C000028071 Fees and Costs — Ab Discovery Growth Fund, Inc., Class R
Data updated: 2026-09-14
The net expense ratio is 1.36%: a 0.60% management fee, a 0.50% 12b-1 fee plus 0.26% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1.4M in broker commissions, 0.0540% of average net assets, and portfolio turnover was 80%.
C000028071 Fees and Expenses
Annual operating expenses and sales charges of C000028071. Prospectus, as of October 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.26% |
| Gross expense ratio | 1.36% |
| Fee waiver | — |
| Net expense ratio | 1.36% |
| 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 |
C000028071 Costs Over Time
On $10,000 invested in C000028071, assuming 5% a year before costs, total costs come to $877 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 |
| Fund expenses (net expense ratio 1.36%) | $143 | $444 | $766 |
| Trading costs (broker commissions) | $6 | $18 | $30 |
| Lost growth on money paid in costs | $0 | $23 | $81 |
| Total costs | $148 | $484 | $877 |
| Value after costs | $10,352 | $11,092 | $11,886 |
| Impact on return, per year | 1.48% | 1.48% | 1.48% |
C000028071 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): 0.0540%
- Total broker commissions: $1.4M
- Bought from dealers (principal trades, not a cost): $2.2B
- Portfolio turnover (prospectus): 80%
- Securities on loan, average value: $272.8M
- Net income from securities lending: $1.5M (0.056% of average net assets)
C000028071 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $268K | 20.93% |
| Goldman Sachs & Co. LLC | $180K | 14.07% |
| J.P. Morgan Securities LLC | $171K | 13.29% |
| Barclays Capital Inc. | $163K | 12.73% |
| BofA Securities, Inc. | $153K | 11.96% |
| UBS Securities LLC | $104K | 8.13% |
| Morgan Stanley & Co. LLC | $84K | 6.53% |
| Citigroup Global Markets Inc. | $78K | 6.05% |
| Wells Fargo Securities, LLC | $44K | 3.45% |
| Liquidnet, Inc. | $37K | 2.86% |
C000028071 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $1.8B | 81.30% |
| BofA Securities, Inc. | $103.3M | 4.64% |
| J.P. Morgan Securities LLC | $103.2M | 4.63% |
| Goldman Sachs & Co. LLC | $66.0M | 2.96% |
| Morgan Stanley & Co. LLC | $50.6M | 2.27% |
| Stifel, Nicolaus & Company, Incorporated | $36.4M | 1.63% |
| Jefferies LLC | $31.0M | 1.39% |
| Barclays Capital Inc. | $13.2M | 0.59% |
| Brown Brothers Harriman Investments, LLC | $13.0M | 0.58% |
Ab Discovery Growth Fund, Inc. Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CHCZX | Class Z | 0.67% | none |
| CHCYX | Advisor Class | 0.69% | none |
| CHCIX | Class I | 0.76% | none |
| CHCLX | Class A | 0.92% | 4.25% |
| C000028071 | Class R | 1.36% | none |
| CHCCX | Class C | 1.69% | 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.