C000000438 Fees and Costs — Invesco V.I. Technology Fund
Data updated: 2026-08-25
The net expense ratio is 0.96%: a 0.75% management fee plus 0.21% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $149K in broker commissions, 0.0668% of average net assets, and portfolio turnover was 160%.
C000000438 Fees and Expenses
Annual operating expenses and sales charges of C000000438. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.21% |
| Gross expense ratio | 0.96% |
| Fee waiver | — |
| Net expense ratio | 0.96% |
| 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 |
C000000438 Costs Over Time
On $10,000 invested in C000000438, assuming 5% a year before costs, total costs come to $642 over 5 years, cutting the return by 1.08% 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 0.96%) | $101 | $314 | $545 |
| Trading costs (broker commissions) | $7 | $22 | $38 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $108 | $353 | $642 |
| Value after costs | $10,392 | $11,223 | $12,121 |
| Impact on return, per year | 1.08% | 1.08% | 1.08% |
C000000438 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): 0.0668%
- Total broker commissions: $149K
- Bought from dealers (principal trades, not a cost): $1.1M
- Portfolio turnover (prospectus): 160%
- Securities on loan, average value: $10.1M
- Net income from securities lending: $19K (0.008% of average net assets)
C000000438 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN, SACHS & CO. | $22K | 17.93% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $20K | 16.66% |
| UBS SECURITIES LLC | $16K | 13.46% |
| MORGAN STANLEY & CO. LLC | $14K | 11.04% |
| CITIGROUP GLOBAL MARKETS INC. | $13K | 10.22% |
| INVESCO CAPITAL MARKETS, INC. | $12K | 9.95% |
| J.P. MORGAN SECURITIES LLC | $10K | 8.50% |
| WELLS FARGO SECURITIES, LLC | $7K | 5.41% |
| RBC CAPITAL MARKETS, LLC | $4K | 3.48% |
| JEFFERIES LLC | $4K | 3.36% |
C000000438 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $556K | 48.63% |
| J.P. MORGAN SECURITIES LLC | $305K | 26.68% |
| CITIGROUP GLOBAL MARKETS INC. | $282K | 24.69% |
Invesco V.I. Technology Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000000438 | Invesco VI Technology Fund Series I | 0.96% | none |
| C000000439 | Invesco VI Technology Fund Series II | 1.21% | 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.