AOHAX Fees and Costs — AB Ohio Portfolio, Class A
Data updated: 2025-04-28
The net expense ratio is 0.81%: a 0.45% management fee, a 0.25% 12b-1 fee plus 0.65% other expenses, less a 0.54% fee waiver. This share class carries a maximum front-end sales load of 3.00%. Portfolio turnover was 16%.
AOHAX Fees and Expenses
Annual operating expenses and sales charges of AOHAX. Prospectus, as of September 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.65% |
| Gross expense ratio | 1.35% |
| Fee waiver | −0.54% |
| Net expense ratio | 0.81% |
| Sales charges | |
|---|---|
| Max front load | 3.00% |
| 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 |
AOHAX Costs Over Time
On $10,000 invested in AOHAX, assuming 5% a year before costs, total costs come to $876 over 5 years, cutting the return by 1.48% 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 | $300 | $300 | $300 |
| Fund expenses (net expense ratio 0.81%) | $82 | $258 | $448 |
| Lost growth on money paid in costs | $15 | $60 | $128 |
| Total costs | $397 | $618 | $876 |
| Value after costs | $10,103 | $10,958 | $11,887 |
| Impact on return, per year | 3.97% | 1.90% | 1.48% |
AOHAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $54.5M
- Portfolio turnover (prospectus): 16%
- Securities lending: none during the year
AOHAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $33.8M | 63.99% |
| RBC Capital Markets, LLC | $5.0M | 9.55% |
| J.P. Morgan Securities LLC | $3.8M | 7.12% |
| Wells Fargo Securities, LLC | $2.3M | 4.40% |
| Barclays Capital Inc. | $2.0M | 3.79% |
| MarketAxess Corporation | $1.3M | 2.55% |
| TD Securities (USA) LLC | $1.3M | 2.51% |
| BNY Mellon Capital Markets, LLC | $1.1M | 2.17% |
| Robert W. Baird & Co. Incorporated | $1.0M | 1.96% |
| Guardian Capital LP | $1.0M | 1.96% |
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.