C000199774 Fees and Costs — AST American Funds Growth Allocation Portfolio
Data updated: 2023-03-16
The net expense ratio is 0.92% (1.24% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 10%.
C000199774 Fees and Expenses
Annual operating expenses and sales charges of C000199774. Prospectus, as of April 30, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.66% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.02% |
| Gross expense ratio | 1.24% |
| Fee waiver | −0.32% |
| Net expense ratio | 0.92% |
| 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 |
C000199774 Costs Over Time
On $10,000 invested in C000199774, assuming 5% a year before costs, total costs come to $576 over 5 years, cutting the return by 0.97% 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 0.92%) | $97 | $302 | $524 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $97 | $317 | $576 |
| Value after costs | $10,403 | $11,260 | $12,186 |
| Impact on return, per year | 0.97% | 0.97% | 0.97% |
C000199774 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 10%
- Securities lending: none during the year
C000199774 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP GLOBAL MARKETS INC. | $4K | 87.74% |
| RBC CAPITAL MARKETS, LLC | $321 | 7.34% |
| E D & F MAN CAPITAL MARKETS INC. | $140 | 3.20% |
| MORGAN STANLEY & CO. LLC | $39 | 0.89% |
| Canaccord Genuity LLC | $30 | 0.68% |
| NATIONAL BANK OF CANADA FINANCIAL INC. | $7 | 0.16% |
C000199774 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $74.9M | 24.89% |
| CREDIT SUISSE SECURITIES (USA) LLC | $74.7M | 24.82% |
| WELLS FARGO SECURITIES, LLC | $47.3M | 15.72% |
| BARCLAYS CAPITAL, INC. | $41.6M | 13.83% |
| CitiGroup Global Markets Inc. | $30.0M | 9.99% |
| Daiwa Capital Markets America, Inc. | $12.3M | 4.08% |
| BNP PARIBAS SECURITIES CORP. | $9.3M | 3.08% |
| GOLDMAN SACHS & CO. | $7.7M | 2.57% |
| BNY MELLON CAPITAL MARKETS, LLC | $1.6M | 0.54% |
| MIZUHO SECURITIES (USA) INC. | $1.4M | 0.48% |
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.