AST Managed Fixed Income Portfolio
Data updated: 2020-05-27
C000140448 — AST Managed Fixed Income Portfolio. Bond · $41.44M AUM · 1.25% expense ratio. Holdings, fees, performance and SEC filings.
C000140448 Fund Overview
AST Managed Fixed Income Portfolio is a US mutual fund managed by Advanced Series Trust, categorised as Bond. 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: Bond
- Assets under management: $41.44M
- SEC CIK: 0000814679
- SEC series ID: S000045125
- Share class ID: C000140448
C000140448 Investment Objective and Strategy
AST Managed Fixed Income 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 total return.
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 fixed income assets. Under normal circumstances, the Portfolio invests 50-100% of its assets in Underlying Portfolios that invest primarily in core bonds and up to 50% of its assets in Underlying Portfolios that invest primarily in other fixed income securities. Underlying Portfolios may from time to time be added to, or removed from, the list of Underlying Portfolios that may be used in connection with the Portfolio.
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 to provide liquidity. The overlay sleeve may invest directly in fixed income instruments, exchange-traded funds (ETFs) and other instruments, including swaps, options or futures on a security or an index of securities, or enter into forward foreign currency transactions (previously defined as derivatives). In addition, the portfolios and ETFs in which the Underlying Portfolio invests, may, to varying degrees, also invest in derivatives. The asset allocation strategy is determined by the Portfolios subadviser. The Portfolio's subadviser may allocate the Portfolio's investments among various asset classes in different proportions at different times.
The Portfolio's 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 is generally 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.
C000140448 Costs and Fees
C000140448 costs about $125 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.25%
- Gross expense ratio: 1.27%
- Portfolio turnover: 36%
- Brokerage commissions: 0.05 bps of average net assets (SEC N-CEN)
C000140448 Cashflows
Over the 12 months to 2020-03, AST Managed Fixed Income Portfolio had net inflows of $7.75M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-03 | $889.07K |
| 2020-02 | $362.55K |
| 2020-01 | $600.83K |
| 2019-12 | $449.63K |
| 2019-11 | $844.75K |
| 2019-10 | $1.03M |
C000140448 Debt Constituents
No individual debt constituents are reported in AST Managed Fixed Income Portfolio's latest SEC N-PORT filing.
C000140448 Prospectus and SEC Filings
Official AST Managed Fixed Income 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 Bond 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.