C000087816 Fees and Costs — Columbia Variable Portfolio - U.S. Equities Fund, Class 1
Data updated: 2020-05-28
The net expense ratio is 0.86%: a 0.84% management fee plus 0.02% other expenses. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $1.6M in broker commissions, 0.2372% of average net assets, and portfolio turnover was 80%.
C000087816 Fees and Expenses
Annual operating expenses and sales charges of C000087816. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.84% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.86% |
| Fee waiver | — |
| Net expense ratio | 0.86% |
| 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 |
C000087816 Costs Over Time
On $10,000 invested in C000087816, assuming 5% a year before costs, total costs come to $685 over 5 years, cutting the return by 1.15% 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 0.86%) | $90 | $281 | $488 |
| Trading costs (broker commissions) | $25 | $78 | $134 |
| Lost growth on money paid in costs | $0 | $18 | $63 |
| Total costs | $115 | $377 | $685 |
| Value after costs | $10,385 | $11,199 | $12,078 |
| Impact on return, per year | 1.15% | 1.15% | 1.15% |
C000087816 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): 0.2372%
- Total broker commissions: $1.6M
- Bought from dealers (principal trades, not a cost): $11.8M
- Portfolio turnover (prospectus): 80%
- Securities lending: none during the year
C000087816 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets | $418K | 32.67% |
| Goldman Sachs | $180K | 14.09% |
| JPMorgan | $144K | 11.23% |
| Liquidnet Inc | $133K | 10.39% |
| Credit Suisse | $130K | 10.12% |
| Jeffries | $87K | 6.82% |
| Wells Fargo Securities LLC | $64K | 4.99% |
| Virtu Financial Capital Markets LLC | $44K | 3.46% |
| Keefe Bruyette & Woods Inc | $42K | 3.29% |
| Citi | $38K | 2.94% |
C000087816 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs | $4.9M | 41.72% |
| JPMorgan | $3.2M | 27.23% |
| Jeffries | $1.6M | 13.67% |
| Barclays | $795K | 6.76% |
| BMO Capital Markets Corp. | $488K | 4.15% |
| Citi | $306K | 2.60% |
| Leerink Partners LLC | $295K | 2.51% |
| Morgan Stanley | $160K | 1.36% |
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.