C000261145 Fees and Costs — PSF PGIM Laddered Allocation S&P 500 Buffer 20 Portfolio, Class III??
Data updated: 2026-08-26
The net expense ratio is 0.85% (72.52% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $112 in broker commissions, 0.0306% of average net assets, and portfolio turnover was 32%.
C000261145 Fees and Expenses
Annual operating expenses and sales charges of C000261145. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.25% |
| Other expenses | 71.34% |
| Gross expense ratio | 72.52% |
| Fee waiver | −71.67% |
| 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 |
C000261145 Costs Over Time
On $10,000 invested in C000261145, assuming 5% a year before costs, total costs come to $552 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 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $14 | $51 |
| Total costs | $92 | $303 | $552 |
| Value after costs | $10,408 | $11,273 | $12,211 |
| Impact on return, per year | 0.92% | 0.92% | 0.92% |
C000261145 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): 0.0306%
- Total broker commissions: $112
- Bought from dealers (principal trades, not a cost): $83K
- Portfolio turnover (prospectus): 32%
- Securities lending: none during the year
C000261145 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC CAPITAL MARKETS, LLC | $93 | 83.04% |
| CASTLEOAK SECURITIES, LP | $15 | 13.39% |
| EVERCORE GROUP L.L.C. | $3 | 2.68% |
| LIQUIDNET, INC. | $1 | 0.89% |
C000261145 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $60K | 72.26% |
| VIRTU AMERICAS LLC | $9K | 10.46% |
| BOFA SECURITIES, INC. | $8K | 9.24% |
| CITADEL SECURITIES LLC | $6K | 6.75% |
| BARCLAYS CAPITAL, INC. | $1K | 1.29% |
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.