QAAGSX Fees and Costs — T. Rowe Price Mid-Cap Growth Portfolio, Class II
Data updated: 2026-08-27
The net expense ratio is 1.09%: a 0.63% management fee, a 0.25% 12b-1 fee plus 0.21% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $108K in broker commissions, 0.0197% of average net assets, and portfolio turnover was 42%.
QAAGSX Fees and Expenses
Annual operating expenses and sales charges of QAAGSX. Prospectus, as of April 24, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.63% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.21% |
| Gross expense ratio | 1.09% |
| Fee waiver | — |
| Net expense ratio | 1.09% |
| 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 |
QAAGSX Costs Over Time
On $10,000 invested in QAAGSX, assuming 5% a year before costs, total costs come to $693 over 5 years, cutting the return by 1.17% 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 1.09%) | $114 | $357 | $618 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $0 | $18 | $64 |
| Total costs | $117 | $381 | $693 |
| Value after costs | $10,383 | $11,195 | $12,070 |
| Impact on return, per year | 1.17% | 1.17% | 1.17% |
QAAGSX 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): 0.0197%
- Total broker commissions: $108K
- Bought from dealers (principal trades, not a cost): $84.4M
- Portfolio turnover (prospectus): 42%
- Securities lending: none during the year
QAAGSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $19K | 22.39% |
| J.P. MORGAN SECURITIES LLC | $15K | 17.08% |
| MORGAN STANLEY & CO. LLC | $9K | 10.66% |
| BOFA SECURITIES, INC. | $8K | 9.17% |
| Citigroup Inc. | $7K | 8.17% |
| JEFFERIES LLC | $6K | 7.48% |
| WELLS FARGO SECURITIES, LLC | $6K | 7.12% |
| BERNSTEIN INSTITUTIONAL SERVICES LLC | $5K | 6.28% |
| UBS AG | $5K | 6.11% |
| TD Securities Ltd. | $5K | 5.55% |
QAAGSX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $53.0M | 63.50% |
| MORGAN STANLEY & CO. LLC | $27.2M | 32.60% |
| J.P. MORGAN SECURITIES LLC | $2.1M | 2.54% |
| JEFFERIES LLC | $304K | 0.36% |
| BMO Capital Markets Corp. | $173K | 0.21% |
| TD Securities Ltd. | $152K | 0.18% |
| Citigroup Inc. | $146K | 0.17% |
| BOFA SECURITIES, INC. | $129K | 0.15% |
| MACQUARIE CAPITAL (USA) INC. | $125K | 0.15% |
| Deutsche Bank Securities Inc. | $118K | 0.14% |
T. Rowe Price Mid-Cap 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 |
|---|---|---|---|
| QAMWEX | T. Rowe Price Mid-Cap Growth Portfolio | 0.84% | — |
| QAAGSX | Class II | 1.09% | — |
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.