C000028838 Fees and Costs — AB Discovery Value Portfolio, Class A
Data updated: 2026-08-26
The net expense ratio is 0.82%: a 0.75% management fee plus 0.07% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $387K in broker commissions, 0.0571% of average net assets, and portfolio turnover was 62%.
C000028838 Fees and Expenses
Annual operating expenses and sales charges of C000028838. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | — |
| Other expenses | 0.07% |
| Gross expense ratio | 0.82% |
| Fee waiver | — |
| Net expense ratio | 0.82% |
| 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 |
C000028838 Costs Over Time
On $10,000 invested in C000028838, assuming 5% a year before costs, total costs come to $550 over 5 years, cutting the return by 0.92% 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 0.82%) | $86 | $269 | $467 |
| Trading costs (broker commissions) | $6 | $19 | $33 |
| Lost growth on money paid in costs | $0 | $14 | $50 |
| Total costs | $92 | $302 | $550 |
| Value after costs | $10,408 | $11,274 | $12,213 |
| Impact on return, per year | 0.92% | 0.92% | 0.92% |
C000028838 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0571%
- Total broker commissions: $387K
- Bought from dealers (principal trades, not a cost): $318.0M
- Portfolio turnover (prospectus): 62%
- Securities on loan, average value: $117.8M
- Net income from securities lending: $159K (0.023% of average net assets)
C000028838 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $88K | 26.47% |
| UBS Securities LLC | $37K | 11.22% |
| BMO Capital Markets Corp. | $35K | 10.62% |
| Barclays Capital Inc. | $34K | 10.27% |
| Jefferies LLC | $32K | 9.78% |
| Morgan Stanley & Co. LLC | $25K | 7.53% |
| Goldman Sachs & Co. LLC | $24K | 7.32% |
| J.P. Morgan Securities LLC | $22K | 6.67% |
| Wells Fargo Securities, LLC | $21K | 6.34% |
| Liquidnet, Inc. | $13K | 3.80% |
C000028838 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $318.0M | 100.00% |
AB Discovery Value Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000028838 | Class A | 0.82% | — |
| C000028839 | Class B | 1.07% | — |
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.