C000140441 Fees and Costs — AST FQ Absolute Return Currency Portfolio
Data updated: 2020-08-24
The net expense ratio is 1.25% (2.34% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 0%.
C000140441 Fees and Expenses
Annual operating expenses and sales charges of C000140441. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.83% |
| 12b-1 fee | 0.25% |
| Other expenses | 1.23% |
| Gross expense ratio | 2.34% |
| Fee waiver | −1.09% |
| Net expense ratio | 1.25% |
| 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 |
C000140441 Costs Over Time
On $10,000 invested in C000140441, assuming 5% a year before costs, total costs come to $778 over 5 years, cutting the return by 1.31% 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 1.25%) | $131 | $408 | $706 |
| Lost growth on money paid in costs | $0 | $20 | $72 |
| Total costs | $131 | $429 | $778 |
| Value after costs | $10,369 | $11,148 | $11,985 |
| Impact on return, per year | 1.31% | 1.31% | 1.31% |
C000140441 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $16.7M
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
C000140441 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL, INC. | $7.8M | 56.69% |
| DEUTSCHE BANK SECURITIES, INC. | $3.2M | 23.17% |
| RBC CAPITAL MARKETS LLC | $1.4M | 10.08% |
| SCOTIA CAPITAL (USA), INC. | $720K | 5.20% |
| NATWEST MARKETS SECURITIES INC. | $672K | 4.86% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.