C000010393 Fees and Costs — Transportation Fund, Variable Annuity
Data updated: 2026-08-27
The net expense ratio is 1.78%: a 0.85% management fee plus 0.98% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $21K in broker commissions, 0.4447% of average net assets, and portfolio turnover was 1303%.
C000010393 Fees and Expenses
Annual operating expenses and sales charges of C000010393. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | — |
| Other expenses | 0.98% |
| Gross expense ratio | 1.83% |
| Fee waiver | −0.05% |
| Net expense ratio | 1.78% |
| 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 |
C000010393 Costs Over Time
On $10,000 invested in C000010393, assuming 5% a year before costs, total costs come to $1,358 over 5 years, cutting the return by 2.34% 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 1.78%) | $187 | $576 | $986 |
| Trading costs (broker commissions) | $47 | $144 | $246 |
| Lost growth on money paid in costs | $0 | $36 | $126 |
| Total costs | $234 | $756 | $1,358 |
| Value after costs | $10,266 | $10,821 | $11,405 |
| Impact on return, per year | 2.34% | 2.34% | 2.34% |
C000010393 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): 0.4447%
- Total broker commissions: $21K
- Bought from dealers (principal trades, not a cost): $7.1M
- Portfolio turnover (prospectus): 1303%
- Securities on loan, average value: $132K
- Net income from securities lending: $2K (0.043% of average net assets)
C000010393 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CANTOR FITZGERALD & CO. | $8K | 38.81% |
| Instinet, LLC | $5K | 25.99% |
| BTIG, LLC | $5K | 21.93% |
| UBS SECURITIES LLC | $2K | 7.50% |
| BARCLAYS CAPITAL INC. | $1K | 5.76% |
C000010393 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $3.7M | 52.37% |
| BOFA SECURITIES, INC. | $1.7M | 24.50% |
| BARCLAYS CAPITAL INC. | $1.6M | 23.13% |
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.