C000000421 Fees and Costs — Invesco V.I. Global Real Estate Fund
Data updated: 2026-08-25
The net expense ratio is 1.27%: a 0.75% management fee, a 0.25% 12b-1 fee plus 0.27% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $87K in broker commissions, 0.0906% of average net assets, and portfolio turnover was 77%.
C000000421 Fees and Expenses
Annual operating expenses and sales charges of C000000421. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.27% |
| Gross expense ratio | 1.27% |
| Fee waiver | — |
| Net expense ratio | 1.27% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000000421 Costs Over Time
On $10,000 invested in C000000421, assuming 5% a year before costs, total costs come to $845 over 5 years, cutting the return by 1.43% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.27%) | $133 | $415 | $716 |
| Trading costs (broker commissions) | $10 | $30 | $51 |
| Lost growth on money paid in costs | $0 | $22 | $78 |
| Total costs | $143 | $466 | $845 |
| Value after costs | $10,357 | $11,110 | $11,918 |
| Impact on return, per year | 1.43% | 1.43% | 1.43% |
C000000421 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0906%
- Total broker commissions: $87K
- Bought from dealers (principal trades, not a cost): $146K
- Portfolio turnover (prospectus): 77%
- Securities on loan, average value: $16.9M
- Net income from securities lending: $23K (0.024% of average net assets)
C000000421 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $12K | 16.47% |
| CITIGROUP GLOBAL MARKETS INC. | $9K | 12.30% |
| UBS SECURITIES LLC | $9K | 12.23% |
| GOLDMAN, SACHS & CO. | $8K | 11.73% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $8K | 11.00% |
| MORGAN STANLEY & CO. LLC | $8K | 10.72% |
| LIQUIDNET, INC. | $7K | 9.50% |
| BERENBERG CAPITAL MARKETS LLC | $6K | 8.76% |
| INVESCO CAPITAL MARKETS, INC. | $3K | 4.30% |
| NATIONAL BANK FINANCIAL INC. | $2K | 3.00% |
C000000421 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| RBC CAPITAL MARKETS, LLC | $146K | 100.00% |
Invesco V.I. Global Real Estate Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000000420 | Invesco VI Global Real Estate Fund Series I | 1.02% | none |
| C000000421 | Invesco VI Global Real Estate Fund Series II | 1.27% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.