C000048313 Fees and Costs — AZL Small Cap Stock Index Fund, Class 2
Data updated: 2026-08-25
The net expense ratio is 0.61%: a 0.26% management fee, a 0.25% 12b-1 fee plus 0.10% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $57K in broker commissions, 0.0130% of average net assets, and portfolio turnover was 22%.
C000048313 Fees and Expenses
Annual operating expenses and sales charges of C000048313. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.26% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.10% |
| Gross expense ratio | 0.61% |
| Fee waiver | — |
| Net expense ratio | 0.61% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000048313 Costs Over Time
On $10,000 invested in C000048313, assuming 5% a year before costs, total costs come to $393 over 5 years, cutting the return by 0.65% 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 0.61%) | $64 | $201 | $349 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $65 | $215 | $393 |
| Value after costs | $10,435 | $11,361 | $12,370 |
| Impact on return, per year | 0.65% | 0.65% | 0.65% |
C000048313 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): 0.0130%
- Total broker commissions: $57K
- Bought from dealers (principal trades, not a cost): $184.3M
- Portfolio turnover (prospectus): 22%
- Securities on loan, average value: $5.0M
- Net income from securities lending: $39K (0.009% of average net assets)
C000048313 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $9K | 17.51% |
| Citigroup Global Markets Inc. | $8K | 16.60% |
| Jefferies LLC | $6K | 12.29% |
| UBS Securities LLC | $5K | 10.85% |
| BofA Securities, Inc. | $5K | 9.67% |
| Barclays Capital Inc. | $4K | 8.06% |
| BNP Paribas Securities Corp. | $4K | 7.65% |
| Cowen and Company, LLC | $4K | 7.00% |
| Morgan Stanley & Co. LLC | $3K | 6.08% |
| Piper Sandler & Co. | $2K | 4.28% |
C000048313 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY Mellon Capital Markets, LLC | $173.9M | 94.33% |
| UBS Securities LLC | $10.4M | 5.67% |
| Citigroup Global Markets Inc. | $176 | 0.00% |
AZL Small Cap Stock Index Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000173956 | Class 1 | 0.36% | — |
| C000048313 | Class 2 | 0.61% | — |
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.