DWS Global Income Builder VIP

Fund Profile

Fund profile

Fund manager

Deutsche Variable Series Ii

Total assets

$117.95 mm

Liabilities

$7.80 mm

Net assets

$110.16 mm

Number of holdings

323.00

Top 200 of 323 Holdings

As of Dec 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
U.S. Treasury Floating Rate Notes	13.08 mm	13.07 mm principal	11.88	Debt	Long	USA
DWS Central Cash Management Government Fund	4.06 mm	4.06 mm shares	3.69	Short-term investment vehicle	Long	USA
U.S. Treasury Notes	3.93 mm	3.90 mm principal	3.57	Debt	Long	USA
U.S. Treasury Floating Rate Notes	3.90 mm	3.90 mm principal	3.54	Debt	Long	USA
U.S. Treasury Bills	3.52 mm	3.55 mm principal	3.19	Short-term investment vehicle	Long	USA
DWS Government & Agency Securities Portfolio DWS Government Cash Institutional Shares	2.82 mm	2.82 mm shares	2.56	Short-term investment vehicle	Long	USA
Fannie Mae REMICS	2.81 mm	2.74 mm principal	2.55	ABS-mortgage backed security	Long	USA
Ginnie Mae	2.18 mm	2.20 mm principal	1.98	ABS-mortgage backed security	Long	USA
iShares MSCI Emerging Markets ETF	2.10 mm	50.30 k shares	1.91	Common equity	Long	USA
Ginnie Mae	1.59 mm	1.60 mm principal	1.44	ABS-mortgage backed security	Long	USA
PFE Pfizer Inc.	1.26 mm	47.50 k shares	1.14	Common equity	Long	USA
Broadcom Pte. Ltd.	1.24 mm	5.34 k shares	1.12	Common equity	Long	USA
U.S. Treasury Notes	1.09 mm	1.10 mm principal	0.99	Debt	Long	USA
NOC Northrop Grumman Corporation	1.08 mm	2.30 k shares	0.98	Common equity	Long	USA
U.S. Treasury Notes	1.06 mm	1.07 mm principal	0.97	Debt	Long	USA
PGR The Progressive Corporation	982.40 k	4.10 k shares	0.89	Common equity	Long	USA
NVDA NVIDIA Corporation	719.79 k	5.36 k shares	0.65	Common equity	Long	USA
GOOG Alphabet Inc.	700.41 k	3.70 k shares	0.64	Common equity	Long	USA
GOOG Alphabet Inc.	685.58 k	3.60 k shares	0.62	Common equity	Long	USA
BHI BAKER HUGHES a GE Co LLC	668.63 k	16.30 k shares	0.61	Common equity	Long	USA
ROST Ross Stores, Inc.	665.59 k	4.40 k shares	0.60	Common equity	Long	USA
2023-MIC Trust/THE	645.72 k	600.00 k principal	0.59	ABS-mortgage backed security	Long	USA
Royal Bank of Canada	621.47 k	650.00 k principal	0.56	Debt	Long	Canada
AB BSL CLO 5 Ltd	600.10 k	600.00 k principal	0.54	ABS-collateralized bond/debt obligation	Long	Jersey
BP Capital Markets PLC	594.45 k	605.00 k principal	0.54	Debt	Long	UK
Wrangler Holdco Corp	590.44 k	580.00 k principal	0.54	Debt	Long	USA
MSFT Microsoft Corporation	590.10 k	1.40 k shares	0.54	Common equity	Long	USA
C Citigroup Inc.	584.91 k	590.00 k principal	0.53	Debt	Long	USA
Ajinomoto Co Inc	578.27 k	14.20 k shares	0.52	Common equity	Long	Japan
NuStar Logistics LP	566.53 k	565.00 k principal	0.51	Debt	Long	USA
AMZN Amazon.com, Inc.	548.48 k	2.50 k shares	0.50	Common equity	Long	USA
Bank of Nova Scotia/The	539.33 k	545.00 k principal	0.49	Debt	Long	Canada
Canon Inc	533.65 k	16.40 k shares	0.48	Common equity	Long	Japan
Tokyo Electron Ltd	524.68 k	3.50 k shares	0.48	Common equity	Long	Japan
AerCap Ireland Capital DAC / AerCap Global Aviation Trust	514.59 k	500.00 k principal	0.47	Debt	Long	Ireland
BAC Bank of America Corporation	510.31 k	530.00 k principal	0.46	Debt	Long	USA
Allegro CLO V-S Ltd	503.63 k	500.00 k principal	0.46	ABS-collateralized bond/debt obligation	Long	Jersey
Ginnie Mae	503.08 k	500.00 k principal	0.46	ABS-mortgage backed security	Long	USA
RAD CLO 23 Ltd	502.48 k	500.00 k principal	0.46	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Ares XLI Clo Ltd	500.86 k	500.00 k principal	0.45	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Morgan Stanley Eaton Vance Clo 2021-1 Ltd	500.00 k	500.00 k principal	0.45	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Fannie Mae REMICS	489.80 k	490.78 k principal	0.44	ABS-mortgage backed security	Long	USA
SRE Sempra	486.68 k	510.00 k principal	0.44	Debt	Long	USA
CF Hippolyta Issuer LLC	484.98 k	520.23 k principal	0.44	ABS-other	Long	USA
Sequoia Mortgage Trust 2024-INV1	480.37 k	489.47 k principal	0.44	ABS-mortgage backed security	Long	USA
ET Energy Transfer LP	471.58 k	450.00 k principal	0.43	Debt	Long	USA
Simon Property Group, Inc.	465.84 k	8.00 k shares	0.42	Preferred equity	Long	USA
APH Amphenol Corporation	465.32 k	6.70 k shares	0.42	Common equity	Long	USA
Wells Fargo & Co	464.47 k	450.00 k principal	0.42	Debt	Long	USA
STT State Street Corporation	459.24 k	450.00 k principal	0.42	Debt	Long	USA
SBAC SBA Communications Corporation	448.36 k	2.20 k shares	0.41	Common equity	Long	USA
SWK Stanley Black & Decker, Inc.	443.32 k	450.00 k principal	0.40	Debt	Long	USA
ANET Arista Networks, Inc.	442.12 k	4.00 k shares	0.40	Common equity	Long	USA
SYF Synchrony Financial	442.00 k	6.80 k shares	0.40	Common equity	Long	USA
Enterprise Products Operating LLC	439.70 k	450.00 k principal	0.40	Debt	Long	USA
TROW T. Rowe Price Group, Inc.	437.09 k	3.87 k shares	0.40	Common equity	Long	USA
Carlyle Global Market Strategies CLO 2015-5 Ltd	430.39 k	430.00 k principal	0.39	ABS-collateralized bond/debt obligation	Long	Cayman Islands
GS The Goldman Sachs Group, Inc.	423.47 k	429.00 k principal	0.38	Debt	Long	USA
DAL Delta Air Lines, Inc.	421.78 k	420.00 k principal	0.38	Debt	Long	USA
SSGA Active Trust	417.30 k	10.00 k shares	0.38	Common equity	Long	USA
QCOM QUALCOMM Incorporated	414.77 k	2.70 k shares	0.38	Common equity	Long	USA
META Meta Platforms, Inc.	409.86 k	700.00 shares	0.37	Common equity	Long	USA
Government National Mortgage Association	401.82 k	412.89 k principal	0.36	ABS-mortgage backed security	Long	USA
Voya CLO 2021-1 Ltd	400.96 k	400.00 k principal	0.36	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Prosus NV	397.07 k	9.99 k shares	0.36	Common equity	Long	Netherlands
Novartis AG	396.80 k	4.06 k shares	0.36	Common equity	Long	Switzerland
Hon Hai Precision Industry Co Ltd	389.06 k	35.00 k shares	0.35	Common equity	Long	Taiwan
Fannie Mae REMICS	377.85 k	466.22 k principal	0.34	ABS-mortgage backed security	Long	USA
Hermes International SCA	372.56 k	155.00 shares	0.34	Common equity	Long	France
AGNC AGNC Investment Corp.	371.78 k	14.43 k shares	0.34	Preferred equity	Long	USA
Wells Fargo & Co	367.50 k	15.00 k shares	0.33	Preferred equity	Long	USA
JPMorgan Chase & Co	365.48 k	350.00 k principal	0.33	Debt	Long	USA
Rheinmetall AG	357.67 k	562.00 shares	0.32	Common equity	Long	Germany
D Dominion Energy, Inc.	355.83 k	350.00 k principal	0.32	Debt	Long	USA
EQT EQT Corporation	352.88 k	355.00 k principal	0.32	Debt	Long	USA
Octagon 63 Ltd	350.47 k	350.00 k principal	0.32	ABS-collateralized bond/debt obligation	Long	Cayman Islands
GOLD Barrick Gold Corporation	350.45 k	22.60 k shares	0.32	Common equity	Long	Canada
CMS-PB Consumers Energy Company	348.22 k	400.00 k principal	0.32	Debt	Long	USA
Canadian Imperial Bank of Commerce	347.81 k	350.00 k principal	0.32	Debt	Long	Canada
C Citigroup Inc.	347.15 k	350.00 k principal	0.32	Debt	Long	USA
Hertz Vehicle Financing III LLC	343.51 k	340.00 k principal	0.31	ABS-other	Long	USA
OXY Occidental Petroleum Corporation	342.62 k	300.00 k principal	0.31	Debt	Long	USA
Blackstone Private Credit Fund	338.29 k	348.00 k principal	0.31	Debt	Long	USA
HSBC HSBC Holdings plc	337.74 k	340.00 k principal	0.31	Debt	Long	UK
CC The Chemours Company	336.88 k	350.00 k principal	0.31	Debt	Long	USA
J.P. Morgan Chase Commercial Mortgage Securities Trust 2018-PHH	336.46 k	387.63 k principal	0.31	ABS-mortgage backed security	Long	USA
SCHW The Charles Schwab Corporation	334.38 k	350.00 k principal	0.30	Debt	Long	USA
COF Capital One Financial Corporation	332.90 k	350.00 k principal	0.30	Debt	Long	USA
ET Energy Transfer LP	326.83 k	330.00 k principal	0.30	Debt	Long	USA
ALLY Ally Financial Inc.	326.61 k	350.00 k principal	0.30	Debt	Long	USA
KIOR Kior Inc	326.05 k	345.00 k principal	0.30	Debt	Long	USA
TSN Tyson Foods, Inc.	315.92 k	5.50 k shares	0.29	Common equity	Long	USA
LNG Cheniere Energy, Inc.	313.06 k	320.00 k principal	0.28	Debt	Long	USA
ADBE Adobe Inc.	311.28 k	700.00 shares	0.28	Common equity	Long	USA
KIM Kimco Realty Corporation	309.15 k	15.00 k shares	0.28	Preferred equity	Long	USA
Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd	302.90 k	301.00 k principal	0.27	Debt	Long	USA
RWE Finance US LLC	300.92 k	300.00 k principal	0.27	Debt	Long	USA
JW Commercial Mortgage Trust 2024-MRCO	300.00 k	300.00 k principal	0.27	ABS-mortgage backed security	Long	USA
United Airlines 2023-1 Class A Pass Through Trust	299.10 k	293.30 k principal	0.27	Debt	Long	USA
TFC Truist Financial Corporation	298.37 k	300.00 k principal	0.27	Debt	Long	USA
Melco Resorts Finance Ltd	298.11 k	300.00 k principal	0.27	Debt	Long	Cayman Islands
ENLC EnLink Midstream, LLC	293.23 k	280.00 k principal	0.27	Debt	Long	USA
BNPQY BNP Paribas SA	291.76 k	280.00 k principal	0.26	Debt	Long	France
EC Ecopetrol S.A.	291.14 k	300.00 k principal	0.26	Debt	Long	Colombia
BNP Paribas SA	290.99 k	300.00 k principal	0.26	Debt	Long	France
Nordea Bank Abp	286.62 k	300.00 k principal	0.26	Debt	Long	Finland
Indonesia Government International Bonds	284.86 k	300.00 k principal	0.26	Debt	Long	Indonesia
BAHA Trust 2024-MAR	281.67 k	279.00 k principal	0.26	ABS-mortgage backed security	Long	USA
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara	268.50 k	260.00 k principal	0.24	Debt	Long	Indonesia
Warnermedia Holdings Inc	264.36 k	300.00 k principal	0.24	Debt	Long	USA
Mosaic Solar Loan Trust 2023-1	264.16 k	283.44 k principal	0.24	ABS-other	Long	USA
Apidos CLO XXIV	261.16 k	261.04 k principal	0.24	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Paramount Global	259.40 k	275.00 k principal	0.24	Debt	Long	USA
CF CF Industries Holdings, Inc.	255.96 k	3.00 k shares	0.23	Common equity	Long	USA
MEGlobal Canada ULC	255.35 k	256.00 k principal	0.23	Debt	Long	Canada
Frontier Issuer LLC	254.45 k	250.00 k principal	0.23	ABS-other	Long	USA
Foursight Capital Automobile Receivables Trust 2023-2	254.30 k	250.00 k principal	0.23	ABS-other	Long	USA
IBN ICICI Bank Limited	253.81 k	8.50 k shares	0.23	Common equity	Long	India
FITB Fifth Third Bancorp	253.20 k	10.00 k shares	0.23	Preferred equity	Long	USA
Zions Bancorp NA	251.74 k	250.00 k principal	0.23	Debt	Long	USA
Synchrony Bank	251.72 k	250.00 k principal	0.23	Debt	Long	USA
BNSF Funding Trust I	250.62 k	250.00 k principal	0.23	Debt	Long	USA
BlueMountain CLO XXXIV Ltd	250.46 k	250.00 k principal	0.23	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Madison Park Funding XXXVIII Ltd	250.16 k	250.00 k principal	0.23	ABS-collateralized bond/debt obligation	Long	Cayman Islands
HSBC Holdings PLC	250.13 k	25.45 k shares	0.23	Common equity	Long	UK
Apidos CLO LI Ltd	250.00 k	250.00 k principal	0.23	ABS-collateralized bond/debt obligation	Long	Jersey
Elmwood CLO 37 Ltd	250.00 k	250.00 k principal	0.23	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Mission Lane Credit Card Master Trust	249.77 k	250.00 k principal	0.23	ABS-other	Long	USA
HSBC HSBC Holdings plc	248.94 k	255.00 k principal	0.23	Debt	Long	UK
Antares Holdings LP	248.02 k	250.00 k principal	0.23	Debt	Long	USA
Blackstone Private Credit Fund	246.83 k	250.00 k principal	0.22	Debt	Long	USA
KEY KeyCorp	245.50 k	10.00 k shares	0.22	Preferred equity	Long	USA
Societe Generale SA	245.07 k	250.00 k principal	0.22	Debt	Long	France
BA The Boeing Company	244.45 k	230.00 k principal	0.22	Debt	Long	USA
Morgan Stanley	243.40 k	10.00 k shares	0.22	Preferred equity	Long	USA
DFS Discover Financial Services	242.52 k	1.40 k shares	0.22	Common equity	Long	USA
Blackstone Private Credit Fund	242.04 k	245.00 k principal	0.22	Debt	Long	USA
SSE PLC	241.94 k	12.05 k shares	0.22	Common equity	Long	UK
RCKT Mortgage Trust 2024-CES7	238.47 k	240.67 k principal	0.22	ABS-mortgage backed security	Long	USA
CyrusOne Data Centers Issuer I LLC	238.27 k	250.00 k principal	0.22	ABS-other	Long	USA
GS The Goldman Sachs Group, Inc.	237.30 k	225.00 k principal	0.22	Debt	Long	USA
Western Alliance Bank	235.70 k	226.25 k principal	0.21	ABS-mortgage backed security	Long	USA
DUK Duke Energy Corporation	232.38 k	250.00 k principal	0.21	Debt	Long	USA
PNC The PNC Financial Services Group, Inc.	232.17 k	230.00 k principal	0.21	Debt	Long	USA
NRG NRG Energy, Inc.	232.14 k	250.00 k principal	0.21	Debt	Long	USA
LLY Eli Lilly and Company	231.60 k	300.00 shares	0.21	Common equity	Long	USA
ALL The Allstate Corporation	231.35 k	1.20 k shares	0.21	Common equity	Long	USA
CQP Cheniere Energy Partners, L.P.	231.18 k	250.00 k principal	0.21	Debt	Long	USA
J.P. Morgan Chase Commercial Mortgage Securities Trust 2019-OSB	227.95 k	250.00 k principal	0.21	ABS-mortgage backed security	Long	USA
DUK Duke Energy Corporation	226.72 k	224.00 k principal	0.21	Debt	Long	USA
Societe Generale SA	223.19 k	225.00 k principal	0.20	Debt	Long	France
Southwestern Public Service Co	222.38 k	220.00 k principal	0.20	Debt	Long	USA
ES Eversource Energy	218.25 k	220.00 k principal	0.20	Debt	Long	USA
Coles Group Ltd	214.39 k	18.35 k shares	0.19	Common equity	Long	Australia
SCHW The Charles Schwab Corporation	212.78 k	220.00 k principal	0.19	Debt	Long	USA
Societe Generale SA	212.39 k	250.00 k principal	0.19	Debt	Long	France
JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl	211.45 k	200.00 k principal	0.19	Debt	Long	Luxembourg
CVS CVS Health Corporation	208.85 k	213.00 k principal	0.19	Debt	Long	USA
AXP American Express Company	207.75 k	700.00 shares	0.19	Common equity	Long	USA
AS Mileage Plan IP Ltd	206.99 k	212.00 k principal	0.19	Debt	Long	Cayman Islands
SO The Southern Company	205.89 k	215.00 k principal	0.19	Debt	Long	USA
Vistra Operations Co LLC	203.84 k	206.00 k principal	0.19	Debt	Long	USA
C Citigroup Inc.	203.72 k	200.00 k principal	0.18	Debt	Long	USA
Switch ABS Issuer LLC	202.87 k	200.00 k principal	0.18	ABS-other	Long	USA
BXP Trust 2021-601L	202.69 k	250.00 k principal	0.18	ABS-mortgage backed security	Long	USA
ET Energy Transfer LP	202.64 k	200.00 k principal	0.18	Debt	Long	USA
Mercury Financial Credit Card Master Trust	202.40 k	200.00 k principal	0.18	ABS-other	Long	USA
SWN Southwestern Energy Company	201.94 k	205.00 k principal	0.18	Debt	Long	USA
Suzuki Motor Corp	201.61 k	18.00 k shares	0.18	Common equity	Long	Japan
Avis Budget Rental Car Funding AESOP LLC	201.18 k	200.00 k principal	0.18	ABS-other	Long	USA
Saudi Arabian Oil Co	201.07 k	215.00 k principal	0.18	Debt	Long	Saudi Arabia
Banco Santander SA	200.89 k	200.00 k principal	0.18	Debt	Long	Spain
Mercury Financial Credit Card Master Trust	199.96 k	200.00 k principal	0.18	ABS-other	Long	USA
Corp Nacional del Cobre de Chile	198.28 k	200.00 k principal	0.18	Debt	Long	Chile
Freddie Mac Multifamily Structured Credit Risk	198.08 k	194.00 k principal	0.18	ABS-mortgage backed security	Long	USA
Targa Resources Partners LP / Targa Resources Partners Finance Corp	197.83 k	200.00 k principal	0.18	Debt	Long	USA
Aptiv Swiss Holdings Ltd	194.16 k	200.00 k principal	0.18	Debt	Long	Switzerland
Ford Motor Credit Co LLC	193.37 k	200.00 k principal	0.18	Debt	Long	USA
JP Morgan Chase Commercial Mortgage Securities Trust 2021-1MEM	192.08 k	250.00 k principal	0.17	ABS-mortgage backed security	Long	USA
GS The Goldman Sachs Group, Inc.	191.36 k	195.00 k principal	0.17	Debt	Long	USA
T-Mobile USA Inc	191.05 k	202.00 k principal	0.17	Debt	Long	USA
OLN Olin Corporation	187.76 k	200.00 k principal	0.17	Debt	Long	USA
Brazil Government International Bonds	186.67 k	200.00 k principal	0.17	Debt	Long	Brazil
Saudi Arabian Oil Co	186.51 k	200.00 k principal	0.17	Debt	Long	Saudi Arabia
Trane Technologies PLC	184.68 k	500.00 shares	0.17	Common equity	Long	Ireland
INFY Infosys Limited	184.13 k	8.40 k shares	0.17	Common equity	Long	India
US Bancorp	181.52 k	180.00 k principal	0.16	Debt	Long	USA
J.P. Morgan Chase Commercial Mortgage Securities Trust 2016-NINE	179.81 k	187.00 k principal	0.16	ABS-mortgage backed security	Long	USA
CEG Constellation Energy Corporation	178.97 k	800.00 shares	0.16	Common equity	Long	USA
GS The Goldman Sachs Group, Inc.	178.61 k	175.00 k principal	0.16	Debt	Long	USA
NGLS TRI Resources Inc.	178.50 k	1.00 k shares	0.16	Common equity	Long	USA
NFLX Netflix, Inc.	178.26 k	200.00 shares	0.16	Common equity	Long	USA
ADSK Autodesk, Inc.	177.34 k	600.00 shares	0.16	Common equity	Long	USA
CCO Holdings LLC / CCO Holdings Capital Corp	176.87 k	180.00 k principal	0.16	Debt	Long	USA
EXE Expand Energy Corporation	176.67 k	180.00 k principal	0.16	Debt	Long	USA
KB KB Financial Group Inc.	176.39 k	3.10 k shares	0.16	Common equity	Long	Korea, Republic of
PHM PulteGroup, Inc.	174.24 k	1.60 k shares	0.16	Common equity	Long	USA
Safran SA	172.62 k	786.00 shares	0.16	Common equity	Long	France
UBS Group AG	171.52 k	200.00 k principal	0.16	Debt	Long	Switzerland
20 Times Square Trust 2018-20TS	170.55 k	200.00 k principal	0.15	ABS-mortgage backed security	Long	USA