C000158542 Fees and Costs — AB International Low Volatility Equity Portfolio, Class A
Data updated: 2024-09-09
The net expense ratio is 1.00%: a 0.65% management fee, a 0.25% 12b-1 fee plus 0.11% other expenses, less a 0.01% fee waiver. This share class carries a maximum front-end sales load of 4.25%. In fiscal 2024 the fund paid $306K in broker commissions, 0.0427% of average net assets, and portfolio turnover was 42%.
C000158542 Fees and Expenses
Annual operating expenses and sales charges of C000158542. Prospectus, as of October 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.11% |
| Gross expense ratio | 1.01% |
| Fee waiver | −0.01% |
| Net expense ratio | 1.00% |
| Sales charges | |
|---|---|
| Max front load | 4.25% |
| 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 |
C000158542 Costs Over Time
On $10,000 invested in C000158542, assuming 5% a year before costs, total costs come to $1,166 over 5 years, cutting the return by 1.99% 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 | $425 | $425 | $425 |
| Fund expenses (net expense ratio 1.00%) | $101 | $314 | $544 |
| Trading costs (broker commissions) | $4 | $13 | $23 |
| Lost growth on money paid in costs | $21 | $83 | $175 |
| Total costs | $551 | $835 | $1,166 |
| Value after costs | $9,949 | $10,741 | $11,596 |
| Impact on return, per year | 5.51% | 2.59% | 1.99% |
C000158542 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0427%
- Total broker commissions: $306K
- Bought from dealers (principal trades, not a cost): $1.0B
- Portfolio turnover (prospectus): 42%
- Securities on loan, average value: $6.2M
- Net income from securities lending: $140K (0.020% of average net assets)
C000158542 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $57K | 19.71% |
| Morgan Stanley & Co. LLC | $47K | 16.26% |
| Goldman Sachs & Co. LLC | $37K | 12.83% |
| Jefferies LLC | $34K | 11.52% |
| Barclays Capital Inc. | $29K | 9.91% |
| UBS Securities LLC | $29K | 9.91% |
| J.P. Morgan Securities LLC | $21K | 7.16% |
| Citigroup Global Markets Inc. | $17K | 5.77% |
| Berenberg Capital Markets LLC | $15K | 5.31% |
| BNP Paribas Securities Corp. | $5K | 1.62% |
C000158542 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Brown Brothers Harriman Investments, LLC | $375.4M | 41.15% |
| BofA Securities, Inc. | $102.7M | 11.25% |
| Morgan Stanley & Co. LLC | $93.3M | 10.22% |
| Goldman Sachs & Co. LLC | $69.9M | 7.66% |
| Jefferies LLC | $65.9M | 7.23% |
| Berenberg Capital Markets LLC | $49.8M | 5.46% |
| Barclays Capital Inc. | $46.2M | 5.06% |
| UBS Securities LLC | $38.7M | 4.24% |
| J.P. Morgan Securities LLC | $36.4M | 3.99% |
| Citigroup Global Markets Inc. | $34.0M | 3.73% |
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.