C000028217 Fees and Costs — Pioneer High Yield VCT Portfolio, : Class I
Data updated: 2025-03-14
The net expense ratio is 0.95% (1.35% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 44%.
C000028217 Fees and Expenses
Annual operating expenses and sales charges of C000028217. Prospectus, as of April 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.65% |
| Gross expense ratio | 1.35% |
| Fee waiver | −0.40% |
| Net expense ratio | 0.95% |
| 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 |
C000028217 Costs Over Time
On $10,000 invested in C000028217, assuming 5% a year before costs, total costs come to $595 over 5 years, cutting the return by 1.00% 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 0.95%) | $100 | $311 | $540 |
| Lost growth on money paid in costs | $0 | $15 | $55 |
| Total costs | $100 | $327 | $595 |
| Value after costs | $10,400 | $11,249 | $12,168 |
| Impact on return, per year | 1.00% | 1.00% | 1.00% |
C000028217 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $26.9M
- Portfolio turnover (prospectus): 44%
- Securities lending: none during the year
C000028217 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $5.2M | 23.73% |
| Goldman Sachs & Co. LLC | $3.4M | 15.58% |
| CitiGroup Global Markets Inc. | $2.3M | 10.37% |
| MORGAN STANLEY & CO. LLC | $2.0M | 9.15% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $1.8M | 8.36% |
| JEFFERIES LLC | $1.6M | 7.40% |
| BARCLAYS CAPITAL, INC. | $1.6M | 7.27% |
| WELLS FARGO SECURITIES, LLC | $1.3M | 6.06% |
| DEUTSCHE BANK SECURITIES, INC. | $1.3M | 6.04% |
| BMO CAPITAL MARKETS CORP. | $1.3M | 6.04% |
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.