C000022326 Fees and Costs — Mid Cap Intrinsic Value Portfolio, Class I
Data updated: 2026-08-24
The net expense ratio is 0.85%: a 0.85% management fee plus 0.21% other expenses, less a 0.21% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $41K in broker commissions, 0.0350% of average net assets, and portfolio turnover was 19%.
C000022326 Fees and Expenses
Annual operating expenses and sales charges of C000022326. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.21% |
| Gross expense ratio | 1.06% |
| Fee waiver | −0.21% |
| Net expense ratio | 0.85% |
| 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 | Yes |
C000022326 Costs Over Time
On $10,000 invested in C000022326, assuming 5% a year before costs, total costs come to $555 over 5 years, cutting the return by 0.93% 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 0.85%) | $89 | $279 | $484 |
| Trading costs (broker commissions) | $4 | $11 | $20 |
| Lost growth on money paid in costs | $0 | $14 | $51 |
| Total costs | $93 | $305 | $555 |
| Value after costs | $10,407 | $11,272 | $12,208 |
| Impact on return, per year | 0.93% | 0.93% | 0.93% |
C000022326 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0350%
- Total broker commissions: $41K
- Bought from dealers (principal trades, not a cost): $51.4M
- Portfolio turnover (prospectus): 19%
- Securities lending: none during the year
C000022326 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $8K | 23.14% |
| National Financial Services LLC | $5K | 14.79% |
| UBS Securities LLC | $4K | 12.11% |
| Nomura Securities International, Inc. | $4K | 10.60% |
| Deutsche Bank Securities Inc. | $3K | 9.61% |
| Mirae Asset Securities (USA) Inc. | $3K | 8.41% |
| Raymond James & Associates, Inc. | $2K | 6.07% |
| Wells Fargo Securities, LLC | $2K | 6.06% |
| BMO Capital Markets Corp. | $2K | 5.32% |
| BNY Capital Markets, LLC | $1K | 3.87% |
C000022326 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $51.3M | 99.78% |
| National Financial Services LLC | $115K | 0.22% |
Mid Cap Intrinsic 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 |
|---|---|---|---|
| C000022326 | Class I | 0.85% | — |
| C000022327 | Class S | 1.10% | — |
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.