C000031708 Fees and Costs — MML Small/Mid Cap Value Fund, Initial Class
Data updated: 2026-08-27
The net expense ratio is 0.82%: a 0.75% management fee plus 0.07% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $70K in broker commissions, 0.0573% of average net assets, and portfolio turnover was 65%.
C000031708 Fees and Expenses
Annual operating expenses and sales charges of C000031708. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.07% |
| Gross expense ratio | 0.82% |
| Fee waiver | — |
| Net expense ratio | 0.82% |
| 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 |
C000031708 Costs Over Time
On $10,000 invested in C000031708, assuming 5% a year before costs, total costs come to $550 over 5 years, cutting the return by 0.92% 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 0.82%) | $86 | $269 | $467 |
| Trading costs (broker commissions) | $6 | $19 | $33 |
| Lost growth on money paid in costs | $0 | $14 | $50 |
| Total costs | $92 | $302 | $550 |
| Value after costs | $10,408 | $11,274 | $12,213 |
| Impact on return, per year | 0.92% | 0.92% | 0.92% |
C000031708 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): 0.0573%
- Total broker commissions: $70K
- Bought from dealers (principal trades, not a cost): $250.9M
- Portfolio turnover (prospectus): 65%
- Securities on loan, average value: $5.5M
- Net income from securities lending: $8K (0.006% of average net assets)
C000031708 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $18K | 29.55% |
| Barclays Capital Inc. | $7K | 11.47% |
| BMO Capital Markets Corp. | $6K | 10.11% |
| UBS Securities LLC | $6K | 9.61% |
| Goldman Sachs & Co. LLC | $6K | 9.54% |
| J.P. Morgan Securities LLC | $5K | 8.13% |
| Morgan Stanley & Co. LLC | $5K | 8.05% |
| Wells Fargo Securities, LLC | $4K | 6.28% |
| Liquidnet, Inc. | $2K | 3.79% |
| Citigroup Global Markets Inc. | $2K | 3.46% |
C000031708 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $250.9M | 100.00% |
MML Small/Mid Cap Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000031708 | Initial Class | 0.82% | — |
| C000067766 | Service Class | 1.07% | — |
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.