C000104214 Fees and Costs — ATM International Managed Volatility Portfolio, Class K
Data updated: 2026-08-25
The net expense ratio is 0.65%: a 0.45% management fee plus 0.20% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $96K in broker commissions, 0.0081% of average net assets, and portfolio turnover was 3%.
C000104214 Fees and Expenses
Annual operating expenses and sales charges of C000104214. Prospectus, as of April 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.20% |
| Gross expense ratio | 0.65% |
| Fee waiver | — |
| Net expense ratio | 0.65% |
| 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 |
C000104214 Costs Over Time
On $10,000 invested in C000104214, assuming 5% a year before costs, total costs come to $414 over 5 years, cutting the return by 0.69% 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 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $69 | $227 | $414 |
| Value after costs | $10,431 | $11,349 | $12,348 |
| Impact on return, per year | 0.69% | 0.69% | 0.69% |
C000104214 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): 0.0081%
- Total broker commissions: $96K
- Bought from dealers (principal trades, not a cost): $19.3M
- Portfolio turnover (prospectus): 3%
- Securities on loan, average value: $25.0M
- Net income from securities lending: $115K (0.010% of average net assets)
C000104214 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $24K | 26.65% |
| J.P. Morgan Securities LLC | $19K | 21.47% |
| Barclays Capital, Inc. | $15K | 16.46% |
| Citigroup Global Markets Inc. | $7K | 8.11% |
| UBS Securities LLC | $7K | 7.28% |
| Morgan Stanley & Co. LLC | $5K | 5.51% |
| BofA Securities, Inc. | $5K | 4.97% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $4K | 3.94% |
| BNP Paribas Securities Corp. | $3K | 3.33% |
| RBC Capital Markets, LLC | $2K | 2.27% |
C000104214 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $10.3M | 53.52% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $8.5M | 44.04% |
| BofA Securities, Inc. | $470K | 2.43% |
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.