AST BOND PORTFOLIO 2024
SCHEDULE OF INVESTMENTS | as of March 31, 2024 (unaudited) |
Shares | Value | |||||
Long-Term Investments — 98.4% | ||||||
Affiliated Mutual Fund — 91.2% | ||||||
Fixed Income | ||||||
AST Target Maturity Central Portfolio* (cost $42,580,605)(wa) | 4,478,406 | $45,366,256 |
Interest Rate | Maturity Date | Principal Amount (000)# | |||||
U.S. Treasury Obligation(k) — 7.2% | |||||||
U.S. Treasury Notes | |||||||
4.250% | 12/31/24 | 3,580 | 3,555,527 | ||||
(cost $3,552,721) | |||||||
Total Long-Term Investments (cost $46,133,326) | 48,921,783 |
Shares | |||||
Short-Term Investment — 2.6% | |||||
Affiliated Mutual Fund | |||||
PGIM Core Ultra Short Bond Fund (cost $1,299,280)(wa) | 1,299,280 | 1,299,280 | |||
TOTAL INVESTMENTS—101.0% (cost $47,432,606) | 50,221,063 | ||||
Liabilities in excess of other assets(z) — (1.0)% | (490,444) | ||||
Net Assets — 100.0% | $49,730,619 |
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings: | |
CME | Chicago Mercantile Exchange |
SOFR | Secured Overnight Financing Rate |
* | 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. |
(wa) | Represents investments in Funds affiliated with the Manager. |
(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, 2024: | ||||||||
Number of Contracts | Type | Expiration Date | Current Notional Amount | Value / Unrealized Appreciation (Depreciation) | ||||
Long Positions: | ||||||||
52 | 3 Month CME SOFR | Sep. 2024 | $12,332,450 | $(33,420) | ||||
25 | 3 Month CME SOFR | Dec. 2024 | 5,945,937 | (7,233) | ||||
(40,653) | ||||||||
Short Positions: | ||||||||
12 | 2 Year U.S. Treasury Notes | Jun. 2024 | 2,453,812 | 7,016 | ||||
125 | 5 Year U.S. Treasury Notes | Jun. 2024 | 13,376,954 | (25,473) | ||||
50 | 10 Year U.S. Treasury Notes | Jun. 2024 | 5,539,844 | (25,961) | ||||
41 | 10 Year U.S. Ultra Treasury Notes | Jun. 2024 | 4,698,985 | (45,541) | ||||
54 | 20 Year U.S. Treasury Bonds | Jun. 2024 | 6,503,625 | (130,303) | ||||
31 | 30 Year U.S. Ultra Treasury Bonds | Jun. 2024 | 3,999,000 | (39,734) | ||||
(259,996) | ||||||||
$(300,649) |
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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