C000098955 Fees and Costs — Large-Cap Value Portfolio, Class P
Data updated: 2026-08-11
The net expense ratio is 0.62%: a 0.61% management fee plus 0.06% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $131K in broker commissions, 0.0153% of average net assets, and portfolio turnover was 18%.
C000098955 Fees and Expenses
Annual operating expenses and sales charges of C000098955. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.61% |
| 12b-1 fee | — |
| Other expenses | 0.06% |
| Gross expense ratio | 0.67% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.62% |
| 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 |
C000098955 Costs Over Time
On $10,000 invested in C000098955, assuming 5% a year before costs, total costs come to $400 over 5 years, cutting the return by 0.67% 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 0.62%) | $65 | $204 | $355 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $10 | $37 |
| Total costs | $67 | $219 | $400 |
| Value after costs | $10,433 | $11,357 | $12,363 |
| Impact on return, per year | 0.67% | 0.67% | 0.67% |
C000098955 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): 0.0153%
- Total broker commissions: $131K
- Bought from dealers (principal trades, not a cost): $105.4M
- Portfolio turnover (prospectus): 18%
- Securities on loan, average value: $6.0M
- Net income from securities lending: $6K (0.001% of average net assets)
C000098955 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $36K | 31.07% |
| J.P. Morgan Securities LLC | $22K | 18.54% |
| Morgan Stanley & Co. LLC | $13K | 11.45% |
| BofA Securities, Inc. | $10K | 8.64% |
| Nomura Securities International, Inc. | $9K | 7.36% |
| Goldman Sachs & Co. LLC | $8K | 7.12% |
| Capital Institutional Services, Inc. | $6K | 5.04% |
| Raymond James & Associates, Inc. | $5K | 4.46% |
| UBS Securities LLC | $4K | 3.39% |
| TD Securities (USA) LLC | $3K | 2.94% |
C000098955 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $94.1M | 89.21% |
| Goldman Sachs & Co. LLC | $11.4M | 10.79% |
Large-Cap Value Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000098955 | Class P | 0.62% | — |
| C000078083 | Class I | 0.82% | — |
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.