ABLOX Fees and Costs — Alger Balanced Portfolio, Class I-2
Data updated: 2026-08-27
The net expense ratio is 0.94%: a 0.71% management fee plus 0.23% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $2K in broker commissions, 0.0029% of average net assets, and portfolio turnover was 10%.
ABLOX Fees and Expenses
Annual operating expenses and sales charges of ABLOX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.71% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.23% |
| Gross expense ratio | 0.94% |
| Fee waiver | — |
| Net expense ratio | 0.94% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
ABLOX Costs Over Time
On $10,000 invested in ABLOX, assuming 5% a year before costs, total costs come to $590 over 5 years, cutting the return by 0.99% 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 0.94%) | $99 | $308 | $535 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $15 | $54 |
| Total costs | $99 | $324 | $590 |
| Value after costs | $10,401 | $11,252 | $12,172 |
| Impact on return, per year | 0.99% | 0.99% | 0.99% |
ABLOX 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): 0.0029%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $5.5M
- Portfolio turnover (prospectus): 10%
- Securities lending: none during the year
ABLOX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC CAPITAL MARKETS, LLC | $253 | 15.02% |
| J.P. Morgan Securities LLC | $239 | 14.22% |
| NATIONAL FINANCIAL SERVICES LLC | $224 | 13.30% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $214 | 12.75% |
| GOLDMAN SACHS & CO. LLC | $196 | 11.66% |
| Pershing LLC | $147 | 8.76% |
| BARCLAYS CAPITAL, INC. | $145 | 8.60% |
| LPS Capital LLC | $97 | 5.75% |
| INSTINET CORPORATION | $92 | 5.46% |
| CitiGroup Global Markets Inc. | $75 | 4.48% |
ABLOX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STIFEL, NICOLAUS & COMPANY, INC. | $5.5M | 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.