C000046807 Fees and Costs — VIP Communication Services Portfolio, Investor Class
Data updated: 2026-08-24
The net expense ratio is 0.68%: a 0.66% management fee plus 0.02% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $189K in broker commissions, 0.0613% of average net assets, and portfolio turnover was 140%.
C000046807 Fees and Expenses
Annual operating expenses and sales charges of C000046807. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.66% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.68% |
| Fee waiver | — |
| Net expense ratio | 0.68% |
| 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 |
C000046807 Costs Over Time
On $10,000 invested in C000046807, assuming 5% a year before costs, total costs come to $466 over 5 years, cutting the return by 0.78% 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 0.68%) | $71 | $223 | $388 |
| Trading costs (broker commissions) | $6 | $20 | $35 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $78 | $256 | $466 |
| Value after costs | $10,422 | $11,321 | $12,297 |
| Impact on return, per year | 0.78% | 0.78% | 0.78% |
C000046807 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): 0.0613%
- Total broker commissions: $189K
- Bought from dealers (principal trades, not a cost): $254K
- Portfolio turnover (prospectus): 140%
- Securities on loan, average value: $5.1M
- Net income from securities lending: $17K (0.005% of average net assets)
C000046807 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP INC | $29K | 19.04% |
| MORGAN STANLEY | $25K | 16.80% |
| GOLDMAN SACHS GROUP INC (THE) | $20K | 13.47% |
| JPMORGAN CHASE and CO | $18K | 11.81% |
| UBS GROUP AG | $15K | 10.19% |
| BANK OF AMERICA CORPORATION | $13K | 8.75% |
| BARCLAYS PLC | $11K | 6.96% |
| JEFFERIES FINANCIAL GROUP INC | $9K | 6.11% |
| VIRTU FINANCIAL INC | $6K | 3.95% |
| NOMURA HOLDINGS INC | $4K | 2.93% |
C000046807 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $136K | 53.69% |
| JPMORGAN CHASE and CO | $118K | 46.31% |
VIP Communication Services Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000046806 | Initial Class | 0.60% | — |
| C000046807 | Investor Class | 0.68% | — |
| FFNLX | Service Class 2 | 0.85% | — |
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.