C000012159 Fees and Costs — International Portfolio
Data updated: 2026-08-28
The net expense ratio is 0.32%: a 0.30% management fee plus 0.02% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $549K in broker commissions, 0.0172% of average net assets, and portfolio turnover was 20%.
C000012159 Fees and Expenses
Annual operating expenses and sales charges of C000012159. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.32% |
| Fee waiver | — |
| Net expense ratio | 0.32% |
| 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 |
C000012159 Costs Over Time
On $10,000 invested in C000012159, assuming 5% a year before costs, total costs come to $214 over 5 years, cutting the return by 0.35% 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 0.32%) | $34 | $106 | $184 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $5 | $19 |
| Total costs | $35 | $117 | $214 |
| Value after costs | $10,465 | $11,460 | $12,549 |
| Impact on return, per year | 0.35% | 0.35% | 0.35% |
C000012159 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): 0.0172%
- Total broker commissions: $549K
- Bought from dealers (principal trades, not a cost): $1.7B
- Portfolio turnover (prospectus): 20%
- Securities on loan, average value: $4.8M
- Net income from securities lending: $49K (0.002% of average net assets)
C000012159 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $91K | 20.90% |
| UBS GROUP AG | $81K | 18.44% |
| THE GOLDMAN SACHS GROUP, INC. | $62K | 14.20% |
| BANK OF AMERICA CORPORATION | $48K | 11.05% |
| JPMORGAN CHASE & CO. | $44K | 10.17% |
| CITIGROUP INC. | $25K | 5.78% |
| BARCLAYS PLC | $24K | 5.56% |
| Daiwa Securities Group Inc. | $23K | 5.34% |
| JEFFERIES FINANCIAL GROUP INC. | $20K | 4.51% |
| Danske Bank A/S | $18K | 4.05% |
C000012159 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Vanguard Market Liquidity Fund | $1.7B | 99.67% |
| JPMORGAN CHASE & CO. | $5.5M | 0.33% |
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.