Columbia Variable Portfolio - Select Mid Cap Value Fund
Columbia Funds Variable Series Trust II
Expense ratio
Net assets1
$257.93M
Holdings1
49
Category
US Equity
Return

Investment objective & strategy

As of April 28, 2025 · prospectus

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

Strategy. Under normal circumstances, the Fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in equity securities of medium-sized companies. Medium-sized companies are those whose market capitalizations at the time of purchase fall within the market capitalization range of the Russell Midcap Value Index (the Index) (between $ 272.6 million and $ 88.3 billion as of March 31, 2025 ). The market capitalization range and composition of companies in the Index are subject to change. The Fund may invest up to 25% of its net assets in foreign investments. The Fund normally invests in common stocks and also may invest in real estate investment trusts. The Fund may at times emphasize one … Under normal circumstances, the Fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in equity securities of medium-sized companies. Medium-sized companies are those whose market capitalizations at the time of purchase fall within the market capitalization range of the Russell Midcap Value Index (the Index) (between $ 272.6 million and $ 88.3 billion as of March 31, 2025 ). The market capitalization range and composition of companies in the Index are subject to change. The Fund may invest up to 25% of its net assets in foreign investments. The Fund normally invests in common stocks and also may invest in real estate investment trusts. The Fund may at times emphasize one or more sectors in selecting its investments, including the financials sector. The Fund may hold a small number of securities, consistent with its value investment approach. Generally, the Fund anticipates holding between 30 and 50 securities in its portfolio; however, the Fund may hold, at any time, more or fewer securities than noted in this range.

Top holdings

As of March 31, 2026 · N-PORT
SecurityTickerValue% of fund
MARATHON PETROLEUM CORP $9.73M 3.77%
ENTERGY CORP $9.31M 3.61%
DEVON ENERGY CORP $8.35M 3.24%
CORNING INC $8.15M 3.16%
ITT INC $8.07M 3.13%
AMETEK INC NEW $7.69M 2.98%
AMEREN CORP $7.34M 2.85%
POPULAR INC $6.67M 2.59%
QUEST DIAGNOSTICS INC $6.55M 2.54%
WELLTOWER INC $6.28M 2.43%
View all holdings →

Allocation by sector

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

Portfolio moves

Dec 31, 2025 → Mar 31, 2026
Opened
0
Exited
0
Increased
6
Decreased
13
Unchanged
30

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.

View portfolio moves →

Similar funds

Funds whose portfolios most overlap this one, by weight
FundOverlapNet exp.
Columbia Select Mid Cap Value Fund · CMUAX, CMUCX, CMVRX, NAMAX, CMVYX, CVERX, NAMBX 95% 0.75%
First Trust Dorsey Wright Momentum & Dividend ETF · DDIV 15% 0.60%
Nomura Opportunity Fund · FIUSX, FIVVX, FIVUX, FIVCX, FIZRX 15% 0.78%
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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