ABTIX Fees and Costs — Government Bond Fund, R5 Class
Data updated: 2026-08-28
The net expense ratio is 0.27%: a 0.26% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $26K in broker commissions, 0.0049% of average net assets, and portfolio turnover was 218%.
ABTIX Fees and Expenses
Annual operating expenses and sales charges of ABTIX. Prospectus, as of August 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.26% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.27% |
| Fee waiver | — |
| Net expense ratio | 0.27% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
ABTIX Costs Over Time
On $10,000 invested in ABTIX, assuming 5% a year before costs, total costs come to $174 over 5 years, cutting the return by 0.29% 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 0.27%) | $28 | $89 | $156 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $4 | $16 |
| Total costs | $29 | $95 | $174 |
| Value after costs | $10,471 | $11,481 | $12,588 |
| Impact on return, per year | 0.29% | 0.29% | 0.29% |
ABTIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0049%
- Total broker commissions: $26K
- Bought from dealers (principal trades, not a cost): $7.9B
- Portfolio turnover (prospectus): 218%
- Securities lending: none during the year
ABTIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BANK OF AMERICA MERRILL LYNCH | $26K | 100.00% |
ABTIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STATE STREET GLOBAL MARKETS LLC | $4.9B | 67.77% |
| J.P. MORGAN SECURITIES | $531.5M | 7.35% |
| BARCLAYS CAPITAL | $500.4M | 6.92% |
| BMO CAPITAL MARKETS | $414.0M | 5.73% |
| CITADEL SECURITIES CSHC US LLC | $241.3M | 3.34% |
| CITIGROUP CAPITAL MARKETS INC. | $140.7M | 1.95% |
| DEUTSCHE BANK | $134.3M | 1.86% |
| BANK OF AMERICA MERRILL LYNCH | $129.9M | 1.80% |
| BNP PARIBAS SECURITIES | $122.6M | 1.70% |
| MORGAN STANLEY | $115.8M | 1.60% |
Government Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ABTIX | R5 Class | 0.27% | none |
| ABHTX | I Class | 0.37% | none |
| CPTNX | Investor Class | 0.47% | none |
| ABTAX | A Class | 0.72% | 4.50% |
| ABTRX | R Class | 0.97% | none |
| ABTCX | C Class | 1.47% | 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.