# EDGAR Filing Document

**Accession Number:** 0000814679
**File Stem:** 0001752724-23-035900
**Filing Date:** 2023-2
**Character Count:** 20947
**Document Hash:** 3ff9f0e3ceeb475ad2928b8f9f4de4d0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-035900.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001752724-23-035900

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221230

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ADVANCED SERIES TRUST
- **CENTRAL INDEX KEY:** 0000814679
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05186
- **FILM NUMBER:** 23657601

**BUSINESS ADDRESS:**
- **STREET 1:** 655 BROAD STREET
- **STREET 2:** 17TH FLOOR
- **CITY:** NEWARK
- **STATE:** NJ
- **ZIP:** 07102
- **BUSINESS PHONE:** (973) 367-8982

**MAIL ADDRESS:**
- **STREET 1:** 655 BROAD STREET
- **STREET 2:** 17TH FLOOR
- **CITY:** NEWARK
- **STATE:** NJ
- **ZIP:** 07102

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AMERICAN SKANDIA TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HENDERSON INTERNATIONAL GROWTH FUND
- **DATE OF NAME CHANGE:** 19920506

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HENDERSON GLOBAL ASSET TRUST
- **DATE OF NAME CHANGE:** 19900302

## Series and Classes Contracts Data

### AST ClearBridge Dividend Growth Portfolio (Series ID: S000039713)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000123059 | AST ClearBridge Dividend Growth Portfolio |  |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Advanced Series Trust

- **b. Investment Company Act file number:** 811-05186

- **c. CIK number of Registrant:** 0000814679

- **d. LEI of Registrant:** 549300VWSUPW8FKG9V43

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 655 Broad Street

  - **City:** Newark

  - **State:** NJ

  - **Foreign country:** US

  - **Zip / Postal Code:** 07102-4077

  - **Telephone number:** 1-888-778-2888

**Item A.2. Information about the Series.**

- **a. Name of Series:** AST ClearBridge Dividend Growth Portfolio

- **b. EDGAR series identifier (if any):** S000039713

- **c. LEI of Series:** 549300NNF4XLLBXQ0J86

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $851108174.39

**Total Liabilities:** $43207576.79

**Net Assets:** $807900597.60

**Cash Not Reported:** $254468.08

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000123059 | 9.59%                | 7.33%                | -4.09%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3562600.31              | $74202994.59                               |
| Month 2  | $7533871.15              | $56382621.17                               |
| Month 3  | $33275052.33             | $-68197877.62                              |

### Schedule of Portfolio Investments

| Name                                     | Title                                    | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| PNC Financial Services Group I           | PNC Financial Services Group Inc/The     | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |     68852 | NS      | $10874484.88  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                           | Microsoft Corp                           | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    148956 | NS      | $35722627.92  | 4.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton Dickinson and Co                  | Becton Dickinson and Co                  | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |     90555 | NS      | $23028136.50  | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP SE                                   | SAP SE                                   | CUSIP: 803054204<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |    131932 | NS      | $13614063.08  | 1.69%             |  |  |  | No            |                  1 | On Loan: —       |
| PPG Industries Inc                       | PPG Industries Inc                       | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |    110729 | NS      | $13923064.46  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Enbridge Inc                             | Enbridge Inc                             | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |    583031 | NS      | $22796512.10  | 2.82%             |  |  |  | No            |                  1 | On Loan: —       |
| Travelers Cos Inc/The                    | Travelers Cos Inc/The                    | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |     96881 | NS      | $18164218.69  | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc               | Verizon Communications Inc               | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    291022 | NS      | $11466266.80  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT Corp                                 | EQT Corp                                 | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |    225277 | NS      | $7621120.91   | 0.94%             |  |  |  | No            |                  1 | On Loan: —       |
| Northrop Grumman Corp                    | Northrop Grumman Corp                    | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |     21758 | NS      | $11871382.38  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc                    | Texas Instruments Inc                    | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     35716 | NS      | $5900997.52   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra Energy                            | Sempra Energy                            | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |    105496 | NS      | $16303351.84  | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                                | Apple Inc                                | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    225369 | NS      | $29282194.17  | 3.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle SA                                | Nestle SA                                | CUSIP: 641069406<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |    126328 | NS      | $14570671.52  | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The                  | Procter & Gamble Co/The                  | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |    118430 | NS      | $17949250.80  | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Raytheon Technologies Corp               | Raytheon Technologies Corp               | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |    292630 | NS      | $29532219.60  | 3.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                           | Mastercard Inc                           | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     42378 | NS      | $14736101.94  | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Vulcan Materials Co                      | Vulcan Materials Co                      | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |    100941 | NS      | $17675778.51  | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management Inc                     | Waste Management Inc                     | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |     77883 | NS      | $12218285.04  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc                        | Cisco Systems Inc                        | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |    247761 | NS      | $11803334.04  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The                     | Williams Cos Inc/The                     | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |    763003 | NS      | $25102798.70  | 3.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The                         | Coca-Cola Co/The                         | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    282289 | NS      | $17956403.29  | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management Inc             | Apollo Global Management Inc             | CUSIP: 03769M106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    379168 | NS      | $24187126.72  | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities Inc                | AvalonBay Communities Inc                | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |     79734 | NS      | $12878635.68  | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group I           | American International Group Inc         | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |    216709 | NS      | $13704677.16  | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp                               | Intel Corp                               | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |    297728 | NS      | $7868951.04   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The                       | Walt Disney Co/The                       | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |    106135 | NS      | $9221008.80   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                                | Linde PLC                                | CUSIP: 000000000<br>LEI: 8945002PAZHZLBGKGF02 | Long             | EC               | CORP              | GB        |     72610 | NS      | $23683929.80  | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc                   | UnitedHealth Group Inc                   | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     39416 | NS      | $20897574.88  | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Edison International                     | Edison International                     | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |    191694 | NS      | $12195572.28  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| PGIM Institutional Money Market Fund - D | PGIM Institutional Money Market Fund - D | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  42965650 | NS      | $42948463.89  | 5.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                              | Oracle Corp                              | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |    172538 | NS      | $14103256.12  | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Pioneer Natural Resources Co             | Pioneer Natural Resources Co             | CUSIP: 723787107<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | EC               | CORP              | US        |     43632 | NS      | $9965112.48   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc                     | Freeport-McMoRan Inc                     | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |    167851 | NS      | $6378338.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                      | JPMorgan Chase & Co                      | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    164234 | NS      | $22023779.40  | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp                      | American Tower Corp                      | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |     54861 | NS      | $11622851.46  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife Inc                              | MetLife Inc                              | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |    199029 | NS      | $14403728.73  | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                           | Merck & Co Inc                           | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |    220183 | NS      | $24429303.85  | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Chesapeake Energy Corp                   | Chesapeake Energy Corp                   | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |    105410 | NS      | $9947541.70   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International Inc               | Mondelez International Inc               | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |    275721 | NS      | $18376804.65  | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Government Portfolio            | Fidelity Government Portfolio            | CUSIP: 316175108<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   9838859 | NS      | $9838859.11   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co                        | General Motors Co                        | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |    159183 | NS      | $5354916.12   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                               | Pfizer Inc                               | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    296633 | NS      | $15199474.92  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                       | Home Depot Inc/The                       | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     59958 | NS      | $18938333.88  | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                        | Johnson & Johnson                        | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |    130652 | NS      | $23079675.80  | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service Inc                | United Parcel Service Inc                | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     91802 | NS      | $15958859.68  | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                             | Broadcom Inc                             | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     21056 | NS      | $11773041.28  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                             | Comcast Corp                             | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    529114 | NS      | $18503116.58  | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp                       | Union Pacific Corp                       | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     72845 | NS      | $15084014.15  | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                     | Bank of America Corp                     | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    533594 | NS      | $17672633.28  | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                 | Visa Inc                                 | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     82015 | NS      | $17039436.40  | 2.11%             |  |  |  | No            |                  1 | On Loan: —       |

### Signature

**Date Signed:** 2023-02-22

**Name of Applicant:** Advanced Series Trust

**Signature:** Christian J. Kelly

**Name of Signer:** Christian J. Kelly

**Title:** Treasurer and Principal Financial and Accounting Officer