C000000445 Fees and Costs — Invesco V.I. Value Opportunities Fund
Data updated: 2021-05-27
The net expense ratio is 1.23%: a 0.70% management fee, a 0.25% 12b-1 fee plus 0.27% other expenses. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $106K in broker commissions, 0.1455% of average net assets, and portfolio turnover was 34%.
C000000445 Fees and Expenses
Annual operating expenses and sales charges of C000000445. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.27% |
| Gross expense ratio | 1.23% |
| Fee waiver | — |
| Net expense ratio | 1.23% |
| 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 |
C000000445 Costs Over Time
On $10,000 invested in C000000445, assuming 5% a year before costs, total costs come to $854 over 5 years, cutting the return by 1.44% 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 1.23%) | $129 | $401 | $693 |
| Trading costs (broker commissions) | $15 | $47 | $82 |
| Lost growth on money paid in costs | $0 | $22 | $79 |
| Total costs | $144 | $471 | $854 |
| Value after costs | $10,356 | $11,105 | $11,909 |
| Impact on return, per year | 1.44% | 1.44% | 1.44% |
C000000445 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.1455%
- Total broker commissions: $106K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 34%
- Securities on loan, average value: $0
- Net income from securities lending: $9K (0.012% of average net assets)
C000000445 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $21K | 23.98% |
| CITIGROUP GLOBAL MARKETS INC. | $14K | 15.18% |
| CREDIT SUISSE SECURITIES (USA) LLC | $11K | 11.90% |
| MORGAN STANLEY & CO. LLC | $11K | 11.89% |
| GOLDMAN, SACHS & CO. | $10K | 11.46% |
| WELLS FARGO SECURITIES, LLC | $7K | 7.32% |
| LIQUIDNET, INC. | $5K | 5.10% |
| BARCLAYS CAPITAL INC. | $5K | 5.05% |
| BMO CAPITAL MARKETS CORP. | $4K | 4.16% |
| STUART FRANKEL & CO., INC. | $4K | 3.96% |
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.