C000030623 Fees and Costs — CBRE Global Real Estate Portfolio, Class E
Data updated: 2026-08-27
The net expense ratio is 0.81%: a 0.65% management fee, a 0.15% 12b-1 fee plus 0.05% other expenses, less a 0.04% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $1.4M in broker commissions, 0.1603% of average net assets, and portfolio turnover was 98%.
C000030623 Fees and Expenses
Annual operating expenses and sales charges of C000030623. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.15% |
| Other expenses | 0.05% |
| Gross expense ratio | 0.85% |
| Fee waiver | −0.04% |
| Net expense ratio | 0.81% |
| 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 |
C000030623 Costs Over Time
On $10,000 invested in C000030623, assuming 5% a year before costs, total costs come to $607 over 5 years, cutting the return by 1.02% 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 0.81%) | $85 | $265 | $460 |
| Trading costs (broker commissions) | $17 | $53 | $91 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $102 | $334 | $607 |
| Value after costs | $10,398 | $11,243 | $12,156 |
| Impact on return, per year | 1.02% | 1.02% | 1.02% |
C000030623 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): 0.1603%
- Total broker commissions: $1.4M
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 98%
- Securities on loan, average value: $92.8M
- Net income from securities lending: $132K (0.015% of average net assets)
C000030623 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $164K | 16.90% |
| Citigroup Global Markets Inc. | $139K | 14.30% |
| UBS Securities LLC | $127K | 13.07% |
| BofA Securities, Inc. | $120K | 12.39% |
| Morgan Stanley & Co. LLC | $107K | 10.99% |
| Goldman Sachs & Co. LLC | $91K | 9.36% |
| Raymond James & Associates, Inc. | $87K | 8.93% |
| Evercore Group L.L.C. | $50K | 5.15% |
| SMBC Nikko Securities America, Inc. | $43K | 4.46% |
| Wells Fargo Securities, LLC | $43K | 4.45% |
CBRE Global Real Estate Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000030620 | Class A | 0.66% | — |
| C000030623 | Class E | 0.81% | — |
| C000030621 | Class B | 0.91% | — |
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.