C000010395 Fees and Costs — Real Estate Fund, Variable Annuity
Data updated: 2026-08-21
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 $4K in broker commissions, 0.0954% of average net assets, and portfolio turnover was 269%.
C000010395 Fees and Expenses
Annual operating expenses and sales charges of C000010395. 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 |
C000010395 Costs Over Time
On $10,000 invested in C000010395, assuming 5% a year before costs, total costs come to $1,153 over 5 years, cutting the return by 1.97% 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 | $578 | $993 |
| Trading costs (broker commissions) | $10 | $31 | $53 |
| Lost growth on money paid in costs | $0 | $30 | $107 |
| Total costs | $197 | $639 | $1,153 |
| Value after costs | $10,303 | $10,937 | $11,610 |
| Impact on return, per year | 1.97% | 1.97% | 1.97% |
C000010395 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): 0.0954%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $6.4M
- Portfolio turnover (prospectus): 269%
- Securities on loan, average value: $21K
- Net income from securities lending: $481 (0.012% of average net assets)
C000010395 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Instinet, LLC | $3K | 72.66% |
| BTIG, LLC | $541 | 14.71% |
| BARCLAYS CAPITAL INC. | $412 | 11.18% |
| BOFA SECURITIES, INC. | $34 | 0.91% |
| CANTOR FITZGERALD & CO. | $20 | 0.54% |
C000010395 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $3.4M | 52.76% |
| BOFA SECURITIES, INC. | $1.5M | 23.68% |
| BARCLAYS CAPITAL INC. | $1.5M | 23.00% |
| TENDER OFFER | $35K | 0.56% |
| Instinet, LLC | $134 | 0.00% |
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.