C000180083 Fees and Costs — AB FlexFee Core Opportunities Portfolio, Advisor Class
Data updated: 2020-05-28
The net expense ratio is 0.95% (23.00% before fee waivers). There are no sales loads or redemption fees. In fiscal 2019 the fund paid $264 in broker commissions, 0.0235% of average net assets, and portfolio turnover was 144%.
C000180083 Fees and Expenses
Annual operating expenses and sales charges of C000180083. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | 0.00% |
| Other expenses | 22.08% |
| Gross expense ratio | 23.00% |
| Fee waiver | −22.05% |
| Net expense ratio | 0.95% |
| 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 |
C000180083 Costs Over Time
On $10,000 invested in C000180083, assuming 5% a year before costs, total costs come to $609 over 5 years, cutting the return by 1.02% 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 0.95%) | $100 | $311 | $540 |
| Trading costs (broker commissions) | $2 | $8 | $13 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $102 | $335 | $609 |
| Value after costs | $10,398 | $11,241 | $12,154 |
| Impact on return, per year | 1.02% | 1.02% | 1.02% |
C000180083 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0235%
- Total broker commissions: $264
- Bought from dealers (principal trades, not a cost): $718K
- Portfolio turnover (prospectus): 144%
- Securities on loan, average value: $0
- Net income from securities lending: $0 (0.000% of average net assets)
C000180083 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $54 | 22.62% |
| Morgan Stanley & Co. LLC | $37 | 15.52% |
| Citigroup Global Markets Inc. | $27 | 11.51% |
| UBS Securities LLC | $25 | 10.68% |
| J.P. Morgan Securities LLC | $24 | 10.28% |
| Credit Suisse Securities (USA) LLC | $20 | 8.29% |
| Cowen and Company, LLC | $20 | 8.26% |
| Barclays Capital Inc. | $14 | 6.00% |
| Citation Group Ltd. | $8 | 3.51% |
| Liquidnet, Inc. | $8 | 3.33% |
C000180083 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Brown Brothers Harriman & Co. | $716K | 99.70% |
| Cowen and Company, LLC | $2K | 0.30% |
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.