AEEIX Fees and Costs — Ab Global Real Estate Investment Fund, Inc., Class I
Data updated: 2025-04-28
The net expense ratio is 1.60%: a 0.55% management fee plus 1.05% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $21K in broker commissions, 0.0390% of average net assets, and portfolio turnover was 56%.
AEEIX Fees and Expenses
Annual operating expenses and sales charges of AEEIX. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.05% |
| Gross expense ratio | 1.60% |
| Fee waiver | — |
| Net expense ratio | 1.60% |
| 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 |
AEEIX Costs Over Time
On $10,000 invested in AEEIX, assuming 5% a year before costs, total costs come to $1,012 over 5 years, cutting the return by 1.72% 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 1.60%) | $168 | $521 | $897 |
| Trading costs (broker commissions) | $4 | $13 | $22 |
| Lost growth on money paid in costs | $0 | $27 | $93 |
| Total costs | $172 | $560 | $1,012 |
| Value after costs | $10,328 | $11,016 | $11,751 |
| Impact on return, per year | 1.72% | 1.72% | 1.72% |
AEEIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0390%
- Total broker commissions: $21K
- Bought from dealers (principal trades, not a cost): $34.8M
- Portfolio turnover (prospectus): 56%
- Securities on loan, average value: $703K
- Net income from securities lending: $2K (0.004% of average net assets)
AEEIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $3K | 15.56% |
| Goldman Sachs & Co. LLC | $2K | 13.77% |
| UBS Securities LLC | $2K | 13.28% |
| Wells Fargo Securities, LLC | $2K | 12.55% |
| Jefferies LLC | $2K | 9.83% |
| J.P. Morgan Securities LLC | $1K | 8.18% |
| RBC Capital Markets, LLC | $1K | 7.97% |
| BMO Capital Markets Corp. | $1K | 7.05% |
| Morgan Stanley & Co. LLC | $1K | 6.97% |
| Liquidnet, Inc. | $800 | 4.85% |
AEEIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Brown Brothers Harriman Investments, LLC | $34.6M | 99.55% |
| Morgan Stanley & Co. LLC | $156K | 0.45% |
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.