C000153795 Fees and Costs — 1290 VT DoubleLine Opportunistic Bond Portfolio, Class IB
Data updated: 2026-08-25
The net expense ratio is 0.91%: a 0.60% management fee, a 0.25% 12b-1 fee plus 0.14% other expenses, less a 0.09% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 89%.
C000153795 Fees and Expenses
Annual operating expenses and sales charges of C000153795. Prospectus, as of April 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.14% |
| Gross expense ratio | 1.00% |
| Fee waiver | −0.09% |
| Net expense ratio | 0.91% |
| 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 |
C000153795 Costs Over Time
On $10,000 invested in C000153795, assuming 5% a year before costs, total costs come to $570 over 5 years, cutting the return by 0.96% 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 0.91%) | $96 | $298 | $518 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $96 | $313 | $570 |
| Value after costs | $10,404 | $11,263 | $12,193 |
| Impact on return, per year | 0.96% | 0.96% | 0.96% |
C000153795 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): $837.4M
- Portfolio turnover (prospectus): 89%
- Securities on loan, average value: $2.6M
- Net income from securities lending: $20K (0.004% of average net assets)
C000153795 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $395.2M | 55.61% |
| Barclays Capital, Inc. | $76.4M | 10.75% |
| Wells Fargo Securities, LLC | $52.3M | 7.36% |
| Morgan Stanley & Co. LLC | $47.5M | 6.68% |
| Goldman Sachs & Co. LLC | $31.7M | 4.46% |
| Citigroup Global Markets Inc. | $28.8M | 4.05% |
| BofA Securities, Inc. | $28.6M | 4.02% |
| RBC Capital Markets, LLC | $17.3M | 2.43% |
| Citadel Securities LLC | $16.5M | 2.33% |
| Deutsche Bank Securities Inc. | $16.4M | 2.31% |
1290 VT DoubleLine Opportunistic Bond Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000153796 | Class K | 0.66% | — |
| C000153795 | Class IB | 0.91% | — |
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.