C000104203 Fees and Costs — EQ/ClearBridge Select Equity Managed Volatility Portfolio, Class K
Data updated: 2026-08-25
The net expense ratio is 0.82% (0.89% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $80K in broker commissions, 0.0123% of average net assets, and portfolio turnover was 10%.
C000104203 Fees and Expenses
Annual operating expenses and sales charges of C000104203. Prospectus, as of April 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.17% |
| Gross expense ratio | 0.89% |
| Fee waiver | −0.07% |
| Net expense ratio | 0.82% |
| 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 |
C000104203 Costs Over Time
On $10,000 invested in C000104203, assuming 5% a year before costs, total costs come to $522 over 5 years, cutting the return by 0.87% 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 0.82%) | $86 | $269 | $468 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $14 | $48 |
| Total costs | $87 | $287 | $522 |
| Value after costs | $10,413 | $11,290 | $12,240 |
| Impact on return, per year | 0.87% | 0.87% | 0.87% |
C000104203 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): 0.0123%
- Total broker commissions: $80K
- Bought from dealers (principal trades, not a cost): $341.7M
- Portfolio turnover (prospectus): 10%
- Securities on loan, average value: $4.0M
- Net income from securities lending: $45K (0.007% of average net assets)
C000104203 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $11K | 20.33% |
| UBS Securities LLC | $6K | 11.70% |
| J.P. Morgan Securities LLC | $6K | 10.15% |
| Barclays Capital, Inc. | $5K | 9.52% |
| Capital Institutional Services, Inc. | $5K | 8.99% |
| Jefferies LLC | $5K | 8.72% |
| Morgan Stanley & Co. LLC | $5K | 8.35% |
| ROBERT W. BAIRD & CO. INCORPORATED | $4K | 7.93% |
| BofA Securities, Inc. | $4K | 7.24% |
| TD SECURITIES (USA) LLC | $4K | 7.08% |
C000104203 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $336.4M | 98.45% |
| Morgan Stanley & Co. LLC | $3.0M | 0.87% |
| Goldman Sachs & Co. LLC | $1.3M | 0.37% |
| Susquehanna Financial Group, LLLP | $726K | 0.21% |
| BofA Securities, Inc. | $271K | 0.08% |
| UBS Securities LLC | $27K | 0.01% |
| Citigroup Global Markets Inc. | $13K | 0.00% |
| BNP Paribas Securities Corp. | $8K | 0.00% |
| Barclays Capital, Inc. | $4K | 0.00% |
| Muriel Siebert & Co., Inc. | $812 | 0.00% |
EQ/ClearBridge Select Equity Managed Volatility Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000104203 | Class K | 0.82% | — |
| C000035603 | Class IB | 1.07% | — |
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.