C000005694 Fees and Costs — Psf Natural Resources Portfolio, Class I
Data updated: 2025-05-27
The net expense ratio is 0.51%: a 0.45% management fee plus 0.06% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $168K in broker commissions, 0.0303% of average net assets, and portfolio turnover was 94%.
C000005694 Fees and Expenses
Annual operating expenses and sales charges of C000005694. Prospectus, as of April 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.06% |
| Gross expense ratio | 0.51% |
| Fee waiver | — |
| Net expense ratio | 0.51% |
| 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 |
C000005694 Costs Over Time
On $10,000 invested in C000005694, assuming 5% a year before costs, total costs come to $341 over 5 years, cutting the return by 0.57% 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 0.51%) | $54 | $168 | $293 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $9 | $31 |
| Total costs | $57 | $187 | $341 |
| Value after costs | $10,443 | $11,390 | $12,422 |
| Impact on return, per year | 0.57% | 0.57% | 0.57% |
C000005694 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0303%
- Total broker commissions: $168K
- Bought from dealers (principal trades, not a cost): $2.5M
- Portfolio turnover (prospectus): 94%
- Securities on loan, average value: $56.6M
- Net income from securities lending: $126K (0.023% of average net assets)
C000005694 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JEFFERIES LLC | $21K | 17.53% |
| VIRTU AMERICAS LLC | $15K | 12.72% |
| UBS Securities LLC | $14K | 11.90% |
| CitiGroup Global Markets Inc. | $13K | 11.30% |
| RBC CAPITAL MARKETS, LLC | $11K | 9.50% |
| MORGAN STANLEY & CO. LLC | $11K | 9.32% |
| J.P. Morgan Securities LLC | $10K | 8.27% |
| GOLDMAN SACHS & CO. LLC | $8K | 7.18% |
| BOFA SECURITIES, INC. | $8K | 6.99% |
| MIZUHO SECURITIES USA LLC | $6K | 5.29% |
C000005694 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNP PARIBAS SECURITIES CORP. | $1.4M | 57.04% |
| GOLDMAN SACHS & CO. LLC | $787K | 32.05% |
| CitiGroup Global Markets Inc. | $268K | 10.91% |
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.