GSXIX Fees and Costs — abrdn U.S. Small Cap Equity Fund, Institutional Service Class
Data updated: 2026-09-29
The net expense ratio is 1.11%: a 0.84% management fee plus 0.41% other expenses, less a 0.14% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $156K in broker commissions, 0.0454% of average net assets, and portfolio turnover was 48%.
GSXIX Fees and Expenses
Annual operating expenses and sales charges of GSXIX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.84% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.41% |
| Gross expense ratio | 1.25% |
| Fee waiver | −0.14% |
| Net expense ratio | 1.11% |
| 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 | Yes |
GSXIX Costs Over Time
On $10,000 invested in GSXIX, assuming 5% a year before costs, total costs come to $720 over 5 years, cutting the return by 1.21% 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 1.11%) | $117 | $363 | $629 |
| Trading costs (broker commissions) | $5 | $15 | $26 |
| Lost growth on money paid in costs | $0 | $19 | $66 |
| Total costs | $121 | $397 | $720 |
| Value after costs | $10,379 | $11,180 | $12,042 |
| Impact on return, per year | 1.21% | 1.21% | 1.21% |
GSXIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0454%
- Total broker commissions: $156K
- Bought from dealers (principal trades, not a cost): $210.8M
- Portfolio turnover (prospectus): 48%
- Securities lending: none during the year
GSXIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Mizuho Securities USA LLC | $16K | 15.69% |
| Fidelity Brokerage Services LLC | $15K | 15.11% |
| BNY Capital Markets, LLC | $12K | 11.86% |
| Raymond James & Associates, Inc. | $11K | 10.95% |
| D.A. Davidson & Co. | $10K | 10.12% |
| Citigroup Global Markets Inc. | $10K | 9.96% |
| RBC Capital Markets, LLC | $9K | 8.57% |
| Robert W. Baird & Co. Incorporated | $7K | 7.20% |
| J.P. Morgan Securities LLC | $5K | 5.34% |
| Goldman Sachs & Co. LLC | $5K | 5.19% |
GSXIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $210.7M | 99.99% |
| Wells Fargo Securities, LLC | $30K | 0.01% |
abrdn U.S. Small Cap Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GSCIX | Institutional Class | 0.95% | none |
| GSXIX | Institutional Service Class | 1.11% | none |
| GSXAX | Class A | 1.35% | 5.75% |
| GNSRX | Class R | 1.60% | none |
| GSXCX | Class C | 1.95% | 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.