UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM N-PX ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY INVESTMENT COMPANY ACT FILE NUMBER: 811-07917 NAME OF REGISTRANT: Wilshire Variable Insurance Trust ADDRESS OF PRINCIPAL EXECUTIVE OFFICES: 1299 Ocean Avenue, Suite 700 Santa Monica, CA 90401-1085 NAME AND ADDRESS OF AGENT FOR SERVICE: Jason Schwarz, President 1299 Ocean Avenue, Suite 700 Santa Monica, CA 90401-1085 REGISTRANT'S TELEPHONE NUMBER: 310-451-3051 DATE OF FISCAL YEAR END: 12/31 DATE OF REPORTING PERIOD: 07/01/2020 - 06/30/2021 Wilshire Global Allocation Fund -------------------------------------------------------------------------------------------------------------------------- WILSHIRE FUNDS, INC. Agenda Number: 935294316 -------------------------------------------------------------------------------------------------------------------------- Security: 971897509 Meeting Type: Special Meeting Date: 10-Dec-2020 Ticker: WLCGX ISIN: US9718975090 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. To approve a new investment advisory Mgmt No vote agreement with Wilshire Associates Incorporated. 3. DIRECTOR Roger A. Formisano Mgmt No vote Edward Gubman Mgmt No vote Elizabeth Levy-Navarro Mgmt No vote Suanne K. Luhn Mgmt No vote Jason Schwarz Mgmt No vote George J. Zock Mgmt No vote 5. To approve the conversion of the Large Mgmt No vote Company Growth Portfolio's investment objective from fundamental to non-fundamental. 9. To change Large Company Growth Portfolio's Mgmt No vote sub-classification under the Investment Company Act of 1940, as amended, from "diversified" to "non-diversified" and to eliminate the related fundamental investment restrictions. -------------------------------------------------------------------------------------------------------------------------- WILSHIRE FUNDS, INC. Agenda Number: 935294328 -------------------------------------------------------------------------------------------------------------------------- Security: 971897608 Meeting Type: Special Meeting Date: 10-Dec-2020 Ticker: WLCVX ISIN: US9718976080 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. To approve a new investment advisory Mgmt No vote agreement with Wilshire Associates Incorporated. 3. DIRECTOR Roger A. Formisano Mgmt No vote Edward Gubman Mgmt No vote Elizabeth Levy-Navarro Mgmt No vote Suanne K. Luhn Mgmt No vote Jason Schwarz Mgmt No vote George J. Zock Mgmt No vote 6. To approve the conversion of the Large Mgmt No vote Company Value Portfolio's investment objective from fundamental to non-fundamental. -------------------------------------------------------------------------------------------------------------------------- WILSHIRE FUNDS, INC. Agenda Number: 935294342 -------------------------------------------------------------------------------------------------------------------------- Security: 971897806 Meeting Type: Special Meeting Date: 10-Dec-2020 Ticker: WSMVX ISIN: US9718978060 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. To approve a new investment advisory Mgmt No vote agreement with Wilshire Associates Incorporated. 3. DIRECTOR Roger A. Formisano Mgmt No vote Edward Gubman Mgmt No vote Elizabeth Levy-Navarro Mgmt No vote Suanne K. Luhn Mgmt No vote Jason Schwarz Mgmt No vote George J. Zock Mgmt No vote 8. To approve the conversion of the Small Mgmt No vote Company Value Portfolio's investment objective from fundamental to non-fundamental. -------------------------------------------------------------------------------------------------------------------------- WILSHIRE FUNDS, INC. Agenda Number: 935294330 -------------------------------------------------------------------------------------------------------------------------- Security: 971897707 Meeting Type: Special Meeting Date: 10-Dec-2020 Ticker: WSMGX ISIN: US9718977070 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. To approve a new investment advisory Mgmt No vote agreement with Wilshire Associates Incorporated. 3. DIRECTOR Roger A. Formisano Mgmt No vote Edward Gubman Mgmt No vote Elizabeth Levy-Navarro Mgmt No vote Suanne K. Luhn Mgmt No vote Jason Schwarz Mgmt No vote George J. Zock Mgmt No vote 7. To approve the conversion of the Small Mgmt No vote Company Growth Portfolio' Portfolio's investment objective from fundamental to non-fundamental. fundamental. -------------------------------------------------------------------------------------------------------------------------- WILSHIRE FUNDS, INC. Agenda Number: 935294304 -------------------------------------------------------------------------------------------------------------------------- Security: 971897764 Meeting Type: Special Meeting Date: 10-Dec-2020 Ticker: WIOPX ISIN: US9718977641 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. To approve a new investment advisory Mgmt No vote agreement with Wilshire Associates Incorporated. 3. DIRECTOR Roger A. Formisano Mgmt No vote Edward Gubman Mgmt No vote Elizabeth Levy-Navarro Mgmt No vote Suanne K. Luhn Mgmt No vote Jason Schwarz Mgmt No vote George J. Zock Mgmt No vote -------------------------------------------------------------------------------------------------------------------------- WILSHIRE FUNDS, INC. Agenda Number: 935294304 -------------------------------------------------------------------------------------------------------------------------- Security: 971897814 Meeting Type: Special Meeting Date: 10-Dec-2020 Ticker: WLTTX ISIN: US9718978144 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. To approve a new investment advisory Mgmt No vote agreement with Wilshire Associates Incorporated. 3. DIRECTOR Roger A. Formisano Mgmt No vote Edward Gubman Mgmt No vote Elizabeth Levy-Navarro Mgmt No vote Suanne K. Luhn Mgmt No vote Jason Schwarz Mgmt No vote George J. Zock Mgmt No vote * Management position unknown SIGNATURES Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. (Registrant) Wilshire Variable Insurance Trust By (Signature) /s/ Jason Schwarz Name Jason Schwarz Title President Date 08/25/2021