AAHMX Fees and Costs — abrdn Short Duration High Yield Municipal Fund, Class A
Data updated: 2026-09-29
The net expense ratio is 0.92%: a 0.55% management fee, a 0.25% 12b-1 fee plus 0.47% other expenses, less a 0.35% fee waiver. This share class carries a maximum front-end sales load of 2.50% and a deferred sales charge of up to 0.75%. Portfolio turnover was 97%.
AAHMX Fees and Expenses
Annual operating expenses and sales charges of AAHMX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.47% |
| Gross expense ratio | 1.27% |
| Fee waiver | −0.35% |
| Net expense ratio | 0.92% |
| Sales charges | |
|---|---|
| Max front load | 2.50% |
| Max deferred load | 0.75% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
AAHMX Costs Over Time
On $10,000 invested in AAHMX, assuming 5% a year before costs, total costs come to $881 over 5 years, cutting the return by 1.49% 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 |
| Sales charges | $326 | $250 | $250 |
| Fund expenses (net expense ratio 0.92%) | $94 | $294 | $510 |
| Lost growth on money paid in costs | $12 | $54 | $121 |
| Total costs | $433 | $598 | $881 |
| Value after costs | $10,067 | $10,978 | $11,882 |
| Impact on return, per year | 4.33% | 1.84% | 1.49% |
AAHMX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $182.1M
- Portfolio turnover (prospectus): 97%
- Securities lending: none during the year
AAHMX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $41.6M | 24.87% |
| State Street Bank and Trust Company | $24.5M | 14.65% |
| Wells Fargo Securities, LLC | $24.1M | 14.43% |
| BNY Capital Markets, LLC | $22.7M | 13.55% |
| Morgan Stanley & Co. LLC | $15.8M | 9.45% |
| Barclays Capital Inc. | $15.3M | 9.12% |
| BofA Securities, Inc. | $11.7M | 7.02% |
| RBC Capital Markets, LLC | $4.4M | 2.65% |
| Herbert J Sims & Co. Inc. | $3.6M | 2.17% |
| Goldman Sachs & Co. LLC | $3.5M | 2.09% |
abrdn Short Duration High Yield Municipal Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| AHYMX | Institutional Class | 0.67% | none |
| AAHMX | Class A | 0.92% | 2.50% |
| ACHMX | Class C | 1.67% | none |
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.