C000021093 Fees and Costs — VIP Utilities Portfolio, Initial Class
Data updated: 2026-08-24
The net expense ratio is 0.60%: a 0.58% management fee plus 0.02% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $167K in broker commissions, 0.0517% of average net assets, and portfolio turnover was 99%.
C000021093 Fees and Expenses
Annual operating expenses and sales charges of C000021093. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.58% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.60% |
| Fee waiver | — |
| Net expense ratio | 0.60% |
| 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 |
C000021093 Costs Over Time
On $10,000 invested in C000021093, assuming 5% a year before costs, total costs come to $410 over 5 years, cutting the return by 0.68% 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 0.60%) | $63 | $197 | $343 |
| Trading costs (broker commissions) | $5 | $17 | $30 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $68 | $225 | $410 |
| Value after costs | $10,432 | $11,351 | $12,352 |
| Impact on return, per year | 0.68% | 0.68% | 0.68% |
C000021093 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): 0.0517%
- Total broker commissions: $167K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 99%
- Securities on loan, average value: $1.2M
- Net income from securities lending: $1K (0.000% of average net assets)
C000021093 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| ROYAL BANK OF CANADA | $23K | 18.46% |
| CITIGROUP INC | $15K | 12.39% |
| GOLDMAN SACHS GROUP INC (THE) | $14K | 11.33% |
| BANK OF AMERICA CORPORATION | $13K | 10.78% |
| MORGAN STANLEY | $13K | 10.69% |
| BARCLAYS PLC | $11K | 8.87% |
| JPMORGAN CHASE and CO | $11K | 8.80% |
| JEFFERIES FINANCIAL GROUP INC | $10K | 7.92% |
| UBS GROUP AG | $8K | 6.39% |
| VIRTU FINANCIAL INC | $5K | 4.36% |
VIP Utilities Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000021093 | Initial Class | 0.60% | — |
| C000021094 | Investor Class | 0.68% | — |
| FFNJX | 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.