C000182232 Fees and Costs — MainStay VP Indexed Bond Portfolio, Initial Class
Data updated: 2024-11-25
The net expense ratio is 0.31%: a 0.25% management fee plus 0.06% other expenses. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $5K in broker commissions, 0.0021% of average net assets, and portfolio turnover was 49%.
C000182232 Fees and Expenses
Annual operating expenses and sales charges of C000182232. Prospectus, as of December 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.06% |
| Gross expense ratio | 0.31% |
| Fee waiver | — |
| Net expense ratio | 0.31% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000182232 Costs Over Time
On $10,000 invested in C000182232, assuming 5% a year before costs, total costs come to $198 over 5 years, cutting the return by 0.33% 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 0.31%) | $33 | $102 | $179 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $5 | $18 |
| Total costs | $33 | $108 | $198 |
| Value after costs | $10,467 | $11,468 | $12,565 |
| Impact on return, per year | 0.33% | 0.33% | 0.33% |
C000182232 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0021%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): $263.4M
- Portfolio turnover (prospectus): 49%
- Securities lending: none during the year
C000182232 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $5K | 100.00% |
C000182232 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $54.6M | 24.68% |
| BofA Securities, Inc. | $37.5M | 16.94% |
| J.P. Morgan Securities LLC | $34.5M | 15.59% |
| Morgan Stanley & Co. LLC | $21.5M | 9.70% |
| Goldman Sachs & Co. LLC | $14.1M | 6.38% |
| SG Americas Securities, LLC | $14.0M | 6.33% |
| Citigroup Global Markets Inc. | $13.2M | 5.96% |
| BNP Paribas Securities Corp. | $12.4M | 5.62% |
| TD SECURITIES (USA) LLC | $9.8M | 4.43% |
| INTL FCStone Financial Inc. | $9.7M | 4.38% |
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.