C000131500 Fees and Costs — 1290 VT Energy Portfolio, Class K
Data updated: 2021-08-25
The net expense ratio is 0.68% (3.27% before fee waivers). There are no sales loads or redemption fees. In fiscal 2020 the fund paid $2K in broker commissions, 0.0495% of average net assets, and portfolio turnover was 55%.
C000131500 Fees and Expenses
Annual operating expenses and sales charges of C000131500. Prospectus, as of April 30, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 2.45% |
| Gross expense ratio | 3.27% |
| Fee waiver | −2.59% |
| Net expense ratio | 0.68% |
| 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 |
C000131500 Costs Over Time
On $10,000 invested in C000131500, assuming 5% a year before costs, total costs come to $459 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 | $389 |
| Trading costs (broker commissions) | $5 | $16 | $28 |
| Lost growth on money paid in costs | $0 | $12 | $42 |
| Total costs | $77 | $252 | $459 |
| Value after costs | $10,423 | $11,325 | $12,304 |
| Impact on return, per year | 0.77% | 0.77% | 0.77% |
C000131500 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0495%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $2.8M
- Portfolio turnover (prospectus): 55%
- Securities on loan, average value: $755K
- Net income from securities lending: $16K (0.410% of average net assets)
C000131500 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1K | 52.14% |
| Morgan Stanley & Co. LLC | $932 | 47.86% |
C000131500 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $2.8M | 100.00% |
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.