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      <regFileNumber>811-07452</regFileNumber>
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      <invstOrSec>
        <name>Darden Restaurants, Inc.</name>
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      <invstOrSec>
        <name>Automatic Data Processing, Inc.</name>
        <lei>HGBOLILQXWER4SAL2I23</lei>
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        <name>Invesco Private Prime Fund</name>
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        <name>Cullen/Frost Bankers, Inc.</name>
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        <name>BASF S.E.</name>
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        <name>Mondelez International, Inc.</name>
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        <name>Anheuser-Busch InBev S.A./N.V.</name>
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        <name>Heineken N.V.</name>
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        <name>Suncor Energy, Inc.</name>
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        <name>Sonoco Products Co.</name>
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        <name>Harley-Davidson, Inc.</name>
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        <name>L'Oreal S.A.</name>
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        <name>Fifth Third Bancorp</name>
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        <name>Bristol-Myers Squibb Co.</name>
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        <name>Siemens AG</name>
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        <name>General Dynamics Corp.</name>
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        <name>United Parcel Service, Inc.</name>
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        <name>International Business Machines Corp.</name>
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        <name>Stanley Black &amp; Decker, Inc.</name>
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        <name>Hartford Financial Services Group, Inc. (The)</name>
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        <name>M&amp;T Bank Corp.</name>
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        <name>AT&amp;T, Inc.</name>
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        <title>AT&amp;T, Inc.</title>
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        <name>Campbell Soup Co.</name>
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        <title>Campbell Soup Co.</title>
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      <invstOrSec>
        <name>Kraft Heinz Co. (The)</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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      <invstOrSec>
        <name>Deere &amp; Co.</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>Columbia Sportswear Co.</name>
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          <isin value="US1985161066"/>
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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>American Express Co.</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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      <invstOrSec>
        <name>Emerson Electric Co.</name>
        <lei>FGLT0EWZSUIRRITFOA30</lei>
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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>Raytheon Technologies Corp.</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>Zions Bancorp N.A.</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Travelers Cos., Inc. (The)</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Target Corp.</name>
        <lei>8WDDFXB5T1Z6J0XC1L66</lei>
        <title>Target Corp.</title>
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          <isin value="US87612E1064"/>
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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>KeyCorp</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Avery Dennison Corp.</name>
        <lei>549300PW7VPFCYKLIV37</lei>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Invesco Private Government Fund</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ConocoPhillips Co.</name>
        <lei>WPTL2Z3FIYTHSP5V2253</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Merck &amp; Co., Inc.</name>
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        <name>Coca-Cola Co. (The)</name>
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        <name>PPL Corp.</name>
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        <name>Comerica, Inc.</name>
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        <name>ABB Ltd.</name>
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        <name>Duke Energy Corp.</name>
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        <title>Duke Energy Corp.</title>
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        <name>Invesco Government &amp; Agency Portfolio</name>
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        <name>Dominion Energy, Inc.</name>
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        <name>Johnson &amp; Johnson</name>
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        <name>Baker Hughes Co.</name>
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        <title>Baker Hughes Co., Class A</title>
        <cusip>05722G100</cusip>
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        <name>Eli Lilly and Co.</name>
        <lei>FRDRIPF3EKNDJ2CQJL29</lei>
        <title>Eli Lilly and Co.</title>
        <cusip>532457108</cusip>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>PNC Financial Services Group, Inc. (The)</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Walt Disney Co. (The)</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Federated Investors, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>TJX Cos., Inc. (The)</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Cummins, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Procter &amp; Gamble Co. (The)</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Invesco Treasury Portfolio</name>
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        <title>Invesco Treasury Portfolio, Institutional Class</title>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>General Mills, Inc.</name>
        <lei>2TGYMUGI08PO8X8L6150</lei>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Exelon Corp.</name>
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        <title>Exelon Corp.</title>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kimberly-Clark Corp.</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Weyerhaeuser Co.</name>
        <lei>08IRJODWFYBI7QWRGS31</lei>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Entergy Corp.</name>
        <lei>4XM3TW50JULSLG8BNC79</lei>
        <title>Entergy Corp.</title>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>SSE PLC</name>
        <lei>549300KI75VYLLMSK856</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Flowserve Corp.</name>
        <lei>6Y0GK87T6V7NJKZJVM41</lei>
        <title>Flowserve Corp.</title>
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        <name>Nutrien Ltd.</name>
        <lei>5493002QQ7GD21OWF963</lei>
        <title>Nutrien Ltd.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Pentair PLC</name>
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        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>American Electric Power Co., Inc.</name>
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        <title>American Electric Power Co., Inc.</title>
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        <name>Deutsche Telekom AG</name>
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        <name>Consolidated Edison, Inc.</name>
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        <name>Nestle S.A.</name>
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        <title>Nestle S.A.</title>
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        <name>Invesco Liquid Assets Portfolio</name>
        <lei>549300DC1W0JSX3QRC47</lei>
        <title>Invesco Liquid Assets Portfolio, Institutional Class</title>
        <cusip>825252729</cusip>
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        <name>3M Co.</name>
        <lei>LUZQVYP4VS22CLWDAR65</lei>
        <title>3M Co.</title>
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        <name>Bayer AG</name>
        <lei>549300J4U55H3WP1XT59</lei>
        <title>Bayer AG</title>
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        <invCountry>DE</invCountry>
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        <name>Sysco Corp.</name>
        <lei>5RGWIFLMGH3YS7KWI652</lei>
        <title>Sysco Corp.</title>
        <cusip>871829107</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>International Paper Co.</name>
        <lei>824LMFJDH41EY779Q875</lei>
        <title>International Paper Co.</title>
        <cusip>460146103</cusip>
        <identifiers>
          <isin value="US4601461035"/>
        </identifiers>
        <balance>115671.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4072775.91000000</valUSD>
        <pctVal>1.002026452412</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-08-14</ncom:dateSigned>
      <ncom:nameOfApplicant>AIM Variable Insurance Funds (Invesco Variable Insurance Funds)</ncom:nameOfApplicant>
      <ncom:signature>Sheri Morris</ncom:signature>
      <ncom:signerName>Sheri Morris</ncom:signerName>
      <ncom:title>President</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
