C000091476 Fees and Costs — Nomura VIP Limited-Term Bond Series, Service Class
Data updated: 2026-08-24
The net expense ratio is 0.79%: a 0.50% management fee, a 0.25% 12b-1 fee plus 0.12% other expenses, less a 0.08% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $10K in broker commissions, 0.0060% of average net assets, and portfolio turnover was 262%.
C000091476 Fees and Expenses
Annual operating expenses and sales charges of C000091476. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.12% |
| Gross expense ratio | 0.87% |
| Fee waiver | −0.08% |
| Net expense ratio | 0.79% |
| 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 |
C000091476 Costs Over Time
On $10,000 invested in C000091476, assuming 5% a year before costs, total costs come to $500 over 5 years, cutting the return by 0.84% 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 0.79%) | $83 | $259 | $451 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $13 | $46 |
| Total costs | $84 | $274 | $500 |
| Value after costs | $10,416 | $11,302 | $12,263 |
| Impact on return, per year | 0.84% | 0.84% | 0.84% |
C000091476 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): 0.0060%
- Total broker commissions: $10K
- Bought from dealers (principal trades, not a cost): $801.6M
- Portfolio turnover (prospectus): 262%
- Securities lending: none during the year
C000091476 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| ADVANTAGE SECURITIES LLC | $6K | 65.30% |
| CitiGroup Global Markets Inc. | $3K | 34.38% |
| HSBC SECURITIES (USA) INC. | $30 | 0.32% |
C000091476 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BMO HARRIS FINANCIAL ADVISORS, INC. | $155.1M | 21.36% |
| BOFA SECURITIES, INC. | $136.2M | 18.75% |
| TD SECURITIES (USA) LLC | $113.0M | 15.57% |
| CITADEL SECURITIES LLC | $87.9M | 12.10% |
| STONEX FINANCIAL INC. | $66.1M | 9.11% |
| R. SEELAUS & CO., INC. | $44.0M | 6.06% |
| GOLDMAN SACHS & CO. LLC | $42.6M | 5.87% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $31.0M | 4.27% |
| CitiGroup Global Markets Inc. | $26.2M | 3.61% |
| Santander US Capital Markets LLC | $23.9M | 3.30% |
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.