C000078110 Fees and Costs — PD International Large-Cap Index Portfolio, Class P
Data updated: 2026-08-11
The net expense ratio is 0.23%: a 0.21% management fee plus 0.08% other expenses, less a 0.06% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $66K in broker commissions, 0.0086% of average net assets, and portfolio turnover was 14%.
C000078110 Fees and Expenses
Annual operating expenses and sales charges of C000078110. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.21% |
| 12b-1 fee | — |
| Other expenses | 0.08% |
| Gross expense ratio | 0.29% |
| Fee waiver | −0.06% |
| Net expense ratio | 0.23% |
| 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 |
C000078110 Costs Over Time
On $10,000 invested in C000078110, assuming 5% a year before costs, total costs come to $152 over 5 years, cutting the return by 0.25% 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 0.23%) | $24 | $76 | $133 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $4 | $14 |
| Total costs | $25 | $83 | $152 |
| Value after costs | $10,475 | $11,494 | $12,611 |
| Impact on return, per year | 0.25% | 0.25% | 0.25% |
C000078110 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): 0.0086%
- Total broker commissions: $66K
- Bought from dealers (principal trades, not a cost): $113.8M
- Portfolio turnover (prospectus): 14%
- Securities on loan, average value: $9.6M
- Net income from securities lending: $57K (0.008% of average net assets)
C000078110 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Deutsche Bank Securities Inc. | $32K | 48.80% |
| Goldman Sachs & Co. LLC | $12K | 18.64% |
| Barclays Capital Inc. | $7K | 10.04% |
| UBS Securities LLC | $4K | 6.46% |
| BofA Securities, Inc. | $4K | 6.36% |
| Jefferies LLC | $4K | 5.76% |
| Citigroup Global Markets Inc. | $1K | 2.24% |
| State Street Bank and Trust Company | $1K | 1.56% |
| Daiwa Capital Markets America Inc. | $46 | 0.07% |
| BMO Capital Markets Corp. | $45 | 0.07% |
C000078110 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $42.6M | 37.73% |
| Deutsche Bank Securities Inc. | $30.2M | 26.70% |
| Jefferies LLC | $15.0M | 13.32% |
| BofA Securities, Inc. | $14.9M | 13.22% |
| CIBC World Markets Corp. | $5.2M | 4.64% |
| Barclays Capital Inc. | $1.3M | 1.16% |
| State Street Bank and Trust Company | $1.3M | 1.12% |
| Citigroup Global Markets Inc. | $1.0M | 0.92% |
| Goldman Sachs & Co. LLC | $745K | 0.66% |
| UBS Securities LLC | $614K | 0.54% |
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.