C000020966 Fees and Costs — VIP Equity-Income Portfolio, Initial Class
Data updated: 2026-08-24
The net expense ratio is 0.46%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $386K in broker commissions, 0.0060% of average net assets, and portfolio turnover was 15%.
C000020966 Fees and Expenses
Annual operating expenses and sales charges of C000020966. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.46% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.46% |
| Fee waiver | — |
| Net expense ratio | 0.46% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000020966 Costs Over Time
On $10,000 invested in C000020966, assuming 5% a year before costs, total costs come to $295 over 5 years, cutting the return by 0.49% 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 0.46%) | $48 | $152 | $264 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $8 | $27 |
| Total costs | $49 | $161 | $295 |
| Value after costs | $10,451 | $11,415 | $12,468 |
| Impact on return, per year | 0.49% | 0.49% | 0.49% |
C000020966 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): 0.0060%
- Total broker commissions: $386K
- Bought from dealers (principal trades, not a cost): $56.3M
- Portfolio turnover (prospectus): 15%
- Securities on loan, average value: $17.1M
- Net income from securities lending: $87K (0.001% of average net assets)
C000020966 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BANK OF AMERICA CORPORATION | $64K | 19.63% |
| GOLDMAN SACHS GROUP INC (THE) | $51K | 15.69% |
| JPMORGAN CHASE and CO | $38K | 11.60% |
| MORGAN STANLEY | $34K | 10.46% |
| CITIGROUP INC | $31K | 9.64% |
| THE TORONTO DOMINION BANK | $28K | 8.58% |
| UBS GROUP AG | $22K | 6.94% |
| BNP PARIBAS | $21K | 6.56% |
| JEFFERIES FINANCIAL GROUP INC | $21K | 6.40% |
| TP ICAP GROUP PLC | $15K | 4.50% |
C000020966 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| THE TORONTO DOMINION BANK | $56.3M | 100.00% |
VIP Equity-Income Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000020966 | Initial Class | 0.46% | — |
| C000020967 | Investor Class | 0.53% | — |
| C000020968 | Service Class | 0.56% | — |
| C000020970 | Service Class 2 | 0.71% | — |
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.