C000017231 Fees and Costs — DWS Small Mid Cap Value VIP, Class A
Data updated: 2026-08-27
The net expense ratio is 0.80%: a 0.65% management fee plus 0.22% other expenses, less a 0.07% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $107K in broker commissions, 0.1360% of average net assets, and portfolio turnover was 53%.
C000017231 Fees and Expenses
Annual operating expenses and sales charges of C000017231. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.22% |
| Gross expense ratio | 0.87% |
| Fee waiver | −0.07% |
| Net expense ratio | 0.80% |
| 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 |
C000017231 Costs Over Time
On $10,000 invested in C000017231, assuming 5% a year before costs, total costs come to $586 over 5 years, cutting the return by 0.98% 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 0.80%) | $84 | $262 | $455 |
| Trading costs (broker commissions) | $14 | $45 | $77 |
| Lost growth on money paid in costs | $0 | $15 | $54 |
| Total costs | $98 | $322 | $586 |
| Value after costs | $10,402 | $11,254 | $12,177 |
| Impact on return, per year | 0.98% | 0.98% | 0.98% |
C000017231 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): 0.1360%
- Total broker commissions: $107K
- Bought from dealers (principal trades, not a cost): $19.1M
- Portfolio turnover (prospectus): 53%
- Securities on loan, average value: $2.6M
- Net income from securities lending: $17K (0.021% of average net assets)
C000017231 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $44K | 41.06% |
| J.P. Morgan Securities LLC | $29K | 27.16% |
| BofA Securities, Inc. | $13K | 12.34% |
| RBC Capital Markets, LLC | $8K | 7.83% |
| Citigroup Global Markets Inc. | $4K | 4.07% |
| UBS Securities LLC | $4K | 3.98% |
| Morgan Stanley & Co. LLC | $4K | 3.57% |
C000017231 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $19.1M | 100.00% |
DWS Small Mid Cap Value VIP Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000017231 | Class A | 0.80% | — |
| C000017232 | Class B | 1.17% | — |
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.