C000095824 Fees and Costs — AST Bond Portfolio 2022
Data updated: 2023-03-16
The net expense ratio is 0.91%: a 0.48% management fee, a 0.25% 12b-1 fee plus 0.23% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $5K in broker commissions, 0.0077% of average net assets, and portfolio turnover was 32%.
C000095824 Fees and Expenses
Annual operating expenses and sales charges of C000095824. Prospectus, as of April 30, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.48% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.23% |
| Gross expense ratio | 0.96% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.91% |
| 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 |
C000095824 Costs Over Time
On $10,000 invested in C000095824, assuming 5% a year before costs, total costs come to $575 over 5 years, cutting the return by 0.96% 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 0.91%) | $96 | $298 | $518 |
| Trading costs (broker commissions) | $1 | $3 | $4 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $96 | $316 | $575 |
| Value after costs | $10,404 | $11,260 | $12,188 |
| Impact on return, per year | 0.96% | 0.96% | 0.96% |
C000095824 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0077%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): $137.9M
- Portfolio turnover (prospectus): 32%
- Securities on loan, average value: $243K
- Net income from securities lending: $217 (0.000% of average net assets)
C000095824 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $5K | 91.31% |
| CitiGroup Global Markets Inc. | $350 | 6.79% |
| GOLDMAN SACHS & CO. LLC | $93 | 1.80% |
| BOFA SECURITIES, INC. | $5 | 0.10% |
C000095824 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| PRUDENTIAL INVESTMENT MANAGEMENT SERVICES LLC | $94.0M | 69.75% |
| J.P. Morgan Securities LLC | $19.0M | 14.12% |
| BNP PARIBAS SECURITIES CORP. | $4.1M | 3.07% |
| BGC FINANCIAL, L.P. | $4.0M | 2.97% |
| Goldman Sachs & Co. LLC | $3.4M | 2.49% |
| CITADEL SECURITIES LLC | $3.3M | 2.44% |
| BOFA SECURITIES, INC. | $2.9M | 2.14% |
| HSBC SECURITIES (USA), INC. | $1.7M | 1.25% |
| MORGAN STANLEY & CO. LLC | $1.4M | 1.07% |
| CitiGroup Global Markets Inc. | $951K | 0.71% |
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.