C000266297 Fees and Costs — AVIP BlackRock Advantage Large Cap Core Portfolio
Data updated: 2026-08-26
The net expense ratio is 0.95%: a 0.64% management fee, a 0.25% 12b-1 fee plus 0.06% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $29K in broker commissions, 0.0089% of average net assets, and portfolio turnover was 63%.
C000266297 Fees and Expenses
Annual operating expenses and sales charges of C000266297. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.64% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.06% |
| Gross expense ratio | 0.95% |
| Fee waiver | — |
| Net expense ratio | 0.95% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000266297 Costs Over Time
On $10,000 invested in C000266297, 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 0.95%) | $100 | $311 | $540 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $16 | $55 |
| Total costs | $101 | $330 | $600 |
| Value after costs | $10,399 | $11,246 | $12,163 |
| Impact on return, per year | 1.01% | 1.01% | 1.01% |
C000266297 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): 0.0089%
- Total broker commissions: $29K
- Bought from dealers (principal trades, not a cost): $468.2M
- Portfolio turnover (prospectus): 63%
- Securities lending: none during the year
C000266297 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP GLOBAL MARKETS INC | $4K | 15.14% |
| MORGAN STANLEY CO INCORPORATED | $3K | 12.62% |
| UBS SECURITIES LLC | $3K | 12.53% |
| BARCLAYS CAPITAL INC./LE | $3K | 11.66% |
| BOFA SECURITIES, INC. | $3K | 11.20% |
| J.P. MORGAN SECURITIES LLC | $3K | 11.10% |
| GOLDMAN SACHS + CO LLC | $3K | 10.12% |
| BNP PARIBAS PRIME BROKERAGE, INC. | $2K | 6.98% |
| WELLS FARGO BK N.A. | $1K | 5.34% |
| JEFFERIES LLC | $846 | 3.30% |
C000266297 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY CO INCORPORATED | $75.1M | 16.83% |
| CITIGROUP GLOBAL MARKETS INC | $61.7M | 13.81% |
| BNP PARIBAS PRIME BROKERAGE, INC. | $55.4M | 12.40% |
| BOFA SECURITIES, INC. | $54.4M | 12.18% |
| GOLDMAN SACHS + CO LLC | $53.9M | 12.08% |
| J.P. MORGAN SECURITIES LLC | $47.9M | 10.73% |
| UBS SECURITIES LLC | $42.6M | 9.54% |
| BARCLAYS CAPITAL INC./LE | $41.0M | 9.18% |
| RBC CAPITAL MARKETS, LLC | $7.4M | 1.66% |
| COWEN AND COMPANY, LLC | $7.1M | 1.59% |
AVIP BlackRock Advantage Large Cap Core Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000021422 | Class I | 0.70% | — |
| C000266297 | C000266297 | 0.95% | — |
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.