C000079682 Fees and Costs — AST Jennison Large-Cap Growth Portfolio
Data updated: 2022-05-25
The net expense ratio is 0.98%: a 0.71% management fee, a 0.25% 12b-1 fee plus 0.03% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $207K in broker commissions, 0.0156% of average net assets, and portfolio turnover was 42%.
C000079682 Fees and Expenses
Annual operating expenses and sales charges of C000079682. Prospectus, as of April 30, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.71% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.03% |
| Gross expense ratio | 0.99% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.98% |
| 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 |
C000079682 Costs Over Time
On $10,000 invested in C000079682, assuming 5% a year before costs, total costs come to $623 over 5 years, cutting the return by 1.05% 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 0.98%) | $103 | $321 | $557 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $105 | $342 | $623 |
| Value after costs | $10,395 | $11,234 | $12,140 |
| Impact on return, per year | 1.05% | 1.05% | 1.05% |
C000079682 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): 0.0156%
- Total broker commissions: $207K
- Bought from dealers (principal trades, not a cost): $3.0M
- Portfolio turnover (prospectus): 42%
- Securities on loan, average value: $75.9M
- Net income from securities lending: $45K (0.003% of average net assets)
C000079682 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CAPITAL INSTITUTIONAL SERVICES, INC | $32K | 20.63% |
| J.P. MORGAN SECURITIES LLC | $26K | 16.76% |
| Cowen and Company, LLC | $16K | 10.00% |
| MORGAN STANLEY & CO. LLC | $15K | 9.56% |
| BOFA SECURITIES, INC. | $14K | 8.87% |
| JEFFERIES LLC | $13K | 8.65% |
| GOLDMAN SACHS & CO. LLC | $12K | 7.46% |
| CREDIT SUISSE SECURITIES (USA) LLC | $11K | 7.02% |
| CITIGROUP GLOBAL MARKETS INC. | $9K | 6.06% |
| EVERCORE GROUP L.L.C. | $8K | 4.98% |
C000079682 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $2.6M | 87.77% |
| MORGAN STANLEY & CO. LLC | $364K | 12.23% |
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.