C000155846 Fees and Costs — MML Equity Momentum Fund, Service Class I
Data updated: 2022-11-29
The net expense ratio is 0.96%: a 0.60% management fee, a 0.25% 12b-1 fee plus 0.36% other expenses, less a 0.25% fee waiver. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $4K in broker commissions, 0.0096% of average net assets, and portfolio turnover was 126%.
C000155846 Fees and Expenses
Annual operating expenses and sales charges of C000155846. Prospectus, as of December 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.36% |
| Gross expense ratio | 1.21% |
| Fee waiver | −0.25% |
| Net expense ratio | 0.96% |
| 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 |
C000155846 Costs Over Time
On $10,000 invested in C000155846, assuming 5% a year before costs, total costs come to $607 over 5 years, cutting the return by 1.02% 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 0.96%) | $101 | $315 | $546 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $102 | $333 | $607 |
| Value after costs | $10,398 | $11,243 | $12,156 |
| Impact on return, per year | 1.02% | 1.02% | 1.02% |
C000155846 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0096%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $1.2M
- Portfolio turnover (prospectus): 126%
- Securities on loan, average value: $2K
- Net income from securities lending: $2 (0.000% of average net assets)
C000155846 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Bank of America Merrill Lynch | $4K | 98.90% |
| ITG Inc. | $33 | 0.77% |
| Citigroup Inc. | $6 | 0.14% |
| JPMorgan Chase & Co. | $2 | 0.06% |
| Barclays Bank | $2 | 0.05% |
| Morgan Stanley & Co. LLC | $1 | 0.03% |
| Goldman Sachs & Co. | $1 | 0.02% |
| UBS Group AG | $0 | 0.01% |
| Credit Suisse Group AG | $0 | 0.01% |
| Wells Fargo Securities, LLC | $0 | 0.00% |
C000155846 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $1.2M | 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.