C000232874 Fees and Costs — AST Bond Portfolio 2033
Data updated: 2026-08-26
The net expense ratio is 0.96% (4.66% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $898 in broker commissions, 0.0205% of average net assets, and portfolio turnover was 0%.
C000232874 Fees and Expenses
Annual operating expenses and sales charges of C000232874. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.47% |
| 12b-1 fee | 0.25% |
| Other expenses | 3.89% |
| Gross expense ratio | 4.66% |
| Fee waiver | −3.70% |
| 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 |
C000232874 Costs Over Time
On $10,000 invested in C000232874, assuming 5% a year before costs, total costs come to $614 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 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $103 | $337 | $614 |
| Value after costs | $10,397 | $11,239 | $12,149 |
| Impact on return, per year | 1.03% | 1.03% | 1.03% |
C000232874 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): 0.0205%
- Total broker commissions: $898
- Bought from dealers (principal trades, not a cost): $242K
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
C000232874 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $597 | 66.48% |
| BOFA SECURITIES, INC. | $153 | 17.04% |
| GOLDMAN SACHS & CO. LLC | $148 | 16.48% |
C000232874 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $180K | 74.30% |
| PRUDENTIAL INVESTMENT MANAGEMENT SERVICES LLC | $62K | 25.70% |
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.