HIGH-YIELD BOND PORTFOLIO

Fund Profile

Fund profile

Fund manager

Vanguard Variable Insurance Funds

Total assets

$786.84 mm

Liabilities

$5.42 mm

Net assets

$781.42 mm

Number of holdings

904.00

Top 200 of 904 Holdings

As of Sep 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
Vanguard Market Liquidity Fund	16.10 mm	16.10 mm shares	2.06	Short-term investment vehicle	Long	USA
BOA-MTG TRIPARTY REPO	14.30 mm	14.30 mm principal	1.83	Repurchase agreement	Long	USA
IMOLA MERGER	5.93 mm	6.08 mm principal	0.76	Debt	Long	USA
US TREASURY N/B	5.13 mm	5.25 mm principal	0.66	Debt	Long	USA
TREASURY BILL	4.85 mm	4.86 mm principal	0.62	Debt	Long	USA
US TREASURY N/B	4.85 mm	5.08 mm principal	0.62	Debt	Long	USA
HRI Herc Holdings Inc.	4.03 mm	4.04 mm principal	0.52	Debt	Long	USA
SS&C TECH INC	4.02 mm	4.02 mm principal	0.51	Debt	Long	USA
1011778 BC ULC /	3.63 mm	3.94 mm principal	0.46	Debt	Long	Canada
BYD Boyd Gaming Corporation	3.62 mm	3.66 mm principal	0.46	Debt	Long	USA
FRONTIER COMMUNI	3.62 mm	3.65 mm principal	0.46	Debt	Long	USA
MEDLINE BORROWER	3.56 mm	3.77 mm principal	0.46	Debt	Long	USA
IQVIA INC	3.56 mm	3.58 mm principal	0.46	Debt	Long	USA
ENR Energizer Holdings, Inc.	3.53 mm	3.63 mm principal	0.45	Debt	Long	USA
AERCAP GLOBAL	3.50 mm	3.51 mm principal	0.45	Debt	Long	USA
CZR Caesars Entertainment, Inc.	3.44 mm	3.29 mm principal	0.44	Debt	Long	USA
EMRLD BOR / EMRD	3.41 mm	3.31 mm principal	0.44	Debt	Long	USA
PERFORMANCE FOOD	3.40 mm	3.42 mm principal	0.44	Debt	Long	USA
BSQKZ Block, Inc.	3.36 mm	3.23 mm principal	0.43	Debt	Long	USA
US TREASURY N/B	3.36 mm	3.32 mm principal	0.43	Debt	Long	USA
UKG INC	3.18 mm	3.08 mm principal	0.41	Debt	Long	USA
DTM DT Midstream, Inc.	3.15 mm	3.33 mm principal	0.40	Debt	Long	USA
NOBLE FIN II LLC	3.11 mm	3.02 mm principal	0.40	Debt	Long	USA
MINERVA MERGER	3.05 mm	3.17 mm principal	0.39	Debt	Long	USA
CCO HOLDINGS LLC	3.02 mm	3.34 mm principal	0.39	Debt	Long	USA
SYMANTEC CORP	3.02 mm	3.04 mm principal	0.39	Debt	Long	USA
CCO HOLDINGS LLC	3.01 mm	3.48 mm principal	0.39	Debt	Long	USA
TRANSDIGM INC	2.90 mm	2.82 mm principal	0.37	Debt	Long	USA
DTM DT Midstream, Inc.	2.86 mm	2.99 mm principal	0.37	Debt	Long	USA
MCFE McAfee Corp.	2.85 mm	2.92 mm principal	0.36	Debt	Long	USA
Nationstar Mortgage Holdings Inc	2.83 mm	2.95 mm principal	0.36	Debt	Long	USA
BPL Buckeye Partners L.P.	2.80 mm	2.88 mm principal	0.36	Debt	Long	USA
CLEARWAY ENERGY	2.80 mm	3.06 mm principal	0.36	Debt	Long	USA
ACRISURE LLC	2.79 mm	2.95 mm principal	0.36	Debt	Long	USA
HBI Hanesbrands Inc.	2.78 mm	2.81 mm principal	0.36	Debt	Long	USA
CCL Carnival Corporation & plc	2.77 mm	2.87 mm principal	0.35	Debt	Long	Panama
JETBLUE AIRW/LOY	2.73 mm	2.59 mm principal	0.35	Debt	Long	N/A
CHS/COMMUNITY	2.71 mm	2.76 mm principal	0.35	Debt	Long	USA
LUCENT TECH	2.62 mm	2.61 mm principal	0.34	Debt	Long	USA
TRANSOCEAN INC	2.62 mm	2.51 mm principal	0.34	Debt	Long	Cayman Islands
RBLX Roblox Corporation	2.59 mm	2.78 mm principal	0.33	Debt	Long	USA
SUNRISE HOLDCO	2.55 mm	2.57 mm principal	0.33	Debt	Long	Netherlands
OUTFRONT MEDIA C	2.49 mm	2.62 mm principal	0.32	Debt	Long	USA
OLYMPUS WTR HLDG	2.48 mm	2.38 mm principal	0.32	Debt	Long	USA
EQM Midstream Partners, LP	2.47 mm	2.55 mm principal	0.32	Debt	Long	USA
PANTHER ESCROW	2.44 mm	2.33 mm principal	0.31	Debt	Long	USA
MEDLINE BORROWER	2.44 mm	2.49 mm principal	0.31	Debt	Long	USA
CCO HOLDINGS LLC	2.44 mm	2.77 mm principal	0.31	Debt	Long	USA
SHIFT4 PAYMENTS	2.40 mm	2.30 mm principal	0.31	Debt	Long	USA
HUB INTL LTD	2.40 mm	2.30 mm principal	0.31	Debt	Long	USA
TRANSDIGM INC	2.38 mm	2.30 mm principal	0.30	Debt	Long	USA
HRI Herc Holdings Inc.	2.36 mm	2.28 mm principal	0.30	Debt	Long	USA
US TREASURY N/B	2.31 mm	2.50 mm principal	0.30	Debt	Long	USA
FRST STU BIDCO	2.30 mm	2.45 mm principal	0.29	Debt	Long	USA
ROYAL CARIBBEAN	2.29 mm	2.27 mm principal	0.29	Debt	Long	Liberia
ENDO FINANCE	2.28 mm	2.13 mm principal	0.29	Debt	Long	USA
Eldorado Resorts, Inc.	2.27 mm	2.22 mm principal	0.29	Debt	Long	USA
HAWAIIAN BRAND	2.18 mm	2.17 mm principal	0.28	Debt	Long	Cayman Islands
GO DADDY OP/FIN	2.14 mm	2.28 mm principal	0.27	Debt	Long	USA
1011778 BC ULC /	2.11 mm	2.19 mm principal	0.27	Debt	Long	Canada
AVANTOR FUNDING	2.07 mm	1.88 mm principal	0.26	Debt	Long	USA
VMED O2 UK FIN	2.07 mm	2.33 mm principal	0.26	Debt	Long	UK
SUNRISE FINCO	2.06 mm	2.17 mm principal	0.26	Debt	Long	Netherlands
PERMIAN RESR OPR	2.06 mm	2.06 mm principal	0.26	Debt	Long	USA
ZIGGO BV	2.03 mm	2.13 mm principal	0.26	Debt	Long	Netherlands
LORCA TELECOM	2.03 mm	1.84 mm principal	0.26	Debt	Long	Spain
US TREASURY N/B	2.02 mm	2.00 mm principal	0.26	Debt	Long	USA
SPRINGLEAF FIN	2.01 mm	1.97 mm principal	0.26	Debt	Long	USA
VTLE Vital Energy, Inc.	2.00 mm	2.06 mm principal	0.26	Debt	Long	USA
SCI Service Corporation International	1.98 mm	1.99 mm principal	0.25	Debt	Long	USA
US TREASURY N/B	1.98 mm	2.00 mm principal	0.25	Debt	Long	USA
IRM Iron Mountain Incorporated	1.97 mm	2.01 mm principal	0.25	Debt	Long	USA
SUNOCO LP/FIN	1.94 mm	1.93 mm principal	0.25	Debt	Long	USA
AMERIGAS PARTNER	1.93 mm	1.94 mm principal	0.25	Debt	Long	USA
FOCUS FINANCIAL	1.91 mm	1.90 mm principal	0.24	Debt	Long	USA
OTEX Open Text Corporation	1.91 mm	2.00 mm principal	0.24	Debt	Long	Canada
BLCO Bausch + Lomb Corporation	1.90 mm	1.80 mm principal	0.24	Debt	Long	Canada
NEXTERA ENERGY O	1.89 mm	1.94 mm principal	0.24	Debt	Long	USA
WEATHERFORD INTE	1.88 mm	1.80 mm principal	0.24	Debt	Long	Bermuda
ILIAD HOLDING	1.87 mm	1.74 mm principal	0.24	Debt	Long	France
ARAMARK SERV INC	1.87 mm	1.87 mm principal	0.24	Debt	Long	USA
THC Tenet Healthcare Corporation	1.87 mm	1.79 mm principal	0.24	Debt	Long	USA
SPIRIT AEROSYSTE	1.86 mm	1.67 mm principal	0.24	Debt	Long	USA
CHS/COMMUNITY	1.86 mm	1.69 mm principal	0.24	Debt	Long	USA
SPIRIT AEROSYSTE	1.86 mm	1.71 mm principal	0.24	Debt	Long	USA
WYNN MACAU LTD	1.84 mm	1.97 mm principal	0.24	Debt	Long	Cayman Islands
LAD Lithia Motors, Inc.	1.81 mm	1.86 mm principal	0.23	Debt	Long	USA
ARDAGH METAL PAC	1.80 mm	2.02 mm principal	0.23	Debt	Long	N/A
GRAPHIC PACKAGIN	1.80 mm	1.89 mm principal	0.23	Debt	Long	USA
OLYMPUS WTR HLDG	1.79 mm	1.68 mm principal	0.23	Debt	Long	USA
ENTG Entegris, Inc.	1.78 mm	1.85 mm principal	0.23	Debt	Long	USA
EQM Midstream Partners, LP	1.76 mm	1.71 mm principal	0.23	Debt	Long	USA
NOVELIS CORP	1.75 mm	1.91 mm principal	0.22	Debt	Long	USA
BOOST NEWCO BORR	1.74 mm	1.63 mm principal	0.22	Debt	Long	USA
II-VI INC	1.74 mm	1.78 mm principal	0.22	Debt	Long	USA
MEDLINE BORROWER	1.72 mm	1.72 mm principal	0.22	Loan	Long	USA
WYNN LAS VEGAS	1.71 mm	1.71 mm principal	0.22	Debt	Long	USA
NORTHRIVER MIDST	1.71 mm	1.65 mm principal	0.22	Debt	Long	Canada
MGM MGM Resorts International	1.70 mm	1.70 mm principal	0.22	Debt	Long	USA
RRC Range Resources Corporation	1.70 mm	1.76 mm principal	0.22	Debt	Long	USA
ARAMARK SERV INC	1.69 mm	1.70 mm principal	0.22	Debt	Long	USA
CCO Clear Channel Outdoor Holdings, Inc.	1.69 mm	1.59 mm principal	0.22	Debt	Long	USA
WYNN RESORTS FIN	1.68 mm	1.55 mm principal	0.21	Debt	Long	USA
IQVIA INC	1.68 mm	1.56 mm principal	0.21	Debt	Long	USA
AVANTOR FUNDING	1.67 mm	1.71 mm principal	0.21	Debt	Long	USA
UNITED RENTAL NA	1.66 mm	1.67 mm principal	0.21	Debt	Long	USA
SWN Southwestern Energy Company	1.66 mm	1.67 mm principal	0.21	Debt	Long	USA
SCI Service Corporation International	1.66 mm	1.79 mm principal	0.21	Debt	Long	USA
OWENS-BROCKWAY	1.65 mm	1.62 mm principal	0.21	Debt	Long	USA
LAMAR MEDIA CORP	1.64 mm	1.75 mm principal	0.21	Debt	Long	USA
DUN & BRADSTREET	1.64 mm	1.65 mm principal	0.21	Loan	Long	USA
CROWN AMER/CAP	1.63 mm	1.64 mm principal	0.21	Debt	Long	USA
NCR ATLEOS LLC	1.63 mm	1.48 mm principal	0.21	Debt	Long	USA
OPEN TEXT INC	1.62 mm	1.73 mm principal	0.21	Debt	Long	USA
AADVANTAGE LOYAL	1.62 mm	1.58 mm principal	0.21	Loan	Long	Cayman Islands
GT The Goodyear Tire & Rubber Company	1.61 mm	1.83 mm principal	0.21	Debt	Long	USA
AXALTA COATING	1.61 mm	1.72 mm principal	0.21	Debt	Long	USA
VENTURE GLOBAL L	1.61 mm	1.43 mm principal	0.21	Debt	Long	USA
CLD SFTWR GRP IN	1.60 mm	1.54 mm principal	0.21	Debt	Long	USA
LAMAR MEDIA CORP	1.60 mm	1.66 mm principal	0.20	Debt	Long	USA
TEVA PHARMACEUCI	1.59 mm	1.66 mm principal	0.20	Debt	Long	Netherlands
PERMIAN RESR OPR	1.58 mm	1.52 mm principal	0.20	Debt	Long	USA
AVNT Avient Corporation	1.58 mm	1.51 mm principal	0.20	Debt	Long	USA
TRANSDIGM INC	1.57 mm	1.63 mm principal	0.20	Debt	Long	USA
INTESA SANPAOLO	1.57 mm	1.56 mm principal	0.20	Debt	Long	Italy
B&G FOODS INC	1.57 mm	1.64 mm principal	0.20	Debt	Long	USA
VZ SECURED FINAN	1.57 mm	1.71 mm principal	0.20	Debt	Long	Netherlands
VALARIS	1.54 mm	1.50 mm principal	0.20	Debt	Long	Bermuda
OTEX Open Text Corporation	1.53 mm	1.65 mm principal	0.20	Debt	Long	Canada
ACRISURE LLC	1.53 mm	1.49 mm principal	0.20	Debt	Long	USA
VENTURE GLOBAL C	1.53 mm	1.62 mm principal	0.20	Debt	Long	USA
UNITED RENTAL NA	1.53 mm	1.62 mm principal	0.20	Debt	Long	USA
CC The Chemours Company	1.53 mm	1.70 mm principal	0.20	Debt	Long	USA
ICE: (CDX.NA.HY.42.V1)	1.52 mm	-19.86 mm contracts	0.19	Credit derivative	N/A	N/A
TRANSDIGM INC	1.51 mm	1.44 mm principal	0.19	Debt	Long	USA
ABC SUPPLY CO	1.51 mm	1.57 mm principal	0.19	Debt	Long	USA
STANDARD INDS IN	1.51 mm	1.69 mm principal	0.19	Debt	Long	USA
SIX FLAG ENT/THM	1.51 mm	1.46 mm principal	0.19	Debt	Long	USA
PETSMART INC/PE	1.50 mm	1.57 mm principal	0.19	Debt	Long	USA
B&G FOODS INC	1.50 mm	1.43 mm principal	0.19	Debt	Long	USA
USA PART/USA FIN	1.48 mm	1.44 mm principal	0.19	Debt	Long	USA
FRONTIER COMMUNI	1.47 mm	1.48 mm principal	0.19	Debt	Long	USA
THC Tenet Healthcare Corporation	1.47 mm	1.45 mm principal	0.19	Debt	Long	USA
EFXT Enerflex Ltd.	1.47 mm	1.42 mm principal	0.19	Debt	Long	Canada
CLARIOS GLOBAL	1.46 mm	1.45 mm principal	0.19	Debt	Long	N/A
1011778 BC ULC /	1.46 mm	1.42 mm principal	0.19	Debt	Long	Canada
GT The Goodyear Tire & Rubber Company	1.46 mm	1.59 mm principal	0.19	Debt	Long	USA
BERRY GLOBAL INC	1.46 mm	1.48 mm principal	0.19	Debt	Long	USA
REWORLD HOLDING	1.45 mm	1.55 mm principal	0.19	Debt	Long	USA
CZR Caesars Entertainment, Inc.	1.45 mm	1.53 mm principal	0.19	Debt	Long	USA
ILIAD HOLDING	1.45 mm	1.43 mm principal	0.19	Debt	Long	France
AIR CANADA	1.44 mm	1.48 mm principal	0.18	Debt	Long	Canada
CLH Clean Harbors, Inc.	1.43 mm	1.45 mm principal	0.18	Debt	Long	USA
TGNA TEGNA Inc.	1.42 mm	1.49 mm principal	0.18	Debt	Long	USA
ANTERO MIDSTREAM	1.42 mm	1.37 mm principal	0.18	Debt	Long	USA
POST Post Holdings, Inc.	1.41 mm	1.43 mm principal	0.18	Debt	Long	USA
FRONTIER COMMUNI	1.41 mm	1.31 mm principal	0.18	Debt	Long	USA
ALLIANT HOLDINGS	1.40 mm	1.39 mm principal	0.18	Debt	Long	USA
FORTRESS INTERME	1.40 mm	1.33 mm principal	0.18	Debt	Long	USA
MTDR Matador Resources Company	1.40 mm	1.38 mm principal	0.18	Debt	Long	USA
ALTICE FRANCE	1.40 mm	1.92 mm principal	0.18	Debt	Long	France
CCO HOLDINGS LLC	1.40 mm	1.40 mm principal	0.18	Debt	Long	USA
BALL CORP	1.39 mm	1.30 mm principal	0.18	Debt	Long	USA
CCO HOLDINGS LLC	1.38 mm	1.35 mm principal	0.18	Debt	Long	USA
HOLX Hologic, Inc.	1.37 mm	1.48 mm principal	0.18	Debt	Long	USA
SILGAN HOLDINGS	1.37 mm	1.32 mm principal	0.18	Debt	Long	USA
IRB HOLDING CORP	1.37 mm	1.38 mm principal	0.18	Loan	Long	USA
EQM Midstream Partners, LP	1.37 mm	1.37 mm principal	0.17	Debt	Long	USA
UA Under Armour, Inc.	1.37 mm	1.41 mm principal	0.17	Debt	Long	USA
ONEMAIN FINANCE	1.37 mm	1.43 mm principal	0.17	Debt	Long	USA
ROYAL CARIBBEAN	1.36 mm	1.35 mm principal	0.17	Debt	Long	Liberia
CCL Carnival Corporation & plc	1.35 mm	1.25 mm principal	0.17	Debt	Long	Panama
NCL CORP	1.35 mm	1.29 mm principal	0.17	Debt	Long	Bermuda
TRIVIUM PACK FIN	1.35 mm	1.36 mm principal	0.17	Debt	Long	Netherlands
LUCENT TECH	1.35 mm	1.36 mm principal	0.17	Debt	Long	USA
US TREASURY N/B	1.34 mm	1.44 mm principal	0.17	Debt	Long	USA
SUNOCO LP/FIN	1.34 mm	1.40 mm principal	0.17	Debt	Long	USA
VIRGIN MEDIA SEC	1.34 mm	1.40 mm principal	0.17	Debt	Long	UK
YUM Yum! Brands, Inc.	1.33 mm	1.44 mm principal	0.17	Debt	Long	USA
WMG ACQUISITION	1.31 mm	1.41 mm principal	0.17	Debt	Long	USA
PERFORMANCE FOOD	1.31 mm	1.38 mm principal	0.17	Debt	Long	USA
SIX FLAG ENT	1.30 mm	1.33 mm principal	0.17	Debt	Long	USA
OLYMPUS WTR HLDG	1.30 mm	1.36 mm principal	0.17	Debt	Long	USA
ALLIANT HOLDINGS	1.30 mm	1.27 mm principal	0.17	Debt	Long	USA
HOWDEN UK REF	1.29 mm	1.24 mm principal	0.16	Debt	Long	UK
AMERICAN AIRLINE	1.28 mm	1.28 mm principal	0.16	Debt	Long	N/A
VENTURE GLOBAL C	1.28 mm	1.38 mm principal	0.16	Debt	Long	USA
NEXTERA ENERGY O	1.28 mm	1.21 mm principal	0.16	Debt	Long	USA
BWXT BWX Technologies, Inc.	1.27 mm	1.32 mm principal	0.16	Debt	Long	USA
IQVIA INC	1.27 mm	1.20 mm principal	0.16	Debt	Long	USA
BSQKZ Block, Inc.	1.27 mm	1.31 mm principal	0.16	Debt	Long	USA
POST Post Holdings, Inc.	1.26 mm	1.31 mm principal	0.16	Debt	Long	USA
STANDARD INDS IN	1.25 mm	1.33 mm principal	0.16	Debt	Long	USA
STANDARD INDS IN	1.24 mm	1.27 mm principal	0.16	Debt	Long	USA
CLF Cleveland-Cliffs Inc.	1.24 mm	1.23 mm principal	0.16	Debt	Long	USA
KBH KB Home	1.24 mm	1.34 mm principal	0.16	Debt	Long	USA
ONEMAIN FINANCE	1.23 mm	1.33 mm principal	0.16	Debt	Long	USA
WINDSOR HOLDINGS	1.23 mm	1.15 mm principal	0.16	Debt	Long	USA
ESI Element Solutions Inc	1.23 mm	1.29 mm principal	0.16	Debt	Long	USA
Tronox Inc	1.22 mm	1.31 mm principal	0.16	Debt	Long	USA