C000048818 Fees and Costs — VIP Investment Grade Bond Portfolio, Investor Class
Data updated: 2026-08-24
The net expense ratio is 0.41%: a 0.40% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $20K in broker commissions, 0.0004% of average net assets, and portfolio turnover was 172%.
C000048818 Fees and Expenses
Annual operating expenses and sales charges of C000048818. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.41% |
| Fee waiver | — |
| Net expense ratio | 0.41% |
| 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 |
C000048818 Costs Over Time
On $10,000 invested in C000048818, assuming 5% a year before costs, total costs come to $260 over 5 years, cutting the return by 0.43% 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 0.41%) | $43 | $135 | $236 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $7 | $24 |
| Total costs | $43 | $142 | $260 |
| Value after costs | $10,457 | $11,434 | $12,503 |
| Impact on return, per year | 0.43% | 0.43% | 0.43% |
C000048818 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): 0.0004%
- Total broker commissions: $20K
- Bought from dealers (principal trades, not a cost): $16.6B
- Portfolio turnover (prospectus): 172%
- Securities on loan, average value: $0
- Net income from securities lending: $17K (0.000% of average net assets)
C000048818 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $19K | 92.97% |
| JPMORGAN CHASE and CO | $1K | 5.95% |
| GOLDMAN SACHS GROUP INC (THE) | $221 | 1.08% |
C000048818 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $3.5B | 21.88% |
| MORGAN STANLEY | $2.8B | 17.53% |
| BARCLAYS PLC | $2.3B | 14.37% |
| CITIGROUP INC | $2.1B | 13.20% |
| JPMORGAN CHASE and CO | $2.0B | 12.37% |
| BANK OF AMERICA CORPORATION | $1.3B | 8.30% |
| WELLS FARGO and CO | $985.0M | 6.12% |
| MIZUHO FINANCIAL GROUP INC | $535.2M | 3.33% |
| BNP PARIBAS | $240.8M | 1.50% |
| CITADEL SECURITIES GLOBAL HOLDINGS LLC | $226.2M | 1.41% |
VIP Investment Grade Bond Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000048817 | Initial Class | 0.37% | — |
| C000048818 | Investor Class | 0.41% | — |
| C000048819 | Service Class | 0.47% | — |
| C000048820 | Service Class 2 | 0.62% | — |
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.