C000056036 Fees and Costs — Core Bond Fund, Class I
Data updated: 2026-08-21
The net expense ratio is 0.58%: a 0.55% management fee plus 0.03% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 13%.
C000056036 Fees and Expenses
Annual operating expenses and sales charges of C000056036. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.03% |
| Gross expense ratio | 0.58% |
| Fee waiver | — |
| Net expense ratio | 0.58% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000056036 Costs Over Time
On $10,000 invested in C000056036, assuming 5% a year before costs, total costs come to $366 over 5 years, cutting the return by 0.61% 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 0.58%) | $61 | $191 | $332 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $61 | $200 | $366 |
| Value after costs | $10,439 | $11,376 | $12,397 |
| Impact on return, per year | 0.61% | 0.61% | 0.61% |
C000056036 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $234.0M
- Portfolio turnover (prospectus): 13%
- Securities on loan, average value: $387K
- Net income from securities lending: $1K (0.002% of average net assets)
C000056036 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $210.1M | 91.16% |
| BNY Capital Markets, LLC | $4.9M | 2.12% |
| Wells Fargo Securities, LLC | $4.7M | 2.05% |
| BofA Securities, Inc. | $3.0M | 1.32% |
| Goldman Sachs & Co. LLC | $2.2M | 0.95% |
| Citigroup Global Markets Inc. | $1.9M | 0.81% |
| Morgan Stanley & Co. LLC | $1.4M | 0.62% |
| MarketAxess Corporation | $840K | 0.36% |
| First Horizon Advisors, Inc. | $764K | 0.33% |
| J.P. Morgan Securities LLC | $643K | 0.28% |
Core Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000056036 | Class I | 0.58% | none |
| C000074783 | Class II | 0.83% | none |
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.