0000815425 2025-01-01 2025-06-30 0000815425 cfvit:C000206837Member 2025-01-01 2025-06-30 0000815425 cfvit:C000174387Member 2025-01-01 2025-06-30 0000815425 cfvit:C000206837Member 2025-06-30 0000815425 cfvit:LongEquityRiskMember cfvit:C000206837Member 2025-06-30 0000815425 cfvit:LongInterestRateRiskMember cfvit:C000206837Member 2025-06-30 0000815425 cfvit:ExchangeTradedEquityFundsMember cfvit:C000206837Member 2025-06-30 0000815425 cfvit:OtherMember cfvit:C000206837Member 2025-06-30 0000815425 cfvit:ShortEquityRiskMember cfvit:C000206837Member 2025-06-30 0000815425 cfvit:FixedIncomeFundMember cfvit:C000206837Member 2025-06-30 0000815425 cfvit:EquityFundMember cfvit:C000206837Member 2025-06-30 0000815425 cfvit:MoneyMarketFundMember cfvit:C000206837Member 2025-06-30 0000815425 cfvit:ResidentialMortgageBackedSecuritiesAgencyMember cfvit:C000206837Member 2025-06-30 0000815425 cfvit:ExchangeTradedFixedIncomeFundsMember cfvit:C000206837Member 2025-06-30 0000815425 cfvit:C000174387Member 2025-06-30 0000815425 cfvit:LongEquityRiskMember cfvit:C000174387Member 2025-06-30 0000815425 cfvit:LongInterestRateRiskMember cfvit:C000174387Member 2025-06-30 0000815425 cfvit:ExchangeTradedEquityFundsMember cfvit:C000174387Member 2025-06-30 0000815425 cfvit:OtherMember cfvit:C000174387Member 2025-06-30 0000815425 cfvit:ShortEquityRiskMember cfvit:C000174387Member 2025-06-30 0000815425 cfvit:FixedIncomeFundMember cfvit:C000174387Member 2025-06-30 0000815425 cfvit:EquityFundMember cfvit:C000174387Member 2025-06-30 0000815425 cfvit:MoneyMarketFundMember cfvit:C000174387Member 2025-06-30 0000815425 cfvit:ResidentialMortgageBackedSecuritiesAgencyMember cfvit:C000174387Member 2025-06-30 0000815425 cfvit:ExchangeTradedFixedIncomeFundsMember cfvit:C000174387Member 2025-06-30 iso4217:USD pure cfvit:Holding N-CSRS false 0000815425 N-1A true 0.034 0.003 0.398 0.330 0.165 0.086 0.063 true 0.034 0.003 0.398 0.330 0.165 0.086 0.063 Columbia Funds Variable Insurance Trust 2025-06-30 Variable Portfolio – U.S. Flexible Conservative Growth Fund Class 1 This<div style="display:inline;"> semi-annual shareholder report</div> contains important information about Variable Portfolio – U.S. Flexible Conservative Growth Fund (the Fund) for the period of January 1, 2025 to June 30, 2025. semi-annual shareholder report You can find additional information about the Fund at <div style="text-decoration-line: underline; color: rgb(0, 40, 74); font-family: Arial; font-size: 10pt; line-height: 1.3; letter-spacing: 0px; top: 0px;display:inline;">columbiathreadneedleus.com/resources/literature</div>. You can also request more information by contacting us at <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">1-800-345-6611.</div> columbiathreadneedleus.com/resources/literature 1-800-345-6611 <div style="margin-top: 0; font-weight: bold; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 12pt; margin-bottom: 3pt;">What were the Fund costs for the reporting period?</div><div style="margin-top: 0; margin-bottom: 0; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 10pt;"><div style="font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 10pt;font-style:italic;display:inline;">(Based on a hypothetical $10,000 investment)</div> </div><table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;"><tr style="break-after: avoid; border-bottom-style: solid; border-bottom-width: 0.5pt; break-inside: avoid-page; height: auto; border-bottom-color: rgb(190, 231, 248);"><td style="break-inside: avoid-page; color: rgb(0, 40, 74); font-size: 8pt; text-align: left; vertical-align: bottom; font-family: 'Arial'; border-bottom-color: rgb(190, 231, 248); border-bottom-style: solid; border-bottom-width: 0.5pt; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt;">Class</td><td style="break-inside: avoid-page; text-align: right; color: rgb(0, 40, 74); font-size: 8pt; vertical-align: bottom; font-family: 'Arial'; border-bottom-color: rgb(190, 231, 248); border-bottom-style: solid; border-bottom-width: 0.5pt; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt;">Cost of a $10,000 investment</td><td style="break-inside: avoid-page; text-align: right; color: rgb(0, 40, 74); font-size: 8pt; vertical-align: bottom; font-family: 'Arial'; border-bottom-color: rgb(190, 231, 248); border-bottom-style: solid; border-bottom-width: 0.5pt; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt;">Cost paid as a percentage of a $10,000 investment</td></tr><tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: auto; border-bottom-color: initial;"><td style="break-inside: avoid-page; text-align: left; vertical-align: bottom; color: rgb(0, 40, 74); font-size: 8pt; font-family: 'Arial'; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt;">Class 1</td><td style="break-inside: avoid-page; text-align: right; vertical-align: bottom; color: rgb(0, 40, 74); font-size: 8pt; font-family: 'Arial'; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt;"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>15</td><td style="break-inside: avoid-page; text-align: right; white-space: nowrap; vertical-align: bottom; color: rgb(0, 40, 74); font-size: 8pt; font-family: 'Arial'; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt;">0.30<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div><div style="vertical-align: super; font-size: smaller; letter-spacing: 0px; top: 0px;display:inline;">(a)</div></td></tr></table><table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;"><tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: auto; border-bottom-color: initial;"><td style="break-inside: avoid-page; font-family: 'Arial'; font-size: 8pt; color: rgb(0, 40, 74); vertical-align: top; text-align: left; margin-bottom: 0; line-height: normal; padding-top: 0; padding-right: 6pt; padding-bottom: 0; padding-left: 0; width: 9pt;">(a)</td><td style="break-inside: avoid-page; font-family: 'Arial'; font-size: 8pt; color: rgb(0, 40, 74); vertical-align: top; text-align: left; margin-bottom: 0; line-height: normal; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;"><div style="margin-top: 0; font-family: 'Arial'; font-size: 8pt; color: rgb(0, 40, 74); vertical-align: top; text-align: left; margin-bottom: 0; line-height: normal;">Annualized.</div></td></tr></table> 15 0.003 <div style="font-weight: bold; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 12pt; margin-bottom: 3pt; margin-top: 10pt;">Key Fund Stati<div style="display:inline;">s</div>tics</div><table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;"><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(190, 231, 248); border-top-color: rgb(190, 231, 248); border-top-style: solid; border-top-width: 0.5pt;"><td style="break-inside: avoid-page; padding: 6pt 10pt 3pt; text-align: left; color: rgb(0, 40, 74); font-size: 8pt; font-family: Arial; vertical-align: middle; width: 75%; line-height: normal;"><div style="font-weight:bolder;display:inline;">Fund net assets</div></td><td style="break-inside: avoid-page; text-align: right; padding-left: 10pt; padding-right: 10pt; color: rgb(0, 40, 74); font-size: 8pt; font-family: 'Arial'; padding-top: 6pt; padding-bottom: 3pt; vertical-align: middle; line-height: normal;"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>320,076,144</td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(190, 231, 248);"><td style="break-inside: avoid-page; padding: 6pt 10pt 3pt; text-align: left; color: rgb(0, 40, 74); font-size: 8pt; font-family: Arial; vertical-align: middle; width: 75%; line-height: normal;"><div style="font-weight:bolder;display:inline;">Total number of portfolio holdings</div></td><td style="break-inside: avoid-page; text-align: right; padding-left: 10pt; padding-right: 10pt; color: rgb(0, 40, 74); font-size: 8pt; font-family: 'Arial'; padding-top: 6pt; padding-bottom: 3pt; vertical-align: middle; line-height: normal;">41</td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(190, 231, 248);"><td style="break-inside: avoid-page; padding: 6pt 10pt 3pt; text-align: left; color: rgb(0, 40, 74); font-size: 8pt; font-family: Arial; vertical-align: middle; width: 75%; line-height: normal;"><div style="font-weight:bolder;display:inline;">Portfolio turnover for the reporting period</div></td><td style="break-inside: avoid-page; text-align: right; padding-left: 10pt; padding-right: 10pt; color: rgb(0, 40, 74); font-size: 8pt; font-family: 'Arial'; padding-top: 6pt; padding-bottom: 3pt; vertical-align: middle; line-height: normal;">100%</td></tr></table> 320076144 41 1 <div style="margin-top: 0; font-weight: bold; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 12pt; margin-bottom: 3pt;">Graphical Representation of Fund<div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"> </div>Holdings</div><div style="margin-top: 0; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 10pt; line-height: 1.3; margin-bottom: 10pt;">The tables below show the investment makeup of the Fund represented as a percentage of Fund net assets. <div style="display:inline;">Derivatives </div>are excluded from the tables unless otherwise noted. The <div style="display:inline;">Fund's </div>portfolio composition is subject to change.</div><div style="display: block; margin-bottom: 20pt;"><div style="width: 33%; flex-grow: 1; flex-shrink: 1; flex-basis: auto; border-right-color: initial; border-right-style: none; border-right-width: initial; padding-left: 0; border-left-color: initial; border-left-style: none; border-left-width: initial; float: none; display: table-cell;"><div style="max-width: 270pt; padding-right: 6pt; padding-left: 0;"><div style="border-bottom-width: 0.5pt; border-bottom-style: solid; font-family: 'Arial'; color: rgb(0, 40, 74); text-transform: none; letter-spacing: normal; font-size: 10pt; border-bottom-color: rgb(190, 231, 248); text-align: center; margin-bottom: 5pt; margin-top: 5pt; padding-bottom: 5pt;"><div style="font-weight:bolder;display:inline;">Derivative Exposure</div> </div></div><div style="max-width: 270pt; padding-right: 6pt; padding-left: 0;"><table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;"><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(190, 231, 248); height: auto; line-height: 12pt;"><td style="break-inside: avoid-page; text-align: left; height: auto; vertical-align: initial; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 8pt; line-height: 12pt; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; background-color: rgb(255, 255, 255);"></td><td style="break-inside: avoid-page; text-align: right; height: auto; vertical-align: initial; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 8pt; line-height: 12pt; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; background-color: rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;width:100%;">Long</div></td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(190, 231, 248); height: auto; line-height: 12pt;"><td style="break-inside: avoid-page; text-align: left; height: auto; vertical-align: initial; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 8pt; line-height: 12pt; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt;">Equity Risk</td><td style="break-inside: avoid-page; text-align: right; white-space: nowrap; height: auto; vertical-align: initial; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 8pt; line-height: 12pt; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt;">3.1<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(190, 231, 248); height: auto; line-height: 12pt;"><td style="break-inside: avoid-page; text-align: left; height: auto; vertical-align: initial; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 8pt; line-height: 12pt; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt;">Interest Rate Risk</td><td style="break-inside: avoid-page; text-align: right; white-space: nowrap; height: auto; vertical-align: initial; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 8pt; line-height: 12pt; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt;">6.9<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(190, 231, 248); height: auto; line-height: 12pt;"><td style="break-inside: avoid-page; text-align: left; height: auto; vertical-align: initial; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 8pt; line-height: 12pt; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; background-color: rgb(255, 255, 255);"></td><td style="break-inside: avoid-page; text-align: right; height: auto; vertical-align: initial; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 8pt; line-height: 12pt; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; background-color: rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;width:100%;">Short</div></td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; line-height: 12pt; border-bottom-color: rgb(190, 231, 248);"><td style="break-inside: avoid-page; text-align: left; height: auto; vertical-align: initial; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 8pt; line-height: 12pt; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt;">Equity Risk</td><td style="break-inside: avoid-page; text-align: right; white-space: nowrap; height: auto; vertical-align: initial; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 8pt; line-height: 12pt; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt;">19.1<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr></table></div></div><div style="width: 33%; flex-grow: 1; flex-shrink: 1; flex-basis: auto; border-left-color: rgb(190, 231, 248); border-left-style: solid; border-left-width: 0.5pt; border-right-color: initial; border-right-style: none; border-right-width: initial; float: none; display: table-cell;"><div style="padding-left: 6pt; padding-right: 0;"><div style="border-bottom-width: 0.5pt; border-bottom-style: solid; font-family: 'Arial'; color: rgb(0, 40, 74); text-transform: none; letter-spacing: normal; font-size: 10pt; border-bottom-color: rgb(190, 231, 248); text-align: center; margin-bottom: 5pt; margin-top: 5pt; padding-bottom: 5pt;"><div style="font-weight:bolder;display:inline;">Asset Categories</div> </div></div><div style="padding-left: 6pt; padding-right: 0;"><img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_3729506.jpg" style="width: 172.8pt;"/> </div></div></div> 0.031 0.069 0.191 Variable Portfolio – U.S. Flexible Conservative Growth Fund Class 2 T<div style="display:inline;">his semi-annual shareholder report contains important information about Variable Portfolio – U.S. Flexible Conservative Growth Fund (the Fund) for the period of January 1, 2025 to June 30, 2025.</div> semi-annual shareholder report You can find additional information about the Fund at <div style="text-decoration-line: underline; color: rgb(0, 40, 74); font-family: Arial; font-size: 10pt; line-height: 1.3; letter-spacing: 0px; top: 0px;display:inline;">columbiathreadneedleus.com/resources/literature</div>. You can also request more information by contacting us at <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">1-800-345-6611.</div> columbiathreadneedleus.com/resources/literature 1-800-345-6611 <div style="margin-top: 0; font-weight: bold; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 12pt; margin-bottom: 3pt;">What were the Fund costs for the reporting period?</div><div style="margin-top: 0; margin-bottom: 0; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 10pt;"><div style="font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 10pt;font-style:italic;display:inline;">(Based on a hypothetical $10,000 investment)</div> </div><table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;"><tr style="break-after: avoid; border-bottom-style: solid; border-bottom-width: 0.5pt; break-inside: avoid-page; height: auto; border-bottom-color: rgb(190, 231, 248);"><td style="break-inside: avoid-page; color: rgb(0, 40, 74); font-size: 8pt; text-align: left; vertical-align: bottom; font-family: 'Arial'; border-bottom-color: rgb(190, 231, 248); border-bottom-style: solid; border-bottom-width: 0.5pt; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt;">Class</td><td style="break-inside: avoid-page; text-align: right; color: rgb(0, 40, 74); font-size: 8pt; vertical-align: bottom; font-family: 'Arial'; border-bottom-color: rgb(190, 231, 248); border-bottom-style: solid; border-bottom-width: 0.5pt; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt;">Cost of a $10,000 investment</td><td style="break-inside: avoid-page; text-align: right; color: rgb(0, 40, 74); font-size: 8pt; vertical-align: bottom; font-family: 'Arial'; border-bottom-color: rgb(190, 231, 248); border-bottom-style: solid; border-bottom-width: 0.5pt; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt;">Cost paid as a percentage of a $10,000 investment</td></tr><tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: auto; border-bottom-color: initial;"><td style="break-inside: avoid-page; text-align: left; vertical-align: bottom; color: rgb(0, 40, 74); font-size: 8pt; font-family: 'Arial'; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt;">Class 2</td><td style="break-inside: avoid-page; text-align: right; vertical-align: bottom; color: rgb(0, 40, 74); font-size: 8pt; font-family: 'Arial'; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt;"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>28</td><td style="break-inside: avoid-page; text-align: right; white-space: nowrap; vertical-align: bottom; color: rgb(0, 40, 74); font-size: 8pt; font-family: 'Arial'; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt;">0.55<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div><div style="vertical-align: super; font-size: smaller; letter-spacing: 0px; top: 0px;display:inline;">(a)</div></td></tr></table><table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;"><tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: auto; border-bottom-color: initial;"><td style="break-inside: avoid-page; font-family: 'Arial'; font-size: 8pt; color: rgb(0, 40, 74); vertical-align: top; text-align: left; margin-bottom: 0; line-height: normal; padding-top: 0; padding-right: 6pt; padding-bottom: 0; padding-left: 0; width: 9pt;">(a)</td><td style="break-inside: avoid-page; font-family: 'Arial'; font-size: 8pt; color: rgb(0, 40, 74); vertical-align: top; text-align: left; margin-bottom: 0; line-height: normal; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;"><div style="margin-top: 0; font-family: 'Arial'; font-size: 8pt; color: rgb(0, 40, 74); vertical-align: top; text-align: left; margin-bottom: 0; line-height: normal;">Annualized.</div></td></tr></table> 28 0.0055 <div style="font-weight: bold; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 12pt; margin-bottom: 3pt; margin-top: 10pt;">Key Fund Sta<div style="display:inline;">ti</div>stics</div><table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;"><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(190, 231, 248); border-top-color: rgb(190, 231, 248); border-top-style: solid; border-top-width: 0.5pt;"><td style="break-inside: avoid-page; padding: 6pt 10pt 3pt; text-align: left; color: rgb(0, 40, 74); font-size: 8pt; font-family: Arial; vertical-align: middle; width: 75%; line-height: normal;"><div style="font-weight:bolder;display:inline;">Fund net assets</div></td><td style="break-inside: avoid-page; text-align: right; padding-left: 10pt; padding-right: 10pt; color: rgb(0, 40, 74); font-size: 8pt; font-family: 'Arial'; padding-top: 6pt; padding-bottom: 3pt; vertical-align: middle; line-height: normal;"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>320,076,144</td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(190, 231, 248);"><td style="break-inside: avoid-page; padding: 6pt 10pt 3pt; text-align: left; color: rgb(0, 40, 74); font-size: 8pt; font-family: Arial; vertical-align: middle; width: 75%; line-height: normal;"><div style="font-weight:bolder;display:inline;">Total number of portfolio holdings</div></td><td style="break-inside: avoid-page; text-align: right; padding-left: 10pt; padding-right: 10pt; color: rgb(0, 40, 74); font-size: 8pt; font-family: 'Arial'; padding-top: 6pt; padding-bottom: 3pt; vertical-align: middle; line-height: normal;">41</td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(190, 231, 248);"><td style="break-inside: avoid-page; padding: 6pt 10pt 3pt; text-align: left; color: rgb(0, 40, 74); font-size: 8pt; font-family: Arial; vertical-align: middle; width: 75%; line-height: normal;"><div style="font-weight:bolder;display:inline;">Portfolio turnover for the reporting period</div></td><td style="break-inside: avoid-page; text-align: right; padding-left: 10pt; padding-right: 10pt; color: rgb(0, 40, 74); font-size: 8pt; font-family: 'Arial'; padding-top: 6pt; padding-bottom: 3pt; vertical-align: middle; line-height: normal;">100%</td></tr></table> 320076144 41 1 <div style="margin-top: 0; font-weight: bold; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 12pt; margin-bottom: 3pt;">Graphical Representation of Fund<div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"> </div>Holdings</div><div style="margin-top: 0; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 10pt; line-height: 1.3; margin-bottom: 10pt;">The tables below show the investment makeup of the Fund represented as a percentage of Fund <div style="display:inline;">net </div>assets. Derivatives are excluded from the tables unless otherwise noted. The Fund's portfolio composition is subject to change.</div><div style="display: block; margin-bottom: 20pt;"><div style="width: 33%; flex-grow: 1; flex-shrink: 1; flex-basis: auto; border-right-color: initial; border-right-style: none; border-right-width: initial; padding-left: 0; border-left-color: initial; border-left-style: none; border-left-width: initial; float: none; display: table-cell;"><div style="max-width: 270pt; padding-right: 6pt; padding-left: 0;"><div style="border-bottom-width: 0.5pt; border-bottom-style: solid; font-family: 'Arial'; color: rgb(0, 40, 74); text-transform: none; letter-spacing: normal; font-size: 10pt; border-bottom-color: rgb(190, 231, 248); text-align: center; margin-bottom: 5pt; margin-top: 5pt; padding-bottom: 5pt;"><div style="font-weight:bolder;display:inline;">Derivative Exposure</div> </div></div><div style="max-width: 270pt; padding-right: 6pt; padding-left: 0;"><table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;"><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(190, 231, 248); height: auto; line-height: 12pt;"><td style="break-inside: avoid-page; text-align: left; height: auto; vertical-align: initial; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 8pt; line-height: 12pt; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; background-color: rgb(255, 255, 255);"></td><td style="break-inside: avoid-page; text-align: right; height: auto; vertical-align: initial; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 8pt; line-height: 12pt; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; background-color: rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;width:100%;">Long</div></td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(190, 231, 248); height: auto; line-height: 12pt;"><td style="break-inside: avoid-page; text-align: left; height: auto; vertical-align: initial; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 8pt; line-height: 12pt; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt;">Equity Risk</td><td style="break-inside: avoid-page; text-align: right; white-space: nowrap; height: auto; vertical-align: initial; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 8pt; line-height: 12pt; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt;">3.1<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(190, 231, 248); height: auto; line-height: 12pt;"><td style="break-inside: avoid-page; text-align: left; height: auto; vertical-align: initial; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 8pt; line-height: 12pt; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt;">Interest Rate Risk</td><td style="break-inside: avoid-page; text-align: right; white-space: nowrap; height: auto; vertical-align: initial; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 8pt; line-height: 12pt; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt;">6.9<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(190, 231, 248); height: auto; line-height: 12pt;"><td style="break-inside: avoid-page; text-align: left; height: auto; vertical-align: initial; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 8pt; line-height: 12pt; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; background-color: rgb(255, 255, 255);"></td><td style="break-inside: avoid-page; text-align: right; height: auto; vertical-align: initial; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 8pt; line-height: 12pt; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; background-color: rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;width:100%;">Short</div></td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; line-height: 12pt; border-bottom-color: rgb(190, 231, 248);"><td style="break-inside: avoid-page; text-align: left; height: auto; vertical-align: initial; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 8pt; line-height: 12pt; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt;">Equity Risk</td><td style="break-inside: avoid-page; text-align: right; white-space: nowrap; height: auto; vertical-align: initial; font-family: 'Arial'; color: rgb(0, 40, 74); font-size: 8pt; line-height: 12pt; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt;">19.1<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr></table></div></div><div style="width: 33%; flex-grow: 1; flex-shrink: 1; flex-basis: auto; border-left-color: rgb(190, 231, 248); border-left-style: solid; border-left-width: 0.5pt; border-right-color: initial; border-right-style: none; border-right-width: initial; float: none; display: table-cell;"><div style="padding-left: 6pt; padding-right: 0;"><div style="border-bottom-width: 0.5pt; border-bottom-style: solid; font-family: 'Arial'; color: rgb(0, 40, 74); text-transform: none; letter-spacing: normal; font-size: 10pt; border-bottom-color: rgb(190, 231, 248); text-align: center; margin-bottom: 5pt; margin-top: 5pt; padding-bottom: 5pt;"><div style="font-weight:bolder;display:inline;">Asset Categories</div> </div></div><div style="padding-left: 6pt; padding-right: 0;"><img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_3729526.jpg" style="width: 172.8pt;"/> </div></div></div> 0.031 0.069 0.191 Annualized.