XFBSX Fees and Costs — VIP Mid Cap Portfolio, Service Class
Data updated: 2026-08-24
The net expense ratio is 0.65%: a 0.55% management fee plus a 0.10% 12b-1 fee. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $2.6M in broker commissions, 0.0353% of average net assets, and portfolio turnover was 61%.
XFBSX Fees and Expenses
Annual operating expenses and sales charges of XFBSX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.10% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.65% |
| Fee waiver | — |
| Net expense ratio | 0.65% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
XFBSX Costs Over Time
On $10,000 invested in XFBSX, assuming 5% a year before costs, total costs come to $431 over 5 years, cutting the return by 0.72% 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 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $4 | $12 | $20 |
| Lost growth on money paid in costs | $0 | $11 | $39 |
| Total costs | $72 | $236 | $431 |
| Value after costs | $10,428 | $11,340 | $12,331 |
| Impact on return, per year | 0.72% | 0.72% | 0.72% |
XFBSX 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): 0.0353%
- Total broker commissions: $2.6M
- Bought from dealers (principal trades, not a cost): $43.9M
- Portfolio turnover (prospectus): 61%
- Securities on loan, average value: $230.1M
- Net income from securities lending: $242K (0.003% of average net assets)
XFBSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $330K | 16.71% |
| BANK OF AMERICA CORPORATION | $267K | 13.53% |
| JPMORGAN CHASE and CO | $237K | 12.02% |
| MORGAN STANLEY | $233K | 11.83% |
| UBS GROUP AG | $192K | 9.75% |
| BARCLAYS PLC | $189K | 9.60% |
| CITIGROUP INC | $155K | 7.87% |
| JEFFERIES FINANCIAL GROUP INC | $137K | 6.96% |
| ROYAL BANK OF CANADA | $127K | 6.42% |
| WELLS FARGO and CO | $105K | 5.32% |
XFBSX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS PLC | $19.3M | 43.99% |
| JPMORGAN CHASE and CO | $15.5M | 35.25% |
| CITIGROUP INC | $9.1M | 20.76% |
VIP Mid Cap Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| XFBRX | Initial Class | 0.55% | — |
| C000021042 | Investor Class | 0.63% | — |
| XFBSX | Service Class | 0.65% | — |
| C000021045 | Service Class 2 | 0.80% | — |
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.