C000125280 Fees and Costs — BTS Tactical Fixed Income VIT Fund, Class 2
Data updated: 2025-05-29
The net expense ratio is 2.75% (3.00% before fee waivers). There are no sales loads or redemption fees. In fiscal 2024 the fund paid $2K in broker commissions, 0.0259% of average net assets, and portfolio turnover was 501%.
C000125280 Fees and Expenses
Annual operating expenses and sales charges of C000125280. Prospectus, as of April 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.50% |
| Other expenses | — |
| Gross expense ratio | 3.00% |
| Fee waiver | −0.25% |
| Net expense ratio | 2.75% |
| 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 | Yes |
C000125280 Costs Over Time
On $10,000 invested in C000125280, assuming 5% a year before costs, total costs come to $1,676 over 5 years, cutting the return by 2.91% 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 2.75%) | $289 | $884 | $1,505 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $45 | $156 |
| Total costs | $291 | $938 | $1,676 |
| Value after costs | $10,209 | $10,639 | $11,087 |
| Impact on return, per year | 2.91% | 2.91% | 2.91% |
C000125280 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0259%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 501%
- Securities on loan, average value: $1.2M
- Net income from securities lending: $5K (0.068% of average net assets)
C000125280 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wallachbeth Capital, LLC | $2K | 100.00% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.