AST Wellington Management Global Bond Portfolio
Data updated: 2025-03-14
C000158037 — AST Wellington Management Global Bond Portfolio. Long Total / Aggregate Bond · $270.99M AUM. Holdings, fees, performance and SEC filings.
C000158037 Fund Overview
AST Wellington Management Global Bond Portfolio is a US mutual fund managed by Advanced Series Trust, categorised as Long Total / Aggregate 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: Long Total / Aggregate Bond
- Assets under management: $270.99M
- 1-year return: 2.7%
- SEC CIK: 0000814679
- SEC series ID: S000050071
- Share class ID: C000158037
C000158037 Investment Objective and Strategy
AST Wellington Management 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 provide consistent excess returns over the Bloomberg Barclays Global Aggregate US Dollar Hedged Bond Index.
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, under normal circumstances, in fixed income securities of companies located in at least three countries. The Portfolio seeks to generate excess returns relative to the Bloomberg Barclays Global Aggregate US Dollar Hedged Bond Index. The Portfolios global aggregate strategy seeks to generate excess returns through the combination of lowly correlated investment strategies developed by highly specialized analysts. Each analyst has a specialized area of focus which is sector, region, or investment style based. The investment universe includes fixed income securities denominated in various currencies and issued by government, government-related, corporate, and securitized issuers from around the world.
The Portfolio invests in debt securities of issuers domiciled around the world. Under normal market conditions, the Portfolio will invest its assets in securities of issuers located in the United States and at least three other countries (based on country of domicile and inclusive of non-currency derivatives). The Portfolio may buy and sell bonds issued by government, agency, and supranational issuers; mortgage, commercial mortgage, and asset-backed securities; corporate and real estate investment trust (REIT) debt; credit-linked, index-linked, and capital securities (securities that combine the features of bonds and preferred stock); loan participation securities that qualify as an eligible investment by the Portfolio (including, but not limited to, trade finance loan participations) and, in addition, bank loan assignments that qualify as money market instruments; as well as other debt securities issued by public or private issuers, both fixed and floating-rate, including forward contracts on such securities.
Currency exposure may be taken on an opportunistic basis. Currency exposure, including cross-currency positions which are not related to the Portfolios bond and cash equivalent positions, may be assumed. Investments represent a broad credit spectrum, including issues rated below investment-grade. There is no minimum credit rating for individual securities. The Portfolio is diversified by country, and issuer. The Portfolio makes use of derivatives to implement active positions as well as hedge exposure. Derivative instruments may include, but are not limited, to futures (on asset classes or indices including volatility indices), forwards, options, swaps (currency swaps, interest rate swaps, total rate of return swaps, and credit default swaps), to-be-announced securities (TBAs), structured notes and spot transactions for both active management and hedging purposes.
The high liquidity of derivative instruments assists the portfolio management team in quickly and efficiently managing portfolio exposure in the context of continually changing market environments.
C000158037 Holdings
Top 10 holdings of AST Wellington Management Global Bond Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| iShares Core U.S. Aggregate Bond ETF | 2.40% |
| Vanguard Total International Bond ETF | 2.39% |
| French Discount T-Bill | 1.87% |
| Government National Mortgage A | 1.39% |
| Government National Mortgage A | 1.39% |
| United Kingdom Gilt | 1.08% |
| Fannie Mae or Freddie Mac | 1.01% |
| Japan Treasury Disc Bill | 0.98% |
| China Government Bond | 0.89% |
| US Treasury N/b | 0.88% |
C000158037 Portfolio Allocation
Asset-class allocation of AST Wellington Management Global Bond Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 73.2% |
| Securitized | 28.0% |
| Equity | 4.8% |
| Derivatives | 1.7% |
| Cash & Equivalents | 1.1% |
| Real Estate | 0.1% |
C000158037 Performance
Total returns for C000158037 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 2.7% |
| 3 years (annualised) | -1.4% |
| 5 years (annualised) | -0.3% |
C000158037 Risk Information
Risk metrics for C000158037, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.7%
C000158037 Costs and Fees
C000158037 costs about $101 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.01%
- Gross expense ratio: 1.01%
- Portfolio turnover: 289%
- Brokerage commissions: 1.68 bps of average net assets (SEC N-CEN)
C000158037 Cashflows
Over the 12 months to 2024-12, AST Wellington Management Global Bond Portfolio had net outflows of $397.91M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-12 | −$173.85M |
| 2024-11 | −$2.51M |
| 2024-10 | −$7.06M |
| 2024-09 | −$5.08M |
| 2024-08 | −$1.76M |
| 2024-07 | −$250.08M |
C000158037 Debt Constituents
Largest debt holdings of AST Wellington Management Global Bond Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| French Discount T-Bill | 1.87% |
| United Kingdom Gilt | 1.08% |
| Japan Treasury Disc Bill | 0.98% |
| China Government Bond | 0.89% |
| US Treasury N/b | 0.88% |
| Japan Treasury Disc Bill | 0.71% |
| China Government Bond | 0.68% |
| Japan (5 Year Issue) | 0.67% |
| France (govt Of) | 0.64% |
| Japan (20 Year Issue) | 0.62% |
C000158037 Prospectus and SEC Filings
Official AST Wellington Management Global Bond 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 Long Total / Aggregate 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.