C000012158 Fees and Costs — High-Yield Bond Portfolio
Data updated: 2026-08-28
The net expense ratio is 0.24%: a 0.22% management fee plus 0.02% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 46%.
C000012158 Fees and Expenses
Annual operating expenses and sales charges of C000012158. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.22% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.24% |
| Fee waiver | — |
| Net expense ratio | 0.24% |
| 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 |
C000012158 Costs Over Time
On $10,000 invested in C000012158, assuming 5% a year before costs, total costs come to $152 over 5 years, cutting the return by 0.25% 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 0.24%) | $25 | $79 | $139 |
| Lost growth on money paid in costs | $0 | $4 | $14 |
| Total costs | $25 | $83 | $152 |
| Value after costs | $10,475 | $11,493 | $12,610 |
| Impact on return, per year | 0.25% | 0.25% | 0.25% |
C000012158 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): $6.0B
- Portfolio turnover (prospectus): 46%
- Securities lending: none during the year
C000012158 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BANK OF AMERICA CORPORATION | $5.1B | 86.45% |
| Vanguard Market Liquidity Fund | $353.7M | 5.98% |
| JPMORGAN CHASE & CO. | $101.2M | 1.71% |
| THE GOLDMAN SACHS GROUP, INC. | $81.6M | 1.38% |
| MORGAN STANLEY | $70.8M | 1.20% |
| CITIGROUP INC. | $68.4M | 1.16% |
| WELLS FARGO & COMPANY | $47.1M | 0.80% |
| BARCLAYS PLC | $38.0M | 0.64% |
| DEUTSCHE BANK AKTIENGESELLSCHAFT | $20.7M | 0.35% |
| CITADEL SECURITIES LP | $20.3M | 0.34% |
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.