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      <invstOrSec>
        <name>Waystar Holding Corp.</name>
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      <invstOrSec>
        <name>Eli Lilly and Co.</name>
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      <invstOrSec>
        <name>Thermo Fisher Scientific Inc.</name>
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        <name>Penumbra, Inc.</name>
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        <name>Invesco Treasury Portfolio</name>
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        <assetCat>STIV</assetCat>
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        <name>HCA Healthcare, Inc.</name>
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        <name>Vertex Pharmaceuticals Inc.</name>
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        <name>Cencora, Inc.</name>
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        <name>Gilead Sciences, Inc.</name>
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          <isCashCollateral>N</isCashCollateral>
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        <name>UnitedHealth Group Inc.</name>
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        <title>UnitedHealth Group Inc.</title>
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        <name>Merit Medical Systems, Inc.</name>
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        <name>Royalty Pharma PLC</name>
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        <name>Boston Scientific Corp.</name>
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        <name>Hinge Health, Inc.</name>
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        <name>AbbVie Inc.</name>
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        <name>United Therapeutics Corp.</name>
        <lei>5299005C4HZL4UWROC14</lei>
        <title>United Therapeutics Corp.</title>
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        <name>Avidity Biosciences, Inc.</name>
        <lei>N/A</lei>
        <title>Avidity Biosciences, Inc.</title>
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        <name>Exelixis, Inc.</name>
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        <name>Halozyme Therapeutics, Inc.</name>
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        <name>U C B S.A.</name>
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        <name>Intuitive Surgical, Inc.</name>
        <lei>54930052SRG011710797</lei>
        <title>Intuitive Surgical, Inc.</title>
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        <name>Natera, Inc.</name>
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        <title>Natera, Inc.</title>
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        <name>Rapport Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Rapport Therapeutics, Inc.</title>
        <cusip>75383L102</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Sandoz Group AG</name>
        <lei>5493000JWK6XWFEUD320</lei>
        <title>Sandoz Group AG</title>
        <cusip>H7140B103</cusip>
        <identifiers>
          <isin value="CH1243598427"/>
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      <invstOrSec>
        <name>Soleno Therapeutics, Inc.</name>
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      <invstOrSec>
        <name>RadNet, Inc.</name>
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      <invstOrSec>
        <name>iRhythm Technologies, Inc.</name>
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      <invstOrSec>
        <name>Labcorp Holdings Inc.</name>
        <lei>N/A</lei>
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        <name>Ascendis Pharma A/S</name>
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        <name>BioLife Solutions, Inc.</name>
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        <name>Stryker Corp.</name>
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        <title>Stryker Corp.</title>
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        <name>HealthEquity, Inc.</name>
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        <name>Insulet Corp.</name>
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        <name>GeneDx Holdings Corp.</name>
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        <name>Invesco Private Prime Fund</name>
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        <assetCat>STIV</assetCat>
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        <name>McKesson Corp.</name>
        <lei>549300WZWOM80UCFSF54</lei>
        <title>McKesson Corp.</title>
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        <name>Certara, Inc.</name>
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        <title>Certara, Inc.</title>
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        <name>ADMA Biologics, Inc.</name>
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        <name>BridgeBio Pharma, Inc.</name>
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        <name>Ionis Pharmaceuticals, Inc.</name>
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        <name>Doximity, Inc.</name>
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        <name>Tenet Healthcare Corp.</name>
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        <name>Guardant Health, Inc.</name>
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        <name>Quest Diagnostics Inc.</name>
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        <title>Quest Diagnostics Inc.</title>
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        <name>Twist Bioscience Corp.</name>
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        <name>Caris Life Sciences, Inc.</name>
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        <title>Caris Life Sciences, Inc.</title>
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        <name>LeMaitre Vascular, Inc.</name>
        <lei>549300FZUBUB7MHY8R17</lei>
        <title>LeMaitre Vascular, Inc.</title>
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        <name>Rhythm Pharmaceuticals, Inc.</name>
        <lei>529900JPNWXQ8DPLA551</lei>
        <title>Rhythm Pharmaceuticals, Inc.</title>
        <cusip>76243J105</cusip>
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        <name>Invesco Government &amp; Agency Portfolio</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Welltower Inc.</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Edwards Lifesciences Corp.</name>
        <lei>YA13X31F3V31L8TMPR58</lei>
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          <isin value="US28176E1082"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mettler-Toledo International Inc.</name>
        <lei>5493000BD5GJNUDIUG10</lei>
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          <isin value="US5926881054"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Glaukos Corp.</name>
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          <isin value="US3773221029"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Medpace Holdings, Inc.</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Encompass Health Corp.</name>
        <lei>549300FVRPM9DRQZRG64</lei>
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          <isin value="US29261A1007"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>IDEXX Laboratories, Inc.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Invesco Private Government Fund</name>
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        <issuerCat>PF</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <cashCollateralCondition cashCollateralVal="1512438.74000000" isCashCollateral="Y"/>
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        <name>Cigna Group (The)</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Tarsus Pharmaceuticals, Inc.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Alignment Healthcare, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ResMed Inc.</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Protagonist Therapeutics, Inc.</name>
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        <name>BrightSpring Health Services, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>argenx SE</name>
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        <name>Repligen Corp.</name>
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        <name>Merus N.V.</name>
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        <name>Heartflow, Inc.</name>
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        <name>Alnylam Pharmaceuticals, Inc.</name>
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        <name>Madrigal Pharmaceuticals, Inc.</name>
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        <name>Abbott Laboratories</name>
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    <signature>
      <ncom:dateSigned>2025-10-30</ncom:dateSigned>
      <ncom:nameOfApplicant>AIM Variable Insurance Funds (Invesco Variable Insurance Funds)</ncom:nameOfApplicant>
      <ncom:signature>Adrien Deberghes</ncom:signature>
      <ncom:signerName>Adrien Deberghes</ncom:signerName>
      <ncom:title>Principal Financial Officer and Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
