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      <invstOrSec>
        <name>Oxford Industries, Inc.</name>
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      <invstOrSec>
        <name>Heska Corp.</name>
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      <invstOrSec>
        <name>Jabil Inc.</name>
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        <name>Bloomin' Brands, Inc.</name>
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        <name>ICU Medical, Inc.</name>
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        <name>Lattice Semiconductor Corp.</name>
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        <name>Glacier Bancorp, Inc.</name>
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        <name>Overstock.com, Inc.</name>
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        <name>Curtiss-Wright Corp.</name>
        <lei>TEL51ETZWP7D0ZM4X325</lei>
        <title>Curtiss-Wright Corp.</title>
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        <name>Alight, Inc.</name>
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        <name>Cactus, Inc.</name>
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        <name>Gaming and Leisure Properties, Inc.</name>
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        <name>Mirati Therapeutics, Inc.</name>
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        <name>Invesco Government &amp; Agency Portfolio</name>
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        <name>Montrose Environmental Group, Inc.</name>
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        <name>Univar Solutions Inc.</name>
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        <name>Southwestern Energy Co.</name>
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        <name>Eastgroup Properties, Inc.</name>
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        <name>Taylor Morrison Home Corp.</name>
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        <name>Knight-Swift Transportation Holdings Inc.</name>
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        <name>Essent Group Ltd.</name>
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        <name>Descartes Systems Group Inc. (The)</name>
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        <name>QuidelOrtho Corp.</name>
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        <title>QuidelOrtho Corp.</title>
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        <name>Visteon Corp.</name>
        <lei>549300MOVLYHRW4GGW78</lei>
        <title>Visteon Corp.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Casella Waste Systems, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pinnacle Financial Partners, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Power Integrations, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Vertiv Holdings Co.</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SJW Group</name>
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          <isin value="US7843051043"/>
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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>Workiva Inc.</name>
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        <title>Workiva Inc.</title>
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          <isin value="US98139A1051"/>
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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>AtriCure, 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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      <invstOrSec>
        <name>Eventbrite, Inc.</name>
        <lei>549300N6XBV2B1FAUF55</lei>
        <title>Eventbrite, Inc., Class A</title>
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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>Ashland Inc.</name>
        <lei>529900E4L9R04SB8HB11</lei>
        <title>Ashland Inc.</title>
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          <isin value="US0441861046"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Natera, Inc.</name>
        <lei>N/A</lei>
        <title>Natera, Inc.</title>
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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>INVESCO PRIVATE GOVERNMENT FUND</name>
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        <title>INVESCO PRIVATE GOVERNMENT FUND</title>
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        <assetCat>STIV</assetCat>
        <issuerCat>PF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <cashCollateralCondition cashCollateralVal="9816736.85000000" isCashCollateral="Y"/>
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      <invstOrSec>
        <name>Community Bank System, Inc.</name>
        <lei>5299008N6YHE6GCP1E80</lei>
        <title>Community Bank System, Inc.</title>
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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>Chart Industries, Inc.</name>
        <lei>EM7QGKC1GYOF3LSZSL80</lei>
        <title>Chart Industries, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Encompass Health Corp.</name>
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        <title>Encompass Health Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>NV5 Global, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>R1 RCM Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Graphic Packaging Holding Co.</name>
        <lei>N/A</lei>
        <title>Graphic Packaging Holding Co.</title>
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        <name>Concentrix Corp.</name>
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        <title>Concentrix Corp.</title>
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        <name>Ascendis Pharma A/S</name>
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        <title>Ascendis Pharma A/S, ADR</title>
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        <invCountry>DK</invCountry>
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        <name>Federated Hermes, Inc.</name>
        <lei>R05X5UQ874RGFF7HHD84</lei>
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        <name>Ollie's Bargain Outlet Holdings, Inc.</name>
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        <title>Ollie's Bargain Outlet Holdings, Inc.</title>
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        <name>SouthState Corp.</name>
        <lei>549300JZUANXM0YQ4W53</lei>
        <title>SouthState Corp.</title>
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        <name>Ranger Oil Corp.</name>
        <lei>5493003S4AVU6OSXB118</lei>
        <title>Ranger Oil Corp.</title>
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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>Tenet Healthcare Corp.</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>Tenet Healthcare Corp.</title>
        <cusip>88033G407</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FirstService Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Travel + Leisure Co.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Matador Resources Co.</name>
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        <name>Arvinas, Inc.</name>
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      <invstOrSec>
        <name>OrthoPediatrics Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Simulations Plus, Inc.</name>
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        <name>Hanover Insurance Group, Inc. (The)</name>
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        <name>INVESCO PRIVATE PRIME FUND</name>
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        <assetCat>STIV</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>Primerica, 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>Pacific Premier Bancorp, 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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        <name>Manhattan Associates, Inc.</name>
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        <title>Manhattan Associates, Inc.</title>
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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>Renaissancere Holdings Ltd.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>BM</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Air Transport Services Group, Inc.</name>
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        <name>CONMED Corp.</name>
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        <title>CONMED Corp.</title>
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        <name>Flex Ltd.</name>
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        <title>Flex Ltd.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Karuna Therapeutics, Inc.</name>
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        <name>Science Applications International Corp.</name>
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        <name>Willscot Mobile Mini Holdings Corp.</name>
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        <name>Diodes Inc.</name>
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        <name>Papa John's International, Inc.</name>
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        <name>Calavo Growers, Inc.</name>
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        <name>Huron Consulting Group Inc.</name>
        <lei>549300NGVB9H6TKTLE36</lei>
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        <name>PENN Entertainment, Inc.</name>
        <lei>N/A</lei>
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        <name>LPL Financial Holdings Inc.</name>
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        <title>LPL Financial Holdings Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Hostess Brands, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Invesco Liquid Assets Portfolio</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Selective Insurance Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Badger Meter, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Lithia Motors, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ITT Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>iRhythm Technologies, Inc.</name>
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        <name>Blucora, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Reinsurance Group of America, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Summit Materials, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CRISPR Therapeutics AG</name>
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        <invCountry>CH</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>EnerSys</name>
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        <title>EnerSys</title>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CACI International Inc.</name>
        <lei>SYRPI2D1O9WRTS2WX210</lei>
        <title>CACI International Inc., Class A</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Commvault Systems, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>STAG Industrial, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>TMX Group Ltd.</name>
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        <name>Weatherford International PLC</name>
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        <name>ONE Gas, Inc.</name>
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        <name>Sprouts Farmers Market, Inc.</name>
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        <name>Webster Financial Corp.</name>
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        <name>MP Materials Corp.</name>
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        <name>Piper Sandler Cos.</name>
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        <name>Iridium Communications Inc.</name>
        <lei>549300U620NVQ4J1CT96</lei>
        <title>Iridium Communications Inc.</title>
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        <name>Applied Industrial Technologies, Inc.</name>
        <lei>549300NU173IJRC6PO38</lei>
        <title>Applied Industrial Technologies, Inc.</title>
        <cusip>03820C105</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Owens &amp; Minor, Inc.</name>
        <lei>549300LMT5KQQXCEZ733</lei>
        <title>Owens &amp; Minor, Inc.</title>
        <cusip>690732102</cusip>
        <identifiers>
          <isin value="US6907321029"/>
        </identifiers>
        <balance>57549.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1123931.97000000</valUSD>
        <pctVal>0.578832062667</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>2023-01-30</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>
