AST Prudential Core Bond Portfolio
Data updated: 2022-03-14
C000104491 — AST Prudential Core Bond Portfolio. Money Market · $742.66M AUM · 0.73% expense ratio. Holdings, fees, performance and SEC filings.
C000104491 Fund Overview
AST Prudential Core Bond Portfolio is a US mutual fund managed by Advanced Series Trust, categorised as Money Market. 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: Money Market
- Assets under management: $742.66M
- 1-year return: -1.3%
- SEC CIK: 0000814679
- SEC series ID: S000033830
- Share class ID: C000104491
C000104491 Investment Objective and Strategy
AST Prudential Core Bond 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 to maximize total return consistent with the long-term preservation of capital.
Principal investment strategy
In pursuing its investment objective, the Portfolio normally invests at least 80% of its assets (net assets plus any borrowings made for investment purposes) in intermediate and long-term debt obligations that are rated investment grade by the major ratings services, or, if unrated, considered to be of comparable quality by the Portfolios subadviser, PGIM Fixed Income, and high quality money market instruments. In managing the Portfolios assets, PGIM Fixed Income uses a combination of top-down economic analysis and bottom-up research in conjunction with proprietary quantitative models and risk management systems. In the top-down economic analysis, the subadviser develops views on economic, policy and market trends. In its bottom-up research, the subadviser develops an internal rating and outlook on issuers.
The rating and outlook is determined based on a complete review of the financial health and trends of the issuer. The subadviser may also consider investment factors such as expected total return, yield, spread and potential for price appreciation as well as credit quality, maturity and risk. The Portfolio may invest in a security based upon the expected total return rather than the yield of such security. The Portfolio may also invest up to 20% of its net assets in high-yield/high-risk debt securities (commonly known as junk bonds). The Portfolio also may invest up to 20% of its total assets in debt securities issued outside the US by US or foreign issuers, whether or not such securities are denominated in the US dollar. The Portfolio may invest in derivatives. The Portfolio may use derivative instruments to hedge its investments or to seek to enhance returns.
C000104491 Performance
Total returns for C000104491 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -1.3% |
| 3 years (annualised) | 3.0% |
C000104491 Risk Information
Risk metrics for C000104491, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.7%
C000104491 Costs and Fees
C000104491 costs about $73 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.73%
- Gross expense ratio: 0.73%
- Portfolio turnover: 102%
- Brokerage commissions: 0.55 bps of average net assets (SEC N-CEN)
C000104491 Cashflows
Over the 12 months to 2021-12, AST Prudential Core Bond Portfolio had net inflows of $3.71B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-12 | $1.32B |
| 2021-11 | $35.64M |
| 2021-10 | $16.76M |
| 2021-09 | $20.35M |
| 2021-08 | $70.25M |
| 2021-07 | $1.71B |
C000104491 Debt Constituents
No individual debt constituents are reported in AST Prudential Core Bond Portfolio's latest SEC N-PORT filing.
C000104491 Prospectus and SEC Filings
Official AST Prudential Core Bond Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-04-15
- Prospectus (485BPOS) — filed 2020-05-15
- Prospectus (485BPOS) — filed 2019-05-17
- Portfolio holdings (N-PORT) — filed 2022-02-22
- Portfolio holdings (N-PORT) — filed 2021-11-24
- Portfolio holdings (N-PORT) — filed 2021-08-19
- Annual census (N-CEN) — filed 2022-03-14
- Annual census (N-CEN) — filed 2021-03-12
Related Funds
Other Money Market 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.