C000213018 Fees and Costs — AST PIMCO Corporate Bond Portfolio
Data updated: 2022-03-14
The net expense ratio is 0.60%: a 0.53% management fee plus 2.32% other expenses, less a 2.25% fee waiver. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $287 in broker commissions, 0.0032% of average net assets, and portfolio turnover was 41%.
C000213018 Fees and Expenses
Annual operating expenses and sales charges of C000213018. Prospectus, as of April 30, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.53% |
| 12b-1 fee | 0.00% |
| Other expenses | 2.32% |
| Gross expense ratio | 2.85% |
| Fee waiver | −2.25% |
| 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 |
C000213018 Costs Over Time
On $10,000 invested in C000213018, assuming 5% a year before costs, total costs come to $380 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 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $63 | $208 | $380 |
| Value after costs | $10,437 | $11,368 | $12,383 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
C000213018 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): 0.0032%
- Total broker commissions: $287
- Bought from dealers (principal trades, not a cost): $9.6M
- Portfolio turnover (prospectus): 41%
- Securities lending: none during the year
C000213018 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $59 | 21.12% |
| GOLDMAN SACHS & CO. LLC | $47 | 16.77% |
| BOFA SECURITIES, INC. | $42 | 14.91% |
| CITIGROUP GLOBAL MARKETS INC. | $31 | 11.18% |
| J.P. MORGAN SECURITIES LLC | $26 | 9.32% |
| UBS Securities LLC | $24 | 8.70% |
| WELLS FARGO SECURITIES, LLC | $22 | 8.07% |
| BNP PARIBAS SECURITIES CORP. | $14 | 4.97% |
| JEFFERIES LLC | $10 | 3.73% |
| RBC CAPITAL MARKETS, LLC | $3 | 1.24% |
C000213018 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $2.0M | 23.00% |
| MORGAN STANLEY & CO. LLC | $1.7M | 19.80% |
| BOFA SECURITIES, INC. | $1.3M | 14.98% |
| GOLDMAN SACHS & CO. LLC | $1.2M | 14.08% |
| CitiGroup Global Markets Inc. | $1.2M | 13.77% |
| TD SECURITIES (USA) LLC | $499K | 5.66% |
| WELLS FARGO SECURITIES, LLC | $287K | 3.25% |
| DEUTSCHE BANK SECURITIES, INC. | $196K | 2.23% |
| CREDIT SUISSE SECURITIES (USA) LLC | $155K | 1.75% |
| STIFEL, NICHOLAS & COMPANY, INC. | $129K | 1.47% |
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.