C000012148 Fees and Costs — Real Estate Index Portfolio
Data updated: 2026-08-28
The net expense ratio is 0.26%: a 0.24% management fee plus 0.02% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $22K in broker commissions, 0.0020% of average net assets, and portfolio turnover was 8%.
C000012148 Fees and Expenses
Annual operating expenses and sales charges of C000012148. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.24% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.26% |
| Fee waiver | — |
| Net expense ratio | 0.26% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000012148 Costs Over Time
On $10,000 invested in C000012148, assuming 5% a year before costs, total costs come to $166 over 5 years, cutting the return by 0.28% 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 0.26%) | $27 | $86 | $150 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $4 | $15 |
| Total costs | $28 | $91 | $166 |
| Value after costs | $10,472 | $11,485 | $12,596 |
| Impact on return, per year | 0.28% | 0.28% | 0.28% |
C000012148 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): 0.0020%
- Total broker commissions: $22K
- Bought from dealers (principal trades, not a cost): $145.6M
- Portfolio turnover (prospectus): 8%
- Securities on loan, average value: $1.2M
- Net income from securities lending: $44K (0.004% of average net assets)
C000012148 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| THE GOLDMAN SACHS GROUP, INC. | $7K | 30.86% |
| BANK OF AMERICA CORPORATION | $3K | 15.90% |
| Mizuho Financial Group, Inc. | $3K | 13.78% |
| JPMORGAN CHASE & CO. | $2K | 11.04% |
| BARCLAYS PLC | $2K | 8.38% |
| MORGAN STANLEY | $2K | 7.07% |
| CITIGROUP INC. | $1K | 6.50% |
| JEFFERIES FINANCIAL GROUP INC. | $546 | 2.57% |
| Cowen and Company, LLC | $422 | 1.98% |
| WELLS FARGO & COMPANY | $410 | 1.93% |
C000012148 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Vanguard Market Liquidity Fund | $145.5M | 99.92% |
| BANK OF AMERICA CORPORATION | $121K | 0.08% |
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.