C000021075 Fees and Costs — VIP Industrials Portfolio, Investor Class
Data updated: 2026-08-24
The net expense ratio is 0.68%: a 0.66% management fee plus 0.02% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $20K in broker commissions, 0.0069% of average net assets, and portfolio turnover was 45%.
C000021075 Fees and Expenses
Annual operating expenses and sales charges of C000021075. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.66% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.68% |
| Fee waiver | — |
| Net expense ratio | 0.68% |
| 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 |
C000021075 Costs Over Time
On $10,000 invested in C000021075, assuming 5% a year before costs, total costs come to $432 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 0.68%) | $71 | $223 | $389 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $72 | $237 | $432 |
| Value after costs | $10,428 | $11,339 | $12,330 |
| Impact on return, per year | 0.72% | 0.72% | 0.72% |
C000021075 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): 0.0069%
- Total broker commissions: $20K
- Bought from dealers (principal trades, not a cost): $742K
- Portfolio turnover (prospectus): 45%
- Securities on loan, average value: $2.4M
- Net income from securities lending: $2K (0.001% of average net assets)
C000021075 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $3K | 16.93% |
| JPMORGAN CHASE and CO | $2K | 15.33% |
| MORGAN STANLEY | $2K | 14.61% |
| BANK OF AMERICA CORPORATION | $2K | 11.86% |
| JEFFERIES FINANCIAL GROUP INC | $1K | 8.32% |
| VIRTU FINANCIAL INC | $1K | 7.11% |
| CITIGROUP INC | $1K | 6.74% |
| BARCLAYS PLC | $1K | 6.65% |
| UBS GROUP AG | $993 | 6.41% |
| NOMURA HOLDINGS INC | $935 | 6.03% |
C000021075 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $684K | 92.21% |
| MORGAN STANLEY | $58K | 7.79% |
VIP Industrials Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000021074 | Initial Class | 0.60% | — |
| C000021075 | Investor Class | 0.68% | — |
| FFNHX | 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.