YEAR Fees and Costs — AB Ultra Short Income ETF
Data updated: 2026-07-24
The net expense ratio is 0.25%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $9K in broker commissions, 0.0007% of average net assets, and portfolio turnover was 114%.
YEAR Fees and Expenses
Annual operating expenses and sales charges of YEAR. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.25% |
| Fee waiver | — |
| Net expense ratio | 0.25% |
| 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 |
YEAR Costs Over Time
On $10,000 invested in YEAR, assuming 5% a year before costs, total costs come to $159 over 5 years, cutting the return by 0.26% 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 0.25%) | $26 | $83 | $144 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $4 | $14 |
| Total costs | $26 | $87 | $159 |
| Value after costs | $10,474 | $11,489 | $12,604 |
| Impact on return, per year | 0.26% | 0.26% | 0.26% |
YEAR Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0007%
- Total broker commissions: $9K
- Bought from dealers (principal trades, not a cost): $5.5B
- Portfolio turnover (prospectus): 114%
- Securities lending: none during the year
YEAR Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $9K | 100.00% |
YEAR Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $3.1B | 62.58% |
| BofA Securities, Inc. | $369.7M | 7.48% |
| J.P. Morgan Securities LLC | $262.2M | 5.31% |
| Barclays Capital Inc. | $242.1M | 4.90% |
| Citadel Securities LLC | $237.6M | 4.81% |
| Goldman Sachs & Co. LLC | $229.8M | 4.65% |
| Wells Fargo Securities, LLC | $197.5M | 4.00% |
| Jane Street Execution Services, LLC | $120.8M | 2.44% |
| Mizuho Securities USA LLC | $103.9M | 2.10% |
| Citigroup Global Markets Inc. | $85.9M | 1.74% |
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.