C000000088 Fees and Costs — Mid Cap Value Portfolio
Data updated: 2026-08-20
The net expense ratio is 0.71%: a 0.85% management fee plus 0.03% other expenses, less a 0.17% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $190K in broker commissions, 0.0292% of average net assets, and portfolio turnover was 75%.
C000000088 Fees and Expenses
Annual operating expenses and sales charges of C000000088. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.03% |
| Gross expense ratio | 0.88% |
| Fee waiver | −0.17% |
| Net expense ratio | 0.71% |
| 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 |
C000000088 Costs Over Time
On $10,000 invested in C000000088, assuming 5% a year before costs, total costs come to $465 over 5 years, cutting the return by 0.78% 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 0.71%) | $75 | $233 | $406 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $78 | $255 | $465 |
| Value after costs | $10,422 | $11,321 | $12,298 |
| Impact on return, per year | 0.78% | 0.78% | 0.78% |
C000000088 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): 0.0292%
- Total broker commissions: $190K
- Bought from dealers (principal trades, not a cost): $59K
- Portfolio turnover (prospectus): 75%
- Securities lending: none during the year
C000000088 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $23K | 16.01% |
| Morgan Stanley & Co. LLC | $22K | 15.02% |
| Sanford C. Bernstein & Co., LLC | $20K | 13.98% |
| Citigroup Global Markets Inc. | $19K | 13.09% |
| J.P. Morgan Securities LLC | $19K | 12.73% |
| Barclays Capital Inc. | $11K | 7.44% |
| UBS Securities LLC | $10K | 7.15% |
| Evercore Group L.L.C. | $8K | 5.54% |
| Robert W. Baird & Co. Incorporated | $7K | 4.94% |
| Goldman Sachs & Co. LLC | $6K | 4.10% |
C000000088 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNP Paribas Securities Corp. | $59K | 100.00% |
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.