C000018401 Fees and Costs — AST Balanced Asset Allocation Portfolio
Data updated: 2026-08-27
The net expense ratio is 0.87% (0.96% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $2.2M in broker commissions, 0.0094% of average net assets, and portfolio turnover was 61%.
C000018401 Fees and Expenses
Annual operating expenses and sales charges of C000018401. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.58% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.96% |
| Fee waiver | −0.09% |
| Net expense ratio | 0.87% |
| 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 |
C000018401 Costs Over Time
On $10,000 invested in C000018401, assuming 5% a year before costs, total costs come to $551 over 5 years, cutting the return by 0.92% 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 0.87%) | $91 | $285 | $496 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $14 | $51 |
| Total costs | $92 | $303 | $551 |
| Value after costs | $10,408 | $11,274 | $12,211 |
| Impact on return, per year | 0.92% | 0.92% | 0.92% |
C000018401 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): 0.0094%
- Total broker commissions: $2.2M
- Bought from dealers (principal trades, not a cost): $10.0B
- Portfolio turnover (prospectus): 61%
- Securities on loan, average value: $253.7M
- Net income from securities lending: $557K (0.002% of average net assets)
C000018401 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $343K | 18.27% |
| J.P. Morgan Securities LLC | $274K | 14.59% |
| CITIGROUP GLOBAL MARKETS INC. | $249K | 13.25% |
| BARCLAYS CAPITAL, INC. | $205K | 10.93% |
| GOLDMAN SACHS & CO. LLC | $204K | 10.89% |
| CLSA AMERICAS, LLC | $139K | 7.39% |
| BOFA SECURITIES, INC. | $127K | 6.77% |
| INSTINET, LLC | $127K | 6.77% |
| JEFFERIES LLC | $113K | 6.02% |
| VIRTU AMERICAS LLC | $96K | 5.13% |
C000018401 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $2.4B | 28.32% |
| PRUDENTIAL INVESTMENT MANAGEMENT SERVICES LLC | $1.3B | 16.19% |
| J.P. Morgan Securities LLC | $957.8M | 11.49% |
| CitiGroup Global Markets Inc. | $711.3M | 8.54% |
| Goldman Sachs & Co. LLC | $700.7M | 8.41% |
| BARCLAYS CAPITAL, INC. | $669.9M | 8.04% |
| MORGAN STANLEY & CO. LLC | $485.7M | 5.83% |
| BNP PARIBAS SECURITIES CORP. | $443.8M | 5.33% |
| WELLS FARGO SECURITIES, LLC | $332.5M | 3.99% |
| CITADEL SECURITIES LLC | $322.1M | 3.87% |
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.