IDPYX Fees and Costs — Intermediate Duration Portfolio, Advisor Class
Data updated: 2026-08-26
The net expense ratio is 0.65%: a 0.43% management fee plus 1.66% other expenses, less a 1.44% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $113K in broker commissions, 0.0027% of average net assets, and portfolio turnover was 193%.
IDPYX Fees and Expenses
Annual operating expenses and sales charges of IDPYX. Prospectus, as of January 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.43% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.66% |
| Gross expense ratio | 2.09% |
| Fee waiver | −1.44% |
| Net expense ratio | 0.65% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
IDPYX Costs Over Time
On $10,000 invested in IDPYX, assuming 5% a year before costs, total costs come to $411 over 5 years, cutting the return by 0.69% 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 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $69 | $225 | $411 |
| Value after costs | $10,431 | $11,351 | $12,352 |
| Impact on return, per year | 0.69% | 0.69% | 0.69% |
IDPYX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0027%
- Total broker commissions: $113K
- Bought from dealers (principal trades, not a cost): $17.9B
- Portfolio turnover (prospectus): 193%
- Securities lending: none during the year
IDPYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $113K | 100.00% |
IDPYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $7.8B | 45.57% |
| Barclays Capital Inc. | $3.4B | 19.89% |
| J.P. Morgan Securities LLC | $2.2B | 12.67% |
| Goldman Sachs & Co. LLC | $1.5B | 8.56% |
| Nomura Securities International, Inc. | $677.5M | 3.95% |
| BNP Paribas Securities Corp. | $415.7M | 2.42% |
| BMO Capital Markets Corp. | $373.8M | 2.18% |
| BofA Securities, Inc. | $354.6M | 2.06% |
| RBC Capital Markets, LLC | $234.8M | 1.37% |
| Jefferies LLC | $228.9M | 1.33% |
Intermediate Duration Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| IDPZX | Class Z | 0.28% | none |
| SNIDX | Intermediate Duration Portfolio | 0.28% | none |
| IDPYX | Advisor Class | 0.65% | none |
| IDPAX | Class A | 0.90% | 4.25% |
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.