C000010403 Fees and Costs — Commodities Strategy Fund, Variable Annuity
Data updated: 2026-08-21
The net expense ratio is 1.73% (1.96% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $6K in broker commissions, 0.1033% of average net assets, and portfolio turnover was 0%.
C000010403 Fees and Expenses
Annual operating expenses and sales charges of C000010403. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.88% |
| 12b-1 fee | — |
| Other expenses | 0.97% |
| Gross expense ratio | 1.96% |
| Fee waiver | −0.23% |
| Net expense ratio | 1.73% |
| 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 |
C000010403 Costs Over Time
On $10,000 invested in C000010403, assuming 5% a year before costs, total costs come to $1,128 over 5 years, cutting the return by 1.92% 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 1.73%) | $182 | $562 | $966 |
| Trading costs (broker commissions) | $11 | $34 | $58 |
| Lost growth on money paid in costs | $0 | $30 | $104 |
| Total costs | $192 | $625 | $1,128 |
| Value after costs | $10,308 | $10,951 | $11,635 |
| Impact on return, per year | 1.92% | 1.92% | 1.92% |
C000010403 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): 0.1033%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): $573.2M
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
C000010403 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $6K | 100.00% |
C000010403 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $291.9M | 50.93% |
| BARCLAYS CAPITAL INC. | $138.5M | 24.16% |
| BOFA SECURITIES, INC. | $135.4M | 23.62% |
| Nomura Securities International, Inc. | $4.6M | 0.81% |
| Citigroup Global Markets Inc. | $697K | 0.12% |
| UBS SECURITIES LLC | $676K | 0.12% |
| MIZUHO SECURITIES USA LLC | $500K | 0.09% |
| BMO Capital Markets Corp. | $500K | 0.09% |
| StoneX Financial Inc. | $400K | 0.07% |
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.