C000017794 Fees and Costs — Jennison Growth Portfolio, Class B
Data updated: 2026-08-27
The net expense ratio is 0.79%: a 0.60% management fee, a 0.25% 12b-1 fee plus 0.02% other expenses, less a 0.08% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $301K in broker commissions, 0.0104% of average net assets, and portfolio turnover was 27%.
C000017794 Fees and Expenses
Annual operating expenses and sales charges of C000017794. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.87% |
| Fee waiver | −0.08% |
| Net expense ratio | 0.79% |
| 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 |
C000017794 Costs Over Time
On $10,000 invested in C000017794, assuming 5% a year before costs, total costs come to $503 over 5 years, cutting the return by 0.84% 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 0.79%) | $83 | $259 | $451 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $13 | $46 |
| Total costs | $84 | $276 | $503 |
| Value after costs | $10,416 | $11,301 | $12,260 |
| Impact on return, per year | 0.84% | 0.84% | 0.84% |
C000017794 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): 0.0104%
- Total broker commissions: $301K
- Bought from dealers (principal trades, not a cost): $820
- Portfolio turnover (prospectus): 27%
- Securities on loan, average value: $79.0M
- Net income from securities lending: $114K (0.004% of average net assets)
C000017794 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Capital Institutional Services, Inc. | $65K | 31.02% |
| TD Securities (USA) LLC | $31K | 14.58% |
| Allen & Company LLC | $21K | 10.11% |
| Evercore Group L.L.C. | $21K | 9.95% |
| Jefferies LLC | $21K | 9.80% |
| UBS Securities LLC | $12K | 5.68% |
| Barclays Capital Inc. | $10K | 5.00% |
| Piper Sandler & Co. | $10K | 4.81% |
| Guggenheim Securities, LLC | $10K | 4.64% |
| Robert W. Baird & Co. Incorporated | $9K | 4.41% |
C000017794 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Liquidnet, Inc. | $663 | 80.82% |
| Nomura Securities International, Inc. | $157 | 19.18% |
Jennison Growth Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000017793 | Class A | 0.54% | — |
| C000017795 | Class E | 0.69% | — |
| C000017794 | Class B | 0.79% | — |
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.