QLMYTX Fees and Costs — Western Asset Variable Global High Yield Bond Portfolio, Class II
Data updated: 2026-08-26
The net expense ratio is 1.06%: a 0.70% management fee, a 0.25% 12b-1 fee plus 0.11% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $1K in broker commissions, 0.0009% of average net assets, and portfolio turnover was 57%.
QLMYTX Fees and Expenses
Annual operating expenses and sales charges of QLMYTX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.11% |
| Gross expense ratio | 1.06% |
| Fee waiver | — |
| Net expense ratio | 1.06% |
| 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 |
QLMYTX Costs Over Time
On $10,000 invested in QLMYTX, assuming 5% a year before costs, total costs come to $663 over 5 years, cutting the return by 1.11% 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 1.06%) | $111 | $347 | $601 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $17 | $61 |
| Total costs | $111 | $365 | $663 |
| Value after costs | $10,389 | $11,212 | $12,100 |
| Impact on return, per year | 1.11% | 1.11% | 1.11% |
QLMYTX 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): 0.0009%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $160.0M
- Portfolio turnover (prospectus): 57%
- Securities lending: none during the year
QLMYTX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Stifel, Nicolaus & Company, Incorporated | $322 | 23.36% |
| CitiGroup Global Markets Inc. | $298 | 21.62% |
| GOLDMAN SACHS & CO. LLC | $249 | 18.09% |
| BARCLAYS CAPITAL, INC. | $235 | 17.08% |
| JEFFERIES LLC | $104 | 7.54% |
| RBC CAPITAL MARKETS, LLC | $90 | 6.54% |
| DEUTSCHE BANK SECURITIES INC. | $48 | 3.52% |
| R.J. O'BRIEN SECURITIES, LLC | $28 | 2.01% |
| WELLS FARGO SECURITIES, LLC | $3 | 0.25% |
QLMYTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $23.7M | 18.36% |
| J.P. Morgan Securities LLC | $23.4M | 18.13% |
| Goldman Sachs & Co. LLC | $22.2M | 17.26% |
| CitiGroup Global Markets Inc. | $13.8M | 10.67% |
| MORGAN STANLEY & CO. LLC | $11.1M | 8.65% |
| WELLS FARGO SECURITIES, LLC | $10.0M | 7.72% |
| BARCLAYS CAPITAL, INC. | $8.0M | 6.21% |
| JEFFERIES LLC | $5.9M | 4.60% |
| RBC CAPITAL MARKETS, LLC | $5.6M | 4.38% |
| DEUTSCHE BANK SECURITIES, INC. | $5.2M | 4.03% |
Western Asset Variable Global High Yield 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 |
|---|---|---|---|
| QLMYIX | Class I | 0.81% | — |
| QLMYTX | Class II | 1.06% | — |
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.