GCEAX Fees and Costs — AB Global Core Equity Portfolio, Class A
Data updated: 2026-09-09
The net expense ratio is 1.03%: a 0.74% management fee, a 0.25% 12b-1 fee plus 0.04% other expenses. This share class carries a maximum front-end sales load of 4.25%. In fiscal 2026 the fund paid $709K in broker commissions, 0.0294% of average net assets, and portfolio turnover was 67%.
GCEAX Fees and Expenses
Annual operating expenses and sales charges of GCEAX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.74% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.04% |
| Gross expense ratio | 1.03% |
| Fee waiver | — |
| Net expense ratio | 1.03% |
| 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 |
GCEAX Costs Over Time
On $10,000 invested in GCEAX, assuming 5% a year before costs, total costs come to $1,176 over 5 years, cutting the return by 2.01% 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 1.03%) | $104 | $323 | $560 |
| Trading costs (broker commissions) | $3 | $9 | $16 |
| Lost growth on money paid in costs | $21 | $83 | $176 |
| Total costs | $553 | $841 | $1,176 |
| Value after costs | $9,947 | $10,736 | $11,587 |
| Impact on return, per year | 5.53% | 2.61% | 2.01% |
GCEAX 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): 0.0294%
- Total broker commissions: $709K
- Bought from dealers (principal trades, not a cost): $632.2M
- Portfolio turnover (prospectus): 67%
- Securities on loan, average value: $608K
- Net income from securities lending: $316 (0.000% of average net assets)
GCEAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $176K | 28.33% |
| J.P. Morgan Securities LLC | $98K | 15.74% |
| BofA Securities, Inc. | $83K | 13.46% |
| Goldman Sachs & Co. LLC | $80K | 12.98% |
| Jefferies LLC | $44K | 7.16% |
| UBS Securities LLC | $39K | 6.35% |
| Barclays Capital Inc. | $37K | 5.92% |
| TD Securities (USA) LLC | $22K | 3.63% |
| Wells Fargo Securities, LLC | $21K | 3.45% |
| Citigroup Global Markets Inc. | $18K | 2.98% |
GCEAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Brown Brothers Harriman Investments, LLC | $608.8M | 96.30% |
| Goldman Sachs & Co. LLC | $23.4M | 3.70% |
AB Global Core Equity Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GCEYX | Advisor Class | 0.78% | none |
| GCEAX | Class A | 1.03% | 4.25% |
| GCECX | Class C | 1.78% | 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.