VPVHYDV Fees and Costs — PIMCO High Yield Portfolio, Administrative Class
Data updated: 2026-08-31
The net expense ratio is 0.81%: a 0.60% management fee, a 0.15% 12b-1 fee plus 0.06% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $7K in broker commissions, 0.0015% of average net assets, and portfolio turnover was 65%.
VPVHYDV Fees and Expenses
Annual operating expenses and sales charges of VPVHYDV. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.15% |
| Other expenses | 0.06% |
| Gross expense ratio | 0.81% |
| Fee waiver | — |
| Net expense ratio | 0.81% |
| 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 |
VPVHYDV Costs Over Time
On $10,000 invested in VPVHYDV, assuming 5% a year before costs, total costs come to $510 over 5 years, cutting the return by 0.85% 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 0.81%) | $85 | $266 | $462 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $13 | $47 |
| Total costs | $85 | $280 | $510 |
| Value after costs | $10,415 | $11,297 | $12,253 |
| Impact on return, per year | 0.85% | 0.85% | 0.85% |
VPVHYDV 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): 0.0015%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): $862.9M
- Portfolio turnover (prospectus): 65%
- Securities lending: none during the year
VPVHYDV Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets Corp. | $7K | 98.58% |
| Cowen & Co. | $86 | 1.16% |
| BGC Financial, L.P. | $20 | 0.26% |
VPVHYDV Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $138.3M | 18.65% |
| Goldman Sachs & Co. | $125.2M | 16.89% |
| Barclays Capital, Inc. | $89.0M | 12.01% |
| Morgan Stanley & Co., Inc. | $88.9M | 12.00% |
| Merrill Lynch, Pierce, Fenner, & Smith | $80.0M | 10.80% |
| Citigroup Global Markets, Inc. | $74.7M | 10.08% |
| Jefferies Co., Inc. | $56.9M | 7.68% |
| BMO Capital Markets Corp. | $34.4M | 4.64% |
| Wells Fargo Securities, LLC | $28.2M | 3.81% |
| Deutsche Bank Securities, Inc. | $25.7M | 3.46% |
PIMCO High Yield Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| VPVHYIV | Institutional Class | 0.66% | — |
| VPVHYDV | Administrative Class | 0.81% | — |
| VPVHYVV | Advisor Class | 0.91% | — |
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.