DTLVX Fees and Costs — Large Company Value Portfolio, Investment Class
Data updated: 2026-08-24
The net expense ratio is 1.30%: a 0.75% management fee, a 0.25% 12b-1 fee plus 0.30% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $28K in broker commissions, 0.0170% of average net assets, and portfolio turnover was 51%.
DTLVX Fees and Expenses
Annual operating expenses and sales charges of DTLVX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.30% |
| Gross expense ratio | 1.30% |
| Fee waiver | — |
| Net expense ratio | 1.30% |
| 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 | Yes |
DTLVX Costs Over Time
On $10,000 invested in DTLVX, assuming 5% a year before costs, total costs come to $819 over 5 years, cutting the return by 1.38% 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 1.30%) | $136 | $424 | $734 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $21 | $75 |
| Total costs | $138 | $451 | $819 |
| Value after costs | $10,362 | $11,125 | $11,944 |
| Impact on return, per year | 1.38% | 1.38% | 1.38% |
DTLVX 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): 0.0170%
- Total broker commissions: $28K
- Bought from dealers (principal trades, not a cost): $10.3M
- Portfolio turnover (prospectus): 51%
- Securities on loan, average value: $55K
- Net income from securities lending: $312 (0.000% of average net assets)
DTLVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET LLC | $6K | 28.29% |
| BARCLAYS CAPITAL INC. | $3K | 15.09% |
| JEFFERIES LLC | $3K | 13.20% |
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $3K | 12.36% |
| J.P. MORGAN SECURITIES LLC | $1K | 6.17% |
| MORGAN STANLEY & CO. LLC | $1K | 5.87% |
| VIRTU AMERICAS LLC | $1K | 5.50% |
| LOOP CAPITAL MARKETS LLC | $1K | 5.02% |
| SG AMERICAS SECURITIES LLC | $1K | 4.87% |
| UBS ASSET MANAGEMENT (US) INC. | $756 | 3.62% |
DTLVX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $2.6M | 27.59% |
| GOLDMAN SACHS & CO. LLC | $1.3M | 13.47% |
| J.P. MORGAN SECURITIES LLC | $1.1M | 12.00% |
| WELLS FARGO SECURITIES LLC | $917K | 9.67% |
| BARCLAYS CAPITAL INC. | $765K | 8.07% |
| CITIGROUP GLOBAL MARKETS INC. | $661K | 6.96% |
| BOFA SECURITIES INC. | $542K | 5.71% |
| CITADEL SECURITIES LLC | $536K | 5.64% |
| DEUTSCHE BANK SECURITIES INC. | $529K | 5.57% |
| NOMURA SECURITIES INTERNATIONAL INC. | $505K | 5.33% |
Large Company Value Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| WLCVX | Institutional Class | 1.00% | — |
| DTLVX | Investment Class | 1.30% | — |
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.