C000021986 Fees and Costs — SA Federated Hermes Corporate Bond Portfolio, Class 3
Data updated: 2026-09-28
The net expense ratio is 0.80%: a 0.52% 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 $4K in broker commissions, 0.0002% of average net assets, and portfolio turnover was 31%.
C000021986 Fees and Expenses
Annual operating expenses and sales charges of C000021986. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.52% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.03% |
| Gross expense ratio | 0.80% |
| Fee waiver | — |
| Net expense ratio | 0.80% |
| 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 |
C000021986 Costs Over Time
On $10,000 invested in C000021986, 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 0.80%) | $84 | $263 | $456 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| 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% |
C000021986 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): 0.0002%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $830.9M
- Portfolio turnover (prospectus): 31%
- Securities lending: none during the year
C000021986 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $4K | 99.97% |
| Nomura Securities International, Inc. | $1 | 0.03% |
C000021986 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $372.0M | 51.03% |
| BofA Securities, Inc. | $61.8M | 8.47% |
| TD Securities (USA) LLC | $49.1M | 6.74% |
| Citadel Securities LLC | $49.0M | 6.72% |
| Wells Fargo Securities, LLC | $43.6M | 5.98% |
| Jefferies LLC | $34.9M | 4.79% |
| J.P. Morgan Securities LLC | $32.0M | 4.38% |
| Morgan Stanley & Co. LLC | $31.8M | 4.37% |
| Jane Street Execution Services, LLC | $29.8M | 4.08% |
| Goldman Sachs & Co. LLC | $25.1M | 3.44% |
SA Federated Hermes Corporate Bond Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000021984 | Class 1 | 0.55% | — |
| C000021985 | Class 2 | 0.70% | — |
| C000021986 | Class 3 | 0.80% | — |
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.