C000020930 Fees and Costs — LargeCap Growth Account I, Class 1
Data updated: 2026-08-25
The net expense ratio is 0.67%: a 0.68% management fee plus 0.01% other expenses, less a 0.02% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $93K in broker commissions, 0.0151% of average net assets, and portfolio turnover was 51%.
C000020930 Fees and Expenses
Annual operating expenses and sales charges of C000020930. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.68% |
| 12b-1 fee | — |
| Other expenses | 0.01% |
| Gross expense ratio | 0.69% |
| Fee waiver | −0.02% |
| Net expense ratio | 0.67% |
| 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 |
C000020930 Costs Over Time
On $10,000 invested in C000020930, assuming 5% a year before costs, total costs come to $431 over 5 years, cutting the return by 0.72% 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 0.67%) | $70 | $220 | $383 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $11 | $39 |
| Total costs | $72 | $236 | $431 |
| Value after costs | $10,428 | $11,340 | $12,332 |
| Impact on return, per year | 0.72% | 0.72% | 0.72% |
C000020930 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): 0.0151%
- Total broker commissions: $93K
- Bought from dealers (principal trades, not a cost): $1.6M
- Portfolio turnover (prospectus): 51%
- Securities on loan, average value: $39K
- Net income from securities lending: $617 (0.000% of average net assets)
C000020930 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $21K | 26.79% |
| STIFEL NICOLAUS & COMPANY | $15K | 19.69% |
| MORGAN STANLEY & CO. LLC. | $13K | 17.04% |
| EVERCORE INC | $6K | 7.23% |
| BARCLAYS CAPITAL INC. | $6K | 7.20% |
| CITIGROUP GLOBAL MARKETS | $4K | 5.85% |
| BANK OF AMERICA | $4K | 5.32% |
| JEFFERIES & COMPANY | $3K | 4.50% |
| GOLDMAN SACHS CO. | $3K | 3.46% |
| SANFORD C. BERNSTEIN & CO. | $2K | 2.93% |
C000020930 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $1.5M | 94.52% |
| CIBC WORLD MARKETS CORP | $50K | 3.23% |
| BANK OF AMERICA | $17K | 1.10% |
| BARCLAYS CAPITAL INC. | $11K | 0.73% |
| GOLDMAN SACHS CO. | $6K | 0.41% |
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.