C000213015 Fees and Costs — AST Western Asset Corporate Bond Portfolio
Data updated: 2022-03-14
The net expense ratio is 0.60%: a 0.53% management fee plus 2.23% other expenses, less a 2.16% fee waiver. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $14 in broker commissions, 0.0001% of average net assets, and portfolio turnover was 56%.
C000213015 Fees and Expenses
Annual operating expenses and sales charges of C000213015. Prospectus, as of April 30, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.53% |
| 12b-1 fee | 0.00% |
| Other expenses | 2.23% |
| Gross expense ratio | 2.76% |
| Fee waiver | −2.16% |
| Net expense ratio | 0.60% |
| 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 |
C000213015 Costs Over Time
On $10,000 invested in C000213015, assuming 5% a year before costs, total costs come to $378 over 5 years, cutting the return by 0.63% 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 0.60%) | $63 | $197 | $344 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $63 | $207 | $378 |
| Value after costs | $10,437 | $11,369 | $12,384 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
C000213015 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0001%
- Total broker commissions: $14
- Bought from dealers (principal trades, not a cost): $18.1M
- Portfolio turnover (prospectus): 56%
- Securities on loan, average value: $68K
- Net income from securities lending: $31 (0.000% of average net assets)
C000213015 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $12 | 85.75% |
| RBC CAPITAL MARKETS, LLC | $2 | 14.25% |
C000213015 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL, INC. | $4.7M | 30.53% |
| CitiGroup Global Markets Inc. | $2.1M | 13.67% |
| GOLDMAN SACHS & CO. LLC | $1.7M | 11.00% |
| J.P. Morgan Securities LLC | $1.5M | 9.65% |
| CREDIT SUISSE SECURITIES (USA) LLC | $1.4M | 8.87% |
| BOFA SECURITIES, INC. | $1.3M | 8.62% |
| HSBC SECURITIES (USA), INC. | $1.0M | 6.79% |
| RBC CAPITAL MARKETS LLC | $641K | 4.17% |
| MORGAN STANLEY & CO. LLC | $536K | 3.49% |
| DEUTSCHE BANK SECURITIES, INC. | $491K | 3.20% |
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.