AST Global Real Estate Portfolio
Data updated: 2023-03-16
C000062361 — AST Global Real Estate Portfolio. Emerging Markets Real Estate · $64.71M AUM · 1.09% expense ratio. Holdings, fees, performance and SEC filings.
C000062361 Fund Overview
AST Global Real Estate Portfolio is a US mutual fund managed by Advanced Series Trust, categorised as Emerging Markets Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Advanced Series Trust
- Category: Emerging Markets Real Estate
- Assets under management: $64.71M
- 1-year return: -25.4%
- SEC CIK: 0000814679
- SEC series ID: S000021743
- Share class ID: C000062361
C000062361 Investment Objective and Strategy
AST Global Real Estate Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Advanced Series Trust.
Investment objective
The investment objective of the Portfolio is to seek capital appreciation and income.
Principal investment strategy
In pursuing its investment objective, under normal market conditions, the Portfolio invests at least 80% of its assets (net assets plus any borrowings made for investment purposes) in common stocks and other equity securities issued by US and non-US real estate companies. Real estate equity securities include common stocks and other equity securities issued by US and non-US real estate companies, including real estate investment trusts (REITs) and similar REIT-like entities. That means that the Portfolio concentrates its investments in companies that (i) derive at least 50% of its revenue from the ownership, construction, financing, management or sale of commercial, industrial or residential real estate and land; or (ii) have at least 50% of its assets invested in such real estate. The Portfolio may invest without limit in shares of REITs.
The Portfolio may invest in real estate companies of any market capitalization. Under normal market conditions, the Portfolio invests at least 30% in real estate companies organized or located outside the US or doing a substantial amount of business outside the US. The Portfolio considers a company that derives at least 50% of its revenue from business outside the US or has at least 50% of its assets outside the US as doing a substantial amount of business outside the US. The non-US companies in which the Portfolio invests may include those domiciled in emerging market countries. The Portfolio is not limited in the extent to which it may invest in emerging market companies. The Portfolio invests in equity-related securities of real estate companies on a global basis, which means that the companies may be US companies or foreign companies.
The Portfolio may invest up to 15% of its net assets in ownership interests in commercial real estate through investments in private real estate.
C000062361 Performance
Total returns for C000062361 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -25.4% |
| 3 years (annualised) | -2.8% |
C000062361 Risk Information
Risk metrics for C000062361, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 22.4%
C000062361 Costs and Fees
C000062361 costs about $109 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.09%
- Gross expense ratio: 1.19%
- Portfolio turnover: 44%
- Brokerage commissions: 8.42 bps of average net assets (SEC N-CEN)
C000062361 Cashflows
Over the 12 months to 2022-12, AST Global Real Estate Portfolio had net inflows of $68.20M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-12 | $3.62M |
| 2022-11 | $5.14M |
| 2022-10 | $7.53M |
| 2022-09 | $11.81M |
| 2022-08 | $3.93M |
| 2022-07 | $4.25M |
C000062361 Debt Constituents
No individual debt constituents are reported in AST Global Real Estate Portfolio's latest SEC N-PORT filing.
C000062361 Prospectus and SEC Filings
Official AST Global Real Estate Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-04-14
- Prospectus (485BPOS) — filed 2021-04-15
- Prospectus (485BPOS) — filed 2020-05-15
- Portfolio holdings (N-PORT) — filed 2023-02-23
- Portfolio holdings (N-PORT) — filed 2022-11-25
- Portfolio holdings (N-PORT) — filed 2022-08-19
- Annual census (N-CEN) — filed 2023-03-16
- Annual census (N-CEN) — filed 2022-03-14
Related Funds
Other Emerging Markets Real Estate funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.