C000010390 Fees and Costs — Government Long Bond 1.2x Strategy Fund, Variable Annuity
Data updated: 2026-08-21
The net expense ratio is 1.45% (1.51% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $4K in broker commissions, 0.0685% of average net assets, and portfolio turnover was 8524%.
C000010390 Fees and Expenses
Annual operating expenses and sales charges of C000010390. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | — |
| Other expenses | 0.99% |
| Gross expense ratio | 1.51% |
| Fee waiver | −0.06% |
| Net expense ratio | 1.45% |
| 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 |
C000010390 Costs Over Time
On $10,000 invested in C000010390, assuming 5% a year before costs, total costs come to $940 over 5 years, cutting the return by 1.59% 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 1.45%) | $152 | $472 | $815 |
| Trading costs (broker commissions) | $7 | $22 | $38 |
| Lost growth on money paid in costs | $0 | $25 | $87 |
| Total costs | $159 | $519 | $940 |
| Value after costs | $10,341 | $11,057 | $11,823 |
| Impact on return, per year | 1.59% | 1.59% | 1.59% |
C000010390 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): 0.0685%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $928.6M
- Portfolio turnover (prospectus): 8524%
- Securities lending: none during the year
C000010390 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $4K | 100.00% |
C000010390 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MIZUHO SECURITIES USA LLC | $729.3M | 78.54% |
| J.P. MORGAN SECURITIES LLC | $93.3M | 10.05% |
| BARCLAYS CAPITAL INC. | $59.0M | 6.35% |
| BOFA SECURITIES, INC. | $41.5M | 4.47% |
| Nomura Securities International, Inc. | $4.0M | 0.43% |
| JEFFERIES LLC | $1.5M | 0.16% |
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.