C000084658 Fees and Costs — Invesco V.I. Mid Cap Growth Fund
Data updated: 2020-06-01
The net expense ratio is 1.25%: a 0.75% management fee, a 0.25% 12b-1 fee plus 0.25% other expenses. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $134K in broker commissions, 0.0610% of average net assets, and portfolio turnover was 57%.
C000084658 Fees and Expenses
Annual operating expenses and sales charges of C000084658. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.25% |
| Gross expense ratio | 1.25% |
| Fee waiver | — |
| Net expense ratio | 1.25% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000084658 Costs Over Time
On $10,000 invested in C000084658, assuming 5% a year before costs, total costs come to $815 over 5 years, cutting the return by 1.38% 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 1.25%) | $131 | $408 | $706 |
| Trading costs (broker commissions) | $6 | $20 | $34 |
| Lost growth on money paid in costs | $0 | $21 | $75 |
| Total costs | $138 | $449 | $815 |
| Value after costs | $10,362 | $11,127 | $11,948 |
| Impact on return, per year | 1.38% | 1.38% | 1.38% |
C000084658 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0610%
- Total broker commissions: $134K
- Bought from dealers (principal trades, not a cost): $9.1M
- Portfolio turnover (prospectus): 57%
- Securities on loan, average value: $461K
- Net income from securities lending: $13K (0.006% of average net assets)
C000084658 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JEFFERIES LLC | $31K | 34.46% |
| LIQUIDNET, INC. | $10K | 11.58% |
| GOLDMAN, SACHS & CO. | $9K | 9.57% |
| ITG INC. | $8K | 8.45% |
| KEYBANC CAPITAL MARKETS INC. | $7K | 8.21% |
| J.P. MORGAN SECURITIES LLC | $6K | 7.12% |
| RBC CAPITAL MARKETS, LLC | $5K | 5.45% |
| COWEN AND COMPANY | $5K | 5.21% |
| EVERCORE GROUP L.L.C. | $5K | 5.10% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $4K | 4.83% |
C000084658 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BROWN BROTHERS HARRIMAN INVESTMENTS, LLC | $8.4M | 92.47% |
| BOFA SECURITIES, INC. | $549K | 6.06% |
| MORGAN STANLEY & CO. LLC | $133K | 1.47% |
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.