C000168420 Fees and Costs — Victory RS Large Cap Alpha VIP Series, Class I
Data updated: 2025-05-29
The net expense ratio is 0.55%: a 0.50% management fee plus 0.20% other expenses, less a 0.15% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $250K in broker commissions, 0.0304% of average net assets, and portfolio turnover was 40%.
C000168420 Fees and Expenses
Annual operating expenses and sales charges of C000168420. Prospectus, as of April 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.20% |
| Gross expense ratio | 0.70% |
| Fee waiver | −0.15% |
| Net expense ratio | 0.55% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000168420 Costs Over Time
On $10,000 invested in C000168420, assuming 5% a year before costs, total costs come to $366 over 5 years, cutting the return by 0.61% 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 0.55%) | $58 | $181 | $315 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $61 | $200 | $366 |
| Value after costs | $10,439 | $11,376 | $12,397 |
| Impact on return, per year | 0.61% | 0.61% | 0.61% |
C000168420 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): 0.0304%
- Total broker commissions: $250K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 40%
- Securities lending: none during the year
C000168420 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Evercore Group L.L.C. | $29K | 16.19% |
| Raymond James & Associates, Inc. | $19K | 10.76% |
| BofA Securities, Inc. | $19K | 10.76% |
| RBC Capital Markets, LLC | $19K | 10.65% |
| Liquidnet, Inc. | $18K | 10.05% |
| Citigroup Global Markets Inc. | $17K | 9.57% |
| Keysight Technologies, Inc. | $17K | 9.39% |
| UBS Securities LLC | $16K | 8.79% |
| Barclays Capital Inc. | $13K | 7.30% |
| Jefferies LLC | $12K | 6.54% |
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.