C000048320 Fees and Costs — AZL S&P 500 Index Fund, Class 2
Data updated: 2026-08-25
The net expense ratio is 0.50%: a 0.17% management fee, a 0.25% 12b-1 fee plus 0.08% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $37K in broker commissions, 0.0014% of average net assets, and portfolio turnover was 4%.
C000048320 Fees and Expenses
Annual operating expenses and sales charges of C000048320. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.17% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.08% |
| Gross expense ratio | 0.50% |
| Fee waiver | — |
| Net expense ratio | 0.50% |
| 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 |
C000048320 Costs Over Time
On $10,000 invested in C000048320, assuming 5% a year before costs, total costs come to $317 over 5 years, cutting the return by 0.53% 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 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $53 | $173 | $317 |
| Value after costs | $10,447 | $11,403 | $12,446 |
| Impact on return, per year | 0.53% | 0.53% | 0.53% |
C000048320 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): 0.0014%
- Total broker commissions: $37K
- Bought from dealers (principal trades, not a cost): $1.0B
- Portfolio turnover (prospectus): 4%
- Securities on loan, average value: $177K
- Net income from securities lending: $725 (0.000% of average net assets)
C000048320 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $5K | 16.50% |
| UBS Securities LLC | $5K | 15.59% |
| Citigroup Global Markets Inc. | $4K | 12.94% |
| BofA Securities, Inc. | $3K | 10.04% |
| Cowen and Company, LLC | $3K | 9.40% |
| BNP Paribas Securities Corp. | $3K | 8.64% |
| Barclays Capital Inc. | $2K | 7.30% |
| Jefferies LLC | $2K | 6.98% |
| Morgan Stanley & Co. LLC | $2K | 6.39% |
| Goldman Sachs & Co. LLC | $2K | 6.20% |
C000048320 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY Mellon Capital Markets, LLC | $953.2M | 94.66% |
| UBS Securities LLC | $53.7M | 5.34% |
| BNP Paribas Securities Corp. | $995 | 0.00% |
| Barclays Capital Inc. | $659 | 0.00% |
| BofA Securities, Inc. | $307 | 0.00% |
| Goldman Sachs & Co. LLC | $305 | 0.00% |
| Citigroup Global Markets Inc. | $24 | 0.00% |
AZL S&P 500 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 |
|---|---|---|---|
| C000048319 | Class 1 | 0.25% | — |
| C000048320 | Class 2 | 0.50% | — |
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.