C000010397 Fees and Costs — Russell 2000 1.5x Strategy Fund, Variable Annuity
Data updated: 2026-08-21
The net expense ratio is 1.87% (1.99% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $182 in broker commissions, 0.0066% of average net assets, and portfolio turnover was 5%.
C000010397 Fees and Expenses
Annual operating expenses and sales charges of C000010397. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | — |
| Other expenses | 1.02% |
| Gross expense ratio | 1.99% |
| Fee waiver | −0.12% |
| Net expense ratio | 1.87% |
| 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 |
C000010397 Costs Over Time
On $10,000 invested in C000010397, 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 1.87%) | $196 | $607 | $1,043 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $30 | $107 |
| Total costs | $197 | $640 | $1,153 |
| Value after costs | $10,303 | $10,937 | $11,609 |
| Impact on return, per year | 1.97% | 1.97% | 1.97% |
C000010397 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): 0.0066%
- Total broker commissions: $182
- Bought from dealers (principal trades, not a cost): $137.2M
- Portfolio turnover (prospectus): 5%
- Securities on loan, average value: $151K
- Net income from securities lending: $451 (0.016% of average net assets)
C000010397 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Instinet, LLC | $97 | 53.04% |
| GOLDMAN SACHS & CO. LLC | $85 | 46.94% |
| Sanford C. Bernstein & Co., LLC | $0 | 0.02% |
C000010397 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $55.1M | 40.20% |
| BARCLAYS CAPITAL INC. | $33.1M | 24.16% |
| BOFA SECURITIES, INC. | $26.4M | 19.24% |
| GOLDMAN SACHS & CO. LLC | $16.3M | 11.89% |
| BNP Paribas | $5.9M | 4.27% |
| StoneX Financial Inc. | $150K | 0.11% |
| BMO Capital Markets Corp. | $100K | 0.07% |
| Nomura Securities International, Inc. | $49K | 0.04% |
| TENDER OFFER | $30K | 0.02% |
| Instinet, LLC | $96 | 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.