C000087850 Fees and Costs — Developing Growth Portfolio, Class VC
Data updated: 2026-08-28
The net expense ratio is 1.04%: a 0.75% management fee plus 0.50% other expenses, less a 0.21% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $61K in broker commissions, 0.0998% of average net assets, and portfolio turnover was 117%.
C000087850 Fees and Expenses
Annual operating expenses and sales charges of C000087850. Prospectus, as of December 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | — |
| Other expenses | 0.50% |
| Gross expense ratio | 1.25% |
| Fee waiver | −0.21% |
| Net expense ratio | 1.04% |
| 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 |
C000087850 Costs Over Time
On $10,000 invested in C000087850, assuming 5% a year before costs, total costs come to $711 over 5 years, cutting the return by 1.20% 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 1.04%) | $109 | $340 | $589 |
| Trading costs (broker commissions) | $10 | $33 | $57 |
| Lost growth on money paid in costs | $0 | $18 | $65 |
| Total costs | $120 | $391 | $711 |
| Value after costs | $10,380 | $11,185 | $12,052 |
| Impact on return, per year | 1.20% | 1.20% | 1.20% |
C000087850 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): 0.0998%
- Total broker commissions: $61K
- Bought from dealers (principal trades, not a cost): $339.9M
- Portfolio turnover (prospectus): 117%
- Securities on loan, average value: $916K
- Net income from securities lending: $11K (0.019% of average net assets)
C000087850 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $10K | 20.03% |
| Goldman Sachs & Co. LLC | $7K | 13.48% |
| BofA Securities, Inc. | $5K | 11.16% |
| Liquidnet, Inc. | $5K | 11.07% |
| Morgan Stanley & Co. LLC | $5K | 9.91% |
| J.P. Morgan Securities LLC | $4K | 9.15% |
| UBS Securities LLC | $4K | 8.44% |
| Barclays Capital Inc. | $3K | 6.96% |
| TD Securities (USA) LLC | $3K | 6.04% |
| Evercore Group L.L.C. | $2K | 3.77% |
C000087850 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $337.8M | 99.37% |
| Jefferies LLC | $780K | 0.23% |
| Morgan Stanley & Co. LLC | $569K | 0.17% |
| Barclays Capital Inc. | $385K | 0.11% |
| Piper Sandler & Co. | $207K | 0.06% |
| J.P. Morgan Securities LLC | $109K | 0.03% |
| Citigroup Global Markets Inc. | $76K | 0.02% |
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.