C000010396 Fees and Costs — Mid-Cap 1.5x Strategy Fund, Variable Annuity
Data updated: 2026-08-21
The net expense ratio is 1.81% (1.92% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $190 in broker commissions, 0.0053% of average net assets, and portfolio turnover was 20%.
C000010396 Fees and Expenses
Annual operating expenses and sales charges of C000010396. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | — |
| Other expenses | 1.00% |
| Gross expense ratio | 1.92% |
| Fee waiver | −0.11% |
| Net expense ratio | 1.81% |
| 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 |
C000010396 Costs Over Time
On $10,000 invested in C000010396, assuming 5% a year before costs, total costs come to $1,117 over 5 years, cutting the return by 1.91% 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 1.81%) | $190 | $588 | $1,011 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $29 | $103 |
| Total costs | $191 | $619 | $1,117 |
| Value after costs | $10,309 | $10,957 | $11,646 |
| Impact on return, per year | 1.91% | 1.91% | 1.91% |
C000010396 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): 0.0053%
- Total broker commissions: $190
- Bought from dealers (principal trades, not a cost): $149.8M
- Portfolio turnover (prospectus): 20%
- Securities on loan, average value: $5K
- Net income from securities lending: $24 (0.001% of average net assets)
C000010396 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Instinet, LLC | $167 | 87.98% |
| GOLDMAN SACHS & CO. LLC | $13 | 6.65% |
| BARCLAYS CAPITAL INC. | $10 | 5.30% |
| UBS SECURITIES LLC | $0 | 0.07% |
C000010396 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $63.5M | 42.41% |
| BARCLAYS CAPITAL INC. | $34.8M | 23.20% |
| BOFA SECURITIES, INC. | $28.3M | 18.92% |
| GOLDMAN SACHS & CO. LLC | $18.1M | 12.10% |
| BNP Paribas | $4.8M | 3.24% |
| BMO Capital Markets Corp. | $59K | 0.04% |
| JEFFERIES LLC | $50K | 0.03% |
| Nomura Securities International, Inc. | $49K | 0.03% |
| TENDER OFFER | $29K | 0.02% |
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.