ADAVX Fees and Costs — abrdn Dynamic Dividend Fund, Class A
Data updated: 2026-09-29
The net expense ratio is 1.51%: a 1.00% management fee, a 0.25% 12b-1 fee plus 0.41% other expenses, less a 0.15% fee waiver. This share class carries a maximum front-end sales load of 5.75% and a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $30K in broker commissions, 0.0315% of average net assets, and portfolio turnover was 36%.
ADAVX Fees and Expenses
Annual operating expenses and sales charges of ADAVX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.41% |
| Gross expense ratio | 1.66% |
| Fee waiver | −0.15% |
| Net expense ratio | 1.51% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
ADAVX Costs Over Time
On $10,000 invested in ADAVX, assuming 5% a year before costs, total costs come to $1,633 over 5 years, cutting the return by 2.84% 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 |
| Sales charges | $672 | $575 | $575 |
| Fund expenses (net expense ratio 1.51%) | $149 | $464 | $799 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $29 | $114 | $242 |
| Total costs | $854 | $1,162 | $1,633 |
| Value after costs | $9,646 | $10,414 | $11,130 |
| Impact on return, per year | 8.54% | 3.64% | 2.84% |
ADAVX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0315%
- Total broker commissions: $30K
- Bought from dealers (principal trades, not a cost): $40.2M
- Portfolio turnover (prospectus): 36%
- Securities lending: none during the year
ADAVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $5K | 23.60% |
| Fidelity Brokerage Services LLC | $4K | 20.20% |
| RBC Capital Markets, LLC | $2K | 8.42% |
| Barclays Capital Inc. | $2K | 7.80% |
| BNY Capital Markets, LLC | $2K | 7.75% |
| Goldman Sachs & Co. LLC | $1K | 7.14% |
| J.P. Morgan Securities LLC | $1K | 7.08% |
| Canaccord Genuity LLC | $1K | 6.79% |
| BNP Paribas Securities Corp. | $1K | 6.09% |
| Jefferies LLC | $1K | 5.15% |
ADAVX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $39.9M | 99.31% |
| Goldman Sachs & Co. LLC | $277K | 0.69% |
abrdn Dynamic Dividend Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ADVDX | Institutional Class | 1.26% | none |
| ADAVX | Class A | 1.51% | 5.75% |
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.