C000025794 Fees and Costs — NYLI VP Schroders Mid Cap Opportunities Portfolio, Initial Class
Data updated: 2026-08-24
The net expense ratio is 0.83%: a 0.82% management fee plus 0.04% other expenses, less a 0.03% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $358K in broker commissions, 0.0549% of average net assets, and portfolio turnover was 59%.
C000025794 Fees and Expenses
Annual operating expenses and sales charges of C000025794. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.82% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.04% |
| Gross expense ratio | 0.86% |
| Fee waiver | −0.03% |
| Net expense ratio | 0.83% |
| 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 |
C000025794 Costs Over Time
On $10,000 invested in C000025794, 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 0.83%) | $87 | $272 | $473 |
| Trading costs (broker commissions) | $6 | $18 | $31 |
| 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% |
C000025794 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): 0.0549%
- Total broker commissions: $358K
- Bought from dealers (principal trades, not a cost): $416.5M
- Portfolio turnover (prospectus): 59%
- Securities on loan, average value: $2.8M
- Net income from securities lending: $7K (0.001% of average net assets)
C000025794 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $80K | 25.42% |
| Pershing LLC | $50K | 15.97% |
| ROBERT W. BAIRD & CO. INCORPORATED | $45K | 14.32% |
| Goldman Sachs & Co. LLC | $37K | 11.76% |
| Morgan Stanley & Co. LLC | $24K | 7.51% |
| BofA Securities, Inc. | $20K | 6.32% |
| RBC Capital Markets, LLC | $17K | 5.36% |
| Wells Fargo Securities, LLC | $16K | 5.00% |
| Stifel, Nicolaus & Company, Incorporated | $13K | 4.24% |
| National Financial Services LLC | $13K | 4.10% |
C000025794 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $416.4M | 99.98% |
| Morgan Stanley & Co. LLC | $66K | 0.02% |
NYLI VP Schroders Mid Cap Opportunities Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000025794 | Initial Class | 0.83% | — |
| C000025795 | Service Class | 1.08% | — |
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.