Invesco V.I. Discovery Mid Cap Growth Division

Portfolio Composition

as of 02/28/2025

Asset Type	Net	Short	Long
U.S. Stocks	94.16%	0.0%	94.16%
Non-U.S. Stocks	2.97%	0.0%	2.97%
Cash	2.87%	0.0%	2.87%
Total	100%

Top 10 Holdings

as of 02/28/2025

What's this?

% of Net Assets

Hilton Worldwide Holdings Inc	2.74
Targa Resources Corp	2.67
HubSpot Inc	2.42
Ares Management Corp Ordinary Shares - Class A	2.34
Cencora Inc	2.30
Howmet Aerospace Inc	2.29
GoDaddy Inc Class A	2.25
Encompass Health Corp	2.12
CyberArk Software Ltd	2.06
Axon Enterprise Inc	2.02

Total*: 23.22

*Values may exceed 100% if both long and short positions are included in the portfolio

Morningstar Style Box™

as of 02/28/2025

What's this?

Stock Sector Breakdown

as of 02/28/2025

What's this?

% of Net Assets

Cyclical

26.89

Basic Materials	0.54
Consumer Cyclical	11.27
Financial Svcs	13.29
Real Estate	1.79

Defensive

13.69

Consumer Defensive	0.51
Healthcare	12.38
Utilities	0.80

Sensitive

59.42

Comm Svcs	2.42
Energy	4.73
Industrials	19.06
Technology	33.21

Analysis

as of 02/28/2025

Average Market Cap (mil):	$24,790.02
Price/Earnings Ratio:	29.27
Price/Book Ratio:	5.75
Price/Cash Flow Ratio:	17.20
Turnover Ratio:	97.00%
# Stock Holdings:	81
# Bond Holdings:	0
# Other Holdings:	3
Total # of Holdings:	84

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