Columbia Variable Portfolio - Emerging Markets Fund
Data updated: 2026-08-28
C000088787 — Columbia Variable Portfolio - Emerging Markets Fund. Emerging Markets Mid Cap Blend / Core Equity. Holdings, fees, performance and SEC filings.
C000088787 Fund Overview
Columbia Variable Portfolio - Emerging Markets Fund is a US mutual fund managed by Columbia Funds Variable Series Trust II, categorised as Emerging Markets Mid Cap Blend / Core 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: Emerging Markets Mid Cap Blend / Core Equity
- Assets under management: $553.57M
- 1-year return: 55.8%
- SEC CIK: 0001413032
- SEC series ID: S000019858
- Share class ID: C000088787
C000088787 Investment Objective and Strategy
Columbia Variable Portfolio - Emerging Markets 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 Emerging Markets 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 (including, but not limited to, common stocks, preferred stocks and securities convertible into common or preferred stocks) of companies located in emerging market countries. Emerging markets include countries that have an emerging stock market as defined by MSCI, countries or markets with low- to middle-income economies as classified by the World Bank, and other countries or markets identified by the Funds manager as having similar emerging markets characteristics. The Fund may also gain exposure to such companies through investment in depositary receipts. The Fund may seek investment exposure to Chinese companies operating in certain sectors using a structure known as a variable interest entity (a VIE), rather than an equity ownership in the Chinese company.
The Fund may invest in a variety of countries, industries and sectors and does not attempt to invest a specific percentage of its assets in any given country, industry or sector. However, the Fund has invested substantially in the financials and information technology sectors and may continue to invest substantially in these or other sectors in the future. From time to time, the Fund may focus its investments in certain countries or geographic areas, including the Asia/Pacific region. The Fund may invest in companies that have market capitalizations of any size. The Fund may invest in special situations, such as companies involved in initial public offerings, tender offers, mergers and other corporate restructurings, and in companies involved in management changes or companies developing new technologies.
The Fund may invest in securities that the investment manager believes are undervalued, represent growth opportunities, or both.
C000088787 Holdings
Top 10 holdings of Columbia Variable Portfolio - Emerging Markets Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Taiwan Semiconductor Manufacturing Co Ltd | 15.56% |
| Samsung Electronics Co Ltd | 9.94% |
| SK hynix Inc | 9.36% |
| Unimicron Technology Corp | 2.96% |
| Tencent Holdings Ltd | 2.84% |
| Samsung Electro-Mechanics Co. Ltd. | 2.71% |
| Alibaba Group Holding Ltd | 2.16% |
| Capitec Bank Holdings Ltd | 1.94% |
| Piraeus Bank SA | 1.78% |
| Delta Electronics Inc | 1.66% |
C000088787 Portfolio Allocation
Asset-class allocation of Columbia Variable Portfolio - Emerging Markets Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.9% |
| Cash & Equivalents | 0.3% |
C000088787 Performance
Total returns for C000088787 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 35.2% |
| 1 year | 55.8% |
| 3 years (annualised) | 24.6% |
| 5 years (annualised) | 3.4% |
C000088787 Risk Information
Risk metrics for C000088787, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 25.0%
C000088787 Costs and Fees
C000088787 costs about $109 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.09%
- Gross expense ratio: 1.20%
- Portfolio turnover: 56%
- Brokerage commissions: 11.30 bps of average net assets (SEC N-CEN)
C000088787 Cashflows
Over the 12 months to 2026-06, Columbia Variable Portfolio - Emerging Markets Fund had net outflows of $114.72M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $14.43M |
| 2026-05 | −$20.31M |
| 2026-04 | −$19.29M |
| 2026-03 | −$1.36M |
| 2026-02 | −$16.29M |
| 2026-01 | −$16.63M |
C000088787 Debt Constituents
No individual debt constituents are reported in Columbia Variable Portfolio - Emerging Markets Fund's latest SEC N-PORT filing.
C000088787 Prospectus and SEC Filings
Official Columbia Variable Portfolio - Emerging Markets 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 Emerging Markets Mid Cap Blend / Core 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.