C000028184 Fees and Costs — Pioneer Real Estate Shares VCT Portfolio, : Class I
Data updated: 2023-10-25
The net expense ratio is 1.35%: a 0.80% management fee plus 0.55% other expenses. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $37K in broker commissions, 0.1739% of average net assets, and portfolio turnover was 106%.
C000028184 Fees and Expenses
Annual operating expenses and sales charges of C000028184. Prospectus, as of April 30, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.55% |
| Gross expense ratio | 1.35% |
| Fee waiver | — |
| Net expense ratio | 1.35% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000028184 Costs Over Time
On $10,000 invested in C000028184, assuming 5% a year before costs, total costs come to $943 over 5 years, cutting the return by 1.60% 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 1.35%) | $142 | $440 | $759 |
| Trading costs (broker commissions) | $18 | $57 | $98 |
| Lost growth on money paid in costs | $0 | $25 | $87 |
| Total costs | $160 | $521 | $943 |
| Value after costs | $10,340 | $11,055 | $11,820 |
| Impact on return, per year | 1.60% | 1.60% | 1.60% |
C000028184 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.1739%
- Total broker commissions: $37K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 106%
- Securities lending: none during the year
C000028184 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Robert W. Baird & Co. Incorporated | $6K | 18.39% |
| EVERCORE GROUP L.L.C. | $5K | 16.25% |
| INSTINET, LLC | $5K | 15.89% |
| CAPITAL INSTITUTIONAL SERVICES, INC | $4K | 12.74% |
| PIPER SANDLER & CO. | $3K | 9.18% |
| PERSHING LLC | $2K | 7.44% |
| MKM PARTNERS LLC | $2K | 6.78% |
| TD SECURITIES (USA) LLC | $1K | 4.69% |
| WELLS FARGO SECURITIES, LLC | $1K | 4.53% |
| NATIONAL FINANCIAL SERVICES LLC | $1K | 4.10% |
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.