C000022037 Fees and Costs — SA MFS Total Return Portfolio, Class 3
Data updated: 2026-09-28
The net expense ratio is 0.96%: a 0.66% management fee, a 0.25% 12b-1 fee plus 0.05% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $35K in broker commissions, 0.0072% of average net assets, and portfolio turnover was 25%.
C000022037 Fees and Expenses
Annual operating expenses and sales charges of C000022037. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.66% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.05% |
| Gross expense ratio | 0.96% |
| Fee waiver | — |
| Net expense ratio | 0.96% |
| 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 |
C000022037 Costs Over Time
On $10,000 invested in C000022037, assuming 5% a year before costs, total costs come to $605 over 5 years, cutting the return by 1.02% 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 0.96%) | $101 | $315 | $546 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $16 | $55 |
| Total costs | $102 | $333 | $605 |
| Value after costs | $10,398 | $11,244 | $12,157 |
| Impact on return, per year | 1.02% | 1.02% | 1.02% |
C000022037 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): 0.0072%
- Total broker commissions: $35K
- Bought from dealers (principal trades, not a cost): $1.9B
- Portfolio turnover (prospectus): 25%
- Securities lending: none during the year
C000022037 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $7K | 23.34% |
| BofA Securities, Inc. | $6K | 20.35% |
| Goldman Sachs & Co. LLC | $4K | 12.18% |
| National Financial Services LLC | $3K | 8.65% |
| Jefferies LLC | $2K | 7.49% |
| Citigroup Global Markets Inc. | $2K | 6.57% |
| BMO Capital Markets Corp. | $2K | 6.51% |
| Morgan Stanley & Co. LLC | $2K | 5.69% |
| UBS Securities LLC | $2K | 5.65% |
| RBC Capital Markets, LLC | $1K | 3.55% |
C000022037 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $1.4B | 79.17% |
| J.P. Morgan Securities LLC | $150.1M | 8.20% |
| BofA Securities, Inc. | $78.3M | 4.28% |
| Wells Fargo Securities, LLC | $74.5M | 4.07% |
| Citigroup Global Markets Inc. | $39.6M | 2.16% |
| Morgan Stanley & Co. LLC | $14.8M | 0.81% |
| BNY Capital Markets, LLC | $11.3M | 0.62% |
| Goldman Sachs & Co. LLC | $5.3M | 0.29% |
| BMO Capital Markets Corp. | $3.6M | 0.20% |
| Citadel Securities LLC | $3.5M | 0.19% |
SA MFS Total Return Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000022035 | Class 1 | 0.71% | — |
| C000022036 | Class 2 | 0.86% | — |
| C000022037 | Class 3 | 0.96% | — |
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.