AST ClearBridge Dividend Growth Portfolio
Data updated: 2025-03-14
C000123059 — AST ClearBridge Dividend Growth Portfolio. United States Large Cap Value Equity · $267.76M AUM. Holdings, fees, performance and SEC filings.
C000123059 Fund Overview
AST ClearBridge Dividend Growth Portfolio is a US mutual fund managed by Advanced Series Trust, categorised as United States Large Cap Value Equity. 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: United States Large Cap Value Equity
- Assets under management: $267.76M
- 1-year return: 16.7%
- SEC CIK: 0000814679
- SEC series ID: S000039713
- Share class ID: C000123059
C000123059 Investment Objective and Strategy
AST ClearBridge Dividend Growth 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 income, capital preservation, and capital appreciation.
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 equity or equity-related securities, which ClearBridge Investments, LLC (ClearBridge), the subadviser to the Portfolio, believes have the ability to increase dividends over the longer term. ClearBridge manages the Portfolio to provide exposure to companies that either pay an existing dividend or have the potential to pay and/or significantly grow their dividends. To do so, ClearBridge conducts fundamental research to screen for companies that have attractive dividend yields, a history and potential for positive dividend growth, strong balance sheets, and reasonable valuations.
C000123059 Holdings
Top 10 holdings of AST ClearBridge Dividend Growth Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Microsoft Corp | 3.94% |
| Broadcom Inc | 3.74% |
| JPMorgan Chase & Co | 3.74% |
| Sempra | 3.47% |
| PGIM Institutional Money Market Fund - D | 3.42% |
| Enbridge Inc | 3.17% |
| Williams Cos Inc/The | 3.08% |
| Becton Dickinson & Co | 3.07% |
| Exxon Mobil Corp | 3.04% |
| Nestle SA | 2.81% |
C000123059 Portfolio Allocation
Asset-class allocation of AST ClearBridge Dividend Growth Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.7% |
| Cash & Equivalents | 3.7% |
C000123059 Performance
Total returns for C000123059 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 16.7% |
| 3 years (annualised) | 7.3% |
| 5 years (annualised) | 10.3% |
C000123059 Risk Information
Risk metrics for C000123059, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 10.0%
C000123059 Costs and Fees
C000123059 costs about $96 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.96%
- Gross expense ratio: 0.96%
- Portfolio turnover: 27%
- Brokerage commissions: 3.04 bps of average net assets (SEC N-CEN)
C000123059 Cashflows
Over the 12 months to 2024-12, AST ClearBridge Dividend Growth Portfolio had net outflows of $297.44M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-12 | −$148.07M |
| 2024-11 | −$12.39M |
| 2024-10 | −$10.60M |
| 2024-09 | −$4.34M |
| 2024-08 | −$2.56M |
| 2024-07 | −$2.70M |
C000123059 Debt Constituents
No individual debt constituents are reported in AST ClearBridge Dividend Growth Portfolio's latest SEC N-PORT filing.
C000123059 Prospectus and SEC Filings
Official AST ClearBridge Dividend Growth Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-04-18
- Prospectus (485BPOS) — filed 2022-04-14
- Prospectus supplement (497) — filed 2023-05-01
- Portfolio holdings (N-PORT) — filed 2025-02-27
- Portfolio holdings (N-PORT) — filed 2024-11-25
- Portfolio holdings (N-PORT) — filed 2024-08-29
- Annual census (N-CEN) — filed 2025-03-14
- Annual census (N-CEN) — filed 2024-03-15
Related Funds
Other United States Large Cap Value Equity 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.