C000062034 Fees and Costs — LVIP Franklin Templeton Multi-Factor SMID Cap Equity Fund, Service Class
Data updated: 2026-08-06
The net expense ratio is 0.63%: a 0.31% management fee, a 0.25% 12b-1 fee plus 0.07% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $983K in broker commissions, 0.1143% of average net assets, and portfolio turnover was 50%.
C000062034 Fees and Expenses
Annual operating expenses and sales charges of C000062034. Prospectus, as of April 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.31% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.07% |
| Gross expense ratio | 0.63% |
| Fee waiver | — |
| Net expense ratio | 0.63% |
| 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 |
C000062034 Costs Over Time
On $10,000 invested in C000062034, assuming 5% a year before costs, total costs come to $468 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 0.63%) | $66 | $207 | $360 |
| Trading costs (broker commissions) | $12 | $38 | $65 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $78 | $257 | $468 |
| Value after costs | $10,422 | $11,320 | $12,295 |
| Impact on return, per year | 0.78% | 0.78% | 0.78% |
C000062034 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): 0.1143%
- Total broker commissions: $983K
- Bought from dealers (principal trades, not a cost): $409.8M
- Portfolio turnover (prospectus): 50%
- Securities lending: none during the year
C000062034 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $295K | 29.96% |
| Morgan Stanley & Co. LLC | $173K | 17.58% |
| BNY Capital Markets, LLC | $171K | 17.40% |
| J.P. Morgan Securities LLC | $107K | 10.93% |
| Nomura Securities International, Inc. | $100K | 10.12% |
| TD Securities (USA) LLC | $67K | 6.77% |
| RBC Capital Markets, LLC | $66K | 6.70% |
| Liquidnet, Inc. | $5K | 0.47% |
| SG Americas Securities, LLC | $674 | 0.07% |
C000062034 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $409.8M | 100.00% |
LVIP Franklin Templeton Multi-Factor SMID Cap Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000062033 | Standard Class | 0.38% | — |
| C000062034 | Service Class | 0.63% | — |
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.