C000078073 Fees and Costs — International Large-Cap Portfolio, Class I
Data updated: 2026-08-11
The net expense ratio is 1.00%: a 0.77% management fee, a 0.20% 12b-1 fee plus 0.06% other expenses, less a 0.03% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $299K in broker commissions, 0.0247% of average net assets, and portfolio turnover was 18%.
C000078073 Fees and Expenses
Annual operating expenses and sales charges of C000078073. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.77% |
| 12b-1 fee | 0.20% |
| Other expenses | 0.06% |
| Gross expense ratio | 1.03% |
| Fee waiver | −0.03% |
| Net expense ratio | 1.00% |
| 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 |
C000078073 Costs Over Time
On $10,000 invested in C000078073, assuming 5% a year before costs, total costs come to $641 over 5 years, cutting the return by 1.08% 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 1.00%) | $105 | $328 | $568 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $108 | $352 | $641 |
| Value after costs | $10,392 | $11,224 | $12,122 |
| Impact on return, per year | 1.08% | 1.08% | 1.08% |
C000078073 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): 0.0247%
- Total broker commissions: $299K
- Bought from dealers (principal trades, not a cost): $2.3B
- Portfolio turnover (prospectus): 18%
- Securities on loan, average value: $3.4M
- Net income from securities lending: $39K (0.003% of average net assets)
C000078073 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $81K | 29.32% |
| BofA Securities, Inc. | $43K | 15.54% |
| J.P. Morgan Securities LLC | $27K | 9.76% |
| RBC Capital Markets, LLC | $23K | 8.26% |
| UBS Securities LLC | $22K | 7.87% |
| Morgan Stanley & Co. LLC | $22K | 7.82% |
| Goldman Sachs & Co. LLC | $19K | 7.06% |
| Barclays Capital Inc. | $15K | 5.44% |
| Jefferies LLC | $13K | 4.60% |
| BNP Paribas Securities Corp. | $12K | 4.32% |
C000078073 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $2.1B | 94.15% |
| J.P. Morgan Securities LLC | $130.0M | 5.74% |
| BNY Capital Markets, LLC | $2.6M | 0.11% |
International Large-Cap Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000098946 | Class P | 0.80% | — |
| C000078073 | Class I | 1.00% | — |
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.