ABQIX Fees and Costs — AB Total Return Bond Portfolio, Class I
Data updated: 2025-03-27
The net expense ratio is 0.52%: a 0.45% management fee plus 0.44% other expenses, less a 0.37% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $6K in broker commissions, 0.0035% of average net assets, and portfolio turnover was 168%.
ABQIX Fees and Expenses
Annual operating expenses and sales charges of ABQIX. Prospectus, as of January 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.44% |
| Gross expense ratio | 0.89% |
| Fee waiver | −0.37% |
| Net expense ratio | 0.52% |
| 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 |
ABQIX Costs Over Time
On $10,000 invested in ABQIX, assuming 5% a year before costs, total costs come to $331 over 5 years, cutting the return by 0.55% 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 0.52%) | $55 | $171 | $298 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $9 | $30 |
| Total costs | $55 | $181 | $331 |
| Value after costs | $10,445 | $11,395 | $12,432 |
| Impact on return, per year | 0.55% | 0.55% | 0.55% |
ABQIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0035%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): $737.5M
- Portfolio turnover (prospectus): 168%
- Securities lending: none during the year
ABQIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $6K | 100.00% |
ABQIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $159.3M | 23.70% |
| Morgan Stanley & Co. LLC | $153.2M | 22.79% |
| BofA Securities, Inc. | $103.1M | 15.34% |
| J.P. Morgan Securities LLC | $62.7M | 9.33% |
| Goldman Sachs & Co. LLC | $47.1M | 7.00% |
| Barclays Capital Inc. | $36.8M | 5.47% |
| Citigroup Global Markets Inc. | $30.1M | 4.47% |
| Deutsche Bank Securities Inc. | $28.6M | 4.25% |
| Wells Fargo Securities, LLC | $28.3M | 4.21% |
| RBC Capital Markets, LLC | $23.0M | 3.42% |
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.