C000078077 Fees and Costs — Large-Cap Core Portfolio, Class I
Data updated: 2026-08-11
The net expense ratio is 0.69%: a 0.45% management fee, a 0.20% 12b-1 fee plus 0.04% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $255K in broker commissions, 0.0099% of average net assets, and portfolio turnover was 42%.
C000078077 Fees and Expenses
Annual operating expenses and sales charges of C000078077. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.20% |
| Other expenses | 0.04% |
| Gross expense ratio | 0.69% |
| Fee waiver | — |
| Net expense ratio | 0.69% |
| 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 |
C000078077 Costs Over Time
On $10,000 invested in C000078077, assuming 5% a year before costs, total costs come to $440 over 5 years, cutting the return by 0.73% 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 0.69%) | $72 | $227 | $394 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $73 | $241 | $440 |
| Value after costs | $10,427 | $11,335 | $12,322 |
| Impact on return, per year | 0.73% | 0.73% | 0.73% |
C000078077 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): 0.0099%
- Total broker commissions: $255K
- Bought from dealers (principal trades, not a cost): $31.6M
- Portfolio turnover (prospectus): 42%
- Securities on loan, average value: $3.1M
- Net income from securities lending: $6K (0.000% of average net assets)
C000078077 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $43K | 19.78% |
| Citigroup Global Markets Inc. | $37K | 16.85% |
| Barclays Capital Inc. | $29K | 13.43% |
| UBS Securities LLC | $28K | 12.76% |
| Goldman Sachs & Co. LLC | $23K | 10.40% |
| RBC Capital Markets, LLC | $15K | 6.82% |
| Jefferies LLC | $14K | 6.29% |
| Morgan Stanley & Co. LLC | $13K | 6.05% |
| BMO Capital Markets Corp. | $8K | 3.81% |
| Virtu Americas LLC | $8K | 3.81% |
C000078077 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $19.4M | 61.48% |
| Goldman Sachs & Co. LLC | $12.2M | 38.52% |
Large-Cap Core Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000098949 | Class P | 0.49% | — |
| C000078077 | Class I | 0.69% | — |
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.