C000017178 Fees and Costs — DWS Bond VIP, Class A
Data updated: 2021-11-19
The net expense ratio is 0.63%: a 0.39% management fee plus 0.35% other expenses, less a 0.11% fee waiver. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $674 in broker commissions, 0.0013% of average net assets, and portfolio turnover was 160%.
C000017178 Fees and Expenses
Annual operating expenses and sales charges of C000017178. Prospectus, as of April 30, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.39% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.35% |
| Gross expense ratio | 0.74% |
| Fee waiver | −0.11% |
| Net expense ratio | 0.63% |
| 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 |
C000017178 Costs Over Time
On $10,000 invested in C000017178, assuming 5% a year before costs, total costs come to $398 over 5 years, cutting the return by 0.66% 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 0.63%) | $66 | $207 | $361 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $66 | $218 | $398 |
| Value after costs | $10,434 | $11,358 | $12,365 |
| Impact on return, per year | 0.66% | 0.66% | 0.66% |
C000017178 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0013%
- Total broker commissions: $674
- Bought from dealers (principal trades, not a cost): $231.7M
- Portfolio turnover (prospectus): 160%
- Securities on loan, average value: $502K
- Net income from securities lending: $3K (0.006% of average net assets)
C000017178 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $674 | 100.00% |
C000017178 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $75.0M | 35.76% |
| J.P. Morgan Securities LLC | $34.7M | 16.52% |
| Citigroup Global Markets Inc. | $29.8M | 14.18% |
| BofA Securities, Inc. | $21.5M | 10.22% |
| Wells Fargo Securities, LLC | $10.8M | 5.16% |
| Morgan Stanley & Co. LLC | $10.6M | 5.08% |
| Goldman Sachs & Co. LLC | $8.9M | 4.23% |
| Credit Agricole Securities (USA) Inc. | $7.3M | 3.47% |
| BNY Mellon Capital Markets, LLC | $6.7M | 3.20% |
| Pershing LLC | $4.6M | 2.18% |
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.