C000025826 Fees and Costs — NYLI VP MacKay High Yield Corporate Bond Portfolio, Initial Class
Data updated: 2026-08-24
The net expense ratio is 0.58%: a 0.57% management fee plus 0.03% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $184 in broker commissions, and portfolio turnover was 30%.
C000025826 Fees and Expenses
Annual operating expenses and sales charges of C000025826. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.57% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.03% |
| Gross expense ratio | 0.59% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.58% |
| 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 |
C000025826 Costs Over Time
On $10,000 invested in C000025826, assuming 5% a year before costs, total costs come to $366 over 5 years, cutting the return by 0.61% 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 0.58%) | $61 | $191 | $332 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $61 | $200 | $366 |
| Value after costs | $10,439 | $11,376 | $12,397 |
| Impact on return, per year | 0.61% | 0.61% | 0.61% |
C000025826 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): —
- Total broker commissions: $184
- Bought from dealers (principal trades, not a cost): $1.5B
- Portfolio turnover (prospectus): 30%
- Securities lending: none during the year
C000025826 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital, Inc. | $129 | 70.30% |
| BofA Securities, Inc. | $54 | 29.70% |
| J.P. Morgan Securities LLC | $0 | 0.01% |
C000025826 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $280.5M | 22.15% |
| Goldman Sachs & Co. LLC | $248.7M | 19.65% |
| BofA Securities, Inc. | $166.3M | 13.14% |
| Wells Fargo Securities, LLC | $127.9M | 10.11% |
| Citigroup Global Markets Inc. | $112.6M | 8.90% |
| Morgan Stanley & Co. LLC | $104.9M | 8.29% |
| Barclays Capital, Inc. | $88.7M | 7.01% |
| UBS Securities LLC | $52.2M | 4.12% |
| RBC Capital Markets, LLC | $42.2M | 3.33% |
| Jefferies LLC | $41.8M | 3.30% |
NYLI VP MacKay High Yield Corporate 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 |
|---|---|---|---|
| C000025826 | Initial Class | 0.58% | — |
| C000025827 | Service Class | 0.83% | — |
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.