C000261143 Fees and Costs — PSF PGIM Laddered Allocation S&P 500 Buffer 12 Portfolio, Class III??
Data updated: 2026-08-26
The net expense ratio is 0.85% (69.65% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $92 in broker commissions, 0.0246% of average net assets, and portfolio turnover was 20%.
C000261143 Fees and Expenses
Annual operating expenses and sales charges of C000261143. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.25% |
| Other expenses | 68.49% |
| Gross expense ratio | 69.65% |
| Fee waiver | −68.80% |
| Net expense ratio | 0.85% |
| 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 |
C000261143 Costs Over Time
On $10,000 invested in C000261143, assuming 5% a year before costs, total costs come to $548 over 5 years, cutting the return by 0.92% 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 0.85%) | $89 | $279 | $484 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $14 | $50 |
| Total costs | $92 | $301 | $548 |
| Value after costs | $10,408 | $11,275 | $12,214 |
| Impact on return, per year | 0.92% | 0.92% | 0.92% |
C000261143 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): 0.0246%
- Total broker commissions: $92
- Bought from dealers (principal trades, not a cost): $24K
- Portfolio turnover (prospectus): 20%
- Securities lending: none during the year
C000261143 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC CAPITAL MARKETS, LLC | $80 | 86.96% |
| CASTLEOAK SECURITIES, LP | $9 | 9.78% |
| EVERCORE GROUP L.L.C. | $2 | 2.17% |
| LIQUIDNET, INC. | $1 | 1.09% |
C000261143 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $19K | 79.21% |
| BOFA SECURITIES, INC. | $4K | 17.07% |
| VIRTU AMERICAS LLC | $883 | 3.72% |
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.