C000067568 Fees and Costs — MML Strategic Emerging Markets Fund, Class II
Data updated: 2025-05-30
The net expense ratio is 1.25%: a 1.00% management fee plus 0.49% other expenses, less a 0.24% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $86K in broker commissions, 0.1920% of average net assets, and portfolio turnover was 35%.
C000067568 Fees and Expenses
Annual operating expenses and sales charges of C000067568. Prospectus, as of April 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.49% |
| Gross expense ratio | 1.49% |
| Fee waiver | −0.24% |
| Net expense ratio | 1.25% |
| 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 |
C000067568 Costs Over Time
On $10,000 invested in C000067568, assuming 5% a year before costs, total costs come to $894 over 5 years, cutting the return by 1.51% 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 1.25%) | $131 | $408 | $704 |
| Trading costs (broker commissions) | $20 | $63 | $108 |
| Lost growth on money paid in costs | $0 | $23 | $82 |
| Total costs | $151 | $494 | $894 |
| Value after costs | $10,349 | $11,083 | $11,869 |
| Impact on return, per year | 1.51% | 1.51% | 1.51% |
C000067568 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.1920%
- Total broker commissions: $86K
- Bought from dealers (principal trades, not a cost): $254.8M
- Portfolio turnover (prospectus): 35%
- Securities on loan, average value: $307K
- Net income from securities lending: $2K (0.003% of average net assets)
C000067568 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMorgan Chase & Co. | $14K | 21.07% |
| Bank of America Merrill Lynch | $11K | 16.13% |
| Morgan Stanley & Co. LLC | $9K | 12.85% |
| Citigroup Inc. | $8K | 12.18% |
| Jefferies LLC | $6K | 9.55% |
| The Hongkong and Shanghai Banking Corporation Limited | $6K | 8.75% |
| Goldman Sachs & Co. | $5K | 7.75% |
| Mirae Asset Securities | $3K | 4.04% |
| UBS Group AG | $3K | 3.98% |
| Hanwa Investment & Securities Co., Ltd. | $2K | 3.69% |
C000067568 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $254.4M | 99.85% |
| Bank of America Merrill Lynch | $176K | 0.07% |
| Goldman Sachs & Co. | $82K | 0.03% |
| Euroclear Bank SA/NV | $54K | 0.02% |
| Axos Clearing, LLC | $39K | 0.02% |
| The Bank of New York | $25K | 0.01% |
| National Financial Services LLC | $1K | 0.00% |
| Banco Santander, S.A. | $0 | 0.00% |
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.