C000166589 Fees and Costs — Protective Life Dynamic Allocation Series - Moderate Portfolio
Data updated: 2026-08-26
The net expense ratio is 0.90% (0.91% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $144K in broker commissions, 0.0203% of average net assets, and portfolio turnover was 105%.
C000166589 Fees and Expenses
Annual operating expenses and sales charges of C000166589. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.18% |
| Gross expense ratio | 0.91% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.90% |
| 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 |
C000166589 Costs Over Time
On $10,000 invested in C000166589, assuming 5% a year before costs, total costs come to $577 over 5 years, cutting the return by 0.97% 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 0.90%) | $94 | $295 | $512 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $97 | $317 | $577 |
| Value after costs | $10,403 | $11,260 | $12,186 |
| Impact on return, per year | 0.97% | 0.97% | 0.97% |
C000166589 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): 0.0203%
- Total broker commissions: $144K
- Bought from dealers (principal trades, not a cost): $510.9M
- Portfolio turnover (prospectus): 105%
- Securities on loan, average value: $20.0M
- Net income from securities lending: $144K (0.020% of average net assets)
C000166589 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JANE STREET CAPITAL, LLC | $71K | 49.52% |
| VIRTU ITG LLC | $25K | 17.52% |
| SUSQUEHANNA SECURITIES, LLC | $21K | 14.59% |
| Goldman Sachs & Co. LLC | $14K | 9.40% |
| RBC Capital Markets, LLC | $13K | 8.78% |
| Jefferies LLC | $213 | 0.15% |
| Cowen and Company | $56 | 0.04% |
| UBS Securities LLC | $0 | 0.00% |
C000166589 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| ING Financial Markets LLC | $181.1M | 35.45% |
| RBC Capital Markets, LLC | $164.9M | 32.28% |
| Goldman Sachs & Co. LLC | $164.9M | 32.28% |
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.