VPVCRVV Fees and Costs — PIMCO CommodityRealReturn Strategy Portfolio, Advisor Class
Data updated: 2026-08-31
The net expense ratio is 3.29% (3.48% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $71K in broker commissions, 0.0180% of average net assets, and portfolio turnover was 178%.
VPVCRVV Fees and Expenses
Annual operating expenses and sales charges of VPVCRVV. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.74% |
| 12b-1 fee | 0.25% |
| Other expenses | 2.30% |
| Gross expense ratio | 3.48% |
| Fee waiver | −0.19% |
| Net expense ratio | 3.29% |
| 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 |
VPVCRVV Costs Over Time
On $10,000 invested in VPVCRVV, assuming 5% a year before costs, total costs come to $1,976 over 5 years, cutting the return by 3.47% 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 3.29%) | $345 | $1,052 | $1,781 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $53 | $185 |
| Total costs | $347 | $1,111 | $1,976 |
| Value after costs | $10,153 | $10,465 | $10,787 |
| Impact on return, per year | 3.47% | 3.47% | 3.47% |
VPVCRVV 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): 0.0180%
- Total broker commissions: $71K
- Bought from dealers (principal trades, not a cost): $37.6B
- Portfolio turnover (prospectus): 178%
- Securities lending: none during the year
VPVCRVV Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. | $50K | 70.65% |
| Merrill Lynch, Pierce, Fenner, & Smith | $21K | 29.35% |
VPVCRVV Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets, Inc. | $14.1B | 37.81% |
| Merrill Lynch, Pierce, Fenner, & Smith | $7.3B | 19.52% |
| BNP Paribas Securities Corp. | $5.2B | 13.85% |
| Barclays Capital, Inc. | $3.4B | 9.22% |
| Goldman Sachs & Co. | $2.9B | 7.68% |
| Deutsche Bank Securities, Inc. | $2.1B | 5.74% |
| Regions Bank | $1.0B | 2.72% |
| J.P. Morgan Securities LLC | $554.2M | 1.49% |
| Morgan Stanley & Co., Inc. | $375.3M | 1.01% |
| BNY Mellon Capital Markets, LLC | $358.3M | 0.96% |
PIMCO CommodityRealReturn Strategy Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PCOMRSI | Institutional Class | 3.04% | — |
| VPVCRDV | Administrative Class | 3.19% | — |
| VPVCRVV | Advisor Class | 3.29% | — |
| PCOMRSM | Class M | 3.49% | — |
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.