QLMLOX Fees and Costs — ClearBridge Variable Large Cap Growth Portfolio, Class I
Data updated: 2026-05-28
The net expense ratio is 0.74%: a 0.70% management fee plus 0.04% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $36K in broker commissions, 0.0065% of average net assets, and portfolio turnover was 14%.
QLMLOX Fees and Expenses
Annual operating expenses and sales charges of QLMLOX. Prospectus, as of April 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.04% |
| Gross expense ratio | 0.74% |
| Fee waiver | — |
| Net expense ratio | 0.74% |
| 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 | No |
QLMLOX Costs Over Time
On $10,000 invested in QLMLOX, assuming 5% a year before costs, total costs come to $469 over 5 years, cutting the return by 0.78% 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 0.74%) | $78 | $243 | $423 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $78 | $257 | $469 |
| Value after costs | $10,422 | $11,319 | $12,294 |
| Impact on return, per year | 0.78% | 0.78% | 0.78% |
QLMLOX 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): 0.0065%
- Total broker commissions: $36K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 14%
- Securities lending: none during the year
QLMLOX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $6K | 19.32% |
| UBS Securities LLC | $5K | 14.59% |
| CITIGROUP GLOBAL MARKETS INC. | $4K | 13.67% |
| Raymond James & Associates, Inc. | $4K | 12.27% |
| JEFFERIES LLC | $4K | 11.41% |
| J.P. MORGAN SECURITIES LLC | $3K | 8.72% |
| BARCLAYS CAPITAL, INC. | $2K | 6.85% |
| BERNSTEIN INSTITUTIONAL SERVICES LLC | $2K | 6.18% |
| BOFA SECURITIES, INC. | $1K | 4.47% |
| Pershing LLC | $828 | 2.53% |
ClearBridge Variable Large 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 |
|---|---|---|---|
| QLMLOX | Class I | 0.74% | — |
| LVLGX | Class II | 0.99% | — |
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.