AST AB Global Bond Portfolio
Data updated: 2020-11-24
C000158030 — AST AB Global Bond Portfolio. Emerging Markets Equity · $1.00B AUM · 0.88% expense ratio. Holdings, fees, performance and SEC filings.
C000158030 Fund Overview
AST AB Global Bond Portfolio is a US mutual fund managed by Advanced Series Trust, categorised as Emerging Markets 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: Emerging Markets Equity
- Assets under management: $1.00B
- 1-year return: 2.2%
- SEC CIK: 0000814679
- SEC series ID: S000050064
- Share class ID: C000158030
C000158030 Investment Objective and Strategy
AST AB Global Bond 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 generate current income consistent with preservation of capital.
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 fixed income securities. The Portfolio invests in a broad range of fixed income securities in both developed and emerging markets (in at least three countries), with investments denominated in either local currency or the US dollar. The percentage of the Portfolios assets invested in a particular country or denominated in a particular currency vary in accordance with assessments of the relative yield and appreciation potential of various securities and currencies relative to the US dollar. The Portfolio invests at least 40% of its assets in non-US companies under normal circumstances. In determining whether a company is a non-US company, the subadviser will evaluate the issuers country of risk.
The issuers country of risk will be determined based on a number of criteria, including its country of domicile, the primary stock exchange on which it trades, the location from which the majority of its revenue comes, and its reporting currency. The Portfolio can invest across all fixed income sectors, including US and non-US government securities, and across a range of maturities. The Portfolio may use borrowings or other leverage for investment purposes. Under normal circumstances, the Portfolio invests at least 75% of its net assets in fixed income securities rated investment grade at the time of investment, and may invest up to 25% of its net assets in below investment grade fixed income securities (commonly known as junk bonds). The subadviser actively manages the Portfolios assets in relation to market conditions and general economic conditions and adjusts the Portfolios investments in an effort to best enable the Portfolio to achieve its investment objective.
Based on the subadvisers investment criteria, the Portfolio invests in higher spread products relative to its benchmark index and, depending on market conditions, may underperform the benchmark during times of risk-off environments. The Portfolio may invest in mortgage-related and other asset-backed securities, loan participations, inflation-protected securities, structured securities, variable, floating, and inverse floating-rate instruments and preferred stock, and may use other investment techniques. The Portfolio may, among other things, enter into transactions such as reverse repurchase agreements and dollar rolls. The Portfolio may invest, without limit, in derivatives including, but not limited, to futures (including bond, currency, equity, index and interest rate futures), currency forwards, options (swap options, options on currencies and options on currencies) and swaps (including credit default, credit default swap index, interest rate and total return swaps).
The Portfolio may invest in derivatives for both hedging and non-hedging purposes, including, for example, seeking to enhance returns or as a substitute for a position in an underlying asset.
C000158030 Performance
Total returns for C000158030 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 2.2% |
C000158030 Risk Information
Risk metrics for C000158030, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 7.3%
C000158030 Costs and Fees
C000158030 costs about $88 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.88%
- Gross expense ratio: 0.90%
- Portfolio turnover: 144%
- Brokerage commissions: 0.10 bps of average net assets (SEC N-CEN)
C000158030 Cashflows
Over the 12 months to 2020-09, AST AB Global Bond Portfolio had net inflows of $641.68M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-09 | $17.16M |
| 2020-08 | $13.06M |
| 2020-07 | $44.01M |
| 2020-06 | $37.41M |
| 2020-05 | $95.57M |
| 2020-04 | $81.49M |
C000158030 Debt Constituents
No individual debt constituents are reported in AST AB Global Bond Portfolio's latest SEC N-PORT filing.
C000158030 Prospectus and SEC Filings
Official AST AB Global Bond Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-05-15
- Prospectus (485BPOS) — filed 2019-05-17
- Prospectus supplement (497) — filed 2020-08-03
- Portfolio holdings (N-PORT) — filed 2020-11-24
- Portfolio holdings (N-PORT) — filed 2020-08-24
- Portfolio holdings (N-PORT) — filed 2020-05-27
- Annual census (N-CEN) — filed 2020-03-12
- Annual census (N-CEN) — filed 2019-03-15
Related Funds
Other Emerging Markets 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.