ABIMX Fees and Costs — AB Impact Municipal Income Shares
Data updated: 2026-09-24
The net expense ratio is 0.00%. There are no sales loads or redemption fees. Portfolio turnover was 31%.
ABIMX Fees and Expenses
Annual operating expenses and sales charges of ABIMX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.00% |
| Fee waiver | — |
| Net expense ratio | 0.00% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
ABIMX Costs Over Time
On $10,000 invested in ABIMX, assuming 5% a year before costs, total costs come to $0 over 5 years, cutting the return by 0.00% 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 0.00%) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $0 | $0 |
| Total costs | $0 | $0 | $0 |
| Value after costs | $10,500 | $11,576 | $12,763 |
| Impact on return, per year | 0.00% | 0.00% | 0.00% |
ABIMX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $663.1M
- Portfolio turnover (prospectus): 31%
- Securities lending: none during the year
ABIMX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $279.7M | 47.46% |
| Wells Fargo Securities, LLC | $61.6M | 10.45% |
| BNY Capital Markets, LLC | $56.7M | 9.62% |
| Guardian Capital LP | $51.3M | 8.70% |
| Morgan Stanley & Co. LLC | $30.1M | 5.11% |
| RBC Capital Markets, LLC | $27.0M | 4.59% |
| J.P. Morgan Securities LLC | $25.1M | 4.25% |
| Jefferies LLC | $20.8M | 3.54% |
| Goldman Sachs & Co. LLC | $20.8M | 3.53% |
| Stifel, Nicolaus & Company, Incorporated | $16.3M | 2.76% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.