VGSBX Fees and Costs — VY(R) BrandywineGLOBAL - Bond Portfolio
Data updated: 2026-08-24
The net expense ratio is 0.55%: a 0.50% management fee plus 0.05% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $17K in broker commissions, 0.0076% of average net assets, and portfolio turnover was 194%.
VGSBX Fees and Expenses
Annual operating expenses and sales charges of VGSBX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.05% |
| Gross expense ratio | 0.55% |
| Fee waiver | — |
| Net expense ratio | 0.55% |
| 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 |
VGSBX Costs Over Time
On $10,000 invested in VGSBX, assuming 5% a year before costs, total costs come to $352 over 5 years, cutting the return by 0.59% 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 0.55%) | $58 | $181 | $315 |
| Trading costs (broker commissions) | $1 | $3 | $4 |
| Lost growth on money paid in costs | $0 | $9 | $32 |
| Total costs | $59 | $193 | $352 |
| Value after costs | $10,441 | $11,384 | $12,411 |
| Impact on return, per year | 0.59% | 0.59% | 0.59% |
VGSBX 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): 0.0076%
- Total broker commissions: $17K
- Bought from dealers (principal trades, not a cost): $1.0B
- Portfolio turnover (prospectus): 194%
- Securities lending: none during the year
VGSBX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP GLOBAL MARKETS INC. | $9K | 50.70% |
| MORGAN STANLEY & CO. LLC | $9K | 49.30% |
VGSBX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| THE BANK OF NEW YORK MELLON | $250.0M | 26.53% |
| HSBC SECURITIES (USA), INC. | $164.1M | 17.41% |
| J.P. Morgan Securities LLC | $137.3M | 14.57% |
| BOFA SECURITIES, INC. | $102.0M | 10.82% |
| CitiGroup Global Markets Inc. | $83.3M | 8.84% |
| Goldman Sachs & Co. LLC | $72.9M | 7.73% |
| BARCLAYS CAPITAL, INC. | $66.8M | 7.09% |
| DEUTSCHE BANK SECURITIES, INC. | $31.4M | 3.33% |
| MORGAN STANLEY & CO. LLC | $18.1M | 1.92% |
| BMO CAPITAL MARKETS CORP. | $16.4M | 1.75% |
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.