C000021099 Fees and Costs — VIP Financials 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 $77K in broker commissions, 0.0245% of average net assets, and portfolio turnover was 46%.
C000021099 Fees and Expenses
Annual operating expenses and sales charges of C000021099. 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 |
C000021099 Costs Over Time
On $10,000 invested in C000021099, assuming 5% a year before costs, total costs come to $394 over 5 years, cutting the return by 0.66% 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 | $344 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $66 | $216 | $394 |
| Value after costs | $10,434 | $11,361 | $12,369 |
| Impact on return, per year | 0.66% | 0.66% | 0.66% |
C000021099 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): 0.0245%
- Total broker commissions: $77K
- Bought from dealers (principal trades, not a cost): $10.6M
- Portfolio turnover (prospectus): 46%
- Securities on loan, average value: $8.2M
- Net income from securities lending: $37K (0.012% of average net assets)
C000021099 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $14K | 21.44% |
| JPMORGAN CHASE and CO | $12K | 18.99% |
| BANK OF AMERICA CORPORATION | $8K | 12.37% |
| MORGAN STANLEY | $7K | 10.35% |
| UBS GROUP AG | $6K | 10.15% |
| CITIGROUP INC | $4K | 6.46% |
| BARCLAYS PLC | $4K | 6.13% |
| JEFFERIES FINANCIAL GROUP INC | $4K | 5.96% |
| MACQUARIE GROUP LTD | $3K | 4.71% |
| VIRTU FINANCIAL INC | $2K | 3.44% |
C000021099 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| THE TORONTO DOMINION BANK | $6.0M | 56.90% |
| JPMORGAN CHASE and CO | $3.4M | 31.66% |
| MORGAN STANLEY | $1.2M | 10.88% |
| GOLDMAN SACHS GROUP INC (THE) | $31K | 0.29% |
| CITIGROUP INC | $16K | 0.15% |
| JEFFERIES FINANCIAL GROUP INC | $12K | 0.12% |
VIP Financials Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000021099 | Initial Class | 0.60% | — |
| C000021100 | Investor Class | 0.68% | — |
| C000243079 | 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.