C000017170 Fees and Costs — Nomura VIP Value Series, Service Class
Data updated: 2026-08-24
The net expense ratio is 0.98%: a 0.70% management fee, a 0.25% 12b-1 fee plus 0.09% other expenses, less a 0.06% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $60K in broker commissions, 0.0327% of average net assets, and portfolio turnover was 36%.
C000017170 Fees and Expenses
Annual operating expenses and sales charges of C000017170. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.09% |
| Gross expense ratio | 1.04% |
| Fee waiver | −0.06% |
| Net expense ratio | 0.98% |
| 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 |
C000017170 Costs Over Time
On $10,000 invested in C000017170, assuming 5% a year before costs, total costs come to $633 over 5 years, cutting the return by 1.06% 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 0.98%) | $103 | $321 | $557 |
| Trading costs (broker commissions) | $3 | $11 | $19 |
| Lost growth on money paid in costs | $0 | $16 | $58 |
| Total costs | $106 | $348 | $633 |
| Value after costs | $10,394 | $11,228 | $12,130 |
| Impact on return, per year | 1.06% | 1.06% | 1.06% |
C000017170 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): 0.0327%
- Total broker commissions: $60K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 36%
- Securities lending: none during the year
C000017170 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $11K | 24.64% |
| BOFA SECURITIES, INC. | $6K | 14.73% |
| BARCLAYS CAPITAL, INC. | $6K | 12.74% |
| J.P. Morgan Securities LLC | $5K | 10.33% |
| UBS SECURITIES LLC | $4K | 8.76% |
| TD SECURITIES (USA) LLC | $3K | 7.90% |
| GOLDMAN SACHS & CO. LLC | $2K | 5.70% |
| CitiGroup Global Markets Inc. | $2K | 5.60% |
| VIRTU AMERICAS LLC | $2K | 4.93% |
| BTIG, LLC | $2K | 4.66% |
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.