C000082327 Fees and Costs — AST Bond Portfolio 2021
Data updated: 2021-11-24
The net expense ratio is 0.86%: a 0.47% management fee, a 0.25% 12b-1 fee plus 0.14% other expenses. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $8K in broker commissions, 0.0071% of average net assets, and portfolio turnover was 76%.
C000082327 Fees and Expenses
Annual operating expenses and sales charges of C000082327. Prospectus, as of April 30, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.47% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.14% |
| Gross expense ratio | 0.86% |
| Fee waiver | — |
| Net expense ratio | 0.86% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000082327 Costs Over Time
On $10,000 invested in C000082327, assuming 5% a year before costs, total costs come to $544 over 5 years, cutting the return by 0.91% 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 0.86%) | $90 | $282 | $490 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $14 | $50 |
| Total costs | $91 | $299 | $544 |
| Value after costs | $10,409 | $11,278 | $12,219 |
| Impact on return, per year | 0.91% | 0.91% | 0.91% |
C000082327 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0071%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): $241.9M
- Portfolio turnover (prospectus): 76%
- Securities on loan, average value: $10.4M
- Net income from securities lending: $22K (0.019% of average net assets)
C000082327 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $8K | 94.30% |
| CitiGroup Global Markets Inc. | $422 | 5.15% |
| MORGAN STANLEY & CO. LLC | $26 | 0.32% |
| BNP PARIBAS SECURITIES CORP. | $15 | 0.19% |
| BARCLAYS CAPITAL, INC. | $3 | 0.04% |
C000082327 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $48.1M | 24.09% |
| DEUTSCHE BANK SECURITIES, INC. | $44.3M | 22.18% |
| Goldman Sachs & Co. LLC | $40.5M | 20.31% |
| MORGAN STANLEY & CO. LLC | $16.6M | 8.30% |
| PRUDENTIAL INVESTMENT MANAGEMENT SERVICES LLC | $13.5M | 6.77% |
| CitiGroup Global Markets Inc. | $12.1M | 6.08% |
| BOFA SECURITIES, INC. | $9.4M | 4.71% |
| HSBC SECURITIES (USA), INC. | $5.9M | 2.95% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $4.6M | 2.32% |
| SCOTIA CAPITAL (USA), INC. | $4.6M | 2.29% |
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.