C000017162 Fees and Costs — Nomura VIP Mid Cap Growth Series, Service Class
Data updated: 2026-08-24
The net expense ratio is 1.10%: a 0.85% management fee, a 0.25% 12b-1 fee plus 0.07% other expenses, less a 0.07% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $94K in broker commissions, 0.0243% of average net assets, and portfolio turnover was 52%.
C000017162 Fees and Expenses
Annual operating expenses and sales charges of C000017162. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.07% |
| Gross expense ratio | 1.17% |
| Fee waiver | −0.07% |
| Net expense ratio | 1.10% |
| 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 |
C000017162 Costs Over Time
On $10,000 invested in C000017162, assuming 5% a year before costs, total costs come to $702 over 5 years, cutting the return by 1.18% 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 1.10%) | $116 | $360 | $623 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $18 | $64 |
| Total costs | $118 | $386 | $702 |
| Value after costs | $10,382 | $11,190 | $12,061 |
| Impact on return, per year | 1.18% | 1.18% | 1.18% |
C000017162 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): 0.0243%
- Total broker commissions: $94K
- Bought from dealers (principal trades, not a cost): $9.7M
- Portfolio turnover (prospectus): 52%
- Securities lending: none during the year
C000017162 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets Inc. | $10K | 15.00% |
| GOLDMAN SACHS & CO. LLC | $9K | 13.51% |
| BOFA SECURITIES, INC. | $9K | 13.36% |
| J.P. Morgan Securities LLC | $7K | 11.32% |
| MORGAN STANLEY & CO. LLC | $7K | 11.18% |
| RBC CAPITAL MARKETS, LLC | $6K | 8.49% |
| JEFFERIES LLC | $5K | 7.75% |
| BMO HARRIS FINANCIAL ADVISORS, INC. | $5K | 7.26% |
| BARCLAYS CAPITAL, INC. | $4K | 6.24% |
| BTIG, LLC | $4K | 5.89% |
C000017162 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $6.4M | 65.62% |
| ROBERT W BAIRD & CO. INC. | $1.7M | 17.74% |
| BOFA SECURITIES, INC. | $1.6M | 16.64% |
Nomura VIP Mid Cap Growth Series Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000190647 | Standard Class | 0.85% | — |
| C000017162 | Service Class | 1.10% | — |
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.