C000007613 Fees and Costs — Small Cap Stock Index Portfolio, Service Shares
Data updated: 2026-08-24
The net expense ratio is 0.61%: a 0.35% management fee, a 0.25% 12b-1 fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $33K in broker commissions, 0.0061% of average net assets, and portfolio turnover was 61%.
C000007613 Fees and Expenses
Annual operating expenses and sales charges of C000007613. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.61% |
| Fee waiver | — |
| Net expense ratio | 0.61% |
| 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 |
C000007613 Costs Over Time
On $10,000 invested in C000007613, assuming 5% a year before costs, total costs come to $388 over 5 years, cutting the return by 0.65% 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 0.61%) | $64 | $201 | $349 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $65 | $213 | $388 |
| Value after costs | $10,435 | $11,364 | $12,374 |
| Impact on return, per year | 0.65% | 0.65% | 0.65% |
C000007613 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): 0.0061%
- Total broker commissions: $33K
- Bought from dealers (principal trades, not a cost): $700.9M
- Portfolio turnover (prospectus): 61%
- Securities on loan, average value: $57.4M
- Net income from securities lending: $122K (0.023% of average net assets)
C000007613 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $5K | 18.86% |
| J.P. Morgan Securities LLC | $5K | 18.30% |
| SUSQUEHANNA FINANCIAL GROUP, LLLP | $4K | 13.14% |
| UBS Securities LLC | $3K | 10.22% |
| Virtu Financial Capital Markets LLC | $3K | 8.87% |
| MORGAN STANLEY & CO. LLC | $3K | 8.70% |
| PENSERRA SECURITIES, LLC | $2K | 7.90% |
| GOLDMAN SACHS & CO. LLC | $2K | 5.93% |
| CITIGROUP GLOBAL MARKETS INC. | $1K | 4.35% |
| BARCLAYS CAPITAL, INC. | $1K | 3.72% |
C000007613 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $117.2M | 19.11% |
| SUSQUEHANNA FINANCIAL GROUP LLLP | $82.1M | 13.38% |
| BARCLAYS CAPITAL, INC. | $78.7M | 12.83% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $78.0M | 12.72% |
| MORGAN STANLEY & CO. LLC | $66.3M | 10.82% |
| VIRTU FINANCIAL CAPITAL MARKETS LLC | $47.4M | 7.73% |
| UBS SECURITIES LLC | $45.6M | 7.44% |
| PIPER SANDLER & CO. | $36.6M | 5.96% |
| GOLDMAN SACHS & CO. LLC | $31.6M | 5.15% |
| PENSERRA SECURITIES, LLC | $29.8M | 4.86% |
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.