C000020057 Fees and Costs — Growth Opportunities Portfolio, Class VC
Data updated: 2026-08-28
The net expense ratio is 1.13%: a 0.65% management fee plus 0.48% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $47K in broker commissions, 0.0604% of average net assets, and portfolio turnover was 135%.
C000020057 Fees and Expenses
Annual operating expenses and sales charges of C000020057. Prospectus, as of December 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | — |
| Other expenses | 0.48% |
| Gross expense ratio | 1.13% |
| Fee waiver | — |
| Net expense ratio | 1.13% |
| 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 |
C000020057 Costs Over Time
On $10,000 invested in C000020057, assuming 5% a year before costs, total costs come to $742 over 5 years, cutting the return by 1.25% 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 1.13%) | $119 | $369 | $639 |
| Trading costs (broker commissions) | $6 | $20 | $34 |
| Lost growth on money paid in costs | $0 | $19 | $68 |
| Total costs | $125 | $409 | $742 |
| Value after costs | $10,375 | $11,168 | $12,021 |
| Impact on return, per year | 1.25% | 1.25% | 1.25% |
C000020057 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): 0.0604%
- Total broker commissions: $47K
- Bought from dealers (principal trades, not a cost): $381.8M
- Portfolio turnover (prospectus): 135%
- Securities on loan, average value: $272K
- Net income from securities lending: $2K (0.002% of average net assets)
C000020057 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $9K | 23.96% |
| Goldman Sachs & Co. LLC | $6K | 15.15% |
| J.P. Morgan Securities LLC | $4K | 10.77% |
| Jefferies LLC | $4K | 9.68% |
| Morgan Stanley & Co. LLC | $4K | 9.58% |
| Barclays Capital Inc. | $3K | 8.37% |
| UBS Securities LLC | $3K | 8.30% |
| Citigroup Global Markets Inc. | $2K | 5.28% |
| The Williams Capital Group, L.P. | $2K | 4.80% |
| Liquidnet, Inc. | $2K | 4.11% |
C000020057 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $381.4M | 99.90% |
| Morgan Stanley & Co. LLC | $202K | 0.05% |
| Jefferies LLC | $197K | 0.05% |
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.