C000021959 Fees and Costs — SA JPMorgan Equity-Income Portfolio, Class 3
Data updated: 2026-09-28
The net expense ratio is 0.84%: a 0.56% management fee, a 0.25% 12b-1 fee plus 0.03% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $86K in broker commissions, 0.0103% of average net assets, and portfolio turnover was 25%.
C000021959 Fees and Expenses
Annual operating expenses and sales charges of C000021959. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.56% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.03% |
| Gross expense ratio | 0.84% |
| Fee waiver | — |
| Net expense ratio | 0.84% |
| 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 |
C000021959 Costs Over Time
On $10,000 invested in C000021959, assuming 5% a year before costs, total costs come to $533 over 5 years, cutting the return by 0.89% 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 0.84%) | $88 | $276 | $479 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $14 | $49 |
| Total costs | $89 | $293 | $533 |
| Value after costs | $10,411 | $11,283 | $12,229 |
| Impact on return, per year | 0.89% | 0.89% | 0.89% |
C000021959 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending January 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0103%
- Total broker commissions: $86K
- Bought from dealers (principal trades, not a cost): $274.2M
- Portfolio turnover (prospectus): 25%
- Securities lending: none during the year
C000021959 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $12K | 18.62% |
| BofA Securities, Inc. | $10K | 16.42% |
| Barclays Capital Inc. | $8K | 12.22% |
| Citigroup Global Markets Inc. | $7K | 10.57% |
| Virtu Americas LLC | $5K | 8.17% |
| UBS Securities LLC | $5K | 8.10% |
| Jefferies LLC | $5K | 7.83% |
| Goldman Sachs & Co. LLC | $4K | 6.90% |
| Evercore Group L.L.C. | $4K | 5.87% |
| RBC Capital Markets, LLC | $3K | 5.30% |
C000021959 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $274.2M | 100.00% |
SA JPMorgan Equity-Income Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000021957 | Class 1 | 0.59% | — |
| C000021958 | Class 2 | 0.74% | — |
| C000021959 | Class 3 | 0.84% | — |
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.