UMCCX Fees and Costs — Invesco V.I. American Value Fund
Data updated: 2026-08-25
The net expense ratio is 1.14%: a 0.69% management fee, a 0.25% 12b-1 fee plus 0.19% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $141K in broker commissions, 0.0388% of average net assets, and portfolio turnover was 65%.
UMCCX Fees and Expenses
Annual operating expenses and sales charges of UMCCX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.69% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.19% |
| Gross expense ratio | 1.14% |
| Fee waiver | — |
| Net expense ratio | 1.14% |
| 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 |
UMCCX Costs Over Time
On $10,000 invested in UMCCX, assuming 5% a year before costs, total costs come to $735 over 5 years, cutting the return by 1.24% 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 1.14%) | $120 | $373 | $645 |
| Trading costs (broker commissions) | $4 | $13 | $22 |
| Lost growth on money paid in costs | $0 | $19 | $67 |
| Total costs | $124 | $405 | $735 |
| Value after costs | $10,376 | $11,172 | $12,028 |
| Impact on return, per year | 1.24% | 1.24% | 1.24% |
UMCCX 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): 0.0388%
- Total broker commissions: $141K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 65%
- Securities on loan, average value: $39.2M
- Net income from securities lending: $56K (0.016% of average net assets)
UMCCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN, SACHS & CO. | $32K | 26.92% |
| INVESCO CAPITAL MARKETS, INC. | $21K | 17.79% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $16K | 13.04% |
| J.P. MORGAN SECURITIES LLC | $13K | 10.96% |
| MORGAN STANLEY & CO. LLC | $9K | 7.63% |
| UBS SECURITIES LLC | $9K | 7.59% |
| CITIGROUP GLOBAL MARKETS INC. | $8K | 6.36% |
| Level Markets, LLC. | $5K | 4.59% |
| WELLS FARGO SECURITIES, LLC | $4K | 3.00% |
| JEFFERIES LLC | $3K | 2.11% |
Invesco V.I. American Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| UMCVX | Invesco VI American Value Fund Series I | 0.89% | none |
| UMCCX | Invesco VI American Value Fund Series II | 1.14% | 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.