C000020995 Fees and Costs — VIP Value Portfolio, Service Class
Data updated: 2026-08-24
The net expense ratio is 0.70%: a 0.58% management fee, a 0.10% 12b-1 fee plus 0.02% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $131K in broker commissions, 0.0231% of average net assets, and portfolio turnover was 52%.
C000020995 Fees and Expenses
Annual operating expenses and sales charges of C000020995. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.58% |
| 12b-1 fee | 0.10% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.70% |
| Fee waiver | — |
| Net expense ratio | 0.70% |
| 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 |
C000020995 Costs Over Time
On $10,000 invested in C000020995, assuming 5% a year before costs, total costs come to $455 over 5 years, cutting the return by 0.76% 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 0.70%) | $74 | $230 | $400 |
| Trading costs (broker commissions) | $2 | $8 | $13 |
| Lost growth on money paid in costs | $0 | $12 | $42 |
| Total costs | $76 | $249 | $455 |
| Value after costs | $10,424 | $11,327 | $12,308 |
| Impact on return, per year | 0.76% | 0.76% | 0.76% |
C000020995 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): 0.0231%
- Total broker commissions: $131K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 52%
- Securities on loan, average value: $19.1M
- Net income from securities lending: $25K (0.004% of average net assets)
C000020995 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $18K | 17.93% |
| MORGAN STANLEY | $16K | 15.63% |
| BANK OF AMERICA CORPORATION | $16K | 15.51% |
| UBS GROUP AG | $12K | 12.03% |
| BARCLAYS PLC | $9K | 8.35% |
| JEFFERIES FINANCIAL GROUP INC | $8K | 7.44% |
| ROYAL BANK OF CANADA | $8K | 7.34% |
| CITIGROUP INC | $6K | 6.24% |
| JPMORGAN CHASE and CO | $5K | 4.94% |
| VIRTU FINANCIAL INC | $5K | 4.59% |
VIP Value Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000020993 | Initial Class | 0.60% | — |
| C000020994 | Investor Class | 0.68% | — |
| C000020995 | Service Class | 0.70% | — |
| C000020996 | Service Class 2 | 0.85% | — |
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.