<SEC-DOCUMENT>0000928816-22-000320-index.html : 20220225
<SEC-HEADER>0000928816-22-000320.hdr.sgml : 20220225
<ACCEPTANCE-DATETIME>20220225131329
ACCESSION NUMBER:		0000928816-22-000320
CONFORMED SUBMISSION TYPE:	N-CSR
PUBLIC DOCUMENT COUNT:		12
CONFORMED PERIOD OF REPORT:	20211231
FILED AS OF DATE:		20220225
DATE AS OF CHANGE:		20220225
EFFECTIVENESS DATE:		20220225

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PUTNAM VARIABLE TRUST
		CENTRAL INDEX KEY:			0000822671
		IRS NUMBER:				046649095
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		N-CSR
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-05346
		FILM NUMBER:		22677703

	BUSINESS ADDRESS:	
		STREET 1:		ONE POST OFFICE SQ
		STREET 2:		MAILSTOP A 14
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02109
		BUSINESS PHONE:		8002551581

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PUTNAM CAPITAL MANAGER TRUST /MA/
		DATE OF NAME CHANGE:	19920703
<SERIES-AND-CLASSES-CONTRACTS-DATA>
<EXISTING-SERIES-AND-CLASSES-CONTRACTS>
<SERIES>
<OWNER-CIK>0000822671
<SERIES-ID>S000003897
<SERIES-NAME>Putnam VT Focused International Equity Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000010889
<CLASS-CONTRACT-NAME>Class IA Shares
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000010890
<CLASS-CONTRACT-NAME>Class IB Shares
</CLASS-CONTRACT>
</SERIES>
</EXISTING-SERIES-AND-CLASSES-CONTRACTS>
</SERIES-AND-CLASSES-CONTRACTS-DATA>
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-CSR
<SEQUENCE>1
<FILENAME>a_vtfocusedintlequity.htm
<DESCRIPTION>PUTNAM VARIABLE TRUST
<TEXT>
Document 1 - file: a_vtfocusedintlequity.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.CERT <SEQUENCE>2 <FILENAME>b_016certifications.htm <DESCRIPTION>EX-99.CERT <TEXT> Document 2 - file: b_016certifications.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.906 CERT <SEQUENCE>3 <FILENAME>c_016noscertification.htm <DESCRIPTION>EX-99.906 CERT <TEXT> Document 3 - file: c_016noscertification.htm
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>4 <FILENAME>vtfocusedintlequityx1x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 4 - file: vtfocusedintlequityx1x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>5 <FILENAME>vtfocusedintlequityx2x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 5 - file: vtfocusedintlequityx2x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>6 <FILENAME>vtfocusedintlequityx3x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 6 - file: vtfocusedintlequityx3x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>7 <FILENAME>vtfocusedintlequityx3x2.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 7 - file: vtfocusedintlequityx3x2.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>8 <FILENAME>vtfocusedintlequityx5x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 8 - file: vtfocusedintlequityx5x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>9 <FILENAME>vtfocusedintlequityx21x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 9 - file: vtfocusedintlequityx21x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>10 <FILENAME>vtfocusedintlequityx22x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 10 - file: vtfocusedintlequityx22x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.CODE ETH <SEQUENCE>11 <FILENAME>a_picoemod4.htm <TEXT> Document 11 - file: a_picoemod4.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.CODE ETH <SEQUENCE>12 <FILENAME>a_nf69mod9.htm <TEXT> Document 12 - file: a_nf69mod9.htm
</DOCUMENT> </SEC-DOCUMENT>