C000214168 Fees and Costs — Mutual of America VIP Small-Cap Value Portfolio
Data updated: 2023-11-16
The net expense ratio is 0.90%: a 0.75% management fee plus 1.60% other expenses, less a 1.45% fee waiver. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $3K in broker commissions, 0.0305% of average net assets, and portfolio turnover was 21%.
C000214168 Fees and Expenses
Annual operating expenses and sales charges of C000214168. Prospectus, as of April 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | — |
| Other expenses | 1.60% |
| Gross expense ratio | 2.35% |
| Fee waiver | −1.45% |
| Net expense ratio | 0.90% |
| 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 |
C000214168 Costs Over Time
On $10,000 invested in C000214168, assuming 5% a year before costs, total costs come to $583 over 5 years, cutting the return by 0.98% 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 0.90%) | $94 | $295 | $512 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $98 | $320 | $583 |
| Value after costs | $10,402 | $11,256 | $12,180 |
| Impact on return, per year | 0.98% | 0.98% | 0.98% |
C000214168 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): 0.0305%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 21%
- Securities lending: none during the year
C000214168 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $585 | 18.57% |
| INSTINET, LLC | $507 | 16.11% |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED | $477 | 15.16% |
| MORGAN STANLEY & CO. LLC | $358 | 11.38% |
| Jefferies LLC | $319 | 10.13% |
| FIDELITY MANAGEMENT & RESEARCH COMPANY | $222 | 7.07% |
| CREDIT SUISSE SECURITIES (USA) LLC | $192 | 6.09% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $178 | 5.66% |
| ROYAL BANK OF CANADA | $165 | 5.23% |
| Goldman Sachs & Co, LLC | $145 | 4.60% |
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.