C000025822 Fees and Costs — NYLI VP MacKay U.S. Infrastructure Bond Portfolio, Initial Class
Data updated: 2026-08-24
The net expense ratio is 0.57%: a 0.50% management fee plus 0.07% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $982 in broker commissions, 0.0004% of average net assets, and portfolio turnover was 85%.
C000025822 Fees and Expenses
Annual operating expenses and sales charges of C000025822. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.07% |
| Gross expense ratio | 0.57% |
| Fee waiver | — |
| Net expense ratio | 0.57% |
| 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 |
C000025822 Costs Over Time
On $10,000 invested in C000025822, assuming 5% a year before costs, total costs come to $360 over 5 years, cutting the return by 0.60% 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 0.57%) | $60 | $188 | $327 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $60 | $197 | $360 |
| Value after costs | $10,440 | $11,379 | $12,403 |
| Impact on return, per year | 0.60% | 0.60% | 0.60% |
C000025822 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): 0.0004%
- Total broker commissions: $982
- Bought from dealers (principal trades, not a cost): $673.9M
- Portfolio turnover (prospectus): 85%
- Securities lending: none during the year
C000025822 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $982 | 100.00% |
C000025822 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $344.4M | 56.00% |
| BofA Securities, Inc. | $85.2M | 13.85% |
| Wells Fargo Securities, LLC | $59.9M | 9.75% |
| RBC Capital Markets, LLC | $41.0M | 6.67% |
| Morgan Stanley & Co. LLC | $22.3M | 3.62% |
| Jefferies LLC | $16.2M | 2.63% |
| Raymond James & Associates, Inc. | $14.6M | 2.37% |
| Barclays Capital, Inc. | $12.4M | 2.01% |
| First Horizon Advisors, Inc. | $10.4M | 1.68% |
| UBS Securities LLC | $8.7M | 1.42% |
NYLI VP MacKay U.S. Infrastructure 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 |
|---|---|---|---|
| C000025822 | Initial Class | 0.57% | — |
| C000025823 | Service Class | 0.82% | — |
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.