C000168426 Fees and Costs — Victory High Yield VIP Series, Class I
Data updated: 2025-08-28
The net expense ratio is 0.93% (1.09% before fee waivers). There are no sales loads or redemption fees. In fiscal 2024 the fund paid $6K in broker commissions, 0.0282% of average net assets, and portfolio turnover was 109%.
C000168426 Fees and Expenses
Annual operating expenses and sales charges of C000168426. Prospectus, as of April 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.45% |
| Gross expense ratio | 1.09% |
| Fee waiver | −0.16% |
| Net expense ratio | 0.93% |
| 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 |
C000168426 Costs Over Time
On $10,000 invested in C000168426, assuming 5% a year before costs, total costs come to $600 over 5 years, cutting the return by 1.01% 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 0.93%) | $98 | $305 | $529 |
| Trading costs (broker commissions) | $3 | $9 | $16 |
| Lost growth on money paid in costs | $0 | $16 | $55 |
| Total costs | $101 | $330 | $600 |
| Value after costs | $10,399 | $11,247 | $12,163 |
| Impact on return, per year | 1.01% | 1.01% | 1.01% |
C000168426 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): 0.0282%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): $146.3M
- Portfolio turnover (prospectus): 109%
- Securities on loan, average value: $1.7M
- Net income from securities lending: $34K (0.166% of average net assets)
C000168426 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wallachbeth Capital LLC | $3K | 52.59% |
| Susquehanna Securities | $2K | 26.81% |
| Citadel Securities LLC | $714 | 12.45% |
| Jane Street Capital, LLC | $444 | 7.74% |
| Piper Sandler & Co. | $23 | 0.41% |
C000168426 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Loop Capital Markets LLC | $25.2M | 21.38% |
| CASTLE OAK SECURITIES, L.P. | $23.1M | 19.60% |
| Siebert Williams Shank & Co., LLC | $18.4M | 15.61% |
| R. SEELAUS AND CO., INC | $14.4M | 12.22% |
| Amerivet Securities, Inc. | $9.7M | 8.23% |
| Morgan Stanley & Co. LLC | $8.7M | 7.35% |
| Goldman Sachs & Co. LLC | $5.3M | 4.47% |
| Wells Fargo Securities, LLC | $4.9M | 4.18% |
| MarketAxess Corporation | $4.1M | 3.50% |
| BANCROFT CAPITAL LLC | $4.1M | 3.48% |
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.