C000255928 Fees and Costs — NYLI VP Newton Technology Growth Portfolio, Initial Class
Data updated: 2026-08-24
The net expense ratio is 0.78%: a 0.75% management fee plus 0.04% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $125K in broker commissions, 0.0103% of average net assets, and portfolio turnover was 28%.
C000255928 Fees and Expenses
Annual operating expenses and sales charges of C000255928. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.04% |
| Gross expense ratio | 0.79% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.78% |
| 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 |
C000255928 Costs Over Time
On $10,000 invested in C000255928, assuming 5% a year before costs, total costs come to $496 over 5 years, cutting the return by 0.83% 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 0.78%) | $82 | $256 | $445 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $13 | $45 |
| Total costs | $83 | $272 | $496 |
| Value after costs | $10,417 | $11,304 | $12,266 |
| Impact on return, per year | 0.83% | 0.83% | 0.83% |
C000255928 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): 0.0103%
- Total broker commissions: $125K
- Bought from dealers (principal trades, not a cost): $388.2M
- Portfolio turnover (prospectus): 28%
- Securities on loan, average value: $2.4M
- Net income from securities lending: $12K (0.001% of average net assets)
C000255928 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Keybanc Capital Markets Inc. | $44K | 36.70% |
| BofA Securities, Inc. | $18K | 14.89% |
| J.P. Morgan Securities LLC | $18K | 14.82% |
| Morgan Stanley & Co. LLC | $18K | 14.70% |
| Jefferies LLC | $7K | 5.43% |
| Goldman Sachs & Co. LLC | $6K | 4.75% |
| Virtu Americas LLC | $3K | 2.80% |
| Piper Sandler & Co. | $3K | 2.22% |
| ROBERT W. BAIRD & CO. INCORPORATED | $3K | 2.10% |
| SG Americas Securities, LLC | $2K | 1.58% |
C000255928 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $388.2M | 99.99% |
| Morgan Stanley & Co. LLC | $23K | 0.01% |
NYLI VP Newton Technology Growth Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000255928 | Initial Class | 0.78% | — |
| C000255927 | Service Class | 1.03% | — |
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.