AST BALANCED ASSET ALLOCATION PORTFOLIO
SCHEDULE OF INVESTMENTS | as of March 31, 2021 (unaudited) |
Shares | Value | |||||
Long-Term Investments — 86.0% | ||||||
Affiliated Mutual Funds | ||||||
AST BlackRock/Loomis Sayles Bond Portfolio* | 19,736,718 | $304,537,553 | ||||
AST ClearBridge Dividend Growth Portfolio* | 18,516,182 | 449,017,404 | ||||
AST Emerging Markets Equity Portfolio* | 5,986,224 | 63,633,561 | ||||
AST Global Bond Portfolio* | 109,851,332 | 1,316,018,954 | ||||
AST Goldman Sachs Small-Cap Value Portfolio* | 3,496,802 | 104,799,167 | ||||
AST High Yield Portfolio* | 7,498,593 | 89,083,280 | ||||
AST Hotchkis & Wiley Large-Cap Value Portfolio* | 11,890,694 | 466,828,632 | ||||
AST International Growth Portfolio* | 14,763,391 | 395,658,893 | ||||
AST International Value Portfolio* | 18,811,194 | 420,430,190 | ||||
AST Jennison Large-Cap Growth Portfolio* | 4,955,180 | 299,837,935 | ||||
AST Large-Cap Core Portfolio* | 44,883,094 | 1,155,290,843 | ||||
AST Loomis Sayles Large-Cap Growth Portfolio* | 4,013,966 | 347,649,607 | ||||
AST MFS Growth Portfolio* | 6,541,640 | 286,065,939 | ||||
AST MFS Large-Cap Value Portfolio* | 21,591,151 | 568,926,832 | ||||
AST Mid-Cap Growth Portfolio* | 2,045,474 | 31,766,211 | ||||
AST Mid-Cap Value Portfolio* | 1,144,923 | 46,667,061 | ||||
AST Prudential Core Bond Portfolio* | 77,578,382 | 1,055,065,990 | ||||
AST QMA International Core Equity Portfolio* | 25,483,718 | 358,301,069 | ||||
AST Small-Cap Growth Opportunities Portfolio* | 2,411,216 | 78,798,549 | ||||
AST Small-Cap Growth Portfolio* | 1,060,077 | 86,512,888 | ||||
AST Small-Cap Value Portfolio* | 2,542,961 | 88,774,784 | ||||
AST T. Rowe Price Large-Cap Growth Portfolio* | 5,489,377 | 359,883,573 | ||||
AST T. Rowe Price Large-Cap Value Portfolio* | 22,473,476 | 445,199,555 | ||||
AST T. Rowe Price Natural Resources Portfolio* | 2,321,335 | 56,176,309 | ||||
AST Western Asset Core Plus Bond Portfolio* | 47,182,582 | 682,731,958 | ||||
AST Western Asset Emerging Markets Debt Portfolio* | 5,184,342 | 64,441,378 | ||||
Total Long-Term Investments (cost $7,728,969,357)(wd) | 9,622,098,115 |
Shares | Value | |||||
Short-Term Investments — 14.0% | ||||||
Affiliated Mutual Fund — 13.5% | ||||||
PGIM Core Ultra Short Bond Fund (cost $1,505,801,344)(wd) | 1,505,801,344 | $1,505,801,344 |
Interest Rate | Maturity Date | Principal Amount (000)# | |||||
U.S. Treasury Obligation(k)(n) — 0.5% | |||||||
U.S. Treasury Bills | |||||||
0.025% | 06/17/21 | 58,000 | 57,998,886 | ||||
(cost $57,996,898) | |||||||
Total Short-Term Investments (cost $1,563,798,242) | 1,563,800,230 | ||||||
TOTAL INVESTMENTS—100.0% (cost $9,292,767,599) | 11,185,898,345 | ||||||
Other assets in excess of liabilities(z) — 0.0% | 5,159,178 | ||||||
Net Assets — 100.0% | $11,191,057,523 |
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings: | |
EAFE | Europe, Australasia, Far East |
MSCI | Morgan Stanley Capital International |
S&P | Standard & Poor’s |
* | Non-income producing security. |
# | Principal amount is shown in U.S. dollars unless otherwise stated. |
(k) | Represents security, or a portion thereof, segregated as collateral for centrally cleared/exchange-traded derivatives. |
(n) | Rate shown reflects yield to maturity at purchased date. |
(wd) | PGIM Investments LLC, the co-manager of the Portfolio, also serves as the manager/co-manager of the underlying portfolios in which the Portfolio invests. |
(z) | Includes net unrealized appreciation/(depreciation) and/or market value of the below holdings which are excluded from the Schedule of Investments: |
Futures contracts outstanding at March 31, 2021: | ||||||||
Number of Contracts | Type | Expiration Date | Current Notional Amount | Value / Unrealized Appreciation (Depreciation) | ||||
Long Positions: | ||||||||
688 | 2 Year U.S. Treasury Notes | Jun. 2021 | $151,859,875 | $(150,988) | ||||
1,676 | 5 Year U.S. Treasury Notes | Jun. 2021 | 206,815,785 | (2,530,274) | ||||
497 | 10 Year U.S. Treasury Notes | Jun. 2021 | 65,075,938 | (1,642,824) | ||||
671 | 20 Year U.S. Treasury Bonds | Jun. 2021 | 103,732,406 | (4,180,887) | ||||
1,750 | Mini MSCI EAFE Index | Jun. 2021 | 191,800,000 | (879,483) | ||||
680 | Russell 2000 E-Mini Index | Jun. 2021 | 75,565,000 | (4,305,699) |
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AST BALANCED ASSET ALLOCATION PORTFOLIO (continued)
SCHEDULE OF INVESTMENTS | as of March 31, 2021 (unaudited) |
Futures contracts outstanding at March 31, 2021 (continued): | ||||||||
Number of Contracts | Type | Expiration Date | Current Notional Amount | Value / Unrealized Appreciation (Depreciation) | ||||
Long Positions (cont’d): | ||||||||
3,580 | S&P 500 E-Mini Index | Jun. 2021 | $710,164,600 | $6,171,236 | ||||
$(7,518,919) |
Other information regarding the Portfolio is available in the Portfolio’s most recent Report to Shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov).
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