ASYLX Fees and Costs — AB Select US Long/Short Portfolio, Advisor Class
Data updated: 2026-09-09
The net expense ratio is 1.65% (1.72% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $491K in broker commissions, 0.0324% of average net assets, and portfolio turnover was 296%.
ASYLX Fees and Expenses
Annual operating expenses and sales charges of ASYLX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.15% |
| Gross expense ratio | 1.72% |
| Fee waiver | −0.07% |
| Net expense ratio | 1.65% |
| 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 |
ASYLX Costs Over Time
On $10,000 invested in ASYLX, assuming 5% a year before costs, total costs come to $1,038 over 5 years, cutting the return by 1.77% 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 1.65%) | $173 | $537 | $924 |
| Trading costs (broker commissions) | $3 | $11 | $18 |
| Lost growth on money paid in costs | $0 | $27 | $96 |
| Total costs | $177 | $575 | $1,038 |
| Value after costs | $10,323 | $11,002 | $11,725 |
| Impact on return, per year | 1.77% | 1.77% | 1.77% |
ASYLX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0324%
- Total broker commissions: $491K
- Bought from dealers (principal trades, not a cost): $3.1B
- Portfolio turnover (prospectus): 296%
- Securities on loan, average value: $858K
- Net income from securities lending: $1K (0.000% of average net assets)
ASYLX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $90K | 19.52% |
| Morgan Stanley & Co. LLC | $76K | 16.56% |
| Goldman Sachs & Co. LLC | $74K | 16.05% |
| UBS Securities LLC | $54K | 11.72% |
| BofA Securities, Inc. | $49K | 10.61% |
| Jefferies LLC | $43K | 9.22% |
| Citigroup Global Markets Inc. | $35K | 7.58% |
| Barclays Capital Inc. | $16K | 3.47% |
| TD Securities (USA) LLC | $15K | 3.28% |
| Citation Group Ltd. | $9K | 1.99% |
ASYLX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $3.1B | 99.51% |
| Goldman Sachs & Co. LLC | $6.0M | 0.19% |
| Morgan Stanley & Co. LLC | $5.3M | 0.17% |
| Jefferies LLC | $2.0M | 0.06% |
| BofA Securities, Inc. | $1.3M | 0.04% |
| J.P. Morgan Securities LLC | $655K | 0.02% |
AB Select US Long/Short Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ASILX | Class I | 1.61% | none |
| ASYLX | Advisor Class | 1.65% | none |
| ASLAX | Class A | 1.90% | 4.25% |
| ASCLX | Class C | 2.65% | 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.