SUPPLEMENT DATED
SEPTEMBER 30, 2026 TO THE CURRENT
SUMMARY PROSPECTUS, STATUTORY PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION FOR:
Invesco V.I. Main Street Mid Cap Fund
This supplement amends the Summary Prospectus, Statutory Prospectus
and Statement of Additional Information (“SAI”) of the above referenced Fund and is in addition to any other supplement(s). You should read this supplement in conjunction with the Summary Prospectus, Statutory Prospectus and SAI and retain it for future reference.
1. The following information replaces in its entirety the table appearing under the heading “Management of the Fund” in the Summary and Statutory Prospectuses:
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Length of Service on the Fund |
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2. The following information replaces in its entirety the
information appearing under the heading “Fund Management – Portfolio Managers” in the Statutory Prospectus:
The following individuals are jointly and primarily responsible for
the day-to-day management of the Fund’s portfolio:
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Bryan Lassiter, CFA, Portfolio Manager, who has been responsible for the Fund since
2026 and has been associated with Invesco and/or its affiliates since 2026. Prior to joining Invesco, Mr. Lassiter was a Portfolio Manager with Columbia Threadneedle Investments from 2021 to 2026 and a Senior Investment Analyst with LMCG Investments from 2011 to
2021.
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Adam Weiner, Portfolio Manager, who has been responsible for the Fund since 2019
and has been associated with Invesco and/or its affiliates since 2019. From 2009 to 2019, Mr. Weiner was associated with OppenheimerFunds, a global asset management firm.
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Matthew P. Ziehl, CFA, Portfolio Manager, who has been responsible for the Fund
since 2019 and has been associated with Invesco and/or its affiliates since 2019. From 2009 to 2019, Mr. Ziehl was associated with OppenheimerFunds, a global asset management firm.
More information on the portfolio managers may
be found at www.invesco.com/us. The website is not part of this prospectus.
The Fund’s SAI provides additional
information about the portfolio managers’ investments in the Fund, a description of the compensation structure and information regarding other accounts
managed.
3. Joy Budzinski, Belinda Cavazos,
Magnus Krantz and Raman Vardharaj will no longer serve as Portfolio Managers of the Fund. All references to Ms. Budzinski, Ms. Cavazos, Mr. Krantz and Mr.
Vardharaj in the Summary and Statutory Prospectuses and SAI are hereby removed.