C000017165 Fees and Costs — Delaware VIP Real Estate Securities, Class II
Data updated: 2024-05-28
The net expense ratio is 1.21%: a 0.90% management fee, a 0.25% 12b-1 fee plus 0.23% other expenses, less a 0.17% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $9K in broker commissions, 0.0311% of average net assets, and portfolio turnover was 59%.
C000017165 Fees and Expenses
Annual operating expenses and sales charges of C000017165. Prospectus, as of December 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.23% |
| Gross expense ratio | 1.38% |
| Fee waiver | −0.17% |
| Net expense ratio | 1.21% |
| 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 |
C000017165 Costs Over Time
On $10,000 invested in C000017165, assuming 5% a year before costs, total costs come to $773 over 5 years, cutting the return by 1.30% 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 1.21%) | $127 | $395 | $684 |
| Trading costs (broker commissions) | $3 | $10 | $18 |
| Lost growth on money paid in costs | $0 | $20 | $71 |
| Total costs | $130 | $426 | $773 |
| Value after costs | $10,370 | $11,151 | $11,990 |
| Impact on return, per year | 1.30% | 1.30% | 1.30% |
C000017165 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0311%
- Total broker commissions: $9K
- Bought from dealers (principal trades, not a cost): $117K
- Portfolio turnover (prospectus): 59%
- Securities lending: none during the year
C000017165 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $1K | 18.19% |
| MORGAN STANLEY & CO. LLC | $1K | 16.92% |
| BMO CAPITAL MARKETS CORP. | $1K | 15.26% |
| CITIGROUP GLOBAL MARKETS INC. | $738 | 10.69% |
| UBS Securities LLC | $636 | 9.21% |
| BTIG, LLC | $595 | 8.62% |
| MIZUHO SECURITIES (USA) INC. | $460 | 6.66% |
| RBC CAPITAL MARKETS, LLC | $351 | 5.08% |
| BARCLAYS CAPITAL, INC. | $340 | 4.92% |
| J.P. Morgan Securities LLC | $307 | 4.45% |
C000017165 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets Inc. | $107K | 91.98% |
| J.P. Morgan Securities LLC | $9K | 8.02% |
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.