C000005696 Fees and Costs — PSF PGIM Government Income Portfolio, Class I
Data updated: 2025-05-27
The net expense ratio is 0.52%: a 0.40% management fee plus 0.12% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $10K in broker commissions, 0.0068% of average net assets, and portfolio turnover was 87%.
C000005696 Fees and Expenses
Annual operating expenses and sales charges of C000005696. Prospectus, as of April 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.12% |
| Gross expense ratio | 0.52% |
| Fee waiver | — |
| Net expense ratio | 0.52% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000005696 Costs Over Time
On $10,000 invested in C000005696, assuming 5% a year before costs, total costs come to $333 over 5 years, cutting the return by 0.55% 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 0.52%) | $55 | $171 | $298 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $9 | $30 |
| Total costs | $55 | $182 | $333 |
| Value after costs | $10,445 | $11,394 | $12,430 |
| Impact on return, per year | 0.55% | 0.55% | 0.55% |
C000005696 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0068%
- Total broker commissions: $10K
- Bought from dealers (principal trades, not a cost): $259.4M
- Portfolio turnover (prospectus): 87%
- Securities on loan, average value: $569K
- Net income from securities lending: $329 (0.000% of average net assets)
C000005696 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $6K | 62.79% |
| BOFA SECURITIES, INC. | $2K | 22.62% |
| CitiGroup Global Markets Inc. | $1K | 10.39% |
| GOLDMAN SACHS & CO. LLC | $375 | 3.63% |
| BNP Paribas Securities Corp. | $31 | 0.30% |
| WELLS FARGO SECURITIES, LLC | $28 | 0.27% |
C000005696 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| WELLS FARGO SECURITIES, LLC | $57.1M | 26.84% |
| MORGAN STANLEY & CO. LLC | $29.3M | 13.79% |
| BARCLAYS CAPITAL, INC. | $26.2M | 12.33% |
| J.P. Morgan Securities LLC | $24.4M | 11.49% |
| CITADEL SECURITIES LLC | $20.5M | 9.62% |
| BOFA SECURITIES, INC. | $16.2M | 7.62% |
| Goldman Sachs & Co. LLC | $14.3M | 6.74% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $8.9M | 4.19% |
| DEUTSCHE BANK SECURITIES, INC. | $8.8M | 4.15% |
| SCOTIA CAPITAL (USA), INC. | $6.9M | 3.23% |
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.