C000078086 Fees and Costs — Mid-Cap Growth Portfolio, Class I
Data updated: 2026-08-11
The net expense ratio is 0.89%: a 0.70% management fee, a 0.20% 12b-1 fee plus 0.04% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $411K in broker commissions, 0.0422% of average net assets, and portfolio turnover was 165%.
C000078086 Fees and Expenses
Annual operating expenses and sales charges of C000078086. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.20% |
| Other expenses | 0.04% |
| Gross expense ratio | 0.94% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.89% |
| 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 |
C000078086 Costs Over Time
On $10,000 invested in C000078086, assuming 5% a year before costs, total costs come to $584 over 5 years, cutting the return by 0.98% 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 0.89%) | $93 | $292 | $506 |
| Trading costs (broker commissions) | $4 | $14 | $24 |
| Lost growth on money paid in costs | $0 | $15 | $54 |
| Total costs | $98 | $321 | $584 |
| Value after costs | $10,402 | $11,256 | $12,179 |
| Impact on return, per year | 0.98% | 0.98% | 0.98% |
C000078086 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): 0.0422%
- Total broker commissions: $411K
- Bought from dealers (principal trades, not a cost): $34.3M
- Portfolio turnover (prospectus): 165%
- Securities on loan, average value: $9.9M
- Net income from securities lending: $10K (0.001% of average net assets)
C000078086 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $250K | 63.71% |
| Virtu Americas LLC | $28K | 7.08% |
| Jefferies LLC | $25K | 6.50% |
| JonesTrading Institutional Services LLC | $21K | 5.26% |
| Goldman Sachs & Co. LLC | $17K | 4.34% |
| Tigress Financial Partners, LLC | $16K | 4.19% |
| Nomura Securities International, Inc. | $12K | 3.14% |
| BofA Securities, Inc. | $9K | 2.20% |
| J.P. Morgan Securities LLC | $7K | 1.84% |
| Morgan Stanley & Co. LLC | $7K | 1.73% |
C000078086 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $30.5M | 88.68% |
| J.P. Morgan Securities LLC | $3.9M | 11.32% |
Mid-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 |
|---|---|---|---|
| C000098958 | Class P | 0.69% | — |
| C000078086 | Class I | 0.89% | — |
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.