NPORT-EX 2 PIPDYZ1ASTMngFixInc.htm
AST MANAGED FIXED INCOME PORTFOLIO
SCHEDULE OF INVESTMENTS as of March 31, 2020 (unaudited)
      Shares   Value
Long-Term Investments — 101.8%
Affiliated Mutual Funds — 99.3%
AST Blackrock Low Duration Bond Portfolio*
29,805   $326,065
AST High Yield Portfolio*
73,302   701,504
AST PIMCO Dynamic Bond Portfolio*
44,339   424,763
AST Prudential Core Bond Portfolio*
2,576,534   33,417,652
AST Wellington Management Global Bond Portfolio*
225,624   2,691,690
AST Western Asset Emerging Markets Debt Portfolio*
51,719   556,498
 
Total Affiliated Mutual Funds

(cost $35,640,246)(w)
  38,118,172
Exchange-Traded Funds — 2.5%
iShares 3-7 Year Treasury Bond ETF
3,640   485,358
iShares TIPS Bond ETF
4,188   493,849
 
Total Exchange-Traded Funds

(cost $936,024)
  979,207
 
Total Long-Term Investments

(cost $36,576,270)
  39,097,379
Short-Term Investments — 5.7%
Affiliated Mutual Fund — 5.6%
PGIM Core Ultra Short Bond Fund

(cost $2,146,146)(w)
2,146,146   2,146,146
    
Interest
Rate 		  Maturity
Date 		  Principal
Amount
(000)# 		 
U.S. Treasury Obligation(k)(n) — 0.1%
U.S. Treasury Bills
0.070%   06/18/20     25 24,994
(cost $24,996)      
 
Total Short-Term Investments

(cost $2,171,142)
  2,171,140
 
TOTAL INVESTMENTS—107.5%

(cost $38,747,412)
  41,268,519
 
Liabilities in excess of other assets(z) — (7.5)%
  (2,875,659)
 
Net Assets — 100.0%
  $38,392,860
    
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings:
ETF Exchange-Traded Fund
TIPS Treasury Inflation-Protected Securities
    
* 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 is the effective yield to maturity at purchased date.
(w) 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, 2020:
Number
of
Contracts 		  Type   Expiration
Date 		  Current
Notional
Amount 		  Value /
Unrealized
Appreciation
(Depreciation)
Long Positions:
2   5 Year U.S. Treasury Notes   Jun. 2020   $250,719   $8,247
10   10 Year U.S. Treasury Notes   Jun. 2020   1,386,875   30,021
                $38,268
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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