C000078111 Fees and Costs — PD Emerging Markets Index Portfolio, Class P
Data updated: 2026-08-11
The net expense ratio is 0.90%: a 0.51% management fee plus 0.74% other expenses, less a 0.35% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $99K in broker commissions, 0.1455% of average net assets, and portfolio turnover was 86%.
C000078111 Fees and Expenses
Annual operating expenses and sales charges of C000078111. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.51% |
| 12b-1 fee | — |
| Other expenses | 0.74% |
| Gross expense ratio | 1.25% |
| Fee waiver | −0.35% |
| Net expense ratio | 0.90% |
| 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 |
C000078111 Costs Over Time
On $10,000 invested in C000078111, assuming 5% a year before costs, total costs come to $653 over 5 years, cutting the return by 1.10% 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 0.90%) | $94 | $295 | $511 |
| Trading costs (broker commissions) | $15 | $48 | $83 |
| Lost growth on money paid in costs | $0 | $17 | $60 |
| Total costs | $110 | $359 | $653 |
| Value after costs | $10,390 | $11,217 | $12,109 |
| Impact on return, per year | 1.10% | 1.10% | 1.10% |
C000078111 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): 0.1455%
- Total broker commissions: $99K
- Bought from dealers (principal trades, not a cost): $2.8M
- Portfolio turnover (prospectus): 86%
- Securities on loan, average value: $0
- Net income from securities lending: $30 (0.000% of average net assets)
C000078111 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $28K | 28.52% |
| Macquarie Capital (USA) Inc. | $25K | 25.42% |
| HSBC Securities (USA) Inc. | $18K | 18.85% |
| BNP Paribas Securities Corp. | $9K | 9.35% |
| Deutsche Bank Securities Inc. | $6K | 6.01% |
| Morgan Stanley & Co. LLC | $6K | 5.87% |
| Nomura Securities International, Inc. | $2K | 2.45% |
| Goldman Sachs & Co. LLC | $1K | 1.41% |
| Companhia Brasileira de Liquidacao e Custodia | $1K | 1.24% |
| Mirae Asset Securities (USA) Inc. | $851 | 0.88% |
C000078111 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.2M | 43.82% |
| Deutsche Bank Securities Inc. | $1.2M | 42.13% |
| Citigroup Global Markets Inc. | $122K | 4.43% |
| Goldman Sachs & Co. LLC | $108K | 3.92% |
| UBS Securities LLC | $99K | 3.58% |
| Barclays Capital Inc. | $51K | 1.84% |
| BofA Securities, Inc. | $8K | 0.28% |
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.