C000138904 Fees and Costs — 1290 VT Small Cap Value Portfolio, Class IB
Data updated: 2026-08-25
The net expense ratio is 1.20% (1.29% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $60K in broker commissions, 0.0148% of average net assets, and portfolio turnover was 23%.
C000138904 Fees and Expenses
Annual operating expenses and sales charges of C000138904. Prospectus, as of April 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.19% |
| Gross expense ratio | 1.29% |
| Fee waiver | −0.09% |
| Net expense ratio | 1.20% |
| 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 |
C000138904 Costs Over Time
On $10,000 invested in C000138904, assuming 5% a year before costs, total costs come to $757 over 5 years, cutting the return by 1.28% 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 1.20%) | $126 | $392 | $679 |
| Trading costs (broker commissions) | $2 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $20 | $70 |
| Total costs | $128 | $417 | $757 |
| Value after costs | $10,372 | $11,159 | $12,006 |
| Impact on return, per year | 1.28% | 1.28% | 1.28% |
C000138904 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): 0.0148%
- Total broker commissions: $60K
- Bought from dealers (principal trades, not a cost): $76.3M
- Portfolio turnover (prospectus): 23%
- Securities on loan, average value: $16.9M
- Net income from securities lending: $323K (0.080% of average net assets)
C000138904 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $7K | 16.92% |
| Weeden & Co. L.P. | $5K | 13.26% |
| Goldman Sachs & Co. LLC | $5K | 12.28% |
| Citigroup Global Markets Inc. | $5K | 12.27% |
| Jefferies LLC | $4K | 10.78% |
| J.P. Morgan Securities LLC | $4K | 9.54% |
| UBS Securities LLC | $3K | 7.86% |
| Barclays Capital, Inc. | $2K | 6.08% |
| Piper Sandler & Co. | $2K | 5.80% |
| Morgan Stanley & Co. LLC | $2K | 5.19% |
C000138904 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $75.3M | 98.59% |
| Weeden & Co. L.P. | $1.1M | 1.40% |
| Barclays Capital, Inc. | $456 | 0.00% |
| Virtu Americas LLC | $284 | 0.00% |
| Citadel Securities LLC | $135 | 0.00% |
| BofA Securities, Inc. | $81 | 0.00% |
| Morgan Stanley & Co. LLC | $34 | 0.00% |
1290 VT Small Cap Value Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000138905 | Class K | 0.95% | — |
| C000138904 | Class IB | 1.20% | — |
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.