LVITX Fees and Costs — Western Asset Core Plus VIT Portfolio, Class II
Data updated: 2026-08-26
The net expense ratio is 0.79%: a 0.45% management fee, a 0.25% 12b-1 fee plus 0.15% other expenses, less a 0.06% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $44K in broker commissions, 0.0346% of average net assets, and portfolio turnover was 120%.
LVITX Fees and Expenses
Annual operating expenses and sales charges of LVITX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.15% |
| Gross expense ratio | 0.85% |
| Fee waiver | −0.06% |
| Net expense ratio | 0.79% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
LVITX Costs Over Time
On $10,000 invested in LVITX, assuming 5% a year before costs, total costs come to $518 over 5 years, cutting the return by 0.87% 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 0.79%) | $83 | $259 | $450 |
| Trading costs (broker commissions) | $4 | $11 | $20 |
| Lost growth on money paid in costs | $0 | $13 | $47 |
| Total costs | $87 | $284 | $518 |
| Value after costs | $10,413 | $11,292 | $12,245 |
| Impact on return, per year | 0.87% | 0.87% | 0.87% |
LVITX 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): 0.0346%
- Total broker commissions: $44K
- Bought from dealers (principal trades, not a cost): $603.0M
- Portfolio turnover (prospectus): 120%
- Securities lending: none during the year
LVITX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| R.J. O'Brien Securities, LLC | $21K | 47.50% |
| JEFFERIES LLC | $7K | 16.79% |
| WELLS FARGO SECURITIES, LLC | $5K | 11.31% |
| CitiGroup Global Markets Inc. | $4K | 8.10% |
| BOFA SECURITIES, INC. | $2K | 3.70% |
| J.P. Morgan Securities LLC | $1K | 3.06% |
| GOLDMAN SACHS & CO. LLC | $1K | 2.92% |
| MORGAN STANLEY & CO. LLC | $993 | 2.29% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $960 | 2.22% |
| DEUTSCHE BANK SECURITIES INC. | $913 | 2.11% |
LVITX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $171.9M | 29.12% |
| J.P. Morgan Securities LLC | $161.5M | 27.36% |
| Goldman Sachs & Co. LLC | $149.9M | 25.39% |
| CitiGroup Global Markets Inc. | $51.3M | 8.69% |
| BNP PARIBAS SECURITIES CORP. | $23.1M | 3.91% |
| BOFA SECURITIES, INC. | $14.7M | 2.48% |
| WELLS FARGO SECURITIES, LLC | $10.6M | 1.80% |
| BARCLAYS CAPITAL, INC. | $3.3M | 0.56% |
| RBC CAPITAL MARKETS, LLC | $2.1M | 0.35% |
| BMO CAPITAL MARKETS CORP. | $1.9M | 0.33% |
Western Asset Core Plus VIT Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| QLMHIX | Class I | 0.54% | — |
| LVITX | Class II | 0.79% | — |
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.