C000169899 Fees and Costs — Guardian Mid Cap Relative Value VIP Fund
Data updated: 2026-08-14
The net expense ratio is 1.09%: a 0.72% management fee, a 0.25% 12b-1 fee plus 0.18% other expenses, less a 0.06% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $34K in broker commissions, 0.0334% of average net assets, and portfolio turnover was 33%.
C000169899 Fees and Expenses
Annual operating expenses and sales charges of C000169899. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.72% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.18% |
| Gross expense ratio | 1.15% |
| Fee waiver | −0.06% |
| Net expense ratio | 1.09% |
| 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 |
C000169899 Costs Over Time
On $10,000 invested in C000169899, assuming 5% a year before costs, total costs come to $701 over 5 years, cutting the return by 1.18% 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 1.09%) | $114 | $357 | $618 |
| Trading costs (broker commissions) | $4 | $11 | $19 |
| Lost growth on money paid in costs | $0 | $18 | $64 |
| Total costs | $118 | $386 | $701 |
| Value after costs | $10,382 | $11,190 | $12,062 |
| Impact on return, per year | 1.18% | 1.18% | 1.18% |
C000169899 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): 0.0334%
- Total broker commissions: $34K
- Bought from dealers (principal trades, not a cost): $451.6M
- Portfolio turnover (prospectus): 33%
- Securities lending: none during the year
C000169899 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Cantor Fitzgerald & Co. | $7K | 24.65% |
| Goldman Sachs & Co. LLC | $5K | 18.97% |
| Barclays Capital Inc. | $4K | 15.01% |
| Citigroup Global Markets Inc. | $3K | 10.64% |
| Wells Fargo Securities, LLC | $2K | 6.91% |
| Capital Institutional Services, Inc. | $2K | 6.87% |
| BofA Securities, Inc. | $2K | 5.91% |
| KeyBanc Capital Markets Inc. | $1K | 3.75% |
| Raymond James & Associates, Inc. | $997 | 3.66% |
| Stephens Inc. | $993 | 3.64% |
C000169899 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $446.3M | 98.83% |
| Goldman Sachs & Co. LLC | $3.4M | 0.74% |
| J.P. Morgan Securities LLC | $1.4M | 0.32% |
| BofA Securities, Inc. | $250K | 0.06% |
| Raymond James & Associates, Inc. | $244K | 0.05% |
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.