C000050283 Fees and Costs — Multi-Sector Bond Portfolio
Data updated: 2026-08-20
The net expense ratio is 0.75%: a 0.77% management fee plus 0.08% other expenses, less a 0.10% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $28K in broker commissions, 0.0021% of average net assets, and portfolio turnover was 36%.
C000050283 Fees and Expenses
Annual operating expenses and sales charges of C000050283. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.77% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.08% |
| Gross expense ratio | 0.85% |
| Fee waiver | −0.10% |
| Net expense ratio | 0.75% |
| 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 |
C000050283 Costs Over Time
On $10,000 invested in C000050283, assuming 5% a year before costs, total costs come to $473 over 5 years, cutting the return by 0.79% 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 0.75%) | $79 | $246 | $428 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $79 | $259 | $473 |
| Value after costs | $10,421 | $11,317 | $12,290 |
| Impact on return, per year | 0.79% | 0.79% | 0.79% |
C000050283 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): 0.0021%
- Total broker commissions: $28K
- Bought from dealers (principal trades, not a cost): $18.4B
- Portfolio turnover (prospectus): 36%
- Securities lending: none during the year
C000050283 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $28K | 99.96% |
| BGC Financial, L.P. | $11 | 0.04% |
C000050283 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $7.3B | 40.22% |
| Deutsche Bank Securities Inc. | $3.7B | 20.55% |
| Morgan Stanley & Co. LLC | $3.6B | 19.86% |
| CIBC World Markets Corp. | $892.4M | 4.92% |
| Scotia Capital (USA) Inc. | $606.5M | 3.35% |
| Goldman Sachs & Co. LLC | $591.9M | 3.27% |
| BNP Paribas Securities Corp. | $586.6M | 3.24% |
| J.P. Morgan Securities LLC | $500.5M | 2.76% |
| BofA Securities, Inc. | $284.3M | 1.57% |
| Wells Fargo Securities, LLC | $49.6M | 0.27% |
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.