C000153750 Fees and Costs — Core Income Portfolio, Class I
Data updated: 2026-08-11
The net expense ratio is 0.75%: a 0.50% management fee, a 0.20% 12b-1 fee plus 0.05% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 69%.
C000153750 Fees and Expenses
Annual operating expenses and sales charges of C000153750. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.20% |
| Other expenses | 0.05% |
| Gross expense ratio | 0.75% |
| Fee waiver | — |
| Net expense ratio | 0.75% |
| 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 |
C000153750 Costs Over Time
On $10,000 invested in C000153750, assuming 5% a year before costs, total costs come to $471 over 5 years, cutting the return by 0.79% 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 0.75%) | $79 | $246 | $428 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $79 | $259 | $471 |
| Value after costs | $10,421 | $11,318 | $12,291 |
| Impact on return, per year | 0.79% | 0.79% | 0.79% |
C000153750 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $436.5M
- Portfolio turnover (prospectus): 69%
- Securities on loan, average value: $5.7M
- Net income from securities lending: $29K (0.009% of average net assets)
C000153750 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $78.7M | 23.26% |
| BofA Securities, Inc. | $60.0M | 17.75% |
| Morgan Stanley & Co. LLC | $39.8M | 11.76% |
| Barclays Capital Inc. | $31.9M | 9.43% |
| Wells Fargo Securities, LLC | $30.7M | 9.09% |
| Goldman Sachs & Co. LLC | $27.1M | 8.02% |
| Citigroup Global Markets Inc. | $24.4M | 7.21% |
| BNP Paribas Securities Corp. | $20.4M | 6.03% |
| HSBC Securities (USA) Inc. | $14.7M | 4.33% |
| BMO Capital Markets Corp. | $10.5M | 3.12% |
Core Income Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000153751 | Class P | 0.55% | — |
| C000153750 | Class I | 0.75% | — |
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.