VVEIX Fees and Costs — Venerable US Large Cap Core Equity Fund, Class I
Data updated: 2026-08-26
The net expense ratio is 0.75%: a 0.60% management fee plus 0.16% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $23K in broker commissions, 0.0039% of average net assets, and portfolio turnover was 13%.
VVEIX Fees and Expenses
Annual operating expenses and sales charges of VVEIX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.76% |
| Fee waiver | −0.01% |
| 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 | No |
VVEIX Costs Over Time
On $10,000 invested in VVEIX, assuming 5% a year before costs, total costs come to $474 over 5 years, cutting the return by 0.79% 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) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $79 | $260 | $474 |
| Value after costs | $10,421 | $11,316 | $12,289 |
| Impact on return, per year | 0.79% | 0.79% | 0.79% |
VVEIX 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): 0.0039%
- Total broker commissions: $23K
- Bought from dealers (principal trades, not a cost): $104.2M
- Portfolio turnover (prospectus): 13%
- Securities lending: none during the year
VVEIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BNY Capital Markets, LLC | $11K | 36.07% |
| Russell Investments Implementation Services, LLC | $8K | 25.94% |
| UBS Securities LLC | $3K | 10.85% |
| Citigroup Global Markets Inc. | $3K | 8.25% |
| Wells Fargo Securities, LLC | $2K | 7.07% |
| Jefferies LLC | $2K | 5.15% |
| Morgan Stanley & Co. LLC | $834 | 2.66% |
| Goldman Sachs & Co. LLC | $723 | 2.30% |
| BofA Securities, Inc. | $321 | 1.02% |
| Nomura Securities International, Inc. | $213 | 0.68% |
VVEIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $104.2M | 100.00% |
Venerable US Large Cap Core Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| VVEIX | Class I | 0.75% | — |
| VVEVX | Class V | 1.05% | — |
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.