C000104177 Fees and Costs — 1290 VT GAMCO Mergers & Acquisitions Portfolio, Class K
Data updated: 2026-08-25
The net expense ratio is 1.07% (1.16% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $106K in broker commissions, 0.0635% of average net assets, and portfolio turnover was 177%.
C000104177 Fees and Expenses
Annual operating expenses and sales charges of C000104177. Prospectus, as of April 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.19% |
| Gross expense ratio | 1.16% |
| Fee waiver | −0.09% |
| Net expense ratio | 1.07% |
| 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 | Yes |
C000104177 Costs Over Time
On $10,000 invested in C000104177, assuming 5% a year before costs, total costs come to $707 over 5 years, cutting the return by 1.19% 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 1.07%) | $112 | $350 | $606 |
| Trading costs (broker commissions) | $7 | $21 | $36 |
| Lost growth on money paid in costs | $0 | $18 | $65 |
| Total costs | $119 | $389 | $707 |
| Value after costs | $10,381 | $11,187 | $12,056 |
| Impact on return, per year | 1.19% | 1.19% | 1.19% |
C000104177 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): 0.0635%
- Total broker commissions: $106K
- Bought from dealers (principal trades, not a cost): $316.9M
- Portfolio turnover (prospectus): 177%
- Securities on loan, average value: $3.9M
- Net income from securities lending: $97K (0.058% of average net assets)
C000104177 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $25K | 27.53% |
| BofA Securities, Inc. | $15K | 16.54% |
| UBS Securities LLC | $13K | 13.94% |
| Needham & Company, LLC | $7K | 8.09% |
| Oppenheimer & Co. Inc. | $7K | 7.20% |
| Maxim Group LLC | $6K | 6.76% |
| Allen & Company LLC | $5K | 5.80% |
| RBC Capital Markets, LLC | $5K | 5.01% |
| Wells Fargo Securities, LLC | $4K | 4.73% |
| Barclays Capital, Inc. | $4K | 4.40% |
C000104177 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $316.9M | 100.00% |
1290 VT GAMCO Mergers & Acquisitions Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000104177 | Class K | 1.07% | — |
| C000024886 | Class IB | 1.32% | — |
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.