VPRRO Fees and Costs — ProFund VP Real Estate
Data updated: 2026-08-28
The net expense ratio is 1.68%: a 0.75% management fee, a 0.25% 12b-1 fee plus 0.72% other expenses, less a 0.04% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $21K in broker commissions, 0.3143% of average net assets, and portfolio turnover was 143300%.
VPRRO Fees and Expenses
Annual operating expenses and sales charges of VPRRO. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.72% |
| Gross expense ratio | 1.72% |
| Fee waiver | −0.04% |
| 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 | Yes |
| Waived fees subject to recoupment | Yes |
VPRRO Costs Over Time
On $10,000 invested in VPRRO, assuming 5% a year before costs, total costs come to $1,223 over 5 years, cutting the return by 2.09% 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 | $545 | $935 |
| Trading costs (broker commissions) | $33 | $102 | $175 |
| Lost growth on money paid in costs | $0 | $32 | $113 |
| Total costs | $209 | $679 | $1,223 |
| Value after costs | $10,291 | $10,897 | $11,540 |
| Impact on return, per year | 2.09% | 2.09% | 2.09% |
VPRRO 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): 0.3143%
- Total broker commissions: $21K
- Bought from dealers (principal trades, not a cost): $22.1M
- Portfolio turnover (prospectus): 143300%
- Securities lending: none during the year
VPRRO Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Susquehanna Securities | $15K | 71.28% |
| BNP Paribas Securities Corp. | $6K | 28.72% |
VPRRO Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| SG Americas Securities, LLC | $6.4M | 29.13% |
| HSBC Securities (USA) Inc. | $6.0M | 27.20% |
| Natwest Markets Securities Inc. | $3.0M | 13.73% |
| UMB Financial Services, Inc. | $2.4M | 10.95% |
| Credit Agricole Securities (USA) Inc. | $2.3M | 10.50% |
| RBC Capital Markets, LLC | $1.9M | 8.49% |
| Susquehanna Securities | $99 | 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.