VPVSTAD Fees and Costs — PIMCO Short-Term Portfolio, Advisor Class
Data updated: 2026-08-31
The net expense ratio is 0.75%: a 0.45% management fee, a 0.25% 12b-1 fee plus 0.05% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $56K in broker commissions, 0.0087% of average net assets, and portfolio turnover was 104%.
VPVSTAD Fees and Expenses
Annual operating expenses and sales charges of VPVSTAD. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.05% |
| Gross expense ratio | 0.75% |
| Fee waiver | — |
| Net expense ratio | 0.75% |
| 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 |
VPVSTAD Costs Over Time
On $10,000 invested in VPVSTAD, assuming 5% a year before costs, total costs come to $477 over 5 years, cutting the return by 0.80% 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 0.75%) | $79 | $246 | $428 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $12 | $44 |
| Total costs | $80 | $261 | $477 |
| Value after costs | $10,420 | $11,315 | $12,286 |
| Impact on return, per year | 0.80% | 0.80% | 0.80% |
VPVSTAD 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): 0.0087%
- Total broker commissions: $56K
- Bought from dealers (principal trades, not a cost): $18.7B
- Portfolio turnover (prospectus): 104%
- Securities lending: none during the year
VPVSTAD Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner, & Smith | $56K | 100.00% |
VPVSTAD Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. | $7.1B | 39.15% |
| Barclays Capital, Inc. | $4.5B | 25.05% |
| BMO Capital Markets Corp. | $1.7B | 9.67% |
| Citigroup Global Markets, Inc. | $1.7B | 9.25% |
| Deutsche Bank Securities, Inc. | $970.3M | 5.38% |
| Morgan Stanley & Co., Inc. | $953.4M | 5.29% |
| J.P. Morgan Securities LLC | $475.4M | 2.64% |
| Wells Fargo Securities, LLC | $309.9M | 1.72% |
| BNP Paribas Securities Corp. | $178.5M | 0.99% |
| Mizuho Securities USA, Inc. | $157.9M | 0.88% |
PIMCO Short-Term Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| VPVSTIV | Institutional Class | 0.50% | — |
| VPVSTDV | Administrative Class | 0.65% | — |
| VPVSTAD | Advisor Class | 0.75% | — |
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.