C000107585 Fees and Costs — AB Short Duration High Yield Portfolio, Class I
Data updated: 2024-05-24
The net expense ratio is 0.75%: a 0.60% management fee plus 0.78% other expenses, less a 0.63% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $4K in broker commissions, 0.0009% of average net assets, and portfolio turnover was 67%.
C000107585 Fees and Expenses
Annual operating expenses and sales charges of C000107585. Prospectus, as of November 30, 2011.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.78% |
| Gross expense ratio | 1.38% |
| Fee waiver | −0.63% |
| Net expense ratio | 0.75% |
| 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 |
C000107585 Costs Over Time
On $10,000 invested in C000107585, assuming 5% a year before costs, total costs come to $472 over 5 years, cutting the return by 0.79% 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 0.75%) | $79 | $246 | $428 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $79 | $259 | $472 |
| Value after costs | $10,421 | $11,317 | $12,291 |
| Impact on return, per year | 0.79% | 0.79% | 0.79% |
C000107585 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0009%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $1.8B
- Portfolio turnover (prospectus): 67%
- Securities lending: none during the year
C000107585 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $3K | 87.85% |
| BMO Capital Markets Corp. | $242 | 6.26% |
| RBC Capital Markets, LLC | $112 | 2.91% |
| BofA Securities, Inc. | $91 | 2.36% |
| National Financial Services LLC | $10 | 0.27% |
| Liquidnet, Inc. | $7 | 0.17% |
| BTIG, LLC | $3 | 0.08% |
| Guardian Capital LP | $2 | 0.05% |
| Wells Fargo Securities, LLC | $2 | 0.04% |
| UBS Securities LLC | $0 | 0.01% |
C000107585 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $650.6M | 39.15% |
| Morgan Stanley & Co. LLC | $473.7M | 28.51% |
| Goldman Sachs & Co. LLC | $161.2M | 9.70% |
| BofA Securities, Inc. | $107.1M | 6.44% |
| J.P. Morgan Securities LLC | $70.7M | 4.26% |
| Jefferies LLC | $68.3M | 4.11% |
| Barclays Capital Inc. | $36.7M | 2.21% |
| Citigroup Global Markets Inc. | $35.8M | 2.15% |
| Deutsche Bank Securities Inc. | $34.1M | 2.05% |
| Citadel Securities LLC | $23.8M | 1.43% |
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.