C000173960 Fees and Costs — AZL Russell 1000 Value Index Fund, Class 1
Data updated: 2026-08-25
The net expense ratio is 0.44%: a 0.44% management fee plus 0.09% other expenses, less a 0.09% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $17K in broker commissions, 0.0027% of average net assets, and portfolio turnover was 13%.
C000173960 Fees and Expenses
Annual operating expenses and sales charges of C000173960. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.44% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.09% |
| Gross expense ratio | 0.53% |
| Fee waiver | −0.09% |
| Net expense ratio | 0.44% |
| 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 |
C000173960 Costs Over Time
On $10,000 invested in C000173960, assuming 5% a year before costs, total costs come to $280 over 5 years, cutting the return by 0.46% 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 0.44%) | $46 | $145 | $253 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $7 | $26 |
| Total costs | $46 | $153 | $280 |
| Value after costs | $10,454 | $11,423 | $12,483 |
| Impact on return, per year | 0.46% | 0.46% | 0.46% |
C000173960 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): 0.0027%
- Total broker commissions: $17K
- Bought from dealers (principal trades, not a cost): $215.0M
- Portfolio turnover (prospectus): 13%
- Securities on loan, average value: $659K
- Net income from securities lending: $31K (0.005% of average net assets)
C000173960 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $4K | 24.06% |
| Barclays Capital Inc. | $2K | 15.34% |
| BofA Securities, Inc. | $2K | 11.25% |
| Wells Fargo Securities, LLC | $1K | 9.44% |
| Citigroup Global Markets Inc. | $1K | 8.17% |
| Jefferies LLC | $1K | 7.42% |
| J.P. Morgan Securities LLC | $1K | 6.67% |
| BNP Paribas Securities Corp. | $981 | 6.49% |
| RBC Capital Markets, LLC | $868 | 5.74% |
| Cowen and Company, LLC | $819 | 5.41% |
C000173960 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY Mellon Capital Markets, LLC | $205.2M | 95.41% |
| UBS Securities LLC | $9.8M | 4.58% |
| BNP Paribas Securities Corp. | $9K | 0.00% |
| Morgan Stanley & Co. LLC | $8K | 0.00% |
| BofA Securities, Inc. | $6K | 0.00% |
| Citigroup Global Markets Inc. | $5K | 0.00% |
| Barclays Capital Inc. | $2K | 0.00% |
| Goldman Sachs & Co. LLC | $861 | 0.00% |
| J.P. Morgan Securities LLC | $600 | 0.00% |
AZL Russell 1000 Value Index Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000173960 | Class 1 | 0.44% | — |
| C000087886 | Class 2 | 0.69% | — |
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.