SWB1Z Fees and Costs — Schwab VIT Balanced Portfolio
Data updated: 2026-08-25
The net expense ratio is 0.57%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $18K in broker commissions, 0.0210% of average net assets.
SWB1Z Fees and Expenses
Annual operating expenses and sales charges of SWB1Z. Prospectus, as of April 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.07% |
| Gross expense ratio | — |
| Fee waiver | — |
| Net expense ratio | 0.57% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
SWB1Z Costs Over Time
On $10,000 invested in SWB1Z, assuming 5% a year before costs, total costs come to $373 over 5 years, cutting the return by 0.62% 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 0.57%) | $60 | $188 | $327 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $10 | $34 |
| Total costs | $62 | $204 | $373 |
| Value after costs | $10,438 | $11,372 | $12,390 |
| Impact on return, per year | 0.62% | 0.62% | 0.62% |
SWB1Z 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): 0.0210%
- Total broker commissions: $18K
- Bought from dealers (principal trades, not a cost): $113K
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
SWB1Z Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $5K | 26.84% |
| Jane Street Execution Services, LLC | $3K | 19.49% |
| Citadel Securities LLC | $2K | 14.34% |
| Proof Services LLC | $2K | 12.81% |
| Virtu Americas LLC | $1K | 7.75% |
| Goldman Sachs & Co. LLC | $1K | 6.14% |
| Susquehanna Financial Group, LLLP | $733 | 4.23% |
| Old Mission Markets LLC | $636 | 3.67% |
| Flow Traders U.S. Institutional Trading LLC | $616 | 3.55% |
| BofA Securities, Inc. | $202 | 1.16% |
SWB1Z Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Charles Schwab & Co., Inc. | $113K | 100.00% |
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.