C000221970 Fees and Costs — PD Mid-Cap Index Portfolio, Class P
Data updated: 2026-08-11
The net expense ratio is 0.20%: a 0.14% management fee plus 0.06% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $14K in broker commissions, 0.0049% of average net assets, and portfolio turnover was 21%.
C000221970 Fees and Expenses
Annual operating expenses and sales charges of C000221970. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.14% |
| 12b-1 fee | — |
| Other expenses | 0.06% |
| Gross expense ratio | 0.20% |
| Fee waiver | — |
| Net expense ratio | 0.20% |
| 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 |
C000221970 Costs Over Time
On $10,000 invested in C000221970, assuming 5% a year before costs, total costs come to $130 over 5 years, cutting the return by 0.22% 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 0.20%) | $21 | $66 | $116 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $3 | $12 |
| Total costs | $22 | $71 | $130 |
| Value after costs | $10,478 | $11,505 | $12,633 |
| Impact on return, per year | 0.22% | 0.22% | 0.22% |
C000221970 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): 0.0049%
- Total broker commissions: $14K
- Bought from dealers (principal trades, not a cost): $1.3M
- Portfolio turnover (prospectus): 21%
- Securities on loan, average value: $1.1M
- Net income from securities lending: $36K (0.013% of average net assets)
C000221970 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $4K | 33.90% |
| Barclays Capital Inc. | $3K | 20.88% |
| BofA Securities, Inc. | $1K | 11.27% |
| BNP Paribas Securities Corp. | $1K | 8.44% |
| TD Securities (USA) LLC | $805 | 6.29% |
| Goldman Sachs & Co. LLC | $613 | 4.79% |
| UBS Securities LLC | $582 | 4.55% |
| SG Americas Securities, LLC | $572 | 4.47% |
| Cantor Fitzgerald & Co. | $365 | 2.85% |
| Morgan Stanley & Co. LLC | $326 | 2.55% |
C000221970 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $1.1M | 97.45% |
| UBS Securities LLC | $12K | 1.06% |
| Barclays Capital Inc. | $6K | 0.54% |
| BofA Securities, Inc. | $5K | 0.45% |
| Morgan Stanley & Co. LLC | $2K | 0.18% |
| BNP Paribas Securities Corp. | $2K | 0.14% |
| Goldman Sachs & Co. LLC | $1K | 0.12% |
| J.P. Morgan Securities LLC | $560 | 0.05% |
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.