VPFN Fees and Costs — ProFund VP Financials
Data updated: 2026-08-28
The net expense ratio is 1.68%: a 0.75% management fee, a 0.25% 12b-1 fee plus 0.69% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $37K in broker commissions, 0.1009% of average net assets, and portfolio turnover was 436%.
VPFN Fees and Expenses
Annual operating expenses and sales charges of VPFN. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.69% |
| Gross expense ratio | 1.69% |
| Fee waiver | −0.01% |
| Net expense ratio | 1.68% |
| 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 | Yes |
VPFN Costs Over Time
On $10,000 invested in VPFN, assuming 5% a year before costs, total costs come to $1,097 over 5 years, cutting the return by 1.87% 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 1.68%) | $176 | $546 | $939 |
| Trading costs (broker commissions) | $11 | $33 | $56 |
| Lost growth on money paid in costs | $0 | $29 | $101 |
| Total costs | $187 | $608 | $1,097 |
| Value after costs | $10,313 | $10,969 | $11,666 |
| Impact on return, per year | 1.87% | 1.87% | 1.87% |
VPFN 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): 0.1009%
- Total broker commissions: $37K
- Bought from dealers (principal trades, not a cost): $145.1M
- Portfolio turnover (prospectus): 436%
- Securities lending: none during the year
VPFN Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Susquehanna Securities | $30K | 79.19% |
| BNP Paribas Securities Corp. | $8K | 20.81% |
VPFN Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| SG Americas Securities, LLC | $42.5M | 29.32% |
| HSBC Securities (USA) Inc. | $40.2M | 27.69% |
| Natwest Markets Securities Inc. | $20.7M | 14.27% |
| Credit Agricole Securities (USA) Inc. | $15.9M | 10.97% |
| RBC Capital Markets, LLC | $13.2M | 9.11% |
| UMB Financial Services, Inc. | $12.5M | 8.65% |
| BNP Paribas Securities Corp. | $31 | 0.00% |
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.