C000010402 Fees and Costs — Strengthening Dollar 2x Strategy Fund, Variable Annuity
Data updated: 2026-08-21
The net expense ratio is 2.04%: a 0.90% management fee plus 1.24% other expenses, less a 0.10% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $3K in broker commissions, 0.1855% of average net assets, and portfolio turnover was 0%.
C000010402 Fees and Expenses
Annual operating expenses and sales charges of C000010402. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | — |
| Other expenses | 1.24% |
| Gross expense ratio | 2.14% |
| Fee waiver | −0.10% |
| Net expense ratio | 2.04% |
| 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 |
C000010402 Costs Over Time
On $10,000 invested in C000010402, 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 2.04%) | $214 | $660 | $1,130 |
| Trading costs (broker commissions) | $19 | $60 | $103 |
| Lost growth on money paid in costs | $0 | $36 | $126 |
| Total costs | $234 | $756 | $1,358 |
| Value after costs | $10,266 | $10,820 | $11,404 |
| Impact on return, per year | 2.34% | 2.34% | 2.34% |
C000010402 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): 0.1855%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $424.4M
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
C000010402 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $3K | 100.00% |
C000010402 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $203.8M | 48.03% |
| BARCLAYS CAPITAL INC. | $90.8M | 21.39% |
| BOFA SECURITIES, INC. | $90.2M | 21.26% |
| GOLDMAN SACHS & CO. LLC | $36.3M | 8.56% |
| Nomura Securities International, Inc. | $2.2M | 0.53% |
| BNY MELLON CAPITAL MARKETS, LLC | $499K | 0.12% |
| CastleOak Securities, LP | $150K | 0.04% |
| StoneX Financial Inc. | $136K | 0.03% |
| BMO Capital Markets Corp. | $100K | 0.02% |
| Citigroup Global Markets Inc. | $100K | 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.