C000147172 Fees and Costs — AB All Market Income Portfolio, Class C
Data updated: 2023-02-09
The net expense ratio is 1.74% (2.40% before fee waivers). This share class carries a deferred sales charge of up to 1.00%. In fiscal 2022 the fund paid $42K in broker commissions, 0.0537% of average net assets, and portfolio turnover was 86%.
C000147172 Fees and Expenses
Annual operating expenses and sales charges of C000147172. Prospectus, as of February 28, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.70% |
| Gross expense ratio | 2.40% |
| Fee waiver | −0.66% |
| Net expense ratio | 1.74% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000147172 Costs Over Time
On $10,000 invested in C000147172, assuming 5% a year before costs, total costs come to $1,104 over 5 years, cutting the return by 1.88% 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 | $103 | $0 | $0 |
| Fund expenses (net expense ratio 1.74%) | $183 | $565 | $972 |
| Trading costs (broker commissions) | $6 | $17 | $30 |
| Lost growth on money paid in costs | $0 | $29 | $102 |
| Total costs | $291 | $612 | $1,104 |
| Value after costs | $10,209 | $10,964 | $11,659 |
| Impact on return, per year | 2.91% | 1.88% | 1.88% |
C000147172 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0537%
- Total broker commissions: $42K
- Bought from dealers (principal trades, not a cost): $2.1B
- Portfolio turnover (prospectus): 86%
- Securities on loan, average value: $1.3M
- Net income from securities lending: $17K (0.022% of average net assets)
C000147172 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $27K | 64.92% |
| Citigroup Global Markets Inc. | $5K | 11.26% |
| J.P. Morgan Securities LLC | $4K | 8.74% |
| UBS Securities LLC | $2K | 5.51% |
| Credit Suisse Securities (USA) LLC | $1K | 3.36% |
| BofA Securities, Inc. | $1K | 3.01% |
| Goldman Sachs & Co. LLC | $540 | 1.31% |
| Barclays Capital Inc. | $498 | 1.21% |
| Loop Capital Markets LLC | $152 | 0.37% |
| Citation Group Ltd. | $135 | 0.33% |
C000147172 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $1.2B | 58.69% |
| BofA Securities, Inc. | $590.9M | 28.17% |
| State Street Bank and Trust Company | $184.5M | 8.79% |
| J.P. Morgan Securities LLC | $52.8M | 2.52% |
| UBS Securities LLC | $24.0M | 1.14% |
| SG Americas Securities, LLC | $6.7M | 0.32% |
| Citigroup Global Markets Inc. | $4.8M | 0.23% |
| Deutsche Bank Securities Inc. | $1.4M | 0.07% |
| Cabrera Capital, Inc. | $1.1M | 0.05% |
| Barclays Capital Inc. | $429K | 0.02% |
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.