C000019820 Fees and Costs — Allspring VT International Equity Fund, Class 2
Data updated: 2024-05-28
The net expense ratio is 0.95%: a 0.80% management fee, a 0.25% 12b-1 fee plus 0.43% other expenses, less a 0.54% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $119K in broker commissions, 0.1981% of average net assets, and portfolio turnover was 63%.
C000019820 Fees and Expenses
Annual operating expenses and sales charges of C000019820. Prospectus, as of April 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.43% |
| Gross expense ratio | 1.49% |
| Fee waiver | −0.54% |
| Net expense ratio | 0.95% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000019820 Costs Over Time
On $10,000 invested in C000019820, assuming 5% a year before costs, total costs come to $716 over 5 years, cutting the return by 1.21% 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 0.95%) | $100 | $311 | $538 |
| Trading costs (broker commissions) | $21 | $65 | $112 |
| Lost growth on money paid in costs | $0 | $19 | $66 |
| Total costs | $121 | $394 | $716 |
| Value after costs | $10,379 | $11,182 | $12,047 |
| Impact on return, per year | 1.21% | 1.21% | 1.21% |
C000019820 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): 0.1981%
- Total broker commissions: $119K
- Bought from dealers (principal trades, not a cost): $61.9M
- Portfolio turnover (prospectus): 63%
- Securities on loan, average value: $106K
- Net income from securities lending: $234 (0.000% of average net assets)
C000019820 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $16K | 17.94% |
| Citigroup Global Markets Inc. | $13K | 15.02% |
| BofA Securities, Inc. | $11K | 12.06% |
| UBS Securities LLC | $11K | 12.04% |
| Goldman Sachs & Co. LLC | $10K | 11.18% |
| J.P. Morgan Securities LLC | $8K | 9.40% |
| HSBC Securities (USA) Inc. | $7K | 7.99% |
| Jefferies LLC | $5K | 5.30% |
| RBC Capital Markets, LLC | $4K | 4.89% |
| Barclays Capital Inc. | $4K | 4.18% |
C000019820 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $56.7M | 91.67% |
| Goldman Sachs & Co. LLC | $5.2M | 8.33% |
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.