C000061795 Fees and Costs — Franklin Allocation VIP Fund, Class 4
Data updated: 2026-08-27
The net expense ratio is 0.92%: a 0.55% management fee, a 0.35% 12b-1 fee plus 0.06% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $126K in broker commissions, 0.0229% of average net assets, and portfolio turnover was 42%.
C000061795 Fees and Expenses
Annual operating expenses and sales charges of C000061795. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.35% |
| Other expenses | 0.06% |
| Gross expense ratio | 0.97% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.92% |
| 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 |
C000061795 Costs Over Time
On $10,000 invested in C000061795, assuming 5% a year before costs, total costs come to $590 over 5 years, cutting the return by 0.99% 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 0.92%) | $97 | $302 | $523 |
| Trading costs (broker commissions) | $2 | $8 | $13 |
| Lost growth on money paid in costs | $0 | $15 | $54 |
| Total costs | $99 | $324 | $590 |
| Value after costs | $10,401 | $11,252 | $12,172 |
| Impact on return, per year | 0.99% | 0.99% | 0.99% |
C000061795 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): 0.0229%
- Total broker commissions: $126K
- Bought from dealers (principal trades, not a cost): $392.8M
- Portfolio turnover (prospectus): 42%
- Securities lending: none during the year
C000061795 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $20K | 19.40% |
| Citigroup Global Markets Inc. | $17K | 15.68% |
| Morgan Stanley & Co. LLC | $16K | 15.50% |
| UBS Securities LLC | $15K | 14.18% |
| RBC Capital Markets, LLC | $9K | 8.94% |
| Goldman Sachs & Co. LLC | $9K | 8.89% |
| Sanford C. Bernstein & Co., LLC | $7K | 7.08% |
| Barclays Capital, Inc. | $4K | 3.57% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $4K | 3.43% |
| Liquidnet, Inc. | $4K | 3.34% |
C000061795 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $237.0M | 67.97% |
| Barclays Capital, Inc. | $20.0M | 5.72% |
| Morgan Stanley & Co. LLC | $17.3M | 4.96% |
| BofA Securities, Inc. | $14.9M | 4.26% |
| Citigroup Global Markets Inc. | $12.5M | 3.58% |
| Goldman Sachs & Co. LLC | $12.3M | 3.52% |
| HSBC Securities (USA) Inc. | $11.8M | 3.38% |
| Wells Fargo Securities, LLC | $8.3M | 2.37% |
| Jane Street Execution Services, LLC | $7.6M | 2.19% |
| Bank of Montreal | $7.2M | 2.05% |
Franklin Allocation 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 |
|---|---|---|---|
| C000047853 | Class 1 | 0.57% | — |
| C000047854 | Class 2 | 0.82% | — |
| C000061795 | Class 4 | 0.92% | — |
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.