C000061775 Fees and Costs — Franklin DynaTech VIP Fund, Class 4
Data updated: 2026-08-27
The net expense ratio is 0.98%: a 0.57% management fee, a 0.35% 12b-1 fee plus 0.06% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $30K in broker commissions, 0.0169% of average net assets, and portfolio turnover was 37%.
C000061775 Fees and Expenses
Annual operating expenses and sales charges of C000061775. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.57% |
| 12b-1 fee | 0.35% |
| Other expenses | 0.06% |
| Gross expense ratio | 0.98% |
| Fee waiver | — |
| Net expense ratio | 0.98% |
| 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 |
C000061775 Costs Over Time
On $10,000 invested in C000061775, assuming 5% a year before costs, total costs come to $624 over 5 years, cutting the return by 1.05% 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 0.98%) | $103 | $321 | $557 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $105 | $343 | $624 |
| Value after costs | $10,395 | $11,233 | $12,139 |
| Impact on return, per year | 1.05% | 1.05% | 1.05% |
C000061775 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): 0.0169%
- Total broker commissions: $30K
- Bought from dealers (principal trades, not a cost): $78.4M
- Portfolio turnover (prospectus): 37%
- Securities on loan, average value: $467K
- Net income from securities lending: $9K (0.005% of average net assets)
C000061775 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $4K | 22.31% |
| Morgan Stanley & Co. LLC | $2K | 11.27% |
| UBS Securities LLC | $2K | 9.54% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $2K | 8.72% |
| Barclays Capital, Inc. | $2K | 8.67% |
| Sanford C. Bernstein & Co., LLC | $2K | 8.63% |
| ROBERT W. BAIRD & CO. INCORPORATED | $2K | 8.44% |
| Instinet, LLC | $1K | 8.30% |
| Jefferies LLC | $1K | 7.78% |
| Goldman Sachs & Co. LLC | $1K | 6.35% |
C000061775 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $77.3M | 98.48% |
| Goldman Sachs & Co. LLC | $331K | 0.42% |
| Morgan Stanley & Co. LLC | $201K | 0.26% |
| BNP Paribas Securities Corp. | $182K | 0.23% |
| Citigroup Global Markets Inc. | $138K | 0.18% |
| Jefferies LLC | $106K | 0.14% |
| Barclays Capital, Inc. | $104K | 0.13% |
| Fiduciary Trust Company International | $71K | 0.09% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $59K | 0.08% |
Franklin DynaTech VIP Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000020093 | Class 2 | 0.88% | — |
| C000061775 | Class 4 | 0.98% | — |
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.