C000020054 Fees and Costs — Dividend Growth Portfolio, Class VC
Data updated: 2026-08-28
The net expense ratio is 0.99%: a 0.55% management fee plus 0.44% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $20K in broker commissions, 0.0109% of average net assets, and portfolio turnover was 32%.
C000020054 Fees and Expenses
Annual operating expenses and sales charges of C000020054. Prospectus, as of December 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | — |
| Other expenses | 0.44% |
| Gross expense ratio | 0.99% |
| Fee waiver | — |
| Net expense ratio | 0.99% |
| 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 |
C000020054 Costs Over Time
On $10,000 invested in C000020054, assuming 5% a year before costs, total costs come to $626 over 5 years, cutting the return by 1.05% 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 0.99%) | $104 | $324 | $562 |
| Trading costs (broker commissions) | $1 | $4 | $6 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $105 | $344 | $626 |
| Value after costs | $10,395 | $11,232 | $12,137 |
| Impact on return, per year | 1.05% | 1.05% | 1.05% |
C000020054 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): 0.0109%
- Total broker commissions: $20K
- Bought from dealers (principal trades, not a cost): $572.8M
- Portfolio turnover (prospectus): 32%
- Securities on loan, average value: $203K
- Net income from securities lending: $725 (0.000% of average net assets)
C000020054 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $4K | 19.37% |
| BofA Securities, Inc. | $3K | 16.61% |
| J.P. Morgan Securities LLC | $3K | 15.21% |
| Goldman Sachs & Co. LLC | $2K | 12.25% |
| Morgan Stanley & Co. LLC | $2K | 11.40% |
| Citigroup Global Markets Inc. | $2K | 10.20% |
| Raymond James & Associates, Inc. | $869 | 4.59% |
| RBC Capital Markets, LLC | $790 | 4.17% |
| Barclays Capital Inc. | $630 | 3.33% |
| Evercore Group L.L.C. | $543 | 2.87% |
C000020054 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $572.8M | 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.