C000112079 Fees and Costs — Columbia Variable Portfolio - Diversified Absolute Return Fund, Class 2
Data updated: 2020-05-28
The net expense ratio is 2.43%: a 1.10% management fee, a 0.25% 12b-1 fee plus 1.11% other expenses, less a 0.04% fee waiver. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $134K in broker commissions, 0.0519% of average net assets, and portfolio turnover was 178%.
C000112079 Fees and Expenses
Annual operating expenses and sales charges of C000112079. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 1.10% |
| 12b-1 fee | 0.25% |
| Other expenses | 1.11% |
| Gross expense ratio | 2.47% |
| Fee waiver | −0.04% |
| Net expense ratio | 2.43% |
| 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 |
C000112079 Costs Over Time
On $10,000 invested in C000112079, assuming 5% a year before costs, total costs come to $1,507 over 5 years, cutting the return by 2.61% 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 2.43%) | $255 | $784 | $1,338 |
| Trading costs (broker commissions) | $5 | $17 | $29 |
| Lost growth on money paid in costs | $0 | $40 | $140 |
| Total costs | $261 | $841 | $1,507 |
| Value after costs | $10,239 | $10,736 | $11,256 |
| Impact on return, per year | 2.61% | 2.61% | 2.61% |
C000112079 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): 0.0519%
- Total broker commissions: $134K
- Bought from dealers (principal trades, not a cost): $388.4M
- Portfolio turnover (prospectus): 178%
- Securities lending: none during the year
C000112079 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMorgan | $85K | 63.80% |
| Susquehanna Financial Group LLP | $26K | 19.77% |
| Credit Suisse | $11K | 8.26% |
| Citi | $3K | 2.52% |
| BTIG LLC | $2K | 1.44% |
| Keefe Bruyette & Woods Inc | $1K | 1.04% |
| Morgan Stanley | $1K | 1.03% |
| RBC Capital Markets | $1K | 0.81% |
| Suntrust Robinson Humphrey Inc. | $997 | 0.75% |
| Goldman Sachs | $780 | 0.59% |
C000112079 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley | $110.9M | 29.78% |
| Wells Fargo Securities LLC | $93.6M | 25.13% |
| JPMorgan | $90.4M | 24.26% |
| Citi | $40.8M | 10.94% |
| Amherst Pierpont Securities LLC | $10.9M | 2.92% |
| HSBC | $9.0M | 2.41% |
| BNP Paribas | $6.7M | 1.80% |
| Goldman Sachs | $4.3M | 1.14% |
| TD Securities (USA) LLC | $3.2M | 0.86% |
| Nomura Securities International Inc. | $2.9M | 0.77% |
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.