C000028201 Fees and Costs — Pioneer Bond VCT Portfolio, : Class II
Data updated: 2025-03-14
The net expense ratio is 0.89%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $7K in broker commissions, 0.0053% of average net assets, and portfolio turnover was 26%.
C000028201 Fees and Expenses
Annual operating expenses and sales charges of C000028201. Prospectus, as of April 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.19% |
| Gross expense ratio | 0.89% |
| Fee waiver | — |
| Net expense ratio | 0.89% |
| 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 |
C000028201 Costs Over Time
On $10,000 invested in C000028201, assuming 5% a year before costs, total costs come to $561 over 5 years, cutting the return by 0.94% 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 0.89%) | $93 | $292 | $507 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $15 | $51 |
| Total costs | $94 | $308 | $561 |
| Value after costs | $10,406 | $11,268 | $12,202 |
| Impact on return, per year | 0.94% | 0.94% | 0.94% |
C000028201 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): 0.0053%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): $893.4M
- Portfolio turnover (prospectus): 26%
- Securities lending: none during the year
C000028201 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets Inc. | $7K | 100.00% |
C000028201 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $147.5M | 17.56% |
| J.P. Morgan Securities LLC | $115.2M | 13.72% |
| Goldman Sachs & Co. LLC | $114.9M | 13.68% |
| BARCLAYS CAPITAL, INC. | $110.3M | 13.13% |
| CitiGroup Global Markets Inc. | $80.9M | 9.63% |
| BNP PARIBAS SECURITIES CORP. | $73.6M | 8.76% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $57.7M | 6.87% |
| BMO CAPITAL MARKETS CORP. | $51.4M | 6.11% |
| Mizuho Securities USA LLC | $46.2M | 5.50% |
| WELLS FARGO SECURITIES, LLC | $42.4M | 5.05% |
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.