C000017176 Fees and Costs — Nomura VIP High Income Series, Service Class
Data updated: 2026-08-24
The net expense ratio is 0.97%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $4K in broker commissions, 0.0005% of average net assets, and portfolio turnover was 42%.
C000017176 Fees and Expenses
Annual operating expenses and sales charges of C000017176. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.62% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.07% |
| Gross expense ratio | 0.97% |
| Fee waiver | — |
| Net expense ratio | 0.97% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000017176 Costs Over Time
On $10,000 invested in C000017176, assuming 5% a year before costs, total costs come to $607 over 5 years, cutting the return by 1.02% 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 0.97%) | $102 | $318 | $551 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $102 | $334 | $607 |
| Value after costs | $10,398 | $11,242 | $12,155 |
| Impact on return, per year | 1.02% | 1.02% | 1.02% |
C000017176 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): 0.0005%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $518.5M
- Portfolio turnover (prospectus): 42%
- Securities lending: none during the year
C000017176 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BTIG, LLC | $4K | 99.54% |
| JONESTRADING | $18 | 0.46% |
C000017176 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $92.3M | 20.34% |
| CitiGroup Global Markets Inc. | $81.4M | 17.93% |
| BOFA SECURITIES, INC. | $65.1M | 14.35% |
| MORGAN STANLEY & CO. LLC | $42.3M | 9.32% |
| WELLS FARGO SECURITIES, LLC | $40.4M | 8.89% |
| BARCLAYS CAPITAL, INC. | $31.7M | 6.98% |
| GOLDMAN SACHS & CO. LLC | $30.1M | 6.62% |
| DEUTSCHE BANK SECURITIES, INC. | $26.2M | 5.78% |
| JEFFERIES LLC | $23.3M | 5.14% |
| RBC CAPITAL MARKETS, LLC | $21.1M | 4.64% |
Nomura VIP High Income Series Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000190649 | Standard Class | 0.72% | — |
| C000017176 | Service Class | 0.97% | — |
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.