C000104215 Fees and Costs — ATM Large Cap Managed Volatility Portfolio, Class K
Data updated: 2026-08-25
The net expense ratio is 0.59%: a 0.44% management fee plus 0.15% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $72K in broker commissions, 0.0026% of average net assets, and portfolio turnover was 2%.
C000104215 Fees and Expenses
Annual operating expenses and sales charges of C000104215. Prospectus, as of April 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.44% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.15% |
| 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 | No |
| Waived fees subject to recoupment | No |
C000104215 Costs Over Time
On $10,000 invested in C000104215, assuming 5% a year before costs, total costs come to $374 over 5 years, cutting the return by 0.62% 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) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $10 | $34 |
| Total costs | $62 | $205 | $374 |
| Value after costs | $10,438 | $11,372 | $12,389 |
| Impact on return, per year | 0.62% | 0.62% | 0.62% |
C000104215 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): 0.0026%
- Total broker commissions: $72K
- Bought from dealers (principal trades, not a cost): $993.9M
- Portfolio turnover (prospectus): 2%
- Securities on loan, average value: $1.8M
- Net income from securities lending: $21K (0.001% of average net assets)
C000104215 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $21K | 30.33% |
| Goldman Sachs & Co. LLC | $13K | 18.29% |
| J.P. Morgan Securities LLC | $10K | 14.95% |
| Citigroup Global Markets Inc. | $8K | 12.19% |
| Morgan Stanley & Co. LLC | $5K | 7.64% |
| BofA Securities, Inc. | $5K | 7.18% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $3K | 3.70% |
| BNP Paribas Securities Corp. | $2K | 2.61% |
| Jefferies LLC | $1K | 1.98% |
| RBC Capital Markets, LLC | $780 | 1.13% |
C000104215 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $984.3M | 99.04% |
| BofA Securities, Inc. | $8.1M | 0.82% |
| UBS Securities LLC | $799K | 0.08% |
| Goldman Sachs & Co. LLC | $546K | 0.05% |
| Barclays Capital, Inc. | $82K | 0.01% |
| BNP Paribas Securities Corp. | $10K | 0.00% |
| Morgan Stanley & Co. LLC | $756 | 0.00% |
| Citigroup Global Markets Inc. | $503 | 0.00% |
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.