Columbia Variable Portfolio - Select Mid Cap Growth Fund
Columbia Funds Variable Series Trust II
Expense ratio
Net assets1
$447.01M
Holdings1
70
Category
US Equity
Return

Investment objective & strategy

As of April 28, 2025 · prospectus

Objective. Columbia Variable Portfolio Select Mid Cap Growth Fund (the Fund) seeks to provide shareholders with growth of capital.

Strategy. Under normal market conditions, the Fund will invest at least 80% of its net assets (including the amount of any borrowings for investment purposes) at the time of purchase in the common stocks of mid-capitalization companies. For these purposes, mid-cap companies are considered to be companies whose market capitalization falls within the market capitalization range of the companies that comprise the Russell Midcap Index (the Index) at the time of purchase (between $ 272.6 million and $ 189.8 billion as of March 31, 2025 ). The market capitalization range and composition of companies in the Index are subject to change. The Fund invests typically in common stocks of companies believed to have the potential for long-term, above-average earnings growth but … Under normal market conditions, the Fund will invest at least 80% of its net assets (including the amount of any borrowings for investment purposes) at the time of purchase in the common stocks of mid-capitalization companies. For these purposes, mid-cap companies are considered to be companies whose market capitalization falls within the market capitalization range of the companies that comprise the Russell Midcap Index (the Index) at the time of purchase (between $ 272.6 million and $ 189.8 billion as of March 31, 2025 ). The market capitalization range and composition of companies in the Index are subject to change. The Fund invests typically in common stocks of companies believed to have the potential for long-term, above-average earnings growth but may invest in companies for their short, medium or long-term prospects. The Fund may at times emphasize one or more sectors in selecting its investments, including the industrials and information technology sectors. The Fund may invest up to 20% of its total assets in foreign securities. The Fund may invest directly in foreign securities or indirectly through depositary receipts. 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 typically employs a focused portfolio investing style, which results in fewer holdings than a fund that seeks to achieve its investment objective by investing in a greater number of issuers. The Funds investment strategy may involve the frequent trading of portfolio securities.

Top holdings

As of March 31, 2026 · N-PORT
SecurityTickerValue% of fund
VERTIV HOLDINGS CO $21.98M 4.92%
HOWMET AEROSPACE INC $14.93M 3.34%
CLOUDFLARE INC-A $13.87M 3.10%
TAKE-TWO INTERACTV SOFTWR INC $13.17M 2.95%
CARDINAL HEALTH INC $11.48M 2.57%
CASEY'S GENERAL $11.18M 2.50%
COMFORT SYSTEMS USA INC $10.88M 2.43%
TAPESTRY INC $9.79M 2.19%
TARGA RESOURCES CORP $9.78M 2.19%
CARPENTER TECHNOLOGY CORP $9.27M 2.07%
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Allocation by sector

As of March 31, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Dec 31, 2025 → Mar 31, 2026
Opened
20
Exited
19
Increased
15
Decreased
35
Unchanged
0

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

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Similar funds

Funds whose portfolios most overlap this one, by weight
FundOverlapNet exp.
Columbia Select Mid Cap Growth Fund · CBSAX, CMCCX, CLSPX, CMGYX, CMGVX, CLSDX 88% 0.78%
Growth Opportunities Portfolio 48% 1.13%
Lord Abbett Growth Opportunities Fund · LMGAX, LMGCX, LGOPX, LMGYX, LGOFX, LGOQX, LGORX, LGOSX, LGOTX, LGOVX, LOMGX 46% 0.62%
View all similar funds →

Advisers

As of December 31, 2025 · N-CEN
FirmRole
Columbia Management Investment Advisers, LLC Adviser

Footnotes

  1. Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.

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