Western Asset Variable Global High Yield Bond Portfolio

Fund Profile

Fund profile

Tickers

QLMYIX, QLMYTX

Fund manager

Legg Mason Partners Variable Portfolios Ii

Total assets

$155.28 mm

Liabilities

$1.46 mm

Net assets

$153.82 mm

Number of holdings

322.00

Top 200 of 322 Holdings

As of Sep 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
Turkiye Government International Bond	2.08 mm	2.09 mm principal	1.35	Debt	Long	Turkey
MELI MercadoLibre, Inc.	1.91 mm	2.11 mm principal	1.24	Debt	Long	USA
Intesa Sanpaolo SpA	1.80 mm	2.02 mm principal	1.17	Debt	Long	Italy
Teva Pharmaceutical Finance Netherlands III BV	1.70 mm	1.77 mm principal	1.11	Debt	Long	Netherlands
Altice Financing SA	1.63 mm	2.02 mm principal	1.06	Debt	Long	Luxembourg
Charter Communications Operating LLC / Charter Communications Operating Capital	1.59 mm	2.59 mm principal	1.03	Debt	Long	USA
BBVA Bancomer SA/Texas	1.54 mm	1.62 mm principal	1.00	Debt	Long	Mexico
Provincia de Buenos Aires/Government Bonds	1.33 mm	2.77 mm principal	0.86	Debt	Long	Argentina
Petroleos Mexicanos	1.31 mm	1.60 mm principal	0.85	Debt	Long	Mexico
B3 SA - Brasil Bolsa Balcao	1.26 mm	1.37 mm principal	0.82	Debt	Long	Brazil
United Airlines Inc	1.23 mm	1.27 mm principal	0.80	Debt	Long	USA
DISH DISH Network CORP	1.20 mm	1.48 mm principal	0.78	Debt	Long	USA
888 Acquisitions Ltd	1.15 mm	1.05 mm principal	0.75	Debt	Long	Gibraltar
TK Elevator Midco GmbH	1.13 mm	1.02 mm principal	0.73	Debt	Long	Germany
Canpack SA / Canpack US LLC	1.09 mm	1.16 mm principal	0.71	Debt	Long	N/A
ZF North America Capital Inc	1.08 mm	1.07 mm principal	0.70	Debt	Long	USA
Match Group Holdings II LLC	1.07 mm	1.19 mm principal	0.69	Debt	Long	USA
CHS/Community Health Systems Inc	1.05 mm	950.00 k principal	0.68	Debt	Long	USA
Petroleos Mexicanos	1.02 mm	1.35 mm principal	0.67	Debt	Long	Mexico
Mexican Bonos	1.00 mm	22.02 mm principal	0.65	Debt	Long	Mexico
DAL Delta Air Lines, Inc.	997.33 k	1.00 mm principal	0.65	Debt	Long	USA
United States Treasury Bill	995.50 k	1.00 mm principal	0.65	Debt	Long	USA
Marks & Spencer PLC	993.20 k	900.00 k principal	0.65	Debt	Long	UK
Ivory Coast Government International Bond	991.46 k	1.05 mm principal	0.64	Debt	Long	Côte d'Ivoire
Indonesia Government International Bond	982.71 k	1.00 mm principal	0.64	Debt	Long	Indonesia
Boost Newco Borrower LLC	977.23 k	910.00 k principal	0.64	Debt	Long	USA
CUK Carnival Corporation & plc	969.45 k	1.00 mm principal	0.63	Debt	Long	UK
Marston's Issuer PLC	918.13 k	853.00 k principal	0.60	Debt	Long	UK
CXW CoreCivic, Inc.	911.07 k	860.00 k principal	0.59	Debt	Long	USA
DISH DBS Corp	910.62 k	1.04 mm principal	0.59	Debt	Long	USA
Royal Caribbean Cruises Ltd	910.27 k	920.00 k principal	0.59	Debt	Long	Liberia
Hilton Domestic Operating Co Inc	906.75 k	880.00 k principal	0.59	Debt	Long	USA
Ritchie Bros Holdings Inc	906.32 k	850.00 k principal	0.59	Debt	Long	USA
Banijay Entertainment SAS	904.98 k	870.00 k principal	0.59	Debt	Long	France
SVC Service Properties Trust	898.70 k	940.00 k principal	0.58	Debt	Long	USA
Adient Global Holdings Ltd	892.27 k	900.00 k principal	0.58	Debt	Long	Jersey
Colombia Government International Bond	889.81 k	1.10 mm principal	0.58	Debt	Long	Colombia
THC Tenet Healthcare Corporation	881.92 k	880.00 k principal	0.57	Debt	Long	USA
Turk Telekomunikasyon AS	872.72 k	850.00 k principal	0.57	Debt	Long	Turkey
HEES H&E Equipment Services, Inc.	864.55 k	920.00 k principal	0.56	Debt	Long	USA
Bombardier Inc	846.75 k	800.00 k principal	0.55	Debt	Long	Canada
Jordan Government International Bond	802.73 k	780.00 k principal	0.52	Debt	Long	Jordan
GFL GFL Environmental Inc.	787.56 k	750.00 k principal	0.51	Debt	Long	Canada
Aeropuertos Dominicanos Siglo XXI SA	786.10 k	750.00 k principal	0.51	Debt	Long	Dominican Republic
Gatwick Airport Finance PLC	786.08 k	600.00 k principal	0.51	Debt	Long	UK
Legacy Lifepoint Health, Inc.	785.22 k	800.00 k principal	0.51	Debt	Long	USA
Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc	778.27 k	810.00 k principal	0.51	Debt	Long	USA
CSC Holdings LLC	765.26 k	1.05 mm principal	0.50	Debt	Long	USA
Optics Bidco SpA	762.99 k	750.00 k principal	0.50	Debt	Long	Italy
JB Poindexter & Co Inc	762.13 k	720.00 k principal	0.50	Debt	Long	USA
Verisure Holding AB	756.21 k	650.00 k principal	0.49	Debt	Long	Sweden
BCC Boise Cascade Company	756.10 k	780.00 k principal	0.49	Debt	Long	USA
BALL Ball Corporation	755.71 k	850.00 k principal	0.49	Debt	Long	USA
Prime Security Services Borrower LLC / Prime Finance Inc	754.04 k	750.00 k principal	0.49	Debt	Long	USA
United Rentals North America Inc	751.86 k	750.00 k principal	0.49	Debt	Long	USA
Lloyds Banking Group PLC	740.97 k	690.00 k principal	0.48	Debt	Long	UK
SWN Southwestern Energy Company	737.21 k	770.00 k principal	0.48	Debt	Long	USA
Banco Mercantil del Norte SA/Grand Cayman	725.97 k	780.00 k principal	0.47	Debt	Long	Mexico
Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC	725.90 k	750.00 k principal	0.47	Debt	Long	USA
Vmed O2 UK Financing I PLC	721.82 k	810.00 k principal	0.47	Debt	Long	UK
CSC Holdings LLC	715.74 k	740.00 k principal	0.47	Debt	Long	USA
Indonesia Treasury Bond	713.28 k	10.50 bn principal	0.46	Debt	Long	Indonesia
Petroleos del Peru SA	712.05 k	900.00 k principal	0.46	Debt	Long	Peru
Ecuador Government International Bond	711.40 k	1.27 mm principal	0.46	Debt	Long	Ecuador
Graphic Packaging International LLC	707.58 k	750.00 k principal	0.46	Debt	Long	USA
Connect Finco SARL / Connect US Finco LLC	707.36 k	730.00 k principal	0.46	Debt	Long	N/A
Turkiye Government International Bond	700.44 k	700.00 k principal	0.46	Debt	Long	Turkey
FM First Quantum Minerals Ltd	700.39 k	660.00 k principal	0.46	Debt	Long	Canada
American Airlines Group, Inc.	693.45 k	700.00 k principal	0.45	Debt	Long	USA
TransDigm Inc	688.29 k	650.00 k principal	0.45	Debt	Long	USA
Suburban Propane Partners LP/Suburban Energy Finance Corp	681.21 k	730.00 k principal	0.44	Debt	Long	USA
Wynn Resorts Finance LLC / Wynn Resorts Capital Corp	680.10 k	630.00 k principal	0.44	Debt	Long	USA
Cloud Software Group Inc	679.97 k	650.00 k principal	0.44	Debt	Long	USA
Sasol Financing USA LLC	678.75 k	760.00 k principal	0.44	Debt	Long	USA
Millicom International Cellular SA	676.66 k	750.00 k principal	0.44	Debt	Long	Luxembourg
EC Ecopetrol S.A.	676.20 k	900.00 k principal	0.44	Debt	Long	Colombia
Altice France SA	666.46 k	950.00 k principal	0.43	Debt	Long	France
Viking Ocean Cruises Ship VII Ltd	663.30 k	665.00 k principal	0.43	Debt	Long	Bermuda
Argentine Republic Government International Bond	650.98 k	1.35 mm principal	0.42	Debt	Long	Argentina
Allied Universal Holdco LLC/Allied Universal Finance Corp/Atlas Luxco 4 Sarl	649.33 k	690.00 k principal	0.42	Debt	Long	N/A
Egypt Government International Bond	647.86 k	670.00 k principal	0.42	Debt	Long	Egypt
American Axle & Manufacturing Inc	643.36 k	700.00 k principal	0.42	Debt	Long	USA
Dominican Republic International Bond	641.02 k	600.00 k principal	0.42	Debt	Long	Dominican Republic
Jane Street Group / JSG Finance Inc	636.23 k	600.00 k principal	0.41	Debt	Long	USA
Sirius XM Radio Inc	635.30 k	700.00 k principal	0.41	Debt	Long	USA
Mersin Uluslararasi Liman Isletmeciligi AS	627.10 k	600.00 k principal	0.41	Debt	Long	Turkey
Mexican Bonos	626.44 k	14.77 mm principal	0.41	Debt	Long	Mexico
EC Ecopetrol S.A.	624.11 k	610.00 k principal	0.41	Debt	Long	Colombia
Virgin Media Finance PLC	616.42 k	700.00 k principal	0.40	Debt	Long	UK
JPMorgan Chase & Co	615.67 k	690.00 k principal	0.40	Debt	Long	USA
HTA Group Ltd/Mauritius	612.00 k	600.00 k principal	0.40	Debt	Long	Mauritius
Sally Holdings LLC / Sally Capital Inc	606.51 k	590.00 k principal	0.39	Debt	Long	USA
DISH DBS Corp	604.68 k	900.00 k principal	0.39	Debt	Long	USA
ET Energy Transfer LP	604.17 k	590.00 k principal	0.39	Debt	Long	USA
Magnetite XII Ltd	602.95 k	600.00 k principal	0.39	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Guatemala Government Bond	597.55 k	600.00 k principal	0.39	Debt	Long	Guatemala
Pactiv LLC	589.06 k	570.00 k principal	0.38	Debt	Long	USA
Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC	584.70 k	580.00 k principal	0.38	Debt	Long	N/A
RRC Range Resources Corporation	580.11 k	560.00 k principal	0.38	Debt	Long	USA
Carnival Holdings Bermuda Ltd	572.24 k	530.00 k principal	0.37	Debt	Long	Bermuda
Brazilian Government International Bond	562.49 k	550.00 k principal	0.37	Debt	Long	Brazil
AerCap Ireland Capital DAC / AerCap Global Aviation Trust	557.65 k	630.00 k principal	0.36	Debt	Long	Ireland
Angolan Government International Bond	557.37 k	620.00 k principal	0.36	Debt	Long	Angola
Eskom Holdings SOC Ltd	553.28 k	570.00 k principal	0.36	Debt	Long	South Africa
Cheplapharm Arzneimittel GmbH	543.65 k	560.00 k principal	0.35	Debt	Long	Germany
Panama Government International Bond	542.99 k	700.00 k principal	0.35	Debt	Long	Panama
First Brands Group LLC	541.36 k	546.14 k principal	0.35	Loan	Long	USA
Tengizchevroil Finance Co International Ltd	538.01 k	550.00 k principal	0.35	Debt	Long	Bermuda
SCI Service Corporation International	530.61 k	530.00 k principal	0.34	Debt	Long	USA
Pan American Energy LLC/Argentina	528.36 k	500.00 k principal	0.34	Debt	Long	Argentina
TransDigm Inc	515.27 k	500.00 k principal	0.33	Debt	Long	USA
Turkiye Government International Bond	513.94 k	680.00 k principal	0.33	Debt	Long	Turkey
CZR Caesars Entertainment, Inc.	512.24 k	490.00 k principal	0.33	Debt	Long	USA
Royal Caribbean Cruises Ltd	505.22 k	500.00 k principal	0.33	Debt	Long	Liberia
CPNLQ Calpine Corp	498.42 k	500.00 k principal	0.32	Debt	Long	USA
Brazilian Government International Bond	497.75 k	550.00 k principal	0.32	Debt	Long	Brazil
Bombardier Inc	497.71 k	470.00 k principal	0.32	Debt	Long	Canada
OCP SA	495.96 k	500.00 k principal	0.32	Debt	Long	Morocco
FERTITTA ENTERTAINMENT L	495.37 k	496.18 k principal	0.32	Loan	Long	USA
TANZANIA PRIVATE BL	495.00 k	500.00 k principal	0.32	Debt	Long	Tanzania, United Republic of
IHS Holding Ltd	492.73 k	500.00 k principal	0.32	Debt	Long	Cayman Islands
ATP Tower Holdings LLC / Andean Tower Partners Colombia SAS / Andean Telecom Par	487.82 k	500.00 k principal	0.32	Debt	Long	N/A
Republic of South Africa Government International Bond	484.99 k	500.00 k principal	0.32	Debt	Long	South Africa
Dominican Republic International Bond	484.15 k	480.00 k principal	0.31	Debt	Long	Dominican Republic
FirstCash Inc	483.13 k	500.00 k principal	0.31	Debt	Long	USA
Paraguay Government International Bond	478.04 k	560.00 k principal	0.31	Debt	Long	Paraguay
Bahamas Government International Bond	471.17 k	500.00 k principal	0.31	Debt	Long	Bahamas
FLL Full House Resorts, Inc.	471.04 k	470.00 k principal	0.31	Debt	Long	USA
Braskem Netherlands Finance BV	470.38 k	600.00 k principal	0.31	Debt	Long	Netherlands
Citigroup Inc	465.50 k	500.00 k principal	0.30	Debt	Long	USA
Smyrna Ready Mix Concrete LLC	464.26 k	430.00 k principal	0.30	Debt	Long	USA
United States Treasury Note/Bond	461.44 k	460.00 k principal	0.30	Debt	Long	USA
Brazil Letras do Tesouro Nacional	460.59 k	2.90 mm principal	0.30	Debt	Long	Brazil
Cidron Aida Finco Sarl	459.49 k	360.00 k principal	0.30	Debt	Long	Luxembourg
TWI Titan International, Inc.	458.17 k	460.00 k principal	0.30	Debt	Long	USA
Miter Brands Acquisition Holdco Inc / MIWD Borrower LLC	456.39 k	440.00 k principal	0.30	Debt	Long	USA
Bahrain Government International Bond	452.58 k	510.00 k principal	0.29	Debt	Long	Bahrain
CAESARS ENTERTAIN INC	448.41 k	447.75 k principal	0.29	Loan	Long	USA
Sotera Health Holdings LLC	447.10 k	430.00 k principal	0.29	Debt	Long	USA
Comerica Bank	446.21 k	450.00 k principal	0.29	Debt	Long	USA
Central American Bottling Corp / CBC Bottling Holdco SL / Beliv Holdco SL	438.02 k	450.00 k principal	0.28	Debt	Long	Virgin Islands (British)
Venture Global Calcasieu Pass LLC	437.34 k	470.00 k principal	0.28	Debt	Long	USA
Venture Global LNG Inc	436.19 k	430.00 k principal	0.28	Debt	Long	USA
Oman Government International Bond	434.07 k	400.00 k principal	0.28	Debt	Long	Oman
Puma International Financing SA	432.29 k	420.00 k principal	0.28	Debt	Long	Luxembourg
1011778 BC ULC / New Red Finance Inc	431.62 k	460.00 k principal	0.28	Debt	Long	Canada
Hilcorp Energy I LP / Hilcorp Finance Co	431.55 k	400.00 k principal	0.28	Debt	Long	USA
STWD Starwood Property Trust, Inc.	430.62 k	430.00 k principal	0.28	Debt	Long	USA
CNC Centene Corporation	429.14 k	500.00 k principal	0.28	Debt	Long	USA
IRM Iron Mountain Incorporated	427.68 k	410.00 k principal	0.28	Debt	Long	USA
Open Text Holdings Inc	422.85 k	450.00 k principal	0.27	Debt	Long	USA
NCL Corp Ltd	407.66 k	408.00 k principal	0.27	Debt	Long	Bermuda
DHC Diversified Healthcare Trust	403.90 k	490.00 k principal	0.26	Debt	Long	USA
Banco Mercantil del Norte SA/Grand Cayman	403.25 k	400.00 k principal	0.26	Debt	Long	Mexico
Clarios Global LP / Clarios US Finance Co	402.05 k	400.00 k principal	0.26	Debt	Long	N/A
Univision Communications Inc	401.57 k	400.00 k principal	0.26	Debt	Long	USA
B&M European Value Retail SA	401.56 k	320.00 k principal	0.26	Debt	Long	Luxembourg
VistaJet Malta Finance PLC / Vista Management Holding Inc	400.56 k	410.00 k principal	0.26	Debt	Long	N/A
Wynn Macau Ltd	400.00 k	400.00 k principal	0.26	Debt	Long	Cayman Islands
EXE Expand Energy Corporation	399.58 k	400.00 k principal	0.26	Debt	Long	USA
FLUTTER FINANCING BV	397.92 k	397.00 k principal	0.26	Loan	Long	Netherlands
Standard Industries Inc/NY	396.95 k	400.00 k principal	0.26	Debt	Long	USA
Endo Finance Holdings Inc	396.93 k	370.00 k principal	0.26	Debt	Long	USA
STATION CASINOS LLC	396.90 k	398.00 k principal	0.26	Loan	Long	USA
Dominican Republic International Bond	393.00 k	410.00 k principal	0.26	Debt	Long	Dominican Republic
Sensata Technologies Inc	392.23 k	410.00 k principal	0.25	Debt	Long	USA
Michaels Cos Inc/The	391.72 k	530.00 k principal	0.25	Debt	Long	USA
Dominican Republic International Bond	391.04 k	410.00 k principal	0.25	Debt	Long	Dominican Republic
Stena International SA	389.16 k	370.00 k principal	0.25	Debt	Long	Luxembourg
Venture Global LNG Inc	389.14 k	350.00 k principal	0.25	Debt	Long	USA
Dcert Buyer Inc	387.10 k	397.92 k principal	0.25	Loan	Long	USA
TEO Telecom Argentina S.A.	384.43 k	370.00 k principal	0.25	Debt	Long	Argentina
GEO The GEO Group, Inc.	384.12 k	360.00 k principal	0.25	Debt	Long	USA
Virgin Media Secured Finance PLC	383.96 k	400.00 k principal	0.25	Debt	Long	UK
Northriver Midstream Finance LP	382.18 k	370.00 k principal	0.25	Debt	Long	Canada
Angolan Government International Bond	380.58 k	400.00 k principal	0.25	Debt	Long	Angola
Panama Government International Bond	380.51 k	500.00 k principal	0.25	Debt	Long	Panama
Lightning Power LLC	378.86 k	360.00 k principal	0.25	Debt	Long	USA
Sunrise FinCo I BV	378.81 k	400.00 k principal	0.25	Debt	Long	Netherlands
CVS CVS Health Corporation	377.99 k	400.00 k principal	0.25	Debt	Long	USA
RAY Financing LLC	377.95 k	330.00 k principal	0.25	Debt	Long	USA
Permian Resources Operating LLC	376.24 k	370.00 k principal	0.24	Debt	Long	USA
Amentum Escrow Corp	376.04 k	360.00 k principal	0.24	Debt	Long	USA
Ashtead Capital Inc	375.95 k	440.00 k principal	0.24	Debt	Long	USA
Costa Rica Government International Bond	374.43 k	350.00 k principal	0.24	Debt	Long	Costa Rica
Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc	373.18 k	500.00 k principal	0.24	Debt	Long	N/A
Spirit Loyalty Cayman Ltd / Spirit IP Cayman Ltd	373.11 k	678.00 k principal	0.24	Debt	Long	Cayman Islands
Teva Pharmaceutical Finance Netherlands III BV	372.08 k	500.00 k principal	0.24	Debt	Long	Netherlands
LW Lamb Weston Holdings, Inc.	371.37 k	400.00 k principal	0.24	Debt	Long	USA
Viper Energy Inc	369.10 k	370.00 k principal	0.24	Debt	Long	USA
American Airlines Inc	368.83 k	360.00 k principal	0.24	Debt	Long	USA
Shift4 Payments LLC / Shift4 Payments Finance Sub Inc	365.68 k	350.00 k principal	0.24	Debt	Long	USA
BALL Ball Corporation	365.25 k	410.00 k principal	0.24	Debt	Long	USA
Provincia de Cordoba	361.73 k	390.00 k principal	0.24	Debt	Long	Argentina
Venture Global LNG Inc	359.25 k	340.00 k principal	0.23	Debt	Long	USA
TeamSystem SpA	358.32 k	320.00 k principal	0.23	Debt	Long	Italy
Petroleos Mexicanos	348.88 k	500.00 k principal	0.23	Debt	Long	Mexico
Triton Water Holdings Inc	348.00 k	348.21 k principal	0.23	Loan	Long	USA
PAM Pampa Energía S.A.	345.70 k	340.00 k principal	0.22	Debt	Long	Argentina
Vistra Operations Co LLC	344.76 k	320.00 k principal	0.22	Debt	Long	USA