C000209355 Fees and Costs — Invesco V.I. Discovery Large Cap Fund, Series II
Data updated: 2026-08-25
The net expense ratio is 1.05%: a 0.69% management fee, a 0.25% 12b-1 fee plus 0.18% other expenses, less a 0.07% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $157K in broker commissions, 0.0213% of average net assets, and portfolio turnover was 59%.
C000209355 Fees and Expenses
Annual operating expenses and sales charges of C000209355. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.69% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.18% |
| Gross expense ratio | 1.12% |
| Fee waiver | −0.07% |
| Net expense ratio | 1.05% |
| 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 | No |
C000209355 Costs Over Time
On $10,000 invested in C000209355, assuming 5% a year before costs, total costs come to $669 over 5 years, cutting the return by 1.12% 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 1.05%) | $110 | $344 | $596 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $17 | $61 |
| Total costs | $112 | $368 | $669 |
| Value after costs | $10,388 | $11,208 | $12,094 |
| Impact on return, per year | 1.12% | 1.12% | 1.12% |
C000209355 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): 0.0213%
- Total broker commissions: $157K
- Bought from dealers (principal trades, not a cost): $3.8M
- Portfolio turnover (prospectus): 59%
- Securities on loan, average value: $27.5M
- Net income from securities lending: $48K (0.006% of average net assets)
C000209355 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $30K | 22.11% |
| GOLDMAN, SACHS & CO. | $25K | 18.35% |
| UBS SECURITIES LLC | $23K | 17.08% |
| MORGAN STANLEY & CO. LLC | $14K | 10.37% |
| J.P. MORGAN SECURITIES LLC | $12K | 8.94% |
| CITIGROUP GLOBAL MARKETS INC. | $12K | 8.86% |
| WELLS FARGO SECURITIES, LLC | $6K | 4.09% |
| INVESCO CAPITAL MARKETS, INC. | $5K | 3.82% |
| TD Securities (USA) LLC | $5K | 3.65% |
| OPPENHEIMER & CO. INC. | $4K | 2.73% |
C000209355 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN, SACHS & CO. | $3.8M | 100.00% |
Invesco V.I. Discovery Large Cap Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000209356 | Series I | 0.80% | none |
| C000209355 | Series II | 1.05% | none |
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.