C000022008 Fees and Costs — SA AB Small & Mid Cap Value Portfolio, Class 3
Data updated: 2026-09-28
The net expense ratio is 1.16%: a 0.93% management fee, a 0.25% 12b-1 fee plus 0.05% other expenses, less a 0.07% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $272K in broker commissions, 0.0576% of average net assets, and portfolio turnover was 66%.
C000022008 Fees and Expenses
Annual operating expenses and sales charges of C000022008. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.93% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.05% |
| Gross expense ratio | 1.23% |
| Fee waiver | −0.07% |
| Net expense ratio | 1.16% |
| 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 |
C000022008 Costs Over Time
On $10,000 invested in C000022008, assuming 5% a year before costs, total costs come to $758 over 5 years, cutting the return by 1.28% 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 1.16%) | $122 | $379 | $656 |
| Trading costs (broker commissions) | $6 | $19 | $33 |
| Lost growth on money paid in costs | $0 | $20 | $70 |
| Total costs | $128 | $418 | $758 |
| Value after costs | $10,372 | $11,159 | $12,005 |
| Impact on return, per year | 1.28% | 1.28% | 1.28% |
C000022008 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): 0.0576%
- Total broker commissions: $272K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 66%
- Securities lending: none during the year
C000022008 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $68K | 28.84% |
| Jefferies LLC | $29K | 12.23% |
| Barclays Capital Inc. | $24K | 10.26% |
| BMO Capital Markets Corp. | $24K | 10.23% |
| UBS Securities LLC | $23K | 9.87% |
| J.P. Morgan Securities LLC | $17K | 7.18% |
| Morgan Stanley & Co. LLC | $14K | 6.03% |
| Goldman Sachs & Co. LLC | $14K | 5.91% |
| Wells Fargo Securities, LLC | $13K | 5.63% |
| Liquidnet, Inc. | $9K | 3.81% |
SA AB Small & Mid Cap Value Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000109738 | Class 1 | 0.91% | — |
| C000022007 | Class 2 | 1.06% | — |
| C000022008 | Class 3 | 1.16% | — |
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.