Columbia Variable Portfolio - Long Government/Credit Bond Fund

C000125446 Fund Overview

Columbia Variable Portfolio - Long Government/Credit Bond Fund is a US mutual fund managed by Columbia Funds Variable Insurance Trust, 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 Insurance Trust
• Category: Long Total / Aggregate Bond
• Assets under management: $363.71M
• 1-year return: 3.6%
• SEC CIK: 0000815425
• SEC series ID: S000040388
• Share class ID: C000125446

C000125446 Investment Objective and Strategy

Columbia Variable Portfolio - Long Government/Credit Bond Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Columbia Funds Variable Insurance Trust.

Investment objective

Columbia Variable Portfolio - Long Government/Credit Bond Fund (the Fund) seeks total return, consisting of current income and capital appreciation.

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. The Funds investments may include debt instruments of governments throughout the world (including the U.S., other developed markets, and emerging markets) as well as their agencies and instrumentalities, government-sponsored enterprises, states or other political subdivisions within the U.S. or its territories, sovereign and quasi-sovereign issuers, and non-governmental issuers (i.e., corporations or similar entities) throughout the world. The Fund may also invest in mortgage- and other asset backed securities. Although 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 will primarily invest in investment grade securities.

Investment grade is defined as rated Baa3/BBB or higher by at least two of the following rating agencies: Moody's, S&P and Fitch. If only two of the three rating agencies rate the security, the lower rating is issued to determine its eligibility. If only one of the three rating agencies rates a security, the rating must be investment-grade. The Fund may invest up to 25% of its net assets in U.S. dollar-denominated foreign debt securities and instruments, including those of foreign governments, non-governmental issuers or other entities, and up to 20% of its net assets in preferred stock. Under normal circumstances, the Funds dollar-weighted average effective maturity will be at least ten years and may be more than twenty years. The Fund may invest opportunistically in bonds with maturities lower than 10 years.

At March 31, 2026 , the Funds dollar-weighted average maturity was 18.6 years, but can vary over time. 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.

C000125446 Holdings

Top 10 holdings of Columbia Variable Portfolio - Long Government/Credit Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all C000125446 holdings

C000125446 Portfolio Allocation

Asset-class allocation of Columbia Variable Portfolio - Long Government/Credit Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.

C000125446 Performance

Total returns for C000125446 (as of 2026-10-01), from SEC filings.

C000125446 Risk Information

Risk metrics for C000125446, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 6.2%

C000125446 Costs and Fees

C000125446 costs about $47 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.47%
• Gross expense ratio: 0.51%
• Portfolio turnover: 48%
• Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)

C000125446 Cashflows

Over the 12 months to 2026-06, Columbia Variable Portfolio - Long Government/Credit Bond Fund had net outflows of $694.94M, from monthly SEC N-PORT filings.

C000125446 Debt Constituents

Largest debt holdings of Columbia Variable Portfolio - Long Government/Credit Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.

C000125446 Prospectus and SEC Filings

Official Columbia Variable Portfolio - Long Government/Credit 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:

• Dodge & Cox Income Fund (DODIX)
• Bond Fund Of America (ABNDX)
• Fidelity U.S. Bond Index Fund (FUBFX)
• Baird Aggregate Bond Fund (BAGIX)
• PGIM Total Return Bond Fund (PDBAX)

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.