Columbia Variable Portfolio - Select Smaller-Cap Value Fund
Data updated: 2026-08-28
C000088780 — Columbia Variable Portfolio - Select Smaller-Cap Value Fund. United States Small Cap Value Equity. Holdings, fees, performance and SEC filings.
C000088780 Fund Overview
Columbia Variable Portfolio - Select Smaller-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: $132.29M
- 1-year return: 38.6%
- SEC CIK: 0001413032
- SEC series ID: S000019852
- Share class ID: C000088780
C000088780 Investment Objective and Strategy
Columbia Variable Portfolio - Select Smaller-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
Columbia Variable Portfolio Select Small Cap Value Fund (the Fund) seeks to provide shareholders with long-term capital growth.
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 equity securities of small capitalization issuers. These companies have market capitalizations in the range of companies in the Russell 2000 Value Index (the Capitalization Index) , which ranged between $ 18.8 million and $ 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 invests substantially in securities of U.S. issuers. 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 sector. The Fund also may invest in real estate investment trusts. The Fund may hold a small number of securities, consistent with its value investment approach. Generally, the Fund anticipates holding between 45 and 55 securities in its portfolio; however, the Fund may hold, at any time, more or fewer securities than noted in this range.
C000088780 Holdings
Top 10 holdings of Columbia Variable Portfolio - Select Smaller-Cap Value Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Viavi Solutions Inc | 3.45% |
| Extreme Networks Inc | 3.42% |
| Popular Inc | 3.36% |
| Outfront Media Inc | 3.11% |
| Axos Financial Inc | 3.06% |
| Kulicke & Soffa Industries Inc | 3.03% |
| ATI Inc | 2.93% |
| Portland General Electric Co | 2.77% |
| Knight-Swift Transportation Holdings Inc | 2.64% |
| Kontoor Brands Inc | 2.62% |
C000088780 Portfolio Allocation
Asset-class allocation of Columbia Variable Portfolio - Select Smaller-Cap Value Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.7% |
| Cash & Equivalents | 1.3% |
C000088780 Performance
Total returns for C000088780 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 26.8% |
| 1 year | 38.6% |
| 3 years (annualised) | 17.0% |
| 5 years (annualised) | 9.0% |
C000088780 Risk Information
Risk metrics for C000088780, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.1%
C000088780 Costs and Fees
C000088780 costs about $110 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.10%
- Gross expense ratio: 1.29%
- Portfolio turnover: 9%
- Brokerage commissions: 1.86 bps of average net assets (SEC N-CEN)
C000088780 Cashflows
Over the 12 months to 2026-06, Columbia Variable Portfolio - Select Smaller-Cap Value Fund had net outflows of $7.17M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$757.33K |
| 2026-05 | $83.69K |
| 2026-04 | $1.57M |
| 2026-03 | −$197.15K |
| 2026-02 | −$1.19M |
| 2026-01 | −$731.96K |
C000088780 Debt Constituents
No individual debt constituents are reported in Columbia Variable Portfolio - Select Smaller-Cap Value Fund's latest SEC N-PORT filing.
C000088780 Prospectus and SEC Filings
Official Columbia Variable Portfolio - Select Smaller-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.