C000099307 Fees and Costs — AST BlackRock Global Strategies Portfolio
Data updated: 2023-03-16
The net expense ratio is 1.03%: a 0.76% management fee, a 0.25% 12b-1 fee plus 0.04% other expenses, less a 0.02% fee waiver. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $486K in broker commissions, 0.0252% of average net assets, and portfolio turnover was 280%.
C000099307 Fees and Expenses
Annual operating expenses and sales charges of C000099307. Prospectus, as of April 30, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.76% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.04% |
| Gross expense ratio | 1.05% |
| Fee waiver | −0.02% |
| Net expense ratio | 1.03% |
| 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 | No |
C000099307 Costs Over Time
On $10,000 invested in C000099307, assuming 5% a year before costs, total costs come to $659 over 5 years, cutting the return by 1.11% 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 1.03%) | $108 | $337 | $585 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $17 | $60 |
| Total costs | $111 | $363 | $659 |
| Value after costs | $10,389 | $11,214 | $12,104 |
| Impact on return, per year | 1.11% | 1.11% | 1.11% |
C000099307 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): 0.0252%
- Total broker commissions: $486K
- Bought from dealers (principal trades, not a cost): $1.8B
- Portfolio turnover (prospectus): 280%
- Securities on loan, average value: $97.8M
- Net income from securities lending: $132K (0.007% of average net assets)
C000099307 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $85K | 21.60% |
| CITIGROUP GLOBAL MARKETS INC. | $66K | 16.72% |
| MORGAN STANLEY & CO. LLC | $61K | 15.54% |
| GOLDMAN SACHS & CO. LLC | $53K | 13.51% |
| UBS Securities LLC | $35K | 8.72% |
| BOFA SECURITIES, INC. | $29K | 7.24% |
| Pershing LLC | $22K | 5.65% |
| CREDIT SUISSE SECURITIES (USA) LLC | $20K | 5.09% |
| JEFFERIES LLC | $14K | 3.49% |
| HSBC SECURITIES (USA) INC. | $10K | 2.44% |
C000099307 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BLACKROCK INVESTMENTS, LLC | $1.7B | 94.88% |
| CITADEL SECURITIES LLC | $38.4M | 2.17% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $27.9M | 1.58% |
| MUFG SECURITIES AMERICAS INC. | $7.7M | 0.43% |
| NATWEST MARKETS SECURITIES INC. | $5.7M | 0.32% |
| Performance Trust Capital Partners LLC | $2.7M | 0.15% |
| STONEX FINANCIAL INC. | $2.6M | 0.15% |
| U.S. BANCORP INVESTMENTS, INC. | $1.9M | 0.11% |
| MARKETAXESS CORPORATION | $1.8M | 0.10% |
| R. SEELAUS & CO., INC. | $1.8M | 0.10% |
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.