<SEC-DOCUMENT>0001628280-20-001975-index.html : 20200601
<SEC-HEADER>0001628280-20-001975.hdr.sgml : 20200601

<ACCEPTANCE-DATETIME>20200221170229

<PRIVATE-TO-PUBLIC>

ACCESSION NUMBER:		0001628280-20-001975

CONFORMED SUBMISSION TYPE:	485APOS

PUBLIC DOCUMENT COUNT:		29

FILED AS OF DATE:		20200221

DATE AS OF CHANGE:		20200513


FILER:


	COMPANY DATA:	

		COMPANY CONFORMED NAME:			Guggenheim Variable Funds Trust

		CENTRAL INDEX KEY:			0000217087

		IRS NUMBER:				480873454

		STATE OF INCORPORATION:			DE

		FISCAL YEAR END:			1231



	FILING VALUES:

		FORM TYPE:		485APOS

		SEC ACT:		1933 Act

		SEC FILE NUMBER:	002-59353

		FILM NUMBER:		20640972



	BUSINESS ADDRESS:	

		STREET 1:		702 KING FARM BOULEVARD

		STREET 2:		SUITE 200

		CITY:			ROCKVILLE

		STATE:			MD

		ZIP:			20850

		BUSINESS PHONE:		301-296-5100



	MAIL ADDRESS:	

		STREET 1:		702 KING FARM BOULEVARD

		STREET 2:		SUITE 200

		CITY:			ROCKVILLE

		STATE:			MD

		ZIP:			20850



	FORMER COMPANY:	

		FORMER CONFORMED NAME:	SBL FUND

		DATE OF NAME CHANGE:	19920703




FILER:


	COMPANY DATA:	

		COMPANY CONFORMED NAME:			Guggenheim Variable Funds Trust

		CENTRAL INDEX KEY:			0000217087

		IRS NUMBER:				480873454

		STATE OF INCORPORATION:			DE

		FISCAL YEAR END:			1231



	FILING VALUES:

		FORM TYPE:		485APOS

		SEC ACT:		1940 Act

		SEC FILE NUMBER:	811-02753

		FILM NUMBER:		20640971



	BUSINESS ADDRESS:	

		STREET 1:		702 KING FARM BOULEVARD

		STREET 2:		SUITE 200

		CITY:			ROCKVILLE

		STATE:			MD

		ZIP:			20850

		BUSINESS PHONE:		301-296-5100



	MAIL ADDRESS:	

		STREET 1:		702 KING FARM BOULEVARD

		STREET 2:		SUITE 200

		CITY:			ROCKVILLE

		STATE:			MD

		ZIP:			20850



	FORMER COMPANY:	

		FORMER CONFORMED NAME:	SBL FUND

		DATE OF NAME CHANGE:	19920703



<SERIES-AND-CLASSES-CONTRACTS-DATA>

<EXISTING-SERIES-AND-CLASSES-CONTRACTS>

<SERIES>

<OWNER-CIK>0000217087

<SERIES-ID>S000010053

<SERIES-NAME>SERIES A (STYLEPLUS - LARGE CORE SERIES)

<CLASS-CONTRACT>

<CLASS-CONTRACT-ID>C000027852

<CLASS-CONTRACT-NAME>A

</CLASS-CONTRACT>

</SERIES>

<SERIES>

<OWNER-CIK>0000217087

<SERIES-ID>S000010054

<SERIES-NAME>SERIES O (ALL CAP VALUE SERIES)

<CLASS-CONTRACT>

<CLASS-CONTRACT-ID>C000027853

<CLASS-CONTRACT-NAME>A

</CLASS-CONTRACT>

</SERIES>

<SERIES>

<OWNER-CIK>0000217087

<SERIES-ID>S000010055

<SERIES-NAME>SERIES P (HIGH YIELD SERIES)

<CLASS-CONTRACT>

<CLASS-CONTRACT-ID>C000027854

<CLASS-CONTRACT-NAME>A

</CLASS-CONTRACT>

</SERIES>

<SERIES>

<OWNER-CIK>0000217087

<SERIES-ID>S000010056

<SERIES-NAME>SERIES Q (SMALL CAP VALUE SERIES)

<CLASS-CONTRACT>

<CLASS-CONTRACT-ID>C000027855

<CLASS-CONTRACT-NAME>A

</CLASS-CONTRACT>

</SERIES>

<SERIES>

<OWNER-CIK>0000217087

<SERIES-ID>S000010058

<SERIES-NAME>SERIES V (SMID CAP VALUE SERIES)

<CLASS-CONTRACT>

<CLASS-CONTRACT-ID>C000027857

<CLASS-CONTRACT-NAME>A

</CLASS-CONTRACT>

</SERIES>

<SERIES>

<OWNER-CIK>0000217087

<SERIES-ID>S000010060

<SERIES-NAME>SERIES X (STYLEPLUS - SMALL GROWTH SERIES)

<CLASS-CONTRACT>

<CLASS-CONTRACT-ID>C000027859

<CLASS-CONTRACT-NAME>A

</CLASS-CONTRACT>

</SERIES>

<SERIES>

<OWNER-CIK>0000217087

<SERIES-ID>S000010061

<SERIES-NAME>SERIES Y (STYLEPLUS - LARGE GROWTH SERIES)

<CLASS-CONTRACT>

<CLASS-CONTRACT-ID>C000027860

<CLASS-CONTRACT-NAME>A

</CLASS-CONTRACT>

</SERIES>

<SERIES>

<OWNER-CIK>0000217087

<SERIES-ID>S000010062

<SERIES-NAME>SERIES Z (ALPHA OPPORTUNITY SERIES)

<CLASS-CONTRACT>

<CLASS-CONTRACT-ID>C000027861

<CLASS-CONTRACT-NAME>A

</CLASS-CONTRACT>

</SERIES>

<SERIES>

<OWNER-CIK>0000217087

<SERIES-ID>S000010063

<SERIES-NAME>SERIES B (LARGE CAP VALUE SERIES)

<CLASS-CONTRACT>

<CLASS-CONTRACT-ID>C000027862

<CLASS-CONTRACT-NAME>A

</CLASS-CONTRACT>

</SERIES>

<SERIES>

<OWNER-CIK>0000217087

<SERIES-ID>S000010065

<SERIES-NAME>SERIES D (WORLD EQUITY INCOME SERIES)

<CLASS-CONTRACT>

<CLASS-CONTRACT-ID>C000027864

<CLASS-CONTRACT-NAME>A

</CLASS-CONTRACT>

</SERIES>

<SERIES>

<OWNER-CIK>0000217087

<SERIES-ID>S000010066

<SERIES-NAME>SERIES E (TOTAL RETURN BOND SERIES)

<CLASS-CONTRACT>

<CLASS-CONTRACT-ID>C000027865

<CLASS-CONTRACT-NAME>A

</CLASS-CONTRACT>

</SERIES>

<SERIES>

<OWNER-CIK>0000217087

<SERIES-ID>S000010069

<SERIES-NAME>SERIES J (STYLEPLUS - MID GROWTH SERIES)

<CLASS-CONTRACT>

<CLASS-CONTRACT-ID>C000027868

<CLASS-CONTRACT-NAME>A

</CLASS-CONTRACT>

</SERIES>

<SERIES>

<OWNER-CIK>0000217087

<SERIES-ID>S000010070

<SERIES-NAME>SERIES N (MANAGED ASSET ALLOCATION SERIES)

<CLASS-CONTRACT>

<CLASS-CONTRACT-ID>C000027869

<CLASS-CONTRACT-NAME>A

</CLASS-CONTRACT>

</SERIES>

<SERIES>

<OWNER-CIK>0000217087

<SERIES-ID>S000040553

<SERIES-NAME>SERIES F (FLOATING RATE STRATEGIES SERIES)

<CLASS-CONTRACT>

<CLASS-CONTRACT-ID>C000125779

<CLASS-CONTRACT-NAME>A

</CLASS-CONTRACT>

</SERIES>

</EXISTING-SERIES-AND-CLASSES-CONTRACTS>

</SERIES-AND-CLASSES-CONTRACTS-DATA>

</SEC-HEADER>

<DOCUMENT>
<TYPE>485APOS
<SEQUENCE>1
<FILENAME>gvft22020485aposannualupdoc.htm
<DESCRIPTION>485APOS
<TEXT>
Document 1 - file: gvft22020485aposannualupdoc.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.(A) <SEQUENCE>2 <FILENAME>guggenheim-gvftdotapproved.htm <DESCRIPTION>EXHIBIT 99.(A) <TEXT> Document 2 - file: guggenheim-gvftdotapproved.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.(B) <SEQUENCE>3 <FILENAME>guggenheim-gvftbyxlawsappr.htm <DESCRIPTION>EXHIBIT 99.(B) <TEXT> Document 3 - file: guggenheim-gvftbyxlawsappr.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.(H)(2) <SEQUENCE>4 <FILENAME>si-expenselimitationagreem.htm <DESCRIPTION>EXHIBIT 99.(H)(2) <TEXT> Document 4 - file: si-expenselimitationagreem.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.(H)(5) <SEQUENCE>5 <FILENAME>gvftgpimunderlyingserieswa.htm <DESCRIPTION>EXHIBIT 99.(H)(5) <TEXT> Document 5 - file: gvftgpimunderlyingserieswa.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.(H)(6) <SEQUENCE>6 <FILENAME>gvftsiunderlyingserieswaiv.htm <DESCRIPTION>EXHIBIT 99.(H)(6) <TEXT> Document 6 - file: gvftsiunderlyingserieswaiv.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.(P)(2) <SEQUENCE>7 <FILENAME>gpimcodeofethicsjanuary120.htm <DESCRIPTION>EXHIBIT 99.(P)(2) <TEXT> Document 7 - file: gpimcodeofethicsjanuary120.htm
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>9 <FILENAME>chart-5f484c423d085322a07.jpg <TEXT> Document 9 - file: chart-5f484c423d085322a07.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>10 <FILENAME>chart-7badff2a04fd52f396b.jpg <TEXT> Document 10 - file: chart-7badff2a04fd52f396b.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>11 <FILENAME>chart-8a27d5a0641a540180b.jpg <TEXT> Document 11 - file: chart-8a27d5a0641a540180b.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>12 <FILENAME>chart-8c5b2e31d5f45ba1803.jpg <TEXT> Document 12 - file: chart-8c5b2e31d5f45ba1803.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>13 <FILENAME>chart-55f5245d85395cb4837.jpg <TEXT> Document 13 - file: chart-55f5245d85395cb4837.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>14 <FILENAME>chart-73af237fa1175445a75.jpg <TEXT> Document 14 - file: chart-73af237fa1175445a75.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>15 <FILENAME>chart-92fc31dfb47d56aaaec.jpg <TEXT> Document 15 - file: chart-92fc31dfb47d56aaaec.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>16 <FILENAME>chart-2969e32cf0cf5da09f9.jpg <TEXT> Document 16 - file: chart-2969e32cf0cf5da09f9.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>17 <FILENAME>chart-6878e47617b55b979ca.jpg <TEXT> Document 17 - file: chart-6878e47617b55b979ca.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>18 <FILENAME>chart-ce00ebd7cd43560987e.jpg <TEXT> Document 18 - file: chart-ce00ebd7cd43560987e.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>19 <FILENAME>chart-cf3f2361112857fa9c2.jpg <TEXT> Document 19 - file: chart-cf3f2361112857fa9c2.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>20 <FILENAME>chart-d7913cc023d05473a5a.jpg <TEXT> Document 20 - file: chart-d7913cc023d05473a5a.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>21 <FILENAME>chart-e3f978b69c545dd9b2f.jpg <TEXT> Document 21 - file: chart-e3f978b69c545dd9b2f.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>22 <FILENAME>chart-f0909f48f1f1515883a.jpg <TEXT> Document 22 - file: chart-f0909f48f1f1515883a.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>23 <FILENAME>gpimcodeofethicsjanua_image2.gif <TEXT> Document 23 - file: gpimcodeofethicsjanua_image2.gif
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>24 <FILENAME>guggenheimcodeofethics.jpg <TEXT> Document 24 - file: guggenheimcodeofethics.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>25 <FILENAME>guggenheimlogoa02a78.jpg <TEXT> Document 25 - file: guggenheimlogoa02a78.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>26 <FILENAME>guggenheimlogoa02a79.jpg <TEXT> Document 26 - file: guggenheimlogoa02a79.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>27 <FILENAME>guggenheimlogoe64.jpg <TEXT> Document 27 - file: guggenheimlogoe64.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>28 <FILENAME>guggenheimlogoe65.jpg <TEXT> Document 28 - file: guggenheimlogoe65.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>29 <FILENAME>innovativesolutionsendurings.jpg <TEXT> Document 29 - file: innovativesolutionsendurings.jpg
</DOCUMENT> <DOCUMENT> <TYPE>COVER <SEQUENCE>30 <FILENAME>filename30.htm <TEXT> Document 30 - file: filename30.htm
</DOCUMENT> </SEC-DOCUMENT>