C000028191 Fees and Costs — Pioneer Strategic Income VCT Portfolio, : Class II
Data updated: 2025-03-14
The net expense ratio is 1.06% (1.56% before fee waivers). There are no sales loads or redemption fees. In fiscal 2024 the fund paid $2K in broker commissions, 0.0066% of average net assets, and portfolio turnover was 53%.
C000028191 Fees and Expenses
Annual operating expenses and sales charges of C000028191. Prospectus, as of April 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.60% |
| Gross expense ratio | 1.56% |
| Fee waiver | −0.50% |
| Net expense ratio | 1.06% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000028191 Costs Over Time
On $10,000 invested in C000028191, assuming 5% a year before costs, total costs come to $666 over 5 years, cutting the return by 1.12% 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 1.06%) | $111 | $347 | $601 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $17 | $61 |
| Total costs | $112 | $366 | $666 |
| Value after costs | $10,388 | $11,210 | $12,097 |
| Impact on return, per year | 1.12% | 1.12% | 1.12% |
C000028191 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0066%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $182.6M
- Portfolio turnover (prospectus): 53%
- Securities lending: none during the year
C000028191 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets Inc. | $2K | 100.00% |
C000028191 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $31.6M | 18.66% |
| J.P. Morgan Securities LLC | $25.2M | 14.88% |
| Goldman Sachs & Co. LLC | $20.9M | 12.30% |
| CitiGroup Global Markets Inc. | $19.6M | 11.56% |
| BARCLAYS CAPITAL, INC. | $19.0M | 11.21% |
| BNP PARIBAS SECURITIES CORP. | $17.8M | 10.47% |
| BMO CAPITAL MARKETS CORP. | $10.8M | 6.36% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $9.5M | 5.59% |
| Mizuho Securities USA LLC | $7.6M | 4.50% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $7.6M | 4.46% |
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.