C000017173 Fees and Costs — Delaware VIP Global Equity, Class II
Data updated: 2024-05-28
The net expense ratio is 1.04%: a 0.70% management fee, a 0.25% 12b-1 fee plus 0.12% other expenses, less a 0.03% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $80K in broker commissions, 0.0614% of average net assets, and portfolio turnover was 47%.
C000017173 Fees and Expenses
Annual operating expenses and sales charges of C000017173. Prospectus, as of December 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.12% |
| Gross expense ratio | 1.07% |
| Fee waiver | −0.03% |
| Net expense ratio | 1.04% |
| 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 |
C000017173 Costs Over Time
On $10,000 invested in C000017173, assuming 5% a year before costs, total costs come to $688 over 5 years, cutting the return by 1.16% 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 1.04%) | $109 | $340 | $590 |
| Trading costs (broker commissions) | $6 | $20 | $35 |
| Lost growth on money paid in costs | $0 | $18 | $63 |
| Total costs | $116 | $378 | $688 |
| Value after costs | $10,384 | $11,198 | $12,075 |
| Impact on return, per year | 1.16% | 1.16% | 1.16% |
C000017173 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): 0.0614%
- Total broker commissions: $80K
- Bought from dealers (principal trades, not a cost): $9
- Portfolio turnover (prospectus): 47%
- Securities on loan, average value: $5.5M
- Net income from securities lending: $5K (0.004% of average net assets)
C000017173 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP GLOBAL MARKETS INC. | $21K | 29.22% |
| MORGAN STANLEY & CO. LLC | $9K | 12.67% |
| J.P. Morgan Securities LLC | $8K | 10.76% |
| BARCLAYS CAPITAL, INC. | $7K | 9.85% |
| GOLDMAN SACHS & CO. LLC | $7K | 9.16% |
| BOFA SECURITIES, INC. | $7K | 9.09% |
| RBC CAPITAL MARKETS, LLC | $6K | 7.75% |
| BNP Paribas Securities Corp. | $3K | 4.71% |
| EXANE, INC. | $3K | 3.69% |
| UBS Securities LLC | $2K | 3.10% |
C000017173 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets Inc. | $9 | 100.00% |
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.