C000209375 Fees and Costs — Invesco V.I. Main Street Small Cap Fund, Series II
Data updated: 2026-08-25
The net expense ratio is 1.09%: a 0.66% 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 $891K in broker commissions, 0.0839% of average net assets, and portfolio turnover was 50%.
C000209375 Fees and Expenses
Annual operating expenses and sales charges of C000209375. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.66% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.18% |
| Gross expense ratio | 1.09% |
| Fee waiver | — |
| Net expense ratio | 1.09% |
| 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 |
C000209375 Costs Over Time
On $10,000 invested in C000209375, assuming 5% a year before costs, total costs come to $732 over 5 years, cutting the return by 1.23% 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 | $356 | $617 |
| Trading costs (broker commissions) | $9 | $27 | $47 |
| Lost growth on money paid in costs | $0 | $19 | $67 |
| Total costs | $123 | $403 | $732 |
| Value after costs | $10,377 | $11,173 | $12,031 |
| Impact on return, per year | 1.23% | 1.23% | 1.23% |
C000209375 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): 0.0839%
- Total broker commissions: $891K
- Bought from dealers (principal trades, not a cost): $10.6M
- Portfolio turnover (prospectus): 50%
- Securities on loan, average value: $192.9M
- Net income from securities lending: $306K (0.029% of average net assets)
C000209375 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $148K | 20.47% |
| CITIGROUP GLOBAL MARKETS INC. | $109K | 15.10% |
| JEFFERIES LLC | $95K | 13.17% |
| MORGAN STANLEY & CO. LLC | $95K | 13.14% |
| J.P. MORGAN SECURITIES LLC | $81K | 11.26% |
| UBS SECURITIES LLC | $71K | 9.85% |
| INVESCO CAPITAL MARKETS, INC. | $46K | 6.35% |
| BARCLAYS CAPITAL INC. | $28K | 3.90% |
| Piper Sandler & Co. | $27K | 3.73% |
| TD Securities (USA) LLC | $22K | 3.01% |
C000209375 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $6.3M | 59.19% |
| Piper Sandler & Co. | $2.6M | 24.79% |
| BOFA SECURITIES, INC. | $952K | 9.01% |
| GOLDMAN, SACHS & CO. | $740K | 7.00% |
Invesco V.I. Main Street Small 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 |
|---|---|---|---|
| C000209376 | Series I | 0.84% | none |
| C000209375 | Series II | 1.09% | 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.