C000155850 Fees and Costs — MML Equity Rotation Fund, Service Class I
Data updated: 2025-05-30
The net expense ratio is 0.95%: a 0.45% management fee, a 0.25% 12b-1 fee plus 0.30% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $29K in broker commissions, 0.0523% of average net assets, and portfolio turnover was 331%.
C000155850 Fees and Expenses
Annual operating expenses and sales charges of C000155850. Prospectus, as of April 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.30% |
| Gross expense ratio | 1.00% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.95% |
| 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 |
C000155850 Costs Over Time
On $10,000 invested in C000155850, assuming 5% a year before costs, total costs come to $627 over 5 years, cutting the return by 1.05% 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 0.95%) | $100 | $311 | $540 |
| Trading costs (broker commissions) | $5 | $17 | $30 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $105 | $345 | $627 |
| Value after costs | $10,395 | $11,232 | $12,136 |
| Impact on return, per year | 1.05% | 1.05% | 1.05% |
C000155850 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0523%
- Total broker commissions: $29K
- Bought from dealers (principal trades, not a cost): $4.6M
- Portfolio turnover (prospectus): 331%
- Securities on loan, average value: $208K
- Net income from securities lending: $4K (0.008% of average net assets)
C000155850 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $13K | 44.88% |
| Bank of America Merrill Lynch | $10K | 36.39% |
| Citigroup Inc. | $4K | 13.08% |
| ITG Inc. | $1K | 5.03% |
| Barclays Bank | $124 | 0.43% |
| Canaccord Genuity Group Inc. | $34 | 0.12% |
| UBS Group AG | $9 | 0.03% |
| Goldman Sachs & Co. | $6 | 0.02% |
| Bernstein Institutional Services LLC | $2 | 0.01% |
| State Street Bank and Trust Company | $2 | 0.01% |
C000155850 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $4.6M | 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.