C000022028 Fees and Costs — SA PineBridge High-Yield Bond Portfolio, Class 3
Data updated: 2026-09-28
The net expense ratio is 1.01%: a 0.64% management fee, a 0.25% 12b-1 fee plus 0.12% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 48%.
C000022028 Fees and Expenses
Annual operating expenses and sales charges of C000022028. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.64% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.12% |
| Gross expense ratio | 1.01% |
| Fee waiver | — |
| Net expense ratio | 1.01% |
| 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 |
C000022028 Costs Over Time
On $10,000 invested in C000022028, assuming 5% a year before costs, total costs come to $632 over 5 years, cutting the return by 1.06% 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 1.01%) | $106 | $331 | $574 |
| Lost growth on money paid in costs | $0 | $16 | $58 |
| Total costs | $106 | $347 | $632 |
| Value after costs | $10,394 | $11,229 | $12,131 |
| Impact on return, per year | 1.06% | 1.06% | 1.06% |
C000022028 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $398.2M
- Portfolio turnover (prospectus): 48%
- Securities lending: none during the year
C000022028 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $174.2M | 49.68% |
| J.P. Morgan Securities LLC | $45.7M | 13.05% |
| Goldman Sachs & Co. LLC | $27.1M | 7.72% |
| Citigroup Global Markets Inc. | $26.0M | 7.42% |
| BofA Securities, Inc. | $21.7M | 6.20% |
| Morgan Stanley & Co. LLC | $14.4M | 4.10% |
| Barclays Capital Inc. | $13.4M | 3.83% |
| Wells Fargo Securities, LLC | $12.6M | 3.58% |
| Jefferies LLC | $8.1M | 2.31% |
| RBC Capital Markets, LLC | $7.4M | 2.10% |
SA PineBridge High-Yield 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 |
|---|---|---|---|
| C000022026 | Class 1 | 0.76% | — |
| C000022027 | Class 2 | 0.91% | — |
| C000022028 | Class 3 | 1.01% | — |
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.