C000108832 Fees and Costs — AST Bond Portfolio 2023
Data updated: 2024-03-15
The net expense ratio is 0.90% (0.92% before fee waivers). There are no sales loads or redemption fees. In fiscal 2023 the fund paid $7K in broker commissions, 0.0110% of average net assets, and portfolio turnover was 42%.
C000108832 Fees and Expenses
Annual operating expenses and sales charges of C000108832. Prospectus, as of April 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.47% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.18% |
| Gross expense ratio | 0.92% |
| Fee waiver | −0.02% |
| Net expense ratio | 0.90% |
| 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 |
C000108832 Costs Over Time
On $10,000 invested in C000108832, assuming 5% a year before costs, total costs come to $571 over 5 years, cutting the return by 0.96% 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 0.90%) | $94 | $295 | $512 |
| Trading costs (broker commissions) | $1 | $4 | $6 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $96 | $314 | $571 |
| Value after costs | $10,404 | $11,263 | $12,192 |
| Impact on return, per year | 0.96% | 0.96% | 0.96% |
C000108832 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0110%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): $166.8M
- Portfolio turnover (prospectus): 42%
- Securities lending: none during the year
C000108832 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $7K | 91.28% |
| GOLDMAN SACHS & CO. LLC | $331 | 4.55% |
| BOFA SECURITIES, INC. | $303 | 4.17% |
C000108832 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| PRUDENTIAL INVESTMENT MANAGEMENT SERVICES LLC | $153.1M | 91.80% |
| CitiGroup Global Markets Inc. | $6.7M | 4.05% |
| BNP PARIBAS SECURITIES CORP. | $5.2M | 3.14% |
| J.P. Morgan Securities LLC | $1.7M | 1.02% |
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.