C000017174 Fees and Costs — Nomura VIP Natural Resources Series, Service Class
Data updated: 2026-08-24
The net expense ratio is 1.12%: a 0.85% management fee, a 0.25% 12b-1 fee plus 0.18% other expenses, less a 0.17% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $67K in broker commissions, 0.0860% of average net assets, and portfolio turnover was 47%.
C000017174 Fees and Expenses
Annual operating expenses and sales charges of C000017174. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.18% |
| Gross expense ratio | 1.29% |
| Fee waiver | −0.17% |
| Net expense ratio | 1.12% |
| 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 |
C000017174 Costs Over Time
On $10,000 invested in C000017174, assuming 5% a year before costs, total costs come to $751 over 5 years, cutting the return by 1.27% 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 1.12%) | $118 | $366 | $634 |
| Trading costs (broker commissions) | $9 | $28 | $49 |
| Lost growth on money paid in costs | $0 | $20 | $69 |
| Total costs | $127 | $414 | $751 |
| Value after costs | $10,373 | $11,162 | $12,012 |
| Impact on return, per year | 1.27% | 1.27% | 1.27% |
C000017174 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): 0.0860%
- Total broker commissions: $67K
- Bought from dealers (principal trades, not a cost): $981K
- Portfolio turnover (prospectus): 47%
- Securities lending: none during the year
C000017174 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $6K | 14.03% |
| MORGAN STANLEY & CO. LLC | $6K | 13.41% |
| GOLDMAN SACHS & CO. LLC | $6K | 12.87% |
| J.P. Morgan Securities LLC | $5K | 12.13% |
| CitiGroup Global Markets Inc. | $4K | 9.53% |
| MKM PARTNERS LLC | $4K | 8.08% |
| RBC CAPITAL MARKETS, LLC | $4K | 7.88% |
| JEFFERIES LLC | $3K | 7.65% |
| VIRTU AMERICAS LLC | $3K | 7.57% |
| JONESTRADING | $3K | 6.86% |
C000017174 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $981K | 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.