C000025816 Fees and Costs — NYLI VP S&P 500 Index Portfolio, Initial Class
Data updated: 2026-08-24
The net expense ratio is 0.12%: a 0.15% management fee plus 0.04% other expenses, less a 0.07% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $41K in broker commissions, 0.0008% of average net assets, and portfolio turnover was 1%.
C000025816 Fees and Expenses
Annual operating expenses and sales charges of C000025816. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.04% |
| Gross expense ratio | 0.19% |
| Fee waiver | −0.07% |
| Net expense ratio | 0.12% |
| 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 |
C000025816 Costs Over Time
On $10,000 invested in C000025816, assuming 5% a year before costs, total costs come to $77 over 5 years, cutting the return by 0.13% 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 0.12%) | $13 | $40 | $69 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $2 | $7 |
| Total costs | $13 | $42 | $77 |
| Value after costs | $10,487 | $11,534 | $12,686 |
| Impact on return, per year | 0.13% | 0.13% | 0.13% |
C000025816 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): 0.0008%
- Total broker commissions: $41K
- Bought from dealers (principal trades, not a cost): $1.4B
- Portfolio turnover (prospectus): 1%
- Securities on loan, average value: $9.6M
- Net income from securities lending: $24K (0.000% of average net assets)
C000025816 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $11K | 27.71% |
| Instinet, LLC | $10K | 24.16% |
| Goldman Sachs & Co. LLC | $9K | 22.85% |
| Virtu Americas LLC | $6K | 15.12% |
| Citadel Securities LLC | $4K | 10.16% |
C000025816 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $843.7M | 60.97% |
| BofA Securities, Inc. | $309.8M | 22.39% |
| Citadel Securities LLC | $125.5M | 9.07% |
| J.P. Morgan Securities LLC | $104.9M | 7.58% |
NYLI VP S&P 500 Index Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000025816 | Initial Class | 0.12% | — |
| C000025817 | Service Class | 0.37% | — |
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.