C000104491 Fees and Costs — AST Prudential Core Bond Portfolio
Data updated: 2022-03-14
The net expense ratio is 0.73%: a 0.46% management fee, a 0.25% 12b-1 fee plus 0.02% other expenses. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $158K in broker commissions, 0.0055% of average net assets, and portfolio turnover was 102%.
C000104491 Fees and Expenses
Annual operating expenses and sales charges of C000104491. Prospectus, as of April 30, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.46% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.73% |
| Fee waiver | — |
| Net expense ratio | 0.73% |
| 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 |
C000104491 Costs Over Time
On $10,000 invested in C000104491, assuming 5% a year before costs, total costs come to $462 over 5 years, cutting the return by 0.77% 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 0.73%) | $77 | $240 | $417 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $12 | $42 |
| Total costs | $77 | $254 | $462 |
| Value after costs | $10,423 | $11,323 | $12,300 |
| Impact on return, per year | 0.77% | 0.77% | 0.77% |
C000104491 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0055%
- Total broker commissions: $158K
- Bought from dealers (principal trades, not a cost): $6.3B
- Portfolio turnover (prospectus): 102%
- Securities on loan, average value: $36.3M
- Net income from securities lending: $32K (0.001% of average net assets)
C000104491 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $147K | 93.28% |
| CITIGROUP GLOBAL MARKETS INC. | $8K | 5.08% |
| BOFA SECURITIES, INC. | $1K | 0.64% |
| GOLDMAN SACHS & CO. LLC | $1K | 0.64% |
| MORGAN STANLEY & CO. LLC | $185 | 0.12% |
| CREDIT SUISSE SECURITIES (USA) LLC | $174 | 0.11% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $91 | 0.06% |
| WELLS FARGO SECURITIES, LLC | $63 | 0.04% |
| BARCLAYS CAPITAL, INC. | $54 | 0.03% |
C000104491 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BLACKROCK INVESTMENTS, LLC | $1.3B | 23.15% |
| MORGAN STANLEY & CO. LLC | $838.8M | 15.11% |
| CitiGroup Global Markets Inc. | $826.9M | 14.90% |
| WELLS FARGO SECURITIES, LLC | $813.4M | 14.66% |
| CREDIT SUISSE SECURITIES (USA) LLC | $470.4M | 8.48% |
| BOFA SECURITIES, INC. | $341.9M | 6.16% |
| J.P. Morgan Securities LLC | $336.9M | 6.07% |
| GOLDMAN SACHS & CO. LLC | $325.7M | 5.87% |
| BARCLAYS CAPITAL, INC. | $166.5M | 3.00% |
| MIZUHO SECURITIES (USA) INC. | $144.6M | 2.60% |
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.