Variable Portfolio - Partners International Core Equity Fund
Columbia Funds Variable Series Trust II
Expense ratio
Net assets1
$1.76B
Holdings1
49
Category
International Equity
Return

Investment objective & strategy

As of April 28, 2025 · prospectus

Objective. Variable Portfolio Partners International Core Equity Fund (the Fund) seeks to provide shareholders with long-term growth of capital.

Strategy. Under normal circumstances, at least 80% of the Funds net assets (including the amount of any borrowings for investment purposes) are invested in equity securities of foreign issuers, located or traded in countries other than the U.S., that are believed to offer strong growth potential. While the Fund may invest in companies of any size, under normal circumstances, the Fund generally invests its assets in companies whose market capitalizations fall within the range of the companies that comprise the MSCI Europe, Australasia and Far East (EAFE) Index (the Index) at the time of purchase. The market capitalization range of the companies included within the Index was $ 3.6 billion to $ 324.3 billion as of March 31, 2025 . The … Under normal circumstances, at least 80% of the Funds net assets (including the amount of any borrowings for investment purposes) are invested in equity securities of foreign issuers, located or traded in countries other than the U.S., that are believed to offer strong growth potential. While the Fund may invest in companies of any size, under normal circumstances, the Fund generally invests its assets in companies whose market capitalizations fall within the range of the companies that comprise the MSCI Europe, Australasia and Far East (EAFE) Index (the Index) at the time of purchase. The market capitalization range of the companies included within the Index was $ 3.6 billion to $ 324.3 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 directly in foreign securities or indirectly through depositary receipts. From time to time, the Fund may focus its investments in certain countries or geographic areas, including the Asia Pacific region and Europe. The Fund may at times emphasize one or more sectors in selecting its investments. Issues such as climate change , environmental performance, labor standards and corporate governance , among others, may be evaluated in the assessment of an investment' s risk and potential for profitability .

Top holdings

As of March 31, 2026 · N-PORT
SecurityTickerValue% of fund
ASML Holding NV $86.01M 4.88%
ASTRAZENECA PLC $70.58M 4.00%
ROCHE HOLDING AG $64.86M 3.68%
SHELL PLC $54.23M 3.08%
SAP SE $48.54M 2.75%
MS&AD INSURANCE $47.75M 2.71%
HSBC HOLDINGS PL $45.54M 2.58%
CIE FINANCI-REG $44.24M 2.51%
LONDON STOCK EXCHANGE GRP PLC $43.89M 2.49%
BAE SYSTEMS PLC $43.69M 2.48%
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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
6
Exited
7
Increased
6
Decreased
36
Unchanged
1

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.
Hartford Schroders International Stock Fund · SCVEX, HSWCX, SCIEX, HSWRX, HSWSX, HSWTX, HSWYX, SCIJX, HSWFX 71% 0.69%
Guardian International Equity VIP Fund 55% 1.15%
Calvert International Equity Fund · CWVGX, CWVCX, CWVIX, CIESX 34% 0.85%
View all similar funds →

Advisers

As of December 31, 2025 · N-CEN
FirmRole
Schroder Investment Management North America Inc. Sub-adviser
Schroder Investment Management North America Limited Sub-adviser
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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