PRVBX Fees and Costs — Versatile Bond Portfolio, Class I
Data updated: 2026-09-25
The net expense ratio is 0.65%: a 1.19% management fee plus 0.02% other expenses, less a 0.56% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $7K in broker commissions, 0.0072% of average net assets, and portfolio turnover was 21%.
PRVBX Fees and Expenses
Annual operating expenses and sales charges of PRVBX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.19% |
| 12b-1 fee | — |
| Other expenses | 0.02% |
| Gross expense ratio | 1.21% |
| Fee waiver | −0.56% |
| 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 |
PRVBX Costs Over Time
On $10,000 invested in PRVBX, assuming 5% a year before costs, total costs come to $414 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) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $69 | $227 | $414 |
| Value after costs | $10,431 | $11,350 | $12,349 |
| Impact on return, per year | 0.69% | 0.69% | 0.69% |
PRVBX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending January 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0072%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): $70.8M
- Portfolio turnover (prospectus): 21%
- Securities lending: none during the year
PRVBX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $7K | 100.00% |
PRVBX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY Capital Markets, LLC | $55.2M | 78.00% |
| J.P. Morgan Securities LLC | $8.3M | 11.69% |
| Goldman Sachs & Co. LLC | $6.1M | 8.56% |
| Barclays Capital Inc. | $1.1M | 1.60% |
| BofA Securities, Inc. | $98K | 0.14% |
Versatile Bond Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PRVBX | Class I | 0.65% | none |
| PRVDX | Class A | 0.90% | 4.00% |
| PRVHX | Class C | 1.65% | 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.