Exhibit 99.(16)
Power of Attorney
The undersigned Trustees and Officers of Advanced Series Trust hereby constitute, appoint, and authorize each of Claudia DiGiacomo, Andrew R. French, Melissa Gonzalez, Patrick McGuinness, Debra Rubano, Devan Goolsby and George Hoyt or any of them, as attorney-in-fact, to sign, execute and deliver on his or her behalf, individually and in each capacity stated below, any Registration Statement on Form N-14 and any amendment thereto (including pre- and post-effective amendments) relating to the reorganizations listed below and to file the same, with all exhibits thereto, with the Securities and Exchange Commission.
Target Portfolio | Acquiring Portfolio | |
AST Global Bond Portfolio AST High Yield Portfolio | AST Core Fixed Income Portfolio |
Signature | Title | |
/s/ Timothy S. Cronin | Trustee, President and Principal Executive Officer | |
Timothy S. Cronin | ||
/s/ Susan Davenport Austin | Trustee | |
Susan Davenport Austin | ||
/s/ Sherry S. Barrat | Trustee | |
Sherry S. Barrat | ||
/s/ Jessica Bibliowicz | Trustee | |
Jessica Bibliowicz | ||
/s/ Kay Ryan Booth | Trustee | |
Kay Ryan Booth | ||
/s/ Stephen M. Chipman | Trustee | |
Stephen M. Chipman | ||
/s/ Robert F. Gunia | Trustee | |
Robert F. Gunia | ||
/s/ Thomas M. O'Brien | Trustee | |
Thomas M. O'Brien |
/s/ Christian J. Kelly | Chief Financial Officer (Principal Financial Officer) | |
Christian J. Kelly | ||
/s/ Elyse McLaughlin | Treasurer and Principal Accounting Officer | |
Elyse McLaughlin |
Dated: August 23, 2024