C000078074 Fees and Costs — Small-Cap Growth Portfolio, Class I
Data updated: 2026-08-11
The net expense ratio is 0.86%: a 0.60% management fee, a 0.20% 12b-1 fee plus 0.06% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $383K in broker commissions, 0.1203% of average net assets, and portfolio turnover was 192%.
C000078074 Fees and Expenses
Annual operating expenses and sales charges of C000078074. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.20% |
| Other expenses | 0.06% |
| Gross expense ratio | 0.86% |
| Fee waiver | — |
| Net expense ratio | 0.86% |
| 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 |
C000078074 Costs Over Time
On $10,000 invested in C000078074, assuming 5% a year before costs, total costs come to $613 over 5 years, cutting the return by 1.03% 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 0.86%) | $90 | $282 | $489 |
| Trading costs (broker commissions) | $13 | $39 | $68 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $103 | $337 | $613 |
| Value after costs | $10,397 | $11,239 | $12,149 |
| Impact on return, per year | 1.03% | 1.03% | 1.03% |
C000078074 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): 0.1203%
- Total broker commissions: $383K
- Bought from dealers (principal trades, not a cost): $2.4B
- Portfolio turnover (prospectus): 192%
- Securities on loan, average value: $5.4M
- Net income from securities lending: $59K (0.019% of average net assets)
C000078074 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $170K | 51.12% |
| Jefferies LLC | $29K | 8.77% |
| J.P. Morgan Securities LLC | $25K | 7.39% |
| JonesTrading Institutional Services LLC | $23K | 7.02% |
| Goldman Sachs & Co. LLC | $23K | 6.86% |
| Morgan Stanley & Co. LLC | $17K | 4.96% |
| TD Securities (USA) LLC | $14K | 4.08% |
| BofA Securities, Inc. | $13K | 3.86% |
| BMO Capital Markets Corp. | $10K | 3.13% |
| Barclays Capital Inc. | $9K | 2.81% |
C000078074 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $2.2B | 93.62% |
| J.P. Morgan Securities LLC | $115.4M | 4.90% |
| Citigroup Global Markets Inc. | $18.5M | 0.78% |
| BNY Capital Markets, LLC | $8.2M | 0.35% |
| Goldman Sachs & Co. LLC | $2.4M | 0.10% |
| Morgan Stanley & Co. LLC | $2.2M | 0.09% |
| Jefferies LLC | $2.2M | 0.09% |
| BofA Securities, Inc. | $1.4M | 0.06% |
Small-Cap Growth Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000098947 | Class P | 0.66% | — |
| C000078074 | Class I | 0.86% | — |
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.