C000057623 Fees and Costs — AST Investment Grade Bond Portfolio
Data updated: 2026-08-26
The net expense ratio is 0.69%: a 0.47% management fee, a 0.25% 12b-1 fee plus 0.01% other expenses, less a 0.04% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $855K in broker commissions, 0.0108% of average net assets, and portfolio turnover was 105%.
C000057623 Fees and Expenses
Annual operating expenses and sales charges of C000057623. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.47% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.73% |
| Fee waiver | −0.04% |
| Net expense ratio | 0.69% |
| 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 |
C000057623 Costs Over Time
On $10,000 invested in C000057623, assuming 5% a year before costs, total costs come to $441 over 5 years, cutting the return by 0.74% 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 0.69%) | $72 | $227 | $394 |
| Trading costs (broker commissions) | $1 | $4 | $6 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $74 | $242 | $441 |
| Value after costs | $10,426 | $11,335 | $12,322 |
| Impact on return, per year | 0.74% | 0.74% | 0.74% |
C000057623 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): 0.0108%
- Total broker commissions: $855K
- Bought from dealers (principal trades, not a cost): $14.4B
- Portfolio turnover (prospectus): 105%
- Securities on loan, average value: $227.4M
- Net income from securities lending: $570K (0.007% of average net assets)
C000057623 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $439K | 51.34% |
| GOLDMAN SACHS & CO. LLC | $325K | 38.04% |
| BOFA SECURITIES, INC. | $81K | 9.43% |
| CitiGroup Global Markets Inc. | $8K | 0.93% |
| Jane Street Execution Services, LLC | $2K | 0.26% |
C000057623 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| PRUDENTIAL INVESTMENT MANAGEMENT SERVICES LLC | $5.2B | 45.64% |
| BOFA SECURITIES, INC. | $1.1B | 10.01% |
| J.P. Morgan Securities LLC | $978.5M | 8.54% |
| BARCLAYS CAPITAL, INC. | $889.0M | 7.76% |
| MORGAN STANLEY & CO. LLC | $812.1M | 7.09% |
| GOLDMAN SACHS & CO. LLC | $676.7M | 5.91% |
| CITADEL SECURITIES LLC | $551.3M | 4.81% |
| TD SECURITIES (USA) LLC | $404.9M | 3.53% |
| WELLS FARGO SECURITIES, LLC | $394.5M | 3.44% |
| BNP PARIBAS SECURITIES CORP. | $374.8M | 3.27% |
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.