BUFI Fees and Costs — AB International Buffer ETF
Data updated: 2026-07-24
The net expense ratio is 0.69%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $414K in broker commissions, 1.0063% of average net assets, and portfolio turnover was 0%.
BUFI Fees and Expenses
Annual operating expenses and sales charges of BUFI. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.69% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.69% |
| Fee waiver | — |
| Net expense ratio | 0.69% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
BUFI Costs Over Time
On $10,000 invested in BUFI, assuming 5% a year before costs, total costs come to $1,046 over 5 years, cutting the return by 1.78% 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 0.69%) | $72 | $224 | $386 |
| Trading costs (broker commissions) | $106 | $327 | $563 |
| Lost growth on money paid in costs | $0 | $27 | $97 |
| Total costs | $178 | $579 | $1,046 |
| Value after costs | $10,322 | $10,997 | $11,716 |
| Impact on return, per year | 1.78% | 1.78% | 1.78% |
BUFI Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 1.0063%
- Total broker commissions: $414K
- Bought from dealers (principal trades, not a cost): $2.6M
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
BUFI Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SG Americas Securities, LLC | $291K | 70.33% |
| Morgan Stanley & Co. LLC | $123K | 29.67% |
BUFI Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $2.6M | 100.00% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.