C000214166 Fees and Costs — Mutual of America VIP Bond Portfolio, Bond Portfolio Class
Data updated: 2023-11-16
The net expense ratio is 0.54%: a 0.39% management fee plus 0.90% other expenses, less a 0.75% fee waiver. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $114 in broker commissions, 0.0003% of average net assets, and portfolio turnover was 25%.
C000214166 Fees and Expenses
Annual operating expenses and sales charges of C000214166. Prospectus, as of April 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.39% |
| 12b-1 fee | — |
| Other expenses | 0.90% |
| Gross expense ratio | 1.29% |
| Fee waiver | −0.75% |
| Net expense ratio | 0.54% |
| 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 |
C000214166 Costs Over Time
On $10,000 invested in C000214166, assuming 5% a year before costs, total costs come to $341 over 5 years, cutting the return by 0.57% 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 0.54%) | $57 | $178 | $310 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $9 | $31 |
| Total costs | $57 | $187 | $341 |
| Value after costs | $10,443 | $11,390 | $12,422 |
| Impact on return, per year | 0.57% | 0.57% | 0.57% |
C000214166 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0003%
- Total broker commissions: $114
- Bought from dealers (principal trades, not a cost): $17.7M
- Portfolio turnover (prospectus): 25%
- Securities lending: none during the year
C000214166 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wedbush Securities Inc. | $54 | 47.51% |
| FIDELITY MANAGEMENT & RESEARCH COMPANY | $45 | 39.83% |
| Jefferies LLC | $14 | 12.56% |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED | $0 | 0.10% |
C000214166 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $4.9M | 28.79% |
| Goldman Sachs & Co, LLC | $3.1M | 18.32% |
| Wells Fargo Securities LLC | $3.0M | 17.81% |
| J.P. MORGAN SECURITIES LLC | $1.8M | 10.45% |
| STONEX FINANCIAL INC. | $1.3M | 7.68% |
| Amherst Pierpont Securities LLC | $1.2M | 7.11% |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED | $519K | 3.06% |
| FIDELITY MANAGEMENT & RESEARCH COMPANY | $447K | 2.64% |
| ROYAL BANK OF CANADA | $442K | 2.61% |
| BMO Capital Markets Corp. | $260K | 1.53% |
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.