CTIVP - American Century Diversified Bond Fund
Data updated: 2026-08-28
C000087786 — CTIVP - American Century Diversified Bond Fund. Long Total / Aggregate Bond · $3.36B AUM. Holdings, fees, performance and SEC filings.
C000087786 Fund Overview
CTIVP - American Century Diversified Bond Fund is a US mutual fund managed by Columbia Funds Variable Series Trust II, categorised as Long Total / Aggregate Bond. 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: Long Total / Aggregate Bond
- Assets under management: $3.36B
- 1-year return: 4.2%
- SEC CIK: 0001413032
- SEC series ID: S000028684
- Share class ID: C000087786
C000087786 Investment Objective and Strategy
CTIVP - American Century Diversified Bond 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
CTIVP Fidelity Institutional AM Total Bond Fund (the Fund) seeks to provide shareholders with a high level of current income.
Principal investment strategy
Under normal circumstances , the Fund invests at least 80% of its net assets ( plus the amount of any borrowings for investment purposes) in bonds and other debt securities. Debt securities are used by issuers to borrow money. The issuer usually pays a fixed, variable, or floating rate of interest, and must repay the amount borrowed, usually at the maturity of the security. Debt securities include corporate bonds, government securities (including Treasury securities), repurchase agreements, money market securities, mortgage and other asset-backed securities, loans and loan participations, and other securities, such as hybrids and synthetic securities, believed to have debt-like characteristics (e.g., securities classified as Tier 2 Regulatory capital, securities that rank above share capital in an insolvency waterfall, securities with maturity dates and non-cancellable interest payment structures).
Derivative instruments that provide investment exposure to the investments above or exposure to one or more market risk factors associated with such investments are included in the Fund's 80% policy, consistent with the Fund's investment policies and limitations with respect to investments in derivatives. The subadvisers use the Bloomberg U.S. Aggregate Bond Index (the Index) as a guide in structuring the Fund and selecting its investments . The subadvisers manage the Fund to have similar overall interest rate risk to the Index . The Fund may invest up to 20% of its net assets in debt instruments that , at the time of purchase, are rated below investment grade or are unrated but determined to be of comparable quality (commonly referred to as high yield investments or junk bonds). The Fund may invest in securities issued or guaranteed by the U.S.
Treasury and certain U.S. Government agencies or instrumentalities such as the Government National Mortgage Association (Ginnie Mae). Ginnie Mae is supported by the full faith and credit of the U.S. Government. Securities issued or guaranteed by other U.S. Government agencies or instrumentalities, such as the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), and the Federal Home Loan Bank (FHLB) are not guaranteed by the U.S. Treasury or supported by the full faith and credit of the U.S. Government. However, they are authorized to borrow from the U.S. Treasury to meet their obligations. The Fund may invest up to 25% of its net assets in debt instruments of foreign issuers, including issuers in emerging markets. The Fund may invest in privately placed and other securities or instruments that are purchased and sold pursuant to Rule 144A or other exemptions under the Securities Act of 1933, as amended, subject to certain regulatory restrictions.
The Fund may engage in transactions that have a leveraging effect on the Fund , including investments in derivatives - such as swaps ( interest rate, total return, and credit default ), options, and futures contracts - and forward-selling securities , to adjust the Fund s risk exposure . The Fund may purchase or sell securities on a when-issued, delayed delivery or forward commitment basis. Such securities may include mortgage-backed securities acquired or sold in the to be announced (TBA) market and those in a dollar roll transaction. The Funds investment strategy may involve the frequent trading of portfolio securities.
C000087786 Holdings
Top 10 holdings of CTIVP - American Century Diversified Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| United States Treasury | 10.41% |
| United States Treasury | 9.41% |
| United States Treasury | 7.55% |
| Columbia Short Term Cash Fund | 7.09% |
| United States Treasury | 6.91% |
| United States Treasury | 3.33% |
| United States Treasury | 1.42% |
| United States Treasury | 1.10% |
| United States Treasury | 0.92% |
| Government National Mortgage Association | 0.82% |
C000087786 Portfolio Allocation
Asset-class allocation of CTIVP - American Century Diversified Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 66.4% |
| Securitized | 27.3% |
| Cash & Equivalents | 7.2% |
| Loans | 5.3% |
| Real Estate | 0.1% |
| Derivatives | 0.1% |
C000087786 Performance
Total returns for C000087786 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.9% |
| 1 year | 4.2% |
| 3 years (annualised) | 4.6% |
| 5 years (annualised) | -0.1% |
C000087786 Risk Information
Risk metrics for C000087786, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.0%
C000087786 Costs and Fees
C000087786 costs about $49 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.49%
- Gross expense ratio: 0.49%
- Portfolio turnover: 238%
- Brokerage commissions: 0.05 bps of average net assets (SEC N-CEN)
C000087786 Cashflows
Over the 12 months to 2026-06, CTIVP - American Century Diversified Bond Fund had net outflows of $55.67M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$2.15M |
| 2026-05 | $3.60M |
| 2026-04 | −$21.55M |
| 2026-03 | −$67.05M |
| 2026-02 | −$12.70M |
| 2026-01 | −$5.38M |
C000087786 Debt Constituents
Largest debt holdings of CTIVP - American Century Diversified Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury | 10.41% |
| United States Treasury | 9.41% |
| United States Treasury | 7.55% |
| United States Treasury | 6.91% |
| United States Treasury | 3.33% |
| United States Treasury | 1.42% |
| United States Treasury | 1.10% |
| United States Treasury | 0.92% |
| JPMorgan Chase & Co. | 0.46% |
| JPMorgan Chase & Co. | 0.34% |
C000087786 Prospectus and SEC Filings
Official CTIVP - American Century Diversified Bond 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 Long Total / Aggregate Bond 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.