C000007912 Fees and Costs — BlackRock Advantage Large Cap Value V.I. Fund, Class II
Data updated: 2026-08-25
The net expense ratio is 0.75%: a 0.75% management fee, a 0.15% 12b-1 fee plus 0.34% other expenses, less a 0.49% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $20K in broker commissions, 0.0195% of average net assets, and portfolio turnover was 128%.
C000007912 Fees and Expenses
Annual operating expenses and sales charges of C000007912. Prospectus, as of April 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.15% |
| Other expenses | 0.34% |
| Gross expense ratio | 1.24% |
| Fee waiver | −0.49% |
| Net expense ratio | 0.75% |
| 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 |
C000007912 Costs Over Time
On $10,000 invested in C000007912, assuming 5% a year before costs, total costs come to $484 over 5 years, cutting the return by 0.81% 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 0.75%) | $79 | $246 | $428 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $0 | $12 | $44 |
| Total costs | $81 | $265 | $484 |
| Value after costs | $10,419 | $11,311 | $12,279 |
| Impact on return, per year | 0.81% | 0.81% | 0.81% |
C000007912 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): 0.0195%
- Total broker commissions: $20K
- Bought from dealers (principal trades, not a cost): $35.1M
- Portfolio turnover (prospectus): 128%
- Securities on loan, average value: $3.3M
- Net income from securities lending: $5K (0.005% of average net assets)
C000007912 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $3K | 14.62% |
| Goldman Sachs & Co. LLC | $3K | 14.30% |
| UBS Securities LLC | $2K | 12.34% |
| Citigroup Global Markets Inc. | $2K | 11.51% |
| Morgan Stanley & Co. LLC | $2K | 11.22% |
| Barclays Capital, Inc. | $2K | 9.87% |
| J.P. Morgan Securities LLC | $2K | 9.64% |
| BNP Paribas Securities Corp. | $2K | 9.12% |
| Jefferies LLC | $667 | 3.80% |
| TD SECURITIES (USA) LLC | $631 | 3.59% |
C000007912 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Liquidity Funds T-Fund | $21.3M | 60.77% |
| J.P. Morgan Securities LLC | $13.0M | 36.96% |
| Goldman Sachs & Co. LLC | $454K | 1.29% |
| Morgan Stanley & Co. LLC | $195K | 0.56% |
| Jefferies LLC | $68K | 0.19% |
| Citigroup Global Markets Inc. | $41K | 0.12% |
| BofA Securities, Inc. | $17K | 0.05% |
| Pershing LLC | $16K | 0.04% |
| UBS Securities LLC | $4K | 0.01% |
| Barclays Capital, Inc. | $1K | 0.00% |
BlackRock Advantage Large Cap Value V.I. Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000007911 | Class I | 0.60% | — |
| C000007912 | Class II | 0.75% | — |
| C000007913 | Class III | 0.85% | — |
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.