2,650		925,562
Total Preferred Stocks (Cost $900,358)				925,562
	Principal Amount		Value
Short-Term Investments — 1.6%
Repurchase Agreements — 1.6%
Fixed Income Clearing Corp., 0.83%, dated 9/30/2022, proceeds at maturity value of $1,576,451, due 10/3/2022(3)	$	1,576,342		1,576,342
Total Repurchase Agreements (Cost $1,576,342)				1,576,342
Total Investments — 99.4% (Cost $103,052,392)				99,793,622
Assets in excess of other liabilities — 0.6%				559,147
Total Net Assets — 100.0%			$	100,352,769

(1) Non–income–producing security.

(2) Securities that may be resold in transactions exempt from registration under Rule 144A of the Securities Act of 1933, as amended, normally to certain qualified buyers. At September 30, 2022, the aggregate market value of these securities amounted to $2,584,003, representing 2.6% of net assets. These securities have been deemed liquid by the investment adviser pursuant to the Fund’s liquidity procedures approved by the Board of Trustees.

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN INTERNATIONAL GROWTH VIP FUND

(3) The table below presents collateral for repurchase agreements.

Security	Coupon			Maturity Date	Principal Amount		Value
U.S. Treasury Note		0.75	%	12/31/2023	$	1,679,000	$	1,607,904

Legend:

ADR – American Depositary Receipt

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN INTERNATIONAL GROWTH VIP FUND

The following is a summary of the inputs used as of September 30, 2022 in valuing the Fund’s investments. For more information on valuation inputs, please refer to the Fair Value Measurements section of the accompanying Notes to Schedule of Investments.

	— Valuation Inputs —
Investments in Securities (unaudited)	Level 1		Level 2			Level 3		Total
Common Stocks
Australia	$	—	$	1,544,811	*	$	—	$	1,544,811
Cayman Islands		551,924		1,003,029	*		—		1,554,953
Denmark		—		6,877,403	*		—		6,877,403
France		—		12,226,395	*		—		12,226,395
Germany		—		5,935,047	*		—		5,935,047
Hong Kong		—		4,946,827	*		—		4,946,827
India		1,377,544		—			—		1,377,544
Ireland		—		1,853,012	*		—		1,853,012
Japan		—		16,710,868	*		—		16,710,868
Netherlands		—		8,360,885	*		—		8,360,885
Singapore		—		2,027,621	*		—		2,027,621
Sweden		—		2,963,124	*		—		2,963,124
Switzerland		—		13,468,531	*		—		13,468,531
Taiwan		1,229,075		—			—		1,229,075
United Kingdom		—		15,315,825	*		—		15,315,825
United States		899,797		—			—		899,797
Preferred Stocks
Germany		—		925,562	*		—		925,562
Repurchase Agreements		—		1,576,342			—		1,576,342
Total	$	4,058,340		$    95,735,282		$	—	$	99,793,622

^*  Consists of certain foreign securities whose values were determined by a pricing service using pricing models (See Notes to Schedule of Investments). These investments in securities were classified as Level 2 rather than Level 1.

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN INTERNATIONAL EQUITY VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — 98.5%
Australia — 2.0%
Macquarie Group Ltd.		29,763	$	2,888,349
Rio Tinto Ltd.		47,528		2,828,526
				5,716,875
Austria — 0.8%
Erste Group Bank AG		110,836		2,427,212
				2,427,212
Belgium — 1.7%
UCB SA		44,346		3,067,155
Umicore SA		59,153		1,715,068
				4,782,223
Brazil — 0.5%
B3 SA — Brasil Bolsa Balcao		563,409		1,362,998
				1,362,998
Canada — 2.3%
Canadian National Railway Co.		32,326		3,491,072
Toronto-Dominion Bank		51,571		3,162,917
				6,653,989
Cayman Islands — 1.4%
Alibaba Group Holding Ltd.(1)		196,800		1,974,080
Tencent Holdings Ltd.		56,000		1,891,232
				3,865,312
Denmark — 1.1%
Vestas Wind Systems A/S		175,021		3,208,823
				3,208,823
France — 5.5%
Carrefour SA		148,437		2,056,425
EssilorLuxottica SA		21,418		2,902,044
Legrand SA		28,006		1,809,437
Sanofi		56,021		4,275,538
Schneider Electric SE		40,300		4,521,294
				15,564,738
Germany — 8.4%
Bayer AG (Reg S)		47,166		2,176,613
Bayerische Motoren Werke AG		62,074		4,243,945
Daimler Truck Holding AG(1)		72,444		1,657,947
Infineon Technologies AG		129,206		2,863,275
Knorr-Bremse AG		15,288		662,827
Merck KGaA		11,620		1,896,424
SAP SE		60,530		4,989,779
Siemens AG (Reg S)		47,383		4,689,660
Zalando SE(1)(2)		41,667		826,159
				24,006,629
Hong Kong — 3.8%
AIA Group Ltd.		650,800		5,403,304
BOC Hong Kong Holdings Ltd.		731,500		2,418,364
Hong Kong Exchanges & Clearing Ltd.		46,600		1,582,215
Techtronic Industries Co. Ltd.		152,000		1,436,012
				10,839,895
India — 1.1%
HDFC Bank Ltd., ADR		53,225		3,109,405
				3,109,405

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN INTERNATIONAL EQUITY VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Indonesia — 0.8%
Bank Central Asia Tbk PT		4,164,600	$	2,324,839
				2,324,839
Israel — 0.8%
Nice Ltd., ADR(1)		11,587		2,181,137
				2,181,137
Italy — 1.8%
FinecoBank Banca Fineco SpA		245,565		3,018,262
Intesa Sanpaolo SpA		1,312,615		2,160,456
				5,178,718
Japan — 17.7%
Bridgestone Corp.		130,500		4,218,620
Daikin Industries Ltd.		24,400		3,770,290
Disco Corp.		10,800		2,353,495
KDDI Corp.		93,000		2,727,684
Keyence Corp.		5,600		1,859,217
Kubota Corp.		140,400		1,946,949
MISUMI Group, Inc.		92,400		1,965,898
Mitsubishi UFJ Financial Group, Inc.		1,145,500		5,165,548
Murata Manufacturing Co. Ltd.		46,400		2,131,381
Nabtesco Corp.		98,900		2,025,099
Recruit Holdings Co. Ltd.		85,700		2,473,578
Sekisui Chemical Co. Ltd.		175,100		2,143,207
SMC Corp.		8,500		3,429,094
Sony Group Corp.		67,300		4,331,584
Terumo Corp.		106,600		3,008,100
Tokio Marine Holdings, Inc.		145,500		2,586,060
Toyota Motor Corp.		326,000		4,243,487
				50,379,291
Netherlands — 4.2%
Aalberts NV		41,464		1,354,876
Adyen NV(1)(2)		1,296		1,612,287
Akzo Nobel NV		44,681		2,519,835
ASML Holding NV		9,652		4,003,566
Universal Music Group NV		131,311		2,475,223
				11,965,787
Norway — 2.4%
DNB Bank ASA		148,454		2,350,317
Equinor ASA		133,966		4,418,678
				6,768,995
Republic of Korea — 2.1%
Samsung Electronics Co. Ltd.		87,179		3,203,247
Samsung SDI Co. Ltd.		7,030		2,652,356
				5,855,603
Spain — 3.2%
Banco Bilbao Vizcaya Argentaria SA		586,331		2,633,541
CaixaBank SA		436,933		1,407,971
Iberdrola SA		558,802		5,194,834
				9,236,346
Sweden — 1.9%
Nibe Industrier AB, Class B		52,340		464,722
Sandvik AB		137,901		1,877,866
Svenska Handelsbanken AB, Class A		380,715		3,111,032
				5,453,620
Switzerland — 9.5%
Alcon, Inc.		31,518		1,825,208

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN INTERNATIONAL EQUITY VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Switzerland — (continued)
Chocoladefabriken Lindt & Spruengli AG		162	$	1,565,325
Cie Financiere Richemont SA (Reg S), Class A		9,769		916,657
Lonza Group AG (Reg S)		4,432		2,155,321
Nestle SA (Reg S)		83,864		9,080,762
Roche Holding AG		31,402		10,238,906
Sika AG (Reg S)		6,531		1,307,821
				27,090,000
Taiwan — 0.8%
Taiwan Semiconductor Manufacturing Co. Ltd., ADR		32,234		2,209,963
				2,209,963
United Kingdom — 22.4%
Antofagasta PLC		140,237		1,729,858
AstraZeneca PLC		61,454		6,758,100
Bunzl PLC		68,211		2,075,805
Burberry Group PLC		156,023		3,111,273
Diageo PLC		81,188		3,403,056
GSK PLC		92,734		1,352,617
Haleon PLC(1)		327,239		1,012,507
HSBC Holdings PLC		844,340		4,375,292
Kingfisher PLC		502,896		1,221,632
National Grid PLC		316,501		3,266,240
Prudential PLC		235,177		2,310,632
Reckitt Benckiser Group PLC		91,380		6,039,432
RELX PLC		141,078		3,444,085
Shell PLC		403,017		10,053,676
Smith & Nephew PLC		218,705		2,523,165
SSE PLC		94,433		1,601,116
Tesco PLC		1,162,580		2,661,982
Unilever PLC		101,487		4,465,413
Vodafone Group PLC		1,003,281		1,129,973
Whitbread PLC		44,555		1,137,735
				63,673,589
United States — 2.3%
Booking Holdings, Inc.(1)		2,009		3,301,209
Lululemon Athletica, Inc.(1)		8,381		2,342,992
MercadoLibre, Inc.(1)		1,090		902,280
				6,546,481
Total Common Stocks (Cost $380,502,852)				280,402,468
Preferred Stocks — 0.7%
Germany — 0.7%
Dr. Ing. h.c. F. Porsche AG		24,069		1,946,078
Total Preferred Stocks (Cost $1,946,627)				1,946,078

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN INTERNATIONAL EQUITY VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Short-Term Investments — 1.2%
Repurchase Agreements — 1.2%
Fixed Income Clearing Corp., 0.83%, dated 9/30/2022, proceeds at maturity value of $3,372,456, due 10/3/2022(3)	$	3,372,223	$	3,372,223
Total Repurchase Agreements (Cost $3,372,223)				3,372,223
Total Investments — 100.4% (Cost $385,821,702)				285,720,769
Liabilities in excess of other assets — (0.4)%				(1,009,363	)
Total Net Assets — 100.0%			$	284,711,406

(1) Non–income–producing security.

(2) Securities that may be resold in transactions exempt from registration under Rule 144A of the Securities Act of 1933, as amended, normally to certain qualified buyers. At September 30, 2022, the aggregate market value of these securities amounted to $2,438,446, representing 0.9% of net assets. These securities have been deemed liquid by the investment adviser pursuant to the Fund’s liquidity procedures approved by the Board of Trustees.

(3) The table below presents collateral for repurchase agreements.

Security	Coupon			Maturity Date		Principal Amount		Value
10-Year U.S. TIPS		0.625	%		1/15/2024	$	2,770,800	$	3,439,746

Legend:

ADR – American Depositary Receipt

TIPS – Treasury Inflation-Protected Security

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN INTERNATIONAL EQUITY VIP FUND

The following is a summary of the inputs used as of September 30, 2022 in valuing the Fund’s investments. For more information on valuation inputs, please refer to the Fair Value Measurements section of the accompanying Notes to Schedule of Investments.

	— Valuation Inputs —
Investments in Securities (unaudited)	Level 1		Level 2			Level 3		Total
Common Stocks
Australia	$	—	$	5,716,875	*	$	—	$	5,716,875
Austria		—		2,427,212	*		—		2,427,212
Belgium		—		4,782,223	*		—		4,782,223
Brazil		1,362,998		—			—		1,362,998
Canada		6,653,989		—			—		6,653,989
Cayman Islands		—		3,865,312	*		—		3,865,312
Denmark		—		3,208,823	*		—		3,208,823
France		—		15,564,738	*		—		15,564,738
Germany		—		24,006,629	*		—		24,006,629
Hong Kong		—		10,839,895	*		—		10,839,895
India		3,109,405		—			—		3,109,405
Indonesia		—		2,324,839	*		—		2,324,839
Israel		2,181,137		—			—		2,181,137
Italy		—		5,178,718	*		—		5,178,718
Japan		—		50,379,291	*		—		50,379,291
Netherlands		—		11,965,787	*		—		11,965,787
Norway		—		6,768,995	*		—		6,768,995
Republic of Korea		—		5,855,603	*		—		5,855,603
Spain		—		9,236,346	*		—		9,236,346
Sweden		—		5,453,620	*		—		5,453,620
Switzerland		—		27,090,000	*		—		27,090,000
Taiwan		2,209,963		—			—		2,209,963
United Kingdom		—		63,673,589	*		—		63,673,589
United States		6,546,481		—			—		6,546,481
Preferred Stocks
Germany		1,946,078		—			—		1,946,078
Repurchase Agreements		—		3,372,223			—		3,372,223
Total	$	24,010,051	$	261,710,718		$	—	$	285,720,769

^*  Consists of certain foreign securities whose values were determined by a pricing service using pricing models (See Notes to Schedule of Investments). These investments in securities were classified as Level 2 rather than Level 1.

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN LARGE CAP DISCIPLINED GROWTH VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — 99.9%
Aerospace & Defense — 1.0%
Raytheon Technologies Corp.		53,131	$	4,349,304
				4,349,304
Automobiles — 2.8%
Tesla, Inc.(1)		44,612		11,833,333
				11,833,333
Beverages — 3.2%
Constellation Brands, Inc., Class A		26,750		6,143,940
Monster Beverage Corp.(1)		82,506		7,174,722
				13,318,662
Biotechnology — 4.1%
Regeneron Pharmaceuticals, Inc.(1)		8,084		5,568,825
Seagen, Inc.(1)		26,713		3,655,140
Vertex Pharmaceuticals, Inc.(1)		27,967		8,097,565
				17,321,530
Building Products — 2.6%
Builders FirstSource, Inc.(1)		38,957		2,295,347
Fortune Brands Home & Security, Inc.		64,099		3,441,475
Johnson Controls International PLC		106,169		5,225,638
				10,962,460
Capital Markets — 2.4%
Ares Management Corp., Class A		38,524		2,386,562
Morgan Stanley		52,748		4,167,620
S&P Global, Inc.		12,012		3,667,864
				10,222,046
Chemicals — 1.4%
PPG Industries, Inc.		53,002		5,866,791
				5,866,791
Consumer Finance — 1.5%
American Express Co.		45,663		6,160,395
				6,160,395
Electronic Equipment, Instruments & Components — 2.5%
Amphenol Corp., Class A		69,427		4,648,832
CDW Corp.		36,605		5,713,308
				10,362,140
Entertainment — 0.9%
Walt Disney Co.(1)		41,189		3,885,358
				3,885,358
Equity Real Estate Investment Trusts (REITs) — 1.7%
Prologis, Inc.		40,165		4,080,764
Rexford Industrial Realty, Inc.		58,792		3,057,184
				7,137,948
Health Care Equipment & Supplies — 2.2%
Align Technology, Inc.(1)		10,293		2,131,783
Edwards Lifesciences Corp.(1)		50,139		4,142,986
Teleflex, Inc.		14,932		3,008,201
				9,282,970
Health Care Providers & Services — 4.0%
R1 RCM, Inc.(1)		140,943		2,611,674
UnitedHealth Group, Inc.		27,797		14,038,597
				16,650,271

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN LARGE CAP DISCIPLINED GROWTH VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Hotels, Restaurants & Leisure — 3.4%
Airbnb, Inc., Class A(1)		36,682	$	3,853,077
Booking Holdings, Inc.(1)		2,457		4,037,367
Chipotle Mexican Grill, Inc.(1)		4,225		6,349,161
				14,239,605
Interactive Media & Services — 6.0%
Alphabet, Inc., Class A(1)		197,476		18,888,579
Meta Platforms, Inc., Class A(1)		29,798		4,042,993
ZoomInfo Technologies, Inc.(1)		56,722		2,363,039
				25,294,611
Internet & Direct Marketing Retail — 7.3%
Amazon.com, Inc.(1)		246,292		27,830,996
Etsy, Inc.(1)		26,442		2,647,638
				30,478,634
IT Services — 5.3%
Block, Inc.(1)		34,777		1,912,387
FleetCor Technologies, Inc.(1)		26,923		4,743,025
Global Payments, Inc.		35,456		3,831,021
Mastercard, Inc., Class A		40,569		11,535,389
				22,021,822
Life Sciences Tools & Services — 1.6%
Thermo Fisher Scientific, Inc.		12,953		6,569,632
				6,569,632
Machinery — 3.1%
Deere & Co.		25,404		8,482,142
Nordson Corp.		21,744		4,615,599
				13,097,741
Oil, Gas & Consumable Fuels — 1.4%
Pioneer Natural Resources Co.		26,296		5,693,873
				5,693,873
Personal Products — 1.4%
Estee Lauder Cos., Inc., Class A		27,576		5,953,658
				5,953,658
Pharmaceuticals — 2.7%
Eli Lilly and Co.		34,523		11,163,012
				11,163,012
Semiconductors & Semiconductor Equipment — 7.3%
Advanced Micro Devices, Inc.(1)		66,762		4,230,040
KLA Corp.		14,291		4,324,885
Marvell Technology, Inc.		53,511		2,296,157
NVIDIA Corp.		69,544		8,441,946
Teradyne, Inc.		33,510		2,518,277
Texas Instruments, Inc.		56,305		8,714,888
				30,526,193
Software — 14.9%
Five9, Inc.(1)		36,475		2,734,895
Microsoft Corp.		147,979		34,464,309
Palo Alto Networks, Inc.(1)		40,764		6,676,736
Paycom Software, Inc.(1)		13,947		4,602,371
Salesforce, Inc.(1)		40,798		5,868,384
ServiceNow, Inc.(1)		15,889		5,999,845

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN LARGE CAP DISCIPLINED GROWTH VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Software — (continued)
Workday, Inc., Class A(1)		14,841	$	2,259,097
				62,605,637
Specialty Retail — 2.0%
TJX Cos., Inc.		136,403		8,473,354
				8,473,354
Technology Hardware, Storage & Peripherals — 10.3%
Apple, Inc.		291,651		40,306,168
NetApp, Inc.		42,850		2,650,273
				42,956,441
Textiles, Apparel & Luxury Goods — 2.9%
Lululemon Athletica, Inc.(1)		20,282		5,670,036
NIKE, Inc., Class B		77,454		6,437,976
				12,108,012
Total Common Stocks (Cost $387,199,053)				418,535,433
	Principal Amount		Value
Short-Term Investments — 0.3%
Repurchase Agreements — 0.3%
Fixed Income Clearing Corp., 0.83%, dated 9/30/2022, proceeds at maturity value of $1,354,828, due 10/3/2022(2)	$	1,354,734		1,354,734
Total Repurchase Agreements (Cost $1,354,734)				1,354,734
Total Investments — 100.2% (Cost $388,553,787)				419,890,167
Liabilities in excess of other assets — (0.2)%				(778,910	)
Total Net Assets — 100.0%			$	419,111,257

(1) Non–income–producing security.

(2) The table below presents collateral for repurchase agreements.

Security	Coupon			Maturity Date		Principal Amount		Value
U.S. Treasury Note		0.875	%		1/31/2024	$	1,445,200	$	1,381,916

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN LARGE CAP DISCIPLINED GROWTH VIP FUND

The following is a summary of the inputs used as of September 30, 2022 in valuing the Fund’s investments. For more information on valuation inputs, please refer to the Fair Value Measurements section of the accompanying Notes to Schedule of Investments.

	— Valuation Inputs —
Investments in Securities (unaudited)	Level 1		Level 2		Level 3		Total
Common Stocks	$	418,535,433	$	—	$	—	$	418,535,433
Repurchase Agreements		—		1,354,734		—		1,354,734
Total	$	418,535,433	$	1,354,734	$	—	$	419,890,167

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN LARGE CAP DISCIPLINED VALUE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — 96.4%
Aerospace & Defense — 2.2%
General Dynamics Corp.		7,345	$	1,558,389
Howmet Aerospace, Inc.		57,156		1,767,835
				3,326,224
Banks — 7.6%
Bank of America Corp.		71,154		2,148,851
JPMorgan Chase & Co.		46,482		4,857,369
Truist Financial Corp.		31,390		1,366,721
Wells Fargo & Co.		80,879		3,252,953
				11,625,894
Beverages — 2.7%
Coca-Cola Europacific Partners PLC		27,648		1,178,358
Keurig Dr Pepper, Inc.		83,150		2,978,433
				4,156,791
Biotechnology — 1.8%
AbbVie, Inc.		20,456		2,745,400
				2,745,400
Building Products — 1.2%
Allegion PLC		9,027		809,541
Masco Corp.		22,734		1,061,451
				1,870,992
Capital Markets — 4.3%
Charles Schwab Corp.		49,848		3,582,576
Goldman Sachs Group, Inc.		7,116		2,085,344
Intercontinental Exchange, Inc.		9,945		898,530
				6,566,450
Chemicals — 2.9%
Axalta Coating Systems Ltd.(1)		60,566		1,275,520
DuPont de Nemours, Inc.		44,263		2,230,855
Olin Corp.		20,214		866,776
				4,373,151
Communications Equipment — 1.8%
Cisco Systems, Inc.		70,620		2,824,800
				2,824,800
Construction Materials — 0.7%
CRH PLC, ADR		31,848		1,026,461
				1,026,461
Consumer Finance — 0.4%
Capital One Financial Corp.		7,230		666,389
				666,389
Distributors — 0.8%
LKQ Corp.		24,999		1,178,703
				1,178,703
Diversified Financial Services — 3.2%
Berkshire Hathaway, Inc., Class B(1)		18,464		4,930,257
				4,930,257
Electric Utilities — 0.6%
FirstEnergy Corp.		26,271		972,027
				972,027

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN LARGE CAP DISCIPLINED VALUE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Electrical Equipment — 1.2%
Eaton Corp. PLC		13,519	$	1,802,894
				1,802,894
Energy Equipment & Services — 1.3%
Schlumberger NV		54,136		1,943,482
				1,943,482
Entertainment — 0.4%
Activision Blizzard, Inc.		7,709		573,087
				573,087
Food & Staples Retailing — 0.6%
US Foods Holding Corp.(1)		33,600		888,384
				888,384
Health Care Providers & Services — 10.3%
AmerisourceBergen Corp.		12,652		1,712,195
Centene Corp.(1)		39,015		3,035,757
Cigna Corp.		12,323		3,419,263
CVS Health Corp.		37,763		3,601,457
McKesson Corp.		2,400		815,688
UnitedHealth Group, Inc.		6,134		3,097,916
				15,682,276
Household Durables — 1.1%
Mohawk Industries, Inc.(1)		10,557		962,693
Sony Group Corp., ADR		10,950		701,347
				1,664,040
Insurance — 2.2%
Allstate Corp.		5,540		689,896
Chubb Ltd.		9,301		1,691,666
Everest Re Group Ltd.		4,064		1,066,556
				3,448,118
Interactive Media & Services — 4.0%
Alphabet, Inc., Class A(1)		39,089		3,738,863
Meta Platforms, Inc., Class A(1)		17,289		2,345,771
				6,084,634
IT Services — 4.7%
Cognizant Technology Solutions Corp., Class A		24,382		1,400,502
Fidelity National Information Services, Inc.		24,856		1,878,368
FleetCor Technologies, Inc.(1)		7,471		1,316,166
Global Payments, Inc.		12,854		1,388,875
SS&C Technologies Holdings, Inc.		24,490		1,169,397
				7,153,308
Life Sciences Tools & Services — 1.7%
Avantor, Inc.(1)		67,731		1,327,528
ICON PLC(1)		6,550		1,203,759
				2,531,287
Machinery — 4.5%
Caterpillar, Inc.		6,690		1,097,695
Deere & Co.		5,595		1,868,115
Dover Corp.		6,184		720,931
Fortive Corp.		15,898		926,853
Otis Worldwide Corp.		22,379		1,427,780
Westinghouse Air Brake Technologies Corp.		11,191		910,388
				6,951,762

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN LARGE CAP DISCIPLINED VALUE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Multi-Utilities — 2.0%
CenterPoint Energy, Inc.		56,178	$	1,583,096
Dominion Energy, Inc.		21,178		1,463,612
				3,046,708
Oil, Gas & Consumable Fuels — 11.4%
Canadian Natural Resources Ltd.		42,842		1,995,152
Cenovus Energy, Inc.		99,123		1,523,521
ConocoPhillips		55,774		5,707,911
Devon Energy Corp.		29,827		1,793,497
EOG Resources, Inc.		11,938		1,333,833
Marathon Petroleum Corp.		27,179		2,699,690
Pioneer Natural Resources Co.		11,103		2,404,133
				17,457,737
Pharmaceuticals — 8.7%
Bristol Myers Squibb Co.		44,024		3,129,666
Johnson & Johnson		37,622		6,145,930
Novartis AG, ADR		10,699		813,231
Sanofi, ADR		83,534		3,175,963
				13,264,790
Professional Services — 0.8%
Leidos Holdings, Inc.		14,054		1,229,303
				1,229,303
Road & Rail — 1.0%
Union Pacific Corp.		8,261		1,609,408
				1,609,408
Semiconductors & Semiconductor Equipment — 5.1%
Applied Materials, Inc.		14,338		1,174,712
Lam Research Corp.		1,325		484,950
Microchip Technology, Inc.		21,640		1,320,689
Micron Technology, Inc.		22,426		1,123,543
NXP Semiconductors NV		1,919		283,072
Qorvo, Inc.(1)		11,156		885,898
QUALCOMM, Inc.		22,171		2,504,879
				7,777,743
Specialty Retail — 2.6%
AutoZone, Inc.(1)		1,872		4,009,693
				4,009,693
Trading Companies & Distributors — 1.1%
United Rentals, Inc.(1)		6,540		1,766,585
				1,766,585
Wireless Telecommunication Services — 1.5%
T-Mobile US, Inc.(1)		17,035		2,285,586
				2,285,586
Total Common Stocks (Cost $130,690,153)				147,434,364
	Principal Amount		Value
Short-Term Investments — 3.6%
Repurchase Agreements — 3.6%
Fixed Income Clearing Corp., 0.83%, dated 9/30/2022, proceeds at maturity value of $5,496,253, due 10/3/2022(2)	$	5,495,873		5,495,873
Total Repurchase Agreements (Cost $5,495,873)				5,495,873

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN LARGE CAP DISCIPLINED VALUE VIP FUND

September 30, 2022 (unaudited)	Value
Total Investments — 100.0% (Cost $136,186,026)	$	152,930,237
Liabilities in excess of other assets — (0.0)%		(57,991	)
Total Net Assets — 100.0%	$	152,872,246

(1) Non–income–producing security.

(2) The table below presents collateral for repurchase agreements.

Security	Coupon			Maturity Date		Principal Amount		Value
U.S. Treasury Note		0.875	%		1/31/2024	$	5,862,600	$	5,605,883

Legend:

ADR – American Depositary Receipt

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN LARGE CAP DISCIPLINED VALUE VIP FUND

The following is a summary of the inputs used as of September 30, 2022 in valuing the Fund’s investments. For more information on valuation inputs, please refer to the Fair Value Measurements section of the accompanying Notes to Schedule of Investments.

	— Valuation Inputs —
Investments in Securities (unaudited)	Level 1		Level 2		Level 3		Total
Common Stocks	$	147,434,364	$	—	$	—	$	147,434,364
Repurchase Agreements		—		5,495,873		—		5,495,873
Total	$	147,434,364	$	5,495,873	$	—	$	152,930,237

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN LARGE CAP FUNDAMENTAL GROWTH VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — 97.4%
Aerospace & Defense — 2.3%
Raytheon Technologies Corp.		65,220	$	5,338,909
				5,338,909
Air Freight & Logistics — 2.4%
United Parcel Service, Inc., Class B		34,456		5,566,022
				5,566,022
Auto Components — 1.2%
Aptiv PLC(1)		34,574		2,704,033
				2,704,033
Beverages — 2.5%
Monster Beverage Corp.(1)		66,490		5,781,970
				5,781,970
Capital Markets — 2.6%
S&P Global, Inc.		19,723		6,022,418
				6,022,418
Chemicals — 1.3%
Sherwin-Williams Co.		14,500		2,968,875
				2,968,875
Electrical Equipment — 2.3%
Eaton Corp. PLC		39,240		5,233,046
				5,233,046
Entertainment — 3.8%
Netflix, Inc.(1)		20,600		4,850,064
Sea Ltd., ADR(1)		29,560		1,656,838
Walt Disney Co.(1)		23,919		2,256,279
				8,763,181
Equity Real Estate Investment Trusts (REITs) — 1.6%
Equinix, Inc.		6,527		3,712,819
				3,712,819
Health Care Equipment & Supplies — 6.9%
Alcon, Inc.		76,060		4,425,171
Dexcom, Inc.(1)		45,800		3,688,732
Intuitive Surgical, Inc.(1)		20,270		3,799,409
Stryker Corp.		19,500		3,949,530
				15,862,842
Health Care Providers & Services — 5.4%
UnitedHealth Group, Inc.		24,447		12,346,713
				12,346,713
Insurance — 0.5%
Marsh & McLennan Cos., Inc.		7,900		1,179,391
				1,179,391
Interactive Media & Services — 3.1%
Meta Platforms, Inc., Class A(1)		53,413		7,247,076
				7,247,076
Internet & Direct Marketing Retail — 9.2%
Amazon.com, Inc.(1)		188,300		21,277,900
				21,277,900

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN LARGE CAP FUNDAMENTAL GROWTH VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
IT Services — 7.9%
PayPal Holdings, Inc.(1)		62,715	$	5,397,880
Visa, Inc., Class A		71,587		12,717,431
				18,115,311
Life Sciences Tools & Services — 3.8%
Thermo Fisher Scientific, Inc.		17,032		8,638,460
				8,638,460
Pharmaceuticals — 2.9%
Zoetis, Inc.		45,221		6,705,822
				6,705,822
Road & Rail — 1.5%
Uber Technologies, Inc.(1)		134,082		3,553,173
				3,553,173
Semiconductors & Semiconductor Equipment — 4.8%
ASML Holding NV		6,200		2,575,170
Intel Corp.		73,600		1,896,672
NVIDIA Corp.		53,232		6,461,832
				10,933,674
Software — 19.7%
Adobe, Inc.(1)		11,460		3,153,792
Atlassian Corp. PLC, Class A(1)		19,390		4,083,340
Microsoft Corp.		73,004		17,002,631
Palo Alto Networks, Inc.(1)		49,482		8,104,657
Salesforce, Inc.(1)		41,550		5,976,552
Splunk, Inc.(1)		37,681		2,833,611
Unity Software, Inc.(1)		27,000		860,220
Workday, Inc., Class A(1)		22,530		3,429,517
				45,444,320
Specialty Retail — 2.9%
Advance Auto Parts, Inc.		21,760		3,401,958
Tractor Supply Co.		17,120		3,182,266
				6,584,224
Technology Hardware, Storage & Peripherals — 4.8%
Apple, Inc.		80,544		11,131,181
				11,131,181
Textiles, Apparel & Luxury Goods — 1.6%
NIKE, Inc., Class B		43,800		3,640,656
				3,640,656
Trading Companies & Distributors — 2.4%
WW Grainger, Inc.		11,379		5,566,493
				5,566,493
Total Common Stocks (Cost $207,844,666)				224,318,509
	Principal Amount		Value
Short-Term Investments — 3.1%
Repurchase Agreements — 3.1%
Fixed Income Clearing Corp., 0.83%, dated 9/30/2022, proceeds at maturity value of $7,068,067, due 10/3/2022(2)	$	7,067,579		7,067,579
Total Repurchase Agreements (Cost $7,067,579)				7,067,579

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN LARGE CAP FUNDAMENTAL GROWTH VIP FUND

September 30, 2022 (unaudited)	Value
Total Investments — 100.5% (Cost $214,912,245)	$	231,386,088
Liabilities in excess of other assets — (0.5)%		(1,228,029	)
Total Net Assets — 100.0%	$	230,158,059

(1) Non–income–producing security.

(2) The table below presents collateral for repurchase agreements.

Security	Coupon			Maturity Date		Principal Amount		Value
U.S. Treasury Note		0.75	%		12/31/2023	$	7,527,700	$	7,208,947

Legend:

ADR – American Depositary Receipt

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN LARGE CAP FUNDAMENTAL GROWTH VIP FUND

The following is a summary of the inputs used as of September 30, 2022 in valuing the Fund’s investments. For more information on valuation inputs, please refer to the Fair Value Measurements section of the accompanying Notes to Schedule of Investments.

	— Valuation Inputs —
Investments in Securities (unaudited)	Level 1		Level 2		Level 3		Total
Common Stocks	$	224,318,509	$	—	$	—	$	224,318,509
Repurchase Agreements		—		7,067,579		—		7,067,579
Total	$	224,318,509	$	7,067,579	$	—	$	231,386,088

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN MID CAP TRADITIONAL GROWTH VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — 97.2%
Aerospace & Defense — 1.7%
L3Harris Technologies, Inc.		6,794	$	1,411,997
				1,411,997
Airlines — 0.8%
Ryanair Holdings PLC, ADR(1)		11,560		675,335
				675,335
Auto Components — 0.5%
Visteon Corp.(1)		3,861		409,498
				409,498
Banks — 0.5%
SVB Financial Group(1)		1,095		367,679
				367,679
Biotechnology — 3.2%
Abcam PLC, ADR(1)		15,069		225,884
Ascendis Pharma A/S, ADR(1)		5,181		534,990
BioMarin Pharmaceutical, Inc.(1)		8,219		696,725
Neurocrine Biosciences, Inc.(1)		5,273		560,045
Sarepta Therapeutics, Inc.(1)		5,750		635,605
				2,653,249
Capital Markets — 6.8%
Cboe Global Markets, Inc.		7,693		902,927
Charles Schwab Corp.		11,301		812,203
LPL Financial Holdings, Inc.		15,785		3,448,707
MSCI, Inc.		990		417,572
				5,581,409
Chemicals — 0.8%
Corteva, Inc.		11,323		647,110
				647,110
Commercial Services & Supplies — 1.8%
Cimpress PLC(1)		11,593		283,797
Rentokil Initial PLC (United Kingdom)		23,656		124,913
Ritchie Bros Auctioneers, Inc.		17,075		1,066,846
				1,475,556
Containers & Packaging — 1.1%
Sealed Air Corp.		20,582		916,105
				916,105
Diversified Consumer Services — 1.4%
Frontdoor, Inc.(1)		17,693		360,760
Terminix Global Holdings, Inc.(1)		21,069		806,732
				1,167,492
Electric Utilities — 0.8%
Alliant Energy Corp.		12,372		655,592
				655,592
Electrical Equipment — 3.0%
Regal Rexnord Corp.		4,144		581,652
Sensata Technologies Holding PLC		51,063		1,903,629
				2,485,281
Electronic Equipment, Instruments & Components — 8.2%
Flex Ltd.(1)		97,320		1,621,351
National Instruments Corp.		32,003		1,207,793
TE Connectivity Ltd.		21,851		2,411,476
Teledyne Technologies, Inc.(1)		4,601		1,552,700
				6,793,320

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN MID CAP TRADITIONAL GROWTH VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Entertainment — 1.8%
Liberty Media Corp-Liberty Formula One, Class C(1)		25,588	$	1,496,898
				1,496,898
Equity Real Estate Investment Trusts (REITs) — 1.5%
Lamar Advertising Co., Class A		15,053		1,241,722
				1,241,722
Health Care Equipment & Supplies — 7.5%
Boston Scientific Corp.(1)		61,052		2,364,544
Cooper Cos., Inc.		3,147		830,493
Dentsply Sirona, Inc.		19,971		566,178
ICU Medical, Inc.(1)		6,496		978,298
Teleflex, Inc.		7,383		1,487,379
				6,226,892
Hotels, Restaurants & Leisure — 1.9%
Aramark		34,987		1,091,594
Entain PLC (United Kingdom)		43,025		516,675
				1,608,269
Insurance — 7.3%
Aon PLC, Class A		2,363		632,977
Intact Financial Corp. (Canada)		16,528		2,339,059
Ryan Specialty Holdings Inc(1)		16,005		650,123
WR Berkley Corp.		36,843		2,379,321
				6,001,480
Interactive Media & Services — 0.5%
Ziff Davis, Inc.(1)		6,430		440,326
				440,326
Internet & Direct Marketing Retail — 0.2%
Wayfair, Inc., Class A(1)		5,500		179,025
				179,025
IT Services — 13.8%
Amdocs Ltd.		26,134		2,076,346
Broadridge Financial Solutions, Inc.		8,318		1,200,454
Fidelity National Information Services, Inc.		13,101		990,043
Global Payments, Inc.		9,670		1,044,844
GoDaddy, Inc., Class A(1)		29,357		2,080,824
SS&C Technologies Holdings, Inc.		43,788		2,090,877
WEX, Inc.(1)		15,411		1,956,272
				11,439,660
Life Sciences Tools & Services — 3.6%
Avantor, Inc.(1)		42,248		828,061
Illumina, Inc.(1)		3,427		653,837
PerkinElmer, Inc.		8,398		1,010,531
Waters Corp.(1)		1,781		480,033
				2,972,462
Machinery — 3.1%
Ingersoll Rand, Inc.		31,839		1,377,355
Westinghouse Air Brake Technologies Corp.		14,129		1,149,394
				2,526,749

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN MID CAP TRADITIONAL GROWTH VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Multiline Retail — 0.4%
Dollar Tree, Inc.(1)		2,693	$	366,517
				366,517
Pharmaceuticals — 1.7%
Catalent, Inc.(1)		13,376		967,887
Elanco Animal Health, Inc.(1)		32,511		403,462
				1,371,349
Professional Services — 0.2%
Upwork, Inc.(1)		9,637		131,256
				131,256
Road & Rail — 2.6%
JB Hunt Transport Services, Inc.		13,787		2,156,563
				2,156,563
Semiconductors & Semiconductor Equipment — 8.6%
KLA Corp.		4,047		1,224,743
Lam Research Corp.		1,452		531,432
Microchip Technology, Inc.		20,136		1,228,900
NXP Semiconductors NV		6,543		965,158
ON Semiconductor Corp.(1)		51,105		3,185,375
				7,135,608
Software — 7.2%
Atlassian Corp. PLC, Class A(1)		2,716		571,963
Ceridian HCM Holding, Inc.(1)		18,322		1,023,833
Constellation Software, Inc. (Canada)		1,742		2,423,919
Dynatrace, Inc.(1)		13,829		481,388
Nice Ltd., ADR(1)		6,364		1,197,959
Topicus.com, Inc. (Canada)(1)		4,776		229,646
				5,928,708
Specialty Retail — 2.0%
Burlington Stores, Inc.(1)		4,105		459,308
CarMax, Inc.(1)		18,092		1,194,434
				1,653,742
Textiles, Apparel & Luxury Goods — 1.4%
Gildan Activewear, Inc.		41,096		1,161,784
				1,161,784
Trading Companies & Distributors — 1.3%
Ferguson PLC		10,781		1,109,688
				1,109,688
Total Common Stocks (Cost $73,285,679)				80,388,321
	Principal Amount		Value
Short-Term Investments — 3.0%
Repurchase Agreements — 3.0%
Fixed Income Clearing Corp., 0.83%, dated 9/30/2022, proceeds at maturity value of $2,459,627, due 10/3/2022(2)	$	2,459,457		2,459,457
Total Repurchase Agreements (Cost $2,459,457)				2,459,457

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN MID CAP TRADITIONAL GROWTH VIP FUND

September 30, 2022 (unaudited)	Value
Total Investments — 100.2% (Cost $75,745,136)	$	82,847,778
Liabilities in excess of other assets — (0.2)%		(139,737	)
Total Net Assets — 100.0%	$	82,708,041

(1) Non–income–producing security.

(2) The table below presents collateral for repurchase agreements.

Security	Coupon			Maturity Date		Principal Amount		Value
U.S. Treasury Note		0.75	%		12/31/2023	$	2,619,600	$	2,508,676

Legend:

ADR – American Depositary Receipt

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN MID CAP TRADITIONAL GROWTH VIP FUND

The following is a summary of the inputs used as of September 30, 2022 in valuing the Fund’s investments. For more information on valuation inputs, please refer to the Fair Value Measurements section of the accompanying Notes to Schedule of Investments.

	— Valuation Inputs —
Investments in Securities (unaudited)	Level 1		Level 2			Level 3		Total
Common Stocks	$	79,746,733	$	641,588	*	$	—	$	80,388,321
Repurchase Agreements		—		2,459,457			—		2,459,457
Total	$	79,746,733	$	3,101,045		$	—	$	82,847,778

^*  Consists of certain foreign securities whose values were determined by a pricing service using pricing models (See Notes to Schedule of Investments). These investments in securities were classified as Level 2 rather than Level 1.

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN MID CAP RELATIVE VALUE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — 97.8%
Auto Components — 2.9%
Aptiv PLC(1)		19,844	$	1,551,999
Lear Corp.		27,110		3,244,796
				4,796,795
Banks — 3.7%
Fifth Third Bancorp		84,447		2,698,926
PacWest Bancorp		26,666		602,652
Regions Financial Corp.		103,398		2,075,198
Zions Bancorporation NA		13,955		709,751
				6,086,527
Beverages — 2.8%
Keurig Dr Pepper, Inc.		129,373		4,634,141
				4,634,141
Building Products — 5.4%
Builders FirstSource, Inc.(1)		28,707		1,691,416
Carlisle Cos., Inc.		26,100		7,318,701
				9,010,117
Chemicals — 0.4%
FMC Corp.		5,961		630,078
				630,078
Commercial Services & Supplies — 3.9%
Republic Services, Inc.		47,140		6,412,926
				6,412,926
Communications Equipment — 0.8%
Juniper Networks, Inc.		48,656		1,270,895
				1,270,895
Construction & Engineering — 2.3%
API Group Corp.(1)		69,789		926,100
MasTec, Inc.(1)		45,754		2,905,379
				3,831,479
Construction Materials — 2.8%
Vulcan Materials Co.		29,310		4,622,480
				4,622,480
Consumer Finance — 1.5%
Discover Financial Services		27,045		2,458,931
				2,458,931
Containers & Packaging — 0.8%
AptarGroup, Inc.		13,253		1,259,433
				1,259,433
Distributors — 3.4%
LKQ Corp.		118,388		5,581,994
				5,581,994
Diversified Financial Services — 0.0%
Pershing Square Tontine Holdings Ltd.(1)(2)(3)		125,172		0
Electric Utilities — 5.2%
American Electric Power Co., Inc.		52,649		4,551,506
FirstEnergy Corp.		111,722		4,133,714
				8,685,220

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN MID CAP RELATIVE VALUE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Energy Equipment & Services — 1.5%
Baker Hughes Co.		57,503	$	1,205,263
NOV, Inc.		74,016		1,197,579
				2,402,842
Equity Real Estate Investment Trusts (REITs) — 2.3%
Boston Properties, Inc.		9,551		716,038
Gaming and Leisure Properties, Inc.		67,987		3,007,745
				3,723,783
Health Care Equipment & Supplies — 4.2%
Alcon, Inc.		63,324		3,684,190
Teleflex, Inc.		3,190		642,658
Zimmer Biomet Holdings, Inc.		24,955		2,609,045
				6,935,893
Health Care Providers & Services — 4.3%
Humana, Inc.		9,955		4,830,066
Universal Health Services, Inc., Class B		25,421		2,241,624
				7,071,690
Hotels, Restaurants & Leisure — 1.8%
Wendy’s Co.		34,274		640,581
Yum China Holdings, Inc.		50,836		2,406,068
				3,046,649
Household Durables — 2.8%
D.R. Horton, Inc.		61,838		4,164,789
Helen of Troy Ltd.(1)		4,354		419,900
				4,584,689
Household Products — 4.6%
Church & Dwight Co., Inc.		42,756		3,054,489
Reynolds Consumer Products, Inc.		174,290		4,533,283
				7,587,772
Insurance — 10.8%
Allstate Corp.		31,971		3,981,348
Arch Capital Group Ltd.(1)		134,337		6,117,707
Axis Capital Holdings Ltd.		14,359		705,745
Brown & Brown, Inc.		80,216		4,851,464
Loews Corp.		44,799		2,232,782
				17,889,046
IT Services — 4.7%
Amdocs Ltd.		66,603		5,291,609
Euronet Worldwide, Inc.(1)		33,857		2,565,006
				7,856,615
Life Sciences Tools & Services — 1.5%
Charles River Laboratories International, Inc.(1)		12,975		2,553,480
				2,553,480
Machinery — 3.3%
Donaldson Co., Inc.		56,823		2,784,895
Gates Industrial Corp. PLC(1)		141,634		1,382,348
Stanley Black & Decker, Inc.		16,177		1,216,672
				5,383,915
Metals & Mining — 1.0%
Freeport-McMoRan, Inc.		62,329		1,703,452
				1,703,452

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN MID CAP RELATIVE VALUE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Mortgage Real Estate Investment Trusts (REITs) — 1.9%
Annaly Capital Management, Inc.		181,081	$	3,107,341
				3,107,341
Oil, Gas & Consumable Fuels — 4.5%
Devon Energy Corp.		32,330		1,944,003
EOG Resources, Inc.		27,643		3,088,552
Valero Energy Corp.		22,582		2,412,887
				7,445,442
Professional Services — 3.5%
Dun & Bradstreet Holdings, Inc.		145,265		1,799,834
Jacobs Solutions, Inc.		37,117		4,026,823
				5,826,657
Real Estate Management & Development — 2.6%
CBRE Group, Inc., Class A(1)		63,662		4,297,822
				4,297,822
Semiconductors & Semiconductor Equipment — 0.5%
ON Semiconductor Corp.(1)		13,274		827,368
				827,368
Software — 0.9%
NCR Corp.(1)		81,148		1,542,623
				1,542,623
Specialty Retail — 0.4%
Best Buy Co., Inc.		10,160		643,534
				643,534
Trading Companies & Distributors — 2.9%
AerCap Holdings NV(1)		114,223		4,835,060
				4,835,060
Water Utilities — 1.9%
American Water Works Co., Inc.		24,514		3,190,742
				3,190,742
Total Common Stocks (Cost $143,300,422)				161,737,431
Warrants — 0.0%
Liberty Media Acquisition Corp., Class A(1)		7,895		32
Pershing Square Tontine Holdings Ltd., Class A(1)(2)		14,344		0
Total Warrants (Cost $97,374)				32
	Principal Amount		Value
Short-Term Investments — 2.5%
Repurchase Agreements — 2.5%
Fixed Income Clearing Corp., 0.83%, dated 9/30/2022, proceeds at maturity value of $4,123,578, due 10/3/2022(4)	$	4,123,292		4,123,292
Total Repurchase Agreements (Cost $4,123,292)				4,123,292
Total Investments — 100.3% (Cost $147,521,088)				165,860,755
Liabilities in excess of other assets — (0.3)%				(456,225	)
Total Net Assets — 100.0%			$	165,404,530

(1) Non–income–producing security.

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN MID CAP RELATIVE VALUE VIP FUND

(2) The table below presents securities deemed illiquid by the investment adviser.

Security	Shares		Cost		Value		Acquisition Date		% of Fund’s Net Assets
Pershing Square Tontine Holdings Ltd.		125,172	$	0	$	0		7/26/2022		0.00	%
Pershing Square Tontine Holdings Ltd., Class A		14,344		82,105		0		7/22/2020 – 7/30/2020		0.00

(3) Escrow interests represent beneficial interests in bankruptcy reorganizations or liquidation proceedings and may be subject to resale, redemption or transferability restrictions. The amount and timing of future payments, if any, cannot be predicted with certainty.

(4) The table below presents collateral for repurchase agreements.

Security	Coupon			Maturity Date		Principal Amount		Value
U.S. Treasury Note		0.75	%		12/31/2023	$	4,391,800	$	4,205,834

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN MID CAP RELATIVE VALUE VIP FUND

The following is a summary of the inputs used as of September 30, 2022 in valuing the Fund’s investments. For more information on valuation inputs, please refer to the Fair Value Measurements section of the accompanying Notes to Schedule of Investments.

	— Valuation Inputs —
Investments in Securities (unaudited)	Level 1		Level 2		Level 3		Total
Common Stocks	$	161,737,431	$	0	$	—	$	161,737,431
Warrants		—		32		—		32
Repurchase Agreements		—		4,123,292		—		4,123,292
Total	$	161,737,431	$	4,123,324	$	—	$	165,860,755

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE PLUS FIXED INCOME VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Agency Mortgage-Backed Securities — 28.7%
Federal Home Loan Mortgage Corp.
2.50% due 11/1/2050	$	735,087	$	624,112
3.50% due 2/1/2046		537,867		492,900
4.50% due 8/1/2052		1,313,650		1,263,225
5.00% due 7/1/2052		587,150		580,083
5.00% due 8/1/2052		882,405		868,547
5.00% due 8/1/2052		1,329,961		1,307,505
Federal National Mortgage Association
2.50% due 8/1/2050		462,727		395,672
2.50% due 8/1/2050		3,200,499		2,724,058
2.50% due 8/1/2050		2,020,016		1,723,745
2.50% due 9/1/2050		2,913,676		2,479,932
2.50% due 1/1/2051		1,271,867		1,082,319
2.50% due 9/1/2051		442,682		375,189
2.50% due 12/1/2051		1,074,255		909,098
2.50% due 12/1/2051		669,080		568,310
3.00% due 12/1/2048		2,114,864		1,871,801
3.50% due 7/1/2045		614,800		562,638
3.50% due 9/1/2051		270,589		246,698
3.50% due 4/1/2052		1,106,041		1,005,468
4.00% due 5/1/2052		625,957		587,421
4.00% due 5/1/2052		461,639		432,467
4.00% due 6/1/2052		1,143,136		1,066,363
5.00% due 7/1/2052		357,572		353,268
5.00% due 7/1/2052		445,541		441,285
5.00% due 8/1/2052		1,221,988		1,201,352
Government National Mortgage Association
3.00% due 11/21/2052(1)		638,000		562,282
3.50% due 10/20/2052(1)		775,000		703,124
4.00% due 10/20/2052(1)		2,589,000		2,414,367
4.50% due 10/20/2052(1)		2,944,000		2,813,966
4.50% due 11/21/2052(1)		2,677,000		2,556,112
5.00% due 10/20/2052(1)		3,489,000		3,409,221
5.50% due 11/21/2052(1)		1,360,000		1,352,829
Uniform Mortgage-Backed Security
2.00% due 11/14/2052(1)		7,384,000		5,968,775
2.50% due 11/10/2051(1)		1,776,000		1,489,796
3.00% due 11/14/2052(1)		4,810,000		4,177,245
3.50% due 11/14/2052(1)		4,915,000		4,414,122
4.00% due 11/16/2037(1)		1,447,000		1,392,769
4.00% due 11/14/2052(1)		1,488,000		1,377,797
4.50% due 11/16/2037(1)		3,468,000		3,390,251
4.50% due 11/14/2052(1)		5,987,000		5,690,296
5.00% due 11/16/2037(1)		2,451,000		2,449,085
5.00% due 12/15/2037(1)		647,000		645,180
5.00% due 11/14/2052(1)		578,000		562,222
5.50% due 11/14/2052(1)		2,431,000		2,410,456
6.00% due 11/14/2052(1)		2,567,000		2,585,842
Total Agency Mortgage-Backed Securities (Cost $76,353,817)				73,529,193
Asset-Backed Securities — 21.2%
American Express Credit Account Master Trust
2022-3 A
3.75% due 8/15/2027		640,000		624,695
Apidos CLO XXVI
2017-26A A2R
4.24% (LIBOR 3 Month + 1.50%) due 7/18/2029(2)(3)		280,000		266,672

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE PLUS FIXED INCOME VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Asset-Backed Securities — (continued)
Apidos CLO XXXV
2021-35A A
3.76% (LIBOR 3 Month + 1.05%) due 4/20/2034(2)(3)	$	400,000	$	382,072
Arbor Realty Commercial Real Estate Notes Ltd.
2021-FL2 E
5.768% (LIBOR 1 Month + 2.95%) due 5/15/2036(2)(3)		170,000		153,768
2021-FL3 D
5.018% (LIBOR 1 Month + 2.20%) due 8/15/2034(2)(3)		1,030,000		960,869
Ares XL CLO Ltd.
2016-40A A1RR
3.382% (LIBOR 3 Month + 0.87%) due 1/15/2029(2)(3)		379,593		372,039
Avant Loans Funding Trust
2022-REV1 A
6.54% due 9/15/2031(2)		1,310,000		1,310,195
Avid Automobile Receivables Trust
2019-1 B
2.82% due 7/15/2026(2)		57,099		57,042
2019-1 D
4.03% due 7/15/2026(2)		2,290,000		2,235,443
2021-1 E
3.39% due 4/17/2028(2)		830,000		761,885
Avis Budget Rental Car Funding AESOP LLC
2019-3A A
2.36% due 3/20/2026(2)		1,545,000		1,441,217
2020-2A A
2.02% due 2/20/2027(2)		1,750,000		1,561,379
Bain Capital Credit CLO
2019-2A AR
3.84% (LIBOR 3 Month + 1.10%) due 10/17/2032(2)(3)		880,000		851,059
Barings CLO Ltd.
2019-3A A1R
3.78% (LIBOR 3 Month + 1.07%) due 4/20/2031(2)(3)		1,000,000		970,100
2019-3A BR
4.31% (LIBOR 3 Month + 1.60%) due 4/20/2031(2)(3)		540,000		507,916
Carlyle Global Market Strategies CLO Ltd.
2015-5A BRR
5.01% (LIBOR 3 Month + 2.30%) due 1/20/2032(2)(3)		410,000		381,482
Carlyle U.S. CLO Ltd.
2021-1A A1
3.652% (LIBOR 3 Month + 1.14%) due 4/15/2034(2)(3)		1,400,000		1,341,649
CBAM Ltd.
2017-1A D
6.46% (LIBOR 3 Month + 3.75%) due 7/20/2030(2)(3)		530,000		460,358
CIFC Funding Ltd.
2021-1A A1
3.893% (LIBOR 3 Month + 1.11%) due 4/25/2033(2)(3)		1,330,000		1,292,827
2021-4A A
3.562% (LIBOR 3 Month + 1.05%) due 7/15/2033(2)(3)		1,000,000		967,458

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE PLUS FIXED INCOME VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Asset-Backed Securities — (continued)
Citibank Credit Card Issuance Trust
2017-A6 A6
3.553% (LIBOR 1 month + 0.77%) due 5/14/2029(3)	$	840,000	$	827,339
CPS Auto Receivables Trust
2020-C C
1.71% due 8/17/2026(2)		214,051		213,051
Drive Auto Receivables Trust
2020-2 C
2.28% due 8/17/2026		1,748,571		1,735,794
Dryden Senior Loan Fund
2017-47A BR
3.982% (LIBOR 3 Month + 1.47%) due 4/15/2028(2)(3)		1,010,000		975,470
Exeter Automobile Receivables Trust
2020-2A E 7.19% due 9/15/2027(2)		1,100,000		1,101,379
2022-2A B 3.65% due 10/15/2026		1,020,000		1,000,419
First Investors Auto Owner Trust
2021-1A E
3.35% due 4/15/2027(2)		600,000		568,217
Flagship Credit Auto Trust
2018-3 E 5.28% due 12/15/2025(2)		725,000		709,270
2021-1 A 0.31% due 6/16/2025(2)		142,207		141,070
2022-3 A3 4.55% due 4/15/2027(2)		950,000		936,913
GM Financial Automobile Leasing Trust
2022-2 A2
2.93% due 10/21/2024		1,510,000		1,494,700
Goldentree Loan Management U.S. CLO 3 Ltd.
2018-3A B1
4.26% (LIBOR 3 Month + 1.55%) due 4/20/2030(2)(3)		250,000		237,400
Hertz Vehicle Financing III LP
2021-2A A
1.68% due 12/27/2027(2)		1,165,000		996,672
HGI CRE CLO Ltd.
2021-FL1 C 4.639% (LIBOR 1 Month + 1.70%) due 6/16/2036(2)(3)		550,000		522,224
2021-FL1 D 5.289% (LIBOR 1 Month + 2.35%) due 6/16/2036(2)(3)		500,000		469,431
Lending Funding Trust
2020-2A A
2.32% due 4/21/2031(2)		936,000		816,234
Lendmark Funding Trust
2021-1A A
1.90% due 11/20/2031(2)		750,000		633,497
LoanCore Issuer Ltd.
2022-CRE7 A
3.834% (SOFR30A + 1.55%) due 1/17/2037(2)(3)		680,000		656,006
Logan CLO I Ltd.
2021-1A A
3.87% (LIBOR 3 Month + 1.16%) due 7/20/2034(2)(3)		530,000		509,091

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE PLUS FIXED INCOME VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Asset-Backed Securities — (continued)
Marble Point CLO XVII Ltd.
2020-1A A
4.01% (LIBOR 3 Month + 1.30%) due 4/20/2033(2)(3)	$	613,030	$	595,112
Marlette Funding Trust
2020-2A D
4.65% due 9/16/2030(2)		1,060,000		1,034,348
Master Credit Card Trust II
2018-1A A
3.504% (LIBOR 1 Month + 0.49%) due 7/21/2024(2)(3)		100,000		99,969
ME Funding LLC
2019-1 A2
6.448% due 7/30/2049(2)		1,091,145		1,070,770
Mountain View CLO LLC
2017-1A AR
3.83% (LIBOR 3 Month + 1.09%) due 10/16/2029(2)(3)		527,124		514,051
Nelnet Student Loan Trust
2021-DA B
2.90% due 4/20/2062(2)		570,000		461,593
Neuberger Berman Loan Advisers CLO 35 Ltd.
2019-35A A1
4.078% (LIBOR 3 Month + 1.34%) due 1/19/2033(2)(3)		1,000,000		975,422
NextGear Floorplan Master Owner Trust
2019-2A A1 3.518% (LIBOR 1 Month + 0.70%) due 10/15/2024(2)(3)		950,000		949,958
2020-1A A1 3.618% (LIBOR 1 Month + 0.80%) due 2/15/2025(2)(3)		2,450,000		2,447,452
Oaktree CLO Ltd.
2019-4A CR
4.96% (LIBOR 3 Month + 2.25%) due 10/20/2032(2)(3)		570,000		513,498
OCP CLO Ltd.
2019-16A AR
3.428% (LIBOR 3 Month + 1.00%) due 4/10/2033(2)(3)		790,000		764,274
Octagon Investment Partners XVII Ltd.
2013-1A A1R2
3.783% (LIBOR 3 Month + 1.00%) due 1/25/2031(2)(3)		365,000		356,605
Pennsylvania Higher Education Assistance Agency
2006-1 B
3.053% (LIBOR 3 Month + 0.27%) due 4/25/2038(3)		20,647		20,285
Race Point IX CLO Ltd.
2015-9A CR
5.712% (LIBOR 3 Month + 3.20%) due 10/15/2030(2)(3)		250,000		207,825
Rad CLO 7 Ltd.
2020-7A A1
3.94% (LIBOR 3 Month + 1.20%) due 4/17/2033(2)(3)		750,000		726,225
Santander Consumer Auto Receivables Trust
2020-BA D
2.14% due 12/15/2026(2)		1,475,000		1,408,765

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE PLUS FIXED INCOME VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Asset-Backed Securities — (continued)
Santander Drive Auto Receivables Trust
2020-2 D
2.22% due 9/15/2026	$	816,000	$	797,498
2021-1 C
0.75% due 2/17/2026		1,850,000		1,819,370
2022-5 C
4.74% due 10/16/2028		970,000		947,089
2022-6 C
4.96% due 11/15/2028		1,080,000		1,059,749
SCF Equipment Leasing LLC
2019-2A B
2.76% due 8/20/2026(2)		797,000		767,875
2021-1A C
1.54% due 10/21/2030(2)		1,000,000		868,018
2021-1A D
1.93% due 9/20/2030(2)		750,000		638,259
SEB Funding LLC
2021-1A A2
4.969% due 1/30/2052(2)		812,963		686,903
Signal Peak CLO 8 Ltd.
2020-8A A
3.98% (LIBOR 3 Month + 1.27%) due 4/20/2033(2)(3)		1,003,948		975,034
SLC Student Loan Trust
2008-1 A4A
4.893% (LIBOR 3 Month + 1.60%) due 12/15/2032(3)		91,893		91,864
Sunrun Demeter Issuer LLC
2021-2A A
2.27% due 1/30/2057(2)		482,303		372,550
TCW CLO Ltd.
2022-1A A1
2.087% (SOFR + 1.34%) due 4/22/2033(2)(3)		750,000		727,200
Towd Point Asset Trust
2018-SL1 A
3.684% (LIBOR 1 Month + 0.60%) due 1/25/2046(2)(3)		147,556		146,633
Westlake Automobile Receivables Trust
2020-3A E
3.34% due 6/15/2026(2)		750,000		711,163
Total Asset-Backed Securities (Cost $57,092,194)				54,199,659
Corporate Bonds & Notes — 40.0%
Aerospace & Defense — 0.1%
TransDigm, Inc.
6.375% due 6/15/2026		334,000		315,707
				315,707
Agriculture — 0.5%
Cargill, Inc.
4.00% due 6/22/2032(2)		715,000		653,095
MHP Lux SA
6.25% due 9/19/2029(2)(4)		475,000		235,690
Viterra Finance BV
4.90% due 4/21/2027(2)		398,000		368,226
				1,257,011
Airlines — 0.8%
American Airlines, Inc.
11.75% due 7/15/2025(2)		506,000		528,942

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE PLUS FIXED INCOME VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Airlines — (continued)
British Airways Pass-Through Trust
2020-1 A
4.25% due 11/15/2032(2)	$	573,771	$	514,960
Delta Air Lines, Inc.
7.00% due 5/1/2025(2)		717,000		721,818
Delta Air Lines, Inc. / SkyMiles IP Ltd.
4.75% due 10/20/2028(2)		300,000		279,534
				2,045,254
Apparel — 0.1%
Levi Strauss & Co.
3.50% due 3/1/2031(2)		331,000		259,861
				259,861
Auto Manufacturers — 0.2%
Ford Motor Co.
3.25% due 2/12/2032		848,000		610,780
				610,780
Biotechnology — 0.1%
Baxalta, Inc.
4.00% due 6/23/2025		248,000		240,483
				240,483
Chemicals — 0.2%
CVR Partners LP / CVR Nitrogen Finance Corp.
6.125% due 6/15/2028(2)		511,000		447,488
				447,488
Coal — 0.2%
SunCoke Energy, Inc.
4.875% due 6/30/2029(2)		494,000		380,839
				380,839
Commercial Banks — 10.7%
ABN AMRO Bank NV
3.324% (3.324% fixed rate until 12/13/2031; H15T5Y + 1.90% thereafter) due 3/13/2037(2)(3)		400,000		290,304
Bank of America Corp.
1.658% (1.658% fixed rate until 3/11/2026; SOFR + 0.91% thereafter) due 3/11/2027(3)		1,693,000		1,468,728
2.087% (2.087% fixed rate until 6/14/2028; SOFR + 1.06% thereafter) due 6/14/2029(3)		821,000		666,578
2.687% (2.687% fixed rate until 4/22/2031; SOFR + 1.32% thereafter) due 4/22/2032(3)		642,000		500,272
3.004% (3.004% fixed rate until 12/20/2022; LIBOR 3 Month + 0.79% thereafter) due 12/20/2023(3)		460,000		457,672
3.593% (3.593% fixed rate until 7/21/2027; LIBOR 3 Month + 1.37% thereafter) due 7/21/2028(3)		1,125,000		1,015,853

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE PLUS FIXED INCOME VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Commercial Banks — (continued)
BankUnited, Inc.
5.125% due 6/11/2030	$	613,000	$	565,676
BNP Paribas SA
4.375% (4.375% fixed rate until 3/1/2028; 5 Year USD Swap + 1.48% thereafter) due 3/1/2033(2)(3)		599,000		517,674
Citigroup, Inc.
3.887% (3.887% fixed rate until 1/10/2027; LIBOR 3 Month + 1.56% thereafter) due 1/10/2028(3)		712,000		655,823
3.98% (3.98% fixed rate until 3/20/2029; LIBOR 3 Month + 1.34% thereafter) due 3/20/2030(3)		2,518,000		2,235,405
4.14% (4.14% fixed rate until 5/24/2024; SOFR + 1.37% thereafter) due 5/24/2025(3)		287,000		280,580
Danske Bank A/S
3.773% (3.773% fixed rate until 3/28/2024; H15T1Y + 1.45% thereafter) due 3/28/2025(2)(3)		1,030,000		991,107
4.375% due 6/12/2028(2)		200,000		176,488
Goldman Sachs Group, Inc.
0.627% (0.627% fixed rate until 11/17/2022; SOFR + 0.54% thereafter) due 11/17/2023(3)		1,141,000		1,133,892
2.383% (2.383% fixed rate until 7/21/2031; SOFR + 1.25% thereafter) due 7/21/2032(3)		1,373,000		1,037,150
2.615% (2.615% fixed rate until 4/22/2031; SOFR + 1.28% thereafter) due 4/22/2032(3)		499,000		386,840
JPMorgan Chase & Co.
2.963% (2.963% fixed rate until 1/25/2032; SOFR + 1.26% thereafter) due 1/25/2033(3)		707,000		556,861
3.54% (3.54% fixed rate until 5/1/2027; LIBOR 3 Month + 1.38% thereafter) due 5/1/2028(3)		1,002,000		907,832
3.782% (3.782% fixed rate until 2/1/2027; LIBOR 3 Month + 1.34% thereafter) due 2/1/2028(3)		604,000		553,940
Macquarie Bank Ltd.
3.624% due 6/3/2030(2)		203,000		164,497
Macquarie Group Ltd.
2.691% (2.691% fixed rate until 6/23/2031; SOFR + 1.44% thereafter) due 6/23/2032(2)(3)		968,000		734,809
4.654% (4.654% fixed rate until 3/27/2028; LIBOR 3 Month + 1.73% thereafter) due 3/27/2029(2)(3)		963,000		892,325

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE PLUS FIXED INCOME VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Commercial Banks — (continued)
Morgan Stanley
2.239% (2.239% fixed rate until 7/21/2031; SOFR + 1.18% thereafter) due 7/21/2032(3)	$	718,000	$	539,900
2.484% (2.484% fixed rate until 9/16/2031; SOFR + 1.36% thereafter) due 9/16/2036(3)		542,000		388,381
4.431% (4.431% fixed rate until 1/23/2029; LIBOR 3 Month + 1.63% thereafter) due 1/23/2030(3)		1,893,000		1,741,901
Santander UK Group Holdings PLC
3.373% (3.373% fixed rate until 1/5/2023; LIBOR 3 Month + 1.08% thereafter) due 1/5/2024(3)		877,000		871,659
State Street Corp.
4.164% (4.164% fixed rate until 8/4/2032; SOFR + 1.73% thereafter) due 8/4/2033(3)		469,000		424,065
Toronto-Dominion Bank
4.456% due 6/8/2032		479,000		437,083
U.S. Bancorp
4.967% (4.967% fixed rate until 7/22/2032; SOFR + 2.11% thereafter) due 7/22/2033(3)		1,057,000		991,561
UBS AG
5.125% due 5/15/2024		872,000		848,901
Wells Fargo & Co.
2.393% (2.393% fixed rate until 6/2/2027; SOFR + 2.10% thereafter) due 6/2/2028(3)		2,093,000		1,794,538
3.35% (3.35% fixed rate until 3/2/2032; SOFR + 1.50% thereafter) due 3/2/2033(3)		674,000		547,794
3.584% (3.584% fixed rate until 5/22/2027; LIBOR 3 Month + 1.31% thereafter) due 5/22/2028(3)		976,000		882,812
Westpac Banking Corp.
2.894% (2.894% fixed rate until 2/4/2025; H15T5Y + 1.35% thereafter) due 2/4/2030(3)		484,000		445,672
4.322% (4.322% fixed rate until 11/23/2026; 5 Year USD ICE Swap + 2.24% thereafter) due 11/23/2031(3)		1,300,000		1,187,329
				27,291,902
Commercial Services — 0.7%
Gartner, Inc.
3.75% due 10/1/2030(2)		333,000		273,360
Global Payments, Inc.
4.00% due 6/1/2023		940,000		932,847
Service Corp. International
3.375% due 8/15/2030		324,000		254,019

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE PLUS FIXED INCOME VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Commercial Services — (continued)
United Rentals North America, Inc.
4.00% due 7/15/2030	$	313,000	$	258,469
				1,718,695
Computers — 0.3%
Dell International LLC / EMC Corp.
3.375% due 12/15/2041(2)		535,000		330,507
8.35% due 7/15/2046		386,000		417,968
				748,475
Cosmetics & Personal Care — 0.1%
GSK Consumer Healthcare Capital U.S. LLC
3.625% due 3/24/2032(2)		295,000		249,877
				249,877
Diversified Financial Services — 4.6%
AerCap Ireland Capital DAC / AerCap Global Aviation Trust
3.50% due 1/15/2025		872,000		821,616
Aircastle Ltd.
2.85% due 1/26/2028(2)		575,000		440,421
Ally Financial, Inc.
8.00% due 11/1/2031		732,000		773,826
American Express Co.
4.42% (4.42% fixed rate until 8/3/2032; SOFR + 1.76% thereafter) due 8/3/2033(3)		942,000		857,342
Aviation Capital Group LLC
1.95% due 1/30/2026(2)		408,000		342,593
5.50% due 12/15/2024(2)		982,000		950,380
Avolon Holdings Funding Ltd.
2.125% due 2/21/2026(2)		1,255,000		1,057,275
4.25% due 4/15/2026(2)		643,000		578,353
Coinbase Global, Inc.
3.375% due 10/1/2028(2)		359,000		224,795
CPPIB Capital, Inc.
3.321% (SOFR + 1.25%) due 4/4/2025(2)(3)		2,000,000		2,043,640
4.125% due 10/21/2024(2)		1,545,000		1,533,289
Intercontinental Exchange, Inc.
4.00% due 9/15/2027		1,579,000		1,497,287
Navient Corp.
5.00% due 3/15/2027		313,000		258,253
Neuberger Berman Group LLC / Neuberger Berman Finance Corp.
4.50% due 3/15/2027(2)		329,000		311,050
4.875% due 4/15/2045(2)		198,000		163,568
				11,853,688
Electric — 3.7%
AEP Transmission Co. LLC
4.50% due 6/15/2052		368,000		313,249
AES Corp.
3.95% due 7/15/2030(2)		578,000		494,947
Alfa Desarrollo SpA
4.55% due 9/27/2051(2)		493,196		323,073
Ausgrid Finance Pty. Ltd.
4.35% due 8/1/2028(2)		580,000		534,656
Calpine Corp.
5.125% due 3/15/2028(2)		302,000		261,151

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE PLUS FIXED INCOME VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Electric — (continued)
Constellation Energy Generation LLC
6.25% due 10/1/2039	$	485,000	$	472,783
Consumers Energy Co.
4.20% due 9/1/2052		286,000		237,726
Duke Energy Corp.
4.50% due 8/15/2032		500,000		452,230
FirstEnergy Corp.
2.65% due 3/1/2030		322,000		260,665
Series B 4.40% due 7/15/2027		1,041,000		964,622
Minejesa Capital BV
4.625% due 8/10/2030(2)		730,000		595,242
NextEra Energy Capital Holdings, Inc.
4.255% due 9/1/2024		385,000		379,383
5.00% due 7/15/2032		800,000		764,712
NRG Energy, Inc.
3.875% due 2/15/2032(2)		324,000		253,323
4.45% due 6/15/2029(2)		280,000		242,850
Pattern Energy Operations LP / Pattern Energy Operations, Inc.
4.50% due 8/15/2028(2)		284,000		247,003
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara
3.00% due 6/30/2030(2)		504,000		387,767
Southern Co.
4.475% due 8/1/2024		1,156,000		1,141,145
Vistra Operations Co. LLC
3.55% due 7/15/2024(2)		841,000		801,095
4.375% due 5/1/2029(2)		453,000		378,622
				9,506,244
Electronics — 0.1%
Atkore, Inc.
4.25% due 6/1/2031(2)		334,000		267,150
				267,150
Energy-Alternate Sources — 0.1%
TerraForm Power Operating LLC
5.00% due 1/31/2028(2)		430,000		378,886
				378,886
Entertainment — 0.5%
Jacobs Entertainment, Inc.
6.75% due 2/15/2029(2)		303,000		260,244
Live Nation Entertainment, Inc.
4.75% due 10/15/2027(2)		482,000		419,104
Mohegan Gaming & Entertainment
8.00% due 2/1/2026(2)		319,000		266,923
Warnermedia Holdings, Inc.
3.428% due 3/15/2024(2)		333,000		322,081
				1,268,352
Environmental Control — 0.1%
Madison IAQ LLC
4.125% due 6/30/2028(2)		303,000		245,188
				245,188
Food — 0.3%
Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons LP / Albertsons LLC
3.50% due 3/15/2029(2)		336,000		271,320

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE PLUS FIXED INCOME VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Food — (continued)
Performance Food Group, Inc.
4.25% due 8/1/2029(2)	$	328,000	$	273,086
Post Holdings, Inc.
4.625% due 4/15/2030(2)		329,000		270,188
				814,594
Gas — 0.7%
CenterPoint Energy Resources Corp.
4.40% due 7/1/2032		682,000		636,313
National Fuel Gas Co.
5.50% due 1/15/2026		554,000		547,557
ONE Gas, Inc.
1.10% due 3/11/2024		302,000		289,793
Southwest Gas Corp.
4.05% due 3/15/2032		413,000		348,159
				1,821,822
Healthcare-Products — 0.4%
Medline Borrower LP
3.875% due 4/1/2029(2)		330,000		265,003
PerkinElmer, Inc.
0.85% due 9/15/2024		750,000		695,423
				960,426
Healthcare-Services — 1.2%
Centene Corp.
2.45% due 7/15/2028		286,000		232,581
3.375% due 2/15/2030		638,000		521,590
4.25% due 12/15/2027		419,000		382,999
Charles River Laboratories International, Inc.
4.25% due 5/1/2028(2)		300,000		262,320
Elevance Health, Inc.
2.25% due 5/15/2030		212,000		170,851
2.875% due 9/15/2029		738,000		630,274
Molina Healthcare, Inc.
4.375% due 6/15/2028(2)		280,000		252,809
Tenet Healthcare Corp.
6.25% due 2/1/2027(2)		273,000		254,794
UnitedHealth Group, Inc.
4.00% due 5/15/2029		397,000		369,909
				3,078,127
Home Builders — 0.1%
Toll Brothers Finance Corp.
3.80% due 11/1/2029		331,000		268,789
				268,789
Insurance — 0.6%
Assurant, Inc.
2.65% due 1/15/2032		313,000		231,160
First American Financial Corp.
2.40% due 8/15/2031		474,000		338,967
GA Global Funding Trust
3.85% due 4/11/2025(2)		898,000		854,941
				1,425,068
Internet — 0.5%
Go Daddy Operating Co. LLC / GD Finance Co., Inc.
3.50% due 3/1/2029(2)		315,000		257,468

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE PLUS FIXED INCOME VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Internet — (continued)
Netflix, Inc.
6.375% due 5/15/2029	$	662,000	$	659,392
Prosus NV
3.257% due 1/19/2027(2)		340,000		287,253
				1,204,113
Leisure Time — 0.1%
Life Time, Inc.
5.75% due 1/15/2026(2)		286,000		261,378
				261,378
Lodging — 0.2%
Hilton Domestic Operating Co., Inc.
3.75% due 5/1/2029(2)		309,000		255,800
Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp.
5.25% due 5/15/2027(2)		315,000		277,587
				533,387
Machinery-Diversified — 0.4%
nVent Finance Sarl
4.55% due 4/15/2028		1,112,000		999,821
				999,821
Media — 1.3%
AMC Networks, Inc.
4.25% due 2/15/2029		321,000		241,299
CCO Holdings LLC / CCO Holdings Capital Corp.
4.50% due 5/1/2032		727,000		554,120
4.75% due 3/1/2030(2)		295,000		238,994
Charter Communications Operating LLC / Charter Communications Operating Capital
2.25% due 1/15/2029		1,130,000		884,462
6.484% due 10/23/2045		420,000		371,057
FactSet Research Systems, Inc.
3.45% due 3/1/2032		449,000		365,733
Time Warner Cable LLC
7.30% due 7/1/2038		288,000		273,522
Time Warner Entertainment Co. LP
8.375% due 7/15/2033		369,000		394,111
				3,323,298
Mining — 1.6%
Alcoa Nederland Holding BV
4.125% due 3/31/2029(2)		335,000		281,725
6.125% due 5/15/2028(2)		414,000		392,186
Anglo American Capital PLC
4.00% due 9/11/2027(2)		1,300,000		1,190,553
FMG Resources August 2006 Pty. Ltd.
4.375% due 4/1/2031(2)		330,000		255,618
Freeport Indonesia PT
5.315% due 4/14/2032(2)		243,000		200,448
Glencore Funding LLC
2.85% due 4/27/2031(2)		555,000		429,576
4.875% due 3/12/2029(2)		1,547,000		1,424,493
				4,174,599
Oil & Gas — 3.0%
California Resources Corp.
7.125% due 2/1/2026(2)		358,000		336,685
Callon Petroleum Co.
8.00% due 8/1/2028(2)		285,000		262,676

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE PLUS FIXED INCOME VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Oil & Gas — (continued)
Comstock Resources, Inc.
6.75% due 3/1/2029(2)	$	331,000	$	306,327
Continental Resources, Inc.
5.75% due 1/15/2031(2)		1,475,000		1,333,061
Diamondback Energy, Inc.
3.125% due 3/24/2031		891,000		722,770
3.50% due 12/1/2029		314,000		271,073
EQT Corp.
7.00% due 2/1/2030		1,080,000		1,114,679
Laredo Petroleum, Inc.
9.50% due 1/15/2025		288,000		286,119
MEG Energy Corp.
5.875% due 2/1/2029(2)		355,000		318,336
Occidental Petroleum Corp.
6.125% due 1/1/2031		112,000		110,308
6.625% due 9/1/2030		778,000		788,254
Ovintiv, Inc.
6.50% due 2/1/2038		498,000		483,757
Petroleos Mexicanos
6.70% due 2/16/2032		1,041,000		732,271
Range Resources Corp.
8.25% due 1/15/2029		229,000		232,250
SM Energy Co.
6.75% due 9/15/2026		201,000		193,462
Tengizchevroil Finance Co. International Ltd.
3.25% due 8/15/2030(2)		235,000		166,725
				7,658,753
Oil & Gas Services — 0.1%
Weatherford International Ltd.
8.625% due 4/30/2030(2)		334,000		291,345
				291,345
Pharmaceuticals — 1.1%
Bayer Corp.
6.65% due 2/15/2028(2)		343,000		343,412
Cigna Corp.
2.40% due 3/15/2030		706,000		576,336
CVS Health Corp.
3.25% due 8/15/2029		1,340,000		1,173,009
Option Care Health, Inc.
4.375% due 10/31/2029(2)		325,000		274,651
Organon & Co. / Organon Foreign Debt Co-Issuer BV
4.125% due 4/30/2028(2)		321,000		274,429
Owens & Minor, Inc.
6.625% due 4/1/2030(2)		300,000		263,976
				2,905,813
Pipelines — 1.5%
Cheniere Energy Partners LP
3.25% due 1/31/2032		344,000		264,237
CNX Midstream Partners LP
4.75% due 4/15/2030(2)		326,000		256,340
Eastern Gas Transmission & Storage, Inc.
3.00% due 11/15/2029		428,000		366,933
EIG Pearl Holdings Sarl
3.545% due 8/31/2036(2)		710,000		566,985
Galaxy Pipeline Assets Bidco Ltd.
3.25% due 9/30/2040(2)		717,000		525,109

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE PLUS FIXED INCOME VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Pipelines — (continued)
Kinder Morgan Energy Partners LP
4.25% due 9/1/2024	$	643,000	$	632,300
NGPL PipeCo LLC
3.25% due 7/15/2031(2)		830,000		650,986
Sabine Pass Liquefaction LLC
5.625% due 3/1/2025		235,000		234,601
Venture Global Calcasieu Pass LLC
4.125% due 8/15/2031(2)		317,000		262,701
				3,760,192
Real Estate Investment Trusts (REITs) — 1.5%
American Tower Corp.
2.40% due 3/15/2025		448,000		417,334
2.95% due 1/15/2025		235,000		222,822
Crown Castle, Inc.
3.30% due 7/1/2030		800,000		670,440
EPR Properties
3.75% due 8/15/2029		712,000		545,613
4.95% due 4/15/2028		695,000		597,366
Invitation Homes Operating Partnership LP
2.00% due 8/15/2031		906,000		650,880
2.30% due 11/15/2028		342,000		273,877
VICI Properties LP / VICI Note Co., Inc.
5.625% due 5/1/2024(2)		474,000		465,397
				3,843,729
Retail — 0.1%
Murphy Oil USA, Inc.
3.75% due 2/15/2031(2)		353,000		283,360
				283,360
Semiconductors — 0.7%
Advanced Micro Devices, Inc.
3.924% due 6/1/2032		560,000		508,385
4.393% due 6/1/2052		488,000		413,312
Broadcom, Inc.
4.15% due 4/15/2032(2)		603,000		507,352
Entegris, Inc.
3.625% due 5/1/2029(2)		307,000		245,953
				1,675,002
Software — 0.8%
MSCI, Inc.
3.625% due 11/1/2031(2)		333,000		267,715
Oracle Corp.
2.875% due 3/25/2031		2,310,000		1,819,703
				2,087,418
Telecommunications — 0.6%
Frontier Communications Holdings LLC
5.00% due 5/1/2028(2)		312,000		267,624
Sprint Capital Corp.
6.875% due 11/15/2028		689,000		708,134
8.75% due 3/15/2032		212,000		245,721
T-Mobile USA, Inc.
2.625% due 2/15/2029		319,000		263,334
				1,484,813

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE PLUS FIXED INCOME VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Transportation — 0.1%
Seaspan Corp.
5.50% due 8/1/2029(2)	$	343,000	$	264,868
				264,868
Total Corporate Bonds & Notes (Cost $117,782,701)				102,206,595
Municipals — 0.4%
Foothill-Eastern Transportation Corridor Agency
4.094% due 1/15/2049		361,000		266,424
New Jersey Transportation Trust Fund Authority
4.131% due 6/15/2042		605,000		485,877
New York City Transitional Finance Authority
B-3
1.95% due 8/1/2034		330,000		233,851
Regents of the University of California Medical Center Pooled Revenue
3.006% due 5/15/2050		205,000		135,874
Total Municipals (Cost $1,562,072)				1,122,026
Non-Agency Mortgage-Backed Securities — 11.4%
Angel Oak Mortgage Trust
2020-1 A1
2.466% due 12/25/2059(2)(3)(5)		41,228		40,137
Atrium Hotel Portfolio Trust
2018-ATRM A
3.768% due 6/15/2035(2)(3)(5)		540,000		527,100
BAMLL Commercial Mortgage Securities Trust
2013-WBRK A
3.652% due 3/10/2037(2)(3)(5)		3,900,000		3,595,574
BBCMS Mortgage Trust
2019-BWAY A
3.774% due 11/15/2034(2)(3)(5)		365,000		351,325
2019-BWAY B
4.128% due 11/15/2034(2)(3)(5)		160,000		152,907
BFLD Trust
2019-DPLO E
5.058% due 10/15/2034(2)(3)(5)		1,000,000		942,906
BHMS
2018-ATLS A
4.068% due 7/15/2035(2)(3)(5)		560,000		544,372
2018-ATLS C
4.718% due 7/15/2035(2)(3)(5)		320,000		305,778
2018-ATLS D
5.068% due 7/15/2035(2)(3)(5)		1,110,000		1,058,761
BRAVO Residential Funding Trust
2021-NQM2 A1
0.97% due 3/25/2060(2)(3)(5)		972,265		908,651
BX Trust
2018-GW A
3.618% due 5/15/2035(2)(3)(5)		987,000		962,043
2022-LBA6 C
4.445% due 1/15/2039(2)(3)(5)		1,090,000		1,020,225
Commercial Mortgage Trust
2015-PC1 C
4.435% due 7/10/2050(3)(5)		375,000		338,979

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE PLUS FIXED INCOME VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Non-Agency Mortgage-Backed Securities — (continued)
Connecticut Avenue Securities Trust
2021-R01 1M2
3.831% due 10/25/2041(2)(3)(5)	$	430,000	$	406,906
Credit Suisse Mortgage Capital Certificates
2020-SPT1 A1
1.616% due 4/25/2065(2)(3)(5)		75,439		73,403
DBWF Mortgage Trust
2018-GLKS A
4.023% due 12/19/2030(2)(3)(5)		630,000		612,950
Deephaven Residential Mortgage Trust
2021-3 A1
1.194% due 8/25/2066(2)(3)(5)		649,320		556,574
Extended Stay America Trust
2021-ESH C
4.518% due 7/15/2038(2)(3)(5)		646,024		618,059
Fannie Mae Connecticut Avenue Securities
2021-R02 2M2
4.281% due 11/25/2041(2)(3)(5)		420,000		377,466
Freddie Mac STACR REMIC Trust
2021-DNA3 M2
4.381% due 10/25/2033(2)(3)(5)		655,000		626,361
2021-DNA6 M2
3.781% due 10/25/2041(2)(3)(5)		739,000		700,773
2021-DNA7 M2
4.081% due 11/25/2041(2)(3)(5)		540,000		483,975
2021-HQA4 M1
3.231% due 12/25/2041(2)(3)(5)		640,646		611,634
Freddie Mac Structured Agency Credit Risk Debt Note
2022-HQA2 M1A
4.931% due 7/25/2042(2)(3)(5)		812,692		808,601
Great Wolf Trust
2019-WOLF A
3.852% due 12/15/2036(2)(3)(5)		1,028,000		1,001,167
GS Mortgage Securities Corp. II
2012-BWTR A
2.954% due 11/5/2034(2)		1,273,000		1,270,282
GS Mortgage Securities Corp. Trust
2018-RIVR A
3.768% due 7/15/2035(2)(3)(5)		437,247		416,103
2021-ROSS G
7.468% due 5/15/2026(2)(3)(5)		660,000		607,532
2022-ECI A
5.04% due 8/15/2039(2)(3)(5)		860,000		859,993
HONO Mortgage Trust
2021-LULU B
4.268% due 10/15/2036(2)(3)(5)		250,000		234,478
2021-LULU C
4.668% due 10/15/2036(2)(3)(5)		150,000		141,290
JP Morgan Chase Commercial Mortgage Securities Trust
2018-MINN A
4.088% due 11/15/2035(2)(3)(5)		339,000		333,281
2018-WPT AFL
3.833% due 7/5/2033(2)(3)(5)		234,229		233,324
2018-WPT BFL
4.133% due 7/5/2033(2)(3)(5)		724,000		718,550
2018-WPT BFX
4.549% due 7/5/2033(2)		218,000		213,730
2018-WPT CFX
4.95% due 7/5/2033(2)		290,000		281,081

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE PLUS FIXED INCOME VIP FUND

September 30, 2022 (unaudited)		Principal Amount		Value
Non-Agency Mortgage-Backed Securities — (continued)
2020-MKST E
5.068% due 12/15/2036(2)(3)(5)		$	570,000	$	493,130
JPMBB Commercial Mortgage Securities Trust
2015-C30 C
4.373% due 7/15/2048(3)(5)			340,000		298,790
KIND Trust
2021-KIND D
5.118% due 8/15/2038(2)(3)(5)			585,766		544,266
Ready Capital Mortgage Financing LLC
2021-FL6 C 4.984% due 7/25/2036(2)(3)(5)			1,280,000		1,210,819
2022-FL8 A 3.955% due 1/25/2037(2)(3)(5)			1,060,000		1,041,074
Starwood Mortgage Residential Trust
2020-3 A1
1.486% due 4/25/2065(2)(3)(5)			221,298		201,316
Verus Securitization Trust
2020-1 A1 2.417% due 1/25/2060(2)(3)(5)			72,617		69,143
2020-5 A1 1.218% due 5/25/2065(2)(3)(5)			312,238		286,637
Vista Point Securitization Trust
2020-2 A1
1.475% due 4/25/2065(2)(3)(5)			157,414		145,911
Wells Fargo Commercial Mortgage Trust
2016-C35 C
4.176% due 7/15/2048(3)(5)			131,000		111,864
WFLD Mortgage Trust
2014-MONT A
3.88% due 8/10/2031(2)(3)(5)			2,000,000		1,904,334
Total Non-Agency Mortgage-Backed Securities (Cost $30,816,256)					29,243,555
Foreign Government — 1.9%
Angolan Government International Bond
8.75% due 4/14/2032(2)	USD		300,000		222,342
Egypt Government International Bond
5.80% due 9/30/2027(2)	USD		265,000		184,997
Japan Bank for International Cooperation
3.875% due 9/16/2025	USD		938,000		917,326
Japan International Cooperation Agency
3.25% due 5/25/2027	USD		718,000		676,772
Kommunalbanken AS
3.897% due 6/17/2026(2)(3)	USD		1,170,000		1,197,004
Nigeria Government International Bond
7.143% due 2/23/2030(2)	USD		375,000		243,360
Province of Ontario Canada
3.10% due 5/19/2027	USD		1,404,000		1,323,705
Sri Lanka Government International Bond
5.875% due 7/25/2022(2)	USD		200,000		59,626
Total Foreign Government (Cost $5,353,834)					4,825,132
Supranational Bonds — 0.8%
Asian Development Bank
3.097% (SOFR + 1.00%) due 4/6/2027(3)			1,150,000		1,183,293

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE PLUS FIXED INCOME VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Supranational Bonds — (continued)
Inter American Investment Corp.
2.625% due 4/22/2025	$	838,000	$	800,801
Total Supranational Bonds (Cost $2,023,288)				1,984,094
U.S. Government Agencies — 2.0%
Federal Home Loan Bank
2.98% due 1/3/2023		5,180,000		5,179,327
Total U.S. Government Agencies (Cost $5,180,000)				5,179,327
U.S. Government Securities — 7.1%
U.S. Treasury Bond
2.375% due 2/15/2042		924,000		708,015
2.875% due 5/15/2052		11,898,000		9,973,870
U.S. Treasury Inflation-Protected Indexed Bond
0.125% due 2/15/2052		2,525,608		1,599,960
U.S. Treasury Note
2.75% due 8/15/2032		1,189,000		1,087,749
3.00% due 6/30/2024		3,701,000		3,620,041
4.125% due 9/30/2027		1,178,000		1,182,049
Total U.S. Government Securities (Cost $19,828,972)				18,171,684
Short-Term Investments — 7.3%
U.S. Treasury Bills — 2.2%
U.S. Treasury Bill
3.772% due 3/16/2023(6)		5,624,000		5,529,517
Total U.S. Treasury Bills (Cost $5,527,763)				5,529,517
Repurchase Agreements — 5.1%
Fixed Income Clearing Corp., 0.83%, dated 9/30/2022, proceeds at maturity value of $13,165,409, due 10/3/2022(7)		13,164,498		13,164,498
Total Repurchase Agreements (Cost $13,164,498)				13,164,498
Total Investments — 120.8% (Cost $334,685,395)				309,155,280
Liabilities in excess of other assets(8) — (20.8)%				(53,325,810	)
Total Net Assets — 100.0%			$	255,829,470

(1) TBA - To be announced.

(2) Securities that may be resold in transactions exempt from registration under Rule 144A of the Securities Act of 1933, as amended, normally to certain qualified buyers. At September 30, 2022, the aggregate market value of these securities amounted to $114,711,731, representing 44.8% of net assets. These securities have been deemed liquid by the investment adviser pursuant to the Fund’s liquidity procedures approved by the Board of Trustees.

(3) Variable rate securities, which may include step-up bonds or adjustable rate mortgages. The rate shown is the rate in effect at September 30, 2022.

(4) The table below presents securities deemed illiquid by the investment adviser.

Security	Principal Amount		Cost		Value		Acquisition Date		% of Fund’s Net Assets
MHP Lux SA	$	475,000	$	434,169	$	235,690		9/12/2019 – 3/31/2020		0.09	%

(5) Variable coupon rate based on weighted average interest rate of underlying mortgages.

(6) Interest rate shown reflects the discount rate at time of purchase.

(7) The table below presents collateral for repurchase agreements.

Security	Coupon			Maturity Date		Principal Amount		Value
U.S. Treasury Note		0.75	%		12/31/2023	$	14,021,600	$	13,427,869

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE PLUS FIXED INCOME VIP FUND

(8) Liabilities in excess of other assets include net unrealized depreciation on futures contracts as follows:

Open futures contracts at September 30, 2022:

Type	Expiration		Contracts		Position		Notional Amount		Notional Value		Unrealized Depreciation
U.S. 2-Year Treasury Note		December 2022		44		Long	$	9,152,085	$	9,037,188	$	(114,897	)
U.S. Long Bond		December 2022		154		Long		21,184,925		19,466,563		(1,718,362	)
U.S. Ultra Long Bond		December 2022		31		Long		4,644,098		4,247,000		(397,098	)
Total							$	34,981,108	$	32,750,751	$	(2,230,357	)

Type	Expiration		Contracts		Position		Notional Amount			Notional Value			Unrealized Appreciation (Depreciation)
U.S. 5-Year Treasury Note		December 2022		36		Short	$	(3,852,774	)	$	(3,870,281	)	$	(17,507	)
U.S. Ultra 10-Year Treasury Note		December 2022		91		Short		(11,257,797	)		(10,782,078	)		475,719
Total							$	(15,110,571	)	$	(14,652,359	)	$	458,212

Legend:

CLO – Collateralized Loan Obligation

H15T1Y – 1-year Constant Maturity Treasury Rate

H15T5Y – 5-year Constant Maturity Treasury Rate

ICE – Intercontinental Exchange

LIBOR – London Interbank Offered Rate

SOFR – Secured Overnight Financing Rate

SOFR30A – Secured Overnight Financing Rate 30-Day Average

USD – United States Dollar

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE PLUS FIXED INCOME VIP FUND

The following is a summary of the inputs used as of September 30, 2022 in valuing the Fund’s investments. For more information on valuation inputs, please refer to the Fair Value Measurements section of the accompanying Notes to Schedule of Investments

	— Valuation Inputs —
Investments in Securities (unaudited)	Level 1			Level 2		Level 3		Total
Agency Mortgage-Backed Securities	$	—		$	73,529,193	$	—	$	73,529,193
Asset-Backed Securities		—			54,199,659		—		54,199,659
Corporate Bonds & Notes		—			102,206,595		—		102,206,595
Municipals		—			1,122,026		—		1,122,026
Non-Agency Mortgage-Backed Securities		—			29,243,555		—		29,243,555
Foreign Government		—			4,825,132		—		4,825,132
Supranational Bonds		—			1,984,094		—		1,984,094
U.S. Government Agencies		—			5,179,327		—		5,179,327
U.S. Government Securities		—			18,171,684		—		18,171,684
U.S. Treasury Bills		—			5,529,517		—		5,529,517
Repurchase Agreements		—			13,164,498		—		13,164,498
Total	$	—		$	309,155,280	$	—	$	309,155,280
Other Financial Instruments
Futures Contracts
Assets	$	475,719		$	—	$	—	$	475,719
Liabilities		(2,247,864	)		—		—		(2,247,864	)
Total	$	(1,772,145	)	$	—	$	—	$	(1,772,145	)

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN SMALL CAP CORE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — 98.7%
Auto Components — 1.0%
Visteon Corp.(1)		23,540	$	2,496,652
				2,496,652
Banks — 9.7%
Bank OZK		103,993		4,113,963
Cadence Bank		144,769		3,678,580
National Bank Holdings Corp., Class A		58,800		2,175,012
Veritex Holdings, Inc.		94,525		2,513,420
Washington Federal, Inc.		119,504		3,582,730
WesBanco, Inc.		107,626		3,591,480
Wintrust Financial Corp.		43,806		3,572,379
				23,227,564
Biotechnology — 0.5%
Ultragenyx Pharmaceutical, Inc.(1)		26,722		1,106,558
				1,106,558
Capital Markets — 0.7%
CONX Corp.(1)		168,430		1,680,931
				1,680,931
Chemicals — 2.4%
Avient Corp.		56,828		1,721,889
Olin Corp.		90,723		3,890,202
				5,612,091
Communications Equipment — 1.3%
Extreme Networks, Inc.(1)		237,300		3,101,511
				3,101,511
Construction & Engineering — 1.1%
Primoris Services Corp.		157,472		2,558,920
				2,558,920
Consumer Finance — 3.1%
Encore Capital Group, Inc.(1)		49,466		2,249,714
OneMain Holdings, Inc.		75,300		2,222,856
Oportun Financial Corp.(1)		176,597		771,729
PROG Holdings, Inc.(1)		136,051		2,038,044
				7,282,343
Diversified Consumer Services — 1.1%
Stride, Inc.(1)		61,698		2,593,167
				2,593,167
Diversified Telecommunication Services — 0.9%
Anterix, Inc.(1)		56,939		2,033,861
				2,033,861
Electric Utilities — 1.1%
Portland General Electric Co.		63,104		2,742,500
				2,742,500
Electrical Equipment — 1.0%
EnerSys		41,835		2,433,542
				2,433,542
Electronic Equipment, Instruments & Components — 2.6%
Advanced Energy Industries, Inc.		29,292		2,267,494
Itron, Inc.(1)		58,942		2,482,047
nLight, Inc.(1)		154,122		1,456,453
				6,205,994

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN SMALL CAP CORE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Energy Equipment & Services — 1.1%
Helmerich & Payne, Inc.		73,494	$	2,717,073
				2,717,073
Entertainment — 0.5%
PLAYSTUDIOS, Inc.(1)		10,681		37,277
PLAYSTUDIOS, Inc.(1)(2)		325,000		1,134,250
				1,171,527
Equity Real Estate Investment Trusts (REITs) — 5.7%
Corporate Office Properties Trust		129,634		3,011,398
Kite Realty Group Trust		206,448		3,555,035
LXP Industrial Trust		238,378		2,183,542
Physicians Realty Trust		158,224		2,379,689
RLJ Lodging Trust		233,183		2,359,812
				13,489,476
Food Products — 2.0%
Sovos Brands, Inc.(1)		143,793		2,047,612
Utz Brands, Inc.		179,504		2,710,511
				4,758,123
Health Care Equipment & Supplies — 3.1%
Lantheus Holdings, Inc.(1)		52,244		3,674,320
Novocure Ltd.(1)		15,767		1,197,977
Omnicell, Inc.(1)		30,359		2,642,144
				7,514,441
Health Care Providers & Services — 5.1%
Acadia Healthcare Co., Inc.(1)		31,905		2,494,333
CareMax, Inc.(1)		81,958		581,082
CareMax, Inc.(1)(2)		213,620		1,514,566
HealthEquity, Inc.(1)		64,982		4,364,841
R1 RCM, Inc.(1)		172,447		3,195,443
				12,150,265
Hotels, Restaurants & Leisure — 2.4%
Bloomin’ Brands, Inc.		173,000		3,171,090
Everi Holdings, Inc.(1)		158,095		2,564,301
				5,735,391
Household Durables — 2.2%
Century Communities, Inc.		122,638		5,246,454
				5,246,454
Independent Power and Renewable Electricity Producers — 1.2%
Sunnova Energy International, Inc.(1)		132,809		2,932,423
				2,932,423
Insurance — 2.1%
Assured Guaranty Ltd.		47,505		2,301,617
BRP Group, Inc., Class A(1)		98,585		2,597,715
				4,899,332
IT Services — 2.1%
Euronet Worldwide, Inc.(1)		39,000		2,954,640
Thoughtworks Holding, Inc.(1)		207,721		2,178,993
				5,133,633
Leisure Products — 1.2%
Vista Outdoor, Inc.(1)		114,483		2,784,227
				2,784,227

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN SMALL CAP CORE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Life Sciences Tools & Services — 1.6%
Maravai LifeSciences Holdings, Inc., Class A(1)		53,400	$	1,363,302
Syneos Health, Inc.(1)		52,322		2,466,982
				3,830,284
Machinery — 3.7%
Altra Industrial Motion Corp.		107,127		3,601,610
Hillman Solutions Corp.(1)		440,275		3,319,673
Terex Corp.		60,600		1,802,244
				8,723,527
Media — 2.4%
Gray Television, Inc.		234,416		3,356,837
Integral Ad Science Holding Corp.(1)		328,757		2,380,201
				5,737,038
Metals & Mining — 2.8%
Commercial Metals Co.		94,166		3,341,010
Constellium SE(1)		154,344		1,565,048
MP Materials Corp.(1)		66,276		1,809,335
				6,715,393
Mortgage Real Estate Investment Trusts (REITs) — 0.7%
Redwood Trust, Inc.		285,758		1,640,251
				1,640,251
Multi-Utilities — 1.5%
Black Hills Corp.		53,959		3,654,643
				3,654,643
Oil, Gas & Consumable Fuels — 4.7%
CNX Resources Corp.(1)		165,814		2,575,091
HF Sinclair Corp.		44,948		2,420,000
Magnolia Oil & Gas Corp., Class A		173,345		3,433,965
Matador Resources Co.		57,700		2,822,684
				11,251,740
Pharmaceuticals — 1.1%
Cara Therapeutics, Inc.(1)		75,200		703,872
Intra-Cellular Therapies, Inc.(1)		41,871		1,948,258
				2,652,130
Professional Services — 3.3%
ICF International, Inc.		28,194		3,073,710
Korn Ferry		48,561		2,279,939
Sterling Check Corp.(1)		149,723		2,641,113
				7,994,762
Road & Rail — 1.2%
Marten Transport Ltd.		150,289		2,879,537
				2,879,537
Semiconductors & Semiconductor Equipment — 2.9%
Photronics, Inc.(1)		136,000		1,988,320
Semtech Corp.(1)		43,177		1,269,836
SMART Global Holdings, Inc.(1)		229,375		3,640,181
				6,898,337
Software — 4.3%
CommVault Systems, Inc.(1)		72,325		3,836,118
NCR Corp.(1)		149,882		2,849,257
Rapid7, Inc.(1)		45,034		1,931,958
WalkMe Ltd.(1)		187,790		1,596,215
				10,213,548

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN SMALL CAP CORE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Specialty Retail — 5.1%
Group 1 Automotive, Inc.		21,229	$	3,032,987
Murphy USA, Inc.		17,479		4,805,152
Petco Health & Wellness Co., Inc.(1)		171,356		1,912,333
Urban Outfitters, Inc.(1)		119,682		2,351,751
				12,102,223
Thrifts & Mortgage Finance — 3.0%
NMI Holdings, Inc., Class A(1)		191,194		3,894,622
WSFS Financial Corp.		70,086		3,256,195
				7,150,817
Trading Companies & Distributors — 5.2%
Custom Truck One Source, Inc.(1)		103,158		601,411
Custom Truck One Source, Inc.(1)(2)		342,859		1,998,868
GATX Corp.		30,501		2,597,160
Rush Enterprises, Inc., Class A		68,360		2,998,270
Textainer Group Holdings Ltd.		153,340		4,118,712
				12,314,421
Total Common Stocks (Cost $250,491,791)				235,366,650
Warrants — 0.0%
East Resources Acquisition Co.(1)		76,065		11,402
Total Warrants (Cost $16,495)				11,402
	Principal Amount		Value
Short-Term Investments — 0.9%
Repurchase Agreements — 0.9%
Fixed Income Clearing Corp., 0.83%, dated 9/30/2022, proceeds at maturity value of $2,207,470, due 10/3/2022(3)	$	2,207,318		2,207,318
Total Repurchase Agreements (Cost $2,207,318)				2,207,318
Total Investments — 99.6% (Cost $252,715,604)				237,585,370
Assets in excess of other liabilities — 0.4%				1,001,049
Total Net Assets — 100.0%			$	238,586,419

(1) Non–income–producing security.

(2) Security is restricted. Acquired through a private placement transaction exempt from registration under the Securities Act of 1933. May be subject to legal or contractual restrictions on resale. At September 30, 2022, the aggregate market value of these securities amounted to $4,647,684, representing 1.9% of net assets.

(3) The table below presents collateral for repurchase agreements.

Security	Coupon			Maturity Date		Principal Amount		Value
U.S. Treasury Note		0.75	%		12/31/2023	$	2,351,100	$	2,251,545

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN SMALL CAP CORE VIP FUND

The following is a summary of the inputs used as of September 30, 2022 in valuing the Fund’s investments. For more information on valuation inputs, please refer to the Fair Value Measurements section of the accompanying Notes to Schedule of Investments.

	— Valuation Inputs —
Investments in Securities (unaudited)	Level 1		Level 2		Level 3		Total
Common Stocks	$	235,366,650	$	—	$	—	$	235,366,650
Warrants		—		11,402		—		11,402
Repurchase Agreements		—		2,207,318		—		2,207,318
Total	$	235,366,650	$	2,218,720	$	—	$	237,585,370

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN GLOBAL UTILITIES VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — 99.0%
Bermuda — 3.2%
CK Infrastructure Holdings Ltd.		374,000	$	1,908,192
				1,908,192
Brazil — 2.0%
Cia de Saneamento Basico do Estado de Sao Paulo		131,000		1,204,520
				1,204,520
China — 6.5%
China Longyuan Power Group Corp. Ltd., Class H		2,342,800		2,929,698
ENN Energy Holdings Ltd.		73,700		980,682
				3,910,380
France — 8.3%
Electricite de France SA		221,174		2,575,192
Engie SA		210,854		2,419,306
				4,994,498
Germany — 3.2%
RWE AG		51,408		1,891,545
				1,891,545
Italy — 2.6%
Enel SpA		383,830		1,572,944
				1,572,944
Japan — 2.8%
Kansai Electric Power Co., Inc.		121,900		1,015,859
Tokyo Gas Co. Ltd.		39,400		665,423
				1,681,282
Spain — 4.5%
Iberdrola SA		288,059		2,677,905
				2,677,905
United Kingdom — 3.3%
National Grid PLC		194,410		2,006,280
				2,006,280
United States — 62.6%
AES Corp.		147,388		3,330,969
American Electric Power Co., Inc.		32,543		2,813,342
Atmos Energy Corp.		24,905		2,536,574
CenterPoint Energy, Inc.		101,701		2,865,934
Constellation Energy Corp.		22,682		1,886,916
Dominion Energy, Inc.		5,772		398,903
Duke Energy Corp.		47,149		4,385,800
Edison International		44,261		2,504,287
Exelon Corp.		64,937		2,432,540
FirstEnergy Corp.		69,615		2,575,755
NextEra Energy, Inc.		46,263		3,627,482
NRG Energy, Inc.		63,178		2,417,822
Sempra Energy		19,627		2,942,873
Southern Co.		42,544		2,892,992
				37,612,189
Total Common Stocks (Cost $56,467,057)				59,459,735

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN GLOBAL UTILITIES VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Short-Term Investments — 0.9%
Repurchase Agreements — 0.9%
Fixed Income Clearing Corp., 0.83%, dated 9/30/2022, proceeds at maturity value of $524,992, due 10/3/2022(1)	$	524,956	$	524,956
Total Repurchase Agreements (Cost $524,956)				524,956
Total Investments — 99.9% (Cost $56,992,013)				59,984,691
Assets in excess of other liabilities — 0.1%				80,517
Total Net Assets — 100.0%			$	60,065,208

(1) The table below presents collateral for repurchase agreements.

Security	Coupon			Maturity Date		Principal Amount		Value
U.S. Treasury Note		0.75	%		12/31/2023	$	559,200	$	535,521

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN GLOBAL UTILITIES VIP FUND

The following is a summary of the inputs used as of September 30, 2022 in valuing the Fund’s investments. For more information on valuation inputs, please refer to the Fair Value Measurements section of the accompanying Notes to Schedule of Investments.

	— Valuation Inputs —
Investments in Securities (unaudited)	Level 1		Level 2			Level 3		Total
Common Stocks
Bermuda	$	—	$	1,908,192	*	$	—	$	1,908,192
Brazil		1,204,520		—			—		1,204,520
China		—		3,910,380	*		—		3,910,380
France		—		4,994,498	*		—		4,994,498
Germany		—		1,891,545	*		—		1,891,545
Italy		—		1,572,944	*		—		1,572,944
Japan		—		1,681,282	*		—		1,681,282
Spain		—		2,677,905	*		—		2,677,905
United Kingdom		—		2,006,280	*		—		2,006,280
United States		37,612,189		—			—		37,612,189
Repurchase Agreements		—		524,956			—		524,956
Total	$	38,816,709	$	21,167,982		$	—	$	59,984,691

^*  Consists of certain foreign securities whose values were determined by a pricing service using pricing models (See Notes to Schedule of Investments). These investments in securities were classified as Level 2 rather than Level 1.

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN MULTI-SECTOR BOND VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Agency Mortgage-Backed Securities — 12.1%
Federal Home Loan Mortgage Corp.
3.50% due 6/1/2052	$	3,129,974	$	2,816,462
4.00% due 10/1/2037		500,000		482,795
4.00% due 6/1/2052		4,396,891		4,077,998
Federal National Mortgage Association
3.00% due 5/1/2052		4,415,558		3,840,156
3.00% due 5/1/2052		2,253,226		1,959,602
3.50% due 5/1/2052		4,322,493		3,890,223
3.50% due 6/1/2052		5,101,752		4,590,561
4.00% due 6/1/2052		4,578,444		4,246,335
Freddie Mac Multifamily Structured Pass-Through Certificates
K073 A2
3.35% due 1/25/2028		1,175,000		1,107,467
K103 A2
2.651% due 11/25/2029		1,390,000		1,235,411
Uniform Mortgage-Backed Security
4.50% due 10/13/2052(1)		500,000		475,773
Total Agency Mortgage-Backed Securities (Cost $30,977,700)				28,722,783
Asset-Backed Securities — 15.6%
AIMCO CLO
2017-AA DR
5.86% (LIBOR 3 Month + 3.15%) due 4/20/2034(2)(3)		1,800,000		1,577,198
American Express Credit Account Master Trust
2017-7 B
2.54% due 5/15/2025		2,080,000		2,078,177
American Tower Trust I
13 2A
3.07% due 3/15/2048(2)		1,300,000		1,290,978
AmeriCredit Automobile Receivables Trust
2019-3 B
2.13% due 7/18/2025		603,979		602,706
Ares XXXIV CLO Ltd.
2015-2A BR2
4.34% (LIBOR 3 Month + 1.60%) due 4/17/2033(2)(3)		300,000		282,390
BlueMountain CLO Ltd.
2014-2A BR2
4.46% (LIBOR 3 Month + 1.75%) due 10/20/2030(2)(3)		600,000		564,891
Capital One Prime Auto Receivables Trust
2022-2 A2A
3.74% due 9/15/2025		1,500,000		1,490,984
CarMax Auto Owner Trust
2020-4 B
0.85% due 6/15/2026		1,250,000		1,149,600
CIFC Funding Ltd.
2013-4A BRR
4.369% (LIBOR 3 Month + 1.60%) due 4/27/2031(2)(3)		1,200,000		1,140,480
DB Master Finance LLC
2021-1A A2II
2.493% due 11/20/2051(2)		942,875		767,727
Dell Equipment Finance Trust
2020-2 A3
0.57% due 10/23/2023(2)		834,021		823,480

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN MULTI-SECTOR BOND VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Asset-Backed Securities — (continued)
Elmwood CLO IX Ltd.
2021-2A C
4.61% (LIBOR 3 Month + 1.90%) due 7/20/2034(2)(3)	$	1,000,000	$	902,696
Ford Credit Auto Owner Trust
2020-1 A
2.04% due 8/15/2031(2)		1,600,000		1,488,585
Ford Credit Floorplan Master Owner Trust
2020-2 A
1.06% due 9/15/2027		1,320,000		1,182,323
GLS Auto Receivables Issuer Trust
2019-4A B
2.78% due 9/16/2024(2)		407,878		407,543
GM Financial Consumer Automobile Receivables Trust
2020-A A3
0.38% due 8/18/2025		1,043,799		1,018,621
Golden Credit Card Trust
2018-4A A
3.44% due 8/15/2025(2)		1,410,000		1,399,455
Greywolf CLO II Ltd.
2013-1A C2RR
6.712% (LIBOR 3 Month + 4.20%) due 4/15/2034(2)(3)		2,400,000		2,113,819
Hyundai Auto Lease Securitization Trust
2020-B A4
0.58% due 6/17/2024(2)		1,950,000		1,927,114
Hyundai Auto Receivables Trust
2021-A A3
0.38% due 9/15/2025		2,007,000		1,939,575
ICG U.S. CLO Ltd.
2018-2A B
4.509% (LIBOR 3 Month + 1.75%) due 7/22/2031(2)(3)		1,000,000		943,804
Master Credit Card Trust
2021-1A A
0.53% due 11/21/2025(2)		1,410,000		1,310,386
Neuberger Berman CLO XVII Ltd.
2014-17A BR2
4.259% (LIBOR 3 Month + 1.50%) due 4/22/2029(2)(3)		1,400,000		1,330,700
Nissan Auto Receivables Owner Trust
2019-C A4
1.95% due 5/15/2026		1,000,000		978,553
Octagon Investment Partners 50 Ltd.
2020-4A DR
5.662% (LIBOR 3 Month + 3.15%) due 1/15/2035(2)(3)		400,000		346,953
OHA Credit Funding 2 Ltd.
2019-2A CR
4.932% (LIBOR 3 Month + 2.20%) due 4/21/2034(2)(3)		1,800,000		1,654,560
Oscar U.S. Funding XIV LLC
2022-1A A2
1.60% due 3/10/2025(2)		1,096,963		1,074,335
Santander Drive Auto Receivables Trust
2021-1 B
0.50% due 4/15/2025		334,027		333,586

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN MULTI-SECTOR BOND VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Asset-Backed Securities — (continued)
Synchrony Card Funding LLC
2022-A1 A
3.37% due 4/15/2028	$	1,060,000	$	1,027,211
Toyota Auto Receivables Owner Trust
2019-C A4
1.88% due 11/15/2024		700,000		692,463
Verizon Owner Trust
2019-B
2.40% due 12/20/2023		1,000,000		999,452
Voya CLO Ltd.
2016-3A A3R
4.49% (LIBOR 3 Month + 1.75%) due 10/18/2031(2)(3)		835,000		789,660
Westlake Automobile Receivables Trust
2020-3A A2
0.56% due 5/15/2024(2)		134,525		134,395
World Omni Auto Receivables Trust
2022-C A2
3.73% due 3/16/2026		1,400,000		1,386,416
Total Asset-Backed Securities (Cost $38,727,162)				37,150,816
Corporate Bonds & Notes — 29.3%
Aerospace & Defense — 0.3%
Boeing Co.
5.15% due 5/1/2030		600,000		555,594
5.805% due 5/1/2050		200,000		174,040
				729,634
Agriculture — 0.4%
Cargill, Inc.
2.125% due 11/10/2031(2)		1,300,000		1,012,739
				1,012,739
Apparel — 0.2%
NIKE, Inc.
2.85% due 3/27/2030		500,000		435,135
				435,135
Beverages — 0.8%
Anheuser-Busch InBev Worldwide, Inc.
3.50% due 6/1/2030		900,000		803,016
PepsiCo, Inc.
1.95% due 10/21/2031		1,300,000		1,034,631
				1,837,647
Building Materials — 0.4%
Cornerstone Building Brands, Inc.
6.125% due 1/15/2029(2)		1,500,000		846,165
				846,165
Commercial Banks — 5.9%
Bank of America Corp.
4.271% (4.271% fixed rate until 7/23/2028; LIBOR 3 Month + 1.31% thereafter) due 7/23/2029(3)		3,400,000		3,101,854

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN MULTI-SECTOR BOND VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Commercial Banks — (continued)
Credit Suisse Group AG
4.207% (4.207% fixed rate until 6/12/2023; LIBOR 3 Month + 1.24% thereafter) due 6/12/2024(2)(3)	$	500,000	$	489,680
Goldman Sachs Group, Inc.
4.223% (4.223% fixed rate until 5/1/2028; LIBOR 3 Month + 1.30% thereafter) due 5/1/2029(3)		1,000,000		910,630
4.387% (4.387% fixed rate until 6/15/2026; SOFR + 1.51% thereafter) due 6/15/2027(3)		600,000		571,512
Huntington National Bank
4.552% (4.552% fixed rate until 5/17/2027; SOFR + 1.65% thereafter) due 5/17/2028(3)		1,300,000		1,250,795
JPMorgan Chase & Co.
4.203% (4.203% fixed rate until 7/23/2028; LIBOR 3 Month + 1.26% thereafter) due 7/23/2029(3)		2,700,000		2,456,028
Mitsubishi UFJ Financial Group, Inc.
5.354% (5.354% fixed rate until 9/13/2027; H15T1Y + 1.90% thereafter) due 9/13/2028(3)		1,400,000		1,364,804
Morgan Stanley
3.772% (3.772% fixed rate until 1/24/2028; LIBOR 3 Month + 1.14% thereafter) due 1/24/2029(3)		3,100,000		2,793,503
UBS Group AG
4.751% (4.751% fixed rate until 5/12/2027; H15T1Y + 1.75% thereafter) due 5/12/2028(2)(3)		1,100,000		1,032,482
				13,971,288
Computers — 0.3%
Apple, Inc.
2.65% due 2/8/2051		400,000		262,472
2.90% due 9/12/2027		600,000		553,608
				816,080
Cosmetics & Personal Care — 0.6%
Estee Lauder Cos., Inc.
2.60% due 4/15/2030		500,000		424,185
GSK Consumer Healthcare Capital U.S. LLC
3.625% due 3/24/2032(2)		1,300,000		1,101,152
				1,525,337
Diversified Financial Services — 0.8%
AerCap Ireland Capital DAC / AerCap Global Aviation Trust
2.45% due 10/29/2026		1,000,000		845,450
3.00% due 10/29/2028		700,000		564,354
Capital One Financial Corp.
4.927% (4.927% fixed rate until 5/10/2027; SOFR + 2.06% thereafter) due 5/10/2028(3)		500,000		475,930
				1,885,734

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN MULTI-SECTOR BOND VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Electric — 1.2%
Alabama Power Co.
3.94% due 9/1/2032	$	950,000	$	856,301
Consumers Energy Co.
3.60% due 8/15/2032		300,000		268,101
4.20% due 9/1/2052		400,000		332,484
Duke Energy Corp.
3.50% due 6/15/2051		950,000		640,747
Tampa Electric Co.
5.00% due 7/15/2052		600,000		548,382
Wisconsin Public Service Corp.
2.85% due 12/1/2051		500,000		322,760
				2,968,775
Electronics — 0.5%
Honeywell International, Inc.
2.70% due 8/15/2029		1,300,000		1,142,336
				1,142,336
Entertainment — 0.5%
Affinity Gaming
6.875% due 12/15/2027(2)		675,000		549,882
Warnermedia Holdings, Inc.
4.279% due 3/15/2032(2)		750,000		617,520
				1,167,402
Environmental Control — 0.6%
Waste Management, Inc.
4.15% due 4/15/2032		1,600,000		1,481,344
				1,481,344
Food — 0.4%
Kraft Heinz Foods Co.
3.75% due 4/1/2030		800,000		705,144
Kroger Co.
1.70% due 1/15/2031		400,000		300,692
				1,005,836
Healthcare-Products — 0.5%
Abbott Laboratories
4.75% due 11/30/2036		1,200,000		1,172,220
				1,172,220
Healthcare-Services — 0.2%
UnitedHealth Group, Inc.
4.20% due 5/15/2032		600,000		557,862
				557,862
Insurance — 1.8%
Athene Holding Ltd.
3.50% due 1/15/2031		1,000,000		800,380
Chubb INA Holdings, Inc.
1.375% due 9/15/2030		1,400,000		1,057,378
CNA Financial Corp.
2.05% due 8/15/2030		1,410,000		1,078,368
MetLife, Inc.
4.55% due 3/23/2030		500,000		479,300
5.00% due 7/15/2052		250,000		227,925
Willis North America, Inc.
2.95% due 9/15/2029		700,000		575,883
				4,219,234

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN MULTI-SECTOR BOND VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Machinery-Diversified — 1.0%
John Deere Capital Corp.
4.35% due 9/15/2032	$	2,500,000	$	2,376,875
				2,376,875
Media — 0.9%
Audacy Capital Corp.
6.75% due 3/31/2029(2)		1,500,000		365,265
Charter Communications Operating LLC / Charter Communications Operating Capital
2.25% due 1/15/2029		400,000		313,084
3.90% due 6/1/2052		500,000		311,965
Comcast Corp.
1.95% due 1/15/2031		800,000		621,696
2.887% due 11/1/2051		200,000		124,924
TEGNA, Inc.
5.00% due 9/15/2029		500,000		461,490
				2,198,424
Miscellaneous Manufacturing — 1.9%
Parker-Hannifin Corp.
4.25% due 9/15/2027		4,100,000		3,904,922
4.50% due 9/15/2029		600,000		567,912
				4,472,834
Oil & Gas — 2.7%
Antero Resources Corp.
7.625% due 2/1/2029(2)		610,000		610,067
BP Capital Markets America, Inc.
3.001% due 3/17/2052		400,000		258,756
3.633% due 4/6/2030		1,300,000		1,169,402
Cenovus Energy, Inc.
2.65% due 1/15/2032		500,000		386,405
3.75% due 2/15/2052		300,000		203,292
CITGO Petroleum Corp.
7.00% due 6/15/2025(2)		250,000		238,805
Hess Corp.
4.30% due 4/1/2027		2,400,000		2,254,776
Marathon Oil Corp.
4.40% due 7/15/2027		1,200,000		1,120,896
PBF Holding Co. LLC / PBF Finance Corp.
6.00% due 2/15/2028		250,000		215,770
				6,458,169
Oil & Gas Services — 0.3%
TechnipFMC PLC
6.50% due 2/1/2026(2)		700,000		671,804
				671,804
Pharmaceuticals — 1.0%
AbbVie, Inc.
4.25% due 11/21/2049		850,000		682,057
Bristol Myers Squibb Co.
2.95% due 3/15/2032		2,100,000		1,802,703
				2,484,760

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN MULTI-SECTOR BOND VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Pipelines — 0.8%
Kinder Morgan, Inc.
4.80% due 2/1/2033	$	1,250,000	$	1,121,538
ONEOK, Inc.
6.35% due 1/15/2031		850,000		834,037
				1,955,575
Real Estate Investment Trusts (REITs) — 1.8%
American Tower Corp.
3.65% due 3/15/2027		500,000		458,265
Essex Portfolio LP
1.70% due 3/1/2028		1,000,000		811,030
Kimco Realty Corp.
4.60% due 2/1/2033		600,000		542,538
Mid-America Apartments LP
3.95% due 3/15/2029		1,100,000		1,001,726
Prologis LP
2.25% due 4/15/2030		800,000		653,744
Simon Property Group LP
2.20% due 2/1/2031		1,000,000		767,930
				4,235,233
Retail — 0.3%
O’Reilly Automotive, Inc.
4.70% due 6/15/2032		700,000		656,068
				656,068
Semiconductors — 0.5%
Broadcom, Inc.
4.15% due 4/15/2032(2)		900,000		757,242
NXP BV / NXP Funding LLC / NXP USA, Inc.
2.65% due 2/15/2032		500,000		373,930
				1,131,172
Software — 0.3%
Microsoft Corp.
3.50% due 2/12/2035		700,000		629,664
				629,664
Telecommunications — 1.7%
AT&T, Inc.
2.55% due 12/1/2033		800,000		595,336
3.50% due 9/15/2053		300,000		199,887
T-Mobile USA, Inc.
2.70% due 3/15/2032		950,000		743,593
3.40% due 10/15/2052		200,000		132,168
3.50% due 4/15/2031		500,000		421,960
Verizon Communications, Inc.
2.355% due 3/15/2032		1,400,000		1,076,614
Vodafone Group PLC
4.375% due 5/30/2028		500,000		471,170
4.875% due 6/19/2049		600,000		473,454
				4,114,182
Transportation — 0.7%
Kansas City Southern
2.875% due 11/15/2029		1,900,000		1,618,287
				1,618,287
Total Corporate Bonds & Notes (Cost $79,173,612)				69,777,815

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN MULTI-SECTOR BOND VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Non-Agency Mortgage-Backed Securities — 6.9%
BANK
2019-BN24 AS
3.283% due 11/15/2062(3)(4)	$	1,412,000	$	1,182,507
2022-BNK43 AS
4.83% due 8/15/2055(3)(4)		900,000		828,572
2022-BNK43 B
5.328% due 8/15/2055(3)(4)		500,000		471,054
BB-UBS Trust
2012-SHOW A
3.43% due 11/5/2036(2)		1,200,000		1,123,668
Bear Stearns Asset-Backed Securities Trust
2005-SD1 1M4
5.109% due 8/25/2043(3)(4)		578,459		581,264
Benchmark Mortgage Trust
2019-B12 AS
3.419% due 8/15/2052		4,500,000		3,871,293
Citigroup Commercial Mortgage Trust
2016-C3 AS
3.366% due 11/15/2049(3)(4)		1,000,000		898,592
Commercial Mortgage Trust
2014-CR18 AM
4.103% due 7/15/2047		1,455,000		1,403,571
Freddie Mac STACR REMIC Trust
2022-DNA1 M1A
3.281% due 1/25/2042(2)(3)(4)		728,246		707,144
Jackson Park Trust
2019-LIC B
2.914% due 10/14/2039(2)		640,000		528,632
Morgan Stanley Capital I Trust
2020-L4 AS
2.88% due 2/15/2053		1,000,000		811,662
NYC Commercial Mortgage Trust
2021-909 C
3.312% due 4/10/2043(2)(3)(4)		385,000		291,115
ONE Park Mortgage Trust
2021-PARK B
3.768% due 3/15/2036(2)(3)(4)		500,000		475,358
SLG Office Trust
2021-OVA A
2.585% due 7/15/2041(2)		1,600,000		1,285,526
Stack Infrastructure Issuer LLC
2021-1A A2
1.877% due 3/26/2046(2)		750,000		647,448
WFRBS Commercial Mortgage Trust
2014-C19 AS
4.271% due 3/15/2047		1,500,000		1,459,787
Total Non-Agency Mortgage-Backed Securities (Cost $19,187,042)				16,567,193
U.S. Government Securities — 26.5%
U.S. Treasury Note
1.25% due 5/31/2028		1,900,000		1,630,883
1.50% due 9/30/2024		3,000,000		2,843,203
1.625% due 8/15/2029		100,000		86,234
1.625% due 5/15/2031		2,400,000		2,014,875
1.875% due 2/15/2032		14,530,000		12,318,716
2.50% due 4/30/2024		30,300,000		29,452,547
2.75% due 4/30/2027		8,000,000		7,550,625
2.75% due 7/31/2027		850,000		800,461
3.00% due 6/30/2024		6,500,000		6,357,812
Total U.S. Government Securities (Cost $66,645,040)				63,055,356

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN MULTI-SECTOR BOND VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — 0.0%
Media — 0.0%
Altice USA, Inc., Class A(5)		10,940	$	63,780
Total Common Stocks (Cost $125,181)				63,780
Exchange-Traded Funds — 4.7%
Vanguard Short-Term Inflation-Protected Securities ETF		235,000		11,305,850
Total Exchange-Traded Funds (Cost $11,907,450)				11,305,850
	Principal Amount		Value
Short-Term Investments — 3.1%
Repurchase Agreements — 3.1%
Fixed Income Clearing Corp., 0.83%, dated 9/30/2022, proceeds at maturity value of $7,310,988, due 10/3/2022(6)	$	7,310,483		7,310,483
Total Repurchase Agreements (Cost $7,310,483)				7,310,483
Total Investments — 98.2% (Cost $254,053,670)				233,954,076
Assets in excess of other liabilities(7) — 1.8%				4,342,875
Total Net Assets — 100.0%			$	238,296,951

(1) TBA - To be announced.

(2) Securities that may be resold in transactions exempt from registration under Rule 144A of the Securities Act of 1933, as amended, normally to certain qualified buyers. At September 30, 2022, the aggregate market value of these securities amounted to $35,622,843, representing 14.9% of net assets. These securities have been deemed liquid by the investment adviser pursuant to the Fund’s liquidity procedures approved by the Board of Trustees.

(3) Variable rate securities, which may include step-up bonds or adjustable rate mortgages. The rate shown is the rate in effect at September 30, 2022.

(4) Variable coupon rate based on weighted average interest rate of underlying mortgages.

(5) Non–income–producing security.

(6) The table below presents collateral for repurchase agreements.

Security	Coupon			Maturity Date		Principal Amount		Value
U.S. Treasury Note		0.75	%		12/31/2023	$	7,786,400	$	7,456,693

(7) Assets in excess of other liabilities include net unrealized depreciation on futures contracts and centrally cleared swap contracts as follows:

Open futures contracts at September 30, 2022:

Type	Expiration		Contracts		Position	Notional Amount		Notional Value		Unrealized Appreciation (Depreciation)
U.S. 5-Year Treasury Note		December 2022		83	Long	$	9,107,384	$	8,923,149	$	(184,235	)
U.S. 10-Year Treasury Note		December 2022		6	Long		670,707		672,375		1,668
U.S. Long Bond		December 2022		198	Long		26,976,855		25,028,438		(1,948,417	)
U.S. Ultra Long Bond		December 2022		140	Long		20,694,550		19,180,000		(1,514,550	)
Total						$	57,449,496	$	53,803,962	$	(3,645,534	)

Type	Expiration		Contracts		Position	Notional Amount			Notional Value			Unrealized Appreciation
U.S. 2-Year Treasury Note		December 2022		82	Short	$	(16,845,607	)	$	(16,842,031	)	$	3,576
U.S. Ultra 10-Year Treasury Note		December 2022		151	Short		(18,808,854	)		(17,891,141	)		917,713
Total						$	(35,654,461	)	$	(34,733,172	)	$	921,289

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN MULTI-SECTOR BOND VIP FUND

Centrally cleared credit default swap agreements — buy protection⁽⁸⁾:

Reference Entity	Implied Credit Spread at 9/30/22(9)			Notional Amount(10)			Maturity	(Pay)/Receive Fixed Rate			Periodic Payment Frequency	Upfront Payments		Value		Unrealized Depreciation
CDX.NA.HY.S39		6.10	%		USD	38,050,000	12/20/2027		(5.00	)%	Quarterly	$	1,804,282	$	1,561,547	$	(242,735	)

(8) When a credit event occurs as defined under the terms of the swap agreement, the Fund as a buyer of credit protection will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced obligation or (ii) receive a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced obligation.

(9) Implied credit spread, represented in absolute terms, utilized in determining the value of the credit default swap agreements as of period end will serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a referenced entity reflects the cost of buying/selling protection and may include payments required to be made to enter into the agreement. Generally, wider credit spreads represent a perceived deterioration of the referenced entity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the swap agreement.

(10) The notional amount represents the maximum potential amount the Fund could be required to pay as a buyer of credit protection if a credit event occurs, as defined under the terms of the swap agreement, for each security included in the CDX North America High Yield Index.

Legend:

CLO – Collateralized Loan Obligation

H15T1Y – 1-year Constant Maturity Treasury Rate

LIBOR – London Interbank Offered Rate

SOFR – Secured Overnight Financing Rate

USD – United States Dollar

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN MULTI-SECTOR BOND VIP FUND

The following is a summary of the inputs used as of September 30, 2022 in valuing the Fund’s investments. For more information on valuation inputs, please refer to the Fair Value Measurements section of the accompanying Notes to Schedule of Investments.

	— Valuation Inputs —
Investments in Securities (unaudited)	Level 1			Level 2			Level 3		Total
Agency Mortgage-Backed Securities	$	—		$	28,722,783		$	—	$	28,722,783
Asset-Backed Securities		—			37,150,816			—		37,150,816
Corporate Bonds & Notes		—			69,777,815			—		69,777,815
Non-Agency Mortgage-Backed Securities		—			16,567,193			—		16,567,193
U.S. Government Securities		—			63,055,356			—		63,055,356
Common Stocks		63,780			—			—		63,780
Exchange-Traded Funds		11,305,850			—			—		11,305,850
Repurchase Agreements		—			7,310,483			—		7,310,483
Total	$	11,369,630		$	222,584,446		$	—	$	233,954,076
Other Financial Instruments
Futures Contracts
Assets	$	922,957		$	—		$	—	$	922,957
Liabilities		(3,647,202	)		—			—		(3,647,202	)
Swap Contracts
Liabilities		—			(242,735	)		—		(242,735	)
Total	$	(2,724,245	)	$	(242,735	)	$	—	$	(2,966,980	)

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN TOTAL RETURN BOND VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Agency Mortgage–Backed Securities — 11.0%
Federal Home Loan Mortgage Corp.
3.00% due 3/1/2052	$	2,209,807	$	1,922,383
3.50% due 6/1/2052		3,912,467		3,520,578
4.00% due 10/1/2037		500,000		482,795
4.00% due 6/1/2052		732,815		679,666
Federal National Mortgage Association
3.00% due 5/1/2052		4,803,739		4,177,752
3.00% due 5/1/2052		4,898,317		4,260,005
3.50% due 5/1/2052		4,674,552		4,207,074
3.50% due 6/1/2052		4,513,088		4,060,881
4.00% due 6/1/2052		3,501,163		3,247,197
Freddie Mac Multifamily Structured Pass-Through Certificates
K073 A2
3.35% due 1/25/2028		1,325,000		1,248,846
K103 A2
2.651% due 11/25/2029		1,573,000		1,398,058
Uniform Mortgage-Backed Security
4.50% due 10/13/2052(1)		500,000		475,773
Total Agency Mortgage–Backed Securities (Cost $32,103,412)				29,681,008
Asset–Backed Securities — 17.0%
American Express Credit Account Master Trust
2017-7 B
2.54% due 5/15/2025		2,306,000		2,303,979
American Tower Trust I
13 2A
3.07% due 3/15/2048(2)		1,500,000		1,489,590
AmeriCredit Automobile Receivables Trust
2019-3 B
2.13% due 7/18/2025		683,574		682,133
Ares XXXIIR CLO Ltd.
2014-32RA B
4.705% (LIBOR 3 Month + 1.80%) due 5/15/2030(2)(3)		1,200,000		1,094,520
Ares XXXIV CLO Ltd.
2015-2A BR2
4.34% (LIBOR 3 Month + 1.60%) due 4/17/2033(2)(3)		450,000		423,585
Battalion CLO XX Ltd.
2021-20A D
5.612% (LIBOR 3 Month + 3.10%) due 7/15/2034(2)(3)		2,000,000		1,649,400
BlueMountain CLO Ltd.
2014-2A BR2
4.46% (LIBOR 3 Month + 1.75%) due 10/20/2030(2)(3)		800,000		753,188
Capital One Prime Auto Receivables Trust
2022-2 A2A
3.74% due 9/15/2025		1,500,000		1,490,984
Carlyle U.S. CLO Ltd.
2017-3A BR
4.71% (LIBOR 3 Month + 2.00%) due 7/20/2029(2)(3)		3,000,000		2,743,287
CarMax Auto Owner Trust
2020-4 B
0.85% due 6/15/2026		1,400,000		1,287,552
CIFC Funding Ltd.
2013-4A BRR
4.369% (LIBOR 3 Month + 1.60%) due 4/27/2031(2)(3)		800,000		760,320

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN TOTAL RETURN BOND VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Asset–Backed Securities — (continued)
DB Master Finance LLC
2021-1A A2II
2.493% due 11/20/2051(2)	$	1,042,125	$	848,541
Dell Equipment Finance Trust
2020-2 A3
0.57% due 10/23/2023(2)		950,538		938,525
Elmwood CLO IX Ltd.
2021-2A C
4.61% (LIBOR 3 Month + 1.90%) due 7/20/2034(2)(3)		3,000,000		2,708,088
Ford Credit Auto Owner Trust
2020-1 A
2.04% due 8/15/2031(2)		1,100,000		1,023,402
Ford Credit Floorplan Master Owner Trust
2020-2 A
1.06% due 9/15/2027		1,500,000		1,343,549
GLS Auto Receivables Issuer Trust
2019-4A B
2.78% due 9/16/2024(2)		444,798		444,433
GM Financial Consumer Automobile Receivables Trust
2020-A A3
0.38% due 8/18/2025		1,192,913		1,164,138
Golden Credit Card Trust
2018-4A A
3.44% due 8/15/2025(2)		1,590,000		1,578,108
ICG U.S. CLO Ltd.
2018-2A B
4.509% (LIBOR 3 Month + 1.75%) due 7/22/2031(2)(3)		1,300,000		1,226,945
Master Credit Card Trust
2021-1A A
0.53% due 11/21/2025(2)		1,590,000		1,477,670
Neuberger Berman CLO XVI-S Ltd.
2017-16SA BR
3.912% (LIBOR 3 Month + 1.40%) due 4/15/2034(2)(3)		1,000,000		936,781
Neuberger Berman CLO XVII Ltd.
2014-17A BR2
4.259% (LIBOR 3 Month + 1.50%) due 4/22/2029(2)(3)		1,100,000		1,045,550
Octagon Investment Partners 50 Ltd.
2020-4A DR
5.662% (LIBOR 3 Month + 3.15%) due 1/15/2035(2)(3)		1,100,000		954,121
Octagon Loan Funding Ltd.
2014-1A CRR
5.161% (LIBOR 3 Month + 2.20%) due 11/18/2031(2)(3)		3,200,000		2,939,520
OHA Credit Funding 3 Ltd.
2019-3A CR
4.66% (LIBOR 3 Month + 1.95%) due 7/2/2035(2)(3)		3,000,000		2,710,743
Oscar U.S. Funding XIV LLC
2022-1A A2
1.60% due 3/10/2025(2)		1,184,720		1,160,281
Riserva CLO Ltd.
2016-3A CRR
4.54% (LIBOR 3 Month + 1.80%) due 1/18/2034(2)(3)		3,000,000		2,676,300

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN TOTAL RETURN BOND VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Asset–Backed Securities — (continued)
Santander Drive Auto Receivables Trust
2021-1 B
0.50% due 4/15/2025	$	356,132	$	355,662
Synchrony Card Funding LLC
2022-A1 A
3.37% due 4/15/2028		1,190,000		1,153,190
Toyota Auto Receivables Owner Trust
2019-C A4
1.88% due 11/15/2024		700,000		692,463
Verizon Master Trust
2022-5 A1A
3.72% due 7/20/2027(3)		1,350,000		1,333,898
Voya CLO Ltd.
2016-3A A3R
4.49% (LIBOR 3 Month + 1.75%) due 10/18/2031(2)(3)		955,000		903,144
World Omni Auto Receivables Trust
2022-C A2
3.73% due 3/16/2026		1,600,000		1,584,475
Total Asset–Backed Securities (Cost $48,792,341)				45,878,065
Corporate Bonds & Notes — 28.0%
Aerospace & Defense — 0.4%
Boeing Co.
5.15% due 5/1/2030		750,000		694,492
5.805% due 5/1/2050		100,000		87,020
Northrop Grumman Corp.
5.25% due 5/1/2050		350,000		334,933
				1,116,445
Agriculture — 0.7%
Cargill, Inc.
2.125% due 11/10/2031(2)		2,300,000		1,791,769
				1,791,769
Apparel — 0.2%
NIKE, Inc.
2.85% due 3/27/2030		750,000		652,703
				652,703
Beverages — 0.7%
Anheuser-Busch InBev Worldwide, Inc.
3.50% due 6/1/2030		750,000		669,180
PepsiCo, Inc.
1.95% due 10/21/2031		1,400,000		1,114,218
				1,783,398
Building Materials — 0.3%
Cornerstone Building Brands, Inc.
6.125% due 1/15/2029(2)		1,500,000		846,165
				846,165
Commercial Banks — 5.3%
Bank of America Corp.
4.271% (4.271% fixed rate until 7/23/2028; LIBOR 3 Month + 1.31% thereafter) due 7/23/2029(3)		3,900,000		3,558,009

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN TOTAL RETURN BOND VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Commercial Banks — (continued)
Credit Suisse Group AG
4.207% (4.207% fixed rate until 6/12/2023; LIBOR 3 Month + 1.24% thereafter) due 6/12/2024(2)(3)	$	800,000	$	783,488
Goldman Sachs Group, Inc.
4.223% (4.223% fixed rate until 5/1/2028; LIBOR 3 Month + 1.30% thereafter) due 5/1/2029(3)		1,200,000		1,092,756
4.387% (4.387% fixed rate until 6/15/2026; SOFR + 1.51% thereafter) due 6/15/2027(3)		600,000		571,512
Huntington National Bank
4.552% (4.552% fixed rate until 5/17/2027; SOFR + 1.65% thereafter) due 5/17/2028(3)		1,400,000		1,347,010
JPMorgan Chase & Co.
4.203% (4.203% fixed rate until 7/23/2028; LIBOR 3 Month + 1.26% thereafter) due 7/23/2029(3)		3,200,000		2,910,848
Mitsubishi UFJ Financial Group, Inc.
5.354% (5.354% fixed rate until 9/13/2027; H15T1Y + 1.90% thereafter) due 9/13/2028(3)		300,000		292,458
Morgan Stanley
3.772% (3.772% fixed rate until 1/24/2028; LIBOR 3 Month + 1.14% thereafter) due 1/24/2029(3)		3,200,000		2,883,616
UBS Group AG
4.751% (4.751% fixed rate until 5/12/2027; H15T1Y + 1.75% thereafter) due 5/12/2028(2)(3)		1,000,000		938,620
				14,378,317
Computers — 0.3%
Apple, Inc.
2.65% due 2/8/2051		400,000		262,472
2.90% due 9/12/2027		600,000		553,608
				816,080
Cosmetics & Personal Care — 0.7%
Estee Lauder Cos., Inc.
2.60% due 4/15/2030		1,150,000		975,626
GSK Consumer Healthcare Capital U.S. LLC
3.625% due 3/24/2032(2)		1,200,000		1,016,448
				1,992,074
Diversified Financial Services — 0.6%
AerCap Ireland Capital DAC / AerCap Global Aviation Trust
2.45% due 10/29/2026		1,100,000		929,995
3.00% due 10/29/2028		250,000		201,555
Capital One Financial Corp.
4.927% (4.927% fixed rate until 5/10/2027; SOFR + 2.06% thereafter) due 5/10/2028(3)		600,000		571,116
				1,702,666

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN TOTAL RETURN BOND VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Electric — 1.2%
Alabama Power Co.
3.94% due 9/1/2032	$	550,000	$	495,754
Consumers Energy Co.
3.60% due 8/15/2032		400,000		357,468
4.20% due 9/1/2052		400,000		332,484
Duke Energy Corp.
3.50% due 6/15/2051		950,000		640,746
NextEra Energy Capital Holdings, Inc.
5.00% due 7/15/2032		500,000		477,945
Tampa Electric Co.
5.00% due 7/15/2052		800,000		731,176
Wisconsin Public Service Corp.
2.85% due 12/1/2051		500,000		322,760
				3,358,333
Electronics — 0.4%
Honeywell International, Inc.
1.75% due 9/1/2031		1,400,000		1,093,232
				1,093,232
Entertainment — 0.4%
Affinity Gaming
6.875% due 12/15/2027(2)		500,000		407,320
Warnermedia Holdings, Inc.
4.279% due 3/15/2032(2)		750,000		617,520
				1,024,840
Environmental Control — 0.6%
Waste Management, Inc.
1.50% due 3/15/2031		2,050,000		1,555,848
				1,555,848
Food — 0.6%
Kraft Heinz Foods Co.
3.75% due 4/1/2030		900,000		793,287
Kroger Co.
1.70% due 1/15/2031		1,150,000		864,490
				1,657,777
Healthcare-Products — 0.5%
Abbott Laboratories
4.75% due 11/30/2036		1,400,000		1,367,590
				1,367,590
Healthcare-Services — 0.2%
UnitedHealth Group, Inc.
4.20% due 5/15/2032		600,000		557,862
				557,862
Insurance — 2.0%
Athene Holding Ltd.
3.50% due 1/15/2031		950,000		760,361
Chubb INA Holdings, Inc.
1.375% due 9/15/2030		1,600,000		1,208,432

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN TOTAL RETURN BOND VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Insurance — (continued)
CNA Financial Corp.
2.05% due 8/15/2030	$	1,305,000	$	998,064
Hartford Financial Services Group, Inc.
2.80% due 8/19/2029		1,200,000		1,012,608
MetLife, Inc.
4.55% due 3/23/2030		500,000		479,300
5.00% due 7/15/2052		250,000		227,925
Willis North America, Inc.
2.95% due 9/15/2029		770,000		633,471
				5,320,161
Internet — 0.4%
Amazon.com, Inc.
1.65% due 5/12/2028		1,200,000		1,019,724
				1,019,724
Machinery-Construction & Mining — 0.2%
Caterpillar, Inc.
2.60% due 4/9/2030		500,000		426,645
				426,645
Machinery-Diversified — 1.0%
John Deere Capital Corp.
4.35% due 9/15/2032		2,800,000		2,662,100
				2,662,100
Media — 0.6%
Audacy Capital Corp.
6.75% due 3/31/2029(2)		500,000		121,755
Charter Communications Operating LLC / Charter Communications Operating Capital
2.25% due 1/15/2029		500,000		391,355
3.90% due 6/1/2052		500,000		311,965
Comcast Corp.
1.95% due 1/15/2031		800,000		621,696
2.887% due 11/1/2051		200,000		124,924
				1,571,695
Miscellaneous Manufacturing — 1.2%
Parker-Hannifin Corp.
4.25% due 9/15/2027		2,800,000		2,666,776
4.50% due 9/15/2029		600,000		567,912
				3,234,688
Oil & Gas — 2.0%
BP Capital Markets America, Inc.
3.06% due 6/17/2041		450,000		321,826
3.633% due 4/6/2030		700,000		629,678
Cenovus Energy, Inc.
2.65% due 1/15/2032		400,000		309,124
3.75% due 2/15/2052		400,000		271,056
CITGO Petroleum Corp.
7.00% due 6/15/2025(2)		250,000		238,805
Hess Corp.
4.30% due 4/1/2027		2,300,000		2,160,827
Marathon Oil Corp.
4.40% due 7/15/2027		1,250,000		1,167,600
PBF Holding Co. LLC / PBF Finance Corp.
6.00% due 2/15/2028		250,000		215,770
				5,314,686

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN TOTAL RETURN BOND VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Oil & Gas Services — 0.1%
TechnipFMC PLC
6.50% due 2/1/2026(2)	$	300,000	$	287,916
				287,916
Pharmaceuticals — 1.7%
AbbVie, Inc.
4.25% due 11/21/2049		900,000		722,178
Bristol Myers Squibb Co.
2.95% due 3/15/2032		2,100,000		1,802,703
3.70% due 3/15/2052		300,000		230,298
Pfizer, Inc.
1.75% due 8/18/2031		750,000		586,357
3.45% due 3/15/2029		1,300,000		1,197,508
				4,539,044
Pipelines — 0.7%
Kinder Morgan, Inc.
4.80% due 2/1/2033		1,350,000		1,211,260
ONEOK, Inc.
6.35% due 1/15/2031		850,000		834,037
				2,045,297
Real Estate Investment Trusts (REITs) — 1.6%
American Tower Corp.
3.65% due 3/15/2027		500,000		458,265
Essex Portfolio LP
1.70% due 3/1/2028		900,000		729,927
Kimco Realty Corp.
4.60% due 2/1/2033		1,000,000		904,230
Mid-America Apartments LP
3.95% due 3/15/2029		800,000		728,528
Prologis LP
2.25% due 4/15/2030		700,000		572,026
Simon Property Group LP
2.20% due 2/1/2031		1,300,000		998,309
				4,391,285
Retail — 0.7%
AutoZone, Inc.
3.75% due 6/1/2027		1,000,000		938,400
O’Reilly Automotive, Inc.
4.70% due 6/15/2032		900,000		843,516
				1,781,916
Semiconductors — 0.4%
Broadcom, Inc.
4.15% due 4/15/2032(2)		950,000		799,311
NXP BV / NXP Funding LLC / NXP USA, Inc.
2.65% due 2/15/2032		250,000		186,965
				986,276
Software — 0.2%
Microsoft Corp.
3.50% due 2/12/2035		700,000		629,664
				629,664
Telecommunications — 1.8%
AT&T, Inc.
2.55% due 12/1/2033		800,000		595,336
3.50% due 9/15/2053		300,000		199,887
T-Mobile USA, Inc.
2.70% due 3/15/2032		750,000		587,048
3.40% due 10/15/2052		400,000		264,336
3.50% due 4/15/2031		500,000		421,960

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN TOTAL RETURN BOND VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Telecommunications — (continued)
Verizon Communications, Inc.
2.355% due 3/15/2032	$	1,550,000	$	1,191,965
Vodafone Group PLC
4.375% due 5/30/2028		1,200,000		1,130,808
4.875% due 6/19/2049		500,000		394,545
				4,785,885
Transportation — 0.3%
Kansas City Southern
3.50% due 5/1/2050		300,000		209,880
Union Pacific Corp.
2.80% due 2/14/2032		900,000		749,277
				959,157
Total Corporate Bonds & Notes (Cost $86,440,382)				75,651,238
Non–Agency Mortgage–Backed Securities — 9.8%
BANK
2019-BN24 AS
3.283% due 11/15/2062(3)(4)		1,413,000		1,183,345
2022-BNK43 AS
4.83% due 8/15/2055(3)(4)		1,100,000		1,012,700
2022-BNK43 B
5.328% due 8/15/2055(3)(4)		500,000		471,054
BB-UBS Trust
2012-SHOW A
3.43% due 11/5/2036(2)		2,500,000		2,340,975
Bear Stearns Asset-Backed Securities Trust
2005-SD1 1M4
5.109% due 8/25/2043(3)(4)		578,967		581,775
Citigroup Commercial Mortgage Trust
2014-GC21 A5
3.855% due 5/10/2047		1,330,000		1,302,370
2016-C3 AS
3.366% due 11/15/2049(3)(4)		1,125,000		1,010,916
Commercial Mortgage Trust
2013-LC6 AM
3.282% due 1/10/2046		2,500,000		2,487,902
2014-CR18 AM
4.103% due 7/15/2047		1,550,000		1,495,213
Freddie Mac STACR REMIC Trust
2022-DNA1 M1A
3.281% due 1/25/2042(2)(3)(4)		821,611		797,803
Grace Trust
2020-GRCE C
2.769% due 12/10/2040(2)(3)(4)		1,100,000		833,803
GS Mortgage Securities Corp. II
2005-ROCK A
5.366% due 5/3/2032(2)		1,800,000		1,820,597
GS Mortgage Securities Trust
2013-GC16 A4
4.271% due 11/10/2046		750,000		742,745
Jackson Park Trust
2019-LIC B
2.914% due 10/14/2039(2)		680,000		561,671
Life Mortgage Trust
2021-BMR C
3.918% due 3/15/2038(2)(3)(4)		1,474,455		1,399,141

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN TOTAL RETURN BOND VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Non–Agency Mortgage–Backed Securities — (continued)
Morgan Stanley Capital I Trust
2020-L4 AS
2.88% due 2/15/2053	$	750,000	$	608,746
NYC Commercial Mortgage Trust
2021-909 C
3.312% due 4/10/2043(2)(3)(4)		580,000		438,562
ONE Park Mortgage Trust
2021-PARK B
3.768% due 3/15/2036(2)(3)(4)		500,000		475,358
SLG Office Trust
2021-OVA A
2.585% due 7/15/2041(2)		1,800,000		1,446,217
Stack Infrastructure Issuer LLC
2021-1A A2
1.877% due 3/26/2046(2)		1,250,000		1,079,079
Wells Fargo Commercial Mortgage Trust
2018-AUS A
4.194% due 8/17/2036(2)(3)(4)		2,000,000		1,844,646
2021-SAVE A
3.968% due 2/15/2040(2)(3)(4)		1,181,728		1,132,144
WFRBS Commercial Mortgage Trust
2014-C19 AS
4.271% due 3/15/2047		1,500,000		1,459,787
Total Non–Agency Mortgage–Backed Securities (Cost $29,523,506)				26,526,549
U.S. Government Securities — 24.4%
U.S. Treasury Bond
2.25% due 8/15/2049		5,900,000		4,313,453
U.S. Treasury Note
0.25% due 10/31/2025		4,500,000		3,984,258
0.625% due 5/15/2030		700,000		551,469
0.875% due 11/15/2030		2,200,000		1,753,125
1.25% due 5/31/2028		1,100,000		944,195
1.50% due 9/30/2024		4,150,000		3,933,098
1.625% due 5/15/2031		3,580,000		3,005,522
1.875% due 2/15/2032		19,570,000		16,591,691
2.25% due 3/31/2024		2,200,000		2,133,656
2.50% due 4/30/2024		22,200,000		21,579,094
2.75% due 4/30/2027		3,300,000		3,114,633
2.75% due 7/31/2027		650,000		612,117
3.00% due 6/30/2024		3,300,000		3,227,812
Total U.S. Government Securities (Cost $72,042,729)				65,744,123
	Shares		Value
Exchange–Traded Funds — 4.8%
Vanguard Short-Term Inflation-Protected Securities ETF		270,000		12,989,700
Total Exchange–Traded Funds (Cost $13,720,900)				12,989,700
	Principal Amount		Value
Short–Term Investments — 3.4%
Repurchase Agreements — 3.4%
Fixed Income Clearing Corp., 0.83%, dated 9/30/2022, proceeds at maturity value of $9,278,040, due 10/3/2022(5)	$	9,277,398		9,277,398
Total Repurchase Agreements (Cost $9,277,398)				9,277,398
Total Investments — 98.4% (Cost $291,900,668)				265,748,081
Assets in excess of other liabilities(6) — 1.6%				4,393,930
Total Net Assets — 100.0%			$	270,142,011

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN TOTAL RETURN BOND VIP FUND

(1) TBA — To be announced.

(2) Securities that may be resold in transactions exempt from registration under Rule 144A of the Securities Act of 1933, as amended, normally to certain qualified buyers. At September 30, 2022, the aggregate market value of these securities amounted to $54,505,155, representing 20.2% of net assets. These securities have been deemed liquid by the investment adviser pursuant to the Fund’s liquidity procedures approved by the Board of Trustees.

(3) Variable rate securities, which may include step-up bonds or adjustable rate mortgages. The rate shown is the rate in effect at September 30, 2022.

(4) Variable coupon rate based on weighted average interest rate of underlying mortgages.

(5) The table below presents collateral for repurchase agreements.

Security	Coupon			Maturity Date		Principal Amount		Value
U.S. Treasury Note		0.75	%		12/31/2023	$	9,881,400	$	9,462,982

(6) Assets in excess of other liabilities include net unrealized depreciation on futures contracts and centrally cleared swap contracts as follows:

Open futures contracts at September 30, 2022:

Type	Expiration		Contracts		Position		Notional Amount			Notional Value			Unrealized Depreciation
U.S. 10-Year Treasury Note		December 2022		149		Long	$	17,408,475		$	16,697,313		$	(711,162	)
U.S. Long Bond		December 2022		279		Long		37,863,985			35,267,344			(2,596,641	)
U.S. Ultra Long Bond		December 2022		112		Long		16,547,090			15,344,000			(1,203,090	)
Total							$	71,819,550		$	67,308,657		$	(4,510,893	)
Type	Expiration		Contracts		Position		Notional Amount			Notional Value			Unrealized Appreciation
U.S. 2-Year Treasury Note		December 2022		56		Short	$	(11,505,677	)	$	(11,501,875	)	$	3,802
U.S. Ultra 10-Year Treasury Note		December 2022		279		Short		(34,859,920	)		(33,057,141	)		1,802,779
Total							$	(46,365,597	)	$	(44,559,016	)	$	1,806,581

Centrally cleared credit default swap agreements — buy protection⁽⁷⁾:

Reference Entity	Implied Credit Spread at 9/30/22(8)			Notional Amount(9)			Maturity		(Pay)/Receive Fixed Rate			Periodic Payment Frequency		Upfront Payments		Value		Unrealized Depreciation
CDX.NA.HY.S39		6.10	%		USD	40,100,000		12/20/2027		(5.00	)%		Quarterly	$	1,894,775	$	1,645,677	$	(249,098	)

(7) When a credit event occurs as defined under the terms of the swap agreement, the Fund as a buyer of credit protection will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced obligation or (ii) receive a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced obligation.

(8) Implied credit spread, represented in absolute terms, utilized in determining the value of the credit default swap agreements as of period end will serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a referenced entity reflects the cost of buying/selling protection and may include payments required to be made to enter into the agreement. Generally, wider credit spreads represent a perceived deterioration of the referenced entity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the swap agreement.

(9) The notional amount represents the maximum potential amount the Fund could be required to pay as a buyer of credit protection if a credit event occurs, as defined under the terms of the swap agreement, for each security included in the CDX North America High Yield Index.

Legend:

CLO – Collateralized Loan Obligation

H15T1Y – 1-year Constant Maturity Treasury Rate

LIBOR – London Interbank Offered Rate

SOFR – Secured Overnight Financing Rate

USD – United States Dollar

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN TOTAL RETURN BOND VIP FUND

The following is a summary of the inputs used as of September 30, 2022 in valuing the Fund’s investments. For more information on valuation inputs, please refer to the Fair Value Measurements section of the accompanying Notes to Schedule of Investments.

	— Valuation Inputs —
Investments in Securities (unaudited)	Level 1			Level 2			Level 3		Total
Agency Mortgage–Backed Securities	$	—		$	29,681,008		$	—	$	29,681,008
Asset–Backed Securities		—			45,878,065			—		45,878,065
Corporate Bonds & Notes		—			75,651,238			—		75,651,238
Non–Agency Mortgage–Backed Securities		—			26,526,549			—		26,526,549
U.S. Government Securities		—			65,744,123			—		65,744,123
Exchange–Traded Funds		12,989,700			—			—		12,989,700
Repurchase Agreements		—			9,277,398			—		9,277,398
Total	$	12,989,700		$	252,758,381		$	—	$	265,748,081
Other Financial Instruments
Futures Contracts
Assets	$	1,806,581		$	—		$	—	$	1,806,581
Liabilities		(4,510,893	)		—			—		(4,510,893	)
Swap Contracts
Liabilities		—			(249,098	)		—		(249,098	)
Total	$	(2,704,312	)	$	(249,098	)	$	—	$	(2,953,410	)

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN U.S. GOVERNMENT SECURITIES VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Agency Mortgage–Backed Securities — 22.1%
Fannie Mae ACES
2019-M4 A2
3.61% due 2/25/2031	$	7,764,000	$	7,245,300
2021-M4 A2
1.514% due 2/25/2031(1)(2)		1,000,000		788,157
Freddie Mac Multifamily Structured Pass-Through Certificates
K026 A2
2.51% due 11/25/2022		1,784,155		1,778,023
K048 A2
3.284% due 6/25/2025(1)(2)		2,045,000		1,981,890
K053 A2
2.995% due 12/25/2025		2,225,000		2,124,494
K058 A2
2.653% due 8/25/2026		1,500,000		1,398,575
K082 A2
3.92% due 9/25/2028(1)(2)		3,385,000		3,272,617
K124 A2
1.658% due 12/25/2030		4,200,000		3,370,304
K730 A2
3.59% due 1/25/2025(1)(2)		3,878,177		3,798,682
Uniform Mortgage-Backed Security
2.00% due 10/18/2037(3)		2,000,000		1,759,922
2.50% due 10/18/2037(3)		1,100,000		995,199
2.50% due 10/13/2052(3)		7,900,000		6,628,384
3.00% due 10/18/2037(3)		1,200,000		1,113,937
3.00% due 10/13/2052(3)		4,500,000		3,909,375
3.50% due 10/13/2052(3)		3,300,000		2,965,746
4.00% due 10/13/2052(3)		2,900,000		2,687,711
4.50% due 10/13/2052(3)		1,150,000		1,094,277
Total Agency Mortgage–Backed Securities (Cost $51,354,016)				46,912,593
Asset–Backed Securities — 6.1%
AmeriCredit Automobile Receivables Trust
2019-2 C
2.74% due 4/18/2025		1,500,000		1,482,253
BlueMountain CLO Ltd.
2014-2A BR2
4.46% (LIBOR 3 Month + 1.75%) due 10/20/2030(2)(4)		600,000		564,891
Enterprise Fleet Financing LLC
2020-1 A2
1.78% due 12/22/2025(4)		441,808		438,904
Ford Credit Auto Lease Trust
2021-B A3
0.37% due 10/15/2024		1,600,000		1,552,994
Honda Auto Receivables Owner Trust
2021-2 A3
0.33% due 8/15/2025		1,000,000		964,673
Hyundai Auto Lease Securitization Trust
2021-A B
0.61% due 10/15/2025(4)		2,000,000		1,940,796
NextGear Floorplan Master Owner Trust
2022-1A A2
2.80% due 3/15/2027(4)		1,750,000		1,656,791
Nissan Auto Receivables Owner Trust
2019-C A4
1.95% due 5/15/2026		1,600,000		1,565,685

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN U.S. GOVERNMENT SECURITIES VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Asset–Backed Securities — (continued)
Toyota Lease Owner Trust
2021-A A4
0.50% due 8/20/2025(4)	$	1,000,000	$	964,472
Verizon Owner Trust
2020-A B
1.98% due 7/22/2024		1,000,000		985,022
Voya CLO Ltd.
2016-3A A3R
4.49% (LIBOR 3 Month + 1.75%) due 10/18/2031(2)(4)		925,000		874,772
Total Asset–Backed Securities (Cost $13,275,318)				12,991,253
Non–Agency Mortgage–Backed Securities — 11.4%
BAMLL Commercial Mortgage Securities Trust
2015-200P A
3.218% due 4/14/2033(4)		1,450,000		1,353,664
BB-UBS Trust
2012-SHOW A
3.43% due 11/5/2036(4)		1,000,000		936,390
Citigroup Commercial Mortgage Trust
2014-GC21 A5
3.855% due 5/10/2047		1,700,000		1,664,683
2019-PRM B
3.644% due 5/10/2036(4)		1,309,824		1,291,119
CityLine Commercial Mortgage Trust
2016-CLNE C
2.871% due 11/10/2031(1)(2)(4)		1,000,000		962,316
Commercial Mortgage Trust
2013-WWP B
3.726% due 3/10/2031(4)		3,075,000		3,071,166
2013-WWP C
3.544% due 3/10/2031(4)		3,500,000		3,494,632
2013-WWP D
3.898% due 3/10/2031(4)		1,767,000		1,764,405
2014-UBS3 A4
3.819% due 6/10/2047		1,550,000		1,514,259
2015-CR23 A4
3.497% due 5/10/2048		2,500,000		2,387,552
GS Mortgage Securities Corp. II
2005-ROCK A
5.366% due 5/3/2032(4)		1,700,000		1,719,453
GS Mortgage Securities Trust
2013-GC16 A4
4.271% due 11/10/2046		1,410,000		1,396,360
Hudson Yards Mortgage Trust
2016-10HY A
2.835% due 8/10/2038(4)		600,000		537,568
ONE Park Mortgage Trust
2021-PARK A
3.518% due 3/15/2036(1)(2)(4)		500,000		479,528
Wells Fargo Commercial Mortgage Trust
2021-SAVE A
3.968% due 2/15/2040(1)(2)(4)		636,315		609,616
WFRBS Commercial Mortgage Trust
2014-C19 AS
4.271% due 3/15/2047		1,000,000		973,191
Total Non–Agency Mortgage–Backed Securities (Cost $25,581,003)				24,155,902

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN U.S. GOVERNMENT SECURITIES VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
U.S. Government Agencies — 9.9%
Federal Farm Credit Banks Funding Corp.
0.125% due 4/13/2023	$	5,500,000	$	5,385,545
0.50% due 7/2/2025		4,100,000		3,687,130
1.21% due 3/3/2025		3,800,000		3,521,270
Federal Home Loan Bank
0.875% due 6/12/2026		3,000,000		2,642,730
1.25% due 6/9/2028		5,500,000		4,661,635
Federal National Mortgage Association
0.50% due 11/7/2025		1,300,000		1,158,430
Total U.S. Government Agencies (Cost $23,285,422)				21,056,740
U.S. Government Securities — 38.2%
U.S. Treasury Inflation-Indexed Note
0.125% due 4/15/2027		535,163		493,401
U.S. Treasury Note
0.375% due 1/31/2026		3,000,000		2,642,578
0.875% due 11/15/2030		500,000		398,438
1.375% due 11/15/2031		15,300,000		12,436,031
1.50% due 9/30/2024		16,900,000		16,016,711
1.625% due 11/30/2026		25,300,000		22,888,594
2.00% due 4/30/2024		2,400,000		2,314,406
2.00% due 8/15/2025		2,650,000		2,489,551
2.75% due 7/31/2027		22,500,000		21,188,672
Total U.S. Government Securities (Cost $89,046,424)				80,868,382
	Shares		Value
Exchange–Traded Funds — 9.3%
iShares MBS ETF		54,000		4,945,320
Vanguard Mortgage-Backed Securities ETF		110,000		4,959,900
Vanguard Short-Term Inflation-Protected Securities ETF		204,700		9,848,117
Total Exchange–Traded Funds (Cost $20,370,717)				19,753,337
	Principal Amount		Value
Short–Term Investments — 1.6%
Repurchase Agreements — 1.6%
Fixed Income Clearing Corp., 0.83%, dated 9/30/2022, proceeds at maturity value of $3,318,943, due 10/3/2022(5)	$	3,318,714		3,318,714
Total Repurchase Agreements (Cost $3,318,714)				3,318,714
Total Investments — 98.6% (Cost $226,231,614)				209,056,921
Assets in excess of other liabilities(6) — 1.4%				2,964,614
Total Net Assets — 100.0%			$	212,021,535

(1) Variable coupon rate based on weighted average interest rate of underlying mortgages.

(2) Variable rate securities, which may include step-up bonds or adjustable rate mortgages. The rate shown is the rate in effect at September 30, 2022.

(3) TBA — To be announced.

(4) Securities that may be resold in transactions exempt from registration under Rule 144A of the Securities Act of 1933, as amended, normally to certain qualified buyers. At September 30, 2022, the aggregate market value of these securities amounted to $22,660,483, representing 10.7% of net assets. These securities have been deemed liquid by the investment adviser pursuant to the Fund’s liquidity procedures approved by the Board of Trustees.

(5) The table below presents collateral for repurchase agreements.

Security	Coupon			Maturity Date		Principal Amount		Value
U.S. Treasury Note		0.75	%		12/31/2023	$	3,534,800	$	3,385,122

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN U.S. GOVERNMENT SECURITIES VIP FUND

(6) Assets in excess of other liabilities include net unrealized depreciation on futures contracts as follows:

Open futures contracts at September 30, 2022:

Type	Expiration		Contracts		Position		Notional Amount			Notional Value			Unrealized Depreciation
U.S. 10-Year Treasury Note		December 2022		40		Long	$	4,504,505		$	4,482,500		$	(22,005	)
U.S. Long Bond		December 2022		148		Long		18,847,358			18,708,125			(139,233	)
U.S. Ultra 10-Year Treasury Note		December 2022		173		Long		20,908,076			20,497,797			(410,279	)
U.S. Ultra Long Bond		December 2022		22		Long		3,046,197			3,014,000			(32,197	)
Total							$	47,306,136		$	46,702,422		$	(603,714	)
Type	Expiration		Contracts		Position		Notional Amount			Notional Value			Unrealized Appreciation (Depreciation)
U.S. 2-Year Treasury Note		December 2022		325		Short	$	(66,773,667	)	$	(66,751,953	)	$	21,714
U.S. 5-Year Treasury Note		December 2022		200		Short		(21,488,410	)		(21,501,563	)		(13,153	)
Total							$	(88,262,077	)	$	(88,253,516	)	$	8,561

Legend:

CLO – Collateralized Loan Obligation

LIBOR – London Interbank Offered Rate

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN U.S. GOVERNMENT SECURITIES VIP FUND

The following is a summary of the inputs used as of September 30, 2022 in valuing the Fund’s investments. For more information on valuation inputs, please refer to the Fair Value Measurements section of the accompanying Notes to Schedule of Investments.

	— Valuation Inputs —
Investments in Securities (unaudited)	Level 1			Level 2		Level 3		Total
Agency Mortgage–Backed Securities	$	—		$	46,912,593	$	—	$	46,912,593
Asset–Backed Securities		—			12,991,253		—		12,991,253
Non–Agency Mortgage–Backed Securities		—			24,155,902		—		24,155,902
U.S. Government Agencies		—			21,056,740		—		21,056,740
U.S. Government Securities		—			80,868,382		—		80,868,382
Exchange–Traded Funds		19,753,337			—		—		19,753,337
Repurchase Agreements		—			3,318,714		—		3,318,714
Total	$	19,753,337		$	189,303,584	$	—	$	209,056,921
Other Financial Instruments
Futures Contracts
Assets	$	21,714		$	—	$	—	$	21,714
Liabilities		(616,867	)		—		—		(616,867	)
Total	$	(595,153	)	$	—	$	—	$	(595,153	)

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN ALL CAP CORE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — 99.7%
Aerospace & Defense — 1.9%
Curtiss-Wright Corp.		2,388	$	332,314
General Dynamics Corp.		1,735		368,115
Howmet Aerospace, Inc.		16,191		500,787
L3Harris Technologies, Inc.		1,043		216,767
Northrop Grumman Corp.		1,090		512,649
Raytheon Technologies Corp.		12,216		1,000,002
				2,930,634
Auto Components — 0.4%
Aptiv PLC(1)		7,435		581,491
				581,491
Banks — 4.2%
Bank OZK		3,877		153,374
First Interstate BancSystem, Inc., Class A		11,984		483,554
JPMorgan Chase & Co.		19,959		2,085,716
PNC Financial Services Group, Inc.		6,451		963,908
Regions Financial Corp.		16,557		332,299
Truist Financial Corp.		37,972		1,653,301
United Community Banks, Inc.		12,076		399,716
Wells Fargo & Co.		9,583		385,428
				6,457,296
Beverages — 1.8%
Coca-Cola Co.		4,974		278,643
Coca-Cola Europacific Partners PLC		6,704		285,725
Constellation Brands, Inc., Class A		2,558		587,521
PepsiCo, Inc.		9,791		1,598,479
				2,750,368
Biotechnology — 1.5%
Biogen, Inc.(1)		1,324		353,508
Vertex Pharmaceuticals, Inc.(1)		6,782		1,963,660
				2,317,168
Building Products — 0.8%
AZEK Co., Inc.(1)		14,893		247,522
Johnson Controls International PLC		12,620		621,156
Masco Corp.		8,756		408,818
				1,277,496
Capital Markets — 3.3%
Charles Schwab Corp.		12,603		905,777
CME Group, Inc.		3,436		608,619
Invesco Ltd.		17,162		235,119
KKR & Co., Inc.		6,154		264,622
Moody’s Corp.		2,606		633,545
Morgan Stanley		14,665		1,158,681
Northern Trust Corp.		2,703		231,269
Raymond James Financial, Inc.		9,363		925,252
				4,962,884
Chemicals — 2.5%
Air Products and Chemicals, Inc.		1,845		429,387
Ashland, Inc.		5,015		476,275
Avient Corp.		8,210		248,763
Axalta Coating Systems Ltd.(1)		13,013		274,054
Chemours Co.		4,037		99,512
Diversey Holdings Ltd.(1)		49,623		241,168
DuPont de Nemours, Inc.		7,532		379,613
Element Solutions, Inc.		16,698		271,676
FMC Corp.		2,387		252,306
International Flavors & Fragrances, Inc.		2,175		197,555
Linde PLC		2,209		595,524
Sherwin-Williams Co.		1,891		387,182
				3,853,015

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN ALL CAP CORE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Commercial Services & Supplies — 0.4%
GFL Environmental, Inc.		24,874	$	629,063
				629,063
Communications Equipment — 0.3%
Motorola Solutions, Inc.		1,959		438,757
				438,757
Construction & Engineering — 0.2%
API Group Corp.(1)		18,021		239,139
				239,139
Construction Materials — 0.3%
Vulcan Materials Co.		2,459		387,809
				387,809
Consumer Finance — 0.2%
SLM Corp.		21,466		300,309
				300,309
Containers & Packaging — 0.2%
Ball Corp.		4,980		240,634
				240,634
Distributors — 0.6%
LKQ Corp.		18,319		863,741
				863,741
Diversified Consumer Services — 0.3%
Bright Horizons Family Solutions, Inc.(1)		4,434		255,620
Grand Canyon Education, Inc.(1)		2,192		180,292
				435,912
Diversified Financial Services — 0.2%
Voya Financial, Inc.		5,574		337,227
				337,227
Electric Utilities — 2.7%
American Electric Power Co., Inc.		3,119		269,638
Constellation Energy Corp.		3,038		252,731
Duke Energy Corp.		4,242		394,591
Evergy, Inc.		5,221		310,127
Exelon Corp.		9,116		341,485
NextEra Energy, Inc.		13,086		1,026,073
PG&E Corp.(1)		55,575		694,688
PPL Corp.		6,725		170,479
Southern Co.		5,651		384,268
Xcel Energy, Inc.		4,893		313,152
				4,157,232
Electrical Equipment — 2.0%
AMETEK, Inc.		7,176		813,830
Eaton Corp. PLC		7,143		952,590
Generac Holdings, Inc.(1)		655		116,682
Regal Rexnord Corp.		3,105		435,818
Sensata Technologies Holding PLC		17,689		659,446
				2,978,366
Electronic Equipment, Instruments & Components — 0.5%
Amphenol Corp., Class A		3,845		257,461
TE Connectivity Ltd.		1,542		170,175
Zebra Technologies Corp., Class A(1)		1,390		364,194
				791,830

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN ALL CAP CORE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Energy Equipment & Services — 0.5%
Cactus, Inc., Class A		9,221	$	354,363
Schlumberger NV		11,366		408,039
				762,402
Entertainment — 1.7%
Electronic Arts, Inc.		6,269		725,386
ROBLOX Corp., Class A(1)		4,661		167,050
Take-Two Interactive Software, Inc.(1)		2,607		284,163
Walt Disney Co.(1)		10,586		998,577
Warner Bros Discovery, Inc.(1)		25,804		296,746
Warner Music Group Corp., Class A		4,645		107,811
				2,579,733
Equity Real Estate Investment Trusts (REITs) — 3.2%
AvalonBay Communities, Inc.		3,126		575,778
Broadstone Net Lease, Inc.		21,599		335,432
Empire State Realty Trust, Inc., Class A		42,814		280,860
Equinix, Inc.		845		480,670
Extra Space Storage, Inc.		2,562		442,483
Innovative Industrial Properties, Inc.		1,966		173,991
Rayonier, Inc.		20,398		611,328
SBA Communications Corp.		2,939		836,586
STORE Capital Corp.		27,017		846,443
Sun Communities, Inc.		1,814		245,489
				4,829,060
Food Products — 1.2%
Archer-Daniels-Midland Co.		6,244		502,330
J.M. Smucker Co.		2,045		281,003
Mondelez International, Inc., Class A		17,548		962,157
Oatly Group AB, ADR(1)		47,935		126,069
				1,871,559
Health Care Equipment & Supplies — 3.7%
Align Technology, Inc.(1)		625		129,444
Becton Dickinson and Co.		5,222		1,163,618
Boston Scientific Corp.(1)		39,023		1,511,361
Envista Holdings Corp.(1)		10,065		330,233
IDEXX Laboratories, Inc.(1)		583		189,941
Medtronic PLC		15,718		1,269,229
QuidelOrtho Corp.(1)		7,026		502,218
STERIS PLC		3,755		624,381
				5,720,425
Health Care Providers & Services — 2.9%
Cigna Corp.		8,079		2,241,680
Humana, Inc.		2,316		1,123,700
McKesson Corp.		3,242		1,101,859
				4,467,239
Hotels, Restaurants & Leisure — 2.2%
Booking Holdings, Inc.(1)		260		427,235
International Game Technology PLC		13,951		220,426
Las Vegas Sands Corp.(1)		2,514		94,325
Marriott International, Inc., Class A		2,959		414,674
Starbucks Corp.		17,722		1,493,256
Wendy’s Co.		38,224		714,406
				3,364,322

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN ALL CAP CORE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Household Products — 1.2%
Colgate-Palmolive Co.		9,421	$	661,825
Kimberly-Clark Corp.		4,444		500,128
Procter & Gamble Co.		5,671		715,964
				1,877,917
Industrial Conglomerates — 0.6%
Honeywell International, Inc.		5,351		893,457
				893,457
Insurance — 3.8%
Aon PLC, Class A		5,441		1,457,481
Arthur J Gallagher & Co.		5,549		950,100
Chubb Ltd.		5,691		1,035,079
Hartford Financial Services Group, Inc.		7,868		487,344
MetLife, Inc.		7,577		460,530
Primerica, Inc.		3,484		430,100
Reinsurance Group of America, Inc.		3,492		439,328
Willis Towers Watson PLC		2,761		554,795
				5,814,757
Interactive Media & Services — 3.6%
Alphabet, Inc., Class A(1)		58,206		5,567,404
				5,567,404
Internet & Direct Marketing Retail — 3.3%
Amazon.com, Inc.(1)		43,489		4,914,257
Vivid Seats, Inc., Class A		21,121		161,787
				5,076,044
IT Services — 4.5%
Accenture PLC, Class A		5,235		1,346,966
Amdocs Ltd.		6,050		480,673
Block, Inc.(1)		4,185		230,133
Fidelity National Information Services, Inc.		7,423		560,956
Fiserv, Inc.(1)		7,273		680,535
Gartner, Inc.(1)		802		221,905
Global Payments, Inc.		4,367		471,854
PayPal Holdings, Inc.(1)		2,638		227,053
Thoughtworks Holding, Inc.(1)		19,741		207,083
Visa, Inc., Class A		13,691		2,432,206
				6,859,364
Life Sciences Tools & Services — 1.6%
ICON PLC(1)		4,105		754,417
Maravai LifeSciences Holdings, Inc., Class A(1)		53,925		1,376,705
Oxford Nanopore Technologies PLC (United Kingdom)(1)		23,572		66,543
Syneos Health, Inc.(1)		6,350		299,403
				2,497,068
Machinery — 1.4%
Dover Corp.		3,870		451,165
Ingersoll Rand, Inc.		15,832		684,892
PACCAR, Inc.		6,122		512,350
Westinghouse Air Brake Technologies Corp.		5,784		470,529
				2,118,936
Media — 0.5%
Altice USA, Inc., Class A(1)		25,702		149,843
Cable One, Inc.		96		81,893
Liberty Broadband Corp., Class C(1)		7,174		529,441
				761,177

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN ALL CAP CORE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Multi-Utilities — 0.5%
CenterPoint Energy, Inc.		20,719	$	583,861
Dominion Energy, Inc.		3,345		231,173
				815,034
Multiline Retail — 1.8%
Dollar General Corp.		5,105		1,224,485
Dollar Tree, Inc.(1)		4,829		657,227
Target Corp.		6,316		937,231
				2,818,943
Oil, Gas & Consumable Fuels — 4.2%
Cheniere Energy, Inc.		2,627		435,846
ConocoPhillips		10,323		1,056,456
Diamondback Energy, Inc.		5,486		660,843
Enterprise Products Partners LP		13,660		324,835
Exxon Mobil Corp.		34,164		2,982,859
Hess Corp.		4,607		502,117
Valero Energy Corp.		4,247		453,792
				6,416,748
Pharmaceuticals — 5.5%
Eli Lilly and Co.		5,882		1,901,945
Johnson & Johnson		15,565		2,542,699
Merck & Co., Inc.		26,661		2,296,045
Organon & Co.		20,422		477,875
Zoetis, Inc.		7,884		1,169,118
				8,387,682
Professional Services — 0.9%
CACI International, Inc., Class A(1)		701		183,003
Clarivate PLC(1)		54,084		507,849
Dun & Bradstreet Holdings, Inc.		12,317		152,607
Equifax, Inc.		1,181		202,459
Jacobs Solutions, Inc.		787		85,382
Leidos Holdings, Inc.		2,133		186,573
				1,317,873
Road & Rail — 1.2%
Canadian Pacific Railway Ltd.		15,152		1,010,941
CSX Corp.		19,131		509,650
Saia, Inc.(1)		1,724		327,560
				1,848,151
Semiconductors & Semiconductor Equipment — 4.3%
Advanced Micro Devices, Inc.(1)		7,748		490,913
Analog Devices, Inc.		5,356		746,305
Applied Materials, Inc.		9,450		774,239
Broadcom, Inc.		3,064		1,360,447
Enphase Energy, Inc.(1)		926		256,937
Lam Research Corp.		1,712		626,592
Marvell Technology, Inc.		6,158		264,240
Monolithic Power Systems, Inc.		1,038		377,209
NXP Semiconductors NV		4,934		727,814
Texas Instruments, Inc.		6,410		992,140
				6,616,836
Software — 10.5%
Adobe, Inc.(1)		3,070		844,864
Atlassian Corp. PLC, Class A(1)		4,102		863,840
Black Knight, Inc.(1)		4,897		316,983
Cadence Design Systems, Inc.(1)		7,499		1,225,562
Check Point Software Technologies Ltd.(1)		1,995		223,480
Elastic NV(1)		3,085		221,318

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN ALL CAP CORE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Software — (continued)
Five9, Inc.(1)		2,045	$	153,334
Intuit, Inc.		1,131		438,059
Microsoft Corp.		37,719		8,784,755
Nice Ltd., ADR(1)		2,526		475,494
Rapid7, Inc.(1)		5,122		219,734
Salesforce, Inc.(1)		8,507		1,223,647
ServiceNow, Inc.(1)		2,879		1,087,139
				16,078,209
Specialty Retail — 1.7%
Home Depot, Inc.		6,923		1,910,332
Ross Stores, Inc.		7,173		604,469
				2,514,801
Technology Hardware, Storage & Peripherals — 6.5%
Apple, Inc.		71,842		9,928,564
				9,928,564
Textiles, Apparel & Luxury Goods — 0.6%
Lululemon Athletica, Inc.(1)		1,448		404,803
NIKE, Inc., Class B		3,438		285,766
On Holding AG, Class A(1)		9,156		146,954
Skechers USA, Inc., Class A(1)		4,646		147,371
				984,894
Tobacco — 0.4%
Philip Morris International, Inc.		7,660		635,857
				635,857
Wireless Telecommunication Services — 1.4%
T-Mobile US, Inc.(1)		15,908		2,134,376
				2,134,376
Total Common Stocks (Cost $173,316,252)				152,489,203
	Principal Amount		Value
Short–Term Investments — 0.4%
Repurchase Agreements — 0.4%
Fixed Income Clearing Corp., 0.83%, dated 9/30/2022, proceeds at maturity value of $607,708, due 10/3/2022(2)	$	607,666		607,666
Total Repurchase Agreements (Cost $607,666)				607,666
Total Investments — 100.1% (Cost $173,923,918)				153,096,869
Liabilities in excess of other assets — (0.1)%				(159,314	)
Total Net Assets — 100.0%			$	152,937,555

(1) Non–income–producing security.

(2) The table below presents collateral for repurchase agreements.

Security	Coupon			Maturity Date		Principal Amount		Value
U.S. Treasury Note		0.75	%		12/31/2023	$	647,300	$	619,891

Legend:

ADR – American Depositary Receipt

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN ALL CAP CORE VIP FUND

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN ALL CAP CORE VIP FUND

The following is a summary of the inputs used as of September 30, 2022 in valuing the Fund’s investments. For more information on valuation inputs, please refer to the Fair Value Measurements section of the accompanying Notes to Schedule of Investments.

	— Valuation Inputs —
Investments in Securities (unaudited)	Level 1		Level 2			Level 3		Total
Common Stocks	$	152,422,660	$	66,543	*	$	—	$	152,489,203
Repurchase Agreements		—		607,666			—		607,666
Total	$	152,422,660	$	674,209		$	—	$	153,096,869

^*  Consists of certain foreign securities whose values were determined by a pricing service using pricing models (See Notes to Schedule of Investments). These investments in securities were classified as Level 2 rather than Level 1.

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN BALANCED ALLOCATION VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — 62.6%
Aerospace & Defense — 1.4%
Boeing Co.(1)		3,390	$	410,461
General Dynamics Corp.		3,640		772,299
Lockheed Martin Corp.		2,001		772,966
Raytheon Technologies Corp.		11,654		953,997
				2,909,723
Air Freight & Logistics — 0.1%
FedEx Corp.		1,851		274,818
				274,818
Airlines — 0.2%
JetBlue Airways Corp.(1)		50,097		332,143
				332,143
Automobiles — 0.7%
Ford Motor Co.		19,892		222,791
Tesla, Inc.(1)		4,677		1,240,574
				1,463,365
Beverages — 1.4%
Constellation Brands, Inc., Class A		9,115		2,093,533
Monster Beverage Corp.(1)		10,561		918,385
				3,011,918
Biotechnology — 1.3%
Alkermes PLC(1)		3,509		78,356
Alnylam Pharmaceuticals, Inc.(1)		484		96,877
Apellis Pharmaceuticals, Inc.(1)		1,001		68,368
Ascendis Pharma A/S, ADR(1)		836		86,325
Biogen, Inc.(1)		747		199,449
Blueprint Medicines Corp.(1)		486		32,023
Celldex Therapeutics, Inc.(1)		1,250		35,138
Genmab A/S, ADR(1)		2,701		86,783
Horizon Therapeutics PLC(1)		1,251		77,424
Incyte Corp.(1)		1,695		112,955
Karuna Therapeutics, Inc.(1)		522		117,414
Mirati Therapeutics, Inc.(1)		493		34,431
Moderna, Inc.(1)		998		118,014
Myovant Sciences Ltd.(1)		8,493		152,534
PTC Therapeutics, Inc.(1)		1,179		59,186
Regeneron Pharmaceuticals, Inc.(1)		551		379,567
REVOLUTION Medicines, Inc.(1)		1,830		36,088
Sarepta Therapeutics, Inc.(1)		492		54,386
Seagen, Inc.(1)		1,243		170,080
Syndax Pharmaceuticals, Inc.(1)		1,308		31,431
United Therapeutics Corp.(1)		337		70,561
Vertex Pharmaceuticals, Inc.(1)		1,923		556,785
				2,654,175
Building Products — 0.5%
AZEK Co., Inc.(1)		9,456		157,159
Builders FirstSource, Inc.(1)		6,692		394,293
Fortune Brands Home & Security, Inc.		1,905		102,279
Johnson Controls International PLC		8,106		398,977
				1,052,708
Capital Markets — 4.0%
Ares Management Corp., Class A		25,620		1,587,159
Charles Schwab Corp.		23,502		1,689,089
CME Group, Inc.		2,296		406,691
Goldman Sachs Group, Inc.		4,112		1,205,022
Morgan Stanley		23,517		1,858,078
S&P Global, Inc.		5,407		1,651,027
				8,397,066

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN BALANCED ALLOCATION VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Chemicals — 1.7%
Cabot Corp.		7,201	$	460,072
Celanese Corp.		4,004		361,721
FMC Corp.		6,601		697,726
Ingevity Corp.(1)		2,802		169,885
Linde PLC		3,622		976,455
Livent Corp.(1)		7,140		218,841
PPG Industries, Inc.		5,437		601,822
				3,486,522
Commercial Services & Supplies — 0.3%
Aurora Innovation, Inc.(1)		19,829		43,822
Clean Harbors, Inc.(1)		1,570		172,668
Waste Connections, Inc.		2,613		353,095
				569,585
Communications Equipment — 0.4%
Arista Networks, Inc.(1)		8,393		947,486
				947,486
Construction & Engineering — 0.2%
Fluor Corp.(1)		15,356		382,211
				382,211
Consumer Finance — 0.1%
OneMain Holdings, Inc.		5,666		167,260
				167,260
Containers & Packaging — 0.1%
Ball Corp.		3,631		175,450
				175,450
Diversified Financial Services — 0.5%
Equitable Holdings, Inc.		30,526		804,360
Voya Financial, Inc.		3,606		218,163
				1,022,523
Diversified Telecommunication Services — 0.3%
AT&T, Inc.		36,810		564,665
				564,665
Electric Utilities — 1.8%
Duke Energy Corp.		13,128		1,221,167
Edison International		14,824		838,742
Exelon Corp.		21,783		815,991
FirstEnergy Corp.		25,220		933,140
				3,809,040
Electrical Equipment — 0.1%
AMETEK, Inc.		646		73,263
Emerson Electric Co.		1,984		145,268
				218,531
Energy Equipment & Services — 0.3%
Schlumberger NV		15,459		554,978
				554,978

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN BALANCED ALLOCATION VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Entertainment — 0.1%
Electronic Arts, Inc.		1,620	$	187,450
				187,450
Equity Real Estate Investment Trusts (REITs) — 1.3%
American Tower Corp.		3,144		675,017
AvalonBay Communities, Inc.		1,866		343,699
Rexford Industrial Realty, Inc.		11,895		618,540
Ryman Hospitality Properties, Inc.		6,658		489,962
Welltower, Inc.		9,992		642,685
				2,769,903
Food & Staples Retailing — 1.7%
Performance Food Group Co.(1)		60,830		2,612,649
Sysco Corp.		13,633		963,989
				3,576,638
Food Products — 1.2%
Archer-Daniels-Midland Co.		8,192		659,047
Hershey Co.		5,662		1,248,301
Kellogg Co.		7,564		526,908
				2,434,256
Health Care Equipment & Supplies — 1.8%
Align Technology, Inc.(1)		1,336		276,699
Baxter International, Inc.		9,555		514,632
Boston Scientific Corp.(1)		19,732		764,220
Dexcom, Inc.(1)		3,850		310,079
Edwards Lifesciences Corp.(1)		6,765		558,992
Inari Medical, Inc.(1)		1,137		82,592
Insulet Corp.(1)		1,301		298,449
Stryker Corp.		3,627		734,613
Teleflex, Inc.		1,319		265,726
				3,806,002
Health Care Providers & Services — 2.8%
agilon health, Inc.(1)		33,129		775,881
Centene Corp.(1)		10,254		797,864
Elevance Health, Inc.		1,872		850,337
HCA Healthcare, Inc.		3,265		600,074
Humana, Inc.		3,284		1,593,364
Laboratory Corp. of America Holdings		373		76,394
McKesson Corp.		1,307		444,210
UnitedHealth Group, Inc.		1,491		753,015
				5,891,139
Hotels, Restaurants & Leisure — 1.3%
Airbnb, Inc., Class A(1)		13,197		1,386,213
Hyatt Hotels Corp., Class A(1)		4,758		385,208
Starbucks Corp.		11,013		927,955
				2,699,376
Household Durables — 0.1%
D.R. Horton, Inc.		1,050		70,717
Lennar Corp., Class A		972		72,463
				143,180
Independent Power and Renewable Electricity Producers — 0.3%
AES Corp.		28,340		640,484
				640,484

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN BALANCED ALLOCATION VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Industrial Conglomerates — 0.4%
Honeywell International, Inc.		5,131	$	856,723
				856,723
Insurance — 2.4%
Allstate Corp.		3,419		425,768
American International Group, Inc.		20,205		959,334
Assurant, Inc.		2,105		305,793
Assured Guaranty Ltd.		8,368		405,430
Chubb Ltd.		5,273		959,053
Hartford Financial Services Group, Inc.		7,630		472,602
Marsh & McLennan Cos., Inc.		4,777		713,158
MetLife, Inc.		6,803		413,486
Trupanion, Inc.(1)		6,929		411,791
				5,066,415
Interactive Media & Services — 4.0%
Alphabet, Inc., Class A(1)		43,217		4,133,706
Bumble, Inc., Class A(1)		18,997		408,246
Cargurus, Inc.(1)		27,463		389,151
Match Group, Inc.(1)		5,343		255,128
Meta Platforms, Inc., Class A(1)		23,350		3,168,128
				8,354,359
Internet & Direct Marketing Retail — 3.5%
Amazon.com, Inc.(1)		53,326		6,025,838
Etsy, Inc.(1)		13,101		1,311,803
				7,337,641
IT Services — 2.4%
Block, Inc.(1)		6,043		332,305
FleetCor Technologies, Inc.(1)		1,532		269,892
Genpact Ltd.		7,596		332,477
Global Payments, Inc.		9,763		1,054,892
GoDaddy, Inc., Class A(1)		7,476		529,899
Okta, Inc.(1)		788		44,814
PayPal Holdings, Inc.(1)		7,988		687,527
Snowflake, Inc., Class A(1)		431		73,253
VeriSign, Inc.(1)		3,956		687,157
Visa, Inc., Class A		4,097		727,832
WEX, Inc.(1)		2,379		301,990
				5,042,038
Life Sciences Tools & Services — 1.8%
Agilent Technologies, Inc.		6,349		771,721
Danaher Corp.		5,975		1,543,282
ICON PLC(1)		1,278		234,871
Illumina, Inc.(1)		2,386		455,225
NanoString Technologies, Inc.(1)		5,491		70,120
Syneos Health, Inc.(1)		8,872		418,315
Waters Corp.(1)		749		201,878
				3,695,412
Machinery — 1.3%
Caterpillar, Inc.		2,112		346,537
Flowserve Corp.		9,880		240,084
Fortive Corp.		3,645		212,503
Ingersoll Rand, Inc.		7,068		305,762
Kennametal, Inc.		6,488		133,523
Middleby Corp.(1)		2,482		318,118
PACCAR, Inc.		4,422		370,077
Westinghouse Air Brake Technologies Corp.		8,694		707,257
				2,633,861

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN BALANCED ALLOCATION VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Media — 1.1%
Charter Communications, Inc., Class A(1)		2,233	$	677,381
New York Times Co., Class A		12,499		359,346
Omnicom Group, Inc.		20,535		1,295,553
				2,332,280
Oil, Gas & Consumable Fuels — 3.0%
BP PLC, ADR		37,117		1,059,690
ConocoPhillips		14,431		1,476,869
EOG Resources, Inc.		1,928		215,415
Marathon Petroleum Corp.		6,806		676,040
Pioneer Natural Resources Co.		1,502		325,228
Shell PLC, ADR		50,130		2,494,469
				6,247,711
Pharmaceuticals — 3.7%
Aclaris Therapeutics, Inc.(1)		2,094		32,960
AstraZeneca PLC, ADR		15,243		835,926
Bristol Myers Squibb Co.		16,376		1,164,170
Elanco Animal Health, Inc.(1)		14,667		182,018
Eli Lilly and Co.		6,987		2,259,246
GSK PLC, ADR		5,137		151,182
Intra-Cellular Therapies, Inc.(1)		2,493		115,999
Novartis AG, ADR		7,807		593,410
Pfizer, Inc.		42,033		1,839,364
Royalty Pharma PLC, Class A		1,332		53,520
Zoetis, Inc.		3,573		529,840
				7,757,635
Professional Services — 0.3%
Science Applications International Corp.		4,196		371,052
TriNet Group, Inc.(1)		3,239		230,682
				601,734
Semiconductors & Semiconductor Equipment — 2.4%
Advanced Micro Devices, Inc.(1)		11,407		722,748
Intel Corp.		5,056		130,293
KLA Corp.		1,757		531,721
Marvell Technology, Inc.		9,688		415,712
Micron Technology, Inc.		11,619		582,112
NVIDIA Corp.		2,470		299,833
ON Semiconductor Corp.(1)		10,441		650,788
Teradyne, Inc.		5,375		403,931
Texas Instruments, Inc.		7,807		1,208,367
				4,945,505
Software — 5.5%
Adobe, Inc.(1)		947		260,614
Ceridian HCM Holding, Inc.(1)		7,727		431,785
Guidewire Software, Inc.(1)		2,177		134,060
HashiCorp, Inc., Class A(1)		5,941		191,241
HubSpot, Inc.(1)		153		41,328
Microsoft Corp.		35,714		8,317,791
Palo Alto Networks, Inc.(1)		1,095		179,350
Qualtrics International, Inc., Class A(1)		6,962		70,873
Rapid7, Inc.(1)		908		38,953
Salesforce, Inc.(1)		5,827		838,156
SentinelOne, Inc., Class A(1)		2,692		68,807
ServiceNow, Inc.(1)		1,370		517,326

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN BALANCED ALLOCATION VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Software — (continued)
UiPath, Inc., Class A(1)		4,594	$	57,930
Varonis Systems, Inc.(1)		954		25,300
Workday, Inc., Class A(1)		1,626		247,510
				11,421,024
Specialty Retail — 0.6%
TJX Cos., Inc.		19,927		1,237,865
				1,237,865
Technology Hardware, Storage & Peripherals — 2.2%
Apple, Inc.		33,445		4,622,099
				4,622,099
Textiles, Apparel & Luxury Goods — 0.5%
NIKE, Inc., Class B		13,816		1,148,386
				1,148,386
Tobacco — 0.6%
Philip Morris International, Inc.		14,572		1,209,622
				1,209,622
Trading Companies & Distributors — 0.1%
United Rentals, Inc.(1)		235		63,478
WESCO International, Inc.(1)		2,011		240,073
				303,551
Wireless Telecommunication Services — 0.8%
T-Mobile US, Inc.(1)		12,378		1,660,756
				1,660,756
Total Common Stocks (Cost $148,069,490)				130,617,212
	Principal Amount		Value
Agency Mortgage–Backed Securities — 10.1%
Federal Home Loan Mortgage Corp.
2.00% due 4/1/2052	$	1,379,625		1,121,376
2.50% due 7/1/2041		415,245		357,043
2.50% due 2/1/2042		603,725		519,666
3.00% due 10/1/2051		323,591		283,086
4.50% due 7/1/2052		749,994		714,214
Federal National Mortgage Association
2.00% due 2/1/2051		427,242		347,745
2.50% due 2/1/2041		73,094		62,870
2.50% due 5/1/2051		1,305,475		1,099,631
3.50% due 4/1/2050		367,666		332,959
3.50% due 7/1/2051		589,843		533,981
4.50% due 8/1/2052		1,499,996		1,429,947
Freddie Mac Multifamily Structured Pass-Through Certificates
K1522 A2
2.361% due 10/25/2036		500,000		379,499
Government National Mortgage Association
2.00% due 10/20/2052(2)		700,000		581,337
2.50% due 10/20/2052(2)		1,147,000		983,073
3.00% due 10/20/2052(2)		1,100,000		969,987
3.50% due 10/20/2052(2)		700,000		635,080
4.00% due 10/20/2052(2)		725,000		676,097
4.50% due 10/20/2052(2)		200,000		191,166

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN BALANCED ALLOCATION VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Agency Mortgage–Backed Securities — (continued)
Uniform Mortgage-Backed Security
2.00% due 10/13/2052(2)	$	3,175,000	$	2,566,784
2.50% due 10/18/2037(2)		525,000		474,992
2.50% due 10/13/2052(2)		2,500,000		2,097,590
3.00% due 10/13/2052(2)		1,625,000		1,411,720
3.50% due 10/18/2037(2)		75,000		70,863
3.50% due 10/13/2052(2)		545,000		489,798
4.00% due 10/13/2052(2)		850,000		787,774
4.50% due 10/13/2052(2)		1,365,000		1,298,859
5.00% due 10/13/2052(2)		710,000		691,646
Total Agency Mortgage–Backed Securities (Cost $22,138,967)				21,108,783
Asset–Backed Securities — 0.2%
New Economy Assets Phase 1 Sponsor LLC
2021-1 A1
1.91% due 10/20/2061(3)		235,000		200,991
Vantage Data Centers Issuer LLC
2021-1A A2
2.165% due 10/15/2046(3)		200,000		173,039
Total Asset–Backed Securities (Cost $397,876)				374,030
Corporate Bonds & Notes — 8.9%
Aerospace & Defense — 0.2%
BAE Systems Holdings, Inc.
3.85% due 12/15/2025(3)		420,000		400,101
Raytheon Technologies Corp.
3.95% due 8/16/2025		88,000		85,827
				485,928
Agriculture — 0.2%
BAT Capital Corp.
3.557% due 8/15/2027		526,000		461,870
				461,870
Airlines — 0.0%
United Airlines Pass-Through Trust
2016-1 AA
3.10% due 7/7/2028		44,170		37,573
				37,573
Auto Manufacturers — 0.1%
Hyundai Capital America
0.80% due 4/3/2023(3)		221,000		216,262
				216,262
Commercial Banks — 2.2%
Bank of America Corp.
1.734% (1.734% fixed rate until 7/22/2026; SOFR + 0.96% thereafter) due 7/22/2027(4)		256,000		219,617
2.299% (2.299% fixed rate until 7/21/2031; SOFR + 1.22% thereafter) due 7/21/2032(4)		185,000		138,430
Barclays PLC
2.894% (2.894% fixed rate until 11/24/2031; H15T1Y + 1.30% thereafter) due 11/24/2032(4)		212,000		153,418
BPCE SA
5.15% due 7/21/2024(3)		353,000		344,210

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN BALANCED ALLOCATION VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Commercial Banks — (continued)
Citigroup, Inc.
3.50% due 5/15/2023	$	176,000	$	174,712
Credit Suisse Group AG
3.091% (3.091% fixed rate until 5/14/2031; SOFR + 1.73% thereafter) due 5/14/2032(3)(4)		544,000		382,492
6.442% (6.442% fixed rate until 8/11/2027; SOFR + 3.70% thereafter) due 8/11/2028(3)(4)		330,000		306,949
Danske Bank A/S
1.621% (1.621% fixed rate until 9/11/2025; H15T1Y + 1.35% thereafter) due 9/11/2026(3)(4)		256,000		221,248
Goldman Sachs Group, Inc.
1.431% (1.431% fixed rate until 3/9/2026; SOFR + 0.80% thereafter) due 3/9/2027(4)		291,000		250,464
3.50% due 1/23/2025		500,000		480,555
HSBC Holdings PLC
1.589% (1.589% fixed rate until 5/24/2026; SOFR + 1.29% thereafter) due 5/24/2027(4)		291,000		243,253
2.099% (2.099% fixed rate until 6/4/2025; SOFR + 1.93% thereafter) due 6/4/2026(4)		445,000		398,809
2.206% (2.206% fixed rate until 8/17/2028; SOFR + 1.29% thereafter) due 8/17/2029(4)		250,000		194,257
Morgan Stanley
1.928% (1.928% fixed rate until 4/28/2031; SOFR + 1.02% thereafter) due 4/28/2032(4)		123,000		90,447
2.511% (2.511% fixed rate until 10/20/2031; SOFR + 1.20% thereafter) due 10/20/2032(4)		644,000		492,943
4.35% due 9/8/2026		268,000		255,932
PNC Financial Services Group, Inc.
3.90% due 4/29/2024		29,000		28,577
UBS Group AG
1.494% (1.494% fixed rate until 8/10/2026; H15T1Y + 0.85% thereafter) due 8/10/2027(3)(4)		226,000		189,856
Wells Fargo & Co.
3.00% due 2/19/2025		88,000		83,625
				4,649,794
Computers — 0.1%
Kyndryl Holdings, Inc.
3.15% due 10/15/2031		309,000		204,351
				204,351

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN BALANCED ALLOCATION VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Diversified Financial Services — 0.6%
Aviation Capital Group LLC
1.95% due 9/20/2026(3)	$	241,000	$	195,193
Avolon Holdings Funding Ltd.
2.528% due 11/18/2027(3)		328,000		259,382
Capital One Financial Corp.
4.20% due 10/29/2025		62,000		59,489
Intercontinental Exchange, Inc.
4.00% due 9/15/2027		234,000		221,891
4.35% due 6/15/2029		590,000		557,727
				1,293,682
Electric — 1.6%
Alabama Power Co.
20-A
1.45% due 9/15/2030		18,000		13,768
American Transmission Systems, Inc.
2.65% due 1/15/2032(3)		171,000		134,933
Appalachian Power Co.
3.40% due 6/1/2025		118,000		113,294
Consolidated Edison Co. of New York, Inc.
3.20% due 12/1/2051		123,000		81,724
4.50% due 5/15/2058		155,000		122,070
Duke Energy Corp.
2.65% due 9/1/2026		41,000		37,195
3.75% due 4/15/2024		132,000		129,759
4.50% due 8/15/2032		560,000		506,498
5.00% due 8/15/2052		45,000		38,438
Enel Finance International NV
5.00% due 6/15/2032(3)		385,000		329,002
Georgia Power Co.
4.75% due 9/1/2040		38,000		31,725
5.125% due 5/15/2052		505,000		456,283
ITC Holdings Corp.
4.95% due 9/22/2027(3)		70,000		68,275
Mid-Atlantic Interstate Transmission LLC
4.10% due 5/15/2028(3)		235,000		217,685
Niagara Mohawk Power Corp.
1.96% due 6/27/2030(3)		197,000		152,208
Oglethorpe Power Corp.
4.50% due 4/1/2047(3)		255,000		199,790
Oncor Electric Delivery Co. LLC
3.70% due 11/15/2028		172,000		159,482
Pacific Gas and Electric Co.
5.90% due 6/15/2032		115,000		104,952
Pennsylvania Electric Co.
3.60% due 6/1/2029(3)		34,000		30,248
Southern California Edison Co.
3.70% due 8/1/2025		26,000		25,005
4.00% due 4/1/2047		29,000		21,196
4.65% due 10/1/2043		12,000		9,856
Southern Co.
2.95% due 7/1/2023		171,000		168,750
Texas Electric Market Stabilization Funding LLC
4.265% due 8/1/2034(3)		215,000		208,017
				3,360,153

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN BALANCED ALLOCATION VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Gas — 0.2%
Boston Gas Co.
3.15% due 8/1/2027(3)	$	35,000	$	31,141
CenterPoint Energy Resources Corp.
3.60% (LIBOR 3 Month + 0.50%) due 3/2/2023(4)		4,000		3,992
KeySpan Gas East Corp.
2.742% due 8/15/2026(3)		162,000		144,705
Southern California Gas Co.
2.95% due 4/15/2027		165,000		150,671
				330,509
Healthcare-Services — 0.5%
Aetna, Inc.
2.80% due 6/15/2023		123,000		121,339
Bon Secours Mercy Health, Inc.
2.095% due 6/1/2031		200,000		155,510
CommonSpirit Health
2.782% due 10/1/2030		165,000		131,503
3.91% due 10/1/2050		35,000		24,946
Elevance Health, Inc.
2.375% due 1/15/2025		430,000		405,632
3.50% due 8/15/2024		44,000		42,989
Kaiser Foundation Hospitals
3.002% due 6/1/2051		100,000		66,076
Sutter Health
2.294% due 8/15/2030		50,000		40,221
UnitedHealth Group, Inc.
4.20% due 5/15/2032		75,000		69,733
4.75% due 5/15/2052		10,000		8,942
				1,066,891
Insurance — 0.9%
Athene Global Funding
1.716% due 1/7/2025(3)		445,000		406,054
2.50% due 3/24/2028(3)		382,000		317,996
CNO Global Funding
2.65% due 1/6/2029(3)		312,000		259,362
Corebridge Financial, Inc.
3.90% due 4/5/2032(3)		465,000		392,413
Equitable Financial Life Global Funding
1.40% due 8/27/2027(3)		162,000		134,536
Five Corners Funding Trust II
2.85% due 5/15/2030(3)		100,000		83,028
Liberty Mutual Group, Inc.
5.50% due 6/15/2052(3)		360,000		313,830
Northwestern Mutual Life Insurance Co.
3.625% due 9/30/2059(3)		18,000		12,442
				1,919,661
Media — 0.4%
Charter Communications Operating LLC / Charter Communications Operating Capital
2.25% due 1/15/2029		125,000		97,839
2.80% due 4/1/2031		290,000		220,031
Comcast Corp.
3.95% due 10/15/2025		620,000		603,068
				920,938
Miscellaneous Manufacturing — 0.1%
Eaton Corp.
4.15% due 3/15/2033		90,000		81,308
4.70% due 8/23/2052		20,000		17,565
				98,873

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN BALANCED ALLOCATION VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Oil & Gas — 0.4%
Equinor ASA
3.00% due 4/6/2027	$	359,000	$	332,154
3.125% due 4/6/2030		24,000		21,091
Hess Corp.
5.60% due 2/15/2041		85,000		74,499
7.30% due 8/15/2031		271,000		286,504
				714,248
Pipelines — 0.2%
Eastern Gas Transmission & Storage, Inc.
3.60% due 12/15/2024		24,000		23,108
Energy Transfer LP
4.95% due 6/15/2028		12,000		11,215
Enterprise Products Operating LLC
3.20% due 2/15/2052		29,000		18,554
Gray Oak Pipeline LLC
2.60% due 10/15/2025(3)		85,000		76,350
3.45% due 10/15/2027(3)		15,000		13,223
Sabine Pass Liquefaction LLC
4.50% due 5/15/2030		385,000		350,839
				493,289
Semiconductors — 0.4%
Broadcom, Inc.
2.60% due 2/15/2033(3)		350,000		250,677
3.419% due 4/15/2033(3)		176,000		135,034
4.30% due 11/15/2032		29,000		24,428
Intel Corp.
4.15% due 8/5/2032		210,000		191,663
QUALCOMM, Inc.
4.25% due 5/20/2032		175,000		165,267
				767,069
Software — 0.1%
Oracle Corp.
3.25% due 11/15/2027		82,000		73,050
3.60% due 4/1/2050		118,000		73,828
3.85% due 4/1/2060		41,000		24,780
3.95% due 3/25/2051		147,000		97,589
				269,247
Telecommunications — 0.4%
AT&T, Inc.
3.65% due 6/1/2051		95,000		64,786
3.85% due 6/1/2060		19,000		12,782
4.30% due 12/15/2042		26,000		20,573
Verizon Communications, Inc.
2.355% due 3/15/2032		402,000		309,142
2.625% due 8/15/2026		440,000		400,224
				807,507
Trucking & Leasing — 0.3%
DAE Funding LLC
1.55% due 8/1/2024(3)		294,000		268,698
Penske Truck Leasing Co. LP / PTL Finance Corp.
2.70% due 11/1/2024(3)		65,000		61,204
3.95% due 3/10/2025(3)		203,000		194,848
				524,750
Total Corporate Bonds & Notes (Cost $20,058,014)				18,622,595

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN BALANCED ALLOCATION VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Municipals — 0.5%
Chicago Transit Authority Sales & Transfer Tax Receipts Revenue
Series A
6.899% due 12/1/2040	$	50,000	$	55,403
Dallas Fort Worth International Airport
Series A
4.087% due 11/1/2051		100,000		82,305
Metropolitan Transportation Authority
Series C2
5.175% due 11/15/2049		105,000		95,018
Municipal Electric Authority of Georgia
6.637% due 4/1/2057		150,000		157,620
Regents of the University of California Medical Center Pooled Revenue
3.006% due 5/15/2050		125,000		82,850
State of Illinois
5.10% due 6/1/2033		700,000		665,406
Total Municipals (Cost $1,258,681)				1,138,602
Non–Agency Mortgage–Backed Securities — 1.0%
BX Commercial Mortgage Trust
2021-VOLT A
3.518% due 9/15/2036(3)(4)(5)		425,000		411,755
BXHPP Trust
2021-FILM A
3.468% due 8/15/2036(3)(4)(5)		225,000		216,435
Fannie Mae REMICS
2013-36 Z 3.00% due 4/25/2043		258,899		236,127
2013-83 NZ 3.50% due 8/25/2043		274,059		255,737
2020-27 HC 1.50% due 10/25/2049		447,670		357,672
Freddie Mac Multifamily WI Certificates
K150 A2
3.71% due 11/25/2032		78,000		72,465
Freddie Mac REMICS
5170 DP
2.00% due 7/25/2050		278,000		239,107
Freddie Mac REMICS
3967 ZP
4.00% due 9/15/2041		269,356		257,570
Total Non–Agency Mortgage–Backed Securities (Cost $2,157,630)				2,046,868
U.S. Government Securities — 14.3%
U.S. Treasury Bond
2.25% due 2/15/2052		3,190,000		2,316,239
2.375% due 2/15/2042		5,275,000		4,041,969
2.875% due 5/15/2052		500,000		419,141
3.00% due 8/15/2052		220,000		189,887
3.25% due 5/15/2042		25,000		22,184
3.375% due 8/15/2042		575,000		520,914
U.S. Treasury Note
2.50% due 4/30/2024		4,990,000		4,850,436
2.625% due 4/15/2025		5,640,000		5,415,722
2.625% due 5/31/2027		210,000		197,137
2.75% due 4/30/2027		7,595,000		7,168,375
2.75% due 7/31/2027		195,000		183,635
2.75% due 5/31/2029		150,000		138,961

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN BALANCED ALLOCATION VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
U.S. Government Securities — (continued)
2.75% due 8/15/2032	$	1,225,000	$	1,120,683
2.875% due 4/30/2029		20,000		18,675
3.125% due 8/15/2025		280,000		271,425
3.125% due 8/31/2027		895,000		858,571
3.25% due 8/31/2024		815,000		800,260
3.25% due 6/30/2027		520,000		501,231
3.25% due 6/30/2029		520,000		497,169
3.50% due 9/15/2025		300,000		293,906
Total U.S. Government Securities (Cost $31,762,018)				29,826,520
Short–Term Investments — 10.6%
U.S. Treasury Bills — 0.3%
U.S. Treasury Bill
3.706% due 4/20/2023(6)		554,300		543,247
Total U.S. Treasury Bills (Cost $548,110)				543,247
Repurchase Agreements — 10.3%
Fixed Income Clearing Corp., 0.83%, dated 9/30/2022, proceeds at maturity value of $21,515,546, due 10/3/2022(7)		21,514,058		21,514,058
Total Repurchase Agreements (Cost $21,514,058)				21,514,058
Total Investments — 108.2% (Cost $247,904,844)				225,791,915
Liabilities in excess of other assets(8) — (8.2)%				(17,126,324	)
Total Net Assets — 100.0%			$	208,665,591

(1) Non–income–producing security.

(2) TBA — To be announced.

(3) Securities that may be resold in transactions exempt from registration under Rule 144A of the Securities Act of 1933, as amended, normally to certain qualified buyers. At September 30, 2022, the aggregate market value of these securities amounted to $7,953,612, representing 3.8% of net assets. These securities have been deemed liquid by the investment adviser pursuant to the Fund’s liquidity procedures approved by the Board of Trustees.

(4) Variable rate securities, which may include step-up bonds or adjustable rate mortgages. The rate shown is the rate in effect at September 30, 2022.

(5) Variable coupon rate based on weighted average interest rate of underlying mortgages.

(6) Interest rate shown reflects the discount rate at time of purchase.

(7) The table below presents collateral for repurchase agreements.

Security	Coupon			Maturity Date		Principal Amount		Value
U.S. Treasury Note		0.75	%		12/31/2023	$	22,914,700	$	21,944,400

(8) Liabilities in excess of other assets include net unrealized depreciation on futures contracts as follows:

Open futures contracts at September 30, 2022:

Type	Expiration		Contracts		Position		Notional Amount		Notional Value		Unrealized Appreciation (Depreciation)
U.S. 10-Year Treasury Note		December 2022		2		Long	$	230,004	$	224,125	$	(5,879	)
U.S. 5-Year Treasury Note		December 2022		15		Long		1,633,993		1,612,617		(21,376	)
U.S. Ultra 10-Year Treasury Note		December 2022		2		Long		235,160		236,969		1,809
Total							$	2,099,157	$	2,073,711	$	(25,446	)

Legend:

ADR – American Depositary Receipt

H15T1Y – 1-year Constant Maturity Treasury Rate

LIBOR – London Interbank Offered Rate

SOFR – Secured Overnight Financing Rate

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN BALANCED ALLOCATION VIP FUND

The following is a summary of the inputs used as of September 30, 2022 in valuing the Fund’s investments. For more information on valuation inputs, please refer to the Fair Value Measurements section of the accompanying Notes to Schedule of Investments.

	— Valuation Inputs —
Investments in Securities (unaudited)	Level 1			Level 2		Level 3		Total
Common Stocks	$	130,617,212		$	—	$	—	$	130,617,212
Agency Mortgage–Backed Securities		—			21,108,783		—		21,108,783
Asset–Backed Securities		—			374,030		—		374,030
Corporate Bonds & Notes		—			18,622,595		—		18,622,595
Municipals		—			1,138,602		—		1,138,602
Non–Agency Mortgage–Backed Securities		—			2,046,868		—		2,046,868
U.S. Government Securities		—			29,826,520		—		29,826,520
U.S. Treasury Bills		—			543,247		—		543,247
Repurchase Agreements		—			21,514,058		—		21,514,058
Total	$	130,617,212		$	95,174,703	$	—	$	225,791,915
Other Financial Instruments
Futures Contracts
Assets	$	1,809		$	—	$	—	$	1,809
Liabilities		(27,255	)		—		—		(27,255	)
Total	$	(25,446	)	$	—	$	—	$	(25,446	)

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE FIXED INCOME VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Agency Mortgage–Backed Securities — 6.7%
Federal Home Loan Mortgage Corp.
3.00% due 3/1/2052	$	2,882,357	$	2,507,456
3.50% due 6/1/2052		6,846,818		6,161,012
4.00% due 10/1/2037		500,000		482,795
4.00% due 6/1/2052		3,273,241		3,035,843
Federal National Mortgage Association
3.00% due 5/1/2052		1,552,724		1,350,384
3.00% due 5/1/2052		8,425,106		7,327,209
3.50% due 6/1/2052		5,101,752		4,590,561
4.00% due 6/1/2052		5,092,601		4,723,196
Uniform Mortgage-Backed Security
4.50% due 10/13/2052(1)		500,000		475,773
Total Agency Mortgage–Backed Securities (Cost $33,139,188)				30,654,229
Asset–Backed Securities — 16.3%
Aligned Data Centers Issuer LLC
2021-1A A2
1.937% due 8/15/2046(2)		2,016,000		1,731,612
Ally Auto Receivables Trust
2022-1 A3
3.31% due 11/15/2026		3,850,000		3,741,364
AmeriCredit Automobile Receivables Trust
2020-3 C
1.06% due 8/18/2026		2,625,000		2,455,900
Anchorage Capital CLO 21 Ltd.
2021-21A B
4.46% (LIBOR 3 Month + 1.75%) due 10/20/2034(2)(3)		1,750,000		1,633,975
Ares XXVII CLO Ltd.
2013-2A BR2
4.443% (LIBOR 3 Month + 1.65%) due 10/28/2034(2)(3)		2,000,000		1,848,200
Ares XXVIIIR CLO Ltd.
2018-28RA A2
4.14% (LIBOR 3 Month + 1.40%) due 10/17/2030(2)(3)		2,400,000		2,259,600
BA Credit Card Trust
2020-A1 A1
0.34% due 5/15/2026		3,850,000		3,656,046
Benefit Street Partners CLO XVI Ltd.
2018-16A BR
4.29% (LIBOR 3 Month + 1.55%) due 1/17/2032(2)(3)		2,800,000		2,644,040
BMW Vehicle Owner Trust
2022-A A3
3.21% due 8/25/2026		2,500,000		2,434,116
Canyon Capital CLO Ltd.
2022-1A B
2.381% (SOFR + 1.85%) due 4/15/2035(2)(3)		2,000,000		1,865,200
CarMax Auto Owner Trust
2020-4 B
0.85% due 6/15/2026		2,200,000		2,023,296
Dryden Senior Loan Fund
2017-47A CR
4.562% (LIBOR 3 Month + 2.05%) due 4/15/2028(2)(3)		2,100,000		2,033,430
Exeter Automobile Receivables Trust
2022-2A A3
2.80% due 11/17/2025		2,450,000		2,410,797

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE FIXED INCOME VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Asset–Backed Securities — (continued)
Ford Credit Auto Owner Trust
2020-1 A
2.04% due 8/15/2031(2)	$	2,400,000	$	2,232,877
Ford Credit Floorplan Master Owner Trust
2020-2 A
1.06% due 9/15/2027		2,600,000		2,328,818
GM Financial Automobile Leasing Trust
2022-2 A3
3.42% due 6/20/2025		2,760,000		2,710,000
GM Financial Consumer Automobile Receivables Trust
2020-4 A4
0.50% due 2/17/2026		3,579,000		3,357,377
Hertz Vehicle Financing III LLC
2022-3A A
3.37% due 3/25/2025(2)		2,140,000		2,090,390
Hyundai Auto Lease Securitization Trust
2022-B A3
3.35% due 6/16/2025(2)		2,800,000		2,742,529
Hyundai Auto Receivables Trust
2022-A A3
2.22% due 10/15/2026		2,650,000		2,541,882
Jamestown CLO XI Ltd.
2018-11A A2
4.183% (LIBOR 3 Month + 1.70%) due 7/14/2031(2)(3)		2,800,000		2,664,200
Master Credit Card Trust
2021-1A A
0.53% due 11/21/2025(2)		3,120,000		2,899,578
Neuberger Berman Loan Advisers CLO 26 Ltd.
2017-26A BR
4.14% (LIBOR 3 Month + 1.40%) due 10/18/2030(2)(3)		1,050,000		991,515
OHA Credit Partners XIV Ltd.
2017-14A B
4.232% (LIBOR 3 Month + 1.50%) due 1/21/2030(2)(3)		2,000,000		1,903,400
Santander Drive Auto Receivables Trust
2022-3 A3
3.40% due 12/15/2026		2,800,000		2,747,203
Synchrony Card Funding LLC
2022-A1 A
3.37% due 4/15/2028		3,100,000		3,004,109
Toyota Auto Loan Extended Note Trust
2021-1A A
1.07% due 2/27/2034(2)		2,175,000		1,921,701
Verizon Owner Trust
2020-C A
0.41% due 4/21/2025		2,800,000		2,742,575
Volkswagen Auto Lease Trust
2020-A A4
0.45% due 7/21/2025		2,400,000		2,347,508
Voya CLO Ltd.
2015-3A A3R
4.41% (LIBOR 3 Month + 1.70%) due 10/20/2031(2)(3)		2,000,000		1,886,800

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE FIXED INCOME VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Asset–Backed Securities — (continued)
World Omni Auto Receivables Trust
2021-B A4
0.69% due 6/15/2027	$	2,800,000	$	2,565,850
Total Asset–Backed Securities (Cost $76,751,551)				74,415,888
Corporate Bonds & Notes — 25.3%
Aerospace & Defense — 0.4%
Boeing Co.
5.15% due 5/1/2030		900,000		833,391
5.805% due 5/1/2050		300,000		261,060
Northrop Grumman Corp.
5.25% due 5/1/2050		600,000		574,170
				1,668,621
Agriculture — 0.6%
Cargill, Inc.
2.125% due 11/10/2031(2)		3,600,000		2,804,508
				2,804,508
Apparel — 0.2%
NIKE, Inc.
2.85% due 3/27/2030		1,200,000		1,044,324
				1,044,324
Beverages — 0.6%
Anheuser-Busch InBev Worldwide, Inc.
3.50% due 6/1/2030		1,200,000		1,070,688
PepsiCo, Inc.
1.95% due 10/21/2031		2,100,000		1,671,327
				2,742,015
Commercial Banks — 5.0%
Bank of America Corp.
4.271% (4.271% fixed rate until 7/23/2028; LIBOR 3 Month + 1.31% thereafter) due 7/23/2029(3)		6,500,000		5,930,015
Credit Suisse Group AG
4.207% (4.207% fixed rate until 6/12/2023; LIBOR 3 Month + 1.24% thereafter) due 6/12/2024(2)(3)		800,000		783,488
Goldman Sachs Group, Inc.
4.223% (4.223% fixed rate until 5/1/2028; LIBOR 3 Month + 1.30% thereafter) due 5/1/2029(3)		2,000,000		1,821,260
4.387% (4.387% fixed rate until 6/15/2026; SOFR + 1.51% thereafter) due 6/15/2027(3)		200,000		190,504
Huntington National Bank
4.552% (4.552% fixed rate until 5/17/2027; SOFR + 1.65% thereafter) due 5/17/2028(3)		2,400,000		2,309,160
JPMorgan Chase & Co.
4.203% (4.203% fixed rate until 7/23/2028; LIBOR 3 Month + 1.26% thereafter) due 7/23/2029(3)		5,100,000		4,639,164

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE FIXED INCOME VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Commercial Banks — (continued)
Mitsubishi UFJ Financial Group, Inc.
5.354% (5.354% fixed rate until 9/13/2027; H15T1Y + 1.90% thereafter) due 9/13/2028(3)	$	500,000	$	487,430
Morgan Stanley
3.772% (3.772% fixed rate until 1/24/2028; LIBOR 3 Month + 1.14% thereafter) due 1/24/2029(3)		5,400,000		4,866,102
UBS Group AG
4.751% (4.751% fixed rate until 5/12/2027; H15T1Y + 1.75% thereafter) due 5/12/2028(2)(3)		1,700,000		1,595,654
				22,622,777
Computers — 0.2%
Apple, Inc.
2.65% due 2/8/2051		500,000		328,090
2.90% due 9/12/2027		700,000		645,876
				973,966
Cosmetics & Personal Care — 0.8%
Estee Lauder Cos., Inc.
2.60% due 4/15/2030		2,300,000		1,951,251
GSK Consumer Healthcare Capital U.S. LLC
3.625% due 3/24/2032(2)		1,900,000		1,609,376
				3,560,627
Diversified Financial Services — 0.6%
AerCap Ireland Capital DAC / AerCap Global Aviation Trust
2.45% due 10/29/2026		1,600,000		1,352,720
3.00% due 10/29/2028		550,000		443,421
Capital One Financial Corp.
4.927% (4.927% fixed rate until 5/10/2027; SOFR + 2.06% thereafter) due 5/10/2028(3)		900,000		856,674
				2,652,815
Electric — 1.2%
Alabama Power Co.
3.94% due 9/1/2032		1,000,000		901,370
Consumers Energy Co.
3.60% due 8/15/2032		700,000		625,569
4.20% due 9/1/2052		600,000		498,726
Duke Energy Corp.
3.50% due 6/15/2051		1,700,000		1,146,599
NextEra Energy Capital Holdings, Inc.
5.00% due 7/15/2032		700,000		669,123
Tampa Electric Co.
5.00% due 7/15/2052		1,300,000		1,188,161
Wisconsin Public Service Corp.
2.85% due 12/1/2051		800,000		516,416
				5,545,964
Electronics — 0.4%
Honeywell International, Inc.
1.75% due 9/1/2031		2,200,000		1,717,936
				1,717,936

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE FIXED INCOME VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Entertainment — 0.2%
Warnermedia Holdings, Inc.
4.279% due 3/15/2032(2)	$	1,200,000	$	988,032
				988,032
Environmental Control — 0.5%
Waste Management, Inc.
4.15% due 4/15/2032		2,700,000		2,499,768
				2,499,768
Food — 0.6%
Kraft Heinz Foods Co.
3.75% due 4/1/2030		1,400,000		1,234,002
Kroger Co.
1.70% due 1/15/2031		1,800,000		1,353,114
				2,587,116
Healthcare-Products — 0.4%
Abbott Laboratories
4.75% due 11/30/2036		2,000,000		1,953,700
				1,953,700
Healthcare-Services — 0.3%
UnitedHealth Group, Inc.
2.30% due 5/15/2031		1,700,000		1,367,480
				1,367,480
Insurance — 1.6%
Athene Holding Ltd.
3.50% due 1/15/2031		1,500,000		1,200,570
Chubb INA Holdings, Inc.
1.375% due 9/15/2030		2,300,000		1,737,121
CNA Financial Corp.
2.05% due 8/15/2030		1,400,000		1,070,720
Hartford Financial Services Group, Inc.
2.80% due 8/19/2029		1,900,000		1,603,296
MetLife, Inc.
4.55% due 3/23/2030		400,000		383,440
5.00% due 7/15/2052		300,000		273,510
Willis North America, Inc.
2.95% due 9/15/2029		1,330,000		1,094,178
				7,362,835
Internet — 0.3%
Amazon.com, Inc.
1.65% due 5/12/2028		1,700,000		1,444,609
				1,444,609
Machinery-Construction & Mining — 0.2%
Caterpillar, Inc.
2.60% due 4/9/2030		1,000,000		853,290
				853,290
Machinery-Diversified — 0.9%
John Deere Capital Corp.
4.35% due 9/15/2032		4,200,000		3,993,150
				3,993,150
Media — 0.4%
Charter Communications Operating LLC / Charter Communications Operating Capital
2.25% due 1/15/2029		800,000		626,168
3.90% due 6/1/2052		800,000		499,144
Comcast Corp.
1.95% due 1/15/2031		900,000		699,408
2.887% due 11/1/2051		400,000		249,848
				2,074,568

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE FIXED INCOME VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Miscellaneous Manufacturing — 1.1%
Parker-Hannifin Corp.
4.25% due 9/15/2027	$	4,300,000	$	4,095,406
4.50% due 9/15/2029		1,100,000		1,041,172
				5,136,578
Oil & Gas — 1.8%
BP Capital Markets America, Inc.
3.06% due 6/17/2041		200,000		143,034
3.633% due 4/6/2030		2,200,000		1,978,988
Cenovus Energy, Inc.
2.65% due 1/15/2032		400,000		309,124
3.75% due 2/15/2052		700,000		474,348
Hess Corp.
4.30% due 4/1/2027		3,700,000		3,476,113
Marathon Oil Corp.
4.40% due 7/15/2027		2,000,000		1,868,160
				8,249,767
Pharmaceuticals — 1.4%
AbbVie, Inc.
4.25% due 11/21/2049		1,500,000		1,203,630
Bristol Myers Squibb Co.
2.95% due 3/15/2032		3,300,000		2,832,819
3.70% due 3/15/2052		500,000		383,830
Pfizer, Inc.
1.75% due 8/18/2031		2,500,000		1,954,525
				6,374,804
Pipelines — 0.7%
Kinder Morgan, Inc.
4.80% due 2/1/2033		2,300,000		2,063,629
ONEOK, Inc.
6.35% due 1/15/2031		1,300,000		1,275,586
				3,339,215
Real Estate Investment Trusts (REITs) — 1.5%
Essex Portfolio LP
1.70% due 3/1/2028		1,200,000		973,236
Kimco Realty Corp.
4.60% due 2/1/2033		1,800,000		1,627,614
Mid-America Apartments LP
3.95% due 3/15/2029		1,300,000		1,183,858
Prologis LP
2.25% due 4/15/2030		1,600,000		1,307,488
Simon Property Group LP
2.20% due 2/1/2031		2,100,000		1,612,653
				6,704,849
Retail — 0.6%
AutoZone, Inc.
3.75% due 6/1/2027		1,600,000		1,501,440
O’Reilly Automotive, Inc.
4.70% due 6/15/2032		1,400,000		1,312,136
				2,813,576
Semiconductors — 0.4%
Broadcom, Inc.
4.15% due 4/15/2032(2)		1,600,000		1,346,208
NXP BV / NXP Funding LLC / NXP USA, Inc.
2.65% due 2/15/2032		400,000		299,144
				1,645,352

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE FIXED INCOME VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Software — 0.2%
Microsoft Corp.
3.50% due 2/12/2035	$	1,100,000	$	989,472
				989,472
Telecommunications — 1.8%
AT&T, Inc.
2.55% due 12/1/2033		1,200,000		893,004
3.50% due 9/15/2053		500,000		333,145
T-Mobile USA, Inc.
2.70% due 3/15/2032		1,300,000		1,017,549
3.40% due 10/15/2052		500,000		330,420
3.50% due 4/15/2031		1,000,000		843,920
Verizon Communications, Inc.
2.355% due 3/15/2032		2,500,000		1,922,525
Vodafone Group PLC
4.375% due 5/30/2028		2,300,000		2,167,382
4.875% due 6/19/2049		800,000		631,272
				8,139,217
Transportation — 0.4%
Kansas City Southern
3.50% due 5/1/2050		500,000		349,800
Union Pacific Corp.
2.80% due 2/14/2032		1,600,000		1,332,048
				1,681,848
Total Corporate Bonds & Notes (Cost $124,673,807)				115,532,779
Non–Agency Mortgage–Backed Securities — 6.3%
Benchmark Mortgage Trust
2018-B3 AS
4.195% due 4/10/2051(3)(4)		2,550,000		2,324,750
Citigroup Commercial Mortgage Trust
2014-GC23 AS
3.863% due 7/10/2047		2,750,000		2,652,210
Commercial Mortgage Trust
2017-COR2 A3
3.51% due 9/10/2050		2,920,000		2,689,339
2019-GC44 AM
3.263% due 8/15/2057		2,415,000		2,027,353
DBGS Mortgage Trust
2018-C1 AM
4.76% due 10/15/2051(3)(4)		2,400,000		2,227,384
DBUBS Mortgage Trust
2017-BRBK A
3.452% due 10/10/2034(2)		1,760,000		1,670,165
Freddie Mac STACR REMIC Trust
2022-DNA1 M1A
3.281% due 1/25/2042(2)(3)(4)		1,391,136		1,350,826
Hilton USA Trust
2016-HHV A
3.719% due 11/5/2038(2)		1,875,000		1,720,259
Morgan Stanley Bank of America Merrill Lynch Trust
2013-C9 AS
3.456% due 5/15/2046		2,190,000		2,155,010

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE FIXED INCOME VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Non–Agency Mortgage–Backed Securities — (continued)
Wells Fargo Commercial Mortgage Trust
2015-NXS4 A4
3.718% due 12/15/2048	$	3,120,000	$	2,971,541
2016-LC25 A4
3.64% due 12/15/2059		3,120,000		2,917,177
2018-C43 A4
4.012% due 3/15/2051(3)(4)		3,000,000		2,812,944
WFRBS Commercial Mortgage Trust
2014-C19 AS
4.271% due 3/15/2047		975,000		948,862
Total Non–Agency Mortgage–Backed Securities (Cost $30,011,128)				28,467,820
U.S. Government Securities — 39.2%
U.S. Treasury Bond
2.25% due 2/15/2052		29,000,000		21,056,719
2.375% due 2/15/2042		57,000,000		43,676,250
U.S. Treasury Note
1.625% due 8/15/2029		111,850,000		96,453,148
2.625% due 7/31/2029		19,000,000		17,462,188
Total U.S. Government Securities (Cost $195,851,437)				178,648,305
	Shares		Value
Exchange–Traded Funds — 4.8%
Vanguard Short-Term Inflation-Protected Securities ETF		456,000		21,938,160
Total Exchange–Traded Funds (Cost $23,052,442)				21,938,160
	Principal Amount		Value
Short–Term Investments — 0.6%
Repurchase Agreements — 0.6%
Fixed Income Clearing Corp., 0.83%, dated 9/30/2022, proceeds at maturity value of $2,773,896, due 10/3/2022(5)	$	2,773,704		2,773,704
Total Repurchase Agreements (Cost $2,773,704)				2,773,704
Total Investments — 99.2% (Cost $486,253,257)				452,430,885
Assets in excess of other liabilities(6) — 0.8%				3,844,396
Total Net Assets — 100.0%			$	456,275,281

(1) TBA — To be announced.

(2) Securities that may be resold in transactions exempt from registration under Rule 144A of the Securities Act of 1933, as amended, normally to certain qualified buyers. At September 30, 2022, the aggregate market value of these securities amounted to $47,217,563, representing 10.3% of net assets. These securities have been deemed liquid by the investment adviser pursuant to the Fund’s liquidity procedures approved by the Board of Trustees.

(3) Variable rate securities, which may include step-up bonds or adjustable rate mortgages. The rate shown is the rate in effect at September 30, 2022.

(4) Variable coupon rate based on weighted average interest rate of underlying mortgages.

(5) The table below presents collateral for repurchase agreements.

Security	Coupon			Maturity Date		Principal Amount		Value
U.S. Treasury Note		0.75	%		12/31/2023	$	2,954,300	$	2,829,203

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE FIXED INCOME VIP FUND

(6) Assets in excess of other liabilities include net unrealized appreciation on futures contracts as follows:

Open futures contracts at September 30, 2022:

Type	Expiration		Contracts		Position		Notional Amount			Notional Value			Unrealized Depreciation
U.S. 2-Year Treasury Note		December 2022		224		Long	$	46,203,090		$	46,007,500		$	(195,590	)
U.S. 10-Year Treasury Note		December 2022		174		Long		20,267,083			19,498,875			(768,208	)
Total							$	66,470,173		$	65,506,375		$	(963,798	)
Type	Expiration		Contracts		Position		Notional Amount			Notional Value			Unrealized Appreciation
U.S. 5-Year Treasury Note		December 2022		739		Short	$	(82,033,780	)	$	(79,448,274	)	$	2,585,506
U.S. Long Bond		December 2022		1		Short		(135,863	)		(126,406	)		9,457
U.S. Ultra 10-Year Treasury Note		December 2022		33		Short		(4,000,745	)		(3,909,984	)		90,761
U.S. Ultra Bond		December 2022		32		Short		(4,590,793	)		(4,384,000	)		206,793
Total							$	(90,761,181	)	$	(87,868,664	)	$	2,892,517

Legend:

CLO — Collateralized Loan Obligation

H15T1Y — 1-year Constant Maturity Treasury Rate

LIBOR — London Interbank Offered Rate

SOFR — Secured Overnight Financing Rate

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN CORE FIXED INCOME VIP FUND

The following is a summary of the inputs used as of September 30, 2022 in valuing the Fund’s investments. For more information on valuation inputs, please refer to the Fair Value Measurements section of the accompanying Notes to Schedule of Investments.

	— Valuation Inputs —
Investments in Securities (unaudited)	Level 1			Level 2		Level 3		Total
Agency Mortgage–Backed Securities	$	—		$	30,654,229	$	—	$	30,654,229
Asset–Backed Securities		—			74,415,888		—		74,415,888
Corporate Bonds & Notes		—			115,532,779		—		115,532,779
Non–Agency Mortgage–Backed Securities		—			28,467,820		—		28,467,820
U.S. Government Securities		—			178,648,305		—		178,648,305
Exchange–Traded Funds		21,938,160			—		—		21,938,160
Repurchase Agreements		—			2,773,704		—		2,773,704
Total	$	21,938,160		$	430,492,725	$	—	$	452,430,885
Other Financial Instruments
Futures Contracts
Assets	$	2,892,517		$	—	$	—	$	2,892,517
Liabilities		(963,798	)		—		—		(963,798	)
Total	$	1,928,719		$	—	$	—	$	1,928,719

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN EQUITY INCOME VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — 99.5%
Aerospace & Defense — 3.5%
General Dynamics Corp.		10,160	$	2,155,647
L3Harris Technologies, Inc.		6,374		1,324,709
Raytheon Technologies Corp.		15,715		1,286,430
				4,766,786
Banks — 6.9%
JPMorgan Chase & Co.		23,035		2,407,157
M&T Bank Corp.		13,127		2,314,553
PNC Financial Services Group, Inc.		8,961		1,338,953
Royal Bank of Canada (Canada)		17,045		1,534,648
Truist Financial Corp.		38,442		1,673,765
				9,269,076
Beverages — 1.0%
Keurig Dr Pepper, Inc.		37,713		1,350,880
				1,350,880
Building Products — 1.6%
Johnson Controls International PLC		45,043		2,217,017
				2,217,017
Capital Markets — 6.5%
Ares Management Corp., Class A		36,591		2,266,812
Blackstone, Inc.		19,128		1,601,014
Morgan Stanley		44,058		3,481,023
Raymond James Financial, Inc.		13,659		1,349,782
				8,698,631
Chemicals — 3.0%
Celanese Corp.		7,674		693,269
LyondellBasell Industries NV, Class A		18,758		1,412,102
PPG Industries, Inc.		17,476		1,934,419
				4,039,790
Communications Equipment — 2.0%
Cisco Systems, Inc.		65,756		2,630,240
				2,630,240
Diversified Financial Services — 1.0%
Equitable Holdings, Inc.		50,943		1,342,348
				1,342,348
Electric Utilities — 5.1%
American Electric Power Co., Inc.		20,768		1,795,394
Duke Energy Corp.		14,112		1,312,698
Exelon Corp.		57,833		2,166,424
NextEra Energy, Inc.		19,686		1,543,579
				6,818,095
Electrical Equipment — 2.5%
Eaton Corp. PLC		14,319		1,909,582
Hubbell, Inc.		6,294		1,403,562
				3,313,144
Electronic Equipment, Instruments & Components — 2.4%
Corning, Inc.		54,591		1,584,231
TE Connectivity Ltd.		14,732		1,625,823
				3,210,054
Equity Real Estate Investment Trusts (REITs) — 3.6%
Crown Castle, Inc.		9,946		1,437,694
Gaming and Leisure Properties, Inc.		46,239		2,045,613
Welltower, Inc.		21,308		1,370,531
				4,853,838

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN EQUITY INCOME VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Food Products — 3.4%
Archer-Daniels-Midland Co.		19,080	$	1,534,986
Kellogg Co.		20,084		1,399,052
Mondelez International, Inc., Class A		30,493		1,671,931
				4,605,969
Gas Utilities — 1.3%
Atmos Energy Corp.		17,492		1,781,560
				1,781,560
Health Care Equipment & Supplies — 3.1%
Baxter International, Inc.		24,417		1,315,100
Becton Dickinson and Co.		7,340		1,635,572
Medtronic PLC		15,330		1,237,897
				4,188,569
Health Care Providers & Services — 3.4%
Elevance Health, Inc.		4,969		2,257,118
UnitedHealth Group, Inc.		4,522		2,283,791
				4,540,909
Hotels, Restaurants & Leisure — 0.7%
Starbucks Corp.		10,437		879,422
				879,422
Household Durables — 1.1%
Lennar Corp., Class A		19,086		1,422,861
				1,422,861
Household Products — 1.9%
Kimberly-Clark Corp.		10,702		1,204,403
Procter & Gamble Co.		10,355		1,307,319
				2,511,722
Industrial Conglomerates — 2.2%
Honeywell International, Inc.		9,291		1,551,319
Siemens AG, ADR		17,676		865,240
Siemens AG (Reg S) (Germany)		5,431		537,525
				2,954,084
Insurance — 3.8%
Chubb Ltd.		11,923		2,168,555
MetLife, Inc.		47,677		2,897,808
				5,066,363
IT Services — 0.9%
Fidelity National Information Services, Inc.		16,949		1,280,836
				1,280,836
Media — 1.4%
Comcast Corp., Class A		66,183		1,941,147
				1,941,147
Metals & Mining — 1.0%
Rio Tinto PLC, ADR		25,477		1,402,764
				1,402,764
Multi-Utilities — 1.6%
Sempra Energy		14,117		2,116,703
				2,116,703

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN EQUITY INCOME VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Oil, Gas & Consumable Fuels — 7.9%
ConocoPhillips		34,385	$	3,518,961
Coterra Energy, Inc.		86,402		2,256,820
EOG Resources, Inc.		20,599		2,301,526
Phillips 66		13,754		1,110,223
TC Energy Corp. (Canada)		35,321		1,422,710
				10,610,240
Personal Products — 1.7%
Unilever PLC, ADR		52,888		2,318,610
				2,318,610
Pharmaceuticals — 12.8%
AstraZeneca PLC, ADR		29,875		1,638,345
Eli Lilly and Co.		7,496		2,423,832
Johnson & Johnson		24,556		4,011,468
Merck & Co., Inc.		38,651		3,328,624
Pfizer, Inc.		97,467		4,265,156
Roche Holding AG (Switzerland)		4,578		1,492,698
				17,160,123
Road & Rail — 1.0%
Canadian National Railway Co. (Canada)		12,344		1,333,100
				1,333,100
Semiconductors & Semiconductor Equipment — 5.4%
Analog Devices, Inc.		15,658		2,181,786
Broadcom, Inc.		2,995		1,329,810
NXP Semiconductors NV		8,852		1,305,758
QUALCOMM, Inc.		11,312		1,278,030
Texas Instruments, Inc.		7,935		1,228,179
				7,323,563
Specialty Retail — 4.1%
Home Depot, Inc.		6,467		1,784,504
Lowe’s Cos., Inc.		7,926		1,488,582
TJX Cos., Inc.		35,028		2,175,939
				5,449,025
Tobacco — 1.7%
Philip Morris International, Inc.		26,790		2,223,838
				2,223,838
Total Common Stocks (Cost $148,525,595)				133,621,307
	Principal Amount		Value
Short–Term Investments — 0.8%
Repurchase Agreements — 0.8%
Fixed Income Clearing Corp., 0.83%, dated 9/30/2022, proceeds at maturity value of $1,024,410, due 10/3/2022(1)	$	1,024,339		1,024,339
Total Repurchase Agreements (Cost $1,024,339)				1,024,339
Total Investments — 100.2% (Cost $149,549,934)				134,645,646
Liabilities in excess of other assets — (0.2)%				(316,183	)
Total Net Assets — 100.0%			$	134,329,463

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN EQUITY INCOME VIP FUND

(1) The table below presents collateral for repurchase agreements.

Security	Coupon			Maturity Date		Principal Amount		Value
U.S. Treasury Note		0.75	%		12/31/2023	$	1,091,100	$	1,044,898

Legend:

ADR – American Depositary Receipt

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN EQUITY INCOME VIP FUND

The following is a summary of the inputs used as of September 30, 2022 in valuing the Fund’s investments. For more information on valuation inputs, please refer to the Fair Value Measurements section of the accompanying Notes to Schedule of Investments.

	— Valuation Inputs —
Investments in Securities (unaudited)	Level 1		Level 2			Level 3		Total
Common Stocks	$	131,591,084	$	2,030,223	*	$	—	$	133,621,307
Repurchase Agreements		—		1,024,339			—		1,024,339
Total	$	131,591,084	$	3,054,562		$	—	$	134,645,646

^*  Consists of certain foreign securities whose values were determined by a pricing service using pricing models (See Notes to Schedule of Investments). These investments in securities were classified as Level 2 rather than Level 1.

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN SELECT MID CAP CORE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — 98.2%
Aerospace & Defense — 1.7%
HEICO Corp., Class A		16,366	$	1,875,871
Howmet Aerospace, Inc.		23,340		721,906
Spirit AeroSystems Holdings, Inc., Class A		42,030		921,298
				3,519,075
Air Freight & Logistics — 0.7%
Air Transport Services Group, Inc.(1)		58,680		1,413,601
				1,413,601
Airlines — 0.2%
JetBlue Airways Corp.(1)		50,110		332,229
				332,229
Auto Components — 1.3%
Adient PLC(1)		31,054		861,749
Lear Corp.		13,221		1,582,421
Novem Group SA (Luxembourg)		22,343		131,811
				2,575,981
Automobiles — 0.7%
Harley-Davidson, Inc.		42,834		1,494,050
				1,494,050
Banks — 6.6%
Associated Banc-Corp		61,411		1,233,133
Bancorp, Inc.(1)		69,700		1,532,006
BankUnited, Inc.		3,100		105,927
Cadence Bank		13,200		335,412
East West Bancorp, Inc.		40,500		2,719,170
First Horizon Corp.		104,174		2,385,584
PacWest Bancorp		82,901		1,873,563
Pathward Financial, Inc.		26,200		863,552
Pinnacle Financial Partners, Inc.		16,900		1,370,590
Piraeus Financial Holdings SA (Greece)(1)		126,400		126,281
Silvergate Capital Corp., Class A(1)		1,522		114,683
Wintrust Financial Corp.		12,370		1,008,773
				13,668,674
Beverages — 0.5%
Boston Beer Co., Inc., Class A(1)		1,585		512,985
Celsius Holdings, Inc.(1)		5,120		464,282
				977,267
Biotechnology — 1.3%
Exelixis, Inc.(1)		78,000		1,223,040
United Therapeutics Corp.(1)		7,100		1,486,598
				2,709,638
Building Products — 1.8%
Builders FirstSource, Inc.(1)		18,340		1,080,593
Carlisle Cos., Inc.		9,126		2,559,022
				3,639,615
Capital Markets — 0.4%
Lazard Ltd., Class A		9,612		305,950
Patria Investments Ltd., Class A		42,143		549,966
				855,916
Chemicals — 2.2%
Chemours Co.		50,196		1,237,331
RPM International, Inc.		25,153		2,095,497
Valvoline, Inc.		45,270		1,147,142
				4,479,970

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN SELECT MID CAP CORE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Commercial Services & Supplies — 0.5%
Brink’s Co.		22,646	$	1,096,972
				1,096,972
Construction & Engineering — 1.0%
WillScot Mobile Mini Holdings Corp.(1)		53,525		2,158,663
				2,158,663
Construction Materials — 0.9%
Eagle Materials, Inc.		17,417		1,866,754
				1,866,754
Consumer Finance — 1.1%
FirstCash Holdings, Inc.		8,498		623,328
NerdWallet, Inc., Class A(1)		38,700		343,269
OneMain Holdings, Inc.		46,969		1,386,525
				2,353,122
Containers & Packaging — 0.5%
Berry Global Group, Inc.(1)		23,000		1,070,190
				1,070,190
Distributors — 0.6%
LKQ Corp.		25,076		1,182,333
				1,182,333
Diversified Financial Services — 0.4%
Cairo Mezz PLC (Cyprus)(1)		775,200		89,680
Cannae Holdings, Inc.(1)		33,071		683,247
				772,927
Diversified Telecommunication Services — 0.2%
Iridium Communications, Inc.(1)		10,153		450,489
				450,489
Electric Utilities — 1.6%
ALLETE, Inc.		8,933		447,097
IDACORP, Inc.		9,615		951,981
OGE Energy Corp.		35,702		1,301,695
PNM Resources, Inc.		14,526		664,274
				3,365,047
Electrical Equipment — 1.2%
Regal Rexnord Corp.		17,412		2,443,948
				2,443,948
Electronic Equipment, Instruments & Components — 2.6%
Avnet, Inc.		45,211		1,633,021
Cognex Corp.		31,049		1,286,981
Jabil, Inc.		14,100		813,711
Trimble, Inc.(1)		13,283		720,869
TTM Technologies, Inc.(1)		57,345		755,807
Vishay Intertechnology, Inc.		14,028		249,558
				5,459,947
Energy Equipment & Services — 0.3%
Liberty Energy, Inc.(1)		50,479		640,074
				640,074

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN SELECT MID CAP CORE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Entertainment — 0.3%
Endeavor Group Holdings, Inc., Class A(1)		8,301	$	168,178
Liberty Media Corp-Liberty Formula One, Class C(1)		3,761		220,019
Warner Music Group Corp., Class A		6,378		148,033
				536,230
Equity Real Estate Investment Trusts (REITs) — 7.3%
American Homes 4 Rent, Class A		15,245		500,189
Camden Property Trust		6,800		812,260
CubeSmart		40,779		1,633,607
Douglas Emmett, Inc.		47,840		857,771
EastGroup Properties, Inc.		13,700		1,977,458
Equity LifeStyle Properties, Inc.		10,307		647,692
Gaming and Leisure Properties, Inc.		9,939		439,701
Healthcare Realty Trust, Inc., Class A		83,500		1,740,975
Postal Realty Trust, Inc., Class A		83,558		1,225,796
Ryman Hospitality Properties, Inc.		11,900		875,721
SITE Centers Corp.		95,854		1,026,596
Spirit Realty Capital, Inc.		28,380		1,026,221
Terreno Realty Corp.		14,130		748,749
Ventas, Inc.		39,613		1,591,254
				15,103,990
Food & Staples Retailing — 1.8%
BJ’s Wholesale Club Holdings, Inc.(1)		17,133		1,247,454
Casey’s General Stores, Inc.		1,937		392,281
Grocery Outlet Holding Corp.(1)		7,064		235,160
Performance Food Group Co.(1)		20,382		875,407
Sprouts Farmers Market, Inc.(1)		17,936		497,724
US Foods Holding Corp.(1)		16,329		431,739
				3,679,765
Food Products — 1.4%
Bunge Ltd.		2,315		191,150
Darling Ingredients, Inc.(1)		19,236		1,272,461
Freshpet, Inc.(1)		3,486		174,614
Ingredion, Inc.		9,393		756,324
Nomad Foods Ltd.(1)		8,980		127,516
Post Holdings, Inc.(1)		3,051		249,907
Sovos Brands, Inc.(1)		9,181		130,738
				2,902,710
Gas Utilities — 0.8%
National Fuel Gas Co.		12,858		791,410
ONE Gas, Inc.		6,486		456,549
UGI Corp.		15,523		501,859
				1,749,818
Health Care Equipment & Supplies — 4.0%
Hologic, Inc.(1)		11,800		761,336
Insulet Corp.(1)		4,600		1,055,240
Masimo Corp.(1)		16,000		2,258,560
Penumbra, Inc.(1)		13,600		2,578,560
Tandem Diabetes Care, Inc.(1)		31,600		1,512,060
				8,165,756
Health Care Providers & Services — 4.4%
agilon health, Inc.(1)		56,000		1,311,520
Alignment Healthcare, Inc.(1)		84,400		999,296
Cano Health, Inc.(1)		140,000		1,213,800
Molina Healthcare, Inc.(1)		5,400		1,781,136
Oak Street Health, Inc.(1)		46,500		1,140,180

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN SELECT MID CAP CORE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Health Care Providers & Services — (continued)
Option Care Health, Inc.(1)		38,500	$	1,211,595
Privia Health Group, Inc.(1)		21,000		715,260
Surgery Partners, Inc.(1)		26,000		608,400
				8,981,187
Hotels, Restaurants & Leisure — 4.0%
Aramark		24,470		763,464
Brinker International, Inc.(1)		15,100		377,198
Caesars Entertainment, Inc.(1)		36,195		1,167,651
Churchill Downs, Inc.		12,447		2,292,115
Domino’s Pizza, Inc.		3,168		982,714
Planet Fitness, Inc., Class A(1)		6,952		400,852
Vail Resorts, Inc.		3,519		758,837
Wyndham Hotels & Resorts, Inc.		24,485		1,502,155
				8,244,986
Household Durables — 2.0%
Leggett & Platt, Inc.		26,332		874,749
Mohawk Industries, Inc.(1)		9,787		892,476
NVR, Inc.(1)		301		1,200,111
Taylor Morrison Home Corp.(1)		48,349		1,127,499
				4,094,835
Household Products — 0.3%
Energizer Holdings, Inc.		14,061		353,493
Reynolds Consumer Products, Inc.		8,472		220,357
				573,850
Insurance — 4.0%
American Financial Group, Inc.		13,919		1,711,063
Assurant, Inc.		10,324		1,499,768
Globe Life, Inc.		16,400		1,635,080
Primerica, Inc.		14,987		1,850,145
Talanx AG (Germany)		9,563		341,397
Unum Group		29,100		1,129,080
				8,166,533
Interactive Media & Services — 0.2%
TripAdvisor, Inc.(1)		5,623		124,156
Ziff Davis, Inc.(1)		4,126		282,548
				406,704
IT Services — 3.3%
Akamai Technologies, Inc.(1)		13,789		1,107,533
Cyxtera Technologies, Inc.(1)		121,813		496,997
ExlService Holdings, Inc.(1)		2,315		341,138
GoDaddy, Inc., Class A(1)		17,632		1,249,756
Nuvei Corp. (Canada)(1)(2)		7,613		205,736
Repay Holdings Corp.(1)		49,225		347,529
Twilio, Inc., Class A(1)		11,200		774,368
WEX, Inc.(1)		9,370		1,189,428
Wix.com Ltd.(1)		13,475		1,054,149
				6,766,634
Life Sciences Tools & Services — 0.8%
Bruker Corp.		30,000		1,591,800
				1,591,800
Machinery — 5.1%
AGCO Corp.		14,160		1,361,767
Allison Transmission Holdings, Inc.		11,266		380,340
Chart Industries, Inc.(1)		6,620		1,220,397

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN SELECT MID CAP CORE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Machinery — (continued)
Crane Holdings Co.		13,130	$	1,149,400
Dover Corp.		6,540		762,433
Esab Corp.		29,370		979,783
Flowserve Corp.		64,005		1,555,322
IDEX Corp.		9,649		1,928,353
ITT, Inc.		18,461		1,206,242
				10,544,037
Marine — 0.6%
Kirby Corp.(1)		20,542		1,248,337
				1,248,337
Media — 0.8%
Cable One, Inc.		669		570,691
Gray Television, Inc.		7,473		107,013
Interpublic Group of Cos., Inc.		10,291		263,450
New York Times Co., Class A		12,755		366,706
Nexstar Media Group, Inc., Class A		2,436		406,447
S4 Capital PLC (United Kingdom)(1)		20,354		32,864
				1,747,171
Metals & Mining — 2.8%
Alcoa Corp.		34,200		1,151,172
Cleveland-Cliffs, Inc.(1)		85,249		1,148,304
Steel Dynamics, Inc.		40,662		2,884,969
Yamana Gold, Inc.		142,833		647,033
				5,831,478
Mortgage Real Estate Investment Trusts (REITs) — 0.8%
Rithm Capital Corp.		215,143		1,574,847
				1,574,847
Multi-Utilities — 0.5%
NiSource, Inc.		17,279		435,258
NorthWestern Corp.		13,781		679,128
				1,114,386
Multiline Retail — 0.2%
Nordstrom, Inc.		28,760		481,155
				481,155
Oil, Gas & Consumable Fuels — 4.4%
Antero Resources Corp.(1)		12,757		389,471
APA Corp.		22,506		769,480
Denbury, Inc.(1)		8,844		762,883
EQT Corp.		53,973		2,199,400
HF Sinclair Corp.		32,990		1,776,182
Northern Oil and Gas, Inc.		26,300		720,883
Targa Resources Corp.		40,147		2,422,470
				9,040,769
Paper & Forest Products — 0.7%
Louisiana-Pacific Corp.		29,453		1,507,699
				1,507,699
Personal Products — 0.5%
Beauty Health Co.(1)		67,700		798,183
BellRing Brands, Inc.(1)		9,541		196,640
				994,823
Professional Services — 2.3%
CACI International, Inc., Class A(1)		12,148		3,171,357
KBR, Inc.		38,590		1,667,860
				4,839,217

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN SELECT MID CAP CORE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Real Estate Management & Development — 0.7%
Doma Holdings, Inc.(1)		153,537	$	67,464
Jones Lang LaSalle, Inc.(1)		8,059		1,217,473
WeWork, Inc., Class A(1)		42,600		112,890
				1,397,827
Road & Rail — 1.6%
Landstar System, Inc.		13,638		1,968,918
XPO Logistics, Inc.(1)		28,391		1,263,967
				3,232,885
Semiconductors & Semiconductor Equipment — 0.6%
SolarEdge Technologies, Inc.(1)		5,620		1,300,805
				1,300,805
Software — 6.2%
Aspen Technology, Inc.(1)		3,543		843,943
Black Knight, Inc.(1)		3,302		213,738
Blackbaud, Inc.(1)		24,537		1,081,100
Blend Labs, Inc., Class A(1)		4,900		10,829
BTRS Holdings, Inc., Class 1(1)		62,300		576,898
Ceridian HCM Holding, Inc.(1)		22,246		1,243,107
Citrix Systems, Inc.		7,633		793,832
Coupa Software, Inc.(1)		12,168		715,478
Elastic NV(1)		14,528		1,042,239
Five9, Inc.(1)		5,300		397,394
Guidewire Software, Inc.(1)		8,828		543,628
HubSpot, Inc.(1)		1,200		324,144
LiveRamp Holdings, Inc.(1)		9,027		163,930
NortonLifeLock, Inc.		53,403		1,075,536
PTC, Inc.(1)		14,326		1,498,500
Tenable Holdings, Inc.(1)		35,673		1,241,420
Workiva, Inc.(1)		2,521		196,134
Zendesk, Inc.(1)		10,067		766,099
				12,727,949
Specialty Retail — 1.5%
Burlington Stores, Inc.(1)		7,828		875,875
Camping World Holdings, Inc., Class A		10,574		267,734
Five Below, Inc.(1)		14,235		1,959,732
				3,103,341
Technology Hardware, Storage & Peripherals — 0.3%
Western Digital Corp.(1)		16,938		551,332
				551,332
Textiles, Apparel & Luxury Goods — 2.2%
Capri Holdings Ltd.(1)		37,556		1,443,653
PRADA SpA (Italy)		117,065		537,402
PVH Corp.		19,629		879,379
Tapestry, Inc.		61,704		1,754,245
				4,614,679
Thrifts & Mortgage Finance — 1.1%
MGIC Investment Corp.		141,231		1,810,581
UWM Holdings Corp.		141,600		414,888
				2,225,469

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN SELECT MID CAP CORE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Trading Companies & Distributors — 1.7%
Air Lease Corp.		34,330	$	1,064,573
Beacon Roofing Supply, Inc.(1)		10,093		552,289
WESCO International, Inc.(1)		15,539		1,855,046
				3,471,908
Water Utilities — 0.7%
Essential Utilities, Inc.		36,282		1,501,349
				1,501,349
Total Common Stocks (Cost $257,712,497)				202,542,743
	Principal Amount		Value
Corporate Bonds & Notes — 0.1%
Commercial Services — 0.1%
Affirm Holdings, Inc.,
Convertible
0.00% due 11/15/2026(2)(3)	$	282,000		172,835
				172,835
Total Corporate Bonds & Notes (Cost $173,411)				172,835
Short–Term Investments — 1.7%
U.S. Treasury Bills — 0.1%
U.S. Treasury Bill
2.583% due 11/10/2022(4)		100,000		99,714
3.156% due 12/22/2022(4)		30,000		29,789
Total U.S. Treasury Bills (Cost $129,506)				129,503
Repurchase Agreements — 1.6%
Fixed Income Clearing Corp., 0.83%, dated 9/30/2022, proceeds at maturity value of $3,349,148, due 10/3/2022(5)		3,348,917		3,348,917
Total Repurchase Agreements (Cost $3,348,917)				3,348,917
Total Investments — 100.0% (Cost $261,364,331)				206,193,998
Assets in excess of other liabilities(6) — 0.0%				9,723
Total Net Assets — 100.0%			$	206,203,721

(1) Non–income–producing security.

(2) Securities that may be resold in transactions exempt from registration under Rule 144A of the Securities Act of 1933, as amended, normally to certain qualified buyers. At September 30, 2022, the aggregate market value of these securities amounted to $378,571, representing 0.2% of net assets. These securities have been deemed liquid by the investment adviser pursuant to the Fund’s liquidity procedures approved by the Board of Trustees.

(3) Zero coupon bond.

(4) Interest rate shown reflects the discount rate at time of purchase.

(5) The table below presents collateral for repurchase agreements.

Security	Coupon			Maturity Date		Principal Amount		Value
U.S. Treasury Note		0.75	%		12/31/2023	$	3,567,000	$	3,415,959

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN SELECT MID CAP CORE VIP FUND

(6) Assets in excess of other liabilities include net unrealized depreciation on futures contracts as follows:

Open futures contracts at September 30, 2022:

Type	Expiration		Contracts		Position		Notional Amount		Notional Value		Unrealized Depreciation
S&P Midcap 400 E-Mini		December 2022		6		Long	$	1,332,286	$	1,324,920	$	(7,366	)
Total							$	1,332,286	$	1,324,920	$	(7,366	)

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN SELECT MID CAP CORE VIP FUND

The following is a summary of the inputs used as of September 30, 2022 in valuing the Fund’s investments. For more information on valuation inputs, please refer to the Fair Value Measurements section of the accompanying Notes to Schedule of Investments.

	— Valuation Inputs —
Investments in Securities (unaudited)	Level 1			Level 2		Level 3		Total
Common Stocks	$	201,283,308		$	1,259,435	$	—	$	202,542,743
Corporate Bonds & Notes		—			172,835		—		172,835
U.S. Treasury Bills		—			129,503		—		129,503
Repurchase Agreements		—			3,348,917		—		3,348,917
Total	$	201,283,308		$	4,910,690	$	—	$	206,193,998
Other Financial Instruments
Futures Contracts
Liabilities	$	(7,366	)	$	—	$	—	$	(7,366	)
Total	$	(7,366	)	$	—	$	—	$	(7,366	)

^*  Consists of certain foreign securities whose values were determined by a pricing service using pricing models (See Notes to Schedule of Investments). These investments in securities were classified as Level 2 rather than Level 1.

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN SHORT DURATION BOND VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Agency Mortgage–Backed Securities — 9.6%
Federal Home Loan Mortgage Corp.
3.50% due 6/1/2052	$	1,173,740	$	1,056,173
4.00% due 6/1/2052		1,367,922		1,268,711
Federal National Mortgage Association
3.00% due 4/1/2037		2,856,473		2,654,707
3.00% due 5/1/2037		2,853,626		2,650,826
3.00% due 5/1/2052		2,037,950		1,772,380
3.50% due 4/1/2052		3,079,093		2,770,732
3.50% due 5/1/2052		2,930,130		2,636,989
4.00% due 5/1/2052		3,022,028		2,802,818
4.00% due 6/1/2052		2,007,660		1,862,029
Total Agency Mortgage–Backed Securities (Cost $20,856,183)				19,475,365
Asset–Backed Securities — 21.9%
Aligned Data Centers Issuer LLC
2021-1A A2
1.937% due 8/15/2046(1)		900,000		773,041
Ally Auto Receivables Trust
2022-1 A3
3.31% due 11/15/2026		1,650,000		1,603,442
American Express Credit Account Master Trust
2017-7 B
2.54% due 5/15/2025		1,700,000		1,698,510
AmeriCredit Automobile Receivables Trust
2020-3 C
1.06% due 8/18/2026		1,125,000		1,052,529
Anchorage Capital CLO 21 Ltd.
2021-21A B
4.46% (LIBOR 3 Month + 1.75%) due 10/20/2034(1)(2)		1,000,000		933,700
Apidos CLO XXII
2015-22A A2R
4.21% (LIBOR 3 Month + 1.50%) due 4/20/2031(1)(2)		1,000,000		947,200
Ares XXVII CLO Ltd.
2013-2A BR2
4.443% (LIBOR 3 Month + 1.65%) due 10/28/2034(1)(2)		1,000,000		924,100
Ares XXVIIIR CLO Ltd.
2018-28RA A2
4.14% (LIBOR 3 Month + 1.40%) due 10/17/2030(1)(2)		1,100,000		1,035,650
Avis Budget Rental Car Funding AESOP LLC
2021-2A A
1.66% due 2/20/2028(1)		1,100,000		942,758
BA Credit Card Trust
2020-A1 A1
0.34% due 5/15/2026		1,650,000		1,566,877
Benefit Street Partners CLO XVI Ltd.
2018-16A BR
4.29% (LIBOR 3 Month + 1.55%) due 1/17/2032(1)(2)		1,200,000		1,133,160
BMW Vehicle Owner Trust
2022-A A3
3.21% due 8/25/2026		1,100,000		1,071,011
Canyon Capital CLO Ltd.
2022-1A B
2.381% (SOFR + 1.85%) due 4/15/2035(1)(2)		1,200,000		1,119,120

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN SHORT DURATION BOND VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Asset–Backed Securities — (continued)
Carlyle U.S. CLO Ltd.
2018-2A A2
4.112% (LIBOR 3 Month + 1.60%) due 10/15/2031(1)(2)	$	1,000,000	$	945,900
CarMax Auto Owner Trust
2020-4 B
0.85% due 6/15/2026		850,000		781,728
Dryden 53 CLO Ltd.
2017-53A B
3.912% (LIBOR 3 Month + 1.40%) due 1/15/2031(1)(2)		1,100,000		1,036,200
Dryden Senior Loan Fund
2017-47A CR
4.562% (LIBOR 3 Month + 2.05%) due 4/15/2028(1)(2)		1,000,000		968,300
Exeter Automobile Receivables Trust
2022-2A A3
2.80% due 11/17/2025		1,050,000		1,033,199
Ford Credit Auto Owner Trust
2020-1 A
2.04% due 8/15/2031(1)		1,100,000		1,023,402
Ford Credit Floorplan Master Owner Trust
2020-2 A
1.06% due 9/15/2027		1,100,000		985,269
GLS Auto Receivables Issuer Trust
2019-4A B
2.78% due 9/16/2024(1)		319,973		319,710
GM Financial Automobile Leasing Trust
2022-2 A3
3.42% due 6/20/2025		1,240,000		1,217,536
GM Financial Consumer Automobile Receivables Trust
2020-4 A4
0.50% due 2/17/2026		1,680,000		1,575,969
Hertz Vehicle Financing III LLC
2022-3A A
3.37% due 3/25/2025(1)		960,000		937,745
Hyundai Auto Lease Securitization Trust
2022-B A3
3.35% due 6/16/2025(1)		1,200,000		1,175,369
Hyundai Auto Receivables Trust
2022-A A3
2.22% due 10/15/2026		1,430,000		1,371,657
Jamestown CLO XI Ltd.
2018-11A A2
4.183% (LIBOR 3 Month + 1.70%) due 7/14/2031(1)(2)		1,200,000		1,141,800
Kubota Credit Owner Trust
2019-1A A3
2.46% due 10/16/2023(1)		501,153		500,444
Master Credit Card Trust
2021-1A A
0.53% due 11/21/2025(1)		1,380,000		1,282,506
Neuberger Berman Loan Advisers CLO 26 Ltd.
2017-26A BR
4.14% (LIBOR 3 Month + 1.40%) due 10/18/2030(1)(2)		1,000,000		944,300

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN SHORT DURATION BOND VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Asset–Backed Securities — (continued)
Octagon Investment Partners 36 Ltd.
2018-1A B
3.902% (LIBOR 3 Month + 1.39%) due 4/15/2031(1)(2)	$	1,209,375	$	1,136,692
OHA Credit Partners XIV Ltd.
2017-14A B
4.232% (LIBOR 3 Month + 1.50%) due 1/21/2030(1)(2)		1,000,000		951,700
Santander Drive Auto Receivables Trust
2021-1 B 0.50% due 4/15/2025		267,713		267,360
2022-3 A3 3.40% due 12/15/2026		1,200,000		1,177,373
Synchrony Card Funding LLC
2022-A1 A
3.37% due 4/15/2028		1,300,000		1,259,788
Toyota Auto Loan Extended Note Trust
2021-1A A
1.07% due 2/27/2034(1)		975,000		861,452
Toyota Auto Receivables Owner Trust
2021-A A4
0.39% due 6/15/2026		1,440,000		1,325,476
Verizon Owner Trust
2020-C A
0.41% due 4/21/2025		1,200,000		1,175,389
Volkswagen Auto Lease Trust
2020-A A4
0.45% due 7/21/2025		1,500,000		1,467,192
Voya CLO Ltd.
2015-3A A3R
4.41% (LIBOR 3 Month + 1.70%) due 10/20/2031(1)(2)		1,000,000		943,400
World Omni Auto Receivables Trust
2021-B A4
0.69% due 6/15/2027		1,200,000		1,099,650
World Omni Automobile Lease Securitization Trust
2021-A A4
0.50% due 11/16/2026		1,000,000		946,996
Total Asset–Backed Securities (Cost $46,040,014)				44,654,600
Corporate Bonds & Notes — 9.7%
Aerospace & Defense — 0.5%
Boeing Co.
1.433% due 2/4/2024		500,000		475,375
Northrop Grumman Corp.
2.93% due 1/15/2025		500,000		477,400
				952,775
Beverages — 0.2%
PepsiCo, Inc.
0.40% due 10/7/2023		500,000		480,790
				480,790
Commercial Banks — 3.3%
Bank of America Corp.
3.384% (3.384% fixed rate until 4/2/2025; SOFR + 1.33% thereafter) due 4/2/2026(2)		500,000		472,580
3.864% (3.864% fixed rate until 7/23/2023; LIBOR 3 Month + 0.94% thereafter) due 7/23/2024(2)		500,000		492,920

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN SHORT DURATION BOND VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Commercial Banks — (continued)
Credit Suisse Group AG
3.75% due 3/26/2025	$	500,000	$	465,945
Discover Bank
3.35% due 2/6/2023		500,000		497,695
Goldman Sachs Group, Inc.
3.272% (3.272% fixed rate until 9/29/2024; LIBOR 3 Month + 1.20% thereafter) due 9/29/2025(2)		500,000		476,415
Huntington National Bank
3.55% due 10/6/2023		500,000		494,370
JPMorgan Chase & Co.
0.697% (0.697% fixed rate until 3/16/2023; SOFR + 0.58% thereafter) due 3/16/2024(2)		500,000		489,890
2.301% (2.301% fixed rate until 10/15/2025; SOFR + 1.16% thereafter) due 10/15/2025(2)		500,000		468,930
Mitsubishi UFJ Financial Group, Inc.
0.962% (0.962% fixed rate until 10/11/2024; H15T1Y + 0.45% thereafter) due 10/11/2025(2)		500,000		455,280
3.761% due 7/26/2023		500,000		494,470
Morgan Stanley
2.72% (2.72% fixed rate until 7/22/2024; SOFR + 1.15% thereafter) due 7/22/2025(2)		500,000		474,065
3.737% (3.737% fixed rate until 4/24/2023; LIBOR 3 Month + 0.85% thereafter) due 4/24/2024(2)		500,000		494,740
PNC Bank NA
3.80% due 7/25/2023		500,000		496,365
3.875% due 4/10/2025		500,000		483,620
				6,757,285
Computers — 0.2%
Apple, Inc.
2.75% due 1/13/2025		500,000		481,230
				481,230
Diversified Financial Services — 0.5%
AerCap Ireland Capital DAC / AerCap Global Aviation Trust
4.875% due 1/16/2024		500,000		492,475
American Express Co.
3.375% due 5/3/2024		500,000		487,635
				980,110
Electric — 0.5%
DTE Energy Co.
2.529% due 10/1/2024		500,000		475,610

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN SHORT DURATION BOND VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Electric — (continued)
Public Service Enterprise Group, Inc.
2.875% due 6/15/2024	$	500,000	$	481,180
				956,790
Electronics — 0.2%
Honeywell International, Inc.
2.30% due 8/15/2024		500,000		480,060
				480,060
Entertainment — 0.2%
Warnermedia Holdings, Inc.
3.428% due 3/15/2024(1)		500,000		483,605
				483,605
Healthcare-Products — 0.2%
Abbott Laboratories
3.40% due 11/30/2023		400,000		395,372
				395,372
Healthcare-Services — 0.2%
UnitedHealth Group, Inc.
0.55% due 5/15/2024		500,000		468,590
				468,590
Insurance — 0.2%
Chubb INA Holdings, Inc.
3.35% due 5/15/2024		500,000		488,230
				488,230
Lodging — 0.3%
Marriott International, Inc.
3.60% due 4/15/2024		500,000		488,405
				488,405
Media — 0.3%
Charter Communications Operating LLC / Charter Communications Operating Capital
4.50% due 2/1/2024		500,000		494,335
				494,335
Oil & Gas — 0.2%
Canadian Natural Resources Ltd.
3.90% due 2/1/2025		500,000		482,570
				482,570
Pharmaceuticals — 0.2%
Bristol Myers Squibb Co.
2.90% due 7/26/2024		500,000		485,135
				485,135
Pipelines — 0.3%
Energy Transfer LP
5.875% due 1/15/2024		500,000		501,135
				501,135
Real Estate Investment Trusts (REITs) — 0.7%
Boston Properties LP
3.20% due 1/15/2025		500,000		477,000
Essex Portfolio LP
3.50% due 4/1/2025		500,000		481,195
Simon Property Group LP
3.375% due 10/1/2024		500,000		485,120
				1,443,315

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN SHORT DURATION BOND VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
Corporate Bonds & Notes — (continued)
Retail — 0.3%
Target Corp.
3.50% due 7/1/2024	$	500,000	$	491,735
				491,735
Semiconductors — 0.7%
Broadcom Corp. / Broadcom Cayman Finance Ltd.
3.625% due 1/15/2024		500,000		490,530
NXP BV / NXP Funding LLC
4.875% due 3/1/2024		1,000,000		989,030
				1,479,560
Telecommunications — 0.5%
Verizon Communications, Inc.
3.376% due 2/15/2025		500,000		483,680
Vodafone Group PLC
3.75% due 1/16/2024		500,000		494,085
				977,765
Total Corporate Bonds & Notes (Cost $20,278,854)				19,768,792
Non–Agency Mortgage–Backed Securities — 5.0%
Benchmark Mortgage Trust
2018-B3 AS
4.195% due 4/10/2051(2)(3)		1,150,000		1,048,417
Commercial Mortgage Trust
2017-COR2 A3 3.51% due 9/10/2050		1,200,000		1,105,208
2019-GC44 AM 3.263% due 8/15/2057		1,085,000		910,840
DBGS Mortgage Trust
2018-C1 AM
4.76% due 10/15/2051(2)(3)		1,100,000		1,020,884
DBUBS Mortgage Trust
2017-BRBK A
3.452% due 10/10/2034(1)		793,000		752,523
Freddie Mac STACR REMIC Trust
2022-DNA1 M1A
3.281% due 1/25/2042(1)(2)(3)		560,189		543,957
Hilton USA Trust
2016-HHV A
3.719% due 11/5/2038(1)		845,000		775,264
Morgan Stanley Bank of America Merrill Lynch Trust
2013-C9 AS
3.456% due 5/15/2046		970,000		954,502
Wells Fargo Commercial Mortgage Trust
2015-NXS4 A4 3.718% due 12/15/2048		1,380,000		1,314,335
2016-LC25 A4 3.64% due 12/15/2059		1,380,000		1,290,290
WFRBS Commercial Mortgage Trust
2014-C19 AS
4.271% due 3/15/2047		440,000		428,204
Total Non–Agency Mortgage–Backed Securities (Cost $10,714,467)				10,144,424

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN SHORT DURATION BOND VIP FUND

September 30, 2022 (unaudited)	Principal Amount		Value
U.S. Government Agencies — 3.7%
Federal Farm Credit Banks Funding Corp.
2.64% due 4/8/2026	$	4,000,000	$	3,779,960
Federal Home Loan Bank
1.125% due 1/27/2025		4,000,000		3,708,640
Total U.S. Government Agencies (Cost $7,787,637)				7,488,600
U.S. Government Securities — 40.3%
U.S. Treasury Note
0.125% due 2/15/2024		79,980,000		75,524,865
2.50% due 4/30/2024		1,000,000		972,031
2.625% due 7/31/2029		1,700,000		1,562,406
3.00% due 7/31/2024		4,200,000		4,106,485
Total U.S. Government Securities (Cost $84,102,817)				82,165,787
	Shares		Value
Exchange–Traded Funds — 4.8%
Vanguard Short-Term Inflation-Protected Securities ETF		204,000		9,814,440
Total Exchange–Traded Funds (Cost $10,312,934)				9,814,440
	Principal Amount		Value
Short–Term Investments — 3.9%
Repurchase Agreements — 3.9%
Fixed Income Clearing Corp., 0.83%, dated 9/30/2022, proceeds at maturity value of $7,880,622, due 10/3/2022(4)	$	7,880,077		7,880,077
Total Repurchase Agreements (Cost $7,880,077)				7,880,077
Total Investments — 98.9% (Cost $207,972,983)				201,392,085
Assets in excess of other liabilities(5) — 1.1%				2,267,243
Total Net Assets — 100.0%			$	203,659,328

(1) Securities that may be resold in transactions exempt from registration under Rule 144A of the Securities Act of 1933, as amended, normally to certain qualified buyers. At September 30, 2022, the aggregate market value of these securities amounted to $24,532,998, representing 12.0% of net assets. These securities have been deemed liquid by the investment adviser pursuant to the Fund’s liquidity procedures approved by the Board of Trustees.

(2) Variable rate securities, which may include step-up bonds or adjustable rate mortgages. The rate shown is the rate in effect at September 30, 2022.

(3) Variable coupon rate based on weighted average interest rate of underlying mortgages.

(4) The table below presents collateral for repurchase agreements.

Security	Coupon			Maturity Date		Principal Amount		Value
U.S. Treasury Note		0.75	%		12/31/2023	$	8,393,100	$	8,037,703

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN SHORT DURATION BOND VIP FUND

(5) Assets in excess of other liabilities include net unrealized depreciation on futures contracts and centrally cleared swap contracts as follows:

Open futures contracts at September 30, 2022:

Type	Expiration		Contracts		Position		Notional Amount		Notional Value		Unrealized Appreciation (Depreciation)
U.S. 2-Year Treasury Note		December 2022		172		Long	$	35,702,581	$	35,327,188	$	(375,393	)
U.S. 10-Year Treasury Note		December 2022		23		Long		2,572,047		2,577,438		5,391
Total							$	38,274,628	$	37,904,626	$	(370,002	)

Type	Expiration		Contracts		Position		Notional Amount			Notional Value			Unrealized Appreciation (Depreciation)
U.S. 5-Year Treasury Note		December 2022		133		Short	$	(14,285,637	)	$	(14,298,539	)	$	(12,902	)
U.S. Long Bond		December 2022		7		Short		(913,915	)		(884,844	)		29,071
U.S. Ultra Bond		December 2022		10		Short		(1,456,526	)		(1,370,000	)		86,526
Total							$	(16,656,078	)	$	(16,553,383	)	$	102,695

Centrally cleared credit default swap agreements — buy protection⁽⁶⁾:

Reference Entity	Implied Credit Spread at 9/30/22(7)			Notional Amount(8)			Maturity		(Pay)/Receive Fixed Rate			Periodic Payment Frequency		Upfront Payments		Value		Unrealized Depreciation
CDX.NA.HY.S39		6.10	%		USD	25,500,000		12/20/2027		(5.00	)%		Quarterly	$	1,194,584	$	1,046,503	$	(148,081	)

(6) When a credit event occurs as defined under the terms of the swap agreement, the Fund as a buyer of credit protection will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced obligation or (ii) receive a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced obligation.

(7) Implied credit spread, represented in absolute terms, utilized in determining the value of the credit default swap agreements as of period end will serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a referenced entity reflects the cost of buying/selling protection and may include payments required to be made to enter into the agreement. Generally, wider credit spreads represent a perceived deterioration of the referenced entity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the swap agreement.

(8) The notional amount represents the maximum potential amount the Fund could be required to pay as a buyer of credit protection if a credit event occurs, as defined under the terms of the swap agreement, for each security included in the CDX North America High Yield Index.

Legend:

H15T1Y – 1-year Constant Maturity Treasury Rate

LIBOR – London Interbank Offered Rate

SOFR – Secured Overnight Financing Rate

USD – United States Dollar

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN SHORT DURATION BOND VIP FUND

The following is a summary of the inputs used as of September 30, 2022 in valuing the Fund’s investments. For more information on valuation inputs, please refer to the Fair Value Measurements section of the accompanying Notes to Schedule of Investments.

	— Valuation Inputs —
Investments in Securities (unaudited)	Level 1			Level 2			Level 3		Total
Agency Mortgage–Backed Securities	$	—		$	19,475,365		$	—	$	19,475,365
Asset–Backed Securities		—			44,654,600			—		44,654,600
Corporate Bonds & Notes		—			19,768,792			—		19,768,792
Non–Agency Mortgage–Backed Securities		—			10,144,424			—		10,144,424
U.S. Government Agencies		—			7,488,600			—		7,488,600
U.S. Government Securities		—			82,165,787			—		82,165,787
Exchange–Traded Funds		9,814,440			—			—		9,814,440
Repurchase Agreements		—			7,880,077			—		7,880,077
Total	$	9,814,440		$	191,577,645		$	—	$	201,392,085
Other Financial Instruments
Futures Contracts
Assets	$	120,988		$	—		$	—	$	120,988
Liabilities		(388,295	)		—			—		(388,295	)
Swap Contracts
Liabilities		—			(148,081	)		—		(148,081	)
Total	$	(267,307	)	$	(148,081	)	$	—	$	(415,388	)

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN SMALL-MID CAP CORE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — 98.0%
Aerospace & Defense — 1.3%
MTU Aero Engines AG (Germany)		23,138	$	3,491,605
				3,491,605
Auto Components — 1.0%
Dana, Inc.		233,605		2,670,105
				2,670,105
Banks — 2.4%
Pinnacle Financial Partners, Inc.		35,514		2,880,185
Webster Financial Corp.		78,900		3,566,280
				6,446,465
Biotechnology — 0.2%
Sage Therapeutics, Inc.(1)		15,158		593,587
				593,587
Building Products — 9.3%
Advanced Drainage Systems, Inc.		27,398		3,407,489
Armstrong World Industries, Inc.		65,469		5,187,109
AZEK Co., Inc.(1)		191,146		3,176,847
Carlisle Cos., Inc.		20,584		5,771,960
Masonite International Corp.(1)		76,325		5,441,209
Tecnoglass, Inc.		95,771		2,010,233
				24,994,847
Capital Markets — 2.0%
Cboe Global Markets, Inc.		29,065		3,411,359
Raymond James Financial, Inc.		20,248		2,000,907
				5,412,266
Chemicals — 4.3%
Ashland, Inc.		53,870		5,116,034
Quaker Chemical Corp.		23,524		3,396,395
Westlake Corp.		35,921		3,120,817
				11,633,246
Commercial Services & Supplies — 3.8%
IAA, Inc.(1)		132,463		4,218,946
Republic Services, Inc.		26,128		3,554,453
Stericycle, Inc.(1)		59,405		2,501,545
				10,274,944
Construction & Engineering — 0.9%
API Group Corp.(1)		189,455		2,514,068
				2,514,068
Containers & Packaging — 1.0%
Crown Holdings, Inc.		31,981		2,591,420
				2,591,420
Diversified Consumer Services — 1.2%
Service Corp. International		54,554		3,149,948
				3,149,948
Electrical Equipment — 3.2%
Atkore, Inc.(1)		71,387		5,554,622
Regal Rexnord Corp.		21,661		3,040,338
				8,594,960
Electronic Equipment, Instruments & Components — 1.6%
Teledyne Technologies, Inc.(1)		12,602		4,252,797
				4,252,797

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN SMALL-MID CAP CORE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Equity Real Estate Investment Trusts (REITs) — 9.6%
American Homes 4 Rent, Class A		128,612	$	4,219,760
Apartment Income REIT Corp.		95,035		3,670,251
Life Storage, Inc.		33,400		3,699,384
SBA Communications Corp.		13,789		3,925,039
Sun Communities, Inc.		39,185		5,302,906
VICI Properties, Inc.		165,393		4,936,981
				25,754,321
Food Products — 1.0%
Nomad Foods Ltd.(1)		188,768		2,680,506
				2,680,506
Health Care Equipment & Supplies — 4.8%
Haemonetics Corp.(1)		61,816		4,576,239
Integer Holdings Corp.(1)		54,527		3,393,215
LivaNova PLC(1)		80,639		4,094,042
ViewRay, Inc.(1)		257,600		937,664
				13,001,160
Health Care Providers & Services — 3.5%
HealthEquity, Inc.(1)		78,805		5,293,332
Humana, Inc.		8,360		4,056,188
				9,349,520
Health Care Technology — 0.6%
Schrodinger, Inc.(1)		58,475		1,460,706
				1,460,706
Hotels, Restaurants & Leisure — 1.1%
Planet Fitness, Inc., Class A(1)		52,958		3,053,558
				3,053,558
Household Durables — 0.9%
Mohawk Industries, Inc.(1)		26,380		2,405,592
				2,405,592
Household Products — 1.2%
Church & Dwight Co., Inc.		46,161		3,297,742
				3,297,742
Insurance — 5.2%
Arch Capital Group Ltd.(1)		99,019		4,509,325
Axis Capital Holdings Ltd.		90,522		4,449,157
Reinsurance Group of America, Inc.		39,146		4,924,958
				13,883,440
Interactive Media & Services — 1.1%
Bumble, Inc., Class A(1)		139,034		2,987,841
				2,987,841
Internet & Direct Marketing Retail — 1.4%
RealReal, Inc.(1)		269,825		404,738
Revolve Group, Inc.(1)		156,957		3,404,397
				3,809,135
IT Services — 1.8%
Genpact Ltd.		49,947		2,186,180
Okta, Inc.(1)		45,167		2,568,648
				4,754,828

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN SMALL-MID CAP CORE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Life Sciences Tools & Services — 3.5%
Azenta, Inc.		63,380	$	2,716,467
Bio-Rad Laboratories, Inc., Class A(1)		12,145		5,066,165
Codexis, Inc.(1)		125,604		761,160
Sotera Health Co.(1)		105,944		722,538
				9,266,330
Machinery — 1.0%
Ingersoll Rand, Inc.		62,915		2,721,703
				2,721,703
Metals & Mining — 1.0%
Steel Dynamics, Inc.		38,191		2,709,652
				2,709,652
Personal Products — 1.4%
elf Beauty, Inc.(1)		78,223		2,942,749
Honest Co., Inc.(1)		261,258		914,403
				3,857,152
Professional Services — 2.3%
Booz Allen Hamilton Holding Corp.		39,299		3,629,263
Dun & Bradstreet Holdings, Inc.		203,614		2,522,777
				6,152,040
Semiconductors & Semiconductor Equipment — 3.1%
Marvell Technology, Inc.		85,660		3,675,671
ON Semiconductor Corp.(1)		73,340		4,571,282
				8,246,953
Software — 11.5%
8x8, Inc.(1)		191,487		660,630
Black Knight, Inc.(1)		71,299		4,615,184
Fair Isaac Corp.(1)		9,533		3,927,691
Instructure Holdings, Inc.(1)		173,659		3,869,123
New Relic, Inc.(1)		36,030		2,067,401
PagerDuty, Inc.(1)		173,185		3,995,378
Q2 Holdings, Inc.(1)		84,943		2,735,165
Qualtrics International, Inc., Class A(1)		324,531		3,303,726
SPS Commerce, Inc.(1)		27,854		3,460,302
WalkMe Ltd.(1)		277,199		2,356,192
				30,990,792
Specialty Retail — 4.4%
Burlington Stores, Inc.(1)		33,209		3,715,755
Leslie’s, Inc.(1)		241,510		3,552,612
National Vision Holdings, Inc.(1)		89,687		2,928,281
Tractor Supply Co.		9,092		1,690,021
				11,886,669
Textiles, Apparel & Luxury Goods — 1.5%
Deckers Outdoor Corp.(1)		12,440		3,888,868
				3,888,868
Thrifts & Mortgage Finance — 1.2%
Essent Group Ltd.		88,768		3,095,340
				3,095,340

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN SMALL-MID CAP CORE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Trading Companies & Distributors — 2.7%
Air Lease Corp.		104,015	$	3,225,505
United Rentals, Inc.(1)		15,158		4,094,479
				7,319,984
Total Common Stocks (Cost $346,540,721)				263,194,090
Exchange–Traded Funds — 1.4%
SPDR S&P Biotech ETF(1)		46,357		3,677,037
Total Exchange–Traded Funds (Cost $5,117,515)				3,677,037
	Principal Amount		Value
Short–Term Investments — 0.5%
Repurchase Agreements — 0.5%
Fixed Income Clearing Corp., 0.83%, dated 9/30/2022, proceeds at maturity value of $1,357,836, due 10/3/2022(2)	$	1,357,741		1,357,741
Total Repurchase Agreements (Cost $1,357,741)				1,357,741
Total Investments — 99.9% (Cost $353,015,977)				268,228,868
Assets in excess of other liabilities — 0.1%				271,432
Total Net Assets — 100.0%			$	268,500,300

(1) Non–income–producing security.

(2) The table below presents collateral for repurchase agreements.

Security	Coupon			Maturity Date		Principal Amount		Value
U.S. Treasury Note		0.75	%		12/31/2023	$	1,446,200	$	1,384,962

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN SMALL-MID CAP CORE VIP FUND

The following is a summary of the inputs used as of September 30, 2022 in valuing the Fund’s investments. For more information on valuation inputs, please refer to the Fair Value Measurements section of the accompanying Notes to Schedule of Investments.

	— Valuation Inputs —
Investments in Securities (unaudited)	Level 1		Level 2			Level 3		Total
Common Stocks	$	259,702,485	$	3,491,605	*	$	—	$	263,194,090
Exchange–Traded Funds		3,677,037		—			—		3,677,037
Repurchase Agreements		—		1,357,741			—		1,357,741
Total	$	263,379,522	$	4,849,346		$	—	$	268,228,868

^*  Consists of certain foreign securities whose values were determined by a pricing service using pricing models (See Notes to Schedule of Investments). These investments in securities were classified as Level 2 rather than Level 1.

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN STRATEGIC LARGE CAP CORE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — 95.4%
Aerospace & Defense — 2.0%
Lockheed Martin Corp.		8,656	$	3,343,726
Northrop Grumman Corp.		4,161		1,957,002
				5,300,728
Banks — 2.2%
JPMorgan Chase & Co.		37,396		3,907,882
U.S. Bancorp		41,699		1,681,304
				5,589,186
Beverages — 3.0%
Coca-Cola Co.		103,946		5,823,055
Keurig Dr Pepper, Inc.		56,800		2,034,576
				7,857,631
Biotechnology — 2.2%
AbbVie, Inc.		41,922		5,626,352
				5,626,352
Capital Markets — 3.1%
Cboe Global Markets, Inc.		13,675		1,605,035
CME Group, Inc.		5,158		913,636
Houlihan Lokey, Inc.		34,464		2,597,896
Intercontinental Exchange, Inc.		32,228		2,911,800
				8,028,367
Chemicals — 0.6%
LyondellBasell Industries NV, Class A		22,049		1,659,849
				1,659,849
Communications Equipment — 0.4%
Motorola Solutions, Inc.		4,401		985,692
				985,692
Construction & Engineering — 0.7%
AECOM		26,680		1,824,112
				1,824,112
Diversified Consumer Services — 0.3%
Service Corp. International		13,751		793,983
				793,983
Diversified Telecommunication Services — 1.1%
Verizon Communications, Inc.		75,267		2,857,888
				2,857,888
Electric Utilities — 2.1%
American Electric Power Co., Inc.		40,640		3,513,328
NextEra Energy, Inc.		25,324		1,985,655
				5,498,983
Electronic Equipment, Instruments & Components — 0.8%
CDW Corp.		13,150		2,052,452
				2,052,452
Entertainment — 1.7%
Electronic Arts, Inc.		38,428		4,446,504
				4,446,504
Equity Real Estate Investment Trusts (REITs) — 0.2%
Sun Communities, Inc.		4,691		634,833
				634,833
Food & Staples Retailing — 2.3%
Koninklijke Ahold Delhaize NV, ADR		121,254		3,084,702
Walmart, Inc.		22,222		2,882,193
				5,966,895

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN STRATEGIC LARGE CAP CORE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Food Products — 1.3%
General Mills, Inc.		43,843	$	3,358,812
				3,358,812
Health Care Providers & Services — 6.2%
Centene Corp.(1)		35,849		2,789,410
CVS Health Corp.		41,997		4,005,254
McKesson Corp.		9,648		3,279,066
UnitedHealth Group, Inc.		11,870		5,994,825
				16,068,555
Hotels, Restaurants & Leisure — 0.5%
Booking Holdings, Inc.(1)		754		1,238,980
				1,238,980
Household Products — 1.1%
Procter & Gamble Co.		23,456		2,961,320
				2,961,320
Insurance — 5.9%
Everest Re Group Ltd.		9,743		2,556,953
Marsh & McLennan Cos., Inc.		20,208		3,016,852
Progressive Corp.		33,804		3,928,363
Selective Insurance Group, Inc.		18,477		1,504,028
Willis Towers Watson PLC		21,284		4,276,807
				15,283,003
Interactive Media & Services — 3.7%
Alphabet, Inc., Class C(1)		88,594		8,518,313
Meta Platforms, Inc., Class A(1)		8,783		1,191,677
				9,709,990
Internet & Direct Marketing Retail — 1.1%
Amazon.com, Inc.(1)		24,425		2,760,025
				2,760,025
IT Services — 12.0%
Amdocs Ltd.		44,108		3,504,381
Automatic Data Processing, Inc.		13,922		3,149,017
Fidelity National Information Services, Inc.		53,268		4,025,463
Genpact Ltd.		117,796		5,155,931
Mastercard, Inc., Class A		8,154		2,318,508
Paychex, Inc.		40,570		4,552,360
VeriSign, Inc.(1)		24,047		4,176,964
Visa, Inc., Class A		24,905		4,424,373
				31,306,997
Life Sciences Tools & Services — 0.5%
Thermo Fisher Scientific, Inc.		2,569		1,302,971
				1,302,971
Media — 1.2%
Comcast Corp., Class A		103,866		3,046,390
				3,046,390
Multi-Utilities — 1.2%
Ameren Corp.		25,398		2,045,809
CenterPoint Energy, Inc.		38,755		1,092,116
				3,137,925

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN STRATEGIC LARGE CAP CORE VIP FUND

September 30, 2022 (unaudited)	Shares		Value
Common Stocks — (continued)
Oil, Gas & Consumable Fuels — 1.4%
Shell PLC, ADR		75,006	$	3,732,298
				3,732,298
Pharmaceuticals — 7.0%
Eli Lilly and Co.		12,052		3,897,014
Johnson & Johnson		23,975		3,916,556
Merck & Co., Inc.		76,940		6,626,073
Roche Holding AG, ADR		95,780		3,890,583
				18,330,226
Professional Services — 1.9%
Booz Allen Hamilton Holding Corp.		39,792		3,674,791
RELX PLC, ADR		53,740		1,306,419
				4,981,210
Semiconductors & Semiconductor Equipment — 3.8%
Analog Devices, Inc.		4,151		578,400
Broadcom, Inc.		13,782		6,119,346
KLA Corp.		7,050		2,133,542
Texas Instruments, Inc.		6,540		1,012,261
				9,843,549
Software — 13.4%
Adobe, Inc.(1)		10,320		2,840,064
Microsoft Corp.		75,164		17,505,695
NortonLifeLock, Inc.		216,369		4,357,672
Oracle Corp.		78,439		4,790,270
ServiceNow, Inc.(1)		6,080		2,295,869
VMware, Inc., Class A		28,735		3,059,128
				34,848,698
Specialty Retail — 4.6%
AutoZone, Inc.(1)		3,746		8,023,670
O’Reilly Automotive, Inc.(1)		5,735		4,033,712
				12,057,382
Technology Hardware, Storage & Peripherals — 3.7%
Apple, Inc.		70,094		9,686,991
				9,686,991
Tobacco — 2.2%
Altria Group, Inc.		49,511		1,999,254
Philip Morris International, Inc.		44,856		3,723,497
				5,722,751
Total Common Stocks (Cost $286,526,294)				248,501,528
	Principal Amount		Value
Short–Term Investments — 4.6%
Repurchase Agreements — 4.6%
Fixed Income Clearing Corp., 0.83%, dated 9/30/2022, proceeds at maturity value of $11,920,018, due 10/3/2022(2)	$	11,919,193		11,919,193
Total Repurchase Agreements (Cost $11,919,193)				11,919,193

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN STRATEGIC LARGE CAP CORE VIP FUND

September 30, 2022 (unaudited)	Value
Total Investments — 100.0% (Cost $298,445,487)	$	260,420,721
Liabilities in excess of other assets — (0.0)%		(11,151	)
Total Net Assets — 100.0%	$	260,409,570

(1) Non–income–producing security.

(2) The table below presents collateral for repurchase agreements.

Security	Coupon			Maturity Date		Principal Amount		Value
U.S. Treasury Note		0.75	%		12/31/2023	$	12,695,200	$	12,157,634

Legend:

ADR – American Depositary Receipt

See accompanying Notes to Schedule of Investments.

SCHEDULE OF INVESTMENTS

GUARDIAN STRATEGIC LARGE CAP CORE VIP FUND

The following is a summary of the inputs used as of September 30, 2022 in valuing the Fund’s investments. For more information on valuation inputs, please refer to the Fair Value Measurements section of the accompanying Notes to Schedule of Investments.

	— Valuation Inputs —
Investments in Securities (unaudited)	Level 1		Level 2		Level 3		Total
Common Stocks	$	248,501,528	$	—	$	—	$	248,501,528
Repurchase Agreements		—		11,919,193		—		11,919,193
Total	$	248,501,528	$	11,919,193	$	—	$	260,420,721

See accompanying Notes to Schedule of Investments.

Notes to Schedule of Investments (unaudited)

Restricted and Illiquid Securities

A restricted security cannot be resold to the general public without prior registration under the Securities Act of 1933, as amended (except pursuant to an applicable exemption). The values of these securities may be highly volatile. If the security is subsequently registered and resold, the issuer would typically bear the expense of all registrations at no cost to a Fund. Restricted and illiquid securities are valued according to the policies and procedures adopted by the Trust’s Board of Trustees and are noted, if any, in the Funds’ Schedule of Investments. As of September 30, 2022, Guardian Mid Cap Relative Value VIP Fund held two illiquid securities, and Guardian Diversified Research VIP Fund and Guardian Core Plus Fixed Income VIP Fund each held one illiquid security.

Fair Value Measurements

In accordance with Financial Accounting Standards Board (“FASB”) Codification Topic 820 (“ASC Topic 820”), fair value is defined as the price that the Fund would receive upon selling an investment in an “arm’s length” transaction to a willing buyer in the principal or most advantageous market for the investment. ASC Topic 820 established a hierarchy for classification of fair value measurements for disclosure purposes. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the reporting entity. Unobservable inputs are inputs that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability based on the best information available in the circumstances. The hierarchy of inputs is summarized in the three broad levels listed below.

• Level 1 — unadjusted inputs using quoted prices in active markets for identical investments.

• Level 2 — other significant observable inputs, including, but not limited to, quoted prices for similar investments, inputs other than quoted prices that are observable for investments (such as interest rates, prepayment speeds, credit risks, etc.) or other market corroborated inputs.

• Level 3 — significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments).

Inputs may include price information, volatility statistics, specific and broad credit data, liquidity statistics, and other factors. A financial instrument’s level within the fair value hierarchy is based on the lowest level of any input; both individually and in aggregate, that is significant to the fair value measurement. However, the determination of what constitutes “observable” requires significant judgment by the Trust. The Trust considers observable data to be that market data which is readily available, regularly distributed or updated, reliable and verifiable, and provided by independent sources that are actively involved in the relevant market. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. Changes in valuation techniques may result in transfers into or out of a financial instrument’s assigned level within the hierarchy.

The FASB requires reporting entities to make disclosures about purchases, sales, issuances and settlements of Level 3 securities on a gross basis. As of September 30, 2022, there were no transfers into or out of Level 3 of the fair value hierarchy.

The Funds’ policy is to recognize transfers between Level 1, Level 2 and Level 3 at the end of the reporting period. Transfers between Levels 1 and 2 related to certain exchange-traded foreign securities whose prices may have been affected by events occurring after the close of trading on the exchange and, as a result, whose value were determined by a pricing service using pricing models in accordance with methods approved by the Funds’ Board of Trustees. Transfers between Levels 2 and 3 relate to securities which have significant unobservable inputs, as they trade infrequently or not at all.

In determining a financial instrument’s placement within the hierarchy, the Trust separates the Funds’ investment portfolios into two categories: investments and derivatives (e.g., futures). A summary of inputs used to value the Funds’ assets and liabilities carried at fair value as of September 30, 2022 is included in the Schedule of Investments.

Investments Investments whose values are based on quoted market prices in active markets, and are therefore classified within Level 1, include active listed equities. Investments that trade in markets that are not considered to be active, but are valued based on quoted market prices, dealer quotations or alternative pricing sources supported by observable inputs are classified within Level 2. These include certain U.S. government and sovereign obligations, most government agency securities, investment-grade corporate bonds, certain mortgage products, state, municipal and provincial obligations, and certain foreign equity securities, including securities whose prices may have been affected by events occurring after the close of trading on their principal exchange or market and, as a result, whose values are determined by a pricing service as described above, or securities whose values are otherwise determined using fair valuation methods approved by the Funds’ Board of Trustees.

Investments classified within Level 3 have significant unobservable inputs, as they trade infrequently or not at all. Level 3 investments include, among others, private placement securities. When observable prices are not available for these securities, the Trust uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the Trust in estimating the value of Level 3 investments include, for example, the original transaction price, recent transactions in the same or similar instruments, completed or pending third-party transactions in the underlying investment or comparable issuers, subsequent rounds of financing, recapitalizations, and other transactions across the capital structure. Level 3 investments may also be adjusted to reflect illiquidity and/or non-transferability, with the amount of such discount estimated by the Trust in the absence of market information. Assumptions used by the Trust due to the lack of observable inputs may significantly impact the resulting fair value and therefore the Funds’ results of operations. As of September 30, 2022, the Funds had no securities classified as Level 3.

Derivatives Exchange-traded derivatives, such as futures contracts, exchange-traded option contracts and certain swaps, are typically classified within Level 1 or Level 2 of the fair value hierarchy depending on whether or not they are deemed to be actively traded. Certain non-exchange-traded derivatives, such as generic forwards, certain swaps and options, have inputs which can generally be corroborated by market data and are therefore classified within Level 2. During the period ended September 30, 2022, Guardian Balanced Allocation VIP Fund, Guardian Core Fixed Income VIP Fund, Guardian Core Plus Fixed Income VIP Fund, Guardian Multi-Sector Bond VIP Fund, Guardian Short Duration Bond VIP Fund, Guardian Total Return Bond VIP Fund, and Guardian U.S. Government Securities VIP Fund entered into U.S. Treasury futures contracts to manage portfolio duration. During the period ended September 30, 2022, Guardian Select Mid Cap Core VIP Fund entered into equity futures contracts to equitize cash and keep the Fund fully invested. During the period ended September 30, 2022, Guardian Multi-Sector Bond VIP Fund, Guardian Short Duration Bond VIP Fund, and Guardian Total Return Bond VIP Fund entered into credit default swaps for risk exposure management and to enhance potential return.

As of September 8, 2022, the Board of Trustees has designated Park Avenue Institutional Advisers LLC, the Fund’s investment adviser (“Park Avenue”) as the Fund’s valuation designee pursuant to Rule 2a-5 under the Investment Company Act of 1940 (the “Valuation Designee”). Subject to the oversight of the Board of Trustees, the Valuation Designee monitors the appropriateness of fair values based on results of ongoing valuation oversight, including but not limited to consideration of security specific events, market events, and pricing vendor and broker-dealer due diligence under policies and procedures approved by the Board of Trustees. The Valuation Designee oversees and carries out the policies for the valuation of investments held in the Fund. The Valuation Designee is responsible for assessing the potential impacts to the fair values on an ongoing basis, and provides fair value reports to the Board of Trustees on at least a quarterly basis.

For information about the Funds’ policy regarding valuation of investments and other significant accounting policies, please see the Funds’ most recent annual report to shareholders filed on the Securities and Exchange Commission’s website at https://www.sec.gov.