C000099308 Fees and Costs — AST Quantitative Modeling Portfolio
Data updated: 2026-08-26
The net expense ratio is 1.06% (1.30% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $52K in broker commissions, 0.0093% of average net assets, and portfolio turnover was 95%.
C000099308 Fees and Expenses
Annual operating expenses and sales charges of C000099308. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.72% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.08% |
| Gross expense ratio | 1.30% |
| Fee waiver | −0.24% |
| Net expense ratio | 1.06% |
| 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 |
C000099308 Costs Over Time
On $10,000 invested in C000099308, assuming 5% a year before costs, total costs come to $668 over 5 years, cutting the return by 1.12% 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 1.06%) | $111 | $347 | $601 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $17 | $61 |
| Total costs | $112 | $367 | $668 |
| Value after costs | $10,388 | $11,209 | $12,095 |
| Impact on return, per year | 1.12% | 1.12% | 1.12% |
C000099308 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0093%
- Total broker commissions: $52K
- Bought from dealers (principal trades, not a cost): $508.0M
- Portfolio turnover (prospectus): 95%
- Securities on loan, average value: $4.0M
- Net income from securities lending: $6K (0.001% of average net assets)
C000099308 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $9K | 21.49% |
| J.P. Morgan Securities LLC | $7K | 15.55% |
| UBS Securities LLC | $6K | 14.23% |
| BOFA SECURITIES, INC. | $5K | 11.70% |
| INSTINET, LLC | $4K | 8.76% |
| BARCLAYS CAPITAL, INC. | $4K | 8.18% |
| JEFFERIES LLC | $3K | 7.81% |
| HSBC SECURITIES (USA) INC. | $2K | 5.60% |
| VIRTU AMERICAS LLC | $2K | 4.40% |
| LOOP CAPITAL MARKETS LLC | $1K | 2.28% |
C000099308 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $97.0M | 23.94% |
| Wells Fargo Securities LLC | $60.5M | 14.95% |
| BOFA SECURITIES, INC. | $55.7M | 13.75% |
| GOLDMAN SACHS & CO. LLC | $41.0M | 10.12% |
| BARCLAYS CAPITAL, INC. | $33.2M | 8.19% |
| CitiGroup Global Markets Inc. | $32.7M | 8.09% |
| MORGAN STANLEY & CO. LLC | $27.6M | 6.81% |
| Mizuho Securities USA LLC | $22.0M | 5.44% |
| BNY MELLON CAPITAL MARKETS, LLC | $17.8M | 4.39% |
| TD SECURITIES (USA) LLC | $17.4M | 4.31% |
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.