AST Managed Equity Portfolio
Data updated: 2020-05-27
C000140447 — AST Managed Equity Portfolio. Capital Appreciation / Growth Allocation · $32.96M AUM. Holdings, fees, performance and SEC filings.
C000140447 Fund Overview
AST Managed Equity Portfolio is a US mutual fund managed by Advanced Series Trust, categorised as Capital Appreciation / Growth Allocation. 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: Capital Appreciation / Growth Allocation
- Assets under management: $32.96M
- SEC CIK: 0000814679
- SEC series ID: S000045124
- Share class ID: C000140447
C000140447 Investment Objective and Strategy
AST Managed Equity 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 provide capital appreciation.
Principal investment strategy
The Portfolio is a fund-of-funds. That means that the Portfolio invests substantially all of its assets in one or more mutual funds in accordance with its own asset allocation strategy. The other mutual funds in which the Portfolio may invest are collectively referred to as the Underlying Portfolios. 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 Underlying Portfolios that invest primarily in equity and equity-related securities, including exchange-traded funds (ETFs). Under normal circumstances, the Portfolio invests: 10-90% of its assets in Underlying Portfolios that invest primarily in domestic equity and equity-related securities; 10-90% of its assets in Underlying Portfolios that invest primarily in international equity and equity-related securities; and up to 30% of its assets in other Underlying Portfolios, such as portfolios that invest globally in equity securities of companies in particular sectors or industries.
The Portfolio may also invest up to 10% of its assets in an overlay sleeve to provide particular exposures such as to sectors, countries or industries, and also to provide liquidity. The overlay sleeve may invest directly in securities, ETFs and other instruments, including swaps, options or futures on a security, a commodity, or an index of securities or commodities, or enter into forward foreign currency transactions (collectively, derivatives). In addition, the Underlying Portfolios and ETFs in which the Portfolio invests, may, to varying degrees, also invest in derivatives. The asset allocation strategy is determined by the Portfolios subadviser. The Portfolios subadviser may allocate the Portfolios investments among various asset classes in different proportions at different times. The Portfolios subadviser exercises a dynamic tactical allocation strategy in the investment of the various asset and sub-asset classes based upon market and economic conditions.
The selection of specific combinations of Underlying Portfolios for the Portfolio generally is determined by the Portfolios investment manager. The Portfolios investment manager employs various quantitative and qualitative research methods to establish weighted combinations of Underlying Portfolios that are consistent with the asset allocation strategy for the Portfolio.
C000140447 Costs and Fees
C000140447 costs about $125 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.25%
- Gross expense ratio: 1.59%
- Portfolio turnover: 7%
- Brokerage commissions: 0.01 bps of average net assets (SEC N-CEN)
C000140447 Cashflows
Over the 12 months to 2020-03, AST Managed Equity Portfolio had net inflows of $8.71M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-03 | $575.52K |
| 2020-02 | $905.60K |
| 2020-01 | $664.30K |
| 2019-12 | $701.68K |
| 2019-11 | $352.92K |
| 2019-10 | $904.75K |
C000140447 Debt Constituents
No individual debt constituents are reported in AST Managed Equity Portfolio's latest SEC N-PORT filing.
C000140447 Prospectus and SEC Filings
Official AST Managed Equity Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2019-05-17
- Prospectus (485BPOS) — filed 2018-05-09
- Prospectus (485BPOS) — filed 2017-05-03
- Portfolio holdings (N-PORT) — filed 2020-05-27
- Portfolio holdings (N-PORT) — filed 2020-02-25
- Portfolio holdings (N-PORT) — filed 2019-11-27
- Annual census (N-CEN) — filed 2020-03-12
- Annual census (N-CEN) — filed 2019-03-15
Related Funds
Other Capital Appreciation / Growth Allocation 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.