C000103971 Fees and Costs — AB Emerging Markets Multi-Asset Portfolio, Class K
Data updated: 2026-09-09
The net expense ratio is 1.25%: a 0.85% management fee, a 0.25% 12b-1 fee plus 0.74% other expenses, less a 0.60% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $47K in broker commissions, 0.0266% of average net assets, and portfolio turnover was 135%.
C000103971 Fees and Expenses
Annual operating expenses and sales charges of C000103971. Prospectus, as of July 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.74% |
| Gross expense ratio | 1.85% |
| Fee waiver | −0.60% |
| Net expense ratio | 1.25% |
| 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 |
C000103971 Costs Over Time
On $10,000 invested in C000103971, assuming 5% a year before costs, total costs come to $794 over 5 years, cutting the return by 1.34% 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 1.25%) | $131 | $408 | $706 |
| Trading costs (broker commissions) | $3 | $9 | $15 |
| Lost growth on money paid in costs | $0 | $21 | $73 |
| Total costs | $134 | $438 | $794 |
| Value after costs | $10,366 | $11,139 | $11,969 |
| Impact on return, per year | 1.34% | 1.34% | 1.34% |
C000103971 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): 0.0266%
- Total broker commissions: $47K
- Bought from dealers (principal trades, not a cost): $132.2M
- Portfolio turnover (prospectus): 135%
- Securities on loan, average value: $469K
- Net income from securities lending: $1K (0.001% of average net assets)
C000103971 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $13K | 27.27% |
| J.P. Morgan Securities LLC | $11K | 24.51% |
| Citigroup Global Markets Inc. | $6K | 12.36% |
| Morgan Stanley & Co. LLC | $5K | 10.32% |
| BofA Securities, Inc. | $5K | 10.28% |
| UBS Securities LLC | $3K | 6.53% |
| Jefferies LLC | $2K | 5.18% |
| Santander Securities LLC | $825 | 1.78% |
| Nomura Securities International, Inc. | $447 | 0.96% |
| Macquarie Capital (USA) Inc. | $369 | 0.80% |
C000103971 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Brown Brothers Harriman Investments, LLC | $58.1M | 47.17% |
| HSBC Securities (USA) Inc. | $13.9M | 11.25% |
| BofA Securities, Inc. | $13.2M | 10.74% |
| Morgan Stanley & Co. LLC | $8.7M | 7.04% |
| Citadel Securities LLC | $8.0M | 6.53% |
| Santander Securities LLC | $7.7M | 6.29% |
| Barclays Capital Inc. | $4.5M | 3.66% |
| J.P. Morgan Securities LLC | $3.4M | 2.78% |
| Citigroup Global Markets Inc. | $2.9M | 2.39% |
| Jefferies LLC | $2.6M | 2.14% |
AB Emerging Markets Multi-Asset Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ABIEX | Class I | 1.00% | none |
| ABYEX | Advisor Class | 1.00% | none |
| ABAEX | Class A | 1.25% | 4.25% |
| C000103971 | Class K | 1.25% | none |
| ABCEX | Class C | 2.00% | 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.