QVG2Q Fees and Costs — VIP Growth Portfolio, Service Class 2
Data updated: 2026-08-24
The net expense ratio is 0.80%: a 0.55% management fee plus a 0.25% 12b-1 fee. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $2.1M in broker commissions, 0.0193% of average net assets, and portfolio turnover was 81%.
QVG2Q Fees and Expenses
Annual operating expenses and sales charges of QVG2Q. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.80% |
| Fee waiver | — |
| Net expense ratio | 0.80% |
| 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 |
QVG2Q Costs Over Time
On $10,000 invested in QVG2Q, assuming 5% a year before costs, total costs come to $514 over 5 years, cutting the return by 0.86% 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 0.80%) | $84 | $263 | $456 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $0 | $13 | $47 |
| Total costs | $86 | $282 | $514 |
| Value after costs | $10,414 | $11,294 | $12,248 |
| Impact on return, per year | 0.86% | 0.86% | 0.86% |
QVG2Q 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): 0.0193%
- Total broker commissions: $2.1M
- Bought from dealers (principal trades, not a cost): $39.7M
- Portfolio turnover (prospectus): 81%
- Securities on loan, average value: $26.9M
- Net income from securities lending: $1.3M (0.012% of average net assets)
QVG2Q Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BANK OF AMERICA CORPORATION | $370K | 21.82% |
| JPMORGAN CHASE and CO | $297K | 17.51% |
| GOLDMAN SACHS GROUP INC (THE) | $274K | 16.17% |
| MORGAN STANLEY | $243K | 14.36% |
| UBS GROUP AG | $119K | 7.04% |
| CITIGROUP INC | $110K | 6.49% |
| JEFFERIES FINANCIAL GROUP INC | $108K | 6.37% |
| NOMURA HOLDINGS INC | $59K | 3.51% |
| VIRTU FINANCIAL INC | $59K | 3.50% |
| BARCLAYS PLC | $55K | 3.22% |
QVG2Q Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $13.2M | 33.27% |
| BANK OF AMERICA CORPORATION | $11.4M | 28.81% |
| GOLDMAN SACHS GROUP INC (THE) | $8.8M | 22.06% |
| MORGAN STANLEY | $4.3M | 10.84% |
| JEFFERIES FINANCIAL GROUP INC | $1.2M | 2.98% |
| CITIGROUP INC | $812K | 2.04% |
VIP Growth Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000023036 | Initial Class | 0.55% | — |
| C000020971 | Investor Class | 0.62% | — |
| C000020972 | Service Class | 0.65% | — |
| QVG2Q | Service Class 2 | 0.80% | — |
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.