QAAGUX Fees and Costs — T. Rowe Price Limited-Term Bond Portfolio, Class II
Data updated: 2026-08-27
The net expense ratio is 0.75%: a 0.29% management fee, a 0.25% 12b-1 fee plus 0.31% other expenses, less a 0.10% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $7K in broker commissions, 0.0033% of average net assets, and portfolio turnover was 96%.
QAAGUX Fees and Expenses
Annual operating expenses and sales charges of QAAGUX. Prospectus, as of April 24, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.29% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.31% |
| Gross expense ratio | 0.85% |
| Fee waiver | −0.10% |
| Net expense ratio | 0.75% |
| 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 |
QAAGUX Costs Over Time
On $10,000 invested in QAAGUX, assuming 5% a year before costs, total costs come to $474 over 5 years, cutting the return by 0.79% 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 0.75%) | $79 | $246 | $428 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $79 | $260 | $474 |
| Value after costs | $10,421 | $11,317 | $12,289 |
| Impact on return, per year | 0.79% | 0.79% | 0.79% |
QAAGUX 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): 0.0033%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): $387.8M
- Portfolio turnover (prospectus): 96%
- Securities on loan, average value: $1.1M
- Net income from securities lending: $2K (0.001% of average net assets)
QAAGUX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $2K | 34.58% |
| Citigroup Inc. | $1K | 22.59% |
| MORGAN STANLEY & CO. LLC | $1K | 17.79% |
| GOLDMAN SACHS & CO. LLC | $929 | 14.17% |
| BOFA SECURITIES, INC. | $713 | 10.88% |
QAAGUX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $59.6M | 20.53% |
| GOLDMAN SACHS & CO. LLC | $41.4M | 14.26% |
| WELLS FARGO SECURITIES, LLC | $36.5M | 12.57% |
| BARCLAYS CAPITAL INC. | $30.4M | 10.45% |
| J.P. MORGAN SECURITIES LLC | $27.9M | 9.61% |
| Citigroup Inc. | $23.8M | 8.19% |
| MORGAN STANLEY & CO. LLC | $21.9M | 7.55% |
| Deutsche Bank Securities Inc. | $19.8M | 6.80% |
| TD Securities Ltd. | $15.4M | 5.31% |
| BNP PARIBAS | $13.7M | 4.73% |
T. Rowe Price Limited-Term 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 |
|---|---|---|---|
| QAAGWX | T. Rowe Price Limited-Term Bond Portfolio | 0.50% | — |
| QAAGUX | Class II | 0.75% | — |
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.