AST PGIM Aggressive Multi-Asset Portfolio
Actively managed U.S. stock fund
As of its 2026 Q2 report, AST PGIM Aggressive Multi-Asset Portfolio held 3,034 positions with $13.39B in net assets. Its ten largest holdings made up 43.9% of the fund. The fund costs 0.9% a year. Over the 12 months to May 2026, it returned 21.2%, with dividends reinvested. In 2026 Q2 it added 460 new positions and exited 521.
The investment objective of the Portfolio is to seek total return.
The fund allocates approximately 70% to domestic and international equities and 30% to fixed income and real estate, with day-to-day management delegated to multiple subadvisers who employ top-down economic analysis and bottom-up research using proprietary quantitative models. The subadvisers adjust allocations based on changing market expectations and may select securities on expected total return rather than yield alone. A liquidity overlay of 15–25% of net assets uses derivatives and cash instruments to manage portfolio risk, implement tactical allocation shifts, and handle redemptions. Because subadviser decisions depend on their proprietary models and market views, fund performance will diverge from any benchmark.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
Advanced Series Trust | 13.49% | $1.81B | 149.3M | $12.10 |
PRUDENTIAL INVESTMENT PORTFOLIOS 2 | 9.95% | $1.33B | 1.3B | $1.00 |
DIMENSIONAL ETF TRUST | 6.00% | $802.96M | 9.8M | $81.94 |
ISHARES TRUST | 2.76% | $369.76M | 493.7K | $748.89 |
AAPLAPPLE INC | 2.37% | $316.77M | 1.1M | $289.36 |
NVDANVIDIA CORP | 2.33% | $311.53M | 1.6M | $200.09 |
ISHARES TRUST | 2.09% | $280.36M | 2.9M | $96.58 |
PRUDENTIAL INVESTMENT PORTFOLIOS 9 | 1.70% | $227.07M | — | — |
AMZNAMAZON.COM INC | 1.65% | $220.59M | 925.5K | $238.34 |
MSFTMICROSOFT CORP | 1.55% | $207.68M | 556.7K | $373.02 |
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.
The 200 largest of 3,034 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 88.62% |
| Bonds | 8.87% |
| Securitized | 2.24% |
| Cash & short-term | 1.70% |
| 2 smaller | 0.39% |
Derivatives are shown at market value, not notional exposure.
By sector
- Other
- 37.4%
- Information Technology
- 13.6%
- International
- 12.5%
- Financials
- 5.9%
- 12 other sectors
- 30.6%
- Other
- 37.4%
- Information Technology
- 13.6%
- International
- 12.5%
- Financials
- 5.9%
- Government
- 5.6%
- Consumer Discretionary
- 4.0%
- Health Care
- 3.9%
- Industrials
- 3.8%
- Communication Services
- 3.7%
- Securitized
- 2.2%
- Cash
- 1.7%
- Consumer Staples
- 1.6%
- Energy
- 1.3%
- Real Estate
- 1.2%
- Utilities
- 1.0%
- Materials
- 0.6%
How it has done
C000018404 share class · total returns with dividends reinvested
Volatility over the last 12 months: 9.38%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
AST PGIM Aggressive Multi-Asset Portfolio is an actively managed U.S. equity fund.
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.90%
- Portfolio turnover
- 73.00% a year · as of 2026 Q2
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
460 new· the largest 3
521 exited· the largest 8
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 70.7% |
| Floating rate | 18.9% |
| Zero-coupon or unclassified | 10.3% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 9.6% |
| 1-3y | 15.1% |
| 3-5y | 15.0% |
| 5-10y | 24.2% |
| 10y+ | 34.3% |
| Unknown | 1.8% |
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
Understand how this fund fits with the rest.
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