Variable Portfolio - Partners Core Bond Fund
Data updated: 2026-08-28
C000087798 — Variable Portfolio - Partners Core Bond Fund. Long Total / Aggregate Bond · $3.71B AUM. Holdings, fees, performance and SEC filings.
C000087798 Fund Overview
Variable Portfolio - Partners Core 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: $3.71B
- 1-year return: 4.2%
- SEC CIK: 0001413032
- SEC series ID: S000028690
- Share class ID: C000087798
C000087798 Investment Objective and Strategy
Variable Portfolio - Partners Core 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
Variable Portfolio Partners Core Bond Fund (the Fund) seeks to provide shareholders with a high level of current income while conserving the value of the investment for the longest period of time.
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 U.S. dollar-denominated bonds and other debt instruments of investment grade quality (referred to as core bonds), like those included in the Bloomberg U.S. Aggregate Bond Index (the Index). The Index includes securities issued by the U.S. Government and its agencies and instrumentalities, corporate bonds, and mortgage- and asset-backed securities. The Fund may invest in mortgage dollar rolls and reverse repurchase agreements. The Fund may also invest in foreign debt instruments denominated in U.S. dollars or in foreign currencies. The Fund may also invest in loans and loan participations. The Fund considers a bond or other debt instrument to be of investment grade quality if it is rated investment grade by a nationally recognized statistical rating organization or, if unrated, determined by the investment manager to be of comparable quality.
The Fund may invest 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 derivatives, such as futures (including interest rate futures to manage duration and curve risk), options (including options on futures for hedging interest rates), swaps (including credit default swaps) and forwards (including foreign exchange forwards for hedging and/or investment purposes). 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 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 Funds investment strategy may involve the frequent trading of portfolio securities. Multiple subadvisers provide the day-to-day management of the Funds portfolio.
C000087798 Holdings
Top 10 holdings of Variable Portfolio - Partners Core Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Columbia Short Term Cash Fund | 3.76% |
| United States Treasury | 1.46% |
| United States Treasury | 1.44% |
| United States Treasury | 1.29% |
| Umbs, Tba | 1.27% |
| United States Treasury | 1.25% |
| United States Treasury | 1.14% |
| United States Treasury | 1.02% |
| Umbs, Tba | 0.75% |
| United States Treasury | 0.68% |
C000087798 Portfolio Allocation
Asset-class allocation of Variable Portfolio - Partners Core Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 52.3% |
| Securitized | 46.2% |
| Cash & Equivalents | 3.8% |
| Real Estate | 0.1% |
C000087798 Performance
Total returns for C000087798 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.8% |
| 1 year | 4.2% |
| 3 years (annualised) | 4.8% |
| 5 years (annualised) | 0.4% |
C000087798 Risk Information
Risk metrics for C000087798, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.0%
C000087798 Costs and Fees
C000087798 costs about $48 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.48%
- Gross expense ratio: 0.48%
- Portfolio turnover: 225%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000087798 Cashflows
Over the 12 months to 2026-06, Variable Portfolio - Partners Core Bond Fund had net inflows of $11.96M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$3.45M |
| 2026-05 | $4.59M |
| 2026-04 | −$22.59M |
| 2026-03 | −$84.34M |
| 2026-02 | −$15.05M |
| 2026-01 | −$6.28M |
C000087798 Debt Constituents
Largest debt holdings of Variable Portfolio - Partners Core Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury | 1.46% |
| United States Treasury | 1.44% |
| United States Treasury | 1.29% |
| United States Treasury | 1.25% |
| United States Treasury | 1.14% |
| United States Treasury | 1.02% |
| United States Treasury | 0.68% |
| United States Treasury | 0.60% |
| United States Treasury | 0.50% |
| United States Treasury | 0.47% |
C000087798 Prospectus and SEC Filings
Official Variable Portfolio - Partners Core 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.