C000209363 Fees and Costs — Invesco V.I. Discovery Mid Cap Growth Fund, Series II
Data updated: 2026-08-25
The net expense ratio is 1.11%: a 0.68% management fee, a 0.25% 12b-1 fee plus 0.18% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $463K in broker commissions, 0.0524% of average net assets, and portfolio turnover was 104%.
C000209363 Fees and Expenses
Annual operating expenses and sales charges of C000209363. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.68% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.18% |
| Gross expense ratio | 1.11% |
| Fee waiver | — |
| Net expense ratio | 1.11% |
| 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 |
C000209363 Costs Over Time
On $10,000 invested in C000209363, assuming 5% a year before costs, total costs come to $725 over 5 years, cutting the return by 1.22% 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 1.11%) | $117 | $363 | $628 |
| Trading costs (broker commissions) | $6 | $17 | $30 |
| Lost growth on money paid in costs | $0 | $19 | $67 |
| Total costs | $122 | $399 | $725 |
| Value after costs | $10,378 | $11,177 | $12,038 |
| Impact on return, per year | 1.22% | 1.22% | 1.22% |
C000209363 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): 0.0524%
- Total broker commissions: $463K
- Bought from dealers (principal trades, not a cost): $12.7M
- Portfolio turnover (prospectus): 104%
- Securities on loan, average value: $65.6M
- Net income from securities lending: $139K (0.016% of average net assets)
C000209363 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $75K | 21.29% |
| GOLDMAN, SACHS & CO. | $56K | 15.81% |
| UBS SECURITIES LLC | $45K | 12.69% |
| MORGAN STANLEY & CO. LLC | $44K | 12.49% |
| CITIGROUP GLOBAL MARKETS INC. | $39K | 11.21% |
| J.P. MORGAN SECURITIES LLC | $26K | 7.35% |
| RBC CAPITAL MARKETS, LLC | $20K | 5.68% |
| KEYBANC CAPITAL MARKETS INC. | $17K | 4.84% |
| OPPENHEIMER & CO. INC. | $16K | 4.65% |
| EVERCORE GROUP L.L.C. | $14K | 3.99% |
C000209363 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP GLOBAL MARKETS INC. | $4.9M | 38.24% |
| BOFA SECURITIES, INC. | $2.5M | 19.86% |
| GOLDMAN, SACHS & CO. | $2.2M | 17.51% |
| MORGAN STANLEY & CO. LLC | $1.6M | 12.66% |
| UBS SECURITIES LLC | $1.5M | 11.73% |
Invesco V.I. Discovery Mid Cap Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000209364 | Series I | 0.86% | none |
| C000209363 | Series II | 1.11% | 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.