C000154686 Fees and Costs — NYLI VP CBRE Global Infrastructure Portfolio, Service Class
Data updated: 2026-08-24
The net expense ratio is 1.20%: a 0.85% management fee, a 0.25% 12b-1 fee plus 0.24% other expenses, less a 0.14% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $23K in broker commissions, 0.0626% of average net assets, and portfolio turnover was 73%.
C000154686 Fees and Expenses
Annual operating expenses and sales charges of C000154686. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.24% |
| Gross expense ratio | 1.34% |
| Fee waiver | −0.14% |
| 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 | No |
C000154686 Costs Over Time
On $10,000 invested in C000154686, assuming 5% a year before costs, total costs come to $786 over 5 years, cutting the return by 1.33% 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 | $678 |
| Trading costs (broker commissions) | $7 | $20 | $35 |
| Lost growth on money paid in costs | $0 | $20 | $72 |
| Total costs | $133 | $433 | $786 |
| Value after costs | $10,367 | $11,143 | $11,977 |
| Impact on return, per year | 1.33% | 1.33% | 1.33% |
C000154686 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): 0.0626%
- Total broker commissions: $23K
- Bought from dealers (principal trades, not a cost): $19.9M
- Portfolio turnover (prospectus): 73%
- Securities on loan, average value: $639K
- Net income from securities lending: $5K (0.013% of average net assets)
C000154686 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $5K | 26.45% |
| Citigroup Global Markets Inc. | $2K | 13.66% |
| J.P. Morgan Securities LLC | $2K | 13.62% |
| UBS Securities LLC | $2K | 8.55% |
| Instinet, LLC | $1K | 8.37% |
| Barclays Capital, Inc. | $1K | 7.15% |
| Wells Fargo Securities, LLC | $1K | 7.03% |
| BofA Securities, Inc. | $1K | 5.93% |
| RBC Capital Markets, LLC | $828 | 4.67% |
| Raymond James & Associates, Inc. | $811 | 4.58% |
C000154686 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $19.9M | 99.64% |
| UBS Securities LLC | $71K | 0.36% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $3 | 0.00% |
NYLI VP CBRE Global Infrastructure Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000154685 | Initial Class | 0.95% | — |
| C000154686 | Service Class | 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.