C000021049 Fees and Costs — VIP Value Strategies Portfolio, Investor Class
Data updated: 2026-08-24
The net expense ratio is 0.66%: a 0.65% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $346K in broker commissions, 0.0387% of average net assets, and portfolio turnover was 62%.
C000021049 Fees and Expenses
Annual operating expenses and sales charges of C000021049. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.66% |
| Fee waiver | — |
| Net expense ratio | 0.66% |
| 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 |
C000021049 Costs Over Time
On $10,000 invested in C000021049, assuming 5% a year before costs, total costs come to $440 over 5 years, cutting the return by 0.73% 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 0.66%) | $69 | $217 | $377 |
| Trading costs (broker commissions) | $4 | $13 | $22 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $73 | $241 | $440 |
| Value after costs | $10,427 | $11,335 | $12,323 |
| Impact on return, per year | 0.73% | 0.73% | 0.73% |
C000021049 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): 0.0387%
- Total broker commissions: $346K
- Bought from dealers (principal trades, not a cost): $968K
- Portfolio turnover (prospectus): 62%
- Securities on loan, average value: $46.8M
- Net income from securities lending: $174K (0.019% of average net assets)
C000021049 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $62K | 23.19% |
| MORGAN STANLEY | $42K | 15.59% |
| BANK OF AMERICA CORPORATION | $35K | 13.25% |
| BANK OF MONTREAL QUE | $24K | 9.12% |
| BARCLAYS PLC | $23K | 8.67% |
| JPMORGAN CHASE and CO | $22K | 8.40% |
| UBS GROUP AG | $18K | 6.58% |
| JEFFERIES FINANCIAL GROUP INC | $17K | 6.53% |
| ROYAL BANK OF CANADA | $13K | 4.78% |
| CITIGROUP INC | $10K | 3.88% |
C000021049 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $968K | 100.00% |
VIP Value Strategies Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000021046 | Initial Class | 0.59% | — |
| C000021049 | Investor Class | 0.66% | — |
| C000021047 | Service Class | 0.69% | — |
| C000021048 | Service Class 2 | 0.84% | — |
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.