C000158037 Fees and Costs — AST Global Bond Portfolio
Data updated: 2025-03-14
The net expense ratio is 1.01%: a 0.64% management fee, a 0.25% 12b-1 fee plus 0.12% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $96K in broker commissions, 0.0168% of average net assets, and portfolio turnover was 289%.
C000158037 Fees and Expenses
Annual operating expenses and sales charges of C000158037. Prospectus, as of April 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.64% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.12% |
| Gross expense ratio | 1.01% |
| Fee waiver | — |
| Net expense ratio | 1.01% |
| 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 |
C000158037 Costs Over Time
On $10,000 invested in C000158037, assuming 5% a year before costs, total costs come to $642 over 5 years, cutting the return by 1.08% 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 1.01%) | $106 | $331 | $574 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $108 | $353 | $642 |
| Value after costs | $10,392 | $11,223 | $12,121 |
| Impact on return, per year | 1.08% | 1.08% | 1.08% |
C000158037 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0168%
- Total broker commissions: $96K
- Bought from dealers (principal trades, not a cost): $4.7B
- Portfolio turnover (prospectus): 289%
- Securities on loan, average value: $14.4M
- Net income from securities lending: $24K (0.004% of average net assets)
C000158037 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets Inc. | $29K | 30.35% |
| GOLDMAN SACHS & CO. LLC | $25K | 26.50% |
| J.P. Morgan Securities LLC | $21K | 22.09% |
| MORGAN STANLEY & CO. LLC | $7K | 7.21% |
| BARCLAYS CAPITAL, INC. | $7K | 7.19% |
| BOFA SECURITIES, INC. | $3K | 2.66% |
| DEUTSCHE BANK SECURITIES INC. | $2K | 2.25% |
| RBC CAPITAL MARKETS, LLC | $1K | 1.12% |
| MIDDLEGATE SECURITIES LTD | $385 | 0.40% |
| UBS Securities LLC | $219 | 0.23% |
C000158037 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $958.3M | 24.32% |
| MORGAN STANLEY & CO. LLC | $910.0M | 23.09% |
| J.P. Morgan Securities LLC | $576.4M | 14.63% |
| BARCLAYS CAPITAL, INC. | $521.7M | 13.24% |
| GOLDMAN SACHS & CO. LLC | $276.5M | 7.02% |
| CitiGroup Global Markets Inc. | $230.7M | 5.86% |
| WELLS FARGO SECURITIES, LLC | $155.7M | 3.95% |
| DEUTSCHE BANK SECURITIES, INC. | $118.8M | 3.01% |
| BNP PARIBAS SECURITIES CORP. | $105.8M | 2.69% |
| Mizuho Securities USA LLC | $86.7M | 2.20% |
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.