Investment objective & strategy
As of April 14, 2022 · prospectusObjective. The investment objective of the Portfolio is to seek capital growth.
Strategy. In pursuing its investment objective, the Portfolio normally invests at least 80% of its assets (net assets plus any borrowings made for investment purposes) in securities issued by small-capitalization companies, investing primarily in the common stocks. For purposes of the Portfolio, small-capitalization companies are generally those that have market capitalizations no larger than the largest capitalized company included in the Russell 2000 Growth Index or the S&P SmallCap 600 Growth Index at the time of the Portfolio's investment. The size of the companies in the Russell 2000 Growth Index, the S&P SmallCap 600 Growth Index, and those on which the Portfolios subadvisers intend to focus the Portfolio's investments will change with market conditions. Fundamental analyses and quantitative screenings are used … In pursuing its investment objective, the Portfolio normally invests at least 80% of its assets (net assets plus any borrowings made for investment purposes) in securities issued by small-capitalization companies, investing primarily in the common stocks. For purposes of the Portfolio, small-capitalization companies are generally those that have market capitalizations no larger than the largest capitalized company included in the Russell 2000 Growth Index or the S&P SmallCap 600 Growth Index at the time of the Portfolio's investment. The size of the companies in the Russell 2000 Growth Index, the S&P SmallCap 600 Growth Index, and those on which the Portfolios subadvisers intend to focus the Portfolio's investments will change with market conditions. Fundamental analyses and quantitative screenings are used to identify and invest in companies that the investment team believes will produce sustainable earnings growth over a multi-year horizon, as well as in companies with improving quality metrics, business momentum, and attractive relative valuations.
Top holdings
As of June 30, 2022 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| PGIM Institutional Money Market Fund - D | — | $142.58M | 29.95% |
| Vanguard Small-Cap Growth ETF | VBK | $10.61M | 2.23% |
| DREY-GVT CSH-I | MISXX | $9.07M | 1.90% |
| CHART INDUSTRIES INC | — | $7.04M | 1.48% |
| APPLIED INDU TEC | — | $6.00M | 1.26% |
| ZURN ELKAY WATER SOLUTIONS CORP | — | $5.48M | 1.15% |
| MSILF-GOVT-INS | MVRXX | $5.46M | 1.15% |
| R1 RCM INC | — | $4.97M | 1.04% |
| WILLSCOT MOBILE MINI HOLDINGS CORP | — | $4.92M | 1.03% |
| SPROUT SOCIAL INC | — | $4.74M | 0.99% |
Portfolio moves
Mar 31, 2022 → Jun 30, 2022How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| AST Goldman Sachs Small-Cap Value Portfolio | 26% | 1.03% |
| AST BlackRock 80/20 Target Allocation ETF Portfolio | 21% | 0.75% |
| MM Russell 2000 Small Cap Index Fund | 17% | 0.22% |
Footnotes
- Net assets and holdings count as of June 30, 2022, from the fund's N-PORT filing.
Machine-readable: JSON · Markdown. Programmatic access via the agent surface.