C000266307 Fees and Costs — AVIP Core Plus Bond Portfolio
Data updated: 2026-08-26
The net expense ratio is 0.74%: a 0.51% management fee, a 0.15% 12b-1 fee plus 0.07% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $24K in broker commissions, 0.0047% of average net assets, and portfolio turnover was 40%.
C000266307 Fees and Expenses
Annual operating expenses and sales charges of C000266307. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.51% |
| 12b-1 fee | 0.15% |
| Other expenses | 0.07% |
| Gross expense ratio | 0.74% |
| Fee waiver | — |
| Net expense ratio | 0.74% |
| 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 |
C000266307 Costs Over Time
On $10,000 invested in C000266307, assuming 5% a year before costs, total costs come to $468 over 5 years, cutting the return by 0.78% 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 0.74%) | $78 | $243 | $423 |
| Trading costs (broker commissions) | $0 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $78 | $257 | $468 |
| Value after costs | $10,422 | $11,320 | $12,295 |
| Impact on return, per year | 0.78% | 0.78% | 0.78% |
C000266307 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): 0.0047%
- Total broker commissions: $24K
- Bought from dealers (principal trades, not a cost): $502.6M
- Portfolio turnover (prospectus): 40%
- Securities lending: none during the year
C000266307 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J P MORGAN SECURITIES INC | $24K | 99.09% |
| MORGAN STANLEY CO INCORPORATED | $223 | 0.91% |
C000266307 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| FEDERATED INVESTORS | $57.9M | 16.84% |
| TORONTO DOMINION BANK, THE | $48.2M | 14.01% |
| BANK OF MONTREAL | $35.7M | 10.37% |
| WELLS FARGO SECURITIES, LLC | $35.5M | 10.32% |
| STATE STREET BANK AND TRUST COMPANY | $35.4M | 10.29% |
| J P MORGAN SECURITIES INC | $33.4M | 9.72% |
| DEUTSCHE BANK SECURITIES INC | $31.5M | 9.15% |
| BOFA SECURITIES, INC. | $26.5M | 7.69% |
| WELLS FARGO SECURITIES LLC | $20.1M | 5.84% |
| CITADEL SECURITIES LLC | $19.9M | 5.77% |
AVIP Core Plus Bond Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000218951 | Class I | 0.59% | — |
| C000266307 | C000266307 | 0.74% | — |
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.