C000173961 Fees and Costs — AZL Fidelity Institutional Asset Management Total Bond Fund, Class 1
Data updated: 2026-08-25
The net expense ratio is 0.66%: a 0.50% management fee plus 0.17% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $1K in broker commissions, 0.0008% of average net assets, and portfolio turnover was 37%.
C000173961 Fees and Expenses
Annual operating expenses and sales charges of C000173961. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.17% |
| Gross expense ratio | 0.67% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.66% |
| 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 |
C000173961 Costs Over Time
On $10,000 invested in C000173961, assuming 5% a year before costs, total costs come to $416 over 5 years, cutting the return by 0.69% 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 0.66%) | $69 | $217 | $378 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $69 | $228 | $416 |
| Value after costs | $10,431 | $11,348 | $12,347 |
| Impact on return, per year | 0.69% | 0.69% | 0.69% |
C000173961 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): 0.0008%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $287.1M
- Portfolio turnover (prospectus): 37%
- Securities on loan, average value: $720K
- Net income from securities lending: $11K (0.008% of average net assets)
C000173961 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $1K | 98.54% |
| Cowen and Company, LLC | $7 | 0.61% |
| UBS Securities LLC | $5 | 0.48% |
| BofA Securities, Inc. | $2 | 0.21% |
| Barclays Capital Inc. | $1 | 0.07% |
| Liquidnet, Inc. | $0 | 0.04% |
| BMO Capital Markets Corp. | $0 | 0.03% |
| Jefferies LLC | $0 | 0.02% |
C000173961 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY Mellon Capital Markets, LLC | $130.4M | 45.40% |
| Morgan Stanley & Co. LLC | $26.9M | 9.35% |
| J.P. Morgan Securities LLC | $25.6M | 8.90% |
| Goldman Sachs & Co. LLC | $19.6M | 6.82% |
| Barclays Capital Inc. | $18.7M | 6.51% |
| BofA Securities, Inc. | $15.9M | 5.54% |
| Citigroup Global Markets Inc. | $15.5M | 5.40% |
| DEUTSCHE BANK SECURITIES INC. | $14.5M | 5.05% |
| Wells Fargo Securities, LLC | $13.8M | 4.82% |
| Mizuho Securities USA LLC | $6.3M | 2.20% |
AZL Fidelity Institutional Asset Management Total Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000173961 | Class 1 | 0.66% | — |
| C000116967 | Class 2 | 0.91% | — |
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.