AST Aggressive Asset Allocation Portfolio

Advanced Series Trust · Series S000006791

Equity fund · 91% stocks· rate + credit risk filed
$11.30B NAV
2,168 positions · as of 2026-06-30 · filed 2026-08-27
data updated 2026-09-08

Fund profile

As filed in the prospectus · 2026 Q2

The investment objective of the Portfolio is to obtain the highest potential total return consistent with its specified level of risk tolerance.

Strategy · summarised

The fund is a fund of funds that allocates approximately 75% to equity strategies (domestic and international) and 25% to fixed income strategies through underlying pooled investment vehicles selected by the manager. Day-to-day allocation decisions are delegated to PGIM Quantitative Solutions, which adjusts a neutral allocation based on macroeconomic and market assessments. An overlay strategy using derivatives and cash manages liquidity and rebalances exposures across equity and fixed income benchmarks. Because the fund's weights in underlying portfolios are adjusted based on the subadviser's forward-looking views rather than fixed to an index, actual allocations may diverge from the stated neutral targets.

Expenses
0.86%one share class
Share classGrossNet
C0000183990.98%0.86%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 65.00% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

Partial coverage
101.36%
of net assets
Stocks91.24%
Bonds6.41%
Securitized2.15%
Cash & short-term1.45%
2 smaller0.11%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 410 new432 exited

Largest new: Advanced Series Trust, ISHARES TRUST, UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT ×3, DD, SPCX, CRWD

Largest exited: Advanced Series Trust, United States Treasury Bills, KENNEDY LEWIS CLO 7 LTD, BALBOA BAY LOAN FUNDING 2024-1 LTD, United States Treasury Notes, Toro European CLO 9 Designated Activity Co., Voya Euro Clo III Designated Activity Company, FCX

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+23.36%
3-year
+54.00%
5-year
+48.02%
Volatility
9.99%
Worst 3-yr fall
-7.69%
Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30

Avg coupon
4.25%
Avg maturity
9.77 yr
Coupon type

Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.

20%
floating
Fixed rate71.2%
Floating rate20.5%
Zero-coupon or unclassified8.4%
Maturity ladder

Share of the fund's debt value in each maturity band, shortest first.

<1yUnknown
<1y7.9%
1-3y9.8%
3-5y16.2%
5-10y25.2%
10y+38.9%
Unknown2.0%
Flagged holdings
Defaulted: none reported
In arrears: none reported
Paid in kind: 0.04% · $0.37M · 1 positions

These three overlap — one holding can be in arrears and paying in kind at once — so they are shown separately and never summed.

Risk profile

Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2

Interest-rate duration
0.89 yr
approx. move per 100bp
Credit-spread duration
Not disclosed

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Advanced Series Trust9.07%$1.03B
PRUDENTIAL INVESTMENT PORTFOLIOS 28.43%$953.01M
Advanced Series Trust7.09%$801.87M
DIMENSIONAL ETF TRUST6.09%$688.78M
Advanced Series Trust3.19%$360.69M
Advanced Series Trust2.17%$245.42M
NVIDIA CORPNVDA2.17%$244.65M
APPLE INCAAPL2.07%$234.15M
ISHARES TRUST2.06%$232.43M
VANGUARD SPECIALIZED FUNDS1.53%$173.25M
Showing 10 of 2,168Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.

Top 10 positions are 43.88% of net assets, top 25 58.09%, across 1.4K issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

Sign in free