C000104630 Fees and Costs — NYLI VP Fidelity Institutional AM Utilities Portfolio, Initial Class
Data updated: 2026-08-24
The net expense ratio is 0.68%: a 0.64% management fee plus 0.04% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $496K in broker commissions, 0.0562% of average net assets, and portfolio turnover was 99%.
C000104630 Fees and Expenses
Annual operating expenses and sales charges of C000104630. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.64% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.04% |
| Gross expense ratio | 0.68% |
| Fee waiver | — |
| Net expense ratio | 0.68% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000104630 Costs Over Time
On $10,000 invested in C000104630, assuming 5% a year before costs, total costs come to $463 over 5 years, cutting the return by 0.77% 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 0.68%) | $71 | $223 | $388 |
| Trading costs (broker commissions) | $6 | $18 | $32 |
| Lost growth on money paid in costs | $0 | $12 | $42 |
| Total costs | $77 | $254 | $463 |
| Value after costs | $10,423 | $11,322 | $12,300 |
| Impact on return, per year | 0.77% | 0.77% | 0.77% |
C000104630 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): 0.0562%
- Total broker commissions: $496K
- Bought from dealers (principal trades, not a cost): $635.9M
- Portfolio turnover (prospectus): 99%
- Securities on loan, average value: $2.9M
- Net income from securities lending: $10K (0.001% of average net assets)
C000104630 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| National Financial Services LLC | $86K | 21.01% |
| RBC Capital Markets, LLC | $68K | 16.80% |
| Citigroup Global Markets Inc. | $45K | 11.10% |
| Goldman Sachs & Co. LLC | $39K | 9.53% |
| Morgan Stanley & Co. LLC | $37K | 9.21% |
| BofA Securities, Inc. | $34K | 8.30% |
| Jefferies LLC | $32K | 7.81% |
| Barclays Capital, Inc. | $28K | 6.84% |
| J.P. Morgan Securities LLC | $23K | 5.76% |
| UBS Securities LLC | $15K | 3.62% |
C000104630 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $635.5M | 99.95% |
| State Street Global Markets, LLC | $260K | 0.04% |
| Brown Brothers Investments, LLC | $86K | 0.01% |
NYLI VP Fidelity Institutional AM Utilities Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000104630 | Initial Class | 0.68% | — |
| C000104629 | Service Class | 0.93% | — |
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.