C000088781 Fees and Costs — Variable Portfolio - Partners Small Cap Value Fund, Class 1
Data updated: 2026-08-28
The net expense ratio is 0.84%: a 0.87% management fee plus 0.05% other expenses, less a 0.08% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $270K in broker commissions, 0.0672% of average net assets, and portfolio turnover was 36%.
C000088781 Fees and Expenses
Annual operating expenses and sales charges of C000088781. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.87% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.05% |
| Gross expense ratio | 0.92% |
| Fee waiver | −0.08% |
| Net expense ratio | 0.84% |
| 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 |
C000088781 Costs Over Time
On $10,000 invested in C000088781, assuming 5% a year before costs, total costs come to $569 over 5 years, cutting the return by 0.95% 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 0.84%) | $88 | $275 | $478 |
| Trading costs (broker commissions) | $7 | $22 | $38 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $95 | $312 | $569 |
| Value after costs | $10,405 | $11,264 | $12,194 |
| Impact on return, per year | 0.95% | 0.95% | 0.95% |
C000088781 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): 0.0672%
- Total broker commissions: $270K
- Bought from dealers (principal trades, not a cost): $109K
- Portfolio turnover (prospectus): 36%
- Securities lending: none during the year
C000088781 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Raymond James & Associates, Inc. | $41K | 23.55% |
| Jefferies LLC | $24K | 13.74% |
| Robert W. Baird & Co. Incorporated | $22K | 12.81% |
| JonesTrading Institutional Services LLC | $17K | 9.79% |
| J.P. Morgan Securities LLC | $13K | 7.17% |
| TD Securities (USA) LLC | $12K | 7.07% |
| BNY Capital Markets, LLC | $12K | 7.02% |
| Wells Fargo Securities, LLC | $12K | 7.00% |
| Morgan Stanley & Co. LLC | $12K | 6.68% |
| BMO Capital Markets Corp. | $9K | 5.17% |
C000088781 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $109K | 100.00% |
Variable Portfolio - Partners Small Cap Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000088781 | Class 1 | 0.84% | — |
| C000055690 | Class 3 | 0.97% | — |
| C000088782 | Class 2 | 1.09% | — |
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.