C000206974 Fees and Costs — AST BlackRock 80/20 Target Allocation ETF Portfolio
Data updated: 2023-03-16
The net expense ratio is 0.75% (1.00% before fee waivers). There are no sales loads or redemption fees. In fiscal 2022 the fund paid $126K in broker commissions, 0.0508% of average net assets, and portfolio turnover was 53%.
C000206974 Fees and Expenses
Annual operating expenses and sales charges of C000206974. Prospectus, as of April 30, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.52% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.05% |
| Gross expense ratio | 1.00% |
| Fee waiver | −0.25% |
| Net expense ratio | 0.75% |
| 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 |
C000206974 Costs Over Time
On $10,000 invested in C000206974, assuming 5% a year before costs, total costs come to $503 over 5 years, cutting the return by 0.84% 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 0.75%) | $79 | $246 | $428 |
| Trading costs (broker commissions) | $5 | $17 | $29 |
| Lost growth on money paid in costs | $0 | $13 | $46 |
| Total costs | $84 | $276 | $503 |
| Value after costs | $10,416 | $11,300 | $12,260 |
| Impact on return, per year | 0.84% | 0.84% | 0.84% |
C000206974 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): 0.0508%
- Total broker commissions: $126K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 53%
- Securities on loan, average value: $65.0M
- Net income from securities lending: $302K (0.122% of average net assets)
C000206974 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $19K | 17.63% |
| BOFA SECURITIES, INC. | $17K | 15.35% |
| CREDIT SUISSE SECURITIES (USA) LLC | $13K | 12.02% |
| J.P. Morgan Securities LLC | $11K | 10.26% |
| Jane Street Execution Services, LLC | $10K | 9.13% |
| UBS Securities LLC | $10K | 8.96% |
| CITADEL SECURITIES LLC | $8K | 7.82% |
| CitiGroup Global Markets Inc. | $8K | 7.21% |
| VIRTU AMERICAS LLC | $7K | 6.33% |
| GOLDMAN SACHS & CO. LLC | $6K | 5.30% |
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.