C000006678 Fees and Costs — Delaware VIP Diversified Income Series, Service Class
Data updated: 2021-05-26
The net expense ratio is 0.90%: a 0.58% management fee, a 0.30% 12b-1 fee plus 0.06% other expenses, less a 0.04% fee waiver. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $39K in broker commissions, 0.0015% of average net assets, and portfolio turnover was 171%.
C000006678 Fees and Expenses
Annual operating expenses and sales charges of C000006678. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.58% |
| 12b-1 fee | 0.30% |
| Other expenses | 0.06% |
| Gross expense ratio | 0.94% |
| Fee waiver | −0.04% |
| Net expense ratio | 0.90% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000006678 Costs Over Time
On $10,000 invested in C000006678, assuming 5% a year before costs, total costs come to $565 over 5 years, cutting the return by 0.95% 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 0.90%) | $94 | $295 | $512 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $95 | $310 | $565 |
| Value after costs | $10,405 | $11,266 | $12,198 |
| Impact on return, per year | 0.95% | 0.95% | 0.95% |
C000006678 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): 0.0015%
- Total broker commissions: $39K
- Bought from dealers (principal trades, not a cost): $9.1B
- Portfolio turnover (prospectus): 171%
- Securities lending: none during the year
C000006678 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| ADVANTAGE SECURITIES LLC | $34K | 85.27% |
| CitiGroup Global Markets Inc. | $4K | 9.95% |
| HSBC SECURITIES (USA) INC. | $2K | 4.56% |
| ARCHR LLP | $89 | 0.23% |
C000006678 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $2.5B | 33.00% |
| BOFA SECURITIES, INC. | $1.3B | 17.07% |
| CitiGroup Global Markets Inc. | $656.5M | 8.60% |
| J.P. Morgan Securities LLC | $651.9M | 8.54% |
| GOLDMAN SACHS & CO. LLC | $645.9M | 8.46% |
| BARCLAYS CAPITAL, INC. | $631.9M | 8.28% |
| MORGAN STANLEY & CO. LLC | $418.8M | 5.49% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $313.5M | 4.11% |
| HSBC SECURITIES (USA), INC. | $254.6M | 3.34% |
| Amherst Pierpont Securities LLC | $238.3M | 3.12% |
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.