C000010414 Fees and Costs — Inverse Mid-Cap Strategy Fund, Variable Annuity
Data updated: 2026-08-27
The net expense ratio is 1.89% (2.03% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 0%.
C000010414 Fees and Expenses
Annual operating expenses and sales charges of C000010414. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | — |
| Other expenses | 1.04% |
| Gross expense ratio | 2.03% |
| Fee waiver | −0.14% |
| Net expense ratio | 1.89% |
| 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 |
C000010414 Costs Over Time
On $10,000 invested in C000010414, assuming 5% a year before costs, total costs come to $1,161 over 5 years, cutting the return by 1.98% 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 1.89%) | $198 | $613 | $1,054 |
| Lost growth on money paid in costs | $0 | $31 | $107 |
| Total costs | $198 | $644 | $1,161 |
| Value after costs | $10,302 | $10,932 | $11,601 |
| Impact on return, per year | 1.98% | 1.98% | 1.98% |
C000010414 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $19.4M
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
C000010414 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $9.6M | 49.26% |
| BOFA SECURITIES, INC. | $4.0M | 20.44% |
| BARCLAYS CAPITAL INC. | $3.9M | 20.32% |
| GOLDMAN SACHS & CO. LLC | $1.6M | 8.07% |
| BNP Paribas | $301K | 1.55% |
| Nomura Securities International, Inc. | $30K | 0.15% |
| TD SECURITIES (USA) LLC | $15K | 0.08% |
| ACADEMY SECURITIES, INC | $15K | 0.08% |
| BMO Capital Markets Corp. | $10K | 0.05% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.