PORTFOLIO OF INVESTMENTS CTIVP® – CenterSquare Real Estate Fund, September 30, 2020 (Unaudited) (Percentages represent value of investments compared to net assets)

Investments in securities

Common Stocks 99.0% Common Stocks (continued) Issuer Shares Value ($) Issuer Shares Value ($) Real Estate 99.0% Office REITs 6.6% Diversified REITs 7.2% Columbia Property Trust, Inc. 107,489 1,172,705 American Assets Trust, Inc. 59,000 1,421,310 Cousins Properties, Inc. 129,480 3,701,833 Broadstone Net Lease, Inc., Class A 109,310 1,834,222 Douglas Emmett, Inc. 74,030 1,858,153 Empire State Realty Trust, Inc., Class A 223,647 1,368,719 JBG SMITH Properties 163,444 4,370,493 STORE Capital Corp. 108,360 2,972,315 Kilroy Realty Corp. 53,030 2,755,439 VEREIT, Inc. 854,846 5,556,499 SL Green Realty Corp. 18,100 839,297 WP Carey, Inc. 46,620 3,037,759 Total Office REITs 14,697,920 Total Diversified REITs 16,190,824 Residential REITs 19.9% Health Care REITs 11.1% American Campus Communities, Inc. 25,750 899,190 Diversified Healthcare Trust 65,890 231,933 American Homes 4 Rent, Class A 68,890 1,961,987 Healthcare Trust of America, Inc., Class A 92,724 2,410,824 AvalonBay Communities, Inc. 41,612 6,214,336 Healthpeak Properties, Inc. 330,620 8,976,333 Equity LifeStyle Properties, Inc. 27,920 1,711,496 Medical Properties Trust, Inc. 198,950 3,507,488 Equity Residential 124,590 6,395,205 Sabra Health Care REIT, Inc. 96,545 1,330,873 Essex Property Trust, Inc. 7,853 1,576,804 Ventas, Inc. 101,180 4,245,513 Invitation Homes, Inc. 409,240 11,454,628 Welltower, Inc. 73,350 4,040,851 Mid-America Apartment Communities, Inc. 64,811 7,514,835 Total Health Care REITs 24,743,815 Sun Communities, Inc. 18,120 2,547,853 Hotel & Resort REITs 3.0% UDR, Inc. 133,250 4,345,283 Apple Hospitality REIT, Inc. 152,368 1,464,257 Total Residential REITs 44,621,617 DiamondRock Hospitality Co. 82,945 420,531 Retail REITs 9.2% Host Hotels & Resorts, Inc. 306,713 3,309,433 Brixmor Property Group, Inc. 213,300 2,493,477 Ryman Hospitality Properties, Inc. 29,500 1,085,600 Realty Income Corp. 104,260 6,333,795 Xenia Hotels & Resorts, Inc. 44,990 395,012 Corp. 61,599 2,341,994 Total Hotel & Resort REITs 6,674,833 Retail Opportunity Investments Corp. 137,619 1,433,302 Industrial REITs 13.6% Retail Properties of America, Inc., Class A 433,081 2,516,201 Americold Realty Trust 98,420 3,518,515 Simon Property Group, Inc. 51,490 3,330,373 Duke Realty Corp. 116,390 4,294,791 Urban Edge Properties 156,843 1,524,514 First Industrial Realty Trust, Inc. 59,950 2,386,010 Weingarten Realty Investors 40,422 685,557 Prologis, Inc. 163,310 16,432,252 Total Retail REITs 20,659,213 Rexford Industrial Realty, Inc. 38,620 1,767,251 Specialized REITs 28.4% STAG Industrial, Inc. 69,330 2,113,872 American Tower Corp. 34,270 8,284,087 Total Industrial REITs 30,512,691 CubeSmart 212,530 6,866,844 CyrusOne, Inc. 21,730 1,521,752 Digital Realty Trust, Inc. 57,540 8,444,571 , Inc. 24,810 18,858,825 Extra Space Storage, Inc. 16,566 1,772,396

CTIVP® – CenterSquare Real Estate Fund | Quarterly Report 2020 1 PORTFOLIO OF INVESTMENTS (continued) CTIVP® – CenterSquare Real Estate Fund, September 30, 2020 (Unaudited)

Common Stocks (continued) Money Market Funds 0.3% Issuer Shares Value ($) Shares Value ($) Gaming and Leisure Properties, Inc. 46,558 1,719,387 Columbia Short-Term Cash Fund, 0.136%(a),(b) 787,038 786,960 Iron Mountain, Inc. 105,641 2,830,122 Total Money Market Funds (Cost: $787,012) 786,960 Life Storage, Inc. 50,869 5,354,980 Total Investments in Securities Outfront Media, Inc. 95,340 1,387,197 (Cost $225,301,382) 222,605,923 SBA Communications Corp. 20,968 6,677,889 Other Assets & Liabilities, Net 1,466,993 Total Specialized REITs 63,718,050 Net Assets $224,072,916 Total Real Estate 221,818,963 Total Common Stocks (Cost: $224,514,370) 221,818,963

Notes to Portfolio of Investments

(a) The rate shown is the seven-day current annualized yield at September 30, 2020. (b) As defined in the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended September 30, 2020 are as follows: Net change in unrealized Beginning appreciation End of Realized gain End of Affiliated issuers of period($) Purchases($) Sales($) (depreciation)($) period($) (loss)($) Dividends($) period shares Columbia Short-Term Cash Fund, 0.136% 2,584,081 180,203,883 (182,000,984) (20) 786,960 977 17,468 787,038

Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.

2 CTIVP® – CenterSquare Real Estate Fund | Quarterly Report 2020 3QT7030_09_K01_(09/20)