C000025041 Fees and Costs — VanEck VIP Global Resources Fund, Initial Class
Data updated: 2026-08-26
The net expense ratio is 1.08%: a 0.95% management fee plus 0.13% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $164K in broker commissions, 0.0559% of average net assets, and portfolio turnover was 43%.
C000025041 Fees and Expenses
Annual operating expenses and sales charges of C000025041. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | — |
| Other expenses | 0.13% |
| Gross expense ratio | 1.08% |
| Fee waiver | — |
| Net expense ratio | 1.08% |
| 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 |
C000025041 Costs Over Time
On $10,000 invested in C000025041, assuming 5% a year before costs, total costs come to $709 over 5 years, cutting the return by 1.19% 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 1.08%) | $113 | $353 | $612 |
| Trading costs (broker commissions) | $6 | $18 | $32 |
| Lost growth on money paid in costs | $0 | $18 | $65 |
| Total costs | $119 | $390 | $709 |
| Value after costs | $10,381 | $11,186 | $12,054 |
| Impact on return, per year | 1.19% | 1.19% | 1.19% |
C000025041 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): 0.0559%
- Total broker commissions: $164K
- Bought from dealers (principal trades, not a cost): $198.7M
- Portfolio turnover (prospectus): 43%
- Securities on loan, average value: $21.7M
- Net income from securities lending: $49K (0.017% of average net assets)
C000025041 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $19K | 16.48% |
| BNY Capital Markets, LLC | $15K | 13.03% |
| J.P. Morgan Securities LLC | $13K | 11.04% |
| Barclays Capital Inc. | $12K | 10.57% |
| Jefferies LLC | $12K | 10.48% |
| BMO Capital Markets Corp. | $12K | 10.42% |
| Goldman Sachs & Co. LLC | $11K | 9.14% |
| National Financial Services LLC | $9K | 7.91% |
| Morgan Stanley & Co. LLC | $7K | 5.88% |
| Citigroup Global Markets Inc. | $6K | 5.06% |
C000025041 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $194.1M | 97.66% |
| J.P. Morgan Securities LLC | $2.2M | 1.10% |
| Goldman Sachs & Co. LLC | $1.6M | 0.83% |
| Morgan Stanley & Co. LLC | $616K | 0.31% |
| BMO Capital Markets Corp. | $208K | 0.10% |
VanEck VIP Global Resources Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000025041 | Initial Class | 1.08% | — |
| C000025043 | Class S | 1.32% | — |
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.