AST BlackRock Global Strategies Portfolio

Data updated: 2023-03-16

C000099307 — AST BlackRock Global Strategies Portfolio. Total Return Allocation · $1.60B AUM. Holdings, fees, performance and SEC filings.

C000099307 Fund Overview

AST BlackRock Global Strategies Portfolio is a US mutual fund managed by Advanced Series Trust, categorised as Total Return Allocation. 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: Total Return Allocation
  • Assets under management: $1.60B
  • 1-year return: -17.0%
  • SEC CIK: 0000814679
  • SEC series ID: S000031887
  • Share class ID: C000099307

C000099307 Investment Objective and Strategy

AST BlackRock Global Strategies 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 a high total return consistent with a moderate level of risk.

Principal investment strategy

The Portfolio is a global, multi asset-class fund that invests directly in, among other things, equity and equity-related securities, investment grade debt securities (including, without limitation, US Treasuries and US government securities), junk bonds, real estate investment trusts (REITs), exchange-traded funds (ETFs), and derivative instruments, including commodity-linked derivative instruments. In seeking to achieve the Portfolios investment objective, the Portfolios subadviser, BlackRock Financial Management, Inc., will cause the Portfolios assets to be allocated across several investment strategies. The strategies will invest primarily in equity securities, fixed income securities, and a global tactical asset allocation strategy (the GTAA strategy) that, under normal circumstances, provides exposure to the equity and fixed income asset classes along with real estate-related and commodity-related investments.

The GTAA strategy is used: (i) as a completion strategy to access and adjust exposures to various asset classes and underlying strategy allocations and (ii) an overlay strategy to enhance the total return and manage portfolio risk at the aggregate level. Derivatives, ETFs, and cash securities may be used within the GTAA strategy. The Portfolio allocates its assets among various regions and countries, including the US (but in no less than three countries). The Portfolios minimum, neutral, and maximum exposure to each asset class is set forth below. Asset Class Minimum Exposure Neutral Exposure Maximum Exposure Equities US Equity 5% 20% 35% Non-US Equity 5% 20% 30% US Small Cap Equity 0% 0% 10% Total Equities 30%* 40% 50%** Fixed Income Investment Grade Bonds 20% 30% 40% High Yield Bonds + 5% 15% 25% Total Fixed Income 25% 45% 55%*** REITs 0% 10% 20% Commodities 0% 5% 15% Total REITs + Commodities 0% 15% 30%**** + Fixed income securities rated below investment grade and unrated securities of similar credit quality are commonly referred to as junk bonds.

Junk bonds are considered predominantly speculative with respect to the issuers continuing ability to make principal and interest payments. * Notwithstanding the individual minimum exposures for the US Equity (i.e., 5%) and Non-US Equity (i.e., 5%) asset classes, the minimum combined exposure to equity investments is 30% of the Portfolios net assets. ** Notwithstanding the individual maximum exposures for the US Equity (i.e., 35%) and Non-US Equity (i.e., 30%) asset classes, the maximum combined exposure to equity investments is 50% of the Portfolios net assets. *** Notwithstanding the individual maximum exposures for the Investment Grade Bond (i.e., 40%) and High Yield Bond (i.e., 25%) asset classes, the maximum combined exposure to fixed income investments is 55% of the Portfolios net assets.

**** Notwithstanding the individual maximum exposures for the REITs (i.e., 20%) and Commodities (i.e., 15%) asset classes, the maximum combined exposure to the alternative investments is 30% of the Portfolios net assets The Portfolios expected minimum, neutral, and maximum exposures to the GTAA strategy is set forth below. Investment Strategy Minimum Exposure Neutral Exposure Maximum Exposure GTAA* 10% 30% 50% *As set forth above, the GTAA investment strategy is used to provide exposure to the equity and fixed income asset classes as well as providing exposure to REITs and Commodities.

C000099307 Performance

Total returns for C000099307 (as of 2026-10-01), from SEC filings.

PeriodTotal return
1 year-17.0%
3 years (annualised)-1.0%

C000099307 Risk Information

Risk metrics for C000099307, derived from monthly returns in SEC filings.

  • 1-year volatility (annualised): 14.9%

C000099307 Costs and Fees

C000099307 costs about $103 per $10,000 invested per year in fund expenses.

  • Net expense ratio: 1.03%
  • Gross expense ratio: 1.05%
  • Portfolio turnover: 280%
  • Brokerage commissions: 2.52 bps of average net assets (SEC N-CEN)

C000099307 Cashflows

Over the 12 months to 2022-12, AST BlackRock Global Strategies Portfolio had net inflows of $1.05B, from monthly SEC N-PORT filings.

MonthNet flow
2022-12$79.80M
2022-11$109.83M
2022-10$171.68M
2022-09$271.58M
2022-08$53.57M
2022-07$40.43M

C000099307 Debt Constituents

No individual debt constituents are reported in AST BlackRock Global Strategies Portfolio's latest SEC N-PORT filing.

C000099307 Prospectus and SEC Filings

Official AST BlackRock Global Strategies Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Total Return Allocation 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.