AMTAX Fees and Costs — AB All Market Real Return Portfolio, Class A
Data updated: 2026-09-24
The net expense ratio is 1.20% (1.24% before fee waivers). This share class carries a maximum front-end sales load of 4.25%. In fiscal 2025 the fund paid $448K in broker commissions, 0.0661% of average net assets, and portfolio turnover was 100%.
AMTAX Fees and Expenses
Annual operating expenses and sales charges of AMTAX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.19% |
| Gross expense ratio | 1.24% |
| Fee waiver | −0.04% |
| Net expense ratio | 1.20% |
| Sales charges | |
|---|---|
| Max front load | 4.25% |
| 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 |
AMTAX Costs Over Time
On $10,000 invested in AMTAX, assuming 5% a year before costs, total costs come to $1,297 over 5 years, cutting the return by 2.23% 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 | $425 | $425 | $425 |
| Fund expenses (net expense ratio 1.20%) | $121 | $375 | $649 |
| Trading costs (broker commissions) | $7 | $21 | $36 |
| Lost growth on money paid in costs | $21 | $87 | $187 |
| Total costs | $574 | $908 | $1,297 |
| Value after costs | $9,926 | $10,669 | $11,466 |
| Impact on return, per year | 5.74% | 2.82% | 2.23% |
AMTAX 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): 0.0661%
- Total broker commissions: $448K
- Bought from dealers (principal trades, not a cost): $805.1M
- Portfolio turnover (prospectus): 100%
- Securities on loan, average value: $16.1M
- Net income from securities lending: $81K (0.012% of average net assets)
AMTAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $236K | 55.18% |
| UBS Securities LLC | $42K | 9.80% |
| J.P. Morgan Securities LLC | $36K | 8.30% |
| BofA Securities, Inc. | $32K | 7.37% |
| Goldman Sachs & Co. LLC | $24K | 5.61% |
| Citigroup Global Markets Inc. | $24K | 5.54% |
| Barclays Capital Inc. | $21K | 4.79% |
| Jefferies LLC | $8K | 1.92% |
| Wells Fargo Securities, LLC | $3K | 0.78% |
| BMO Capital Markets Corp. | $3K | 0.72% |
AMTAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $787.1M | 97.77% |
| Citadel Securities LLC | $9.7M | 1.20% |
| Jane Street Execution Services, LLC | $8.3M | 1.03% |
AB All Market Real Return Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| AMTZX | Class Z | 0.91% | none |
| AMTYX | Advisor Class | 0.95% | none |
| AMTOX | Class 1 | 1.15% | none |
| AMTAX | Class A | 1.20% | 4.25% |
| ACMTX | Class C | 1.97% | 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.