C000074786 Fees and Costs — Large Cap Value Fund, Class II
Data updated: 2026-08-21
The net expense ratio is 0.87%: a 0.60% management fee, a 0.25% 12b-1 fee plus 0.02% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $30K in broker commissions, 0.0176% of average net assets, and portfolio turnover was 24%.
C000074786 Fees and Expenses
Annual operating expenses and sales charges of C000074786. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.87% |
| Fee waiver | — |
| Net expense ratio | 0.87% |
| 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 |
C000074786 Costs Over Time
On $10,000 invested in C000074786, assuming 5% a year before costs, total costs come to $556 over 5 years, cutting the return by 0.93% 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 0.87%) | $91 | $285 | $495 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $14 | $51 |
| Total costs | $93 | $306 | $556 |
| Value after costs | $10,407 | $11,271 | $12,206 |
| Impact on return, per year | 0.93% | 0.93% | 0.93% |
C000074786 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): 0.0176%
- Total broker commissions: $30K
- Bought from dealers (principal trades, not a cost): $631.4M
- Portfolio turnover (prospectus): 24%
- Securities lending: none during the year
C000074786 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Robert W. Baird & Co. Incorporated | $9K | 28.67% |
| SG Americas Securities, LLC | $7K | 23.79% |
| RBC Capital Markets, LLC | $7K | 22.76% |
| William Blair & Company, L.L.C. | $6K | 19.19% |
| Kezar Trading, LLC | $700 | 2.33% |
| Morgan Stanley & Co. LLC | $566 | 1.89% |
| J.P. Morgan Securities LLC | $409 | 1.36% |
C000074786 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $631.4M | 100.00% |
Large Cap Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000056039 | Class I | 0.62% | none |
| C000074786 | Class II | 0.87% | 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.