C000018400 Fees and Costs — AST Multi-Asset Diversified Plus Portfolio
Data updated: 2026-08-26
The net expense ratio is 1.13% (1.18% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $519K in broker commissions, 0.0226% of average net assets, and portfolio turnover was 77%.
C000018400 Fees and Expenses
Annual operating expenses and sales charges of C000018400. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.76% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.04% |
| Gross expense ratio | 1.18% |
| Fee waiver | −0.05% |
| Net expense ratio | 1.13% |
| 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 | Yes |
C000018400 Costs Over Time
On $10,000 invested in C000018400, assuming 5% a year before costs, total costs come to $719 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 1.13%) | $119 | $370 | $640 |
| Trading costs (broker commissions) | $2 | $7 | $13 |
| Lost growth on money paid in costs | $0 | $19 | $66 |
| Total costs | $121 | $396 | $719 |
| Value after costs | $10,379 | $11,181 | $12,044 |
| Impact on return, per year | 1.21% | 1.21% | 1.21% |
C000018400 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0226%
- Total broker commissions: $519K
- Bought from dealers (principal trades, not a cost): $1.5B
- Portfolio turnover (prospectus): 77%
- Securities on loan, average value: $90.0M
- Net income from securities lending: $178K (0.008% of average net assets)
C000018400 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $117K | 31.37% |
| CitiGroup Global Markets Inc. | $47K | 12.67% |
| JEFFERIES LLC | $32K | 8.52% |
| J.P. MORGAN SECURITIES LLC | $30K | 8.03% |
| GOLDMAN SACHS & CO. LLC | $29K | 7.67% |
| BARCLAYS CAPITAL, INC. | $27K | 7.14% |
| CLSA Americas, LLC | $26K | 7.01% |
| BOFA SECURITIES, INC. | $25K | 6.81% |
| VIRTU AMERICAS LLC | $23K | 6.12% |
| WELLS FARGO SECURITIES, LLC | $17K | 4.66% |
C000018400 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $272.1M | 19.19% |
| J.P. Morgan Securities LLC | $235.6M | 16.62% |
| CitiGroup Global Markets Inc. | $213.9M | 15.09% |
| Wells Fargo Securities LLC | $150.5M | 10.62% |
| Goldman Sachs & Co. LLC | $125.1M | 8.83% |
| MORGAN STANLEY & CO. LLC | $103.7M | 7.31% |
| PRUDENTIAL INVESTMENT MANAGEMENT SERVICES LLC | $101.7M | 7.17% |
| BOFA SECURITIES, INC. | $91.0M | 6.42% |
| CITADEL SECURITIES LLC | $89.3M | 6.30% |
| BARCLAYS CAPITAL, INC. | $34.8M | 2.45% |
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.