Variable Portfolio - Partners Small Cap Value Fund
Data updated: 2026-08-28
C000055690 — Variable Portfolio - Partners Small Cap Value Fund. United States Small Cap Value Equity. Holdings, fees, performance and SEC filings.
C000055690 Fund Overview
Variable Portfolio - Partners Small Cap Value Fund is a US mutual fund managed by Columbia Funds Variable Series Trust II, categorised as United States Small Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Columbia Funds Variable Series Trust II
- Category: United States Small Cap Value Equity
- Assets under management: $441.48M
- 1-year return: 40.1%
- SEC CIK: 0001413032
- SEC series ID: S000019853
- Share class ID: C000055690
C000055690 Investment Objective and Strategy
Variable Portfolio - Partners Small Cap Value Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Columbia Funds Variable Series Trust II.
Investment objective
Variable Portfolio Partners Small Cap Value Fund (the Fund) seeks to provide shareholders with long-term capital appreciation.
Principal investment strategy
Under normal circumstances , at least 80% of the Funds net assets ( plus the amount of any borrowings for investment purposes) are invested in small cap companies. For these purposes, small cap companies are those that have a market capitalization that falls within the range of the Russell 2000 Value Index (the Capitalization Index) or up to $2.5 billion, whichever is greater. The Fund may buy and hold stock in a company that is not included in the Index. The market capitalization range of the companies included within the Capitalization Index was $ 18.8 million to $ 19.4 billion as of March 31, 2026 . The market capitalization range and composition of companies in the Capitalization Index are subject to change. As such, the size of the companies in which the Fund invests may change. The Fund may continue to hold a security even if the companys market capitalization is no longer within the range of the Capitalization Index.
Under normal circumstances, the Fund also invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of value companies. The Fund considers value companies to be those companies that are either constituents of an index constructed by a third party to identify companies with various characteristics of value companies, or that have a higher book-to-price (B/P) ratio than the median ranked stock within the companys GICS sector, have a higher EBITDA/EV (earnings before interest, taxes, depreciation and amortization-to-enterprise value) or have a lower price-to-earnings ratio than the median ranked stock within the companys GICS sector. The third-party broad-based index currently used to identify value companies is the Russell 3000 Value Index, although the Fund may change the referenced index without prior notice.
The Fund may invest in any type of security, including common stocks and depositary receipts. The Fund may also invest in exchange-traded funds (ETFs). The Fund may invest up to 25% of its net assets in foreign investments. The Fund may at times emphasize one or more sectors in selecting its investments, including the financials and industrials sectors. The Fund also may invest in real estate investment trusts. Multiple subadvisers provide the day-to-day management of the Funds portfolio. Each of the subadvisers employs an active investment strategy that focuses on small cap companies in an attempt to take advantage of what are believed to be undervalued securities.
C000055690 Holdings
Top 10 holdings of Variable Portfolio - Partners Small Cap Value Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Mercury Systems Inc | 2.47% |
| Timken Co/The | 2.31% |
| National Bank Holdings Corp | 1.61% |
| Belden Inc | 1.57% |
| Seacoast Banking Corp of Florida | 1.51% |
| Valmont Industries Inc | 1.48% |
| Ingevity Corp | 1.44% |
| Texas Capital Bancshares Inc | 1.32% |
| ICU Medical Inc | 1.27% |
| Eagle Materials Inc | 1.24% |
C000055690 Portfolio Allocation
Asset-class allocation of Variable Portfolio - Partners Small Cap Value Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.8% |
| Cash & Equivalents | 1.2% |
C000055690 Performance
Total returns for C000055690 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 24.6% |
| 1 year | 40.1% |
| 3 years (annualised) | 15.6% |
| 5 years (annualised) | 7.4% |
C000055690 Risk Information
Risk metrics for C000055690, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.0%
C000055690 Costs and Fees
C000055690 costs about $97 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.97%
- Gross expense ratio: 1.05%
- Portfolio turnover: 36%
- Brokerage commissions: 6.72 bps of average net assets (SEC N-CEN)
C000055690 Cashflows
Over the 12 months to 2026-06, Variable Portfolio - Partners Small Cap Value Fund had net outflows of $92.94M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$16.51M |
| 2026-05 | −$5.55M |
| 2026-04 | −$10.20M |
| 2026-03 | −$4.48M |
| 2026-02 | −$13.34M |
| 2026-01 | −$13.79M |
C000055690 Debt Constituents
No individual debt constituents are reported in Variable Portfolio - Partners Small Cap Value Fund's latest SEC N-PORT filing.
C000055690 Prospectus and SEC Filings
Official Variable Portfolio - Partners Small Cap Value Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-27
- Prospectus (485BPOS) — filed 2025-04-28
- Prospectus (485BPOS) — filed 2024-04-25
- Portfolio holdings (N-PORT) — filed 2026-08-28
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2026-03-10
- Annual census (N-CEN) — filed 2025-03-12
Related Funds
Other United States Small Cap Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.