C000010858 Fees and Costs — Putnam VT Sustainable Future Fund, Class Ib
Data updated: 2026-08-27
The net expense ratio is 1.05%: a 0.53% management fee, a 0.25% 12b-1 fee plus 0.35% other expenses, less a 0.08% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $40K in broker commissions, 0.1293% of average net assets, and portfolio turnover was 74%.
C000010858 Fees and Expenses
Annual operating expenses and sales charges of C000010858. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.53% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.35% |
| Gross expense ratio | 1.13% |
| Fee waiver | −0.08% |
| Net expense ratio | 1.05% |
| 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 |
C000010858 Costs Over Time
On $10,000 invested in C000010858, assuming 5% a year before costs, total costs come to $735 over 5 years, cutting the return by 1.24% 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 1.05%) | $110 | $343 | $594 |
| Trading costs (broker commissions) | $14 | $42 | $73 |
| Lost growth on money paid in costs | $0 | $19 | $68 |
| Total costs | $124 | $405 | $735 |
| Value after costs | $10,376 | $11,172 | $12,028 |
| Impact on return, per year | 1.24% | 1.24% | 1.24% |
C000010858 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): 0.1293%
- Total broker commissions: $40K
- Bought from dealers (principal trades, not a cost): $706K
- Portfolio turnover (prospectus): 74%
- Securities lending: none during the year
C000010858 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $6K | 18.13% |
| Citigroup Global Markets Inc. | $6K | 17.43% |
| BofA Securities, Inc. | $4K | 13.10% |
| Barclays Capital, Inc. | $4K | 12.42% |
| UBS Securities LLC | $3K | 9.54% |
| Stifel, Nicolaus & Company, Incorporated | $3K | 7.75% |
| RBC Capital Markets, LLC | $2K | 7.14% |
| J.P. Morgan Securities LLC | $2K | 5.90% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $2K | 4.96% |
| Piper Sandler & Co. | $1K | 3.62% |
C000010858 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $447K | 63.35% |
| Barclays Capital, Inc. | $109K | 15.42% |
| Goldman Sachs & Co. LLC | $103K | 14.55% |
| Jefferies LLC | $35K | 5.00% |
| BofA Securities, Inc. | $5K | 0.67% |
| Citigroup Global Markets Inc. | $4K | 0.62% |
| Morgan Stanley & Co. LLC | $3K | 0.40% |
Putnam VT Sustainable Future Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000010857 | Class Ia | 0.80% | — |
| C000010858 | Class Ib | 1.05% | — |
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.