AMAYX Fees and Costs — AB Massachusetts Portfolio, Advisor Class
Data updated: 2026-09-25
The net expense ratio is 0.52%: a 0.45% management fee plus 0.20% other expenses, less a 0.13% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 14%.
AMAYX Fees and Expenses
Annual operating expenses and sales charges of AMAYX. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.20% |
| Gross expense ratio | 0.65% |
| Fee waiver | −0.13% |
| 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 |
AMAYX Costs Over Time
On $10,000 invested in AMAYX, assuming 5% a year before costs, total costs come to $328 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 |
| Lost growth on money paid in costs | $0 | $8 | $30 |
| Total costs | $55 | $180 | $328 |
| Value after costs | $10,445 | $11,397 | $12,434 |
| Impact on return, per year | 0.55% | 0.55% | 0.55% |
AMAYX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $296.7M
- Portfolio turnover (prospectus): 14%
- Securities lending: none during the year
AMAYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $177.4M | 61.77% |
| J.P. Morgan Securities LLC | $27.9M | 9.73% |
| BNY Capital Markets, LLC | $15.6M | 5.43% |
| Barclays Capital Inc. | $14.9M | 5.17% |
| Wells Fargo Securities, LLC | $12.8M | 4.46% |
| Goldman Sachs & Co. LLC | $11.7M | 4.09% |
| Morgan Stanley & Co. LLC | $9.8M | 3.41% |
| Guardian Capital LP | $8.1M | 2.81% |
| National Financial Services LLC | $5.7M | 1.98% |
| Stifel, Nicolaus & Company, Incorporated | $3.3M | 1.15% |
AB Massachusetts Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| AMAYX | Advisor Class | 0.52% | none |
| AMAAX | Class A | 0.77% | 3.00% |
| AMACX | Class C | 1.52% | none |
| AMABX | Class B | 1.53% | 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.