C000053816 Fees and Costs — AST AllianzGI World Trends Portfolio
Data updated: 2022-11-25
The net expense ratio is 0.97%: a 0.75% management fee, a 0.25% 12b-1 fee plus 0.02% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $1.2M in broker commissions, 0.0235% of average net assets, and portfolio turnover was 141%.
C000053816 Fees and Expenses
Annual operating expenses and sales charges of C000053816. Prospectus, as of April 30, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.02% |
| Gross expense ratio | 1.02% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.97% |
| 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 |
C000053816 Costs Over Time
On $10,000 invested in C000053816, assuming 5% a year before costs, total costs come to $622 over 5 years, cutting the return by 1.04% 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 0.97%) | $102 | $318 | $551 |
| Trading costs (broker commissions) | $2 | $8 | $13 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $104 | $342 | $622 |
| Value after costs | $10,396 | $11,235 | $12,141 |
| Impact on return, per year | 1.04% | 1.04% | 1.04% |
C000053816 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0235%
- Total broker commissions: $1.2M
- Bought from dealers (principal trades, not a cost): $11.3B
- Portfolio turnover (prospectus): 141%
- Securities on loan, average value: $192.2M
- Net income from securities lending: $822K (0.016% of average net assets)
C000053816 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $410K | 38.93% |
| GOLDMAN SACHS & CO. LLC | $218K | 20.71% |
| BOFA SECURITIES, INC. | $109K | 10.34% |
| CITIGROUP GLOBAL MARKETS INC. | $85K | 8.11% |
| JEFFERIES LLC | $51K | 4.85% |
| MORGAN STANLEY & CO. LLC | $50K | 4.76% |
| PIPER SANDLER & CO. | $42K | 3.95% |
| UBS Securities LLC | $34K | 3.22% |
| BARCLAYS CAPITAL, INC. | $28K | 2.68% |
| CREDIT SUISSE SECURITIES (USA) LLC | $26K | 2.44% |
C000053816 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $2.5B | 26.05% |
| CitiGroup Global Markets Inc. | $1.9B | 19.66% |
| MORGAN STANLEY & CO. LLC | $1.0B | 10.71% |
| J.P. Morgan Securities LLC | $928.9M | 9.54% |
| RBC CAPITAL MARKETS LLC | $685.3M | 7.04% |
| BOFA SECURITIES, INC. | $654.8M | 6.73% |
| HSBC SECURITIES (USA), INC. | $614.4M | 6.31% |
| WELLS FARGO SECURITIES, LLC | $609.3M | 6.26% |
| CAIS CAPITAL LLC | $486.5M | 5.00% |
| DEUTSCHE BANK SECURITIES, INC. | $262.5M | 2.70% |
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.