C000216526 Fees and Costs — AST Bond Portfolio 2031
Data updated: 2026-08-27
The net expense ratio is 0.96% (1.01% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $14K in broker commissions, 0.0197% of average net assets, and portfolio turnover was 23%.
C000216526 Fees and Expenses
Annual operating expenses and sales charges of C000216526. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.47% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.24% |
| Gross expense ratio | 1.01% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.96% |
| 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 |
C000216526 Costs Over Time
On $10,000 invested in C000216526, assuming 5% a year before costs, total costs come to $613 over 5 years, cutting the return by 1.03% 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 0.96%) | $101 | $315 | $546 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $103 | $337 | $613 |
| Value after costs | $10,397 | $11,239 | $12,150 |
| Impact on return, per year | 1.03% | 1.03% | 1.03% |
C000216526 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0197%
- Total broker commissions: $14K
- Bought from dealers (principal trades, not a cost): $44.1M
- Portfolio turnover (prospectus): 23%
- Securities lending: none during the year
C000216526 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $10K | 70.61% |
| GOLDMAN SACHS & CO. LLC | $3K | 20.89% |
| BOFA SECURITIES, INC. | $728 | 5.23% |
| CITIGROUP GLOBAL MARKETS INC. | $455 | 3.27% |
C000216526 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| PRUDENTIAL INVESTMENT MANAGEMENT SERVICES LLC | $42.8M | 96.92% |
| BNY MELLON CAPITAL MARKETS, LLC | $1.4M | 3.08% |
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.