C000027861 Fees and Costs — Series Z (Alpha Opportunity Series), Variable Annuity
Data updated: 2024-08-29
The net expense ratio is 1.98%: a 0.90% management fee, a 0.25% 12b-1 fee plus 3.29% other expenses, less a 2.46% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $4K in broker commissions, 0.1252% of average net assets, and portfolio turnover was 0%.
C000027861 Fees and Expenses
Annual operating expenses and sales charges of C000027861. Prospectus, as of April 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | 0.25% |
| Other expenses | 3.29% |
| Gross expense ratio | 4.44% |
| Fee waiver | −2.46% |
| Net expense ratio | 1.98% |
| 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 |
C000027861 Costs Over Time
On $10,000 invested in C000027861, assuming 5% a year before costs, total costs come to $1,288 over 5 years, cutting the return by 2.21% 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 1.98%) | $208 | $641 | $1,099 |
| Trading costs (broker commissions) | $13 | $41 | $70 |
| Lost growth on money paid in costs | $0 | $34 | $119 |
| Total costs | $221 | $716 | $1,288 |
| Value after costs | $10,279 | $10,860 | $11,475 |
| Impact on return, per year | 2.21% | 2.21% | 2.21% |
C000027861 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.1252%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $48K
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
C000027861 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $4K | 93.53% |
| Citigroup Global Markets Inc. | $216 | 4.81% |
| Morgan Stanley & Co. LLC | $70 | 1.55% |
| WILLIAM BLAIR | $4 | 0.09% |
| BLOOMBERG TRADEBOOK LLC | $1 | 0.01% |
C000027861 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $36K | 73.52% |
| J.P. MORGAN SECURITIES LLC | $13K | 26.48% |
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.