C000021007 Fees and Costs — VIP Contrafund Portfolio, Service Class
Data updated: 2026-08-24
The net expense ratio is 0.64%: a 0.54% management fee plus a 0.10% 12b-1 fee. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $3.7M in broker commissions, 0.0140% of average net assets, and portfolio turnover was 48%.
C000021007 Fees and Expenses
Annual operating expenses and sales charges of C000021007. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.54% |
| 12b-1 fee | 0.10% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.64% |
| Fee waiver | — |
| Net expense ratio | 0.64% |
| 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 |
C000021007 Costs Over Time
On $10,000 invested in C000021007, assuming 5% a year before costs, total costs come to $412 over 5 years, cutting the return by 0.69% 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 0.64%) | $67 | $210 | $366 |
| Trading costs (broker commissions) | $1 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $69 | $226 | $412 |
| Value after costs | $10,431 | $11,351 | $12,351 |
| Impact on return, per year | 0.69% | 0.69% | 0.69% |
C000021007 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): 0.0140%
- Total broker commissions: $3.7M
- Bought from dealers (principal trades, not a cost): $254.9M
- Portfolio turnover (prospectus): 48%
- Securities on loan, average value: $115.1M
- Net income from securities lending: $1.1M (0.004% of average net assets)
C000021007 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $512K | 17.45% |
| GOLDMAN SACHS GROUP INC (THE) | $441K | 15.01% |
| MORGAN STANLEY | $408K | 13.89% |
| BANK OF AMERICA CORPORATION | $382K | 13.02% |
| UBS GROUP AG | $261K | 8.87% |
| CITIGROUP INC | $221K | 7.52% |
| ROYAL BANK OF CANADA | $205K | 6.98% |
| BARCLAYS PLC | $190K | 6.46% |
| JEFFERIES FINANCIAL GROUP INC | $181K | 6.17% |
| BANK OF MONTREAL QUE | $136K | 4.63% |
C000021007 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $86.0M | 34.00% |
| MORGAN STANLEY | $47.1M | 18.64% |
| JPMORGAN CHASE and CO | $30.1M | 11.92% |
| ROYAL BANK OF CANADA | $22.4M | 8.86% |
| THE TORONTO DOMINION BANK | $16.8M | 6.65% |
| JEFFERIES FINANCIAL GROUP INC | $16.3M | 6.43% |
| CITIGROUP INC | $14.5M | 5.73% |
| LEERINK PARTNERS LLC | $7.1M | 2.82% |
| BANK OF AMERICA CORPORATION | $6.6M | 2.61% |
| UBS GROUP AG | $6.0M | 2.36% |
VIP Contrafund Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000021005 | Initial Class | 0.54% | — |
| C000021006 | Investor Class | 0.61% | — |
| C000021007 | Service Class | 0.64% | — |
| C000021009 | Service Class 2 | 0.79% | — |
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.