C000214167 Fees and Costs — Mutual of America VIP All America Portfolio, All America Portfolio Class
Data updated: 2023-11-16
The net expense ratio is 0.55%: a 0.40% management fee plus 1.54% other expenses, less a 1.39% fee waiver. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $2K in broker commissions, 0.0158% of average net assets, and portfolio turnover was 19%.
C000214167 Fees and Expenses
Annual operating expenses and sales charges of C000214167. Prospectus, as of April 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | — |
| Other expenses | 1.54% |
| Gross expense ratio | 1.94% |
| Fee waiver | −1.39% |
| Net expense ratio | 0.55% |
| 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 |
C000214167 Costs Over Time
On $10,000 invested in C000214167, assuming 5% a year before costs, total costs come to $357 over 5 years, cutting the return by 0.59% 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 0.55%) | $58 | $181 | $315 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $59 | $195 | $357 |
| Value after costs | $10,441 | $11,381 | $12,406 |
| Impact on return, per year | 0.59% | 0.59% | 0.59% |
C000214167 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): 0.0158%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $78K
- Portfolio turnover (prospectus): 19%
- Securities lending: none during the year
C000214167 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RAYMOND JAMES (USA) LTD. | $654 | 28.44% |
| BNY MELLON CAPITAL MARKETS, LLC | $392 | 17.04% |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED | $245 | 10.65% |
| FIDELITY MANAGEMENT & RESEARCH COMPANY | $229 | 9.94% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $226 | 9.82% |
| INSTINET, LLC | $180 | 7.80% |
| Jefferies LLC | $149 | 6.49% |
| ROYAL BANK OF CANADA | $118 | 5.15% |
| CREDIT SUISSE SECURITIES (USA) LLC | $62 | 2.71% |
| WILLIAM BLAIR & COMPANY, L.L.C. | $45 | 1.96% |
C000214167 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $67K | 86.26% |
| MORGAN STANLEY & CO. LLC | $6K | 8.26% |
| Goldman Sachs & Co, LLC | $4K | 5.48% |
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.