C000028100 Fees and Costs — Ab Equity Income Fund INC, Class B
Data updated: 2026-07-24
The net expense ratio is 1.77%: a 0.55% management fee, a 1.00% 12b-1 fee plus 0.22% other expenses. This share class carries a deferred sales charge of up to 4.00%. In fiscal 2025 the fund paid $58K in broker commissions, 0.0094% of average net assets, and portfolio turnover was 35%.
C000028100 Fees and Expenses
Annual operating expenses and sales charges of C000028100. Prospectus, as of February 28, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.22% |
| Gross expense ratio | 1.77% |
| Fee waiver | — |
| Net expense ratio | 1.77% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 4.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000028100 Costs Over Time
On $10,000 invested in C000028100, assuming 5% a year before costs, total costs come to $1,096 over 5 years, cutting the return by 1.87% 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 | $413 | $0 | $0 |
| Fund expenses (net expense ratio 1.77%) | $186 | $575 | $989 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $29 | $101 |
| Total costs | $599 | $607 | $1,096 |
| Value after costs | $9,901 | $10,969 | $11,667 |
| Impact on return, per year | 5.99% | 1.87% | 1.87% |
C000028100 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): 0.0094%
- Total broker commissions: $58K
- Bought from dealers (principal trades, not a cost): $204.2M
- Portfolio turnover (prospectus): 35%
- Securities on loan, average value: $19.1M
- Net income from securities lending: $22K (0.004% of average net assets)
C000028100 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $8K | 16.87% |
| UBS Securities LLC | $7K | 15.57% |
| Barclays Capital Inc. | $5K | 11.78% |
| Morgan Stanley & Co. LLC | $5K | 11.71% |
| BofA Securities, Inc. | $5K | 10.17% |
| J.P. Morgan Securities LLC | $4K | 9.21% |
| Goldman Sachs & Co. LLC | $4K | 8.86% |
| Liquidnet, Inc. | $3K | 6.16% |
| Citigroup Global Markets Inc. | $2K | 4.87% |
| Jefferies LLC | $2K | 4.80% |
C000028100 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $204.2M | 100.00% |
Ab Equity Income 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 |
|---|---|---|---|
| AUIZX | Class Z | 0.59% | none |
| AUIYX | Advisor Class | 0.62% | none |
| AUIIX | Class I | 0.65% | none |
| AUIAX | Class A | 0.87% | 4.25% |
| AUICX | Class C | 1.63% | none |
| C000028100 | Class B | 1.77% | 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.