C000098964 Fees and Costs — Growth Portfolio, Class P
Data updated: 2026-08-11
The net expense ratio is 0.59%: a 0.55% management fee plus 0.04% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $152K in broker commissions, 0.0091% of average net assets, and portfolio turnover was 59%.
C000098964 Fees and Expenses
Annual operating expenses and sales charges of C000098964. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | — |
| Other expenses | 0.04% |
| Gross expense ratio | 0.59% |
| Fee waiver | — |
| Net expense ratio | 0.59% |
| 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 |
C000098964 Costs Over Time
On $10,000 invested in C000098964, assuming 5% a year before costs, total costs come to $378 over 5 years, cutting the return by 0.63% 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 0.59%) | $62 | $194 | $338 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $63 | $207 | $378 |
| Value after costs | $10,437 | $11,369 | $12,385 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
C000098964 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): 0.0091%
- Total broker commissions: $152K
- Bought from dealers (principal trades, not a cost): $3.5B
- Portfolio turnover (prospectus): 59%
- Securities on loan, average value: $1.9M
- Net income from securities lending: $3K (0.000% of average net assets)
C000098964 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $33K | 24.04% |
| Morgan Stanley & Co. LLC | $25K | 18.47% |
| Jefferies LLC | $21K | 15.43% |
| J.P. Morgan Securities LLC | $18K | 13.22% |
| Goldman Sachs & Co. LLC | $9K | 6.81% |
| UBS Securities LLC | $9K | 6.30% |
| BofA Securities, Inc. | $7K | 5.38% |
| BMO Capital Markets Corp. | $6K | 4.32% |
| TD Securities (USA) LLC | $5K | 3.75% |
| RBC Capital Markets, LLC | $3K | 2.29% |
C000098964 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $3.2B | 91.64% |
| J.P. Morgan Securities LLC | $225.7M | 6.49% |
| Citigroup Global Markets Inc. | $51.5M | 1.48% |
| BNY Capital Markets, LLC | $12.2M | 0.35% |
| Goldman Sachs & Co. LLC | $1.4M | 0.04% |
| Morgan Stanley & Co. LLC | $85K | 0.00% |
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 |
|---|---|---|---|
| C000098964 | Class P | 0.59% | — |
| C000078093 | Class I | 0.79% | — |
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.