C000010384 Fees and Costs — Energy Services Fund, Variable Annuity
Data updated: 2026-08-27
The net expense ratio is 1.79%: a 0.85% management fee plus 0.99% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $67K in broker commissions, 1.6685% of average net assets, and portfolio turnover was 2071%.
C000010384 Fees and Expenses
Annual operating expenses and sales charges of C000010384. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | — |
| Other expenses | 0.99% |
| Gross expense ratio | 1.84% |
| Fee waiver | −0.05% |
| Net expense ratio | 1.79% |
| 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 |
C000010384 Costs Over Time
On $10,000 invested in C000010384, assuming 5% a year before costs, total costs come to $2,060 over 5 years, cutting the return by 3.63% 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 1.79%) | $188 | $572 | $966 |
| Trading costs (broker commissions) | $175 | $533 | $900 |
| Lost growth on money paid in costs | $0 | $56 | $193 |
| Total costs | $363 | $1,160 | $2,060 |
| Value after costs | $10,137 | $10,416 | $10,703 |
| Impact on return, per year | 3.63% | 3.63% | 3.63% |
C000010384 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): 1.6685%
- Total broker commissions: $67K
- Bought from dealers (principal trades, not a cost): $7.8M
- Portfolio turnover (prospectus): 2071%
- Securities on loan, average value: $31K
- Net income from securities lending: $594 (0.015% of average net assets)
C000010384 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL INC. | $24K | 35.12% |
| BTIG, LLC | $21K | 31.94% |
| CANTOR FITZGERALD & CO. | $16K | 23.19% |
| Instinet, LLC | $3K | 4.39% |
| Roth Capital Partners | $2K | 3.34% |
| UBS SECURITIES LLC | $1K | 2.02% |
C000010384 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $4.1M | 52.72% |
| BOFA SECURITIES, INC. | $1.8M | 23.25% |
| BARCLAYS CAPITAL INC. | $1.8M | 22.73% |
| TENDER OFFER | $102K | 1.30% |
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.