CCRRX Fees and Costs — Commodity Return Strategy Portfolio, Class 2
Data updated: 2026-08-27
The net expense ratio is 0.80% (0.84% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $133K in broker commissions, 0.0206% of average net assets, and portfolio turnover was 56%.
CCRRX Fees and Expenses
Annual operating expenses and sales charges of CCRRX. Prospectus, as of April 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.59% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.24% |
| Gross expense ratio | 0.84% |
| Fee waiver | −4.00% |
| Net expense ratio | 0.80% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
CCRRX Costs Over Time
On $10,000 invested in CCRRX, assuming 5% a year before costs, total costs come to $515 over 5 years, cutting the return by 0.86% 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 0.80%) | $84 | $263 | $456 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $13 | $47 |
| Total costs | $86 | $283 | $515 |
| Value after costs | $10,414 | $11,294 | $12,248 |
| Impact on return, per year | 0.86% | 0.86% | 0.86% |
CCRRX 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): 0.0206%
- Total broker commissions: $133K
- Bought from dealers (principal trades, not a cost): $1.5B
- Portfolio turnover (prospectus): 56%
- Securities on loan, average value: $4.4M
- Net income from securities lending: $10K (0.002% of average net assets)
CCRRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $133K | 100.00% |
CCRRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $928.7M | 62.85% |
| BMO Capital Markets Corp. | $131.0M | 8.87% |
| Academy Securities, Inc. | $130.1M | 8.81% |
| Barclays Capital Inc. | $118.5M | 8.02% |
| Citigroup Global Markets Inc. | $47.5M | 3.21% |
| RBC Capital Markets, LLC | $40.6M | 2.75% |
| Jefferies LLC | $33.2M | 2.25% |
| Nomura Securities International, Inc. | $21.9M | 1.48% |
| Goldman Sachs & Co. LLC | $13.0M | 0.88% |
| TD Securities (USA) LLC | $13.0M | 0.88% |
Commodity Return Strategy Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CCRRX | Class 2 | 0.80% | none |
| CCRSX | Class 1 | 1.05% | none |
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.