ABSIX Fees and Costs — AB Discovery Value Fund, Class I
Data updated: 2026-09-11
The net expense ratio is 0.91%: a 0.75% management fee plus 0.16% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $560K in broker commissions, 0.0232% of average net assets, and portfolio turnover was 63%.
ABSIX Fees and Expenses
Annual operating expenses and sales charges of ABSIX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.91% |
| Fee waiver | — |
| Net expense ratio | 0.91% |
| 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 |
ABSIX Costs Over Time
On $10,000 invested in ABSIX, assuming 5% a year before costs, total costs come to $585 over 5 years, cutting the return by 0.98% 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 0.91%) | $96 | $298 | $518 |
| Trading costs (broker commissions) | $2 | $8 | $13 |
| Lost growth on money paid in costs | $0 | $15 | $54 |
| Total costs | $98 | $321 | $585 |
| Value after costs | $10,402 | $11,255 | $12,178 |
| Impact on return, per year | 0.98% | 0.98% | 0.98% |
ABSIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0232%
- Total broker commissions: $560K
- Bought from dealers (principal trades, not a cost): $788.0M
- Portfolio turnover (prospectus): 63%
- Securities on loan, average value: $214.8M
- Net income from securities lending: $138K (0.006% of average net assets)
ABSIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $74K | 15.50% |
| Barclays Capital Inc. | $71K | 14.78% |
| Morgan Stanley & Co. LLC | $64K | 13.38% |
| UBS Securities LLC | $60K | 12.40% |
| Jefferies LLC | $48K | 10.05% |
| Wells Fargo Securities, LLC | $45K | 9.36% |
| J.P. Morgan Securities LLC | $35K | 7.30% |
| Goldman Sachs & Co. LLC | $30K | 6.23% |
| Citigroup Global Markets Inc. | $28K | 5.78% |
| Liquidnet, Inc. | $25K | 5.21% |
ABSIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $776.9M | 98.60% |
| J.P. Morgan Securities LLC | $5.6M | 0.71% |
| BofA Securities, Inc. | $5.5M | 0.69% |
AB Discovery Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ABSZX | Class Z | 0.81% | none |
| ABYSX | Advisor Class | 0.83% | none |
| ABSIX | Class I | 0.91% | none |
| ABASX | Class A | 1.08% | 4.25% |
| ABCSX | Class C | 1.84% | 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.