C000017848 Fees and Costs — T.Rowe Price Large Cap Growth Portfolio, Class A
Data updated: 2026-08-27
The net expense ratio is 0.56%: a 0.60% management fee plus 0.02% other expenses, less a 0.06% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $155K in broker commissions, 0.0070% of average net assets, and portfolio turnover was 33%.
C000017848 Fees and Expenses
Annual operating expenses and sales charges of C000017848. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.62% |
| Fee waiver | −0.06% |
| Net expense ratio | 0.56% |
| 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 |
C000017848 Costs Over Time
On $10,000 invested in C000017848, assuming 5% a year before costs, total costs come to $358 over 5 years, cutting the return by 0.60% 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 0.56%) | $59 | $184 | $321 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $60 | $196 | $358 |
| Value after costs | $10,440 | $11,380 | $12,405 |
| Impact on return, per year | 0.60% | 0.60% | 0.60% |
C000017848 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): 0.0070%
- Total broker commissions: $155K
- Bought from dealers (principal trades, not a cost): $612.8M
- Portfolio turnover (prospectus): 33%
- Securities on loan, average value: $71.5M
- Net income from securities lending: $95K (0.004% of average net assets)
C000017848 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $26K | 21.31% |
| J.P. Morgan Securities LLC | $18K | 15.08% |
| Jefferies LLC | $16K | 12.80% |
| RBC Capital Markets, LLC | $12K | 9.73% |
| Citigroup Global Markets Inc. | $11K | 8.75% |
| BofA Securities, Inc. | $11K | 8.61% |
| Goldman Sachs & Co. LLC | $8K | 6.59% |
| BMO Capital Markets Corp. | $8K | 6.39% |
| UBS Securities LLC | $7K | 5.55% |
| Evercore Group L.L.C. | $6K | 5.19% |
C000017848 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| T. Rowe Price Investment Services, Inc. | $601.5M | 98.16% |
| J.P. Morgan Securities LLC | $5.1M | 0.83% |
| TD Securities (USA) LLC | $3.4M | 0.56% |
| Goldman Sachs & Co. LLC | $1.4M | 0.22% |
| Barclays Capital Inc. | $699K | 0.11% |
| Morgan Stanley & Co. LLC | $418K | 0.07% |
| SG Americas Securities, LLC | $304K | 0.05% |
T.Rowe Price Large Cap 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 |
|---|---|---|---|
| C000017848 | Class A | 0.56% | — |
| C000017850 | Class E | 0.71% | — |
| C000017849 | Class B | 0.81% | — |
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.