AST Advanced Strategies Portfolio (continued) - Prudential Annuities

Portfolios are only available for investment in variable annuities issued by Pruco Life Insurance Company (in New York, by Pruco LifeInsurance Company of New Jersey), Newark, NJ (main office), or by Prudential Annuities Life Assurance Corporation, Shelton, CT (mainoffice) and distributed by Prudential Annuities Distributors, Inc., Shelton, CT. All are Prudential Financial companies and each is solelyresponsible for its own financial condition and contractual obligations. Prudential Annuities is a business of Prudential Financial Inc.This material must be preceded or accompanied by a current variable annuity product prospectus and the Applicable variable annuitysummary card.© 2014 Prudential Annuities, Prudential, the Prudential logo, the Rock symbol, and Bring Your Challenges are service marks of Prudential, Inc.and its related entities, registered in many jurisdictions worldwide.

AST AQR Emerging Markets Equity Portfolio (continued)Security% of PortfolioMULTIPLUS SA 0.08%NASPERS LTD-N SHS 0.07%FAR EASTERN DEPARTMENT STOR 0.07%BRASKEM SA-PREF A 0.07%SHANGHAI PHARMACEUTICALS-H 0.07%HONG KONG DOLLAR 0.07%LONGFOR PROPERTIES 0.07%TAURON POLSKA ENERGIA SA 0.07%SHANGHAI INDUSTRIAL HLDG LT 0.07%EMLAK KONUT GAYRIMENKUL YAT 0.06%ARCA CONTINENTAL SAB DE CV 0.06%TAIWAN DOLLAR 0.06%REDEFINE PROPERTIES LTD 0.06%BANK HANDLOWY W WARSZAWIE S 0.05%MEDIA NUSANTARA CITRA TBK P 0.05%CHINA COMMUNICATIONS CONST- 0.05%NORTHAM PLATINUM LTD 0.05%DGB FINANCIAL GROUP INC 0.05%CIA DE MINAS BUENAVENTUR-AD 0.05%S FRWD MXP 9/17/2014 0.05%S FRWD MXP 9/17/2014 0.05%GUANGZHOU R&F PROPERTIES - 0.05%MULTIPLAN EMPREENDIMENTOS 0.04%SINO-OCEAN LAND HOLDINGS 0.04%SOHO CHINA LTD 0.04%LIPPO KARAWACI TBK PT 0.04%RUENTEX DEVELOPMENT CO LTD 0.04%TRS BZQ4 INDX FUTURE SWP 0.04%QZQ4S MSCI SING IX ETS 9/03/2014 0.04%RHB CAPITAL BHD 0.04%TURKISH LIRA 0.04%FRANSHION PROPERTIES 0.03%MOL HUNGARIAN OIL AND GAS P 0.03%GLOW ENERGY PCL - NVDR 0.03%CHILEAN PESO 0.03%S FRWD CLP 9/17/2014 0.03%S FRWD CLP 9/17/2014 0.03%MEXICAN PESO 0.03%SOUTH AFRICAN RAN 0.03%DAELIM INDUSTRIAL CO LTD 0.03%S FRWD CLP 9/17/2014 0.03%S FRWD CLP 9/17/2014 0.03%S FRWD CLP 9/17/2014 0.03%S FRWD CLP 9/17/2014 0.03%CHINA AIRLINES LTD 0.02%METALURGICA GERDAU SA-PREF 0.02%KCC CORP 0.02%S FRWD IND 9/17/2014 0.02%S FRWD RUB 9/17/2014 0.02%S FRWD RUB 9/17/2014 0.02%S FRWD RUB 9/17/2014 0.02%S FRWD RUB 9/17/2014 0.02%S FRWD MXP 9/17/2014 0.02%S FRWD MXP 9/17/2014 0.02%Security% of PortfolioS FRWD CLP 9/17/2014 0.02%S FRWD CLP 9/17/2014 0.02%S FRWD RUB 9/17/2014 0.02%S FRWD RUB 9/17/2014 0.02%S FRWD CLP 9/17/2014 0.02%S FRWD CLP 9/17/2014 0.02%S FRWD RUB 9/17/2014 0.01%S FRWD RUB 9/17/2014 0.01%L FRWD BRC 9/17/2014 0.01%L FRWD BRC 9/17/2014 0.01%POLAND ZLOTY 0.01%S FRWD CLP 9/17/2014 0.01%S FRWD CLP 9/17/2014 0.01%S FRWD MXP 9/17/2014 0.01%S FRWD MXP 9/17/2014 0.01%S FRWD RUB 9/17/2014 0.01%S FRWD RUB 9/17/2014 0.01%MALAYSIA RINGGIT 0.01%L FRWD COP 9/17/2014 0.01%L FRWD COP 9/17/2014 0.01%S FRWD RUB 9/17/2014 0.01%S FRWD RUB 9/17/2014 0.01%L FRWD MYR 9/17/2014 0.01%L FRWD MYR 9/17/2014 0.01%HUNGARIAN FORINT 0.01%S FRWD RUB 9/17/2014 0.01%S FRWD RUB 9/17/2014 0.01%TRS HCQ4 INDX FUTURE SWP 0.01%CHINA MOTOR CORP 0.01%L FRWD IDR 9/17/2014 0.01%L FRWD IDR 9/17/2014 0.01%L FRWD BRC 9/17/2014 0.01%L FRWD BRC 9/17/2014 0.01%L FRWD BRC 9/17/2014 0.01%L FRWD BRC 9/17/2014 0.01%L FRWD COP 9/17/2014 0.01%L FRWD COP 9/17/2014 0.01%S FRWD HUF 9/17/2014 0.01%S FRWD HUF 9/17/2014 0.01%S FRWD MXP 9/17/2014 0.01%L FRWD BRC 9/17/2014 0.01%L FRWD BRC 9/17/2014 0.01%S FRWD MXP 9/17/2014 0.01%S FRWD MXP 9/17/2014 0.01%S FRWD MXP 9/17/2014 0.01%S FRWD RUB 9/17/2014 0.01%S FRWD HUF 9/17/2014 0.01%S FRWD HUF 9/17/2014 0.01%BRAZILIAN REAL 0.01%TRS TAQ4 INDX FUTURE SWP 0.01%S FRWD TRL 9/17/2014 0.01%S FRWD TRL 9/17/2014 0.01%S FRWD MXP 9/17/2014 0.01%S FRWD MXP 9/17/2014 0.01%AST Portfolio Holdings5 of 635

AST AQR Emerging Markets Equity Portfolio (continued)Security% of PortfolioL FRWD THB 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%L FRWD COP 9/17/2014 < 0.01%L FRWD COP 9/17/2014 < 0.01%S FRWD BRC 9/17/2014 < 0.01%S FRWD BRC 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%KOREAN WON < 0.01%S FRWD IND 9/17/2014 < 0.01%L FRWD PEI 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD PEI 9/17/2014 < 0.01%S FRWD CLP 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD ILS 9/17/2014 < 0.01%S FRWD TWD 9/17/2014 < 0.01%S FRWD TWD 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD PEI 9/17/2014 < 0.01%L FRWD PEI 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD ILS 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%S FRWD TWD 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%S FRWD TWD 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%Security% of PortfolioS FRWD PEI 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S FRWD TWD 9/17/2014 < 0.01%S FRWD TWD 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%L FRWD TWD 9/17/2014 < 0.01%L FRWD TWD 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%S FRWD TWD 9/17/2014 < 0.01%S FRWD TWD 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%THAILAND BAHT < 0.01%JINMAO INVESTMENTS RIGHTS < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%S FRWD PEI 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%AST Portfolio Holdings7 of 635

AST AQR Emerging Markets Equity Portfolio (continued)Security% of PortfolioL FRWD KOR 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%L FRWD IDR 9/17/2014 < 0.01%L FRWD IDR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%S FRWD KOR 9/17/2014 < 0.01%S FRWD KOR 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%S FRWD PEI 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%S FRWD PEI 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%SINGAPORE DOLLAR < 0.01%L FRWD RUB 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%Security% of PortfolioS FRWD THB 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%TWQ4 INDEX FUTURE SWAP AUG < 0.01%L FRWD BRC 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD TWD 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L FRWD TWD 9/17/2014 < 0.01%L FRWD TWD 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD IDR 9/17/2014 < 0.01%L FRWD IDR 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%L FRWD PEI 9/17/2014 < 0.01%L FRWD PEI 9/17/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD IDR 9/17/2014 < 0.01%L FRWD IDR 9/17/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%AST Portfolio Holdings8 of 635

AST AQR Emerging Markets Equity Portfolio (continued)Security% of PortfolioL FRWD MXP 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD IDR 9/17/2014 < 0.01%L FRWD IDR 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%S FRWD IDR 9/17/2014 < 0.01%S FRWD IDR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD IDR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD IDR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD IDR 9/17/2014 < 0.01%S FRWD IDR 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%MEXICO PESO < 0.01%S FRWD SGD 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%S FRWD IDR 9/17/2014 < 0.01%S FRWD IDR 9/17/2014 < 0.01%S FRWD KOR 9/17/2014 < 0.01%S FRWD KOR 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%S FRWD PHP 9/17/2014 < 0.01%S FRWD PHP 9/17/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%Security% of PortfolioS FRWD KOR 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%S FRWD KOR 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%S FRWD ILS 9/17/2014 < 0.01%S FRWD ILS 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%S FRWD BRC 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%S FRWD BRC 9/17/2014 < 0.01%S FRWD BRC 9/17/2014 < 0.01%S FRWD BRC 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%S FRWD ILS 9/17/2014 < 0.01%S FRWD ILS 9/17/2014 < 0.01%S FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%S FRWD IDR 9/17/2014 < 0.01%S FRWD IDR 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD PLZ 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%AST Portfolio Holdings9 of 635

AST AQR Emerging Markets Equity Portfolio (continued)Security% of PortfolioS FRWD THB 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%S FRWD IDR 9/17/2014 < 0.01%S FRWD IDR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%L FRWD CLP 9/17/2014 < 0.01%L FRWD CLP 9/17/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%S FRWD PHP 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%S FRWD PHP 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S FRWD ILS 9/17/2014 < 0.01%S FRWD ILS 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%S FRWD PHP 9/17/2014 < 0.01%S FRWD PHP 9/17/2014 < 0.01%S FRWD KOR 9/17/2014 < 0.01%S FRWD KOR 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%L FRWD CLP 9/17/2014 < 0.01%L FRWD CLP 9/17/2014 < 0.01%S FRWD PHP 9/17/2014 < 0.01%S FRWD PHP 9/17/2014 < 0.01%S FRWD ILS 9/17/2014 -0.01%S FRWD ILS 9/17/2014 -0.01%TURKISH LIRA -0.01%L FRWD RUB 9/17/2014 -0.01%Security% of PortfolioL FRWD RUB 9/17/2014 -0.01%S FRWD TRL 9/17/2014 -0.01%S FRWD TRL 9/17/2014 -0.01%S FRWD PHP 9/17/2014 -0.01%S FRWD PHP 9/17/2014 -0.01%L FRWD PLZ 9/17/2014 -0.01%L FRWD PLZ 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD TRL 9/17/2014 -0.01%L FRWD TRL 9/17/2014 -0.01%L FRWD CSK 9/17/2014 -0.01%L FRWD CSK 9/17/2014 -0.01%S FRWD BRC 9/17/2014 -0.01%S FRWD BRC 9/17/2014 -0.01%L FRWD TRL 9/17/2014 -0.01%L FRWD TRL 9/17/2014 -0.01%S FRWD IDR 9/17/2014 -0.01%S FRWD IDR 9/17/2014 -0.01%L FRWD KOR 9/17/2014 -0.01%L FRWD KOR 9/17/2014 -0.01%L FRWD TRL 9/17/2014 -0.01%L FRWD TRL 9/17/2014 -0.01%SOUTH AFRICA RAND -0.01%S FRWD ILS 9/17/2014 -0.01%S FRWD ILS 9/17/2014 -0.01%S FRWD ILS 9/17/2014 -0.01%S FRWD ILS 9/17/2014 -0.01%S FRWD BRC 9/17/2014 -0.01%S FRWD BRC 9/17/2014 -0.01%L FRWD PLZ 9/17/2014 -0.01%L FRWD PLZ 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%S FRWD SGD 9/17/2014 -0.01%S FRWD SGD 9/17/2014 -0.01%L FRWD PLZ 9/17/2014 -0.01%L FRWD PLZ 9/17/2014 -0.01%S FRWD SGD 9/17/2014 -0.01%S FRWD SGD 9/17/2014 -0.01%L FRWD PLZ 9/17/2014 -0.01%L FRWD PLZ 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD PLZ 9/17/2014 -0.01%L FRWD PLZ 9/17/2014 -0.01%L FRWD TRL 9/17/2014 -0.01%L FRWD TRL 9/17/2014 -0.01%L FRWD RUB 9/17/2014 -0.01%L FRWD RUB 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%AST Portfolio Holdings10 of 635

AST AQR Emerging Markets Equity Portfolio (continued)Security% of PortfolioS FRWD SGD 9/17/2014 -0.01%S FRWD SGD 9/17/2014 -0.01%L FRWD BRC 9/17/2014 -0.01%L FRWD BRC 9/17/2014 -0.01%L FRWD CLP 9/17/2014 -0.01%L FRWD CLP 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD TRL 9/17/2014 -0.01%L FRWD TRL 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD PLZ 9/17/2014 -0.01%L FRWD PLZ 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD RUB 9/17/2014 -0.01%L FRWD RUB 9/17/2014 -0.01%L FRWD MXP 9/17/2014 -0.01%L FRWD MXP 9/17/2014 -0.01%L FRWD CLP 9/17/2014 -0.01%L FRWD CLP 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD RUB 9/17/2014 -0.02%L FRWD RUB 9/17/2014 -0.02%TRS FTQ4 INDX FUTURE SWP -0.02%L FRWD RUB 9/17/2014 -0.02%L FRWD RUB 9/17/2014 -0.02%S FRWD SGD 9/17/2014 -0.02%S FRWD SGD 9/17/2014 -0.02%L FRWD HUF 9/17/2014 -0.02%L FRWD HUF 9/17/2014 -0.02%L FRWD RUB 9/17/2014 -0.02%L FRWD RUB 9/17/2014 -0.02%L FRWD HUF 9/17/2014 -0.02%L FRWD HUF 9/17/2014 -0.02%L FRWD HUF 9/17/2014 -0.02%L FRWD HUF 9/17/2014 -0.02%L FRWD HUF 9/17/2014 -0.03%L FRWD HUF 9/17/2014 -0.03%L FRWD RUB 9/17/2014 -0.03%L FRWD RUB 9/17/2014 -0.03%TRS KRSU4 IDX FUTURE SWP -0.03%L FRWD HUF 9/17/2014 -0.03%L FRWD HUF 9/17/2014 -0.03%L FRWD RUB 9/17/2014 -0.04%L FRWD RUB 9/17/2014 -0.04%KOREAN WON -0.12%11 of 635AST Portfolio Holdings

AST AQR Emerging Markets Equity PortfolioSecurity% of PortfolioKMU4S KOSPI2 INX FUT 9/17/2014 5.38%SAMSUNG ELECTRONICS CO LTD 4.03%PRUDENTIAL CORE INVESTMENT 3.62%HCQ4 H-SHARES IDX FUT 9/02/2014 2.49%IHQ4S SGX CNX NIFTY 9/05/2014 2.13%AMERICA MOVIL-ADR SERIES L 2.01%CHINA MOBILE LTD 1.59%AIU4 FTSE/JSE TOP 40 9/23/2014 1.37%TAIWAN SEMICONDUCTOR-SP ADR 1.35%TENAGA NASIONAL BHD 1.31%GAZPROM OAO-SPON ADR 1.25%CHINA CONSTRUCTION BANK-H 1.23%LARGAN PRECISION CO LTD 1.19%TATA MOTORS LTD-SPON ADR 1.19%BANK OF CHINA LTD-H 1.05%HON HAI PRECISION INDUSTRY 1.04%IND & COMM BK OF CHINA-H 1.02%SINO BIOPHARMACEUTICAL 0.99%CHINA PETROLEUM & CHEMICAL- 0.93%PGE SA 0.91%GOME ELECTRICAL APPLIANCES 0.89%SK HYNIX INC 0.87%WIPRO LTD-ADR 0.84%MEDIATEK INC 0.83%PORTO SEGURO SA 0.82%LG DISPLAY CO LTD 0.80%MTN GROUP LTD 0.78%TWQ4 MSCI TAIWAN INDEX 9/05/2014 0.77%SASOL LTD 0.75%LUKOIL OAO-SPON ADR 0.74%INVENTEC CORP 0.73%ALFA S.A.B.-A 0.72%CIA ENERGETICA DE SP-PREF B 0.71%KIA MOTORS CORPORATION 0.69%AIRPORTS OF THAILAND PC-NVD 0.69%HYUNDAI MOBIS CO LTD 0.67%TELEKOMUNIKASI INDONESIA PE 0.66%TIM PARTICIPACOES SA-ADR 0.65%RELIANCE INDS-SPONS GDR 144 0.63%PTT EXPLOR & PROD PCL-NVDR 0.63%CNOOC LTD 0.63%KOREA ELECTRIC POWER CORP 0.62%INFOSYS LTD-SP ADR 0.61%ENERSIS S.A. -SPONS ADR 0.61%FUBON FINANCIAL HOLDING CO 0.61%SHINHAN FINANCIAL GROUP LTD 0.59%PETROCHINA CO LTD-H 0.59%SINOPEC SHANGHAI PETROCHEM- 0.58%SAMSUNG FIRE & MARINE INS 0.58%NAVER CORP 0.57%HUANENG POWER INTL INC-H 0.56%CHINA TELECOM CORP LTD-H 0.55%TATNEFT-SPONSORED REGS GDR 0.55%GRUPO TELEVISA SA-SPON ADR 0.55%Security% of PortfolioSIHUAN PHARMACEUTICAL HLDGS 0.52%PRESIDENT CHAIN STORE CORP 0.51%KINSUS INTERCONNECT TECH 0.51%DELTA ELECTRONICS INC 0.50%SURGUTNEFTEGAZ-SP ADR 0.49%ANGLOGOLD ASHANTI-SPON ADR 0.49%KB FINANCIAL GROUP INC 0.49%ENKA INSAAT VE SANAYI AS 0.48%SISTEMA JSFC-REG S SPONS GD 0.48%SK HOLDINGS CO LTD 0.47%CHINA CITIC BANK CORP LTD-H 0.46%HYOSUNG CORPORATION 0.46%TAV HAVALIMANLARI HOLDING A 0.46%ADARO ENERGY TBK PT 0.45%SANLAM LTD 0.45%BELLE INTERNATIONAL HOLDING 0.45%WOOLWORTHS HOLDINGS LTD 0.43%CHINA RAILWAY CONSTRUCTION- 0.43%KOREAN AIR LINES CO LTD 0.43%ITAU UNIBANCO HLDNG-PREF AD 0.43%RMB HOLDINGS LTD 0.42%UNI-PRESIDENT ENTERPRISES C 0.42%CHINA GAS HOLDINGS LTD 0.42%HANA FINANCIAL GROUP 0.42%STATE BANK OF INDIA-SPON GD 0.42%BANCO BRADESCO-ADR 0.41%GERDAU SA-PREF 0.41%WOORI FINANCE HOLDINGS CO 0.41%MALAYAN BANKING BHD 0.40%CTBC FINANCIAL HOLDING CO L 0.39%IOI CORPORATION BHD 0.38%POU CHEN 0.38%DIGI.COM BHD 0.38%AFRICAN RAINBOW MINERALS LT 0.38%CHINA OVERSEAS LAND & INVES 0.38%POSCO 0.38%INVESTEC LTD 0.37%BANCO DE CHILE 0.36%UMW HOLDINGS BHD 0.36%ICICI BANK LTD-SPON ADR 0.36%A5Q4S BIST 30 FUTURES 9/03/2014 0.34%AGRICULTURAL BANK OF CHINA- 0.34%BANK RAKYAT INDONESIA PERSE 0.34%MAGNIT OJSC-SPON GDR REGS 0.33%GRUPO MEXICO SAB DE CV-SER 0.33%ISU4S MEX BOLSA IDX FUT 9/27/2014 0.32%VODACOM GROUP LTD 0.32%BANK NEGARA INDONESIA PERSE 0.32%PETRONAS CHEMICALS GROUP BH 0.32%BANGKOK BANK PUBLIC CO-NVDR 0.29%E-MART CO LTD 0.29%FOMENTO ECONOMICO MEX-SP AD 0.29%BANCO SANTANDER-CHILE-ADR 0.29%COMPARTAMOS SAB DE CV 0.29%AST Portfolio Holdings12 of 635

AST AQR Emerging Markets Equity Portfolio (continued)Security% of PortfolioIMPERIAL HOLDINGS LTD 0.29%GENTING MALAYSIA BHD 0.28%POLSKIE GORNICTWO NAFTOWE I 0.28%CEMIG SA -SPONS ADR 0.28%TECO ELECTRIC & MACHINERY 0.28%KOREA ZINC CO LTD 0.28%ADVANTECH CO LTD 0.27%VALE SA-PREF 0.27%BCU4S SET50 FUTURES 10/04/2014 0.27%ZHEJIANG EXPRESSWAY CO-H 0.26%KIMBERLY-CLARK DE MEXICO-A 0.26%CHINA UNICOM HONG KONG LTD 0.26%NETCARE LTD 0.25%BIM BIRLESIK MAGAZALAR AS 0.25%DOCTOR REDDY'S LAB-ADR 0.25%DONGFENG MOTOR GRP CO LTD-H 0.25%MIRAE ASSET SECURITIES CO L 0.24%PTT GLOBAL CHEMICAL PCL-NVD 0.24%HYUNDAI DEVELOPMENT CO-ENGI 0.23%TOFAS TURK OTOMOBIL FABRIKA 0.23%BANCO DE CREDITO E INVERSIO 0.23%HANWHA LIFE INSURANCE CO LT 0.23%DONGBU INSURANCE CO LTD 0.23%VTB BANK OJSC-GDR-REG S 0.22%CEMEX SAB-SPONS ADR PART CE 0.22%UNILEVER INDONESIA TBK PT 0.21%MISC BHD 0.21%PERUSAHAAN GAS NEGARA PERSE 0.21%NOVATEK OAO-SPONS GDR REG S 0.21%CHINA MERCHANTS BANK-H 0.21%CHINA OILFIELD SERVICES-H 0.20%ADVANCED SEMICONDUCTOR ENGR 0.20%BRF SA 0.19%COMPAL ELECTRONICS 0.19%HYUNDAI HYSCO 0.19%BEC WORLD PUBLIC CO LTD-NVD 0.19%INDOCEMENT TUNGGAL PRAKARSA 0.18%KRUNG THAI BANK - NVDR 0.18%QUALICORP SA 0.18%JIANGXI COPPER CO LTD-H 0.18%JBS SA 0.18%SK TELECOM CO LTD-ADR 0.17%TURKIYE HALK BANKASI 0.17%SINOPAC FINANCIAL HOLDINGS 0.17%CHINA RESOURCES LAND LTD 0.17%TAISHIN FINANCIAL HOLDING 0.17%ORANGE POLSKA SA 0.17%GRUPO AEROPORT DEL PACIFIC- 0.17%ROSNEFT OJSC-REG S GDR 0.17%NEW CHINA LIFE INSURANCE C- 0.16%AMMB HOLDINGS BHD 0.16%SK NETWORKS CO LTD 0.16%BANCO DO BRASIL S.A. 0.16%CHINA RESOURCES POWER HOLDI 0.16%Security% of PortfolioCHICONY ELECTRONICS CO LTD 0.15%CHINA MENGNIU DAIRY CO 0.15%TAIWAN CEMENT 0.15%CREDICORP LTD 0.15%INDOFOOD SUKSES MAKMUR TBK 0.15%AMOREPACIFIC GROUP 0.15%SAMSUNG CARD CO 0.15%BANK PEKAO SA 0.15%LITE-ON TECHNOLOGY CORP 0.15%CHINA RESOURCES CEMENT 0.15%SISTEMA JSFC-REG S SPONS GD 0.15%ANHUI CONCH CEMENT CO LTD-H 0.14%HONG KONG DOLLAR 0.14%SILICONWARE PRECISION INDS 0.14%PKO BANK POLSKI SA 0.14%REALTEK SEMICONDUCTOR CORP 0.14%MEGA FINANCIAL HOLDING CO L 0.13%DOOSAN INFRACORE CO LTD 0.13%FAR EASTONE TELECOMM CO LTD 0.13%ZHUZHOU CSR TIMES ELECTRIC- 0.13%CENTRAIS ELETRICAS BRASILIE 0.13%EMPRESA NACIONAL DE TELECOM 0.12%BEIJING CAPITAL INTL AIRPO- 0.12%YUANTA FINANCIAL HOLDING CO 0.12%OTP BANK PLC 0.12%SHIMAO PROPERTY HOLDINGS LT 0.12%CHINA TAIPING INSURANCE HOL 0.11%FIBRA UNO ADMINISTRACION SA 0.11%BANK OF COMMUNICATIONS CO-H 0.11%ESTACIO PARTICIPACOES SA 0.11%CATHAY FINANCIAL HOLDING CO 0.11%CHINA LIFE INSURANCE CO LTD 0.10%EVA AIRWAYS CORP 0.10%SIME DARBY BERHAD 0.10%EREGLI DEMIR VE CELIK FABRI 0.10%EVERGRANDE REAL ESTATE GROU 0.10%CHINA BLUECHEMICAL LTD - H 0.10%KROTON EDUCACIONAL SA 0.10%LIBERTY HOLDINGS LTD 0.09%UNITED TRACTORS TBK PT 0.09%BBMG CORPORATION-H 0.09%GRUPO BIMBO SAB- SERIES A 0.09%GROWTHPOINT PROPERTIES LTD 0.09%KASIKORNBANK PCL-NVDR 0.09%ALLIANCE FINANCIAL GROUP BH 0.09%TURKIYE IS BANKASI-C 0.08%COUNTRY GARDEN HOLDINGS CO 0.08%BR MALLS PARTICIPACOES SA 0.08%CAP SA 0.08%PTT PCL-NVDR 0.08%SOUTHERN COPPER CORP 0.08%GENOMMA LAB INTERNACIONAL-B 0.08%TINGYI (CAYMAN ISLN) HLDG C 0.08%KINGBOARD CHEMICAL HOLDINGS 0.08%AST Portfolio Holdings13 of 635

AST AQR Emerging Markets Equity Portfolio (continued)Security% of PortfolioMULTIPLUS SA 0.08%NASPERS LTD-N SHS 0.07%FAR EASTERN DEPARTMENT STOR 0.07%BRASKEM SA-PREF A 0.07%SHANGHAI PHARMACEUTICALS-H 0.07%HONG KONG DOLLAR 0.07%LONGFOR PROPERTIES 0.07%TAURON POLSKA ENERGIA SA 0.07%SHANGHAI INDUSTRIAL HLDG LT 0.07%EMLAK KONUT GAYRIMENKUL YAT 0.06%ARCA CONTINENTAL SAB DE CV 0.06%TAIWAN DOLLAR 0.06%REDEFINE PROPERTIES LTD 0.06%BANK HANDLOWY W WARSZAWIE S 0.05%MEDIA NUSANTARA CITRA TBK P 0.05%CHINA COMMUNICATIONS CONST- 0.05%NORTHAM PLATINUM LTD 0.05%DGB FINANCIAL GROUP INC 0.05%CIA DE MINAS BUENAVENTUR-AD 0.05%S FRWD MXP 9/17/2014 0.05%S FRWD MXP 9/17/2014 0.05%GUANGZHOU R&F PROPERTIES - 0.05%MULTIPLAN EMPREENDIMENTOS 0.04%SINO-OCEAN LAND HOLDINGS 0.04%SOHO CHINA LTD 0.04%LIPPO KARAWACI TBK PT 0.04%RUENTEX DEVELOPMENT CO LTD 0.04%TRS BZQ4 INDX FUTURE SWP 0.04%QZQ4S MSCI SING IX ETS 9/03/2014 0.04%RHB CAPITAL BHD 0.04%TURKISH LIRA 0.04%FRANSHION PROPERTIES 0.03%MOL HUNGARIAN OIL AND GAS P 0.03%GLOW ENERGY PCL - NVDR 0.03%CHILEAN PESO 0.03%S FRWD CLP 9/17/2014 0.03%S FRWD CLP 9/17/2014 0.03%MEXICAN PESO 0.03%SOUTH AFRICAN RAN 0.03%DAELIM INDUSTRIAL CO LTD 0.03%S FRWD CLP 9/17/2014 0.03%S FRWD CLP 9/17/2014 0.03%S FRWD CLP 9/17/2014 0.03%S FRWD CLP 9/17/2014 0.03%CHINA AIRLINES LTD 0.02%METALURGICA GERDAU SA-PREF 0.02%KCC CORP 0.02%S FRWD IND 9/17/2014 0.02%S FRWD RUB 9/17/2014 0.02%S FRWD RUB 9/17/2014 0.02%S FRWD RUB 9/17/2014 0.02%S FRWD RUB 9/17/2014 0.02%S FRWD MXP 9/17/2014 0.02%S FRWD MXP 9/17/2014 0.02%Security% of PortfolioS FRWD CLP 9/17/2014 0.02%S FRWD CLP 9/17/2014 0.02%S FRWD RUB 9/17/2014 0.02%S FRWD RUB 9/17/2014 0.02%S FRWD CLP 9/17/2014 0.02%S FRWD CLP 9/17/2014 0.02%S FRWD RUB 9/17/2014 0.01%S FRWD RUB 9/17/2014 0.01%L FRWD BRC 9/17/2014 0.01%L FRWD BRC 9/17/2014 0.01%POLAND ZLOTY 0.01%S FRWD CLP 9/17/2014 0.01%S FRWD CLP 9/17/2014 0.01%S FRWD MXP 9/17/2014 0.01%S FRWD MXP 9/17/2014 0.01%S FRWD RUB 9/17/2014 0.01%S FRWD RUB 9/17/2014 0.01%MALAYSIA RINGGIT 0.01%L FRWD COP 9/17/2014 0.01%L FRWD COP 9/17/2014 0.01%S FRWD RUB 9/17/2014 0.01%S FRWD RUB 9/17/2014 0.01%L FRWD MYR 9/17/2014 0.01%L FRWD MYR 9/17/2014 0.01%HUNGARIAN FORINT 0.01%S FRWD RUB 9/17/2014 0.01%S FRWD RUB 9/17/2014 0.01%TRS HCQ4 INDX FUTURE SWP 0.01%CHINA MOTOR CORP 0.01%L FRWD IDR 9/17/2014 0.01%L FRWD IDR 9/17/2014 0.01%L FRWD BRC 9/17/2014 0.01%L FRWD BRC 9/17/2014 0.01%L FRWD BRC 9/17/2014 0.01%L FRWD BRC 9/17/2014 0.01%L FRWD COP 9/17/2014 0.01%L FRWD COP 9/17/2014 0.01%S FRWD HUF 9/17/2014 0.01%S FRWD HUF 9/17/2014 0.01%S FRWD MXP 9/17/2014 0.01%L FRWD BRC 9/17/2014 0.01%L FRWD BRC 9/17/2014 0.01%S FRWD MXP 9/17/2014 0.01%S FRWD MXP 9/17/2014 0.01%S FRWD MXP 9/17/2014 0.01%S FRWD RUB 9/17/2014 0.01%S FRWD HUF 9/17/2014 0.01%S FRWD HUF 9/17/2014 0.01%BRAZILIAN REAL 0.01%TRS TAQ4 INDX FUTURE SWP 0.01%S FRWD TRL 9/17/2014 0.01%S FRWD TRL 9/17/2014 0.01%S FRWD MXP 9/17/2014 0.01%S FRWD MXP 9/17/2014 0.01%AST Portfolio Holdings14 of 635

AST AQR Emerging Markets Equity Portfolio (continued)Security% of PortfolioL FRWD IDR 9/17/2014 < 0.01%L FRWD IDR 9/17/2014 < 0.01%S FRWD KOR 9/17/2014 < 0.01%S FRWD KOR 9/17/2014 < 0.01%S FRWD CSK 9/17/2014 < 0.01%S FRWD CSK 9/17/2014 < 0.01%MALAYSIAN RINGGIT < 0.01%S FRWD HUF 9/17/2014 < 0.01%S FRWD HUF 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%S FRWD PLZ 9/17/2014 < 0.01%S FRWD PLZ 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%S FRWD PLZ 9/17/2014 < 0.01%S FRWD PLZ 9/17/2014 < 0.01%S FRWD KOR 9/17/2014 < 0.01%S FRWD KOR 9/17/2014 < 0.01%L FRWD COP 9/17/2014 < 0.01%L FRWD COP 9/17/2014 < 0.01%S FRWD RUB 9/17/2014 < 0.01%S FRWD RUB 9/17/2014 < 0.01%INDONESIAN RUPIAH < 0.01%THAILAND BAHT < 0.01%L FRWD COP 9/17/2014 < 0.01%L FRWD COP 9/17/2014 < 0.01%S FRWD HUF 9/17/2014 < 0.01%S FRWD HUF 9/17/2014 < 0.01%S FRWD KOR 9/17/2014 < 0.01%S FRWD KOR 9/17/2014 < 0.01%L FRWD IDR 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%L FRWD COP 9/17/2014 < 0.01%L FRWD COP 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%L FRWD COP 9/17/2014 < 0.01%L FRWD COP 9/17/2014 < 0.01%S FRWD PLZ 9/17/2014 < 0.01%S FRWD PLZ 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%S FRWD CLP 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%Security% of PortfolioS FRWD MXP 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S FRWD HUF 9/17/2014 < 0.01%S FRWD HUF 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%L FRWD COP 9/17/2014 < 0.01%L FRWD COP 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S FRWD KOR 9/17/2014 < 0.01%S FRWD KOR 9/17/2014 < 0.01%S FRWD KOR 9/17/2014 < 0.01%S FRWD KOR 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%S FRWD CSK 9/17/2014 < 0.01%L FRWD COP 9/17/2014 < 0.01%S FRWD CSK 9/17/2014 < 0.01%L FRWD COP 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%AST Portfolio Holdings15 of 635

AST AQR Emerging Markets Equity Portfolio (continued)Security% of PortfolioL FRWD THB 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%L FRWD COP 9/17/2014 < 0.01%L FRWD COP 9/17/2014 < 0.01%S FRWD BRC 9/17/2014 < 0.01%S FRWD BRC 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%KOREAN WON < 0.01%S FRWD IND 9/17/2014 < 0.01%L FRWD PEI 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD PEI 9/17/2014 < 0.01%S FRWD CLP 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD ILS 9/17/2014 < 0.01%S FRWD TWD 9/17/2014 < 0.01%S FRWD TWD 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD PEI 9/17/2014 < 0.01%L FRWD PEI 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD ILS 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%S FRWD TWD 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%S FRWD TWD 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%Security% of PortfolioS FRWD PEI 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S FRWD TWD 9/17/2014 < 0.01%S FRWD TWD 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%L FRWD TWD 9/17/2014 < 0.01%L FRWD TWD 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%S FRWD TWD 9/17/2014 < 0.01%S FRWD TWD 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%THAILAND BAHT < 0.01%JINMAO INVESTMENTS RIGHTS < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%S FRWD PEI 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%AST Portfolio Holdings16 of 635

AST AQR Emerging Markets Equity Portfolio (continued)Security% of PortfolioL FRWD KOR 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%L FRWD IDR 9/17/2014 < 0.01%L FRWD IDR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%S FRWD KOR 9/17/2014 < 0.01%S FRWD KOR 9/17/2014 < 0.01%S FRWD HK 9/17/2014 < 0.01%S FRWD PEI 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%S FRWD PEI 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%SINGAPORE DOLLAR < 0.01%L FRWD RUB 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%Security% of PortfolioS FRWD THB 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%TWQ4 INDEX FUTURE SWAP AUG < 0.01%L FRWD BRC 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD TWD 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L FRWD TWD 9/17/2014 < 0.01%L FRWD TWD 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD IDR 9/17/2014 < 0.01%L FRWD IDR 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%L FRWD PEI 9/17/2014 < 0.01%L FRWD PEI 9/17/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD IDR 9/17/2014 < 0.01%L FRWD IDR 9/17/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%AST Portfolio Holdings17 of 635

AST AQR Emerging Markets Equity Portfolio (continued)Security% of PortfolioL FRWD MXP 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD IDR 9/17/2014 < 0.01%L FRWD IDR 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%S FRWD IDR 9/17/2014 < 0.01%S FRWD IDR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD IDR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD IDR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD IDR 9/17/2014 < 0.01%S FRWD IDR 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%MEXICO PESO < 0.01%S FRWD SGD 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%S FRWD IDR 9/17/2014 < 0.01%S FRWD IDR 9/17/2014 < 0.01%S FRWD KOR 9/17/2014 < 0.01%S FRWD KOR 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%S FRWD PHP 9/17/2014 < 0.01%S FRWD PHP 9/17/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%Security% of PortfolioS FRWD KOR 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%S FRWD KOR 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%S FRWD ILS 9/17/2014 < 0.01%S FRWD ILS 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%S FRWD BRC 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%S FRWD BRC 9/17/2014 < 0.01%S FRWD BRC 9/17/2014 < 0.01%S FRWD BRC 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%S FRWD ILS 9/17/2014 < 0.01%S FRWD ILS 9/17/2014 < 0.01%S FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%S FRWD IDR 9/17/2014 < 0.01%S FRWD IDR 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD PLZ 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%AST Portfolio Holdings18 of 635

AST AQR Emerging Markets Equity Portfolio (continued)Security% of PortfolioS FRWD THB 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD KOR 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%S FRWD IDR 9/17/2014 < 0.01%S FRWD IDR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%L FRWD CLP 9/17/2014 < 0.01%L FRWD CLP 9/17/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%S FRWD PHP 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%S FRWD PHP 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S FRWD ILS 9/17/2014 < 0.01%S FRWD ILS 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%S FRWD PHP 9/17/2014 < 0.01%S FRWD PHP 9/17/2014 < 0.01%S FRWD KOR 9/17/2014 < 0.01%S FRWD KOR 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%L FRWD BRC 9/17/2014 < 0.01%L FRWD CLP 9/17/2014 < 0.01%L FRWD CLP 9/17/2014 < 0.01%S FRWD PHP 9/17/2014 < 0.01%S FRWD PHP 9/17/2014 < 0.01%S FRWD ILS 9/17/2014 -0.01%S FRWD ILS 9/17/2014 -0.01%TURKISH LIRA -0.01%L FRWD RUB 9/17/2014 -0.01%Security% of PortfolioL FRWD RUB 9/17/2014 -0.01%S FRWD TRL 9/17/2014 -0.01%S FRWD TRL 9/17/2014 -0.01%S FRWD PHP 9/17/2014 -0.01%S FRWD PHP 9/17/2014 -0.01%L FRWD PLZ 9/17/2014 -0.01%L FRWD PLZ 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD TRL 9/17/2014 -0.01%L FRWD TRL 9/17/2014 -0.01%L FRWD CSK 9/17/2014 -0.01%L FRWD CSK 9/17/2014 -0.01%S FRWD BRC 9/17/2014 -0.01%S FRWD BRC 9/17/2014 -0.01%L FRWD TRL 9/17/2014 -0.01%L FRWD TRL 9/17/2014 -0.01%S FRWD IDR 9/17/2014 -0.01%S FRWD IDR 9/17/2014 -0.01%L FRWD KOR 9/17/2014 -0.01%L FRWD KOR 9/17/2014 -0.01%L FRWD TRL 9/17/2014 -0.01%L FRWD TRL 9/17/2014 -0.01%SOUTH AFRICA RAND -0.01%S FRWD ILS 9/17/2014 -0.01%S FRWD ILS 9/17/2014 -0.01%S FRWD ILS 9/17/2014 -0.01%S FRWD ILS 9/17/2014 -0.01%S FRWD BRC 9/17/2014 -0.01%S FRWD BRC 9/17/2014 -0.01%L FRWD PLZ 9/17/2014 -0.01%L FRWD PLZ 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%S FRWD SGD 9/17/2014 -0.01%S FRWD SGD 9/17/2014 -0.01%L FRWD PLZ 9/17/2014 -0.01%L FRWD PLZ 9/17/2014 -0.01%S FRWD SGD 9/17/2014 -0.01%S FRWD SGD 9/17/2014 -0.01%L FRWD PLZ 9/17/2014 -0.01%L FRWD PLZ 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD PLZ 9/17/2014 -0.01%L FRWD PLZ 9/17/2014 -0.01%L FRWD TRL 9/17/2014 -0.01%L FRWD TRL 9/17/2014 -0.01%L FRWD RUB 9/17/2014 -0.01%L FRWD RUB 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%AST Portfolio Holdings19 of 635

AST AQR Emerging Markets Equity Portfolio (continued)Security% of PortfolioS FRWD SGD 9/17/2014 -0.01%S FRWD SGD 9/17/2014 -0.01%L FRWD BRC 9/17/2014 -0.01%L FRWD BRC 9/17/2014 -0.01%L FRWD CLP 9/17/2014 -0.01%L FRWD CLP 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD TRL 9/17/2014 -0.01%L FRWD TRL 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD PLZ 9/17/2014 -0.01%L FRWD PLZ 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD RUB 9/17/2014 -0.01%L FRWD RUB 9/17/2014 -0.01%L FRWD MXP 9/17/2014 -0.01%L FRWD MXP 9/17/2014 -0.01%L FRWD CLP 9/17/2014 -0.01%L FRWD CLP 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD IND 9/17/2014 -0.01%L FRWD RUB 9/17/2014 -0.02%L FRWD RUB 9/17/2014 -0.02%TRS FTQ4 INDX FUTURE SWP -0.02%L FRWD RUB 9/17/2014 -0.02%L FRWD RUB 9/17/2014 -0.02%S FRWD SGD 9/17/2014 -0.02%S FRWD SGD 9/17/2014 -0.02%L FRWD HUF 9/17/2014 -0.02%L FRWD HUF 9/17/2014 -0.02%L FRWD RUB 9/17/2014 -0.02%L FRWD RUB 9/17/2014 -0.02%L FRWD HUF 9/17/2014 -0.02%L FRWD HUF 9/17/2014 -0.02%L FRWD HUF 9/17/2014 -0.02%L FRWD HUF 9/17/2014 -0.02%L FRWD HUF 9/17/2014 -0.03%L FRWD HUF 9/17/2014 -0.03%L FRWD RUB 9/17/2014 -0.03%L FRWD RUB 9/17/2014 -0.03%TRS KRSU4 IDX FUTURE SWP -0.03%L FRWD HUF 9/17/2014 -0.03%L FRWD HUF 9/17/2014 -0.03%L FRWD RUB 9/17/2014 -0.04%L FRWD RUB 9/17/2014 -0.04%KOREAN WON -0.12%20 of 635AST Portfolio Holdings

AST AQR Large-Cap PortfolioSecurity% of PortfolioAPPLE INC 3.39%PRUDENTIAL CORE INVESTMENT 2.08%JOHNSON & JOHNSON 1.99%PFIZER INC 1.82%WELLS FARGO & CO 1.51%MICROSOFT CORP 1.45%BERKSHIRE HATHAWAY INC-CL B 1.44%MERCK & CO. INC. 1.35%EXXON MOBIL CORP 1.34%EOG RESOURCES INC 1.33%GOOGLE INC-CL A 1.32%LYONDELLBASELL INDU-CL A 1.24%VERIZON COMMUNICATIONS INC 1.20%ESU4 S&P 500 EMINI FUT 9/24/2014 1.17%ARCHER-DANIELS-MIDLAND CO 1.15%ABBVIE INC 1.13%WESTERN DIGITAL CORP 1.12%INTEL CORP 1.07%MCKESSON CORP 1.03%BANK OF AMERICA CORP 1.02%HESS CORP 1.00%COCA-COLA CO/THE 0.98%MEDTRONIC INC 0.98%BIOGEN IDEC INC 0.97%YAHOO! INC 0.96%GOOGLE INC-CL C 0.92%CHEVRON CORP 0.91%HEWLETT-PACKARD CO 0.89%CVS CAREMARK CORP 0.89%HALLIBURTON CO 0.89%BOSTON SCIENTIFIC CORP 0.89%HUMANA INC 0.88%AT&T INC 0.88%NVIDIA CORP 0.85%KIMBERLY-CLARK CORP 0.84%PHILLIPS 66 0.82%NORTHROP GRUMMAN CORP 0.81%BAKER HUGHES INC 0.81%WELLPOINT INC 0.81%PPG INDUSTRIES INC 0.79%CELGENE CORP 0.78%AMERIPRISE FINANCIAL INC 0.76%WALT DISNEY CO/THE 0.74%GAMESTOP CORP-CLASS A 0.73%MARATHON OIL CORP 0.73%KEYCORP 0.73%TE CONNECTIVITY LTD 0.73%GENERAL ELECTRIC CO 0.72%PNC FINANCIAL SERVICES GROU 0.72%CARDINAL HEALTH INC 0.68%BROADCOM CORP-CL A 0.67%JPMORGAN CHASE & CO 0.66%CONOCOPHILLIPS 0.66%INGERSOLL-RAND PLC 0.65%Security% of PortfolioCISCO SYSTEMS INC 0.65%CAREFUSION CORP 0.64%DTE ENERGY COMPANY 0.64%PEPSICO INC 0.62%COMERICA INC 0.61%AON PLC 0.60%DISCOVER FINANCIAL SERVICES 0.60%FIDELITY NATIONAL INFORMATI 0.60%DELPHI AUTOMOTIVE PLC 0.59%AMERICAN ELECTRIC POWER 0.58%PARKER HANNIFIN CORP 0.55%NEWFIELD EXPLORATION CO 0.55%DR PEPPER SNAPPLE GROUP INC 0.55%3M CO 0.55%COMPUTER SCIENCES CORP 0.54%MASTERCARD INC-CLASS A 0.54%EDISON INTERNATIONAL 0.53%AMGEN INC 0.52%CIGNA CORP 0.51%BOEING CO/THE 0.50%NETAPP INC 0.50%RAYTHEON COMPANY 0.50%PUBLIC SERVICE ENTERPRISE G 0.49%PROCTER & GAMBLE CO/THE 0.49%ELI LILLY & CO 0.49%QUALCOMM INC 0.48%LAM RESEARCH CORP 0.47%ALLSTATE CORP 0.47%PRICELINE GROUP INC/THE 0.47%BED BATH & BEYOND INC 0.47%SOUTHWESTERN ENERGY CO 0.46%UNUM GROUP 0.46%APACHE CORP 0.46%UNITED STATES STEEL CORP 0.45%UNITEDHEALTH GROUP INC 0.43%MACY'S INC 0.43%INTL BUSINESS MACHINES CORP 0.42%DUN & BRADSTREET CORP 0.42%ORACLE CORP 0.41%CITRIX SYSTEMS INC 0.40%TYSON FOODS INC-CL A 0.39%ZIMMER HOLDINGS INC 0.39%HERSHEY CO/THE 0.38%DANAHER CORP 0.38%MONDELEZ INTERNATIONAL INC- 0.37%SIMON PROPERTY GROUP INC 0.37%AVERY DENNISON CORP 0.37%CHIPOTLE MEXICAN GRILL INC 0.37%ABBOTT LABORATORIES 0.37%CORNING INC 0.36%JM SMUCKER CO/THE 0.36%TRAVELERS COS INC/THE 0.35%BLACKROCK INC 0.35%DOLLAR GENERAL CORP 0.35%AST Portfolio Holdings21 of 635

AST AQR Large-Cap Portfolio (continued)Security% of PortfolioTIME WARNER CABLE 0.34%VALERO ENERGY CORP 0.34%BEST BUY CO INC 0.34%MARATHON PETROLEUM CORP 0.33%DOLLAR TREE INC 0.33%UNITED TECHNOLOGIES CORP 0.32%UNION PACIFIC CORP 0.32%OMNICOM GROUP 0.31%XILINX INC 0.30%HONEYWELL INTERNATIONAL INC 0.30%BALL CORP 0.30%ALLERGAN INC 0.29%EMERSON ELECTRIC CO 0.29%FLIR SYSTEMS INC 0.28%M & T BANK CORP 0.28%FOSSIL GROUP INC 0.28%NATIONAL OILWELL VARCO INC 0.27%GENERAL DYNAMICS CORP 0.27%COMCAST CORP-CLASS A 0.27%FORD MOTOR CO 0.27%CUMMINS INC 0.27%JUNIPER NETWORKS INC 0.27%OCCIDENTAL PETROLEUM CORP 0.26%GAP INC/THE 0.26%CAPITAL ONE FINANCIAL CORP 0.25%NABORS INDUSTRIES LTD 0.25%DOW CHEMICAL CO/THE 0.24%OWENS-ILLINOIS INC 0.23%KOHLS CORP 0.23%HOME DEPOT INC 0.23%LOCKHEED MARTIN CORP 0.23%CA INC 0.22%HARRIS CORP 0.21%AETNA INC 0.21%ASSURANT INC 0.20%WYNDHAM WORLDWIDE CORP 0.20%KLA-TENCOR CORPORATION 0.20%ENTERGY CORP 0.19%GRAHAM HOLDINGS CO-CLASS B 0.19%AMEREN CORPORATION 0.18%MICRON TECHNOLOGY INC 0.18%AMERICAN TOWER CORP 0.18%CROWN CASTLE INT 0.18%WAL-MART STORES INC 0.18%INTL FLAVORS & FRAGRANCES 0.17%PUBLIC STORAGE 0.17%PINNACLE WEST CAPITAL 0.17%EQUITY RESIDENTIAL 0.16%UNITED PARCEL SERVICE-CL B 0.16%HORMEL FOODS CORP 0.15%DIRECTV 0.15%HEALTH CARE REIT INC 0.15%LINCOLN NATIONAL CORP 0.15%PROLOGIS INC 0.14%Security% of PortfolioAVALONBAY COMMUNITIES INC 0.14%SNAP-ON INC 0.14%CITIGROUP INC 0.14%AGILENT TECHNOLOGIES INC 0.13%ANADARKO PETROLEUM CORP 0.13%HCP INC 0.13%JOHNSON CONTROLS INC 0.13%VENTAS INC 0.13%FISERV INC 0.13%XEROX CORP 0.13%SCHLUMBERGER LTD 0.13%EBAY INC 0.13%SCRIPPS NETWORKS INTER-CL A 0.13%FEDEX CORP 0.13%ALEXION PHARMACEUTICALS INC 0.13%CHUBB CORP 0.12%NEWELL RUBBERMAID INC 0.11%GILEAD SCIENCES INC 0.11%EXPEDIA INC 0.11%SYMANTEC CORP 0.10%HUNTINGTON BANCSHARES INC 0.10%FREEPORT-MCMORAN INC 0.10%BRISTOL-MYERS SQUIBB CO 0.10%CENTERPOINT ENERGY INC 0.10%METLIFE INC 0.10%AMERICAN EXPRESS CO 0.10%HARTFORD FINANCIAL SVCS GRP 0.10%ALTRIA GROUP INC 0.09%SEMPRA ENERGY 0.09%MURPHY OIL CORP 0.09%MCDONALD'S CORP 0.09%NAVIENT CORP 0.09%BOSTON PROPERTIES INC 0.09%ANALOG DEVICES INC 0.09%WEYERHAEUSER CO 0.08%DUKE ENERGY CORP 0.08%AKAMAI TECHNOLOGIES INC 0.07%LOEWS CORP 0.06%INTERPUBLIC GROUP OF COS IN 0.06%ST JUDE MEDICAL INC 0.06%MOODY'S CORP 0.05%COLGATE-PALMOLIVE CO 0.04%ACE LTD 0.04%INTUIT INC 0.03%AES CORP 0.01%AST Portfolio Holdings22 of 635

AST AQR Large-Cap PortfolioSecurity% of PortfolioAPPLE INC 3.39%PRUDENTIAL CORE INVESTMENT 2.08%JOHNSON & JOHNSON 1.99%PFIZER INC 1.82%WELLS FARGO & CO 1.51%MICROSOFT CORP 1.45%BERKSHIRE HATHAWAY INC-CL B 1.44%MERCK & CO. INC. 1.35%EXXON MOBIL CORP 1.34%EOG RESOURCES INC 1.33%GOOGLE INC-CL A 1.32%LYONDELLBASELL INDU-CL A 1.24%VERIZON COMMUNICATIONS INC 1.20%ESU4 S&P 500 EMINI FUT 9/24/2014 1.17%ARCHER-DANIELS-MIDLAND CO 1.15%ABBVIE INC 1.13%WESTERN DIGITAL CORP 1.12%INTEL CORP 1.07%MCKESSON CORP 1.03%BANK OF AMERICA CORP 1.02%HESS CORP 1.00%COCA-COLA CO/THE 0.98%MEDTRONIC INC 0.98%BIOGEN IDEC INC 0.97%YAHOO! INC 0.96%GOOGLE INC-CL C 0.92%CHEVRON CORP 0.91%HEWLETT-PACKARD CO 0.89%CVS CAREMARK CORP 0.89%HALLIBURTON CO 0.89%BOSTON SCIENTIFIC CORP 0.89%HUMANA INC 0.88%AT&T INC 0.88%NVIDIA CORP 0.85%KIMBERLY-CLARK CORP 0.84%PHILLIPS 66 0.82%NORTHROP GRUMMAN CORP 0.81%BAKER HUGHES INC 0.81%WELLPOINT INC 0.81%PPG INDUSTRIES INC 0.79%CELGENE CORP 0.78%AMERIPRISE FINANCIAL INC 0.76%WALT DISNEY CO/THE 0.74%GAMESTOP CORP-CLASS A 0.73%MARATHON OIL CORP 0.73%KEYCORP 0.73%TE CONNECTIVITY LTD 0.73%GENERAL ELECTRIC CO 0.72%PNC FINANCIAL SERVICES GROU 0.72%CARDINAL HEALTH INC 0.68%BROADCOM CORP-CL A 0.67%JPMORGAN CHASE & CO 0.66%CONOCOPHILLIPS 0.66%INGERSOLL-RAND PLC 0.65%Security% of PortfolioCISCO SYSTEMS INC 0.65%CAREFUSION CORP 0.64%DTE ENERGY COMPANY 0.64%PEPSICO INC 0.62%COMERICA INC 0.61%AON PLC 0.60%DISCOVER FINANCIAL SERVICES 0.60%FIDELITY NATIONAL INFORMATI 0.60%DELPHI AUTOMOTIVE PLC 0.59%AMERICAN ELECTRIC POWER 0.58%PARKER HANNIFIN CORP 0.55%NEWFIELD EXPLORATION CO 0.55%DR PEPPER SNAPPLE GROUP INC 0.55%3M CO 0.55%COMPUTER SCIENCES CORP 0.54%MASTERCARD INC-CLASS A 0.54%EDISON INTERNATIONAL 0.53%AMGEN INC 0.52%CIGNA CORP 0.51%BOEING CO/THE 0.50%NETAPP INC 0.50%RAYTHEON COMPANY 0.50%PUBLIC SERVICE ENTERPRISE G 0.49%PROCTER & GAMBLE CO/THE 0.49%ELI LILLY & CO 0.49%QUALCOMM INC 0.48%LAM RESEARCH CORP 0.47%ALLSTATE CORP 0.47%PRICELINE GROUP INC/THE 0.47%BED BATH & BEYOND INC 0.47%SOUTHWESTERN ENERGY CO 0.46%UNUM GROUP 0.46%APACHE CORP 0.46%UNITED STATES STEEL CORP 0.45%UNITEDHEALTH GROUP INC 0.43%MACY'S INC 0.43%INTL BUSINESS MACHINES CORP 0.42%DUN & BRADSTREET CORP 0.42%ORACLE CORP 0.41%CITRIX SYSTEMS INC 0.40%TYSON FOODS INC-CL A 0.39%ZIMMER HOLDINGS INC 0.39%HERSHEY CO/THE 0.38%DANAHER CORP 0.38%MONDELEZ INTERNATIONAL INC- 0.37%SIMON PROPERTY GROUP INC 0.37%AVERY DENNISON CORP 0.37%CHIPOTLE MEXICAN GRILL INC 0.37%ABBOTT LABORATORIES 0.37%CORNING INC 0.36%JM SMUCKER CO/THE 0.36%TRAVELERS COS INC/THE 0.35%BLACKROCK INC 0.35%DOLLAR GENERAL CORP 0.35%AST Portfolio Holdings23 of 635

AST AQR Large-Cap Portfolio (continued)Security% of PortfolioTIME WARNER CABLE 0.34%VALERO ENERGY CORP 0.34%BEST BUY CO INC 0.34%MARATHON PETROLEUM CORP 0.33%DOLLAR TREE INC 0.33%UNITED TECHNOLOGIES CORP 0.32%UNION PACIFIC CORP 0.32%OMNICOM GROUP 0.31%XILINX INC 0.30%HONEYWELL INTERNATIONAL INC 0.30%BALL CORP 0.30%ALLERGAN INC 0.29%EMERSON ELECTRIC CO 0.29%FLIR SYSTEMS INC 0.28%M & T BANK CORP 0.28%FOSSIL GROUP INC 0.28%NATIONAL OILWELL VARCO INC 0.27%GENERAL DYNAMICS CORP 0.27%COMCAST CORP-CLASS A 0.27%FORD MOTOR CO 0.27%CUMMINS INC 0.27%JUNIPER NETWORKS INC 0.27%OCCIDENTAL PETROLEUM CORP 0.26%GAP INC/THE 0.26%CAPITAL ONE FINANCIAL CORP 0.25%NABORS INDUSTRIES LTD 0.25%DOW CHEMICAL CO/THE 0.24%OWENS-ILLINOIS INC 0.23%KOHLS CORP 0.23%HOME DEPOT INC 0.23%LOCKHEED MARTIN CORP 0.23%CA INC 0.22%HARRIS CORP 0.21%AETNA INC 0.21%ASSURANT INC 0.20%WYNDHAM WORLDWIDE CORP 0.20%KLA-TENCOR CORPORATION 0.20%ENTERGY CORP 0.19%GRAHAM HOLDINGS CO-CLASS B 0.19%AMEREN CORPORATION 0.18%MICRON TECHNOLOGY INC 0.18%AMERICAN TOWER CORP 0.18%CROWN CASTLE INT 0.18%WAL-MART STORES INC 0.18%INTL FLAVORS & FRAGRANCES 0.17%PUBLIC STORAGE 0.17%PINNACLE WEST CAPITAL 0.17%EQUITY RESIDENTIAL 0.16%UNITED PARCEL SERVICE-CL B 0.16%HORMEL FOODS CORP 0.15%DIRECTV 0.15%HEALTH CARE REIT INC 0.15%LINCOLN NATIONAL CORP 0.15%PROLOGIS INC 0.14%Security% of PortfolioAVALONBAY COMMUNITIES INC 0.14%SNAP-ON INC 0.14%CITIGROUP INC 0.14%AGILENT TECHNOLOGIES INC 0.13%ANADARKO PETROLEUM CORP 0.13%HCP INC 0.13%JOHNSON CONTROLS INC 0.13%VENTAS INC 0.13%FISERV INC 0.13%XEROX CORP 0.13%SCHLUMBERGER LTD 0.13%EBAY INC 0.13%SCRIPPS NETWORKS INTER-CL A 0.13%FEDEX CORP 0.13%ALEXION PHARMACEUTICALS INC 0.13%CHUBB CORP 0.12%NEWELL RUBBERMAID INC 0.11%GILEAD SCIENCES INC 0.11%EXPEDIA INC 0.11%SYMANTEC CORP 0.10%HUNTINGTON BANCSHARES INC 0.10%FREEPORT-MCMORAN INC 0.10%BRISTOL-MYERS SQUIBB CO 0.10%CENTERPOINT ENERGY INC 0.10%METLIFE INC 0.10%AMERICAN EXPRESS CO 0.10%HARTFORD FINANCIAL SVCS GRP 0.10%ALTRIA GROUP INC 0.09%SEMPRA ENERGY 0.09%MURPHY OIL CORP 0.09%MCDONALD'S CORP 0.09%NAVIENT CORP 0.09%BOSTON PROPERTIES INC 0.09%ANALOG DEVICES INC 0.09%WEYERHAEUSER CO 0.08%DUKE ENERGY CORP 0.08%AKAMAI TECHNOLOGIES INC 0.07%LOEWS CORP 0.06%INTERPUBLIC GROUP OF COS IN 0.06%ST JUDE MEDICAL INC 0.06%MOODY'S CORP 0.05%COLGATE-PALMOLIVE CO 0.04%ACE LTD 0.04%INTUIT INC 0.03%AES CORP 0.01%AST Portfolio Holdings24 of 635

AST Academic Strategies Asset Allocation PortfolioSecurity% of Portfolio(PD40) INT'L VALUE PORTFOLI 7.87%PRUDENTIAL CORE INVESTMENT 7.85%(PDBL) GLOBAL REAL ESTATE P 7.55%(PD50) INT'L GROWTH PORTFOL 5.57%(PD20) HIGH YIELD BOND PORT 5.12%(3035) COHEN & STEERS REALT 4.56%(PDBX) AQR EMERGING MARKETS 3.18%(PDAU) QMA US EQUITY ALPHA 3.11%(PDBM) PARAMETRIC EMERGING 2.77%SPU4 S&P 500 FUTURE 9/24/2014 2.43%(PDZ0) NB/LSV MID-CAP VALUE 2.30%(PDW0) MID-CAP VALUE PORTFO 2.28%(PDBY) QMA EMERGING MARKETS 2.04%(30A0) SMALL CAP VALUE PORT 1.98%(296655) PRU CORE BOND PORT 1.76%(PDBD) WESTERN ASSET CORE P 1.27%(3036) GS SMALL-CAP VALUE 1.16%(PDAT) NEUBERGER MID-CAP GR 1.15%(3094) GS MID-CAP GROWTH 1.14%ISHARES MSCI EAFE ETF 1.10%FAU4 S&P MID 400 EMINI 9/24/2014 1.03%(PDBW) CLEARBRIDGE DIVIDEND 1.02%(PDBP) PIMCO TOTAL RETURN B 1.00%(PDBT) GS LARGE CAP VALUE 0.80%(300F) T.ROWE PRICE EQUITYI 0.80%TYU4 US 10YR NOTE (CBT) 10/05/2014 0.77%US TBILL .055% 1/08/2015 0.73%(PDBJ) LOOMIS SAYLES LARGE 0.71%US TBILL .05% 11/28/2014 0.70%(3044) MFS GROWTH PORTFOLIO 0.61%(PDML) HERNDON LARGE CAP VA 0.60%(PDX0) LARGE CAP VALUE PORT 0.60%(296113) JENNISON LARGE-CAP 0.60%(PDBV) MFS LARGE-CAP VALUE 0.59%VGU4 EURO STOXX 50 9/23/2014 0.53%TSY INFL IX N/B 7/15/2022 0.49%INDEX SWAP (DJUBSTR) INDEX 0.45%ISHARES MSCI EMERGING MARKE 0.44%(PDVZ) GS STRATEGIC INCOME 0.40%TPU4 TOPIX INDX FUTR 9/17/2014 0.37%(PDBS) LORD ABBETT CORE FIX 0.36%VENEZUELA 10/13/2019 0.32%(296111) JENNISON LARGE-CAP 0.32%(PDBK) TROWE LARGE CAP GROW 0.31%(3018) TROWE NATURAL RESOUR 0.30%RTAU4 RUSSELL 2000 MINI 9/19/2014 0.30%US TBILL .055% 1/08/2015 0.29%INDEX SWAP (NDDUEAFE) USDLI 0.29%SPDR DOW JONES REIT ETF 0.29%TARGA RESOURCES CORP 0.29%(PD90) SMALL-CAP GROWTH 0.28%US T-BILL 0.024990% 9/18/2014 0.28%TSY INFL IX N/B 7/15/2020 0.27%ISHARES GLOBAL 100 ETF 0.26%Security% of PortfolioTSY INFL IX N/B 1/15/2025 0.23%ATLANTIA SPA 0.22%(PDBQ) AST NB CORE FIXED IN 0.22%PIMCO-UNC BD-INS 0.22%RUSSIAN FED 7.250% 3/31/2030 0.21%TSY INFL IX N/B 4/15/2016 0.20%EATON VAN-G MA-I 0.20%TSY INFL IX N/B 7/15/2023 0.20%(PD80) FEDERATED AGGRESSIVE 0.19%GROUPE EUROTUNNEL SA - REGR 0.18%GABELLI-ABC-ADVI 0.17%TSY INFL IX N/B 1/15/2023 0.17%BLACK-GL L/S-I 0.17%NRG YIELD INC-CLASS A 0.17%ABERTIS INFRAESTRUCTURAS SA 0.16%SEMGROUP CORP-CLASS A 0.16%TSY INFL IX N/B 4/15/2028 0.15%INDONESIA (REP) 1/17/2042 0.15%FVU4 US 5YR NOTE (CBT) 10/08/2014 0.15%NIPPON PROLOGIS REIT INC 0.15%WILLIAMS COS INC 0.15%AQR M/S STRAT-I 0.15%HUADIAN FUXIN ENERGY CORP - 0.15%EQT MIDSTREAM PARTNERS LP 0.14%TSY INFL IX N/B 1/15/2027 0.14%REPUBLIC OF PERU 3/14/2037 0.14%CANADIAN PACIFIC RAILWAY LT 0.14%PHILLIPS 66 PARTNERS LP 0.14%MPLX LP 0.14%ASCIANO LTD 0.14%ISHARES US REAL ESTATE ETF 0.14%SBA COMMUNICATIONS CORP-CL 0.13%TSY INFL IX N/B 4/15/2029 0.13%ENERGY TRANSFER EQUITY LP 0.13%ISHARES JP MORGAN USD EMERG 0.13%ONEOK INC 0.13%SPDR BARCLAYS HIGH YIELD BD 0.13%TOUCHSTONE-MER-I 0.13%CALAMOS-M NE I-I 0.13%BUNDESOBL-I/L 4/15/2018 0.13%BRAZIL NTN-F 1/01/2017 0.12%MFSU4 MINI ESCI EAFE 9/24/2014 0.12%ISHARES IBOXX HIGH YIELD CO 0.12%REP OF POLAND 3/23/2022 0.11%FERROVIAL SA 0.11%WESTERN ASSET-IN 0.11%CHINA LONGYUAN POWER GROUP- 0.11%VENEZUELA 9/15/2027 0.11%GXU4 DAX INDEX FUTURE 9/24/2014 0.11%DRAX GROUP PLC 0.11%CHENIERE ENERGY INC 0.11%TSY INFL IX N/B 1/15/2029 0.10%KOREA ELEC POWER CORP-SP AD 0.10%WESTERN GAS EQUITY PARTNERS 0.10%AST Portfolio Holdings25 of 635

AST Academic Strategies Asset Allocation Portfolio (continued)Security% of PortfolioPETROLEOS MEXICA 6/02/2041 0.10%TUH4 US 2YR NOTE (CBT) 10/15/2014 0.10%VEOLIA ENVIRONNEMENT 0.10%PLAINS GP HOLDINGS LP-CL A 0.10%GENESEE & WYOMING INC-CL A 0.09%SEMPRA ENERGY 0.09%MEXICAN BONOS 6/09/2022 0.09%CHINA CNR CORP LTD-H 0.09%HUNGARY 11/22/2023 0.09%INDONESIA (REP) 1/15/2024 0.09%UNION PACIFIC CORP 0.09%SUEZ ENVIRONNEMENT CO 0.09%TSY INFL IX N/B 2/15/2044 0.09%TSY INFL IX N/B 1/15/2020 0.09%TURKEY REP OF 5/30/2040 0.09%EDISON INTERNATIONAL 0.09%TURKEY REP OF 7/14/2017 0.09%VALE OVERSEAS 11/21/2036 0.09%AMERICAN TOWER CORP 0.09%TSY INFL IX N/B 7/15/2017 0.09%TURKEY REP OF 9/26/2022 0.08%FLUGHAFEN ZUERICH AG-REG 0.08%ABENGOA YIELD PLC 0.08%ENEL SPA 0.08%DIAMOND-LO/SH-I 0.08%CHENIERE ENERGY PARTNERS LP 0.08%FORUM-AB STRAT-I 0.08%EAST JAPAN RAILWAY CO 0.08%FRAPORT AG FRANKFURT AIRPOR 0.08%THIRD AVE-FO-INS 0.08%PROMOTORA Y OPERADORA DE IN 0.08%KIRBY CORP 0.07%ALTAGAS LTD 0.07%AMERICAN WATER WORKS CO INC 0.07%DOMINION RESOURCES INC/VA 0.07%TRANSURBAN GROUP 0.07%TSY INFL IX N/B 1/15/2028 0.07%CALPINE CORP 0.07%MEXICAN BONOS 11/13/2042 0.07%NRG ENERGY INC 0.07%NISOURCE INC 0.07%ITC HOLDINGS CORP 0.07%NATIONAL GRID PLC-SP ADR 0.07%KAZMUNAYGAS NAT 5/05/2020 0.07%EXELON CORP 0.07%ENBRIDGE INC 0.07%SECURE ENERGY SERVICES INC 0.06%MERIDIAN ENER-PARTLY PAID S 0.06%CHARTER COMMUNICATION-A 0.06%ARGNT BODEN 10/03/2015 0.06%INDONESIA (REP) 4/25/2022 0.06%VERESEN INC 0.06%SOUTHERN COPPER 4/16/2040 0.06%NEXTERA ENERGY INC 0.06%Security% of PortfolioPETROLEOS MEXICA 1/24/2022 0.06%BEIJING ENTERPRISES WATER G 0.06%LIBERTY GLOBAL-C 0.06%TSY INFL IX N/B 4/15/2015 0.06%LITHUANIA 3/09/2021 0.06%WI TREASURY SEC. 7/15/2024 0.06%COLOMBIA REP OF 2/26/2024 0.06%SUNEDISON INC 0.06%AUCKLAND INTL AIRPORT LTD 0.06%TSY INFL IX N/B TP19 1/15/2016 0.06%AXTEL SAB 1/31/2020 0.05%PETROLEOS MEXICA 1/23/2045 0.05%VIMPELCOM HLDGS 3/01/2022 0.05%ENLINK MIDSTREAM LLC 0.05%CEMEX FINANCE 10/12/2022 0.05%UNITED MEXICAN 1/11/2040 0.05%REPUBLIC OF PERU 11/18/2050 0.05%TURKEY REP OF 3/23/2023 0.05%EDP-ENERGIAS DE PORTUGAL SA 0.05%CODELCO INC 7/17/2022 0.05%TIP-SPECTRUM-INS 0.05%ODEBRECHT FINANC 6/27/2029 0.05%COLOMBIA REP OF 1/18/2041 0.05%HIGH-LONG/SHRT-Z 0.05%PACIFIC RUBIALES 3/28/2023 0.05%BRAZIL NTN-F 1/01/2021 0.04%JIANGSU EXPRESS CO LTD-H 0.04%MEXICAN BONOS 11/18/2038 0.04%TEEKAY CORP 0.04%CBPU4S USD IRS 30YR PRIM 9/22/2014 0.04%BRAZIL-LTN 1/01/2017 0.04%SPOTLESS GROUP HOLDINGS LTD 0.04%PETROLEOS MEXICA 1/18/2024 0.04%EMPRESAS ICA SOC 5/29/2024 0.04%COLOMBIA REP OF 2/26/2044 0.04%SPANISH GOV'T 1/31/2023 0.04%SHENZHEN EXPRESSWAY CO-H 0.04%LUKOIL INTL FIN 6/07/2022 0.04%REP OF SRI LANKA 1/14/2019 0.04%CEMEX SAB 1/11/2018 0.04%RUSSIA-EUROBOND 4/04/2042 0.04%S FRWD SEK 9/17/2014 0.04%TSY INFL IX N/B 2/15/2043 0.04%VEDANTA RESOURCE 1/31/2019 0.04%UNITED MEXICAN 1/21/2045 0.03%PERTAMINA 5/03/2042 0.03%PACIFIC RUBIALES 12/12/2021 0.03%BTPS I/L 9/15/2024 0.03%CROATIA 4/04/2023 0.03%EVRAZ GROUP SA 4/22/2020 0.03%EDC FINANCE LTD 4/17/2020 0.03%ALPEK SA DE CV 11/20/2022 0.03%AT&T INC 3/30/2017 0.03%CITIGROUP INC 5/01/2017 0.03%AST Portfolio Holdings26 of 635

AST Academic Strategies Asset Allocation Portfolio (continued)Security% of PortfolioBANCO BILBAO NY 10/23/2015 0.03%CHINA CONTRUCTION CD 4/16/2015 0.03%CROATIA 4/04/2023 0.03%BELLSOUTH CORP 4/26/2021 0.03%RABOBANK NED NY 4/28/2017 0.03%CSN RESOURCES 7/21/2020 0.03%SAMARCO MINERACA 11/01/2022 0.03%IVORY COAST-PDI 7/23/2024 0.03%DOLPHIN ENERGY 12/15/2021 0.03%AFREN PLC 12/09/2020 0.03%PETROTRIN 8/14/2019 0.03%ALUPAR INVESTIMENTO SA-UNIT 0.03%PUMA INTL FIN 2/01/2021 0.03%TNK-BP FINANCE 3/13/2018 0.03%OFFSHORE DRILLIN 9/20/2020 0.03%TSY INFL IX N/B 4/15/2019 0.03%UKRAINE GOVT 11/28/2022 0.03%TRNSPRTA DE GAS 3/20/2022 0.03%RELIANCE HDG USA 2/14/2022 0.02%TRANSPORT GAS PE 4/30/2028 0.02%INVERSIONES CMPC 4/25/2022 0.02%REP OF PAKISTAN 4/15/2019 0.02%REPUBLIC OF ECUADOR 6/20/2024 0.02%RUSSIA-EUROBOND 9/16/2023 0.02%COLOMBIA REP OF 7/12/2021 0.02%RABOBANK 9/10/2015 0.02%OFFICE CHERIFIEN 4/25/2024 0.02%VALE OVERSEAS 1/11/2022 0.02%PETROBRAS INTL 1/27/2041 0.02%TURKEY REP OF 4/16/2043 0.02%CITIBANK OMNI MASTER TRUST 8/15/2018 0.02%VIRGOLINO DE OLI 1/13/2020 0.02%ANDRADE GUT INT 4/30/2018 0.02%GABONESE REPUB 12/12/2024 0.02%PERUSAHAAN LISTR 11/22/2021 0.02%PACIFIC RUBIALES 1/26/2019 0.02%BNP PARIBAS 11/07/2015 0.02%COLBUN SA 1/21/2020 0.02%KENYA REP OF 6/24/2019 0.02%UKRAINE GOVT 11/14/2017 0.02%COSTA RICA 4/04/2044 0.02%SPANISH GOV'T 4/30/2024 0.02%UNITED MEXICAN 3/08/2044 0.02%JPMORGAN CHASE 4/25/2018 0.02%INDOSAT PALAPA 7/29/2020 0.02%PETROLEOS MEXICA 6/27/2044 0.02%WESTLAKE CHEMICAL PARTNERS 0.02%MARFRIG OVERSEAS 5/04/2020 0.02%MEXICAN BPA 1/04/2018 0.02%MEXICHEM SAB 9/19/2022 0.02%AMERICA MOVIL SA 7/16/2022 0.02%ANGLOGOLD HOLDS 7/30/2020 0.02%PETROBRAS 3/17/2024 0.02%VEDANTA RESOURCE 7/18/2018 0.02%Security% of PortfolioTURK TELEKOM 6/19/2024 0.02%CAJA MADRID 12/14/2015 0.02%CNOOC CURTIS FUN 10/03/2023 0.02%S FRWD SEK 9/17/2014 0.02%EVRAZ GROUP SA 4/27/2018 0.02%OAS FINANCIAL 7/02/2021 0.02%CENT ELET BRASIL 10/27/2021 0.02%MEXICAN BPA 1/30/2020 0.02%PERTAMINA 5/20/2023 0.02%PACIFIC RUBIALES 1/26/2019 0.02%VEDANTA RESOURCE 7/18/2018 0.02%PETROBRAS INTL 1/27/2021 0.02%FRANCE O.A.T.I/L 7/25/2018 0.01%HUNGARY 3/25/2019 0.01%GEOPARK LAT AM C 2/11/2020 0.01%PETRONAS CAP LTD 8/12/2019 0.01%CEMENTOS PACASMA 2/08/2023 0.01%BRF SA 5/22/2024 0.01%ARCOS DORADOS HL 9/27/2023 0.01%URUGUAY 6/18/2050 0.01%VEDANTA RESOURCE 6/07/2016 0.01%MARFRIG HLDG EUR 5/09/2018 0.01%MIH BV 7/18/2020 0.01%CELULOSA ARAUCO 1/11/2022 0.01%FREDDIE MAC 10/02/2019 0.01%ALICORP SAA 3/20/2023 0.01%ONEMAIN FINANCIAL ISSUANCE 9/18/2024 0.01%SIBUR SEC LTD 1/31/2018 0.01%JONES LANG LASALLE INC 0.01%BIOGEN IDEC INC 0.01%CREDIT SUISSE MORTGAGE TRUS 9/18/2039 0.01%S FRWD CHF 9/17/2014 0.01%AES GENER SA 8/15/2021 0.01%FACEBOOK INC-A 0.01%JBS INVESTMENTS 4/03/2024 0.01%CROATIA 7/14/2020 0.01%ENTEL CHILE SA 10/30/2024 0.01%FRANCE O.A.T.I/L 7/25/2021 0.01%REARDEN G HLDGS 3/30/2020 0.01%CERNER CORP 0.01%CARTER'S INC 0.01%OLD DOMINION FREIGHT LINE 0.01%GTL TRADE FIN 4/16/2044 0.01%OLEODUCTO CENTRA 5/07/2021 0.01%AMERCO 0.01%BPCE 11/18/2016 0.01%ALLY FINANCIAL INC 1/30/2017 0.01%FOOT LOCKER INC 0.01%HYPERMARCAS SA 4/20/2021 0.01%WESTLAKE CHEMICAL CORP 0.01%SMITH (A.O.) CORP 0.01%HEALTH NET INC 0.01%SEVERSTAL OAO 3/19/2018 0.01%ALEXION PHARMACEUTICALS INC 0.01%AST Portfolio Holdings27 of 635

AST Academic Strategies Asset Allocation Portfolio (continued)Security% of PortfolioSM ENERGY CO 0.01%STATE GRID OSEAS 5/22/2023 0.01%BEST BUY CO INC 0.01%INTEGRATED DEVICE TECH INC 0.01%OASCBZ 8.25 10/19/2019 0.01%TURK TELEKOM 6/19/2019 0.01%TSY INFL IX N/B 4/15/2017 0.01%BANCO BILBAO NY 5/16/2016 0.01%QUALCOMM INC 0.01%CHESAPEAKE ENERGY CORP 0.01%THOR INDUSTRIES INC 0.01%ROMANIA 1/22/2024 0.01%MICHAEL KORS HOLDINGS LTD 0.01%EQT CORP 0.01%BAKER HUGHES INC 0.01%VIMPELCOM 2/02/2016 0.01%AMERICAN FINANCIAL GROUP IN 0.01%(3019) PIMCO LIMITED MATURI 0.01%S FRWD CHF 9/17/2014 0.01%BTPS I/L 9/15/2018 0.01%CODELCO INC 7/17/2022 0.01%TSY INFL IX N/B 1/15/2026 0.01%TURKEY REP OF 3/22/2024 0.01%ITAU UNIBANCO 6/04/2015 0.01%EXPRESS SCRIPTS HOLDING CO 0.01%MARFRIG HLDG EUR 6/24/2019 0.01%PHARMACYCLICS INC 0.01%INVERSIONES CMPC 5/15/2023 0.01%OSHKOSH CORP 0.01%KLABIN FINANCE S 7/16/2024 0.01%INGRAM MICRO INC-CL A 0.01%GRANITE MORTGAGES PLC. 1/20/2044 0.01%DXP ENTERPRISES INC 0.01%ECOPETROL SA 5/28/2045 0.01%REP OF NIGERIA 7/12/2023 0.01%OAO TMK 4/03/2020 0.01%HUNTINGTON INGALLS INDUSTRI 0.01%HOSPITALITY PROPERTIES TRUS 0.01%NELNET INC-CL A 0.01%VORNADO DP LLC 9/13/2028 0.01%INTL FLAVORS & FRAGRANCES 0.01%GAS NATURAL 4/01/2023 0.01%NSWTC-I/L 11/20/2025 0.01%TSY INFL IX N/B 1/15/2015 0.01%INTL LEASE FIN 5/15/2016 0.01%STARZ - A 0.01%HELMERICH & PAYNE 0.01%GERDAU TRADE INC 4/15/2023 0.01%METTLER-TOLEDO INTERNATIONA 0.01%COM FED ELECTRIC 1/15/2024 0.01%BRASIL TELECOM 2/10/2022 0.01%JACK IN THE BOX INC 0.01%LENNOX INTERNATIONAL INC 0.01%MARATHON PETROLEUM CORP 0.01%Security% of PortfolioENERSYS 0.01%BEAR STEARNS CO 2/01/2018 0.01%NEW ZEALAND I/L 9/20/2025 0.01%MERSIN 8/12/2020 0.01%BUNGE LTD 0.01%MRC GLOBAL INC 0.01%CINEMARK HOLDINGS INC 0.01%HELIX ENERGY SOLUTIONS GROU 0.01%SLOVENIA 11/01/2016 0.01%GNL QUINTERO SA 7/31/2029 0.01%TENNECO INC 0.01%CIMPOR FIN OPS 7/17/2024 0.01%CR BARD INC 0.01%HEWLETT-PACKARD CO 0.01%ROSS STORES INC 0.01%PANERA BREAD COMPANY-CLASS 0.01%GMAC INTL FIN BV 4/21/2015 0.01%BRASIL TELECOM 2/10/2022 0.01%UKRAINE GOVT 9/23/2020 0.01%MACY'S INC 0.01%SOUTHWEST AIRLINES CO 0.01%WALT DISNEY CO/THE 0.01%BPE FINANCIACION 5/19/2016 0.01%CA INC 0.01%BOSTON SCIENTIFIC CORP 0.01%CONTINENTAL RESOURCES INC/O 0.01%VIETNAM (REP OF) 1/29/2020 0.01%AKORN INC 0.01%SHERWIN-WILLIAMS CO/THE 0.01%ACTAVIS PLC 0.01%FREDDIEMAC STRIP 9/15/2042 0.01%TORO CO 0.01%CONSOL ENERGY INC 0.01%PIONEER NATURAL RESOURCES C 0.01%INVESCO MORTGAGE CAPITAL 0.01%FEDEX CORP 0.01%MANHATTAN ASSOCIATES INC 0.01%COMPASS MINERALS INTERNATIO 0.01%CHIPOTLE MEXICAN GRILL INC 0.01%RAS LAFFAN LNG 3 9/30/2019 0.01%MANPOWERGROUP INC 0.01%ARROW ELECTRONICS INC 0.01%TYSON FOODS INC-CL A 0.01%F5 NETWORKS INC 0.01%ASSURED GUARANTY LTD 0.01%SKYWORKS SOLUTIONS INC 0.01%MARRIOTT VACATIONS WORLD 0.01%BRAZILIAN REAL 0.01%REP OF ANGOLA 8/16/2019 0.01%ALLY FINANCIAL 6/26/2015 0.01%DST SYSTEMS INC 0.01%LIGAND PHARMACEUTICALS 0.01%PARTNERRE LTD 0.01%COMPUTER PROGRAMS & SYSTEMS 0.01%AST Portfolio Holdings28 of 635

AST Academic Strategies Asset Allocation Portfolio (continued)Security% of PortfolioNOBLE ENERGY INC 0.01%WABCO HOLDINGS INC 0.01%TSY INFL IX N/B 7/15/2021 0.01%LAZARD LTD-CL A 0.01%WADDELL & REED FINANCIAL-A 0.01%LANNETT CO INC 0.01%TURKEY REP OF 3/30/2021 0.01%FIRST NIAGARA FINANCIAL GRP 0.01%NU SKIN ENTERPRISES INC - A 0.01%SPX CORP 0.01%UK TSY I/L GILT 11/22/2017 0.01%PTC INC 0.01%EOG RESOURCES INC 0.01%DSW INC-CLASS A 0.01%STEVEN MADDEN LTD 0.01%EE. PP. MEDELLIN 7/29/2019 0.01%WORTHINGTON INDUSTRIES 0.01%VIRGOLINO DE OLI 1/28/2018 0.01%TSY INFL IX N/B 1/15/2022 0.01%SANDERSON FARMS INC 0.01%CATAMARAN CORP 0.01%SYMPHONY CLO LTD 5/15/2019 0.01%COPA HOLDINGS SA-CLASS A 0.01%HEXCEL CORP 0.01%STRUCTURED ASSET MORTGAGE I 7/19/2035 0.01%WHITEWAVE FOODS CO 0.01%LAREDO PETROLEUM INC 0.01%BRISTOW GROUP INC 0.01%HSN INC 0.01%IDEX CORP 0.01%DELUXE CORP 0.01%ENDESA (CHILE) 4/15/2024 0.01%ANSYS INC 0.01%MADISON SQUARE GARDEN CO-A 0.01%LYONDELLBASELL INDU-CL A 0.01%CHARLES RIVER LABORATORIES 0.01%DOW CHEMICAL CO/THE 0.01%TUPY OVERSEAS SA 7/17/2024 0.01%LABORATORY CRP OF AMER HLDG 0.01%TIVO INC 0.01%COUNTRYWIDE ALTERNATIVE LOA 5/25/2047 0.01%HARSCO CORP 0.01%ASPEN TECHNOLOGY INC 0.01%TEXAS INSTRUMENTS INC 0.01%WAL-MART STORES INC 0.01%IGATE CORP 0.01%AGL RESOURCES INC 0.01%CANADIAN NATL RE 3/30/2016 0.01%ELEC DE FRANCE 1/20/2017 0.01%WESTPAC BANKING 8/14/2014 0.01%ALASKA AIR GROUP INC 0.01%NEWS CORP - CLASS A 0.01%ODBRCHT OFFSHRE 10/01/2022 0.01%BHARTI AIRTEL IN 5/20/2024 0.01%Security% of PortfolioCOMMSCOPE HOLDING CO INC 0.01%CHICAGO BRIDGE & IRON CO NV 0.01%SYNOPSYS INC 0.01%SOLERA HOLDINGS INC 0.01%PENTA CLO SA 6/04/2024 0.01%CIT GROUP INC 0.01%RAYMOND JAMES FINANCIAL INC 0.01%GOVERNMENT NATIONAL MORTGAG 3/20/2037 0.01%CYBERONICS INC 0.01%S FRWD EUR 8/21/2014 0.01%HILL-ROM HOLDINGS INC 0.01%WAMU MORTGAGE PASS-THROUGH 11/25/2036 0.01%CEMEX FINANCE 10/12/2022 0.01%IAC/INTERACTIVECORP 0.01%FRANKLIN RESOURCES INC 0.01%GRAND CANYON EDUCATION INC 0.01%BCAP 2011-RR5 5A1 8/26/2037 0.01%ODEBRECHT FINANC 4/25/2025 0.01%RPC INC 0.01%DEVRY EDUCATION GROUP INC 0.01%RLJ LODGING TRUST 0.01%UK TSY I/L GILT 11/22/2055 0.01%DOLLAR TREE INC 0.01%FIBRIA OVERSEAS 5/12/2024 0.01%SS&C TECHNOLOGIES HOLDINGS 0.01%HYSTER-YALE MATERIALS 0.01%UNIT CORP 0.01%AMERICAN CAPITAL MORTGAGE I < 0.01%BIGLARI HOLDINGS INC < 0.01%EXPRESS INC < 0.01%LEAR CORP < 0.01%AGILE PROPERTY 4/28/2017 < 0.01%WAMU MORTGAGE PASS-THROUGH 7/25/2046 < 0.01%CARLISLE COS INC < 0.01%LOGMEIN INC < 0.01%AMETEK INC < 0.01%AXTEL SAB 1/31/2020 < 0.01%URBAN OUTFITTERS INC < 0.01%CELANESE CORP-SERIES A < 0.01%BTPS I/L 9/15/2021 < 0.01%WHIRLPOOL CORP < 0.01%LA-Z-BOY INC < 0.01%JANUS CAPITAL GROUP INC < 0.01%FULTON FINANCIAL CORP < 0.01%PILGRIM'S PRIDE CORP < 0.01%LIBERTY VENTURES - SER A < 0.01%US T-BILL 0.020135% 9/18/2014 < 0.01%TRANSPORT GAS PE 4/30/2028 < 0.01%KELLOGG CO < 0.01%LINCOLN ELECTRIC HOLDINGS < 0.01%BROADRIDGE FINANCIAL SOLUTI < 0.01%SOUTHERN COPPER 11/08/2042 < 0.01%VISTAPRINT NV < 0.01%SOUTHERN COPPER CORP < 0.01%AST Portfolio Holdings29 of 635

AST Academic Strategies Asset Allocation Portfolio (continued)Security% of PortfolioBTPS 9/15/2016 < 0.01%TEXAS ROADHOUSE INC < 0.01%BUFFALO WILD WINGS INC < 0.01%NCUA GUARANTEED NOTES 12/08/2020 < 0.01%SYNTEL INC < 0.01%WELLS FARGO MORTGAGE BACKED 3/25/2036 < 0.01%LCM LTD PARTNERSHIP 3/21/2019 < 0.01%SEI INVESTMENTS COMPANY < 0.01%BTPS 4/22/2017 < 0.01%OOREDOO INTL 2/16/2021 < 0.01%MEXICHEM SAB 9/19/2022 < 0.01%B/E AEROSPACE INC < 0.01%BPE FINANCIACION 2/01/2017 < 0.01%S FRWD EUR 9/17/2014 < 0.01%STERIS CORP < 0.01%HELLENIC T-BILL 8/18/2014 < 0.01%LATTICE SEMICONDUCTOR CORP < 0.01%TEMPUR SEALY INTERNATIONAL < 0.01%AVG TECHNOLOGIES < 0.01%HELLENIC RAILWAY 3/17/2017 < 0.01%EXPEDITORS INTL WASH INC < 0.01%BANC OF AMERICA LARGE LOAN 6/24/2050 < 0.01%AMERICA MOVIL SA 3/30/2020 < 0.01%FANNIE MAE 2/25/2041 < 0.01%(3003) MONEY MARKET PORTFOL < 0.01%ACHMEA HYPOBK 11/03/2014 < 0.01%NSWTC-I/L 11/20/2035 < 0.01%COUNTRYWIDE ASSET-BACKED CE 7/25/2036 < 0.01%GNC HOLDINGS INC-CL A < 0.01%AEGERION PHARMACEUTICALS IN < 0.01%S FRWD NOK 9/17/2014 < 0.01%CHAMBERS STREET PROPERTIES < 0.01%S FRWD NOK 9/17/2014 < 0.01%FREDDIE MAC 8/15/2033 < 0.01%CENTENE CORP < 0.01%SYMETRA FINANCIAL CORP < 0.01%S FRWD EUR 9/17/2014 < 0.01%WINTHROP REALTY TRUST < 0.01%HYPERMARCAS SA 4/20/2021 < 0.01%HCC INSURANCE HOLDINGS INC < 0.01%NPS PHARMACEUTICALS INC < 0.01%ALFA S.A. 3/25/2044 < 0.01%NETSCOUT SYSTEMS INC < 0.01%CORELOGIC INC < 0.01%ANALOG DEVICES INC < 0.01%AARON'S INC < 0.01%ALFA S.A. 3/25/2024 < 0.01%MARVELL TECHNOLOGY GROUP LT < 0.01%PEGASYSTEMS INC < 0.01%S FRWD EUR 9/17/2014 < 0.01%CNPU4S USD IRS 10 YR PRI 9/22/2014 < 0.01%REP OF NIGERIA 7/12/2018 < 0.01%SUZANO TRADING 1/23/2021 < 0.01%DELPHI AUTOMOTIVE PLC < 0.01%Security% of PortfolioREP OF PAKISTAN 6/01/2017 < 0.01%INTESA SANPAOLO 1/15/2016 < 0.01%FRANKLIN STREET PROPERTIES < 0.01%NCUA GUARANTEED NOTES 10/07/2020 < 0.01%MAGI I-A A 1.835% 4/11/2021 < 0.01%PARAGUAY 1/25/2023 < 0.01%EKSPORTFINANS 5/25/2016 < 0.01%PAPA JOHN'S INTL INC < 0.01%US T-BILL 0.039560% 12/18/2014 < 0.01%GLOBE SPECIALTY METALS INC < 0.01%FORTINET INC < 0.01%HARBORVIEW MORTGAGE LOAN TR 2/19/2036 < 0.01%HARRIS CORP < 0.01%MUELLER INDUSTRIES INC < 0.01%MORNINGSTAR INC < 0.01%RAYONIER ADVANCED MATERIALS < 0.01%SYMANTEC CORP < 0.01%INGREDION INC < 0.01%CEMENTOS PACASMA 2/08/2023 < 0.01%FIRST INTERSTATE BANCSYS/MT < 0.01%GLOBUS MEDICAL INC - A < 0.01%S FRWD JPY 9/17/2014 < 0.01%BG ENERGY CAP 11/30/2072 < 0.01%GENPACT LTD < 0.01%S FRWD NOK 9/17/2014 < 0.01%ENERGY XXI BERMUDA < 0.01%L FRWD GBP 9/17/2014 < 0.01%CABOT CORP < 0.01%MEXICAN UDIBONOS 11/08/2046 < 0.01%FTD COS INC < 0.01%NOVATEK OAO 12/13/2022 < 0.01%S FRWD EUR 9/17/2014 < 0.01%TYLER TECHNOLOGIES INC < 0.01%GEO GROUP INC/THE < 0.01%BIG LOTS INC < 0.01%SPIRIT AEROSYSTEMS HOLD-CL < 0.01%CHATHAM LODGING TRUST < 0.01%BCAP 2011-RR5 5.923 3/26/2037 < 0.01%S FRWD EUR 9/17/2014 < 0.01%OMNICELL INC < 0.01%PROGRESS SOFTWARE CORP < 0.01%BTPS 11/01/2022 < 0.01%BTPS I/L 9/15/2026 < 0.01%NIC INC < 0.01%STRATEGIC HOTELS & RESORTS < 0.01%WEST PHARMACEUTICAL SERVICE < 0.01%EUROPEAN CURRENCY < 0.01%KOPPERS HOLDINGS INC < 0.01%MURPHY OIL CORP < 0.01%CYTEC INDUSTRIES INC < 0.01%AVISTA CORP < 0.01%SEMTECH CORP < 0.01%ENTERGY CORP < 0.01%POPULAR INC < 0.01%AST Portfolio Holdings30 of 635

AST Academic Strategies Asset Allocation Portfolio (continued)Security% of PortfolioZUMIEZ INC < 0.01%JAPAN YEN < 0.01%CAL-MAINE FOODS INC < 0.01%UNIFIRST CORP/MA < 0.01%DILLARDS INC-CL A < 0.01%INTELIQUENT INC < 0.01%WP CAREY INC < 0.01%AMERICAN ASSETS TRUST INC < 0.01%TSY INFL IX N/B 2/15/2042 < 0.01%GENERALITAT DE CATALUNYA 2/11/2020 < 0.01%WELLCARE HEALTH PLANS INC < 0.01%TWO HARBORS INVESTMENT CORP < 0.01%AG MORTGAGE INVESTMENT TRUS < 0.01%MONTE DEI PASCHI 9/15/2016 < 0.01%HERMAN MILLER INC < 0.01%RESOURCE CAPITAL CORP < 0.01%BANKIA 1/17/2019 < 0.01%KAMAN CORP < 0.01%BTPS 10/22/2016 < 0.01%CASH COLLATERAL FUT GSC USD < 0.01%PERFORMANT FINANCIAL CORP < 0.01%PLANTRONICS INC < 0.01%S FRWD NZD 9/17/2014 < 0.01%INSIGHT ENTERPRISES INC < 0.01%ALLEGION PLC < 0.01%WODST II-A A1 1.196% 3/29/2021 < 0.01%BANCAJA 1/25/2016 < 0.01%SILICON IMAGE INC < 0.01%S FRWD EUR 9/17/2014 < 0.01%S FRWD NZD 9/17/2014 < 0.01%DIODES INC < 0.01%HARLEY-DAVIDSON INC < 0.01%FOSSIL GROUP INC < 0.01%MKS INSTRUMENTS INC < 0.01%TSY INFL IX N/B 7/15/2015 < 0.01%SCANSOURCE INC < 0.01%STEEL DYNAMICS INC < 0.01%BRASKEM FIN LTD 5/07/2020 < 0.01%HOME LOAN SERVICING SOLUTIO < 0.01%INF EUR R 2.1075-FRCPXTOB 10/08/2023 < 0.01%UNUM GROUP < 0.01%S FRWD EUR 9/17/2014 < 0.01%FRESH MARKET INC/THE < 0.01%INTELSAT SA < 0.01%L FRWD NZD 9/17/2014 < 0.01%SOUTHERN COPPER 7/27/2035 < 0.01%TSY INFL IX N/B 1/15/2021 < 0.01%UGI CORP < 0.01%ADTRAN INC < 0.01%WASHINGTON FEDERAL INC < 0.01%WINNEBAGO INDUSTRIES < 0.01%REARDEN G HLDGS 3/30/2020 < 0.01%EAGLE BANCORP INC < 0.01%CNA FINANCIAL CORP < 0.01%Security% of PortfolioSCHULMAN (A.) INC < 0.01%UK TSY I/L GILT 3/22/2058 < 0.01%AMERICAN STATES WATER CO < 0.01%TELEDYNE TECHNOLOGIES INC < 0.01%LPL FINANCIAL HOLDINGS INC < 0.01%HARMONIC INC < 0.01%IMMERSION CORPORATION < 0.01%SEQUOIA MORTGAGE TRUST 7/20/2036 < 0.01%QUESTAR CORP < 0.01%RBSCF TRUST 12/16/2049 < 0.01%S FRWD NOK 9/17/2014 < 0.01%TSY INFL IX N/B 1/15/2024 < 0.01%UK POUND STERLING < 0.01%S FRWD NZD 9/17/2014 < 0.01%S FRWD NOK 9/17/2014 < 0.01%LIBERTY MEDIA SHS SERIES C < 0.01%ANN INC < 0.01%AQUILAE CLO PLC 1/17/2023 < 0.01%BLUCORA INC < 0.01%SONUS NETWORKS INC < 0.01%PATRICK INDUSTRIES INC < 0.01%ELEC DE FRANCE 1/20/2017 < 0.01%FINISH LINE/THE - CL A < 0.01%VENEZUELA 2/26/2016 < 0.01%S FRWD EUR 9/17/2014 < 0.01%CORE-MARK HOLDING CO INC < 0.01%PMC - SIERRA INC < 0.01%KAPSTONE PAPER AND PACKAGIN < 0.01%S FRWD GBP 9/17/2014 < 0.01%ON SEMICONDUCTOR CORPORATIO < 0.01%COMCAST CORP-CLASS A < 0.01%CONSTANT CONTACT INC < 0.01%NORTH CAROLINA STATE EDUCAT 10/26/2020 < 0.01%NACCO INDUSTRIES-CL A < 0.01%GLOBAL SOURCES LTD < 0.01%SHORETEL INC < 0.01%SOUTHWEST GAS CORP < 0.01%SUN HYDRAULICS CORP < 0.01%FUTUREFUEL CORP < 0.01%PIPER JAFFRAY COS < 0.01%ULTRA CLEAN HOLDINGS INC < 0.01%POPEYES LOUISIANA KITCHEN I < 0.01%S FRWD EUR 9/17/2014 < 0.01%STRUCTURED ADJUSTABLE RATE 12/25/2034 < 0.01%NAVIGANT CONSULTING INC < 0.01%NORDSON CORP < 0.01%PERFICIENT INC < 0.01%S FRWD NZD 9/17/2014 < 0.01%NEW ZEALAND I/L 9/20/2030 < 0.01%COMM MORTGAGE TRUST 7/10/2046 < 0.01%BLOUNT INTERNATIONAL INC < 0.01%RF MICRO DEVICES INC < 0.01%ARGAN INC < 0.01%RUTH'S HOSPITALITY GROUP IN < 0.01%AST Portfolio Holdings31 of 635

AST Academic Strategies Asset Allocation Portfolio (continued)Security% of PortfolioCOEUR MINING INC < 0.01%AAON INC < 0.01%S FRWD AUD 9/17/2014 < 0.01%CDW CORP/DE < 0.01%S FRWD NZD 9/17/2014 < 0.01%SEABOARD CORP < 0.01%RUCKUS WIRELESS INC < 0.01%ATRION CORPORATION < 0.01%TRUEBLUE INC < 0.01%CREDIT SUISSE MORTGAGE TRUS 2/15/2040 < 0.01%FINANCIAL INSTITUTIONS INC < 0.01%AMERICAN CAMPUS COMMUNITIES < 0.01%GLATFELTER < 0.01%VIAD CORP < 0.01%EPAM SYSTEMS INC < 0.01%MATRIX SERVICE CO < 0.01%VISHAY INTERTECHNOLOGY INC < 0.01%GIBRALTAR INDUSTRIES INC < 0.01%JP MORGAN MORTGAGE TRUST 7/25/2035 < 0.01%BLUE NILE INC < 0.01%FAIR ISAAC CORP < 0.01%SOUTH AFRICAN RAN < 0.01%ROLLINS INC < 0.01%INPHI CORP < 0.01%IRS AUD R 4.0% 5Y DUB 6/18/2019 < 0.01%US SILICA HOLDINGS INC < 0.01%LEHMAN RECEIVABLES < 0.01%S FRWD NOK 9/17/2014 < 0.01%INVACARE CORP < 0.01%APOLLO RESIDENTIAL MORTGAGE < 0.01%MICROSTRATEGY INC-CL A < 0.01%POWER INTEGRATIONS INC < 0.01%S FRWD NZD 9/17/2014 < 0.01%VECTREN CORPORATION < 0.01%HOLOGIC INC < 0.01%S FRWD EUR 9/17/2014 < 0.01%FIRST BANCORP PUERTO RICO < 0.01%L FRWD GBP 9/17/2014 < 0.01%NAVIGATORS GROUP INC < 0.01%INTERSIL CORP-A < 0.01%FIRST CITIZENS BCSHS -CL A < 0.01%HEALTHCARE TRUST OF AMERICA < 0.01%HAVERTY FURNITURE < 0.01%UNIVERSAL ELECTRONICS INC < 0.01%S FRWD NOK 9/17/2014 < 0.01%INDYMAC INDA MORTGAGE LOAN 11/25/2035 < 0.01%MCDONALD'S CORP < 0.01%PPL CORPORATION < 0.01%ICF INTERNATIONAL INC < 0.01%UNIVERSAL FOREST PRODUCTS < 0.01%SANMINA CORP < 0.01%S FRWD NZD 9/17/2014 < 0.01%CBRE GROUP INC - A < 0.01%EXLSERVICE HOLDINGS INC < 0.01%Security% of PortfolioNEKTAR THERAPEUTICS < 0.01%PREMIERE GLOBAL SERVICES IN < 0.01%S FRWD NZD 9/17/2014 < 0.01%TRIUMPH GROUP INC < 0.01%S FRWD EUR 9/17/2014 < 0.01%S FRWD AUD 9/17/2014 < 0.01%TRAVELZOO INC < 0.01%JP MORGAN MORTGAGE TRUST 8/25/2035 < 0.01%NATIONAL HEALTHCARE CORP < 0.01%NEENAH PAPER INC < 0.01%S FRWD NZD 9/17/2014 < 0.01%STANDEX INTERNATIONAL CORP < 0.01%SELECT COMFORT CORPORATION < 0.01%ERIE INDEMNITY COMPANY-CL A < 0.01%ATLANTIC TELE-NETWORK INC < 0.01%CASH COLLATERAL CME SAL USD < 0.01%S FRWD EUR 9/17/2014 < 0.01%S FRWD GBP 9/17/2014 < 0.01%S FRWD NZD 9/17/2014 < 0.01%MEXICAN PESO < 0.01%S FRWD GBP 9/17/2014 < 0.01%FERRO CORP < 0.01%FRANCESCAS HOLDINGS CORP < 0.01%KOSMOS ENERGY LTD < 0.01%S FRWD EUR 8/21/2014 < 0.01%GRANITE MORTGAGES PLC. 9/20/2044 < 0.01%MONOLITHIC POWER SYSTEMS IN < 0.01%S FRWD NOK 9/17/2014 < 0.01%INTRALINKS HOLDINGS INC < 0.01%RESOURCES CONNECTION INC < 0.01%SELECT MEDICAL HOLDINGS COR < 0.01%LIBERTY MEDIA CORP - A < 0.01%THERMON GROUP HOLDINGS INC < 0.01%MONSTER BEVERAGE CORP < 0.01%ERA GROUP INC < 0.01%CHIQUITA BRANDS INTL < 0.01%MASIMO CORPORATION < 0.01%S FRWD NOK 9/17/2014 < 0.01%VERA BRADLEY INC < 0.01%DREW INDUSTRIES INC < 0.01%LEXINGTON REALTY TRUST < 0.01%DINEEQUITY INC < 0.01%FIRST DEFIANCE FINL CORP < 0.01%S FRWD EUR 9/17/2014 < 0.01%ENVESTNET INC < 0.01%SYKES ENTERPRISES INC < 0.01%AECOM TECHNOLOGY CORP < 0.01%TECHNE CORP < 0.01%MORGAN STANLEY MORTGAGE LOA 8/25/2035 < 0.01%GENTEX CORP < 0.01%COUNTRYWIDE HOME LOANS 1/19/2034 < 0.01%AMERICAN CAPITAL AGENCY COR < 0.01%S FRWD AUD 9/17/2014 < 0.01%S FRWD SEK 9/17/2014 < 0.01%AST Portfolio Holdings32 of 635

AST Academic Strategies Asset Allocation Portfolio (continued)Security% of PortfolioCLAYTON WILLIAMS ENERGY INC < 0.01%GULFMARK OFFSHORE INC-CL A < 0.01%ALLIANCE FIBER OPTIC PRODUC < 0.01%S FRWD SEK 9/17/2014 < 0.01%PARKER DRILLING CO < 0.01%S FRWD BRC 9/03/2014 < 0.01%DESTINATION MATERNITY CORP < 0.01%RPM INTERNATIONAL INC < 0.01%JAPANESE YEN < 0.01%BEAR STEARNS ADJUSTABLE RAT 3/25/2035 < 0.01%CITI TRENDS INC < 0.01%ICE CCP INITIAL MARGIN COLL < 0.01%ON ASSIGNMENT INC < 0.01%WYNDHAM WORLDWIDE CORP < 0.01%OWENS-ILLINOIS INC < 0.01%S FRWD EUR 9/17/2014 < 0.01%CABOT MICROELECTRONICS CORP < 0.01%LIQUIDITY SERVICES INC < 0.01%FIRST NBC BANK HOLDING CO < 0.01%INVESTORS REAL ESTATE TRUST < 0.01%REPUBLIC AIRWAYS HOLDINGS I < 0.01%S FRWD EUR 9/17/2014 < 0.01%RELIANCE STEEL & ALUMINUM < 0.01%CANTEL MEDICAL CORP < 0.01%S FRWD EUR 8/21/2014 < 0.01%PITNEY BOWES INC < 0.01%S FRWD GBP 9/17/2014 < 0.01%STEELCASE INC-CL A < 0.01%INF USD P 1.73CPURNSA 4/15/2016 < 0.01%NEW JERSEY RESOURCES CORP < 0.01%CUMULUS MEDIA INC-CL A < 0.01%L FRWD SGD 9/17/2014 < 0.01%S FRWD EUR 9/17/2014 < 0.01%GSR MORTGAGE LOAN TRUST 1/25/2035 < 0.01%AMERICAN GENERAL MORTGAGE L 3/25/2058 < 0.01%S FRWD HUF 10/30/2014 < 0.01%INF OTC 1.930% USD CPURNSA 2/10/2017 < 0.01%S FRWD NOK 9/17/2014 < 0.01%S FRWD BRC 10/15/2014 < 0.01%S FRWD EUR 8/21/2014 < 0.01%S FRWD CHF 9/17/2014 < 0.01%INF EUR R2.1075-FRCPXTOB 10/08/2023 < 0.01%INF EUR R2.1075-FRCPXTOB 10/08/2023 < 0.01%S FRWD CHF 9/17/2014 < 0.01%S FRWD EUR 8/21/2014 < 0.01%S FRWD NZD 8/05/2014 < 0.01%S FRWD AUD 8/05/2014 < 0.01%S FRWD BRC 8/04/2014 < 0.01%S FRWD JPY 9/17/2014 < 0.01%S FRWD EUR 8/21/2014 < 0.01%INF USD P 1.93CPURNSA 10/31/2016 < 0.01%S FRWD BRC 8/04/2014 < 0.01%(S) ICE 1.000% CDX ITRAXX M 6/20/2019 < 0.01%S FRWD GBP 9/17/2014 < 0.01%Security% of PortfolioINF USD P 1.825CPURNSA 11/29/2016 < 0.01%CME CCP MARGIN COLLATERAL < 0.01%WAMU MORTGAGE PASS-THROUGH 8/25/2035 < 0.01%S FRWD GBP 9/17/2014 < 0.01%INF USD P 1.845CPURNSA 11/29/2016 < 0.01%S FRWD NZD 9/17/2014 < 0.01%L FRWD BRC 8/04/2014 < 0.01%INF USD P 1.86CPURNSA 11/05/2016 < 0.01%IRS AUD R 4.0% 5Y DUB 6/18/2019 < 0.01%S FRWD MXP 8/25/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%S FRWD BRC 1/05/2015 < 0.01%INF USD P 1.90-CPURNSA 4/15/2017 < 0.01%INF OTC 1.935% USD CPURNSA 10/23/2016 < 0.01%S FRWD JPY 9/17/2014 < 0.01%INF USD P 1.825/CPURNSA 11/29/2016 < 0.01%S FRWD MXP 9/23/2014 < 0.01%S FRWD AUD 9/17/2014 < 0.01%INF EUR R 1.95FRCPXTOB 7/25/2023 < 0.01%INF EUR R 1.95FRCPXTOB 7/25/2023 < 0.01%INF EUR R 1.95FRCPXTOB 7/25/2023 < 0.01%S FRWD JPY 9/17/2014 < 0.01%S FRWD MXP 12/18/2014 < 0.01%S FRWD EUR 8/21/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%S FRWD BRC 1/05/2015 < 0.01%INF OTC 2.172% USD CPURNSA 11/01/2018 < 0.01%NELNET STUDENT LOAN TRUST 7/25/2018 < 0.01%S FRWD EUR 8/21/2014 < 0.01%S FRWD EUR 9/17/2014 < 0.01%S FRWD EUR 8/21/2014 < 0.01%S FRWD ZAR 10/15/2014 < 0.01%S FRWD BRC 1/05/2015 < 0.01%REPUBLIC OF PERU 3/30/2019 < 0.01%IRO EUR 5Y 1.00 GLM 11/17/2014 < 0.01%INF USD P 2.175CPURNSA 10/01/2018 < 0.01%CDS OTC 1.000% ITALY GOVT D 3/20/2019 < 0.01%L FRWD SGD 9/17/2014 < 0.01%TURKISH LIRA < 0.01%S FRWD JPY 8/05/2014 < 0.01%L FRWD CND 9/17/2014 < 0.01%S FRWD GBP 9/11/2014 < 0.01%S FRWD JPY 9/17/2014 < 0.01%US T-BILL .061657 9/25/2014 < 0.01%S FRWD BRC 8/04/2014 < 0.01%NEW ZEALAND DOLLA < 0.01%AUSTRALIAN DOLLAR < 0.01%S FRWD MXP 12/18/2014 < 0.01%S SPOT MXP 8/01/2014 < 0.01%S FRWD BRC 8/04/2014 < 0.01%L FRWD JPY 8/05/2014 < 0.01%UK POUND STERLING < 0.01%S FRWD JPY 9/17/2014 < 0.01%CANADIAN DOLLAR < 0.01%AST Portfolio Holdings33 of 635

AST Academic Strategies Asset Allocation Portfolio (continued)Security% of PortfolioSEVENTY SEVEN ENERGY INC < 0.01%POLAND ZLOTY < 0.01%INDEX SWAP (DJUBSTR) INDEX 10/08/2014 < 0.01%IRTRAXX.O P 1.10 RU21 5Y 9/24/2014 < 0.01%ITRAXX.O P 1.10 EU21 5Y 9/24/2014 < 0.01%ITRAXX.O P 1.00 EU21 5Y - 9/24/2014 < 0.01%S FRWD JPY 9/03/2014 < 0.01%ITRAXX.O P 1.10 EUR21 5Y 9/24/2014 < 0.01%ITRAXX.O P 0.95 EU21 5Y -1 9/24/2014 < 0.01%INF FLOOR USD CPURNSA 217.9 10/07/2020 < 0.01%ITRAXX.O P 0.95 EU21 9/24/2014 < 0.01%ITRAXX.O P 0.95 EU21 5Y -1 9/24/2014 < 0.01%S FRWD BRC 1/05/2015 < 0.01%L FRWD BRC 8/04/2014 < 0.01%L SPOT MXP 8/01/2014 < 0.01%S FRWD BRC 1/05/2015 < 0.01%ITRAXX.O P 0.95 EU21 5Y 12/22/2014 < 0.01%L FRWD EUR 8/21/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD MYR 8/29/2014 < 0.01%S FRWD BRC 1/05/2015 < 0.01%INF CAP US @ 4 10Y 5/23/2024 < 0.01%S FRWD BRC 1/05/2015 < 0.01%IRO EUR 5Y P 1.235 11/17/2014 < 0.01%L SPOT GBP 8/01/2014 < 0.01%INF FLOOR USD CPURNSA 216.6 4/07/2020 < 0.01%L FRWD AUD 8/05/2014 < 0.01%ITRAXX.O P 0.95 EU21 5Y 12/22/2014 < 0.01%CDS OTC 1.000% BRAZIL JPM 3/20/2019 < 0.01%CDS OTC 1.000% BRAZIL LA BO 3/20/2019 < 0.01%L FRWD BRC 8/04/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%CDS OTC 1.000% GREEK GOVT M 6/20/2015 < 0.01%L FRWD AUD 8/05/2014 < 0.01%L FRWD BRC 8/04/2014 < 0.01%L FRWD IND 10/15/2014 < 0.01%L FRWD IND 10/15/2014 < 0.01%INF CAP US @ 4 -10Y JP 4/22/2024 < 0.01%L FRWD MXP 12/18/2014 < 0.01%ITRAXX.O P 0.85 EU21 5Y - 12/22/2014 < 0.01%CDS OTC 1.000% RUSSIA EM BO 3/20/2019 < 0.01%L FRWD EUR 8/21/2014 < 0.01%L FRWD CND 9/17/2014 < 0.01%OTC ECAL USD VS BRL @ 2.68 7/06/2015 < 0.01%L FRWD BRC 8/04/2014 < 0.01%L FRWD SEK 9/17/2014 < 0.01%S FRWD BRC 8/04/2014 < 0.01%L FRWD CHF 9/17/2014 < 0.01%L FRWD IND 10/15/2014 < 0.01%S FRWD BRC 1/05/2015 < 0.01%L FRWD CND 9/17/2014 < 0.01%S FRWD CND 9/17/2014 < 0.01%L FRWD IND 10/15/2014 < 0.01%INF USD P 2.56-CPURNSA 5/08/2023 < 0.01%Security% of PortfolioCASH COLLATERAL < 0.01%CDX.O P 99.00 HY22 5Y V2 10/20/2014 < 0.01%L FRWD PLZ 10/30/2014 < 0.01%L FRWD BRC 9/03/2014 < 0.01%INF USD P 2.415CPURNSA 2/12/2017 < 0.01%L FRWD BRC 8/04/2014 < 0.01%L FRWD EUR 8/21/2014 < 0.01%S FRWD GBP 9/11/2014 < 0.01%L FRWD NOK 9/17/2014 < 0.01%L FRWD JPY 9/17/2014 < 0.01%L FRWD CND 9/17/2014 < 0.01%S FRWD CND 9/17/2014 < 0.01%INF USD P 2.25-CPURNSA 7/15/2017 < 0.01%L FRWD CND 9/17/2014 < 0.01%L FRWD AUD 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%S FRWD BRC 8/04/2014 < 0.01%L FRWD CND 9/17/2014 < 0.01%L FRWD BRC 10/15/2014 < 0.01%(S) IRS EUR 2.0% 10Y 1/29/2024 < 0.01%L FRWD SEK 9/17/2014 < 0.01%L FRWD AUD 9/17/2014 < 0.01%L FRWD AUD 9/17/2014 < 0.01%S FRWD BRC 8/04/2014 < 0.01%WESCO AIRCRAFT HOLDINGS IN < 0.01%CDS OTC 1.000% BRAZIL LA MY 3/20/2019 < 0.01%L FRWD SEK 9/17/2014 < 0.01%ALLISON TRANSMISSION HOLDI < 0.01%CD RUSSIA EM SP GST 9/20/2019 < 0.01%COLUMBIA BANKING SYSTEM INC < 0.01%PINNACLE FINANCIAL PARTNERS < 0.01%UNITED STATIONERS INC < 0.01%AIRCASTLE LTD < 0.01%TETRA TECH INC < 0.01%CAPITAL SENIOR LIVING CORP < 0.01%SWAPS COLLATERAL < 0.01%ADVANCED ENERGY INDUSTRIES < 0.01%INTEGRA LIFESCIENCES HOLDIN < 0.01%HANGER INC < 0.01%COACH INC < 0.01%ABIOMED INC < 0.01%L FRWD BRC 8/04/2014 < 0.01%TUMI HOLDINGS INC < 0.01%INTERACTIVE INTELLIGENCE GR < 0.01%PETSMART INC < 0.01%BARNES GROUP INC < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD IND 10/15/2014 < 0.01%PACIFIC BIOSCIENCES OF CALI < 0.01%ISTAR FINANCIAL INC < 0.01%EDUCATION REALTY TRUST INC < 0.01%EURO < 0.01%EXTREME NETWORKS INC < 0.01%L FRWD CND 9/17/2014 < 0.01%AST Portfolio Holdings34 of 635

AST Academic Strategies Asset Allocation Portfolio (continued)Security% of PortfolioTESSERA TECHNOLOGIES INC < 0.01%L FRWD SEK 9/17/2014 < 0.01%L FRWD AUD 9/17/2014 < 0.01%CALLIDUS SOFTWARE INC < 0.01%L FRWD AUD 9/17/2014 < 0.01%L FRWD SEK 9/17/2014 < 0.01%S FRWD BRC 8/04/2014 < 0.01%TESARO INC < 0.01%L FRWD NOK 9/17/2014 < 0.01%IBERIABANK CORP < 0.01%WATTS WATER TECHNOLOGIES-A < 0.01%ACACIA RESEARCH CORP < 0.01%ROSETTA RESOURCES INC < 0.01%L FRWD AUD 9/17/2014 < 0.01%LACLEDE GROUP INC/THE < 0.01%PLATFORM SPECIALTY PRODUCTS < 0.01%CLOUD PEAK ENERGY INC < 0.01%L FRWD CHF 9/17/2014 < 0.01%LEAPFROG ENTERPRISES INC < 0.01%PENN REAL ESTATE INVEST TST < 0.01%LA QUINTA HOLDINGS INC < 0.01%MERIDIAN BIOSCIENCE INC < 0.01%S FRWD SGD 9/17/2014 < 0.01%BIODELIVERY SCIENCES INTL < 0.01%RENTRAK CORP < 0.01%RALLY SOFTWARE DEVELOPMENT < 0.01%PLY GEM HOLDINGS INC < 0.01%INF USD P 2.25-CPURNSA 7/15/2017 < 0.01%PROOFPOINT INC < 0.01%L FRWD SEK 9/17/2014 < 0.01%CAESARS ENTERTAINMENT CORP < 0.01%COUSINS PROPERTIES INC < 0.01%PENSKE AUTOMOTIVE GROUP INC < 0.01%S FRWD BRC 8/04/2014 < 0.01%L FRWD SEK 9/17/2014 < 0.01%L FRWD CHF 9/17/2014 < 0.01%L FRWD NOK 9/17/2014 < 0.01%L FRWD SEK 9/17/2014 < 0.01%COMSCORE INC < 0.01%L FRWD EUR 9/17/2014 < 0.01%CST BRANDS INC < 0.01%NEWMARKET CORP < 0.01%POWERSECURE INTERNATIONAL I < 0.01%L FRWD SEK 9/17/2014 < 0.01%L FRWD CND 9/17/2014 < 0.01%(S)CME IRS USD3.75-3ML 6/18/2044 < 0.01%GENERAL CABLE CORP < 0.01%CRANE CO < 0.01%INCONTACT INC < 0.01%SIMON PROPERTY GROUP INC < 0.01%CHEFS' WAREHOUSE INC/THE < 0.01%XCERRA CORP < 0.01%SPECTRUM PHARMACEUTICALS IN < 0.01%POWER SOLUTIONS INTERNATION < 0.01%Security% of PortfolioBANCORPSOUTH INC < 0.01%SERVICESOURCE INTERNATIONAL < 0.01%GATX CORP < 0.01%L FRWD CND 9/17/2014 < 0.01%CERUS CORP < 0.01%UMPQUA HOLDINGS CORP < 0.01%APPLIED OPTOELECTRONICS INC < 0.01%PROCERA NETWORKS INC < 0.01%L FRWD NZD 9/17/2014 < 0.01%OASIS PETROLEUM INC < 0.01%BROWN & BROWN INC < 0.01%CHEMTURA CORP < 0.01%UNITED STATES STEEL CORP < 0.01%SCHWEITZER-MAUDUIT INTL INC < 0.01%GRAMERCY PROPERTY TRUST INC < 0.01%ATHLON ENERGY INC < 0.01%RENEWABLE ENERGY GROUP INC < 0.01%KRATOS DEFENSE & SECURITY < 0.01%STAAR SURGICAL CO < 0.01%VOCERA COMMUNICATIONS INC < 0.01%COGNEX CORP < 0.01%PROSPERITY BANCSHARES INC < 0.01%COMMERCE BANCSHARES INC < 0.01%TIDEWATER INC < 0.01%S FRWD SGD 9/17/2014 < 0.01%L FRWD CND 9/17/2014 < 0.01%MERITAGE HOMES CORP < 0.01%NASDAQ OMX GROUP/THE < 0.01%SEAGATE TECHNOLOGY < 0.01%L FRWD CHF 9/17/2014 < 0.01%L FRWD CND 9/17/2014 < 0.01%MASTEC INC < 0.01%PORTFOLIO RECOVERY ASSOCIA < 0.01%AUTONATION INC < 0.01%L FRWD NOK 9/17/2014 < 0.01%AEROVIRONMENT INC < 0.01%LIFELOCK INC < 0.01%KRISPY KREME DOUGHNUTS INC < 0.01%L FRWD NOK 9/17/2014 < 0.01%AMERICAN VANGUARD CORP < 0.01%M/I HOMES INC < 0.01%CLEAN HARBORS INC < 0.01%ROADRUNNER TRANSPORTATION S < 0.01%AAR CORP < 0.01%SILICON GRAPHICS INTERNATIO < 0.01%FTI CONSULTING INC < 0.01%L FRWD SEK 9/17/2014 < 0.01%DEALERTRACK TECHNOLOGIES IN < 0.01%H.B. FULLER CO. < 0.01%L FRWD CND 9/17/2014 < 0.01%L FRWD CHF 9/17/2014 < 0.01%AMERICAN RAILCAR INDUSTRIES < 0.01%CALLAWAY GOLF COMPANY < 0.01%(S) CME 3.500% IRS USD 30Y 12/17/2044 < 0.01%AST Portfolio Holdings35 of 635

AST Academic Strategies Asset Allocation Portfolio (continued)Security% of PortfolioFORTUNE BRANDS HOME & SECUR < 0.01%GREAT LAKES DREDGE & DOCK C < 0.01%RESOLUTE ENERGY CORP < 0.01%L FRWD CHF 9/17/2014 < 0.01%ACADIA PHARMACEUTICALS INC < 0.01%RYDER SYSTEM INC < 0.01%IMPERVA INC < 0.01%L FRWD CND 9/17/2014 < 0.01%FINANCIAL ENGINES INC < 0.01%OSI SYSTEMS INC < 0.01%STEWART INFORMATION SERVICE < 0.01%LITHIA MOTORS INC-CL A < 0.01%COBALT INTERNATIONAL ENERGY < 0.01%ALTRA INDUSTRIAL MOTION COR < 0.01%ALTISOURCE ASSET MANAGEMENT < 0.01%MAXWELL TECHNOLOGIES INC < 0.01%(S) CME 3.500% IRS USD 30Y 12/18/2043 < 0.01%COVANTA HOLDING CORP < 0.01%DYNEGY INC < 0.01%CHURCHILL DOWNS INC < 0.01%E2OPEN INC < 0.01%MSA SAFETY INC < 0.01%MOMENTA PHARMACEUTICALS INC < 0.01%EHEALTH INC < 0.01%PORTOLA PHARMACEUTICALS INC < 0.01%AGIOS PHARMACEUTICALS INC < 0.01%(S) CME 1.000% IRS JPY 10Y 9/18/2023 < 0.01%REXNORD CORP < 0.01%BEAZER HOMES USA INC < 0.01%DEXCOM INC < 0.01%REX ENERGY CORP < 0.01%AMAG PHARMACEUTICALS INC < 0.01%MTS SYSTEMS CORP < 0.01%EPR PROPERTIES < 0.01%S FRWD NZD 9/17/2014 < 0.01%CVB FINANCIAL CORP < 0.01%RAYONIER INC < 0.01%GLACIER BANCORP INC < 0.01%NETSUITE INC < 0.01%VCA ANTECH INC < 0.01%CAMBREX CORP < 0.01%P G & E CORP < 0.01%THERMO FISHER SCIENTIFIC IN < 0.01%AMERICAN AIRLINES GROUP INC < 0.01%MIDDLEBY CORP/THE < 0.01%UNITED BANKSHARES INC < 0.01%NORTHWESTERN CORP < 0.01%OREXIGEN THERAPEUTICS INC < 0.01%QUIDEL CORP < 0.01%XYLEM INC < 0.01%DANAHER CORP < 0.01%L FRWD SEK 9/17/2014 < 0.01%ARRAY BIOPHARMA INC < 0.01%TOLL BROTHERS INC < 0.01%Security% of PortfolioL FRWD SEK 9/17/2014 < 0.01%ZEBRA TECHNOLOGIES CORP-CL < 0.01%CINTAS CORP < 0.01%L FRWD SEK 9/17/2014 < 0.01%NCI BUILDING SYSTEMS INC < 0.01%L FRWD CND 9/17/2014 < 0.01%ZELTIQ AESTHETICS INC < 0.01%COLFAX CORP < 0.01%PANDORA MEDIA INC < 0.01%DIAMOND FOODS INC < 0.01%TARGET CORP < 0.01%ASTRONICS CORP < 0.01%EVERBANK FINANCIAL CORP < 0.01%CYNOSURE INC-A < 0.01%APOGEE ENTERPRISES INC < 0.01%L FRWD NZD 9/17/2014 < 0.01%FLUIDIGM CORP < 0.01%POST PROPERTIES INC < 0.01%L FRWD NZD 9/17/2014 < 0.01%HEARTLAND EXPRESS INC < 0.01%BOULDER BRANDS INC < 0.01%BROADSOFT INC < 0.01%ONE GAS INC < 0.01%HOUGHTON MIFFLIN HARCOURT C < 0.01%W&T OFFSHORE INC < 0.01%SIGNATURE BANK < 0.01%BIOSCRIP INC < 0.01%CEPHEID INC < 0.01%MASONITE INTERNATIONAL CORP < 0.01%PRIMERICA INC < 0.01%IRIDIUM COMMUNICATIONS INC < 0.01%PACIRA PHARMACEUTICALS INC < 0.01%RECEPTOS INC < 0.01%AMERICAN REALTY CAPITAL PRO < 0.01%DYCOM INDUSTRIES INC < 0.01%CHANNELADVISOR CORP < 0.01%TITAN INTERNATIONAL INC < 0.01%ALBANY MOLECULAR RESEARCH < 0.01%SPECTRANETICS CORP < 0.01%QUIKSILVER INC < 0.01%PEP BOYS-MANNY MOE & JACK < 0.01%DDR CORP < 0.01%AMAZON.COM INC < 0.01%WESTAMERICA BANCORPORATION < 0.01%TUESDAY MORNING CORP < 0.01%DRIL-QUIP INC < 0.01%APPLIED MICRO CIRCUITS CORP < 0.01%FXCM INC-A < 0.01%FEI COMPANY < 0.01%GRANITE CONSTRUCTION INC < 0.01%HEALTHWAYS INC < 0.01%SONIC AUTOMOTIVE INC-CLASS < 0.01%TIBCO SOFTWARE INC < 0.01%L FRWD SEK 9/17/2014 < 0.01%AST Portfolio Holdings36 of 635

AST Academic Strategies Asset Allocation Portfolio (continued)Security% of PortfolioALLSCRIPTS HEALTHCARE SOLUT < 0.01%NORTHWEST NATURAL GAS CO < 0.01%TOWERS WATSON & CO-CL A < 0.01%LIBERTY GLOBAL INC-A < 0.01%DARDEN RESTAURANTS INC < 0.01%FIRST CASH FINL SVCS INC < 0.01%AVANIR PHARMACEUTICALS INC < 0.01%ENDOLOGIX INC < 0.01%ULTRATECH INC < 0.01%WYNN RESORTS LTD < 0.01%GAMING AND LEISURE PROPERTI < 0.01%KYTHERA BIOPHARMACEUTICALS < 0.01%IPC THE HOSPITALIST CO < 0.01%FLEETMATICS GROUP PLC < 0.01%HORSEHEAD HOLDING CORP < 0.01%CROCS INC < 0.01%SPLUNK INC < 0.01%L FRWD CND 9/17/2014 < 0.01%UTI WORLDWIDE INC < 0.01%SCHWAB (CHARLES) CORP < 0.01%UMB FINANCIAL CORP < 0.01%GLIMCHER REALTY TRUST < 0.01%ELLIE MAE INC < 0.01%HEALTHCARE SERVICES GROUP < 0.01%TEXAS CAPITAL BANCSHARES IN < 0.01%SERVICENOW INC < 0.01%GREENHILL & CO INC < 0.01%RETAILMENOT INC < 0.01%AIRGAS INC < 0.01%B&G FOODS INC < 0.01%CASH COLLATERAL ISDA BRC US < 0.01%MDC HOLDINGS INC < 0.01%HAEMONETICS CORP/MASS < 0.01%TECO ENERGY INC < 0.01%RETAIL OPPORTUNITY INVESTME < 0.01%PERRIGO CO PLC < 0.01%TABLEAU SOFTWARE INC < 0.01%PAYCHEX INC < 0.01%DEAN FOODS CO < 0.01%XCEL ENERGY INC < 0.01%PENN VIRGINIA CORP < 0.01%RITE AID CORP < 0.01%ALPHA NATURAL RESOURCES INC < 0.01%AIR METHODS CORP < 0.01%MEDIDATA SOLUTIONS INC < 0.01%XPO LOGISTICS INC < 0.01%L FRWD JPY 9/17/2014 < 0.01%TREX COMPANY INC < 0.01%TRIANGLE PETROLEUM CORP < 0.01%MACERICH CO/THE < 0.01%EXAMWORKS GROUP INC < 0.01%ADT CORP/THE < 0.01%IRONWOOD PHARMACEUTICALS IN -0.01%GASLOG LTD -0.01%Security% of PortfolioSPECTRUM BRANDS HOLDINGS IN -0.01%SCORPIO TANKERS -0.01%ARMSTRONG WORLD INDUSTRIES -0.01%ROYAL GOLD INC -0.01%M & T BANK CORP -0.01%YAHOO! INC -0.01%MONRO MUFFLER BRAKE INC -0.01%HMS HOLDINGS CORP -0.01%TRANSDIGM GROUP INC -0.01%PACWEST BANCORP -0.01%CARMAX INC -0.01%RYLAND GROUP INC/THE -0.01%ATWOOD OCEANICS INC -0.01%NATIONAL OILWELL VARCO INC -0.01%QIAGEN N.V. -0.01%CRAY INC -0.01%AMBAC FINANCIAL GROUP INC -0.01%TEREX CORP -0.01%GOODYEAR TIRE & RUBBER CO -0.01%STATE STREET CORP -0.01%VIASAT INC -0.01%NORTHSTAR REALTY FINANCE -0.01%WEX INC -0.01%MARKETO INC -0.01%WORKDAY INC-CLASS A -0.01%LAMAR ADVERTISING CO-A -0.01%HALOZYME THERAPEUTICS INC -0.01%UNITED NATURAL FOODS INC -0.01%SPANSION INC-CLASS A -0.01%NEXSTAR BROADCASTING GROUP- -0.01%SPROUTS FARMERS MARKET INC -0.01%CLARCOR INC -0.01%(S) CME 2.750% IRS EUR 30Y 9/17/2044 -0.01%BOB EVANS FARMS -0.01%NORTHERN OIL AND GAS INC -0.01%BOYD GAMING CORP -0.01%WAGEWORKS INC -0.01%WRIGHT MEDICAL GROUP INC -0.01%MANITOWOC COMPANY INC -0.01%NORTHSTAR ASSET MANAGEMENT -0.01%KNOWLES CORP -0.01%MCDERMOTT INTL INC -0.01%CASH COLLATERAL ISDA BRC US -0.01%DARLING INGREDIENTS INC -0.01%L FRWD JPY 9/17/2014 -0.01%AMC NETWORKS INC-A -0.01%FIVE BELOW -0.01%ADVISORY BOARD CO/THE -0.01%VEECO INSTRUMENTS INC -0.01%ENPRO INDUSTRIES INC -0.01%APPLIED MATERIALS INC -0.01%MARSH & MCLENNAN COS -0.01%WR GRACE & CO -0.01%MOHAWK INDUSTRIES INC -0.01%AST Portfolio Holdings37 of 635

AST Academic Strategies Asset Allocation Portfolio (continued)Security% of PortfolioENSCO PLC-CL A -0.01%SINCLAIR BROADCAST GROUP -A -0.01%L FRWD EUR 9/17/2014 -0.01%JETBLUE AIRWAYS CORP -0.01%TYCO INTERNATIONAL LTD -0.01%MASTERCARD INC-CLASS A -0.01%SPECTRA ENERGY CORP -0.01%FREEPORT-MCMORAN INC -0.01%ACADIA HEALTHCARE CO INC -0.01%WEYERHAEUSER CO -0.01%PEABODY ENERGY CORP -0.01%ESTEE LAUDER COMPANIES-CL A -0.01%EXTERRAN HOLDINGS INC -0.01%INTERNATIONAL PAPER CO -0.01%HOMEAWAY INC -0.01%MEADWESTVACO CORP -0.01%NETFLIX INC -0.01%XEROX CORP -0.01%AIR PRODUCTS & CHEMICALS IN -0.01%NEW YORK COMMUNITY BANCORP -0.01%CONCUR TECHNOLOGIES INC -0.01%SANCHEZ ENERGY CORP -0.01%TAL INTERNATIONAL GROUP INC -0.01%HEARTWARE INTERNATIONAL INC -0.01%COMMUNITY HEALTH SYSTEMS IN -0.01%MGM RESORTS INTERNATIONAL -0.01%POST HOLDINGS INC -0.01%FINISAR CORPORATION -0.01%CARBO CERAMICS INC -0.01%HILTON WORLDWIDE HOLDINGS I -0.01%MONSANTO CO -0.01%SIGMA-ALDRICH -0.01%NAVISTAR INTERNATIONAL CORP -0.01%FNF GROUP -0.01%INSULET CORP -0.01%FASTENAL CO -0.01%FLOTEK INDUSTRIES INC -0.01%DREAMWORKS ANIMATION SKG-A -0.01%DIGITALGLOBE INC -0.01%INTERCONTINENTAL EXCHANGE I -0.01%TESLA MOTORS INC -0.01%GENERAL MOTORS CO -0.01%OWENS CORNING -0.01%ANTERO RESOURCES CORP -0.01%YELP INC -0.01%ADVANCE AUTO PARTS INC -0.01%PLUM CREEK TIMBER CO -0.01%CABELA'S INC -0.01%CIENA CORP -0.01%ALLIANCE DATA SYSTEMS CORP -0.01%RESTORATION HARDWARE HOLDIN -0.01%CHART INDUSTRIES INC -0.01%LIONS GATE ENTERTAINMENT CO -0.01%HAIN CELESTIAL GROUP INC -0.01%Security% of PortfolioTIFFANY & CO -0.01%SOTHEBY'S -0.01%BROOKDALE SENIOR LIVING INC -0.01%MARKEL CORP -0.01%CADENCE DESIGN SYS INC -0.01%SALESFORCE.COM INC -0.01%UNDER ARMOUR INC-CLASS A -0.01%TWITTER INC -0.01%L FRWD NOK 9/17/2014 -0.02%FANNIE MAE 8/12/2043 -0.03%L FRWD NOK 9/17/2014 -0.04%INDEX SWAP (NDDUEAFE) USDLI 10/08/2014 -0.30%INDEX SWAP (DJUBSTR) INDEX 10/08/2014 -0.47%AST Portfolio Holdings38 of 635

AST Advanced Strategies PortfolioSecurity% of PortfolioEDZ5 90DAY EURO$ FUTR 12/19/2015 7.60%PRUDENTIAL CORE INVESTMENT 4.96%TYU4 US 10YR NOTE (CBT) 10/05/2014 4.20%EDH6 90DAY EURO$ FUTR 3/19/2016 2.79%SPDR S&P 500 ETF TRUST 2.53%SPU4 S&P 500 FUTURE 9/24/2014 2.12%ERM5 3MO EURO EURIBOR 6/20/2015 2.03%ISHARES MSCI EAFE ETF 1.66%EDH5 90DAY EURO$ FUTR 3/21/2015 1.40%EDU5 90DAY EURO$ FUTR 9/19/2015 1.29%ERH5 3MO EURO EURIBOR 3/21/2015 1.20%ISHARES CORE U.S. AGGREGATE 1.19%EDU4 90DAY EURO$ FUTR 9/20/2014 1.19%TSY INFL IX N/B 7/15/2022 1.02%MFSU4 ICUS MINI ESCI EAFE 9/24/2014 0.86%EDM5 90DAY EURO$ FUTR 6/20/2015 0.85%TSY INFL IX N/B 1/15/2023 0.74%XMU4S AUST 10Y BOND FUT 9/21/2014 0.73%EDZ4 90DAY EURO$ FUTR 12/20/2014 0.59%US T NOTE .13% 8/01/2014 0.54%IKU4 EURO-BTP FUTURE 9/15/2014 0.52%ERU5 3MO EURO EURIBOR 9/19/2015 0.51%USU4 US LONG BOND (CBT) 10/05/2014 0.50%TSY INFL IX N/B 4/15/2018 0.50%TSY INFL IX N/B 1/15/2025 0.50%ISHARES RUSSELL 1000 VALUE 0.46%JPMORGAN CHASE & CO 0.46%TSY INFL IX N/B 1/15/2027 0.40%ISHARES JP MORGAN USD EMERG 0.40%L U4 90DAY STERLING FU 9/22/2014 0.40%TUH4 US 2YR NOTE (CBT) 10/15/2014 0.39%BRAZIL-LTN 1/01/2015 0.39%TSY INFL IX N/B 1/15/2022 0.37%ISHARES RUSSELL 1000 GROWTH 0.36%GENERAL ELECTRIC CO 0.35%ISHARES RUSSELL 2000 ETF 0.34%FVU4S US 5YR NOTE (CBT) 10/08/2014 0.34%TSY INFL IX N/B 4/15/2029 0.33%TSY INFL IX N/B 7/15/2020 0.33%MERCK & CO. INC. 0.32%WI TREASURY SEC. 5/31/2021 0.32%BANK OF AMERICA CORP 0.31%CANADIAN PACIFIC RAILWAY LT 0.31%PFIZER INC 0.31%SOUTHWEST AIRLINES CO 0.31%TSY INFL IX N/B 2/15/2044 0.31%3MO EURO EURIBOR 10/28/2014 0.30%APACHE CORP 0.30%L U5 90DAY STERLING FU 9/21/2014 0.30%US TREASURY N/B 5/15/2044 0.30%GOVERNMENT NATIONAL MORTGAG 9/14/2016 0.30%CELANESE CORP-SERIES A 0.29%VANGUARD REIT ETF 0.29%SPANISH GOV'T 1/31/2023 0.28%Security% of PortfolioTSY INFL IX N/B 7/15/2021 0.28%CNU4S CAN 10YR BOND FUTURE 10/05/2014 0.28%CHEVRON CORP 0.28%MICROSOFT CORP 0.27%3M CO 0.27%MORGAN STANLEY 0.26%US TRE IN PRO BD .13% 8/01/2014 0.26%JOHNSON & JOHNSON 0.26%EXXON MOBIL CORP 0.26%FVU4 US 5YR NOTE (CBT) 10/08/2014 0.26%TSY INFL IX N/B 7/15/2023 0.26%MARSH & MCLENNAN COS 0.25%THERMO FISHER SCIENTIFIC IN 0.25%P G & E CORP 0.24%TIME WARNER INC 0.24%INTERNATIONAL PAPER CO 0.24%TOTAL SA 0.24%WELLS FARGO & CO 0.24%LOWE'S COS INC 0.24%NRG ENERGY INC 0.23%ISHARES TIPS BOND ETF 0.22%UNITED TECHNOLOGIES CORP 0.22%US BANCORP 0.22%TIME WARNER CABLE 0.22%ERZ4 3MO EURO EURIBOR 12/20/2014 0.22%TSY INFL IX N/B 4/15/2017 0.21%FANNIE MAE 8/18/2029 0.21%SPANISH GOV'T 10/31/2018 0.21%TSY INFL IX N/B 4/15/2016 0.21%MEXICAN BONOS 6/03/2027 0.20%FANNIE MAE 9/16/2029 0.20%ISHARES INTERMEDIATE CREDIT 0.20%TSY INFL IX N/B 1/15/2021 0.20%PROCTER & GAMBLE CO/THE 0.20%AT&T INC 0.19%TSY INFL IX N/B 1/15/2026 0.19%BUNDESOBL-I/L 4/15/2018 0.19%COMPASS GROUP 0.19%WI TREASURY SEC. 7/15/2024 0.19%HESS CORP 0.19%ROYAL DUTCH SHELL PLC-B SHS 0.19%RTAU4 RUSSELL 2000 MINI 9/19/2014 0.19%PEPSICO INC 0.19%EDM6 90DAY EURO$ FUTR 6/18/2016 0.18%WEYERHAEUSER CO 0.18%MEXICAN CETES 9/04/2014 0.18%AMERICAN EXPRESS CO 0.18%ROCHE HOLDING AG-GENUSSCHEI 0.18%ALLSTATE CORP 0.18%RXU4S EURO-BUND FUTURE 9/15/2014 0.18%CLM5 WTI CRUDE FUTURE 7/05/2015 0.18%BTPS 6/01/2018 0.17%AES CORP 0.17%KOHLS CORP 0.17%AST Portfolio Holdings39 of 635

AST Advanced Strategies Portfolio (continued)Security% of PortfolioCOVIDIEN PLC 0.17%US TREASURY BILL 9/18/2014 0.17%BTPS I/L 9/15/2024 0.17%TREASURY 1/22/2044 0.17%VINCI SA 0.16%METLIFE INC 0.16%ROYAL DUTCH SHELL PLC-ADR 0.16%CONTINENTAL AG 0.16%BTPS 8/01/2016 0.16%GENERAL MOTORS CO 0.16%SUMITOMO MITSUI FINANCIAL G 0.16%ASTRAZENECA PLC 0.16%AMGEN INC 0.16%ENTERGY CORP 0.15%TENCENT HOLDINGS LTD 0.15%BROOKFIELD ASSET MANAGE-CL 0.15%SPANISH GOV'T 7/30/2016 0.15%BTPS 5/01/2023 0.15%INTESA SANPAOLO 0.15%DAIKIN INDUSTRIES LTD 0.15%TSY INFL IX N/B 1/15/2020 0.15%HONEYWELL INTERNATIONAL INC 0.15%BTPS 9/01/2022 0.15%SUNCOR ENERGY INC 0.14%PHILIP MORRIS INTERNATIONAL 0.14%CARNIVAL CORP 0.14%UNION PACIFIC CORP 0.14%MEXICAN BONOS 12/18/2014 0.14%ORIX CORP 0.14%TSY INFL IX N/B 1/15/2029 0.14%BELLSOUTH CORP 4/26/2021 0.14%TEXAS INSTRUMENTS INC 0.14%CAPITA PLC 0.14%TATA MOTORS LTD 0.14%BANK RAKYAT INDONESIA PERSE 0.14%CSL LTD 0.14%BP PLC 0.14%BOEING CO/THE 0.13%SPANISH GOV'T 1/31/2018 0.13%FRANCE O.A.T. 5/25/2018 0.13%EXELON CORP 0.13%ASTELLAS PHARMA INC 0.13%SAMPO OYJ-A SHS 0.13%CAP GEMINI 0.13%BAKER HUGHES INC 0.13%XL GROUP PLC 0.13%SPANISH GOV'T 4/30/2017 0.13%FRANCE O.A.T. 4/25/2041 0.13%SCHWAB (CHARLES) CORP 0.13%ACTELION LTD-REG 0.13%GEBERIT AG-REG 0.13%BTPS 8/01/2018 0.13%AMERIPRISE FINANCIAL INC 0.13%EQT CORP 0.13%Security% of PortfolioBAYERISCHE MOTOREN WERKE AG 0.13%ATLAS COPCO AB-A SHS 0.13%RAYTHEON COMPANY 0.13%VALEO SA 0.12%COLOPLAST-B 0.12%OEU4 EURO-BOBL FUTURE 9/15/2014 0.12%PNC FINANCIAL SERVICES GROU 0.12%WESTERN UNION CO 0.12%AIA GROUP LTD 0.12%FANNIE MAE 8/12/2040 0.12%SECOM CO LTD 0.12%FNMA DISC NT 0% 1/28/2015 0.12%INVESCO LTD 0.12%SPECTRA ENERGY CORP 0.12%SPANISH GOV'T 4/30/2024 0.12%MEXICAN CETES T-BILLS 1/08/2015 0.12%TE CONNECTIVITY LTD 0.11%US TREASURY N/B 11/15/2043 0.11%CISCO SYSTEMS INC 0.11%PETROLEOS MEXICA 5/03/2019 0.11%ILLINOIS TOOL WORKS 0.11%MGM CHINA HOLDINGS LTD 0.11%SPANISH GOV'T 7/30/2017 0.11%BAIDU INC - SPON ADR 0.11%BARCLAYS BK NY 5/01/2015 0.11%DEPFA ACS BANK 1/15/2015 0.11%KAO CORP 0.11%ALIMENTATION COUCHE-TARD -B 0.11%PARTNERS GROUP HOLDING AG 0.11%KEYENCE CORP 0.10%DISCOVERY LTD 0.10%ST JAMES'S PLACE PLC 0.10%GOVERNMENT NATIONAL MORTGAG 4/15/2041 0.10%SMC CORP 0.10%SINOPEC GRP OVER 4/10/2024 0.10%US T BOND .13% 8/01/2014 0.10%US TREASURY BOND .13% 8/01/2014 0.10%DAITO TRUST CONSTRUCT CO LT 0.10%TSY INFL IX N/B TP19 1/15/2016 0.10%TEVA PHARMACEUTICAL-SP ADR 0.10%CI FINANCIAL CORP 0.10%YMU4 AUST 3YR BOND FUT 9/23/2014 0.10%AMADEUS IT HOLDING SA-A SHS 0.10%NOVO NORDISK A/S-B 0.10%MEDIATEK INC 0.09%FANUC CORP 0.09%CLZ5S WTI CRUDE FUTURE 1/05/2016 0.09%ALLY FINANCIAL 7/18/2016 0.09%VULCAN MATERIALS CO 0.09%BIDVEST GROUP LTD 0.09%NIPPON TELEGRAPH & TELEPHON 0.09%TELENOR ASA 0.09%BTPS 5/15/2017 0.09%BG GROUP PLC 0.09%AST Portfolio Holdings40 of 635

AST Advanced Strategies Portfolio (continued)Security% of PortfolioBTPS 9/15/2016 0.09%CLU4S WTI CRUDE FUTURE 10/05/2014 0.09%THERMO FISHER .40% 10/10/2014 0.09%FIFTH THIRD BANCORP 0.09%SWISS RE AG 0.09%TSY INFL IX N/B 7/15/2015 0.09%ESU4 S&P 500 EMINI FUT 9/24/2014 0.09%EDU6 90DAY EURO$ FUTR 9/24/2016 0.08%HOYA CORP 0.08%DAIMLER AG-REGISTERED SHARE 0.08%ALLIANZ SE-REG 0.08%SPANISH GOV'T 7/30/2015 0.08%GLENCORE FUND .69367% 10/07/2014 0.08%MEXICAN UDIBONOS 11/08/2046 0.08%ISHARES S&P 500 GROWTH ETF 0.08%HOUSING DEVELOPMENT FINANCE 0.08%INTERCONTINENTAL HOTELS GRO 0.08%KELLOGG CO 0.08%TSY INFL IX N/B 2/15/2043 0.08%BERKELEY GROUP HOLDINGS 0.08%GAS NATURAL SDG SA 0.08%HOLCIM US FIN 0.39111% 8/01/2014 0.08%SLOVENIA 11/01/2016 0.08%LOCKHEED MARTIN CORP 0.08%INGERSOLL-RAND PLC 0.08%ENERGY SELECT SECTOR SPDR 0.08%EMERSON ELECTRIC CO 0.08%BTPS 11/01/2022 0.08%FUJI HEAVY INDUSTRIES LTD 0.08%NXP SEMICONDUCTORS NV 0.07%ANADARKO PETROLEUM CORP 0.07%FANNIE MAE 11/27/2018 0.07%FANNIE MAE 9/18/2018 0.07%SWISS LIFE HOLDING AG-REG 0.07%AVON PRODUCTS INC 0.07%INTESA SANPAOLO 4/07/2015 0.07%NEW ZEALAND I/L 9/20/2025 0.07%BT GROUP PLC 0.07%NTT DOCOMO INC 0.07%CREDIT SUISSE GROUP AG-REG 0.07%BABCOCK INTL GROUP PLC 0.07%VODAFONE GROUP .55% 4/01/2015 0.07%GAZPROM 4/11/2018 0.07%OBRASCON HUARTE 4/28/2015 0.07%BANCO BRASL (CI) 1/22/2020 0.07%BANK NOVA SCOTIA 4/11/2017 0.07%DALLAS-FORT WORTH TX INTERN 11/01/2032 0.07%TSY INFL IX N/B 1/15/2028 0.07%LOS ANGELES CNTY CA PUBLIC 8/01/2040 0.07%INDONESIA (REP) 7/08/2021 0.07%TULLOW OIL PLC 0.07%CITIGROUP INC 5/01/2017 0.07%LEND LEASE GROUP 0.07%BANCO BILBAO NY 10/23/2015 0.07%Security% of PortfolioJUPITER FUND MANAGEMENT 0.07%SIKA AG-BR 0.07%ENEL SPA 0.07%BANK OF AMER CRP 12/01/2017 0.07%REPUBLIC SERVICES INC 0.07%NAVIENT CORP 0.07%BAE SYSTEMS PLC 0.07%SPANISH GOV'T 1/31/2017 0.07%ADECCO SA-REG 0.07%BALOISE HOLDING AG - REG 0.07%ONTARIO PROVINCE 6/02/2022 0.06%ZURICH INSURANCE GROUP AG 0.06%LBG CAPITAL NO.2 12/21/2019 0.06%RESONA HOLDINGS INC 0.06%NORDDEUTSCHE L/B 10/16/2015 0.06%NOVARTIS AG-REG 0.06%TSY INFL IX N/B 2/15/2042 0.06%JOHNSON MATTHEY PLC 0.06%MITSUI & CO LTD 0.06%KROTON EDUCACIONAL SA 0.06%WOODSIDE FINANCE 11/10/2014 0.06%VERIZON COMM INC 9/15/2016 0.06%VOLKSWAGEN AG 0.06%SBERBANK 2/07/2017 0.06%BTPS 8/01/2015 0.06%CISCO SYSTEMS 9/03/2015 0.06%CIELO SA 0.06%ING BANK NV 1/04/2016 0.06%THALES SA 0.06%CIT GROUP INC 2/15/2015 0.06%ECOPETROL SA 9/18/2023 0.06%FRANCE O.A.T. 10/25/2038 0.06%PORT AUTH OF NEW YORK & NEW 10/01/2062 0.06%SPANISH GOV'T 10/31/2023 0.06%TSY INFL IX N/B 1/15/2019 0.06%INDONESIA (REP) 3/09/2017 0.06%AVIVA PLC 0.06%DBS GROUP HOLDINGS LTD 0.06%ANHEUSER-BUSCH 1/15/2015 0.06%ECHOSTAR DBS 2/01/2016 0.06%COU4 BRENT CRUDE FUTR 8/19/2014 0.06%AMERIQUEST MORTGAGE SECURIT 7/25/2035 0.06%TSY INFL IX N/B 4/15/2028 0.06%BTPS 4/15/2016 0.06%OLD MUTUAL PLC 0.06%CANADIAN PACIFIC RAILWAY LT 0.06%EKSPORTFINANS 11/17/2014 0.06%NGZ4 NATURAL GAS FUTR 1/05/2015 0.06%CIFC FUNDING LTD 8/14/2024 0.06%STRUCTURED ADJUSTABLE RATE 2/25/2035 0.06%KDDI CORP 0.06%RIO TINTO LTD 0.06%BBVA BANCOMER SA 3/10/2016 0.06%CONSOL ENERGY INC 0.06%AST Portfolio Holdings41 of 635

AST Advanced Strategies Portfolio (continued)Security% of PortfolioMERCEDES-BENZ AUTO RECEIVAB 7/15/2015 0.06%STATOIL ASA 0.06%MITSUBISHI UFJ FINANCIAL GR 0.06%BRENNTAG AG 0.06%TREASURY 12/07/2040 0.06%SPANISH GOV'T 1/31/2022 0.06%CLU5 WTI CRUDE FUTURE 10/05/2015 0.06%BANK NOVA SCOTIA BDN 2/10/2015 0.06%FREENET AG 0.06%S FRWD EUR 8/05/2014 0.06%US TREASURY N/B 5/15/2024 0.06%CENTRICA PLC 0.06%COMCAST CORP-SPECIAL CL A 0.05%BNP PARIBAS 0.05%ENI SPA 0.05%HSBC HOLDINGS PLC 0.05%MANSARD MORTGAGES PLC 12/15/2049 0.05%JPMORGAN CHASE 3/01/2015 0.05%BTPS 7/15/2015 0.05%KONINKLIJKE AHOLD NV 0.05%FORD MOTOR CRED 5/15/2015 0.05%RESIDENTIAL ASSET MORTGAGE 9/25/2035 0.05%BNP PARIBAS HOME 11/02/2015 0.05%WACHOVIA MORTGAGE LOAN TRUS 10/25/2035 0.05%CTZS 4/29/2016 0.05%NGU4S NATURAL GAS FUTR 10/05/2014 0.05%NORDEA BANK AB 0.05%RATIONAL AG 0.05%TSY INFL IX N/B 2/15/2040 0.05%SWEDBANK AB - A SHARES 0.05%CAIXA ECONOMICA 5/13/2019 0.05%TELIASONERA AB 0.05%RUSSIAN FEDERATION SR UNSEC 3/31/2030 0.05%SAINSBURY (J) PLC 0.05%EDH7 90DAY EURO$ FUTR 3/18/2017 0.05%BERAB 2011-1 A1 12/30/2055 0.05%MUENCHENER RUECKVER AG-REG 0.05%BNP PARIBAS 11/07/2015 0.05%NEW ZEALAND GVT 4/15/2023 0.05%AXA SA 0.05%CHALLENGER LTD 0.05%MARUBENI CORP 0.05%NATIONAL AUSTRALIA BANK LTD 0.05%US TREASURY N/B 11/15/2023 0.05%COUNTRYWIDE ASSET-BACKED CE 4/25/2036 0.05%MIZUHO FINANCIAL GROUP INC 0.05%CLZ4S WTI CRUDE FUTURE 1/05/2015 0.05%JPMORGAN CHASE 1/20/2015 0.05%PETROBRAS 3/17/2024 0.05%CREDIT AGRICOLE SA 0.05%SLOVENIA 2/18/2024 0.05%TEVA PHARMACEUTICAL IND LTD 0.05%NATL AUSTRALIABK 6/30/2017 0.05%REPSOL SA 0.05%Security% of PortfolioCTZS 6/30/2015 0.05%ENERGY CORP 0.93% 9/03/2014 0.04%SANOFI 0.04%AOZORA BANK LTD 0.04%BPCE 7/15/2019 0.04%BENDIGO AND ADELAIDE BANK 0.04%WH SMITH PLC 0.04%BPCE 7/11/2024 0.04%YARA INTERNATIONAL ASA 0.04%AMERICA MOVIL SA 12/05/2022 0.04%BANK OF MONT CHI 12/08/2014 0.04%AUSTRALIAN GOVT. 3/15/2019 0.04%WM MORRISON SUPERMARKETS 0.04%INTESA SANPAOLO 4/11/2016 0.04%OMV AG 0.04%ERICSSON LM-B SHS 0.04%AAMES MORTGAGE INVESTMENT T 6/25/2035 0.04%AP MOELLER-MAERSK A/S-B 0.04%EDF 0.04%DELHAIZE GROUP 0.04%COV4S BRENT CRUDE FUTR OCT 9/20/2014 0.04%FISCHER (GEORG)-REG 0.04%TOYO TIRE & RUBBER CO LTD 0.04%DOWNER EDI LTD 0.04%PETROLEOS MEXICA 3/05/2020 0.04%STATOIL ASA 11/08/2018 0.04%PACIFIC GAS&ELEC 5/11/2015 0.04%ALTICE 5/15/2022 0.04%VODAFONE D NT .51% 6/01/2015 0.04%BTPS 6/01/2017 0.04%SUMITOMO CORP 0.04%COMCAST CORP-CLASS A 0.04%EUROFIMA 12/28/2018 0.04%ALSTOM 0.04%BTPS 11/01/2015 0.04%MICHELIN (CGDE) 0.04%ENTERGY CORP .949999% 8/05/2014 0.04%ISHARES IBOXX INVESTMENT GR 0.04%XUNTA DE GALICIA 4/03/2017 0.04%CHRYSLER GROUP 5/24/2017 0.04%DRSLF 20A A1R 144A 1/15/2022 0.04%JPMORGAN CHASE 3/01/2016 0.04%SPRINT NEXTEL 3/01/2017 0.04%OOREDOO INTL 2/16/2021 0.04%SPANISH GOV'T 10/31/2016 0.04%REPUBLIC OF PERU 3/30/2019 0.04%AFRICAN DEV BANK 3/23/2022 0.04%VOLKSWAGEN INTFN 11/18/2015 0.04%FRANCE O.A.T. 5/25/2045 0.04%BANCO NAC DESENV 9/26/2023 0.04%BK TOKYO-MIT UFJ 3/10/2017 0.04%KYOWA EXEO CORP 0.04%GMAC LLC 12/01/2014 0.04%TSY INFL IX N/B 1/15/2015 0.04%AST Portfolio Holdings42 of 635

AST Advanced Strategies Portfolio (continued)Security% of PortfolioWEST JAPAN RAILWAY CO 0.04%JUNTA CASTILLA 2/19/2018 0.04%HANNOVER RUECK SE 0.04%PETROBRAS 3/17/2017 0.04%ING GROEP NV-CVA 0.04%JAPANESE YEN 0.04%PETROLEOS DE VEN 4/12/2017 0.04%RHEINMETALL AG 0.04%SPANISH GOV'T 10/31/2015 0.04%SMURFIT KAPPA GROUP PLC 0.04%BTPS 12/01/2015 0.04%NISSAN MOTOR CO LTD 0.04%TESCO PLC 0.04%GLENCORE FUND .5799% 8/19/2014 0.04%ITALY GOV'T INT 8/04/2028 0.04%SOUFUN HOLDINGS LTD-ADR 0.04%MEXICAN BPA 1/04/2018 0.04%NEWGATE FUNDING PLC 12/15/2050 0.04%PERTAMINA 5/20/2023 0.04%DNB ASA 0.04%BAIDU INC 8/06/2018 0.04%CANADIAN NATL RE 3/30/2016 0.04%FORTESCUE METALS GROUP LTD 0.04%COM BK AUSTRALIA 3/16/2017 0.04%VERIZON COMM INC 9/15/2016 0.04%OATU4 EURO-OAT FUTURE 9/15/2014 0.04%VOESTALPINE AG 0.04%KONINKLIJKE PHILIPS NV 0.04%MEXICAN BONOS 6/09/2022 0.04%RENAULT SA 0.04%DAIHATSU MOTOR CO LTD 0.04%ANGLO AMERICAN PLC 0.04%SBERBANK 2/07/2022 0.04%SOCIETE GENERALE SA 0.04%SABMILLER HLD IN 1/15/2015 0.04%ODEBRECHT VIII/I 6/30/2021 0.04%CLM6 WTI CRUDE FUTURE 7/05/2016 0.04%BOLIDEN AB 0.04%TATE & LYLE PLC 0.04%LOS ANGELES CA CMNTY CLG DI 8/01/2049 0.04%CLZ6S WTI CRUDE FUTURE 1/05/2017 0.04%HERO MOTOCORP LTD 0.03%SLM CORP 0.03%RABOBANK NED NY 6/12/2015 0.03%US TREASURY N/B 11/15/2041 0.03%LLOYDS BANK PLC 12/29/2049 0.03%LEEK FINANCE PLC 9/21/2038 0.03%EUROPEAN CURRENCY 0.03%CHEUNG KONG HOLDINGS LTD 0.03%DELTA AIR 2012-1 5/07/2020 0.03%E.ON SE 0.03%DAIMLER FINANCE 3/10/2017 0.03%KENSAS CITY DIC NT .49% 8/01/2014 0.03%BTPS 3/01/2019 0.03%Security% of PortfolioINTL LEASE FIN 9/01/2018 0.03%ITAU UNIBANCO/KY 8/06/2022 0.03%HUABAO INTERNATIONAL HOLDIN 0.03%BTPS 9/01/2021 0.03%BANK HAPOALIM BM 0.03%YOKOHAMA RUBBER CO LTD 0.03%CLH6 WTI CRUDE FUTURE 4/05/2016 0.03%BANK OF AMER CRP 3/22/2016 0.03%INTERMEDIATE CAPITAL GROUP 0.03%HELLENIC T-BILL 10/10/2014 0.03%SLM STUDENT LOAN TRUST 7/15/2022 0.03%STADSHYPOTEK AB 10/10/2017 0.03%AMEC PLC 0.03%GO-AHEAD GROUP PLC 0.03%MEXICAN BPA 1/30/2020 0.03%MITSUBISHI CORP 0.03%NEWS AMER INC 12/15/2014 0.03%ECHOSTAR DBS 5/31/2015 0.03%DAIMLER FINANCE 1/09/2015 0.03%REP OF KOREA 6/10/2044 0.03%BASF SE 0.03%FANNIE MAE 6/25/2041 0.03%ARM HOLDINGS PLC 0.03%KRAFT FOODS GROU 6/04/2015 0.03%EDP-ENERGIAS DE PORTUGAL SA 0.03%HAMBURG LBK FIN 12/21/2015 0.03%ONEMAIN FINANCIAL ISSUANCE 9/18/2024 0.03%RWE AG 0.03%NATIONAL EXPRESS GROUP PLC 0.03%TAIWAN DOLLAR 0.03%LUKOIL INTL FIN 11/09/2020 0.03%ROSNEFT OIL CO 3/06/2017 0.03%GOVERNMENT NATIONAL MORTGAG 8/15/2040 0.03%EUROSAIL PLC 12/10/2044 0.03%FOSSE MASTER ISSUER PLC 10/18/2054 0.03%SOUTH AFRICA 7/24/2026 0.03%FHLMC GOLD .13% 8/01/2014 0.03%FHLMC GOLD .13% 8/01/2014 0.03%MONDI PLC 0.03%WAMU COMMERCIAL MORTGAGE SE 3/23/2045 0.03%BANCO NAC DESENV 4/14/2019 0.03%SPANISH GOV'T 7/30/2017 0.03%VIMPELCOM HLDGS 2/13/2019 0.03%BANDAI NAMCO HOLDINGS INC 0.03%CNP ASSURANCES 0.03%BANCO SANTANDER SA 0.03%US TREASURY N/B 8/15/2043 0.03%BANK OF AMERICA 6/15/2016 0.03%ASAHI KASEI CORP 0.03%BANCO BILBAO NY 5/16/2016 0.03%FANNIE MAE 6/01/2021 0.03%AEGON NV 0.03%QUEBEC PROVINCE 7/22/2026 0.03%DEUTSCHLAND I/L 4/15/2016 0.03%AST Portfolio Holdings43 of 635

AST Advanced Strategies Portfolio (continued)Security% of PortfolioBARCLAYS BK PLC 6/12/2021 0.03%GOVERNMENT NATIONAL MORTGAG 8/21/2044 0.03%(S) CME 3.000% IRS USD 30Y 6/19/2043 0.03%TENCENT HOLDINGS 5/02/2019 0.03%BTPS I/L 9/15/2018 0.03%BK NED GEMEENTEN 3/23/2015 0.03%US TREASURY N/B 7/31/2021 0.03%US T NOTE .13% 8/01/2014 0.03%US TREASURY NOTE .13% 8/01/2014 0.03%JX HOLDINGS INC 0.03%ALTEN 0.03%GERDAU TRADE INC 1/30/2021 0.03%SBERBANK 7/07/2015 0.03%OPTION ONE MORTGAGE LOAN TR 11/25/2034 0.03%VTB BANK 3/04/2015 0.03%TAQA ABU DHABI 1/12/2018 0.03%WELLS FARGO MORTGAGE BACKED 4/25/2035 0.03%FRANCE O.A.T.I/L 7/25/2018 0.03%JPMORGAN CHASE 2/26/2016 0.03%PRIMARY HEALTH CARE LTD 0.03%SANKYU INC 0.03%NEW ZEALAND GVT 5/15/2021 0.03%BPCE 11/18/2016 0.03%TOLL HOLDINGS LTD 0.03%LENNAR CORP 9/01/2014 0.03%NSWTC-DOMESTIC 3/01/2022 0.03%SKILLED GROUP LTD 0.03%TSY INFL IX N/B 4/15/2015 0.03%G U4 LONG GILT FUTURE 10/05/2014 0.03%MYER HOLDINGS LTD 0.03%SUMITOMO METAL MINING CO LT 0.03%PARK PLACE SECURITIES INC 7/25/2035 0.03%ELBIT SYSTEMS LTD 0.03%SCOR SE 0.03%TOHO HOLDINGS CO LTD 0.03%EXP-IMP BK KOREA 4/11/2022 0.03%ONTARIO PROVINCE 6/02/2021 0.03%THAI OIL PCL 1/23/2023 0.03%BARCLAYS PLC 0.03%CNOOC FIN 2014 4/30/2024 0.03%PETROFAC LTD 0.03%START TODAY CO LTD 0.03%BANCO SANTAN BS 4/06/2015 0.03%AIN PHARMACIEZ INC 0.03%AUTOBACS SEVEN CO LTD 0.03%PROSAFE SE 0.03%LUDGATE FUNDING PLC 1/01/2061 0.03%HEIWA CORP 0.03%HELLENIC T-BILL 9/19/2014 0.03%DBUBS 2011-LC2A A2 144A 7/10/2044 0.03%VOLKSWAGEN AUTO LOAN ENHANC 3/20/2017 0.03%(L) CME 1.500% IRS JPY 20Y 6/19/2033 0.03%BERICA RESIDENTIAL MBS SRL 3/31/2048 0.03%SKY PERFECT JSAT HOLDINGS 0.03%Security% of PortfolioALFRESA HOLDINGS CORP 0.03%SLM CORP 9/10/2015 0.03%MARINE HARVEST 0.03%PACE PLC 0.03%BB&T CORPORATION 6/15/2018 0.03%NORTHERN ROCK 4/20/2015 0.02%TELEFONICA EMIS 6/20/2016 0.02%BANK OF YOKOHAMA LTD/THE 0.02%DEPFA ACS BANK 11/14/2016 0.02%VIVENDI 0.02%INTL LEASE FIN 9/01/2014 0.02%BANC OF AMERICA FUNDING COR 10/03/2039 0.02%NEUBERGER BERMAN CLO LTD 7/25/2023 0.02%GOODMAN FUNDING 4/15/2021 0.02%EUROFIMA 4/07/2016 0.02%CARILLION PLC 0.02%EDM7 90DAY EURO$ FUT 6/24/2017 0.02%STADA ARZNEIMITTEL AG 0.02%CALSONIC KANSEI CORP 0.02%ENH5 WTI CRUDE FUTURE 2/24/2015 0.02%AUTOZONE INC 6/15/2016 0.02%ALLY FINANCIAL 6/26/2015 0.02%AOYAMA TRADING CO LTD 0.02%TSY INFL IX N/B 1/15/2024 0.02%TELECOM ITALIA SPA 0.02%NEWGATE FUNDING PLC 12/15/2050 0.02%BUCHER INDUSTRIES AG-REG 0.02%CNPC GENERAL CAP 5/14/2017 0.02%CIE FINANCIERE RICHEMON-REG 0.02%TELEFONICA SA 0.02%WINCOR NIXDORF AG 0.02%BRENT CRUDE FUTR 12/13/2014 0.02%SECURITAS AB-B SHS 0.02%TSUMURA & CO 0.02%FUYO GENERAL LEASE CO LTD 0.02%TIETO OYJ 0.02%YUE YUEN INDUSTRIAL HLDG 0.02%SANTANDER US 1/20/2015 0.02%FRANCE O.A.T.I/L 7/25/2021 0.02%BTPS 9/01/2028 0.02%BEAZLEY PLC 0.02%CAJA MADRID 12/14/2015 0.02%ITAU UNIBANCO NY YCD FRN 6/04/2015 0.02%WHEELOCK & CO LTD 0.02%GEN MOTORS FIN 7/10/2019 0.02%PARAGON GROUP COMPANIES PLC 0.02%GOVERNMENT NATIONAL MORTGAG 10/15/2040 0.02%HELVETIA HOLDING AG-REG 0.02%ARKEMA 0.02%MEXICAN BONOS 12/05/2024 0.02%AUSTRALIAN GOVT. 4/21/2023 0.02%ALLY FINANCIAL 2.75% 1/30/2017 0.02%PARGESA HOLDING SA-BR 0.02%AMERIQUEST MORTGAGE SECURIT 3/25/2036 0.02%AST Portfolio Holdings44 of 635

AST Advanced Strategies Portfolio (continued)Security% of PortfolioSTONE STREET TR 12/15/2015 0.02%GOLDMAN SACHS GROUP INC 0.02%PETROBRAS INTL 2/06/2015 0.02%GOLDMAN SACHS GP 10/01/2014 0.02%MINERAL RESOURCES LTD 0.02%ACS ACTIVIDADES CONS Y SERV 0.02%MORINAGA MILK INDUSTRY CO 0.02%BANK OF AMER CRP 4/01/2015 0.02%FUKUOKA FINANCIAL GROUP INC 0.02%EXPORT DEV CAN 3/16/2017 0.02%VOLKSWAGEN AUTO LOAN ENHANC 5/20/2015 0.02%ABBEY NATL TREAS 11/10/2014 0.02%FREDDIE MAC 10/02/2019 0.02%JP MORGAN CHASE COMMERCIAL 6/12/2043 0.02%DAIMLER FINANCE 3/28/2016 0.02%TREASURY 12/07/2028 0.02%VALEANT PHARMA 8/15/2021 0.02%DEUTSCHE BK FINL 3/02/2015 0.02%CRED AGRICOLE SA 9/19/2033 0.02%CITIGROUP INC 8/15/2017 0.02%BEAR STEARNS ALT-A TRUST 5/25/2035 0.02%ROYAL BK SCOTLND 3/16/2016 0.02%BTPS 5/15/2016 0.02%SKYWORTH DIGITAL HLDGS LTD 0.02%KROGER CO/THE 10/17/2016 0.02%QUEBEC PROVINCE 8/25/2021 0.02%S FRWD EUR 6/27/2016 0.02%US TREASURY FRN 4/30/2016 0.02%BRADKEN LTD 0.02%WESTPAC BANKING 11/26/2018 0.02%RYANAIR HOLDINGS PLC-SP ADR 0.02%GOLD FIELDS OROG 10/07/2020 0.02%SHIMACHU CO LTD 0.02%GMAC LLC 12/01/2014 0.02%LEASEPLAN CORP 5/16/2018 0.02%GOVERNMENT NATIONAL MORTGAG 1/15/2041 0.02%HARVEST OPERATIO 5/14/2018 0.02%FORD MOTOR CRED 4/15/2015 0.02%VIRGIN MEDIA SEC 4/15/2021 0.02%SPRINT NEXTEL 12/01/2016 0.02%MORGAN STANLEY 4/01/2018 0.02%NCUA GUARANTEED NOTES 12/08/2020 0.02%FRANCE O.A.T. 4/25/2026 0.02%GOVERNMENT NATIONAL MORTGAG 1/15/2042 0.02%INDONESIA (REP) 1/17/2018 0.02%BPE FINANCIACION 5/19/2016 0.02%INSTIT CRDT OFCL 12/08/2014 0.02%KINGBOARD CHEMICAL HOLDINGS 0.02%MATSUMOTOKIYOSHI HOLDINGS C 0.02%BANCO SANTANDER 1/19/2016 0.02%COUNTRYWIDE ALTERNATIVE LOA 2/25/2037 0.02%CITIGROUP INC 8/12/2014 0.02%ABBEY NATL TREAS 4/27/2016 0.02%CITIGROUP MORTGAGE LOAN TRU 10/25/2035 0.02%Security% of PortfolioFIRST PACIFIC CO 0.02%KYORIN HOLDINGS INC 0.02%GLAXOSMITHKLINE PLC 0.02%FRANCE O.A.T. 5/25/2023 0.02%GEN DE CATALUNYA 2/11/2020 0.02%LEGAL & GENERAL GROUP PLC 0.02%ROYAL BK SCOTLND 10/27/2014 0.02%3I GROUP PLC 0.02%DANIELI & CO 0.02%RMAC PLC 12/12/2036 0.02%MEXICAN PESO 0.02%METCASH LTD 0.02%MEGMILK SNOW BRAND CO LTD 0.02%BANC OF AMERICA LARGE LOAN 2/17/2051 0.02%NYKREDIT 1/01/2015 0.02%S X4S SOYBEAN FUTURE 11/23/2014 0.02%IMI PLC 0.02%VIRGIN MEDIA INVESTMENT HLD 2/21/2020 0.02%STADSHYPOTEK AB 10/02/2019 0.02%EUROPEAN INVT BK 8/10/2023 0.02%BARCLAYS BK PLC 11/29/2049 0.02%ENTERGY GULF ST 10/01/2020 0.02%NOF CORP 0.02%AIR NEW ZEALAND LTD 0.02%MEXICAN BONOS 5/29/2031 0.02%MEXICAN BONOS 11/18/2038 0.02%KFW 5/19/2021 0.02%VODAFONE GROUP 2/19/2016 0.02%FRANCE O.A.T.I/L 7/25/2015 0.02%NICHII GAKKAN CO 0.02%POLY PROPERTY GROUP CO LTD 0.02%BTPS 6/15/2015 0.02%AMERICA MOVIL SA 12/09/2024 0.02%RIO OIL FINANCE 7/06/2024 0.02%COZ5 BRENT CRUDE FUTR 11/18/2015 0.02%ING BANK NV 1/14/2016 0.02%RABOBANK 9/10/2015 0.02%NICHIREI CORP 0.02%FRANCE O.A.T.I/L 7/25/2019 0.02%COZ6S BRENT CRUDE FUTR 11/05/2016 0.02%FORD MOTOR CRED 10/01/2014 0.02%RESIDENTIAL ASSET SECURITIE 11/25/2035 0.02%DAIMLER FINANCE 4/10/2015 0.02%EDZ6 90DAY EURO$ FUTR 12/24/2016 0.02%ARRIUM LTD 0.02%COH5S BRENT CRUDE FUTR 2/17/2015 0.02%SHELL INTL FIN 11/10/2015 0.02%HSBC FINANCE CRP 6/01/2016 0.02%MACQUARIE GROUP 7.3% 8/01/2014 0.02%RZD CAPITAL LTD 3/25/2031 0.02%AUSTRALIAN DOLLAR 0.02%COUNTRYWIDE ASSET-BACKED CE 9/25/2034 0.02%NISHI-NIPPON CITY BANK LTD 0.02%DEUTSCHE BANK AG-REGISTERED 0.02%AST Portfolio Holdings45 of 635

AST Advanced Strategies Portfolio (continued)Security% of PortfolioUS TREASURY N/B 2/15/2029 0.02%KEIHIN CORP 0.02%CREDIT SUISSE MORTGAGE TRUS 4/26/2038 0.02%SHOUGANG FUSHAN RESOURCES G 0.02%TENCENT HOLDINGS 3/05/2018 0.01%MERILL LYNCH 4/25/2018 0.01%DEBENHAMS PLC 0.01%RESLOC UK PLC 12/15/2043 0.01%SEINO HOLDINGS CO LTD 0.01%RESLOC UK PLC 12/15/2043 0.01%CITIGROUP INC 1/15/2016 0.01%SPRINT NEXTEL 8/15/2017 0.01%EIZO CORP 0.01%KAZMUNAYGAS NAT 4/30/2043 0.01%BTPS I/L 9/15/2021 0.01%TSURUHA HOLDINGS INC 0.01%UK POUND STERLING 0.01%QUEBEC PROVINCE 12/01/2022 0.01%REP OF SLOVENIA 3/30/2026 0.01%(S) CME 2.750% IRS USD 30Y 6/19/2043 0.01%DEV BANK JAPAN 6/20/2023 0.01%HILLMARK FUNDING 5/21/2021 0.01%HONG KONG DOLLAR 0.01%QCU4S COCOA FUTURE - LI 9/21/2014 0.01%SLOVENIA 2/18/2024 0.01%PARK PLACE SECURITIES INC 9/25/2035 0.01%SWEDISH KRONA 0.01%QCZ4 COCOA FUTURE - LI 12/21/2014 0.01%MEXICAN BONOS 11/23/2034 0.01%HOZ4 NY HARB ULSD FUT 1/05/2015 0.01%HOME RETAIL GROUP 0.01%C Z4 CORN FUTURE 12/21/2014 0.01%CITIGROUP INC 9/15/2014 0.01%CITIGROUP INC 1/15/2015 0.01%VIACOM INC 9/15/2015 0.01%CASH COLLATERAL FUT GSC USD 0.01%SHELL INTL FIN 11/15/2016 0.01%ONEOK PARTNERS 2/01/2016 0.01%JP MORGAN CHASE COMMERCIAL 11/15/2043 0.01%HELLENIC REPUB 8/08/2017 0.01%BEAR STEARNS STRUCTURED PRO 1/26/2036 0.01%PORT AUTH OF NEW YORK & NEW 11/01/2030 0.01%PACIFIC BRANDS LTD 0.01%NEW ZEALAND GVT 12/15/2017 0.01%FRANKLIN CLO LTD 6/15/2018 0.01%BANCO SANTAN BS 1/14/2016 0.01%REALKREDIT DNMRK 1/01/2015 0.01%FREDDIEMAC STRIP 9/15/2042 0.01%GAZPROM 11/29/2015 0.01%ANGLOGOLD HOLDS 4/15/2020 0.01%UBS-BARCLAYS COMMERCIAL MOR 3/10/2046 0.01%XBZ4S GASOLINE RBOB FUT 1/05/2015 0.01%SOUTH AFRICA 7/24/2044 0.01%TEVA PHAR II/III 6/15/2015 0.01%Security% of PortfolioELEC DE FRANCE 1/20/2017 0.01%NGV5S COMDTY NATURAL GAS 11/05/2015 0.01%NGQ5 NATURAL GAS FUTR AUG 1 9/05/2015 0.01%CEDULAS TDA 6 FO 5/23/2025 0.01%ALROSA FINANCE 11/03/2020 0.01%PENTA CLO SA 6/04/2024 0.01%NGK5 NATURAL GAS FUTR MAY 1 4/05/2015 0.01%PHILIPPINES(REP) 6/17/2019 0.01%TELEFONICA EMIS 2/16/2016 0.01%CAJA MADRID 4.5% 4/26/2022 0.01%CITIGROUP COMMERCIAL MORTGA 10/15/2041 0.01%FIRSTENERGY CORP 0.01%ALENT PLC 0.01%CALIFORNIA ST 11/01/2037 0.01%TSY INFL IX N/B 7/15/2019 0.01%FRED OLSEN ENERGY ASA 0.01%AMERICAN MUNI PWR-OHIO INC 2/15/2050 0.01%LANARK MASTER ISSUER PLC 12/22/2054 0.01%SINGAMAS CONTAINER HLDGS 0.01%SAN DIEGO CNTY CA REGL ARPT 7/01/2040 0.01%ORIFLAME COSMETICS SA-SDR 0.01%COLOMBIA REP 7.375% 3/18/2019 0.01%VIMPELCOM 4/30/2018 0.01%GRAINCORP LTD-A 0.01%VESUVIUS PLC 0.01%AURUBIS AG 0.01%TREASURY 9/07/2039 0.01%HELLENIC RAILWAY 3/17/2017 0.01%TSY INFL IX N/B 4/15/2032 0.01%TOAGOSEI CO LTD 0.01%FORD MOTOR CRED 4/15/2016 0.01%DEUTSCHLAND I/L 4/15/2023 0.01%INDONESIA (REP) 2/17/2037 0.01%TRS DWRTFT TRS EQUITY 1ML+3 8/07/2014 0.01%BANC OF AMERICA FUNDING COR 1/20/2047 0.01%WASHINGTON MUTUAL MORTGAGE 4/25/2035 0.01%UNY GROUP HOLDINGS CO LTD 0.01%PEARSON DOL FIN 5/06/2018 0.01%UK TSY I/L STOCK 7/26/2016 0.01%LLOYDS BANK PLC 1/12/2015 0.01%QUEBEC PROVINCE 12/01/2021 0.01%FORD MOTOR CRED 1/17/2017 0.01%FRANCE O.A.T. 11/25/2024 0.01%REP OF SLOVENIA 10/09/2017 0.01%OPTION ONE MORTGAGE LOAN TR 11/25/2035 0.01%BCAP 2011-RR4 7A2 144A 2/26/2036 0.01%AVOCA CLO 9/15/2021 0.01%S FRWD JPY 8/05/2014 0.01%FORD MOTOR CRED 2/03/2017 0.01%OJSC RUSS AGRIC 12/27/2017 0.01%OVERSEAS PRI INV 5/15/2030 0.01%UK TSY I/L GILT 11/22/2055 0.01%CITIGROUP INC 5/31/2017 0.01%MERCATOR CLO PLC 2/18/2024 0.01%AST Portfolio Holdings46 of 635

AST Advanced Strategies Portfolio (continued)Security% of PortfolioFORD MOTOR CRED 9/15/2015 0.01%KOREA FINANCE CO 9/20/2016 0.01%BG ENERGY CAP 10/15/2016 0.01%BEAR STEARNS ASSET BACKED S 12/25/2035 0.01%SABMILLER HLD IN 1/15/2017 0.01%JP MORGAN CHASE 10/01/2017 0.01%BARCLAYS BK PLC 2/23/2015 0.01%MASTR ASSET BACKED SECURITI 6/25/2035 0.01%ECHOSTAR DBS 10/01/2014 0.01%VALORA HOLDING AG-REG 0.01%AUSDRILL LTD 0.01%BANKIA 1/17/2019 0.01%SPANISH GOV'T 1/31/2016 0.01%ITALY GOV'T INT 9/20/2016 0.01%UK GILT 4.250% 6/07/2032 0.01%DEUTSCHE TEL FIN 3/23/2016 0.01%EKSPORTFINANS 6/16/2015 0.01%COCOKARA FINE INC 0.01%WAMU MORTGAGE PASS-THROUGH 12/25/2035 0.01%W H5S WHEAT FUTURE (CBT) 3/22/2015 0.01%KILROY REALTY LP 11/03/2015 0.01%CANADIAN DOLLAR 0.01%HELLENIC T-BILL 8/18/2014 0.01%DUQUESNE LIGHT 12/01/2021 0.01%HERCULES (ECLIPSE 2006-4) P 10/25/2018 0.01%WOOD STREET CLO B.V. 11/22/2021 0.01%BAO-TRANS 12/12/2018 0.01%UNILEVER PLC 0.01%S FRWD EUR 9/03/2014 0.01%CITIBANK OMNI MASTER TRUST 8/15/2018 0.01%US T-BILL 0.0396% 12/18/2014 0.01%BTPS I/L 9/15/2016 0.01%SLOVENIA 10/26/2022 0.01%NEWGATE FUNDING PLC 12/01/2050 0.01%S FRWD BRC 8/04/2014 0.01%CREDIT SUISSE MORTGAGE TRUS 9/18/2039 0.01%DRYDEN LEVERAGED LOAN CDO 10/20/2020 0.01%NSWTC-I/L 11/20/2035 0.01%CHILE 8/05/2020 0.01%INT BK RECON&DEV 8/16/2016 0.01%COUNTRYWIDE HOME LOANS 5/25/2035 0.01%NGV4S NATURAL GAS FUTR 11/05/2014 0.01%BANCO SANTAN BS 2/13/2017 0.01%CNOOC FIN 2013 L 5/09/2023 0.01%MORGAN STANLEY 4/29/2016 0.01%BBVA BANCOMER SA 3/10/2016 0.01%KEIYO BANK LTD/THE 0.01%COUNTRYWIDE ALTERNATIVE LOA 5/25/2047 0.01%TSY INFL IX N/B 4/15/2019 0.01%NEW YORK TIMES 3/15/2015 0.01%BPE FINANCIACION 2/01/2017 0.01%AMERICAN MUNI PWR-OHIO INC 2/15/2047 0.01%PEPSICO INC 1/15/2015 0.01%HGU4 COPPER FUTURE 10/05/2014 0.01%Security% of PortfolioBANC OF AMERICA MORTGAGE SE 5/25/2035 0.01%RESIDENTIAL ASSET SECURITIE 9/25/2035 0.01%DAIRY CREST GROUP PLC 0.01%SPECTRA ENERGY 4/15/2018 0.01%BANK OF AMER CRP 5/23/2017 0.01%DARTY PLC 0.01%QWV4 WHITE SUGAR (LIF) 12/05/2014 0.01%UK GILT 4.250% 3/07/2036 0.01%HARBORVIEW MORTGAGE LOAN TR 11/19/2035 0.01%BEAR STEARNS ADJUSTABLE RAT 8/25/2035 0.01%ONTARIO PROVINCE 6/29/2022 0.01%GOSFORTH FUNDING PLC 4/24/2047 0.01%ROMANIA 11/07/2019 0.01%DEXIA MUNI AGNCY 2/16/2017 0.01%TOPPAN FORMS CO LTD 0.01%INDYMAC RESIDENTIAL ASSET B 7/25/2037 0.01%MONGOLIAN MINING 3/29/2017 0.01%CHICAGO IL TRANSIT AUTH SAL 12/01/2040 0.01%VORNADO DP LLC 9/13/2028 0.01%COUNTRYWIDE HOME LOANS 3/25/2035 0.01%FREDDIE MAC 9/01/2041 0.01%CSMC 2010-UD1 A 144A 12/18/2049 0.01%BCAP 2011-RR5 5A1 8/26/2037 0.01%HARBORVIEW MORTGAGE LOAN TR 5/19/2035 0.01%BELGIUM KINGDOM 3/05/2015 0.01%GOVERNMENT NATIONAL MORTGAG 6/15/2042 0.01%FREDDIE MAC 9/15/2034 0.01%ALLY FINANCIAL 3/15/2020 0.01%WESTPAC BANKING 8/14/2014 0.01%REYNOLDS AMERICA 10/30/2015 0.01%STRUCTURED ADJUSTABLE RATE 9/25/2035 0.01%BHARTI AIRTEL IN 5/20/2021 0.01%PLENUS CO LTD 0.01%BEAR STEARNS STRUCTURED PRO 12/26/2046 0.01%BCAP 2011-RR5 12A2 144A 3/26/2037 0.01%US TBILL 8/14/2014 0.01%KENTUCKY ST PROPERTY & BLDG 11/01/2025 0.01%GREENPOINT MORTGAGE PASS-TH 10/25/2033 0.01%TULLETT PREBON PLC 0.01%MOUNT GIBSON IRON LTD 0.01%RENGO CO LTD 0.01%SBV4S SUGAR #11 (WORLD) 12/20/2014 0.01%FIRSTGROUP PLC 0.01%ONTARIO PROVINCE 10/07/2019 0.01%BANCAJA FONDO DE TITULIZACI 10/25/2037 0.01%TRS DWRTFT TRS EQUITY 1ML+3 4/30/2015 0.01%CALIFORNIA ST 6/01/2037 0.01%NGH5S NATURAL GAS FUT 4/05/2015 0.01%ALROSA FINANCE 11/03/2020 0.01%REP SOUTH AFRICA 12/21/2018 0.01%NEWGATE FUNDING PLC 12/15/2050 0.01%FANNIE MAE 4/01/2030 0.01%COUNTRYWIDE ALTERNATIVE LOA 2/20/2047 0.01%WELLS FARGO MORTGAGE BACKED 3/25/2036 0.01%AST Portfolio Holdings47 of 635

AST Advanced Strategies Portfolio (continued)Security% of PortfolioMWZ4 RED WHEAT FUT MGE 12/28/2014 0.01%CITIGROUP INC 5/07/2015 0.01%BANC OF AMERICA MORTGAGE SE 9/25/2035 0.01%MEXICAN UDIBONOS 11/15/2040 0.01%INDIAN RUPEE 0.01%CRED SUIS NY 3/17/2015 0.01%SLM STUDENT LOAN TRUST 4/25/2019 0.01%FIRST HORIZON ALTERNATIVE M 3/25/2035 0.01%MLCC MORTGAGE INVESTORS INC 10/25/2035 0.01%KWZ4S KC HRW WHEAT FUT 1/05/2015 0.01%NEW YORK CITY NY MUNI WTR F 6/15/2040 0.01%NEW JERSEY ST TURNPIKE AUTH 1/01/2027 0.01%C H5 CORN FUTURE 3/22/2015 0.01%CITIGROUP INC 11/21/2017 0.01%CASH COLLATERAL CME SAL USD 0.01%(S) CME 1.250% IRS USD 2Y 6/17/2017 0.01%STRUCTURED ASSET MORTGAGE I 9/25/2047 0.01%BTPS 4/22/2017 0.01%GRANITE MASTER ISSUER PLC 12/20/2054 0.01%(S) ICE 1.000% CDX ITRAXX M 6/20/2019 < 0.01%INSTIT CRDT OFCL 4/10/2017 < 0.01%US TREASURY N/B 8/15/2042 < 0.01%NEW ZEALAND GVT 3/15/2019 < 0.01%NATURAL GAS FUTURE APR 15 4/01/2015 < 0.01%TRS DWFTRT EQUITY 1ML+28 JP 5/29/2015 < 0.01%FIRST HORIZON MORTGAGE PASS 5/25/2037 < 0.01%S FRWD AUD 8/05/2014 < 0.01%GOVERNMENT NATIONAL MORTGAG 3/15/2041 < 0.01%NSWTC-I/L 11/20/2025 < 0.01%APPLE INC 5/06/2024 < 0.01%EKSPORTFINANS 5/25/2016 < 0.01%TRS DWFRFT TRS EQUITY 1ML+4 8/07/2014 < 0.01%BANK OF AMER CRP 10/14/2016 < 0.01%COUNTRYWIDE ASSET-BACKED CE 7/25/2036 < 0.01%KOREA HYDRO & NU 9/19/2022 < 0.01%HONG LEONG ASIA LTD < 0.01%PREMIER FOODS PLC < 0.01%GRANITE MORTGAGES PLC. 7/20/2043 < 0.01%SYMPHONY CLO LTD 5/15/2019 < 0.01%CON-WAY INC 1/15/2018 < 0.01%PETROBRAS INTL 3/15/2019 < 0.01%CRUSADE GLOBAL TRUST 8/14/2037 < 0.01%WELLS FARGO MORTGAGE BACKED 3/25/2036 < 0.01%INF EUR R 2.1075-FRCPXTOB 1 10/08/2023 < 0.01%CAH5 MILL WHEAT EURO 4/05/2015 < 0.01%S FRWD DKK 10/01/2014 < 0.01%GSR MORTGAGE LOAN TRUST 5/25/2035 < 0.01%FANNIE MAE 2/25/2041 < 0.01%S X5S SOYBEAN FUTURE 11/22/2015 < 0.01%GS MORTGAGE SECURITIES TRUS 11/10/2045 < 0.01%FREDDIE MAC 8/15/2033 < 0.01%SLM CORP 1/25/2017 < 0.01%US TREASURY BILLS .09207% 3/05/2015 < 0.01%TRINITY MIRROR PLC < 0.01%Security% of PortfolioS FRWD NZD 8/05/2014 < 0.01%US T-BILL 0.042% 11/28/2014 < 0.01%TNK-BP FINANCE 3/20/2017 < 0.01%GSR MORTGAGE LOAN TRUST 4/25/2035 < 0.01%HARBORVIEW MORTGAGE LOAN TR 12/19/2036 < 0.01%MORGAN STANLEY 4/28/2015 < 0.01%CCH5 COCOA FUTURE 4/05/2015 < 0.01%BEAR STEARNS ADJUSTABLE RAT 8/25/2035 < 0.01%C Z5 CORN FUTURE 12/21/2015 < 0.01%S FRWD AUD 9/03/2014 < 0.01%GOVERNMENT NATIONAL MORTGAG 10/15/2040 < 0.01%FIAT FIN & TRADE 9/15/2014 < 0.01%TREASURY 9/07/2034 < 0.01%AUST & NZ BANK 10/06/2015 < 0.01%APPLE INC 5/06/2021 < 0.01%RUSSIA-EUROBOND 4/04/2042 < 0.01%GLENCORE FUN .64999% 10/16/2014 < 0.01%ELEC DE FRANCE 1/20/2017 < 0.01%COUNTRYWIDE HOME LOANS 2/20/2036 < 0.01%BANCAJA 1/25/2016 < 0.01%GOVERNMENT NATIONAL MORTGAG 11/15/2043 < 0.01%HARBORVIEW MORTGAGE LOAN TR 3/19/2036 < 0.01%PETROBRAS 1/15/2019 < 0.01%BEAR STEARNS ASSET BACKED S 11/25/2036 < 0.01%GOVERNMENT NATIONAL MORTGAG 3/20/2037 < 0.01%RESIDENTIAL FUNDING MTG SEC 9/25/2035 < 0.01%DUANE STREET CLO 1/11/2021 < 0.01%COUNTRYWIDE HOME LOANS 8/25/2034 < 0.01%EURO BK RECON&DV 9/01/2023 < 0.01%FHLMC STRUCTURED PASS THROU 7/25/2044 < 0.01%LCM LTD PARTNERSHIP 3/21/2019 < 0.01%CONTL AIRLINES 11/10/2019 < 0.01%TRS DWRTFT TRS EQUITY 1ML+4 < 0.01%MAGI FUNDING PLC 4/11/2021 < 0.01%RESIDENTIAL ACCREDIT LOANS, 6/25/2046 < 0.01%HBOS CAPITAL 3/29/2049 < 0.01%S FRWD EUR 8/05/2014 < 0.01%GOVERNMENT NATIONAL MORTGAG 3/15/2041 < 0.01%BEAR STEARNS ALT-A TRUST 11/25/2036 < 0.01%COUNTRYWIDE ALTERNATIVE LOA 12/25/2035 < 0.01%SPAIN KINGDOM 4/06/2029 < 0.01%NCUA GUARANTEED NOTES 10/07/2020 < 0.01%TRS DWRTFT TRS EQUITY 1ML+3 4/30/2015 < 0.01%US T-BILL .0402 9/18/2014 < 0.01%GOODMAN FUNDING 11/12/2020 < 0.01%RESIDENTIAL ASSET SECURITIZ 4/25/2035 < 0.01%JP MORGAN MORTGAGE TRUST 8/25/2037 < 0.01%WELLS FARGO MORTGAGE BACKED 7/25/2036 < 0.01%(S) CME 0.750% IRS USD 10Y 12/17/2016 < 0.01%NCUA GUARANTEED NOTES 11/06/2017 < 0.01%FANNIE MAE 6/01/2038 < 0.01%US T-BILLS 1/02/2015 < 0.01%LEHMAN ESCROW BOND (5252M0B 1/24/2099 < 0.01%FREDDIE MAC REFERENCE REMIC 4/15/2036 < 0.01%AST Portfolio Holdings48 of 635

AST Advanced Strategies Portfolio (continued)Security% of PortfolioSTRUCTURED ASSET MORTGAGE I 7/19/2035 < 0.01%WAMU MORTGAGE PASS-THROUGH 7/25/2046 < 0.01%INDYMAC INDX MORTGAGE LOAN 9/25/2046 < 0.01%EXP-IMP BK KOREA 1/29/2021 < 0.01%CIT GROUP INC 5/15/2017 < 0.01%BRIT COLUMBIA 6/18/2042 < 0.01%WAMU MORTGAGE PASS-THROUGH 3/25/2036 < 0.01%GOVERNMENT NATIONAL MORTGAG 11/15/2040 < 0.01%HEALTH CARE REIT 5/15/2015 < 0.01%ACHMEA HYPOBK 11/03/2014 < 0.01%HCA INC 1/15/2015 < 0.01%(S) CME 1.750% IRS GBP 2Y 12/17/2016 < 0.01%US T-BILL .02516 9/18/2014 < 0.01%NISOURCE FINANCE .86% 10/09/2014 < 0.01%IRS OTC 6.800% MXN R HUS 12/26/2023 < 0.01%NV ENERGY INC 11/15/2020 < 0.01%ALTRIA GROUP INC 8/06/2019 < 0.01%IRO USD 30Y P 3.4500 9/21/2015 < 0.01%NGH6 NATURAL GAS FUTR 5 4/05/2016 < 0.01%BEAR STEARNS ALT-A TRUST 9/25/2035 < 0.01%MONTE DEI PASCHI 9/15/2016 < 0.01%NCUA GUARANTEED NOTES 12/08/2020 < 0.01%ALTRIA GROUP INC 11/10/2018 < 0.01%WELLS FARGO MORTGAGE BACKED 3/25/2036 < 0.01%CARDINAL HEALTH 6/15/2017 < 0.01%US T-BILL 0.066% 12/11/2014 < 0.01%RSX4 CANOLA FUTR (WCE) 11/23/2014 < 0.01%NGJ6S NATURAL GAS FUTR 5/05/2016 < 0.01%RENTENBANK 5/10/2017 < 0.01%BEAR STEARNS ALT-A TRUST 8/25/2036 < 0.01%GOVERNMENT NATIONAL MORTGAG 7/15/2040 < 0.01%UAL 2009-1 11/01/2016 < 0.01%S FRWD NOK 8/13/2014 < 0.01%FANNIE MAE 8/01/2041 < 0.01%US T-BILL 0.06336% 12/04/2014 < 0.01%BANC OF AMERICA LARGE LOAN 6/24/2050 < 0.01%STRUCTURED ADJUSTABLE RATE 2/25/2034 < 0.01%WACHOVIA MORTGAGE LOAN TRUS 3/20/2037 < 0.01%BCAP 2011-RR5 12A1 144A 3/26/2037 < 0.01%S FRWD MXP 1/08/2015 < 0.01%THORNBURG MORTGAGE SECURITI 6/25/2047 < 0.01%GSR MORTGAGE LOAN TRUST 1/25/2036 < 0.01%ADJUSTABLE RATE MORTGAGE TR 9/25/2035 < 0.01%TRS DWRTFT TRS EQUITY 1ML+4 11/07/2014 < 0.01%S FRWD MXP 9/23/2014 < 0.01%WELLS FARGO MORTGAGE BACKED 6/25/2035 < 0.01%BEAR STEARNS ADJUSTABLE RAT 1/25/2035 < 0.01%UK TSY I/L GILT 3/22/2062 < 0.01%RESIDENTIAL ACCREDIT LOANS, 2/25/2047 < 0.01%NEW YORK CITY NY TRANSITION 11/01/2025 < 0.01%CCU4S COCOA FUTURE 10/05/2014 < 0.01%QUEBEC PROVINCE 12/01/2041 < 0.01%(L) CME 4.500% IRS USD 5Y 6/19/2024 < 0.01%NEW YORK CITY NY TRANSITION 11/01/2024 < 0.01%Security% of Portfolio(L) CME 3.000% IRS USD 1Y 9/21/2017 < 0.01%NEW YORK CITY NY TRANSITION 11/01/2023 < 0.01%UK TSY I/L GILT 3/22/2058 < 0.01%SECURITIZED ASSET BACKED RE 5/25/2037 < 0.01%S FRWD GBP 8/05/2014 < 0.01%SEQUOIA MORTGAGE TRUST 7/20/2036 < 0.01%(L) ICE 1.000% CDX IG22 5Y 6/20/2019 < 0.01%RBSCF TRUST 12/16/2049 < 0.01%BEAR STEARNS ALT-A TRUST 1/25/2036 < 0.01%AQUILAE CLO PLC 1/17/2023 < 0.01%BEAR STEARNS ALT-A TRUST 3/25/2036 < 0.01%WAMU MORTGAGE PASS-THROUGH 1/25/2047 < 0.01%US TBILL .05% 10/16/2014 < 0.01%MERRILL LYNCH MORTGAGE INVE 2/25/2036 < 0.01%GENERAL MILLS IN 1/29/2016 < 0.01%VERIZON COMM INC 3/06/2015 < 0.01%S FRWD NZD 8/05/2014 < 0.01%GARNTAI SR UNSEC, 4/20/2016 < 0.01%COUNTRYWIDE HOME LOANS 10/20/2035 < 0.01%WALTER ENERGY 4/15/2021 < 0.01%CCZ4S COCOA FUTURE 1/05/2015 < 0.01%IRO USD 30Y P 3.4500 9/21/2015 < 0.01%COUNTRYWIDE ALTERNATIVE LOA 11/25/2046 < 0.01%CITIGROUP INC 10/15/2014 < 0.01%MORGAN STANLEY MORTGAGE LOA 6/25/2036 < 0.01%FANNIE MAE 11/01/2025 < 0.01%BEAR STEARNS ADJUSTABLE RAT 3/25/2035 < 0.01%S FRWD EUR 8/05/2014 < 0.01%RESIDENTIAL ASSET SECURITIE 9/25/2036 < 0.01%COUNTRYWIDE ALTERNATIVE LOA 2/25/2047 < 0.01%BEAR STEARNS ALT-A TRUST 8/25/2036 < 0.01%COMM MORTGAGE TRUST 7/10/2046 < 0.01%US TREASURY BILLS .09007% 3/05/2015 < 0.01%WAMU MORTGAGE PASS-THROUGH 10/25/2046 < 0.01%AMERICAN HOME MORTGAGE INVE 9/25/2045 < 0.01%STRUCTURED ASSET MORTGAGE I 5/25/2036 < 0.01%S FRWD MXP 10/22/2014 < 0.01%L FRWD EUR 8/01/2014 < 0.01%THE SUPERANNUATION MEMBERS 11/07/2040 < 0.01%NORTH CAROLINA STATE EDUCAT 10/26/2020 < 0.01%WELLS FARGO MORTGAGE BACKED 4/25/2036 < 0.01%RESIDENTIAL ACCREDIT LOANS, 9/25/2035 < 0.01%FANNIE MAE 6/25/2035 < 0.01%S FRWD EUR 8/05/2014 < 0.01%BTPS I/L 9/15/2026 < 0.01%SPANISH GOV'T 10/31/2028 < 0.01%EUROCREDIT CDO 2/22/2020 < 0.01%MASTR ADJUSTABLE RATE MORTG 12/25/2033 < 0.01%HARBORVIEW MORTGAGE LOAN TR 4/19/2034 < 0.01%SWAN 5/12/2037 < 0.01%CHASE MORTGAGE FINANCE CORP 2/25/2037 < 0.01%S FRWD EUR 8/05/2014 < 0.01%CREDIT SUISSE MORTGAGE TRUS 4/25/2037 < 0.01%BRAZILIAN REAL < 0.01%AST Portfolio Holdings49 of 635

AST Advanced Strategies Portfolio (continued)Security% of PortfolioTHORNBURG MORTGAGE SECURITI 6/25/2047 < 0.01%BTPS 5/01/2017 < 0.01%RSH5 CANOLA FUTR (WCE) 3/22/2015 < 0.01%RSF5S CANOLA FUTR (WCE) 1/21/2015 < 0.01%BEAR STEARNS ADJUSTABLE RAT 1/25/2035 < 0.01%S FRWD AUD 8/05/2014 < 0.01%MORGAN STANLEY 1/16/2017 < 0.01%COUNTRYWIDE HOME LOANS 8/25/2034 < 0.01%COM FWD LLSBRT CAL .25 12/31/2014 < 0.01%WODST II-A CL-A1 EUR(ABS) 3/29/2021 < 0.01%JP MORGAN MORTGAGE TRUST 10/25/2035 < 0.01%BEAR STEARNS ALT-A TRUST 11/25/2035 < 0.01%BEAR STEARNS ADJUSTABLE RAT 2/25/2034 < 0.01%IRS AUD R 4.00 5Y DUB 6/18/2019 < 0.01%TORRENS TRUST 10/19/2038 < 0.01%DEUTSCHE ALT-A SECURITIES I 10/25/2018 < 0.01%AMERICAN GENERAL MORTGAGE L 3/25/2058 < 0.01%MAGI I-A A 6MEUR + 25BP 4/11/2021 < 0.01%BEAR STEARNS ASSET BACKED S 8/25/2036 < 0.01%S FRWD EUR 8/05/2014 < 0.01%JP MORGAN CHASE COMMERCIAL 5/15/2047 < 0.01%S FRWD MXP 12/18/2014 < 0.01%CDS JAPAN GOVT JP SP GST 6/20/2018 < 0.01%WAMU MORTGAGE PASS-THROUGH 11/25/2046 < 0.01%FIRST NLC TRUST 8/25/2037 < 0.01%NRZ6 NATURAL GAS SWAP 12/03/2016 < 0.01%NRF6 NATURAL GAS SWAP 1/03/2016 < 0.01%NRG6 NATURAL GAS SWAP 2/01/2016 < 0.01%GROSVENOR PLACE CLO BV 7/20/2021 < 0.01%CDS JAPAN GOVT JP SP GST 6/20/2018 < 0.01%UBS AG STAMFORD 12/20/2017 < 0.01%COUNTRYWIDE ALTERNATIVE LOA 9/25/2046 < 0.01%NRH6 NATURAL GAS SWAP 3/02/2016 < 0.01%US TREASURY BILLS .038% 10/23/2014 < 0.01%(L) CME 7.020% IRS MXN 6/08/2034 < 0.01%JP MORGAN MORTGAGE TRUST 4/25/2035 < 0.01%LEHMAN RECEIVABLES < 0.01%NRX6 NATURAL GAS SWAP 11/01/2016 < 0.01%INDYMAC INDA MORTGAGE LOAN 11/25/2035 < 0.01%L FRWD MXP 8/25/2014 < 0.01%BOART LONGYEAR LTD < 0.01%NRV6 NATURAL GAS SWAP 10/03/2016 < 0.01%FANNIE MAE 12/25/2036 < 0.01%NRQ6 NATURAL GAS SWAP 8/01/2016 < 0.01%NRU6 NATURAL GAS SWAP 9/02/2016 < 0.01%NRN6 NATURAL GAS SWAP 7/03/2016 < 0.01%S FRWD EUR 8/05/2014 < 0.01%PUMA FINANCE LIMITED 2/21/2038 < 0.01%NRM6 NATURAL GAS SWAP 5/31/2016 < 0.01%COUNTRYWIDE HOME LOANS 4/20/2035 < 0.01%NRK6 NATURAL GAS SWAP 5/02/2016 < 0.01%NRJ6 NATURAL GAS SWAP 4/03/2016 < 0.01%COUNTRYWIDE ALTERNATIVE LOA 6/25/2036 < 0.01%FANNIE MAE 11/01/2042 < 0.01%Security% of PortfolioCDS OTC 1.000% CHINA AS BRC 3/20/2019 < 0.01%CD COMMERCIAL MORTGAGE TRUS 10/15/2048 < 0.01%BEAR STEARNS ALT-A TRUST 2/25/2034 < 0.01%EAST ASIATIC CO LTD < 0.01%S FRWD MXP 10/22/2014 < 0.01%WAMU MORTGAGE PASS-THROUGH 6/25/2046 < 0.01%US TBILL 11/13/2014 < 0.01%FORD MOTOR .72% 3/03/2015 < 0.01%S FRWD RUB 8/15/2014 < 0.01%GOVERNMENT NATIONAL MORTGAG 1/15/2041 < 0.01%CLV4 WTI CRUDE FUTURE 11/05/2014 < 0.01%CREDIT SUISSE FIRST BOSTON 10/25/2034 < 0.01%HARBORVIEW MORTGAGE LOAN TR 7/19/2046 < 0.01%INF USD P 1.730 CPURNSA 4/15/2016 < 0.01%S FRWD BRC 9/03/2014 < 0.01%INSTIT CRDT OFCL 3/17/2016 < 0.01%MARSH & MCLENNAN 9/15/2015 < 0.01%S FRWD HUF 10/30/2014 < 0.01%DEUTSCHE ALT-A SECURITIES I 10/25/2036 < 0.01%LIF ACAL EURIBOR FUT @ 99 12/22/2014 < 0.01%S FRWD MXP 12/18/2014 < 0.01%BANC OF AMERICA MORTGAGE SE 6/25/2035 < 0.01%CD ITRAXX JAPAN20 SP 5Y 100 12/20/2018 < 0.01%WAMU MORTGAGE PASS-THROUGH 9/25/2036 < 0.01%MERRILL LYNCH MORTGAGE INVE 2/25/2033 < 0.01%RESIDENTIAL FUNDING MTG SEC 2/25/2036 < 0.01%PROVIDENT FUNDING MORTGAGE 8/25/2033 < 0.01%CREDIT SUISSE MORTGAGE TRUS 2/15/2040 < 0.01%BEAR STEARNS ADJUSTABLE RAT 1/25/2035 < 0.01%NATURAL GAS FUTURE JAN 15 2/05/2015 < 0.01%US TREASURY BILLS .07002% 9/04/2014 < 0.01%US T-BILLS 0.0605% 12/26/2014 < 0.01%ASSET BACKED FUNDING CERTIF 6/25/2034 < 0.01%LEHMAN ESCROW BOND (52517PN 11/16/2099 < 0.01%FANNIE MAE 3/25/2036 < 0.01%S FRWD NZD 9/03/2014 < 0.01%CDS OTC 1.000% JAPAN GOVT M 6/20/2018 < 0.01%GOVERNMENT NATIONAL MORTGAG 7/15/2040 < 0.01%MLCC MORTGAGE INVESTORS INC 10/25/2035 < 0.01%S FRWD EUR 6/15/2015 < 0.01%S FRWD EUR 8/05/2014 < 0.01%JP MORGAN MORTGAGE TRUST 7/25/2035 < 0.01%CITIGROUP MORTGAGE LOAN TRU 3/25/2034 < 0.01%JP MORGAN MORTGAGE ACQUISIT 3/25/2047 < 0.01%INDYMAC INDX MORTGAGE LOAN 7/25/2035 < 0.01%(L) CME 4.000% IRS USD 5Y 6/19/2024 < 0.01%JP MORGAN MORTGAGE ACQUISIT 8/25/2036 < 0.01%BCAP LLC TRUST 4/26/2037 < 0.01%L FRWD JPY 8/05/2014 < 0.01%FANNIE MAE 3/01/2044 < 0.01%JP MORGAN MORTGAGE TRUST 2/25/2036 < 0.01%FANNIE MAE 3/01/2025 < 0.01%INF USD P 1.860-CPURNSA 11/ 11/05/2016 < 0.01%WELLS FARGO MORTGAGE BACKED 9/25/2034 < 0.01%AST Portfolio Holdings50 of 635

AST Advanced Strategies Portfolio (continued)Security% of PortfolioTRS DWRTFT TRS EQUITY 1ML+4 < 0.01%RESIDENTIAL ASSET SECURITIZ 1/25/2046 < 0.01%S FRWD GBP 9/03/2014 < 0.01%CME CCP MARGIN COLLATERAL < 0.01%S FRWD BRC 9/03/2014 < 0.01%JP MORGAN MORTGAGE TRUST 8/25/2035 < 0.01%S FRWD NZD 8/05/2014 < 0.01%TBW MORTGAGE BACKED PASS TH 9/25/2036 < 0.01%INF USD P 1.825CPURNSA 11/29/2016 < 0.01%S FRWD EUR 8/05/2014 < 0.01%SPAIN GOV'T SW SP BOA 3/20/2019 < 0.01%BEAR STEARNS ADJUSTABLE RAT 3/25/2035 < 0.01%ST BARBARA LTD < 0.01%CDS OTC 1.000% JAPAN GOVT D 6/20/2018 < 0.01%S FRWD MXP 12/18/2014 < 0.01%CITIGROUP MORTGAGE LOAN TRU 12/25/2035 < 0.01%GROSVENOR PLACE CLO BV 7/20/2021 < 0.01%S FRWD BRC 8/04/2014 < 0.01%CDS OTC 1.000% CHINA AS MYC 3/20/2019 < 0.01%W Z4S WHEAT FUTURE(CBT) 12/21/2014 < 0.01%CD ITRAXX JAPAN19 SP 5Y 100 6/20/2018 < 0.01%STRUCTURED ADJUSTABLE RATE 12/25/2034 < 0.01%S FRWD MXP 12/18/2014 < 0.01%SOUTH AFRICAN RAN < 0.01%CDS JAPAN GOVT JP SP BOA 6/20/2018 < 0.01%INF EUR R 2.1075-FRCPXTOB 1 10/08/2023 < 0.01%INF EUR R 2.1075-FRCPXTOB 1 10/08/2023 < 0.01%FANNIE MAE 6/01/2035 < 0.01%HARBORVIEW MORTGAGE LOAN TR 7/19/2035 < 0.01%S FRWD EUR 8/05/2014 < 0.01%S FRWD IND 8/04/2014 < 0.01%BANC OF AMERICA MORTGAGE SE 9/25/2035 < 0.01%S FRWD EUR 6/13/2016 < 0.01%INF USD P 2.033-CPURNSA 4/15/2018 < 0.01%GSR MORTGAGE LOAN TRUST 1/25/2035 < 0.01%BEAR STEARNS ADJUSTABLE RAT 3/25/2035 < 0.01%INF EUR R 1.95-FRCPXTOB 7/25/2023 < 0.01%COUNTRYWIDE ALTERNATIVE LOA 3/25/2036 < 0.01%SLM CORP < 0.01%WASHINGTON MUTUAL ASSET-BAC 10/25/2036 < 0.01%IRS MXNR 7.15 20Y GLM 4/27/2034 < 0.01%CITIGROUP MORTGAGE LOAN TRU 9/25/2035 < 0.01%MORGAN STANLEY CAPITAL I TR 6/11/2049 < 0.01%NEW ZEALAND DOLLA < 0.01%CREDIT-BASED ASSET SERVICIN 7/25/2037 < 0.01%S FRWD CHF 8/13/2014 < 0.01%FANNIE MAE 7/01/2044 < 0.01%STRUCTURED ADJUSTABLE RATE 4/25/2034 < 0.01%COUNTRYWIDE ALTERNATIVE LOA 8/25/2037 < 0.01%MORGAN STANLEY CAPITAL INC 7/25/2036 < 0.01%CSAB MORTGAGE BACKED TRUST 12/25/2036 < 0.01%S FRWD IND 10/15/2014 < 0.01%LEHMAN ESCROW BOND (52517PQ 12/23/2099 < 0.01%WASHINGTON MUTUAL MORTGAGE 7/25/2046 < 0.01%Security% of PortfolioBANC OF AMERICA FUNDING COR 10/25/2036 < 0.01%S FRWD CND 9/18/2014 < 0.01%S FRWD EUR 6/15/2015 < 0.01%STRUCTURED ADJUSTABLE RATE 9/25/2034 < 0.01%S FRWD GBP 9/03/2014 < 0.01%S FRWD GBP 9/03/2014 < 0.01%STRUCTURED ASSET SECURITIES 10/28/2035 < 0.01%S FRWD GBP 9/03/2014 < 0.01%IRS AUD R 4.00 5Y BRC 6/18/2019 < 0.01%S FRWD EUR 6/15/2015 < 0.01%GOVERNMENT NATIONAL MORTGAG 6/15/2040 < 0.01%SPAIN GOV'T SW SP HUS 3/20/2019 < 0.01%COUNTRYWIDE HOME LOANS 6/25/2035 < 0.01%MORGAN STANLEY CAPITAL INC 5/25/2037 < 0.01%INF USD P 1.825-CPURNSA 11/29/2016 < 0.01%FREDDIE MAC 10/01/2036 < 0.01%S FRWD MXP 12/18/2014 < 0.01%INF USD P 1.845CPURNSA 11/29/2016 < 0.01%VARS SPX .04020025 10/17/2014 < 0.01%COUNTRYWIDE HOME LOANS 11/25/2034 < 0.01%S FRWD CHF 8/13/2014 < 0.01%SECURITIZED ASSET BACKED RE 12/25/2036 < 0.01%CME CCP INITAL MARGIN COLLA < 0.01%HARBORVIEW MORTGAGE LOAN TR 5/19/2033 < 0.01%BEAR STEARNS ADJUSTABLE RAT 5/25/2034 < 0.01%CITIGROUP MORTGAGE LOAN TRU 9/25/2035 < 0.01%VARS GOLDLNPM 0.075625 9/30/2014 < 0.01%S FRWD EUR 6/15/2015 < 0.01%S FRWD CHF 8/13/2014 < 0.01%US TREASURY BILLS .11211% 3/05/2015 < 0.01%SOUNDVIEW HOME EQUITY LOAN 11/25/2036 < 0.01%FREDDIE MAC 5/15/2036 < 0.01%MERRILL LYNCH MORTGAGE INVE 8/25/2036 < 0.01%FANNIE MAE 12/01/2036 < 0.01%(S) CME 1.250% IRS USD 2Y 3/18/2017 < 0.01%CREDIT SUISSE FIRST BOSTON 8/25/2033 < 0.01%S FRWD ZAR 10/15/2014 < 0.01%INF EUR R 1.95-FRCPXTOB 7/25/2023 < 0.01%S FRWD EUR 8/05/2014 < 0.01%IRS OTC 5.700% MXN R BOA 1/18/2019 < 0.01%COUNTRYWIDE ALTERNATIVE LOA 2/25/2036 < 0.01%WAMU MORTGAGE PASS-THROUGH 8/25/2035 < 0.01%S FRWD EUR 9/03/2014 < 0.01%ITRAXX JAPAN20 SP 5Y 100 BO 12/20/2018 < 0.01%(S) ICE 5.000% CDX HY22 5Y 6/20/2019 < 0.01%IRS MXP R 6.985% 5/19/2034 < 0.01%S FRWD BRC 9/03/2014 < 0.01%VARS GOLDLNPM .05405625 4/21/2016 < 0.01%S FRWD EUR 9/03/2014 < 0.01%S FRWD MXP 12/18/2014 < 0.01%COUNTRYWIDE ALTERNATIVE LOA 11/25/2035 < 0.01%COUNTRYWIDE ALTERNATIVE LOA 11/25/2035 < 0.01%INF USD P 1.727-CPURNSA 12/19/2015 < 0.01%IAN4S NWE 3.5% FO CK SP 8/05/2014 < 0.01%AST Portfolio Holdings51 of 635

AST Advanced Strategies Portfolio (continued)Security% of PortfolioIAZ4S NWE 3.5% FO CK SP 1/05/2015 < 0.01%IAX4S NWE 3.5% FO CK SP 12/03/2014 < 0.01%S FRWD BRC 9/03/2014 < 0.01%IAV4S NWE 3.5% FO CK SP 11/05/2014 < 0.01%S SPOT GBP 8/01/2014 < 0.01%S FRWD CHF 8/13/2014 < 0.01%IAU4S NWE 3.5% FO CK SP 10/05/2014 < 0.01%S FRWD MXP 12/18/2014 < 0.01%VARS GOLDLNPM 0.051756 8/06/2014 < 0.01%S FRWD EUR 6/15/2015 < 0.01%COUNTRYWIDE ALTERNATIVE LOA 6/25/2035 < 0.01%IAQ4S NWE 3.5% FO CK SP 9/03/2014 < 0.01%INF OTC 1.935% USD CPURNSA 10/23/2016 < 0.01%BEAR STEARNS ADJUSTABLE RAT 8/25/2035 < 0.01%MERRILL LYNCH MORTGAGE INVE 10/25/2037 < 0.01%VARS SLVRLND .09150625 4/21/2016 < 0.01%CREDIT-BASED ASSET SERVICIN 11/25/2036 < 0.01%RESIDENTIAL ASSET SECURITIE 7/25/2032 < 0.01%JP MORGAN MORTGAGE TRUST 11/25/2033 < 0.01%COM FWD GOCO CAL14 17 12/31/2014 < 0.01%STRUCTURED ASSET MORTGAGE I 10/19/2034 < 0.01%FREDDIE MAC 3/01/2035 < 0.01%S FRWD EUR 8/05/2014 < 0.01%R6Z4 GASOIL CK SPRD SW 1/05/2015 < 0.01%R6X4 GASOIL CK SPRD SW 12/03/2014 < 0.01%BEAR STEARNS ADJUSTABLE RAT 8/25/2033 < 0.01%R6V4 GASOIL CK SPRD SW 11/05/2014 < 0.01%S FRWD EUR 9/03/2014 < 0.01%R6U4 GASOIL CK SPRD SW 10/05/2014 < 0.01%R6Q4 GASOIL CK SPRD SW 9/05/2014 < 0.01%S FRWD EUR 9/03/2014 < 0.01%NRZ19 NATURAL GAS SWAP 12/01/2019 < 0.01%NRF19 NATURAL GAS SWAP 1/02/2019 < 0.01%NRG19 NATURAL GAS SWAP 2/03/2019 < 0.01%BRAZIL EM SP DUB 3/20/2016 < 0.01%NRH19 NATURAL GAS SWAP 3/03/2019 < 0.01%ITRAXX JPY20 5Y SP BRC 12/20/2018 < 0.01%NRX19 NATURAL GAS SWAP 11/03/2019 < 0.01%LONG BEACH MORTGAGE LOAN TR 10/25/2034 < 0.01%NRV19 NATURAL GAS SWAP 10/01/2019 < 0.01%S FRWD EUR 9/03/2014 < 0.01%NRU19 NATURAL GAS SWAP 9/02/2019 < 0.01%R6N4 GASOIL CK SPRD SW 8/05/2014 < 0.01%NRQ19 NATURAL GAS SWAP 8/02/2019 < 0.01%CD HSBC BANK PLC SNR SE SP 6/20/2019 < 0.01%NRN19 NATURAL GAS SWAP 7/01/2019 < 0.01%NRM19 NATURAL GAS SWAP 6/03/2019 < 0.01%NRK19 NATURAL GAS SWAP 5/01/2019 < 0.01%NRJ19 NATURAL GAS SWAP 4/02/2019 < 0.01%S SPOT GBP 8/01/2014 < 0.01%S SPOT JPY 8/01/2014 < 0.01%WAMU MORTGAGE PASS-THROUGH 6/25/2033 < 0.01%ICE CCP INITAL MARGIN COLLA < 0.01%WASHINGTON MUTUAL MSC MORTG 2/25/2033 < 0.01%Security% of PortfolioGSR MORTGAGE LOAN TRUST 3/25/2033 < 0.01%DEUTSCHE ALT-A SECURITIES I 10/25/2036 < 0.01%CDS OTC 1.000% ITALY GOVT S 6/20/2017 < 0.01%ICE CCP INITIAL MARGIN COLL < 0.01%S FRWD EUR 8/05/2014 < 0.01%IRS OTC 5.700% MXN R DUB 1/18/2019 < 0.01%IRS OTC 5.700% MXN R GLM 1/18/2019 < 0.01%IRS OTC 5.700% MXN R JPM 1/18/2019 < 0.01%BEAR STEARNS ADJUSTABLE RAT 10/25/2033 < 0.01%INF OTC 2.172% USD CPURNSA 11/01/2018 < 0.01%IRO EUR 5Y P 1.00 GLM 11/17/2014 < 0.01%IRS MXN R TIIEM-7.02 8/06/2034 < 0.01%S FRWD GBP 9/03/2014 < 0.01%ASSET BACKED SECURITIES COR 9/25/2034 < 0.01%TRS DWFTRT TRS EQUITY 1ML+3 < 0.01%S FRWD IND 8/20/2014 < 0.01%S FRWD IND 8/20/2014 < 0.01%S FRWD CNY 10/15/2014 < 0.01%NELNET STUDENT LOAN TRUST 7/25/2018 < 0.01%MERRILL LYNCH MORTGAGE INVE 2/25/2037 < 0.01%S FRWD EUR 8/05/2014 < 0.01%INF USD P 2.175-CPURNSA 10/01/2018 < 0.01%VARS SLVRLND .1089 11/25/2015 < 0.01%WJAM5 LLS ARGUS V WTI S 7/05/2015 < 0.01%INF EUR R 1.95-FRCPXTOB 7/25/2023 < 0.01%INF EUR R 1.95-FRCPXTOB 7/25/2023 < 0.01%WJAK5 LLS ARGUS V WTI S 6/03/2015 < 0.01%WJAJ5 LLS ARGUS V WTI S 5/04/2015 < 0.01%VARS GOLDLNPM .06125625 11/25/2015 < 0.01%WJAH5 LLS ARGUS V WTI S 4/05/2015 < 0.01%S FRWD EUR 8/05/2014 < 0.01%WJAG5 LLS ARGUS V WTI S 3/04/2015 < 0.01%WJAF5 LLS ARGUS V WTI S 2/04/2015 < 0.01%CD ITALY GOVT SW SP BRC 3/20/2019 < 0.01%PERMANENT TSB GROUP HOLDING < 0.01%L FRWD EUR 8/05/2014 < 0.01%S SPOT CHF 8/04/2014 < 0.01%CDS OTC 1.000% ITALY GOVT D 3/20/2019 < 0.01%OTC ECAL KCU4 @ 210 GST 8/13/2014 < 0.01%S FRWD ZAR 10/15/2014 < 0.01%S FRWD CHF 8/13/2014 < 0.01%DANISH KRONE < 0.01%UNITED STATES GOVT SW SP BP 12/20/2014 < 0.01%S FRWD IND 9/02/2014 < 0.01%S SPOT GBP 8/04/2014 < 0.01%OTC VARS COU4 0.026896 8/18/2014 < 0.01%S FRWD GBP 9/03/2014 < 0.01%OTC VARS COQ4 0.035721 8/18/2014 < 0.01%S FRWD BRC 8/04/2014 < 0.01%S SPOT GBP 8/01/2014 < 0.01%WJAN5 LLS ARGUS V WTI S 8/05/2015 < 0.01%WJAQ5 LLS ARGUS V WTI S 9/05/2015 < 0.01%WJAU5LLS ARGUS V WTI S 10/05/2015 < 0.01%WJAV5 LLS ARGUS V WTI S 11/04/2015 < 0.01%AST Portfolio Holdings52 of 635

AST Advanced Strategies Portfolio (continued)Security% of PortfolioWJAX5 LLS ARGUS V WTI S 12/05/2015 < 0.01%WJAZ5 LLS ARGUS V WTI S 1/05/2016 < 0.01%OTC VARS COU4 0.027556 8/18/2014 < 0.01%SAUDI ARABIAN RIY < 0.01%S FRWD CND 9/18/2014 < 0.01%IRS BRL ZCS R 10.91-CDI 1/02/2017 < 0.01%S FRWD MXP 12/18/2014 < 0.01%IRS ON BRL ZCS R 10.91-CDI 1/02/2017 < 0.01%WAMU MORTGAGE PASS-THROUGH 11/25/2042 < 0.01%S FRWD JPY 8/05/2014 < 0.01%VARS SPGCCLP .040804 5/21/2015 < 0.01%IRS ON BRL ZCS R 10.91-CDI 1/02/2017 < 0.01%OTC VARS COV4 0.026569 9/17/2014 < 0.01%S FRWD EUR 9/03/2014 < 0.01%ECAL CLZ5 @ 150 11/25/2015 < 0.01%VARS SPGSCLP .045796 5/21/2015 < 0.01%OTC VARS CLU4 0.02839225 8/22/2014 < 0.01%VARS SPGSCLP .046225 5/21/2015 < 0.01%VARS CLM5 0.0324 DUB 5/21/2015 < 0.01%S FRWD SEK 8/13/2014 < 0.01%OTC VARS CLQ4 0.030276 8/18/2014 < 0.01%VARS CLM5 0.0324 DUB 5/21/2015 < 0.01%CD ITALY GOVT SW SP DUB 3/20/2019 < 0.01%CD ITALY GOVT SW SP HUS 3/20/2019 < 0.01%SECURITIZED ASSET BACKED RE 12/25/2036 < 0.01%L SPOT CND 7/31/2014 < 0.01%S FRWD BRC 8/04/2014 < 0.01%OTC VARS SPGCGCP .027225 6/18/2015 < 0.01%CD DJ CDX IG5 .4575% 12/20/2015 < 0.01%MERRILL LYNCH MORTGAGE INVE 9/25/2037 < 0.01%S FRWD RUB 8/15/2014 < 0.01%SWISS FRANC < 0.01%FANNIE MAE 9/01/2019 < 0.01%NORWEGIAN KRONE < 0.01%MORGAN STANLEY IXIS REAL ES 11/25/2036 < 0.01%OTC VARS CLU4 0.026569 8/22/2014 < 0.01%S FRWD CND 2/10/2015 < 0.01%NYM APUT CRUDE FUT @ 85 11/24/2014 < 0.01%DEXIA SA < 0.01%ICE APUT BRENT CRUDE FUT 11/15/2014 < 0.01%CDS OTC 1.000% ITALY GOVT B 6/20/2019 < 0.01%OTC VARS CLV4 0.025921 9/24/2014 < 0.01%ITALY GOVT SW SP BRC 6/20/2019 < 0.01%CDS OTC 1.000% ITALY GOVT S 6/20/2019 < 0.01%POLAND ZLOTY < 0.01%CDS OTC 1.000%ITALY GOVT SW 6/20/2019 < 0.01%ICE ACAL BRENT CRUDE FUT 8/16/2014 < 0.01%VARS DJUBS .0144 DUB 11/12/2014 < 0.01%OTC EPUT KCU4 @ 150 GST 8/13/2014 < 0.01%CDS OTC 1.000% ITALY GOVT D 6/20/2019 < 0.01%VARS DJUBS .0144 DUB 11/11/2014 < 0.01%LEIGHTON HOLDINGS LTD < 0.01%SINGAPORE DOLLAR < 0.01%LIF APUT EURIBOR FUT @ 99 12/22/2014 < 0.01%Security% of PortfolioOTC VARS CLU4 0.022500 9/10/2014 < 0.01%OTC VARS COV4 0.021904 9/10/2014 < 0.01%OTC EPUT PLATGOLD SPREAD @ 10/09/2014 < 0.01%OTC EPUT PLATGOLD SPREAD @ 10/07/2014 < 0.01%OTC EPUT KCU4 @ 150 JPM 8/13/2014 < 0.01%OTC EPUT KCU4 @ 150 CBK 8/15/2014 < 0.01%OTC ECAL USD VS INR @ 60.60 8/07/2014 < 0.01%ITRAXX.O P 1.10 EU21 5Y 9/24/2014 < 0.01%IRO USD 5Y C 1.56 JPM 9/09/2014 < 0.01%L FRWD CND 9/18/2014 < 0.01%ITRAXX.O P 1.10 EU21 5Y 9/24/2014 < 0.01%ITRAXX.O P 1.00 EU21 5Y 9/24/2014 < 0.01%CDS OTC 1.000% ITALY GOVT B 9/20/2019 < 0.01%NYM EPUT WTI-BRENT SPRD FUT 8/20/2014 < 0.01%CDS OTC 1.000% ITALY GOVT H 9/20/2019 < 0.01%ITRAXX.O P 1.10 EU21 5Y 9/24/2014 < 0.01%NYM ECAL WTI-BRENT SPRD FUT 11/19/2014 < 0.01%IRO USD10Y P 3.10 MYC 9/07/2014 < 0.01%ITRAXX.O P 0.95 EU21 5Y / 9/24/2014 < 0.01%CDS OTC 1.000% ITALY GOVT D 9/20/2019 < 0.01%COM FWD LLSBRT 2H14 -6.43 1/07/2015 < 0.01%OTC VARS SPGSSIP .0576 6/18/2015 < 0.01%INF FLOOR USD CPURNSA 217.9 10/05/2020 < 0.01%COM FWD LLSBRT 2H14 -6.25 1/07/2015 < 0.01%VARS DJUBS .0196 GST 2/10/2015 < 0.01%NYM EPUT WTI-BRENT SPRD FUT 11/19/2014 < 0.01%S SPOT JPY 8/01/2014 < 0.01%COM FWD LLSBRT 2H14 -6.20 1/07/2015 < 0.01%COM FWD LLSBRT K4-Z4 -6.50 1/07/2015 < 0.01%ITRAXX.O P 0.95 EU21 5Y 9/24/2014 < 0.01%ITRAXX.O P 0.95 EU21 5Y 9/24/2014 < 0.01%IRS BRL ZCS R 7.900 2/01/2015 < 0.01%CDS OTC 1.000% ITALY GOVT B 9/20/2019 < 0.01%IRO USD10Y C 2.500 9/07/2014 < 0.01%INF FLOOR USD CPURNSA@ 0 1/22/2018 < 0.01%S SPOT GBP 8/01/2014 < 0.01%OTC ECAL KCU4 @ 210 JPM 8/13/2014 < 0.01%BRAZIL LA SP FBF 12/20/2018 < 0.01%NYM ECAL WTI-BRENT SPRD FUT 8/20/2014 < 0.01%CBOT ACAL SOYBEAN @1170 8/27/2014 < 0.01%L SPOT MXP 8/01/2014 < 0.01%L FRWD BRC 8/04/2014 < 0.01%CDS OTC 1.000% BRAZIL LA BO 3/20/2019 < 0.01%CD MARSH BP 0.000% 9/20/2015 < 0.01%L FRWD CNY 9/08/2015 < 0.01%INF FLOOR USD CPURNSA 216.6 4/07/2020 < 0.01%ITRAXX.O P 0.95 EU21 5Y 12/22/2014 < 0.01%L FRWD JPY 8/01/2014 < 0.01%CBOT APUT SOYBEAN @1040 8/27/2014 < 0.01%IRO USD10Y C 2.550 9/09/2014 < 0.01%IRO USD10Y C 2.550 9/09/2014 < 0.01%CD CARDINAL 0.000% 6/20/2017 < 0.01%S SPOT CHF 8/05/2014 < 0.01%COM FWD GOCO CAL14 17.7 / 12/31/2014 < 0.01%AST Portfolio Holdings53 of 635

AST Advanced Strategies Portfolio (continued)Security% of PortfolioCOM FWD GOCO CAL14 17.7 / 12/31/2014 < 0.01%COM FWD GOCO CAL14 17.88 12/31/2014 < 0.01%COM FWD LLSBRT 2H14 -6.30 1/07/2015 < 0.01%INF CAP US @ 4 10Y JP 5/23/2024 < 0.01%OTC ECAL KCU4 @ 210 CBK 8/15/2014 < 0.01%NYM EPUT NATGAS FUT 3.65 9/01/2014 < 0.01%BRAZIL LA SP BOA 12/20/2018 < 0.01%BRAZIL LA SP DUB 12/20/2018 < 0.01%NYM ECAL WTI-BRENT SPRD FUT 11/19/2014 < 0.01%L FRWD CNY 9/08/2015 < 0.01%L SPOT GBP 8/01/2014 < 0.01%CMX APUT GOLD FUT @ 1270 9/01/2014 < 0.01%SOFTWARE CORP SNR JP SP CBK 12/20/2017 < 0.01%IRO EUR 5Y P 1.2350 11/17/2014 < 0.01%L FRWD CHF 8/04/2014 < 0.01%L FRWD MYR 8/29/2014 < 0.01%COM FWD HSFOCO CAL14 10.7 12/31/2014 < 0.01%IRO EUR 10Y C 1.2 GLM 2/22/2025 < 0.01%L FRWD CNY 9/08/2015 < 0.01%COM FWD HSFOCO CAL.10 12/31/2014 < 0.01%COM FWD HSFOCO CAL1410.10 1 1/05/2015 < 0.01%L FRWD CNY 9/08/2015 < 0.01%ECAL COZ5 @ 160 11/20/2015 < 0.01%S FRWD EUR 9/03/2014 < 0.01%RUSSIA EM SP BOA 1.0% 3/20/2019 < 0.01%RUSSIA EM SP BOA 1.0% 3/20/2019 < 0.01%RUSSIA EM SP GST 1.0% 3/20/2019 < 0.01%CDS OTC 1.000% RUSSIA EM BR 3/20/2019 < 0.01%S SPOT EUR 8/01/2014 < 0.01%BRAZIL LA SP GST 3/20/2019 < 0.01%CD RUSSIA EM SP JPM 9/20/2019 < 0.01%S FRWD ZAR 10/15/2014 < 0.01%NYM EPUT WTI-BRENT SPRD FUT 11/19/2014 < 0.01%OTC ECAL USD VS INR @ 61.30 8/19/2014 < 0.01%L SPOT JPY 1 8/04/2014 < 0.01%CD HEALTH CARE 0.000% 6/20/2015 < 0.01%L FRWD GBP 9/03/2014 < 0.01%NYM APUT NAT GAS FUT 9/01/2014 < 0.01%NYM ECAL WTI-BRENT SPRD FUT 11/17/2014 < 0.01%ITRAXX.O P 0.95 EU21 5Y 12/24/2014 < 0.01%L FRWD GBP 8/01/2014 < 0.01%L FRWD CNY 9/08/2015 < 0.01%BRAZIL LA SP BPS 12/20/2018 < 0.01%L FRWD MXP 9/23/2014 < 0.01%IRO USD 10Y P 3.0300 9/09/2014 < 0.01%(S)ICE CDX ITRAX MAIN21 10Y 6/20/2024 < 0.01%COM FWD GOCO CAL14 18.0 / 12/31/2014 < 0.01%L FRWD AUD 8/05/2014 < 0.01%L FRWD AUD 8/05/2014 < 0.01%OTC ECAL USD VS BRL @ 2.68 7/08/2015 < 0.01%CDS OTC 1.000% GREEK GOVT M 6/20/2015 < 0.01%CD RUSSIA EM SP CBK 3/20/2019 < 0.01%IRO EUR 10Y P 1.6 GLM 1/27/2015 < 0.01%L FRWD AUD 8/05/2014 < 0.01%Security% of PortfolioL FRWD AUD 8/05/2014 < 0.01%COM FWD CAL14 HSFOCO 11.00 12/31/2014 < 0.01%CBOT APUT USTN FUT @124.0 8/27/2014 < 0.01%COM FWD GOCO CAL14 17.10 12/31/2014 < 0.01%COM FWD GOCO CAL14 17.18 12/31/2014 < 0.01%(L) CME 5.630% IRS MXN 7/07/2021 < 0.01%L FRWD MXP 12/18/2014 < 0.01%L FRWD EUR 8/05/2014 < 0.01%L SPOT SEK 8/01/2014 < 0.01%COM FWD HSFOCO CAL.65 12/31/2014 < 0.01%EPUT USD VS JPY @ 80.00 BOA 2/25/2019 < 0.01%L FRWD IND 8/20/2014 < 0.01%L FRWD AUD 8/05/2014 < 0.01%CD RUSSIA EM SP HUS 3/20/2019 < 0.01%RUSSIA EM SP CBK 1.0% 3/20/2019 < 0.01%ITRAXX.O P 0.85 EU21 5Y 12/24/2014 < 0.01%CD CYTEC INC 0.000% 9/20/2017 < 0.01%L FRWD BRC 8/04/2014 < 0.01%L FRWD IND 10/15/2014 < 0.01%L FRWD AUD 8/05/2014 < 0.01%L FRWD BRC 8/04/2014 < 0.01%L FRWD MXP 12/18/2014 < 0.01%L FRWD AUD 8/05/2014 < 0.01%L FRWD IND 10/15/2014 < 0.01%L FRWD AUD 9/03/2014 < 0.01%L FRWD AUD 8/05/2014 < 0.01%L FRWD CNY 9/08/2015 < 0.01%CMX APUT GOLD FUT @ 1260 9/01/2014 < 0.01%OTC ECAL USD VS INR @ 61.30 8/19/2014 < 0.01%COM FWD HSFOCO CAL14 - 9.90 12/31/2014 < 0.01%COM FWD HSFOCO CAL14 - 9.88 12/31/2014 < 0.01%CD NY TIMES 0.000% 3/20/2015 < 0.01%OTC ECAL USD VS BRL @ 2.54 3/14/2015 < 0.01%L FRWD EUR 8/05/2014 < 0.01%L FRWD IND 10/15/2014 < 0.01%IRO USD10Y C 2.600 9/09/2014 < 0.01%L FRWD MXP 12/18/2014 < 0.01%L FRWD GBP 8/05/2014 < 0.01%L FRWD IND 10/15/2014 < 0.01%ZCS R 7.95-CDI MYC 1/02/2015 < 0.01%OTC ECAL USD VS INR @ 60.00 8/26/2014 < 0.01%(S) CME 0.400% IRS EUR 1Y 3/14/2015 < 0.01%OTC VARS COQ4 0.03705625 8/08/2014 < 0.01%IRS OTC 5.610% MXN R HUS 7/07/2021 < 0.01%OTC VARS SPX .012321 8/21/2014 < 0.01%INF USD P 2.50-CPURNSA 7/15/2022 < 0.01%SOFTWARE CORP SNR JP SP BOA 12/20/2017 < 0.01%L FRWD AUD 8/05/2014 < 0.01%INF USD P 2.41-CPURNSA 2/12/2017 < 0.01%L FRWD GBP 8/05/2014 < 0.01%OTC ECAL USD VS INR @ 60.00 8/26/2014 < 0.01%S FRWD ZAR 10/15/2014 < 0.01%BRAZIL LA SP GST 12/20/2018 < 0.01%L FRWD MXP 12/18/2014 < 0.01%AST Portfolio Holdings54 of 635

AST Advanced Strategies Portfolio (continued)Security% of PortfolioCD SANTANDER 0.000% 3/20/2015 < 0.01%CASH COLLATERAL ISDA MSC US < 0.01%L FRWD GBP 8/05/2014 < 0.01%L FRWD CNY 9/08/2015 < 0.01%L FRWD IND 8/04/2014 < 0.01%IRO USD 5Y 9 1.86 JPM 9/09/2014 < 0.01%CD BRAZIL LA SP CBK 3/20/2019 < 0.01%OTC EPUT USD VS JPY @ 91.0 2/23/2016 < 0.01%ZCS R 7.62-CDI DUB 1/02/2015 < 0.01%RUSSIA EM SP HUS1.0% 3/20/2019 < 0.01%CDS OTC 1.000% RUSSIA EM CB 3/20/2019 < 0.01%OTC ECAL USD VS BRL @ 2.60C 3/16/2015 < 0.01%L FRWD BRC 9/03/2014 < 0.01%L FRWD JPY 9/03/2014 < 0.01%L FRWD NZD 9/03/2014 < 0.01%L FRWD GBP 8/05/2014 < 0.01%S FRWD EUR 8/05/2014 < 0.01%COMM SWAP TBL-DJUBSTR BPS < 0.01%S FRWD JPY 9/03/2014 < 0.01%CDS OTC 1.000% BRAZIL JPM 3/20/2019 < 0.01%L FRWD NZD 8/05/2014 < 0.01%L FRWD EUR 8/05/2014 < 0.01%CASH SWAP COLLATERAL GOLDMA < 0.01%S FRWD GBP 9/11/2014 < 0.01%BRAZIL LA SP DUB 3/20/2019 < 0.01%(L) CME 5.610% IRS MXN 7/07/2021 < 0.01%OTC ECAL USD VS BRL @ 2.64B 6/15/2015 < 0.01%L FRWD MXP 9/23/2014 < 0.01%COMM SWAP TBL-DJUBSTR MYC 8/15/2014 < 0.01%CDS OTC 1.000% RUSSIA EM BO 3/20/2019 < 0.01%CD RUSSIA EM SP GST 9/20/2019 < 0.01%BRAZIL LA SP CBK 12/20/2018 < 0.01%L FRWD GBP 8/05/2014 < 0.01%COMM SWAP TBL-JMABNIC0 JPM 8/15/2014 < 0.01%S FRWD MXP 9/04/2014 < 0.01%BRAZIL LA SP JPM 12/20/2018 < 0.01%S FRWD MXP 9/04/2014 < 0.01%BRAZIL LA SP MYC 12/20/2018 < 0.01%CDS BRAZIL LA SP GST 9/20/2018 < 0.01%INF USD P 2.25-CPURNSA 7/15/2017 < 0.01%IRS BRC ZCS R 8.15% 1/02/2017 < 0.01%S FRWD EUR 9/03/2014 < 0.01%SWAPS COLLATERAL < 0.01%INF USD P 2.50-CPURNSA 7/15/2022 < 0.01%L FRWD JPY 9/03/2014 < 0.01%L FRWD EUR 8/05/2014 < 0.01%L FRWD PLZ 10/30/2014 < 0.01%L FRWD NOK 8/13/2014 < 0.01%BRAZIL LA SP CBK 9/20/2018 < 0.01%OTC ECAL USD VS BRL @ 2.65 5/29/2015 < 0.01%IRO USD 5Y P 2.500 9/21/2015 < 0.01%OTC ECAL USD VS BRL @ 2.65 6/13/2015 < 0.01%OTC ECAL USD VS BRL @ 2.65 6/13/2015 < 0.01%(S) CME IRS USD 3.750 6/18/2044 < 0.01%Security% of PortfolioCASH COLLATERAL ISDA BRC US < 0.01%(S) CME 3.500% IRS GBP 30Y 3/17/2015 < 0.01%CASH COLLATERAL ISDA USD < 0.01%IRS OTC 8.270% BRL ZCS MYC 1/02/2015 < 0.01%IRO USD 5Y P 2.50 RYL 9/30/2015 < 0.01%IRO USD 5Y P 2.500 9/21/2015 < 0.01%L FRWD IND 10/15/2014 < 0.01%CDX EM21 SP 5.00% 6/20/2019 < 0.01%L FRWD AUD 8/05/2014 < 0.01%OTC CDS ABX.HE.AAA. SP 7/25/2046 < 0.01%(S) CME 1.000% IRS JPY 10Y 9/18/2023 < 0.01%(S) CME 3.500% IRS USD 30Y 12/18/2043 < 0.01%CASH COLLATERAL FED FUND -0.01%COMM SWAP TBL-JMABNICP JPM -0.01%(L) CME 3.000% IRS USD 5Y 6/20/2023 -0.01%L FRWD EUR 8/05/2014 -0.01%CASH COLLATERAL ISDA USD -0.01%CASH COLLATERAL -0.01%(L) CME 3.500% IRS USD 5Y 12/17/2044 -0.01%L FRWD DKK 8/13/2014 -0.01%COMM SWAP TBL-DJUBSTR DUB 8/15/2014 -0.01%(S) CME 2.500% IRS USD 7Y 6/18/2021 -0.01%CASH COLLATERAL ISDA BRC US -0.01%CASH COLLATERAL ISDA BRC US -0.01%CDS OTC 0.110% ABX.HE.AAA.0 5/25/2046 -0.01%(S) CME 2.750% IRS EUR 30Y 9/17/2044 -0.01%COMM SWAP TBL-DJUBSTR BOA 8/15/2014 -0.02%FANNIE MAE 8/13/2042 -0.02%COMM SWAP TBL-DJUBSTR JPM -0.02%CASH COLLATERAL ISDA BRC US -0.02%CASH SWAP COLLATERAL GOLDMA -0.02%(S) CME 2.000% IRS EUR 10Y 9/17/2014 -0.03%CASH COLLATERAL ISDA -0.03%FNMA TBA 4.50% 9/13/2041 -0.04%COMM SWAP TBL-DJUBSTR2 CBK 8/15/2014 -0.05%FANNIE MAE 9/13/2042 -0.05%CASH COLLATERAL ISDA -0.05%FANNIE MAE 8/12/2044 -0.36%AST Portfolio Holdings55 of 635

AST Balanced Asset Allocation PortfolioSecurity% of Portfolio(296655) PRU CORE BOND PORT 8.87%PRUDENTIAL CORE INVESTMENT 8.52%(PDMH) AQR LARGE-CAP PORTFO 7.63%(PDMI) QMA LARGE-CAP PORTFO 7.63%(PDBD) WESTERN ASSET CORE P 6.55%(PDBP) PIMCO TOTAL RETURN B 5.18%(PD40) INT'L VALUE PORTFOLI 5.03%(PD50) INT'L GROWTH PORTFOL 5.01%(PDBW) CLEARBRIDGE DIVIDEND 3.81%(PDBJ) LOOMIS SAYLES LARGE 3.57%ESU4 S&P 500 EMINI FUT 9/24/2014 3.28%(3044) MFS GROWTH PORTFOLIO 2.71%(PDBS) LORD ABBETT CORE FIX 2.07%(PDVZ) GS STRATEGIC INCOME 2.05%(PDBT) GS LARGE CAP VALUE 1.93%TYU4 US 10YR NOTE (CBT) 10/05/2014 1.91%(300F) T.ROWE PRICE EQUITYI 1.90%TUU4 US 2YR NOTE (CBT) 10/08/2014 1.52%(296113) JENNISON LARGE-CAP 1.47%(PDX0) LARGE CAP VALUE PORT 1.43%(PDBV) MFS LARGE-CAP VALUE 1.43%(PDML) HERNDON LARGE CAP VA 1.42%(296111) JENNISON LARGE-CAP 1.40%(PDBK) TROWE LARGE CAP GROW 1.36%(PDBQ) AST NB CORE FIXED IN 1.30%(30A0) SMALL CAP VALUE PORT 1.30%(PDBU) WESTERN EMERGING MAR 1.25%(PD20) HIGH YIELD BOND PORT 0.99%(PD90) SMALL-CAP GROWTH 0.98%(3019) PIMCO LIMITED MATURI 0.72%(PD80) FEDERATED AGGRESSIVE 0.68%S&P 500 FUTURE 9/24/2014 0.57%(3036) GS SMALL-CAP VALUE 0.56%(3003) MONEY MARKET PORTFOL 0.43%RUSSELL 2000 MINI 9/19/2014 0.35%EURO STOXX 50 9/23/2014 0.30%TPU4 TOPIX INDX FUTR 9/17/2014 0.29%US TREASURY BILL 9/18/2014 0.29%FTSE 100 IDX FUT 9/24/2014 0.28%EUROPEAN CURRENCY 0.28%(PDBX) AQR EMERGING MARKETS 0.22%(PDBM) PARAMETRIC EMERGING 0.19%UK POUND STERLING 0.15%(PDZ0) NB/LSV MID-CAP VALUE 0.15%(PDW0) MID-CAP VALUE PORTFO 0.15%JAPANESE YEN 0.15%(PDAT) NEUBERGER MID-CAP GR 0.14%(3094) GS MID-CAP GROWTH 0.14%(PDBY) QMA EMERGING MARKETS 0.14%GXU4 DAX INDEX FUTURE 9/24/2014 0.10%CFQ4 CAC40 10 EURO FUT 9/10/2014 0.10%(3018) TROWE NATURAL RESOUR 0.08%US TREASURY BILL 9/18/2014 0.01%US TREASURY BILL 12/18/2014 < 0.01%Security% of Portfolio(PDMK) TEMPLETON BOND PORTF < 0.01%JAPAN YEN < 0.01%UK POUND STERLING < 0.01%EURO < 0.01%AST Portfolio Holdings56 of 635

AST BlackRock Global Strategies PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 17.23%XMU4 AUST 10YR FUT OPT C 9/17/2014 10.94%TYU4S US 10YR NOTE (CBT) 10/05/2014 5.51%ECU4S E-MINI CRUDE OIL 8/24/2014 3.94%NKU4 NIKKEI 225 (OSE) 9/17/2014 3.65%VGU4 EURO STOXX 50 9/23/2014 3.19%FINANCIAL SELECT SECTOR SPD 2.22%BP CURRENCY FUT 9/22/2014 2.21%NASDAQ 100 EMINI 9/24/2014 2.00%ISHARES MSCI EMU ETF 1.92%TYU4 US 10YR NOTE (CBT) 10/05/2014 1.58%US TREASURY N/B 7/31/2018 1.20%JPN YEN CURR FUT 9/22/2014 1.17%FVU4 US 5YR NOTE (CBT) 10/08/2014 1.09%Z U4S FTSE 100 FUTURE 9/24/2014 0.93%HEALTH CARE SELECT SECTOR 0.85%CASH COLLATERAL FUTS GSC US 0.75%CDU4S C$ CURRENCY FUT 9/22/2014 0.75%PTU4 S&P/TSX 60 IX FUT 9/23/2014 0.68%FANNIE MAE 8/01/2041 0.62%TUU4 US 2YR NOTE (CBT) 10/08/2014 0.46%ESU4S S&P 500 EMINI FUT 9/24/2014 0.38%FANNIE MAE 8/01/2041 0.36%RXU4 EURO-BUND FUTURE 9/15/2014 0.34%CITIGROUP INC 0.33%WNU4 US ULTRA BOND(CBT) 10/05/2014 0.31%FANNIE MAE 9/01/2041 0.31%ASTRAZENECA PLC 0.30%OEU4S EURO-BOBL FUTURE 9/15/2014 0.30%TIME WARNER INC 0.29%COMCAST CORP-CLASS A 0.29%GOOGLE INC-CL C 0.27%ROYAL DUTCH SHELL PLC-A SHS 0.27%FANNIE MAE 1/01/2043 0.25%HOME DEPOT INC 0.25%EDM5S 90DAY EURO$ FUTR 6/20/2015 0.24%USU4 US LONG BOND (CBT) 10/05/2014 0.24%CHEVRON CORP 0.22%NEWELL RUBBERMAID INC 0.22%IMPERIAL TOBACCO GROUP PLC 0.22%DISCOVERY COMMUNICATIONS-A 0.22%US TREASURY N/B 9/30/2017 0.22%ACTAVIS PLC 0.21%NOVO NORDISK A/S-B 0.21%DANAHER CORP 0.21%US TREASURY N/B 3/31/2020 0.20%GRUPO TELEVISA SA-SPON ADR 0.20%TSY INFL IX N/B 1/15/2024 0.20%AMERICAN INTERNATIONAL GROU 0.19%APACHE CORP 0.18%CIE FINANCIERE RICHEMON-REG 0.18%ROCHE HOLDING AG-GENUSSCHEI 0.18%TEVA PHARMACEUTICAL-SP ADR 0.18%AUTOZONE INC 0.17%Security% of PortfolioMITSUBISHI UFJ FINANCIAL GR 0.17%US TREASURY N/B 6/30/2018 0.16%JPMORGAN CHASE & CO 0.16%GOVERNMENT NATIONAL MORTGAG 6/20/2042 0.15%YAMAHA MOTOR CO LTD 0.15%FED FARM CREDIT 4/09/2020 0.15%CERNER CORP 0.14%BANK OF AMERICA CORP 0.14%CVS CAREMARK CORP 0.14%FANNIE MAE 8/01/2030 0.14%MERCK & CO. INC. 0.14%WI TREASURY SEC. 7/15/2024 0.13%TYZ4 US 10YR NOTE (CBT) 1/05/2015 0.13%SCHLUMBERGER LTD 0.13%ALKERMES PLC 0.13%AMERICAN CAPITAL LTD 0.13%3M CO 0.13%MITSUBISHI ELECTRIC CORP 0.13%ING GROEP NV-CVA 0.13%FREDDIE MAC 8/13/2042 0.13%US BANCORP 0.13%GOVERNMENT NATIONAL MORTGAG 8/20/2042 0.12%ALLY FINANCIAL INC PRVT 0.12%CREDIT SUISSE GROUP AG-REG 0.12%MARRIOTT INTERNATIONAL -CL 0.12%MASTERCARD INC-CLASS A 0.12%LOWE'S COS INC 0.12%CASH COLLATERAL DMGSW USD 0.12%CUMMINS INC 0.12%DISCOVER FINANCIAL SERVICES 0.12%GOODYEAR TIRE & RUBBER CO 0.11%HARTFORD FINANCIAL SVCS GRP 0.11%MAKITA CORP 0.11%TSY INFL IX N/B 4/15/2018 0.11%US TREASURY N/B 8/15/2043 0.11%EMC CORP/MA 0.10%APPLE INC 0.10%FVU4 US 5YR NOTE (CBT) 10/08/2014 0.10%FANNIE MAE 3/01/2034 0.10%FREDDIE MAC 8/13/2042 0.10%UNICREDIT SPA 0.10%TRW AUTOMOTIVE HOLDINGS COR 0.10%GOVERNMENT NATIONAL MORTGAG 9/20/2043 0.09%BNP PARIBAS 0.09%ESU4 S&P 500 EMINI FUT 9/24/2014 0.09%CAPITAL ONE FINANCIAL CORP 0.09%SUNCOR ENERGY INC 0.09%ENVISION HEALTHCARE HOLDING 0.09%BIOGEN IDEC INC 0.09%TRIMBLE NAVIGATION LTD 0.09%CISCO SYSTEMS INC 0.09%FREDDIE MAC 8/14/2028 0.09%NOKIA OYJ 0.09%MCKESSON CORP 0.09%AST Portfolio Holdings57 of 635

AST BlackRock Global Strategies Portfolio (continued)Security% of PortfolioSBERBANK-SPONSORED ADR 0.09%GOOGLE INC-CL A 0.09%UBU4S EURO BUXL 30Y BND 9/15/2014 0.08%AETNA INC 0.08%GMAC LLC 11/01/2031 0.08%GOVERNMENT NATIONAL MORTGAG 8/20/2042 0.08%WESCO INTERNATIONAL INC 0.08%WESTERN DIGITAL CORP 0.08%PFIZER INC 0.08%MARATHON PETROLEUM CORP 0.08%BRF SA 0.08%MEDTRONIC INC 0.07%CAESARS ENTERTAINMENT 10/11/2020 0.07%TSY INFL IX N/B 1/15/2025 0.07%FIRST DATA CORP 3/23/2018 0.07%FANNIE MAE 10/09/2019 0.07%SHELL PROJECT NOVA 12/31/2049 0.07%SPRINT CORP 9/15/2023 0.07%JAPAN YEN 0.07%POSCO 0.07%HALLIBURTON CO 0.07%ESTEE LAUDER COMPANIES-CL A 0.07%SANTANDER DRIVE AUTO RECEIV 12/15/2017 0.07%ORACLE CORP 0.07%UNIVERSAL HEALTH SERVICES-B 0.07%AID-EGYPT 9/15/2015 0.07%TSY INFL IX N/B 4/15/2016 0.07%DR PEPPER SNAPPLE GROUP INC 0.07%TUU4 US 2YR NOTE (CBT) 10/08/2014 0.07%MORGAN STANLEY 2/25/2023 0.07%TSY INFL IX N/B 7/15/2023 0.06%FANNIE MAE 5/01/2043 0.06%ROCKWELL COLLINS 12/15/2016 0.06%UNITEDHEALTH GROUP INC 0.06%SUNTRUST BANKS INC 0.06%MORGAN STANLEY CAPITAL I TR 3/12/2044 0.06%HLSS SERVICER ADVANCE RECEI 5/16/2044 0.06%BP PLC-SPONS ADR 0.06%US TREASURY N/B 8/15/2039 0.06%TSY INFL IX N/B 1/15/2023 0.06%QUALCOMM INC 0.06%CAESARS ENT OPER 2/15/2020 0.06%AMGEN INC 0.06%SANTANDER DRIVE AUTO RECEIV 11/15/2017 0.06%GOLDMAN SACHS GROUP INC 0.06%HEWLETT-PACKARD CO 0.06%MYLAN INC 0.06%FANNIE MAE 5/01/2041 0.06%PACKAGING CORP OF AMERICA 0.06%LAS VEGAS SANDS CORP 0.06%VIRGIN MEDIA SEC 4/15/2021 0.06%BEAR STEARNS COMMERCIAL MOR 6/11/2041 0.05%US TREASURY N/B 5/15/2030 0.05%TSY INFL IX N/B 1/15/2022 0.05%Security% of PortfolioGOVERNMENT NATIONAL MORTGAG 8/20/2043 0.05%TRAVELERS COS INC/THE 0.05%WNU4S US ULTRA BOND(CBT) 10/05/2014 0.05%FREDDIE MAC 8/01/2041 0.05%ROSS STORES INC 0.05%SLM STUDENT LOAN TRUST 9/15/2020 0.05%CERIDIAN HCM 3/15/2021 0.05%SANTANDER DRIVE AUTO RECEIV 2/15/2017 0.05%CAESARS ENTERTAINMENT OPERA 1/28/2018 0.05%UK POUND STERLING 0.05%SANTANDER DRIVE AUTO RECEIV 3/15/2019 0.05%AID-TUNISIA 7/24/2021 0.05%STRUCTURED AGENCY CREDIT RI 11/25/2023 0.05%GOVERNMENT NATIONAL MORTGAG 10/20/2038 0.05%CELGENE CORP 8/15/2018 0.05%GENWORTH FINANCIAL INC-CL A 0.05%CASH COLLATERAL DMGSW USD 0.05%TSY INFL IX N/B 4/15/2029 0.05%SLM STUDENT LOAN TRUST 10/16/2023 0.05%FANNIE MAE 9/01/2043 0.05%PEPSICO INC 11/01/2018 0.05%EXETER AUTOMOBILE RECEIVABL 5/15/2018 0.05%GNMA 30 YR MBS/POOL 8/15/2039 0.05%CERIDIAN CORP 7/15/2019 0.05%TSY INFL IX N/B 1/15/2021 0.05%FANNIE MAE 8/01/2038 0.05%MICRON TECHNOLOGY INC 0.05%COMCAST CORP 7/15/2022 0.05%COGNIZANT TECH SOLUTIONS-A 0.05%WISE METALS/WISE 12/15/2018 0.04%SLM STUDENT LOAN TRUST 3/15/2022 0.04%KBC GROEP NV 0.04%UNITED CONTINENTAL HOLDINGS 0.04%GMAC CAP TR I 0.04%FREDDIE MAC 8/01/2041 0.04%PARKER HANNIFIN CORP 0.04%GOVERNMENT NATIONAL MORTGAG 8/01/2041 0.04%DELTA AIR LINES INC 0.04%HUNTSMAN CORP 0.04%PRICELINE GROUP INC/THE 0.04%TEXAS COMP ELEC 10/10/2017 0.04%BEAR STEARNS ASSET BACKED S 12/25/2035 0.04%CONSOL ENERGY 4/15/2022 0.04%GATES GLOBAL LLC:TL-B 7/05/2021 0.04%VIACOM INC 9/01/2018 0.04%GOVERNMENT NATIONAL MORTGAG 7/20/2040 0.04%TSY INFL IX N/B 4/15/2019 0.04%DEUTSCHLAND I/L 4/15/2016 0.04%LB-UBS COMMERCIAL MORTGAGE 11/15/2040 0.04%NOKIA OYJ5.00% 10/26/2017 0.04%FANNIE MAE 8/01/2041 0.04%HD SUPPLY INC 7/15/2020 0.04%LYONDELLBASELL 11/15/2021 0.04%TEXAS COMP/TCEH 11/01/2016 0.04%AST Portfolio Holdings58 of 635

AST BlackRock Global Strategies Portfolio (continued)Security% of PortfolioVERIZON COMM INC 11/01/2016 0.04%DT AUTO OWNER TRUST 3/15/2019 0.04%AT&T INC 11/27/2018 0.04%HLSS SERVICER ADVANCE RECEI 1/16/2046 0.04%FREDDIE MAC 10/01/2041 0.04%MOLSON COORS BREWING CO -B 0.04%TRADE MAPS LTD 12/10/2018 0.04%PARK PLACE SECURITIES INC 5/25/2035 0.04%TE CONNECTIVITY LTD 0.04%TSY INFL IX N/B 1/15/2028 0.04%SANTANDER DRIVE AUTO RECEIV 11/15/2017 0.04%BROCADE COMMUNICATIONS SYS 0.04%FREDDIE MAC 3/01/2043 0.04%WELLS FARGO CO 1/22/2021 0.04%TSY INFL IX N/B 1/15/2029 0.04%SHELL INTL FIN 11/15/2016 0.04%WESTPAC BANKING 11/25/2016 0.04%BRANCH BKG & TR 12/01/2016 0.04%TRANSDIGM INC 7/15/2022 0.04%PERRIGO CO PLC 11/08/2016 0.04%DIGICEL LIMITED 4/15/2021 0.04%TSY INFL IX N/B 4/15/2028 0.04%BORGWARNER INC 0.04%NUMERICABLE 5/15/2022 0.04%SABINE PASS LIQU 5/15/2024 0.04%ACCESS GROUP INC 4/25/2029 0.04%SEQUA CORP 6/19/2017 0.04%NEIMAN MARCUS GR 10/15/2021 0.04%SALIX PHARMACEUTICALS LTD 0.04%JBU4S JPN 10Y BOND (OSE) 9/27/2014 0.04%NORFOLK SOUTHERN CORP 0.04%MASTERCARD INC 4/01/2024 0.04%APPLE INC 5/06/2021 0.03%FACEBOOK INC-A 0.03%FANNIE MAE 4/01/2044 0.03%BERKSHIRE HATH 8/15/2016 0.03%DOMTAR CORP 0.03%FANNIE MAE 8/01/2026 0.03%FREDDIE MAC 6/01/2044 0.03%SOUTHWEST AIRLINES CO 0.03%HUSKY ENERGY INC 4/15/2022 0.03%SEVEN GENS ENER 5/15/2020 0.03%TYCO INTERNATIONAL LTD 0.03%ECOLAB INC 12/08/2016 0.03%SANTANDER DRIVE AUTO RECEIV 5/15/2018 0.03%AM AIRLN 13-2 C 1/15/2017 0.03%BAIDU INC 8/06/2018 0.03%CAESARS ENT OPER 8/15/2020 0.03%SLM STUDENT LOAN TRUST 6/15/2021 0.03%SPRINT NEXTEL 11/15/2018 0.03%FIRST DATA CORP 6/15/2019 0.03%DOW CHEMICAL CO/THE 0.03%SANTANDER DRIVE AUTO RECEIV 8/15/2016 0.03%COVIDIEN INTL FI 6/15/2022 0.03%Security% of PortfolioMORGAN STANLEY 5/22/2023 0.03%BANK NOVA SCOTIA 12/13/2016 0.03%UCI INTL INC 2/15/2019 0.03%MICROSOFT CORP 0.03%CREDIT SUISSE FIRST BOSTON 2/15/2038 0.03%TSY INFL IX N/B 2/15/2042 0.03%SLM STUDENT LOAN TRUST 7/15/2022 0.03%ALTRIA GROUP INC 1/31/2044 0.03%MACY'S INC 0.03%BANK OF AMER CRP 4/01/2019 0.03%ZAYO GROUP LLC 7/01/2020 0.03%FREDDIE MAC 8/16/2042 0.03%TSY INFL IX N/B 7/15/2016 0.03%TESORO CORP 0.03%WABCO HOLDINGS INC 0.03%TRAVELPORT LLC 3/01/2016 0.03%GENERAL MOTORS 10/02/2043 0.03%CASH COLLATERAL USD CSFSW 0.03%GOVERNMENT NATIONAL MORTGAG 4/20/2043 0.03%SANDISK CORP 0.03%AMERICAN CREDIT ACCEPTANCE 8/10/2018 0.03%FANNIE MAE 10/01/2042 0.03%FREDDIE MAC 12/01/2040 0.03%HD SUPPLY INC 4/15/2020 0.03%TSY INFL IX N/B 1/15/2020 0.03%SLM STUDENT LOAN TRUST 3/15/2023 0.03%FREDDIE MAC 7/01/2039 0.03%HOME EQUITY ASSET TRUST 11/25/2035 0.03%JP MORGAN CHASE COMMERCIAL 5/15/2045 0.03%GOVERNMENT NATIONAL MORTGAG 12/20/2042 0.03%FIRST DATA CORP 8/15/2021 0.03%FIRST INVESTORS AUTO OWNER 9/15/2017 0.03%INFOR US INC 4/01/2019 0.03%GOVERNMENT NATIONAL MORTGAG 9/20/2042 0.03%NOVELIS INC 12/15/2020 0.03%GLOBAL SHIP 4/01/2019 0.03%TSY INFL IX N/B 1/15/2027 0.03%CENGAGE LEARNING ACQ 3/31/2020 0.03%HSBC HOLDINGS 4/05/2021 0.03%CROWN CASTLE INT 1/15/2023 0.03%TSY INFL IX N/B 2/15/2043 0.03%LEVEL 3 FIN INC 7/01/2019 0.03%AMDOCS LTD 0.03%NORTHSTAR EDUCATION FINANCE 5/28/2026 0.03%LYONDELLBASELL 4/15/2019 0.03%NOVARTIS CAPITAL 5/06/2024 0.03%MORGAN STANLEY CAPITAL I TR 6/11/2042 0.03%AMERICREDIT AUTOMOBILE RECE 11/08/2017 0.03%FANNIE MAE 3/01/2043 0.03%BP CAPITAL PLC 5/10/2019 0.03%CNOOC FIN 2014 4/30/2017 0.03%CCO HOLDINGS LLC 2/15/2023 0.03%HALCON RESOURCES 5/15/2021 0.03%BNP PARIBAS 3/17/2017 0.03%AST Portfolio Holdings59 of 635

AST BlackRock Global Strategies Portfolio (continued)Security% of PortfolioILLINOIS TOOL WK 3/01/2019 0.03%CITIGROUP INC 7/29/2019 0.03%GOVERNMENT NATIONAL MORTGAG 6/20/2042 0.03%AMERISOURCEBERGE 5/15/2017 0.03%VIACOM INC 4/01/2019 0.03%TOTAL SYSTEM SERVICES INC 0.03%CAPITAL ONE NA 7/23/2021 0.03%AVAGO TECHNOLOGIES 5/06/2021 0.03%GOVERNMENT NATIONAL MORTGAG 8/01/2041 0.03%CLEAR CHANNEL COMMUNICATION 1/30/2019 0.03%WELLS FARGO & CO 0.03%TSY INFL IX N/B 1/15/2026 0.03%GOVERNMENT NATIONAL MORTGAG 1/20/2041 0.03%FANNIE MAE 6/01/2044 0.03%US TREASURY N/B 1.625 6/30/2019 0.03%SEAGATE HDD CAYM 5/01/2020 0.03%UNITED RENTAL NA 11/15/2024 0.03%HD SUPPLY INC 4/15/2019 0.03%AMAYA B.V.:TL-C LOAN/TERM 7/14/2022 0.03%L-3 COMMS CORP 2/15/2021 0.03%EXP-IMP BK KOREA 1/14/2024 0.03%FANNIE MAE 8/01/2026 0.03%FREDDIE MAC 8/01/2026 0.03%CLEAR CHNL WORLD 11/15/2022 0.03%SLM STUDENT LOAN TRUST 8/15/2025 0.03%FANNIE MAE 9/01/2042 0.03%VIACOM INC 9/15/2015 0.03%CIRSA FUNDING LX 5/15/2018 0.03%HOWARD HUGHES 9/01/2023 0.03%GOVERNMENT NATIONAL MORTGAG 11/20/2042 0.03%ALTRIA GROUP INC 1/31/2024 0.03%LB-UBS COMMERCIAL MORTGAGE 7/15/2040 0.03%MEG ENERGY CORP 3/15/2021 0.03%CONTL AIRLINES 4/29/2018 0.03%GOLDMAN SACHS GP 5/10/2019 0.03%GEN ELEC CAP CRP 1/14/2019 0.03%US TREASURY N/B 5/15/2044 0.03%APPLE INC 5/04/2043 0.03%MEG ENERGY CORP 3/31/2024 0.03%OCEANEERING INTL INC 0.03%BRISTOL-MYERS SQUIBB CO 0.03%HLSS SERVICER ADVANCE RECEI 10/15/2045 0.03%GOVERNMENT NATIONAL MORTGAG 10/20/2039 0.03%PHONES4U FINANCE 4/01/2018 0.02%BNP PARIBAS 12/12/2018 0.02%CISCO SYSTEMS 3/01/2019 0.02%UNITYMEDIA 1/15/2023 0.02%TRANSDIGM INC 7/15/2024 0.02%LEGG MASON INC 7/15/2019 0.02%GE COMMERCIAL MORTGAGE CORP 3/10/2044 0.02%GOLDMAN SACHS GP 2/01/2041 0.02%WIND ACQ 7/15/2020 0.02%LAUREATE EDUCATI 9/01/2019 0.02%JOHNSON & JOHNSON 0.02%Security% of PortfolioLCM LTD PARTNERSHIP 4/15/2022 0.02%PECO ENERGY CO 9/15/2022 0.02%FANNIE MAE 8/01/2033 0.02%T-MOBILE USA INC 4/28/2021 0.02%FREDDIE MAC 5/01/2043 0.02%STONE ENERGY 11/15/2022 0.02%VERIZON COMM INC 9/15/2043 0.02%FREDDIE MAC 4/01/2043 0.02%BIOGEN IDEC INC 3/01/2018 0.02%FORD MOTOR CRED 6/12/2017 0.02%FANNIE MAE 5/01/2043 0.02%ACE INA HOLDINGS 5/15/2024 0.02%AMERICREDIT AUTOMOBILE RECE 7/09/2018 0.02%PETROLEOS MEXICA 6/02/2041 0.02%SLM STUDENT LOAN TRUST 8/15/2022 0.02%TSY INFL IX N/B 2/15/2041 0.02%SYMANTEC CORP 0.02%FANNIE MAE 5/01/2043 0.02%AT&T INC 9/01/2040 0.02%FANNIE MAE 1/01/2043 0.02%GMAC COMMERCIAL MORTGAGE SE 11/10/2045 0.02%ENERGY TRANS 1/15/2024 0.02%GMAC LLC 11/01/2031 0.02%TSY INFL IX N/B 7/15/2020 0.02%ACTAVIS FUNDING 6/15/2024 0.02%JP MORGAN CHASE COMMERCIAL 12/15/2044 0.02%STANDRD PAC CORP 1/15/2021 0.02%VIRG AUST 13-1C 10/23/2018 0.02%ISTAR FINANCIAL 11/15/2016 0.02%KEYCORP STUDENT LOAN TRUST 6/27/2029 0.02%HILCORP ENERGY I 4/15/2021 0.02%JPMORGAN CHASE 12/31/2049 0.02%FANNIE MAE 11/01/2042 0.02%CRESCENT RES LLC 8/15/2017 0.02%FREDDIE MAC 8/16/2042 0.02%SLM STUDENT LOAN TRUST 2/15/2022 0.02%TSY INFL IX N/B 2/15/2040 0.02%SUNOCO LOGISTICS 1/15/2023 0.02%DIAMONDBACK ENER 10/01/2021 0.02%AID-JORDAN 6/23/2019 0.02%FANNIE MAE 9/01/2032 0.02%BARCLAYS PLC 12/31/2049 0.02%ALCATEL-LUCENT USA INC: TL- 1/30/2019 0.02%JPMORGAN CHASE 12/31/2049 0.02%WACHOVIA BANK COMMERCIAL MO 1/15/2045 0.02%HOME DEPOT INC 12/16/2036 0.02%BANC OF AMERICA COMMERCIAL 9/10/2047 0.02%DIGICEL GROUP 9/30/2020 0.02%AMERICAN TOWER 2/15/2024 0.02%SABINE PASS LIQU 4/15/2023 0.02%CITIGROUP INC 1/10/2017 0.02%AMER HONDA FIN 10/07/2016 0.02%BP CAPITAL PLC 11/06/2022 0.02%VERIZON COMM INC 9/14/2018 0.02%AST Portfolio Holdings60 of 635

AST BlackRock Global Strategies Portfolio (continued)Security% of PortfolioJPMORGAN CHASE 10/30/2049 0.02%BANK OF AMER CRP 12/29/2049 0.02%HCA INC 2/15/2020 0.02%REALOGY GRP LLC 1/15/2020 0.02%FANNIE MAE 6/01/2042 0.02%CIT GROUP INC 8/01/2023 0.02%JCH PARENT INC 3/15/2019 0.02%AMERICAN ENERGY 9/30/2018 0.02%DIRECTV HLDGS/FN 3/01/2016 0.02%GALA GROUP FIN 9/01/2018 0.02%BEAR STEARNS COMMERCIAL MOR 9/11/2042 0.02%JAGUAR HLD/MERGE 12/01/2019 0.02%TENNECO PACKING 12/15/2025 0.02%JP MORGAN CHASE COMMERCIAL 8/15/2042 0.02%FANNIE MAE 4/01/2040 0.02%UNTD AIR 2013-1 8/15/2025 0.02%GOVERNMENT NATIONAL MORTGAG 8/20/2042 0.02%BP CAPITAL PLC 2/10/2024 0.02%STATION CASINOS 3/01/2021 0.02%HEWLETT-PACK CO 1/14/2019 0.02%CALPINE CORP 1/15/2025 0.02%MORGAN STANLEY 2/25/2016 0.02%SEAGATE HDD CAYM 11/15/2018 0.02%BUCKEYE PARTNERS 11/15/2018 0.02%GRIFOLS WORLDWIDE 2/27/2021 0.02%AMERICREDIT AUTOMOBILE RECE 6/08/2016 0.02%SLM STUDENT LOAN TRUST 3/15/2024 0.02%CATERPILLAR INC 5/15/2044 0.02%BANK OF AMER CRP 1/24/2022 0.02%JPMORGAN CHASE 2/26/2016 0.02%SANTANDER DRIVE AUTO RECEIV 11/15/2018 0.02%MONDELEZ INT INC 2/01/2019 0.02%GANNETT CO 10/15/2023 0.02%VERIZON COMM INC 6/09/2017 0.02%ROCKWELL COLLINS INC 0.02%SM ENERGY CO 1/15/2024 0.02%CITIGROUP INC 8/09/2020 0.02%REYNOLDS AMERICA 9/15/2023 0.02%FORD MOTOR CRED 12/06/2017 0.02%TOTAL CAP INTL 6/19/2019 0.02%GILEAD SCIENCES 4/01/2019 0.02%TOTAL CAP INTL 6/19/2021 0.02%CHUBB CORP 5/15/2018 0.02%MCDONALD'S CORP 6/10/2024 0.02%KENNAMETAL INC 0.02%GOLDMAN SACHS GP 1/22/2023 0.02%EBAY INC 8/01/2019 0.02%MCDONALD'S CORP 1/15/2022 0.02%TSY INFL IX N/B 7/15/2022 0.02%VODAFONE GROUP 9/26/2017 0.02%WEATHERFORD INTERNATIONAL P 0.02%TIME WARNER INC 6/01/2019 0.02%SEAGATE HDD CAYM 1/01/2025 0.02%SPRINT CORP 6/15/2024 0.02%Security% of PortfolioDAVITA HEALTHCAR 7/15/2024 0.02%VALE SA-SP ADR 0.02%TELECOM ITALIA 5/19/2023 0.02%EXXON MOBIL CORP 0.02%GOLDMAN SACHS GP 10/01/2037 0.02%SPRINT NEXTEL 3/01/2020 0.02%CALPINE CORP 1/15/2023 0.02%SUNGARD DATA 11/01/2019 0.02%ASHTEAD CAPITAL 7/15/2022 0.02%MORGAN STANLEY REREMIC TRUS 8/12/2045 0.02%AMSURG ESCROW 7/15/2022 0.02%ORTHO-CLINICAL DIAGNOSTICS 6/30/2021 0.02%CROWNROCK LP/CR 4/15/2021 0.02%FREDDIE MAC 8/01/2041 0.02%CHESAPEAKE ENRGY 3/15/2023 0.02%PETROLEOS MEXICA 1/23/2045 0.02%CC HOLDINGS GS V 4/15/2023 0.02%MORGAN STANLEY 7/15/2019 0.02%TRS KMU4 INDX FUTURE SWP 9/12/2015 0.02%INFOR SOFTWARE 5/01/2021 0.02%LEVEL 3 ESCROW 8/15/2022 0.02%COLUMBUS INTL 3/30/2021 0.02%INTELSAT JACKSON 8/01/2023 0.02%CITIGROUP INC 6/15/2016 0.02%O'REILLY AUTOMOT 6/15/2023 0.02%JP MORGAN CHASE COMMERCIAL 12/15/2044 0.02%FIRST DATA CORP 1/15/2021 0.02%CABOT CORP 0.02%FANNIE MAE 5/01/2041 0.02%INTRALOT FINANCE 8/15/2018 0.02%INTELSAT LUXEMB 6/01/2018 0.02%ACMP/ACMP FIN 4/15/2021 0.02%BUILDERS FIRSTSO 6/01/2021 0.02%MPL 2 ACQ CANCO 8/15/2018 0.02%FIFTH THIRD BANK 11/18/2016 0.02%SABINE PASS LNG 11/30/2016 0.02%CALFRAC HLDGS 12/01/2020 0.02%INTERACTIVE DATA CORP 5/02/2021 0.02%NOVARTIS CAPITAL 5/06/2044 0.02%MERRILL LYNCH MORTGAGE TRUS 7/12/2038 0.02%KROGER CO/THE 10/17/2016 0.02%AUTOZONE INC 1/13/2017 0.02%FREDDIE MAC 3/01/2043 0.02%SANTANDER DRIVE AUTO RECEIV 10/15/2019 0.02%LEVEL 3 COMMUNICATIONS INC 0.02%MICRON TECH 2/01/2025 0.02%SANTANDER DRIVE AUTO RECEIV 2/15/2018 0.02%FANNIE MAE 5/01/2026 0.02%WACHOVIA BANK COMMERCIAL MO 5/15/2046 0.02%MASTR ADJUSTABLE RATE MORTG 1/25/2035 0.02%BEAZER HOMES USA 9/15/2021 0.02%HCA INC 3/15/2022 0.02%NEXTERA ENERGY 9/15/2019 0.02%GATEGROUP FIN LU 3/01/2019 0.02%AST Portfolio Holdings61 of 635

AST BlackRock Global Strategies Portfolio (continued)Security% of PortfolioENERGY TRAN PTNR 10/01/2020 0.02%GEN ELEC CAP CRP 7/02/2015 0.02%CONNECTICUT AVENUE SECURITI 1/25/2024 0.02%CHESAPEAKE ENRGY 8/15/2020 0.02%REALOGY GRP / CO 4/15/2019 0.02%FORTESCUE METALS GROUP LTD 6/28/2019 0.02%FREDDIE MAC 2/01/2043 0.02%SALLIE MAE 10/03/2022 0.02%FLORIDA EAST COA 5/01/2019 0.02%FANNIE MAE 8/12/2043 0.02%MORGAN STANLEY CAPITAL I TR 12/12/2049 0.02%DIGICEL GROUP 4/01/2022 0.02%SANTANDER DRIVE AUTO RECEIV 10/15/2018 0.02%FREDDIE MAC 6/01/2043 0.02%GOLDMAN SACHS GP 1/24/2022 0.02%STATION CASINOS 3/02/2020 0.02%USU4S US LONG BOND (CBT) 10/05/2014 0.02%MORGAN STANLEY CAPITAL I TR 11/12/2049 0.02%SINCLAIR TELE 8/01/2024 0.02%ASTALDI SPA 12/01/2020 0.02%KRONOS INCORPORATED (BL) 4/30/2020 0.02%EL PASO CORP 1/15/2032 0.02%CAESARS ENT OPCO 1/28/2018 0.02%FREDDIE MAC 3/01/2038 0.02%IMS HEALTH INC 11/01/2020 0.02%SLM STUDENT LOAN TRUST 6/15/2023 0.02%WAVEDIVISION ESC 9/01/2020 0.02%BMC SOFTWARE FIN 7/15/2021 0.02%BANC OF AMERICA COMMERCIAL 10/10/2045 0.02%BEAZER HOMES USA 4/15/2018 0.02%PLY GEM INDS 2/01/2022 0.02%VALEANT PHARMA 8/15/2018 0.02%UNIQUE PUB FIN 3/30/2021 0.02%JBS INVESTMENTS 10/28/2020 0.02%HILTON WORLDWILD FINANCE LL 10/26/2020 0.02%RESOLUTION FUNDG 10/15/2019 0.02%CERIDIAN/COMDATA 11/15/2017 0.02%JEFFERIES FIN LL 4/15/2022 0.02%WAL-MART STORES 10/02/2043 0.02%MEXICAN UTD STS 9/27/2034 0.02%SLM STUDENT LOAN TRUST 5/16/2044 0.02%PRESTIGE AUTO RECEIVABLES T 2/15/2018 0.02%JAGUAR LAND ROVR 3/15/2020 0.02%LB-UBS COMMERCIAL MORTGAGE 2/15/2040 0.02%FIRST DATA CORP 6/15/2021 0.02%FANNIE MAE 5/01/2043 0.02%ELI LILLY & CO 6/15/2044 0.02%RABOBANK 2/08/2022 0.02%LA QUINTA INT TRM LN 4/14/2021 0.02%FANNIE MAE 9/01/2042 0.02%NRG ENERGY INC 5/15/2021 0.02%INFOR US INC (BL) 6/03/2020 0.02%CHS/COMMUNITY 2/01/2022 0.02%K HOVNANIAN ENTR 10/15/2020 0.02%Security% of PortfolioKRAFT FOODS INC 2/09/2016 0.02%NRG ENERGY INC 5/01/2024 0.02%RAYTHEON COMPANY 0.02%CHS/COMMUNITY 1/27/2021 0.02%SLM STUDENT LOAN TRUST 3/16/2020 0.02%ICAHN ENTER/FIN 3/15/2019 0.02%TMF GROUP 12/01/2019 0.02%JPMORGAN CHASE 3/01/2016 0.02%INTERACTIVE DATA 4/15/2019 0.02%SANTANDER DRIVE AUTO RECEIV 5/16/2016 0.02%CENTURYLINK INC 4/01/2020 0.02%BRAND ENERGY & I 12/01/2021 0.02%HCA INC 3/15/2024 0.02%DIRECTV HLDGS/FN 3/15/2042 0.02%ARAMARK SERV INC 3/15/2020 0.02%BUCKEYE PARTNERS 7/01/2023 0.02%DCP MIDSTREAM OP 10/01/2015 0.02%FREDDIE MAC 10/01/2042 0.02%HD SUPPLY (BL) 6/28/2018 0.02%LUCENT TECH 3/15/2029 0.02%GOLDMAN SACHS GP 7/19/2018 0.02%SOUTHERN CAL GAS 9/15/2042 0.02%WACHOVIA BANK COMMERCIAL MO 7/15/2045 0.02%METHANEX CORP 12/15/2019 0.02%FREDDIE MAC 6/01/2038 0.02%DIRECTV HLDGS/FN 3/15/2015 0.02%UNITED RENTAL NA 5/15/2020 0.02%HD SUPPLY HOLDINGS INC 0.02%UNILEVER CAPITAL 3/06/2019 0.02%ABBVIE INC 11/06/2015 0.02%CONSOL ENERGY 4/01/2020 0.01%BANK NOVA SCOTIA 3/15/2016 0.01%ZAYO GROUP LLC 7/02/2019 0.01%GLAXOSMITHKLINE 3/18/2016 0.01%MARATHON OIL COR 11/01/2015 0.01%ROYAL BK CANADA 3/08/2016 0.01%CONCHO RES/MIDLA 4/01/2023 0.01%BANK OF NY MELLO 3/04/2016 0.01%CASH COLLATERAL UBSSW USD 0.01%BANC OF AMERICA COMMERCIAL 2/10/2051 0.01%AMERICAN EXPRESS CREDIT ACC 10/16/2017 0.01%FIFTH THIRD BANK 3/01/2019 0.01%GENWORTH HOLDING 2/15/2024 0.01%HUNTSMAN INT LLC 3/15/2021 0.01%LEVEL 3 FIN INC 7/15/2020 0.01%MALLINCKRODT FIN 8/01/2022 0.01%GOLDMAN SACHS GP 7/08/2044 0.01%AECOM TECHNOLOGY CORP 0.01%BERKSHIRE HATHWY 2/11/2023 0.01%CPG MERGER SUB 10/01/2021 0.01%CALIFORNIA ST 4/01/2039 0.01%RXU4SEURO-BUND FUTURE 9/15/2014 0.01%COVIDIEN INTL FI 10/15/2037 0.01%URUGUAY 6/18/2050 0.01%AST Portfolio Holdings62 of 635

AST BlackRock Global Strategies Portfolio (continued)Security% of PortfolioWACHOVIA BANK COMMERCIAL MO 7/15/2042 0.01%WACHOVIA BANK COMMERCIAL MO 7/15/2042 0.01%MARKWEST ENERGY 7/15/2023 0.01%CITIGROUP INC 8/05/2024 0.01%LORILLARD TOBACC 5/01/2020 0.01%GOVERNMENT NATIONAL MORTGAG 6/20/2043 0.01%BURLINGTON NORTH 3/15/2023 0.01%DELPHI CORP 3/15/2024 0.01%NEWFIELD EXPLOR 2/01/2020 0.01%FREDDIE MAC 8/12/2043 0.01%LOCKHEED MARTIN 12/15/2042 0.01%TENET HEALTHCARE 10/01/2021 0.01%TIME WARNER INC 4.65% 6/01/2044 0.01%PEPSICO INC 3/01/2023 0.01%MORGAN STANLEY 4/29/2024 0.01%MERRILL LYNCH 1/29/2037 0.01%MEMORIAL RESOURC 7/01/2022 0.01%NEW JERSEY ST TURNPIKE AUTH 1/01/2040 0.01%DIAMOND RESORTS CORP 5/09/2021 0.01%WAL-MART STORES 4/11/2023 0.01%HCA INC 5/01/2023 0.01%NUANCE COMMUNIC 8/15/2020 0.01%PHILIP MORRIS IN 1/15/2019 0.01%NEIMAN MARCUS GROUP LLC 10/25/2020 0.01%NEW ZEALAND I/L 9/20/2030 0.01%BAKKAVOR FIN 2 2/15/2018 0.01%TRIONISTA 4/30/2020 0.01%WAVE HOLDCO LLC/ 7/15/2019 0.01%FANNIE MAE 9/01/2027 0.01%GOLDMAN SACHS GP 1/18/2018 0.01%INVESCO FIN PLC 11/30/2043 0.01%OASIS PETROLEUM 1/15/2023 0.01%ALPHA NATURAL 12/15/2017 0.01%ALTICE 5/15/2022 0.01%DUKE ENERGY CORP 9/15/2019 0.01%ZAYO GROUP LLC 1/01/2020 0.01%US TREASURY N/B 4/30/2017 0.01%BANC OF AMERICA COMMERCIAL 2/10/2051 0.01%AT&T INC 8/15/2041 0.01%UNITYMEDIA 1/15/2023 0.01%SANDRIDGE ENERGY 1/15/2020 0.01%FREDDIE MAC 11/01/2027 0.01%MCKESSON CORP 3/01/2017 0.01%REGENCY ENERGY 11/01/2023 0.01%AA BOND CO LTD 7/31/2019 0.01%T-MOBILE USA INC 4/28/2022 0.01%PROJECT NOVA EQUITY 0.01%TYCO ELECTRONICS 8/01/2019 0.01%MEAD JOHNSON NUT 11/01/2019 0.01%YUM! BRANDS INC 9/15/2019 0.01%UNION PACIFIC CORP 0.01%INTELSAT JACKSON 12/15/2022 0.01%TENET HEALTHCARE 4/01/2022 0.01%RADIAN GROUP INC 6/01/2019 0.01%Security% of PortfolioPROGRESS ENERGY 1/15/2021 0.01%DOMINION RES 3/15/2021 0.01%T-MOBILE USA INC 1/15/2024 0.01%MAGELLAN MID 10/15/2043 0.01%ADS WASTE HLDGS 10/01/2020 0.01%MERRILL LYNCH MORTGAGE TRUS 2/12/2051 0.01%ALTICE 5/15/2022 0.01%COVANTA HOLDING 10/01/2022 0.01%WACHOVIA BANK COMMERCIAL MO 7/15/2042 0.01%SCHAEFFLER FIN 5/15/2019 0.01%CEMEX FINANCE 4/01/2024 0.01%L-3 COMMS CORP 7/15/2020 0.01%DJO FINANCE LLC 3/15/2018 0.01%CITIGROUP INC 1/14/2022 0.01%CGG 6/01/2021 0.01%JOHNSON CONTROLS 11/02/2017 0.01%SLM STUDENT LOAN TRUST 12/15/2023 0.01%BRAZIL REP OF 1/07/2041 0.01%VERIZON COMM INC 3/15/2034 0.01%LABA ROYALTY SUB 5/15/2029 0.01%ADV AUTO PARTS 1/15/2022 0.01%UNITED RENTAL NA 4/15/2022 0.01%SHEA HOMES 5/15/2019 0.01%LAREDO PETROLEUM 5/01/2022 0.01%FANNIE MAE 8/01/2041 0.01%SCHAEFFLER HOLDI 8/15/2018 0.01%ANHEUSER-BUSCH 2/01/2044 0.01%BANK OF AMER CRP 1/21/2044 0.01%ULTRA PETROLEUM 12/15/2018 0.01%FED HOME LN BANK 12/08/2023 0.01%CLEAR CHANNEL 12/15/2019 0.01%CREDIT SUISSE FIRST BOSTON 8/15/2038 0.01%ASTRAZENECA PLC 9/15/2037 0.01%ALTRIA GROUP INC 9/11/2015 0.01%JP MORGAN CHASE COMMERCIAL 1/15/2038 0.01%CANADA DOLLAR 0.01%REYNOLDS GROUP 8/15/2019 0.01%FIDELITY NATL FI 9/01/2022 0.01%JAGUAR LAND ROVR 2/15/2022 0.01%GOLDMAN SACHS GP 8/01/2015 0.01%FANNIE MAE 2/01/2031 0.01%BONANZA CREEK EN 2/01/2023 0.01%DISCOVERY COMMUN 6/01/2015 0.01%PEPSICO INC 3/01/2024 0.01%AMGEN INC 6/15/2016 0.01%VTR FIN BV 1/15/2024 0.01%AMERICAN EXPRESS CREDIT ACC 3/15/2018 0.01%FREDDIE MAC 4/01/2029 0.01%PARSLEY ENERGY 2/15/2022 0.01%WOLVERINE WORLD 10/15/2020 0.01%INTERCONTINENT 10/15/2018 0.01%RADIAN GROUP INC 3/01/2019 0.01%BOSTON SCIENTIFC 10/01/2018 0.01%AT&T INC 6/15/2044 0.01%AST Portfolio Holdings63 of 635

AST BlackRock Global Strategies Portfolio (continued)Security% of PortfolioWACHOVIA BANK COMMERCIAL MO 10/15/2048 0.01%PBF ENERGY INC-CLASS A 0.01%GOVERNMENT NATIONAL MORTGAG 4/20/2041 0.01%BANK OF NY MELLO 8/01/2018 0.01%SEAGATE HDD CAYM 6/01/2023 0.01%COMM MORTGAGE TRUST 6/10/2046 0.01%RELIANT ENER MID 7/02/2026 0.01%SANTANDER DRIVE AUTO RECEIV 1/15/2019 0.01%RABOBANK NED NY 1/14/2019 0.01%CVS CAREMARK 12/05/2018 0.01%ORACLE CORP 7/08/2044 0.01%SANTANDER DRIVE AUTO RECEIV 3/15/2017 0.01%STATOIL ASA 11/08/2018 0.01%ORACLE CORP 7/08/2021 0.01%US TREASURY N/B 8/31/2019 0.01%CATERPILLAR FINL 2/26/2016 0.01%DISCOVER BANK 2/21/2018 0.01%JP MORGAN CHASE COMMERCIAL 6/12/2041 0.01%GE COMMERCIAL MORTGAGE CORP 5/10/2043 0.01%PACIFIC GAS&ELEC 6/15/2023 0.01%ALTICE FINANCING 1/15/2022 0.01%ROPER INDUSTRIES 10/01/2018 0.01%TRINITY ACQ PLC 8/15/2043 0.01%SANTANDER CONSUMER ACQUIRED 10/15/2015 0.01%AMAYA B.V.:TL-B LOAN/TERM 7/14/2021 0.01%MDC PARTNERS INC 4/01/2020 0.01%STRYKER CORP 5/15/2044 0.01%GOVERNMENT NATIONAL MORTGAG 10/20/2038 0.01%KIMBERLY-CLARK 5/22/2019 0.01%PEABODY ENERGY 9/15/2020 0.01%FICO STRIP CPN12 12/06/2016 0.01%UNITED MEXICAN 1/21/2021 0.01%HERTZ CORP 1/15/2021 0.01%JPMORGAN CHASE 5/01/2023 0.01%COINMACH SERVICE CORP 11/14/2019 0.01%SANTANDER DRIVE AUTO RECEIV 4/15/2020 0.01%LB-UBS COMMERCIAL MORTGAGE 9/15/2045 0.01%CST BRANDS 5/01/2023 0.01%TAMPA ELECTRIC 9/15/2022 0.01%SBA COMMUNICATIO 7/15/2022 0.01%ICAHN ENTER/FIN 2/01/2022 0.01%NXP BV/NXP FUNDI 6/01/2018 0.01%SOUTHERN STAR 7/15/2022 0.01%FLATIRON CLO LTD 1/17/2026 0.01%MORGAN STANLEY CAPITAL I TR 6/11/2042 0.01%CHEVRON CORP 6/24/2016 0.01%RADIAN GROUP INC 11/15/2017 0.01%GOVERNMENT NATIONAL MORTGAG 5/15/2043 0.01%STARBUCKS CORP 12/05/2016 0.01%BENEFIT STREET PARTNERS CLO 7/20/2026 0.01%WHIRLPOOL CORP 3/01/2017 0.01%CCO HOLDINGS LLC 9/30/2022 0.01%FREEPORT-MC C&G 3/15/2023 0.01%SANDRIDGE ENERGY 2/15/2023 0.01%Security% of PortfolioLCM LTD PARTNERSHIP 5/28/2019 0.01%FANNIE MAE 7/01/2043 0.01%ACMP/ACMP FIN 5/15/2023 0.01%DISH DBS CORP 7/15/2017 0.01%CEQUEL COM & CAP 12/15/2021 0.01%INEOS GROUP HOLD 8/15/2018 0.01%FANNIE MAE 5/01/2043 0.01%WACHOVIA BANK COMMERCIAL MO 10/15/2048 0.01%FREDDIE MAC 6/16/2042 0.01%OSHKOSH CORP 0.01%SPRINT NEXTEL 12/01/2016 0.01%ENERGY TRANS 1/15/2024 0.01%CREDIT SUISSE MORTGAGE TRUS 6/15/2038 0.01%CIT GROUP INC 4/01/2036 0.01%SANCHEZ ENERGY 1/15/2023 0.01%MORGAN STANLEY 9/23/2019 0.01%VEDANTA RESOURCE 6/07/2021 0.01%PEABODY ENERGY 11/15/2021 0.01%SANTANDER DRIVE AUTO RECEIV 4/15/2019 0.01%NASDAQ OMX GROUP/THE 0.01%H&E EQUIPMENT 9/01/2022 0.01%WIND ACQ 7/15/2020 0.01%FREDDIE MAC 9/01/2036 0.01%SPRINT CAP CORP 3/15/2032 0.01%WALGREEN CO 1/15/2019 0.01%PLAINS ALL AMER 2/01/2021 0.01%FREDDIE MAC 8/01/2038 0.01%ACCESS GROUP INC 4/27/2026 0.01%OI EUROPEAN GRP 3/31/2021 0.01%PACIFIC DRILLING 6/01/2020 0.01%CVS CAREMARK 8/15/2016 0.01%AFFINION GROUP INC 10/31/2018 0.01%VOYAGE CARE 8/01/2018 0.01%SABRE HOLDINGS 3/15/2016 0.01%BROOKFIELD RESID 12/15/2020 0.01%USG CORP 1/15/2018 0.01%MIDAMERICAN ENER 11/15/2018 0.01%SIWF MERGER SUB 6/01/2021 0.01%VERIZON COMM INC 4/01/2021 0.01%NXP BV/NXP FUNDI 3/15/2023 0.01%LINN ENERGY LLC 11/01/2019 0.01%O'REILLY AUTOMOT 1/14/2021 0.01%DRILL RIGS HLDS 10/01/2017 0.01%SLM STUDENT LOAN TRUST 12/15/2021 0.01%RADIO ONE INC 2/15/2020 0.01%DEUTSCHLAND I/L 4/15/2023 0.01%LB COMMERCIAL CONDUIT MORTG 7/15/2044 0.01%ARDAGH PKG FIN 1/15/2022 0.01%SANTANDER DRIVE AUTO RECEIV 11/15/2019 0.01%JPMORGAN CHASE 8/15/2021 0.01%MEDALLION TRUST 8/22/2036 0.01%OFFSHORE GROUP I 11/01/2019 0.01%JEFFERIES FIN LL 4/01/2020 0.01%FED FARM CREDIT 4/04/2022 0.01%AST Portfolio Holdings64 of 635

AST BlackRock Global Strategies Portfolio (continued)Security% of PortfolioR&R PIK 5/10/2018 0.01%TENET HEALTHCARE 3/01/2019 0.01%KINOVE-CALL 6/15/2018 0.01%DFC FINANCE CORP 6/15/2020 0.01%ASBURY AUTO GRP 11/15/2020 0.01%FREDDIE MAC 9/01/2027 0.01%WELLPOINT INC 1/15/2016 0.01%CHESAPEAKE ENRGY 0.01%KELLOGG CO 5/30/2016 0.01%FANNIE MAE 9/01/2036 0.01%ML-CFC COMMERCIAL MORTGAGE 6/12/2046 0.01%ALCATEL-LUCENT 11/15/2020 0.01%IVG FINANCE BV 3/29/2017 0.01%FANNIE MAE 8/01/2026 0.01%FREDDIE MAC 8/01/2030 0.01%BANK OF AMER CRP 1/01/2043 0.01%FRESENIUS MED 7/15/2017 0.01%BEV PCK HD LU/IN 6/15/2017 0.01%A-S CO-ISS SUB I 12/15/2020 0.01%UNIVISION COMM 5/15/2021 0.01%FREDDIE MAC 4/01/2032 0.01%US COAT AC/FLASH 5/01/2021 0.01%BEAR STEARNS COMMERCIAL MOR 12/11/2040 0.01%NUMERICABLE 5/15/2024 0.01%WILSONART LLC (TB) 10/31/2019 0.01%FREDDIE MAC 2/01/2043 0.01%AMERICREDIT AUTOMOBILE RECE 5/09/2016 0.01%MONSANTO CO 7/15/2019 0.01%COMPUTER SCIENCE 9/15/2022 0.01%GILEAD SCIENCES 12/01/2016 0.01%SPRINGLEAF FIN 12/15/2017 0.01%CHESAPEAKE ENRGY 11/15/2020 0.01%HEWLETT-PACK CO 9/15/2016 0.01%EXPRESS SCRIPTS 5/15/2016 0.01%SANTANDER DRIVE AUTO RECEIV 5/15/2017 0.01%US TREASURY N/B 9/30/2018 0.01%THERMO FISHER 3/01/2016 0.01%FANNIE MAE 12/01/2039 0.01%SANOFI-AVENTIS 3/29/2016 0.01%GAMENET 8/01/2018 0.01%PACIFIC GAS&ELEC 9/15/2021 0.01%CREDIT SUISSE MORTGAGE TRUS 6/15/2038 0.01%MIDCONTINENT COM 8/01/2021 0.01%AMERICREDIT AUTOMOBILE RECE 11/08/2016 0.01%GEN ELEC CAP CRP 11/09/2015 0.01%FREDDIE MAC 2/01/2043 0.01%LB COMMERCIAL CONDUIT MORTG 7/15/2044 0.01%JP MORGAN CHASE COMMERCIAL 3/15/2046 0.01%FORD MOTOR CRED 1/15/2015 0.01%CHESAPEAKE ENRGY 2/15/2021 0.01%AMERICREDIT AUTOMOBILE RECE 1/09/2017 0.01%SANTANDER DRIVE AUTO RECEIV 10/15/2019 0.01%FORD MOTOR CRED 5/09/2016 0.01%EXETER AUTOMOBILE RECEIVABL 5/15/2018 0.01%Security% of PortfolioKB HOME 5/15/2019 0.01%ANZ NZ INTL/LDN 3/24/2016 0.01%GOLDMAN SACHS GP 1/31/2019 0.01%ECOLAB INC 8/09/2015 0.01%ENERGY XXI GULF 6/15/2019 0.01%ZOETIS INC 2/01/2016 0.01%EATON CORP 11/02/2015 0.01%FIFTH THIRD BANK 2/26/2016 0.01%TW TELECOM HLDS 10/01/2022 0.01%AMERICREDIT AUTOMOBILE RECE 1/08/2019 0.01%GOVERNMENT NATIONAL MORTGAG 8/20/2042 0.01%HLSS SERVICER ADVANCE RECEI 5/16/2044 0.01%REYNOLDS AMERICA 10/30/2015 0.01%FIRST INVESTORS AUTO OWNER 2/15/2018 0.01%FANNIE MAE 5/01/2042 0.01%XCEL ENERGY INC 5/09/2016 0.01%VERIZON COMM INC 11/01/2041 0.01%PEABODY ENERGY 11/01/2026 0.01%WYNDHAM WORLDWID 3/01/2023 0.01%JPMORGAN CHASE 9/23/2022 0.01%AMAZON.COM INC 11/29/2017 0.01%LB-UBS COMMERCIAL MORTGAGE 9/15/2045 0.01%ICAHN ENTER/FIN 8/01/2020 0.01%TITAN INTL INC 10/01/2020 0.01%NXP BV/NXP FUNDI 2/15/2021 0.01%NBCUNIVERSAL ENT 4/15/2019 0.01%SANOFI 4/10/2018 0.01%CONCHO RES/MIDLA 10/01/2022 0.01%BONANZA CREEK EN 4/15/2021 0.01%VALEANT PHARMA 12/01/2021 0.01%WYNN MACAU LTD 10/15/2021 0.01%ADVANTAGE SALES & MARKETING 7/07/2022 0.01%GOVERNMENT NATIONAL MORTGAG 9/20/2038 0.01%TIME WARNER CABL 9/15/2042 0.01%US TREASURY N/B 3/31/2017 0.01%GCCFC COMMERCIAL MORTGAGE T 8/10/2042 0.01%FIRST FRANKLIN MTG LOAN ASS 5/25/2035 0.01%ECO-BAT FIN PLC 2/15/2017 0.01%GEO GROUP INC/T 1/15/2022 0.01%TELECOM ITALIA 1/25/2021 0.01%ACCESS GROUP INC 4/25/2017 0.01%FLORIDA PWR CORP 11/15/2042 0.01%HOMER CITY GEN 10/01/2026 0.01%TSY INFL IX N/B 2/15/2044 0.01%DEBENHAMS PLC 7/15/2021 0.01%HSBC HOLDINGS 1/14/2042 0.01%GRAFTECH INTL 11/15/2020 0.01%MAGNOLIA BC 8/01/2020 0.01%FRANCE O.A.T.I/L 7/25/2024 0.01%FREDDIE MAC 6/01/2035 0.01%HILCORP ENERGY I 12/01/2024 0.01%COMM MORTGAGE TRUST 5/10/2047 0.01%DISH DBS CORP 4/01/2018 0.01%MIRANT TRUST 12/30/2028 0.01%AST Portfolio Holdings65 of 635

AST BlackRock Global Strategies Portfolio (continued)Security% of PortfolioELI LILLY & CO 11/15/2037 0.01%ALERE INC 10/01/2018 0.01%MARSH & MCLENNAN 6/03/2024 0.01%SLM STUDENT LOAN TRUST 9/15/2020 0.01%HOME DEPOT INC 4/01/2041 0.01%CONSTELLIUM NV 5/15/2024 0.01%DOMINION RES 9/15/2042 0.01%FANNIE MAE 8/01/2042 0.01%VOUGEOT BIDCO 7/15/2020 0.01%CLEAR CHNL WORLD 11/15/2022 0.01%JP MORGAN CHASE COMMERCIAL 1/12/2043 0.01%PACIFIC GAS&ELEC 8/15/2042 0.01%FANNIE MAE 5/01/2043 0.01%MCE FINANCE LTD 2/15/2021 0.01%AGUILA 3 SA 1/31/2018 0.01%RYERSON INC/JOE 10/15/2017 0.01%CROWN EUROPEAN 7/15/2022 0.01%MAXIM INTEGRATED 3/15/2023 0.01%FLAGSHIP CREDIT AUTO TRUST 4/15/2019 0.01%MCKESSON CORP 3/01/2041 0.01%WHITING PETRO 3/15/2021 0.01%MOBILE MINI 12/01/2020 0.01%TELECOM ITALIA 6/24/2019 0.01%LEVEL 3 FIN INC 6/01/2020 0.01%HALCON RESOURCES 7/15/2020 0.01%BAKKAVOR FIN 2 6/15/2020 0.01%VIRG AUST 13-1D 10/23/2016 0.01%PENSKE AUTO GRP 10/01/2022 0.01%ENTERPRISE PRODU 2/01/2041 0.01%TSY INFL IX N/B 7/15/2018 0.01%HYDRA DUTCH 4/15/2019 0.01%CNH IND FIN 3/18/2019 0.01%RBS CAP FNDG TR 0.01%UNIVISION COMM 5/15/2023 0.01%BANCO ESPIRITO SANTO SA 5/08/2017 0.01%WFRBS 5/15/2047 0.01%ALM LOAN FUNDING 7/28/2026 0.01%JPMORGAN CHASE 12/29/2049 0.01%MONSANTO CO 7/15/2044 0.01%BEAZER HOMES USA 6/15/2019 0.01%CREDIT SUISSE MORTGAGE TRUS 2/15/2040 0.01%WEYERHAEUSER R/E 6/15/2019 0.01%CABLEVISION SYS 9/15/2022 0.01%CFC LLC 12/17/2018 0.01%JPMORGAN CHASE 7/15/2041 0.01%XL GROUP LTD 10/01/2021 0.01%SUMMIT MID HLD / 8/15/2022 0.01%PRECISION DRILL 11/15/2024 0.01%NORFOLK SOUTHERN 1/15/2016 0.01%WF-RBS COMMERCIAL MORTGAGE 8/15/2045 0.01%BANK OF AMER CRP 1/05/2021 0.01%CARDINAL HEALTH 3/15/2018 0.01%EBAY INC 8/01/2024 0.01%REYNOLDS GROUP 2/15/2021 0.01%Security% of PortfolioIVS F 4/01/2020 0.01%QWEST CORP 12/01/2021 0.01%WEYERHAEUSER CO 8/01/2017 0.01%CREDIT SUISSE MORTGAGE TRUS 12/15/2039 0.01%ACMP/ACMP FIN 3/15/2024 0.01%GS MORTGAGE SECURITIES TRUS 8/10/2046 0.01%GS MORTGAGE SECURITIES TRUS 7/12/2038 0.01%RPM INTL INC 10/15/2019 0.01%HESS CORP 2/15/2041 0.01%ACMP/ACMP FIN 7/15/2022 0.01%TELENET FIN V 8/15/2022 0.01%CVS CAREMARK 12/05/2043 0.01%FREDDIE MAC 1/01/2040 0.01%CLEAR CHANNEL 3/01/2021 0.01%AMERICAN TOWER 2/15/2019 0.01%ARCH COAL TERM LN 5/16/2018 0.01%SANTANDER DRIVE AUTO RECEIV 5/16/2016 0.01%BTPS I/L 9/15/2016 0.01%HUSKY ENERGY INC 4/15/2024 0.01%MORGAN STANLEY CAPITAL I TR 3/15/2045 0.01%TIME WARNER CABL 2/01/2020 0.01%ASTRAZENECA PLC 9/18/2042 0.01%ALGECO SCOTSMAN 10/15/2018 0.01%GCCFC COMMERCIAL MORTGAGE T 3/10/2039 0.01%POLYONE CORP 3/15/2023 0.01%MCCLATCHY CO 12/15/2022 0.01%HCA INC 5/01/2023 0.01%STEEL DYNAMICS 8/15/2022 0.01%EXELON GENERATIO 10/01/2041 0.01%JP MORGAN CHASE COMMERCIAL 12/12/2044 0.01%FREDDIE MAC 8/01/2041 0.01%PARK PLACE SECURITIES INC 12/25/2034 0.01%KEYCORP STUDENT LOAN TRUST 9/27/2035 0.01%REYNOLDS GROUP 8/15/2019 0.01%CARE UK 7/15/2019 0.01%SPIE BONDCO 3 SC 8/15/2019 0.01%MIDAMERICAN ENER 9/15/2037 0.01%CEVA GROUP PLC:TL 3/19/2021 0.01%FANNIE MAE 8/01/2037 0.01%WELLS FARGO CO 1/15/2044 0.01%GRIFOLS WRLDWDE 4/01/2022 0.01%AUSTRALIAN I/L 2/21/2022 0.01%PETROLEOS MEXICA 1/24/2022 0.01%NEW GOLD INC 11/15/2022 0.01%UNITED RENTAL NA 6/15/2023 0.01%IGLOO HOLDINGS 12/15/2017 0.01%NORDSTROM INC 10/15/2021 0.01%RPM INTL INC 11/15/2022 0.01%FREDDIE MAC 3/01/2043 0.01%CO-OPERATIVE GRO 7/08/2020 0.01%SIMON PROP GP LP 3/15/2042 0.01%SUMMIT MID HLD / 7/01/2021 0.01%AFLAC INC 8/15/2040 0.01%DIRECTV HLDGS/FN 4/01/2024 0.01%AST Portfolio Holdings66 of 635

AST BlackRock Global Strategies Portfolio (continued)Security% of PortfolioTELECOM IT FIN 11/15/2016 0.01%CIT GROUP INC 4/01/2018 0.01%GEN ELEC CAP CRP 1/09/2017 0.01%LYB INTL FIN 7/15/2023 0.01%CLEAR CHNL WORLD 3/15/2020 0.01%WAL-MART STORES 4/15/2016 0.01%SANTANDER DRIVE AUTO RECEIV 2/15/2018 0.01%SUNOCO LOGISTICS 4/01/2044 0.01%CAREFUSION CORP 5/15/2024 0.01%CREDIT SUISSE MORTGAGE TRUS 1/15/2049 0.01%UNITED TECH CORP 5/01/2015 0.01%DRIVETIME AUTO/A 6/01/2021 0.01%ROCKWOOD SPECIAL 10/15/2020 0.01%PETROBRAS INTL 1/27/2021 0.01%FANNIE MAE 1/01/2027 0.01%RCN TELE SER/CAP 8/15/2020 0.01%EPICOR SOFTWARE 5/01/2019 0.01%US BANCORP 11/15/2016 0.01%FANNIE MAE 9/01/2043 0.01%AMERICAN TOWER 4/01/2015 0.01%AMERICREDIT AUTOMOBILE RECE 5/08/2017 0.01%REYNOLDS GROUP 4/15/2019 0.01%APX GROUP INC 12/01/2020 0.01%UNIFRAX I LLC/UN 2/15/2019 0.01%GARDNER DENVER 7/30/2020 0.01%NEWS AMER INC 12/15/2014 0.01%MARSH & MCLENNAN 10/15/2018 0.01%RPG BYTY 5/01/2020 0.01%ALLY FINANCIAL 3/15/2020 0.01%FIRST QUANTUM 2/15/2020 0.01%PLAY FIN 2 SA 2/01/2019 0.01%CFC LLC 11/15/2017 0.01%CNO FINANCIAL 10/01/2020 0.01%GATX CORP 7/30/2019 0.01%ENQUEST PLC 4/15/2022 0.01%BAXTER INTL 6/15/2018 0.01%NEW RESIDENTIAL ADVANCE REC 3/15/2045 0.01%THOM EUROPE 7/15/2019 0.01%HLSS SERVICER ADVANCE RECEI 1/17/2045 0.01%HLSS SERVICER ADVANCE RECEI 9/15/2044 0.01%ONTEX IV 4/15/2019 0.01%ARDAGH PKG FIN 1/31/2019 0.01%BURLINGTON NORTH 9/01/2042 0.01%AMERICAN ENERGY-MARCELLUS:T 7/07/2020 0.01%FREDDIE MAC 7/01/2043 0.01%INGERSOLL-RND GL 6/15/2043 0.01%TRUVEN HEALTH 6/01/2020 0.01%JPMBB COMMERCIAL MORTGAGE S 11/15/2045 0.01%ALCATEL-LUCENT 7/01/2017 0.01%INTEL CORP 12/15/2042 0.01%FANNIE MAE 6/01/2032 0.01%FREDDIE MAC 10/01/2042 0.01%MISS POWER CO 3/15/2042 0.01%GOVERNMENT NATIONAL MORTGAG 12/20/2042 0.01%Security% of PortfolioCAPITAL ONE BANK USA NA 1.1 11/21/2016 0.01%FELCOR ESCROW 6/01/2019 0.01%SANTANDER DRIVE AUTO RECEIV 10/17/2016 0.01%AMERICAN FINANCIAL GROUP IN 0.01%NEWPAGE HOLDINGS INC 0.01%IDQ HOLDINGS INC 4/01/2017 0.01%S FRWD EUR 10/21/2014 0.01%LEUCADIA NATL 10/18/2023 0.01%BANC OF AMERICA COMMERCIAL 9/10/2047 0.01%REYNOLDS AMERICA 11/01/2022 0.01%GOVERNMENT NATIONAL MORTGAG 3/15/2043 0.01%SNAI SPA 6/15/2018 0.01%SABINE PASS LIQU 4/15/2023 0.01%VPI ESCROW CORP 10/15/2020 0.01%PEPSICO INC 3/05/2042 0.01%BERRY PETROL CO 9/15/2022 0.01%SILVER II BORROWER SCA 12/13/2019 0.01%SALLIE MAE 10/10/2046 0.01%TELECOM ITALIA 9/25/2020 0.01%FANNIE MAE 9/01/2028 0.01%CONSOLIDATED COM 6/01/2020 0.01%BANCO BILBAO VIZ 12/31/2049 0.01%BALL CORP 11/15/2023 0.01%WELLS FARGO CO 6/03/2026 0.01%HEMA BONDCO I 6/15/2019 0.01%REYNOLDS GROUP 10/15/2020 0.01%APPLE INC 5/06/2044 0.01%FANNIE MAE 5/01/2043 0.01%BUCKEYE PARTNERS 11/15/2043 0.01%SAFWAY GROUP HLD 5/15/2018 0.01%SERVUS LUX 6/15/2018 0.01%TELEFONICA 7/24/2017 0.01%FNMA PRIN STP 5/15/2030 0.01%TEXAS COMP ELEC 10/10/2016 0.01%BEAR STEARNS ASSET BACKED S 5/25/2034 0.01%ALLIANT INSURANCE SERVICES 12/20/2019 0.01%MECCANICA HOLDIN 7/15/2019 0.01%FANNIE MAE 11/01/2042 0.01%TENET HEALTHCARE 10/01/2020 0.01%HUNTSMAN INT LLC 4/15/2021 0.01%UBS-BARCLAYS COMMERCIAL MOR 4/10/2046 0.01%LEVEL 3 COMM INC 6/01/2019 0.01%ROSE ROCK MID/FI 7/15/2022 0.01%CRSTWD PART/FIN 3/01/2022 0.01%BEV PCK HD LU/IN 12/15/2016 0.01%ITHACA ENERGY 7/01/2019 0.01%GEN ELEC CAP CRP 1/10/2039 0.01%GSMS_13-GCJ16 0% 11/10/2046 0.01%ATHLON HLDS LP / 5/01/2022 0.01%CONSTELLIUM NV 5/15/2021 0.01%ENTERPRISE PRODU 2/15/2045 0.01%COUNTRYWIDE ASSET-BACKED CE 5/25/2035 0.01%JPMBB COMMERCIAL MORTGAGE S 8/15/2046 0.01%CALPINE CORP 1/15/2024 0.01%AST Portfolio Holdings67 of 635

AST BlackRock Global Strategies Portfolio (continued)Security% of PortfolioHUSKY ENERGY INC 9/15/2037 0.01%NEW YORK NY 6/01/2040 0.01%WF-RBS COMMERCIAL MORTGAGE 12/15/2045 0.01%GEN ELEC CAP CRP 3/15/2032 0.01%PSEG POWER LLC 9/15/2021 0.01%FREDDIE MAC 3/01/2027 0.01%BRAKES CAPITAL 12/15/2018 0.01%ARDAGH PKG FIN 6/30/2021 0.01%FANNIE MAE 5/01/2043 0.01%FANNIE MAE 4/01/2036 0.01%ECOPETROL SA 5/28/2045 0.01%PDC ENERGY INC 10/15/2022 0.01%BUNDESOBL-I/L 4/15/2018 0.01%MARKWEST ENERGY 6/15/2022 0.01%FANNIE MAE 6/01/2043 0.01%EXCO RESOURCES 9/15/2018 0.01%AVAYA INC 4/01/2019 0.01%STEEL DYNAMICS 4/15/2023 0.01%DALLAS TX AREA RAPID TRANSI 12/01/2044 0.01%INMARSAT FINANCE 5/15/2022 0.01%GLAXOSMITHKLINE 5/15/2038 0.01%FED HOME LN BANK 9/01/2028 0.01%RIO TINTO FINANC 9/20/2016 0.01%LB-UBS COMMERCIAL MORTGAGE 3/15/2039 0.01%VERIZON COMM INC 4/15/2038 0.01%NUMERICABLE 5/15/2024 0.01%PENN VIRGINIA CO 5/01/2020 0.01%CIMAREX ENERGY 6/01/2024 0.01%HARRON COMM LP 4/01/2020 0.01%SMITHFIELD FOODS 8/15/2022 0.01%CBS OUT AMER CAP 2/15/2024 0.01%WYNDHAM WORLDWID 3/01/2022 0.01%CLEARWATER PAPER 2/01/2023 0.01%CITIGROUP MORTGAGE LOAN TRU 1/25/2035 0.01%OVAKO AB 6/01/2019 0.01%RANGE RESOURCES 3/15/2023 0.01%MAXIM INTEGRATED 11/15/2018 0.01%ONEOK PARTNERS 3/01/2019 0.01%KINDER MORGAN EN 3/01/2021 0.01%GEN MOTORS FIN 6/01/2018 0.01%TYCO ELECTRONICS 12/17/2018 0.01%MADISON PARK FUNDING LTD 4/22/2022 0.01%CARLYLE GLOBAL MARKET STRAT 7/20/2023 0.01%MADISON PARK FUNDING LTD 4/22/2022 0.01%THERMO FISHER 2/01/2017 0.01%OREGON ST DEPT OF TRANSPRTN 11/15/2034 0.01%FINDUS BONDCO 7/01/2018 0.01%ASHTON WOODS USA 2/15/2021 0.01%RAIN CII CARBON 1/15/2021 0.01%UNIVISION COMM 5/15/2019 0.01%XILINX INC 3/15/2019 0.01%TICP CLO LTD 7/26/2026 0.01%MARKEL CORP 3/30/2023 0.01%MIDAMERICAN ENER 4/01/2036 0.01%Security% of PortfolioSAN FRANCISCO CITY & CNTY C 11/01/2040 0.01%S&B MINERALS FINANCE SCA 8/15/2020 0.01%WFRBS 5/15/2047 0.01%FLORIDA EAST COA 5/01/2020 0.01%AMER ENERGY/AEPB 11/01/2020 0.01%STEELE CREEK CLO LTD 8/21/2026 0.01%WASHINGTON MILL CLO LTD 4/20/2026 0.01%GALAXY CLO LTD 10/15/2026 0.01%BANCO ESPIRITO 1/15/2018 0.01%ADVANTAGE SALES & MARKETING 7/07/2021 0.01%PALMER SQUARE CLO LTD 10/17/2022 0.01%OCTAGON INVESTMENT PARTNERS 5/05/2023 0.01%PALMER SQUARE CLO LTD 10/17/2022 0.01%BAIDU INC 11/28/2022 0.01%LEHMAN BROS HLDG 2/05/2099 0.01%WEYERHAEUSER R/E 6/15/2024 0.01%ALM LOAN FUNDING 1/20/2026 0.01%GOVERNMENT NATIONAL MORTGAG 5/15/2043 0.01%BJS WHOLESALE CLUB INC 3/26/2020 0.01%CIFC FUNDING LTD 7/22/2026 0.01%CEDAR FUNDING LTD 5/20/2026 0.01%WILLIAM LYON INC 11/15/2020 0.01%DELPHI CORP 2/15/2023 0.01%PALMER SQUARE CLO LTD 10/17/2022 0.01%ATLAS SENIOR LOAN FUND LTD 7/16/2026 0.01%GRAMERCY PARK CLO LTD 7/17/2023 0.01%AUDATEX NORTH AM 11/01/2023 0.01%EC FINANCE 7/15/2021 0.01%WHITEHORSE LTD 7/17/2026 0.01%OCTAGON INVESTMENT PARTNERS 8/12/2026 0.01%FIRST INVESTORS AUTO OWNER 10/15/2018 0.01%DIGITALGLOBE INC 2/01/2021 0.01%AVAYA INC 3/01/2021 0.01%WINDSTREAM CORP 10/15/2020 0.01%PAR PHARMACEUTIC 10/15/2020 0.01%GREEKTOWN HLDGS 3/15/2019 0.01%COVANTA HOLDING 3/01/2024 0.01%CEDAR FUNDING LTD 5/20/2026 0.01%MADPK_ ABS 7/25/2026 0.01%JAMESTOWN CLO LTD 7/15/2026 0.01%ADAMS MILL CLO LTD 7/15/2026 0.01%CTP TRAN PRO/FIN 12/15/2019 0.01%NEXSTAR BROADC 11/15/2020 0.01%WASHINGTON MILL CLO LTD 4/20/2026 0.01%QEP RESOURCES 10/01/2022 0.01%MGM RESORTS 3/15/2022 0.01%MET WTR DIST OF STHRN CA 7/01/2040 0.01%WF-RBS COMMERCIAL MORTGAGE 12/15/2045 0.01%BATTALION CLO LTD 10/22/2025 0.01%VOYA CLO LTD 7/25/2026 0.01%ATLAS SENIOR LOAN FUND LTD 7/16/2026 0.01%ALM LOAN FUNDING 7/28/2026 0.01%CIFC FUNDING LTD 7/22/2026 0.01%SANDY CREEK ENERGY 11/09/2020 0.01%AST Portfolio Holdings68 of 635

AST BlackRock Global Strategies Portfolio (continued)Security% of PortfolioSIX FLAGS ENT 1/15/2021 0.01%KODIAK OIL 2/01/2022 0.01%GEN ELECTRIC CO 3/11/2044 0.01%CEVA LOGISTICS 3/19/2021 0.01%ALM LOAN FUNDING 1/20/2026 0.01%TENN VALLEY AUTH 4/01/2036 0.01%FREDDIE MAC 3/01/2027 0.01%ILLINOIS ST 7/01/2035 0.01%OCTAGON INVESTMENT PARTNERS 8/12/2026 0.01%GATES GLOBAL LLC 7/15/2022 0.01%BANC OF AMERICA ALTERNATIVE 1/25/2019 0.01%FREDDIE MAC 9/01/2032 0.01%NIELSEN FINANCE 4/15/2022 0.01%ANTERO RESOURCES 11/01/2021 0.01%CITIGROUP INC 8/25/2036 0.01%ATHLON HLDS LP / 4/15/2021 0.01%SUNOCO LOGISTICS 2/15/2042 0.01%TYCO ELECTRONICS 10/01/2017 0.01%AMERICAN TOWER 11/01/2021 0.01%MEM PROD PART LP 5/01/2021 0.01%JP MORGAN CHASE COMMERCIAL 5/12/2045 0.01%TENET HEALTHCARE 6/01/2020 0.01%AMSTED INDS 3/15/2022 0.01%GEN MOTORS FIN 5/15/2023 0.01%ALM LOAN FUNDING 7/28/2026 0.01%FLORIDA ST HURRICANE CATAST 7/01/2016 0.01%QVC INC 3/15/2023 0.01%OXEA FINANCE 7/15/2020 0.01%NISOURCE FIN CP 2/01/2045 0.01%ALLY FINANCIAL 0.01%HASBRO INC 5/15/2021 0.01%THREEAB OPTIQUE 4/15/2019 0.01%ALM LOAN FUNDING 1/20/2026 0.01%THOMSON REUTERS 5/23/2016 0.01%BRITISH TEL PLC 2/14/2017 0.01%HESS CORP 6/15/2017 0.01%CREDIT SUISSE MORTGAGE TRUS 1/26/2035 0.01%CEVA GROUP PLC: SYN LC 3/19/2021 0.01%HOCKEY MERGER 10/01/2021 0.01%CITIGROUP INC 12/31/2049 0.01%AMERICAN TOWER 9/01/2020 0.01%FREDDIE MAC 10/01/2039 0.01%LYB INTL FIN 7/15/2043 0.01%CENGAGE LEARNING 0.01%ARCH COAL INC 6/15/2019 0.01%SAPPI PAPIER HOL 6/15/2019 0.01%PERSTORP HOLDING 5/15/2017 0.01%HALCON RESOURCES 2/15/2022 0.01%ESH HOSPITALITY INC 6/24/2019 0.01%O'REILLY AUTOMOT 9/15/2021 0.01%MORGAN STANLEY 3/22/2017 0.01%RIALTO HLD/CORP 12/01/2018 0.01%COMMSCOPE INC 6/15/2024 0.01%HERTZ CORP 4/15/2019 0.01%Security% of PortfolioCARRIZO OIL&GAS 10/15/2018 0.01%GOVERNMENT NATIONAL MORTGAG 12/15/2040 0.01%BLUELINE RENTAL 2/01/2019 0.01%CHEMTURA CORP 7/15/2021 0.01%FREDDIE MAC 10/01/2042 0.01%HILLMAN GROUP 7/15/2022 0.01%HSBC HOLDINGS 3/14/2044 0.01%OFFICINE MACCAFE 6/01/2021 0.01%CFC LLC 7/17/2017 0.01%UNITYMEDIA KABEL 3/15/2021 0.01%TW TELECOM HLDS 10/01/2022 0.01%PENSION INSURNCE 7/03/2024 0.01%SOPHIA LP/FIN 1/15/2019 0.01%AMER ENERGY/AEPB 11/01/2021 0.01%MORGAN STANLEY 4/29/2016 0.01%LYB INTL FIN 3/15/2044 0.01%SOLVAY FIN 5/31/2049 0.01%CATAMARAN CORP 3/15/2021 0.01%SANTANDER DRIVE AUTO RECEIV 7/17/2017 0.01%ROSETTA RESOURCE 6/01/2024 0.01%BP CAPITAL PLC 3/11/2016 0.01%COMMSCOPE INC 6/15/2021 0.01%SCRIPPS NETWORKS 12/15/2016 0.01%GANNETT CO 10/15/2019 0.01%CARLSON TRAVEL 8/15/2019 0.01%INTEL CORP 10/01/2021 0.01%TELENET FIN V 8/15/2024 0.01%BERKSHIRE HATHWY 8/15/2016 0.01%JAG HOLD CO I 10/15/2017 0.01%LB-UBS COMMERCIAL MORTGAGE 4/15/2030 0.01%JP MORGAN CHASE COMMERCIAL 8/15/2046 0.01%JURASSIC HLDINGS 2/15/2021 0.01%WINDSTREAM CORP 10/01/2021 0.01%RITE AID CORP 3/15/2020 0.01%FANNIE MAE 6/01/2043 0.01%BERKSHIRE HATHWY 1/31/2017 0.01%CE ENERGY 2/01/2021 0.01%PORT AUTH OF NEW YORK & NEW 10/01/2062 0.01%AMC NETWORKS INC 7/15/2021 0.01%ROSETTA RESOURCE 6/01/2022 0.01%COUNTRYWIDE ASSET-BACKED CE 11/25/2034 0.01%EXETER AUTOMOBILE RECEIVABL 12/15/2017 0.01%BRUNSWICK CORP 5/15/2021 0.01%R&R ICE CREAM 5/15/2020 0.01%HLSS SERVICER ADVANCE RECEI 10/15/2045 0.01%BANK OF AMER CRP 11/21/2016 < 0.01%HLSS SERVICER ADVANCE RECEI 1/17/2045 < 0.01%MIK-CALL 11/01/2018 < 0.01%BAIDU INC 6/09/2019 < 0.01%TAYLOR MORRISON 4/15/2021 < 0.01%MONSANTO CO 7/15/2021 < 0.01%PVR PARTNERS LP 5/15/2021 < 0.01%CNOOC FIN 2013 L 5/09/2018 < 0.01%IDH FINANCE PLC 12/01/2018 < 0.01%AST Portfolio Holdings69 of 635

AST BlackRock Global Strategies Portfolio (continued)Security% of PortfolioMORGAN STANLEY CAPITAL I TR 7/15/2056 < 0.01%MORGAN STANLEY CAPITAL I TR 9/15/2042 < 0.01%NGPL PIPECO LLC 6/01/2019 < 0.01%CON EDISON NY 3/15/2042 < 0.01%JPMORGAN CHASE 1/25/2023 < 0.01%TARGA RES PRTNRS 8/01/2022 < 0.01%BELDEN INC 4/15/2023 < 0.01%TSY INFL IX N/B 4/15/2032 < 0.01%ENTERPRISE PRODU 2/15/2043 < 0.01%CATHOLIC HEALTH 11/01/2042 < 0.01%BERRY PETROL CO 11/01/2020 < 0.01%HUNTSMAN INT LLC 11/15/2020 < 0.01%FREDDIE MAC 3/01/2032 < 0.01%MPH ACQUISITION 4/01/2022 < 0.01%COMM MORTGAGE TRUST 3.282% 1/10/2046 < 0.01%NUMERICABLE 5/15/2022 < 0.01%HSBC HLDGS PLC 9/15/2037 < 0.01%ADRIA BIDCO BV 11/15/2020 < 0.01%HUNTSMAN INT LLC 4/15/2021 < 0.01%KB HOME 12/15/2021 < 0.01%VIRGIN MEDIA FIN 4/15/2023 < 0.01%LB-UBS COMMERCIAL MORTGAGE 11/15/2038 < 0.01%VERISURE HOLDING 9/01/2018 < 0.01%LOS ANGELES CA UNIF SCH DIS 7/01/2034 < 0.01%FREDDIE MAC 5/01/2033 < 0.01%JP MORGAN CHASE COMMERCIAL 6/15/2045 < 0.01%BOPARAN FINANCE 7/15/2021 < 0.01%FINDUS BONDCO 7/01/2018 < 0.01%ABC SUPPLY CO 4/15/2021 < 0.01%DUFRY FINANCE 7/15/2022 < 0.01%PEPSICO INC 8/13/2042 < 0.01%NEW LOOK BONDCO 5/14/2018 < 0.01%BRIGHTHOUSE GP L 5/15/2018 < 0.01%DFS FURNITURE HL 8/15/2018 < 0.01%SEVENTY SEVEN 7/15/2022 < 0.01%ENERGY XXI GULF 3/15/2024 < 0.01%ACADIA HEALTH 7/01/2022 < 0.01%FANNIE MAE 8/01/2032 < 0.01%SLM CORP < 0.01%R&R ICE CREAM 5/15/2020 < 0.01%WACHOVIA BANK COMMERCIAL MO 5/15/2044 < 0.01%PREMIER FOODS PLC 3/15/2021 < 0.01%ENTERPRISE FUNDI 9/10/2020 < 0.01%GOVERNMENT NATIONAL MORTGAG 3/20/2041 < 0.01%RHINO BONDCO 11/15/2020 < 0.01%SLM STUDENT LOAN TRUST 12/15/2020 < 0.01%COMM MORTGAGE TRUST 3/10/2046 < 0.01%DENVER CO PUBLIC SCHS COPS 12/15/2037 < 0.01%GS MORTGAGE SECURITIES TRUS 5/10/2045 < 0.01%GALAXY BIDCO LTD 11/15/2020 < 0.01%CIT GROUP INC 2/15/2019 < 0.01%TRIANGLE USA 7/15/2022 < 0.01%UNIVEG HOLDING 11/15/2020 < 0.01%JONES ENERGY HLD 4/01/2022 < 0.01%Security% of PortfolioJP MORGAN MORTGAGE ACQUISIT 12/25/2035 < 0.01%CEDAR FAIR LP/CA 6/01/2024 < 0.01%XSTRATA FIN CAN 11/15/2041 < 0.01%INTEL CORP < 0.01%S FRWD GBP 10/21/2014 < 0.01%CAPSUGEL SA 5/15/2019 < 0.01%MORGAN STANLEY CAPITAL I TR 2/12/2044 < 0.01%RESIDENTIAL ACCREDIT LOANS, 3/25/2034 < 0.01%NAI ENTERTAINMNT 8/01/2018 < 0.01%NGPL PIPECO LLC 12/15/2017 < 0.01%MORGAN STANLEY BAML TRUST 2/15/2047 < 0.01%ADJUSTABLE RATE MORTGAGE TR 7/25/2035 < 0.01%ENDO FINANCE LLC 1/15/2023 < 0.01%BOPARAN FINANCE 7/15/2019 < 0.01%TECHEM ENERGY CORP 10/01/2020 < 0.01%MGM RESORTS INTERNATIONAL T 12/20/2019 < 0.01%WILLIAM CARTER 8/15/2021 < 0.01%SALLY HLD/SAL CA 11/01/2023 < 0.01%HERTZ CORP 10/15/2022 < 0.01%BP CAPITAL PLC 11/01/2021 < 0.01%FANNIE MAE 8/01/2040 < 0.01%FANNIE MAE 4/01/2043 < 0.01%RITE AID CORP 6/15/2021 < 0.01%LMI AERO INC 7/15/2019 < 0.01%GARDA WORLD SECU 11/15/2021 < 0.01%UNION PAC CORP 2/15/2019 < 0.01%FIRST DATA CORP 1/15/2022 < 0.01%J.C. PENNEY CORPORATION INC 6/20/2019 < 0.01%WILLIAMS COS INC 6/24/2024 < 0.01%SURGERY CENTER HLDG 7/16/2020 < 0.01%FANNIE MAE 7/01/2032 < 0.01%CERVED TECH 1/15/2021 < 0.01%SUN MERGER SUB 8/01/2021 < 0.01%GUITAR CENTER 4/15/2020 < 0.01%FANNIE MAE 5/01/2036 < 0.01%PROTECTIVE LIFE 10/15/2039 < 0.01%MONITCHEM HOLD 3 6/15/2021 < 0.01%KIMBERLY-CLARK 3/01/2022 < 0.01%AMERICAN MUNI PWR-OHIO INC 2/15/2041 < 0.01%HESS CORP 7/15/2024 < 0.01%CAPSUGEL FINANCE 8/01/2019 < 0.01%FANNIE MAE 11/01/2027 < 0.01%VERISURE HOLDING 8.75% 12/01/2018 < 0.01%BILBAO LUX SA 12/01/2018 < 0.01%BAYTEX ENERGY 6/01/2021 < 0.01%CERVED TECH 1/15/2020 < 0.01%TRIONISTA TOPCO 4/30/2021 < 0.01%AXALTA COAT SYS 2/01/2021 < 0.01%FANNIE MAE 5/01/2032 < 0.01%PARK PLACE SECURITIES INC 8/25/2035 < 0.01%TWIN SET-SIMONA 7/15/2019 < 0.01%CPS AUTO TRUST 9/17/2018 < 0.01%METSA BOARD OYJ 3/13/2019 < 0.01%JPMBB COMMERCIAL MORTGAGE S 8/15/2046 < 0.01%AST Portfolio Holdings70 of 635

AST BlackRock Global Strategies Portfolio (continued)Security% of PortfolioBTPS I/L 9/15/2024 < 0.01%BANK OF NY MELLO 6/20/2033 < 0.01%AUTODIS SA 2/01/2019 < 0.01%ONCOR ELECTRIC 5/01/2032 < 0.01%SGD GROUP 5/15/2019 < 0.01%KINDRED HEALTHCA 4/15/2022 < 0.01%CME SWAP: USD 2.229% 7/30/2021 < 0.01%FANNIE MAE 5/01/2033 < 0.01%CONOCO INC 4/15/2029 < 0.01%NOVAFIVES 6/30/2021 < 0.01%GLOBAL BRASS 6/01/2019 < 0.01%GALAPAGOS SA 6/15/2021 < 0.01%CENTURYLINK INC 6/15/2021 < 0.01%NOVAFIVES 6/30/2020 < 0.01%INTRALOT CAPITAL 5/15/2021 < 0.01%BAY AREA CA TOLL AUTH TOLL 4/01/2049 < 0.01%ISTAR FINANCIAL 11/01/2017 < 0.01%GALAPAGOS HOLDIN 7/15/2022 < 0.01%BOPARAN FINANCE 7/15/2021 < 0.01%AIRCASTLE LTD 12/01/2019 < 0.01%SANDRIDGE ENERGY 3/15/2021 < 0.01%PFLEIDERER AG 8/01/2019 < 0.01%BANK OF AMER CRP 4/01/2044 < 0.01%TENET HEALTHCARE 4/01/2021 < 0.01%CEVA GROUP PLC 9/01/2021 < 0.01%NORTHWEST AIR B70 (BL) 3/10/2017 < 0.01%NORTHWEST AIR B70 (BL) 3/10/2017 < 0.01%CHICAGO IL TRANSIT AUTH SAL 12/01/2040 < 0.01%US TREASURY N/B 5/31/2019 < 0.01%HOST HOTELS&RES 10/15/2023 < 0.01%LHP OPERATIONS CO LLC TL-B 7/03/2018 < 0.01%MUNI ELEC AUTH OF GEORGIA 4/01/2057 < 0.01%COUNTRYWIDE HOME LOANS 11/25/2019 < 0.01%UNITED MEXICAN 1/11/2040 < 0.01%WAL-MART STORES 4/01/2040 < 0.01%PACTIV LLC 4/15/2027 < 0.01%BANCO ESPIRITO 1/21/2019 < 0.01%EP ENER/EVEREST 5/01/2019 < 0.01%LB-UBS COMMERCIAL MORTGAGE 2/15/2031 < 0.01%SIMON PROP GP LP 2/01/2020 < 0.01%NORTHWEST AIR B70 (BL) 9/10/2018 < 0.01%ENERGY XXI GULF 12/15/2017 < 0.01%CAREFUSION CORP 5/15/2017 < 0.01%NORTHWEST AIR B70 (BL) 9/10/2018 < 0.01%REYNOLDS AMERICA 9/15/2043 < 0.01%L-3 COMMS CORP 5/28/2024 < 0.01%LEHMAN BROS HLDG 1/16/2099 < 0.01%NORTHWEST AIR B70 (BL) 3/10/2017 < 0.01%RANGE RESOURCES 6/01/2021 < 0.01%MARKEL CORP 6/01/2021 < 0.01%ENERGY TRAN PTNR 6/01/2041 < 0.01%GEN ELEC CAP CRP 11/15/2067 < 0.01%SOUTHERN POWER 9/15/2041 < 0.01%PETROLEOS MEXICA 1/21/2021 < 0.01%Security% of PortfolioUK POUND STERLING < 0.01%FANNIE MAE 11/01/2027 < 0.01%CBS OUT AMER CAP 2/15/2022 < 0.01%PIONEER ENERGY S 3/15/2022 < 0.01%DENBURY RESOURCE 5/01/2022 < 0.01%SCANA CORP 5/15/2021 < 0.01%RANGE RESOURCES 8/15/2022 < 0.01%(L) CME SWAP:USD 4.23 2/11/2024 < 0.01%ENDO FINANCE LLC 1/15/2022 < 0.01%COUNTRYWIDE ASSET-BACKED CE 6/25/2035 < 0.01%L-3 COMMS CORP 11/15/2016 < 0.01%EXP-IMP BK KOREA 1/29/2021 < 0.01%CROWN AMER/CAP 1/15/2023 < 0.01%WILLIS GRP HLDGS 3/15/2016 < 0.01%NBCUNIVERSAL ENT 12/19/2049 < 0.01%VF CORP 9/01/2021 < 0.01%REYNOLDS GROUP 5/15/2018 < 0.01%NORTHERN OIL 6/01/2020 < 0.01%FANNIE MAE 8/01/2027 < 0.01%ALLY FINANCIAL INC < 0.01%AT&T INC 8/15/2016 < 0.01%PETROBRAS INTL 1/27/2041 < 0.01%WACHOVIA BANK COMMERCIAL MO 5/15/2044 < 0.01%(L) CME CDX.NA.IG.22.V1 6/20/2019 < 0.01%ML-CFC COMMERCIAL MORTGAGE 2/12/2039 < 0.01%CLEAR CHANNEL 1/29/2016 < 0.01%FREDDIE MAC 1/01/2037 < 0.01%PROGRESS ENERGY 4/01/2022 < 0.01%DT AUTO OWNER TRUST 4/17/2017 < 0.01%NEW RESIDENTIAL ADVANCE REC 3/15/2045 < 0.01%FANNIE MAE 6/01/2043 < 0.01%(L) FSWP:USD 4.2025% 2/07/2024 < 0.01%FANNIE MAE 8/01/2043 < 0.01%L-3 COMMS CORP 5/28/2017 < 0.01%FREDDIE MAC 5/01/2027 < 0.01%ISTAR FINANCIAL 7/01/2019 < 0.01%IMPERIAL METALS 3/15/2019 < 0.01%ENERGY TRAN PTNR 4/15/2019 < 0.01%FREDDIE MAC 4/01/2040 < 0.01%ARCH COAL INC 10/01/2020 < 0.01%HIL PART LP/CORP 10/01/2020 < 0.01%ALERE INC 7/01/2018 < 0.01%FREDDIE MAC 2/01/2037 < 0.01%TEXAS COMP ELEC 10/10/2014 < 0.01%FREDDIE MAC 5/01/2033 < 0.01%DISH DBS CORP 5/01/2020 < 0.01%SALIX PHARMACEUT 1/15/2021 < 0.01%FREDDIE MAC 6/01/2043 < 0.01%FANNIE MAE 5/01/2033 < 0.01%(L)CME SWAP:USD 4.07 3/18/2024 < 0.01%EXCO RESOURCES 4/15/2022 < 0.01%FANNIE MAE 10/01/2040 < 0.01%FREDDIE MAC 1/01/2042 < 0.01%FANNIE MAE 11/01/2027 < 0.01%AST Portfolio Holdings71 of 635

AST BlackRock Global Strategies Portfolio (continued)Security% of PortfolioINGERSOLL-RND GL 1/15/2019 < 0.01%K HOVNANIAN ENTR 1/15/2019 < 0.01%HILLMAN GROUP INC 6/30/2021 < 0.01%T-MOBILE USA INC 1/15/2022 < 0.01%FANNIE MAE 7/01/2040 < 0.01%FIRST DATA CORP 9/24/2018 < 0.01%FANNIE MAE 8/01/2032 < 0.01%LINN ENERGY LLC 2/01/2021 < 0.01%FANNIE MAE 5/01/2040 < 0.01%FREDDIE MAC 5/01/2043 < 0.01%FANNIE MAE 11/01/2042 < 0.01%AMER ENERGY TRM LN 9/30/2018 < 0.01%FANNIE MAE 11/01/2027 < 0.01%ARCH COAL INC 6/15/2021 < 0.01%SCDS: (CHTR) 9/20/2017 < 0.01%S FRWD EUR 8/05/2014 < 0.01%COUNTRYWIDE ASSET-BACKED CE 1/25/2036 < 0.01%RAYONIER AM PROD 6/01/2024 < 0.01%GANNETT CO 7/15/2020 < 0.01%ADVANCED EMISSIONS SOLUTION < 0.01%PSEG POWER LLC 11/15/2018 < 0.01%FREDDIE MAC 7/01/2041 < 0.01%BTPS I/L 9/15/2023 < 0.01%FANNIE MAE 12/01/2027 < 0.01%FREDDIE MAC 8/01/2041 < 0.01%FANNIE MAE 9/01/2027 < 0.01%GOVERNMENT NATIONAL MORTGAG 3/15/2043 < 0.01%FANNIE MAE 11/01/2027 < 0.01%PUNCH TAVERNS 6/30/2033 < 0.01%RELIANT ENER MID 7/02/2017 < 0.01%FANNIE MAE 11/01/2027 < 0.01%SCANA CORP 2/01/2022 < 0.01%MATTEL INC 11/01/2016 < 0.01%DANAHER CORP 6/23/2016 < 0.01%TSY INFL IX N/B 4/15/2017 < 0.01%FANNIE MAE 5/01/2033 < 0.01%SIGNODE INDUS GR 5/01/2022 < 0.01%BAYTEX ENERGY 6/01/2024 < 0.01%YUM! BRANDS INC 11/15/2037 < 0.01%AFFINION GROUP 4/30/2018 < 0.01%LENNAR CORP 6/15/2019 < 0.01%FANNIE MAE 6/01/2040 < 0.01%FREDDIE MAC 9/01/2039 < 0.01%WINDSTREAM CORP 8/01/2023 < 0.01%APX GROUP INC 12/01/2019 < 0.01%FREDDIE MAC 2/01/2040 < 0.01%URANIUM PARTICIPATION CORP < 0.01%CEVA GROUP PLC: SYN LC TERM 3/19/2021 < 0.01%FREDDIE MAC 5/01/2033 < 0.01%FANNIE MAE 9/01/2041 < 0.01%FANNIE MAE 9/01/2042 < 0.01%LEVI STRAUSS 5/15/2018 < 0.01%TSY INFL IX N/B 7/15/2021 < 0.01%FSWP: USD 1.555 11/30/2018 < 0.01%Security% of PortfolioFANNIE MAE 9/01/2040 < 0.01%FREDDIE MAC 8/01/2043 < 0.01%IXIS REAL ESTATE CAPITAL TR 9/25/2035 < 0.01%PARK PLACE SECURITIES INC 12/25/2034 < 0.01%30Y RTP 3.35% 5/15/2017 < 0.01%REALOGY EXT SYN LC L + 425 10/10/2016 < 0.01%S FRWD NZD 10/21/2014 < 0.01%30Y RTP 4.35% 5/15/2017 < 0.01%3Y RTR 1.66% 1/14/2015 < 0.01%AINSWORTH LUMBER CO LTD < 0.01%LEHMAN BROS HLDG 10/17/2099 < 0.01%FANNIE MAE 6/01/2040 < 0.01%FANNIE MAE 6/01/2040 < 0.01%GOVERNMENT NATIONAL MORTGAG 5/20/2042 < 0.01%OSG INTERNATIONAL INC:TL-B 6/16/2019 < 0.01%S CROS NOK 9/12/2014 < 0.01%USU4 P @138 8/27/2014 < 0.01%FANNIE MAE 7/01/2040 < 0.01%FANNIE MAE 1/01/2040 < 0.01%TYV4 P @122.5 9/30/2014 < 0.01%ADVANTAGE SALES & MARKETING 7/07/2021 < 0.01%3Y RTP 1.66% 1/14/2015 < 0.01%OEZ5 P @98.75 12/20/2014 < 0.01%S FRWD EUR 9/12/2014 < 0.01%CANADIAN DOLLAR < 0.01%S FRWD AUD 9/12/2014 < 0.01%GMAC MORTGAGE CORPORATION L 1/25/2035 < 0.01%S FRWD EUR 8/05/2014 < 0.01%MEXICAN PESO < 0.01%S FRWD EUR 8/05/2014 < 0.01%EUR P USD C @ 1.3400 EO 10/10/2014 < 0.01%S FRWD EUR 8/05/2014 < 0.01%2EU6P@97.75 9/20/2014 < 0.01%S FRWD EUR 10/21/2014 < 0.01%S FRWD JPY 1 9/12/2014 < 0.01%S FRWD AUD 10/21/2014 < 0.01%USU4 C @ 140 8/27/2014 < 0.01%S FRWD EUR 10/21/2014 < 0.01%S FRWD EUR 10/21/2014 < 0.01%NEW ZEALAND DOLLA < 0.01%CPTFEMU FLOOR SYNTH 11/19/2015 < 0.01%L FRWD EUR 9/12/2014 < 0.01%BRAZILIAN REAL < 0.01%PROJECT NOVA WARRANT < 0.01%S FRWD EUR 8/05/2014 < 0.01%NORWEGIAN KRONE < 0.01%PROJECT NOVA BRIDGE 5/30/2022 < 0.01%AUSTRALIAN DOLLAR < 0.01%SOUTH AFRICAN RAN < 0.01%SWEDISH KRONA < 0.01%SINGAPORE DOLLAR < 0.01%NWP-RSTR 12/31/2099 < 0.01%US TREASURY N/B 8/15/2023 < 0.01%FANNIE MAE 7/12/2042 < 0.01%AST Portfolio Holdings72 of 635

AST BlackRock Global Strategies Portfolio (continued)Security% of Portfolio(S) IRS USD 1.54300 8/01/2018 < 0.01%10Y RTP 3.80 2/28/2015 < 0.01%10Y RTP 3.85 1/30/2015 < 0.01%L FRWD EUR 8/05/2014 < 0.01%(S)SWP: USD 2.62 7/02/2024 < 0.01%L CROS AUD 9/12/2014 < 0.01%10Y RTR 2.80 2/28/2015 < 0.01%SWP: USD 3.58375% 3/03/2044 < 0.01%SWP: USD 3.5825 3/03/2044 < 0.01%L FRWD NOK 9/12/2014 < 0.01%10Y RTP 3.20 7/30/2015 < 0.01%(S)SWAP:USD 3.455760 5/14/2044 < 0.01%(S)CME SWAP:USD 2.4725 9/16/2020 < 0.01%(S)CME SWAP:USD 3.555 3/18/2044 < 0.01%(S) CME SWAP: USD 2.169 7/30/2020 < 0.01%(L) CME CDX.NA.HY.22-V2 6/20/2019 < 0.01%(S)CME SWAP:USD 3.670 2/10/2044 < 0.01%CME SWAP: USD 2.2960 5/02/2021 < 0.01%(S) SWP:USD 3.65% 2/07/2044 < 0.01%AUSTRALIA DOLLAR -0.01%FTQ4 INDEX FUTURE SWAP AUG 8/20/2015 -0.01%EUROPEAN CURRENCY -0.01%FANNIE MAE 8/13/2042 -0.02%SCDS: (CZR) 5.0% 6/20/2017 -0.02%(TRS): SPGCENP INDEX HP 12/24/2015 -0.02%SCDS: (CZR) 12/20/2015 -0.02%EURO -0.02%GOVERNMENT NATIONAL MORTGAG 6/20/2042 -0.03%SCDS: (CZR) 5.0% 6/20/2019 -0.04%(TRS) DJUBS INDEX 9/05/2015 -0.04%(TRS) RMS G INDEX 11/30/2015 -0.06%INDEX SWAP (DJUBS) INDEX -0.09%FANNIE MAE 8/16/2042 -0.10%FANNIE MAE 8/01/2026 -0.13%FANNIE MAE 8/01/2041 -0.37%73 of 635AST Portfolio Holdings

AST BlackRock Multi-Asset Income PortfolioSecurity% of PortfolioISHARES IBOXX HIGH YIELD CO 24.51%ISHARES INTERNATIONAL SELEC 16.49%ISHARES CORE HIGH DIVIDEND 15.56%ISHARES US PREFERRED STOCK 13.88%ISHARES 1-3 YEAR CREDIT BON 6.99%ISHARES CMBS ETF 4.98%ISHARES 10+ YEAR CREDIT BON 4.94%ISHARES EMERGING MARKETS DI 3.87%ISHARES INTERMEDIATE CREDIT 2.98%PRUDENTIAL CORE INVESTMENT 2.91%ALERIAN MLP ETF 2.90%AST Portfolio Holdings74 of 635

AST BlackRock iShares ETF PortfolioSecurity% of PortfolioISHARES 1-3 YEAR CREDIT BON 20.83%ISHARES CORE U.S. AGGREGATE 19.74%ISHARES CORE S&P 500 ETF 16.73%ISHARES MSCI EAFE ETF 11.59%ISHARES INTERMEDIATE CREDIT 6.76%ISHARES RUSSELL 2000 ETF 4.92%ISHARES MSCI EMU ETF 4.20%ISHARES IBOXX HIGH YIELD CO 2.97%ISHARES MSCI JAPAN ETF 2.22%ISHARES U.S. HEALTHCARE ETF 2.22%ISHARES US FINANCIALS ETF 2.22%ISHARES USTECHNOLOGY ETF 2.22%ISHARES U.S. OIL & GAS EXPL 1.96%PRUDENTIAL CORE INVESTMENT 1.40%AST Portfolio Holdings75 of 635

AST Bond Portfolio 2015Security% of PortfolioUS TREASURY N/B 1.5 6/30/2016 13.22%US 5YR NOTE(CBT) 9/30/2014 12.34%RECV RECFIX 1.465 8/11/2016 12.26%RECV PAY FIX .632 9/06/2014 11.60%RECV PAYFIX 1.70% 9/06/2018 11.11%RFCSP STRIP PRIN 0 7/15/2020 7.12%US TREASURY N/ 2.125 1/31/2021 5.64%US TREASURY N/ 1.625 6/30/2019 5.16%RECV RECFIX1.2725 10/03/2016 4.87%INTERAMER DEV BK 0.5 8/17/2015 4.59%RECV RECFIX 0.72 10/03/2014 4.59%RECV PAYFIX 1.22% 7/23/2019 4.30%FREDDIE MAC 1.75 5/30/2019 3.75%RECV PAYFIX 0.84 7/16/2017 3.61%RECV PAYFIX .5275% 8/08/2015 3.58%FANNIE MAE 1.625 11/27/2018 3.55%RFCSP STRIP PRIN 0 10/15/2019 3.26%RECV PYFIX .84375% 8/01/2017 3.24%RECV PAYFIX .765% 10/09/2017 3.10%RECV REC FIX 1.425 8/09/2016 3.06%FED HOME LN BANK 1 6/21/2017 2.73%SBC COMMUNICATIO 5.1 9/15/2014 2.30%RECV PAYFIX 1.17% 1.24.17 1/24/2017 2.20%RECV PAYFIX 2.522 10/01/2020 2.19%STRIPS 0 8/15/2021 2.16%AID-ISRAEL 5.5 4/26/2024 2.15%DCENT 2012-A1 A1 8/15/2017 2.14%AMXCA 2009-2 A 3/15/2017 2.14%CCCIT 2013-A8 A8 12/12/2016 2.14%BRIT COLUMBIA 2 10/23/2022 2.00%BANK NOVA SCOT 1.65 10/29/2015 1.94%GCCFC 2007-GG9 A2 3/10/2039 1.92%RECV PAYFIX .835 10/26/2014 1.82%UBSBB 2012-C2 A3 5/10/2063 1.63%MORGAN STANLE 5.375 10/15/2015 1.61%RECV RECFIX 0.739 10/06/2014 1.61%PFIZER INC 5.35 3/15/2015 1.57%RECV SWP .90250 4/15/2018 1.56%JPMORGAN CHASE 3.7 1/20/2015 1.55%CVS CAREMARK 4.875 9/15/2014 1.53%RECV PAY FIX0.67 9/19/2014 1.53%CITIGROUP INC 5 9/15/2014 1.46%CGCMT 2013-GC11 A2 4/10/2046 1.42%RECV PAY FIX .774 11/09/2017 1.40%BANK OF AMER CRP 4.5 4/01/2015 1.33%YUM! BRANDS INC 4.25 9/15/2015 1.27%BOEING CO 3.5 2/15/2015 1.24%FED HOME LN BA 0.375 8/28/2015 1.22%RECV PAYFIX .656% 9/12/2014 1.22%RECV PAYFIX.8156 10/28/2014 1.20%RECV PAYFIX2.965% 8/17/2026 1.16%BSCMS 2007-PW17 AAB 6/11/2050 1.14%RECV PAYFIX 2.037 10/06/2021 1.06%ASIAN DEV BANK 1.75 9/11/2018 1.05%Security% of PortfolioUS TREASURY N/B 2 2/28/2021 1.03%GSMS 2006-GG6 A4 4/10/2038 0.96%XEROX CORP 4.25 2/15/2015 0.93%GSMS 2006-GG8 A4 11/10/2039 0.89%GECMC 2007-C1 A2 12/10/2049 0.83%GOLDMAN SACHS 3.625 2/07/2016 0.83%CA TXB-VAR PURP 5.45 4/01/2015 0.79%RECV PAYFIX 1.57% 2.21.19 2/21/2019 0.79%CARMX 2012-1 A3 9/15/2016 0.72%FINLAND REP OF 2.25 3/17/2016 0.63%BELGIUM KINGDO 2.875 9/15/2014 0.61%HAROT 2012-1 A3 1/15/2016 0.61%XYLEM INC 3.55 9/20/2016 0.61%FREDDIE MAC 2.375 1/13/2022 0.59%CAROLINA P & L 5.3 1/15/2019 0.57%AMER EXPRESS CR 2.75 9/15/2015 0.56%RECV IFS 2.8825 7/15/2024 0.53%STRIPS 0 2/15/2025 0.52%KOMMUNALBANKEN 1.125 5/23/2018 0.52%RECV PAYFIX 3.02% 9/06/2041 0.48%RECV PYFIX 1.179 12/03/2019 0.48%RECV PAY FIX3.11 9/06/2041 0.47%ACE INA HOLDING 2.6 11/23/2015 0.47%PRINCIPAL LFE 1.125 9/18/2015 0.46%BANK OF ENGLAND 0.5 3/21/2016 0.46%WBCMT 2006-C29 A4 11/15/2048 0.42%DENMARK KINGDO 0.625 5/22/2015 0.40%SWEDEN KINGDOM 0.375 5/18/2015 0.40%NETHERLANDS GOV 0.25 9/12/2015 0.40%AMER INTL GROUP 5.85 1/16/2018 0.38%PRUDENTIAL CORE INVESTMNT 12/31/2049 0.38%AID-ISRAEL 0 3/15/2022 0.36%ABB FINANCE US 1.625 5/08/2017 0.35%CANADA GOVT 2.375 9/10/2014 0.31%FANNIE MAE 0.875 5/21/2018 0.29%US TREASURY N/B 2.5 5/15/2024 0.27%RECV PYFIX .98899 5/17/2018 0.27%BP CAPITAL PL 3.125 10/01/2015 0.25%US TREASURY N/B 2 5/31/2021 0.20%RECV REC FIX2.22 9/06/2021 0.17%BACM 2006-6 A2 10/10/2045 0.12%US TREASURY N/ 3.625 2/15/2044 0.11%JPMCC 2007-LD11 A2 6/15/2049 0.11%US TREASURY N/ 2.875 3/31/2018 0.10%RECV PYFLTR 3.474 3/31/2044 0.06%RECV RECFIX 1.11125 9/27/2016 0.05%RECV RECFIX 1.29% 8/26/2016 0.04%10Y RTR 2.75 8/15/2014 0.03%PAYB USD 1.625 11/30/2018 0.02%RECV USD 1.625 11/30/2018 0.02%RECV PAYFLTR 2.2% 6/27/2020 < 0.01%RECV RECFIX 0.73 10/05/2014 < 0.01%PAYB PYFIX 1.56375 7/02/2018 < 0.01%RECV PYFIX 1.56375 7/02/2018 < 0.01%AST Portfolio Holdings76 of 635

AST Bond Portfolio 2015 (continued)Security% of PortfolioPAYB RECFIX 1.11125 9/27/2016 < 0.01%PAYB PYFLTR 3.474 3/31/2044 < 0.01%PAYB PAYFLTR 2.2% 6/27/2020 < 0.01%PAYB RECFIX 0.73 10/05/2014 < 0.01%PAYB RECFIX 1.096 5/22/2017 < 0.01%PAYB RECFIX .79 10/15/2017 < 0.01%PAYB PAYFLTR .45% 2/18/2016 < 0.01%PAYB RECFIX 1.29% 8/26/2016 < 0.01%RECV PAYFLTR .45% 2/18/2016 < 0.01%RECV RECFIX 1.096 5/22/2017 < 0.01%RECV USD 2.375 5/15/2021 -0.01%PAYB USD 2.375 5/15/2021 -0.01%PAYB REC FIX2.22 9/06/2021 -0.18%PAYB PYFIX .98899 5/17/2018 -0.26%RECV RECFIX .79 10/15/2017 -0.39%PAYB PAYFIX 3.02% 9/06/2041 -0.44%PAYB PYFIX 1.179 12/03/2019 -0.44%PAYB PAY FIX3.11 9/06/2041 -0.44%PAYB IFS 2.8825 7/15/2024 -0.53%PAYB PAYFIX 1.57% 2.21.19 2/21/2019 -0.77%PAYB PAYFIX 2.037 10/06/2021 -1.02%PAYB PAYFIX2.965% 8/17/2026 -1.18%PAYB PAYFIX.8156 10/28/2014 -1.20%PAYB PAYFIX .656% 9/12/2014 -1.22%PAYB PAY FIX .774 11/09/2017 -1.35%PAYB SWP .90250 4/15/2018 -1.49%PAYB PAY FIX0.67 9/19/2014 -1.53%PAYB RECFIX 0.739 10/06/2014 -1.60%PAYB PAYFIX .835 10/26/2014 -1.83%PAYB PAYFIX 1.17% 1.24.17 1/24/2017 -2.23%US 10YR NOTE FUT 9/19/2014 -2.28%PAYB PAYFIX 2.522 10/01/2020 -2.29%PAYB REC FIX 1.425 8/09/2016 -2.98%PAYB PAYFIX .765% 10/09/2017 -3.00%PAYB PYFIX .84375% 8/01/2017 -3.17%PAYB PAYFIX 0.84 7/16/2017 -3.54%PAYB PAYFIX .5275% 8/08/2015 -3.60%PAYB PAYFIX 1.22% 7/23/2019 -4.04%PAYB RECFIX 0.72 10/03/2014 -4.58%US LONG BOND 9/19/2014 -4.62%PAYB RECFIX1.2725 10/03/2016 -4.78%US 2YR NOTE FUT 9/30/2014 -10.72%PAYB PAYFIX 1.70% 9/06/2018 -11.18%PAYB PAY FIX .632 9/06/2014 -11.61%PAYB RECFIX 1.465 8/11/2016 -11.91%AST Portfolio Holdings77 of 635

AST Bond Portfolio 2016Security% of PortfolioRECV REC FIX1.84 8/17/2018 39.31%RECV ZCS 1.65185 12/31/2016 37.66%RECV ZCS 1.25717 12/31/2016 30.03%US 5YR NOTE(CBT) 9/30/2014 27.67%RECV PAYFIX .6587% 9/01/2014 18.99%RECV PAYFIX 2.522 10/01/2020 15.97%RECV PAYFIX 0.965 2/06/2017 14.16%RECV RECFIX .4012 9/27/2014 14.10%RECV RECFIX1.2725 10/03/2016 13.40%RECV PAYFIX 1.25% 8/31/2016 13.10%RECV PAYFIX 1.46% 8/11/2016 11.47%RECV PYFIX 2.455% 7/22/2018 11.25%RECV PAYFIX .5275% 8/08/2015 10.70%US 10YR NOTE FUT 9/19/2014 10.69%RECV RCFIX 1.085% 5/23/2017 9.48%RECV PAYFIX1.43% 10/11/2016 9.37%RECV PAYFIX 1.23% 8/18/2016 9.10%RECV PAYFIX 1.8% 12/08/2018 8.73%RECV PAYFIX .765% 10/09/2017 8.72%RECV PAYFIX 1.82% 9/01/2018 8.21%RECV PYFIX .4937 12/21/2015 7.35%US TREASURY N/B 2 2/28/2021 7.33%RECV PAYFIX .7775 10/03/2017 7.15%RECV PAYFIX.8156 10/28/2014 6.12%RFCSP STRIP PRIN 0 7/15/2020 5.88%RECV PAYFIX 0.65 9/27/2014 5.69%US ULTRA BOND FUT 9/19/2014 5.55%US TREASURY N/B 1.5 5/31/2019 5.09%RECV PAY FIX0.67 9/19/2014 4.90%RECV PAY FIX .774 11/09/2017 4.36%RECV PAYFIX 2.037 10/06/2021 3.87%GSMS 2006-GG6 A4 4/10/2038 3.85%RECV PAYFIX .656% 9/12/2014 3.67%RECV PAYFIX 1.816 4/10/2019 3.67%RECV PYFIX 1.7575 8/10/2022 3.22%RECV RECFIX 1.253 11/02/2019 2.85%RECV PAY FIX 1.98 11/01/2018 2.84%GSMS 2006-GG8 A4 11/10/2039 2.78%RFCSP STRIP PRIN 0 10/15/2019 2.75%RECV PAYFIX 2.11% 1.24.22 1/24/2022 2.65%FINLAND REP OF 2.25 3/17/2016 2.52%GECMC 2007-C1 A2 12/10/2049 2.51%AMERICA MOVIL 2.375 9/08/2016 2.51%CVS CAREMARK 3.25 5/18/2015 2.50%ASIAN DEV BANK 1.75 9/11/2018 2.47%INTERAMER DEV BK 0.5 8/17/2015 2.46%RECV REC FIX2.22 9/06/2021 2.36%RECV PAY FIX2.02 2/17/2022 2.30%MORGAN STANLE 5.375 10/15/2015 2.26%PRUDENTIAL CORE INVESTMNT 12/31/2049 2.24%RECV RECFIX 0.49 9/28/2015 2.21%RECV RCFIX 1.785% 9/25/2022 2.19%MLMT 2005-CKI1 A6 11/12/2037 2.18%RECV RECFIX 1.3375 6/07/2019 2.16%Security% of PortfolioCITIGROUP INC 5 9/15/2014 2.16%RECV PAYFIX 2.11% 1.24.22 1/24/2022 2.03%XYLEM INC 3.55 9/20/2016 1.93%TOTAL CAPITAL 3 6/24/2015 1.88%METLIFE INC 4.75 2/08/2021 1.78%BANK OF AMER CRP 4.5 4/01/2015 1.76%ENTERPRISE PRODU 5.2 9/01/2020 1.74%HAROT 2013-3 A2 1/15/2016 1.65%RECV RECFIX 1.696 10/05/2022 1.62%US TREASURY N/ 2.875 3/31/2018 1.61%RECV RECFIX 1.74% 10/03/2018 1.57%RECV PAYFIX 3.02% 9/06/2041 1.57%RECV PAY FIX3.11 9/06/2041 1.55%VWALT 2013-A A2A 12/20/2015 1.50%RECV PAYFIX 1.6425 3/05/2019 1.48%RECV PAY FIX1.528 8/04/2016 1.45%US TREASURY N/B 1.5 6/30/2016 1.44%GEN ELEC CAP CRP 5.3 2/11/2021 1.40%WEATHERFORD INC 6.35 6/15/2017 1.38%GOLDMAN SACHS G 5.25 7/27/2021 1.37%CAPITAL ONE FIN 4.75 7/15/2021 1.35%JPMORGAN CHASE 4.35 8/15/2021 1.32%RECV PAYFIX 1.31 01.03.17 1/03/2017 1.31%BAAT 2012-1 A3 6/15/2016 1.30%WBCMT 2006-C29 A4 11/15/2048 1.30%TECO FINANCE 4 3/15/2016 1.29%VERIZON COMM IN 3.5 11/01/2021 1.26%THERMO FISHER 2.25 8/15/2016 1.25%CITIGROUP INC 4.5 1/14/2022 1.25%AMER INTL GROUP 5.85 1/16/2018 1.25%MEDTRONIC INC 3 3/15/2015 1.25%PC FIN PTNRSHIP 5 11/15/2014 1.24%BELGIUM KINGDO 2.875 9/15/2014 1.23%DENMARK KINGDO 0.625 5/22/2015 1.23%SWEDEN KINGDOM 0.375 5/18/2015 1.23%CCCIT 2005-C2 C2 3/24/2017 1.23%AID-ISRAEL 0 3/15/2022 1.19%ANHEUSER-BUSCH 4.125 1/15/2015 1.12%NETHERLANDS GOV 0.25 9/12/2015 1.10%RECV SWP 1.84 5/01/2023 1.08%BP CAPITAL PL 3.125 10/01/2015 1.07%NORFOLK SOUTHERN 5.9 6/15/2019 1.06%WELLS FARGO C 5.625 12/11/2017 1.04%ABB FINANCE US 1.625 5/08/2017 0.99%BANK OF ENGLAND 0.5 3/21/2016 0.98%WILLIAMS PART 4.125 11/15/2020 0.97%ALLYA 2012-1 A3 2/16/2016 0.93%CSFB 2005-C6 AM 12/15/2040 0.90%COMCAST CORP 4.95 6/15/2016 0.86%BP CAPITAL PLC 3.2 3/11/2016 0.83%UNITEDHEALTH GRP 4.7 2/15/2021 0.82%NEXTERA ENERGY 4.5 6/01/2021 0.80%GEN ELEC CAP CRP 3.1 1/09/2023 0.79%US TREASURY N/ 3.625 2/15/2044 0.78%AST Portfolio Holdings78 of 635

AST Bond Portfolio 2016 (continued)Security% of PortfolioRECV PAYFIX 2.06 10/06/2021 0.72%LINCOLN NATL CRP 4.3 6/15/2015 0.69%AETNA INC 4.125 6/01/2021 0.66%JPMCC 2005-LDP5 AM 12/15/2044 0.65%RECV PYFLTR 1.24% 10/05/2016 0.58%US TREASURY N/B 2.25 3/31/2021 0.55%US TREASURY N/ 1.625 6/30/2019 0.55%FANNIE MAE 0.875 5/21/2018 0.54%US TREASURY N/ 3.375 5/15/2044 0.50%FREDDIE MAC 1.75 5/30/2019 0.37%GEN ELEC CAP C 4.625 1/07/2021 0.34%JPMCC 2007-LD11 A2 6/15/2049 0.34%TECK RESOURCES 3.85 8/15/2017 0.32%STRIP PRINC 0 2/15/2044 0.24%RECV CME .8525% 6/27/2016 0.16%GEN ELEC CAP C 4.65 10/17/2021 0.14%WM WRIGLEY JR CO 2 10/20/2017 0.12%STRIP PRINC 0 5/15/2044 0.09%PAYB USD 1.61424 6/03/2019 0.05%RECV USD 1.61424 6/03/2019 0.05%10Y RTR 2.75 8/15/2014 0.04%PAYB USD 1.625 11/30/2018 0.03%RECV USD 1.625 11/30/2018 0.03%PAYB PYFIX 1.6125 9/23/2018 0.01%RECV PYFIX 1.6125 9/23/2018 0.01%PAYB PYFIX 1.56375 7/02/2018 < 0.01%RECV PYFIX 1.56375 7/02/2018 < 0.01%PAYB PAYFLTR .45% 2/18/2016 < 0.01%PAYB CME .8525% 6/27/2016 < 0.01%PAYB PYFLTR 1.24% 10/05/2016 < 0.01%PAYB CME 1.5025% 6/25/2018 < 0.01%RECV PAYFLTR .45% 2/18/2016 < 0.01%RECV USD 2.375 5/15/2021 -0.01%PAYB USD 2.375 5/15/2021 -0.01%RECV CME 1.5025% 6/25/2018 -0.03%PAYB PAYFIX 2.06 10/06/2021 -0.69%PAYB SWP 1.84 5/01/2023 -1.23%PAYB PAYFIX 1.31 01.03.17 1/03/2017 -1.33%PAYB PAYFIX 3.02% 9/06/2041 -1.43%PAYB PAY FIX3.11 9/06/2041 -1.45%PAYB PAYFIX 1.6425 3/05/2019 -1.46%PAYB PAY FIX1.528 8/04/2016 -1.49%PAYB RECFIX 1.74% 10/03/2018 -1.56%PAYB RECFIX 1.696 10/05/2022 -1.84%PAYB PAYFIX 2.11% 1.24.22 1/24/2022 -1.95%PAYB PAY FIX2.02 2/17/2022 -2.18%PAYB RECFIX 0.49 9/28/2015 -2.21%PAYB RECFIX 1.3375 6/07/2019 -2.27%PAYB REC FIX2.22 9/06/2021 -2.39%PAYB RCFIX 1.785% 9/25/2022 -2.45%PAYB PAYFIX 2.11% 1.24.22 1/24/2022 -2.55%PAYB PYFIX 1.7575 8/10/2022 -2.90%PAYB PAY FIX 1.98 11/01/2018 -2.92%PAYB RECFIX 1.253 11/02/2019 -3.06%Security% of PortfolioPAYB PAYFIX .656% 9/12/2014 -3.68%PAYB PAYFIX 1.816 4/10/2019 -3.68%PAYB PAYFIX 2.037 10/06/2021 -3.72%PAYB PAY FIX .774 11/09/2017 -4.21%PAYB PAY FIX0.67 9/19/2014 -4.90%US LONG BOND 9/19/2014 -5.05%PAYB PAYFIX 0.65 9/27/2014 -5.70%PAYB PAYFIX.8156 10/28/2014 -6.14%PAYB PAYFIX .7775 10/03/2017 -6.94%PAYB PYFIX .4937 12/21/2015 -7.36%PAYB PAYFIX 1.82% 9/01/2018 -8.34%PAYB PAYFIX .765% 10/09/2017 -8.44%PAYB PAYFIX 1.8% 12/08/2018 -8.80%PAYB PAYFIX 1.23% 8/18/2016 -9.28%PAYB RCFIX 1.085% 5/23/2017 -9.50%PAYB PAYFIX1.43% 10/11/2016 -9.62%PAYB PAYFIX .5275% 8/08/2015 -10.74%PAYB PAYFIX 1.46% 8/11/2016 -11.81%PAYB PYFIX 2.455% 7/22/2018 -12.04%PAYB RECFIX1.2725 10/03/2016 -13.14%PAYB PAYFIX 1.25% 8/31/2016 -13.37%PAYB RECFIX .4012 9/27/2014 -14.09%PAYB PAYFIX 0.965 2/06/2017 -14.15%PAYB PAYFIX 2.522 10/01/2020 -16.68%PAYB PAYFIX .6587% 9/01/2014 -19.00%PAYB ZCS 1.25717 12/31/2016 -28.18%PAYB ZCS FLTR 12/31/2016 -33.70%PAYB REC FIX1.84 8/17/2018 -38.60%US 2YR NOTE FUT 9/30/2014 -56.46%AST Portfolio Holdings79 of 635

AST Bond Portfolio 2017Security% of PortfolioRECV REC FIX2.0 8/09/2018 38.18%RECV ZCS 1.97500 12/31/2017 28.40%US 5YR NOTE(CBT) 9/30/2014 16.87%RECV ZCS 2.26747 12/31/2017 14.66%RECV REC FIX 2.06 8/10/2018 14.09%RECV PAYFIX 1.63 11/15/2022 12.43%RECV PAY FIX0.52 9/11/2015 10.30%TENN VALLEY AUTH 5.5 7/18/2017 10.03%RECV PAYFIX 1.81% 12/05/2018 9.56%RFCSP STRIP PRIN 0 7/15/2020 9.30%RECV PAYFIX 1.3% 11/02/2016 8.99%RECV RECFIX 1.599 10/06/2018 8.68%RECV PYFIX .84375 3/19/2015 7.97%RECV PAYFIX .6587% 9/01/2014 7.55%RECV PAYFIX .835 10/26/2014 7.54%FANNIE MAE 1.625 11/27/2018 6.81%RECV RECFIX1.2725 10/03/2016 6.80%FICO STRIP PRN-3 0 11/30/2017 6.71%INTERAMER DEV BK 0.5 8/17/2015 6.60%RFCSP STRIP PRIN 0 10/15/2019 5.88%RECV PAYFIX .5275% 8/08/2015 5.52%RECV PAYFIX .582% 8/22/2014 5.23%RECV RECFIX 2.069 2/14/2023 5.21%RECV PAYFIX 1.8% 12/08/2018 5.21%RECV PAYFIX 2.522 10/01/2020 4.88%RECV PAYFIX 1.69% 1/12/2019 4.86%RECV PAYFIX 2.03% 8/11/2018 4.78%RECV RECFIX 1.17% 9/15/2016 4.47%RECV RECFIX 1.76% 8/12/2018 4.16%AID-ISRAEL 5.5 4/26/2024 4.10%JPMBB 2013-C12 A2 7/15/2045 4.10%COMM 2013-CR8 A2 6/10/2046 4.09%BRIT COLUMBIA 2 10/23/2022 3.94%RECV PAYFIX .88% 10/18/2014 3.84%RECV RECFIX 1.74% 10/03/2018 3.77%UBSBB 2012-C2 A3 5/10/2063 3.66%RECV PAYFIX.8156 10/28/2014 3.35%RECV PAYFIX 1.54% 3.2.19 3/02/2019 3.13%RECV PAYFIX 1.1225 3/06/2017 3.11%RECV PYFIX 1.265 10/31/2019 2.86%RECV PYFIX 1.6325 2/23/2019 2.83%RECV PAYFIX 1.70 12/14/2018 2.77%RECV PAY FIX0.67 9/19/2014 2.69%CSFB 2005-C1 A4 2/15/2038 2.58%ASIAN DEV BANK 1.75 9/11/2018 2.50%RECV PAYFIX .8% 10.28.14 10/28/2014 2.46%NMOTR 2013-A A 2/15/2018 2.39%RECV PAYFIX 2.23 12/06/2021 2.28%RECV REC FIX2.16 9/22/2021 2.27%CCCIT 2013-A3 A3 7/23/2018 2.25%RECV PAYFIX .656% 9/12/2014 2.24%CANADA GOVT 0.875 2/14/2017 2.24%RECV PAYFI 2.28% 10/11/2021 2.22%BANK OF AMER CRP 6 9/01/2017 2.19%Security% of PortfolioBACM 2005-3 A4 7/10/2043 2.14%GEDFT 2013-1 A 4/20/2018 2.10%RECV PAYFIX 2.105 2/19/2023 2.09%PRUDENTIAL CORE INVESTMNT 12/31/2049 2.05%VERIZON COMM INC 2.5 9/15/2016 2.01%WELLS FARGO C 5.625 12/11/2017 1.99%APPLE INC 1 5/03/2018 1.93%DISCOVER BANK 2 2/21/2018 1.93%RECV REC FIX2.14 8/09/2018 1.86%GSMS 2006-GG8 A4 11/10/2039 1.84%AID-ISRAEL 5.5 9/18/2023 1.77%GSMS 2006-GG6 A4 4/10/2038 1.72%RECV RECFIX 2.50 2/14/2027 1.69%GCCFC 2007-GG9 A2 3/10/2039 1.60%DCENT 2012-A3 A3 11/15/2017 1.50%BELGIUM KINGDO 2.875 9/15/2014 1.50%CHAIT 2012-A8 A8 10/16/2017 1.49%AMXCA 2012-4 A 5/15/2020 1.49%RECV PAYFIX 1.57% 2.21.19 2/21/2019 1.49%RECV PAYFIX .91% 9/28/2015 1.49%THERMO FISHER 2.25 8/15/2016 1.48%RECV PAYFIX .876% 4/18/2018 1.45%MORGAN STANLEY 5.5 1/26/2020 1.44%METLIFE INC 4.75 2/08/2021 1.42%CCCIT 2007-A8 A8 9/20/2019 1.40%BANK OF ENGLAND 0.5 3/21/2016 1.34%RECV PAYFIX 1.995 4/03/2023 1.29%RECV RECFIX 1.80 10/25/2022 1.27%RECV PAYFIX 1.75% 7/29/2016 1.24%US TREASURY N/ 2.875 3/31/2018 1.22%CCCIT 2005-C2 C2 3/24/2017 1.20%BP CAPITAL PLC 1.846 5/05/2017 1.17%US ULTRA BOND FUT 9/19/2014 1.13%BANK NOVA SCOT 1.65 10/29/2015 1.12%FREDDIE MAC 2.375 1/13/2022 1.09%JPMCC 2005-CB12 AM 9/12/2037 1.08%RECV RECFIX 3.07% 8/01/2021 1.07%RECV RECFIX 2.80% 8/04/2021 1.07%GEN ELEC CAP CRP 5.3 2/11/2021 1.07%AMCAR 2014-2 A2B 10/10/2017 1.05%RECV REC FIX2.22 9/06/2021 1.01%FNMA GEN STRIP 0 11/15/2021 1.01%UNITED TECH CORP 1.8 6/01/2017 1.01%US TREASURY N/ 3.625 2/15/2044 1.00%KOMMUNALBANKEN 1.125 5/23/2018 0.99%XYLEM INC 3.55 9/20/2016 0.99%AT&T INC 3.875 8/15/2021 0.95%RECV REC FIX1.77 10/11/2018 0.94%FORDO 2011-B B 1/15/2017 0.92%AMXCA 2012-5 C 5/15/2018 0.90%CHAIT 2014-A1 A1 1/15/2019 0.90%DCENT 2012-A5 A5 1/16/2018 0.90%FINLAND REP OF 2.25 3/17/2016 0.89%US TREASURY N/B 2.25 3/31/2021 0.89%AST Portfolio Holdings80 of 635

AST Bond Portfolio 2017 (continued)Security% of PortfolioAMERICA MOVIL 2.375 9/08/2016 0.87%WBCMT 2006-C29 A4 11/15/2048 0.87%SWEDEN KINGDOM 0.375 5/18/2015 0.87%NETHERLANDS GOV 0.25 9/12/2015 0.87%CITIGROUP INC 8.5 5/22/2019 0.85%GLAXOSMITHKLINE 1.5 5/08/2017 0.84%DENMARK KINGDO 0.625 5/22/2015 0.84%RECV RECFIX 2.25% 8/24/2021 0.82%RECV PAYFIX 3.02% 9/06/2041 0.80%GCCFC 2005-GG3 A4 8/10/2042 0.79%SPAIN 4 3/06/2018 0.79%RECV PAY FIX3.11 9/06/2041 0.79%RECV RECFIX 2.10% 10/04/2021 0.78%CSFB 2005-C2 A4 4/15/2037 0.76%GOLDMAN SACHS 5.375 3/15/2020 0.71%KINDER MORGAN E 3.95 9/01/2022 0.71%JPMORGAN CHASE 6.3 4/23/2019 0.70%WAL-MART STORES 4.25 4/15/2021 0.70%ABB FINANCE US 1.625 5/08/2017 0.67%ANHEUSER-BUSCH 4.125 1/15/2015 0.65%METLIFE INC 7.717 2/15/2019 0.64%AMER INTL GROUP 5.85 1/16/2018 0.64%NORFOLK SOUTHERN 5.9 6/15/2019 0.61%SDART 2014-1 A2B 6/15/2017 0.60%AID-ISRAEL 0 3/15/2022 0.59%GOLDMAN SACHS G 5.25 7/27/2021 0.58%AMERICAN EXPRE 2.65 12/02/2022 0.58%CAPITAL ONE FIN 4.75 7/15/2021 0.58%AMGEN INC 2.3 6/15/2016 0.57%JPMORGAN CHASE 4.35 8/15/2021 0.56%RECV IFS 2.8825 7/15/2024 0.56%JOHN DEERE CAP 3.9 7/12/2021 0.56%BSCMS 2007-PW17 AAB 6/11/2050 0.56%WILLIAMS PART 4.125 11/15/2020 0.55%RECV PYFIX 2.0375 3/21/2023 0.54%AT&T INC 2.5 8/15/2015 0.54%VERIZON COMM IN 3.5 11/01/2021 0.54%CITIGROUP INC 4.5 1/14/2022 0.52%RECV PYFIX .98899 5/17/2018 0.51%ALTRIA GROUP IN 9.7 11/10/2018 0.51%ALLYA 2012-1 A3 2/16/2016 0.49%UNITEDHEALTH GRP 4.7 2/15/2021 0.46%NEXTERA ENERGY 4.5 6/01/2021 0.45%AETNA INC 4.125 6/01/2021 0.44%BAAT 2012-1 A3 6/15/2016 0.42%GECMC 2007-C1 A2 12/10/2049 0.41%LBUBS 2006-C7 A2 11/15/2038 0.36%KRAFT FOODS GR 5.375 2/10/2020 0.35%SUNCOR INC 6.1 6/01/2018 0.34%GEN ELEC CAP CRP 3.1 1/09/2023 0.34%GEN ELEC CAP CRP 6 8/07/2019 0.31%CVS CAREMARK 3.25 5/18/2015 0.31%BP CAPITAL PL 3.125 10/01/2015 0.30%DENMARK KINGDO 0.375 4/25/2016 0.30%Security% of PortfolioFANNIE MAE 1.75 6/20/2019 0.28%TOTAL CAPITAL 3 6/24/2015 0.27%US TREASURY N/ 3.375 5/15/2044 0.24%ROYAL BK SCOTL 6.125 1/11/2021 0.24%JOHN DEERE CAP 3.15 10/15/2021 0.21%ENTERPRISE PRODU 5.2 9/01/2020 0.21%US TREASURY N/ 1.625 6/30/2019 0.20%WASTE MANAGEMENT 2.6 9/01/2016 0.19%MORGAN STANLEY 6 4/28/2015 0.16%PC FIN PTNRSHIP 5 11/15/2014 0.15%WM WRIGLEY JR CO 2 10/20/2017 0.14%RECV RECFIX 1.11125 9/27/2016 0.13%MLMT 2005-CKI1 A6 11/12/2037 0.13%PAYB USD 1.61424 6/03/2019 0.13%RECV USD 1.61424 6/03/2019 0.13%GEN ELEC CAP C 4.625 1/07/2021 0.12%JPMORGAN CHASE 4.4 7/22/2020 0.12%LINCOLN NATL CRP 4.3 6/15/2015 0.10%WEATHERFORD BE 9.625 3/01/2019 0.10%RECV CME .8525% 6/27/2016 0.09%JPMCC 2007-LD11 A2 6/15/2049 0.06%PAYB PYFIX 1.43% 10/25/2018 0.05%RECV PYFIX 1.43% 10/25/2018 0.05%10Y RTR 2.75 8/15/2014 0.05%GEN ELEC CAP C 4.65 10/17/2021 0.05%PAYB USD 1.625 11/30/2018 0.04%RECV USD 1.625 11/30/2018 0.04%TECK RESOURCES 3.85 8/15/2017 0.04%RECV PAYFLTR 1.78 8/21/2018 0.02%RECV PYFLTR 1.745 8/22/2018 0.02%US TREASURY N/B 0.5 6/30/2016 0.02%RECV PYFLTR 3.474 3/31/2044 0.02%PAYB PYFX 2.1125 10/22/2020 0.01%RECV PYFX 2.1125 10/22/2020 0.01%PAYB PYFIX 1.6125 9/23/2018 0.01%RECV PYFIX 1.6125 9/23/2018 0.01%PAYB PYFIX 1.56375 7/02/2018 < 0.01%RECV PYFIX 1.56375 7/02/2018 < 0.01%PAYB PYFLTR 3.474 3/31/2044 < 0.01%PAYB PAYFLTR .45% 2/18/2016 < 0.01%PAYB PAYFLTR 1.78 8/21/2018 < 0.01%PAYB PYFLTR 1.745 8/22/2018 < 0.01%PAYB CME 1.5025% 6/25/2018 < 0.01%PAYB RECFIX 1.11125 9/27/2016 < 0.01%PAYB CME .8525% 6/27/2016 < 0.01%RECV PAYFLTR .45% 2/18/2016 < 0.01%RECV PAYFIX 1.61 8/02/2018 < 0.01%PAYB PAYFIX 1.61 8/02/2018 < 0.01%RECV USD 2.375 5/15/2021 -0.02%PAYB USD 2.375 5/15/2021 -0.02%RECV CME 1.5025% 6/25/2018 -0.08%PAYB PYFIX .98899 5/17/2018 -0.49%PAYB PYFIX 2.0375 3/21/2023 -0.50%PAYB IFS 2.8825 7/15/2024 -0.56%AST Portfolio Holdings81 of 635

AST Bond Portfolio 2017 (continued)Security% of PortfolioPAYB PAYFIX 3.02% 9/06/2041 -0.73%PAYB PAY FIX3.11 9/06/2041 -0.74%PAYB RECFIX 2.10% 10/04/2021 -0.81%PAYB RECFIX 2.25% 8/24/2021 -0.82%PAYB REC FIX1.77 10/11/2018 -0.93%PAYB RECFIX 3.07% 8/01/2021 -0.97%PAYB RECFIX 2.80% 8/04/2021 -1.00%PAYB REC FIX2.22 9/06/2021 -1.02%PAYB PAYFIX 1.995 4/03/2023 -1.18%PAYB PAYFIX 1.75% 7/29/2016 -1.30%PAYB PAYFIX .876% 4/18/2018 -1.39%PAYB RECFIX 1.80 10/25/2022 -1.42%PAYB PAYFIX 1.57% 2.21.19 2/21/2019 -1.47%PAYB PAYFIX .91% 9/28/2015 -1.50%PAYB REC FIX2.14 8/09/2018 -1.79%PAYB RECFIX 2.50 2/14/2027 -1.85%PAYB PAYFIX 2.105 2/19/2023 -1.95%PAYB PAYFI 2.28% 10/11/2021 -2.20%PAYB PAYFIX 2.23 12/06/2021 -2.24%PAYB PAYFIX .656% 9/12/2014 -2.24%PAYB REC FIX2.16 9/22/2021 -2.32%PAYB PAYFIX .8% 10.28.14 10/28/2014 -2.47%PAYB PYFIX 1.265 10/31/2019 -2.67%PAYB PAY FIX0.67 9/19/2014 -2.69%PAYB PAYFIX 1.70 12/14/2018 -2.76%PAYB PYFIX 1.6325 2/23/2019 -2.80%PAYB PAYFIX 1.54% 3.2.19 3/02/2019 -3.07%PAYB PAYFIX 1.1225 3/06/2017 -3.13%PAYB PAYFIX.8156 10/28/2014 -3.36%US LONG BOND 9/19/2014 -3.70%PAYB RECFIX 1.74% 10/03/2018 -3.74%PAYB PAYFIX .88% 10/18/2014 -3.85%PAYB RECFIX 1.76% 8/12/2018 -4.11%PAYB RECFIX 1.17% 9/15/2016 -4.39%PAYB PAYFIX 1.69% 1/12/2019 -4.84%PAYB PAYFIX 2.03% 8/11/2018 -4.94%PAYB PAYFIX 2.522 10/01/2020 -5.10%PAYB PAYFIX .582% 8/22/2014 -5.23%PAYB PAYFIX 1.8% 12/08/2018 -5.25%PAYB PAYFIX .5275% 8/08/2015 -5.54%PAYB RECFIX 2.069 2/14/2023 -5.62%PAYB RECFIX1.2725 10/03/2016 -6.67%PAYB PAYFIX .6587% 9/01/2014 -7.55%PAYB PAYFIX .835 10/26/2014 -7.57%US 10YR NOTE FUT 9/19/2014 -7.82%PAYB PYFIX .84375 3/19/2015 -8.03%PAYB RECFIX 1.599 10/06/2018 -8.71%PAYB PAYFIX 1.3% 11/02/2016 -9.19%PAYB PAYFIX 1.81% 12/05/2018 -9.64%PAYB PAY FIX0.52 9/11/2015 -10.33%PAYB PAYFIX 1.63 11/15/2022 -10.89%PAYB ZCS 2.26747 12/31/2017 -11.96%PAYB REC FIX 2.06 8/10/2018 -13.60%PAYB ZCS FLTR 12/31/2017 -24.81%Security% of PortfolioPAYB REC FIX2.0 8/09/2018 -36.99%US 2YR NOTE FUT 9/30/2014 -80.68%AST Portfolio Holdings82 of 635

AST Bond Portfolio 2018Security% of PortfolioRECV REC FIX2.0 8/09/2018 35.35%RECV ZCS 2.80770 12/31/2018 17.85%US 5YR NOTE(CBT) 9/30/2014 15.12%RECV REC FIX1.76 11/23/2018 13.05%RECV RECFIX 1.74% 10/03/2018 10.14%RECV PAY FIX1.88 11/02/2018 9.71%RECV PAYFIX 0.61 8/17/2014 8.29%RECV PAYFIX 1.81% 12/05/2018 8.12%RFCSP STRIP PRIN 0 7/15/2020 6.78%RECV PAY FIX0.63 8/27/2014 6.60%RECV PAY FIX0.63 8/28/2014 6.60%RECV RCFIX 1.75% 11/29/2018 6.13%RECV PAYFIX 1.137 1/27/2017 5.82%TENN VALLEY AUTH 4.5 4/01/2018 5.61%INTERAMER DEV BK 0.5 8/17/2015 5.51%RECV PAYFIX 1.22% 7/23/2019 4.54%FANNIE MAE 1.625 11/27/2018 4.35%RECV REC FIX1.74 11/23/2018 4.20%US 10YR NOTE FUT 9/19/2014 4.10%RECV RECFIX1.5975 9/28/2018 3.65%RECV PY FX1.14875 1/17/2017 3.65%RECV PAYFIX 0.965 2/06/2017 3.59%RECV PAYFIX .615% 8/20/2015 3.47%BANK NOVA SCOT 1.65 10/29/2015 3.34%FREDDIE MAC 0.625 12/29/2014 3.33%RECV RECFIX 1.3925 6/07/2019 3.26%RECV PAY FIX .9375 7/05/2017 3.22%RECV PAY FIX 1.98 11/01/2018 3.21%RECV ZCS 3.3763 12/31/2018 2.98%RECV REC FIX1.17 9/06/2016 2.94%RECV PAYFIX 1.96 10/27/2018 2.90%RECV RECFIX 1.45% 5/23/2019 2.79%FED HOME LN BA 0.375 8/28/2015 2.74%BACM 2005-3 A4 7/10/2043 2.63%RECV REC FIX2.23 9/06/2021 2.63%AID-ISRAEL 5.5 4/26/2024 2.58%RECV REC FIX2.16 9/14/2021 2.49%RECV PAYFIX .965 3/20/2018 2.48%RECV PAYFIX 1.825% 9/02/2018 2.47%RECV PAYFIX 1.12% 1/20/2017 2.46%BRIT COLUMBIA 2 10/23/2022 2.45%RECV PYFIX 1.0025 3/27/2018 2.41%RECV PAYFIX .5925% 7/09/2015 2.37%JPMBB 2013-C12 A2 7/15/2045 2.31%COMM 2013-CR8 A2 6/10/2046 2.31%GCCFC 2005-GG5 A5 4/10/2037 2.29%RFCSP STRIP PRIN 0 10/15/2019 2.24%RECV RECFIX 0.49 9/28/2015 2.11%RECV PAYFIX 1.83% 9.11.22 9/11/2022 2.09%UBSBB 2012-C2 A3 5/10/2063 2.06%WBCMT 2006-C26 A3 6/15/2045 2.04%RECV RECFIX 2.40 10/14/2021 2.04%RECV PYFIX .7337 12/11/2017 2.00%RECV PAYFIX.8156 10/28/2014 1.97%Security% of PortfolioRECV REC FIX2.178 8/04/2018 1.87%RECV PAYFIX .736 12/12/2017 1.84%RECV REC FIX1.74 8/24/2018 1.79%RECV PAYFIX .903% 3/06/2018 1.77%DCENT 2012-A5 A5 1/16/2018 1.77%RECV PAY FX 2.015 1/19/2022 1.72%RECV PAY FIX1.70 9/13/2018 1.66%RECV PAYFIX 1.27 8/08/2019 1.63%RECV PAYFIX .959% 3/08/2018 1.61%RECV PAYFIX 0.65 9/27/2014 1.57%CSFB 2005-C1 A4 2/15/2038 1.56%RECV PAY FIX2.057 8/09/2018 1.54%NMOTR 2013-A A 2/15/2018 1.52%RECV RECFIX 1.35 12/29/2016 1.42%CANADA GOVT 0.875 2/14/2017 1.39%RECV PAYFIX .656% 9/12/2014 1.33%RECV PYFIX .4937 12/21/2015 1.30%ASIAN DEV BANK 1.75 9/11/2018 1.28%WACHOVIA CORP 5.75 2/01/2018 1.26%BANK OF AMER CRP 6 9/01/2017 1.25%RECV PYFIX 1.7575 8/10/2022 1.23%DISCOVER BANK 2 2/21/2018 1.21%GEDFT 2013-1 A 4/20/2018 1.21%CHAIT 2007-C1 C1 4/15/2019 1.20%APPLE INC 1 5/03/2018 1.18%RECV RECFIX 1.76% 8/12/2018 1.12%RECV PAYFIX 1.82% 9/06/2018 1.11%RECV PAYFIX 1.20 11/28/2019 1.09%RECV RECFIX .775 11/13/2017 1.08%RECV PAYFIX 1.48 2/26/2020 1.07%GSMS 2006-GG8 A4 11/10/2039 1.07%GSMS 2006-GG6 A4 4/10/2038 1.06%RECV PAY FIX1.82 8/18/2018 1.05%FORDF 2013-1 A2 1/15/2018 1.01%RECV RECFIX 2.455 7/28/2018 1.01%RECV PAYFIX 2.11% 1.24.22 1/24/2022 0.95%CHAIT 2014-A1 A1 1/15/2019 0.95%RECV REC FIX 1.98 3/22/2019 0.95%RECV RECFIX 1.80 10/25/2022 0.93%RECV PAYFIX 1.455 4/04/2020 0.92%GCCFC 2007-GG9 A2 3/10/2039 0.91%RECV RECFIX 1.64 4/13/2019 0.90%RECV PAYFIX 1.043 3/13/2018 0.90%AID-ISRAEL 0 3/15/2022 0.89%RECV PAYFIX 1.79% 8/31/2018 0.87%BP CAPITAL PLC 1.846 5/05/2017 0.87%MORGAN STANLEY 5.5 1/26/2020 0.84%AMXCA 2011-1 A 4/17/2017 0.82%RECV REC FIX2.16 9/22/2021 0.80%CCCIT 2005-C2 C2 3/24/2017 0.76%RECV RCFIX 1.722 10/16/2022 0.75%RECV RECFIX .4012 9/27/2014 0.73%RECV PAYFIX .835 10/26/2014 0.72%RECV PAYFIX .8% 10.28.14 10/28/2014 0.72%AST Portfolio Holdings83 of 635

AST Bond Portfolio 2018 (continued)Security% of PortfolioFANNIE MAE 0.875 5/21/2018 0.72%AT&T INC 3.875 8/15/2021 0.72%BELGIUM KINGDO 2.875 9/15/2014 0.70%FREDDIE MAC 2.375 1/13/2022 0.69%SPAIN 4 3/06/2018 0.67%CITIGROUP INC 8.5 5/22/2019 0.66%RECV REC FIX 2.4 8/02/2018 0.66%VERIZON COMM IN 3.65 9/14/2018 0.65%BACCT 2014-A2 A 9/16/2019 0.63%AMCAR 2014-2 A2B 10/10/2017 0.63%BANK OF ENGLAND 0.5 3/21/2016 0.63%AMXCA 2012-4 A 5/15/2020 0.63%CCCIT 2006-A7 A7 12/17/2018 0.63%AMXCA 2014-2 A 1/15/2020 0.63%JPMORGAN CHASE 6.3 4/23/2019 0.63%KOMMUNALBANKEN 1.125 5/23/2018 0.63%RECV REC FIX1.71 9/29/2018 0.62%METLIFE INC 7.717 2/15/2019 0.62%XYLEM INC 3.55 9/20/2016 0.61%METLIFE INC 4.75 2/08/2021 0.60%UNITED TECH CORP 1.8 6/01/2017 0.57%AMXCA 2012-5 C 5/15/2018 0.57%RECV RECFIX 1.3375 6/07/2019 0.56%RECV PAY FIX1.69 9/08/2018 0.56%SWEDEN KINGDOM 0.375 5/18/2015 0.53%AMERICA MOVIL 2.375 9/08/2016 0.53%NETHERLANDS GOV 0.25 9/12/2015 0.53%DENMARK KINGDO 0.625 5/22/2015 0.53%GLAXOSMITHKLINE 1.5 5/08/2017 0.51%RECV PAYFIX 2.06 10/06/2021 0.51%WBCMT 2006-C29 A4 11/15/2048 0.50%RECV PAYFIX 3.02% 9/06/2041 0.48%FANNIE MAE 1.75 6/20/2019 0.48%RECV PAY FIX3.11 9/06/2041 0.47%FINLAND REP OF 2.25 3/17/2016 0.46%GOLDMAN SACHS 5.375 3/15/2020 0.44%RECV RECFIX 2.35 12/28/2027 0.44%RECV PYFIX 2.0375 3/21/2023 0.43%AMGEN INC 2.3 6/15/2016 0.43%GEN ELEC CAP CRP 5.3 2/11/2021 0.42%KINDER MORGAN E 3.95 9/01/2022 0.41%GEN ELEC CAP CRP 6 8/07/2019 0.41%US TREASURY N/ 1.625 6/30/2019 0.41%RECV REC FIX2.21 9/16/2021 0.41%ABB FINANCE US 1.625 5/08/2017 0.41%FANNIE MAE 5.375 6/12/2017 0.40%AMER INTL GROUP 5.85 1/16/2018 0.39%RECV RECFIX 2.18% 10/03/2021 0.39%FORDO 2011-B B 1/15/2017 0.39%SDART 2014-1 A2B 6/15/2017 0.38%PNC BANK NA 2.95 1/30/2023 0.38%GCCFC 2005-GG3 A4 8/10/2042 0.34%NORFOLK SOUTHERN 5.9 6/15/2019 0.33%RECV PYFIX .98899 5/17/2018 0.33%Security% of PortfolioFANNIE MAE 1.75 9/12/2019 0.30%WILLIAMS PART 4.125 11/15/2020 0.30%NBCUNIVERSAL E 1.974 4/15/2019 0.30%WAL-MART STORE 4.125 2/01/2019 0.29%ALLYA 2012-1 A3 2/16/2016 0.29%RECV ZCS FLTR 11/15/2019 0.29%FICO STRIP PRIN 0 9/26/2019 0.28%WAL-MART STORES 4.25 4/15/2021 0.28%UNITEDHEALTH GRP 4.7 2/15/2021 0.27%ALTRIA GROUP IN 9.7 11/10/2018 0.27%RECV ZCS FLTR 5/15/2021 0.27%NEXTERA ENERGY 4.5 6/01/2021 0.26%RECV ZCS FLTR 5/15/2021 0.26%MORGAN STANLEY 6 4/28/2015 0.25%BAAT 2012-1 A3 6/15/2016 0.22%AETNA INC 6.5 9/15/2018 0.22%GOLDMAN SACHS G 5.25 7/27/2021 0.21%BANK OF AMER CRP 4.5 4/01/2015 0.21%AMERICAN EXPRE 2.65 12/02/2022 0.21%RECV RECFIX 2.50 2/14/2027 0.21%CAPITAL ONE FIN 4.75 7/15/2021 0.21%JPMORGAN CHASE 4.35 8/15/2021 0.20%JOHN DEERE CAP 3.9 7/12/2021 0.20%VERIZON COMM IN 3.5 11/01/2021 0.19%MLCFC 2006-1 A4 2/12/2039 0.19%BARCLAYS BK PLC 6.75 5/22/2019 0.19%CITIGROUP INC 4.5 1/14/2022 0.19%XEROX CORP 6.75 2/01/2017 0.17%BACM 2005-2 A5 7/10/2043 0.17%CA TXB-VAR PURP 5.45 4/01/2015 0.16%KRAFT FOODS GR 5.375 2/10/2020 0.15%FICO STRIP PRN-3 0 11/30/2017 0.14%ATMOS ENERGY 8.5 3/15/2019 0.14%DENMARK KINGDO 0.375 4/25/2016 0.13%GECMC 2007-C1 A2 12/10/2049 0.12%GN 755655 4 12/15/2040 0.12%GEN ELEC CAP CRP 3.1 1/09/2023 0.12%JOHN DEERE CAP 3.15 10/15/2021 0.12%RECV IFS 2.8825 7/15/2024 0.12%US TREASURY N/ 3.375 5/15/2044 0.12%STATOILHYDRO AS 5.25 4/15/2019 0.12%WASTE MANAGEMENT 2.6 9/01/2016 0.11%VIACOM INC 4.5 3/01/2021 0.11%AETNA INC 4.125 6/01/2021 0.10%CAROLINA P & L 5.3 1/15/2019 0.09%PAYB USD 1.61424 6/03/2019 0.07%RECV USD 1.61424 6/03/2019 0.07%BP CAPITAL PL 3.125 10/01/2015 0.07%ROYAL BK SCOTL 6.125 1/11/2021 0.05%GEN ELEC CAP C 4.625 1/07/2021 0.05%OCCIDENTAL PETE 4.1 2/01/2021 0.04%FANNIE MAE 1.875 2/19/2019 0.04%RECV CME .8525% 6/27/2016 0.03%10Y RTR 2.75 8/15/2014 0.03%AST Portfolio Holdings84 of 635

AST Bond Portfolio 2018 (continued)Security% of PortfolioPAYB USD 1.625 11/30/2018 0.03%RECV USD 1.625 11/30/2018 0.03%PAYB PYFIX 1.43% 10/25/2018 0.03%RECV PYFIX 1.43% 10/25/2018 0.03%RECV PAYFLTR 1.78 8/21/2018 0.02%WEATHERFORD BE 5.125 9/15/2020 0.02%GEN ELEC CAP C 4.65 10/17/2021 0.02%RECV PYFLTR 1.745 8/22/2018 0.02%BACM 2006-6 A2 10/10/2045 0.02%GN 487668 4 2/15/2039 0.02%JPMCC 2007-LD11 A2 6/15/2049 0.02%PAYB USD 2.10500 6/03/2021 0.02%RECV USD 2.10500 6/03/2021 0.02%PAYB PYFX 2.1125 10/22/2020 0.01%RECV PYFX 2.1125 10/22/2020 0.01%PRUDENTIAL CORE INVESTMNT 12/31/2049 < 0.01%PAYB PYFLTR 1.745 8/22/2018 < 0.01%PAYB PAYFLTR 1.78 8/21/2018 < 0.01%PAYB PAYFLTR .45% 2/18/2016 < 0.01%PAYB CME .8525% 6/27/2016 < 0.01%PAYB RCFX 1.83625 6/17/2020 < 0.01%RECV PAYFLTR .45% 2/18/2016 < 0.01%RECV PAYFIX 1.61 8/02/2018 < 0.01%PAYB PAYFIX 1.61 8/02/2018 < 0.01%RECV PAYFIX 2.1425 7/02/2020 -0.01%PAYB PAYFIX 2.1425 7/02/2020 -0.01%RECV USD 2.375 5/15/2021 -0.01%PAYB USD 2.375 5/15/2021 -0.01%LOAN WITH PNC BANK 6/15/2049 -0.02%RECV PAY FIX2.86 9/23/2023 -0.03%PAYB PAY FIX2.86 9/23/2023 -0.03%RECV RCFX 1.83625 6/17/2020 -0.05%PAYB IFS 2.8825 7/15/2024 -0.12%PAYB RECFIX 2.50 2/14/2027 -0.23%US LONG BOND 9/19/2014 -0.26%PAYB PYFIX .98899 5/17/2018 -0.31%PAYB PYFIX 2.0375 3/21/2023 -0.40%PAYB RECFIX 2.18% 10/03/2021 -0.40%PAYB REC FIX2.21 9/16/2021 -0.41%PAYB PAYFIX 3.02% 9/06/2041 -0.44%PAYB PAY FIX3.11 9/06/2041 -0.44%PAYB PAYFIX 2.06 10/06/2021 -0.49%PAYB RECFIX 2.35 12/28/2027 -0.51%PAYB PAY FIX1.69 9/08/2018 -0.56%PAYB RECFIX 1.3375 6/07/2019 -0.59%PAYB REC FIX1.71 9/29/2018 -0.62%PAYB REC FIX 2.4 8/02/2018 -0.62%PAYB ZCS 4.41939 5/15/2021 -0.71%PAYB ZCS 4.44614 5/15/2021 -0.71%PAYB PAYFIX .8% 10.28.14 10/28/2014 -0.72%PAYB PAYFIX .835 10/26/2014 -0.72%PAYB RECFIX .4012 9/27/2014 -0.73%PAYB ZCS 4.54574 11/15/2019 -0.76%PAYB REC FIX2.16 9/22/2021 -0.82%Security% of PortfolioPAYB RCFIX 1.722 10/16/2022 -0.85%PAYB PAYFIX 1.455 4/04/2020 -0.86%PAYB PAYFIX 1.043 3/13/2018 -0.87%PAYB PAYFIX 1.79% 8/31/2018 -0.88%PAYB PAYFIX 2.11% 1.24.22 1/24/2022 -0.92%PAYB RECFIX 1.64 4/13/2019 -0.92%PAYB REC FIX 1.98 3/22/2019 -0.93%PAYB RECFIX 2.455 7/28/2018 -0.95%PAYB PAYFIX 1.20 11/28/2019 -1.00%PAYB PAYFIX 1.48 2/26/2020 -1.01%PAYB RECFIX 1.80 10/25/2022 -1.04%US ULTRA BOND FUT 9/19/2014 -1.05%PAYB PAY FIX1.82 8/18/2018 -1.07%PAYB RECFIX 1.76% 8/12/2018 -1.11%PAYB PYFIX 1.7575 8/10/2022 -1.11%PAYB RECFIX .775 11/13/2017 -1.12%PAYB PAYFIX 1.82% 9/06/2018 -1.13%PAYB PYFIX .4937 12/21/2015 -1.30%PAYB PAYFIX .656% 9/12/2014 -1.33%PAYB RECFIX 1.35 12/29/2016 -1.39%PAYB PAYFIX 1.27 8/08/2019 -1.53%PAYB PAYFIX .959% 3/08/2018 -1.56%PAYB PAYFIX 0.65 9/27/2014 -1.57%PAYB PAY FIX2.057 8/09/2018 -1.60%PAYB PAY FX 2.015 1/19/2022 -1.63%PAYB PAY FIX1.70 9/13/2018 -1.67%PAYB PAYFIX .903% 3/06/2018 -1.71%PAYB PAYFIX .736 12/12/2017 -1.77%PAYB REC FIX1.74 8/24/2018 -1.77%PAYB REC FIX2.178 8/04/2018 -1.79%PAYB PAYFIX 1.83% 9.11.22 9/11/2022 -1.90%PAYB PYFIX .7337 12/11/2017 -1.92%PAYB PAYFIX.8156 10/28/2014 -1.98%PAYB RECFIX 2.40 10/14/2021 -2.02%PAYB RECFIX 0.49 9/28/2015 -2.11%PAYB ZCS FLTR 12/31/2018 -2.15%PAYB PYFIX 1.0025 3/27/2018 -2.33%PAYB PAYFIX .5925% 7/09/2015 -2.38%PAYB PAYFIX .965 3/20/2018 -2.39%PAYB PAYFIX 1.12% 1/20/2017 -2.48%PAYB PAYFIX 1.825% 9/02/2018 -2.51%PAYB REC FIX2.16 9/14/2021 -2.54%PAYB REC FIX2.23 9/06/2021 -2.66%PAYB RECFIX 1.45% 5/23/2019 -2.90%PAYB REC FIX1.17 9/06/2016 -2.90%PAYB PAYFIX 1.96 10/27/2018 -2.97%PAYB PAY FIX .9375 7/05/2017 -3.18%PAYB PAY FIX 1.98 11/01/2018 -3.29%PAYB RECFIX 1.3925 6/07/2019 -3.40%PAYB PAYFIX .615% 8/20/2015 -3.49%PAYB PAYFIX 0.965 2/06/2017 -3.59%PAYB RECFIX1.5975 9/28/2018 -3.67%PAYB PY FX1.14875 1/17/2017 -3.69%PAYB REC FIX1.74 11/23/2018 -4.18%AST Portfolio Holdings85 of 635

AST Bond Portfolio 2018 (continued)Security% of PortfolioPAYB PAYFIX 1.22% 7/23/2019 -4.26%PAYB PAYFIX 1.137 1/27/2017 -5.87%PAYB RCFIX 1.75% 11/29/2018 -6.10%PAYB PAY FIX0.63 8/27/2014 -6.60%PAYB PAY FIX0.63 8/28/2014 -6.60%PAYB PAYFIX 1.81% 12/05/2018 -8.19%PAYB PAYFIX 0.61 8/17/2014 -8.30%PAYB PAY FIX1.88 11/02/2018 -9.87%PAYB RECFIX 1.74% 10/03/2018 -10.07%PAYB REC FIX1.76 11/23/2018 -12.98%PAYB ZCS FLTR 12/31/2018 -14.09%US 2YR NOTE FUT 9/30/2014 -30.28%PAYB REC FIX2.0 8/09/2018 -34.25%AST Portfolio Holdings86 of 635

AST Bond Portfolio 2019Security% of PortfolioRECV ZCS 1.89088 12/31/2019 60.38%RECV ZCS 4.13691 12/31/2019 13.40%RECV ZCS 3.538 12/31/2019 11.24%AID-ISRAEL 0 9/15/2020 10.74%RECV PAYFIX 1.69% 1/13/2022 10.05%RECV ZCS FLTR 12/31/2019 8.39%US 10YR NOTE FUT 9/19/2014 7.26%FREDDIE MAC 1.75 5/30/2019 6.02%RECV PYFIX 1.5825 9/15/2020 5.77%RECV RECFIX 2.39% 8/15/2021 5.30%FANNIE MAE 0.5 7/02/2015 3.91%US 5YR NOTE(CBT) 9/30/2014 3.71%BANK NOVA SCOT 1.65 10/29/2015 3.63%RECV RECFIX 1.605 1/13/2022 2.91%FED HOME LN BANK 1 6/21/2017 2.78%RECV PAYFIX .915 1/15/2018 2.53%JPMCC 2005-LDP5 A4 12/15/2044 2.36%GCCFC 2005-GG5 A5 4/10/2037 2.35%RFCSP STRIP PRIN 0 7/15/2020 2.31%COMM 2013-CR8 A2 6/10/2046 2.30%RECV PAYFIX 1.22% 7/23/2019 2.25%INTERAMER DEV BK 0.5 8/17/2015 2.19%BACM 2005-3 A4 7/10/2043 2.04%RECV RECFIX 1.27% 1/03/2017 1.99%EXPORT DEV CAN 1.5 10/03/2018 1.61%RECV PYFIX 1.0025 3/27/2018 1.59%BRIT COLUMBIA 2 10/23/2022 1.59%GSMS 2006-GG8 A4 11/10/2039 1.53%MLCFC 2006-4 A3 12/12/2049 1.52%RECV PYFIX .7337 12/11/2017 1.52%ASIAN DEV BANK 1.75 9/11/2018 1.52%RECV RCFIX 1.1987 10/03/2019 1.48%UBSC 2011-C1 A2 1/10/2045 1.46%RECV PAYFIX .903% 3/06/2018 1.45%RECV PAYFIX .5275% 8/08/2015 1.42%CCCIT 2006-A7 A7 12/17/2018 1.42%RECV SWP 1.35875 4/16/2020 1.40%NMOTR 2013-A A 2/15/2018 1.35%COMM 2013-CR6 A2 3/10/2046 1.29%CSFB 2005-C1 A4 2/15/2038 1.28%JPMCC 2012-LC9 A3 12/15/2047 1.28%CHAIT 2007-C1 C1 4/15/2019 1.27%FED HOME LN BA 0.375 8/28/2015 1.25%AID-ISRAEL 0 3/15/2020 1.25%RECV PAYFIX 1.55% 2/22/2020 1.24%GEDFT 2013-1 A 4/20/2018 1.14%HAROT 2013-3 A3 5/15/2017 1.14%DCENT 2012-A5 A5 1/16/2018 1.14%RECV IFS 2.8825 7/15/2024 1.14%CANADA GOVT 0.875 2/14/2017 1.13%RECV PAYFIX .615% 8/20/2015 1.10%WACHOVIA CORP 5.75 2/01/2018 1.09%RECV PAYFIX 1.66% 8/22/2018 1.06%APPLE INC 1 5/03/2018 1.06%Security% of PortfolioDISCOVER BANK 2 2/21/2018 1.05%FORDF 2013-1 A2 1/15/2018 1.00%FANNIE MAE 1.75 6/20/2019 0.97%UBSBB 2012-C2 A3 5/10/2063 0.90%RECV SWP 1.815 5/08/2023 0.90%FICO STRIP PRIN 0 9/26/2019 0.90%CHAIT 2014-A1 A1 1/15/2019 0.85%RECV PYFIX 2.0375 3/21/2023 0.81%AID-ISRAEL 5.5 4/26/2024 0.78%GCCFC 2005-GG3 A4 8/10/2042 0.77%RECV RECFIX 2.62% 9/30/2026 0.76%RECV PAYFIX 1.69% 1/12/2019 0.76%SPAIN 4 3/06/2018 0.76%MLMT 2005-CIP1 A4 7/12/2038 0.73%VERIZON COMM IN 3.65 9/14/2018 0.73%FREDDIE MAC 2.375 1/13/2022 0.72%CCCIT 2013-A3 A3 7/23/2018 0.71%AESOP 2012-3A A 3/20/2019 0.71%BELGIUM KINGDO 2.875 9/15/2014 0.71%BACCT 2014-A2 A 9/16/2019 0.71%AMXCA 2014-1 A 12/15/2021 0.71%CCCIT 2005-C2 C2 3/24/2017 0.71%VWALT 2013-A A2A 12/20/2015 0.70%CSFB 2005-C5 A4 8/15/2038 0.67%RECV PAYFIX 1.34 4/18/2020 0.66%RECV PAYFIX 2.27 12.5.21 12/05/2021 0.65%MORGAN STANLEY 5.5 7/28/2021 0.61%RECV RECFIX 1.74% 10/03/2018 0.60%RECV RECFIX 2.25% 8/24/2021 0.60%RECV PAYFIX 2.35 10/19/2021 0.59%WBCMT 2007-C33 A4 2/15/2051 0.59%SUNCOR INC 6.1 6/01/2018 0.57%AMXCA 2012-5 C 5/15/2018 0.57%CANADA GOVT 2.375 9/10/2014 0.57%AMCAR 2014-2 A2B 10/10/2017 0.57%RECV RECFIX 2.35% 3/28/2022 0.56%KOMMUNALBANKEN 1.125 5/23/2018 0.56%RECV PAYFX 1.77% 8.29.22 8/29/2022 0.56%LYONDELLBASELL 5 4/15/2019 0.56%BANK OF AMER CRP 5.7 1/24/2022 0.53%RECV PAYFIX 1.043 3/13/2018 0.50%FORDO 2012-D A3 4/15/2017 0.49%GOLDMAN SACHS G 5.75 1/24/2022 0.49%RECV RCFIX 1.785% 9/25/2022 0.48%WAL-MART STORE 4.125 2/01/2019 0.48%CITIGROUP INC 4.5 1/14/2022 0.46%RECV ZCS FLTR 12/31/2019 0.45%RECV RCFIX 1.741 10/12/2022 0.44%FINLAND REP OF 2.25 3/17/2016 0.44%FORDO 2011-B B 1/15/2017 0.44%RECV RECFIX 2.35 12/28/2027 0.43%DENMARK KINGDO 0.625 5/22/2015 0.43%SWEDEN KINGDOM 0.375 5/18/2015 0.43%SDART 2014-1 A2B 6/15/2017 0.43%AST Portfolio Holdings87 of 635

AST Bond Portfolio 2019 (continued)Security% of PortfolioBANK OF ENGLAND 0.5 3/21/2016 0.43%RECV PAY FIX0.67 9/19/2014 0.43%NETHERLANDS GOV 0.25 9/12/2015 0.43%RECV PAYFIX 1.82% 9/01/2018 0.42%RECV ZCS FLTR 5/15/2020 0.40%JPMORGAN CHASE 3.25 9/23/2022 0.39%CF INDUSTRIES 7.125 5/01/2020 0.39%MAGELLAN MIDSTR 4.25 2/01/2021 0.38%RECV ZCS FLTR 11/15/2019 0.37%MORGAN STANLEY 6 4/28/2015 0.36%BANK OF AMER CRP 2.6 1/15/2019 0.36%RECV PAYFIX.8156 10/28/2014 0.35%BP CAPITAL PLC 1.375 5/10/2018 0.35%FORD MOTOR CRE 2.375 1/16/2018 0.35%PNC BANK NA 2.95 1/30/2023 0.35%RECV ZCS FLTR 5/15/2021 0.34%RECV ZCS FLTR 5/15/2021 0.34%METLIFE INC 7.717 2/15/2019 0.33%RECV RECFIX 2.57% 8/11/2021 0.33%RECV PYFIX .53527 3/22/2016 0.33%GCCFC 2007-GG9 A2 3/10/2039 0.33%RECV PAYFIX 1.73 11/08/2018 0.33%AMER INTL GROUP 2.3 7/16/2019 0.32%RECV PAY FIX1.528 8/04/2016 0.32%RECV PAYFIX 2.522 10/01/2020 0.32%AETNA INC 6.5 9/15/2018 0.32%HSBC HOLDINGS 4 3/30/2022 0.30%BANK OF AMER CRP 4.5 4/01/2015 0.30%GSMS 2006-GG6 A4 4/10/2038 0.30%RECV PYFIX .98899 5/17/2018 0.29%JPMORGAN CHASE 6.3 4/23/2019 0.29%XEROX CORP 6.75 2/01/2017 0.29%RECV PAYFIX .656% 9/12/2014 0.28%DENMARK KINGDO 0.375 4/25/2016 0.28%GEN ELEC CAP CRP 3.1 1/09/2023 0.28%PRUDENTIAL CORE INVESTMNT 12/31/2049 0.28%BARCLAYS BK PLC 6.75 5/22/2019 0.28%PRINCIPAL FINL 3.125 5/15/2023 0.28%RECV PAYFIX 1.31 01.03.17 1/03/2017 0.27%CITIGROUP INC 8.5 5/22/2019 0.27%BSCMS 2007-PW17 AAB 6/11/2050 0.27%RECV PAYFIX 2.037 10/06/2021 0.26%RECV RECFIX 2.25% 8/24/2021 0.25%FANNIE MAE 1.75 9/12/2019 0.25%GEN ELEC CAP CRP 6 8/07/2019 0.25%GECMC 2007-C1 A2 12/10/2049 0.25%ALTRIA GROUP IN 9.7 11/10/2018 0.24%RECV PAYFIX 1.91% 2.2.22 2/02/2022 0.24%RECV PAYFIX 2.23 12/06/2021 0.24%ATMOS ENERGY 8.5 3/15/2019 0.23%RECV PAY FIX2.21 9/09/2021 0.22%FHMS K008 A2 6/25/2020 0.22%MLCFC 2006-1 A4 2/12/2039 0.22%FANNIE MAE 0.875 5/21/2018 0.22%Security% of PortfolioRECV PAY FIX 2.48 11/01/2021 0.20%CARMX 2012-1 A3 9/15/2016 0.20%WBCMT 2006-C29 A4 11/15/2048 0.20%CA TXB-VAR PURP 5.45 4/01/2015 0.18%NBCUNIVERSAL E 1.974 4/15/2019 0.18%RECV RECFIX 1.33 12/30/2016 0.18%AT&T INC 3.875 8/15/2021 0.16%STATOILHYDRO AS 5.25 4/15/2019 0.16%CAROLINA P & L 5.3 1/15/2019 0.16%STRIPS 0 2/15/2025 0.16%BAAT 2012-1 A3 6/15/2016 0.15%VIACOM INC 4.5 3/01/2021 0.15%US TREASURY N/B 1.5 6/30/2016 0.14%US TREASURY N/ 3.625 2/15/2044 0.14%US TREASURY N/B 2.25 3/31/2021 0.14%PAYB USD 1.61424 6/03/2019 0.14%RECV USD 1.61424 6/03/2019 0.14%PRECISION CAST 2.5 1/15/2023 0.14%US TREASURY N/ 3.375 5/15/2044 0.13%US TREASURY N/ 1.625 6/30/2019 0.13%RECV PAYFLTR 2.41 8/22/2020 0.12%RECV PAYFIX 3.02% 9/06/2041 0.12%RECV PAY FIX3.11 9/06/2041 0.12%ALLYA 2012-2 A3 4/15/2016 0.11%AID-ISRAEL 0 3/15/2022 0.11%RECV RECFIX 2.22 11.30.21 11/30/2021 0.10%ROYAL BK SCOTL 6.125 1/11/2021 0.10%AMER INTL GROUP 5.85 1/16/2018 0.10%RECV RECFIX 2.10% 10/04/2021 0.10%OCCIDENTAL PETE 4.1 2/01/2021 0.09%XYLEM INC 4.875 10/01/2021 0.09%RECV PAYFLTR 2.2% 6/27/2020 0.09%RECV PAYFLTR 2.4% 7/10/2020 0.07%RECV RECFIX 1.93% 9/27/2021 0.07%AGRIUM INC 3.15 10/01/2022 0.06%RECV PAYFLTR 2.44 8/21/2020 0.06%RECV RECFIX 2.93 12/17/2023 0.06%GOLDMAN SACHS 5.375 3/15/2020 0.06%WEATHERFORD BE 5.125 9/15/2020 0.05%RECV PAYFLTR 2.36 8/20/2020 0.04%US TREASURY N/ 1.625 4/30/2019 0.04%JPMCC 2007-LD11 A2 6/15/2049 0.03%10Y RTR 2.75 8/15/2014 0.03%PAYB USD 2.10500 6/03/2021 0.03%RECV USD 2.10500 6/03/2021 0.03%BACM 2006-6 A2 10/10/2045 0.03%FANNIE MAE 1.875 2/19/2019 0.03%PAYB PYFIX 2.054 10/25/2020 0.03%RECV PYFIX 2.054 10/25/2020 0.03%RECV PYFLTR 3.474 3/31/2044 0.03%PAYB USD 1.625 11/30/2018 0.03%RECV USD 1.625 11/30/2018 0.03%RECV PAYFLTR 1.692 8/06/2018 0.01%PAYB PYFX 2.1125 10/22/2020 0.01%AST Portfolio Holdings88 of 635

AST Bond Portfolio 2019 (continued)Security% of PortfolioRECV PYFX 2.1125 10/22/2020 0.01%PAYB PAYFLTR 2.41 8/22/2020 < 0.01%PAYB PAYFLTR 2.2% 6/27/2020 < 0.01%PAYB RCFX 1.83625 6/17/2020 < 0.01%PAYB PAYFLTR .45% 2/18/2016 < 0.01%PAYB RECFIX 2.93 12/17/2023 < 0.01%PAYB PYFLTR 3.474 3/31/2044 < 0.01%PAYB PAYFLTR 1.692 8/06/2018 < 0.01%PAYB PAYFLTR 2.36 8/20/2020 < 0.01%PAYB PAYFLTR 2.44 8/21/2020 < 0.01%PAYB PAYFLTR 2.4% 7/10/2020 < 0.01%PAYB RCFIX 1.9225 6/13/2020 < 0.01%RECV PAYFLTR .45% 2/18/2016 < 0.01%RECV PAYFIX 1.61 8/02/2018 < 0.01%PAYB PAYFIX 1.61 8/02/2018 < 0.01%RECV PAYFIX 1.723 9/18/2018 < 0.01%PAYB PAYFIX 1.723 9/18/2018 < 0.01%RECV USD 2.375 5/15/2021 -0.01%PAYB USD 2.375 5/15/2021 -0.01%RECV PAYFIX 2.1425 7/02/2020 -0.01%PAYB PAYFIX 2.1425 7/02/2020 -0.01%RECV RCFIX 1.9225 6/13/2020 -0.04%RECV RCFX 1.83625 6/17/2020 -0.07%PAYB RECFIX 1.93% 9/27/2021 -0.07%PAYB RECFIX 2.10% 10/04/2021 -0.10%PAYB RECFIX 2.22 11.30.21 11/30/2021 -0.11%PAYB PAYFIX 3.02% 9/06/2041 -0.11%PAYB PAY FIX3.11 9/06/2041 -0.11%RECV PAY FIX2.86 9/23/2023 -0.12%PAYB PAY FIX2.86 9/23/2023 -0.12%PAYB RECFIX 1.33 12/30/2016 -0.18%PAYB PAY FIX 2.48 11/01/2021 -0.21%PAYB PAY FIX2.21 9/09/2021 -0.22%PAYB PAYFIX 1.91% 2.2.22 2/02/2022 -0.22%PAYB PAYFIX 2.23 12/06/2021 -0.23%PAYB PAYFIX 2.037 10/06/2021 -0.25%PAYB RECFIX 2.25% 8/24/2021 -0.26%PAYB PAYFIX 1.31 01.03.17 1/03/2017 -0.28%PAYB PYFIX .98899 5/17/2018 -0.28%PAYB PAYFIX .656% 9/12/2014 -0.28%PAYB RECFIX 2.57% 8/11/2021 -0.32%PAYB PAYFIX 1.73 11/08/2018 -0.33%PAYB PYFIX .53527 3/22/2016 -0.33%PAYB PAY FIX1.528 8/04/2016 -0.33%PAYB PAYFIX 2.522 10/01/2020 -0.33%PAYB PAYFIX.8156 10/28/2014 -0.36%PAYB PAY FIX0.67 9/19/2014 -0.43%PAYB PAYFIX 1.82% 9/01/2018 -0.43%PAYB PAYFIX 1.043 3/13/2018 -0.49%PAYB RECFIX 2.35 12/28/2027 -0.50%PAYB RCFIX 1.741 10/12/2022 -0.50%PAYB ZCS 2.00487 12/31/2019 -0.50%PAYB PAYFX 1.77% 8.29.22 8/29/2022 -0.51%PAYB RCFIX 1.785% 9/25/2022 -0.53%Security% of PortfolioPAYB RECFIX 2.35% 3/28/2022 -0.57%PAYB PAYFIX 2.35 10/19/2021 -0.59%PAYB RECFIX 1.74% 10/03/2018 -0.60%PAYB RECFIX 2.25% 8/24/2021 -0.60%PAYB PAYFIX 1.34 4/18/2020 -0.61%PAYB PAYFIX 2.27 12.5.21 12/05/2021 -0.65%PAYB PYFIX 2.0375 3/21/2023 -0.75%PAYB PAYFIX 1.69% 1/12/2019 -0.76%PAYB SWP 1.815 5/08/2023 -0.80%PAYB RECFIX 2.62% 9/30/2026 -0.81%US ULTRA BOND FUT 9/19/2014 -0.86%PAYB ZCS 4.41939 5/15/2021 -0.92%PAYB ZCS 4.44614 5/15/2021 -0.92%PAYB ZCS 4.24636 5/15/2020 -0.96%PAYB ZCS 4.54574 11/15/2019 -0.99%PAYB PAYFIX 1.66% 8/22/2018 -1.07%PAYB PAYFIX .615% 8/20/2015 -1.10%PAYB IFS 2.8825 7/15/2024 -1.14%PAYB PAYFIX 1.55% 2/22/2020 -1.18%PAYB SWP 1.35875 4/16/2020 -1.30%PAYB PAYFIX .903% 3/06/2018 -1.39%PAYB PAYFIX .5275% 8/08/2015 -1.42%PAYB PYFIX .7337 12/11/2017 -1.46%PAYB PYFIX 1.0025 3/27/2018 -1.54%US LONG BOND 9/19/2014 -1.56%PAYB RCFIX 1.1987 10/03/2019 -1.60%PAYB RECFIX 1.27% 1/03/2017 -1.95%PAYB PAYFIX 1.22% 7/23/2019 -2.11%PAYB PAYFIX .915 1/15/2018 -2.45%PAYB RECFIX 1.605 1/13/2022 -3.27%PAYB RECFIX 2.39% 8/15/2021 -5.24%PAYB PYFIX 1.5825 9/15/2020 -5.40%PAYB ZCS FLTR 12/31/2019 -7.53%PAYB ZCS 3.538 12/31/2019 -7.79%PAYB PAYFIX 1.69% 1/13/2022 -9.13%PAYB ZCS 3.01842 12/31/2019 -11.37%US 2YR NOTE FUT 9/30/2014 -24.63%PAYB ZCS FLTR 12/31/2019 -56.12%AST Portfolio Holdings89 of 635

AST Bond Portfolio 2020Security% of PortfolioRFCSP STRIP PRIN 0 1/15/2021 7.77%STRIPS 0 8/15/2021 7.76%PRUDENTIAL CORE INVESTMNT 12/31/2049 6.24%US TREASURY N/ 2.125 1/31/2021 5.43%RECV ZCS 0.00% 12/31/2020 4.08%US 5YR NOTE(CBT) 9/30/2014 3.89%FREDDIE MAC 1.75 5/30/2019 3.76%FICO STRIP PRIN 0 9/26/2019 3.59%GCCFC 2005-GG5 A5 4/10/2037 3.48%RECV ZCS 2.74434 12/31/2020 3.42%RECV ZCS 0.00% 12/31/2020 2.83%FED HOME LN BANK 1 6/21/2017 2.73%BANK NOVA SCOT 1.65 10/29/2015 2.58%AID-ISRAEL 0 9/15/2020 2.45%RECV RECFIX 1.46% 3.21.20 3/21/2020 2.43%BANK NOVA SCOTI 2.15 8/03/2016 2.37%AID-ISRAEL 5.5 9/18/2023 2.37%RECV ZCS 0.00000 12/31/2020 2.34%BACM 2005-3 A4 7/10/2043 2.24%MLMT 2005-CIP1 A4 7/12/2038 2.23%MSC 2012-C4 A2 3/15/2045 2.23%US TREASURY N/ 1.375 6/30/2018 2.14%COMM 2013-CR8 A2 6/10/2046 1.94%RECV ZCS 0.00% 12/31/2020 1.91%GCCFC 2005-GG3 A4 8/10/2042 1.84%RECV SWP 1.521 5/23/2020 1.83%RECV SWP 1.3975 5/09/2020 1.73%AMXCA 2013-1 A 2/16/2021 1.64%ORACLE CORP 2.375 1/15/2019 1.59%RECV SWP 1.76 6/06/2020 1.58%RECV SWP 1.322 4/25/2020 1.55%EXPORT DEV CAN 1.5 10/03/2018 1.53%RECV RECFIX 1.47 3.20.20 3/20/2020 1.49%JPMCC 2013-C13 A2 1/15/2046 1.49%KOMMUNALBANKEN 1.125 5/23/2018 1.48%RECV PYFIX 1.8458 1/13/2022 1.47%US TREASURY N/ 2.875 3/31/2018 1.45%RECV PAYFIX .95644 2/08/2018 1.44%FICO STRIP PRN-4 0 10/06/2017 1.43%RECV RECFIX 1.714 6/10/2020 1.39%RECV RECFIX 2.32% 8/12/2021 1.39%RECV RECFIX 1.33% 4/17/2020 1.36%ASIAN DEV BANK 1.75 9/11/2018 1.36%RECV PYFIX 1.5825 9/15/2020 1.32%MANUF & TRADERS 2.3 1/30/2019 1.30%RECV ZCS 0.00% 12/31/2020 1.29%RECV ZCS 2.03687 12/31/2020 1.28%CHAIT 2014-A1 A1 1/15/2019 1.27%RECV ZCS 0.00% 12.31.20 12/31/2020 1.22%UNITEDHEALTH 3.875 10/15/2020 1.21%US TREASURY N/B 2.25 4/30/2021 1.15%CSFB 2005-C1 A4 2/15/2038 1.12%WFRBS 2014-LC14 A2 3/15/2047 1.12%RECV RCFIX 1.4925 3/28/2020 1.11%Security% of PortfolioCSX CORP 7.375 2/01/2019 1.11%CGCMT 2013-GC11 A2 4/10/2046 1.09%EFF 2014-1 A2 9/20/2019 1.09%CHAIT 2007-C1 C1 4/15/2019 1.08%RECV ZERO 0.00 12/31/2020 1.07%RECV ZERO 0.00 12.31.20 12/31/2020 1.07%RECV SWP 1.268 5/07/2020 1.04%GOLDMAN SACHS 5.375 3/15/2020 1.00%CCCIT 2005-C2 C2 3/24/2017 1.00%MLCFC 2006-4 A3 12/12/2049 0.98%FREDDIE MAC 2.375 1/13/2022 0.96%US TREASURY N/ 1.625 6/30/2019 0.95%JPMCC 2005-CB12 AM 9/12/2037 0.93%LBUBS 2005-C2 A5 4/15/2030 0.93%RECV RECFIX 1.62% 1.17.19 1/17/2019 0.92%GEDFT 2013-1 A 4/20/2018 0.92%HAROT 2013-3 A3 5/15/2017 0.91%BACCT 2014-A2 A 9/16/2019 0.91%AMXCA 2014-1 A 12/15/2021 0.91%WOART 2013-A A3 4/16/2018 0.91%CCCIT 2014-A2 A2 2/22/2019 0.91%FANNIE MAE 0.875 5/21/2018 0.90%RECV RECFIX 2.57% 8/11/2021 0.87%GSMS 2005-GG4 A4A 7/10/2039 0.87%CSFB 2005-C5 A4 8/15/2038 0.86%RECV RECFIX 1.89% 4/18/2023 0.85%DOW CHEMICAL C 4.25 11/15/2020 0.85%WELLS FARGO CO 3 1/22/2021 0.84%SWEDEN KINGDOM 0.375 5/18/2015 0.77%RECV RCFIX 1.4025 2/28/2020 0.76%FANNIE MAE 5.375 6/12/2017 0.76%US TREASURY N/B 2.5 5/15/2024 0.74%DCENT 2013-A3 A3 10/15/2018 0.73%AESOP 2014-2A A 2/20/2021 0.73%DCENT 2014-A4 A4 12/15/2021 0.73%CANADA GOVT 0.875 2/14/2017 0.73%RECV SWP 1.205390 6/10/2018 0.72%RECV SWP 1.403 5/10/2020 0.72%HALLIBURTON CO 2 8/01/2018 0.71%EOG RESOURCES I 2.45 4/01/2020 0.69%BANK OF AMER C 5.625 7/01/2020 0.68%VERIZON COMM IN 3.65 9/14/2018 0.66%FINLAND REP OF 2.25 3/17/2016 0.65%JPMBB 2013-C12 A3 7/15/2045 0.65%COMM 2013-CR6 A2 3/10/2046 0.64%FORDO 2013-B A3 10/15/2017 0.64%SDART 2014-1 A2B 6/15/2017 0.64%AMOT 2014-4 A1 6/17/2019 0.64%RECV SWP 1.3325 4/29/2020 0.63%BANK OF NY MEL MULTI 6/20/2017 0.62%AMER INTL GROUP 6.4 12/15/2020 0.62%UNITED PARCEL 5.125 4/01/2019 0.62%CAMERON INTERNAT 3.6 4/30/2022 0.62%CDP FINANCIAL 3.15 7/24/2024 0.60%AST Portfolio Holdings90 of 635

AST Bond Portfolio 2020 (continued)Security% of PortfolioRECV USD IRS 2.017 4/04/2023 0.60%MLMT 2005-MCP1 A4 6/12/2043 0.60%MORGAN STANLEY 5.5 1/26/2020 0.57%RECV RECFIX 1.54% 3.15.20 3/15/2020 0.56%VWALT 2013-A A2A 12/20/2015 0.56%RECV SWP 1.474 5/24/2020 0.55%RECV RECFIX 0.69% 2.21.15 2/21/2015 0.55%RECV SWP 1.3875 4/15/2020 0.55%BANK OF ENGLAND 0.5 3/21/2016 0.55%JPMORGAN CHASE 4.4 7/22/2020 0.54%RECV SWP 1.365 4/08/2020 0.53%PNC BANK NA 2.2 1/28/2019 0.52%CCCIT 2007-A8 A8 9/20/2019 0.51%DUPONT EI NEMO 4.625 1/15/2020 0.51%NALT 2013-A A2B 9/15/2015 0.50%CHEVRON CORP 1.718 6/24/2018 0.48%RECV RECFIX 2.12% 3.14.23 3/14/2023 0.47%BANK OF AMER CRP 2.6 1/15/2019 0.47%FED HOME LN BA 0.375 8/28/2015 0.46%RECV RECFIX 2.05% 3.22.23 3/22/2023 0.46%CITIGROUP INC 8.5 5/22/2019 0.46%RECV SWP 1.3270 4/22/2020 0.46%AMXCA 2012-5 C 5/15/2018 0.46%CANADA GOVT 2.375 9/10/2014 0.46%CHAIT 2012-A5 A5 8/15/2017 0.46%AMCAR 2014-2 A2B 10/10/2017 0.45%RECV RECFIX 1.31 12.8.16 12/08/2016 0.45%AMER EXPRESS C 2.125 7/27/2018 0.44%EFF 2013-2 A2 3/20/2019 0.43%MERCK & CO INC 1.3 5/18/2018 0.43%US TREASURY N/B 2.25 3/31/2021 0.42%LINCOLN NATL CR 4.85 6/24/2021 0.40%MMAF 2013-AA A2 5/09/2016 0.40%RECV ZCS 0.00% 12.31.20 12/31/2020 0.40%RECV CZS 0.00% 12.31.20 12/31/2020 0.40%WELLPOINT INC 2.3 7/15/2018 0.39%NETHERLANDS GOV 0.25 9/12/2015 0.39%RECV RECIFX 1.56% 3.18.20 3/18/2020 0.39%RECV SWP 1.815 5/08/2023 0.39%RECV REC FIX1.452 3/11/2020 0.38%APPLE INC 1 5/03/2018 0.38%RECV SWP 2.1575 5/28/2023 0.38%GEEST 2013-1A A2 1/25/2016 0.37%AMERICAN EXPRES 1.55 5/22/2018 0.37%FORDR 2014-1 A 11/15/2025 0.37%HAROT 2013-2 A3 2/16/2017 0.36%PFIZER INC 1.5 6/15/2018 0.36%JPMCC 2013-LC11 A3 4/15/2046 0.36%HARTFORD FINL 5.125 4/15/2022 0.36%CITIGROUP INC 4.5 1/14/2022 0.34%RECV IFS 2.8825 7/15/2024 0.33%CITIGROUP INC 5.5 9/13/2025 0.32%GOLDMAN SACHS G 6.15 4/01/2018 0.31%RECV RECFIX 2.051 3/25/2023 0.29%Security% of PortfolioGEEST 2012-1A A3 9/21/2015 0.29%US TREASURY N/B 2 5/31/2021 0.29%UBSC 2011-C1 A2 1/10/2045 0.28%AMCAR 2013-4 A2 11/08/2016 0.28%DISCOVER BANK 2 2/21/2018 0.27%AMER INTL GROUP 5.85 1/16/2018 0.27%US TREASURY N/ 1.625 4/30/2019 0.27%BACM 2005-2 A5 7/10/2043 0.26%PAYB USD 1.61424 6/03/2019 0.26%RECV USD 1.61424 6/03/2019 0.26%RECV RECFIX 1.54% 3.19.20 3/19/2020 0.26%RECV SWP 1.46 4/02/2020 0.26%SUNCOR INC 6.1 6/01/2018 0.25%GILEAD SCIENCES 4.4 12/01/2021 0.25%JPMORGAN CHASE 4.5 1/24/2022 0.25%AETNA INC 3.95 9/01/2020 0.24%PNC BANK NA 3.8 7/25/2023 0.23%FORD MOTOR CRE 8.125 1/15/2020 0.23%DUKE ENERGY CORP 2.1 6/15/2018 0.23%PIONEER NATURAL 7.5 1/15/2020 0.22%RECV SWP 1.97 4/05/2023 0.22%US TREASURY N/B 3.5 2/15/2018 0.22%FANNIE MAE 1.75 6/20/2019 0.21%PNC FINANCIAL MULTI 11/09/2022 0.21%GEN ELEC CAP CRP 6 8/07/2019 0.21%BP CAPITAL PLC 1.375 5/10/2018 0.20%BANK OF NY MELL 3.65 2/04/2024 0.20%MORGAN STANLEY 2.125 4/25/2018 0.20%WBCMT 2006-C29 A4 11/15/2048 0.19%CARMX 2013-2 A2 6/15/2016 0.19%WBCMT 2005-C22 A4 12/15/2044 0.19%ANHEUSER-BUSCH 5 4/15/2020 0.19%METLIFE INC 4.75 2/08/2021 0.19%JPMCC 2005-LDP2 A4 7/15/2042 0.19%FORDO 2011-B B 1/15/2017 0.19%BELGIUM KINGDOM 2.75 3/05/2015 0.18%BELGIUM KINGDO 2.875 9/15/2014 0.18%BANK OF ENGLAND 0.5 3/06/2015 0.18%WFRBS 2012-C10 A2 12/15/2045 0.18%NMOTR 2013-A A 2/15/2018 0.18%RECV PAYFIX .656% 9/12/2014 0.18%RECV PAY FIX0.67 9/19/2014 0.18%DENMARK KINGDO 0.375 4/25/2016 0.18%LYB INTL FIN 4 7/15/2023 0.18%WFRBS 2011-C5 A2 11/15/2044 0.18%US TREASURY N/ 3.625 2/15/2044 0.17%RECV RECFIX 2.12 3/13/2023 0.17%JPMCC 2007-LD12 A4 2/15/2051 0.17%RECV RECFIX 2.02% 3.8.23 3/08/2023 0.17%AMGEN INC 4.1 6/15/2021 0.17%US TREASURY N/ 3.375 5/15/2044 0.17%ALTRIA GROUP IN 9.7 11/10/2018 0.16%RECV PAYFLTR 2.2% 6/27/2020 0.16%ALLYA 2013-1 A2 10/15/2015 0.16%AST Portfolio Holdings91 of 635

AST Bond Portfolio 2020 (continued)Security% of PortfolioRECV PYFIX .53527 3/22/2016 0.15%RECV SWP 2.205 5/30/2023 0.15%RECV PAYFLTR 2.41 8/22/2020 0.15%MBALT 2013-A A2 6/15/2015 0.15%PRINCIPAL FINL 3.3 9/15/2022 0.14%GECMC 2007-C1 A2 12/10/2049 0.14%KINDER MORGAN E 3.95 9/01/2022 0.14%AETNA INC 2.75 11/15/2022 0.14%MORGAN STANLEY 5.75 1/25/2021 0.13%SDART 2013-4 A2 9/15/2016 0.13%KINDER MORGAN E 2.65 2/01/2019 0.13%RECV RECFIX 2.02 1.31.23 1/31/2023 0.13%RECV PAYFLTR 2.44 8/21/2020 0.12%BAXTER INTL 1.85 6/15/2018 0.11%KINDER MORGAN EN 3.5 3/01/2021 0.11%NBCUNIVERSAL E 1.974 4/15/2019 0.10%RECV PAYFIX 1.74 10.17.22 10/17/2022 0.09%DENMARK KINGDO 0.625 5/22/2015 0.09%DENMARK KINGDO 0.625 5/22/2015 0.09%RECV PAYFLTR 2.341 8/06/2020 0.09%WELLS FARGO CO 3.45 2/13/2023 0.09%FHMS K015 A2 7/25/2021 0.09%WM WRIGLEY JR CO 2 10/20/2017 0.08%AID-ISRAEL 0 5/15/2019 0.07%RECV PAYFLTR 2.4% 7/10/2020 0.07%JPMORGAN CHASE 3.375 5/01/2023 0.07%RECV PAY FIX3.11 9/06/2041 0.07%RECV PAYFIX 1.92% 2.7.22 2/07/2022 0.06%LIBERTY MUTUAL 4.25 6/15/2023 0.06%PAYB PYFIX 1.48% 10/22/2018 0.06%RECV PYFIX 1.48% 10/22/2018 0.06%MYLAN INC 1.8 6/24/2016 0.06%RECV PAYFLTR 2.36 8/20/2020 0.05%MAGELLAN MIDSTR 4.25 2/01/2021 0.05%RECV PYFIX 1.311 10/30/2019 0.05%RECV PYFIX .98899 5/17/2018 0.05%10Y RTR 2.75 8/15/2014 0.04%PAYB PYFIX 1.43% 10/25/2018 0.04%RECV PYFIX 1.43% 10/25/2018 0.04%CARMX 2013-1 A2 3/15/2016 0.04%RECV PYFLTR 3.474 3/31/2044 0.04%RECV PAYFIX 1.17% 2.21.17 2/21/2017 0.03%PAYB USD 1.625 11/30/2018 0.03%RECV USD 1.625 11/30/2018 0.03%RECV PAYFIX 3.02% 9/06/2041 0.03%PAYB PAYFIX 2.533 6/02/2024 0.03%RECV PAYFIX 2.533 6/02/2024 0.03%WELLS FARGO C 5.625 12/11/2017 0.03%WEATHERFORD INC 6.35 6/15/2017 0.03%DCP MIDSTREAM 5.35 3/15/2020 0.03%XYLEM INC 4.875 10/01/2021 0.02%AT&T INC 3.875 8/15/2021 0.02%STRIPS 0 2/15/2025 0.02%LINCOLN NATL CRP 4.3 6/15/2015 0.02%Security% of PortfolioRECV PAYFIX .7775 10/03/2017 0.02%RECV RCFIX 1.785% 9/25/2022 0.02%JPMCC 2007-LD11 A2 6/15/2049 0.02%FICO STRIP PRN-3 0 11/30/2017 0.02%RECV PYFLTR 2.205 7/29/2020 0.01%RECV PYFLTR 2.27 12/10/2020 0.01%PAYB PYFIX 1.6125 9/23/2018 0.01%RECV PYFIX 1.6125 9/23/2018 0.01%PAYB PAYFLTR 2.341 8/06/2020 < 0.01%PAYB PAYFLTR 2.19% 2/06/2021 < 0.01%PAYB PYFLTR 3.474 3/31/2044 < 0.01%PAYB PAYFLTR 2.41 8/22/2020 < 0.01%PAYB PAYFLTR 2.36 8/20/2020 < 0.01%PAYB PAYFLTR 2.44 8/21/2020 < 0.01%PAYB PYFLTR 2.27 12/10/2020 < 0.01%PAYB PAYFLTR 2.2% 6/27/2020 < 0.01%PAYB PAYFLTR .45% 2/18/2016 < 0.01%PAYB PAYFLTR 2.4% 7/10/2020 < 0.01%PAYB PYFLTR 2.205 7/29/2020 < 0.01%PAYB RCFX 1.83625 6/17/2020 < 0.01%PAYB RCFIX 1.8175 6/12/2020 < 0.01%PAYB PYFLTR 2.15% 5/29/2023 < 0.01%PAYB RCFIX 1.818% 6/20/2020 < 0.01%PAYB RCFIX 1.9225 6/13/2020 < 0.01%RECV PAYFLTR .45% 2/18/2016 < 0.01%RECV PYFIX 1.6412 8/16/2018 < 0.01%PAYB PYFIX 1.6412 8/16/2018 < 0.01%RECV PAYFIX 1.61 8/02/2018 < 0.01%PAYB PAYFIX 1.61 8/02/2018 < 0.01%RECV PAYFIX .8474 6/28/2016 < 0.01%PAYB PAYFIX .8474 6/28/2016 < 0.01%RECV PAYFIX 1.86% 9/16/2018 -0.01%PAYB PAYFIX 1.86% 9/16/2018 -0.01%RECV USD 2.375 5/15/2021 -0.01%PAYB USD 2.375 5/15/2021 -0.01%RECV PAYFIX 1.781 9/19/2018 -0.01%PAYB PAYFIX 1.781 9/19/2018 -0.01%RECV PAYFLTR 2.19% 2/06/2021 -0.02%RECV RCFIX 1.8175 6/12/2020 -0.02%RECV PYFLTR 2.15% 5/29/2023 -0.02%PAYB PAYFIX .7775 10/03/2017 -0.02%PAYB RCFIX 1.785% 9/25/2022 -0.02%PAYB PAYFIX 3.02% 9/06/2041 -0.03%PAYB PAYFIX 1.17% 2.21.17 2/21/2017 -0.03%RECV RCFIX 1.818% 6/20/2020 -0.04%PAYB PYFIX 1.311 10/30/2019 -0.04%PAYB PYFIX .98899 5/17/2018 -0.04%RECV RCFIX 1.9225 6/13/2020 -0.06%PAYB PAYFIX 1.92% 2.7.22 2/07/2022 -0.06%PAYB PAY FIX3.11 9/06/2041 -0.06%RECV RCFX 1.83625 6/17/2020 -0.07%PAYB PAYFIX 1.74 10.17.22 10/17/2022 -0.08%PAYB RECFIX 2.02 1.31.23 1/31/2023 -0.14%PAYB PYFIX .53527 3/22/2016 -0.15%AST Portfolio Holdings92 of 635

AST Bond Portfolio 2020 (continued)Security% of PortfolioPAYB SWP 2.205 5/30/2023 -0.16%PAYB RECFIX 2.12 3/13/2023 -0.18%PAYB RECFIX 2.02% 3.8.23 3/08/2023 -0.18%PAYB PAYFIX .656% 9/12/2014 -0.18%PAYB PAY FIX0.67 9/19/2014 -0.18%PAYB SWP 1.97 4/05/2023 -0.25%PAYB SWP 1.46 4/02/2020 -0.27%PAYB RECFIX 1.54% 3.19.20 3/19/2020 -0.27%PAYB RECFIX 2.051 3/25/2023 -0.32%PAYB IFS 2.8825 7/15/2024 -0.33%PAYB SWP 1.815 5/08/2023 -0.34%PAYB REC FIX1.452 3/11/2020 -0.41%PAYB SWP 2.1575 5/28/2023 -0.41%PAYB RECIFX 1.56% 3.18.20 3/18/2020 -0.41%PAYB ZCS 0.00% 12.31.20 12/31/2020 -0.41%PAYB CZS 0.00% 12.31.20 12/31/2020 -0.41%PAYB RECFIX 1.31 12.8.16 12/08/2016 -0.45%PAYB SWP 1.3270 4/22/2020 -0.50%PAYB RECFIX 2.05% 3.22.23 3/22/2023 -0.50%PAYB RECFIX 2.12% 3.14.23 3/14/2023 -0.50%PAYB RECFIX 0.69% 2.21.15 2/21/2015 -0.55%PAYB SWP 1.365 4/08/2020 -0.57%PAYB SWP 1.474 5/24/2020 -0.59%PAYB SWP 1.3875 4/15/2020 -0.59%PAYB RECFIX 1.54% 3.15.20 3/15/2020 -0.59%PAYB USD IRS 2.017 4/04/2023 -0.66%PAYB SWP 1.3325 4/29/2020 -0.68%PAYB SWP 1.205390 6/10/2018 -0.70%PAYB SWP 1.403 5/10/2020 -0.77%PAYB RCFIX 1.4025 2/28/2020 -0.82%PAYB RECFIX 2.57% 8/11/2021 -0.84%PAYB RECFIX 1.62% 1.17.19 1/17/2019 -0.93%PAYB RECFIX 1.89% 4/18/2023 -0.96%PAYB ZERO SWP 12/31/2020 -1.09%PAYB ZERO 0.00 12.31.20 12/31/2020 -1.09%US ULTRA BOND FUT 9/19/2014 -1.10%PAYB SWP 1.268 5/07/2020 -1.14%PAYB RCFIX 1.4925 3/28/2020 -1.18%PAYB ZCS FLTR 12/31/2020 -1.20%PAYB PYFIX 1.5825 9/15/2020 -1.23%PAYB ZCS 0.00% 12.31.20 12/31/2020 -1.25%PAYB ZCS 0.00% 12/31/2020 -1.30%PAYB PYFIX 1.8458 1/13/2022 -1.37%PAYB RECFIX 2.32% 8/12/2021 -1.39%PAYB PAYFIX .95644 2/08/2018 -1.40%PAYB RECFIX 1.714 6/10/2020 -1.46%PAYB RECFIX 1.33% 4/17/2020 -1.48%PAYB RECFIX 1.47 3.20.20 3/20/2020 -1.59%PAYB SWP 1.76 6/06/2020 -1.64%PAYB SWP 1.322 4/25/2020 -1.68%PAYB SWP 1.3975 5/09/2020 -1.86%PAYB ZCS 0.00% 12/31/2020 -1.91%PAYB SWP 1.521 5/23/2020 -1.96%PAYB ZCS FLTR 12/31/2020 -2.23%Security% of PortfolioPAYB RECFIX 1.46% 3.21.20 3/21/2020 -2.59%PAYB ZCS 2.74434 12/31/2020 -2.68%PAYB ZCS 0.00% 12/31/2020 -2.96%PAYB ZCS 0.00% 12/31/2020 -4.09%US LONG BOND 9/19/2014 -5.37%US 10YR NOTE FUT 9/19/2014 -11.56%US 2YR NOTE FUT 9/30/2014 -31.94%AST Portfolio Holdings93 of 635

AST Bond Portfolio 2021Security% of PortfolioPRUDENTIAL CORE INVESTMNT 12/31/2049 29.13%RECV RECFX 2.30292 6/05/2023 19.53%RECV PAYFIX 1.15% 9/12/2016 13.03%RECV RECFIX 1.93% 9/27/2021 11.04%RECV REC FIX.8025 9/27/2017 9.84%US TREASURY N/B 2 2/28/2021 7.84%US TREASURY N/B 2.25 3/31/2021 7.76%FREDDIE MAC 2.375 1/13/2022 6.91%RECV PAYFIX .8% 10.28.14 10/28/2014 6.67%RECV RECFIX 2.35% 8/18/2021 5.75%RECV RECFIX 2.25% 8/24/2021 5.59%RFCSP STRIP PRIN 0 1/15/2021 5.48%RECV RECFI 2.34% 10/13/2021 4.87%STRIPS 0 5/15/2025 4.66%RECV PAYFIX 1.70% 9/06/2018 3.88%US TREASURY N/ 2.125 1/31/2021 3.85%RECV PAYFIX .82% 9/25/2017 3.74%RECV RECFIX 1.96% 10/06/2021 3.39%RECV RECFIX 2.12 11.29.21 11/29/2021 3.09%US TREASURY N/ 1.625 6/30/2019 2.80%US TREASURY N/ 3.375 5/15/2044 2.58%RECV PAYFIX.8156 10/28/2014 2.53%RECV PAYFIX 2.67% 3.30.27 3/30/2027 2.48%RECV PAY FIX0.67 9/19/2014 2.35%GSMS 2006-GG6 A4 4/10/2038 2.29%US TREASURY N/B 3.5 2/15/2018 2.19%RECV PAYFIX .656% 9/12/2014 2.03%RECV PAYFIX 1.27 8/08/2019 1.98%BANK NOVA SCOT 1.65 10/29/2015 1.90%WBCMT 2005-C22 A4 12/15/2044 1.78%RECV REFIX 0.86% 10.26.17 10/26/2017 1.73%US TREASURY N/ 0.875 7/31/2019 1.73%RECV RECFIX 2.40 10/14/2021 1.69%UBSC 2011-C1 A2 1/10/2045 1.67%BRIT COLUMBIA 2 10/23/2022 1.64%CANADA GOVT 0.875 2/14/2017 1.54%NMOTR 2013-A A 2/15/2018 1.48%CCCIT 2007-A8 A8 9/20/2019 1.41%JPMCC 2012-LC9 A3 12/15/2047 1.38%JPMCC 2005-CB12 AM 9/12/2037 1.32%GEDFT 2013-1 A 4/20/2018 1.30%CHAIT 2007-C1 C1 4/15/2019 1.29%US TREASURY N/ 3.625 2/15/2044 1.24%COMM 2014-UBS4 A2 8/10/2047 1.24%TORONTO DOM BANK 1.5 3/13/2017 1.23%US TREASURY N/B 1.5 6/30/2016 1.22%GCCFC 2007-GG9 A2 3/10/2039 1.20%RECV RECFIX 1.80 10/25/2022 1.20%US TREASURY N/B 2.25 4/30/2021 1.12%RECV PAYFIX 1.37 10/29/2019 1.08%RECV PAYFIX 1.616 3/13/2019 1.08%GSMS 2006-GG8 A4 11/10/2039 1.02%RECV REC FIX1.77 10/11/2018 1.02%BACM 2005-3 A4 7/10/2043 1.00%Security% of PortfolioFORDF 2013-1 A2 1/15/2018 0.97%SWEDEN KINGDOM 0.375 5/18/2015 0.97%COMM 2006-C8 A1A 12/10/2046 0.94%JPMCC 2005-LDP5 AM 12/15/2044 0.86%JPMBB 2014-C19 A3 4/15/2047 0.85%WBCMT 2005-C20 AMFX 7/15/2042 0.84%CITIGROUP INC 8.5 5/22/2019 0.84%EXPORT DEV CAN 1.5 10/03/2018 0.83%LBUBS 2005-C2 A5 4/15/2030 0.83%COMM 2005-LP5 A4 5/10/2043 0.82%US TREASURY N/B 2.5 5/15/2024 0.81%RECV RECFIX 2.22 11.30.21 11/30/2021 0.81%WFRBS 2012-C10 A2 12/15/2045 0.81%DISCOVER BANK 2 2/21/2018 0.81%GSMS 2013-GC10 A2 2/10/2046 0.81%GSMS 2005-GG4 A4 7/10/2039 0.78%MORGAN STANLEY 5.5 1/26/2020 0.76%FORDO 2011-B B 1/15/2017 0.75%CGCMT 2014-GC21 A2 5/10/2047 0.75%BSCMS 2006-T22 AM 4/12/2038 0.74%BELGIUM KINGDO 2.875 9/15/2014 0.73%AESOP 2014-2A A 2/20/2021 0.73%DCENT 2014-A4 A4 12/15/2021 0.73%ASIAN DEV BANK 1.75 9/11/2018 0.72%KOMMUNALBANKEN 1.125 5/23/2018 0.71%METLIFE INC 4.75 2/08/2021 0.68%RECV PAYFIX 3.02% 9/06/2041 0.67%BANK OF AMER C 5.875 1/05/2021 0.67%RECV PAY FIX3.11 9/06/2041 0.66%BACCT 2014-A2 A 9/16/2019 0.65%AMXCA 2014-1 A 12/15/2021 0.65%AMCAR 2014-2 A2B 10/10/2017 0.65%AMOT 2014-4 A1 6/17/2019 0.65%CCCIT 2005-C2 C2 3/24/2017 0.65%AMXCA 2014-2 A 1/15/2020 0.65%ANHEUSER-BUSCH 5 4/15/2020 0.59%BANK OF ENGLAND 0.5 3/21/2016 0.57%CDP FINANCIAL 3.15 7/24/2024 0.57%AMER INTL GROUP 5.85 1/16/2018 0.56%AMGEN INC 4.1 6/15/2021 0.52%WAL-MART STORES 4.25 4/15/2021 0.52%FINLAND REP OF 2.25 3/17/2016 0.51%STRIPS 0 2/15/2022 0.51%ALTRIA GROUP IN 9.7 11/10/2018 0.51%FREDDIE MAC 1.75 5/30/2019 0.50%AID-ISRAEL 0 3/15/2022 0.50%XYLEM INC 4.875 10/01/2021 0.50%AT&T INC 3.875 8/15/2021 0.50%DENMARK KINGDO 0.625 5/22/2015 0.50%RECV ZCS 2.86527 12/31/2021 0.50%VERIZON COMM IN 3.5 11/01/2021 0.49%NETHERLANDS GOV 0.25 9/12/2015 0.49%DENMARK KINGDO 0.625 5/22/2015 0.49%FICO STRIP PRIN 0 9/26/2019 0.48%AST Portfolio Holdings94 of 635

AST Bond Portfolio 2021 (continued)Security% of PortfolioKINDER MORGAN E 3.95 9/01/2022 0.47%PNC BANK NA 2.25 7/02/2019 0.47%BSCMS 2007-PW17 AAB 6/11/2050 0.45%US BANCORP 2.2 4/25/2019 0.45%NORFOLK SOUTHERN 5.9 6/15/2019 0.45%ORACLE CORP 2.8 7/08/2021 0.44%FREDDIE MAC 4.875 6/13/2018 0.44%WBCMT 2006-C25 A5 5/15/2043 0.43%SPAIN 4 3/06/2018 0.43%FANNIE MAE 1.75 6/20/2019 0.43%MSBAM 2013-C7 A1 2/15/2046 0.42%FANNIE MAE 0.875 5/21/2018 0.42%MAGELLAN MIDSTR 4.25 2/01/2021 0.42%MLCFC 2006-1 A4 2/12/2039 0.41%CSFB 2005-C2 A4 4/15/2037 0.41%WILLIAMS PART 4.125 11/15/2020 0.41%AMXCA 2012-5 C 5/15/2018 0.41%FINLAND REP OF 1.125 5/02/2017 0.41%LBUBS 2006-C3 A4 3/15/2039 0.38%JPMCC 2011-C5 A2 8/15/2046 0.38%ALLYA 2012-2 A3 4/15/2016 0.37%RECV PYFIX .98899 5/17/2018 0.37%GOLDMAN SACHS G 5.25 7/27/2021 0.36%UNITEDHEALTH GRP 4.7 2/15/2021 0.36%CAPITAL ONE FIN 4.75 7/15/2021 0.36%NEXTERA ENERGY 4.5 6/01/2021 0.35%JPMORGAN CHASE 4.35 8/15/2021 0.35%AETNA INC 4.125 6/01/2021 0.35%JOHN DEERE CAP 3.9 7/12/2021 0.35%KRAFT FOODS GR 5.375 2/10/2020 0.35%CSFB 2005-C6 AM 12/15/2040 0.34%RECV PAYFIX 2.522 10/01/2020 0.34%TECK RESOURCES 3.85 8/15/2017 0.33%LINCOLN NATL CRP 4.2 3/15/2022 0.32%US TREASURY N/ 1.625 4/30/2019 0.31%GEN ELEC CAP CRP 6 8/07/2019 0.31%GOLDMAN SACHS 5.375 3/15/2020 0.31%US TREASURY N/B 1.5 12/31/2018 0.30%JPMORGAN CHASE 4.4 7/22/2020 0.29%WEATHERFORD BE 5.125 9/15/2020 0.28%MLMT 2006-C1 A4 5/12/2039 0.28%ENTERPRISE PRODU 5.2 9/01/2020 0.26%ERAC USA FINA 6.375 10/15/2017 0.26%FORDR 2014-1 A 11/15/2025 0.24%SDART 2014-1 A2B 6/15/2017 0.24%RECV RECFIX 2.31% 10/06/2026 0.24%GMACC 2006-C1 A1A 11/10/2045 0.24%AID-JORDAN 2.503 10/30/2020 0.23%US TREASURY N/B 2 5/31/2021 0.22%RECV REC FIX2.22 9/06/2021 0.22%GECMC 2007-C1 A2 12/10/2049 0.22%JPMCC 2013-C10 A1 12/15/2047 0.21%RIO TINTO FINAN 3.75 9/20/2021 0.20%GEN ELEC CAP CRP 5.3 2/11/2021 0.20%Security% of PortfolioLBUBS 2006-C7 A2 11/15/2038 0.20%FORDO 2012-C B 12/15/2017 0.20%CITIGROUP INC 3.75 6/16/2024 0.18%DENMARK KINGDO 0.375 4/25/2016 0.16%JOHN DEERE CAP 3.15 10/15/2021 0.16%BP CAPITAL PLC 1.846 5/05/2017 0.16%OCCIDENTAL PETE 4.1 2/01/2021 0.15%UBSBB 2012-C3 A2 8/10/2049 0.15%DR PEPPER SNAPPL 2.9 1/15/2016 0.14%GOLDMAN SACHS G 3.85 7/08/2024 0.12%FANNIE MAE 1.75 9/12/2019 0.12%WELLS FARGO CO 3.45 2/13/2023 0.12%CAPITAL ONE FIN 3.75 4/24/2024 0.12%BP CAPITAL PL 3.125 10/01/2015 0.12%US TREASURY N/ 1.25 11/30/2018 0.10%GEN ELEC CAP C 4.625 1/07/2021 0.08%GEN ELEC CAP CRP 3.1 1/09/2023 0.07%GEN ELEC CAP C 4.65 10/17/2021 0.03%JPMCC 2007-LD11 A2 6/15/2049 0.03%US TREASURY N/ 2.125 6/30/2021 0.03%PAYB USD 1.625 11/30/2018 0.03%RECV USD 1.625 11/30/2018 0.03%10Y RTR 2.75 8/15/2014 0.02%PAYB USD 1.61424 6/03/2019 0.02%RECV USD 1.61424 6/03/2019 0.02%RECV PYFLTR 3.474 3/31/2044 0.02%RECV PAYFLTR 1.692 8/06/2018 0.02%FANNIE MAE 1.875 2/19/2019 0.02%RECV IFS 2.8825 7/15/2024 0.01%PAYB PYFX 2.1125 10/22/2020 0.01%RECV PYFX 2.1125 10/22/2020 0.01%RECV PAYFLTR 2.36 8/20/2020 0.01%RECV PAYFTR 1.65 8/16/2018 0.01%PAYB PAYFLTR .45% 2/18/2016 < 0.01%PAYB PYFLTR 3.474 3/31/2044 < 0.01%PAYB PAYFLTR 1.692 8/06/2018 < 0.01%PAYB PAYFTR 1.65 8/16/2018 < 0.01%PAYB PYFLTR 2.2296 5/09/2021 < 0.01%PAYB RCFIX 1.9225 6/13/2020 < 0.01%PAYB RCFIX 1.8175 6/12/2020 < 0.01%PAYB PYFLTR 1.56 12/10/2018 < 0.01%PAYB PAYFLTR 2.36 8/20/2020 < 0.01%RECV PAYFLTR .45% 2/18/2016 < 0.01%RECV PYFIX 2.653 10/25/2023 < 0.01%PAYB PYFIX 2.653 10/25/2023 < 0.01%RECV USD 2.375 5/15/2021 -0.01%PAYB USD 2.375 5/15/2021 -0.01%RECV PYFLTR 1.56 12/10/2018 -0.01%PAYB IFS 2.8825 7/15/2024 -0.01%RECV RCFIX 1.9225 6/13/2020 -0.01%RECV RCFIX 1.8175 6/12/2020 -0.03%CDS: BUY(CDX)1% 6/20/2018 -0.03%RECV PYFLTR 2.2296 5/09/2021 -0.10%PAYB REC FIX2.22 9/06/2021 -0.22%AST Portfolio Holdings95 of 635

AST Bond Portfolio 2021 (continued)Security% of PortfolioPAYB RECFIX 2.31% 10/06/2026 -0.27%PAYB PAYFIX 2.522 10/01/2020 -0.35%PAYB PYFIX .98899 5/17/2018 -0.35%PAYB ZCS 2.86527 12/31/2021 -0.39%PAYB PAYFIX 3.02% 9/06/2041 -0.61%PAYB PAY FIX3.11 9/06/2041 -0.62%PAYB RECFIX 2.22 11.30.21 11/30/2021 -0.83%PAYB REC FIX1.77 10/11/2018 -1.01%PAYB PAYFIX 1.37 10/29/2019 -1.02%PAYB PAYFIX 1.616 3/13/2019 -1.06%PAYB RECFIX 1.80 10/25/2022 -1.34%PAYB RECFIX 2.40 10/14/2021 -1.67%PAYB REFIX 0.86% 10.26.17 10/26/2017 -1.78%PAYB PAYFIX 1.27 8/08/2019 -1.87%PAYB PAYFIX .656% 9/12/2014 -2.03%PAYB PAY FIX0.67 9/19/2014 -2.35%PAYB PAYFIX 2.67% 3.30.27 3/30/2027 -2.36%PAYB PAYFIX.8156 10/28/2014 -2.53%US ULTRA BOND FUT 9/19/2014 -2.93%PAYB RECFIX 2.12 11.29.21 11/29/2021 -3.19%PAYB RECFIX 1.96% 10/06/2021 -3.57%PAYB PAYFIX .82% 9/25/2017 -3.64%PAYB PAYFIX 1.70% 9/06/2018 -3.90%PAYB RECFI 2.34% 10/13/2021 -4.86%PAYB RECFIX 2.25% 8/24/2021 -5.63%PAYB RECFIX 2.35% 8/18/2021 -5.71%PAYB PAYFIX .8% 10.28.14 10/28/2014 -6.68%PAYB REC FIX.8025 9/27/2017 -10.13%US 5YR NOTE(CBT) 9/30/2014 -10.50%US 2YR NOTE FUT 9/30/2014 -10.85%PAYB RECFIX 1.93% 9/27/2021 -11.67%PAYB PAYFIX 1.15% 9/12/2016 -13.23%PAYB RECFX 2.30292 6/05/2023 -20.40%US 10YR NOTE FUT 9/19/2014 -30.71%AST Portfolio Holdings96 of 635

AST Bond Portfolio 2022Security% of PortfolioRECV PAYFIX 1.48 2/25/2020 30.89%RECV REC FIX1.22% 5/31/2018 29.89%RECV RECFIX 2.38 3/19/2022 17.00%RECV RECFIX 2.55 11/30/2026 15.43%RECV PAYFIX 1.29 8/29/2019 12.05%RECV PAYFIX 0.53 8/29/2015 11.98%RECV PYFIX.93514 11/30/2016 11.18%RECV PYFIX .9358 11/30/2016 11.18%RECV PAYFIX 1.37 10/29/2019 10.75%US TREASURY N/ 1.375 6/30/2018 10.26%RECV RECFI 2.34% 10/13/2021 9.79%RECV RECFIX 1.89 5/21/2022 8.29%US 5YR NOTE(CBT) 9/30/2014 8.13%RECV RECFIX 2.12 11.29.21 11/29/2021 7.88%RECV RECFIX 1.771 6/07/2022 6.66%RECV RECFIX 1.93% 9/27/2021 6.07%US 2YR NOTE FUT 12/31/2014 6.04%RECV PAYFIX 1.31 12/02/2016 5.94%RECV RECFIX 1.80 10/25/2022 5.32%RECV RECFIX 2.22 11.30.21 11/30/2021 5.28%RECV PYFIX 1.179 12/03/2019 5.06%RFCSP STRIP PRIN 0 1/15/2021 5.02%RECV PAY FIX0.63 8/27/2014 4.71%RECV PAY FIX0.63 8/28/2014 4.71%RECV ZCS 3.51041 12/31/2022 3.37%RECV PAYFIX 1.34 4/18/2020 3.37%WBCMT 2005-C22 A4 12/15/2044 3.36%RECV ZCS 4.06276 12/31/2022 3.30%RECV PYFIX 1.6425 2/21/2019 3.20%US 2YR NOTE FUT 9/30/2014 3.16%RECV RECFIX 2.40 10/14/2021 3.02%RECV RECFIX 0.49 9/28/2015 2.98%RECV PAYFIX 2.06 7/12/2027 2.96%RECV REFIX 0.86% 10.26.17 10/26/2017 2.86%UBSC 2011-C1 A2 1/10/2045 2.82%RECV RECFIX 2.03 1/31/2022 2.77%RECV PAYFIX 1.27 8/08/2019 2.47%GEDFT 2013-1 A 4/20/2018 2.41%RECV RECFIX 2.41% 10/05/2026 2.40%FICO STRIP PRIN 0 9/26/2019 2.35%RECV ZCS 3.84278 12/31/2022 2.30%PRUDENTIAL CORE INVESTMNT 12/31/2049 2.17%JPMCC 2012-LC9 A3 12/15/2047 2.16%RECV RECFIX 2.31% 10/06/2026 2.02%RECV PAYFIX 1.22 10/11/2019 1.99%RECV RECFIX 2.069 2/14/2023 1.98%US TREASURY N/ 1.625 4/30/2019 1.94%FORDF 2013-1 A2 1/15/2018 1.92%RECV RECFIX 2.36 3/23/2022 1.85%BACM 2005-3 A4 7/10/2043 1.84%RECV PYFIX 1.1875 10/02/2019 1.84%RECV RECFIX 2.25% 8/24/2021 1.79%RECV PAYFIX 2.27 9/06/2021 1.75%RECV REC FIX2.29% 6/05/2023 1.72%Security% of PortfolioRECV PYFX 2.5525 4/19/2027 1.68%RFCO STRIPS 0 1/15/2022 1.67%DCENT 2012-A3 A3 11/15/2017 1.57%WFRBS 2012-C10 A2 12/15/2045 1.54%SWEDEN KINGDOM 0.375 5/18/2015 1.45%BELGIUM KINGDO 2.875 9/15/2014 1.32%FANNIE MAE 0.875 5/21/2018 1.32%KOMMUNALBANKEN 1.125 5/23/2018 1.32%EXPORT DEV CAN 1.5 10/03/2018 1.23%NMOTR 2013-A A 2/15/2018 1.20%GSMS 2006-GG6 A4 4/10/2038 1.13%FICO STRIP PRN-4 0 10/06/2017 1.10%CHAIT 2007-C1 C1 4/15/2019 1.07%WBCMT 2006-C26 A3 6/15/2045 1.03%BANK OF ENGLAND 0.5 3/21/2016 1.02%ASIAN DEV BANK 1.75 9/11/2018 1.02%US TREASURY N/B 1.5 6/30/2016 0.97%US TREASURY N/ 2.875 3/31/2018 0.96%MORGAN STANLEY 5.75 1/25/2021 0.94%CF INDUSTRIES 7.125 5/01/2020 0.87%DENMARK KINGDO 0.625 5/22/2015 0.87%FORDO 2011-B B 1/15/2017 0.86%RECV PAYFIX 2.38 12/21/2026 0.85%NETHERLANDS GOV 0.25 9/12/2015 0.85%BANK OF AMER CRP 5.7 1/24/2022 0.85%RECV PAY FIX0.67 9/19/2014 0.84%FINLAND REP OF 2.25 3/17/2016 0.84%VERIZON COMM IN 5.15 9/15/2023 0.84%STRIPS 0 2/15/2022 0.83%GSMS 2006-GG8 A4 11/10/2039 0.79%MAGELLAN MIDSTR 4.25 2/01/2021 0.78%FANNIE MAE 1.75 6/20/2019 0.76%FREDDIE MAC 1.75 5/30/2019 0.73%CCCIT 2005-C2 C2 3/24/2017 0.72%CAMERON INTERNAT 3.6 4/30/2022 0.71%DISCOVER BANK 2 2/21/2018 0.70%RECV SWP 1.35875 4/16/2020 0.69%RECV PYFIX .98899 5/17/2018 0.68%FORD MOTOR CRE 2.375 1/16/2018 0.68%AETNA INC 2.75 11/15/2022 0.67%SPAIN 4 3/06/2018 0.64%RECV PAYFIX 2.54% 2.23.27 2/23/2027 0.62%LBUBS 2005-C2 A5 4/15/2030 0.61%PRINCIPAL FINL 3.125 5/15/2023 0.61%JPMCC 2005-CB12 AM 9/12/2037 0.61%BANK NOVA SCOT 1.65 10/29/2015 0.61%FED FARM CRED 1.625 11/19/2014 0.60%GOLDMAN SACHS G 5.25 7/27/2021 0.60%FINLAND REP OF 1.125 5/02/2017 0.60%BACCT 2014-A2 A 9/16/2019 0.60%AMXCA 2014-1 A 12/15/2021 0.60%AMCAR 2014-2 A2B 10/10/2017 0.60%RECV PAYFIX 2.06 10/06/2021 0.56%VIACOM INC 3.125 6/15/2022 0.55%AST Portfolio Holdings97 of 635

AST Bond Portfolio 2022 (continued)Security% of PortfolioCOMM 2014-UBS4 A2 8/10/2047 0.54%DIRECTV HLDGS/FN 3.8 3/15/2022 0.52%US TREASURY N/B 2.5 5/15/2024 0.51%GILEAD SCIENCES 4.4 12/01/2021 0.51%GCCFC 2007-GG9 A2 3/10/2039 0.50%CITIGROUP INC 4.5 1/14/2022 0.48%JPMORGAN CHASE 3.25 9/23/2022 0.48%AMOT 2014-4 A1 6/17/2019 0.48%AESOP 2014-2A A 2/20/2021 0.48%DCENT 2014-A4 A4 12/15/2021 0.48%AMXCA 2014-2 A 1/15/2020 0.48%BP CAPITAL PLC 1.375 5/10/2018 0.47%METLIFE INC 4.75 2/08/2021 0.47%CAISSE AMORT D 2.375 3/31/2016 0.46%US TREASURY N/ 0.625 4/30/2018 0.44%KINDER MORGAN EN 3.5 9/01/2023 0.44%LINCOLN NATL CRP 4.2 3/15/2022 0.41%FREDDIE MAC 2.375 1/13/2022 0.39%AT&T INC 3.875 8/15/2021 0.39%INTL PAPER CO 4.75 2/15/2022 0.38%AID-ISRAEL 5.5 9/18/2023 0.36%AMXCA 2012-5 C 5/15/2018 0.36%NBCUNIVERSAL E 1.974 4/15/2019 0.36%SDART 2014-1 A2B 6/15/2017 0.36%AID-JORDAN 2.503 10/30/2020 0.36%GEN ELEC CAP CRP 5.3 2/11/2021 0.34%FANNIE MAE 1.75 9/12/2019 0.32%HSBC HOLDINGS 4 3/30/2022 0.32%BERKLEY (WR) 4.625 3/15/2022 0.31%FORDO 2012-B A3 12/15/2016 0.28%WELLPOINT INC 3.3 1/15/2023 0.28%JPMCC 2011-C5 A2 8/15/2046 0.28%PRECISION CAST 2.5 1/15/2023 0.27%MSBAM 2013-C7 A1 2/15/2046 0.27%CAPITAL ONE FIN 4.75 7/15/2021 0.26%HAROT 2012-1 A3 1/15/2016 0.26%CANADIAN PAC RR 4.5 1/15/2022 0.26%JPMORGAN CHASE 4.35 8/15/2021 0.26%AMERICA MOVIL 2.375 9/08/2016 0.26%JOHN DEERE CAP 3.9 7/12/2021 0.26%VERIZON COMM IN 3.5 11/01/2021 0.25%FORDR 2014-1 A 11/15/2025 0.24%CCCIT 2013-A2 A2 5/26/2020 0.24%DENMARK KINGDO 0.375 4/25/2016 0.24%AID-ISRAEL 5.5 12/04/2023 0.22%RECV PAYFIX 3.02% 9/06/2041 0.22%RECV PAY FIX3.11 9/06/2041 0.21%KINDER MORGAN E 3.95 9/01/2022 0.21%NORFOLK SOUTHERN 5.9 6/15/2019 0.21%MLMT 2006-C1 A4 5/12/2039 0.20%BANK OF AMER CRP 6 9/01/2017 0.20%SWISS RE TREA 2.875 12/06/2022 0.20%WEATHERFORD BE 5.125 9/15/2020 0.20%WILLIAMS PART 4.125 11/15/2020 0.19%Security% of PortfolioAMER INTL GROUP 5.85 1/16/2018 0.19%CITIGROUP INC 8.5 5/22/2019 0.19%METLIFE INC 7.717 2/15/2019 0.18%GEN ELEC CAP CRP 3.1 1/09/2023 0.18%XYLEM INC 4.875 10/01/2021 0.18%US ULTRA BOND FUT 9/19/2014 0.18%WELLS FARGO CO 3.45 2/13/2023 0.18%AGRIUM INC 3.15 10/01/2022 0.18%JPMORGAN CHASE 6.3 4/23/2019 0.18%GOLDMAN SACHS G 5.75 1/24/2022 0.17%UNITEDHEALTH GRP 4.7 2/15/2021 0.17%AID-ISRAEL 0 3/15/2022 0.16%NEXTERA ENERGY 4.5 6/01/2021 0.16%AETNA INC 4.125 6/01/2021 0.16%KRAFT FOODS GR 5.375 2/10/2020 0.14%CCCIT 2007-A8 A8 9/20/2019 0.14%WAL-MART STORES 4.25 4/15/2021 0.13%AMGEN INC 4.1 6/15/2021 0.13%JPMCC 2007-LD11 A2 6/15/2049 0.13%BP CAPITAL PLC 1.846 5/05/2017 0.12%CANADA GOVT 0.875 2/14/2017 0.12%US TREASURY N/ 3.625 2/15/2044 0.11%PAYB USD 2.10500 6/03/2021 0.11%RECV USD 2.10500 6/03/2021 0.11%GEN ELEC CAP CRP 6 8/07/2019 0.11%ANHEUSER-BUSCH 2.5 7/15/2022 0.09%SIMON PROP GP 6.125 5/30/2018 0.09%BP CAPITAL PL 3.125 10/01/2015 0.09%GEN ELEC CAP C 4.65 10/17/2021 0.08%JOHN DEERE CAP 3.15 10/15/2021 0.08%WILLIAMS PARTNER 4 11/15/2021 0.08%RECV RECFIX 3.08 7/28/2021 0.07%MLCFC 2006-1 A4 2/12/2039 0.06%GEN ELEC CAP C 4.625 1/07/2021 0.06%ALTRIA GROUP IN 9.7 11/10/2018 0.05%WASTE MANAGEMENT 2.6 9/01/2016 0.05%FANNIE MAE 1.875 2/19/2019 0.04%10Y RTR 2.75 8/15/2014 0.03%PAYB USD 1.625 11/30/2018 0.02%RECV USD 1.625 11/30/2018 0.02%RECV PYFLTR 2.891 8/16/2023 0.02%RECV PYFLTR 3.474 3/31/2044 0.01%PAYB SWP:USD2.261 060521 5/06/2021 0.01%RECV SWP:USD2.261 060521 5/06/2021 0.01%RECV PAYFLTR 1.692 8/06/2018 < 0.01%PAYB PYFX 2.1125 10/22/2020 < 0.01%RECV PYFX 2.1125 10/22/2020 < 0.01%RECV RECFIX 2.21 12/05/2020 < 0.01%PAYB PAYFIX 2.641 5/19/2024 < 0.01%RECV PAYFIX 2.641 5/19/2024 < 0.01%PAYB PYFLTR 2.891 8/16/2023 < 0.01%PAYB PAYFLTR 1.692 8/06/2018 < 0.01%PAYB SWP:USD1.7427 5/06/2019 < 0.01%PAYB RECFIX 2.21 12/05/2020 < 0.01%AST Portfolio Holdings98 of 635

AST Bond Portfolio 2022 (continued)Security% of PortfolioPAYB PYFLTR 3.474 3/31/2044 < 0.01%RECV PYFIX 2.638 10/28/2023 < 0.01%PAYB PYFIX 2.638 10/28/2023 < 0.01%RECV PYFIX 2.653 10/25/2023 < 0.01%PAYB PYFIX 2.653 10/25/2023 < 0.01%RECV USD 2.375 5/15/2021 -0.01%PAYB USD 2.375 5/15/2021 -0.01%RECV PAYFIX 2.7610 2/06/2024 -0.01%PAYB PAYFIX 2.7610 2/06/2024 -0.01%CDS: BUY(CDX)1% 6/20/2018 -0.05%CDS CME 1% 6/20/2019 -0.05%PAYB RECFIX 3.08 7/28/2021 -0.06%RECV SWP:USD3.1388 060529 5/06/2029 -0.08%PAYB SWP:USD3.1388 060529 5/06/2029 -0.08%PAYB PAYFIX 3.02% 9/06/2041 -0.20%PAYB PAY FIX3.11 9/06/2041 -0.20%RECV SWP:USD1.7427 5/06/2019 -0.20%PAYB PAYFIX 2.06 10/06/2021 -0.54%PAYB PAYFIX 2.54% 2.23.27 2/23/2027 -0.58%PAYB SWP 1.35875 4/16/2020 -0.63%PAYB PYFIX .98899 5/17/2018 -0.66%PAYB PAYFIX 2.38 12/21/2026 -0.77%PAYB PAY FIX0.67 9/19/2014 -0.84%PAYB ZCS FLTR 12/31/2022 -1.50%PAYB PYFX 2.5525 4/19/2027 -1.56%PAYB PYFIX 1.1875 10/02/2019 -1.70%PAYB PAYFIX 2.27 9/06/2021 -1.73%PAYB REC FIX2.29% 6/05/2023 -1.80%PAYB RECFIX 2.25% 8/24/2021 -1.80%PAYB PAYFIX 1.22 10/11/2019 -1.85%PAYB RECFIX 2.36 3/23/2022 -1.86%PAYB ZCS FLTR 12/31/2022 -2.10%PAYB RECFIX 2.069 2/14/2023 -2.14%PAYB RECFIX 2.31% 10/06/2026 -2.30%PAYB PAYFIX 1.27 8/08/2019 -2.33%PAYB ZCS FLTR 12/31/2022 -2.41%PAYB PAYFIX 2.06 7/12/2027 -2.44%PAYB RECFIX 2.41% 10/05/2026 -2.67%PAYB RECFIX 2.03 1/31/2022 -2.91%PAYB REFIX 0.86% 10.26.17 10/26/2017 -2.94%PAYB RECFIX 0.49 9/28/2015 -2.97%PAYB RECFIX 2.40 10/14/2021 -2.99%PAYB PAYFIX 1.34 4/18/2020 -3.11%PAYB PYFIX 1.6425 2/21/2019 -3.16%PAYB PYFIX 1.179 12/03/2019 -4.66%PAYB PAY FIX0.63 8/27/2014 -4.72%PAYB PAY FIX0.63 8/28/2014 -4.72%PAYB RECFIX 2.22 11.30.21 11/30/2021 -5.37%PAYB RECFIX 1.80 10/25/2022 -5.94%PAYB PAYFIX 1.31 12/02/2016 -6.06%PAYB RECFIX 1.93% 9/27/2021 -6.42%PAYB RECFIX 1.771 6/07/2022 -7.38%PAYB RECFIX 2.12 11.29.21 11/29/2021 -8.14%PAYB RECFIX 1.89 5/21/2022 -9.00%Security% of PortfolioPAYB RECFI 2.34% 10/13/2021 -9.78%PAYB PAYFIX 1.37 10/29/2019 -10.14%PAYB PYFIX.93514 11/30/2016 -11.20%PAYB PYFIX .9358 11/30/2016 -11.20%PAYB PAYFIX 1.29 8/29/2019 -11.35%PAYB PAYFIX 0.53 8/29/2015 -12.03%PAYB RECFIX 2.55 11/30/2026 -16.63%PAYB RECFIX 2.38 3/19/2022 -17.05%US 10YR NOTE FUT 9/19/2014 -20.34%PAYB PAYFIX 1.48 2/25/2020 -29.14%PAYB REC FIX1.22% 5/31/2018 -30.61%AST Portfolio Holdings99 of 635

AST Bond Portfolio 2023Security% of PortfolioUS 5YR NOTE(CBT) 9/30/2014 25.13%RECV ZCS 0.00% 12/31/2023 10.56%RECV SWP 1.205390 6/10/2018 5.35%RECV PYFIX 2.2668 6/10/2023 4.47%STRIPS 0 2/15/2022 4.33%FANNIE MAE 0.875 5/21/2018 3.69%RFCSP STRIP PRIN 0 10/15/2019 3.62%RECV ZCS 0.00 12/31/2023 2.86%BANK NOVA SCOTI 2.15 8/03/2016 2.77%MSC 2012-C4 A2 3/15/2045 2.57%RFCSP STRIP PRIN 0 7/15/2020 2.42%STRIPS 0 8/15/2021 2.41%AID-ISRAEL 5.5 9/18/2023 2.37%GCCFC 2005-GG5 A5 4/10/2037 2.30%CSFB 2005-C1 A4 2/15/2038 2.23%FANNIE MAE 1.875 9/18/2018 2.19%COMM 2013-CR8 A2 6/10/2046 2.18%AID-ISRAEL 0 9/15/2020 2.17%GCCFC 2005-GG3 A4 8/10/2042 2.14%JPMCC 2005-LDP5 A4 12/15/2044 2.09%KOMMUNALBANKEN 1.125 5/23/2018 1.95%BACM 2005-3 A4 7/10/2043 1.79%RECV ZCS 12/31/2023 1.72%JPMCC 2013-C13 A2 1/15/2046 1.72%EXPORT DEV CAN 1.5 10/03/2018 1.63%RECV ZCS 12/31/2023 1.61%BANK NOVA SCOT 1.65 10/29/2015 1.55%FREDDIE MAC 1.75 5/30/2019 1.54%FANNIE MAE 1.75 6/20/2019 1.52%RECV PYFIX 1.3575 4/10/2020 1.50%FICO STRIP PRN-4 0 10/06/2017 1.41%ASIAN DEV BANK 1.75 9/11/2018 1.37%AMXCA 2013-1 A 2/16/2021 1.35%VERIZON COMM IN 5.15 9/15/2023 1.28%RECV PYFIX 1.8458 1/13/2022 1.28%RECV PAYFIX .95644 2/08/2018 1.25%DOW CHEMICAL C 4.25 11/15/2020 1.22%CHAIT 2007-C1 C1 4/15/2019 1.21%RECV PYFIX 1.5825 9/15/2020 1.16%GSMS 2005-GG4 A4A 7/10/2039 1.11%MERCK & CO INC 2.8 5/18/2023 1.03%COMM 2013-CR6 A2 3/10/2046 0.97%GOLDMAN SACHS 5.375 3/15/2020 0.94%CANADA GOVT 2.375 9/10/2014 0.94%CCCIT 2014-A2 A2 2/22/2019 0.93%CHAIT 2014-A1 A1 1/15/2019 0.87%GEEST 2013-1A A2 1/25/2016 0.87%US TREASURY N/ 2.875 3/31/2018 0.86%JPMORGAN CHASE 3.375 5/01/2023 0.86%RECV RECFIX 1.89% 4/18/2023 0.85%CCCIT 2005-C2 C2 3/24/2017 0.82%FINLAND REP OF 2.25 3/17/2016 0.81%RECV ZCS 2.35472 12/31/2023 0.81%JPMBB 2013-C12 A3 7/15/2045 0.80%Security% of PortfolioUNITED PARCEL 5.125 4/01/2019 0.80%PRUDENTIAL CORE INVESTMNT 12/31/2049 0.79%FICO STRIP PRIN 0 9/26/2019 0.77%US TREASURY N/ 1.625 4/30/2019 0.77%BANK OF ENGLAND 0.5 3/21/2016 0.75%FREDDIE MAC 2.375 1/13/2022 0.75%RECV RECFIX 2.05 2/26/2023 0.72%GEDFT 2014-1 A 7/20/2019 0.72%MLMT 2005-CIP1 A4 7/12/2038 0.71%US TREASURY N/ 1.375 6/30/2018 0.70%SWEDEN KINGDOM 0.375 5/18/2015 0.70%CARMX 2013-3 A2 8/15/2016 0.69%BACCT 2014-A2 A 9/16/2019 0.69%AMXCA 2014-1 A 12/15/2021 0.69%CANADA GOVT 0.875 2/14/2017 0.68%RECV ZCS 0.00000 12/31/2023 0.68%BANK OF AMER CRP 3.3 1/11/2023 0.67%VWALT 2013-A A2A 12/20/2015 0.67%FHMS K029 A2 2/25/2023 0.64%FHMS K029 A2 2/25/2023 0.64%NAROT 2013-B A2 4/15/2016 0.62%CCCIT 2008-A2 A2 1/23/2020 0.61%MBART 2013-1 A2 3/15/2016 0.60%HAROT 2013-3 A3 5/15/2017 0.59%AESOP 2014-2A A 2/20/2021 0.59%GEN ELEC CAP CRP 3.1 1/09/2023 0.59%CHAIT 2012-A7 A7 9/15/2024 0.59%EFF 2013-2 A2 3/20/2019 0.58%RECV ZCS 12/31/2023 0.56%MORGAN STANLE 4.875 11/01/2022 0.56%DCENT 2014-A4 A4 12/15/2021 0.56%MMAF 2013-AA A2 5/09/2016 0.55%RECV SWP 1.35875 4/16/2020 0.53%AMOT 2014-4 A1 6/17/2019 0.53%WBCMT 2006-C29 A4 11/15/2048 0.51%RECV ZCS 0.00000 12/31/2023 0.51%CITIGROUP INC 3.375 3/01/2023 0.51%GSMS 2006-GG8 A4 11/10/2039 0.51%PFIZER INC 3 6/15/2023 0.51%SDART 2014-1 A2B 6/15/2017 0.50%DENMARK KINGDO 0.375 4/25/2016 0.50%US TREASURY N/ 3.625 2/15/2044 0.49%FANNIE MAE 1.75 9/12/2019 0.49%LINCOLN NATL CR 4.85 6/24/2021 0.48%FED HOME LN BANK 1 6/21/2017 0.48%NEXTERA ENERGY 3.625 6/15/2023 0.48%AUSTRIA REP OF 1.75 6/17/2016 0.48%RECV PYFIX 1.179 12/03/2019 0.47%HARTFORD FINL 5.125 4/15/2022 0.46%AETNA INC 3.95 9/01/2020 0.45%BELGIUM KINGDOM 2.75 3/05/2015 0.44%FORDO 2013-C A2 4/15/2016 0.43%AID-JORDAN 2.503 10/30/2020 0.42%AMXCA 2012-5 C 5/15/2018 0.41%AST Portfolio Holdings100 of 635

AST Bond Portfolio 2023 (continued)Security% of PortfolioNETHERLANDS GOV 0.25 9/12/2015 0.40%US TREASURY N/B 2.5 5/15/2024 0.40%FITAT 2013-1 A2 3/15/2016 0.39%AMCAR 2013-4 A2 11/08/2016 0.38%AMER INTL GROUP 6.4 12/15/2020 0.37%US TREASURY N/ 1.625 6/30/2019 0.37%RECV RECFIX 1.80 10/25/2022 0.36%AMERICAN EXPRE 2.65 12/02/2022 0.36%RECV PAYFIX 0.45 12/03/2015 0.35%CITIGROUP INC 5.5 9/13/2025 0.35%RECV ZCS CME 12/31/2023 0.34%CDP FINANCIAL 3.15 7/24/2024 0.33%WBCMT 2005-C22 A4 12/15/2044 0.33%UBSC 2011-C1 A2 1/10/2045 0.32%FORD MOTOR CRE 8.125 1/15/2020 0.32%FORDR 2014-1 A 11/15/2025 0.31%CCCIT 2013-A2 A2 5/26/2020 0.31%DCENT 2013-A3 A3 10/15/2018 0.31%PIONEER NATURAL 7.5 1/15/2020 0.31%RECV PAYFLTR 2.791 8/09/2023 0.29%RECV RECFIX 2.02 1.31.23 1/31/2023 0.29%BAXTER INTL 3.2 6/15/2023 0.28%RECV ZCS 12/31/2023 0.28%RECV RECFIX 2.048 2/04/2023 0.27%US TREASURY N/B 1.5 12/31/2018 0.26%BANK OF AMER CRP 5.7 1/24/2022 0.25%MLCFC 2006-4 A3 12/12/2049 0.25%GEDFT 2013-1 A 4/20/2018 0.25%FREDDIE MAC 0.5 4/17/2015 0.25%HAROT 2013-2 A3 2/16/2017 0.25%NMOTR 2013-A A 2/15/2018 0.24%BACM 2006-2 A4 5/10/2045 0.23%DUPONT EI NEMO 4.625 1/15/2020 0.23%RECV IFS 2.8825 7/15/2024 0.23%ALLSTATE CORP 3.15 6/15/2023 0.23%RECV ZCS 0.00000 12/31/2023 0.23%RECV RECFIX 1.7275 9/27/2022 0.23%MORGAN STANLEY 4.1 5/22/2023 0.23%RECV PAY FIX .774 11/09/2017 0.22%AMCAR 2014-2 A2B 10/10/2017 0.22%FED HOME LN BA 0.375 8/28/2015 0.22%FORDO 2012-C B 12/15/2017 0.22%RECV ZCS 12/31/2023 0.21%RECV PAYFLTR 2.74 6/27/2023 0.21%LYB INTL FIN 4 7/15/2023 0.21%ORACLE CORP 3.625 7/15/2023 0.20%NETHERLANDS GOV 0.25 9/12/2015 0.20%RECV RECFIX 1.33% 4/17/2020 0.20%RECV RECFIX 1.79% 9/12/2022 0.20%RECV RECFIX 1.75 1/03/2023 0.19%FORDO 2012-D A3 4/15/2017 0.19%BELGIUM KINGDO 2.875 9/15/2014 0.19%DISCOVER BANK 2 2/21/2018 0.19%JPMCC 2012-LC9 A3 12/15/2047 0.19%Security% of PortfolioCSFB 2005-C5 A4 8/15/2038 0.19%WBCMT 2006-C23 A5 1/15/2045 0.18%DENMARK KINGDO 0.625 5/22/2015 0.17%TENN VALLEY AU 3.875 2/15/2021 0.17%RECV ZCS 0.00000 12/31/2023 0.17%SPAIN 4 3/06/2018 0.17%LIBERTY MUTUAL 4.25 6/15/2023 0.16%WBCMT 2006-C28 A4 10/15/2048 0.16%FORDF 2013-1 A2 1/15/2018 0.16%WFRBS 2012-C10 A2 12/15/2045 0.16%ENTERPRISE PROD 3.35 3/15/2023 0.15%RECV PYFIX.93514 11/30/2016 0.15%RECV PYFIX .9358 11/30/2016 0.15%MORGAN STANLEY 5.5 7/28/2021 0.15%RECV PAYFIX 1.26 3/29/2017 0.15%CUMMINS INC 3.65 10/01/2023 0.15%US TREASURY N/ 3.375 5/15/2044 0.14%RECV PAYFIX 0.84 11/06/2017 0.14%DCENT 2012-A3 A3 11/15/2017 0.14%RECV ZCS CME 12/31/2023 0.13%BRIT COLUMBIA 2 10/23/2022 0.13%RECV ZCS 0.00000 12/31/2023 0.13%SDART 2013-4 A2 9/15/2016 0.12%EUROPEAN INVT 4.75 10/15/2014 0.12%RECV PAYFIX .82% 9/25/2017 0.12%MORGAN STANLEY 5.75 1/25/2021 0.12%WELLS FARGO CO 3.45 2/13/2023 0.11%CAMERON INTERNAT 3.6 4/30/2022 0.11%INTERAMER DEV BK 0.5 8/17/2015 0.11%BP CAPITAL PLC 1.375 5/10/2018 0.11%KINDER MORGAN EN 3.5 9/01/2023 0.10%MBALT 2013-A A2 6/15/2015 0.10%WBCMT 2006-C25 A5 5/15/2043 0.10%MLCFC 2006-2 A4 6/12/2046 0.10%SUNCOR INC 6.1 6/01/2018 0.10%RECV RCFIX 1.5375 5/14/2019 0.10%FORDO 2011-B B 1/15/2017 0.10%RECV RECFIX 1.59 8/02/2022 0.09%BELGIUM KINGDO 0.875 9/14/2015 0.09%AMXCA 2014-1 B 12/15/2021 0.09%SWEDEN KINGDO 0.375 12/22/2015 0.09%RECV PAYFIX 0.84 7/16/2017 0.09%RECV ZCS 0.00000 12/31/2023 0.09%US TREASURY N/ 1.25 11/30/2018 0.09%CHEVRON CORP 3.191 6/24/2023 0.09%RECV PAYFIX 1.21 8/06/2019 0.08%RECV RECFX 1.1675 4/13/2017 0.08%PNC BANK NA 2.95 1/30/2023 0.08%MAGELLAN MIDSTR 4.25 2/01/2021 0.07%AID-ISRAEL 5.5 4/26/2024 0.07%MYLAN INC 1.8 6/24/2016 0.07%RECV PYFIX .98899 5/17/2018 0.07%RECV ZCS 0.00000 12/31/2023 0.07%CF INDUSTRIES 7.125 5/01/2020 0.07%AST Portfolio Holdings101 of 635

AST Bond Portfolio 2023 (continued)Security% of PortfolioFORD MOTOR CRE 2.375 1/16/2018 0.06%RECV RECFIX 1.771 6/07/2022 0.06%FANNIE MAE 1.875 2/19/2019 0.06%RECV ZCS 0.00 12/31/2023 0.06%RECV RECFIX 2.36 5/17/2027 0.05%NBCUNIVERSAL E 1.974 4/15/2019 0.05%AETNA INC 2.75 11/15/2022 0.05%RECV RECFIX 2.028 7/17/2027 0.05%MLMT 2006-C1 A4 5/12/2039 0.05%UBSBB 2012-C2 A3 5/10/2063 0.05%RECV PAYFX 1.77% 8.29.22 8/29/2022 0.05%ASIAN DEV BANK 4.25 10/20/2014 0.05%PRINCIPAL FINL 3.125 5/15/2023 0.05%GSMS 2006-GG6 A4 4/10/2038 0.04%PAYB PAYFIX 2.533 6/02/2024 0.04%RECV PAYFIX 2.533 6/02/2024 0.04%RECV PYFLTR 3.474 3/31/2044 0.04%PAYB SWAP:USD 2.57 6/03/2024 0.04%RECV SWAP:USD 2.57 6/03/2024 0.04%RECV PAYFIX 1.83% 9.11.22 9/11/2022 0.04%RECV RECFIX 2.48 3/09/2027 0.03%10Y RTR 2.75 8/15/2014 0.03%WBCMT 2007-C33 A4 2/15/2051 0.03%HSBC HOLDINGS 4 3/30/2022 0.03%CD 2006-CD3 A5 10/15/2048 0.03%RECV PAYFIX 1.22 10/11/2019 0.03%SFEF 9/22/2014 0.03%RECV PYFIX .53527 3/22/2016 0.03%PAYB USD 1.625 11/30/2018 0.03%RECV USD 1.625 11/30/2018 0.03%RECV PAYFIX 1.137 1/27/2017 0.03%ANHEUSER-BUSCH 2.5 7/15/2022 0.02%PRECISION CAST 2.5 1/15/2023 0.02%BSCMS 2005-PW10 A4 12/11/2040 0.02%PAYB USD 2.10500 6/03/2021 0.02%RECV USD 2.10500 6/03/2021 0.02%WEATHERFORD BE 5.125 9/15/2020 0.02%JPMORGAN CHASE 4.5 1/24/2022 0.02%FHMS K008 A2 6/25/2020 0.02%SWISS RE TREA 2.875 12/06/2022 0.02%AMGEN INC 3.625 5/15/2022 0.02%DIRECTV HLDGS/FN 3.8 3/15/2022 0.02%BACM 2006-6 A3 10/10/2045 0.02%AT&T INC 3 2/15/2022 0.02%VIACOM INC 3.125 6/15/2022 0.02%JOHN DEERE CAP 2.8 1/27/2023 0.02%FORDO 2012-B A3 12/15/2016 0.01%BAAT 2012-1 A3 6/15/2016 0.01%MSC 2005-IQ9 A5 7/15/2056 0.01%BSCMS 2007-PW17 A3 6/11/2050 0.01%RECV PAYFIX 2.11% 1.24.22 1/24/2022 0.01%WELLPOINT INC 3.3 1/15/2023 0.01%NAROT 2012-A A3 5/16/2016 0.01%CARMX 2012-1 A3 9/15/2016 0.01%Security% of PortfolioRECV PYFLTR 2.205 7/29/2020 0.01%PAYB PAYFIX 2.641 5/19/2024 0.01%RECV PAYFIX 2.641 5/19/2024 0.01%HAROT 2012-1 A3 1/15/2016 0.01%PRINCIPAL FINL 3.3 9/15/2022 0.01%RECV PAYFIX 1.91% 2.2.22 2/02/2022 0.01%RECV PAYFIX 1.57% 2.21.19 2/21/2019 0.01%PAYB PYFIX .75545 12/04/2017 0.01%RECV PYFIX .75545 12/04/2017 0.01%RECV PAY FIX2.02 2/17/2022 < 0.01%STRIPS 0 2/15/2025 < 0.01%AGRIUM INC 3.15 10/01/2022 < 0.01%JPMCC 2007-LD12 A3 2/15/2051 < 0.01%ALLYA 2012-1 A3 2/16/2016 < 0.01%JPMCC 2007-LD11 A2 6/15/2049 < 0.01%GEN ELEC CAP C 4.65 10/17/2021 < 0.01%PAYB ZCS CME 12/31/2023 < 0.01%PAYB PAYFLTR 2.791 8/09/2023 < 0.01%PAYB ZCS CME 12/31/2023 < 0.01%PAYB PYFLTR 2.15% 5/29/2023 < 0.01%PAYB PAYFLTR 2.74 6/27/2023 < 0.01%PAYB PYFLTR 2.205 7/29/2020 < 0.01%PAYB PAYFLTR 1.56 10/03/2018 < 0.01%PAYB PAYFLTR .45% 2/18/2016 < 0.01%PAYB ZCS CME 12/31/2023 < 0.01%PAYB PYFLTR 1.56 12/10/2018 < 0.01%PAYB PYFLTR 3.474 3/31/2044 < 0.01%RECV PAYFLTR .45% 2/18/2016 < 0.01%RECV PAYFIX 1.61 8/02/2018 < 0.01%PAYB PAYFIX 1.61 8/02/2018 < 0.01%RECV PYFIX 1.6412 8/16/2018 < 0.01%PAYB PYFIX 1.6412 8/16/2018 < 0.01%RECV PYFIX 2.653 10/25/2023 < 0.01%PAYB PYFIX 2.653 10/25/2023 < 0.01%RECV PYFIX 2.638 10/28/2023 < 0.01%PAYB PYFIX 2.638 10/28/2023 < 0.01%RECV PAYFIX .8474 6/28/2016 < 0.01%PAYB PAYFIX .8474 6/28/2016 < 0.01%PAYB PAY FIX2.02 2/17/2022 < 0.01%PAYB PAYFIX 1.91% 2.2.22 2/02/2022 -0.01%PAYB PAYFIX 1.57% 2.21.19 2/21/2019 -0.01%RECV PAYFIX 1.723 9/18/2018 -0.01%PAYB PAYFIX 1.723 9/18/2018 -0.01%PAYB PAYFIX 2.11% 1.24.22 1/24/2022 -0.01%RECV USD 2.375 5/15/2021 -0.01%PAYB USD 2.375 5/15/2021 -0.01%RECV PAYFLTR 1.56 10/03/2018 -0.02%RECV PAYFIX 1.86% 9/16/2018 -0.02%PAYB PAYFIX 1.86% 9/16/2018 -0.02%RECV PAYFIX 2.7610 2/06/2024 -0.02%PAYB PAYFIX 2.7610 2/06/2024 -0.02%PAYB PAYFIX 1.137 1/27/2017 -0.03%PAYB PYFIX .53527 3/22/2016 -0.03%RECV PAYFIX 1.781 9/19/2018 -0.03%AST Portfolio Holdings102 of 635

AST Bond Portfolio 2023 (continued)Security% of PortfolioPAYB PAYFIX 1.781 9/19/2018 -0.03%PAYB PAYFIX 1.22 10/11/2019 -0.03%PAYB PAYFIX 1.83% 9.11.22 9/11/2022 -0.03%RECV PYFLTR 1.56 12/10/2018 -0.03%PAYB RECFIX 2.48 3/09/2027 -0.04%PAYB PAYFX 1.77% 8.29.22 8/29/2022 -0.04%RECV PYFIX 2.719 10/22/2023 -0.05%PAYB PYFIX 2.719 10/22/2023 -0.05%PAYB ZCS FLTR 12/31/2023 -0.06%PAYB RECFIX 2.36 5/17/2027 -0.06%PAYB RECFIX 2.028 7/17/2027 -0.07%PAYB PYFIX .98899 5/17/2018 -0.07%PAYB ZCS FLTR 12/31/2023 -0.07%PAYB RECFIX 1.771 6/07/2022 -0.07%PAYB PAYFIX 1.21 8/06/2019 -0.07%PAYB RECFX 1.1675 4/13/2017 -0.08%CDS CME 1% 6/20/2019 -0.08%PAYB ZCS FLTR 12/31/2023 -0.09%PAYB PAYFIX 0.84 7/16/2017 -0.09%PAYB RCFIX 1.5375 5/14/2019 -0.10%PAYB RECFIX 1.59 8/02/2022 -0.11%PAYB PAYFIX .82% 9/25/2017 -0.12%PAYB ZCS FLTR 12/31/2023 -0.12%PAYB PAYFIX 0.84 11/06/2017 -0.14%PAYB PAYFIX 1.26 3/29/2017 -0.15%PAYB PYFIX.93514 11/30/2016 -0.15%PAYB PYFIX .9358 11/30/2016 -0.15%PAYB ZCS FLTR 12/31/2023 -0.17%RECV ZCS CME 12/31/2023 -0.18%PAYB RECFIX 1.33% 4/17/2020 -0.21%PAYB PAY FIX .774 11/09/2017 -0.21%PAYB RECFIX 1.79% 9/12/2022 -0.22%PAYB ZCS FLTR 12/31/2023 -0.22%PAYB RECFIX 1.75 1/03/2023 -0.22%PAYB IFS 2.8825 7/15/2024 -0.23%PAYB ZCS 12/31/2023 -0.23%PAYB RECFIX 1.7275 9/27/2022 -0.26%RECV PYFLTR 2.15% 5/29/2023 -0.27%PAYB RECFIX 2.048 2/04/2023 -0.30%PAYB RECFIX 2.02 1.31.23 1/31/2023 -0.31%PAYB ZCS 12/31/2023 -0.31%PAYB PAYFIX 0.45 12/03/2015 -0.35%PAYB RECFIX 1.80 10/25/2022 -0.40%PAYB PYFIX 1.179 12/03/2019 -0.43%PAYB ZCS FLTR 12/31/2023 -0.46%PAYB SWP 1.35875 4/16/2020 -0.49%RECV PAYFIX 2.6125 9/09/2020 -0.50%PAYB PAYFIX 2.6125 9/09/2020 -0.50%PAYB ZCS 12/31/2023 -0.58%PAYB ZCS FLTR 12/31/2023 -0.60%PAYB RECFIX 2.05 2/26/2023 -0.78%PAYB ZCS FLTR 12/31/2023 -0.78%PAYB RECFIX 1.89% 4/18/2023 -0.95%PAYB PYFIX 1.5825 9/15/2020 -1.09%Security% of PortfolioPAYB PYFIX 1.8458 1/13/2022 -1.19%PAYB PAYFIX .95644 2/08/2018 -1.22%PAYB PYFIX 1.3575 4/10/2020 -1.39%PAYB ZCS 12/31/2023 -1.70%PAYB ZCS 12/31/2023 -1.84%US ULTRA BOND FUT 9/19/2014 -2.30%PAYB ZCS 0.00 12/31/2023 -2.83%PAYB PYFIX 2.2668 6/10/2023 -4.25%PAYB SWP 1.205390 6/10/2018 -5.21%US LONG BOND 9/19/2014 -6.51%US 10YR NOTE FUT 9/19/2014 -7.30%PAYB ZCS 0.00% 12/31/2023 -10.48%US 2YR NOTE FUT 9/30/2014 -24.06%AST Portfolio Holdings103 of 635

AST Bond Portfolio 2024Security% of PortfolioRECV ZCS 0.00% 12/31/2024 34.03%US 5YR NOTE(CBT) 9/30/2014 22.13%RECV ZCS 0.00% 12/31/2024 15.45%RECV ZCS 0.00% 12/31/2024 9.42%US 10YR NOTE FUT 9/19/2014 7.23%US TREASURY N/B 2 2/28/2021 6.31%RECV SWP 1.205390 6/10/2018 4.49%RECV ZCS 0.00 12/31/2024 4.49%RECV PYFIX 2.2668 6/10/2023 3.75%RFCSP STRIP PRIN 0 10/15/2019 3.11%US TREASURY N/B 2.25 4/30/2021 2.56%FANNIE MAE 0.875 5/21/2018 2.48%BACM 2005-3 A4 7/10/2043 2.47%BANK NOVA SCOTI 2.15 8/03/2016 2.39%MSC 2012-C4 A2 3/15/2045 2.18%RFCSP STRIP PRIN 0 7/15/2020 2.06%JPMCC 2005-LDP5 A4 12/15/2044 1.92%COMM 2013-CR8 A2 6/10/2046 1.92%AID-ISRAEL 5.5 9/18/2023 1.78%US TREASURY N/ 1.625 6/30/2019 1.76%GCCFC 2005-GG5 A5 4/10/2037 1.70%GCCFC 2005-GG3 A4 8/10/2042 1.65%AMXCA 2013-1 A 2/16/2021 1.59%KOMMUNALBANKEN 1.125 5/23/2018 1.52%RECV PAYFIX 1.17 11/30/2017 1.42%EXPORT DEV CAN 1.5 10/03/2018 1.41%FHMS K005 A2 11/25/2019 1.28%PRUDENTIAL CORE INVESTMNT 12/31/2049 1.27%ASIAN DEV BANK 1.75 9/11/2018 1.25%FREDDIE MAC 1.75 5/30/2019 1.25%JPMCC 2013-C13 A2 1/15/2046 1.25%FICO STRIP PRN-4 0 10/06/2017 1.21%VERIZON COMM IN 5.15 9/15/2023 1.11%STRIPS 0 8/15/2021 1.11%DOW CHEMICAL C 4.25 11/15/2020 1.09%CHAIT 2007-C1 C1 4/15/2019 1.03%FANNIE MAE 1.75 6/20/2019 1.01%GSMS 2005-GG4 A4A 7/10/2039 0.99%FICO STRIP PRIN 0 9/26/2019 0.94%FINLAND REP OF 2.25 3/17/2016 0.94%BELGIUM KINGDOM 2.75 3/05/2015 0.94%GOLDMAN SACHS 5.375 3/15/2020 0.94%AUSTRIA REP OF 1.75 6/17/2016 0.94%NETHERLANDS GOV 0.25 9/12/2015 0.93%CSFB 2005-C1 A4 2/15/2038 0.92%SWEDEN KINGDOM 0.375 5/18/2015 0.92%BANK OF ENGLAND 0.5 3/21/2016 0.92%CANADA GOVT 0.875 2/14/2017 0.91%DENMARK KINGDO 0.375 4/25/2016 0.91%CCCIT 2014-A2 A2 2/22/2019 0.91%MERCK & CO INC 2.8 5/18/2023 0.89%JPMORGAN CHASE 3.375 5/01/2023 0.84%MLMT 2006-C1 A4 5/12/2039 0.83%GEEST 2013-1A A2 1/25/2016 0.80%Security% of PortfolioBANK NOVA SCOT 1.65 10/29/2015 0.79%WFRBS 2014-LC14 A2 3/15/2047 0.75%COMM 2013-CR6 A2 3/10/2046 0.74%UNITED PARCEL 5.125 4/01/2019 0.69%RECV CME ZCS .00 12/31/2024 0.67%CANADA GOVT 2.375 9/10/2014 0.67%CHAIT 2014-A1 A1 1/15/2019 0.67%RECV IFS 2.8825 7/15/2024 0.67%FREDDIE MAC 2.375 1/13/2022 0.66%US TREASURY N/B 2.5 5/15/2024 0.66%BANK OF AMER CRP 3.3 1/11/2023 0.64%CCCIT 2008-A2 A2 1/23/2020 0.63%JPMBB 2013-C12 A3 7/15/2045 0.63%MLMT 2005-CIP1 A4 7/12/2038 0.63%HAROT 2013-3 A3 5/15/2017 0.61%BACCT 2014-A2 A 9/16/2019 0.61%GEDFT 2014-1 A 7/20/2019 0.61%CCCIT 2005-C2 C2 3/24/2017 0.61%CARMX 2013-3 A2 8/15/2016 0.58%CHAIT 2012-A7 A7 9/15/2024 0.58%EFF 2013-2 A2 3/20/2019 0.57%FHMS K029 A2 2/25/2023 0.57%FHMS K029 A2 2/25/2023 0.57%VWALT 2013-A A2A 12/20/2015 0.56%MMAF 2013-AA A2 5/09/2016 0.54%GEN ELEC CAP CRP 3.1 1/09/2023 0.53%NAROT 2013-B A2 4/15/2016 0.52%MORGAN STANLE 4.875 11/01/2022 0.51%DUPONT EI NEMO 4.625 1/15/2020 0.51%FANNIE MAE 1.875 9/18/2018 0.51%MBART 2013-1 A2 3/15/2016 0.51%JAPAN FIN CORP 2.5 5/18/2016 0.50%US TREASURY N/B 2.25 3/31/2021 0.50%ANHEUSER-BUSCH 4.125 1/15/2015 0.50%AMOT 2014-4 A1 6/17/2019 0.49%AESOP 2014-2A A 2/20/2021 0.49%DCENT 2014-A4 A4 12/15/2021 0.49%BP CAPITAL PL 3.125 10/01/2015 0.47%CITIGROUP INC 3.375 3/01/2023 0.47%EUROPEAN INVT BK 0.5 8/15/2016 0.46%PFIZER INC 3 6/15/2023 0.44%US TREASURY N/ 2.875 3/31/2018 0.43%FANNIE MAE 1.75 9/12/2019 0.43%CDP FINANCIAL 3.15 7/24/2024 0.43%AETNA INC 3.95 9/01/2020 0.43%WBCMT 2006-C29 A4 11/15/2048 0.42%NEXTERA ENERGY 3.625 6/15/2023 0.41%LINCOLN NATL CR 4.85 6/24/2021 0.41%FITAT 2013-1 A2 3/15/2016 0.38%AMCAR 2013-4 A2 11/08/2016 0.38%SDART 2014-1 A2B 6/15/2017 0.37%HARTFORD FINL 5.125 4/15/2022 0.34%FORDO 2013-C A2 4/15/2016 0.34%AMERICAN EXPRE 2.65 12/02/2022 0.33%AST Portfolio Holdings104 of 635

AST Bond Portfolio 2024 (continued)Security% of PortfolioSPAIN 4 3/06/2018 0.32%FORD MOTOR CRE 8.125 1/15/2020 0.31%AMXCA 2012-5 C 5/15/2018 0.31%CITIGROUP INC 5.5 9/13/2025 0.30%PIONEER NATURAL 7.5 1/15/2020 0.30%FORDO 2011-B B 1/15/2017 0.28%US TREASURY N/B 1 9/30/2019 0.25%FORDR 2014-1 A 11/15/2025 0.24%BAXTER INTL 3.2 6/15/2023 0.23%AMER INTL GROUP 6.4 12/15/2020 0.22%MORGAN STANLEY 4.1 5/22/2023 0.21%ALLSTATE CORP 3.15 6/15/2023 0.19%US TREASURY N/B 2 5/31/2021 0.19%FORDO 2012-C B 12/15/2017 0.18%FED HOME LN BANK 1 6/21/2017 0.18%LYB INTL FIN 4 7/15/2023 0.18%ORACLE CORP 3.625 7/15/2023 0.18%AID-JORDAN 2.503 10/30/2020 0.17%PNC BANK NA 3.8 7/25/2023 0.16%LIBERTY MUTUAL 4.25 6/15/2023 0.13%CUMMINS INC 3.65 10/01/2023 0.13%US TREASURY N/ 3.625 2/15/2044 0.12%BANK OF AMER CRP 5.7 1/24/2022 0.12%FORDO 2013-B A3 10/15/2017 0.12%WOART 2013-A A3 4/16/2018 0.12%AMCAR 2014-2 A2B 10/10/2017 0.12%AMXCA 2014-1 B 12/15/2021 0.12%CCCIT 2013-A2 A2 5/26/2020 0.12%MORGAN STANLEY 5.5 7/28/2021 0.12%US TREASURY N/B 1.5 5/31/2019 0.11%US TREASURY N/ 3.375 5/15/2044 0.11%SDART 2013-4 A2 9/15/2016 0.11%ENTERPRISE PROD 3.35 3/15/2023 0.09%RECV PYFIX 1.8458 1/13/2022 0.08%RECV PAYFIX .95644 2/08/2018 0.08%RECV PAYFIX 0.42 3/27/2015 0.08%CHEVRON CORP 3.191 6/24/2023 0.07%NALT 2013-A A2B 9/15/2015 0.07%ALLYL 2013-SN1 A2 5/20/2015 0.07%HAROT 2013-2 A3 2/16/2017 0.06%JPMCC 2013-LC11 A3 4/15/2046 0.06%MYLAN INC 1.8 6/24/2016 0.06%WBCMT 2006-C25 A5 5/15/2043 0.06%FANNIE MAE 1.875 2/19/2019 0.05%FANNIE MAE 5.375 6/12/2017 0.05%PAYB PAYFIX 2.533 6/02/2024 0.03%RECV PAYFIX 2.533 6/02/2024 0.03%MSC 2007-HQ11 A4 2/12/2044 0.03%BP CAPITAL PLC 1.375 5/10/2018 0.03%FHMS K015 A2 7/25/2021 0.03%MLMT 2005-MCP1 A4 6/12/2043 0.03%RECV PYFLTR 3.474 3/31/2044 0.03%10Y RTR 2.75 8/15/2014 0.03%CAMERON INTERNAT 3.6 4/30/2022 0.03%Security% of PortfolioCARMX 2013-2 A2 6/15/2016 0.03%MBALT 2013-A A2 6/15/2015 0.02%FED HOME LN BA 0.375 8/28/2015 0.02%PAYB USD 1.625 11/30/2018 0.02%RECV USD 1.625 11/30/2018 0.02%WFRBS 2011-C5 A2 11/15/2044 0.02%RECV RECFIX 2.17 7/29/2020 0.02%PAYB SWAP:USD 2.57 6/03/2024 0.02%RECV SWAP:USD 2.57 6/03/2024 0.02%JPMCC 2005-LDP2 A4 7/15/2042 0.02%NMOTR 2013-A A 2/15/2018 0.02%BACM 2005-2 A5 7/10/2043 0.01%SUNCOR INC 6.1 6/01/2018 0.01%WBCMT 2005-C22 A4 12/15/2044 0.01%UBSC 2011-C1 A2 1/10/2045 0.01%BANK OF ENGLAND 0.5 3/06/2015 0.01%WFRBS 2012-C10 A2 12/15/2045 0.01%AMGEN INC 4.1 6/15/2021 0.01%PAYB PAYFIX 2.641 5/19/2024 0.01%RECV PAYFIX 2.641 5/19/2024 0.01%WELLS FARGO CO 3.45 2/13/2023 0.01%GOLDMAN SACHS G 5.25 7/27/2021 0.01%MAGELLAN MIDSTR 4.25 2/01/2021 0.01%CARMX 2013-1 A2 3/15/2016 0.01%PRINCIPAL FINL 3.3 9/15/2022 0.01%AETNA INC 2.75 11/15/2022 0.01%ANHEUSER-BUSCH 2.5 7/15/2022 0.01%KINDER MORGAN EN 3.5 9/01/2023 0.01%ALTRIA GROUP IN 9.7 11/10/2018 0.01%CD 2005-CD1 A4 7/15/2044 < 0.01%PAYB PAYFLTR 1.56 10/03/2018 < 0.01%PAYB CME ZCS .00 12/31/2024 < 0.01%PAYB PYFLTR 1.56 12/10/2018 < 0.01%PAYB RECFIX 2.17 7/29/2020 < 0.01%PAYB PYFLTR 3.474 3/31/2044 < 0.01%RECV PAYFIX 1.61 8/02/2018 < 0.01%PAYB PAYFIX 1.61 8/02/2018 < 0.01%RECV PYFIX 1.6412 8/16/2018 < 0.01%PAYB PYFIX 1.6412 8/16/2018 < 0.01%RECV PYFIX 2.638 10/28/2023 < 0.01%PAYB PYFIX 2.638 10/28/2023 < 0.01%RECV PAYFIX .8474 6/28/2016 < 0.01%PAYB PAYFIX .8474 6/28/2016 < 0.01%RECV USD 2.375 5/15/2021 -0.01%PAYB USD 2.375 5/15/2021 -0.01%RECV PYFIX 2.653 10/25/2023 -0.01%PAYB PYFIX 2.653 10/25/2023 -0.01%RECV PAYFIX 1.723 9/18/2018 -0.01%PAYB PAYFIX 1.723 9/18/2018 -0.01%RECV PAYFIX 2.7610 2/06/2024 -0.01%PAYB PAYFIX 2.7610 2/06/2024 -0.01%RECV PAYFLTR 1.56 10/03/2018 -0.01%RECV PAYFIX 1.781 9/19/2018 -0.01%PAYB PAYFIX 1.781 9/19/2018 -0.01%AST Portfolio Holdings105 of 635

AST Bond Portfolio 2024 (continued)Security% of PortfolioRECV PAYFIX 1.86% 9/16/2018 -0.02%PAYB PAYFIX 1.86% 9/16/2018 -0.02%RECV PYFLTR 1.56 12/10/2018 -0.04%RECV PYFIX 2.719 10/22/2023 -0.05%PAYB PYFIX 2.719 10/22/2023 -0.05%CDS CME 1% 6/20/2019 -0.06%PAYB PYFIX 1.8458 1/13/2022 -0.07%PAYB PAYFIX .95644 2/08/2018 -0.08%PAYB PAYFIX 0.42 3/27/2015 -0.08%RECV PAYFIX 2.6125 9/09/2020 -0.64%PAYB PAYFIX 2.6125 9/09/2020 -0.64%PAYB IFS 2.8825 7/15/2024 -0.67%US ULTRA BOND FUT 9/19/2014 -1.10%PAYB PAYFIX 1.17 11/30/2017 -1.40%PAYB PYFIX 2.2668 6/10/2023 -3.57%PAYB SWP 1.205390 6/10/2018 -4.38%PAYB ZCS 0.00 12/31/2024 -4.46%PAYB ZCS 0.00% 12/31/2024 -9.29%US LONG BOND 9/19/2014 -14.34%PAYB ZCS 0.00% 12/31/2024 -15.26%US 2YR NOTE FUT 9/30/2014 -16.34%PAYB ZCS 0.00% 12/31/2024 -33.27%AST Portfolio Holdings106 of 635

AST Bond Portfolio 2025Security% of PortfolioPRUDENTIAL CORE INVESTMNT 12/31/2049 24.81%US LONG BOND 9/19/2014 24.54%US TREASURY N/B 2.5 5/15/2024 22.05%US TREASURY N/B 2 2/28/2021 15.50%RECV ZCS CME 12/31/2025 3.39%US ULTRA BOND FUT 9/19/2014 2.45%FREDDIE MAC 2.375 1/13/2022 2.02%RFCSP STRIP PRIN 0 1/15/2021 1.88%FANNIE MAE 1.75 9/12/2019 1.53%FORDF 2013-1 A2 1/15/2018 0.81%AMXCA 2014-2 A 1/15/2020 0.81%MBALT 2013-B A2 9/15/2015 0.81%JPMBB 2014-C19 A3 4/15/2047 0.76%CMLT 2008-LS1 A1A 12/10/2049 0.75%CSFB 2005-C6 AM 12/15/2040 0.68%COMM 2014-UBS4 A2 8/10/2047 0.67%GOLDMAN SACHS 2.625 1/31/2019 0.61%JPMCC 2013-C10 A1 12/15/2047 0.50%MORGAN STANLEY 5.5 7/28/2021 0.46%WBCMT 2006-C25 A5 5/15/2043 0.44%WBCMT 2006-C25 AM 5/15/2043 0.43%BSCMS 2006-T22 AM 4/12/2038 0.43%JPMCC 2005-LDP5 AM 12/15/2044 0.43%GSMS 2006-GG6 A4 4/10/2038 0.43%DBUBS 2011-LC3A A2 8/10/2044 0.42%JOHNSON&JOHNS 3.375 12/05/2023 0.42%JPMCC 2005-CB12 AM 9/12/2037 0.42%GCCFC 2005-GG5 A5 4/10/2037 0.42%WFRBS 2014-LC14 A2 3/15/2047 0.42%LBUBS 2005-C2 A5 4/15/2030 0.41%COMM 2012-LC4 A2 12/10/2044 0.41%NOVARTIS CAPITAL 3.4 5/06/2024 0.41%SHELL INTL FIN 1.9 8/10/2018 0.41%MORGAN STANLEY 2.5 1/24/2019 0.41%BACCT 2014-A2 A 9/16/2019 0.41%VWALT 2014-A A2A 10/20/2016 0.41%EOG RESOURCES I 2.45 4/01/2020 0.41%BMWLT 2014-1 A2 3/21/2016 0.41%HDMOT 2014-1 A2B 4/15/2018 0.41%EXXON MOBIL CORP FRN 3/15/2019 0.41%JPMORGAN CHASE 3.625 5/13/2024 0.41%CCCIT 2005-C2 C2 3/24/2017 0.41%COMM 2012-CR3 A2 10/15/2045 0.41%CITIGROUP INC 3.75 6/16/2024 0.40%PFIZER INC 3 6/15/2023 0.40%GSMS 2005-GG4 A4 7/10/2039 0.39%MLMT 2005-LC1 A4 1/12/2044 0.39%US TREASURY N/ 2.875 3/31/2018 0.38%WELLS FARGO CO 3 1/22/2021 0.37%FORDO 2014-A A2 11/15/2016 0.36%BANK OF AMER C 4.125 1/22/2024 0.33%CCART 2013-BA A2 12/15/2016 0.32%MSC 2006-HQ9 AM 7/12/2044 0.31%US TREASURY N/ 3.625 2/15/2044 0.30%Security% of PortfolioENTERPRISE PRODU 3.9 2/15/2024 0.29%AMER INTL GROUP 2.3 7/16/2019 0.28%COMM 2012-CR3 A1 10/15/2045 0.28%GMACC 2006-C1 A1A 11/10/2045 0.26%WBCMT 2006-C27 A1A 7/15/2045 0.25%JPMCC 2012-LC9 A1 12/15/2047 0.25%US TREASURY N/ 1.625 4/30/2019 0.24%GOLDMAN SACHS G 5.75 1/24/2022 0.23%DISCOVER FIN SVS 5.2 4/27/2022 0.22%WAL-MART STORES 4.25 4/15/2021 0.22%CVS CAREMARK 4 12/05/2023 0.21%LYB INTL FIN 4 7/15/2023 0.21%US BANCORP 3.7 1/30/2024 0.21%LIBERTY MUTUAL 4.25 6/15/2023 0.21%GILEAD SCIENCES 3.7 4/01/2024 0.21%CAMERON INTERNAT 3.6 4/30/2022 0.21%JPMBB 2013-C12 A4 7/15/2045 0.21%FANNIE MAE 1.875 2/19/2019 0.20%CITIGROUP INC 2.55 4/08/2019 0.20%AETNA INC 2.2 3/15/2019 0.20%GEN ELEC CAP CRP 3.1 1/09/2023 0.20%WELLPOINT INC 3.3 1/15/2023 0.20%ANHEUSER-BUSCH 2.5 7/15/2022 0.20%GSMS 2014-GC20 A4 4/10/2047 0.17%FANNIE MAE 1.75 6/20/2019 0.12%BANK OF NY MELL 3.65 2/04/2024 0.08%US TREASURY N/ 3.375 5/15/2044 0.08%ALLYL 2013-SN1 A2 5/20/2015 0.06%STRIP PRINC 0 2/15/2044 0.06%MONSANTO CO 3.375 7/15/2024 0.04%US TREASURY N/ 2.125 6/30/2021 0.04%PAYB USD 1.625 11/30/2018 0.02%STRIP PRINC 0 5/15/2044 0.01%10Y RTR 2.75 8/15/2014 0.01%RECV USD 1.625 11/30/2018 < 0.01%RECV USD 2.375 5/15/2021 < 0.01%RECV PAYFIX .293 1/23/2015 < 0.01%PAYB ZCS CME 12/31/2025 < 0.01%PAYB PAYFIX .293 1/23/2015 < 0.01%PAYB USD 2.375 5/15/2021 < 0.01%US 2YR NOTE FUT 9/30/2014 -7.12%US 10YR NOTE FUT 9/19/2014 -8.09%US 5YR NOTE(CBT) 9/30/2014 -9.65%AST Portfolio Holdings107 of 635

AST Capital Growth Asset Allocation PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 9.43%(PDMI) QMA LARGE-CAP PORTFO 9.31%(PDMH) AQR LARGE-CAP PORTFO 9.27%(PD40) INT'L VALUE PORTFOLI 6.06%(PD50) INT'L GROWTH PORTFOL 6.04%(296655) PRU CORE BOND PORT 4.79%(PDBW) CLEARBRIDGE DIVIDEND 4.64%(PDBJ) LOOMIS SAYLES LARGE 4.32%(PDBD) WESTERN ASSET CORE P 3.55%ESU4 S&P 500 EMINI FUT 9/24/2014 3.36%(3044) MFS GROWTH PORTFOLIO 3.28%(PDBP) PIMCO TOTAL RETURN B 2.77%(PDBT) GS LARGE CAP VALUE 2.34%(300F) T.ROWE PRICE EQUITYI 2.31%SPU4 S&P 500 FUTURE 9/24/2014 2.15%(296113) JENNISON LARGE-CAP 1.76%(PDBV) MFS LARGE-CAP VALUE 1.73%(PDX0) LARGE CAP VALUE PORT 1.72%(PDML) HERNDON LARGE CAP VA 1.72%(296111) JENNISON LARGE-CAP 1.70%(PDBK) TROWE LARGE CAP GROW 1.65%(30A0) SMALL CAP VALUE PORT 1.60%TYU4 US 10YR NOTE (CBT) 10/05/2014 1.52%(PD90) SMALL-CAP GROWTH 1.19%(PDBS) LORD ABBETT CORE FIX 1.13%(PDVZ) GS STRATEGIC INCOME 1.12%(PD80) FEDERATED AGGRESSIVE 0.83%TUU4 US 2YR NOTE (CBT) 10/08/2014 0.77%(PDBU) WESTERN EMERGING MAR 0.69%(PDBQ) AST NB CORE FIXED IN 0.69%(3036) GS SMALL-CAP VALUE 0.61%RTAU4 RUSSELL 2000 MINI 9/19/2014 0.56%(PD20) HIGH YIELD BOND PORT 0.55%VGU4 EURO STOXX 50 9/23/2014 0.49%EUROPEAN CURRENCY 0.44%(3019) PIMCO LIMITED MATURI 0.41%US T-BILL 0.025% 9/18/2014 0.40%TPU4 TOPIX INDX FUTR 9/17/2014 0.40%Z U4 FTSE 100 IDX FUT SEP 1 9/24/2014 0.39%(PDBX) AQR EMERGING MARKETS 0.25%(PDBM) PARAMETRIC EMERGING 0.22%UK POUND STERLING 0.21%JAPANESE YEN 0.20%(PDZ0) NB/LSV MID-CAP VALUE 0.19%(PDW0) MID-CAP VALUE PORTFO 0.18%(PDAT) NEUBERGER MID-CAP GR 0.17%(3094) GS MID-CAP GROWTH 0.17%(PDBY) QMA EMERGING MARKETS 0.17%CFQ4 CAC40 10 EURO FUT 9/10/2014 0.16%GXU4 DAX INDEX FUTURE 9/24/2014 0.14%(3003) MONEY MARKET PORTFOL 0.12%(3018) TROWE NATURAL RESOUR 0.10%US T-BILL 0.039555% 12/18/2014 0.01%US T-BILL 0.020393% 9/18/2014 0.01%Security% of Portfolio(PDMK) TEMPLETON BOND PORTF 0.01%JAPAN YEN < 0.01%UK POUND STERLING < 0.01%EURO < 0.01%AST Portfolio Holdings108 of 635

AST ClearBridge Dividend Growth PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 3.97%EXXON MOBIL CORP 3.08%INTEL CORP 2.74%SCHLUMBERGER LTD 2.67%TIME WARNER INC 2.65%GENERAL ELECTRIC CO 2.54%AMERICAN TOWER CORP 2.45%METLIFE INC 2.35%3M CO 2.32%COMCAST CORP-SPECIAL CL A 2.32%MICROSOFT CORP 2.29%UNITEDHEALTH GROUP INC 2.29%MERCK & CO. INC. 2.24%QUALCOMM INC 2.21%VERIZON COMMUNICATIONS INC 2.20%SPECTRA ENERGY CORP 2.19%JOHNSON & JOHNSON 2.19%UNION PACIFIC CORP 2.14%CHEVRON CORP 2.11%KIMBERLY-CLARK CORP 2.05%PROCTER & GAMBLE CO/THE 1.99%WASTE MANAGEMENT INC 1.94%WALT DISNEY CO/THE 1.88%UNITED TECHNOLOGIES CORP 1.84%HOME DEPOT INC 1.82%TRAVELERS COS INC/THE 1.75%NESTLE SA-SPONS ADR 1.69%BROOKFIELD INFRASTRUCTURE P 1.69%PFIZER INC 1.66%WAL-MART STORES INC 1.65%AUTOMATIC DATA PROCESSING 1.58%UNITED PARCEL SERVICE-CL B 1.56%NEXTERA ENERGY INC 1.53%AMERICAN EXPRESS CO 1.51%AT&T INC 1.48%C.H. ROBINSON WORLDWIDE INC 1.44%RAYTHEON COMPANY 1.41%INTERNATIONAL PAPER CO 1.31%HONDA MOTOR CO LTD-SPONS AD 1.21%DU PONT (E.I.) DE NEMOURS 1.16%ANHEUSER-BUSCH INBEV SPN AD 1.13%APPLE INC 1.13%OCCIDENTAL PETROLEUM CORP 1.11%WEYERHAEUSER CO 1.10%AMGEN INC 1.10%UGI CORP 1.08%EXELON CORP 1.08%ORACLE CORP 1.03%PPG INDUSTRIES INC 1.00%NORTHEAST UTILITIES 0.96%PEPSICO INC 0.92%WISCONSIN ENERGY CORP 0.91%BLACKSTONE GROUP LP/THE 0.84%BROOKFIELD RENEWABLE ENERGY 0.83%Security% of PortfolioFREEPORT-MCMORAN INC 0.82%COSTCO WHOLESALE CORP 0.77%EMC CORP/MA 0.53%SIMON PROPERTY GROUP INC 0.52%NATIONAL GRID PLC-SP ADR 0.50%TEXAS INSTRUMENTS INC 0.49%CORNING INC 0.46%PEOPLE'S UNITED FINANCIAL 0.45%BROOKFIELD RENEWABLE ENERG 0.10%WASHINGTON PRIME GROUP 0.03%AST Portfolio Holdings109 of 635

AST ClearBridge Dividend Growth PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 3.97%EXXON MOBIL CORP 3.08%INTEL CORP 2.74%SCHLUMBERGER LTD 2.67%TIME WARNER INC 2.65%GENERAL ELECTRIC CO 2.54%AMERICAN TOWER CORP 2.45%METLIFE INC 2.35%3M CO 2.32%COMCAST CORP-SPECIAL CL A 2.32%MICROSOFT CORP 2.29%UNITEDHEALTH GROUP INC 2.29%MERCK & CO. INC. 2.24%QUALCOMM INC 2.21%VERIZON COMMUNICATIONS INC 2.20%SPECTRA ENERGY CORP 2.19%JOHNSON & JOHNSON 2.19%UNION PACIFIC CORP 2.14%CHEVRON CORP 2.11%KIMBERLY-CLARK CORP 2.05%PROCTER & GAMBLE CO/THE 1.99%WASTE MANAGEMENT INC 1.94%WALT DISNEY CO/THE 1.88%UNITED TECHNOLOGIES CORP 1.84%HOME DEPOT INC 1.82%TRAVELERS COS INC/THE 1.75%NESTLE SA-SPONS ADR 1.69%BROOKFIELD INFRASTRUCTURE P 1.69%PFIZER INC 1.66%WAL-MART STORES INC 1.65%AUTOMATIC DATA PROCESSING 1.58%UNITED PARCEL SERVICE-CL B 1.56%NEXTERA ENERGY INC 1.53%AMERICAN EXPRESS CO 1.51%AT&T INC 1.48%C.H. ROBINSON WORLDWIDE INC 1.44%RAYTHEON COMPANY 1.41%INTERNATIONAL PAPER CO 1.31%HONDA MOTOR CO LTD-SPONS AD 1.21%DU PONT (E.I.) DE NEMOURS 1.16%ANHEUSER-BUSCH INBEV SPN AD 1.13%APPLE INC 1.13%OCCIDENTAL PETROLEUM CORP 1.11%WEYERHAEUSER CO 1.10%AMGEN INC 1.10%UGI CORP 1.08%EXELON CORP 1.08%ORACLE CORP 1.03%PPG INDUSTRIES INC 1.00%NORTHEAST UTILITIES 0.96%PEPSICO INC 0.92%WISCONSIN ENERGY CORP 0.91%BLACKSTONE GROUP LP/THE 0.84%BROOKFIELD RENEWABLE ENERGY 0.83%Security% of PortfolioFREEPORT-MCMORAN INC 0.82%COSTCO WHOLESALE CORP 0.77%EMC CORP/MA 0.53%SIMON PROPERTY GROUP INC 0.52%NATIONAL GRID PLC-SP ADR 0.50%TEXAS INSTRUMENTS INC 0.49%CORNING INC 0.46%PEOPLE'S UNITED FINANCIAL 0.45%BROOKFIELD RENEWABLE ENERG 0.10%WASHINGTON PRIME GROUP 0.03%AST Portfolio Holdings110 of 635

AST Cohen & Steers Realty PortfolioSecurity% of PortfolioSIMON PROPERTY GROUP INC 11.52%EQUITY RESIDENTIAL 6.29%PUBLIC STORAGE 4.86%VORNADO REALTY TRUST 4.77%SL GREEN REALTY CORP 4.51%PROLOGIS INC 4.51%VENTAS INC 4.50%UDR INC 4.23%GENERAL GROWTH PROPERTIES 2.94%HEALTH CARE REIT INC 2.43%WEINGARTEN REALTY INVESTORS 2.31%KIMCO REALTY CORP 2.20%HOST HOTELS & RESORTS INC 2.18%REGENCY CENTERS CORP 2.16%HOME PROPERTIES INC 1.87%SUNSTONE HOTEL INVESTORS IN 1.76%APARTMENT INVT & MGMT CO -A 1.74%EXTRA SPACE STORAGE INC 1.73%DOUGLAS EMMETT INC 1.71%TAUBMAN CENTERS INC 1.66%STRATEGIC HOTELS & RESORTS 1.54%CUBESMART 1.50%HILTON WORLDWIDE HOLDINGS I 1.45%KILROY REALTY CORP 1.40%DIAMONDROCK HOSPITALITY CO 1.34%ESSEX PROPERTY TRUST INC 1.33%PRUDENTIAL CORE INVESTMENT 1.27%COUSINS PROPERTIES INC 1.23%BIOMED REALTY TRUST INC 1.21%CORPORATE OFFICE PROPERTIES 1.14%HEALTHCARE TRUST OF AMERICA 1.14%FOREST CITY ENTERPRISES-CL 1.13%SOVRAN SELF STORAGE INC 1.07%GLIMCHER REALTY TRUST 1.02%EMPIRE STATE REALTY TRUST-A 0.96%AMERICAN ASSETS TRUST INC 0.89%RETAIL PROPERTIES OF AME - 0.81%TANGER FACTORY OUTLET CENTE 0.78%POST PROPERTIES INC 0.78%AMERICAN HOMES 4 RENT- A 0.77%OMEGA HEALTHCARE INVESTORS 0.74%MACK-CALI REALTY CORP 0.73%RAMCO-GERSHENSON PROPERTIES 0.72%BRANDYWINE REALTY TRUST 0.70%BOSTON PROPERTIES INC 0.68%FIRST INDUSTRIAL REALTY TR 0.64%BELMOND LTD-CLASS A 0.61%LA QUINTA HOLDINGS INC 0.59%QTS REALTY TRUST INC-CL A 0.47%EDUCATION REALTY TRUST INC 0.42%TOLL BROTHERS INC 0.40%WASHINGTON PRIME GROUP 0.39%PENN REAL ESTATE INVEST TST 0.26%AST Portfolio Holdings111 of 635

AST Cohen & Steers Realty PortfolioSecurity% of PortfolioSIMON PROPERTY GROUP INC 11.52%EQUITY RESIDENTIAL 6.29%PUBLIC STORAGE 4.86%VORNADO REALTY TRUST 4.77%SL GREEN REALTY CORP 4.51%PROLOGIS INC 4.51%VENTAS INC 4.50%UDR INC 4.23%GENERAL GROWTH PROPERTIES 2.94%HEALTH CARE REIT INC 2.43%WEINGARTEN REALTY INVESTORS 2.31%KIMCO REALTY CORP 2.20%HOST HOTELS & RESORTS INC 2.18%REGENCY CENTERS CORP 2.16%HOME PROPERTIES INC 1.87%SUNSTONE HOTEL INVESTORS IN 1.76%APARTMENT INVT & MGMT CO -A 1.74%EXTRA SPACE STORAGE INC 1.73%DOUGLAS EMMETT INC 1.71%TAUBMAN CENTERS INC 1.66%STRATEGIC HOTELS & RESORTS 1.54%CUBESMART 1.50%HILTON WORLDWIDE HOLDINGS I 1.45%KILROY REALTY CORP 1.40%DIAMONDROCK HOSPITALITY CO 1.34%ESSEX PROPERTY TRUST INC 1.33%PRUDENTIAL CORE INVESTMENT 1.27%COUSINS PROPERTIES INC 1.23%BIOMED REALTY TRUST INC 1.21%CORPORATE OFFICE PROPERTIES 1.14%HEALTHCARE TRUST OF AMERICA 1.14%FOREST CITY ENTERPRISES-CL 1.13%SOVRAN SELF STORAGE INC 1.07%GLIMCHER REALTY TRUST 1.02%EMPIRE STATE REALTY TRUST-A 0.96%AMERICAN ASSETS TRUST INC 0.89%RETAIL PROPERTIES OF AME - 0.81%TANGER FACTORY OUTLET CENTE 0.78%POST PROPERTIES INC 0.78%AMERICAN HOMES 4 RENT- A 0.77%OMEGA HEALTHCARE INVESTORS 0.74%MACK-CALI REALTY CORP 0.73%RAMCO-GERSHENSON PROPERTIES 0.72%BRANDYWINE REALTY TRUST 0.70%BOSTON PROPERTIES INC 0.68%FIRST INDUSTRIAL REALTY TR 0.64%BELMOND LTD-CLASS A 0.61%LA QUINTA HOLDINGS INC 0.59%QTS REALTY TRUST INC-CL A 0.47%EDUCATION REALTY TRUST INC 0.42%TOLL BROTHERS INC 0.40%WASHINGTON PRIME GROUP 0.39%PENN REAL ESTATE INVEST TST 0.26%AST Portfolio Holdings112 of 635

AST Defensive Asset Allocation PortfolioSecurity% of Portfolio(296655) PRU CORE BOND PORT 25.06%(PDBD) WESTERN ASSET CORE P 18.49%(PDBP) PIMCO TOTAL RETURN B 14.72%(PDVZ) GS STRATEGIC INCOME 5.96%(PDBS) LORD ABBETT CORE FIX 5.91%(PDBQ) AST NB CORE FIXED IN 3.69%(PDBU) WESTERN EMERGING MAR 3.49%(PDMI) QMA LARGE-CAP PORTFO 2.30%(PD20) HIGH YIELD BOND PORT 2.30%(3019) PIMCO LIMITED MATURI 2.30%(PDMH) AQR LARGE-CAP PORTFO 2.30%(3003) MONEY MARKET PORTFOL 1.83%(PD50) INT'L GROWTH PORTFOL 1.50%(PD40) INT'L VALUE PORTFOLI 1.49%(PDBW) CLEARBRIDGE DIVIDEND 1.15%(PDBJ) LOOMIS SAYLES LARGE 1.07%(3044) MFS GROWTH PORTFOLIO 0.81%PRUDENTIAL CORE INVESTMENT 0.58%(PDBT) GS LARGE CAP VALUE 0.58%(300F) T.ROWE PRICE EQUITYI 0.57%(30A0) SMALL CAP VALUE PORT 0.53%(296113) JENNISON LARGE-CAP 0.44%(PDBV) MFS LARGE-CAP VALUE 0.43%(PDX0) LARGE CAP VALUE PORT 0.43%(PDML) HERNDON LARGE CAP VA 0.42%(296111) JENNISON LARGE-CAP 0.41%(PDBK) TROWE LARGE CAP GROW 0.40%(PD90) SMALL-CAP GROWTH 0.30%(PD80) FEDERATED AGGRESSIVE 0.19%(PDBX) AQR EMERGING MARKETS 0.07%(PDBM) PARAMETRIC EMERGING 0.06%(PDZ0) NB/LSV MID-CAP VALUE 0.04%(PDW0) MID-CAP VALUE PORTFO 0.04%(3094) GS MID-CAP GROWTH 0.04%(PDBY) QMA EMERGING MARKETS 0.04%(PDAT) NEUBERGER MID-CAP GR 0.04%(3018) TROWE NATURAL RESOUR 0.02%AST Portfolio Holdings113 of 635

AST FI Pyramis ® Asset Allocation PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 11.81%ESU4 S&P 500 EMINI FUT 9/24/2014 7.37%US TREASURY N/B 7/15/2017 4.59%MFSU4 MINI ESCI EAFE 9/24/2014 2.03%WI TREASURY SEC. 5/31/2021 1.87%US TREASURY N/B 6/30/2019 1.32%MICROSOFT CORP 1.21%GOOGLE INC-CL A 1.13%CHEVRON CORP 1.08%COMCAST CORP-CLASS A 0.85%BANK OF AMERICA CORP 0.77%QUALCOMM INC 0.77%APPLE INC 0.75%SCHLUMBERGER LTD 0.71%DUKE ENERGY CORP 0.70%CITIGROUP INC 0.68%US TREASURY N/B 6/15/2017 0.67%GILEAD SCIENCES INC 0.66%CVS CAREMARK CORP 0.66%TIME WARNER INC 0.64%AMERICAN INTERNATIONAL GROU 0.63%US TREASURY N/B 7/31/2015 0.57%FACEBOOK INC-A 0.56%CBRE GROUP INC - A 0.55%BRISTOL-MYERS SQUIBB CO 0.52%HOME DEPOT INC 0.52%VERIZON COMMUNICATIONS INC 0.52%LORILLARD INC 0.50%MEDIVATION INC 0.50%LYONDELLBASELL INDU-CL A 0.50%ABBOTT LABORATORIES 0.49%FEDEX CORP 0.48%VALEANT PHARMACEUTICALS 0.47%STARBUCKS CORP 0.47%US TREASURY N/B 6/30/2016 0.46%EQT CORP 0.45%ORACLE CORP 0.44%MEDTRONIC INC 0.44%AMERICAN AIRLINES GROUP INC 0.44%ESTEE LAUDER COMPANIES-CL A 0.44%ADOBE SYSTEMS INC 0.43%MOHAWK INDUSTRIES INC 0.43%DANAHER CORP 0.42%UNION PACIFIC CORP 0.41%CAPITAL ONE FINANCIAL CORP 0.41%CATAMARAN CORP 0.40%US TREASURY N/B 6/30/2021 0.40%NXP SEMICONDUCTORS NV 0.39%NESTLE SA-REG 0.39%ROCHE HOLDING AG-GENUSSCHEI 0.39%DELPHI AUTOMOTIVE PLC 0.39%ASHLAND INC 0.39%STATE STREET CORP 0.38%PEPSICO INC 0.38%Security% of PortfolioINGERSOLL-RAND PLC 0.37%METLIFE INC 0.36%AMERICAN TOWER CORP 0.36%TJX COMPANIES INC 0.36%FANNIE MAE 9/12/2019 0.36%FIDELITY NATIONAL INFORMATI 0.33%PALL CORP 0.33%EBAY INC 0.33%MERCK & CO. INC. 0.32%FMC TECHNOLOGIES INC 0.31%EDISON INTERNATIONAL 0.31%NATIONAL OILWELL VARCO INC 0.30%MARATHON PETROLEUM CORP 0.30%AGILENT TECHNOLOGIES INC 0.28%TOTAL SYSTEM SERVICES INC 0.28%MCGRAW HILL FINANCIAL INC 0.28%ALLERGAN INC 0.27%CUMMINS INC 0.27%CF INDUSTRIES HOLDINGS INC 0.27%KROGER CO 0.27%CONSTELLATION BRANDS INC-A 0.27%GOVERNMENT NATIONAL MORTGAG 8/01/2040 0.27%TWENTY-FIRST CENTURY FOX-A 0.26%SBA COMMUNICATIONS CORP-CL 0.26%TOYOTA MOTOR CORP 0.26%COLGATE-PALMOLIVE CO 0.26%VERIZON COMM INC 9/15/2020 0.26%INVESCO LTD 0.25%HCA HOLDINGS INC 0.25%US TREASURY N/B 5/15/2024 0.25%PROCTER & GAMBLE CO/THE 0.25%BIOMARIN PHARMACEUTICAL INC 0.25%TOTAL SA 0.25%BOEING CO/THE 0.25%ROYAL DUTCH SHELL PLC-A SHS 0.24%HESS CORP 0.24%MACY'S INC 0.24%UNITED TECHNOLOGIES CORP 0.23%US TREASURY N/B 2/15/2036 0.23%ANHEUSER-BUSCH INBEV NV 0.23%WACHOVIA BANK COMMERCIAL MO 2/15/2051 0.22%OCCIDENTAL PETROLEUM CORP 0.22%NOVARTIS AG-REG 0.22%RIO TINTO PLC 0.22%ROYAL DUTCH SHELL PLC-B SHS 0.22%FANNIE MAE 9/01/2040 0.21%M & T BANK CORP 0.21%REGIONS FINANCIAL CORP 0.20%PETROBRAS 5/20/2023 0.20%US TREASURY N/B 5/15/2044 0.20%FANNIE MAE 9/01/2042 0.19%HSBC HOLDINGS PLC 0.19%UBS AG-REG 0.19%BARRICK GOLD COR 5/01/2023 0.19%AST Portfolio Holdings114 of 635

AST FI Pyramis ® Asset Allocation Portfolio (continued)Security% of PortfolioFANNIE MAE 8/01/2043 0.19%EATON CORP PLC 0.19%JP MORGAN CHASE COMMERCIAL 6/15/2049 0.18%JPMORGAN CHASE & CO 0.18%ING GROEP NV-CVA 0.18%SANOFI 0.17%VODAFONE GROUP PLC 0.17%NATIONAL AUSTRALIA BANK LTD 0.16%JM SMUCKER CO/THE 0.16%FANNIE MAE 8/01/2043 0.16%CREDIT SUISSE GROUP AG-REG 0.15%BOSTON PROPERTIES INC 0.15%LLOYDS BANKING GROUP PLC 0.15%ROYAL BK SCOTLND 12/19/2023 0.15%GLAXOSMITHKLINE PLC 0.15%KERING 0.14%WACHOVIA BANK COMMERCIAL MO 12/15/2043 0.14%AMADEUS IT HOLDING SA-A SHS 0.14%PPG INDUSTRIES INC 0.13%GOVERNMENT NATIONAL MORTGAG 8/01/2044 0.13%HITACHI LTD 0.13%VOLKSWAGEN AG-PREF 0.13%VERIZON COMM INC 9/15/2043 0.13%REINSURANCE GROUP OF AMERIC 0.13%ORIX CORP 0.13%BG GROUP PLC 0.13%BAYERISCHE MOTOREN WERKE AG 0.12%BAYER AG-REG 0.12%CARLSBERG AS-B 0.12%WOOLWORTHS LTD 0.12%MITSUI FUDOSAN CO LTD 0.12%CODELCO INC 11/03/2021 0.12%FINMECCANICA SPA 0.12%AIA GROUP LTD 0.12%ENEL SPA 0.12%SALIX PHARMACEUTICALS LTD 0.12%T-MOBILE US INC 0.12%PETROLEOS MEXICA 6/27/2044 0.12%GCCFC COMMERCIAL MORTGAGE T 3/10/2039 0.12%BP PLC 0.11%UNICREDIT SPA 0.11%ADECCO SA-REG 0.11%JONES LANG LASALLE INC 0.11%MITSUBISHI CORP 0.11%IMPERIAL TOBACCO GROUP PLC 0.11%GENESEE & WYOMING INC-CL A 0.11%GLENCORE PLC 0.11%IDEX CORP 0.11%COMPAGNIE DE SAINT-GOBAIN 0.10%BRIDGESTONE CORP 0.10%MITSUBISHI UFJ FINANCIAL GR 0.10%RECKITT BENCKISER GROUP PLC 0.10%UNILEVER PLC 0.10%AEGON NV 0.10%Security% of PortfolioMANPOWERGROUP INC 0.10%YELP INC 0.10%CHICAGO IL 1/01/2044 0.10%ALLIANZ SE-REG 0.10%FANNIE MAE 8/01/2025 0.10%FRESENIUS SE & CO KGAA 0.10%SUMITOMO MITSUI FINANCIAL G 0.10%MONOLITHIC POWER SYSTEMS IN 0.10%SWEDBANK AB - A SHARES 0.10%CALIFORNIA ST 11/01/2040 0.10%DBS GROUP HOLDINGS LTD 0.10%SEMBCORP INDUSTRIES LTD 0.09%ASTRAZENECA PLC 0.09%DOUGLAS EMMETT INC 0.09%SOCIETE GENERALE SA 0.09%SERVICE CORP INTERNATIONAL 0.09%CORIO NV 0.09%SUMITOMO CORP 0.09%WESCO INTERNATIONAL INC 0.09%FIRSTMERIT CORP 0.09%CAVIUM INC 0.09%HEIDELBERGCEMENT AG 0.09%INNOSPEC INC 0.09%COMMONWEALTH BANK OF AUSTRA 0.09%FANNIE MAE 8/01/2028 0.09%ATMOS ENERGY CORP 0.09%STANDARD CHARTERED PLC 0.09%SAFRAN SA 0.09%MRC GLOBAL INC 0.09%PRUDENTIAL PLC 0.09%ALASKA AIR GROUP INC 0.09%WABCO HOLDINGS INC 0.09%DAIMLER AG-REGISTERED SHARE 0.09%CARLISLE COS INC 0.09%EDP-ENERGIAS DE PORTUGAL SA 0.08%COLFAX CORP 0.08%PORSCHE AUTOMOBIL HLDG-PFD 0.08%EAST WEST BANCORP INC 0.08%SWISS RE AG 0.08%JAPAN AIRLINES CO LTD 0.08%REGAL-BELOIT CORP 0.08%GDF SUEZ 0.08%OMRON CORP 0.08%BT GROUP PLC 0.08%ELECTRONICS FOR IMAGING 0.08%DCP MIDSTREAM 3/15/2020 0.08%NIPPON TELEGRAPH & TELEPHON 0.08%JARDEN CORP 0.08%FLOWSERVE CORP 0.08%CAIXABANK S.A 0.08%DIAMONDBACK ENERGY INC 0.08%AXIS CAPITAL HOLDINGS LTD 0.08%UNITED MEXICAN 1/21/2021 0.08%SOFTBANK CORP 0.08%AST Portfolio Holdings115 of 635

AST FI Pyramis ® Asset Allocation Portfolio (continued)Security% of PortfolioBARCLAYS PLC 0.08%TRW AUTOMOTIVE HOLDINGS COR 0.08%AT&T INC 8/15/2041 0.08%COMPASS MINERALS INTERNATIO 0.08%GENWORTH FINANCIAL INC-CL A 0.08%JPMORGAN CHASE 1/24/2022 0.08%EATON VANCE CORP 0.08%BNP PARIBAS 0.08%FOOT LOCKER INC 0.07%BOSTON PRIVATE FINL HOLDING 0.07%CIE FINANCIERE RICHEMON-REG 0.07%LIBERTY PROP LP 10/01/2020 0.07%PORTLAND GENERAL ELECTRIC C 0.07%ALLIANT ENERGY CORP 0.07%OMNICARE INC 0.07%ASTELLAS PHARMA INC 0.07%ST JAMES'S PLACE PLC 0.07%INDITEX 0.07%GOVERNMENT NATIONAL MORTGAG 11/15/2043 0.07%RIO TINTO LTD 0.07%HILLTOP HOLDINGS INC 0.07%SIEMENS AG-REG 0.07%ENDO HEALTH SOLUTIONS INC 0.07%GREAT PLAINS ENERGY INC 0.07%AVIVA PLC 0.07%WESTPAC BANKING CORP 0.07%AIR METHODS CORP 0.07%CUBIST PHARMACEUTICALS INC 0.07%EAGLE MATERIALS INC 0.07%FLEXTRONICS INTL LTD 0.07%RICOH CO LTD 0.07%AMC NETWORKS INC-A 0.07%WYNDHAM WORLDWIDE CORP 0.07%AP MOELLER-MAERSK A/S-B 0.07%FORUM ENERGY TECHNOLOGIES I 0.07%KBC GROEP NV 0.07%SINGAPORE TELECOMMUNICATION 0.07%DRIL-QUIP INC 0.07%ASALEO CARE LTD 0.07%PTC INC 0.07%BRUNSWICK CORP 0.07%GENPACT LTD 0.07%TEXAS ROADHOUSE INC 0.07%LAREDO PETROLEUM INC 0.07%JAPAN TOBACCO INC 0.07%PENN REAL ESTATE INVEST TST 0.07%BANQUE CANTONALE VAUDOIS-RE 0.07%ENI SPA 0.07%DNB ASA 0.07%ORANGE 0.06%SPRINGLEAF HOLDINGS INC 0.06%RWE AG 0.06%SCHNEIDER ELECTRIC SE 0.06%E*TRADE FINANCIAL CORP 0.06%Security% of PortfolioHENNES & MAURITZ AB-B SHS 0.06%SHIRE PLC 0.06%DIAGEO PLC 0.06%YUE YUEN INDUSTRIAL HLDG 0.06%VERIZON COMM INC 3/15/2021 0.06%ASSA ABLOY AB-B 0.06%TRANSOCEAN LTD 0.06%TUPPERWARE BRANDS CORP 0.06%MITSUBISHI ELECTRIC CORP 0.06%ULTRATECH INC 0.06%NOMURA HOLDINGS INC 0.06%UNIT CORP 0.06%KOMATSU LTD 0.06%ESSEX PROPERTY TRUST INC 0.06%ARKEMA 0.06%SABMILLER PLC 0.06%CONTINENTAL AG 0.06%LATTICE SEMICONDUCTOR CORP 0.06%WACHOVIA BANK COMMERCIAL MO 4/15/2047 0.06%MARTIN MARIETTA MATERIALS 0.06%REDWOOD TRUST INC 0.06%TRAVIS PERKINS PLC 0.06%INTERACTIVE BROKERS GRO-CL 0.06%MORGAN STANLEY 1/25/2021 0.06%CLP HOLDINGS LTD 0.06%PCCW LTD 0.06%STANCORP FINANCIAL GROUP 0.06%REYNOLDS AMERICA 11/01/2042 0.06%GOLDMAN SACHS GP 9/15/2017 0.06%PETROLEOS MEXICA 6/02/2041 0.06%L'OREAL 0.06%PACIFIC LIFECORP 2/10/2020 0.06%TEVA PHARMACEUTICAL-SP ADR 0.06%AIR NEW ZEALAND LTD 0.06%WPP PLC 0.06%BHP BILLITON PLC 0.06%DICK'S SPORTING GOODS INC 0.06%AMBARELLA INC 0.06%ROCKWOOD HOLDINGS INC 0.06%BANCO BILBAO VIZCAYA ARGENT 0.06%GE COMMERCIAL MORTGAGE CORP 12/10/2049 0.06%ERP OPERATING-LP 12/15/2021 0.06%FANNIE MAE 1/01/2043 0.06%RANDGOLD RESOURCES LTD 0.06%DRAX GROUP PLC 0.05%GALP ENERGIA SGPS SA 0.05%TELIASONERA AB 0.05%KONINKLIJKE KPN NV 0.05%PETROBRAS 3/17/2044 0.05%EUROBANK ERGASIAS SA 0.05%BRITISH LAND CO PLC 0.05%ITV PLC 0.05%NITORI HOLDINGS CO LTD 0.05%INVESTORS BANCORP INC 0.05%AST Portfolio Holdings116 of 635

AST FI Pyramis ® Asset Allocation Portfolio (continued)Security% of PortfolioWEST JAPAN RAILWAY CO 0.05%SEKISUI HOUSE LTD 0.05%JPMORGAN CHASE 9/23/2022 0.05%ROLLS-ROYCE HOLDINGS PLC 0.05%JFE HOLDINGS INC 0.05%HANGER INC 0.05%HOUGHTON MIFFLIN HARCOURT C 0.05%BRUKER CORP 0.05%DAH SING FINANCIAL HOLDINGS 0.05%REPSOL SA 0.05%WILLIAMS COS INC 6/24/2024 0.05%FANNIE MAE 8/01/2027 0.05%AUST AND NZ BANKING GROUP 0.05%HANMI FINANCIAL CORPORATION 0.05%VEOLIA ENVIRONNEMENT 0.05%RED ELECTRICA CORPORACION S 0.05%KDDI CORP 0.05%LIFESTYLE INTL HLDGS LTD 0.05%HITACHI METALS LTD 0.05%CAPITA PLC 0.05%TALMER BANCORP INC - 144A 0.05%AXA SA 0.05%ILIAD SA 0.05%ESSENT GROUP LTD 0.05%HOME PROPERTIES INC 0.05%WINCOR NIXDORF AG 0.05%NOKIA OYJ 0.05%WYNN MACAU LTD 0.05%NATIXIS 0.05%GOLDMAN SACHS GP 1/24/2022 0.05%FREDDIE MAC 8/01/2042 0.05%FANNIE MAE 9/01/2041 0.05%BANK OF AMER CRP 1/05/2021 0.05%REXEL SA 0.05%ENERGIZER HOLDINGS INC 0.05%CITIGROUP INC 5/06/2044 0.05%ASAHI KASEI CORP 0.05%MORGAN STANLEY CAPITAL I TR 4/15/2049 0.05%MORGAN STANLEY 7/23/2019 0.05%EXLSERVICE HOLDINGS INC 0.05%GOLDMAN SACHS GP 1/31/2019 0.05%TIME WARNER CABL 4/01/2019 0.05%MITSUBISHI TANABE PHARMA 0.05%ROVI CORP 0.05%GOVERNMENT NATIONAL MORTGAG 1/20/2044 0.05%RENTOKIL INITIAL PLC 0.05%KONINKLIJKE PHILIPS NV 0.05%KAWASAKI HEAVY INDUSTRIES 0.04%AUXILIUM PHARMACEUTICALS IN 0.04%WESTERN REFINING INC 0.04%BALFOUR BEATTY PLC 0.04%DILLARDS INC-CL A 0.04%ACCOR SA 0.04%EQUITY ONE INC 11/15/2022 0.04%Security% of PortfolioEXPRESS SCRIPTS 11/15/2021 0.04%JETBLUE AIRWAYS CORP 0.04%FANNIE MAE 5/01/2042 0.04%MURATA MANUFACTURING CO LTD 0.04%MORGAN STANLEY 4/25/2018 0.04%SKYCITY ENTERTAINMENT GROUP 0.04%SWISSCOM AG-REG 0.04%SEIKO EPSON CORP 0.04%TOKIO MARINE HOLDINGS INC 0.04%HILTON USA TRUST 11/05/2030 0.04%SWEDISH ORPHAN BIOVITRUM AB 0.04%ROCK TENN COMPANY -CL A 0.04%HKT TRUST AND HKT LTD-SS 0.04%SKY DEUTSCHLAND AG 0.04%WP CAREY INC 4/01/2024 0.04%GN STORE NORD A/S 0.04%LEGRAND SA 0.04%FREEPORT-MC C&G 3/15/2023 0.04%AISIN SEIKI CO LTD 0.04%MISUMI GROUP INC 0.04%CORNERSTONE ONDEMAND INC 0.04%BHP BILLITON LTD 0.04%VIACOM INC 9/01/2023 0.04%HUTCHISON WHAMPOA LTD 0.04%BANK OF AMER CRP 12/01/2017 0.04%PETROBRAS INTL 1/27/2021 0.04%CALIFORNIA ST 10/01/2039 0.04%NIDEC CORP 0.04%DOW CHEMICAL CO 2/15/2016 0.04%APERAM 0.04%TIDEWATER INC 0.04%CHEUNG KONG HOLDINGS LTD 0.04%SUMITOMO REALTY & DEVELOPME 0.04%RAMSAY HEALTH CARE LTD 0.04%CHINA SOUTHERN AIRLINES CO- 0.04%FUJI MEDIA HOLDINGS INC 0.04%RENAULT SA 0.04%DAIRY CREST GROUP PLC 0.04%WHITEWAVE FOODS CO 0.04%FANNIE MAE 11/01/2043 0.04%DCP MIDSTREAM 9/30/2021 0.04%NOVO NORDISK A/S-B 0.04%UCB SA 0.04%JP MORGAN CHASE COMMERCIAL 6/12/2047 0.04%MACQUARIE GROUP LTD 0.04%SEVEN & I HOLDINGS CO LTD 0.04%HEALTHCARE TRUST 7/15/2021 0.04%FANNIE MAE 2/01/2041 0.04%HOKKAIDO ELECTRIC POWER CO 0.04%WACHOVIA BANK COMMERCIAL MO 2/15/2051 0.03%CITIGROUP COMMERCIAL MORTGA 12/10/2049 0.03%PETROLEOS MEXICA 1/23/2045 0.03%FANNIE MAE 11/01/2040 0.03%LANXESS AG 0.03%AST Portfolio Holdings117 of 635

AST FI Pyramis ® Asset Allocation Portfolio (continued)Security% of PortfolioLB-UBS COMMERCIAL MORTGAGE 2/15/2040 0.03%HARTFORD FINL 10/15/2017 0.03%KINGFISHER PLC 0.03%SIMON PROP GP LP 12/01/2021 0.03%SALLY BEAUTY HOLDINGS INC 0.03%FANNIE MAE 10/01/2042 0.03%INTERNATIONAL CONSOLIDATED 0.03%CONAGRA INC 1/25/2023 0.03%NCR CORPORATION 0.03%CD COMMERCIAL MORTGAGE TRUS 10/15/2048 0.03%DISCOVER BANK 4/15/2020 0.03%DOMINION RES 9/30/2066 0.03%NBCUNIVERSAL MED 4/01/2021 0.03%BEAR STEARNS COMMERCIAL MOR 2/11/2044 0.03%METLIFE INC 2/08/2021 0.03%PLAINS ALL AMER 6/01/2022 0.03%NISOURCE FIN CP 2/15/2044 0.03%PARTNERS GROUP HOLDING AG 0.03%CAPITAL ONE NA 7/23/2021 0.03%NIPPON SHOKUBAI CO LTD 0.03%LIBERTY PROP LP 6/15/2023 0.03%PUGET ENERGY INC 9/01/2021 0.03%BANK OF AMER CRP 1/11/2023 0.03%FANNIE MAE 9/01/2042 0.03%ERP OPERATING-LP 4/15/2023 0.03%GOVERNMENT NATIONAL MORTGAG 2/20/2044 0.03%FIRSTENERGY SOLU 8/15/2021 0.03%MAZDA MOTOR CORP 0.03%COOPER TIRE & RUBBER 0.03%FANNIE MAE 1/01/2043 0.03%FANNIE MAE 11/01/2043 0.03%WOODSIDE PETROLEUM LTD 0.03%M&I MARS & ISL 1/17/2017 0.03%MULTI-COLOR CORP 0.03%FANNIE MAE 9/01/2043 0.03%KEYENCE CORP 0.03%MACK-CALI REALTY 4/18/2022 0.03%HOMEAWAY INC 0.03%BP CAPITAL PLC 11/01/2016 0.03%REYNOLDS AMERICA 11/01/2022 0.03%DARLING INGREDIENTS INC 0.03%SANTEN PHARMACEUTICAL CO LT 0.03%MORGAN STANLEY 11/01/2022 0.03%NATURAL GROCERS BY VITAMIN 0.03%CSL LTD 0.03%NGK SPARK PLUG CO LTD 0.03%DAIKIN INDUSTRIES LTD 0.03%UNUM GROUP 9/15/2020 0.03%ROYAL BK SCOTLND 12/15/2022 0.03%TIME WARNER CABL 9/01/2041 0.03%INVENSENSE INC 0.03%FUJI HEAVY INDUSTRIES LTD 0.03%ROYAL BK SCOTLND 6/10/2023 0.03%GOVERNMENT NATIONAL MORTGAG 11/20/2040 0.03%Security% of PortfolioB/E AEROSPACE INC 0.03%TELEFONICA SA 0.03%FANNIE MAE 8/01/2043 0.03%BOSTON PROP LP 2/01/2023 0.03%GOLDMAN SACHS GP 7/19/2018 0.03%TIME WARNER CABL 9/01/2021 0.03%FANNIE MAE 12/01/2035 0.03%DISCOVER BANK 8/08/2023 0.03%COMMERZBANK AG 0.03%ANGLO AMERICAN 4/15/2021 0.02%GEN ELEC CAP CRP 1/07/2021 0.02%TRANSURBAN GROUP 0.02%NIHON KOHDEN CORP 0.02%ARRIS GROUP INC 0.02%PROGRESS ENERGY 1/15/2021 0.02%REYNOLDS AMERICA 6/15/2037 0.02%SANDS CHINA LTD 0.02%DEVELOPERS DIVER 4/15/2018 0.02%ZOETIS INC 2/01/2023 0.02%FIRSTENERGY CORP 3/15/2018 0.02%FREDDIE MAC 7/01/2043 0.02%UNITED OVERSEAS BANK LTD 0.02%REYNOLDS AMERICA 6/15/2017 0.02%WESFARMERS LTD 0.02%FREDDIE MAC 4/01/2042 0.02%NSK LTD 0.02%MABUCHI MOTOR CO LTD 0.02%SABMILLER HLD IN 1/15/2022 0.02%INMARSAT PLC 0.02%HONDA MOTOR CO LTD 0.02%FIRSTENERGY CORP 3/15/2023 0.02%KAO CORP 0.02%GOVERNMENT NATIONAL MORTGAG 9/20/2042 0.02%GOLDMAN SACHS GP 10/01/2037 0.02%GOVERNMENT NATIONAL MORTGAG 3/15/2041 0.02%REGIONS BK ALAB 5/15/2018 0.02%DCP MIDSTREAM OP 4/01/2044 0.02%FANNIE MAE 12/01/2043 0.02%LEND LEASE GROUP 0.02%PETRA DIAMONDS LTD 0.02%DAICEL CORP 0.02%FAST RETAILING CO LTD 0.02%RYMAN HEALTHCARE LTD 0.02%GOVERNMENT NATIONAL MORTGAG 7/20/2041 0.02%FANNIE MAE 8/01/2036 0.02%DON QUIJOTE HOLDINGS CO LTD 0.02%SUZUKI MOTOR CORP 0.02%CODELCO INC 10/18/2043 0.02%HAMAMATSU PHOTONICS KK 0.02%FIRSTENERGY CORP 11/15/2031 0.02%FANNIE MAE 2/01/2041 0.02%ALTRIA GROUP INC 1/31/2044 0.02%AVALONBAY COMMUN 12/15/2023 0.02%JPMORGAN CHASE 8/15/2021 0.02%AST Portfolio Holdings118 of 635

AST FI Pyramis ® Asset Allocation Portfolio (continued)Security% of PortfolioAMCOR LIMITED 0.02%FANNIE MAE 4/01/2043 0.02%DUQUESNE LIGHT 9/15/2020 0.02%FANNIE MAE 1/01/2044 0.02%JAMES HARDIE INDUSTRIES-CDI 0.02%INPEX CORP 0.02%FANNIE MAE 8/01/2037 0.02%REGIONS BK ALAB 6/26/2037 0.02%GOVERNMENT NATIONAL MORTGAG 4/20/2041 0.02%BIOMED REALTY LP 4/15/2020 0.02%DOW CHEMICAL CO 11/15/2021 0.02%BANK OF AMER CRP 1/24/2022 0.02%BRAZIL REP OF 1/07/2025 0.02%TAIYO YUDEN CO LTD 0.02%MORGAN STANLEY 2/25/2023 0.02%BANCO NAC DESENV 9/26/2016 0.02%TIME WARNER INC 10/15/2041 0.02%FREDDIE MAC 10/01/2041 0.02%GOVERNMENT NATIONAL MORTGAG 6/15/2035 0.02%SUNCORP GROUP LTD 0.02%PACIFIC LIFECORP 1/30/2043 0.02%REGIONS FINL 5/15/2018 0.02%FREDDIE MAC 11/01/2035 0.02%MACK-CALI REALTY LP 5/15/2023 0.02%BANCO NAC DESENV 9/26/2023 0.02%FANNIE MAE 8/01/2036 0.02%AMER INTL GROUP 10/18/2016 0.02%JPMORGAN CHASE 1/28/2019 0.02%GOVERNMENT NATIONAL MORTGAG 10/15/2040 0.02%GOVERNMENT NATIONAL MORTGAG 6/15/2040 0.02%ILLINOIS ST 3/01/2019 0.02%IHI CORP 0.02%RBS CIT FIN GRP 9/28/2022 0.02%NGK INSULATORS LTD 0.02%ENBRIDGE ENERGY 9/15/2021 0.02%GS MORTGAGE SECURITIES TRUS 11/10/2039 0.02%CAMDEN PROP TRST 1/15/2024 0.02%BANC OF AMERICA COMMERCIAL 1/15/2049 0.02%MAKITA CORP 0.02%WESTERN GAS 6/01/2021 0.02%ASAHI GROUP HOLDINGS LTD 0.02%PINNACLE FOODS INC 0.02%SUMITOMO RUBBER INDUSTRIES 0.02%METLIFE INC 9/15/2023 0.02%FANNIE MAE 12/01/2040 0.02%CITIGROUP INC 5/19/2015 0.02%WELLPOINT INC 1/15/2023 0.02%JP MORGAN CHASE COMMERCIAL 1/15/2049 0.02%JP MORGAN CHASE COMMERCIAL 12/12/2043 0.02%BANCO NAC DESENV 4/14/2019 0.02%HARTFORD FINL 4/15/2022 0.02%GOVERNMENT NATIONAL MORTGAG 9/20/2042 0.02%GOVERNMENT NATIONAL MORTGAG 11/20/2043 0.02%TIME WARNER INC 6/15/2042 0.02%Security% of PortfolioPETROBRAS 5/20/2043 0.02%FANNIE MAE 1/01/2023 0.02%CVS CAREMARK 12/05/2023 0.02%ROYAL BK SCOTLND 5/28/2024 0.02%BRAMBLES LTD 0.02%ILLINOIS ST 4/01/2035 0.02%REA GROUP LTD 0.02%MITSUBISHI UFJ LEASE & FINA 0.02%WELLS FARGO CO 2/13/2023 0.02%SHIP HEALTHCARE HOLDINGS IN 0.02%SUNESIS PHARMACEUTICALS INC 0.02%HITACHI CAPITAL CORP 0.02%FREDDIE MAC 4/01/2042 0.02%ERP OPERATING LP 1.25% 7/01/2019 0.02%WILLIAMS PARTNER 3/04/2024 0.02%SPECTRA ENERGY C 3/15/2023 0.02%APA GROUP 0.02%FANNIE MAE 8/01/2043 0.01%GOVERNMENT NATIONAL MORTGAG 4/15/2040 0.01%JPMORGAN CHASE 7/05/2016 0.01%CALIFORNIA ST 4/01/2034 0.01%SURUGA BANK LTD 0.01%ILLINOIS ST 6/01/2033 0.01%CALBEE INC 0.01%FANNIE MAE 2/01/2034 0.01%CREDIT SUISSE MORTGAGE TRUS 9/15/2039 0.01%MELCO INTERNATIONAL DEVELOP 0.01%ESSEX PORTFOLIO 5/01/2024 0.01%FANNIE MAE 1/01/2044 0.01%COMCAST CORP 5/15/2018 0.01%FREDDIE MAC 9/01/2041 0.01%ILLINOIS ST 12/01/2016 0.01%ABBVIE INC 11/06/2017 0.01%FANNIE MAE 11/01/2043 0.01%FREDDIE MAC 8/01/2040 0.01%LB COMMERCIAL CONDUIT MORTG 7/15/2044 0.01%SYDNEY AIRPORT 0.01%ML-CFC COMMERCIAL MORTGAGE 3/12/2051 0.01%FANNIE MAE 3/01/2042 0.01%HIGHWOODS REALTY 6/15/2021 0.01%FREDDIE MAC 5/01/2039 0.01%BRANDYWINE OPER 2/15/2023 0.01%INGERSOLL-RND GL 6/15/2023 0.01%MIDCONTINENT EXP 9/15/2014 0.01%FANNIE MAE 11/01/2042 0.01%FANNIE MAE 1/01/2043 0.01%GOVERNMENT NATIONAL MORTGAG 12/20/2043 0.01%DUKE REALTY 10/15/2022 0.01%PEPCO HOLDINGS 10/01/2015 0.01%FANNIE MAE 7/01/2044 0.01%CRED SUIS NY 2/15/2018 0.01%GOLDMAN SACHS GP 1/18/2018 0.01%FANNIE MAE 12/01/2043 0.01%GOVERNMENT NATIONAL MORTGAG 1/20/2044 0.01%AST Portfolio Holdings119 of 635

AST FI Pyramis ® Asset Allocation Portfolio (continued)Security% of PortfolioBARCLAYS BK PLC 2/20/2019 0.01%BRANDYWINE OPER 4/15/2018 0.01%GOLDMAN SACHS GP 4/01/2018 0.01%DUQUESNE LIGHT 12/01/2021 0.01%SPECTRA ENERGY 3/01/2020 0.01%TANGER PROP L.P. 6/01/2020 0.01%GOVERNMENT NATIONAL MORTGAG 10/15/2041 0.01%BANC OF AMERICA COMMERCIAL 7/10/2044 0.01%NISOURCE FIN CP 6/15/2041 0.01%OBIC CO LTD 0.01%ILLINOIS ST 12/01/2019 0.01%FANNIE MAE 3/01/2043 0.01%HOSHIZAKI ELECTRIC CO LTD 0.01%NISOURCE FIN CP 2/15/2043 0.01%GOVERNMENT NATIONAL MORTGAG 10/15/2041 0.01%TIME WARNER INC 3/15/2040 0.01%MARATHON PETRO 3/01/2021 0.01%SEMPRA ENERGY 4/01/2017 0.01%ALTRIA GROUP INC 1/31/2024 0.01%JPMORGAN CHASE 5/10/2021 0.01%LIBERTY MUTUAL 6/01/2021 0.01%JPMORGAN CHASE 10/15/2020 0.01%ILLINOIS ST 3/01/2018 0.01%AIRBUS GROUP NV 0.01%AT&T INC 1/15/2038 0.01%FANNIE MAE 2/01/2043 0.01%FANNIE MAE 6/01/2043 0.01%FANNIE MAE 11/01/2035 0.01%BP CAPITAL PLC 10/01/2020 0.01%FANNIE MAE 7/01/2040 0.01%JPMORGAN CHASE 4/23/2019 0.01%BARRICK GOLD COR 4/01/2022 0.01%AMERICAN INTL GRP 2.3% 7/16/2019 0.01%GOVERNMENT NATIONAL MORTGAG 9/20/2043 0.01%CITIGROUP INC 6/15/2016 0.01%HSBC HOLDINGS 3/14/2024 0.01%NISOURCE FIN CP 12/01/2021 0.01%GOVERNMENT NATIONAL MORTGAG 9/15/2040 0.01%TIME WARNER CABL 7/01/2018 0.01%BANK OF AMERICA 3/15/2017 0.01%FREDDIE MAC 10/01/2041 0.01%ONO PHARMACEUTICAL CO LTD 0.01%FREDDIE MAC 6/01/2024 0.01%PHILLIPS 66 4/01/2022 0.01%DISCOVER FIN SVS 4/27/2022 0.01%ING BANK NV 9/25/2023 0.01%SBI HOLDINGS INC 0.01%EMBARQ CORP 6/01/2016 0.01%FANNIE MAE 3/01/2043 0.01%PPL CAPITAL FDG 6/01/2023 0.01%PUGET ENERGY INC 12/15/2020 0.01%SEEK LTD 0.01%FIFTH THIRD BANC 6/01/2018 0.01%ILLINOIS ST 2/01/2035 0.01%Security% of PortfolioGEN ELEC CAP CRP 10/17/2021 0.01%FREDDIE MAC 6/01/2040 0.01%LIBERTY MUTUAL 3/15/2035 0.01%GOVERNMENT NATIONAL MORTGAG 5/20/2041 0.01%TELECOM CORP OF NEW ZEALAND 0.01%MACK-CALI REALTY 12/15/2017 0.01%MEDCO HEALTH SOL 9/15/2020 0.01%CODELCO INC 8/13/2023 0.01%ALTRIA GROUP INC 8/09/2022 0.01%FREDDIE MAC 3/01/2044 0.01%FANNIE MAE 5/01/2042 0.01%BANK OF AMER CRP 3/22/2017 0.01%GOVERNMENT NATIONAL MORTGAG 6/20/2041 0.01%LIXIL GROUP CORP 0.01%TENCENT HOLDINGS LTD 0.01%FREDDIE MAC 6/01/2039 0.01%JPMORGAN CHASE 3/25/2020 0.01%FANNIE MAE 2/01/2038 0.01%FANNIE MAE 4/01/2042 0.01%GOVERNMENT NATIONAL MORTGAG 6/15/2040 0.01%BIOMED REALTY LP 4/15/2016 0.01%FANNIE MAE 2/01/2043 0.01%FREDDIE MAC 1/01/2026 0.01%FREDDIE MAC 2/01/2043 0.01%BRANDYWINE OPER 5/01/2017 0.01%FANNIE MAE 5/01/2043 0.01%FREDDIE MAC 10/01/2042 0.01%TIME WARNER CABL 11/15/2040 0.01%CITIGROUP INC 5/15/2018 0.01%GS MORTGAGE SECURITIES TRUS 11/10/2039 0.01%NEWS AMER INC 3/01/2037 0.01%FREDDIE MAC 7/01/2024 0.01%FANUC CORP 0.01%GS YUASA CORP 0.01%TANGER PROP LP 12/01/2023 0.01%FREDDIE MAC 1/01/2043 0.01%FREDDIE MAC 3/01/2043 0.01%DDR CORP 7/15/2022 0.01%AVALONBAY COMMUN 10/01/2020 0.01%FANNIE MAE 8/01/2043 0.01%FREDDIE MAC 3/01/2044 0.01%FREDDIE MAC 9/01/2039 0.01%HSBC HOLDINGS 3/14/2044 0.01%REYNOLDS AMERICA 9/15/2043 0.01%SHENZHOU INTERNATIONAL GROU 0.01%NORTHWESTERN MUT 3/30/2040 0.01%HYUNDAI CAP AMER 8/09/2018 0.01%HEINEKEN NV 4/01/2023 0.01%FANNIE MAE 9/01/2034 0.01%FANNIE MAE 1/01/2034 0.01%LEXINGTON REALTY 6/15/2024 0.01%ALTRIA GROUP INC 11/10/2018 0.01%MET LIFE GLOB 1/10/2023 0.01%CITIGROUP INC 9/13/2025 0.01%AST Portfolio Holdings120 of 635

AST FI Pyramis ® Asset Allocation Portfolio (continued)Security% of PortfolioFREDDIE MAC 8/01/2040 0.01%FREDDIE MAC 3/01/2044 0.01%ML-CFC COMMERCIAL MORTGAGE 12/12/2049 0.01%DUKE REALTY 4/15/2023 0.01%AFFIL MANAGERS 2/15/2024 0.01%GOVERNMENT NATIONAL MORTGAG 8/15/2040 0.01%FREDDIE MAC 3/01/2044 0.01%HUNTINGTON BANCS 12/15/2020 0.01%KAKAKU.COM INC 0.01%ALTRIA GROUP INC 8/06/2019 0.01%MORGAN STANLEY 5/22/2023 0.01%BIOMED REALTY LP 5/01/2019 0.01%ENABLE MIDSTRM 5/15/2024 0.01%MORGAN STANLEY 4/01/2018 0.01%DIRECTV HLDGS/FN 10/01/2019 0.01%AON CORP 9/30/2020 0.01%AUCKLAND INTL AIRPORT LTD 0.01%FREDDIE MAC 9/01/2025 0.01%FREDDIE MAC 3/01/2034 0.01%FANNIE MAE 4/01/2042 0.01%CENTURYLINK INC 9/15/2019 0.01%FANNIE MAE 7/01/2032 0.01%ENABLE MIDSTRM 5/15/2019 0.01%COUNTRYWIDE ASSET-BACKED CE 1/25/2035 0.01%OMEGA HEALTHCARE 4/01/2024 0.01%DUKE REALTY 6/15/2022 0.01%WILLIAMS COS INC 1/15/2023 0.01%ASICS CORP 0.01%FREDDIE MAC 2/01/2041 0.01%CALIFORNIA ST 3/01/2040 0.01%WALGREEN CO 9/15/2017 0.01%CITIGROUP INC 7/30/2022 0.01%AIA GROUP 3/11/2019 0.01%DCP MIDSTREAM OP 12/01/2017 0.01%FREDDIE MAC 9/01/2041 0.01%FANNIE MAE 8/01/2043 0.01%AMER INTL GROUP 6/01/2022 0.01%FANNIE MAE 5/01/2043 0.01%PAC LIFE INSUR 6/15/2039 0.01%FANNIE MAE 1/01/2034 0.01%CODELCO INC 7/17/2042 0.01%NISOURCE FIN CP 2/01/2042 0.01%HYUNDAI CAPITAL 10/02/2017 0.01%HEALTH CARE REIT 3/15/2018 0.01%VENTAS REALTY LP 4/30/2019 0.01%SAMSONITE INTERNATIONAL SA 0.01%TIME WARNER CABL 5/01/2017 0.01%THERMO FISHER 2/01/2024 0.01%LIBERTY PROP LP 6/15/2022 0.01%REGENCY CENTERS 8/01/2015 0.01%BANK OF AMER CRP 5/01/2018 0.01%FREDDIE MAC 10/01/2042 0.01%WATSON PHARM INC 10/01/2017 0.01%MORGAN STANLEY 11/24/2025 0.01%Security% of PortfolioILLINOIS ST 7/01/2035 0.01%FANNIE MAE 2/01/2042 0.01%LINK REIT 0.01%HYUNDAI CAPITAL 10/02/2015 0.01%G8 EDUCATION LTD 0.01%TOSHIBA PLANT SYSTEMS & SER 0.01%SUNDRUG CO LTD 0.01%FANNIE MAE 11/01/2026 0.01%DEVELOPERS DIVER 3/15/2016 0.01%BIOMED REALTY LP 7/15/2022 0.01%AMER ELEC PWR 12/15/2022 < 0.01%MARUICHI STEEL TUBE LTD < 0.01%ALEXANDRIA REAL 1/15/2020 < 0.01%FANNIE MAE 12/01/2041 < 0.01%CONAGRA INC 1/25/2018 < 0.01%AIG-CALL 9/15/2016 < 0.01%CAMDEN PROP TRST 12/15/2022 < 0.01%GOVERNMENT NATIONAL MORTGAG 5/20/2042 < 0.01%GOVERNMENT NATIONAL MORTGAG 7/15/2040 < 0.01%COX COMMUN INC 12/15/2022 < 0.01%FREDDIE MAC 7/01/2035 < 0.01%FANNIE MAE 8/01/2036 < 0.01%CHICAGO IL 1/01/2035 < 0.01%TRANSOCEAN INC 12/15/2016 < 0.01%NORTHEAST UTILS 5/01/2018 < 0.01%DCP MIDSTREAM OP 3/15/2023 < 0.01%HYUNDAI CAP AMER 8/09/2016 < 0.01%DIGITAL REALT LP 3/15/2021 < 0.01%TECHTRONIC INDUSTRIES CO < 0.01%HILTON USA TRUST 11/05/2030 < 0.01%GOVERNMENT NATIONAL MORTGAG 5/20/2043 < 0.01%AMER CAMPUS COMM 4/15/2023 < 0.01%EL PASO PIPELINE 10/01/2021 < 0.01%FREDDIE MAC 2/01/2044 < 0.01%FANNIE MAE 6/01/2043 < 0.01%GOLDMAN SACHS GP 7/27/2021 < 0.01%CALIFORNIA ST 11/01/2039 < 0.01%EMBARQ CORP 6/01/2036 < 0.01%DOW CHEMICAL CO 11/15/2020 < 0.01%FREDDIE MAC 4/01/2042 < 0.01%WHEELOCK & CO LTD < 0.01%GS MORTGAGE SECURITIES TRUS 1/10/2030 < 0.01%FANNIE MAE 1/01/2043 < 0.01%HONG KONG DOLLAR < 0.01%TYCO ELECTRONICS 12/17/2018 < 0.01%LENOVO GROUP LTD < 0.01%FANNIE MAE 9/01/2026 < 0.01%MID-AMER APT LP 10/15/2023 < 0.01%RETAIL OPPORTUNI 12/15/2023 < 0.01%FANNIE MAE 11/01/2041 < 0.01%FANNIE MAE 2/01/2043 < 0.01%SPECTRA ENERGY 6/15/2016 < 0.01%GOVERNMENT NATIONAL MORTGAG 7/15/2039 < 0.01%FANNIE MAE 7/01/2042 < 0.01%AST Portfolio Holdings121 of 635

AST FI Pyramis ® Asset Allocation Portfolio (continued)Security% of PortfolioACOM CO LTD < 0.01%FANNIE MAE 12/01/2041 < 0.01%FANNIE MAE 2/01/2043 < 0.01%FANNIE MAE 11/01/2041 < 0.01%SOUTH NA GAS/ISS 6/15/2021 < 0.01%MARSH & MCLENNAN 7/15/2021 < 0.01%FANNIE MAE 12/01/2040 < 0.01%SPECTRA PARTNERS 9/25/2018 < 0.01%ML-CFC COMMERCIAL MORTGAGE 6/12/2050 < 0.01%DIGITAL REALT LP 7/15/2015 < 0.01%GOVERNMENT NATIONAL MORTGAG 9/20/2040 < 0.01%GOVERNMENT NATIONAL MORTGAG 8/01/2043 < 0.01%CENTURYLINK INC 4/01/2017 < 0.01%GOVERNMENT NATIONAL MORTGAG 6/15/2041 < 0.01%ALEXANDRIA REAL 4/01/2022 < 0.01%GOVERNMENT NATIONAL MORTGAG 10/15/2039 < 0.01%FANNIE MAE 2/01/2043 < 0.01%EDISON INTL 9/15/2017 < 0.01%FANNIE MAE 2/01/2043 < 0.01%FANNIE MAE 5/01/2043 < 0.01%WEINGARTEN RLTY 10/15/2022 < 0.01%FANNIE MAE 6/01/2042 < 0.01%GOVERNMENT NATIONAL MORTGAG 9/15/2040 < 0.01%GOVERNMENT NATIONAL MORTGAG 8/15/2040 < 0.01%FREDDIE MAC 1/01/2043 < 0.01%FREDDIE MAC 11/01/2042 < 0.01%FANNIE MAE 7/01/2035 < 0.01%FANNIE MAE 1/01/2034 < 0.01%FANNIE MAE 8/01/2041 < 0.01%FANNIE MAE 10/01/2041 < 0.01%ILLINOIS ST 6/01/2018 < 0.01%GOVERNMENT NATIONAL MORTGAG 10/15/2041 < 0.01%HEALTH CARE REIT 9/15/2017 < 0.01%FANNIE MAE 2/01/2043 < 0.01%SPECTRA ENERGY 6/15/2021 < 0.01%GOVERNMENT NATIONAL MORTGAG 12/15/2039 < 0.01%FREDDIE MAC 4/01/2042 < 0.01%FANNIE MAE 12/01/2032 < 0.01%FREDDIE MAC 2/01/2043 < 0.01%FANNIE MAE 1/01/2037 < 0.01%POST APT HOMES 12/01/2022 < 0.01%FANNIE MAE 10/01/2041 < 0.01%VIACOM INC 9/01/2018 < 0.01%FANNIE MAE 11/01/2041 < 0.01%GOVERNMENT NATIONAL MORTGAG 6/15/2040 < 0.01%UNITEDHEALTH GRP 2/15/2023 < 0.01%DISCOVERY COMMUN 4/01/2023 < 0.01%FANNIE MAE 2/01/2043 < 0.01%FREDDIE MAC 4/01/2042 < 0.01%FREDDIE MAC 3/01/2042 < 0.01%FANNIE MAE 2/01/2042 < 0.01%DCP MIDSTREAM OP 4/01/2019 < 0.01%FANNIE MAE 5/01/2043 < 0.01%GOVERNMENT NATIONAL MORTGAG 8/15/2039 < 0.01%Security% of PortfolioINGERSOLL-RND GL 1/15/2019 < 0.01%FANNIE MAE 12/01/2041 < 0.01%GOVERNMENT NATIONAL MORTGAG 9/15/2040 < 0.01%BRANDYWINE OPER 5/15/2015 < 0.01%FREDDIE MAC 3/01/2044 < 0.01%FANNIE MAE 12/01/2023 < 0.01%FANNIE MAE 4/01/2043 < 0.01%GOVERNMENT NATIONAL MORTGAG 7/15/2040 < 0.01%WILLIAMS PARTNER 11/15/2020 < 0.01%FREDDIE MAC 4/01/2043 < 0.01%GOVERNMENT NATIONAL MORTGAG 6/15/2040 < 0.01%FREDDIE MAC 7/01/2040 < 0.01%FANNIE MAE 12/01/2042 < 0.01%FANNIE MAE 7/01/2042 < 0.01%GOVERNMENT NATIONAL MORTGAG 5/15/2039 < 0.01%FANNIE MAE 2/01/2043 < 0.01%FANNIE MAE 3/01/2042 < 0.01%FANNIE MAE 6/01/2042 < 0.01%FANNIE MAE 7/01/2032 < 0.01%GOVERNMENT NATIONAL MORTGAG 7/20/2042 < 0.01%FANNIE MAE 2/01/2042 < 0.01%HRPT PROPERTIES 11/01/2015 < 0.01%FANNIE MAE 2/01/2042 < 0.01%FREDDIE MAC 2/01/2043 < 0.01%FANNIE MAE 3/01/2042 < 0.01%PRIMPR-CALL 6/01/2015 < 0.01%EQUITY ONE INC 10/15/2015 < 0.01%FANNIE MAE 2/01/2042 < 0.01%CENTURYLINK INC 6/15/2017 < 0.01%FANNIE MAE 3/01/2042 < 0.01%FANNIE MAE 5/01/2042 < 0.01%FANNIE MAE 1/01/2034 < 0.01%FREDDIE MAC 2/01/2043 < 0.01%FANNIE MAE 7/01/2042 < 0.01%FANNIE MAE 6/01/2042 < 0.01%FREDDIE MAC 10/01/2042 < 0.01%FANNIE MAE 5/01/2043 < 0.01%FANNIE MAE 4/01/2043 < 0.01%FANNIE MAE 10/01/2042 < 0.01%GOVERNMENT NATIONAL MORTGAG 7/20/2042 < 0.01%FREDDIE MAC 9/01/2042 < 0.01%FANNIE MAE 2/01/2043 < 0.01%FANNIE MAE 7/01/2042 < 0.01%FANNIE MAE 2/01/2043 < 0.01%ILLINOIS ST 3/01/2017 < 0.01%AUSTRALIAN DOLLAR < 0.01%NEW ZEALAND DOLLAR < 0.01%S SPOT EUR 8/01/2014 < 0.01%S SPOT EUR 8/01/2014 < 0.01%S SPOT JPY 1 8/04/2014 < 0.01%FANNIE MAE 8/01/2042 < 0.01%FANNIE MAE 8/01/2043 < 0.01%FANNIE MAE 8/01/2042 < 0.01%S SPOT HK 8/04/2014 < 0.01%AST Portfolio Holdings122 of 635

AST FI Pyramis ® Asset Allocation Portfolio (continued)Security% of PortfolioS SPOT EUR 8/04/2014 < 0.01%L SPOT JPY 1 8/01/2014 < 0.01%UK POUND STERLING < 0.01%EUROPEAN CURRENCY < 0.01%FREDDIE MAC 9/01/2042 -0.05%123 of 635AST Portfolio Holdings

AST FI Pyramis ® Quantitative PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 8.55%MFSU4 MINI ESCI EAFE 9/24/2014 3.06%ESU4 S&P 500 EMINI FUT 9/24/2014 2.75%US TREASURY N/B 1/15/2017 0.97%FANNIE MAE 9/12/2019 0.81%US TREASURY N/B 6/30/2019 0.77%APPLE INC 0.74%FANNIE MAE 11/01/2043 0.51%US TREASURY N/B 6/15/2017 0.49%ROCHE HOLDING AG-GENUSSCHEI 0.48%WI TREASURY SEC. 5/15/2017 0.48%FANNIE MAE 8/01/2044 0.45%VERIZON COMMUNICATIONS INC 0.42%US TREASURY N/B 7/31/2015 0.42%CHEVRON CORP 0.41%FANNIE MAE 8/01/2043 0.40%ROYAL DUTCH SHELL PLC-A SHS 0.40%NESTLE SA-REG 0.39%GOVERNMENT NATIONAL MORTGAG 8/01/2044 0.38%TOTAL SA 0.37%US TREASURY N/B 3/31/2021 0.36%WELLS FARGO & CO 0.36%GILEAD SCIENCES INC 0.35%US TREASURY N/B 6/30/2016 0.34%MCKESSON CORP 0.34%CVS CAREMARK CORP 0.33%BRISTOL-MYERS SQUIBB CO 0.33%MERCK & CO. INC. 0.32%FANNIE MAE 9/01/2044 0.32%KROGER CO 0.30%EXXON MOBIL CORP 0.30%TOYOTA MOTOR CORP 0.29%US TREASURY N/B 6/30/2021 0.29%US TREASURY N/B 2/15/2044 0.29%BANK OF AMERICA CORP 0.28%HOME DEPOT INC 0.28%CITIGROUP INC 0.27%RIO TINTO PLC 0.27%BAYER AG-REG 0.27%BG GROUP PLC 0.27%COMCAST CORP-CLASS A 0.26%AUST AND NZ BANKING GROUP 0.26%JPMORGAN CHASE & CO 0.26%NOVARTIS AG-REG 0.26%ANHEUSER-BUSCH INBEV NV 0.25%FREDDIE MAC 11/01/2043 0.25%SBA COMMUNICATIONS CORP-CL 0.24%GOOGLE INC-CL A 0.24%CMS ENERGY CORP 0.24%GOOGLE INC-CL C 0.24%HEWLETT-PACKARD CO 0.24%US TREASURY N/B 5/15/2024 0.24%FREDDIE MAC 10/01/2043 0.23%ARCHER-DANIELS-MIDLAND CO 0.23%Security% of PortfolioMICROSOFT CORP 0.23%EMC CORP/MA 0.23%HALLIBURTON CO 0.23%BOEING CO/THE 0.23%US TREASURY BILLS .0325% 8/21/2014 0.22%FREDDIE MAC 8/01/2044 0.22%BERKSHIRE HATHAWAY INC-CL B 0.22%EDISON INTERNATIONAL 0.22%LOCKHEED MARTIN CORP 0.21%US TREASURY N/B 5/15/2044 0.21%US TREASURY N/B 1/31/2021 0.21%US TREASURY N/B 5/31/2018 0.20%BRITISH AMERICAN TOBACCO PL 0.20%EXPRESS SCRIPTS HOLDING CO 0.20%ASTELLAS PHARMA INC 0.20%RIO TINTO LTD 0.19%UBS AG-REG 0.19%UNILEVER NV-CVA 0.19%TJX COMPANIES INC 0.19%DELTA AIR LINES INC 0.19%ABBOTT LABORATORIES 0.19%MARATHON OIL CORP 0.19%LORILLARD INC 0.19%KDDI CORP 0.19%JAPAN TOBACCO INC 0.19%MONSTER BEVERAGE CORP 0.19%PRUDENTIAL PLC 0.19%MACY'S INC 0.19%WACHOVIA BANK COMMERCIAL MO 2/15/2051 0.18%AFLAC INC 0.18%US TREASURY N/B 2/15/2036 0.18%US TREASURY N/B 11/15/2043 0.18%LYONDELLBASELL INDU-CL A 0.18%WACHOVIA BANK COMMERCIAL MO 4/15/2047 0.18%WACHOVIA BANK COMMERCIAL MO 12/15/2043 0.18%METLIFE INC 0.18%JOHNSON & JOHNSON 0.18%ORACLE CORP 0.18%SEVEN & I HOLDINGS CO LTD 0.18%VOLKSWAGEN AG-PREF 0.18%IMPERIAL TOBACCO GROUP PLC 0.18%EOG RESOURCES INC 0.18%AGILENT TECHNOLOGIES INC 0.18%BALL CORP 0.18%ESTEE LAUDER COMPANIES-CL A 0.17%WOOLWORTHS LTD 0.17%US TREASURY N/B 12/31/2018 0.17%GDF SUEZ 0.17%STANDARD CHARTERED PLC 0.17%SANOFI 0.17%ASTRAZENECA PLC 0.17%KBC GROEP NV 0.17%LAM RESEARCH CORP 0.17%GCCFC COMMERCIAL MORTGAGE T 7/10/2038 0.17%AST Portfolio Holdings124 of 635

AST FI Pyramis ® Quantitative Portfolio (continued)Security% of PortfolioNORDEA BANK AB 0.17%ABBVIE INC 0.17%RECKITT BENCKISER GROUP PLC 0.17%UNILEVER PLC 0.17%WI TREASURY SEC. 5/31/2021 0.16%MITSUBISHI UFJ FINANCIAL GR 0.16%FANNIE MAE 9/01/2044 0.16%US TREASURY N/B 1/31/2016 0.16%TELSTRA CORP LTD 0.16%SWISSCOM AG-REG 0.16%GENERAL MOTORS CO 0.16%AIA GROUP LTD 0.16%GOVERNMENT NATIONAL MORTGAG 1/20/2064 0.16%NOVO NORDISK A/S-B 0.16%MASTERCARD INC-CLASS A 0.15%LLOYDS BANKING GROUP PLC 0.15%HONEYWELL INTERNATIONAL INC 0.15%REINSURANCE GROUP OF AMERIC 0.15%GOVERNMENT NATIONAL MORTGAG 8/01/2044 0.15%AMERICAN ELECTRIC POWER 0.15%US TREASURY N/B 7/15/2016 0.15%VERISK ANALYTICS INC-CLASS 0.14%UNITED TECHNOLOGIES CORP 0.14%INTERNATIONAL PAPER CO 0.14%DR PEPPER SNAPPLE GROUP INC 0.14%CATERPILLAR INC 0.14%FANNIE MAE 12/01/2038 0.14%COMMONWEALTH BANK OF AUSTRA 0.14%FANNIE MAE 9/01/2044 0.14%US TREASURY N/B 8/15/2016 0.14%FANNIE MAE 9/01/2044 0.14%HKT TRUST AND HKT LTD-SS 0.14%ITV PLC 0.14%CSL LTD 0.14%VODAFONE GROUP PLC 0.14%WACHOVIA BANK COMMERCIAL MO 11/15/2048 0.14%FANNIE MAE 11/15/2043 0.14%AMADEUS IT HOLDING SA-A SHS 0.14%US TREASURY N/B 6/30/2018 0.14%ASHLAND INC 0.13%AXA SA 0.13%US TREASURY N/B 12/31/2020 0.13%US TREASURY N/B 11/15/2023 0.13%DIAGEO PLC 0.13%JPMORGAN CHASE 1/28/2019 0.13%HENNES & MAURITZ AB-B SHS 0.13%US TREASURY N/B 7/31/2018 0.13%CAPITAL ONE FINANCIAL CORP 0.13%MORGAN STANLEY 0.13%PROCTER & GAMBLE CO/THE 0.13%UNITED OVERSEAS BANK LTD 0.12%ALLIANZ SE-REG 0.12%EQT CORP 0.12%ORIX CORP 0.12%Security% of PortfolioMITSUBISHI ELECTRIC CORP 0.12%CONAGRA FOODS INC 0.12%US TREASURY N/B 9/15/2016 0.12%HOYA CORP 0.12%WHIRLPOOL CORP 0.12%VERIZON COMM INC 9/15/2043 0.12%RANDGOLD RESOURCES LTD 0.12%INTESA SANPAOLO 0.12%TRAVELERS COS INC/THE 0.12%LB COMMERCIAL CONDUIT MORTG 7/15/2044 0.12%BNP PARIBAS 0.12%TYSON FOODS INC-CL A 0.12%SYNGENTA AG-REG 0.12%US TREASURY N/B 11/30/2020 0.12%UNITED PARCEL SERVICE-CL B 0.11%WACHOVIA BANK COMMERCIAL MO 10/15/2048 0.11%YUE YUEN INDUSTRIAL HLDG 0.11%SOFTBANK CORP 0.11%FANNIE MAE 11/01/2040 0.11%MIRACA HOLDINGS INC 0.11%EAST JAPAN RAILWAY CO 0.11%GEA GROUP AG 0.11%HLSS SERVICER ADVANCE RECEI 5/16/2044 0.11%PCCW LTD 0.11%SANTEN PHARMACEUTICAL CO LT 0.11%US TREASURY N/B 8/31/2015 0.11%SOUTHWEST AIRLINES CO 0.11%FANNIE MAE 8/01/2043 0.11%HCA HOLDINGS INC 0.11%SIMON PROPERTY GROUP INC 0.11%TE CONNECTIVITY LTD 0.11%IBERDROLA SA 0.11%BUNZL PLC 0.11%BAYERISCHE MOTOREN WERKE AG 0.11%JAMES HARDIE INDUSTRIES-CDI 0.11%FANNIE MAE 8/01/2042 0.10%CIE FINANCIERE RICHEMON-REG 0.10%MACQUARIE GROUP LTD 0.10%GRANITE MORTGAGES PLC. 7/20/2043 0.10%HIKMA PHARMACEUTICALS PLC 0.10%HITACHI LTD 0.10%TOYO SUISAN KAISHA LTD 0.10%US TREASURY N/B 2/28/2018 0.10%ALLERGAN INC 0.10%SABMILLER PLC 0.10%NITORI HOLDINGS CO LTD 0.10%MITSUI FUDOSAN CO LTD 0.10%FANNIE MAE 11/01/2042 0.10%SANDS CHINA LTD 0.10%THERMO FISHER SCIENTIFIC IN 0.10%RAKUTEN INC 0.10%ASPEN TECHNOLOGY INC 0.10%HYSAN DEVELOPMENT CO 0.10%COCA-COLA ENTERPRISES 0.10%AST Portfolio Holdings125 of 635

AST FI Pyramis ® Quantitative Portfolio (continued)Security% of PortfolioFINMECCANICA SPA 0.10%NOKIA OYJ 0.10%SINGAPORE TELECOMMUNICATION 0.10%PHILLIPS 66 0.10%RWE AG 0.10%INTL BUSINESS MACHINES CORP 0.09%WYNDHAM WORLDWIDE CORP 0.09%ING GROEP NV-CVA 0.09%WESTFIELD CORP 0.09%GOVERNMENT NATIONAL MORTGAG 8/20/2041 0.09%FANNIE MAE 11/01/2041 0.09%MANPOWERGROUP INC 0.09%FANNIE MAE 1/01/2044 0.09%FANNIE MAE 11/01/2043 0.09%TAYLOR WIMPEY PLC 0.09%US TBILL 9/18/2014 0.09%DANAHER CORP 0.09%GOVERNMENT NATIONAL MORTGAG 11/20/2040 0.09%US TREASURY N/B 8/31/2017 0.09%FRESENIUS SE & CO KGAA 0.09%CONTINENTAL AG 0.09%DOMINION RES 6/30/2066 0.09%GOLDMAN SACHS GP 1/31/2019 0.09%FANNIE MAE 4/01/2041 0.09%DISCOVER CARD EXECUTION NOT 8/15/2018 0.09%SAPUTO INC 0.09%CITIBANK CREDIT CARD ISSUAN 2/22/2019 0.09%BANK OF AMER CRP 1/15/2019 0.09%WISCONSIN ENERGY 5/15/2067 0.09%DOLLARAMA INC 0.09%TIME WARNER INC 0.09%ALIMENTATION COUCHE-TARD -B 0.09%LOBLAW COMPANIES LTD 0.09%BHP BILLITON PLC 0.09%HEIDELBERGCEMENT AG 0.09%TORONTO DOM BANK 10/19/2016 0.09%US TREASURY N/B 1/31/2018 0.09%BUNGE LTD 0.09%US TREASURY N/B 2/15/2038 0.09%NXP SEMICONDUCTORS NV 0.09%WESTON (GEORGE) LTD 0.08%BT GROUP PLC 0.08%KAKAKU.COM INC 0.08%ASSA ABLOY AB-B 0.08%BEZEQ THE ISRAELI TELECOM C 0.08%GENERAL ELECTRIC CO 0.08%KONINKLIJKE DSM NV 0.08%FREDDIE MAC 7/15/2039 0.08%EASTMAN CHEMICAL CO 0.08%PETSMART INC 0.08%EVEREST RE GROUP LTD 0.08%NEW BRUNSWICK 6/15/2018 0.08%HARRIS CORP 0.08%MORGAN STANLEY REREMIC TRUS 2/26/2037 0.08%Security% of PortfolioFHLMC MULTIFAMILY STRUCT 7/25/2023 0.08%AFFILIATED MANAGERS GROUP 0.08%STERICYCLE INC 0.08%COSTCO WHOLESALE CORP 0.08%BARCLAYS PLC 0.08%SAMPO OYJ-A SHS 0.08%FOOT LOCKER INC 0.08%ORIENTAL LAND CO LTD 0.08%STARBUCKS CORP 0.08%US TREASURY N/B 3/15/2016 0.08%TEVA PHARMACEUTICAL-SP ADR 0.08%ORANGE 0.08%HUNT (JB) TRANSPRT SVCS INC 0.08%NIKE INC -CL B 0.08%SAFRAN SA 0.08%AMERISOURCEBERGEN CORP 0.08%COMPAGNIE DE SAINT-GOBAIN 0.08%OSRAM LICHT AG 0.08%HSBC HOLDINGS PLC 0.08%HESS CORP 0.08%HONDA MOTOR CO LTD 0.08%CARREFOUR SA 0.08%ROLLS-ROYCE HOLDINGS PLC 0.08%COLONY AMERICAN HOMES 7/17/2031 0.08%AMERICAN CREDIT ACCEPTANCE 3/12/2018 0.08%TOTAL SYSTEM SERVICES INC 0.08%GOVERNMENT NATIONAL MORTGAG 1/20/2041 0.08%REYNOLDS AMERICAN INC 0.08%POWER ASSETS HOLDINGS LTD 0.08%NATIONAL GRID PLC 0.08%GLAXOSMITHKLINE PLC 0.08%VIACOM INC-CLASS B 0.08%MITSUBISHI TANABE PHARMA 0.08%AIRBUS GROUP NV 0.08%DUKE ENERGY CORP 0.08%FHLMC MULTIFAMILY STRUCT 5/25/2023 0.08%MONDELEZ INTERNATIONAL INC- 0.08%KERRY GROUP PLC-A 0.08%XCEL ENERGY INC 0.08%CARDINAL HEALTH INC 0.08%CAM MORTGAGE TRUST 5/15/2048 0.08%ACTAVIS PLC 0.08%SOCIETE GENERALE SA 0.08%NORTHROP GRUMMAN CORP 0.08%SVENSKA CELLULOSA AB SCA-B 0.08%FANNIE MAE 8/01/2037 0.08%BRINKER INTERNATIONAL INC 0.08%ITOCHU CORP 0.07%CHEUNG KONG INFRASTRUCTURE 0.07%BHP BILLITON LTD 0.07%COMM MORTGAGE TRUST 6/11/2027 0.07%YUM! BRANDS INC 0.07%US TREASURY N/B 1/31/2019 0.07%VALERO ENERGY CORP 0.07%AST Portfolio Holdings126 of 635

AST FI Pyramis ® Quantitative Portfolio (continued)Security% of PortfolioFRIENDS LIFE GROUP LTD 0.07%CIGNA CORP 0.07%VESTAS WIND SYSTEMS A/S 0.07%CAIXABANK S.A 0.07%CROWN CASTLE INT 0.07%FANNIE MAE 8/01/2029 0.07%DANONE 0.07%RESMED INC 0.07%UCB SA 0.07%KOMATSU LTD 0.07%GENERAL MILLS INC 0.07%INTACT FINANCIAL CORP 0.07%FANNIE MAE 7/01/2025 0.07%KONINKLIJKE KPN NV 0.07%SEMPRA ENERGY 0.07%JM SMUCKER CO/THE 0.07%DUQUESNE LIGHT 9/15/2020 0.07%INDITEX 0.07%EXETER AUTOMOBILE RECEIVABL 8/15/2018 0.07%MORGAN STANLEY 4/25/2018 0.07%AMERICAN WATER WORKS CO INC 0.07%PPL CORPORATION 0.07%MEAD JOHNSON NUTRITION CO 0.07%COCA-COLA CO/THE 0.07%LEGRAND SA 0.07%ROGERS COMMUNICATIONS INC-B 0.07%RBSSP RESECURITIZATION TRUS 7/26/2045 0.07%O'REILLY AUTOMOTIVE INC 0.07%PERRIGO CO PLC 0.07%M & T BANK CORP 0.07%DAVITA HEALTHCARE PARTNERS 0.07%ACCENTURE PLC-CL A 0.07%XEROX CORP 0.07%SYNOPSYS INC 0.07%ANADARKO PETRO 9/15/2016 0.07%OMNICOM GROUP 0.07%SWEDBANK AB - A SHARES 0.07%AP MOELLER-MAERSK A/S-B 0.07%MCDONALD'S CORP 0.07%COMMONW BK AU NY 3/13/2019 0.07%DOLLAR GENERAL CORP 0.07%BENESSE HOLDINGS INC 0.07%AUTOZONE INC 0.07%NEXTERA ENERGY INC 0.07%DELPHI AUTOMOTIVE PLC 0.07%TELENOR ASA 0.07%HANG SENG BANK LTD 0.07%PARK24 CO LTD 0.07%MERCEDES-BENZ AUTO LEASE TR 2/15/2016 0.07%NABORS INDS INC 9/15/2016 0.07%FANNIE MAE 8/01/2029 0.06%MONOLITHIC POWER SYSTEMS IN 0.06%FANNIE MAE 12/01/2039 0.06%CFC LLC 12/17/2018 0.06%Security% of PortfolioARROW ELECTRONICS INC 0.06%HUMANA INC 0.06%US TREASURY N/B 2/28/2017 0.06%PINNACLE WEST CAPITAL 0.06%SUMITOMO MITSUI TRUST HOLDI 0.06%T 1.500 31-AUG-2018 8/31/2018 0.06%NETAPP INC 0.06%FRANCO-NEVADA CORP 0.06%KELLOGG CO 0.06%QUALCOMM INC 0.06%P G & E CORP 0.06%UNUM GROUP 3/15/2024 0.06%GOLDMAN SACHS GP 1/22/2018 0.06%BOSTON SCIENTIFIC CORP 0.06%HERSHEY CO/THE 0.06%PEPSICO INC 0.06%MCDONALD'S HOLDINGS CO JAPA 0.06%NORTHEAST UTILITIES 0.06%MURATA MANUFACTURING CO LTD 0.06%SGS SA-REG 0.06%REXEL SA 0.06%CLOROX COMPANY 0.06%ONEOK INC 0.06%WORLD FUEL SERVICES CORP 0.06%ALTICE SA 0.06%US TREASURY N/B 3/15/2015 0.06%REGIONS FINANCIAL CORP 0.06%SVENSKA HANDELSBANKEN-A SHS 0.06%LEAR CORP 0.06%ALLIANT ENERGY CORP 0.06%US TREASURY N/B 4/15/2015 0.06%BED BATH & BEYOND INC 0.06%BCAP LLC TRUST 3/27/2036 0.06%VF CORP 0.06%COMPUTER SCIENCES CORP 0.06%LINDT & SPRUENGLI AG-PC 0.06%MEGGITT PLC 0.06%TOSHIBA CORP 0.06%SUZUKI MOTOR CORP 0.06%INTUIT INC 0.06%MORGAN STANLEY BAML TRUST 4/15/2047 0.06%ARKEMA 0.06%HSBC USA INC 1/16/2018 0.06%MAZDA MOTOR CORP 0.06%HENKEL AG & CO KGAA 0.06%US TREASURY N/B 8/15/2043 0.06%BOC HONG KONG HOLDINGS LTD 0.06%WI TREASURY SEC. 4/30/2021 0.06%FANNIE MAE 10/01/2037 0.06%SILVER BAY REALTY 2014-1 TR 9/17/2031 0.06%FANNIE MAE 8/01/2029 0.06%EXPRESS SCRIPTS 5/15/2016 0.05%QUEST DIAGNOSTICS INC 0.05%AIR LIQUIDE SA 0.05%AST Portfolio Holdings127 of 635

AST FI Pyramis ® Quantitative Portfolio (continued)Security% of PortfolioDIRECT LINE INSURANCE GROUP 0.05%TDC A/S 0.05%FANNIE MAE 8/01/2037 0.05%SCANA CORP 0.05%OMRON CORP 0.05%NIDEC CORP 0.05%DCP MIDSTREAM 5/21/2043 0.05%TELECOM ITALIA SPA 0.05%BRUNSWICK CORP 0.05%GOVERNMENT NATIONAL MORTGAG 5/20/2044 0.05%UNIBAIL-RODAMCO SE 0.05%ILIAD SA 0.05%SUMITOMO REALTY & DEVELOPME 0.05%TENNECO INC 0.05%DUN & BRADSTREET CORP 0.05%CERNER CORP 0.05%LAWSON INC 0.05%MULTI-COLOR CORP 0.05%ANADARKO PETRO 9/15/2017 0.05%CONSTELLATION SOFTWARE INC 0.05%BOSTON PROPERTIES INC 0.05%ADIDAS AG 0.05%DTE ENERGY COMPANY 0.05%US TREASURY N/B 11/15/2027 0.05%ADECCO SA-REG 0.05%INGRAM MICRO INC-CL A 0.05%DRILLISCH AG 0.05%KEYENCE CORP 0.05%CITIGROUP INC 5/22/2019 0.05%DAIKIN INDUSTRIES LTD 0.05%ELECTRONICS FOR IMAGING 0.05%RTL GROUP 0.05%BRUKER CORP 0.05%DRAX GROUP PLC 0.05%CFC LLC 11/15/2017 0.05%CALIFORNIA ST 4/01/2039 0.05%CAVIUM INC 0.05%TOKIO MARINE HOLDINGS INC 0.05%NOMURA HOLDINGS INC 0.05%PTC INC 0.05%BANK NOVA SCOTIA 7/15/2016 0.05%HONGKONG LAND HOLDINGS LTD 0.05%INPEX CORP 0.05%JONES LANG LASALLE INC 0.05%GOVERNMENT NATIONAL MORTGAG 9/15/2039 0.05%MEDIVATION INC 0.05%WR BERKLEY CORP 0.05%TDK CORP 0.05%STARHUB LTD 0.05%DON QUIJOTE HOLDINGS CO LTD 0.05%ASM PACIFIC TECHNOLOGY 0.05%SUEZ ENVIRONNEMENT CO 0.05%SHIN-ETSU CHEMICAL CO LTD 0.05%INGREDION INC 0.05%Security% of PortfolioCPS AUTO TRUST 8/15/2018 0.05%REGIONS BK ALAB 5/15/2018 0.05%NOBLE GROUP LTD 0.05%ROYAL BK SCOTLND 12/19/2023 0.05%FANNIE MAE 2/01/2041 0.05%HORMEL FOODS CORP 0.05%ASAHI KASEI CORP 0.05%AIR METHODS CORP 0.05%ACS ACTIVIDADES CONS Y SERV 0.05%GOVERNMENT NATIONAL MORTGAG 9/20/2040 0.05%CAPITA PLC 0.05%LIBERTY PROP LP 2/15/2024 0.05%BAE SYSTEMS PLC 0.05%FANNIE MAE 4/01/2034 0.05%RENAULT SA 0.05%MCCORMICK & CO-NON VTG SHRS 0.05%HLSS SERVICER ADVANCE RECEI 9/15/2044 0.05%LIFESTYLE INTL HLDGS LTD 0.05%WOODSIDE PETROLEUM LTD 0.05%GOVERNMENT NATIONAL MORTGAG 6/15/2040 0.05%AIR LEASE CORP 4/01/2021 0.05%GEN ELEC CAP CRP 11/15/2067 0.05%MORGAN STANLEY 2/25/2023 0.05%ROYAL BK CANADA 1/16/2018 0.05%SODEXO 0.05%FIRSTMERIT CORP 0.05%HUNTINGTON INGALLS INDUSTRI 0.05%TRAVIS PERKINS PLC 0.05%WHITBREAD PLC 0.05%SARTORIUS STEDIM BIOTECH 0.05%WABCO HOLDINGS INC 0.05%DAIMLER FINANCE 8/01/2018 0.04%HCP INC 0.04%SEEK LTD 0.04%ALLY MASTER OWNER TRUST 3/15/2019 0.04%COLGATE-PALMOLIVE CO 0.04%UBI BANCA SCPA 0.04%HANGER INC 0.04%LVMH MOET HENNESSY LOUIS VU 0.04%ANGLO AMERICAN PLC 0.04%ENERSYS 0.04%BRITISH LAND CO PLC 0.04%SEIKO EPSON CORP 0.04%WESTPAC BANKING 5/19/2017 0.04%FANNIE MAE 5/27/2015 0.04%FORD CREDIT FLOORPLAN MASTE 1/15/2019 0.04%SABMILLER HLD IN 8/01/2018 0.04%AMERICAN EXPRESS 5/22/2018 0.04%BB&T CORPORATION 2/01/2019 0.04%CAPITAL ONE MULTI-ASSET EXE 1/15/2020 0.04%FANNIE MAE 4/27/2017 0.04%HUNTINGTON NATL 4/01/2019 0.04%VERIZON COMM INC 9/15/2020 0.04%FIFTH THIRD BANC 6/01/2018 0.04%AST Portfolio Holdings128 of 635

AST FI Pyramis ® Quantitative Portfolio (continued)Security% of PortfolioFORD CREDIT FLOORPLAN MASTE 9/15/2019 0.04%KERING 0.04%AT&T INC 8/15/2041 0.04%ESSEX PROPERTY TRUST INC 0.04%MRC GLOBAL INC 0.04%CHURCH & DWIGHT CO INC 0.04%IIDA GROUP HOLDINGS CO LTD 0.04%LONDON STOCK EXCHANGE GROUP 0.04%TIME WARNER CABL 5/01/2017 0.04%SEMPRA ENERGY 6/15/2018 0.04%INTERCONTINENTAL HOTELS GRO 0.04%FANNIE MAE 6/01/2042 0.04%KEPPEL CORP LTD 0.04%SONY FINANCIAL HOLDINGS INC 0.04%INTL CONSOLIDATED AIRLINE-D 0.04%GRANITE MORTGAGES PLC. 1/20/2044 0.04%GRANITE MASTER ISSUER PLC 12/20/2054 0.04%EQUITY LIFESTYLE PROPERTIES 0.04%KENNEDY-WILSON HOLDINGS INC 0.04%SABMILLER HLD IN 1/15/2017 0.04%TECHTRONIC INDUSTRIES CO 0.04%NIPPON PROLOGIS REIT INC 0.04%WAMU MORTGAGE PASS-THROUGH 1/25/2018 0.04%TIME WARNER INC 3/15/2020 0.04%TELEPERFORMANCE 0.04%INTERACTIVE BROKERS GRO-CL 0.04%FELCOR LODGING TRUST INC 0.04%RIGNET INC 0.04%STORA ENSO OYJ-R SHS 0.04%FANNIE MAE 3/01/2033 0.04%NEC CORP 0.04%PUBLIC STORAGE 0.04%BUREAU VERITAS SA 0.04%FREDDIE MAC 2/22/2017 0.04%FANNIE MAE 8/01/2035 0.04%XEROX CORP 3/15/2017 0.04%FORUM ENERGY TECHNOLOGIES I 0.04%AIG-CALL 3/22/2017 0.04%DENTSU INC 0.04%FUJI MEDIA HOLDINGS INC 0.04%FANNIE MAE 12/01/2040 0.04%CALIFORNIA ST 11/01/2040 0.04%AUTOZONE INC 4/15/2022 0.04%VOLKSWAGEN INTFN 3/22/2017 0.04%GOVERNMENT NATIONAL MORTGAG 8/01/2044 0.04%FIRST CAPITAL REALTY INC 0.04%METHANEX CORP 0.04%SHIRE PLC 0.04%BOSTON PRIVATE FINL HOLDING 0.04%HYUNDAI CAP AMER 2/06/2019 0.04%FANNIE MAE 2/01/2033 0.04%SL GREEN REALTY CORP 0.04%MIRVAC GROUP 0.04%ANDRITZ AG 0.04%Security% of PortfolioFREDDIE MAC 7/01/2041 0.04%STAG INDUSTRIAL INC 0.04%CVB FINANCIAL CORP 0.04%SYDNEY AIRPORT 0.04%WI TREASURY SEC. 4/30/2019 0.04%FIELDSTONE MORTGAGE INVESTM 12/25/2035 0.04%PHILLIPS 66 5/01/2017 0.04%WOLSELEY PLC 0.04%OLYMPUS CORP 0.04%CSMC 2014-ICE A 1ML+80 4/20/2027 0.04%ALTICE FINANCING 7/02/2019 0.04%REED ELSEVIER NV 0.04%BERRY PLASTICS GROUP INC 0.04%FREDDIE MAC 8/01/2039 0.04%SUNTRUST BANKS 11/01/2018 0.04%PETROLEOS MEXICA 6/27/2044 0.04%JP MORGAN CHASE COMMERCIAL 4/15/2027 0.04%JP MORGAN CHASE COMMERCIAL 4/15/2045 0.04%DIGITAL REALTY TRUST INC 0.04%DENSO CORP 0.04%BALOISE HOLDING AG - REG 0.04%CSMC 14-3R 2A1 CSTR 5/25/2037 0.04%EMCOR GROUP INC 0.04%M/I HOMES INC 0.04%GE CAPITAL CREDIT CARD MAST 6/15/2018 0.04%FANNIE MAE 3/01/2041 0.04%TELEDYNE TECHNOLOGIES INC 0.04%SKECHERS USA INC-CL A 0.04%SALIX PHARMACEUTICALS LTD 0.04%STEVEN MADDEN LTD 0.04%BURBERRY GROUP PLC 0.04%COMFORTDELGRO CORP LTD 0.04%HENRY SCHEIN INC 0.04%DISCOVER FIN SVS 4/27/2022 0.04%TEAM HEALTH HOLDINGS INC 0.04%RABOBANK NED NY 1/14/2019 0.04%RAFFLES MEDICAL GROUP LTD 0.04%SIMON PROP GP LP 2/01/2019 0.04%ANHEUSER-BUSCH 7/15/2017 0.04%AT&T INC 12/01/2017 0.04%DISCOVER BANK 2/21/2018 0.04%ATOS 0.03%E*TRADE FINANCIAL CORP 0.03%BERKSHIRE HATH 5/15/2018 0.03%SUMITOMO MITSUI 1/10/2019 0.03%ALEXANDRIA REAL ESTATE EQUI 0.03%OIL SEARCH LTD 0.03%HARTFORD FINL 4/15/2022 0.03%NUFARM LTD 0.03%MEITEC CORP 0.03%COMCAST CORP 3/01/2020 0.03%ILLINOIS ST 6/01/2033 0.03%FIRSTENERGY CORP 3/15/2018 0.03%FEDERAL REALTY INVS TRUST 0.03%AST Portfolio Holdings129 of 635

AST FI Pyramis ® Quantitative Portfolio (continued)Security% of PortfolioSPARK INFRASTRUCTURE GROUP 0.03%FREDDIE MAC 5/13/2016 0.03%ARUBA NETWORKS INC 0.03%SEMPRA ENERGY 6/01/2016 0.03%MACK-CALI REAL 8/15/2019 0.03%ROVI CORP 0.03%FOREST CITY ENTERPRISES-CL 0.03%WALGREEN CO 9/15/2017 0.03%JSR CORP 0.03%FIFTH THIRD BANK 3/01/2038 0.03%KURARAY CO LTD 0.03%ST JAMES'S PLACE PLC 0.03%HITACHI METALS LTD 0.03%MAKITA CORP 0.03%TOKYO TATEMONO CO LTD 0.03%GLOBAL LOGISTIC PROPERTIES 0.03%RUSH ENTERPRISES INC-CL A 0.03%WILLIAMS PARTNER 8/15/2022 0.03%ALLY AUTO RECEIVABLES TRUST 2/21/2017 0.03%FANNIE MAE 9/01/2042 0.03%GENERAC HOLDINGS INC 0.03%NGK INSULATORS LTD 0.03%ABBVIE INC 11/06/2017 0.03%FUJITSU LTD 0.03%TELEFLEX INC 0.03%FREDDIE MAC 4/17/2015 0.03%BP CAPITAL PLC 2/10/2024 0.03%KEPCO PLANT SERVICE & ENGIN 0.03%DXP ENTERPRISES INC 0.03%H.J. HEINZ COMPANY 6/05/2020 0.03%JUNGHEINRICH - PRFD 0.03%AMER ELEC PWR 12/15/2017 0.03%MELIA HOTELS INTERNATIONAL 0.03%GILDAN ACTIVEWEAR INC 0.03%PUGET ENERGY INC 7/15/2022 0.03%FANNIE MAE 3/30/2016 0.03%VOLKSWAGEN GP 2.1 5/23/2019 0.03%GOVERNMENT NATIONAL MORTGAG 12/20/2060 0.03%TIME WARNER CABL 7/01/2018 0.03%CAPITAL ONE BANK 6/05/2019 0.03%MERRILL LYNCH 1/29/2037 0.03%MORGAN STANLEY 7/24/2042 0.03%FURMANITE CORP 0.03%WESCO INTERNATIONAL INC 0.03%MITSUBISHI UFJ LEASE & FINA 0.03%REYNOLDS AMERICA 11/01/2022 0.03%INFOR (US), INC. (FKA 6/03/2020 0.03%GOVERNMENT NATIONAL MORTGAG 3/20/2041 0.03%WESTERN GAS 7/01/2022 0.03%MASSMUTUAL GLBL 4/09/2019 0.03%ALTRIA GROUP INC 8/09/2022 0.03%MET LIFE GLOB 4/10/2019 0.03%BARCLAYS BK PLC 2/20/2019 0.03%VIRTUSA CORP 0.03%Security% of PortfolioBANK OF AMER CRP 1/11/2023 0.03%ACOM CO LTD 0.03%PKC GROUP OYJ 0.03%PIEDMONT OFFICE REALTY TRU- 0.03%SEVEN BANK LTD 0.03%CASTELLUM AB 0.03%MORGAN STANLEY 11/01/2022 0.03%INVENSENSE INC 0.03%CATERPILLAR FINL 3/03/2017 0.03%EVERBANK FINANCIAL CORP 0.03%ROYAL BK SCOTLND 5/28/2024 0.03%CDW CORP/DE 0.03%TAUBMAN CENTERS INC 0.03%VENTAS INC 0.03%CRAY INC 0.03%DCP MIDSTREAM 3/15/2020 0.03%RIO TINTO FINANC 9/20/2021 0.03%PATTERN ENERGY GROUP INC 0.03%AMGEN INC 11/15/2021 0.03%KUDELSKI SA-BR 0.03%TAIWAN SEMICONDUCTOR MANUFA 0.03%MA-COM TECHNOLOGY SOLUTIONS 0.03%QUEBECOR INC -CL B 0.03%DRIL-QUIP INC 0.03%MID-AMERICA APARTMENT COMM 0.03%BP CAPITAL PLC 11/01/2021 0.03%UNITED INTERNET AG-REG SHAR 0.03%BANK OF AMER CRP 1/22/2024 0.03%REDWOOD TRUST INC 0.03%LAREDO PETROLEUM INC 0.03%US TREASURY N/B 8/15/2023 0.03%MOLINA HEALTHCARE INC 0.03%JTEKT CORP 0.03%CHIPOTLE MEXICAN GRILL INC 0.03%AEON MALL CO LTD 0.03%MONSANTO CO 7/15/2044 0.03%TULLOW OIL PLC 0.03%DDR CORP 1/15/2021 0.03%CUBIST PHARMACEUTICALS INC 0.03%MACK-CALI REALTY 4/18/2022 0.03%DENNY'S CORP 0.03%JC PENNEY TL 5/22/2018 0.03%IHI CORP 0.03%DEVON ENERGY 12/15/2018 0.03%MANUF & TRADERS 1/30/2019 0.03%TARGET CORP 6/26/2019 0.03%PETROBRAS INTL 1/27/2021 0.03%PNC BANK NA 7/02/2019 0.03%FREEPORT-MC C&G 3/15/2043 0.03%WELLS FARGO CO 1/15/2019 0.03%MTR CORP 0.03%NORD ANGLIA TERM B 3/31/2021 0.03%SUNOPTA INC 0.03%HUNTSMAN INTERNATIONAL 10/31/2020 0.03%AST Portfolio Holdings130 of 635

AST FI Pyramis ® Quantitative Portfolio (continued)Security% of PortfolioORACLE CORP 7/08/2024 0.03%CITIGROUP INC 9/13/2025 0.03%CAESARS 10/11/2020 0.03%GOLDMAN SACHS GP 7/08/2024 0.03%SPRINGER SCIENCE 8/14/2020 0.03%JX HOLDINGS INC 0.03%POST PROPERTIES INC 0.03%FIRSTENERGY CORP 3/15/2023 0.03%HDFC BANK LTD-ADR 0.03%SYNOVUS FINANCIAL CORP 0.03%FMG RESOURCES (AUGUST 6/30/2019 0.03%HEARTLAND PAYMENT SYSTEMS I 0.03%GLORY LTD 0.03%HAEMONETICS CORP/MASS 0.03%NATIONAL RETAIL PROPERTIES 0.03%ERP OPERATING-LP 4/15/2023 0.03%HONG KONG EXCHANGES & CLEAR 0.03%FREDDIE MAC 10/02/2019 0.03%SERVICE CORP INTERNATIONAL 0.03%LAUREATE EDUCATI 6/15/2018 0.03%HFF INC-CLASS A 0.03%AAREAL BANK AG 0.03%JAPAN EXCHANGE GROUP INC 0.03%ROCK TENN COMPANY -CL A 0.03%MARSH & MCLENNAN 7/15/2021 0.03%PETROFAC LTD 10/10/2018 0.03%RIO TINTO FINANC 3/22/2022 0.03%AVALONBAY COMMUN 10/01/2020 0.03%PETROBRAS 1/15/2019 0.03%WISDOMTREE INDIA EARNINGS 0.03%HILTON WORLDWIDE 10/25/2020 0.03%PACIFIC LIFECORP 1/30/2043 0.03%BRITISH TEL PLC 2/14/2019 0.03%ANHEUSER-BUSCH 1/17/2018 0.03%OBIC CO LTD 0.03%PNC BANK NA 1/28/2019 0.03%HITACHI CONSTRUCTION MACHIN 0.03%SPRINGLEAF HOLDINGS INC 0.03%BANK OF MONTREAL 1/25/2019 0.03%DARLING INGREDIENTS INC 0.03%FANNIE MAE 11/01/2042 0.03%PHILIP MORRIS IN 8/21/2017 0.03%PUBLIC SERVICE E 6/01/2019 0.03%CALIFORNIA ST 4/01/2034 0.03%TIME WARNER INC 3/15/2040 0.03%ENDO HEALTH SOLUTIONS INC 0.03%ORACLE CORP 10/15/2017 0.03%UNITEDHEALTH GRP 3/15/2019 0.03%ICONIX BRAND GROUP INC 0.03%CONTINENTAL RESO 6/01/2024 0.03%WELLPOINT INC 8/15/2020 0.03%PORTLAND GENERAL ELECTRIC C 0.03%FERRO CORP 0.03%TESSERA TECHNOLOGIES INC 0.03%Security% of PortfolioTECAN GROUP AG-REG 0.03%NIPPON SHOKUBAI CO LTD 0.03%LASALLE HOTEL PROPERTIES 0.03%NEWS AMER INC 2/15/2041 0.03%YAMAHA MOTOR CO LTD 0.03%NISOURCE FINANCE 9/15/2020 0.03%INVESTORS BANCORP INC 0.03%REGUS PLC 0.03%COMMONWEALTH EDI 9/15/2017 0.03%FANNIE MAE 11/01/2041 0.03%CHICAGO IL 1/01/2044 0.03%SHIMAMURA CO LTD 0.03%GEN ELECTRIC CO 3/11/2044 0.03%FUCHS PETROLUB SE -PREF 0.03%HILLTOP HOLDINGS INC 0.03%WILLIAMS COS INC 6/24/2044 0.03%CORESITE REALTY CORP 0.03%NEWS AMER INC 3/01/2019 0.03%KUONI REISEN HLDG-REG(CAT B 0.03%EMPLOYERS HOLDINGS INC 0.03%PROLOGIS INC 0.02%LARSEN & TOUBRO-GDR REG S 0.02%GRAPHIC PACKAGING HOLDING C 0.02%TUPPERWARE BRANDS CORP 0.02%FANNIE MAE 2/01/2041 0.02%ENCORE CAPITAL GROUP INC 0.02%RF MICRO DEVICES INC 0.02%OXFORD INSTRUMENTS PLC 0.02%SENIOR HOUSING PROP TRUST 0.02%SWEDISH ORPHAN BIOVITRUM AB 0.02%NEW YORK LIFE 11/15/2039 0.02%SEGRO PLC 0.02%CONAGRA INC 1/25/2018 0.02%SATO HOLDINGS CORP 0.02%CURTISS-WRIGHT CORP 0.02%CRH PLC 0.02%RICOH LEASING CO LTD 0.02%AKER SOLUTIONS ASA 0.02%CHILDREN'S PLACE INC/THE 0.02%HELIX ENERGY SOLUTIONS GROU 0.02%WESTPAC BANKING CORP 0.02%TEAM INC 0.02%FLIGHT CENTRE TRAVEL GROUP 0.02%GLOBAL PAYMENTS INC 0.02%GENPACT LTD 0.02%EULER HERMES GROUP 0.02%JAZZTEL PLC 0.02%MDC PARTNERS INC-A 0.02%CALLIDUS SOFTWARE INC 0.02%WEATHERFORD BERM 4/15/2042 0.02%CAESARS GROWTH TERM 1LN 5/08/2021 0.02%RAIT FINANCIAL TRUST 0.02%WESTERN ALLIANCE BANCORP 0.02%AMER SPORTS OYJ 0.02%AST Portfolio Holdings131 of 635

AST FI Pyramis ® Quantitative Portfolio (continued)Security% of PortfolioCITIGROUP INC 9/13/2043 0.02%NORTHSTAR ASSET MANAGEMENT 0.02%MSA SAFETY INC 0.02%VITAMIN SHOPPE INC 0.02%ICICI BANK LTD-SPON ADR 0.02%MONSANTO CO 7/15/2034 0.02%COMCAST CORP 1/15/2043 0.02%FORD MOTOR CRED 9/20/2022 0.02%ARMADA HOFFLER PROPERTIES I 0.02%THIRD POINT REIN 0.02%FUJI HEAVY INDUSTRIES LTD 0.02%SURUGA BANK LTD 0.02%MONSANTO CO 7/15/2064 0.02%GEN ELEC CAP CRP 1/10/2039 0.02%ASHMORE GROUP PLC 0.02%FANNIE MAE 7/01/2043 0.02%ESSENTIAL POWER 8/08/2019 0.02%TERVITA TM B 1LN 2OUT 5/15/2018 0.02%CITIGROUP INC 5/06/2044 0.02%DCT INDUSTRIAL TRUST INC 0.02%FIESTA RESTAURANT GROUP 0.02%HOME LOAN SERVICING SO 6/26/2020 0.02%VANTAGE DRILL CO TM B NEW 3/28/2019 0.02%STANCORP FINANCIAL GROUP 0.02%GOODMAN GROUP 0.02%PARTNERS GROUP HOLDING AG 0.02%BOSTON PROP LP 2/01/2023 0.02%BOUSTEAD SINGAPORE LTD 0.02%BANCO NAC DESENV 4/14/2019 0.02%INGERSOLL-RND GL 1/15/2019 0.02%INNOSPEC INC 0.02%SUNDRUG CO LTD 0.02%PETROLEOS MEXICA 1/24/2022 0.02%UNITEDHEALTH GRP 3/15/2043 0.02%ALTEN 0.02%CODELCO INC 11/03/2021 0.02%KAR AUCTION SERVICES INC 0.02%TAHOE RESOURCES INC 0.02%SAMSUNG ELECTRONICS-PREF 0.02%GEN ELECTRIC CO 3/11/2024 0.02%SHANGRI-LA ASIA LTD 0.02%MIZUHO BANK LTD 4/16/2019 0.02%JPMORGAN CHASE 2/15/2017 0.02%TOHOKU ELECTRIC POWER CO IN 0.02%INTESA SANPAOLO 1/13/2017 0.02%NASDAQ OMX GROUP/THE 0.02%CORE-MARK HOLDING CO INC 0.02%MIZUHO CORP BANK 10/17/2017 0.02%APPLE INC 5/06/2021 0.02%UNISYS CORP 0.02%BPCE 2/10/2017 0.02%TRONOX LTD-CL A 0.02%SCHNEIDER ELECTRIC SE 0.02%BANK OF AMER CRP 4/01/2019 0.02%Security% of PortfolioCITIGROUP INC 4/08/2019 0.02%BCAP LLC TRUST 4/26/2035 0.02%CANFOR CORP 0.02%EUROCOMMERCIAL PROPERTIE-CV 0.02%MERCEDES-BENZ AUTO LEASE TR 12/15/2016 0.02%GAGFAH SA 0.02%PROGRESS SOFTWARE CORP 0.02%MORGAN STANLEY CAPITAL I TR 6/11/2042 0.02%AON CORP 9/30/2020 0.02%SOUTH JERSEY INDUSTRIES 0.02%BJ'S WHOLESALE CLUB, I 9/26/2019 0.02%FANNIE MAE 5/15/2030 0.02%BRITVIC PLC 0.02%COINMACH SERVICES 11/14/2019 0.02%ILLINOIS ST 3/01/2019 0.02%UNITED COMMUNITY BANKS/GA 0.02%PETROBRAS INTL 3/15/2019 0.02%AMBARELLA INC 0.02%FXCM INC-A 0.02%ALLY MASTER OWNER TRUST 9/15/2019 0.02%CATLIN GROUP LTD 0.02%CITIGROUP COMMERCIAL MORTGA 10/15/2049 0.02%VONTOBEL HOLDING AG-REG 0.02%NIHON PARKERIZING CO LTD 0.02%CHALLENGER LTD 0.02%NICE SYSTEMS LTD-SPONS ADR 0.02%DEUTSCHE BK LOND 2/13/2019 0.02%SOUTHEAST SUPPLY 6/15/2024 0.02%PETROLEOS MEXICA 3/05/2020 0.02%DEUTZ AG 0.02%FANNIE MAE 8/01/2044 0.02%EAST WEST BANCORP INC 0.02%GENESEE & WYOMING INC-CL A 0.02%TFS FINANCIAL CORP 0.02%DELL INTERNATIONAL 4/29/2020 0.02%EXEDY CORP 0.02%MONDI PLC 0.02%BLOOMIN' BRANDS INC 0.02%HILTON USA TRUST 11/05/2030 0.02%PERSIMMON PLC 0.02%INFORMA PLC 0.02%BODYCOTE PLC 0.02%THK CO LTD 0.02%COMPUGROUP MEDICAL AG 0.02%UDR INC 0.02%FANNIE MAE 4/01/2034 0.02%AMTRUST FINANCIAL SERVICES 0.02%PETROBRAS 3/17/2044 0.02%MOVE INC 0.02%BORALEX INC -A 0.02%FRESNILLO PLC 0.02%WP CAREY INC 0.02%COOPER TIRE & RUBBER 0.02%FANNIE MAE 12/01/2041 0.02%AST Portfolio Holdings132 of 635

AST FI Pyramis ® Quantitative Portfolio (continued)Security% of PortfolioTRANSDIGM INC. 2/28/2020 0.02%GREAT PORTLAND ESTATES PLC 0.02%NORTHERN OIL AND GAS INC 0.02%AIR TRANSPORT SERVICES GROU 0.02%KONECRANES OYJ 0.02%NHK SPRING CO LTD 0.02%LATTICE SEMICONDUCTOR CORP 0.02%RUTH'S HOSPITALITY GROUP IN 0.02%FANNIE MAE 10/01/2040 0.02%KOREA ELECTRIC POWER CORP 0.02%DISCOVERY COMMUN 4/01/2043 0.02%FANNIE MAE 10/01/2042 0.02%TRIMAS CORP 0.02%DELL INTERNATIONAL 10/29/2018 0.02%INTRALINKS HOLDINGS INC 0.02%DAH SING FINANCIAL HOLDINGS 0.02%CAPITAL ONE NA 7/23/2021 0.02%CHIYODA CORP 0.02%MEDIASET ESPANA COMUNICACIO 0.02%BALLY TECHNOLOGIES 11/25/2020 0.02%ALASKA AIR GROUP INC 0.02%MICROSOFT CORP 4.5% 10/01/2040 0.02%LA QUINTA TERM B 4/14/2021 0.02%FORD MOTOR CRED 6/12/2017 0.02%UDR INC 10/01/2020 0.02%HOST HOTELS & RESORTS INC 0.02%GREAT EAGLE HOLDINGS LTD 0.02%LB-UBS COMMERCIAL MORTGAGE 9/15/2039 0.02%EVERTEC INC 0.02%RAMIRENT OYJ 0.02%MISUMI GROUP INC 0.02%GFI GROUP INC 0.02%TOKYO OHKA KOGYO CO LTD 0.02%WHITEWAVE FOODS CO 0.02%IPSOS 0.02%SCIENTIFIC GAMES INTER 10/18/2020 0.02%HUB GROUP INC-CL A 0.02%ULTRATECH INC 0.02%WESTERN ENERGY SERVICES COR 0.02%YRC WORLDWIDE 2/12/2019 0.02%CISCO SYSTEMS 3/04/2021 0.02%AMER HONDA FIN 10/10/2018 0.02%CVS CAREMARK 12/05/2018 0.02%EL PASO PIPELINE 10/01/2021 0.02%KEYCORP 12/13/2018 0.02%OCI BEAUMONT 8/20/2019 0.02%FAIRPOINT COMMUNICATIONS IN 0.02%PERFORMANCE FD TM 2LN 11/14/2019 0.02%ANGLO AMERICAN 4/15/2016 0.02%HARLAND CLARKE 8/04/2019 0.02%ENBRIDGE INC 6/02/2017 0.02%TNT CRANE & RIGGING INC TL 11/27/2020 0.02%WESTERN REFINING INC 0.02%FIBERNET TERM LN 7/17/2019 0.02%Security% of PortfolioFIRST DATA CORP 3/24/2018 0.02%AEGEAN MARINE PETROLEUM NET 0.02%DOMINION RES 3/15/2017 0.02%SEARS TERM ABL 6/30/2018 0.02%ARDAGH HOLDINGS USA INC 12/17/2019 0.02%INTL LEASE FIN TERM B 3/06/2021 0.02%UNI-PRESIDENT ENTERPRISES C 0.02%CITIGROUP INC 7/29/2019 0.02%MIDAMERICAN ENER 5/15/2017 0.02%JOHN DEERE OWNER TRUST 4/16/2018 0.02%TRANSUNION TERM B 4/09/2021 0.02%HEALTHCARE TRUST 7/15/2021 0.02%HCA INC 3/15/2019 0.02%GRIFOLS USD TERM 2/27/2021 0.02%FIELDWOOD ENERGY LLC TL 2L 9/30/2020 0.02%VIRGIN MEDIA TERM B 2/21/2020 0.02%BRANDYWINE OPER 2/15/2023 0.02%TRANSDIGM INC 6/04/2021 0.02%ARAMARK TERM F 2/24/2021 0.02%INTER PIPELINE LTD 0.02%LINEAGE LOGISTC 4/07/2021 0.02%PHARMACEUTICAL PRODUCT DEVE 12/05/2018 0.02%DCP MIDSTREAM OP 4/01/2044 0.02%EQUITY RESIDENTIAL 0.02%JYSKE BANK-REG 0.02%COMM MORTGAGE TRUST 6/10/2047 0.02%RENTRAK CORP 0.02%CLEAR CHANNEL COMMUNICATION 1/30/2019 0.02%BANQUE CANTONALE VAUDOIS-RE 0.02%INTERPUMP GROUP SPA 0.02%ALPHA TOPCO LIMITED 4/30/2019 0.02%TRUVEN HEALTH ANALYTICS INC 5/31/2019 0.02%MID-AMER APT LP 10/15/2023 0.02%BERRY PLASTICS 2/08/2020 0.02%GCA SAVVIAN CORP 0.02%CHARTER COMM BANK DEBT 1L T 7/01/2020 0.02%VENTAS REALTY LP 8/15/2022 0.02%MERIT MEDICAL SYSTEMS INC 0.02%BASS PRO GROUP 11/20/2019 0.02%POST APT HOMES 12/01/2022 0.02%CALPINE CORPORATION T/L B-2 4/01/2018 0.02%SURGICAL CARE AFFILIATES IN 0.02%FANNIE MAE 7/01/2043 0.02%CAMDEN PROP TRST 1/15/2024 0.02%DUKE REALTY 2/15/2021 0.02%ASHFORD HOSPITALITY PRIME I 0.02%AMAZON.COM INC 11/29/2022 0.02%DUFRY AG-REG 0.02%STATION CASINOS 3/02/2020 0.02%SKY DEUTSCHLAND AG 0.02%NAVISTAR INTERNATIONAL CORP 0.02%ARBOR REALTY TRUST INC 0.02%HERTZ CORPORATION, THE 3/11/2018 0.02%ABC-MART INC 0.02%AST Portfolio Holdings133 of 635

AST FI Pyramis ® Quantitative Portfolio (continued)Security% of PortfolioNRG ENERGY, INC. 7/01/2018 0.02%HANMI FINANCIAL CORPORATION 0.02%DOMINION DIAMOND CORP 0.02%GETTY IMAGES 10/18/2019 0.02%RENAISSANCE LEARN 4/11/2022 0.02%SAN-AI OIL CO LTD 0.02%AMGEN INC 5/22/2017 0.02%ANGLO AMERICAN 9/27/2017 0.02%DAIWA OFFICE INVESTMENT COR 0.02%HCR HEALTHCARE 4/06/2018 0.02%SPORTS AUTH TERM B 11/16/2017 0.02%CISCO SYSTEMS 3/01/2019 0.02%IBM CORP 5/15/2020 0.02%INTERVAL LEISURE GROUP 0.02%CAPITAL ONE FINL 4/24/2019 0.02%MORGAN STANLEY 1/24/2019 0.02%BMW VEHICLE LEASE TRUST 2/21/2017 0.02%FIDESSA GROUP PLC 0.02%LIBERTY MUTUAL 5/01/2022 0.02%FANNIE MAE 6/01/2043 0.02%AUST & NZ BK NY 6/13/2019 0.02%INTELSAT JACKSON HOLDI 6/30/2019 0.02%ESSENT GROUP LTD 0.02%ARRIS GROUP INC 0.02%ALINTA ENERGY FIN TM B 8/13/2019 0.02%WALTER ENERGY TERM B 4/02/2018 0.02%ROGERS COMM INC 10/01/2023 0.02%ADS WASTE HOLDINGS, INC. 10/09/2019 0.02%CARMAX AUTO OWNER TRUST 4/16/2018 0.02%GRASIM INDUSTRIES-SPON GDR 0.02%TYCO ELECTRONICS 10/01/2017 0.02%CEQUEL COMMUNICATIONS, LLC 2/14/2019 0.02%PROOFPOINT INC 0.02%STARZ - A 0.02%INTERCONTINENT 10/15/2018 0.02%SUMITOMO MITSUI FINANCIAL G 0.02%US TREASURY N/B 3/31/2015 0.02%TALISMAN ENERGY 5/15/2042 0.02%WACHOVIA BANK COMMERCIAL MO 5/15/2043 0.02%FANNIE MAE 8/01/2041 0.02%ATMOS ENERGY CORP 0.02%ING US INC 7/15/2022 0.02%COMM MORTGAGE TRUST 12/10/2046 0.02%ON ASSIGNMENT INC 0.02%DOW CHEMICAL CO 5/15/2019 0.02%LB-UBS COMMERCIAL MORTGAGE 9/15/2045 0.02%LENOVO GROUP LTD 0.02%REGENCY CENTERS 6/15/2024 0.02%PAPA JOHN'S INTL INC 0.02%FANNIE MAE 9/01/2036 0.02%HYUNDAI MOTOR CO 0.02%SCHOELLER-BLECKMANN OILFIEL 0.02%WEST CORP 0.02%CORPORATE OFFICE 6/15/2021 0.02%Security% of PortfolioGO-AHEAD GROUP PLC 0.02%PETROLEOS MEXICA 1/23/2045 0.02%ELRINGKLINGER AG 0.02%LUXFER HOLDINGS PLC-ADR 0.02%COGENT COMMUNICATIONS HOLDI 0.02%VIRTUS INVESTMENT PARTNERS 0.02%FIELDWOOD ENERGY, LLC 9/28/2018 0.02%NINTENDO CO LTD 0.02%FANNIE MAE 11/01/2040 0.02%MOODY'S CORP 9/01/2022 0.02%GOVERNMENT NATIONAL MORTGAG 5/15/2034 0.02%GOLDEN LIVING TERM B 5/04/2018 0.02%MARTIN MARIETTA MATERIALS 0.02%UNITED MEXICAN 1/21/2045 0.02%INFOSYS LTD-SP ADR 0.02%UNITED MEXICAN 3/08/2044 0.02%INNERWORKINGS INC 0.02%CAFE DE CORAL HOLDINGS LTD 0.02%CHICO'S FAS INC 0.02%AMERICAN WOODMARK CORP 0.02%COMERICA INC 5/23/2019 0.02%SOUTH STATE CORP 0.02%FORD MOTOR CRED 8/02/2021 0.02%PFIZER INC 0.02%GLOBAL CASH ACCESS HOLDINGS 0.02%PEREGRINE SEMICONDUCTOR COR 0.02%EDUCATION REALTY TRUST INC 0.02%CATAMARAN CORP 0.02%INCITEC PIVOT LTD 0.02%ELEMENTIS PLC 0.02%AEON DELIGHT CO LTD 0.02%BLUE HILLS BANCORP INC 0.02%BANCA POPOL EMILIA ROMAGNA 0.02%APPLE INC 5/04/2043 0.02%DEVELOPERS DIVER 4/01/2017 0.02%JBS USA, LLC 5/27/2018 0.02%WILLIAMS COS INC 6/24/2024 0.02%TRANS-CANADA PL 3/01/2034 0.02%QUALITY DISTRIBUTION INC 0.02%GMO INTERNET INC 0.02%JPMORGAN CHASE 1/06/2042 0.02%REYNOLDS AMERICA 11/01/2042 0.02%DOCTOR REDDY'S LAB-ADR 0.02%MET TRANSPRTN AUTH NY REVEN 11/15/2039 0.02%SWIFT TRANSPORT TERM B 6/09/2021 0.02%INGENICO 0.02%ACTIVISION BLIZZARD 10/12/2020 0.02%HOMEAWAY INC 0.02%TRIUMPH GROUP INC 0.02%HERTZ CORPORATION, THE 3/11/2018 0.02%COMCAST CORP 8/15/2037 0.02%WELLS FARGO CO 11/02/2043 0.02%EMERGENCY MEDICAL SERVICES 5/25/2018 0.02%HARTFORD FINL 4/15/2043 0.02%AST Portfolio Holdings134 of 635

AST FI Pyramis ® Quantitative Portfolio (continued)Security% of PortfolioBERKSHIRE HATHWY 2/11/2043 0.02%MIDAMERICAN ENER 4/01/2036 0.02%GOLDMAN SACHS GP 2/01/2041 0.02%FLYING FORTRESS 6/30/2017 0.02%AXIS BANK LTD- GDR REG S 0.02%MARKET VECTORS INDIA S/C 0.02%PROVIDENCE SERVICE CORP 0.02%FANNIE MAE 6/25/2035 0.02%PINNACLE ENTERTAINMENT 8/13/2020 0.02%NISOURCE INC 0.02%RICOH CO LTD 0.02%FANNIE MAE 1/01/2044 0.02%CREDIT SUISSE MORTGAGE TRUS 12/27/2037 0.02%DUKE ENERGY IND 7/15/2043 0.02%FANNIE MAE 6/01/2041 0.02%AMER INTL GROUP 5/01/2036 0.02%LG HOUSEHOLD & HEALTH CARE 0.02%AIMIA INC 0.02%GLOBAL EAGLE ENTERTAINMENT 0.02%SUNESIS PHARMACEUTICALS INC 0.02%BPCE 7/21/2024 0.02%DISCOVER BANK 8/08/2023 0.02%IG GROUP HOLDINGS PLC 0.02%SANTANDER DRIVE AUTO RECEIV 1/15/2020 0.02%WAL-MART STORES 8/15/2037 0.02%RABOBANK 12/01/2023 0.02%MONEYGRAM INTERNATIONAL INC 0.01%BANK OF AMER CRP 2/07/2042 0.01%BANKRATE INC 0.01%NUMERICABLE TERM B-1 5/21/2020 0.01%CHS/COMMUNITY 1/27/2021 0.01%BMC SOFTWARE 9/10/2020 0.01%JETBLUE AIRWAYS CORP 0.01%CJ O SHOPPING CO LTD 0.01%FANNIE MAE 7/01/2043 0.01%MARSH & MCLENNAN 10/15/2023 0.01%RIGHTMOVE PLC 0.01%COMMERCIAL VEHICLE GROUP IN 0.01%SAGENT PHARMACEUTICALS INC 0.01%ISRAEL CORP LIMITED/THE 0.01%DOWA HOLDINGS CO LTD 0.01%MASTERCARD INC 4/01/2019 0.01%AVALONBAY COMMUN 12/15/2023 0.01%CAPCOM CO LTD 0.01%MEADOWBROOK INSURANCE GROUP 0.01%ADELAIDE BRIGHTON LTD 0.01%ENDURANCE INTERNATIONAL GRO 0.01%WATERSTONE FINANCIAL INC 0.01%EINSTEIN NOAH RESTAURANT GR 0.01%CALPINE CORPORATION 10/09/2019 0.01%CEMPRA INC 0.01%TEMPUR-PEDIC INTERNATIONAL 3/18/2020 0.01%DOUGLAS EMMETT INC 0.01%FANNIE MAE 2/01/2041 0.01%Security% of PortfolioCIA CERVECERIAS UNIDAS-ADR 0.01%WELLS FARGO CO 8/15/2023 0.01%SAMSUNG FIRE & MARINE INS 0.01%HOWARD HUGHES CORP/THE 0.01%ARSEUS NV 0.01%PAC LIFE INSUR 6/15/2039 0.01%BALFOUR BEATTY PLC 0.01%FIRST CITIZENS BCSHS -CL A 0.01%JPMORGAN CHASE 5/10/2021 0.01%MITSUI CHEMICALS INC 0.01%PROSEGUR COMP SEGURIDAD 0.01%AZBIL CORP 0.01%REDROW PLC 0.01%NCI BUILDING SYSTEMS INC 0.01%MERIDIAN BANCORP INC 0.01%ANSALDO STS SPA 0.01%U.S. PHYSICAL THERAPY INC 0.01%FIDELITY & GUARANTY LIFE 0.01%FORTUNE REIT 0.01%HUSKY INJECTION TERM 1LN 6/30/2021 0.01%DAVITA HEALTHCR TERM B 6/24/2021 0.01%REXAM TERM B 1LN 5/03/2021 0.01%SKILLED HEALTHCARE GRP INC 4/09/2016 0.01%AMRCN ROCK SALT TRM B 1LN 5/16/2021 0.01%AEON FINANCIAL SERVICE CO L 0.01%DATAPIPE TERM B 3/15/2019 0.01%TELX GROUP TERM 2LN 4/03/2021 0.01%VERA BRADLEY INC 0.01%ACTAVIS FUNDING 6/15/2019 0.01%SIGNODE INDUSTRIAL 5/01/2021 0.01%REALOGY CORPORATION 3/05/2020 0.01%SERVICEMASTER TERM B 7/01/2021 0.01%WME IMG HLDGS TERM B 1LN 5/06/2021 0.01%FANNIE MAE 12/01/2041 0.01%ARYSTA LIFE TRM 1LN DD AO 5/29/2020 0.01%PRA HLDGS TERM B 9/23/2020 0.01%HARVEY GULF INTERNATIONAL 1 6/18/2020 0.01%WINCOR NIXDORF AG 0.01%CONSOLIDATED CONT TM 2LN 1/03/2020 0.01%DE'LONGHI SPA 0.01%WILLIAMS PARTNER 3/04/2024 0.01%ARDAGH PKG FIN 12/15/2019 0.01%LIBERTY MUTUAL 6/01/2021 0.01%KT CORP 0.01%WIENERBERGER AG 0.01%FREDDIE MAC 7/15/2032 0.01%COMVERSE INC 0.01%FREDDIE MAC 6/01/2043 0.01%EMPIRE GENERATING TERM B 3/13/2021 0.01%SPAREBANK 1 SR BANK ASA 0.01%MELCO INTERNATIONAL DEVELOP 0.01%DUKE ENERGY PROG 3/30/2044 0.01%HANSTEEN HOLDINGS PLC 0.01%TJX COS INC 6/15/2021 0.01%AST Portfolio Holdings135 of 635

AST FI Pyramis ® Quantitative Portfolio (continued)Security% of PortfolioARTISAN PARTNERS ASSET MA - 0.01%MASTERCARD INC 4/01/2024 0.01%WESTERN GAS 8/15/2018 0.01%EXPRESS SCRIPTS 6/15/2019 0.01%BNP PARIBAS 3/17/2019 0.01%VENTAS REALTY LP 4/17/2017 0.01%PHARMERICA CORP 0.01%AMERICREDIT AUTOMOBILE RECE 2/08/2019 0.01%FREEPORT-MC C&G 3/01/2022 0.01%ERP OPERATING LP 7/01/2019 0.01%FANNIE MAE 11/01/2043 0.01%FIFTH THIRD BANK 3/01/2019 0.01%HEALTH CARE REIT 9/15/2017 0.01%KIMCO REALTY 5/01/2021 0.01%INVESTMENT TECHNOLOGY GROUP 0.01%FP CORP 0.01%ENLINK MIDSTREAM 4/01/2019 0.01%ASTRONICS CORP 0.01%EXTRA SPACE STORAGE INC 0.01%AMERICAN INTL GRP 7/16/2019 0.01%FANNIE MAE 5/01/2043 0.01%NUMERICABLE TERM B-2 5/21/2020 0.01%GOVERNMENT NATIONAL MORTGAG 4/20/2044 0.01%CLICKSOFTWARE TE 0.01%NAGAILEBEN CO LTD 0.01%VERIZON COMM INC 6/09/2017 0.01%ENERGIZER HOLDINGS INC 0.01%PASON SYSTEMS INC 0.01%LTS BUYER LLC (SIDERA 4/13/2020 0.01%EATON VANCE CORP 0.01%SHANKS GROUP PLC 0.01%GS RETAIL CO LTD 0.01%TOD'S SPA 0.01%CARROLS RESTAURANT GROUP IN 0.01%JBS USA, LLC 9/18/2020 0.01%WAREHOUSES DE PAUW SCA 0.01%KINDER MORGAN EN 2/15/2018 0.01%NEWLINK GENETICS CORP 0.01%LANCASHIRE HOLDINGS LTD 0.01%ELIZABETH ARDEN INC 0.01%WOOD GROUP (JOHN) PLC 0.01%OC OERLIKON CORP AG-REG 0.01%OTTOGI CORPORATION 0.01%GFK SE 0.01%DIAMONDBACK ENERGY INC 0.01%OBERTHUR TECHNOLOGIES 10/18/2019 0.01%IXIA 0.01%MOTORCAR PARTS OF AMERICA I 0.01%TELESAT CANADA 3/28/2019 0.01%CHIYODA CO LTD 0.01%FANNIE MAE 6/01/2043 0.01%BIOSCRIP INC 0.01%PRYSMIAN SPA 0.01%GOURMET MASTER CO LTD 0.01%Security% of PortfolioSYNAGEVA BIOPHARMA CORP 0.01%CAPITAL ONE MULTI-ASSET EXE 9/16/2019 0.01%CBIZ INC 0.01%PIEDMONT OPERAT 3/15/2024 0.01%INVESTA OFFICE FUND 0.01%DSI RENAL TERM B 1LN 4/23/2021 0.01%CTS EVENTIM AG & CO KGAA 0.01%KT&G CORP 0.01%US TREASURY N/B 2/15/2024 0.01%CIVEO CORP 0.01%FANNIE MAE 12/25/2036 0.01%FIBERTECH NETWORK TM B-1 12/18/2019 0.01%FANNIE MAE 10/01/2043 0.01%RCS CAPITAL CORP-CLASS A 0.01%BUILDERS FIRSTSOURCE INC 0.01%PZ CUSSONS PLC 0.01%SUPER GROUP LTD 0.01%PENNON GROUP PLC 0.01%SEOBU T&D 0.01%ALON USA ENERGY INC 0.01%PREFORMED LINE PRODUCTS CO 0.01%PHOENIX SATELLITE TELEVISIO 0.01%GEORGE WASHINGTO 9/15/2044 0.01%FANNIE MAE 3/01/2044 0.01%POINTS INTERNATIONAL LTD 0.01%US CONCRETE INC 0.01%E-MART CO LTD 0.01%VERIZON COMM INC 9/15/2033 0.01%TGS NOPEC GEOPHYSICAL CO AS 0.01%HINDALCO INDU-144A GDR 0.01%US TREASURY N/B 10/15/2015 0.01%HULIC CO LTD 0.01%GAM HOLDING AG 0.01%NIPPON THOMPSON CO LTD 0.01%DETOUR GOLD CORP 0.01%CYTOKINETICS INC 0.01%GENTING HONG KONG LTD 0.01%REMGRO LTD 0.01%PRESIDENT CHAIN STORE CORP 0.01%CHEFS' WAREHOUSE INC/THE 0.01%INTESA SANPAOLO 6/26/2024 0.01%VENTAS REALTY LP 5/01/2024 0.01%ENBRIDGE INC 6/10/2024 0.01%GOLDCREST CO LTD 0.01%TEXWINCA HOLDINGS LTD 0.01%SINGAMAS CONTAINER HLDGS 0.01%GLOBAL BRASS & COPPER HOLDI 0.01%SHEARERS FOODS TERM 2LN 6/30/2022 0.01%GENTHERM INC 0.01%PLAYTECH PLC 0.01%ABLYNX NV 0.01%AMPLIFON SPA 0.01%YADKIN FINANCIAL CORP 0.01%TELEFONICA BRASIL S.A. 0.01%AST Portfolio Holdings136 of 635

AST FI Pyramis ® Quantitative Portfolio (continued)Security% of PortfolioCOMM MORTGAGE TRUST 6/10/2046 0.01%FANNIE MAE 5/01/2043 0.01%FREDDIE MAC 2/15/2036 0.01%CAPITAL SENIOR LIVING CORP 0.01%ALON USA PARTNERS TRM 11/26/2018 0.01%US RENAL CARE 7/03/2019 0.01%STHREE PLC 0.01%CHINA TELECOM CORP LTD-H 0.01%GENOMIC HEALTH INC 0.01%OPUS BANK 0.01%ZAYO GROUP TERM B 11/20/2020 0.01%EURONAV SA 0.01%ESSENTIAL ENERGY SERVICES T 0.01%QUINENCO S.A. 0.01%CELLDEX THERAPEUTICS INC 0.01%INTERNET INITIATIVE JAPAN 0.01%SHIP HEALTHCARE HOLDINGS IN 0.01%NATURAL GROCERS BY VITAMIN 0.01%ARDMORE SHIPPING CORP 0.01%FANNIE MAE 2/01/2043 0.01%SHINKO ELECTRIC INDUSTRIES 0.01%FANNIE MAE 10/01/2043 0.01%HEALTH CARE REIT INC 0.01%STADIUM MNG TERM B 1LN 2/27/2020 0.01%SHINHAN FINANCIAL GROUP LTD 0.01%FLOATEL INTL TERM B 5/23/2020 0.01%FANNIE MAE 3/01/2043 0.01%FANNIE MAE 11/01/2043 0.01%BAYONNE ENERGY TERM B 6/30/2021 0.01%FANNIE MAE 12/01/2040 0.01%EZCHIP SEMICONDUCTOR LTD 0.01%COTT CORPORATION 0.01%NATIONAL HOLDINGS CORP 0.01%MPH ACQUISITION 3/31/2021 0.01%WILLIAMS PARTNER 3/04/2044 0.01%AXIATA GROUP BERHAD 0.01%KRONOS WORLDWIDE 4/30/2020 0.01%BOARDWALK REAL ESTATE INVES 0.01%REYNOLDS GROUP HOLDING 12/01/2018 0.01%CANADIAN NATL RE 4/15/2024 0.01%LS INDUSTRIAL SYSTEMS 0.01%IDERA PHARMACEUTICALS INC 0.01%WASHINGTON PRIME GROUP 0.01%SENIOR PLC 0.01%REGIONAL MANAGEMENT CORP 0.01%US TREASURY N/B 4/30/2016 0.01%TIME WARNER INC 6/15/2042 0.01%HAVAS SA 0.01%LEXINGTON REALTY 6/15/2024 0.01%SCOR SE 0.01%MONADELPHOUS GROUP LTD 0.01%PANDA MOXIE PATRIOT TM B 12/19/2020 0.01%PANDA TEMPLE POWER II, LLC 4/03/2019 0.01%PHARMEDIUM HEALTH TRM 2LN 1/28/2022 0.01%Security% of PortfolioFANNIE MAE 12/01/2040 0.01%CHROMA ATE INC 0.01%PANDA SHERMAN POWER 9/14/2018 0.01%CHIEF OIL & GAS TERM 2LN 5/16/2021 0.01%BIOMED REALTY LP 5/01/2019 0.01%ARYSTA LIFESCI TRM B 2LN 11/30/2020 0.01%NASPERS LTD-N SHS 0.01%PETROBRAS 5/20/2023 0.01%MURRAY ENERGY CORP TL B 1L 12/05/2019 0.01%MOHEGAN TRIBAL 11/19/2019 0.01%OCEAN RIG DOV TERM B 7/18/2021 0.01%STATER BROS TERM B 5/12/2021 0.01%WAL-MART STORES 4/22/2044 0.01%TNT CRANE TERM 2LN 11/26/2021 0.01%INTERGEN TERM B 6/15/2020 0.01%KRONOS TERM B 1ST LIEN 10/30/2019 0.01%REXAM TERM 2LN 04 11 22 5/02/2022 0.01%RAVAGO HLDGS 12/20/2020 0.01%SCHAEFFLER TERM E 5/12/2020 0.01%DSI RENAL TERM 10/22/2021 0.01%CATALINA MARKET TRM B 1LN 4/09/2021 0.01%EXGEN RENEWABLES 2/06/2021 0.01%TGI FRIDAYS 6/30/2020 0.01%SERCO GROUP PLC 0.01%GOVERNMENT NATIONAL MORTGAG 8/15/2039 0.01%WAYNE FUELING TERM B 1LN 6/19/2021 0.01%RENAISSANCE LEARN 4/09/2021 0.01%GROCERY OUTLET TM B-1 12/17/2018 0.01%CTCI CORP 0.01%MOTOR CITY TERM B 3/01/2017 0.01%SECURUS TERM B 1LN 4/30/2020 0.01%HUB INTL TERM B-1 10/02/2020 0.01%CBS OUTDOOR TERM B 1/31/2021 0.01%XEBIO CO LTD 0.01%PLAYA RESORTS TERM B 8/09/2019 0.01%PATHEON 1/23/2021 0.01%SRAM ERM B 4/10/2020 0.01%OTTER PRODUCTS TERM B 6/03/2020 0.01%OMEGA HEALTHCARE 4/01/2024 0.01%FIRST DATA CORP 3/23/2018 0.01%BERRY PLASTICS TM E INCR 1/06/2021 0.01%ENKA INSAAT VE SANAYI AS 0.01%RAMI LEVI CHAIN STORES HASH 0.01%CROWN CASTLE TERM LN 1/31/2021 0.01%CEC ENTERTAINMENT 2/12/2021 0.01%OKI ELECTRIC INDUSTRY CO LT 0.01%CACTUS WELLHEAD TERM LN 8/30/2020 0.01%FERRARA CANDY CO TM B 6/06/2018 0.01%CDW LLC 4/29/2020 0.01%YTL CORPORATION BERHAD 0.01%AGUAS ANDINAS SA-A 0.01%FLEURY SA 0.01%RICE ENERGY INC 0.01%GENERAC POWER TERM B 5/31/2020 0.01%AST Portfolio Holdings137 of 635

AST FI Pyramis ® Quantitative Portfolio (continued)Security% of PortfolioAON PLC 5/24/2043 0.01%AMER ELEC PWR 12/15/2022 0.01%TEVA PHARMACEUTICAL IND LTD 0.01%HENGAN INTL GROUP CO LTD 0.01%J CREW GROUP TERM B 3/05/2021 0.01%TAMINCO GLOBAL CHEMICA 2/15/2019 0.01%FANNIE MAE 10/01/2042 0.01%FANNIE MAE 10/01/2041 0.01%FANNIE MAE 11/01/2041 0.01%AMER ENERGY/AEPB 8/01/2019 0.01%ANGLO AMERICAN 4/15/2021 0.01%PETROBRAS 3/17/2017 0.01%PHARMEDIUM HLTH 1/28/2021 0.01%FANNIE MAE 9/01/2040 0.01%KITE REALTY GROUP TRUST 0.01%CORRECTIONS CORP 0.01%BANK NOVA SCOTIA 7/21/2021 0.01%FORD CREDIT AUTO LEASE TRUS 4/17/2017 0.01%ESSEX PORTFOLIO 5/01/2024 0.01%NORDEA BANK AB 4/04/2019 0.01%COCA-COLA HBC AG-CDI 0.01%GS MORTGAGE SECURITIES TRUS 11/10/2039 0.01%COTT CORPORATION 0.01%CHINA LIFE INSURANCE CO LTD 0.01%LEXINGTON REALTY TRUST 0.01%ANCHOR GLASS TERM B 5/16/2021 0.01%MCKESSON CORP 2.3% 3/15/2019 0.01%CARRIAGE SERVICES INC 0.01%MORGAN STANLEY CAPITAL I TR 7/12/2044 0.01%BEAR STEARNS COMMERCIAL MOR 12/11/2038 0.01%GE COMMERCIAL MORTGAGE CORP 3/10/2044 0.01%GRANITE MORTGAGES PLC. 3/20/2044 0.01%CENTERPOINT ENERGY INC 0.01%NCR CORPORATION 0.01%VALEANT PHARMACEUTICAL 2/13/2019 0.01%LIBERBANK SA 0.01%ESSEX PORTFOLIO 3/15/2017 0.01%MILLICOM INTL CELLULAR-SDR 0.01%DONCASTERS TERM B 1LN 04 1 4/09/2020 0.01%SQUARE 1 FINANCIAL INC 0.01%PETROBRAS 5/20/2043 0.01%REPLIGEN CORP 0.01%FANNIE MAE 6/01/2041 0.01%AIA GROUP 3/11/2019 0.01%ROHTO PHARMACEUTICAL CO LTD 0.01%FOMENTO ECONOMICO MEXICA-UB 0.01%WEYERHAEUSER CO 0.01%ENABLE MIDSTRM 5/15/2019 0.01%CENGAGE TERM 1LN EXIT 3/15/2020 0.01%WESTERN GAS PART 4/01/2044 0.01%TRICAN WELL SERVICE LTD 0.01%FORD MOTOR CO 1/15/2043 0.01%CHINA PACIFIC INSURANCE GR- 0.01%FANNIE MAE 6/01/2041 0.01%Security% of PortfolioFANNIE MAE 11/01/2043 0.01%BERKSHIRE HATHAW 11/15/2043 0.01%BRAMMER PLC 0.01%CME GROUP INC 9/15/2043 0.01%ENTERPRISE PRODU 2/15/2045 0.01%BANCO NAC DESENV 9/26/2023 0.01%MIZRAHI TEFAHOT BANK LTD 0.01%CISCO SYSTEMS 1/15/2040 0.01%METLIFE INC 8/13/2042 0.01%NISOURCE FIN CP 2/15/2044 0.01%ANADARKO PETRO 9/15/2036 0.01%NOBLE ENERGY INC 11/15/2043 0.01%CSX CORP 3/15/2044 0.01%WELLPOINT INC 5/15/2042 0.01%INTEL CORP 12/15/2042 0.01%BURLINGTON NORTH 4/01/2044 0.01%HSBC HOLDINGS 3/14/2044 0.01%TRANSMISSORA ALIANCA DE-UNI 0.01%DAIRY CREST GROUP PLC 0.01%GOVERNMENT NATIONAL MORTGAG 10/20/2040 0.01%TRINET GROUP INC 0.01%SABMILLER HLD IN 1/15/2042 0.01%PLAINS ALL AMER 6/01/2042 0.01%HSBC HLDGS PLC 6/01/2038 0.01%PHILLIPS 66 5/01/2042 0.01%MINOR INTERNATIONAL PCL-NVD 0.01%CVS CAREMARK 5/15/2041 0.01%THERMO FISHER 2/01/2044 0.01%BURLINGTON NORTH 3/15/2043 0.01%PACIFIC GAS&ELEC 8/15/2042 0.01%MOODY'S CORP 7/15/2044 0.01%GOVERNMENT NATIONAL MORTGAG 6/15/2040 0.01%MICROSOFT CORP 12/15/2043 0.01%LIN TV CORP 12/21/2018 0.01%EXPRESS SCRIPTS 11/15/2041 0.01%AMGEN INC 5/15/2043 0.01%CONOCOPHILLIPS 2/01/2039 0.01%SIMON PROP GP LP 3/15/2042 0.01%WILLIAMS COS INC 1/15/2023 0.01%SEMPRA ENERGY 12/01/2023 0.01%HOME DEPOT INC 12/16/2036 0.01%SECURITY BANK CORP 0.01%ORACLE CORP 7/15/2040 0.01%WALGREEN CO 9/15/2042 0.01%US T-BILL 0.028407% 8/21/2014 0.01%US TREASURY BILLS .0252% 9/18/2014 0.01%AMER INTL GROUP 2/15/2024 0.01%PROGRESSIVE WASTE SOLUTIONS 0.01%TAIWAN MOBILE CO LTD 0.01%NATURA COSMETICOS SA 0.01%CIA BRASILEIRA DE DIS-PREF 0.01%COUSINS PROPERTIES INC 0.01%LEVEL 3 FINANCING, INC 1/15/2020 0.01%UNIVERSAL HEALTH SERVICES-B 0.01%AST Portfolio Holdings138 of 635

AST FI Pyramis ® Quantitative Portfolio (continued)Security% of PortfolioVALEANT PHARMACEUTICAL 8/05/2020 0.01%MACDERMID, INC 6/07/2020 0.01%CEDAR REALTY TRUST INC 0.01%ORIENT-EXPRESS HOTEL TM B 3/19/2021 0.01%BANREGIO GRUPO FINANCIERO S 0.01%GS MORTGAGE SECURITIES TRUS 4/10/2038 0.01%MEGACABLE HOLDINGS-CPO 0.01%FANNIE MAE 5/25/2037 0.01%CHINA LONGYUAN POWER GROUP- 0.01%FLY FUNDING II S. - /L B 8/09/2019 0.01%FANNIE MAE 11/01/2042 0.01%PARTY CITY HLDG 7/27/2019 0.01%FANNIE MAE 11/01/2042 0.01%TERRAFORM TERM B 7/02/2019 0.01%AVALONBAY COMMUNITIES INC 0.01%CHINA MERCHANTS HLDGS INTL 0.01%WOWPRIME CORP 0.01%ALCATEL-LUCENT 1/30/2019 0.01%FANNIE MAE 7/01/2043 0.01%MOMENTIVE PERF TERM DIP 4/15/2015 0.01%EMBOTELLADORA ANDINA-ADR B 0.01%VTECH HOLDINGS LTD 0.01%CHINA COMMUNICATIONS SERVI- 0.01%VANTAGE DRILLING CO 0.01%VORNADO REALTY TRUST 0.01%KIWOOM SECURITIES CO LTD 0.01%AXALTA COATING SYSTEMS 2/01/2020 0.01%GOVERNMENT NATIONAL MORTGAG 4/20/2044 0.01%WESTERN GAS 6/01/2021 0.01%BANK RAKYAT INDONESIA PERSE 0.01%BOLSA MEXICANA DE VALORES S 0.01%DOOSAN INFRACORE TERM B 5/28/2021 0.01%SDL PLC 0.01%CHICONY ELECTRONICS CO LTD 0.01%CONSORCIO ARA S.A.B.-SER * 0.01%ENN ENERGY HOLDINGS LTD 0.01%BRAZIL REP OF 1/27/2045 0.01%GOODBABY INTERNATIONAL HOLD 0.01%FANNIE MAE 4/01/2037 0.01%KING SLIDE WORKS CO LTD 0.01%KIMBERLY-CLARK DE MEXICO-A 0.01%ORANGE POLSKA SA 0.01%INTERLINE BRNDS TERM B 3/21/2021 0.01%PEAK 10 TERM B 1LN 6/17/2021 0.01%SHEARERS FOODS TRM B 1LN 6/19/2021 0.01%TOP GLOVE CORP BHD 0.01%ENERGY FUTURE IN 4/28/2016 0.01%SHOPRITE HOLDINGS LTD 0.01%ALEXANDRIA REAL 1/15/2020 0.01%GOVERNMENT NATIONAL MORTGAG 3/20/2044 0.01%COPPER MOUNTAIN MINING CORP 0.01%PPL CAPITAL FDG 3/15/2024 0.01%ASOS PLC 0.01%TERRENO REALTY CORP 0.01%Security% of PortfolioCHS/COMMUNITY HEALTH S 1/25/2017 0.01%24 HOUR FITNESS TERM B 5 2 5/20/2021 0.01%WILLIAMS PARTNER 1/15/2045 0.01%SILERGY CORP 0.01%THAI UNION FROZEN PROD-FORE 0.01%TRACTEBEL ENERGIA SA 0.01%ATLANTIC POWER 2/24/2021 0.01%SPIRIT REALTY CAPITAL INC 0.01%TONG REN TANG TECHNOLOGIES- 0.01%WIPRO LTD-ADR 0.01%FANNIE MAE 7/01/2043 0.01%SPECTRA PARTNERS 9/25/2043 0.01%GOVERNMENT NATIONAL MORTGAG 2/15/2040 0.01%ST SHINE OPTICAL CO LTD 0.01%ING US INC 7/15/2043 0.01%VANTIV LLC 6/11/2021 0.01%EPISTAR CORP 0.01%FANNIE MAE 1/01/2043 0.01%ARC GROUP WORLDWIDE INC 0.01%SHANDONG WEIGAO GP MEDICAL- 0.01%GOVERNMENT NATIONAL MORTGAG 3/15/2040 0.01%ALIXPARTNERS, LLP 7/10/2020 0.01%EVERLIGHT ELECTRONICS CO LT 0.01%GOVERNMENT NATIONAL MORTGAG 6/15/2040 0.01%MAN WAH HOLDINGS LTD < 0.01%RED LOBSTER TERM B 7/11/2021 < 0.01%CHESAPEAKE ENRGY 4/15/2019 < 0.01%EXCEL TRUST INC < 0.01%TRAVELCLICK TERM B 1LN 5/06/2021 < 0.01%LEXTAR ELECTRONICS CORP < 0.01%CONTINENTAL RESO 6/01/2044 < 0.01%DREAM INDUSTRIAL REAL ESTAT < 0.01%FANNIE MAE 7/01/2041 < 0.01%OVERSEAS SHIP OBS TERM B 7/07/2019 < 0.01%AMERIFORGE TERM B 1LN 12/19/2019 < 0.01%LIBERTY CBL PR 6/30/2023 < 0.01%LANDMARK AV TERM 1LN AO 10/25/2019 < 0.01%HCA INC 5/01/2018 < 0.01%CATALINA MARKET TERM 2LN 4/11/2022 < 0.01%BMC SOFTWARE IRISH TRM B 9/10/2020 < 0.01%USIC HOLDINGS TERM B 7/29/2020 < 0.01%ENBRIDGE INC 6/10/2044 < 0.01%ELECTRONIC FUNDS TM B 1LN 5/29/2021 < 0.01%FANNIE MAE 2/01/2044 < 0.01%PORT AUTH N Y & N J 11/01/2040 < 0.01%NUMERICABLE 5/15/2019 < 0.01%FANNIE MAE 6/01/2041 < 0.01%FANNIE MAE 4/01/2033 < 0.01%CCM MERGER TERM LN 8/30/2021 < 0.01%FIRSTENERGY CORP 11/15/2031 < 0.01%CITGO PETROLEUM 8/15/2022 < 0.01%GINKO INTERNATIONAL CO LTD < 0.01%DCP MIDSTREAM 9/30/2021 < 0.01%AMER INTL GROUP 12/15/2020 < 0.01%AST Portfolio Holdings139 of 635

AST FI Pyramis ® Quantitative Portfolio (continued)Security% of PortfolioHEWLETT-PACK CO 9/15/2041 < 0.01%JERONIMO MARTINS < 0.01%ACADIA REALTY TRUST < 0.01%FANNIE MAE 9/01/2042 < 0.01%LONZA GROUP AG-REG < 0.01%TK CORPORATION < 0.01%FED HOME LN BANK 5/24/2017 < 0.01%DIGICEL TERM D-2 3/31/2019 < 0.01%GOVERNMENT NATIONAL MORTGAG 8/20/2041 < 0.01%COLUMBUS INTL 3/30/2021 < 0.01%ERP OPERATING LP 7/01/2044 < 0.01%FANNIE MAE 2/01/2044 < 0.01%FREDDIE MAC 10/01/2043 < 0.01%CON EDISON NY 3/15/2044 < 0.01%AMSURG CORP TERM B 7/08/2021 < 0.01%TAMPA ELECTRIC 5/15/2044 < 0.01%FANNIE MAE 11/01/2029 < 0.01%ENABLE MIDSTRM 5/15/2044 < 0.01%FOUR SEASONS 6/27/2020 < 0.01%BRAZIL REP OF 1/07/2041 < 0.01%WALT DISNEY CO 6/01/2044 < 0.01%HESS CORP 2/15/2041 < 0.01%EDISON OPTO CORP < 0.01%AES CORP 6/01/2019 < 0.01%AZ CHEM TERM B 1LN 6/10/2021 < 0.01%GEOVISION INC < 0.01%GOVERNMENT NATIONAL MORTGAG 10/15/2039 < 0.01%CUSTOM SENSORS & TCH TM B 6/30/2021 < 0.01%FANNIE MAE 9/01/2043 < 0.01%GOLDMAN SACHS GP 10/01/2037 < 0.01%FANNIE MAE 10/01/2042 < 0.01%INGERSOLL-RND GL 6/15/2043 < 0.01%VIACOM INC 9/01/2043 < 0.01%PNC FINANCIAL 4/29/2024 < 0.01%C&S GROUP 7/15/2022 < 0.01%PLANET FITNESS 3/31/2021 < 0.01%FANNIE MAE 8/01/2041 < 0.01%CITGO TERM LN 7/23/2021 < 0.01%POST HOLDINGS TERM B 6/02/2021 < 0.01%GOVERNMENT NATIONAL MORTGAG 11/15/2039 < 0.01%PG&E CORP 3/01/2019 < 0.01%FANNIE MAE 4/01/2041 < 0.01%JC PENNEY ABL TERM B 6/20/2019 < 0.01%GEMINI HDPE TERM LN 7/24/2021 < 0.01%FANNIE MAE 9/01/2041 < 0.01%ANHEUSER-BUSCH 1/17/2043 < 0.01%HOME DEPOT INC 3/15/2045 < 0.01%SEMPRA ENERGY 6/15/2024 < 0.01%GUARDIAN LIFE IN 6/19/2064 < 0.01%BIOMED REALTY LP 7/15/2022 < 0.01%ROCHE HLDGS INC 3/01/2039 < 0.01%DCP MIDSTREAM OP 4/01/2019 < 0.01%FANNIE MAE 2/25/2042 < 0.01%PEAK 10 TERM 2LN 6/17/2022 < 0.01%Security% of PortfolioCYRUSONE INC < 0.01%UTEX TERM B 1LN 5/15/2021 < 0.01%LIBERTY CBL PR 6/30/2021 < 0.01%POLYMER GROUP TERM B 12/19/2019 < 0.01%KRONOS TERM 2LN AO 2/18/2020 < 0.01%FANNIE MAE 4/01/2043 < 0.01%AFRICAN BANK INVESTMENTS LT < 0.01%VERITIV CORP < 0.01%SOUTHCROSS HOLDCO TL B 7/29/2021 < 0.01%FANNIE MAE 7/01/2041 < 0.01%SELECT INCOME REIT < 0.01%EXTENDED STAY TERM B 6/06/2019 < 0.01%UNITED TECH CORP 6/01/2042 < 0.01%FANNIE MAE 10/01/2041 < 0.01%NEUROCRINE BIOSCIENCES INC < 0.01%FANNIE MAE 8/01/2043 < 0.01%WELLS FARGO CO 6/03/2026 < 0.01%JOHN DEERE CAP 6/12/2024 < 0.01%RYMAN HOSPITLTY TERM B 1/15/2021 < 0.01%US TREASURY BILLS .0295% 8/21/2014 < 0.01%GOVERNMENT NATIONAL MORTGAG 11/15/2039 < 0.01%FANNIE MAE 10/01/2043 < 0.01%FANNIE MAE 7/01/2043 < 0.01%FANNIE MAE 9/01/2043 < 0.01%GOVERNMENT NATIONAL MORTGAG 10/15/2039 < 0.01%FANNIE MAE 7/01/2043 < 0.01%CENVEO CORP 8/01/2019 < 0.01%KRONOS TERM B AO 1LN 10/30/2019 < 0.01%GOVERNMENT NATIONAL MORTGAG 2/20/2041 < 0.01%CATERPILLAR INC 5/15/2064 < 0.01%PROGRESSIVE CORP 4/25/2044 < 0.01%CATERPILLA INC 4.3% 5/15/2044 < 0.01%SOUTHCROSS ENERGY TERM B 7/29/2021 < 0.01%DUKE REALTY CORP < 0.01%SURGERY PRT TERM LN 7/24/2020 < 0.01%FAIRPOINT COMMUNICATIONS 8/15/2019 < 0.01%PHOENIX COMPANIES INC < 0.01%AMIRA NATURE FOODS LTD < 0.01%FANNIE MAE 10/01/2042 < 0.01%FANNIE MAE 8/01/2041 < 0.01%ALINTA ENERGY FIN TM B DD 8/13/2018 < 0.01%AZ CHEM TERM 2LN 6/10/2022 < 0.01%FANNIE MAE 9/01/2041 < 0.01%PUGET ENERGY 6.5% 12/15/2020 < 0.01%FANNIE MAE 11/01/2040 < 0.01%FANNIE MAE 9/01/2040 < 0.01%EMPIRE GEN TERM SYN C 3/13/2021 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FREDDIE MAC 10/01/2043 < 0.01%FANNIE MAE 3/01/2044 < 0.01%POLYMER TERM D/D AO 12/19/2019 < 0.01%FANNIE MAE 9/01/2041 < 0.01%FANNIE MAE 10/01/2043 < 0.01%FANNIE MAE 4/01/2041 < 0.01%AST Portfolio Holdings140 of 635

AST FI Pyramis ® Quantitative Portfolio (continued)Security% of PortfolioFANNIE MAE 11/01/2043 < 0.01%FANNIE MAE 10/01/2040 < 0.01%US RENAL TERM 7/03/2020 < 0.01%FANNIE MAE 10/01/2040 < 0.01%FANNIE MAE 9/01/2040 < 0.01%GOVERNMENT NATIONAL MORTGAG 10/15/2040 < 0.01%FANNIE MAE 10/01/2043 < 0.01%US T-BILL 0.02320% 9/18/2014 < 0.01%US TBILL .026482759% 10/23/2014 < 0.01%FANNIE MAE 8/01/2041 < 0.01%FANNIE MAE 5/01/2041 < 0.01%GOVERNMENT NATIONAL MORTGAG 7/15/2040 < 0.01%SUN COMMUNITIES INC < 0.01%FANNIE MAE 6/01/2033 < 0.01%STARWOOD HOTELS & RESORTS < 0.01%GOVERNMENT NATIONAL MORTGAG 11/15/2033 < 0.01%UNIQURE B.V. < 0.01%TPF II LC, LLC TL 1L 8/21/2019 < 0.01%FANNIE MAE 12/01/2033 < 0.01%S SPOT AUD 8/05/2014 < 0.01%S SPOT GBP 8/01/2014 < 0.01%S SPOT GBP 8/01/2014 < 0.01%S SPOT NOK 8/01/2014 < 0.01%S SPOT SGD 8/04/2014 < 0.01%S SPOT AUD 8/01/2014 < 0.01%S SPOT SEK 8/04/2014 < 0.01%S SPOT NOK 8/04/2014 < 0.01%S SPOT DKK 8/01/2014 < 0.01%S SPOT SEK 8/01/2014 < 0.01%AUSTRALIAN DOLLAR < 0.01%S SPOT GBP 8/04/2014 < 0.01%S SPOT HK 8/01/2014 < 0.01%FANNIE MAE 8/01/2044 < 0.01%DUFRY RIGHTS EX < 0.01%FANNIE MAE 8/01/2038 < 0.01%JAPANESE YEN < 0.01%FANNIE MAE 8/01/2044 < 0.01%S SPOT HK 8/04/2014 < 0.01%L SPOT HK 8/01/2014 < 0.01%S SPOT CND 8/01/2014 < 0.01%L SPOT EUR 8/01/2014 < 0.01%L SPOT CHF 8/04/2014 < 0.01%L SPOT GBP 8/01/2014 < 0.01%L SPOT JPY 1 8/04/2014 < 0.01%CANADIAN DOLLAR < 0.01%HONG KONG DOLLAR < 0.01%L SPOT AUD 8/05/2014 < 0.01%TAIWAN DOLLAR < 0.01%UK POUND STERLING < 0.01%EUROPEAN CURRENCY < 0.01%(S)CMEC SWAP IRS 1.0V 9/17/2016 < 0.01%(S)CMEC SWAP IRS 1.50 9/17/2017 < 0.01%(S)CME FSWP IRS 9/17/2044 -0.01%141 of 635AST Portfolio Holdings

AST FQ Absolute Return Currency PortfolioSecurity% of PortfolioUS TREASURY BILLS 10/23/2014 28.92%AUSTRALIAN GOVT. 10/21/2014 18.00%GERMAN T-BILL 10/15/2014 12.91%PRUDENTIAL CORE INVESTMENT 12.13%DUTCH TSY CERT 10/31/2014 10.33%CANADA T-BILL 10/09/2014 8.83%BTF 10/02/2014 7.49%S FRWD SEK 9/17/2014 2.77%S FRWD CHF 9/17/2014 1.13%S FRWD NOK 9/17/2014 0.32%S FRWD EUR 9/17/2014 0.29%L FRWD GBP 9/17/2014 0.19%S FRWD EUR 9/17/2014 0.17%S FRWD NOK 9/17/2014 0.15%S FRWD EUR 9/17/2014 0.14%S FRWD NZD 9/17/2014 0.14%S FRWD NZD 9/17/2014 0.13%S FRWD EUR 9/17/2014 0.13%EUROPEAN CURRENCY 0.13%S FRWD EUR 9/17/2014 0.12%S FRWD EUR 9/17/2014 0.10%S FRWD NZD 9/17/2014 0.09%S FRWD NOK 9/17/2014 0.09%S FRWD AUD 9/17/2014 0.09%S FRWD EUR 9/17/2014 0.09%S FRWD EUR 9/17/2014 0.08%S FRWD GBP 9/17/2014 0.08%S FRWD EUR 9/17/2014 0.07%S FRWD NZD 9/17/2014 0.07%S FRWD NOK 9/17/2014 0.07%S FRWD EUR 9/17/2014 0.07%S FRWD NOK 9/17/2014 0.07%S FRWD NOK 9/17/2014 0.06%S FRWD AUD 9/17/2014 0.06%S FRWD EUR 9/17/2014 0.06%S FRWD NZD 9/17/2014 0.06%S FRWD EUR 9/17/2014 0.06%S FRWD NZD 9/17/2014 0.05%S FRWD NZD 9/17/2014 0.05%S FRWD NZD 9/17/2014 0.05%S FRWD NOK 9/17/2014 0.04%S FRWD SEK 9/17/2014 0.04%S FRWD CHF 9/17/2014 0.04%S FRWD EUR 9/17/2014 0.04%S FRWD GBP 9/17/2014 0.04%S FRWD SEK 9/17/2014 0.04%S FRWD CHF 9/17/2014 0.04%S FRWD EUR 9/17/2014 0.03%S FRWD EUR 9/17/2014 0.03%S FRWD GBP 9/17/2014 0.03%L FRWD NZD 9/17/2014 0.03%S FRWD AUD 9/17/2014 0.03%S FRWD EUR 9/17/2014 0.02%L FRWD SGD 9/17/2014 0.02%Security% of PortfolioS FRWD GBP 9/17/2014 0.02%S FRWD CHF 9/17/2014 0.01%S FRWD EUR 9/17/2014 0.01%S FRWD GBP 9/17/2014 0.01%S FRWD JPY 9/17/2014 0.01%S FRWD NZD 9/17/2014 0.01%S FRWD JPY 9/17/2014 0.01%S FRWD JPY 9/17/2014 0.01%L FRWD GBP 9/17/2014 0.01%L FRWD SGD 9/17/2014 0.01%S FRWD AUD 9/17/2014 < 0.01%S FRWD JPY 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%S FRWD SEK 9/17/2014 < 0.01%AUSTRALIAN DOLLAR < 0.01%S FRWD EUR 9/17/2014 < 0.01%S FRWD JPY 9/17/2014 < 0.01%S FRWD GBP 9/17/2014 < 0.01%S FRWD JPY 9/17/2014 < 0.01%CANADIAN DOLLAR < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD CND 9/17/2014 < 0.01%S FRWD JPY 9/17/2014 < 0.01%L FRWD CHF 9/17/2014 < 0.01%L FRWD CND 9/17/2014 < 0.01%L FRWD SEK 9/17/2014 < 0.01%L FRWD CHF 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD CND 9/17/2014 < 0.01%L FRWD JPY 9/17/2014 -0.01%L FRWD SGD 9/17/2014 -0.01%L FRWD NOK 9/17/2014 -0.01%L FRWD CND 9/17/2014 -0.01%L FRWD AUD 9/17/2014 -0.01%L FRWD NOK 9/17/2014 -0.01%L FRWD AUD 9/17/2014 -0.01%L FRWD AUD 9/17/2014 -0.01%L FRWD CND 9/17/2014 -0.02%L FRWD SGD 9/17/2014 -0.02%L FRWD CHF 9/17/2014 -0.02%L FRWD CND 9/17/2014 -0.02%L FRWD JPY 9/17/2014 -0.02%L FRWD JPY 9/17/2014 -0.02%L FRWD SEK 9/17/2014 -0.02%L FRWD AUD 9/17/2014 -0.02%L FRWD SEK 9/17/2014 -0.02%S FRWD CND 9/17/2014 -0.03%L FRWD CHF 9/17/2014 -0.03%L FRWD CND 9/17/2014 -0.03%L FRWD AUD 9/17/2014 -0.04%L FRWD NOK 9/17/2014 -0.04%L FRWD NOK 9/17/2014 -0.05%L FRWD AUD 9/17/2014 -0.05%L FRWD CND 9/17/2014 -0.06%AST Portfolio Holdings142 of 635

AST FQ Absolute Return Currency Portfolio (continued)Security% of PortfolioL FRWD CHF 9/17/2014 -0.06%L FRWD NOK 9/17/2014 -0.06%L FRWD CND 9/17/2014 -0.06%L FRWD CHF 9/17/2014 -0.06%L FRWD SEK 9/17/2014 -0.07%L FRWD NZD 9/17/2014 -0.07%L FRWD CND 9/17/2014 -0.07%L FRWD SEK 9/17/2014 -0.08%L FRWD CND 9/17/2014 -0.08%L FRWD CND 9/17/2014 -0.08%L FRWD NZD 9/17/2014 -0.09%L FRWD CHF 9/17/2014 -0.09%L FRWD CND 9/17/2014 -0.09%L FRWD CND 9/17/2014 -0.10%L FRWD SEK 9/17/2014 -0.12%S FRWD SGD 9/17/2014 -0.12%L FRWD CND 9/17/2014 -0.12%L FRWD SEK 9/17/2014 -0.13%L FRWD NOK 9/17/2014 -0.16%L FRWD NZD 9/17/2014 -0.17%L FRWD SEK 9/17/2014 -0.19%L FRWD CND 9/17/2014 -0.20%L FRWD SEK 9/17/2014 -0.29%L FRWD JPY 9/17/2014 -0.64%L FRWD NOK 9/17/2014 -2.62%143 of 635AST Portfolio Holdings

AST Federated Aggressive Growth PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 4.49%DYNAVAX TECHNOLOGIES CORP 3.35%DEXCOM INC 2.14%ARAMEX PJSC 2.05%TOWER INTERNATIONAL INC 1.92%DSV A/S 1.89%SAMSONITE INTERNATIONAL SA 1.88%COMMVAULT SYSTEMS INC 1.68%AFFILIATED MANAGERS GROUP 1.66%CAESARSTONE SDOT 1.60%US SILICA HOLDINGS INC 1.59%ENVESTNET INC 1.55%BIODELIVERY SCIENCES INTL 1.49%MOOG INC-CLASS A 1.36%TELEDYNE TECHNOLOGIES INC 1.32%CUBIST PHARMACEUTICALS INC 1.32%SALIX PHARMACEUTICALS LTD 1.30%PROGENICS PHARMACEUTICALS 1.28%MEMORIAL RESOURCE DEVELOPME 1.22%AIR LEASE CORP 1.20%CINEDIGM CORP - A 1.13%RADWARE LTD 1.13%DEL FRISCO'S RESTAURANT GRO 1.12%H&E EQUIPMENT SERVICES INC 1.06%ALKERMES PLC 1.01%TEXTURA CORP 1.00%PUMA BIOTECHNOLOGY INC 0.99%SALVATORE FERRAGAMO SPA 0.98%INNOVATIVE SOLUTIONS & SUPP 0.93%TELECITY GROUP PLC 0.93%NUVASIVE INC 0.90%CEMEX LATAM HOLDINGS SA 0.89%CENTRAL EUROPEAN MEDIA ENT- 0.87%COSTAR GROUP INC 0.84%NEKTAR THERAPEUTICS 0.82%SYNCHRONOSS TECHNOLOGIES IN 0.81%SERVICEMASTER GLOBAL HOLDIN 0.80%EVERBANK FINANCIAL CORP 0.79%KAR AUCTION SERVICES INC 0.76%GRUBHUB INC 0.76%CLUBCORP HOLDINGS INC 0.76%INTERMUNE INC 0.75%YOOX SPA 0.75%TUTOR PERINI CORP 0.74%NAGACORP LTD 0.74%FINECOBANK SPA 0.69%CARRIZO OIL & GAS INC 0.68%LA QUINTA HOLDINGS INC 0.66%ARTISAN PARTNERS ASSET MA - 0.64%FLEETMATICS GROUP PLC 0.64%PARSLEY ENERGY INC-CLASS A 0.64%BROADSOFT INC 0.63%KAMAN CORP 0.61%STOCK BUILDING SUPPLY HOLDI 0.61%Security% of PortfolioCARDICA INC 0.59%AMIRA NATURE FOODS LTD 0.58%CENT EURO MEDIA 12/01/2017 0.58%SIX FLAGS ENTERTAINMENT COR 0.57%MICROSEMI CORP 0.56%ITT CORP 0.55%LUXOFT HOLDING INC 0.54%MARKETO INC 0.54%DEMANDWARE INC 0.53%NIMBLE STORAGE INC 0.52%EGALET CORP 0.52%CHANNELADVISOR CORP 0.52%VERMILION ENERGY INC 0.51%ZOGENIX INC 0.51%ELIOR SCA 0.51%MALIBU BOATS INC - A 0.51%CYRUSONE INC 0.50%WALKER & DUNLOP INC 0.49%ARISTA NETWORKS INC 0.49%VAIL RESORTS INC 0.49%RETAILMENOT INC 0.47%AMC ENTERTAINMENT HLDS-CL A 0.47%MELCO CROWN ENTERTAINME-ADR 0.47%ZOE'S KITCHEN INC 0.46%INSULET CORP 0.46%CATALYST PHARMACEUTICAL PAR 0.46%CORCEPT THERAPEUTICS INC 0.45%CENTURY COMMUNITIES INC 0.44%SHUTTERFLY INC 0.44%PROTALIX BIOTHERAPEUTICS IN 0.44%GW PHARMACEUTICALS -ADR 0.44%INTL MEAL COMP HOLDINGS SA 0.44%AREZZO INDUSTRIA E COMERCIO 0.43%STAAR SURGICAL CO 0.43%DORIAN LPG LTD 0.42%NIC INC 0.42%AGIOS PHARMACEUTICALS INC 0.41%CONCENTRADORA FIBRA HOTELER 0.41%ASPEN AEROGELS INC 0.41%PREMIERE GLOBAL SERVICES IN 0.41%VERSARTIS INC 0.41%VINCE HOLDING CORP 0.40%ULTRAGENYX PHARMACEUTICAL I 0.40%RINGCENTRAL INC-CLASS A 0.40%CVENT INC 0.39%JINKOSOLAR HOLDING CO-ADR 0.39%GALAPAGOS NV 0.38%MACROGENICS INC 0.37%CALAMP CORP 0.37%NN INC 0.36%SSP GROUP PLC 0.36%VERACYTE INC 0.36%ITC HOLDINGS CORP 0.35%NATIONAL CINEMEDIA INC 0.35%AST Portfolio Holdings144 of 635

AST Federated Aggressive Growth Portfolio (continued)Security% of PortfolioMERLIN ENTERTAINME 0.35%MONCLER SPA 0.34%VENAXIS INC 0.34%GOPRO INC-CLASS A 0.32%NORD ANGLIA EDUCATION INC 0.32%ATRICURE INC 0.30%TESSERA TECHNOLOGIES INC 0.30%RE/MAX HOLDINGS INC-CL A 0.30%CHICAGO BRIDGE & IRON CO NV 0.30%AMPHASTAR PHARMACEUTICALS I 0.29%RUBICON PROJECT INC/THE 0.29%2U INC 0.28%DYAX CORP 0.28%IMPRIVATA INC 0.28%FIVE BELOW 0.28%CBS OUTDOOR AMERICAS INC 0.27%GLOBANT SA 0.26%VEEVA SYSTEMS INC-CLASS A 0.26%AMBER ROAD INC 0.25%MARCUS & MILLICHAP INC 0.25%THOMPSON CREEK METALS CO IN 0.25%ZULILY INC - CL A 0.23%Q2 HOLDINGS INC 0.23%REPLIGEN CORP 0.23%HERON THERAPEUTICS INC 0.22%SEATTLE GENETICS INC 0.22%ALEXZA PHARMACEUTICALS INC 0.21%BRUNELLO CUCINELLI SPA 0.21%MONEYGRAM INTERNATIONAL INC 0.21%BUFFALO WILD WINGS INC 0.20%CAREDX INC 0.19%GTT COMMUNICATIONS INC 0.18%CALLIDUS SOFTWARE INC 0.18%MOBILEIRON INC 0.18%MARCHEX INC-CLASS B 0.18%LOUIS XIII HOLDINGS LTD 0.17%AEROHIVE NETWORKS INC 0.15%CENT EURO MEDIA 0.15%ZILLOW INC-CLASS A 0.14%THRESHOLD PHARMACEUTICALS 0.14%VARONIS SYSTEMS INC 0.14%CERAGON NETWORKS LTD 0.13%MATTSON TECHNOLOGY INC 0.12%INCONTACT INC 0.12%MEDIDATA SOLUTIONS INC 0.11%SUNESIS PHARMACEUTICALS INC 0.10%SYNACOR INC 0.08%BORDERFREE INC 0.08%INFOBLOX INC 0.08%PROTALIX BIOTHER 9/15/2018 0.08%NEXTERA ENERGY PARTNERS LP 0.05%CORCEPT THERA (PIPE) 0.04%THRESHOLD PHARMACEUTICALS W 0.02%MEDIABISTRO INC 0.02%Security% of PortfolioTERRAFORM POWER INC - A 0.02%GEVO INC 0.02%DYNAVAX TECHNOLOGIES CORP ( < 0.01%ADALTIS INC. < 0.01%ZOGENIX INC. WARRANTS < 0.01%ALEXZA PHARMAC (WARRANT) < 0.01%CORCEPT THERAPEUTICS WARR < 0.01%ADALTIS INC < 0.01%NORWEGIAN KRONE < 0.01%UK POUND STERLING < 0.01%AST Portfolio Holdings145 of 635

AST Franklin Templeton Founding Funds Allocation PortfolioSecurity% of PortfolioESU4 S&P 500 EMINI FUT 9/24/2014 6.10%UNITED STATES TREASURY BIL 8/14/2014 2.36%US TREASURY BILLS 8/14/2014 2.36%US TREASURY BILLS 2% 8/14/2014 2.36%UNITED STATES TREASURY BIL 8/14/2014 2.36%PRUDENTIAL CORE INVESTMENT 2.31%SAMSUNG ELECTRONICS CO LTD 2.27%MICROSOFT CORP 2.19%Z U4 FTSE 100 IDX FUT 9/24/2014 1.94%VGU4 EURO STOXX 50 9/23/2014 1.64%CITIGROUP INC 1.62%TEVA PHARMACEUTICAL-SP ADR 1.58%COMCAST CORP-SPECIAL CL A 1.50%ROCHE HOLDING AG-GENUSSCHEI 1.43%HEWLETT-PACKARD CO 1.31%AMERICAN INTERNATIONAL GROU 1.27%AMGEN INC 1.27%TALISMAN ENERGY INC 1.27%TOTAL SA 1.22%MICHELIN (CGDE) 1.21%SANOFI 1.19%HSBC HOLDINGS PLC 1.18%TPU4 TOPIX INDX FUTR 9/17/2014 1.15%MORGAN STANLEY 1.15%DEUTSCHE LUFTHANSA-REG 1.12%AKZO NOBEL 1.09%TURKCELL ILETISIM HIZMET-AD 1.09%BNP PARIBAS 1.07%MERCK & CO. INC. 1.06%POSCO 1.05%AVIVA PLC 1.05%TELEFONICA SA 1.04%GALP ENERGIA SGPS SA 1.04%PFIZER INC 1.04%CISCO SYSTEMS INC 1.03%PETROLEO BRASIL-SP PREF AD 0.99%GLAXOSMITHKLINE PLC 0.98%CRH PLC 0.96%MEDTRONIC INC 0.95%UNITED STATES T-BILLS 8/14/2014 0.94%CREDIT AGRICOLE SA 0.93%SINGAPORE TELECOMMUNICATION 0.92%NISSAN MOTOR CO LTD 0.91%NOBLE CORP PLC 0.90%UNICREDIT SPA 0.87%CREDIT SUISSE GROUP AG-REG 0.86%MMC NORILSK NICKEL JSC-ADR 0.86%BAKER HUGHES INC 0.85%TWENTY-FIRST CENTURY FOX-A 0.85%KINGFISHER PLC 0.84%JPMORGAN CHASE & CO 0.83%TESCO PLC 0.81%CVS CAREMARK CORP 0.80%SIEMENS AG-REG 0.79%Security% of PortfolioENI SPA 0.78%ERICSSON LM-B SHS 0.77%TNT EXPRESS NV 0.77%NAVISTAR INTERNATIONAL CORP 0.73%CHEVRON CORP 0.71%UNITED STATES TREASURY BILL 9/25/2014 0.71%TOYOTA MOTOR CORP 0.70%ING GROEP NV-CVA 0.70%MERCK KGAA 0.69%ACTAVIS PLC 0.69%GETINGE AB-B SHS 0.69%AXA SA 0.68%BP PLC 0.67%KB FINANCIAL GROUP INC 0.66%MUENCHENER RUECKVER AG-REG 0.66%ROYAL DUTCH SHELL PLC-B SHS 0.65%KUNLUN ENERGY CO LTD 0.62%CHINA SHENHUA ENERGY CO-H 0.62%WALT DISNEY CO/THE 0.61%SWISS RE AG 0.61%SERCO GROUP PLC 0.61%VODAFONE GROUP PLC 0.60%MOBILE TELESYSTEMS-SP ADR 0.59%INTERNATIONAL CONSOLIDATED 0.58%KONICA MINOLTA INC 0.56%SUNTRUST BANKS INC 0.54%KONINKLIJKE PHILIPS NV 0.54%FUGRO NV-CVA 0.53%FLSMIDTH & CO A/S 0.49%UNITED PARCEL SERVICE-CL B 0.49%VIVENDI 0.49%FEDEX CORP 0.48%LUKOIL OAO-SPON ADR 0.46%VERIZON COMMUNICATIONS INC 0.45%BEST BUY CO INC 0.45%HALLIBURTON CO 0.44%CHINA TELECOM CORP LTD-ADR 0.44%MAZDA MOTOR CORP 0.43%TARGET CORP 0.42%ALSTOM 0.41%QIAGEN N.V. 0.39%DBS GROUP HOLDINGS LTD 0.39%BAE SYSTEMS PLC 0.38%ICICI BANK LTD-SPON ADR 0.34%NN GROUP NV 0.34%COMMERZBANK AG 0.33%SAP SE 0.30%BANGKOK BANK PUBLIC CO-NVDR 0.23%NEWS CORP - CLASS A 0.22%METRO AG 0.21%DONGFANG ELECTRIC CORP LTD- 0.11%EURO 0.09%JAPAN YEN 0.07%UK POUND STERLING 0.06%AST Portfolio Holdings146 of 635

AST Franklin Templeton Founding Funds Allocation Portfolio (continueSecurity% of PortfolioSAIPEM SPA 0.03%EUROPEAN CURRENCY 0.03%TAIWAN DOLLAR < 0.01%HAYS PLC < 0.01%CANADIAN DOLLAR < 0.01%UK POUND STERLING < 0.01%HONG KONG DOLLAR < 0.01%147 of 635AST Portfolio Holdings

AST Franklin Templeton Founding Funds Plus PortfolioSecurity% of Portfolio(PDIZ) AST FRANKLIN TEMPLET 74.77%(PDMK) TEMPLETON BOND PORTF 25.22%PRUDENTIAL CORE INVESTMENT 0.01%148 of 635AST Portfolio Holdings

AST Franklin Templeton K2 Global Absolute Return PortfolioSecurity% of PortfolioTUM4S US 2YR NOTE (CBT) 10/08/2014 23.39%PRUDENTIAL CORE INVESTMENT 21.69%FRANKLIN-ST I-R6 13.14%TYU4 US 10YR NOTE (CBT) 10/05/2014 4.43%ESU4 S&P 500 EMINI FUT 9/24/2014 3.42%MESU4S MINI MSCI EMG MKT 9/24/2014 1.87%RTAU4 RUSSELL 2000 MINI 9/24/2014 1.32%ISHARES 1-3 YEAR TREASURY B 1.13%ISHARES RUSSELL 2000 ETF 0.99%DXU4 ICE DOLIDX SEP 14 10/05/2014 0.97%MICROSOFT CORP 0.78%SAMSUNG ELECTRONICS CO LTD 0.69%SPDR S&P 500 ETF TRUST 0.55%AMGEN INC 0.51%HEWLETT-PACKARD CO 0.51%COMCAST CORP-SPECIAL CL A 0.49%CITIGROUP INC 0.49%TEVA PHARMACEUTICAL-SP ADR 0.48%MEDTRONIC INC 0.48%SANOFI 0.45%TELEFONICA SA 0.45%MERCK & CO. INC. 0.44%TALISMAN ENERGY INC 0.43%AKZO NOBEL 0.43%PFIZER INC 0.42%TOTAL SA 0.42%DEUTSCHE LUFTHANSA-REG 0.42%NISSAN MOTOR CO LTD 0.42%ROCHE HOLDING AG-GENUSSCHEI 0.41%CISCO SYSTEMS INC 0.41%SIEMENS AG-REG 0.41%ISHARES YEAR TREASURY B 0.40%UNICREDIT SPA 0.40%CREDIT SUISSE GROUP AG-REG 0.40%MORGAN STANLEY 0.39%BNP PARIBAS 0.39%GLAXOSMITHKLINE PLC 0.39%GALP ENERGIA SGPS SA 0.39%SINGAPORE TELECOMMUNICATION 0.39%AMERICAN INTERNATIONAL GROU 0.38%AVIVA PLC 0.37%CRH PLC 0.37%NAVISTAR INTERNATIONAL CORP 0.36%TURKCELL ILETISIM HIZMET-AD 0.36%PETROLEO BRASIL-SP PREF AD 0.36%TOYOTA MOTOR CORP 0.35%POSCO 0.35%KB FINANCIAL GROUP INC-ADR 0.34%AXA SA 0.33%ROYAL DUTCH SHELL PLC-B SHS 0.32%MERCK KGAA 0.31%ERICSSON LM-B SHS 0.31%CVS CAREMARK CORP 0.31%JPMORGAN CHASE & CO 0.31%Security% of PortfolioCHEVRON CORP 0.31%HSBC HOLDINGS PLC 0.30%SWISS RE AG 0.30%ENI SPA 0.30%BP PLC 0.30%UNITED PARCEL SERVICE-CL B 0.30%SUNTRUST BANKS INC 0.30%ING GROEP NV-CVA 0.29%KINGFISHER PLC 0.28%VODAFONE GROUP PLC 0.27%CREDIT AGRICOLE SA 0.26%MICHELIN (CGDE) 0.26%GETINGE AB-B SHS 0.25%BAKER HUGHES INC 0.25%FLEXTRONICS INTL LTD 0.25%MUENCHENER RUECKVER AG-REG 0.25%MMC NORILSK NICKEL JSC-ADR 0.24%CHINA SHENHUA ENERGY CO-H 0.24%KUNLUN ENERGY CO LTD 0.24%FUGRO NV-CVA 0.23%ACTAVIS PLC 0.23%POWERSHARES DB US DOL IND B 0.23%SERCO GROUP PLC 0.22%TWENTY-FIRST CENTURY FOX-A 0.22%FLSMIDTH & CO A/S 0.21%ISHARES EURO STOXX50 UCITS 0.21%TESCO PLC 0.19%CHINA TELECOM CORP LTD-ADR 0.19%KONICA MINOLTA INC 0.18%DBS GROUP HOLDINGS LTD 0.17%QIAGEN N.V. 0.17%MOBILE TELESYSTEMS-SP ADR 0.17%WALT DISNEY CO/THE 0.16%BAE SYSTEMS PLC 0.16%FEDEX CORP 0.16%NEWS CORP - CLASS A 0.15%LUKOIL OAO-SPON ADR 0.15%TARGET CORP 0.14%METRO AG 0.14%CHINA MOBILE LTD 0.13%BEST BUY CO INC 0.09%SAIPEM SPA 0.08%BANGKOK BANK PUBLIC CO-NVDR 0.07%NN GROUP NV 0.07%HALLIBURTON CO 0.06%EUROPEAN CURRENCY 0.02%COMM SWAP TBL-BXIITSTP 11/04/2014 0.01%COMM SWAP TBL-JPEDIVMT JPM 11/02/2014 -0.01%EURO -0.04%COMM SWAP TBL-BXIIXTKP 11/04/2014 -0.04%COMM SWAP TBL-MSUSVXHE 10/31/2014 -0.05%AST Portfolio Holdings149 of 635

AST Global Real Estate PortfolioSecurity% of PortfolioSIMON PROPERTY GROUP INC 4.78%MITSUI FUDOSAN CO LTD 4.01%SUN HUNG KAI PROPERTIES 4.00%MITSUBISHI ESTATE CO LTD 3.69%UNIBAIL-RODAMCO SE 2.24%BOSTON PROPERTIES INC 2.13%VENTAS INC 2.06%PUBLIC STORAGE 2.04%HOST HOTELS & RESORTS INC 1.65%GENERAL GROWTH PROPERTIES 1.58%SUMITOMO REALTY & DEVELOPME 1.57%PROLOGIS INC 1.57%UDR INC 1.56%WESTFIELD CORP 1.43%LAND SECURITIES GROUP PLC 1.39%DAIWA HOUSE INDUSTRY CO LTD 1.35%POST PROPERTIES INC 1.34%BRITISH LAND CO PLC 1.33%DUKE REALTY CORP 1.27%CHEUNG KONG HOLDINGS LTD 1.26%CAMDEN PROPERTY TRUST 1.22%AVALONBAY COMMUNITIES INC 1.20%HAMMERSON PLC 1.01%EMPIRE STATE REALTY TRUST-A 0.97%DDR CORP 0.93%HENDERSON LAND DEVELOPMENT 0.92%GLIMCHER REALTY TRUST 0.87%VORNADO REALTY TRUST 0.87%CHESAPEAKE LODGING TRUST 0.87%ALEXANDRIA REAL ESTATE EQUI 0.87%STRATEGIC HOTELS & RESORTS 0.86%HUDSON PACIFIC PROPERTIES I 0.86%KILROY REALTY CORP 0.85%AEON MALL CO LTD 0.84%COLUMBIA PROPERTY TRUST INC 0.84%FIRST INDUSTRIAL REALTY TR 0.82%SCENTRE GROUP 0.81%REGENCY CENTERS CORP 0.80%SPIRIT REALTY CAPITAL INC 0.79%HEALTH CARE REIT INC 0.78%STARWOOD HOTELS & RESORTS 0.76%KEPPEL REIT 0.74%CAPITALAND LTD 0.73%SUNTEC REIT 0.70%FIRST POTOMAC REALTY TRUST 0.70%FONCIERE DES REGIONS 0.69%HILTON WORLDWIDE HOLDINGS I 0.69%GOODMAN GROUP 0.67%MACK-CALI REALTY CORP 0.67%DEXUS PROPERTY GROUP 0.66%MACERICH CO/THE 0.66%GPT GROUP 0.65%AMERICAN CAMPUS COMMUNITIES 0.63%TAUBMAN CENTERS INC 0.62%Security% of PortfolioSINO LAND CO 0.61%HONGKONG LAND HOLDINGS LTD 0.61%STOCKLAND 0.60%MAPLETREE COMMERCIAL TRUST 0.59%KLEPIERRE 0.58%PHYSICIANS REALTY TRUST 0.56%MIRVAC GROUP 0.55%SEGRO PLC 0.54%FOREST CITY ENTERPRISES-CL 0.54%LEXINGTON REALTY TRUST 0.53%EXCEL TRUST INC 0.52%ESSEX PROPERTY TRUST INC 0.51%BOARDWALK REAL ESTATE INVES 0.51%ALSTRIA OFFICE REIT-AG 0.48%EUROCOMMERCIAL PROPERTIE-CV 0.48%CA IMMOBILIEN ANLAGEN AG 0.47%PIEDMONT OFFICE REALTY TRU- 0.47%ATRIUM LJUNGBERG AB-B SHS 0.46%SOVRAN SELF STORAGE INC 0.46%HEALTHCARE TRUST OF AMERICA 0.45%EXTRA SPACE STORAGE INC 0.45%ASCENDAS REAL ESTATE INV TR 0.44%MAPLETREE INDUSTRIAL TRUST 0.44%WHARF HOLDINGS LTD 0.43%GREAT PORTLAND ESTATES PLC 0.42%LEG IMMOBILIEN AG 0.42%GREEN REIT PLC 0.41%NIPPON PROLOGIS REIT INC 0.41%GAGFAH SA 0.41%HCP INC 0.41%LINK REIT 0.39%STAG INDUSTRIAL INC 0.38%SL GREEN REALTY CORP 0.38%HULIC CO LTD 0.38%ICADE 0.38%RIOCAN REAL ESTATE INVST TR 0.38%INVESTA OFFICE FUND 0.37%CUBESMART 0.37%CAPITAMALL TRUST 0.36%HERSHA HOSPITALITY TRUST 0.36%WERELDHAVE NV 0.35%HEALTHCARE REALTY TRUST INC 0.35%ACTIVIA PROPERTIES INC 0.35%CFS RETAIL PROPERTY TRUST G 0.35%PROLOGIS PROPERTY MEXICO SA 0.34%UNITED URBAN INVESTMENT COR 0.33%HUFVUDSTADEN AB-A SHS 0.33%PSP SWISS PROPERTY AG-REG 0.33%JAPAN RETAIL FUND INVESTMEN 0.32%FABEGE AB 0.32%HANG LUNG PROPERTIES LTD 0.32%CEDAR REALTY TRUST INC 0.32%NTT URBAN DEVELOPMENT CORP 0.30%CORIO NV 0.30%AST Portfolio Holdings150 of 635

AST Global Real Estate Portfolio (continued)Security% of PortfolioHIBERNIA REIT PLC 0.30%TOKYO TATEMONO CO LTD 0.28%TOKYU FUDOSAN HOLDINGS CORP 0.28%ATRIUM EUROPEAN REAL ESTATE 0.27%FEDERATION CENTRES 0.27%DEUTSCHE ANNINGTON IMMOBILI 0.27%AVIV REIT INC 0.25%MULTIPLAN EMPREENDIMENTOS 0.25%DO DEUTSCHE OFFICE AG 0.25%HYSAN DEVELOPMENT CO 0.24%BIG YELLOW GROUP PLC 0.24%NIPPON BUILDING FUND INC 0.23%SHIMAO PROPERTY HOLDINGS LT 0.20%AEON REIT INVESTMENT CORP 0.19%JAPAN REAL ESTATE INVESTMEN 0.19%CAPITARETAIL CHINA TRUST 0.19%CHARTWELL RETIREMENT RESIDE 0.18%BROOKFIELD CANADA OFFICE PR 0.18%EQUITY RESIDENTIAL 0.18%DAIWA HOUSE REIT INVESTMENT 0.18%BR MALLS PARTICIPACOES SA 0.17%GLP J-REIT 0.17%NOMURA REAL ESTATE HOLDINGS 0.17%LTC PROPERTIES INC 0.17%HULIC REIT INC 0.16%DIGITAL REALTY TRUST INC 0.16%CHARTER HALL RETAIL REIT 0.15%SPONDA OYJ 0.15%AUSTRALAND PROPERTY GROUP 0.13%CACHE LOGISTICS TRUST 0.13%KENEDIX OFFICE INVESTMENT C 0.13%TRITAX BIG BOX REIT PLC 0.12%DEUTSCHE WOHNEN AG-BR 0.10%JAPAN LOGISTICS FUND INC 0.10%JAPAN EXCELLENT INC 0.07%CAN APARTMENT PROP REAL EST 0.06%INDUSTRIAL & INFRASTRUCTURE 0.06%SUN HUNG KAI WTS EXP: 2016 0.06%ORIX JREIT INC 0.05%BRIXMOR PROPERTY GROUP INC 0.04%NOMURA REAL ESTATE MASTER F 0.04%SHAFTESBURY PLC 0.04%KLOVERN AB-PREF 0.03%SWIRE PROPERTIES LTD 0.03%KERRY PROPERTIES LTD < 0.01%S SPOT CND 8/01/2014 < 0.01%PRUDENTIAL CORE INVESTMENT < 0.01%S SPOT EUR 8/01/2014 < 0.01%S SPOT EUR 8/04/2014 < 0.01%CHARTER HALL (ESCROW) < 0.01%S SPOT HK 8/01/2014 < 0.01%L SPOT GBP 8/04/2014 < 0.01%L SPOT JPY 1 8/04/2014 < 0.01%AST Portfolio Holdings151 of 635

AST Global Real Estate PortfolioSecurity% of PortfolioSIMON PROPERTY GROUP INC 4.78%MITSUI FUDOSAN CO LTD 4.01%SUN HUNG KAI PROPERTIES 4.00%MITSUBISHI ESTATE CO LTD 3.69%UNIBAIL-RODAMCO SE 2.24%BOSTON PROPERTIES INC 2.13%VENTAS INC 2.06%PUBLIC STORAGE 2.04%HOST HOTELS & RESORTS INC 1.65%GENERAL GROWTH PROPERTIES 1.58%SUMITOMO REALTY & DEVELOPME 1.57%PROLOGIS INC 1.57%UDR INC 1.56%WESTFIELD CORP 1.43%LAND SECURITIES GROUP PLC 1.39%DAIWA HOUSE INDUSTRY CO LTD 1.35%POST PROPERTIES INC 1.34%BRITISH LAND CO PLC 1.33%DUKE REALTY CORP 1.27%CHEUNG KONG HOLDINGS LTD 1.26%CAMDEN PROPERTY TRUST 1.22%AVALONBAY COMMUNITIES INC 1.20%HAMMERSON PLC 1.01%EMPIRE STATE REALTY TRUST-A 0.97%DDR CORP 0.93%HENDERSON LAND DEVELOPMENT 0.92%GLIMCHER REALTY TRUST 0.87%VORNADO REALTY TRUST 0.87%CHESAPEAKE LODGING TRUST 0.87%ALEXANDRIA REAL ESTATE EQUI 0.87%STRATEGIC HOTELS & RESORTS 0.86%HUDSON PACIFIC PROPERTIES I 0.86%KILROY REALTY CORP 0.85%AEON MALL CO LTD 0.84%COLUMBIA PROPERTY TRUST INC 0.84%FIRST INDUSTRIAL REALTY TR 0.82%SCENTRE GROUP 0.81%REGENCY CENTERS CORP 0.80%SPIRIT REALTY CAPITAL INC 0.79%HEALTH CARE REIT INC 0.78%STARWOOD HOTELS & RESORTS 0.76%KEPPEL REIT 0.74%CAPITALAND LTD 0.73%SUNTEC REIT 0.70%FIRST POTOMAC REALTY TRUST 0.70%FONCIERE DES REGIONS 0.69%HILTON WORLDWIDE HOLDINGS I 0.69%GOODMAN GROUP 0.67%MACK-CALI REALTY CORP 0.67%DEXUS PROPERTY GROUP 0.66%MACERICH CO/THE 0.66%GPT GROUP 0.65%AMERICAN CAMPUS COMMUNITIES 0.63%TAUBMAN CENTERS INC 0.62%Security% of PortfolioSINO LAND CO 0.61%HONGKONG LAND HOLDINGS LTD 0.61%STOCKLAND 0.60%MAPLETREE COMMERCIAL TRUST 0.59%KLEPIERRE 0.58%PHYSICIANS REALTY TRUST 0.56%MIRVAC GROUP 0.55%SEGRO PLC 0.54%FOREST CITY ENTERPRISES-CL 0.54%LEXINGTON REALTY TRUST 0.53%EXCEL TRUST INC 0.52%ESSEX PROPERTY TRUST INC 0.51%BOARDWALK REAL ESTATE INVES 0.51%ALSTRIA OFFICE REIT-AG 0.48%EUROCOMMERCIAL PROPERTIE-CV 0.48%CA IMMOBILIEN ANLAGEN AG 0.47%PIEDMONT OFFICE REALTY TRU- 0.47%ATRIUM LJUNGBERG AB-B SHS 0.46%SOVRAN SELF STORAGE INC 0.46%HEALTHCARE TRUST OF AMERICA 0.45%EXTRA SPACE STORAGE INC 0.45%ASCENDAS REAL ESTATE INV TR 0.44%MAPLETREE INDUSTRIAL TRUST 0.44%WHARF HOLDINGS LTD 0.43%GREAT PORTLAND ESTATES PLC 0.42%LEG IMMOBILIEN AG 0.42%GREEN REIT PLC 0.41%NIPPON PROLOGIS REIT INC 0.41%GAGFAH SA 0.41%HCP INC 0.41%LINK REIT 0.39%STAG INDUSTRIAL INC 0.38%SL GREEN REALTY CORP 0.38%HULIC CO LTD 0.38%ICADE 0.38%RIOCAN REAL ESTATE INVST TR 0.38%INVESTA OFFICE FUND 0.37%CUBESMART 0.37%CAPITAMALL TRUST 0.36%HERSHA HOSPITALITY TRUST 0.36%WERELDHAVE NV 0.35%HEALTHCARE REALTY TRUST INC 0.35%ACTIVIA PROPERTIES INC 0.35%CFS RETAIL PROPERTY TRUST G 0.35%PROLOGIS PROPERTY MEXICO SA 0.34%UNITED URBAN INVESTMENT COR 0.33%HUFVUDSTADEN AB-A SHS 0.33%PSP SWISS PROPERTY AG-REG 0.33%JAPAN RETAIL FUND INVESTMEN 0.32%FABEGE AB 0.32%HANG LUNG PROPERTIES LTD 0.32%CEDAR REALTY TRUST INC 0.32%NTT URBAN DEVELOPMENT CORP 0.30%CORIO NV 0.30%AST Portfolio Holdings152 of 635

AST Global Real Estate Portfolio (continued)Security% of PortfolioHIBERNIA REIT PLC 0.30%TOKYO TATEMONO CO LTD 0.28%TOKYU FUDOSAN HOLDINGS CORP 0.28%ATRIUM EUROPEAN REAL ESTATE 0.27%FEDERATION CENTRES 0.27%DEUTSCHE ANNINGTON IMMOBILI 0.27%AVIV REIT INC 0.25%MULTIPLAN EMPREENDIMENTOS 0.25%DO DEUTSCHE OFFICE AG 0.25%HYSAN DEVELOPMENT CO 0.24%BIG YELLOW GROUP PLC 0.24%NIPPON BUILDING FUND INC 0.23%SHIMAO PROPERTY HOLDINGS LT 0.20%AEON REIT INVESTMENT CORP 0.19%JAPAN REAL ESTATE INVESTMEN 0.19%CAPITARETAIL CHINA TRUST 0.19%CHARTWELL RETIREMENT RESIDE 0.18%BROOKFIELD CANADA OFFICE PR 0.18%EQUITY RESIDENTIAL 0.18%DAIWA HOUSE REIT INVESTMENT 0.18%BR MALLS PARTICIPACOES SA 0.17%GLP J-REIT 0.17%NOMURA REAL ESTATE HOLDINGS 0.17%LTC PROPERTIES INC 0.17%HULIC REIT INC 0.16%DIGITAL REALTY TRUST INC 0.16%CHARTER HALL RETAIL REIT 0.15%SPONDA OYJ 0.15%AUSTRALAND PROPERTY GROUP 0.13%CACHE LOGISTICS TRUST 0.13%KENEDIX OFFICE INVESTMENT C 0.13%TRITAX BIG BOX REIT PLC 0.12%DEUTSCHE WOHNEN AG-BR 0.10%JAPAN LOGISTICS FUND INC 0.10%JAPAN EXCELLENT INC 0.07%CAN APARTMENT PROP REAL EST 0.06%INDUSTRIAL & INFRASTRUCTURE 0.06%SUN HUNG KAI WTS EXP: 2016 0.06%ORIX JREIT INC 0.05%BRIXMOR PROPERTY GROUP INC 0.04%NOMURA REAL ESTATE MASTER F 0.04%SHAFTESBURY PLC 0.04%KLOVERN AB-PREF 0.03%SWIRE PROPERTIES LTD 0.03%KERRY PROPERTIES LTD < 0.01%S SPOT CND 8/01/2014 < 0.01%PRUDENTIAL CORE INVESTMENT < 0.01%S SPOT EUR 8/01/2014 < 0.01%S SPOT EUR 8/04/2014 < 0.01%CHARTER HALL (ESCROW) < 0.01%S SPOT HK 8/01/2014 < 0.01%L SPOT GBP 8/04/2014 < 0.01%L SPOT JPY 1 8/04/2014 < 0.01%AST Portfolio Holdings153 of 635

AST Goldman Sachs Global Growth Allocation PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 25.02%VANGUARD FTSE DEVELOPED ETF 18.07%ESU4 S&P 500 EMINI FUT 9/24/2014 17.27%(PDVZ) GS STRATEGIC INCOME 7.08%GOLDMAN-IN S/C-I 5.08%RTAU4 RUSSELL 2000 MINI 9/19/2014 4.29%GS-EM MKT EQ-IS 4.13%GOLDMAN-H/Y F-IS 3.72%VANGUARD FTSE EMERGING MARK 3.04%GOLDMAN-H/Y-INST 2.78%GOLDMAN-C FX-I 2.24%GOLDMAN-ABS RE-I 1.66%GOLDMAN-COM S-IS 1.36%GOLDMAN-MG FU-IS 1.14%GOLDMAN-FI MA-IS 0.99%GOLDMAN-E/M DB-I 0.67%GOLDMAN-LOC E-I 0.66%ISHARES GLOBAL INFRASTRUCTU 0.59%S FRWD EUR 9/17/2014 0.12%S FRWD CHF 9/17/2014 0.03%S FRWD SEK 9/17/2014 0.03%S FRWD EUR 9/17/2014 0.01%S FRWD JPY 1 9/17/2014 0.01%S FRWD NOK 9/17/2014 0.01%S FRWD JPY 1 9/17/2014 0.01%S FRWD JPY 1 9/17/2014 0.01%S FRWD GBP 9/17/2014 < 0.01%S FRWD GBP 9/17/2014 < 0.01%S FRWD CHF 9/17/2014 < 0.01%S FRWD EUR 9/17/2014 < 0.01%S FRWD CHF 9/17/2014 < 0.01%S FRWD JPY 1 9/17/2014 < 0.01%S FRWD AUD 9/17/2014 < 0.01%S FRWD AUD 9/17/2014 < 0.01%S FRWD AUD 9/17/2014 < 0.01%S FRWD AUD 9/17/2014 < 0.01%S FRWD GBP 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%S FRWD EUR 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%S FRWD ILS 9/17/2014 < 0.01%S FRWD GBP 9/17/2014 -0.02%154 of 635AST Portfolio Holdings

AST Goldman Sachs Large-Cap Value PortfolioSecurity% of PortfolioGENERAL ELECTRIC CO 4.85%EXXON MOBIL CORP 4.70%BANK OF AMERICA CORP 3.34%PFIZER INC 3.34%JPMORGAN CHASE & CO 3.30%DEVON ENERGY CORPORATION 3.06%AMERICAN INTERNATIONAL GROU 2.90%CITIGROUP INC 2.81%EMC CORP/MA 2.62%APACHE CORP 2.53%MEDTRONIC INC 2.49%LINCOLN NATIONAL CORP 2.29%INTEL CORP 2.22%VERIZON COMMUNICATIONS INC 2.07%BOEING CO/THE 2.00%CISCO SYSTEMS INC 1.85%MICROSOFT CORP 1.82%LIBERTY GLOBAL-C 1.74%CAPITAL ONE FINANCIAL CORP 1.73%GAP INC/THE 1.72%UNITEDHEALTH GROUP INC 1.70%SOUTHWESTERN ENERGY CO 1.55%ESTEE LAUDER COMPANIES-CL A 1.45%KROGER CO 1.45%EASTMAN CHEMICAL CO 1.43%HARTFORD FINANCIAL SVCS GRP 1.40%L BRANDS INC 1.33%MYLAN INC 1.29%P G & E CORP 1.26%C.H. ROBINSON WORLDWIDE INC 1.22%EBAY INC 1.21%MERCK & CO. INC. 1.21%TYSON FOODS INC-CL A 1.20%NAVIENT CORP 1.19%WASTE MANAGEMENT INC 1.15%GOOGLE INC-CL A 1.14%HALLIBURTON CO 1.12%CBS CORP-CLASS B NON VOTING 1.09%CELGENE CORP 1.07%AMERIPRISE FINANCIAL INC 1.06%STARWOOD HOTELS & RESORTS 1.05%CONAGRA FOODS INC 1.04%EXPRESS SCRIPTS HOLDING CO 1.03%VIACOM INC-CLASS B 1.01%WELLS FARGO & CO 1.00%PROCTER & GAMBLE CO/THE 0.98%PRUDENTIAL CORE INVESTMENT 0.97%FRANKLIN RESOURCES INC 0.97%MORGAN STANLEY 0.96%SUNTRUST BANKS INC 0.94%FIRSTENERGY CORP 0.91%ELI LILLY & CO 0.91%EXPEDIA INC 0.86%MAXIM INTEGRATED PRODUCTS 0.81%Security% of PortfolioAVALONBAY COMMUNITIES INC 0.79%HERTZ GLOBAL HOLDINGS INC 0.75%NEXTERA ENERGY INC 0.70%TOLL BROTHERS INC 0.69%ANHEUSER-BUSCH INBEV SPN AD 0.66%WHOLE FOODS MARKET INC 0.66%DOW CHEMICAL CO/THE 0.66%METLIFE INC 0.65%CITRIX SYSTEMS INC 0.58%CELANESE CORP-SERIES A 0.49%AMC NETWORKS INC-A 0.47%COVIDIEN PLC 0.30%MGM RESORTS INTERNATIONAL 0.30%AST Portfolio Holdings155 of 635

AST Goldman Sachs Large-Cap Value PortfolioSecurity% of PortfolioGENERAL ELECTRIC CO 4.85%EXXON MOBIL CORP 4.70%BANK OF AMERICA CORP 3.34%PFIZER INC 3.34%JPMORGAN CHASE & CO 3.30%DEVON ENERGY CORPORATION 3.06%AMERICAN INTERNATIONAL GROU 2.90%CITIGROUP INC 2.81%EMC CORP/MA 2.62%APACHE CORP 2.53%MEDTRONIC INC 2.49%LINCOLN NATIONAL CORP 2.29%INTEL CORP 2.22%VERIZON COMMUNICATIONS INC 2.07%BOEING CO/THE 2.00%CISCO SYSTEMS INC 1.85%MICROSOFT CORP 1.82%LIBERTY GLOBAL-C 1.74%CAPITAL ONE FINANCIAL CORP 1.73%GAP INC/THE 1.72%UNITEDHEALTH GROUP INC 1.70%SOUTHWESTERN ENERGY CO 1.55%ESTEE LAUDER COMPANIES-CL A 1.45%KROGER CO 1.45%EASTMAN CHEMICAL CO 1.43%HARTFORD FINANCIAL SVCS GRP 1.40%L BRANDS INC 1.33%MYLAN INC 1.29%P G & E CORP 1.26%C.H. ROBINSON WORLDWIDE INC 1.22%EBAY INC 1.21%MERCK & CO. INC. 1.21%TYSON FOODS INC-CL A 1.20%NAVIENT CORP 1.19%WASTE MANAGEMENT INC 1.15%GOOGLE INC-CL A 1.14%HALLIBURTON CO 1.12%CBS CORP-CLASS B NON VOTING 1.09%CELGENE CORP 1.07%AMERIPRISE FINANCIAL INC 1.06%STARWOOD HOTELS & RESORTS 1.05%CONAGRA FOODS INC 1.04%EXPRESS SCRIPTS HOLDING CO 1.03%VIACOM INC-CLASS B 1.01%WELLS FARGO & CO 1.00%PROCTER & GAMBLE CO/THE 0.98%PRUDENTIAL CORE INVESTMENT 0.97%FRANKLIN RESOURCES INC 0.97%MORGAN STANLEY 0.96%SUNTRUST BANKS INC 0.94%FIRSTENERGY CORP 0.91%ELI LILLY & CO 0.91%EXPEDIA INC 0.86%MAXIM INTEGRATED PRODUCTS 0.81%Security% of PortfolioAVALONBAY COMMUNITIES INC 0.79%HERTZ GLOBAL HOLDINGS INC 0.75%NEXTERA ENERGY INC 0.70%TOLL BROTHERS INC 0.69%ANHEUSER-BUSCH INBEV SPN AD 0.66%WHOLE FOODS MARKET INC 0.66%DOW CHEMICAL CO/THE 0.66%METLIFE INC 0.65%CITRIX SYSTEMS INC 0.58%CELANESE CORP-SERIES A 0.49%AMC NETWORKS INC-A 0.47%COVIDIEN PLC 0.30%MGM RESORTS INTERNATIONAL 0.30%AST Portfolio Holdings156 of 635

AST Goldman Sachs Mid-Cap Growth PortfolioSecurity% of PortfolioSBA COMMUNICATIONS CORP-CL 2.44%MYLAN INC 2.38%INTERCONTINENTAL EXCHANGE I 2.21%DISCOVERY COMMUNICATIONS-A 2.18%XILINX INC 2.17%EQUINIX INC 2.15%WW GRAINGER INC 2.10%L BRANDS INC 2.02%SENSATA TECHNOLOGIES HOLDIN 1.99%WHOLE FOODS MARKET INC 1.96%CHIPOTLE MEXICAN GRILL INC 1.87%DOLLAR GENERAL CORP 1.87%PVH CORP 1.86%GRACO INC 1.83%CBRE GROUP INC - A 1.79%KANSAS CITY SOUTHERN 1.74%LINKEDIN CORP - A 1.65%AMPHENOL CORP-CL A 1.62%FIRST REPUBLIC BANK/CA 1.59%DRIL-QUIP INC 1.57%AIRGAS INC 1.55%HUBBELL INC -CL B 1.54%AGILENT TECHNOLOGIES INC 1.54%INTL FLAVORS & FRAGRANCES 1.52%HAIN CELESTIAL GROUP INC 1.52%SHERWIN-WILLIAMS CO/THE 1.51%FIVE BELOW 1.49%CAREFUSION CORP 1.48%CR BARD INC 1.48%WHITING PETROLEUM CORP 1.46%NAVIENT CORP 1.46%TREEHOUSE FOODS INC 1.44%FLEETCOR TECHNOLOGIES INC 1.43%KATE SPADE & CO 1.40%CAMERON INTERNATIONAL CORP 1.40%TIM HORTONS INC 1.39%KEURIG GREEN MOUNTAIN INC 1.31%AMETEK INC 1.30%SERVICENOW INC 1.29%VERTEX PHARMACEUTICALS INC 1.28%UNDER ARMOUR INC-CLASS A 1.26%ULTA SALON COSMETICS & FRAG 1.23%HENRY SCHEIN INC 1.21%HMS HOLDINGS CORP 1.16%COCA-COLA ENTERPRISES 1.13%NOBLE ENERGY INC 1.12%VF CORP 1.12%NORWEGIAN CRUISE LINE HOLDI 1.09%KENNAMETAL INC 1.08%TW TELECOM INC 1.07%CERNER CORP 1.06%METTLER-TOLEDO INTERNATIONA 1.03%MCCORMICK & CO-NON VTG SHRS 1.01%CORE LABORATORIES N.V. 0.99%Security% of PortfolioINTUITIVE SURGICAL INC 0.93%QUANTA SERVICES INC 0.92%RESTORATION HARDWARE HOLDIN 0.91%CEPHEID INC 0.91%TOLL BROTHERS INC 0.90%LKQ CORP 0.88%SLM CORP 0.81%MGIC INVESTMENT CORP 0.81%FLOWSERVE CORP 0.80%PANERA BREAD COMPANY-CLASS 0.79%TESLA MOTORS INC 0.78%WASTE CONNECTIONS INC 0.76%PANDORA MEDIA INC 0.74%GUIDEWIRE SOFTWARE INC 0.71%TWITTER INC 0.69%CHURCH & DWIGHT CO INC 0.69%RALPH LAUREN CORP 0.66%MEDIVATION INC 0.58%TRIPADVISOR INC 0.51%LUMBER LIQUIDATORS HOLDINGS 0.51%FIDELITY NATIONAL INFORMATI 0.40%PRUDENTIAL CORE INVESTMENT 0.35%INCYTE CORP 0.34%HEALTHCARE SERVICES GROUP 0.30%AST Portfolio Holdings157 of 635

AST Goldman Sachs Mid-Cap Growth PortfolioSecurity% of PortfolioSBA COMMUNICATIONS CORP-CL 2.44%MYLAN INC 2.38%INTERCONTINENTAL EXCHANGE I 2.21%DISCOVERY COMMUNICATIONS-A 2.18%XILINX INC 2.17%EQUINIX INC 2.15%WW GRAINGER INC 2.10%L BRANDS INC 2.02%SENSATA TECHNOLOGIES HOLDIN 1.99%WHOLE FOODS MARKET INC 1.96%CHIPOTLE MEXICAN GRILL INC 1.87%DOLLAR GENERAL CORP 1.87%PVH CORP 1.86%GRACO INC 1.83%CBRE GROUP INC - A 1.79%KANSAS CITY SOUTHERN 1.74%LINKEDIN CORP - A 1.65%AMPHENOL CORP-CL A 1.62%FIRST REPUBLIC BANK/CA 1.59%DRIL-QUIP INC 1.57%AIRGAS INC 1.55%HUBBELL INC -CL B 1.54%AGILENT TECHNOLOGIES INC 1.54%INTL FLAVORS & FRAGRANCES 1.52%HAIN CELESTIAL GROUP INC 1.52%SHERWIN-WILLIAMS CO/THE 1.51%FIVE BELOW 1.49%CAREFUSION CORP 1.48%CR BARD INC 1.48%WHITING PETROLEUM CORP 1.46%NAVIENT CORP 1.46%TREEHOUSE FOODS INC 1.44%FLEETCOR TECHNOLOGIES INC 1.43%KATE SPADE & CO 1.40%CAMERON INTERNATIONAL CORP 1.40%TIM HORTONS INC 1.39%KEURIG GREEN MOUNTAIN INC 1.31%AMETEK INC 1.30%SERVICENOW INC 1.29%VERTEX PHARMACEUTICALS INC 1.28%UNDER ARMOUR INC-CLASS A 1.26%ULTA SALON COSMETICS & FRAG 1.23%HENRY SCHEIN INC 1.21%HMS HOLDINGS CORP 1.16%COCA-COLA ENTERPRISES 1.13%NOBLE ENERGY INC 1.12%VF CORP 1.12%NORWEGIAN CRUISE LINE HOLDI 1.09%KENNAMETAL INC 1.08%TW TELECOM INC 1.07%CERNER CORP 1.06%METTLER-TOLEDO INTERNATIONA 1.03%MCCORMICK & CO-NON VTG SHRS 1.01%CORE LABORATORIES N.V. 0.99%Security% of PortfolioINTUITIVE SURGICAL INC 0.93%QUANTA SERVICES INC 0.92%RESTORATION HARDWARE HOLDIN 0.91%CEPHEID INC 0.91%TOLL BROTHERS INC 0.90%LKQ CORP 0.88%SLM CORP 0.81%MGIC INVESTMENT CORP 0.81%FLOWSERVE CORP 0.80%PANERA BREAD COMPANY-CLASS 0.79%TESLA MOTORS INC 0.78%WASTE CONNECTIONS INC 0.76%PANDORA MEDIA INC 0.74%GUIDEWIRE SOFTWARE INC 0.71%TWITTER INC 0.69%CHURCH & DWIGHT CO INC 0.69%RALPH LAUREN CORP 0.66%MEDIVATION INC 0.58%TRIPADVISOR INC 0.51%LUMBER LIQUIDATORS HOLDINGS 0.51%FIDELITY NATIONAL INFORMATI 0.40%PRUDENTIAL CORE INVESTMENT 0.35%INCYTE CORP 0.34%HEALTHCARE SERVICES GROUP 0.30%AST Portfolio Holdings158 of 635

AST Goldman Sachs Multi-Asset PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 22.02%ESU4 S&P 500 EMINI FUT 9/24/2014 7.13%RTAU4 RUSSELL 2000 MINI 9/19/2014 3.31%EDZ6 90DAY EURO$ FUTR 12/24/2016 3.25%EDH7S 90DAY EURO$ FUTR 3/18/2017 2.79%EDM7S 90DAY EURO$ FUTR 6/24/2017 2.29%EDU6S 90DAY EURO$ FUTR 9/24/2016 2.26%FVU4 US 5YR NOTE (CBT) SEP 10/08/2014 2.25%US TREASURY N/B 4/30/2015 2.18%TPU4 TOPIX INDX FUTR 9/17/2014 1.77%US TREASURY N/B 4/15/2016 1.57%Z U4 FTSE 100 IDX FUT 9/24/2014 1.25%TYU4S US 10YR NOTE (CBT) 10/05/2014 1.13%WNU4S US ULTRA BOND(CBT) 10/05/2014 1.05%FANNIE MAE 1/01/2043 1.00%TUU4S US 2YR NOTE (CBT) 10/08/2014 0.92%PTU4 S&P/TSX 60 IX FUT 9/23/2014 0.64%CFQ4 CAC40 10 EURO FUT 8/20/2014 0.64%US TREASURY N/B 2/15/2042 0.64%US TREASURY N/B 3/31/2019 0.63%FHLMC MULTIFAMILY STRUCTURE 10/25/2021 0.57%GXU4 DAX INDEX FUTURE 9/24/2014 0.52%WI TREASURY SEC. 7/31/2019 0.45%XPU4 SPI 200 FUTURES 9/24/2014 0.45%CREDIT SUISSE MORTGAGE TRUS 2/15/2040 0.44%FANNIE MAE 8/01/2044 0.43%US TREASURY N/B 1/31/2019 0.39%WI TREASURY SEC. 4/30/2021 0.38%FANNIE MAE 8/01/2038 0.34%US TREASURY N/B 7/31/2021 0.34%APPLE INC 0.34%US TREASURY N/B 2/15/2044 0.32%QCQ4 OMXS30 IND FUTURE 8/20/2014 0.32%EOQ4 AMSTERDAM IDX FUT 8/20/2014 0.30%US TREASURY N/B 5/31/2019 0.29%WACHOVIA BANK COMMERCIAL MO 10/15/2048 0.29%US TREASURY N/B 5/15/2044 0.28%US TREASURY N/B 5/15/2042 0.28%AFRICAN DEV BANK 4/06/2023 0.28%CREDIT SUISSE MORTGAGE TRUS 1/15/2049 0.27%IBQ4 IBEX 35 INDX FUTR 8/22/2014 0.25%US TREASURY N/B 1/31/2021 0.24%EXXON MOBIL CORP 0.22%US TREASURY N/B 8/15/2043 0.21%SOUND POINT CLO LTD 10/20/2026 0.21%FANNIE MAE 5/15/2029 0.21%FED FARM CREDIT 12/20/2023 0.21%ACIS CLO LTD 5/01/2026 0.21%ACIS CLO LTD 10/14/2022 0.20%US TREASURY N/B 6/30/2019 0.20%VERIZON COMM INC 9/15/2023 0.19%SILVERMORE CLO LTD 5/15/2026 0.19%TSY INFL IX N/B 1/15/2024 0.17%ANCHORAGE CAPITAL CLO LTD 7/28/2026 0.17%Security% of PortfolioCHEVRON CORP 0.17%US TREASURY N/B 11/15/2043 0.16%HSBC HOLDINGS PLC 0.15%FHLMC MULTIFAMILY STRUCTURE 10/25/2020 0.15%MICROSOFT CORP 0.15%HIQ4 HANG SENG IDX FUT 9/04/2014 0.15%BANK OF AMER CRP 1/22/2024 0.15%TOYOTA MOTOR CORP 0.14%FANNIE MAE 5/01/2041 0.14%DIRECTV HLDGS/FN 3/15/2022 0.14%MORGAN STANLEY 12/28/2017 0.14%GENERAL ELECTRIC CO 0.14%ENTERPRISE PRODU 8/01/2066 0.14%WELLS FARGO & CO 0.14%FANNIE MAE 1/25/2023 0.14%NBCUNIVERSAL MED 1/15/2023 0.14%ISRAELI GOVT 5.5% 26 4/26/2024 0.14%VERIZON COMM INC 9/15/2020 0.14%ROYAL DUTCH SHELL PLC-A SHS 0.13%INTESA SANPAOLO 1/15/2016 0.13%FED HOME LN BANK 6/09/2023 0.13%NOVARTIS AG-REG 0.13%FANNIE MAE 9/01/2038 0.13%TSY INFL IX N/B 1/15/2022 0.13%SAMSUNG ELECTRONICS CO LTD 0.13%BRENTWOOD CLO LTD 2/01/2022 0.12%AMER INTL GROUP 7/16/2044 0.12%PERNOD-RICARD SA 1/15/2022 0.12%TIME WARNER CABL 9/01/2041 0.12%JOHNSON & JOHNSON 0.12%GOVERNMENT NATIONAL MORTGAG 8/01/2044 0.12%GLENCORE FDG LLC 1/15/2019 0.12%AT&T INC 0.12%NESTLE SA-REG 0.12%BP PLC-SPONS ADR 0.11%CALIFORNIA ST 4/01/2039 0.11%DDR CORP 7/15/2022 0.11%BERKSHIRE HATHAWAY INC-CL B 0.11%VERIZON COMM INC 9/14/2018 0.11%PROCTER & GAMBLE CO/THE 0.11%WELLS FARGO CO 6/15/2044 0.11%TSY INFL IX N/B 1/15/2029 0.11%ISHARES MSCI INDIA INDEX ET 0.11%SUNTRUST BANKS 11/01/2018 0.11%TOTAL SA 0.11%EXPRESS SCRIPTS 5/15/2016 0.10%ABBVIE INC 11/06/2017 0.10%INTL BUSINESS MACHINES CORP 0.10%TSY INFL IX N/B 2/15/2044 0.10%JPMORGAN CHASE 9/23/2022 0.10%FORD MOTOR CRED 8/02/2021 0.10%FANNIE MAE 1/01/2043 0.10%QZQ4 MSCI SING IX ETS 9/04/2014 0.10%TIME WARNER CABL 7/01/2038 0.10%AST Portfolio Holdings159 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioGEN ELEC CAP CRP 1/14/2038 0.10%IMP TOBACCO FIN 2/11/2018 0.10%INTEL CORP 0.10%PFIZER INC 0.10%KILROY REALTY LP 1/15/2023 0.10%SLM STUDENT LOAN TRUST 7/25/2023 0.09%ING BANK NV 11/21/2023 0.09%ROYAL DUTCH SHELL PLC-B SHS 0.09%CISCO SYSTEMS INC 0.09%FANNIE MAE 9/01/2037 0.09%FREDDIE MAC 11/15/2043 0.09%FREEPORT-MC C&G 3/01/2017 0.09%FANNIE MAE 8/01/2037 0.08%SANOFI 0.08%HCP INC 8/01/2022 0.08%FED HOME LN BANK 9/08/2023 0.08%FREDDIE MAC 8/01/2040 0.08%VODAFONE GROUP PLC-SP ADR 0.08%FANNIE MAE 5/01/2041 0.08%COMCAST CORP-CLASS A 0.08%PREFERRED FD 3/15/2047 0.07%STU4 FTSE/MIB IDX FUT 9/24/2014 0.07%SUMITOMO MITSUI 4/02/2024 0.07%GAZPROM OAO-SPON ADR 0.07%BANCO SANTANDER SA 0.07%WAL-MART STORES INC 0.07%MERCK & CO. INC. 0.07%ORACLE CORP 0.07%NORTHWESTERN MUT 3/30/2040 0.07%KKR FINANCIAL CLO LTD 5/15/2021 0.07%TRANSOCEAN INC 11/15/2020 0.07%ERP OPERATING LP 7/01/2044 0.07%JAPANESE YEN 0.07%TURKEY REP OF 7/14/2017 0.07%BG ENERGY CAP 11/30/2072 0.07%TRANS-CANADA PL 5/15/2067 0.07%DISCOVER FIN SVS 11/21/2022 0.07%ROCHE HOLDING AG-GENUSSCHEI 0.07%AVON PRODUCTS 3/15/2020 0.07%UNITED MEXICAN 3/08/2044 0.07%HEALTH CARE REIT, INC. 3/15/2023 0.07%TURKEY REP OF 4/03/2018 0.07%FANNIE MAE 5/01/2038 0.07%AMER CAMPUS COMM 4/15/2023 0.07%GLENCORE FDG LLC 5/27/2016 0.07%CHINA CONSTRUCTION BANK-H 0.06%HONDA MOTOR CO LTD 0.06%FANNIE MAE 4/01/2043 0.06%WALT DISNEY CO/THE 0.06%VERIZON COMMUNICATIONS INC 0.06%PETROBRAS 3/17/2020 0.06%GILEAD SCIENCES INC 0.06%COCA-COLA CO/THE 0.06%WILLIAMS PARTNER 1/15/2025 0.06%Security% of PortfolioPEPSICO INC 0.06%JAPAN YEN 0.06%BARCLAYS BK PLC 2/20/2019 0.06%CONOCOPHILLIPS 0.06%IND & COMM BK OF CHINA-H 0.06%BANK OF AMER CRP 4/01/2024 0.06%CHINA MOBILE LTD 0.06%AID-ISRAEL 9/18/2033 0.06%SUMITOMO MITSUI FINANCIAL G 0.06%HEWLETT-PACK CO 9/15/2017 0.06%FANNIE MAE 6/25/2041 0.06%CITIGROUP INC 3/01/2023 0.06%KIMBERLY-CLARK 6/01/2043 0.06%CVS CAREMARK CORP 0.06%MACQUARIE BK LTD 6/24/2019 0.06%MEXICAN BONOS 6/16/2016 0.06%AMERICAN EXPRESS 9/01/2066 0.06%MIZUHO FINANCIAL GROUP INC 0.06%GOOGLE INC-CL A 0.06%GOOGLE INC-CL C 0.06%QUALCOMM INC 0.06%TORONTO-DOMINION BANK 0.06%ALLEGHANY CORPORATION 5.625 9/15/2020 0.06%HEALTHCARE TRUST 4/15/2023 0.05%JP MORGAN CHASE 5/17/2018 0.05%MDC HOLDINGS INC 1/15/2043 0.05%ROYAL BANK OF CANADA 0.05%ROPER INDUSTRIES 10/01/2018 0.05%FANNIE MAE 10/25/2041 0.05%FANNIE MAE 7/25/2042 0.05%LUKOIL OAO-SPON ADR 0.05%FOREST LABORATOR 2/01/2019 0.05%ILLINOIS ST 6/01/2033 0.05%MIDAMERICAN ENER 4/01/2036 0.05%HEWLETT-PACKARD CO 0.05%VERIZON COMM INC 3/15/2024 0.05%FANNIE MAE 3/01/2043 0.05%BRENTWOOD CLO LTD 2/01/2022 0.05%FREDDIE MAC 2/01/2039 0.05%GOVERNMENT NATIONAL MORTGAG 8/01/2044 0.05%PETROLEOS MEXICA 1/23/2045 0.05%SIEMENS AG-REG 0.05%TAIWAN SEMICONDUCTOR-SP ADR 0.05%BANK OF NOVA SCOTIA 0.05%ENI SPA 0.05%SOVEREIGN BANK 5/30/2018 0.05%INTESA SANPAOLO 1/13/2017 0.05%NIPPON TELEGRAPH & TELEPHON 0.05%USU4 US LONG BOND (CBT) 10/05/2014 0.05%TIME WARNER INC 0.05%TIME WARNER CABL 11/15/2040 0.05%UNITEDHEALTH GROUP INC 0.05%INTESA SANPAOLO 6/26/2024 0.05%ASTRAZENECA PLC 0.04%AST Portfolio Holdings160 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioTELEFONICA EMIS 4/27/2018 0.04%COLOMBIA TES 5/04/2022 0.04%TELEFONICA EMIS 2/16/2021 0.04%BANK OF CHINA LTD-H 0.04%PENSKE TRUCK LE 3/15/2016 0.04%MDC HOLDINGS INC 1/15/2024 0.04%LYONDELLBASELL 4/15/2019 0.04%FLORIDA PWR & LT 2/01/2042 0.04%MONSANTO CO 7/15/2044 0.04%BRITISH AMERICAN TOBACCO PL 0.04%COMPASS BANK 4/01/2020 0.04%AMGEN INC 0.04%ERAC USA FINANCE 10/15/2022 0.04%COMMONWEALTH BANK OF AUSTRA 0.04%E.ON SE 0.04%HON HAI PRECISION INDUSTRY 0.04%ANADARKO PETRO 9/15/2036 0.04%MONDELEZ INTERNATIONAL INC- 0.04%GENWORTH FINL 9/24/2021 0.04%CREDIT SUISSE 8/08/2023 0.04%MCDONALD'S CORP 0.04%WALGREEN CO 9/15/2017 0.04%VANTIV LLC 6/13/2021 0.04%H.J. HEINZ COMPANY 6/05/2020 0.04%GE CAP TRUST I 11/15/2067 0.04%ENTEL CHILE SA 10/30/2024 0.04%HILTON WORLDWIDE FINANCE 10/26/2020 0.04%VIRGIN MEDIA INVESTMENT HOL 6/07/2020 0.04%MEXICAN BONOS 6/14/2018 0.04%HOME DEPOT INC 0.04%ROYAL BK SCOTLND 9/18/2015 0.04%US BANCORP 0.04%ORANGE 0.04%SOUTHERN CAL ED 3/15/2042 0.04%UNION PACIFIC CORP 0.04%FED HOME LN BANK 8/15/2024 0.04%WESTPAC BANKING CORP 0.04%KRAFT FOODS INC 2/09/2040 0.04%EUROPEAN CURRENCY 0.04%VOLKSWAGEN AG-PREF 0.04%HEWLETT-PACK CO 1/14/2019 0.04%VERIZON COMM INC 9/15/2043 0.04%BASF SE 0.04%BAYER AG-REG 0.04%AUST & NZ BANK 3/19/2024 0.04%UNITED TECHNOLOGIES CORP 0.04%TEVA PHARMACEUTICAL-SP ADR 0.04%BRAZIL NTN-F 1/01/2023 0.04%CRED SUIS NY 5/28/2019 0.04%ANHEUSER-BUSCH INBEV NV 0.04%AUST AND NZ BANKING GROUP 0.04%ANCHORAGE CAPITAL CLO LTD 7/28/2026 0.04%SENIOR HOUSING 5/01/2019 0.04%FANNIE MAE 2/01/2035 0.04%Security% of PortfolioBRAZIL NTN-F 1/01/2018 0.04%BG GROUP PLC 0.04%FREDDIE MAC 3/01/2043 0.03%FANNIE MAE 12/01/2042 0.03%EMC CORP/MA 0.03%FANNIE MAE 12/01/2039 0.03%PERFORMANCE FOOD GROUP 11/14/2019 0.03%HYUNDAI MOTOR CO 0.03%POLYMER GROUP INC 12/19/2019 0.03%BRIGHT HORIZONS FAMILY SOLU 1/30/2020 0.03%INTELSAT JACKSON HOLDINGS 6/30/2019 0.03%LA QUINTA INTERMEDIATE HOLD 4/14/2021 0.03%E.W. SCRIPPS COMPANY 11/26/2020 0.03%UNIVISION COMMUNICATIONS 3/01/2020 0.03%PINNACLE FOODS FINANCE 4/29/2020 0.03%GDF SUEZ 0.03%SILVERMORE CLO LTD 5/15/2026 0.03%LLOYDS BANK PLC 11/27/2018 0.03%DUKE ENERGY CORP 0.03%DEERE & CO 6/09/2042 0.03%PNC FINANCIAL SERVICES GROU 0.03%CHINA PETROLEUM & CHEMICAL- 0.03%FANNIE MAE 5/01/2043 0.03%VISA INC-CLASS A SHARES 0.03%GLAXOSMITHKLINE PLC-SPON AD 0.03%CHEUNG KONG HOLDINGS LTD 0.03%SAP SE 0.03%ZURICH INSURANCE GROUP AG 0.03%NATIONAL AUSTRALIA BANK LTD 0.03%FREDDIE MAC 2/15/2034 0.03%CANON INC 0.03%SUN HUNG KAI PROPERTIES 0.03%3M CO 0.03%WELLPOINT INC 0.03%PETROCHINA CO LTD-H 0.03%FANNIE MAE 3/01/2039 0.03%ABBOTT LABORATORIES 0.03%SHELL INTL FIN 8/12/2043 0.03%HEWLETT-PACK CO 6/01/2021 0.03%NISSAN MOTOR CO LTD 0.03%FANNIE MAE 9/01/2042 0.03%AMERICA MOVIL-ADR SERIES L 0.03%ACIS CLO LTD 10/14/2022 0.03%UNILEVER NV-CVA 0.03%FREDDIE MAC 12/01/2036 0.03%BANK OF MONTREAL 0.03%MEXICAN BONOS 11/20/2036 0.03%UNILEVER PLC 0.03%ENERGY SOLUTIONS LLC 5/29/2020 0.03%POSCO 0.03%BOEING CO/THE 0.03%TESCO PLC 0.03%WALGREEN CO 0.03%MESU4 MINI MSCI EMG MKT 9/24/2014 0.03%AST Portfolio Holdings161 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioNOVO NORDISK A/S-B 0.03%MUENCHENER RUECKVER AG-REG 0.03%EXPRESS SCRIPTS HOLDING CO 0.03%CELGENE CORP 0.03%BAYERISCHE MOTOREN WERKE AG 0.03%TELEFONICA SA 0.03%BRAZIL NTN-B 8/15/2050 0.03%IMP TOBACCO FIN 2/11/2023 0.03%NTT DOCOMO INC 0.03%ROYAL BK SCOTLND 3/16/2022 0.03%SANTANDER UK PLC 11/07/2023 0.03%ARCHER-DANIELS-MIDLAND CO 0.03%SIMON PROPERTY GROUP INC 0.03%SALIX PHARMACEUTICALS 1/02/2020 0.03%CATALENT PHARMA SOLUTIONS 5/20/2021 0.03%PETCO ANIMAL SUPPLIES 11/24/2017 0.03%ALCATEL-LUCENT USA 1/30/2019 0.03%DELTA AIR LINES 10/18/2018 0.03%WENDY'S INTERNATIONAL INC 5/15/2019 0.03%CLEAR CHANNEL INC 7/30/2019 0.03%INTESA SANPAOLO 1/15/2019 0.03%AXALTA COATING SYSTEMS 2/01/2020 0.03%ROOFING SUPPLY GROUP 5/31/2019 0.03%PUGET SOUND ENRG 6/01/2067 0.03%PENSKE TRUCK LE 7/11/2022 0.03%ENEL SPA 0.03%FREDDIE MAC 3/01/2043 0.03%TRAVELERS COS INC/THE 0.03%GOVERNMENT NATIONAL MORTGAG 9/15/2034 0.03%CUBESMART LP 12/15/2023 0.03%AMERICAN EXPRESS CO 0.03%GOVERNMENT NATIONAL MORTGAG 7/15/2040 0.03%FHLMC MULTIFAMILY PASS THRO 8/25/2023 0.03%HONEYWELL INTERNATIONAL INC 0.03%ACE LTD 0.03%IBERDROLA SA 0.03%DIAGEO PLC 0.03%SOFTBANK CORP 0.03%TURKEY GOVT BOND 3/08/2017 0.03%IMPERIAL TOBACCO GROUP PLC 0.03%EBAY INC 0.03%HUTCHISON WHAMPOA LTD 0.03%DEUTSCHE TELEKOM AG-REG 0.03%KDDI CORP 0.03%RECKITT BENCKISER GROUP PLC 0.02%HITACHI LTD 0.02%AIA GROUP LTD 0.02%MEDTRONIC INC 0.02%PENSKE TRUCK LE 1/17/2023 0.02%NORDEA BANK AB 0.02%ORTHO-CLINICAL DIAGNOSTICS 6/30/2021 0.02%ILLINOIS ST 2/01/2035 0.02%TARGET CORP 0.02%CENTRAL JAPAN RAILWAY CO 0.02%Security% of PortfolioEAST JAPAN RAILWAY CO 0.02%SABMILLER PLC 0.02%GOVERNMENT NATIONAL MORTGAG 1/15/2035 0.02%FREDDIE MAC 10/01/2042 0.02%CANADIAN NATL RAILWAY CO 0.02%GOVERNMENT NATIONAL MORTGAG 12/15/2034 0.02%TOKIO MARINE HOLDINGS INC 0.02%FANNIE MAE 3/01/2038 0.02%UNIBAIL-RODAMCO SE 0.02%ERICSSON LM-B SHS 0.02%FANNIE MAE 8/01/2042 0.02%FOUR SEASONS HOLDINGS INC 12/28/2020 0.02%JAPAN TOBACCO INC 0.02%UNIVAR INC 6/30/2017 0.02%GUGGENHEIM PARTNERS INVESTM 7/22/2020 0.02%DIAMOND FOODS INC 8/20/2018 0.02%AMSURG CORP 7/16/2021 0.02%SEVEN & I HOLDINGS CO LTD 0.02%NEIMAN MARCUS GROUP 10/25/2020 0.02%FOUR SEASONS HOLDINGS INC 6/29/2020 0.02%SPIN HOLDCO INC 11/14/2019 0.02%REYNOLDS GROUP HOLDINGS 11/30/2018 0.02%GATES GLOBAL LLC 7/05/2021 0.02%FIRST DATA CORP 3/23/2018 0.02%DANONE 0.02%REL STAN LIFE II 4/24/2019 0.02%SHIRE PLC 0.02%VINCI SA 0.02%BROOKFIELD ASSET MANAGE-CL 0.02%FANNIE MAE 2/01/2039 0.02%GETTY IMAGES INC (BL) 10/18/2019 0.02%DBS GROUP HOLDINGS LTD 0.02%DANAHER CORP 0.02%LOWE'S COS INC 0.02%VIVENDI 0.02%FEDEX CORP 0.02%CHILE 10/30/2042 0.02%FANNIE MAE 8/01/2042 0.02%CROSS CURRENCY SWAP 3/26/2015 0.02%FACEBOOK INC-A 0.02%MALAYSIA GOVT 7/15/2024 0.02%FANNIE MAE 6/01/2040 0.02%RPC 8/31/2036 0.02%FANNIE MAE 12/01/2042 0.02%ABBVIE INC 0.02%BRIDGESTONE CORP 0.02%CENTURYLINK INC 0.02%MASTERCARD INC-CLASS A 0.02%EXELON CORP 0.02%FANNIE MAE 11/01/2039 0.02%ALLSTATE CORP 0.02%CAN IMPERIAL BK OF COMMERCE 0.02%SAMSUNG ELECTRONICS-PREF 0.02%UNITED OVERSEAS BANK LTD 0.02%AST Portfolio Holdings162 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioASML HOLDING NV 0.02%FREDDIE MAC 8/01/2040 0.02%STATOIL ASA 0.02%MIRROR BIDCO CORP 12/28/2019 0.02%PRICELINE GROUP INC/THE 0.02%FANNIE MAE 6/01/2037 0.02%LVMH MOET HENNESSY LOUIS VU 0.02%FANNIE MAE 1/01/2043 0.02%JUNIPER NETWORKS 3/15/2024 0.02%HONG KONG DOLLAR 0.02%FANNIE MAE 12/01/2042 0.02%FANNIE MAE 1/01/2043 0.02%GENERAL DYNAMICS CORP 0.02%MALAYSIA GOVT 2/27/2015 0.02%FANNIE MAE 2/01/2043 0.02%NIKE INC -CL B 0.02%FANNIE MAE 12/01/2042 0.02%AETNA INC 0.02%COSTCO WHOLESALE CORP 0.02%AID-ISRAEL 12/04/2023 0.02%BIOGEN IDEC INC 0.02%DU PONT (E.I.) DE NEMOURS 0.02%SCENTRE GROUP 0.02%ELI LILLY & CO 0.02%FANNIE MAE 12/01/2042 0.02%FANNIE MAE 1/01/2043 0.02%KIA MOTORS CORPORATION 0.02%BRAZIL REP OF 1/07/2025 0.02%THAILAND GOVT 12/17/2027 0.02%BRAZIL REP OF 1/20/2034 0.02%SK HYNIX INC 0.02%FANNIE MAE 9/01/2039 0.02%PETROBRAS 3/17/2024 0.02%HCP INC 0.02%DEVON ENERGY CORPORATION 0.02%BANCO BRADESCO-ADR 0.02%FANNIE MAE 5/01/2034 0.02%WESFARMERS LTD 0.02%FREDDIE MAC 6/01/2043 0.02%CIGNA CORP 0.02%TAKEDA PHARMACEUTICAL CO LT 0.02%BAXTER INTERNATIONAL INC 0.02%BB&T CORP 0.02%MONSANTO CO 0.02%THERMO FISHER SCIENTIFIC IN 0.02%HYUNDAI MOBIS CO LTD 0.02%VGU4 EURO STOXX 50 9/23/2014 0.02%BRISTOL-MYERS SQUIBB CO 0.02%FUJIFILM HOLDINGS CORP 0.02%NEXTERA ENERGY INC 0.02%FANNIE MAE 5/01/2043 0.02%SOUTHERN CO/THE 0.02%DEERE & CO 0.02%FANNIE MAE 10/25/2042 0.02%Security% of PortfolioOVERSEA-CHINESE BANKING COR 0.02%FANNIE MAE 4/25/2037 0.02%MMC NORILSK NICKEL JSC-ADR 0.02%OTSUKA HOLDINGS CO LTD 0.02%FANNIE MAE 2/01/2037 0.02%HEALTH CARE REIT INC 0.02%NATIONAL GRID PLC 0.02%SOUTH AFRICAN RAN 0.02%AIR LIQUIDE SA 0.02%GOLDCORP INC 0.02%LINDE AG 0.02%RAYTHEON COMPANY 0.02%EMERSON ELECTRIC CO 0.02%TIME WARNER CABLE 0.02%L'OREAL 0.02%MCKESSON CORP 0.02%VALE SA-PREF 0.02%VIACOM INC-CLASS B 0.02%NORFOLK SOUTHERN CORP 0.02%LINK REIT 0.02%NORTHROP GRUMMAN CORP 0.02%KOREA ELECTRIC POWER CORP 0.02%BAIDU INC - SPON ADR 0.02%TURKEY GOVT BOND 11/14/2018 0.02%SANTANDER HOLD 8/27/2018 0.02%FREDDIE MAC 8/01/2033 0.02%TEXAS INSTRUMENTS INC 0.02%ACCENTURE PLC-CL A 0.02%VENTAS INC 0.02%CME GROUP INC 0.02%FANNIE MAE 8/01/2041 0.02%TRANSCANADA CORP 0.02%CARNIVAL CORP 0.02%RUSSIA-OFZ 1/25/2023 0.02%ROLLS-ROYCE HOLDINGS PLC 0.02%ACTAVIS PLC 0.02%FANNIE MAE 3/01/2043 0.02%BRAZIL-LTN 1/01/2015 0.02%EQUITY RESIDENTIAL 0.02%KYOCERA CORP 0.02%POLAND GOVT BOND 7/25/2019 0.02%DENSO CORP 0.02%LAND SECURITIES GROUP PLC 0.02%ASSICURAZIONI GENERALI 0.02%CHUBB CORP 0.02%FREDDIE MAC 12/01/2034 0.02%FANNIE MAE 2/01/2043 0.02%SUZUKI MOTOR CORP 0.02%PERNOD RICARD SA 0.02%STARBUCKS CORP 0.02%RUSSIA-OFZ 1/19/2028 0.02%FANNIE MAE 1/01/2043 0.01%ARCELORMITTAL 0.01%COVIDIEN PLC 0.01%AST Portfolio Holdings163 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioMITSUBISHI HEAVY INDUSTRIES 0.01%FANNIE MAE 5/01/2043 0.01%LOCKHEED MARTIN CORP 0.01%FREDDIE MAC 4/01/2037 0.01%FANNIE MAE 2/01/2043 0.01%TURKEY GOVT BOND 6/20/2018 0.01%CRH PLC 0.01%FREDDIE MAC 4/01/2039 0.01%GENERAL MILLS INC 0.01%KONINKLIJKE PHILIPS NV 0.01%ASTELLAS PHARMA INC 0.01%BANK NEGARA NOTE 8/14/2014 0.01%ALLERGAN INC 0.01%AVALONBAY COMMUNITIES INC 0.01%RUSSIA-OFZ 8/16/2023 0.01%PRECISION CASTPARTS CORP 0.01%FANNIE MAE 8/01/2042 0.01%SHIN-ETSU CHEMICAL CO LTD 0.01%KROGER CO 0.01%TENCENT HOLDINGS LTD 0.01%REPSOL SA 0.01%KIMBERLY-CLARK CORP 0.01%PUBLIC STORAGE 0.01%FANNIE MAE 8/01/2037 0.01%RESONA HOLDINGS INC 0.01%HONGKONG LAND HOLDINGS LTD 0.01%P G & E CORP 0.01%CARNIVAL PLC 0.01%TJX COMPANIES INC 0.01%POLAND GOVT BOND 9/23/2022 0.01%KRAFT FOODS GROUP INC 0.01%MTN GROUP LTD 0.01%BJ'S WHOLESALE CLUB INC (TL 3/26/2020 0.01%MARINA DISTRICT FINANCE (BL 8/15/2018 0.01%FANNIE MAE 5/01/2037 0.01%BRAZIL REP OF 1/20/2037 0.01%BAE SYSTEMS PLC 0.01%AMERICAN ELECTRIC POWER 0.01%ALLIANCE LAUNDRY SYSTEMS LL 12/10/2018 0.01%ATKORE INTERNATIONAL INC 4/09/2021 0.01%SHEARER'S FOODS 6/30/2021 0.01%SHEARER'S FOODS 6/30/2022 0.01%BJ'S WHOLESALE CLUB INC 9/26/2019 0.01%ATKORE INTERNATIONAL INC 10/09/2021 0.01%WESTFIELD CORP 0.01%USIC HOLDINGS INC 7/10/2020 0.01%SYNGENTA AG-REG 0.01%PANASONIC CORP 0.01%AK TRANSNEFT OAO-PREF 0.01%CHINA TELECOM CORP LTD-H 0.01%AIRBUS GROUP NV 0.01%SOUTHWEST AIRLINES CO 0.01%FANNIE MAE 7/01/2039 0.01%BRITISH LAND CO PLC 0.01%Security% of PortfolioLOEWS CORP 0.01%BROADCOM CORP-CL A 0.01%SINGAPORE TELECOMMUNICATION 0.01%SVENSKA HANDELSBANKEN-A SHS 0.01%FREDDIE MAC 2/01/2043 0.01%YAHOO! INC 0.01%UK POUND STERLING 0.01%FANNIE MAE 9/01/2038 0.01%WOOLWORTHS LTD 0.01%FANNIE MAE 5/01/2037 0.01%POTASH CORP OF SASKATCHEWAN 0.01%ILLINOIS TOOL WORKS 0.01%FANNIE MAE 6/01/2036 0.01%PEARSON PLC 0.01%FANNIE MAE 10/01/2035 0.01%FIRSTENERGY CORP 0.01%FANNIE MAE 12/01/2042 0.01%INVESTOR AB-B SHS 0.01%TELIASONERA AB 0.01%BARRICK GOLD CORP 0.01%SURGUTNEFTEGAZ-SP ADR 0.01%FANNIE MAE 3/01/2043 0.01%WOODSIDE PETROLEUM LTD 0.01%TELECOM ITALIA SPA 0.01%HUMANA INC 0.01%FANNIE MAE 11/01/2038 0.01%ANNALY CAPITAL MANAGEMENT I 0.01%UNITED PARCEL SERVICE-CL B 0.01%DISCOVERY COMMUNICATIONS-A 0.01%FANNIE MAE 5/01/2037 0.01%CONSOLIDATED EDISON INC 0.01%NOKIA OYJ 0.01%BUNGE LTD 0.01%SURGUTNEFTEGAS-PREFERENCE 0.01%DEUTSCHE POST AG-REG 0.01%SWIRE PACIFIC LTD-A 0.01%MOLSON COORS BREWING CO -B 0.01%VALE SA-SP ADR 0.01%FANNIE MAE 12/01/2042 0.01%FANNIE MAE 2/01/2036 0.01%LIBERTY GLOBAL-C 0.01%HUBBARD RADIO LLC 4/29/2019 0.01%ACADEMY LTD 8/03/2018 0.01%TRIPOINTE HOMES INC 4/07/2019 0.01%SAMPO OYJ-A SHS 0.01%RENAISSANCE LEARNING INC 4/09/2021 0.01%PPL CORPORATION 0.01%MITSUI FUDOSAN CO LTD 0.01%SUNCORP GROUP LTD 0.01%RENAISSANCE LEARNING INC 4/11/2022 0.01%INTERCONTINENTAL EXCHANGE I 0.01%BANK OF YOKOHAMA LTD/THE 0.01%APPLIED MATERIALS INC 0.01%STANDARD BANK GROUP LTD 0.01%AST Portfolio Holdings164 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioRWE AG 0.01%TOYOTA INDUSTRIES CORP 0.01%TOKYO GAS CO LTD 0.01%DELPHI AUTOMOTIVE PLC 0.01%SHIZUOKA BANK LTD/THE 0.01%BOSTON PROPERTIES INC 0.01%STAND CHART SG 3/19/2029 0.01%FUJITSU LTD 0.01%CHINA UNICOM HONG KONG LTD 0.01%ALTRIA GROUP INC 0.01%FRESENIUS SE & CO KGAA 0.01%VORNADO REALTY TRUST 0.01%ENBRIDGE INC 0.01%AMAZON.COM INC 0.01%FANNIE MAE 3/01/2043 0.01%CENTRICA PLC 0.01%WEST JAPAN RAILWAY CO 0.01%MURATA MANUFACTURING CO LTD 0.01%ATLANTIA SPA 0.01%CHUBU ELECTRIC POWER CO INC 0.01%SISTEMA JSFC-REG S SPONS GD 0.01%PUBLIC SERVICE ENTERPRISE G 0.01%AON PLC 0.01%CANADIAN PACIFIC RAILWAY LT 0.01%BANK NEGARA NOTE 1/20/2015 0.01%COMPASS GROUP 0.01%CHIBA BANK LTD/THE 0.01%BANK OF COMMUNICATIONS CO-H 0.01%MEDIATEK INC 0.01%KIRIN HOLDINGS CO LTD 0.01%KERING 0.01%DOMINION RESOURCES INC/VA 0.01%M & T BANK CORP 0.01%VALEANT PHARMACEUTICALS INT 0.01%EDISON INTERNATIONAL 0.01%CLP HOLDINGS LTD 0.01%AMERICAN CAPITAL AGENCY COR 0.01%COLOMBIA TES 4/28/2028 0.01%HANG LUNG PROPERTIES LTD 0.01%SEKISUI HOUSE LTD 0.01%FANNIE MAE 5/01/2041 0.01%PRAXAIR INC 0.01%FANNIE MAE 12/01/2042 0.01%ENTERGY CORP 0.01%VF CORP 0.01%MARSH & MCLENNAN COS 0.01%NEWS CORP - CLASS A 0.01%NATIONAL BANK OF CANADA 0.01%FREDDIE MAC 12/01/2034 0.01%PETROLEOS MEXICA 7/18/2018 0.01%ORIGIN ENERGY LTD 0.01%TELENOR ASA 0.01%CONAGRA FOODS INC 0.01%VOLKSWAGEN AG 0.01%Security% of PortfolioROSNEFT OJSC-REG S GDR 0.01%KINGFISHER PLC 0.01%AEON CO LTD 0.01%FANNIE MAE 2/01/2043 0.01%XCEL ENERGY INC 0.01%SK TELECOM 0.01%SMITH & NEPHEW PLC 0.01%ASAHI GROUP HOLDINGS LTD 0.01%DOLLAR GENERAL CORP 0.01%AUTOMATIC DATA PROCESSING 0.01%FANNIE MAE 4/01/2043 0.01%CHUNGHWA TELECOM CO LTD 0.01%SYSCO CORP 0.01%NEWMONT MINING CORP 0.01%KINDER MORGAN INC 0.01%STRYKER CORP 0.01%FANNIE MAE 10/01/2039 0.01%FUKUOKA FINANCIAL GROUP INC 0.01%HENDERSON LAND DEVELOPMENT 0.01%CHINA STEEL CORP 0.01%YUM! BRANDS INC 0.01%PTT PCL/FOREIGN 0.01%CARDINAL HEALTH INC 0.01%FRESENIUS MEDICAL CARE AG & 0.01%DAIICHI SANKYO CO LTD 0.01%FANUC CORP 0.01%ECOLAB INC 0.01%SEMPRA ENERGY 0.01%CARREFOUR SA 0.01%KEYENCE CORP 0.01%BANK HAPOALIM BM 0.01%KONINKLIJKE AHOLD NV 0.01%KOHLS CORP 0.01%COLGATE-PALMOLIVE CO 0.01%PETROLEOS MEXICA 3/05/2020 0.01%FANNIE MAE 9/01/2039 0.01%KAZMUNAYGAS NAT 1/23/2015 0.01%ASAHI KASEI CORP 0.01%SMC CORP 0.01%SPECTRA ENERGY CORP 0.01%CARLSBERG AS-B 0.01%DAIWA HOUSE INDUSTRY CO LTD 0.01%HUNGARY GOVT 6/24/2025 0.01%BANCO SANTANDER BRASIL-ADS 0.01%SSE PLC 0.01%BED BATH & BEYOND INC 0.01%SAMSUNG LIFE INSURANCE CO L 0.01%UNITED UTILITIES GROUP PLC 0.01%NASPERS LTD-N SHS 0.01%ASSOCIATED BRITISH FOODS PL 0.01%FANNIE MAE 1/01/2039 0.01%BECTON DICKINSON AND CO 0.01%JM SMUCKER CO/THE 0.01%BANCO DE SABADELL SA 0.01%AST Portfolio Holdings165 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioTHAILAND GOVT 6/16/2023 0.01%TURKEY GOVT BOND 1/12/2022 0.01%BANK OF THAILAND 1/14/2016 0.01%SYMANTEC CORP 0.01%FIDELITY NATIONAL INFORMATI 0.01%DOMINICAN REPUBL 2/10/2023 0.01%NORTHEAST UTILITIES 0.01%AIR PRODUCTS & CHEMICALS IN 0.01%INVESTMENT AB KINNEVIK-B SH 0.01%SAINSBURY (J) PLC 0.01%FANNIE MAE 4/01/2040 0.01%REPUBLIC SERVICES INC 0.01%NINTENDO CO LTD 0.01%AMERICAN RENAL HOLDINGS INC 8/20/2019 0.01%TORAY INDUSTRIES INC 0.01%ZIMMER HOLDINGS INC 0.01%WM MORRISON SUPERMARKETS 0.01%ITAUSA-INVESTIMENTOS ITAU-P 0.01%KELLOGG CO 0.01%TOKYO ELECTRON LTD 0.01%HENNES & MAURITZ AB-B SHS 0.01%REP SOUTH AFRICA 1/31/2030 0.01%WASTE MANAGEMENT INC 0.01%FANNIE MAE 1/01/2043 0.01%FANNIE MAE 4/01/2043 0.01%FREDDIE MAC 6/01/2042 0.01%NIPPON BUILDING FUND INC 0.01%KAO CORP 0.01%SVENSKA CELLULOSA AB SCA-B 0.01%AJINOMOTO CO INC 0.01%RUSSIA-OFZ 1/31/2018 0.01%FOMENTO ECONOMICO MEX-SP AD 0.01%MEGA FINANCIAL HOLDING CO L 0.01%GPT GROUP 0.01%FANNIE MAE 1/01/2043 0.01%O'REILLY AUTOMOTIVE INC 0.01%GOVERNMENT NATIONAL MORTGAG 12/15/2042 0.01%CAP GEMINI 0.01%FANNIE MAE 8/01/2037 0.01%GRUPO DE INV SURAMERICANA 0.01%NORTHERN TRUST CORP 0.01%BOC HONG KONG HOLDINGS LTD 0.01%FANNIE MAE 2/01/2038 0.01%PHILIPPINES(REP) 1/15/2021 0.01%FANNIE MAE 12/01/2042 0.01%AUSTRALIAN DOLLAR 0.01%POLAND GOVT BOND 10/25/2023 0.01%CANADA DOLLAR 0.01%LIBERTY MEDIA SHS SERIES C 0.01%L-3 COMMUNICATIONS HOLDINGS 0.01%CIT GROUP INC 0.01%FANNIE MAE 1/01/2043 0.01%CANADIAN TIRE CORP-CLASS A 0.01%AKZO NOBEL 0.01%Security% of PortfolioOMNICOM GROUP 0.01%INTUIT INC 0.01%NAN YA PLASTICS CORP 0.01%FREDDIE MAC 9/01/2042 0.01%ASUSTEK COMPUTER INC 0.01%PROLOGIS INC 0.01%MYLAN INC 0.01%FANNIE MAE 12/01/2042 0.01%FORMOSA PLASTICS CORP 0.01%FANNIE MAE 12/01/2042 0.01%SAFRAN SA 0.01%TYSON FOODS INC-CL A 0.01%CASINO GUICHARD PERRACHON 0.01%FAIRFAX FINANCIAL HLDGS LTD 0.01%PARTNERRE LTD 0.01%FANNIE MAE 4/01/2033 0.01%REYNOLDS AMERICAN INC 0.01%KANSAI ELECTRIC POWER CO IN 0.01%CHUGOKU BANK LTD/THE 0.01%HOYA CORP 0.01%FANNIE MAE 5/01/2043 0.01%POWER CORP OF CANADA 0.01%MATTEL INC 0.01%HUNGARY GOVT 6/24/2022 0.01%FANNIE MAE 3/01/2043 0.01%PUBLICIS GROUPE 0.01%THOMSON REUTERS CORP 0.01%FANNIE MAE 12/01/2042 0.01%QBE INSURANCE GROUP LTD 0.01%AMERISOURCEBERGEN CORP 0.01%ROMANIA 9/18/2020 0.01%STEINHOFF INTL HOLDINGS LTD 0.01%TAIWAN COOPERATIVE FINANCIA 0.01%JARDINE MATHESON HLDGS LTD 0.01%BANCO POPULAR ESPANOL 0.01%MITSUBISHI MOTORS CORP 0.01%PTT EXPLORATION & PROD-FOR 0.01%REPUBLIC OF PERU 9/12/2023 0.01%JAPAN REAL ESTATE INVESTMEN 0.01%HANKYU HANSHIN HOLDINGS INC 0.01%ADIDAS AG 0.01%KERRY GROUP PLC-A 0.01%TENAGA NASIONAL BHD 0.01%ESSILOR INTERNATIONAL 0.01%FRIENDS LIFE GROUP LTD 0.01%ROGERS COMMUNICATIONS INC-B 0.01%SCANA CORP 0.01%EVEREST RE GROUP LTD 0.01%HENKEL AG & CO KGAA VORZUG 0.01%TYCO INTERNATIONAL LTD 0.01%ADOBE SYSTEMS INC 0.01%MAGNIT OJSC-SPON GDR REGS 0.01%ST JUDE MEDICAL INC 0.01%WR BERKLEY CORP 0.01%AST Portfolio Holdings166 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioFANNIE MAE 12/01/2042 0.01%FANNIE MAE 10/01/2040 0.01%NRG ENERGY INC 0.01%DONGFENG MOTOR GRP CO LTD-H 0.01%FISERV INC 0.01%CAREFUSION CORP 0.01%CORIO NV 0.01%HUNGARY GOVT 6/24/2019 0.01%INTACT FINANCIAL CORP 0.01%ENCANA CORP 0.01%POWER ASSETS HOLDINGS LTD 0.01%ACTIVISION BLIZZARD INC 0.01%DTE ENERGY COMPANY 0.01%KT&G CORP 0.01%GLOBAL LOGISTIC PROPERTIES 0.01%DR PEPPER SNAPPLE GROUP INC 0.01%FANNIE MAE 7/01/2035 0.01%SAMSUNG SDI CO LTD 0.01%CRESCENT POINT ENERGY CORP 0.01%KT CORP 0.01%REED ELSEVIER PLC 0.01%SCOR SE 0.01%BOSTON SCIENTIFIC CORP 0.01%OSAKA GAS CO LTD 0.01%FORTUM OYJ 0.01%HANG SENG BANK LTD 0.01%PPG INDUSTRIES INC 0.01%LEGRAND SA 0.01%POLAND GOVT BOND 7/25/2018 0.01%REINSURANCE GROUP OF AMERIC 0.01%NKSJ HOLDINGS INC 0.01%DELHAIZE GROUP 0.01%SECOM CO LTD 0.01%TURKIYE GARANTI BANKASI 0.01%AMERICAN TOWER CORP 0.01%MALAYSIA GOVT 10/31/2019 0.01%POLAND GOVT BOND 7/25/2025 0.01%FANNIE MAE 1/01/2043 0.01%ALIMENTATION COUCHE-TARD -B 0.01%AMBEV SA-SPN ADR 0.01%TELECOM ITALIA-RSP 0.01%FANNIE MAE 4/01/2043 0.01%YAMADA DENKI CO LTD 0.01%YAMAGUCHI FINANCIAL GROUP I 0.01%ROSS STORES INC 0.01%LIBERTY VENTURES - SER A 0.01%DEXUS PROPERTY GROUP 0.01%STAND CHART SG 3/19/2024 0.01%ROPER INDUSTRIES INC 0.01%CHINA DEVELOPMENT FINANCIAL 0.01%FREDDIE MAC 2/01/2043 0.01%ESSEX PROPERTY TRUST INC 0.01%ALLEGHANY CORP 0.01%NETAPP INC 0.01%Security% of PortfolioSTAPLES INC 0.01%DOLLAR TREE INC 0.01%INSURANCE AUSTRALIA GROUP 0.01%ASAHI GLASS CO LTD 0.01%FREDDIE MAC 4/01/2033 0.01%DAI NIPPON PRINTING CO LTD 0.01%MERCK KGAA 0.01%ROHM CO LTD 0.01%CAPITA PLC 0.01%MARKS & SPENCER GROUP PLC 0.01%ANALOG DEVICES INC 0.01%AMDOCS LTD 0.01%EDF 0.01%SWISS PRIME SITE-REG 0.01%CAMDEN PROPERTY TRUST 0.01%CROWN CASTLE INT 0.01%GRUPO TELEVISA SA-SPON ADR 0.01%FANNIE MAE 1/01/2043 0.01%DIGITAL REALTY TRUST INC 0.01%ATLAS COPCO AB-A SHS 0.01%HOST HOTELS & RESORTS INC 0.01%DENTSU INC 0.01%RUSSIA-EUROBOND 3/10/2018 0.01%METRO INC 0.01%DEUTSCHE BK LOND 6/17/2032 0.01%TURKEY GOVT BOND 3/08/2023 0.01%BOUYGUES SA 0.01%CGI GROUP INC - CLASS A 0.01%FANNIE MAE 12/01/2042 0.01%FONCIERE DES REGIONS 0.01%ALEXION PHARMACEUTICALS INC 0.01%PARAGUAY 1/25/2023 0.01%ARYZTA AG 0.01%BANK OF KYOTO LTD/THE 0.01%SES 0.01%YARA INTERNATIONAL ASA 0.01%CHRISTIAN DIOR 0.01%IMPERIAL OIL LTD 0.01%ASTRA INTERNATIONAL TBK PT 0.01%UCB SA 0.01%ASSA ABLOY AB-B 0.01%GENUINE PARTS CO 0.01%AXIS CAPITAL HOLDINGS LTD 0.01%COMPAL ELECTRONICS 0.01%AGL ENERGY LTD 0.01%MOTOROLA SOLUTIONS INC 0.01%FANNIE MAE 12/01/2042 0.01%JAPAN RETAIL FUND INVESTMEN 0.01%REMGRO LTD 0.01%VALIDUS HOLDINGS LTD 0.01%OMV AG 0.01%FIRST FINANCIAL HOLDING CO 0.01%DAVITA HEALTHCARE PARTNERS 0.01%HUA NAN FINANCIAL HOLDINGS 0.01%AST Portfolio Holdings167 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioYAMANA GOLD INC 0.01%MALAYAN BANKING BHD 0.01%NIELSEN HOLDINGS 0.01%WHITBREAD PLC 0.01%SENIOR HOUSING PROP TRUST 0.01%TURKEY GOVT BOND 9/27/2023 0.01%FEDERAL HYDROGENERATING CO 0.01%NISOURCE INC 0.01%PKO BANK POLSKI SA 0.01%CHINA RESOURCES POWER HOLDI 0.01%TOPPAN PRINTING CO LTD 0.01%FANNIE MAE 11/01/2042 0.01%MEIJI HOLDINGS CO LTD 0.01%FANNIE MAE 9/01/2037 0.01%MEXICAN BONOS 11/18/2038 0.01%SHERWIN-WILLIAMS CO/THE 0.01%ADT CORP/THE 0.01%SAMSUNG FIRE & MARINE INS 0.01%QUANTA COMPUTER INC 0.01%INDITEX 0.01%FREDDIE MAC 2/01/2043 0.01%FORTIS INC 0.01%IYO BANK LTD/THE 0.01%THAILAND GOVT 12/11/2015 0.01%WILMAR INTERNATIONAL LTD 0.01%MEXICAN BONOS 6/09/2022 0.01%NIKON CORP 0.01%GOME ELECTRICAL APPLIANCES 0.01%L FRWD GBP 9/17/2014 0.01%ADP 0.01%JP MORGAN CHASE 7/02/2019 0.01%YAMATO HOLDINGS CO LTD 0.01%TOHOKU ELECTRIC POWER CO IN 0.01%STOCKLAND 0.01%BENDIGO AND ADELAIDE BANK 0.01%SAGE GROUP PLC/THE 0.01%TELSTRA CORP LTD 0.01%GROUPE BRUXELLES LAMBERT SA 0.01%CSL LTD 0.01%GAP INC/THE 0.01%GAS NATURAL SDG SA 0.01%SEKISUI CHEMICAL CO LTD 0.01%FANNIE MAE 11/01/2042 0.01%FANNIE MAE 12/01/2042 0.01%AMEREN CORPORATION 0.01%KONINKLIJKE DSM NV 0.01%SODEXO 0.01%EDP-ENERGIAS DE PORTUGAL SA 0.01%EISAI CO LTD 0.01%CFS RETAIL PROPERTY TRUST G 0.01%HOSPIRA INC 0.01%UNI-PRESIDENT ENTERPRISES C 0.01%ESTEE LAUDER COMPANIES-CL A 0.01%CULLEN/FROST BANKERS INC 0.01%Security% of PortfolioLOBLAW COMPANIES LTD 0.01%ADVANCE AUTO PARTS INC 0.01%FANNIE MAE 12/01/2042 0.01%EXPERIAN PLC 0.01%FANNIE MAE 1/01/2043 0.01%QUEST DIAGNOSTICS INC 0.01%INGRAM MICRO INC-CL A 0.01%BANK CENTRAL ASIA TBK PT 0.01%SUNTEC REIT 0.01%CA INC 0.01%AGNICO EAGLE MINES LTD 0.01%ROMANIA GOVT 6/11/2021 0.01%FAST RETAILING CO LTD 0.01%DELTA ELECTRONICS INC 0.01%LEND LEASE GROUP 0.01%TOKYU CORP 0.01%PROGRESSIVE CORP 0.01%FREDDIE MAC 1/01/2043 0.01%HYSAN DEVELOPMENT CO 0.01%COCA-COLA ENTERPRISES 0.01%LABORATORY CRP OF AMER HLDG 0.01%FANNIE MAE 3/01/2038 0.01%SHIONOGI & CO LTD 0.01%EMERA INC 0.01%PINNACLE WEST CAPITAL 0.01%ACTELION LTD-REG 0.01%AMERICAN CAMPUS COMMUNITIES 0.01%WW GRAINGER INC 0.01%ENERSIS S.A. -SPONS ADR 0.01%POLAND GOVT BOND 10/25/2020 0.01%CHINA VANKE -H- SHARES 0.01%TRANSURBAN GROUP 0.01%ZOETIS INC 0.01%INTUITIVE SURGICAL INC 0.01%FORMOSA CHEMICALS & FIBRE 0.01%PERRIGO CO PLC 0.01%TELEPERFORMANCE 0.01%SWISSCOM AG-REG 0.01%UNIVERSAL HEALTH SERVICES-B 0.01%GOVERNMENT NATIONAL MORTGAG 1/15/2033 < 0.01%JOYO BANK LTD/THE < 0.01%ALEXANDRIA REAL ESTATE EQUI < 0.01%HONG KONG DOLLAR < 0.01%CHURCH & DWIGHT CO INC < 0.01%MOBILE TELESYSTEMS-SP ADR < 0.01%UDR INC < 0.01%CONSTELLATION BRANDS INC-A < 0.01%ARGENT-GDP 12/15/2035 < 0.01%KURARAY CO LTD < 0.01%HACHIJUNI BANK LTD/THE < 0.01%EQUIFAX INC < 0.01%GOVERNMENT NATIONAL MORTGAG 2/15/2033 < 0.01%AMERICAN WATER WORKS CO INC < 0.01%RIOCAN REAL ESTATE INVST TR < 0.01%AST Portfolio Holdings168 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioTHAILAND GOVT 7/14/2021 < 0.01%LENOVO GROUP LTD < 0.01%SHAW COMMUNICATIONS INC-B < 0.01%HONDURAS 12/16/2020 < 0.01%LAURENTIAN BANK OF CANADA < 0.01%DAITO TRUST CONSTRUCT CO LT < 0.01%SOUTHWESTERN ENERGY CO < 0.01%MID-AMERICA APARTMENT COMM < 0.01%H&R REAL ESTATE INV-REIT UT < 0.01%CEZ AS < 0.01%FANNIE MAE 2/01/2023 < 0.01%FREDDIE MAC 10/01/2042 < 0.01%REED ELSEVIER NV < 0.01%COLOMBIA TES 8/26/2026 < 0.01%FREDDIE MAC 8/01/2042 < 0.01%ALLIED WORLD ASSURANCE CO < 0.01%CATAMARAN CORP < 0.01%FANNIE MAE 5/01/2030 < 0.01%FOOT LOCKER INC < 0.01%TORCHMARK CORP < 0.01%ROMANIA 11/07/2019 < 0.01%CR BARD INC < 0.01%KERRY PROPERTIES LTD < 0.01%HONG KONG & CHINA GAS < 0.01%GRUPO FINANCIERO INBURSA-O < 0.01%AGL RESOURCES INC < 0.01%SAPUTO INC < 0.01%AMADEUS IT HOLDING SA-A SHS < 0.01%ASCENDAS REAL ESTATE INV TR < 0.01%GECINA SA < 0.01%FEDERAL REALTY INVS TRUST < 0.01%SHIMANO INC < 0.01%BANDAI NAMCO HOLDINGS INC < 0.01%RENAISSANCERE HOLDINGS LTD < 0.01%NEW YORK COMMUNITY BANCORP < 0.01%NGK SPARK PLUG CO LTD < 0.01%BUNZL PLC < 0.01%FREDDIE MAC 5/01/2042 < 0.01%KINROSS GOLD CORP < 0.01%GENERAL GROWTH PROPERTIES < 0.01%NIDEC CORP < 0.01%TDC A/S < 0.01%BAYERISCHE MOTOREN WERKE-PR < 0.01%AOZORA BANK LTD < 0.01%WALMART DE MEXICO-SER V < 0.01%TIM HORTONS INC < 0.01%ORIENTAL LAND CO LTD < 0.01%QIAGEN N.V. < 0.01%DEUTSCHE BOERSE AG < 0.01%SEADRILL LTD < 0.01%ASSURANT INC < 0.01%KYUSHU ELECTRIC POWER CO IN < 0.01%ECOPETROL SA-SPONSORED ADR < 0.01%LUKOIL INTL FIN 11/09/2020 < 0.01%Security% of PortfolioSYNOPSYS INC < 0.01%BELL ALIANT INC < 0.01%ENERGIZER HOLDINGS INC < 0.01%GAMESTOP CORP-CLASS A < 0.01%CAPITAMALL TRUST < 0.01%ELECTRIC POWER DEVELOPMENT < 0.01%HCC INSURANCE HOLDINGS INC < 0.01%SAFEWAY INC < 0.01%PENNON GROUP PLC < 0.01%AXIATA GROUP BERHAD < 0.01%BANCO BRADESCO S.A. < 0.01%BANK OF EAST ASIA < 0.01%FANNIE MAE 12/01/2042 < 0.01%EUROCOMMERCIAL PROPERTIE-CV < 0.01%DAIHATSU MOTOR CO LTD < 0.01%MITSUBISHI TANABE PHARMA < 0.01%FANNIE MAE 1/01/2043 < 0.01%THALES SA < 0.01%CHINA CINDA ASSET MANAGEME- < 0.01%SOFINA < 0.01%MARKEL CORP < 0.01%BERKELEY GROUP HOLDINGS < 0.01%INGREDION INC < 0.01%INTEGRYS ENERGY GROUP INC < 0.01%SHIMIZU CORP < 0.01%TOWERS WATSON & CO-CL A < 0.01%JARDINE STRATEGIC HLDGS LTD < 0.01%POLAND GOVT BOND 10/25/2019 < 0.01%SIGMA-ALDRICH < 0.01%PGE SA < 0.01%HOKUHOKU FINANCIAL GROUP IN < 0.01%SIME DARBY BERHAD < 0.01%ASPEN INSURANCE HOLDINGS LT < 0.01%SUEZ ENVIRONNEMENT CO < 0.01%IDEMITSU KOSAN CO LTD < 0.01%FANNIE MAE 4/01/2043 < 0.01%GREAT PORTLAND ESTATES PLC < 0.01%ROMANIA GOVT 6/24/2019 < 0.01%SWIRE PROPERTIES LTD < 0.01%BERNER KANTONALBANK AG-REG < 0.01%GIVAUDAN-REG < 0.01%HIROSHIMA BANK LTD/THE < 0.01%MCCORMICK & CO-NON VTG SHRS < 0.01%BRF SA < 0.01%FIRST REPUBLIC BANK/CA < 0.01%OJI HOLDINGS CORP < 0.01%HANG LUNG GROUP LTD < 0.01%PEMBINA PIPELINE CORP < 0.01%KEIO CORP < 0.01%NOVATEK OAO-SPONS GDR REG S < 0.01%PEPCO HOLDINGS INC < 0.01%WESTERN UNION CO < 0.01%UOL GROUP LTD < 0.01%HENKEL AG & CO KGAA < 0.01%AST Portfolio Holdings169 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioSMITHS GROUP PLC < 0.01%KUNLUN ENERGY CO LTD < 0.01%TELEKOMUNIKASI INDONESIA PE < 0.01%DCC PLC < 0.01%AMCOR LIMITED < 0.01%MAXIM INTEGRATED PRODUCTS < 0.01%UNITED URBAN INVESTMENT COR < 0.01%KONINKLIJKE KPN NV < 0.01%ARCH CAPITAL GROUP LTD < 0.01%HBM HEALTHCARE IVST-A < 0.01%LIXIL GROUP CORP < 0.01%AUSTRALIA DOLLAR < 0.01%SANLAM LTD < 0.01%IMMOFINANZ AG < 0.01%H&R BLOCK INC < 0.01%TELEPHONE AND DATA SYSTEMS < 0.01%ZODIAC AEROSPACE < 0.01%E.SUN FINANCIAL HOLDING CO < 0.01%BABCOCK INTL GROUP PLC < 0.01%KAGOME CO LTD < 0.01%FANNIE MAE 6/01/2037 < 0.01%MEXICAN BONOS 12/07/2023 < 0.01%SHIN KONG FINANCIAL HOLDING < 0.01%ROMANIA GOVT 7/26/2017 < 0.01%FRANCO-NEVADA CORP < 0.01%BALL CORP < 0.01%ONO PHARMACEUTICAL CO LTD < 0.01%PUBLIC BANK BERHAD < 0.01%ISETAN MITSUKOSHI HOLDINGS < 0.01%MIRVAC GROUP < 0.01%KONE OYJ-B < 0.01%ALASKA AIR GROUP INC < 0.01%NITORI HOLDINGS CO LTD < 0.01%LIBERTY GLOBAL-A < 0.01%NETEASE INC-ADR < 0.01%NOMURA REAL ESTATE OFFICE F < 0.01%NIPPON PAINT CO LTD < 0.01%NH FOODS LTD < 0.01%BR MALLS PARTICIPACOES SA < 0.01%SEIKO EPSON CORP < 0.01%CANADIAN DOLLAR < 0.01%DOMINICAN REPUBL 2/04/2028 < 0.01%OPEN TEXT CORP < 0.01%NAVER CORP < 0.01%MIZRAHI TEFAHOT BANK LTD < 0.01%FREDDIE MAC 9/01/2042 < 0.01%MEDIOBANCA SPA < 0.01%SCRIPPS NETWORKS INTER-CL A < 0.01%BEST BUY CO INC < 0.01%K+S AG-REG < 0.01%SNAM SPA < 0.01%ELDORADO GOLD CORP < 0.01%CASTELLUM AB < 0.01%OBAYASHI CORP < 0.01%Security% of PortfolioGUNMA BANK LTD/THE < 0.01%LOTTE SHOPPING CO < 0.01%VENTURE CORP LTD < 0.01%FANNIE MAE 6/01/2037 < 0.01%BRAMBLES LTD < 0.01%GOVERNMENT NATIONAL MORTGAG 5/15/2034 < 0.01%TAISEI CORP < 0.01%ROCKWELL COLLINS INC < 0.01%BANK NEGARA NOTE 10/16/2014 < 0.01%RSA INSURANCE GROUP PLC < 0.01%CAIXABANK S.A < 0.01%ATOS < 0.01%CIMB GROUP HOLDINGS BHD < 0.01%TAISHO PHARMACEUTICAL HOLDI < 0.01%COMPUTER SCIENCES CORP < 0.01%CERNER CORP < 0.01%GREAT-WEST LIFECO INC < 0.01%HUANENG POWER INTL INC-H < 0.01%HANNOVER RUECK SE < 0.01%ELECTRONIC ARTS INC < 0.01%HYUNDAI MOTOR CO LTD-2ND PR < 0.01%CABOT OIL & GAS CORP < 0.01%TERUMO CORP < 0.01%HUSKY ENERGY INC < 0.01%C.H. ROBINSON WORLDWIDE INC < 0.01%CHIPOTLE MEXICAN GRILL INC < 0.01%BRENNTAG AG < 0.01%YUEXIU REAL ESTATE INVESTME < 0.01%NISSIN FOODS HOLDINGS CO LT < 0.01%MCGRAW HILL FINANCIAL INC < 0.01%APA GROUP < 0.01%CHUGOKU ELECTRIC POWER CO < 0.01%SURUGA BANK LTD < 0.01%CREDICORP LTD < 0.01%POWSZECHNY ZAKLAD UBEZPIECZ < 0.01%EDWARDS LIFESCIENCES CORP < 0.01%OTP BANK PLC < 0.01%FANNIE MAE 1/01/2043 < 0.01%KILROY REALTY CORP < 0.01%TENARIS SA < 0.01%ROSTELECOM < 0.01%SGS SA-REG < 0.01%RANDGOLD RESOURCES LTD < 0.01%NIPPON EXPRESS CO LTD < 0.01%ARM HOLDINGS PLC < 0.01%FANNIE MAE 1/01/2043 < 0.01%LIBERTY MEDIA CORP - A < 0.01%FANNIE MAE 4/01/2037 < 0.01%SEVERN TRENT PLC < 0.01%AIR LEASE CORP < 0.01%COMMERCE BANCSHARES INC < 0.01%FANNIE MAE 4/01/2043 < 0.01%SWEDISH KRONA < 0.01%CINTAS CORP < 0.01%AST Portfolio Holdings170 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioNTT DATA CORP < 0.01%HUTCHISON PORT HOLDINGS TR- < 0.01%JAPAN AIRLINES CO LTD < 0.01%BOLLORE < 0.01%CALLOWAY REAL ESTATE INVEST < 0.01%PIEDMONT OFFICE REALTY TRU- < 0.01%CHILE 1/01/2020 < 0.01%ASCIANO LTD < 0.01%FNF GROUP < 0.01%BALOISE HOLDING AG - REG < 0.01%ANGLOGOLD ASHANTI-SPON ADR < 0.01%SL GREEN REALTY CORP < 0.01%LONZA GROUP AG-REG < 0.01%DERWENT LONDON PLC < 0.01%URALKALI-SPON GDR-REG S < 0.01%FANNIE MAE 12/01/2042 < 0.01%MICHAEL KORS HOLDINGS LTD < 0.01%BANK NEGARA NOTE 10/28/2014 < 0.01%FANNIE MAE 1/01/2043 < 0.01%WASTE CONNECTIONS INC < 0.01%ORICA LTD < 0.01%LIBERTY PROPERTY TRUST < 0.01%SONIC HEALTHCARE LTD < 0.01%WERELDHAVE NV < 0.01%STMICROELECTRONICS NV < 0.01%PSP SWISS PROPERTY AG-REG < 0.01%EQT CORP < 0.01%E-MART CO LTD < 0.01%NISHI-NIPPON CITY BANK LTD < 0.01%TELEFONICA BRASIL-ADR < 0.01%STARWOOD PROPERTY TRUST INC < 0.01%REXAM PLC < 0.01%KYOWA HAKKO KIRIN CO LTD < 0.01%HATTERAS FINANCIAL CORP < 0.01%LUZERNER KANTONALBANK AG-RE < 0.01%DEUTSCHE LUFTHANSA-REG < 0.01%COMMUNITY HEALTH SYSTEMS IN < 0.01%HEINEKEN NV < 0.01%NIPPON PAPER INDUSTRIES CO < 0.01%BANK PEKAO SA < 0.01%G4S PLC < 0.01%TELEFONICA DEUTSCHLAND HOLD < 0.01%BELLE INTERNATIONAL HOLDING < 0.01%MARUICHI STEEL TUBE LTD < 0.01%ALTAGAS LTD < 0.01%XYLEM INC < 0.01%WHOLE FOODS MARKET INC < 0.01%CHANG HWA COMMERCIAL BANK < 0.01%CHINA UNICOM HK 4/16/2017 < 0.01%DASSAULT SYSTEMES SA < 0.01%MEXICAN UDIBONOS 6/16/2016 < 0.01%J FRONT RETAILING CO LTD < 0.01%QUANTA SERVICES INC < 0.01%77 BANK LTD/THE < 0.01%Security% of PortfolioALFRESA HOLDINGS CORP < 0.01%AMERICAN FINANCIAL GROUP IN < 0.01%INTERSHOP HOLDINGS AG-BR < 0.01%DENTSPLY INTERNATIONAL INC < 0.01%FANNIE MAE 9/01/2038 < 0.01%INTL FLAVORS & FRAGRANCES < 0.01%ORKLA ASA < 0.01%FANNIE MAE 5/01/2043 < 0.01%HOLOGIC INC < 0.01%MARINE HARVEST < 0.01%EXTRA SPACE STORAGE INC < 0.01%NICE SYSTEMS LTD-SPONS ADR < 0.01%CHINA RESOURCES ENTERPRISE < 0.01%GOVERNMENT NATIONAL MORTGAG 9/15/2034 < 0.01%INVESCO MORTGAGE CAPITAL < 0.01%VARIAN MEDICAL SYSTEMS INC < 0.01%LEGGETT & PLATT INC < 0.01%EXELIS INC < 0.01%GILDAN ACTIVEWEAR INC < 0.01%CIA ENERGETICA MINAS GER-PR < 0.01%NEXT PLC < 0.01%TRIUMPH GROUP INC < 0.01%EUTELSAT COMMUNICATIONS < 0.01%HUISHANG BANK CORP LTD-H < 0.01%INTERTEK GROUP PLC < 0.01%HENRY SCHEIN INC < 0.01%TOBU RAILWAY CO LTD < 0.01%NOVOZYMES A/S-B SHARES < 0.01%SINGAPORE AIRLINES LTD < 0.01%CALPINE CORP < 0.01%BANCA POPOLARE DI MILANO < 0.01%BARCLAYS AFRICA GROUP LTD < 0.01%WISCONSIN ENERGY CORP < 0.01%CHAMPION REIT < 0.01%FANNIE MAE 1/01/2043 < 0.01%TAKASHIMAYA CO LTD < 0.01%HACI OMER SABANCI HOLDING < 0.01%TIKKURILA OYJ < 0.01%ASSOCIATED BANC-CORP < 0.01%FANNIE MAE 5/01/2043 < 0.01%FASTENAL CO < 0.01%PALL CORP < 0.01%HOUSE FOODS GROUP INC < 0.01%FANNIE MAE 12/01/2042 < 0.01%AMERICA MOVIL SA 6/09/2019 < 0.01%GOLD FIELDS LTD-SPONS ADR < 0.01%MERCURY GENERAL CORP < 0.01%TELEFLEX INC < 0.01%BENESSE HOLDINGS INC < 0.01%STAND CHART SG 3/19/2029 < 0.01%NISSHIN SEIFUN GROUP INC < 0.01%REALTY INCOME CORP < 0.01%HUNTINGTON INGALLS INDUSTRI < 0.01%OMNICARE INC < 0.01%AST Portfolio Holdings171 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioKAJIMA CORP < 0.01%SK GAS LTD < 0.01%MONSTER BEVERAGE CORP < 0.01%KIKKOMAN CORP < 0.01%SANTEN PHARMACEUTICAL CO LT < 0.01%AMOREPACIFIC CORP < 0.01%COFINIMMO < 0.01%HOME PROPERTIES INC < 0.01%ALLIANT TECHSYSTEMS INC < 0.01%CP ALL PCL-FOREIGN < 0.01%LAGARDERE SCA < 0.01%KIMCO REALTY CORP < 0.01%JGC CORP < 0.01%PETSMART INC < 0.01%CENTERPOINT ENERGY INC < 0.01%GOVERNMENT NATIONAL MORTGAG 7/15/2033 < 0.01%TURKCELL ILETISIM HIZMET AS < 0.01%FAMILY DOLLAR STORES < 0.01%NORTH PACIFIC BANK LTD < 0.01%SUMITOMO RUBBER INDUSTRIES < 0.01%GARMIN LTD < 0.01%MACERICH CO/THE < 0.01%GIBSON ENERGY INC < 0.01%JP MORGAN CHASE 3/19/2029 < 0.01%AERCAP HOLDINGS NV < 0.01%OCWEN FINANCIAL CORP < 0.01%FLUGHAFEN ZUERICH AG-REG < 0.01%BRITISH SKY BROADCASTING GR < 0.01%KINTETSU CORP < 0.01%COMMONWEALTH REIT < 0.01%GENEL ENERGY PLC < 0.01%KENEDIX RESIDENTIAL INVESTM < 0.01%JAPAN PRIME REALTY INVESTME < 0.01%BEIJING ENTERPRISES HLDGS < 0.01%AUCKLAND INTL AIRPORT LTD < 0.01%CAPITAL & COUNTIES PROPERTI < 0.01%HUNGARY GOVT 11/24/2023 < 0.01%LITE-ON TECHNOLOGY CORP < 0.01%EQUITY LIFESTYLE PROPERTIES < 0.01%DEUTSCHE EUROSHOP AG < 0.01%KURITA WATER INDUSTRIES LTD < 0.01%ASTM SPA < 0.01%CASIO COMPUTER CO LTD < 0.01%KENTZ CORP LTD < 0.01%POST PROPERTIES INC < 0.01%HORMEL FOODS CORP < 0.01%SHISEIDO CO LTD < 0.01%GIMV NV < 0.01%RAKUTEN INC < 0.01%PLUM CREEK TIMBER CO < 0.01%SKYCITY ENTERTAINMENT GROUP < 0.01%VOYA FINANCIAL INC < 0.01%VERISK ANALYTICS INC-CLASS < 0.01%WESTON (GEORGE) LTD < 0.01%Security% of PortfolioXILINX INC < 0.01%HARRIS CORP < 0.01%BANKIA SA < 0.01%ROYAL GOLD INC < 0.01%DREAM OFFICE REAL ESTATE IN < 0.01%FAMILYMART CO LTD < 0.01%GUANGZHOU AUTOMOBILE GROUP- < 0.01%LKQ CORP < 0.01%WILLIS GROUP HOLDINGS PLC < 0.01%TELUS CORP < 0.01%TAIWAN BUSINESS BANK < 0.01%IHS INC-CLASS A < 0.01%BANK NEGARA NOTE 11/06/2014 < 0.01%DARDEN RESTAURANTS INC < 0.01%COMPUTERSHARE LTD < 0.01%GREAT PLAINS ENERGY INC < 0.01%WESTAR ENERGY INC < 0.01%AMOREPACIFIC GROUP < 0.01%NASDAQ OMX GROUP/THE < 0.01%HUNGARY GOVT 11/12/2020 < 0.01%HOPEWELL HOLDINGS LTD < 0.01%NAGOYA RAILROAD CO LTD < 0.01%GRUPO AVAL ACCIONES-PF < 0.01%ARRIS GROUP INC < 0.01%FERROVIAL SA < 0.01%PEOPLE'S INSURANCE CO GROU- < 0.01%CORPORACION FINANCIERA ALBA < 0.01%GENWORTH MI CANADA INC < 0.01%VOESTALPINE AG < 0.01%PPB GROUP BERHAD < 0.01%SILICONWARE PRECISION INDS < 0.01%CATLIN GROUP LTD < 0.01%S.A.C.I. FALABELLA < 0.01%VALIANT HOLDING AG-REG < 0.01%WATERS CORP < 0.01%TECH DATA CORP < 0.01%VASTNED RETAIL NV < 0.01%KEY COFFEE INC < 0.01%CA IMMOBILIEN ANLAGEN AG < 0.01%HOKURIKU ELECTRIC POWER CO < 0.01%SEINO HOLDINGS CO LTD < 0.01%WAREHOUSES DE PAUW SCA < 0.01%SENSIENT TECHNOLOGIES CORP < 0.01%GOVERNMENT NATIONAL MORTGAG 11/15/2032 < 0.01%INGENICO < 0.01%MEXICAN BONOS 5/31/2029 < 0.01%HENGAN INTL GROUP CO LTD < 0.01%FANNIE MAE 9/01/2036 < 0.01%FIRST PACIFIC CO < 0.01%POWER FINANCIAL CORP < 0.01%SAMSUNG ELECTRO-MECHANICS C < 0.01%FORTUNE REIT < 0.01%ELECTROLUX AB-SER B < 0.01%MEDNAX INC < 0.01%AST Portfolio Holdings172 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioBANCA POPOLARE DI SONDRIO < 0.01%HOLMEN AB-B SHARES < 0.01%GEBERIT AG-REG < 0.01%THAI BEVERAGE PCL < 0.01%WILEY (JOHN) & SONS-CLASS A < 0.01%OGE ENERGY CORP < 0.01%CITIZEN HOLDINGS CO LTD < 0.01%POU CHEN < 0.01%WACOAL HOLDINGS CORP < 0.01%SOCIETE BIC SA < 0.01%MOROCCO DIRHAMS < 0.01%CAN APARTMENT PROP REAL EST < 0.01%BEFIMMO < 0.01%MALAYSIA GOVT 9/30/2021 < 0.01%FANNIE MAE 12/01/2042 < 0.01%HILLSHIRE BRANDS CO/THE < 0.01%FANNIE MAE 2/01/2034 < 0.01%BEZEQ THE ISRAELI TELECOM C < 0.01%EXPEDITORS INTL WASH INC < 0.01%BROWN-FORMAN CORP-CLASS B < 0.01%CHUGAI PHARMACEUTICAL CO LT < 0.01%SKF AB-B SHARES < 0.01%CAPITACOMMERCIAL TRUST < 0.01%COOPER COS INC/THE < 0.01%FIRST AMERICAN FINANCIAL < 0.01%CHINA MENGNIU DAIRY CO < 0.01%VALSPAR CORP < 0.01%BROADRIDGE FINANCIAL SOLUTI < 0.01%SALIX PHARMACEUTICALS LTD < 0.01%TATTS GROUP LTD < 0.01%ORIX JREIT INC < 0.01%HANOVER INSURANCE GROUP INC < 0.01%GERDAU SA -SPON ADR < 0.01%BANQUE NATIONALE DE BELGIQU < 0.01%SAN MIGUEL CORP < 0.01%EMPIRE CO LTD 'A' < 0.01%KANSAI PAINT CO LTD < 0.01%HEALTH NET INC < 0.01%GOVERNMENT NATIONAL MORTGAG 8/15/2033 < 0.01%BANKUNITED INC < 0.01%SKANSKA AB-B SHS < 0.01%ENDURANCE SPECIALTY HOLDING < 0.01%FLEETCOR TECHNOLOGIES INC < 0.01%POLAND ZLOTY < 0.01%WILLIAM HILL PLC < 0.01%GREENCORE GROUP PLC < 0.01%KEISEI ELECTRIC RAILWAY CO < 0.01%SYMRISE AG < 0.01%LIFEPOINT HOSPITALS INC < 0.01%STERICYCLE INC < 0.01%RESMED INC < 0.01%CROSS CURRENCY SWAP 3/10/2016 < 0.01%YUEXIU PROPERTY CO LTD < 0.01%SAIPEM SPA < 0.01%Security% of PortfolioYAKULT HONSHA CO LTD < 0.01%FANNIE MAE 11/01/2042 < 0.01%CHENG SHIN RUBBER IND CO LT < 0.01%GRUPO FIN SANTANDER-B < 0.01%DIAMOND OFFSHORE DRILLING < 0.01%RETAIL PROPERTIES OF AME - < 0.01%SONOVA HOLDING AG-REG < 0.01%ENEL GREEN POWER SPA < 0.01%MICROCHIP TECHNOLOGY INC < 0.01%CIA ENERGETICA DE SP-PREF B < 0.01%MACK-CALI REALTY CORP < 0.01%TURKEY GOVT BOND 10/07/2015 < 0.01%WSP GLOBAL INC < 0.01%NEOPOST SA < 0.01%SEGA SAMMY HOLDINGS INC < 0.01%AVISTA CORP < 0.01%GEMALTO < 0.01%GLORY LTD < 0.01%CREDIT SAISON CO LTD < 0.01%COLOPLAST-B < 0.01%FANNIE MAE 12/01/2042 < 0.01%GRUPO NUTRESA SA < 0.01%PROASSURANCE CORP < 0.01%CINCINNATI FINANCIAL CORP < 0.01%NIGERIA GOVERNME 6/29/2019 < 0.01%NETFLIX INC < 0.01%RPM INTERNATIONAL INC < 0.01%ILIAD SA < 0.01%PROSPERITY BANCSHARES INC < 0.01%UGI CORP < 0.01%EMPRESA NAC ELEC-CHIL-SP AD < 0.01%FREDDIE MAC 5/01/2040 < 0.01%CJ KOREA EXPRESS CORP < 0.01%CNP ASSURANCES < 0.01%ALFA LAVAL AB < 0.01%RANGE RESOURCES CORP < 0.01%IDACORP INC < 0.01%ICADE < 0.01%BIOMED REALTY TRUST INC < 0.01%WARTSILA OYJ ABP < 0.01%MTR CORP < 0.01%SKY NETWORK TELEVISION LTD < 0.01%YAMAZAKI BAKING CO LTD < 0.01%TELE2 AB-B SHS < 0.01%HANCOCK HOLDING CO < 0.01%BELLWAY PLC < 0.01%FINMECCANICA SPA < 0.01%RYMAN HEALTHCARE LTD < 0.01%IAC/INTERACTIVECORP < 0.01%GOVERNMENT NATIONAL MORTGAG 11/15/2032 < 0.01%SPIRIT AIRLINES INC < 0.01%THAILAND GOVT 12/17/2021 < 0.01%GOVERNMENT NATIONAL MORTGAG 4/15/2034 < 0.01%ONEOK INC < 0.01%AST Portfolio Holdings173 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioSECURITAS AB-B SHS < 0.01%UNY GROUP HOLDINGS CO LTD < 0.01%KOMERCNI BANKA AS < 0.01%ELBIT SYSTEMS LTD < 0.01%SHIMACHU CO LTD < 0.01%MILLICOM INTL CELLULAR-SDR < 0.01%FANNIE MAE 12/01/2042 < 0.01%KAGOSHIMA BANK LTD/THE < 0.01%SELECT INCOME REIT < 0.01%MEDIPAL HOLDINGS CORP < 0.01%LINDT & SPRUENGLI AG-REG < 0.01%SERVICE CORP INTERNATIONAL < 0.01%HUSQVARNA AB-B SHS < 0.01%CAMPBELL SOUP CO < 0.01%AZRIELI GROUP < 0.01%HEINEKEN HOLDING NV < 0.01%TATE & LYLE PLC < 0.01%BILFINGER SE < 0.01%ALLREAL HOLDING AG-REG < 0.01%GOODMAN GROUP < 0.01%ANA HOLDINGS INC < 0.01%SHINKIN CENTRAL BANK CLASS- < 0.01%ASICS CORP < 0.01%PARGESA HOLDING SA-BR < 0.01%GROWTHPOINT PROPERTIES LTD < 0.01%WANT WANT CHINA HOLDINGS LT < 0.01%FIRST CAPITAL REALTY INC < 0.01%PAYCHEX INC < 0.01%GAZPROM NEFT-SPONSORED ADR < 0.01%IGM FINANCIAL INC < 0.01%FANNIE MAE 1/01/2043 < 0.01%UNICHARM CORP < 0.01%IRON MOUNTAIN INC < 0.01%ITT CORP < 0.01%WOLTERS KLUWER < 0.01%RYOSAN CO LTD < 0.01%YAMAHA CORP < 0.01%GOVERNMENT NATIONAL MORTGAG 3/15/2033 < 0.01%HEALTHCARE REALTY TRUST INC < 0.01%SK C&C CO LTD < 0.01%BANCA POPOL EMILIA ROMAGNA < 0.01%FILA KOREA LTD < 0.01%SAMSUNG CARD CO < 0.01%TOYO SUISAN KAISHA LTD < 0.01%HERSHEY CO/THE < 0.01%TOHO CO LTD < 0.01%NISSHINBO HOLDINGS INC < 0.01%FREENET AG < 0.01%ACS ACTIVIDADES CONS Y SERV < 0.01%SAN-IN GODO BANK LTD/THE < 0.01%COMINAR REAL ESTATE INV-TR < 0.01%EREGLI DEMIR VE CELIK FABRI < 0.01%QUESTCOR PHARMACEUTICALS < 0.01%STANTEC INC < 0.01%Security% of PortfolioIT HOLDINGS CORP < 0.01%THAILAND GOVT 6/13/2019 < 0.01%HASBRO INC < 0.01%INVESTA OFFICE FUND < 0.01%NORWEGIAN KRONE < 0.01%PLATINUM UNDERWRITERS HLDGS < 0.01%LAWSON INC < 0.01%FIBRA UNO ADMINISTRACION SA < 0.01%METRO AG < 0.01%TRACTOR SUPPLY COMPANY < 0.01%RLJ LODGING TRUST < 0.01%VERTEX PHARMACEUTICALS INC < 0.01%MACQUARIE KOREA INFRA FUND < 0.01%LATAM AIRLINES GROUP SA < 0.01%ATRIUM EUROPEAN REAL ESTATE < 0.01%AMLIN PLC < 0.01%SAMCHULLY CO LTD < 0.01%SONOCO PRODUCTS CO < 0.01%GUANGDONG INVESTMENT LTD < 0.01%SIGNATURE BANK < 0.01%BANCO DAVIVIENDA SA < 0.01%JAPAN AIRPORT TERMINAL CO < 0.01%HYUNDAI WIA CORP < 0.01%SHOWA SHELL SEKIYU KK < 0.01%FIRSTMERIT CORP < 0.01%KOREA GAS CORPORATION < 0.01%RHOEN-KLINIKUM AG < 0.01%GALENICA AG-REG < 0.01%ATEA ASA < 0.01%ITC HOLDINGS CORP < 0.01%DONGBU INSURANCE CO LTD < 0.01%AIRGAS INC < 0.01%NATIONAL RETAIL PROPERTIES < 0.01%CHAROEN POKPHAND FOOD-FORGN < 0.01%FANNIE MAE 12/01/2042 < 0.01%BANK OF HAWAII CORP < 0.01%YUE YUEN INDUSTRIAL HLDG < 0.01%GOVERNMENT NATIONAL MORTGAG 7/15/2033 < 0.01%SUMITOMO FORESTRY CO LTD < 0.01%COMSYS HOLDINGS CORP < 0.01%RESOLUTE FOREST PRODUCTS < 0.01%PEOPLE'S UNITED FINANCIAL < 0.01%SIMCORP A/S < 0.01%BANQUE CANTONALE VAUDOIS-RE < 0.01%FREDDIE MAC 1/01/2043 < 0.01%CITY NATIONAL CORP < 0.01%STAND CHART SG 3/19/2029 < 0.01%GN STORE NORD A/S < 0.01%AUTONATION INC < 0.01%SHINSEGAE CO LTD < 0.01%HAKUHODO DY HOLDINGS INC < 0.01%NIPPON SHOKUBAI CO LTD < 0.01%FREDDIE MAC 8/01/2037 < 0.01%GLOBAL PAYMENTS INC < 0.01%AST Portfolio Holdings174 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioCTRIP.COM INTERNATIONAL-ADR < 0.01%DOLLARAMA INC < 0.01%CJ CHEILJEDANG CORP < 0.01%FREDDIE MAC 4/01/2033 < 0.01%SINOPEC ENGINEERING GROUP-H < 0.01%NEDBANK GROUP LTD < 0.01%CROWN RESORTS LTD < 0.01%SHIMADZU CORP < 0.01%HAMMERSON PLC < 0.01%KAMIGUMI CO LTD < 0.01%BANCO DE CREDITO E INVERSIO < 0.01%GREENE KING PLC < 0.01%EASYJET PLC < 0.01%HULIC CO LTD < 0.01%NIPPON SHINYAKU CO LTD < 0.01%MINDRAY MEDICAL INTL LTD-AD < 0.01%KENEDIX OFFICE INVESTMENT C < 0.01%NCC AB-B SHS < 0.01%BANK NEGARA INDONESIA PERSE < 0.01%ALLIANT ENERGY CORP < 0.01%CROSS CURRENCY SWAP 5/13/2024 < 0.01%SHANGRI-LA ASIA LTD < 0.01%HYUNDAI GLOVIS CO LTD < 0.01%TRUSTPOWER LTD < 0.01%GOVERNMENT NATIONAL MORTGAG 3/15/2033 < 0.01%ENN ENERGY HOLDINGS LTD < 0.01%NUTRECO NV < 0.01%MITSUBISHI UFJ LEASE & FINA < 0.01%PRIMARY HEALTH CARE LTD < 0.01%NAGASE & CO LTD < 0.01%CAPITALAND LTD < 0.01%SINGAPORE PRESS HOLDINGS LT < 0.01%TAURON POLSKA ENERGIA SA < 0.01%CHEUNG KONG INFRASTRUCTURE < 0.01%GOVERNMENT NATIONAL MORTGAG 9/15/2033 < 0.01%CROSS CURRENCY SWAP 5/12/2024 < 0.01%ILLUMINA INC < 0.01%CAE INC < 0.01%HIGO BANK LTD/THE < 0.01%SAAB AB-B < 0.01%FANNIE MAE 12/01/2042 < 0.01%BOLSAS Y MERCADOS ESPANOLES < 0.01%VALORA HOLDING AG-REG < 0.01%SOHO CHINA LTD < 0.01%KINDEN CORP < 0.01%ADEKA CORP < 0.01%TREEHOUSE FOODS INC < 0.01%CORPORATE OFFICE PROPERTIES < 0.01%SUZUKEN CO LTD < 0.01%TOPDANMARK A/S < 0.01%SOVRAN SELF STORAGE INC < 0.01%LINEAR TECHNOLOGY CORP < 0.01%MSCI INC < 0.01%BARRY CALLEBAUT AG-REG < 0.01%Security% of PortfolioMETALL ZUG AG-SHS B-REG < 0.01%ONEX CORPORATION < 0.01%BB SEGURIDADE PARTICIPACOES < 0.01%SYMETRA FINANCIAL CORP < 0.01%LG HAUSYS LTD < 0.01%FRONTIER REAL ESTATE INVEST < 0.01%TURKEY GOVT BOND 9/14/2022 < 0.01%RAYONIER INC < 0.01%AOYAMA TRADING CO LTD < 0.01%LIG INSURANCE CO LTD < 0.01%NIGERIA T-BILL 5/07/2015 < 0.01%ALLIANCE GL GRP 8/18/2017 < 0.01%KONAMI CORP < 0.01%TECHNE CORP < 0.01%SHIMAMURA CO LTD < 0.01%ITAU UNIBANCO HOLDING SA < 0.01%FANNIE MAE 12/01/2042 < 0.01%CCL INDUSTRIES INC - CL B < 0.01%DH CORP < 0.01%ALMACENES EXITO SA < 0.01%BCE INC < 0.01%MEXICAN BONOS 6/10/2021 < 0.01%RYOHIN KEIKAKU CO LTD < 0.01%BANK OF THE RYUKYUS LTD < 0.01%POLSKIE GORNICTWO NAFTOWE I < 0.01%HAWAIIAN ELECTRIC INDS < 0.01%HAMAMATSU PHOTONICS KK < 0.01%SONY FINANCIAL HOLDINGS INC < 0.01%FANNIE MAE 4/01/2043 < 0.01%SLIGRO FOOD GROUP NV < 0.01%OLYMPUS CORP < 0.01%DEUTSCHE WOHNEN AG-BR < 0.01%TOKYO OHKA KOGYO CO LTD < 0.01%CATHAY PACIFIC AIRWAYS < 0.01%DIANA SHIPPING INC < 0.01%TINGYI (CAYMAN ISLN) HLDG C < 0.01%TARGA RESOURCES CORP < 0.01%RHB CAPITAL BHD < 0.01%ACCIONA SA < 0.01%FLIR SYSTEMS INC < 0.01%QUESTAR CORP < 0.01%BOARDWALK REAL ESTATE INVES < 0.01%LUNDBERGS AB-B SHS < 0.01%PHILIPPINE LONG DIST -SP AD < 0.01%JAPAN EXCHANGE GROUP INC < 0.01%FIRST NIAGARA FINANCIAL GRP < 0.01%CI FINANCIAL CORP < 0.01%METCASH LTD < 0.01%TURKISH LIRA < 0.01%LEXMARK INTERNATIONAL INC-A < 0.01%INABA DENKI SANGYO CO LTD < 0.01%REIT 1 LTD < 0.01%BDO UNIBANK INC < 0.01%ATMOS ENERGY CORP < 0.01%AST Portfolio Holdings175 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioKEWPIE CORP < 0.01%MARUI GROUP CO LTD < 0.01%FANNIE MAE 9/01/2042 < 0.01%TRIPADVISOR INC < 0.01%ARTHUR J GALLAGHER & CO < 0.01%IBERIABANK CORP < 0.01%VERMILION ENERGY INC < 0.01%JACK IN THE BOX INC < 0.01%ADMIRAL GROUP PLC < 0.01%RECORDATI SPA < 0.01%WIENERBERGER AG < 0.01%ST GALLER KANTONALBANK A-RE < 0.01%TANGER FACTORY OUTLET CENTE < 0.01%ARCA CONTINENTAL SAB DE CV < 0.01%PERKINELMER INC < 0.01%TW TELECOM INC < 0.01%STAND CHART SG 5/17/2033 < 0.01%TAIYO NIPPON SANSO CORP < 0.01%GRUPO ARGOS SA < 0.01%KEYERA CORP < 0.01%VCA INC < 0.01%MEDA AB-A SHS < 0.01%HOTEL SHILLA CO LTD < 0.01%SEMICONDUCTOR MANUFACTURING < 0.01%TWO HARBORS INVESTMENT CORP < 0.01%RED ELECTRICA CORPORACION S < 0.01%AURUBIS AG < 0.01%NOMURA RESEARCH INSTITUTE L < 0.01%DRAX GROUP PLC < 0.01%PRIMERICA INC < 0.01%HIGHWEALTH CONSTRUCTION COR < 0.01%GARTNER INC < 0.01%MSC INDUSTRIAL DIRECT CO-A < 0.01%TOTAL SYSTEM SERVICES INC < 0.01%HAMBURGER HAFEN UND LOGISTI < 0.01%MALAYSIAN GOV'T 3/15/2023 < 0.01%MALAYSIA GOVT 8/15/2014 < 0.01%MOBIMO HOLDING AG-REG < 0.01%OLD NATIONAL BANCORP < 0.01%CALTEX AUSTRALIA LTD < 0.01%JAPAN LOGISTICS FUND INC < 0.01%DAISHI BANK LTD/THE < 0.01%PROGRESSIVE WASTE SOLUTIONS < 0.01%EMBRAER SA-ADR < 0.01%YANGZIJIANG SHIPBUILDING < 0.01%SENSHU IKEDA HOLDINGS INC < 0.01%ADVANCE RESIDENCE INVESTMEN < 0.01%FANNIE MAE 1/01/2043 < 0.01%MUSASHINO BANK LTD/THE < 0.01%HISCOX LTD < 0.01%HITACHI CHEMICAL CO LTD < 0.01%MAEDA CORP < 0.01%OLD REPUBLIC INTL CORP < 0.01%KANGWON LAND INC < 0.01%Security% of PortfolioCLEAN HARBORS INC < 0.01%ORANGE POLSKA SA < 0.01%UNITED THERAPEUTICS CORP < 0.01%TREASURY WINE ESTATES LTD < 0.01%WATAMI CO LTD < 0.01%COWAY CO LTD < 0.01%MENS WAREHOUSE INC 3/28/2015 < 0.01%CAN REAL ESTATE INVEST TRUS < 0.01%SHIGA BANK LTD/THE < 0.01%MBK PCL-FOREIGN < 0.01%MONTPELIER RE HOLDINGS LTD < 0.01%CHINA GAS HOLDINGS LTD < 0.01%AOL INC < 0.01%KABA HOLDING AG-REG B < 0.01%RINNAI CORP < 0.01%CINEPLEX INC < 0.01%KOSE CORP < 0.01%ENAGAS SA < 0.01%DGB FINANCIAL GROUP INC < 0.01%GRUPO BIMBO SAB- SERIES A < 0.01%MOL HUNGARIAN OIL AND GAS P < 0.01%ATTIJARIWAFA BANK < 0.01%SPAREBANK 1 SMN < 0.01%TORO CO < 0.01%TIGER BRANDS LTD < 0.01%FNB CORP < 0.01%IREN SPA < 0.01%PIRELLI & C. < 0.01%LINDT & SPRUENGLI AG-PC < 0.01%NIFCO INC < 0.01%TSI HOLDINGS CO LTD < 0.01%PAN AMERICAN SILVER CORP < 0.01%COCA-COLA AMATIL LTD < 0.01%HIROSE ELECTRIC CO LTD < 0.01%PETRONAS CHEMICALS GROUP BH < 0.01%FREDDIE MAC 7/01/2039 < 0.01%ENDO HEALTH SOLUTIONS INC < 0.01%CAPITOL FEDERAL FINANCIAL I < 0.01%ALLETE INC < 0.01%WEST PHARMACEUTICAL SERVICE < 0.01%KROTON EDUCACIONAL SA < 0.01%SEB SA < 0.01%ADVANCED INFO SERVICE-FOR R < 0.01%RATOS AB-B SHS < 0.01%JG SUMMIT HOLDINGS INC < 0.01%CSR LTD < 0.01%SANKYO CO LTD < 0.01%REP SOUTH AFRICA 2/28/2048 < 0.01%ORPEA < 0.01%WASHINGTON REIT < 0.01%DUKE REALTY CORP < 0.01%AARON'S INC < 0.01%WING HANG BANK LTD < 0.01%UIL HOLDINGS CORP < 0.01%AST Portfolio Holdings176 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioEVERBANK FINANCIAL CORP < 0.01%HANERGY SOLAR GROUP LTD < 0.01%SUEDZUCKER AG < 0.01%AIR WATER INC < 0.01%YTL CORPORATION BERHAD < 0.01%MTU AERO ENGINES AG < 0.01%CANON MARKETING JAPAN INC < 0.01%SIX FLAGS ENTERTAINMENT COR < 0.01%MISUMI GROUP INC < 0.01%KYOWA EXEO CORP < 0.01%DISH NETWORK CORP-A < 0.01%ARTIS REAL ESTATE INVESTMEN < 0.01%BANK OF THE PHILIPPINE ISLA < 0.01%FLUGHAFEN WIEN AG < 0.01%TNT EXPRESS NV < 0.01%DONALDSON CO INC < 0.01%YOKOHAMA RUBBER CO LTD < 0.01%KISSEI PHARMACEUTICAL CO LT < 0.01%AAC TECHNOLOGIES HOLDINGS I < 0.01%WILLIAMS-SONOMA INC < 0.01%FANNIE MAE 4/01/2043 < 0.01%TELKOM SA SOC LTD < 0.01%SK CHEMICALS CO LTD < 0.01%SCHWEITER TECHNOLOGIES AG-B < 0.01%MONDI LTD < 0.01%FRAPORT AG FRANKFURT AIRPOR < 0.01%FRESH DEL MONTE PRODUCE INC < 0.01%KESKO OYJ-B SHS < 0.01%WINTRUST FINANCIAL CORP < 0.01%BATU KAWAN BHD < 0.01%SINGAPORE DOLLAR < 0.01%FANNIE MAE 12/01/2033 < 0.01%HEARTLAND EXPRESS INC < 0.01%CARTER'S INC < 0.01%SATS LTD < 0.01%LEIDOS HOLDINGS INC < 0.01%SYDBANK A/S < 0.01%GAGFAH SA < 0.01%BEIERSDORF AG < 0.01%HERA SPA < 0.01%ROVI CORP < 0.01%JAPAN EXCELLENT INC < 0.01%HUHTAMAKI OYJ < 0.01%SAMSONITE INTERNATIONAL SA < 0.01%EDP RENOVAVEIS SA < 0.01%SHANGHAI INDUSTRIAL HLDG LT < 0.01%SOLVALOR 61 < 0.01%MADISON SQUARE GARDEN CO-A < 0.01%SHOWA DENKO K K < 0.01%RUBIS < 0.01%COLBUN SA < 0.01%TAIHEIYO CEMENT CORP < 0.01%CATTOLICA ASSICURAZIONI SCR < 0.01%GERRESHEIMER AG < 0.01%Security% of PortfolioSMRT CORP LTD < 0.01%INVENTEC CORP < 0.01%HAIN CELESTIAL GROUP INC < 0.01%AMER SPORTS OYJ < 0.01%PACKAGING CORP OF AMERICA < 0.01%STAND CHART SG 3/19/2024 < 0.01%BUREAU VERITAS SA < 0.01%MAYR-MELNHOF KARTON AG < 0.01%HOSHIZAKI ELECTRIC CO LTD < 0.01%GJENSIDIGE FORSIKRING ASA < 0.01%WORKSPACE GROUP PLC < 0.01%GRUPO BTG PACTUAL-UNIT < 0.01%REALOGY HOLDINGS CORP < 0.01%FANNIE MAE 12/01/2042 < 0.01%DULUXGROUP LTD < 0.01%EIZO CORP < 0.01%UBISOFT ENTERTAINMENT < 0.01%CREDITO VALTELLINESE SCARL < 0.01%SHAWCOR LTD < 0.01%CENTENE CORP < 0.01%MITSUBISHI LOGISTICS CORP < 0.01%NESTE OIL OYJ < 0.01%COMFORTDELGRO CORP LTD < 0.01%BRAIT SE < 0.01%ELIA SYSTEM OPERATOR SA/NV < 0.01%TOYO TIRE & RUBBER CO LTD < 0.01%KEIYO BANK LTD/THE < 0.01%KUREHA CORP < 0.01%FREDDIE MAC 1/01/2039 < 0.01%KANEKA CORP < 0.01%CAPITAL PROPERTY (REIT) < 0.01%KAPPA CREATE HOLDINGS CO LT < 0.01%MRC GLOBAL INC < 0.01%NIGERIA T-BILL 9/04/2014 < 0.01%HANWHA LIFE INSURANCE CO LT < 0.01%FANNIE MAE 11/01/2042 < 0.01%STAND CHART SG 3/19/2029 < 0.01%STAND CHART SG 3/19/2029 < 0.01%AUTOBACS SEVEN CO LTD < 0.01%FTI CONSULTING INC < 0.01%FERREYCORP SAA < 0.01%RAMSAY HEALTH CARE LTD < 0.01%AIMIA INC < 0.01%PATTERSON COS INC < 0.01%CHR HANSEN HOLDING A/S < 0.01%LPL FINANCIAL HOLDINGS INC < 0.01%S-1 CORPORATION < 0.01%GOLAR LNG LTD < 0.01%KOREAN REINSURANCE CO < 0.01%LANCASHIRE HOLDINGS LTD < 0.01%BRITVIC PLC < 0.01%MAPFRE SA < 0.01%USS CO LTD < 0.01%POST HOLDINGS INC < 0.01%AST Portfolio Holdings177 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioNISHIO RENT ALL CO LTD < 0.01%COPART INC < 0.01%PENNYMAC MORTGAGE INVESTMEN < 0.01%JUROKU BANK LTD/THE < 0.01%K'S HOLDINGS CORP < 0.01%BIC CAMERA INC < 0.01%SEACOR HOLDINGS INC < 0.01%STAND CHART SG 3/19/2024 < 0.01%STAND CHART SG 3/19/2024 < 0.01%STAND CHART SG 3/19/2024 < 0.01%AICA KOGYO CO LTD < 0.01%IDEXX LABORATORIES INC < 0.01%CARILLION PLC < 0.01%DIEBOLD INC < 0.01%CLOSE BROTHERS GROUP PLC < 0.01%TOKYU REIT INC < 0.01%ODAKYU ELECTRIC RAILWAY CO < 0.01%DURO FELGUERA SA < 0.01%WORLD FUEL SERVICES CORP < 0.01%HYAKUJUSHI BANK LTD/THE < 0.01%OGAKI KYORITSU BANK LTD/THE < 0.01%BEAZLEY PLC < 0.01%SKY PERFECT JSAT HOLDINGS < 0.01%TOTO LTD < 0.01%FREDDIE MAC 10/01/2042 < 0.01%CORP FINANCIERA COLOMBIANA < 0.01%NIPPON KONPO UNYU SOKO CO < 0.01%VECTREN CORPORATION < 0.01%BANK OF IWATE LTD/THE < 0.01%AXEL SPRINGER SE < 0.01%CINEMARK HOLDINGS INC < 0.01%CROSS CURRENCY SWAP 5/23/2019 < 0.01%OSRAM LICHT AG < 0.01%USHIO INC < 0.01%KUEHNE & NAGEL INTL AG-REG < 0.01%CMS ENERGY CORP < 0.01%HYUNDAI MARINE & FIRE INS C < 0.01%WHITEWAVE FOODS CO < 0.01%CIA PARANAENSE DE ENERGI-PF < 0.01%MABUCHI MOTOR CO LTD < 0.01%BANQUE CENTRALE POPULAIRE < 0.01%AXFOOD AB < 0.01%YOSHINOYA HOLDINGS CO LTD < 0.01%X 5 RETAIL GROUP NV-REGS GD < 0.01%ALLIED PROPERTIES REAL ESTA < 0.01%TSUMURA & CO < 0.01%KYORIN HOLDINGS INC < 0.01%LASSILA & TIKANOJA OYJ < 0.01%TELEKOM MALAYSIA BHD < 0.01%CJ CORP < 0.01%MITIE GROUP PLC < 0.01%TIDEWATER INC < 0.01%HANKOOK TIRE CO LTD < 0.01%FANNIE MAE 11/01/2042 < 0.01%Security% of PortfolioSYNNEX TECHNOLOGY INTL CORP < 0.01%SEVEN BANK LTD < 0.01%CHINA COMMUNICATIONS SERVI- < 0.01%SIRONA DENTAL SYSTEMS INC < 0.01%TAIWAN MOBILE CO LTD < 0.01%COLONY FINANCIAL INC < 0.01%JC DECAUX SA < 0.01%MCDONALD'S HOLDINGS CO JAPA < 0.01%BAYWA-BAYERISCHE WARENVERMI < 0.01%MORI TRUST SOGO REIT INC < 0.01%FANNIE MAE 4/01/2043 < 0.01%SM PRIME HOLDINGS INC < 0.01%CHINA TAIPING INSURANCE HOL < 0.01%OBIC CO LTD < 0.01%REGENCY CENTERS CORP < 0.01%FAR EASTONE TELECOMM CO LTD < 0.01%LG UPLUS CORP < 0.01%ITOCHU TECHNO-SOLUTIONS COR < 0.01%UMPQUA HOLDINGS CORP < 0.01%CRANSWICK PLC < 0.01%ULTRAPAR PARTICIPACOES SA < 0.01%SOLERA HOLDINGS INC < 0.01%HYUNDAI DEPT STORE CO < 0.01%ABSA BANK LTD-PREFERENCE < 0.01%MEGAFON-GDR < 0.01%EULER HERMES GROUP < 0.01%PORTFOLIO RECOVERY ASSOCIAT < 0.01%SHIKOKU ELECTRIC POWER CO < 0.01%BABCOCK & WILCOX CO/THE < 0.01%HYAKUGO BANK LTD/THE < 0.01%ATLAS COPCO AB-B SHS < 0.01%ORION OYJ-CLASS B < 0.01%DEVRY EDUCATION GROUP INC < 0.01%SOHGO SECURITY SERVICES CO < 0.01%CORUS ENTERTAINMENT INC-B S < 0.01%AEON MALL CO LTD < 0.01%PERUSAHAAN GAS NEGARA PERSE < 0.01%CLECO CORPORATION < 0.01%MARRIOTT VACATIONS WORLD < 0.01%SPECTRUM BRANDS HOLDINGS IN < 0.01%SIAS SPA < 0.01%ACERINOX SA < 0.01%HILLENBRAND INC < 0.01%CLARKSON PLC < 0.01%ALPINE ELECTRONICS INC < 0.01%DDR CORP < 0.01%TOTETSU KOGYO CO LTD < 0.01%NVR INC < 0.01%MIRACA HOLDINGS INC < 0.01%UNITED BANKSHARES INC < 0.01%LANDSTAR SYSTEM INC < 0.01%VALOR CO LTD < 0.01%AMS AG < 0.01%AZBIL CORP < 0.01%AST Portfolio Holdings178 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioCONWERT IMMOBILIEN INVEST S < 0.01%TOHO GAS CO LTD < 0.01%ITO EN LTD < 0.01%APARTMENT INVT & MGMT CO -A < 0.01%CRODA INTERNATIONAL PLC < 0.01%MEXICAN BONOS 5/29/2031 < 0.01%FORMOSA TAFFETA CO. < 0.01%WILH. WILHELMSEN ASA < 0.01%BANCORPSOUTH INC < 0.01%QUEBECOR INC -CL B < 0.01%TIETO OYJ < 0.01%WELLCARE HEALTH PLANS INC < 0.01%CHINA SOUTH CITY HOLDINGS < 0.01%AUSTEVOLL SEAFOOD ASA < 0.01%WASHINGTON FEDERAL INC < 0.01%RENGO CO LTD < 0.01%KURA CORP < 0.01%STADA ARZNEIMITTEL AG < 0.01%GENERAC HOLDINGS INC < 0.01%KYOKUTO KAIHATSU KOGYO CO < 0.01%HUABAO INTERNATIONAL HOLDIN < 0.01%WEST FRASER TIMBER CO LTD < 0.01%UNIVERSAL CORP/VA < 0.01%NAVIOS MARITIME HOLDINGS IN < 0.01%FIELMANN AG < 0.01%SAPPORO HOLDINGS LTD < 0.01%TAG IMMOBILIEN AG < 0.01%EVN AG < 0.01%FACTSET RESEARCH SYSTEMS IN < 0.01%ERG SPA < 0.01%WH SMITH PLC < 0.01%NWS HOLDINGS LTD < 0.01%ELECTRONICS FOR IMAGING < 0.01%GRIFOLS SA < 0.01%DON QUIJOTE HOLDINGS CO LTD < 0.01%AYALA CORPORATION < 0.01%COVANCE INC < 0.01%TELEVISION BROADCASTS LTD < 0.01%KUALA LUMPUR KEPONG BHD < 0.01%CIA DE MINAS BUENAVENTUR-AD < 0.01%MANDO CORP < 0.01%MANITOBA TELECOM SVCS INC < 0.01%MORI HILLS REIT INVESTMENT < 0.01%GEO GROUP INC/THE < 0.01%L FRWD CND 9/17/2014 < 0.01%WP CAREY INC < 0.01%INTERACTIVE BROKERS GRO-CL < 0.01%HORIBA LTD < 0.01%CLARCOR INC < 0.01%CIA SANEAMENTO BASICO DE-AD < 0.01%E1 CORP < 0.01%COCA-COLA WEST CO LTD < 0.01%UNIPRES CORP < 0.01%INNER MONGOLIA YITAI COAL-B < 0.01%Security% of PortfolioELEKTA AB-B SHS < 0.01%RICHTER GEDEON NYRT < 0.01%FANCL CORP < 0.01%GAZIT GLOBE LTD < 0.01%NIGERIA T-BILL 6/04/2015 < 0.01%CZECH KORUNA < 0.01%SUMITOMO BAKELITE CO LTD < 0.01%PEGAS NONWOVENS SA < 0.01%KEIKYU CORP < 0.01%PRADA S.P.A. < 0.01%YAGEO CORPORATION < 0.01%SEI INVESTMENTS COMPANY < 0.01%SILGAN HOLDINGS INC < 0.01%CAPSTEAD MORTGAGE CORP < 0.01%VIENNA INSURANCE GROUP AG < 0.01%ATCO LTD -CLASS I < 0.01%STOLT-NIELSEN LTD < 0.01%TUPPERWARE BRANDS CORP < 0.01%ROMANIA GOVT 4/26/2023 < 0.01%PARTNER COMMUNICATIONS CO < 0.01%VANTIV INC - CL A < 0.01%TONENGENERAL SEKIYU KK < 0.01%GETINGE AB-B SHS < 0.01%DUSKIN CO LTD < 0.01%ANTARCHILE SA < 0.01%KNIGHT TRANSPORTATION INC < 0.01%IRESS LTD < 0.01%TMB BANK PUBLIC CORP-FOREIG < 0.01%CHINA LONGYUAN POWER GROUP- < 0.01%KINEPOLIS < 0.01%LEROEY SEAFOOD GROUP ASA < 0.01%SCHOELLER-BLECKMANN OILFIEL < 0.01%UNS ENERGY CORP < 0.01%SEMEN INDONESIA PERSERO TBK < 0.01%HOME LOAN SERVICING SOLUTIO < 0.01%SHARP CORP < 0.01%COGECO CABLE INC < 0.01%WARABEYA NICHIYO CO LTD < 0.01%BANCO DE CHILE < 0.01%HEIWA CORP < 0.01%CHONGQING CHANGAN AUTOMOBI- < 0.01%SYSMEX CORP < 0.01%SPRINT CORP < 0.01%KRONES AG < 0.01%THAI UNION FROZEN PROD-FORE < 0.01%SEGRO PLC < 0.01%SCSK CORP < 0.01%ROHTO PHARMACEUTICAL CO LTD < 0.01%NORTHWESTERN CORP < 0.01%CASEY'S GENERAL STORES INC < 0.01%VIOHALCO SA < 0.01%MICROS SYSTEMS INC < 0.01%AURELIUS AG < 0.01%FANNIE MAE 10/01/2042 < 0.01%AST Portfolio Holdings179 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioMAROC TELECOM < 0.01%TATUNG CO LTD < 0.01%FRONTIER COMMUNICATIONS COR < 0.01%NOF CORP < 0.01%SPAREBANK 1 SR BANK ASA < 0.01%FANNIE MAE 12/01/2042 < 0.01%O2 CZECH REPUBLIC AS < 0.01%TAUBMAN CENTERS INC < 0.01%IZUMI CO LTD < 0.01%CORPBANCA < 0.01%INTERSERVE PLC < 0.01%SWISS FRANC < 0.01%NIPPON KAYAKU CO LTD < 0.01%FORUM ENERGY TECHNOLOGIES I < 0.01%DST SYSTEMS INC < 0.01%VIMPELCOM LTD-SPON ADR < 0.01%TOAGOSEI CO LTD < 0.01%COBHAM PLC < 0.01%GLACIER BANCORP INC < 0.01%SHOPRITE HOLDINGS LTD < 0.01%ANSYS INC < 0.01%DAIWA OFFICE INVESTMENT COR < 0.01%CANADIAN UTILITIES LTD-A < 0.01%FLOWERS FOODS INC < 0.01%LOTTE CONFECTIONERY CO LTD < 0.01%ASCENA RETAIL GROUP INC < 0.01%MALAYSIA GOVT 7/31/2020 < 0.01%SALMAR ASA < 0.01%KANAMOTO CO LTD < 0.01%CONVERGYS CORP < 0.01%APTARGROUP INC < 0.01%NEW GOLD INC < 0.01%BROWN & BROWN INC < 0.01%FULTON FINANCIAL CORP < 0.01%PROSAFE SE < 0.01%FELDA GLOBAL VENTURES < 0.01%UNITED NATURAL FOODS INC < 0.01%FUTABA CORP/CHIBA < 0.01%AQUA AMERICA INC < 0.01%COCA-COLA EAST JAPAN CO LTD < 0.01%CBOE HOLDINGS INC < 0.01%BELGACOM SA < 0.01%MACDONALD DETTWILER & ASSOC < 0.01%EL PASO ELECTRIC CO < 0.01%H2O RETAILING CORP < 0.01%FANNIE MAE 1/01/2043 < 0.01%GUOCO GROUP LTD < 0.01%KOBAYASHI PHARMACEUTICAL CO < 0.01%COLRUYT SA < 0.01%MMI HOLDINGS LTD < 0.01%ALKERMES PLC < 0.01%TIME INC < 0.01%TOROMONT INDUSTRIES LTD < 0.01%HUDSON CITY BANCORP INC < 0.01%Security% of PortfolioAWA BANK LTD/THE < 0.01%ASSECO POLAND SA < 0.01%TOWNGAS CHINA CO LTD < 0.01%CHARTER HALL RETAIL REIT < 0.01%CHINA OVERSEAS GRAND OCEANS < 0.01%SIHUAN PHARMACEUTICAL HLDGS < 0.01%TECO ELECTRIC & MACHINERY < 0.01%CENTRAL PATTANA PUB CO-FORE < 0.01%DATANG INTL POWER GEN CO-H < 0.01%HKT TRUST AND HKT LTD-SS < 0.01%RESTAURANT GROUP PLC < 0.01%FRANSHION PROPERTIES < 0.01%ULTA SALON COSMETICS & FRAG < 0.01%KEMPER CORP < 0.01%G.U.D. HOLDINGS LTD < 0.01%CENTRAL GLASS CO LTD < 0.01%QIHOO 360 TECHNOLOGY CO-ADR < 0.01%STO SE & CO. KGAA-PREF SHRS < 0.01%KLEPIERRE < 0.01%HELEN OF TROY LTD < 0.01%SOFTWARE AG < 0.01%STANCORP FINANCIAL GROUP < 0.01%CROSS CURRENCY SWAP 7/15/2024 < 0.01%MEGMILK SNOW BRAND CO LTD < 0.01%FANNIE MAE 8/01/2042 < 0.01%BEMIS COMPANY < 0.01%KOHNAN SHOJI CO LTD < 0.01%TALANX AG < 0.01%MEN'S WEARHOUSE INC/THE < 0.01%ECHOSTAR CORP-A < 0.01%CHINA HONGQIAO GROUP LTD < 0.01%RONA INC < 0.01%REDEFINE PROPERTIES LTD < 0.01%GNC HOLDINGS INC-CL A < 0.01%YAHOO JAPAN CORP < 0.01%BIG LOTS INC < 0.01%FANNIE MAE 3/01/2043 < 0.01%CHARLES RIVER LABORATORIES < 0.01%CIA GENERAL DE ELECTRICIDAD < 0.01%YUZHOU PROPERTIES CO < 0.01%PRESIDENT CHAIN STORE CORP < 0.01%INTU PROPERTIES PLC < 0.01%FANNIE MAE 9/01/2042 < 0.01%TOHO BANK LTD/THE < 0.01%GLOBAL ONE REIT < 0.01%TRUSTMARK CORP < 0.01%FORMOSA PETROCHEMICAL CORP < 0.01%CALBEE INC < 0.01%TREND MICRO INC < 0.01%HONG LEONG BANK BERHAD < 0.01%HITACHI TRANSPORT SYSTEM LT < 0.01%ELISA OYJ < 0.01%MAXIMUS INC < 0.01%SABANA SHARIAH COMP IND REI < 0.01%AST Portfolio Holdings180 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioFANNIE MAE 1/01/2043 < 0.01%EXEDY CORP < 0.01%ALLSCRIPTS HEALTHCARE SOLUT < 0.01%NORTHWEST BANCSHARES INC < 0.01%WALTER INVESTMENT MANAGEMEN < 0.01%HEIWADO CO LTD < 0.01%PORTLAND GENERAL ELECTRIC C < 0.01%WHEELOCK & CO LTD < 0.01%DOUTOR NICHIRES HOLDINGS CO < 0.01%FANNIE MAE 10/01/2042 < 0.01%HUNGARY GOVT 12/20/2018 < 0.01%WERNER ENTERPRISES INC < 0.01%SANWA HOLDINGS CORP < 0.01%MICRO-STAR INTERNATIONAL CO < 0.01%ITAUSA-INVESTIMENTOS ITAU S < 0.01%ENDESA SA < 0.01%NEW ORIENTAL EDUCATIO-SP AD < 0.01%AYALA LAND INC < 0.01%NU SKIN ENTERPRISES INC - A < 0.01%VILMORIN & CIE < 0.01%TOP REIT INC < 0.01%HARMONY GOLD MNG-SPON ADR < 0.01%INDOFOOD SUKSES MAKMUR TBK < 0.01%SERCO GROUP PLC < 0.01%OWENS & MINOR INC < 0.01%COMMUNITY BANK SYSTEM INC < 0.01%URBAN OUTFITTERS INC < 0.01%INMARSAT PLC < 0.01%BENI STABILI SPA < 0.01%RWE AG-NON VTG PREF < 0.01%CACI INTERNATIONAL INC -CL < 0.01%PLENUS CO LTD < 0.01%TECNICAS REUNIDAS SA < 0.01%PREMIER INVESTMENTS LTD < 0.01%TEAM HEALTH HOLDINGS INC < 0.01%SORIN SPA < 0.01%OILES CORP < 0.01%SOUTHWEST GAS CORP < 0.01%BOOZ ALLEN HAMILTON HOLDING < 0.01%NORTHWEST NATURAL GAS CO < 0.01%MAEDA ROAD CONSTRUCTION CO < 0.01%TADANO LTD < 0.01%AREVA < 0.01%COSTAMARE INC < 0.01%HOSPITALITY PROPERTIES TRUS < 0.01%ARCADIS NV < 0.01%SATO HOLDINGS CORP < 0.01%STERLING BANCORP/DE < 0.01%GRUPO SECURITY SA < 0.01%NITTO KOGYO CORP < 0.01%BANKINTER SA < 0.01%TSURUHA HOLDINGS INC < 0.01%PREMIER INVESTMENT CORP < 0.01%DUNKIN' BRANDS GROUP INC < 0.01%Security% of PortfolioFANNIE MAE 12/01/2042 < 0.01%NIHON KOHDEN CORP < 0.01%NORITZ CORP < 0.01%UNIPOL GRUPPO FINANZIARIO S < 0.01%CALIFORNIA WATER SERVICE GR < 0.01%FISHER & PAYKEL HEALTHCARE < 0.01%FANNIE MAE 1/01/2043 < 0.01%PUMA SE < 0.01%LEISUREWORLD SENIOR CARE CO < 0.01%CHINA MODERN DAIRY HOLDINGS < 0.01%VERINT SYSTEMS INC < 0.01%APOLLO EDUCATION GROUP INC < 0.01%SCHINDLER HOLDING-PART CERT < 0.01%AMMB HOLDINGS BHD < 0.01%OTSUKA CORP < 0.01%ASPEN PHARMACARE HOLDINGS L < 0.01%ABOITIZ EQUITY VENTURES INC < 0.01%COVANTA HOLDING CORP < 0.01%SANKYU INC < 0.01%TELECITY GROUP PLC < 0.01%BOVIS HOMES GROUP PLC < 0.01%MAGELLAN HEALTH INC < 0.01%GRUPO AEROPORTUARIO PAC-ADR < 0.01%PNM RESOURCES INC < 0.01%AVON PRODUCTS INC < 0.01%EL PUERTO DE LIVERPOOL-C1 < 0.01%GEO HOLDINGS CORP < 0.01%WASHINGTON PRIME GROUP < 0.01%UNION BANK OF TAIWAN < 0.01%PRYSMIAN SPA < 0.01%UMB FINANCIAL CORP < 0.01%SINGAPORE EXCHANGE LTD < 0.01%AMERICAN CAPITAL MORTGAGE I < 0.01%HOKKAIDO ELECTRIC POWER CO < 0.01%TRYG A/S < 0.01%ASX LTD < 0.01%BLACK HILLS CORP < 0.01%MINSUR SA-INVERSIONES < 0.01%KOKUYO CO LTD < 0.01%LINTEC CORP < 0.01%HUNT (JB) TRANSPRT SVCS INC < 0.01%H LUNDBECK A/S < 0.01%WOLVERINE WORLD WIDE INC < 0.01%ICON PLC < 0.01%GRAND CANYON EDUCATION INC < 0.01%STRABAG SE-BR < 0.01%SINOTRANS LIMITED-H < 0.01%MALLINCKRODT PLC < 0.01%SAMUI AIRPORT PROPERTY FUND < 0.01%WATERLAND FINANCIAL HOLDING < 0.01%CHINA POWER INTERNATIONAL < 0.01%TONGAAT HULETT LTD < 0.01%FORBO HOLDING AG-REG < 0.01%FANNIE MAE 12/01/2042 < 0.01%AST Portfolio Holdings181 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioPOLA ORBIS HOLDINGS INC < 0.01%INTERCONEXION ELECTRICA SA < 0.01%ACI WORLDWIDE INC < 0.01%CRACKER BARREL OLD COUNTRY < 0.01%UNIMICRON TECHNOLOGY CORP < 0.01%REA GROUP LTD < 0.01%BBA AVIATION PLC < 0.01%SVG CAPITAL PLC < 0.01%REDWOOD TRUST INC < 0.01%BRADY CORPORATION - CL A < 0.01%HOKUETSU KISHU PAPER CO LTD < 0.01%WILLIAM DEMANT HOLDING < 0.01%MAIL.RU GROUP-GDR REGS < 0.01%CIELO SA < 0.01%DAITO PHARMACEUTICAL CO LTD < 0.01%ASM PACIFIC TECHNOLOGY < 0.01%BUWOG AG < 0.01%PACE PLC < 0.01%BANK OF THE OZARKS < 0.01%TURK HAVA YOLLARI AO < 0.01%CINEWORLD GROUP PLC < 0.01%PIOLAX INC < 0.01%INTERDIGITAL INC < 0.01%COLOMBIA TES 10/28/2015 < 0.01%FANNIE MAE 12/01/2042 < 0.01%GENPACT LTD < 0.01%CORRECTIONS CORP < 0.01%GUNZE LTD < 0.01%ASAHI HOLDINGS INC < 0.01%AUSTRALAND PROPERTY GROUP < 0.01%FANNIE MAE 12/01/2042 < 0.01%LUBELSKI WEGIEL BOGDANKA SA < 0.01%AURIZON HOLDINGS LTD < 0.01%MAXIS BHD < 0.01%SKYWORTH DIGITAL HLDGS LTD < 0.01%MID REIT INC < 0.01%TSINGTAO BREWERY CO LTD-H < 0.01%ASTORIA FINANCIAL CORP < 0.01%UNIPOLSAI SPA < 0.01%FANNIE MAE 10/01/2042 < 0.01%SUN ART RETAIL GROUP LTD < 0.01%FANNIE MAE 12/01/2042 < 0.01%SYNERGY HEALTH PLC < 0.01%KING'S TOWN BANK < 0.01%CASH AMERICA INTL INC < 0.01%CATHAY NO 1 REIT < 0.01%ANDERSONS INC/THE < 0.01%GRAINCORP LTD-A < 0.01%HAEMONETICS CORP/MASS < 0.01%AMAG AUSTRIA METALL AG < 0.01%GTECH SPA < 0.01%NIPPON TELEVISION HOLDINGS < 0.01%KURODA ELECTRIC CO LTD < 0.01%DAESANG CORPORATION < 0.01%Security% of PortfolioKLCCP STAPLED GROUP < 0.01%TAKARA HOLDINGS INC < 0.01%TRANSALTA CORP < 0.01%SYNAPTICS INC < 0.01%AEROFLOT-RUSSIAN AIRLINES < 0.01%TODA CORP < 0.01%VOPAK < 0.01%NATIONAL FUEL GAS CO < 0.01%TELEDYNE TECHNOLOGIES INC < 0.01%KUONI REISEN HLDG-REG(CAT B < 0.01%FOUNTAINHEAD PROPERTY TRUST < 0.01%BML INC < 0.01%BIOSENSORS INTERNATIONAL GR < 0.01%YACHIYO BANK LTD/THE < 0.01%AURICO GOLD INC < 0.01%NEC NETWORKS & SYSTEM INTEG < 0.01%YANDEX NV-A < 0.01%SANDERSON FARMS INC < 0.01%INTERPUMP GROUP SPA < 0.01%MEXICAN BONOS 6/03/2027 < 0.01%USINAS SIDER MINAS GER-PF A < 0.01%SHANGHAI PHARMACEUTICALS-H < 0.01%TEMP HOLDINGS CO LTD < 0.01%MINISTOP CO LTD < 0.01%FANNIE MAE 1/01/2043 < 0.01%DAIRY CREST GROUP PLC < 0.01%CENTRAIS ELETRICAS BRAS-PR < 0.01%SINOPHARM GROUP CO-H < 0.01%SHINMAYWA INDUSTRIES LTD < 0.01%FIRSTGROUP PLC < 0.01%ROMANIA 6/18/2018 < 0.01%STOCKMANN OYJ ABP-B SHARE < 0.01%LENZING AG < 0.01%AVERY DENNISON CORP < 0.01%LIEN HWA INDUSTRIAL < 0.01%CHINA RESOURCES GAS GROUP L < 0.01%HILLTOP HOLDINGS INC < 0.01%GRANA Y MONTERO SAA < 0.01%HAIER ELECTRONICS GROUP CO < 0.01%JAPAN DIGITAL LABORATORY CO < 0.01%HANSAE CO LTD < 0.01%QINETIQ GROUP PLC < 0.01%NEXITY < 0.01%OUE LTD < 0.01%ABM INDUSTRIES INC < 0.01%TOPPAN FORMS CO LTD < 0.01%SAPPI LIMITED < 0.01%DOUGLAS EMMETT INC < 0.01%WATSCO INC < 0.01%MATSUMOTOKIYOSHI HOLDINGS C < 0.01%NONGSHIM CO LTD < 0.01%SAWAI PHARMACEUTICAL CO LTD < 0.01%PARKLAND FUEL CORP < 0.01%FUJI OIL CO LTD < 0.01%AST Portfolio Holdings182 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioGOVERNMENT PROPERTIES INCOM < 0.01%MENTOR GRAPHICS CORP < 0.01%POLYUS GOLD INTERNATIONAL L < 0.01%DUPONT FABROS TECHNOLOGY < 0.01%IMERYS SA < 0.01%NORTHGATE PLC < 0.01%JB HI-FI LTD < 0.01%CROSS CURRENCY SWAP 7/17/2024 < 0.01%RESORTTRUST INC < 0.01%CENTERRA GOLD INC < 0.01%HITE JINRO CO LTD < 0.01%NIPPON SIGNAL CO LTD/THE < 0.01%SAIZERIYA CO LTD < 0.01%HIGHWOODS PROPERTIES INC < 0.01%POWERTECH TECHNOLOGY INC < 0.01%DAISHIN SECURITIES CO LTD < 0.01%NIPRO CORP < 0.01%NANKAI ELECTRIC RAILWAY CO < 0.01%FAR EASTERN INTL BANK < 0.01%KAPSTONE PAPER AND PACKAGIN < 0.01%UNIPOL GRUPPO FINANZIARI-PR < 0.01%TELECOM CORP OF NEW ZEALAND < 0.01%CANFOR CORP < 0.01%GRUPO CATALANA OCCIDENTE SA < 0.01%DE'LONGHI SPA < 0.01%DUERR AG < 0.01%RISO KAGAKU CORP < 0.01%PALTAC CORP < 0.01%PKC GROUP OYJ < 0.01%SUMITOMO OSAKA CEMENT CO LT < 0.01%VISCOFAN SA < 0.01%MYRIAD GENETICS INC < 0.01%INVESTOR AB-A SHS < 0.01%OKINAWA ELECTRIC POWER CO < 0.01%HOSKEN CONS INVESTMENTS LTD < 0.01%MEXICHEM SAB DE CV-* < 0.01%TOKYU FUDOSAN HOLDINGS CORP < 0.01%BANK ZACHODNI WBK SA < 0.01%OUTERWALL INC < 0.01%UGL LTD < 0.01%CHUGOKU MARINE PAINTS LTD < 0.01%HOKKOKU BANK LTD/THE < 0.01%SCIENCE APPLICATIONS INTE < 0.01%TEXAS CAPITAL BANCSHARES IN < 0.01%GRUMA S.A.B.-B < 0.01%FANNIE MAE 12/01/2042 < 0.01%J2 GLOBAL INC < 0.01%CORBION NV < 0.01%AMERICAN STATES WATER CO < 0.01%SUNGWOO HITECH CO LTD < 0.01%FANNIE MAE 8/01/2042 < 0.01%YOKOGAWA BRIDGE HOLDINGS CO < 0.01%TOYOBO CO LTD < 0.01%MEREDITH CORP < 0.01%Security% of PortfolioWEINGARTEN REALTY INVESTORS < 0.01%ESPRIT HOLDINGS LTD < 0.01%COCA-COLA FEMSA SAB-SP ADR < 0.01%NOS SGPS < 0.01%HISAMITSU PHARMACEUTICAL CO < 0.01%HILL-ROM HOLDINGS INC < 0.01%SCOTTS MIRACLE-GRO CO-CL A < 0.01%TIM PARTICIPACOES SA-ADR < 0.01%REMY COINTREAU < 0.01%DCM HOLDINGS CO LTD < 0.01%PIEDMONT NATURAL GAS CO < 0.01%LOTTE FOOD CO LTD < 0.01%EMLAK KONUT GAYRIMENKUL YAT < 0.01%CYS INVESTMENTS INC < 0.01%A2A SPA < 0.01%SEMGROUP CORP-CLASS A < 0.01%GREATBATCH INC < 0.01%TESCO LOTUS RETAIL GROWTH F < 0.01%LASALLE HOTEL PROPERTIES < 0.01%MAN SE < 0.01%DNO ASA < 0.01%HANA MICROELECTRONICS-FOREI < 0.01%BURGER KING WORLDWIDE INC < 0.01%TEN CATE NV < 0.01%ACADIA HEALTHCARE CO INC < 0.01%ROYAL DUTCH SHELL PLC-A SHS < 0.01%EPR PROPERTIES < 0.01%SHIHLIN ELECTRIC & ENGINEER < 0.01%AES GENER SA < 0.01%EBRO FOODS SA < 0.01%TOHO HOLDINGS CO LTD < 0.01%LF CORP < 0.01%NEW JERSEY RESOURCES CORP < 0.01%ANDRITZ AG < 0.01%SUNDRUG CO LTD < 0.01%ZHEJIANG EXPRESSWAY CO-H < 0.01%WIRECARD AG < 0.01%DOLBY LABORATORIES INC-CL A < 0.01%YAMANASHI CHUO BANK LTD/THE < 0.01%MELCO HOLDINGS INC < 0.01%SELECT MEDICAL HOLDINGS COR < 0.01%EARTH CHEMICAL CO LTD < 0.01%CHINA TRAVEL INTL INV HK < 0.01%ANADOLU EFES BIRACILIK VE < 0.01%FUNAI ELECTRIC CO LTD < 0.01%YTL POWER INTERNATIONAL BHD < 0.01%JAPAN HOTEL REIT INVESTMENT < 0.01%CEMENTOS ARGOS SA < 0.01%CIA BRASILEIRA DE DIS-SP PR < 0.01%INDOCEMENT TUNGGAL PRAKARSA < 0.01%CELLTRION INC < 0.01%FANNIE MAE 3/01/2043 < 0.01%JACK HENRY & ASSOCIATES INC < 0.01%NANTO BANK LTD/THE < 0.01%AST Portfolio Holdings183 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioOBRASCON HUARTE LAIN S.A. < 0.01%HYPERMARCAS SA < 0.01%EMPIRE DISTRICT ELECTRIC CO < 0.01%TPG TELECOM LTD < 0.01%NORDEX SE < 0.01%CPN RETAIL GROWTH LEASEHOLD < 0.01%MELIA HOTELS INTERNATIONAL < 0.01%SAMSUNG TECHWIN CO LTD < 0.01%MINTH GROUP LTD < 0.01%CHINA ZHONGWANG HOLDINGS LT < 0.01%ANRITSU CORP < 0.01%CELSIA SA ESP < 0.01%MEGACABLE HOLDINGS-CPO < 0.01%ONWARD HOLDINGS CO LTD < 0.01%FUJIMORI KOGYO CO LTD < 0.01%FANNIE MAE 11/01/2042 < 0.01%TOMONY HOLDINGS INC < 0.01%NICHIREI CORP < 0.01%FANNIE MAE 12/01/2042 < 0.01%VISTAPRINT NV < 0.01%TAICHUNG COMMERCIAL BANK < 0.01%BOB EVANS FARMS < 0.01%SHIP FINANCE INTL LTD < 0.01%SCHIBSTED ASA < 0.01%LADBROKES PLC < 0.01%KOREA DISTRICT HEATING CORP < 0.01%DAIICHIKOSHO CO LTD < 0.01%SGL CARBON SE < 0.01%MULLEN GROUP LTD < 0.01%SUPER RETAIL GROUP LTD < 0.01%BR PROPERTIES SA < 0.01%SUMITOMO DAINIPPON PHARMA C < 0.01%FANNIE MAE 4/01/2043 < 0.01%ZENSHO HOLDINGS CO LTD < 0.01%KIYO BANK LTD/THE < 0.01%LIONS GATE ENTERTAINMENT CO < 0.01%FANNIE MAE 11/01/2034 < 0.01%MFA FINANCIAL INC < 0.01%CHINA YURUN FOOD GROUP LTD < 0.01%JIANGSU EXPRESS CO LTD-H < 0.01%SALINI IMPREGILO SPA < 0.01%AMANO CORP < 0.01%IIDA GROUP HOLDINGS CO LTD < 0.01%ECHO ENTERTAINMENT GROUP LT < 0.01%CSR CORP LTD - H < 0.01%AMTRUST FINANCIAL SERVICES < 0.01%CROSS CURRENCY SWAP 5/13/2024 < 0.01%DENKI KOGYO CO LTD < 0.01%SMARTONE TELECOMMUNICATIONS < 0.01%UMW HOLDINGS BHD < 0.01%FANNIE MAE 1/01/2043 < 0.01%FUJIMI INC < 0.01%ARCS CO LTD < 0.01%CLOROX COMPANY < 0.01%Security% of PortfolioLUNDIN PETROLEUM AB < 0.01%HANKYU REIT INC < 0.01%SS&C TECHNOLOGIES HOLDINGS < 0.01%TETRA TECH INC < 0.01%POOL CORP < 0.01%FANNIE MAE 12/01/2042 < 0.01%CCR SA < 0.01%PORTUGAL TELECOM SGPS SA-RE < 0.01%CERMAQ ASA < 0.01%NATIONAL EXPRESS GROUP PLC < 0.01%SHENZHEN EXPRESSWAY CO-H < 0.01%KANDENKO CO LTD < 0.01%FUJI MEDIA HOLDINGS INC < 0.01%INTERXION HOLDING NV < 0.01%MB FINANCIAL INC < 0.01%CP POKPHAND CO LTD < 0.01%AIRPORTS OF THAILAND PCL-FO < 0.01%SHENZHEN INTL HOLDINGS < 0.01%GLOBALTRANS-GDR < 0.01%PEYTO EXPLORATION & DEV COR < 0.01%MIRAIT HOLDINGS CORP < 0.01%ASATSU-DK INC < 0.01%CANON ELECTRONICS INC < 0.01%HITACHI KOKUSAI ELECTRIC IN < 0.01%MEDICINES COMPANY < 0.01%SILICON LABORATORIES INC < 0.01%O.S.K. HOLDINGS BHD < 0.01%NIPPON ACCOMMODATIONS FUND < 0.01%TSAKOS ENERGY NAVIGATION LT < 0.01%DREAMWORKS ANIMATION SKG-A < 0.01%ARISTOCRAT LEISURE LTD < 0.01%THAILAND GOVT 3/12/2028 < 0.01%HOKUTO CORP < 0.01%CAPCOM CO LTD < 0.01%COMPARTAMOS SAB DE CV < 0.01%INTRUM JUSTITIA AB < 0.01%DAVIDE CAMPARI-MILANO SPA < 0.01%ABERTIS INFRAESTRUCTURAS SA < 0.01%KECK SENG (MALAYSIA) BHD < 0.01%HUB GROUP INC-CL A < 0.01%ACCELL GROUP < 0.01%CIA SANEAMENTO MINAS GERAIS < 0.01%FANNIE MAE 11/01/2042 < 0.01%CHARTER COMMUNICATION-A < 0.01%MACQUARIE MEXICO REAL ESTAT < 0.01%NIPPO CORP < 0.01%INDRA SISTEMAS SA < 0.01%WUXI PHARMATECH CAYMAN-ADR < 0.01%AVEVA GROUP PLC < 0.01%TRENCOR LTD < 0.01%PAPA JOHN'S INTL INC < 0.01%DIGITAL CHINA HOLDINGS LTD < 0.01%CUBIC CORP < 0.01%CHIBA KOGYO BANK LTD/THE < 0.01%AST Portfolio Holdings184 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioLH FINANCIAL GROUP PCL < 0.01%REXLOT HOLDINGS LTD < 0.01%FIRST GEN CORPORATION < 0.01%BEIJING ENTERPRISES WATER G < 0.01%CBL & ASSOCIATES PROPERTIES < 0.01%LACLEDE GROUP INC/THE < 0.01%PACWEST BANCORP < 0.01%PANAHOME CORP < 0.01%SHAFTESBURY PLC < 0.01%MEDIASET ESPANA COMUNICACIO < 0.01%DISCO CORP < 0.01%ROTORK PLC < 0.01%SAFILO GROUP SPA < 0.01%IGB CORPORATION BHD < 0.01%FANNIE MAE 11/01/2042 < 0.01%PETRONAS GAS BHD < 0.01%SUGI HOLDINGS CO LTD < 0.01%CELESIO AG < 0.01%NEUSTAR INC-CLASS A < 0.01%BANK OF OKINAWA LTD/THE < 0.01%TAINAN SPINNING < 0.01%ACCORDIA GOLF CO LTD < 0.01%GREAT WALL ENTERPRISES < 0.01%HANDSOME CO LTD < 0.01%ARGO GROUP INTERNATIONAL < 0.01%PZ CUSSONS PLC < 0.01%OITA BANK LTD/THE < 0.01%PENTA-OCEAN CONSTRUCTION CO < 0.01%PIAGGIO & C. S.P.A. < 0.01%FANNIE MAE 12/01/2042 < 0.01%TELEKOM AUSTRIA AG < 0.01%THANACHART CAPITAL-FOREIGN < 0.01%PFEIFFER VACUUM TECHNOLOGY < 0.01%FANNIE MAE 1/01/2043 < 0.01%BIJOU BRIGITTE MODI ACCESS < 0.01%COLUMBIA PROPERTY TRUST INC < 0.01%FOMENTO DE CONSTRUC Y CONTR < 0.01%HARGREAVES LANSDOWN PLC < 0.01%ARCELIK AS < 0.01%CARDNO LTD < 0.01%HOGY MEDICAL CO LTD < 0.01%COMPANIA MINERA MILPO SA < 0.01%FANNIE MAE 2/01/2038 < 0.01%H I S CO LTD < 0.01%CUBIST PHARMACEUTICALS INC < 0.01%CHICONY ELECTRONICS CO LTD < 0.01%ASSOCIATED ESTATES REALTY C < 0.01%ISAGEN SA ESP < 0.01%INABATA & CO LTD < 0.01%SBA COMMUNICATIONS CORP-CL < 0.01%PROMOTORA Y OPERADORA DE IN < 0.01%FOREST CITY ENTERPRISES-CL < 0.01%UNIVERSAL ROBINA CORP < 0.01%CONSTRUCC Y AUX DE FERROCAR < 0.01%Security% of PortfolioTKH GROUP NV-DUTCH CERT < 0.01%COSAN LTD-BDR < 0.01%VTECH HOLDINGS LTD < 0.01%BANK OF NAGOYA LTD/THE < 0.01%HUADIAN POWER INTL CORP-H < 0.01%DOREL INDUSTRIES-CL B < 0.01%SANSHIN ELECTRONICS CO LTD < 0.01%KOLON INDUSTRIES INC < 0.01%INTRALOT S.A.-INTEGRATED LO < 0.01%GIANT MANUFACTURING < 0.01%FUJI SOFT INC < 0.01%GLOW ENERGY PCL - FOREIGN < 0.01%OCEAN RIG UDW INC < 0.01%SIMPLO TECHNOLOGY CO LTD < 0.01%SCHWEITZER-MAUDUIT INTL INC < 0.01%THORATEC CORP < 0.01%FANNIE MAE 12/01/2042 < 0.01%FANNIE MAE 9/01/2042 < 0.01%DYDO DRINCO INC < 0.01%TRANSCONTINENTAL INC-CL A < 0.01%DISCOVERY LTD < 0.01%KING YUAN ELECTRONICS CO LT < 0.01%LOJAS RENNER S.A. < 0.01%UNITED STATIONERS INC < 0.01%METRO PACIFIC INVESTMENTS C < 0.01%FANNIE MAE 12/01/2042 < 0.01%SIAM MAKRO PUBLIC CO-FOREIG < 0.01%FANNIE MAE 11/01/2042 < 0.01%AGUAS ANDINAS SA-A < 0.01%CATO CORP-CLASS A < 0.01%ANSELL LTD < 0.01%RIZAL COMMERCIAL BANKING < 0.01%DAISEKI CO LTD < 0.01%CLEARWATER PAPER CORP < 0.01%CONTACT ENERGY LTD < 0.01%KENDA RUBBER INDUSTRIAL CO < 0.01%UNITED ENGINEERS LTD < 0.01%ALEXANDER & BALDWIN INC < 0.01%WINCOR NIXDORF AG < 0.01%MITAC HOLDINGS CORP < 0.01%NIPPON DENSETSU KOGYO CO LT < 0.01%PROVIDENT FINANCIAL SERVICE < 0.01%ZIGGO NV < 0.01%MAGYAR TELEKOM TELECOMMUNIC < 0.01%PARK24 CO LTD < 0.01%ROCK FIELD CO LTD < 0.01%AFRICAN BARRICK GOLD PLC < 0.01%WESCO AIRCRAFT HOLDINGS INC < 0.01%ELLAKTOR SA < 0.01%SHANDA GAMES LTD-SPONS ADR < 0.01%FANNIE MAE 6/01/2035 < 0.01%COLT GROUP SA < 0.01%GUDANG GARAM TBK PT < 0.01%MINERALS TECHNOLOGIES INC < 0.01%AST Portfolio Holdings185 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioCOCHLEAR LTD < 0.01%VINDA INTERNATIONAL HOLDING < 0.01%SUNWAY REAL ESTATE INVESTME < 0.01%KENNEDY-WILSON HOLDINGS INC < 0.01%HANKOOK TIRE WORLDWIDE CO L < 0.01%AAK AB < 0.01%BASHNEFT OAO < 0.01%REP SOUTH AFRICA 3/31/2032 < 0.01%ADVANTECH CO LTD < 0.01%ICA GRUPPEN AB < 0.01%TAIKISHA LTD < 0.01%NETIA SA < 0.01%FREDDIE MAC 8/01/2042 < 0.01%BIM BIRLESIK MAGAZALAR AS < 0.01%BANCO COMERCIAL PORTUGUES-R < 0.01%TOMY COMPANY LTD < 0.01%CHINA MINZHONG FOOD CORP LT < 0.01%RPS GROUP PLC < 0.01%DOMINO PRINTING SCIENCES PL < 0.01%DMCI HOLDINGS INC < 0.01%NIHON UNISYS LTD < 0.01%INVOCARE LTD < 0.01%WEBMD HEALTH CORP < 0.01%TOSHIBA TEC CORP < 0.01%EVERGREEN MARINE CORP LTD < 0.01%VIEWPOINT FINANCIAL GROUP I < 0.01%ENEA SA < 0.01%NICKEL ASIA CORP < 0.01%PANERA BREAD COMPANY-CLASS < 0.01%XINHUA WINSHARE PUBLISHING < 0.01%FANNIE MAE 3/01/2043 < 0.01%BOUSTEAD HOLDINGS BHD < 0.01%DR CI:LABO CO LTD < 0.01%HOSIDEN CORP < 0.01%HARVEY NORMAN HOLDINGS LTD < 0.01%AEON FINANCIAL SERVICE CO L < 0.01%HEY SONG CORP < 0.01%ORION CORP < 0.01%LIPPO KARAWACI TBK PT < 0.01%INFRATIL LTD < 0.01%SK BROADBAND CO LTD < 0.01%CHEMRING GROUP PLC < 0.01%PARTNERS GROUP HOLDING AG < 0.01%YANLORD LAND GROUP LTD < 0.01%LIFELOCK INC < 0.01%DTS CORP < 0.01%AMTRAN TECHNOLOGY CO LTD < 0.01%ALL AMERICA LATINA LOGISTIC < 0.01%RESILIENT PROPERTY INCOME < 0.01%VALLEY NATIONAL BANCORP < 0.01%SUMITOMO WAREHOUSE CO LTD < 0.01%TEXWINCA HOLDINGS LTD < 0.01%RENT-A-CENTER INC < 0.01%LG HOUSEHOLD & HEALTH CARE < 0.01%Security% of PortfolioSQUARE ENIX HOLDINGS CO LTD < 0.01%IPSOS < 0.01%GLOBE TRADE CENTRE SA < 0.01%GRUPO AEROPORTUARIO SUR-ADR < 0.01%SANGETSU CO LTD < 0.01%HUGO BOSS AG -ORD < 0.01%STRATEGIC HOTELS & RESORTS < 0.01%SINO BIOPHARMACEUTICAL < 0.01%NATIONAL INSTRUMENTS CORP < 0.01%HAP SENG CONSOLIDATED < 0.01%FIRST PHILIPPINE HLDGS < 0.01%CHEMED CORP < 0.01%BANCO DE BOGOTA < 0.01%ASKUL CORP < 0.01%GENOMMA LAB INTERNACIONAL-B < 0.01%FANNIE MAE 11/01/2042 < 0.01%FRED OLSEN ENERGY ASA < 0.01%EURASIA DRILLIN-GDR REGS < 0.01%BILLERUDKORSNAS AB < 0.01%SHENZHOU INTERNATIONAL GROU < 0.01%SOLAR A/S-B SHS < 0.01%SM-CHILE SA-B < 0.01%MARKETAXESS HOLDINGS INC < 0.01%GALLIFORD TRY PLC < 0.01%GETIN NOBLE BANK SA < 0.01%LIBERTY HOLDINGS LTD < 0.01%FUJI ELECTRONICS CO LTD < 0.01%ARB CORPORATION LTD < 0.01%FANNIE MAE 12/01/2042 < 0.01%INDUSTRIAL & INFRASTRUCTURE < 0.01%BEIJING CAPITAL INTL AIRPO- < 0.01%VOSSLOH AG < 0.01%FUJI SEAL INTERNATIONAL INC < 0.01%ORIFLAME COSMETICS SA-SDR < 0.01%BW OFFSHORE LTD < 0.01%ETALON GROUP-GDR REG S < 0.01%E.CL SA < 0.01%FANNIE MAE 1/01/2043 < 0.01%NETSCOUT SYSTEMS INC < 0.01%SUPALAI PUBLIC CO LTD-FOR < 0.01%CMC MAGNETICS CORP < 0.01%TA CHONG BANK LTD < 0.01%FIBRIA CELULOSE SA-SPON ADR < 0.01%BANK DANAMON INDONESIA TBK < 0.01%CHINA CONCH VENTURE HOLDING < 0.01%ZEBRA TECHNOLOGIES CORP-CL < 0.01%HEIWA REAL ESTATE REIT INC < 0.01%YINGDE GASES GROUP CO LTD < 0.01%CHINA AIRLINES LTD < 0.01%NET ONE SYSTEMS CO LTD < 0.01%SINOPEC SHANGHAI PETROCHEM- < 0.01%XEBIO CO LTD < 0.01%GRUPO COMERCIAL CHEDRAUI SA < 0.01%CONTINENTAL HOLDINGS CORP < 0.01%AST Portfolio Holdings186 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioCABCHARGE AUSTRALIA LTD < 0.01%STAR MICRONICS CO LTD < 0.01%BRANDYWINE REALTY TRUST < 0.01%CHILDREN'S PLACE INC/THE < 0.01%SPIRAX-SARCO ENGINEERING PL < 0.01%WEATHERNEWS INC < 0.01%CARDTRONICS INC < 0.01%YFY INC < 0.01%NOMURA REAL ESTATE RESIDENT < 0.01%MATSUYA FOODS CO LTD < 0.01%TECH PRO TECHNOLOGY DEVELOP < 0.01%B2GOLD CORP < 0.01%HAZAMA ANDO CORP < 0.01%PARQUE ARAUCO S.A. < 0.01%CETIP SA-MERCADOS ORGANIZAD < 0.01%DIAMONDROCK HOSPITALITY CO < 0.01%YUEXIU TRANSPORT INFRASTRUC < 0.01%TOKYO DOME CORP < 0.01%SOULBRAIN CO LTD < 0.01%TEXAS ROADHOUSE INC < 0.01%KARDEMIR KARABUK DEMIR-CL D < 0.01%XL AXIATA TBK PT < 0.01%DAIWA HOUSE RESIDENTIAL INV < 0.01%BANK OF CHONGQING CO LTD-H < 0.01%DEVRO PLC < 0.01%NAVITAS LTD < 0.01%FOLLI FOLLIE SA < 0.01%FANNIE MAE 3/01/2043 < 0.01%KIMBERLY-CLARK DE MEXICO-A < 0.01%SUNSTONE HOTEL INVESTORS IN < 0.01%KOMERI CO LTD < 0.01%DAIBIRU CORP < 0.01%AIN PHARMACIEZ INC < 0.01%KINGBOARD LAMINATES HOLDING < 0.01%VODACOM GROUP LTD < 0.01%FANNIE MAE 1/01/2043 < 0.01%EMPRESA NACIONAL DE TELECOM < 0.01%YELLOW HAT LTD < 0.01%PIONEER FOODS LTD < 0.01%CYFROWY POLSAT SA < 0.01%SAFE BULKERS INC < 0.01%MALAYSIA GOVT 7/15/2021 < 0.01%CHIEN KUO CONSTRUCTION CO < 0.01%INDOMOBIL SUKSES INTERNASIO < 0.01%PHOSAGRO OAO-GDR REG S < 0.01%INVACARE CORP < 0.01%JU TENG INTERNATIONAL HLDGS < 0.01%VITAMIN SHOPPE INC < 0.01%ANSALDO STS SPA < 0.01%CHINA WINDPOWER GROUP LTD < 0.01%GIGABYTE TECHNOLOGY CO LTD < 0.01%BRUNELLO CUCINELLI SPA < 0.01%SENKO CO LTD < 0.01%FUJITEC CO LTD < 0.01%Security% of PortfolioFANNIE MAE 9/01/2042 < 0.01%SUSSER HOLDINGS CORP < 0.01%COCOKARA FINE INC < 0.01%KUSURI NO AOKI CO LTD < 0.01%VERBUND AG < 0.01%DCT INDUSTRIAL TRUST INC < 0.01%CHINA PRECIOUS METAL RESOUR < 0.01%CUBESMART < 0.01%TOKAI RUBBER INDUSTRIES < 0.01%INTER RAO UES < 0.01%TURK TELEKOMUNIKASYON AS < 0.01%PHARMSTANDARD-REG S GDR < 0.01%PEBBLEBROOK HOTEL TRUST < 0.01%PIGEON CORP < 0.01%BTS GROUP HOLDINGS PCL < 0.01%RMI HOLDINGS < 0.01%SCHOLASTIC CORP < 0.01%YODOGAWA STEEL WORKS LTD < 0.01%SOUND GLOBAL LTD < 0.01%CORP INMOBILIARIA VESTA SAB < 0.01%KAPSCH TRAFFICCOM AG < 0.01%CONSOLIDATED COMMUNICATIONS < 0.01%TAIWAN COGENERATION CORP < 0.01%MARUWA CO LTD < 0.01%PSG GROUP LTD < 0.01%SINOTRUK HONG KONG LTD < 0.01%ABOITIZ POWER CORP < 0.01%VARD HOLDINGS LTD < 0.01%FANNIE MAE 12/01/2042 < 0.01%CAWACHI LTD < 0.01%ASPEN TECHNOLOGY INC < 0.01%PRESTIGE BRANDS HOLDINGS IN < 0.01%FANNIE MAE 1/01/2043 < 0.01%ING BANK SLASKI SA < 0.01%UNITIL CORP < 0.01%FCC CO LTD < 0.01%CENTRAIS ELETRICAS BRASILIE < 0.01%OPAP SA < 0.01%D-LINK CORP < 0.01%NIPPON ROAD CO LTD < 0.01%KADOKAWA CORP < 0.01%CHIMERA INVESTMENT CORP < 0.01%AUTOGRILL SPA < 0.01%AVENG LTD < 0.01%QINGLING MOTORS CO LTD-H < 0.01%GLOBUS MEDICAL INC - A < 0.01%KLABIN SA-PREF < 0.01%BALFOUR BEATTY PLC < 0.01%EQUATORIAL ENERGIA SA - ORD < 0.01%TRACTEBEL ENERGIA SA < 0.01%IGB REAL ESTATE INVESTMENT < 0.01%TV ASAHI HOLDINGS CORP < 0.01%FORRESTER RESEARCH INC < 0.01%CHENG LOONG CORP < 0.01%AST Portfolio Holdings187 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioCHINA INTERNATIONAL MARINE- < 0.01%GREAT TAIPEI GAS CO LTD < 0.01%HERMES MICROVISION INC < 0.01%KULIM MALAYSIA BHD < 0.01%CHINA SCE PROPERTY HOLDINGS < 0.01%PALO ALTO NETWORKS INC < 0.01%SINA CORP < 0.01%DIGITAL RIVER INC < 0.01%AMERICAN EAGLE OUTFITTERS < 0.01%MASTERLINK SECURITIES CORP < 0.01%GIORDANO INTERNATIONAL LTD < 0.01%CHINA DONGXIANG GROUP CO < 0.01%CHINA MEDICAL SYSTEM HOLDIN < 0.01%MASIMO CORPORATION < 0.01%ETERNAL MATERIALS CO LTD < 0.01%VIASAT INC < 0.01%BANGCHAK PETROLEUM PUB-FOR < 0.01%EPAM SYSTEMS INC < 0.01%SECURITY BANK CORP < 0.01%AG MORTGAGE INVESTMENT TRUS < 0.01%TRAVELSKY TECHNOLOGY LTD-H < 0.01%BUCKLE INC/THE < 0.01%IMPAX LABORATORIES INC < 0.01%OCI NV < 0.01%CPFL ENERGIA SA-ADR < 0.01%SMS MANAGEMENT & TECH LTD < 0.01%ST JOE CO/THE < 0.01%REGIS CORP < 0.01%TURK SISE VE CAM FABRIKALAR < 0.01%ACADIA REALTY TRUST < 0.01%FINISH LINE/THE - CL A < 0.01%ASIA OPTICAL CO INC < 0.01%LPP SA < 0.01%TIANJIN DEVELOPMENT HLDGS L < 0.01%PORTO SEGURO SA < 0.01%DIGITALGLOBE INC < 0.01%DET NORSKE OLJESELSKAP ASA < 0.01%ABILITY ENTERPRISE CO LTD < 0.01%CHENG UEI PRECISION INDUSTR < 0.01%TOCHIGI BANK LTD/THE < 0.01%KINSUS INTERCONNECT TECH < 0.01%SNYDERS-LANCE INC < 0.01%FANNIE MAE 2/01/2043 < 0.01%CHINA BLUECHEMICAL LTD - H < 0.01%ITE GROUP PLC < 0.01%TOEI CO LTD < 0.01%BANKRATE INC < 0.01%COUSINS PROPERTIES INC < 0.01%SHANDONG WEIGAO GP MEDICAL- < 0.01%AMERICAN ASSETS TRUST INC < 0.01%FREDDIE MAC 8/01/2042 < 0.01%GREAT EASTERN HOLDINGS LTD < 0.01%MKH BHD < 0.01%FANNIE MAE 12/01/2042 < 0.01%Security% of PortfolioCIFI HOLDINGS GROUP CO LTD < 0.01%JUMBO SA < 0.01%ENCORE CAPITAL GROUP INC < 0.01%MARS ENGINEERING CORP < 0.01%NICHI-IKO PHARMACEUTICAL CO < 0.01%GLOBE TELECOM INC < 0.01%CALGON CARBON CORP < 0.01%FIRST CASH FINL SVCS INC < 0.01%MALAYSIA GOVT 8/15/2022 < 0.01%RESTORATION HARDWARE HOLDIN < 0.01%SHANGHAI ELECTRIC GRP CO L- < 0.01%MARFRIG GLOBAL FOODS SA < 0.01%OMNIA HOLDINGS LTD < 0.01%EDP - ENERGIAS DO BRASIL SA < 0.01%PINNACLE FINANCIAL PARTNERS < 0.01%ANTA SPORTS PRODUCTS LTD < 0.01%GUANGSHEN RAILWAY CO LTD-H < 0.01%FUJI MACHINE MFG CO LTD < 0.01%HYPROP INVESTMENTS LTD-UTS < 0.01%JAPAN RENTAL HOUSING INVEST < 0.01%TOKYO BROADCASTING SYSTEM < 0.01%FANNIE MAE 12/01/2042 < 0.01%SEKISUI HOUSE SI RESIDENTIA < 0.01%CAHYA MATA SARAWAK BHD < 0.01%DSW INC-CLASS A < 0.01%NUFARM LTD < 0.01%TSRC CORP < 0.01%PRESIDENT SECURITIES CORP < 0.01%FANNIE MAE 1/01/2043 < 0.01%ACTIVIA PROPERTIES INC < 0.01%KATO SANGYO CO LTD < 0.01%TITAN CEMENT CO. S.A. < 0.01%KAKAKU.COM INC < 0.01%DELTA ELECTRONICS THAI-FORG < 0.01%GREE INC < 0.01%PRIMAX ELECTRONICS LTD < 0.01%NEWOCEAN ENERGY HOLDINGS LT < 0.01%BANGKOK DUSIT MED SERVICE-F < 0.01%HANGER INC < 0.01%TAL EDUCATION GROUP- ADR < 0.01%CHAOWEI POWER HOLDINGS LTD < 0.01%KALBE FARMA TBK PT < 0.01%HSN INC < 0.01%JAZZTEL PLC < 0.01%TOMOE ENGINEERING CO LTD < 0.01%HAITIAN INTERNATIONAL HLDGS < 0.01%CEMENTOS PACASMAYO SAA-CMN < 0.01%SUZANO PAPEL E CELULO-PREF < 0.01%AIR METHODS CORP < 0.01%ICHIGO REAL ESTATE INVESTME < 0.01%WAKITA & CO LTD < 0.01%MATADOR RESOURCES CO < 0.01%CREDICORP LTD < 0.01%LUXOTTICA GROUP SPA < 0.01%AST Portfolio Holdings188 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioTSUKUBA BANK LTD < 0.01%RAYONIER ADVANCED MATERIALS < 0.01%GREATEK ELECTRONICS INC < 0.01%COMTECH TELECOMMUNICATIONS < 0.01%AVI LTD < 0.01%FANNIE MAE 12/01/2042 < 0.01%CHINA BILLS FINANCE CORP < 0.01%OESTERREICHISCHE POST AG < 0.01%NAMPAK LTD < 0.01%TA CHEN STAINLESS PIPE CO < 0.01%AVICHINA INDUSTRY & TECH-H < 0.01%FABEGE AB < 0.01%WAH LEE INDUSTRIAL CORP < 0.01%WEG SA < 0.01%TIANNENG POWER INTL LTD < 0.01%SANYO SHOKAI LTD < 0.01%HEARTLAND PAYMENT SYSTEMS I < 0.01%SANKYO TATEYAMA INC < 0.01%HELLENIC TELECOMMUN ORGANIZ < 0.01%FANNIE MAE 12/01/2042 < 0.01%TOWA PHARMACEUTICAL CO LTD < 0.01%BANCA GENERALI SPA < 0.01%OKAMURA CORP < 0.01%DAIWABO HOLDINGS CO LTD < 0.01%COSAN SA INDUSTRIA COMERCIO < 0.01%SONDA SA < 0.01%ZHONGSHENG GROUP HOLDINGS < 0.01%FNFV GROUP < 0.01%YOUNGONE CORP < 0.01%L FRWD ZAR 9/17/2014 < 0.01%ELETROPAULO METROPOLI-PREF < 0.01%AEGEAN MARINE PETROLEUM NET < 0.01%MITSUBISHI SHOKUHIN CO LTD < 0.01%AECI LTD < 0.01%INTEGRA LIFESCIENCES HOLDIN < 0.01%BANREGIO GRUPO FINANCIERO S < 0.01%SOHU.COM INC < 0.01%AOKI HOLDINGS INC < 0.01%INVERSIONES AGUAS METROPOL < 0.01%BLUCORA INC < 0.01%A.F.P. HABITAT S.A. < 0.01%SUNTORY BEVERAGE & FOOD LTD < 0.01%FREDDIE MAC 12/01/2042 < 0.01%MINOR INTERNATIONAL PCL-FOR < 0.01%QLOGIC CORP < 0.01%THAI TAP WATER SUPPLY-FOREI < 0.01%ORORA LTD < 0.01%OSI SYSTEMS INC < 0.01%INDUSTRIAS CH S.A.B.-SER B < 0.01%CHINA MERCHANTS PROPERTY D- < 0.01%CAN DO CO LTD < 0.01%KIATNAKIN BANK PCL-FOR < 0.01%DAPHNE INTERNATIONAL HOLDIN < 0.01%EMERGENT BIOSOLUTIONS INC < 0.01%Security% of PortfolioFREDDIE MAC 12/01/2042 < 0.01%BUMRUNGRAD HOSPITAL-FOREIGN < 0.01%FANNIE MAE 8/01/2042 < 0.01%MULTIPLAN EMPREENDIMENTOS < 0.01%FANNIE MAE 11/01/2042 < 0.01%NELNET INC-CL A < 0.01%ECLAT TEXTILE COMPANY LTD < 0.01%CHINA SOUTHERN AIRLINES CO- < 0.01%NOMOS BANK-GDR REG S < 0.01%CHIYODA CO LTD < 0.01%SINTOKOGIO LTD < 0.01%HUNGARIAN FORINT < 0.01%SPAR GROUP LIMITED/THE < 0.01%EASTGROUP PROPERTIES INC < 0.01%CEBU AIR INC < 0.01%MEITEC CORP < 0.01%SHANGHAI FOSUN PHARMACEUTI- < 0.01%ARCELORMITTAL SOUTH AFRICA < 0.01%MANILA WATER COMPANY < 0.01%M2 GROUP LTD < 0.01%PARMALAT SPA < 0.01%ZENITRON CORPORATION < 0.01%CITRA MARGA NUSAPHALA PER P < 0.01%FANNIE MAE 9/01/2042 < 0.01%TISCO FINANCIAL-FOREIGN < 0.01%QUALICORP SA < 0.01%YONDOSHI HOLDINGS INC < 0.01%ZTE CORP-H < 0.01%MOTOR OIL (HELLAS) SA < 0.01%LIFE HEALTHCARE GROUP HOLDI < 0.01%AVEX GROUP HOLDINGS INC < 0.01%NICHII GAKKAN CO < 0.01%FANNIE MAE 12/01/2042 < 0.01%PUREGOLD PRICE CLUB INC < 0.01%BANGKOK EXPRESSWAY PUB-FORG < 0.01%NIHON NOHYAKU CO LTD < 0.01%ESTACIO PARTICIPACOES SA < 0.01%IRONWOOD PHARMACEUTICALS IN < 0.01%INDOSAT TBK PT < 0.01%EMULEX CORP < 0.01%MOLINA HEALTHCARE INC < 0.01%TICON INDUSTRIAL CONNECT-F < 0.01%JIANGSU FUTURE LAND CO LTD- < 0.01%PS BUSINESS PARKS INC/CA < 0.01%CAPITEC BANK HOLDINGS LTD < 0.01%COTT CORPORATION < 0.01%CHINA OIL AND GAS GROUP LTD < 0.01%TAV HAVALIMANLARI HOLDING A < 0.01%FREDDIE MAC 7/01/2042 < 0.01%MONRO MUFFLER BRAKE INC < 0.01%UNI-PRESIDENT CHINA HOLDING < 0.01%IRIDIUM COMMUNICATIONS INC < 0.01%NORWEGIAN AIR SHUTTLE AS < 0.01%FANNIE MAE 1/01/2043 < 0.01%AST Portfolio Holdings189 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioISRAELI SHEKEL < 0.01%ADTRAN INC < 0.01%SINOTRANS SHIPPING LTD < 0.01%ALARIS ROYALTY CORP < 0.01%HOMEAWAY INC < 0.01%CHARTER HALL GROUP < 0.01%GRAINGER PLC < 0.01%SOLAR APPLIED MATERIALS TEC < 0.01%YANTAI CHANGYU PIONEER-B < 0.01%HONEYS CO LTD < 0.01%CTCI CORP < 0.01%KHON KAEN SUGAR INDUSTRY PC < 0.01%TAIWAN PCB TECHVEST CO LTD < 0.01%MOBISTAR SA < 0.01%TOYO CORP < 0.01%MERIDA INDUSTRY CO LTD < 0.01%BRINKER INTERNATIONAL INC < 0.01%PIXART IMAGING INC < 0.01%ILLOVO SUGAR LTD < 0.01%CSBC CORP TAIWAN < 0.01%GRUPA AZOTY SA < 0.01%FANNIE MAE 1/01/2043 < 0.01%FANNIE MAE 12/01/2042 < 0.01%MANILA ELECTRIC COMPANY < 0.01%STEWART INFORMATION SERVICE < 0.01%IWATANI CORP < 0.01%TRANSCEND INFORMATION INC < 0.01%BOSIDENG INTL HLDGS LTD < 0.01%KINPO ELECTRONICS INC < 0.01%CARNIVAL GROUP INTERNATIONA < 0.01%SUN COMMUNITIES INC < 0.01%ENKA INSAAT VE SANAYI AS < 0.01%THE UNITED LABORATORIES INT < 0.01%LAFARGE MALAYSIA BHD < 0.01%LEALEA ENTERPRISE < 0.01%UNIZYX HOLDING CORP < 0.01%AKORN INC < 0.01%SEMIRARA MINING CORP < 0.01%ZESPOL ELEKTROWNI PATNOW AD < 0.01%ALAMOS GOLD INC < 0.01%BUMI ARMADA BERHAD < 0.01%JSE LTD < 0.01%GOODMAN PROPERTY TRUST < 0.01%YIEH PHUI ENTERPRISE CO LTD < 0.01%LOPEZ HOLDINGS CORP < 0.01%MEDICLINIC INTERNATIONAL LT < 0.01%FANNIE MAE 10/01/2042 < 0.01%OI SA-PREFERENCE < 0.01%BARNES & NOBLE INC < 0.01%BANK OF KAOHSIUNG < 0.01%WT MICROELECTRONICS CO LTD < 0.01%KUMAGAI GUMI CO LTD < 0.01%WEIKENG INDUSTRIAL CO LTD < 0.01%TPI POLENE PUB CO LTD-FOR < 0.01%Security% of PortfolioHUANENG RENEWABLES CORP-H < 0.01%SAMPO CORP < 0.01%REPUBLIC AIRWAYS HOLDINGS I < 0.01%FANNIE MAE 1/01/2043 < 0.01%SP SETIA BHD < 0.01%HYDRAULIC MACHINE-GDR REG S < 0.01%BANK BUKOPIN TBK PT < 0.01%SHO-BOND HOLDINGS CO LTD < 0.01%HUA HAN BIO-PHARMACEUTICAL < 0.01%STURM RUGER & CO INC < 0.01%NORWEGIAN CRUISE LINE HOLDI < 0.01%CIA CERVECERIAS UNIDAS SA < 0.01%KOMBASSAN HOLDINGS AS < 0.01%CHINA SYNTHETIC RUBBER < 0.01%THAI AIRWAYS INTL PCL-FOR < 0.01%WOONGJIN THINKBIG CO LTD < 0.01%BANK HANDLOWY W WARSZAWIE S < 0.01%MEGACHIPS CORP < 0.01%WEIQIAO TEXTILE CO LTD-H < 0.01%FANNIE MAE 1/01/2043 < 0.01%FANNIE MAE 10/01/2042 < 0.01%BLOOMIN' BRANDS INC < 0.01%FIRST INDUSTRIAL REALTY TR < 0.01%PHISON ELECTRONICS CORP < 0.01%VINA CONCHA Y TORO SA < 0.01%SUN INTERNATIONAL LTD < 0.01%BJ'S RESTAURANTS INC < 0.01%SHANGHAI INDUSTRIAL URBAN D < 0.01%RICH DEVELOPMENT CO LTD < 0.01%PERFECT WORLD CO-SPON ADR < 0.01%BOLSA DE VALORES DE COLOMBI < 0.01%MALAYSIA AIRPORTS HLDGS BHD < 0.01%WARSAW STOCK EXCHANGE < 0.01%ITALCEMENTI SPA < 0.01%EAST WEST BANKING CORP < 0.01%GRINDROD LTD < 0.01%FANNIE MAE 12/01/2042 < 0.01%FREDDIE MAC 11/01/2042 < 0.01%CARDINAL FINANCIAL CORP < 0.01%FANNIE MAE 8/01/2042 < 0.01%CHUNG HWA PULP < 0.01%NS SOLUTIONS CORP < 0.01%SANRIO CO LTD < 0.01%NICHIHA CORP < 0.01%KOENIG & BAUER AG < 0.01%ASIAN CITRUS HOLDINGS LTD < 0.01%FENG TAY ENTERPRISE CO LTD < 0.01%RHI AG < 0.01%HOLY STONE ENTERPRISE CO LT < 0.01%CHEESECAKE FACTORY INC/THE < 0.01%ALLIANCE FINANCIAL GROUP BH < 0.01%FANNIE MAE 12/01/2042 < 0.01%ALPEN CO LTD < 0.01%STELLA CHEMIFA CORP < 0.01%AST Portfolio Holdings190 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioSTARWOOD WAYPOINT RESIDE < 0.01%TURKIYE SINAI KALKINMA BANK < 0.01%GLORIOUS PROPERTY HOLDINGS < 0.01%RAIA DROGASIL SA < 0.01%HARBINGER GROUP INC < 0.01%FANNIE MAE 12/01/2042 < 0.01%SUMITOMO DENSETSU CO LTD < 0.01%FORD OTOMOTIV SANAYI AS < 0.01%PROMATE ELECTRONIC CO LTD < 0.01%LIGHT SA < 0.01%ALICORP S.A.-COMUN < 0.01%NATURA COSMETICOS SA < 0.01%EVA AIRWAYS CORP < 0.01%WASHINGTON H. SOUL PATTINSO < 0.01%ZYNGA INC - CL A < 0.01%FREDDIE MAC 10/01/2042 < 0.01%TUNG HO STEEL ENTERPRISE CO < 0.01%CIA DE TRANSMISSAO DE ENE-P < 0.01%COCA-COLA ICECEK AS < 0.01%INVERSIONES LA CONSTRUCCION < 0.01%SUPER GROUP LTD < 0.01%PETKIM PETROKIMYA HOLDING A < 0.01%S FRWD MXP 9/17/2014 < 0.01%MEDCO ENERGI INTERNASIONAL < 0.01%UNIVERSAL CEMENT < 0.01%SNC FORMER PCL < 0.01%BERKSHIRE HILLS BANCORP INC < 0.01%VOLCANO CORP < 0.01%MPACT LTD < 0.01%MISAWA HOMES CO LTD < 0.01%BUMITAMA AGRI LTD < 0.01%PAKUWON JATI TBK PT < 0.01%FANNIE MAE 12/01/2042 < 0.01%PARKSON RETAIL GROUP LTD < 0.01%DAH CHONG HONG < 0.01%HUNAN NONFERROUS METALS-H < 0.01%PEREGRINE HOLDINGS LTD < 0.01%BBVA BANCO CONTINENTAL SA-C < 0.01%BAOXIN AUTO GROUP LTD < 0.01%FANNIE MAE 1/01/2043 < 0.01%CHINA EASTERN AIRLINES CO-H < 0.01%GOODMAN FIELDER LTD < 0.01%LOCALIZA RENT A CAR < 0.01%WIN SEMICONDUCTORS CORP < 0.01%STAR PUBLICATIONS (MALAYSIA < 0.01%CHINA AOYUAN PROPERTY GROUP < 0.01%STARHILL GLOBAL REIT < 0.01%ASTRAL FOODS LTD < 0.01%TAIWAN HON CHUAN ENTERPRISE < 0.01%LOTES CO LTD < 0.01%NVC LIGHTING HOLDINGS LTD < 0.01%BLACKHAWK NETWORK HD-B < 0.01%TAMRON CO LTD < 0.01%CHINA SHINEWAY PHARMACEUTIC < 0.01%Security% of PortfolioUJU ELECTRONICS CO LTD < 0.01%CARNIVAL INDUSTRIAL CORP < 0.01%TOPCO SCIENTIFIC CO LTD < 0.01%FANTASIA HOLDINGS GROUP CO < 0.01%POTLATCH CORP < 0.01%INDAH KIAT PULP & PAPER TBK < 0.01%SUL AMERICA SA - UNITS < 0.01%CHROMA ATE INC < 0.01%FANNIE MAE 4/01/2043 < 0.01%KING SLIDE WORKS CO LTD < 0.01%KINGSOFT CORP LTD < 0.01%MOSHI MOSHI HOTLINE INC < 0.01%ALTEK CORP < 0.01%ELITE MATERIAL CO LTD < 0.01%GLIMCHER REALTY TRUST < 0.01%SHIP HEALTHCARE HOLDINGS IN < 0.01%UNION ANDINA DE CEMENTOS SA < 0.01%SOUZA CRUZ SA < 0.01%NIC INC < 0.01%SAO MARTINHO SA < 0.01%THAI VEGETABLE OIL PCL-FOR < 0.01%KIWI INCOME PROPERTY TRUST < 0.01%YC INOX CO LTD < 0.01%CHINA SUNTIEN GREEN ENERGY- < 0.01%O'KEY GROUP SA-GDR REGS < 0.01%TOTVS SA < 0.01%UPC TECHNOLOGY CORP < 0.01%CHINA POWER NEW ENERGY DEVE < 0.01%SHINKONG INSURANCE CO LTD < 0.01%REPUBLIC OF PERU 8/12/2026 < 0.01%ERA GROUP INC < 0.01%SYNCMOLD ENTERPRISE CORP < 0.01%MAPLETREE LOGISTICS TRUST < 0.01%CHINA ALL ACCESS HOLDINGS < 0.01%ELITEGROUP COMPUTER SYSTEMS < 0.01%HO TUNG CHEMICAL CORP < 0.01%CORONATION FUND MANAGERS LT < 0.01%ASTRA AGRO LESTARI TBK PT < 0.01%CHIN-POON INDUSTRIAL CO LTD < 0.01%REAL NUTRICEUTICAL GROUP LT < 0.01%MCMILLAN SHAKESPEARE LTD < 0.01%HAVERTY FURNITURE < 0.01%HUDACO INDUSTRIES LTD < 0.01%MURRAY & ROBERTS HOLDINGS < 0.01%MERCIALYS < 0.01%B&G FOODS INC < 0.01%TOKEN CORP < 0.01%SINOFERT HOLDINGS LTD < 0.01%STARS MICROELECTRONICS THAI < 0.01%NAN YA PRINTED CIRCUIT BOAR < 0.01%SIAM CITY CEMENT PCL-FOR < 0.01%MARFIN INVESTMENT GROUP HOL < 0.01%TORUNLAR GAYRIMENKUL YATIRI < 0.01%DATATEC LTD < 0.01%AST Portfolio Holdings191 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioBLUE LABEL TELECOMS LTD < 0.01%WORLD DUTY FREE SPA < 0.01%FIRST INSURANCE CO LTD < 0.01%CARSALES.COM LTD < 0.01%ACCTON TECHNOLOGY CORP < 0.01%TRANSMISSORA ALIANCA DE-UNI < 0.01%M DIAS BRANCO SA < 0.01%MMC CORP BHD < 0.01%BES ENGINEERING CORP < 0.01%COSMOS PHARMACEUTICAL CORP < 0.01%FREDDIE MAC 12/01/2042 < 0.01%GOLDEN EAGLE RETAIL GROUP < 0.01%EXPRESS INC < 0.01%FULLERTON TECHNOLOGY CO LTD < 0.01%PETRONAS DAGANGAN BHD < 0.01%KAWASAN INDUSTRI JABABEKA T < 0.01%TSH RESOURCES BHD < 0.01%SUNPLUS TECHNOLOGY CO LTD < 0.01%TRAKYA CAM SANAYII AS < 0.01%PPC LTD < 0.01%CHINA WATER AFFAIRS GROUP < 0.01%TAIWAN SECOM < 0.01%LTC PROPERTIES INC < 0.01%JOLLIBEE FOODS CORPORATION < 0.01%CAL-COMP ELECTRONICS THAI-F < 0.01%BOULDER BRANDS INC < 0.01%LINX SA < 0.01%HMS HOLDINGS CORP < 0.01%PHILEX MINING CORP < 0.01%ARDENTEC CORP < 0.01%START TODAY CO LTD < 0.01%REUNERT LTD < 0.01%FREDDIE MAC 11/01/2035 < 0.01%LONG BON INTERNATIONAL CO L < 0.01%ALLIED ELECTRONICS CORP-PRF < 0.01%EMPRESA DE ENERGIA DE BOGOT < 0.01%EQUITY ONE INC < 0.01%CYBERAGENT INC < 0.01%RPX CORP < 0.01%ALIOR BANK SA < 0.01%FENG HSIN IRON & STEEL CO < 0.01%TEST RESEARCH INC < 0.01%SIGURD MICROELECTRONICS COR < 0.01%TONG YANG INDUSTRY < 0.01%PP LONDON SUMATRA INDONES P < 0.01%STEALTHGAS INC < 0.01%CSPC PHARMACEUTICAL GROUP L < 0.01%BEC WORLD PCL-FOREIGN < 0.01%JIH SUN FINANCIAL HOLDINGS < 0.01%MODERNLAND REALTY TBK PT < 0.01%YY INC-ADR < 0.01%TEKFEN HOLDING AS < 0.01%JAPFA COMFEED INDONES-TBK P < 0.01%MICROBIO CO LTD < 0.01%Security% of PortfolioNISSHA PRINTING CO LTD < 0.01%HONG TAI ELECTRIC INDUSTRIA < 0.01%YOUNGTEK ELECTRONICS CORP < 0.01%HELLENIC PETROLEUM SA < 0.01%FREDDIE MAC 9/01/2042 < 0.01%RUSSIA-OFZ 4/14/2021 < 0.01%CONSOLIDATED INFRASTRUCTURE < 0.01%TIGA PILAR SEJAHTERA FOOD < 0.01%CYBERLINK CORP < 0.01%GRAND PACIFIC PETROCHEMICAL < 0.01%STANDARD FOODS CORP < 0.01%DUCOMMUN INC < 0.01%FANNIE MAE 4/01/2034 < 0.01%SA CORPORATE REAL ESTATE FU < 0.01%LUNG YEN LIFE SERVICE CORP < 0.01%PARKWAY PROPERTIES INC < 0.01%DOGAN SIRKETLER GRUBU HLDGS < 0.01%WAGEWORKS INC < 0.01%IRS ON KWCDC INDEX 5/14/2023 < 0.01%SUNNY OPTICAL TECH < 0.01%HURON CONSULTING GROUP INC < 0.01%XINCHEN CHINA POWER HOLDING < 0.01%USI CORP < 0.01%ASSORE LTD < 0.01%TON YI INDUSTRIAL CORP < 0.01%HERSHA HOSPITALITY TRUST < 0.01%MOSCOW EXCHANGE MICEX-RTS < 0.01%TIBET 5100 WATER RESOURCES < 0.01%A.G.V. PRODUCTS < 0.01%MALAYSIA RINGGIT < 0.01%UNION BANK OF PHILIPPINES < 0.01%PILOT CORP < 0.01%EOH HOLDINGS LTD < 0.01%FANNIE MAE 5/01/2035 < 0.01%MATAHARI PUTRA PRIMA TBK PT < 0.01%SHENGUAN HOLDINGS GROUP LTD < 0.01%SYMMETRY MEDICAL INC < 0.01%INLAND REAL ESTATE CORP < 0.01%CHINA SINGYES SOLAR TECH < 0.01%CHONG HONG CONSTRUCTION CO < 0.01%MEDASSETS INC < 0.01%CLOVER INDUSTRIES LTD < 0.01%KONAKA CO LTD < 0.01%PRECIOUS SHIPPING PCL-FORGN < 0.01%SANTAM LTD < 0.01%EDUCATION REALTY TRUST INC < 0.01%INDOFOOD CBP SUKSES MAKMUR < 0.01%BLOUNT INTERNATIONAL INC < 0.01%RUSSIA-OFZ 7/20/2022 < 0.01%KERRY LOGISTICS NETWORK LTD < 0.01%I-SHENG ELECTRIC WIRE & CAB < 0.01%PETRON CORP < 0.01%SUGIH ENERGY TBK PT < 0.01%TXC CORP < 0.01%AST Portfolio Holdings192 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioFLY LEASING LTD-ADR < 0.01%ALIANSCE SHOPPING CENTERS S < 0.01%WAH SEONG CORP BHD < 0.01%CHIA CHANG CO LTD < 0.01%PACIFIC DRILLING SA < 0.01%CHINA FOODS LTD < 0.01%S CROS EUR 9/17/2014 < 0.01%ORIENTAL HOLDINGS BERHAD < 0.01%WELLING HOLDING LTD < 0.01%VALID SOLUCOES SA < 0.01%FELCOR LODGING TRUST INC < 0.01%RECALL HOLDINGS LTD < 0.01%TAN CHONG MOTOR HOLDINGS BH < 0.01%GETAC TECHNOLOGY CORP < 0.01%TAIWAN-SOGO SHINKONG SECS C < 0.01%GAJAH TUNGGAL TBK PT < 0.01%NAN KANG RUBBER TIRE CO LTD < 0.01%ECORODOVIAS INFRA E LOG SA < 0.01%FUFENG GROUP LTD < 0.01%INVICTA HOLDINGS LTD < 0.01%CHINA RONGSHENG HEAVY INDUS < 0.01%ST SHINE OPTICAL CO LTD < 0.01%BAOYE GROUP CO LTD -H < 0.01%BOLSA MEXICANA DE VALORES S < 0.01%SERCOMM CORPORATION < 0.01%TEST-RITE INTERNATIONAL CO < 0.01%SINOPEC KANTONS HOLDINGS < 0.01%KUNGSLEDEN AB < 0.01%ADCORP HOLDINGS LTD < 0.01%CASHBUILD LTD < 0.01%TOA ROAD CORP < 0.01%HANNSTAR BOARD CORP < 0.01%PCHOME ONLINE INC < 0.01%LITE-ON SEMICONDUCTOR CORP < 0.01%WILSON BAYLY HOLMES-OVCON < 0.01%DIRECIONAL ENGENHARIA SA < 0.01%BANCA CARIGE SPA < 0.01%ENDO LIGHTING CORP < 0.01%OSISKO GOLD ROYALTIES LT < 0.01%YUNGTAY ENGINEERING CO LTD < 0.01%JAYA TIASA HOLDINGS BHD < 0.01%ZORLU ENERJI ELEKTRIK URETI < 0.01%MAKALOT INDUSTRIAL CO LTD < 0.01%APCB INC < 0.01%IEI INTEGRATION CORP < 0.01%FANNIE MAE 2/01/2035 < 0.01%FORMOSA ADVANCED TECH CO LT < 0.01%BEIJING JINGNENG CLEAN ENE- < 0.01%ITEQ CORP < 0.01%FSP TECHNOLOGY INC < 0.01%PENN REAL ESTATE INVEST TST < 0.01%ROBINSON DEPT STORE PCL-FOR < 0.01%CARMIKE CINEMAS INC < 0.01%TIANGONG INTL CO LTD < 0.01%Security% of PortfolioDURATEX SA < 0.01%OGK-4 < 0.01%JD GROUP LTD < 0.01%AFRICAN BANK INVESTMENTS LT < 0.01%COMBA TELECOM SYSTEMS HOLDI < 0.01%DYNASTY CERAMIC PUB CO LTD < 0.01%ALPHA NETWORKS INC < 0.01%DEPO AUTO PARTS IND CO LTD < 0.01%AICHI BANK LTD/THE < 0.01%WISDOM MARINE LINES CO LTD < 0.01%ELLIE MAE INC < 0.01%FRESH MARKET INC/THE < 0.01%21VIANET GROUP INC-ADR < 0.01%FORMOSAN UNION CHEMICAL < 0.01%GFPT PUBLIC CO LTD-FOR < 0.01%RAITO KOGYO CO LTD < 0.01%SURYA SEMESTA INTERNUSA PT < 0.01%S FRWD RUB 8/04/2014 < 0.01%ENTIE COMMERCIAL BANK < 0.01%SVI PCL < 0.01%EUROCASH SA < 0.01%UNIVERSAL ENTERTAINMENT COR < 0.01%LEWIS GROUP LTD < 0.01%MAGNESITA REFRATARIOS SA < 0.01%GEMTEK TECHNOLOGY CORP < 0.01%KOSSAN RUBBER INDUSTRIES < 0.01%CIMC ENRIC HOLDINGS LTD < 0.01%QUANTA STORAGE INC < 0.01%ADASTRIA HOLDINGS CO LTD < 0.01%CYBERONICS INC < 0.01%YC CO LTD < 0.01%TELEFONICA BRASIL S.A. < 0.01%ANADOLU CAM SANAYII AS < 0.01%EQSTRA HOLDINGS LTD < 0.01%ARGENT-GDP 12/15/2035 < 0.01%SONIX TECHNOLOGY CO LTD < 0.01%EMPERIA HOLDING SA < 0.01%FLEXIUM INTERCONNECT INC < 0.01%MEADOWBROOK INSURANCE GROUP < 0.01%CIA HERING < 0.01%PREMIERE GLOBAL SERVICES IN < 0.01%COOLPAD GROUP LTD < 0.01%HEALTHCARE SERVICES GROUP < 0.01%ROYAL BAFOKENG PLATINUM LTD < 0.01%RAMCO-GERSHENSON PROPERTIES < 0.01%FRANKLIN STREET PROPERTIES < 0.01%AV TECH CORP < 0.01%SYSTEX CORP < 0.01%S FRWD EUR 9/17/2014 < 0.01%CAMBREX CORP < 0.01%TROPICANA CORP BHD < 0.01%TAIWAN PAIHO LTD < 0.01%ZHAOJIN MINING INDUSTRY - H < 0.01%LONG CHEN PAPER < 0.01%AST Portfolio Holdings193 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioROBINSONS LAND CO < 0.01%SMITH & WESSON HOLDING CORP < 0.01%BWP TRUST < 0.01%SOMBOON ADV TECH - FOREIGN < 0.01%BELLE CORP < 0.01%FUKUOKA REIT CORP < 0.01%INTL MEAL COMP HOLDINGS SA < 0.01%S FRWD EUR 9/17/2014 < 0.01%ICHIA TECHNOLOGIES INC < 0.01%SAMART CORPORATION PCL-FOR < 0.01%FANNIE MAE 4/01/2036 < 0.01%SHIN ZU SHING CO LTD < 0.01%CHANGSHOUHUA FOOD CO LTD < 0.01%BRISA BRIDGESTONE SABANCI < 0.01%CIPUTRA PROPERTY TBK PT < 0.01%CAMBRIDGE INDUSTRIAL TRUST < 0.01%ADHI KARYA PERSERO TBK PT < 0.01%FIRST POTOMAC REALTY TRUST < 0.01%TAIWAN SANYO ELECTRIC CO < 0.01%ONE GAS INC < 0.01%NIGERIA NAIRA < 0.01%HUA ENG WIRE & CABLE CO. LT < 0.01%ULKER BISKUVI SANAYI < 0.01%GOLDEN MEDITECH HOLDINGS LT < 0.01%NTT URBAN DEVELOPMENT CORP < 0.01%WASION GROUP HOLDINGS LTD < 0.01%TCL COMMUNICATION TECH HLDG < 0.01%SINCERE NAVIGATION < 0.01%SIAM FUTURE DEVELOPMENT-FOR < 0.01%FREDDIE MAC 11/01/2034 < 0.01%WIJAYA KARYA PERSERO TBK PT < 0.01%CNINSURE INC-ADR < 0.01%MINERVA SA < 0.01%INDUSTRIAS BACHOCO-SER B < 0.01%BIG YELLOW GROUP PLC < 0.01%SIRTEX MEDICAL LTD < 0.01%IGUATEMI EMP DE SHOPPING < 0.01%DAIKOKU DENKI CO LTD < 0.01%CRUZ BLANCA SALUD SA < 0.01%PHOENIX NEW MEDIA LTD -ADR < 0.01%ASELSAN ELEKTRONIK SANAYI < 0.01%BANMEDICA SA < 0.01%CHINA DATANG CORP RENEWABL- < 0.01%ALMENDRAL SA < 0.01%EMIRA PROPERTY FUND < 0.01%HOME PRODUCT CENTER PCL-FOR < 0.01%EZ TEC EMPREENDIMENTOS E PA < 0.01%REALD INC < 0.01%KWONG FONG INDUSTRIES < 0.01%E-LIFE MALL CORPORATION < 0.01%BRASKEM SA-PREF A < 0.01%BURCKHARDT COMPRESSION HOLD < 0.01%ADCOCK INGRAM HOLDINGS LTD < 0.01%PUNCAK NIAGA HOLDINGS BHD < 0.01%Security% of PortfolioETRON TECHNOLOGY INC < 0.01%CAPITAMALLS MALAYSIA TRUST < 0.01%DIGI.COM BHD < 0.01%AMBASSADOR HOTEL/THE < 0.01%FLEETMATICS GROUP PLC < 0.01%FLEURY SA < 0.01%LUMAX INTERNATIONAL CORP LT < 0.01%BANGKOK CHAIN HOSPITAL-FORE < 0.01%POS MALAYSIA BERHAD < 0.01%ODONTOPREV S.A. < 0.01%SL CORP < 0.01%KIAN JOO CAN FACTORY BHD < 0.01%DIAGNOSTICOS DA AMERICA SA < 0.01%GREEN DOT CORP-CLASS A < 0.01%HELLENIC EXCHANGES - ATHENS < 0.01%TSOGO SUN HOLDINGS LTD < 0.01%ZIG SHENG INDUSTRIAL CO LTD < 0.01%GLOBAL MIXED-MODE TECHNOLOG < 0.01%BERJAYA SPORTS TOTO BHD < 0.01%GREAT CHINA METAL INDUSTRY < 0.01%ACBEL POLYTECH INC < 0.01%UNILEVER INDONESIA TBK PT < 0.01%SANY HEAVY EQUIPMENT INTL < 0.01%METKA SA < 0.01%LUZ DEL SUR SAA-COMUN < 0.01%CLICKS GROUP LTD < 0.01%FANNIE MAE 9/01/2034 < 0.01%MEXICAN UDIBONOS 12/14/2017 < 0.01%AYGAZ AS < 0.01%MINGFA GROUP INTERNATIONAL < 0.01%NAM TAI ELECTRONICS INC < 0.01%ADVANCETEK ENTERPRISE CO LT < 0.01%PACIFIC ONLINE < 0.01%TCL MULTIMEDIA TECHNOLOGY < 0.01%YUNGSHIN GLOBAL HOLDING COR < 0.01%COSTAR GROUP INC < 0.01%HOLDSPORT LTD < 0.01%AKR CORPORINDO TBK PT < 0.01%UBIQUITI NETWORKS INC < 0.01%ADVANCED INTERNATIONAL MULT < 0.01%NIEN HSING TEXTILE CO LTD < 0.01%NETCARE LTD < 0.01%FREDDIE MAC 9/01/2033 < 0.01%HONGHUA GROUP < 0.01%SINON CORP < 0.01%TURCAS PETROL A.S. < 0.01%SLC AGRICOLA SA < 0.01%CHAROEN POKPHAND ENTERPRISE < 0.01%FRASER & NEAVE HOLDINGS BHD < 0.01%GRUPO AVAL ACCIONES Y VAL < 0.01%TOP GLOVE CORP BHD < 0.01%CHARTWELL RETIREMENT RESIDE < 0.01%CENTRAL PLAZA HOTEL PCL-FRG < 0.01%CHUNG HSIN ELECTRIC & MACHI < 0.01%AST Portfolio Holdings194 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of Portfolio361 DEGREES INTERNATIONAL < 0.01%AMERICAN VANGUARD CORP < 0.01%MULTIPLUS SA < 0.01%GRENDENE SA < 0.01%UNITED PLANTATIONS BHD < 0.01%G SHANK ENTERPRISE CO LTD < 0.01%ECHO INVESTMENT S.A. < 0.01%CHUNG HUNG STEEL CORP < 0.01%EUROFINS SCIENTIFIC < 0.01%SAS AB < 0.01%MARCOPOLO SA-PREF < 0.01%WOWPRIME CORP < 0.01%TONG REN TANG TECHNOLOGIES- < 0.01%ROTAM GLOBAL AGROSCIENCES L < 0.01%G TECH OPTOELECTRONICS CORP < 0.01%PORTWELL INC < 0.01%MERCURIES LIFE INSURANCE CO < 0.01%TEAM INC < 0.01%EIS ECZACIBASI ILAC VE SINA < 0.01%RAUBEX GROUP LTD < 0.01%CHORUS LTD < 0.01%SUPERMAX CORP BHD < 0.01%SIAMGAS & PETROCHEMICALS-FO < 0.01%ADVTECH LTD < 0.01%SHIH WEI NAVIGATION CO LTD < 0.01%BIOSTIME INTERNATIONAL HOLD < 0.01%HOLTEK SEMICONDUCTOR INC < 0.01%JIANGNAN GROUP LTD < 0.01%GOODBABY INTERNATIONAL HOLD < 0.01%PORTS DESIGN LTD < 0.01%FRASERS COMMERCIAL TRUST < 0.01%AKENERJI ELEKTRIK URETIM AS < 0.01%ANTON OILFIELD SERVICES GP < 0.01%COSCO INTERNATIONAL HOLDING < 0.01%TONG-TAI MACHINE & TOOL CO < 0.01%CHINA METAL PRODUCTS CO LTD < 0.01%BIOSCRIP INC < 0.01%WUMART STORES INC-H < 0.01%BIZIM TOPTAN SATIS MAGAZALA < 0.01%TAIWAN UNION TECHNOLOGY COR < 0.01%BANCO DAYCOVAL SA < 0.01%MALINDO FEEDMILL TBK PT < 0.01%GASCO SA < 0.01%HARTALEGA HOLDINGS BHD < 0.01%PAVILION REAL ESTATE INVEST < 0.01%MAJOR CINEPLEX GROUP-FOREIG < 0.01%FANNIE MAE 2/01/2038 < 0.01%UNITED ENERGY GROUP LTD < 0.01%SINGAPORE DOLLAR < 0.01%QUINENCO S.A. < 0.01%TAINAN ENTERPRISES CO LTD < 0.01%NEW ZEALAND DOLLA < 0.01%KITE REALTY GROUP TRUST < 0.01%GUBRE FABRIKALARI TAS < 0.01%Security% of PortfolioLONGWELL CO < 0.01%ETERNIT SA < 0.01%FANNIE MAE 4/01/2034 < 0.01%RECHI PRECISION CO LTD < 0.01%VERA BRADLEY INC < 0.01%ELIZABETH ARDEN INC < 0.01%METAIR INVESTMENTS LTD < 0.01%KOPEX SA < 0.01%INNER MONGOLIA EERDUOSI RE- < 0.01%XXENTRIA TECHNOLOGY MATERIA < 0.01%QUALITY SYSTEMS INC < 0.01%THAI STANLEY ELECTRIC PUB - < 0.01%SPRINGLAND INTERNATIONAL HO < 0.01%WACOM CO LTD < 0.01%UNITED INTEGRATED SERVICES < 0.01%LIJUN INTL PHARMACETL HLDG < 0.01%ASHFORD HOSPITALITY TRUST < 0.01%IMPERVA INC < 0.01%DIASORIN SPA < 0.01%PIKE CORP < 0.01%MYTILINEOS HOLDINGS S.A. < 0.01%SILITECH TECHNOLOGY CORP < 0.01%ISIS PHARMACEUTICALS INC < 0.01%ARGOSY PROPERTY LTD < 0.01%EVERLIGHT CHEMICAL < 0.01%KERRY TJ LOGISTICS CO LTD < 0.01%ALPARGATAS SA - PREF < 0.01%ASIA POLYMER < 0.01%8X8 INC < 0.01%KOZA ALTIN ISLETMELERI AS < 0.01%RATCHABURI ELEC GEN HODG-FO < 0.01%L FRWD ILS 9/17/2014 < 0.01%HILONG HOLDING LTD < 0.01%PHIHONG TECHNOLOGY CO LTD < 0.01%ANXIN-CHINA HOLDINGS LTD < 0.01%AKSA AKRILIK KIMYA SANAYII < 0.01%XINJIANG GOLDWIND SCI&TEC-H < 0.01%AJISEN CHINA HOLDINGS LTD < 0.01%GLOBAL BIO-CHEM TECHNOLOGY < 0.01%FANNIE MAE 3/01/2038 < 0.01%STP & I PUBLIC CO LTD < 0.01%SENTUL CITY TBK PT < 0.01%MILLS ESTRUTURAS E SERVICOS < 0.01%RANDON PARTICIPACOES SA-PRE < 0.01%FAMOUS BRANDS LTD < 0.01%KPJ HEALTHCARE BERHAD < 0.01%CHINA CHEMICAL & PHARM CO < 0.01%ZHONG AN REAL ESTATE LTD < 0.01%ORBIS SA < 0.01%GRUPO DE INV SURAMERICANA-P < 0.01%CALAMP CORP < 0.01%U-MING MARINE TRANSPORT COR < 0.01%WELL SHIN TECHNOLOGY CO LTD < 0.01%S FRWD PLZ 9/17/2014 < 0.01%AST Portfolio Holdings195 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioL FRWD THB 8/08/2014 < 0.01%YUANDA CHINA HOLDINGS LTD < 0.01%CHINA BANKING CORPORATION < 0.01%YAZICILAR HOLDING AS-A < 0.01%HEALTHWAYS INC < 0.01%CHINA SANJIANG FINE CHEMICA < 0.01%MIRLE AUTOMATION CORP < 0.01%S FRWD BRC 10/24/2014 < 0.01%INTERCORP FINANCIAL SER INC < 0.01%OI SA < 0.01%CITY LODGE HOTELS LTD < 0.01%XOOM CORP < 0.01%LIQUIDITY SERVICES INC < 0.01%SPCG PCL < 0.01%S FRWD MXP 9/17/2014 < 0.01%CHIA HSIN CEMENT < 0.01%EMPRESA DE TELECOM DE BOGOT < 0.01%CHINASOFT INTERNATIONAL LTD < 0.01%AXIS REAL ESTATE INVESTMENT < 0.01%L FRWD SGD 9/17/2014 < 0.01%LPS BRASIL CONS DE IMOVEIS < 0.01%G J STEEL PCL-FOREIGN < 0.01%ACES ELECTRONIC CO LTD < 0.01%S FRWD RUB 8/15/2014 < 0.01%TPI - TRIUNFO PARTICIPACOES < 0.01%COSMOS BANK TAIWAN < 0.01%KINGDEE INTERNATIONAL SFTWR < 0.01%IOCHPE-MAXION S.A. < 0.01%SINBON ELECTRONINCS CO LTD < 0.01%MD MEDICAL GROUP INVEST-REG < 0.01%HEIWA REAL ESTATE CO LTD < 0.01%S FRWD RUB 8/15/2014 < 0.01%ROJANA INDUS PARK PCL-FORGN < 0.01%NETDRAGON WEBSOFT INC < 0.01%L FRWD CNY 9/17/2014 < 0.01%ROLLS-ROYCE-PRF < 0.01%V1 GROUP LTD < 0.01%S FRWD RUB 8/04/2014 < 0.01%OCEANA GROUP LTD < 0.01%S FRWD GBP 9/17/2014 < 0.01%AEON CO (M) BHD < 0.01%TOA CORP < 0.01%TV AZTECA SAB DE CV-CPO < 0.01%FANNIE MAE 2/01/2035 < 0.01%TAISUN ENTERPRISE CO LTD < 0.01%TA ANN HOLDINGS BERHAD < 0.01%BRASIL PHARMA SA < 0.01%SHIN KONG NO 1 REIT < 0.01%KYE SYSTEMS CORP < 0.01%FANNIE MAE 3/01/2034 < 0.01%GLOBAL UNICHIP CORP < 0.01%BRASIL INSURANCE PARTICIPAC < 0.01%HARUM ENERGY TBK PT < 0.01%S FRWD RUB 8/18/2014 < 0.01%Security% of PortfolioDISTELL GROUP LTD < 0.01%PROFARMA DISTRIBUIDORA < 0.01%FANNIE MAE 5/01/2038 < 0.01%METALLURGICAL CORP OF CHIN- < 0.01%APEX BIOTECHNOLOGY CORP < 0.01%C SUN MANUFACTURING LTD < 0.01%SDI CORPORATION < 0.01%FANNIE MAE 11/01/2037 < 0.01%S FRWD SEK 9/17/2014 < 0.01%TSANN KUEN ENTERPRISE CO LT < 0.01%THAI REINSURANCE PUB CO-FOR < 0.01%BHG SA - BRAZIL HOSPITALITY < 0.01%HYDOO INTERNATIONAL HOLDING < 0.01%FANNIE MAE 7/01/2035 < 0.01%MEGAWIDE CONSTRUCTION CORP < 0.01%PORT OF TAURANGA LTD < 0.01%LI NING CO LTD < 0.01%REFINERIA LA PAMPILLA SA < 0.01%SOCIEDAD MINERA CERRO VERDE < 0.01%SPT ENERGY GROUP INC < 0.01%IRS ON KWCDC INDEX 3/07/2017 < 0.01%LEOFOO DEVELOPMENT < 0.01%SESODA CORP < 0.01%INFOBLOX INC < 0.01%NANTEX INDUSTRY CO LTD < 0.01%S CROS EUR 9/17/2014 < 0.01%HELBOR EMPREENDIMENTOS SA < 0.01%GRUPO AEROMEXICO SAB DE CV < 0.01%MASISA SA < 0.01%JERONIMO MARTINS < 0.01%S FRWD TRL 9/17/2014 < 0.01%S FRWD PLZ 9/17/2014 < 0.01%ESPIRITO SANTO FINL GROUP S < 0.01%S CROS PLZ 9/17/2014 < 0.01%COSCO CAPITAL INC < 0.01%CD PROJEKT SA < 0.01%S FRWD MXP 9/17/2014 < 0.01%JCY INTERNATIONAL BHD < 0.01%CHINA STEEL CHEMICAL CORP < 0.01%SITRONIX TECHNOLOGY CORP < 0.01%SPAREBANK 1 NORD-NORGE < 0.01%S FRWD KOR 8/14/2014 < 0.01%WILSON SONS LTD-BDR < 0.01%CENTRAL CHINA REAL ESTATE L < 0.01%S CROS PLZ 9/17/2014 < 0.01%S FRWD PLZ 9/17/2014 < 0.01%S FRWD BRC 8/14/2014 < 0.01%WUS PRINTED CIRCUIT CO LTD < 0.01%CHINA ELECTRIC MANUFACTURIN < 0.01%CLEANAWAY CO LTD < 0.01%XTEP INTERNATIONAL HOLDINGS < 0.01%TOYO-THAI CORP PCL-FOREIGN < 0.01%S FRWD HUF 9/17/2014 < 0.01%ISHARES US REAL ESTATE ETF < 0.01%AST Portfolio Holdings196 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioSPDR DJ INTERNATIONAL REAL < 0.01%CARLSBERG BREWERY MALAYSIA < 0.01%DRDGOLD LTD < 0.01%BONTERRA ENERGY CORP < 0.01%ASIA PLASTIC RECYCLING HOLD < 0.01%ATEN INTERNATION CO LTD < 0.01%FREDDIE MAC 1/01/2036 < 0.01%TAIWAN CHINSAN ELECTRONIC < 0.01%IRS ON MXIBTIIE INDEX 11/14/2023 < 0.01%BECHTLE AG < 0.01%S FRWD CHF 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S CROS PLZ 9/17/2014 < 0.01%ASHFORD HOSPITALITY PRIME I < 0.01%ZENKOKU HOSHO CO LTD < 0.01%S FRWD BRC 10/24/2014 < 0.01%S FRWD BRC 8/04/2014 < 0.01%S CROS EUR 9/17/2014 < 0.01%IS GAYRIMENKUL YATIRIM ORTA < 0.01%IRS ON MXIBTIIE INDEX 11/02/2023 < 0.01%IRS LCH 8.52% 3ML 8/21/2023 < 0.01%FREDDIE MAC 8/01/2033 < 0.01%KINKO OPTICAL CO LTD < 0.01%L FRWD CNY 8/11/2014 < 0.01%RANK GROUP PLC < 0.01%S FRWD HUF 9/17/2014 < 0.01%LABIXIAOXIN SNACKS GROUP LT < 0.01%VANGUARDA AGRO SA < 0.01%S FRWD EUR 9/17/2014 < 0.01%S FRWD HUF 9/17/2014 < 0.01%S FRWD BRC 8/21/2014 < 0.01%UOB-KAY HIAN HOLDINGS LTD < 0.01%FANNIE MAE 3/01/2033 < 0.01%L FRWD CNY 9/05/2014 < 0.01%CHEIL WORLDWIDE INC < 0.01%L FRWD CNY 9/05/2014 < 0.01%LOOMIS AB-B < 0.01%L FRWD CNY 9/17/2014 < 0.01%TOWER GROUP INTE < 0.01%REPUBLIC OF PERU 8/12/2037 < 0.01%FREDDIE MAC 7/01/2035 < 0.01%S FRWD EUR 9/17/2014 < 0.01%S FRWD RUB 8/22/2014 < 0.01%FREDDIE MAC 4/01/2034 < 0.01%S FRWD JPY 9/17/2014 < 0.01%S FRWD CLP 10/24/2014 < 0.01%GRAHAM HOLDINGS CO-CLASS B < 0.01%S CROS EUR 9/17/2014 < 0.01%L FRWD ILS 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%S FRWD HUF 9/17/2014 < 0.01%S FRWD COP 10/24/2014 < 0.01%L FRWD CNY 9/17/2014 < 0.01%S FRWD JPY 9/17/2014 < 0.01%Security% of PortfolioS FRWD PLZ 9/17/2014 < 0.01%IRS ON DTF RATE (COP) 4/15/2019 < 0.01%S FRWD PLZ 9/17/2014 < 0.01%FREDDIE MAC 10/01/2033 < 0.01%S FRWD HUF 9/17/2014 < 0.01%FANNIE MAE 10/01/2033 < 0.01%S CROS EUR 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%S FRWD JPY 9/17/2014 < 0.01%MOTA ENGIL SGPS SA < 0.01%AEON DELIGHT CO LTD < 0.01%FREDDIE MAC 9/01/2033 < 0.01%S FRWD BRC 8/11/2014 < 0.01%S FRWD EUR 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S CROS EUR 9/17/2014 < 0.01%BTS GROUP-CW < 0.01%EXLSERVICE HOLDINGS INC < 0.01%S CROS EUR 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%S FRWD BRC 8/25/2014 < 0.01%S FRWD EUR 9/17/2014 < 0.01%RYOYO ELECTRO CORP < 0.01%S FRWD MYR 8/18/2014 < 0.01%S FRWD EUR 9/17/2014 < 0.01%L FRWD NGN 9/16/2014 < 0.01%S FRWD BRC 8/25/2014 < 0.01%LCH IRS 7.64% 6/13/2019 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S FRWD KOR 8/18/2014 < 0.01%S FRWD AUD 9/17/2014 < 0.01%IRS ON KWCDC INDEX 3/03/2017 < 0.01%S CROS EUR 9/17/2014 < 0.01%MAHLE-METAL LEVE SA < 0.01%CHEMTRADE LOGISTICS INCOM F < 0.01%S FRWD JPY 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%S FRWD PLZ 9/17/2014 < 0.01%S FRWD HUF 9/17/2014 < 0.01%S FRWD RUB 8/22/2014 < 0.01%L FRWD MYR 8/05/2014 < 0.01%L FRWD IDR 8/11/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%S FRWD BRC 9/02/2014 < 0.01%AKFEN HOLDING AS < 0.01%S FRWD COP 10/24/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%S FRWD MYR 8/05/2014 < 0.01%S FRWD PLZ 9/17/2014 < 0.01%HOPEWELL HIGHWAY INFRASTRUC < 0.01%AST Portfolio Holdings197 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioS FRWD ZAR 9/17/2014 < 0.01%S FRWD KOR 8/14/2014 < 0.01%DKSH HOLDING LTD < 0.01%L FRWD CNY 8/11/2014 < 0.01%DA CIN CONSTRUCTION CO LTD < 0.01%LCH IRS ON JIBA3M INDEX 3/26/2016 < 0.01%S FRWD MXP 9/17/2014 < 0.01%LCH IRS ON JIBA3M INDEX 3/25/2016 < 0.01%S FRWD EUR 9/17/2014 < 0.01%DISTRIBUIDORA INTERNACIONAL < 0.01%S FRWD JPY 9/17/2014 < 0.01%S FRWD RUB 8/29/2014 < 0.01%S FRWD MYR 8/07/2014 < 0.01%FANNIE MAE 6/01/2037 < 0.01%S FRWD RUB 10/24/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%REPUBLIC OF PERU 8/12/2031 < 0.01%S FRWD CLP 8/11/2014 < 0.01%S FRWD MYR 8/04/2014 < 0.01%L FRWD CNY 9/17/2014 < 0.01%IRS ON COOVIBR INDEX 4/22/2019 < 0.01%L FRWD THB 9/08/2014 < 0.01%S FRWD IND 8/01/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%S FRWD CND 8/11/2014 < 0.01%S FRWD PLZ 9/17/2014 < 0.01%S CROS EUR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%RUSSIAN ROUBLE < 0.01%DANISH KRONE < 0.01%S FRWD JPY 9/17/2014 < 0.01%S SPOT MXP 8/01/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%S FRWD AUD 9/17/2014 < 0.01%S FRWD JPY 9/17/2014 < 0.01%S FRWD JPY 9/17/2014 < 0.01%L FRWD NZD 9/17/2014 < 0.01%S FRWD PHP 10/31/2014 < 0.01%L FRWD IDR 11,8 8/08/2014 < 0.01%L FRWD EUR 9/17/2014 < 0.01%S FRWD AUD 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%LH FINANCIAL - RIGHTS < 0.01%S FRWD AUD 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S FRWD AUD 9/17/2014 < 0.01%S FRWD PLZ 9/17/2014 < 0.01%S FRWD EUR 9/17/2014 < 0.01%S FRWD AUD 9/17/2014 < 0.01%L FRWD MYR 8/07/2014 < 0.01%L FRWD KOR 8/14/2014 < 0.01%OTC IRS ON KWCDC INDEX 7/11/2024 < 0.01%Security% of PortfolioS FRWD HUF 9/17/2014 < 0.01%L FRWD MYR 8/04/2014 < 0.01%MAKALOT INDL CO LTD RIGHTS < 0.01%S FRWD JPY 9/17/2014 < 0.01%L FRWD MYR 8/04/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%L FRWD THB 8/08/2014 < 0.01%L FRWD MYR 8/07/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%OTC IRS SWAP 5.32% 6/17/2019 < 0.01%S FRWD TRL 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%IRS ON CLICP INDEX 3/31/2016 < 0.01%THAILAND BAHT < 0.01%L FRWD IND 8/08/2014 < 0.01%S SPOT TWD 8/01/2014 < 0.01%S FRWD TWD 8/01/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S FRWD TWD 8/28/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%CIA DE TRANS RTS EX < 0.01%OTC IRS SWAP 5.35% 6/18/2019 < 0.01%LONG CHEN RTS EXP: 31-JUL-1 < 0.01%L FRWD KOR 8/18/2014 < 0.01%S FRWD KOR 10/31/2014 < 0.01%L FRWD ILS 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%IRS ON DTF RATE (COP) 4/16/2024 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD TWD 9/18/2014 < 0.01%CHEETAH MOBILE INC - ADR < 0.01%L FRWD ILS 9/17/2014 < 0.01%L FRWD EUR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%L FRWD THB 9/08/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%TERNA SPA < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S SPOT THB 8/01/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%CHINA NEW CITY COMM DEV RTS < 0.01%MOTA-ENGIL AFRICA RIGHTS < 0.01%GOLDEN MEDITECH WTS < 0.01%HKE & HKE LTD RTS < 0.01%JINMAO INVESTMENT RIGHTS < 0.01%S FRWD TWD 9/25/2014 < 0.01%L FRWD HK 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%AST Portfolio Holdings198 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioL FRWD EUR 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD TWD 8/01/2014 < 0.01%L FRWD PEI 8/29/2014 < 0.01%CD CHINA 1.00 CITI Q 6/20/2019 < 0.01%CD CHINA 1.00 BARC Q 3/20/2019 < 0.01%CD CHINA 1.00 CITI Q 3/20/2019 < 0.01%L FRWD JPY 9/17/2014 < 0.01%S FRWD TWD 8/22/2014 < 0.01%L FRWD KOR 8/18/2014 < 0.01%L FRWD NZD 9/17/2014 < 0.01%COLUMBIA PESO < 0.01%L FRWD ZAR 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%CD CHINA 1.00 CITI Q 6/20/2019 < 0.01%CD CHINA 1.00 JPMN Q 6/20/2019 < 0.01%CD CHINA 1.00 BARC Q 3/20/2019 < 0.01%CD CHINA 1.00 CITI Q 3/20/2019 < 0.01%CD CHINA 1.00 CITI Q 3/20/2019 < 0.01%CD CHINA 1.00 CITI Q 3/20/2019 < 0.01%TAIWAN DOLLAR < 0.01%L SPOT TWD 8/01/2014 < 0.01%IRS ON CLICP INDEX 7/28/2017 < 0.01%IRS ON JIBA3M INDEX 1/09/2016 < 0.01%CD CHINA 1.00 CITI Q 6/20/2019 < 0.01%CD CHINA 1.00 CITI Q 6/20/2019 < 0.01%CD CHINA 1.00 CITI Q 6/20/2019 < 0.01%CDS OTC 1.00% REP OF CHINA 6/20/2019 < 0.01%L FRWD EUR 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD RUB 8/18/2014 < 0.01%CD CHINA 1.00 JPMN Q 3/20/2019 < 0.01%S FRWD ILS 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%IRS ON CLICP INDEX 7/28/2019 < 0.01%L FRWD MYR 8/18/2014 < 0.01%L FRWD IND 8/01/2014 < 0.01%L FRWD PEI 8/18/2014 < 0.01%CD CHINA 1.00 CITI Q 6/20/2019 < 0.01%CD CHINA 1.00 CITI Q 6/20/2019 < 0.01%IRS ON KWCDC INDEX 7/03/2024 < 0.01%L FRWD NZD 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%CD CHINA 1.00 CITI Q 3/20/2019 < 0.01%CD CHINA 1.00 CITI Q 3/20/2019 < 0.01%CD CHINA 1.00 CITI Q 3/20/2019 < 0.01%CD CHINA 1.00 CITI Q 3/20/2019 < 0.01%CD CHINA 1.00 BARC Q 3/20/2019 < 0.01%CD CHINA 1.00 JPMN Q 3/20/2019 < 0.01%CD CHINA 1.00 CITI Q 3/20/2019 < 0.01%L FRWD EUR 9/17/2014 < 0.01%Security% of PortfolioL FRWD PEI 10/24/2014 < 0.01%CD CHINA 1.00 JPMN Q 6/20/2019 < 0.01%CD CHINA 1.00 CITI Q 6/20/2019 < 0.01%CD CHINA 1.00 CITI Q 6/20/2019 < 0.01%L FRWD MYR 8/06/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%CD CHINA 1.00 CITI Q 3/20/2019 < 0.01%L FRWD AUD 9/17/2014 < 0.01%CD CHINA 1.00 CITI Q 6/20/2019 < 0.01%CD CHINA 1.00 CITI 6/20/2019 < 0.01%IRS ON JIBA3M JIBAR 6/07/2018 < 0.01%S FRWD IDR 8/11/2014 < 0.01%L FRWD EUR 9/17/2014 < 0.01%L FRWD RUB 8/04/2014 < 0.01%CD CHINA 1.00 CITI Q 3/20/2019 < 0.01%CD CHINA 1.00 CITI Q 3/20/2019 < 0.01%S FRWD MYR 8/18/2014 < 0.01%CD CHINA 1.00 CITI Q 6/20/2019 < 0.01%S FRWD SGD 9/17/2014 < 0.01%L FRWD RUB 8/04/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%S FRWD CNY 9/17/2014 < 0.01%IRS ON BZDIOVRA INDEX 1/04/2021 < 0.01%L FRWD IND 8/19/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L FRWD IND 9/26/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%CD CHINA 1.00 CITI Q 6/20/2019 < 0.01%L FRWD MYR 8/05/2014 < 0.01%L FRWD RUB 8/04/2014 < 0.01%IRS ON CLICP INDEX 4/15/2019 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%L FRWD IND 9/26/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%IRS ON JIBA3MINDEX 1/06/2016 < 0.01%CD CHINA 1.00 6/20/2019 < 0.01%S FRWD MYR 8/18/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%CD CHINA 1.00 CITI Q 3/20/2019 < 0.01%CD CHINA 1.00 CITI Q 3/20/2019 < 0.01%IRS ON CLICP INDEX 5/12/2017 < 0.01%S FRWD THB 8/08/2014 < 0.01%L FRWD PLZ 9/17/2014 < 0.01%L FRWD DKK 9/17/2014 < 0.01%L FRWD IND 9/23/2014 < 0.01%L FRWD IND 9/26/2014 < 0.01%IRS ON JIBA3MINDEX 1/14/2016 < 0.01%L FRWD HUF 9/17/2014 < 0.01%IRS ON JIBA3M INDEX 1/06/2016 < 0.01%CD CHINA 1.00 CITI Q 6/20/2019 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%IRS ON BZDIOVRA INDEX 1/02/2018 < 0.01%AST Portfolio Holdings199 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioL FRWD IND 9/18/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L FRWD AUD 9/17/2014 < 0.01%L FRWD MYR 9/05/2014 < 0.01%L FRWD IND 9/05/2014 < 0.01%L FRWD EUR 9/17/2014 < 0.01%L FRWD BRC 8/04/2014 < 0.01%L FRWD IND 9/23/2014 < 0.01%IRS ON CLICP INDEX 3/26/2019 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L FRWD EUR 9/17/2014 < 0.01%S FRWD CNY 9/17/2014 < 0.01%L FRWD RUB 8/04/2014 < 0.01%IRS ON CLICP INDEX 3/28/2016 < 0.01%L FRWD TWD 8/28/2014 < 0.01%L FRWD IND 9/23/2014 < 0.01%L CROS PLZ 9/17/2014 < 0.01%CDS OTC 1.00% REP OF CHINA 6/20/2019 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD RUB 8/18/2014 < 0.01%S FRWD THB 8/08/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%S FRWD ILS 9/17/2014 < 0.01%IRS ON BZDIOVRA INDEX 1/02/2018 < 0.01%S FRWD ILS 9/17/2014 < 0.01%S FRWD CNY 9/17/2014 < 0.01%L FRWD JPY 9/17/2014 < 0.01%S FRWD ILS 9/17/2014 < 0.01%IRS ON JIBA3M JIBAR 6/07/2018 < 0.01%L FRWD EUR 9/17/2014 < 0.01%L FRWD IND 9/16/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L FRWD JPY 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%S FRWD ILS 9/17/2014 < 0.01%L FRWD RUB 8/18/2014 < 0.01%L FRWD BRC 8/04/2014 < 0.01%IRS ON BZDIOVRA INDEX 1/02/2018 < 0.01%L FRWD HUF 2 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD JPY 9/17/2014 < 0.01%IRS ON WIBO6M WIBO 7/29/2023 < 0.01%S FRWD IDR 10/31/2014 < 0.01%L FRWD NOK 9/17/2014 < 0.01%L FRWD RUB 8/22/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L FRWD IND 9/18/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%IRS ON KWCDC INDEX 12/23/2023 < 0.01%L FRWD EUR 9/17/2014 < 0.01%IRS ON CLICP INDEX 4/28/2017 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L FRWD PLZ 9/17/2014 < 0.01%Security% of PortfolioL FRWD HUF 9/17/2014 < 0.01%L FRWD HUF 9/17/2014 < 0.01%S FRWD ILS 9/17/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L FRWD MYR 8/05/2014 < 0.01%L FRWD HUF 9/17/2014 < 0.01%L FRWD EUR 9/17/2014 < 0.01%L FRWD RUB 8/04/2014 < 0.01%CD CHINA 1.00 CITI Q 6/20/2019 < 0.01%S FRWD ILS 9/17/2014 < 0.01%IRS ON JIBA3MINDEX 1/08/2016 < 0.01%L FRWD JPY 9/17/2014 < 0.01%L FRWD HUF 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%L FRWD RON 9/17/2014 < 0.01%L FRWD EUR 9/17/2014 < 0.01%L FRWD RUB 8/15/2014 < 0.01%S FRWD CNY 9/05/2014 < 0.01%L FRWD PLZ 9/17/2014 < 0.01%L FRWD HUF 9/17/2014 < 0.01%L FRWD RUB 8/04/2014 < 0.01%S FRWD CNY 8/11/2014 < 0.01%L CROS EUR 9/17/2014 < 0.01%L CROS PLZ 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD IND 8/14/2014 < 0.01%IRS ON CLICP INDEX 2/24/2019 < 0.01%SWEDEN KRONA < 0.01%L CROS PLZ 9/17/2014 < 0.01%L FRWD RUB 8/04/2014 < 0.01%L FRWD HUF 9/17/2014 < 0.01%L CROS PLZ 9/17/2014 < 0.01%IRS ON CLICP INDEX 3/27/2019 < 0.01%L CROS PLZ 9/17/2014 < 0.01%IRS ON KWCDCINDEX 1/09/2024 < 0.01%L FRWD AUD 9/17/2014 < 0.01%IRS ON CLICP INDEX 9/30/2018 < 0.01%L FRWD EUR 9/17/2014 < 0.01%L CROS EUR 9/17/2014 < 0.01%L FRWD EUR 9/17/2014 < 0.01%L CROS EUR 9/17/2014 < 0.01%L FRWD EUR 9/17/2014 < 0.01%IRS ON CLICP INDEX 3/13/2019 < 0.01%L FRWD HUF 9/17/2014 < 0.01%L FRWD NOK 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%IRS ON KWCDCINDEX 1/13/2024 < 0.01%L FRWD RUB 8/22/2014 < 0.01%L CROS PLZ 9/17/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L FRWD RUB 8/04/2014 < 0.01%S FRWD CNY 9/17/2014 < 0.01%IRS ON CLICP INDEX 3/06/2019 < 0.01%S FRWD CNY 9/17/2014 < 0.01%AST Portfolio Holdings200 of 635

AST Goldman Sachs Multi-Asset Portfolio (continued)Security% of PortfolioL FRWD TRL 9/17/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L FRWD CLP 8/11/2014 < 0.01%S FRWD MYR 8/05/2014 < 0.01%IRS ON CLICP INDEX 4/10/2019 < 0.01%L FRWD PLZ 9/17/2014 < 0.01%L FRWD DKK 9/17/2014 < 0.01%L FRWD HUF 9/17/2014 < 0.01%IRS ON CLICP INDEX 3/26/2019 < 0.01%L CROS HUF 2 9/17/2014 < 0.01%L FRWD MYR 10/31/2014 < 0.01%L FRWD JPY 9/17/2014 < 0.01%L FRWD JPY 9/17/2014 < 0.01%IRS ON CLICP INDEX 2/28/2019 < 0.01%IRS ON KWCDC INDEX 1/06/2024 < 0.01%L FRWD MXP 9/17/2014 < 0.01%IRS ON CLICP INDEX 10/03/2018 < 0.01%S FRWD MYR 8/05/2014 < 0.01%L FRWD SEK 9/17/2014 < 0.01%L FRWD CHF 9/17/2014 < 0.01%L CROS PLZ 9/17/2014 < 0.01%S FRWD THB 9/08/2014 < 0.01%L FRWD AUD 9/17/2014 < 0.01%L FRWD RUB 8/21/2014 < 0.01%S FRWD MYR 8/06/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L FRWD CND 9/17/2014 < 0.01%L FRWD EUR 9/17/2014 < 0.01%L FRWD EUR 9/17/2014 < 0.01%IRS ON BZDIOVRA INDEX 1/04/2016 < 0.01%L FRWD PLZ 9/17/2014 < 0.01%L FRWD AUD 9/17/2014 < 0.01%L FRWD PLZ 9/17/2014 < 0.01%MEXICAN PESO < 0.01%L FRWD PLZ 9/17/2014 < 0.01%L FRWD PLZ 9/17/2014 < 0.01%L FRWD CND 9/17/2014 < 0.01%L FRWD HUF 9/17/2014 < 0.01%L FRWD GBP 9/17/2014 < 0.01%L CROS PLZ 9/17/2014 < 0.01%L FRWD JPY 9/17/2014 < 0.01%L FRWD DKK 9/17/2014 < 0.01%CROSS CURRENCY SWAP 5/13/2024 < 0.01%CROSS CURRENCY SWAP 7/17/2024 < 0.01%CROSS CURRENCY SWAP 7/15/2024 < 0.01%L FRWD NOK 9/17/2014 < 0.01%CROSS CURRENCY SWAP 5/23/2019 < 0.01%MENS WAREHOUSE INC < 0.01%CROSS CURRENCY SWAP 5/12/2024 < 0.01%CROSS CURRENCY SWAP 5/13/2024 < 0.01%CROSS CURRENCY SWAP 3/10/2016 < 0.01%L FRWD JPY 9/17/2014 < 0.01%UK POUND STERLING < 0.01%IRS ON JIBA3M JIBAR 4/30/2020 -0.01%Security% of PortfolioL FRWD SEK 9/17/2014 -0.01%ICE CD CDXIG521 1.00 12/20/2018 -0.01%L FRWD CHF 9/17/2014 -0.01%TRIPOINTE HOMES INC -0.01%EURO -0.01%CME IRS 2.250% 9/17/2019 -0.01%CROSS CURRENCY SWAP 3/26/2015 -0.02%L FRWD EUR 9/17/2014 -0.03%BRAZILIAN REAL -0.04%CME IRS ON US0003M INDEX 9/17/2029 -0.04%FANNIE MAE 1/01/2043 -0.07%AST Portfolio Holdings201 of 635

AST Goldman Sachs Small-Cap Value PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 1.98%ESTERLINE TECHNOLOGIES CORP 1.14%CLECO CORPORATION 1.05%SPECTRUM BRANDS HOLDINGS IN 1.04%RSP PERMIAN INC 0.98%CNO FINANCIAL GROUP INC 0.96%BANK OF THE OZARKS 0.96%CHESAPEAKE LODGING TRUST 0.96%FORUM ENERGY TECHNOLOGIES I 0.96%CUBESMART 0.91%AMERICAN EQUITY INVT LIFE H 0.91%POLYONE CORPORATION 0.89%LAREDO PETROLEUM INC 0.88%HIGHWOODS PROPERTIES INC 0.85%PRIVATEBANCORP INC 0.84%PARSLEY ENERGY INC-CLASS A 0.84%ALLSCRIPTS HEALTHCARE SOLUT 0.83%PS BUSINESS PARKS INC/CA 0.82%IDACORP INC 0.81%ACTUANT CORP-A 0.78%NEWPARK RESOURCES INC 0.76%ISHARES RUSSELL 2000 VALUE 0.76%NATL HEALTH INVESTORS INC 0.75%STRATEGIC HOTELS & RESORTS 0.75%KENNEDY-WILSON HOLDINGS INC 0.75%BANCORPSOUTH INC 0.74%KAISER ALUMINUM CORP 0.74%MOOG INC-CLASS A 0.74%GLACIER BANCORP INC 0.73%REX ENERGY CORP 0.73%WEBSTER FINANCIAL CORP 0.72%PORTLAND GENERAL ELECTRIC C 0.72%UMB FINANCIAL CORP 0.71%VERINT SYSTEMS INC 0.70%KAPSTONE PAPER AND PACKAGIN 0.70%VAIL RESORTS INC 0.70%CBL & ASSOCIATES PROPERTIES 0.69%CARLISLE COS INC 0.69%BLACKSTONE MORTGAGE TRU-CL 0.69%RICE ENERGY INC 0.69%SOUTHWEST GAS CORP 0.68%TENNECO INC 0.68%MKS INSTRUMENTS INC 0.66%ACADIA REALTY TRUST 0.66%TEXAS CAPITAL BANCSHARES IN 0.65%MB FINANCIAL INC 0.65%HUDSON PACIFIC PROPERTIES I 0.64%RADIAN GROUP INC 0.64%WESCO INTERNATIONAL INC 0.64%PACWEST BANCORP 0.62%EMCOR GROUP INC 0.62%EL PASO ELECTRIC CO 0.62%ANIXTER INTERNATIONAL INC 0.62%METHANEX CORP 0.60%Security% of PortfolioMFA FINANCIAL INC 0.59%STIFEL FINANCIAL CORP 0.59%APOLLO COMMERCIAL REAL ESTA 0.59%PEBBLEBROOK HOTEL TRUST 0.59%ASBURY AUTOMOTIVE GROUP 0.59%ENTEGRIS INC 0.59%INTERSIL CORP-A 0.58%KAMAN CORP 0.58%ALLETE INC 0.57%DUPONT FABROS TECHNOLOGY 0.56%VIEWPOINT FINANCIAL GROUP I 0.56%HEALTHSOUTH CORP 0.55%TELEDYNE TECHNOLOGIES INC 0.55%APPLIED INDUSTRIAL TECH INC 0.55%JACK IN THE BOX INC 0.54%VIRTUS INVESTMENT PARTNERS 0.54%PROSPERITY BANCSHARES INC 0.54%AMERICAN CAMPUS COMMUNITIES 0.54%PREMIERE GLOBAL SERVICES IN 0.53%CACI INTERNATIONAL INC -CL 0.52%MOVADO GROUP INC 0.52%AK STEEL HOLDING CORP 0.52%WR GRACE & CO 0.52%MAIDEN HOLDINGS LTD 0.51%PINNACLE FINANCIAL PARTNERS 0.51%LIVE NATION ENTERTAINMENT I 0.51%CLARCOR, INC. 0.51%SS&C TECHNOLOGIES HOLDINGS 0.50%CABOT MICROELECTRONICS CORP 0.49%FIRST FINL BANKSHARES INC 0.49%BARNES GROUP INC 0.48%GRAPHIC PACKAGING HOLDING C 0.48%SIGNATURE BANK 0.48%TWO HARBORS INVESTMENT CORP 0.48%FORWARD AIR CORPORATION 0.48%PROASSURANCE CORP 0.47%CARTER'S INC 0.47%PROGRESSIVE WASTE SOLUTIONS 0.46%FAIRCHILD SEMICONDUCTOR INT 0.46%CONVERGYS CORP 0.46%AIR METHODS CORP 0.46%BANNER CORPORATION 0.46%MARRIOTT VACATIONS WORLD 0.46%SOUTH STATE CORP 0.46%HSN INC 0.46%HAIN CELESTIAL GROUP INC 0.46%BELDEN INC 0.45%WOODWARD INC 0.45%WESTLAKE CHEMICAL CORP 0.45%NORTHWESTERN CORP 0.45%EXACT SCIENCES CORP 0.45%HILL-ROM HOLDINGS INC 0.44%BOSTON PRIVATE FINL HOLDING 0.44%ENDURANCE SPECIALTY HOLDING 0.43%AST Portfolio Holdings202 of 635

AST Goldman Sachs Small-Cap Value Portfolio (continued)Security% of PortfolioMOBILE MINI INC 0.43%DYNEGY INC 0.43%AMERICAN AXLE & MFG HOLDING 0.43%HOME BANCSHARES INC 0.42%WATTS WATER TECHNOLOGIES-A 0.42%PTC INC 0.42%CIRCOR INTERNATIONAL INC 0.42%G & K SERVICES INC -CL A 0.42%PNM RESOURCES INC 0.41%DIAMOND RESORTS INTERNATION 0.40%LITTELFUSE INC 0.40%TERRENO REALTY CORP 0.39%BERRY PLASTICS GROUP INC 0.39%NEWPORT CORP 0.39%BLACK HILLS CORP 0.39%DRIL-QUIP INC 0.39%TAMINCO CORP 0.39%ENDOLOGIX INC 0.38%MONOTYPE IMAGING HOLDINGS I 0.38%COMMUNITY BANK SYSTEM INC 0.38%SEMTECH CORP 0.38%QUALITY SYSTEMS INC 0.37%ELECTRONICS FOR IMAGING 0.37%RADWARE LTD 0.36%BRUNSWICK CORP 0.36%GRACO INC 0.36%HOME LOAN SERVICING SOLUTIO 0.36%STANDARD PACIFIC CORP 0.35%MERITAGE HOMES CORP 0.35%CUBIC CORP 0.35%PRESTIGE BRANDS HOLDINGS IN 0.35%CRANE CO 0.34%THERMON GROUP HOLDINGS INC 0.34%WELLCARE HEALTH PLANS INC 0.34%QUAKER CHEMICAL CORP 0.33%FIRST CASH FINL SVCS INC 0.33%INFINITY PHARMACEUTICALS IN 0.33%STEVEN MADDEN LTD 0.32%TETRA TECHNOLOGIES INC 0.32%GNC HOLDINGS INC-CL A 0.32%PMC - SIERRA INC 0.32%CTS CORP 0.32%MEN'S WEARHOUSE INC/THE 0.32%PROVIDENT FINANCIAL SERVICE 0.31%RLI CORP 0.31%GLOBE SPECIALTY METALS INC 0.31%RBC BEARINGS INC 0.30%ADTRAN INC 0.30%INDEPENDENT BANK CORP/MA 0.30%FIRST MIDWEST BANCORP INC/I 0.30%INTERACTIVE INTELLIGENCE GR 0.29%OFFICE DEPOT INC 0.28%TREX COMPANY INC 0.28%DELEK US HOLDINGS INC 0.27%Security% of PortfolioBLOOMIN' BRANDS INC 0.27%MINERALS TECHNOLOGIES INC 0.27%NCI BUILDING SYSTEMS INC 0.26%MARKETAXESS HOLDINGS INC 0.25%APOLLO INVESTMENT CORP 0.25%CARMIKE CINEMAS INC 0.25%MYR GROUP INC/DELAWARE 0.25%FLUSHING FINANCIAL CORP 0.24%COMFORT SYSTEMS USA INC 0.23%SILICON LABORATORIES INC 0.23%EXTREME NETWORKS INC 0.22%MONRO MUFFLER BRAKE INC 0.22%COMMERCIAL METALS CO 0.22%CECO ENVIRONMENTAL CORP 0.22%WILLIAM LYON HOMES-CL A 0.22%WSFS FINANCIAL CORP 0.21%INTEGRA LIFESCIENCES HOLDIN 0.21%INDEPENDENT BANK GROUP INC 0.21%ENSTAR GROUP LTD 0.20%TORNIER NV 0.20%TRUEBLUE INC 0.20%B&G FOODS INC 0.20%TESARO INC 0.19%FIDELITY & GUARANTY LIFE 0.18%NEW MOUNTAIN FINANCE CORP 0.18%ORITANI FINANCIAL CORP 0.18%SURGICAL CARE AFFILIATES IN 0.18%AXIALL CORP 0.18%MOELIS & CO 0.18%SOUTHWEST BANCORP INC/OKLA 0.17%GULFMARK OFFSHORE INC-CL A 0.17%COHEN & STEERS INC 0.17%ADEPTUS HEALTH INC-CLASS A 0.17%EVERYDAY HEALTH INC 0.16%LAKELAND FINANCIAL CORP 0.16%TIME INC 0.16%E*TRADE FINANCIAL CORP 0.15%COBIZ FINANCIAL INC 0.15%SANDY SPRING BANCORP INC 0.15%NATIONAL GENERAL HLDGS 0.14%LITHIA MOTORS INC-CL A 0.14%BRIDGE CAPITAL HOLDINGS 0.14%DIME COMMUNITY BANCSHARES 0.14%TESCO CORP 0.14%GOLUB CAPITAL BDC INC 0.14%SYMETRA FINANCIAL CORP 0.14%MEADOWBROOK INSURANCE GROUP 0.13%BROOKLINE BANCORP INC 0.13%AMERISAFE INC 0.12%COEUR MINING INC 0.11%HERITAGE FINANCIAL CORP 0.11%TRICO BANCSHARES 0.11%FIRST OF LONG ISLAND CORP 0.10%SUSSER HOLDINGS CORP 0.10%AST Portfolio Holdings203 of 635

AST Goldman Sachs Small-Cap Value Portfolio (continued)Security% of PortfolioDANA HOLDING CORP 0.10%DIGI INTERNATIONAL INC 0.10%CORE-MARK HOLDING CO INC 0.09%OLYMPIC STEEL INC 0.09%SOLAR CAPITAL LTD 0.09%CONNECTONE BANCORP INC 0.07%TOWNSQUARE MEDIA INC 0.07%SHOE CARNIVAL INC 0.05%SOLAR SENIOR CAPITAL LTD 0.03%THL CREDIT INC 0.02%KOFAX LTD 0.01%SUMMIT STATE BANK 0.01%SIERRA BANCORP 0.01%SOUTHCOAST FINANCIAL CORP < 0.01%204 of 635AST Portfolio Holdings

AST Goldman Sachs Small-Cap Value PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 1.98%ESTERLINE TECHNOLOGIES CORP 1.14%CLECO CORPORATION 1.05%SPECTRUM BRANDS HOLDINGS IN 1.04%RSP PERMIAN INC 0.98%CNO FINANCIAL GROUP INC 0.96%BANK OF THE OZARKS 0.96%CHESAPEAKE LODGING TRUST 0.96%FORUM ENERGY TECHNOLOGIES I 0.96%CUBESMART 0.91%AMERICAN EQUITY INVT LIFE H 0.91%POLYONE CORPORATION 0.89%LAREDO PETROLEUM INC 0.88%HIGHWOODS PROPERTIES INC 0.85%PRIVATEBANCORP INC 0.84%PARSLEY ENERGY INC-CLASS A 0.84%ALLSCRIPTS HEALTHCARE SOLUT 0.83%PS BUSINESS PARKS INC/CA 0.82%IDACORP INC 0.81%ACTUANT CORP-A 0.78%NEWPARK RESOURCES INC 0.76%ISHARES RUSSELL 2000 VALUE 0.76%NATL HEALTH INVESTORS INC 0.75%STRATEGIC HOTELS & RESORTS 0.75%KENNEDY-WILSON HOLDINGS INC 0.75%BANCORPSOUTH INC 0.74%KAISER ALUMINUM CORP 0.74%MOOG INC-CLASS A 0.74%GLACIER BANCORP INC 0.73%REX ENERGY CORP 0.73%WEBSTER FINANCIAL CORP 0.72%PORTLAND GENERAL ELECTRIC C 0.72%UMB FINANCIAL CORP 0.71%VERINT SYSTEMS INC 0.70%KAPSTONE PAPER AND PACKAGIN 0.70%VAIL RESORTS INC 0.70%CBL & ASSOCIATES PROPERTIES 0.69%CARLISLE COS INC 0.69%BLACKSTONE MORTGAGE TRU-CL 0.69%RICE ENERGY INC 0.69%SOUTHWEST GAS CORP 0.68%TENNECO INC 0.68%MKS INSTRUMENTS INC 0.66%ACADIA REALTY TRUST 0.66%TEXAS CAPITAL BANCSHARES IN 0.65%MB FINANCIAL INC 0.65%HUDSON PACIFIC PROPERTIES I 0.64%RADIAN GROUP INC 0.64%WESCO INTERNATIONAL INC 0.64%PACWEST BANCORP 0.62%EMCOR GROUP INC 0.62%EL PASO ELECTRIC CO 0.62%ANIXTER INTERNATIONAL INC 0.62%METHANEX CORP 0.60%Security% of PortfolioMFA FINANCIAL INC 0.59%STIFEL FINANCIAL CORP 0.59%APOLLO COMMERCIAL REAL ESTA 0.59%PEBBLEBROOK HOTEL TRUST 0.59%ASBURY AUTOMOTIVE GROUP 0.59%ENTEGRIS INC 0.59%INTERSIL CORP-A 0.58%KAMAN CORP 0.58%ALLETE INC 0.57%DUPONT FABROS TECHNOLOGY 0.56%VIEWPOINT FINANCIAL GROUP I 0.56%HEALTHSOUTH CORP 0.55%TELEDYNE TECHNOLOGIES INC 0.55%APPLIED INDUSTRIAL TECH INC 0.55%JACK IN THE BOX INC 0.54%VIRTUS INVESTMENT PARTNERS 0.54%PROSPERITY BANCSHARES INC 0.54%AMERICAN CAMPUS COMMUNITIES 0.54%PREMIERE GLOBAL SERVICES IN 0.53%CACI INTERNATIONAL INC -CL 0.52%MOVADO GROUP INC 0.52%AK STEEL HOLDING CORP 0.52%WR GRACE & CO 0.52%MAIDEN HOLDINGS LTD 0.51%PINNACLE FINANCIAL PARTNERS 0.51%LIVE NATION ENTERTAINMENT I 0.51%CLARCOR, INC. 0.51%SS&C TECHNOLOGIES HOLDINGS 0.50%CABOT MICROELECTRONICS CORP 0.49%FIRST FINL BANKSHARES INC 0.49%BARNES GROUP INC 0.48%GRAPHIC PACKAGING HOLDING C 0.48%SIGNATURE BANK 0.48%TWO HARBORS INVESTMENT CORP 0.48%FORWARD AIR CORPORATION 0.48%PROASSURANCE CORP 0.47%CARTER'S INC 0.47%PROGRESSIVE WASTE SOLUTIONS 0.46%FAIRCHILD SEMICONDUCTOR INT 0.46%CONVERGYS CORP 0.46%AIR METHODS CORP 0.46%BANNER CORPORATION 0.46%MARRIOTT VACATIONS WORLD 0.46%SOUTH STATE CORP 0.46%HSN INC 0.46%HAIN CELESTIAL GROUP INC 0.46%BELDEN INC 0.45%WOODWARD INC 0.45%WESTLAKE CHEMICAL CORP 0.45%NORTHWESTERN CORP 0.45%EXACT SCIENCES CORP 0.45%HILL-ROM HOLDINGS INC 0.44%BOSTON PRIVATE FINL HOLDING 0.44%ENDURANCE SPECIALTY HOLDING 0.43%AST Portfolio Holdings205 of 635

AST Goldman Sachs Small-Cap Value Portfolio (continued)Security% of PortfolioMOBILE MINI INC 0.43%DYNEGY INC 0.43%AMERICAN AXLE & MFG HOLDING 0.43%HOME BANCSHARES INC 0.42%WATTS WATER TECHNOLOGIES-A 0.42%PTC INC 0.42%CIRCOR INTERNATIONAL INC 0.42%G & K SERVICES INC -CL A 0.42%PNM RESOURCES INC 0.41%DIAMOND RESORTS INTERNATION 0.40%LITTELFUSE INC 0.40%TERRENO REALTY CORP 0.39%BERRY PLASTICS GROUP INC 0.39%NEWPORT CORP 0.39%BLACK HILLS CORP 0.39%DRIL-QUIP INC 0.39%TAMINCO CORP 0.39%ENDOLOGIX INC 0.38%MONOTYPE IMAGING HOLDINGS I 0.38%COMMUNITY BANK SYSTEM INC 0.38%SEMTECH CORP 0.38%QUALITY SYSTEMS INC 0.37%ELECTRONICS FOR IMAGING 0.37%RADWARE LTD 0.36%BRUNSWICK CORP 0.36%GRACO INC 0.36%HOME LOAN SERVICING SOLUTIO 0.36%STANDARD PACIFIC CORP 0.35%MERITAGE HOMES CORP 0.35%CUBIC CORP 0.35%PRESTIGE BRANDS HOLDINGS IN 0.35%CRANE CO 0.34%THERMON GROUP HOLDINGS INC 0.34%WELLCARE HEALTH PLANS INC 0.34%QUAKER CHEMICAL CORP 0.33%FIRST CASH FINL SVCS INC 0.33%INFINITY PHARMACEUTICALS IN 0.33%STEVEN MADDEN LTD 0.32%TETRA TECHNOLOGIES INC 0.32%GNC HOLDINGS INC-CL A 0.32%PMC - SIERRA INC 0.32%CTS CORP 0.32%MEN'S WEARHOUSE INC/THE 0.32%PROVIDENT FINANCIAL SERVICE 0.31%RLI CORP 0.31%GLOBE SPECIALTY METALS INC 0.31%RBC BEARINGS INC 0.30%ADTRAN INC 0.30%INDEPENDENT BANK CORP/MA 0.30%FIRST MIDWEST BANCORP INC/I 0.30%INTERACTIVE INTELLIGENCE GR 0.29%OFFICE DEPOT INC 0.28%TREX COMPANY INC 0.28%DELEK US HOLDINGS INC 0.27%Security% of PortfolioBLOOMIN' BRANDS INC 0.27%MINERALS TECHNOLOGIES INC 0.27%NCI BUILDING SYSTEMS INC 0.26%MARKETAXESS HOLDINGS INC 0.25%APOLLO INVESTMENT CORP 0.25%CARMIKE CINEMAS INC 0.25%MYR GROUP INC/DELAWARE 0.25%FLUSHING FINANCIAL CORP 0.24%COMFORT SYSTEMS USA INC 0.23%SILICON LABORATORIES INC 0.23%EXTREME NETWORKS INC 0.22%MONRO MUFFLER BRAKE INC 0.22%COMMERCIAL METALS CO 0.22%CECO ENVIRONMENTAL CORP 0.22%WILLIAM LYON HOMES-CL A 0.22%WSFS FINANCIAL CORP 0.21%INTEGRA LIFESCIENCES HOLDIN 0.21%INDEPENDENT BANK GROUP INC 0.21%ENSTAR GROUP LTD 0.20%TORNIER NV 0.20%TRUEBLUE INC 0.20%B&G FOODS INC 0.20%TESARO INC 0.19%FIDELITY & GUARANTY LIFE 0.18%NEW MOUNTAIN FINANCE CORP 0.18%ORITANI FINANCIAL CORP 0.18%SURGICAL CARE AFFILIATES IN 0.18%AXIALL CORP 0.18%MOELIS & CO 0.18%SOUTHWEST BANCORP INC/OKLA 0.17%GULFMARK OFFSHORE INC-CL A 0.17%COHEN & STEERS INC 0.17%ADEPTUS HEALTH INC-CLASS A 0.17%EVERYDAY HEALTH INC 0.16%LAKELAND FINANCIAL CORP 0.16%TIME INC 0.16%E*TRADE FINANCIAL CORP 0.15%COBIZ FINANCIAL INC 0.15%SANDY SPRING BANCORP INC 0.15%NATIONAL GENERAL HLDGS 0.14%LITHIA MOTORS INC-CL A 0.14%BRIDGE CAPITAL HOLDINGS 0.14%DIME COMMUNITY BANCSHARES 0.14%TESCO CORP 0.14%GOLUB CAPITAL BDC INC 0.14%SYMETRA FINANCIAL CORP 0.14%MEADOWBROOK INSURANCE GROUP 0.13%BROOKLINE BANCORP INC 0.13%AMERISAFE INC 0.12%COEUR MINING INC 0.11%HERITAGE FINANCIAL CORP 0.11%TRICO BANCSHARES 0.11%FIRST OF LONG ISLAND CORP 0.10%SUSSER HOLDINGS CORP 0.10%AST Portfolio Holdings206 of 635

AST Goldman Sachs Small-Cap Value Portfolio (continued)Security% of PortfolioDANA HOLDING CORP 0.10%DIGI INTERNATIONAL INC 0.10%CORE-MARK HOLDING CO INC 0.09%OLYMPIC STEEL INC 0.09%SOLAR CAPITAL LTD 0.09%CONNECTONE BANCORP INC 0.07%TOWNSQUARE MEDIA INC 0.07%SHOE CARNIVAL INC 0.05%SOLAR SENIOR CAPITAL LTD 0.03%THL CREDIT INC 0.02%KOFAX LTD 0.01%SUMMIT STATE BANK 0.01%SIERRA BANCORP 0.01%SOUTHCOAST FINANCIAL CORP < 0.01%207 of 635AST Portfolio Holdings

AST Goldman Sachs Strategic Income PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 27.40%FVU4S US 5YR NOTE(CBT) 10/08/2014 20.14%OTAU4S EURO-OAT FUTURE 9/15/2014 4.71%FANNIE MAE 1/08/2044 3.09%DEUTSCHLAND REP 8/15/2023 2.00%BTPS 5/01/2023 1.66%FHLMC PASS THRU 2/25/2023 1.65%FHLMC PASS THRU 5/25/2022 1.59%PUERTO RICO CMWLTH 7/01/2035 1.15%BRAZIL NTN-B 8/15/2050 1.06%DEUTSCHLAND REP 2/15/2023 1.05%USU4 US LONG BOND (CBT) 10/05/2014 1.00%HILDENE CLO LTD 7/19/2026 0.95%BTPS 11/01/2022 0.89%TRINITAS CLO LTD 7/15/2026 0.87%SILVERMORE CLO LTD 5/15/2026 0.87%REGATTA IV FUNDING LTD 7/25/2026 0.85%TSY INFL IX N/B 4/15/2015 0.84%ANCHORAGE CAPITAL CLO LTD 7/28/2026 0.83%FANNIE MAE 1/08/2044 0.77%SPANISH GOV'T 1/31/2024 0.74%MIDOCEAN CREDIT CLO 7/21/2026 0.73%MEXICAN CETES 10/16/2014 0.71%OCEAN TRAILS CLO 8/13/2025 0.71%SPANISH GOV'T 4/30/2024 0.66%ABN AMRO BANK NV 3/29/2049 0.65%SOUND POINT CLO LTD 2014 10/20/2026 0.57%CUTWATER LTD 7/15/2026 0.57%SPANISH GOV'T 1/31/2022 0.57%ACIS CLO LTD 5/01/2026 0.55%TSY INFL IX N/B 1/15/2024 0.54%SPANISH GOV'T 10/31/2023 0.54%REYNOLDS GROUP 8/15/2019 0.53%SPANISH GOV'T 1/31/2023 0.51%WASATCH LTD 11/14/2022 0.50%MEXICAN BONOS 12/14/2017 0.44%WNU4S US ULTRA BOND(CBT) 10/05/2014 0.43%MEXICAN BONOS 11/18/2038 0.40%TSY INFL IX N/B 1/15/2022 0.40%TSY INFL IX N/B 2/15/2044 0.39%TYU4S US 10YR NOTE(CBT) SEP 10/04/2014 0.38%PREFERRED FD 3/29/2049 0.34%SPRINT CORP 9/15/2023 0.33%ARGENT-GDP 12/15/2035 0.31%CITIC PACIFIC 1/17/2023 0.30%SOFTBANK CORP 4/15/2020 0.27%RESIDENTIAL ASSET MORTGAGE 7/25/2036 0.27%MORGAN STANLEY MORTGAGE LOA 11/25/2036 0.27%MEXICAN UDIBONOS 6/16/2016 0.27%RESIDENTIAL ACCREDIT LOANS, 5/25/2047 0.27%DSLA MORTGAGE LOAN TRUST 4/19/2047 0.27%WELLS FARGO ALTERNATIVE LOA 6/25/2037 0.26%FREDDIEMAC STRIP 12/15/2041 0.26%OFSI FUND LTD 3/20/2025 0.25%Security% of PortfolioCOUNTRYWIDE ALTERNATIVE LOA 11/20/2035 0.25%MEXICAN CETES 9/18/2014 0.24%CLEAR CHANNEL COMM (BL) 7/30/2019 0.24%SABINE PASS LNG 11/30/2016 0.23%REYNOLDS GROUP 4/15/2019 0.23%KODIAK OIL 12/01/2019 0.23%UNIVISION COMM 5/15/2021 0.21%LEHMAN XS TRUST 12/25/2035 0.21%AMERICAN HOME MORTGAGE ASSE 2/25/2047 0.21%LUMINENT MORTGAGE TRUST 7/25/2036 0.21%CME ON EUR006M 9/17/2019 0.20%RESIDENTIAL ACCREDIT LOANS, 1/25/2037 0.20%HILDENE CLO LTD 7/19/2026 0.20%BCAP LLC TRUST 3/25/2037 0.20%SAXON ASSET SECURITIES TRUS 11/25/2035 0.20%BANK OF SCOTLAND 11/29/2049 0.20%FIRST DATA CORP 8/15/2020 0.20%BEST BUY CO INC 8/01/2018 0.20%FIRST DATA CORP 6/15/2019 0.19%HALCON RESOURCES 7/15/2020 0.19%COUNTRYWIDE ALTERNATIVE LOA 6/25/2036 0.19%MEG ENERGY CORP 3/31/2024 0.18%ANCHORAGE CAPITAL CLO LTD 7/28/2026 0.18%BANK OF SCOTLAND 3/29/2049 0.18%COUNTRYWIDE HOME LOANS 4/25/2046 0.18%DOMINICAN REPUBL 4/30/2044 0.18%CREDIT-BASED ASSET SERVICIN 5/25/2035 0.17%BANK OF AMER CRP 12/29/2049 0.17%ANGLIAN WATER OS 1/31/2018 0.17%CITIGROUP INC 12/29/2049 0.17%VERICREST OPPURTUNITY 4/27/2054 0.17%HD SUPPLY INC 4/15/2019 0.17%LEHMAN XS TRUST 3/25/2037 0.16%ALGECO SCOTSMAN 10/15/2019 0.16%BUMBLE BEE ACQ 12/15/2017 0.16%SEALED AIR CORP 9/15/2019 0.15%SILVERMORE CLO LTD 5/15/2026 0.15%INTESA SANPAOLO 6/26/2024 0.15%GOVERNMENT NATIONAL MORTGAG 1/16/2040 0.14%ENERGY SOLUTIONS (BL) 5/29/2020 0.13%CONNECTICUT AVENUE SECURITI 7/25/2024 0.13%TSY INFL IX N/B 1/15/2029 0.13%WAMU MORTGAGE PASS-THROUGH 1/25/2047 0.13%LEVEL 3 COMM INC 6/01/2019 0.13%LEVEL 3 FIN INC 7/15/2020 0.13%MEXICAN CETES 8/21/2014 0.12%BRAZIL MINAS SPE 2/15/2028 0.12%GOVERNMENT NATIONAL MORTGAG 9/20/2043 0.12%MEXICAN BONOS 5/29/2031 0.12%PUERTO RICO SALES TAX FING 8/01/2042 0.12%PUERTO RICO SALES TAX FING 8/01/2042 0.11%CREDIT SUISSE 12/11/2049 0.11%COSTA RICA 4/04/2044 0.11%MEXICAN CETES 9/11/2014 0.11%AST Portfolio Holdings208 of 635

AST Goldman Sachs Strategic Income Portfolio (continued)Security% of PortfolioTRANSOCEAN INC 3/15/2038 0.11%BARCLAYS BK PLC 12/29/2049 0.11%CME ON US0003M INDEX 12/19/2023 0.10%ARDAGH PKG FIN 10/15/2020 0.10%LLOYDS BANK PLC 12/16/2021 0.10%LENNAR CORP 9/01/2014 0.10%CHRYSLER GP/CG C 6/15/2019 0.10%CHECKOUT HOLDINGS CORP (BL) 4/09/2021 0.09%CHECKOUT HOLDINGS CORP (BL) 4/11/2022 0.09%BEV PCK HD LU/IN 12/15/2016 0.09%PUERTO RICO SALES TAX FING 8/01/2041 0.09%BI-LO LLC/FIN CP 9/15/2018 0.09%LEVEL 3 FIN INC 4/01/2019 0.09%WASHINGTON MUTUAL MORTGAGE 4/25/2047 0.09%CUTWATER LTD 7/15/2026 0.09%CITIGROUP COMMERCIAL MORT 6/15/2033 0.09%GOVERNMENT NATIONAL MORTGAG 5/20/2044 0.08%TSY INFL IX N/B 1/15/2015 0.08%MORGAN STANLEY CAPITAL I TR 7/13/2029 0.08%GOVERNMENT NATIONAL MORTGAG 12/16/2039 0.08%POST HOLDINGS IN 2/15/2022 0.08%JAPANESE YEN 0.08%38406HAN2 6/10/2028 0.07%TSY INFL IX N/B 7/15/2015 0.07%ARDAGH PKG FIN 10/15/2020 0.07%GOVERNMENT NATIONAL MORTGAG 5/01/2044 0.07%CHUBB CORP 3/29/2067 0.07%MOBILE TELE 6/22/2020 0.07%INTELSAT JACKSON 4/01/2019 0.07%CUTWATER LTD 7/15/2026 0.06%CITIGROUP CAP 0.06%CAESARS ENT OPER 2/15/2020 0.06%AMERICA MOVIL SA 6/09/2019 0.06%CREDIT-BASED ASSET SERVICIN 12/25/2035 0.06%SWEDISH KRONA 0.06%COVENANT CREDIT PARTNERS(CL 7/20/2026 0.06%CLEAR CHANNEL COMM (BL) 1/29/2016 0.06%CREDIT-BASED ASSET SERVICIN 12/25/2035 0.06%GOVERNMENT NATIONAL MORTGAG 11/20/2043 0.06%BANC OF AMERICA MERRILL LYN 6/15/2028 0.06%REGATTA IV FUNDING LTD. 7/25/2026 0.06%CME IRS ON BP0006M INDEX 12/19/2023 0.06%GOVERNMENT NATIONAL MORTGAG 4/20/2041 0.05%GOVERNMENT NATIONAL MORTGAG 10/20/2040 0.05%HILTON USA TRUST 7/15/2029 0.05%GETTY IMAGES INC 10/15/2020 0.05%ARGENT-GDP 12/15/2035 0.04%COMM MORTGAGE TRUST 6/11/2027 0.04%AUSTRALIAN DOLLAR 0.04%UK POUND STERLING 0.04%S FRWD EUR 9/17/2014 0.04%(L) LCH 4.50% IRS AUD 10Y 9/17/2024 0.04%IRS ON BZDIPVRA INDEX 1/04/2021 0.04%PUERTO RICO SALES TAX FING 8/01/2028 0.04%Security% of PortfolioARDAGH PKG FIN 10/15/2020 0.03%PUERTO RICO SALES TAX FING 8/01/2032 0.03%L FRWD MYR 8/05/2014 0.03%S FRWD EUR 9/12/2014 0.03%POLAND ZLOTY 0.03%ACIS CLO LTD 5/01/2026 0.03%S FRWD SEK 9/17/2014 0.03%PUERTO RICO SALES TAX FING 8/01/2039 0.03%EURO 0.03%CASH COLLATERAL 0.03%(L) IRS LCH NFFIX3FAR NZD 9/17/2024 0.03%EUROPEAN CURRENCY 0.03%S FRWD EUR 9/17/2014 0.03%BI-LO LLC/FIN CP 2/15/2019 0.03%PUERTO RICO SALES TAX FING 8/01/2037 0.02%NEUB 20A C 8/04/2025 0.02%S FRWD RUB 8/18/2014 0.02%REYNOLDS GROUP 8/15/2019 0.02%AMERICAN ENERGY BL 7/09/2044 0.02%S FRWD HUF 9/17/2014 0.02%PUERTO RICO CMWLTH AQUEDUCT 7/01/2037 0.02%PUERTO RICO SALES TAX FING 8/01/2043 0.02%S CROS EUR 9/17/2014 0.02%S FRWD EUR 9/17/2014 0.02%GEN ELEC CAP CRP 4/06/2018 0.02%S FRWD NZD 9/17/2014 0.02%PUERTO RICO CMWLTH 7/01/2037 0.02%PUERTO RICO SALES TAX FING 8/01/2037 0.02%S FRWD JPY 9/17/2014 0.02%S FRWD MXP 8/08/2014 0.02%PUERTO RICO CMWLTH 7/01/2041 0.01%S FRWD RUB 8/15/2014 0.01%(L) CME 4.000% IRS CND 12/19/2023 0.01%S FRWD RUB 8/15/2014 0.01%PUERTO RICO CMWLTH AQUEDUCT 7/01/2044 0.01%S FRWD RUB 8/04/2014 0.01%L FRWD CNY 9/17/2014 0.01%S FRWD JPY 9/17/2014 0.01%S CROS EUR 9/17/2014 0.01%S CROS EUR 9/17/2014 0.01%FREDDIE MAC 11/15/2038 0.01%PUERTO RICO SALES TAX FING 8/01/2038 0.01%S FRWD BRC 10/24/2014 0.01%S FRWD JPY 9/17/2014 0.01%(L) LCH 2.50% IRS USD 10Y 9/14/2024 0.01%TRUE RELIGION APPAREAL (BL) 7/30/2019 0.01%S FRWD GBP 9/17/2014 0.01%S FRWD EUR 9/17/2014 0.01%S CROS EUR 9/17/2014 0.01%S FRWD NZD 9/17/2014 0.01%S FRWD NZD 9/17/2014 0.01%S CROS EUR 9/17/2014 0.01%S CROS NOK 9/17/2014 0.01%S FRWD KOR 8/14/2014 0.01%AST Portfolio Holdings209 of 635

AST Goldman Sachs Strategic Income Portfolio (continued)Security% of PortfolioSWISS FRANC 0.01%S CROS EUR 9/17/2014 0.01%S FRWD BRC 8/14/2014 0.01%S FRWD BRC 10/24/2014 0.01%S FRWD JPY 9/17/2014 0.01%S FRWD CHF 9/17/2014 0.01%PUERTO RICO SALES TAX FING 8/01/2043 0.01%S FRWD CHF 9/17/2014 0.01%S FRWD TRL 9/17/2014 0.01%PUERTO RICO CMWLTH 7/01/2039 0.01%S FRWD CND 9/17/2014 0.01%PUERTO RICO CMWLTH 7/01/2039 0.01%S FRWD GBP 9/08/2014 0.01%S CROS EUR 9/17/2014 0.01%S CROS PLZ 9/17/2014 0.01%S CROS EUR 9/17/2014 0.01%S FRWD RUB 8/21/2014 0.01%S FRWD AUD 9/17/2014 0.01%S FRWD CHF 9/17/2014 0.01%S CROS EUR 9/17/2014 0.01%S FRWD CHF 9/17/2014 0.01%S FRWD EUR 9/17/2014 0.01%S FRWD EUR 9/17/2014 0.01%L FRWD CNY 8/11/2014 0.01%S FRWD EUR 9/17/2014 0.01%S CROS EUR 9/17/2014 0.01%PUERTO RICO CMWLTH AQUEDUCT 7/01/2038 0.01%LCH 1.25% IRS JPY 9Y 12/19/2023 0.01%S FRWD CHF 9/17/2014 0.01%S FRWD CHF 9/17/2014 0.01%S CROS JPY 9/17/2014 0.01%S CROS EUR 9/17/2014 0.01%L FRWD CNY 9/05/2014 0.01%S FRWD NZD 9/17/2014 0.01%S FRWD BRC 8/21/2014 0.01%S CROS CHF 9/17/2014 0.01%L FRWD CNY 9/05/2014 0.01%S FRWD CND 9/17/2014 0.01%PUERTO RICO CMWLTH 7/01/2041 0.01%S FRWD JPY 9/17/2014 0.01%S CROS CHF 9/17/2014 0.01%S FRWD JPY 9/17/2014 0.01%S FRWD AUD 9/17/2014 0.01%L FRWD CNY 9/17/2014 0.01%(L) CME 2.750% IRS CND 9/17/2024 0.01%PUERTO RICO CMWLTH 7/01/2031 0.01%S FRWD JPY 9/17/2014 0.01%S FRWD JPY 9/17/2014 0.01%S FRWD RUB 8/22/2014 0.01%S CROS NOK 9/17/2014 0.01%S CROS EUR 9/17/2014 < 0.01%L FRWD ILS 9/17/2014 < 0.01%S FRWD GBP 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%Security% of PortfolioS CROS HUF 9/17/2014 < 0.01%S FRWD GBP 9/17/2014 < 0.01%L FRWD CNY 9/17/2014 < 0.01%S FRWD NZD 9/17/2014 < 0.01%S FRWD GBP 9/17/2014 < 0.01%S FRWD BRC 8/04/2014 < 0.01%CME IRS ON NFIX3FRA INDEX 12/19/2023 < 0.01%S FRWD GBP 9/17/2014 < 0.01%S CROS EUR 9/17/2014 < 0.01%S FRWD GBP 9/17/2014 < 0.01%S CROS PLZ 9/17/2014 < 0.01%S FRWD AUD 9/17/2014 < 0.01%S CROS EUR 9/17/2014 < 0.01%S FRWD MXP 8/08/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD JPY 9/17/2014 < 0.01%S FRWD BRC 8/25/2014 < 0.01%S FRWD NZD 9/17/2014 < 0.01%S CROS SEK 9/17/2014 < 0.01%L FRWD GBP 9/17/2014 < 0.01%S FRWD BRC 8/11/2014 < 0.01%IRS ON BP0006M INDEX 2/05/2021 < 0.01%S FRWD JPY 9/17/2014 < 0.01%NORWEGIAN KRONE < 0.01%S CROS CHF 9/17/2014 < 0.01%S FRWD NZD 9/17/2014 < 0.01%S CROS EUR 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S CROS NOK 9/17/2014 < 0.01%S CROS EUR 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%S FRWD MYR 8/18/2014 < 0.01%S FRWD PLZ 9/17/2014 < 0.01%S FRWD MYR 8/18/2014 < 0.01%S FRWD NOK 9/17/2014 < 0.01%PUERTO RICO CMWLTH 7/01/2032 < 0.01%S CROS NOK 9/17/2014 < 0.01%S CROS SEK 9/17/2014 < 0.01%S FRWD KOR 8/18/2014 < 0.01%PUERTO RICO SALES TAX FING 8/01/2040 < 0.01%S FRWD AUD 9/17/2014 < 0.01%S CROS EUR 9/17/2014 < 0.01%S FRWD CND 9/17/2014 < 0.01%PUERTO RICO CMWLTH 7/01/2036 < 0.01%L FRWD IDR 8/11/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%S FRWD MXP 8/08/2014 < 0.01%PUERTO RICO CMWLTH 7/01/2034 < 0.01%S CROS EUR 9/17/2014 < 0.01%S FRWD BRC 9/02/2014 < 0.01%S FRWD MYR 8/05/2014 < 0.01%S FRWD RUB 8/22/2014 < 0.01%PUERTO RICO CMWLTH 7/01/2032 < 0.01%AST Portfolio Holdings210 of 635

AST Goldman Sachs Strategic Income Portfolio (continued)Security% of PortfolioL FRWD MYR 8/05/2014 < 0.01%PUERTO RICO SALES TAX FING 8/01/2037 < 0.01%S FRWD MXP 9/17/2014 < 0.01%S FRWD AUD 9/17/2014 < 0.01%S FRWD AUD 9/17/2014 < 0.01%S FRWD AUD 9/17/2014 < 0.01%S FRWD EUR 9/12/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%PUERTO RICO CMWLTH AQUEDUCT 7/01/2033 < 0.01%S FRWD KOR 8/14/2014 < 0.01%L FRWD CNY 8/11/2014 < 0.01%PUERTO RICO CMWLTH 7/01/2037 < 0.01%L FRWD CNY 9/17/2014 < 0.01%S FRWD AUD 9/17/2014 < 0.01%S CROS SEK 9/17/2014 < 0.01%S FRWD CLP 8/11/2014 < 0.01%S FRWD MYR 8/07/2014 < 0.01%S CROS SEK 9/17/2014 < 0.01%L FRWD THB 8/08/2014 < 0.01%S FRWD RUB 8/29/2014 < 0.01%S FRWD CHF 9/17/2014 < 0.01%PUERTO RICO CMWLTH 7/01/2027 < 0.01%PUERTO RICO SALES TAX FING 8/01/2038 < 0.01%S FRWD MYR 8/04/2014 < 0.01%S CROS PLZ 9/17/2014 < 0.01%L FRWD CNY 9/17/2014 < 0.01%S FRWD EUR 9/17/2014 < 0.01%S CROS CHF 9/17/2014 < 0.01%S FRWD IND 8/01/2014 < 0.01%L FRWD THB 8/08/2014 < 0.01%PUERTO RICO SALES TAX FING 8/01/2044 < 0.01%S FRWD TWD 8/01/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S CROS EUR 9/17/2014 < 0.01%S SPOT TWD 8/01/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S SPOT IND 8/01/2014 < 0.01%S FRWD TWD 8/28/2014 < 0.01%PUERTO RICO CMWLTH 7/01/2026 < 0.01%L FRWD IDR 11,8 8/08/2014 < 0.01%S FRWD MXP 8/08/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%PUERTO RICO SALES TAX FING 8/01/2035 < 0.01%PUERTO RICO CMWLTH 7/01/2034 < 0.01%L FRWD MYR 8/07/2014 < 0.01%L FRWD KOR 8/14/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%L FRWD MYR 8/04/2014 < 0.01%TURKISH LIRA < 0.01%LCH IR 3.0480 WIBO6M 6/17/2019 < 0.01%S FRWD SEK 8/21/2014 < 0.01%L FRWD MYR 8/04/2014 < 0.01%Security% of PortfolioS FRWD TRL 9/17/2014 < 0.01%PUERTO RICO CMWLTH 7/01/2039 < 0.01%S FRWD JPY 8/13/2014 < 0.01%L FRWD MYR 8/07/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L FRWD NZD 9/17/2014 < 0.01%L FRWD CHF 9/17/2014 < 0.01%L CROS EUR 9/17/2014 < 0.01%L CROS EUR 9/17/2014 < 0.01%S FRWD TWD 9/18/2014 < 0.01%S FRWD TRL 9/17/2014 < 0.01%S CROS GBP 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%S FRWD JPY 8/13/2014 < 0.01%L FRWD IND 8/08/2014 < 0.01%IOS.FN30.400.10 1/12/2041 < 0.01%L FRWD EUR 9/17/2014 < 0.01%L FRWD KOR 8/18/2014 < 0.01%S FRWD NZD 9/17/2014 < 0.01%L FRWD MYR 8/18/2014 < 0.01%IOS FN30.500.10 1/12/2041 < 0.01%LCH IOS FN30.500.10 1/12/2041 < 0.01%LCH IOS FN30.500.10 1/12/2041 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%IOS.FN30.400.10 1/12/2041 < 0.01%L SPOT EUR 8/01/2014 < 0.01%CME IRS ON BP0006M INDEX 9/17/2019 < 0.01%L FRWD JPY 9/17/2014 < 0.01%L FRWD EUR 9/17/2014 < 0.01%L FRWD MXP 8/08/2014 < 0.01%L FRWD KOR 8/18/2014 < 0.01%CD CHINA 1.00 6/20/2019 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%CD CHINA 1.00 6/20/2019 < 0.01%L FRWD TWD 8/01/2014 < 0.01%CD CHINA 1.00 6/20/2019 < 0.01%S CROS SEK 9/17/2014 < 0.01%L FRWD JPY 9/17/2014 < 0.01%L FRWD CND 9/17/2014 < 0.01%LCH IRS ON WIBO6M INDEX 7/10/2024 < 0.01%S FRWD NZD 9/17/2014 < 0.01%L CROS EUR 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%S CROS GBP 9/17/2014 < 0.01%S FRWD ILS 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%S FRWD NZD 9/17/2014 < 0.01%L FRWD MXP 8/08/2014 < 0.01%L FRWD MYR 8/18/2014 < 0.01%L FRWD GBP 9/17/2014 < 0.01%AST Portfolio Holdings211 of 635

AST Goldman Sachs Strategic Income Portfolio (continued)Security% of PortfolioL FRWD IND 8/01/2014 < 0.01%CD CHINA 1.00 6/20/2019 < 0.01%(S) CME ON WIBO6M INDEX 6/17/2019 < 0.01%CD CHINA 1.00 6/20/2019 < 0.01%S FRWD SGD 9/17/2014 < 0.01%LCH IRS ON WIBO6M INDEX 7/09/2024 < 0.01%CD CHINA 1.00 6/20/2019 < 0.01%CD CHINA 1.00 6/20/2019 < 0.01%L FRWD GBP 9/08/2014 < 0.01%L CROS EUR 9/17/2014 < 0.01%L FRWD GBP 9/17/2014 < 0.01%L FRWD MXP 8/08/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%L SPOT IND 8/01/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%L FRWD IND 9/26/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD IND 8/19/2014 < 0.01%L SPOT TWD 8/01/2014 < 0.01%S FRWD MYR 8/18/2014 < 0.01%L CROS EUR 9/17/2014 < 0.01%S FRWD CNY 9/17/2014 < 0.01%L FRWD IND 9/26/2014 < 0.01%CDS CHINA 1.00 6/20/2019 < 0.01%L FRWD RUB 8/18/2014 < 0.01%L FRWD EUR 9/17/2014 < 0.01%S FRWD CND 9/17/2014 < 0.01%L FRWD EUR 9/17/2014 < 0.01%CD CHINA 1.00 6/20/2019 < 0.01%L FRWD GBP 9/17/2014 < 0.01%L FRWD IND 9/26/2014 < 0.01%L FRWD CND 9/17/2014 < 0.01%L FRWD GBP 9/17/2014 < 0.01%S FRWD CND 9/17/2014 < 0.01%CD CHINA 1.00 6/20/2019 < 0.01%L CROS EUR 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L CROS JPY 1 9/17/2014 < 0.01%L FRWD IND 9/18/2014 < 0.01%L FRWD GBP 9/17/2014 < 0.01%L FRWD CND 9/17/2014 < 0.01%L FRWD IND 9/05/2014 < 0.01%L FRWD IND 9/23/2014 < 0.01%L FRWD AUD 9/17/2014 < 0.01%L FRWD MYR 9/05/2014 < 0.01%L FRWD GBP 9/17/2014 < 0.01%CD CHINA 1.00 6/20/2019 < 0.01%L FRWD IND 9/23/2014 < 0.01%L FRWD EUR 9/17/2014 < 0.01%L CROS EUR 9/17/2014 < 0.01%L FRWD TWD 8/28/2014 < 0.01%L FRWD IND 9/23/2014 < 0.01%L FRWD NZD 9/17/2014 < 0.01%L CROS PLZ 9/17/2014 < 0.01%Security% of PortfolioL FRWD CND 9/17/2014 < 0.01%L FRWD RUB 8/18/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD CND 9/17/2014 < 0.01%CD CHINA 1.00 6/20/2019 < 0.01%S FRWD ILS 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L FRWD CND 9/17/2014 < 0.01%S FRWD ILS 9/17/2014 < 0.01%L CROS EUR 9/17/2014 < 0.01%S FRWD CNY 9/17/2014 < 0.01%IOS FN30.300.12 1/12/2043 < 0.01%S FRWD ILS 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD IND 9/16/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%S FRWD ILS 9/17/2014 < 0.01%L CROS EUR 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD CND 9/17/2014 < 0.01%L FRWD RUB 8/15/2014 < 0.01%L FRWD RUB 8/18/2014 < 0.01%L CROS CHF 9/17/2014 < 0.01%L CROS EUR 9/17/2014 < 0.01%L CROS EUR 9/17/2014 < 0.01%L CROS EUR 9/17/2014 < 0.01%L FRWD IND 9/18/2014 < 0.01%CME IRS ON NIBOR6M INDEX 12/18/2024 < 0.01%L FRWD RUB 8/22/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L CROS EUR 9/17/2014 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%L FRWD NZD 9/17/2014 < 0.01%L FRWD NZD 9/17/2014 < 0.01%L FRWD BRC 8/04/2014 < 0.01%L FRWD PLZ 9/17/2014 < 0.01%CD CHINA 1.00 6/20/2019 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L FRWD PLZ 9/17/2014 < 0.01%S FRWD ILS 9/17/2014 < 0.01%L FRWD PLZ 9/17/2014 < 0.01%L FRWD PLZ 9/17/2014 < 0.01%L FRWD AUD 9/17/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L CROS EUR 9/17/2014 < 0.01%L FRWD EUR 9/17/2014 < 0.01%L FRWD PLZ 9/17/2014 < 0.01%S FRWD ILS 9/17/2014 < 0.01%L FRWD EUR 9/17/2014 < 0.01%L FRWD CHF 9/17/2014 < 0.01%LCH IRS ON WIBP6M INDEX 5/06/2024 < 0.01%S FRWD TRL 9/17/2014 < 0.01%L FRWD IND 8/14/2014 < 0.01%L FRWD EUR 9/17/2014 < 0.01%AST Portfolio Holdings212 of 635

AST Goldman Sachs Strategic Income Portfolio (continued)Security% of PortfolioL FRWD PLZ 9/17/2014 < 0.01%S FRWD CNY 9/05/2014 < 0.01%L CROS GBP 9/17/2014 < 0.01%L CROS NOK 9/17/2014 < 0.01%L CROS GBP 9/17/2014 -0.01%L CROS PLZ 9/17/2014 -0.01%L CROS EUR 9/17/2014 -0.01%S FRWD CNY 8/11/2014 -0.01%L FRWD TRL 9/17/2014 -0.01%L CROS SEK 9/17/2014 -0.01%L FRWD GBP 9/17/2014 -0.01%L FRWD EUR 9/17/2014 -0.01%L CROS PLZ 9/17/2014 -0.01%(L) LCH 4.50% IRS USD 5Y 9/17/2019 -0.01%L CROS EUR 9/17/2014 -0.01%L CROS PLZ 9/17/2014 -0.01%L CROS PLZ 9/17/2014 -0.01%L CROS EUR 9/17/2014 -0.01%LCH ON NIBOR6M INDEX 12/20/2022 -0.01%L FRWD JPY 9/17/2014 -0.01%L FRWD TRL 9/17/2014 -0.01%L FRWD CLP 8/11/2014 -0.01%LCH ON WIBO6M INDEX 5/08/2024 -0.01%L FRWD RUB 8/22/2014 -0.01%L CROS PLZ 9/17/2014 -0.01%L FRWD EUR 9/17/2014 -0.01%S FRWD CNY 9/17/2014 -0.01%L FRWD JPY 9/17/2014 -0.01%S FRWD CNY 9/17/2014 -0.01%L FRWD MXP 9/17/2014 -0.01%L FRWD EUR 9/17/2014 -0.01%L CROS EUR 9/17/2014 -0.01%S FRWD MYR 8/05/2014 -0.01%CD CHINA 1.00 6/20/2019 -0.01%L FRWD EUR 9/17/2014 -0.01%L FRWD AUD 9/17/2014 -0.01%L FRWD TRL 9/17/2014 -0.01%L CROS NOK 9/17/2014 -0.01%S FRWD THB 8/08/2014 -0.01%L CROS HUF 2 9/17/2014 -0.01%(S) CME ON US0003M INDEX 9/17/2016 -0.01%L FRWD JPY 9/17/2014 -0.01%L FRWD EUR 9/17/2014 -0.01%L FRWD MXP 9/17/2014 -0.01%L CROS GBP 9/17/2014 -0.01%L FRWD EUR 9/17/2014 -0.01%L FRWD JPY 9/17/2014 -0.01%L FRWD AUD 9/17/2014 -0.01%L FRWD EUR 9/17/2014 -0.01%L FRWD EUR 9/17/2014 -0.01%L FRWD MXP 9/17/2014 -0.01%L CROS PLZ 9/17/2014 -0.02%L FRWD MXP 9/17/2014 -0.02%CANADIAN DOLLAR -0.02%Security% of PortfolioL CROS NOK 9/17/2014 -0.02%L CROS NOK 9/17/2014 -0.02%L CROS NOK 9/17/2014 -0.02%L FRWD RUB 8/04/2014 -0.02%L CROS SEK 9/17/2014 -0.02%L FRWD JPY 9/17/2014 -0.02%L CROS PLZ 9/17/2014 -0.02%CME IRS ON STIB3M INDEX 12/19/2023 -0.03%LCH IRS ON SF0006M INDEX 12/19/2023 -0.03%CME IR EUR 2.000 9/17/2021 -0.03%(L) LCH 0.75% IRS USD 10Y 9/17/2024 -0.03%NEW ZEALAND DOLLA -0.04%CD CHINA 1.00 6/20/2019 -0.04%(L) LCH 0.50% IRS USD 7Y 9/17/2021 -0.05%CME IRS ON BP0006M INDEX 2/05/2036 -0.06%MEXICAN PESO -0.06%(S) LCH 3.75% IRS AUD 5Y 9/17/2019 -0.06%CME IRS ON BBSW6M INDEX 12/19/2023 -0.07%IRS ON US0003MINDEX 9/17/2044 -0.08%CME IRS ON EUR006M INDEX 9/17/2024 -0.08%CME IRS ON BP0006M INDEX 9/14/2024 -0.12%(L) LCH 1.75% IRS USD 5YR 9/17/2019 -0.12%CME IRS ON EUR006M INDEX 12/19/2023 -0.23%CME ON US0003M INDEX 9/17/2024 -0.23%CME ON US0003M INDEX 9/17/2019 -0.33%CME ON US0003M INDEX 9/17/2029 -0.67%AST Portfolio Holdings213 of 635

AST Herndon Large-Cap Value PortfolioSecurity% of PortfolioAPPLE INC 3.36%WESTERN DIGITAL CORP 3.08%LOCKHEED MARTIN CORP 3.00%DISCOVER FINANCIAL SERVICES 2.72%MARATHON PETROLEUM CORP 2.70%TJX COMPANIES INC 2.64%AFLAC INC 2.63%CBOE HOLDINGS INC 2.60%MYLAN INC 2.58%MICROSOFT CORP 2.55%CONTINENTAL RESOURCES INC/O 2.50%ALTRIA GROUP INC 2.42%COLGATE-PALMOLIVE CO 2.38%JOY GLOBAL INC 2.37%INTL BUSINESS MACHINES CORP 2.36%APARTMENT INVT & MGMT CO -A 2.30%APACHE CORP 2.29%OASIS PETROLEUM INC 2.28%CONOCOPHILLIPS 2.27%WESTERN UNION CO 2.25%GILEAD SCIENCES INC 2.23%WADDELL & REED FINANCIAL-A 2.22%NEWMARKET CORP 2.22%LYONDELLBASELL INDU-CL A 2.16%MCGRAW HILL FINANCIAL INC 2.15%EXXON MOBIL CORP 2.11%COPA HOLDINGS SA-CLASS A 2.09%CF INDUSTRIES HOLDINGS INC 1.98%BAXTER INTERNATIONAL INC 1.90%UNITED PARCEL SERVICE-CL B 1.88%PHILIP MORRIS INTERNATIONAL 1.79%ROCKWELL COLLINS INC 1.77%SM ENERGY CO 1.75%YUM! BRANDS INC 1.74%EATON VANCE CORP 1.71%ROSS STORES INC 1.68%CAMPBELL SOUP CO 1.65%UNITED THERAPEUTICS CORP 1.42%AMERICAN CAPITAL AGENCY COR 1.32%KELLOGG CO 1.29%CATERPILLAR INC 1.26%AMERISOURCEBERGEN CORP 1.20%COACH INC 1.16%VERIZON COMMUNICATIONS INC 1.09%ENDO INTERNATIONAL PLC 1.08%MOODY'S CORP 1.06%NATIONSTAR MORTGAGE HOLDING 1.03%ACCENTURE PLC-CL A 1.02%AES CORP 0.96%PBF ENERGY INC-CLASS A 0.91%SOUTHWESTERN ENERGY CO 0.89%PRUDENTIAL CORE INVESTMENT < 0.01%AST Portfolio Holdings214 of 635

AST Herndon Large-Cap Value PortfolioSecurity% of PortfolioAPPLE INC 3.36%WESTERN DIGITAL CORP 3.08%LOCKHEED MARTIN CORP 3.00%DISCOVER FINANCIAL SERVICES 2.72%MARATHON PETROLEUM CORP 2.70%TJX COMPANIES INC 2.64%AFLAC INC 2.63%CBOE HOLDINGS INC 2.60%MYLAN INC 2.58%MICROSOFT CORP 2.55%CONTINENTAL RESOURCES INC/O 2.50%ALTRIA GROUP INC 2.42%COLGATE-PALMOLIVE CO 2.38%JOY GLOBAL INC 2.37%INTL BUSINESS MACHINES CORP 2.36%APARTMENT INVT & MGMT CO -A 2.30%APACHE CORP 2.29%OASIS PETROLEUM INC 2.28%CONOCOPHILLIPS 2.27%WESTERN UNION CO 2.25%GILEAD SCIENCES INC 2.23%WADDELL & REED FINANCIAL-A 2.22%NEWMARKET CORP 2.22%LYONDELLBASELL INDU-CL A 2.16%MCGRAW HILL FINANCIAL INC 2.15%EXXON MOBIL CORP 2.11%COPA HOLDINGS SA-CLASS A 2.09%CF INDUSTRIES HOLDINGS INC 1.98%BAXTER INTERNATIONAL INC 1.90%UNITED PARCEL SERVICE-CL B 1.88%PHILIP MORRIS INTERNATIONAL 1.79%ROCKWELL COLLINS INC 1.77%SM ENERGY CO 1.75%YUM! BRANDS INC 1.74%EATON VANCE CORP 1.71%ROSS STORES INC 1.68%CAMPBELL SOUP CO 1.65%UNITED THERAPEUTICS CORP 1.42%AMERICAN CAPITAL AGENCY COR 1.32%KELLOGG CO 1.29%CATERPILLAR INC 1.26%AMERISOURCEBERGEN CORP 1.20%COACH INC 1.16%VERIZON COMMUNICATIONS INC 1.09%ENDO INTERNATIONAL PLC 1.08%MOODY'S CORP 1.06%NATIONSTAR MORTGAGE HOLDING 1.03%ACCENTURE PLC-CL A 1.02%AES CORP 0.96%PBF ENERGY INC-CLASS A 0.91%SOUTHWESTERN ENERGY CO 0.89%PRUDENTIAL CORE INVESTMENT < 0.01%AST Portfolio Holdings215 of 635

AST High Yield PortfolioSecurity% of PortfolioFIRST DATA CORP 8/15/2021 0.67%ARCELORMITTAL 2/25/2022 0.62%CHRYSLER GP/CG C 6/15/2021 0.62%COMMSCOPE HLDNG 6/01/2020 0.60%PRUDENTIAL CORE INVESTMENT 0.59%WPX ENERGY INC 1/15/2022 0.51%HCA INC 5/01/2023 0.49%CHS/COMMUNITY 11/15/2019 0.48%HEXION US/NOVA 11/15/2020 0.47%AES CORP 6/01/2020 0.47%AVAYA INC 3/01/2021 0.46%LEVEL 3 COMM INC 2/01/2019 0.45%ALLY FINANCIAL 3/15/2020 0.42%SPRINT CORP 9/15/2023 0.42%SAMSON INVESTMEN 2/15/2020 0.40%TRANSUNION HOLD 6/15/2018 0.40%WIND ACQ 4/23/2021 0.40%CALPINE CORP 1/15/2023 0.40%EMBARQ CORP 6/01/2036 0.40%REYNOLDS GROUP 8/15/2019 0.38%NORTEL NETWORKS 7/15/2099 0.38%EVERGREEN SKILLS LUX SARL:T 4/30/2022 0.37%FIRST DATA CORP 1/15/2021 0.37%CONVATEC HEALTHC 12/15/2018 0.36%NRG ENERGY INC 5/01/2024 0.36%CCM MERGER INC 5/01/2019 0.34%INTL LEASE FIN 12/15/2020 0.34%DYNEGY INC 6/01/2023 0.33%AMC ENTERTAINMNT 12/01/2020 0.33%REYNOLDS GROUP 10/15/2020 0.33%TENET HEALTHCARE 4/01/2022 0.33%UNITED RENTAL NA 4/15/2022 0.33%H&E EQUIPMENT 9/01/2022 0.31%NEIMAN MARCUS GR 10/15/2021 0.31%CIT GROUP INC 8/15/2022 0.31%INTL WIRE GROUP 10/15/2017 0.30%LAUREATE EDUCATI 9/01/2019 0.30%SPRINT CAP CORP 11/15/2028 0.30%UNIFRAX I LLC/UN 2/15/2019 0.30%BMC SOFTWARE FIN 7/15/2021 0.30%GENON ENERGY 10/15/2020 0.30%BOXER PARENT CO 10/15/2019 0.30%MGM RESORTS 12/15/2021 0.28%ASHTEAD CAPITAL 7/15/2022 0.28%NUMERICABLE 5/15/2022 0.28%DPL INC 10/15/2021 0.28%GRIFFON CORP 3/01/2022 0.28%WCI COMMUNITIES 8/15/2021 0.28%JBS USA LLC/JBS 6/01/2021 0.28%ACMP/ACMP FIN 3/15/2024 0.28%QUEBECOR MEDIA 1/15/2023 0.27%VALEANT PHARMA 10/01/2020 0.27%NRG ENERGY INC 5/15/2021 0.27%DENBURY RESOURCE 5/01/2022 0.27%Security% of PortfolioMTR GAMING GROUP 8/01/2019 0.27%WEST CORP 7/15/2022 0.26%FIRST DATA HLDGS 9/24/2019 0.26%PINNACLE ENTERTA 8/01/2021 0.26%BIOMET INC 8/01/2020 0.26%PENN NATL GAMING 11/01/2021 0.26%WIRECO WORLDGRP 5/15/2017 0.26%BRIGHTSTAR CORP 8/01/2018 0.26%FIRST DATA CORP 1/15/2021 0.25%CEC ENTERTAINMEN 2/15/2022 0.25%KENAN ADVANTAGE 12/15/2018 0.25%SENSATA TECH BV 10/15/2023 0.25%GRAY TELE INC 10/01/2020 0.25%SUGAR HSP GAMING 6/01/2021 0.25%CALPINE CORP 1/15/2023 0.25%TPC GROUP INC 12/15/2020 0.25%LEVEL 3 ESCROW 8/15/2022 0.24%KRONOS INC 5/30/2020 0.24%DISH DBS CORP 6/01/2021 0.24%ADVANCED MICRO D 3/01/2019 0.24%DYCOM INVST 1/15/2021 0.24%MEG ENERGY CORP 3/31/2024 0.24%SIGNODE INDUS GR 5/01/2022 0.24%EILEME 2 AB 1/31/2020 0.24%INTELSAT JACKSON 8/01/2023 0.24%NUANCE COMMUNIC 8/15/2020 0.24%CRIM MERG SUB IN 5/15/2022 0.24%BEAZER HOMES USA 9/15/2021 0.23%CRESTVIEW DS MRG 9/01/2021 0.23%AFFINITY GAMING 5/15/2018 0.23%TEREX CORP 5/15/2021 0.23%CABLEVISION SYS 4/15/2020 0.23%CIT GROUP INC 3/15/2018 0.23%CLEAR CHNL WORLD 11/15/2022 0.23%VPI ESCROW CORP 10/15/2020 0.23%SEADRILL LTD 9/15/2020 0.23%D.R. HORTON 2/15/2023 0.22%POST HOLDINGS IN 12/01/2021 0.22%LANDRY'S INC 5/01/2020 0.22%MIRANT TRUST 6/30/2017 0.22%ILFC E-CAP TRUST 12/21/2065 0.22%TRANSDIGM INC 7/15/2022 0.22%VIK CRUISES LTD 10/15/2022 0.22%SPRINT CORP 6/15/2024 0.22%TMS INTL CORP 10/15/2021 0.22%BOMBARDIER INC 4/15/2019 0.22%SOFTBANK CORP 4/15/2020 0.22%CHEMTURA CORP 7/15/2021 0.22%SMITHFIELD FOODS 8/15/2022 0.22%IGLOO HOLDINGS 12/15/2017 0.22%UNITED RENTAL NA 11/15/2024 0.22%ENERGY FUTURE 3/01/2022 0.21%DARLING INGREDIE 1/15/2022 0.21%GATES GLOBAL LLC 7/15/2022 0.21%AST Portfolio Holdings216 of 635

AST High Yield Portfolio (continued)Security% of PortfolioCCO HOLDINGS LLC 9/01/2023 0.21%US COAT AC/FLASH 5/01/2021 0.21%MIDSTATES PETRO 6/01/2021 0.21%INTELSAT JACKSON 12/15/2022 0.21%BUILDING MAT COR 2/15/2020 0.21%ALCATEL-LUCENT 11/15/2020 0.21%SERVICE CORP 5/15/2024 0.21%BOE MERGER CORP 11/01/2017 0.21%SEQUA CORP 12/15/2017 0.21%NRG ENERGY INC 7/15/2022 0.20%TAYLOR MORRISON 4/15/2020 0.20%JURASSIC HLDINGS 2/15/2021 0.20%SUN MERGER SUB 8/01/2021 0.20%CCO HOLDINGS LLC 1/15/2024 0.20%ROYAL BK SCOTLND 12/15/2022 0.20%SPRINT NEXTEL 11/15/2018 0.20%ALLY FINANCIAL 9/15/2020 0.20%JBS USA LLC/JBS 7/15/2024 0.20%MEMORIAL RESOURC 7/01/2022 0.20%BLACKBOARD INC 11/15/2019 0.20%MGM RESORTS 3/15/2022 0.20%NEWPAGE HOLDINGS INC 0.20%T-MOBILE USA INC 4/28/2021 0.20%COMMERCIAL METAL 5/15/2023 0.20%TELECOM ITALIA 5/30/2024 0.20%SUNGARD DATA 11/01/2019 0.20%POST HOLDINGS IN 2/15/2022 0.20%SPRINT NEXTEL 8/15/2020 0.20%WYNN MACAU LTD 10/15/2021 0.20%CLEAN HARBORS IN 8/01/2020 0.20%SPRINT CAP CORP 5/01/2019 0.19%HEALTHSOUTH CORP 10/01/2018 0.19%BLUELINE RENTAL 2/01/2019 0.19%TAMINCO GLOBAL 3/31/2020 0.19%SPRINGLEAF FIN 6/01/2020 0.19%BERRY PLASTICS 1/15/2021 0.19%SOPHIA LP/FIN 1/15/2019 0.19%SINCLAIR TELE 10/01/2022 0.19%INTERGEN NV 6/30/2023 0.19%BRAND ENERGY & I 12/01/2021 0.19%CALPINE CORP 1/15/2025 0.19%ISLE OF CAPRI 3/15/2019 0.19%DUFRY FINANCE 10/15/2020 0.19%ATHLON HLDS LP / 4/15/2021 0.19%FIRST QUANTUM 2/15/2021 0.19%TARGA RES PRTNRS 2/01/2021 0.19%CGG SA 1/15/2022 0.19%SBA COMMUNICATIO 7/15/2022 0.19%AVIS BUDGET CAR 6/01/2022 0.19%TRANSDIGM INC 7/15/2024 0.19%NEW GOLD INC 4/15/2020 0.19%WELLS FARGO CO 6/15/2044 0.18%SUPERVALU INC 3/21/2019 0.18%PETROLOGISTICS 4/01/2020 0.18%Security% of PortfolioBONANZA CREEK EN 4/15/2021 0.18%SENIOR HOUSING 12/15/2021 0.18%JBS USA LLC/JBS 6/01/2021 0.18%CAESARS ENT RES 10/01/2020 0.18%CINEMARK USA 12/15/2022 0.18%CLAIRE'S STORES 3/15/2019 0.18%HJ HEINZ CO 10/15/2020 0.18%INTELSAT JACKSON 10/15/2020 0.18%AES CORP 3/15/2024 0.17%CDW LLC/CDW FIN 4/01/2019 0.17%HILTON WORLDWIDE 10/15/2021 0.17%XL GROUP LTD 0.17%ACADIA HEALTH 11/01/2018 0.17%WP MUSTANG HOLDINGS LLC 5/29/2022 0.17%CIT GROUP INC 2/15/2019 0.17%PANTRY INC 8/01/2020 0.17%VECTOR GROUP LTD 2/15/2021 0.17%CLEAR CHANNEL COMM (BL) 1/30/2019 0.17%TEXAS COMETITIVE (BL) 10/10/2014 0.17%CCO HOLDINGS LLC 4/30/2021 0.17%TEXAS COMETITIVE (BL) 10/10/2017 0.17%CASE NEW HOLLAND 12/01/2017 0.17%CEQUEL COM & CAP 12/15/2021 0.16%GENERAL MOTORS 10/02/2023 0.16%NRG ENERGY INC 3/15/2023 0.16%TOPS HLDG/MKTS 12/15/2017 0.16%PF CHANGS CHINA 6/30/2020 0.16%CENTURYLINK INC 3/15/2022 0.16%LIBERTY MEDIA 2/01/2030 0.16%WESTERN REFINING 4/01/2021 0.16%CARLSON WAGONLIT 6/15/2019 0.16%CEMEX FINANCE 10/12/2022 0.16%COMPRESSCO PARTN 8/15/2022 0.16%CAPSUGEL SA 5/15/2019 0.16%SUBURBAN PROPANE 6/01/2024 0.16%REYNOLDS GROUP 8/15/2019 0.16%SELECT MEDICAL 6/01/2021 0.16%CROWN CASTLE INT 1/15/2023 0.16%CEMEX SAB 1/15/2021 0.15%SYNIVERSE HOLDIN 1/15/2019 0.15%CAPELLA HEALTHCA 7/01/2017 0.15%RNTCH NIT PTR/FI 4/15/2021 0.15%RELIANT ENER MID 7/02/2026 0.15%GOLDEN NUGGET ES 12/01/2021 0.15%JONES ENERGY HLD 4/01/2022 0.15%GARDNER DENVER 8/15/2021 0.15%ADS WASTE HLDGS 10/01/2020 0.15%FIRST DATA CORP 1/15/2021 0.15%VIDEOTRON LTD 7/15/2022 0.15%TENET HEALTHCARE 3/01/2019 0.15%NAVIOS MARITIME 1/15/2022 0.15%AUDATEX NORTH AM 11/01/2023 0.15%ATHLON HLDS LP / 5/01/2022 0.15%KINDER MORGAN 11/15/2023 0.15%AST Portfolio Holdings217 of 635

AST High Yield Portfolio (continued)Security% of PortfolioWINDSTREAM CORP 8/01/2023 0.15%LIFEPOINT HOSPIT 12/01/2021 0.15%INTELSAT LUXEMB 6/01/2021 0.15%T-MOBILE USA INC 4/28/2022 0.15%UNIT CORP 5/15/2021 0.15%ICAHN ENTER/FIN 2/01/2022 0.15%NARA CABLE FUNDI 12/01/2018 0.14%EVEREST ACQ LLC 5/01/2020 0.14%MEG ENERGY CORP 3/15/2021 0.14%HALCON RESOURCES 2/15/2022 0.14%BROOKFIELD RESID 7/01/2022 0.14%ELDORADO CORP 12/15/2020 0.14%PINNACLE FOODS 4/29/2020 0.14%ENERGY XXI GULF 3/15/2024 0.14%TRONOX FINANCE 8/15/2020 0.14%TENET HEALTHCARE 2/01/2020 0.14%JC PENNEY CORP INC (BL) 5/22/2018 0.14%KB HOME 9/15/2022 0.14%CHS/COMMUNITY 7/15/2020 0.14%NXP BV/NXP FUNDI 2/15/2021 0.14%LEVEL 3 FIN INC 7/15/2020 0.14%DIGICEL GROUP 9/30/2020 0.14%ANCESTRY.COM INC 10/15/2018 0.14%CERIDIAN HCM 3/15/2021 0.14%HEARTHSIDE GROUP 5/01/2022 0.13%RES-CARE INC 1/15/2019 0.13%TULLOW OIL PLC 11/01/2020 0.13%OCEAN RIG UDW 4/01/2019 0.13%UNITED RENTAL NA 9/15/2020 0.13%RANGE RESOURCES 6/01/2021 0.13%PEABODY ENERGY 11/15/2021 0.13%AVIV HEALTHCARE 2/15/2019 0.13%HOT TOPIC 6/15/2021 0.13%FERRELLGAS LP 1/15/2022 0.13%TITAN INTL INC 10/01/2020 0.13%AMER AXLE & MFG 3/15/2021 0.13%BOYD GAMING CORP 12/01/2018 0.13%REYNOLDS GROUP 4/15/2019 0.13%MICHAELS FINCO H 8/01/2018 0.13%CLEAR CHNL WORLD 11/15/2022 0.13%CEMEX ESPANA LUX 4/30/2019 0.13%L BRANDS INC 10/15/2023 0.13%CONVATEC FIN 1/15/2019 0.13%BEV PCK HD LU/IN 6/15/2017 0.13%GRIFOLS WRLDWDE 4/01/2022 0.13%CIT GROUP INC 5/15/2020 0.13%MGM RESORTS 11/01/2016 0.13%CEMEX ESPANA LUX 5/12/2020 0.13%UNIVISION COMM 9/15/2022 0.13%DEL MONTE CORP 2/15/2019 0.13%SM ENERGY CO 11/15/2021 0.13%BOYD GAMING CORP 7/01/2020 0.13%MARKWEST ENERGY 11/01/2020 0.13%NATL MENTOR HLDG 2/15/2018 0.13%Security% of PortfolioCHRYSLER 12/31/2018 0.13%ARDAGH PKG FIN 1/31/2021 0.13%PRECISION DRILL 12/15/2021 0.13%STANDRD PAC CORP 1/15/2021 0.13%ANTERO RESOURCES 12/01/2022 0.13%CLEAR CHANNEL 7/30/2019 0.13%ROYAL BK SCOTLND 6/10/2023 0.13%SUN MERGER SUB 8/01/2018 0.13%WINDSTREAM CORP 4/01/2023 0.13%BANK OF AMER CRP 6/17/2019 0.13%VULCAN MATERIALS 6/15/2021 0.13%CLEAR CHNL WORLD 3/15/2020 0.12%CHESAPEAKE ENRGY 4/15/2022 0.12%ACADEMY LTD 8/01/2019 0.12%BRIGHTSTAR CORP 12/01/2016 0.12%SABINE PASS LIQU 4/15/2023 0.12%ULTRA PETROLEUM 12/15/2018 0.12%MALLINCKRODT INT 4/15/2023 0.12%ZAYO GROUP LLC 7/01/2020 0.12%SANCHEZ ENERGY 1/15/2023 0.12%CONCHO RES/MIDLA 1/15/2022 0.12%CHS/COMMUNITY 2/01/2022 0.12%EXOPACK HLDS SA 11/01/2019 0.12%LEVEL 3 FIN INC 1/15/2021 0.12%CAESARS ENT OPER 6/01/2017 0.12%AMSURG ESCROW 7/15/2022 0.12%ENDO FINANCE 1/15/2022 0.12%ALLIANT TECHSYS 10/01/2021 0.12%CENTENE CORP 5/15/2022 0.12%BELDEN INC 9/01/2022 0.12%NEWFIELD EXPLOR 1/30/2022 0.12%GLP CAP/FIN II 11/01/2020 0.12%FIRST QUAL FIN C 5/15/2021 0.12%RR DONNELLEY 4/01/2024 0.12%TARGA RES PRTNRS 8/01/2022 0.12%BRISTOW GROUP IN 10/15/2022 0.12%PIONEER ENERGY S 3/15/2022 0.12%DELTA AIRLINES INC(BL) 10/18/2018 0.12%NEW GOLD INC 11/15/2022 0.12%ILFC E-CAP TRUST 12/21/2065 0.12%QEP RESOURCES 3/01/2021 0.11%WESTMORELAND CO 2/01/2018 0.11%FREESCALE SEMICO 1/15/2022 0.11%GMAC LLC 11/01/2031 0.11%CONSOL ENERGY 4/15/2022 0.11%CLAIRE'S STORES 3/15/2019 0.11%RITE AID CORP. 6/21/2021 0.11%HCA HOLDINGS INC 2/15/2021 0.11%REXEL 12/15/2019 0.11%REYNOLDS GROUP 2/15/2021 0.11%FIRST QUANTUM 5/15/2022 0.11%SUN PRODUCTS COR 3/15/2021 0.11%INMARSAT FINANCE 5/15/2022 0.11%EMDEON INC 12/31/2019 0.11%AST Portfolio Holdings218 of 635

AST High Yield Portfolio (continued)Security% of PortfolioINGLES MKTS INC 6/15/2023 0.11%BLUEWATER HOLD 12/10/2019 0.11%TENET HEALTHCARE 10/01/2021 0.11%CCO HOLDINGS LLC 3/15/2021 0.11%MCGRAW-HILL GLBL 4/01/2021 0.11%TUTOR PERINI CRP 11/01/2018 0.11%EAGLE SPINCO INC 2/15/2021 0.11%AXIALL CORP 5/15/2023 0.11%REGENCY ENERGY 7/15/2021 0.11%PHI INC 3/15/2019 0.11%DENALI BORROW LL 10/15/2020 0.11%LIBERTY MUTUAL 3/15/2037 0.11%B&G FOODS INC 6/01/2021 0.11%ALLY FINANCIAL 0.11%HORNBECK OFF 4/01/2020 0.11%MEDASSETS INC 11/15/2018 0.11%CONSTELLATION BR 5/01/2023 0.11%HEXION US FIN 4/15/2020 0.11%SUNGARD AVAIL 4/01/2022 0.10%BANK OF AMER CRP 1/30/2018 0.10%ULTRAPETROL 6/15/2021 0.10%ARDAGH PKG FIN 10/15/2020 0.10%SEALED AIR CORP 9/15/2021 0.10%INTELSAT JACKSON 4/01/2021 0.10%FIELDWOOD ENERGY (BL) 9/30/2020 0.10%BEAZER HOMES USA 6/15/2019 0.10%CORELOGIC INC 6/01/2021 0.10%CNG HOLDINGS INC 5/15/2020 0.10%FIRST DATA CORP 6/15/2021 0.10%HCA INC 3/15/2022 0.10%POLYONE CORP 3/15/2023 0.10%LMI AERO INC 7/15/2019 0.10%AEP INDUSTRIES 4/15/2019 0.10%ISLE OF CAPRI 6/15/2020 0.10%ARCELORMITTAL 6/01/2019 0.10%MPH ACQUISITION 4/01/2022 0.10%DELL, INC. 4/29/2020 0.10%K HOVNANIAN ENTR 10/15/2020 0.10%ANCESTRY.COM INC 12/15/2020 0.10%JAGUAR LAND ROVR 12/15/2018 0.10%AERCAP IRELAND C 5/15/2021 0.10%SPRINT NEXTEL 12/01/2016 0.10%RADIO ONE (BL) 3/31/2016 0.10%SPRINT CAP CORP 3/15/2032 0.10%CONTL AIRLINES 4/01/2021 0.10%CALPINE CORP 1/15/2022 0.10%AMER AXLE & MFG 10/15/2022 0.10%IASIS HEALTHCARE 5/15/2019 0.10%FRONTIER COMM 4/15/2020 0.10%RSC EQUIP RENTAL 2/01/2021 0.10%VTR FIN BV 1/15/2024 0.09%UNITED SURGICAL 4/01/2020 0.09%GOODYEAR TIRE 5/15/2022 0.09%CDX NA.HY.19.V1 5.00% 12/20/2017 0.09%Security% of PortfolioAVAYA INC 4/01/2019 0.09%ANTERO RESOURCES 12/01/2020 0.09%STONE ENERGY 11/15/2022 0.09%UNIVISION COMMUNICATIONS IN 3/01/2020 0.09%EP ENER/EVEREST 9/01/2022 0.09%UNIVISION COMM 5/15/2021 0.09%ALTICE 5/15/2022 0.09%VALEANT PHARMA 12/01/2018 0.09%WELLS FARGO CO 3/15/2018 0.09%UNITED RENTAL NA 5/15/2020 0.09%BOMBARDIER INC 1/15/2023 0.09%INFOR SOFTWARE 5/01/2021 0.09%MASONITE INTL 4/15/2021 0.09%CBS OUT AMER CAP 2/15/2024 0.09%FMG RES 2/01/2018 0.09%MILACRON/MCRON 2/15/2021 0.09%NATIONAL CINEMED 4/15/2022 0.09%COLUMBIA/HCA 11/15/2015 0.09%ADT CORP 6/15/2023 0.09%BHP-CALL 8/15/2018 0.09%CHESAPEAKE ENRGY 2/15/2021 0.09%DANA HOLDING 2/15/2021 0.09%GOODMAN NETWORK 7/01/2018 0.09%FREESCALE SEMICO 2/01/2020 0.09%DUPONT FABROS TE 9/15/2021 0.09%ROSETTA RESOURCE 5/01/2021 0.09%SPX CORP 9/01/2017 0.09%T-MOBILE USA INC 4/28/2023 0.09%HCA INC 3/15/2024 0.09%REYNOLDS GROUP 5/15/2018 0.09%GREIF INC 2/01/2017 0.09%REGENCY ENERGY 4/15/2023 0.09%KAISER ALUMINUM 6/01/2020 0.09%PARKER DRILLING 8/01/2020 0.09%PITNEY BOWES INT 0.09%BOE INTERM HLD 11/01/2017 0.09%DENBURY RESOURCE 8/15/2021 0.08%TENET HEALTHCARE 4/01/2021 0.08%SEMINOLE INC/LLC 5/15/2021 0.08%CLAIRE'S STORES 3/15/2020 0.08%FIRST DATA CORP 11/01/2020 0.08%ESTERLINE TECH 8/01/2020 0.08%MERITOR INC 2/15/2024 0.08%ALLISON TRANS 5/15/2019 0.08%GANNETT CO 10/15/2023 0.08%HCA INC 2/15/2022 0.08%ROCKIES EXPRESS 4/15/2020 0.08%FRONTIER COMM 7/01/2021 0.08%MGM MIRAGE 1/15/2017 0.08%TARGA RES PRTNRS 10/15/2018 0.08%CARMIKE CINEMAS 5/15/2019 0.08%KEY ENERGY SERV 3/01/2021 0.08%METROPCS WIRELES 11/15/2020 0.08%FRESENIUS MED 7/31/2019 0.08%AST Portfolio Holdings219 of 635

AST High Yield Portfolio (continued)Security% of PortfolioCOVANTA HOLDING 10/01/2022 0.08%ARAMARK SERV INC 3/15/2020 0.08%ARCELORMITTAL 2/25/2017 0.08%GEN CABLE CORP 10/01/2022 0.08%SIRIUS XM RADIO 8/01/2021 0.08%VALEANT PHARMA 12/01/2021 0.08%FMG RES 4/01/2017 0.08%ACMP/ACMP FIN 7/15/2022 0.08%CENTURY TEL ENTP 1/15/2028 0.08%VIRGIN MEDIA SEC 4/15/2021 0.08%SPRINT NEXTEL 11/15/2022 0.08%TOYS R US PROP C 12/01/2017 0.08%COMSTOCK RES INC 6/15/2020 0.08%BOMBARDIER INC 10/15/2022 0.08%MGM RESORTS 10/01/2020 0.08%APERAM 4/01/2018 0.08%EACCESS LTD 4/01/2018 0.08%IRON MOUNTAIN 8/15/2023 0.08%PLASTIPAK HLDGS 10/01/2021 0.08%SMURFIT KAPPA AQ 9/15/2018 0.08%SEALED AIR CORP 12/01/2020 0.08%FRONTIER COMM 1/15/2023 0.08%HALCON RESOURCES 7/15/2020 0.08%UPCB FINANCE V 11/15/2021 0.08%GREIF INC 8/01/2019 0.08%ACTIVISION BLIZZ 9/15/2021 0.08%SEA TRUCKS GROUP 3/26/2018 0.08%NRG ENERGY INC 9/01/2020 0.08%NATL FINANCIAL 7/15/2021 0.08%MASCO CORP 3/15/2022 0.08%ADT CORP 10/15/2021 0.08%MERITOR INC 6/15/2021 0.08%SABRA HLTH CARE 2/01/2021 0.08%PEABODY ENERGY 11/15/2018 0.08%STANDRD PAC CORP 5/15/2018 0.08%ROC FINANCE LLC 6/20/2019 0.07%VANDER INTERMED 2/01/2019 0.07%TRINIDAD DRILL 1/15/2019 0.07%WPX ENERGY INC 1/15/2017 0.07%GENERAL MOTORS 10/02/2018 0.07%SERVICE CORP 11/15/2020 0.07%ROCKWOOD SPECIAL 10/15/2020 0.07%SANCHEZ ENERGY 6/15/2021 0.07%TEREX CORP 4/01/2020 0.07%MODULAR SPACE 1/31/2019 0.07%AVAYA INC (BL) 10/26/2017 0.07%GARDA WORLD SECU 11/15/2021 0.07%SABRA HLTH CARE 6/01/2023 0.07%TREEHOUSE FOODS 3/15/2022 0.07%W & T OFFSHORE 6/15/2019 0.07%GRAFTECH INTL 11/15/2020 0.07%SEVENTY SEVEN 7/15/2022 0.07%ENERGY TRANS 1/15/2024 0.07%RADIO SYSTEMS CO 11/01/2019 0.07%Security% of PortfolioCATLIN INSURANCE 1/19/2017 0.07%KB HOME 12/15/2021 0.07%SYNIVERSE HOLDINGS (BL) 4/23/2019 0.07%LIVE NATION ENT 6/15/2022 0.07%BIOMET INC 10/01/2020 0.07%M/I HOMES INC 11/15/2018 0.07%HERCULES OFFSHOR 10/01/2021 0.07%CEDAR FAIR LP/CA 6/01/2024 0.07%HOLOGIC INC 8/01/2020 0.07%ACE CASH EXPRESS 2/01/2019 0.07%GLOB PART/GLP FI 7/15/2022 0.07%KINDER MORGAN 2/15/2021 0.07%SITEL LLC 4/01/2018 0.07%STUDIO CITY FIN 12/01/2020 0.07%HARLAND CLARKE 8/01/2018 0.07%ROSETTA RESOURCE 6/01/2022 0.07%CRESTWOOD MIDSTR 12/15/2020 0.07%CATAMARAN CORP 3/15/2021 0.07%CHRYSLER GP/CG C 6/15/2019 0.07%MALLINCKRODT FIN 8/01/2022 0.07%ARCELORMITTAL 0.07%NES RENTALS HLDG 5/01/2018 0.07%HILCORP ENERGY I 4/15/2021 0.07%STATION CASINOS 3/01/2021 0.07%DIAMONDBACK ENER 10/01/2021 0.07%CONTL AIRLINES 7/02/2018 0.07%BUMBLE BEE ACQ 12/15/2017 0.07%CASELLA WASTE 2/15/2019 0.07%PVH CORP 12/15/2022 0.07%WINDSTREAM CORP 10/15/2020 0.07%T-MOBILE USA INC 4/01/2023 0.07%BANK OF AMER CRP 12/29/2049 0.07%CIT GROUP INC 5/15/2017 0.07%CLEAR CHNL WORLD 3/15/2020 0.07%UNITED RENTAL NA 6/15/2023 0.07%US WEST CAP FDG 2/15/2031 0.07%TES LOG LP/CORP 10/01/2020 0.07%ASHLAND INC 8/15/2022 0.07%AK STEEL CORP 5/15/2020 0.06%AIRCASTLE LTD 4/15/2020 0.06%KINDRED HEALTHCA 4/15/2022 0.06%SINCLAIR TELE 4/01/2021 0.06%CCO HOLDINGS LLC 4/30/2020 0.06%NCR CORP 12/15/2021 0.06%HUNTSMAN INT LLC 11/15/2020 0.06%NOVELIS INC 12/15/2020 0.06%ARDAGH PKG FIN 1/31/2019 0.06%NEWFIELD EXPLOR 7/01/2024 0.06%RANGE RESOURCES 8/01/2020 0.06%MOOD MEDIA CORP 10/15/2020 0.06%HECLA MINING CO 5/01/2021 0.06%ENVISION HEALTH 7/01/2022 0.06%T-MOBILE USA INC 4/01/2021 0.06%EXCO RESOURCES 4/15/2022 0.06%AST Portfolio Holdings220 of 635

AST High Yield Portfolio (continued)Security% of PortfolioPITTSBURGH GLASS 11/15/2018 0.06%AVIS BUDGET CAR 4/01/2023 0.06%LENNAR CORP 6/01/2017 0.06%SABINE PASS LIQU 2/01/2021 0.06%FERRELLGAS LP 5/01/2021 0.06%CAESARS ENT OPER 2/15/2020 0.06%VIDEOTRON LTD 6/15/2024 0.06%INTELSAT LUXEMB 6/01/2023 0.06%SEALED AIR CORP 4/01/2023 0.06%QEP RESOURCES 10/01/2022 0.06%COEUR D'ALENE 2/01/2021 0.06%AMC ENTERTAINMNT 2/15/2022 0.06%GIBSON BRANDS IN 8/01/2018 0.06%US WEST COMM 9/15/2025 0.06%ONEX USI AC 1/15/2021 0.06%HERTZ CORP 10/15/2020 0.06%WIND ACQ 7/15/2020 0.06%AK STEEL CORP 12/01/2018 0.06%NAI ENTERTAINMNT 8/01/2018 0.06%CSC HOLDINGS LLC 11/15/2021 0.06%NUMERICABLE 5/15/2024 0.06%MPT OP PTNR/FINL 5/01/2024 0.06%CONTL AIRLINES 4/29/2018 0.06%HARDWOODS ACQ 8/01/2021 0.06%DUPONT PERFORMANCE (AXALTA) 2/01/2020 0.06%EP ENER/EVEREST 5/01/2019 0.06%VISANT CORP 10/01/2017 0.06%CIT GROUP INC 4/01/2018 0.06%FIRST DATA CORP 9/24/2018 0.06%VALEANT PHARMA 7/15/2021 0.06%CERIDIAN/COMDATA 11/15/2017 0.06%LAREDO PETROLEUM 1/15/2022 0.06%WTG HOLDINGS III CORP (BL) 1/15/2022 0.06%HCA INC 10/01/2018 0.06%CARDTRONICS INC 8/01/2022 0.06%UNITYMEDIA 1/21/2023 0.05%RANGE RESOURCES 3/15/2023 0.05%OASIS PETROLEUM 3/15/2022 0.05%CENVEO CORP 8/01/2019 0.05%LAFARGE SA 7/15/2036 0.05%CST BRANDS 5/01/2023 0.05%MERITAGE HOMES 4/01/2022 0.05%T-MOBILE USA INC 1/15/2022 0.05%AMC NETWORKS INC 7/15/2021 0.05%QEP RESOURCES 5/01/2023 0.05%VALEANT PHARMA 8/15/2018 0.05%HERTZ CORP 1/15/2021 0.05%ROUNDY'S SUPER 12/15/2020 0.05%NFR ENERGY (BL) 12/31/2018 0.05%TARGA RES PRTNRS 11/15/2023 0.05%ONO FINANCE II 7/15/2019 0.05%BE AEROSPACE 4/01/2022 0.05%CEMEX SAB 3/25/2019 0.05%UAL 2009-2A 1/15/2017 0.05%Security% of PortfolioDAVITA HEALTHCAR 7/15/2024 0.05%SITV LLC/SITV FI 7/01/2019 0.05%NII CAPITAL CORP 4/01/2021 0.05%TENET HEALTHCARE 11/01/2018 0.05%MCE FINANCE LTD 2/15/2021 0.05%K HOVNANIAN ENTR 10/15/2015 0.05%GOLDMAN SACHS GP 0.05%BC MOUNTAIN LLC 2/01/2021 0.05%PRECISION DRILL 11/15/2020 0.05%MURPHY OIL USA 8/15/2023 0.05%COLUMBUS MCKINN 2/01/2019 0.05%CHESAP OIL OP/FN 11/15/2019 0.05%FIRST QUANTUM 2/15/2020 0.05%PRECISION DRILL 11/15/2024 0.05%LEAR CORP 3/15/2020 0.05%FELCOR LODGING 3/01/2023 0.05%TASEKO MINES LTD 4/15/2019 0.05%VWR FUNDING INC 9/15/2017 0.05%INVENTIV HEALTH 8/15/2018 0.05%GOLDMAN SACHS GP 5/10/2019 0.05%CGG 6/01/2021 0.05%TAYLOR MORRISON 3/01/2024 0.05%LIN TELEVISION 4/15/2018 0.05%DYNEGY INC 0.05%LIBERTY MUTUAL 6/15/2058 0.05%BARCLAYS BK PLC 11/21/2022 0.05%GENESIS ENERGY 2/15/2021 0.05%JEFFERIES FIN LL 4/15/2022 0.05%CLEAR CHANNEL 12/15/2019 0.05%ALCOA INC 2/23/2019 0.05%CTR PARTNERSHIP 6/01/2021 0.05%ARCELORMITTAL 10/15/2039 0.05%WACHOVIA CAP III 3/15/2042 0.05%DELTA AIR 2012-1 5/07/2019 0.05%ALCATEL-LUCENT 7/01/2017 0.05%RITE AID CORP 6/15/2021 0.05%NATIONSTAR MORT/ 7/01/2021 0.05%ALCATEL-LUCENT (BL) 1/30/2019 0.05%REYNOLDS GROUP 2/15/2021 0.05%ALERE INC 6/15/2020 0.05%LIMITED BRANDS 2/15/2022 0.05%SIRIUS XM RADIO 7/15/2024 0.05%NEUBERGER BERMAN 3/15/2020 0.05%TRANSDIGM INC 7/15/2021 0.05%SM ENERGY CO 2/15/2019 0.05%TENET HEALTHCARE 10/01/2020 0.05%RAYONIER AM PROD 6/01/2024 0.05%CATALENT PHARMA 10/15/2018 0.05%ATLAS PIPELINE 8/01/2023 0.05%VIASYSTEMS INC 5/01/2019 0.05%CITGO PETROLEUM 8/15/2022 0.05%HARTFORD FINL 6/15/2038 0.05%QUAD/GRAPHICS 5/01/2022 0.05%PINNACLE ENTMNT 4/01/2022 0.05%AST Portfolio Holdings221 of 635

AST High Yield Portfolio (continued)Security% of PortfolioENERGY TRANSFER 10/15/2020 0.05%WALTER INVESTMEN 12/15/2021 0.05%LUCENT TECH 3/15/2029 0.05%ENTERCOM RADIO 12/01/2019 0.05%NII INTL TELECOM 8/15/2019 0.05%NRG ENERGY INC 1/15/2018 0.05%MONTELL FIN BV 3/15/2027 0.05%ASHLAND INC 3/15/2016 0.05%CINC BELL INC 3/15/2018 0.05%ROYAL BK SCOTLND 3/16/2022 0.05%CHESAPEAKE ENRGY 6/15/2021 0.05%ARDAGH PKG FIN 6/30/2021 0.05%POLYONE CORP 9/15/2020 0.05%TALOS PRODUCTION 2/15/2018 0.05%CENVEO CORP 9/15/2022 0.05%SANDRIDGE ENERGY 3/15/2021 0.05%REVLON CONS PROD 2/15/2021 0.05%CITIGROUP INC 1/30/2049 0.05%REGENCY ENERGY 3/01/2022 0.04%FRESENIUS MED 2/15/2021 0.04%RAIN CII CARBON 1/15/2021 0.04%GETTY IMAGES INC 10/15/2020 0.04%TELESAT CANADA/L 5/15/2017 0.04%NAVIOS SA LOGIST 5/01/2022 0.04%CRSTWD PART/FIN 3/01/2022 0.04%JB POINDEXTER 4/01/2022 0.04%HD SUPPLY INC 7/15/2020 0.04%SM ENERGY CO 1/15/2024 0.04%PEABODY ENERGY 9/15/2020 0.04%US AIR 2012-2B 6/03/2021 0.04%ALCOA INC 4/15/2021 0.04%NETFLIX INC 2/01/2021 0.04%ALCOA INC 2/01/2027 0.04%HERCULES OFFSHOR 4/01/2019 0.04%VIKCRU-CALL 8/15/2018 0.04%CASCADES INC 7/15/2022 0.04%NOKIA OYJ 5/15/2019 0.04%FMG RES 11/01/2019 0.04%LEVEL 3 FIN INC 7/01/2019 0.04%HILCORP ENERGY I 2/15/2020 0.04%ALTICE FINANCING SA 7/02/2019 0.04%SHELF DRL HOLD 11/01/2018 0.04%CCO HOLDINGS LLC 9/30/2022 0.04%A-S CO-ISS SUB I 12/15/2020 0.04%UPCB FIN III 7/01/2020 0.04%PETROLEUM GEO 12/15/2018 0.04%CB RICHARD ELLIS 10/15/2020 0.04%SEADRILL LTD 10/05/2015 0.04%RIDGEBURY CRUDE 3/20/2017 0.04%REYNOLDS GROUP 4/15/2019 0.04%CHS/COMMUNITY 8/15/2018 0.04%BEV PCK HD LU/IN 12/15/2016 0.04%FIRST DATA CORP 1/15/2022 0.04%DENBURY RESOURCE 7/15/2023 0.04%Security% of PortfolioASHLAND INC 4/15/2018 0.04%ALCOA INC 8/15/2020 0.04%ACADIA HEALTH 3/15/2021 0.04%CLAIRE'S STORES 6/01/2020 0.04%AURICO GOLD INC 4/01/2020 0.04%AVAGO TECHNOLOGIES LTD 5/06/2021 0.04%SHINGLE SPRINGS TRIBAL GAMI 8/29/2019 0.04%NUFARM AUS LTD 10/15/2019 0.04%ROCKIES EXPRESS 4/15/2015 0.04%FRESENIUS MED 9/15/2018 0.04%SABINE PASS LIQU 5/15/2024 0.04%AGUILA 3 SA 1/31/2018 0.04%NII INTL TELECOM 8/15/2019 0.04%PARKER DRILLING 7/15/2022 0.04%NIELSEN FINANCE 4/15/2022 0.04%BOMBARDIER INC 3/15/2018 0.04%FREESCALE SEMICONDUCTOR INC 2/28/2020 0.04%SITEL LLC 8/01/2017 0.04%SERTA SIMMONS 10/01/2020 0.04%AVAYA INC 3/31/2018 0.04%MUSTANG MERGER 8/15/2021 0.04%BEAZER HOMES USA 2/01/2023 0.04%TENNECO INC 12/15/2020 0.04%RCN TELE SER/CAP 8/15/2020 0.04%RADIO ONE INC 2/15/2020 0.04%HCA INC 3/15/2019 0.04%FIDLTY & GURNTY 4/01/2021 0.04%AMERICAN CASINO & ENTERTAIN 7/03/2019 0.04%AERCAP IRELAND C 5/15/2019 0.04%SENECA GAMING 12/01/2018 0.04%HD SUPPLY INC 4/15/2019 0.04%MEG ENERGY CORP 1/30/2023 0.04%STEEL DYNAMICS 3/15/2020 0.04%GENESIS ENERGY L 6/15/2024 0.04%ADVANCED MICRO 7/01/2024 0.04%CDX NA.HY.19.V1 5.00% 12/20/2017 0.04%CATALENT PHARMA SOLUTIONS I 12/31/2017 0.04%SPECTRUM BRANDS 11/15/2022 0.04%CCM MERGER INC. (BL) 3/01/2017 0.04%FORMULA ONE GROUP 7/29/2022 0.04%RYERSON INC/JOE 10/15/2017 0.04%GUITAR CENTER 4/15/2019 0.04%BERRY PLASTICS 5/15/2022 0.04%TARGA RES PRTNRS 5/01/2023 0.04%CHS/COMMUNITY 8/01/2021 0.04%FREESCALE SEMICO 5/15/2021 0.04%CHUKCHANSI ECO 5/30/2020 0.03%INTL LEASE FIN 4/15/2021 0.03%CEQUEL COM & CAP 9/15/2020 0.03%WMG ACQUISITION 4/15/2022 0.03%SEMGROUP CORP 6/15/2021 0.03%TELEFLEX INC 6/15/2024 0.03%SANMINA CORP 6/01/2019 0.03%CHURCHILL DOWNS 12/15/2021 0.03%AST Portfolio Holdings222 of 635

AST High Yield Portfolio (continued)Security% of PortfolioK HOVNANIAN ENTR 11/15/2020 0.03%US CONCRETE 12/01/2018 0.03%CSC HOLDINGS LLC 2/15/2019 0.03%CROWN CASTLE INTL CORP 4/15/2022 0.03%SHEARERS FOODS 11/01/2019 0.03%ARDAGH PKG FIN 11/15/2020 0.03%ALUM CO AMERICA 1/15/2028 0.03%SWIFT ENERGY CO 3/01/2022 0.03%THE GO DADDY GROUP INC 5/01/2021 0.03%SINCLAIR TELE 8/01/2024 0.03%NEXSTAR BROADC 11/15/2020 0.03%ALERIS INTL 11/01/2020 0.03%ACADIA HEALTH 7/01/2022 0.03%NGL ENRGY PART/F 10/15/2021 0.03%MGM RESORTS 2/01/2019 0.03%JAGUAR LAND ROVR 2/01/2023 0.03%PRESTIGE BRANDS 12/15/2021 0.03%CLEARWATER PAPER 2/01/2025 0.03%NETFLIX INC 3/01/2024 0.03%HEXION US/NOVA 2/01/2018 0.03%SALIX PHARMACEUT 1/15/2021 0.03%RAIN CII CARBON 12/01/2018 0.03%FLOATEL (BL) 5/20/2020 0.03%HEADWATERS INC 1/15/2019 0.03%ACTIVISION BLIZZ 9/15/2023 0.03%BARMINCO FIN PTY 6/01/2018 0.03%STALLION OIL HLD (BL) TL 6/11/2018 0.03%AUDATEX NORTH AM 6/15/2021 0.03%SPRINGLEAF FIN 10/01/2023 0.03%SPRINGS INDS 6/01/2021 0.03%CALPINE CORP 1/15/2024 0.03%RJS POWER HOLDIN 7/15/2019 0.03%KODIAK OIL 1/15/2021 0.03%ALTICE FINANCING 1/15/2022 0.03%ATTACHMATE CORP BL 11/22/2017 0.03%PRINCE MINERAL 12/15/2019 0.03%SABINE OIL & GAS 2/15/2017 0.03%SABINE PASS LIQU 3/15/2022 0.03%HILCORP ENERGY I 12/01/2024 0.03%ARCH COAL INC 6/15/2019 0.03%ARDAGH PKG FIN 10/15/2020 0.03%JM HUBER CORP 11/01/2019 0.03%SHELF DRILLING MIDCO TL 10/08/2018 0.03%INEOS GROUP HOLD 8/15/2018 0.03%STATION CASINOS 3/02/2020 0.03%DREAMWORKS ANIMA 8/15/2020 0.03%HUBBARD RADIO LLC (BL) 4/29/2019 0.03%DISH DBS CORP 5/01/2020 0.03%GEN MOTORS FIN 5/15/2018 0.03%TENET HEALTHCARE 8/01/2020 0.03%GRATON ECONOMIC DEVELOPMENT 8/22/2018 0.03%REGAL ENTERTAIN 3/15/2022 0.03%LYNX II CORP 4/15/2023 0.03%T-MOBILE USA INC 9/01/2018 0.03%Security% of PortfolioBE AEROSPACE INC 10/01/2020 0.03%CEMEX FINANCE 4/01/2024 0.03%SWIFT ENERGY CO 1/15/2020 0.03%ROYAL BK SCOTLND 0.03%ENERGY XXI GULF 6/15/2019 0.03%CYRUSONE LP/CYRU 11/15/2022 0.03%LOUISIANA-PACIFI 6/01/2020 0.03%AOT HOLDINGS (SERTA/SIMMONS 10/01/2019 0.03%KRATOS DEF & SEC 5/15/2019 0.03%HARLAND CLARKE 3/01/2021 0.03%IGATE CORP 4/15/2019 0.03%DANA HOLDING 9/15/2021 0.03%EXTERRAN PARTNER 10/01/2022 0.03%DONNELLEY & SONS 6/15/2020 0.03%VANTAGE ENERGY (BL) 12/20/2018 0.03%CEDAR FAIR LP/CA 3/15/2021 0.03%DIGITALGLOBE INC 2/01/2021 0.03%CONTL AIRLINES 9/01/2019 0.03%KODIAK OIL 2/01/2022 0.03%WINDSTREAM CORP 6/01/2022 0.03%CCRE CO LP/FIN C 2/15/2018 0.03%PENSKE AUTO GRP 10/01/2022 0.03%ALBERTSON'S INC 5/01/2031 0.03%BASIC ENERGY SVC 2/15/2019 0.03%SIRIUS XM RADIO 5/15/2020 0.03%ENERGY XXI GULF 12/15/2021 0.03%NOKIA OYJ 5/15/2039 0.03%DRILLSHIPS FINANCING HOLDIN 7/08/2021 0.03%HIL PART LP/CORP 10/01/2020 0.03%OFFSHORE GROUP I 11/01/2019 0.03%CIMAREX ENERGY 6/01/2024 0.03%STEEL DYNAMICS 8/15/2022 0.03%CONSTELLATION BR 5/01/2022 0.03%MCGRAW HILL EDUCATION 3/22/2019 0.03%TIME INC 4/15/2022 0.03%UNIVISION COMM.INC (BL) 3/01/2020 0.03%HARVEST OPERATIO 10/01/2017 0.03%SPRINT NEXTEL 11/15/2021 0.03%EXMAR NV 7/07/2017 0.03%AMD 8/15/2022 0.03%MATTAMY GROUP 11/15/2020 0.03%WESTMORELAND CO 2/01/2018 0.03%SPRINT CORP 9/15/2021 0.03%MORGAN STANLEY 7/15/2019 0.03%WARNER MUSIC GROUP(BL) 7/01/2020 0.03%GRATON ECONOMIC 9/01/2019 0.03%KGHM INTL 6/15/2019 0.03%COMSTOCK RES INC 4/01/2019 0.03%INVENTIV HEALTH 1/15/2018 0.03%CLOUD PEAK ENRGY 3/15/2024 0.02%ENERGY FUTURE INTERMEDIATE 6/12/2016 0.02%CENTURY COMMUNIT 5/15/2022 0.02%WINDSTREAM CORP 10/01/2021 0.02%CONSOL ENERGY 4/01/2020 0.02%AST Portfolio Holdings223 of 635

AST High Yield Portfolio (continued)Security% of PortfolioSUMMIT MID HLD / 7/01/2021 0.02%TENET HEALTHCARE 6/01/2020 0.02%APERAM 4/01/2016 0.02%RHP HOTEL PPTY 4/15/2021 0.02%BASIC ENERGY SVC 10/15/2022 0.02%SERVICE CORP 1/15/2022 0.02%BLUESCOPE STL LT 5/01/2018 0.02%J CREW 3/05/2021 0.02%MOHEGAN TRIBAL GAMING AUTHO 11/19/2019 0.02%BALL CORP 11/15/2023 0.02%ARCH COAL INC 10/01/2020 0.02%CCO HOLDINGS LLC 2/15/2023 0.02%AOT HOLDINGS (SERTA/SIMMONS 10/01/2019 0.02%OMNOVA SOLUTIONS 11/01/2018 0.02%WELLS ENTERPRISE 2/01/2020 0.02%CINC BELL INC 10/15/2020 0.02%MCCC-CALL 8/15/2019 0.02%ENDO FINANCE LLC 12/15/2020 0.02%TOLL BR FIN CORP 12/31/2018 0.02%SHINGLE SPRINGS 9/01/2021 0.02%R.H. DONNELLEY INC 12/31/2016 0.02%ALBERTSON'S INC 5/01/2030 0.02%AMSURG CORP 11/30/2020 0.02%LEVEL 3 FIN INC 6/01/2020 0.02%ANTERO RESOURCES 11/01/2021 0.02%SPRINT NEXTEL 3/01/2020 0.02%T-MOBILE USA INC 4/28/2019 0.02%INVENTIV HEALTH 5/15/2018 0.02%CERIDIAN CORP 7/15/2019 0.02%DELUXE CORP 3/15/2019 0.02%MRT MID PART/FIN 2/15/2021 0.02%CDW CORPORATION (BL) 4/29/2020 0.02%JEFFERIES FIN LL 4/01/2020 0.02%CONSTELLIUM NV 5/15/2024 0.02%IRON MOUNTAIN 8/15/2024 0.02%UNIVISION COMM 5/15/2023 0.02%COVANTA HOLDING 3/01/2024 0.02%NORBORD INC 12/01/2020 0.02%T-MOBILE USA INC 1/15/2024 0.02%DOWNSTREAM DEVEL 7/01/2019 0.02%VIRGIN MEDIA FIN 10/15/2019 0.02%AMSTED INDS 3/15/2022 0.02%ALCOA INC 2/23/2022 0.02%SPIRIT AEROSYSTE 3/15/2022 0.02%NAVIOS MARITIME (BL) TL B 6/27/2018 0.02%J CREW 3/05/2021 0.02%INEOS GROUP HOLD 2/15/2019 0.02%LYONDELLBASELL 11/15/2021 0.02%SIRIUS XM RADIO 5/15/2023 0.02%FLY LEASING LTD 12/15/2020 0.02%TEXAS COMPETITIVE ELECTRIC 5/12/2016 0.02%SUNGARD DATA SYS 11/15/2020 0.02%CERIDIAN CORP (BL) 8/14/2015 0.02%CONSTELLATION BR 5/01/2021 0.02%Security% of PortfolioAMER AXLE & MFG 11/15/2019 0.02%TEXAS COMPETITIVE ELECTRIC 5/12/2016 0.02%ENTEGRIS INC 4/01/2022 0.02%US WEST CAP FDG 7/15/2028 0.02%MTL PUBLISHING (BL) 6/29/2018 0.02%CHESAPEAKE ENRGY 3/15/2016 0.02%R.H. DONNELLEY INC 12/31/2016 0.02%SAPPI PAPIER HOL 6/15/2019 0.02%J CREW 3/05/2021 0.02%BELDEN INC 7/15/2024 0.02%ALTICE FINCO SA 1/15/2024 0.02%MICRON TECH 2/15/2022 0.02%SUMMIT MID HLD / 8/15/2022 0.02%GRAPHIC PACKAGE 10/01/2018 0.02%HIL PART LP/CORP 5/15/2022 0.02%AMKOR TECH INC 10/01/2022 0.02%ALON USA PARTNERS, LP 11/26/2018 0.02%XO COMMUNICATIONS 3/20/2021 0.02%NXP BV/NXP FUNDI 3/15/2023 0.02%HILTON WORLDWIDE FINANCE LL 10/25/2020 0.02%FIRST CASH FINL 4/01/2021 0.02%NXP BV/NXP FUNDI 9/15/2016 0.02%REGAL ENTERTAIN 6/15/2023 0.02%ADT CORP 7/15/2022 0.02%ENTERCOM RADIO, LLC 11/23/2018 0.02%TRIUMPH GROUP 6/01/2022 0.02%OZBURN-HESSEY LOGISTICS (BL 5/23/2019 0.02%NOVA CHEMICALS 8/01/2023 0.02%ZAYO GROUP (BL) 7/02/2019 0.02%HCA INC 2/15/2020 0.02%WCI COMMUNITIE 8/15/2021 0.02%INTRAWEST 12/09/2020 0.02%SIRIUS XM RADIO 10/01/2020 0.01%TW TELECOM HLDS 9/01/2023 0.01%RITE AID CORP. (BL) 8/21/2020 0.01%LEVEL 3 FIN INC 1/15/2018 0.01%ARTESYN ESCROW 10/15/2020 0.01%J CREW 3/05/2021 0.01%AMD 8/01/2020 0.01%WHITING PETRO 3/15/2019 0.01%FELCOR LODGING 10/01/2014 0.01%AVIS BUDGET CAR 3/15/2020 0.01%COMMUNITY CHOICE 5/01/2019 0.01%STANDRD PAC CORP 12/15/2021 0.01%COGECO CABLE 5/01/2020 0.01%AZ CHEM US INC. (ARIZONA CH 6/15/2021 0.01%BAYTEX ENERGY 6/01/2021 0.01%ST. GEORGE'S UNIVERSITY/ 12/20/2017 0.01%BAYTEX ENERGY 6/01/2024 0.01%UNIVERSAL HLTH S 8/01/2022 0.01%ENDO FINANCE LLC 1/15/2022 0.01%PAETEC HOLDING 12/01/2018 0.01%VAIL RESORTS 5/01/2019 0.01%AOT HOLDINGS (SERTA/SIMMONS 10/01/2019 0.01%AST Portfolio Holdings224 of 635

AST High Yield Portfolio (continued)Security% of PortfolioPRESTIGE BRANDS 2/01/2020 0.01%OCI BEAUMONT 8/20/2019 0.01%LENNAR CORP 6/01/2018 0.01%SM ENERGY CO 1/01/2023 0.01%NEP BROADCASTING (BL) 7/22/2020 0.01%NCR CORP 12/15/2023 0.01%BOMBARDIER INC 3/15/2020 0.01%HT INTER HLD COR 5/15/2019 0.01%CPG MERGER SUB 10/01/2021 0.01%PVR PARTNERS LP 5/15/2021 0.01%CBS OUT AMER CAP 2/15/2022 0.01%PIONEER DRILL 3/15/2018 0.01%LENNAR CORP 6/15/2019 0.01%FRESENIUS MED 1/31/2022 0.01%HERTZ CORP 4/15/2019 0.01%EUROPEAN CURRENCY 0.01%PPL ENERGY SUPPL 12/15/2021 0.01%AIRCASTLE LTD 12/01/2019 0.01%NATIONSTAR MORT/ 6/01/2022 0.01%TW TELECOM HLDS 10/01/2022 0.01%KENNEDY-WILSON 4/01/2024 0.01%DISH DBS CORP 9/01/2019 0.01%K HOVNANIAN ENTR 1/15/2019 0.01%US AIR 2013-1B 11/15/2021 0.01%NCR CORP 7/15/2022 0.01%ASCENSUS INC 11/15/2020 0.01%DOLE FOOD COMPANY (BL) 11/01/2018 0.01%DOLE FOOD COMPANY (BL) 11/01/2018 0.01%DOLE FOOD COMPANY(BL) 11/01/2018 0.01%DOLE FOOD COMPANY(BL) 11/01/2018 0.01%DOLE FOOD COMPANY 11/01/2018 0.01%DOLE FOOD COMPANY(BL) 11/01/2018 0.01%DOLE FOOD COMPANY (BL) 11/01/2018 0.01%UNIVERSAL HLTH S 8/01/2019 0.01%AMER INTL GROUP 5/15/2058 0.01%HUDBAY MINERALS 10/01/2020 0.01%RESOLUTE FOREST 5/15/2023 0.01%COMMERCIAL METAL 8/15/2018 0.01%QUIKRETE HOLDINGS INC 3/26/2021 0.01%TWCC HOLDING CORP 2/13/2017 0.01%ALERIS INTL 2/15/2018 0.01%NAVIOS MARIT 11/15/2021 0.01%POST HOLDINGS IN 12/15/2022 0.01%ROYAL BK SCOTLND 0.01%INTEGRA TELECOM HLDG INC (B 2/06/2019 0.01%COMMSCOPE INC 6/15/2024 0.01%HILTON WORLDWIDE FINANCE LL 10/25/2020 0.01%COMMSCOPE INC 6/15/2021 0.01%CLEAR CHANNEL 3/01/2021 0.01%INTEGRA TELECOM HLDG INC (B 2/22/2019 0.01%SBA TELECOM INC 7/15/2020 0.01%CIT GROUP INC 2/19/2019 0.01%REGAL ENTERTAIN 2/01/2025 0.01%TOLL BR FIN CORP 11/01/2019 0.01%Security% of PortfolioSTANDRD PAC CORP 9/15/2016 0.01%CEVA GROUP PLC 3/19/2021 0.01%FRONTIER COMM 4/15/2022 0.01%ROYAL CARIBBEAN 10/15/2027 < 0.01%ROSETTA RESOURCE 6/01/2024 < 0.01%MASCO CORP 3/15/2020 < 0.01%MTL PUBLISHING (BL) 6/29/2018 < 0.01%LEVEL 3 FIN INC 4/01/2019 < 0.01%REALOGY CORP 10/10/2016 < 0.01%CEVA LOGISTICS U.S. HOLDING 3/19/2021 < 0.01%DOLE FOOD COMPANY (BL) 11/01/2018 < 0.01%CEVA LOGISTICS U.S. HOLDING 3/19/2021 < 0.01%NATIONSTAR MORT/ 10/01/2020 < 0.01%CINCINNATI BELL (TL) 9/10/2020 < 0.01%CINCINNATI BELL (TL) 9/10/2020 < 0.01%CINCINNATI BELL (TL) 9/10/2020 < 0.01%SEMGROUP CO-CW14 < 0.01%AOT HOLDINGS (SERTA/SIMMONS 10/01/2019 < 0.01%EMERALD PERFORMANCE MATERIA 7/22/2015 < 0.01%ALBERTSON'S INC 6/01/2028 < 0.01%AOT HOLDINGS (SERTA/SIMMONS 10/01/2019 < 0.01%MASCO CORP 3/15/2017 < 0.01%ATTACHMATE CORP BL 11/22/2017 < 0.01%ENTERCOM RADIO, LLC 11/23/2018 < 0.01%ENTERCOM RADIO, LLC 11/23/2018 < 0.01%ENTERCOM RADIO, LLC 11/23/2018 < 0.01%CEVA LOGISTICS U.S. HOLDING 3/19/2021 < 0.01%HILTON WORLDWIDE FINANCE LL 10/26/2020 < 0.01%PINNACLE FOODS FINANCE LLC 4/29/2020 < 0.01%GENERAL MARITIME < 0.01%VERTIS INC (BL) 12/21/2015 < 0.01%S FRWD EUR 8/22/2014 < 0.01%OMNICARE INC 6/01/2020 < 0.01%AES IRONWOOD LLC 11/30/2025 < 0.01%DOLE FOOD COMPANY 11/01/2018 < 0.01%SEMGROUP L.P ESCROW . < 0.01%GENERAL MOTORS CO < 0.01%NORWEGIAN KRONE < 0.01%DYNEGY HOLDINGS ESCROW 5/15/2099 < 0.01%DYNEGY HOLDINGS ESCROW 6/01/2099 < 0.01%DYNEGY ROSETON LLC / DYNEGY 12/02/2099 < 0.01%NEEBO WARRANTS < 0.01%NEEBO B WARRANTS < 0.01%GENERAL MARITIME < 0.01%CANADIAN DOLLAR < 0.01%AST Portfolio Holdings225 of 635

AST High Yield PortfolioSecurity% of PortfolioFIRST DATA CORP 8/15/2021 0.67%ARCELORMITTAL 2/25/2022 0.62%CHRYSLER GP/CG C 6/15/2021 0.62%COMMSCOPE HLDNG 6/01/2020 0.60%PRUDENTIAL CORE INVESTMENT 0.59%WPX ENERGY INC 1/15/2022 0.51%HCA INC 5/01/2023 0.49%CHS/COMMUNITY 11/15/2019 0.48%HEXION US/NOVA 11/15/2020 0.47%AES CORP 6/01/2020 0.47%AVAYA INC 3/01/2021 0.46%LEVEL 3 COMM INC 2/01/2019 0.45%ALLY FINANCIAL 3/15/2020 0.42%SPRINT CORP 9/15/2023 0.42%SAMSON INVESTMEN 2/15/2020 0.40%TRANSUNION HOLD 6/15/2018 0.40%WIND ACQ 4/23/2021 0.40%CALPINE CORP 1/15/2023 0.40%EMBARQ CORP 6/01/2036 0.40%REYNOLDS GROUP 8/15/2019 0.38%NORTEL NETWORKS 7/15/2099 0.38%EVERGREEN SKILLS LUX SARL:T 4/30/2022 0.37%FIRST DATA CORP 1/15/2021 0.37%CONVATEC HEALTHC 12/15/2018 0.36%NRG ENERGY INC 5/01/2024 0.36%CCM MERGER INC 5/01/2019 0.34%INTL LEASE FIN 12/15/2020 0.34%DYNEGY INC 6/01/2023 0.33%AMC ENTERTAINMNT 12/01/2020 0.33%REYNOLDS GROUP 10/15/2020 0.33%TENET HEALTHCARE 4/01/2022 0.33%UNITED RENTAL NA 4/15/2022 0.33%H&E EQUIPMENT 9/01/2022 0.31%NEIMAN MARCUS GR 10/15/2021 0.31%CIT GROUP INC 8/15/2022 0.31%INTL WIRE GROUP 10/15/2017 0.30%LAUREATE EDUCATI 9/01/2019 0.30%SPRINT CAP CORP 11/15/2028 0.30%UNIFRAX I LLC/UN 2/15/2019 0.30%BMC SOFTWARE FIN 7/15/2021 0.30%GENON ENERGY 10/15/2020 0.30%BOXER PARENT CO 10/15/2019 0.30%MGM RESORTS 12/15/2021 0.28%ASHTEAD CAPITAL 7/15/2022 0.28%NUMERICABLE 5/15/2022 0.28%DPL INC 10/15/2021 0.28%GRIFFON CORP 3/01/2022 0.28%WCI COMMUNITIES 8/15/2021 0.28%JBS USA LLC/JBS 6/01/2021 0.28%ACMP/ACMP FIN 3/15/2024 0.28%QUEBECOR MEDIA 1/15/2023 0.27%VALEANT PHARMA 10/01/2020 0.27%NRG ENERGY INC 5/15/2021 0.27%DENBURY RESOURCE 5/01/2022 0.27%Security% of PortfolioMTR GAMING GROUP 8/01/2019 0.27%WEST CORP 7/15/2022 0.26%FIRST DATA HLDGS 9/24/2019 0.26%PINNACLE ENTERTA 8/01/2021 0.26%BIOMET INC 8/01/2020 0.26%PENN NATL GAMING 11/01/2021 0.26%WIRECO WORLDGRP 5/15/2017 0.26%BRIGHTSTAR CORP 8/01/2018 0.26%FIRST DATA CORP 1/15/2021 0.25%CEC ENTERTAINMEN 2/15/2022 0.25%KENAN ADVANTAGE 12/15/2018 0.25%SENSATA TECH BV 10/15/2023 0.25%GRAY TELE INC 10/01/2020 0.25%SUGAR HSP GAMING 6/01/2021 0.25%CALPINE CORP 1/15/2023 0.25%TPC GROUP INC 12/15/2020 0.25%LEVEL 3 ESCROW 8/15/2022 0.24%KRONOS INC 5/30/2020 0.24%DISH DBS CORP 6/01/2021 0.24%ADVANCED MICRO D 3/01/2019 0.24%DYCOM INVST 1/15/2021 0.24%MEG ENERGY CORP 3/31/2024 0.24%SIGNODE INDUS GR 5/01/2022 0.24%EILEME 2 AB 1/31/2020 0.24%INTELSAT JACKSON 8/01/2023 0.24%NUANCE COMMUNIC 8/15/2020 0.24%CRIM MERG SUB IN 5/15/2022 0.24%BEAZER HOMES USA 9/15/2021 0.23%CRESTVIEW DS MRG 9/01/2021 0.23%AFFINITY GAMING 5/15/2018 0.23%TEREX CORP 5/15/2021 0.23%CABLEVISION SYS 4/15/2020 0.23%CIT GROUP INC 3/15/2018 0.23%CLEAR CHNL WORLD 11/15/2022 0.23%VPI ESCROW CORP 10/15/2020 0.23%SEADRILL LTD 9/15/2020 0.23%D.R. HORTON 2/15/2023 0.22%POST HOLDINGS IN 12/01/2021 0.22%LANDRY'S INC 5/01/2020 0.22%MIRANT TRUST 6/30/2017 0.22%ILFC E-CAP TRUST 12/21/2065 0.22%TRANSDIGM INC 7/15/2022 0.22%VIK CRUISES LTD 10/15/2022 0.22%SPRINT CORP 6/15/2024 0.22%TMS INTL CORP 10/15/2021 0.22%BOMBARDIER INC 4/15/2019 0.22%SOFTBANK CORP 4/15/2020 0.22%CHEMTURA CORP 7/15/2021 0.22%SMITHFIELD FOODS 8/15/2022 0.22%IGLOO HOLDINGS 12/15/2017 0.22%UNITED RENTAL NA 11/15/2024 0.22%ENERGY FUTURE 3/01/2022 0.21%DARLING INGREDIE 1/15/2022 0.21%GATES GLOBAL LLC 7/15/2022 0.21%AST Portfolio Holdings226 of 635

AST High Yield Portfolio (continued)Security% of PortfolioCCO HOLDINGS LLC 9/01/2023 0.21%US COAT AC/FLASH 5/01/2021 0.21%MIDSTATES PETRO 6/01/2021 0.21%INTELSAT JACKSON 12/15/2022 0.21%BUILDING MAT COR 2/15/2020 0.21%ALCATEL-LUCENT 11/15/2020 0.21%SERVICE CORP 5/15/2024 0.21%BOE MERGER CORP 11/01/2017 0.21%SEQUA CORP 12/15/2017 0.21%NRG ENERGY INC 7/15/2022 0.20%TAYLOR MORRISON 4/15/2020 0.20%JURASSIC HLDINGS 2/15/2021 0.20%SUN MERGER SUB 8/01/2021 0.20%CCO HOLDINGS LLC 1/15/2024 0.20%ROYAL BK SCOTLND 12/15/2022 0.20%SPRINT NEXTEL 11/15/2018 0.20%ALLY FINANCIAL 9/15/2020 0.20%JBS USA LLC/JBS 7/15/2024 0.20%MEMORIAL RESOURC 7/01/2022 0.20%BLACKBOARD INC 11/15/2019 0.20%MGM RESORTS 3/15/2022 0.20%NEWPAGE HOLDINGS INC 0.20%T-MOBILE USA INC 4/28/2021 0.20%COMMERCIAL METAL 5/15/2023 0.20%TELECOM ITALIA 5/30/2024 0.20%SUNGARD DATA 11/01/2019 0.20%POST HOLDINGS IN 2/15/2022 0.20%SPRINT NEXTEL 8/15/2020 0.20%WYNN MACAU LTD 10/15/2021 0.20%CLEAN HARBORS IN 8/01/2020 0.20%SPRINT CAP CORP 5/01/2019 0.19%HEALTHSOUTH CORP 10/01/2018 0.19%BLUELINE RENTAL 2/01/2019 0.19%TAMINCO GLOBAL 3/31/2020 0.19%SPRINGLEAF FIN 6/01/2020 0.19%BERRY PLASTICS 1/15/2021 0.19%SOPHIA LP/FIN 1/15/2019 0.19%SINCLAIR TELE 10/01/2022 0.19%INTERGEN NV 6/30/2023 0.19%BRAND ENERGY & I 12/01/2021 0.19%CALPINE CORP 1/15/2025 0.19%ISLE OF CAPRI 3/15/2019 0.19%DUFRY FINANCE 10/15/2020 0.19%ATHLON HLDS LP / 4/15/2021 0.19%FIRST QUANTUM 2/15/2021 0.19%TARGA RES PRTNRS 2/01/2021 0.19%CGG SA 1/15/2022 0.19%SBA COMMUNICATIO 7/15/2022 0.19%AVIS BUDGET CAR 6/01/2022 0.19%TRANSDIGM INC 7/15/2024 0.19%NEW GOLD INC 4/15/2020 0.19%WELLS FARGO CO 6/15/2044 0.18%SUPERVALU INC 3/21/2019 0.18%PETROLOGISTICS 4/01/2020 0.18%Security% of PortfolioBONANZA CREEK EN 4/15/2021 0.18%SENIOR HOUSING 12/15/2021 0.18%JBS USA LLC/JBS 6/01/2021 0.18%CAESARS ENT RES 10/01/2020 0.18%CINEMARK USA 12/15/2022 0.18%CLAIRE'S STORES 3/15/2019 0.18%HJ HEINZ CO 10/15/2020 0.18%INTELSAT JACKSON 10/15/2020 0.18%AES CORP 3/15/2024 0.17%CDW LLC/CDW FIN 4/01/2019 0.17%HILTON WORLDWIDE 10/15/2021 0.17%XL GROUP LTD 0.17%ACADIA HEALTH 11/01/2018 0.17%WP MUSTANG HOLDINGS LLC 5/29/2022 0.17%PANTRY INC 8/01/2020 0.17%CIT GROUP INC 2/15/2019 0.17%VECTOR GROUP LTD 2/15/2021 0.17%CLEAR CHANNEL COMM (BL) 1/30/2019 0.17%TEXAS COMETITIVE (BL) 10/10/2014 0.17%CCO HOLDINGS LLC 4/30/2021 0.17%TEXAS COMETITIVE (BL) 10/10/2017 0.17%CASE NEW HOLLAND 12/01/2017 0.17%CEQUEL COM & CAP 12/15/2021 0.16%GENERAL MOTORS 10/02/2023 0.16%NRG ENERGY INC 3/15/2023 0.16%TOPS HLDG/MKTS 12/15/2017 0.16%PF CHANGS CHINA 6/30/2020 0.16%CENTURYLINK INC 3/15/2022 0.16%LIBERTY MEDIA 2/01/2030 0.16%WESTERN REFINING 4/01/2021 0.16%CARLSON WAGONLIT 6/15/2019 0.16%CEMEX FINANCE 10/12/2022 0.16%COMPRESSCO PARTN 8/15/2022 0.16%CAPSUGEL SA 5/15/2019 0.16%SUBURBAN PROPANE 6/01/2024 0.16%REYNOLDS GROUP 8/15/2019 0.16%SELECT MEDICAL 6/01/2021 0.16%CROWN CASTLE INT 1/15/2023 0.16%CEMEX SAB 1/15/2021 0.15%SYNIVERSE HOLDIN 1/15/2019 0.15%RNTCH NIT PTR/FI 4/15/2021 0.15%CAPELLA HEALTHCA 7/01/2017 0.15%RELIANT ENER MID 7/02/2026 0.15%GOLDEN NUGGET ES 12/01/2021 0.15%JONES ENERGY HLD 4/01/2022 0.15%GARDNER DENVER 8/15/2021 0.15%ADS WASTE HLDGS 10/01/2020 0.15%FIRST DATA CORP 1/15/2021 0.15%VIDEOTRON LTD 7/15/2022 0.15%TENET HEALTHCARE 3/01/2019 0.15%NAVIOS MARITIME 1/15/2022 0.15%AUDATEX NORTH AM 11/01/2023 0.15%ATHLON HLDS LP / 5/01/2022 0.15%KINDER MORGAN 11/15/2023 0.15%AST Portfolio Holdings227 of 635

AST High Yield Portfolio (continued)Security% of PortfolioWINDSTREAM CORP 8/01/2023 0.15%LIFEPOINT HOSPIT 12/01/2021 0.15%INTELSAT LUXEMB 6/01/2021 0.15%T-MOBILE USA INC 4/28/2022 0.15%UNIT CORP 5/15/2021 0.15%ICAHN ENTER/FIN 2/01/2022 0.15%NARA CABLE FUNDI 12/01/2018 0.14%EVEREST ACQ LLC 5/01/2020 0.14%MEG ENERGY CORP 3/15/2021 0.14%HALCON RESOURCES 2/15/2022 0.14%BROOKFIELD RESID 7/01/2022 0.14%ELDORADO CORP 12/15/2020 0.14%PINNACLE FOODS 4/29/2020 0.14%ENERGY XXI GULF 3/15/2024 0.14%TRONOX FINANCE 8/15/2020 0.14%TENET HEALTHCARE 2/01/2020 0.14%JC PENNEY CORP INC (BL) 5/22/2018 0.14%KB HOME 9/15/2022 0.14%CHS/COMMUNITY 7/15/2020 0.14%NXP BV/NXP FUNDI 2/15/2021 0.14%LEVEL 3 FIN INC 7/15/2020 0.14%DIGICEL GROUP 9/30/2020 0.14%ANCESTRY.COM INC 10/15/2018 0.14%CERIDIAN HCM 3/15/2021 0.14%HEARTHSIDE GROUP 5/01/2022 0.13%RES-CARE INC 1/15/2019 0.13%TULLOW OIL PLC 11/01/2020 0.13%OCEAN RIG UDW 4/01/2019 0.13%UNITED RENTAL NA 9/15/2020 0.13%RANGE RESOURCES 6/01/2021 0.13%PEABODY ENERGY 11/15/2021 0.13%AVIV HEALTHCARE 2/15/2019 0.13%HOT TOPIC 6/15/2021 0.13%FERRELLGAS LP 1/15/2022 0.13%TITAN INTL INC 10/01/2020 0.13%AMER AXLE & MFG 3/15/2021 0.13%REYNOLDS GROUP 4/15/2019 0.13%BOYD GAMING CORP 12/01/2018 0.13%MICHAELS FINCO H 8/01/2018 0.13%CLEAR CHNL WORLD 11/15/2022 0.13%CEMEX ESPANA LUX 4/30/2019 0.13%L BRANDS INC 10/15/2023 0.13%CONVATEC FIN 1/15/2019 0.13%BEV PCK HD LU/IN 6/15/2017 0.13%GRIFOLS WRLDWDE 4/01/2022 0.13%CIT GROUP INC 5/15/2020 0.13%MGM RESORTS 11/01/2016 0.13%CEMEX ESPANA LUX 5/12/2020 0.13%UNIVISION COMM 9/15/2022 0.13%DEL MONTE CORP 2/15/2019 0.13%SM ENERGY CO 11/15/2021 0.13%BOYD GAMING CORP 7/01/2020 0.13%MARKWEST ENERGY 11/01/2020 0.13%NATL MENTOR HLDG 2/15/2018 0.13%Security% of PortfolioCHRYSLER 12/31/2018 0.13%ARDAGH PKG FIN 1/31/2021 0.13%PRECISION DRILL 12/15/2021 0.13%STANDRD PAC CORP 1/15/2021 0.13%ANTERO RESOURCES 12/01/2022 0.13%CLEAR CHANNEL 7/30/2019 0.13%ROYAL BK SCOTLND 6/10/2023 0.13%SUN MERGER SUB 8/01/2018 0.13%WINDSTREAM CORP 4/01/2023 0.13%BANK OF AMER CRP 6/17/2019 0.13%VULCAN MATERIALS 6/15/2021 0.13%CLEAR CHNL WORLD 3/15/2020 0.12%CHESAPEAKE ENRGY 4/15/2022 0.12%BRIGHTSTAR CORP 12/01/2016 0.12%ACADEMY LTD 8/01/2019 0.12%SABINE PASS LIQU 4/15/2023 0.12%ULTRA PETROLEUM 12/15/2018 0.12%MALLINCKRODT INT 4/15/2023 0.12%ZAYO GROUP LLC 7/01/2020 0.12%SANCHEZ ENERGY 1/15/2023 0.12%CONCHO RES/MIDLA 1/15/2022 0.12%CHS/COMMUNITY 2/01/2022 0.12%EXOPACK HLDS SA 11/01/2019 0.12%LEVEL 3 FIN INC 1/15/2021 0.12%CAESARS ENT OPER 6/01/2017 0.12%AMSURG ESCROW 7/15/2022 0.12%ENDO FINANCE 1/15/2022 0.12%ALLIANT TECHSYS 10/01/2021 0.12%CENTENE CORP 5/15/2022 0.12%BELDEN INC 9/01/2022 0.12%NEWFIELD EXPLOR 1/30/2022 0.12%GLP CAP/FIN II 11/01/2020 0.12%FIRST QUAL FIN C 5/15/2021 0.12%RR DONNELLEY 4/01/2024 0.12%TARGA RES PRTNRS 8/01/2022 0.12%BRISTOW GROUP IN 10/15/2022 0.12%PIONEER ENERGY S 3/15/2022 0.12%DELTA AIRLINES INC(BL) 10/18/2018 0.12%NEW GOLD INC 11/15/2022 0.12%ILFC E-CAP TRUST 12/21/2065 0.12%QEP RESOURCES 3/01/2021 0.11%WESTMORELAND CO 2/01/2018 0.11%FREESCALE SEMICO 1/15/2022 0.11%GMAC LLC 11/01/2031 0.11%CONSOL ENERGY 4/15/2022 0.11%CLAIRE'S STORES 3/15/2019 0.11%RITE AID CORP. 6/21/2021 0.11%HCA HOLDINGS INC 2/15/2021 0.11%REXEL 12/15/2019 0.11%REYNOLDS GROUP 2/15/2021 0.11%FIRST QUANTUM 5/15/2022 0.11%SUN PRODUCTS COR 3/15/2021 0.11%INMARSAT FINANCE 5/15/2022 0.11%EMDEON INC 12/31/2019 0.11%AST Portfolio Holdings228 of 635

AST High Yield Portfolio (continued)Security% of PortfolioINGLES MKTS INC 6/15/2023 0.11%BLUEWATER HOLD 12/10/2019 0.11%TENET HEALTHCARE 10/01/2021 0.11%CCO HOLDINGS LLC 3/15/2021 0.11%MCGRAW-HILL GLBL 4/01/2021 0.11%TUTOR PERINI CRP 11/01/2018 0.11%EAGLE SPINCO INC 2/15/2021 0.11%AXIALL CORP 5/15/2023 0.11%REGENCY ENERGY 7/15/2021 0.11%PHI INC 3/15/2019 0.11%DENALI BORROW LL 10/15/2020 0.11%LIBERTY MUTUAL 3/15/2037 0.11%B&G FOODS INC 6/01/2021 0.11%ALLY FINANCIAL 0.11%HORNBECK OFF 4/01/2020 0.11%MEDASSETS INC 11/15/2018 0.11%CONSTELLATION BR 5/01/2023 0.11%HEXION US FIN 4/15/2020 0.11%SUNGARD AVAIL 4/01/2022 0.10%BANK OF AMER CRP 1/30/2018 0.10%ULTRAPETROL 6/15/2021 0.10%ARDAGH PKG FIN 10/15/2020 0.10%SEALED AIR CORP 9/15/2021 0.10%INTELSAT JACKSON 4/01/2021 0.10%FIELDWOOD ENERGY (BL) 9/30/2020 0.10%BEAZER HOMES USA 6/15/2019 0.10%CORELOGIC INC 6/01/2021 0.10%CNG HOLDINGS INC 5/15/2020 0.10%FIRST DATA CORP 6/15/2021 0.10%HCA INC 3/15/2022 0.10%POLYONE CORP 3/15/2023 0.10%LMI AERO INC 7/15/2019 0.10%AEP INDUSTRIES 4/15/2019 0.10%ISLE OF CAPRI 6/15/2020 0.10%ARCELORMITTAL 6/01/2019 0.10%MPH ACQUISITION 4/01/2022 0.10%DELL, INC. 4/29/2020 0.10%K HOVNANIAN ENTR 10/15/2020 0.10%ANCESTRY.COM INC 12/15/2020 0.10%JAGUAR LAND ROVR 12/15/2018 0.10%AERCAP IRELAND C 5/15/2021 0.10%SPRINT NEXTEL 12/01/2016 0.10%RADIO ONE (BL) 3/31/2016 0.10%SPRINT CAP CORP 3/15/2032 0.10%CONTL AIRLINES 4/01/2021 0.10%CALPINE CORP 1/15/2022 0.10%AMER AXLE & MFG 10/15/2022 0.10%IASIS HEALTHCARE 5/15/2019 0.10%FRONTIER COMM 4/15/2020 0.10%RSC EQUIP RENTAL 2/01/2021 0.10%VTR FIN BV 1/15/2024 0.09%UNITED SURGICAL 4/01/2020 0.09%GOODYEAR TIRE 5/15/2022 0.09%CDX NA.HY.19.V1 5.00% 12/20/2017 0.09%Security% of PortfolioAVAYA INC 4/01/2019 0.09%ANTERO RESOURCES 12/01/2020 0.09%STONE ENERGY 11/15/2022 0.09%UNIVISION COMMUNICATIONS IN 3/01/2020 0.09%EP ENER/EVEREST 9/01/2022 0.09%UNIVISION COMM 5/15/2021 0.09%ALTICE 5/15/2022 0.09%VALEANT PHARMA 12/01/2018 0.09%WELLS FARGO CO 3/15/2018 0.09%UNITED RENTAL NA 5/15/2020 0.09%BOMBARDIER INC 1/15/2023 0.09%INFOR SOFTWARE 5/01/2021 0.09%MASONITE INTL 4/15/2021 0.09%CBS OUT AMER CAP 2/15/2024 0.09%FMG RES 2/01/2018 0.09%MILACRON/MCRON 2/15/2021 0.09%NATIONAL CINEMED 4/15/2022 0.09%COLUMBIA/HCA 11/15/2015 0.09%ADT CORP 6/15/2023 0.09%BHP-CALL 8/15/2018 0.09%CHESAPEAKE ENRGY 2/15/2021 0.09%DANA HOLDING 2/15/2021 0.09%GOODMAN NETWORK 7/01/2018 0.09%FREESCALE SEMICO 2/01/2020 0.09%DUPONT FABROS TE 9/15/2021 0.09%ROSETTA RESOURCE 5/01/2021 0.09%SPX CORP 9/01/2017 0.09%T-MOBILE USA INC 4/28/2023 0.09%HCA INC 3/15/2024 0.09%REYNOLDS GROUP 5/15/2018 0.09%GREIF INC 2/01/2017 0.09%REGENCY ENERGY 4/15/2023 0.09%KAISER ALUMINUM 6/01/2020 0.09%PARKER DRILLING 8/01/2020 0.09%PITNEY BOWES INT 0.09%BOE INTERM HLD 11/01/2017 0.09%DENBURY RESOURCE 8/15/2021 0.08%TENET HEALTHCARE 4/01/2021 0.08%SEMINOLE INC/LLC 5/15/2021 0.08%CLAIRE'S STORES 3/15/2020 0.08%FIRST DATA CORP 11/01/2020 0.08%ESTERLINE TECH 8/01/2020 0.08%MERITOR INC 2/15/2024 0.08%ALLISON TRANS 5/15/2019 0.08%GANNETT CO 10/15/2023 0.08%HCA INC 2/15/2022 0.08%ROCKIES EXPRESS 4/15/2020 0.08%FRONTIER COMM 7/01/2021 0.08%MGM MIRAGE 1/15/2017 0.08%TARGA RES PRTNRS 10/15/2018 0.08%CARMIKE CINEMAS 5/15/2019 0.08%KEY ENERGY SERV 3/01/2021 0.08%METROPCS WIRELES 11/15/2020 0.08%FRESENIUS MED 7/31/2019 0.08%AST Portfolio Holdings229 of 635

AST High Yield Portfolio (continued)Security% of PortfolioCOVANTA HOLDING 10/01/2022 0.08%ARCELORMITTAL 2/25/2017 0.08%ARAMARK SERV INC 3/15/2020 0.08%GEN CABLE CORP 10/01/2022 0.08%SIRIUS XM RADIO 8/01/2021 0.08%VALEANT PHARMA 12/01/2021 0.08%FMG RES 4/01/2017 0.08%ACMP/ACMP FIN 7/15/2022 0.08%CENTURY TEL ENTP 1/15/2028 0.08%VIRGIN MEDIA SEC 4/15/2021 0.08%SPRINT NEXTEL 11/15/2022 0.08%TOYS R US PROP C 12/01/2017 0.08%COMSTOCK RES INC 6/15/2020 0.08%BOMBARDIER INC 10/15/2022 0.08%MGM RESORTS 10/01/2020 0.08%APERAM 4/01/2018 0.08%EACCESS LTD 4/01/2018 0.08%SMURFIT KAPPA AQ 9/15/2018 0.08%PLASTIPAK HLDGS 10/01/2021 0.08%IRON MOUNTAIN 8/15/2023 0.08%SEALED AIR CORP 12/01/2020 0.08%FRONTIER COMM 1/15/2023 0.08%HALCON RESOURCES 7/15/2020 0.08%UPCB FINANCE V 11/15/2021 0.08%GREIF INC 8/01/2019 0.08%ACTIVISION BLIZZ 9/15/2021 0.08%SEA TRUCKS GROUP 3/26/2018 0.08%NRG ENERGY INC 9/01/2020 0.08%NATL FINANCIAL 7/15/2021 0.08%MASCO CORP 3/15/2022 0.08%ADT CORP 10/15/2021 0.08%MERITOR INC 6/15/2021 0.08%SABRA HLTH CARE 2/01/2021 0.08%PEABODY ENERGY 11/15/2018 0.08%STANDRD PAC CORP 5/15/2018 0.08%ROC FINANCE LLC 6/20/2019 0.07%WPX ENERGY INC 1/15/2017 0.07%TRINIDAD DRILL 1/15/2019 0.07%VANDER INTERMED 2/01/2019 0.07%GENERAL MOTORS 10/02/2018 0.07%SERVICE CORP 11/15/2020 0.07%ROCKWOOD SPECIAL 10/15/2020 0.07%SANCHEZ ENERGY 6/15/2021 0.07%TEREX CORP 4/01/2020 0.07%MODULAR SPACE 1/31/2019 0.07%AVAYA INC (BL) 10/26/2017 0.07%GARDA WORLD SECU 11/15/2021 0.07%TREEHOUSE FOODS 3/15/2022 0.07%SABRA HLTH CARE 6/01/2023 0.07%W & T OFFSHORE 6/15/2019 0.07%GRAFTECH INTL 11/15/2020 0.07%SEVENTY SEVEN 7/15/2022 0.07%ENERGY TRANS 1/15/2024 0.07%RADIO SYSTEMS CO 11/01/2019 0.07%Security% of PortfolioCATLIN INSURANCE 1/19/2017 0.07%KB HOME 12/15/2021 0.07%SYNIVERSE HOLDINGS (BL) 4/23/2019 0.07%LIVE NATION ENT 6/15/2022 0.07%BIOMET INC 10/01/2020 0.07%M/I HOMES INC 11/15/2018 0.07%HERCULES OFFSHOR 10/01/2021 0.07%CEDAR FAIR LP/CA 6/01/2024 0.07%HOLOGIC INC 8/01/2020 0.07%ACE CASH EXPRESS 2/01/2019 0.07%GLOB PART/GLP FI 7/15/2022 0.07%KINDER MORGAN 2/15/2021 0.07%SITEL LLC 4/01/2018 0.07%STUDIO CITY FIN 12/01/2020 0.07%HARLAND CLARKE 8/01/2018 0.07%ROSETTA RESOURCE 6/01/2022 0.07%CRESTWOOD MIDSTR 12/15/2020 0.07%CATAMARAN CORP 3/15/2021 0.07%CHRYSLER GP/CG C 6/15/2019 0.07%MALLINCKRODT FIN 8/01/2022 0.07%ARCELORMITTAL 0.07%HILCORP ENERGY I 4/15/2021 0.07%NES RENTALS HLDG 5/01/2018 0.07%STATION CASINOS 3/01/2021 0.07%DIAMONDBACK ENER 10/01/2021 0.07%CONTL AIRLINES 7/02/2018 0.07%BUMBLE BEE ACQ 12/15/2017 0.07%CASELLA WASTE 2/15/2019 0.07%PVH CORP 12/15/2022 0.07%WINDSTREAM CORP 10/15/2020 0.07%T-MOBILE USA INC 4/01/2023 0.07%BANK OF AMER CRP 12/29/2049 0.07%CIT GROUP INC 5/15/2017 0.07%CLEAR CHNL WORLD 3/15/2020 0.07%UNITED RENTAL NA 6/15/2023 0.07%US WEST CAP FDG 2/15/2031 0.07%TES LOG LP/CORP 10/01/2020 0.07%ASHLAND INC 8/15/2022 0.07%AK STEEL CORP 5/15/2020 0.06%AIRCASTLE LTD 4/15/2020 0.06%KINDRED HEALTHCA 4/15/2022 0.06%SINCLAIR TELE 4/01/2021 0.06%CCO HOLDINGS LLC 4/30/2020 0.06%NCR CORP 12/15/2021 0.06%HUNTSMAN INT LLC 11/15/2020 0.06%NOVELIS INC 12/15/2020 0.06%ARDAGH PKG FIN 1/31/2019 0.06%NEWFIELD EXPLOR 7/01/2024 0.06%RANGE RESOURCES 8/01/2020 0.06%MOOD MEDIA CORP 10/15/2020 0.06%HECLA MINING CO 5/01/2021 0.06%ENVISION HEALTH 7/01/2022 0.06%T-MOBILE USA INC 4/01/2021 0.06%EXCO RESOURCES 4/15/2022 0.06%AST Portfolio Holdings230 of 635

AST High Yield Portfolio (continued)Security% of PortfolioPITTSBURGH GLASS 11/15/2018 0.06%AVIS BUDGET CAR 4/01/2023 0.06%LENNAR CORP 6/01/2017 0.06%SABINE PASS LIQU 2/01/2021 0.06%FERRELLGAS LP 5/01/2021 0.06%CAESARS ENT OPER 2/15/2020 0.06%VIDEOTRON LTD 6/15/2024 0.06%INTELSAT LUXEMB 6/01/2023 0.06%SEALED AIR CORP 4/01/2023 0.06%QEP RESOURCES 10/01/2022 0.06%COEUR D'ALENE 2/01/2021 0.06%AMC ENTERTAINMNT 2/15/2022 0.06%GIBSON BRANDS IN 8/01/2018 0.06%US WEST COMM 9/15/2025 0.06%ONEX USI AC 1/15/2021 0.06%HERTZ CORP 10/15/2020 0.06%WIND ACQ 7/15/2020 0.06%AK STEEL CORP 12/01/2018 0.06%NAI ENTERTAINMNT 8/01/2018 0.06%CSC HOLDINGS LLC 11/15/2021 0.06%NUMERICABLE 5/15/2024 0.06%MPT OP PTNR/FINL 5/01/2024 0.06%CONTL AIRLINES 4/29/2018 0.06%HARDWOODS ACQ 8/01/2021 0.06%DUPONT PERFORMANCE (AXALTA) 2/01/2020 0.06%EP ENER/EVEREST 5/01/2019 0.06%VISANT CORP 10/01/2017 0.06%CIT GROUP INC 4/01/2018 0.06%FIRST DATA CORP 9/24/2018 0.06%VALEANT PHARMA 7/15/2021 0.06%CERIDIAN/COMDATA 11/15/2017 0.06%LAREDO PETROLEUM 1/15/2022 0.06%WTG HOLDINGS III CORP (BL) 1/15/2022 0.06%HCA INC 10/01/2018 0.06%CARDTRONICS INC 8/01/2022 0.06%UNITYMEDIA 1/21/2023 0.05%RANGE RESOURCES 3/15/2023 0.05%OASIS PETROLEUM 3/15/2022 0.05%CENVEO CORP 8/01/2019 0.05%LAFARGE SA 7/15/2036 0.05%CST BRANDS 5/01/2023 0.05%MERITAGE HOMES 4/01/2022 0.05%T-MOBILE USA INC 1/15/2022 0.05%AMC NETWORKS INC 7/15/2021 0.05%QEP RESOURCES 5/01/2023 0.05%VALEANT PHARMA 8/15/2018 0.05%HERTZ CORP 1/15/2021 0.05%ROUNDY'S SUPER 12/15/2020 0.05%NFR ENERGY (BL) 12/31/2018 0.05%TARGA RES PRTNRS 11/15/2023 0.05%ONO FINANCE II 7/15/2019 0.05%BE AEROSPACE 4/01/2022 0.05%CEMEX SAB 3/25/2019 0.05%UAL 2009-2A 1/15/2017 0.05%Security% of PortfolioDAVITA HEALTHCAR 7/15/2024 0.05%SITV LLC/SITV FI 7/01/2019 0.05%NII CAPITAL CORP 4/01/2021 0.05%TENET HEALTHCARE 11/01/2018 0.05%MCE FINANCE LTD 2/15/2021 0.05%K HOVNANIAN ENTR 10/15/2015 0.05%GOLDMAN SACHS GP 0.05%BC MOUNTAIN LLC 2/01/2021 0.05%PRECISION DRILL 11/15/2020 0.05%MURPHY OIL USA 8/15/2023 0.05%COLUMBUS MCKINN 2/01/2019 0.05%CHESAP OIL OP/FN 11/15/2019 0.05%FIRST QUANTUM 2/15/2020 0.05%PRECISION DRILL 11/15/2024 0.05%LEAR CORP 3/15/2020 0.05%TASEKO MINES LTD 4/15/2019 0.05%FELCOR LODGING 3/01/2023 0.05%VWR FUNDING INC 9/15/2017 0.05%INVENTIV HEALTH 8/15/2018 0.05%GOLDMAN SACHS GP 5/10/2019 0.05%CGG 6/01/2021 0.05%TAYLOR MORRISON 3/01/2024 0.05%LIN TELEVISION 4/15/2018 0.05%DYNEGY INC 0.05%LIBERTY MUTUAL 6/15/2058 0.05%BARCLAYS BK PLC 11/21/2022 0.05%GENESIS ENERGY 2/15/2021 0.05%JEFFERIES FIN LL 4/15/2022 0.05%CLEAR CHANNEL 12/15/2019 0.05%ALCOA INC 2/23/2019 0.05%CTR PARTNERSHIP 6/01/2021 0.05%ARCELORMITTAL 10/15/2039 0.05%WACHOVIA CAP III 3/15/2042 0.05%DELTA AIR 2012-1 5/07/2019 0.05%ALCATEL-LUCENT 7/01/2017 0.05%RITE AID CORP 6/15/2021 0.05%NATIONSTAR MORT/ 7/01/2021 0.05%ALCATEL-LUCENT (BL) 1/30/2019 0.05%REYNOLDS GROUP 2/15/2021 0.05%ALERE INC 6/15/2020 0.05%LIMITED BRANDS 2/15/2022 0.05%SIRIUS XM RADIO 7/15/2024 0.05%NEUBERGER BERMAN 3/15/2020 0.05%TRANSDIGM INC 7/15/2021 0.05%TENET HEALTHCARE 10/01/2020 0.05%SM ENERGY CO 2/15/2019 0.05%RAYONIER AM PROD 6/01/2024 0.05%CATALENT PHARMA 10/15/2018 0.05%ATLAS PIPELINE 8/01/2023 0.05%VIASYSTEMS INC 5/01/2019 0.05%CITGO PETROLEUM 8/15/2022 0.05%HARTFORD FINL 6/15/2038 0.05%QUAD/GRAPHICS 5/01/2022 0.05%PINNACLE ENTMNT 4/01/2022 0.05%AST Portfolio Holdings231 of 635

AST High Yield Portfolio (continued)Security% of PortfolioENERGY TRANSFER 10/15/2020 0.05%WALTER INVESTMEN 12/15/2021 0.05%LUCENT TECH 3/15/2029 0.05%ENTERCOM RADIO 12/01/2019 0.05%NII INTL TELECOM 8/15/2019 0.05%NRG ENERGY INC 1/15/2018 0.05%MONTELL FIN BV 3/15/2027 0.05%ASHLAND INC 3/15/2016 0.05%CINC BELL INC 3/15/2018 0.05%ROYAL BK SCOTLND 3/16/2022 0.05%CHESAPEAKE ENRGY 6/15/2021 0.05%ARDAGH PKG FIN 6/30/2021 0.05%POLYONE CORP 9/15/2020 0.05%TALOS PRODUCTION 2/15/2018 0.05%CENVEO CORP 9/15/2022 0.05%SANDRIDGE ENERGY 3/15/2021 0.05%REVLON CONS PROD 2/15/2021 0.05%CITIGROUP INC 1/30/2049 0.05%REGENCY ENERGY 3/01/2022 0.04%FRESENIUS MED 2/15/2021 0.04%RAIN CII CARBON 1/15/2021 0.04%GETTY IMAGES INC 10/15/2020 0.04%TELESAT CANADA/L 5/15/2017 0.04%NAVIOS SA LOGIST 5/01/2022 0.04%CRSTWD PART/FIN 3/01/2022 0.04%JB POINDEXTER 4/01/2022 0.04%HD SUPPLY INC 7/15/2020 0.04%SM ENERGY CO 1/15/2024 0.04%PEABODY ENERGY 9/15/2020 0.04%US AIR 2012-2B 6/03/2021 0.04%ALCOA INC 4/15/2021 0.04%NETFLIX INC 2/01/2021 0.04%ALCOA INC 2/01/2027 0.04%HERCULES OFFSHOR 4/01/2019 0.04%VIKCRU-CALL 8/15/2018 0.04%CASCADES INC 7/15/2022 0.04%NOKIA OYJ 5/15/2019 0.04%FMG RES 11/01/2019 0.04%HILCORP ENERGY I 2/15/2020 0.04%LEVEL 3 FIN INC 7/01/2019 0.04%ALTICE FINANCING SA 7/02/2019 0.04%SHELF DRL HOLD 11/01/2018 0.04%CCO HOLDINGS LLC 9/30/2022 0.04%A-S CO-ISS SUB I 12/15/2020 0.04%UPCB FIN III 7/01/2020 0.04%PETROLEUM GEO 12/15/2018 0.04%CB RICHARD ELLIS 10/15/2020 0.04%SEADRILL LTD 10/05/2015 0.04%RIDGEBURY CRUDE 3/20/2017 0.04%REYNOLDS GROUP 4/15/2019 0.04%CHS/COMMUNITY 8/15/2018 0.04%BEV PCK HD LU/IN 12/15/2016 0.04%FIRST DATA CORP 1/15/2022 0.04%DENBURY RESOURCE 7/15/2023 0.04%Security% of PortfolioASHLAND INC 4/15/2018 0.04%ALCOA INC 8/15/2020 0.04%ACADIA HEALTH 3/15/2021 0.04%CLAIRE'S STORES 6/01/2020 0.04%AURICO GOLD INC 4/01/2020 0.04%AVAGO TECHNOLOGIES LTD 5/06/2021 0.04%SHINGLE SPRINGS TRIBAL GAMI 8/29/2019 0.04%NUFARM AUS LTD 10/15/2019 0.04%ROCKIES EXPRESS 4/15/2015 0.04%FRESENIUS MED 9/15/2018 0.04%SABINE PASS LIQU 5/15/2024 0.04%AGUILA 3 SA 1/31/2018 0.04%NII INTL TELECOM 8/15/2019 0.04%PARKER DRILLING 7/15/2022 0.04%NIELSEN FINANCE 4/15/2022 0.04%BOMBARDIER INC 3/15/2018 0.04%FREESCALE SEMICONDUCTOR INC 2/28/2020 0.04%SITEL LLC 8/01/2017 0.04%SERTA SIMMONS 10/01/2020 0.04%AVAYA INC 3/31/2018 0.04%MUSTANG MERGER 8/15/2021 0.04%BEAZER HOMES USA 2/01/2023 0.04%TENNECO INC 12/15/2020 0.04%RCN TELE SER/CAP 8/15/2020 0.04%RADIO ONE INC 2/15/2020 0.04%HCA INC 3/15/2019 0.04%FIDLTY & GURNTY 4/01/2021 0.04%AMERICAN CASINO & ENTERTAIN 7/03/2019 0.04%AERCAP IRELAND C 5/15/2019 0.04%SENECA GAMING 12/01/2018 0.04%HD SUPPLY INC 4/15/2019 0.04%MEG ENERGY CORP 1/30/2023 0.04%STEEL DYNAMICS 3/15/2020 0.04%GENESIS ENERGY L 6/15/2024 0.04%ADVANCED MICRO 7/01/2024 0.04%CDX NA.HY.19.V1 5.00% 12/20/2017 0.04%CATALENT PHARMA SOLUTIONS I 12/31/2017 0.04%SPECTRUM BRANDS 11/15/2022 0.04%CCM MERGER INC. (BL) 3/01/2017 0.04%FORMULA ONE GROUP 7/29/2022 0.04%RYERSON INC/JOE 10/15/2017 0.04%GUITAR CENTER 4/15/2019 0.04%BERRY PLASTICS 5/15/2022 0.04%TARGA RES PRTNRS 5/01/2023 0.04%CHS/COMMUNITY 8/01/2021 0.04%FREESCALE SEMICO 5/15/2021 0.04%CHUKCHANSI ECO 5/30/2020 0.03%INTL LEASE FIN 4/15/2021 0.03%CEQUEL COM & CAP 9/15/2020 0.03%WMG ACQUISITION 4/15/2022 0.03%SEMGROUP CORP 6/15/2021 0.03%TELEFLEX INC 6/15/2024 0.03%SANMINA CORP 6/01/2019 0.03%CHURCHILL DOWNS 12/15/2021 0.03%AST Portfolio Holdings232 of 635

AST High Yield Portfolio (continued)Security% of PortfolioUS CONCRETE 12/01/2018 0.03%K HOVNANIAN ENTR 11/15/2020 0.03%CSC HOLDINGS LLC 2/15/2019 0.03%CROWN CASTLE INTL CORP 4/15/2022 0.03%SHEARERS FOODS 11/01/2019 0.03%ARDAGH PKG FIN 11/15/2020 0.03%ALUM CO AMERICA 1/15/2028 0.03%SWIFT ENERGY CO 3/01/2022 0.03%THE GO DADDY GROUP INC 5/01/2021 0.03%SINCLAIR TELE 8/01/2024 0.03%NEXSTAR BROADC 11/15/2020 0.03%ALERIS INTL 11/01/2020 0.03%ACADIA HEALTH 7/01/2022 0.03%NGL ENRGY PART/F 10/15/2021 0.03%MGM RESORTS 2/01/2019 0.03%JAGUAR LAND ROVR 2/01/2023 0.03%PRESTIGE BRANDS 12/15/2021 0.03%CLEARWATER PAPER 2/01/2025 0.03%NETFLIX INC 3/01/2024 0.03%HEXION US/NOVA 2/01/2018 0.03%SALIX PHARMACEUT 1/15/2021 0.03%RAIN CII CARBON 12/01/2018 0.03%FLOATEL (BL) 5/20/2020 0.03%HEADWATERS INC 1/15/2019 0.03%ACTIVISION BLIZZ 9/15/2023 0.03%BARMINCO FIN PTY 6/01/2018 0.03%STALLION OIL HLD (BL) TL 6/11/2018 0.03%AUDATEX NORTH AM 6/15/2021 0.03%SPRINGS INDS 6/01/2021 0.03%SPRINGLEAF FIN 10/01/2023 0.03%CALPINE CORP 1/15/2024 0.03%RJS POWER HOLDIN 7/15/2019 0.03%KODIAK OIL 1/15/2021 0.03%ALTICE FINANCING 1/15/2022 0.03%ATTACHMATE CORP BL 11/22/2017 0.03%PRINCE MINERAL 12/15/2019 0.03%SABINE OIL & GAS 2/15/2017 0.03%SABINE PASS LIQU 3/15/2022 0.03%HILCORP ENERGY I 12/01/2024 0.03%ARCH COAL INC 6/15/2019 0.03%ARDAGH PKG FIN 10/15/2020 0.03%JM HUBER CORP 11/01/2019 0.03%SHELF DRILLING MIDCO TL 10/08/2018 0.03%INEOS GROUP HOLD 8/15/2018 0.03%STATION CASINOS 3/02/2020 0.03%DREAMWORKS ANIMA 8/15/2020 0.03%HUBBARD RADIO LLC (BL) 4/29/2019 0.03%DISH DBS CORP 5/01/2020 0.03%GEN MOTORS FIN 5/15/2018 0.03%TENET HEALTHCARE 8/01/2020 0.03%GRATON ECONOMIC DEVELOPMENT 8/22/2018 0.03%REGAL ENTERTAIN 3/15/2022 0.03%LYNX II CORP 4/15/2023 0.03%T-MOBILE USA INC 9/01/2018 0.03%Security% of PortfolioBE AEROSPACE INC 10/01/2020 0.03%CEMEX FINANCE 4/01/2024 0.03%SWIFT ENERGY CO 1/15/2020 0.03%ROYAL BK SCOTLND 0.03%ENERGY XXI GULF 6/15/2019 0.03%CYRUSONE LP/CYRU 11/15/2022 0.03%LOUISIANA-PACIFI 6/01/2020 0.03%AOT HOLDINGS (SERTA/SIMMONS 10/01/2019 0.03%KRATOS DEF & SEC 5/15/2019 0.03%HARLAND CLARKE 3/01/2021 0.03%IGATE CORP 4/15/2019 0.03%DANA HOLDING 9/15/2021 0.03%EXTERRAN PARTNER 10/01/2022 0.03%DONNELLEY & SONS 6/15/2020 0.03%VANTAGE ENERGY (BL) 12/20/2018 0.03%CEDAR FAIR LP/CA 3/15/2021 0.03%DIGITALGLOBE INC 2/01/2021 0.03%CONTL AIRLINES 9/01/2019 0.03%KODIAK OIL 2/01/2022 0.03%WINDSTREAM CORP 6/01/2022 0.03%CCRE CO LP/FIN C 2/15/2018 0.03%PENSKE AUTO GRP 10/01/2022 0.03%ALBERTSON'S INC 5/01/2031 0.03%BASIC ENERGY SVC 2/15/2019 0.03%SIRIUS XM RADIO 5/15/2020 0.03%ENERGY XXI GULF 12/15/2021 0.03%NOKIA OYJ 5/15/2039 0.03%DRILLSHIPS FINANCING HOLDIN 7/08/2021 0.03%HIL PART LP/CORP 10/01/2020 0.03%OFFSHORE GROUP I 11/01/2019 0.03%CIMAREX ENERGY 6/01/2024 0.03%STEEL DYNAMICS 8/15/2022 0.03%CONSTELLATION BR 5/01/2022 0.03%MCGRAW HILL EDUCATION 3/22/2019 0.03%TIME INC 4/15/2022 0.03%UNIVISION COMM.INC (BL) 3/01/2020 0.03%HARVEST OPERATIO 10/01/2017 0.03%SPRINT NEXTEL 11/15/2021 0.03%EXMAR NV 7/07/2017 0.03%AMD 8/15/2022 0.03%MATTAMY GROUP 11/15/2020 0.03%WESTMORELAND CO 2/01/2018 0.03%SPRINT CORP 9/15/2021 0.03%MORGAN STANLEY 7/15/2019 0.03%WARNER MUSIC GROUP(BL) 7/01/2020 0.03%GRATON ECONOMIC 9/01/2019 0.03%KGHM INTL 6/15/2019 0.03%INVENTIV HEALTH 1/15/2018 0.03%COMSTOCK RES INC 4/01/2019 0.03%CLOUD PEAK ENRGY 3/15/2024 0.02%ENERGY FUTURE INTERMEDIATE 6/12/2016 0.02%CENTURY COMMUNIT 5/15/2022 0.02%WINDSTREAM CORP 10/01/2021 0.02%CONSOL ENERGY 4/01/2020 0.02%AST Portfolio Holdings233 of 635

AST High Yield Portfolio (continued)Security% of PortfolioSUMMIT MID HLD / 7/01/2021 0.02%TENET HEALTHCARE 6/01/2020 0.02%APERAM 4/01/2016 0.02%RHP HOTEL PPTY 4/15/2021 0.02%BASIC ENERGY SVC 10/15/2022 0.02%SERVICE CORP 1/15/2022 0.02%BLUESCOPE STL LT 5/01/2018 0.02%J CREW 3/05/2021 0.02%MOHEGAN TRIBAL GAMING AUTHO 11/19/2019 0.02%BALL CORP 11/15/2023 0.02%ARCH COAL INC 10/01/2020 0.02%CCO HOLDINGS LLC 2/15/2023 0.02%AOT HOLDINGS (SERTA/SIMMONS 10/01/2019 0.02%OMNOVA SOLUTIONS 11/01/2018 0.02%WELLS ENTERPRISE 2/01/2020 0.02%CINC BELL INC 10/15/2020 0.02%MCCC-CALL 8/15/2019 0.02%ENDO FINANCE LLC 12/15/2020 0.02%TOLL BR FIN CORP 12/31/2018 0.02%SHINGLE SPRINGS 9/01/2021 0.02%R.H. DONNELLEY INC 12/31/2016 0.02%ALBERTSON'S INC 5/01/2030 0.02%AMSURG CORP 11/30/2020 0.02%LEVEL 3 FIN INC 6/01/2020 0.02%ANTERO RESOURCES 11/01/2021 0.02%SPRINT NEXTEL 3/01/2020 0.02%T-MOBILE USA INC 4/28/2019 0.02%INVENTIV HEALTH 5/15/2018 0.02%CERIDIAN CORP 7/15/2019 0.02%DELUXE CORP 3/15/2019 0.02%MRT MID PART/FIN 2/15/2021 0.02%CDW CORPORATION (BL) 4/29/2020 0.02%JEFFERIES FIN LL 4/01/2020 0.02%CONSTELLIUM NV 5/15/2024 0.02%IRON MOUNTAIN 8/15/2024 0.02%UNIVISION COMM 5/15/2023 0.02%COVANTA HOLDING 3/01/2024 0.02%NORBORD INC 12/01/2020 0.02%T-MOBILE USA INC 1/15/2024 0.02%DOWNSTREAM DEVEL 7/01/2019 0.02%VIRGIN MEDIA FIN 10/15/2019 0.02%AMSTED INDS 3/15/2022 0.02%ALCOA INC 2/23/2022 0.02%SPIRIT AEROSYSTE 3/15/2022 0.02%NAVIOS MARITIME (BL) TL B 6/27/2018 0.02%J CREW 3/05/2021 0.02%INEOS GROUP HOLD 2/15/2019 0.02%LYONDELLBASELL 11/15/2021 0.02%SIRIUS XM RADIO 5/15/2023 0.02%FLY LEASING LTD 12/15/2020 0.02%TEXAS COMPETITIVE ELECTRIC 5/12/2016 0.02%SUNGARD DATA SYS 11/15/2020 0.02%CERIDIAN CORP (BL) 8/14/2015 0.02%CONSTELLATION BR 5/01/2021 0.02%Security% of PortfolioAMER AXLE & MFG 11/15/2019 0.02%TEXAS COMPETITIVE ELECTRIC 5/12/2016 0.02%ENTEGRIS INC 4/01/2022 0.02%US WEST CAP FDG 7/15/2028 0.02%MTL PUBLISHING (BL) 6/29/2018 0.02%CHESAPEAKE ENRGY 3/15/2016 0.02%R.H. DONNELLEY INC 12/31/2016 0.02%SAPPI PAPIER HOL 6/15/2019 0.02%J CREW 3/05/2021 0.02%BELDEN INC 7/15/2024 0.02%ALTICE FINCO SA 1/15/2024 0.02%MICRON TECH 2/15/2022 0.02%SUMMIT MID HLD / 8/15/2022 0.02%GRAPHIC PACKAGE 10/01/2018 0.02%HIL PART LP/CORP 5/15/2022 0.02%AMKOR TECH INC 10/01/2022 0.02%ALON USA PARTNERS, LP 11/26/2018 0.02%XO COMMUNICATIONS 3/20/2021 0.02%NXP BV/NXP FUNDI 3/15/2023 0.02%HILTON WORLDWIDE FINANCE LL 10/25/2020 0.02%FIRST CASH FINL 4/01/2021 0.02%REGAL ENTERTAIN 6/15/2023 0.02%NXP BV/NXP FUNDI 9/15/2016 0.02%ADT CORP 7/15/2022 0.02%ENTERCOM RADIO, LLC 11/23/2018 0.02%TRIUMPH GROUP 6/01/2022 0.02%OZBURN-HESSEY LOGISTICS (BL 5/23/2019 0.02%NOVA CHEMICALS 8/01/2023 0.02%ZAYO GROUP (BL) 7/02/2019 0.02%HCA INC 2/15/2020 0.02%WCI COMMUNITIE 8/15/2021 0.02%INTRAWEST 12/09/2020 0.02%SIRIUS XM RADIO 10/01/2020 0.01%TW TELECOM HLDS 9/01/2023 0.01%RITE AID CORP. (BL) 8/21/2020 0.01%LEVEL 3 FIN INC 1/15/2018 0.01%ARTESYN ESCROW 10/15/2020 0.01%J CREW 3/05/2021 0.01%AMD 8/01/2020 0.01%WHITING PETRO 3/15/2019 0.01%FELCOR LODGING 10/01/2014 0.01%AVIS BUDGET CAR 3/15/2020 0.01%COMMUNITY CHOICE 5/01/2019 0.01%STANDRD PAC CORP 12/15/2021 0.01%COGECO CABLE 5/01/2020 0.01%AZ CHEM US INC. (ARIZONA CH 6/15/2021 0.01%BAYTEX ENERGY 6/01/2021 0.01%ST. GEORGE'S UNIVERSITY/ 12/20/2017 0.01%BAYTEX ENERGY 6/01/2024 0.01%UNIVERSAL HLTH S 8/01/2022 0.01%ENDO FINANCE LLC 1/15/2022 0.01%PAETEC HOLDING 12/01/2018 0.01%VAIL RESORTS 5/01/2019 0.01%AOT HOLDINGS (SERTA/SIMMONS 10/01/2019 0.01%AST Portfolio Holdings234 of 635

AST High Yield Portfolio (continued)Security% of PortfolioPRESTIGE BRANDS 2/01/2020 0.01%OCI BEAUMONT 8/20/2019 0.01%LENNAR CORP 6/01/2018 0.01%SM ENERGY CO 1/01/2023 0.01%NEP BROADCASTING (BL) 7/22/2020 0.01%NCR CORP 12/15/2023 0.01%BOMBARDIER INC 3/15/2020 0.01%HT INTER HLD COR 5/15/2019 0.01%CPG MERGER SUB 10/01/2021 0.01%PVR PARTNERS LP 5/15/2021 0.01%CBS OUT AMER CAP 2/15/2022 0.01%PIONEER DRILL 3/15/2018 0.01%LENNAR CORP 6/15/2019 0.01%FRESENIUS MED 1/31/2022 0.01%HERTZ CORP 4/15/2019 0.01%EUROPEAN CURRENCY 0.01%PPL ENERGY SUPPL 12/15/2021 0.01%AIRCASTLE LTD 12/01/2019 0.01%NATIONSTAR MORT/ 6/01/2022 0.01%TW TELECOM HLDS 10/01/2022 0.01%KENNEDY-WILSON 4/01/2024 0.01%DISH DBS CORP 9/01/2019 0.01%K HOVNANIAN ENTR 1/15/2019 0.01%US AIR 2013-1B 11/15/2021 0.01%NCR CORP 7/15/2022 0.01%ASCENSUS INC 11/15/2020 0.01%DOLE FOOD COMPANY 11/01/2018 0.01%DOLE FOOD COMPANY(BL) 11/01/2018 0.01%DOLE FOOD COMPANY (BL) 11/01/2018 0.01%DOLE FOOD COMPANY(BL) 11/01/2018 0.01%DOLE FOOD COMPANY(BL) 11/01/2018 0.01%DOLE FOOD COMPANY (BL) 11/01/2018 0.01%DOLE FOOD COMPANY (BL) 11/01/2018 0.01%UNIVERSAL HLTH S 8/01/2019 0.01%AMER INTL GROUP 5/15/2058 0.01%HUDBAY MINERALS 10/01/2020 0.01%RESOLUTE FOREST 5/15/2023 0.01%COMMERCIAL METAL 8/15/2018 0.01%QUIKRETE HOLDINGS INC 3/26/2021 0.01%TWCC HOLDING CORP 2/13/2017 0.01%ALERIS INTL 2/15/2018 0.01%NAVIOS MARIT 11/15/2021 0.01%POST HOLDINGS IN 12/15/2022 0.01%ROYAL BK SCOTLND 0.01%INTEGRA TELECOM HLDG INC (B 2/06/2019 0.01%COMMSCOPE INC 6/15/2024 0.01%HILTON WORLDWIDE FINANCE LL 10/25/2020 0.01%COMMSCOPE INC 6/15/2021 0.01%CLEAR CHANNEL 3/01/2021 0.01%INTEGRA TELECOM HLDG INC (B 2/22/2019 0.01%SBA TELECOM INC 7/15/2020 0.01%CIT GROUP INC 2/19/2019 0.01%REGAL ENTERTAIN 2/01/2025 0.01%TOLL BR FIN CORP 11/01/2019 0.01%Security% of PortfolioSTANDRD PAC CORP 9/15/2016 0.01%CEVA GROUP PLC 3/19/2021 0.01%FRONTIER COMM 4/15/2022 0.01%ROYAL CARIBBEAN 10/15/2027 < 0.01%ROSETTA RESOURCE 6/01/2024 < 0.01%MASCO CORP 3/15/2020 < 0.01%MTL PUBLISHING (BL) 6/29/2018 < 0.01%LEVEL 3 FIN INC 4/01/2019 < 0.01%REALOGY CORP 10/10/2016 < 0.01%CEVA LOGISTICS U.S. HOLDING 3/19/2021 < 0.01%DOLE FOOD COMPANY (BL) 11/01/2018 < 0.01%CEVA LOGISTICS U.S. HOLDING 3/19/2021 < 0.01%NATIONSTAR MORT/ 10/01/2020 < 0.01%CINCINNATI BELL (TL) 9/10/2020 < 0.01%CINCINNATI BELL (TL) 9/10/2020 < 0.01%CINCINNATI BELL (TL) 9/10/2020 < 0.01%SEMGROUP CO-CW14 < 0.01%AOT HOLDINGS (SERTA/SIMMONS 10/01/2019 < 0.01%EMERALD PERFORMANCE MATERIA 7/22/2015 < 0.01%ALBERTSON'S INC 6/01/2028 < 0.01%AOT HOLDINGS (SERTA/SIMMONS 10/01/2019 < 0.01%MASCO CORP 3/15/2017 < 0.01%ATTACHMATE CORP BL 11/22/2017 < 0.01%ENTERCOM RADIO, LLC 11/23/2018 < 0.01%ENTERCOM RADIO, LLC 11/23/2018 < 0.01%ENTERCOM RADIO, LLC 11/23/2018 < 0.01%CEVA LOGISTICS U.S. HOLDING 3/19/2021 < 0.01%HILTON WORLDWIDE FINANCE LL 10/26/2020 < 0.01%PINNACLE FOODS FINANCE LLC 4/29/2020 < 0.01%GENERAL MARITIME < 0.01%VERTIS INC (BL) 12/21/2015 < 0.01%S FRWD EUR 8/22/2014 < 0.01%OMNICARE INC 6/01/2020 < 0.01%AES IRONWOOD LLC 11/30/2025 < 0.01%DOLE FOOD COMPANY 11/01/2018 < 0.01%SEMGROUP L.P ESCROW . < 0.01%GENERAL MOTORS CO < 0.01%NORWEGIAN KRONE < 0.01%DYNEGY ROSETON LLC / DYNEGY 12/02/2099 < 0.01%DYNEGY HOLDINGS ESCROW 6/01/2099 < 0.01%DYNEGY HOLDINGS ESCROW 5/15/2099 < 0.01%CANADIAN DOLLAR < 0.01%GENERAL MARITIME < 0.01%NEEBO B WARRANTS < 0.01%NEEBO WARRANTS < 0.01%AST Portfolio Holdings235 of 635

AST International Growth PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 2.63%ROCHE HOLDING AG-GENUSSCHEI 2.53%KEYENCE CORP 1.91%SMC CORP 1.88%SIKA AG-BR 1.62%FANUC CORP 1.53%SUNCOR ENERGY INC 1.46%GIVAUDAN-REG 1.42%CONTINENTAL AG 1.42%ALIMENTATION COUCHE-TARD -B 1.33%CHECK POINT SOFTWARE TECH 1.27%KANSAI PAINT CO LTD 1.25%PARTNERS GROUP HOLDING AG 1.17%ST JAMES'S PLACE PLC 1.14%SGS SA-REG 1.14%SAMSUNG ELECTRONICS CO LTD 1.13%REED ELSEVIER PLC 1.11%TOYOTA MOTOR CORP 1.11%BRENNTAG AG 1.10%BUNZL PLC 1.10%COMPASS GROUP 1.08%NOVARTIS AG-REG 1.08%SANOFI 1.05%ASML HOLDING NV 1.01%SODEXO 1.00%AMLIN PLC 0.97%VINCI SA 0.95%BEZEQ THE ISRAELI TELECOM C 0.94%DEUTSCHE BOERSE AG 0.92%ERICSSON LM-B SHS 0.91%TENCENT HOLDINGS LTD 0.89%BROOKFIELD ASSET MANAGE-CL 0.88%SCHNEIDER ELECTRIC SE 0.87%AON PLC 0.87%INTESA SANPAOLO 0.87%DAIKIN INDUSTRIES LTD 0.86%HENKEL AG & CO KGAA VORZUG 0.86%AKZO NOBEL 0.85%LINDE AG 0.84%SOFTBANK CORP 0.84%ORIX CORP 0.82%BANK OF NOVA SCOTIA 0.82%REXEL SA 0.81%CAPITA PLC 0.81%TATA MOTORS LTD 0.80%TALKTALK TELECOM GROUP 0.80%BANK RAKYAT INDONESIA PERSE 0.79%TOTAL SA 0.79%CSL LTD 0.79%ASTELLAS PHARMA INC 0.78%SAMPO OYJ-A SHS 0.77%CAP GEMINI 0.77%NIELSEN HOLDINGS 0.76%PUBLICIS GROUPE 0.76%Security% of PortfolioPRUDENTIAL PLC 0.76%SANTEN PHARMACEUTICAL CO LT 0.76%GEBERIT AG-REG 0.75%ACTELION LTD-REG 0.75%JYSKE BANK-REG 0.74%DNB ASA 0.73%BAYERISCHE MOTOREN WERKE AG 0.73%VOLKSWAGEN AG-PREF 0.73%ATLAS COPCO AB-A SHS 0.73%PICC PROPERTY & CASUALTY -H 0.72%COLOPLAST-B 0.72%BAYER AG-REG 0.70%SABMILLER PLC 0.68%AIA GROUP LTD 0.68%NORDEA BANK AB 0.68%SECOM CO LTD 0.68%SHAWCOR LTD 0.67%KONINKLIJKE AHOLD NV 0.66%SUMITOMO MITSUI FINANCIAL G 0.65%BNP PARIBAS 0.65%MGM CHINA HOLDINGS LTD 0.64%ANDRITZ AG 0.64%BAIDU INC - SPON ADR 0.64%SONOVA HOLDING AG-REG 0.63%SAP SE-SPONSORED ADR 0.63%LAWSON INC 0.63%KAO CORP 0.62%BRAMBLES LTD 0.62%MIRACA HOLDINGS INC 0.61%HOWDEN JOINERY GROUP PLC 0.60%SULZER AG-REG 0.60%DISCOVERY LTD 0.60%JARDINE MATHESON 0.59%ARKEMA 0.58%DAITO TRUST CONSTRUCT CO LT 0.58%CI FINANCIAL CORP 0.57%TEVA PHARMACEUTICAL-SP ADR 0.57%AGRIUM INC 0.56%AMADEUS IT HOLDING SA-A SHS 0.56%TRAVIS PERKINS PLC 0.56%NOVO NORDISK A/S-B 0.55%MEDIATEK INC 0.55%JULIUS BAER GROUP LTD 0.53%BIDVEST GROUP LTD 0.53%TELENOR ASA 0.52%BG GROUP PLC 0.52%UBS AG-REG 0.49%AZIMUT HOLDING SPA 0.48%HOYA CORP 0.48%COLRUYT SA 0.47%CENOVUS ENERGY INC 0.46%INTERCONTINENTAL HOTELS GRO 0.46%BERKELEY GROUP HOLDINGS 0.46%HOUSING DEVELOPMENT FINANCE 0.45%AST Portfolio Holdings236 of 635

AST International Growth Portfolio (continued)Security% of PortfolioUNITED OVERSEAS BANK LTD 0.45%SUGI HOLDINGS CO LTD 0.44%FUJI HEAVY INDUSTRIES LTD 0.43%NXP SEMICONDUCTORS NV 0.43%CANADIAN PACIFIC RAILWAY LT 0.43%VALEO SA 0.42%BABCOCK INTL GROUP PLC 0.41%TULLOW OIL PLC 0.40%JUPITER FUND MANAGEMENT 0.39%ADECCO SA-REG 0.38%JOHNSON MATTHEY PLC 0.37%KROTON EDUCACIONAL SA 0.37%CIELO SA 0.36%PERNOD RICARD SA 0.36%CANADIAN PACIFIC RAILWAY LT 0.34%ELEKTA AB-B SHS 0.29%RATIONAL AG 0.29%SOUFUN HOLDINGS LTD-ADR 0.21%HERO MOTOCORP LTD 0.20%ARM HOLDINGS PLC 0.19%TAIWAN DOLLAR 0.16%START TODAY CO LTD 0.15%CIE FINANCIERE RICHEMON-REG 0.14%RYANAIR HOLDINGS PLC-SP ADR 0.11%IMI PLC 0.10%UNILEVER PLC 0.05%INDIAN RUPEE 0.03%S SPOT GBP 8/01/2014 < 0.01%S SPOT CHF 8/04/2014 < 0.01%S SPOT GBP 8/04/2014 < 0.01%UK POUND STERLING < 0.01%S SPOT CHF 8/05/2014 < 0.01%L SPOT JPY 1 8/04/2014 < 0.01%L SPOT SEK 8/01/2014 < 0.01%AST Portfolio Holdings237 of 635

AST International Growth PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 2.63%ROCHE HOLDING AG-GENUSSCHEI 2.53%KEYENCE CORP 1.91%SMC CORP 1.88%SIKA AG-BR 1.62%FANUC CORP 1.53%SUNCOR ENERGY INC 1.46%GIVAUDAN-REG 1.42%CONTINENTAL AG 1.42%ALIMENTATION COUCHE-TARD -B 1.33%CHECK POINT SOFTWARE TECH 1.27%KANSAI PAINT CO LTD 1.25%PARTNERS GROUP HOLDING AG 1.17%ST JAMES'S PLACE PLC 1.14%SGS SA-REG 1.14%SAMSUNG ELECTRONICS CO LTD 1.13%REED ELSEVIER PLC 1.11%TOYOTA MOTOR CORP 1.11%BRENNTAG AG 1.10%BUNZL PLC 1.10%COMPASS GROUP 1.08%NOVARTIS AG-REG 1.08%SANOFI 1.05%ASML HOLDING NV 1.01%SODEXO 1.00%AMLIN PLC 0.97%VINCI SA 0.95%BEZEQ THE ISRAELI TELECOM C 0.94%DEUTSCHE BOERSE AG 0.92%ERICSSON LM-B SHS 0.91%TENCENT HOLDINGS LTD 0.89%BROOKFIELD ASSET MANAGE-CL 0.88%SCHNEIDER ELECTRIC SE 0.87%AON PLC 0.87%INTESA SANPAOLO 0.87%DAIKIN INDUSTRIES LTD 0.86%HENKEL AG & CO KGAA VORZUG 0.86%AKZO NOBEL 0.85%LINDE AG 0.84%SOFTBANK CORP 0.84%ORIX CORP 0.82%BANK OF NOVA SCOTIA 0.82%REXEL SA 0.81%CAPITA PLC 0.81%TATA MOTORS LTD 0.80%TALKTALK TELECOM GROUP 0.80%BANK RAKYAT INDONESIA PERSE 0.79%TOTAL SA 0.79%CSL LTD 0.79%ASTELLAS PHARMA INC 0.78%SAMPO OYJ-A SHS 0.77%CAP GEMINI 0.77%NIELSEN HOLDINGS 0.76%PUBLICIS GROUPE 0.76%Security% of PortfolioPRUDENTIAL PLC 0.76%SANTEN PHARMACEUTICAL CO LT 0.76%GEBERIT AG-REG 0.75%ACTELION LTD-REG 0.75%JYSKE BANK-REG 0.74%DNB ASA 0.73%BAYERISCHE MOTOREN WERKE AG 0.73%VOLKSWAGEN AG-PREF 0.73%ATLAS COPCO AB-A SHS 0.73%PICC PROPERTY & CASUALTY -H 0.72%COLOPLAST-B 0.72%BAYER AG-REG 0.70%SABMILLER PLC 0.68%AIA GROUP LTD 0.68%NORDEA BANK AB 0.68%SECOM CO LTD 0.68%SHAWCOR LTD 0.67%KONINKLIJKE AHOLD NV 0.66%SUMITOMO MITSUI FINANCIAL G 0.65%BNP PARIBAS 0.65%MGM CHINA HOLDINGS LTD 0.64%ANDRITZ AG 0.64%BAIDU INC - SPON ADR 0.64%SONOVA HOLDING AG-REG 0.63%SAP SE-SPONSORED ADR 0.63%LAWSON INC 0.63%KAO CORP 0.62%BRAMBLES LTD 0.62%MIRACA HOLDINGS INC 0.61%HOWDEN JOINERY GROUP PLC 0.60%SULZER AG-REG 0.60%DISCOVERY LTD 0.60%JARDINE MATHESON 0.59%ARKEMA 0.58%DAITO TRUST CONSTRUCT CO LT 0.58%CI FINANCIAL CORP 0.57%TEVA PHARMACEUTICAL-SP ADR 0.57%AGRIUM INC 0.56%AMADEUS IT HOLDING SA-A SHS 0.56%TRAVIS PERKINS PLC 0.56%NOVO NORDISK A/S-B 0.55%MEDIATEK INC 0.55%JULIUS BAER GROUP LTD 0.53%BIDVEST GROUP LTD 0.53%TELENOR ASA 0.52%BG GROUP PLC 0.52%UBS AG-REG 0.49%AZIMUT HOLDING SPA 0.48%HOYA CORP 0.48%COLRUYT SA 0.47%CENOVUS ENERGY INC 0.46%INTERCONTINENTAL HOTELS GRO 0.46%BERKELEY GROUP HOLDINGS 0.46%HOUSING DEVELOPMENT FINANCE 0.45%AST Portfolio Holdings238 of 635

AST International Growth Portfolio (continued)Security% of PortfolioUNITED OVERSEAS BANK LTD 0.45%SUGI HOLDINGS CO LTD 0.44%FUJI HEAVY INDUSTRIES LTD 0.43%NXP SEMICONDUCTORS NV 0.43%CANADIAN PACIFIC RAILWAY LT 0.43%VALEO SA 0.42%BABCOCK INTL GROUP PLC 0.41%TULLOW OIL PLC 0.40%JUPITER FUND MANAGEMENT 0.39%ADECCO SA-REG 0.38%JOHNSON MATTHEY PLC 0.37%KROTON EDUCACIONAL SA 0.37%CIELO SA 0.36%PERNOD RICARD SA 0.36%CANADIAN PACIFIC RAILWAY LT 0.34%ELEKTA AB-B SHS 0.29%RATIONAL AG 0.29%SOUFUN HOLDINGS LTD-ADR 0.21%HERO MOTOCORP LTD 0.20%ARM HOLDINGS PLC 0.19%TAIWAN DOLLAR 0.16%START TODAY CO LTD 0.15%CIE FINANCIERE RICHEMON-REG 0.14%RYANAIR HOLDINGS PLC-SP ADR 0.11%IMI PLC 0.10%UNILEVER PLC 0.05%INDIAN RUPEE 0.03%S SPOT GBP 8/01/2014 < 0.01%S SPOT CHF 8/04/2014 < 0.01%S SPOT GBP 8/04/2014 < 0.01%UK POUND STERLING < 0.01%S SPOT CHF 8/05/2014 < 0.01%L SPOT JPY 1 8/04/2014 < 0.01%L SPOT SEK 8/01/2014 < 0.01%AST Portfolio Holdings239 of 635

AST International Value PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 3.11%NOVARTIS AG-REG 1.87%TOTAL SA 1.61%ROYAL DUTCH SHELL PLC-B SHS 1.51%ASTRAZENECA PLC 1.29%TOYOTA MOTOR CORP 1.25%NESTLE SA-REG 1.08%BT GROUP PLC 1.08%RECKITT BENCKISER GROUP PLC 1.05%BP PLC 1.04%ING GROEP NV-CVA 1.03%NIPPON TELEGRAPH & TELEPHON 1.01%ROCHE HOLDING AG-GENUSSCHEI 0.99%NOVO NORDISK A/S-B 0.98%AVIVA PLC 0.95%MITSUBISHI UFJ FINANCIAL GR 0.93%AIA GROUP LTD 0.92%LVMH MOET HENNESSY LOUIS VU 0.92%MICHELIN (CGDE) 0.91%CHINA MOBILE LTD 0.86%ACTAVIS PLC 0.82%KUBOTA CORP 0.80%EXPERIAN PLC 0.80%KINGFISHER PLC 0.79%PUBLICIS GROUPE 0.73%UBS AG-REG 0.72%ACCENTURE PLC-CL A 0.69%FRESENIUS MEDICAL CARE AG & 0.69%SWISS RE AG 0.68%BANCO BILBAO VIZCAYA ARGENT 0.67%DAIMLER AG-REGISTERED SHARE 0.67%MASTERCARD INC-CLASS A 0.65%SANDS CHINA LTD 0.64%SUMITOMO MITSUI TRUST HOLDI 0.64%LEND LEASE GROUP 0.62%HONG KONG EXCHANGES & CLEAR 0.62%SABMILLER PLC 0.62%FANUC CORP 0.61%ANHEUSER-BUSCH INBEV NV 0.61%CANADIAN NATL RAILWAY CO 0.61%CREDIT SUISSE GROUP AG-REG 0.61%HSBC HOLDINGS PLC 0.59%GAS NATURAL SDG SA 0.59%BAIDU INC - SPON ADR 0.58%TAIWAN SEMICONDUCTOR-SP ADR 0.57%BAE SYSTEMS PLC 0.57%LIBERTY GLOBAL-C 0.57%RESONA HOLDINGS INC 0.56%MITSUI & CO LTD 0.56%ZURICH INSURANCE GROUP AG 0.56%VOLKSWAGEN AG 0.55%THALES SA 0.55%VALEO SA 0.54%SCHLUMBERGER LTD 0.53%Security% of PortfolioIND & COMM BK OF CHINA-H 0.53%MITSUBISHI ESTATE CO LTD 0.53%ALLIANZ SE-REG 0.52%JAPAN TOBACCO INC 0.51%ADIDAS AG 0.50%ASML HOLDING NV 0.50%KONINKLIJKE AHOLD NV 0.50%STANDARD CHARTERED PLC 0.50%AMADEUS IT HOLDING SA-A SHS 0.49%DEUTSCHE BANK AG-REGISTERED 0.49%DBS GROUP HOLDINGS LTD 0.49%HENNES & MAURITZ AB-B SHS 0.49%CARNIVAL PLC 0.48%RIO TINTO LTD 0.48%TENCENT HOLDINGS LTD 0.48%NATIONAL AUSTRALIA BANK LTD 0.47%ACCOR SA 0.47%JULIUS BAER GROUP LTD 0.47%NTT DOCOMO INC 0.46%ENSCO PLC-CL A 0.45%KDDI CORP 0.45%SOFTBANK CORP 0.44%TESCO PLC 0.44%KONE OYJ-B 0.44%HOLCIM LTD-REG 0.43%BALOISE HOLDING AG - REG 0.43%AIR LIQUIDE SA 0.43%COMPASS GROUP 0.43%LULULEMON ATHLETICA INC 0.43%INTESA SANPAOLO 0.43%NORDEA BANK AB 0.43%STATOIL ASA 0.42%BNP PARIBAS 0.42%DELHAIZE GROUP 0.42%BURBERRY GROUP PLC 0.41%ENEL SPA 0.41%ENI SPA 0.41%OMV AG 0.41%CHALLENGER LTD 0.40%SAINSBURY (J) PLC 0.40%SWISS LIFE HOLDING AG-REG 0.39%SUMITOMO MITSUI FINANCIAL G 0.38%YARA INTERNATIONAL ASA 0.38%EDF 0.37%KONINKLIJKE PHILIPS NV 0.37%AXA SA 0.37%TELIASONERA AB 0.37%YUM! BRANDS INC 0.37%AP MOELLER-MAERSK A/S-B 0.37%SWEDBANK AB - A SHARES 0.37%BENDIGO AND ADELAIDE BANK 0.37%RIO TINTO PLC 0.36%SANOFI 0.36%REPSOL SA 0.36%AST Portfolio Holdings240 of 635

AST International Value Portfolio (continued)Security% of PortfolioHANNOVER RUECK SE 0.35%MITSUBISHI CORP 0.35%CENTRICA PLC 0.34%MIZUHO FINANCIAL GROUP INC 0.34%SVENSKA CELLULOSA AB SCA-B 0.34%ERICSSON LM-B SHS 0.34%RHEINMETALL AG 0.34%FREENET AG 0.33%SUMITOMO CORP 0.33%INTERMEDIATE CAPITAL GROUP 0.33%BARCLAYS PLC 0.33%MUENCHENER RUECKVER AG-REG 0.33%MARUBENI CORP 0.32%RENAULT SA 0.31%EDP-ENERGIAS DE PORTUGAL SA 0.31%AOZORA BANK LTD 0.31%CREDIT AGRICOLE SA 0.31%BANCO SANTANDER SA 0.31%TELEFONICA SA 0.31%CENTRAL JAPAN RAILWAY CO 0.31%ANGLO AMERICAN PLC 0.31%YUE YUEN INDUSTRIAL HLDG 0.31%SECURITAS AB-B SHS 0.31%SOCIETE GENERALE SA 0.31%WEST JAPAN RAILWAY CO 0.30%MARINE HARVEST 0.30%CHEUNG KONG HOLDINGS LTD 0.30%WM MORRISON SUPERMARKETS 0.29%ACS ACTIVIDADES CONS Y SERV 0.29%CONTINENTAL AG 0.29%NISSAN MOTOR CO LTD 0.28%FISCHER (GEORG)-REG 0.28%OTSUKA HOLDINGS CO LTD 0.28%PEARSON PLC 0.28%BANDAI NAMCO HOLDINGS INC 0.28%RWE AG 0.28%ELBIT SYSTEMS LTD 0.28%CNP ASSURANCES 0.27%BUCHER INDUSTRIES AG-REG 0.27%REXAM PLC 0.27%BASF SE 0.26%DAIHATSU MOTOR CO LTD 0.26%AMEC PLC 0.26%SEINO HOLDINGS CO LTD 0.26%TEVA PHARMACEUTICAL IND LTD 0.26%DOWNER EDI LTD 0.25%DNB ASA 0.25%MONDI PLC 0.25%SCOR SE 0.25%E.ON SE 0.24%VOESTALPINE AG 0.24%TOLL HOLDINGS LTD 0.24%KYOWA EXEO CORP 0.23%LONZA GROUP AG-REG 0.23%Security% of PortfolioAEGON NV 0.23%WPP PLC 0.23%TATE & LYLE PLC 0.23%BEAZLEY PLC 0.23%HELVETIA HOLDING AG-REG 0.22%YOKOHAMA RUBBER CO LTD 0.22%SANKYU INC 0.22%CALSONIC KANSEI CORP 0.22%GO-AHEAD GROUP PLC 0.22%STADA ARZNEIMITTEL AG 0.21%SMURFIT KAPPA GROUP PLC 0.21%SUMITOMO METAL MINING CO LT 0.21%ALSTOM 0.21%TOAGOSEI CO LTD 0.21%BANK OF YOKOHAMA LTD/THE 0.21%DMG MORI SEIKI AG-BR 0.20%OLD MUTUAL PLC 0.20%ASAHI KASEI CORP 0.20%SHIMACHU CO LTD 0.20%SKY PERFECT JSAT HOLDINGS 0.20%FORTESCUE METALS GROUP LTD 0.20%BOLIDEN AB 0.20%PACE PLC 0.20%CARILLION PLC 0.20%VIVENDI 0.20%AUTOBACS SEVEN CO LTD 0.19%FIRST PACIFIC CO 0.19%GLAXOSMITHKLINE PLC 0.19%TELECOM ITALIA SPA 0.19%BANK HAPOALIM BM 0.19%SKY NETWORK TELEVISION LTD 0.19%FUYO GENERAL LEASE CO LTD 0.19%TOKYO ELECTRON LTD 0.18%TIETO OYJ 0.18%PETROFAC LTD 0.18%HUABAO INTERNATIONAL HOLDIN 0.17%POLY PROPERTY GROUP CO LTD 0.17%FUKUOKA FINANCIAL GROUP INC 0.17%METCASH LTD 0.16%HEIWA CORP 0.16%MORINAGA MILK INDUSTRY CO 0.16%3I GROUP PLC 0.16%TSUMURA & CO 0.16%MYER HOLDINGS LTD 0.16%NISHI-NIPPON CITY BANK LTD 0.15%PARGESA HOLDING SA-BR 0.15%PRIMARY HEALTH CARE LTD 0.15%KEIYO BANK LTD/THE 0.15%VESUVIUS PLC 0.15%AOYAMA TRADING CO LTD 0.15%DANIELI & CO 0.15%DEBENHAMS PLC 0.14%ARKEMA 0.14%MINERAL RESOURCES LTD 0.14%AST Portfolio Holdings241 of 635

AST International Value Portfolio (continued)Security% of PortfolioSKYWORTH DIGITAL HLDGS LTD 0.14%EMBRAER SA-ADR 0.14%MICRO FOCUS INTERNATIONAL 0.13%TOHO HOLDINGS CO LTD 0.13%NOF CORP 0.13%KEIHIN CORP 0.13%KYORIN HOLDINGS INC 0.13%MARSTON'S PLC 0.13%EASYJET PLC 0.13%KINGBOARD CHEMICAL HOLDINGS 0.13%AIR NEW ZEALAND LTD 0.12%RENGO CO LTD 0.12%SHOUGANG FUSHAN RESOURCES G 0.12%ALFRESA HOLDINGS CORP 0.11%TOPPAN FORMS CO LTD 0.11%TSURUHA HOLDINGS INC 0.11%DAH SING FINANCIAL HOLDINGS 0.11%ARRIUM LTD 0.11%FRED OLSEN ENERGY ASA 0.10%LEGAL & GENERAL GROUP PLC 0.10%SHIZUOKA GAS CO LTD 0.10%SEVEN GROUP HOLDINGS LTD 0.10%NICHII GAKKAN CO 0.10%DAIRY CREST GROUP PLC 0.09%ALENT PLC 0.09%BRADKEN LTD 0.09%VARD HOLDINGS LTD 0.09%HONG LEONG ASIA LTD 0.09%JX HOLDINGS INC 0.09%GRAINCORP LTD-A 0.09%S FRWD EUR 10/28/2014 0.09%ORIFLAME COSMETICS SA-SDR 0.08%AURUBIS AG 0.08%UNY GROUP HOLDINGS CO LTD 0.08%AGFA-GEVAERT NV 0.07%HOGY MEDICAL CO LTD 0.07%TULLETT PREBON PLC 0.07%DARTY PLC 0.07%MOUNT GIBSON IRON LTD 0.07%SINGAPORE DOLLAR 0.07%PACIFIC BRANDS LTD 0.06%SWEDISH KRONA 0.06%AMERICA MOVIL-ADR SERIES L 0.06%EUROPEAN CURRENCY 0.06%HONG KONG DOLLAR 0.05%FORBO HOLDING AG-REG 0.04%S FRWD JPY 1 10/02/2014 0.04%KINGSGATE CONSOLIDATED LTD 0.03%AUSDRILL LTD 0.03%BOART LONGYEAR LTD 0.02%ISRAELI SHEKEL 0.01%UK POUND STERLING 0.01%ST BARBARA LTD 0.01%AUSTRALIAN DOLLAR 0.01%Security% of PortfolioPREMIER FOODS PLC 0.01%ELBIT SYSTEMS LTD < 0.01%PERMANENT TSB GROUP HOLDING < 0.01%S FRWD SGD 8/01/2014 < 0.01%S SPOT GBP 8/04/2014 < 0.01%S FRWD CHF 8/04/2014 < 0.01%DANISH KRONE < 0.01%S SPOT CND 8/05/2014 < 0.01%JAPANESE YEN < 0.01%S SPOT HK 8/01/2014 < 0.01%SWISS FRANC < 0.01%L SPOT GBP 8/04/2014 < 0.01%S SPOT EUR 8/04/2014 < 0.01%L FRWD JPY 8/01/2014 < 0.01%S SPOT CHF 8/05/2014 < 0.01%L SPOT JPY 1 8/04/2014 < 0.01%L SPOT GBP 8/01/2014 < 0.01%L SPOT JPY 1 8/01/2014 < 0.01%AST Portfolio Holdings242 of 635

AST International Value PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 3.11%NOVARTIS AG-REG 1.87%TOTAL SA 1.61%ROYAL DUTCH SHELL PLC-B SHS 1.51%ASTRAZENECA PLC 1.29%TOYOTA MOTOR CORP 1.25%NESTLE SA-REG 1.08%BT GROUP PLC 1.08%RECKITT BENCKISER GROUP PLC 1.05%BP PLC 1.04%ING GROEP NV-CVA 1.03%NIPPON TELEGRAPH & TELEPHON 1.01%ROCHE HOLDING AG-GENUSSCHEI 0.99%NOVO NORDISK A/S-B 0.98%AVIVA PLC 0.95%MITSUBISHI UFJ FINANCIAL GR 0.93%AIA GROUP LTD 0.92%LVMH MOET HENNESSY LOUIS VU 0.92%MICHELIN (CGDE) 0.91%CHINA MOBILE LTD 0.86%ACTAVIS PLC 0.82%KUBOTA CORP 0.80%EXPERIAN PLC 0.80%KINGFISHER PLC 0.79%PUBLICIS GROUPE 0.73%UBS AG-REG 0.72%ACCENTURE PLC-CL A 0.69%FRESENIUS MEDICAL CARE AG & 0.69%SWISS RE AG 0.68%BANCO BILBAO VIZCAYA ARGENT 0.67%DAIMLER AG-REGISTERED SHARE 0.67%MASTERCARD INC-CLASS A 0.65%SANDS CHINA LTD 0.64%SUMITOMO MITSUI TRUST HOLDI 0.64%LEND LEASE GROUP 0.62%HONG KONG EXCHANGES & CLEAR 0.62%SABMILLER PLC 0.62%FANUC CORP 0.61%ANHEUSER-BUSCH INBEV NV 0.61%CANADIAN NATL RAILWAY CO 0.61%CREDIT SUISSE GROUP AG-REG 0.61%HSBC HOLDINGS PLC 0.59%GAS NATURAL SDG SA 0.59%BAIDU INC - SPON ADR 0.58%TAIWAN SEMICONDUCTOR-SP ADR 0.57%BAE SYSTEMS PLC 0.57%LIBERTY GLOBAL-C 0.57%RESONA HOLDINGS INC 0.56%MITSUI & CO LTD 0.56%ZURICH INSURANCE GROUP AG 0.56%VOLKSWAGEN AG 0.55%THALES SA 0.55%VALEO SA 0.54%SCHLUMBERGER LTD 0.53%Security% of PortfolioIND & COMM BK OF CHINA-H 0.53%MITSUBISHI ESTATE CO LTD 0.53%ALLIANZ SE-REG 0.52%JAPAN TOBACCO INC 0.51%ADIDAS AG 0.50%ASML HOLDING NV 0.50%KONINKLIJKE AHOLD NV 0.50%STANDARD CHARTERED PLC 0.50%AMADEUS IT HOLDING SA-A SHS 0.49%DEUTSCHE BANK AG-REGISTERED 0.49%DBS GROUP HOLDINGS LTD 0.49%HENNES & MAURITZ AB-B SHS 0.49%CARNIVAL PLC 0.48%RIO TINTO LTD 0.48%TENCENT HOLDINGS LTD 0.48%NATIONAL AUSTRALIA BANK LTD 0.47%ACCOR SA 0.47%JULIUS BAER GROUP LTD 0.47%NTT DOCOMO INC 0.46%ENSCO PLC-CL A 0.45%KDDI CORP 0.45%SOFTBANK CORP 0.44%TESCO PLC 0.44%KONE OYJ-B 0.44%HOLCIM LTD-REG 0.43%BALOISE HOLDING AG - REG 0.43%AIR LIQUIDE SA 0.43%COMPASS GROUP 0.43%LULULEMON ATHLETICA INC 0.43%INTESA SANPAOLO 0.43%NORDEA BANK AB 0.43%STATOIL ASA 0.42%BNP PARIBAS 0.42%DELHAIZE GROUP 0.42%BURBERRY GROUP PLC 0.41%ENEL SPA 0.41%ENI SPA 0.41%OMV AG 0.41%CHALLENGER LTD 0.40%SAINSBURY (J) PLC 0.40%SWISS LIFE HOLDING AG-REG 0.39%SUMITOMO MITSUI FINANCIAL G 0.38%YARA INTERNATIONAL ASA 0.38%EDF 0.37%KONINKLIJKE PHILIPS NV 0.37%AXA SA 0.37%TELIASONERA AB 0.37%YUM! BRANDS INC 0.37%AP MOELLER-MAERSK A/S-B 0.37%SWEDBANK AB - A SHARES 0.37%BENDIGO AND ADELAIDE BANK 0.37%RIO TINTO PLC 0.36%SANOFI 0.36%REPSOL SA 0.36%AST Portfolio Holdings243 of 635

AST International Value Portfolio (continued)Security% of PortfolioHANNOVER RUECK SE 0.35%MITSUBISHI CORP 0.35%CENTRICA PLC 0.34%MIZUHO FINANCIAL GROUP INC 0.34%SVENSKA CELLULOSA AB SCA-B 0.34%ERICSSON LM-B SHS 0.34%RHEINMETALL AG 0.34%FREENET AG 0.33%SUMITOMO CORP 0.33%INTERMEDIATE CAPITAL GROUP 0.33%BARCLAYS PLC 0.33%MUENCHENER RUECKVER AG-REG 0.33%MARUBENI CORP 0.32%RENAULT SA 0.31%EDP-ENERGIAS DE PORTUGAL SA 0.31%AOZORA BANK LTD 0.31%CREDIT AGRICOLE SA 0.31%BANCO SANTANDER SA 0.31%TELEFONICA SA 0.31%CENTRAL JAPAN RAILWAY CO 0.31%ANGLO AMERICAN PLC 0.31%YUE YUEN INDUSTRIAL HLDG 0.31%SECURITAS AB-B SHS 0.31%SOCIETE GENERALE SA 0.31%WEST JAPAN RAILWAY CO 0.30%MARINE HARVEST 0.30%CHEUNG KONG HOLDINGS LTD 0.30%WM MORRISON SUPERMARKETS 0.29%ACS ACTIVIDADES CONS Y SERV 0.29%CONTINENTAL AG 0.29%NISSAN MOTOR CO LTD 0.28%FISCHER (GEORG)-REG 0.28%OTSUKA HOLDINGS CO LTD 0.28%PEARSON PLC 0.28%BANDAI NAMCO HOLDINGS INC 0.28%RWE AG 0.28%ELBIT SYSTEMS LTD 0.28%CNP ASSURANCES 0.27%BUCHER INDUSTRIES AG-REG 0.27%REXAM PLC 0.27%BASF SE 0.26%DAIHATSU MOTOR CO LTD 0.26%AMEC PLC 0.26%SEINO HOLDINGS CO LTD 0.26%TEVA PHARMACEUTICAL IND LTD 0.26%DOWNER EDI LTD 0.25%DNB ASA 0.25%MONDI PLC 0.25%SCOR SE 0.25%E.ON SE 0.24%VOESTALPINE AG 0.24%TOLL HOLDINGS LTD 0.24%KYOWA EXEO CORP 0.23%LONZA GROUP AG-REG 0.23%Security% of PortfolioAEGON NV 0.23%WPP PLC 0.23%TATE & LYLE PLC 0.23%BEAZLEY PLC 0.23%HELVETIA HOLDING AG-REG 0.22%YOKOHAMA RUBBER CO LTD 0.22%SANKYU INC 0.22%CALSONIC KANSEI CORP 0.22%GO-AHEAD GROUP PLC 0.22%STADA ARZNEIMITTEL AG 0.21%SMURFIT KAPPA GROUP PLC 0.21%SUMITOMO METAL MINING CO LT 0.21%ALSTOM 0.21%TOAGOSEI CO LTD 0.21%BANK OF YOKOHAMA LTD/THE 0.21%DMG MORI SEIKI AG-BR 0.20%OLD MUTUAL PLC 0.20%ASAHI KASEI CORP 0.20%SHIMACHU CO LTD 0.20%SKY PERFECT JSAT HOLDINGS 0.20%FORTESCUE METALS GROUP LTD 0.20%BOLIDEN AB 0.20%PACE PLC 0.20%CARILLION PLC 0.20%VIVENDI 0.20%AUTOBACS SEVEN CO LTD 0.19%FIRST PACIFIC CO 0.19%GLAXOSMITHKLINE PLC 0.19%TELECOM ITALIA SPA 0.19%BANK HAPOALIM BM 0.19%SKY NETWORK TELEVISION LTD 0.19%FUYO GENERAL LEASE CO LTD 0.19%TOKYO ELECTRON LTD 0.18%TIETO OYJ 0.18%PETROFAC LTD 0.18%HUABAO INTERNATIONAL HOLDIN 0.17%POLY PROPERTY GROUP CO LTD 0.17%FUKUOKA FINANCIAL GROUP INC 0.17%METCASH LTD 0.16%HEIWA CORP 0.16%MORINAGA MILK INDUSTRY CO 0.16%3I GROUP PLC 0.16%TSUMURA & CO 0.16%MYER HOLDINGS LTD 0.16%NISHI-NIPPON CITY BANK LTD 0.15%PARGESA HOLDING SA-BR 0.15%PRIMARY HEALTH CARE LTD 0.15%KEIYO BANK LTD/THE 0.15%VESUVIUS PLC 0.15%AOYAMA TRADING CO LTD 0.15%DANIELI & CO 0.15%DEBENHAMS PLC 0.14%ARKEMA 0.14%MINERAL RESOURCES LTD 0.14%AST Portfolio Holdings244 of 635

AST International Value Portfolio (continued)Security% of PortfolioSKYWORTH DIGITAL HLDGS LTD 0.14%EMBRAER SA-ADR 0.14%MICRO FOCUS INTERNATIONAL 0.13%TOHO HOLDINGS CO LTD 0.13%NOF CORP 0.13%KEIHIN CORP 0.13%KYORIN HOLDINGS INC 0.13%MARSTON'S PLC 0.13%EASYJET PLC 0.13%KINGBOARD CHEMICAL HOLDINGS 0.13%AIR NEW ZEALAND LTD 0.12%RENGO CO LTD 0.12%SHOUGANG FUSHAN RESOURCES G 0.12%ALFRESA HOLDINGS CORP 0.11%TOPPAN FORMS CO LTD 0.11%TSURUHA HOLDINGS INC 0.11%DAH SING FINANCIAL HOLDINGS 0.11%ARRIUM LTD 0.11%FRED OLSEN ENERGY ASA 0.10%LEGAL & GENERAL GROUP PLC 0.10%SHIZUOKA GAS CO LTD 0.10%SEVEN GROUP HOLDINGS LTD 0.10%NICHII GAKKAN CO 0.10%DAIRY CREST GROUP PLC 0.09%ALENT PLC 0.09%BRADKEN LTD 0.09%VARD HOLDINGS LTD 0.09%HONG LEONG ASIA LTD 0.09%JX HOLDINGS INC 0.09%GRAINCORP LTD-A 0.09%S FRWD EUR 10/28/2014 0.09%ORIFLAME COSMETICS SA-SDR 0.08%AURUBIS AG 0.08%UNY GROUP HOLDINGS CO LTD 0.08%AGFA-GEVAERT NV 0.07%HOGY MEDICAL CO LTD 0.07%TULLETT PREBON PLC 0.07%DARTY PLC 0.07%MOUNT GIBSON IRON LTD 0.07%SINGAPORE DOLLAR 0.07%PACIFIC BRANDS LTD 0.06%SWEDISH KRONA 0.06%AMERICA MOVIL-ADR SERIES L 0.06%EUROPEAN CURRENCY 0.06%HONG KONG DOLLAR 0.05%FORBO HOLDING AG-REG 0.04%S FRWD JPY 1 10/02/2014 0.04%KINGSGATE CONSOLIDATED LTD 0.03%AUSDRILL LTD 0.03%BOART LONGYEAR LTD 0.02%ISRAELI SHEKEL 0.01%UK POUND STERLING 0.01%ST BARBARA LTD 0.01%AUSTRALIAN DOLLAR 0.01%Security% of PortfolioPREMIER FOODS PLC 0.01%ELBIT SYSTEMS LTD < 0.01%PERMANENT TSB GROUP HOLDING < 0.01%S FRWD SGD 8/01/2014 < 0.01%S SPOT GBP 8/04/2014 < 0.01%S FRWD CHF 8/04/2014 < 0.01%DANISH KRONE < 0.01%S SPOT CND 8/05/2014 < 0.01%JAPANESE YEN < 0.01%S SPOT HK 8/01/2014 < 0.01%SWISS FRANC < 0.01%L SPOT GBP 8/04/2014 < 0.01%S SPOT EUR 8/04/2014 < 0.01%L FRWD JPY 8/01/2014 < 0.01%S SPOT CHF 8/05/2014 < 0.01%L SPOT JPY 1 8/04/2014 < 0.01%L SPOT GBP 8/01/2014 < 0.01%L SPOT JPY 1 8/01/2014 < 0.01%AST Portfolio Holdings245 of 635

AST Investment Grade Bond PortfolioSecurity% of PortfolioUS 10YR NOTE FUT 9/19/2014 34.70%RECV REC FIX1.97 10/05/2021 28.90%RECV PYFIX 2.33% 10/17/2021 28.16%RECV REC FIX1.32 11/18/2016 16.66%RECV REC FIX1.49 5/21/2019 15.14%RECV PAY FIX0.95 11/30/2016 12.47%RECV PAY FIX0.81 11/23/2017 9.73%RECV USD SWAP FLTR 5/01/2016 4.79%STRIPS 0 5/15/2024 3.45%US 5YR NOTE(CBT) 9/30/2014 3.44%WBCMT 2006-C27 A1A 7/15/2045 3.13%GCCFC 2005-GG5 A5 4/10/2037 2.96%RECV REC FIX1.456 8/11/2016 2.78%PRUDENTIAL CORE INVESTMNT 12/31/2049 2.03%CWCI 2006-C1 A4 8/15/2048 1.88%VERIZON COMM IN 5.15 9/15/2023 1.83%RECV REC.FIX.1.98 8/08/2018 1.45%GEN ELEC CAP CRP 3.1 1/09/2023 1.40%COMM 2013-CR6 A2 3/10/2046 1.35%GOLDMAN SACHS G 5.75 1/24/2022 1.29%WFRBS 2014-LC14 A2 3/15/2047 1.24%WFCM 2014-LC16 A2 8/15/2050 1.20%GECMC 2005-C4 A4 11/10/2045 1.17%GCCFC 2007-GG9 A2 3/10/2039 1.11%METLIFE INC 4.75 2/08/2021 1.11%CHAIT 2007-C1 C1 4/15/2019 1.06%MORGAN STANLEY 5.5 7/28/2021 1.02%FORD MOTOR CRE 8.125 1/15/2020 1.02%XYLEM INC 4.875 10/01/2021 1.01%RECV IFS 2.8825 7/15/2024 0.98%RECV ZCS FLTR 5/15/2020 0.91%NABORS INDS IN 4.625 9/15/2021 0.91%ALTRIA GROUP IN 4.75 5/05/2021 0.87%NEXTERA ENERGY 4.5 6/01/2021 0.86%LBUBS 2005-C2 A5 4/15/2030 0.86%CVS CAREMARK 4.125 5/15/2021 0.85%AETNA INC 4.125 6/01/2021 0.85%SALT RVR PROJ 4.839 1/01/2041 0.83%DIRECTV HLDGS/FN 3.8 3/15/2022 0.83%LINCOLN NATL CR 4.85 6/24/2021 0.83%UNITEDHEALTH GRP 4.7 2/15/2021 0.81%RECV ZCS FLTR 5/15/2021 0.81%RECV ZCS FLTR 5/15/2021 0.80%NORFOLK SOUTHERN 5.9 6/15/2019 0.78%WILLIAMS PART 4.125 11/15/2020 0.77%AMGEN INC 3.875 11/15/2021 0.76%WEATHERFORD BE 5.125 9/15/2020 0.76%WEYERHAEUSER C 4.625 9/15/2023 0.73%BRAZIL REP OF 5.625 1/07/2041 0.72%LIBERTY MUTUAL 4.95 5/01/2022 0.71%BANK OF AMER C 5.625 7/01/2020 0.71%LYB INTL FIN 4 7/15/2023 0.70%NOBLE ENERGY I 4.15 12/15/2021 0.70%UNITED MEXICAN 6.05 1/11/2040 0.68%Security% of PortfolioAGRIUM INC 3.5 6/01/2023 0.67%RUSSIA-EUROBON MULTI 3/31/2030 0.65%GAZPROM 9.25 4/23/2019 0.65%MLMT 2006-C1 AM 5/12/2039 0.64%CAPITAL ONE FIN 4.75 7/15/2021 0.62%MSAC 2004-HE4 M1 5/25/2034 0.62%CCCIT 2005-C2 C2 3/24/2017 0.62%GILEAD SCIENCES 4.4 12/01/2021 0.61%ANHEUSER-BUSCH 5.375 1/15/2020 0.61%JPMORGAN CHASE 4.35 8/15/2021 0.61%JPMORGAN CHASE 4.25 10/15/2020 0.60%SLM CORP 6 1/25/2017 0.60%MLCFC 2007-5 A4 8/12/2048 0.59%WBCMT 2007-C30 APB 12/15/2043 0.59%JPMCC 2005-CB13 A3A1 1/12/2043 0.59%COMMONWEALTH EDI 3.4 9/01/2021 0.59%PPL ELECTRIC UTI 3 9/15/2021 0.57%HSBC HOLDINGS 4.875 1/14/2022 0.57%BURLINGTON NORT 3.05 9/01/2022 0.57%PHILIP MORRIS 4.125 5/17/2021 0.55%CF INDUSTRIES 7.125 5/01/2020 0.55%ANHEUSER-BUSCH 2.625 1/17/2023 0.54%PA TPK-BABS-B 5.511 12/01/2045 0.53%REPUBLIC OF 4.875 5/05/2021 0.53%SPECTRA PARTNER 4.75 3/15/2024 0.52%RECV ZCS FLTR 11/15/2019 0.52%EL PASO PIPELINE 5 10/01/2021 0.51%CHOICE HOTELS 5.75 7/01/2022 0.49%COMM 2005-LP5 A4 5/10/2043 0.46%KINDER MORGAN E 3.95 9/01/2022 0.45%BAY AREA TOLL- 6.263 4/01/2049 0.44%COVANTA HOLDIN 7.25 12/01/2020 0.43%DISCOVER FIN SVS 5.2 4/27/2022 0.43%VALEANT PHARMA 6.75 8/15/2018 0.42%PNC FINANCIAL MULTI 11/09/2022 0.42%REGL TRNSP DI 5.844 11/01/2050 0.42%AMERICA MOVIL 2.375 9/08/2016 0.42%AMER INTL GROUP 8.25 8/15/2018 0.42%ONEOK PARTNER 3.375 10/01/2022 0.41%RIO TINTO FINAN 3.75 9/20/2021 0.41%WELLPOINT INC 3.3 1/15/2023 0.41%ROYAL BK SCOTL 6.125 1/11/2021 0.40%ATMOS ENERGY 8.5 3/15/2019 0.39%MOSAIC CO 4.25 11/15/2023 0.39%CSC HOLDINGS I 7.625 7/15/2018 0.38%DONNELLEY & SONS 8.6 8/15/2016 0.38%PRINCIPAL FINL 3.125 5/15/2023 0.38%ENTERPRISE PRODU 3.9 2/15/2024 0.38%ARSI 2003-W4 M1 10/25/2033 0.38%BARCLAYS BK PL 5.125 1/08/2020 0.38%CCO HOLDINGS LLC 6.5 4/30/2021 0.37%TIME WARNER CAB 8.75 2/14/2019 0.36%DOW CHEMICAL C 4.25 11/15/2020 0.36%IBM CORP 3.375 8/01/2023 0.35%AST Portfolio Holdings246 of 635

AST Investment Grade Bond Portfolio (continued)Security% of PortfolioDAIMLER FINANC 2.625 9/15/2016 0.35%NABORS INDS INC 6.15 2/15/2018 0.32%GECMC 2007-C1 A2 12/10/2049 0.32%CENT PUGET SO 5.491 11/01/2039 0.31%ONEOK PARTNERS 5 9/15/2023 0.31%MARKEL CORP 4.9 7/01/2022 0.31%INTL PAPER CO 4.75 2/15/2022 0.31%KOHL'S CORP 6.25 12/15/2017 0.31%CONTINENTAL RES 4.5 4/15/2023 0.30%FORD MOTOR CRE 4.375 8/06/2023 0.30%PRINCIPAL FINL 3.3 9/15/2022 0.30%BHP FINANCE USA 3.85 9/30/2023 0.29%SIMON PROP GP 6.125 5/30/2018 0.29%INTL PAPER CO 7.5 8/15/2021 0.29%KERR-MCGEE CORP 6.95 7/01/2024 0.29%VIRGINIA EL&PWR 2.95 1/15/2022 0.28%PEOPLE'S UNITE 3.65 12/06/2022 0.28%CITIGROUP INC 8.5 5/22/2019 0.28%INDONESIA (REP) 3.75 4/25/2022 0.28%NYC FIN-BABS-T 5.767 8/01/2036 0.28%JEFFERIES GROU 5.125 1/20/2023 0.27%PHILIP MORRIS IN 2.5 8/22/2022 0.27%WASTE MANAGEME 7.375 3/11/2019 0.27%IND MICH POWER 7 3/15/2019 0.27%EMBARQ CORP 7.082 6/01/2016 0.26%CWL 2004-ECC2 M1 12/25/2034 0.26%CITIGROUP INC 5.5 9/13/2025 0.26%WELLS FARGO CO 4.125 8/15/2023 0.25%ADT CORP 2.25 7/15/2017 0.25%LUBRIZOL CORP 8.875 2/01/2019 0.25%CSX CORP 7.9 5/01/2017 0.25%GENERAL MOTORS 3.5 10/02/2018 0.25%PETROLEOS MEXICA 5.5 1/21/2021 0.25%OH WTR-TXB-B2 4.879 12/01/2034 0.25%WAL-MART STORES 4.25 4/15/2021 0.25%BOMBARDIER INC 7.5 3/15/2018 0.25%XEROX CORP 6.75 2/01/2017 0.24%TRANSOCEAN INC 2.5 10/15/2017 0.24%MABS 2005-NC1 M1 12/25/2034 0.24%AT&T INC 3.875 8/15/2021 0.24%US TREASURY N/B 2.5 5/15/2024 0.24%CBS CORP 8.875 5/15/2019 0.24%MLCFC 2007-6 A4 3/12/2051 0.23%MAGELLAN MIDSTR 4.25 2/01/2021 0.23%SUMITOMO MITSUI 3 1/18/2023 0.23%DISCOVER BANK 7 4/15/2020 0.22%AMSI 2004-R8 M1 9/25/2034 0.22%CITIGROUP INC 3.375 3/01/2023 0.22%VIACOM INC 3.125 6/15/2022 0.22%DOW CHEMICAL CO 3 11/15/2022 0.22%MRNPK 2012-1A A1A 5/18/2023 0.21%SAN ANTONIO EL 4.427 2/01/2042 0.21%TIME WARNER INC 4 1/15/2022 0.20%WELLPOINT INC 3.125 5/15/2022 0.20%Security% of PortfolioXSTRATA FIN CAN 5.8 11/15/2016 0.20%CONTL AIRLINES 5.983 4/19/2022 0.20%PACIFIC LIFECORP 6 2/10/2020 0.19%WEATHERFORD BE 9.625 3/01/2019 0.19%VODAFONE GROUP 5.625 2/27/2017 0.19%BANK OF AMER C 4.125 1/22/2024 0.19%CDP FINANCIAL 3.15 7/24/2024 0.19%FISERV INC 3.125 10/01/2015 0.18%PSEG POWER LLC 2.75 9/15/2016 0.18%INTESA SANPAOL 3.125 1/15/2016 0.18%ACE 2004-IN1 A1 5/25/2034 0.18%MA ST WTR POLL 5.192 8/01/2040 0.17%MSAC 2004-NC5 M1 5/25/2034 0.17%GMACC 2006-C1 A1A 11/10/2045 0.17%AT&T INC 5.6 5/15/2018 0.17%BANK OF AMER CRP 3.3 1/11/2023 0.17%OH UNIV-TXB-C-B 4.91 6/01/2040 0.16%CAMERON INTERNAT 3.6 4/30/2022 0.16%LINCOLN NATL CRP 4.3 6/15/2015 0.15%ABSHE 2004-HE6 A2 9/25/2034 0.15%VIACOM INC 4.5 3/01/2021 0.15%PNC BANK NA 3.8 7/25/2023 0.15%JPMORGAN CHASE 3.375 5/01/2023 0.15%PLAINS ALL AMER 8.75 5/01/2019 0.15%MARRIOTT INTL 3.25 9/15/2022 0.15%BANK OF AMER CRP 4 4/01/2024 0.15%MORGAN STANLE 4.875 11/01/2022 0.15%JPMCC 2005-LDP5 AM 12/15/2044 0.14%TRANSALTA CORP 4.75 1/15/2015 0.14%CRH AMERICA IN 8.125 7/15/2018 0.14%CITIGROUP INC 3.5 5/15/2023 0.14%LLOYDS BANK PL 6.375 1/21/2021 0.14%CA ST-TXBL-BAB 7.625 3/01/2040 0.13%WBCMT 2006-C28 A4 10/15/2048 0.13%LLOYDS BANK PLC 5.8 1/13/2020 0.13%AON CORP 3.5 9/30/2015 0.13%SWISS RE TREA 2.875 12/06/2022 0.13%TELECOM IT CAP 6.999 6/04/2018 0.13%BANK OF AMER CR 5.65 5/01/2018 0.13%DELHAIZE GROUP 6.5 6/15/2017 0.13%JPMBB 2013-C12 A4 7/15/2045 0.13%JPMORGAN CHASE 7.9 4/29/2049 0.12%OCP 2012-2A A2 11/22/2023 0.12%OOMLT 2003-3 A1 6/25/2033 0.12%LORILLARD TOBA 8.125 6/23/2019 0.12%TECK RESOURCES 3.85 8/15/2017 0.12%MORGAN STANLEY 4.1 5/22/2023 0.12%PENSKE TRUCK L 3.125 5/11/2015 0.12%AMER INTL GROUP 6.4 12/15/2020 0.12%LIFE TECH CORP 4.4 3/01/2015 0.12%WYNDHAM WORLDWI 4.25 3/01/2022 0.11%SNDPT 2012-1A B 10/20/2023 0.11%ENTERGY CORP 4.7 1/15/2017 0.11%GSMS 2006-GG6 A4 4/10/2038 0.10%AST Portfolio Holdings247 of 635

AST Investment Grade Bond Portfolio (continued)Security% of PortfolioGSMS 2005-GG4 A4 7/10/2039 0.10%UBSBB 2012-C4 A3 12/10/2045 0.10%CAPITAL ONE NA 2.95 7/23/2021 0.10%SANTANDER HOLD 3 9/24/2015 0.09%NEWS AMER INC 4 10/01/2023 0.09%AGRIUM INC 3.15 10/01/2022 0.09%FIRSTENERGY TRA 4.35 1/15/2025 0.09%FIFTH THIRD BA 2.375 4/25/2019 0.08%PETRO-CANADA 6.05 5/15/2018 0.08%ROCK-TENN CO 4 3/01/2023 0.08%BERKLEY (WR) 4.625 3/15/2022 0.08%MABS 2004-OPT2 A2 9/25/2034 0.08%PENSKE TRUCK L 2.875 7/17/2018 0.08%MARTIN MAR MTLS 4.25 7/02/2024 0.07%OR TRN-TXB-A- 5.834 11/15/2034 0.07%DELTA AIR 20101A 6.2 7/02/2018 0.07%BERKLEY (WR) 5.375 9/15/2020 0.06%WEATHERFORD INC 6.35 6/15/2017 0.06%CWL 2004-6 2A5 11/25/2034 0.06%SIMON PROP GP 3.375 3/15/2022 0.06%MONSANTO CO 3.375 7/15/2024 0.06%FRASR 2006-1A B 3/15/2020 0.06%CEN11 20A A1 4/25/2019 0.05%US TREASURY N/ 2.125 6/30/2021 0.05%MARKEL CORP 3.625 3/30/2023 0.04%GN 772029 4 7/15/2041 0.04%TIME WARNER INC 4.75 3/29/2021 0.03%10Y RTR 2.75 8/15/2014 0.03%INTL LEASE FIN 5.75 5/15/2016 0.03%ERAC USA FINANC 2.8 11/01/2018 0.03%SMLF 2012-1A B 8/17/2022 0.03%CONTL AIRLINES 4.75 1/12/2021 0.03%JPMCC 2007-LD11 A2 6/15/2049 0.02%PAYB USD 1.625 11/30/2018 0.02%RECV USD 1.625 11/30/2018 0.02%MSAC 2002-HE3 A2 3/25/2033 0.02%VIDEOTRON LTEE 9.125 4/15/2018 0.02%SANTANDER HOLD 4.625 4/19/2016 0.02%EURO 12/31/1899 0.02%PROLOGIS LP 6.875 3/15/2020 0.02%MEMORIAL SLOAN 4.125 7/01/2052 0.01%MLCFC 2007-7 ASB 6/12/2050 0.01%GN 769507 4 6/15/2041 0.01%COMM 2012-LC4 A2 12/10/2044 0.01%MPORT 2006-1A A1L 2/22/2020 0.01%CMLTI 2004-OPT1 A2 10/25/2034 0.01%CSMC 2007-C2 A2 1/15/2049 0.01%LAFC 2012-1A A 9/06/2022 0.01%NEWS AMER INC 6.15 2/15/2041 < 0.01%GN 745909 4 9/15/2041 < 0.01%JPMCC 2005-CB13 ASB 1/12/2043 < 0.01%CDS:SELL (BRK) 1% < 0.01%CDS:SELL (BRK) 1% 3/20/2015 < 0.01%AELIS 2005-2A A2 1/26/2020 < 0.01%Security% of PortfolioPAYB PAYFLTR .45% 2/18/2016 < 0.01%PAYB REC FIX 1.955 5/09/2023 < 0.01%RECV PAYFLTR .45% 2/18/2016 < 0.01%RECV REC FIX 1.955 5/09/2023 < 0.01%BUY RRD 100 9/20/2016 < 0.01%RECV RPAYFIX 2.48 1/13/2022 < 0.01%PAYB RPAYFIX 2.48 1/13/2022 < 0.01%RECV USD 2.375 5/15/2021 -0.01%PAYB USD 2.375 5/15/2021 -0.01%US LONG BOND 9/19/2014 -0.23%CDS CME 1% 6/20/2019 -0.42%PAYB IFS 2.8825 7/15/2024 -0.98%PAYB ZCS 4.54574 11/15/2019 -1.38%PAYB REC.FIX.1.98 8/08/2018 -1.41%PAYB ZCS 4.41939 5/15/2021 -2.17%PAYB ZCS 4.44614 5/15/2021 -2.17%PAYB ZCS 4.24636 5/15/2020 -2.20%PAYB REC FIX1.456 8/11/2016 -2.70%US ULTRA BOND FUT 9/19/2014 -4.50%PAYB USD SWAP FLTR 5/01/2016 -5.18%PAYB PAY FIX0.81 11/23/2017 -9.41%PAYB PAY FIX0.95 11/30/2016 -12.50%PAYB REC FIX1.49 5/21/2019 -15.65%PAYB REC FIX1.32 11/18/2016 -16.32%US 2YR NOTE FUT 9/30/2014 -22.85%PAYB PYFIX 2.33% 10/17/2021 -28.13%PAYB REC FIX1.97 10/05/2021 -30.39%AST Portfolio Holdings248 of 635

AST J.P. Morgan Global Thematic PortfolioSecurity% of PortfolioXMU4 AUST 10YR FUT OPT C 9/17/2014 11.09%PRUDENTIAL CORE INVESTMENT 7.37%ESU4 S&P 500 EMINI FUT 9/24/2014 6.71%TYU4S US 10YR NOTE(CBT) SEP 10/05/2014 3.35%Z U4S FTSE 100 FUTURE 9/24/2014 1.99%VGU4 EURO STOXX 50 9/23/2014 1.73%G U4 LONG GILT FUTURE 10/05/2014 1.44%PTU4 S&P/TSX 60 IX FUT 9/23/2014 1.43%US TREASURY N/B 1/31/2015 1.04%APPLE INC 0.45%JOHNSON & JOHNSON 0.43%WELLS FARGO & CO 0.41%GOOGLE INC-CL C 0.39%STRIPS 11/15/2021 0.34%MICROSOFT CORP 0.34%EXXON MOBIL CORP 0.33%FVU4 US 5YR NOTE(CBT) SEP 1 10/08/2014 0.30%US TREASURY N/B 2/28/2017 0.30%USU4 US LONG BOND (CBT) 10/05/2014 0.28%SAMSUNG ELECTR-GDR REG S 0.28%SIMON PROPERTY GROUP INC 0.27%HOME DEPOT INC 0.26%CITIGROUP INC 0.26%UNITEDHEALTH GROUP INC 0.25%BANK OF AMERICA CORP 0.24%US TREASURY N/B 7/31/2017 0.24%RTAU4 RUSSELL 2000 MINI 9/19/2014 0.22%VERIZON COMMUNICATIONS INC 0.22%UNITED TECHNOLOGIES CORP 0.21%FACEBOOK INC-A 0.21%SCHLUMBERGER LTD 0.21%TIME WARNER INC 0.21%BIOGEN IDEC INC 0.21%GILEAD SCIENCES INC 0.20%ROCHE HOLDING AG-GENUSSCHEI 0.20%STRIPS 2/15/2021 0.20%TUU4 US 2YR NOTE(CBT) SEP 1 10/08/2014 0.19%NOVARTIS AG-REG 0.19%STRIPS 11/15/2019 0.19%LAM RESEARCH CORP 0.18%BRITISH AMERICAN TOBACCO PL 0.18%TAIWAN SEMICONDUCTOR-SP ADR 0.17%TOYOTA MOTOR CORP 0.17%STRIPS 5/15/2020 0.17%BAYER AG-REG 0.17%ROYAL DUTCH SHELL PLC-A SHS 0.16%ADOBE SYSTEMS INC 0.16%PRICELINE GROUP INC/THE 0.16%GOOGLE INC-CL A 0.16%BG GROUP PLC 0.16%PROCTER & GAMBLE CO/THE 0.15%MERCK & CO. INC. 0.15%PRUDENTIAL PLC 0.15%CELGENE CORP 0.15%Security% of PortfolioQUALCOMM INC 0.15%CVS CAREMARK CORP 0.15%STRIPS 2/15/2022 0.15%COMCAST CORP-CLASS A 0.15%BOSTON PROPERTIES INC 0.15%AVALONBAY COMMUNITIES INC 0.14%PROLOGIS INC 0.14%METLIFE INC 0.14%CHINA CONSTRUCTION BANK-H 0.14%PFIZER INC 0.14%STRIPS 5/15/2021 0.14%ROYAL DUTCH SHELL PLC-A SHS 0.14%AMAZON.COM INC 0.14%DISH NETWORK CORP-A 0.13%MORGAN STANLEY 0.13%VODAFONE GROUP PLC 0.13%RUSSIAN FEDERATION 2.25 3/31/2030 0.13%GENERAL MOTORS CO 0.13%CARLISLE COS INC 0.13%ALLIANCE DATA SYSTEMS CORP 0.13%MARSH & MCLENNAN COS 0.13%RIO TINTO PLC 0.13%DELTA AIR LINES INC 0.13%VOLKSWAGEN AG-PREF 0.13%LOEWS CORP 0.12%IHQ4 SGX CNX NIFTY 9/02/2014 0.12%PHILLIPS 66 0.12%UNION PACIFIC CORP 0.12%HONEYWELL INTERNATIONAL INC 0.12%BRISTOL-MYERS SQUIBB CO 0.12%ACE LTD 0.11%HUMANA INC 0.11%IND & COMM BK OF CHINA-H 0.11%CHINA MOBILE LTD 0.11%STRIPS 8/15/2017 0.11%WNU4S US ULTRA BOND(CBT) 10/05/2014 0.11%HSBC HOLDINGS PLC 0.11%STRIPS 2/15/2018 0.11%AVAGO TECHNOLOGIES LTD 0.11%CAPITAL ONE FINANCIAL CORP 0.11%PUBLIC STORAGE 0.11%VORNADO REALTY TRUST 0.11%KLA-TENCOR CORPORATION 0.11%AFFILIATED MANAGERS GROUP 0.11%PACCAR INC 0.11%TJX COMPANIES INC 0.11%MASTERCARD INC-CLASS A 0.11%ILLUMINA INC 0.10%ALCOA INC 0.10%FLUOR CORP 0.10%EATON CORP PLC 0.10%ASML HOLDING NV 0.10%CHEVRON CORP 0.10%FORTUNE BRANDS HOME & SECUR 0.10%AST Portfolio Holdings249 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioHARTFORD FINANCIAL SVCS GRP 0.10%ACUITY BRANDS INC 0.10%CANADIAN PACIFIC RAILWAY LT 0.10%FVU4S US 5YR NOTE(CBT) SEP 10/08/2014 0.10%JAPAN TOBACCO INC 0.10%SUMITOMO MITSUI FINANCIAL G 0.10%CNOOC LTD 0.10%KOHLS CORP 0.10%CHEUNG KONG HOLDINGS LTD 0.10%BANK OF CHINA LTD-H 0.10%COGNIZANT TECH SOLUTIONS-A 0.09%EXPEDIA INC 0.09%STANDARD CHARTERED PLC 0.09%ELECTRONIC ARTS INC 0.09%STARBUCKS CORP 0.09%SAP SE 0.09%NEXTERA ENERGY INC 0.09%SCHNEIDER ELECTRIC SE 0.09%ALEXION PHARMACEUTICALS INC 0.09%STRIPS 2/15/2028 0.09%HOST HOTELS & RESORTS INC 0.09%ITAU UNIBANCO HLDNG-PREF AD 0.09%CBRE GROUP INC - A 0.09%MICHAEL KORS HOLDINGS LTD 0.09%NESTLE SA-REG 0.09%UNITED CONTINENTAL HOLDINGS 0.09%SEMPRA ENERGY 0.09%CISCO SYSTEMS INC 0.09%DEVON ENERGY CORPORATION 0.09%AMERICAN INTERNATIONAL GROU 0.09%COCA-COLA CO/THE 0.09%KIRBY CORP 0.09%AMPHENOL CORP-CL A 0.09%HEALTH CARE REIT INC 0.08%SHERWIN-WILLIAMS CO/THE 0.08%VALE SA-SP PREF ADR 0.08%DAIKIN INDUSTRIES LTD 0.08%FREEPORT-MCMORAN INC 0.08%VALEANT PHARMACEUTICALS 0.08%MTN GROUP LTD 0.08%LAZARD LTD-CL A 0.08%EQUITY RESIDENTIAL 0.08%BARCLAYS PLC 0.08%LEHMAN XS TRUST 11/25/2035 0.08%PALL CORP 0.08%BHP BILLITON LTD 0.08%HYUNDAI MOTOR CO 0.08%BNP PARIBAS 0.08%HSBC HOLDINGS PLC 0.08%ACCENTURE PLC-CL A 0.08%HCP INC 0.08%PETROLEOS MEXICA 1/21/2021 0.08%ANHEUSER-BUSCH INBEV NV 0.08%FANNIE MAE 5/01/2043 0.08%Security% of PortfolioMOHAWK INDUSTRIES INC 0.07%AGILENT TECHNOLOGIES INC 0.07%FREDDIE MAC 6/01/2043 0.07%SASOL LTD 0.07%APPLIED MATERIALS INC 0.07%TWENTY-FIRST CENTURY FOX-A 0.07%MOODY'S CORP 0.07%EAST WEST BANCORP INC 0.07%COSTCO WHOLESALE CORP 0.07%LUKOIL OAO-SPON ADR 0.07%BED BATH & BEYOND INC 0.07%UNITED MEXICAN 10/02/2023 0.07%UBS AG-REG 0.07%VISA INC-CLASS A SHARES 0.07%CIE FINANCIERE RICHEMON-REG 0.07%ALLIANZ SE-REG 0.07%FLOWSERVE CORP 0.07%GLENCORE PLC 0.07%CHINA PETROLEUM & CHEMICAL- 0.07%SANOFI 0.07%PHILIP MORRIS INTERNATIONAL 0.07%T ROWE PRICE GROUP INC 0.07%BORGWARNER INC 0.07%HD SUPPLY HOLDINGS INC 0.07%BROADCOM CORP-CL A 0.07%ESSEX PROPERTY TRUST INC 0.07%EMERSON ELECTRIC CO 0.07%AMBEV SA-SPN ADR 0.07%EQUIFAX INC 0.07%GAP INC/THE 0.07%VENTAS INC 0.07%PETROLEOS DE VEN 11/02/2017 0.07%EQUITY ONE ABS INC 4/25/2034 0.07%CONCHO RESOURCES INC 0.07%OLD DOMINION FREIGHT LINE 0.07%PPG INDUSTRIES INC 0.07%MASTR ALTERNATIVE LOANS TRU 7/25/2034 0.07%BOSTON SCIENTIFIC CORP 0.07%SUMITOMO CORP 0.07%RESIDENTIAL ASSET SECURITIZ 7/25/2035 0.07%WILLIAMS-SONOMA INC 0.07%US BANCORP 0.07%LEBANESE REP 4/12/2021 0.07%DR PEPPER SNAPPLE GROUP INC 0.06%TESLA MOTORS INC 0.06%BALL CORP 0.06%HILTON WORLDWIDE HOLDINGS I 0.06%ABBOTT LABORATORIES 0.06%FANNIE MAE 8/01/2043 0.06%HESS CORP 0.06%ING GROEP NV-CVA 0.06%MARATHON OIL CORP 0.06%LEGG MASON INC 0.06%AMERIPRISE FINANCIAL INC 0.06%AST Portfolio Holdings250 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioAXA SA 0.06%SIGNATURE BANK 0.06%VERTEX PHARMACEUTICALS INC 0.06%PNC FINANCIAL SERVICES GROU 0.06%HEWLETT-PACKARD CO 0.06%DUKE REALTY CORP 0.06%MITSUBISHI UFJ FINANCIAL GR 0.06%ADVANCE AUTO PARTS INC 0.06%DDR CORP 0.06%REGENERON PHARMACEUTICALS 0.06%ORIX CORP 0.06%VOLKSWAGEN INTFN 11/09/2015 0.06%CITIGROUP MORTGAGE LOAN TRU 12/25/2035 0.06%BEST BUY CO INC 0.06%SUNTRUST BANKS INC 0.06%KROGER CO 0.06%APARTMENT INVT & MGMT CO -A 0.06%ALLY FINANCIAL INC 0.06%IMPERIAL TOBACCO GROUP PLC 0.06%SBERBANK-SPONSORED ADR 0.06%ACCOR SA 0.06%HARLEY-DAVIDSON INC 0.06%KIMCO REALTY CORP 0.06%TD AMERITRADE HOLDING CORP 0.06%WPP PLC 0.06%ZURICH INSURANCE GROUP AG 0.06%DOVER CORP 0.06%M & T BANK CORP 0.06%GENERAL GROWTH PROPERTIES 0.06%FREDDIE MAC 4/01/2033 0.06%KIA MOTORS CORPORATION 0.06%BANCO DO BRASIL S.A. 0.06%FANNIE MAE 8/01/2023 0.06%US TREASURY N/B 5/15/2015 0.06%YAHOO INC 12/01/2018 0.06%SIEMENS FINAN 8/16/2017 0.06%US TREASURY N/B 6/30/2019 0.06%SK TELECOM 0.06%MITSUI FUDOSAN CO LTD 0.06%FANNIE MAE 12/25/2036 0.06%SK HYNIX INC 0.06%FANNIE MAE 11/25/2034 0.06%VENEZUELA 10/13/2024 0.06%KERING 0.06%ELECTROLUX AB-SER B 0.06%WATSCO INC 0.05%UNUM GROUP 0.05%SMC CORP 0.05%CHINA TELECOM CORP LTD-H 0.05%HITACHI LTD 0.05%LULULEMON ATHLETICA INC 0.05%AUTOZONE INC 0.05%BRIXMOR PROPERTY GROUP INC 0.05%WELLS FARGO CO 0.05%Security% of PortfolioMICRON TECH 11/15/2043 0.05%HONDA MOTOR CO LTD 0.05%FANNIE MAE 1/25/2038 0.05%TEVA PHARMACEUTICAL-SP ADR 0.05%NETFLIX INC 0.05%STATE STREET CORP 0.05%RESIDENTIAL ACCREDIT LOANS, 8/25/2034 0.05%GDF SUEZ 0.05%GOVERNMENT NATIONAL MORTGAG 4/15/2025 0.05%MCKESSON CORP 0.05%INFOSYS LTD-SP ADR 0.05%TATA MOTORS LTD-SPON ADR 0.05%SODEXO 0.05%FANNIE MAE 2/01/2033 0.05%INDYMAC INDX MORTGAGE LOAN 12/25/2034 0.05%ECOLAB INC 0.05%HANESBRANDS INC 0.05%KT&G CORP 0.05%SOLVAY SA 0.05%WELLS FARGO MORTGAGE BACKED 1/25/2035 0.05%BRAZIL NTN-F 1/01/2023 0.05%PALO ALTO NETWORKS INC 0.05%EREGLI DEMIR VE CELIK FABRI 0.05%XCEL ENERGY INC 0.05%FIFTH THIRD BANCORP 0.05%UNILEVER PLC 0.05%GOVERNMENT NATIONAL MORTGAG 5/20/2061 0.05%TECHNIP SA 0.05%WEYERHAEUSER CO 0.05%WABCO HOLDINGS INC 0.05%FORD MOTOR CRED 6/12/2017 0.05%STEINHOFF INTL HOLDINGS LTD 0.05%CHINA OVERSEAS LAND & INVES 0.05%MOBILE TELESYSTEMS-SP ADR 0.05%RFCSP STRIP PRIN 10/15/2020 0.05%FANNIE MAE 3/01/2024 0.05%MARKS & SPENCER GROUP PLC 0.05%AETNA INC 0.05%MMC NORILSK NICKEL JSC-ADR 0.05%ACADIA HEALTHCARE CO INC 0.05%FREDDIE MAC 1/15/2029 0.05%LOWE'S COS INC 0.05%KINDER MORGAN INC 0.05%COUNTRYWIDE ASSET-BACKED CE 6/25/2034 0.05%SENIOR HOUSING 1/15/2016 0.05%TRAVELERS COS INC/THE 0.05%TATNEFT-SPONSORED REGS GDR 0.05%FANNIE MAE 4/01/2033 0.05%LAS VEGAS SANDS CORP 0.05%EXTRA SPACE STORAGE INC 0.05%HALLIBURTON CO 0.05%RENAISSANCE HOME EQUITY LOA 12/25/2033 0.05%CANON INC 0.05%FREDDIE MAC 4/01/2033 0.05%AST Portfolio Holdings251 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioSOUTHWESTERN ENERGY CO 0.05%PRIVATE EXPT FDG 7/15/2016 0.05%SAMSUNG ELECTRONICS CO LTD 0.05%SABMILLER PLC 0.05%CREDIT SUISSE GROUP AG-REG 0.05%LVMH MOET HENNESSY LOUIS VU 0.05%REPSOL SA 0.05%LONG BEACH MORTGAGE LOAN TR 2/25/2034 0.05%ROCK TENN COMPANY -CL A 0.05%FANNIE MAE 8/01/2043 0.05%ARGENT SECURITIES INC. 1/25/2034 0.05%SHIRE PLC 0.05%EMBRAER SA 0.05%WOORI FINANCE HOLDINGS CO 0.05%CERNER CORP 0.05%MONDELEZ INTERNATIONAL INC- 0.05%CIENA CORP 0.05%FANNIE MAE 11/01/2023 0.05%FANNIE MAE 8/01/2022 0.05%RUSSIA-EUROBOND 9/16/2023 0.05%ASTELLAS PHARMA INC 0.05%WORKDAY INC-CLASS A 0.05%FREDDIE MAC 12/15/2025 0.05%UNILEVER NV-CVA 0.05%FANNIE MAE 1/01/2024 0.05%FANNIE MAE 9/01/2022 0.05%SERVICENOW INC 0.05%LENOVO GROUP LTD 0.04%HLSS SERVICER ADVANCE RECEI 5/16/2044 0.04%ILLINOIS TOOL WORKS 0.04%FANNIE MAE 6/01/2023 0.04%INVESCO LTD 0.04%CIA BRASILEIRA DE DIS-SP PR 0.04%FREDDIE MAC 7/01/2033 0.04%FREDDIE MAC 3/01/2033 0.04%DUKE ENERGY CORP 0.04%HENKEL AG & CO KGAA VORZUG 0.04%ADVANCED SEMICONDUCTOR ENGR 0.04%INTL LEASE FIN 5/15/2019 0.04%ANADARKO PETROLEUM CORP 0.04%ANTERO RESOURCES CORP 0.04%FANNIE MAE 3/01/2030 0.04%FIRST QUANTUM MINERALS LTD 0.04%SANDS CHINA LTD 0.04%CLEAR CHNL WORLD 11/15/2022 0.04%STATE BANK OF INDIA-SPON GD 0.04%DISH DBS CORP 6/01/2021 0.04%FANNIE MAE 11/01/2023 0.04%FREDDIE MAC 8/15/2039 0.04%FREDDIE MAC 3/15/2026 0.04%TEXAS INSTRUMENTS INC 0.04%PETROLEOS MEXICA 6/15/2035 0.04%AKZO NOBEL 0.04%PHILIPPINES(REP) 1/14/2031 0.04%Security% of PortfolioEDISON INTERNATIONAL 0.04%PETROLEOS DE VEN 11/15/2026 0.04%HDFC BANK LTD-ADR 0.04%GANNETT CO 0.04%MARTIN MARIETTA MATERIALS 0.04%BRAZIL REP OF 1/20/2037 0.04%STRIPS 2/15/2029 0.04%OMNICOM GROUP 0.04%FREDDIE MAC 11/15/2042 0.04%NISOURCE INC 0.04%FANNIE MAE 5/01/2023 0.04%FANNIE MAE 1/25/2028 0.04%VERIZON COMMUNICATIONS INC 0.04%KUBOTA CORP 0.04%NORTHERN TRUST CORP 0.04%FANNIEMAE WHOLE LOAN 8/25/2042 0.04%GOVERNMENT NATIONAL MORTGAG 1/15/2040 0.04%DRIL-QUIP INC 0.04%CONTINENTAL AG 0.04%CORP OFF PROP TR 0.04%NETEASE INC-ADR 0.04%CATCHER TECHNOLOGY CO LTD 0.04%EAST JAPAN RAILWAY CO 0.04%RFCSP STRIP PRIN 7/15/2020 0.04%FANNIE MAE 6/01/2032 0.04%LONG BEACH MORTGAGE LOAN TR 7/25/2031 0.04%STRUCTURED ADJUSTABLE RATE 10/25/2035 0.04%ANALOG DEVICES INC 0.04%VF CORP 0.04%WELLS FARGO MORTGAGE BACKED 3/25/2035 0.04%GRUPO FINANCIERO BANORTE-O 0.04%CENTEX HOME EQUITY 1/25/2034 0.04%BANK OF AMER CRP 0.04%FANNIE MAE 1/01/2033 0.04%VENEZUELA 8/23/2022 0.04%CONSOL ENERGY INC 0.04%MID-AMERICA APARTMENT COMM 0.04%FREDDIE MAC 4/01/2033 0.04%SANDISK CORP 10/15/2020 0.04%EOG RESOURCES INC 0.04%INTERCONTINENTAL HOTELS GRO 0.04%TURKEY REP OF 2/05/2025 0.04%ABB LTD-REG 0.04%GILEAD SCIENCES 0.04%LAM RESEARCH 5/15/2016 0.04%COUNTRYWIDE ALTERNATIVE LOA 6/25/2035 0.04%HCP INC 9/15/2016 0.04%ATLAS COPCO AB-A SHS 0.04%FANNIE MAE 12/01/2021 0.04%LAFARGE SA 0.04%BURBERRY GROUP PLC 0.04%DEALERTRACK TECHNOLOGIES IN 0.04%SK HOLDINGS CO LTD 0.04%TURKEY REP OF 6/05/2020 0.04%AST Portfolio Holdings252 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioHANKOOK TIRE CO LTD 0.04%SHIN-ETSU CHEMICAL CO LTD 0.04%CITIGROUP MORTGAGE LOAN TRU 10/25/2035 0.04%INDUSTRIAL BANK OF KOREA 0.04%EQUITY ONE ABS INC 10/25/2034 0.04%VALERO ENERGY CORP 0.04%LIBERTY PROPERTY TRUST 0.04%INDONESIA (REP) 1/15/2024 0.04%COUNTRYWIDE ASSET-BACKED CE 10/25/2034 0.04%KILROY REALTY CORP 0.04%STRIPS 5/15/2023 0.04%RAYONIER INC 0.04%NEW CENTURY HOME EQUITY LOA 10/25/2033 0.04%FANNIE MAE 9/01/2021 0.04%WELLS FARGO MORTGAGE BACKED 6/25/2033 0.04%RESIDENTIAL ASSET SECURITIE 9/25/2031 0.04%RALPH LAUREN CORP 0.04%EAGLE MATERIALS INC 0.04%FREDDIE MAC 3/01/2033 0.04%COUNTRYWIDE ALTERNATIVE LOA 8/25/2034 0.04%FANNIE MAE 10/01/2020 0.04%CANADA DOLLAR 0.04%FANNIE MAE 6/01/2043 0.04%GREAT WALL MOTOR COMPANY-H 0.04%VERIZON COMM INC 9/15/2016 0.04%MORGAN STANLEY CAPITAL I TR 12/15/2043 0.04%COUNTRYWIDE ALTERNATIVE LOA 12/25/2035 0.04%REYNOLDS GROUP 4/15/2019 0.04%MONSANTO CO 0.04%JAPAN AIRLINES CO LTD 0.04%FANNIE MAE 6/01/2019 0.04%AMERIQUEST MORTGAGE SECURIT 2/25/2034 0.04%CONSTELLATION BRANDS INC-A 0.04%TUPRAS-TURKIYE PETROL RAFIN 0.04%KOMATSU LTD 0.04%FANNIE MAE 3/01/2023 0.04%INDONESIA (REP) 10/12/2035 0.04%NOVO NORDISK A/S-B 0.04%RIO TINTO LTD 0.04%CHINA MERCHANTS BANK-H 0.04%TURKEY REP OF 2/14/2034 0.03%FANNIE MAE 8/01/2026 0.03%FANNIE MAE 7/25/2036 0.03%FIRST FRANKLIN MTG LOAN ASS 11/25/2035 0.03%INTEL CORP 12/15/2035 0.03%TPU4S TOPIX INDX FUTR 9/17/2014 0.03%SOLIDIUM OY 9/29/2015 0.03%FANNIE MAE 2/01/2020 0.03%STRUCTURED ASSET SECURITIES 9/25/2024 0.03%WELLS FARGO CO 3/15/2040 0.03%EXELON CORP 0.03%FANUC CORP 0.03%CENTEX HOME EQUITY 1/25/2035 0.03%WHARF HOLDINGS LTD 0.03%Security% of PortfolioMORGAN STANLEY 12/29/2049 0.03%BB&T CORP 0.03%MEGAFON-GDR 0.03%INTEL CORP 8/01/2039 0.03%SUNSTONE HOTEL INVESTORS IN 0.03%BANK OF AMER CRP 6/17/2019 0.03%AMERICAN ELECTRIC POWER 0.03%LINDE AG 0.03%FANNIE MAE 5/01/2033 0.03%WEICHAI POWER CO LTD-H 0.03%MERCEDES-BENZ AUTO RECEIVAB 10/17/2016 0.03%ENTERGY CORP 0.03%CENTERPOINT ENERGY INC 0.03%CITIGROUP MORTGAGE LOAN TRU 9/25/2033 0.03%FREDDIE MAC 10/01/2042 0.03%FANNIE MAE 5/01/2023 0.03%SPLUNK INC 0.03%FREDDIE MAC 9/01/2042 0.03%CHINA OILFIELD SERVICES-H 0.03%FREDDIE MAC 3/01/2032 0.03%SCHWAB (CHARLES) CORP 0.03%TURKIYE IS BANKASI-C 0.03%CITRIX SYSTEMS 4/15/2019 0.03%CHASE FUNDING MORTGAGE LOAN 11/25/2034 0.03%RENAISSANCE HOME EQUITY LOA 12/25/2033 0.03%PETROLEOS MEXICA 6/02/2041 0.03%FANNIE MAE 1/01/2043 0.03%HON HAI PRECISION-GDR REG S 0.03%CBL & ASSOC PROP 0.03%FIRST DATA CORP 1/15/2022 0.03%NEDBANK GROUP LTD 0.03%TAUBMAN CENTERS INC 0.03%TIME INC 0.03%FANNIE MAE 6/01/2043 0.03%FRESENIUS MEDICAL CARE AG & 0.03%FIRST REPUBLIC BANK/CA 0.03%FANNIE MAE 9/25/2038 0.03%MASTR ASSET BACKED SECURITI 12/25/2034 0.03%STRIPS 5/15/2031 0.03%SJM HOLDINGS LTD 0.03%COUNTRYWIDE ASSET-BACKED CE 7/25/2034 0.03%STRUCTURED ASSET MORTGAGE I 3/19/2034 0.03%SUNCOR INC 6/01/2018 0.03%DUKE REALTY 2/15/2015 0.03%FANNIE MAE 4/01/2039 0.03%DEUTSCHE WOHNEN 11/22/2020 0.03%COLOMBIA REP OF 3/18/2019 0.03%FNA FRN 25 4/25/2023 0.03%FREDDIEMAC STRIP 9/15/2042 0.03%FANNIE MAE 4/01/2033 0.03%FREDDIE MAC 3/01/2044 0.03%FREDDIE MAC 10/01/2040 0.03%FANNIE MAE 7/01/2042 0.03%GS MORTGAGE SECURITIES TRUS 8/10/2044 0.03%AST Portfolio Holdings253 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioFANNIE MAE 7/01/2022 0.03%PRIVATE EXPT FDG 3/15/2019 0.03%GEN ELEC CAP CRP 3/15/2032 0.03%HOLCIM LTD-REG 0.03%BROOKFIELD ASSET MANAGE-CL 0.03%WELLPOINT INC 10/15/2042 0.03%MEXICAN BONOS 11/13/2042 0.03%LASALLE HOTEL PROPERTIES 0.03%UPM-KYMMENE OYJ 0.03%OLD MUTUAL PLC 0.03%ORACLE CORP 10/15/2022 0.03%PETROLEOS DE VEN 5/17/2035 0.03%FANNIE MAE 9/01/2042 0.03%SPRINT CORP 9/15/2023 0.03%REPUBLIC OF PERU 3/14/2037 0.03%STRUCTURED ASSET INVESTMENT 10/25/2033 0.03%DISCOVER BANK 2/21/2018 0.03%CHRYSLER GP/CG C 6/15/2021 0.03%INTELSAT JACKSON 10/15/2020 0.03%TRULIA INC 0.03%WESTERN UNION CO 0.03%SKANDINAV ENSKIL 3/19/2018 0.03%JAMAICA GOVT 7/09/2025 0.03%PBF ENERGY INC-CLASS A 0.03%ENI SPA 1/18/2016 0.03%FANNIE MAE 4/01/2044 0.03%FANNIE MAE 6/01/2020 0.03%DOMINION RESOURCES INC/VA 0.03%CITRIX SYSTEMS INC 0.03%GOLDMAN SACHS GP 1/22/2018 0.03%COUNTRYWIDE ALTERNATIVE LOA 1/25/2035 0.03%REPUBLIC OF ECUA 6/20/2024 0.03%ESSILOR INTERNATIONAL 0.03%HUTCHISON WHAMPOA LTD 0.03%CONOCOPHILLIPS 0.03%SPIRIT REALTY CAPITAL INC 0.03%PGE SA 0.03%MITSUBISHI CORP 0.03%POST HOLDINGS INC 0.03%GOVERNMENT NATIONAL MORTGAG 8/20/2028 0.03%MERCEDES-BENZ AUTO LEASE TR 2/15/2016 0.03%CCO HOLDINGS LLC 6/01/2020 0.03%INTERCONTINENTAL EXCHANGE I 0.03%TURK HAVA YOLLARI AO 0.03%FANNIE MAE 10/01/2042 0.03%FANNIE MAE 10/01/2032 0.03%LIBERTY INTERACT 3/30/2043 0.03%BANK OF AMER CRP 1/11/2018 0.03%BILLION EXPRESS 10/18/2015 0.03%FREDDIE MAC 4/01/2033 0.03%RESIDENTIAL ASSET MORTGAGE 9/25/2034 0.03%EQUITY ONE INC 0.03%RUSH ENTERPRISES INC-CL A 0.03%MORGAN STANLEY 4/29/2016 0.03%Security% of PortfolioPERNOD RICARD SA 0.03%FREDDIE MAC 3/15/2037 0.03%ABBVIE INC 11/06/2017 0.03%MAKITA CORP 0.03%A10 SECURITIZATION 11/15/2027 0.03%FREDDIE MAC 8/15/2024 0.03%TURKEY REP OF 3/22/2024 0.03%ALLEGHANY CORP 0.03%FANNIE MAE 6/01/2026 0.03%HCA HOLDINGS INC 5/15/2021 0.03%HYUNDAI MOBIS CO LTD 0.03%FANNIE MAE 6/25/2042 0.03%COUNTRYWIDE HOME LOANS 10/25/2037 0.03%FREDDIE MAC 3/01/2033 0.03%DIAMONDROCK HOSPITALITY CO 0.03%AMTRUST FINANCIAL SERVICES 0.03%CHESAPEAKE ENRGY 0.03%AABAR INVESTMENT 5/27/2016 0.03%FANNIE MAE 8/01/2032 0.03%VEEVA SYSTEMS INC-CLASS A 0.03%NOVADAQ TECHNOLOGIES INC 0.03%UKRAINE GOVT 7/24/2017 0.03%FANNIE MAE 10/01/2022 0.03%TOTAL SA 0.03%GEN ELEC CAP CRP 9/16/2020 0.03%STORA ENSO OYJ-R SHS 0.03%LA QUINTA HOLDINGS INC 0.03%WELLS FARGO HOME EQUITY TRU 10/25/2034 0.03%TREX COMPANY INC 0.03%STRUCTURED ASSET MORTGAGE I 1/19/2034 0.03%BANK OF AMER CRP 7/12/2016 0.03%PORTO SEGURO SA 0.03%BP CAPITAL PLC 5/06/2022 0.03%NIDEC CORP 0.03%FANNIEMAE WHOLE LOAN 11/25/2043 0.03%N-STAR REAL ESTATE CDO LTD 8/25/2029 0.03%FREDDIE MAC 9/01/2032 0.03%BEAR STEARNS ASSET BACKED S 9/25/2034 0.03%AMERICAN CAMPUS COMMUNITIES 0.03%CHESAPEAKE ENRGY 5/15/2037 0.03%COMMVAULT SYSTEMS INC 0.03%MACERICH CO/THE 0.03%FREDDIE MAC 8/15/2039 0.03%FREDDIE MAC 3/01/2032 0.03%UNITED STATES STEEL CORP 0.03%FNA 3.763 25 6/25/2021 0.03%NITTO DENKO CORP 0.03%FLUIDIGM CORP 0.03%INDYMAC HOME EQUITY LOAN AS 3/25/2035 0.03%FANNIE MAE 6/01/2043 0.03%FANNIE MAE 7/01/2043 0.03%HANG LUNG PROPERTIES LTD 0.03%AEGERION PHARMACEUTICALS IN 0.03%SAXON ASSET SECURITIES TRUS 8/25/2035 0.03%AST Portfolio Holdings254 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioFANNIE MAE 3/01/2043 0.03%BANK OF AMER CRP 1/11/2023 0.03%AXA SA 1/01/2017 0.03%INTL BUSINESS MACHINES CORP 0.03%BRAZIL NTN-F 1/01/2017 0.03%PRICELINE.COM 6/15/2020 0.03%ALTRIA GROUP INC 8/09/2022 0.03%FANNIE MAE 3/01/2023 0.03%CHASE FUNDING LOAN ACQUISIT 5/25/2034 0.03%WIPRO LTD-ADR 0.03%FANNIE MAE 7/01/2020 0.03%UDR INC 0.03%GLAXOSMITHKLINE 5/08/2022 0.03%FANNIE MAE 6/01/2033 0.03%CORPORATE OFFICE PROPERTIES 0.03%FREDDIE MAC 2/01/2033 0.03%COLOMBIA REP OF 1/18/2041 0.03%CENTEX HOME EQUITY 3/25/2034 0.03%UBS COMMERCIAL MORTGAGE TRU 5/10/2045 0.03%PACIFICORP 2/01/2022 0.03%VERICREST OPPORTUNITY LOAN 4/25/2055 0.03%RESIDENTIAL ASSET SECURITIE 3/25/2035 0.03%FANNIE MAE 8/25/2023 0.03%VMWARE INC-CLASS A 0.03%XILINX INC 0.03%FANNIE MAE 1/01/2034 0.03%HARMAN INTERNATIONAL 0.03%TREEHOUSE FOODS INC 0.03%ALEXANDRIA REAL ESTATE EQUI 0.03%COUNTRYWIDE ASSET-BACKED CE 11/25/2033 0.03%ROYAL CARIBBEAN CRUISES LTD 0.03%WINDSTREAM CORP 10/01/2021 0.03%HCA INC 2/15/2022 0.03%ACE SECURITIES CORP. 12/25/2033 0.03%DIRECTV 0.03%PING AN INSURANCE GROUP CO- 0.03%FANNIE MAE 6/01/2021 0.03%FANNIE MAE 4/01/2020 0.03%CROWN HOLDINGS INC 0.03%FANNIE MAE 12/01/2022 0.03%GOLDMAN SACHS GP 12/29/2049 0.03%FANNIE MAE 6/25/2041 0.03%FANNIE MAE 11/01/2032 0.03%CONOCOPHILLIPS 1/15/2020 0.02%WEINGARTEN REALTY INVESTORS 0.02%IMERYS SA 0.02%FANNIE MAE 5/01/2020 0.02%CENTRICA PLC 0.02%MORGAN STANLEY CAPITAL I TR 11/12/2041 0.02%SONY CORP 11/30/2017 0.02%HIGHWOODS PROPERTIES INC 0.02%MEGGITT PLC 0.02%WR BERKLEY CORP 0.02%UNITED RENTAL NA 5/15/2020 0.02%Security% of PortfolioFANNIE MAE 10/25/2037 0.02%PETROLEOS MEXICA 1/24/2022 0.02%HUDSON CITY BANCORP INC 0.02%JOHN DEERE OWNER TRUST 7/15/2016 0.02%HENGAN 0 CB 27 1044 HK RE 6/27/2018 0.02%FREDDIE MAC 3/01/2033 0.02%FANNIE MAE 3/01/2033 0.02%HUNGARY 3/25/2024 0.02%GBL VERWALTUNG S 2/07/2017 0.02%STRUCTURED ASSET MORTGAGE I 3/25/2046 0.02%COMMONWEALTH REI 0.02%COUNTRYWIDE ALTERNATIVE LOA 10/25/2035 0.02%TWENTY-FIRST CENTURY FOX - 0.02%NORTHEAST UTILITIES 0.02%SPECIALTY UNDERWRITING & RE 11/25/2034 0.02%MOSAIC CO/THE 0.02%FANNIE MAE 12/01/2022 0.02%TOTAL CAPITAL 1/28/2021 0.02%HYUNDAI AUTO RECEIVABLES TR 7/15/2017 0.02%BANC OF AMERICA FUNDING COR 10/25/2035 0.02%COUNTRYWIDE ASSET-BACKED CE 12/25/2034 0.02%SNAP-ON INC 0.02%FANNIE MAE 1/01/2026 0.02%AT&T INC 12/15/2042 0.02%FREDDIE MAC 3/15/2026 0.02%MASTR ALTERNATIVE LOANS TRU 12/25/2035 0.02%CREDIT SUISSE FIRST BOSTON 10/25/2034 0.02%EQT CORP 0.02%VEDANTA RESOURCE 7/13/2016 0.02%CHICONY ELECTRONICS CO LTD 0.02%WELLS FARGO CO 3/08/2022 0.02%GOVERNMENT NATIONAL MORTGAG 12/20/2062 0.02%BAIDU INC - SPON ADR 0.02%GEELY AUTOMOBILE HOLDINGS L 0.02%FANNIE MAE 7/01/2021 0.02%HALLA VISTEON CLIMATE CONTR 0.02%BRAZILIAN GOVERNMENT INTERN 1/05/2023 0.02%FANNIE MAE 12/01/2022 0.02%BB-UBS TRUST 6/05/2030 0.02%SUEZ ENVIRONNEMENT CO 0.02%NOKIA OYJ 10/26/2017 0.02%GOLDMAN SACHS GP 1/22/2023 0.02%COSTA RICA 4/04/2044 0.02%FANNIE MAE 10/01/2022 0.02%HONDA AUTO RECEIVABLES OWNE 11/21/2016 0.02%KROTON EDUCACIONAL SA 0.02%FANNIE MAE 8/01/2021 0.02%PARPUBLICA 9/28/2017 0.02%FIRST DATA CORP 11/01/2020 0.02%BROOKFIELD RESIDENTIAL PROP 0.02%IMPAC CMB TRUST 1/25/2035 0.02%AMERIQUEST MORTGAGE SECURIT 8/25/2032 0.02%DBRR TRUST 2/25/2045 0.02%SPRINT CAP CORP 3/15/2032 0.02%AST Portfolio Holdings255 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioFANNIE MAE 4/01/2022 0.02%BEAR STEARNS COMMERCIAL MOR 9/11/2041 0.02%GOVERNMENT NATIONAL MORTGAG 11/15/2039 0.02%CPS AUTO TRUST 4/16/2018 0.02%FANNIE MAE POOL 1/01/2023 0.02%CEMIG SA -SPONS ADR 0.02%FREDDIE MAC 10/15/2034 0.02%TURKEY REP OF 1/14/2041 0.02%AIR FRANCE-KLM 0.02%FANNIE MAE 5/01/2022 0.02%MGM MIRAGE 4/15/2015 0.02%COMPAGNIE DE SAINT-GOBAIN 0.02%TUI TRAVEL PLC 4/27/2017 0.02%ENI SPA 11/30/2015 0.02%SEMPRA ENERGY 10/01/2022 0.02%SALESFORCE.COM 4/01/2018 0.02%FANNIE MAE 10/01/2039 0.02%FHLMC STRUCTURED PASS THROU 7/25/2033 0.02%BIDVEST GROUP LTD 0.02%CLAIRE'S STORES 3/15/2019 0.02%CHARTER COMMUNICATION-A 0.02%OPTION ONE MORTGAGE LOAN TR 4/25/2033 0.02%KILROY REALTY LP 11/03/2015 0.02%CMS ENERGY CORP 0.02%MYLAN INC 0.02%ANHEUSER-BUSCH 7/15/2022 0.02%FNDUS 2.211 12/01/2022 0.02%SEQUOIA MORTGAGE TRUST 7/20/2036 0.02%CBS CORP-CLASS B NON VOTING 0.02%GOVERNMENT NATIONAL MORTGAG 3/16/2034 0.02%ACE SECURITIES CORP. 4/25/2034 0.02%NIDEC CORP 9/18/2015 0.02%STRIPS 2/15/2034 0.02%MORGAN STANLEY CAPITAL INC 7/25/2034 0.02%NXP SEMICONDUCTORS NV 0.02%GENERAL MILLS INC 0.02%FREDDIE MAC 7/15/2036 0.02%ARCELORMITTAL 0.02%ENERGIZER HOLDINGS INC 0.02%LITE-ON TECHNOLOGY CORP 0.02%MITSUBISHI ESTATE CO LTD 0.02%TELEFONICA BRASIL-ADR 0.02%TRW AUTOMOTIVE HOLDINGS COR 0.02%GCCFC COMMERCIAL MORTGAGE T 7/10/2038 0.02%GOVERNMENT NATIONAL MORTGAG 2/20/2062 0.02%XL GROUP PLC 0.02%CUBESMART 0.02%MORGAN STANLEY CAPITAL INC 8/25/2034 0.02%BIOMED REALTY TRUST INC 0.02%INDONESIA (REP) 10/17/2023 0.02%CSX CORP 0.02%WAMU MORTGAGE PASS-THROUGH 10/25/2035 0.02%FREDDIE MAC 2/15/2043 0.02%CUBESMART 0.02%Security% of PortfolioNEW CENTURY HOME EQUITY LOA 1/25/2034 0.02%FANNIEMAE WHOLE LOAN 6/25/2043 0.02%STRUCTURED ASSET INVESTMENT 9/25/2034 0.02%INEOS FINANCE PL 5/01/2020 0.02%FANNIE MAE 5/01/2023 0.02%TENET HEALTHCARE 6/01/2020 0.02%KAZMUNAYGAS NAT 4/30/2023 0.02%MICROCHIP TECH 12/15/2037 0.02%UNITED MEXICAN 1/21/2045 0.02%EBAY INC 0.02%JARDEN CORP 0.02%MSC INDUSTRIAL DIRECT CO-A 0.02%RENAISSANCE HOME EQUITY LOA 5/25/2034 0.02%WYNN MACAU LTD 0.02%LB-UBS COMMERCIAL MORTGAGE 2/15/2040 0.02%COVENTRY HEALTH 3/15/2017 0.02%FANNIEMAE WHOLE LOAN 5/25/2044 0.02%TIME WARNER INC 3/29/2021 0.02%AUST AND NZ BANKING GROUP 0.02%VERISIGN INC 8/15/2037 0.02%NEKTAR THERAPEUTICS 0.02%RESIDENTIAL ASSET SECURITIZ 6/25/2034 0.02%NBCUNIVERSAL ENT 4/15/2018 0.02%BARLOWORLD LTD 0.02%FREMONT HOME LOAN TRUST 7/25/2034 0.02%ENSCO PLC-CL A 0.02%FANNIEMAE WHOLE LOAN 7/25/2044 0.02%BAA FUNDING LTD 6/25/2015 0.02%KAZMUNAYGAS NAT 7/02/2018 0.02%COLOMBIA REP OF 2/26/2024 0.02%PHILIPPINES(REP) 3/16/2025 0.02%FNA 2.28 25 1/25/2023 0.02%VERIZON COMM INC 11/01/2042 0.02%DUKE ENERGY CORP 9/15/2019 0.02%CENOVUS ENERGY 8/15/2022 0.02%HCP INC 2/01/2019 0.02%AVIV REIT INC 0.02%TULLOW OIL PLC 0.02%SAXON ASSET SECURITIES TRUS 8/25/2035 0.02%FANNIE MAE 2/25/2043 0.02%AGGREKO PLC 0.02%DEUTSCHE POST AG 12/06/2019 0.02%REP OF PAKISTAN 4/15/2024 0.02%SUNEDISON INC 10/01/2018 0.02%ASTRA INTERNATIONAL TBK PT 0.02%LB-UBS COMMERCIAL MORTGAGE 2/15/2040 0.02%GOVERNMENT NATIONAL MORTGAG 4/20/2060 0.02%STRUCTURED ADJUSTABLE RATE 7/25/2034 0.02%ZHEN DING TECHNOLOGY HOLDIN 0.02%FANNIE MAE 7/01/2041 0.02%BPCE 10/22/2023 0.02%NATIONAL HEALTHCARE CORP 0.02%BEAR STEARNS COMMERCIAL MOR 6/11/2050 0.02%GOVERNMENT NATIONAL MORTGAG 2/20/2063 0.02%AST Portfolio Holdings256 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioFREDDIE MAC 2/01/2026 0.02%COUNTRYWIDE ALTERNATIVE LOA 2/25/2035 0.02%E-MART CO LTD 0.02%GENUINE PARTS CO 0.02%FANNIE MAE 10/01/2035 0.02%STRUCTURED ASSET INVESTMENT 10/25/2033 0.02%BARCLAYS BK PLC 12/04/2017 0.02%BEAR STEARNS ADJUSTABLE RAT 5/25/2034 0.02%CHINA RESOURCES CEMENT 0.02%FIREEYE INC 0.02%HYDRO-QUEBEC 7/07/2024 0.02%BANK OF AMER CRP 6/01/2019 0.02%FREDDIE MAC 1/15/2034 0.02%REALTEK SEMICONDUCTOR CORP 0.02%JASMINE INTL PCL-NVDR 0.02%FORD CREDIT AUTO OWNER TRUS 12/15/2017 0.02%LEVEL 3 FIN INC 7/15/2020 0.02%FIRST GULF BANK 0.02%VERIZON COMM INC 9/15/2033 0.02%MEDCO HEALTH SOL 9/15/2015 0.02%FANNIE MAE 3/01/2034 0.02%JP MORGAN MORTGAGE TRUST 8/25/2022 0.02%L-3 COMMUNICATIONS HOLDINGS 0.02%FORD MOTOR CO 11/15/2016 0.02%AMER INTL GROUP 8/15/2020 0.02%DCP MIDSTREAM OP 3/15/2023 0.02%NATIONAL RETAIL PROPERTIES 0.02%WELLS FARGO MORTGAGE BACKED 4/25/2036 0.02%INDYMAC HOME EQUITY LOAN AS 11/25/2034 0.02%FLAGSHIP CREDIT AUTO TRUST 1/15/2019 0.02%MANDO CORP 0.02%CD COMMERCIAL MORTGAGE TRUS 7/15/2044 0.02%MEXICAN UTD STS 9/27/2034 0.02%HUADIAN POWER INTL CORP-H 0.02%BANK OF AMER CRP 12/29/2049 0.02%MORGAN STANLEY 2/25/2023 0.02%SOFTBANK CORP 0.02%PNC BANK NA 11/01/2022 0.02%OCCIDENTAL PETROLEUM CORP 0.02%OMEGA HEALTHCARE INVESTORS 0.02%CAPITAL ONE BANK 2/15/2023 0.02%FREDDIE MAC 8/01/2030 0.02%TELECOM IT FIN 11/15/2016 0.02%KAPSTONE PAPER AND PACKAGIN 0.02%CVS CAREMARK 12/01/2022 0.02%GOVERNMENT NATIONAL MORTGAG 4/20/2033 0.02%ANADARKO PETRO 9/15/2017 0.02%FANNIE MAE 12/01/2022 0.02%SUBSEA 7 SA 10/05/2017 0.02%FANNIEMAE WHOLE LOAN 9/25/2042 0.02%MORGAN STANLEY REREMIC TRUS 7/27/2049 0.02%GEN ELEC CAP CRP 12/15/2040 0.02%EVEREST ACQ LLC 5/01/2020 0.02%BEAR STEARNS ASSET BACKED S 3/25/2034 0.02%Security% of PortfolioFANNIEMAE WHOLE LOAN 10/25/2042 0.02%FANNIEMAE WHOLE LOAN 2/25/2044 0.02%REPUBLIC OF PERU 11/21/2033 0.02%ITV PLC 0.02%CAIXA ECONOMICA 11/07/2022 0.02%VERIZON COMM INC 9/15/2020 0.02%BROOKDALE SENIOR LIVING INC 0.02%ASTRAZENECA PLC 0.02%HD SUPPLY INC 4/15/2019 0.02%MASTR ASSET SECURITIZATION 12/25/2033 0.02%FANNIEMAE-ACES 12/25/2019 0.02%NATIONAL BANK HOLD-CL A 0.02%HSBC BANK PLC 8/12/2020 0.02%REPUBLIC OF IRAQ 1/15/2028 0.02%FHMS FRN 25 1/25/2019 0.02%COUNTRYWIDE ASSET-BACKED CE 6/25/2033 0.02%CAPITAL AUTO RECEIVABLES AS 7/20/2016 0.02%SEMPRA ENERGY 4/01/2017 0.02%FMG RES 11/01/2019 0.02%AMERICAN HOMES 4 RENT- A 0.02%COUNTRYWIDE ASSET-BACKED CE 10/25/2033 0.02%AMERICAN RESIDENTIAL PROPER 0.02%ING US INC 2/15/2018 0.02%COUNTRYWIDE ALTERNATIVE LOA 9/25/2034 0.02%VERIFONE SYSTEMS INC 0.02%HEALTHCARE REALTY TRUST INC 0.02%MORGAN STANLEY CAPITAL INC 5/25/2034 0.02%MORGAN STANLEY CAPITAL I TR 12/15/2043 0.02%REGENCY CENTERS CORP 0.02%PETROLEOS DE VEN 4/12/2027 0.02%PEBBLEBROOK HOT 0.02%SPRINGLEAF MORTGAGE LOAN TR 12/25/2065 0.02%WELLS FARGO CO 11/02/2043 0.02%MORGAN STANLEY CAPITAL INC 8/25/2034 0.02%OLD REPUBLIC INTL CORP 0.02%LINN ENERGY LLC 2/01/2021 0.02%SUNSTONE HOTEL 0.02%GUANGZHOU R&F PROPERTIES - 0.02%TESLA MOTORS INC 3/01/2019 0.02%HKEX INTERNATION 10/23/2017 0.02%HOME EQUITY ASSET TRUST 6/25/2033 0.02%PERTAMINA 5/23/2021 0.02%RADIANT OPTO-ELECTRONICS CO 0.02%TAUBMAN CENTERS 0.02%FANNIE MAE 1/01/2039 0.02%MORGAN STANLEY 5/13/2019 0.02%GOLDMAN SACHS GP 2/15/2019 0.02%BNP PARIBAS 9/27/2016 0.02%AVAYA INC 4/01/2019 0.02%GSAMP TRUST 10/25/2034 0.02%SPRINGLEAF MORTGAGE LOAN TR 12/25/2065 0.02%PUGET SOUND ENRG 6/01/2067 0.02%ML-CFC COMMERCIAL MORTGAGE 9/12/2049 0.02%CLUBCORP HOLDINGS INC 0.02%AST Portfolio Holdings257 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioINDONESIA (REP) 1/15/2044 0.02%QATAR NATIONAL BANK 0.02%STEINHOFF FINANC 3/31/2018 0.02%INTESA SANPAOLO 1/12/2024 0.02%PLAINS ALL AMER 1/15/2020 0.02%STRUCTURED ASSET INVESTMENT 7/25/2033 0.02%SANDISK CORP 0.02%COUNTRYWIDE ALTERNATIVE LOA 9/25/2033 0.02%ENKA INSAAT VE SANAYI AS 0.02%ORACLE CORP 0.02%GEN ELEC CAP CRP 1/14/2038 0.02%FREDDIE MAC 7/01/2023 0.02%ROMANIA 1/22/2024 0.02%COBALT CMBS COMMERCIAL MORT 8/15/2048 0.02%WALGREEN CO 0.02%PETROLEOS DE VEN 2/17/2022 0.02%TECHNIP 1/01/2017 0.02%HLSS SERVICER ADVANCE RECEI 8/15/2044 0.02%LUKOIL INTL FIN 6/16/2015 0.02%BANK OF MONTREAL 4/09/2018 0.02%GILEAD SCIENCES 4/01/2021 0.02%AMERICAN EXPRESS 5/22/2018 0.02%IVORY COAST 12/31/2032 0.02%APACHE CORP 0.02%OPTION ONE MORTGAGE LOAN TR 6/25/2033 0.02%AMERICA MOVIL SA 7/16/2022 0.02%XCEL ENERGY INC 5/15/2020 0.02%PRICELINE.COM 3/15/2018 0.02%TURKEY REP OF 3/11/2019 0.02%ACS ACTIVIDADES 3/27/2019 0.02%DIGITAL REALTY TRUST INC 0.02%MORGAN STANLEY MORTGAGE LOA 6/25/2021 0.02%CNH EQUIPMENT TRUST 12/15/2017 0.02%IVORY COAST-PDI 7/23/2024 0.02%BOEING CO 8/15/2024 0.02%MORGAN STANLEY 4/27/2017 0.02%LONG BEACH MORTGAGE LOAN TR 9/25/2034 0.02%KDDI CORP 0.02%CIGNA CORP 0.02%FIRST HORIZON MORTGAGE PASS 2/25/2035 0.02%ROMANIA 1/22/2044 0.02%NVIDIA CORP 12/01/2018 0.02%T-MOBILE USA INC 4/28/2022 0.02%MERRILL LYNCH MORTGAGE INVE 10/25/2035 0.02%AIR LEASE CORP 1/15/2019 0.02%CREDIT SUISSE FIRST BOSTON 8/25/2020 0.02%COUNTRYWIDE HOME LOANS 2/25/2035 0.02%COUNTRYWIDE ASSET-BACKED CE 10/25/2034 0.02%OPAP SA 0.02%FREDDIE MAC 12/01/2024 0.02%MLCC MORTGAGE INVESTORS INC 3/25/2028 0.02%TOLL BROTHERS INC 0.02%DOMINION RES 3/15/2021 0.02%GOVERNMENT NATIONAL MORTGAG 2/20/2037 0.02%Security% of PortfolioCITIGROUP INC 1/14/2022 0.02%BANQ FED CRD MUT 1/22/2019 0.02%AMER INTL GROUP 12/15/2020 0.02%BRAZIL REP OF 1/20/2034 0.02%WELLS FARGO CO 4/01/2021 0.02%PANAMA 9/30/2027 0.02%INDONESIA (REP) 1/15/2024 0.02%ICELAND (REP OF) 5/11/2022 0.02%WORLD OMNI AUTOMOBILE LEASE 12/15/2016 0.02%WONIK IPS CO LTD 0.02%MACY'S INC 0.02%JACK HENRY & ASSOCIATES INC 0.02%TORONTO DOM BANK 4/30/2018 0.02%VALEANT PHARMA 10/01/2020 0.02%RYDER SYSTEM INC 6/01/2017 0.02%PULTEGROUP INC 0.01%ARES CAPITAL COR 1/15/2018 0.01%BIOMET INC 8/01/2020 0.01%SERTA SIMMONS 10/01/2020 0.01%DOW CHEMICAL CO/THE 0.01%FIRST HORIZON MORTGAGE PASS 8/25/2036 0.01%FANNIE MAE 4/01/2037 0.01%MOSAIC CO 11/15/2033 0.01%LYONDELLBASELL INDU-CL A 0.01%VENTAS REALTY LP 3/01/2022 0.01%ARROW ELECTRONICS INC 0.01%AUST & NZ BANK 3/19/2024 0.01%SPX CORP 0.01%LLOYDS BANKING GROUP PLC 0.01%CHIPOTLE MEXICAN GRILL INC 0.01%NOVELLUS SYS 5/15/2041 0.01%BANC OF AMERICA ALTERNATIVE 6/25/2046 0.01%ALLY FINANCIAL 1/27/2019 0.01%HCP INC 5/01/2017 0.01%ECUADOR-DEF-PDI 12/15/2015 0.01%EASTGROUP PROPERTIES INC 0.01%EXPRESS SCRIPTS 11/15/2021 0.01%TECO ELECTRIC & MACHINERY 0.01%AIRGAS INC 0.01%FANNIEMAE WHOLE LOAN 7/25/2044 0.01%TERADYNE INC 0.01%RIO TINTO FINANC 8/21/2022 0.01%COUSINS PROPERTIES INC 0.01%RLJ LODGING TRUST 0.01%SOCIETE GENERALE SA 0.01%NORTHROP GRUMMAN CORP 0.01%FREDDIE MAC 6/01/2030 0.01%APPLE INC 5/04/2043 0.01%ENN ENERGY HLDG 2/26/2018 0.01%CITIGROUP INC 6/09/2016 0.01%FANNIEMAE WHOLE LOAN 12/25/2049 0.01%FANNIE MAE 12/25/2031 0.01%GLIMCHER REALTY TRUST 0.01%SKYWORTH DIGITAL HLDGS LTD 0.01%AST Portfolio Holdings258 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioEXCEL TRUST INC 0.01%AMAZON.COM INC 11/29/2022 0.01%TORONTO-DOMINION BANK 0.01%FREDDIE MAC 11/01/2037 0.01%NRG ENERGY INC 1/15/2018 0.01%STRUCTURED ASSET INVESTMENT 4/25/2033 0.01%AMERIQUEST MORTGAGE SECURIT 9/25/2033 0.01%CHEC LOAN TRUST 7/25/2034 0.01%AKAMAI TECH 2/15/2019 0.01%FANNIE MAE 5/01/2033 0.01%LG&E & KU ENERGY 11/15/2015 0.01%PARKWAY PROPERTIES INC 0.01%DAIMLER AG-REGISTERED SHARE 0.01%ESTEE LAUDER COMPANIES-CL A 0.01%TAUBMAN CENTERS 0.01%FANNIE MAE 10/01/2025 0.01%TENET HEALTHCARE 8/01/2020 0.01%LA CAIXA 11/25/2017 0.01%ARGNT BODEN 10/03/2015 0.01%ACBEL POLYTECH INC 0.01%SVB FINANCIAL GROUP 0.01%RUSSIA-EUROBOND 4/04/2042 0.01%HSBC HOLDINGS 4/05/2021 0.01%PP&L CAPITAL FDG 3/30/2067 0.01%CEMEX SAB 3/15/2015 0.01%POU CHEN 0.01%MERRILL LYNCH MORTGAGE INVE 7/25/2034 0.01%BRANDYWINE REALTY TRUST 0.01%YAHOO JAPAN CORP 0.01%BANK OF AMER CRP 10/09/2015 0.01%SL GREEN REALTY CORP 0.01%LONZA GROUP AG-REG 0.01%SINCLAIR TELE 4/01/2021 0.01%FREDDIE MAC 2/15/2029 0.01%NH FOODS LTD 0.01%EMC CORP/MA 0.01%GOODYEAR TIRE 8/15/2020 0.01%MET LIFE GLOB 4/11/2022 0.01%LENNAR CORP 11/15/2021 0.01%SABINE PASS LIQU 4/15/2023 0.01%TENN VALLEY AUTH 1/15/2048 0.01%DUBAI ISLAMIC BANK 0.01%SAUL CENTERS INC 0.01%FREESCALE SEMICONDUCTOR LTD 0.01%VIMPELCOM LTD-SPON ADR 0.01%WELLS FARGO MORTGAGE BACKED 9/25/2034 0.01%FUJI ELECTRIC CO LTD 0.01%KOSE CORP 0.01%REP OF PAKISTAN 4/15/2024 0.01%SWEDBANK AB - A SHARES 0.01%BEAR STEARNS COMMERCIAL MOR 6/11/2040 0.01%ADIDAS AG 6/14/2019 0.01%GLENCORE FINANCE 12/31/2014 0.01%AMERICAN EXPRESS 12/02/2022 0.01%Security% of PortfolioAMERICA MOVIL SA 3/30/2020 0.01%ASSET BACKED FUNDING CERTIF 7/25/2033 0.01%CAPITALAND LTD 6/19/2020 0.01%BANK OF NY MELLO 12/29/2049 0.01%ALLIED WORLD ASSURANCE CO 0.01%CDP FINANCIAL 11/25/2019 0.01%AMERIQUEST MORTGAGE SECURIT 4/25/2034 0.01%TE CONNECTIVITY LTD 0.01%STARWOOD PROP TR 3/01/2018 0.01%COUNTRYWIDE HOME LOANS 12/25/2036 0.01%PERTAMINA 5/30/2044 0.01%WHITING PETROLEUM CORP 0.01%EMBARQ CORP 6/01/2036 0.01%MOLSON COORS BREWING CO -B 0.01%GENL GROWTH PROP 0.01%ZIMMER HOLDINGS INC 0.01%GLIMCHER REALTY 0.01%DECKERS OUTDOOR CORP 0.01%TELEPERFORMANCE 0.01%BROTHER INDUSTRIES LTD 0.01%ITOCHU CORP 0.01%ENBRIDGE INC 10/01/2023 0.01%STATOIL ASA 0.01%ELI LILLY & CO 0.01%GSAMP TRUST 12/25/2036 0.01%UNIBAIL-RODAMCO 1/01/2018 0.01%SGS SA-REG 0.01%COBALT INTL ENER 12/01/2019 0.01%AMERIQUEST MORTGAGE SECURIT 1/25/2034 0.01%HUNGARIAN STATE 4/02/2019 0.01%TIME WARNER CABLE 0.01%JP MORGAN MORTGAGE TRUST 12/25/2034 0.01%MASCO CORP 0.01%HERTZ CORP 10/15/2020 0.01%BT GROUP PLC 0.01%APERAM 0.01%T&D HOLDINGS INC 0.01%CHENIERE ENERGY INC 0.01%CHALLENGER LTD 0.01%IBM CORP 8/01/2023 0.01%TOFAS TURK OTOMOBIL FABRIKA 0.01%VERIZON COMM INC 9/15/2043 0.01%ALLERGAN INC 0.01%INVENTEC CORP 0.01%FANNIEMAE WHOLE LOAN 5/25/2044 0.01%INTELSAT LUXEMB 6/01/2021 0.01%CHESAPEAKE ENRGY 8/15/2020 0.01%AT&T INC 11/27/2018 0.01%CAMERON INTERNATIONAL CORP 0.01%TESLA MOTORS INC 6/01/2018 0.01%VIRGIN MEDIA SEC 4/15/2021 0.01%SPECTRA ENERGY 3/01/2020 0.01%AIRCASTLE LTD 4/15/2020 0.01%MID-STATE TRUST 12/15/2045 0.01%AST Portfolio Holdings259 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioCREDIT AGRICOLE 4/15/2024 0.01%CEMEX SAB 3/15/2016 0.01%WELLS FARGO MORTGAGE BACKED 3/25/2037 0.01%HJ HEINZ CO 10/15/2020 0.01%IDEX CORP 0.01%IBERDROLA SA 0.01%COCA-COLA ENTERPRISES 0.01%COACH INC 0.01%LITHUANIA 2/11/2020 0.01%ENEL SPA 0.01%SINOPEC GRP OVER 10/17/2043 0.01%APARTMENT INVEST 0.01%SIERRA PAC POWER 5/15/2016 0.01%TOYOTA AUTO RECEIVABLES OWN 1/17/2017 0.01%FANNIE MAE 4/01/2036 0.01%OPTION ONE MORTGAGE LOAN TR 7/25/2033 0.01%HUNGARY 11/22/2023 0.01%ONEOK PARTNERS 2/01/2016 0.01%WAL-MART STORES 10/25/2040 0.01%COBALT INTL ENER 5/15/2024 0.01%SUNCOR ENERGY INC 0.01%CREDIT SUISSE FIRST BOSTON 11/25/2020 0.01%LG HAUSYS LTD 0.01%FANNIE MAE 2/01/2035 0.01%SALIX PHARMACEUT 3/15/2019 0.01%BAXTER INTERNATIONAL INC 0.01%ITT CORP 0.01%DDR CORP 1/15/2021 0.01%JP MORGAN MORTGAGE TRUST 7/25/2035 0.01%UNITED TECH CORP 0.01%YAMAHA MOTOR CO LTD 0.01%NGK SPARK PLUG CO LTD 0.01%NIPPON TELEGRAPH & TELEPHON 0.01%ASHLAND INC 8/15/2022 0.01%BIOMARIN PHARM 10/15/2018 0.01%FANNIE MAE 6/01/2023 0.01%MLCC MORTGAGE INVESTORS INC 10/25/2028 0.01%GEN ELEC CAP CRP 4/02/2018 0.01%ACE SECURITIES CORP. 11/25/2050 0.01%JONES LANG LASALLE INC 0.01%DNB BANK 4/03/2017 0.01%ADT CORP 10/15/2021 0.01%LOCKHEED MARTIN 9/15/2021 0.01%GOLDMAN SACHS GP 7/19/2018 0.01%TEXAS COMPETITIVE ELECTRIC 10/10/2017 0.01%BONAR X 4/17/2017 0.01%ACTAVIS PLC 0.01%LYONDELLBASELL 4/15/2019 0.01%COUNTRYWIDE HOME LOANS 3/25/2035 0.01%GOLDMAN SACHS GP 5/01/2036 0.01%PLAINS ALL AMER PIPELINE LP 0.01%COWAY CO LTD 0.01%LEAR CORP 0.01%INTESA SANPAOLO 0.01%Security% of PortfolioSWEDBANK AB 3/12/2018 0.01%ICONIX BRAND GRP 3/15/2018 0.01%HERTZ GLOBAL HOLDINGS INC 0.01%BURLINGTON NORTH 9/15/2021 0.01%SPRINT NEXTEL 11/15/2018 0.01%IMPAC CMB TRUST 10/25/2034 0.01%UPCB FIN III 7/01/2020 0.01%CENTURYLINK INC 0.01%PENN REAL ESTATE INVEST TST 0.01%PERFECT WORLD CO-SPON ADR 0.01%HYUNDAI MOTOR-GDR 0.01%THERMO FISHER SCIENTIFIC IN 0.01%OUTOKUMPU OYJ 0.01%ROYAL BK CANADA 9/19/2017 0.01%AT&T INC 2/15/2022 0.01%AUTODESK INC 0.01%NORTHWEST AIR 07 11/01/2019 0.01%VANGUARD INTERNATIONAL SEMI 0.01%MOSCOW EXCHANGE MICEX-RTS 0.01%ROHM CO LTD 0.01%AMER AIRLINES 20 1/15/2023 0.01%HELMERICH & PAYNE 0.01%J.C. PENNEY CO INC 0.01%FOSUN INTERNATIONAL 0.01%AMOREPACIFIC CORP 0.01%BPOST SA 0.01%ABN AMRO BANK NV 10/30/2018 0.01%GS HOME SHOPPING INC 0.01%FREDDIE MAC 1/15/2041 0.01%ALLEGION PLC 0.01%NORSK HYDRO ASA 0.01%WESTERN DIGITAL CORP 0.01%ARCHER-DANIELS-MIDLAND CO 0.01%FANNIE MAE 10/01/2027 0.01%FERROVIAL SA 0.01%CENTURYLINK INC 3/15/2022 0.01%MORGAN STANLEY 7/28/2021 0.01%SAMSUNG ELEC AM 4/10/2017 0.01%HONDURAS 12/16/2020 0.01%ROYAL BK SCOTLND 12/15/2022 0.01%STERICYCLE INC 0.01%TIME WARNER INC 3/15/2040 0.01%HYATT HOTELS CORP - CL A 0.01%ST JUDE MEDICAL INC 0.01%DEUTSCHE TELEKOM AG-REG 0.01%EURO 0.01%CORETRONIC CORP 0.01%DOUGLAS EMMETT INC 0.01%PRINCIPAL FINANCIAL GROUP 0.01%EQUITY LIFESTYLE PROPERTIES 0.01%SPIRIT AIRLINES INC 0.01%PERKINELMER INC 0.01%MORGAN STANLEY CAPITAL INC 1/25/2034 0.01%XILINX INC 6/15/2017 0.01%AST Portfolio Holdings260 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioDUKE ENERGY CORP 8/15/2022 0.01%FORD MOTOR CRED 5/09/2016 0.01%DUKE ENERGY CORP 8/15/2017 0.01%HOSPIRA INC 0.01%SPRINGLEAF FUNDING TRUST 9/15/2021 0.01%NEXSTAR BROADC 11/15/2020 0.01%AMERISOURCEBERGEN CORP 0.01%ARCELORMITTAL 2/25/2022 0.01%RENAISSANCE HOME EQUITY LOA 8/25/2033 0.01%AMC ENTERTAINMNT 12/01/2020 0.01%NATL AUSTR BK LT 1/20/2023 0.01%RAYTHEON COMPANY 0.01%LEND LEASE GROUP 0.01%GLIMCHER REALTY 0.01%ELECTRONIC ARTS 7/15/2016 0.01%BRAZIL REP OF 1/07/2025 0.01%MARINE HARVEST 5/08/2018 0.01%STARWOOD HOTELS & RESORTS 0.01%LIBERTY MEDIA 10/15/2023 0.01%SIGMA-ALDRICH 0.01%GRAND KOREA LEISURE CO LTD 0.01%NORFOLK SOUTHERN CORP 0.01%HSBC USA INC 1/16/2018 0.01%VNO MORTGAGE TRUST 11/15/2030 0.01%PREMIER INC-CLASS A 0.01%PEABODY ENERGY 11/15/2021 0.01%MAGNA INTERNATIONAL INC 0.01%SYNOPSYS INC 0.01%FANNIE MAE 10/25/2035 0.01%FNMA PRIN STP 5/15/2030 0.01%BREITBURN ENERGY 4/15/2022 0.01%HUNGARY 2/21/2023 0.01%SM ENERGY CO 0.01%BAKER HUGHES INC 0.01%ENTERGY ARKANSAS 2/15/2021 0.01%ENTERPRISE PRODU 2/15/2043 0.01%AEROFLOT-RUSSIAN AIRLINES 0.01%SMITH & NEPHEW PLC 0.01%SIRIUS XM RADIO 7/15/2024 0.01%VERICREST OPPORTUNITY LOAN 4/25/2053 0.01%ENVISION HEALTHCARE HOLDING 0.01%INTL CONSOLIDAT 5/31/2018 0.01%INDONESIA (REP) 4/15/2023 0.01%NEW CENTURY HOME EQUITY LOA 11/25/2033 0.01%SIRONA DENTAL SYSTEMS INC 0.01%CAP GEMINI 0.01%ARTERIS SA 0.01%KRAFT FOODS GROU 6/04/2042 0.01%FANNIEMAE GRANTOR TRUST 7/25/2042 0.01%AT&T INC 6/01/2017 0.01%FANNIE MAE 12/01/2029 0.01%FREDDIE MAC 6/01/2035 0.01%SUNEDISON INC 1/15/2020 0.01%HEWLETT-PACK CO 9/15/2041 0.01%Security% of PortfolioHEXION US FIN 4/15/2020 0.01%NITORI HOLDINGS CO LTD 0.01%FREDDIE MAC 5/15/2036 0.01%WAMU MORTGAGE PASS-THROUGH 8/25/2035 0.01%LAKE COUNTRY MORTGAGE LOAN 7/25/2034 0.01%GOVERNMENT NATIONAL MORTGAG 6/20/2025 0.01%ENERGEN CORP 0.01%EL SALVADOR REP 1/30/2025 0.01%FORD OTOMOTIV SANAYI AS 0.01%BECTON DICKINSON AND CO 0.01%ARDAGH PKG FIN 10/15/2020 0.01%STRUCTURED ASSET SECURITIES 5/25/2035 0.01%COVIDIEN PLC 0.01%MERCEDES-BENZ AUTO RECEIVAB 8/15/2017 0.01%RZD CAPITAL PLC 4/05/2022 0.01%FANNIEMAE STRIP 2/25/2028 0.01%PROSPECT CAPITAL 1/15/2019 0.01%JM SMUCKER CO/THE 0.01%A10 SECURITIZATION 11/15/2025 0.01%REP SOUTH AFRICA 2/28/2048 0.01%REGENCY CENTERS 6/15/2017 0.01%XEROX CORP 0.01%ROYAL BK CANADA 10/01/2018 0.01%ASSET BACKED FUNDING CERTIF 11/25/2033 0.01%WESTAR ENERGY INC 0.01%WAMU MORTGAGE PASS-THROUGH 6/25/2018 0.01%OMNICARE INC 2/15/2044 0.01%UNIBAIL-RODAMCO 7/01/2021 0.01%ADVANCED SEMICON 9/05/2018 0.01%CTC MEDIA INC 0.01%BRITVIC PLC 0.01%FIDELITY NATIONAL INFORMATI 0.01%SHENZHEN INTL HOLDINGS 0.01%WACHOVIA BANK COMMERCIAL MO 7/15/2045 0.01%LS CORP 0.01%FOOT LOCKER INC 0.01%AES CORP 6/01/2020 0.01%DUKE ENERGY CAR 6/15/2020 0.01%CAMDEN PROP TRST 5/15/2017 0.01%SAXON ASSET SECURITIES TRUS 6/25/2033 0.01%BS FINANCIAL GROUP INC 0.01%JARDEN CORP 3/15/2034 0.01%CRED AGRICOLE SA 9/19/2033 0.01%TOKYO TATEMONO CO LTD 0.01%HUNGARY 3/29/2041 0.01%COMPEQ MANUFACTURING CO LTD 0.01%ACTELION LTD-REG 0.01%YARA INTERNATIONAL ASA 0.01%ACE SECURITIES CORP. 11/25/2035 0.01%DAIWA HOUSE INDUSTRY CO LTD 0.01%UBI BANCA SCPA 0.01%WESTFIELD CORP 0.01%METLIFE INC 0.01%VALE OVERSEAS 1/11/2022 0.01%AST Portfolio Holdings261 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioCOOLPAD GROUP LTD 0.01%CAN IMPERIAL BK OF COMMERCE 0.01%SUNGARD DATA 11/01/2019 0.01%KENDA RUBBER INDUSTRIAL CO 0.01%CENTURYLINK INC 12/01/2023 0.01%AMGEN INC 5/22/2024 0.01%PERSIMMON PLC 0.01%3I GROUP PLC 0.01%NEXTERA ENERGY 0.01%STATE STREET COR 11/20/2023 0.01%PREMIER OIL PLC 0.01%MOLINA HEALTHCAR 1/15/2020 0.01%BEAR STEARNS ASSET BACKED S 9/25/2035 0.01%GARMIN LTD 0.01%INGERSOLL-RAND PLC 0.01%SOUTH AFRICA 5/27/2019 0.01%SVENSKA HNDLSBKN 1/25/2019 0.01%TORCHMARK CORP 0.01%FREDDIE MAC 5/15/2034 0.01%MISARTE 1/01/2016 0.01%STANLEY BLACK & DECKER INC 0.01%ENCORE CAPITAL 7/01/2020 0.01%NEXTERA ENERGY 0.01%DOW CHEMICAL CO 11/15/2022 0.01%LB-UBS COMMERCIAL MORTGAGE 9/15/2045 0.01%YANDEX NV 12/15/2018 0.01%ROBERT HALF INTL INC 0.01%ENEL SPA 9/24/2073 0.01%ACMP/ACMP FIN 7/15/2022 0.01%HOME RETAIL GROUP 0.01%CIGNA CORP 2/15/2022 0.01%TDC A/S 0.01%MARVELL TECHNOLOGY GROUP LT 0.01%REGAL-BELOIT CORP 0.01%MICHELIN CGDE 1/01/2017 0.01%CITIGROUP INC 12/29/2049 0.01%CITIGROUP MORTGAGE LOAN TRU 9/25/2035 0.01%RENAULT SA 0.01%RALLYE SA 10/02/2020 0.01%SWISS RE AG 0.01%HOMESTAR MORTGAGE ACCEPTANC 9/25/2034 0.01%UNION PAC RES 5/15/2028 0.01%BRITISH LAND CO PLC 0.01%RYDER SYSTEM INC 0.01%QIHOO 360 TECH 9/15/2018 0.01%EXELON CORP 0.01%INVESTEC PLC 0.01%PANAMA 4/01/2029 0.01%FREDDIE MAC 12/15/2034 0.01%TELECOM ITALIA SPA 0.01%PANDORA A/S 0.01%PUBLIC SERVICE ENTERPRISE G 0.01%QUEBECOR MEDIA 1/15/2023 0.01%TELEFONICA EMIS 4/27/2023 0.01%Security% of PortfolioTAV HAVALIMANLARI HOLDING A 0.01%UNIVERSAL HEALTH SERVICES-B 0.01%BAYERISCHE MOTOREN WERKE AG 0.01%MGM RESORTS 2/01/2019 0.01%LAREDO PETROLEUM INC 0.01%ASAHI KASEI CORP 0.01%FUJIFILM HOLDINGS CORP 0.01%DISCOVER FINANCIAL SERVICES 0.01%MANPOWERGROUP INC 0.01%HCP INC 2/01/2020 0.01%COUNTRYWIDE HOME LOANS 6/25/2034 0.01%SILGAN HOLDINGS INC 0.01%BHP FINANCE USA 9/30/2043 0.01%FANNIE MAE 2/25/2042 0.01%DIRECTV HLDGS/FN 3/15/2042 0.01%CISCO SYSTEMS 1/15/2040 0.01%MYLAN INC 7/15/2020 0.01%ELISA OYJ 0.01%AVIVA PLC 0.01%STRUCTURED ASSET SECURITIES 3/25/2033 0.01%BANK OF AMER CRP 3/15/2017 0.01%CARILLION PLC 0.01%COSTAR GROUP INC 0.01%RANDON PARTICIPACOES SA-PRE 0.01%AVNET INC 0.01%TUI AG 0.01%HYNIX SEMI INC 5/14/2015 0.01%CITIGROUP INC 9/13/2043 0.01%CREDIT AGRICOLE SA 0.01%ALTRAN TECHNOLOGIES SA 0.01%CENTERPOINT ENER 9/15/2029 0.01%AON PLC 0.01%ITC HOLDINGS COR 6/15/2024 0.01%CVS CAREMARK 12/05/2023 0.01%ALCATEL-LUCENT 0.01%JAPAN AVIATION ELECTRONICS 0.01%TECHNICOLOR - REGR 0.01%FANNIE MAE 4/25/2038 0.01%CITIGROUP INC 5/22/2019 0.01%RICHTER GEDEON NYRT 0.01%CITIGROUP INC 9/26/2018 0.01%GLIMCHER REALTY 0.01%AMETEK INC 0.01%CHINA OVRS FIN 4 2/04/2021 0.01%MURPHY USA INC 0.01%CFC LLC 11/15/2017 0.01%SAMPO OYJ-A SHS 0.01%SIGNET JEWELERS LTD 0.01%VIPSHOP HOLDING 1.5% 3/15/2019 0.01%PANERA BREAD COMPANY-CLASS 0.01%CAREFUSION CORP 0.01%SEADRILL LTD 10/27/2017 0.01%FIRSTENERGY TRAN 7/15/2044 0.01%REP OF SRI LANKA 10/04/2020 0.01%AST Portfolio Holdings262 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioKENYA REP OF 6/24/2024 0.01%CORNING INC 0.01%DJO FINANCE LLC 3/15/2018 0.01%NEWFIELD EXPLORATION CO 0.01%THOMSON REUTERS 9/30/2021 0.01%ARCELORMITTAL 2/25/2017 0.01%FREDDIE MAC 11/01/2023 0.01%HUBBELL INC -CL B 0.01%HRVATSKA ELEKTRO 11/09/2017 0.01%FORD CREDIT AUTO OWNER TRUS 4/15/2017 0.01%ABENGOA SA 1/17/2019 0.01%ARMENIA 9/30/2020 0.01%FREDDIE MAC 5/15/2026 0.01%QUESTAR CORP 0.01%YTL CORP FINANCE 3/18/2015 0.01%BANK OF AMER CRP 3/17/2016 0.01%COUNTRYWIDE ALTERNATIVE LOA 11/25/2019 0.01%ELEC DE FRANCE 1/29/2049 0.01%JP MORGAN CHASE COMMERCIAL 5/15/2045 0.01%PPG INDUSTRIES 3/15/2018 0.01%TES LOG LP/CORP 10/15/2021 0.01%WELLS FARGO CO 2/13/2023 0.01%BARRATT DEVELOPMENTS PLC 0.01%NIPPON PAINT CO LTD 0.01%AETNA INC 11/15/2022 0.01%WILLIAMS PARTNER 3/04/2024 0.01%SABMILLER HLD IN 1/15/2022 0.01%ACE SECURITIES CORP. 10/25/2034 0.01%CAPITALAND LTD 10/17/2023 0.01%REP OF SRI LANKA 7/25/2022 0.01%CAIXABANK 11/22/2016 0.01%SYNAPTICS INC 0.01%MORGAN STANLEY DEAN WITTER 2/25/2033 0.01%ABBVIE INC 11/06/2015 0.01%CENTRAL GARDEN 3/01/2018 0.01%BANCO ESTADO RIO GRAN-PREF 0.01%BK TOKYO-MIT UFJ 9/09/2018 0.01%DDR CORP 0.01%ST JAMES'S PLACE PLC 0.01%QUANTA SERVICES INC 0.01%LIMITED BRANDS 4/01/2021 0.01%FEDERAL REALTY INVS TRUST 0.01%SERBIA REPUBLIC 2/25/2020 0.01%CREDIT-BASED ASSET SERVICIN 1/25/2034 0.01%ALBEMARLE CORP 0.01%CROWN CASTLE INT 0.01%ARGENT SECURITIES INC. 3/25/2034 0.01%HRPT PROPERTIES 1/15/2018 0.01%FANNIE MAE 10/01/2033 0.01%HERSHEY CO/THE 0.01%DOMINION RES 8/15/2019 0.01%FANNIE MAE 9/25/2041 0.01%SCHEMATRENTAQUAT 11/29/2016 0.01%NEWS AMER INC 2/15/2041 0.01%Security% of PortfolioINTESA SANPAOLO 6/26/2024 0.01%PANDORA MEDIA INC 0.01%MSRR 2012-IO AXA 3/27/2051 0.01%CHASE MORTGAGE FINANCE CORP 7/25/2037 0.01%WISTRON NEWEB CORP 0.01%KAZMUNAYGAS NAT 5/05/2020 0.01%SEKISUI HOUSE 7/05/2016 0.01%SOUTHERN POWER 9/15/2041 0.01%MLCC MORTGAGE INVESTORS INC 5/25/2029 0.01%SPECTRA PARTNERS 3/15/2024 0.01%GEN ELEC CAP CRP 5/01/2018 0.01%AUDATEX NORTH AM 6/15/2021 0.01%DEL MONTE CORP 2/15/2019 0.01%PERTAMINA 5/03/2022 0.01%NUMERICABLE 5/15/2022 0.01%CAN OIL SANDS LT 4/01/2042 0.01%VERIZON PENN 8/15/2031 0.01%HUNTINGTON INGALLS INDUSTRI 0.01%UNITED SURGICAL 4/01/2020 0.01%ORACLE CORP 7/15/2023 0.01%AMERICAN CREDIT ACCEPTANCE 2/15/2017 0.01%ALLEGHENY TECH 8/15/2023 0.01%CEMEX ESPANA LUX 5/12/2020 0.01%CTRIP.COM INT 10/15/2018 0.01%MIDAMERICAN ENER 11/15/2023 0.01%MOROCCO KINGDOM 12/11/2022 0.01%ANTA SPORTS PRODUCTS LTD 0.01%FLAGSHIP CREDIT AUTO TRUST 4/16/2018 0.01%MIDAMERICAN ENER 5/15/2017 0.01%REXLOT HOLDINGS LTD 0.01%SINA CORP 12/01/2018 0.01%SCHLUMBERGER INV 12/01/2023 0.01%PEUGEOT SA 0.01%SPRINGLEAF MORTGAGE LOAN TR 6/25/2058 0.01%VALEO SA 0.01%TOPPAN PRINTING 12/19/2019 0.01%RABOBANK 2/08/2022 0.01%GENERAL MOTORS 10/02/2043 0.01%ENERSYS 0.01%WI TREASURY SEC. 4/15/2017 0.01%EDP-ENERGIAS DE PORTUGAL SA 0.01%GOLDMAN SACHS GP 1/18/2018 0.01%WESTPAC BANKING 5/30/2018 0.01%INDONESIA (REP) 1/17/2042 0.01%CORRECTIONS CORP 4/01/2020 0.01%HUNGARY 1/29/2020 0.01%SPRINT NEXTEL 3/01/2020 0.01%PERTAMINA 5/03/2042 0.01%CHUBB CORP 0.01%GOVERNMENT NATIONAL MORTGAG 5/16/2038 0.01%FREENET AG 0.01%CREDIT SUISSE 12/18/2049 0.01%KEPCO PLANT SERVICE & ENGIN 0.01%VERIZON PENN 12/15/2030 0.01%AST Portfolio Holdings263 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioGOLDMAN SACHS GP 7/27/2021 0.01%CROATIA 11/05/2019 0.01%LOTTE SHOPPING 1/24/2018 0.01%HLSS SERVICER ADVANCE RECEI 1/16/2046 0.01%ATHENAHEALTH INC 0.01%REINSURANCE GROUP OF AMERIC 0.01%KINETICS/KCI USA 11/01/2018 0.01%BANK OF AMER CRP 5/13/2021 0.01%ULTA SALON COSMETICS & FRAG 0.01%FANNIE MAE 5/01/2028 0.01%BURLINGTON NORTH 6/01/2021 0.01%NUCOR CORP 8/01/2043 0.01%NOBLE ENERGY INC 11/15/2043 0.01%LIBERTY MUTUAL 3/15/2037 0.01%PETROLEOS MEXICA 3/05/2020 0.01%URBAN OUTFITTERS INC 0.01%DAESANG CORPORATION 0.01%COMCAST CORP 3/15/2037 0.01%FANNIE MAE 9/01/2027 0.01%BOUYGUES SA 0.01%BRITISH LND JER 9/10/2017 0.01%KODIAK OIL 12/01/2019 0.01%INTL LEASE FIN 1/15/2022 0.01%AXIS BANK LTD- GDR REG S 0.01%FANNIEMAE WHOLE LOAN 6/25/2042 0.01%TRINITY INDUSTRIES INC 0.01%KINDER MORGAN EN 3/01/2043 0.01%ATMOS ENERGY 3/15/2019 0.01%NRG ENERGY INC 5/15/2021 0.01%CITICORP MORTGAGE SECURITIE 7/25/2037 0.01%QEP RESOURCES INC 0.01%CITIGROUP INC 7/25/2016 0.01%TIFFANY & CO 0.01%PHILIPPINES(REP) 10/23/2034 0.01%CITIGROUP INC 5/19/2015 0.01%STEINHOFF FINANC 5/22/2016 0.01%CANADIAN PAC RR 10/15/2031 0.01%MACK-CALI REALTY 1/15/2015 0.01%PEGATRON CORP 0.01%WMG ACQUISITION 1/15/2021 0.01%REPUBLIC SVCS 9/15/2019 0.01%UKRAINE GOVT 4/17/2023 0.01%CITIGROUP INC 10/25/2023 0.01%TRULY INTERNATIONAL HOLDING 0.01%FANNIE MAE 11/01/2027 0.01%CHINA SOUTH CITY HOLDINGS 0.01%MGM RESORTS 3/15/2022 0.01%UDR INC 10/01/2020 0.01%BERKSHIRE HATHWY 8/15/2021 0.01%DOMINICAN REPUBL 4/30/2044 0.01%CATERPILLAR INC 0.01%MORGAN STANLEY 11/24/2025 0.01%AVALONBAY COMMUN 10/01/2020 0.01%AMERICREDIT AUTOMOBILE RECE 6/08/2017 0.01%Security% of PortfolioCREDIT-BASED ASSET SERVICIN 11/25/2033 0.01%ADT CORP 6/15/2023 0.01%TCL COMMUNICATION TECH HLDG 0.01%DUKE REALTY 3/15/2020 0.01%FEDERATED RETAIL 12/01/2016 0.01%CATERPILLAR INC 8/15/2042 0.01%UNITED TRACTORS TBK PT 0.01%URSTADT BIDDLE 0.01%FAIRFAX MEDIA LTD 0.01%BANK OF MONTREAL 1/25/2019 0.01%TURKEY GOVT BOND 9/27/2023 0.01%NORWEGIAN CRUISE LINE HOLDI 0.01%RUSSIA-OFZ 7/20/2022 0.01%TRELLEBORG AB-B SHS 0.01%INTU JERSEY LTD 10/04/2018 0.01%VENEZUELA 4/21/2025 0.01%CABOT OIL & GAS CORP 0.01%TEVA PHARMACEUT 2/01/2026 0.01%MORGAN STANLEY 4/25/2018 0.01%GCI INC 11/15/2019 0.01%WPX ENERGY INC 1/15/2022 0.01%HOLOGIC INC 12/15/2037 0.01%PANAMA 4/29/2053 0.01%FREDDIE MAC 6/01/2023 0.01%ROWAN COS INC 1/15/2044 0.01%FANNIE MAE 3/25/2028 0.01%ACTAVIS FUNDING 6/15/2044 0.01%PVH CORP 0.01%FORTRESS OPPORTUNITIES RESI 10/25/2033 0.01%CITY NATIONAL CORP 0.01%SHELL INTL FIN 8/12/2043 0.01%NABORS INDS INC 9/15/2021 0.01%MACQUARIE GROUP 8/13/2019 0.01%XSTRATA FIN CAN 10/25/2042 0.01%FISCHER (GEORG)-REG 0.01%AMERICREDIT AUTOMOBILE RECE 11/08/2016 0.01%VIACOM INC 3/15/2043 0.01%GOLDMAN SACHS GP 0.01%PALO ALTO NET 7/01/2019 0.01%KIMCO REALTY 5/01/2021 0.01%INDUSTRIVARDEN 2/27/2017 0.01%NUANCE COMMUNIC 11/01/2031 0.01%HOLOGIC INC 3/01/2042 0.01%IBM CORP 2/12/2024 0.01%FANNIE MAE 6/01/2033 0.01%BIG LOTS INC 0.01%REYNOLDS GROUP 10/15/2020 0.01%SOUTH AFRICA 1/17/2024 0.01%FIFTH THIRD BANK 12/29/2049 0.01%PHILIP MORRIS IN 11/15/2041 0.01%TRIPADVISOR INC 0.01%KIMCO REALTY 6/01/2023 0.01%YAMATO HOLDINGS 3/07/2016 0.01%TOYOTA MTR CRED 1/11/2021 0.01%AST Portfolio Holdings264 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioASSET BACKED SECURITIES COR 10/25/2034 0.01%ANNALY CAPITAL 5/15/2015 0.01%AMERICA MOVIL SA 9/12/2016 0.01%MEDCO HEALTH SOL 9/15/2020 0.01%BERKSHIRE HATHWY 2/11/2043 0.01%GEN ELEC CAP CRP 5/15/2024 0.01%CABLEVISION SYS 4/15/2020 0.01%NOVASTAR HOME EQUITY LOAN 9/25/2033 0.01%CHEC LOAN TRUST 4/25/2034 0.01%BLACKSTONE GROUP LP/THE 0.01%ALLSTATE CORP 8/15/2053 0.01%MASTR ALTERNATIVE LOANS TRU 3/25/2020 0.01%GEN ELEC CAP CRP 9/07/2022 0.01%RADIATION THERAP 1/15/2017 0.01%T-MOBILE USA INC 4/01/2021 0.01%JARDEN CORP 9/15/2018 0.01%ENTERCOM COMMUNICATIONS-CL 0.01%SANDRIDGE ENERGY 3/15/2021 0.01%NCC AB-B SHS 0.01%BANK NOVA SCOTIA 12/18/2017 0.01%DOMINION RES 0.01%FANNIE MAE 7/01/2024 0.01%LLOYDS BANKING 12/31/2049 0.01%DOMINION RES 0.01%EPICOR SOFTWARE 5/01/2019 0.01%WESTPAC BANKING 6/01/2018 0.01%VERIZON COMM INC 12/01/2030 0.01%FREMONT HOME LOAN TRUST 11/25/2035 0.01%MACYS RETAIL HLD 2/15/2043 0.01%DISH DBS CORP 9/01/2019 0.01%AIR ARABIA PJSC 0.01%APPLE INC 5/03/2023 0.01%TIME WARNER CABL 9/01/2041 0.01%FONCIERE REGIONS 1/01/2017 0.01%SUNOCO LOGISTICS 4/01/2044 0.01%CITIGROUP INC 11/21/2017 0.01%PEPSICO INC 3/05/2022 0.01%ILLINOIS ST 6/01/2033 0.01%DEERE & CO 5/15/2030 0.01%GENON ENERGY 10/15/2020 0.01%FANNIE MAE 5/01/2023 0.01%VIETNAM (REP OF) 1/29/2020 0.01%AXIALL CORP 0.01%S FRWD EUR 8/21/2014 0.01%ROGERS COMM INC 5/01/2032 0.01%RESORTTRUST INC 7/27/2018 0.01%CRED AGRICOLE SA 12/06/2016 0.01%MACQUARIE GROUP 1/14/2020 0.01%OPTEUM MORTGAGE ACCEPTANCE 4/25/2036 0.01%NEWS CORP - CLASS B 0.01%HALCON RESOURCES 5/15/2021 0.01%DAIMLER FINANCE 1/11/2018 0.01%FANNIE MAE 4/01/2023 0.01%CREDIT SUISSE FIRST BOSTON 2/15/2038 0.01%Security% of PortfolioARGENT-$PAR 12/31/2038 0.01%INDONESIA (REP) 3/13/2020 0.01%MORGAN STANLEY DEAN WITTER 10/25/2032 0.01%FANNIE MAE 9/01/2026 0.01%WELLPOINT INC 1/15/2044 0.01%REGENCY CENTERS 0.01%CROATIA 7/14/2020 0.01%NEVADA POWER CO 3/15/2019 0.01%HSBC BANK PLC 1/19/2021 0.01%INTERCONTINENT 10/15/2023 0.01%WEYERHAEUSER CO 0.01%PETROLEOS DE VEN 4/12/2017 0.01%AMGEN INC 6/15/2042 0.01%TVA PRIN STRIP 6/15/2035 0.01%MORGAN STANLEY CAPITAL INC 12/25/2033 0.01%WILLIAMS PARTNER 1/15/2045 0.01%FREDDIE MAC 8/15/2039 0.01%FREDDIE MAC 4/01/2022 0.01%DENALI BORROW LL 10/15/2020 0.01%BANK OF AMER CRP 10/14/2016 0.01%VIRGINIA EL&PWR 1/15/2022 0.01%EMC CORP/MA 6/01/2020 0.01%WISCONSIN ENERGY CORP 0.01%BANK OF MONTREAL 11/06/2022 0.01%GABONESE REPUB 12/12/2024 0.01%CAP GEMINI SOGET 1/01/2019 0.01%CPS AUTO TRUST 6/15/2020 0.01%ENTERPRISE PRODU 8/01/2066 0.01%DUKE CAP CORP 10/01/2019 0.01%HSBC BANK PLC 5/15/2018 0.01%MIDDLEBY CORP 0.01%AMERICREDIT AUTOMOBILE RECE 10/10/2017 0.01%METLIFE INC 8/13/2042 0.01%HSBC USA INC 6/23/2024 0.01%CALPINE CORP 1/15/2023 0.01%PHILLIPS 66 4/01/2022 0.01%CONCUR TECH INC 6/15/2018 0.01%PARTY CITY HLDG 8/01/2020 0.01%METLIFE INC 2/08/2021 0.01%ERP OPERATING LP 6/15/2017 0.01%PPL CAPITAL FDG 12/01/2022 0.01%PROLOGIS LP 8/15/2023 0.01%MORGAN STANLEY MORTGAGE LOA 7/25/2034 0.01%KEPPEL LAND LTD 11/29/2015 0.01%WAL-MART STORES 4/11/2043 0.01%DISCOVERY COMMUN 6/15/2021 0.01%STEINHOFF FINANC 1/30/2021 0.01%COLFAX CORP 0.01%STANDARD CHART 1/26/2024 0.01%PROGRESS ENERGY 4/01/2022 0.01%TIME WARNER CABL 2/15/2021 0.01%URUGUAY 3/21/2036 0.01%RABOBANK 12/01/2043 0.01%PACIFIC GAS&ELEC 3/01/2034 0.01%AST Portfolio Holdings265 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioNBCUNIVERSAL MED 1/15/2043 0.01%CONTL AIRLINES 7/02/2018 0.01%JAZZ PHARMACEUTICALS INC 0.01%COUNTRYWIDE ALTERNATIVE LOA 10/25/2018 0.01%RITE AID CORP 0.01%CREDIT ACCEPTANCE AUTO LOAN 3/15/2020 0.01%OFFICE CHERIFIEN 4/25/2044 0.01%MARKEL CORP 3/30/2023 0.01%PHILIP MORRIS IN 3/04/2043 0.01%AT&T INC 8/15/2021 0.01%GMAT TRUST 11/25/2043 0.01%ELEC DE FRANCE 1/22/2044 0.01%HALLIBURTON CO 11/15/2021 0.01%BURLINGTON NORTH 3/15/2043 0.01%GEO GROUP INC/T 2/15/2021 0.01%COM FED ELECTRIC 2/14/2042 0.01%SERVICENOW INC 11/01/2018 0.01%COLOMBIA REP OF 9/18/2037 0.01%BOSTON PROP LP 2/01/2023 0.01%FREEPORT-MC C&G 3/15/2043 0.01%BRUKER CORP 0.01%CISCO SYSTEMS 1/15/2020 0.01%GAMESTOP CORP-CLASS A 0.01%ONTARIO PROVINCE 9/27/2019 0.01%ARES CAPITAL COR 1/15/2019 0.01%GREAT LAKES DRED 2/01/2019 0.01%EZ TEC EMPREENDIMENTOS E PA 0.01%REYNOLDS GROUP 4/15/2019 0.01%ACCIONA S.A. 1/30/2019 0.01%CITIGROUP INC 5/29/2049 0.01%DANA HOLDING 2/15/2019 0.01%MARRIOTT INTERNATIONAL -CL 0.01%REP OF PAKISTAN 6/01/2017 0.01%PETROLEOS DE VEN 10/28/2015 0.01%BALT GAS & ELEC 8/15/2022 0.01%RTI INTL METALS 10/15/2019 0.01%AMERIQUEST MORTGAGE SECURIT 2/25/2034 0.01%BARRICK NA FIN 5/30/2021 0.01%CLEAR CHANNEL COMMUNICATION 1/30/2019 0.01%TAKASHIMAYA CO 12/11/2020 0.01%MET LIFE GLOB 9/29/2015 0.01%FANNIEMAE GRANTOR TRUST 5/25/2042 0.01%CIT GROUP INC 8/15/2022 0.01%FIFTH THIRD BANK 12/29/2049 0.01%HEINEKEN NV 4/01/2022 0.01%STADSHYPOTEK AB 10/02/2019 0.01%ILFC E-CAP TRUST 12/21/2065 0.01%LITHUANIA 2/01/2022 0.01%TAIWAN DOLLAR 0.01%RESIDENTIAL FUNDING MTG SEC 7/25/2018 0.01%FANNIE MAE 6/25/2023 0.01%ALLY FINANCIAL 12/01/2017 0.01%PEABODY ENERGY 12/15/2041 0.01%BERKSHIRE HATH 10/15/2020 0.01%Security% of PortfolioCARGILL INC 3/06/2019 0.01%EVEN CONSTRUTORA E INCORPOR 0.01%DIRECTV HLDGS/FN 3/15/2022 0.01%NORDEA BANK AB 5/15/2018 0.01%NORDSTROM INC 0.01%CIT GROUP INC 4/01/2018 0.01%PHILIPPINES(REP) 6/17/2019 0.01%FIRSTENERGY SOLU 8/15/2039 0.01%QUEBEC PROVINCE 7/15/2023 0.01%NATIONAL FUEL GAS CO 0.01%FREEPORT-MC C&G 3/01/2022 0.01%VENTAS REALTY LP 6/01/2021 0.01%SM ENERGY CO 11/15/2021 0.01%FRANCE TELECOM 1/13/2042 0.01%MYLAN INC 6/24/2018 0.01%PROSPECT CAPITAL 3/15/2018 0.01%LASALLE HOTEL 0.01%AMERIPRISE FINL 10/15/2023 0.01%DUKE REALTY 2/15/2021 0.01%HCP INC 1/30/2017 0.01%MICROSOFT CORP 11/15/2042 0.01%SWISS RE TREAS 12/06/2042 0.01%AIR LEASE CORP 12/01/2018 0.01%MAGELLAN MIDSTRE 7/15/2018 0.01%TRANSOCEAN INC 12/15/2021 0.01%AMORIM ENERGIA B 6/03/2018 0.01%ABBVIE INC 11/06/2022 0.01%HENRY SCHEIN INC 0.01%COMCAST CABLE CO 11/15/2022 0.01%GOLDMAN SACHS GP 9/01/2017 0.01%CEMEX SAB 3/15/2018 0.01%MONONGAHELA PWR 12/15/2043 0.01%PHILLIPS 66 5/01/2042 0.01%GEN ELEC CAP CRP 12/11/2019 0.01%SAGERPAR 10/09/2018 0.01%EXETER AUTOMOBILE RECEIVABL 10/16/2017 0.01%CCO HOLDINGS LLC 1/15/2019 0.01%WEINGARTEN RLTY 1/15/2024 0.01%UKRAINE GOVT 9/23/2020 0.01%CISCO SYSTEMS 3/04/2024 0.01%SPRINT NEXTEL 8/15/2020 0.01%FREDDIE MAC 11/15/2036 0.01%TELEFONICA EMIS 6/20/2036 0.01%REYNOLDS GROUP 8/15/2019 0.01%SUNTRUST BANKS 1/20/2017 0.01%FREDDIEMAC STRIP 12/15/2027 0.01%PEGATRON CORP 2/06/2017 0.01%AMER EXPR CENTUR 9/13/2017 0.01%AMER AXLE & MFG 11/15/2019 0.01%BANK OF AMER CRP 1/21/2044 0.01%TURKEY REP OF 4/16/2043 0.01%MORGAN STANLEY 1/26/2020 0.01%TEVA PHARM FIN 12/18/2022 0.01%RYANAIR HOLDINGS PLC-SP ADR 0.01%AST Portfolio Holdings266 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioAMER HONDA FIN 2/28/2017 0.01%BANK OF AMER CRP 5/01/2018 0.01%WELLS FARGO HOME EQUITY TRU 10/25/2034 0.01%PRYSMIAN SPA 3/08/2018 0.01%QEP RESOURCES 10/01/2022 0.01%MASTR ASSET BACKED SECURITI 4/25/2033 0.01%LEG IMMOBILIEN 7/01/2021 0.01%GENERAC HOLDINGS INC 0.01%BAT INTL FINANCE 6/07/2022 0.01%SEALED AIR CORP 9/15/2021 0.01%HOME DEPOT INC 2/15/2044 0.01%FANNIE MAE 12/25/2033 0.01%SWISS LIFE HOLD 12/02/2020 0.01%COUNTRYWIDE HOME LOANS 10/25/2036 0.01%FRESENIUS SE 9/24/2019 0.01%FRANK'S INTERNATIONAL NV 0.01%GEN ELEC CAP CRP 10/17/2021 0.01%FANNIE MAE 8/25/2036 0.01%SOLIDIUM OY 9/04/2018 0.01%ALCATEL-LUCENT 0.01%BANQ FED CRD MUT 1/20/2017 0.01%CITIGROUP INC 11/07/2043 0.01%CON EDISON NY 4/01/2018 0.01%NISOURCE FIN CP 2/15/2044 0.01%TURKEY REP OF 7/14/2017 0.01%PROLOGIS LP 3/15/2015 0.01%PEPSICO INC 3/01/2023 0.01%BELDEN INC 9/01/2022 0.01%EQUITY ONE INC 1/15/2017 0.01%WELLS FARGO BANK 5/16/2016 0.01%NEWS AMER HLDGS 7/15/2024 0.01%BRANDYWINE RLTY 0.01%VISANT CORPORATIONBL 12/22/2016 0.01%REP OF ANGOLA 8/16/2019 0.01%RITE AID CORP 8/15/2020 0.01%TENET HEALTHCARE 4/01/2021 0.01%CONOCO INC 4/15/2029 0.01%NONGSHIM CO LTD 0.01%UNITED RENTAL NA 9/15/2020 0.01%FANNIE MAE 12/01/2023 0.01%GOVERNMENT NATIONAL MORTGAG 1/16/2035 0.01%DETROIT EDISON 6/01/2021 0.01%GUIDEWIRE SOFTWARE INC 0.01%BOLIVIA GOVT 8/22/2023 0.01%SCOTTS MIRACLE 12/15/2020 0.01%CEZ MH BV 8/04/2017 0.01%PACIFIC GAS&ELEC 2/15/2044 0.01%FINISAR CORP 12/15/2033 0.01%JDS UNIPHASE 8/15/2033 0.01%HANESBRANDS INC 12/15/2020 0.01%NISSAN MOTOR ACC 3/15/2018 0.01%KROGER CO/THE 4/01/2031 0.01%GSAMP TRUST 1/25/2034 0.01%HSBC HOLDINGS 3/30/2022 0.01%Security% of PortfolioADV AUTO PARTS 1/15/2022 0.01%BARRICK NA FIN 5/30/2041 0.01%TCI COMMUN INC 2/15/2028 0.01%STRIPS 11/15/2031 0.01%SIIC 0 CB 18 363 HK REGS 2/18/2018 0.01%WAMU MORTGAGE PASS-THROUGH 9/25/2035 0.01%TOTAL CAP CANADA 7/15/2023 0.01%NORTHSTAR MORTGAGE TRUST 8/25/2029 0.01%ROSETTA RESOURCE 6/01/2022 0.01%CUBIST PHARM 9/01/2020 0.01%FORD MOTOR CO 1/15/2043 0.01%EV ENERGY PT/FIN 4/15/2019 0.01%HEALTH CARE REIT 5/15/2015 0.01%EDP FINANCE BV 1/14/2021 0.01%AMKOR TECH INC 10/01/2022 0.01%NXP BV/NXP FUNDI 2/15/2021 0.01%TECK RESOURC 2/01/2023 0.01%AMERICAN WATER 3/01/2024 0.01%ACE SECURITIES CORP. 11/25/2034 0.01%FREDDIE MAC 3/15/2027 0.01%SUPERVALU INC 3/21/2019 0.01%SINOPEC GRP OVER 10/17/2023 0.01%PSALM 12/02/2024 0.01%AMGEN INC 5/15/2022 0.01%DAIMLERCHRYS NA 1/18/2031 0.01%COUNTRYWIDE HOME LOANS 5/25/2036 0.01%UNITED MEXICAN 1/21/2021 0.01%LIBERTY MUT INS 10/15/2026 0.01%PRINCIPAL FINL 5/15/2019 0.01%HESS CORP 2/15/2019 0.01%DEUTSCHE TEL FIN 3/06/2017 0.01%REPUBLIC OF BELA 8/03/2015 0.01%US AIR 2013-1A 11/15/2025 0.01%ENLINK MIDSTREAM 4/01/2044 0.01%MGM RESORTS 10/01/2020 0.01%PETROBRAS INTL 3/15/2019 0.01%TR OP / TR FIN 2/01/2019 0.01%GEN ELEC CAP CRP 7/12/2016 0.01%AT&T INC 6/15/2044 0.01%GEN MOTORS FIN 5/15/2016 0.01%HUNTSMAN INT LLC 11/15/2020 0.01%ING BANK NV 3/07/2016 0.01%PNC FINANCIAL 6/02/2023 0.01%COMMSCOPE HOLDING CO INC 0.01%CLEAR CHNL WORLD 3/15/2020 0.01%CHS/COMMUNITY 7/15/2020 0.01%INTELSAT JACKSON 8/01/2023 0.01%BRAZIL REP OF 1/07/2041 0.01%FREDDIE MAC 10/01/2023 0.01%LOWES COMPANIES 4/15/2022 0.01%SCHAEFFLER FIN 5/15/2021 0.01%AMGEN INC 6/01/2037 0.01%REXNORD CORP 0.01%BIOSTIME INTL HLDGINS 2/20/2019 0.01%AST Portfolio Holdings267 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioDISCOVERY COMMUN 5/15/2022 0.01%NUVASIVE INC 7/01/2017 0.01%ABC MART 2/05/2018 0.01%GOVERNMENT NATIONAL MORTGAG 10/20/2039 0.01%BANK OF NY MELLO 1/15/2019 0.01%UNIT CORP 5/15/2021 0.01%NIELSEN FINANCE 4/15/2022 0.01%SUEZ ENVIRON 0.01%HSBC HOLDINGS 1/14/2022 0.01%NEWFIELD EXPLOR 1/30/2022 0.01%ILLINOIS TOOL WK 9/01/2042 0.01%TOYOTA MTR CRED 10/24/2018 0.01%PORT AUTH OF NEW YORK & NEW 10/01/2062 0.01%COUNTRYWIDE ALTERNATIVE LOA 2/25/2036 0.01%CINEMARK USA 6/01/2023 0.01%GOODYEAR TIRE 5/15/2022 0.01%CUBIST PHARM 9/01/2018 0.01%PNC BANK NA 1/30/2023 0.01%CATERPILLAR FINL 2/15/2019 0.01%FREDDIE MAC 9/01/2024 0.01%CONCUR TECHNOLOGIES INC 0.01%ARGNT BONAR 5/07/2024 0.01%NRTHRP GRMMN SYS 2/15/2031 0.01%HEALTH CARE REIT 12/01/2029 0.01%DUKE ENERGY CORP 4/15/2024 0.01%TAKASHIMAYA CO 11/14/2014 0.01%INTL LEASE FIN 12/15/2020 0.01%IMS HEALTH INC 11/01/2020 0.01%LIBERTY INTERACT 9/30/2043 0.01%REDWOOD TRUST 4/15/2018 0.01%IBM CORP 8/01/2022 0.01%TIME WARNER INC 6/01/2044 0.01%REP OF POLAND 1/22/2024 0.01%INCYTE CORP LTD 11/15/2018 0.01%GOLDMAN SACHS GP 10/01/2037 0.01%CLEVE ELEC ILLUM 11/01/2017 0.01%POTASH CORP 12/01/2017 0.01%HOST HOTELS&RES 10/15/2029 0.01%WESTERN GAS 7/01/2022 0.01%FOREST LABORATOR 2/15/2021 0.01%CNOOC FIN 2013 L 5/09/2023 0.01%HEALTH CARE REIT 1/15/2024 0.01%SEMPRA ENERGY 12/01/2023 0.01%CHESAPEAKE ENRGY 11/15/2020 0.01%TEREX CORP 5/15/2021 0.01%NBCUNIVERSAL MED 4/01/2021 0.01%AT&T INC 6/15/2045 0.01%NEOPOST SA 2/01/2015 0.01%DAIFUKU CO 10/02/2017 0.01%FREDDIE MAC 4/01/2027 0.01%ILLUMINA INC 6/15/2019 0.01%ILLUMINA INC 6/15/2021 0.01%LITHUANIA 3/09/2021 0.01%PPL CAPITAL FDG 6/15/2022 0.01%Security% of PortfolioGECINA 1/01/2016 0.01%AMERICAN TOWER 1/31/2023 0.01%BALT GAS & ELEC 7/01/2023 0.01%NAVISTAR INTL 4/15/2019 0.01%CME GROUP INC 9/15/2022 0.01%HORNBECK OFF 9/01/2019 0.01%HEALTH CARE REIT 0.01%CARNOW AUTO RECEIVABLES TRU 10/16/2017 0.01%ORACLE CORP 7/08/2044 0.01%CSX CORP 5/01/2017 0.01%SERBIA REPUBLIC 9/28/2021 0.01%OPTION ONE MORTGAGE LOAN TR 5/25/2034 0.01%COMCAST CORP 3/01/2044 0.01%GOLDMAN SACHS GP 1/24/2022 0.01%HEWLETT-PACK CO 12/09/2021 0.01%MACQUARIE BK LTD 8/15/2016 0.01%TIME WARNER CABL 2/01/2020 0.01%NATIONAL SAVINGS 9/18/2018 0.01%CEMEX FINANCE 10/12/2022 0.01%MORGAN STANLEY 9/23/2019 0.01%REGENCY ENERGY 4/15/2023 0.01%UBS AG STAMFORD 12/20/2017 0.01%MACYS RETAIL HLD 7/15/2017 0.01%GEORGIAN RAILWAY 7/11/2022 0.01%KAZMUNAYGAS NAT 4/09/2021 0.01%DUKE REALTY CORP 0.01%NEW YORK LIFE GL 2/12/2016 0.01%FONCIERE REGIONS 4/01/2019 0.01%BEAR STEARNS ASSET BACKED S 3/25/2043 0.01%KAZAKHSTAN TEMIR 7/10/2042 0.01%AUSTRALIA DOLLAR 0.01%GEN ELECTRIC CO 12/06/2017 0.01%BANK OF AMER CRP 12/01/2017 0.01%NIPPON MEAT PACK 9/26/2018 0.01%EOG RESOURCES IN 3/15/2023 0.01%BEAR STEARNS ASSET BACKED S 10/25/2034 0.01%SCHLUMBERGER OIL 1/15/2021 0.01%AMERICAN TOWER T 3/15/2018 0.01%ORPEA 1/01/2020 0.01%HUNGARIAN DEVEL 10/21/2020 0.01%CATERPILLAR FINL 6/01/2022 0.01%KINDER MORGAN EN 8/15/2042 0.01%NAVITAS EQUIPMENT RECEIVABL 11/15/2016 0.01%SOUTH AFRICA 9/16/2025 0.01%WELLS FARGO MORTGAGE BACKED 9/25/2033 0.01%BANC OF AMERICA MORTGAGE SE 7/25/2035 0.01%SEMICONDUCTOR MA 11/07/2018 0.01%TENN VALLEY AUTH 10/15/2018 0.01%CAPITAL ONE FINL 7/15/2021 0.01%DIAGEO CAP PLC 4/29/2023 0.01%GILEAD SCIENCES 12/01/2021 0.01%TEEKAY CORP 0.01%BRANDYWINE OPER 5/01/2017 0.01%UNIVISION COMM 9/15/2022 0.01%AST Portfolio Holdings268 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioDOMINICAN REPUBL 1/23/2018 0.01%WHITING PETRO 3/15/2021 0.01%GILEAD SCIENCES 4/01/2044 0.01%GEN ELECTRIC CO 10/09/2042 0.01%NORSK HYDRO A/S 9/23/2027 0.01%EP ENER/EVEREST 9/01/2022 0.01%SL GREEN REALTY < 0.01%BERKSHIRE HATH 1/15/2040 < 0.01%SOUTH AFRICA 3/09/2020 < 0.01%ECOLAB INC 12/08/2021 < 0.01%OCCIDENTAL PETE 2/01/2021 < 0.01%OGLETHORPE POWER 11/01/2040 < 0.01%REP OF NIGERIA 7/12/2023 < 0.01%MCKESSON CORP 12/15/2022 < 0.01%MAGELLAN MIDSTRE 2/01/2021 < 0.01%SPROUTS FARMERS MARKET INC < 0.01%ERAC USA FINANCE 8/16/2021 < 0.01%BARCLAYS BK PLC 9/22/2016 < 0.01%BOMBARDIER INC 3/15/2020 < 0.01%WAL-MART STORES 4/22/2044 < 0.01%ASICS CORP 3/01/2019 < 0.01%REP OF GUATEMALA 6/06/2022 < 0.01%MEXICHEM SAB 9/19/2042 < 0.01%QIAGEN NV 3/19/2019 < 0.01%CROATIA 4/27/2017 < 0.01%MAGYAR EXPORT-IM 2/12/2018 < 0.01%JAMAICA GOVT 6/24/2019 < 0.01%CITIGROUP INC 1/10/2017 < 0.01%APPLE INC 5/03/2018 < 0.01%REPUBLIC OF BELA 1/26/2018 < 0.01%NEWFORD CAPITAL 5/12/2016 < 0.01%AMERICREDIT AUTOMOBILE RECE 6/08/2017 < 0.01%POST HOLDINGS IN 2/15/2022 < 0.01%BK TOKYO-MIT UFJ 9/09/2023 < 0.01%UNITED MEXICAN 10/12/2099 < 0.01%PRINCIPAL LFE II 10/15/2018 < 0.01%BOSTON PROP LP 9/01/2023 < 0.01%BANK OF CEYLON 5/03/2017 < 0.01%TEREX CORP 4/01/2020 < 0.01%CF INDUSTRIES IN 3/15/2044 < 0.01%PSEG POWER LLC 12/01/2015 < 0.01%CEMEX SAB 1/15/2021 < 0.01%INDAH CAPITAL 10/24/2018 < 0.01%OKLAHOMA GAS & E 3/15/2044 < 0.01%INTERCONTINENT 10/15/2018 < 0.01%TORAY INDUSTRIES 8/31/2021 < 0.01%HUNTINGTON BANCSHARES INC < 0.01%COM FED ELECTRIC 1/15/2024 < 0.01%PFIZER INC 6/15/2043 < 0.01%CITIGROUP INC 12/15/2015 < 0.01%PERTAMINA 5/27/2041 < 0.01%CHIQUITA BRANDS 2/01/2021 < 0.01%LEBANESE REP 3/09/2020 < 0.01%BURLINGTON NORTH 5/01/2040 < 0.01%Security% of PortfolioNISOURCE FIN CP 12/01/2021 < 0.01%FANNIE MAE 1/01/2022 < 0.01%OMNICOM GROUP 5/01/2022 < 0.01%AFREN PLC 12/09/2020 < 0.01%GRENDENE SA < 0.01%FIRST DATA CORP 1/15/2021 < 0.01%COUNTRYWIDE ASSET-BACKED CE 10/25/2033 < 0.01%VIACOM INC 12/15/2021 < 0.01%INTELSAT JACKSON 4/01/2021 < 0.01%EQUITY ONE ABS INC 7/25/2034 < 0.01%REP OF PAKISTAN 4/15/2019 < 0.01%VODAFONE GROUP 2/27/2037 < 0.01%WELLPOINT INC 7/15/2018 < 0.01%BB&T CORPORATION 3/15/2016 < 0.01%MARKWEST ENERGY 2/15/2023 < 0.01%ALLY FINANCIAL 9/15/2020 < 0.01%VTR FIN BV 1/15/2024 < 0.01%CVS CAREMARK 5/15/2041 < 0.01%RUSSIA-EUROBOND 4/04/2017 < 0.01%RUSSIA-EUROBOND 4/04/2017 < 0.01%TORAY INDUSTRIES 8/30/2019 < 0.01%HSBC BANK PLC 6/28/2015 < 0.01%ENERGY TRAN PTNR 2/01/2042 < 0.01%RIO TINTO FINANC 3/22/2022 < 0.01%IBM CORP 7/22/2016 < 0.01%SHIZUOKA BANK 4/25/2018 < 0.01%VERIZON COMM INC 9/15/2023 < 0.01%ESKOM 1/26/2021 < 0.01%ALTICE 5/15/2022 < 0.01%HONDURAS GOVT 3/15/2024 < 0.01%GEN ELEC CAP CRP 11/09/2015 < 0.01%KROGER CO/THE 8/01/2043 < 0.01%ALCATEL-LUCENT 11/15/2020 < 0.01%RUSSIA-EUROBOND 9/16/2043 < 0.01%DIGICEL LIMITED 4/15/2021 < 0.01%DIRECTV HLDGS/FN 3/01/2041 < 0.01%WELLS FARGO MORTGAGE BACKED 6/25/2037 < 0.01%FORTRESS OPPORTUNITIES RESI 10/25/2018 < 0.01%DIRECTV HLDGS/FN 3/15/2040 < 0.01%FORD MOTOR CRED 5/09/2016 < 0.01%MCKESSON CORP 3/15/2044 < 0.01%ING BANK NV 9/25/2015 < 0.01%BARCLAYS BK PLC 2/23/2015 < 0.01%ODBRCHT OFFSHRE 10/01/2022 < 0.01%BRAZIL 1/10/2028 < 0.01%BRITISH TEL PLC 6/28/2016 < 0.01%BP CAPITAL PLC 9/26/2018 < 0.01%NEW YORK LIFE GL 5/15/2017 < 0.01%NORFOLK SOUTHERN 8/15/2043 < 0.01%REP OF GUATEMALA 2/13/2028 < 0.01%NUMERICABLE 5/15/2024 < 0.01%BB&T CORPORATION 8/15/2017 < 0.01%NATIONWIDE MUTL 12/01/2031 < 0.01%AIG SUNAMER GLOB 3/15/2032 < 0.01%AST Portfolio Holdings269 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioFREDDIE MAC 3/15/2034 < 0.01%GEN CABLE CORP 10/01/2022 < 0.01%SOFTBANK CORP 4/15/2020 < 0.01%FORD MOTOR CRED 1/17/2017 < 0.01%CNOOC FIN 2013 L 5/09/2016 < 0.01%WYNN MACAU LTD 10/15/2021 < 0.01%XL GROUP LTD < 0.01%SWISS RE CAPITAL 5/25/2016 < 0.01%COMPANIA MINERA 3/28/2023 < 0.01%RUSSIA-EUROBOND 1/16/2019 < 0.01%TOTAL CAP INTL 2/17/2022 < 0.01%INTEL CORP 12/15/2032 < 0.01%EX-IM BK OF IN 1/14/2023 < 0.01%AMER HONDA FIN 2/16/2018 < 0.01%FORD MOTOR CRED 3/12/2019 < 0.01%TABLEAU SOFTWARE INC-CL A < 0.01%BANCO GNB SUDAM 5/02/2018 < 0.01%SIEMENS FINAN 10/17/2016 < 0.01%RESIDENTIAL FUNDING MTG SEC 9/25/2022 < 0.01%LIBERTY PROP LP 2/15/2024 < 0.01%FIFTH THIRD BANK 2/28/2018 < 0.01%GOLDEN AGRI LTD 10/04/2017 < 0.01%SIEMENS FINAN 8/17/2026 < 0.01%ERP OPERATING-LP 12/15/2021 < 0.01%KINGDOM OF MOROCCO 12/11/2042 < 0.01%ERAC USA FINANCE 10/15/2037 < 0.01%MANITOWOC CO 11/01/2020 < 0.01%KAZMUNAYGAS NAT 4/30/2043 < 0.01%MITSUI OSK LINES 4/24/2018 < 0.01%KEYCORP 3/24/2021 < 0.01%HYDRO-QUEBEC 1/15/2022 < 0.01%RESIDENTIAL ACCREDIT LOANS, 4/25/2034 < 0.01%PARTRON CO LTD < 0.01%HUTCH WHA INT 12 11/08/2022 < 0.01%KAWASAKI KISEN 9/26/2018 < 0.01%KANSAS CITY P&L 10/01/2041 < 0.01%STATE GRID OSEAS 5/22/2018 < 0.01%SIEM INDUSTRIES 9/12/2019 < 0.01%CAMPUS CREST COM < 0.01%KROGER CO/THE 4/15/2038 < 0.01%PRAXAIR INC 11/07/2018 < 0.01%COUNTRYWIDE HOME LOANS 5/25/2034 < 0.01%KROGER CO/THE 6/01/2029 < 0.01%AM AIRLN 13-1 A 7/15/2025 < 0.01%FANNIE MAE 10/25/2024 < 0.01%ING US INC 5/15/2053 < 0.01%QUEST DIAGNOSTIC 1/30/2020 < 0.01%TRANSOCEAN INC 10/15/2022 < 0.01%ARUBA NETWORKS INC < 0.01%BERKSHIRE HATH 5/15/2043 < 0.01%SIMON PROP GP LP 3/01/2021 < 0.01%UKRAINE GOVT 11/28/2022 < 0.01%ICAHN ENTER/FIN 3/15/2019 < 0.01%UKRAINE GOVT 2/23/2021 < 0.01%Security% of PortfolioRITE AID CORP. 6/21/2021 < 0.01%POST HOLDINGS IN 12/01/2021 < 0.01%CITIGROUP INC 3/01/2023 < 0.01%LONG BEACH MORTGAGE LOAN TR 8/25/2033 < 0.01%POLYMER GRP INC 2/01/2019 < 0.01%COSTA RICA GOVT 1/26/2023 < 0.01%MARATHON PETRO 3/01/2041 < 0.01%WILLIAMS COS INC < 0.01%FDC FRN 23 3/23/2018 < 0.01%AMER INTL GROUP 7/16/2044 < 0.01%JEFFERIES GROUP 7/15/2019 < 0.01%PHILIPS ELECTRON 3/15/2022 < 0.01%MASSMUTUAL GLBL 4/14/2016 < 0.01%TIME WARNER ENT 3/15/2023 < 0.01%GOLDMAN SACHS GP 3/03/2024 < 0.01%JP MORGAN MORTGAGE TRUST 6/25/2021 < 0.01%HOME EQUITY ASSET TRUST 12/25/2034 < 0.01%WELLPOINT INC 5/15/2042 < 0.01%COX COMMUN INC 1/15/2019 < 0.01%AGL CAPITAL CORP 9/15/2021 < 0.01%CST BRANDS 5/01/2023 < 0.01%CAN NATURAL RES 3/15/2038 < 0.01%SHELL INTL FIN 8/21/2022 < 0.01%FMG RES 4/01/2022 < 0.01%UCI INTL INC 2/15/2019 < 0.01%RESIDENTIAL ACCREDIT LOANS, 12/25/2035 < 0.01%JAMAICA GOVT 10/17/2025 < 0.01%XCEL ENERGY INC 7/01/2036 < 0.01%EUROPEAN CURRENCY < 0.01%CNA FINANCIAL 11/15/2019 < 0.01%WATSON PHARM INC 10/01/2022 < 0.01%TALISMAN ENERGY 2/01/2038 < 0.01%AES CORP 3/15/2024 < 0.01%ONTARIO PROVINCE 5/10/2016 < 0.01%PROV BUENOS AIRE 9/14/2018 < 0.01%STAG INDUSTRIAL < 0.01%FRANCE TELECOM 3/01/2031 < 0.01%KROGER CO/THE 1/15/2017 < 0.01%IAS OPER PART LP 3/15/2018 < 0.01%SIX FLAGS ENT 1/15/2021 < 0.01%RETAIL OPPORTUNITY INVESTME < 0.01%IBM CORP 11/30/2039 < 0.01%SUNCOR ENERGY 12/01/2034 < 0.01%ANHEUSER-BUSCH 1/17/2018 < 0.01%SHELL INTL FIN 8/12/2023 < 0.01%LYONDELLBASELL 11/15/2021 < 0.01%EBAY INC 7/15/2042 < 0.01%HOLOGIC INC 8/01/2020 < 0.01%FANNIE MAE 1/25/2039 < 0.01%FANNIE MAE 12/25/2037 < 0.01%MOSAIC CO 11/15/2021 < 0.01%MASSMUTUAL GLBL 10/17/2022 < 0.01%VULCAN MATERIALS 6/15/2021 < 0.01%DEERE & CO 6/08/2022 < 0.01%AST Portfolio Holdings270 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioTES LOG LP/CORP 10/01/2020 < 0.01%APACHE CORP 4/15/2043 < 0.01%CLAIRE'S STORES 3/15/2019 < 0.01%WISC ELEC POWER 12/15/2019 < 0.01%MASSMUTUAL GLBL 8/02/2018 < 0.01%CONSUMERS ENERGY 4/15/2020 < 0.01%HUDSON PACIFIC < 0.01%TEXAS EASTERN TR 10/15/2022 < 0.01%TEVA PHARM FIN 11/10/2021 < 0.01%CHESAPEAKE ENRGY 4/15/2022 < 0.01%TRANS-CANADA PL 8/15/2038 < 0.01%SIMON PROP GP LP 5/30/2018 < 0.01%OPTION ONE MORTGAGE LOAN TR 2/25/2033 < 0.01%GENERAL MILLS IN 12/15/2021 < 0.01%HLSS SERVICER ADVANCE RECEI 10/15/2045 < 0.01%AMER INTL GROUP 2/15/2024 < 0.01%VALE 9/11/2042 < 0.01%UNITED RENTAL NA 6/15/2023 < 0.01%HILCORP ENERGY I 4/15/2021 < 0.01%BANK OF AMER CRP 7/01/2020 < 0.01%XEROX CORP 12/15/2019 < 0.01%CROWN CASTLE INT 1/15/2023 < 0.01%AMGEN INC 2/01/2039 < 0.01%UBS AG STAMFORD 4/25/2018 < 0.01%PNC FUNDING CORP 2/08/2020 < 0.01%PROV BUENOS AIRE 4/18/2028 < 0.01%WEATHERFORD BERM 3/01/2039 < 0.01%BRAZIL REP OF 1/15/2018 < 0.01%AGL CAPITAL CORP 8/15/2019 < 0.01%HCA HOLDINGS INC 2/15/2021 < 0.01%SOUTHERN CO 9/01/2018 < 0.01%STRIPS 2/15/2035 < 0.01%ROYAL BK CANADA 7/27/2018 < 0.01%MGM RESORTS 12/15/2021 < 0.01%HOME DEPOT INC 4/01/2021 < 0.01%GRAY TELE INC 10/01/2020 < 0.01%EXPRESS SCRIPTS 2/15/2022 < 0.01%TALISMAN ENERGY 2/01/2037 < 0.01%GEN ELEC CAP CRP 1/08/2020 < 0.01%ARROW ELECTRONIC 4/01/2020 < 0.01%KINDER MORGAN EN 2/15/2020 < 0.01%UNITEDHEALTH GRP 2/15/2021 < 0.01%ANHEUSER-BUSCH 1/15/2020 < 0.01%SHELL INTL FIN 9/22/2019 < 0.01%WELLS FARGO CO 8/15/2023 < 0.01%ROGERS COMM INC 10/01/2023 < 0.01%ICELAND (REP OF) 5/11/2022 < 0.01%KIMCO REALTY 5/01/2017 < 0.01%STATOIL ASA 5/15/2018 < 0.01%APPALACHIAN PWR 8/15/2037 < 0.01%MICROSOFT CORP 12/15/2023 < 0.01%PNC FUNDING CORP 8/11/2020 < 0.01%BALFOUR BEATTY F 12/03/2018 < 0.01%ALTRIA GROUP INC 8/09/2042 < 0.01%Security% of PortfolioACE INA HOLDINGS 3/13/2023 < 0.01%CFC LLC 7/17/2017 < 0.01%OHIO POWER CO 10/01/2021 < 0.01%UPCB FINANCE V 11/15/2021 < 0.01%ZIONS BANCORPORATION < 0.01%ENERGY TRAN PTNR 2/01/2023 < 0.01%XLIT LTD 11/15/2024 < 0.01%VENEZUELA 10/13/2019 < 0.01%SAMSON INVESTMEN 2/15/2020 < 0.01%MIDAMERICAN ENER 4/01/2036 < 0.01%CPS AUTO TRUST 12/16/2019 < 0.01%SOUFUN HOLDINGS 12/15/2018 < 0.01%JEFFERIES GROUP 3/15/2016 < 0.01%BOSTON PROP LP 5/15/2021 < 0.01%HEALTH CARE REIT < 0.01%NISOURCE FIN CP 2/01/2042 < 0.01%CCO HOLDINGS LLC 4/30/2021 < 0.01%APERAM 4/01/2018 < 0.01%TECK RESOURCES 1/15/2021 < 0.01%FRONTIER COMM 7/01/2021 < 0.01%TELEFONICA EMIS 4/27/2018 < 0.01%METLIFE INC 12/15/2036 < 0.01%NISOURCE FIN CP 2/01/2045 < 0.01%BANK OF NY MELLO 9/23/2021 < 0.01%HSBC FINANCE CRP 6/30/2015 < 0.01%FIRST INVESTORS AUTO OWNER 10/15/2018 < 0.01%APACHE CORP 9/01/2040 < 0.01%MICROSOFT CORP 10/01/2020 < 0.01%VALEANT PHARMA 8/15/2018 < 0.01%DAIMLER FINANCE 1/11/2017 < 0.01%CCO HOLDINGS LLC 3/15/2021 < 0.01%ALLY FINANCIAL < 0.01%FANNIE MAE 12/01/2037 < 0.01%NEW YORK LIFE GL 7/14/2016 < 0.01%NATIONWIDE MUTL 8/15/2039 < 0.01%DJO FINANCE LLC 4/15/2018 < 0.01%TRANS-CANADA PL 10/16/2023 < 0.01%SAXON ASSET SECURITIES TRUS 7/25/2030 < 0.01%INTERPUBLIC GRP 2/15/2023 < 0.01%ORACLE CORP 1/15/2019 < 0.01%SIRIUS XM RADIO 5/15/2020 < 0.01%ANTERO RESOURCES 12/01/2020 < 0.01%TENET HEALTHCARE 4/01/2022 < 0.01%ING US INC 7/15/2022 < 0.01%GANNETT CO 10/15/2023 < 0.01%CHEVRON CORP 12/05/2022 < 0.01%FIELDWOOD ENERGY 9/30/2020 < 0.01%SUN MERGER SUB 8/01/2018 < 0.01%MPH ACQUISITION 4/01/2022 < 0.01%HALCON RESOURCES 2/15/2022 < 0.01%TUTOR PERINI CRP 11/01/2018 < 0.01%HCA INC 2/15/2020 < 0.01%NEXTERA ENERGY 6/15/2023 < 0.01%ANXIN-CHINA HOLDINGS LTD < 0.01%AST Portfolio Holdings271 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioUNITEDHEALTH GRP 10/15/2042 < 0.01%TRANS-CANADA PL 1/15/2016 < 0.01%US TREASURY N/B 9/30/2014 < 0.01%DAIMLER FINANCE 7/31/2019 < 0.01%SPRINT NEXTEL 11/15/2022 < 0.01%SIRIUS XM RADIO 8/01/2021 < 0.01%FANNIE MAE 9/25/2028 < 0.01%BUMBLE BEE ACQ 12/15/2017 < 0.01%STATOIL ASA 1/17/2023 < 0.01%TRANSDIGM INC 10/15/2020 < 0.01%NATL CITY CORP 5/15/2019 < 0.01%IASIS HEALTHCARE 5/15/2019 < 0.01%PPL ELECTRIC UTI 9/01/2022 < 0.01%ZAYO GROUP LLC 7/01/2020 < 0.01%FIFTH THIRD BANK 3/01/2038 < 0.01%CONVATEC HEALTHC 12/15/2018 < 0.01%TYCO INTL FINANC 1/15/2019 < 0.01%METALSA SA DE CV 4/24/2023 < 0.01%VIRGINIA EL&PWR 3/15/2023 < 0.01%BANK OF AMER CRP 9/01/2017 < 0.01%ARCELORMITTAL 10/15/2039 < 0.01%DELL, INC. 4/29/2020 < 0.01%FRESENIUS MED 2/15/2021 < 0.01%RUSSIA-OFZ 8/16/2023 < 0.01%NATL MENTOR HLDG 2/15/2018 < 0.01%PECO ENERGY CO 9/15/2022 < 0.01%BROOKFIELD PROPERTY PARTNER < 0.01%DUKE ENERGY OHIO 9/01/2023 < 0.01%LEVEL 3 FIN INC 1/15/2021 < 0.01%ALLSTATE CORP 6/15/2023 < 0.01%METROPCS WIRELES 11/15/2020 < 0.01%VERIZON COMM INC 11/01/2022 < 0.01%BURLINGTON NORTH 8/15/2030 < 0.01%VODAFONE GROUP 9/26/2022 < 0.01%DEVON FINANCING 9/30/2031 < 0.01%AVAYA INC 10/26/2017 < 0.01%TOSCO CORP 1/01/2027 < 0.01%WELLPOINT INC 1/15/2023 < 0.01%MET LIFE GLOB 1/10/2023 < 0.01%IBM CORP 8/01/2027 < 0.01%RANGE RESOURCES 8/01/2020 < 0.01%CENOVUS ENERGY 9/15/2042 < 0.01%LEVEL 3 COMM INC 2/01/2019 < 0.01%FANNIE MAE 12/25/2036 < 0.01%JBS USA LLC/JBS 6/01/2021 < 0.01%VENEZUELA 12/09/2020 < 0.01%MORGAN STANLEY CAPITAL INC 11/25/2034 < 0.01%INDONESIA (REP) 3/04/2019 < 0.01%LIBERTY PROP LP 6/15/2023 < 0.01%GOODMAN NETWORK 7/01/2018 < 0.01%MARKWEST ENERGY 6/15/2022 < 0.01%CENTERPOINT ENER 1/15/2041 < 0.01%GEN ELEC CAP CRP 1/10/2039 < 0.01%NEVADA POWER CO 4/01/2036 < 0.01%Security% of PortfolioMEMORIAL RESOURC 7/01/2022 < 0.01%POLYONE CORP 9/15/2020 < 0.01%STONE ENERGY 11/15/2022 < 0.01%IBM CORP 5/15/2020 < 0.01%FIRST DATA CORP 1/15/2021 < 0.01%NOBLE HLDG INTL 3/15/2042 < 0.01%CPS AUTO TRUST 3/16/2020 < 0.01%US WEST CAP FDG 2/15/2031 < 0.01%LEVEL 3 FIN INC 7/01/2019 < 0.01%FANNIE MAE 1/01/2026 < 0.01%NBCUNIVERSAL MED 4/30/2040 < 0.01%CLEAR CHANNEL COMMUNICATION 7/30/2019 < 0.01%INVENTIV HEALTH 8/15/2018 < 0.01%BRISTOL-MYER SQB 8/01/2022 < 0.01%DISCOVERY COMMUN 4/01/2043 < 0.01%NOVELIS INC 12/15/2020 < 0.01%VIACOM INC 9/01/2043 < 0.01%CATERPILLAR FINL 11/06/2017 < 0.01%HALLIBURTON CO 2/15/2021 < 0.01%LIBERTY MUT INS 5/15/2025 < 0.01%ACE SECURITIES CORP. 12/25/2033 < 0.01%ORACLE CORP 4/15/2038 < 0.01%AMC ENTERTAINMNT 2/15/2022 < 0.01%PHILIP MORRIS IN 11/15/2043 < 0.01%DISH DBS CORP 5/01/2020 < 0.01%KEY ENERGY SERV 3/01/2021 < 0.01%ICAHN ENTER/FIN 2/01/2022 < 0.01%ANADARKO PETRO 3/15/2019 < 0.01%PEBBLEBROOK HOTEL TRUST < 0.01%T-MOBILE USA INC 4/28/2023 < 0.01%XSTRATA FIN CAN 10/25/2022 < 0.01%WESTINGHOUSE ELE 9/01/2023 < 0.01%TARGA RES PRTNRS 5/01/2023 < 0.01%CITIGROUP INC 9/13/2025 < 0.01%VALEANT PHARMA 7/15/2021 < 0.01%MISS POWER CO 3/15/2042 < 0.01%TEXAS COMPETITIVE ELECTRIC 10/10/2015 < 0.01%FIRST QUANTUM 2/15/2021 < 0.01%PROCTER & GAMBLE 8/15/2034 < 0.01%URUGUAY 1/15/2033 < 0.01%MORGAN STANLEY CAPITAL I TR 11/14/2042 < 0.01%21ST CENTURY FOX 10/01/2043 < 0.01%HALLIBURTON CO 2/01/2027 < 0.01%B DSC 02 10/02/2014 < 0.01%TIME WARNER COS 5/15/2029 < 0.01%INTELSAT LUXEMB 6/01/2023 < 0.01%BUNGE LTD FIN CP 6/15/2019 < 0.01%CAN IMPERIAL BK 1/23/2018 < 0.01%AT&T INC 2/01/2018 < 0.01%FREEPORT-MC C&G 3/15/2023 < 0.01%CONOCOPHIL CO 12/15/2017 < 0.01%TOTAL CAP INTL 1/15/2024 < 0.01%MASONITE INTL 4/15/2021 < 0.01%AGL CAPITAL CORP 3/15/2041 < 0.01%AST Portfolio Holdings272 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioFDIC TRUST 10/25/2018 < 0.01%ARROW ELECTRONIC 1/15/2027 < 0.01%FLORIDA PWR & LT 4/01/2034 < 0.01%BUILDING MAT COR 5/01/2021 < 0.01%FIRST DATA CORP 8/15/2021 < 0.01%W & T OFFSHORE 6/15/2019 < 0.01%BASIC ENERGY SVC 10/15/2022 < 0.01%FLORIDA PWR & LT 12/15/2042 < 0.01%ALABAMA POWER CO 3/01/2039 < 0.01%UNITEDHEALTH GRP 3/15/2036 < 0.01%LABORATORY CORP 8/23/2017 < 0.01%MERCK & CO INC 5/18/2023 < 0.01%MAGNACHIP SEMI 7/15/2021 < 0.01%CLEAR CHANNEL 12/15/2019 < 0.01%TRANS-CANADA PL 1/15/2019 < 0.01%HILTON WORLDWIDE 10/15/2021 < 0.01%ICELAND (REP OF) 6/16/2016 < 0.01%NORFOLK SOUTHERN 3/15/2099 < 0.01%CF INDUSTRIES IN 6/01/2043 < 0.01%BLUELINE RENTAL 2/01/2019 < 0.01%BELIZE 2/20/2038 < 0.01%TESLA MOTORS INC 3/01/2021 < 0.01%NEWS AMER INC 3/01/2019 < 0.01%ARGENT GLOBAL 6/02/2017 < 0.01%H&E EQUIPMENT 9/01/2022 < 0.01%CAROLINA P & L 4/01/2035 < 0.01%AMER HONDA FIN 10/10/2018 < 0.01%HARTFORD FINL 6/15/2038 < 0.01%MONTELL FIN BV 3/15/2027 < 0.01%FAMILY DOLLAR STORES < 0.01%AMERICA MOVIL SA 3/30/2040 < 0.01%HARLAND CLARKE 8/01/2018 < 0.01%LINCOLN NATL CRP 2/15/2020 < 0.01%GEN ELEC CAP CRP 8/07/2019 < 0.01%MICROSOFT CORP 5/01/2023 < 0.01%LITHUANIA 3/09/2021 < 0.01%DENBURY RESOURCE 7/15/2023 < 0.01%DEVON ENERGY 1/15/2019 < 0.01%DOW CHEMICAL CO 9/15/2021 < 0.01%SOUTHERN POWER 7/15/2043 < 0.01%VENEZUELA 5/07/2023 < 0.01%CENTERPOINT ENER 5/01/2018 < 0.01%POTOMAC ELEC PWR 12/15/2038 < 0.01%CNA FINANCIAL 8/15/2021 < 0.01%CHESAP OIL OP/FN 11/15/2019 < 0.01%KRAFT FOODS GROU 8/23/2018 < 0.01%ASSOC CORP NA 11/01/2018 < 0.01%SWIFT ENERGY CO 3/01/2022 < 0.01%BALT GAS & ELEC 11/15/2021 < 0.01%VERIZON COMM INC 9/15/2035 < 0.01%CBS CORP 10/15/2040 < 0.01%VALEANT PHARMA 12/01/2021 < 0.01%CIGNA CORP 2/15/2042 < 0.01%SEARS 6/30/2018 < 0.01%Security% of PortfolioHOME DEPOT INC 2/15/2024 < 0.01%BANK OF NY MELLO 5/15/2019 < 0.01%VIK CRUISES LTD 10/15/2022 < 0.01%LOS ANGELES CA DEPT OF ARPT 5/15/2039 < 0.01%TRANSOCEAN INC 11/15/2020 < 0.01%ROYAL BK SCOTLND 1/11/2021 < 0.01%TOPS HLDG/MKTS 12/15/2017 < 0.01%CRED SUIS NY 8/13/2019 < 0.01%ROMANIA 8/22/2023 < 0.01%TURKEY REP OF 4/03/2018 < 0.01%INTL WIRE GROUP 10/15/2017 < 0.01%CITIGROUP INC 7/15/2039 < 0.01%KAISER ALUMINUM 6/01/2020 < 0.01%BANCO NAC DESENV 6/10/2019 < 0.01%TECO FINANCE 3/15/2020 < 0.01%GARDA WORLD SECU 11/15/2021 < 0.01%CONCHO RES/MIDLA 1/15/2022 < 0.01%FIRST IND LP 1/15/2016 < 0.01%BRANDYWINE OPER 4/01/2016 < 0.01%JOHNSON CONTROLS 3/30/2020 < 0.01%ROC FINANCE LLC 6/20/2019 < 0.01%ULTRA PETROLEUM 12/15/2018 < 0.01%NABORS INDS INC 9/15/2020 < 0.01%PSEG POWER LLC 4/15/2020 < 0.01%MRT MID PART/FIN 2/15/2021 < 0.01%THOMSON REUTERS 4/15/2040 < 0.01%ESSEX PROPERTY T < 0.01%CNA FINANCIAL 8/15/2016 < 0.01%DUPONT EI NEMOUR 12/15/2016 < 0.01%CENTERPOINT ENER 1/15/2021 < 0.01%MORGAN STANLEY 10/18/2016 < 0.01%GOLDMAN SACHS GP 7/08/2044 < 0.01%TELEFONICA EMIS 6/20/2016 < 0.01%LINCOLN NATL CRP 7/01/2019 < 0.01%PETROBRAS 3/17/2044 < 0.01%DOMINICAN REPUBL 1/28/2024 < 0.01%JBS USA LLC/JBS 7/15/2024 < 0.01%ENSCO PLC 3/15/2021 < 0.01%MORGAN STANLEY 2/25/2016 < 0.01%COMCAST CORP 3/15/2016 < 0.01%PPL CAPITAL FDG 6/01/2043 < 0.01%LEVEL 3 COMM INC 6/01/2019 < 0.01%BLUEWATER HOLD 12/10/2019 < 0.01%INVESCO FIN PLC 1/30/2024 < 0.01%ULTRAPETROL 6/15/2021 < 0.01%CONCHO RES/MIDLA 1/15/2021 < 0.01%CRESTVIEW DS MRG 9/01/2021 < 0.01%COMCAST CORP 11/15/2015 < 0.01%NORDSTROM INC 10/15/2021 < 0.01%SALLY HLD/SAL CA 11/15/2019 < 0.01%ANIXTER INC 5/01/2019 < 0.01%BIOMET INC 10/01/2020 < 0.01%SPRINGLEAF MORTGAGE LOAN TR 12/25/2059 < 0.01%ENERGY TRANS 1/15/2024 < 0.01%AST Portfolio Holdings273 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioWEATHERFORD BERM 4/15/2022 < 0.01%FREDDIE MAC 6/01/2037 < 0.01%LABORATORY CORP 11/01/2018 < 0.01%BP CAPITAL PLC 11/06/2017 < 0.01%DEVON ENERGY 7/15/2021 < 0.01%COCA-COLA CO/THE 4/01/2018 < 0.01%MOLSON COORS 5/01/2042 < 0.01%APACHE CORP 2/01/2021 < 0.01%DIAMONDBACK ENER 10/01/2021 < 0.01%ROGERS COMM INC 10/01/2043 < 0.01%VERICREST OPPORTUNITY LOAN 11/25/2053 < 0.01%TRINIDAD DRILL 1/15/2019 < 0.01%US T BILLS .042% 1/08/2015 < 0.01%STATION CASINOS 3/02/2020 < 0.01%BUNGE LTD FIN CP 3/15/2016 < 0.01%CELGENE CORP 10/15/2020 < 0.01%GENERAL MOTORS 10/02/2023 < 0.01%LOCKHEED MARTIN 12/15/2042 < 0.01%FANNIE MAE 12/25/2033 < 0.01%VALEANT PHARMA 8/15/2021 < 0.01%ACCO BRANDS CORP 4/30/2020 < 0.01%HEWLETT-PACK CO 12/01/2020 < 0.01%DOMINICAN REPUBL 4/18/2024 < 0.01%JOHNSON CONTROLS 12/01/2021 < 0.01%PENSKE AUTO GRP 10/01/2022 < 0.01%CATLIN INSURANCE 1/19/2017 < 0.01%AON CORP 9/30/2015 < 0.01%UNTD AIR 2013-1 8/15/2025 < 0.01%CMS ENERGY 6/15/2019 < 0.01%CLEARWIRE COMM 12/01/2016 < 0.01%EXETER AUTOMOBILE RECEIVABL 6/15/2017 < 0.01%ENERGY TRANS 1/15/2024 < 0.01%NFR ENERGY 12/31/2018 < 0.01%KEYCORP 12/13/2018 < 0.01%SABINE PASS LIQU 5/15/2024 < 0.01%PS BUSINESS PARK < 0.01%GOLDMAN SACHS GP 11/23/2015 < 0.01%FANNIE MAE 6/01/2026 < 0.01%GEN MOTORS FIN 5/15/2018 < 0.01%T-MOBILE USA INC 4/01/2023 < 0.01%WALT DISNEY CO 8/16/2021 < 0.01%SCHWAB CHARLES 9/01/2022 < 0.01%TARGET CORP 6/26/2019 < 0.01%CBL & ASSOC PROP < 0.01%SERVICE CORP INT 11/15/2021 < 0.01%GAZTRANSPORT ET TECHNIGA < 0.01%SPECTRA PARTNERS 9/25/2018 < 0.01%LEVEL 3 FIN INC 6/01/2020 < 0.01%VODAFONE GROUP 2/19/2018 < 0.01%M/I HOMES INC 11/15/2018 < 0.01%CAROLINA P & L 3/15/2043 < 0.01%BEAM INC 5/15/2022 < 0.01%QEP RESOURCES 5/01/2023 < 0.01%WEST CORP 7/15/2022 < 0.01%Security% of PortfolioAXIALL CORP 5/15/2023 < 0.01%CDW CORPORATION 4/29/2020 < 0.01%WASTE MANAGEMENT 3/11/2019 < 0.01%TENET HEALTHCARE 10/01/2020 < 0.01%HEWLETT-PACK CO 9/15/2021 < 0.01%BHP FINANCE USA 9/30/2018 < 0.01%CERIDIAN CORP 8/14/2015 < 0.01%INTERPUBLIC GROUP COS 4/15/2024 < 0.01%CSX CORP 10/01/2036 < 0.01%COLUMBUS SO PWR 3/01/2033 < 0.01%HERTZ CORP 1/15/2021 < 0.01%WEATHERFORD BERM 4/15/2042 < 0.01%VIDEOTRON LTD 6/15/2024 < 0.01%CHEVRON CORP 6/24/2023 < 0.01%JAMAICA GOVT 3/15/2039 < 0.01%SUNCOR INC 6/15/2038 < 0.01%UKRAINE GOVT 11/21/2016 < 0.01%ALABAMA POWER CO 12/01/2023 < 0.01%COMSTOCK RES INC 4/01/2019 < 0.01%KIMBERLY-CLARK 6/01/2023 < 0.01%PROV BUENOS AIRE 10/05/2015 < 0.01%ATLAS PIPELINE 11/15/2021 < 0.01%PRINCIPAL LFE II 12/11/2015 < 0.01%WHITING PETRO 3/15/2019 < 0.01%VIACOM INC 3/15/2023 < 0.01%VORNADO RLTY LP < 0.01%STATE STREET COR 5/15/2023 < 0.01%SITEL LLC 4/01/2018 < 0.01%INGERSOLL-RND GL 1/15/2019 < 0.01%LENNAR CORP 6/01/2018 < 0.01%WELLS FARGO CO 12/29/2049 < 0.01%CASELLA WASTE 2/15/2019 < 0.01%NUCOR CORP 8/01/2023 < 0.01%MOSAIC CO 11/15/2023 < 0.01%SEMINOLE INC/LLC 5/15/2021 < 0.01%COEUR D'ALENE 2/01/2021 < 0.01%MILACRON/MCRON 2/15/2021 < 0.01%VAIL RESORTS 5/01/2019 < 0.01%UNIVISION COMMUNICATIONS IN 3/01/2020 < 0.01%BHP FINANCE USA 3/01/2026 < 0.01%CAPITAL ONE FINL 11/06/2015 < 0.01%BAXTER INTL 6/15/2018 < 0.01%AT&T INC 1/15/2038 < 0.01%FANNIE MAE 2/25/2033 < 0.01%NISOURCE FIN CP 12/15/2040 < 0.01%POLYONE CORP 3/15/2023 < 0.01%PETROBRAS 5/20/2023 < 0.01%PROV DE CORDOBA 8/17/2017 < 0.01%HECLA MINING CO 5/01/2021 < 0.01%CITIGROUP INC 1/30/2043 < 0.01%CATALENT PHARMA 10/15/2018 < 0.01%CCM MERGER INC. 3/01/2017 < 0.01%SHINGLE SPRINGS 9/01/2021 < 0.01%WELLS FARGO CO 1/15/2019 < 0.01%AST Portfolio Holdings274 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioNII CAPITAL CORP 4/01/2021 < 0.01%CNG HOLDINGS INC 5/15/2020 < 0.01%GMAC LLC 11/01/2031 < 0.01%SNAAC AUTO RECEIVABLES TRUS 7/16/2018 < 0.01%CALPINE CORP 1/15/2024 < 0.01%PROLOGIS LP 3/15/2020 < 0.01%CINEMARK USA 12/15/2022 < 0.01%TOYOTA MTR CRED 10/05/2017 < 0.01%PRECISION DRILL 12/15/2021 < 0.01%CLEAR CHANNEL OUTDOOR-CL A < 0.01%PLAINS EXPLORATI 2/15/2023 < 0.01%T-MOBILE USA INC 1/15/2022 < 0.01%AGL CAPITAL CORP 6/01/2043 < 0.01%SBA COMMUNICATIO 7/15/2022 < 0.01%KERR-MCGEE CORP 9/15/2031 < 0.01%ACE CASH EXPRESS 2/01/2019 < 0.01%DAVITA HEALTHCAR 7/15/2024 < 0.01%DREAMWORKS ANIMA 8/15/2020 < 0.01%BB&T CORPORATION 6/19/2018 < 0.01%HARDWOODS ACQ 8/01/2021 < 0.01%SABINE OIL & GAS 2/15/2017 < 0.01%PRECISION DRILL 11/15/2024 < 0.01%PACCAR FINL CORP 2/08/2016 < 0.01%HCA INC 3/15/2022 < 0.01%GEN ELECTRIC CO 10/09/2022 < 0.01%LIBERTY MEDIA 2/01/2030 < 0.01%UK POUND STERLING < 0.01%AVIS BUDGET CAR 6/01/2022 < 0.01%HCA INC 5/01/2023 < 0.01%LIBERTY MUTUAL 6/01/2021 < 0.01%FRESENIUS MED 1/31/2022 < 0.01%ALLY FINANCIAL 3/15/2020 < 0.01%CNL LIFESTYLE 4/15/2019 < 0.01%VENEZUELA 5/07/2028 < 0.01%OASIS PETROLEUM 3/15/2022 < 0.01%SEALED AIR CORP 9/15/2019 < 0.01%STANDRD PAC CORP 1/15/2021 < 0.01%UNIVISION COMM 5/15/2021 < 0.01%DYCOM INVST 1/15/2021 < 0.01%CEC ENTERTAINMEN 2/15/2022 < 0.01%EL SALVADOR REP 4/10/2032 < 0.01%HIL PART LP/CORP 10/01/2020 < 0.01%ROSETTA RESOURCE 5/01/2021 < 0.01%ATLAS PIPELINE 8/01/2023 < 0.01%SPECTRUM BRANDS 11/15/2022 < 0.01%MEG ENERGY CORP 3/31/2024 < 0.01%STATION CASINOS 3/01/2021 < 0.01%L BRANDS INC 10/15/2023 < 0.01%DAVITA INC 8/15/2022 < 0.01%COMMERCIAL METAL 8/15/2018 < 0.01%COMPRESSCO PARTN 8/15/2022 < 0.01%BRITISH TEL PLC 12/15/2030 < 0.01%SPECTRUM BRANDS 3/15/2020 < 0.01%GEN MOTORS FIN 8/15/2017 < 0.01%Security% of PortfolioBRIGGS&STRATTON 12/15/2020 < 0.01%MAGELLAN MID 10/15/2043 < 0.01%NII INTL TELECOM 8/15/2019 < 0.01%JBS USA LLC/JBS 6/01/2021 < 0.01%CELANESE US HLDS 10/15/2018 < 0.01%AK STEEL CORP 12/01/2018 < 0.01%WACHOVIA CAP III 3/15/2042 < 0.01%ARIZONA PUB SERV 4/01/2042 < 0.01%AIR CAN 2013-1A 5/15/2025 < 0.01%VPI ESCROW CORP 10/15/2020 < 0.01%PIONEER ENERGY S 3/15/2022 < 0.01%PAC LIFE INSUR 6/15/2039 < 0.01%MEG ENERGY CORP 1/30/2023 < 0.01%PSEG POWER LLC 11/15/2023 < 0.01%EATON CORP 3/20/2019 < 0.01%BRAZILIAN REAL < 0.01%GENESIS ENERGY 2/15/2021 < 0.01%S FRWD EUR 8/21/2014 < 0.01%FIDLTY & GURNTY 4/01/2021 < 0.01%CARDTRONICS INC 8/01/2022 < 0.01%US CONCRETE 12/01/2018 < 0.01%LEND PROC SRV 4/15/2023 < 0.01%FIRST DATA CORP 6/15/2021 < 0.01%DEVON ENERGY 7/15/2041 < 0.01%JURASSIC HLDINGS 2/15/2021 < 0.01%RR DONNELLEY 4/01/2024 < 0.01%ALLIANCE DATA 8/01/2022 < 0.01%RYERSON INC/JOE 10/15/2017 < 0.01%DUPONT PERFORMANCE 2/01/2020 < 0.01%ALCOA INC 7/15/2018 < 0.01%ENDO FINANCE LLC 7/15/2019 < 0.01%NEW GOLD INC 11/15/2022 < 0.01%PETROLEOS DE VEN 11/17/2021 < 0.01%WEATHERFORD BERM 9/15/2040 < 0.01%AVAYA INC 3/01/2021 < 0.01%CONSOL ENERGY 3/01/2021 < 0.01%DIGITALGLOBE INC 2/01/2021 < 0.01%GRIFFON CORP 3/01/2022 < 0.01%NETFLIX INC 2/01/2021 < 0.01%HCP INC 8/01/2022 < 0.01%DR PEPPER SNAPPL 1/15/2020 < 0.01%AMKOR TECH INC 6/01/2021 < 0.01%MEXICAN BONOS 12/05/2024 < 0.01%VIASYSTEMS INC 5/01/2019 < 0.01%JONES ENERGY HLD 4/01/2022 < 0.01%CENVEO CORP 9/15/2022 < 0.01%REP OF POLAND 3/17/2023 < 0.01%JARDEN CORP 5/01/2017 < 0.01%T-MOBILE USA INC 4/28/2021 < 0.01%RAIN CII CARBON 12/01/2018 < 0.01%GRATON ECONOMIC 9/01/2019 < 0.01%ENTERPRISE PRODU 3/15/2044 < 0.01%PITTSBURGH GLASS 11/15/2018 < 0.01%STANWICH MORTGAGE LOAN TRUS 9/15/2042 < 0.01%AST Portfolio Holdings275 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioMTR GAMING GROUP 8/01/2019 < 0.01%LIFEPOINT HOSPIT 12/01/2021 < 0.01%MEXICAN BONOS 11/20/2036 < 0.01%GRAPHIC PACKAGE 4/15/2021 < 0.01%MACYS RETAIL HLD 2/15/2023 < 0.01%RAYONIER AM PROD 6/01/2024 < 0.01%EL SALVADOR REP 6/15/2035 < 0.01%ALCATEL-LUCENT USA INC. 1/30/2019 < 0.01%JBS USA LLC/JBS 2/01/2020 < 0.01%DYNEGY INC 6/01/2023 < 0.01%NEUBERGER BERMAN 3/15/2022 < 0.01%WALGREEN CO 9/15/2017 < 0.01%CAN IMPERIAL BK 10/01/2015 < 0.01%HCA INC 5/01/2023 < 0.01%MERITAGE HOMES 4/01/2022 < 0.01%QUAD/GRAPHICS 5/01/2022 < 0.01%TELEFONICA EMIS 4/27/2020 < 0.01%DELTA AIR 2012-1 5/07/2019 < 0.01%FTI CONSULTING 10/01/2020 < 0.01%LUCENT TECH 3/15/2029 < 0.01%TALOS PRODUCTION 2/15/2018 < 0.01%HUNGARY 3/29/2021 < 0.01%NATIONSTAR MORT/ 10/01/2020 < 0.01%PRECISION CASTPARTS CORP < 0.01%ADVANCED MICRO D 3/01/2019 < 0.01%HYDRO-QUEBEC 2/01/2021 < 0.01%ALABAMA POWER CO 12/01/2042 < 0.01%ENVISION HEALTH 7/01/2022 < 0.01%NETFLIX INC 3/01/2024 < 0.01%MERCK & CO INC 9/15/2022 < 0.01%WCI COMMUNITIES 8/15/2021 < 0.01%DIRECTV HLDGS/FN 3/01/2021 < 0.01%CERIDIAN CORP 7/15/2019 < 0.01%ALTICE FINANCING S.A 7/02/2019 < 0.01%SUNTRUST BANKS 11/01/2018 < 0.01%HCA INC 3/15/2024 < 0.01%EXCO RESOURCES 4/15/2022 < 0.01%BEV PCK HD LU/IN 12/15/2016 < 0.01%TASEKO MINES LTD 4/15/2019 < 0.01%TENET HEALTHCARE 11/01/2018 < 0.01%CLEAR CHNL WORLD 11/15/2022 < 0.01%CELGENE CORP 8/15/2022 < 0.01%CYRUSONE LP/CYRU 11/15/2022 < 0.01%MALLINCKRODT FIN 8/01/2022 < 0.01%BC MOUNTAIN LLC 2/01/2021 < 0.01%DUPONT EI NEMOUR 2/15/2043 < 0.01%SHELF DRL HOLD 11/01/2018 < 0.01%PETROLEOS MEXICA 1/18/2024 < 0.01%EAGLE SPINCO INC 2/15/2021 < 0.01%FIRST QUANTUM 2/15/2020 < 0.01%WMG ACQUISITION 4/15/2022 < 0.01%CRSTWD PART/FIN 3/01/2022 < 0.01%CHESAPEAKE ENRGY 2/15/2021 < 0.01%DELUXE CORP 3/15/2019 < 0.01%Security% of PortfolioMIDAMERICAN ENER 11/15/2043 < 0.01%ALERIS INTL 11/01/2020 < 0.01%PANAMA 1/26/2036 < 0.01%DUKE ENERGY CAR 1/15/2038 < 0.01%ALBERTSON'S INC 6/15/2026 < 0.01%VWR FUNDING INC 9/15/2017 < 0.01%CBS OUTDOOR AMERICAS < 0.01%HONG KONG DOLLAR < 0.01%CALPINE CORP 1/15/2025 < 0.01%ONEX USI AC 1/15/2021 < 0.01%NOKIA OYJ 5/15/2019 < 0.01%SEALED AIR CORP 12/01/2020 < 0.01%INGLES MKTS INC 6/15/2023 < 0.01%CITGO PETROLEUM 8/15/2022 < 0.01%NEXTERA ENERGY 6/01/2015 < 0.01%CIMAREX ENERGY 6/01/2024 < 0.01%DUPONT FABROS TE 9/15/2021 < 0.01%ROMANIA 1/22/2044 < 0.01%NUFARM AUS LTD 10/15/2019 < 0.01%CSC HOLDINGS LLC 11/15/2021 < 0.01%OPTEUM MORTGAGE ACCEPTANCE 12/25/2035 < 0.01%FREESCALE SEMICONDUCTOR INC 2/28/2020 < 0.01%MATTAMY GROUP 11/15/2020 < 0.01%HD SUPPLY INC 7/15/2020 < 0.01%JOHN DEERE CAP 10/10/2017 < 0.01%TRANSDIGM INC 7/15/2024 < 0.01%ADVANCED MICRO 7/01/2024 < 0.01%GEN ELEC CAP CRP 12/11/2015 < 0.01%TRANSDIGM INC 7/15/2022 < 0.01%OLIN CORP 8/15/2022 < 0.01%BANK OF MONTREAL 9/11/2017 < 0.01%TENET HEALTHCARE 10/01/2021 < 0.01%HCA INC 3/15/2019 < 0.01%WELLS ENTERPRISE 2/01/2020 < 0.01%KIMCO REALTY < 0.01%TENET HEALTHCARE 3/01/2019 < 0.01%A-S CO-ISS SUB I 12/15/2020 < 0.01%NUCOR CORP 6/01/2018 < 0.01%COMCAST CORP 7/15/2042 < 0.01%CALPINE CORP 1/15/2023 < 0.01%CHUBB CORP 5/15/2018 < 0.01%SIRIUS XM RADIO 5/15/2023 < 0.01%INTUIT INC 3/15/2017 < 0.01%UNIVISION COMM 5/15/2023 < 0.01%CBL & ASSOCIATES PROPERTIES < 0.01%JAMAICA GOVT 6/20/2017 < 0.01%PUB SVC OKLAHOMA 12/01/2019 < 0.01%TRANSUNION HOLD 6/15/2018 < 0.01%TELEFLEX INC 6/15/2024 < 0.01%S FRWD JPY 1 8/21/2014 < 0.01%AVIS BUDGET CAR 3/15/2020 < 0.01%WEINGARTEN RLTY < 0.01%JM HUBER CORP 11/01/2019 < 0.01%STEEL DYNAMICS 4/15/2023 < 0.01%AST Portfolio Holdings276 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioCONSTELLATION BR 5/01/2023 < 0.01%LINCOLN NATL CRP 6/24/2021 < 0.01%REYNOLDS GROUP HOLDINGS 12/01/2018 < 0.01%HESS CORP 10/01/2029 < 0.01%PETROLOGISTICS 4/01/2020 < 0.01%GENESIS ENERGY L 6/15/2024 < 0.01%FORMULA ONE GROUP 7/29/2022 < 0.01%NII INTL TELECOM 8/15/2019 < 0.01%KILROY REALTY < 0.01%MARKWEST ENERGY 7/15/2023 < 0.01%SIGNODE INDUS GR 5/01/2022 < 0.01%NAVIOS SA LOGIST 5/01/2022 < 0.01%NEWFIELD EXPLOR 7/01/2024 < 0.01%XCEL ENERGY INC 5/09/2016 < 0.01%ACTIVISION BLIZZ 9/15/2023 < 0.01%ENERGY XXI GULF 3/15/2024 < 0.01%BERRY PLASTICS 5/15/2022 < 0.01%CCRE CO LP/FIN C 2/15/2018 < 0.01%COUNTRYWIDE ALTERNATIVE LOA 4/25/2034 < 0.01%BROOKFIELD RESID 7/01/2022 < 0.01%GUITAR CENTER 4/15/2019 < 0.01%KILROY REALTY < 0.01%WASTE MANAGEMENT 9/15/2022 < 0.01%CREDIT SUISSE FIRST BOSTON 11/25/2020 < 0.01%INVENTIV HEALTH 1/15/2018 < 0.01%DAVITA INC 11/01/2020 < 0.01%CROWN CASTLE INTL CORP 4/15/2022 < 0.01%SANMINA CORP 6/01/2019 < 0.01%EP ENER/EVEREST 5/01/2019 < 0.01%WINDSTREAM CORP 9/01/2018 < 0.01%FIRST DATA CORP 1/15/2021 < 0.01%UNIFRAX I LLC/UN 2/15/2019 < 0.01%CROWN AMER/CAP 1/15/2023 < 0.01%EXTERRAN PARTNER 10/01/2022 < 0.01%MICRON TECH 2/01/2025 < 0.01%PUB SVC EL & GAS 9/01/2042 < 0.01%PUB SVC NEW HAMP 11/01/2023 < 0.01%CONAGRA INC 1/25/2016 < 0.01%S FRWD SEK 8/21/2014 < 0.01%COSTAR 9.995 01 REGS 8/01/2020 < 0.01%CLAIRE'S STORES 3/15/2020 < 0.01%PARKER DRILLING 7/15/2022 < 0.01%PARKER DRILLING 8/01/2020 < 0.01%REVLON CONS PROD 2/15/2021 < 0.01%SEMGROUP CORP 6/15/2021 < 0.01%AMSURG ESCROW 7/15/2022 < 0.01%INFOR SOFTWARE 5/01/2021 < 0.01%ACADIA HEALTH 3/15/2021 < 0.01%BAT INTL FINANCE 6/05/2015 < 0.01%BOSTON PROP LP 2/01/2024 < 0.01%MOHEGAN TRIBAL GAMING AUTHO 11/19/2019 < 0.01%WINDSTREAM CORP 4/01/2023 < 0.01%PRESTIGE BRANDS 12/15/2021 < 0.01%IND MICH POWER 3/15/2023 < 0.01%Security% of PortfolioBALL CORP 3/15/2022 < 0.01%NGL ENRGY PART/F 10/15/2021 < 0.01%KANSAS CITY P&L 3/15/2023 < 0.01%K HOVNANIAN ENTR 10/15/2015 < 0.01%ISTAR FINANCIAL 7/01/2018 < 0.01%TEXAS COMPETITIVE ELECTRIC 5/12/2016 < 0.01%SINCLAIR TELE 8/01/2024 < 0.01%STALLION OILFIELD 6/11/2018 < 0.01%RJS POWER HOLDIN 7/15/2019 < 0.01%CIMAREX ENERGY 5/01/2022 < 0.01%SUPERVALU INC 5/01/2016 < 0.01%FLOATEL 5/20/2020 < 0.01%US TREASURY N/B 11/15/2043 < 0.01%CEDAR FAIR LP/CA 3/15/2021 < 0.01%NEXTERA ENERGY 9/01/2015 < 0.01%ALBERTSON'S INC 5/01/2031 < 0.01%MALLINCKRODT INT 4/15/2023 < 0.01%RCN TELE SER/CAP 8/15/2020 < 0.01%STEEL DYNAMICS 8/15/2022 < 0.01%TEXAS COMPETITIVE ELECTRIC 5/12/2016 < 0.01%SCHLUMBERGER INV 8/01/2022 < 0.01%CIT GROUP INC 5/15/2020 < 0.01%DTE ENERGY CO 12/01/2023 < 0.01%AMERICAN WATER 12/01/2042 < 0.01%BOMBARDIER INC 4/15/2019 < 0.01%KODIAK OIL 1/15/2021 < 0.01%REYNOLDS GROUP HOLDINGS 9/28/2018 < 0.01%S FRWD EUR 8/21/2014 < 0.01%STATOIL ASA 11/08/2020 < 0.01%ARAMARK SERV INC 3/15/2020 < 0.01%KENNEDY-WILSON 4/01/2024 < 0.01%AVIS BUDGET CAR 4/01/2023 < 0.01%TELEFONICA EMIS 7/15/2019 < 0.01%MICROSOFT CORP 11/15/2017 < 0.01%HILCORP ENERGY I 12/01/2024 < 0.01%REGAL ENTERTAIN 6/15/2023 < 0.01%UNIVISION COMM 11/01/2020 < 0.01%CLEARWATER PAPER 2/01/2025 < 0.01%SPECTRA PARTNERS 9/25/2043 < 0.01%SEVENTY SEVEN 7/15/2022 < 0.01%CCO HOLDINGS LLC 4/30/2020 < 0.01%T-MOBILE USA INC 9/01/2018 < 0.01%DUKE REALTY CORP < 0.01%RIVERS PITTSBURG 6/15/2019 < 0.01%IGATE CORP 4/15/2019 < 0.01%ANTERO RESOURCES 12/01/2022 < 0.01%AMSURG CORP 11/30/2020 < 0.01%KODIAK OIL 2/01/2022 < 0.01%SENECA GAMING 12/01/2018 < 0.01%SINCLAIR TELE 11/01/2021 < 0.01%ALLIANT TECHSYS 10/01/2021 < 0.01%K HOVNANIAN ENTR 11/15/2020 < 0.01%SENSATA TECH BV 10/15/2023 < 0.01%DDR CORP < 0.01%AST Portfolio Holdings277 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioUNITED PARCEL 10/01/2022 < 0.01%CLOUD PEAK ENRGY 3/15/2024 < 0.01%WINDSTREAM CORP 6/01/2022 < 0.01%ZOETIS INC 2/01/2018 < 0.01%SHELF DRILLING MIDCO TL 10/08/2018 < 0.01%PENSKE TRUCK LE 7/17/2018 < 0.01%WISC ELEC POWER 12/15/2042 < 0.01%ROMANIA 2/07/2022 < 0.01%INTELSAT JACKSON 12/15/2022 < 0.01%HARLAND CLARKE 3/01/2021 < 0.01%AVAGO TECHNOLOGIES LTD 5/06/2021 < 0.01%NAVIOS MARITIME PARTNERS 6/27/2018 < 0.01%CAPITAL ONE FINL 6/15/2023 < 0.01%TIME INC 4/15/2022 < 0.01%US TREASURY N/B 10/31/2018 < 0.01%SPRINT CORP 9/15/2021 < 0.01%ENERGY FUTURE INTERMEDIATE 6/12/2016 < 0.01%PRINCE MINERAL 12/15/2019 < 0.01%WMG ACQUISITION CORP 7/01/2020 < 0.01%FREESCALE SEMICO 1/15/2022 < 0.01%ALUM CO AMERICA 1/15/2028 < 0.01%ALCOA INC 8/15/2020 < 0.01%CONSTELLATION BR 5/01/2022 < 0.01%CLEARWATER PAPER 2/01/2023 < 0.01%MCGRAW HILL EDUCATION 3/22/2019 < 0.01%KRATOS DEF & SEC 5/15/2019 < 0.01%BLUESCOPE STL LT 5/01/2018 < 0.01%PHI INC 3/15/2019 < 0.01%SABRE CORP < 0.01%BOMBARDIER INC 1/15/2023 < 0.01%KGHM INTL 6/15/2019 < 0.01%MASTEC INC 3/15/2023 < 0.01%ISLE OF CAPRI 6/15/2020 < 0.01%J CREW 2/28/2021 < 0.01%DRILLSHIPS FINANCING HOLDIN 7/08/2021 < 0.01%NATIONAL OILWELL 12/01/2017 < 0.01%RHP HOTEL PPTY 4/15/2021 < 0.01%NATL FINANCIAL 7/15/2021 < 0.01%SEALED AIR CORP 4/01/2023 < 0.01%TOTAL CAP CANADA 1/15/2016 < 0.01%REGENCY CENTERS < 0.01%SUMMIT MID HLD / 7/01/2021 < 0.01%ISLE OF CAPRI 3/15/2021 < 0.01%GENCORP INC 3/15/2021 < 0.01%MUSTANG MERGER 8/15/2021 < 0.01%ANTERO RESOURCES 11/01/2021 < 0.01%ASHLAND INC 4/15/2018 < 0.01%CEDAR FAIR LP/CA 6/01/2024 < 0.01%CLEAN HARBORS IN 6/01/2021 < 0.01%FREESCALE SEMICO 5/15/2021 < 0.01%ARDAGH PKG FIN 11/15/2020 < 0.01%PILGRIM'S PRIDE 12/15/2018 < 0.01%GLOB PART/GLP FI 7/15/2022 < 0.01%CENTURY COMMUNIT 5/15/2022 < 0.01%Security% of PortfolioCONAGRA INC 3/15/2018 < 0.01%CINC BELL INC 10/15/2020 < 0.01%PS BUSINESS PARK < 0.01%CAPSUGEL SA 5/15/2019 < 0.01%JOHN DEERE CAP 1/15/2020 < 0.01%R.H. DONNELLEY INC 12/31/2016 < 0.01%NOVA CHEMICALS 8/01/2023 < 0.01%NEW GOLD INC 4/15/2020 < 0.01%OMNICARE INC 6/01/2020 < 0.01%CONTL AIRLINES 10/29/2024 < 0.01%DOWNSTREAM DEVEL 7/01/2019 < 0.01%ENERGY XXI GULF 12/15/2021 < 0.01%PETROLEOS MEXICA 7/18/2018 < 0.01%REP OF NIGERIA 6/29/2019 < 0.01%ROSE ROCK MID/FI 7/15/2022 < 0.01%SANCHEZ ENERGY 1/15/2023 < 0.01%JAPAN YEN < 0.01%VIKCRU-CALL 8/15/2018 < 0.01%REGENCY ENERGY P 10/01/2022 < 0.01%COVANTA HOLDING 3/01/2024 < 0.01%RITE AID CORP. 8/21/2020 < 0.01%LIVE NATION ENT 6/15/2022 < 0.01%HEINEKEN NV 10/01/2017 < 0.01%J CREW 2/28/2021 < 0.01%AMSTED INDS 3/15/2022 < 0.01%WESTERN REFINING 4/01/2021 < 0.01%CASCADES INC 7/15/2022 < 0.01%PUBLIC SERV COLO 9/15/2022 < 0.01%CINC BELL INC 3/15/2018 < 0.01%T-MOBILE USA INC 1/15/2024 < 0.01%T-MOBILE USA INC 4/28/2019 < 0.01%TESORO CORP 4/01/2024 < 0.01%INLAND REAL ESTA < 0.01%US WEST COMM 9/15/2025 < 0.01%REYNOLDS GROUP HOLDINGS 9/28/2018 < 0.01%TERRENO REALTY < 0.01%SABRA HEALTHCARE < 0.01%PUBLIC STORAGE < 0.01%PUBLIC STORAGE < 0.01%SPIRIT AEROSYSTE 3/15/2022 < 0.01%UNITEDHEALTH GRP 2/15/2023 < 0.01%ENTEGRIS INC 4/01/2022 < 0.01%HIL PART LP/CORP 5/15/2022 < 0.01%VORNADO RLTY TST < 0.01%MASCO CORP 3/15/2022 < 0.01%SCHWAB CHARLES 7/22/2020 < 0.01%CONSTELLATION BR 5/01/2021 < 0.01%EATON CORP 11/02/2017 < 0.01%S FRWD JPY 1 8/21/2014 < 0.01%S FRWD CHF 8/21/2014 < 0.01%ARROW ELECTRONIC 3/01/2018 < 0.01%PAETEC HOLDING 12/01/2018 < 0.01%RADIO ONE INC 2/15/2020 < 0.01%COMMONWEALTH REI < 0.01%AST Portfolio Holdings278 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioJ CREW 2/28/2021 < 0.01%L FRWD GBP 8/21/2014 < 0.01%HARLAND CLARKE 3/01/2020 < 0.01%PRINCIPAL FINL 11/15/2017 < 0.01%S FRWD EUR 8/21/2014 < 0.01%R.H. DONNELLEY INC 12/31/2016 < 0.01%MICRON TECH 2/15/2022 < 0.01%LEVEL 3 FIN INC 1/15/2018 < 0.01%FRONTIER COMM 4/15/2022 < 0.01%ACADIA HEALTH 7/01/2022 < 0.01%CATAMARAN CORP 3/15/2021 < 0.01%ERAC USA FINANCE 3/15/2042 < 0.01%ZAYO GROUP 7/02/2019 < 0.01%FIRST CASH FINL 4/01/2021 < 0.01%US TREASURY N/B 4/30/2018 < 0.01%COGECO CABLE 5/01/2020 < 0.01%EATON CORP 11/02/2032 < 0.01%ADT CORP 7/15/2022 < 0.01%REGENCY ENERGY 11/01/2023 < 0.01%XO COMMUNICATIONS 3/20/2021 < 0.01%NATIONSTAR MORT/ 6/01/2022 < 0.01%NORSK HYDRO A/S 1/15/2018 < 0.01%CARESTREAM HEALTH INC. 6/07/2019 < 0.01%S FRWD GBP 8/21/2014 < 0.01%CERIDIAN/COMDATA 11/15/2017 < 0.01%J CREW 3/05/2021 < 0.01%AZ CHEM US INC. (ARIZONA CH 6/15/2021 < 0.01%BELDEN INC 7/15/2024 < 0.01%BAYTEX ENERGY 6/01/2021 < 0.01%INVENTIV HEALTH 8/15/2018 < 0.01%BAYTEX ENERGY 6/01/2024 < 0.01%ARTESYN ESCROW 10/15/2020 < 0.01%SABRE GLBL INC 5/15/2019 < 0.01%TAYLOR MORRISON 4/15/2020 < 0.01%IGLOO HOLDINGS 12/15/2017 < 0.01%S FRWD EUR 8/21/2014 < 0.01%NIELSEN CO LUXEM 10/01/2021 < 0.01%CENTENE CORP 5/15/2022 < 0.01%ENDO FINANCE LLC 1/15/2022 < 0.01%SUMMIT MID HLD / 8/15/2022 < 0.01%BARRICK GOLD COR 4/01/2042 < 0.01%ERAC USA FINANCE 4/15/2016 < 0.01%S FRWD JPY 1 8/21/2014 < 0.01%OCI BEAUMONT 8/20/2019 < 0.01%UNIVERSAL HLTH S 8/01/2022 < 0.01%NORWEGIAN KRONE < 0.01%S FRWD CLP 5 9/17/2014 < 0.01%S FRWD GBP 8/21/2014 < 0.01%COMMONWEALTH REI < 0.01%BELIZE 2/20/2038 < 0.01%ENDO FINANCE LLC 12/15/2020 < 0.01%SUN MERGER SUB 8/01/2021 < 0.01%TENET HEALTHCARE 2/01/2020 < 0.01%US AIR 2013-1B 11/15/2021 < 0.01%Security% of PortfolioSINGAPORE DOLLAR < 0.01%HUDBAY MINERALS 10/01/2020 < 0.01%RUSSIAN ROUBLE < 0.01%OZBURN-HESSEY LOGISTICS 5/23/2019 < 0.01%NCR CORP 7/15/2022 < 0.01%MURPHY OIL USA 8/15/2023 < 0.01%S FRWD RUB 9/30/2014 < 0.01%DUPONT EI NEMOUR 2/15/2023 < 0.01%MCGRAW-HILL GLBL 4/01/2021 < 0.01%RESOLUTE FOREST 5/15/2023 < 0.01%S FRWD JPY 9/17/2014 < 0.01%UNIVERSAL HLTH S 8/01/2019 < 0.01%RETAIL PROPERTIE < 0.01%S FRWD RUB 9/17/2014 < 0.01%MALLINCKRODT INT 4/15/2018 < 0.01%S FRWD JPY 1 8/21/2014 < 0.01%SCIENTIFIC GAMES CORPORATIO 9/30/2020 < 0.01%S FRWD JPY 1 8/21/2014 < 0.01%JAPANESE YEN < 0.01%DOLE FOOD COMPANY 10/09/2020 < 0.01%DOLE FOOD COMPANY 10/09/2020 < 0.01%DOLE FOOD COMPANY 10/09/2020 < 0.01%DOLE FOOD COMPANY 10/09/2020 < 0.01%DOLE FOOD COMPANY 11/01/2018 < 0.01%DOLE FOOD COMPANY 10/09/2020 < 0.01%DOLE FOOD COMPANY 10/09/2020 < 0.01%VIDEOTRON LTD 7/15/2022 < 0.01%CANADIAN DOLLAR < 0.01%AMER INTL GROUP 5/15/2058 < 0.01%ALERIS INTL 2/15/2018 < 0.01%NAVIOS MARIT 11/15/2021 < 0.01%SCIENTIFIC GAMES CORPORATIO 10/18/2020 < 0.01%AUDATEX NORTH AM 11/01/2023 < 0.01%COMMSCOPE INC 6/15/2024 < 0.01%COMMSCOPE INC 6/15/2021 < 0.01%S FRWD CLP 5 9/17/2014 < 0.01%HOSPIRA INC 8/12/2020 < 0.01%S FRWD RUB 9/17/2014 < 0.01%PETROLEOS MEXICA 7/18/2018 < 0.01%UNIFRAX I LLC/UN 2/15/2019 < 0.01%SINCLAIR TELE 10/01/2022 < 0.01%ROYAL CARIBBEAN 10/15/2027 < 0.01%S FRWD BRC 9/30/2014 < 0.01%TWCC HOLDING CORP 2/13/2017 < 0.01%US TREASURY N/B 12/31/2017 < 0.01%REPUBLIC OF PERU 3/30/2019 < 0.01%L FRWD CND 8/21/2014 < 0.01%S FRWD MXP 9/17/2014 < 0.01%CLEAR CHANNEL 3/01/2021 < 0.01%DYNEGY INC < 0.01%WCI COMMUNITIE 8/15/2021 < 0.01%S FRWD CHF 8/21/2014 < 0.01%TOLL BR FIN CORP 11/01/2019 < 0.01%MEXICAN PESO < 0.01%AST Portfolio Holdings279 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioS FRWD TRL 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%S FRWD SGD 8/21/2014 < 0.01%S FRWD BRC 9/30/2014 < 0.01%L FRWD COP 1,9 9/17/2014 < 0.01%HUNGARIAN FORINT < 0.01%ROMANIA NEW LEI < 0.01%S FRWD GBP 8/21/2014 < 0.01%LENNAR CORP 6/01/2017 < 0.01%L FRWD ZAR 9/17/2014 < 0.01%S FRWD JPY 1 8/21/2014 < 0.01%S FRWD JPY 1 8/21/2014 < 0.01%ALBERTSON'S INC 6/01/2028 < 0.01%S FRWD JPY 1 8/21/2014 < 0.01%AMER INTL GROUP 6/01/2022 < 0.01%DOLE FOOD COMPANY 10/09/2020 < 0.01%SERVICE CORP 5/15/2024 < 0.01%S FRWD JPY 1 8/21/2014 < 0.01%US WEST CAP FDG 7/15/2028 < 0.01%BEV PCK HD LU/IN 6/15/2017 < 0.01%S FRWD RUB 9/30/2014 < 0.01%S FRWD MYR 9/17/2014 < 0.01%COMMERCIAL METAL 5/15/2023 < 0.01%S FRWD PLZ 9/17/2014 < 0.01%AES CORP 10/15/2017 < 0.01%S FRWD RUB 9/30/2014 < 0.01%L FRWD SGD 8/21/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%S FRWD SGD 9/17/2014 < 0.01%EMERALD PERFORMANCE MATERIA 7/15/2022 < 0.01%S FRWD JPY 1 8/21/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%S FRWD AUD 9/17/2014 < 0.01%ALLY FINANCIAL 9/10/2018 < 0.01%S FRWD AUD 9/17/2014 < 0.01%S FRWD AUD 9/17/2014 < 0.01%S FRWD JPY 9/17/2014 < 0.01%NIGERIA NAIRA < 0.01%SCIENTIFIC GAMES CORPORATIO 9/30/2020 < 0.01%S FRWD RUB 9/17/2014 < 0.01%ALBERTSON'S INC 5/01/2030 < 0.01%S FRWD EUR 8/21/2014 < 0.01%S FRWD EUR 8/21/2014 < 0.01%SCIENTIFIC GAMES CORPORATIO 10/18/2020 < 0.01%S FRWD RUB 9/17/2014 < 0.01%S FRWD PLZ 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%S FRWD AUD 9/17/2014 < 0.01%SCIENTIFIC GAMES CORPORATIO 10/18/2020 < 0.01%L FRWD GBP 8/21/2014 < 0.01%L FRWD HK 8/21/2014 < 0.01%L FRWD HK 8/21/2014 < 0.01%INDONESIAN RUPIAH < 0.01%Security% of PortfolioAUSTRALIAN DOLLAR < 0.01%DOLE FOOD COMPANY 10/09/2020 < 0.01%RAYONIER ADVANCED MATERIALS < 0.01%SWISS FRANC < 0.01%DYN-RSTR ESCROW 11/08/2099 < 0.01%ISRAELI SHEKEL < 0.01%DANISH KRONE < 0.01%TURKISH LIRA < 0.01%L SPOT HK 8/01/2014 < 0.01%S FRWD HK 8/21/2014 < 0.01%L SPOT EUR 8/01/2014 < 0.01%S FRWD HK 8/21/2014 < 0.01%L FRWD KOR 1,0 9/17/2014 < 0.01%L FRWD KOR 1,0 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%S FRWD CND 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%L FRWD MYR 9/17/2014 < 0.01%L FRWD SGD 9/17/2014 < 0.01%L FRWD PLZ 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L FRWD RUB 9/30/2014 < 0.01%L FRWD EUR 8/21/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%S FRWD GBP 8/21/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD JPY 1 8/21/2014 < 0.01%S FRWD COP 1,9 9/17/2014 < 0.01%S FRWD ZAR 9/17/2014 < 0.01%L FRWD JPY 1 8/21/2014 < 0.01%L FRWD GBP 8/21/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%S FRWD THB 9/17/2014 < 0.01%L FRWD PLZ 9/17/2014 < 0.01%KOREAN WON < 0.01%L FRWD EUR 8/21/2014 < 0.01%L FRWD CND 9/17/2014 < 0.01%L FRWD THB 9/17/2014 < 0.01%L FRWD TRL 9/17/2014 < 0.01%L FRWD AUD 9/17/2014 < 0.01%L FRWD IND 9/17/2014 < 0.01%L FRWD CHF 8/21/2014 < 0.01%L FRWD BRC 9/30/2014 < 0.01%L FRWD PLZ 9/17/2014 < 0.01%L FRWD MXP 9/17/2014 < 0.01%L FRWD EUR 8/21/2014 < 0.01%AST Portfolio Holdings280 of 635

AST J.P. Morgan Global Thematic Portfolio (continued)Security% of PortfolioS FRWD GBP 8/21/2014 < 0.01%L FRWD AUD 8/21/2014 < 0.01%L FRWD EUR 8/21/2014 < 0.01%L FRWD CLP 5 9/17/2014 < 0.01%L FRWD RUB 9/17/2014 < 0.01%L FRWD JPY 1 8/21/2014 < 0.01%L FRWD CLP 5 9/17/2014 < 0.01%L FRWD NOK 8/21/2014 < 0.01%L FRWD EUR 8/21/2014 < 0.01%S FRWD GBP 8/21/2014 < 0.01%L FRWD SEK 8/21/2014 < 0.01%SOUTH AFRICAN RAN -0.01%UK POUND STERLING -0.01%281 of 635AST Portfolio Holdings

AST J.P. Morgan International Equity PortfolioSecurity% of PortfolioROYAL DUTCH SHELL PLC-A SHS 3.07%HSBC HOLDINGS PLC 2.61%NOVARTIS AG-REG 2.16%ROCHE HOLDING AG-GENUSSCHEI 2.12%BG GROUP PLC 2.11%NESTLE SA-REG 2.05%TOYOTA MOTOR CORP 1.95%CHEUNG KONG HOLDINGS LTD 1.95%STANDARD CHARTERED PLC 1.85%SANOFI 1.70%SAP SE 1.66%VODAFONE GROUP PLC 1.63%BARCLAYS PLC 1.54%PRUDENTIAL PLC 1.47%UBS AG-REG 1.43%BRITISH AMERICAN TOBACCO PL 1.39%ANHEUSER-BUSCH INBEV NV 1.39%BHP BILLITON LTD 1.38%SUMITOMO MITSUI FINANCIAL G 1.35%BAYER AG-REG 1.34%WPP PLC 1.33%JAPAN TOBACCO INC 1.32%ZURICH INSURANCE GROUP AG 1.32%ALLIANZ SE-REG 1.31%SAMSUNG ELECTR-GDR REG S 1.29%GLENCORE PLC 1.29%HONDA MOTOR CO LTD 1.28%VOLKSWAGEN AG-PREF 1.26%ING GROEP NV-CVA 1.26%UNILEVER PLC 1.24%SMC CORP 1.22%TECHNIP SA 1.21%ACCOR SA 1.18%CREDIT SUISSE GROUP AG-REG 1.18%DAIKIN INDUSTRIES LTD 1.17%AXA SA 1.16%LVMH MOET HENNESSY LOUIS VU 1.14%BNP PARIBAS 1.12%MARKS & SPENCER GROUP PLC 1.12%ASTELLAS PHARMA INC 1.11%SCHNEIDER ELECTRIC SE 1.06%SANDS CHINA LTD 1.04%NOVO NORDISK A/S-B 1.03%RIO TINTO PLC 1.03%KERING 1.02%AKZO NOBEL 1.02%LAFARGE SA 1.01%KUBOTA CORP 0.99%MAKITA CORP 0.99%ASML HOLDING NV 0.98%EAST JAPAN RAILWAY CO 0.98%BURBERRY GROUP PLC 0.98%IMPERIAL TOBACCO GROUP PLC 0.96%BHP BILLITON PLC 0.95%Security% of PortfolioATLAS COPCO AB-A SHS 0.93%TEVA PHARMACEUTICAL-SP ADR 0.91%RIO TINTO LTD 0.88%FANUC CORP 0.87%ABB LTD-REG 0.86%KOMATSU LTD 0.85%HENKEL AG & CO KGAA VORZUG 0.83%SHIN-ETSU CHEMICAL CO LTD 0.83%FRESENIUS MEDICAL CARE AG & 0.80%CHINA OVERSEAS LAND & INVES 0.75%CIE FINANCIERE RICHEMON-REG 0.75%HOLCIM LTD-REG 0.75%TAIWAN SEMICONDUCTOR-SP ADR 0.73%ESSILOR INTERNATIONAL 0.72%LINDE AG 0.71%MITSUBISHI CORP 0.71%SUMITOMO CORP 0.70%HDFC BANK LTD-ADR 0.70%CNOOC LTD 0.69%HANG LUNG PROPERTIES LTD 0.67%MEGGITT PLC 0.66%PERNOD RICARD SA 0.66%NIDEC CORP 0.66%PING AN INSURANCE GROUP CO- 0.64%HYUNDAI MOBIS CO LTD 0.63%NITTO DENKO CORP 0.59%CANON INC 0.58%IMERYS SA 0.56%YAHOO JAPAN CORP 0.56%ASTRA INTERNATIONAL TBK PT 0.56%IND & COMM BK OF CHINA-H 0.54%CHINA CONSTRUCTION BANK-H 0.54%CENTRICA PLC 0.52%AGGREKO PLC 0.49%TULLOW OIL PLC 0.47%WYNN MACAU LTD 0.35%SGS SA-REG 0.33%PRUDENTIAL CORE INVESTMENT 0.30%SWEDISH KRONA 0.02%S SPOT EUR 8/01/2014 < 0.01%NORTEL NETWORKS CORP < 0.01%AST Portfolio Holdings282 of 635

AST J.P. Morgan Strategic Opportunities PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 7.95%XMU4 AUST 10YR FUT OPT C 9/17/2014 5.72%TYU4S US 10YR NOTE (CBT) 10/05/2014 4.96%FVU4 US 5YR NOTE (CBT) 10/08/2014 2.95%EDH6S 90DAY EURO$ FUTR 3/19/2016 1.80%Z U4S FTSE 100 FUTURE 9/24/2014 1.25%EDZ7 90DAY EURO$ FUTR 12/23/2017 1.22%ESU4 S&P 500 EMINI FUT 9/24/2014 1.11%FVU4S US 5YR NOTE (CBT) 10/08/2014 0.94%EDZ5S 90DAY EURO$ FUTR 12/19/2015 0.91%EDZ8S 90DAY EURO$ FUTR 12/22/2018 0.81%G U4 LONG GILT FUTURE 10/05/2014 0.79%PTU4 S&P/TSX 60 IX FUT 9/24/2014 0.79%VGU4 EURO STOXX 50 9/23/2014 0.67%USU4 US LONG BOND (CBT) 10/05/2014 0.65%STRIPS 2/15/2021 0.64%MESU4S MINI MSCI EMG MKT 9/24/2014 0.63%EDM6S 90DAY EURO$ FUTR 6/18/2016 0.63%WELLS FARGO & CO 0.58%EDH8 90DAY EURO$ FUTR 3/24/2018 0.54%US TREASURY N/B 2/28/2017 0.52%EDM8 90DAY EURO$ FUTR 6/23/2018 0.51%TUU4 US 2YR NOTE (CBT) 10/08/2014 0.49%VGU4S EURO STOXX 50 9/24/2014 0.48%US TREASURY N/B 1/31/2015 0.46%JOHNSON & JOHNSON 0.46%APPLE INC 0.45%HIQ4S HANG SENG IDX FUT 9/04/2014 0.44%STRIPS 8/15/2016 0.38%GOOGLE INC-CL C 0.37%IKU4 EURO-BTP FUTURE 9/15/2014 0.37%TIME WARNER INC 0.37%ROYAL DUTCH SHELL PLC-A SHS 0.34%UNITEDHEALTH GROUP INC 0.33%MICROSOFT CORP 0.33%SCHLUMBERGER LTD 0.32%FRANCE O.A.T. 5/25/2018 0.31%GILEAD SCIENCES INC 0.31%US TREASURY N/B 8/15/2022 0.30%EXXON MOBIL CORP 0.30%ROCHE HOLDING AG-GENUSSCHEI 0.29%US TREASURY N/B 1% 6/30/2019 0.29%BANK OF AMERICA CORP 0.28%PORTUGUESE OT'S 6/15/2018 0.28%NOVARTIS AG-REG 0.28%US TREASURY N/B 8/15/2020 0.27%SPANISH GOV'T 1/31/2018 0.26%STRIPS 2/15/2023 0.26%BTPS 12/01/2018 0.25%WNU4S US ULTRA BOND(CBT) 10/05/2014 0.25%HOME DEPOT INC 0.25%HONEYWELL INTERNATIONAL INC 0.25%STRIPS 8/15/2019 0.24%STRIPS 2/15/2020 0.24%Security% of PortfolioSTRIPS 11/15/2019 0.23%STRIPS 5/15/2020 0.23%VERIZON COMMUNICATIONS INC 0.23%BUNDESOBL-166 4/13/2018 0.23%PRICELINE GROUP INC/THE 0.21%BIOGEN IDEC INC 0.21%CITIGROUP INC 0.21%GENERAL MOTORS CO 0.21%PROCTER & GAMBLE CO/THE 0.21%LAM RESEARCH CORP 0.21%STRIPS 8/15/2018 0.21%QUALCOMM INC 0.20%CVS CAREMARK CORP 0.20%ACE LTD 0.20%EDU5S 90DAY EURO$ FUTR 9/19/2015 0.20%AVAGO TECHNOLOGIES LTD 0.19%UNITED TECHNOLOGIES CORP 0.19%METLIFE INC 0.19%NHU4S YEN DENOM NIKKEI 9/16/2014 0.18%AETNA INC 0.18%US TREASURY N/B 5/15/2021 0.18%TPU4S TOPIX INDX FUTR 9/17/2014 0.18%CHEVRON CORP 0.17%DELTA AIR LINES INC 0.17%PFIZER INC 0.17%MERCK & CO. INC. 0.17%SHIRE PLC 0.17%MARSH & MCLENNAN COS 0.16%L H5S 90DAY STERLING FUT 3/23/2015 0.16%KLA-TENCOR CORPORATION 0.16%GOOGLE INC-CL A 0.16%FINNISH GOV'T 7/04/2028 0.16%FACEBOOK INC-A 0.16%BAYER AG-REG 0.16%PRUDENTIAL PLC 0.15%BG GROUP PLC 0.15%COMCAST CORP-CLASS A 0.15%DEUTSCHLAND REP 7/04/2018 0.15%ZURICH INSURANCE GROUP AG 0.15%CELGENE CORP 0.15%STRIPS 8/15/2020 0.15%ESU4S S&P 500 EMINI FUT 9/24/2014 0.14%OCCIDENTAL PETROLEUM CORP 0.14%VODAFONE GROUP PLC 0.14%EDM5S 90DAY EURO$ FUTR 6/20/2015 0.14%BRITISH AMERICAN TOBACCO PL 0.14%CISCO SYSTEMS INC 0.14%NESTLE SA-REG 0.14%PHILLIPS 66 0.14%RIO TINTO PLC 0.14%HCA HOLDINGS INC 0.14%SAP SE 0.14%SANOFI 0.14%EDH5S 90DAY EURO$ FUTR 3/21/2015 0.13%AST Portfolio Holdings283 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioJAPAN TOBACCO INC 0.13%FORD MOTOR CRED 6/12/2017 0.13%TREASURY 7/22/2018 0.13%CAPITAL ONE FINANCIAL CORP 0.13%STRIPS 8/15/2017 0.12%MORGAN STANLEY 0.12%STRIPS 11/15/2017 0.12%STRIPS 2/15/2018 0.12%FRANCE O.A.T. 10/25/2016 0.12%AMAZON.COM INC 0.12%FLUOR CORP 0.12%KDDI CORP 0.12%CIGNA CORP 0.12%ADOBE SYSTEMS INC 0.12%RTAU4 RUSSELL 2000 MINI 9/19/2014 0.12%BRISTOL-MYERS SQUIBB CO 0.12%TENN VALLEY AUTH 4/01/2036 0.12%DISH NETWORK CORP-A 0.11%US TREASURY N/B 11/15/2017 0.11%MYLAN INC 0.11%SUMITOMO MITSUI FINANCIAL G 0.11%MACY'S INC 0.11%GOVERNMENT NATIONAL MORTGAG 8/15/2036 0.11%UBS AG-REG 0.11%SCHNEIDER ELECTRIC SE 0.11%MASTERCARD INC-CLASS A 0.11%ALCOA INC 0.11%HSBC HOLDINGS PLC 0.11%SWISS RE AG 0.11%US TREASURY N/B 11/15/2015 0.11%DAIKIN INDUSTRIES LTD 0.11%STRIPS 2/15/2029 0.11%BP PLC 0.10%GDF SUEZ 0.10%BNP PARIBAS 0.10%HSBC HOLDINGS PLC 0.10%COCA-COLA CO/THE 0.10%TOTAL SA 0.10%CARLISLE COS INC 0.10%HEWLETT-PACKARD CO 0.10%NEXTERA ENERGY INC 0.10%HENKEL AG & CO KGAA VORZUG 0.10%LOEWS CORP 0.10%ACTAVIS PLC 0.10%STRYKER CORP 0.10%CIE FINANCIERE RICHEMON-REG 0.09%ALLIANCE DATA SYSTEMS CORP 0.09%VISA INC-CLASS A SHARES 0.09%VERTEX PHARMACEUTICALS INC 0.09%AXA SA 0.09%UNITED CONTINENTAL HOLDINGS 0.09%CANADIAN PACIFIC RAILWAY LT 0.09%ASML HOLDING NV 0.09%NIPPON TELEGRAPH & TELEPHON 0.09%Security% of PortfolioNOVO NORDISK A/S-B 0.09%MCKESSON CORP 0.09%HUMANA INC 0.09%UNION PACIFIC CORP 0.09%EDZ6S 90DAY EURO$ FUTR 12/25/2016 0.09%ING GROEP NV-CVA 0.09%MITSUBISHI UFJ FINANCIAL GR 0.09%KOHLS CORP 0.09%BROADCOM CORP-CL A 0.09%FANNIE MAE 6/25/2033 0.09%PPG INDUSTRIES INC 0.09%FORTUNE BRANDS HOME & SECUR 0.08%GAP INC/THE 0.08%AMERIPRISE FINANCIAL INC 0.08%EDU6S 90DAY EURO$ FUTR 9/24/2016 0.08%ASTRAZENECA PLC 0.08%COGNIZANT TECH SOLUTIONS-A 0.08%AIU4S FTSE/JSE TOP 40 9/23/2014 0.08%ALEXION PHARMACEUTICALS INC 0.08%EATON CORP PLC 0.08%AUST AND NZ BANKING GROUP 0.08%MORGAN STANLEY 12/29/2049 0.08%HARTFORD FINANCIAL SVCS GRP 0.08%AFFILIATED MANAGERS GROUP 0.08%CHINA OVERSEAS LAND & INVES 0.08%WELLS FARGO CO 3/15/2033 0.08%DIRECTV 0.08%STARBUCKS CORP 0.08%ACCENTURE PLC-CL A 0.08%PHILIP MORRIS INTERNATIONAL 0.08%DOW CHEMICAL CO/THE 0.08%SANDS CHINA LTD 0.08%SABMILLER PLC 0.08%FANNIE MAE 8/01/2043 0.08%MARINE HARVEST 0.08%CSX CORP 0.08%TOYOTA MOTOR CORP 0.08%GLAXOSMITHKLINE PLC 0.07%FANNIE MAE 3/01/2024 0.07%BEST BUY CO INC 0.07%CHEUNG KONG HOLDINGS LTD 0.07%DEUTSCHE TEL FIN 3/06/2017 0.07%ILLUMINA INC 0.07%FREDDIE MAC 12/01/2042 0.07%ACUITY BRANDS INC 0.07%FTSE 100 INDEX FUT SEPT 14 9/24/2014 0.07%SAMSUNG ELECTRONICS CO LTD 0.07%FLOWSERVE CORP 0.07%ENI SPA 0.07%BHP BILLITON LTD 0.07%STANDARD CHARTERED PLC 0.07%FANNIE MAE 6/01/2019 0.07%GEN ELEC CAP CRP 9/16/2020 0.07%BANK OF AMER CRP 1/11/2023 0.07%AST Portfolio Holdings284 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioMONDELEZ INTERNATIONAL INC- 0.07%ALTRIA GROUP INC 8/09/2022 0.07%BANK OF AMER CRP 12/29/2049 0.07%FANNIE MAE 1/01/2024 0.07%DR PEPPER SNAPPLE GROUP INC 0.07%HLSS SERVICER ADVANCE RECEI 5/16/2044 0.07%AMERICAN INTERNATIONAL GROU 0.07%VALEANT PHARMACEUTICALS 0.07%KROGER CO 0.07%BRIDGESTONE CORP 0.07%INVESCO LTD 0.07%FANNIEMAE STRIP 11/25/2042 0.07%DANSKE BANK A/S 0.07%FANNIE MAE 6/01/2043 0.07%PACCAR INC 0.07%CBRE GROUP INC - A 0.07%DEVON ENERGY CORPORATION 0.07%PACIFICORP 2/01/2022 0.07%AT&T INC 12/15/2042 0.07%FANNIE MAE 11/01/2023 0.06%MICHAEL KORS HOLDINGS LTD 0.06%EMERSON ELECTRIC CO 0.06%FANNIE MAE 2/01/2020 0.06%FREEPORT-MCMORAN INC 0.06%SODEXO 0.06%TRW AUTOMOTIVE HOLDINGS COR 0.06%STRIPS 2/15/2030 0.06%ELECTRONIC ARTS INC 0.06%BARCLAYS PLC 0.06%INTERCONTINENTAL HOTELS GRO 0.06%EXPEDIA INC 0.06%WELLS FARGO MORTGAGE BACKED 3/25/2035 0.06%GOLDMAN SACHS GP 2/15/2019 0.06%FREDDIE MAC 10/01/2042 0.06%STRIPS 2/15/2022 0.06%LAZARD LTD-CL A 0.06%NEXT PLC 0.06%FANNIEMAE WHOLE LOAN 5/25/2044 0.06%DAIMLER AG-REGISTERED SHARE 0.06%TWENTY-FIRST CENTURY FOX - 0.06%BOSTON SCIENTIFIC CORP 0.06%PALL CORP 0.06%BRITISH LND JER 9/10/2017 0.06%TWENTY-FIRST CENTURY FOX-A 0.06%FANNIE MAE 6/01/2043 0.06%STRIPS 5/15/2023 0.06%FANNIE MAE 9/25/2038 0.06%LOWE'S COS INC 0.06%SKANDINAV ENSKIL 3/19/2018 0.06%ARCHER-DANIELS-MIDLAND CO 0.06%INTERCONTINENTAL EXCHANGE I 0.06%DISCOVER BANK 2/21/2018 0.06%LEGG MASON INC 0.06%SUNCOR INC 6/01/2018 0.06%Security% of PortfolioTJX COMPANIES INC 0.06%MERCEDES-BENZ AUTO LEASE TR 2/15/2016 0.06%FANNIE MAE 12/01/2022 0.06%FIRST QUANTUM MINERALS LTD 0.06%GOVERNMENT NATIONAL MORTGAG 4/20/2037 0.06%FANNIE MAE 7/01/2042 0.06%AMERICA MOVIL SA 7/16/2022 0.06%CONOCOPHILLIPS 1/15/2020 0.06%ORIX CORP 0.06%UNITED STATES STEEL CORP 0.06%ALLY FINANCIAL INC 0.06%FREDDIE MAC 5/15/2040 0.06%AGILENT TECHNOLOGIES INC 0.06%VERIZON COMM INC 9/15/2043 0.06%GEN ELEC CAP CRP 8/07/2019 0.06%ALLIANZ SE-REG 0.06%ORACLE CORP 0.06%FANNIE MAE 10/01/2022 0.06%STATE STREET CORP 0.06%REGENERON PHARMACEUTICALS 0.06%DAIWA HOUSE INDUSTRY CO LTD 0.06%SMC CORP 0.06%US BANCORP 0.05%FANNIE MAE 12/01/2022 0.05%EDISON INTERNATIONAL 0.05%RFCSP STRIP PRIN 7/15/2020 0.05%SOLVAY SA 0.05%FANNIE MAE 10/01/2032 0.05%FANNIE MAE 1/01/2043 0.05%KIRBY CORP 0.05%SEMPRA ENERGY 0.05%GOLDMAN SACHS GP 5/10/2019 0.05%ING US INC 2/15/2018 0.05%GSR MORTGAGE LOAN TRUST 9/25/2035 0.05%MOODY'S CORP 0.05%EQUIFAX INC 0.05%WOLSELEY PLC 0.05%HONDA MOTOR CO LTD 0.05%FANNIE MAE 4/01/2020 0.05%SUNTRUST BANKS INC 0.05%ANHEUSER-BUSCH INBEV NV 0.05%FANNIE MAE 6/01/2020 0.05%GOLDMAN SACHS GP 1/22/2023 0.05%HD SUPPLY HOLDINGS INC 0.05%CAPITAL ONE BANK 2/15/2023 0.05%STRIPS 11/15/2027 0.05%AIR LIQUIDE SA 0.05%SWEDBANK AB 9/29/2017 0.05%TOYOTA MTR CRED 9/15/2016 0.05%TD AMERITRADE HOLDING CORP 0.05%PUBLICIS GROUPE 0.05%BB-UBS TRUST 6/05/2030 0.05%GOVERNMENT NATIONAL MORTGAG 7/20/2033 0.05%GOLDMAN SACHS GROUP INC 0.05%AST Portfolio Holdings285 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioINTL BUSINESS MACHINES CORP 0.05%GOVERNMENT NATIONAL MORTGAG 5/20/2041 0.05%PNC FINANCIAL SERVICES GROU 0.05%OLD DOMINION FREIGHT LINE 0.05%FANNIE MAE 4/01/2022 0.05%YAHOO! INC 0.05%FREDDIE MAC 3/01/2033 0.05%VOLKSWAGEN AG-PREF 0.05%FANNIE MAE 3/01/2023 0.05%FREDDIE MAC 9/01/2032 0.05%ORACLE CORP 10/15/2022 0.05%WPP PLC 0.05%STRIPS 5/15/2031 0.05%FANNIE MAE 5/01/2023 0.05%WESTERN DIGITAL CORP 0.05%STRIPS 11/15/2028 0.05%FREDDIE MAC 4/01/2033 0.05%MARATHON OIL CORP 0.05%VERIZON COMM INC 11/01/2042 0.05%VALEO SA 0.05%FANNIE MAE 6/01/2043 0.05%FANNIE MAE 7/01/2043 0.05%N-STAR REAL ESTATE CDO LTD 8/25/2029 0.05%FNMA 2.33% 1/01/2023 0.05%GLENCORE PLC 0.05%BED BATH & BEYOND INC 0.05%FANNIE MAE 7/01/2020 0.05%APPLIED MATERIALS INC 0.05%HITACHI LTD 0.05%WILLIAMS-SONOMA INC 0.05%GOVERNMENT NATIONAL MORTGAG 6/20/2037 0.05%FANNIE MAE 8/01/2021 0.05%DISCOVER FINANCIAL SERVICES 0.05%RENAULT SA 0.05%GS MORTGAGE SECURITIES TRUS 8/10/2044 0.05%STRIPS 11/15/2029 0.05%KEYENCE CORP 0.05%T ROWE PRICE GROUP INC 0.05%FREDDIE MAC 2/01/2033 0.05%AUTOZONE INC 0.05%GCCFC COMMERCIAL MORTGAGE T 7/10/2038 0.05%HCP INC 2/01/2019 0.05%TECHNIP SA 0.05%ASTELLAS PHARMA INC 0.05%FANNIE MAE 5/01/2043 0.05%BAA FUNDING LTD 6/25/2015 0.05%MOHAWK INDUSTRIES INC 0.05%FANNIEMAE WHOLE LOAN 6/25/2043 0.05%FANNIE MAE-ACES 4/25/2023 0.05%FANNIE MAE 12/01/2021 0.05%CREDIT SUISSE GROUP AG-REG 0.05%SVENSKA HNDLSBKN 1/25/2019 0.05%BANK OF AMER CRP 1/11/2018 0.05%FANNIEMAE WHOLE LOAN 10/25/2042 0.05%Security% of PortfolioSHERWIN-WILLIAMS CO/THE 0.05%FREDDIE MAC 1/15/2033 0.05%MARTIN MARIETTA MATERIALS 0.05%FANNIE MAE 9/01/2042 0.05%FANNIE MAE 12/01/2022 0.05%FANNIE MAE 6/01/2018 0.05%UNILEVER PLC 0.05%AMER INTL GROUP 8/15/2020 0.05%A10 SECURITIZATION 11/15/2027 0.05%ENN ENERGY HOLDINGS LTD 0.05%TESLA MOTORS INC 0.05%FANNIE MAE 11/01/2032 0.05%CONCHO RESOURCES INC 0.05%YAMATO HOLDINGS CO LTD 0.05%ARES CAPITAL COR 1/15/2019 0.05%BT GROUP PLC 0.05%FANNIE MAE 5/01/2020 0.05%MERRILL LYNCH 8/28/2017 0.05%FREDDIE MAC 6/15/2023 0.05%FANNIE MAE 6/25/2042 0.05%TRAVELERS COS INC/THE 0.05%DENTSU INC 0.05%FANNIE MAE 10/25/2037 0.04%FANNIE MAE 6/25/2041 0.04%ACADIA HEALTHCARE CO INC 0.04%FANNIE MAE 3/01/2033 0.04%ANHEUSER-BUSCH 1/15/2020 0.04%BRITISH TEL PLC 6/22/2015 0.04%FANNIE MAE 10/01/2042 0.04%BPCE 10/22/2023 0.04%VERIZON COMM INC 9/15/2033 0.04%HYUNDAI AUTO RECEIVABLES TR 7/17/2017 0.04%AES CORP 0.04%GOLDMAN SACHS GP 1/22/2018 0.04%FANNIE MAE 4/01/2019 0.04%BARCLAYS BK PLC 12/04/2017 0.04%FANNIE MAE 3/01/2043 0.04%DUKE ENERGY CORP 9/15/2019 0.04%LAS VEGAS SANDS CORP 0.04%FREDDIE MAC 3/15/2037 0.04%FANNIE MAE 7/01/2032 0.04%NORTHROP GRUMMAN CORP 0.04%WATSCO INC 0.04%STRUCTURED ADJUSTABLE RATE 7/25/2034 0.04%LVMH MOET HENNESSY LOUIS VU 0.04%AMERICAN ELECTRIC POWER 0.04%HARLEY-DAVIDSON INC 0.04%APPLE INC 5/04/2043 0.04%JAPAN AIRLINES CO LTD 0.04%EXELON CORP 0.04%FANNIE MAE 11/25/2035 0.04%HSBC BANK PLC 8/12/2020 0.04%UBS COMMERCIAL MORTGAGE TRU 5/10/2045 0.04%VERICREST OPPORTUNITY LOAN 4/25/2055 0.04%AST Portfolio Holdings286 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioFANNIE MAE 6/01/2017 0.04%CAMDEN PROP TRST 5/15/2017 0.04%ACCOR SA 0.04%GOVERNMENT NATIONAL MORTGAG 11/16/2032 0.04%FANNIE MAE 12/25/2032 0.04%TOTAL CAPITAL 1/28/2021 0.04%FANNIE MAE 12/01/2036 0.04%FREDDIEMAC STRIP 9/15/2042 0.04%GOVERNMENT NATIONAL MORTGAG 3/16/2034 0.04%MORGAN STANLEY 4/01/2018 0.04%MONSANTO CO 0.04%EAST JAPAN RAILWAY CO 0.04%TULLOW OIL PLC 0.04%KONINKLIJKE KPN NV 0.04%KERING 0.04%LB-UBS COMMERCIAL MORTGAGE 2/15/2040 0.04%WACHOVIA CORP 2/01/2018 0.04%MARKS & SPENCER GROUP PLC 0.04%SOUTHWESTERN ENERGY CO 0.04%FANNIE MAE 10/01/2039 0.04%GOVERNMENT NATIONAL MORTGAG 2/20/2063 0.04%HSBC HOLDINGS 4/05/2021 0.04%GOVERNMENT NATIONAL MORTGAG 12/20/2062 0.04%GEN ELEC CAP CRP 12/15/2033 0.04%KUBOTA CORP 0.04%CONSTELLATION BRANDS INC-A 0.04%EAST WEST BANCORP INC 0.04%UGI CORP 0.04%FANNIEMAE-ACES 6/25/2021 0.04%FANNIE MAE 12/01/2022 0.04%FREDDIE MAC 7/15/2036 0.04%PLAINS ALL AMER 1/15/2020 0.04%BALL CORP 0.04%FANNIE MAE 1/01/2018 0.04%FREDDIE MAC 4/15/2040 0.04%BB&T CORP 0.04%FREDDIE MAC 3/15/2030 0.04%HILTON WORLDWIDE HOLDINGS I 0.04%GOVERNMENT NATIONAL MORTGAG 2/20/2062 0.04%OMNICOM GROUP 0.04%CONTINENTAL AG 0.04%BANK OF AMER CRP 7/12/2016 0.04%STATOIL ASA 0.04%NORDEA BANK AB 0.04%LULULEMON ATHLETICA INC 0.04%ELECTROLUX AB-SER B 0.04%BP CAPITAL PLC 5/06/2022 0.04%FREDDIE MAC 3/15/2034 0.04%FANNIEMAE-ACES 12/25/2019 0.04%CD COMMERCIAL MORTGAGE TRUS 7/15/2044 0.04%FREDDIE MAC 5/15/2041 0.04%IMPERIAL TOBACCO GROUP PLC 0.04%PALO ALTO NETWORKS INC 0.04%DBRR TRUST 2/25/2045 0.04%Security% of PortfolioSHIN-ETSU CHEMICAL CO LTD 0.04%FANNIE MAE 10/01/2020 0.04%WEYERHAEUSER CO 0.04%GEN ELEC CAP CRP 1/14/2038 0.04%FANNIE MAE 7/01/2017 0.04%PUGET SOUND ENRG 6/01/2067 0.04%DOMINION RES 3/15/2021 0.04%BURBERRY GROUP PLC 0.04%INTESA SANPAOLO 1/12/2024 0.04%WAL-MART STORES 10/25/2040 0.04%AKZO NOBEL 0.04%YUM! BRANDS INC 0.04%GLAXOSMITHKLINE 5/08/2022 0.04%FANNIE MAE 8/25/2039 0.04%XCEL ENERGY INC 5/15/2020 0.04%ALLY AUTO RECEIVABLES TRUST 1/17/2017 0.04%MORGAN STANLEY 4/27/2017 0.04%STRUCTURED ASSET MORTGAGE I 3/19/2034 0.04%CONSOL ENERGY INC 0.04%AMER INTL GROUP 12/15/2020 0.04%SEMPRA ENERGY 10/01/2022 0.04%NORSK HYDRO ASA 0.04%WABCO HOLDINGS INC 0.04%FANNIE MAE 1/25/2042 0.04%FNDUS 3.69 25 11/01/2023 0.04%SIGNATURE BANK 0.04%MITSUI FUDOSAN CO LTD 0.04%MORGAN STANLEY CAPITAL I TR 12/15/2043 0.04%FANNIE MAE 5/01/2023 0.04%KINGFISHER PLC 0.04%ABBVIE INC 11/06/2017 0.04%FANNIE MAE 2/25/2040 0.04%FANNIE MAE-ACES 2.28 1/25/2023 0.04%CPS AUTO TRUST 4/16/2018 0.04%FANNIE MAE 2/25/2043 0.04%HANESBRANDS INC 0.04%AIR LEASE CORP 1/15/2019 0.04%FREDDIE MAC 2/01/2026 0.04%FANNIE MAE 1/01/2019 0.04%MAKITA CORP 0.04%RIO TINTO FINANC 8/21/2022 0.04%CAREFUSION CORP 0.04%EOG RESOURCES INC 0.04%FICO STRIP PRN16 4/05/2019 0.04%CITIGROUP INC 11/21/2017 0.04%ROCK TENN COMPANY -CL A 0.04%ENERGIZER HOLDINGS INC 0.04%MORGAN STANLEY CAPITAL I TR 12/15/2043 0.03%CITRIX SYSTEMS INC 0.03%GEN ELEC CAP CRP 9/15/2017 0.03%UNUM GROUP 0.03%KOMATSU LTD 0.03%BANQ FED CRD MUT 1/22/2019 0.03%TEVA PHARMACEUTICAL-SP ADR 0.03%AST Portfolio Holdings287 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioDEALERTRACK TECHNOLOGIES IN 0.03%COBALT CMBS COMMERCIAL MORT 8/15/2048 0.03%FREESCALE SEMICONDUCTOR LTD 0.03%CIENA CORP 0.03%AXIALL CORP 0.03%US TREASURY N/B 2/15/2036 0.03%NBCUNIVERSAL ENT 4/15/2018 0.03%FORD CREDIT AUTO OWNER TRUS 12/15/2017 0.03%HSBC USA INC 6/23/2024 0.03%AMPHENOL CORP-CL A 0.03%ABB LTD-REG 0.03%FANNIEMAE-ACES 12/25/2019 0.03%FNA 2011-M2 A2 CMT 3.71 7/25/2021 0.03%DMG MORI SEIKI CO LTD 0.03%FREDDIE MAC 11/15/2034 0.03%BANK OF AMER CRP 3/22/2017 0.03%FREDDIE MAC 12/01/2024 0.03%LAFARGE SA 0.03%WORKDAY INC-CLASS A 0.03%CHARTER COMMUNICATION-A 0.03%GILEAD SCIENCES 4/01/2021 0.03%VENTAS REALTY LP 3/01/2022 0.03%COMPUTER SCIENCES CORP 0.03%KINDER MORGAN INC 0.03%BANC OF AMERICA COMMERCIAL 9/10/2047 0.03%FANNIEMAE WHOLE LOAN 7/25/2044 0.03%FREDDIE MAC 11/15/2038 0.03%COSTCO WHOLESALE CORP 0.03%WESTFIELD CORP 0.03%M & T BANK CORP 0.03%ENTERGY CORP 0.03%SERVICENOW INC 0.03%DCP MIDSTREAM OP 3/15/2023 0.03%ROYAL BK CANADA 7/27/2018 0.03%FORD MOTOR CRED 5/09/2016 0.03%FANNIE MAE 3/01/2022 0.03%NOMURA HOLDINGS INC 0.03%BANK OF MONTREAL 1/25/2019 0.03%FREDDIE MAC 11/15/2027 0.03%AT&T INC 11/27/2018 0.03%AUST & NZ BANK 3/19/2024 0.03%ANTERO RESOURCES CORP 0.03%FORD MOTOR CRED 2/03/2017 0.03%UNILEVER NV-CVA 0.03%BURLINGTON NORTH 5/01/2040 0.03%S FRWD EUR 9/10/2014 0.03%FREDDIE MAC 5/15/2021 0.03%BERKELEY GROUP HOLDINGS 0.03%UNION BANK NA 9/26/2018 0.03%MOSAIC CO/THE 0.03%EXPRESS SCRIPTS 11/15/2021 0.03%WELLS FARGO CO 11/02/2043 0.03%FANNIE MAE 10/01/2020 0.03%STRIPS 11/15/2026 0.03%Security% of PortfolioIBM CORP 8/01/2022 0.03%PBF ENERGY INC-CLASS A 0.03%BAKER HUGHES INC 0.03%ATLAS COPCO AB-A SHS 0.03%FREDDIE MAC 4/15/2023 0.03%ANADARKO PETRO 9/15/2016 0.03%FANNIE MAE 3/01/2034 0.03%HARMAN INTERNATIONAL 0.03%MASTR ASSET SECURITIZATION 12/25/2033 0.03%SWEDBANK AB 3/12/2018 0.03%FRESENIUS MEDICAL CARE AG & 0.03%DOMINION RESOURCES INC/VA 0.03%ENTERPRISE PRODU 6/01/2015 0.03%RIO TINTO LTD 0.03%FIFTH THIRD BANCORP 0.03%PERSIMMON PLC 0.03%GOLDMAN SACHS GP 7/19/2018 0.03%CITIGROUP INC 6/09/2016 0.03%VERIZON COMM INC 9/15/2016 0.03%FIDELITY NATIONAL INFORMATI 0.03%PP&L CAPITAL FDG 3/30/2067 0.03%CISCO SYSTEMS 1/15/2040 0.03%MORGAN STANLEY 2/25/2023 0.03%FANUC CORP 0.03%VALERO ENERGY CORP 0.03%LG&E & KU ENERGY 11/15/2015 0.03%GOVERNMENT NATIONAL MORTGAG 12/20/2040 0.03%SAMSUNG ELEC AM 4/10/2017 0.03%PROGRESS ENERGY 4/01/2022 0.03%JP MORGAN CHASE COMMERCIAL 5/12/2045 0.03%DRIL-QUIP INC 0.03%TIME WARNER INC 3/15/2040 0.03%SUMITOMO ELECTRIC INDUSTRIE 0.03%SEVEN & I HOLDINGS CO LTD 0.03%BANK OF NY MELLO 6/20/2023 0.03%KAWASAKI HEAVY INDUSTRIES 0.03%CITIGROUP INC 5/29/2049 0.03%ROYAL DUTCH SHELL PLC-A SHS 0.03%CITIGROUP INC 9/26/2018 0.03%NOBLE ENERGY INC 11/15/2043 0.03%ADVANCE AUTO PARTS INC 0.03%ENBRIDGE INC 10/01/2023 0.03%AECOM TECHNOLOGY CORP 0.03%ROVI CORP 0.03%CITIGROUP INC 3/01/2023 0.03%VERIZON COMM INC 9/15/2023 0.03%MITSUBISHI ESTATE CO LTD 0.03%MORGAN STANLEY 5/13/2019 0.03%HOLCIM LTD-REG 0.03%BANC OF AMERICA COMMERCIAL 7/10/2044 0.03%FLAGSHIP CREDIT AUTO TRUST 1/15/2019 0.03%ROYAL CARIBBEAN CRUISES LTD 0.03%AMAZON.COM INC 11/29/2022 0.03%ACTIVISION BLIZZARD INC 0.03%AST Portfolio Holdings288 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioPEPSICO INC 0.03%ILLINOIS TOOL WORKS 0.03%SPRINGLEAF MORTGAGE LOAN TR 12/25/2065 0.03%COMPAGNIE DE SAINT-GOBAIN 0.03%BROOKFIELD ASSET MANAGE-CL 0.03%ESSILOR INTERNATIONAL 0.03%BORGWARNER INC 0.03%TYSON FOODS INC-CL A 0.03%CREDIT AGRICOLE 4/15/2024 0.03%PNC BANK NA 11/01/2022 0.03%RAYONIER INC 0.03%GOODMAN GROUP 0.03%HLSS SERVICER ADVANCE RECEI 8/15/2044 0.03%LINDE AG 0.03%FANNIE MAE 11/25/2035 0.03%PROSPECT CAPITAL 1/15/2019 0.03%SPRINGLEAF MORTGAGE LOAN TR 12/25/2065 0.03%DDR CORP 1/15/2021 0.03%FANNIE MAE 3/25/2036 0.03%BHP FINANCE USA 9/30/2043 0.03%HDFC BANK LTD-ADR 0.03%WESTERN UNION CO 0.03%ARES CAPITAL COR 1/15/2018 0.03%FREDDIE MAC 6/15/2018 0.03%CNOOC LTD 0.03%DUKE ENERGY CORP 8/15/2022 0.03%SUEZ ENVIRONNEMENT CO 0.03%SUMITOMO CORP 0.03%LYONDELLBASELL 4/15/2019 0.03%HSBC HOLDINGS 3/30/2022 0.03%FREDDIE MAC 1/15/2038 0.03%KROGER CO/THE 8/01/2023 0.03%POST HOLDINGS INC 0.03%GANNETT CO 0.03%TRULIA INC 0.03%WELLS FARGO CO 7/01/2015 0.03%ENTERPRISE PRODU 9/01/2020 0.03%MITSUBISHI CORP 0.03%FANNIE MAE 6/01/2023 0.03%TORONTO DOM BANK 4/30/2018 0.03%DOVER CORP 0.03%FREDDIE MAC 6/15/2037 0.03%CANADA DOLLAR 0.03%FANNIEMAE WHOLE LOAN 12/25/2049 0.03%DNB BANK 4/03/2017 0.03%ABBVIE INC 11/06/2022 0.03%STRIPS 11/15/2032 0.03%VNO MORTGAGE TRUST 11/15/2030 0.03%CAN NATURAL RES 5/15/2017 0.03%GOVERNMENT NATIONAL MORTGAG 4/20/2033 0.03%EAGLE MATERIALS INC 0.03%CDP FINANCIAL 11/25/2019 0.03%WELLS FARGO CO 3/08/2022 0.03%SCHWAB (CHARLES) CORP 0.03%Security% of PortfolioMICRON TECHNOLOGY INC 0.03%FANNIEMAE GRANTOR TRUST 12/25/2041 0.03%HANG LUNG PROPERTIES LTD 0.03%RUSH ENTERPRISES INC-CL A 0.03%LG CHEM LTD 0.03%NATL AUSTR BK LT 1/20/2023 0.03%TOYOTA MTR CRED 10/24/2018 0.03%INGERSOLL-RAND PLC 0.03%FHMS FRN 25 1/25/2019 0.03%NITTO DENKO CORP 0.03%HYUNDAI MOBIS CO LTD 0.03%NBCUNIVERSAL MED 1/15/2043 0.03%LA QUINTA HOLDINGS INC 0.03%ENTERGY ARKANSAS 2/15/2021 0.03%EXPRESS SCRIPTS 2/12/2015 0.03%WELLPOINT INC 0.03%GOVERNMENT NATIONAL MORTGAG 5/20/2032 0.03%TENN VALLEY AUTH 1/15/2048 0.03%AMGEN INC 5/22/2024 0.03%SYMANTEC CORP 0.03%FREDDIE MAC 11/15/2034 0.03%PULTEGROUP INC 0.03%PERNOD RICARD SA 0.03%BEAR STEARNS COMMERCIAL MOR 6/11/2040 0.03%FANNIE MAE 6/25/2041 0.03%NIDEC CORP 0.03%FREDDIE MAC 11/01/2037 0.03%FREDDIE MAC 7/15/2033 0.03%AMTRUST FINANCIAL SERVICES 0.03%CITIGROUP INC 11/07/2043 0.03%VEEVA SYSTEMS INC-CLASS A 0.03%NOVADAQ TECHNOLOGIES INC 0.03%SPLUNK INC 0.03%ABBOTT LABORATORIES 0.03%TREX COMPANY INC 0.03%BAT INTL FINANCE 6/05/2015 0.03%FANNIE MAE 10/01/2017 0.03%AT&T INC 6/01/2017 0.03%ECOLAB INC 0.03%LYONDELLBASELL INDU-CL A 0.02%FHLMC STRUCTURED PASS THROU 9/25/2043 0.02%PING AN INSURANCE GROUP CO- 0.02%CENTRICA PLC 0.02%FNMA PRIN STP 5/15/2030 0.02%FANNIE MAE 2/25/2021 0.02%ANHEUSER-BUSCH 7/15/2022 0.02%FREDDIE MAC 5/15/2035 0.02%TELEFONICA EMIS 4/27/2023 0.02%TERADYNE INC 0.02%IMERYS SA 0.02%FLUIDIGM CORP 0.02%CRED AGRICOLE SA 9/19/2033 0.02%ANADARKO PETROLEUM CORP 0.02%AEGERION PHARMACEUTICALS IN 0.02%AST Portfolio Holdings289 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioBANK OF MONTREAL 4/09/2018 0.02%AMERICAN EXPRESS 5/22/2018 0.02%OMNICARE INC 0.02%BANK OF AMER CRP 10/09/2015 0.02%STORA ENSO OYJ-R SHS 0.02%HEWLETT-PACK CO 9/15/2041 0.02%FIRST REPUBLIC BANK/CA 0.02%DUKE ENERGY CORP 0.02%VALE OVERSEAS 1/11/2022 0.02%SPX CORP 0.02%CMS ENERGY CORP 0.02%AMGEN INC 0.02%CBS CORP-CLASS B NON VOTING 0.02%TREEHOUSE FOODS INC 0.02%CIGNA CORP 2/15/2022 0.02%GEN ELEC CAP CRP 4/02/2018 0.02%VF CORP 0.02%XSTRATA FIN CAN 10/25/2042 0.02%SEMPRA ENERGY 4/01/2017 0.02%ABBVIE INC 11/06/2015 0.02%ENEL SPA 9/24/2073 0.02%XILINX INC 0.02%FREDDIE MAC 1/01/2032 0.02%CATERPILLAR INC 8/15/2042 0.02%GEN ELECTRIC CO 10/09/2042 0.02%DIRECTV HLDGS/FN 3/15/2042 0.02%FANNIE MAE 12/01/2032 0.02%PHILIP MORRIS IN 11/15/2041 0.02%SHELL INTL FIN 3/25/2020 0.02%H&R BLOCK INC 0.02%TOYOTA AUTO RECEIVABLES OWN 1/17/2017 0.02%FREDDIE MAC 6/01/2035 0.02%GOVERNMENT NATIONAL MORTGAG 2/20/2034 0.02%SOUTHERN POWER 9/15/2041 0.02%ITC HOLDINGS COR 6/15/2024 0.02%MORGAN STANLEY 4/29/2016 0.02%WACHOVIA BANK COMMERCIAL MO 7/15/2045 0.02%MOSAIC CO 11/15/2033 0.02%JP MORGAN CHASE COMMERCIAL 4/15/2043 0.02%MASCO CORP 0.02%NISOURCE INC 0.02%NORTHEAST UTILITIES 0.02%FANNIEMAE WHOLE LOAN 7/25/2034 0.02%MEGGITT PLC 0.02%GOVERNMENT NATIONAL MORTGAG 12/20/2040 0.02%MLCC MORTGAGE INVESTORS INC 10/25/2028 0.02%BPCE 12/10/2018 0.02%FIRSTENERGY TRAN 7/15/2044 0.02%FREDDIE MAC 7/15/2025 0.02%ARCELORMITTAL 2/25/2017 0.02%LB-UBS COMMERCIAL MORTGAGE 9/15/2045 0.02%TIME WARNER INC 3/29/2021 0.02%GOVERNMENT NATIONAL MORTGAG 6/16/2038 0.02%WILLIAMS PARTNER 3/04/2024 0.02%Security% of PortfolioELEC DE FRANCE 1/29/2049 0.02%FANNIE MAE 4/25/2033 0.02%ABN AMRO BANK NV 10/30/2018 0.02%CD COMMERCIAL MORTGAGE TRUS 7/15/2044 0.02%ENTERPRISE PRODU 2/15/2022 0.02%ANADARKO PETRO 9/15/2017 0.02%GEN ELEC CAP CRP 1/07/2021 0.02%ENDO HEALTH SOLUTIONS INC 0.02%VERIZON COMM INC 9/15/2020 0.02%KIMCO REALTY 6/01/2023 0.02%INTESA SANPAOLO 6/26/2024 0.02%AMER AIRLINES 20 1/15/2023 0.02%FANNIE MAE 7/01/2025 0.02%MYLAN INC 7/15/2020 0.02%USU4S US LONG BOND (CBT) 10/05/2014 0.02%VIACOM INC-CLASS B 0.02%GAMESTOP CORP-CLASS A 0.02%SKANDINAV ENSKIL 11/20/2018 0.02%BROOKFIELD RESIDENTIAL PROP 0.02%MORGAN STANLEY 4/25/2018 0.02%LORILLARD INC 0.02%RICOH CO LTD 0.02%MSRR 2012-IO AXA 3/27/2051 0.02%FANNIE MAE 11/25/2032 0.02%DELPHI AUTOMOTIVE PLC 0.02%COBALT CMBS COMMERCIAL MORT 8/15/2048 0.02%ALLEGHENY TECH 8/15/2023 0.02%MET LIFE GLOB 4/11/2022 0.02%IND & COMM BK OF CHINA-H 0.02%CHINA CONSTRUCTION BANK-H 0.02%MID-STATE TRUST 10/15/2040 0.02%GENERAL MILLS INC 0.02%AVALONBAY COMMUN 10/01/2020 0.02%MARKEL CORP 3/30/2023 0.02%UDR INC 10/01/2020 0.02%FANNIE MAE 10/25/2035 0.02%MOLSON COORS BREWING CO -B 0.02%AGGREKO PLC 0.02%COMMVAULT SYSTEMS INC 0.02%NISOURCE FIN CP 2/01/2042 0.02%CHASE MORTGAGE FINANCE CORP 7/25/2037 0.02%SUN ART RETAIL GROUP LTD 0.02%BERKSHIRE HATH 5/15/2018 0.02%CREDIT SUISSE 12/29/2049 0.02%FANNIEMAE GRANTOR TRUST 12/25/2041 0.02%CVS CAREMARK 12/01/2022 0.02%FNS 417 C11 2.50% 2/25/2028 0.02%MERCEDES-BENZ AUTO RECEIVAB 8/15/2017 0.02%AFRICAN DEV BANK 9/01/2019 0.02%GENERAL MOTORS 10/02/2043 0.02%WORLD OMNI AUTO RECEIVABLES 2/15/2017 0.02%BOSTON PROP LP 2/01/2023 0.02%NUCOR CORP 8/01/2043 0.02%BANC OF AMERICA COMMERCIAL 7/10/2043 0.02%AST Portfolio Holdings290 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioGOVERNMENT NATIONAL MORTGAG 10/20/2039 0.02%FANNIE MAE 1/01/2024 0.02%BURLINGTON NORTH 6/01/2021 0.02%EUROPEAN CURRENCY 0.02%GOVERNMENT NATIONAL MORTGAG 10/20/2033 0.02%AVALONBAY COMMUNITIES INC 0.02%HELMERICH & PAYNE 0.02%ALLEGHANY CORP 0.02%MORGAN STANLEY 7/24/2015 0.02%CREDIT SUISSE FIRST BOSTON 7/15/2037 0.02%UNITED MEXICAN 10/02/2023 0.02%TEXAS INSTRUMENTS INC 0.02%BANK OF AMER CRP 3/15/2017 0.02%UPM-KYMMENE OYJ 0.02%JARDEN CORP 0.02%SCHLUMBERGER INV 12/01/2023 0.02%SHELL INTL FIN 8/12/2043 0.02%WELLPOINT INC 1/15/2044 0.02%FREDDIE MAC 11/01/2024 0.02%HYDRO-QUEBEC 7/07/2024 0.02%ALLSTATE CORP 8/15/2053 0.02%ASTRA INTERNATIONAL TBK PT 0.02%FMG RES 11/01/2019 0.02%BOEING CO 8/15/2024 0.02%BRIXMOR PROPERTY GROUP INC 0.02%FREDDIE MAC 11/01/2023 0.02%FANNIE MAE 7/01/2032 0.02%ROWAN COS INC 1/15/2044 0.02%H. J. HEINZ COMPANY 6/05/2020 0.02%HUDSON CITY BANCORP INC 0.02%FREDDIE MAC 5/15/2041 0.02%HOMESTAR MORTGAGE ACCEPTANC 9/25/2034 0.02%CON EDISON NY 4/01/2018 0.02%ACTAVIS FUNDING 6/15/2044 0.02%RADIO ONE 3/31/2016 0.02%UNITEDHEALTH GRP 10/15/2020 0.02%A10 SECURITIZATION 11/15/2025 0.02%CONOCOPHILLIPS 0.02%IBM CORP 2/12/2024 0.02%BP CAPITAL PLC 5/10/2023 0.02%FHR 4030 IL CMT 1/31/2042 0.02%FANNIE MAE 1/01/2038 0.02%JEFFERIES GROUP 7/15/2019 0.02%FIFTH THIRD BANK 12/29/2049 0.02%DUKE ENERGY CAR 6/15/2020 0.02%BANK OF AMER CRP 7/01/2020 0.02%GOLDMAN SACHS GP 0.02%NEKTAR THERAPEUTICS 0.02%EBAY INC 0.02%EXPRESS SCRIPTS 5/15/2016 0.02%FANNIE MAE 1/25/2048 0.02%MERRILL LYNCH 1/15/2015 0.02%GENUINE PARTS CO 0.02%TRANSOCEAN INC 12/15/2021 0.02%Security% of PortfolioPETROFAC LTD 0.02%FANNIE MAE 12/25/2032 0.02%THORNBURG MORTGAGE SECURITI 9/25/2044 0.02%FANNIEMAE GRANTOR TRUST 11/25/2031 0.02%FANNIEMAE GRANTOR TRUST 1/25/2044 0.02%GEN ELEC CAP CRP 5/15/2024 0.02%GOLDMAN SACHS GP 5/01/2036 0.02%MORGAN STANLEY 3/22/2017 0.02%LLOYDS BANKING 4/30/2049 0.02%FANNIE MAE 10/25/2032 0.02%PHILLIPS 66 4/01/2022 0.02%WESTPAC BANKING 6/01/2018 0.02%DOMINION RES 8/15/2019 0.02%PNC BANK NA 1/30/2023 0.02%NATIONAL HEALTHCARE CORP 0.02%VERICREST OPPORTUNITY LOAN 4/25/2053 0.02%SUNOCO LOGISTICS 4/01/2044 0.02%TIME WARNER CABL 9/01/2041 0.02%MET LIFE GLOB 1/10/2023 0.02%GOVERNMENT NATIONAL MORTGAG 7/20/2033 0.02%SOUTHWEST AIRLINES CO 0.02%ANALOG DEVICES INC 0.02%WACHOVIA BANK NA 11/15/2017 0.02%BURLINGTON NORTH 3/15/2018 0.02%CREDIT SUISSE FIRST BOSTON 2/15/2038 0.02%AXIS CAPITAL HOLDINGS LTD 0.02%NEWS AMER INC 11/15/2037 0.02%HONDA AUTO RECEIVABLES OWNE 4/16/2018 0.02%HUTCH WHA INT 10 12/29/2049 0.02%FANNIE MAE 4/25/2035 0.02%BANK OF AMER CRP 10/14/2016 0.02%BAXTER INTERNATIONAL INC 0.02%WILLIAMS PARTNER 1/15/2045 0.02%UBS-BARCLAYS COMMERCIAL MOR 5/10/2063 0.02%ENTERPRISE PRODU 8/01/2066 0.02%KINDER MORGAN EN 9/01/2022 0.02%VALEANT PHARMA 7/15/2022 0.02%CITIGROUP INC 7/25/2016 0.02%FREDDIE MAC 9/15/2031 0.02%SPRINT CAP CORP 3/15/2032 0.02%FREDDIE MAC 5/15/2041 0.02%FORD CREDIT AUTO OWNER TRUS 8/15/2016 0.02%DISCOVER CARD EXECUTION NOT 8/15/2017 0.02%HSBC BANK PLC 5/15/2018 0.02%CLUBCORP HOLDINGS INC 0.02%MLCC MORTGAGE INVESTORS INC 5/25/2029 0.02%TIME INC 0.02%KAPSTONE PAPER AND PACKAGIN 0.02%FANNIE MAE 4/25/2038 0.02%AT&T INC 2/15/2022 0.02%BLACKSTONE HLDGS 3/15/2021 0.02%DELTA AIR 20071A 8/10/2022 0.02%CAN OIL SANDS LT 4/01/2042 0.02%HYUNDAI AUTO RECEIVABLES TR 9/15/2016 0.02%AST Portfolio Holdings291 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioVERIZON PENN 12/15/2030 0.02%FANNIE MAE 1/25/2032 0.02%SPECTRA PARTNERS 3/15/2024 0.02%FLAGSHIP CREDIT AUTO TRUST 4/16/2018 0.02%WISCONSIN ENERGY CORP 0.02%NORTHWEST AIR 07 11/01/2019 0.02%SGS SA-REG 0.02%RABOBANK 12/01/2043 0.02%ELEC DE FRANCE 1/22/2044 0.02%SPRINGLEAF MORTGAGE LOAN TR 6/25/2058 0.02%FREDDIE MAC 4/15/2039 0.02%NATIONAL BANK HOLD-CL A 0.02%NEW YORK LIFE GL 5/04/2015 0.02%FANNIE MAE 9/25/2029 0.02%FANNIEMAE WHOLE LOAN 9/25/2041 0.02%AMGEN INC 6/15/2042 0.02%AMERICAN CREDIT ACCEPTANCE 2/15/2017 0.02%MERRILL LYNCH MORTGAGE TRUS 5/12/2039 0.02%PEPSICO INC 3/01/2023 0.02%PPL CAPITAL FDG 12/01/2022 0.02%METLIFE INC 2/08/2021 0.02%PROLOGIS LP 8/15/2023 0.02%FANNIE MAE 12/25/2035 0.02%BARCLAYS BK PLC 2/23/2015 0.02%UPCB FIN III 7/01/2020 0.02%FRANCE TELECOM 1/13/2042 0.02%CENOVUS ENERGY 9/15/2042 0.02%FREEPORT-MC C&G 3/15/2043 0.02%COUNTRYWIDE HOME LOANS 5/25/2034 0.02%JP MORGAN CHASE COMMERCIAL 1/12/2043 0.02%FIRST HORIZON MORTGAGE PASS 9/25/2033 0.02%AETNA INC 11/15/2022 0.02%AMERICAN HOMES 4 RENT- A 0.02%REYNOLDS GROUP 4/15/2019 0.02%BERKSHIRE HATH 5/15/2043 0.02%NATL AUSTRALIABK 7/27/2016 0.02%PINNACLE FOODS 4/29/2020 0.02%AMERICAN RESIDENTIAL PROPER 0.02%TAIWAN SEMICONDUCTOR-SP ADR 0.02%LEVEL 3 COMM INC 2/01/2019 0.02%CITIGROUP INC 5/22/2019 0.02%FIFTH THIRD BANK 12/29/2049 0.02%B DSC 1/08/2015 0.02%NATIONWIDE BLDG 2/25/2015 0.02%CHRYSLER 5/24/2017 0.02%PEPSICO INC 3/05/2022 0.02%CENOVUS ENERGY 8/15/2022 0.02%BALT GAS & ELEC 8/15/2022 0.02%VMWARE INC-CLASS A 0.02%CITICORP MORTGAGE SECURITIE 6/25/2037 0.02%CFC LLC 11/15/2017 0.02%CITIGROUP INC 5/19/2015 0.02%FANNIE MAE 2/01/2035 0.02%HJ HEINZ CO 10/15/2020 0.02%Security% of PortfolioSTRUCTURED ASSET SECURITIES 9/25/2033 0.02%UBS COMMERCIAL MORTGAGE TRU 5/10/2045 0.02%SPECTRA ENERGY 3/01/2020 0.02%DISH DBS CORP 9/01/2019 0.02%FANNIE MAE 5/01/2023 0.02%HOME DEPOT INC 2/15/2044 0.02%FIRSTENERGY SO 6.8% 8/15/2039 0.02%MICROSOFT CORP 11/15/2042 0.02%LOCKHEED MARTIN 12/15/2042 0.02%FREDDIE MAC 7/15/2027 0.02%FREDDIE MAC 1/01/2033 0.02%PHILLIPS 66 5/01/2042 0.02%MACYS RETAIL HLD 2/15/2043 0.02%GEN MOTORS FIN 5/15/2016 0.02%CREDIT ACCEPTANCE AUTO LOAN 3/16/2020 0.02%FREDDIE MAC 8/15/2023 0.02%XCEL ENERGY INC 0.02%MONONGAHELA PWR 12/15/2043 0.02%BROCADE COMMUNICATIONS SYS 0.02%ORACLE CORP 7/15/2023 0.02%FANNIE MAE 8/25/2036 0.02%AFLAC INC 0.02%US AIR 2013-1A 11/15/2025 0.02%VIACOM INC 3/15/2043 0.02%MACYS RETAIL HLD 2/15/2023 0.02%FANNIE MAE 1/25/2020 0.02%GOVERNMENT NATIONAL MORTGAG 4/16/2023 0.02%FANNIE MAE 6/18/2027 0.02%CVS CAREMARK 12/05/2023 0.02%WAL-MART STORES 4/11/2043 0.01%BOSTON PROPERTIES INC 0.01%KIMCO REALTY 5/01/2021 0.01%MEDCO HEALTH SOL 9/15/2020 0.01%TEVA PHARM FIN 12/18/2022 0.01%PNC FINANCIAL 6/01/2023 0.01%FANNIEMAE WHOLE LOAN 6/25/2044 0.01%ALLSTATE CORP 0.01%FREDDIE MAC 8/01/2027 0.01%SWISS RE TREAS 12/06/2042 0.01%TRAFIGURA SECURITISATION FI 10/15/2015 0.01%DAIMLER FINANCE 1/11/2018 0.01%ALLY AUTO RECEIVABLES TRUST 8/15/2016 0.01%FANNIEMAE WHOLE LOAN 8/25/2047 0.01%LB-UBS COMMERCIAL MORTGAGE 9/15/2039 0.01%BANQ FED CRD MUT 1/20/2017 0.01%RR DONNELLEY & SONS CO 0.01%SHELL INTL FIN 8/21/2022 0.01%ROYAL BK CANADA 9/19/2017 0.01%FREDDIE MAC 2/01/2028 0.01%AMC ENTERTAINMNT 12/01/2020 0.01%LIMITED BRANDS 4/01/2021 0.01%AT&T INC 6/15/2044 0.01%CLAIRE'S STORES 3/15/2019 0.01%BANK OF AMER CRP 1/21/2044 0.01%AST Portfolio Holdings292 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioFIREEYE INC 0.01%TOTAL CAP INTL 1/25/2023 0.01%COCA-COLA ENTERPRISES 0.01%FANNIE MAE 6/25/2040 0.01%UNITED RENTAL NA 4/15/2022 0.01%FANNIEMAE WHOLE LOAN 3/25/2044 0.01%MIDAMERICAN ENER 11/15/2023 0.01%GOVERNMENT NATIONAL MORTGAG 10/20/2039 0.01%CHRYSLER GP/CG C 6/15/2021 0.01%STRUCTURED AGENCY CREDIT RI 2/25/2024 0.01%FANNIE MAE 12/25/2033 0.01%FREDDIE MAC 9/01/2036 0.01%LB-UBS COMMERCIAL MORTGAGE 6/15/2038 0.01%RYDER SYSTEM INC 6/01/2017 0.01%BB&T CORPORATION 4/29/2016 0.01%RESIDENTIAL ASSET MORTGAGE 11/25/2035 0.01%ARDAGH PKG FIN 10/15/2020 0.01%PACIFIC GAS&ELEC 2/15/2044 0.01%TELEFONICA EMIS 6/20/2036 0.01%WINDSTREAM CORP 10/01/2021 0.01%BANC OF AMERICA FUNDING COR 2/25/2035 0.01%TVA PRIN STRIP 6/15/2035 0.01%FREDDIE MAC 3/15/2024 0.01%FHLMC-GNMA 11/25/2023 0.01%FANNIE MAE 12/25/2042 0.01%PPL CAPITAL FDG 6/15/2022 0.01%CPS AUTO TRUST 6/15/2020 0.01%MID-AMERICA APARTMENT COMM 0.01%HANESBRANDS INC 12/15/2020 0.01%YAHOO JAPAN CORP 0.01%CVS CAREMARK 5/15/2041 0.01%DUKE REALTY 2/15/2021 0.01%SERTA SIMMONS 10/01/2020 0.01%EDP FINANCE BV 1/14/2021 0.01%DDR CORP 0.01%SIMON PROP GP LP 5/30/2018 0.01%TENET HEALTHCARE 2/01/2020 0.01%BANC OF AMERICA COMMERCIAL 9/10/2047 0.01%EASTGROUP PROPERTIES INC 0.01%GCI INC 11/15/2019 0.01%KRAFT FOODS GROU 6/04/2042 0.01%FANNIEMAE WHOLE LOAN 2/25/2029 0.01%STADSHYPOTEK AB 10/02/2019 0.01%ENLINK MIDSTREAM 4/01/2044 0.01%TECK RESOURC 2/01/2023 0.01%FANNIEMAE WHOLE LOAN 6/25/2042 0.01%WYNN MACAU LTD 0.01%BRANCH BKG & TR 5/23/2017 0.01%SABMILLER HLD IN 1/15/2022 0.01%NISOURCE FIN CP 12/01/2021 0.01%FORTRESS OPPORTUNITIES RESI 10/25/2033 0.01%IBM CORP 5/15/2020 0.01%EXCEL TRUST INC 0.01%CENTURYLINK INC 3/15/2022 0.01%Security% of PortfolioNORTHSTAR MORTGAGE TRUST 8/25/2029 0.01%CDW LLC/CDW FIN 4/01/2019 0.01%FREDDIE MAC 11/15/2046 0.01%PARK PLACE SECURITIES INC 10/25/2034 0.01%APPLE INC 5/03/2023 0.01%FANNIEMAE WHOLE LOAN 6/25/2043 0.01%RABOBANK 3/11/2015 0.01%ALLIED WORLD ASSURANCE CO 0.01%DIAGEO CAP PLC 4/29/2023 0.01%NATL SEMICOND 6/15/2017 0.01%CAPITAL ONE FINL 3/23/2015 0.01%VIRGIN MEDIA SEC 4/15/2021 0.01%NORTHERN TRUST CORP 0.01%JC PENNEY 5/22/2018 0.01%BANK OF AMERICA 6/15/2016 0.01%CONTL AIRLINES 7/02/2018 0.01%ALLERGAN INC 0.01%GEN ELEC CAP CRP 12/11/2019 0.01%BALT GAS & ELEC 7/01/2023 0.01%DELTA AIRLINES INC 10/18/2018 0.01%FANNIEMAE WHOLE LOAN 2/25/2044 0.01%RESIDENTIAL ASSET SECURITIE 2/25/2036 0.01%MORGAN STANLEY DEAN WITTER 3/25/2033 0.01%GOVERNMENT NATIONAL MORTGAG 10/20/2038 0.01%MYLAN INC 6/24/2018 0.01%WAMU MORTGAGE PASS-THROUGH 7/25/2034 0.01%COLGATE-PALMOLIVE CO 0.01%WESTERN GAS 7/01/2022 0.01%WELLS FARGO MORTGAGE BACKED 12/25/2034 0.01%SEQUOIA MORTGAGE TRUST 9/20/2034 0.01%FOREST LABORATOR 2/15/2021 0.01%EQT CORP 0.01%GILEAD SCIENCES 4/01/2044 0.01%COMCAST CORP 3/01/2044 0.01%FIRST DATA CORP 1/15/2021 0.01%EMC CORP/MA 6/01/2020 0.01%ORACLE CORP 7/08/2044 0.01%EMBARQ CORP 6/01/2036 0.01%KINDER MORGAN EN 8/15/2042 0.01%FANNIE MAE 4/01/2024 0.01%WILLIS GROUP HOLDINGS PLC 0.01%CITIGROUP INC 1/14/2022 0.01%FANNIE MAE 2/25/2024 0.01%ILLINOIS TOOL WK 9/01/2042 0.01%FANNIE MAE 5/25/2031 0.01%BURGER KING WORLDWIDE INC 0.01%FREDDIE MAC 2/15/2024 0.01%SPRINGLEAF MORTGAGE LOAN TR 10/25/2057 0.01%FANNIEMAE WHOLE LOAN 10/25/2044 0.01%MACYS RETAIL HLD 7/15/2017 0.01%EXETER AUTOMOBILE RECEIVABL 10/16/2017 0.01%FANNIE MAE 3/25/2027 0.01%NATIONWIDE MUTL 8/15/2039 0.01%PHILIP MORRIS IN 3/04/2043 0.01%AST Portfolio Holdings293 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioFREDDIEMAC STRIP 12/15/2027 0.01%INTERCONTINENT 10/15/2023 0.01%SWISS RE CAPITAL 5/29/2049 0.01%THOMSON REUTERS 9/30/2021 0.01%ALBERTA ENERGY 11/01/2031 0.01%ENTERPRISE PRODU 2/15/2042 0.01%LINCOLN NATL CRP 2/15/2020 0.01%AETNA INC 5/15/2042 0.01%MEAD JOHNSON NUTRITION CO 0.01%PERRIGO CO PLC 0.01%OLD REPUBLIC INTL CORP 0.01%BERKSHIRE HATHWY 2/11/2043 0.01%KINDER MORGAN EN 3/01/2043 0.01%RLJ LODGING TRUST 0.01%GOLDMAN SACHS GP 7/08/2044 0.01%GMAT TRUST 11/25/2043 0.01%SEALED AIR CORP 9/15/2021 0.01%BANC OF AMERICA MORTGAGE SE 5/25/2033 0.01%ANADARKO PETRO 3/15/2019 0.01%WELLPOINT INC 7/15/2018 0.01%TIME WARNER CABL 2/01/2020 0.01%ONEOK PARTNERS 2/01/2016 0.01%TIME WARNER INC 6/01/2044 0.01%ING US INC 5/15/2053 0.01%CITIMORTGAGE ALTERNATIVE LO 4/25/2036 0.01%MCKESSON CORP 12/15/2022 0.01%MASTR ALTERNATIVE LOANS TRU 4/25/2034 0.01%DEUTSCHE TEL FIN 6/15/2030 0.01%FANNIEMAE WHOLE LOAN 9/25/2042 0.01%METHANEX CORP 0.01%FANNIE MAE 7/25/2023 0.01%HCP INC 2/01/2020 0.01%TELE-COMMUN INC 4/15/2022 0.01%JP MORGAN MORTGAGE TRUST 11/25/2033 0.01%GOVERNMENT NATIONAL MORTGAG 9/20/2036 0.01%STATE STREET COR 11/20/2023 0.01%LINCOLN NATIONAL CORP 0.01%WELLS FARGO CO 8/15/2023 0.01%ARCELORMITTAL 2/25/2022 0.01%WELLS FARGO REREMIC TRUST 8/20/2021 0.01%SPECTRA ENERGY 4/15/2018 0.01%CANON INC 0.01%FREDDIE MAC 4/15/2023 0.01%PFIZER INC 6/15/2043 0.01%CITIGROUP COMMERCIAL MORTGA 5/15/2043 0.01%BREITBURN ENERGY 10/15/2020 0.01%NORFOLK SOUTHERN 8/15/2043 0.01%PRIME MORTGAGE TRUST 2/25/2034 0.01%FREDDIE MAC 9/15/2024 0.01%OGLETHORPE POWER 11/01/2040 0.01%WEINGARTEN RLTY 1/15/2024 0.01%APACHE CORP 4/15/2043 0.01%GOVERNMENT NATIONAL MORTGAG 10/15/2023 0.01%USAA AUTO OWNER TRUST 8/15/2016 0.01%Security% of PortfolioPOST HOLDINGS IN 2/15/2022 0.01%DANAHER CORP 0.01%FREDDIE MAC 9/01/2035 0.01%CF INDUSTRIES IN 3/15/2044 0.01%OKLAHOMA GAS & E 3/15/2044 0.01%JP MORGAN MORTGAGE TRUST 9/25/2034 0.01%PHHMC MORTGAGE PASS THROUGH 7/25/2038 0.01%CREDIT SUISSE MORTGAGE TRUS 3/15/2039 0.01%HD SUPPLY INC 4/15/2019 0.01%FREDDIE MAC 11/15/2023 0.01%SEALED AIR CORP 0.01%AMER INTL GROUP 6/01/2022 0.01%SIMON PROPERTY GROUP INC 0.01%SEMPRA ENERGY 2/15/2019 0.01%TEREX CORP 5/15/2021 0.01%OMNICOM GROUP 5/01/2022 0.01%CAESARS ENT OPER 2/15/2020 0.01%GOLDMAN SACHS GP 3/15/2020 0.01%STRUCTURED ASSET INVESTMENT 6/25/2033 0.01%MCKESSON CORP 3/15/2044 0.01%AMGEN INC 5/15/2022 0.01%FIRST DATA CORP 1/15/2022 0.01%DAIMLER FINANCE 1/11/2017 0.01%WELLS FARGO MORTGAGE BACKED 6/25/2037 0.01%CENTRAL GARDEN 3/01/2018 0.01%FEDERATED RETAIL 12/01/2016 0.01%MACQUARIE BK LTD 2/22/2017 0.01%NOMURA HOLDINGS 3/04/2015 0.01%AMERICAN HOME MORTGAGE ASSE 9/25/2046 0.01%AOL TIME WARNER 4/15/2031 0.01%GOVERNMENT NATIONAL MORTGAG 5/20/2037 0.01%LINN ENERGY LLC 11/01/2019 0.01%RAAC SERIES 9/25/2034 0.01%VENTAS REALTY LP 6/01/2021 0.01%HEWLETT-PACK CO 12/09/2021 0.01%PAC LIFE INSUR 6/15/2039 0.01%GEN CABLE CORP 10/01/2022 0.01%AVIS BUDGET CAR 4/01/2023 0.01%ROYAL BK CANADA 10/01/2018 0.01%MASTR ADJUSTABLE RATE MORTG 11/21/2034 0.01%INGREDION INC 0.01%HIGHWOODS PROPERTIES INC 0.01%ALTRIA GROUP INC 8/09/2042 0.01%FANNIE MAE 12/01/2019 0.01%VENDEE MORTGAGE TRUST 6/15/2026 0.01%PEABODY ENERGY 11/15/2021 0.01%FREDDIE MAC 1/01/2029 0.01%UNIVISION COMMUNICATIONS IN 3/01/2020 0.01%GOLDMAN SACHS GP 1/24/2022 0.01%VIACOM INC 9/01/2043 0.01%CISCO SYSTEMS 3/04/2024 0.01%ALASKA AIR GROUP INC 0.01%COUNTRYWIDE HOME LOANS 5/25/2034 0.01%AMER EXPR CENTUR 9/13/2017 0.01%AST Portfolio Holdings294 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioDNB NOR BOLIGKRE 10/14/2015 0.01%ALLY AUTO RECEIVABLES TRUST 4/15/2016 0.01%SIRIUS XM RADIO 5/15/2020 0.01%MARATHON PETRO 3/01/2041 0.01%KIMCO REALTY CORP 0.01%GEN ELEC CAP CRP 11/09/2015 0.01%REPUBLIC SVCS 9/15/2019 0.01%CENTEX HOME EQUITY 6/25/2032 0.01%TIME WARNER CABL 2/14/2019 0.01%GOVERNMENT NATIONAL MORTGAG 9/20/2038 0.01%GREENPOINT MORTGAGE FUNDING 10/25/2045 0.01%GOVERNMENT NATIONAL MORTGAG 1/20/2035 0.01%NUTRECO NV 0.01%PSEG POWER LLC 9/15/2016 0.01%ATMOS ENERGY 3/15/2019 0.01%VERIZON COMM INC 12/01/2030 0.01%CENOVUS ENERGY 9/15/2043 0.01%GOLDMAN SACHS GP 3/03/2024 0.01%LOCKHEED MARTIN 9/15/2021 0.01%FREDDIE MAC 11/15/2036 0.01%TIME WARNER CABL 4/01/2019 0.01%AMERICAN EXPRESS 3/19/2018 0.01%CARNOW AUTO RECEIVABLES TRU 10/16/2017 0.01%WAMU MORTGAGE PASS-THROUGH 4/25/2033 0.01%MORGAN STANLEY MORTGAGE LOA 9/25/2034 0.01%FREDDIE MAC 2/15/2024 0.01%TIME WARNER ENT 7/15/2033 0.01%PUB SVC OKLAHOMA 12/01/2019 0.01%LEXMARK INTERNATIONAL INC-A 0.01%STANDARD CHART 1/26/2024 0.01%FREDDIE MAC 5/01/2025 0.01%CITIGROUP MORTGAGE LOAN TRU 11/25/2038 0.01%RAYTHEON COMPANY 0.01%FORD MOTOR CRED 6/15/2016 0.01%FANNIEMAE WHOLE LOAN 6/25/2042 0.01%FREDDIE MAC 6/15/2025 0.01%HLSS SERVICER ADVANCE RECEI 10/15/2045 0.01%CLEAR CHNL WORLD 11/15/2022 0.01%WELLPOINT INC 5/15/2042 0.01%FANNIEMAE WHOLE LOAN 8/25/2035 0.01%HALLIBURTON CO 11/15/2021 0.01%FREDDIE MAC 12/15/2039 0.01%NORDEA BANK AB 3/20/2017 0.01%FORD MOTOR CRED 8/06/2023 0.01%FANNIE MAE 3/25/2040 0.01%LIBERTY PROP LP 2/15/2024 0.01%CATERPILLAR FINL 2/15/2019 0.01%HSBC FINANCE CRP 6/30/2015 0.01%GOVERNMENT NATIONAL MORTGAG 9/20/2036 0.01%IBM CORP 8/01/2023 0.01%LIBERTY PROP LP 6/15/2023 0.01%SPRINGLEAF MORTGAGE LOAN TR 9/25/2057 0.01%WYNN RESORTS LTD 0.01%NISSAN MOTOR ACC 3/15/2018 0.01%Security% of PortfolioWELLS FARGO MORTGAGE BACKED 6/25/2034 0.01%ENERGY TRAN PTNR 2/01/2023 0.01%UNITEDHEALTH GRP 11/15/2037 0.01%NEVADA POWER CO 8/01/2018 0.01%ONTARIO PROVINCE 6/16/2015 0.01%NEWS AMER INC 5/18/2018 0.01%ASML HOLDING NV-NY REG SHS 0.01%BUNGE LTD 0.01%GOVERNMENT NATIONAL MORTGAG 1/15/2033 0.01%KRAFT FOODS GROU 2/10/2020 0.01%FREDDIE MAC 5/01/2037 0.01%INTELSAT JACKSON 12/15/2022 0.01%VALE 9/11/2042 0.01%COMCAST CORP 3/15/2037 0.01%VERIZON MARYLAND 6/15/2033 0.01%GSR MORTGAGE LOAN TRUST 5/25/2034 0.01%MASTR ADJUSTABLE RATE MORTG 8/25/2034 0.01%HRPT PROPERTIES 1/15/2018 0.01%ING BANK NV 3/07/2017 0.01%GENERAL MILLS IN 12/15/2021 0.01%L-3 COMMUNICATIONS HOLDINGS 0.01%APPLE INC 5/03/2018 0.01%US T-BILL 0.033208% 10/02/2014 0.01%KINDER MORGAN EN 2/15/2020 0.01%ECOLAB INC 12/08/2041 0.01%FANNIE MAE 8/01/2021 0.01%FORD MOTOR CRED 4/15/2016 0.01%CITIGROUP INC 8/09/2020 0.01%MASTR ALTERNATIVE LOANS TRU 12/25/2018 0.01%TEVA PHARM FIN 11/10/2021 0.01%BANK OF NY MELLO 5/15/2019 0.01%CHENIERE ENERGY INC 0.01%PNC FUNDING CORP 2/08/2020 0.01%CROWN HOLDINGS INC 0.01%GOVERNMENT NATIONAL MORTGAG 7/16/2039 0.01%BANK OF MONTREAL 9/11/2017 0.01%UNITED TECH CORP 2/01/2019 0.01%AMER HONDA FIN 9/20/2016 0.01%ASHLAND INC 8/15/2022 0.01%DUKE REALTY 3/15/2020 0.01%BANK OF AMER CRP 12/29/2049 0.01%NATL AUSTRALIABK 6/20/2017 0.01%KANSAS CITY P&L 10/01/2041 0.01%COUNTRYWIDE HOME LOANS 1/25/2034 0.01%HSBC BANK PLC 1/19/2021 0.01%GOVERNMENT NATIONAL MORTGAG 5/20/2038 0.01%NORFOLK SOUTHERN 2/15/2023 0.01%FREDDIE MAC 8/15/2025 0.01%PORT AUTH OF NEW YORK & NEW 10/01/2062 0.01%FANNIE MAE 8/01/2037 0.01%ALUMINA LTD-SPONSORED ADR 0.01%PNC FINANCIAL 11/09/2022 0.01%S FRWD EUR 8/08/2014 0.01%FANNIE MAE 11/25/2042 0.01%AST Portfolio Holdings295 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioCME GROUP INC 0.01%FANNIE MAE 8/01/2037 0.01%AUST & NZ BANK 11/23/2016 0.01%21ST CENTURY FOX 10/01/2043 0.01%BP CAPITAL PLC 3/10/2015 0.01%CVS CAREMARK 12/05/2043 0.01%FREDDIE MAC 10/01/2022 0.01%FANNIE MAE 10/01/2038 0.01%TEXAS COMPETITIVE ELECTRIC 10/10/2017 0.01%GLOBAL PAYMENTS INC 0.01%WAMU MORTGAGE PASS-THROUGH 5/25/2033 0.01%BERKSHIRE HATH 5/15/2022 0.01%FANNIE MAE 4/25/2037 0.01%MAGELLAN MIDSTRE 2/01/2021 0.01%CERNER CORP 0.01%AM AIRLN 13-1 A 7/15/2025 0.01%PARTY CITY HLDG 8/01/2020 0.01%MACQUARIE BK LTD 8/15/2016 0.01%NRG ENERGY INC 9/01/2020 0.01%WELLS FARGO MORTGAGE BACKED 8/25/2037 0.01%MACQUARIE GROUP 1/14/2021 0.01%FANNIE MAE 5/25/2035 0.01%BANC OF AMERICA MORTGAGE SE 4/25/2034 0.01%FREDDIE MAC 12/15/2032 0.01%PHILIP MORRIS IN 11/15/2021 0.01%FANNIE MAE 4/01/2035 0.01%FREDDIE MAC 12/15/2032 0.01%ADT CORP 6/15/2023 0.01%METLIFE INC 12/15/2036 0.01%SABRE GLBL INC 5/15/2019 0.01%INTERPUBLIC GRP 2/15/2023 0.01%FREDDIE MAC 12/01/2036 0.01%T-MOBILE USA INC 4/28/2021 0.01%MACQUARIE GROUP 8/01/2014 0.01%EXPRESS SCRIPTS 2/15/2017 0.01%ENTERPRISE PRODU 2/15/2043 0.01%PPL WEM HLDG 5/01/2021 0.01%NAVITAS EQUIPMENT RECEIVABL 11/15/2016 0.01%CEMEX FINANCE 10/12/2022 0.01%BARRICK NA FIN 5/30/2021 0.01%CHASE MORTGAGE FINANCE CORP 10/25/2036 0.01%AMERICAN WATER 3/01/2024 0.01%INTUIT INC 3/15/2017 0.01%AVAYA INC 10/26/2017 0.01%DEUTSCHE BK LOND 1/11/2016 0.01%AMGEN INC 10/01/2020 0.01%BAT INTL FINANCE 6/07/2022 0.01%DONNELLEY & SONS 6/15/2020 0.01%FANNIE MAE 9/18/2027 0.01%BK TOKYO-MIT UFJ 9/09/2018 0.01%UNIVISION COMM 5/15/2021 0.01%CLEAR CHANNEL COMMUNICATION 1/30/2019 0.01%PLACER DOME INC 10/15/2035 0.01%BARRICK GOLD COR 4/01/2042 0.01%Security% of PortfolioREYNOLDS GROUP 8/15/2019 0.01%AMER INTL GROUP 7/16/2044 0.01%VWR FUNDING INC 9/15/2017 0.01%CDX OTC 5.000% CMBX.NA.BBB. 2/17/2051 0.01%HEALTH CARE REIT 1/15/2024 0.01%FANNIE MAE 9/01/2023 0.01%ROYAL BK CANADA 7/20/2016 0.01%UNITED MEXICAN 3/08/2044 0.01%PPG INDUSTRIES 8/15/2019 0.01%NORFOLK SOUTHERN 1/15/2024 0.01%FANNIE MAE 4/01/2034 0.01%TRANS-CANADA PL 1/15/2019 0.01%ONTARIO PROVINCE 5/26/2015 0.01%CITIGROUP INC 12/19/2049 0.01%AMER EXPRESS CR 8/25/2014 0.01%CAISSE CENT DESJ 3/24/2016 0.01%US T-BILL 0.03269% 10/02/2014 0.01%DISCOVERY COMMUN 4/01/2043 0.01%CORP ANDINA FOM 1/15/2016 0.01%CLEAR CHNL WORLD 3/15/2020 0.01%MOSAIC CO 11/15/2021 0.01%CCO HOLDINGS LLC 3/15/2021 0.01%INTERCONTINENT 10/15/2018 0.01%MORGAN STANLEY 11/24/2025 0.01%MIDAMERICAN ENER 4/01/2036 0.01%XL GROUP LTD 0.01%FANNIE MAE 12/01/2023 0.01%GRAHAM HOLDINGS CO-CLASS B 0.01%CPS AUTO TRUST 12/16/2019 0.01%CIT GROUP INC 0.01%TORONTO DOM BANK 7/14/2016 0.01%PNC BANK NA 4/01/2018 0.01%EXTRA SPACE STORAGE INC 0.01%AT&T INC 9/01/2040 0.01%GOVERNMENT NATIONAL MORTGAG 12/20/2038 0.01%CONOCOPHILLIPS 7/15/2018 0.01%GOODYEAR TIRE 8/15/2020 0.01%FANNIEMAE STRIP 12/01/2024 0.01%BANK OF AMER CRP 8/01/2016 0.01%EBAY INC 10/15/2020 0.01%KROGER CO/THE 4/15/2022 0.01%FANNIE MAE 8/25/2023 0.01%CAPITAL ONE FINL 7/15/2021 0.01%MASTR ASSET SECURITIZATION 12/27/2033 0.01%VERISIGN INC 0.01%MAGELLAN MIDSTRE 7/15/2018 0.01%ENTERCOM COMMUNICATIONS-CL 0.01%SOUTHWN PUB SERV 12/01/2018 0.01%BARRICK NA FIN 5/30/2041 0.01%GSR MORTGAGE LOAN TRUST 6/25/2033 0.01%NORFOLK SOUTHERN CORP 0.01%MANUF & TRADERS 12/04/2017 0.01%CABLEVISION SYS 4/15/2020 0.01%MGM RESORTS 3/15/2022 0.01%AST Portfolio Holdings296 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioFORTRESS OPPORTUNITIES RESI 10/25/2018 0.01%WELLS FARGO CO 2/13/2023 0.01%BUNGE LTD FIN CP 6/15/2019 0.01%GAP INC/THE 4/12/2021 0.01%DOMINION RES 11/30/2017 0.01%NBCUNIVERSAL MED 4/01/2021 0.01%LEVEL 3 FIN INC 1/15/2021 0.01%KRAFT FOODS GROU 1/26/2039 0.01%MARVELL TECHNOLOGY GROUP LT 0.01%ENI SPA 10/01/2040 0.01%HCA INC 2/15/2022 0.01%RESIDENTIAL ASSET SECURITIZ 12/25/2034 0.01%EXELON GENERATIO 10/01/2020 0.01%DEL MONTE CORP 2/15/2019 0.01%SUNSTONE HOTEL INVESTORS IN 0.01%RESIDENTIAL ASSET SECURITIE 6/25/2034 0.01%PRINCIPAL FINL 5/15/2019 0.01%CVS PASS-THROUGH 1/10/2030 0.01%FANNIE MAE 7/25/2023 0.01%LIBERTY PROPERTY TRUST 0.01%ENEL FIN INTL NV 10/07/2019 0.01%ENERGY TRAN PTNR 6/01/2041 0.01%GOVERNMENT NATIONAL MORTGAG 5/20/2037 0.01%BEAR STEARNS ASSET BACKED S 12/25/2033 0.01%FANNIE MAE 9/01/2028 0.01%TRANSOCEAN INC 10/15/2022 0.01%EVEREST ACQ LLC 5/01/2020 0.01%FANNIE MAE 4/01/2028 0.01%MGM MIRAGE 1/15/2017 0.01%BANC OF AMERICA ALTERNATIVE 7/25/2018 0.01%KILROY REALTY CORP 0.01%BLACKROCK INC 9/15/2017 0.01%BANC OF AMERICA ALTERNATIVE 7/25/2019 0.01%KROGER CO/THE 8/01/2043 0.01%TRANSUNION HOLD 6/15/2018 0.01%DIAMONDROCK HOSPITALITY CO 0.01%FANNIE MAE 8/25/2038 0.01%FIRST DATA CORP 8/15/2020 0.01%BANC OF AMERICA ALTERNATIVE 1/25/2034 0.01%RESIDENTIAL ACCREDIT LOANS, 3/25/2019 0.01%BANC OF AMERICA ALTERNATIVE 8/25/2034 0.01%FREDDIE MAC 3/15/2036 0.01%STRUCTURED ASSET SECURITIES 5/25/2024 0.01%GOODMAN NETWORK 7/01/2018 0.01%INEOS FINANCE PL 2/15/2019 0.01%HCA HOLDINGS INC 5/15/2021 0.01%BIOMET INC 8/01/2020 0.01%UNION PAC CORP 2/01/2044 0.01%FRANCE TELECOM 3/01/2031 0.01%DETROIT EDISON 6/01/2021 0.01%CITIGROUP MORTGAGE LOAN TRU 5/25/2035 0.01%CENTERPOINT ENER 11/01/2017 0.01%PORT AUTH OF NEW YORK & NEW 11/01/2040 0.01%CITIGROUP INC 12/15/2015 0.01%Security% of PortfolioLEVEL 3 FIN INC 7/01/2019 0.01%EPICOR SOFTWARE 5/01/2019 0.01%ANIXTER INC 5/01/2019 0.01%WELLS FARGO MORTGAGE BACKED 8/25/2034 0.01%INTL LEASE FIN 4/01/2019 0.01%CNOOC FIN 2013 L 5/09/2023 0.01%CFC LLC 7/17/2017 0.01%MAGNA INTERNATIONAL INC-CL 0.01%DR HORTON INC 0.01%TOTAL CAP CANADA 7/15/2023 0.01%GOVERNMENT NATIONAL MORTGAG 6/16/2038 0.01%S FRWD CLP 5 9/10/2014 0.01%INTELSAT JACKSON 10/15/2020 0.01%CENTERPOINT ENER 1/15/2041 0.01%SUNTRUST BANKS 1/20/2017 0.01%EP ENER/EVEREST 5/01/2019 0.01%HESS CORP 2/15/2019 0.01%GOLDMAN SACHS GP 4/01/2018 0.01%ROGERS COMM INC 5/01/2032 0.01%SVENSKA HNDLSBKN 7/12/2016 0.01%MARINA DISTRICT 8/15/2018 0.01%CPS AUTO TRUST 3/16/2020 0.01%TELEFONICA EMIS 4/27/2020 0.01%HEXION US FIN 4/15/2020 0.01%SANTANDER DRIVE AUTO RECEIV 12/15/2016 0.01%NORFOLK SOUTHERN 5/23/2099 0.01%TRAVELERS PPTY 4/15/2026 0.01%FANNIE MAE 11/25/2037 0.01%FANNIE MAE 6/25/2035 0.01%GEO GROUP INC/T 1/15/2022 0.01%DJO FINANCE LLC 4/15/2018 0.01%CALIFORNIA ST 10/01/2039 0.01%MANPOWERGROUP INC 0.01%SINOPEC GRP OVER 10/17/2023 0.01%COM BK AUSTRALIA 3/16/2017 0.01%HERBALIFE LTD 0.01%PHILIPS ELECTRON 6/01/2026 0.01%LIBERTY MUT INS 10/15/2026 0.01%ORACLE CORP 4/15/2038 0.01%NORDEA BANK AB 5/13/2021 0.01%STRUCTURED AGENCY CREDIT RI 4/25/2024 0.01%CCO HOLDINGS LLC 4/30/2021 0.01%APERAM 4/01/2016 0.01%FREDDIE MAC 4/15/2039 0.01%SPRINGLEAF MORTGAGE LOAN TR 10/25/2057 0.01%MICROSOFT CORP 12/15/2023 0.01%ALLY FINANCIAL 6/26/2015 0.01%CARGILL INC 3/01/2022 0.01%PETROBRAS INTL 3/15/2019 0.01%BUMBLE BEE ACQ 12/15/2017 0.01%BEAR STEARNS ASSET BACKED S 10/25/2034 0.01%DUKE REALTY CORP 0.01%FANNIE MAE 10/25/2035 0.01%HEINEKEN NV 4/01/2022 0.01%AST Portfolio Holdings297 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioGOVERNMENT NATIONAL MORTGAG 10/20/2037 0.01%MGM MIRAGE 3/01/2018 0.01%MISS POWER CO 3/15/2042 0.01%WALGREEN CO 0.01%BANC OF AMERICA MORTGAGE SE 9/25/2037 0.01%BANC OF AMERICA ALTERNATIVE 9/25/2018 0.01%FANNIE MAE 8/25/2023 0.01%PROCTER & GAMBLE 8/15/2034 0.01%MACYS RETAIL HLD 7/15/2015 0.01%BANK OF MONTREAL 10/31/2014 0.01%SINCLAIR TELE 4/01/2021 0.01%FANNIE MAE 4/25/2034 0.01%BERKSHIRE HATH 10/15/2020 0.01%MASTR ASSET SECURITIZATION 7/25/2019 0.01%NISOURCE FIN CP 2/01/2045 0.01%WISC ELEC POWER 6/15/2018 0.01%CLEAR CHANNEL COMMUNICATION 7/30/2019 0.01%NISOURCE FIN CP 2/15/2044 0.01%AMGEN INC 6/01/2037 0.01%AIG SUNAMER GLOB 3/15/2032 0.01%RESIDENTIAL ASSET MORTGAGE 1/25/2036 0.01%RESIDENTIAL FUNDING MTG SEC 3/25/2033 0.01%FREEPORT-MC C&G 3/01/2017 0.01%ORACLE CORP 1/15/2019 0.01%WELLS FARGO MORTGAGE BACKED 7/25/2037 0.01%HONG KONG DOLLAR 0.01%CF INDUSTRIES IN 6/01/2043 0.01%HESS CORP 0.01%AVAYA INC 4/01/2019 0.01%DELTA AIR 20071C 8/10/2014 0.01%TOLL BROTHERS INC 0.01%MARATHON PETROLEUM CORP 0.01%VIACOM INC 12/15/2021 0.01%CATERPILLAR FINL 6/01/2022 0.01%SOUTHERN POWER 7/15/2043 0.01%IBM CORP 6/20/2042 0.01%METLIFE INC 8/13/2042 0.01%BANC OF AMERICA MORTGAGE SE 6/25/2019 0.01%ANHEUSER-BUSCH 11/15/2039 0.01%PROLOGIS INC 0.01%GOVERNMENT NATIONAL MORTGAG 8/20/2038 0.01%COMCAST CABLE 5/01/2017 0.01%HESS CORP 10/01/2029 0.01%JOHN SEVIER COMB 1/15/2042 0.01%SOUTHERN CO 9/01/2018 0.01%HEALTHCARE REALTY TRUST INC 0.01%FANNIE MAE 1/25/2040 0.01%FANNIE MAE 12/25/2034 0.01%GLAXOSMITHKLINE 3/18/2043 0.01%CAN NATURAL RES 6/30/2033 0.01%MASTR ASSET SECURITIZATION 10/25/2036 0.01%FANNIEMAE WHOLE LOAN 7/25/2042 0.01%HUNTINGTON AUTO TRUST 9/15/2016 0.01%EXPRESS SCRIPTS 2/15/2022 0.01%Security% of PortfolioROYAL BK SCOTLND 1/11/2021 0.01%WEATHERFORD BERM 4/15/2042 0.01%CVS CAREMARK 9/15/2039 0.01%TRANSOCEAN INC 11/15/2020 0.01%FANNIE MAE 1/25/2035 0.01%CIT GROUP INC 3/15/2018 0.01%BK TOKYO-MIT UFJ 2/23/2017 0.01%WEATHERFORD BERM 3/01/2039 0.01%COMCAST CABLE CO 11/15/2022 0.01%AMERICAN TOWER T 3/15/2018 0.01%FREDDIE MAC 12/01/2023 0.01%DAIMLER FINANCE 8/01/2018 0.01%KEY BANK NA 11/01/2017 0.01%MLCC MORTGAGE INVESTORS INC 4/25/2029 0.01%JP MORGAN MORTGAGE TRUST 7/25/2035 0.01%DIRECTV HLDGS/FN 8/15/2040 0.01%XL GROUP PLC 0.01%BANC OF AMERICA ALTERNATIVE 2/25/2034 0.01%NEWPAGE HOLDINGS INC 0.01%UBS AG STAMFORD 12/20/2017 0.01%BANK OF AMER CRP 12/29/2049 0.01%NATL AUSTRALIABK 9/28/2015 0.01%BANK OF NY MELLO 1/17/2017 0.01%MORGAN STANLEY CAPITAL I TR 2/12/2044 0.01%XEROX CORP 2/01/2017 0.01%SPRINT NEXTEL 3/01/2020 0.01%EBAY INC 7/15/2042 0.01%FANNIE MAE 10/01/2038 0.01%WESTPAC BANKING 11/19/2019 0.01%HCA INC 9/15/2020 0.01%COUNTRYWIDE ASSET-BACKED CE 2/25/2036 0.01%RESIDENTIAL ASSET MORTGAGE 7/25/2035 0.01%SIEMENS FINAN 8/17/2026 0.01%NABORS INDS INC 9/15/2020 0.01%LOS ANGELES CA DEPT OF ARPT 5/15/2039 0.01%MERRILL LYNCH MORTGAGE TRUS 1/12/2044 0.01%TOSCO CORP 2/15/2030 0.01%NEW CENTURY HOME EQUITY LOA 12/25/2035 0.01%ROGERS COMM INC 10/01/2023 0.01%CAESARS ENT OPER 6/01/2017 0.01%STARZ - A 0.01%MASTR ASSET SECURITIZATION 7/25/2019 0.01%HALLIBURTON CO 8/01/2023 0.01%FREDDIE MAC 3/15/2035 0.01%FANNIE MAE 7/25/2018 0.01%FANNIE MAE 3/25/2036 0.01%NATIONSTAR HOME EQUITY LOAN 6/25/2037 0.01%FANNIEMAE STRIP 5/01/2036 0.01%RM OPCO LLC CMT TERM A 1/01/2040 0.01%COUNTRYWIDE FINL 5/15/2016 0.01%EOG RESOURCES IN 2/01/2021 0.01%OCCIDENTAL PETE 2/01/2021 0.01%FANNIE MAE 6/25/2039 0.01%ANADARKO FINANCE 5/01/2031 0.01%AST Portfolio Holdings298 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioDUKE ENERGY CAR 6/15/2021 0.01%CARGILL INC 11/27/2017 0.01%PACIFIC LIFE GLO 5/15/2017 0.01%SPRINT CORP 9/15/2023 0.01%DYNEGY INC 0.01%WEATHERFORD BERM 4/15/2022 0.01%B DSC 0.032698% 10/02/2014 0.01%CONVATEC HEALTHC 12/15/2018 0.01%TELEFONICA EMIS 4/27/2018 0.01%SUPERVALU INC 3/21/2019 0.01%PETRO-CANADA 5/15/2018 0.01%US BANCORP 5/15/2017 0.01%BOSTON PROP LP 5/15/2021 0.01%BK TOKYO-MIT UFJ 9/09/2023 0.01%REYNOLDS GROUP 8/15/2019 0.01%GOVERNMENT NATIONAL MORTGAG 6/17/2034 0.01%FANNIE MAE 5/25/2034 0.01%FANNIE MAE 9/01/2022 0.01%DEVON ENERGY 4/15/2032 0.01%AT&T INC 8/15/2021 0.01%POTASH CORP 12/01/2017 0.01%FANNIE MAE 7/01/2037 0.01%AMERICAN MUNI PWR-OHIO INC 2/15/2050 0.01%PROGRESS ENERGY 3/01/2031 0.01%MASSMUTUAL GLBL 8/02/2018 0.01%HOUSEHOLD HOME EQUITY LOAN 1/20/2036 0.01%DISH DBS CORP 6/01/2021 0.01%BLACKROCK INC 0.01%TOSCO CORP 1/01/2027 0.01%SPRINGLEAF MORTGAGE LOAN TR 12/25/2059 0.01%HOME EQUITY ASSET TRUST 2/25/2036 0.01%MASSMUTUAL GLBL 4/14/2016 0.01%FANNIE MAE 4/01/2037 0.01%MORGAN STANLEY 7/24/2042 0.01%T-MOBILE USA INC 4/28/2022 0.01%OPTION ONE MORTGAGE LOAN TR 12/25/2035 0.01%VTR FIN BV 1/15/2024 0.01%WESTPAC BANKING 11/28/2016 0.01%PRIME MORTGAGE TRUST 11/25/2019 0.01%FANNIE MAE 3/25/2033 0.01%MORGAN STANLEY 11/02/2015 0.01%STATOIL ASA 1/15/2024 0.01%DIRECTV HLDGS/FN 3/15/2022 0.01%GEN MOTORS FIN 5/15/2018 0.01%FANNIE MAE 7/01/2024 0.01%ALTICE 5/15/2022 0.01%INVENTIV HEALTH 8/04/2016 0.01%BARCLAYS BK PLC 9/21/2015 0.01%IND MICH POWER 3/15/2019 0.01%CITIGROUP MORTGAGE LOAN TRU 9/25/2033 0.01%DIAGEO CAP PLC 10/23/2017 0.01%MASSMUTUAL GLBL 4/05/2017 0.01%CREDIT SUISSE FIRST BOSTON 10/25/2033 0.01%CROWN CASTLE TOW 8/15/2015 0.01%Security% of PortfolioFORD MOTOR CRED 5/09/2016 0.01%BEAR STEARNS ADJUSTABLE RAT 7/25/2033 0.01%BRITISH TEL PLC 6/28/2016 0.01%OVERSEA-CHINESE 3/13/2015 0.01%ILFC 6/30/2017 0.01%DAIMLER FINANCE 9/15/2016 0.01%VODAFONE GROUP 3/20/2017 0.01%BASF SE 0.01%WAL-MART STORES 4/22/2044 0.01%FREDDIE MAC 8/15/2036 0.01%BRAZIL REP OF 1/07/2025 0.01%COACH INC 0.01%TOTAL CAP INTL 2/17/2022 0.01%CNOOC FIN 2013 L 5/09/2016 0.01%HUNTINGTON INGALLS INDUSTRI 0.01%SEQUOIA MORTGAGE TRUST 4/25/2043 0.01%HSBC USA INC 1/16/2018 0.01%DOW CHEMICAL CO 11/01/2029 0.01%AMER HONDA FIN 2/16/2018 0.01%CANADIAN PAC RR 10/15/2031 0.01%AMER INTL GROUP 5/22/2038 0.01%PARK PLACE SECURITIES INC 6/25/2035 0.01%OCCIDENTAL PETE 2/15/2023 0.01%BANK NOVA SCOTIA 12/18/2017 0.01%CREDIT SUISSE FIRST BOSTON 7/25/2020 0.01%TCI COMMUN INC 2/15/2028 0.01%FLORIDA PWR & LT 6/01/2042 0.01%LABORATORY CORP 8/23/2017 0.01%CELGENE CORP 8/15/2017 0.01%STATOIL ASA 5/15/2018 0.01%NBCUNIVERSAL MED 4/30/2040 0.01%GOVERNMENT NATIONAL MORTGAG 6/16/2032 0.01%HUTCH WHA INT 12 11/08/2022 0.01%GOVERNMENT NATIONAL MORTGAG 12/20/2039 0.01%INDYMAC RESIDENTIAL ASSET B 8/25/2036 0.01%STATE GRID OSEAS 5/22/2018 0.01%DOW CHEMICAL CO 11/15/2022 0.01%BRISTOL-MYER SQB 8/01/2022 0.01%VIRGINIA EL&PWR 3/15/2023 0.01%DIRECTV HLDGS/FN 3/01/2021 0.01%BHP FINANCE USA 2/24/2042 0.01%PARK PLACE SECURITIES INC 2/25/2035 0.01%CITIGROUP MORTGAGE LOAN TRU 11/25/2036 0.01%FANNIE MAE 1/01/2019 0.01%FREDDIE MAC 1/15/2033 0.01%CENOVUS ENERGY 11/15/2039 0.01%ALABAMA POWER CO 12/01/2022 0.01%CREDIT SUISSE FIRST BOSTON 1/25/2043 < 0.01%CHASE MORTGAGE FINANCE CORP 11/25/2033 < 0.01%GOLDMAN SACHS GP 7/27/2021 < 0.01%CITIGROUP MORTGAGE LOAN TRU 5/25/2037 < 0.01%ILFC E-CAP TRUST 12/21/2065 < 0.01%PNC FUNDING CORP 6/10/2019 < 0.01%SOUTHERN CAL ED 4/01/2029 < 0.01%AST Portfolio Holdings299 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioCOMCAST CORP 7/15/2042 < 0.01%JEFFERIES GROUP 11/09/2015 < 0.01%FREDDIE MAC 2/15/2042 < 0.01%GOVERNMENT NATIONAL MORTGAG 9/20/2039 < 0.01%ONCOR ELECTRIC D 9/01/2018 < 0.01%GOVERNMENT NATIONAL MORTGAG 8/16/2039 < 0.01%EXETER AUTOMOBILE RECEIVABL 6/15/2017 < 0.01%ACCREDITED MORTGAGE LOAN TR 1/25/2034 < 0.01%STARWOOD HOTELS & RESORTS < 0.01%INTERPUBLIC GROUP COS 4/15/2024 < 0.01%TIAA SEASONED COMMERCIAL MO 8/15/2039 < 0.01%FANNIE MAE 10/25/2042 < 0.01%FREDDIE MAC 10/15/2042 < 0.01%GOVERNMENT NATIONAL MORTGAG 4/20/2037 < 0.01%DEVON ENERGY 1/15/2019 < 0.01%SEMPRA ENERGY 10/15/2039 < 0.01%AMERICA MOVIL SA 3/30/2020 < 0.01%COX COMMUN INC 1/15/2019 < 0.01%GOVERNMENT NATIONAL MORTGAG 6/20/2037 < 0.01%NOMURA HOME EQUITY LOAN INC 5/25/2035 < 0.01%BARRATT DEVELOPMENTS PLC < 0.01%PACIFIC GAS&ELEC 3/01/2034 < 0.01%ARROW ELECTRONIC 1/15/2027 < 0.01%FLORIDA PWR & LT 4/01/2034 < 0.01%REPUBLIC SVCS 6/01/2022 < 0.01%AVAYA INC 4/01/2019 < 0.01%GSR MORTGAGE LOAN TRUST 3/25/2036 < 0.01%FREDDIE MAC 1/15/2018 < 0.01%QUEST DIAGNOSTIC 1/30/2020 < 0.01%KERR-MCGEE CORP 9/15/2031 < 0.01%ENERGY TRAN PTNR 2/01/2042 < 0.01%INDYMAC RESIDENTIAL ASSET B 4/25/2037 < 0.01%JP MORGAN REREMIC 8/26/2035 < 0.01%GOVERNMENT NATIONAL MORTGAG 2/20/2038 < 0.01%TEEKAY CORP < 0.01%NEW YORK ST DORM AUTH ST PE 3/15/2040 < 0.01%PEPSICO INC 8/13/2017 < 0.01%B DSC 02 10/02/2014 < 0.01%MONTELL FIN BV 3/15/2027 < 0.01%AUST & NZ BANK 1/12/2021 < 0.01%FREDDIE MAC 2/01/2038 < 0.01%GMAC MORTGAGE CORPORATION L 1/25/2019 < 0.01%CONTL AIRLINES 4/19/2022 < 0.01%DILLARDS INC-CL A < 0.01%SUNCOR ENERGY 12/01/2034 < 0.01%APACHE CORP 9/15/2018 < 0.01%TALISMAN ENERGY 6/01/2019 < 0.01%CME GROUP INC 9/15/2022 < 0.01%KELLOGG CO < 0.01%CATALENT PHARMA 10/15/2018 < 0.01%LIBERTY MUTUAL 3/15/2037 < 0.01%UNITED TECH CORP 6/01/2042 < 0.01%BAE SYSTEMS HLDG 8/15/2015 < 0.01%JOHNSON CONTROLS 3/01/2021 < 0.01%Security% of PortfolioAT&T INC 6/15/2045 < 0.01%GOVERNMENT NATIONAL MORTGAG 9/20/2034 < 0.01%PREMIER INC-CLASS A < 0.01%DOLLAR GENERAL CORP < 0.01%ACE INA HOLDINGS 5/15/2015 < 0.01%EMDEON INC. 11/02/2018 < 0.01%DOMINION RES INC 8/01/2033 < 0.01%ZAYO GROUP LLC 7/01/2020 < 0.01%WABASH 5/08/2019 < 0.01%EURO < 0.01%COMCAST CORP 1/15/2043 < 0.01%ENSCO PLC-CL A < 0.01%PETRO-CANADA 6/15/2026 < 0.01%FANNIE MAE 3/25/2038 < 0.01%TELEFONICA EMIS 7/15/2019 < 0.01%HYDRO-QUEBEC 2/01/2021 < 0.01%FREDDIE MAC 5/15/2037 < 0.01%FDIC TRUST 10/25/2018 < 0.01%TEXAS EASTERN TR 10/15/2022 < 0.01%MIDAMERICAN ENER 11/15/2043 < 0.01%DUPONT EI NEMOUR 7/15/2018 < 0.01%NOBLE HLDG INTL 3/15/2042 < 0.01%FREDDIE MAC 5/15/2039 < 0.01%NATL MENTOR HLDG 2/15/2018 < 0.01%NOVARTIS CAPITAL 9/21/2022 < 0.01%FREEDOM GROUP INC 4/19/2019 < 0.01%AMER INTL GROUP 2/15/2024 < 0.01%NOVASTAR HOME EQUITY LOAN 3/25/2037 < 0.01%GSR MORTGAGE LOAN TRUST 9/25/2034 < 0.01%LABORATORY CORP 11/01/2018 < 0.01%ERP OPERATING LP 9/15/2014 < 0.01%CLAIRE'S STORES 3/15/2019 < 0.01%BEAR STEARNS COMMERCIAL MOR 9/11/2042 < 0.01%PITNEY BOWES INC < 0.01%FANNIE MAE 9/01/2037 < 0.01%DISCOVERY COMMUN 6/15/2021 < 0.01%RESIDENTIAL FUNDING MTG SEC 12/25/2036 < 0.01%AMERICREDIT AUTOMOBILE RECE 11/08/2016 < 0.01%FREDDIE MAC 12/15/2040 < 0.01%ROYAL BK SCOTLND 3/16/2022 < 0.01%BANK NOVA SCOTIA 10/29/2015 < 0.01%CEMEX ESPANA LUX 4/30/2019 < 0.01%INTEL CORP 10/01/2021 < 0.01%CEMEX ESPANA LUX 5/12/2020 < 0.01%FANNIE MAE 9/01/2019 < 0.01%UK POUND STERLING < 0.01%HALLIBURTON CO 2/15/2021 < 0.01%JOHNSON CONTROLS 3/30/2020 < 0.01%HEWLETT-PACK CO 6/01/2021 < 0.01%MEDTRONIC INC < 0.01%APPALACHIAN PWR 3/30/2021 < 0.01%BERKSHIRE HATH 5/15/2042 < 0.01%UNION CARBIDE 10/01/2096 < 0.01%ARROW ELECTRONIC 6/01/2018 < 0.01%AST Portfolio Holdings300 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioMASTR ALTERNATIVE LOANS TRU 2/25/2034 < 0.01%CREDIT SUISSE FIRST BOSTON 6/25/2034 < 0.01%AGL CAPITAL CORP 7/15/2016 < 0.01%FANNIE MAE 6/01/2020 < 0.01%MACYS RETAIL HLD 7/15/2034 < 0.01%EOG RESOURCES IN 3/15/2023 < 0.01%ING US INC 7/15/2022 < 0.01%TELEFONICA EMIS 6/20/2016 < 0.01%DUNKIN' BRANDS GROUP INC < 0.01%SOUTH AFRICAN RAN < 0.01%CHUKCHANSI ECO 5/30/2020 < 0.01%FREDDIE MAC 6/15/2018 < 0.01%TCI COMMUN INC 8/01/2015 < 0.01%ARCELORMITTAL 6/01/2019 < 0.01%FREDDIE MAC 11/15/2023 < 0.01%PACIFIC GAS&ELEC 10/15/2018 < 0.01%SPECTRA PARTNERS 9/25/2018 < 0.01%RIO TINTO FINANC 5/20/2021 < 0.01%BANC OF AMERICA MERRILL LYN 9/15/2026 < 0.01%FREDDIE MAC 10/01/2036 < 0.01%SPRINGLEAF MORTGAGE LOAN TR 6/25/2058 < 0.01%FREDDIE MAC 7/15/2023 < 0.01%APOLLO EDUCATION GROUP INC < 0.01%WALGREEN CO 9/15/2022 < 0.01%BRITISH TEL PLC 12/15/2030 < 0.01%PUB SVC EL & GAS 5/01/2015 < 0.01%HYDRO-QUEBEC 1/15/2022 < 0.01%STRUCTURED ASSET SECURITIES 9/25/2018 < 0.01%FLUOR CORP 9/15/2021 < 0.01%INTEL CORP 10/01/2041 < 0.01%CITICORP MORTGAGE SECURITIE 10/25/2036 < 0.01%STRUCTURED ASSET SECURITIES 11/25/2033 < 0.01%FREDDIE MAC 6/15/2018 < 0.01%SANDRIDGE ENERGY 3/15/2021 < 0.01%GOVERNMENT NATIONAL MORTGAG 6/20/2036 < 0.01%COX ENTERPRISES 7/15/2027 < 0.01%ORACLE CORP 7/08/2039 < 0.01%AGL CAPITAL CORP 9/15/2021 < 0.01%USI, INC. (COMPASS INVESTOR 12/27/2019 < 0.01%FANNIE MAE 5/01/2028 < 0.01%UNITED RENTAL NA 11/15/2024 < 0.01%FANNIE MAE 8/25/2042 < 0.01%FIELDWOOD ENERGY 9/30/2020 < 0.01%MASTR ALTERNATIVE LOANS TRU 11/25/2018 < 0.01%DENALI BORROW LL 10/15/2020 < 0.01%STRUCTURED ASSET SECURITIES 6/25/2033 < 0.01%CLARKE AMERICAN CORP 6/30/2017 < 0.01%VIACOM INC 3/01/2021 < 0.01%CDX OTC 0.270% CMBX.NA.AA.3 12/13/2049 < 0.01%CLEVE ELEC ILLUM 11/15/2018 < 0.01%PHILIPS ELECTRON 3/15/2022 < 0.01%WALTER INVESTMENT MANAGEMEN 12/18/2020 < 0.01%IBM CORP 7/22/2016 < 0.01%FANNIE MAE 5/01/2037 < 0.01%Security% of PortfolioQUEBEC PROVINCE 1/30/2026 < 0.01%GMAC LLC 11/01/2031 < 0.01%DELL, INC 4/29/2020 < 0.01%ILFC E-CAP TRUST 12/21/2065 < 0.01%DANAHER CORP 6/23/2021 < 0.01%VERICREST OPPORTUNITY LOAN 11/25/2053 < 0.01%S FRWD CLP 5 9/10/2014 < 0.01%SAN DIEGO G & E 6/01/2026 < 0.01%STATOIL ASA 1/17/2023 < 0.01%UBS AG STAMFORD 4/25/2018 < 0.01%FREDDIE MAC 2/15/2035 < 0.01%ALCATEL-LUCENT USA INC. 1/30/2019 < 0.01%UBS AG STAMFORD 1/15/2015 < 0.01%FIFTH THIRD BANK 3/01/2038 < 0.01%NATL RURAL UTIL 11/01/2018 < 0.01%CITIGROUP MORTGAGE LOAN TRU 12/25/2036 < 0.01%TALISMAN ENERGY 5/15/2042 < 0.01%KROGER CO/THE 4/01/2031 < 0.01%NABORS INDS INC 9/15/2021 < 0.01%CNA FINANCIAL 8/15/2020 < 0.01%T-MOBILE USA INC 4/01/2023 < 0.01%US BANCORP 5/24/2021 < 0.01%INTELSAT JACKSON 8/01/2023 < 0.01%PECO ENERGY CO 9/15/2022 < 0.01%STANWICH MORTGAGE LOAN TRUS 9/15/2042 < 0.01%FANNIE MAE 1/25/2040 < 0.01%JP MORGAN MORTGAGE TRUST 9/25/2020 < 0.01%WELLPOINT INC 1/15/2043 < 0.01%BEAR STEARNS ADJUSTABLE RAT 2/25/2036 < 0.01%CIGNA CORP 2/15/2042 < 0.01%RITE AID CORP. 6/21/2021 < 0.01%RESIDENTIAL FUNDING MTG SEC 9/25/2036 < 0.01%INTELLIGRATED INC 7/30/2018 < 0.01%SNAAC AUTO RECEIVABLES TRUS 7/16/2018 < 0.01%GOVERNMENT NATIONAL MORTGAG 9/20/2038 < 0.01%FANNIE MAE 7/01/2036 < 0.01%FREDDIE MAC 9/15/2026 < 0.01%BURLINGTON NORTH 3/15/2043 < 0.01%ACCREDITED MORTGAGE LOAN TR 9/25/2036 < 0.01%B DSC 02 10/02/2014 < 0.01%GOVERNMENT NATIONAL MORTGAG 12/20/2032 < 0.01%BERRY PLASTICS 1/15/2021 < 0.01%GENERAL GROWTH PROPERTIES < 0.01%TIME WARNER CABLE < 0.01%ERAC USA FINANCE 6/01/2034 < 0.01%STRUCTURED ASSET SECURITIES 2/25/2032 < 0.01%CHESAPEAKE ENRGY 12/15/2018 < 0.01%INTELSAT LUXEMB 6/01/2023 < 0.01%CHESAPEAKE ENRGY 8/15/2017 < 0.01%BHP FINANCE USA 9/30/2018 < 0.01%BERKSHIRE HATH 12/15/2015 < 0.01%SIMON PROP GP LP 2/01/2040 < 0.01%LOWES COMPANIES 4/15/2042 < 0.01%FANNIE MAE 7/25/2035 < 0.01%AST Portfolio Holdings301 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioFREDDIE MAC 10/15/2040 < 0.01%NOVELIS INC 12/15/2020 < 0.01%HALLIBURTON CO 8/15/2096 < 0.01%NETFLIX INC < 0.01%JOHN DEERE CAP 4/17/2019 < 0.01%US BANCORP 3/15/2022 < 0.01%FANNIE MAE 6/25/2037 < 0.01%NEW CENTURY HOME EQUITY LOA 8/25/2036 < 0.01%PETROBRAS 5/20/2023 < 0.01%PAETEC HOLDING 12/01/2018 < 0.01%HERTZ CORP 10/15/2020 < 0.01%MORGAN STANLEY 1/25/2021 < 0.01%FANNIE MAE 1/01/2036 < 0.01%K HOVNANIAN ENTR 10/15/2015 < 0.01%BURLINGTON NORTH 6/01/2041 < 0.01%FANNIE MAE 3/25/2039 < 0.01%AETNA INC 12/15/2037 < 0.01%GOVERNMENT NATIONAL MORTGAG 4/20/2037 < 0.01%ROGERS COMM INC 10/01/2043 < 0.01%STRUCTURED ADJUSTABLE RATE 6/25/2034 < 0.01%NEWS AMER HLDGS 10/30/2025 < 0.01%EQUITY ONE ABS INC 9/25/2033 < 0.01%MOSAIC CO 11/15/2023 < 0.01%AON CORP 5/27/2016 < 0.01%COMMONWEALTH REI 9/15/2020 < 0.01%ALABAMA POWER CO 12/01/2042 < 0.01%PROLOGIS LP 3/15/2020 < 0.01%DOW CHEMICAL CO 5/15/2019 < 0.01%HERTZ CORP 1/15/2021 < 0.01%NEWS AMERICA INC 11/30/2028 < 0.01%DOW CHEMICAL CO 11/15/2021 < 0.01%WELLS FARGO MORTGAGE BACKED 9/25/2036 < 0.01%MET LIFE GLOB 6/14/2018 < 0.01%MASSMUTUAL GLBL 10/17/2022 < 0.01%NEWS AMER HLDGS 10/01/2026 < 0.01%INGERSOLL-RND GL 1/15/2019 < 0.01%DISC NOTE 1/08/2015 < 0.01%AUST & NZ BANK 3/01/2016 < 0.01%NIPPON TEL & TEL 7/18/2017 < 0.01%LENNAR CORP 6/01/2017 < 0.01%MILACRON/MCRON 2/15/2021 < 0.01%PETROBRAS INTL 1/27/2021 < 0.01%TOTAL CAP INTL 1/15/2024 < 0.01%CUMULUS MEDIA 12/23/2020 < 0.01%AIR CAN 2013-1A 5/15/2025 < 0.01%LANCASHIRE HOLDINGS LTD < 0.01%GOVERNMENT NATIONAL MORTGAG 1/20/2039 < 0.01%PHILIP MORRIS IN 11/15/2043 < 0.01%ULTRAPETROL 6/15/2021 < 0.01%CONSUMERS ENERGY 4/15/2020 < 0.01%UPSTATE NY POWER 6/15/2017 < 0.01%BANK NOVA SCOTIA 1/22/2015 < 0.01%CSX CORP 2/01/2019 < 0.01%ALLSTATE CORP 6/15/2023 < 0.01%Security% of PortfolioFANNIE MAE 3/25/2039 < 0.01%ATMOS ENERGY 10/15/2014 < 0.01%ARIZONA PUB SERV 9/01/2041 < 0.01%FREDDIE MAC 11/15/2016 < 0.01%DUKE ENERGY CAR 11/15/2018 < 0.01%FANNIE MAE 4/25/2036 < 0.01%INTL WIRE GROUP 10/15/2017 < 0.01%ADJUSTABLE RATE MORTGAGE TR 9/25/2035 < 0.01%GOVERNMENT NATIONAL MORTGAG 1/20/2036 < 0.01%INVESCO FIN PLC 1/30/2024 < 0.01%NFR ENERGY 12/31/2018 < 0.01%ON SEMICONDUCTOR 1/02/2018 < 0.01%NATL CITY CORP 5/15/2019 < 0.01%FREDDIE MAC 5/01/2036 < 0.01%GOVERNMENT NATIONAL MORTGAG 9/20/2038 < 0.01%TORONTO DOM BANK 7/29/2015 < 0.01%SPRINT NEXTEL 8/15/2020 < 0.01%LOWES COMPANIES 10/15/2035 < 0.01%JP MORGAN MORTGAGE TRUST 11/25/2033 < 0.01%FREDDIE MAC 2/15/2026 < 0.01%COUNTRYWIDE ALTERNATIVE LOA 8/25/2033 < 0.01%AMERICAN CREDIT ACCEPTANCE 7/15/2016 < 0.01%(L) CDX HY 22 V1 1% 6/20/2019 < 0.01%S FRWD NOK 9/10/2014 < 0.01%FREDDIE MAC 3/15/2032 < 0.01%SEARS 6/30/2018 < 0.01%RYDER SYSTEM INC 3/01/2017 < 0.01%EBAY INC 7/15/2017 < 0.01%FANNIE MAE 4/25/2043 < 0.01%DIAGEO CAP PLC 5/11/2017 < 0.01%ERAC USA FINANCE 8/16/2021 < 0.01%GOVERNMENT NATIONAL MORTGAG 11/20/2034 < 0.01%COMMERCIAL METAL 8/15/2018 < 0.01%GOLDMAN SACHS GP 1/18/2018 < 0.01%KEYCORP 3/24/2021 < 0.01%SG MORTGAGE SECURITIES TRUS 2/25/2036 < 0.01%TALOS PRODUCTION 2/15/2018 < 0.01%MASTR ALTERNATIVE LOANS TRU 8/25/2035 < 0.01%INVENTIV HEALTH 8/15/2018 < 0.01%AGL CAPITAL CORP 3/15/2041 < 0.01%JAPANESE YEN < 0.01%AVIS BUDGET CAR 3/15/2020 < 0.01%NUCOR CORP 8/01/2023 < 0.01%ARROW ELECTRONIC 4/01/2020 < 0.01%WASTE MANAGEMENT 6/30/2020 < 0.01%BP CAPITAL PLC 3/11/2021 < 0.01%SPEEDY CASH INT 5/15/2018 < 0.01%GOVERNMENT NATIONAL MORTGAG 7/20/2038 < 0.01%FANNIE MAE 2/25/2043 < 0.01%HEINEKEN NV 10/01/2017 < 0.01%NBCUNIVERSAL MED 4/01/2041 < 0.01%UNIT CORP 5/15/2021 < 0.01%ERP OPERATING LP 8/01/2016 < 0.01%FANNIE MAE 9/01/2022 < 0.01%AST Portfolio Holdings302 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioS FRWD CHF 9/10/2014 < 0.01%PPL CAPITAL FDG 6/01/2043 < 0.01%SCHLUMBERGER INV 9/14/2021 < 0.01%PACIFIC GAS&ELEC 8/15/2022 < 0.01%FREDDIE MAC 8/15/2043 < 0.01%SUNGARD DATA 11/01/2019 < 0.01%BLUEWATER HOLD 12/10/2019 < 0.01%AMERICAN TOWER 1/31/2023 < 0.01%SOUTHERN CO 9/01/2016 < 0.01%STATE STREET COR 5/15/2023 < 0.01%VIACOM INC 7/30/2030 < 0.01%FREDDIE MAC 8/15/2042 < 0.01%APACHE CORP 2/01/2021 < 0.01%COUNTRYWIDE ALTERNATIVE LOA 12/25/2036 < 0.01%SAGE PRODUCTS INC 12/13/2019 < 0.01%RIO TINTO FINANC 9/20/2021 < 0.01%FANNIE MAE 5/01/2017 < 0.01%SPRINGLEAF MORTGAGE LOAN TR 12/25/2059 < 0.01%AMER EXPRESS CR 9/19/2016 < 0.01%CANADIAN DOLLAR < 0.01%WCI COMMUNITIES 8/15/2021 < 0.01%BOSTON GAS CO 2/15/2042 < 0.01%CASELLA WASTE 2/15/2019 < 0.01%GOVERNMENT NATIONAL MORTGAG 4/20/2034 < 0.01%TOPS HLDG/MKTS 12/15/2017 < 0.01%CMS ENERGY 6/15/2019 < 0.01%ONCOR ELECTRIC 1/15/2015 < 0.01%RIDGEBURY CRUDE 3/20/2017 < 0.01%CONTINENTAL BUILDING PRODUC 8/28/2020 < 0.01%FREDDIE MAC 5/15/2039 < 0.01%CNA FINANCIAL 12/15/2014 < 0.01%CNG HOLDINGS INC 5/15/2020 < 0.01%PROGRESS ENERGY 1/15/2021 < 0.01%DUPONT PERFORMANCE (AXALTA) 2/01/2020 < 0.01%SABINE PASS LIQU 5/15/2024 < 0.01%AMERICAN EXPRESS CO < 0.01%SWIFT ENERGY CO 6/01/2017 < 0.01%SPRINGLEAF MORTGAGE LOAN TR 6/25/2058 < 0.01%FREDDIE MAC 9/01/2036 < 0.01%DISCOVERY COMMUN 5/15/2042 < 0.01%PACCAR FINL CORP 3/15/2017 < 0.01%SPRINGLEAF MORTGAGE LOAN TR 6/25/2058 < 0.01%SIERRA PAC POWER 8/15/2023 < 0.01%CONSUMERS ENERGY 5/15/2022 < 0.01%QUIKRETE HOLDINGS INC 9/28/2020 < 0.01%MACDERMID 6/07/2020 < 0.01%BLUELINE RENTAL 2/01/2019 < 0.01%CAROLINA P & L 3/15/2043 < 0.01%L FRWD AUD 8/08/2014 < 0.01%DELTA AIR 2010-2 5/23/2019 < 0.01%CBS CORP 7/01/2042 < 0.01%KINETIC CONCEPTS, INC. 5/04/2018 < 0.01%FREDDIE MAC 5/15/2033 < 0.01%JOHN DEERE CAP 10/10/2017 < 0.01%Security% of PortfolioFREDDIE MAC 6/15/2039 < 0.01%FREDDIE MAC 4/15/2038 < 0.01%SOUTHERN CAL ED 3/15/2040 < 0.01%GARDA WORLD SECU 11/15/2021 < 0.01%DUKE ENERGY IND 7/15/2020 < 0.01%MASONITE INTL 4/15/2021 < 0.01%OCEAN RIG UDW 4/01/2019 < 0.01%FANNIE MAE 2/25/2039 < 0.01%M/I HOMES INC 11/15/2018 < 0.01%RESIDENTIAL ACCREDIT LOANS, 8/25/2018 < 0.01%US TREASURY N/B 5/15/2021 < 0.01%KROGER CO/THE 1/15/2017 < 0.01%FANNIE MAE 11/25/2039 < 0.01%FREDDIE MAC 11/15/2024 < 0.01%GOVERNMENT NATIONAL MORTGAG 8/20/2039 < 0.01%TOTAL CAP INTL 6/28/2017 < 0.01%PEPSICO INC 8/25/2021 < 0.01%FREDDIE MAC 1/15/2038 < 0.01%PRINCIPAL LFE II 12/11/2015 < 0.01%HARLAND CLARKE HOLDINGS COR 8/04/2019 < 0.01%CENTERPOINT ENER 1/15/2021 < 0.01%BROOKFIELD RESID 7/01/2022 < 0.01%ENERGY XXI GULF 12/15/2021 < 0.01%INDYMAC RESIDENTIAL ASSET B 11/25/2036 < 0.01%CSX CORP 4/01/2015 < 0.01%ELLINGTON LOAN ACQUISITION 5/28/2037 < 0.01%JBS USA LLC/JBS 6/01/2021 < 0.01%STANDRD PAC CORP 1/15/2021 < 0.01%FANNIE MAE 5/25/2039 < 0.01%FANNIE MAE 10/01/2036 < 0.01%ENTERCOM RADIO, LLC 11/23/2018 < 0.01%DEVON ENERGY 7/15/2041 < 0.01%FANNIE MAE 8/25/2017 < 0.01%NII CAPITAL CORP 4/01/2021 < 0.01%SAMSON INVESTMEN 2/15/2020 < 0.01%FREDDIE MAC 10/15/2042 < 0.01%FIRST DATA HLDGS 9/24/2019 < 0.01%FRANCE TELECOM 9/14/2016 < 0.01%FREDDIE MAC 2/15/2039 < 0.01%HCA HOLDINGS INC 2/15/2021 < 0.01%WELLS FARGO ALTERNATIVE LOA 10/25/2035 < 0.01%HCP INC 2/01/2021 < 0.01%CREDIT SUISSE FIRST BOSTON 4/25/2034 < 0.01%ALLIANCE LAUNDRY SYSTEMS LL 12/10/2018 < 0.01%FANNIE MAE 10/25/2035 < 0.01%SUN MERGER SUB 8/01/2018 < 0.01%CISCO SYSTEMS 1/15/2020 < 0.01%ADT CORP 10/15/2021 < 0.01%GOVERNMENT NATIONAL MORTGAG 9/20/2038 < 0.01%NAVIOS SA LOGIST 5/01/2022 < 0.01%GOVERNMENT NATIONAL MORTGAG 3/20/2036 < 0.01%WELLS FARGO MORTGAGE BACKED 2/25/2034 < 0.01%BB&T CORPORATION 6/30/2017 < 0.01%ROC FINANCE LLC 6/20/2019 < 0.01%AST Portfolio Holdings303 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioFANNIE MAE 4/25/2040 < 0.01%BURLINGTON NORTH 9/01/2042 < 0.01%OASIS PETROLEUM 3/15/2022 < 0.01%NORFOLK SOUTHERN 5/17/2025 < 0.01%POST HOLDINGS IN 12/01/2021 < 0.01%S FRWD EUR 8/08/2014 < 0.01%NII INTL TELECOM 8/15/2019 < 0.01%AMER EXPRESS CR 3/24/2017 < 0.01%RYDER SYSTEM INC 3/01/2016 < 0.01%CHS/COMMUNITY 7/15/2020 < 0.01%DUPONT EI NEMOUR 2/15/2043 < 0.01%FANNIE MAE 8/25/2041 < 0.01%CELGENE CORP 8/15/2022 < 0.01%FIRST DATA CORP 11/01/2020 < 0.01%APPVION INC 6/28/2019 < 0.01%CONTL AIRLINES 10/29/2024 < 0.01%CITIGROUP MORTGAGE LOAN TRU 12/25/2020 < 0.01%HILTON WORLDWIDE 10/15/2021 < 0.01%SHINGLE SPRINGS 9/01/2021 < 0.01%FREDDIE MAC 9/15/2037 < 0.01%UNIFRAX I LLC/UN 2/15/2019 < 0.01%BANK OF AMER CRP 5/13/2021 < 0.01%CRH AMERICA INC 9/30/2016 < 0.01%TRANS-CANADA PL 10/16/2023 < 0.01%BLACKROCK INC 6/01/2022 < 0.01%FANNIE MAE 4/25/2023 < 0.01%FANNIE MAE 4/25/2039 < 0.01%SPRINGLEAF MORTGAGE LOAN TR 12/25/2059 < 0.01%WASTE MANAGEMENT 3/01/2021 < 0.01%GMAC CAP TR I < 0.01%BAE SYSTEMS HLDG 6/01/2019 < 0.01%FIRST DATA CORP 9/24/2018 < 0.01%HECLA MINING CO 5/01/2021 < 0.01%FANNIE MAE 5/25/2038 < 0.01%CITIGROUP INC 9/13/2043 < 0.01%GSAA HOME EQUITY TRUST 4/25/2047 < 0.01%COEUR D'ALENE 2/01/2021 < 0.01%SENECA GAMING 12/01/2018 < 0.01%COMSTOCK RES INC 4/01/2019 < 0.01%FANNIE MAE 8/25/2039 < 0.01%BANK OF AMER CRP 5/01/2018 < 0.01%STATOIL ASA 1/23/2022 < 0.01%MERCK & CO INC 9/15/2022 < 0.01%MAGELLAN MID 10/15/2043 < 0.01%MEMORIAL RESOURC 7/01/2022 < 0.01%SEMINOLE INC/LLC 5/15/2021 < 0.01%S FRWD JPY 1 9/10/2014 < 0.01%TENET HEALTHCARE 10/01/2020 < 0.01%GSAMP TRUST 12/25/2046 < 0.01%US CONCRETE INC < 0.01%SEALED AIR CORP 12/01/2020 < 0.01%FREDDIE MAC 7/15/2037 < 0.01%AMGEN INC 2/01/2039 < 0.01%GOVERNMENT NATIONAL MORTGAG 3/20/2041 < 0.01%Security% of PortfolioMATTAMY GROUP 11/15/2020 < 0.01%WINDSTREAM CORP 6/01/2022 < 0.01%CCM MERGER, INC (BL) 3/01/2017 < 0.01%LIBERTY MUTUAL 6/01/2021 < 0.01%MASS MUTUAL LIFE 12/01/2041 < 0.01%IASIS HEALTHCARE 5/15/2019 < 0.01%SANTANDER DRIVE AUTO RECEIV 4/15/2016 < 0.01%CHEVRON CORP 6/24/2023 < 0.01%FANNIE MAE 5/25/2036 < 0.01%ERAC USA FINANCE 3/15/2042 < 0.01%CHG HEALTHCARE SERVICES 11/19/2019 < 0.01%FIRST QUANTUM 2/15/2020 < 0.01%GOVERNMENT NATIONAL MORTGAG 4/20/2040 < 0.01%FREDDIE MAC 8/15/2038 < 0.01%FREESCALE SEMICONDUCTOR INC 3/01/2020 < 0.01%EQUINIX INC 4/01/2020 < 0.01%CDX OTC 0.270% CMBX.NA.AA.3 12/13/2049 < 0.01%US WEST CAP FDG 7/15/2028 < 0.01%GRATON ECONOMIC 9/01/2019 < 0.01%LEHMAN XS TRUST 12/25/2036 < 0.01%WELLS FARGO MORTGAGE BACKED 11/25/2021 < 0.01%FANNIE MAE 5/25/2038 < 0.01%RESIDENTIAL ACCREDIT LOANS, 12/25/2046 < 0.01%MERRILL LYNCH MORTGAGE INVE 4/25/2047 < 0.01%WISC ELEC POWER 12/15/2042 < 0.01%FREDDIE MAC 3/15/2038 < 0.01%CSX CORP 6/01/2021 < 0.01%BLACKROCK INC 3/18/2024 < 0.01%BHP FINANCE USA 2/24/2017 < 0.01%REVLON CONS PROD 2/15/2021 < 0.01%RESIDENTIAL ACCREDIT LOANS, 11/25/2018 < 0.01%K HOVNANIAN ENTR 11/15/2020 < 0.01%BAXTER INTL 6/15/2018 < 0.01%L FRWD ZAR 9/10/2014 < 0.01%PUB SVC EL & GAS 9/01/2042 < 0.01%UNTD AIR 2013-1 8/15/2025 < 0.01%STRUCTURED ASSET INVESTMENT 9/25/2035 < 0.01%UNITED PARCEL 10/01/2022 < 0.01%LUCENT TECH 3/15/2029 < 0.01%FANNIE MAE 3/25/2040 < 0.01%PACIFIC GAS&ELEC 4/15/2042 < 0.01%CON EDISON NY 3/15/2042 < 0.01%AMER HONDA FIN 10/10/2018 < 0.01%NATIONSTAR MORT/ 5/01/2019 < 0.01%TRANS-CANADA PL 8/01/2022 < 0.01%FREDDIE MAC 6/15/2042 < 0.01%HARRON COMM LP 4/01/2020 < 0.01%DELTA AIR 2012-1 5/07/2020 < 0.01%JB POINDEXTER 4/01/2022 < 0.01%SECURITIZED ASSET BACKED RE 1/25/2037 < 0.01%MTR GAMING GROUP 8/01/2019 < 0.01%DOWNSTREAM DEVEL 7/01/2019 < 0.01%FREDDIE MAC 8/15/2038 < 0.01%MERITAGE HOMES 4/01/2022 < 0.01%AST Portfolio Holdings304 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioEMDEON INC. 11/02/2018 < 0.01%BEV PCK HD LU/IN 12/15/2016 < 0.01%CONSTELLATION BR 5/01/2023 < 0.01%NATIONAL FINANCIAL PARTNERS 7/01/2020 < 0.01%KROGER CO/THE 12/15/2018 < 0.01%US STEEL CORP 2/01/2018 < 0.01%NAVIOS MARITIME PARTNERS 6/27/2018 < 0.01%COMSTOCK RES INC 6/15/2020 < 0.01%COVENANT SURGICA 8/01/2019 < 0.01%UNITED TECH CORP 6/01/2022 < 0.01%BANC OF AMERICA MORTGAGE SE 5/25/2034 < 0.01%FANNIE MAE 4/25/2040 < 0.01%CPS AUTO TRUST 3/15/2019 < 0.01%STEEL DYNAMICS 8/15/2022 < 0.01%STEEL DYNAMICS 8/15/2019 < 0.01%CBS CORP 5/15/2019 < 0.01%AGL CAPITAL CORP 6/01/2043 < 0.01%PSEG POWER LLC 11/15/2023 < 0.01%REXNORD 8/21/2020 < 0.01%FANNIE MAE 11/25/2039 < 0.01%HALCON RESOURCES 2/15/2022 < 0.01%GSAA HOME EQUITY TRUST 3/25/2047 < 0.01%FIRST DATA CORP 6/15/2019 < 0.01%FANNIE MAE 10/25/2033 < 0.01%HANGER ORTHOPED 11/15/2018 < 0.01%NEW GOLD INC 11/15/2022 < 0.01%PINNACLE ENTERTA 8/01/2021 < 0.01%ARAMARK SERV INC 3/15/2020 < 0.01%PRECISION CASTPARTS CORP < 0.01%STATOIL ASA 11/23/2041 < 0.01%COMERICA INC 9/16/2015 < 0.01%ISLE OF CAPRI 3/15/2021 < 0.01%LINN ENERGY LLC 4/15/2020 < 0.01%SANMINA-SCI CORP 5/15/2019 < 0.01%GENWORTH FINL 6/15/2020 < 0.01%AK STEEL CORP 12/01/2018 < 0.01%GOVERNMENT NATIONAL MORTGAG 1/16/2040 < 0.01%CONAGRA INC 3/15/2018 < 0.01%ATTACHMATE CORP 11/22/2017 < 0.01%LEVEL 3 FIN INC 6/01/2020 < 0.01%FREDDIE MAC 4/15/2037 < 0.01%FANNIEMAE STRIP 10/01/2037 < 0.01%RIO TINTO FINANC 11/02/2020 < 0.01%RADIO SYSTEMS CO 11/01/2019 < 0.01%XEROX CORP 5/15/2021 < 0.01%B DSC 02 10/02/2014 < 0.01%US TBILL .080955% 5/28/2015 < 0.01%AES CORP 6/01/2019 < 0.01%ACE CASH EXPRESS 2/01/2019 < 0.01%T-MOBILE USA INC 4/01/2021 < 0.01%SYNIVERSE HOLDINGS INC. 4/23/2019 < 0.01%DUPONT EI NEMOUR 1/15/2016 < 0.01%CHASE FUNDING MORTGAGE LOAN 11/25/2034 < 0.01%FREDDIE MAC 9/15/2039 < 0.01%Security% of PortfolioFIRST DATA CORP 8/15/2021 < 0.01%BANC OF AMERICA FUNDING COR 11/25/2035 < 0.01%FREDDIE MAC 3/15/2017 < 0.01%ARIZONA PUB SERV 4/01/2042 < 0.01%SIMON PROP GP LP 12/01/2021 < 0.01%CERIDIAN CORP 8/14/2015 < 0.01%VIASYSTEMS INC 5/01/2019 < 0.01%FANNIE MAE 3/25/2039 < 0.01%PIONEER DRILL 3/15/2018 < 0.01%FANNIE MAE 3/25/2024 < 0.01%FANNIE MAE 7/25/2036 < 0.01%GSR MORTGAGE LOAN TRUST 2/25/2036 < 0.01%AM AIRLN PT TRST 1/31/2021 < 0.01%FREEPORT-MC C&G 3/15/2023 < 0.01%PHILLIPS 66 5/01/2017 < 0.01%VIKCRU-CALL 8/15/2018 < 0.01%MEDCO HEALTH SOL 9/15/2015 < 0.01%LEHMAN XS TRUST 11/25/2035 < 0.01%ROSETTA RESOURCE 6/01/2022 < 0.01%FRONTIER COMM 7/01/2021 < 0.01%UNITEDHEALTH GRP 2/15/2023 < 0.01%WESTGATE RESORTS 9/20/2025 < 0.01%JARDEN CORP 5/01/2017 < 0.01%FREDDIE MAC 10/15/2027 < 0.01%GSAMP TRUST 9/25/2036 < 0.01%FREDDIE MAC 1/15/2042 < 0.01%HARBORVIEW MORTGAGE LOAN TR 12/19/2034 < 0.01%FREDDIE MAC 4/15/2037 < 0.01%LOWES COMPANIES 11/15/2041 < 0.01%REX ENERGY CORP 12/01/2020 < 0.01%FANNIE MAE 4/25/2036 < 0.01%PARKER DRILLING 8/01/2020 < 0.01%WELLS FARGO MORTGAGE BACKED 1/25/2036 < 0.01%T-MOBILE USA INC 4/28/2023 < 0.01%QUAD/GRAPHICS 5/01/2022 < 0.01%EATON CORP 11/02/2017 < 0.01%STATOIL ASA 1/17/2018 < 0.01%WESTMORELAND CO 2/01/2018 < 0.01%PSEG POWER LLC 9/15/2021 < 0.01%ALLIANCE HEALTHCARE SERVICE 6/03/2019 < 0.01%NOMURA HOME EQUITY LOAN INC 3/25/2036 < 0.01%FREDDIE MAC 6/15/2038 < 0.01%MASTR ASSET BACKED SECURITI 4/25/2036 < 0.01%CREDIT-BASED ASSET SERVICIN 5/25/2036 < 0.01%FREDDIE MAC 6/15/2039 < 0.01%DEUTSCHE ALT-A SECURITIES I 2/25/2035 < 0.01%DETROIT EDISON 6/15/2022 < 0.01%ZOETIS INC 2/01/2018 < 0.01%GEN ELECTRIC CO 10/09/2022 < 0.01%ONEX USI AC 1/15/2021 < 0.01%IMPERIAL METALS 3/15/2019 < 0.01%FANNIE MAE 10/25/2032 < 0.01%ALERIS INTL 11/01/2020 < 0.01%SHELF DRILLING MIDCO TL 10/08/2018 < 0.01%AST Portfolio Holdings305 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioH&E EQUIPMENT 9/01/2022 < 0.01%IGLOO HOLDINGS 12/15/2017 < 0.01%TELEFONICA EMIS 2/16/2021 < 0.01%BANK OF NY MELLO 1/15/2015 < 0.01%CRESTVIEW DS MRG 9/01/2021 < 0.01%ADVANCED MICRO D 3/01/2019 < 0.01%ALBERTSON'S INC 5/01/2031 < 0.01%PRESTIGE BRANDS 12/15/2021 < 0.01%DELTA AIR 2011-1 4/15/2019 < 0.01%NEXTERA ENERGY 9/01/2015 < 0.01%FIELDSTONE MORTGAGE INVESTM 7/25/2036 < 0.01%ROSETTA RESOURCE 6/01/2024 < 0.01%S FRWD AUD 9/10/2014 < 0.01%DTE ENERGY CO 12/01/2023 < 0.01%GENCORP INC 3/15/2021 < 0.01%JBS USA LLC/JBS 2/01/2020 < 0.01%RABOBANK 1/19/2017 < 0.01%FREDDIE MAC 4/15/2037 < 0.01%AUDATEX NORTH AM 6/15/2021 < 0.01%VIDEOTRON LTD 6/15/2024 < 0.01%FANNIE MAE 8/25/2042 < 0.01%FRONTIER COMM 4/15/2022 < 0.01%IXIS REAL ESTATE CAPITAL TR 9/25/2035 < 0.01%ALLIANCE HEALTHCARE SERVICE 6/03/2019 < 0.01%AMERICAN WATER 12/01/2042 < 0.01%SITEL LLC 8/01/2017 < 0.01%CDS WITH MSCS 1% 9/20/2019 < 0.01%LEHMAN MORTGAGE TRUST 8/25/2021 < 0.01%ALLIANCE HEALTHCARE SERVICE 6/03/2019 < 0.01%JBS USA LLC/JBS 6/01/2021 < 0.01%CCO HOLDINGS LLC 4/30/2020 < 0.01%GOVERNMENT NATIONAL MORTGAG 11/16/2038 < 0.01%SPECTRUM BRANDS 11/15/2022 < 0.01%ALCOA INC 7/15/2018 < 0.01%KODIAK OIL 2/01/2022 < 0.01%FANNIE MAE 10/25/2039 < 0.01%HOME EQUITY ASSET TRUST 7/25/2035 < 0.01%ACE SECURITIES CORP. 12/25/2036 < 0.01%TASEKO MINES LTD 4/15/2019 < 0.01%COUNTRYWIDE ALTERNATIVE LOA 7/25/2025 < 0.01%SPECTRA PARTNERS 9/25/2043 < 0.01%ATWOOD OCEANICS 2/01/2020 < 0.01%TAYLOR MORRISON 4/15/2020 < 0.01%NATIONAL OILWELL 12/01/2017 < 0.01%DEERE & CO 6/08/2022 < 0.01%S FRWD CND 9/10/2014 < 0.01%FREDDIE MAC 11/15/2018 < 0.01%BANC OF AMERICA FUNDING COR 5/20/2036 < 0.01%PRECISION DRILL 11/15/2024 < 0.01%STALLION OILFIELD 6/11/2018 < 0.01%FREDDIE MAC 11/15/2037 < 0.01%FREDDIE MAC 3/15/2042 < 0.01%CHEVRON CORP 12/05/2022 < 0.01%SM ENERGY CO 1/01/2023 < 0.01%Security% of PortfolioUS CONCRETE 12/01/2018 < 0.01%CLAIRE'S STORES 3/15/2020 < 0.01%ALLIANCE HEALTHCARE SERVICE 6/03/2019 < 0.01%TEXAS COMP/TCEH 10/01/2020 < 0.01%DEUTSCHE ALT-A SECURITIES I 2/25/2020 < 0.01%HD SUPPLY INC 7/15/2020 < 0.01%SENSATA TECH BV 10/15/2023 < 0.01%NOVASTAR HOME EQUITY LOAN 9/25/2036 < 0.01%APPVION, INC 6/28/2019 < 0.01%SITEL LLC 4/01/2018 < 0.01%AVAYA INC 3/01/2021 < 0.01%EATON CORP 11/02/2032 < 0.01%ALLIANT TECHSYS 10/01/2021 < 0.01%GUITAR CENTER 4/15/2019 < 0.01%ALBERTSON'S INC 8/01/2029 < 0.01%HARLAND CLARKE HOLDINGS COR 8/04/2019 < 0.01%BANC OF AMERICA FUNDING COR 1/25/2036 < 0.01%EMDEON INC. 11/02/2018 < 0.01%ACMP/ACMP FIN 5/15/2023 < 0.01%ARROW ELECTRONIC 11/01/2015 < 0.01%AON CORP 9/30/2040 < 0.01%PUB SVC NEW HAMP 11/01/2023 < 0.01%SUN MERGER SUB 8/01/2021 < 0.01%CHEMTURA CORP 7/15/2021 < 0.01%S FRWD ZAR 9/10/2014 < 0.01%SPRINT CAP CORP 5/01/2019 < 0.01%ALTICE FINANCING S.A 7/02/2019 < 0.01%FIRST HORIZON MORTGAGE PASS 9/25/2018 < 0.01%CAPSUGEL SA 5/15/2019 < 0.01%FREDDIE MAC 7/15/2042 < 0.01%RBSSP RESECURITIZATION TRUS 9/26/2036 < 0.01%WORLD WIDE SUPPL 5/26/2017 < 0.01%EXTERRAN PARTNER 10/01/2022 < 0.01%FANNIE MAE 2/25/2039 < 0.01%DUKE ENERGY CAR 1/15/2038 < 0.01%FREDDIE MAC 5/15/2039 < 0.01%CROWN CASTLE 4.875% 4/15/2022 < 0.01%ERP OPERATING-LP 12/15/2021 < 0.01%ALLIANCE HEALTHCARE SERVICE 6/03/2019 < 0.01%FREDDIE MAC 11/15/2039 < 0.01%FANNIE MAE 9/25/2031 < 0.01%SPRINT CORP 9/15/2021 < 0.01%NEXTERA ENERGY 6/01/2015 < 0.01%GRIFFON CORP 3/01/2022 < 0.01%MEG ENERGY CORP 1/30/2023 < 0.01%CBS CORP 4/15/2020 < 0.01%CDS WITH BARC ON ABX_6_V2_A 5/25/2046 < 0.01%FREDDIE MAC 6/15/2040 < 0.01%ALABAMA POWER CO 5/15/2038 < 0.01%WELLS FARGO MORTGAGE BACKED 8/25/2037 < 0.01%S FRWD EUR 9/10/2014 < 0.01%FREESCALE SEMICO 1/15/2022 < 0.01%FREDDIE MAC 4/15/2039 < 0.01%RHP HOTEL PPTY 4/15/2021 < 0.01%AST Portfolio Holdings306 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioFANNIE MAE 12/25/2035 < 0.01%S FRWD EUR 9/10/2014 < 0.01%CCRE CO LP/FIN C 2/15/2018 < 0.01%KGHM INTL 6/15/2019 < 0.01%S FRWD CHF 9/10/2014 < 0.01%FANNIE MAE 8/25/2041 < 0.01%EP ENER/EVEREST 9/01/2022 < 0.01%SOMERSET CAYUGA HOLDING COM < 0.01%PUBLIC SERV COLO 11/15/2020 < 0.01%GOVERNMENT NATIONAL MORTGAG 11/20/2043 < 0.01%REYNOLDS GROUP HOLDINGS 12/01/2018 < 0.01%DEERE & CO 6/09/2042 < 0.01%ENERGY XXI GULF 3/15/2024 < 0.01%REXNORD 8/21/2020 < 0.01%MUSTANG MERGER 8/15/2021 < 0.01%AMSURG CORP 11/30/2020 < 0.01%INGLES MKTS INC 6/15/2023 < 0.01%BLUESCOPE STL LT 5/01/2018 < 0.01%AON CORP 9/30/2015 < 0.01%FANNIE MAE 2/25/2025 < 0.01%CDS WITH CSFI .11% 5/24/2046 < 0.01%WELLPOINT INC 1/15/2023 < 0.01%BROOKFIELD RESID 12/15/2020 < 0.01%FANNIE MAE 10/25/2042 < 0.01%XEROX CORP 3/15/2017 < 0.01%S FRWD EUR 9/26/2014 < 0.01%R.H. DONNELLEY INC 12/31/2016 < 0.01%IGATE CORP 4/15/2019 < 0.01%DOMINION RES 8/01/2041 < 0.01%ALERE INC 6/15/2020 < 0.01%S FRWD CHF 9/10/2014 < 0.01%S FRWD NOK 8/08/2014 < 0.01%FANNIE MAE 5/25/2039 < 0.01%FREDDIE MAC 10/15/2036 < 0.01%LINCOLN NATL CRP 6/24/2021 < 0.01%FANNIE MAE 9/25/2035 < 0.01%ALLIANCE HEALTHCARE SERVICE 6/03/2019 < 0.01%UNITEDHEALTH GRP 10/15/2042 < 0.01%FLOATEL 5/20/2020 < 0.01%CINC BELL INC 10/15/2020 < 0.01%FREDDIE MAC 12/15/2038 < 0.01%FREDDIE MAC 12/15/2040 < 0.01%S FRWD CHF 8/08/2014 < 0.01%PARTNERRE LTD < 0.01%LIVE NATION ENT 9/01/2020 < 0.01%CONSTELLATION BR 5/01/2021 < 0.01%JOHN DEERE CAP 1/15/2020 < 0.01%CONSOL ENERGY 4/01/2020 < 0.01%THE GO DADDY GROUP INC 5/13/2021 < 0.01%USG CORP 11/15/2016 < 0.01%REYNOLDS GROUP HOLDINGS 12/01/2018 < 0.01%S FRWD NOK 8/08/2014 < 0.01%JONES ENERGY HLD 4/01/2022 < 0.01%FANNIE MAE 10/25/2031 < 0.01%Security% of PortfolioADT CORP 7/15/2022 < 0.01%CDS WITH MSCS ON FEDER REPU 9/20/2019 < 0.01%LINCOLN NATL CRP 3/15/2022 < 0.01%ADT CORP 7/15/2042 < 0.01%CDS WITH BOA 11% 5/25/2046 < 0.01%MICROSOFT CORP 11/15/2017 < 0.01%TIME WARNER INC 11/15/2036 < 0.01%RITE AID CORP. 8/21/2020 < 0.01%ANTERO RESOURCES 11/01/2021 < 0.01%15 EURO DOLLAR OP P 12/21/2015 < 0.01%CONAGRA INC 1/25/2016 < 0.01%REALOGY CORP 10/10/2016 < 0.01%B DSC 10 0.0215% 10/02/2014 < 0.01%CELANESE US HLDS 11/15/2022 < 0.01%FANNIE MAE 3/25/2042 < 0.01%SANMINA CORP 6/01/2019 < 0.01%HILCORP ENERGY I 12/01/2024 < 0.01%TALISMAN ENERGY 2/01/2038 < 0.01%S FRWD ZAR 9/10/2014 < 0.01%US WEST COMM 9/15/2025 < 0.01%ANTERO RESOURCES 12/01/2022 < 0.01%FANNIE MAE 3/25/2039 < 0.01%FIRST DATA CORP 1/15/2021 < 0.01%ALCOA INC 2/01/2027 < 0.01%AUTOPARTS HOLDINGS LIMITED 7/29/2017 < 0.01%APACHE CORP 4/15/2022 < 0.01%NEEBO INC 6/30/2016 < 0.01%DUPONT FABROS TE 9/15/2021 < 0.01%FREDDIE MAC 12/15/2039 < 0.01%FREDDIE MAC 2/15/2043 < 0.01%ALON USA PARTNERS, LP 11/26/2018 < 0.01%MEG ENERGY CORPORATION 3/31/2020 < 0.01%PRINCE MINERAL 12/15/2019 < 0.01%S FRWD DKK 8/08/2014 < 0.01%FIRST QUANTUM 2/15/2021 < 0.01%FIRST DATA CORP 1/15/2021 < 0.01%CHESAPEAKE ENRGY 3/15/2016 < 0.01%R.H. DONNELLEY INC 12/31/2016 < 0.01%USG CORP 11/01/2021 < 0.01%CHESAPEAKE ENRGY 8/15/2020 < 0.01%FANNIE MAE 8/25/2032 < 0.01%S FRWD NOK 8/08/2014 < 0.01%FANNIE MAE 1/25/2034 < 0.01%S FRWD EUR 8/08/2014 < 0.01%FIRST DATA CORP 6/15/2021 < 0.01%EURO$ FUT OPT SEPT 15 PUT 9/21/2016 < 0.01%NPC INTERNATIONAL 12/28/2018 < 0.01%FREDDIE MAC 9/15/2039 < 0.01%FREDDIE MAC 9/15/2041 < 0.01%ENTERPRISE PRODU 3/15/2044 < 0.01%FANNIE MAE 10/25/2040 < 0.01%TENET HEALTHCARE 3/01/2019 < 0.01%SIRIUS XM RADIO 10/01/2020 < 0.01%CIMAREX ENERGY 6/01/2024 < 0.01%AST Portfolio Holdings307 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioKROGER CO/THE 7/15/2040 < 0.01%FREDDIE MAC 5/15/2039 < 0.01%S FRWD CHF 8/08/2014 < 0.01%MICRON TECH 2/15/2022 < 0.01%ROSETTA RESOURCE 5/01/2021 < 0.01%LEVEL 3 FIN INC 1/15/2018 < 0.01%CDX OTC 1.090% CMBX.NA.AJ.2 3/15/2049 < 0.01%B DSC 020.0342% 10/02/2014 < 0.01%AMER INTL GROUP 5/15/2058 < 0.01%ERAC USA FINANCE 3/15/2017 < 0.01%AMSTED INDS 3/15/2022 < 0.01%RJS POWER HOLDIN 7/15/2019 < 0.01%FREDDIE MAC 2/15/2021 < 0.01%CERIDIAN CORP 7/15/2019 < 0.01%GREAT PLAINS ENE 6/01/2021 < 0.01%CLARKE AMERICAN CORP 6/30/2017 < 0.01%RIVERS PITTSBURG 6/15/2019 < 0.01%NOBLE HLDG INTL 3/15/2022 < 0.01%FANNIE MAE 10/25/2037 < 0.01%SEVENTY SEVEN 7/15/2022 < 0.01%FANNIE MAE 8/25/2026 < 0.01%FREDDIE MAC 8/15/2042 < 0.01%WELLS ENTERPRISE 2/01/2020 < 0.01%UNITED THERAPEUTICS CORP < 0.01%GOVERNMENT NATIONAL MORTGAG 7/20/2042 < 0.01%S FRWD EUR 9/10/2014 < 0.01%FANNIE MAE 2/25/2024 < 0.01%TIME WARNER INC 3/29/2041 < 0.01%NOKIA OYJ 5/15/2039 < 0.01%FREDDIE MAC 5/15/2036 < 0.01%TALISMAN ENERGY 2/01/2037 < 0.01%MACYS RETAIL HLD 1/15/2042 < 0.01%FANNIE MAE 5/25/2037 < 0.01%ALCOA INC 8/15/2020 < 0.01%S FRWD EUR 8/08/2014 < 0.01%AUDATEX NORTH AM 11/01/2023 < 0.01%FREDDIE MAC 7/15/2039 < 0.01%ARTESYN ESCROW 10/15/2020 < 0.01%CINCINNATI BELL 8/09/2020 < 0.01%CINCINNATI BELL 9/10/2020 < 0.01%US WEST CAP FDG 2/15/2031 < 0.01%CSC HOLDINGS LLC 11/15/2021 < 0.01%FANNIE MAE 1/25/2043 < 0.01%BC MOUNTAIN LLC 2/01/2021 < 0.01%CINCINNATI BELL 8/09/2020 < 0.01%S FRWD JPY 1 9/10/2014 < 0.01%S FRWD NOK 8/08/2014 < 0.01%ENTEGRIS INC 4/01/2022 < 0.01%FANNIE MAE 12/25/2023 < 0.01%FANNIE MAE 9/25/2034 < 0.01%LIFEPOINT HOSPIT 12/01/2021 < 0.01%FREDDIE MAC 5/15/2024 < 0.01%FANNIE MAE 6/25/2036 < 0.01%FANNIE MAE 1/25/2037 < 0.01%Security% of PortfolioUS T-BILL 0.0276% 10/02/2014 < 0.01%INFOR SOFTWARE 5/01/2021 < 0.01%GOVERNMENT NATIONAL MORTGAG 5/20/2043 < 0.01%ENERGY FUTURE INTERMEDIATE 6/19/2016 < 0.01%AES CORP 3/15/2024 < 0.01%REYNOLDS GROUP HOLDINGS 12/01/2018 < 0.01%COGECO CABLE 5/01/2020 < 0.01%S FRWD JPY 1 8/08/2014 < 0.01%FREDDIE MAC 6/15/2038 < 0.01%SANCHEZ ENERGY 1/15/2023 < 0.01%OCI BEAUMONT 8/20/2019 < 0.01%S FRWD AUD 9/10/2014 < 0.01%CDS WITH CSFI 11% 5/25/2046 < 0.01%LCH IRS LIBOR-BBA 1.8025% 6/17/2019 < 0.01%NPC INTERNATIONAL 12/28/2018 < 0.01%GOVERNMENT NATIONAL MORTGAG 9/20/2033 < 0.01%CITIGROUP MORTGAGE LOAN TRU 12/25/2036 < 0.01%KEYCORP < 0.01%S FRWD EUR 9/10/2014 < 0.01%GOVERNMENT NATIONAL MORTGAG 6/20/2041 < 0.01%CAPMARK FINANCIAL GROUP - E 1/01/2041 < 0.01%IRS SWAPTION 2/26/2016 < 0.01%NORWEGIAN KRONE < 0.01%LCH IRS LIBOR-BBA 3.9775% 3/01/2046 < 0.01%CLEAR CHNL WORLD 3/15/2020 < 0.01%ASCENSUS INC 11/15/2020 < 0.01%STANDRD PAC CORP 9/15/2016 < 0.01%WELLS FARGO MORTGAGE BACKED 4/25/2022 < 0.01%FANNIE MAE 11/25/2036 < 0.01%WINDSTREAM CORP 10/15/2020 < 0.01%BELDEN INC 7/15/2024 < 0.01%FANNIE MAE 1/25/2040 < 0.01%AUTOPARTS HOLDINGS LIMITED 1/01/2040 < 0.01%S FRWD EUR 9/10/2014 < 0.01%FREDDIE MAC 11/15/2036 < 0.01%ALUM CO AMERICA 1/15/2028 < 0.01%SOUTHERN GRAPHICS, INC. 10/17/2019 < 0.01%FANNIE MAE 7/25/2035 < 0.01%NCR CORP 7/15/2022 < 0.01%S FRWD NOK 8/11/2014 < 0.01%S FRWD GBP 9/10/2014 < 0.01%CDS WITH UBSL 9/20/2014 < 0.01%S FRWD EUR 8/08/2014 < 0.01%S FRWD CHF 8/08/2014 < 0.01%DOLE FOOD COMPANY 11/01/2018 < 0.01%DOLE FOOD COMPANY, INC 10/09/2020 < 0.01%DOLE FOOD COMPANY, INC 10/09/2020 < 0.01%DOLE FOOD COMPANY, INC 10/09/2020 < 0.01%DOLE FOOD COMPANY, INC 10/09/2020 < 0.01%DOLE FOOD COMPANY, INC 10/09/2020 < 0.01%DOLE FOOD COMPANY, INC 10/09/2020 < 0.01%ALLIANCE HEALTHCARE SERVICE 6/03/2019 < 0.01%CDS WITH BOA .110% 5/25/2046 < 0.01%CERIDIAN/COMDATA 11/15/2017 < 0.01%AST Portfolio Holdings308 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioFANNIE MAE 5/25/2037 < 0.01%ALERIS INTL 2/15/2018 < 0.01%S FRWD AUD 9/10/2014 < 0.01%LENNAR CORP 6/15/2019 < 0.01%BAYTEX ENERGY 6/01/2021 < 0.01%BAYTEX ENERGY 6/01/2024 < 0.01%FANNIE MAE 8/25/2034 < 0.01%S FRWD EUR 8/08/2014 < 0.01%L FRWD SGD 8/08/2014 < 0.01%RESOLUTE FOREST 5/15/2023 < 0.01%TOLL BR FIN CORP 11/01/2019 < 0.01%FANNIE MAE 11/25/2036 < 0.01%FREDDIE MAC 6/15/2036 < 0.01%FREDDIE MAC 5/15/2038 < 0.01%LENNAR CORP 6/01/2018 < 0.01%S FRWD NOK 8/08/2014 < 0.01%S FRWD EUR 9/10/2014 < 0.01%S FRWD GBP 9/10/2014 < 0.01%S FRWD CHF 8/08/2014 < 0.01%S FRWD GBP 8/08/2014 < 0.01%APPVION, INC 6/28/2019 < 0.01%T-MOBILE USA INC 1/15/2024 < 0.01%US AIR 2013-1B 11/15/2021 < 0.01%S FRWD AUD 8/08/2014 < 0.01%NEEBO INC < 0.01%S FRWD JPY 1 8/08/2014 < 0.01%US T-BILL 0.03391% 10/02/2014 < 0.01%TRIUMPH GROUP 4/01/2021 < 0.01%S CROS SEK 8/08/2014 < 0.01%EMDEON INC. 11/02/2018 < 0.01%GOVERNMENT NATIONAL MORTGAG 6/16/2039 < 0.01%FREDDIE MAC 3/15/2032 < 0.01%FREDDIE MAC 9/15/2036 < 0.01%S FRWD GBP 9/10/2014 < 0.01%ENTERCOM RADIO, LLC 11/23/2018 < 0.01%S FRWD GBP 9/10/2014 < 0.01%FANNIE MAE 11/25/2036 < 0.01%HARLAND CLARKE HOLDINGS COR 8/04/2019 < 0.01%S FRWD CHF 8/08/2014 < 0.01%FANNIE MAE 9/25/2037 < 0.01%FREDDIE MAC 5/15/2039 < 0.01%S FRWD GBP 9/10/2014 < 0.01%S FRWD NOK 9/10/2014 < 0.01%BANC OF AMERICA MORTGAGE SE 5/25/2034 < 0.01%S FRWD GBP 9/10/2014 < 0.01%S FRWD CLP 5 8/13/2014 < 0.01%L FRWD GBP 8/08/2014 < 0.01%S FRWD CHF 9/10/2014 < 0.01%FANNIE MAE 5/25/2038 < 0.01%FANNIE MAE 3/25/2035 < 0.01%S FRWD JPY 1 8/08/2014 < 0.01%WISC ELEC POWER 9/15/2021 < 0.01%FANNIEMAE WHOLE LOAN 7/25/2037 < 0.01%FANNIE MAE 11/25/2036 < 0.01%Security% of PortfolioS FRWD EUR 8/08/2014 < 0.01%COMMSCOPE INC 6/15/2024 < 0.01%HARLAND CLARKE HOLDINGS COR 8/04/2019 < 0.01%COMMSCOPE INC 6/15/2021 < 0.01%S FRWD JPY 1 9/10/2014 < 0.01%CITIGROUP INC 8/15/2017 < 0.01%EMDEON INC. 11/02/2018 < 0.01%S FRWD JPY 1 9/10/2014 < 0.01%CDS WITH DEUT 1% 9/20/2019 < 0.01%S FRWD JPY 1 8/08/2014 < 0.01%FANNIE MAE 3/25/2035 < 0.01%S FRWD GBP 8/08/2014 < 0.01%CDS WITH CITI 1% 6/20/2019 < 0.01%S FRWD AUD 8/08/2014 < 0.01%S FRWD AUD 8/08/2014 < 0.01%S FRWD EUR 9/29/2014 < 0.01%DOLE FOOD COMPANY, INC 10/09/2020 < 0.01%S FRWD EUR 9/29/2014 < 0.01%BANC OF AMERICA MORTGAGE SE 11/25/2035 < 0.01%S CROS CHF 8/08/2014 < 0.01%S FRWD JPY 1 8/08/2014 < 0.01%S FRWD GBP 9/10/2014 < 0.01%SOUTHERN GRAPHICS, INC. 10/17/2019 < 0.01%S FRWD GBP 8/08/2014 < 0.01%S CROS GBP 8/08/2014 < 0.01%NPC INTERNATIONAL 12/28/2018 < 0.01%S FRWD SEK 9/29/2014 < 0.01%SOUTHERN GRAPHICS, INC. 10/17/2019 < 0.01%S FRWD ZAR 9/10/2014 < 0.01%ROYAL CARIBBEAN 10/15/2027 < 0.01%L CROS GBP 8/08/2014 < 0.01%S FRWD JPY 1 8/08/2014 < 0.01%S FRWD CLP 5 9/22/2014 < 0.01%L FRWD HK 9/10/2014 < 0.01%CDS OTC 5.000% SUPERVALU IN 3/20/2016 < 0.01%ENTERCOM RADIO, LLC 11/23/2018 < 0.01%ENTERCOM RADIO, LLC 11/23/2018 < 0.01%FANNIE MAE 8/25/2036 < 0.01%CDS WITH MSCS ON ALCOA INC 3/20/2019 < 0.01%(S)LCH IRS LIBOR-BBA 1.541% 12/06/2018 < 0.01%ATTACHMATE CORP 11/22/2017 < 0.01%CDS OTC 5.000% MCCLATCHY CO 3/20/2015 < 0.01%S FRWD AUD 8/08/2014 < 0.01%FANNIE MAE 11/25/2040 < 0.01%CDS OTC 5.000% MCCLATCHY CO 3/20/2015 < 0.01%S FRWD GBP 9/10/2014 < 0.01%FANNIE MAE 1/25/2034 < 0.01%SWEDISH KRONA < 0.01%APPVION, INC 6/28/2019 < 0.01%S FRWD JPY 11/28/2014 < 0.01%S FRWD JPY 1 8/08/2014 < 0.01%S FRWD JPY 11/28/2014 < 0.01%FANNIE MAE 9/25/2037 < 0.01%S FRWD GBP 8/22/2014 < 0.01%AST Portfolio Holdings309 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioS FRWD SEK 9/29/2014 < 0.01%GOVERNMENT NATIONAL MORTGAG 3/17/2033 < 0.01%CDS WITH IOS_10_V1_IOS 1/12/2041 < 0.01%L FRWD GBP 8/08/2014 < 0.01%USG CORP 3/30/2020 < 0.01%FANNIE MAE 6/25/2037 < 0.01%CDS OTC 5.000% SUPERVALU IN 3/20/2016 < 0.01%CDS OTC 5.000% SUPERVALU IN 3/20/2016 < 0.01%S FRWD CND 9/19/2014 < 0.01%WR BERKLEY CORP < 0.01%S FRWD JPY 1 8/08/2014 < 0.01%CDS-ALCOA INC 3/20/2019 < 0.01%GENERAL MARITIME < 0.01%FREDDIE MAC 11/15/2034 < 0.01%CDS WITH BOA 6/20/2019 < 0.01%CDS WITH BOA 6/20/2019 < 0.01%VERTIS INC 12/21/2015 < 0.01%L FRWD GBP 9/29/2014 < 0.01%S FRWD JPY 1 8/08/2014 < 0.01%SINGAPORE DOLLAR < 0.01%S FRWD JPY 9/26/2014 < 0.01%L FRWD NOK 10/03/2014 < 0.01%S FRWD CND 8/22/2014 < 0.01%CDX OTC 0.500% CMBX.NA.AM.1 10/12/2052 < 0.01%ALLIANCE LAUNDRY SYSTEMS LL 12/10/2018 < 0.01%CDS REALOGY 5.0% 9/20/2014 < 0.01%ALLIANCE LAUNDRY SYSTEMS LL 12/10/2018 < 0.01%S FRWD NOK 10/03/2014 < 0.01%ALLIANCE LAUNDRY SYSTEMS LL 12/10/2018 < 0.01%FANNIE MAE 9/25/2032 < 0.01%L FRWD HK 9/10/2014 < 0.01%S FRWD GBP 8/08/2014 < 0.01%L FRWD HK 8/08/2014 < 0.01%L FRWD HK 8/08/2014 < 0.01%CBS OUTDOOR AMERICAS INC < 0.01%DOLE FOOD COMPANY 11/01/2018 < 0.01%RAYONIER ADVANCED MATERIALS < 0.01%ARCH COAL 5/16/2018 < 0.01%CDS CLEAR CHAN 5.0% 9/20/2014 < 0.01%CDS CLEAR CHAN 5.0% 9/20/2014 < 0.01%GM CORP ESCROW SH < 0.01%DYNEGY HOLDING ESCROW 1/01/2040 < 0.01%DYNERGY HOLDINGS ECSCROW 1/01/2040 < 0.01%RM OPCO LLC CMT CONVERTIBLE 1/01/2040 < 0.01%GENERAL MARITIME < 0.01%NEEBO B WARRANTS < 0.01%NEEBO WARRANTS < 0.01%S FRWD HK 8/08/2014 < 0.01%S FRWD SGD 9/15/2014 < 0.01%S FRWD HK 8/08/2014 < 0.01%S FRWD HK 9/10/2014 < 0.01%L SPOT EUR 8/01/2014 < 0.01%S FRWD SGD 9/15/2014 < 0.01%S FRWD SGD 9/15/2014 < 0.01%Security% of PortfolioS FRWD SGD 9/15/2014 < 0.01%S FRWD HK 8/08/2014 < 0.01%CDS-TYSON FOODS 1.00% 9/20/2019 < 0.01%L FRWD HK 8/08/2014 < 0.01%L FRWD JPY 9/26/2014 < 0.01%CDS TYSON FOODS 1% 9/20/2019 < 0.01%L FRWD CLP 5 8/13/2014 < 0.01%S CROS AUD 8/08/2014 < 0.01%S FRWD CND 9/19/2014 < 0.01%S FRWD GBP 8/08/2014 < 0.01%L FRWD GBP 8/08/2014 < 0.01%S FRWD GBP 8/08/2014 < 0.01%L FRWD CLP 5 8/13/2014 < 0.01%L FRWD BRC 9/22/2014 < 0.01%L FRWD EUR 9/29/2014 < 0.01%PUT EURO 1Y MIDCV @ 99 9/19/2014 < 0.01%L FRWD EUR 9/26/2014 < 0.01%L FRWD EUR 9/26/2014 < 0.01%S FRWD GBP 8/08/2014 < 0.01%L FRWD GBP 8/08/2014 < 0.01%CDS WITH UBSL 9/20/2014 < 0.01%CDS WITH UBSL 9/20/2014 < 0.01%L FRWD JPY 1 8/08/2014 < 0.01%S FRWD GBP 9/10/2014 < 0.01%L FRWD JPY 1 8/08/2014 < 0.01%L CROS EUR 8/08/2014 < 0.01%L FRWD JPY 1 8/08/2014 < 0.01%L FRWD AUD 8/08/2014 < 0.01%CDS WITH BARC 5% 9/20/2014 < 0.01%CDS WITH DEUT 9/20/2014 < 0.01%CDS WITH UBSL 9/20/2014 < 0.01%L CROS EUR 8/08/2014 < 0.01%L CROS JPY 1 8/08/2014 < 0.01%L FRWD GBP 8/08/2014 < 0.01%L FRWD JPY 1 8/08/2014 < 0.01%L FRWD JPY 1 8/08/2014 < 0.01%CDS WITH CITI 5%-FIRST DATA 9/20/2017 < 0.01%L FRWD EUR 8/08/2014 < 0.01%L FRWD CHF 8/08/2014 < 0.01%CDS WITH BARC 9/20/2014 < 0.01%CDS WITH BARC 9/20/2014 < 0.01%CDS WITH DEUT 5% 9/20/2014 < 0.01%CDS WITH DEUT 5% 9/20/2014 < 0.01%S FRWD GBP 9/10/2014 < 0.01%L FRWD JPY 1 8/08/2014 < 0.01%CDX OTC 0.500% CMBX.NA.AM.4 2/17/2051 < 0.01%L FRWD JPY 1 8/08/2014 < 0.01%L FRWD EUR 8/08/2014 < 0.01%L FRWD JPY 1 8/08/2014 < 0.01%L FRWD EUR 8/08/2014 < 0.01%S FRWD CND 8/08/2014 < 0.01%L FRWD NOK 8/11/2014 < 0.01%L FRWD EUR 8/08/2014 < 0.01%AUSTRALIA DOLLAR < 0.01%AST Portfolio Holdings310 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioL FRWD JPY 1 8/08/2014 < 0.01%EURO 1Y MIDCV OP P 12/19/2014 < 0.01%L FRWD EUR 8/08/2014 < 0.01%L FRWD EUR 8/08/2014 < 0.01%L FRWD EUR 8/08/2014 < 0.01%CDS WITH BOA 1% 9/20/2019 < 0.01%CDS REP ZAR STS 1.0% 9/20/2019 < 0.01%L FRWD EUR 9/10/2014 < 0.01%L FRWD EUR 8/08/2014 < 0.01%L FRWD GBP 8/08/2014 < 0.01%L FRWD EUR 9/10/2014 < 0.01%CDS WITH MSCS 1% 6/20/2019 < 0.01%CDS WITH BARC 6/20/2019 < 0.01%L FRWD CND 9/10/2014 < 0.01%L FRWD EUR 8/08/2014 < 0.01%L FRWD ZAR 9/10/2014 < 0.01%CDS WITH BARC 1% 9/20/2019 < 0.01%L FRWD EUR 8/08/2014 < 0.01%L FRWD EUR 8/08/2014 < 0.01%L FRWD EUR 8/08/2014 < 0.01%L FRWD EUR 9/10/2014 < 0.01%L FRWD EUR 9/10/2014 < 0.01%L FRWD EUR 8/08/2014 < 0.01%L FRWD EUR 8/08/2014 < 0.01%CDX OTC 5% CDX_EM_21_V1_CDX 6/20/2019 < 0.01%L FRWD CLP 5 9/10/2014 < 0.01%S FRWD ZAR 9/10/2014 < 0.01%L FRWD JPY 1 9/10/2014 < 0.01%(S) CDX HY 22 V1 5% 6/20/2019 < 0.01%CDS OTC 5.00% CDX.EM.21.V1 6/20/2019 < 0.01%CDS WITH MSCS 6/20/2019 < 0.01%CDS WITH MSCS 6/20/2019 < 0.01%L FRWD EUR 8/08/2014 < 0.01%L FRWD GBP 9/10/2014 < 0.01%JABIL CIRCUIT INC < 0.01%CDX OTC 0.960% CMBX.NA.AJ.4 2/17/2051 < 0.01%CDS REP TUR STS 1.0% 9/20/2019 < 0.01%L FRWD NOK 8/08/2014 < 0.01%ICE CXX ITRX_X20_V1_ITRAXX 12/20/2018 < 0.01%L FRWD CND 9/10/2014 < 0.01%L FRWD EUR 8/08/2014 < 0.01%L FRWD EUR 9/10/2014 < 0.01%COBALT INTERNATIONAL ENERGY < 0.01%JAPAN YEN < 0.01%QEP RESOURCES INC < 0.01%CEPHEID INC < 0.01%(S) CDX IG 22 V1 1% 6/20/2019 < 0.01%CDS WITH BARC 6/20/2019 < 0.01%CDX OTC 0.620% CMBX.NA.A.3. 12/13/2049 < 0.01%SANDISK CORP < 0.01%L FRWD CND 9/10/2014 < 0.01%KODIAK OIL & GAS CORP < 0.01%ADT CORP/THE < 0.01%MEADWESTVACO CORP < 0.01%Security% of PortfolioTIFFANY & CO < 0.01%SEATTLE GENETICS INC < 0.01%ISIS PHARMACEUTICALS INC < 0.01%UK POUND STERLING < 0.01%IPG PHOTONICS CORP < 0.01%L FRWD SEK 8/08/2014 < 0.01%COMPUWARE CORP < 0.01%WHOLE FOODS MARKET INC < 0.01%ASSURANT INC < 0.01%NCR CORPORATION < 0.01%(S) CDX IG 22 V1 1% 6/20/2019 < 0.01%CUMMINS INC < 0.01%ARTHUR J GALLAGHER & CO < 0.01%VIASAT INC < 0.01%CDX OTC 0.620% CMBX.NA.A.3. 12/13/2049 -0.01%NETSUITE INC -0.01%RACKSPACE HOSTING INC -0.01%EXPRESS SCRIPTS HOLDING CO -0.01%S FRWD GBP 9/10/2014 -0.01%ZILLOW INC-CLASS A -0.01%ADVANCED MICRO DEVICES -0.01%STRATASYS LTD -0.01%CONAGRA FOODS INC -0.01%CLOROX COMPANY -0.01%FIRST INDUSTRIAL REALTY TR -0.01%AMEREN CORPORATION -0.01%RENAISSANCERE HOLDINGS LTD -0.01%MEDICAL PROPERTIES TRUST IN -0.01%ULTIMATE SOFTWARE GROUP INC -0.01%MADISON SQUARE GARDEN CO-A -0.01%NASDAQ OMX GROUP/THE -0.01%KNIGHT TRANSPORTATION INC -0.01%BOEING CO/THE -0.01%QUALITY SYSTEMS INC -0.01%GATX CORP -0.01%CAMPBELL SOUP CO -0.01%ADVISORY BOARD CO/THE -0.01%INTUIT INC -0.01%TOTAL SYSTEM SERVICES INC -0.01%PEOPLE'S UNITED FINANCIAL -0.01%WPX ENERGY INC -0.01%SEAGATE TECHNOLOGY -0.01%CATERPILLAR INC -0.01%TENARIS SA-ADR -0.01%GROUPON INC -0.01%UDR INC -0.01%TANGER FACTORY OUTLET CENTE -0.01%AON PLC CLASS A -0.01%PROSPERITY BANCSHARES INC -0.01%OM GROUP INC -0.01%TARGET CORP -0.01%FIRST HORIZON NATIONAL CORP -0.01%NIKE INC -CL B -0.01%SCANA CORP -0.01%AST Portfolio Holdings311 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)Security% of PortfolioUNDER ARMOUR INC-CLASS A -0.01%CABOT OIL & GAS CORP -0.01%PUBLIC SERVICE ENTERPRISE G -0.01%SL GREEN REALTY CORP -0.01%FANNIE MAE 8/01/2041 -0.01%DARDEN RESTAURANTS INC -0.01%TERADATA CORP -0.01%HUDSON PACIFIC PROPERTIES I -0.01%EQUITY RESIDENTIAL -0.01%ZOETIS INC -0.01%UNITED NATURAL FOODS INC -0.01%NATIONAL FUEL GAS CO -0.01%AIR PRODUCTS & CHEMICALS IN -0.01%NORWEGIAN CRUISE LINE HOLD -0.01%CABELA'S INC -0.01%ROSS STORES INC -0.01%BANCORPSOUTH INC -0.01%BEMIS COMPANY -0.01%PRINCIPAL FINANCIAL GROUP -0.01%COMERICA INC -0.01%ASSOCIATED BANC-CORP -0.01%HANCOCK HOLDING CO -0.01%C.H. ROBINSON WORLDWIDE INC -0.01%REALTY INCOME CORP -0.01%KANSAS CITY SOUTHERN -0.01%KRAFT FOODS GROUP INC -0.01%HOME PROPERTIES INC -0.01%CABOT CORP -0.01%MCCORMICK & CO-NON VTG SHRS -0.01%CARNIVAL CORP -0.01%WASHINGTON REIT -0.01%VALLEY NATIONAL BANCORP -0.01%MOTOROLA SOLUTIONS INC -0.01%UNITED PARCEL SERVICE-CL B -0.01%HOSPIRA INC -0.01%TIM HORTONS INC -0.01%NEWS CORP - CLASS B -0.01%TWITTER INC -0.01%ENBRIDGE INC -0.01%VENTAS INC -0.01%JM SMUCKER CO/THE -0.01%FNMA(TBA) 30YR 5.000% 8/01/2038 -0.02%MURPHY OIL CORP -0.02%ARCH CAPITAL GROUP LTD -0.02%ALTRIA GROUP INC -0.02%FEDERAL REALTY INVS TRUST -0.02%PPL CORPORATION -0.02%UMB FINANCIAL CORP -0.02%BROWN-FORMAN CORP-CLASS B -0.02%INTERPUBLIC GROUP OF COS IN -0.02%TRIMBLE NAVIGATION LTD -0.02%TENET HEALTHCARE CORP -0.02%HASBRO INC -0.02%AOL INC -0.02%Security% of Portfolio3M CO -0.02%BECTON DICKINSON AND CO -0.02%CULLEN/FROST BANKERS INC -0.02%ESTEE LAUDER COMPANIES-CL A -0.02%PROGRESSIVE CORP -0.02%RED HAT INC -0.02%DICK'S SPORTING GOODS INC -0.02%MCDONALD'S CORP -0.02%DISCOVERY COMMUNICATIONS-A -0.02%AMC NETWORKS INC-A -0.02%WERNER ENTERPRISES INC -0.02%CARDINAL HEALTH INC -0.02%NUCOR CORP -0.02%AMERISOURCEBERGEN CORP -0.02%FRANKLIN RESOURCES INC -0.02%CLIFFS NATURAL RESOURCES IN -0.02%MATTEL INC -0.02%ZIMMER HOLDINGS INC -0.02%CHOICE HOTELS INTL INC -0.02%CONSOLIDATED EDISON INC -0.03%CARMAX INC -0.03%SYSCO CORP -0.03%SALESFORCE.COM INC -0.03%TORCHMARK CORP -0.03%WAL-MART STORES INC -0.03%TEAM HEALTH HOLDINGS INC -0.03%BANK OF HAWAII CORP -0.03%DU PONT (E.I.) DE NEMOURS -0.03%FORD MOTOR CO -0.03%CHUBB CORP -0.03%NATIONAL INSTRUMENTS CORP -0.03%ABBVIE INC -0.03%MARRIOTT INTERNATIONAL -CL -0.03%AUTOMATIC DATA PROCESSING -0.03%ROCKWELL AUTOMATION INC -0.03%FASTENAL CO -0.03%CHURCH & DWIGHT CO INC -0.03%SCRIPPS NETWORKS INTER-CL A -0.04%FANNIE MAE 8/01/2041 -0.04%PAYCHEX INC -0.04%HEARTLAND EXPRESS INC -0.04%MICROCHIP TECHNOLOGY INC -0.04%LINEAR TECHNOLOGY CORP -0.04%STERICYCLE INC -0.04%NVIDIA CORP -0.05%PRAXAIR INC -0.05%HERSHEY CO/THE -0.05%ELI LILLY & CO -0.05%AT&T INC -0.05%FANNIE MAE 9/01/2041 -0.06%GENERAL ELECTRIC CO -0.06%INTEL CORP -0.07%LOCKHEED MARTIN CORP -0.07%SOUTHERN CO/THE -0.08%AST Portfolio Holdings312 of 635

AST J.P. Morgan Strategic Opportunities Portfolio (continued)313 of 635AST Portfolio Holdings

AST Jennison Global Infrastructure PortfolioSecurity% of PortfolioTARGA RESOURCES CORP 4.06%ATLANTIA SPA 3.36%GROUPE EUROTUNNEL SA - REGR 2.71%NRG YIELD INC-CLASS A 2.39%HUADIAN FUXIN ENERGY CORP - 2.36%SBA COMMUNICATIONS CORP-CL 2.30%WILLIAMS COS INC 2.29%SEMGROUP CORP-CLASS A 2.28%PRUDENTIAL CORE INVESTMENT 2.25%ABERTIS INFRAESTRUCTURAS SA 2.18%ASCIANO LTD 2.16%EQT MIDSTREAM PARTNERS LP 2.14%PHILLIPS 66 PARTNERS LP 2.05%NIPPON PROLOGIS REIT INC 2.04%CANADIAN PACIFIC RAILWAY LT 2.03%ENERGY TRANSFER EQUITY LP 2.00%MPLX LP 1.88%ONEOK INC 1.83%KOREA ELEC POWER CORP-SP AD 1.73%DRAX GROUP PLC 1.65%CHENIERE ENERGY INC 1.63%FERROVIAL SA 1.60%GENESEE & WYOMING INC-CL A 1.55%CHINA LONGYUAN POWER GROUP- 1.53%ABENGOA YIELD PLC 1.47%WESTERN GAS EQUITY PARTNERS 1.45%ENEL SPA 1.45%EDISON INTERNATIONAL 1.42%SEMPRA ENERGY 1.41%VEOLIA ENVIRONNEMENT 1.38%VERESEN INC 1.37%SUEZ ENVIRONNEMENT CO 1.30%UNION PACIFIC CORP 1.30%PLAINS GP HOLDINGS LP-CL A 1.28%NRG ENERGY INC 1.25%CHINA CNR CORP LTD-H 1.24%CHENIERE ENERGY PARTNERS LP 1.21%FLUGHAFEN ZUERICH AG-REG 1.18%KIRBY CORP 1.15%CHARTER COMMUNICATION-A 1.15%TEEKAY CORP 1.14%FRAPORT AG FRANKFURT AIRPOR 1.10%ALTAGAS LTD 1.10%EAST JAPAN RAILWAY CO 1.10%SECURE ENERGY SERVICES INC 1.09%AMERICAN TOWER CORP 1.09%NEXTERA ENERGY INC 1.07%PROMOTORA Y OPERADORA DE IN 1.04%ITC HOLDINGS CORP 1.03%TRANSURBAN GROUP 1.01%BEIJING ENTERPRISES WATER G 1.01%ENBRIDGE INC 0.98%MERIDIAN ENER-PARTLY PAID S 0.98%EXELON CORP 0.94%Security% of PortfolioTELECOM ITALIA SPA 0.93%DOMINION RESOURCES INC/VA 0.92%NISOURCE INC 0.90%EDP-ENERGIAS DE PORTUGAL SA 0.90%LIBERTY GLOBAL-C 0.89%ENLINK MIDSTREAM LLC 0.89%CALPINE CORP 0.88%AMERICAN WATER WORKS CO INC 0.88%SUNEDISON INC 0.87%NATIONAL GRID PLC-SP ADR 0.84%SHENZHEN EXPRESSWAY CO-H 0.74%AUCKLAND INTL AIRPORT LTD 0.74%SPOTLESS GROUP HOLDINGS LTD 0.57%JIANGSU EXPRESS CO LTD-H 0.56%ALUPAR INVESTIMENTO SA-UNIT 0.51%WESTLAKE CHEMICAL PARTNERS 0.28%AST Portfolio Holdings313 of 635

AST Jennison Large-Cap Growth PortfolioSecurity% of PortfolioFACEBOOK INC-A 12/31/1899 3.50%MASTERCARD INC-CLASS A 12/31/1899 3.44%BIOGEN IDEC INC 12/31/1899 2.78%PRICELINE GROUP INC/THE 12/31/1899 2.54%SCHLUMBERGER LTD 12/31/1899 2.50%APPLE INC 12/31/1899 2.44%APPLE INC 2.44%VISA INC-CLASS A SHARES 12/31/1899 2.28%GOOGLE INC-CL C 12/31/1899 2.06%GOOGLE INC-CL A 12/31/1899 2.06%WALT DISNEY CO/THE 12/31/1899 2.03%NIKE INC -CL B 12/31/1899 2.01%NOVO-NORDISK A/S-SPONS AD 12/31/1899 1.95%MONSANTO CO 12/31/1899 1.86%CELGENE CORP 12/31/1899 1.85%GILEAD SCIENCES INC 12/31/1899 1.74%SALESFORCE.COM INC 12/31/1899 1.71%RED HAT INC 12/31/1899 1.67%LINKEDIN CORP - A 12/31/1899 1.67%ILLUMINA INC 12/31/1899 1.66%INDITEX 12/31/1899 1.65%PRECISION CASTPARTS CORP 12/31/1899 1.64%TJX COMPANIES INC 12/31/1899 1.59%BRISTOL-MYERS SQUIBB CO 12/31/1899 1.56%CANADIAN PACIFIC RAILWAY 12/31/1899 1.56%COSTCO WHOLESALE CORP 12/31/1899 1.54%STARBUCKS CORP 12/31/1899 1.54%CONCHO RESOURCES INC 12/31/1899 1.50%UNDER ARMOUR INC-CLASS A 12/31/1899 1.48%UNION PACIFIC CORP 12/31/1899 1.45%NETFLIX INC 12/31/1899 1.45%CHIPOTLE MEXICAN GRILL IN 12/31/1899 1.44%EOG RESOURCES INC 12/31/1899 1.42%MERCK & CO. INC. 12/31/1899 1.38%AMERICAN TOWER CORP 12/31/1899 1.32%MONDELEZ INTERNATIONAL IN 12/31/1899 1.32%VMWARE INC-CLASS A 12/31/1899 1.32%AMAZON.COM INC 12/31/1899 1.29%AMAZON.COM INC 1.29%ADOBE SYSTEMS INC 12/31/1899 1.23%MARRIOTT INTERNATIONAL -C 12/31/1899 1.21%VERTEX PHARMACEUTICALS IN 12/31/1899 1.19%TESLA MOTORS INC 12/31/1899 1.15%TIFFANY & CO 12/31/1899 1.10%TRIPADVISOR INC 12/31/1899 1.07%TWENTY-FIRST CENTURY FOX- 12/31/1899 1.05%MORGAN STANLEY 12/31/1899 0.99%MICHAEL KORS HOLDINGS LTD 12/31/1899 0.98%TWITTER INC 12/31/1899 0.98%LAS VEGAS SANDS CORP 12/31/1899 0.96%WORKDAY INC-CLASS A 12/31/1899 0.95%O'REILLY AUTOMOTIVE INC 12/31/1899 0.91%DISCOVERY COMMUNICATIONS- 12/31/1899 0.89%BOEING CO/THE 12/31/1899 0.89%Security% of PortfolioBOEING CO/THE 0.89%FLEETCOR TECHNOLOGIES INC 12/31/1899 0.86%ABBOTT LABORATORIES 12/31/1899 0.85%ABBOTT LABORATORIES 0.85%ALEXION PHARMACEUTICALS I 12/31/1899 0.81%ALEXION PHARMACEUTICALS I 0.81%SPLUNK INC 12/31/1899 0.79%MEAD JOHNSON NUTRITION CO 12/31/1899 0.78%PRUDENTIAL CORE INVESTMNT 12/31/2049 0.78%DUNKIN' BRANDS GROUP INC 12/31/1899 0.78%PERRIGO CO PLC 12/31/1899 0.76%QUALCOMM INC 12/31/1899 0.69%ALLERGAN INC 12/31/1899 0.50%ALLERGAN INC 0.50%INCYTE CORP 12/31/1899 0.37%FIREEYE INC 12/31/1899 0.36%INTERCEPT PHARMACEUTICALS 12/31/1899 0.32%PANDORA MEDIA INC 12/31/1899 0.28%ARM HOLDINGS PLC-SPONS AD 12/31/1899 0.27%ARM HOLDINGS PLC-SPONS AD 0.27%AST Portfolio Holdings314 of 635

AST Jennison Large-Cap Growth PortfolioSecurity% of PortfolioFACEBOOK INC-A 12/31/1899 3.50%MASTERCARD INC-CLASS A 12/31/1899 3.44%BIOGEN IDEC INC 12/31/1899 2.78%PRICELINE GROUP INC/THE 12/31/1899 2.54%SCHLUMBERGER LTD 12/31/1899 2.50%APPLE INC 2.44%APPLE INC 12/31/1899 2.44%VISA INC-CLASS A SHARES 12/31/1899 2.28%GOOGLE INC-CL C 12/31/1899 2.06%GOOGLE INC-CL A 12/31/1899 2.06%WALT DISNEY CO/THE 12/31/1899 2.03%NIKE INC -CL B 12/31/1899 2.01%NOVO-NORDISK A/S-SPONS AD 12/31/1899 1.95%MONSANTO CO 12/31/1899 1.86%CELGENE CORP 12/31/1899 1.85%GILEAD SCIENCES INC 12/31/1899 1.74%SALESFORCE.COM INC 12/31/1899 1.71%RED HAT INC 12/31/1899 1.67%LINKEDIN CORP - A 12/31/1899 1.67%ILLUMINA INC 12/31/1899 1.66%INDITEX 12/31/1899 1.65%PRECISION CASTPARTS CORP 12/31/1899 1.64%TJX COMPANIES INC 12/31/1899 1.59%BRISTOL-MYERS SQUIBB CO 12/31/1899 1.56%CANADIAN PACIFIC RAILWAY 12/31/1899 1.56%COSTCO WHOLESALE CORP 12/31/1899 1.54%STARBUCKS CORP 12/31/1899 1.54%CONCHO RESOURCES INC 12/31/1899 1.50%UNDER ARMOUR INC-CLASS A 12/31/1899 1.48%UNION PACIFIC CORP 12/31/1899 1.45%NETFLIX INC 12/31/1899 1.45%CHIPOTLE MEXICAN GRILL IN 12/31/1899 1.44%EOG RESOURCES INC 12/31/1899 1.42%MERCK & CO. INC. 12/31/1899 1.38%AMERICAN TOWER CORP 12/31/1899 1.32%MONDELEZ INTERNATIONAL IN 12/31/1899 1.32%VMWARE INC-CLASS A 12/31/1899 1.32%AMAZON.COM INC 1.29%AMAZON.COM INC 12/31/1899 1.29%ADOBE SYSTEMS INC 12/31/1899 1.23%MARRIOTT INTERNATIONAL -C 12/31/1899 1.21%VERTEX PHARMACEUTICALS IN 12/31/1899 1.19%TESLA MOTORS INC 12/31/1899 1.15%TIFFANY & CO 12/31/1899 1.10%TRIPADVISOR INC 12/31/1899 1.07%TWENTY-FIRST CENTURY FOX- 12/31/1899 1.05%MORGAN STANLEY 12/31/1899 0.99%MICHAEL KORS HOLDINGS LTD 12/31/1899 0.98%TWITTER INC 12/31/1899 0.98%LAS VEGAS SANDS CORP 12/31/1899 0.96%WORKDAY INC-CLASS A 12/31/1899 0.95%O'REILLY AUTOMOTIVE INC 12/31/1899 0.91%DISCOVERY COMMUNICATIONS- 12/31/1899 0.89%BOEING CO/THE 0.89%Security% of PortfolioBOEING CO/THE 12/31/1899 0.89%FLEETCOR TECHNOLOGIES INC 12/31/1899 0.86%ABBOTT LABORATORIES 0.85%ABBOTT LABORATORIES 12/31/1899 0.85%ALEXION PHARMACEUTICALS I 0.81%ALEXION PHARMACEUTICALS I 12/31/1899 0.81%SPLUNK INC 12/31/1899 0.79%MEAD JOHNSON NUTRITION CO 12/31/1899 0.78%PRUDENTIAL CORE INVESTMNT 12/31/2049 0.78%DUNKIN' BRANDS GROUP INC 12/31/1899 0.78%PERRIGO CO PLC 12/31/1899 0.76%QUALCOMM INC 12/31/1899 0.69%ALLERGAN INC 0.50%ALLERGAN INC 12/31/1899 0.50%INCYTE CORP 12/31/1899 0.37%FIREEYE INC 12/31/1899 0.36%INTERCEPT PHARMACEUTICALS 12/31/1899 0.32%PANDORA MEDIA INC 12/31/1899 0.28%ARM HOLDINGS PLC-SPONS AD 0.27%ARM HOLDINGS PLC-SPONS AD 12/31/1899 0.27%AST Portfolio Holdings315 of 635

AST Jennison Large-Cap Value PortfolioSecurity% of PortfolioWELLS FARGO & CO 12/31/1899 2.75%JPMORGAN CHASE & CO 12/31/1899 2.74%FLEXTRONICS INTL LTD 12/31/1899 2.74%HERTZ GLOBAL HOLDINGS INC 12/31/1899 2.61%GOLDMAN SACHS GROUP INC 12/31/1899 2.27%HALLIBURTON CO 12/31/1899 2.23%CITIGROUP INC 12/31/1899 2.21%METLIFE INC 12/31/1899 2.08%MARATHON OIL CORP 12/31/1899 2.05%PRUDENTIAL CORE INVESTMNT 12/31/2049 2.01%MORGAN STANLEY 12/31/1899 1.99%GOLDCORP INC 12/31/1899 1.96%CARNIVAL CORP 12/31/1899 1.91%HCA HOLDINGS INC 12/31/1899 1.85%NOBLE ENERGY INC 12/31/1899 1.83%LEAR CORP 12/31/1899 1.82%MYLAN INC 12/31/1899 1.80%NRG ENERGY INC 12/31/1899 1.78%UNITED CONTINENTAL HOLDIN 12/31/1899 1.70%COMCAST CORP-CLASS A 12/31/1899 1.69%TEVA PHARMACEUTICAL-SP AD 12/31/1899 1.62%BUNGE LTD 12/31/1899 1.59%MONDELEZ INTERNATIONAL IN 12/31/1899 1.54%PNC FINANCIAL SERVICES GR 12/31/1899 1.54%VOYA FINANCIAL INC 12/31/1899 1.52%CELGENE CORP 12/31/1899 1.44%DENBURY RESOURCES INC 12/31/1899 1.44%HEWLETT-PACKARD CO 12/31/1899 1.43%ACTAVIS PLC 12/31/1899 1.43%LIBERTY GLOBAL PLC-SERIES 12/31/1899 1.41%SPX CORP 12/31/1899 1.41%SLM CORP 12/31/1899 1.40%OCCIDENTAL PETROLEUM CORP 12/31/1899 1.40%GENERAL MOTORS CO 12/31/1899 1.38%HYATT HOTELS CORP - CL A 12/31/1899 1.34%EMC CORP/MA 12/31/1899 1.32%VERIZON COMMUNICATIONS IN 12/31/1899 1.26%VIVENDI 12/31/1899 1.23%NAVIENT CORP 12/31/1899 1.18%MICROSOFT CORP 12/31/1899 1.14%AMERICAN AIRLINES GROUP I 12/31/1899 1.11%MARATHON PETROLEUM CORP 12/31/1899 1.09%XL GROUP PLC 12/31/1899 1.07%EOG RESOURCES INC 12/31/1899 1.07%JDS UNIPHASE CORP 12/31/1899 1.04%UNION PACIFIC CORP 12/31/1899 1.03%INTL GAME TECHNOLOGY 12/31/1899 1.00%CIGNA CORP 12/31/1899 1.00%BROCADE COMMUNICATIONS SY 12/31/1899 1.00%CAPITAL ONE FINANCIAL COR 12/31/1899 0.99%MERCK & CO. INC. 12/31/1899 0.99%CATERPILLAR INC 12/31/1899 0.97%GOOGLE INC-CL A 12/31/1899 0.96%SUNCOR ENERGY INC 0.95%Security% of PortfolioSUNCOR ENERGY INC 12/31/1899 0.95%GOOGLE INC-CL C 12/31/1899 0.95%ANADARKO PETROLEUM CORP 0.90%ANADARKO PETROLEUM CORP 12/31/1899 0.90%CENTURYLINK INC 12/31/1899 0.90%SIEMENS AG-SPONS ADR 12/31/1899 0.86%BOEING CO/THE 0.86%BOEING CO/THE 12/31/1899 0.86%APPLIED MATERIALS INC 0.82%APPLIED MATERIALS INC 12/31/1899 0.82%BAYER AG-SPONSORED ADR 0.68%BAYER AG-SPONSORED ADR 12/31/1899 0.68%TIME WARNER INC 12/31/1899 0.59%APPLE INC 0.56%APPLE INC 12/31/1899 0.56%AVON PRODUCTS INC 0.53%AVON PRODUCTS INC 12/31/1899 0.53%TRAVELERS COS INC/THE 0.50%TRAVELERS COS INC/THE 12/31/1899 0.50%BANK OF AMERICA CORP 0.49%BANK OF AMERICA CORP 12/31/1899 0.49%TARGET CORP 0.35%TARGET CORP 12/31/1899 0.35%AST Portfolio Holdings316 of 635

AST Large-Cap Value PortfolioSecurity% of PortfolioAMERICAN INTERNATIONAL GROU 4.64%CITIGROUP INC 4.40%JPMORGAN CHASE & CO 4.34%ROYAL DUTCH SHELL PLC-ADR 3.84%BANK OF AMERICA CORP 3.33%VODAFONE GROUP PLC-SP ADR 3.07%CORNING INC 3.03%WAL-MART STORES INC 2.97%MICROSOFT CORP 2.96%ORACLE CORP 2.83%TARGET CORP 2.81%HEWLETT-PACKARD CO 2.72%ALLSTATE CORP 2.59%SANOFI-ADR 2.54%PUBLIC SERVICE ENTERPRISE G 2.51%WELLS FARGO & CO 2.49%UNITEDHEALTH GROUP INC 2.44%JOHNSON CONTROLS INC 2.24%CUMMINS INC 2.19%GENERAL MOTORS CO 1.99%CAPITAL ONE FINANCIAL CORP 1.99%MARATHON OIL CORP 1.97%MURPHY OIL CORP 1.90%UNUM GROUP 1.75%WELLPOINT INC 1.72%COMCAST CORP-SPECIAL CL A 1.63%INTL BUSINESS MACHINES CORP 1.53%GLAXOSMITHKLINE PLC-SPON AD 1.50%ELI LILLY & CO 1.48%BOEING CO/THE 1.45%NRG ENERGY INC 1.41%PRUDENTIAL CORE INVESTMENT 1.38%HUMANA INC 1.15%PACCAR INC 1.12%INTERPUBLIC GROUP OF COS IN 1.03%HONDA MOTOR CO LTD-SPONS AD 1.03%STANLEY BLACK & DECKER INC 1.02%ERICSSON (LM) TEL-SP ADR 1.02%PPL CORPORATION 1.01%BANK OF NEW YORK MELLON COR 1.01%TIME WARNER CABLE 1.01%SOUTHERN CO/THE 1.00%MEDTRONIC INC 1.00%ZIMMER HOLDINGS INC 0.99%TOTAL SA-SPON ADR 0.90%BED BATH & BEYOND INC 0.73%KELLOGG CO 0.71%MCDONALD'S CORP 0.70%GOLDMAN SACHS GROUP INC 0.51%MAGNA INTERNATIONAL INC-CL 0.50%PHILIP MORRIS INTERNATIONAL 0.50%NORTHROP GRUMMAN CORP 0.50%EDISON INTERNATIONAL 0.49%MONDELEZ INTERNATIONAL INC- 0.48%Security% of PortfolioBB&T CORP 0.46%EXELON CORP 0.44%MANPOWERGROUP INC 0.43%EMBRAER SA-ADR 0.40%LEAR CORP 0.21%AST Portfolio Holdings317 of 635

AST Large-Cap Value PortfolioSecurity% of PortfolioAMERICAN INTERNATIONAL GROU 4.64%CITIGROUP INC 4.40%JPMORGAN CHASE & CO 4.34%ROYAL DUTCH SHELL PLC-ADR 3.84%BANK OF AMERICA CORP 3.33%VODAFONE GROUP PLC-SP ADR 3.07%CORNING INC 3.03%WAL-MART STORES INC 2.97%MICROSOFT CORP 2.96%ORACLE CORP 2.83%TARGET CORP 2.81%HEWLETT-PACKARD CO 2.72%ALLSTATE CORP 2.59%SANOFI-ADR 2.54%PUBLIC SERVICE ENTERPRISE G 2.51%WELLS FARGO & CO 2.49%UNITEDHEALTH GROUP INC 2.44%JOHNSON CONTROLS INC 2.24%CUMMINS INC 2.19%GENERAL MOTORS CO 1.99%CAPITAL ONE FINANCIAL CORP 1.99%MARATHON OIL CORP 1.97%MURPHY OIL CORP 1.90%UNUM GROUP 1.75%WELLPOINT INC 1.72%COMCAST CORP-SPECIAL CL A 1.63%INTL BUSINESS MACHINES CORP 1.53%GLAXOSMITHKLINE PLC-SPON AD 1.50%ELI LILLY & CO 1.48%BOEING CO/THE 1.45%NRG ENERGY INC 1.41%PRUDENTIAL CORE INVESTMENT 1.38%HUMANA INC 1.15%PACCAR INC 1.12%INTERPUBLIC GROUP OF COS IN 1.03%HONDA MOTOR CO LTD-SPONS AD 1.03%STANLEY BLACK & DECKER INC 1.02%ERICSSON (LM) TEL-SP ADR 1.02%PPL CORPORATION 1.01%BANK OF NEW YORK MELLON COR 1.01%TIME WARNER CABLE 1.01%SOUTHERN CO/THE 1.00%MEDTRONIC INC 1.00%ZIMMER HOLDINGS INC 0.99%TOTAL SA-SPON ADR 0.90%BED BATH & BEYOND INC 0.73%KELLOGG CO 0.71%MCDONALD'S CORP 0.70%GOLDMAN SACHS GROUP INC 0.51%MAGNA INTERNATIONAL INC-CL 0.50%PHILIP MORRIS INTERNATIONAL 0.50%NORTHROP GRUMMAN CORP 0.50%EDISON INTERNATIONAL 0.49%MONDELEZ INTERNATIONAL INC- 0.48%Security% of PortfolioBB&T CORP 0.46%EXELON CORP 0.44%MANPOWERGROUP INC 0.43%EMBRAER SA-ADR 0.40%LEAR CORP 0.21%AST Portfolio Holdings318 of 635

AST Loomis Sayles Large-Cap Growth PortfolioSecurity% of PortfolioFACEBOOK INC-A 5.45%CISCO SYSTEMS INC 5.28%AMAZON.COM INC 4.92%VISA INC-CLASS A SHARES 4.58%ORACLE CORP 4.56%DANONE-SPONS ADR 3.91%QUALCOMM INC 3.90%SCHLUMBERGER LTD 3.58%COCA-COLA CO/THE 3.45%LOWE'S COS INC 3.44%PROCTER & GAMBLE CO/THE 3.34%EXPEDITORS INTL WASH INC 3.31%NOVARTIS AG-ADR 3.21%UNITED PARCEL SERVICE-CL B 3.15%AUTODESK INC 2.95%SEI INVESTMENTS COMPANY 2.90%VARIAN MEDICAL SYSTEMS INC 2.85%GOOGLE INC-CL A 2.84%GOOGLE INC-CL C 2.80%MONSTER BEVERAGE CORP 2.62%ZIMMER HOLDINGS INC 2.56%AMGEN INC 2.51%MICROSOFT CORP 2.49%AMERICAN EXPRESS CO 2.43%ARM HOLDINGS PLC-SPONS ADR 2.38%NOVO-NORDISK A/S-SPONS ADR 2.34%YUM! BRANDS INC 2.18%SABMILLER PLC-SPONS ADR 2.18%FACTSET RESEARCH SYSTEMS IN 2.12%MERCK & CO. INC. 1.69%AUTOMATIC DATA PROCESSING 1.45%PRUDENTIAL CORE INVESTMENT 0.86%GREENHILL & CO INC 0.82%ANALOG DEVICES INC 0.42%DIAGEO PLC-SPONSORED ADR 0.31%ALTERA CORP 0.23%AST Portfolio Holdings319 of 635

AST Loomis Sayles Large-Cap Growth PortfolioSecurity% of PortfolioFACEBOOK INC-A 5.45%CISCO SYSTEMS INC 5.28%AMAZON.COM INC 4.92%VISA INC-CLASS A SHARES 4.58%ORACLE CORP 4.56%DANONE-SPONS ADR 3.91%QUALCOMM INC 3.90%SCHLUMBERGER LTD 3.58%COCA-COLA CO/THE 3.45%LOWE'S COS INC 3.44%PROCTER & GAMBLE CO/THE 3.34%EXPEDITORS INTL WASH INC 3.31%NOVARTIS AG-ADR 3.21%UNITED PARCEL SERVICE-CL B 3.15%AUTODESK INC 2.95%SEI INVESTMENTS COMPANY 2.90%VARIAN MEDICAL SYSTEMS INC 2.85%GOOGLE INC-CL A 2.84%GOOGLE INC-CL C 2.80%MONSTER BEVERAGE CORP 2.62%ZIMMER HOLDINGS INC 2.56%AMGEN INC 2.51%MICROSOFT CORP 2.49%AMERICAN EXPRESS CO 2.43%ARM HOLDINGS PLC-SPONS ADR 2.38%NOVO-NORDISK A/S-SPONS ADR 2.34%YUM! BRANDS INC 2.18%SABMILLER PLC-SPONS ADR 2.18%FACTSET RESEARCH SYSTEMS IN 2.12%MERCK & CO. INC. 1.69%AUTOMATIC DATA PROCESSING 1.45%PRUDENTIAL CORE INVESTMENT 0.86%GREENHILL & CO INC 0.82%ANALOG DEVICES INC 0.42%DIAGEO PLC-SPONSORED ADR 0.31%ALTERA CORP 0.23%AST Portfolio Holdings320 of 635

AST Lord Abbett Core Fixed Income PortfolioSecurity% of PortfolioUS TREASURY N/B 4/15/2016 9.48%FANNIE MAE 7/01/2042 7.83%PRUDENTIAL CORE INVESTMENT 5.07%US TREASURY N/B 12/31/2015 4.53%US TREASURY N/B 3/15/2015 4.40%US TREASURY N/B 2/15/2044 4.11%US TREASURY N/B 11/30/2018 3.74%FANNIE MAE POOL 9/01/2043 3.51%WI TREASURY SEC. 4/15/2017 3.39%US TREASURY N/B 6/30/2019 2.78%US TREASURY N/B 5/31/2019 2.44%US TREASURY N/B 5/15/2024 1.79%GOVERNMENT NATIONAL MORTGAG 8/01/2038 1.79%GOVERNMENT NATIONAL MORTGAG 8/01/2044 1.79%FREDDIE MAC 6/01/2043 0.66%FREDDIE MAC 6/01/2044 0.60%QVC INC 10/15/2020 0.56%CITIBANK OMNI MASTER TRUST 8/15/2018 0.55%DISCOVER CARD EXECUTION NOT 11/15/2017 0.53%GTE CORP 4/15/2028 0.48%CHASE ISSUANCE TRUST 5/15/2017 0.45%COMM MORTGAGE TRUST 8/10/2046 0.41%CHASE ISSUANCE TRUST 6/15/2017 0.40%GEN ELEC CAP CRP 3/15/2032 0.39%FREDDIE MAC 6/01/2026 0.38%CARMAX AUTO OWNER TRUST 11/15/2016 0.38%FANNIE MAE-PASSTHROUGH 1/25/2023 0.37%AMERICAN EXPRESS CREDIT ACC 3/15/2017 0.37%ENI SPA 10/01/2040 0.35%HOST HOTELS & RE 3/15/2022 0.35%PPL WEM HLDG 5/01/2021 0.34%DISCOVER CARD EXECUTION NOT 8/15/2017 0.33%GLOBO COMMUN PAR 4/11/2022 0.33%LLOYDS BANK PLC 9/14/2020 0.33%GEORGIA-PACIFIC 5/15/2031 0.32%WACHOVIA BANK COMMERCIAL MO 7/15/2045 0.32%CITIGROUP INC 9/13/2025 0.32%FANNIE MAE 8/01/2043 0.32%WELLS FARGO CO 2/13/2023 0.32%ALLEGHENY TECH 6/01/2019 0.32%FANNIE MAE 6/01/2043 0.31%FANNIE MAE 6/01/2043 0.30%HONDA AUTO RECEIVABLES OWNE 9/18/2017 0.30%M&T BANK AUTO RECEIVABLES T 2/16/2016 0.29%MERCEDES-BENZ AUTO LEASE TR 2/15/2016 0.29%AMGEN INC 2/01/2039 0.28%GOLDMAN SACHS GP 1/24/2022 0.28%CF INDUSTRIES IN 5/01/2020 0.28%FREDDIE MAC 7/01/2044 0.28%RAYMOND JAMES 8/15/2019 0.28%COMM TRUST MORGAGE 1/10/2046 0.27%HLSS SERVICER ADVANCE RECEI 8/15/2046 0.27%ENTERGY CORP 9/15/2020 0.27%BARCLAYS DRYROCK ISSUANCE T 8/15/2017 0.27%Security% of PortfolioBANK OF AMER CRP 6/01/2019 0.26%GE CAPITAL CREDIT CARD MAST 1/15/2018 0.26%WEATHERFORD BERM 3/01/2039 0.26%ALLY AUTO RECEIVABLES TRUST 5/15/2017 0.26%FANNIE MAE 7/01/2043 0.26%CAN OIL SANDS LT 5/15/2019 0.25%GOODMAN FUNDING 11/12/2020 0.25%GS MORTGAGE SECURITIES TRUS 11/10/2045 0.25%HYUNDAI AUTO LEASE SECURITI 6/15/2016 0.25%TRANSOCEAN INC 12/15/2021 0.24%GE CAPITAL CREDIT CARD MAST 3/15/2018 0.24%AMERICREDIT AUTOMOBILE RECE 6/08/2017 0.24%IFM US COLONIAL 5/01/2021 0.24%GRUPO BIMBO SAB 6/30/2020 0.24%TIME WARNER CABL 5/01/2037 0.24%METHANEX CORP 3/01/2022 0.23%FANNIE MAE-ACES 8/25/2018 0.23%LEND PROC SRV 4/15/2023 0.23%RUSSIA-EUROBOND 4/29/2015 0.23%COMM MORTGAGE TRUST 12/10/2046 0.23%RUBY PIPELINE 4/01/2022 0.23%ORIGIN ENER FIN 10/09/2018 0.23%WORLD OMNI AUTO RECEIVABLES 11/15/2016 0.22%JP MORGAN CHASE COMMERCIAL 12/15/2047 0.22%PUBLIC SERVICE C 5/15/2018 0.22%TURK TELEKOM 6/19/2024 0.22%HLSS SERVICER ADVANCE RECEI 11/15/2046 0.22%SLM STUDENT LOAN TRUST 5/16/2044 0.22%ENBRIDGE ENERGY 3/01/2019 0.21%VITERRA INC 8/01/2020 0.21%TENN VALLEY AUTH 12/15/2042 0.21%NISSAN AUTO LEASE TRUST 11/16/2015 0.21%ROWAN COS INC 8/01/2019 0.21%MARKEL CORP 9/30/2019 0.20%MONTELL FIN BV 3/15/2027 0.20%ALLY AUTO RECEIVABLES TRUST 7/15/2016 0.20%BANCO BRADES CI 3/01/2022 0.20%UBS-BARCLAYS COMMERCIAL MOR 8/10/2049 0.20%HILLENBRAND INC 7/15/2020 0.20%DISCOVER CARD EXECUTION NOT 5/15/2018 0.19%JEFFERIES GROUP 4/15/2021 0.19%WILLIAMS COS 3/15/2032 0.19%ENTERTAINMENT PR 7/15/2020 0.19%ZIONS BANCORP 3/27/2017 0.19%MORGAN STANLEY BAML TRUST 2/15/2047 0.18%AMERICAN TOWER 3/15/2022 0.18%ALLY AUTO RECEIVABLES TRUST 5/20/2016 0.18%FIRST NIAGARA 12/15/2021 0.18%MOODY'S CORP 9/01/2022 0.18%CALIFORNIA REPUBLIC AUTO RE 3/15/2017 0.18%VALMONT INDS 4/20/2020 0.18%SAN DIEGO CNTY CA REGL ARPT 7/01/2040 0.18%HLSS SERVICER ADVANCE RECEI 9/15/2044 0.17%DUQUESNE LIGHT 9/15/2020 0.17%AST Portfolio Holdings321 of 635

AST Lord Abbett Core Fixed Income Portfolio (continued)Security% of PortfolioAMERICREDIT AUTOMOBILE RECE 11/08/2016 0.17%SPRINGLEAF MORTGAGE LOAN TR 12/25/2059 0.17%MACQUARIE BK LTD 4/07/2021 0.17%ENERGY TRAN PTNR 4/15/2019 0.17%FMR CORP 6/15/2029 0.17%ALTRIA GROUP INC 11/10/2038 0.17%FANNIE MAE-PASSTHROUGH 1/25/2023 0.17%KOREA NATL OIL 11/09/2015 0.16%BRAZIL REP OF 1/07/2025 0.16%MET WASHINGTON DC ARPTS AUT 10/01/2046 0.16%CLARK CNTY NV ARPT REVENUE 7/01/2042 0.16%TUPPERWARE BRAND 6/01/2021 0.16%BARCLAYS DRYROCK ISSUANCE T 8/15/2018 0.16%FREDDIE MAC 9/01/2020 0.16%TIME WARNER CABL 7/01/2038 0.16%STANDARD CHART 1/11/2023 0.16%DUN & BRADSTREET 12/01/2022 0.15%EPR PROPERTIES 7/15/2023 0.15%DALLAS TX CONVENTION CENTER 1/01/2042 0.15%INDONESIA (REP) 1/15/2024 0.15%ALLEGHENY TECH 8/15/2023 0.15%SCOTTRADE FINANC 7/11/2021 0.15%MORGAN STANLEY 11/24/2025 0.15%FANNIE MAE 7/01/2036 0.14%JP MORGAN CHASE COMMERCIAL 6/15/2045 0.14%BARRICK GOLD COR 5/01/2023 0.14%CAPITAL ONE MULTI-ASSET EXE 1/15/2020 0.14%AMERICREDIT AUTOMOBILE RECE 10/11/2016 0.14%NATIONSTAR MORTGAGE ADVANCE 6/20/2048 0.14%NASDAQ OMX GROUP 1/15/2020 0.14%LORILLARD TOBACC 5/01/2040 0.14%HYUNDAI AUTO RECEIVABLES TR 6/15/2016 0.14%SEQUOIA MORTGAGE TRUST 9/25/2042 0.14%AMERICREDIT AUTOMOBILE RECE 10/11/2016 0.14%HLSS SERVICER ADVANCE RECEI 1/16/2046 0.14%TOYOTA AUTO RECEIVABLES OWN 2/15/2016 0.14%PKO FINANCE AB 9/26/2022 0.14%HLSS SERVICER ADVANCE RECEI 5/16/2044 0.13%SLM STUDENT LOAN TRUST 8/15/2023 0.13%FANNIE MAE 9/01/2036 0.13%WILLIS NORTH AME 9/29/2019 0.13%SANTANDER UK PLC 10/26/2029 0.13%AOL TIME WARNER 4/15/2031 0.13%LORILLARD TOBACC 6/23/2019 0.13%ENTEL CHILE SA 8/01/2026 0.13%ACTAVIS FUNDING 6/15/2024 0.13%CARNIVAL PLC 6/01/2027 0.13%GOLDMAN SACHS GP 1/15/2027 0.12%INTERPUBLIC GRP 3/15/2022 0.12%AMERICREDIT AUTOMOBILE RECE 3/08/2017 0.12%FERMACA ENTERPR 3/30/2038 0.12%CAYMAN ISLANDS 11/24/2019 0.12%KIA MOTORS CORP 6/14/2016 0.12%HLSS SERVICER ADVANCE RECEI 5/16/2044 0.12%Security% of PortfolioHYATT HOTELS 8/15/2019 0.12%VOTORANTIM CIMEN 4/05/2041 0.12%MOODY'S CORP 9/01/2020 0.12%PLUM CREEK TIMBR 3/15/2021 0.12%PERKINELMER INC 11/15/2021 0.12%PHILIPPINES(REP) 10/21/2024 0.12%FORD MOTOR CO 10/01/2028 0.11%CITIBANK CREDIT CARD ISSUAN 12/12/2016 0.11%PLAINS EXPLORATI 2/01/2022 0.11%STRUCTURED ASSET SECURITIES 2/25/2035 0.11%CORP LINDLEY SA 4/12/2023 0.11%EXP-IMP BK KOREA 10/20/2016 0.11%ZIONS BANCORP 6/13/2023 0.11%NEWS AMER INC 12/15/2034 0.11%SANTANDER DRIVE AUTO RECEIV 8/15/2016 0.11%NISSAN AUTO LEASE TRUST 4/15/2016 0.11%FAMILY DOLLAR 2/01/2021 0.11%PETRONAS SUKUK 8/12/2014 0.10%HLSS SERVICER ADVANCE RECEI 5/15/2046 0.10%TENNESSEE GAS PL 6/15/2032 0.10%PETROLEOS MEXICA 6/27/2044 0.10%NEWMARKET CORP 12/15/2022 0.10%CHICAGO IL WTR REVENUE 11/01/2040 0.10%WF-RBS COMMERCIAL MORT TRUS 5/15/2047 0.10%GRANITE MASTER ISSUER PLC 12/20/2054 0.10%BAHAMAS-COMMONW 11/20/2029 0.10%MET WTR DIST OF STHRN CA 7/01/2039 0.10%EXELON GENERATIO 6/15/2022 0.10%GRANITE MASTER ISSUER PLC 12/20/2054 0.10%JPMBB COMMERCIAL MORTGAGE S 4/15/2047 0.10%ALLY AUTO RECEIVABLES TRUST 4/15/2016 0.10%MUNI ELEC AUTH OF GEORGIA 4/01/2057 0.09%AIR LEASE CORP 3/01/2020 0.09%ENERGY TRAN PTNR 7/01/2038 0.09%HLSS SERVICER ADVANCE RECEI 1/17/2045 0.09%VALERO ENERGY 3/15/2039 0.09%HONDA AUTO RECEIVABLES OWNE 1/15/2016 0.09%EE. PP. MEDELLIN 7/29/2019 0.09%COX COMMUN INC 3/01/2039 0.09%SILVERSTONE MASTER ISSUER 1/21/2055 0.09%NASDAQ OMX GROUP 1/16/2018 0.09%OWENS CORNING 6/15/2019 0.09%AMERICAN MUNI PWR-OHIO INC 2/15/2041 0.09%CEZ AS 4/03/2022 0.09%KERR-MCGEE CORP 10/15/2027 0.09%KERR-MCGEE CORP 9/15/2031 0.09%COMM MORTGAGE TRUST 3/10/2031 0.09%CITIBANK CREDIT CARD ISSUAN 4/24/2017 0.08%FORD MOTOR CO 2/01/2029 0.08%ENTERPRISE PRODU 4/15/2038 0.08%LORILLARD TOBACC 5/01/2020 0.08%N TX TOLLWAY AUTH REVENUE 2/01/2030 0.08%EL PASO PIPELINE 11/15/2040 0.08%WESTERN UNION CO 5/22/2019 0.08%AST Portfolio Holdings322 of 635

AST Lord Abbett Core Fixed Income Portfolio (continued)Security% of PortfolioKINDER MORGAN EN 3/15/2031 0.08%ALTA WIND HLDGS 6/30/2035 0.08%UNIV OF CALIFORNIA CA REVEN 5/15/2031 0.08%HLSS SERVICER ADVANCE RECEI 11/15/2046 0.08%MERRILL LYNCH 5/02/2017 0.08%DIGNITY HEALTH 11/01/2042 0.08%RUSSIA-EUROBOND 9/16/2023 0.08%HLSS SERVICER ADVANCE RECEI 10/15/2045 0.08%FORD CREDIT AUTO OWNER TRUS 4/15/2017 0.07%AVIATION CAPITAL 4/06/2021 0.07%MORGAN STANLEY 4/28/2015 0.07%AMERICREDIT AUTOMOBILE RECE 6/08/2017 0.07%MET WTR DIST OF STHRN CA 7/01/2040 0.07%SANTANDER UK PLC 11/07/2023 0.07%GS MORTGAGE SECURITIES TRUS 12/10/2030 0.07%SOUTHEAST SUPPLY 6/15/2024 0.07%UNITED MEXICAN 1/21/2045 0.07%ALLY AUTO RECEIVABLES TRUST 2/16/2016 0.07%SANTANDER DRIVE AUTO RECEIV 9/15/2016 0.07%AIR LEASE CORP 4/01/2021 0.07%MET GOVT NASHVILLE & DAVIDS 7/01/2043 0.07%QATAR STATE OF 1/20/2017 0.07%NEWS AMER INC 8/15/2039 0.06%FORD MOTOR CO 7/16/2031 0.06%NEW RESIDENTIAL ADVANCE REC 3/15/2047 0.06%HOSPITALITY PROP 3/15/2024 0.06%ODEBRECHT FINANC 6/27/2029 0.06%NASDAQ OMX GROUP 6/01/2024 0.06%CITIBANK CREDIT CARD ISSUAN 7/07/2017 0.06%OAKTREE CAP 12/02/2019 0.06%GOLDCORP INC 6/09/2044 0.06%BANCO INBURSA SA 6/06/2024 0.05%SEQUOIA MORTGAGE TRUST 7/25/2042 0.05%CAPITAL AUTO RECEIVABLES AS 7/20/2016 0.05%GNL QUINTERO SA 7/31/2029 0.05%OMEGA HEALTHCARE 4/01/2024 0.05%CNOOC CURTIS FUN 10/03/2023 0.05%OPTION ONE MORTGAGE LOAN TR 2/25/2035 0.05%SANTANDER DRIVE AUTO RECEIV 9/15/2016 0.05%WF-RBS COMMERCIAL MORTGAGE 5/20/2044 0.05%ALEXANDRIA REAL 7/30/2029 0.05%KOC HLDG 4/24/2020 0.05%OMEGA HEALTHCARE 3/15/2024 0.05%FLOWERS FOODS 4/01/2022 0.05%HEALTHCARE RLTY 1/15/2021 0.05%BANK OF AMER CRP 1/05/2021 0.04%NEW YORK CITY NY MUNI WTR F 6/15/2042 0.04%BRF SA 5/22/2023 0.04%FREDDIE MAC 5/01/2023 0.04%FIDELITY NATIONA 3/15/2022 0.04%ALLY AUTO RECEIVABLES TRUST 8/20/2015 0.04%BHP-CALL 6/01/2019 0.04%NEW YORK CITY NY MUNI WTR F 6/15/2042 0.04%TEXAS-NEW MEX PR 4/01/2019 0.04%Security% of PortfolioJPMBB COMMERCIAL MORTGAGE S 2/15/2047 0.04%AMERICREDIT AUTOMOBILE RECE 6/08/2016 0.04%GOVERNMENT NATIONAL 2.2% D 4/16/2047 0.04%SLM STUDENT LOAN TRUST 3/25/2026 0.04%LAZARD GROUP LLC 6/15/2017 0.04%CHICAGO IL O'HARE INTERNATI 1/01/2038 0.04%GOLDMAN SACHS GP 7/08/2024 0.04%ENERGIZER HOLDGS 5/19/2021 0.04%CFC LLC 12/17/2018 0.03%BRF SA 5/22/2024 0.03%MORGAN STANLEY 7/28/2021 0.03%DEUTSCHE MORTGAGE SECURITIE 4/26/2037 0.03%GTL TRADE FIN 4/16/2044 0.03%FANNIE MAE 8/25/2023 0.03%HLSS SERVICER ADVANCE RECEI 10/15/2045 0.03%GCCFC COMMERCIAL MORTGAGE T 3/10/2039 0.03%UNIV OF MASSACHUSETTS MA BL 5/01/2039 0.03%AGCO CORP 12/01/2021 0.03%CAMERON INTERNAT 7/15/2038 0.03%PANAMA 4/29/2053 0.03%PETROTRIN 8/14/2019 0.03%MORGAN STANLEY 5/22/2023 0.02%SIGMA ALIMENTOS 12/16/2019 0.02%BRAZIL REP OF 1/27/2045 0.02%JPMBB COMMERCIAL MORTGAGE S 4/15/2047 0.02%INDONESIA (REP) 1/15/2044 0.02%DELEK & AVNER TA 12/30/2023 0.02%ALLY AUTO RECEIVABLES TRUST 5/20/2015 0.02%ROMANIA 1/22/2044 0.02%WORLD OMNI AUTO RECEIVABLES 5/15/2017 0.02%GOLDMAN SACHS GP 7/27/2021 0.01%LUKOIL INTL FIN 6/07/2022 0.01%TRINIDAD & TOBAG 1/16/2024 0.01%BRAZIL REP OF 1/07/2041 0.01%WF-RBS COMMERCIAL MORTGAGE 5/20/2044 0.01%JPMBB COMMERCIAL MORTGAGE S 4/15/2047 < 0.01%AST Portfolio Holdings323 of 635

AST Lord Abbett Core Fixed Income PortfolioSecurity% of PortfolioUS TREASURY N/B 4/15/2016 9.48%FANNIE MAE 7/01/2042 7.83%PRUDENTIAL CORE INVESTMENT 5.07%US TREASURY N/B 12/31/2015 4.53%US TREASURY N/B 3/15/2015 4.40%US TREASURY N/B 2/15/2044 4.11%US TREASURY N/B 11/30/2018 3.74%FANNIE MAE POOL 9/01/2043 3.51%WI TREASURY SEC. 4/15/2017 3.39%US TREASURY N/B 6/30/2019 2.78%US TREASURY N/B 5/31/2019 2.44%US TREASURY N/B 5/15/2024 1.79%GOVERNMENT NATIONAL MORTGAG 8/01/2044 1.79%GOVERNMENT NATIONAL MORTGAG 8/01/2038 1.79%FREDDIE MAC 6/01/2043 0.66%FREDDIE MAC 6/01/2044 0.60%QVC INC 10/15/2020 0.56%CITIBANK OMNI MASTER TRUST 8/15/2018 0.55%DISCOVER CARD EXECUTION NOT 11/15/2017 0.53%GTE CORP 4/15/2028 0.48%CHASE ISSUANCE TRUST 5/15/2017 0.45%COMM MORTGAGE TRUST 8/10/2046 0.41%CHASE ISSUANCE TRUST 6/15/2017 0.40%GEN ELEC CAP CRP 3/15/2032 0.39%FREDDIE MAC 6/01/2026 0.38%CARMAX AUTO OWNER TRUST 11/15/2016 0.38%FANNIE MAE-PASSTHROUGH 1/25/2023 0.37%AMERICAN EXPRESS CREDIT ACC 3/15/2017 0.37%ENI SPA 10/01/2040 0.35%HOST HOTELS & RE 3/15/2022 0.35%PPL WEM HLDG 5/01/2021 0.34%DISCOVER CARD EXECUTION NOT 8/15/2017 0.33%GLOBO COMMUN PAR 4/11/2022 0.33%LLOYDS BANK PLC 9/14/2020 0.33%GEORGIA-PACIFIC 5/15/2031 0.32%WACHOVIA BANK COMMERCIAL MO 7/15/2045 0.32%CITIGROUP INC 9/13/2025 0.32%FANNIE MAE 8/01/2043 0.32%WELLS FARGO CO 2/13/2023 0.32%ALLEGHENY TECH 6/01/2019 0.32%FANNIE MAE 6/01/2043 0.31%FANNIE MAE 6/01/2043 0.30%HONDA AUTO RECEIVABLES OWNE 9/18/2017 0.30%M&T BANK AUTO RECEIVABLES T 2/16/2016 0.29%MERCEDES-BENZ AUTO LEASE TR 2/15/2016 0.29%AMGEN INC 2/01/2039 0.28%GOLDMAN SACHS GP 1/24/2022 0.28%CF INDUSTRIES IN 5/01/2020 0.28%FREDDIE MAC 7/01/2044 0.28%RAYMOND JAMES 8/15/2019 0.28%COMM TRUST MORGAGE 1/10/2046 0.27%HLSS SERVICER ADVANCE RECEI 8/15/2046 0.27%ENTERGY CORP 9/15/2020 0.27%BARCLAYS DRYROCK ISSUANCE T 8/15/2017 0.27%Security% of PortfolioBANK OF AMER CRP 6/01/2019 0.26%GE CAPITAL CREDIT CARD MAST 1/15/2018 0.26%WEATHERFORD BERM 3/01/2039 0.26%ALLY AUTO RECEIVABLES TRUST 5/15/2017 0.26%FANNIE MAE 7/01/2043 0.26%CAN OIL SANDS LT 5/15/2019 0.25%GOODMAN FUNDING 11/12/2020 0.25%GS MORTGAGE SECURITIES TRUS 11/10/2045 0.25%HYUNDAI AUTO LEASE SECURITI 6/15/2016 0.25%TRANSOCEAN INC 12/15/2021 0.24%GE CAPITAL CREDIT CARD MAST 3/15/2018 0.24%AMERICREDIT AUTOMOBILE RECE 6/08/2017 0.24%IFM US COLONIAL 5/01/2021 0.24%GRUPO BIMBO SAB 6/30/2020 0.24%TIME WARNER CABL 5/01/2037 0.24%METHANEX CORP 3/01/2022 0.23%FANNIE MAE-ACES 8/25/2018 0.23%LEND PROC SRV 4/15/2023 0.23%RUSSIA-EUROBOND 4/29/2015 0.23%COMM MORTGAGE TRUST 12/10/2046 0.23%RUBY PIPELINE 4/01/2022 0.23%ORIGIN ENER FIN 10/09/2018 0.23%WORLD OMNI AUTO RECEIVABLES 11/15/2016 0.22%JP MORGAN CHASE COMMERCIAL 12/15/2047 0.22%PUBLIC SERVICE C 5/15/2018 0.22%TURK TELEKOM 6/19/2024 0.22%HLSS SERVICER ADVANCE RECEI 11/15/2046 0.22%SLM STUDENT LOAN TRUST 5/16/2044 0.22%ENBRIDGE ENERGY 3/01/2019 0.21%VITERRA INC 8/01/2020 0.21%TENN VALLEY AUTH 12/15/2042 0.21%NISSAN AUTO LEASE TRUST 11/16/2015 0.21%ROWAN COS INC 8/01/2019 0.21%MARKEL CORP 9/30/2019 0.20%MONTELL FIN BV 3/15/2027 0.20%ALLY AUTO RECEIVABLES TRUST 7/15/2016 0.20%BANCO BRADES CI 3/01/2022 0.20%UBS-BARCLAYS COMMERCIAL MOR 8/10/2049 0.20%HILLENBRAND INC 7/15/2020 0.20%DISCOVER CARD EXECUTION NOT 5/15/2018 0.19%JEFFERIES GROUP 4/15/2021 0.19%WILLIAMS COS 3/15/2032 0.19%ENTERTAINMENT PR 7/15/2020 0.19%ZIONS BANCORP 3/27/2017 0.19%MORGAN STANLEY BAML TRUST 2/15/2047 0.18%AMERICAN TOWER 3/15/2022 0.18%ALLY AUTO RECEIVABLES TRUST 5/20/2016 0.18%FIRST NIAGARA 12/15/2021 0.18%MOODY'S CORP 9/01/2022 0.18%CALIFORNIA REPUBLIC AUTO RE 3/15/2017 0.18%VALMONT INDS 4/20/2020 0.18%SAN DIEGO CNTY CA REGL ARPT 7/01/2040 0.18%HLSS SERVICER ADVANCE RECEI 9/15/2044 0.17%DUQUESNE LIGHT 9/15/2020 0.17%AST Portfolio Holdings324 of 635

AST Lord Abbett Core Fixed Income Portfolio (continued)Security% of PortfolioAMERICREDIT AUTOMOBILE RECE 11/08/2016 0.17%SPRINGLEAF MORTGAGE LOAN TR 12/25/2059 0.17%MACQUARIE BK LTD 4/07/2021 0.17%ENERGY TRAN PTNR 4/15/2019 0.17%FMR CORP 6/15/2029 0.17%ALTRIA GROUP INC 11/10/2038 0.17%FANNIE MAE-PASSTHROUGH 1/25/2023 0.17%KOREA NATL OIL 11/09/2015 0.16%BRAZIL REP OF 1/07/2025 0.16%MET WASHINGTON DC ARPTS AUT 10/01/2046 0.16%CLARK CNTY NV ARPT REVENUE 7/01/2042 0.16%TUPPERWARE BRAND 6/01/2021 0.16%BARCLAYS DRYROCK ISSUANCE T 8/15/2018 0.16%FREDDIE MAC 9/01/2020 0.16%TIME WARNER CABL 7/01/2038 0.16%STANDARD CHART 1/11/2023 0.16%DUN & BRADSTREET 12/01/2022 0.15%EPR PROPERTIES 7/15/2023 0.15%DALLAS TX CONVENTION CENTER 1/01/2042 0.15%INDONESIA (REP) 1/15/2024 0.15%ALLEGHENY TECH 8/15/2023 0.15%SCOTTRADE FINANC 7/11/2021 0.15%MORGAN STANLEY 11/24/2025 0.15%FANNIE MAE 7/01/2036 0.14%JP MORGAN CHASE COMMERCIAL 6/15/2045 0.14%BARRICK GOLD COR 5/01/2023 0.14%CAPITAL ONE MULTI-ASSET EXE 1/15/2020 0.14%AMERICREDIT AUTOMOBILE RECE 10/11/2016 0.14%NATIONSTAR MORTGAGE ADVANCE 6/20/2048 0.14%NASDAQ OMX GROUP 1/15/2020 0.14%LORILLARD TOBACC 5/01/2040 0.14%HYUNDAI AUTO RECEIVABLES TR 6/15/2016 0.14%SEQUOIA MORTGAGE TRUST 9/25/2042 0.14%AMERICREDIT AUTOMOBILE RECE 10/11/2016 0.14%HLSS SERVICER ADVANCE RECEI 1/16/2046 0.14%TOYOTA AUTO RECEIVABLES OWN 2/15/2016 0.14%PKO FINANCE AB 9/26/2022 0.14%HLSS SERVICER ADVANCE RECEI 5/16/2044 0.13%SLM STUDENT LOAN TRUST 8/15/2023 0.13%FANNIE MAE 9/01/2036 0.13%WILLIS NORTH AME 9/29/2019 0.13%SANTANDER UK PLC 10/26/2029 0.13%AOL TIME WARNER 4/15/2031 0.13%LORILLARD TOBACC 6/23/2019 0.13%ENTEL CHILE SA 8/01/2026 0.13%ACTAVIS FUNDING 6/15/2024 0.13%CARNIVAL PLC 6/01/2027 0.13%GOLDMAN SACHS GP 1/15/2027 0.12%INTERPUBLIC GRP 3/15/2022 0.12%AMERICREDIT AUTOMOBILE RECE 3/08/2017 0.12%FERMACA ENTERPR 3/30/2038 0.12%CAYMAN ISLANDS 11/24/2019 0.12%KIA MOTORS CORP 6/14/2016 0.12%HLSS SERVICER ADVANCE RECEI 5/16/2044 0.12%Security% of PortfolioHYATT HOTELS 8/15/2019 0.12%VOTORANTIM CIMEN 4/05/2041 0.12%MOODY'S CORP 9/01/2020 0.12%PLUM CREEK TIMBR 3/15/2021 0.12%PERKINELMER INC 11/15/2021 0.12%PHILIPPINES(REP) 10/21/2024 0.12%FORD MOTOR CO 10/01/2028 0.11%CITIBANK CREDIT CARD ISSUAN 12/12/2016 0.11%PLAINS EXPLORATI 2/01/2022 0.11%STRUCTURED ASSET SECURITIES 2/25/2035 0.11%CORP LINDLEY SA 4/12/2023 0.11%EXP-IMP BK KOREA 10/20/2016 0.11%ZIONS BANCORP 6/13/2023 0.11%NEWS AMER INC 12/15/2034 0.11%SANTANDER DRIVE AUTO RECEIV 8/15/2016 0.11%NISSAN AUTO LEASE TRUST 4/15/2016 0.11%FAMILY DOLLAR 2/01/2021 0.11%PETRONAS SUKUK 8/12/2014 0.10%HLSS SERVICER ADVANCE RECEI 5/15/2046 0.10%TENNESSEE GAS PL 6/15/2032 0.10%PETROLEOS MEXICA 6/27/2044 0.10%NEWMARKET CORP 12/15/2022 0.10%CHICAGO IL WTR REVENUE 11/01/2040 0.10%WF-RBS COMMERCIAL MORT TRUS 5/15/2047 0.10%GRANITE MASTER ISSUER PLC 12/20/2054 0.10%BAHAMAS-COMMONW 11/20/2029 0.10%MET WTR DIST OF STHRN CA 7/01/2039 0.10%EXELON GENERATIO 6/15/2022 0.10%GRANITE MASTER ISSUER PLC 12/20/2054 0.10%JPMBB COMMERCIAL MORTGAGE S 4/15/2047 0.10%ALLY AUTO RECEIVABLES TRUST 4/15/2016 0.10%MUNI ELEC AUTH OF GEORGIA 4/01/2057 0.09%AIR LEASE CORP 3/01/2020 0.09%ENERGY TRAN PTNR 7/01/2038 0.09%HLSS SERVICER ADVANCE RECEI 1/17/2045 0.09%VALERO ENERGY 3/15/2039 0.09%HONDA AUTO RECEIVABLES OWNE 1/15/2016 0.09%EE. PP. MEDELLIN 7/29/2019 0.09%COX COMMUN INC 3/01/2039 0.09%SILVERSTONE MASTER ISSUER 1/21/2055 0.09%NASDAQ OMX GROUP 1/16/2018 0.09%OWENS CORNING 6/15/2019 0.09%AMERICAN MUNI PWR-OHIO INC 2/15/2041 0.09%CEZ AS 4/03/2022 0.09%KERR-MCGEE CORP 10/15/2027 0.09%KERR-MCGEE CORP 9/15/2031 0.09%COMM MORTGAGE TRUST 3/10/2031 0.09%CITIBANK CREDIT CARD ISSUAN 4/24/2017 0.08%FORD MOTOR CO 2/01/2029 0.08%ENTERPRISE PRODU 4/15/2038 0.08%LORILLARD TOBACC 5/01/2020 0.08%N TX TOLLWAY AUTH REVENUE 2/01/2030 0.08%EL PASO PIPELINE 11/15/2040 0.08%WESTERN UNION CO 5/22/2019 0.08%AST Portfolio Holdings325 of 635

AST Lord Abbett Core Fixed Income Portfolio (continued)Security% of PortfolioKINDER MORGAN EN 3/15/2031 0.08%ALTA WIND HLDGS 6/30/2035 0.08%UNIV OF CALIFORNIA CA REVEN 5/15/2031 0.08%HLSS SERVICER ADVANCE RECEI 11/15/2046 0.08%MERRILL LYNCH 5/02/2017 0.08%DIGNITY HEALTH 11/01/2042 0.08%RUSSIA-EUROBOND 9/16/2023 0.08%HLSS SERVICER ADVANCE RECEI 10/15/2045 0.08%FORD CREDIT AUTO OWNER TRUS 4/15/2017 0.07%AVIATION CAPITAL 4/06/2021 0.07%MORGAN STANLEY 4/28/2015 0.07%AMERICREDIT AUTOMOBILE RECE 6/08/2017 0.07%MET WTR DIST OF STHRN CA 7/01/2040 0.07%SANTANDER UK PLC 11/07/2023 0.07%GS MORTGAGE SECURITIES TRUS 12/10/2030 0.07%SOUTHEAST SUPPLY 6/15/2024 0.07%UNITED MEXICAN 1/21/2045 0.07%ALLY AUTO RECEIVABLES TRUST 2/16/2016 0.07%SANTANDER DRIVE AUTO RECEIV 9/15/2016 0.07%AIR LEASE CORP 4/01/2021 0.07%MET GOVT NASHVILLE & DAVIDS 7/01/2043 0.07%QATAR STATE OF 1/20/2017 0.07%NEWS AMER INC 8/15/2039 0.06%FORD MOTOR CO 7/16/2031 0.06%NEW RESIDENTIAL ADVANCE REC 3/15/2047 0.06%HOSPITALITY PROP 3/15/2024 0.06%ODEBRECHT FINANC 6/27/2029 0.06%NASDAQ OMX GROUP 6/01/2024 0.06%CITIBANK CREDIT CARD ISSUAN 7/07/2017 0.06%OAKTREE CAP 12/02/2019 0.06%GOLDCORP INC 6/09/2044 0.06%BANCO INBURSA SA 6/06/2024 0.05%SEQUOIA MORTGAGE TRUST 7/25/2042 0.05%CAPITAL AUTO RECEIVABLES AS 7/20/2016 0.05%GNL QUINTERO SA 7/31/2029 0.05%OMEGA HEALTHCARE 4/01/2024 0.05%CNOOC CURTIS FUN 10/03/2023 0.05%OPTION ONE MORTGAGE LOAN TR 2/25/2035 0.05%SANTANDER DRIVE AUTO RECEIV 9/15/2016 0.05%WF-RBS COMMERCIAL MORTGAGE 5/20/2044 0.05%ALEXANDRIA REAL 7/30/2029 0.05%KOC HLDG 4/24/2020 0.05%OMEGA HEALTHCARE 3/15/2024 0.05%FLOWERS FOODS 4/01/2022 0.05%HEALTHCARE RLTY 1/15/2021 0.05%BANK OF AMER CRP 1/05/2021 0.04%NEW YORK CITY NY MUNI WTR F 6/15/2042 0.04%BRF SA 5/22/2023 0.04%FREDDIE MAC 5/01/2023 0.04%FIDELITY NATIONA 3/15/2022 0.04%ALLY AUTO RECEIVABLES TRUST 8/20/2015 0.04%BHP-CALL 6/01/2019 0.04%NEW YORK CITY NY MUNI WTR F 6/15/2042 0.04%TEXAS-NEW MEX PR 4/01/2019 0.04%Security% of PortfolioJPMBB COMMERCIAL MORTGAGE S 2/15/2047 0.04%AMERICREDIT AUTOMOBILE RECE 6/08/2016 0.04%GOVERNMENT NATIONAL 2.2% D 4/16/2047 0.04%SLM STUDENT LOAN TRUST 3/25/2026 0.04%LAZARD GROUP LLC 6/15/2017 0.04%CHICAGO IL O'HARE INTERNATI 1/01/2038 0.04%GOLDMAN SACHS GP 7/08/2024 0.04%ENERGIZER HOLDGS 5/19/2021 0.04%CFC LLC 12/17/2018 0.03%BRF SA 5/22/2024 0.03%MORGAN STANLEY 7/28/2021 0.03%DEUTSCHE MORTGAGE SECURITIE 4/26/2037 0.03%GTL TRADE FIN 4/16/2044 0.03%FANNIE MAE 8/25/2023 0.03%HLSS SERVICER ADVANCE RECEI 10/15/2045 0.03%GCCFC COMMERCIAL MORTGAGE T 3/10/2039 0.03%UNIV OF MASSACHUSETTS MA BL 5/01/2039 0.03%AGCO CORP 12/01/2021 0.03%CAMERON INTERNAT 7/15/2038 0.03%PANAMA 4/29/2053 0.03%PETROTRIN 8/14/2019 0.03%MORGAN STANLEY 5/22/2023 0.02%SIGMA ALIMENTOS 12/16/2019 0.02%BRAZIL REP OF 1/27/2045 0.02%JPMBB COMMERCIAL MORTGAGE S 4/15/2047 0.02%INDONESIA (REP) 1/15/2044 0.02%DELEK & AVNER TA 12/30/2023 0.02%ALLY AUTO RECEIVABLES TRUST 5/20/2015 0.02%ROMANIA 1/22/2044 0.02%WORLD OMNI AUTO RECEIVABLES 5/15/2017 0.02%GOLDMAN SACHS GP 7/27/2021 0.01%LUKOIL INTL FIN 6/07/2022 0.01%TRINIDAD & TOBAG 1/16/2024 0.01%BRAZIL REP OF 1/07/2041 0.01%WF-RBS COMMERCIAL MORTGAGE 5/20/2044 0.01%JPMBB COMMERCIAL MORTGAGE S 4/15/2047 < 0.01%AST Portfolio Holdings326 of 635

AST MFS Global Equity PortfolioSecurity% of PortfolioWALT DISNEY CO/THE 3.04%RECKITT BENCKISER GROUP PLC 2.69%LINDE AG 2.68%NESTLE SA-REG 2.59%TIME WARNER INC 2.58%HONEYWELL INTERNATIONAL INC 2.36%THERMO FISHER SCIENTIFIC IN 2.34%DIAGEO PLC 2.18%BAYER AG-REG 2.18%STATE STREET CORP 2.13%PRUDENTIAL CORE INVESTMENT 2.08%CANADIAN NATL RAILWAY CO 2.01%ACCENTURE PLC-CL A 1.99%UNITED TECHNOLOGIES CORP 1.89%VISA INC-CLASS A SHARES 1.89%ORACLE CORP 1.87%BANK OF NEW YORK MELLON COR 1.80%DANONE 1.78%SCHLUMBERGER LTD 1.76%3M CO 1.75%LVMH MOET HENNESSY LOUIS VU 1.67%UNITED PARCEL SERVICE-CL B 1.51%AMERICAN EXPRESS CO 1.42%HEINEKEN NV 1.41%FRANKLIN RESOURCES INC 1.39%PERNOD RICARD SA 1.36%SCHNEIDER ELECTRIC SE 1.35%WPP PLC 1.35%COLGATE-PALMOLIVE CO 1.33%ST JUDE MEDICAL INC 1.28%AKZO NOBEL 1.25%MEDTRONIC INC 1.24%GOLDMAN SACHS GROUP INC 1.22%COMPASS GROUP PLC 1.21%LEGRAND SA 1.16%CIE FINANCIERE RICHEMON-REG 1.13%MERCK KGAA 1.11%STRYKER CORP 1.08%MCDONALD'S CORP 1.07%PRAXAIR INC 1.05%STANDARD CHARTERED PLC 1.03%UBS AG-REG 1.02%OMNICOM GROUP 0.93%HOYA CORP 0.88%WATERS CORP 0.87%AUTOZONE INC 0.85%DELPHI AUTOMOTIVE PLC 0.84%CARLSBERG AS-B 0.82%ITAU UNIBANCO HLDNG-PREF AD 0.82%NATIONAL OILWELL VARCO INC 0.82%KELLOGG CO 0.80%TIME WARNER CABLE 0.79%AMPHENOL CORP-CL A 0.76%INTL FLAVORS & FRAGRANCES 0.75%Security% of PortfolioSVENSKA CELLULOSA AB SCA-B 0.75%SONOVA HOLDING AG-REG 0.74%DENTSPLY INTERNATIONAL INC 0.74%ROCHE HOLDING AG-GENUSSCHEI 0.73%SAMSUNG ELECTRONICS CO LTD 0.69%JOHNSON & JOHNSON 0.69%MICROCHIP TECHNOLOGY INC 0.67%ADECCO SA-REG 0.66%SALLY BEAUTY HOLDINGS INC 0.65%MTU AERO ENGINES AG 0.63%CISCO SYSTEMS INC 0.63%JULIUS BAER GROUP LTD 0.59%BURBERRY GROUP PLC 0.58%AIR LIQUIDE SA 0.56%URBAN OUTFITTERS INC 0.55%DEUTSCHE BOERSE AG 0.53%BRITISH SKY BROADCASTING GR 0.53%TARGET CORP 0.52%INPEX CORP 0.51%ALTERA CORP 0.44%BRENNTAG AG 0.42%SAIPEM SPA 0.42%EBAY INC 0.42%CHECK POINT SOFTWARE TECH 0.41%ERSTE GROUP BANK AG 0.38%VIACOM INC-CLASS B 0.37%SWISS RE AG 0.37%KASIKORNBANK PLC- FOREIGN 0.36%NIKE INC -CL B 0.35%WILLIAM HILL PLC 0.33%PROCTER & GAMBLE CO/THE 0.32%GRUPO FINANCIERO BANORTE-O 0.30%ROCKWELL AUTOMATION INC 0.25%LAWSON INC 0.24%CREDICORP LTD 0.23%DASSAULT SYSTEMES SA 0.21%KOMERCNI BANKA AS 0.19%SBERBANK-SPONSORED ADR 0.19%HARLEY-DAVIDSON INC 0.18%KUEHNE & NAGEL INTL AG-REG 0.18%WHITBREAD PLC 0.14%DR PEPPER SNAPPLE GROUP INC 0.10%NOW INC/DE 0.09%S SPOT GBP 8/04/2014 < 0.01%AST Portfolio Holdings327 of 635

AST MFS Global Equity PortfolioSecurity% of PortfolioWALT DISNEY CO/THE 3.04%RECKITT BENCKISER GROUP PLC 2.69%LINDE AG 2.68%NESTLE SA-REG 2.59%TIME WARNER INC 2.58%HONEYWELL INTERNATIONAL INC 2.36%THERMO FISHER SCIENTIFIC IN 2.34%DIAGEO PLC 2.18%BAYER AG-REG 2.18%STATE STREET CORP 2.13%PRUDENTIAL CORE INVESTMENT 2.08%CANADIAN NATL RAILWAY CO 2.01%ACCENTURE PLC-CL A 1.99%UNITED TECHNOLOGIES CORP 1.89%VISA INC-CLASS A SHARES 1.89%ORACLE CORP 1.87%BANK OF NEW YORK MELLON COR 1.80%DANONE 1.78%SCHLUMBERGER LTD 1.76%3M CO 1.75%LVMH MOET HENNESSY LOUIS VU 1.67%UNITED PARCEL SERVICE-CL B 1.51%AMERICAN EXPRESS CO 1.42%HEINEKEN NV 1.41%FRANKLIN RESOURCES INC 1.39%PERNOD RICARD SA 1.36%SCHNEIDER ELECTRIC SE 1.35%WPP PLC 1.35%COLGATE-PALMOLIVE CO 1.33%ST JUDE MEDICAL INC 1.28%AKZO NOBEL 1.25%MEDTRONIC INC 1.24%GOLDMAN SACHS GROUP INC 1.22%COMPASS GROUP PLC 1.21%LEGRAND SA 1.16%CIE FINANCIERE RICHEMON-REG 1.13%MERCK KGAA 1.11%STRYKER CORP 1.08%MCDONALD'S CORP 1.07%PRAXAIR INC 1.05%STANDARD CHARTERED PLC 1.03%UBS AG-REG 1.02%OMNICOM GROUP 0.93%HOYA CORP 0.88%WATERS CORP 0.87%AUTOZONE INC 0.85%DELPHI AUTOMOTIVE PLC 0.84%CARLSBERG AS-B 0.82%ITAU UNIBANCO HLDNG-PREF AD 0.82%NATIONAL OILWELL VARCO INC 0.82%KELLOGG CO 0.80%TIME WARNER CABLE 0.79%AMPHENOL CORP-CL A 0.76%INTL FLAVORS & FRAGRANCES 0.75%Security% of PortfolioSVENSKA CELLULOSA AB SCA-B 0.75%SONOVA HOLDING AG-REG 0.74%DENTSPLY INTERNATIONAL INC 0.74%ROCHE HOLDING AG-GENUSSCHEI 0.73%SAMSUNG ELECTRONICS CO LTD 0.69%JOHNSON & JOHNSON 0.69%MICROCHIP TECHNOLOGY INC 0.67%ADECCO SA-REG 0.66%SALLY BEAUTY HOLDINGS INC 0.65%MTU AERO ENGINES AG 0.63%CISCO SYSTEMS INC 0.63%JULIUS BAER GROUP LTD 0.59%BURBERRY GROUP PLC 0.58%AIR LIQUIDE SA 0.56%URBAN OUTFITTERS INC 0.55%DEUTSCHE BOERSE AG 0.53%BRITISH SKY BROADCASTING GR 0.53%TARGET CORP 0.52%INPEX CORP 0.51%ALTERA CORP 0.44%BRENNTAG AG 0.42%SAIPEM SPA 0.42%EBAY INC 0.42%CHECK POINT SOFTWARE TECH 0.41%ERSTE GROUP BANK AG 0.38%VIACOM INC-CLASS B 0.37%SWISS RE AG 0.37%KASIKORNBANK PLC- FOREIGN 0.36%NIKE INC -CL B 0.35%WILLIAM HILL PLC 0.33%PROCTER & GAMBLE CO/THE 0.32%GRUPO FINANCIERO BANORTE-O 0.30%ROCKWELL AUTOMATION INC 0.25%LAWSON INC 0.24%CREDICORP LTD 0.23%DASSAULT SYSTEMES SA 0.21%KOMERCNI BANKA AS 0.19%SBERBANK-SPONSORED ADR 0.19%HARLEY-DAVIDSON INC 0.18%KUEHNE & NAGEL INTL AG-REG 0.18%WHITBREAD PLC 0.14%DR PEPPER SNAPPLE GROUP INC 0.10%NOW INC/DE 0.09%S SPOT GBP 8/04/2014 < 0.01%AST Portfolio Holdings328 of 635

AST MFS Growth PortfolioSecurity% of PortfolioGOOGLE INC-CL A 2.81%VISA INC-CLASS A SHARES 2.62%GOOGLE INC-CL C NON-VTG 2.46%THERMO FISHER SCIENTIFIC IN 2.28%PRUDENTIAL CORE INVESTMENT 2.23%AMERICAN TOWER CORP 2.22%FACEBOOK INC-A 2.21%DANAHER CORP 2.10%PRICELINE GROUP INC/THE 2.06%BIOGEN IDEC INC 2.04%EMC CORP/MA 2.03%ACTAVIS PLC 1.79%MONSANTO CO 1.77%COGNIZANT TECH SOLUTIONS-A 1.76%MASTERCARD INC-CLASS A 1.75%INTERCONTINENTAL EXCHANGE I 1.65%COMCAST CORP-SPECIAL CL A 1.60%WYNN RESORTS LTD 1.58%ORACLE CORP 1.58%TWENTY-FIRST CENTURY FOX-A 1.57%GILEAD SCIENCES INC 1.38%COVIDIEN PLC 1.36%PIONEER NATURAL RESOURCES C 1.36%ALEXION PHARMACEUTICALS INC 1.34%PRECISION CASTPARTS CORP 1.31%BRISTOL-MYERS SQUIBB CO 1.31%APPLE INC 1.30%AMERICAN EXPRESS CO 1.25%WALT DISNEY CO/THE 1.22%ROSS STORES INC 1.19%SALESFORCE.COM INC 1.19%LAS VEGAS SANDS CORP 1.18%ANADARKO PETROLEUM CORP 1.15%VF CORP 1.13%MONDELEZ INTERNATIONAL INC- 1.10%CELGENE CORP 1.10%SHERWIN-WILLIAMS CO/THE 1.09%TIME WARNER INC 1.07%QUALCOMM INC 1.02%FLEETCOR TECHNOLOGIES INC 1.02%STARBUCKS CORP 0.99%MARRIOTT INTERNATIONAL -CL 0.98%REGENERON PHARMACEUTICALS 0.97%AMETEK INC 0.95%SCHLUMBERGER LTD 0.94%HONEYWELL INTERNATIONAL INC 0.90%NOBLE ENERGY INC 0.90%COLGATE-PALMOLIVE CO 0.89%AMAZON.COM INC 0.85%BORGWARNER INC 0.82%CVS CAREMARK CORP 0.81%MCKESSON CORP 0.80%LINKEDIN CORP - A 0.79%ROPER INDUSTRIES INC 0.79%Security% of PortfolioUNION PACIFIC CORP 0.78%MEAD JOHNSON NUTRITION CO 0.78%HALLIBURTON CO 0.74%COSTCO WHOLESALE CORP 0.71%AFFILIATED MANAGERS GROUP 0.68%TJX COMPANIES INC 0.66%VALEANT PHARMACE 0.62%DISCOVERY COMMUNICATIONS-A 0.61%ALTERA CORP 0.61%AIRGAS INC 0.60%LVMH MOET HENNESSY LOUIS VU 0.60%TIFFANY & CO 0.59%NIKE INC -CL B 0.58%VERISK ANALYTICS INC-CLASS 0.56%CERNER CORP 0.53%MORGAN STANLEY 0.53%COLFAX CORP 0.50%VIACOM INC-CLASS B 0.50%PHILIP MORRIS INTERNATIONAL 0.49%DANONE 0.49%BLACKROCK INC 0.48%ESTEE LAUDER COMPANIES-CL A 0.48%CONSTELLATION BRANDS INC-A 0.47%AUTOZONE INC 0.47%COOPER COS INC/THE 0.45%CUMMINS INC 0.44%PERRIGO CO PLC 0.44%CITRIX SYSTEMS INC 0.41%PVH CORP 0.41%PERNOD RICARD SA 0.40%ZOETIS INC 0.40%YAHOO! INC 0.38%KANSAS CITY SOUTHERN 0.38%HILTON WORLDWIDE HOLDINGS I 0.36%AUTODESK INC 0.35%CABOT OIL & GAS CORP 0.34%YUM! BRANDS INC 0.34%PUMA BIOTECHNOLOGY INC 0.33%CR BARD INC 0.33%METLIFE INC 0.31%MOODY'S CORP 0.30%ABBOTT LABORATORIES 0.30%JOY GLOBAL INC 0.29%DIAGEO PLC 0.28%PTC INC 0.27%TRACTOR SUPPLY COMPANY 0.25%B/E AEROSPACE INC 0.25%MICHAEL KORS HOLDINGS LTD 0.24%WHITING PETROLEUM CORP 0.20%TRIPADVISOR INC 0.19%VMWARE INC-CLASS A 0.16%REALOGY HOLDINGS CORP 0.12%LINEAR TECHNOLOGY CORP 0.10%URBAN OUTFITTERS INC 0.10%AST Portfolio Holdings329 of 635

AST MFS Growth Portfolio (continued)Security% of PortfolioCONCHO RESOURCES INC 0.10%ISIS PHARMACEUTICALS INC 0.09%TWITTER INC 0.06%AST Portfolio Holdings330 of 635

AST MFS Growth PortfolioSecurity% of PortfolioGOOGLE INC-CL A 2.81%VISA INC-CLASS A SHARES 2.62%GOOGLE INC-CL C NON-VTG 2.46%THERMO FISHER SCIENTIFIC IN 2.28%PRUDENTIAL CORE INVESTMENT 2.23%AMERICAN TOWER CORP 2.22%FACEBOOK INC-A 2.21%DANAHER CORP 2.10%PRICELINE GROUP INC/THE 2.06%BIOGEN IDEC INC 2.04%EMC CORP/MA 2.03%ACTAVIS PLC 1.79%MONSANTO CO 1.77%COGNIZANT TECH SOLUTIONS-A 1.76%MASTERCARD INC-CLASS A 1.75%INTERCONTINENTAL EXCHANGE I 1.65%COMCAST CORP-SPECIAL CL A 1.60%WYNN RESORTS LTD 1.58%ORACLE CORP 1.58%TWENTY-FIRST CENTURY FOX-A 1.57%GILEAD SCIENCES INC 1.38%COVIDIEN PLC 1.36%PIONEER NATURAL RESOURCES C 1.36%ALEXION PHARMACEUTICALS INC 1.34%PRECISION CASTPARTS CORP 1.31%BRISTOL-MYERS SQUIBB CO 1.31%APPLE INC 1.30%AMERICAN EXPRESS CO 1.25%WALT DISNEY CO/THE 1.22%ROSS STORES INC 1.19%SALESFORCE.COM INC 1.19%LAS VEGAS SANDS CORP 1.18%ANADARKO PETROLEUM CORP 1.15%VF CORP 1.13%MONDELEZ INTERNATIONAL INC- 1.10%CELGENE CORP 1.10%SHERWIN-WILLIAMS CO/THE 1.09%TIME WARNER INC 1.07%QUALCOMM INC 1.02%FLEETCOR TECHNOLOGIES INC 1.02%STARBUCKS CORP 0.99%MARRIOTT INTERNATIONAL -CL 0.98%REGENERON PHARMACEUTICALS 0.97%AMETEK INC 0.95%SCHLUMBERGER LTD 0.94%HONEYWELL INTERNATIONAL INC 0.90%NOBLE ENERGY INC 0.90%COLGATE-PALMOLIVE CO 0.89%AMAZON.COM INC 0.85%BORGWARNER INC 0.82%CVS CAREMARK CORP 0.81%MCKESSON CORP 0.80%LINKEDIN CORP - A 0.79%ROPER INDUSTRIES INC 0.79%Security% of PortfolioUNION PACIFIC CORP 0.78%MEAD JOHNSON NUTRITION CO 0.78%HALLIBURTON CO 0.74%COSTCO WHOLESALE CORP 0.71%AFFILIATED MANAGERS GROUP 0.68%TJX COMPANIES INC 0.66%VALEANT PHARMACE 0.62%DISCOVERY COMMUNICATIONS-A 0.61%ALTERA CORP 0.61%AIRGAS INC 0.60%LVMH MOET HENNESSY LOUIS VU 0.60%TIFFANY & CO 0.59%NIKE INC -CL B 0.58%VERISK ANALYTICS INC-CLASS 0.56%CERNER CORP 0.53%MORGAN STANLEY 0.53%COLFAX CORP 0.50%VIACOM INC-CLASS B 0.50%PHILIP MORRIS INTERNATIONAL 0.49%DANONE 0.49%BLACKROCK INC 0.48%ESTEE LAUDER COMPANIES-CL A 0.48%CONSTELLATION BRANDS INC-A 0.47%AUTOZONE INC 0.47%COOPER COS INC/THE 0.45%CUMMINS INC 0.44%PERRIGO CO PLC 0.44%CITRIX SYSTEMS INC 0.41%PVH CORP 0.41%PERNOD RICARD SA 0.40%ZOETIS INC 0.40%YAHOO! INC 0.38%KANSAS CITY SOUTHERN 0.38%HILTON WORLDWIDE HOLDINGS I 0.36%AUTODESK INC 0.35%CABOT OIL & GAS CORP 0.34%YUM! BRANDS INC 0.34%PUMA BIOTECHNOLOGY INC 0.33%CR BARD INC 0.33%METLIFE INC 0.31%MOODY'S CORP 0.30%ABBOTT LABORATORIES 0.30%JOY GLOBAL INC 0.29%DIAGEO PLC 0.28%PTC INC 0.27%TRACTOR SUPPLY COMPANY 0.25%B/E AEROSPACE INC 0.25%MICHAEL KORS HOLDINGS LTD 0.24%WHITING PETROLEUM CORP 0.20%TRIPADVISOR INC 0.19%VMWARE INC-CLASS A 0.16%REALOGY HOLDINGS CORP 0.12%LINEAR TECHNOLOGY CORP 0.10%URBAN OUTFITTERS INC 0.10%AST Portfolio Holdings331 of 635

AST MFS Growth Portfolio (continued)Security% of PortfolioCONCHO RESOURCES INC 0.10%ISIS PHARMACEUTICALS INC 0.09%TWITTER INC 0.06%AST Portfolio Holdings332 of 635

AST MFS Large-Cap Value PortfolioSecurity% of PortfolioJPMORGAN CHASE & CO 4.18%JOHNSON & JOHNSON 3.63%PHILIP MORRIS INTERNATIONAL 3.59%WELLS FARGO & CO 3.28%PFIZER INC 2.88%METLIFE INC 2.39%EXXON MOBIL CORP 2.33%LOCKHEED MARTIN CORP 2.29%3M CO 2.26%ACCENTURE PLC-CL A 2.12%UNITED TECHNOLOGIES CORP 1.99%TRAVELERS COS INC/THE 1.92%INTL BUSINESS MACHINES CORP 1.91%CVS CAREMARK CORP 1.88%HONEYWELL INTERNATIONAL INC 1.87%GOLDMAN SACHS GROUP INC 1.85%CHEVRON CORP 1.81%NESTLE SA-REG 1.75%US BANCORP 1.68%BANK OF NEW YORK MELLON COR 1.64%UNITED PARCEL SERVICE-CL B 1.52%VERIZON COMMUNICATIONS INC 1.49%DIAGEO PLC 1.49%GENERAL MILLS INC 1.47%OCCIDENTAL PETROLEUM CORP 1.43%TARGET CORP 1.37%PPG INDUSTRIES INC 1.36%ORACLE CORP 1.32%FRANKLIN RESOURCES INC 1.31%WALT DISNEY CO/THE 1.26%DANAHER CORP 1.25%ABBOTT LABORATORIES 1.23%MEDTRONIC INC 1.20%COMCAST CORP-SPECIAL CL A 1.17%OMNICOM GROUP 1.15%ACE LTD 1.07%LORILLARD INC 1.06%MERCK & CO. INC. 1.05%MCDONALD'S CORP 1.02%JOHNSON CONTROLS INC 1.01%TYCO INTERNATIONAL LTD 1.01%THERMO FISHER SCIENTIFIC IN 0.96%STATE STREET CORP 0.93%EXPRESS SCRIPTS HOLDING CO 0.93%BLACKROCK INC 0.90%AON PLC 0.87%COVIDIEN PLC 0.85%DANONE 0.85%NORTHROP GRUMMAN CORP 0.83%EATON CORP PLC 0.81%CHUBB CORP 0.81%TIME WARNER INC 0.77%VIACOM INC-CLASS B 0.74%CANADIAN NATL RAILWAY CO 0.73%Security% of PortfolioPNC FINANCIAL SERVICES GROU 0.72%ST JUDE MEDICAL INC 0.72%STANLEY BLACK & DECKER INC 0.66%PRUDENTIAL CORE INVESTMENT 0.65%FISERV INC 0.64%NASDAQ OMX GROUP/THE 0.63%DELPHI AUTOMOTIVE PLC 0.62%VODAFONE GROUP PLC 0.58%ADVANCE AUTO PARTS INC 0.55%DR PEPPER SNAPPLE GROUP INC 0.54%TEXAS INSTRUMENTS INC 0.51%PROCTER & GAMBLE CO/THE 0.50%CROWN HOLDINGS INC 0.49%FIDELITY NATIONAL INFORMATI 0.48%ILLINOIS TOOL WORKS 0.43%VERIZON COMMUNICATIONS INC 0.43%MCGRAW HILL FINANCIAL INC 0.42%EOG RESOURCES INC 0.41%HASBRO INC 0.40%APACHE CORP 0.40%STAPLES INC 0.38%ALTRIA GROUP INC 0.36%DUKE ENERGY CORP 0.34%NOVARTIS AG-REG 0.32%MOODY'S CORP 0.31%AT&T INC 0.31%ROCHE HOLDING AG-GENUSSCHEI 0.30%MATTEL INC 0.28%WESTERN UNION CO 0.27%CITIGROUP INC 0.25%PENTAIR LTD-WHEN ISSUE 0.24%BED BATH & BEYOND INC 0.24%KELLOGG CO 0.23%KOHLS CORP 0.22%IMPERIAL TOBACCO GROUP PLC 0.21%GENERAL MOTORS CO 0.14%QUEST DIAGNOSTICS INC 0.10%UNITED TECH CORP 0.10%VALSPAR CORP 0.10%ZOETIS INC 0.03%TIME INC 0.03%AST Portfolio Holdings333 of 635

AST MFS Large-Cap Value PortfolioSecurity% of PortfolioJPMORGAN CHASE & CO 4.18%JOHNSON & JOHNSON 3.63%PHILIP MORRIS INTERNATIONAL 3.59%WELLS FARGO & CO 3.28%PFIZER INC 2.88%METLIFE INC 2.39%EXXON MOBIL CORP 2.33%LOCKHEED MARTIN CORP 2.29%3M CO 2.26%ACCENTURE PLC-CL A 2.12%UNITED TECHNOLOGIES CORP 1.99%TRAVELERS COS INC/THE 1.92%INTL BUSINESS MACHINES CORP 1.91%CVS CAREMARK CORP 1.88%HONEYWELL INTERNATIONAL INC 1.87%GOLDMAN SACHS GROUP INC 1.85%CHEVRON CORP 1.81%NESTLE SA-REG 1.75%US BANCORP 1.68%BANK OF NEW YORK MELLON COR 1.64%UNITED PARCEL SERVICE-CL B 1.52%VERIZON COMMUNICATIONS INC 1.49%DIAGEO PLC 1.49%GENERAL MILLS INC 1.47%OCCIDENTAL PETROLEUM CORP 1.43%TARGET CORP 1.37%PPG INDUSTRIES INC 1.36%ORACLE CORP 1.32%FRANKLIN RESOURCES INC 1.31%WALT DISNEY CO/THE 1.26%DANAHER CORP 1.25%ABBOTT LABORATORIES 1.23%MEDTRONIC INC 1.20%COMCAST CORP-SPECIAL CL A 1.17%OMNICOM GROUP 1.15%ACE LTD 1.07%LORILLARD INC 1.06%MERCK & CO. INC. 1.05%MCDONALD'S CORP 1.02%JOHNSON CONTROLS INC 1.01%TYCO INTERNATIONAL LTD 1.01%THERMO FISHER SCIENTIFIC IN 0.96%STATE STREET CORP 0.93%EXPRESS SCRIPTS HOLDING CO 0.93%BLACKROCK INC 0.90%AON PLC 0.87%COVIDIEN PLC 0.85%DANONE 0.85%NORTHROP GRUMMAN CORP 0.83%EATON CORP PLC 0.81%CHUBB CORP 0.81%TIME WARNER INC 0.77%VIACOM INC-CLASS B 0.74%CANADIAN NATL RAILWAY CO 0.73%Security% of PortfolioPNC FINANCIAL SERVICES GROU 0.72%ST JUDE MEDICAL INC 0.72%STANLEY BLACK & DECKER INC 0.66%PRUDENTIAL CORE INVESTMENT 0.65%FISERV INC 0.64%NASDAQ OMX GROUP/THE 0.63%DELPHI AUTOMOTIVE PLC 0.62%VODAFONE GROUP PLC 0.58%ADVANCE AUTO PARTS INC 0.55%DR PEPPER SNAPPLE GROUP INC 0.54%TEXAS INSTRUMENTS INC 0.51%PROCTER & GAMBLE CO/THE 0.50%CROWN HOLDINGS INC 0.49%FIDELITY NATIONAL INFORMATI 0.48%ILLINOIS TOOL WORKS 0.43%VERIZON COMMUNICATIONS INC 0.43%MCGRAW HILL FINANCIAL INC 0.42%EOG RESOURCES INC 0.41%HASBRO INC 0.40%APACHE CORP 0.40%STAPLES INC 0.38%ALTRIA GROUP INC 0.36%DUKE ENERGY CORP 0.34%NOVARTIS AG-REG 0.32%MOODY'S CORP 0.31%AT&T INC 0.31%ROCHE HOLDING AG-GENUSSCHEI 0.30%MATTEL INC 0.28%WESTERN UNION CO 0.27%CITIGROUP INC 0.25%PENTAIR LTD-WHEN ISSUE 0.24%BED BATH & BEYOND INC 0.24%KELLOGG CO 0.23%KOHLS CORP 0.22%IMPERIAL TOBACCO GROUP PLC 0.21%GENERAL MOTORS CO 0.14%QUEST DIAGNOSTICS INC 0.10%UNITED TECH CORP 0.10%VALSPAR CORP 0.10%ZOETIS INC 0.03%TIME INC 0.03%AST Portfolio Holdings334 of 635

AST Managed Equity PortfolioSecurity% of Portfolio(PD40) INT'L VALUE PORTFOLI 17.02%(PD50) INT'L GROWTH PORTFOL 16.97%(PDBM) PARAMETRIC EMERGING 10.70%(PDBK) TROWE LARGE CAP GROW 8.68%(PDX0) LARGE CAP VALUE PORT 8.55%(PDAU) QMA US EQUITY ALPHA 7.16%(3094) GS MID-CAP GROWTH 6.38%(PDZ0) NB/LSV MID-CAP VALUE 5.78%PRUDENTIAL CORE INVESTMENT 5.06%(3043) AST MFS GLOBAL EQUIT 4.72%(PDBW) CLEARBRIDGE DIVIDEND 4.30%(PDBL) GLOBAL REAL ESTATE P 1.93%(PDMN) AST JENNISON GLOBAL 0.94%(PD90) SMALL-CAP GROWTH 0.91%(30A0) SMALL CAP VALUE PORT 0.90%AST Portfolio Holdings335 of 635

AST Managed Fixed Income PortfolioSecurity% of Portfolio(296655) PRU CORE BOND PORT 34.28%(PDVZ) GS STRATEGIC INCOME 14.85%(PDBP) PIMCO TOTAL RETURN B 14.69%(PDBU) WESTERN EMERGING MAR 11.61%(PDMK) TEMPLETON BOND PORTF 9.79%(PD20) HIGH YIELD BOND PORT 7.90%(3019) PIMCO LIMITED MATURI 4.45%PRUDENTIAL CORE INVESTMENT 2.43%AST Portfolio Holdings336 of 635

AST Mid-Cap Value PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 2.67%ALLSTATE CORP 2.54%BRUNSWICK CORP 2.37%LINCOLN NATIONAL CORP 2.36%COMPUTER SCIENCES CORP 2.29%HCA HOLDINGS INC 2.28%ASHLAND INC 2.20%CAREFUSION CORP 1.98%NORDSTROM INC 1.93%DARDEN RESTAURANTS INC 1.93%MURPHY OIL CORP 1.91%WYNDHAM WORLDWIDE CORP 1.77%P G & E CORP 1.76%URS CORP 1.75%WERNER ENTERPRISES INC 1.70%M & T BANK CORP 1.70%TRANSDIGM GROUP INC 1.65%SONOCO PRODUCTS CO 1.64%AMERICAN TOWER CORP 1.61%PINNACLE WEST CAPITAL 1.59%STEELCASE INC-CL A 1.52%AVALONBAY COMMUNITIES INC 1.42%CIT GROUP INC 1.40%DUKE REALTY CORP 1.39%QEP RESOURCES INC 1.38%DELPHI AUTOMOTIVE PLC 1.33%CBL & ASSOCIATES PROPERTIES 1.32%CUMMINS INC 1.31%DANA HOLDING CORP 1.29%TJX COMPANIES INC 1.28%EXPRESS SCRIPTS HOLDING CO 1.26%BORGWARNER INC 1.21%BEMIS COMPANY 1.18%HCC INSURANCE HOLDINGS INC 1.16%HUNTINGTON INGALLS INDUSTRI 1.14%CARLISLE COS INC 1.14%VALSPAR CORP 1.10%GREAT PLAINS ENERGY INC 1.07%SEACOR HOLDINGS INC 1.05%ENDURANCE SPECIALTY HOLDING 1.05%INTUIT INC 1.02%PROTECTIVE LIFE CORP 1.01%INTERCONTINENTAL EXCHANGE I 0.93%MFA FINANCIAL INC 0.91%EASTMAN CHEMICAL CO 0.90%CSX CORP 0.89%SNAP-ON INC 0.83%MATTEL INC 0.81%ACTIVISION BLIZZARD INC 0.81%KEYCORP 0.79%CF INDUSTRIES HOLDINGS INC 0.75%WHITING PETROLEUM CORP 0.75%SEALED AIR CORP 0.73%NEWFIELD EXPLORATION CO 0.73%Security% of PortfolioNABORS INDUSTRIES LTD 0.73%XILINX INC 0.72%DR HORTON INC 0.69%MEDNAX INC 0.68%CBRE GROUP INC - A 0.67%RAYMOND JAMES FINANCIAL INC 0.65%COVANCE INC 0.64%UGI CORP 0.63%AKAMAI TECHNOLOGIES INC 0.63%NORTHROP GRUMMAN CORP 0.62%EPR PROPERTIES 0.62%OLD DOMINION FREIGHT LINE 0.62%STIFEL FINANCIAL CORP 0.61%ALEXANDRIA REAL ESTATE EQUI 0.61%FLEXTRONICS INTL LTD 0.60%REPUBLIC SERVICES INC 0.60%ECHOSTAR CORP-A 0.60%CAPSTEAD MORTGAGE CORP 0.60%TCF FINANCIAL CORP 0.59%SYNOPSYS INC 0.59%REINSURANCE GROUP OF AMERIC 0.57%GATX CORP 0.57%CR BARD INC 0.57%BOSTON PROPERTIES INC 0.56%ENERGEN CORP 0.56%RENAISSANCERE HOLDINGS LTD 0.56%ALLEGHENY TECHNOLOGIES INC 0.56%JOY GLOBAL INC 0.54%DOVER CORP 0.53%PROGRESSIVE CORP 0.52%CONVERGYS CORP 0.52%GLOBAL PAYMENTS INC 0.49%HUMANA INC 0.48%MASCO CORP 0.46%NORTHERN TRUST CORP 0.46%EATON VANCE CORP 0.45%AUTODESK INC 0.45%INTEGRYS ENERGY GROUP INC 0.44%ONEOK INC 0.43%SCOTTS MIRACLE-GRO CO-CL A 0.39%ASTORIA FINANCIAL CORP 0.35%INTL GAME TECHNOLOGY 0.31%AST Portfolio Holdings337 of 635

AST Mid-Cap Value PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 2.67%ALLSTATE CORP 2.54%BRUNSWICK CORP 2.37%LINCOLN NATIONAL CORP 2.36%COMPUTER SCIENCES CORP 2.29%HCA HOLDINGS INC 2.28%ASHLAND INC 2.20%CAREFUSION CORP 1.98%NORDSTROM INC 1.93%DARDEN RESTAURANTS INC 1.93%MURPHY OIL CORP 1.91%WYNDHAM WORLDWIDE CORP 1.77%P G & E CORP 1.76%URS CORP 1.75%WERNER ENTERPRISES INC 1.70%M & T BANK CORP 1.70%TRANSDIGM GROUP INC 1.65%SONOCO PRODUCTS CO 1.64%AMERICAN TOWER CORP 1.61%PINNACLE WEST CAPITAL 1.59%STEELCASE INC-CL A 1.52%AVALONBAY COMMUNITIES INC 1.42%CIT GROUP INC 1.40%DUKE REALTY CORP 1.39%QEP RESOURCES INC 1.38%DELPHI AUTOMOTIVE PLC 1.33%CBL & ASSOCIATES PROPERTIES 1.32%CUMMINS INC 1.31%DANA HOLDING CORP 1.29%TJX COMPANIES INC 1.28%EXPRESS SCRIPTS HOLDING CO 1.26%BORGWARNER INC 1.21%BEMIS COMPANY 1.18%HCC INSURANCE HOLDINGS INC 1.16%HUNTINGTON INGALLS INDUSTRI 1.14%CARLISLE COS INC 1.14%VALSPAR CORP 1.10%GREAT PLAINS ENERGY INC 1.07%SEACOR HOLDINGS INC 1.05%ENDURANCE SPECIALTY HOLDING 1.05%INTUIT INC 1.02%PROTECTIVE LIFE CORP 1.01%INTERCONTINENTAL EXCHANGE I 0.93%MFA FINANCIAL INC 0.91%EASTMAN CHEMICAL CO 0.90%CSX CORP 0.89%SNAP-ON INC 0.83%MATTEL INC 0.81%ACTIVISION BLIZZARD INC 0.81%KEYCORP 0.79%CF INDUSTRIES HOLDINGS INC 0.75%WHITING PETROLEUM CORP 0.75%SEALED AIR CORP 0.73%NEWFIELD EXPLORATION CO 0.73%Security% of PortfolioNABORS INDUSTRIES LTD 0.73%XILINX INC 0.72%DR HORTON INC 0.69%MEDNAX INC 0.68%CBRE GROUP INC - A 0.67%RAYMOND JAMES FINANCIAL INC 0.65%COVANCE INC 0.64%UGI CORP 0.63%AKAMAI TECHNOLOGIES INC 0.63%NORTHROP GRUMMAN CORP 0.62%EPR PROPERTIES 0.62%OLD DOMINION FREIGHT LINE 0.62%STIFEL FINANCIAL CORP 0.61%ALEXANDRIA REAL ESTATE EQUI 0.61%FLEXTRONICS INTL LTD 0.60%REPUBLIC SERVICES INC 0.60%ECHOSTAR CORP-A 0.60%CAPSTEAD MORTGAGE CORP 0.60%TCF FINANCIAL CORP 0.59%SYNOPSYS INC 0.59%REINSURANCE GROUP OF AMERIC 0.57%GATX CORP 0.57%CR BARD INC 0.57%BOSTON PROPERTIES INC 0.56%ENERGEN CORP 0.56%RENAISSANCERE HOLDINGS LTD 0.56%ALLEGHENY TECHNOLOGIES INC 0.56%JOY GLOBAL INC 0.54%DOVER CORP 0.53%PROGRESSIVE CORP 0.52%CONVERGYS CORP 0.52%GLOBAL PAYMENTS INC 0.49%HUMANA INC 0.48%MASCO CORP 0.46%NORTHERN TRUST CORP 0.46%EATON VANCE CORP 0.45%AUTODESK INC 0.45%INTEGRYS ENERGY GROUP INC 0.44%ONEOK INC 0.43%SCOTTS MIRACLE-GRO CO-CL A 0.39%ASTORIA FINANCIAL CORP 0.35%INTL GAME TECHNOLOGY 0.31%AST Portfolio Holdings338 of 635

AST Money Market PortfolioSecurity% of PortfolioTRI-PARTY BNP PARIBAS SECUR 8/01/2014 6.45%US BANK NATIONAL ASSOCIATIO 8/01/2014 2.78%FHLB 9/03/2014 2.32%TRI-PARTY GOLDMAN SACHS & C 8/01/2014 1.63%FED HOME LN BANK 5/28/2015 1.38%FED HOME LN BANK 8/15/2014 1.38%FHLB 9/12/2014 1.38%TOTAL CAPITAL SA: 4-2 8/01/2014 1.29%FED HOME LN BANK 8/20/2014 1.29%PRINCIPAL LFE II 9/19/2014 1.25%FHLB 12/08/2014 1.20%SCHLUMBERGER INVESTMENT SA: 8/14/2014 1.20%FREDDIE MAC 7/17/2015 1.12%FHLB 8/08/2014 1.12%FHLB 9/10/2014 1.03%SVENSKA HNDLSBK 10/06/2014 0.99%BNP PARIBAS SA 4/10/2015 0.95%DNB BANK ASA 9/10/2014 0.95%CITIBANK NA 9/03/2014 0.95%COMMONWEALTH BK AUSTRALI 4/23/2015 0.95%FHLB 8/22/2014 0.95%FHLB 9/17/2014 0.95%FHLB 9/17/2014 0.95%FHLB 10/22/2014 0.95%GENERAL ELECTRIC 1/27/2015 0.95%SVENSKA HNDLSBK 12/19/2014 0.86%CITIBANK NA 11/04/2014 0.86%SUMITOMO MITSUI BANKING COR 2/02/2015 0.86%BANK OF AMER NA 11/03/2014 0.86%STATE STREET BK & TR CO 10/08/2014 0.86%TRI-PARTY GOLDMAN SACHS&CO 8/05/2014 0.86%CAISSE CENTRALE DESJARDIN 10/23/2014 0.86%TRI-PARTY GOLDMAN SACHS & C 8/06/2014 0.86%FHLB 10/08/2014 0.86%INT BK RECON&DEV 1/14/2015 0.86%CREDIT AGRICOLE SA 10/09/2014 0.77%RABOBANK NED NY 4/14/2015 0.77%BRANCH BANKING AND TRUST CO 9/29/2014 0.77%WELLS FARGO BANK NA 10/21/2014 0.77%FED HOME LN BANK 12/09/2014 0.77%STATE STREET CORP: 3-A-3 9/03/2014 0.77%PNC BANK NATIONAL 8/25/2014 0.77%CREDIT SUISSE (NY BRANCH): 9/15/2014 0.77%ING US FUNDING LLC: 3-A-3 11/20/2014 0.77%ROYAL BK CANADA 1/06/2015 0.69%PROCTER & GAMBLE 8/15/2014 0.69%PNC BK NA: 3-A-3 3/27/2015 0.69%FED HOME LN BANK 3/26/2015 0.69%AUSTRALIA & NEW ZEALAND BAN 9/22/2014 0.69%TOYOTA MTR CRED 10/08/2014 0.69%BANK NOVA SC HOU 6/29/2015 0.69%SUMITOMO MITSUI BANKING COR 10/10/2014 0.69%CREDIT AGRICOLE SA 9/02/2014 0.69%BANK OF TOKYO-MITSUBISHI UF 10/14/2014 0.69%Security% of PortfolioSTAND CHART NY 10/16/2014 0.69%FED HOME LN BANK 8/12/2014 0.69%FED HOME LN BANK 11/18/2014 0.69%FHLB 8/06/2014 0.69%FHLB 10/24/2014 0.69%SKANDINAVISKA ENSKILDA BANK 10/14/2014 0.69%SANOFI 9/30/2014 0.65%WELLS FARGO BANK 7/20/2015 0.60%HSBC BANK PLC 1/30/2015 0.60%FED HOME LN BANK 7/10/2015 0.60%DNB BANK ASA 1/16/2015 0.60%BRANCH BANKING AND TRUST CO 9/22/2014 0.60%FHLB 8/13/2014 0.60%FHLB 8/08/2014 0.60%FHLB 8/13/2014 0.60%FHLB 8/10/2015 0.60%FED HOME LN BANK 12/19/2014 0.60%FED HOME LN BANK 12/18/2014 0.60%FNMA 9/08/2014 0.60%FHLB 10/24/2014 0.60%ELECTRICITE DE FRANCE: 4-2 10/03/2014 0.60%FED HOME LN BANK 12/24/2015 0.60%SWEDBANK AB: 3-A-3A 1/22/2015 0.60%FANNIE MAE 8/05/2015 0.52%JP MORGAN SECURITIES LLC/CP 11/18/2014 0.52%US BK NATL ASSOCIATION 12/09/2014 0.52%BANK OF AMER NA 2/02/2015 0.52%FED HOME LN BANK 4/02/2015 0.52%FHLB 8/20/2014 0.52%FHLB 9/19/2014 0.52%SIEMENS CAPITAL CO LLC: 4-2 9/26/2014 0.52%PSP CAPITAL INC: 3-C-7 10/16/2014 0.52%CDP FINANCIAL INC: 4-2 10/06/2014 0.52%ABN AMRO FUNDING USA LLC: 4 10/08/2014 0.52%ABN AMRO FUNDING USA LLC: 4 11/03/2014 0.52%SWEDBANK AB: 3-A-3A 1/05/2015 0.52%CATERPILLAR FINL 8/27/2014 0.43%SVENSKA HANDELSBANKEN 1/28/2015 0.43%CITIBANK NA 8/06/2014 0.43%JP MORGAN SECURITIES LLC 12/16/2014 0.43%BANK OF AMER NA 9/16/2014 0.43%WESRPAC BKG CORP: 4-2 4/29/2015 0.43%TOYOTA MTR CRED 1/14/2015 0.43%WELLS FARGO BANK 3/17/2015 0.43%FED HOME LN BANK 2/23/2015 0.43%TOYOTA MOTOR CR CORP: 3-A-3 4/09/2015 0.43%BNP PARIBAS SA 8/18/2014 0.43%FHLB 8/13/2014 0.43%FHLB 8/18/2014 0.43%SCHLUMBERGER INVESTMENT SA: 8/14/2014 0.43%FHLB 9/24/2014 0.43%FHLB 10/17/2014 0.43%PSP CAPITAL INC: 3-C-7 10/08/2014 0.43%BANK NOVA SC HOU 9/30/2014 0.34%AST Portfolio Holdings339 of 635

AST Money Market Portfolio (continued)Security% of PortfolioBANK NOVA SC HOU 11/10/2014 0.34%NATIXIS 8/04/2014 0.34%HSBC BK PLC: 4-2 5/07/2015 0.34%FED HOME LN BANK 2/18/2015 0.34%HSBC BANK PLC 2/12/2015 0.34%BANK OF AMER NA 8/27/2014 0.34%FHLB 8/13/2014 0.34%FHLB 8/20/2014 0.34%FHLB 8/27/2014 0.34%FHLB 9/05/2014 0.34%CDP FINANCIAL INC: 4-2 8/20/2014 0.34%STATE STREET CORP: 3-A-3 8/29/2014 0.34%FHLB 10/14/2014 0.34%FHLB 10/15/2014 0.34%FHLB 10/17/2014 0.34%GENERAL ELECTRIC CAPITAL CO 10/14/2014 0.34%METLIFE INSTITUT 1/06/2015 0.34%FREDDIE MAC 10/16/2015 0.26%RABOBANK NEDERLAND NY 5/29/2015 0.26%INTL FIN CORP 1/28/2015 0.26%ROYAL BK CAN NY 2/12/2015 0.26%BANK OF MONTREAL, CHICAGO B 6/03/2015 0.26%FED HOME LN BANK 8/19/2014 0.26%STANDARD CHARTERED BANK (NE 10/27/2014 0.26%STATE STREET BK & TR CO 3/12/2015 0.26%WELLS FARGO BK NA 5/12/2015 0.26%BANK OF MONTREAL 1/26/2015 0.26%ROYAL BK CAN NY 10/17/2014 0.26%BRANCH BANKING AND TRUST CO 9/26/2014 0.26%CAN IMPL BK NY 5/06/2015 0.26%FED HOME LN BANK 12/12/2014 0.26%FED HOME LN BANK 11/18/2014 0.26%FED HOME LN BANK 5/12/2015 0.26%CPPIB CAPITAL INC: 3-C-7 10/14/2014 0.26%CPPIB CAPITAL INC: 3-C-7 10/17/2014 0.26%ABN AMRO FUNDING USA LLC: 4 1/05/2015 0.26%ABN AMRO FUNDING USA LLC: 4 1/15/2015 0.26%FED FARM CREDIT 7/27/2015 0.17%RABOBANK NED NY 2/25/2015 0.17%CAN IMPL BK NY 8/11/2014 0.17%NORINCHUKIN BANK (NEW YORK 9/16/2014 0.17%FED HOME LN BANK 8/12/2014 0.17%TREASURY BILL 8/21/2014 0.17%FHLB 1/05/2015 0.17%COM BK AUSTR NY 3/16/2015 0.09%PNC BK NA: 3-A-3 1/16/2015 0.09%CDP FINANCIAL INC: 4-2 9/02/2014 0.09%AST Portfolio Holdings340 of 635

AST Money Market PortfolioSecurity% of PortfolioTRI-PARTY BNP PARIBAS SECUR 8/01/2014 6.45%US BANK NATIONAL ASSOCIATIO 8/01/2014 2.78%FHLB 9/03/2014 2.32%TRI-PARTY GOLDMAN SACHS & C 8/01/2014 1.63%FED HOME LN BANK 5/28/2015 1.38%FED HOME LN BANK 8/15/2014 1.38%FHLB 9/12/2014 1.38%FED HOME LN BANK 8/20/2014 1.29%TOTAL CAPITAL SA: 4-2 8/01/2014 1.29%PRINCIPAL LFE II 9/19/2014 1.25%FHLB 12/08/2014 1.20%SCHLUMBERGER INVESTMENT SA: 8/14/2014 1.20%FREDDIE MAC 7/17/2015 1.12%FHLB 8/08/2014 1.12%FHLB 9/10/2014 1.03%SVENSKA HNDLSBK 10/06/2014 0.99%COMMONWEALTH BK AUSTRALI 4/23/2015 0.95%CITIBANK NA 9/03/2014 0.95%DNB BANK ASA 9/10/2014 0.95%BNP PARIBAS SA 4/10/2015 0.95%FHLB 8/22/2014 0.95%FHLB 9/17/2014 0.95%FHLB 9/17/2014 0.95%FHLB 10/22/2014 0.95%GENERAL ELECTRIC 1/27/2015 0.95%SVENSKA HNDLSBK 12/19/2014 0.86%TRI-PARTY GOLDMAN SACHS&CO 8/05/2014 0.86%TRI-PARTY GOLDMAN SACHS & C 8/06/2014 0.86%CAISSE CENTRALE DESJARDIN 10/23/2014 0.86%BANK OF AMER NA 11/03/2014 0.86%STATE STREET BK & TR CO 10/08/2014 0.86%SUMITOMO MITSUI BANKING COR 2/02/2015 0.86%CITIBANK NA 11/04/2014 0.86%FHLB 10/08/2014 0.86%INT BK RECON&DEV 1/14/2015 0.86%WELLS FARGO BANK NA 10/21/2014 0.77%FED HOME LN BANK 12/09/2014 0.77%BRANCH BANKING AND TRUST CO 9/29/2014 0.77%RABOBANK NED NY 4/14/2015 0.77%CREDIT AGRICOLE SA 10/09/2014 0.77%STATE STREET CORP: 3-A-3 9/03/2014 0.77%PNC BANK NATIONAL 8/25/2014 0.77%CREDIT SUISSE (NY BRANCH): 9/15/2014 0.77%ING US FUNDING LLC: 3-A-3 11/20/2014 0.77%ROYAL BK CANADA 1/06/2015 0.69%PROCTER & GAMBLE 8/15/2014 0.69%BANK OF TOKYO-MITSUBISHI UF 10/14/2014 0.69%STAND CHART NY 10/16/2014 0.69%BANK NOVA SC HOU 6/29/2015 0.69%SUMITOMO MITSUI BANKING COR 10/10/2014 0.69%CREDIT AGRICOLE SA 9/02/2014 0.69%AUSTRALIA & NEW ZEALAND BAN 9/22/2014 0.69%TOYOTA MTR CRED 10/08/2014 0.69%FED HOME LN BANK 3/26/2015 0.69%Security% of PortfolioPNC BK NA: 3-A-3 3/27/2015 0.69%FED HOME LN BANK 8/12/2014 0.69%FED HOME LN BANK 11/18/2014 0.69%FHLB 8/06/2014 0.69%FHLB 10/24/2014 0.69%SKANDINAVISKA ENSKILDA BANK 10/14/2014 0.69%SANOFI 9/30/2014 0.65%WELLS FARGO BANK 7/20/2015 0.60%BRANCH BANKING AND TRUST CO 9/22/2014 0.60%DNB BANK ASA 1/16/2015 0.60%FED HOME LN BANK 7/10/2015 0.60%HSBC BANK PLC 1/30/2015 0.60%FHLB 8/13/2014 0.60%FHLB 8/08/2014 0.60%FHLB 8/13/2014 0.60%FHLB 8/10/2015 0.60%FED HOME LN BANK 12/19/2014 0.60%FED HOME LN BANK 12/18/2014 0.60%FNMA 9/08/2014 0.60%FHLB 10/24/2014 0.60%ELECTRICITE DE FRANCE: 4-2 10/03/2014 0.60%FED HOME LN BANK 12/24/2015 0.60%SWEDBANK AB: 3-A-3A 1/22/2015 0.60%FANNIE MAE 8/05/2015 0.52%BANK OF AMER NA 2/02/2015 0.52%US BK NATL ASSOCIATION 12/09/2014 0.52%JP MORGAN SECURITIES LLC/CP 11/18/2014 0.52%FED HOME LN BANK 4/02/2015 0.52%FHLB 8/20/2014 0.52%FHLB 9/19/2014 0.52%SIEMENS CAPITAL CO LLC: 4-2 9/26/2014 0.52%PSP CAPITAL INC: 3-C-7 10/16/2014 0.52%CDP FINANCIAL INC: 4-2 10/06/2014 0.52%ABN AMRO FUNDING USA LLC: 4 10/08/2014 0.52%ABN AMRO FUNDING USA LLC: 4 11/03/2014 0.52%SWEDBANK AB: 3-A-3A 1/05/2015 0.52%CATERPILLAR FINL 8/27/2014 0.43%SVENSKA HANDELSBANKEN 1/28/2015 0.43%CITIBANK NA 8/06/2014 0.43%BNP PARIBAS SA 8/18/2014 0.43%WELLS FARGO BANK 3/17/2015 0.43%FED HOME LN BANK 2/23/2015 0.43%TOYOTA MOTOR CR CORP: 3-A-3 4/09/2015 0.43%WESRPAC BKG CORP: 4-2 4/29/2015 0.43%TOYOTA MTR CRED 1/14/2015 0.43%BANK OF AMER NA 9/16/2014 0.43%JP MORGAN SECURITIES LLC 12/16/2014 0.43%FHLB 8/13/2014 0.43%FHLB 8/18/2014 0.43%SCHLUMBERGER INVESTMENT SA: 8/14/2014 0.43%FHLB 9/24/2014 0.43%FHLB 10/17/2014 0.43%PSP CAPITAL INC: 3-C-7 10/08/2014 0.43%BANK NOVA SC HOU 9/30/2014 0.34%AST Portfolio Holdings341 of 635

AST Money Market Portfolio (continued)Security% of PortfolioBANK NOVA SC HOU 11/10/2014 0.34%BANK OF AMER NA 8/27/2014 0.34%FED HOME LN BANK 2/18/2015 0.34%HSBC BANK PLC 2/12/2015 0.34%HSBC BK PLC: 4-2 5/07/2015 0.34%NATIXIS 8/04/2014 0.34%FHLB 8/13/2014 0.34%FHLB 8/20/2014 0.34%FHLB 8/27/2014 0.34%FHLB 9/05/2014 0.34%CDP FINANCIAL INC: 4-2 8/20/2014 0.34%STATE STREET CORP: 3-A-3 8/29/2014 0.34%FHLB 10/14/2014 0.34%FHLB 10/15/2014 0.34%FHLB 10/17/2014 0.34%GENERAL ELECTRIC CAPITAL CO 10/14/2014 0.34%METLIFE INSTITUT 1/06/2015 0.34%FREDDIE MAC 10/16/2015 0.26%RABOBANK NEDERLAND NY 5/29/2015 0.26%INTL FIN CORP 1/28/2015 0.26%CAN IMPL BK NY 5/06/2015 0.26%WELLS FARGO BK NA 5/12/2015 0.26%BANK OF MONTREAL 1/26/2015 0.26%ROYAL BK CAN NY 10/17/2014 0.26%BRANCH BANKING AND TRUST CO 9/26/2014 0.26%STANDARD CHARTERED BANK (NE 10/27/2014 0.26%STATE STREET BK & TR CO 3/12/2015 0.26%FED HOME LN BANK 8/19/2014 0.26%BANK OF MONTREAL, CHICAGO B 6/03/2015 0.26%ROYAL BK CAN NY 2/12/2015 0.26%FED HOME LN BANK 12/12/2014 0.26%FED HOME LN BANK 11/18/2014 0.26%FED HOME LN BANK 5/12/2015 0.26%CPPIB CAPITAL INC: 3-C-7 10/14/2014 0.26%CPPIB CAPITAL INC: 3-C-7 10/17/2014 0.26%ABN AMRO FUNDING USA LLC: 4 1/05/2015 0.26%ABN AMRO FUNDING USA LLC: 4 1/15/2015 0.26%FED FARM CREDIT 7/27/2015 0.17%RABOBANK NED NY 2/25/2015 0.17%CAN IMPL BK NY 8/11/2014 0.17%NORINCHUKIN BANK (NEW YORK 9/16/2014 0.17%FED HOME LN BANK 8/12/2014 0.17%TREASURY BILL 8/21/2014 0.17%FHLB 1/05/2015 0.17%COM BK AUSTR NY 3/16/2015 0.09%PNC BK NA: 3-A-3 1/16/2015 0.09%CDP FINANCIAL INC: 4-2 9/02/2014 0.09%AST Portfolio Holdings342 of 635

AST Multi-Sector Fixed Income PortfolioSecurity% of PortfolioFVU4 US 5YR NOTE (CBT) 10/08/2014 9.76%TUU4S US 2YR NOTE (CBT) 10/08/2014 4.65%WNU4S US ULTRA BOND(CBT) 10/05/2014 3.61%USU4S US LONG BOND (CBT) SE 10/05/2014 2.95%PRUDENTIAL CORE INVESTMENT 2.25%TYU4S US10YR NOTE (CBT) 10/05/2014 1.81%VERIZON COMM INC 9/15/2043 1.40%COMM MORTGAGE TRUST 8/10/2047 0.78%GEN ELECTRIC CO 3/11/2044 0.77%CGCMT_14-GC23 7/10/2047 0.77%HOME DEPOT INC 3/15/2045 0.68%ANHEUSER-BUSCH 2/01/2044 0.64%DOW CHEMICAL CO 11/15/2021 0.59%GS MORTGAGE SECURITIES TRUS 6/10/2047 0.59%WFMC 2014 3.503% 8/15/2050 0.59%INTL PAPER CO 6/15/2044 0.51%ERAC USA FINANCE 3.3% 10/15/2022 0.49%PROGRESS ENERGY 3/01/2031 0.48%PFIZER INC 5/15/2044 0.47%TARGET CORP 7/01/2024 0.47%EASTMAN CHEMICAL 8/15/2022 0.46%GOLDMAN SACHS GP 10/01/2037 0.44%LOS ANGELES CA DEPT WTR & P 7/01/2050 0.43%LYB INTL FIN 3/15/2044 0.42%MORGAN STANLEY 7/24/2042 0.42%COMCAST CORP 3/15/2037 0.40%JPMBB COMMERCIAL MORTGAGE S 1/15/2047 0.40%GS MORTGAGE SECURITIES TRUS 1/10/2047 0.40%METROPLTN EDISON 4/15/2025 0.39%SASOL FINANCING 11/14/2022 0.39%FORD MOTOR CO 7/16/2031 0.39%COMM MORTGAGE TRUST 7/15/2047 0.39%AMER AIRLINES 20 1/15/2023 0.39%AMGEN INC 11/15/2041 0.39%MICRON TECH 2/01/2025 0.38%APPLE INC 5/04/2043 0.38%TIME WARNER CABL 9/15/2042 0.37%CMS ENERGY 3/01/2024 0.37%BHP FINANCE USA 9/30/2043 0.37%ORACLE CORP 7/08/2034 0.36%MASSMUTUAL GLBL 4/09/2024 0.36%SOUTHERN COPPER 4/16/2040 0.36%FOREST LABORATOR 2/15/2021 0.36%AT&T INC 6/15/2044 0.36%DELMARVA PR & LT 11/15/2023 0.35%FREEPORT-MC C&G 3/15/2043 0.33%NORTHERN ST PR-M 5/15/2044 0.33%CF INDUSTRIES 5.375% 3/15/2044 0.33%NEW JERSEY ST TURNPIKE AUTH 1/01/2041 0.33%MIDAMERICAN ENER 10/15/2044 0.33%GLENCORE FDG LLC 4/29/2019 0.32%COMM MORTGAGE TRUST 2/10/2047 0.32%TYCO ELECTRONICS 2/03/2022 0.32%CON EDISON NY 3/15/2044 0.32%Security% of PortfolioPPL CAPITAL FDG 3/15/2044 0.31%VERIZON COMM INC 3/15/2034 0.31%PETROLEOS MEXICA 1/23/2045 0.30%MEAD JOHNSON NUT 6/01/2044 0.30%MACYS RETAIL HLD 1/15/2022 0.30%LIBERTY MUTUAL 6/01/2021 0.30%WELLS FARGO CO 1/15/2044 0.30%KINDER MORGAN EN 3/01/2044 0.29%CITIGROUP COMMERCIAL MORTGA 5/10/2047 0.29%JPMORGAN CHASE 8/16/2043 0.29%TAMPA ELECTRIC 5/15/2044 0.29%CANADIAN NATL RE 4/15/2024 0.29%TIME WARNER INC 3/29/2041 0.29%INTL PAPER CO 11/15/2041 0.29%ENTERPRISE PRODU 2/15/2045 0.28%VERIZON COMM INC 9/15/2033 0.28%EL PASO PIPELINE 4/01/2020 0.28%DELPHI CORP 3/15/2024 0.28%PACIFIC GAS&ELEC 11/15/2043 0.28%SLM CORP 6/15/2018 0.27%AT&T INC 9/01/2040 0.27%JPMORGAN CHASE 12/31/2049 0.27%GENERAL MOTORS 10/02/2043 0.27%SINOPEC GRP OVER 4/10/2017 0.26%PACIFIC RUBIALES 1/26/2019 0.25%VIACOM INC 9/01/2043 0.25%CVS CAREMARK 12/05/2043 0.25%NEW JERSEY ST TURNPIKE AUTH 1/01/2040 0.25%GEN MOTORS FIN 7/10/2017 0.25%3M CO 6/15/2044 0.24%ROYAL BK SCOTLND 5/28/2024 0.24%TIME WARNER CABL 7/01/2038 0.24%AMGEN INC 6/15/2042 0.24%NISOURCE FIN CP 3/01/2022 0.24%JEFFERIES GROUP 1/20/2043 0.24%MASCO CORP 10/03/2016 0.24%ANADARKO PETRO 9/15/2036 0.23%AMGEN INC 5/22/2024 0.23%WAL-MART STORES 4/22/2044 0.23%CITIGROUP INC 1/30/2042 0.23%BANK OF AMER CRP 4/01/2044 0.23%ASHLAND INC 8/15/2022 0.23%MORGAN STANLEY BAML TRUST 10/15/2046 0.22%QWEST CORP 12/01/2021 0.22%LYB INTL FIN 7/15/2043 0.22%HEWLETT-PACK CO 9/15/2041 0.22%METLIFE INC 6/15/2035 0.22%AGRIUM INC 1/15/2041 0.22%DIRECTV HLDGS/FN 8/15/2040 0.21%WISC PUB SERVICE 11/01/2044 0.21%TIME WARNER INC 3/29/2021 0.21%WEYERHAEUSER CO 3/15/2032 0.21%RIO TINTO FINANC 5.2% 11/02/2040 0.21%SOUTHWEST GAS CP 10/01/2043 0.21%AST Portfolio Holdings343 of 635

AST Multi-Sector Fixed Income Portfolio (continued)Security% of PortfolioUNITED TECH CORP 9/15/2029 0.21%UNTD AIR 14-2 A 9/03/2026 0.21%AMERICA MOVIL SA 3/30/2020 0.21%GOLDMAN SACHS GP 7/08/2044 0.21%NBCUNIVERSAL MED 1/15/2043 0.21%CITIGROUP INC 5/06/2044 0.21%WILLIAMS PARTNER 1/15/2045 0.21%METLIFE INC 11/13/2043 0.21%CAMERON INTERNAT 7/15/2038 0.20%COMM 2013-CR12 10/10/2046 0.20%DTE ENERGY CO 12/01/2023 0.20%JPMORGAN CHASE 4/30/2018 0.20%WFRBS_14-LC14 3/15/2047 0.20%RIO TINTO FINANC 11/02/2020 0.20%BRISTOL-MYER SQB 8/01/2097 0.20%AMER INTL GROUP 7/16/2044 0.20%LOS ANGELES CA 6.574% 7/01/2045 0.19%BANK OF AMER CRP 1/21/2044 0.19%LINCOLN NATL CRP 10/09/2037 0.19%FEDEX CORP 1/15/2044 0.19%COCA-COLA CO/THE 11/01/2023 0.19%NOVARTIS CAPITAL 5/06/2044 0.19%AMER INTL GROUP 12/15/2020 0.18%PACIFIC GAS&ELEC 6/15/2043 0.18%SOUTH CAROL E&G 6/01/2064 0.18%DTE ELECTRIC CO 7/01/2044 0.18%WEYERHAEUSER CO 1/15/2025 0.18%ONEOK PARTNERS 9/15/2043 0.18%ALTRIA GROUP INC 1/31/2044 0.18%PFIZER INC 3/15/2039 0.18%21ST CENTURY FOX 10/01/2043 0.18%VIACOM INC 6/15/2043 0.18%UNTD AIR 2014-1 4/11/2026 0.18%AMPHENOL CORP 1/30/2019 0.18%BARCLAYS BK PLC 5/15/2024 0.17%WILLIAMS PARTNER 11/15/2043 0.17%DIRECTV HLDGS/FN 3/15/2042 0.17%AMERICA MOVIL SA 3/30/2040 0.17%NEWELL RUBBERMAI 8/15/2020 0.17%LOWES COMPANIES 11/15/2041 0.17%SYNGENTA FINANCE 3/28/2042 0.17%MYLAN INC 7/15/2020 0.17%TIME WARNER INC 6/01/2044 0.17%PUB SVC NEW HAMP 11/01/2023 0.17%CATERPILLAR INC 5/15/2064 0.17%ANADARKO PETRO 10/10/2036 0.17%CMS ENERGY 3/01/2044 0.17%CITIGROUP INC 11/07/2043 0.17%BAY AREA CA TOLL AUTH TOLL 4/01/2049 0.16%CONTINENTAL RES 4/15/2023 0.16%MONSANTO CO 11/15/2043 0.16%AVIV HEALTHCARE 10/15/2021 0.16%STARWOOD HOTELS 5/15/2018 0.16%BANK OF NY MELLON3.95 11/18/2025 0.16%Security% of PortfolioGOLDCORP INC 6/09/2021 0.16%WHITING PETRO 5.75% 3/15/2021 0.16%MAXIM INTEGRATED 11/15/2018 0.16%EOG RESOURCES IN 4/01/2020 0.15%WYNN MACAU LTD 5.25% 10/15/2021 0.15%LORILLARD TOBACC 8/04/2041 0.15%VERIZON COMM INC 6/09/2017 0.15%BED BATH BEYOND 8/01/2044 0.15%DUKE ENERGY FIEL 11/03/2036 0.15%ENTERPRISE PRODU 3/15/2044 0.15%KINDER MORGAN EN 3/01/2043 0.15%WISCONSIN ELECTR 6/01/2044 0.15%LYONDELLBASELL 11/15/2021 0.15%GEORGIA-PACIFIC 6/01/2028 0.15%CNH CAPITAL LLC 2/01/2017 0.15%MONSANTO CO 7/15/2064 0.15%AXIS SPECLTY FIN 4/01/2045 0.15%MOSAIC CO 11/15/2043 0.15%WESTAR ENERGY 4/01/2043 0.14%LEUCADIA NATL 10/23/2043 0.14%BERKSHIRE HATH 5/15/2043 0.14%STEELCASE INC 2/15/2021 0.14%BIOMED REALTY LP 5/01/2019 0.14%NORTHERN TRST CO 10/30/2025 0.14%ERAC USA FINANCE 10/15/2037 0.14%SLM CORP 3/25/2020 0.14%WACHOVIA BANK COMMERCIAL MO 5/15/2046 0.14%PHILIPS ELECTRON 3/15/2042 0.14%FLORIDA POWER & 6/01/2024 0.14%METLIFE CAP TR X 4/08/2038 0.14%FORD MOTOR CO 9.98% 2/15/2047 0.14%MORGAN STANLEY 12/31/2049 0.14%DIST OF COLUMBIA WTR & SWR 10/01/2044 0.14%ACTAVIS FUNDING 6/15/2044 0.14%PHILIP MORRIS IN 11/15/2043 0.14%DAIMLER FINANCE 3/10/2021 0.14%DEVON FINANCING 7.87% 9/30/2031 0.14%NORFOLK SOUTHERN 5/17/2025 0.13%WESTERN GAS PART 4/01/2044 0.13%PSEG POWER LLC 11/15/2023 0.13%MEDTRONIC INC 3/15/2044 0.13%TRUST F/1401 12/15/2024 0.13%LIFEPOINT HOSPIT 12/01/2021 0.13%DEVON ENERGY 7/15/2041 0.13%GEORGIA-PACIFIC 11/01/2020 0.13%PEOPLES UNITED 7/15/2024 0.13%GEORGE WASHINGTO 9/15/2044 0.13%UNTD AIR 2013-1 8/15/2025 0.13%FORD MOTOR CO 10/01/2028 0.13%NISOURCE FIN CP 2/01/2045 0.13%GOLDMAN SACHS GP 12/31/2049 0.13%CASH COLLATERAL CITIFUT 0.13%MA INSTITUTE OF TECH 7/01/2099 0.13%NOBLE ENERGY INC 11/15/2043 0.13%AST Portfolio Holdings344 of 635

AST Multi-Sector Fixed Income Portfolio (continued)Security% of PortfolioALTRIA GROUP INC 5/05/2021 0.13%XLIT LTD 12/15/2043 0.13%CF INDUSTRIES IN 3/15/2034 0.13%ARCH CAPITAL GRP 11/01/2043 0.13%XYLEM INC 10/01/2021 0.13%WAL-MART STORES 10/02/2043 0.12%ECOLAB INC 12/08/2021 0.12%NBCUNIVERSAL MED 4/30/2040 0.12%FIRSTENERGY TRAN 7/15/2044 0.12%BURLINGTON RES F 7.2% 8/15/2031 0.12%MIDAMERICAN ENER 9/15/2043 0.12%PPL ELECTRIC UTI 6/15/2044 0.12%ECOPETROL SA 5/28/2045 0.12%CIGNA CORP 2/15/2042 0.12%REALTY INCOME 7/15/2024 0.12%COMCAST CORP 1/15/2033 0.12%MACK-CALI REALTY 2.5% 12/15/2017 0.12%NORTHWESTERN UNI 12/01/2044 0.12%DDR CORP 1/15/2021 0.12%DELHAIZE GROUP 10/01/2040 0.12%CLEAN HARBORS IN 8/01/2020 0.12%PLAINS ALL AMER 6/15/2044 0.12%PUB SVC EL & GAS 3/15/2024 0.12%WESTAR ENERGY 3/01/2042 0.12%REALTY INCOME 1/31/2018 0.12%MERCK & CO INC 9/15/2022 0.12%CITIGROUP INC 7/15/2039 0.12%CITIGROUP INC 9/13/2043 0.11%AT&T INC 8/15/2041 0.11%GAZPROM 4/28/2034 0.11%GRIFFON CORP 3/01/2022 0.11%AT&T INC 6/15/2045 0.11%ARIZONA PUB SERV 1/15/2044 0.11%HOME DEPOT INC 12/16/2036 0.11%TJX COS INC 6/15/2021 0.11%ECOLAB INC 12/08/2041 0.11%STATOIL ASA 11/08/2043 0.11%INTL PAPER CO 11/15/2039 0.11%ROGERS COMM INC 10/01/2043 0.11%VERIZON COMM INC 11/01/2041 0.11%NEWS AMER INC 3/01/2037 0.11%JPMORGAN CHASE 2/01/2044 0.10%GILEAD SCIENCES 4/01/2044 0.10%MONONGAHELA PWR 4/15/2024 0.10%UNITED MEXICAN 1/21/2045 0.10%CHOICE HOTELS 7/01/2022 0.10%COCA-COLA FEMSA 11/26/2043 0.10%GEN ELEC CAP CRP 1/10/2039 0.10%BAXTER INTL 8/15/2042 0.10%CITIGROUP COMMERCIAL MORTGA 9/10/2046 0.10%WAL-MART STORES 9/01/2035 0.10%BERKLEY (WR) 8/01/2044 0.10%GS MORTGAGE SECURITIES TRUS 8/10/2046 0.10%BANC OF AMERICA COMMERCIAL 4/10/2049 0.10%Security% of PortfolioCOMM MORTGAGE TRUST 8/10/2046 0.10%GLOBAL 3.7% 11/01/2023 0.10%MACYS RETAIL HLD 2/15/2043 0.10%VIDEOTRON LTD 6/15/2024 0.10%NORDEA BANK AB 9/21/2022 0.10%CF INDUSTRIES IN 6/01/2043 0.10%WEYERHAEUSER CO 6.95% 10/01/2027 0.10%RIO TINTO FINANC 8/21/2042 0.10%FORD MOTOR CO 5/15/2097 0.10%CSX CORP 4/15/2041 0.10%TIME WARNER COS 5/15/2029 0.10%LIMITED BRANDS 2/15/2022 0.10%WEATHERFORD BERM 4/15/2042 0.10%JOHNSON&JOHNSON 12/05/2043 0.10%UNI OF PENNSYLVA 9/01/2099 0.10%MASTERCARD INC 4/01/2024 0.09%JOHNSON&JOHNSON 12/05/2033 0.09%PACIFIC GAS&ELEC 2/15/2044 0.09%AM AIRLN 13-1 A 7/15/2025 0.09%GOLDMAN SACHS GP 2/01/2041 0.09%NORFOLK SOUTHERN 8/15/2043 0.09%CENTERPOINT HOUS 4/01/2044 0.09%GLP CAP/FIN II 11/01/2020 0.09%GOLDMAN SACHS GP 6/15/2020 0.09%CABLEVISION SYS 9/15/2017 0.09%CITIGROUP INC 2/15/2098 0.09%PACKAGING CORP 6/15/2022 0.09%NEWS AMER INC 2/15/2041 0.09%ESSEX PORTFOLIO 3/15/2021 0.09%GOLDMAN SACHS GP 3/03/2024 0.09%ENLINK MIDSTREAM 4/01/2019 0.09%COMMONWEALTH EDI 8/15/2043 0.08%VIRGINIA EL&PWR 8/15/2043 0.08%JOHNSON CONTROLS 7/02/2064 0.08%CAMERON INTERNAT 12/15/2043 0.08%ODEBRECHT FINA 7.125% 6/26/2042 0.08%ASHLAND INC 5/15/2043 0.08%CANADIAN NATL RR 11/07/2043 0.08%ROGERS COMM INC 3/15/2044 0.08%MORGAN STANLEY BAML TRUST 8/15/2046 0.08%FEDEX CORP 1/15/2034 0.08%CANADIAN PAC RR 3/15/2033 0.08%CROWN CASTLE INTL CORP 4/15/2022 0.08%COMM MORTGAGE TRUST 8/10/2046 0.08%SENSATA TECH BV 6.5% 5/15/2019 0.08%PPG INDUSTRIES 11/15/2020 0.08%BHP FINANCE USA 11/21/2021 0.08%ENDURANCE SPECIA 7/15/2034 0.08%GANNETT CO 7/15/2020 0.08%KANSAS GAS & EL 7/15/2044 0.08%FORD MOTOR CO 1/15/2043 0.08%TECK RESOURCES 8/15/2040 0.08%NIELSEN FINANCE 4/15/2022 0.08%PUB SVC EL & GAS 5/01/2042 0.08%AST Portfolio Holdings345 of 635

AST Multi-Sector Fixed Income Portfolio (continued)Security% of PortfolioMICROSOFT CORP 12/15/2043 0.08%DELTA AIR 2012-1 5/07/2020 0.08%ADT CORP 7/15/2017 0.08%PUBLIC SERVICE E 6/01/2044 0.08%GS MORTGAGE SECURITIES TRUS 6/10/2046 0.07%UNITEDHEALTH GRP 10/15/2042 0.07%AETNA INC 5/15/2042 0.07%SCHLUMBERGER INV 12/01/2023 0.07%HCA INC 10/01/2018 0.07%IPALCO ENTPRS IN 4/01/2016 0.07%JP MORGAN CHASE COMMERCIAL 4/15/2046 0.07%BURLINGTON NORTH 4/01/2044 0.07%MAGELLAN MID 10/15/2043 0.07%NISOURCE FIN CP 2/15/2044 0.07%DARLING INGREDIE 1/15/2022 0.07%AMGEN INC 3/15/2040 0.07%MONSANTO CO 7/15/2044 0.07%MACMILLN BLOEDEL 2/15/2026 0.07%HALLIBURTON CO 8/01/2043 0.07%BRIGHTSTAR CORP9.5% 12/01/2016 0.07%LABORATORY CORP 11/01/2018 0.07%US TREASURY N/B 2.125% 6/30/2021 0.07%MIH BV 7/28/2017 0.07%PECO ENERGY CO 10/15/2043 0.07%DUPONT EI NEMOUR 2/15/2043 0.07%CANADIAN PAC RR 10/15/2031 0.07%CALIFORNIA ST 4/01/2034 0.07%JPMORGAN CHASE 12/31/2049 0.07%AMERICA MOVIL SA 7/16/2042 0.07%OWENS CORNING 12/15/2022 0.06%DCP MIDSTREAM 3/15/2020 0.06%NORANDA INC 6/15/2017 0.06%DOW CHEMICAL CO 11/15/2041 0.06%DOW CHEMICAL CO 5/15/2039 0.06%ANHEUSER-BUSCH 1/17/2043 0.06%DUPONT EI NEMOUR 1/15/2041 0.06%BARRICK NA FIN 5/01/2043 0.06%NORSK HYDRO A/S 6/15/2023 0.06%CATHOLIC HEALTH 4.35% 11/01/2042 0.06%NBCUNIVERSAL MED 4/01/2041 0.06%DUKE ENERGY OHIO 9/01/2023 0.06%FORD MOTOR CRED 1/15/2020 0.06%CALIFORNIA ST 4/01/2039 0.06%GEN ELECTRIC CO 10/09/2042 0.06%WELLS FARGO CO 8/15/2023 0.06%TEXTRON INC 3/01/2021 0.06%CAMERON INTERNAT 4/30/2022 0.06%GRIFOLS WRLDWDE 4/01/2022 0.06%EDWARDS LIFE 10/15/2018 0.06%CONSTELLATION BR 5/01/2023 0.06%ELEC DE FRANCE 1/22/2099 0.06%NEWS AMER HLDGS 10/30/2025 0.06%DEUTSCHE TEL FIN 6/15/2030 0.06%DAIMLER FINANCE 9/15/2021 0.06%Security% of PortfolioORACLE CORP 10/15/2022 0.06%GILEAD SCIENCES 4/01/2024 0.06%LEGG MASON INC 1/15/2044 0.05%MOSAIC CO 11/15/2021 0.05%SILGAN HOLDINGS 2/01/2022 0.05%HSBC HOLDINGS 3/14/2044 0.05%COMCAST CORP 1/15/2043 0.05%OKLAHOMA GAS & E 3/15/2044 0.05%CHEVRON CORP 6/24/2023 0.05%DOW CHEMICAL CO 11/15/2022 0.05%FEDERAL EXPRESS 7/01/2097 0.05%UNION PAC CORP 6/15/2044 0.05%TYCO ELECTRONICS 12/17/2018 0.05%INGLES MKTS INC 6/15/2023 0.05%SPRINT CORP 6/15/2024 0.05%NEXTERA ENERGY 6/15/2023 0.05%OHIO ST UNIV 6/01/2099 0.05%AGRIUM INC 10/01/2022 0.05%OLEODUCTO CENTRA 5/07/2021 0.05%LIBERTY MUTUAL 8/01/2044 0.05%ARCELORMITTAL 2/25/2017 0.05%IBM CORP 8/01/2023 0.05%JPMORGAN CHASE 7/15/2041 0.05%LOS ANGELES CA DEPT OF WTR 7/01/2039 0.05%WEATHERFORD BERM 8/01/2036 0.05%AERCAP IRELAND C 5/15/2021 0.05%CSX CORP 4/30/2040 0.05%DUKE ENERGY CORP 10/15/2023 0.05%CSX CORP 5/01/2037 0.05%SIEMENS FINAN 8/17/2026 0.05%ALTRIA GROUP INC 5/02/2043 0.05%LINCOLN NATL CRP 6/15/2040 0.05%BRITISH TEL PLC 12/15/2030 0.05%KROGER CO/THE 4/15/2042 0.05%ABBVIE INC 11/06/2022 0.05%DIRECTV HLDGS/FN 3/01/2041 0.05%CIT GROUP INC 2/19/2019 0.05%HONEYWELL INTL 3/01/2041 0.05%CAROLINA P & L 3/15/2043 0.05%GILEAD SCIENCES 12/01/2041 0.05%SOUTH CAROLINA ST PUBLIC SV 12/01/2041 0.05%TIME WARNER INC 3/15/2040 0.05%CVS CAREMARK 9/15/2039 0.05%MERRILL LYNCH 1/29/2037 0.04%NOVA CHEMICALS 11/01/2019 0.04%WILLIAMS PARTNER 3/04/2044 0.04%HARVARD UNIV 10/15/2040 0.04%ERAC USA FINANCE 3/15/2042 0.04%MARTIN MAR MTLS 7/02/2024 0.04%METLIFE INC 12/15/2036 0.04%VIDEOTRON LTD 7/15/2022 0.04%ITC HOLDINGS COR 7/01/2043 0.04%ZOETIS INC 2/01/2043 0.04%SOUTHERN POWER 7/15/2043 0.04%AST Portfolio Holdings346 of 635

AST Multi-Sector Fixed Income Portfolio (continued)Security% of PortfolioSHELL INTL FIN 8/12/2043 0.04%MORGAN STANLEY 5/13/2019 0.04%CENOVUS ENERGY 9/15/2043 0.04%UNION PAC CORP 12/15/2043 0.04%KAISER FOUN HOSP 4/01/2042 0.04%AERCAP IRELAND 3.75% 5/15/2019 0.04%ACTIVISION BLIZZ 9/15/2023 0.04%ELEC DE FRANCE 1/22/2044 0.04%NORFOLK SOUTHERN 10/01/2042 0.04%JERSEY CENT P&L 4/01/2024 0.04%STEEL DYNAMICS 8/15/2019 0.04%MORGAN STANLEY 5% 11/24/2025 0.04%INTL LEASE FIN 5.875% 4/01/2019 0.04%ESTERLINE TECH 8/01/2020 0.04%COMM MORTGAGE TRUST 7/10/2045 0.04%WFCM 13 LC123.986% 7/15/2046 0.04%WEATHERFORD BERM 9/15/2040 0.04%ACTUANT CORP 6/15/2022 0.04%ALLSTATE CORP 6/15/2043 0.04%L BRANDS INC 10/15/2023 0.04%STATE STREET COR 11/20/2023 0.04%SOUTHERN CAL ED 10/01/2043 0.04%MOSAIC CO 11/15/2033 0.04%CHEMTURA CORP 7/15/2021 0.04%WELLPOINT INC 1/15/2043 0.04%PSEG POWER LLC 11/15/2018 0.04%EASTMAN CHEMICAL 9/01/2042 0.04%COMMONWEALTH EDI 1/15/2044 0.04%PHILIP MORRIS IN 3/20/2042 0.04%VITERRA INC 8/01/2020 0.04%AMC NETWORKS INC 12/15/2022 0.04%TOTAL CAP INTL 2/17/2022 0.04%MACYS RETAIL HLD 1/15/2042 0.04%HOME DEPOT INC 4/01/2023 0.04%AMSTED INDS 3/15/2022 0.04%AMGEN INC 5/15/2043 0.04%PHILIP MORRIS IN 11/15/2041 0.04%T-MOBILE USA INC 4/28/2019 0.04%DOM GAS HOLD LLC 11/01/2043 0.04%DOW CHEMICAL CO 11/15/2042 0.04%LIBERTY MUTUAL 3/15/2035 0.04%CINEMARK USA 6/01/2023 0.04%SPRINT CAP CORP 11/15/2028 0.04%CSC HOLDINGS INC 7/15/2018 0.04%SUNTRUST BANK 5/01/2023 0.04%VODAFONE GROUP 2/19/2043 0.04%NEWELL RUBBERMAI 6/15/2022 0.04%GEN ELEC CAP CRP 1/14/2038 0.04%TEXTRON INC 10/01/2019 0.03%BALL CORP 11/15/2023 0.03%BRISTOL-MYER SQB 11/15/2036 0.03%SENSATA TECH BV 10/15/2023 0.03%LORILLARD TOBACC 5/01/2040 0.03%TIME WARNER CABL 9/01/2041 0.03%Security% of PortfolioMONSANTO CO 7/15/2042 0.03%DUPONT EI NEMOUR 2/15/2023 0.03%ALLSTATE CORP 8/15/2053 0.03%BUCKEYE PARTNERS 7/01/2023 0.03%DOW CHEMICAL CO 11/15/2020 0.03%BUCKEYE PARTNERS 11/15/2018 0.03%PPL CAPITAL FDG 6/01/2043 0.03%INTESA SANPAOLO2.375% 1/13/2017 0.03%ASCENSION HEALTH 11/15/2053 0.03%SCHERING-PLOUGH 9/15/2037 0.03%KINDER MORGAN EN 9/01/2039 0.03%NYU HOSPITALS 7/01/2043 0.03%GOLDMAN SACHS GP 1/24/2022 0.03%TEREX CORP 4/01/2020 0.03%WESTAR ENERGY 9/01/2043 0.03%MONSANTO CO 7/15/2034 0.03%FEDEX CORP 4/15/2043 0.03%HCA INC 5/01/2023 0.03%ASHTEAD CAPITAL 7/15/2022 0.03%DELTA AIR 20071A 8/10/2022 0.03%WHIRLPOOL CORP 6/15/2021 0.03%AGL CAPITAL CORP 6/01/2043 0.03%DISCOVER BANK 8/08/2023 0.03%GEN CABLE CORP 10/01/2022 0.03%BRISTOL-MYER SQB 8/01/2042 0.03%CELANESE US HLDS 11/15/2022 0.03%NOBLE ENERGY INC 3/01/2041 0.03%INTERSTATE POWER 10/15/2043 0.03%ROCKWELL COLLINS 12/15/2043 0.03%CBS CORP 7/01/2042 0.03%MERCK & CO INC 5/18/2043 0.03%KENTUCKY UTIL 11/15/2043 0.03%PEPSICO INC 3/01/2023 0.03%ILLINOIS ST TOLL HIGHWAY AU 12/01/2034 0.03%MEMORIAL SLOAN 7/01/2052 0.03%AES CORP 5/15/2023 0.03%GREIF INC 8/01/2019 0.03%ENERGY TRAN PTNR 2/01/2043 0.03%COMMONWEALTH EDI 1/15/2019 0.03%MORGAN STANLEY 7/23/2019 0.03%LOWES COMPANIES 9/15/2043 0.03%GEN ELEC CAP CRP 10/17/2021 0.03%PPL ELECTRIC UTI 5/15/2039 0.03%CANADIAN NATL RR 8/01/2034 0.02%UNION CARBIDE 10/01/2096 0.02%WEATHERFORD BERM 3/15/2038 0.02%KRAFT FOODS GROU 2/09/2040 0.02%TRAVELERS COS 8/01/2043 0.02%LIBERTY MUTUAL 5/01/2042 0.02%ENTERPRISE PRODU 8/15/2042 0.02%SPECTRA PARTNERS 9/25/2043 0.02%PORT AUTH OF NEW YORK & NEW 11/01/2040 0.02%GRUPO TELEVISA 5% 5/13/2045 0.02%CVS CAREMARK 5/15/2021 0.02%AST Portfolio Holdings347 of 635

AST Multi-Sector Fixed Income Portfolio (continued)Security% of PortfolioCAROLINA P & L 5.7% 4/01/2035 0.02%TAYLOR MORRISON 4/15/2021 0.02%SOUTHWN PUB SERV 8/15/2041 0.02%COVENTRY HEALTH 6/15/2021 0.02%CONCHO RES/MIDLA 4/01/2023 0.02%ALTRIA GROUP INC 1/31/2024 0.02%CHOICE HOTELS 8/28/2020 0.02%CONTINENTAL RES 9/15/2022 0.02%WACHOVIA BANK COMMERCIAL MO 5/15/2043 0.02%HALLIBURTON CO 9/15/2039 0.02%NCR CORP 12/15/2023 0.02%INGERSOLL-RND GL 6/15/2043 0.02%WACHOVIA BANK COMMERCIAL MO 1/15/2045 0.02%AMERIPRISE FINL 10/15/2023 0.02%AMGEN INC 11/15/2021 0.02%NORTHROP GRUMMAN 6/01/2043 0.02%NCR CORP 12/15/2021 0.02%WYNDHAM WORLDWID 3/01/2022 0.02%DTE ELECTRIC CO 4/01/2043 0.02%JABIL CIRCUIT 9/15/2022 0.02%JP MORGAN CHASE COMMERCIAL 6/15/2045 0.02%UNITED MEXICAN 3/08/2044 0.02%GLAXOSMITHKLINE 3/18/2043 0.02%KROGER CO/THE 8/01/2043 0.02%ANADARKO PETRO 6/15/2019 0.02%WHIRLPOOL CORP 3/01/2043 0.02%DUKE ENERGY IND 7/15/2043 0.02%TIME WARNER CABL 11/15/2040 0.02%CONTL AIRLINES 4/19/2022 0.02%JOHNSON(SC)&SON 5/15/2043 0.02%COMM MORTGAGE TRUST 12/10/2044 0.02%COVIDIEN INTL FI 6/15/2023 0.02%ST JUDE MEDICAL 4/15/2043 0.02%MISSOURI ST HIGHWAYS & TRAN 5/01/2033 0.01%SPRINT CORP 9/15/2023 0.01%PIEDMONT NAT GAS 8/01/2043 0.01%MORGAN STANLEY 7/28/2021 0.01%BUILDING MAT COR 3/15/2020 0.01%BALT GAS & ELEC 7/01/2023 0.01%MERRILL LYNCH MORTGAGE TRUS 6/12/2050 0.01%CIT GROUP INC 2/15/2019 0.01%QVC INC 7/02/2022 0.01%AGRIUM INC 6/01/2043 0.01%US AIR 2013-1A 11/15/2025 0.01%DELTA AIR 20091A 12/17/2019 0.01%JPMORGAN CHASE 1/06/2042 0.01%CROWN AMER/CAP 1/15/2023 0.01%UNION PAC CORP 4/15/2043 0.01%PVH CORP 12/15/2022 0.01%COCA-COLA ICECEK 10/01/2018 0.01%SUN MERGER SUB 8/01/2021 0.01%ROCKWOOD SPECIAL 10/15/2020 0.01%UNITED TECH CORP 6/01/2042 0.01%ANHEUSER-BUSCH 4/15/2020 0.01%Security% of PortfolioTIME WARNER INC 5/01/2032 0.01%KINDER MORGAN EN 8/15/2042 0.01%WAL-MART STORES 4/11/2043 0.01%PHILIP MORRIS IN 3/04/2043 0.01%US TREASURY N/B 2/28/2015 0.01%GOLDMAN SACHS GP 1/22/2023 0.01%CBS CORP 10/15/2040 0.01%BURLINGTON NORTH 3/15/2043 0.01%HARTFORD FINL 4/15/2043 0.01%PUBLIC SERV COLO 3/15/2043 0.01%JPMORGAN CHASE 8/15/2021 0.01%BELO (A.H.) CORP 9/15/2027 0.01%ALTRIA GROUP INC 2/06/2039 0.01%MORGAN STANLEY 11/01/2022 < 0.01%MORGAN STANLEY 5/22/2023 < 0.01%MARKEL CORP 3/30/2043 < 0.01%ENTERPRISE PRODU 3/01/2033 < 0.01%VIACOM INC 2/27/2042 < 0.01%US TREASURY N/B 5/15/2024 < 0.01%AST Portfolio Holdings348 of 635

AST Neuberger Berman / LSV Mid-Cap Value PortfolioSecurity% of PortfolioEDISON INTERNATIONAL 1.63%AES CORP 1.55%ADT CORP/THE 1.37%AMDOCS LTD 1.36%KOHLS CORP 1.33%ZIMMER HOLDINGS INC 1.25%SKYWORKS SOLUTIONS INC 1.18%HUNTINGTON BANCSHARES INC 1.17%GENERAL DYNAMICS CORP 1.17%DEVON ENERGY CORPORATION 1.15%STATE STREET CORP 1.11%BEST BUY CO INC 1.09%PRUDENTIAL CORE INVESTMENT 1.05%CORRECTIONS CORP 1.04%ASHLAND INC 1.03%PUBLIC SERVICE ENTERPRISE G 1.00%HELMERICH & PAYNE 1.00%NUANCE COMMUNICATIONS INC 0.99%HERTZ GLOBAL HOLDINGS INC 0.94%LEAR CORP 0.89%CAMERON INTERNATIONAL CORP 0.88%TRINITY INDUSTRIES INC 0.86%COVANTA HOLDING CORP 0.85%XEROX CORP 0.84%STARWOOD PROPERTY TRUST INC 0.83%ENTERGY CORP 0.83%TRW AUTOMOTIVE HOLDINGS COR 0.83%CVS CAREMARK CORP 0.83%WESTERN DIGITAL CORP 0.81%AMERIPRISE FINANCIAL INC 0.80%HUNTSMAN CORP 0.80%SPIRIT AEROSYSTEMS HOLD-CL 0.78%AMERICAN ELECTRIC POWER 0.78%WESTERN UNION CO 0.78%OFFICE DEPOT INC 0.77%CABOT OIL & GAS CORP 0.77%CHECK POINT SOFTWARE TECH 0.76%CENTERPOINT ENERGY INC 0.76%VALMONT INDUSTRIES 0.75%SEAGATE TECHNOLOGY 0.75%WHIRLPOOL CORP 0.74%FLEXTRONICS INTL LTD 0.74%TERADATA CORP 0.74%KEYCORP 0.73%DARDEN RESTAURANTS INC 0.72%KROGER CO 0.71%TEXTRON INC 0.70%MURPHY OIL CORP 0.69%ENERGIZER HOLDINGS INC 0.66%AGCO CORP 0.65%UNUM GROUP 0.65%LINCOLN NATIONAL CORP 0.63%VALERO ENERGY CORP 0.63%PARTNERRE LTD 0.62%Security% of PortfolioAMEREN CORPORATION 0.62%COMERICA INC 0.62%BANKUNITED INC 0.61%MARATHON PETROLEUM CORP 0.60%M & T BANK CORP 0.60%EXPRESS INC 0.60%FIFTH THIRD BANCORP 0.60%HESS CORP 0.60%TYCO INTERNATIONAL LTD 0.58%HARTFORD FINANCIAL SVCS GRP 0.58%L-3 COMMUNICATIONS HOLDINGS 0.57%BROCADE COMMUNICATIONS SYS 0.57%COMMONWEALTH REIT 0.57%CONAGRA FOODS INC 0.57%PITNEY BOWES INC 0.56%AETNA INC 0.56%SYMANTEC CORP 0.56%SELECT MEDICAL HOLDINGS COR 0.55%PINNACLE WEST CAPITAL 0.55%AUTOLIV INC 0.54%OMNICARE INC 0.54%BED BATH & BEYOND INC 0.53%UNITED THERAPEUTICS CORP 0.52%HARRIS CORP 0.52%ALLSTATE CORP 0.52%VALIDUS HOLDINGS LTD 0.51%TESORO CORP 0.51%NORTHROP GRUMMAN CORP 0.50%DILLARDS INC-CL A 0.50%MACY'S INC 0.50%REPUBLIC SERVICES INC 0.49%GOODYEAR TIRE & RUBBER CO 0.49%REGIONS FINANCIAL CORP 0.48%CF INDUSTRIES HOLDINGS INC 0.48%OMEGA HEALTHCARE INVESTORS 0.47%ELIZABETH ARDEN INC 0.47%HOSPITALITY PROPERTIES TRUS 0.47%FOOT LOCKER INC 0.46%COVIDIEN PLC 0.46%CADENCE DESIGN SYS INC 0.46%SUNSTONE HOTEL INVESTORS IN 0.45%BB&T CORP 0.45%TYSON FOODS INC-CL A 0.45%CHEMED CORP 0.45%KBR INC 0.44%GAMESTOP CORP-CLASS A 0.44%AMERICAN FINANCIAL GROUP IN 0.42%PRINCIPAL FINANCIAL GROUP 0.42%CABOT CORP 0.41%OLIN CORP 0.41%DUPONT FABROS TECHNOLOGY 0.41%RR DONNELLEY & SONS CO 0.40%DOLBY LABORATORIES INC-CL A 0.40%BRANDYWINE REALTY TRUST 0.40%AST Portfolio Holdings349 of 635

AST Neuberger Berman / LSV Mid-Cap Value Portfolio (continued)Security% of PortfolioBRINK'S CO/THE 0.40%SELECT COMFORT CORPORATION 0.40%CARDINAL HEALTH INC 0.39%STARZ - A 0.39%FIRSTENERGY CORP 0.39%INGRAM MICRO INC-CL A 0.39%ROCK TENN COMPANY -CL A 0.39%EVEREST RE GROUP LTD 0.39%CA INC 0.38%TWO HARBORS INVESTMENT CORP 0.38%TECH DATA CORP 0.38%OWENS CORNING 0.38%CELANESE CORP-SERIES A 0.37%LEXINGTON REALTY TRUST 0.37%REGAL-BELOIT CORP 0.37%DISCOVER FINANCIAL SERVICES 0.37%CBL & ASSOCIATES PROPERTIES 0.37%LABORATORY CRP OF AMER HLDG 0.37%PEOPLE'S UNITED FINANCIAL 0.36%STARWOOD WAYPOINT RESIDE 0.36%MARATHON OIL CORP 0.36%ARCHER-DANIELS-MIDLAND CO 0.36%SAFEWAY INC 0.35%BANCO LATINOAMERICANO COME- 0.35%RAYTHEON COMPANY 0.35%TE CONNECTIVITY LTD 0.34%AFLAC INC 0.33%SOUTHWESTERN ENERGY CO 0.33%SANDERSON FARMS INC 0.32%NELNET INC-CL A 0.32%STANCORP FINANCIAL GROUP 0.32%TUTOR PERINI CORP 0.31%GANNETT CO 0.31%QUESTCOR PHARMACEUTICALS 0.31%LEXMARK INTERNATIONAL INC-A 0.31%AIRCASTLE LTD 0.30%XL GROUP PLC 0.30%CONVERGYS CORP 0.30%BRINKER INTERNATIONAL INC 0.30%MFA FINANCIAL INC 0.30%AMKOR TECHNOLOGY INC 0.29%ASPEN INSURANCE HOLDINGS LT 0.29%SUPERIOR ENERGY SERVICES IN 0.28%EASTMAN CHEMICAL CO 0.28%PENNYMAC MORTGAGE INVESTMEN 0.27%ENDURANCE SPECIALTY HOLDING 0.27%INLAND REAL ESTATE CORP 0.26%AAR CORP 0.26%WESTERN REFINING INC 0.26%CIT GROUP INC 0.26%CAPITAL ONE FINANCIAL CORP 0.25%MONTPELIER RE HOLDINGS LTD 0.25%AVERY DENNISON CORP 0.25%RELIANCE STEEL & ALUMINUM 0.25%Security% of PortfolioOSHKOSH CORP 0.24%PORTLAND GENERAL ELECTRIC C 0.24%AECOM TECHNOLOGY CORP 0.24%HCC INSURANCE HOLDINGS INC 0.24%PENN REAL ESTATE INVEST TST 0.24%FRESH DEL MONTE PRODUCE INC 0.24%URS CORP 0.23%ASHFORD HOSPITALITY TRUST 0.23%OWENS-ILLINOIS INC 0.22%ALLIANT TECHSYSTEMS INC 0.22%MAIDEN HOLDINGS LTD 0.22%ENERGY TRANSFER PARTNERS LP 0.22%DOMTAR CORP 0.21%USANA HEALTH SCIENCES INC 0.20%GOVERNMENT PROPERTIES INCOM 0.20%PNC FINANCIAL SERVICES GROU 0.19%INTL GAME TECHNOLOGY 0.19%RADIAN GROUP INC 0.18%NAVIENT CORP 0.17%BUNGE LTD 0.16%OUTERWALL INC 0.16%SYNAPTICS INC 0.15%EXELIS INC 0.15%ENGILITY HOLDINGS INC 0.13%BRIGGS & STRATTON 0.13%PLATINUM UNDERWRITERS HLDGS 0.12%HOME LOAN SERVICING SOLUTIO 0.12%SUMMIT HOTEL PROPERTIES INC 0.11%SLM CORP 0.09%OMNIVISION TECHNOLOGIES INC 0.08%ASHFORD HOSPITALITY PRIME I 0.06%SELECT INCOME REIT 0.06%CST BRANDS INC 0.05%UNIVERSAL INSURANCE HOLDING 0.01%VONAGE HOLDINGS CORP 0.01%RADIOSHACK CORP 0.01%AST Portfolio Holdings350 of 635

AST Neuberger Berman / LSV Mid-Cap Value PortfolioSecurity% of PortfolioEDISON INTERNATIONAL 1.63%AES CORP 1.55%ADT CORP/THE 1.37%AMDOCS LTD 1.36%KOHLS CORP 1.33%ZIMMER HOLDINGS INC 1.25%SKYWORKS SOLUTIONS INC 1.18%HUNTINGTON BANCSHARES INC 1.17%GENERAL DYNAMICS CORP 1.17%DEVON ENERGY CORPORATION 1.15%STATE STREET CORP 1.11%BEST BUY CO INC 1.09%PRUDENTIAL CORE INVESTMENT 1.05%CORRECTIONS CORP 1.04%ASHLAND INC 1.03%PUBLIC SERVICE ENTERPRISE G 1.00%HELMERICH & PAYNE 1.00%NUANCE COMMUNICATIONS INC 0.99%HERTZ GLOBAL HOLDINGS INC 0.94%LEAR CORP 0.89%CAMERON INTERNATIONAL CORP 0.88%TRINITY INDUSTRIES INC 0.86%COVANTA HOLDING CORP 0.85%XEROX CORP 0.84%STARWOOD PROPERTY TRUST INC 0.83%ENTERGY CORP 0.83%TRW AUTOMOTIVE HOLDINGS COR 0.83%CVS CAREMARK CORP 0.83%WESTERN DIGITAL CORP 0.81%AMERIPRISE FINANCIAL INC 0.80%HUNTSMAN CORP 0.80%SPIRIT AEROSYSTEMS HOLD-CL 0.78%AMERICAN ELECTRIC POWER 0.78%WESTERN UNION CO 0.78%OFFICE DEPOT INC 0.77%CABOT OIL & GAS CORP 0.77%CHECK POINT SOFTWARE TECH 0.76%CENTERPOINT ENERGY INC 0.76%VALMONT INDUSTRIES 0.75%SEAGATE TECHNOLOGY 0.75%WHIRLPOOL CORP 0.74%FLEXTRONICS INTL LTD 0.74%TERADATA CORP 0.74%KEYCORP 0.73%DARDEN RESTAURANTS INC 0.72%KROGER CO 0.71%TEXTRON INC 0.70%MURPHY OIL CORP 0.69%ENERGIZER HOLDINGS INC 0.66%AGCO CORP 0.65%UNUM GROUP 0.65%LINCOLN NATIONAL CORP 0.63%VALERO ENERGY CORP 0.63%PARTNERRE LTD 0.62%Security% of PortfolioAMEREN CORPORATION 0.62%COMERICA INC 0.62%BANKUNITED INC 0.61%MARATHON PETROLEUM CORP 0.60%M & T BANK CORP 0.60%EXPRESS INC 0.60%FIFTH THIRD BANCORP 0.60%HESS CORP 0.60%TYCO INTERNATIONAL LTD 0.58%HARTFORD FINANCIAL SVCS GRP 0.58%L-3 COMMUNICATIONS HOLDINGS 0.57%BROCADE COMMUNICATIONS SYS 0.57%COMMONWEALTH REIT 0.57%CONAGRA FOODS INC 0.57%PITNEY BOWES INC 0.56%AETNA INC 0.56%SYMANTEC CORP 0.56%SELECT MEDICAL HOLDINGS COR 0.55%PINNACLE WEST CAPITAL 0.55%AUTOLIV INC 0.54%OMNICARE INC 0.54%BED BATH & BEYOND INC 0.53%UNITED THERAPEUTICS CORP 0.52%HARRIS CORP 0.52%ALLSTATE CORP 0.52%VALIDUS HOLDINGS LTD 0.51%TESORO CORP 0.51%NORTHROP GRUMMAN CORP 0.50%DILLARDS INC-CL A 0.50%MACY'S INC 0.50%REPUBLIC SERVICES INC 0.49%GOODYEAR TIRE & RUBBER CO 0.49%REGIONS FINANCIAL CORP 0.48%CF INDUSTRIES HOLDINGS INC 0.48%OMEGA HEALTHCARE INVESTORS 0.47%ELIZABETH ARDEN INC 0.47%HOSPITALITY PROPERTIES TRUS 0.47%FOOT LOCKER INC 0.46%COVIDIEN PLC 0.46%CADENCE DESIGN SYS INC 0.46%SUNSTONE HOTEL INVESTORS IN 0.45%BB&T CORP 0.45%TYSON FOODS INC-CL A 0.45%CHEMED CORP 0.45%KBR INC 0.44%GAMESTOP CORP-CLASS A 0.44%AMERICAN FINANCIAL GROUP IN 0.42%PRINCIPAL FINANCIAL GROUP 0.42%CABOT CORP 0.41%OLIN CORP 0.41%DUPONT FABROS TECHNOLOGY 0.41%RR DONNELLEY & SONS CO 0.40%DOLBY LABORATORIES INC-CL A 0.40%BRANDYWINE REALTY TRUST 0.40%AST Portfolio Holdings351 of 635

AST Neuberger Berman / LSV Mid-Cap Value Portfolio (continued)Security% of PortfolioBRINK'S CO/THE 0.40%SELECT COMFORT CORPORATION 0.40%CARDINAL HEALTH INC 0.39%STARZ - A 0.39%FIRSTENERGY CORP 0.39%INGRAM MICRO INC-CL A 0.39%ROCK TENN COMPANY -CL A 0.39%EVEREST RE GROUP LTD 0.39%CA INC 0.38%TWO HARBORS INVESTMENT CORP 0.38%TECH DATA CORP 0.38%OWENS CORNING 0.38%CELANESE CORP-SERIES A 0.37%LEXINGTON REALTY TRUST 0.37%REGAL-BELOIT CORP 0.37%DISCOVER FINANCIAL SERVICES 0.37%CBL & ASSOCIATES PROPERTIES 0.37%LABORATORY CRP OF AMER HLDG 0.37%PEOPLE'S UNITED FINANCIAL 0.36%STARWOOD WAYPOINT RESIDE 0.36%MARATHON OIL CORP 0.36%ARCHER-DANIELS-MIDLAND CO 0.36%SAFEWAY INC 0.35%BANCO LATINOAMERICANO COME- 0.35%RAYTHEON COMPANY 0.35%TE CONNECTIVITY LTD 0.34%AFLAC INC 0.33%SOUTHWESTERN ENERGY CO 0.33%SANDERSON FARMS INC 0.32%NELNET INC-CL A 0.32%STANCORP FINANCIAL GROUP 0.32%TUTOR PERINI CORP 0.31%GANNETT CO 0.31%QUESTCOR PHARMACEUTICALS 0.31%LEXMARK INTERNATIONAL INC-A 0.31%AIRCASTLE LTD 0.30%XL GROUP PLC 0.30%CONVERGYS CORP 0.30%BRINKER INTERNATIONAL INC 0.30%MFA FINANCIAL INC 0.30%AMKOR TECHNOLOGY INC 0.29%ASPEN INSURANCE HOLDINGS LT 0.29%SUPERIOR ENERGY SERVICES IN 0.28%EASTMAN CHEMICAL CO 0.28%PENNYMAC MORTGAGE INVESTMEN 0.27%ENDURANCE SPECIALTY HOLDING 0.27%INLAND REAL ESTATE CORP 0.26%AAR CORP 0.26%WESTERN REFINING INC 0.26%CIT GROUP INC 0.26%CAPITAL ONE FINANCIAL CORP 0.25%MONTPELIER RE HOLDINGS LTD 0.25%AVERY DENNISON CORP 0.25%RELIANCE STEEL & ALUMINUM 0.25%Security% of PortfolioOSHKOSH CORP 0.24%PORTLAND GENERAL ELECTRIC C 0.24%AECOM TECHNOLOGY CORP 0.24%HCC INSURANCE HOLDINGS INC 0.24%PENN REAL ESTATE INVEST TST 0.24%FRESH DEL MONTE PRODUCE INC 0.24%URS CORP 0.23%ASHFORD HOSPITALITY TRUST 0.23%OWENS-ILLINOIS INC 0.22%ALLIANT TECHSYSTEMS INC 0.22%MAIDEN HOLDINGS LTD 0.22%ENERGY TRANSFER PARTNERS LP 0.22%DOMTAR CORP 0.21%USANA HEALTH SCIENCES INC 0.20%GOVERNMENT PROPERTIES INCOM 0.20%PNC FINANCIAL SERVICES GROU 0.19%INTL GAME TECHNOLOGY 0.19%RADIAN GROUP INC 0.18%NAVIENT CORP 0.17%BUNGE LTD 0.16%OUTERWALL INC 0.16%SYNAPTICS INC 0.15%EXELIS INC 0.15%ENGILITY HOLDINGS INC 0.13%BRIGGS & STRATTON 0.13%PLATINUM UNDERWRITERS HLDGS 0.12%HOME LOAN SERVICING SOLUTIO 0.12%SUMMIT HOTEL PROPERTIES INC 0.11%SLM CORP 0.09%OMNIVISION TECHNOLOGIES INC 0.08%ASHFORD HOSPITALITY PRIME I 0.06%SELECT INCOME REIT 0.06%CST BRANDS INC 0.05%UNIVERSAL INSURANCE HOLDING 0.01%VONAGE HOLDINGS CORP 0.01%RADIOSHACK CORP 0.01%AST Portfolio Holdings352 of 635

AST Neuberger Berman Core Bond PortfolioSecurity% of PortfolioUS TREASURY N/B 8/15/2019 8.30%FVU4S US 5YR NOTE (CBT) 10/05/2014 5.82%US TREASURY N/B 8/15/2023 5.25%PRUDENTIAL CORE INVESTMENT 5.13%TYU4S US 10YR NOTE (CBT) 10/05/2014 4.15%EDZ6 90DAY EURO$ FUTR 12/24/2016 4.12%US TREASURY N/B 7/15/2015 4.02%US TREASURY N/B 8/15/2028 2.25%US TREASURY N/B 6/30/2015 2.14%TUU4S US 2YR NOTE(CBT) 10/05/2014 2.14%FANNIE MAE 8/01/2043 2.10%FANNIE MAE 8/01/2042 1.95%TSY INFL IX N/B 1/15/2026 1.64%ECU4S EURO FX CURR FUT 9/22/2014 1.34%US TREASURY N/B 2/15/2036 1.19%FREDDIE MAC 8/01/2043 0.90%WNU4S US ULTRA BOND(CBT) 10/05/2014 0.89%FANNIE MAE 8/01/2042 0.81%UBU4S EURO BUXL 30YR BND 9/15/2014 0.76%TSY INFL IX N/B 4/15/2017 0.68%FANNIE MAE 8/01/2038 0.62%SPANISH GOV'T 7/30/2025 0.62%BTPS 3/01/2026 0.58%FREDDIE MAC 7/01/2042 0.56%FANNIE MAE 12/24/2020 0.56%VERIZON COMM INC 9/15/2023 0.51%FANNIE MAE 4/01/2041 0.48%CNOOC FIN 2014 4/30/2017 0.47%WACHOVIA BANK COMMERCIAL MO 6/15/2049 0.46%FREDDIE MAC 8/01/2042 0.46%ML-CFC COMMERCIAL MORTGAGE 6/12/2050 0.44%FED HOME LN BANK 7/15/2036 0.43%JPMORGAN CHASE 2/15/2017 0.43%FANNIE MAE 9/12/2019 0.41%FANNIE MAE 8/01/2043 0.40%GOLDMAN SACHS GP 2/07/2016 0.39%JP MORGAN CHASE COMMERCIAL 2/15/2051 0.38%QWEST CORP 12/01/2021 0.38%EXELON GENERATIO 10/01/2020 0.38%WELLS FARGO CO 6/15/2024 0.37%ML-CFC COMMERCIAL MORTGAGE 12/12/2049 0.36%FREDDIE MAC 8/01/2040 0.35%MORGAN STANLEY 4/25/2018 0.35%FED FARM CREDIT 11/19/2019 0.35%FORD MOTOR CRED 3/12/2019 0.35%TOYOTA MTR CRED 7/18/2019 0.35%JP MORGAN CHASE COMMERCIAL 1/15/2049 0.34%FREDDIE MAC 7/01/2042 0.34%BBVA BANCOMER SA 4/10/2024 0.34%REYNOLDS AMERICA 11/01/2042 0.34%ELEC DE FRANCE 1/22/2019 0.34%GEN ELECTRIC CO 3/11/2044 0.33%EXPRESS SCRIPTS 6/15/2019 0.32%BANC OF AMERICA COMMERCIAL 7/10/2046 0.32%Security% of PortfolioJP MORGAN CHASE COMMERCIAL 6/12/2043 0.31%FANNIE MAE 12/01/2039 0.31%GLENCORE FDG LLC 4/29/2019 0.31%MIZUHO BANK LTD 4/16/2019 0.30%GEN ELEC CAP CRP 9/07/2022 0.30%TSY INFL IX N/B 1/15/2028 0.30%FREDDIE MAC 2/01/2041 0.30%ARC PROP OPER LP 2/06/2019 0.29%FIFTH THIRD BANK 4/25/2019 0.29%FANNIE MAE 2/01/2041 0.29%GCCFC COMMERCIAL MORTGAGE T 3/10/2039 0.29%JP MORGAN CHASE COMMERCIAL 5/15/2047 0.29%ARC PROP OPER LP 2/06/2017 0.28%BP CAPITAL PLC 2/10/2024 0.28%ENERGY TRAN PTNR 2/01/2042 0.27%FANNIE MAE 1/01/2044 0.27%CITIGROUP INC 3/10/2017 0.27%AMGEN INC 5/22/2019 0.27%TSY INFL IX N/B 4/15/2029 0.26%L-3 COMMS CORP 11/15/2016 0.26%NOVARTIS CAPITAL 5/06/2044 0.26%VERIZON COMM INC 9/15/2043 0.26%DEUTSCHE BK LOND 5/30/2017 0.26%ERAC USA FINANCE 10/15/2019 0.25%JEFFERIES GROUP 4/15/2021 0.25%ROYAL BK SCOTLND 3/31/2017 0.25%KINDER MORGAN EN 2/01/2024 0.25%NORTHROP GRUMMAN 6/01/2018 0.25%HEWLETT-PACK CO 6/01/2016 0.25%HSBC HOLDINGS 3/14/2044 0.25%BANK OF AMER CRP 1/15/2019 0.24%ACTAVIS FUNDING 6/15/2044 0.23%COMM MORTGAGE TRUST 10/10/2046 0.23%FANNIE MAE 12/01/2043 0.23%FANNIE MAE 4/01/2042 0.23%DAIMLER FINANCE 8/01/2017 0.23%FANNIE MAE 1/01/2039 0.22%VORNADO RLTY LP 6/30/2019 0.22%BANC OF AMERICA COMMERCIAL 9/10/2047 0.22%CITIGROUP INC 5/06/2044 0.21%ALLSTATE CORP 8/15/2053 0.21%ANADARKO PETRO 9/15/2016 0.21%ANADARKO PETRO 7/15/2024 0.21%FORD MOTOR CRED 5/09/2016 0.21%VERIZON COMM INC 3/15/2034 0.21%FANNIE MAE 12/01/2040 0.20%FED HOME LN BANK 4/14/2015 0.20%MORGAN STANLEY 2/25/2016 0.20%KINDER MORGAN EN 3/01/2044 0.20%FANNIE MAE 10/01/2043 0.20%ORANGE 2/06/2019 0.20%FANNIE MAE 8/01/2041 0.19%TRANSOCEAN INC 10/15/2022 0.19%FANNIE MAE 9/01/2043 0.19%AST Portfolio Holdings353 of 635

AST Neuberger Berman Core Bond Portfolio (continued)Security% of PortfolioGOLDMAN SACHS GP 7/08/2044 0.18%FANNIE MAE 7/01/2039 0.18%FANNIE MAE 8/01/2043 0.18%AT&T INC 6/15/2044 0.18%FANNIE MAE 8/01/2037 0.18%RABOBANK 12/01/2043 0.18%UNION BANK NA 5/06/2019 0.18%WF-RBS COMMERCIAL MORTGAGE 3/15/2045 0.18%GOVERNMENT NATIONAL MORTGAG 8/01/2044 0.17%BARCLAYS BK PLC 5/15/2024 0.17%GRUPO BIMBO SAB 6/27/2024 0.17%ORACLE CORP 7/08/2024 0.17%L-3 COMMS CORP 5/28/2024 0.17%MONSANTO CO 7/15/2044 0.17%COMCAST CORP 7/15/2042 0.17%MORGAN STANLEY CAPITAL I TR 3/15/2044 0.17%WF-RBS COMMERCIAL MORTGAGE 8/15/2047 0.17%USU4S US LONG BOND(CBT) 10/05/2014 0.17%THOMSON REUTERS 11/23/2043 0.16%FANNIE MAE 3/01/2035 0.16%HUNTINGTON NATL 8/02/2016 0.16%BARRICK GOLD COR 5/01/2023 0.16%FANNIE MAE 6/01/2042 0.16%DIRECTV HLDGS/FN 4/01/2024 0.16%BANK OF AMER CRP 4/01/2024 0.16%FANNIE MAE 2/01/2041 0.16%ANADARKO PETRO 7/15/2044 0.15%FANNIE MAE 4/01/2042 0.15%FANNIE MAE 12/01/2041 0.15%TIME WARNER INC 7/15/2040 0.15%MORGAN STANLEY BAML TRUST 4/15/2047 0.15%MCKESSON CORP 3/10/2017 0.15%BANK OF AMER CRP 1/11/2023 0.15%GCCFC COMMERCIAL MORTGAGE T 12/10/2049 0.15%FREDDIE MAC 9/01/2042 0.15%WAL-MART STORES 4/22/2044 0.15%PETROLEOS MEXICA 1/23/2045 0.15%THERMO FISHER 2/01/2017 0.14%FREDDIE MAC 6/01/2043 0.14%PETROBRAS 1/15/2019 0.14%JOHNSON CONTROLS 7/02/2024 0.14%AIR LEASE CORP 1/15/2019 0.14%ALTRIA GROUP INC 1/31/2044 0.14%AIR LEASE CORP 4/01/2021 0.14%FREDDIE MAC 11/01/2039 0.14%GS MORTGAGE SECURITIES TRUS 8/10/2045 0.13%WAL-MART STORES 4/11/2043 0.13%MORGAN STANLEY BAML TRUST 11/15/2046 0.13%WF-RBS COMMERCIAL MORTGAGE 3/15/2047 0.13%FREDDIE MAC 8/01/2043 0.13%HEALTH CARE REIT 3/15/2018 0.13%SPANISH GOV'T 10/31/2044 0.13%APPLE INC 5/06/2044 0.13%FANNIE MAE 3/01/2042 0.13%Security% of PortfolioFREDDIE MAC 5/01/2040 0.13%FANNIE MAE 3/01/2040 0.13%FEMSA 5/10/2043 0.12%CGCMT 2014 GC23 XA1.183 7/10/2047 0.12%CREDIT SUISSE MORTGAGE TRUS 9/15/2039 0.12%FANNIE MAE 6/01/2042 0.12%FANNIE MAE 8/01/2043 0.12%FANNIE MAE 3/01/2040 0.12%FREDDIE MAC 8/01/2041 0.11%HOME DEPOT INC 3/15/2045 0.11%FANNIE MAE 4/01/2043 0.11%THOMSON REUTERS 2/23/2017 0.11%FANNIE MAE 5/01/2030 0.11%FANNIE MAE 4/01/2043 0.11%MSBAM 2013-C9 XA1.61841 / 5/15/2046 0.11%FANNIE MAE 12/01/2043 0.11%TIME WARNER INC 6/01/2024 0.11%WF-RBS COMMERCIAL MORTGAGE 11/15/2045 0.11%FANNIE MAE 8/01/2043 0.10%FANNIE MAE 5/01/2040 0.10%GS MORTGAGE SECURITIES TRUS 1/10/2045 0.10%FANNIE MAE 5/01/2038 0.10%FREDDIE MAC 7/01/2043 0.10%US TREASURY N/B 8/15/2025 0.10%FANNIE MAE 12/01/2041 0.10%FANNIE MAE 4/01/2042 0.10%FREDDIE MAC 4/01/2041 0.09%FREDDIE MAC 9/01/2037 0.09%ORANGE 2/06/2044 0.09%FANNIE MAE 4/01/2043 0.09%DIRECTV HLDGS/FN 3/15/2022 0.09%FANNIE MAE 10/01/2038 0.09%FREDDIE MAC 4/01/2043 0.09%FANNIE MAE 12/01/2041 0.09%FREDDIE MAC 10/01/2043 0.09%FANNIE MAE 2/01/2043 0.08%FANNIE MAE 1/01/2043 0.08%FANNIE MAE 2/01/2041 0.08%FANNIE MAE 12/01/2017 0.08%FREDDIE MAC 5/01/2041 0.08%FREDDIE MAC 7/01/2042 0.08%FANNIE MAE 5/01/2043 0.08%FANNIE MAE 7/01/2043 0.08%FREDDIE MAC 5/01/2043 0.08%GEN ELEC CAP CRP 12/11/2015 0.07%FREDDIE MAC 12/01/2037 0.07%FREDDIE MAC 5/01/2043 0.07%JP MORGAN CHASE COMMERCIAL 6/15/2049 0.07%FANNIE MAE 4/01/2043 0.07%FANNIE MAE 8/01/2042 0.07%UNITED MEXICAN 1/21/2045 0.07%COMCAST CORP 3/01/2024 0.07%FANNIE MAE 1/01/2043 0.07%FREDDIE MAC 4/01/2043 0.07%AST Portfolio Holdings354 of 635

AST Neuberger Berman Core Bond Portfolio (continued)Security% of PortfolioFREDDIE MAC GOLD POOL 5/01/2040 0.07%FREDDIE MAC 10/01/2040 0.07%UBS-BARCLAYS COMMERCIAL MOR 12/10/2045 0.07%TENN VALLEY AUTH 9/15/2060 0.07%FANNIE MAE 8/01/2029 0.07%FREDDIE MAC 12/01/2040 0.07%FREDDIE MAC 11/01/2039 0.07%FANNIE MAE 3/01/2042 0.07%FANNIE MAE 9/01/2043 0.07%FREDDIE MAC 10/01/2043 0.07%FANNIE MAE 4/01/2038 0.07%FANNIE MAE 8/01/2041 0.07%FREDDIE MAC 7/01/2042 0.07%FANNIE MAE 1/01/2044 0.07%FREDDIE MAC 8/01/2043 0.06%FREDDIE MAC 12/01/2041 0.06%FREDDIE MAC 2/01/2043 0.06%FANNIE MAE 10/01/2043 0.06%FREDDIE MAC 3/01/2042 0.06%FANNIE MAE 12/01/2039 0.06%FREDDIE MAC 6/01/2041 0.06%FANNIE MAE 8/01/2040 0.06%FREDDIE MAC 3/01/2044 0.06%FREDDIE MAC 6/01/2042 0.05%FANNIE MAE 12/01/2038 0.05%FREDDIE MAC 12/01/2040 0.05%FANNIE MAE 8/01/2040 0.05%FANNIE MAE 9/01/2033 0.05%FANNIE MAE 6/01/2038 0.05%FANNIE MAE 9/01/2043 0.05%FREDDIE MAC 6/01/2040 0.05%FANNIE MAE 12/01/2042 0.05%FANNIE MAE 5/01/2043 0.05%FANNIE MAE 11/01/2041 0.05%FREDDIE MAC 10/01/2043 0.05%FREDDIE MAC 9/01/2038 0.05%FREDDIE MAC 8/01/2042 0.04%VALE 9/11/2042 0.04%FREDDIE MAC 10/01/2042 0.04%FREDDIE MAC 3/01/2044 0.04%FREDDIE MAC 12/01/2037 0.04%FREDDIE MAC 9/01/2037 0.04%FANNIE MAE 5/01/2035 0.04%FANNIE MAE 1/01/2017 0.04%FREDDIE MAC 4/01/2042 0.04%FREDDIE MAC 1/01/2035 0.04%FANNIE MAE 11/01/2040 0.04%FANNIE MAE 6/01/2038 0.03%FANNIE MAE 12/01/2036 0.03%FANNIE MAE 5/01/2042 0.03%FREDDIE MAC 12/01/2037 0.03%FREDDIE MAC 10/01/2037 0.03%FANNIE MAE 4/01/2041 0.03%FREDDIE MAC 4/01/2040 0.03%Security% of PortfolioFANNIE MAE 5/01/2044 0.03%FANNIE MAE 9/01/2038 0.03%US TREASURY N/B 3/31/2017 0.03%FANNIE MAE 9/01/2038 0.03%FREDDIE MAC 11/01/2035 0.03%FANNIE MAE 9/01/2038 0.03%EUROPEAN CURRENCY 0.02%FANNIE MAE 7/01/2043 0.02%FREDDIE MAC 4/01/2036 0.02%FREDDIE MAC 3/01/2028 0.02%FREDDIE MAC 10/01/2042 0.02%FREDDIE MAC 2/01/2042 0.02%FREDDIE MAC 12/01/2038 0.02%FANNIE MAE 9/01/2040 0.02%FREDDIE MAC 8/01/2042 0.02%FANNIE MAE 2/01/2036 0.02%FREDDIE MAC 9/01/2028 0.02%FANNIE MAE 5/01/2038 0.02%FANNIE MAE 11/01/2014 0.01%FREDDIE MAC 1/01/2038 0.01%FANNIE MAE 8/01/2038 0.01%FANNIE MAE 12/01/2037 0.01%FANNIE MAE 10/01/2035 0.01%FANNIE MAE 2/01/2035 0.01%FANNIE MAE 2/01/2020 0.01%FREDDIE MAC 5/01/2040 0.01%FANNIE MAE 6/01/2040 0.01%FANNIE MAE 9/01/2043 0.01%FANNIE MAE 2/01/2038 0.01%FANNIE MAE 10/01/2039 0.01%FREDDIE MAC 1/01/2034 0.01%FANNIE MAE 10/01/2037 0.01%FANNIE MAE 6/01/2027 0.01%FREDDIE MAC 11/01/2038 0.01%FANNIE MAE 4/01/2038 0.01%FANNIE MAE 3/01/2041 < 0.01%FANNIE MAE 4/01/2038 < 0.01%FANNIE MAE 4/01/2033 < 0.01%FANNIE MAE 6/01/2038 < 0.01%FANNIE MAE 7/01/2035 < 0.01%FREDDIE MAC 9/01/2036 < 0.01%FREDDIE MAC 8/01/2035 < 0.01%FANNIE MAE 9/01/2038 < 0.01%FANNIE MAE 11/01/2035 < 0.01%FREDDIE MAC 2/01/2041 < 0.01%FANNIE MAE 9/01/2040 < 0.01%FREDDIE MAC 1/01/2035 < 0.01%FANNIE MAE 3/01/2037 < 0.01%FREDDIE MAC 9/01/2027 < 0.01%FANNIE MAE 1/01/2038 < 0.01%FANNIE MAE 2/01/2038 < 0.01%FREDDIE MAC 7/01/2028 < 0.01%FREDDIE MAC 11/01/2037 < 0.01%FREDDIE MAC 12/01/2036 < 0.01%AST Portfolio Holdings355 of 635

AST Neuberger Berman Core Bond Portfolio (continued)Security% of PortfolioFREDDIE MAC 12/01/2036 < 0.01%FREDDIE MAC 6/01/2028 < 0.01%FANNIE MAE 5/01/2029 < 0.01%FREDDIE MAC 4/01/2038 < 0.01%FREDDIE MAC 4/01/2039 < 0.01%FREDDIE MAC 1/01/2038 < 0.01%FANNIE MAE 4/01/2039 < 0.01%FANNIE MAE 11/01/2033 < 0.01%FREDDIE MAC 8/01/2028 < 0.01%FANNIE MAE 8/01/2038 < 0.01%FANNIE MAE 10/01/2037 < 0.01%FANNIE MAE 3/01/2038 < 0.01%EURO -0.03%356 of 635AST Portfolio Holdings

AST Neuberger Berman Core Bond PortfolioSecurity% of PortfolioUS TREASURY N/B 8/15/2019 8.30%FVU4S US 5YR NOTE (CBT) 10/05/2014 5.82%US TREASURY N/B 8/15/2023 5.25%PRUDENTIAL CORE INVESTMENT 5.13%TYU4S US 10YR NOTE (CBT) 10/05/2014 4.15%EDZ6 90DAY EURO$ FUTR 12/24/2016 4.12%US TREASURY N/B 7/15/2015 4.02%US TREASURY N/B 8/15/2028 2.25%US TREASURY N/B 6/30/2015 2.14%TUU4S US 2YR NOTE(CBT) 10/05/2014 2.14%FANNIE MAE 8/01/2043 2.10%FANNIE MAE 8/01/2042 1.95%TSY INFL IX N/B 1/15/2026 1.64%ECU4S EURO FX CURR FUT 9/22/2014 1.34%US TREASURY N/B 2/15/2036 1.19%FREDDIE MAC 8/01/2043 0.90%WNU4S US ULTRA BOND(CBT) 10/05/2014 0.89%FANNIE MAE 8/01/2042 0.81%UBU4S EURO BUXL 30YR BND 9/15/2014 0.76%TSY INFL IX N/B 4/15/2017 0.68%FANNIE MAE 8/01/2038 0.62%SPANISH GOV'T 7/30/2025 0.62%BTPS 3/01/2026 0.58%FREDDIE MAC 7/01/2042 0.56%FANNIE MAE 12/24/2020 0.56%VERIZON COMM INC 9/15/2023 0.51%FANNIE MAE 4/01/2041 0.48%CNOOC FIN 2014 4/30/2017 0.47%WACHOVIA BANK COMMERCIAL MO 6/15/2049 0.46%FREDDIE MAC 8/01/2042 0.46%ML-CFC COMMERCIAL MORTGAGE 6/12/2050 0.44%FED HOME LN BANK 7/15/2036 0.43%JPMORGAN CHASE 2/15/2017 0.43%FANNIE MAE 9/12/2019 0.41%FANNIE MAE 8/01/2043 0.40%GOLDMAN SACHS GP 2/07/2016 0.39%JP MORGAN CHASE COMMERCIAL 2/15/2051 0.38%QWEST CORP 12/01/2021 0.38%EXELON GENERATIO 10/01/2020 0.38%WELLS FARGO CO 6/15/2024 0.37%ML-CFC COMMERCIAL MORTGAGE 12/12/2049 0.36%FREDDIE MAC 8/01/2040 0.35%MORGAN STANLEY 4/25/2018 0.35%FED FARM CREDIT 11/19/2019 0.35%FORD MOTOR CRED 3/12/2019 0.35%TOYOTA MTR CRED 7/18/2019 0.35%JP MORGAN CHASE COMMERCIAL 1/15/2049 0.34%FREDDIE MAC 7/01/2042 0.34%BBVA BANCOMER SA 4/10/2024 0.34%REYNOLDS AMERICA 11/01/2042 0.34%ELEC DE FRANCE 1/22/2019 0.34%GEN ELECTRIC CO 3/11/2044 0.33%EXPRESS SCRIPTS 6/15/2019 0.32%BANC OF AMERICA COMMERCIAL 7/10/2046 0.32%Security% of PortfolioJP MORGAN CHASE COMMERCIAL 6/12/2043 0.31%FANNIE MAE 12/01/2039 0.31%GLENCORE FDG LLC 4/29/2019 0.31%MIZUHO BANK LTD 4/16/2019 0.30%GEN ELEC CAP CRP 9/07/2022 0.30%TSY INFL IX N/B 1/15/2028 0.30%FREDDIE MAC 2/01/2041 0.30%ARC PROP OPER LP 2/06/2019 0.29%FIFTH THIRD BANK 4/25/2019 0.29%FANNIE MAE 2/01/2041 0.29%GCCFC COMMERCIAL MORTGAGE T 3/10/2039 0.29%JP MORGAN CHASE COMMERCIAL 5/15/2047 0.29%ARC PROP OPER LP 2/06/2017 0.28%BP CAPITAL PLC 2/10/2024 0.28%ENERGY TRAN PTNR 2/01/2042 0.27%FANNIE MAE 1/01/2044 0.27%CITIGROUP INC 3/10/2017 0.27%AMGEN INC 5/22/2019 0.27%TSY INFL IX N/B 4/15/2029 0.26%L-3 COMMS CORP 11/15/2016 0.26%NOVARTIS CAPITAL 5/06/2044 0.26%VERIZON COMM INC 9/15/2043 0.26%DEUTSCHE BK LOND 5/30/2017 0.26%ERAC USA FINANCE 10/15/2019 0.25%JEFFERIES GROUP 4/15/2021 0.25%ROYAL BK SCOTLND 3/31/2017 0.25%KINDER MORGAN EN 2/01/2024 0.25%NORTHROP GRUMMAN 6/01/2018 0.25%HEWLETT-PACK CO 6/01/2016 0.25%HSBC HOLDINGS 3/14/2044 0.25%BANK OF AMER CRP 1/15/2019 0.24%ACTAVIS FUNDING 6/15/2044 0.23%COMM MORTGAGE TRUST 10/10/2046 0.23%FANNIE MAE 12/01/2043 0.23%FANNIE MAE 4/01/2042 0.23%DAIMLER FINANCE 8/01/2017 0.23%FANNIE MAE 1/01/2039 0.22%VORNADO RLTY LP 6/30/2019 0.22%BANC OF AMERICA COMMERCIAL 9/10/2047 0.22%CITIGROUP INC 5/06/2044 0.21%ALLSTATE CORP 8/15/2053 0.21%ANADARKO PETRO 9/15/2016 0.21%ANADARKO PETRO 7/15/2024 0.21%FORD MOTOR CRED 5/09/2016 0.21%VERIZON COMM INC 3/15/2034 0.21%FANNIE MAE 12/01/2040 0.20%FED HOME LN BANK 4/14/2015 0.20%MORGAN STANLEY 2/25/2016 0.20%KINDER MORGAN EN 3/01/2044 0.20%FANNIE MAE 10/01/2043 0.20%ORANGE 2/06/2019 0.20%FANNIE MAE 8/01/2041 0.19%TRANSOCEAN INC 10/15/2022 0.19%FANNIE MAE 9/01/2043 0.19%AST Portfolio Holdings357 of 635

AST Neuberger Berman Core Bond Portfolio (continued)Security% of PortfolioGOLDMAN SACHS GP 7/08/2044 0.18%FANNIE MAE 7/01/2039 0.18%FANNIE MAE 8/01/2043 0.18%AT&T INC 6/15/2044 0.18%FANNIE MAE 8/01/2037 0.18%RABOBANK 12/01/2043 0.18%UNION BANK NA 5/06/2019 0.18%WF-RBS COMMERCIAL MORTGAGE 3/15/2045 0.18%GOVERNMENT NATIONAL MORTGAG 8/01/2044 0.17%BARCLAYS BK PLC 5/15/2024 0.17%GRUPO BIMBO SAB 6/27/2024 0.17%ORACLE CORP 7/08/2024 0.17%L-3 COMMS CORP 5/28/2024 0.17%MONSANTO CO 7/15/2044 0.17%COMCAST CORP 7/15/2042 0.17%MORGAN STANLEY CAPITAL I TR 3/15/2044 0.17%WF-RBS COMMERCIAL MORTGAGE 8/15/2047 0.17%USU4S US LONG BOND(CBT) 10/05/2014 0.17%THOMSON REUTERS 11/23/2043 0.16%FANNIE MAE 3/01/2035 0.16%HUNTINGTON NATL 8/02/2016 0.16%BARRICK GOLD COR 5/01/2023 0.16%FANNIE MAE 6/01/2042 0.16%DIRECTV HLDGS/FN 4/01/2024 0.16%BANK OF AMER CRP 4/01/2024 0.16%FANNIE MAE 2/01/2041 0.16%ANADARKO PETRO 7/15/2044 0.15%FANNIE MAE 4/01/2042 0.15%FANNIE MAE 12/01/2041 0.15%TIME WARNER INC 7/15/2040 0.15%MORGAN STANLEY BAML TRUST 4/15/2047 0.15%MCKESSON CORP 3/10/2017 0.15%BANK OF AMER CRP 1/11/2023 0.15%GCCFC COMMERCIAL MORTGAGE T 12/10/2049 0.15%FREDDIE MAC 9/01/2042 0.15%WAL-MART STORES 4/22/2044 0.15%PETROLEOS MEXICA 1/23/2045 0.15%THERMO FISHER 2/01/2017 0.14%FREDDIE MAC 6/01/2043 0.14%PETROBRAS 1/15/2019 0.14%JOHNSON CONTROLS 7/02/2024 0.14%AIR LEASE CORP 1/15/2019 0.14%ALTRIA GROUP INC 1/31/2044 0.14%AIR LEASE CORP 4/01/2021 0.14%FREDDIE MAC 11/01/2039 0.14%GS MORTGAGE SECURITIES TRUS 8/10/2045 0.13%WAL-MART STORES 4/11/2043 0.13%MORGAN STANLEY BAML TRUST 11/15/2046 0.13%WF-RBS COMMERCIAL MORTGAGE 3/15/2047 0.13%FREDDIE MAC 8/01/2043 0.13%HEALTH CARE REIT 3/15/2018 0.13%SPANISH GOV'T 10/31/2044 0.13%APPLE INC 5/06/2044 0.13%FANNIE MAE 3/01/2042 0.13%Security% of PortfolioFREDDIE MAC 5/01/2040 0.13%FANNIE MAE 3/01/2040 0.13%FEMSA 5/10/2043 0.12%CGCMT 2014 GC23 XA1.183 7/10/2047 0.12%CREDIT SUISSE MORTGAGE TRUS 9/15/2039 0.12%FANNIE MAE 6/01/2042 0.12%FANNIE MAE 8/01/2043 0.12%FANNIE MAE 3/01/2040 0.12%FREDDIE MAC 8/01/2041 0.11%HOME DEPOT INC 3/15/2045 0.11%FANNIE MAE 4/01/2043 0.11%THOMSON REUTERS 2/23/2017 0.11%FANNIE MAE 5/01/2030 0.11%FANNIE MAE 4/01/2043 0.11%MSBAM 2013-C9 XA1.61841 / 5/15/2046 0.11%FANNIE MAE 12/01/2043 0.11%TIME WARNER INC 6/01/2024 0.11%WF-RBS COMMERCIAL MORTGAGE 11/15/2045 0.11%FANNIE MAE 8/01/2043 0.10%FANNIE MAE 5/01/2040 0.10%GS MORTGAGE SECURITIES TRUS 1/10/2045 0.10%FANNIE MAE 5/01/2038 0.10%FREDDIE MAC 7/01/2043 0.10%US TREASURY N/B 8/15/2025 0.10%FANNIE MAE 12/01/2041 0.10%FANNIE MAE 4/01/2042 0.10%FREDDIE MAC 4/01/2041 0.09%FREDDIE MAC 9/01/2037 0.09%ORANGE 2/06/2044 0.09%FANNIE MAE 4/01/2043 0.09%DIRECTV HLDGS/FN 3/15/2022 0.09%FANNIE MAE 10/01/2038 0.09%FREDDIE MAC 4/01/2043 0.09%FANNIE MAE 12/01/2041 0.09%FREDDIE MAC 10/01/2043 0.09%FANNIE MAE 2/01/2043 0.08%FANNIE MAE 1/01/2043 0.08%FANNIE MAE 2/01/2041 0.08%FANNIE MAE 12/01/2017 0.08%FREDDIE MAC 5/01/2041 0.08%FREDDIE MAC 7/01/2042 0.08%FANNIE MAE 5/01/2043 0.08%FANNIE MAE 7/01/2043 0.08%FREDDIE MAC 5/01/2043 0.08%GEN ELEC CAP CRP 12/11/2015 0.07%FREDDIE MAC 12/01/2037 0.07%FREDDIE MAC 5/01/2043 0.07%JP MORGAN CHASE COMMERCIAL 6/15/2049 0.07%FANNIE MAE 4/01/2043 0.07%FANNIE MAE 8/01/2042 0.07%UNITED MEXICAN 1/21/2045 0.07%COMCAST CORP 3/01/2024 0.07%FANNIE MAE 1/01/2043 0.07%FREDDIE MAC 4/01/2043 0.07%AST Portfolio Holdings358 of 635

AST Neuberger Berman Core Bond Portfolio (continued)Security% of PortfolioFREDDIE MAC GOLD POOL 5/01/2040 0.07%FREDDIE MAC 10/01/2040 0.07%UBS-BARCLAYS COMMERCIAL MOR 12/10/2045 0.07%TENN VALLEY AUTH 9/15/2060 0.07%FANNIE MAE 8/01/2029 0.07%FREDDIE MAC 12/01/2040 0.07%FREDDIE MAC 11/01/2039 0.07%FANNIE MAE 3/01/2042 0.07%FANNIE MAE 9/01/2043 0.07%FREDDIE MAC 10/01/2043 0.07%FANNIE MAE 4/01/2038 0.07%FANNIE MAE 8/01/2041 0.07%FREDDIE MAC 7/01/2042 0.07%FANNIE MAE 1/01/2044 0.07%FREDDIE MAC 8/01/2043 0.06%FREDDIE MAC 12/01/2041 0.06%FREDDIE MAC 2/01/2043 0.06%FANNIE MAE 10/01/2043 0.06%FREDDIE MAC 3/01/2042 0.06%FANNIE MAE 12/01/2039 0.06%FREDDIE MAC 6/01/2041 0.06%FANNIE MAE 8/01/2040 0.06%FREDDIE MAC 3/01/2044 0.06%FREDDIE MAC 6/01/2042 0.05%FANNIE MAE 12/01/2038 0.05%FREDDIE MAC 12/01/2040 0.05%FANNIE MAE 8/01/2040 0.05%FANNIE MAE 9/01/2033 0.05%FANNIE MAE 6/01/2038 0.05%FANNIE MAE 9/01/2043 0.05%FREDDIE MAC 6/01/2040 0.05%FANNIE MAE 12/01/2042 0.05%FANNIE MAE 5/01/2043 0.05%FANNIE MAE 11/01/2041 0.05%FREDDIE MAC 10/01/2043 0.05%FREDDIE MAC 9/01/2038 0.05%FREDDIE MAC 8/01/2042 0.04%VALE 9/11/2042 0.04%FREDDIE MAC 10/01/2042 0.04%FREDDIE MAC 3/01/2044 0.04%FREDDIE MAC 12/01/2037 0.04%FREDDIE MAC 9/01/2037 0.04%FANNIE MAE 5/01/2035 0.04%FANNIE MAE 1/01/2017 0.04%FREDDIE MAC 4/01/2042 0.04%FREDDIE MAC 1/01/2035 0.04%FANNIE MAE 11/01/2040 0.04%FANNIE MAE 6/01/2038 0.03%FANNIE MAE 12/01/2036 0.03%FANNIE MAE 5/01/2042 0.03%FREDDIE MAC 12/01/2037 0.03%FREDDIE MAC 10/01/2037 0.03%FANNIE MAE 4/01/2041 0.03%FREDDIE MAC 4/01/2040 0.03%Security% of PortfolioFANNIE MAE 5/01/2044 0.03%FANNIE MAE 9/01/2038 0.03%US TREASURY N/B 3/31/2017 0.03%FANNIE MAE 9/01/2038 0.03%FREDDIE MAC 11/01/2035 0.03%FANNIE MAE 9/01/2038 0.03%EUROPEAN CURRENCY 0.02%FANNIE MAE 7/01/2043 0.02%FREDDIE MAC 4/01/2036 0.02%FREDDIE MAC 3/01/2028 0.02%FREDDIE MAC 10/01/2042 0.02%FREDDIE MAC 2/01/2042 0.02%FREDDIE MAC 12/01/2038 0.02%FANNIE MAE 9/01/2040 0.02%FREDDIE MAC 8/01/2042 0.02%FANNIE MAE 2/01/2036 0.02%FREDDIE MAC 9/01/2028 0.02%FANNIE MAE 5/01/2038 0.02%FANNIE MAE 11/01/2014 0.01%FREDDIE MAC 1/01/2038 0.01%FANNIE MAE 8/01/2038 0.01%FANNIE MAE 12/01/2037 0.01%FANNIE MAE 10/01/2035 0.01%FANNIE MAE 2/01/2035 0.01%FANNIE MAE 2/01/2020 0.01%FREDDIE MAC 5/01/2040 0.01%FANNIE MAE 6/01/2040 0.01%FANNIE MAE 9/01/2043 0.01%FANNIE MAE 2/01/2038 0.01%FANNIE MAE 10/01/2039 0.01%FREDDIE MAC 1/01/2034 0.01%FANNIE MAE 10/01/2037 0.01%FANNIE MAE 6/01/2027 0.01%FREDDIE MAC 11/01/2038 0.01%FANNIE MAE 4/01/2038 0.01%FANNIE MAE 3/01/2041 < 0.01%FANNIE MAE 4/01/2038 < 0.01%FANNIE MAE 4/01/2033 < 0.01%FANNIE MAE 6/01/2038 < 0.01%FANNIE MAE 7/01/2035 < 0.01%FREDDIE MAC 9/01/2036 < 0.01%FREDDIE MAC 8/01/2035 < 0.01%FANNIE MAE 9/01/2038 < 0.01%FANNIE MAE 11/01/2035 < 0.01%FREDDIE MAC 2/01/2041 < 0.01%FANNIE MAE 9/01/2040 < 0.01%FREDDIE MAC 1/01/2035 < 0.01%FANNIE MAE 3/01/2037 < 0.01%FREDDIE MAC 9/01/2027 < 0.01%FANNIE MAE 1/01/2038 < 0.01%FANNIE MAE 2/01/2038 < 0.01%FREDDIE MAC 7/01/2028 < 0.01%FREDDIE MAC 11/01/2037 < 0.01%FREDDIE MAC 12/01/2036 < 0.01%AST Portfolio Holdings359 of 635

AST Neuberger Berman Core Bond Portfolio (continued)Security% of PortfolioFREDDIE MAC 12/01/2036 < 0.01%FREDDIE MAC 6/01/2028 < 0.01%FANNIE MAE 5/01/2029 < 0.01%FREDDIE MAC 4/01/2038 < 0.01%FREDDIE MAC 4/01/2039 < 0.01%FREDDIE MAC 1/01/2038 < 0.01%FANNIE MAE 4/01/2039 < 0.01%FANNIE MAE 11/01/2033 < 0.01%FREDDIE MAC 8/01/2028 < 0.01%FANNIE MAE 8/01/2038 < 0.01%FANNIE MAE 10/01/2037 < 0.01%FANNIE MAE 3/01/2038 < 0.01%EURO -0.03%360 of 635AST Portfolio Holdings

AST Neuberger Berman Mid-Cap Growth PortfolioSecurity% of PortfolioSBA COMMUNICATIONS CORP-CL 2.14%AVAGO TECHNOLOGIES LTD 2.04%PRUDENTIAL CORE INVESTMENT 1.87%ALLIANCE DATA SYSTEMS CORP 1.86%AFFILIATED MANAGERS GROUP 1.64%STERICYCLE INC 1.59%CERNER CORP 1.58%AMETEK INC 1.52%HANESBRANDS INC 1.51%O'REILLY AUTOMOTIVE INC 1.44%UNDER ARMOUR INC-CLASS A 1.41%VERISK ANALYTICS INC-CLASS 1.39%ROPER INDUSTRIES INC 1.36%ACADIA HEALTHCARE CO INC 1.33%CONCHO RESOURCES INC 1.33%KATE SPADE & CO 1.30%UNITED RENTALS INC 1.28%NXP SEMICONDUCTORS NV 1.25%ILLUMINA INC 1.18%ASPEN TECHNOLOGY INC 1.17%MGM RESORTS INTERNATIONAL 1.17%UNIVERSAL HEALTH SERVICES-B 1.17%BIOMARIN PHARMACEUTICAL INC 1.16%PACKAGING CORP OF AMERICA 1.15%POLARIS INDUSTRIES INC 1.14%TRACTOR SUPPLY COMPANY 1.08%ENVISION HEALTHCARE HOLDING 1.07%WILLIAMS-SONOMA INC 1.07%PORTFOLIO RECOVERY ASSOCIAT 1.06%LKQ CORP 1.06%INTERCONTINENTAL EXCHANGE I 1.05%ACTIVISION BLIZZARD INC 1.05%RAYMOND JAMES FINANCIAL INC 1.05%AKORN INC 1.05%HUNT (JB) TRANSPRT SVCS INC 1.04%FORTUNE BRANDS HOME & SECUR 1.04%JONES LANG LASALLE INC 1.03%BUFFALO WILD WINGS INC 1.03%HEALTHSOUTH CORP 1.02%ALEXION PHARMACEUTICALS INC 1.02%WHITEWAVE FOODS CO 1.02%CABOT OIL & GAS CORP 1.01%PALL CORP 1.00%B/E AEROSPACE INC 0.99%ALASKA AIR GROUP INC 0.98%FLEETCOR TECHNOLOGIES INC 0.98%DOLLAR TREE INC 0.96%AMPHENOL CORP-CL A 0.96%ARRIS GROUP INC 0.95%WRIGHT MEDICAL GROUP INC 0.94%F5 NETWORKS INC 0.94%CDW CORP/DE 0.93%MYLAN INC 0.93%MICROCHIP TECHNOLOGY INC 0.93%Security% of PortfolioSVB FINANCIAL GROUP 0.90%ADVANCE AUTO PARTS INC 0.89%CUBIST PHARMACEUTICALS INC 0.88%OLD DOMINION FREIGHT LINE 0.88%PRICESMART INC 0.87%ROSS STORES INC 0.87%COOPER COS INC/THE 0.87%DOVER CORP 0.86%TRIMBLE NAVIGATION LTD 0.83%NEWELL RUBBERMAID INC 0.83%BORGWARNER INC 0.81%ANTERO RESOURCES CORP 0.80%ZEBRA TECHNOLOGIES CORP-CL 0.78%POLYONE CORPORATION 0.76%ELECTRONIC ARTS INC 0.75%MONOLITHIC POWER SYSTEMS IN 0.74%OMNICARE INC 0.74%ENDO HEALTH SOLUTIONS INC 0.73%TREEHOUSE FOODS INC 0.73%OASIS PETROLEUM INC 0.72%CABELA'S INC 0.70%LITHIA MOTORS INC-CL A 0.69%SYNCHRONOSS TECHNOLOGIES IN 0.68%MICHAEL KORS HOLDINGS LTD 0.67%SIGNET JEWELERS LTD 0.65%ADVISORY BOARD CO/THE 0.65%ULTIMATE SOFTWARE GROUP INC 0.64%OCEANEERING INTL INC 0.64%PALO ALTO NETWORKS INC 0.63%SERVICENOW INC 0.62%DRIL-QUIP INC 0.62%DEMANDWARE INC 0.62%HOMEAWAY INC 0.59%CARTER'S INC 0.59%LAM RESEARCH CORP 0.59%PANDORA MEDIA INC 0.58%WORKDAY INC-CLASS A 0.57%SPLUNK INC 0.55%SALIX PHARMACEUTICALS LTD 0.55%WELLCARE HEALTH PLANS INC 0.55%AUTODESK INC 0.55%SANDISK CORP 0.53%ARUBA NETWORKS INC 0.51%CAVIUM INC 0.51%FISERV INC 0.51%AKAMAI TECHNOLOGIES INC 0.50%ALKERMES PLC 0.44%TUESDAY MORNING CORP 0.42%WAGEWORKS INC 0.42%WABTEC CORP 0.42%ICON PLC 0.40%ON ASSIGNMENT INC 0.38%IPC THE HOSPITALIST CO 0.32%INCYTE CORP 0.28%AST Portfolio Holdings361 of 635

AST Neuberger Berman Mid-Cap Growth Portfolio (continued)362 of 635AST Portfolio Holdings

AST Neuberger Berman Mid-Cap Growth PortfolioSecurity% of PortfolioSBA COMMUNICATIONS CORP-CL 2.14%AVAGO TECHNOLOGIES LTD 2.04%PRUDENTIAL CORE INVESTMENT 1.87%ALLIANCE DATA SYSTEMS CORP 1.86%AFFILIATED MANAGERS GROUP 1.64%STERICYCLE INC 1.59%CERNER CORP 1.58%AMETEK INC 1.52%HANESBRANDS INC 1.51%O'REILLY AUTOMOTIVE INC 1.44%UNDER ARMOUR INC-CLASS A 1.41%VERISK ANALYTICS INC-CLASS 1.39%ROPER INDUSTRIES INC 1.36%ACADIA HEALTHCARE CO INC 1.33%CONCHO RESOURCES INC 1.33%KATE SPADE & CO 1.30%UNITED RENTALS INC 1.28%NXP SEMICONDUCTORS NV 1.25%ILLUMINA INC 1.18%ASPEN TECHNOLOGY INC 1.17%MGM RESORTS INTERNATIONAL 1.17%UNIVERSAL HEALTH SERVICES-B 1.17%BIOMARIN PHARMACEUTICAL INC 1.16%PACKAGING CORP OF AMERICA 1.15%POLARIS INDUSTRIES INC 1.14%TRACTOR SUPPLY COMPANY 1.08%ENVISION HEALTHCARE HOLDING 1.07%WILLIAMS-SONOMA INC 1.07%PORTFOLIO RECOVERY ASSOCIAT 1.06%LKQ CORP 1.06%INTERCONTINENTAL EXCHANGE I 1.05%ACTIVISION BLIZZARD INC 1.05%RAYMOND JAMES FINANCIAL INC 1.05%AKORN INC 1.05%HUNT (JB) TRANSPRT SVCS INC 1.04%FORTUNE BRANDS HOME & SECUR 1.04%JONES LANG LASALLE INC 1.03%BUFFALO WILD WINGS INC 1.03%HEALTHSOUTH CORP 1.02%ALEXION PHARMACEUTICALS INC 1.02%WHITEWAVE FOODS CO 1.02%CABOT OIL & GAS CORP 1.01%PALL CORP 1.00%B/E AEROSPACE INC 0.99%ALASKA AIR GROUP INC 0.98%FLEETCOR TECHNOLOGIES INC 0.98%DOLLAR TREE INC 0.96%AMPHENOL CORP-CL A 0.96%ARRIS GROUP INC 0.95%WRIGHT MEDICAL GROUP INC 0.94%F5 NETWORKS INC 0.94%CDW CORP/DE 0.93%MYLAN INC 0.93%MICROCHIP TECHNOLOGY INC 0.93%Security% of PortfolioSVB FINANCIAL GROUP 0.90%ADVANCE AUTO PARTS INC 0.89%CUBIST PHARMACEUTICALS INC 0.88%OLD DOMINION FREIGHT LINE 0.88%PRICESMART INC 0.87%ROSS STORES INC 0.87%COOPER COS INC/THE 0.87%DOVER CORP 0.86%TRIMBLE NAVIGATION LTD 0.83%NEWELL RUBBERMAID INC 0.83%BORGWARNER INC 0.81%ANTERO RESOURCES CORP 0.80%ZEBRA TECHNOLOGIES CORP-CL 0.78%POLYONE CORPORATION 0.76%ELECTRONIC ARTS INC 0.75%MONOLITHIC POWER SYSTEMS IN 0.74%OMNICARE INC 0.74%ENDO HEALTH SOLUTIONS INC 0.73%TREEHOUSE FOODS INC 0.73%OASIS PETROLEUM INC 0.72%CABELA'S INC 0.70%LITHIA MOTORS INC-CL A 0.69%SYNCHRONOSS TECHNOLOGIES IN 0.68%MICHAEL KORS HOLDINGS LTD 0.67%SIGNET JEWELERS LTD 0.65%ADVISORY BOARD CO/THE 0.65%ULTIMATE SOFTWARE GROUP INC 0.64%OCEANEERING INTL INC 0.64%PALO ALTO NETWORKS INC 0.63%SERVICENOW INC 0.62%DRIL-QUIP INC 0.62%DEMANDWARE INC 0.62%HOMEAWAY INC 0.59%CARTER'S INC 0.59%LAM RESEARCH CORP 0.59%PANDORA MEDIA INC 0.58%WORKDAY INC-CLASS A 0.57%SPLUNK INC 0.55%SALIX PHARMACEUTICALS LTD 0.55%WELLCARE HEALTH PLANS INC 0.55%AUTODESK INC 0.55%SANDISK CORP 0.53%ARUBA NETWORKS INC 0.51%CAVIUM INC 0.51%FISERV INC 0.51%AKAMAI TECHNOLOGIES INC 0.50%ALKERMES PLC 0.44%TUESDAY MORNING CORP 0.42%WAGEWORKS INC 0.42%WABTEC CORP 0.42%ICON PLC 0.40%ON ASSIGNMENT INC 0.38%IPC THE HOSPITALIST CO 0.32%INCYTE CORP 0.28%AST Portfolio Holdings362 of 635

AST Neuberger Berman Mid-Cap Growth Portfolio (continued)363 of 635AST Portfolio Holdings

AST New Discovery Asset Allocation PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 3.63%APPLE INC 1.51%CVS CAREMARK CORP 1.41%AMERICAN INTERNATIONAL GROU 1.14%UNITEDHEALTH GROUP INC 0.94%WI TREASURY SEC. 4/30/2019 0.92%WELLS FARGO & CO 0.90%US TREASURY N/B 1/31/2021 0.88%US TREASURY N/B 5/15/2043 0.84%WI TREASURY SEC. 5/31/2021 0.79%QUALCOMM INC 0.75%MICROSOFT CORP 0.73%AGILENT TECHNOLOGIES INC 0.70%TSY INFL IX N/B 4/15/2016 0.68%NATIONAL OILWELL VARCO INC 0.66%WI TREASURY SEC. 5/15/2017 0.66%SCHWAB (CHARLES) CORP 0.65%CORE LABORATORIES N.V. 0.65%CME GROUP INC 0.63%TSY INFL IX N/B 4/15/2015 0.63%TIME WARNER INC 0.62%EXPRESS SCRIPTS HOLDING CO 0.62%PRAXAIR INC 0.61%MARSH & MCLENNAN COS 0.60%CIT GROUP INC 0.60%GILEAD SCIENCES INC 0.60%MORGAN STANLEY 0.60%CHEVRON CORP 0.59%INGERSOLL-RAND PLC 0.58%SCHLUMBERGER LTD 0.58%VISA INC-CLASS A SHARES 0.57%OCCIDENTAL PETROLEUM CORP 0.56%BOEING CO/THE 0.56%STARBUCKS CORP 0.56%INTUITIVE SURGICAL INC 0.55%MEAD JOHNSON NUTRITION CO 0.54%JPMORGAN CHASE & CO 0.54%TEXAS INSTRUMENTS INC 0.54%FMC TECHNOLOGIES INC 0.53%APACHE CORP 0.52%EDISON INTERNATIONAL 0.52%CITIGROUP INC 0.50%DANAHER CORP 0.49%TE CONNECTIVITY LTD 0.49%PARKER HANNIFIN CORP 0.49%REPUBLIC SERVICES INC 0.49%ECOLAB INC 0.48%ESTEE LAUDER COMPANIES-CL A 0.48%DOW CHEMICAL CO/THE 0.48%DELPHI AUTOMOTIVE PLC 0.47%ISHARES RUSSELL 1000 VALUE 0.47%CISCO SYSTEMS INC 0.46%ABBOTT LABORATORIES 0.46%ABBVIE INC 0.46%Security% of PortfolioSEAGATE TECHNOLOGY 0.45%ALLSTATE CORP 0.45%CHECK POINT SOFTWARE TECH 0.44%AMPHENOL CORP-CL A 0.44%WHOLE FOODS MARKET INC 0.44%METLIFE INC 0.44%COMPUTER SCIENCES CORP 0.44%STERICYCLE INC 0.43%FANNIE MAE 10/01/2033 0.43%BANK OF NEW YORK MELLON COR 0.43%DAVITA HEALTHCARE PARTNERS 0.43%INTERNATIONAL PAPER CO 0.43%DISCOVERY COMMUNICATIONS-A 0.41%SALESFORCE.COM INC 0.41%CAMECO CORP 0.40%HALLIBURTON CO 0.39%WAL-MART STORES INC 0.39%US TREASURY N/B 10/31/2018 0.38%CENTURYLINK INC 0.38%PETSMART INC 0.38%HITACHI LTD 0.37%DU PONT (E.I.) DE NEMOURS 0.37%BUNGE LTD 0.37%FED FARM CREDIT 11/14/2016 0.36%FANNIE MAE 10/01/2041 0.36%UNITED TECHNOLOGIES CORP 0.36%AETNA INC 0.36%TEVA PHARMACEUTICAL-SP ADR 0.36%FASTENAL CO 0.35%US TREASURY N/B 6/30/2016 0.35%GOOGLE INC-CL A 0.33%SHIRE PLC 0.33%GOOGLE INC-CL C 0.33%COSTCO WHOLESALE CORP 0.33%WHITING PETROLEUM CORP 0.32%ICICI BANK LTD-SPON ADR 0.32%FLUOR CORP 0.32%COVANCE INC 0.32%MONDELEZ INTERNATIONAL INC- 0.32%GENPACT LTD 0.31%PHILLIPS 66 0.31%FHLB CO 0% 8/15/2014 0.31%PEPSICO INC 0.30%ACCENTURE PLC-CL A 0.29%UNILEVER PLC 0.29%REINSURANCE GROUP OF AMERIC 0.29%AMADEUS IT HOLDING SA-A SHS 0.29%COGNIZANT TECH SOLUTIONS-A 0.27%QUANTA SERVICES INC 0.27%CHEUNG KONG HOLDINGS LTD 0.26%ANSYS INC 0.26%WAL-MART STORES 8/15/2037 0.25%NATIONAL INSTRUMENTS CORP 0.25%FANNIE MAE 8/14/2023 0.25%AST Portfolio Holdings363 of 635

AST New Discovery Asset Allocation Portfolio (continued)Security% of PortfolioARM HOLDINGS PLC-SPONS ADR 0.25%BANK OF AMERICA CORP 0.25%MARATHON OIL CORP 0.24%SAMSUNG ELECTRONICS CO LTD 0.24%IBM CORP 9/14/2017 0.24%WELLS FARGO CO 12/11/2017 0.23%FHLB CO 0% 8/15/2014 0.23%NIPPON TELEGRAPH & TELEPHON 0.23%FOSSIL GROUP INC 0.23%AON PLC 0.23%US TREASURY N/B 6/15/2017 0.23%FED HOME LN BANK 5/15/2023 0.22%FANNIE MAE 11/01/2041 0.22%OHIO ST UNIV 6/01/2040 0.21%NASDAQ OMX GROUP/THE 0.21%EXXON MOBIL CORP 0.21%PFIZER INC 0.21%COVANTA HOLDING CORP 0.21%ICON PLC 0.21%NOVARTIS AG-REG 0.20%CATERPILLAR INC 12/15/2018 0.20%BP CAPITAL PLC 3/11/2016 0.20%FED HOME LN BANK 5/23/2023 0.20%QUEBEC PROVINCE 2/13/2023 0.20%DENSO CORP 0.20%PATTERSON-UTI ENERGY INC 0.20%AT&T INC 0.20%ROCK TENN COMPANY -CL A 0.20%URS CORP 0.20%FANNIE MAE 11/01/2041 0.19%ENI SPA 0.19%DNB ASA 0.19%DEVRY EDUCATION GROUP INC 0.19%ROCHE HOLDING AG-GENUSSCHEI 0.19%HLSS SERVICER ADVANCE RECEI 5/15/2046 0.19%FUJIFILM HOLDINGS CORP 0.18%US TREASURY FRN 1/31/2016 0.18%VERIZON COMM INC 9/15/2023 0.18%SANOFI 0.18%ERICSSON LM-B SHS 0.18%GE CAPITAL CREDIT CARD MAST 3/15/2018 0.18%VERIZON COMM INC 9/15/2033 0.18%FANNIE MAE 10/01/2043 0.18%NOBLE GROUP LTD 0.18%CSX TRANS 1/15/2023 0.17%SUNCOR ENERGY INC 0.17%HSBC HOLDINGS PLC 0.17%ORIX CORP 0.17%EVEREST RE GROUP LTD 0.17%FLIR SYSTEMS INC 0.17%BANK OF AMER CRP 1/15/2019 0.17%SIEMENS AG-REG 0.17%COMM MORTGAGE TRUST 2/10/2047 0.17%MITSUBISHI CORP 0.17%Security% of PortfolioMERCK KGAA 0.17%SUPERIOR ENERGY SERVICES IN 0.17%GEN ELEC CAP CRP 1/07/2021 0.17%NESTLE SA-REG 0.17%CHEVRON CORP 12/05/2022 0.16%RESONA HOLDINGS INC 0.16%SVENSKA CELLULOSA AB SCA-B 0.16%ALLIANZ SE-REG 0.16%KONINKLIJKE PHILIPS NV 0.16%DIAGEO PLC 0.16%ADVANCED SEMICONDUCTOR ENGR 0.16%NOVARTIS AG-ADR 0.16%SCHOELLER-BLECKMANN OILFIEL 0.16%FANNIE MAE 1/01/2043 0.16%FHLB CO 0% 8/20/2014 0.16%SJM HOLDINGS LTD 0.15%CARLSBERG AS-B 0.15%MS&AD INSURANCE GROUP HOLDI 0.15%NOBLE CORP PLC 0.15%CHINA OILFIELD SERVICES-H 0.15%BHP BILLITON PLC-ADR 0.15%FEDEX 1998 TRUST 1/15/2022 0.15%INVESTOR AB-B SHS 0.15%BP PLC-SPONS ADR 0.15%CAROLINA P & L 1/15/2019 0.15%SUMITOMO MITSUI FINANCIAL G 0.15%GOLDMAN SACHS GP 4% 3/03/2024 0.15%NATIONAL GRID PLC 0.15%LOWE'S COS INC 0.15%CISCO SYSTEMS 2/15/2039 0.15%JAPAN AIRLINES CO LTD 0.15%GUANGDONG INVESTMENT LTD 0.15%AMER EXPRESS CR 9/19/2016 0.15%ARKEMA 0.15%DUKE ENERGY CAR 2/15/2040 0.15%SECOM CO LTD 0.15%GAM HOLDING AG 0.15%ASCIANO LTD 0.15%VIVENDI 0.14%WESCO INTERNATIONAL INC 0.14%REXEL SA 0.14%CONOCOPHILLIPS 2/01/2019 0.14%FANNIE MAE 1/01/2040 0.14%COEUR MINING INC 0.14%RIO TINTO PLC-SPON ADR 0.14%JPMORGAN CHASE 7/22/2020 0.14%PULTEGROUP INC 0.14%HONDA AUTO RECEIVABLES OWNE 8/18/2017 0.14%KURARAY CO LTD 0.14%REXAM PLC 0.14%FIRST PACIFIC CO 0.14%CITIGROUP INC 1/10/2017 0.14%STATOIL ASA-SPON ADR 0.14%WALT DISNEY CO 12/01/2022 0.14%AST Portfolio Holdings364 of 635

AST New Discovery Asset Allocation Portfolio (continued)Security% of PortfolioFRIENDS LIFE GROUP LTD 0.14%CHALLENGER LTD 0.14%GETINGE AB-B SHS 0.13%FAIRFAX FINANCIAL HLDGS LTD 0.13%AISIN SEIKI CO LTD 0.13%HYUNDAI MOBIS CO LTD 0.13%TSY INFL IX N/B 1/15/2024 0.13%METRO AG 0.13%TOTAL SA 0.13%SK TELECOM 0.13%CARNIVAL CORP 0.13%BARCLAYS PLC 0.13%US TREASURY N/B 6/30/2021 0.13%MICHELIN (CGDE) 0.13%GDF SUEZ 0.13%SHELL INTL FIN 1/06/2023 0.13%NITORI HOLDINGS CO LTD 0.12%GOLDMAN SACHS GP 1/22/2018 0.12%ISRAEL CORP LIMITED/THE 0.12%KANGWON LAND INC 0.12%US TREASURY N/B 2/15/2044 0.12%AKZO NOBEL 0.12%WEICHAI POWER CO LTD-H 0.12%VOLKSWAGEN AG-PREF 0.12%BOSKALIS WESTMINSTER 0.12%BHP BILLITON LTD-SPON ADR 0.12%KRAFT FOODS GROUP INC 0.12%OASIS PETROLEUM INC 0.12%ROYAL BANK OF SCOTLAND GROU 0.12%INCHCAPE PLC 0.12%APA GROUP 0.12%ORIENT OVERSEAS INTL LTD 0.12%SUBSEA 7 SA 0.12%CONOCOPHILLIPS 0.12%BRITISH SKY BROADCASTING GR 0.11%FANNIE MAE 2/01/2043 0.11%ITAU UNIBANCO HOLDING S-PRE 0.11%VINCI SA 0.11%EXTENDED STAY AMERICA TRUST 12/05/2031 0.11%TRANSOCEAN LTD 0.11%FED HOME LN BANK 5/15/2023 0.11%AKBANK T.A.S. 0.11%ROYAL BK CANADA 3/15/2019 0.11%RYANAIR HOLDINGS PLC-SP ADR 0.11%KIRIN HOLDINGS CO LTD 0.11%NORSK HYDRO ASA 0.11%FREDDIE MAC 11/15/2043 0.11%IG GROUP HOLDINGS PLC 0.11%POSCO 0.11%SMURFIT KAPPA GROUP PLC 0.11%NIPPON STEEL & SUMITOMO MET 0.11%ANHUI CONCH CEMENT CO LTD-H 0.10%TOYOTA MTR CRED 5/16/2017 0.10%KINGFISHER PLC 0.10%Security% of PortfolioMORGAN STANLEY 7/23/2019 0.10%TOTAL CAP INTL 6/19/2021 0.10%UBS AG-REG 0.10%MINDRAY MEDICAL INTL LTD-AD 0.10%VEOLIA ENVIRONNEMENT 0.10%NAVIENT CORP 0.10%FED HOME LN BANK 3/25/2027 0.10%HEINEKEN HOLDING NV 0.10%USS CO LTD 0.10%BANC OF AMERICA COMMERCIAL 10/10/2045 0.10%PEPSICO INC 11/01/2018 0.10%SONY CORP 0.10%SOCIETE GENERALE SA 0.10%TURKIYE GARANTI BANKASI 0.10%DELTA LLOYD NV 0.10%PHILIP MORRIS IN 5/16/2018 0.10%IMPERIAL TOBACCO GROUP PLC 0.10%GEORGE WASHINGTO 9/15/2022 0.10%BANCOLOMBIA S.A.-SPONS ADR 0.10%FRANKLIN RESOURCES INC 0.09%FLEXTRONICS INTL LTD 0.09%ROYAL DUTCH SHELL PLC-A SHS 0.09%ANADARKO PETRO 7/15/2024 0.09%HLSS SERVICER ADVANCE RECEI 5/16/2044 0.09%BANCO DO BRASIL S.A. 0.09%SODEXO 0.09%IBM CORP 2/12/2024 0.09%MALLINCKRODT PLC 0.09%MORGAN STANLEY 3/22/2017 0.09%KOHLS CORP 0.09%NATL RURAL UTIL 11/01/2018 0.09%KONINKLIJKE AHOLD NV 0.09%KOMATSU LTD 0.09%HARVARD PRES&FEL 10/01/2037 0.09%PRYSMIAN SPA 0.09%TREASURY 7/22/2019 0.09%BANK NOVA SCOTIA 7/21/2021 0.09%DENKI KAGAKU KOGYO K K 0.09%BAYER AG-REG 0.09%FANNIE MAE 7/01/2031 0.09%CREDIT SUISSE GROUP-SPON AD 0.09%FANNIE MAE 4/01/2031 0.08%GEN ELEC CAP CRP 12/29/2049 0.08%VNO MORTGAGE TRUST 12/13/2029 0.08%PETROBRAS 3/17/2017 0.08%ERSTE GROUP BANK AG 0.08%NETAPP INC 0.08%FRS LLC 4/15/2043 0.08%RABOBANK 6/01/2049 0.08%PEPSICO INC 3/05/2022 0.08%HSBC HOLDINGS PLC 0.08%CATERPILLAR FINL 2/15/2019 0.08%BANCO BRADESCO-ADR 0.08%FANNIE MAE 4/01/2041 0.08%AST Portfolio Holdings365 of 635

AST New Discovery Asset Allocation Portfolio (continued)Security% of PortfolioOCWEN FINANCIAL CORP 0.08%CHASE ISSUANCE TRUST 4/15/2019 0.08%JPMORGAN CHASE 7/05/2016 0.08%ADMIRAL GROUP PLC 0.08%COMCAST CORP 11/15/2017 0.08%FANNIE MAE 1/01/2041 0.08%UMW HOLDINGS BHD 0.08%FANNIE MAE 2/01/2041 0.08%FANNIE MAE 12/01/2040 0.08%FANNIE MAE 1/25/2026 0.08%PFIZER INC 7.2% 3/15/2039 0.08%FORD CREDIT FLOORPLAN MASTE 9/15/2016 0.08%VODAFONE GROUP PLC 0.08%MGM CHINA HOLDINGS LTD 0.07%MICROSOFT CORP 6/01/2019 0.07%IND & COMM BK OF CHINA-H 0.07%TSY INFL IX N/B 2/15/2044 0.07%AGEAS 0.07%GOVERNMENT NATIONAL MORTGAG 4/16/2043 0.07%STRUCTURED AGENCY CREDIT RI 4/25/2024 0.07%BNSF 05-3 TRUST 1/15/2023 0.07%FANNIE MAE 7/01/2034 0.07%FORD CREDIT AUTO OWNER TRUS 12/15/2017 0.07%TORONTO DOM BANK 9/10/2018 0.07%AIR LEASE CORP 4/01/2021 0.07%CATERPILLAR INC 5/15/2024 0.07%UNP CO 2000 TRST 1/10/2021 0.07%KINDER MORGAN EN 2/01/2024 0.07%VERIZON COMM INC 9/15/2043 0.07%JOHNSON MATTHEY PLC 0.07%KINTETSU WORLD EXPRESS INC 0.07%KOMERCNI BANKA AS 0.07%FED HOME LN BANK 9/05/2025 0.07%UNTD AIR 2014-1 4/11/2026 0.07%CNOOC FIN 2014 4/30/2024 0.07%AMER HONDA FIN 8/11/2015 0.07%UNIV OF CALIFORNIA CA REVEN 7/01/2041 0.07%GOVERNMENT NATIONAL MORTGAG 8/16/2039 0.07%MORGAN STANLEY CAPITAL I TR 1/11/2043 0.07%FANNIE MAE 1/01/2041 0.07%TALANX AG 0.07%SANTANDER DRIVE AUTO RECEIV 1/15/2019 0.07%UNTD AIR 14-2 A 9/03/2026 0.07%AMERICREDIT AUTOMOBILE RECE 11/08/2019 0.06%PFIZER INC 3/15/2019 0.06%BNSF 06-1 TRUST 1/15/2024 0.06%STRIP PRINC 5/15/2030 0.06%MACQUARIE BK LTD 6/24/2019 0.06%DAIICHI SANKYO CO LTD 0.06%JPMORGAN CHASE 12/29/2049 0.06%SANTANDER DRIVE AUTO RECEIV 3/15/2019 0.06%AMERICAN IN-CW21 0.06%INDOFOOD SUKSES MAKMUR TBK 0.06%CON EDISON NY 3/15/2044 0.06%Security% of PortfolioSINOPEC GRP OVER 4/10/2024 0.06%CHINA SHIPPING CONTAINER-H 0.06%ALLY AUTO RECEIVABLES TRUST 7/15/2016 0.06%AMER CAMPUS COMM 7/01/2024 0.06%GOVERNMENT NATIONAL MORTGAG 11/15/2024 0.06%FREDDIE MAC 4/25/2028 0.06%GLENCORE FDG LLC 5/30/2023 0.06%FORD MOTOR CRED 1/16/2018 0.06%ALLY AUTO RECEIVABLES TRUST 8/20/2015 0.06%FANNIE MAE 5/01/2024 0.06%BANK OF NY MELLO 1/15/2019 0.06%SIA ENGINEERING CO LTD 0.06%MERRILL LYNCH MORTGAGE INVE 8/25/2032 0.06%ROGERS COMMUNICATIONS INC-B 0.06%CONWERT IMMOBILIEN INVEST S 0.06%UBM PLC 0.06%CD COMMERCIAL MORTGAGE TRUS 11/15/2044 0.06%FANNIE MAE 12/01/2040 0.06%WACHOVIA BANK COMMERCIAL MO 2/15/2051 0.06%FANNIE MAE 12/01/2029 0.06%GS MORTGAGE SECURITIES TRUS 4/10/2031 0.06%FANNIE MAE 10/01/2032 0.06%NA DEV BANK 10/26/2022 0.06%ISHARES MSCI UNITED KINGDOM 0.06%GLAXOSMITHKLINE 5/15/2018 0.06%FED HOME LN BANK 8/14/2024 0.06%ACTAVIS FUNDING 6/15/2024 0.06%ZIONS BANCORP 3/27/2017 0.05%ADIDAS AG 0.05%TELEFONICA EMIS 2/16/2021 0.05%GALENICA AG-REG 0.05%ORACLE CORP 7/08/2021 0.05%KEY BANK NA 11/25/2016 0.05%KILROY REALTY 4.25% 8/15/2029 0.05%BB&T CORPORATION 3/22/2017 0.05%FREMF 2012-K707 B 1/25/2047 0.05%GEN ELEC CAP CRP 9/15/2017 0.05%PIRELLI & C. 0.05%TSY INFL IX N/B 4/15/2018 0.05%COMM MORTGAGE TRUST 3/10/2047 0.05%GS MORTGAGE SECURITIES TRUS 12/10/2030 0.05%MORGAN STANLEY 1.4485% 8/15/2047 0.05%BHP FINANCE USA 11/21/2016 0.05%ING BANK NV 9/25/2023 0.05%FED HOME LN BANK 10/04/2027 0.05%MANITOBA (PROV) 5/14/2024 0.05%FANNIE MAE 6/01/2041 0.05%WELLS FARGO CO 6/15/2024 0.05%SIERRA RECEIVABLES FUNDING 6/20/2031 0.05%JP MORGAN CHASE COMMERCIAL 7/15/2028 0.05%PRIDE INTL INC 8/15/2020 0.05%PROSPECT CAPITAL 7/15/2019 0.05%US BANCORP 0.05%ECOPETROL SA 5/28/2045 0.05%AST Portfolio Holdings366 of 635

AST New Discovery Asset Allocation Portfolio (continued)Security% of PortfolioDIGITALGLOBE INC 0.05%LIBERTY MUTUAL 8/01/2044 0.05%PETROLEOS MEXICA 1/18/2024 0.05%FANNIE MAE 3/01/2028 0.05%BANC OF AMERICA COMMERCIAL 9/10/2045 0.05%ARES CAPITAL 4.875% 11/30/2018 0.05%ROYAL BK SCOTLND 12/19/2023 0.05%UBS COML MTG TR 3/10/2046 0.05%LOYOLA UNIV CHIC 7/01/2022 0.05%FORD CREDIT FLOORPLAN MASTE 2/15/2019 0.05%FANNIE MAE 12/01/2026 0.05%MEXICAN BONOS 6/14/2018 0.05%HYUNDAI AUTO RECEIVABLES TR 2/15/2017 0.05%COCA-COLA CO/THE 11/01/2023 0.05%TELEFONICA EMISIONES SAU 1/23/2023 0.05%MEAD JOHNSON NUT 6/01/2044 0.05%ESSEX PORTFOLIO 5/01/2024 0.05%MORGAN STANLEY 11/24/2025 0.05%SBA TELECOM INC 7/15/2020 0.05%FANNIE MAE 6/01/2041 0.05%FIFTH THIRD BANK 2/26/2016 0.05%GENERAL DYNAMICS 11/15/2022 0.04%GOLDMAN SACHS GP 7/08/2024 0.04%FREDDIE MAC 3/17/2021 0.04%CITIGROUP INC 2/22/2033 0.04%PLAINS EXPLORATI 2/15/2023 0.04%INTERPUBLIC GRP COS 4/15/2024 0.04%FREMF 2014-K714 B 1/25/2047 0.04%FREMF 2012-K705 4.3% 9/25/2044 0.04%FHLMC STRUCTURED PASS THROU 10/25/2018 0.04%FREDDIE MAC 3/01/2034 0.04%AVIATION CAPITAL 6.75% 4/06/2021 0.04%CVS PASS-THROUGH 1/10/2032 0.04%LB-UBS COMMERCIAL MORTGAGE 9/15/2039 0.04%LLOYDS BANK PLC 9/14/2020 0.04%TIME WARNER CABL 5/01/2037 0.04%US AIR 2013-1A 11/15/2025 0.04%SANTANDER DRIVE AUTO RECEIV 4/15/2020 0.04%HCA INC 3/15/2024 0.04%FIDELITY NATIONA 6/05/2024 0.04%FANNIE MAE 11/01/2033 0.04%NEW ZEALAND GVT 4/15/2023 0.04%SALLIE MAE BANK 8/15/2017 0.04%DISCOVER BANK 6/27/2017 0.04%GOLDMAN SACHS BK 6/27/2017 0.04%GE CAP RETAIL BK 6/22/2017 0.04%GS MORTGAGE SECURITIES TRUS 8/10/2044 0.04%AMER EXPR CENTUR 7/26/2017 0.04%GE CAPITAL BANK 6/22/2016 0.04%CAPITAL ONE NA 7/23/2021 0.04%BOLLORE 0.04%WACHOVIA BANK COMMERCIAL MO 3/15/2042 0.04%COMPASS BANK 11/06/2018 0.04%ALLY BANK UT 8/03/2015 0.04%Security% of PortfolioST BK INDIA NY 1/25/2016 0.04%BMW BANK OF NA 9/21/2015 0.04%CIT BANK 7/25/2019 0.04%ASIAN DEV BANK 3/06/2019 0.04%BARCLAYS BANK DE 3/26/2018 0.04%FANNIE MAE 2/01/2042 0.04%METLIFE INC 8/01/2039 0.04%NORWEGIAN GOVERNMENT 5/22/2019 0.04%GS MORTGAGE SECURITIES TRUS 7/10/2039 0.04%TIMBERSTAR TRUST 10/15/2036 0.04%HYDRO-QUEBEC 3/28/2025 0.04%GEN ELECTRIC CO 10/09/2022 0.04%INT BK RECON&DEV 2/26/2019 0.04%PPL CAPITAL FDG 6/15/2022 0.04%CF INDUSTRIES IN 3/15/2044 0.04%SCOTTRADE FINANC 7/11/2021 0.04%LAZARD GROUP LLC 11/14/2020 0.03%AMERICAN TOWER 3/15/2022 0.03%SINCLAIR TELE 8/01/2024 0.03%STRIP PRINC 2/15/2042 0.03%ARC PROP OPER LP 2/06/2019 0.03%FANNIE MAE 7/01/2019 0.03%JP MORGAN CHASE COMMERCIAL 2/15/2051 0.03%BEAR STEARNS COMMERCIAL MOR 10/12/2042 0.03%AMERICAN TOWER T 3/15/2018 0.03%NISOURCE FIN CP 2/15/2044 0.03%US AIR 2012-1A 10/01/2024 0.03%WELLS FARGO MORTGAGE BACKED 6/25/2035 0.03%FREDDIE MAC 7/01/2032 0.03%AMERICREDIT AUTOMOBILE RECE 11/08/2018 0.03%MSC 2014-CPT A 3.35% 7/13/2029 0.03%COMM MORTGAGE TRUST 6/10/2047 0.03%HEIDELCEMENT FIN 1/31/2017 0.03%ANHEUSER-BUSCH 1/15/2019 0.03%BANGKOK BANK PUBLIC CO-NVDR 0.03%VNO MORTGAGE TRUST 11/15/2030 0.03%BANC OF AMERICA COMMERCIAL 7/10/2043 0.03%WOLTERS KLUWER 0.03%HLSS SERVICER ADVANCE RECEI 1/17/2045 0.03%MONDELEZ INT INC 2/01/2024 0.03%FANNIE MAE 4/01/2032 0.03%SBA COMMUNICATIO 7/15/2022 0.03%CREDIT SUISSE MORTGAGE TRUS 1/15/2049 0.03%NZ LGFA 5/15/2021 0.03%SAAB AB-B 0.03%JPMBB COMMERCIAL MORTGAGE S 8/15/2047 0.03%FLORIDA ST HURRICANE CATAST 7/01/2016 0.03%PACIFICORP 6/15/2021 0.03%NATIONAL RETAIL 6/15/2024 0.03%EL PASO PIPELINE 10/01/2021 0.03%KOHL'S CORP 11/01/2021 0.03%MORGAN STANLEY 7/15/2019 0.03%CCO HOLDINGS LLC 1/15/2024 0.03%GOLDMAN SACHS GP 5/10/2099 0.03%AST Portfolio Holdings367 of 635

AST New Discovery Asset Allocation Portfolio (continued)Security% of PortfolioSBA TOWER TRUST 4/15/2043 0.02%NORDIC INVST BNK 1/30/2018 0.02%ASIAN DEV BANK 5/22/2019 0.02%DCP MIDSTREAM 9/30/2021 0.02%CARNIVAL CORP 10/15/2020 0.02%LEND PROC SRV 4/15/2023 0.02%DAVITA HEALTHC 5.125% 7/15/2024 0.02%ZIONS BANCORP 6/13/2023 0.02%TIME INC 0.02%SLM STUDENT LOAN TRUST 7/15/2022 0.02%FEDEX 2012 TRUST 1/15/2018 0.02%HOST HOTELS&RES 10/01/2021 0.02%INTL FIN CORP 2/26/2018 0.02%CVS CAREMARK 5/15/2041 0.02%CROWN CASTLE INT 1/15/2023 0.02%PPF FUNDING 4/15/2017 0.02%MARTIN MAR MTLS 6/30/2017 0.02%INTL LEASE FIN 4/15/2018 0.02%GCCFC COMMERCIAL MORTGAGE T 4/10/2037 0.02%FANNIE MAE 6/01/2043 0.02%WF-RBS COMMERCIAL MORTGAGE 2/15/2044 0.02%PETROLEOS MEXICA 11/24/2021 0.02%VIACOM INC 4/01/2044 0.02%FREMF MORTGAGE TRUST 11/25/2044 0.02%COMM MORTGAGE TRUST 10/10/2046 0.02%SIRIUS XM RADIO 7/15/2024 0.02%TELSTRA CORP LTD 11/15/2017 0.02%FORD CREDIT AUTO OWNER TRUS 11/15/2025 0.02%ENERGY TRAN PTNR 3/15/2019 0.02%HLSS SERVICER ADVANCE RECEI 1/15/2048 0.02%AMERICREDIT AUTOMOBILE RECE 3/09/2020 0.02%BANK OF AMER CRP 12/29/2049 0.02%EXTENDED STAY AMERICA TRUST 12/05/2031 0.02%GEN MOTORS FIN 5/15/2023 0.02%AES CORP 6/01/2020 0.02%MANITOBA (PROV) 9/15/2018 0.02%GEN MOTORS FIN 7/10/2019 0.02%SENIOR HOUSING 4/15/2020 0.02%NUSTAR LOGISTICS 2/01/2021 0.02%RESIDENTIAL ASSET MORTGAGE 8/25/2034 0.02%PRIDE INTL INC 6/15/2019 0.02%UAL CORP 6/01/2018 0.02%CONSOL ENERGY 4/01/2020 0.02%FREDDIE MAC 7/01/2042 0.02%KOHL'S CORP 12/15/2023 0.02%NCR CORP 12/15/2023 0.02%GENESIS ENERGY 12/15/2018 0.02%LINN ENERGY LLC 4/15/2020 0.02%CYRUSONE LP/CYRU 11/15/2022 0.02%METROPCS WIRELES 11/15/2020 0.02%CB RICHARD ELLIS 10/15/2020 0.02%WHITING PETRO 3/15/2019 0.02%SIRIUS XM RADIO 8/15/2022 0.02%ALTA MESA HLDGS 10/15/2018 0.02%Security% of PortfolioHYUNDAI AUTO RECEIVABLES TR 11/15/2019 0.02%BALL CORP 5/15/2021 0.02%SCIENTIFIC GAMES 9/15/2018 0.02%BNSF 00-1 TRUST 1/15/2021 0.02%BERRY PETROL CO 11/01/2020 0.02%GS MORTGAGE SECURITIES TRUS 4/10/2034 0.02%RR DONNELLEY 11/15/2023 0.02%BE AEROSPACE INC 10/01/2020 0.02%DUPONT FABROS TE 9/15/2021 0.02%WYNN LAS VEGAS 3/15/2022 0.02%WYNDHAM WORLDWID 3/01/2021 0.02%GOVERNMENT NATIONAL MORTGAG 6/20/2039 0.02%EQUINIX INC 4/01/2020 0.02%GULFMARK OFFSHOR 3/15/2022 0.02%FELCOR LODGING 3/01/2023 0.02%CC HOLDINGS GS V 4/15/2023 0.01%CELANESE US HLDS 11/15/2022 0.01%HJ HEINZ CO 10/15/2020 0.01%CORRECTIONS CORP 4/01/2020 0.01%SPRINT NEXTEL 11/15/2022 0.01%CENTEX HOME EQUITY 6/25/2035 0.01%GEORGE WASHINGTO 9/15/2017 0.01%INTL FIN CORP 6/06/2018 0.01%SLM STUDENT LOAN TRUST 8/15/2022 0.01%UBS-BARCLAYS COMMERCIAL MOR 3/10/2046 0.01%FREDDIE MAC 11/01/2042 0.01%COMM MORTGAGE TRUST 8/15/2045 0.01%HYUNDAI AUTO RECEIVABLES TR 2/15/2019 0.01%HORNBECK OFF 4/01/2020 0.01%GENERAL MOTORS 10/02/2023 0.01%UBS BARCLAYS 12/10/2045 0.01%CLEAN HARBORS IN 8/01/2020 0.01%AIRCASTLE LTD 12/01/2019 0.01%DANA HOLDING 2/15/2021 0.01%GENERAL MOTORS 10/02/2043 0.01%FANNIE MAE 1/01/2040 0.01%COMM MORTGAGE TRUST 3/10/2046 0.01%DISH DBS CORP 6/01/2021 0.01%US TREASURY N/B 8/15/2022 0.01%FANNIE MAE 5/01/2036 0.01%TRANS-CANADA PL 3/01/2034 0.01%FANNIE MAE 12/01/2040 0.01%GOVERNMENT NATIONAL MORTGAG 8/20/2034 0.01%FTI CONSULTING 10/01/2020 0.01%SPRINT NEXTEL 8/15/2020 0.01%UNITED RENTAL NA 11/15/2024 0.01%UNITED RENTAL NA 6/15/2023 0.01%FANNIE MAE 1/01/2021 0.01%WEST CORP 7/15/2022 0.01%UBS-BARCLAYS COMMERCIAL MOR 5/10/2063 0.01%LB-UBS COMMERCIAL MORTGAGE 2/15/2031 0.01%BALL CORP 11/15/2023 0.01%CBRE SERVICES 3/15/2023 0.01%FANNIE MAE 2/01/2041 0.01%AST Portfolio Holdings368 of 635

AST New Discovery Asset Allocation Portfolio (continued)Security% of PortfolioFHLMC STRUCTURED PASS THROU 7/25/2044 0.01%FANNIE MAE 1/01/2041 0.01%NETSUITE INC 0.01%ROYAL CARIBBEAN 11/15/2022 0.01%CCO HOLDINGS LLC 4/30/2021 0.01%ALLY FINANCIAL 9/10/2018 0.01%FANNIE MAE 7/01/2042 0.01%TOLL BR FIN CORP 12/31/2018 0.01%FANNIE MAE 1/25/2040 0.01%HCA INC 3/15/2019 0.01%FANNIE MAE 11/01/2040 0.01%PROV FUND ASSOC 6/15/2021 < 0.01%FANNIE MAE 7/01/2040 < 0.01%RYLAND GROUP 10/01/2022 < 0.01%FREDDIE MAC 8/15/2027 < 0.01%S FRWD NZD 8/29/2014 < 0.01%S FRWD NZD 8/29/2014 < 0.01%S FRWD NZD 8/29/2014 < 0.01%S FRWD AUD 9/10/2014 < 0.01%S FRWD EUR 9/11/2014 < 0.01%NEW ZEALAND DOLLA < 0.01%S FRWD EUR 9/11/2014 < 0.01%S FRWD EUR 9/11/2014 < 0.01%L SPOT EUR 8/04/2014 < 0.01%AUSTRALIAN DOLLAR < 0.01%EUROPEAN CURRENCY < 0.01%JAPANESE YEN < 0.01%HONG KONG DOLLAR < 0.01%UK POUND STERLING < 0.01%L FRWD NZD 8/29/2014 < 0.01%L FRWD AUD 9/10/2014 < 0.01%369 of 635AST Portfolio Holdings

AST PIMCO Limited Maturity Bond PortfolioSecurity% of PortfolioXMU4S AUST 10Y BOND FUT 9/21/2014 32.09%US TREASURY N/B 7/15/2017 22.78%US TREASURY N/B 6/30/2019 7.57%US TREASURY N/B 2/15/2024 5.46%BRAZIL-LTN 1/01/2018 4.04%GOVERNMENT NATIONAL MORTGAG 10/20/2062 3.70%REVERSE REPO .8% 8/01/2014 3.46%TYU4 US 10YR NOTE (CBT) 10/05/2014 3.01%REVERSE REPO .8% 8/01/2014 2.32%FANNIE MAE 4/01/2042 1.97%US TREASURY N/B 4/30/2021 1.95%GOVERNMENT NATIONAL MORTGAG 10/20/2062 1.94%TSY INFL IX N/B 1/15/2026 1.45%US TREASURY N/B 10/31/2020 1.29%WI TREASURY SEC. 7/15/2024 1.12%GOVERNMENT NATIONAL MORTGAG 7/20/2062 1.06%US TREASURY N/B 5/31/2021 0.98%US TREASURY FRN 4/30/2016 0.80%FANNIE MAE 10/27/2037 0.78%WELLS FARGO CO 7/20/2016 0.73%TSY INFL IX N/B 1/15/2027 0.71%LENNAR CORP 5/31/2015 0.65%WAMU MORTGAGE PASS-THROUGH 10/25/2045 0.59%FORD MOTOR CRED 1/16/2018 0.51%US TREASURY N/B 6/30/2021 0.49%REVERSE REPO .4% 8/01/2014 0.48%HCA INC 3/15/2019 0.48%BRAZIL NTN-F 1/01/2021 0.47%BANCO BRASL (CI) 1/20/2016 0.47%BANCO SANTANDER 1/19/2016 0.45%US TREASURY N/B 5/15/2024 0.44%REVERSE REPO .35% 8/07/2014 0.44%CHASE MORTGAGE FINANCE CORP 11/25/2035 0.41%JP MORGAN CHASE 5/31/2017 0.38%ALLY FINANCIAL INC PRIV 3/15/2017 0.36%KFW 5/19/2021 0.35%FRESENIUS MED 7/15/2017 0.35%GOVERNMENT NATIONAL MORTGAG 3/20/2062 0.34%EKSPORTFINANS 2/14/2018 0.33%BANCO SANTANDER 9/22/2015 0.32%SLOVENIA 11/01/2016 0.30%TRANSOCEAN INC 11/15/2015 0.30%TSY INFL IX N/B 1/15/2029 0.29%COMM 2010-C1 A1 144A 7/10/2046 0.28%FHLMC STRUCTURED PASS THROU 10/25/2044 0.27%NCUA GUARANTEED NOTES 11/06/2017 0.27%TSY INFL IX N/B 7/15/2022 0.26%HCA INC TL A EXT 2.807% / 5/02/2016 0.23%WAMU MORTGAGE PASS-THROUGH 7/25/2045 0.23%PRUDENTIAL CORE INVESTMENT 0.22%(L) CME IRS AUD 6MBB 4.0% 6/18/2019 0.21%U.S. TREASURY NOTE 8/31/2018 0.20%BEAR STEARNS ASSET BACKED S 10/25/2037 0.20%CITIGROUP INC 11/05/2014 0.19%Security% of PortfolioBEAR STEARNS ADJUSTABLE RAT 11/25/2034 0.19%JP MORGAN CHASE 10/01/2017 0.19%D.R. HORTON 4/15/2016 0.18%WELLS FARGO MORTGAGE BACKED 6/25/2034 0.18%BEAR STEARNS STRUCTURED PRO 1/26/2036 0.18%JP MORGAN CHASE 11/30/2021 0.17%ALLY FINANCIAL 2/15/2017 0.16%BEAR STEARNS STRUCTURED PRO 12/26/2046 0.15%FHLMC STRUCTURED PASS THROU 12/25/2036 0.15%AMER INTL GROUP 5/18/2017 0.15%GSR MORTGAGE LOAN TRUST 4/25/2036 0.14%(L) CME IRS AUD 3MBB 3.5% 3/16/2017 0.14%BANCO BRASL (CI) 1/22/2015 0.14%EKSPORTFINANS 9/15/2015 0.14%WAMU MORTGAGE PASS-THROUGH 9/25/2033 0.14%BEAR STEARNS ALT-A TRUST 1/25/2036 0.14%TSY INFL IX N/B 4/15/2029 0.13%BEAR STEARNS ALT-A TRUST 9/25/2035 0.12%BANC OF AMERICA ALTERNATIVE 3/25/2021 0.11%FHLMC STRUCTURED PASS THROU 7/25/2043 0.11%ORNG & RKLND UTL 8/15/2015 0.11%NOMURA ASSET ACCEPTANCE COR 3/25/2034 0.10%HELLENIC T-BILL 10/10/2014 0.09%GSR MORTGAGE LOAN TRUST 9/25/2035 0.09%COUNTRYWIDE HOME LOANS 6/25/2035 0.09%STRUCTURED ADJUSTABLE RATE 4/25/2034 0.09%BCAP 2011-RR4 7A1 144A 4/26/2037 0.09%FLORIDA GAS TRAN 7/15/2015 0.08%HARBORVIEW MORTGAGE LOAN TR 8/19/2034 0.08%WAMU MORTGAGE PASS-THROUGH 2/25/2046 0.08%JP MORGAN MORTGAGE TRUST 7/25/2035 0.08%FHLMC STRUCTURED PASS THROU 7/25/2044 0.08%MLCC MORTGAGE INVESTORS INC 10/25/2035 0.08%US TBILL 11/13/2014 0.08%GOLDMAN SACHS GP 1/18/2018 0.08%FNMA TBA 5.0% SEPT 30 YR 9/13/2037 0.08%WAMU MORTGAGE PASS-THROUGH 4/25/2045 0.07%FORD MOTOR CRED 4/15/2015 0.07%ASSET BACKED SECURITIES COR 9/25/2034 0.07%BANC OF AMERICA ALTERNATIVE 4/25/2022 0.07%CME CCP INITIAL MARGIN COLL 0.07%FHLMC STRUCTURED PASS THROU 10/25/2043 0.07%DORIC NIMROD AIR 11/30/2022 0.07%EKSPORTFINANS 6/16/2015 0.07%SOUTHWN ENERGY 3/15/2022 0.07%DNB BANK 4/03/2017 0.07%AMER INTL GROUP 8/15/2018 0.07%COUNTRYWIDE HOME LOANS 4/25/2035 0.07%COUNTRYWIDE HOME LOANS 4/25/2035 0.06%FIRST NLC TRUST 8/25/2037 0.06%EKSPORTFINANS 5/25/2016 0.06%MLCC MORTGAGE INVESTORS INC 10/25/2035 0.06%SECURITIZED ASSET BACKED RE 5/25/2037 0.06%LEHMAN BROT ESCROW(52517PD6 12/23/2099 0.06%AST Portfolio Holdings370 of 635

AST PIMCO Limited Maturity Bond Portfolio (continued)Security% of PortfolioMORGAN STANLEY 11/02/2015 0.06%CREDIT SUISSE FIRST BOSTON 6/25/2033 0.06%FORD MOTOR CRED 1/15/2015 0.06%COUNTRYWIDE HOME LOANS 1/25/2035 0.06%WELLS FARGO MORTGAGE BACKED 2/25/2035 0.05%EFSV 2010-1 A1 3MLIB+85 144 10/26/2026 0.05%CSN ISLANDS XI 9/21/2019 0.05%US T-BILL 0.05% 10/09/2014 0.05%GMAC LLC 12/01/2014 0.05%FIRST HORIZON ALTERNATIVE M 9/25/2034 0.05%GOVERNMENT NATIONAL MORTGAG 6/20/2028 0.05%GSR MORTGAGE LOAN TRUST 11/25/2035 0.05%AUSTRALIAN DOLLAR 0.05%WAMU MORTGAGE PASS-THROUGH 8/25/2046 0.05%COUNTRYWIDE HOME LOANS 2/25/2035 0.05%US TBILL 8/07/2014 0.04%FANNIE MAE 12/01/2041 0.04%WOOLWORTHS LTD 9/22/2015 0.04%UK POUND STERLING 0.04%CITIGROUP MORTGAGE LOAN TRU 9/25/2035 0.04%BANC OF AMERICA MORTGAGE SE 7/25/2035 0.04%HOMEBANC MORTGAGE TRUST 10/25/2035 0.04%STRUCTURED ASSET MORTGAGE I 7/19/2035 0.04%GMAC MORTGAGE CORPORATION L 6/25/2034 0.04%NEW JERSEY ST TRANSPRTN TRU 12/15/2039 0.04%CREDIT-BASED ASSET SERVICIN 7/25/2037 0.04%JP MORGAN MORTGAGE TRUST 7/25/2035 0.04%EKSPORTFINANS 6/26/2017 0.04%EKSPORTFINANS 5/25/2016 0.04%CARRINGTON MORTGAGE LOAN TR 6/25/2037 0.04%FANNIE MAE 12/01/2041 0.04%JAPANESE YEN 0.04%JP MORGAN MORTGAGE TRUST 11/25/2033 0.03%BANK OF AMER CRP 6/01/2019 0.03%S FRWD EUR 8/05/2014 0.03%CME IRS USD 3MLQ-3.250S 12/18/2043 0.03%LLOYDS TSB BANK PLC SNR SE 9/20/2017 0.03%GREENPOINT MORTGAGE PASS-TH 10/25/2033 0.03%CBPU4 USD IRS 30YR PRIM 9/22/2014 0.03%EKSPORTFINANS 11/17/2014 0.03%JPMORGAN CHASE 7/22/2020 0.03%WAMU MORTGAGE PASS-THROUGH 11/25/2045 0.03%WAMU MORTGAGE PASS-THROUGH 6/25/2033 0.03%GREENPOINT MORTGAGE FUNDING 6/25/2045 0.03%(S)CME IRS USD2.75 3ML 6/19/2043 0.02%BANC OF AMERICA FUNDING COR 5/25/2035 0.02%BRAZILIAN REAL 0.02%BEAR STEARNS ADJUSTABLE RAT 8/25/2035 0.02%RELIANCE HDG USA 10/19/2020 0.02%BEAR STEARNS ADJUSTABLE RAT 1/25/2034 0.02%BEAR STEARNS ADJUSTABLE RAT 2/25/2034 0.02%FANNIE MAE 3/25/2034 0.02%COUNTRYWIDE HOME LOANS 1/25/2034 0.02%GMAC MORTGAGE CORPORATION L 6/25/2034 0.02%Security% of PortfolioFANNIE MAE 5/25/2035 0.02%RENAISSANCE HOME EQUITY LOA 12/25/2033 0.02%JPMORGAN CHASE 4/23/2019 0.02%BANC OF AMERICA FUNDING COR 9/20/2034 0.02%STRUCTURED ADJUSTABLE RATE 1/25/2036 0.01%WAMU MORTGAGE PASS-THROUGH 3/25/2033 0.01%WAMU MORTGAGE PASS-THROUGH 3/25/2034 0.01%COUNTRYWIDE HOME LOANS 11/25/2034 0.01%S FRWD BRC 1/05/2015 0.01%BLUEMOUNTAIN CLO LTD 11/15/2017 0.01%WAMU MORTGAGE PASS-THROUGH 2/27/2034 0.01%FANNIE MAE 2/01/2041 0.01%LLOYDS TSB BANK PLC SNR SE 9/20/2017 0.01%CITIGROUP MORTGAGE LOAN TRU 9/25/2035 0.01%EUROPEAN CURRENCY 0.01%RENAISSANCE HOME EQUITY LOA 11/25/2034 0.01%S FRWD EUR 9/03/2014 0.01%WELLS FARGO MORTGAGE BACKED 12/25/2033 0.01%FANNIE MAE 8/01/2040 0.01%S FRWD BRC 8/04/2014 0.01%GMAC LLC 12/01/2014 0.01%US T-BILL 0.035% 10/02/2014 0.01%GOVERNMENT NATIONAL MORTGAG 11/20/2029 0.01%S FRWD BRC 1/05/2015 0.01%FINMECCANICA FIN 5% 3/20/2019 0.01%CREDIT SUISSE FIRST BOSTON 8/25/2032 0.01%BP CAPITAL MARKETS AMERICA 6/20/2015 0.01%COUNTRYWIDE ALTERNATIVE LOA 12/25/2033 0.01%JP MORGAN MORTGAGE TRUST 2/25/2035 0.01%GSR MORTGAGE LOAN TRUST 6/25/2034 0.01%S FRWD JPY 8/05/2014 0.01%GOVERNMENT NATIONAL MORTGAG 5/20/2024 0.01%L FRWD BRC 8/04/2014 0.01%BEAR STEARNS ADJUSTABLE RAT 4/25/2033 < 0.01%S FRWD AUD 8/05/2014 < 0.01%CHINA AS SP MYC 9/20/2016 < 0.01%S FRWD AUD 9/03/2014 < 0.01%S FRWD BRC 1/05/2015 < 0.01%S FRWD KOR 10/15/2014 < 0.01%JAPAN GOVT JP SP GST 3/20/2016 < 0.01%BP CAPITAL MARKETS AMERICA 6/20/2015 < 0.01%FANNIE MAE 6/01/2039 < 0.01%CASH COLLATERAL < 0.01%S FRWD BRC 9/03/2014 < 0.01%GOVERNMENT NATIONAL MORTGAG 1/20/2026 < 0.01%BRAZIL NTN-F 1/01/2023 < 0.01%FREDDIE MAC 1/01/2034 < 0.01%CME CCP INITIAL MARGIN COLL < 0.01%JAPAN GOV'T JP SP RYL 3/20/2016 < 0.01%BRAZIL EM SP CBK 1.0% 3/20/2016 < 0.01%CREDIT SUISSE FIRST BOSTON 4/25/2033 < 0.01%FREDDIE MAC 7/01/2029 < 0.01%WAMU MORTGAGE PASS-THROUGH 1/25/2045 < 0.01%FANNIE MAE 3/01/2017 < 0.01%AST Portfolio Holdings371 of 635

AST PIMCO Limited Maturity Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 12/01/2029 < 0.01%BP P.L.C. SNR SE SP GST 6/20/2015 < 0.01%COUNTRYWIDE HOME LOANS 8/25/2018 < 0.01%FANNIE MAE 11/25/2023 < 0.01%GOVERNMENT NATIONAL MORTGAG 6/20/2026 < 0.01%VM CASH FUT FOR DEU AUD < 0.01%S FRWD MXP 12/18/2014 < 0.01%CITICORP MORTGAGE SECURITIE 4/25/2035 < 0.01%LONG BEACH MORTGAGE LOAN TR 10/25/2034 < 0.01%S FRWD BRC 1/05/2015 < 0.01%S FRWD KOR 10/15/2014 < 0.01%S FRWD BRC 8/04/2014 < 0.01%FANNIE MAE 4/01/2024 < 0.01%S FRWD BRC 1/05/2015 < 0.01%S FRWD MXP 9/23/2014 < 0.01%FREDDIE MAC 12/01/2026 < 0.01%CITIGROUP INC SRN S* SP DUB 9/20/2014 < 0.01%CME CCP INITIAL MARGIN COLL < 0.01%US T-BILL 0.049402% 10/16/2014 < 0.01%FANNIE MAE 4/01/2032 < 0.01%GOVERNMENT NATIONAL MORTGAG 7/20/2024 < 0.01%GOVERNMENT NATIONAL MORTGAG 8/20/2017 < 0.01%GOVERNMENT NATIONAL MORTGAG 9/20/2017 < 0.01%L FRWD JPY 8/05/2014 < 0.01%GOVERNMENT NATIONAL MORTGAG 7/20/2017 < 0.01%FANNIE MAE 1/01/2025 < 0.01%S FRWD GBP 8/05/2014 < 0.01%S FRWD GBP 9/03/2014 < 0.01%S FRWD KOR 8/18/2014 < 0.01%CREDIT SUISSE FIRST BOSTON 7/25/2032 < 0.01%S FRWD BRC 10/02/2014 < 0.01%FANNIE MAE 8/25/2018 < 0.01%CANADIAN DOLLAR < 0.01%S FRWD KOR 10/15/2014 < 0.01%S FRWD KOR 10/15/2014 < 0.01%NORWEGIAN KRONE < 0.01%SOUTH AFRICAN RAN < 0.01%MEXICAN PESO < 0.01%S FRWD BRC 8/04/2014 < 0.01%IRS BRL ZCS R 11.68-CDI 1/04/2021 < 0.01%IRS BRL ZCS R 11.68-GLM 1/04/2021 < 0.01%S FRWD BRC 10/02/2014 < 0.01%(S)CME IRS USD1.50 3ML 12/17/2017 < 0.01%L FRWD GBP 8/05/2014 < 0.01%S FRWD JPY 9/03/2014 < 0.01%S FRWD BRC 10/02/2014 < 0.01%S FRWD BRC 10/02/2014 < 0.01%L FRWD BRC 10/02/2014 < 0.01%PULTE HOMES INC CO GT NEGB 3/20/2015 < 0.01%L FRWD BRC 10/02/2014 < 0.01%CREDIT AGRICOLE SA-LONDON S 12/20/2016 < 0.01%S FRWD CNY 4/07/2016 < 0.01%L FRWD MXP 12/18/2014 < 0.01%CASH COLLATERAL TBA MSC USD < 0.01%Security% of PortfolioCREDIT AGRICOLE SA-LONDON S 12/20/2016 < 0.01%L FRWD BRC 8/04/2014 < 0.01%S FRWD BRC 1/05/2015 < 0.01%L FRWD AUD 8/05/2014 < 0.01%L FRWD EUR 8/05/2014 -0.01%L FRWD CNY 4/07/2016 -0.01%(S) CME 3.500% IRS USD 30Y 12/17/2044 -0.01%L FRWD KOR 10/15/2014 -0.01%L FRWD BRC 1/05/2015 -0.01%BROKER CASH COLLATERAL -0.02%BROKER CASH COLLATERAL -0.02%LENNAR CORP NEGB SNR S* BP 6/20/2015 -0.03%SWAP COLLATERAL -0.03%CASH COLLATERAL SWAPS RBS U -0.04%(S)CME IRS USD3.5-3ML 12/18/2043 -0.04%(S)CME IRS USD3.75 3ML 6/18/2034 -0.22%FANNIE MAE 8/13/2042 -0.73%REVERSE REPO 8/07/2014 -0.88%REVERSE REPO RRTA2AT61 8/01/2014 -0.97%FANNIE MAE 9/13/2041 -4.36%REVERSE REPO RRTA2AUB8 8/01/2014 -11.55%AST Portfolio Holdings372 of 635

AST PIMCO Limited Maturity Bond PortfolioSecurity% of PortfolioXMU4S AUST 10Y BOND FUT 9/21/2014 32.09%US TREASURY N/B 7/15/2017 22.78%US TREASURY N/B 6/30/2019 7.57%US TREASURY N/B 2/15/2024 5.46%BRAZIL-LTN 1/01/2018 4.04%GOVERNMENT NATIONAL MORTGAG 10/20/2062 3.70%REVERSE REPO .8% 8/01/2014 3.46%TYU4 US 10YR NOTE (CBT) 10/05/2014 3.01%REVERSE REPO .8% 8/01/2014 2.32%FANNIE MAE 4/01/2042 1.97%US TREASURY N/B 4/30/2021 1.95%GOVERNMENT NATIONAL MORTGAG 10/20/2062 1.94%TSY INFL IX N/B 1/15/2026 1.45%US TREASURY N/B 10/31/2020 1.29%WI TREASURY SEC. 7/15/2024 1.12%GOVERNMENT NATIONAL MORTGAG 7/20/2062 1.06%US TREASURY N/B 5/31/2021 0.98%US TREASURY FRN 4/30/2016 0.80%FANNIE MAE 10/27/2037 0.78%WELLS FARGO CO 7/20/2016 0.73%TSY INFL IX N/B 1/15/2027 0.71%LENNAR CORP 5/31/2015 0.65%WAMU MORTGAGE PASS-THROUGH 10/25/2045 0.59%FORD MOTOR CRED 1/16/2018 0.51%US TREASURY N/B 6/30/2021 0.49%REVERSE REPO .4% 8/01/2014 0.48%HCA INC 3/15/2019 0.48%BRAZIL NTN-F 1/01/2021 0.47%BANCO BRASL (CI) 1/20/2016 0.47%BANCO SANTANDER 1/19/2016 0.45%US TREASURY N/B 5/15/2024 0.44%REVERSE REPO .35% 8/07/2014 0.44%CHASE MORTGAGE FINANCE CORP 11/25/2035 0.41%JP MORGAN CHASE 5/31/2017 0.38%ALLY FINANCIAL INC PRIV 3/15/2017 0.36%KFW 5/19/2021 0.35%FRESENIUS MED 7/15/2017 0.35%GOVERNMENT NATIONAL MORTGAG 3/20/2062 0.34%EKSPORTFINANS 2/14/2018 0.33%BANCO SANTANDER 9/22/2015 0.32%SLOVENIA 11/01/2016 0.30%TRANSOCEAN INC 11/15/2015 0.30%TSY INFL IX N/B 1/15/2029 0.29%COMM 2010-C1 A1 144A 7/10/2046 0.28%FHLMC STRUCTURED PASS THROU 10/25/2044 0.27%NCUA GUARANTEED NOTES 11/06/2017 0.27%TSY INFL IX N/B 7/15/2022 0.26%HCA INC TL A EXT 2.807% / 5/02/2016 0.23%WAMU MORTGAGE PASS-THROUGH 7/25/2045 0.23%PRUDENTIAL CORE INVESTMENT 0.22%(L) CME IRS AUD 6MBB 4.0% 6/18/2019 0.21%U.S. TREASURY NOTE 8/31/2018 0.20%BEAR STEARNS ASSET BACKED S 10/25/2037 0.20%CITIGROUP INC 11/05/2014 0.19%Security% of PortfolioBEAR STEARNS ADJUSTABLE RAT 11/25/2034 0.19%JP MORGAN CHASE 10/01/2017 0.19%D.R. HORTON 4/15/2016 0.18%WELLS FARGO MORTGAGE BACKED 6/25/2034 0.18%BEAR STEARNS STRUCTURED PRO 1/26/2036 0.18%JP MORGAN CHASE 11/30/2021 0.17%ALLY FINANCIAL 2/15/2017 0.16%BEAR STEARNS STRUCTURED PRO 12/26/2046 0.15%FHLMC STRUCTURED PASS THROU 12/25/2036 0.15%AMER INTL GROUP 5/18/2017 0.15%GSR MORTGAGE LOAN TRUST 4/25/2036 0.14%(L) CME IRS AUD 3MBB 3.5% 3/16/2017 0.14%BANCO BRASL (CI) 1/22/2015 0.14%EKSPORTFINANS 9/15/2015 0.14%WAMU MORTGAGE PASS-THROUGH 9/25/2033 0.14%BEAR STEARNS ALT-A TRUST 1/25/2036 0.14%TSY INFL IX N/B 4/15/2029 0.13%BEAR STEARNS ALT-A TRUST 9/25/2035 0.12%BANC OF AMERICA ALTERNATIVE 3/25/2021 0.11%FHLMC STRUCTURED PASS THROU 7/25/2043 0.11%ORNG & RKLND UTL 8/15/2015 0.11%NOMURA ASSET ACCEPTANCE COR 3/25/2034 0.10%HELLENIC T-BILL 10/10/2014 0.09%GSR MORTGAGE LOAN TRUST 9/25/2035 0.09%COUNTRYWIDE HOME LOANS 6/25/2035 0.09%STRUCTURED ADJUSTABLE RATE 4/25/2034 0.09%BCAP 2011-RR4 7A1 144A 4/26/2037 0.09%FLORIDA GAS TRAN 7/15/2015 0.08%HARBORVIEW MORTGAGE LOAN TR 8/19/2034 0.08%WAMU MORTGAGE PASS-THROUGH 2/25/2046 0.08%JP MORGAN MORTGAGE TRUST 7/25/2035 0.08%FHLMC STRUCTURED PASS THROU 7/25/2044 0.08%MLCC MORTGAGE INVESTORS INC 10/25/2035 0.08%US TBILL 11/13/2014 0.08%GOLDMAN SACHS GP 1/18/2018 0.08%FNMA TBA 5.0% SEPT 30 YR 9/13/2037 0.08%WAMU MORTGAGE PASS-THROUGH 4/25/2045 0.07%FORD MOTOR CRED 4/15/2015 0.07%ASSET BACKED SECURITIES COR 9/25/2034 0.07%BANC OF AMERICA ALTERNATIVE 4/25/2022 0.07%CME CCP INITIAL MARGIN COLL 0.07%FHLMC STRUCTURED PASS THROU 10/25/2043 0.07%DORIC NIMROD AIR 11/30/2022 0.07%EKSPORTFINANS 6/16/2015 0.07%SOUTHWN ENERGY 3/15/2022 0.07%DNB BANK 4/03/2017 0.07%AMER INTL GROUP 8/15/2018 0.07%COUNTRYWIDE HOME LOANS 4/25/2035 0.07%COUNTRYWIDE HOME LOANS 4/25/2035 0.06%FIRST NLC TRUST 8/25/2037 0.06%EKSPORTFINANS 5/25/2016 0.06%MLCC MORTGAGE INVESTORS INC 10/25/2035 0.06%SECURITIZED ASSET BACKED RE 5/25/2037 0.06%LEHMAN BROT ESCROW(52517PD6 12/23/2099 0.06%AST Portfolio Holdings373 of 635

AST PIMCO Limited Maturity Bond Portfolio (continued)Security% of PortfolioMORGAN STANLEY 11/02/2015 0.06%CREDIT SUISSE FIRST BOSTON 6/25/2033 0.06%FORD MOTOR CRED 1/15/2015 0.06%COUNTRYWIDE HOME LOANS 1/25/2035 0.06%WELLS FARGO MORTGAGE BACKED 2/25/2035 0.05%EFSV 2010-1 A1 3MLIB+85 144 10/26/2026 0.05%CSN ISLANDS XI 9/21/2019 0.05%US T-BILL 0.05% 10/09/2014 0.05%GMAC LLC 12/01/2014 0.05%FIRST HORIZON ALTERNATIVE M 9/25/2034 0.05%GOVERNMENT NATIONAL MORTGAG 6/20/2028 0.05%GSR MORTGAGE LOAN TRUST 11/25/2035 0.05%AUSTRALIAN DOLLAR 0.05%WAMU MORTGAGE PASS-THROUGH 8/25/2046 0.05%COUNTRYWIDE HOME LOANS 2/25/2035 0.05%US TBILL 8/07/2014 0.04%FANNIE MAE 12/01/2041 0.04%WOOLWORTHS LTD 9/22/2015 0.04%UK POUND STERLING 0.04%CITIGROUP MORTGAGE LOAN TRU 9/25/2035 0.04%BANC OF AMERICA MORTGAGE SE 7/25/2035 0.04%HOMEBANC MORTGAGE TRUST 10/25/2035 0.04%STRUCTURED ASSET MORTGAGE I 7/19/2035 0.04%GMAC MORTGAGE CORPORATION L 6/25/2034 0.04%NEW JERSEY ST TRANSPRTN TRU 12/15/2039 0.04%CREDIT-BASED ASSET SERVICIN 7/25/2037 0.04%JP MORGAN MORTGAGE TRUST 7/25/2035 0.04%EKSPORTFINANS 6/26/2017 0.04%EKSPORTFINANS 5/25/2016 0.04%CARRINGTON MORTGAGE LOAN TR 6/25/2037 0.04%FANNIE MAE 12/01/2041 0.04%JAPANESE YEN 0.04%JP MORGAN MORTGAGE TRUST 11/25/2033 0.03%BANK OF AMER CRP 6/01/2019 0.03%S FRWD EUR 8/05/2014 0.03%CME IRS USD 3MLQ-3.250S 12/18/2043 0.03%LLOYDS TSB BANK PLC SNR SE 9/20/2017 0.03%GREENPOINT MORTGAGE PASS-TH 10/25/2033 0.03%CBPU4 USD IRS 30YR PRIM 9/22/2014 0.03%EKSPORTFINANS 11/17/2014 0.03%JPMORGAN CHASE 7/22/2020 0.03%WAMU MORTGAGE PASS-THROUGH 11/25/2045 0.03%WAMU MORTGAGE PASS-THROUGH 6/25/2033 0.03%GREENPOINT MORTGAGE FUNDING 6/25/2045 0.03%(S)CME IRS USD2.75 3ML 6/19/2043 0.02%BANC OF AMERICA FUNDING COR 5/25/2035 0.02%BRAZILIAN REAL 0.02%BEAR STEARNS ADJUSTABLE RAT 8/25/2035 0.02%RELIANCE HDG USA 10/19/2020 0.02%BEAR STEARNS ADJUSTABLE RAT 1/25/2034 0.02%BEAR STEARNS ADJUSTABLE RAT 2/25/2034 0.02%FANNIE MAE 3/25/2034 0.02%COUNTRYWIDE HOME LOANS 1/25/2034 0.02%GMAC MORTGAGE CORPORATION L 6/25/2034 0.02%Security% of PortfolioFANNIE MAE 5/25/2035 0.02%RENAISSANCE HOME EQUITY LOA 12/25/2033 0.02%JPMORGAN CHASE 4/23/2019 0.02%BANC OF AMERICA FUNDING COR 9/20/2034 0.02%STRUCTURED ADJUSTABLE RATE 1/25/2036 0.01%WAMU MORTGAGE PASS-THROUGH 3/25/2033 0.01%WAMU MORTGAGE PASS-THROUGH 3/25/2034 0.01%COUNTRYWIDE HOME LOANS 11/25/2034 0.01%S FRWD BRC 1/05/2015 0.01%BLUEMOUNTAIN CLO LTD 11/15/2017 0.01%WAMU MORTGAGE PASS-THROUGH 2/27/2034 0.01%FANNIE MAE 2/01/2041 0.01%LLOYDS TSB BANK PLC SNR SE 9/20/2017 0.01%CITIGROUP MORTGAGE LOAN TRU 9/25/2035 0.01%EUROPEAN CURRENCY 0.01%RENAISSANCE HOME EQUITY LOA 11/25/2034 0.01%S FRWD EUR 9/03/2014 0.01%WELLS FARGO MORTGAGE BACKED 12/25/2033 0.01%FANNIE MAE 8/01/2040 0.01%S FRWD BRC 8/04/2014 0.01%GMAC LLC 12/01/2014 0.01%US T-BILL 0.035% 10/02/2014 0.01%GOVERNMENT NATIONAL MORTGAG 11/20/2029 0.01%S FRWD BRC 1/05/2015 0.01%FINMECCANICA FIN 5% 3/20/2019 0.01%CREDIT SUISSE FIRST BOSTON 8/25/2032 0.01%BP CAPITAL MARKETS AMERICA 6/20/2015 0.01%COUNTRYWIDE ALTERNATIVE LOA 12/25/2033 0.01%JP MORGAN MORTGAGE TRUST 2/25/2035 0.01%GSR MORTGAGE LOAN TRUST 6/25/2034 0.01%S FRWD JPY 8/05/2014 0.01%GOVERNMENT NATIONAL MORTGAG 5/20/2024 0.01%L FRWD BRC 8/04/2014 0.01%BEAR STEARNS ADJUSTABLE RAT 4/25/2033 < 0.01%S FRWD AUD 8/05/2014 < 0.01%CHINA AS SP MYC 9/20/2016 < 0.01%S FRWD AUD 9/03/2014 < 0.01%S FRWD BRC 1/05/2015 < 0.01%S FRWD KOR 10/15/2014 < 0.01%JAPAN GOVT JP SP GST 3/20/2016 < 0.01%BP CAPITAL MARKETS AMERICA 6/20/2015 < 0.01%FANNIE MAE 6/01/2039 < 0.01%CASH COLLATERAL < 0.01%S FRWD BRC 9/03/2014 < 0.01%GOVERNMENT NATIONAL MORTGAG 1/20/2026 < 0.01%BRAZIL NTN-F 1/01/2023 < 0.01%FREDDIE MAC 1/01/2034 < 0.01%CME CCP INITIAL MARGIN COLL < 0.01%JAPAN GOV'T JP SP RYL 3/20/2016 < 0.01%BRAZIL EM SP CBK 1.0% 3/20/2016 < 0.01%CREDIT SUISSE FIRST BOSTON 4/25/2033 < 0.01%FREDDIE MAC 7/01/2029 < 0.01%WAMU MORTGAGE PASS-THROUGH 1/25/2045 < 0.01%FANNIE MAE 3/01/2017 < 0.01%AST Portfolio Holdings374 of 635

AST PIMCO Limited Maturity Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 12/01/2029 < 0.01%BP P.L.C. SNR SE SP GST 6/20/2015 < 0.01%COUNTRYWIDE HOME LOANS 8/25/2018 < 0.01%FANNIE MAE 11/25/2023 < 0.01%GOVERNMENT NATIONAL MORTGAG 6/20/2026 < 0.01%VM CASH FUT FOR DEU AUD < 0.01%S FRWD MXP 12/18/2014 < 0.01%CITICORP MORTGAGE SECURITIE 4/25/2035 < 0.01%LONG BEACH MORTGAGE LOAN TR 10/25/2034 < 0.01%S FRWD BRC 1/05/2015 < 0.01%S FRWD KOR 10/15/2014 < 0.01%S FRWD BRC 8/04/2014 < 0.01%FANNIE MAE 4/01/2024 < 0.01%S FRWD BRC 1/05/2015 < 0.01%S FRWD MXP 9/23/2014 < 0.01%FREDDIE MAC 12/01/2026 < 0.01%CITIGROUP INC SRN S* SP DUB 9/20/2014 < 0.01%CME CCP INITIAL MARGIN COLL < 0.01%US T-BILL 0.049402% 10/16/2014 < 0.01%FANNIE MAE 4/01/2032 < 0.01%GOVERNMENT NATIONAL MORTGAG 7/20/2024 < 0.01%GOVERNMENT NATIONAL MORTGAG 8/20/2017 < 0.01%GOVERNMENT NATIONAL MORTGAG 9/20/2017 < 0.01%L FRWD JPY 8/05/2014 < 0.01%GOVERNMENT NATIONAL MORTGAG 7/20/2017 < 0.01%FANNIE MAE 1/01/2025 < 0.01%S FRWD GBP 8/05/2014 < 0.01%S FRWD GBP 9/03/2014 < 0.01%S FRWD KOR 8/18/2014 < 0.01%CREDIT SUISSE FIRST BOSTON 7/25/2032 < 0.01%S FRWD BRC 10/02/2014 < 0.01%FANNIE MAE 8/25/2018 < 0.01%CANADIAN DOLLAR < 0.01%S FRWD KOR 10/15/2014 < 0.01%S FRWD KOR 10/15/2014 < 0.01%NORWEGIAN KRONE < 0.01%SOUTH AFRICAN RAN < 0.01%MEXICAN PESO < 0.01%S FRWD BRC 8/04/2014 < 0.01%IRS BRL ZCS R 11.68-CDI 1/04/2021 < 0.01%IRS BRL ZCS R 11.68-GLM 1/04/2021 < 0.01%S FRWD BRC 10/02/2014 < 0.01%(S)CME IRS USD1.50 3ML 12/17/2017 < 0.01%L FRWD GBP 8/05/2014 < 0.01%S FRWD JPY 9/03/2014 < 0.01%S FRWD BRC 10/02/2014 < 0.01%S FRWD BRC 10/02/2014 < 0.01%L FRWD BRC 10/02/2014 < 0.01%PULTE HOMES INC CO GT NEGB 3/20/2015 < 0.01%L FRWD BRC 10/02/2014 < 0.01%CREDIT AGRICOLE SA-LONDON S 12/20/2016 < 0.01%S FRWD CNY 4/07/2016 < 0.01%L FRWD MXP 12/18/2014 < 0.01%CASH COLLATERAL TBA MSC USD < 0.01%Security% of PortfolioCREDIT AGRICOLE SA-LONDON S 12/20/2016 < 0.01%L FRWD BRC 8/04/2014 < 0.01%S FRWD BRC 1/05/2015 < 0.01%L FRWD AUD 8/05/2014 < 0.01%L FRWD EUR 8/05/2014 -0.01%L FRWD CNY 4/07/2016 -0.01%(S) CME 3.500% IRS USD 30Y 12/17/2044 -0.01%L FRWD KOR 10/15/2014 -0.01%L FRWD BRC 1/05/2015 -0.01%BROKER CASH COLLATERAL -0.02%BROKER CASH COLLATERAL -0.02%LENNAR CORP NEGB SNR S* BP 6/20/2015 -0.03%SWAP COLLATERAL -0.03%CASH COLLATERAL SWAPS RBS U -0.04%(S)CME IRS USD3.5-3ML 12/18/2043 -0.04%(S)CME IRS USD3.75 3ML 6/18/2034 -0.22%FANNIE MAE 8/13/2042 -0.73%REVERSE REPO 8/07/2014 -0.88%REVERSE REPO RRTA2AT61 8/01/2014 -0.97%FANNIE MAE 9/13/2041 -4.36%REVERSE REPO RRTA2AUB8 8/01/2014 -11.55%AST Portfolio Holdings375 of 635

AST PIMCO Total Return Bond PortfolioSecurity% of PortfolioEDZ5 90DAY EURO$ FUTR 12/19/2015 18.04%TYU4 US 10YR NOTE (CBT) 10/05/2014 10.86%EDU5 90DAY EURO$ FUTR 9/19/2015 9.86%EDH6 90DAY EURO$ FUTR 3/19/2016 7.43%EDU6 90DAY EURO$ FUTR 9/24/2016 5.24%EDH7 90DAY EURO$ FUTR 3/18/2017 3.97%EDM6 90DAY EURO$ FUTR 6/18/2016 3.73%EDZ6 90DAY EURO$ FUTR 12/24/2016 1.61%TSY INFL IX N/B 1/15/2025 1.39%EDM7 90DAY EURO$ FUT 6/24/2017 0.93%TSY INFL IX N/B 1/15/2029 0.88%BTPS 8/01/2016 0.74%BARCLAYS BK NY 5/01/2015 0.73%SPANISH GOV'T 10/31/2015 0.67%SPANISH GOV'T 7/30/2016 0.56%FANNIE MAE 8/01/2041 0.56%MEXICAN CETES 1/08/2015 0.48%BTPS 4/15/2016 0.47%TSY INFL IX N/B 7/15/2021 0.45%BTPS 7/15/2015 0.44%TSY INFL IX N/B 1/15/2028 0.43%FANNIE MAE 8/01/2041 0.41%US T NOTE .13% 8/01/2014 0.40%BRAZIL-LTN 1/01/2015 0.39%GMAC CAP TR I 0.39%BELLSOUTH CORP 4/26/2015 0.37%CITIGROUP INC 5/01/2017 0.36%BTPS 5/15/2016 0.31%UNIV OF CALIFORNIA CA RGTS 5/15/2049 0.31%FANNIE MAE 5/25/2042 0.31%FREDDIE MAC 1/13/2022 0.31%JPMORGAN CHASE 2/15/2017 0.30%FREDDIE MAC 8/01/2041 0.30%INTESA SANPAOLO 2/24/2021 0.29%TSY INFL IX N/B 1/15/2022 0.29%BTPS 8/01/2015 0.29%FED HM LN BK DISC NT 10/22/2014 0.29%VODAFONE DISC NT 0% 4/01/2015 0.29%BTPS 11/01/2015 0.28%ING BANK NV 1/04/2016 0.28%SPANISH GOV'T 7/30/2015 0.28%SPRINGLEAF FIN 12/15/2017 0.27%FANNIE MAE 8/16/2027 0.27%MACQUARIE BK LTD 5/01/2015 0.26%US T NOTE .07% 8/04/2014 0.24%NORTHERN ROCK CO 6/22/2017 0.24%ECHOSTAR DBS 10/01/2014 0.23%FANNIE MAE 6/01/2038 0.23%MEXICAN BONOS 12/18/2014 0.22%SLM CORP 11/14/2014 0.22%CTZS 4/29/2016 0.21%GCCFC COMMERCIAL MORTGAGE T 4/10/2037 0.21%NATL AUSTRALIABK 6/30/2017 0.21%DALLAS TX CONVENTION CENTER 1/01/2042 0.20%Security% of PortfolioMORGAN STANLEY 4/25/2018 0.20%FREDDIE MAC 7/15/2041 0.20%HCA INC 1/15/2015 0.20%CITIBANK OMNI MASTER TRUST 8/15/2018 0.20%SPANISH GOV'T 1/31/2016 0.19%CALIFORNIA ST 4/01/2034 0.19%JPMORGAN CHASE 3/01/2016 0.19%WELLS FARGO MORTGAGE BACKED 1/25/2034 0.19%SUMITOMO MITSUI 7/11/2017 0.19%CTZS 6/30/2015 0.19%FREDDIE MAC 4/15/2041 0.18%FVU4 US 5YR NOTE(CBT) 10/08/2014 0.18%QUEBEC PROVINCE 12/01/2020 0.18%CALIFORNIA ST 4/01/2039 0.17%TSY INFL IX N/B 7/15/2020 0.17%VERIZON COMM INC 6/09/2017 0.17%LLOYDS BANK PLC 12/16/2049 0.17%BRAZIL-LTN 10/01/2015 0.17%BNP PARIBAS 11/07/2015 0.17%TSY INFL IX N/B 1/15/2027 0.16%FREDDIE MAC 9/29/2017 0.16%AMERICAN MUNI PWR-OHIO INC 2/15/2050 0.16%MET GOVT NASHVILLE & DAVIDS 7/01/2041 0.16%HILLMARK FUNDING 5/21/2021 0.16%FANNIE MAE 9/01/2039 0.15%FREDDIE MAC 10/02/2019 0.15%FANNIE MAE 10/01/2040 0.15%SBERBANK 7/07/2015 0.15%USU4 US LONG BOND (CBT) 10/05/2014 0.15%RESIDENTIAL ACCREDIT LOANS, 6/25/2037 0.14%US T NOTE .13% 8/01/2014 0.14%TBA 4.50% 9/14/2040 0.14%FORD MOTOR CRED 9/15/2015 0.14%LOS ANGELES CNTY CA PUBLIC 8/01/2040 0.14%JPMORGAN CHASE 2/26/2016 0.14%FANNIE MAE 9/18/2027 0.14%PRINCIPAL LFE II 5/19/2017 0.14%FANNIE MAE 8/12/2040 0.14%ONTARIO PROVINCE 6/02/2021 0.13%SOUTHERN GAS NET 10/21/2015 0.13%CHICAGO IL TRANSIT AUTH SAL 12/01/2040 0.13%BRIT COLUMBIA 4/25/2017 0.13%VODAFONE DISC NT 0% 4/01/2015 0.13%FREDDIE MAC 3/08/2017 0.13%ORANGE CNTY CA LOCAL TRANSP 2/15/2041 0.13%FORD MOTOR CRED 11/08/2016 0.12%BANK OF AMER CRP 4/01/2015 0.12%BANK OF AMER CRP 3/17/2016 0.12%COM BK AUSTRALIA 9/18/2015 0.12%LOS ANGELES CA UNIF SCH DIS 7/01/2034 0.11%FANNIE MAE 10/01/2040 0.11%GAZPROM 11/29/2015 0.11%TORONTO DOM BANK 9/09/2016 0.11%VERIZON COMM INC 9/15/2016 0.11%AST Portfolio Holdings376 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioQUEBEC PROVINCE 12/01/2021 0.10%(S) CME 2.750% IRS USD 30Y 6/19/2043 0.10%FREDDIE MAC 7/28/2017 0.10%EKSPORTFINANS 5/25/2016 0.10%FREDDIE MAC 8/01/2019 0.10%FORD MOTOR CRED 4/15/2015 0.10%SPANISH GOV'T 4/30/2017 0.10%BTPS 5/15/2017 0.10%FANNIE MAE 4/27/2017 0.10%FANNIE MAE 8/01/2041 0.10%RABOBANK NED NY 6/12/2015 0.10%KOREA ELEC PWR 10/05/2015 0.09%S FRWD EUR 8/05/2014 0.09%FANNIE MAE 6/01/2029 0.09%ALLY FINANCIAL 9/15/2020 0.09%ENTERGY CORP 9/15/2015 0.09%CALIFORNIA ST STWD CMNTYS D 5/15/2040 0.09%FANNIE MAE 5/11/2017 0.09%SMALL BUSINESS ADMINISTRATI 5/01/2029 0.09%LB-UBS COMMERCIAL MORTGAGE 9/15/2045 0.09%CITIGROUP INC 10/15/2014 0.08%FREMONT HOME LOAN TRUST 2/25/2037 0.08%BANCO BILBAO NY 5/16/2016 0.08%MERILL LYNCH 4/25/2018 0.08%TSY INFL IX N/B 1/15/2026 0.08%UNIV OF CALIFORNIA CA RGTS 5/15/2031 0.08%FANNIE MAE 2/08/2018 0.08%RIVERSIDE CA ELEC REVENUE 10/01/2040 0.07%FREDDIE MAC 3/15/2034 0.07%CTZS 12/31/2015 0.07%CHICAGO IL TRANSIT AUTH SAL 12/01/2040 0.07%BANK OF AMER CRP 9/01/2015 0.07%BEAR STEARNS ADJUSTABLE RAT 8/25/2035 0.07%MLCC MORTGAGE INVESTORS INC 10/25/2035 0.07%RABOBANK NED NY 4/28/2017 0.07%SLM CORP 1/25/2017 0.07%JPMORGAN CHASE 4/25/2018 0.07%FREDDIE MAC 3/27/2019 0.07%FANNIE MAE 9/14/2040 0.07%CIFC FUNDING LTD 5/10/2021 0.07%TSY INFL IX N/B 1/15/2021 0.07%ONTARIO PROVINCE 6/02/2020 0.06%SMALL BUSINESS ADMINISTRATI 11/01/2027 0.06%US T BOND .13% 8/01/2014 0.06%US TIPS .13% 8/01/2014 0.06%CALIFORNIA ST 11/01/2040 0.06%VERIZON COMM INC 9/14/2018 0.06%BARCLAYS PLC 9/15/2019 0.06%GERDAU HLDGS INC 1/20/2020 0.06%BANCO SANTAN BS 1/14/2016 0.06%BRAZIL-LTN 4/01/2015 0.06%MET GOVT NASHVILLE & DAVIDS 7/01/2037 0.06%FANNIE MAE 5/01/2041 0.06%BAY AREA CA TOLL AUTH TOLL 4/01/2050 0.05%Security% of PortfolioFREDDIE MAC 7/15/2041 0.05%FANNIE MAE 6/01/2026 0.05%RABOBANK 3/19/2020 0.05%ITAU UNIBANCO 1.38% 10/31/2014 0.05%MASSACHUSETTS ST PORT AUTH 7/01/2037 0.05%MORGAN STANLEY 10/15/2015 0.05%FREDDIE MAC 11/01/2037 0.05%BBVA BANCOMER SA 3/10/2021 0.05%FANNIE MAE 6/01/2029 0.05%FANNIE MAE 1/01/2037 0.05%FORD MOTOR CRED 5/15/2015 0.05%CITIGROUP INC 1/15/2016 0.05%FANNIE MAE 8/28/2017 0.05%JP MORGAN CHASE 5/31/2017 0.05%FANNIE MAE 9/01/2041 0.05%FANNIE MAE 4/01/2026 0.05%SPANISH GOV'T 10/31/2016 0.05%PRINCIPAL LIFE 4/27/2015 0.05%FANNIE MAE 1/30/2017 0.05%US T NOTE .13% 8/01/2014 0.05%FANNIE MAE 7/01/2041 0.05%FANNIE MAE 6/01/2029 0.05%DEUTSCHE ALT-A SECURITIES I 8/25/2047 0.05%ARRAN RESIDENTIAL MORTGAGES 5/16/2047 0.05%CREDIT AGRICOLE 12/13/2049 0.04%NEW JERSEY ST TURNPIKE AUTH 1/01/2041 0.04%FREDDIE MAC 5/12/2017 0.04%COUNTRYWIDE ALTERNATIVE LOA 10/25/2033 0.04%IOWA ST SPL OBLG 6/01/2034 0.04%SLM CORP 1/25/2016 0.04%CITIGROUP INC 1/15/2015 0.04%FREDDIE MAC 2/01/2038 0.04%CLARK CNTY NV ARPT REVENUE 7/01/2045 0.04%FANNIE MAE 9/01/2040 0.04%FANNIE MAE 8/01/2029 0.04%ST BK INDIA/LON 7/27/2015 0.04%STRUCTURED ASSET INVESTMENT 8/25/2035 0.04%THORNBURG MORTGAGE SECURITI 10/25/2046 0.04%CREDIT AGRICOLE 4/15/2016 0.04%GEN ELEC CAP CRP 11/15/2067 0.04%RFCSP STRIP PRIN 10/15/2019 0.04%BANCO SANTANDER 11/09/2022 0.04%FANNIE MAE 6/01/2024 0.04%ALLY FINANCIAL 2.75% 1/30/2017 0.04%BANK OF AMER CRP 10/09/2015 0.04%ONTARIO PROVINCE 6/02/2022 0.04%FORD MOTOR CREDIT CO 4(2) D 10/06/2014 0.04%FANNIE MAE 9/01/2027 0.04%BANK OF AMER CRP 8/01/2016 0.04%FANNIE MAE 9/01/2041 0.04%FREDDIE MAC 4/01/2041 0.04%ENERGY FUTURE INTERMEDIAT T 4/28/2016 0.04%FORD MOTOR CRED 8/15/2017 0.04%LEHMAN XS TRUST 2/25/2037 0.04%AST Portfolio Holdings377 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioAMER INTL GROUP 3/15/2037 0.04%FANNIE MAE 5/01/2022 0.04%UBS PFD FDG V 5/29/2049 0.03%BTPS 6/15/2015 0.03%US BANK NA OHIO 4/22/2016 0.03%FANNIE MAE 3/01/2035 0.03%INTL LEASE FIN 9/01/2016 0.03%MAJAPAHIT HOLD 1/20/2020 0.03%FANNIE MAE 5/01/2039 0.03%NORTH CAROLINA ST TURNPIKE 1/01/2039 0.03%BEAR STEARNS CO 10/30/2015 0.03%FANNIE MAE 7/01/2036 0.03%FANNIE MAE 10/01/2040 0.03%CALIFORNIA ST UNIV REVENUE 11/01/2041 0.03%BANK OF AMERICA 5/08/2017 0.03%MASTR ASSET BACKED SECURITI 6/25/2035 0.03%PARK PLACE SECURITIES INC 9/25/2034 0.03%PETROBRAS INTL 3/15/2019 0.03%FANNIE MAE 10/01/2041 0.03%MORGAN STANLEY CAPITAL INC 7/25/2037 0.03%PETROBRAS INTL 1/27/2021 0.03%CITIGROUP INC 5/07/2015 0.03%FANNIE MAE 4/01/2024 0.03%AMER GENL FIN 9/15/2017 0.03%ILLINOIS ST MUNI ELEC AGY P 2/01/2035 0.03%FANNIE MAE 8/01/2025 0.03%FANNIE MAE 6/01/2028 0.03%BTPS 12/01/2015 0.03%(L) CME 3.000% IRS USD 1Y 9/21/2017 0.03%HCA INC TL B52.9% 3/31/2017 0.03%MAJAPAHIT HOLD 6/28/2017 0.03%RESIDENTIAL ASSET MORTGAGE 12/25/2033 0.03%GECC/LJ VP HOLD 6/18/2019 0.03%FANNIE MAE 9/01/2035 0.03%FANNIE MAE 6/01/2029 0.03%FANNIE MAE 6/01/2029 0.03%FANNIE MAE 12/01/2036 0.03%JP MORGAN CHASE 6/13/2016 0.03%FANNIE MAE 12/01/2036 0.03%CREDIT SUISSE MORTGAGE TRUS 2/25/2037 0.03%FANNIE MAE 8/01/2037 0.03%FREDDIE MAC 4/01/2038 0.03%FANNIE MAE 4/01/2036 0.03%COUNTRYWIDE ALTERNATIVE LOA 5/25/2047 0.03%CRED SUIS NY 3/17/2015 0.03%BANK OF MONTREAL 6/09/2015 0.03%FANNIE MAE 4/01/2039 0.03%CODELCO INC 1/15/2019 0.03%NATIONWIDE BLDG 2/25/2020 0.03%FORD MOTOR CRED 5/15/2015 0.03%COUNTRYWIDE HOME LOANS 2/20/2035 0.03%BRAZIL-LTN 1/01/2017 0.03%CHASE MORTGAGE FINANCE CORP 5/25/2037 0.03%BEAR STEARNS ASSET BACKED S 6/25/2036 0.02%Security% of PortfolioSTRUCTURED ADJUSTABLE RATE 1/25/2035 0.02%ONTARIO PROVINCE 4/14/2020 0.02%GRANM 2007-1 3A2 1MEUR + 10 12/20/2054 0.02%FANNIE MAE 9/01/2026 0.02%BBVA BANCOMER SA 3/10/2016 0.02%FANNIE MAE 8/01/2033 0.02%CITIGROUP INC 5/19/2015 0.02%BANK OF AMER CRP 8/25/2014 0.02%COUNTRYWIDE ASSET-BACKED CE 12/25/2035 0.02%FREDDIE MAC 1/01/2039 0.02%PUBLIC PWR GENERATION AGY N 1/01/2041 0.02%FANNIE MAE 6/01/2024 0.02%RAAC SERIES 9/25/2045 0.02%BTPS 3/26/2016 0.02%CREDIT SUISSE MORTGAGE TRUS 12/15/2039 0.02%FANNIE MAE 12/01/2024 0.02%COUNTRYWIDE ALTERNATIVE LOA 6/25/2036 0.02%STRUCTURED ASSET SECURITIES 9/25/2036 0.02%FHLMC STRUCTURED PASS THROU 12/25/2036 0.02%BANCO NAC DESENV 9/15/2017 0.02%VERIZON COMM INC 9/15/2016 0.02%FANNIE MAE 6/01/2038 0.02%BEAR STEARNS ADJUSTABLE RAT 11/25/2034 0.02%FANNIE MAE 4/01/2029 0.02%FANNIE MAE 2/01/2035 0.02%J.P. MORGAN ALTERNATIVE LOA 12/27/2036 0.02%QUEBEC PROVINCE 8/25/2021 0.02%GRANITE MORTGAGES PLC. 9/20/2044 0.02%TSY INFL IX N/B 7/15/2023 0.02%MISSISSIPPI ST DEV BANK SPL 1/01/2033 0.02%RESIDENTIAL FUNDING MTG SEC 9/25/2035 0.02%FIRST NLC TRUST 8/25/2037 0.02%FANNIE MAE 5/01/2041 0.02%GALAXY CLO LTD 4/25/2019 0.02%FANNIE MAE 2/01/2027 0.02%VERIZON VIRGINIA 1/15/2022 0.02%FANNIE MAE 7/01/2029 0.02%FANNIE MAE 9/25/2035 0.02%FANNIE MAE 3/01/2026 0.02%BEAR STEARNS STRUCTURED PRO 1/26/2036 0.02%BRASKEM FIN LTD 4/15/2021 0.02%ONTARIO PROVINCE 6/02/2018 0.02%CHICAGO IL TRANSIT AUTH SAL 12/01/2040 0.02%GOVERNMENT NATIONAL MORTGAG 3/15/2039 0.02%FANNIE MAE 11/01/2043 0.02%FANNIE MAE 11/01/2041 0.02%CALIFORNIA ST INFRASTRUCTUR 5/15/2049 0.02%BANK OF CHINA HK 2/11/2020 0.02%CIFC FUNDING LTD 3/01/2021 0.02%NOVATEK OAO 2/03/2016 0.02%NATL WESTMSTR BK 9/09/2015 0.02%FANNIE MAE 5/01/2036 0.02%US T NOTE .13% 8/01/2014 0.02%FANNIE MAE 1/01/2027 0.02%AST Portfolio Holdings378 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioGOVERNMENT NATIONAL MORTGAG 2/15/2039 0.02%S FRWD EUR 9/03/2014 0.02%VERIZON COMM INC 9/14/2018 0.02%GMAC LLC 12/01/2014 0.02%ADJUSTABLE RATE MORTGAGE TR 9/25/2035 0.02%PRUDENTIAL CORE INVESTMENT 0.02%COUNTRYWIDE ALTERNATIVE LOA 2/20/2047 0.02%FANNIE MAE 9/01/2036 0.02%FANNIE MAE 9/01/2037 0.02%FANNIE MAE 11/01/2027 0.02%WISCONSIN ST GEN FUND ANNUA 5/01/2018 0.02%FANNIE MAE 4/01/2041 0.02%FANNIE MAE 10/01/2018 0.02%FANNIE MAE 7/01/2041 0.02%ONTARIO PROVINCE 7/16/2018 0.02%RASGAS II 9/30/2020 0.02%KHFC 12/15/2015 0.02%LOS ANGELES CA WSTWTR SYS R 6/01/2039 0.02%FIRST FRANKLIN MTG LOAN ASS 11/25/2035 0.02%EXP-IMP BK KOREA 1/29/2021 0.02%GRANM 2005-4 A5 3MEUR+10 12/20/2054 0.02%ONTARIO PROVINCE 9/27/2019 0.02%GOVERNMENT NATIONAL MORTGAG 9/15/2040 0.02%ONTARIO PROVINCE 7/22/2016 0.02%ODEBRECHT VIII/I 6/30/2021 0.02%FANNIE MAE 11/01/2037 0.02%FREDDIE MAC 8/15/2019 0.02%GOVERNMENT NATIONAL MORTGAG 5/15/2039 0.02%NOMURA ASSET ACCEPTANCE COR 5/25/2035 0.02%GRANM 2007-2 3A2 1MEUR + 10 12/17/2054 0.02%BNC MORTGAGE LOAN TRUST 5/25/2037 0.02%RED OAK POWER 11/30/2019 0.02%HARBORVIEW MORTGAGE LOAN TR 7/19/2035 0.02%GENERAL VALENCIA 7/16/2015 0.02%FANNIE MAE 1/01/2025 0.01%BLACKSTONE CQP HOLDCO LP 3/19/2019 0.01%COUNTRYWIDE HOME LOANS 11/25/2034 0.01%CITIGROUP INC 7/25/2016 0.01%FREDDIE MAC 12/01/2036 0.01%APPLE INC 5/06/2024 0.01%MASTR ASSET BACKED SECURITI 8/25/2036 0.01%GOLDMAN SACHS GP 6/04/2017 0.01%FANNIE MAE 4/25/2037 0.01%ML-CFC COMMERCIAL MORTGAGE 3/12/2051 0.01%FANNIE MAE 4/01/2035 0.01%GOVERNMENT NATIONAL MORTGAG 10/15/2038 0.01%FANNIE MAE 4/01/2025 0.01%MERRILL LYNCH MORTGAGE INVE 2/25/2036 0.01%GSR MORTGAGE LOAN TRUST 3/25/2037 0.01%AERCAP IRELAND C 5/15/2017 0.01%BEAR STEARNS ALT-A TRUST 12/25/2033 0.01%TURKIYE GARANT 2.7747 4/20/2016 0.01%STRUCTURED ASSET MORTGAGE I 8/25/2036 0.01%FREDDIE MAC 3/07/2018 0.01%Security% of PortfolioFANNIE MAE 5/01/2039 0.01%ACCREDITED MORTGAGE LOAN TR 9/25/2035 0.01%FANNIE MAE 5/01/2028 0.01%JP MORGAN MORTGAGE TRUST 7/25/2035 0.01%FANNIE MAE 7/01/2025 0.01%FIFTH THIRD BANK 12/20/2016 0.01%FANNIE MAE 5/01/2041 0.01%BANCO NAC DESENV 9/26/2016 0.01%FANNIE MAE 6/01/2034 0.01%FANNIE MAE 5/21/2018 0.01%FANNIE MAE 4/01/2041 0.01%HCA INC 2.8907% 5/02/2016 0.01%FANNIE MAE 4/01/2040 0.01%GERDAU TRADE INC 1/30/2021 0.01%CITIGROUP INC 4/01/2016 0.01%FANNIE MAE 8/01/2038 0.01%CIT GROUP INC 5/15/2017 0.01%FANNIE MAE 5/01/2025 0.01%CALIFORNIA ST 4/01/2016 0.01%FANNIE MAE 7/01/2041 0.01%FANNIE MAE 7/25/2037 0.01%RESIDENTIAL FUNDING MTG SEC 2/25/2035 0.01%FANNIE MAE 5/01/2033 0.01%FANNIE MAE 6/01/2026 0.01%BEAR STEARNS ALT-A TRUST 5/25/2035 0.01%FANNIE MAE 7/01/2035 0.01%FANNIE MAE 10/01/2033 0.01%JP MORGAN MORTGAGE TRUST 1/25/2036 0.01%FANNIE MAE 11/01/2043 0.01%CASH COLLATERAL CME SAL USD 0.01%BEAR STEARNS ALT-A TRUST 2/25/2034 0.01%FANNIE MAE 6/01/2029 0.01%JP MORGAN CHASE 10/01/2017 0.01%FANNIE MAE 12/01/2035 0.01%CIT GROUP INC 2/15/2015 0.01%CITIGROUP MORTGAGE LOAN TRU 8/25/2035 0.01%FANNIE MAE 9/01/2041 0.01%FANNIE MAE 11/01/2034 0.01%FANNIE MAE 12/01/2040 0.01%FANNIE MAE 6/01/2029 0.01%FREDDIE MAC 7/01/2038 0.01%FANNIE MAE 10/01/2038 0.01%AMER GENL FIN 12/01/2015 0.01%CON-WAY INC 1/15/2018 0.01%FANNIE MAE 3/01/2041 0.01%FANNIE MAE 9/01/2033 0.01%WELLS FARGO MORTGAGE BACKED 3/25/2036 0.01%FREDDIE MAC 8/01/2038 0.01%GSR MORTGAGE LOAN TRUST 11/25/2035 0.01%FREDDIE MAC 1/01/2039 0.01%MLCC MORTGAGE INVESTORS INC 11/25/2035 0.01%FREDDIE MAC 6/29/2017 0.01%MERRILL LYNCH MORTGAGE INVE 5/25/2033 0.01%BANK OF AMER CRP 8/15/2016 0.01%AST Portfolio Holdings379 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 3/01/2041 0.01%FANNIE MAE 2/01/2038 0.01%FANNIE MAE 5/01/2026 0.01%WELLS FARGO MORTGAGE BACKED 12/25/2034 0.01%BANK OF AMERICA 10/15/2036 0.01%WAMU MORTGAGE PASS-THROUGH 10/25/2045 0.01%FANNIE MAE 2/01/2025 0.01%WASHINGTON MUTUAL MORTGAGE 5/25/2046 0.01%FANNIE MAE 5/01/2025 0.01%HCA INC 2/15/2016 0.01%QUEBEC PROVINCE 7/29/2020 0.01%ENTERGY CORP 4(2) DISC NT* 9/05/2014 0.01%GSR MORTGAGE LOAN TRUST 9/25/2035 0.01%FANNIE MAE 2/01/2024 0.01%DALLAS CNTY TX HOSP DIST 8/15/2034 0.01%FREDDIE MAC 4/01/2040 0.01%SLM PRIVATE EDUCATION LOAN 12/16/2019 0.01%FANNIE MAE 9/01/2034 0.01%FANNIE MAE 9/01/2018 0.01%AMER INTL GROUP 8/15/2018 0.01%REGL TRANSPRTN AUTH IL 7/01/2025 0.01%GRANITE MASTER ISSUER PLC 12/20/2054 0.01%GOVERNMENT NATIONAL MORTGAG 11/15/2039 0.01%FANNIE MAE 7/01/2037 0.01%FANNIE MAE 11/01/2021 0.01%FREDDIE MAC 4/15/2029 0.01%FANNIE MAE 2/01/2026 0.01%FANNIE MAE 7/01/2018 0.01%FANNIE MAE 10/01/2031 0.01%FANNIE MAE 9/01/2036 0.01%FANNIE MAE 9/01/2040 0.01%FANNIE MAE 5/01/2024 0.01%BEAR STEARNS STRUCTURED PRO 12/26/2046 0.01%GREENPOINT MORTGAGE PASS-TH 10/25/2033 0.01%BEAR STEARNS ALT-A TRUST 5/25/2035 0.01%FREDDIE MAC 5/15/2036 0.01%FANNIE MAE 9/01/2025 0.01%FANNIE MAE 9/01/2039 0.01%WAMU MORTGAGE PASS-THROUGH 4/25/2037 0.01%BANK ONE CAP III 9/01/2030 0.01%FANNIE MAE 3/01/2038 0.01%FANNIE MAE 2/01/2037 0.01%INTL LEASE FIN 5/15/2016 0.01%MORGAN STANLEY 4/28/2015 0.01%BEAR STEARNS ADJUSTABLE RAT 7/25/2034 0.01%TSY INFL IX N/B 4/15/2028 0.01%FANNIE MAE 2/01/2040 0.01%FANNIE MAE 5/01/2023 0.01%BCAP 2011-RR5 12A1 144A 3/26/2037 0.01%EMC MORTGAGE LOAN TRUST 5/25/2040 0.01%CITIGROUP MORTGAGE LOAN TRU 11/25/2036 0.01%FANNIE MAE 8/01/2018 0.01%S FRWD MXP 1/08/2015 0.01%GOVERNMENT NATIONAL MORTGAG 4/15/2039 0.01%Security% of PortfolioFREDDIE MAC 5/30/2019 0.01%ONTARIO PROVINCE 3/08/2018 0.01%FANNIE MAE 7/01/2041 0.01%FANNIE MAE 6/01/2024 0.01%FREDDIE MAC 11/01/2037 0.01%FANNIE MAE 6/01/2043 0.01%FANNIE MAE 5/01/2024 0.01%S FRWD BRC 1/05/2015 0.01%QUEBEC PROVINCE 12/01/2022 0.01%FANNIE MAE 4/25/2033 0.01%WAMU MORTGAGE PASS-THROUGH 12/25/2046 0.01%IRS MXN R TIIE-5.5 9/13/2017 0.01%FANNIE MAE 9/01/2025 0.01%FREDDIE MAC 8/01/2038 0.01%FANNIE MAE 4/01/2041 0.01%FANNIE MAE 10/01/2041 0.01%STRUCTURED ASSET SECURITIES 2/25/2036 0.01%FANNIE MAE 3/01/2038 0.01%FANNIEMAE GRANTOR TRUST 6/25/2032 0.01%FANNIE MAE 11/01/2035 0.01%CVS PASS-THROUGH 1/10/2030 0.01%FREDDIE MAC 6/01/2038 0.01%TOBACCO SETTLEMENT FING COR 6/01/2032 0.01%FANNIE MAE 9/01/2036 0.01%BEAR STEARNS COMMERCIAL MOR 1/12/2045 0.01%FANNIE MAE 5/01/2041 0.01%FANNIE MAE 9/01/2040 0.01%BANC OF AMERICA MORTGAGE SE 7/25/2034 0.01%FANNIE MAE 8/01/2042 0.01%RASGAS II 9/30/2020 0.01%FANNIE MAE 1/01/2030 0.01%FANNIE MAE 8/01/2033 0.01%FANNIE MAE 3/01/2026 0.01%FANNIE MAE 6/12/2017 0.01%WACHOVIA BANK COMMERCIAL MO 6/15/2020 0.01%FNMA TBA 8/01/2041 0.01%FANNIE MAE 8/01/2026 0.01%FANNIE MAE 6/01/2041 0.01%FANNIE MAE 2/01/2027 0.01%FREDDIE MAC 5/01/2038 0.01%FANNIE MAE 12/01/2038 0.01%FHLMC STRUCTURED PASS THROU 7/25/2044 0.01%ONTARIO PROVINCE 3/08/2017 0.01%FANNIE MAE 5/01/2041 0.01%FREDDIE MAC 8/01/2038 0.01%FANNIE MAE 8/01/2041 0.01%FANNIE MAE 1/01/2042 0.01%FANNIE MAE 12/01/2040 0.01%FANNIE MAE 9/01/2020 0.01%FANNIE MAE 5/01/2040 0.01%FANNIE MAE 10/01/2035 0.01%FANNIE MAE 6/01/2039 0.01%FANNIE MAE 1/01/2042 0.01%FANNIE MAE 6/01/2041 0.01%AST Portfolio Holdings380 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioLEHMAN RECEIVABLES 0.01%FREDDIE MAC 1/01/2038 0.01%FANNIE MAE 12/01/2038 0.01%FANNIE MAE 5/01/2029 0.01%FANNIE MAE 4/01/2037 0.01%FANNIE MAE 8/01/2035 0.01%FANNIE MAE 8/01/2039 0.01%FANNIE MAE 8/01/2035 0.01%INDYMAC INDX MORTGAGE LOAN 12/25/2034 0.01%FANNIE MAE 9/18/2018 0.01%BEAR STEARNS ALT-A TRUST 9/25/2035 0.01%FANNIE MAE 4/01/2039 0.01%FANNIE MAE 9/01/2035 0.01%FANNIE MAE 10/01/2041 0.01%FANNIE MAE 9/01/2041 0.01%CREDIT SUISSE MORTGAGE TRUS 2/15/2040 0.01%FREDDIE MAC 7/15/2019 0.01%FANNIE MAE 8/01/2038 0.01%FANNIE MAE 11/01/2035 0.01%FANNIE MAE 11/01/2038 0.01%FIRST HORIZON MORTGAGE PASS 8/25/2035 0.01%FANNIE MAE 4/01/2024 0.01%FANNIE MAE 6/01/2025 0.01%FORD MOTOR CRED 6/15/2016 0.01%AMERIQUEST MORTGAGE SECURIT 10/25/2034 0.01%FANNIE MAE 10/01/2036 0.01%FANNIE MAE 11/01/2036 0.01%FANNIE MAE 7/01/2042 0.01%FANNIE MAE 2/01/2037 0.01%FANNIE MAE 8/01/2025 0.01%FANNIE MAE 4/01/2037 0.01%FANNIE MAE 9/01/2040 0.01%FANNIE MAE 1/01/2036 0.01%FANNIE MAE 2/01/2041 0.01%BANC OF AMERICA FUNDING COR 1/20/2047 0.01%FREDDIE MAC 7/01/2040 0.01%FANNIE MAE 6/01/2039 0.01%FANNIE MAE 2/01/2042 0.01%FANNIE MAE 1/01/2037 0.01%FANNIE MAE 12/01/2038 0.01%ONTARIO PROVINCE 10/07/2019 0.01%FANNIE MAE 2/01/2031 < 0.01%FANNIE MAE 8/01/2036 < 0.01%GOVERNMENT NATIONAL MORTGAG 12/15/2038 < 0.01%BANC OF AMERICA FUNDING COR 5/25/2035 < 0.01%FANNIE MAE 3/01/2041 < 0.01%FANNIE MAE 8/01/2041 < 0.01%WAMU MORTGAGE PASS-THROUGH 12/25/2046 < 0.01%FANNIE MAE 6/01/2039 < 0.01%AMER INTL GROUP 10/01/2015 < 0.01%FANNIE MAE 7/01/2019 < 0.01%FANNIE MAE 12/01/2025 < 0.01%FANNIE MAE 1/01/2042 < 0.01%FANNIE MAE 2/01/2025 < 0.01%Security% of PortfolioFANNIE MAE 8/01/2041 < 0.01%BANK NOVA SCOTIA 1/30/2017 < 0.01%FANNIE MAE 1/01/2042 < 0.01%FREDDIE MAC 8/23/2017 < 0.01%GSR MORTGAGE LOAN TRUST 6/25/2034 < 0.01%FANNIE MAE 7/01/2041 < 0.01%ASSET BACKED SECURITIES COR 9/25/2034 < 0.01%FANNIE MAE 11/01/2040 < 0.01%FANNIE MAE 5/01/2026 < 0.01%FANNIE MAE 10/01/2039 < 0.01%S FRWD JPY 8/05/2014 < 0.01%ABN AMRO MORTGAGE CORP 1/25/2034 < 0.01%FANNIE MAE 10/01/2041 < 0.01%FANNIE MAE 7/01/2041 < 0.01%LBG CAPITAL NO.1 12/14/2049 < 0.01%FANNIE MAE 2/01/2025 < 0.01%BEAR STEARNS ADJUSTABLE RAT 1/25/2035 < 0.01%FANNIE MAE 6/01/2040 < 0.01%FANNIE MAE 7/01/2035 < 0.01%FANNIE MAE 3/01/2038 < 0.01%MASTR REPERFORMING LOAN TRU 7/25/2035 < 0.01%FANNIE MAE 12/01/2029 < 0.01%FANNIE MAE 5/01/2041 < 0.01%GOVERNMENT NATIONAL MORTGAG 5/15/2039 < 0.01%STRUCTURED ASSET SECURITIES 10/28/2035 < 0.01%FHLMC STRUCTURED PASS THROU 10/25/2044 < 0.01%FANNIE MAE 5/01/2024 < 0.01%FANNIE MAE 8/01/2040 < 0.01%GOVERNMENT NATIONAL MORTGAG 4/15/2039 < 0.01%FANNIE MAE 6/01/2040 < 0.01%FANNIE MAE 7/01/2041 < 0.01%FANNIE MAE 5/01/2041 < 0.01%FANNIE MAE 11/01/2034 < 0.01%WAMU MORTGAGE PASS-THROUGH 11/25/2034 < 0.01%FANNIE MAE 6/01/2037 < 0.01%AMERICAN HOME MORTGAGE INVE 2/25/2045 < 0.01%FREDDIE MAC 1/01/2038 < 0.01%FANNIE MAE 9/01/2037 < 0.01%FANNIE MAE 5/01/2041 < 0.01%FANNIE MAE 5/01/2041 < 0.01%FREDDIE MAC 5/01/2040 < 0.01%FANNIE MAE 4/01/2023 < 0.01%S FRWD BRC 10/02/2015 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FANNIE MAE 2/01/2036 < 0.01%RESIDENTIAL ASSET MORTGAGE 9/25/2036 < 0.01%FANNIE MAE 8/01/2037 < 0.01%FANNIE MAE 10/01/2041 < 0.01%FREDDIE MAC 2/01/2034 < 0.01%FANNIE MAE 6/01/2029 < 0.01%BEAR STEARNS ADJUSTABLE RAT 3/25/2035 < 0.01%GOVERNMENT NATIONAL MORTGAG 2/15/2039 < 0.01%STRUCTURED ADJUSTABLE RATE 8/25/2035 < 0.01%FANNIE MAE 8/01/2022 < 0.01%AST Portfolio Holdings381 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 11/01/2036 < 0.01%FANNIE MAE 3/01/2040 < 0.01%FANNIE MAE 10/01/2036 < 0.01%FANNIE MAE 4/01/2041 < 0.01%GOVERNMENT NATIONAL MORTGAG 8/15/2038 < 0.01%FANNIE MAE 5/01/2042 < 0.01%FANNIE MAE 8/01/2038 < 0.01%FANNIE MAE 9/01/2033 < 0.01%FANNIE MAE 4/01/2029 < 0.01%FANNIE MAE 11/01/2040 < 0.01%FANNIE MAE 4/01/2040 < 0.01%JP MORGAN MORTGAGE ACQUISIT 3/25/2047 < 0.01%GRANITE MORTGAGES PLC. 1/20/2044 < 0.01%FANNIE MAE 5/01/2041 < 0.01%FANNIE MAE 9/01/2025 < 0.01%FANNIE MAE 6/01/2019 < 0.01%FANNIE MAE 10/01/2024 < 0.01%COUNTRYWIDE HOME LOANS 5/20/2036 < 0.01%FANNIE MAE 12/01/2038 < 0.01%FANNIE MAE 12/01/2036 < 0.01%JPMORGAN CHASE 7/05/2016 < 0.01%FANNIE MAE 5/01/2034 < 0.01%FANNIE MAE 6/01/2033 < 0.01%FANNIE MAE 3/01/2031 < 0.01%IRS MXN 7.02 -20Y CME 6/08/2034 < 0.01%FREDDIE MAC 1/01/2027 < 0.01%FANNIE MAE 4/01/2025 < 0.01%UK POUND STERLING < 0.01%FANNIE MAE 7/01/2029 < 0.01%S FRWD MXP 12/18/2014 < 0.01%FANNIE MAE 10/01/2033 < 0.01%FANNIE MAE 6/01/2033 < 0.01%GOVERNMENT NATIONAL MORTGAG 2/15/2039 < 0.01%GOVERNMENT NATIONAL MORTGAG 2/15/2039 < 0.01%WISCONSIN ST GEN FUND ANNUA 5/01/2026 < 0.01%FANNIE MAE 12/01/2018 < 0.01%FANNIE MAE 3/01/2038 < 0.01%FANNIE MAE 2/01/2042 < 0.01%FANNIE MAE 4/01/2029 < 0.01%FANNIE MAE 8/01/2035 < 0.01%FANNIE MAE 4/01/2039 < 0.01%FANNIE MAE 8/01/2039 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FANNIE MAE 4/01/2040 < 0.01%MERRILL LYNCH MORTGAGE BACK 4/25/2037 < 0.01%FANNIE MAE 7/01/2037 < 0.01%FANNIE MAE 6/01/2026 < 0.01%FANNIE MAE 4/01/2037 < 0.01%FANNIE MAE 2/01/2026 < 0.01%FANNIE MAE 11/01/2025 < 0.01%FANNIE MAE 11/01/2033 < 0.01%FANNIE MAE 11/01/2041 < 0.01%FREDDIE MAC 1/01/2037 < 0.01%FANNIE MAE 7/01/2026 < 0.01%Security% of PortfolioMORGAN STANLEY MORTGAGE LOA 4/25/2037 < 0.01%S FRWD EUR 6/15/2015 < 0.01%FANNIEMAE WHOLE LOAN 12/25/2042 < 0.01%GOVERNMENT NATIONAL MORTGAG 5/15/2038 < 0.01%COUNTRYWIDE ALTERNATIVE LOA 11/25/2035 < 0.01%S FRWD BRC 8/04/2014 < 0.01%XUNTA DE GALICIA 4/03/2018 < 0.01%FANNIE MAE 8/01/2020 < 0.01%FANNIE MAE 7/01/2041 < 0.01%FANNIE MAE 8/01/2029 < 0.01%FREDDIE MAC 12/01/2036 < 0.01%UNIV OF CALIFORNIA CA REVEN 5/15/2037 < 0.01%SOUNDVIEW HOME EQUITY LOAN 6/25/2037 < 0.01%FANNIE MAE 1/01/2019 < 0.01%FANNIE MAE 12/25/2036 < 0.01%FANNIE MAE 3/01/2041 < 0.01%WELLS FARGO MORTGAGE BACKED 1/25/2035 < 0.01%FANNIE MAE 9/01/2037 < 0.01%FANNIE MAE 5/01/2033 < 0.01%FANNIE MAE 6/01/2026 < 0.01%MEXICAN PESO < 0.01%FANNIE MAE 5/01/2036 < 0.01%WAMU MORTGAGE PASS-THROUGH 1/25/2037 < 0.01%FANNIE MAE 5/01/2019 < 0.01%FANNIE MAE 9/01/2018 < 0.01%FANNIE MAE 5/01/2040 < 0.01%FANNIE MAE 1/01/2040 < 0.01%FANNIE MAE 8/01/2036 < 0.01%FANNIE MAE 1/01/2041 < 0.01%FANNIE MAE 10/01/2036 < 0.01%FREDDIE MAC 5/15/2028 < 0.01%FANNIE MAE 4/01/2039 < 0.01%FANNIE MAE 12/01/2035 < 0.01%FANNIE MAE 9/01/2035 < 0.01%IRS MXN R TIIE-5.5 9/13/2017 < 0.01%FANNIE MAE 10/01/2025 < 0.01%FANNIE MAE 1/01/2036 < 0.01%FANNIE MAE 2/01/2035 < 0.01%FANNIE MAE 9/01/2036 < 0.01%GOVERNMENT NATIONAL MORTGAG 1/20/2032 < 0.01%FANNIE MAE 6/01/2018 < 0.01%FANNIE MAE 7/01/2018 < 0.01%FREDDIE MAC 9/01/2037 < 0.01%FANNIE MAE 9/01/2039 < 0.01%(L) CME 4.00% IRS USD 5Y 6/19/2024 < 0.01%FANNIE MAE 5/01/2039 < 0.01%FANNIE MAE 6/01/2040 < 0.01%FANNIE MAE 2/01/2041 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FANNIE MAE 1/01/2026 < 0.01%FANNIE MAE 1/01/2042 < 0.01%ACA CLO LTD 7/25/2018 < 0.01%FANNIE MAE 9/01/2041 < 0.01%FANNIE MAE 6/01/2041 < 0.01%AST Portfolio Holdings382 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 7/01/2035 < 0.01%FANNIE MAE 11/01/2040 < 0.01%FANNIE MAE 12/01/2035 < 0.01%WAMU MORTGAGE PASS-THROUGH 9/25/2036 < 0.01%FANNIE MAE 1/01/2036 < 0.01%WAMU MORTGAGE PASS-THROUGH 11/25/2045 < 0.01%HARBORVIEW MORTGAGE LOAN TR 5/19/2035 < 0.01%SEMINOLE CNTY FL WTR & SWR 10/01/2040 < 0.01%FANNIE MAE 4/01/2029 < 0.01%FANNIE MAE 9/01/2040 < 0.01%FANNIE MAE 5/01/2036 < 0.01%FANNIE MAE 9/01/2034 < 0.01%FANNIE MAE 10/01/2029 < 0.01%STRUCTURED ASSET SECURITIES 1/25/2034 < 0.01%FANNIE MAE 5/01/2026 < 0.01%FANNIE MAE 9/01/2040 < 0.01%FANNIE MAE 2/01/2040 < 0.01%FANNIE MAE 1/01/2037 < 0.01%FANNIE MAE 11/01/2041 < 0.01%FANNIE MAE 1/01/2024 < 0.01%FANNIE MAE 3/01/2040 < 0.01%S FRWD EUR 6/27/2016 < 0.01%FANNIE MAE 2/01/2038 < 0.01%FREDDIE MAC 5/01/2038 < 0.01%FANNIE MAE 9/01/2038 < 0.01%FANNIE MAE 12/01/2030 < 0.01%FANNIE MAE 8/01/2038 < 0.01%FANNIE MAE 8/01/2035 < 0.01%GOVERNMENT NATIONAL MORTGAG 11/20/2029 < 0.01%MLCC MORTGAGE INVESTORS INC 10/25/2035 < 0.01%FANNIE MAE 9/01/2025 < 0.01%OOREDOO INTL 10/14/2016 < 0.01%FANNIE MAE 2/01/2037 < 0.01%FANNIE MAE 3/01/2037 < 0.01%S FRWD EUR 6/13/2016 < 0.01%COUNTRYWIDE HOME LOANS 2/20/2036 < 0.01%FANNIE MAE 1/01/2036 < 0.01%WAMU MORTGAGE PASS-THROUGH 12/25/2045 < 0.01%FANNIE MAE 5/01/2040 < 0.01%FANNIE MAE 8/01/2029 < 0.01%FANNIE MAE 1/01/2026 < 0.01%FANNIE MAE 11/01/2043 < 0.01%FANNIE MAE 8/01/2040 < 0.01%BEAR STEARNS COMMERCIAL MOR 2/11/2044 < 0.01%NOMURA ASSET ACCEPTANCE COR 3/25/2047 < 0.01%FANNIE MAE 3/01/2037 < 0.01%MEXICO EM SP MYC 3/20/2016 < 0.01%GOVERNMENT NATIONAL MORTGAG 2/15/2040 < 0.01%FANNIE MAE 11/01/2036 < 0.01%FANNIE MAE 4/01/2040 < 0.01%FANNIE MAE 7/01/2037 < 0.01%NOMURA ASSET ACCEPTANCE COR 3/25/2047 < 0.01%FANNIE MAE 10/01/2043 < 0.01%FANNIE MAE 1/01/2037 < 0.01%Security% of PortfolioFANNIE MAE 6/01/2026 < 0.01%QUEBEC PROVINCE 12/01/2017 < 0.01%TOBACCO SETTLEMENT FING COR 6/01/2042 < 0.01%FANNIE MAE 6/01/2029 < 0.01%FANNIE MAE 8/01/2035 < 0.01%FANNIE MAE 7/01/2018 < 0.01%FANNIE MAE 5/01/2029 < 0.01%FREDDIE MAC 8/01/2037 < 0.01%FANNIE MAE 11/01/2040 < 0.01%FANNIE MAE 3/01/2041 < 0.01%FANNIE MAE 8/01/2038 < 0.01%FANNIE MAE 1/01/2036 < 0.01%FANNIE MAE 8/01/2035 < 0.01%FANNIE MAE 3/01/2028 < 0.01%GOVERNMENT NATIONAL MORTGAG 2/20/2032 < 0.01%FANNIE MAE 2/01/2035 < 0.01%FANNIE MAE 8/01/2040 < 0.01%FANNIE MAE 6/01/2019 < 0.01%GOVERNMENT NATIONAL MORTGAG 11/15/2038 < 0.01%WAMU MORTGAGE PASS-THROUGH 12/25/2046 < 0.01%BRAZILIAN REAL < 0.01%FANNIE MAE 6/01/2036 < 0.01%FANNIE MAE 6/01/2041 < 0.01%GRANITE MORTGAGES PLC. 9/20/2044 < 0.01%HOMEBANC MORTGAGE TRUST 12/25/2036 < 0.01%FANNIE MAE 3/01/2038 < 0.01%FANNIE MAE 9/01/2035 < 0.01%FANNIE MAE 8/01/2035 < 0.01%FANNIE MAE 10/01/2024 < 0.01%FANNIE MAE 3/01/2038 < 0.01%FREDDIE MAC 10/01/2039 < 0.01%SILENUS (EUROP LOAN COND N2 5/15/2019 < 0.01%FANNIE MAE 4/01/2039 < 0.01%FREDDIE MAC 12/01/2034 < 0.01%FANNIE MAE 4/01/2035 < 0.01%GOVERNMENT NATIONAL MORTGAG 1/15/2039 < 0.01%FANNIE MAE 12/01/2036 < 0.01%FANNIE MAE 12/01/2036 < 0.01%FANNIE MAE 6/01/2035 < 0.01%DEUTSCHE ALT-A SECURITIES I 7/25/2036 < 0.01%FANNIE MAE 3/01/2036 < 0.01%FANNIE MAE 8/01/2024 < 0.01%FREDDIE MAC 2/01/2040 < 0.01%FANNIE MAE 4/01/2038 < 0.01%FANNIE MAE 4/01/2029 < 0.01%FANNIE MAE 5/01/2041 < 0.01%FANNIE MAE 10/01/2039 < 0.01%GOVERNMENT NATIONAL MORTGAG 2/15/2039 < 0.01%FANNIE MAE 3/01/2026 < 0.01%FANNIE MAE 5/01/2024 < 0.01%MEXICO EM SP HUS 3/20/2016 < 0.01%FANNIE MAE 8/01/2033 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FANNIE MAE 2/01/2025 < 0.01%AST Portfolio Holdings383 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 10/01/2035 < 0.01%NEW YORK CITY NY MUNI WTR F 6/15/2040 < 0.01%FANNIE MAE 4/01/2037 < 0.01%FANNIE MAE 4/01/2026 < 0.01%FANNIE MAE 9/01/2033 < 0.01%FANNIE MAE 4/01/2034 < 0.01%WAMU MORTGAGE PASS-THROUGH 2/27/2034 < 0.01%MASTR ASSET SECURITIZATION 9/25/2033 < 0.01%SMALL BUSINESS ADMINISTRATI 9/01/2023 < 0.01%FANNIE MAE 1/01/2020 < 0.01%FANNIE MAE 9/01/2038 < 0.01%CHICAGO IL TRANSIT AUTH SAL 12/01/2021 < 0.01%FANNIE MAE 12/01/2038 < 0.01%FANNIE MAE 8/01/2035 < 0.01%FANNIE MAE 8/01/2037 < 0.01%GRANITE MORTGAGES PLC. 1/20/2044 < 0.01%FANNIE MAE 2/01/2026 < 0.01%FREDDIE MAC 11/01/2035 < 0.01%FANNIE MAE 4/01/2039 < 0.01%FREDDIE MAC 6/01/2038 < 0.01%FANNIE MAE 3/01/2026 < 0.01%FANNIE MAE 10/01/2027 < 0.01%FANNIE MAE 7/01/2025 < 0.01%FANNIE MAE 11/01/2041 < 0.01%GOVERNMENT NATIONAL MORTGAG 4/15/2038 < 0.01%FANNIE MAE 10/01/2041 < 0.01%FANNIE MAE 8/01/2039 < 0.01%INDYMAC INDX MORTGAGE LOAN 9/25/2035 < 0.01%FREDDIE MAC 1/01/2038 < 0.01%FANNIE MAE 7/01/2037 < 0.01%FANNIE MAE 6/01/2034 < 0.01%FANNIE MAE 2/01/2038 < 0.01%BEAR STEARNS ALT-A TRUST 3/25/2036 < 0.01%S FRWD EUR 6/15/2015 < 0.01%FANNIE MAE 2/01/2026 < 0.01%COUNTRYWIDE HOME LOANS 10/20/2035 < 0.01%FANNIE MAE 11/01/2035 < 0.01%FREDDIE MAC 10/01/2038 < 0.01%FANNIE MAE 5/01/2040 < 0.01%FANNIE MAE 6/01/2033 < 0.01%FANNIE MAE 3/01/2023 < 0.01%FANNIE MAE 4/01/2037 < 0.01%FANNIE MAE 9/01/2036 < 0.01%STRUCTURED ADJUSTABLE RATE 2/25/2036 < 0.01%FANNIE MAE 5/01/2041 < 0.01%FREDDIE MAC 12/01/2037 < 0.01%FANNIE MAE 6/01/2026 < 0.01%FANNIE MAE 10/01/2036 < 0.01%FANNIE MAE 9/01/2041 < 0.01%FANNIE MAE 12/01/2039 < 0.01%COUNTRYWIDE HOME LOANS 3/25/2036 < 0.01%FANNIE MAE 4/01/2025 < 0.01%FANNIE MAE 2/01/2028 < 0.01%FANNIE MAE 7/01/2040 < 0.01%Security% of PortfolioFANNIE MAE 5/01/2035 < 0.01%FANNIE MAE 4/01/2024 < 0.01%FANNIE MAE 10/01/2041 < 0.01%FANNIE MAE 11/01/2025 < 0.01%GOVERNMENT NATIONAL MORTGAG 3/20/2024 < 0.01%FANNIE MAE 6/01/2035 < 0.01%FANNIE MAE 6/01/2025 < 0.01%GOVERNMENT NATIONAL MORTGAG 2/15/2040 < 0.01%FANNIE MAE 11/01/2032 < 0.01%FANNIE MAE 5/01/2026 < 0.01%FANNIE MAE 7/01/2018 < 0.01%FANNIE MAE 8/01/2039 < 0.01%BRAZIL EM SP DUB 12/20/2015 < 0.01%FREDDIE MAC 2/01/2037 < 0.01%FANNIE MAE 5/01/2026 < 0.01%S FRWD CND 9/18/2014 < 0.01%FANNIE MAE 12/01/2020 < 0.01%FANNIE MAE 3/01/2041 < 0.01%(S) ICE 1.000% CDX IG22 5Y 6/20/2019 < 0.01%S FRWD EUR 6/15/2015 < 0.01%FANNIE MAE 6/01/2031 < 0.01%FANNIE MAE 2/01/2025 < 0.01%GOVERNMENT NATIONAL MORTGAG 7/20/2030 < 0.01%MORGAN STANLEY MORTGAGE LOA 10/25/2036 < 0.01%FANNIE MAE 4/01/2018 < 0.01%CITIGROUP MORTGAGE LOAN TRU 12/25/2035 < 0.01%JP MORGAN MORTGAGE TRUST 2/25/2035 < 0.01%MERRILL LYNCH ALTERNATIVE N 3/25/2037 < 0.01%FANNIE MAE 12/01/2040 < 0.01%GOVERNMENT NATIONAL MORTGAG 1/20/2026 < 0.01%FANNIE MAE 7/01/2035 < 0.01%FANNIE MAE 2/01/2036 < 0.01%BEAR STEARNS ADJUSTABLE RAT 1/25/2034 < 0.01%FANNIE MAE 7/01/2038 < 0.01%FANNIE MAE 6/01/2039 < 0.01%FREDDIE MAC 1/01/2038 < 0.01%IRS MXN R TIIE-5.5 9/13/2017 < 0.01%INDYMAC INDX MORTGAGE LOAN 6/25/2035 < 0.01%FREDDIE MAC 12/01/2036 < 0.01%FANNIE MAE 11/01/2033 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FANNIE MAE 6/01/2026 < 0.01%FANNIE MAE 7/01/2040 < 0.01%FANNIE MAE 3/01/2025 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FANNIE MAE 9/01/2018 < 0.01%FANNIE MAE 10/01/2033 < 0.01%FANNIE MAE 6/01/2038 < 0.01%FANNIE MAE 3/01/2023 < 0.01%FANNIE MAE 1/01/2037 < 0.01%FANNIE MAE 6/01/2030 < 0.01%FANNIE MAE 1/01/2026 < 0.01%FANNIE MAE 9/01/2035 < 0.01%JP MORGAN CHASE COMMERCIAL 7/15/2042 < 0.01%AST Portfolio Holdings384 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 1/01/2018 < 0.01%FANNIE MAE 1/01/2026 < 0.01%FANNIE MAE 12/01/2040 < 0.01%FANNIE MAE 3/01/2020 < 0.01%FANNIE MAE 7/01/2018 < 0.01%FREDDIE MAC 3/01/2037 < 0.01%FREDDIE MAC 2/15/2019 < 0.01%MLCC MORTGAGE INVESTORS INC 12/25/2034 < 0.01%FANNIE MAE 5/01/2038 < 0.01%FANNIE MAE 3/01/2029 < 0.01%FANNIE MAE 6/01/2029 < 0.01%FREDDIE MAC 2/01/2038 < 0.01%FANNIE MAE 1/01/2034 < 0.01%FANNIE MAE 5/01/2024 < 0.01%FANNIE MAE 12/01/2032 < 0.01%FREDDIE MAC 10/01/2037 < 0.01%FREDDIE MAC 5/01/2023 < 0.01%FANNIE MAE 10/01/2019 < 0.01%IRS MXN R TIIE-5.6 MY 9/06/2016 < 0.01%FNCL 5.5 2006 8/01/2037 < 0.01%FREDDIE MAC 11/01/2037 < 0.01%FANNIE MAE 10/01/2028 < 0.01%FANNIE MAE 6/01/2038 < 0.01%FANNIE MAE 3/01/2035 < 0.01%FANNIE MAE 1/01/2041 < 0.01%FANNIE MAE 1/01/2025 < 0.01%FREDDIE MAC 11/01/2037 < 0.01%WAMU MORTGAGE PASS-THROUGH 6/25/2034 < 0.01%FANNIE MAE 11/01/2040 < 0.01%WAMU MORTGAGE PASS-THROUGH 11/25/2042 < 0.01%FANNIE MAE 3/01/2037 < 0.01%FANNIE MAE 3/01/2019 < 0.01%FANNIE MAE 1/01/2042 < 0.01%FANNIE MAE 7/01/2025 < 0.01%FANNIE MAE 3/01/2035 < 0.01%FANNIE MAE 3/01/2036 < 0.01%FANNIE MAE 7/01/2037 < 0.01%FANNIE MAE 1/01/2041 < 0.01%FANNIE MAE 3/01/2041 < 0.01%IRS OTC 5.700% MXN R BOA 1/18/2019 < 0.01%FANNIE MAE 8/01/2022 < 0.01%FANNIE MAE 4/01/2036 < 0.01%FANNIE MAE 12/01/2024 < 0.01%FREDDIE MAC 8/01/2037 < 0.01%JP MORGAN MORTGAGE TRUST 7/25/2035 < 0.01%FANNIE MAE 1/01/2042 < 0.01%FREDDIE MAC 2/01/2038 < 0.01%FANNIE MAE 5/01/2020 < 0.01%FANNIE MAE 5/01/2034 < 0.01%IRS MXN R 6.570 -10Y* 4/19/2024 < 0.01%FANNIE MAE 5/01/2026 < 0.01%TRUCKEE MEADOWS NV WTR AUTH 7/01/2036 < 0.01%FREDDIE MAC 11/01/2037 < 0.01%FANNIE MAE 8/01/2040 < 0.01%Security% of PortfolioWAMU MORTGAGE PASS-THROUGH 9/25/2033 < 0.01%S FRWD EUR 6/15/2015 < 0.01%FANNIE MAE 4/01/2030 < 0.01%FED HM LN BK DISC NT 10/22/2014 < 0.01%PRIME MORTGAGE TRUST 2/25/2034 < 0.01%FANNIE MAE 9/01/2043 < 0.01%FANNIE MAE 5/25/2035 < 0.01%FANNIE MAE 11/01/2041 < 0.01%FANNIE MAE 4/01/2040 < 0.01%FREDDIE MAC 8/01/2037 < 0.01%S FRWD GBP 8/05/2014 < 0.01%FANNIE MAE 12/01/2025 < 0.01%S FRWD GBP 9/03/2014 < 0.01%FANNIE MAE 1/01/2037 < 0.01%FANNIE MAE 2/01/2023 < 0.01%FANNIE MAE 9/01/2039 < 0.01%FANNIE MAE 7/01/2041 < 0.01%FANNIE MAE 11/01/2037 < 0.01%FANNIE MAE 6/01/2037 < 0.01%FANNIE MAE 10/01/2040 < 0.01%FANNIE MAE 7/01/2040 < 0.01%FANNIE MAE 9/01/2020 < 0.01%FANNIE MAE 11/01/2033 < 0.01%FANNIE MAE 5/01/2040 < 0.01%FANNIE MAE 6/01/2038 < 0.01%FHLMC STRUCTURED PASS THROU 2/25/2045 < 0.01%FANNIE MAE 5/01/2026 < 0.01%FANNIE MAE 4/01/2040 < 0.01%FANNIE MAE 8/01/2039 < 0.01%GCCFC COMMERCIAL MORTGAGE T 8/10/2042 < 0.01%FANNIE MAE 5/01/2024 < 0.01%FANNIE MAE 6/01/2035 < 0.01%FANNIE MAE 2/01/2033 < 0.01%S FRWD BRC 9/03/2014 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FANNIE MAE 2/01/2023 < 0.01%FREDDIE MAC 1/01/2037 < 0.01%FANNIE MAE 9/01/2033 < 0.01%FANNIE MAE 5/01/2029 < 0.01%FANNIE MAE 11/01/2037 < 0.01%FANNIE MAE 11/01/2035 < 0.01%FANNIE MAE 1/01/2037 < 0.01%FANNIE MAE 3/01/2039 < 0.01%FANNIE MAE 9/01/2029 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FANNIE MAE 12/01/2036 < 0.01%FANNIE MAE 7/01/2040 < 0.01%FANNIE MAE 1/01/2037 < 0.01%FANNIE MAE 3/01/2035 < 0.01%ACE SECURITIES CORP. 10/25/2036 < 0.01%FREDDIE MAC 2/01/2038 < 0.01%FANNIE MAE 2/01/2020 < 0.01%FANNIE MAE 6/01/2041 < 0.01%FANNIE MAE 7/01/2027 < 0.01%AST Portfolio Holdings385 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 12/01/2036 < 0.01%FANNIE MAE 1/01/2034 < 0.01%FANNIE MAE 12/01/2023 < 0.01%FANNIE MAE 12/01/2024 < 0.01%FANNIE MAE 1/01/2039 < 0.01%FANNIE MAE 2/01/2036 < 0.01%FREDDIE MAC 8/01/2039 < 0.01%FANNIE MAE 2/01/2029 < 0.01%FREDDIE MAC 12/01/2036 < 0.01%FANNIE MAE 11/01/2034 < 0.01%FANNIE MAE 1/01/2037 < 0.01%EUROPEAN CURRENCY < 0.01%FANNIE MAE 7/01/2026 < 0.01%FANNIE MAE 9/01/2023 < 0.01%FANNIE MAE 4/01/2019 < 0.01%FANNIE MAE 12/01/2035 < 0.01%FANNIE MAE 4/01/2026 < 0.01%FANNIE MAE 2/01/2036 < 0.01%FANNIE MAE 8/01/2018 < 0.01%FANNIE MAE 10/01/2035 < 0.01%FREDDIE MAC 1/01/2038 < 0.01%FANNIE MAE 10/01/2041 < 0.01%FREDDIE MAC 12/01/2038 < 0.01%COUNTRYWIDE ALTERNATIVE LOA 10/25/2046 < 0.01%FANNIE MAE 7/01/2040 < 0.01%FREDDIE MAC 10/01/2039 < 0.01%FANNIE MAE 12/01/2027 < 0.01%FANNIE MAE 2/01/2026 < 0.01%S FRWD BRC 8/04/2014 < 0.01%FANNIE MAE 9/01/2036 < 0.01%FANNIE MAE 7/01/2025 < 0.01%U S TREASURY BILLS 11/28/2014 < 0.01%FANNIE MAE 9/01/2040 < 0.01%FANNIE MAE 2/01/2037 < 0.01%FNMA PASS THRU 20YR 8/01/2023 < 0.01%FANNIE MAE 8/01/2035 < 0.01%FREDDIE MAC 10/15/2022 < 0.01%FREDDIE MAC 7/01/2038 < 0.01%FANNIE MAE 6/01/2025 < 0.01%FANNIE MAE 10/01/2036 < 0.01%FANNIE MAE 5/01/2035 < 0.01%FANNIE MAE 2/01/2041 < 0.01%FANNIE MAE 9/01/2042 < 0.01%FANNIE MAE 12/01/2023 < 0.01%FANNIE MAE 12/01/2027 < 0.01%IRS MXN R TIIEM-5.00M 6/11/2018 < 0.01%FANNIE MAE 8/01/2025 < 0.01%FANNIE MAE 2/01/2035 < 0.01%FANNIE MAE 3/01/2035 < 0.01%FANNIE MAE 3/01/2034 < 0.01%FANNIE MAE 12/01/2034 < 0.01%FANNIE MAE 8/01/2035 < 0.01%FANNIE MAE 1/01/2038 < 0.01%FANNIE MAE 12/01/2034 < 0.01%Security% of PortfolioFANNIE MAE 4/01/2024 < 0.01%FANNIE MAE 8/01/2033 < 0.01%S FRWD EUR 6/15/2015 < 0.01%FANNIE MAE 6/01/2024 < 0.01%GOVERNMENT NATIONAL MORTGAG 10/20/2029 < 0.01%FANNIE MAE 4/01/2023 < 0.01%MEXICO EM SP HUS 9/20/2015 < 0.01%FANNIE MAE 1/01/2035 < 0.01%FANNIE MAE 12/01/2036 < 0.01%FANNIE MAE 11/01/2041 < 0.01%FANNIE MAE 7/01/2036 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FREDDIE MAC 1/01/2038 < 0.01%FANNIE MAE 8/01/2033 < 0.01%FREDDIE MAC 12/01/2037 < 0.01%FANNIE MAE 11/01/2033 < 0.01%FANNIE MAE 7/01/2025 < 0.01%FANNIE MAE 6/01/2037 < 0.01%BRAZIL EM SP HUS 9/20/2015 < 0.01%FREDDIE MAC 8/01/2037 < 0.01%MEXICO EM SP BRC 9/20/2015 < 0.01%FANNIE MAE 4/01/2024 < 0.01%FANNIE MAE 6/01/2041 < 0.01%GOVERNMENT NATIONAL MORTGAG 8/20/2023 < 0.01%FREDDIE MAC 1/01/2038 < 0.01%FANNIE MAE 3/01/2021 < 0.01%CREDIT-BASED ASSET SERVICIN 11/25/2036 < 0.01%GOVERNMENT NATIONAL MORTGAG 12/20/2026 < 0.01%FANNIE MAE 4/01/2025 < 0.01%FANNIE MAE 7/01/2028 < 0.01%FANNIE MAE 3/01/2023 < 0.01%WAMU MORTGAGE PASS-THROUGH 12/25/2036 < 0.01%FANNIE MAE 10/01/2035 < 0.01%FANNIE MAE 7/01/2018 < 0.01%FREDDIE MAC 1/15/2023 < 0.01%CDX MEXICO EM SP CBK 6/20/2016 < 0.01%FANNIE MAE 12/01/2033 < 0.01%FREDDIE MAC 10/01/2037 < 0.01%FANNIE MAE 10/01/2034 < 0.01%FANNIE MAE 7/01/2025 < 0.01%FREDDIE MAC 6/01/2026 < 0.01%FANNIE MAE 10/01/2023 < 0.01%FANNIE MAE 8/01/2025 < 0.01%FANNIEMAE WHOLE LOAN 2/25/2044 < 0.01%BRAZIL EM SP BRC 9/20/2015 < 0.01%LONG BEACH MORTGAGE LOAN TR 10/25/2034 < 0.01%FANNIE MAE 9/01/2017 < 0.01%THORNBURG MORTGAGE SECURITI 4/25/2043 < 0.01%FANNIE MAE 12/01/2035 < 0.01%FANNIE MAE 9/01/2037 < 0.01%FANNIE MAE 3/01/2035 < 0.01%FREDDIE MAC 4/01/2038 < 0.01%FREDDIE MAC 4/01/2036 < 0.01%FANNIE MAE 11/01/2036 < 0.01%AST Portfolio Holdings386 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 3/01/2038 < 0.01%FANNIE MAE 6/01/2035 < 0.01%FANNIE MAE 7/01/2025 < 0.01%FANNIE MAE 1/01/2037 < 0.01%US T BILLS .077% 8/21/2014 < 0.01%FANNIE MAE 1/01/2033 < 0.01%FANNIE MAE 9/01/2018 < 0.01%FREDDIE MAC 1/01/2036 < 0.01%FANNIE MAE 8/01/2027 < 0.01%FANNIE MAE 2/01/2029 < 0.01%FANNIE MAE 6/01/2040 < 0.01%FANNIE MAE 5/01/2037 < 0.01%FANNIE MAE 3/01/2037 < 0.01%MEXICO EM SP CBK 3/20/2016 < 0.01%FANNIE MAE 10/01/2025 < 0.01%FREDDIE MAC 12/01/2036 < 0.01%FANNIE MAE 10/01/2019 < 0.01%FANNIE MAE 5/01/2028 < 0.01%FANNIE MAE 3/01/2037 < 0.01%FANNIE MAE 1/01/2038 < 0.01%FANNIEMAE WHOLE LOAN 3/25/2044 < 0.01%FANNIE MAE 4/01/2033 < 0.01%FANNIE MAE 11/01/2028 < 0.01%FANNIE MAE 10/01/2024 < 0.01%FANNIE MAE 7/01/2035 < 0.01%FANNIE MAE 4/01/2037 < 0.01%FANNIE MAE 5/01/2037 < 0.01%FANNIE MAE 10/01/2035 < 0.01%FANNIE MAE 3/01/2036 < 0.01%FANNIE MAE 12/01/2028 < 0.01%FANNIE MAE 5/01/2026 < 0.01%FANNIE MAE 11/01/2028 < 0.01%FANNIE MAE 11/01/2020 < 0.01%FANNIE MAE 5/01/2025 < 0.01%FANNIE MAE 6/01/2041 < 0.01%FANNIE MAE 10/01/2035 < 0.01%FANNIE MAE 5/01/2035 < 0.01%FANNIE MAE 10/01/2027 < 0.01%BEAR STEARNS ADJUSTABLE RAT 2/25/2033 < 0.01%MORGAN STANLEY REREMIC TRUS 8/12/2045 < 0.01%FANNIE MAE 11/01/2032 < 0.01%FANNIE MAE 8/01/2036 < 0.01%FANNIE MAE 5/01/2041 < 0.01%FANNIE MAE 8/01/2040 < 0.01%FREDDIE MAC 9/01/2038 < 0.01%GOVERNMENT NATIONAL MORTGAG 9/20/2023 < 0.01%FANNIE MAE 7/01/2034 < 0.01%FANNIE MAE 3/01/2035 < 0.01%FANNIE MAE 12/01/2035 < 0.01%FANNIE MAE 8/01/2033 < 0.01%IRS MXN R TIIEM-5.00M 6/11/2018 < 0.01%GOVERNMENT NATIONAL MORTGAG 12/20/2025 < 0.01%FANNIE MAE 10/01/2041 < 0.01%FANNIE MAE 8/01/2030 < 0.01%Security% of PortfolioSOUNDVIEW HOME EQUITY LOAN 11/25/2036 < 0.01%FANNIE MAE 4/01/2035 < 0.01%FANNIE MAE 12/01/2035 < 0.01%METLIFE INC SNR S* SP BOA 12/20/2014 < 0.01%IRS MXN R TIIE-6.35 6/02/2021 < 0.01%FIRST HORIZON ALTERNATIVE M 9/25/2035 < 0.01%FANNIE MAE 4/01/2030 < 0.01%COUNTRYWIDE HOME LOANS 2/25/2036 < 0.01%UAL 1991 TRUST 3/22/2099 < 0.01%FANNIE MAE 10/01/2023 < 0.01%JP MORGAN MORTGAGE TRUST 2/25/2034 < 0.01%FANNIE MAE 3/01/2037 < 0.01%FANNIE MAE 10/01/2029 < 0.01%FANNIE MAE 11/01/2035 < 0.01%FANNIE MAE 9/01/2040 < 0.01%FANNIE MAE 7/01/2037 < 0.01%FREDDIE MAC 10/01/2036 < 0.01%FANNIE MAE 1/01/2037 < 0.01%FANNIE MAE 2/01/2035 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FANNIE MAE 9/01/2021 < 0.01%FANNIE MAE 5/01/2037 < 0.01%FANNIE MAE 5/01/2022 < 0.01%COUNTRYWIDE ALTERNATIVE LOA 5/25/2036 < 0.01%FANNIE MAE 10/01/2040 < 0.01%FANNIE MAE 2/01/2037 < 0.01%FANNIE MAE 9/01/2038 < 0.01%SMALL BUSINESS ADMINISTRATI 6/01/2024 < 0.01%FANNIE MAE 12/01/2025 < 0.01%FANNIE MAE 3/01/2034 < 0.01%FANNIE MAE 7/01/2040 < 0.01%RESIDENTIAL ACCREDIT LOANS, 5/25/2037 < 0.01%FANNIE MAE 9/01/2035 < 0.01%FANNIE MAE 11/01/2035 < 0.01%FANNIE MAE 12/01/2041 < 0.01%UNITED STATES OF AMERICA SW 3/20/2016 < 0.01%GOVERNMENT NATIONAL MORTGAG 11/20/2026 < 0.01%FANNIE MAE 2/01/2041 < 0.01%FANNIE MAE 5/01/2040 < 0.01%FANNIE MAE 6/01/2024 < 0.01%STRUCTURED ASSET MORTGAGE I 5/25/2046 < 0.01%FANNIE MAE 8/01/2037 < 0.01%FANNIE MAE 5/01/2025 < 0.01%FANNIE MAE 4/01/2022 < 0.01%FANNIE MAE 10/01/2036 < 0.01%FANNIE MAE 7/01/2035 < 0.01%FANNIE MAE 7/01/2041 < 0.01%FANNIE MAE 5/01/2029 < 0.01%FANNIE MAE 3/01/2026 < 0.01%FANNIE MAE 12/01/2036 < 0.01%FANNIE MAE 5/01/2041 < 0.01%FANNIE MAE 12/01/2024 < 0.01%FANNIE MAE 12/01/2037 < 0.01%FANNIE MAE 9/01/2037 < 0.01%AST Portfolio Holdings387 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 12/01/2024 < 0.01%FREDDIE MAC 6/01/2036 < 0.01%GOVERNMENT NATIONAL MORTGAG 2/20/2027 < 0.01%BRAZIL EM SP HUS 6/20/2015 < 0.01%FANNIE MAE 10/01/2033 < 0.01%FANNIE MAE 3/01/2039 < 0.01%FANNIE MAE 11/01/2023 < 0.01%FANNIE MAE 8/01/2025 < 0.01%CHINA AS SP RYL 6/20/2015 < 0.01%FREDDIE MAC 8/01/2036 < 0.01%FREDDIE MAC 1/01/2038 < 0.01%IRS OTC 5.700% MXN R JPM 1/18/2019 < 0.01%IRS OTC 5.700% MXN R GLM 1/18/2019 < 0.01%FANNIE MAE 3/01/2035 < 0.01%FANNIE MAE 11/01/2020 < 0.01%FANNIE MAE 8/01/2018 < 0.01%FANNIE MAE 3/01/2031 < 0.01%FANNIE MAE 2/01/2037 < 0.01%FANNIE MAE 5/01/2023 < 0.01%INDONESIA AS SP MYC 9/20/2016 < 0.01%FANNIE MAE 1/01/2034 < 0.01%FANNIE MAE 5/25/2033 < 0.01%IRS OTC 5.700% MXN R DUB 1/18/2019 < 0.01%FANNIE MAE 3/01/2034 < 0.01%FANNIE MAE 8/01/2018 < 0.01%FANNIE MAE 8/01/2041 < 0.01%FANNIE MAE 3/01/2026 < 0.01%FANNIE MAE 8/01/2024 < 0.01%FANNIE MAE 8/01/2041 < 0.01%FANNIE MAE 2/01/2026 < 0.01%GENERAL ELECTRIC CAPITAL C 12/20/2015 < 0.01%S FRWD EUR 8/05/2014 < 0.01%FANNIE MAE 10/01/2035 < 0.01%IRS MXN R TIIE-5.6 9/06/2016 < 0.01%FANNIE MAE 7/01/2037 < 0.01%FANNIE MAE 12/01/2025 < 0.01%FANNIE MAE 8/01/2037 < 0.01%FANNIE MAE 7/01/2035 < 0.01%FANNIE MAE 1/01/2035 < 0.01%FANNIE MAE 4/01/2035 < 0.01%FANNIE MAE 10/01/2023 < 0.01%FANNIE MAE 6/01/2038 < 0.01%FANNIE MAE 11/01/2035 < 0.01%FANNIE MAE 1/01/2026 < 0.01%CDX INDONESIA AS SP 6/20/2016 < 0.01%FREDDIE MAC 11/01/2036 < 0.01%FANNIE MAE 3/01/2025 < 0.01%FANNIE MAE 9/01/2040 < 0.01%FANNIE MAE 2/01/2028 < 0.01%FANNIE MAE 8/01/2040 < 0.01%FANNIE MAE 6/01/2039 < 0.01%FANNIE MAE 12/01/2025 < 0.01%FANNIE MAE 7/01/2018 < 0.01%FANNIE MAE 12/01/2035 < 0.01%Security% of PortfolioFANNIE MAE 3/01/2041 < 0.01%FREDDIE MAC 1/01/2038 < 0.01%CDS OTC 1.000% ITALY GOVT C 6/20/2017 < 0.01%FANNIE MAE 1/01/2041 < 0.01%FANNIE MAE 5/01/2035 < 0.01%FANNIE MAE 9/01/2035 < 0.01%FANNIE MAE 8/01/2030 < 0.01%FREDDIE MAC 4/01/2037 < 0.01%FANNIE MAE 9/01/2037 < 0.01%FANNIE MAE 12/01/2036 < 0.01%FANNIE MAE 7/25/2031 < 0.01%FANNIE MAE 1/01/2033 < 0.01%FANNIE MAE 5/01/2028 < 0.01%FANNIE MAE 7/01/2033 < 0.01%FANNIE MAE 6/01/2019 < 0.01%FANNIE MAE 10/01/2036 < 0.01%SECURITIZED ASSET BACKED RE 12/25/2036 < 0.01%FREDDIE MAC 10/01/2037 < 0.01%FANNIE MAE 4/01/2025 < 0.01%S FRWD EUR 8/05/2014 < 0.01%FANNIE MAE 6/01/2028 < 0.01%FANNIE MAE 7/01/2025 < 0.01%FANNIE MAE 12/01/2034 < 0.01%FANNIE MAE 10/01/2038 < 0.01%FANNIE MAE 2/01/2038 < 0.01%FANNIE MAE 4/01/2021 < 0.01%FANNIE MAE 1/01/2037 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FANNIE MAE 12/01/2036 < 0.01%FANNIE MAE 3/01/2039 < 0.01%FANNIE MAE 7/01/2033 < 0.01%FANNIE MAE 3/01/2034 < 0.01%GOVERNMENT NATIONAL MORTGAG 6/20/2022 < 0.01%FREDDIE MAC 3/15/2032 < 0.01%FANNIE MAE 5/01/2020 < 0.01%GREENPOINT MORTGAGE FUNDING 4/25/2036 < 0.01%FANNIE MAE 2/01/2034 < 0.01%STRUCTURED ASSET MORTGAGE I 5/25/2046 < 0.01%BRAZIL EM SP FBF 9/20/2015 < 0.01%FANNIE MAE 5/01/2017 < 0.01%FANNIE MAE 3/01/2023 < 0.01%FANNIE MAE 7/01/2027 < 0.01%FANNIE MAE 5/01/2038 < 0.01%FANNIE MAE 7/01/2028 < 0.01%FANNIE MAE 8/01/2037 < 0.01%FANNIE MAE 6/01/2020 < 0.01%FANNIE MAE 10/01/2030 < 0.01%FANNIE MAE 8/01/2037 < 0.01%BEAR STEARNS ADJUSTABLE RAT 4/25/2033 < 0.01%FANNIE MAE 11/01/2036 < 0.01%FREDDIE MAC 8/01/2039 < 0.01%FANNIE MAE 5/01/2037 < 0.01%FANNIE MAE 12/01/2020 < 0.01%FREDDIE MAC 1/01/2038 < 0.01%AST Portfolio Holdings388 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 8/01/2015 < 0.01%FANNIE MAE 4/01/2037 < 0.01%FNMA PASS THRU DWARF #88 8/01/2018 < 0.01%FANNIE MAE 1/01/2042 < 0.01%FREDDIE MAC 3/01/2040 < 0.01%FANNIE MAE 9/01/2036 < 0.01%S FRWD BRC 8/04/2014 < 0.01%FANNIE MAE 11/01/2033 < 0.01%FANNIE MAE 7/01/2020 < 0.01%FANNIE MAE 11/01/2033 < 0.01%FANNIE MAE 9/01/2034 < 0.01%FANNIE MAE 9/01/2035 < 0.01%FANNIE MAE 3/01/2035 < 0.01%FREDDIE MAC 5/01/2037 < 0.01%FANNIE MAE 1/01/2037 < 0.01%FANNIE MAE 6/01/2035 < 0.01%FANNIE MAE 5/01/2019 < 0.01%FANNIE MAE 3/01/2035 < 0.01%FREDDIE MAC 8/01/2038 < 0.01%FANNIE MAE 3/01/2026 < 0.01%FANNIE MAE 5/01/2025 < 0.01%FREMONT HOME LOAN TRUST 1/25/2037 < 0.01%BRAZIL EM SP FBF 6/20/2015 < 0.01%FANNIE MAE 12/01/2036 < 0.01%DSLA MORTGAGE LOAN TRUST 7/19/2045 < 0.01%FANNIE MAE 1/01/2041 < 0.01%FANNIE MAE 11/01/2040 < 0.01%FANNIE MAE 6/01/2037 < 0.01%INDONESIA AS SP CBK 6/20/2016 < 0.01%FANNIE MAE 12/01/2018 < 0.01%FREDDIE MAC 4/01/2038 < 0.01%FANNIE MAE 11/01/2024 < 0.01%GENERAL ELECTRIC CAPITAL C 3/20/2016 < 0.01%FANNIE MAE 12/01/2034 < 0.01%FANNIE MAE 9/01/2035 < 0.01%FREDDIE MAC 1/01/2038 < 0.01%GOVERNMENT NATIONAL MORTGAG 10/15/2038 < 0.01%FANNIE MAE 2/01/2040 < 0.01%GOVERNMENT NATIONAL MORTGAG 4/20/2023 < 0.01%FANNIE MAE 8/01/2037 < 0.01%FANNIE MAE 5/01/2041 < 0.01%FANNIE MAE 6/01/2020 < 0.01%FANNIE MAE 8/01/2029 < 0.01%FANNIE MAE 11/01/2033 < 0.01%FANNIE MAE 8/01/2026 < 0.01%FANNIE MAE 12/01/2036 < 0.01%FANNIE MAE 4/01/2040 < 0.01%FANNIE MAE 8/01/2035 < 0.01%FANNIE MAE 9/01/2021 < 0.01%FANNIE MAE 8/01/2023 < 0.01%FANNIE MAE 6/01/2042 < 0.01%FANNIE MAE 4/01/2024 < 0.01%FREDDIE MAC 12/01/2036 < 0.01%FREDDIE MAC 12/01/2036 < 0.01%Security% of PortfolioGOVERNMENT NATIONAL MORTGAG 10/20/2024 < 0.01%FREDDIE MAC 10/01/2036 < 0.01%BEAR STEARNS ADJUSTABLE RAT 2/25/2033 < 0.01%FANNIE MAE 8/01/2033 < 0.01%FANNIE MAE 8/01/2041 < 0.01%FANNIE MAE 11/01/2036 < 0.01%FANNIE MAE 6/01/2034 < 0.01%FANNIE MAE 5/01/2026 < 0.01%FANNIE MAE 8/01/2037 < 0.01%FANNIE MAE 7/01/2024 < 0.01%FANNIE MAE 6/01/2037 < 0.01%FANNIE MAE 12/01/2032 < 0.01%FANNIE MAE 6/01/2021 < 0.01%FANNIE MAE 8/01/2033 < 0.01%FANNIE MAE 4/01/2034 < 0.01%FANNIE MAE 7/01/2037 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FANNIE MAE 11/01/2036 < 0.01%S FRWD EUR 8/05/2014 < 0.01%FANNIE MAE 9/01/2016 < 0.01%BRAZIL EM SP DUB 6/20/2015 < 0.01%FANNIE MAE 11/01/2023 < 0.01%S FRWD EUR 8/05/2014 < 0.01%FANNIE MAE 3/01/2023 < 0.01%FANNIE MAE 7/01/2037 < 0.01%FANNIE MAE 5/01/2035 < 0.01%FANNIE MAE 1/01/2028 < 0.01%FANNIE MAE 11/01/2033 < 0.01%FANNIE MAE 12/01/2038 < 0.01%FANNIE MAE 8/01/2035 < 0.01%FANNIE MAE 11/01/2035 < 0.01%FANNIE MAE 5/01/2037 < 0.01%FANNIE MAE 7/01/2036 < 0.01%FANNIE MAE 7/01/2027 < 0.01%FANNIE MAE 3/01/2041 < 0.01%FANNIE MAE 3/01/2036 < 0.01%FANNIE MAE 11/01/2027 < 0.01%FANNIE MAE 1/01/2029 < 0.01%FANNIE MAE 8/01/2036 < 0.01%FREDDIE MAC 10/01/2038 < 0.01%FANNIE MAE 7/01/2039 < 0.01%(L) CME 5.500% IRS MXN 9/13/2017 < 0.01%INDONESIA AS SP UAG 9/20/2016 < 0.01%FANNIE MAE 4/01/2036 < 0.01%GOVERNMENT NATIONAL MORTGAG 4/20/2030 < 0.01%FANNIE MAE 9/01/2033 < 0.01%FREDDIE MAC 3/01/2037 < 0.01%STRUCTURED ASSET SECURITIES 2/25/2032 < 0.01%FANNIE MAE 7/01/2035 < 0.01%GE-WMC MORTGAGE SECURITIES 8/25/2036 < 0.01%FANNIE MAE 9/01/2035 < 0.01%FANNIE MAE 4/01/2039 < 0.01%FANNIE MAE 12/01/2034 < 0.01%FANNIE MAE 4/01/2023 < 0.01%AST Portfolio Holdings389 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 6/01/2037 < 0.01%FANNIE MAE 6/01/2037 < 0.01%CREDIT SUISSE FIRST BOSTON 3/25/2032 < 0.01%FANNIE MAE 11/01/2023 < 0.01%FANNIE MAE 10/01/2035 < 0.01%FANNIE MAE 9/01/2035 < 0.01%FREDDIE MAC 11/15/2016 < 0.01%MEXICO EM SP MYC 6/20/2017 < 0.01%FANNIE MAE 9/01/2039 < 0.01%FANNIE MAE 11/01/2036 < 0.01%GOVERNMENT NATIONAL MORTGAG 7/20/2025 < 0.01%FANNIE MAE 3/01/2022 < 0.01%FANNIE MAE 9/01/2036 < 0.01%CHINA AS SP CBK 12/20/2018 < 0.01%FANNIE MAE 6/01/2024 < 0.01%MEXICO LA SP CBK 6/20/2019 < 0.01%FANNIE MAE 4/01/2036 < 0.01%FANNIE MAE 11/01/2036 < 0.01%FANNIE MAE 4/01/2040 < 0.01%FANNIE MAE 7/01/2037 < 0.01%FANNIE MAE 12/01/2033 < 0.01%FREDDIE MAC 10/01/2037 < 0.01%FANNIE MAE 8/01/2036 < 0.01%FANNIE MAE 3/01/2036 < 0.01%FANNIE MAE 1/01/2041 < 0.01%FANNIE MAE 5/01/2035 < 0.01%FANNIE MAE 12/01/2034 < 0.01%FANNIE MAE 1/01/2042 < 0.01%FREDDIE MAC 8/01/2038 < 0.01%FANNIE MAE 12/01/2035 < 0.01%FANNIE MAE 5/01/2035 < 0.01%IRS MXN R TIIE-5.5 6/11/2018 < 0.01%LEHMAN XS TRUST 11/25/2046 < 0.01%FANNIE MAE 1/01/2034 < 0.01%FANNIE MAE 11/01/2025 < 0.01%FANNIE MAE 5/01/2023 < 0.01%FANNIE MAE 2/01/2025 < 0.01%FREDDIE MAC 9/01/2037 < 0.01%FANNIE MAE 4/01/2025 < 0.01%FANNIE MAE 12/01/2036 < 0.01%FANNIE MAE 8/01/2016 < 0.01%FANNIE MAE 12/01/2019 < 0.01%FANNIE MAE 8/01/2041 < 0.01%FANNIE MAE 4/01/2019 < 0.01%FANNIE MAE 9/01/2017 < 0.01%FANNIE MAE 5/25/2023 < 0.01%FANNIE MAE 7/01/2037 < 0.01%CHINA AS SP CBK 6/20/2015 < 0.01%FANNIE MAE 8/01/2040 < 0.01%FANNIE MAE 1/01/2022 < 0.01%FANNIE MAE 1/01/2040 < 0.01%CD GECC SP DUB 1.000% 9/20/2015 < 0.01%FANNIE MAE 4/01/2023 < 0.01%FANNIE MAE 12/01/2033 < 0.01%Security% of PortfolioCDX BRAZIL EM SP DUB 6/20/2016 < 0.01%FANNIE MAE 12/01/2033 < 0.01%FANNIE MAE 6/01/2040 < 0.01%FANNIE MAE 5/01/2037 < 0.01%FANNIE MAE 7/01/2041 < 0.01%BANC OF AMERICA MORTGAGE SE 10/25/2031 < 0.01%FANNIE MAE 11/01/2036 < 0.01%IRS MXN R TIIE-5.5 6/11/2018 < 0.01%FREDDIE MAC 9/01/2018 < 0.01%FANNIE MAE 4/01/2028 < 0.01%FREDDIE MAC 3/01/2033 < 0.01%FANNIE MAE 5/01/2036 < 0.01%FANNIE MAE 12/01/2025 < 0.01%GOVERNMENT NATIONAL MORTGAG 9/20/2025 < 0.01%FANNIE MAE 3/01/2026 < 0.01%FANNIE MAE 1/01/2024 < 0.01%FANNIE MAE 5/01/2034 < 0.01%BERKSHIRE HATHAWAY FINANCE 3/20/2015 < 0.01%FANNIE MAE 11/01/2040 < 0.01%FANNIE MAE 11/01/2033 < 0.01%FANNIE MAE 7/01/2036 < 0.01%FANNIE MAE 4/01/2039 < 0.01%FANNIE MAE 5/01/2041 < 0.01%FANNIE MAE 7/01/2037 < 0.01%GOVERNMENT NATIONAL MORTGAG 9/20/2024 < 0.01%FANNIE MAE 8/01/2034 < 0.01%US T BILLS .08% 8/14/2014 < 0.01%FANNIE MAE 12/01/2036 < 0.01%FANNIE MAE 6/01/2018 < 0.01%FREDDIE MAC 8/01/2038 < 0.01%FANNIE MAE 12/01/2033 < 0.01%FANNIE MAE 8/01/2025 < 0.01%FANNIE MAE 12/01/2039 < 0.01%GOVERNMENT NATIONAL MORTGAG 5/15/2037 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FANNIE MAE 8/01/2035 < 0.01%FANNIE MAE 3/01/2035 < 0.01%FANNIE MAE 1/01/2038 < 0.01%FANNIE MAE 5/01/2041 < 0.01%FREDDIE MAC 11/01/2033 < 0.01%S FRWD EUR 9/03/2014 < 0.01%FANNIE MAE 10/01/2041 < 0.01%FANNIE MAE 5/01/2040 < 0.01%FANNIE MAE 9/25/2017 < 0.01%FANNIE MAE 7/01/2037 < 0.01%FANNIE MAE 3/01/2030 < 0.01%FANNIE MAE 1/01/2038 < 0.01%FREDDIE MAC 12/01/2028 < 0.01%FANNIE MAE 4/01/2027 < 0.01%FANNIE MAE 12/01/2041 < 0.01%FANNIE MAE 9/01/2033 < 0.01%MEXICO LA SP BOA 12/20/2018 < 0.01%FREDDIE MAC 12/01/2018 < 0.01%FANNIE MAE 12/01/2034 < 0.01%AST Portfolio Holdings390 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 3/01/2041 < 0.01%FANNIE MAE 4/01/2035 < 0.01%ITALY GOVT SW SP BRC 6/20/2017 < 0.01%FANNIE MAE 3/01/2019 < 0.01%FANNIE MAE 7/01/2040 < 0.01%FANNIE MAE 5/01/2041 < 0.01%INDONESIA AS SP CBK 6/20/2016 < 0.01%S FRWD EUR 9/03/2014 < 0.01%FANNIE MAE 4/01/2025 < 0.01%FANNIE MAE 2/01/2035 < 0.01%FANNIE MAE 9/01/2025 < 0.01%FANNIE MAE 2/01/2034 < 0.01%FANNIE MAE 4/01/2027 < 0.01%GOVERNMENT NATIONAL MORTGAG 5/20/2025 < 0.01%ITALY GOVT SW SP MYC 6/20/2017 < 0.01%FANNIE MAE 7/01/2035 < 0.01%FNMA PASS THRU MTG #90246 11/01/2036 < 0.01%FANNIE MAE 3/01/2021 < 0.01%FANNIE MAE 4/01/2024 < 0.01%INDYMAC ARM TRUST 1/25/2032 < 0.01%FANNIE MAE 11/01/2038 < 0.01%FANNIE MAE 4/01/2020 < 0.01%FANNIE MAE 1/01/2034 < 0.01%FREDDIE MAC 11/01/2038 < 0.01%LEHMAN XS TRUST 9/25/2046 < 0.01%FANNIE MAE 4/01/2025 < 0.01%FANNIE MAE 12/01/2020 < 0.01%FANNIE MAE 5/01/2037 < 0.01%FANNIE MAE 5/01/2025 < 0.01%FANNIE MAE 3/01/2023 < 0.01%FANNIE MAE 8/01/2036 < 0.01%FANNIE MAE 10/01/2036 < 0.01%FANNIE MAE 3/01/2024 < 0.01%FANNIE MAE 5/01/2041 < 0.01%FANNIE MAE 9/01/2036 < 0.01%FANNIE MAE 10/01/2035 < 0.01%FANNIE MAE 7/01/2023 < 0.01%FANNIE MAE 12/01/2025 < 0.01%UNITED KINGDOM GILT SW SP U 12/20/2015 < 0.01%FANNIE MAE 8/01/2037 < 0.01%FANNIE MAE 10/01/2035 < 0.01%IRS MXN R TIIE-5.0 HU 9/13/2017 < 0.01%FANNIE MAE 10/01/2033 < 0.01%FANNIE MAE 8/01/2025 < 0.01%FANNIE MAE 11/01/2034 < 0.01%FANNIE MAE 3/01/2036 < 0.01%FREDDIE MAC 6/01/2022 < 0.01%FANNIE MAE 4/01/2017 < 0.01%FANNIE MAE 8/01/2040 < 0.01%FANNIE MAE 5/01/2029 < 0.01%FANNIE MAE 7/01/2018 < 0.01%FANNIE MAE 4/01/2025 < 0.01%FANNIE MAE 3/01/2034 < 0.01%FANNIE MAE 6/01/2035 < 0.01%Security% of PortfolioFANNIE MAE 9/01/2033 < 0.01%FANNIE MAE 5/01/2025 < 0.01%FANNIE MAE 10/01/2025 < 0.01%FANNIE MAE 4/01/2039 < 0.01%FANNIE MAE 8/01/2038 < 0.01%FANNIE MAE 1/01/2029 < 0.01%FANNIE MAE 5/01/2024 < 0.01%GOVERNMENT NATIONAL MORTGAG 3/20/2017 < 0.01%FANNIE MAE 2/01/2034 < 0.01%IRS MXN R TIIE-5.5 6/11/2018 < 0.01%FANNIE MAE 6/01/2041 < 0.01%US T BILLS .05% 10/09/2014 < 0.01%FANNIE MAE 8/01/2024 < 0.01%FANNIE MAE 4/01/2035 < 0.01%FANNIE MAE 5/01/2033 < 0.01%FREDDIE MAC 1/01/2019 < 0.01%FANNIE MAE 5/01/2037 < 0.01%FANNIE MAE 12/01/2023 < 0.01%FANNIE MAE 12/01/2032 < 0.01%FANNIE MAE 6/01/2018 < 0.01%FANNIE MAE 6/01/2023 < 0.01%FREDDIE MAC 6/01/2021 < 0.01%FANNIE MAE 8/01/2023 < 0.01%INDONASIA AS SP DUB 9/20/2015 < 0.01%FANNIE MAE 4/01/2033 < 0.01%FREDDIE MAC 12/01/2034 < 0.01%FANNIE MAE 9/01/2024 < 0.01%FANNIE MAE 7/01/2027 < 0.01%FANNIE MAE 9/01/2036 < 0.01%FREDDIE MAC 12/01/2022 < 0.01%FANNIE MAE 5/01/2025 < 0.01%FANNIE MAE 6/01/2037 < 0.01%FANNIE MAE 2/01/2025 < 0.01%FREDDIE MAC 12/01/2037 < 0.01%FANNIE MAE 9/01/2036 < 0.01%L FRWD BRC 8/04/2014 < 0.01%FANNIE MAE 3/01/2018 < 0.01%METLIFE INC SNR S* SP DUB 12/20/2014 < 0.01%FANNIE MAE 9/01/2024 < 0.01%BEAR STEARNS ADJUSTABLE RAT 1/25/2034 < 0.01%FREDDIE MAC 3/01/2037 < 0.01%FANNIE MAE 12/01/2034 < 0.01%FANNIE MAE 7/01/2037 < 0.01%MEXICO LA SP GST 12/20/2018 < 0.01%FANNIE MAE 11/01/2033 < 0.01%FANNIE MAE 2/01/2034 < 0.01%FANNIE MAE 10/01/2035 < 0.01%BRAZIL EM SP DUB 6/20/2015 < 0.01%BRAZIL EM SP MYC 6/20/2015 < 0.01%FANNIE MAE 2/01/2024 < 0.01%FREDDIE MAC 9/01/2039 < 0.01%METLIFE INC SNR S* SP CBK 12/20/2014 < 0.01%MEXICO EM SP HUS 9/20/2016 < 0.01%FANNIE MAE 1/01/2034 < 0.01%AST Portfolio Holdings391 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 12/01/2035 < 0.01%FANNIE MAE 4/01/2035 < 0.01%FANNIE MAE 11/01/2036 < 0.01%BRAZIL EM SP CBK 6/20/2015 < 0.01%FREDDIE MAC 4/01/2038 < 0.01%FANNIE MAE 4/01/2034 < 0.01%FANNIE MAE 2/01/2030 < 0.01%FREDDIE MAC 11/01/2032 < 0.01%CHINA AS SP BRC 12/20/2018 < 0.01%FANNIE MAE 3/01/2025 < 0.01%FANNIE MAE 5/01/2037 < 0.01%FANNIE MAE 8/01/2037 < 0.01%FREDDIE MAC 12/01/2021 < 0.01%FREDDIE MAC 7/01/2037 < 0.01%FANNIE MAE 6/01/2038 < 0.01%MEXICO LA SP DUB 6/20/2019 < 0.01%IRS MXN R TIIE-5.5 6/11/2018 < 0.01%HARBORVIEW MORTGAGE LOAN TR 9/19/2046 < 0.01%FREDDIE MAC 5/01/2040 < 0.01%FANNIE MAE 9/01/2025 < 0.01%FREDDIE MAC 9/01/2037 < 0.01%IRS MXN R TIIE-5.5 6/17/2018 < 0.01%GOVERNMENT NATIONAL MORTGAG 10/20/2023 < 0.01%FANNIE MAE 12/01/2035 < 0.01%FANNIE MAE 4/01/2034 < 0.01%FANNIE MAE 5/01/2030 < 0.01%WASHINGTON MUTUAL MSC MORTG 2/25/2033 < 0.01%FANNIE MAE 12/01/2035 < 0.01%GOVERNMENT NATIONAL MORTGAG 7/20/2025 < 0.01%FANNIE MAE 3/01/2037 < 0.01%IRS MXN R TIIE28-5.5000028 6/11/2018 < 0.01%L.F.ROTHSCHILD MORTGAGE TRU 8/01/2017 < 0.01%FANNIE MAE 8/01/2026 < 0.01%BRAZIL EM SP CBK 9/20/2015 < 0.01%SINGAPORE DOLLAR < 0.01%GOVERNMENT NATIONAL MORTGAG 8/20/2024 < 0.01%FREDDIE MAC 1/01/2038 < 0.01%FANNIE MAE 11/01/2033 < 0.01%FANNIE MAE 1/01/2036 < 0.01%BANK OF AMERICA CORP SNR S* 9/20/2014 < 0.01%GOVERNMENT NATIONAL MORTGAG 2/15/2024 < 0.01%FREDDIE MAC 5/01/2022 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FREDDIE MAC 2/01/2038 < 0.01%MEXICO LA SP JPM 12/20/2018 < 0.01%MEXICO LA SP CBK 12/20/2018 < 0.01%FREDDIE MAC 1/01/2038 < 0.01%FREDDIE MAC 3/01/2016 < 0.01%FANNIE MAE 11/01/2034 < 0.01%FANNIE MAE 9/01/2037 < 0.01%IRS MXN R TIIE-5.5 6/11/2018 < 0.01%FANNIE MAE 6/01/2021 < 0.01%FREDDIE MAC 10/01/2037 < 0.01%CDS OTC 1.000% MEXICO EM JP 9/20/2016 < 0.01%Security% of PortfolioFANNIE MAE 2/01/2027 < 0.01%FANNIE MAE 3/01/2035 < 0.01%FANNIE MAE 3/01/2025 < 0.01%BRAZIL EM SP BRC 6/20/2015 < 0.01%GOVERNMENT NATIONAL MORTGAG 2/16/2030 < 0.01%FREDDIE MAC 3/01/2016 < 0.01%FANNIE MAE 9/01/2038 < 0.01%FANNIE MAE 8/01/2034 < 0.01%FREDDIE MAC 3/01/2036 < 0.01%FANNIE MAE 2/01/2035 < 0.01%FANNIE MAE 12/01/2025 < 0.01%FANNIE MAE 7/01/2033 < 0.01%FANNIE MAE 2/01/2035 < 0.01%BRAZIL EM SP UAG 9/20/2015 < 0.01%FANNIE MAE 8/01/2037 < 0.01%FANNIE MAE 2/01/2035 < 0.01%FANNIE MAE 3/01/2034 < 0.01%FREDDIE MAC 7/01/2016 < 0.01%FANNIE MAE 10/01/2038 < 0.01%FREDDIE MAC 3/01/2016 < 0.01%IRS MXN R TIIE-5.5 6/11/2018 < 0.01%S FRWD TRL 8/14/2014 < 0.01%FREDDIE MAC 7/01/2016 < 0.01%FANNIE MAE 11/01/2034 < 0.01%FANNIE MAE 11/01/2018 < 0.01%FANNIE MAE 12/01/2022 < 0.01%FANNIE MAE 1/01/2024 < 0.01%FREDDIE MAC 4/01/2037 < 0.01%FREDDIE MAC 3/01/2016 < 0.01%FANNIE MAE 11/01/2035 < 0.01%CDS OTC 1.000% ITALY GOVT G 6/20/2017 < 0.01%FREDDIE MAC 5/01/2016 < 0.01%FREDDIE MAC 9/01/2016 < 0.01%FANNIE MAE 2/01/2036 < 0.01%FANNIE MAE 5/01/2026 < 0.01%FREDDIE MAC 3/01/2022 < 0.01%FANNIE MAE 12/01/2035 < 0.01%FREDDIE MAC 8/01/2016 < 0.01%FANNIE MAE 11/01/2020 < 0.01%IRS MXN R TIIE-5.0 BR 9/13/2017 < 0.01%FREDDIE MAC 5/01/2037 < 0.01%FANNIE MAE 11/01/2028 < 0.01%FANNIE MAE 7/01/2036 < 0.01%MORGAN STANLEY IXIS REAL ES 11/25/2036 < 0.01%FREDDIE MAC 6/01/2038 < 0.01%FREDDIE MAC 1/01/2023 < 0.01%EXPORT-IMPORT BANK OF AS SP 6/20/2017 < 0.01%FANNIE MAE 7/01/2020 < 0.01%FANNIE MAE 2/01/2021 < 0.01%MEXICO EM SP BRC 3/20/2016 < 0.01%FANNIE MAE 7/01/2037 < 0.01%METLIFE INC SNR S* SPFBF 12/20/2014 < 0.01%FANNIE MAE 6/01/2019 < 0.01%GOVERNMENT NATIONAL MORTGAG 5/20/2030 < 0.01%AST Portfolio Holdings392 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioMEXICO EM SP JPM 9/20/2015 < 0.01%FANNIE MAE 3/01/2036 < 0.01%FANNIE MAE 11/01/2035 < 0.01%GOVERNMENT NATIONAL MORTGAG 8/20/2027 < 0.01%FANNIE MAE 8/01/2027 < 0.01%FANNIE MAE 11/01/2037 < 0.01%IRS MXN R TIIE-5.5 6/11/2018 < 0.01%FANNIE MAE 11/01/2035 < 0.01%JP MORGAN SNR S* SP CBK 9/20/2014 < 0.01%FANNIE MAE 7/01/2034 < 0.01%FANNIE MAE 12/01/2034 < 0.01%GOVERNMENT NATIONAL MORTGAG 4/20/2025 < 0.01%FANNIE MAE 2/01/2037 < 0.01%FREDDIE MAC 2/01/2016 < 0.01%FANNIE MAE 3/01/2032 < 0.01%FANNIE MAE 6/01/2036 < 0.01%FANNIE MAE 12/01/2035 < 0.01%FREDDIE MAC 3/01/2021 < 0.01%FANNIE MAE 1/01/2037 < 0.01%FANNIE MAE 2/01/2029 < 0.01%FANNIE MAE 10/01/2037 < 0.01%FANNIE MAE 1/01/2037 < 0.01%FANNIE MAE 5/01/2019 < 0.01%FANNIE MAE 8/01/2035 < 0.01%FANNIE MAE 8/01/2019 < 0.01%FANNIE MAE 12/01/2036 < 0.01%FREDDIE MAC 1/01/2032 < 0.01%FANNIE MAE 4/01/2020 < 0.01%FANNIE MAE 9/01/2025 < 0.01%FREDDIE MAC 3/01/2016 < 0.01%FANNIE MAE 9/01/2038 < 0.01%FREDDIE MAC 8/15/2032 < 0.01%FANNIE MAE 2/01/2038 < 0.01%FANNIE MAE 11/01/2018 < 0.01%FANNIE MAE 6/01/2033 < 0.01%FANNIE MAE 12/01/2023 < 0.01%PRIME MORTGAGE TRUST 2/25/2019 < 0.01%FANNIE MAE 11/01/2032 < 0.01%FANNIE MAE 9/01/2033 < 0.01%FREDDIE MAC 3/01/2016 < 0.01%FANNIE MAE 9/01/2036 < 0.01%FANNIE MAE 9/01/2036 < 0.01%FANNIE MAE 4/01/2018 < 0.01%FANNIE MAE 9/01/2027 < 0.01%FANNIE MAE 6/01/2036 < 0.01%FANNIE MAE 12/01/2036 < 0.01%FANNIE MAE 4/01/2033 < 0.01%FANNIE MAE 7/01/2036 < 0.01%FANNIE MAE 12/01/2022 < 0.01%FANNIE MAE 11/01/2036 < 0.01%FANNIE MAE 7/01/2022 < 0.01%FANNIE MAE 12/01/2030 < 0.01%MORGAN STANLEY SNR S* SP FB 9/20/2014 < 0.01%FANNIE MAE 1/01/2022 < 0.01%Security% of PortfolioFANNIE MAE 2/01/2018 < 0.01%FANNIE MAE 12/01/2036 < 0.01%MEXICO LA SP HUS 6/20/2019 < 0.01%FANNIE MAE 12/01/2035 < 0.01%FANNIE MAE 4/01/2033 < 0.01%FANNIE MAE 5/01/2033 < 0.01%FANNIE MAE 11/01/2022 < 0.01%FREDDIE MAC 9/01/2038 < 0.01%CDS OTC 1.000% ITALY GOVT B 6/20/2019 < 0.01%FREDDIE MAC 10/01/2021 < 0.01%INDYMAC ARM TRUST 1/25/2032 < 0.01%ITALY GOVT SW SP BRC 6/20/2019 < 0.01%FANNIE MAE 6/01/2038 < 0.01%CD ITALY GOVT SW SP HUS 6/20/2019 < 0.01%FANNIE MAE 12/01/2036 < 0.01%FANNIE MAE 5/01/2036 < 0.01%FANNIE MAE 8/01/2036 < 0.01%FANNIE MAE 2/01/2018 < 0.01%FANNIE MAE 8/01/2036 < 0.01%CD MEX SP JPM 0.920% 3/20/2016 < 0.01%SWISS FRANC < 0.01%FANNIE MAE 10/01/2036 < 0.01%CANADIAN DOLLAR < 0.01%SAUDI ARABIAN RIY < 0.01%JAPANESE YEN < 0.01%UNITED ARAB EMERITES < 0.01%CDS OTC 1.000% ITALY GOVT D 6/20/2019 < 0.01%ITALY GOVT SW SP HUS 6/20/2019 < 0.01%FANNIE MAE 3/01/2037 < 0.01%CD ITALY GOVT SW SP GST 6/20/2019 < 0.01%FREDDIE MAC 11/01/2033 < 0.01%FANNIE MAE 11/01/2032 < 0.01%SWEDISH KRONA < 0.01%NORWEGIAN KRONE < 0.01%AUSTRALIAN DOLLAR < 0.01%GENERAL MOTORS ESCROW SH < 0.01%IRS BRL ZCS R10.63-CDI 1/02/2017 < 0.01%S FRWD BRC 4/02/2015 < 0.01%S FRWD BRC 4/02/2015 < 0.01%IRO USD 5Y C 1.5600 J 9/02/2014 < 0.01%IRS MXN R TIIEM-6.00M 6/05/2023 < 0.01%INF FLOOR USD CPURNSA 215.9 3/15/2020 < 0.01%IRS MXN R TIIEM-6.00M 6/05/2023 < 0.01%IRO USD 10Y P 3.1000 9/02/2014 < 0.01%IRS BRL ZCS R 10.6-CDI 1/02/2017 < 0.01%IRS BRL ZCS R10.63-CDI 1/02/2017 < 0.01%IRS MXN R TIIEM-5.75 6/05/2023 < 0.01%IRS MXN R TIIEM-5.75 6/05/2023 < 0.01%S FRWD BRC 1/05/2015 < 0.01%INF FLOOR USD CPURNSA 218.0 10/13/2020 < 0.01%IRO USD 10Y C 2.5000 9/02/2014 < 0.01%IRS MXN R TIIEM 5.75 6/05/2023 < 0.01%INF FLOOR USD CPURNSA 215.9 3/12/2020 < 0.01%INF FLOOR USD CPURNSA 217.9 9/29/2020 < 0.01%AST Portfolio Holdings393 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioIRS MXN R TIIEM-5.750 6/05/2023 < 0.01%IRS MXN R TIIEM-5.75 6/05/2023 < 0.01%IRS BRL ZCS R 10.6-CDI 1/02/2017 < 0.01%L FRWD EUR 9/03/2014 < 0.01%L FRWD BRC 8/04/2014 < 0.01%L FRWD MXP 12/18/2014 < 0.01%IRS MXN R 6.810 20Y 6/19/2034 < 0.01%IRO USD 10Y C 2.5500 9/07/2014 < 0.01%INF FLOOR USD CPURNSA 216.6 4/07/2020 < 0.01%IRO USD 10Y C 2.5500 9/06/2014 < 0.01%FEDERAL FUNDS TARGET RATE U < 0.01%IRS MXN R TIIE-5.75 UA 9/02/2022 < 0.01%L FRWD EUR 8/05/2014 < 0.01%L FRWD EUR 8/05/2014 < 0.01%IRO EUR 10Y C 1.2 GLM 1/25/2015 < 0.01%CASH COLLATERAL TBA MSC USD < 0.01%(L) CME 5.500% IRS MXN 9/02/2022 < 0.01%IRS BRL ZCS R 8.90-CDI 1/02/2017 < 0.01%IRS MXN R TIIE-5.75 BR 9/02/2022 < 0.01%IRO USD 10Y P 3.0300 9/09/2014 < 0.01%L FRWD MXP 12/18/2014 < 0.01%S FRWD BRC 4/02/2015 < 0.01%S FRWD BRC 4/02/2015 < 0.01%L FRWD CND 9/18/2014 < 0.01%IRS BRL ZCS R 9.095-CDI 1/02/2017 < 0.01%L FRWD CND 9/18/2014 < 0.01%OTC EPUT USD VS JPY @ 80.0 2/18/2019 < 0.01%IRO EUR 10Y P 1.6 GLM 1/25/2015 < 0.01%L FRWD MXP 8/25/2014 < 0.01%IRS MXN R TIIE-5.5 MY 9/02/2022 < 0.01%L FRWD MXP 9/23/2014 < 0.01%L FRWD MXP 9/23/2014 < 0.01%L FRWD BRC 8/04/2014 < 0.01%IRS BRL ZCS R 8.86-CDI 1/02/2017 < 0.01%S FRWD EUR 8/01/2014 < 0.01%L FRWD GBP 8/05/2014 < 0.01%L FRWD MXP 12/18/2014 < 0.01%IRO USD 10Y C 2.6 RYL 9/02/2014 < 0.01%IRS MXN R TIIE-5.5 9/02/2022 < 0.01%CASH COLLATERAL < 0.01%IRO USD 5Y P 1.8600 J 9/02/2014 < 0.01%L FRWD BRC 8/04/2014 < 0.01%L FRWD EUR 8/05/2014 < 0.01%(L) CME 6.810% IRS MXN 6/19/2034 < 0.01%CASH SWAP COLLATERAL GOLDMA < 0.01%CDS OTC 1.000% RUSSIA EM SP 9/20/2019 -0.01%IRS USD 1.750 -1Y (GRN 6/15/2017 -0.01%CASH COLLATERAL ISDA -0.01%CASH COLLATERAL FED FUND -0.01%SWAPS COLLATERAL -0.01%CASH COLLATERAL ISDA BRC US -0.02%(L) CME IRS USD FEDL01 1.0 10/15/2017 -0.02%L FRWD EUR 8/05/2014 -0.02%(S) CME 3.500% IRS USD 30Y 12/18/2043 -0.02%Security% of PortfolioFANNIE MAE 8/01/2041 -0.04%CASH COLLATERAL ISDA -0.08%(S) CME IRS USD R 3ML 4.25% 6/15/2041 -0.24%AST Portfolio Holdings394 of 635

AST PIMCO Total Return Bond PortfolioSecurity% of PortfolioEDZ5 90DAY EURO$ FUTR 12/19/2015 18.04%TYU4 US 10YR NOTE (CBT) 10/05/2014 10.86%EDU5 90DAY EURO$ FUTR 9/19/2015 9.86%EDH6 90DAY EURO$ FUTR 3/19/2016 7.43%EDU6 90DAY EURO$ FUTR 9/24/2016 5.24%EDH7 90DAY EURO$ FUTR 3/18/2017 3.97%EDM6 90DAY EURO$ FUTR 6/18/2016 3.73%EDZ6 90DAY EURO$ FUTR 12/24/2016 1.61%TSY INFL IX N/B 1/15/2025 1.39%EDM7 90DAY EURO$ FUT 6/24/2017 0.93%TSY INFL IX N/B 1/15/2029 0.88%BTPS 8/01/2016 0.74%BARCLAYS BK NY 5/01/2015 0.73%SPANISH GOV'T 10/31/2015 0.67%SPANISH GOV'T 7/30/2016 0.56%FANNIE MAE 8/01/2041 0.56%MEXICAN CETES 1/08/2015 0.48%BTPS 4/15/2016 0.47%TSY INFL IX N/B 7/15/2021 0.45%BTPS 7/15/2015 0.44%TSY INFL IX N/B 1/15/2028 0.43%FANNIE MAE 8/01/2041 0.41%US T NOTE .13% 8/01/2014 0.40%BRAZIL-LTN 1/01/2015 0.39%GMAC CAP TR I 0.39%BELLSOUTH CORP 4/26/2015 0.37%CITIGROUP INC 5/01/2017 0.36%BTPS 5/15/2016 0.31%UNIV OF CALIFORNIA CA RGTS 5/15/2049 0.31%FANNIE MAE 5/25/2042 0.31%FREDDIE MAC 1/13/2022 0.31%JPMORGAN CHASE 2/15/2017 0.30%FREDDIE MAC 8/01/2041 0.30%INTESA SANPAOLO 2/24/2021 0.29%TSY INFL IX N/B 1/15/2022 0.29%BTPS 8/01/2015 0.29%FED HM LN BK DISC NT 10/22/2014 0.29%VODAFONE DISC NT 0% 4/01/2015 0.29%BTPS 11/01/2015 0.28%ING BANK NV 1/04/2016 0.28%SPANISH GOV'T 7/30/2015 0.28%SPRINGLEAF FIN 12/15/2017 0.27%FANNIE MAE 8/16/2027 0.27%MACQUARIE BK LTD 5/01/2015 0.26%US T NOTE .07% 8/04/2014 0.24%NORTHERN ROCK CO 6/22/2017 0.24%ECHOSTAR DBS 10/01/2014 0.23%FANNIE MAE 6/01/2038 0.23%MEXICAN BONOS 12/18/2014 0.22%SLM CORP 11/14/2014 0.22%CTZS 4/29/2016 0.21%GCCFC COMMERCIAL MORTGAGE T 4/10/2037 0.21%NATL AUSTRALIABK 6/30/2017 0.21%DALLAS TX CONVENTION CENTER 1/01/2042 0.20%Security% of PortfolioMORGAN STANLEY 4/25/2018 0.20%FREDDIE MAC 7/15/2041 0.20%HCA INC 1/15/2015 0.20%CITIBANK OMNI MASTER TRUST 8/15/2018 0.20%SPANISH GOV'T 1/31/2016 0.19%CALIFORNIA ST 4/01/2034 0.19%JPMORGAN CHASE 3/01/2016 0.19%WELLS FARGO MORTGAGE BACKED 1/25/2034 0.19%SUMITOMO MITSUI 7/11/2017 0.19%CTZS 6/30/2015 0.19%FREDDIE MAC 4/15/2041 0.18%FVU4 US 5YR NOTE(CBT) 10/08/2014 0.18%QUEBEC PROVINCE 12/01/2020 0.18%CALIFORNIA ST 4/01/2039 0.17%TSY INFL IX N/B 7/15/2020 0.17%VERIZON COMM INC 6/09/2017 0.17%LLOYDS BANK PLC 12/16/2049 0.17%BRAZIL-LTN 10/01/2015 0.17%BNP PARIBAS 11/07/2015 0.17%TSY INFL IX N/B 1/15/2027 0.16%FREDDIE MAC 9/29/2017 0.16%AMERICAN MUNI PWR-OHIO INC 2/15/2050 0.16%MET GOVT NASHVILLE & DAVIDS 7/01/2041 0.16%HILLMARK FUNDING 5/21/2021 0.16%FANNIE MAE 9/01/2039 0.15%FREDDIE MAC 10/02/2019 0.15%FANNIE MAE 10/01/2040 0.15%SBERBANK 7/07/2015 0.15%USU4 US LONG BOND (CBT) 10/05/2014 0.15%RESIDENTIAL ACCREDIT LOANS, 6/25/2037 0.14%US T NOTE .13% 8/01/2014 0.14%TBA 4.50% 9/14/2040 0.14%FORD MOTOR CRED 9/15/2015 0.14%LOS ANGELES CNTY CA PUBLIC 8/01/2040 0.14%JPMORGAN CHASE 2/26/2016 0.14%FANNIE MAE 9/18/2027 0.14%PRINCIPAL LFE II 5/19/2017 0.14%FANNIE MAE 8/12/2040 0.14%ONTARIO PROVINCE 6/02/2021 0.13%SOUTHERN GAS NET 10/21/2015 0.13%CHICAGO IL TRANSIT AUTH SAL 12/01/2040 0.13%BRIT COLUMBIA 4/25/2017 0.13%VODAFONE DISC NT 0% 4/01/2015 0.13%FREDDIE MAC 3/08/2017 0.13%ORANGE CNTY CA LOCAL TRANSP 2/15/2041 0.13%FORD MOTOR CRED 11/08/2016 0.12%BANK OF AMER CRP 4/01/2015 0.12%BANK OF AMER CRP 3/17/2016 0.12%COM BK AUSTRALIA 9/18/2015 0.12%LOS ANGELES CA UNIF SCH DIS 7/01/2034 0.11%FANNIE MAE 10/01/2040 0.11%GAZPROM 11/29/2015 0.11%TORONTO DOM BANK 9/09/2016 0.11%VERIZON COMM INC 9/15/2016 0.11%AST Portfolio Holdings395 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioQUEBEC PROVINCE 12/01/2021 0.10%(S) CME 2.750% IRS USD 30Y 6/19/2043 0.10%FREDDIE MAC 7/28/2017 0.10%EKSPORTFINANS 5/25/2016 0.10%FREDDIE MAC 8/01/2019 0.10%FORD MOTOR CRED 4/15/2015 0.10%SPANISH GOV'T 4/30/2017 0.10%BTPS 5/15/2017 0.10%FANNIE MAE 4/27/2017 0.10%FANNIE MAE 8/01/2041 0.10%RABOBANK NED NY 6/12/2015 0.10%KOREA ELEC PWR 10/05/2015 0.09%S FRWD EUR 8/05/2014 0.09%FANNIE MAE 6/01/2029 0.09%ALLY FINANCIAL 9/15/2020 0.09%ENTERGY CORP 9/15/2015 0.09%CALIFORNIA ST STWD CMNTYS D 5/15/2040 0.09%FANNIE MAE 5/11/2017 0.09%SMALL BUSINESS ADMINISTRATI 5/01/2029 0.09%LB-UBS COMMERCIAL MORTGAGE 9/15/2045 0.09%CITIGROUP INC 10/15/2014 0.08%FREMONT HOME LOAN TRUST 2/25/2037 0.08%BANCO BILBAO NY 5/16/2016 0.08%MERILL LYNCH 4/25/2018 0.08%TSY INFL IX N/B 1/15/2026 0.08%UNIV OF CALIFORNIA CA RGTS 5/15/2031 0.08%FANNIE MAE 2/08/2018 0.08%RIVERSIDE CA ELEC REVENUE 10/01/2040 0.07%FREDDIE MAC 3/15/2034 0.07%CTZS 12/31/2015 0.07%CHICAGO IL TRANSIT AUTH SAL 12/01/2040 0.07%BANK OF AMER CRP 9/01/2015 0.07%BEAR STEARNS ADJUSTABLE RAT 8/25/2035 0.07%MLCC MORTGAGE INVESTORS INC 10/25/2035 0.07%RABOBANK NED NY 4/28/2017 0.07%SLM CORP 1/25/2017 0.07%JPMORGAN CHASE 4/25/2018 0.07%FREDDIE MAC 3/27/2019 0.07%FANNIE MAE 9/14/2040 0.07%CIFC FUNDING LTD 5/10/2021 0.07%TSY INFL IX N/B 1/15/2021 0.07%ONTARIO PROVINCE 6/02/2020 0.06%SMALL BUSINESS ADMINISTRATI 11/01/2027 0.06%US T BOND .13% 8/01/2014 0.06%US TIPS .13% 8/01/2014 0.06%CALIFORNIA ST 11/01/2040 0.06%VERIZON COMM INC 9/14/2018 0.06%BARCLAYS PLC 9/15/2019 0.06%GERDAU HLDGS INC 1/20/2020 0.06%BANCO SANTAN BS 1/14/2016 0.06%BRAZIL-LTN 4/01/2015 0.06%MET GOVT NASHVILLE & DAVIDS 7/01/2037 0.06%FANNIE MAE 5/01/2041 0.06%BAY AREA CA TOLL AUTH TOLL 4/01/2050 0.05%Security% of PortfolioFREDDIE MAC 7/15/2041 0.05%FANNIE MAE 6/01/2026 0.05%RABOBANK 3/19/2020 0.05%ITAU UNIBANCO 1.38% 10/31/2014 0.05%MASSACHUSETTS ST PORT AUTH 7/01/2037 0.05%MORGAN STANLEY 10/15/2015 0.05%FREDDIE MAC 11/01/2037 0.05%BBVA BANCOMER SA 3/10/2021 0.05%FANNIE MAE 6/01/2029 0.05%FANNIE MAE 1/01/2037 0.05%FORD MOTOR CRED 5/15/2015 0.05%CITIGROUP INC 1/15/2016 0.05%FANNIE MAE 8/28/2017 0.05%JP MORGAN CHASE 5/31/2017 0.05%FANNIE MAE 9/01/2041 0.05%FANNIE MAE 4/01/2026 0.05%SPANISH GOV'T 10/31/2016 0.05%PRINCIPAL LIFE 4/27/2015 0.05%FANNIE MAE 1/30/2017 0.05%US T NOTE .13% 8/01/2014 0.05%FANNIE MAE 7/01/2041 0.05%FANNIE MAE 6/01/2029 0.05%DEUTSCHE ALT-A SECURITIES I 8/25/2047 0.05%ARRAN RESIDENTIAL MORTGAGES 5/16/2047 0.05%CREDIT AGRICOLE 12/13/2049 0.04%NEW JERSEY ST TURNPIKE AUTH 1/01/2041 0.04%FREDDIE MAC 5/12/2017 0.04%COUNTRYWIDE ALTERNATIVE LOA 10/25/2033 0.04%IOWA ST SPL OBLG 6/01/2034 0.04%SLM CORP 1/25/2016 0.04%CITIGROUP INC 1/15/2015 0.04%FREDDIE MAC 2/01/2038 0.04%CLARK CNTY NV ARPT REVENUE 7/01/2045 0.04%FANNIE MAE 9/01/2040 0.04%FANNIE MAE 8/01/2029 0.04%ST BK INDIA/LON 7/27/2015 0.04%STRUCTURED ASSET INVESTMENT 8/25/2035 0.04%THORNBURG MORTGAGE SECURITI 10/25/2046 0.04%CREDIT AGRICOLE 4/15/2016 0.04%GEN ELEC CAP CRP 11/15/2067 0.04%RFCSP STRIP PRIN 10/15/2019 0.04%BANCO SANTANDER 11/09/2022 0.04%FANNIE MAE 6/01/2024 0.04%ALLY FINANCIAL 2.75% 1/30/2017 0.04%BANK OF AMER CRP 10/09/2015 0.04%ONTARIO PROVINCE 6/02/2022 0.04%FORD MOTOR CREDIT CO 4(2) D 10/06/2014 0.04%FANNIE MAE 9/01/2027 0.04%BANK OF AMER CRP 8/01/2016 0.04%FANNIE MAE 9/01/2041 0.04%FREDDIE MAC 4/01/2041 0.04%ENERGY FUTURE INTERMEDIAT T 4/28/2016 0.04%FORD MOTOR CRED 8/15/2017 0.04%LEHMAN XS TRUST 2/25/2037 0.04%AST Portfolio Holdings396 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioAMER INTL GROUP 3/15/2037 0.04%FANNIE MAE 5/01/2022 0.04%UBS PFD FDG V 5/29/2049 0.03%BTPS 6/15/2015 0.03%US BANK NA OHIO 4/22/2016 0.03%FANNIE MAE 3/01/2035 0.03%INTL LEASE FIN 9/01/2016 0.03%MAJAPAHIT HOLD 1/20/2020 0.03%FANNIE MAE 5/01/2039 0.03%NORTH CAROLINA ST TURNPIKE 1/01/2039 0.03%BEAR STEARNS CO 10/30/2015 0.03%FANNIE MAE 7/01/2036 0.03%FANNIE MAE 10/01/2040 0.03%CALIFORNIA ST UNIV REVENUE 11/01/2041 0.03%BANK OF AMERICA 5/08/2017 0.03%MASTR ASSET BACKED SECURITI 6/25/2035 0.03%PARK PLACE SECURITIES INC 9/25/2034 0.03%PETROBRAS INTL 3/15/2019 0.03%FANNIE MAE 10/01/2041 0.03%MORGAN STANLEY CAPITAL INC 7/25/2037 0.03%PETROBRAS INTL 1/27/2021 0.03%CITIGROUP INC 5/07/2015 0.03%FANNIE MAE 4/01/2024 0.03%AMER GENL FIN 9/15/2017 0.03%ILLINOIS ST MUNI ELEC AGY P 2/01/2035 0.03%FANNIE MAE 8/01/2025 0.03%FANNIE MAE 6/01/2028 0.03%BTPS 12/01/2015 0.03%(L) CME 3.000% IRS USD 1Y 9/21/2017 0.03%HCA INC TL B52.9% 3/31/2017 0.03%MAJAPAHIT HOLD 6/28/2017 0.03%RESIDENTIAL ASSET MORTGAGE 12/25/2033 0.03%GECC/LJ VP HOLD 6/18/2019 0.03%FANNIE MAE 9/01/2035 0.03%FANNIE MAE 6/01/2029 0.03%FANNIE MAE 6/01/2029 0.03%FANNIE MAE 12/01/2036 0.03%JP MORGAN CHASE 6/13/2016 0.03%FANNIE MAE 12/01/2036 0.03%CREDIT SUISSE MORTGAGE TRUS 2/25/2037 0.03%FANNIE MAE 8/01/2037 0.03%FREDDIE MAC 4/01/2038 0.03%FANNIE MAE 4/01/2036 0.03%COUNTRYWIDE ALTERNATIVE LOA 5/25/2047 0.03%CRED SUIS NY 3/17/2015 0.03%BANK OF MONTREAL 6/09/2015 0.03%FANNIE MAE 4/01/2039 0.03%CODELCO INC 1/15/2019 0.03%NATIONWIDE BLDG 2/25/2020 0.03%FORD MOTOR CRED 5/15/2015 0.03%COUNTRYWIDE HOME LOANS 2/20/2035 0.03%BRAZIL-LTN 1/01/2017 0.03%CHASE MORTGAGE FINANCE CORP 5/25/2037 0.03%BEAR STEARNS ASSET BACKED S 6/25/2036 0.02%Security% of PortfolioSTRUCTURED ADJUSTABLE RATE 1/25/2035 0.02%ONTARIO PROVINCE 4/14/2020 0.02%GRANM 2007-1 3A2 1MEUR + 10 12/20/2054 0.02%FANNIE MAE 9/01/2026 0.02%BBVA BANCOMER SA 3/10/2016 0.02%FANNIE MAE 8/01/2033 0.02%CITIGROUP INC 5/19/2015 0.02%BANK OF AMER CRP 8/25/2014 0.02%COUNTRYWIDE ASSET-BACKED CE 12/25/2035 0.02%FREDDIE MAC 1/01/2039 0.02%PUBLIC PWR GENERATION AGY N 1/01/2041 0.02%FANNIE MAE 6/01/2024 0.02%RAAC SERIES 9/25/2045 0.02%BTPS 3/26/2016 0.02%CREDIT SUISSE MORTGAGE TRUS 12/15/2039 0.02%FANNIE MAE 12/01/2024 0.02%COUNTRYWIDE ALTERNATIVE LOA 6/25/2036 0.02%STRUCTURED ASSET SECURITIES 9/25/2036 0.02%FHLMC STRUCTURED PASS THROU 12/25/2036 0.02%BANCO NAC DESENV 9/15/2017 0.02%VERIZON COMM INC 9/15/2016 0.02%FANNIE MAE 6/01/2038 0.02%BEAR STEARNS ADJUSTABLE RAT 11/25/2034 0.02%FANNIE MAE 4/01/2029 0.02%FANNIE MAE 2/01/2035 0.02%J.P. MORGAN ALTERNATIVE LOA 12/27/2036 0.02%QUEBEC PROVINCE 8/25/2021 0.02%GRANITE MORTGAGES PLC. 9/20/2044 0.02%TSY INFL IX N/B 7/15/2023 0.02%MISSISSIPPI ST DEV BANK SPL 1/01/2033 0.02%RESIDENTIAL FUNDING MTG SEC 9/25/2035 0.02%FIRST NLC TRUST 8/25/2037 0.02%FANNIE MAE 5/01/2041 0.02%GALAXY CLO LTD 4/25/2019 0.02%FANNIE MAE 2/01/2027 0.02%VERIZON VIRGINIA 1/15/2022 0.02%FANNIE MAE 7/01/2029 0.02%FANNIE MAE 9/25/2035 0.02%FANNIE MAE 3/01/2026 0.02%BEAR STEARNS STRUCTURED PRO 1/26/2036 0.02%BRASKEM FIN LTD 4/15/2021 0.02%ONTARIO PROVINCE 6/02/2018 0.02%CHICAGO IL TRANSIT AUTH SAL 12/01/2040 0.02%GOVERNMENT NATIONAL MORTGAG 3/15/2039 0.02%FANNIE MAE 11/01/2043 0.02%FANNIE MAE 11/01/2041 0.02%CALIFORNIA ST INFRASTRUCTUR 5/15/2049 0.02%BANK OF CHINA HK 2/11/2020 0.02%CIFC FUNDING LTD 3/01/2021 0.02%NOVATEK OAO 2/03/2016 0.02%NATL WESTMSTR BK 9/09/2015 0.02%FANNIE MAE 5/01/2036 0.02%US T NOTE .13% 8/01/2014 0.02%FANNIE MAE 1/01/2027 0.02%AST Portfolio Holdings397 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioGOVERNMENT NATIONAL MORTGAG 2/15/2039 0.02%S FRWD EUR 9/03/2014 0.02%VERIZON COMM INC 9/14/2018 0.02%GMAC LLC 12/01/2014 0.02%ADJUSTABLE RATE MORTGAGE TR 9/25/2035 0.02%PRUDENTIAL CORE INVESTMENT 0.02%COUNTRYWIDE ALTERNATIVE LOA 2/20/2047 0.02%FANNIE MAE 9/01/2036 0.02%FANNIE MAE 9/01/2037 0.02%FANNIE MAE 11/01/2027 0.02%WISCONSIN ST GEN FUND ANNUA 5/01/2018 0.02%FANNIE MAE 4/01/2041 0.02%FANNIE MAE 10/01/2018 0.02%FANNIE MAE 7/01/2041 0.02%ONTARIO PROVINCE 7/16/2018 0.02%RASGAS II 9/30/2020 0.02%KHFC 12/15/2015 0.02%LOS ANGELES CA WSTWTR SYS R 6/01/2039 0.02%FIRST FRANKLIN MTG LOAN ASS 11/25/2035 0.02%EXP-IMP BK KOREA 1/29/2021 0.02%GRANM 2005-4 A5 3MEUR+10 12/20/2054 0.02%ONTARIO PROVINCE 9/27/2019 0.02%GOVERNMENT NATIONAL MORTGAG 9/15/2040 0.02%ONTARIO PROVINCE 7/22/2016 0.02%ODEBRECHT VIII/I 6/30/2021 0.02%FANNIE MAE 11/01/2037 0.02%FREDDIE MAC 8/15/2019 0.02%GOVERNMENT NATIONAL MORTGAG 5/15/2039 0.02%NOMURA ASSET ACCEPTANCE COR 5/25/2035 0.02%GRANM 2007-2 3A2 1MEUR + 10 12/17/2054 0.02%BNC MORTGAGE LOAN TRUST 5/25/2037 0.02%RED OAK POWER 11/30/2019 0.02%HARBORVIEW MORTGAGE LOAN TR 7/19/2035 0.02%GENERAL VALENCIA 7/16/2015 0.02%FANNIE MAE 1/01/2025 0.01%BLACKSTONE CQP HOLDCO LP 3/19/2019 0.01%COUNTRYWIDE HOME LOANS 11/25/2034 0.01%CITIGROUP INC 7/25/2016 0.01%FREDDIE MAC 12/01/2036 0.01%APPLE INC 5/06/2024 0.01%MASTR ASSET BACKED SECURITI 8/25/2036 0.01%GOLDMAN SACHS GP 6/04/2017 0.01%FANNIE MAE 4/25/2037 0.01%ML-CFC COMMERCIAL MORTGAGE 3/12/2051 0.01%FANNIE MAE 4/01/2035 0.01%GOVERNMENT NATIONAL MORTGAG 10/15/2038 0.01%FANNIE MAE 4/01/2025 0.01%MERRILL LYNCH MORTGAGE INVE 2/25/2036 0.01%GSR MORTGAGE LOAN TRUST 3/25/2037 0.01%AERCAP IRELAND C 5/15/2017 0.01%BEAR STEARNS ALT-A TRUST 12/25/2033 0.01%TURKIYE GARANT 2.7747 4/20/2016 0.01%STRUCTURED ASSET MORTGAGE I 8/25/2036 0.01%FREDDIE MAC 3/07/2018 0.01%Security% of PortfolioFANNIE MAE 5/01/2039 0.01%ACCREDITED MORTGAGE LOAN TR 9/25/2035 0.01%FANNIE MAE 5/01/2028 0.01%JP MORGAN MORTGAGE TRUST 7/25/2035 0.01%FANNIE MAE 7/01/2025 0.01%FIFTH THIRD BANK 12/20/2016 0.01%FANNIE MAE 5/01/2041 0.01%BANCO NAC DESENV 9/26/2016 0.01%FANNIE MAE 6/01/2034 0.01%FANNIE MAE 5/21/2018 0.01%FANNIE MAE 4/01/2041 0.01%HCA INC 2.8907% 5/02/2016 0.01%FANNIE MAE 4/01/2040 0.01%GERDAU TRADE INC 1/30/2021 0.01%CITIGROUP INC 4/01/2016 0.01%FANNIE MAE 8/01/2038 0.01%CIT GROUP INC 5/15/2017 0.01%FANNIE MAE 5/01/2025 0.01%CALIFORNIA ST 4/01/2016 0.01%FANNIE MAE 7/01/2041 0.01%FANNIE MAE 7/25/2037 0.01%RESIDENTIAL FUNDING MTG SEC 2/25/2035 0.01%FANNIE MAE 5/01/2033 0.01%FANNIE MAE 6/01/2026 0.01%BEAR STEARNS ALT-A TRUST 5/25/2035 0.01%FANNIE MAE 7/01/2035 0.01%FANNIE MAE 10/01/2033 0.01%JP MORGAN MORTGAGE TRUST 1/25/2036 0.01%FANNIE MAE 11/01/2043 0.01%CASH COLLATERAL CME SAL USD 0.01%BEAR STEARNS ALT-A TRUST 2/25/2034 0.01%FANNIE MAE 6/01/2029 0.01%JP MORGAN CHASE 10/01/2017 0.01%FANNIE MAE 12/01/2035 0.01%CIT GROUP INC 2/15/2015 0.01%CITIGROUP MORTGAGE LOAN TRU 8/25/2035 0.01%FANNIE MAE 9/01/2041 0.01%FANNIE MAE 11/01/2034 0.01%FANNIE MAE 12/01/2040 0.01%FANNIE MAE 6/01/2029 0.01%FREDDIE MAC 7/01/2038 0.01%FANNIE MAE 10/01/2038 0.01%AMER GENL FIN 12/01/2015 0.01%CON-WAY INC 1/15/2018 0.01%FANNIE MAE 3/01/2041 0.01%FANNIE MAE 9/01/2033 0.01%WELLS FARGO MORTGAGE BACKED 3/25/2036 0.01%FREDDIE MAC 8/01/2038 0.01%GSR MORTGAGE LOAN TRUST 11/25/2035 0.01%FREDDIE MAC 1/01/2039 0.01%MLCC MORTGAGE INVESTORS INC 11/25/2035 0.01%FREDDIE MAC 6/29/2017 0.01%MERRILL LYNCH MORTGAGE INVE 5/25/2033 0.01%BANK OF AMER CRP 8/15/2016 0.01%AST Portfolio Holdings398 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 3/01/2041 0.01%FANNIE MAE 2/01/2038 0.01%FANNIE MAE 5/01/2026 0.01%WELLS FARGO MORTGAGE BACKED 12/25/2034 0.01%BANK OF AMERICA 10/15/2036 0.01%WAMU MORTGAGE PASS-THROUGH 10/25/2045 0.01%FANNIE MAE 2/01/2025 0.01%WASHINGTON MUTUAL MORTGAGE 5/25/2046 0.01%FANNIE MAE 5/01/2025 0.01%HCA INC 2/15/2016 0.01%QUEBEC PROVINCE 7/29/2020 0.01%ENTERGY CORP 4(2) DISC NT* 9/05/2014 0.01%GSR MORTGAGE LOAN TRUST 9/25/2035 0.01%FANNIE MAE 2/01/2024 0.01%DALLAS CNTY TX HOSP DIST 8/15/2034 0.01%FREDDIE MAC 4/01/2040 0.01%SLM PRIVATE EDUCATION LOAN 12/16/2019 0.01%FANNIE MAE 9/01/2034 0.01%FANNIE MAE 9/01/2018 0.01%AMER INTL GROUP 8/15/2018 0.01%REGL TRANSPRTN AUTH IL 7/01/2025 0.01%GRANITE MASTER ISSUER PLC 12/20/2054 0.01%GOVERNMENT NATIONAL MORTGAG 11/15/2039 0.01%FANNIE MAE 7/01/2037 0.01%FANNIE MAE 11/01/2021 0.01%FREDDIE MAC 4/15/2029 0.01%FANNIE MAE 2/01/2026 0.01%FANNIE MAE 7/01/2018 0.01%FANNIE MAE 10/01/2031 0.01%FANNIE MAE 9/01/2036 0.01%FANNIE MAE 9/01/2040 0.01%FANNIE MAE 5/01/2024 0.01%BEAR STEARNS STRUCTURED PRO 12/26/2046 0.01%GREENPOINT MORTGAGE PASS-TH 10/25/2033 0.01%BEAR STEARNS ALT-A TRUST 5/25/2035 0.01%FREDDIE MAC 5/15/2036 0.01%FANNIE MAE 9/01/2025 0.01%FANNIE MAE 9/01/2039 0.01%WAMU MORTGAGE PASS-THROUGH 4/25/2037 0.01%BANK ONE CAP III 9/01/2030 0.01%FANNIE MAE 3/01/2038 0.01%FANNIE MAE 2/01/2037 0.01%INTL LEASE FIN 5/15/2016 0.01%MORGAN STANLEY 4/28/2015 0.01%BEAR STEARNS ADJUSTABLE RAT 7/25/2034 0.01%TSY INFL IX N/B 4/15/2028 0.01%FANNIE MAE 2/01/2040 0.01%FANNIE MAE 5/01/2023 0.01%BCAP 2011-RR5 12A1 144A 3/26/2037 0.01%EMC MORTGAGE LOAN TRUST 5/25/2040 0.01%CITIGROUP MORTGAGE LOAN TRU 11/25/2036 0.01%FANNIE MAE 8/01/2018 0.01%S FRWD MXP 1/08/2015 0.01%GOVERNMENT NATIONAL MORTGAG 4/15/2039 0.01%Security% of PortfolioFREDDIE MAC 5/30/2019 0.01%ONTARIO PROVINCE 3/08/2018 0.01%FANNIE MAE 7/01/2041 0.01%FANNIE MAE 6/01/2024 0.01%FREDDIE MAC 11/01/2037 0.01%FANNIE MAE 6/01/2043 0.01%FANNIE MAE 5/01/2024 0.01%S FRWD BRC 1/05/2015 0.01%QUEBEC PROVINCE 12/01/2022 0.01%FANNIE MAE 4/25/2033 0.01%WAMU MORTGAGE PASS-THROUGH 12/25/2046 0.01%IRS MXN R TIIE-5.5 9/13/2017 0.01%FANNIE MAE 9/01/2025 0.01%FREDDIE MAC 8/01/2038 0.01%FANNIE MAE 4/01/2041 0.01%FANNIE MAE 10/01/2041 0.01%STRUCTURED ASSET SECURITIES 2/25/2036 0.01%FANNIE MAE 3/01/2038 0.01%FANNIEMAE GRANTOR TRUST 6/25/2032 0.01%FANNIE MAE 11/01/2035 0.01%CVS PASS-THROUGH 1/10/2030 0.01%FREDDIE MAC 6/01/2038 0.01%TOBACCO SETTLEMENT FING COR 6/01/2032 0.01%FANNIE MAE 9/01/2036 0.01%BEAR STEARNS COMMERCIAL MOR 1/12/2045 0.01%FANNIE MAE 5/01/2041 0.01%FANNIE MAE 9/01/2040 0.01%BANC OF AMERICA MORTGAGE SE 7/25/2034 0.01%FANNIE MAE 8/01/2042 0.01%RASGAS II 9/30/2020 0.01%FANNIE MAE 1/01/2030 0.01%FANNIE MAE 8/01/2033 0.01%FANNIE MAE 3/01/2026 0.01%FANNIE MAE 6/12/2017 0.01%WACHOVIA BANK COMMERCIAL MO 6/15/2020 0.01%FNMA TBA 8/01/2041 0.01%FANNIE MAE 8/01/2026 0.01%FANNIE MAE 6/01/2041 0.01%FANNIE MAE 2/01/2027 0.01%FREDDIE MAC 5/01/2038 0.01%FANNIE MAE 12/01/2038 0.01%FHLMC STRUCTURED PASS THROU 7/25/2044 0.01%ONTARIO PROVINCE 3/08/2017 0.01%FANNIE MAE 5/01/2041 0.01%FREDDIE MAC 8/01/2038 0.01%FANNIE MAE 8/01/2041 0.01%FANNIE MAE 1/01/2042 0.01%FANNIE MAE 12/01/2040 0.01%FANNIE MAE 9/01/2020 0.01%FANNIE MAE 5/01/2040 0.01%FANNIE MAE 10/01/2035 0.01%FANNIE MAE 6/01/2039 0.01%FANNIE MAE 1/01/2042 0.01%FANNIE MAE 6/01/2041 0.01%AST Portfolio Holdings399 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioLEHMAN RECEIVABLES 0.01%FREDDIE MAC 1/01/2038 0.01%FANNIE MAE 12/01/2038 0.01%FANNIE MAE 5/01/2029 0.01%FANNIE MAE 4/01/2037 0.01%FANNIE MAE 8/01/2035 0.01%FANNIE MAE 8/01/2039 0.01%FANNIE MAE 8/01/2035 0.01%INDYMAC INDX MORTGAGE LOAN 12/25/2034 0.01%FANNIE MAE 9/18/2018 0.01%BEAR STEARNS ALT-A TRUST 9/25/2035 0.01%FANNIE MAE 4/01/2039 0.01%FANNIE MAE 9/01/2035 0.01%FANNIE MAE 10/01/2041 0.01%FANNIE MAE 9/01/2041 0.01%CREDIT SUISSE MORTGAGE TRUS 2/15/2040 0.01%FREDDIE MAC 7/15/2019 0.01%FANNIE MAE 8/01/2038 0.01%FANNIE MAE 11/01/2035 0.01%FANNIE MAE 11/01/2038 0.01%FIRST HORIZON MORTGAGE PASS 8/25/2035 0.01%FANNIE MAE 4/01/2024 0.01%FANNIE MAE 6/01/2025 0.01%FORD MOTOR CRED 6/15/2016 0.01%AMERIQUEST MORTGAGE SECURIT 10/25/2034 0.01%FANNIE MAE 10/01/2036 0.01%FANNIE MAE 11/01/2036 0.01%FANNIE MAE 7/01/2042 0.01%FANNIE MAE 2/01/2037 0.01%FANNIE MAE 8/01/2025 0.01%FANNIE MAE 4/01/2037 0.01%FANNIE MAE 9/01/2040 0.01%FANNIE MAE 1/01/2036 0.01%FANNIE MAE 2/01/2041 0.01%BANC OF AMERICA FUNDING COR 1/20/2047 0.01%FREDDIE MAC 7/01/2040 0.01%FANNIE MAE 6/01/2039 0.01%FANNIE MAE 2/01/2042 0.01%FANNIE MAE 1/01/2037 0.01%FANNIE MAE 12/01/2038 0.01%ONTARIO PROVINCE 10/07/2019 0.01%FANNIE MAE 2/01/2031 < 0.01%FANNIE MAE 8/01/2036 < 0.01%GOVERNMENT NATIONAL MORTGAG 12/15/2038 < 0.01%BANC OF AMERICA FUNDING COR 5/25/2035 < 0.01%FANNIE MAE 3/01/2041 < 0.01%FANNIE MAE 8/01/2041 < 0.01%WAMU MORTGAGE PASS-THROUGH 12/25/2046 < 0.01%FANNIE MAE 6/01/2039 < 0.01%AMER INTL GROUP 10/01/2015 < 0.01%FANNIE MAE 7/01/2019 < 0.01%FANNIE MAE 12/01/2025 < 0.01%FANNIE MAE 1/01/2042 < 0.01%FANNIE MAE 2/01/2025 < 0.01%Security% of PortfolioFANNIE MAE 8/01/2041 < 0.01%BANK NOVA SCOTIA 1/30/2017 < 0.01%FANNIE MAE 1/01/2042 < 0.01%FREDDIE MAC 8/23/2017 < 0.01%GSR MORTGAGE LOAN TRUST 6/25/2034 < 0.01%FANNIE MAE 7/01/2041 < 0.01%ASSET BACKED SECURITIES COR 9/25/2034 < 0.01%FANNIE MAE 11/01/2040 < 0.01%FANNIE MAE 5/01/2026 < 0.01%FANNIE MAE 10/01/2039 < 0.01%S FRWD JPY 8/05/2014 < 0.01%ABN AMRO MORTGAGE CORP 1/25/2034 < 0.01%FANNIE MAE 10/01/2041 < 0.01%FANNIE MAE 7/01/2041 < 0.01%LBG CAPITAL NO.1 12/14/2049 < 0.01%FANNIE MAE 2/01/2025 < 0.01%BEAR STEARNS ADJUSTABLE RAT 1/25/2035 < 0.01%FANNIE MAE 6/01/2040 < 0.01%FANNIE MAE 7/01/2035 < 0.01%FANNIE MAE 3/01/2038 < 0.01%MASTR REPERFORMING LOAN TRU 7/25/2035 < 0.01%FANNIE MAE 12/01/2029 < 0.01%FANNIE MAE 5/01/2041 < 0.01%GOVERNMENT NATIONAL MORTGAG 5/15/2039 < 0.01%STRUCTURED ASSET SECURITIES 10/28/2035 < 0.01%FHLMC STRUCTURED PASS THROU 10/25/2044 < 0.01%FANNIE MAE 5/01/2024 < 0.01%FANNIE MAE 8/01/2040 < 0.01%GOVERNMENT NATIONAL MORTGAG 4/15/2039 < 0.01%FANNIE MAE 6/01/2040 < 0.01%FANNIE MAE 7/01/2041 < 0.01%FANNIE MAE 5/01/2041 < 0.01%FANNIE MAE 11/01/2034 < 0.01%WAMU MORTGAGE PASS-THROUGH 11/25/2034 < 0.01%FANNIE MAE 6/01/2037 < 0.01%AMERICAN HOME MORTGAGE INVE 2/25/2045 < 0.01%FREDDIE MAC 1/01/2038 < 0.01%FANNIE MAE 9/01/2037 < 0.01%FANNIE MAE 5/01/2041 < 0.01%FANNIE MAE 5/01/2041 < 0.01%FREDDIE MAC 5/01/2040 < 0.01%FANNIE MAE 4/01/2023 < 0.01%S FRWD BRC 10/02/2015 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FANNIE MAE 2/01/2036 < 0.01%RESIDENTIAL ASSET MORTGAGE 9/25/2036 < 0.01%FANNIE MAE 8/01/2037 < 0.01%FANNIE MAE 10/01/2041 < 0.01%FREDDIE MAC 2/01/2034 < 0.01%FANNIE MAE 6/01/2029 < 0.01%BEAR STEARNS ADJUSTABLE RAT 3/25/2035 < 0.01%GOVERNMENT NATIONAL MORTGAG 2/15/2039 < 0.01%STRUCTURED ADJUSTABLE RATE 8/25/2035 < 0.01%FANNIE MAE 8/01/2022 < 0.01%AST Portfolio Holdings400 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 11/01/2036 < 0.01%FANNIE MAE 3/01/2040 < 0.01%FANNIE MAE 10/01/2036 < 0.01%FANNIE MAE 4/01/2041 < 0.01%GOVERNMENT NATIONAL MORTGAG 8/15/2038 < 0.01%FANNIE MAE 5/01/2042 < 0.01%FANNIE MAE 8/01/2038 < 0.01%FANNIE MAE 9/01/2033 < 0.01%FANNIE MAE 4/01/2029 < 0.01%FANNIE MAE 11/01/2040 < 0.01%FANNIE MAE 4/01/2040 < 0.01%JP MORGAN MORTGAGE ACQUISIT 3/25/2047 < 0.01%GRANITE MORTGAGES PLC. 1/20/2044 < 0.01%FANNIE MAE 5/01/2041 < 0.01%FANNIE MAE 9/01/2025 < 0.01%FANNIE MAE 6/01/2019 < 0.01%FANNIE MAE 10/01/2024 < 0.01%COUNTRYWIDE HOME LOANS 5/20/2036 < 0.01%FANNIE MAE 12/01/2038 < 0.01%FANNIE MAE 12/01/2036 < 0.01%JPMORGAN CHASE 7/05/2016 < 0.01%FANNIE MAE 5/01/2034 < 0.01%FANNIE MAE 6/01/2033 < 0.01%FANNIE MAE 3/01/2031 < 0.01%IRS MXN 7.02 -20Y CME 6/08/2034 < 0.01%FREDDIE MAC 1/01/2027 < 0.01%FANNIE MAE 4/01/2025 < 0.01%UK POUND STERLING < 0.01%FANNIE MAE 7/01/2029 < 0.01%S FRWD MXP 12/18/2014 < 0.01%FANNIE MAE 10/01/2033 < 0.01%FANNIE MAE 6/01/2033 < 0.01%GOVERNMENT NATIONAL MORTGAG 2/15/2039 < 0.01%GOVERNMENT NATIONAL MORTGAG 2/15/2039 < 0.01%WISCONSIN ST GEN FUND ANNUA 5/01/2026 < 0.01%FANNIE MAE 12/01/2018 < 0.01%FANNIE MAE 3/01/2038 < 0.01%FANNIE MAE 2/01/2042 < 0.01%FANNIE MAE 4/01/2029 < 0.01%FANNIE MAE 8/01/2035 < 0.01%FANNIE MAE 4/01/2039 < 0.01%FANNIE MAE 8/01/2039 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FANNIE MAE 4/01/2040 < 0.01%MERRILL LYNCH MORTGAGE BACK 4/25/2037 < 0.01%FANNIE MAE 7/01/2037 < 0.01%FANNIE MAE 6/01/2026 < 0.01%FANNIE MAE 4/01/2037 < 0.01%FANNIE MAE 2/01/2026 < 0.01%FANNIE MAE 11/01/2025 < 0.01%FANNIE MAE 11/01/2033 < 0.01%FANNIE MAE 11/01/2041 < 0.01%FREDDIE MAC 1/01/2037 < 0.01%FANNIE MAE 7/01/2026 < 0.01%Security% of PortfolioMORGAN STANLEY MORTGAGE LOA 4/25/2037 < 0.01%S FRWD EUR 6/15/2015 < 0.01%FANNIEMAE WHOLE LOAN 12/25/2042 < 0.01%GOVERNMENT NATIONAL MORTGAG 5/15/2038 < 0.01%COUNTRYWIDE ALTERNATIVE LOA 11/25/2035 < 0.01%S FRWD BRC 8/04/2014 < 0.01%XUNTA DE GALICIA 4/03/2018 < 0.01%FANNIE MAE 8/01/2020 < 0.01%FANNIE MAE 7/01/2041 < 0.01%FANNIE MAE 8/01/2029 < 0.01%FREDDIE MAC 12/01/2036 < 0.01%UNIV OF CALIFORNIA CA REVEN 5/15/2037 < 0.01%SOUNDVIEW HOME EQUITY LOAN 6/25/2037 < 0.01%FANNIE MAE 1/01/2019 < 0.01%FANNIE MAE 12/25/2036 < 0.01%FANNIE MAE 3/01/2041 < 0.01%WELLS FARGO MORTGAGE BACKED 1/25/2035 < 0.01%FANNIE MAE 9/01/2037 < 0.01%FANNIE MAE 5/01/2033 < 0.01%FANNIE MAE 6/01/2026 < 0.01%MEXICAN PESO < 0.01%FANNIE MAE 5/01/2036 < 0.01%WAMU MORTGAGE PASS-THROUGH 1/25/2037 < 0.01%FANNIE MAE 5/01/2019 < 0.01%FANNIE MAE 9/01/2018 < 0.01%FANNIE MAE 5/01/2040 < 0.01%FANNIE MAE 1/01/2040 < 0.01%FANNIE MAE 8/01/2036 < 0.01%FANNIE MAE 1/01/2041 < 0.01%FANNIE MAE 10/01/2036 < 0.01%FREDDIE MAC 5/15/2028 < 0.01%FANNIE MAE 4/01/2039 < 0.01%FANNIE MAE 12/01/2035 < 0.01%FANNIE MAE 9/01/2035 < 0.01%IRS MXN R TIIE-5.5 9/13/2017 < 0.01%FANNIE MAE 10/01/2025 < 0.01%FANNIE MAE 1/01/2036 < 0.01%FANNIE MAE 2/01/2035 < 0.01%FANNIE MAE 9/01/2036 < 0.01%GOVERNMENT NATIONAL MORTGAG 1/20/2032 < 0.01%FANNIE MAE 6/01/2018 < 0.01%FANNIE MAE 7/01/2018 < 0.01%FREDDIE MAC 9/01/2037 < 0.01%FANNIE MAE 9/01/2039 < 0.01%(L) CME 4.00% IRS USD 5Y 6/19/2024 < 0.01%FANNIE MAE 5/01/2039 < 0.01%FANNIE MAE 6/01/2040 < 0.01%FANNIE MAE 2/01/2041 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FANNIE MAE 1/01/2026 < 0.01%FANNIE MAE 1/01/2042 < 0.01%ACA CLO LTD 7/25/2018 < 0.01%FANNIE MAE 9/01/2041 < 0.01%FANNIE MAE 6/01/2041 < 0.01%AST Portfolio Holdings401 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 7/01/2035 < 0.01%FANNIE MAE 11/01/2040 < 0.01%FANNIE MAE 12/01/2035 < 0.01%WAMU MORTGAGE PASS-THROUGH 9/25/2036 < 0.01%FANNIE MAE 1/01/2036 < 0.01%WAMU MORTGAGE PASS-THROUGH 11/25/2045 < 0.01%HARBORVIEW MORTGAGE LOAN TR 5/19/2035 < 0.01%SEMINOLE CNTY FL WTR & SWR 10/01/2040 < 0.01%FANNIE MAE 4/01/2029 < 0.01%FANNIE MAE 9/01/2040 < 0.01%FANNIE MAE 5/01/2036 < 0.01%FANNIE MAE 9/01/2034 < 0.01%FANNIE MAE 10/01/2029 < 0.01%STRUCTURED ASSET SECURITIES 1/25/2034 < 0.01%FANNIE MAE 5/01/2026 < 0.01%FANNIE MAE 9/01/2040 < 0.01%FANNIE MAE 2/01/2040 < 0.01%FANNIE MAE 1/01/2037 < 0.01%FANNIE MAE 11/01/2041 < 0.01%FANNIE MAE 1/01/2024 < 0.01%FANNIE MAE 3/01/2040 < 0.01%S FRWD EUR 6/27/2016 < 0.01%FANNIE MAE 2/01/2038 < 0.01%FREDDIE MAC 5/01/2038 < 0.01%FANNIE MAE 9/01/2038 < 0.01%FANNIE MAE 12/01/2030 < 0.01%FANNIE MAE 8/01/2038 < 0.01%FANNIE MAE 8/01/2035 < 0.01%GOVERNMENT NATIONAL MORTGAG 11/20/2029 < 0.01%MLCC MORTGAGE INVESTORS INC 10/25/2035 < 0.01%FANNIE MAE 9/01/2025 < 0.01%OOREDOO INTL 10/14/2016 < 0.01%FANNIE MAE 2/01/2037 < 0.01%FANNIE MAE 3/01/2037 < 0.01%S FRWD EUR 6/13/2016 < 0.01%COUNTRYWIDE HOME LOANS 2/20/2036 < 0.01%FANNIE MAE 1/01/2036 < 0.01%WAMU MORTGAGE PASS-THROUGH 12/25/2045 < 0.01%FANNIE MAE 5/01/2040 < 0.01%FANNIE MAE 8/01/2029 < 0.01%FANNIE MAE 1/01/2026 < 0.01%FANNIE MAE 11/01/2043 < 0.01%FANNIE MAE 8/01/2040 < 0.01%BEAR STEARNS COMMERCIAL MOR 2/11/2044 < 0.01%NOMURA ASSET ACCEPTANCE COR 3/25/2047 < 0.01%FANNIE MAE 3/01/2037 < 0.01%MEXICO EM SP MYC 3/20/2016 < 0.01%GOVERNMENT NATIONAL MORTGAG 2/15/2040 < 0.01%FANNIE MAE 11/01/2036 < 0.01%FANNIE MAE 4/01/2040 < 0.01%FANNIE MAE 7/01/2037 < 0.01%NOMURA ASSET ACCEPTANCE COR 3/25/2047 < 0.01%FANNIE MAE 10/01/2043 < 0.01%FANNIE MAE 1/01/2037 < 0.01%Security% of PortfolioFANNIE MAE 6/01/2026 < 0.01%QUEBEC PROVINCE 12/01/2017 < 0.01%TOBACCO SETTLEMENT FING COR 6/01/2042 < 0.01%FANNIE MAE 6/01/2029 < 0.01%FANNIE MAE 8/01/2035 < 0.01%FANNIE MAE 7/01/2018 < 0.01%FANNIE MAE 5/01/2029 < 0.01%FREDDIE MAC 8/01/2037 < 0.01%FANNIE MAE 11/01/2040 < 0.01%FANNIE MAE 3/01/2041 < 0.01%FANNIE MAE 8/01/2038 < 0.01%FANNIE MAE 1/01/2036 < 0.01%FANNIE MAE 8/01/2035 < 0.01%FANNIE MAE 3/01/2028 < 0.01%GOVERNMENT NATIONAL MORTGAG 2/20/2032 < 0.01%FANNIE MAE 2/01/2035 < 0.01%FANNIE MAE 8/01/2040 < 0.01%FANNIE MAE 6/01/2019 < 0.01%GOVERNMENT NATIONAL MORTGAG 11/15/2038 < 0.01%WAMU MORTGAGE PASS-THROUGH 12/25/2046 < 0.01%BRAZILIAN REAL < 0.01%FANNIE MAE 6/01/2036 < 0.01%FANNIE MAE 6/01/2041 < 0.01%GRANITE MORTGAGES PLC. 9/20/2044 < 0.01%HOMEBANC MORTGAGE TRUST 12/25/2036 < 0.01%FANNIE MAE 3/01/2038 < 0.01%FANNIE MAE 9/01/2035 < 0.01%FANNIE MAE 8/01/2035 < 0.01%FANNIE MAE 10/01/2024 < 0.01%FANNIE MAE 3/01/2038 < 0.01%FREDDIE MAC 10/01/2039 < 0.01%SILENUS (EUROP LOAN COND N2 5/15/2019 < 0.01%FANNIE MAE 4/01/2039 < 0.01%FREDDIE MAC 12/01/2034 < 0.01%FANNIE MAE 4/01/2035 < 0.01%GOVERNMENT NATIONAL MORTGAG 1/15/2039 < 0.01%FANNIE MAE 12/01/2036 < 0.01%FANNIE MAE 12/01/2036 < 0.01%FANNIE MAE 6/01/2035 < 0.01%DEUTSCHE ALT-A SECURITIES I 7/25/2036 < 0.01%FANNIE MAE 3/01/2036 < 0.01%FANNIE MAE 8/01/2024 < 0.01%FREDDIE MAC 2/01/2040 < 0.01%FANNIE MAE 4/01/2038 < 0.01%FANNIE MAE 4/01/2029 < 0.01%FANNIE MAE 5/01/2041 < 0.01%FANNIE MAE 10/01/2039 < 0.01%GOVERNMENT NATIONAL MORTGAG 2/15/2039 < 0.01%FANNIE MAE 3/01/2026 < 0.01%FANNIE MAE 5/01/2024 < 0.01%MEXICO EM SP HUS 3/20/2016 < 0.01%FANNIE MAE 8/01/2033 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FANNIE MAE 2/01/2025 < 0.01%AST Portfolio Holdings402 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 10/01/2035 < 0.01%NEW YORK CITY NY MUNI WTR F 6/15/2040 < 0.01%FANNIE MAE 4/01/2037 < 0.01%FANNIE MAE 4/01/2026 < 0.01%FANNIE MAE 9/01/2033 < 0.01%FANNIE MAE 4/01/2034 < 0.01%WAMU MORTGAGE PASS-THROUGH 2/27/2034 < 0.01%MASTR ASSET SECURITIZATION 9/25/2033 < 0.01%SMALL BUSINESS ADMINISTRATI 9/01/2023 < 0.01%FANNIE MAE 1/01/2020 < 0.01%FANNIE MAE 9/01/2038 < 0.01%CHICAGO IL TRANSIT AUTH SAL 12/01/2021 < 0.01%FANNIE MAE 12/01/2038 < 0.01%FANNIE MAE 8/01/2035 < 0.01%FANNIE MAE 8/01/2037 < 0.01%GRANITE MORTGAGES PLC. 1/20/2044 < 0.01%FANNIE MAE 2/01/2026 < 0.01%FREDDIE MAC 11/01/2035 < 0.01%FANNIE MAE 4/01/2039 < 0.01%FREDDIE MAC 6/01/2038 < 0.01%FANNIE MAE 3/01/2026 < 0.01%FANNIE MAE 10/01/2027 < 0.01%FANNIE MAE 7/01/2025 < 0.01%FANNIE MAE 11/01/2041 < 0.01%GOVERNMENT NATIONAL MORTGAG 4/15/2038 < 0.01%FANNIE MAE 10/01/2041 < 0.01%FANNIE MAE 8/01/2039 < 0.01%INDYMAC INDX MORTGAGE LOAN 9/25/2035 < 0.01%FREDDIE MAC 1/01/2038 < 0.01%FANNIE MAE 7/01/2037 < 0.01%FANNIE MAE 6/01/2034 < 0.01%FANNIE MAE 2/01/2038 < 0.01%BEAR STEARNS ALT-A TRUST 3/25/2036 < 0.01%S FRWD EUR 6/15/2015 < 0.01%FANNIE MAE 2/01/2026 < 0.01%COUNTRYWIDE HOME LOANS 10/20/2035 < 0.01%FANNIE MAE 11/01/2035 < 0.01%FREDDIE MAC 10/01/2038 < 0.01%FANNIE MAE 5/01/2040 < 0.01%FANNIE MAE 6/01/2033 < 0.01%FANNIE MAE 3/01/2023 < 0.01%FANNIE MAE 4/01/2037 < 0.01%FANNIE MAE 9/01/2036 < 0.01%STRUCTURED ADJUSTABLE RATE 2/25/2036 < 0.01%FANNIE MAE 5/01/2041 < 0.01%FREDDIE MAC 12/01/2037 < 0.01%FANNIE MAE 6/01/2026 < 0.01%FANNIE MAE 10/01/2036 < 0.01%FANNIE MAE 9/01/2041 < 0.01%FANNIE MAE 12/01/2039 < 0.01%COUNTRYWIDE HOME LOANS 3/25/2036 < 0.01%FANNIE MAE 4/01/2025 < 0.01%FANNIE MAE 2/01/2028 < 0.01%FANNIE MAE 7/01/2040 < 0.01%Security% of PortfolioFANNIE MAE 5/01/2035 < 0.01%FANNIE MAE 4/01/2024 < 0.01%FANNIE MAE 10/01/2041 < 0.01%FANNIE MAE 11/01/2025 < 0.01%GOVERNMENT NATIONAL MORTGAG 3/20/2024 < 0.01%FANNIE MAE 6/01/2035 < 0.01%FANNIE MAE 6/01/2025 < 0.01%GOVERNMENT NATIONAL MORTGAG 2/15/2040 < 0.01%FANNIE MAE 11/01/2032 < 0.01%FANNIE MAE 5/01/2026 < 0.01%FANNIE MAE 7/01/2018 < 0.01%FANNIE MAE 8/01/2039 < 0.01%BRAZIL EM SP DUB 12/20/2015 < 0.01%FREDDIE MAC 2/01/2037 < 0.01%FANNIE MAE 5/01/2026 < 0.01%S FRWD CND 9/18/2014 < 0.01%FANNIE MAE 12/01/2020 < 0.01%FANNIE MAE 3/01/2041 < 0.01%(S) ICE 1.000% CDX IG22 5Y 6/20/2019 < 0.01%S FRWD EUR 6/15/2015 < 0.01%FANNIE MAE 6/01/2031 < 0.01%FANNIE MAE 2/01/2025 < 0.01%GOVERNMENT NATIONAL MORTGAG 7/20/2030 < 0.01%MORGAN STANLEY MORTGAGE LOA 10/25/2036 < 0.01%FANNIE MAE 4/01/2018 < 0.01%CITIGROUP MORTGAGE LOAN TRU 12/25/2035 < 0.01%JP MORGAN MORTGAGE TRUST 2/25/2035 < 0.01%MERRILL LYNCH ALTERNATIVE N 3/25/2037 < 0.01%FANNIE MAE 12/01/2040 < 0.01%GOVERNMENT NATIONAL MORTGAG 1/20/2026 < 0.01%FANNIE MAE 7/01/2035 < 0.01%FANNIE MAE 2/01/2036 < 0.01%BEAR STEARNS ADJUSTABLE RAT 1/25/2034 < 0.01%FANNIE MAE 7/01/2038 < 0.01%FANNIE MAE 6/01/2039 < 0.01%FREDDIE MAC 1/01/2038 < 0.01%IRS MXN R TIIE-5.5 9/13/2017 < 0.01%INDYMAC INDX MORTGAGE LOAN 6/25/2035 < 0.01%FREDDIE MAC 12/01/2036 < 0.01%FANNIE MAE 11/01/2033 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FANNIE MAE 6/01/2026 < 0.01%FANNIE MAE 7/01/2040 < 0.01%FANNIE MAE 3/01/2025 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FANNIE MAE 9/01/2018 < 0.01%FANNIE MAE 10/01/2033 < 0.01%FANNIE MAE 6/01/2038 < 0.01%FANNIE MAE 3/01/2023 < 0.01%FANNIE MAE 1/01/2037 < 0.01%FANNIE MAE 6/01/2030 < 0.01%FANNIE MAE 1/01/2026 < 0.01%FANNIE MAE 9/01/2035 < 0.01%JP MORGAN CHASE COMMERCIAL 7/15/2042 < 0.01%AST Portfolio Holdings403 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 1/01/2018 < 0.01%FANNIE MAE 1/01/2026 < 0.01%FANNIE MAE 12/01/2040 < 0.01%FANNIE MAE 3/01/2020 < 0.01%FANNIE MAE 7/01/2018 < 0.01%FREDDIE MAC 3/01/2037 < 0.01%FREDDIE MAC 2/15/2019 < 0.01%MLCC MORTGAGE INVESTORS INC 12/25/2034 < 0.01%FANNIE MAE 5/01/2038 < 0.01%FANNIE MAE 3/01/2029 < 0.01%FANNIE MAE 6/01/2029 < 0.01%FREDDIE MAC 2/01/2038 < 0.01%FANNIE MAE 1/01/2034 < 0.01%FANNIE MAE 5/01/2024 < 0.01%FANNIE MAE 12/01/2032 < 0.01%FREDDIE MAC 10/01/2037 < 0.01%FREDDIE MAC 5/01/2023 < 0.01%FANNIE MAE 10/01/2019 < 0.01%IRS MXN R TIIE-5.6 MY 9/06/2016 < 0.01%FNCL 5.5 2006 8/01/2037 < 0.01%FREDDIE MAC 11/01/2037 < 0.01%FANNIE MAE 10/01/2028 < 0.01%FANNIE MAE 6/01/2038 < 0.01%FANNIE MAE 3/01/2035 < 0.01%FANNIE MAE 1/01/2041 < 0.01%FANNIE MAE 1/01/2025 < 0.01%FREDDIE MAC 11/01/2037 < 0.01%WAMU MORTGAGE PASS-THROUGH 6/25/2034 < 0.01%FANNIE MAE 11/01/2040 < 0.01%WAMU MORTGAGE PASS-THROUGH 11/25/2042 < 0.01%FANNIE MAE 3/01/2037 < 0.01%FANNIE MAE 3/01/2019 < 0.01%FANNIE MAE 1/01/2042 < 0.01%FANNIE MAE 7/01/2025 < 0.01%FANNIE MAE 3/01/2035 < 0.01%FANNIE MAE 3/01/2036 < 0.01%FANNIE MAE 7/01/2037 < 0.01%FANNIE MAE 1/01/2041 < 0.01%FANNIE MAE 3/01/2041 < 0.01%IRS OTC 5.700% MXN R BOA 1/18/2019 < 0.01%FANNIE MAE 8/01/2022 < 0.01%FANNIE MAE 4/01/2036 < 0.01%FANNIE MAE 12/01/2024 < 0.01%FREDDIE MAC 8/01/2037 < 0.01%JP MORGAN MORTGAGE TRUST 7/25/2035 < 0.01%FANNIE MAE 1/01/2042 < 0.01%FREDDIE MAC 2/01/2038 < 0.01%FANNIE MAE 5/01/2020 < 0.01%FANNIE MAE 5/01/2034 < 0.01%IRS MXN R 6.570 -10Y* 4/19/2024 < 0.01%FANNIE MAE 5/01/2026 < 0.01%TRUCKEE MEADOWS NV WTR AUTH 7/01/2036 < 0.01%FREDDIE MAC 11/01/2037 < 0.01%FANNIE MAE 8/01/2040 < 0.01%Security% of PortfolioWAMU MORTGAGE PASS-THROUGH 9/25/2033 < 0.01%S FRWD EUR 6/15/2015 < 0.01%FANNIE MAE 4/01/2030 < 0.01%FED HM LN BK DISC NT 10/22/2014 < 0.01%PRIME MORTGAGE TRUST 2/25/2034 < 0.01%FANNIE MAE 9/01/2043 < 0.01%FANNIE MAE 5/25/2035 < 0.01%FANNIE MAE 11/01/2041 < 0.01%FANNIE MAE 4/01/2040 < 0.01%FREDDIE MAC 8/01/2037 < 0.01%S FRWD GBP 8/05/2014 < 0.01%FANNIE MAE 12/01/2025 < 0.01%S FRWD GBP 9/03/2014 < 0.01%FANNIE MAE 1/01/2037 < 0.01%FANNIE MAE 2/01/2023 < 0.01%FANNIE MAE 9/01/2039 < 0.01%FANNIE MAE 7/01/2041 < 0.01%FANNIE MAE 11/01/2037 < 0.01%FANNIE MAE 6/01/2037 < 0.01%FANNIE MAE 10/01/2040 < 0.01%FANNIE MAE 7/01/2040 < 0.01%FANNIE MAE 9/01/2020 < 0.01%FANNIE MAE 11/01/2033 < 0.01%FANNIE MAE 5/01/2040 < 0.01%FANNIE MAE 6/01/2038 < 0.01%FHLMC STRUCTURED PASS THROU 2/25/2045 < 0.01%FANNIE MAE 5/01/2026 < 0.01%FANNIE MAE 4/01/2040 < 0.01%FANNIE MAE 8/01/2039 < 0.01%GCCFC COMMERCIAL MORTGAGE T 8/10/2042 < 0.01%FANNIE MAE 5/01/2024 < 0.01%FANNIE MAE 6/01/2035 < 0.01%FANNIE MAE 2/01/2033 < 0.01%S FRWD BRC 9/03/2014 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FANNIE MAE 2/01/2023 < 0.01%FREDDIE MAC 1/01/2037 < 0.01%FANNIE MAE 9/01/2033 < 0.01%FANNIE MAE 5/01/2029 < 0.01%FANNIE MAE 11/01/2037 < 0.01%FANNIE MAE 11/01/2035 < 0.01%FANNIE MAE 1/01/2037 < 0.01%FANNIE MAE 3/01/2039 < 0.01%FANNIE MAE 9/01/2029 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FANNIE MAE 12/01/2036 < 0.01%FANNIE MAE 7/01/2040 < 0.01%FANNIE MAE 1/01/2037 < 0.01%FANNIE MAE 3/01/2035 < 0.01%ACE SECURITIES CORP. 10/25/2036 < 0.01%FREDDIE MAC 2/01/2038 < 0.01%FANNIE MAE 2/01/2020 < 0.01%FANNIE MAE 6/01/2041 < 0.01%FANNIE MAE 7/01/2027 < 0.01%AST Portfolio Holdings404 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 12/01/2036 < 0.01%FANNIE MAE 1/01/2034 < 0.01%FANNIE MAE 12/01/2023 < 0.01%FANNIE MAE 12/01/2024 < 0.01%FANNIE MAE 1/01/2039 < 0.01%FANNIE MAE 2/01/2036 < 0.01%FREDDIE MAC 8/01/2039 < 0.01%FANNIE MAE 2/01/2029 < 0.01%FREDDIE MAC 12/01/2036 < 0.01%FANNIE MAE 11/01/2034 < 0.01%FANNIE MAE 1/01/2037 < 0.01%EUROPEAN CURRENCY < 0.01%FANNIE MAE 7/01/2026 < 0.01%FANNIE MAE 9/01/2023 < 0.01%FANNIE MAE 4/01/2019 < 0.01%FANNIE MAE 12/01/2035 < 0.01%FANNIE MAE 4/01/2026 < 0.01%FANNIE MAE 2/01/2036 < 0.01%FANNIE MAE 8/01/2018 < 0.01%FANNIE MAE 10/01/2035 < 0.01%FREDDIE MAC 1/01/2038 < 0.01%FANNIE MAE 10/01/2041 < 0.01%FREDDIE MAC 12/01/2038 < 0.01%COUNTRYWIDE ALTERNATIVE LOA 10/25/2046 < 0.01%FANNIE MAE 7/01/2040 < 0.01%FREDDIE MAC 10/01/2039 < 0.01%FANNIE MAE 12/01/2027 < 0.01%FANNIE MAE 2/01/2026 < 0.01%S FRWD BRC 8/04/2014 < 0.01%FANNIE MAE 9/01/2036 < 0.01%FANNIE MAE 7/01/2025 < 0.01%U S TREASURY BILLS 11/28/2014 < 0.01%FANNIE MAE 9/01/2040 < 0.01%FANNIE MAE 2/01/2037 < 0.01%FNMA PASS THRU 20YR 8/01/2023 < 0.01%FANNIE MAE 8/01/2035 < 0.01%FREDDIE MAC 10/15/2022 < 0.01%FREDDIE MAC 7/01/2038 < 0.01%FANNIE MAE 6/01/2025 < 0.01%FANNIE MAE 10/01/2036 < 0.01%FANNIE MAE 5/01/2035 < 0.01%FANNIE MAE 2/01/2041 < 0.01%FANNIE MAE 9/01/2042 < 0.01%FANNIE MAE 12/01/2023 < 0.01%FANNIE MAE 12/01/2027 < 0.01%IRS MXN R TIIEM-5.00M 6/11/2018 < 0.01%FANNIE MAE 8/01/2025 < 0.01%FANNIE MAE 2/01/2035 < 0.01%FANNIE MAE 3/01/2035 < 0.01%FANNIE MAE 3/01/2034 < 0.01%FANNIE MAE 12/01/2034 < 0.01%FANNIE MAE 8/01/2035 < 0.01%FANNIE MAE 1/01/2038 < 0.01%FANNIE MAE 12/01/2034 < 0.01%Security% of PortfolioFANNIE MAE 4/01/2024 < 0.01%FANNIE MAE 8/01/2033 < 0.01%S FRWD EUR 6/15/2015 < 0.01%FANNIE MAE 6/01/2024 < 0.01%GOVERNMENT NATIONAL MORTGAG 10/20/2029 < 0.01%FANNIE MAE 4/01/2023 < 0.01%MEXICO EM SP HUS 9/20/2015 < 0.01%FANNIE MAE 1/01/2035 < 0.01%FANNIE MAE 12/01/2036 < 0.01%FANNIE MAE 11/01/2041 < 0.01%FANNIE MAE 7/01/2036 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FREDDIE MAC 1/01/2038 < 0.01%FANNIE MAE 8/01/2033 < 0.01%FREDDIE MAC 12/01/2037 < 0.01%FANNIE MAE 11/01/2033 < 0.01%FANNIE MAE 7/01/2025 < 0.01%FANNIE MAE 6/01/2037 < 0.01%BRAZIL EM SP HUS 9/20/2015 < 0.01%FREDDIE MAC 8/01/2037 < 0.01%MEXICO EM SP BRC 9/20/2015 < 0.01%FANNIE MAE 4/01/2024 < 0.01%FANNIE MAE 6/01/2041 < 0.01%GOVERNMENT NATIONAL MORTGAG 8/20/2023 < 0.01%FREDDIE MAC 1/01/2038 < 0.01%FANNIE MAE 3/01/2021 < 0.01%CREDIT-BASED ASSET SERVICIN 11/25/2036 < 0.01%GOVERNMENT NATIONAL MORTGAG 12/20/2026 < 0.01%FANNIE MAE 4/01/2025 < 0.01%FANNIE MAE 7/01/2028 < 0.01%FANNIE MAE 3/01/2023 < 0.01%WAMU MORTGAGE PASS-THROUGH 12/25/2036 < 0.01%FANNIE MAE 10/01/2035 < 0.01%FANNIE MAE 7/01/2018 < 0.01%FREDDIE MAC 1/15/2023 < 0.01%CDX MEXICO EM SP CBK 6/20/2016 < 0.01%FANNIE MAE 12/01/2033 < 0.01%FREDDIE MAC 10/01/2037 < 0.01%FANNIE MAE 10/01/2034 < 0.01%FANNIE MAE 7/01/2025 < 0.01%FREDDIE MAC 6/01/2026 < 0.01%FANNIE MAE 10/01/2023 < 0.01%FANNIE MAE 8/01/2025 < 0.01%FANNIEMAE WHOLE LOAN 2/25/2044 < 0.01%BRAZIL EM SP BRC 9/20/2015 < 0.01%LONG BEACH MORTGAGE LOAN TR 10/25/2034 < 0.01%FANNIE MAE 9/01/2017 < 0.01%THORNBURG MORTGAGE SECURITI 4/25/2043 < 0.01%FANNIE MAE 12/01/2035 < 0.01%FANNIE MAE 9/01/2037 < 0.01%FANNIE MAE 3/01/2035 < 0.01%FREDDIE MAC 4/01/2038 < 0.01%FREDDIE MAC 4/01/2036 < 0.01%FANNIE MAE 11/01/2036 < 0.01%AST Portfolio Holdings405 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 3/01/2038 < 0.01%FANNIE MAE 6/01/2035 < 0.01%FANNIE MAE 7/01/2025 < 0.01%FANNIE MAE 1/01/2037 < 0.01%US T BILLS .077% 8/21/2014 < 0.01%FANNIE MAE 1/01/2033 < 0.01%FANNIE MAE 9/01/2018 < 0.01%FREDDIE MAC 1/01/2036 < 0.01%FANNIE MAE 8/01/2027 < 0.01%FANNIE MAE 2/01/2029 < 0.01%FANNIE MAE 6/01/2040 < 0.01%FANNIE MAE 5/01/2037 < 0.01%FANNIE MAE 3/01/2037 < 0.01%MEXICO EM SP CBK 3/20/2016 < 0.01%FANNIE MAE 10/01/2025 < 0.01%FREDDIE MAC 12/01/2036 < 0.01%FANNIE MAE 10/01/2019 < 0.01%FANNIE MAE 5/01/2028 < 0.01%FANNIE MAE 3/01/2037 < 0.01%FANNIE MAE 1/01/2038 < 0.01%FANNIEMAE WHOLE LOAN 3/25/2044 < 0.01%FANNIE MAE 4/01/2033 < 0.01%FANNIE MAE 11/01/2028 < 0.01%FANNIE MAE 10/01/2024 < 0.01%FANNIE MAE 7/01/2035 < 0.01%FANNIE MAE 4/01/2037 < 0.01%FANNIE MAE 5/01/2037 < 0.01%FANNIE MAE 10/01/2035 < 0.01%FANNIE MAE 3/01/2036 < 0.01%FANNIE MAE 12/01/2028 < 0.01%FANNIE MAE 5/01/2026 < 0.01%FANNIE MAE 11/01/2028 < 0.01%FANNIE MAE 11/01/2020 < 0.01%FANNIE MAE 5/01/2025 < 0.01%FANNIE MAE 6/01/2041 < 0.01%FANNIE MAE 10/01/2035 < 0.01%FANNIE MAE 5/01/2035 < 0.01%FANNIE MAE 10/01/2027 < 0.01%BEAR STEARNS ADJUSTABLE RAT 2/25/2033 < 0.01%MORGAN STANLEY REREMIC TRUS 8/12/2045 < 0.01%FANNIE MAE 11/01/2032 < 0.01%FANNIE MAE 8/01/2036 < 0.01%FANNIE MAE 5/01/2041 < 0.01%FANNIE MAE 8/01/2040 < 0.01%FREDDIE MAC 9/01/2038 < 0.01%GOVERNMENT NATIONAL MORTGAG 9/20/2023 < 0.01%FANNIE MAE 7/01/2034 < 0.01%FANNIE MAE 3/01/2035 < 0.01%FANNIE MAE 12/01/2035 < 0.01%FANNIE MAE 8/01/2033 < 0.01%IRS MXN R TIIEM-5.00M 6/11/2018 < 0.01%GOVERNMENT NATIONAL MORTGAG 12/20/2025 < 0.01%FANNIE MAE 10/01/2041 < 0.01%FANNIE MAE 8/01/2030 < 0.01%Security% of PortfolioSOUNDVIEW HOME EQUITY LOAN 11/25/2036 < 0.01%FANNIE MAE 4/01/2035 < 0.01%FANNIE MAE 12/01/2035 < 0.01%METLIFE INC SNR S* SP BOA 12/20/2014 < 0.01%IRS MXN R TIIE-6.35 6/02/2021 < 0.01%FIRST HORIZON ALTERNATIVE M 9/25/2035 < 0.01%FANNIE MAE 4/01/2030 < 0.01%COUNTRYWIDE HOME LOANS 2/25/2036 < 0.01%UAL 1991 TRUST 3/22/2099 < 0.01%FANNIE MAE 10/01/2023 < 0.01%JP MORGAN MORTGAGE TRUST 2/25/2034 < 0.01%FANNIE MAE 3/01/2037 < 0.01%FANNIE MAE 10/01/2029 < 0.01%FANNIE MAE 11/01/2035 < 0.01%FANNIE MAE 9/01/2040 < 0.01%FANNIE MAE 7/01/2037 < 0.01%FREDDIE MAC 10/01/2036 < 0.01%FANNIE MAE 1/01/2037 < 0.01%FANNIE MAE 2/01/2035 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FANNIE MAE 9/01/2021 < 0.01%FANNIE MAE 5/01/2037 < 0.01%FANNIE MAE 5/01/2022 < 0.01%COUNTRYWIDE ALTERNATIVE LOA 5/25/2036 < 0.01%FANNIE MAE 10/01/2040 < 0.01%FANNIE MAE 2/01/2037 < 0.01%FANNIE MAE 9/01/2038 < 0.01%SMALL BUSINESS ADMINISTRATI 6/01/2024 < 0.01%FANNIE MAE 12/01/2025 < 0.01%FANNIE MAE 3/01/2034 < 0.01%FANNIE MAE 7/01/2040 < 0.01%RESIDENTIAL ACCREDIT LOANS, 5/25/2037 < 0.01%FANNIE MAE 9/01/2035 < 0.01%FANNIE MAE 11/01/2035 < 0.01%FANNIE MAE 12/01/2041 < 0.01%UNITED STATES OF AMERICA SW 3/20/2016 < 0.01%GOVERNMENT NATIONAL MORTGAG 11/20/2026 < 0.01%FANNIE MAE 2/01/2041 < 0.01%FANNIE MAE 5/01/2040 < 0.01%FANNIE MAE 6/01/2024 < 0.01%STRUCTURED ASSET MORTGAGE I 5/25/2046 < 0.01%FANNIE MAE 8/01/2037 < 0.01%FANNIE MAE 5/01/2025 < 0.01%FANNIE MAE 4/01/2022 < 0.01%FANNIE MAE 10/01/2036 < 0.01%FANNIE MAE 7/01/2035 < 0.01%FANNIE MAE 7/01/2041 < 0.01%FANNIE MAE 5/01/2029 < 0.01%FANNIE MAE 3/01/2026 < 0.01%FANNIE MAE 12/01/2036 < 0.01%FANNIE MAE 5/01/2041 < 0.01%FANNIE MAE 12/01/2024 < 0.01%FANNIE MAE 12/01/2037 < 0.01%FANNIE MAE 9/01/2037 < 0.01%AST Portfolio Holdings406 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 12/01/2024 < 0.01%FREDDIE MAC 6/01/2036 < 0.01%GOVERNMENT NATIONAL MORTGAG 2/20/2027 < 0.01%BRAZIL EM SP HUS 6/20/2015 < 0.01%FANNIE MAE 10/01/2033 < 0.01%FANNIE MAE 3/01/2039 < 0.01%FANNIE MAE 11/01/2023 < 0.01%FANNIE MAE 8/01/2025 < 0.01%CHINA AS SP RYL 6/20/2015 < 0.01%FREDDIE MAC 8/01/2036 < 0.01%FREDDIE MAC 1/01/2038 < 0.01%IRS OTC 5.700% MXN R GLM 1/18/2019 < 0.01%IRS OTC 5.700% MXN R JPM 1/18/2019 < 0.01%FANNIE MAE 3/01/2035 < 0.01%FANNIE MAE 11/01/2020 < 0.01%FANNIE MAE 8/01/2018 < 0.01%FANNIE MAE 3/01/2031 < 0.01%FANNIE MAE 2/01/2037 < 0.01%FANNIE MAE 5/01/2023 < 0.01%INDONESIA AS SP MYC 9/20/2016 < 0.01%FANNIE MAE 1/01/2034 < 0.01%FANNIE MAE 5/25/2033 < 0.01%IRS OTC 5.700% MXN R DUB 1/18/2019 < 0.01%FANNIE MAE 3/01/2034 < 0.01%FANNIE MAE 8/01/2018 < 0.01%FANNIE MAE 8/01/2041 < 0.01%FANNIE MAE 3/01/2026 < 0.01%FANNIE MAE 8/01/2024 < 0.01%FANNIE MAE 8/01/2041 < 0.01%FANNIE MAE 2/01/2026 < 0.01%GENERAL ELECTRIC CAPITAL C 12/20/2015 < 0.01%S FRWD EUR 8/05/2014 < 0.01%FANNIE MAE 10/01/2035 < 0.01%IRS MXN R TIIE-5.6 9/06/2016 < 0.01%FANNIE MAE 7/01/2037 < 0.01%FANNIE MAE 12/01/2025 < 0.01%FANNIE MAE 8/01/2037 < 0.01%FANNIE MAE 7/01/2035 < 0.01%FANNIE MAE 1/01/2035 < 0.01%FANNIE MAE 4/01/2035 < 0.01%FANNIE MAE 10/01/2023 < 0.01%FANNIE MAE 6/01/2038 < 0.01%FANNIE MAE 11/01/2035 < 0.01%FANNIE MAE 1/01/2026 < 0.01%CDX INDONESIA AS SP 6/20/2016 < 0.01%FREDDIE MAC 11/01/2036 < 0.01%FANNIE MAE 3/01/2025 < 0.01%FANNIE MAE 9/01/2040 < 0.01%FANNIE MAE 2/01/2028 < 0.01%FANNIE MAE 8/01/2040 < 0.01%FANNIE MAE 6/01/2039 < 0.01%FANNIE MAE 12/01/2025 < 0.01%FANNIE MAE 7/01/2018 < 0.01%FANNIE MAE 12/01/2035 < 0.01%Security% of PortfolioFANNIE MAE 3/01/2041 < 0.01%FREDDIE MAC 1/01/2038 < 0.01%CDS OTC 1.000% ITALY GOVT C 6/20/2017 < 0.01%FANNIE MAE 1/01/2041 < 0.01%FANNIE MAE 5/01/2035 < 0.01%FANNIE MAE 9/01/2035 < 0.01%FANNIE MAE 8/01/2030 < 0.01%FREDDIE MAC 4/01/2037 < 0.01%FANNIE MAE 9/01/2037 < 0.01%FANNIE MAE 12/01/2036 < 0.01%FANNIE MAE 7/25/2031 < 0.01%FANNIE MAE 1/01/2033 < 0.01%FANNIE MAE 5/01/2028 < 0.01%FANNIE MAE 7/01/2033 < 0.01%FANNIE MAE 6/01/2019 < 0.01%FANNIE MAE 10/01/2036 < 0.01%SECURITIZED ASSET BACKED RE 12/25/2036 < 0.01%FREDDIE MAC 10/01/2037 < 0.01%FANNIE MAE 4/01/2025 < 0.01%S FRWD EUR 8/05/2014 < 0.01%FANNIE MAE 6/01/2028 < 0.01%FANNIE MAE 7/01/2025 < 0.01%FANNIE MAE 12/01/2034 < 0.01%FANNIE MAE 10/01/2038 < 0.01%FANNIE MAE 2/01/2038 < 0.01%FANNIE MAE 4/01/2021 < 0.01%FANNIE MAE 1/01/2037 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FANNIE MAE 12/01/2036 < 0.01%FANNIE MAE 3/01/2039 < 0.01%FANNIE MAE 7/01/2033 < 0.01%FANNIE MAE 3/01/2034 < 0.01%GOVERNMENT NATIONAL MORTGAG 6/20/2022 < 0.01%FREDDIE MAC 3/15/2032 < 0.01%FANNIE MAE 5/01/2020 < 0.01%GREENPOINT MORTGAGE FUNDING 4/25/2036 < 0.01%FANNIE MAE 2/01/2034 < 0.01%STRUCTURED ASSET MORTGAGE I 5/25/2046 < 0.01%BRAZIL EM SP FBF 9/20/2015 < 0.01%FANNIE MAE 5/01/2017 < 0.01%FANNIE MAE 3/01/2023 < 0.01%FANNIE MAE 7/01/2027 < 0.01%FANNIE MAE 5/01/2038 < 0.01%FANNIE MAE 7/01/2028 < 0.01%FANNIE MAE 8/01/2037 < 0.01%FANNIE MAE 6/01/2020 < 0.01%FANNIE MAE 10/01/2030 < 0.01%FANNIE MAE 8/01/2037 < 0.01%BEAR STEARNS ADJUSTABLE RAT 4/25/2033 < 0.01%FANNIE MAE 11/01/2036 < 0.01%FREDDIE MAC 8/01/2039 < 0.01%FANNIE MAE 5/01/2037 < 0.01%FANNIE MAE 12/01/2020 < 0.01%FREDDIE MAC 1/01/2038 < 0.01%AST Portfolio Holdings407 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 8/01/2015 < 0.01%FANNIE MAE 4/01/2037 < 0.01%FNMA PASS THRU DWARF #88 8/01/2018 < 0.01%FANNIE MAE 1/01/2042 < 0.01%FREDDIE MAC 3/01/2040 < 0.01%FANNIE MAE 9/01/2036 < 0.01%S FRWD BRC 8/04/2014 < 0.01%FANNIE MAE 11/01/2033 < 0.01%FANNIE MAE 7/01/2020 < 0.01%FANNIE MAE 11/01/2033 < 0.01%FANNIE MAE 9/01/2034 < 0.01%FANNIE MAE 9/01/2035 < 0.01%FANNIE MAE 3/01/2035 < 0.01%FREDDIE MAC 5/01/2037 < 0.01%FANNIE MAE 1/01/2037 < 0.01%FANNIE MAE 6/01/2035 < 0.01%FANNIE MAE 5/01/2019 < 0.01%FANNIE MAE 3/01/2035 < 0.01%FREDDIE MAC 8/01/2038 < 0.01%FANNIE MAE 3/01/2026 < 0.01%FANNIE MAE 5/01/2025 < 0.01%FREMONT HOME LOAN TRUST 1/25/2037 < 0.01%BRAZIL EM SP FBF 6/20/2015 < 0.01%FANNIE MAE 12/01/2036 < 0.01%DSLA MORTGAGE LOAN TRUST 7/19/2045 < 0.01%FANNIE MAE 1/01/2041 < 0.01%FANNIE MAE 11/01/2040 < 0.01%FANNIE MAE 6/01/2037 < 0.01%INDONESIA AS SP CBK 6/20/2016 < 0.01%FANNIE MAE 12/01/2018 < 0.01%FREDDIE MAC 4/01/2038 < 0.01%FANNIE MAE 11/01/2024 < 0.01%GENERAL ELECTRIC CAPITAL C 3/20/2016 < 0.01%FANNIE MAE 12/01/2034 < 0.01%FANNIE MAE 9/01/2035 < 0.01%FREDDIE MAC 1/01/2038 < 0.01%GOVERNMENT NATIONAL MORTGAG 10/15/2038 < 0.01%FANNIE MAE 2/01/2040 < 0.01%GOVERNMENT NATIONAL MORTGAG 4/20/2023 < 0.01%FANNIE MAE 8/01/2037 < 0.01%FANNIE MAE 5/01/2041 < 0.01%FANNIE MAE 6/01/2020 < 0.01%FANNIE MAE 8/01/2029 < 0.01%FANNIE MAE 11/01/2033 < 0.01%FANNIE MAE 8/01/2026 < 0.01%FANNIE MAE 12/01/2036 < 0.01%FANNIE MAE 4/01/2040 < 0.01%FANNIE MAE 8/01/2035 < 0.01%FANNIE MAE 9/01/2021 < 0.01%FANNIE MAE 8/01/2023 < 0.01%FANNIE MAE 6/01/2042 < 0.01%FANNIE MAE 4/01/2024 < 0.01%FREDDIE MAC 12/01/2036 < 0.01%FREDDIE MAC 12/01/2036 < 0.01%Security% of PortfolioGOVERNMENT NATIONAL MORTGAG 10/20/2024 < 0.01%FREDDIE MAC 10/01/2036 < 0.01%BEAR STEARNS ADJUSTABLE RAT 2/25/2033 < 0.01%FANNIE MAE 8/01/2033 < 0.01%FANNIE MAE 8/01/2041 < 0.01%FANNIE MAE 11/01/2036 < 0.01%FANNIE MAE 6/01/2034 < 0.01%FANNIE MAE 5/01/2026 < 0.01%FANNIE MAE 8/01/2037 < 0.01%FANNIE MAE 7/01/2024 < 0.01%FANNIE MAE 6/01/2037 < 0.01%FANNIE MAE 12/01/2032 < 0.01%FANNIE MAE 6/01/2021 < 0.01%FANNIE MAE 8/01/2033 < 0.01%FANNIE MAE 4/01/2034 < 0.01%FANNIE MAE 7/01/2037 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FANNIE MAE 11/01/2036 < 0.01%S FRWD EUR 8/05/2014 < 0.01%FANNIE MAE 9/01/2016 < 0.01%BRAZIL EM SP DUB 6/20/2015 < 0.01%FANNIE MAE 11/01/2023 < 0.01%S FRWD EUR 8/05/2014 < 0.01%FANNIE MAE 3/01/2023 < 0.01%FANNIE MAE 7/01/2037 < 0.01%FANNIE MAE 5/01/2035 < 0.01%FANNIE MAE 1/01/2028 < 0.01%FANNIE MAE 11/01/2033 < 0.01%FANNIE MAE 12/01/2038 < 0.01%FANNIE MAE 8/01/2035 < 0.01%FANNIE MAE 11/01/2035 < 0.01%FANNIE MAE 5/01/2037 < 0.01%FANNIE MAE 7/01/2036 < 0.01%FANNIE MAE 7/01/2027 < 0.01%FANNIE MAE 3/01/2041 < 0.01%FANNIE MAE 3/01/2036 < 0.01%FANNIE MAE 11/01/2027 < 0.01%FANNIE MAE 1/01/2029 < 0.01%FANNIE MAE 8/01/2036 < 0.01%FREDDIE MAC 10/01/2038 < 0.01%FANNIE MAE 7/01/2039 < 0.01%(L) CME 5.500% IRS MXN 9/13/2017 < 0.01%INDONESIA AS SP UAG 9/20/2016 < 0.01%FANNIE MAE 4/01/2036 < 0.01%GOVERNMENT NATIONAL MORTGAG 4/20/2030 < 0.01%FANNIE MAE 9/01/2033 < 0.01%FREDDIE MAC 3/01/2037 < 0.01%STRUCTURED ASSET SECURITIES 2/25/2032 < 0.01%FANNIE MAE 7/01/2035 < 0.01%GE-WMC MORTGAGE SECURITIES 8/25/2036 < 0.01%FANNIE MAE 9/01/2035 < 0.01%FANNIE MAE 4/01/2039 < 0.01%FANNIE MAE 12/01/2034 < 0.01%FANNIE MAE 4/01/2023 < 0.01%AST Portfolio Holdings408 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 6/01/2037 < 0.01%FANNIE MAE 6/01/2037 < 0.01%CREDIT SUISSE FIRST BOSTON 3/25/2032 < 0.01%FANNIE MAE 11/01/2023 < 0.01%FANNIE MAE 10/01/2035 < 0.01%FANNIE MAE 9/01/2035 < 0.01%FREDDIE MAC 11/15/2016 < 0.01%MEXICO EM SP MYC 6/20/2017 < 0.01%FANNIE MAE 9/01/2039 < 0.01%FANNIE MAE 11/01/2036 < 0.01%GOVERNMENT NATIONAL MORTGAG 7/20/2025 < 0.01%FANNIE MAE 3/01/2022 < 0.01%FANNIE MAE 9/01/2036 < 0.01%CHINA AS SP CBK 12/20/2018 < 0.01%FANNIE MAE 6/01/2024 < 0.01%MEXICO LA SP CBK 6/20/2019 < 0.01%FANNIE MAE 4/01/2036 < 0.01%FANNIE MAE 11/01/2036 < 0.01%FANNIE MAE 4/01/2040 < 0.01%FANNIE MAE 7/01/2037 < 0.01%FANNIE MAE 12/01/2033 < 0.01%FREDDIE MAC 10/01/2037 < 0.01%FANNIE MAE 8/01/2036 < 0.01%FANNIE MAE 3/01/2036 < 0.01%FANNIE MAE 1/01/2041 < 0.01%FANNIE MAE 5/01/2035 < 0.01%FANNIE MAE 12/01/2034 < 0.01%FANNIE MAE 1/01/2042 < 0.01%FREDDIE MAC 8/01/2038 < 0.01%FANNIE MAE 12/01/2035 < 0.01%FANNIE MAE 5/01/2035 < 0.01%IRS MXN R TIIE-5.5 6/11/2018 < 0.01%LEHMAN XS TRUST 11/25/2046 < 0.01%FANNIE MAE 1/01/2034 < 0.01%FANNIE MAE 11/01/2025 < 0.01%FANNIE MAE 5/01/2023 < 0.01%FANNIE MAE 2/01/2025 < 0.01%FREDDIE MAC 9/01/2037 < 0.01%FANNIE MAE 4/01/2025 < 0.01%FANNIE MAE 12/01/2036 < 0.01%FANNIE MAE 8/01/2016 < 0.01%FANNIE MAE 12/01/2019 < 0.01%FANNIE MAE 8/01/2041 < 0.01%FANNIE MAE 4/01/2019 < 0.01%FANNIE MAE 9/01/2017 < 0.01%FANNIE MAE 5/25/2023 < 0.01%FANNIE MAE 7/01/2037 < 0.01%CHINA AS SP CBK 6/20/2015 < 0.01%FANNIE MAE 8/01/2040 < 0.01%FANNIE MAE 1/01/2022 < 0.01%FANNIE MAE 1/01/2040 < 0.01%CD GECC SP DUB 1.000% 9/20/2015 < 0.01%FANNIE MAE 4/01/2023 < 0.01%FANNIE MAE 12/01/2033 < 0.01%Security% of PortfolioCDX BRAZIL EM SP DUB 6/20/2016 < 0.01%FANNIE MAE 12/01/2033 < 0.01%FANNIE MAE 6/01/2040 < 0.01%FANNIE MAE 5/01/2037 < 0.01%FANNIE MAE 7/01/2041 < 0.01%BANC OF AMERICA MORTGAGE SE 10/25/2031 < 0.01%FANNIE MAE 11/01/2036 < 0.01%IRS MXN R TIIE-5.5 6/11/2018 < 0.01%FREDDIE MAC 9/01/2018 < 0.01%FANNIE MAE 4/01/2028 < 0.01%FREDDIE MAC 3/01/2033 < 0.01%FANNIE MAE 5/01/2036 < 0.01%FANNIE MAE 12/01/2025 < 0.01%GOVERNMENT NATIONAL MORTGAG 9/20/2025 < 0.01%FANNIE MAE 3/01/2026 < 0.01%FANNIE MAE 1/01/2024 < 0.01%FANNIE MAE 5/01/2034 < 0.01%BERKSHIRE HATHAWAY FINANCE 3/20/2015 < 0.01%FANNIE MAE 11/01/2040 < 0.01%FANNIE MAE 11/01/2033 < 0.01%FANNIE MAE 7/01/2036 < 0.01%FANNIE MAE 4/01/2039 < 0.01%FANNIE MAE 5/01/2041 < 0.01%FANNIE MAE 7/01/2037 < 0.01%GOVERNMENT NATIONAL MORTGAG 9/20/2024 < 0.01%FANNIE MAE 8/01/2034 < 0.01%US T BILLS .08% 8/14/2014 < 0.01%FANNIE MAE 12/01/2036 < 0.01%FANNIE MAE 6/01/2018 < 0.01%FREDDIE MAC 8/01/2038 < 0.01%FANNIE MAE 12/01/2033 < 0.01%FANNIE MAE 8/01/2025 < 0.01%FANNIE MAE 12/01/2039 < 0.01%GOVERNMENT NATIONAL MORTGAG 5/15/2037 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FANNIE MAE 8/01/2035 < 0.01%FANNIE MAE 3/01/2035 < 0.01%FANNIE MAE 1/01/2038 < 0.01%FANNIE MAE 5/01/2041 < 0.01%FREDDIE MAC 11/01/2033 < 0.01%S FRWD EUR 9/03/2014 < 0.01%FANNIE MAE 10/01/2041 < 0.01%FANNIE MAE 5/01/2040 < 0.01%FANNIE MAE 9/25/2017 < 0.01%FANNIE MAE 7/01/2037 < 0.01%FANNIE MAE 3/01/2030 < 0.01%FANNIE MAE 1/01/2038 < 0.01%FREDDIE MAC 12/01/2028 < 0.01%FANNIE MAE 4/01/2027 < 0.01%FANNIE MAE 12/01/2041 < 0.01%FANNIE MAE 9/01/2033 < 0.01%MEXICO LA SP BOA 12/20/2018 < 0.01%FREDDIE MAC 12/01/2018 < 0.01%FANNIE MAE 12/01/2034 < 0.01%AST Portfolio Holdings409 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 3/01/2041 < 0.01%FANNIE MAE 4/01/2035 < 0.01%ITALY GOVT SW SP BRC 6/20/2017 < 0.01%FANNIE MAE 3/01/2019 < 0.01%FANNIE MAE 7/01/2040 < 0.01%FANNIE MAE 5/01/2041 < 0.01%INDONESIA AS SP CBK 6/20/2016 < 0.01%S FRWD EUR 9/03/2014 < 0.01%FANNIE MAE 4/01/2025 < 0.01%FANNIE MAE 2/01/2035 < 0.01%FANNIE MAE 9/01/2025 < 0.01%FANNIE MAE 2/01/2034 < 0.01%FANNIE MAE 4/01/2027 < 0.01%GOVERNMENT NATIONAL MORTGAG 5/20/2025 < 0.01%ITALY GOVT SW SP MYC 6/20/2017 < 0.01%FANNIE MAE 7/01/2035 < 0.01%FNMA PASS THRU MTG #90246 11/01/2036 < 0.01%FANNIE MAE 3/01/2021 < 0.01%FANNIE MAE 4/01/2024 < 0.01%INDYMAC ARM TRUST 1/25/2032 < 0.01%FANNIE MAE 11/01/2038 < 0.01%FANNIE MAE 4/01/2020 < 0.01%FANNIE MAE 1/01/2034 < 0.01%FREDDIE MAC 11/01/2038 < 0.01%LEHMAN XS TRUST 9/25/2046 < 0.01%FANNIE MAE 4/01/2025 < 0.01%FANNIE MAE 12/01/2020 < 0.01%FANNIE MAE 5/01/2037 < 0.01%FANNIE MAE 5/01/2025 < 0.01%FANNIE MAE 3/01/2023 < 0.01%FANNIE MAE 8/01/2036 < 0.01%FANNIE MAE 10/01/2036 < 0.01%FANNIE MAE 3/01/2024 < 0.01%FANNIE MAE 5/01/2041 < 0.01%FANNIE MAE 9/01/2036 < 0.01%FANNIE MAE 10/01/2035 < 0.01%FANNIE MAE 7/01/2023 < 0.01%FANNIE MAE 12/01/2025 < 0.01%UNITED KINGDOM GILT SW SP U 12/20/2015 < 0.01%FANNIE MAE 8/01/2037 < 0.01%FANNIE MAE 10/01/2035 < 0.01%IRS MXN R TIIE-5.0 HU 9/13/2017 < 0.01%FANNIE MAE 10/01/2033 < 0.01%FANNIE MAE 8/01/2025 < 0.01%FANNIE MAE 11/01/2034 < 0.01%FANNIE MAE 3/01/2036 < 0.01%FREDDIE MAC 6/01/2022 < 0.01%FANNIE MAE 4/01/2017 < 0.01%FANNIE MAE 8/01/2040 < 0.01%FANNIE MAE 5/01/2029 < 0.01%FANNIE MAE 7/01/2018 < 0.01%FANNIE MAE 4/01/2025 < 0.01%FANNIE MAE 3/01/2034 < 0.01%FANNIE MAE 6/01/2035 < 0.01%Security% of PortfolioFANNIE MAE 9/01/2033 < 0.01%FANNIE MAE 5/01/2025 < 0.01%FANNIE MAE 10/01/2025 < 0.01%FANNIE MAE 4/01/2039 < 0.01%FANNIE MAE 8/01/2038 < 0.01%FANNIE MAE 1/01/2029 < 0.01%FANNIE MAE 5/01/2024 < 0.01%GOVERNMENT NATIONAL MORTGAG 3/20/2017 < 0.01%FANNIE MAE 2/01/2034 < 0.01%IRS MXN R TIIE-5.5 6/11/2018 < 0.01%FANNIE MAE 6/01/2041 < 0.01%US T BILLS .05% 10/09/2014 < 0.01%FANNIE MAE 8/01/2024 < 0.01%FANNIE MAE 4/01/2035 < 0.01%FANNIE MAE 5/01/2033 < 0.01%FREDDIE MAC 1/01/2019 < 0.01%FANNIE MAE 5/01/2037 < 0.01%FANNIE MAE 12/01/2023 < 0.01%FANNIE MAE 12/01/2032 < 0.01%FANNIE MAE 6/01/2018 < 0.01%FANNIE MAE 6/01/2023 < 0.01%FREDDIE MAC 6/01/2021 < 0.01%FANNIE MAE 8/01/2023 < 0.01%INDONASIA AS SP DUB 9/20/2015 < 0.01%FANNIE MAE 4/01/2033 < 0.01%FREDDIE MAC 12/01/2034 < 0.01%FANNIE MAE 9/01/2024 < 0.01%FANNIE MAE 7/01/2027 < 0.01%FANNIE MAE 9/01/2036 < 0.01%FREDDIE MAC 12/01/2022 < 0.01%FANNIE MAE 5/01/2025 < 0.01%FANNIE MAE 6/01/2037 < 0.01%FANNIE MAE 2/01/2025 < 0.01%FREDDIE MAC 12/01/2037 < 0.01%FANNIE MAE 9/01/2036 < 0.01%L FRWD BRC 8/04/2014 < 0.01%FANNIE MAE 3/01/2018 < 0.01%METLIFE INC SNR S* SP DUB 12/20/2014 < 0.01%FANNIE MAE 9/01/2024 < 0.01%BEAR STEARNS ADJUSTABLE RAT 1/25/2034 < 0.01%FREDDIE MAC 3/01/2037 < 0.01%FANNIE MAE 12/01/2034 < 0.01%FANNIE MAE 7/01/2037 < 0.01%MEXICO LA SP GST 12/20/2018 < 0.01%FANNIE MAE 11/01/2033 < 0.01%FANNIE MAE 2/01/2034 < 0.01%FANNIE MAE 10/01/2035 < 0.01%BRAZIL EM SP MYC 6/20/2015 < 0.01%BRAZIL EM SP DUB 6/20/2015 < 0.01%FANNIE MAE 2/01/2024 < 0.01%FREDDIE MAC 9/01/2039 < 0.01%METLIFE INC SNR S* SP CBK 12/20/2014 < 0.01%MEXICO EM SP HUS 9/20/2016 < 0.01%FANNIE MAE 1/01/2034 < 0.01%AST Portfolio Holdings410 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 12/01/2035 < 0.01%FANNIE MAE 4/01/2035 < 0.01%FANNIE MAE 11/01/2036 < 0.01%BRAZIL EM SP CBK 6/20/2015 < 0.01%FREDDIE MAC 4/01/2038 < 0.01%FANNIE MAE 4/01/2034 < 0.01%FANNIE MAE 2/01/2030 < 0.01%FREDDIE MAC 11/01/2032 < 0.01%CHINA AS SP BRC 12/20/2018 < 0.01%FANNIE MAE 3/01/2025 < 0.01%FANNIE MAE 5/01/2037 < 0.01%FANNIE MAE 8/01/2037 < 0.01%FREDDIE MAC 12/01/2021 < 0.01%FREDDIE MAC 7/01/2037 < 0.01%FANNIE MAE 6/01/2038 < 0.01%MEXICO LA SP DUB 6/20/2019 < 0.01%IRS MXN R TIIE-5.5 6/11/2018 < 0.01%HARBORVIEW MORTGAGE LOAN TR 9/19/2046 < 0.01%FREDDIE MAC 5/01/2040 < 0.01%FANNIE MAE 9/01/2025 < 0.01%FREDDIE MAC 9/01/2037 < 0.01%IRS MXN R TIIE-5.5 6/17/2018 < 0.01%GOVERNMENT NATIONAL MORTGAG 10/20/2023 < 0.01%FANNIE MAE 12/01/2035 < 0.01%FANNIE MAE 4/01/2034 < 0.01%FANNIE MAE 5/01/2030 < 0.01%WASHINGTON MUTUAL MSC MORTG 2/25/2033 < 0.01%FANNIE MAE 12/01/2035 < 0.01%GOVERNMENT NATIONAL MORTGAG 7/20/2025 < 0.01%FANNIE MAE 3/01/2037 < 0.01%IRS MXN R TIIE28-5.5000028 6/11/2018 < 0.01%L.F.ROTHSCHILD MORTGAGE TRU 8/01/2017 < 0.01%FANNIE MAE 8/01/2026 < 0.01%BRAZIL EM SP CBK 9/20/2015 < 0.01%SINGAPORE DOLLAR < 0.01%GOVERNMENT NATIONAL MORTGAG 8/20/2024 < 0.01%FREDDIE MAC 1/01/2038 < 0.01%FANNIE MAE 11/01/2033 < 0.01%FANNIE MAE 1/01/2036 < 0.01%BANK OF AMERICA CORP SNR S* 9/20/2014 < 0.01%GOVERNMENT NATIONAL MORTGAG 2/15/2024 < 0.01%FREDDIE MAC 5/01/2022 < 0.01%FANNIE MAE 4/01/2041 < 0.01%FREDDIE MAC 2/01/2038 < 0.01%MEXICO LA SP CBK 12/20/2018 < 0.01%MEXICO LA SP JPM 12/20/2018 < 0.01%FREDDIE MAC 1/01/2038 < 0.01%FREDDIE MAC 3/01/2016 < 0.01%FANNIE MAE 11/01/2034 < 0.01%FANNIE MAE 9/01/2037 < 0.01%IRS MXN R TIIE-5.5 6/11/2018 < 0.01%FANNIE MAE 6/01/2021 < 0.01%FREDDIE MAC 10/01/2037 < 0.01%CDS OTC 1.000% MEXICO EM JP 9/20/2016 < 0.01%Security% of PortfolioFANNIE MAE 2/01/2027 < 0.01%FANNIE MAE 3/01/2035 < 0.01%FANNIE MAE 3/01/2025 < 0.01%BRAZIL EM SP BRC 6/20/2015 < 0.01%GOVERNMENT NATIONAL MORTGAG 2/16/2030 < 0.01%FREDDIE MAC 3/01/2016 < 0.01%FANNIE MAE 9/01/2038 < 0.01%FANNIE MAE 8/01/2034 < 0.01%FREDDIE MAC 3/01/2036 < 0.01%FANNIE MAE 2/01/2035 < 0.01%FANNIE MAE 12/01/2025 < 0.01%FANNIE MAE 7/01/2033 < 0.01%FANNIE MAE 2/01/2035 < 0.01%BRAZIL EM SP UAG 9/20/2015 < 0.01%FANNIE MAE 8/01/2037 < 0.01%FANNIE MAE 2/01/2035 < 0.01%FANNIE MAE 3/01/2034 < 0.01%FREDDIE MAC 7/01/2016 < 0.01%FANNIE MAE 10/01/2038 < 0.01%FREDDIE MAC 3/01/2016 < 0.01%IRS MXN R TIIE-5.5 6/11/2018 < 0.01%S FRWD TRL 8/14/2014 < 0.01%FREDDIE MAC 7/01/2016 < 0.01%FANNIE MAE 11/01/2034 < 0.01%FANNIE MAE 11/01/2018 < 0.01%FANNIE MAE 12/01/2022 < 0.01%FANNIE MAE 1/01/2024 < 0.01%FREDDIE MAC 4/01/2037 < 0.01%FREDDIE MAC 3/01/2016 < 0.01%FANNIE MAE 11/01/2035 < 0.01%CDS OTC 1.000% ITALY GOVT G 6/20/2017 < 0.01%FREDDIE MAC 5/01/2016 < 0.01%FREDDIE MAC 9/01/2016 < 0.01%FANNIE MAE 2/01/2036 < 0.01%FANNIE MAE 5/01/2026 < 0.01%FREDDIE MAC 3/01/2022 < 0.01%FANNIE MAE 12/01/2035 < 0.01%FREDDIE MAC 8/01/2016 < 0.01%FANNIE MAE 11/01/2020 < 0.01%IRS MXN R TIIE-5.0 BR 9/13/2017 < 0.01%FREDDIE MAC 5/01/2037 < 0.01%FANNIE MAE 11/01/2028 < 0.01%FANNIE MAE 7/01/2036 < 0.01%MORGAN STANLEY IXIS REAL ES 11/25/2036 < 0.01%FREDDIE MAC 6/01/2038 < 0.01%FREDDIE MAC 1/01/2023 < 0.01%EXPORT-IMPORT BANK OF AS SP 6/20/2017 < 0.01%FANNIE MAE 7/01/2020 < 0.01%FANNIE MAE 2/01/2021 < 0.01%MEXICO EM SP BRC 3/20/2016 < 0.01%FANNIE MAE 7/01/2037 < 0.01%METLIFE INC SNR S* SPFBF 12/20/2014 < 0.01%FANNIE MAE 6/01/2019 < 0.01%GOVERNMENT NATIONAL MORTGAG 5/20/2030 < 0.01%AST Portfolio Holdings411 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioMEXICO EM SP JPM 9/20/2015 < 0.01%FANNIE MAE 3/01/2036 < 0.01%FANNIE MAE 11/01/2035 < 0.01%GOVERNMENT NATIONAL MORTGAG 8/20/2027 < 0.01%FANNIE MAE 8/01/2027 < 0.01%FANNIE MAE 11/01/2037 < 0.01%IRS MXN R TIIE-5.5 6/11/2018 < 0.01%FANNIE MAE 11/01/2035 < 0.01%JP MORGAN SNR S* SP CBK 9/20/2014 < 0.01%FANNIE MAE 7/01/2034 < 0.01%FANNIE MAE 12/01/2034 < 0.01%GOVERNMENT NATIONAL MORTGAG 4/20/2025 < 0.01%FANNIE MAE 2/01/2037 < 0.01%FREDDIE MAC 2/01/2016 < 0.01%FANNIE MAE 3/01/2032 < 0.01%FANNIE MAE 6/01/2036 < 0.01%FANNIE MAE 12/01/2035 < 0.01%FREDDIE MAC 3/01/2021 < 0.01%FANNIE MAE 1/01/2037 < 0.01%FANNIE MAE 2/01/2029 < 0.01%FANNIE MAE 10/01/2037 < 0.01%FANNIE MAE 1/01/2037 < 0.01%FANNIE MAE 5/01/2019 < 0.01%FANNIE MAE 8/01/2035 < 0.01%FANNIE MAE 8/01/2019 < 0.01%FANNIE MAE 12/01/2036 < 0.01%FREDDIE MAC 1/01/2032 < 0.01%FANNIE MAE 4/01/2020 < 0.01%FANNIE MAE 9/01/2025 < 0.01%FREDDIE MAC 3/01/2016 < 0.01%FANNIE MAE 9/01/2038 < 0.01%FREDDIE MAC 8/15/2032 < 0.01%FANNIE MAE 2/01/2038 < 0.01%FANNIE MAE 11/01/2018 < 0.01%FANNIE MAE 6/01/2033 < 0.01%FANNIE MAE 12/01/2023 < 0.01%PRIME MORTGAGE TRUST 2/25/2019 < 0.01%FANNIE MAE 11/01/2032 < 0.01%FANNIE MAE 9/01/2033 < 0.01%FREDDIE MAC 3/01/2016 < 0.01%FANNIE MAE 9/01/2036 < 0.01%FANNIE MAE 9/01/2036 < 0.01%FANNIE MAE 4/01/2018 < 0.01%FANNIE MAE 9/01/2027 < 0.01%FANNIE MAE 6/01/2036 < 0.01%FANNIE MAE 12/01/2036 < 0.01%FANNIE MAE 4/01/2033 < 0.01%FANNIE MAE 7/01/2036 < 0.01%FANNIE MAE 12/01/2022 < 0.01%FANNIE MAE 11/01/2036 < 0.01%FANNIE MAE 7/01/2022 < 0.01%FANNIE MAE 12/01/2030 < 0.01%MORGAN STANLEY SNR S* SP FB 9/20/2014 < 0.01%FANNIE MAE 1/01/2022 < 0.01%Security% of PortfolioFANNIE MAE 2/01/2018 < 0.01%FANNIE MAE 12/01/2036 < 0.01%MEXICO LA SP HUS 6/20/2019 < 0.01%FANNIE MAE 12/01/2035 < 0.01%FANNIE MAE 4/01/2033 < 0.01%FANNIE MAE 5/01/2033 < 0.01%FANNIE MAE 11/01/2022 < 0.01%FREDDIE MAC 9/01/2038 < 0.01%CDS OTC 1.000% ITALY GOVT B 6/20/2019 < 0.01%FREDDIE MAC 10/01/2021 < 0.01%INDYMAC ARM TRUST 1/25/2032 < 0.01%ITALY GOVT SW SP BRC 6/20/2019 < 0.01%FANNIE MAE 6/01/2038 < 0.01%CD ITALY GOVT SW SP HUS 6/20/2019 < 0.01%FANNIE MAE 12/01/2036 < 0.01%FANNIE MAE 5/01/2036 < 0.01%FANNIE MAE 8/01/2036 < 0.01%FANNIE MAE 2/01/2018 < 0.01%FANNIE MAE 8/01/2036 < 0.01%CD MEX SP JPM 0.920% 3/20/2016 < 0.01%SWISS FRANC < 0.01%FANNIE MAE 10/01/2036 < 0.01%CANADIAN DOLLAR < 0.01%SAUDI ARABIAN RIY < 0.01%JAPANESE YEN < 0.01%UNITED ARAB EMERITES < 0.01%CDS OTC 1.000% ITALY GOVT D 6/20/2019 < 0.01%ITALY GOVT SW SP HUS 6/20/2019 < 0.01%FANNIE MAE 3/01/2037 < 0.01%CD ITALY GOVT SW SP GST 6/20/2019 < 0.01%FREDDIE MAC 11/01/2033 < 0.01%FANNIE MAE 11/01/2032 < 0.01%SWEDISH KRONA < 0.01%NORWEGIAN KRONE < 0.01%AUSTRALIAN DOLLAR < 0.01%GENERAL MOTORS ESCROW SH < 0.01%IRS BRL ZCS R10.63-CDI 1/02/2017 < 0.01%S FRWD BRC 4/02/2015 < 0.01%S FRWD BRC 4/02/2015 < 0.01%IRO USD 5Y C 1.5600 J 9/02/2014 < 0.01%IRS MXN R TIIEM-6.00M 6/05/2023 < 0.01%INF FLOOR USD CPURNSA 215.9 3/15/2020 < 0.01%IRS MXN R TIIEM-6.00M 6/05/2023 < 0.01%IRO USD 10Y P 3.1000 9/02/2014 < 0.01%IRS BRL ZCS R 10.6-CDI 1/02/2017 < 0.01%IRS BRL ZCS R10.63-CDI 1/02/2017 < 0.01%IRS MXN R TIIEM-5.75 6/05/2023 < 0.01%IRS MXN R TIIEM-5.75 6/05/2023 < 0.01%S FRWD BRC 1/05/2015 < 0.01%INF FLOOR USD CPURNSA 218.0 10/13/2020 < 0.01%IRO USD 10Y C 2.5000 9/02/2014 < 0.01%IRS MXN R TIIEM 5.75 6/05/2023 < 0.01%INF FLOOR USD CPURNSA 215.9 3/12/2020 < 0.01%INF FLOOR USD CPURNSA 217.9 9/29/2020 < 0.01%AST Portfolio Holdings412 of 635

AST PIMCO Total Return Bond Portfolio (continued)Security% of PortfolioIRS MXN R TIIEM-5.750 6/05/2023 < 0.01%IRS MXN R TIIEM-5.75 6/05/2023 < 0.01%IRS BRL ZCS R 10.6-CDI 1/02/2017 < 0.01%L FRWD EUR 9/03/2014 < 0.01%L FRWD BRC 8/04/2014 < 0.01%L FRWD MXP 12/18/2014 < 0.01%IRS MXN R 6.810 20Y 6/19/2034 < 0.01%IRO USD 10Y C 2.5500 9/07/2014 < 0.01%INF FLOOR USD CPURNSA 216.6 4/07/2020 < 0.01%IRO USD 10Y C 2.5500 9/06/2014 < 0.01%FEDERAL FUNDS TARGET RATE U < 0.01%IRS MXN R TIIE-5.75 UA 9/02/2022 < 0.01%L FRWD EUR 8/05/2014 < 0.01%L FRWD EUR 8/05/2014 < 0.01%IRO EUR 10Y C 1.2 GLM 1/25/2015 < 0.01%CASH COLLATERAL TBA MSC USD < 0.01%(L) CME 5.500% IRS MXN 9/02/2022 < 0.01%IRS BRL ZCS R 8.90-CDI 1/02/2017 < 0.01%IRS MXN R TIIE-5.75 BR 9/02/2022 < 0.01%IRO USD 10Y P 3.0300 9/09/2014 < 0.01%L FRWD MXP 12/18/2014 < 0.01%S FRWD BRC 4/02/2015 < 0.01%S FRWD BRC 4/02/2015 < 0.01%L FRWD CND 9/18/2014 < 0.01%IRS BRL ZCS R 9.095-CDI 1/02/2017 < 0.01%L FRWD CND 9/18/2014 < 0.01%OTC EPUT USD VS JPY @ 80.0 2/18/2019 < 0.01%IRO EUR 10Y P 1.6 GLM 1/25/2015 < 0.01%L FRWD MXP 8/25/2014 < 0.01%IRS MXN R TIIE-5.5 MY 9/02/2022 < 0.01%L FRWD MXP 9/23/2014 < 0.01%L FRWD MXP 9/23/2014 < 0.01%L FRWD BRC 8/04/2014 < 0.01%IRS BRL ZCS R 8.86-CDI 1/02/2017 < 0.01%S FRWD EUR 8/01/2014 < 0.01%L FRWD GBP 8/05/2014 < 0.01%L FRWD MXP 12/18/2014 < 0.01%IRO USD 10Y C 2.6 RYL 9/02/2014 < 0.01%IRS MXN R TIIE-5.5 9/02/2022 < 0.01%CASH COLLATERAL < 0.01%IRO USD 5Y P 1.8600 J 9/02/2014 < 0.01%L FRWD BRC 8/04/2014 < 0.01%L FRWD EUR 8/05/2014 < 0.01%(L) CME 6.810% IRS MXN 6/19/2034 < 0.01%CASH SWAP COLLATERAL GOLDMA < 0.01%CDS OTC 1.000% RUSSIA EM SP 9/20/2019 -0.01%IRS USD 1.750 -1Y (GRN 6/15/2017 -0.01%CASH COLLATERAL ISDA -0.01%CASH COLLATERAL FED FUND -0.01%SWAPS COLLATERAL -0.01%CASH COLLATERAL ISDA BRC US -0.02%(L) CME IRS USD FEDL01 1.0 10/15/2017 -0.02%L FRWD EUR 8/05/2014 -0.02%(S) CME 3.500% IRS USD 30Y 12/18/2043 -0.02%Security% of PortfolioFANNIE MAE 8/01/2041 -0.04%CASH COLLATERAL ISDA -0.08%(S) CME IRS USD R 3ML 4.25% 6/15/2041 -0.24%AST Portfolio Holdings413 of 635

AST Parametric Emerging Markets Equity PortfolioSecurity% of PortfolioSAMSUNG ELECTRONICS CO LTD 1.10%MTN GROUP LTD 1.05%AMERICA MOVIL-ADR SERIES L 0.82%GAZPROM OAO-SPON ADR 0.81%CHINA MOBILE LTD 0.77%NASPERS LTD-N SHS 0.68%TENCENT HOLDINGS LTD 0.56%TAIWAN SEMICONDUCTOR MANUFA 0.56%MAGNIT 0.56%SASOL LTD 0.55%LUKOIL OAO-SPON ADR 0.54%PRUDENTIAL CORE INVESTMENT 0.53%SBERBANK-SPONSORED ADR 0.53%GRUPO FINANCIERO BANORTE-O 0.51%GRUPO FINANCIERO INBURSA-O 0.50%CEZ AS 0.47%PETROLEO BRASIL-SP PREF AD 0.47%BAIDU INC - SPON ADR 0.45%RELIANCE INDS-SPONS GDR 144 0.44%CHINA CONSTRUCTION BANK-H 0.42%ITAU UNIBANCO HLDNG-PREF AD 0.42%OTP BANK PLC 0.42%BANCO BRADESCO SA-PREF 0.39%SOLIDERE - GDR REG S 0.39%INFOSYS LTD-SP ADR 0.39%CREDICORP LTD 0.39%POSCO 0.38%COMMERCIAL INTERNATIONAL BA 0.38%IND & COMM BK OF CHINA-H 0.37%MCB GROUP LTD 0.37%CNOOC LTD 0.36%KOMERCNI BANKA AS 0.36%VALE SA-SP PREF ADR 0.36%ALFA S.A.B.-A 0.35%HOUSING DEVELOPMENT FINANCE 0.35%RICHTER GEDEON NYRT 0.35%AMERICA MOVIL SAB DE C-SER 0.34%LETSHEGO HOLDINGS LTD 0.34%PETROCHINA CO LTD-H 0.34%HON HAI PRECISION INDUSTRY 0.33%TALLINK GROUP AS 0.32%CEMEX SAB-CPO 0.30%CIELO SA 0.29%MOBILE TELESYSTEMS OJSC 0.29%AMBEV SA-SPN ADR 0.29%GRUPO MEXICO SAB DE CV-SER 0.29%CHINA PETROLEUM & CHEMICAL- 0.29%ARAB BANK PLC 0.28%HALYK SAVINGS BANK-GDR REG 0.28%TATA CONSULTANCY SVCS LTD 0.28%COPA HOLDINGS SA-CLASS A 0.28%MOL HUNGARIAN OIL AND GAS P 0.27%BANCA TRANSILVANIA 0.27%BIDVEST GROUP LTD 0.27%Security% of PortfolioSHINHAN FINANCIAL GROUP LTD 0.27%TURKCELL ILETISIM HIZMET AS 0.27%KRKA 0.27%S.A.C.I. FALABELLA 0.27%SOUTHERN COPPER CORP 0.27%TURKIYE GARANTI BANKASI 0.27%WALMART DE MEXICO-SER V 0.26%EREGLI DEMIR VE CELIK FABRI 0.26%PKO BANK POLSKI SA 0.26%KAZMUNAIGAS EXPLORA-GDR REG 0.26%GHANA COMMERCIAL BANK 0.25%EMPRESAS COPEC SA 0.25%EMAAR PROPERTIES PJSC 0.25%HYUNDAI MOTOR CO 0.24%STANDARD BANK GROUP LTD 0.24%AKBANK T.A.S. 0.24%TELEKOMUNIKASI INDONESIA PE 0.24%SIME DARBY BERHAD 0.24%FOMENTO ECONOMICO MEXICA-UB 0.24%DP WORLD LTD 0.24%ICICI BANK LTD-SPON ADR 0.23%PGE SA 0.23%KOC HOLDING AS 0.23%MEDIATEK INC 0.23%CEMEX SAB-SPONS ADR PART CE 0.23%HRVATSKI TELEKOM DD 0.23%BANK CENTRAL ASIA TBK PT 0.23%MMC NORILSK NICKEL JSC-ADR 0.22%BANK OF CHINA LTD-H 0.22%HDFC BANK LIMITED 0.22%MOBILE TELECOMMUNICATIONS C 0.22%OMV PETROM SA 0.22%UNITED TRACTORS TBK PT 0.21%INDUSTRIES QATAR 0.21%NATIONAL BANK OF KUWAIT 0.21%ADRIS GRUPA DD-PREF 0.21%ALICORP S.A.-COMUN 0.21%POWSZECHNY ZAKLAD UBEZPIECZ 0.21%CHUNGHWA TELECOM CO LTD 0.21%BANCO DE CHILE 0.20%SK TELECOM 0.20%BRF SA 0.20%GRUPO CARSO SAB DE CV-SER A 0.20%SAFARICOM LTD 0.20%BHARTI AIRTEL LTD 0.20%ASTRA INTERNATIONAL TBK PT 0.20%KOREA ELECTRIC POWER CORP 0.20%MCB BANK LTD 0.20%KUWAIT FINANCE HOUSE 0.20%PERUSAHAAN GAS NEGARA PERSE 0.20%BANK PEKAO SA 0.20%OIL & NATURAL GAS CORP LTD 0.20%ARABTEC HOLDING CO 0.19%ENERSIS SA 0.19%AST Portfolio Holdings414 of 635

AST Parametric Emerging Markets Equity Portfolio (continued)Security% of PortfolioITAUSA-INVESTIMENTOS ITAU-P 0.19%ADVANCED INFO SERVICE-FOR R 0.19%NAN YA PLASTICS CORP 0.19%ITC LTD 0.19%BANCOLOMBIA S.A.-SPONS ADR 0.19%KB FINANCIAL GROUP INC 0.18%BIM BIRLESIK MAGAZALAR AS 0.18%CP ALL PCL-FOREIGN 0.18%SIAM COMMERCIAL BANK-FOREIG 0.18%SK HYNIX INC 0.18%SECHABA BREWERIES LTD 0.18%MASRAF AL RAYAN 0.18%SANLAM LTD 0.18%LG CHEM LTD 0.18%BRD-GROUPE SOCIETE GENERALE 0.18%BANCO SANTANDER CHILE 0.18%QATAR NATIONAL BANK 0.17%BANCO DO BRASIL S.A. 0.17%CATHAY FINANCIAL HOLDING CO 0.17%GLOBAL TELECOM HOLDING-GDR 0.17%NOVATEK OAO 0.17%MAGYAR TELEKOM TELECOMMUNIC 0.17%KAZAKHMYS PLC 0.17%CHINA LIFE INSURANCE CO-H 0.17%OPAP SA 0.17%IMPULSORA DEL DESARROLLO Y 0.17%EMPRESA NACIONAL DE ELECTRI 0.17%CHINA STEEL CORP 0.17%HYUNDAI MOBIS CO LTD 0.16%CCR SA 0.16%TUPRAS-TURKIYE PETROL RAFIN 0.16%AXIS BANK LTD 0.16%SISTEMA JSFC 0.16%TATNEFT-SPONSORED ADR 0.16%MAROC TELECOM 0.16%FIRST NATIONAL BANK BOTSWAN 0.16%FORMOSA PLASTICS CORP 0.16%GRUPO TELEVISA SAB-SER CPO 0.16%COMPARTAMOS SAB DE CV 0.16%GRUPO NUTRESA SA 0.16%PTT PCL/FOREIGN 0.16%TURKIYE IS BANKASI-C 0.16%HACI OMER SABANCI HOLDING 0.15%FIRST GULF BANK 0.15%GRUPO TELEVISA SA-SPON ADR 0.15%SUN PHARMACEUTICAL INDUS 0.15%VODACOM GROUP LTD 0.15%KASIKORNBANK PCL-FOREIGN 0.15%GRUPO BIMBO SAB- SERIES A 0.15%BANK RAKYAT INDONESIA PERSE 0.15%REMGRO LTD 0.15%TIM PARTICIPACOES SA 0.15%KGHM POLSKA MIEDZ SA 0.15%WANT WANT CHINA HOLDINGS LT 0.15%Security% of PortfolioGRUPO AEROPORT DEL PACIFIC- 0.15%KAZKOMMERTSBANK-OCT GDR REG 0.15%SM INVESTMENTS CORP 0.15%NATIONAL BANK OF ABU DHABI 0.15%NAVER CORP 0.15%SAMSUNG LIFE INSURANCE CO L 0.15%SAMSUNG FIRE & MARINE INS 0.14%LPP SA 0.14%TELEFONICA BRASIL S.A.-PREF 0.14%BANKMUSCAT SAOG 0.14%CHINA UNICOM HONG KONG LTD 0.14%SEMEN INDONESIA PERSERO TBK 0.14%ECOPETROL SA 0.14%SURGUTNEFTEGAS-SP ADR 0.14%PTT EXPLORATION & PROD-FOR 0.14%ABU DHABI COMML 0.14%WIPRO LTD 0.14%ARCA CONTINENTAL SAB DE CV 0.14%TURKIYE HALK BANKASI 0.14%EMBRAER SA-ADR 0.14%CTRIP.COM INTERNATIONAL-ADR 0.14%ALMACENES EXITO SA 0.14%CHINA TELECOM CORP LTD-H 0.14%MAIL.RU GROUP-GDR REGS 0.14%KUWAIT FOODS (AMERICANA) 0.14%PEGAS NONWOVENS SA 0.14%PETROBRAS ARGENTINA - ADR 0.13%AHLI UNITED BANK B.S.C 0.13%YANDEX NV-A 0.13%OLYMPIC ENTERTAINMENT GROUP 0.13%PING AN INSURANCE GROUP CO- 0.13%ROSNEFT OJSC-REG S GDR 0.13%EAST AFRICAN BREWERIES LTD 0.13%FIRSTRAND LTD 0.13%STEINHOFF INTL HOLDINGS LTD 0.13%CHINA SHENHUA ENERGY CO-H 0.13%QUIMICA Y MINERA CHIL-SP AD 0.13%KIA MOTORS CORPORATION 0.13%HELLENIC TELECOMMUN ORGANIZ 0.13%STATE BANK OF MAURITIUS LTD 0.13%TURK HAVA YOLLARI AO 0.13%PETRONAS CHEMICALS GROUP BH 0.13%JUHAYNA FOOD INDUSTRIES 0.13%VTB BANK OJSC-GDR-REG S 0.13%NTPC LTD 0.13%ARAB POTASH COMPANY 0.13%KIMBERLY-CLARK DE MEXICO-A 0.13%CENCOSUD SA 0.13%POLSKI KONCERN NAFTOWY ORLE 0.12%MEXICHEM SAB DE CV-* 0.12%MERCADOLIBRE INC 0.12%UNI-PRESIDENT ENTERPRISES C 0.12%FORMOSA CHEMICALS & FIBRE 0.12%MALAYAN BANKING BHD 0.12%AST Portfolio Holdings415 of 635

AST Parametric Emerging Markets Equity Portfolio (continued)Security% of PortfolioSAPURAKENCANA PETROLEUM BHD 0.12%GRANA Y MONTERO SAA 0.12%EMPRESAS CMPC SA 0.12%IMPALA PLATINUM HOLDINGS LT 0.12%BANK MANDIRI PERSERO TBK PT 0.12%ANGLOGOLD ASHANTI-SPON ADR 0.12%NEW MAURITIUS HOTELS LTD 0.12%SURGUTNEFTEGAS-PREFERENCE 0.12%TELEKOM SLOVENIJE DD 0.12%KT&G CORP 0.12%ASPEN PHARMACARE HOLDINGS L 0.12%CEMIG SA -SPONS ADR 0.12%FUBON FINANCIAL HOLDING CO 0.12%WEG SA 0.12%THAI BEVERAGE PCL 0.12%SESA STERLITE LTD 0.11%STATE BANK OF INDI-GDR REG 0.11%AXIATA GROUP BERHAD 0.11%LATAM AIRLINES GROUP-SP ADR 0.11%TENAGA NASIONAL BHD 0.11%ANADOLU EFES BIRACILIK VE 0.11%CORPBANCA 0.11%MAHINDRA & MAHINDRA-SPON GD 0.11%MASAN GROUP-CW16 0.11%CHINA OVERSEAS LAND & INVES 0.11%PUBLIC BANK BERHAD 0.11%OANDO PLC 0.11%CHINA MENGNIU DAIRY CO 0.11%POWER GRID CORP OF INDIA LT 0.11%GENTING BHD 0.11%UNIPETROL AS 0.11%PODRAVKA PREHRAMBENA IND DD 0.11%ORANGE POLSKA SA 0.11%TELECOM ARGENTINA SA-SP ADR 0.11%HINDUSTAN UNILEVER LTD 0.11%TATA MOTORS LTD-SPON ADR 0.11%SHOPRITE HOLDINGS LTD 0.11%FOMENTO ECONOMICO MEX-SP AD 0.11%PHILIPPINE LONG DISTANCE TE 0.11%FERREXPO PLC 0.11%CTBC FINANCIAL HOLDING CO L 0.11%TIGER BRANDS LTD 0.11%HOTAI MOTOR COMPANY LTD 0.10%SINOPHARM GROUP CO-H 0.10%INDOCEMENT TUNGGAL PRAKARSA 0.10%SONDA SA 0.10%PETROBRAS - PETROLEO BRAS-P 0.10%INDUSTRIAS PENOLES SAB DE C 0.10%VALE SA-PREF 0.10%SAMSUNG SDI CO LTD 0.10%ATTIJARIWAFA BANK 0.10%BATU KAWAN BHD 0.10%AGRICULTURAL BANK OF CHINA- 0.10%BM&FBOVESPA SA 0.10%Security% of PortfolioKOREA ZINC CO LTD 0.10%DELTA ELECTRONICS INC 0.10%BANCO DE CREDITO E INVERSIO 0.10%LAFARGE CIMENTS 0.10%URALKALI-SPON GDR-REG S 0.10%RUSHYDRO JSC-ADR 0.10%AIRPORTS OF THAILAND PCL-FO 0.10%VODAFONE QATAR 0.10%ULTRAPAR PARTICIPACOES SA 0.10%EASTERN CO 0.10%CITIC PACIFIC LTD 0.10%QATAR GAS TRANSPORT(NAKILAT 0.10%HCL TECHNOLOGIES LTD 0.10%CHAROEN POKPHAND FOOD-FORGN 0.10%ENKA INSAAT VE SANAYI AS 0.10%LENOVO GROUP LTD 0.10%INTERCONEXION ELECTRICA SA 0.10%SAMSUNG C&T CORP 0.10%KOTAK MAHINDRA BANK LTD 0.10%ADARO ENERGY TBK PT 0.10%MR PRICE GROUP LTD 0.10%BRILLIANCE CHINA AUTOMOTIVE 0.10%ISAGEN SA ESP 0.09%ANTARCHILE SA 0.09%FEDERAL HYDROGENERATING CO 0.09%LARSEN & TOUBRO-GDR REG S 0.09%BARLOWORLD LTD 0.09%GRUPO DE INV SURAMERICANA 0.09%COCA-COLA ICECEK AS 0.09%BOLSA MEXICANA DE VALORES S 0.09%ERICSSON NIKOLA TESLA 0.09%ASSECO POLAND SA 0.09%OIL & GAS DEVELOPMENT CO LT 0.09%POZAVAROVALNICA SAVA DD 0.09%WOOLWORTHS HOLDINGS LTD 0.09%HONG KONG DOLLAR 0.09%ROSTELECOM 0.09%KUNLUN ENERGY CO LTD 0.09%KALBE FARMA TBK PT 0.09%HANA FINANCIAL GROUP 0.09%COAL INDIA LTD 0.09%NETEASE INC-ADR 0.09%SIAM CEMENT PUB CO-FOR REG 0.09%HINDALCO INDUSTRIES LTD 0.09%KENYA COMMERCIAL BANK LTD 0.09%COCA-COLA FEMSA SAB-SER L 0.09%T M G HOLDING 0.09%EQUITY BANK LTD 0.09%NETIA SA 0.09%X 5 RETAIL GROUP NV-REGS GD 0.09%LARGAN PRECISION CO LTD 0.09%DIGI.COM BHD 0.09%GULF INTERNATIONAL SERVICES 0.09%ZENITH BANK PLC 0.09%AST Portfolio Holdings416 of 635

AST Parametric Emerging Markets Equity Portfolio (continued)Security% of PortfolioPIRAEUS BANK S.A 0.09%RELIANCE INFRASTRUCTURE LTD 0.09%TALLINNA KAUBAMAJA AS 0.09%OMAN TELECOMMUNICATIONS CO 0.09%EMLAK KONUT GAYRIMENKUL YAT 0.09%OOREDOO QSC 0.09%RMB HOLDINGS LTD 0.09%ASUSTEK COMPUTER INC 0.09%ARCOS DORADOS HOLDINGS INC- 0.09%TURK SISE VE CAM FABRIKALAR 0.09%OMANI QATARI TELECOMMUNICAT 0.09%DATATEC LTD 0.09%NETCARE LTD 0.08%PRESIDENT CHAIN STORE CORP 0.08%COMMERCIAL BANK OF KUWAIT 0.08%FERREYCORP SAA 0.08%TAURON POLSKA ENERGIA SA 0.08%BOSCH LTD 0.08%UNIVERSAL ROBINA CORP 0.08%LOJAS AMERICANAS SA-PREF 0.08%DONGFENG MOTOR GRP CO LTD-H 0.08%PIK GROUP-GDR REG S 0.08%ALPHA BANK A.E. 0.08%AYALA LAND INC 0.08%GRUPO ARGOS SA 0.08%HANA MICROELECTRONICS-FOREI 0.08%TITAN CEMENT CO. S.A. 0.08%NIGERIAN BREWERIES PLC 0.08%POLSKIE GORNICTWO NAFTOWE I 0.08%EMPRESA DE ENERGIA DE BOGOT 0.08%CIA DE MINAS BUENAVENTUR-AD 0.08%KT CORP 0.08%MUNDRA PORT AND SEZ LTD 0.08%SOPHARMA AD SOFIA 0.08%BARCLAYS AFRICA GROUP LTD 0.08%PETROL DD LJUBLJANA 0.08%GUARANTY TRUST BANK 0.08%EZZ STEEL 0.08%GUDANG GARAM TBK PT 0.08%COMPAL ELECTRONICS 0.08%FORMOSA PETROCHEMICAL CORP 0.08%CHINA MERCHANTS BANK-H 0.08%JG SUMMIT HOLDINGS INC 0.08%TINGYI (CAYMAN ISLN) HLDG C 0.08%CHINA RESOURCES ENTERPRISE 0.08%SAUDI BASIC INDUSTRIES 0.08%KUALA LUMPUR KEPONG BHD 0.08%AL-QURAIN PETROCHEMICALS CO 0.08%JUMBO SA 0.08%YUANTA FINANCIAL HOLDING CO 0.08%BOTSWANA INSURANCE HLDGS LT 0.08%ZAVAROVALNICA TRIGLAV DD 0.08%CIMB GROUP HOLDINGS BHD 0.08%ASIA CEMENT CORP 0.08%Security% of PortfolioDISCOVERY LTD 0.08%INDIAN OIL CORPORATION LTD 0.08%CYFROWY POLSAT SA 0.08%TELEKOM MALAYSIA BHD 0.08%REUNERT LTD 0.08%EGYPTIAN KUWAITI HLDG CO 0.08%SIDI KERIR PETROCHEMICALS 0.08%CHINA RESOURCES POWER HOLDI 0.08%GERDAU SA-PREF 0.08%DR. REDDY'S LABORATORIES 0.08%QATAR ISLAMIC BANK 0.08%MBANK 0.07%HYUNDAI STEEL CO 0.07%AK TRANSNEFT OAO-PREF 0.07%CHINA NATIONAL BUILDING MA- 0.07%ABU DHABI NAT HO 0.07%UNILEVER INDONESIA TBK PT 0.07%PUBLIC POWER CORP 0.07%CATCHER TECHNOLOGY CO LTD 0.07%AAC TECHNOLOGIES HOLDINGS I 0.07%AL-SALAM BANK 0.07%GAIL INDIA LTD 0.07%BANCO DE BOGOTA 0.07%CAPITAL BANK OF JORDAN 0.07%CIA CERVECERIAS UNIDAS-ADR 0.07%PICC PROPERTY & CASUALTY -H 0.07%BANK NEGARA INDONESIA PERSE 0.07%AGILITY 0.07%TURK TELEKOMUNIKASYON AS 0.07%SK INNOVATION CO LTD 0.07%JSC BANK FO-CW16 0.07%HYUNDAI GLOVIS CO LTD 0.07%CETIP SA-MERCADOS ORGANIZAD 0.07%UNION NATIONAL BANK/ABU DHA 0.07%CHINA MERCHANTS HLDGS INTL 0.07%ALDAR PROPERTIES PJSC 0.07%TATA POWER CO LTD 0.07%BANK OF COMMUNICATIONS CO-H 0.07%BANCO SANTANDER BRASIL-UNI 0.07%DELTA ELECTRONICS THAI-FORG 0.07%ANHUI CONCH CEMENT CO LTD-H 0.07%CIA BRASILEIRA DE DIS-PREF 0.07%VOLCAN CIA MINERA SAA-CMN B 0.07%ALUMINUM CORP OF CHINA LTD- 0.07%HUB POWER COMPANY 0.07%ULTRATECH CEMENT LTD 0.07%TELKOM SA SOC LTD 0.07%LG CORP 0.07%GRUPO AVAL ACCIONES Y VAL 0.07%ALEXANDRIA MINERAL OILS CO 0.07%VINCOM JSC-CW14 0.07%IMPERIAL HOLDINGS LTD 0.07%CHINA HIGH SPEED TRANSMISSI 0.07%ING BANK SLASKI SA 0.07%AST Portfolio Holdings417 of 635

AST Parametric Emerging Markets Equity Portfolio (continued)Security% of PortfolioCHENG SHIN RUBBER IND CO LT 0.07%MINDRAY MEDICAL INTL LTD-AD 0.07%GASLOG LTD 0.07%IDEA CELLULAR LTD 0.07%GREAT WALL ENTERPRISES 0.07%ARCELIK AS 0.07%CHAROEN POKPHAND INDONESI P 0.07%GRINDEKS 0.07%GENTING MALAYSIA BHD 0.07%BANGKOK BANK PCL-FOREIGN RE 0.07%WOORI FINANCE HOLDINGS CO 0.07%PTT GLOBAL CHEMICAL PCL-FOR 0.07%TURKIYE VAKIFLAR BANKASI T- 0.07%EMPRESAS ICA S.A.B 0.07%PETROVIETNA-CW19 0.07%TAIWAN MOBILE CO LTD 0.07%SIHUAN PHARMACEUTICAL HLDGS 0.07%ZHEJIANG EXPRESSWAY CO-H 0.07%INDOFOOD SUKSES MAKMUR TBK 0.07%SIBANYE GOLD LTD 0.07%TAV HAVALIMANLARI HOLDING A 0.07%LG ELECTRONICS INC 0.07%BANK AUDI SAL 0.07%RELIANCE CAPITAL LTD 0.07%BOUBYAN PETROCHEMICALS CO 0.07%HERO MOTOCORP LTD 0.07%PAMPA ENERGIA SA-SPON ADR 0.07%KRUNG THAI BANK PUB CO-FORE 0.07%QATAR INTERNATIONAL ISLAMIC 0.07%E.SUN FINANCIAL HOLDING CO 0.07%SINO BIOPHARMACEUTICAL 0.07%SAMSUNG SECURITIES CO LTD 0.07%HYUNDAI WIA CORP 0.07%FIRST FINANCIAL HOLDING CO 0.07%AIR ARABIA PJSC 0.07%POU CHEN 0.07%TELECOM EGYPT 0.07%LG DISPLAY CO LTD 0.07%LIPPO KARAWACI TBK PT 0.07%SHANGHAI ELECTRIC GRP CO L- 0.06%TAISHIN FINANCIAL HOLDING 0.06%SEMIRARA MINING CORP 0.06%AMOREPACIFIC CORP 0.06%AKR CORPORINDO TBK PT 0.06%AMBEV SA 0.06%HUANENG POWER INTL INC-H 0.06%KUMBA IRON ORE LTD 0.06%GULF BANK 0.06%DATANG INTL POWER GEN CO-H 0.06%LOCALIZA RENT A CAR 0.06%AES TIETE SA-PREF 0.06%CHONGQING CHANGAN AUTOMOBI- 0.06%GIANT MANUFACTURING 0.06%ADECOAGRO SA 0.06%Security% of PortfolioPETRONAS GAS BHD 0.06%GRUPO AVAL ACCIONES-PF 0.06%CHINA MINSHENG BANKING-H 0.06%PETRONAS DAGANGAN BHD 0.06%ELLAKTOR SA 0.06%ANGLO AMERICAN PLATINUM LTD 0.06%LUCKY CEMENT 0.06%ORBIS SA 0.06%QISDA CORP 0.06%CIA ENERGETICA DE SP-PREF B 0.06%IDFC LTD 0.06%SAN MIGUEL CORP 0.06%YES BANK LTD 0.06%GRUPO ODINSA SA 0.06%CHINA PACIFIC INSURANCE GR- 0.06%GROWTHPOINT PROPERTIES LTD 0.06%SEVERSTAL - GDR REG S 0.06%TOTVS SA 0.06%ALL AMERICA LATINA LOGISTIC 0.06%SINOPAC FINANCIAL HOLDINGS 0.06%TAIWAN CEMENT 0.06%FBN HOLDINGS PLC 0.06%SOCIEDAD MINERA CERRO VERDE 0.06%TAINAN SPINNING 0.06%KARDEMIR KARABUK DEMIR-CL D 0.06%DUBAI FINANCIAL MARKET 0.06%ORACLE FINANCIAL SERVICES 0.06%HOA PHAT GR-CW15 0.06%BANK OF THE PHILIPPINE ISLA 0.06%REDEFINE PROPERTIES LTD 0.06%UNITED MICROELECTRONICS COR 0.06%LIFE HEALTHCARE GROUP HOLDI 0.06%QUANTA COMPUTER INC 0.06%UNITED CO RUSAL PLC 0.06%TRACTEBEL ENERGIA SA 0.06%ASIAN PAINTS LTD 0.06%KUWAIT PROJECTS CO HOLDINGS 0.06%MEGA FINANCIAL HOLDING CO L 0.06%CIA SANEAMENTO BASICO DE-AD 0.06%BARWA REAL ESTATE CO 0.06%SAMSUNG CARD CO 0.06%COLBUN SA 0.06%STANDARD CHARTERED BK GHANA 0.06%EUROCASH SA 0.06%TRUE CORP PCL-FOREIGN 0.06%ORIENTAL WEAVERS 0.06%EFG-HERMES HOLDINGS SAE 0.06%ATHI RIVER MINING 0.06%TATA STEEL LTD 0.06%DIALOG GROUP BHD 0.06%PHILIP MORRIS CR AS 0.06%MARUTI SUZUKI INDIA LTD 0.06%LUPIN LTD 0.06%CHINA LONGYUAN POWER GROUP- 0.06%AST Portfolio Holdings418 of 635

AST Parametric Emerging Markets Equity Portfolio (continued)Security% of PortfolioTOTAL ACCESS COMMUNICA-NVDR 0.06%ALLIANCE GLOBAL GROUP INC 0.06%FAR EASTONE TELECOMM CO LTD 0.06%GETIN NOBLE BANK SA 0.06%ETIHAD ETISALAT CO 0.06%AVICHINA INDUSTRY & TECH-H 0.06%JASA MARGA (PERSERO) TBK PT 0.06%NESTLE INDIA LTD 0.06%OCI CO LTD 0.06%BDO UNIBANK INC 0.06%HANWHA CORPORATION 0.06%MYTILINEOS HOLDINGS S.A. 0.06%MINOR INTERNATIONAL PCL-FOR 0.06%COMPANIA MINERA MILPO SA 0.06%BYD CO LTD-H 0.06%BIG C SUPERCENTER PCL-FORGN 0.06%EDEGEL SA-COMUN 0.06%CHINA SHIPPING DEVELOPMENT- 0.06%ZIJIN MINING GROUP CO LTD-H 0.06%CHANG HWA COMMERCIAL BANK 0.06%TURK TRAKTOR VE ZIRAAT MAKI 0.06%IOI CORPORATION BHD 0.06%WILSON BAYLY HOLMES-OVCON 0.06%GAMUDA BHD 0.06%ASIA OPTICAL CO INC 0.06%VIMPELCOM LTD-SPON ADR 0.06%FELDA GLOBAL VENTURES 0.06%QATAR ELECTRICITY & WATER C 0.06%SHINSEGAE CO LTD 0.06%COWAY CO LTD 0.05%JORDANIAN ELECTRIC POWER 0.05%BAJAJ AUTO LTD 0.05%JBS SA 0.05%AMBUJA CEMENTS LTD 0.05%COSCO PACIFIC LTD 0.05%VALE INDONESIA TBK 0.05%MAXIS BHD 0.05%THE FOSCHINI GROUP LTD 0.05%AS TALLINNA VESI-A EQUITY 0.05%NAN KANG RUBBER TIRE CO LTD 0.05%HYUNDAI HEAVY INDUSTRIES 0.05%HUA NAN FINANCIAL HOLDINGS 0.05%BANQUE CENTRALE POPULAIRE 0.05%GOLD FIELDS LTD 0.05%IHH HEALTHCARE BHD 0.05%ABOITIZ EQUITY VENTURES INC 0.05%RHB CAPITAL BHD 0.05%JSW ENERGY LTD 0.05%TMB BANK PUBLIC CORP-FOREIG 0.05%MERCATOR POSLOVNI SISTEM 0.05%NATIONAL BANK OF GREECE 0.05%TAIWAN COOPERATIVE FINANCIA 0.05%MICROBIO CO LTD 0.05%PIONEERS HOLDING 0.05%Security% of PortfolioLUKA KOPER 0.05%TRUWORTHS INTERNATIONAL LTD 0.05%PRUKSA REAL ESTATE PCL 0.05%NATIONAL INDUSTRIES GRP HOL 0.05%QUALICORP SA 0.05%NATIONAL BANK OF OMAN SAOG 0.05%ZEE ENTERTAINMENT ENTERPRIS 0.05%XL AXIATA TBK PT 0.05%SOUZA CRUZ SA 0.05%FOLLI FOLLIE SA 0.05%DMCI HOLDINGS INC 0.05%CENTRAIS ELETRICAS BRAS-PR 0.05%DANGOTE CEMENT PLC 0.05%HYUNDAI ENGINEERING & CONST 0.05%JINDAL STEEL & POWER LTD 0.05%DOUJA PROM ADDOHA 0.05%PAKISTAN PETROLEUM LTD 0.05%SAUDI TELECOM CO 0.05%AGUAS ANDINAS SA-A 0.05%CIMSA CIMENTO SANAYI VE TIC 0.05%CHINA YURUN FOOD GROUP LTD 0.05%VIETNAM JSC-CW16 0.05%CHINA AGRI-INDUSTRIES HLDGS 0.05%CHIMIMPORT AD 0.05%RELIANCE COMMUNICATIONS LTD 0.05%CHINA COMMUNICATIONS CONST- 0.05%DRYSHIPS INC 0.05%FAR EASTERN DEPARTMENT STOR 0.05%CB FIRST INVESTMENT BANK AD 0.05%AMMB HOLDINGS BHD 0.05%CHINA DEVELOPMENT FINANCIAL 0.05%KINGBOARD CHEMICAL HOLDINGS 0.05%BEIJING CAPITAL INTL AIRPO- 0.05%LSR GROUP OJSC-GDR REGS 0.05%CHINA OILFIELD SERVICES-H 0.05%GUANGDONG INVESTMENT LTD 0.05%ZHONGSHENG GROUP HOLDINGS 0.05%AYALA CORPORATION 0.05%LIBERTY HOLDINGS LTD 0.05%ADANI POWER LTD 0.05%MURRAY & ROBERTS HOLDINGS 0.05%SK HOLDINGS CO LTD 0.05%BURGAN BANK 0.05%PARQUE ARAUCO S.A. 0.05%MARIDIVE & OIL SERVICES USD 0.05%MINERA FRISCO SAB DE CV-A1 0.05%ACER INC 0.05%AAMAL CO 0.05%PETROVIETNA-CW14 0.05%KULIM MALAYSIA BHD 0.05%SINA CORP 0.05%AL RAJHI BANK 0.05%MMI HOLDINGS LTD 0.05%EXXARO RESOURCES LTD 0.05%AST Portfolio Holdings419 of 635

AST Parametric Emerging Markets Equity Portfolio (continued)Security% of PortfolioSTANDARD CHART BANK BOTSWAN 0.05%CAIRN INDIA LIMITED 0.05%LG HOUSEHOLD & HEALTH CARE 0.05%INTL CONTAINER TERM SVCS IN 0.05%NEW ORIENTAL EDUCATIO-SP AD 0.05%YTL CORPORATION BERHAD 0.05%ELSWEDY ELECTRIC CO 0.05%CHINA SYNTHETIC RUBBER 0.05%IJM CORP BHD 0.05%GENOMMA LAB INTERNACIONAL-B 0.05%CORP FINANCIERA COLOMBIANA 0.05%HANKOOK TIRE CO LTD 0.05%ADVANCED SEMICONDUCTOR ENGR 0.05%QATAR NATIONAL CEMENT CO 0.05%SAVOLA 0.05%CEMENTOS ARGOS SA 0.05%ONE TECH HOLDING 0.05%INDO TAMBANGRAYA MEGAH TBK 0.05%CCC SA 0.05%BANQUE MAROCAINE DU COMMERC 0.05%PICK N PAY STORES LTD 0.05%NEDBANK GROUP LTD 0.05%KUWAIT PORTLAND CEMENT CO 0.05%STEEL AUTHORITY OF INDIA 0.05%CHINA SHIPPING CONTAINER-H 0.05%AFRICAN RAINBOW MINERALS LT 0.05%STANDARD CHARTERED BANK LTD 0.05%NHPC LTD 0.05%KOREA INVESTMENT HOLDINGS C 0.05%ZAGREBACKA BANKA DD 0.05%SUZLON ENERGY LTD 0.05%NESTLE NIGERIA PLC 0.05%MULTIPLAN EMPREENDIMENTOS 0.05%AL TAYYAR TRAVEL GROUP(WRT) 0.05%CIA SANEAMENTO MINAS GERAIS 0.05%SOHU.COM INC 0.05%GOLDEN EAGLE RETAIL GROUP 0.05%LOJAS RENNER S.A. 0.04%AECI LTD 0.04%AS MERKO EHITUS 0.04%INDUSTRIAL BANK OF KOREA 0.04%ORASCOM TELECOM MEDIA P-NOT 0.04%MARCOPOLO SA-PREF 0.04%ROKISKIO SURIS 0.04%MABANEE CO SAKC 0.04%RANBAXY LABORATO-SP GDR REG 0.04%BANK MILLENNIUM SA 0.04%BANK DHOFAR SAOG 0.04%TRANSELECTRICA SA 0.04%CHINA VANKE -H- SHARES 0.04%YANTAI CHANGYU PIONEER-B 0.04%POLYMETAL INTERNATIONAL PLC 0.04%JORDAN TELECOM 0.04%E-MART CO LTD 0.04%Security% of PortfolioOMAN FLOUR MILLS 0.04%ESSAR OIL LTD 0.04%TVN SA 0.04%CHINA RESOURCES LAND LTD 0.04%GAZPROM NEFT-SPONSORED ADR 0.04%INNER MONGOLIA YITAI COAL-B 0.04%GLOW ENERGY PCL - FOREIGN 0.04%ENEA SA 0.04%INDUSTRIAS CH S.A.B.-SER B 0.04%RIYAD BANK 0.04%INNOLUX CORP 0.04%SHIN KONG FINANCIAL HOLDING 0.04%SYNNEX TECHNOLOGY INTL CORP 0.04%TAIWAN GLASS IND CORP 0.04%TATA COMMUNICATIONS LTD 0.04%SPAR GROUP LIMITED/THE 0.04%BANGKOK DUSIT MED SERVICE-F 0.04%SAPPI LIMITED 0.04%CENTRAL PATTANA PUB CO-FORE 0.04%APRANGA PVA 0.04%CHINA AIRLINES LTD 0.04%REALTEK SEMICONDUCTOR CORP 0.04%BR MALLS PARTICIPACOES SA 0.04%NAMPAK LTD 0.04%ELECTRICITY GEN PUB CO-FOR 0.04%UAC OF NIGERIA PLC 0.04%YAPI VE KREDI BANKASI 0.04%APOLLO HOSPITALS ENTERPRISE 0.04%YANGZIJIANG SHIPBUILDING 0.04%KIAN JOO CAN FACTORY BHD 0.04%EMPRESA NACIONAL DE TELECOM 0.04%CO-OPERATIVE BANK OF KENYA 0.04%BRITISH AMERICAN TOBACCO BH 0.04%SAMSUNG ELECTRO-MECHANICS C 0.04%RUENTEX DEVELOPMENT CO LTD 0.04%NVC LIGHTING HOLDINGS LTD 0.04%HELLENIC EXCHANGES - ATHENS 0.04%YAZICILAR HOLDING AS-A 0.04%SHANGHAI INDUSTRIAL HLDG LT 0.04%CHINA LIFE INSURANCE CO LTD 0.04%DONGBU INSURANCE CO LTD 0.04%HTC CORP 0.04%CAP SA 0.04%CIPLA LTD 0.04%LOTTE SHOPPING CO 0.04%UNITECH LTD 0.04%AKCANSA CIMENTO 0.04%CAL BANK LTD 0.04%COUNTRY GARDEN HOLDINGS CO 0.04%MONBAT AD 0.04%MHP SA -GDR REG S 0.04%INVESTEC LTD 0.04%LUBELSKI WEGIEL BOGDANKA SA 0.04%RAYSUT CEMENT CO 0.04%AST Portfolio Holdings420 of 635

AST Parametric Emerging Markets Equity Portfolio (continued)Security% of PortfolioPIENO ZVAIGZDES 0.04%PPC LTD 0.04%FAUJI FERTILIZER COMPANY LT 0.04%GS ENGINEERING & CONSTRUCT 0.04%PPB GROUP BERHAD 0.04%VINA CONCHA Y TORO SA 0.04%GS HOLDINGS 0.04%PHILEX MINING CORP 0.04%MMC CORP BHD 0.04%BEC WORLD PCL-FOREIGN 0.04%AES GENER SA 0.04%AMBASSADOR HOTEL/THE 0.04%BBMG CORPORATION-H 0.04%CHINA EVERBRIGHT LTD 0.04%CIA SIDERURGICA NACIONAL SA 0.04%SK CHEMICALS CO LTD 0.04%LITE-ON TECHNOLOGY CORP 0.04%BS FINANCIAL GROUP INC 0.04%OIL INDIA LTD 0.04%GRUPO FINANCIERO GALICIA-AD 0.04%QATARI INVESTORS GROUP 0.04%PAKISTAN STATE OIL CO LTD 0.04%CHINA COAL ENERGY CO-H 0.04%DYNASTY CERAMIC PUB CO LTD 0.04%BANQUE SAUDI FRANSI 0.04%CHINA CITIC BANK CORP LTD-H 0.04%SIEMENS LTD 0.04%SINO-OCEAN LAND HOLDINGS 0.04%CHINA TAIPING INSURANCE HOL 0.04%VIET NAM CO-CW14 0.04%HAGL JSC-CW15 0.04%CHROMA ATE INC 0.04%JOLLIBEE FOODS CORPORATION 0.04%AU OPTRONICS CORP 0.04%BANCO MACRO SA-ADR 0.04%CJ CHEILJEDANG CORP 0.04%AL AHLI BANK OF KUWAIT 0.04%STANDARD FOODS CORP 0.04%METROPOLITAN BANK & TRUST 0.04%CIA GENERAL DE ELECTRICIDAD 0.04%INTERCORP FINANCIAL SER INC 0.04%BEIJING ENTERPRISES HLDGS 0.04%TITAN CO LTD 0.04%SM PRIME HOLDINGS INC 0.04%SUZANO PAPEL E CELULO-PREF 0.04%BUMI SERPONG DAMAI PT 0.04%AL-ANWAR CERAMIC TILE CO 0.04%MARFRIG GLOBAL FOODS SA 0.04%SK C&C CO LTD 0.04%AVENG LTD 0.04%JIANGXI COPPER CO LTD-H 0.04%LAFARGE MALAYSIA BHD 0.04%GRINDROD LTD 0.04%MOTOR OIL (HELLAS) SA 0.04%Security% of PortfolioLIGHT SA 0.04%RUENTEX INDUSTRIES LTD 0.04%KUWAIT CEMENT CO 0.04%TV AZTECA SAB DE CV-CPO 0.04%TSINGTAO BREWERY CO LTD-H 0.04%RMI HOLDINGS 0.04%SILICONWARE PRECISION INDS 0.04%CPFL ENERGIA SA-ADR 0.03%CIA HERING 0.03%TAN CHONG MOTOR HOLDINGS BH 0.03%CIA PARANAENSE ENER-SP ADR 0.03%HONG LEONG FINANCIAL GROUP 0.03%GRUPO ARGOS SA-PRF 0.03%SAMSUNG HEAVY INDUSTRIES 0.03%HONG LEONG BANK BERHAD 0.03%AIR CHINA LTD-H 0.03%NINE DRAGONS PAPER HOLDINGS 0.03%KANGWON LAND INC 0.03%HOLCIM MAROC SA 0.03%THAI UNION FROZEN PROD-FORE 0.03%JASMINE INTL PCL-FOREIGN 0.03%HYPERMARCAS SA 0.03%NATURA COSMETICOS SA 0.03%AVTOVAZ 0.03%GEK TERNA HOLDING REAL ESTA 0.03%MILLAT TRACTORS LTD 0.03%NATIONAL INDUSTRIALIZATION 0.03%YANG MING MARINE TRANSPORT 0.03%PEGATRON CORP 0.03%ZTE CORP-H 0.03%TAMBANG BATUBARA BUKIT ASAM 0.03%ELETROPAULO METROPOLI-PREF 0.03%RURAL ELECTRIFICATION CORP 0.03%OMAN CEMENT CO 0.03%HYUNDAI MARINE & FIRE INS C 0.03%GUINNESS NIGERIA PLC 0.03%GLOBE TRADE CENTRE SA 0.03%SAMSUNG ENGINEERING CO LTD 0.03%BUMRUNGRAD HOSPITAL-FOREIGN 0.03%TEKFEN HOLDING AS 0.03%COSAN SA INDUSTRIA COMERCIO 0.03%ABOITIZ POWER CORP 0.03%WEI CHUAN FOODS 0.03%WEICHAI POWER CO LTD-H 0.03%ATLAS CONS MINING & DEV 0.03%RELIANCE POWER LTD 0.03%GLENMARK PHARMACEUTICALS LT 0.03%LOTTE CHEMICAL CORP 0.03%BANCO DAVIVIENDA SA 0.03%SAUDI ARABIAN MINING CO 0.03%ITHMAAR BANK BSC 0.03%METRO PACIFIC INVESTMENTS C 0.03%MASSMART HOLDINGS LTD 0.03%MALAYSIA MARINE AND HEAVY E 0.03%AST Portfolio Holdings421 of 635

AST Parametric Emerging Markets Equity Portfolio (continued)Security% of PortfolioBANK SOHAR 0.03%DAEWOO INTERNATIONAL CORP 0.03%SAMBA FINANCIAL GROUP 0.03%QATAR NAVIGATION 0.03%CTC MEDIA INC 0.03%IFCI LIMITED 0.03%SIAULIU BANKAS 0.03%COSTAMARE INC 0.03%MAURITIUS RUPEES 0.03%MASAN GROUP-CW18 0.03%FAR EASTERN NEW CENTURY COR 0.03%VIOHALCO SA 0.03%COLGATE PALMOLIVE (INDIA) 0.03%BOUSTEAD HOLDINGS BHD 0.03%HELLENIC PETROLEUM SA 0.03%BANK HANDLOWY W WARSZAWIE S 0.03%HYOSUNG CORPORATION 0.03%GULF FINANCE HOUSE EC 0.03%DAEWOO SECURITIES CO LTD 0.03%ALMENDRAL SA 0.03%BARCLAYS BANK LTD 0.03%WOORI INVESTMENT & SECURITI 0.03%PETROVIETNA-CW14 0.03%YAMAMAH SAUDI CEMENT CO 0.03%TRANSPORTADOR GAS SUR-SP B 0.03%SYNTHOS SA 0.03%GLOBE TELECOM INC 0.03%AVIATION LEASE AND FINANCE 0.03%GUANGZHOU AUTOMOBILE GROUP- 0.03%FORD OTOMOTIV SANAYI AS 0.03%AL EQBAL CO FOR INVESTMENT 0.03%BHARAT HEAVY ELECTRICALS 0.03%FOXCONN TECHNOLOGY CO LTD 0.03%GRUPA LOTOS SA 0.03%DAEWOO SHIPBUILDING & MARIN 0.03%DIANA SHIPPING INC 0.03%WISTRON CORP 0.03%BUDIMEX 0.03%SOCIETE MODERNE DE CERAMIQU 0.03%HYUNDAI DEPT STORE CO 0.03%SOLAR APPLIED MATERIALS TEC 0.03%GEMADEPT CORP 0.03%QUINENCO S.A. 0.03%SHIMAO PROPERTY HOLDINGS LT 0.03%RIPLEY CORP SA 0.03%CELLTRION INC 0.03%RANDON PARTICIPACOES SA-PRE 0.03%SBERBANK 0.03%AMREST HOLDINGS SE 0.03%METALURGICA GERDAU SA-PREF 0.03%EVA AIRWAYS CORP 0.03%LATVIJAS KUGNIECIBA 0.03%LUZ DEL SUR SAA-COMUN 0.03%MACQUARIE KOREA INFRA FUND 0.03%Security% of PortfolioLAFARGE CEMENT WAPCO NIGERI 0.03%AVIANCA HOLDINGS SA 0.03%DOHA BANK QSC 0.03%AIRASIA BHD 0.03%SIGDO KOPPERS SA 0.03%INTER RAO UES 0.03%KLAIPEDOS NAFTA PVA 0.03%S-OIL CORPORATION 0.03%UNITED BANK FOR AFRICA PLC 0.03%MALAYSIA AIRPORTS HLDGS BHD 0.03%CHINA SHANSHUI CEMENT GROUP 0.03%TRANSCEND INFORMATION INC 0.03%PAKISTAN OILFIELDS LTD 0.03%METKA SA 0.03%KLABIN SA-PREF 0.03%TUNG HO STEEL ENTERPRISE CO 0.03%KOZA ALTIN ISLETMELERI AS 0.03%EMBOTELLADORA ANDINA-ADR B 0.03%CANARA BANK 0.03%WINTEK CORP 0.03%ENNAKL 0.03%HSBC BANK OMAN 0.03%ECOBANK TRANSNATIONAL INC 0.03%JIANGSU EXPRESS CO LTD-H 0.03%CHINA RAILWAY GROUP LTD-H 0.03%RATCHABURI ELEC GEN HODG-FO 0.03%EDP - ENERGIAS DO BRASIL SA 0.03%CHINA COMMUNICATIONS SERVI- 0.03%TECH MAHINDRA LTD 0.03%JAIPRAKASH ASSOCIATES LTD 0.03%YULON MOTOR COMPANY 0.03%BYBLOS BANK 0.03%WAFA ASSURANCE 0.03%TOFAS TURK OTOMOBIL FABRIKA 0.03%CROMPTON GREAVES LTD 0.03%SAMSUNG FINE CHEMICALS CO 0.03%ACCESS BANK PLC 0.03%MACRONIX INTERNATIONAL 0.03%TRIPOD TECHNOLOGY CORP 0.03%ENGRO CORPORATION LTD 0.03%GULF CABLE & ELECTRICAL IND 0.03%CAPITAL PROPERTY (REIT) 0.03%TECO ELECTRIC & MACHINERY 0.03%THAI OIL PCL-FRGN 0.03%BANMEDICA SA 0.03%KERRY TJ LOGISTICS CO LTD 0.03%PORTS DESIGN LTD 0.03%DOGAN SIRKETLER GRUBU HLDGS 0.03%ENERGI MEGA PERSADA TBK PT 0.03%PP LONDON SUMATRA INDONES P 0.03%BANK DANAMON INDONESIA TBK 0.03%FAWAZ ABDULAZIZ ALHOKAIR CO 0.03%SHELL OMAN MARKETING 0.03%EUROPEAN CURRENCY 0.03%AST Portfolio Holdings422 of 635

AST Parametric Emerging Markets Equity Portfolio (continued)Security% of PortfolioSTANBIC IBTC HOLDINGS PLC 0.03%SECURITY BANK CORP 0.03%HOME PRODUCT CENTER PCL 0.03%KUWAIT INTERNATIONAL BANK 0.03%THANACHART CAPITAL-FOREIGN 0.03%SAUDI INTL PETRO P-NOTE HSB 0.03%CARTHAGE CEMENT 0.03%ADANI ENTERPRISES LTD 0.03%TTY BIOPHARM CO LTD 0.03%HYUNDAI MERCHANT MARINE 0.03%SINO-THAI ENGR & CONST-FOR 0.03%LS CORP 0.03%ALLIANCE FINANCIAL GROUP BH 0.03%DLF LTD 0.03%EVEN CONSTRUTORA E INCORPOR 0.03%UNIMICRON TECHNOLOGY CORP 0.03%TSRC CORP 0.03%ALLIANCES DEVELOPPEMENT IMM 0.03%KENYA ELECTRICITY GENERATIN 0.03%NOVOLIPET STEEL-GDR REG S 0.03%ENERGY DEVELOPMENT CORP 0.03%TURKIYE SINAI KALKINMA BANK 0.03%FILINVEST LAND INC 0.03%MANILA ELECTRIC COMPANY 0.03%HANWHA CHEMICAL CORP 0.03%BRADESPAR SA -PREF 0.02%KENYA POWER & LIGHTING LTD 0.02%PARKSON HOLDINGS BHD 0.02%UMW HOLDINGS BHD 0.02%RENAISSANCE SERVICES SAOG 0.02%BERJAYA SPORTS TOTO BHD 0.02%PETROL AD 0.02%HARMONY GOLD MINING CO LTD 0.02%MAGNUM BHD 0.02%POULINA GROUP HOLDING 0.02%GUBRE FABRIKALARI TAS 0.02%INDORAMA VENTURES-FOREIGN 0.02%LIC HOUSING FINANCE LTD 0.02%PRECIOUS SHIPPING PCL-FORGN 0.02%CAIRO AMMAN BANK 0.02%ALINMA BANK 0.02%NAVIOS MARITIME HOLDINGS IN 0.02%IRPC PCL - FOREIGN 0.02%PALM HILLS DEVELOPMENT SAE 0.02%BANPU PUBLIC CO LTD-FOR REG 0.02%WPG HOLDINGS LTD 0.02%ALMARI CO LTD 0.02%JARIR MARKETING CO 0.02%TAIWAN DOLLAR 0.02%BANGKOK EXPRESSWAY PUB CO 0.02%ARAB COTTON GINNING 0.02%SALFACORP SA 0.02%SIMPLO TECHNOLOGY CO LTD 0.02%KOPEX SA 0.02%Security% of PortfolioROBINSON DEPT STORE PCL-FOR 0.02%POLYPLEX PCL-FOREIGN 0.02%INDOSAT TBK PT 0.02%TAIWAN FERTILIZER CO LTD 0.02%KENDA RUBBER INDUSTRIAL CO 0.02%AVANGARDCO INVESTMENTS-GDR 0.02%CRESUD S.A.-SPONS ADR 0.02%AYGAZ AS 0.02%LG UPLUS CORP 0.02%TRAKYA CAM SANAYII AS 0.02%ORION CORP 0.02%SULTAN CENTER FOOD PRODUCTS 0.02%GODREJ CONSUMER PRODUCTS LT 0.02%ULKER BISKUVI SANAYI 0.02%E INK HOLDINGS INC 0.02%WUXI PHARMATECH CAYMAN-ADR 0.02%FEDERAL GRID CO UNIFIED 0.02%PAKISTAN TELECOM CO LTD 0.02%TPK HOLDING CO LTD 0.02%SEKERBANK 0.02%EVRAZ PLC 0.02%BROOKFIELD INCORPORACOES SA 0.02%BAOVIET HOL-CW15 0.02%PETKIM PETROKIMYA HOLDING A 0.02%LI NING CO LTD 0.02%SAMSUNG TECHWIN CO LTD 0.02%SAUDI ARABIAN FETILIZER CO 0.02%NOVATEK MICROELECTRONICS CO 0.02%MALAYSIAN RESOURCES CORP BH 0.02%GRUPO ELEKTRA SAB DE CV 0.02%BANQUE INTL ARABE DE TUNISI 0.02%ACC LTD 0.02%BORYSZEW SA 0.02%FLOUR MILLS NIGERIA PLC 0.02%NCSOFT CORPORATION 0.02%KOREAN AIR LINES CO LTD 0.02%KONCAR-ELETROINDUSTRIJA D.D 0.02%USINAS SIDER MINAS GER-PF A 0.02%ZINWELL CORPORATION 0.02%NISHAT MILLS LTD 0.02%MINSUR SA-INVERSIONES 0.02%IOCHPE-MAXION S.A. 0.02%D.G. KHAN CEMENT 0.02%ANTIBIOTICE IASI 0.02%GLOBAL CITY HOLDINGS NV 0.02%BARCLAYS BANK OF BOTSWANA 0.02%AEGEAN MARINE PETROLEUM NET 0.02%LOPEZ HOLDINGS CORP 0.02%BUMI ARMADA BERHAD 0.02%SAUDI CEMENT P-NOTE HSBC(WR 0.02%WCT HOLDINGS BHD 0.02%E.CL SA 0.02%PETROVIETNA-CW14 0.02%ECORODOVIAS INFRA E LOG SA 0.02%AST Portfolio Holdings423 of 635

AST Parametric Emerging Markets Equity Portfolio (continued)Security% of PortfolioPHA LAI THE-CW15 0.02%HANJIN SHIPPING CO LTD 0.02%DOOSAN HEAVY INDUSTRIES 0.02%ATLANTSKA PLOVIDBA DD 0.02%TURK EKONOMI BANKASI 0.02%ASTARTA HOLDING NV 0.02%CHICONY ELECTRONICS CO LTD 0.02%MANILA WATER COMPANY 0.02%MRV ENGENHARIA 0.02%BERJAYA CORP BHD 0.02%GALFAR ENGINEERING&CONTRACT 0.02%MASISA SA 0.02%AFRICAN BANK INVESTMENTS LT 0.02%BUMI RESOURCES TBK PT 0.02%CYRELA BRAZIL REALTY SA EMP 0.02%UEM SUNRISE BHD 0.02%BR PROPERTIES SA 0.02%KOZA ANADOLU METAL MADENCIL 0.02%GORENJE VELENJE 0.02%JASTRZEBSKA SPOLKA WEGLOWA 0.02%SHANDONG WEIGAO GP MEDICAL- 0.02%POLAND ZLOTY 0.02%ITALIAN-THAI DEVELOP-FOREIG 0.02%TABREED 0.02%DANANG RUBB-CW19 0.02%FCMB GROUP PLC 0.02%NATIONAL BANK OF PAKISTAN 0.02%EVERGRANDE REAL ESTATE GROU 0.02%MOBILE TELECOMMUNICATIONS C 0.02%ROBINSONS LAND CO 0.02%LUX ISLAND RESORTS LTD 0.02%BRAZILIAN REAL 0.02%SAIGON THUO-CW19 0.02%KIATNAKIN BANK PCL-FOR 0.02%LAND & HOUSES PUB CO-FOR RE 0.02%BANCO BRADESCO-ADR 0.02%OI SA-PREFERENCE 0.02%POWERTECH TECHNOLOGY INC 0.02%VENTSPILS NAFTA 0.02%AEROFLOT-RUSSIAN AIRLINES 0.02%BAGFAS BANDIRMA GUBRE FABRI 0.02%AGORA SA 0.02%INDIAN RUPEE 0.02%BANK TABUNGAN NEGARA PERSER 0.02%SOHO CHINA LTD 0.02%STEALTHGAS INC 0.02%BBVA BANCO FRANCES SA-ADR 0.02%MALAYSIA RINGGIT 0.01%SAUDI ARABIAN AMIANTIT CO 0.01%PDG REALTY SA 0.01%MIGROS TICARET A.S 0.01%BANK NIZWA 0.01%DEVELOPMENT-CW15 0.01%ASTRA AGRO LESTARI TBK PT 0.01%Security% of PortfolioINTRALOT S.A.-INTEGRATED LO 0.01%FATIMA FERTILIZER CO LTD 0.01%BPD JAWA BARAT DAN BANTEN T 0.01%IDGC HOLDING JSC 0.01%IOI PROPERTIES GROUP BHD 0.01%PETROKEMIJA D.D. 0.01%GHANA CEDIS 0.01%MANAGEM 0.01%MOSENERGO 0.01%BANQUE DE TUNISIE 0.01%MARFIN INVESTMENT GROUP HOL 0.01%NORDECON AS 0.01%MECHEL-SPONSORED ADR 0.01%FORUS SA 0.01%PHARMSTANDARD-REG S GDR 0.01%TOP FRONTIER INVESTMENT HLD 0.01%BESALCO SA 0.01%BAMBURI CEMENT CO LTD 0.01%PETROBRAS ARGENTINA SA-B 0.01%CASA GRANDE SAA 0.01%AL MEERA CONSUMER GOODS CO 0.01%PETROVIETNA-CW16 0.01%KENYA AIRWAYS LTD 0.01%CPFL ENERGIA SA 0.01%SOUTH AFRICAN RAN 0.01%CENTRAL COOP BANK AD 0.01%CIA SANEAMENTO BASICO DE SP 0.01%FRIGOGLASS SA 0.01%CIM FINANCIAL SERVICES LTD 0.01%KNB FINANCIAL GROUP CO LTD 0.01%IRSA -SP ADR 0.01%INDUSTRIAL HOLDING BULGARIA 0.01%TRUE CORP - RIGHTS 0.01%HANJIN KAL CORP 0.01%ROGERS AND CO LTD 0.01%RUSSIAN ROUBLE 0.01%NHN ENTERTAINMENT CORP 0.01%MEXICAN PESO 0.01%POLIMEX-MOSTOSTAL SA 0.01%KUWAIT DINAR 0.01%INDONESIAN RUPIAH 0.01%BORNEO LUMBUNG ENERGI & MET 0.01%COLUMBIA PESO 0.01%MUMIAS SUGAR CO LTD ORD 5.0 0.01%MOROCCO DIRHAMS < 0.01%KJB FINANCIAL GROUP CO LTD < 0.01%NEW WORLD RESOURCES PLC-A S < 0.01%CROATIA KUNA < 0.01%CHAODA MODERN AGRICULTURE < 0.01%PAKISTAN RUPEE < 0.01%PHILIPPINES PESO < 0.01%OTCPHARM < 0.01%OLEO E GAS PARTICIPACOES SA < 0.01%NIGERIA NAIRA < 0.01%AST Portfolio Holdings424 of 635

AST Parametric Emerging Markets Equity Portfolio (continued)Security% of PortfolioCHILEAN PESO < 0.01%KENYA SHILLING < 0.01%TUNISIAN DOLLAR < 0.01%QATAR RIALS < 0.01%ENGRO FERTILIZER LTD < 0.01%KOREAN WON < 0.01%WAPIC INSURANCE PLC < 0.01%TURKISH LIRA < 0.01%AYALA LAND-PREF < 0.01%PERUVIAN INTI < 0.01%BUMI RESOURCES - RIGHTS < 0.01%SAVA < 0.01%ROMANIA NEW LEI < 0.01%LITHUANIA LATI < 0.01%THAILAND BAHT < 0.01%SINGAPORE DOLLAR < 0.01%BOTSWANA PULAS < 0.01%BULGARIA LEV < 0.01%JORDAN DINARS < 0.01%UK POUND STERLING < 0.01%OMAN RIALS < 0.01%UNITED ARAB EMERI < 0.01%HUNGARIAN FORINT < 0.01%CZECH KORUNA < 0.01%AKENERJI ELEKTRIK URETIM AS < 0.01%MALAYSIAN RES WARRANTS < 0.01%OLOV. TZ. KOMPLEX AD < 0.01%AMLAK FINANCE < 0.01%REAL GOLD MINING LTD < 0.01%AFRILAND PROPERTIES PLC < 0.01%CORPORATE COMMERCIAL BANK A < 0.01%ECOBK TRANSNAT PREF < 0.01%BERLIAN LAJU TANKER TBK PT < 0.01%425 of 635AST Portfolio Holdings

AST Parametric Emerging Markets Equity PortfolioSecurity% of PortfolioSAMSUNG ELECTRONICS CO LTD 1.10%MTN GROUP LTD 1.05%AMERICA MOVIL-ADR SERIES L 0.82%GAZPROM OAO-SPON ADR 0.81%CHINA MOBILE LTD 0.77%NASPERS LTD-N SHS 0.68%TENCENT HOLDINGS LTD 0.56%TAIWAN SEMICONDUCTOR MANUFA 0.56%MAGNIT 0.56%SASOL LTD 0.55%LUKOIL OAO-SPON ADR 0.54%PRUDENTIAL CORE INVESTMENT 0.53%SBERBANK-SPONSORED ADR 0.53%GRUPO FINANCIERO BANORTE-O 0.51%GRUPO FINANCIERO INBURSA-O 0.50%CEZ AS 0.47%PETROLEO BRASIL-SP PREF AD 0.47%BAIDU INC - SPON ADR 0.45%RELIANCE INDS-SPONS GDR 144 0.44%CHINA CONSTRUCTION BANK-H 0.42%ITAU UNIBANCO HLDNG-PREF AD 0.42%OTP BANK PLC 0.42%BANCO BRADESCO SA-PREF 0.39%SOLIDERE - GDR REG S 0.39%INFOSYS LTD-SP ADR 0.39%CREDICORP LTD 0.39%POSCO 0.38%COMMERCIAL INTERNATIONAL BA 0.38%IND & COMM BK OF CHINA-H 0.37%MCB GROUP LTD 0.37%CNOOC LTD 0.36%KOMERCNI BANKA AS 0.36%VALE SA-SP PREF ADR 0.36%ALFA S.A.B.-A 0.35%HOUSING DEVELOPMENT FINANCE 0.35%RICHTER GEDEON NYRT 0.35%AMERICA MOVIL SAB DE C-SER 0.34%LETSHEGO HOLDINGS LTD 0.34%PETROCHINA CO LTD-H 0.34%HON HAI PRECISION INDUSTRY 0.33%TALLINK GROUP AS 0.32%CEMEX SAB-CPO 0.30%CIELO SA 0.29%MOBILE TELESYSTEMS OJSC 0.29%AMBEV SA-SPN ADR 0.29%GRUPO MEXICO SAB DE CV-SER 0.29%CHINA PETROLEUM & CHEMICAL- 0.29%ARAB BANK PLC 0.28%HALYK SAVINGS BANK-GDR REG 0.28%TATA CONSULTANCY SVCS LTD 0.28%COPA HOLDINGS SA-CLASS A 0.28%MOL HUNGARIAN OIL AND GAS P 0.27%BANCA TRANSILVANIA 0.27%BIDVEST GROUP LTD 0.27%Security% of PortfolioSHINHAN FINANCIAL GROUP LTD 0.27%TURKCELL ILETISIM HIZMET AS 0.27%KRKA 0.27%S.A.C.I. FALABELLA 0.27%SOUTHERN COPPER CORP 0.27%TURKIYE GARANTI BANKASI 0.27%WALMART DE MEXICO-SER V 0.26%EREGLI DEMIR VE CELIK FABRI 0.26%PKO BANK POLSKI SA 0.26%KAZMUNAIGAS EXPLORA-GDR REG 0.26%GHANA COMMERCIAL BANK 0.25%EMPRESAS COPEC SA 0.25%EMAAR PROPERTIES PJSC 0.25%HYUNDAI MOTOR CO 0.24%STANDARD BANK GROUP LTD 0.24%AKBANK T.A.S. 0.24%TELEKOMUNIKASI INDONESIA PE 0.24%SIME DARBY BERHAD 0.24%FOMENTO ECONOMICO MEXICA-UB 0.24%DP WORLD LTD 0.24%ICICI BANK LTD-SPON ADR 0.23%PGE SA 0.23%KOC HOLDING AS 0.23%MEDIATEK INC 0.23%CEMEX SAB-SPONS ADR PART CE 0.23%HRVATSKI TELEKOM DD 0.23%BANK CENTRAL ASIA TBK PT 0.23%MMC NORILSK NICKEL JSC-ADR 0.22%BANK OF CHINA LTD-H 0.22%HDFC BANK LIMITED 0.22%MOBILE TELECOMMUNICATIONS C 0.22%OMV PETROM SA 0.22%UNITED TRACTORS TBK PT 0.21%INDUSTRIES QATAR 0.21%NATIONAL BANK OF KUWAIT 0.21%ADRIS GRUPA DD-PREF 0.21%ALICORP S.A.-COMUN 0.21%POWSZECHNY ZAKLAD UBEZPIECZ 0.21%CHUNGHWA TELECOM CO LTD 0.21%BANCO DE CHILE 0.20%SK TELECOM 0.20%BRF SA 0.20%GRUPO CARSO SAB DE CV-SER A 0.20%SAFARICOM LTD 0.20%BHARTI AIRTEL LTD 0.20%ASTRA INTERNATIONAL TBK PT 0.20%KOREA ELECTRIC POWER CORP 0.20%MCB BANK LTD 0.20%KUWAIT FINANCE HOUSE 0.20%PERUSAHAAN GAS NEGARA PERSE 0.20%BANK PEKAO SA 0.20%OIL & NATURAL GAS CORP LTD 0.20%ARABTEC HOLDING CO 0.19%ENERSIS SA 0.19%AST Portfolio Holdings426 of 635

AST Parametric Emerging Markets Equity Portfolio (continued)Security% of PortfolioITAUSA-INVESTIMENTOS ITAU-P 0.19%ADVANCED INFO SERVICE-FOR R 0.19%NAN YA PLASTICS CORP 0.19%ITC LTD 0.19%BANCOLOMBIA S.A.-SPONS ADR 0.19%KB FINANCIAL GROUP INC 0.18%BIM BIRLESIK MAGAZALAR AS 0.18%CP ALL PCL-FOREIGN 0.18%SIAM COMMERCIAL BANK-FOREIG 0.18%SK HYNIX INC 0.18%SECHABA BREWERIES LTD 0.18%MASRAF AL RAYAN 0.18%SANLAM LTD 0.18%LG CHEM LTD 0.18%BRD-GROUPE SOCIETE GENERALE 0.18%BANCO SANTANDER CHILE 0.18%QATAR NATIONAL BANK 0.17%BANCO DO BRASIL S.A. 0.17%CATHAY FINANCIAL HOLDING CO 0.17%GLOBAL TELECOM HOLDING-GDR 0.17%NOVATEK OAO 0.17%MAGYAR TELEKOM TELECOMMUNIC 0.17%KAZAKHMYS PLC 0.17%CHINA LIFE INSURANCE CO-H 0.17%OPAP SA 0.17%IMPULSORA DEL DESARROLLO Y 0.17%EMPRESA NACIONAL DE ELECTRI 0.17%CHINA STEEL CORP 0.17%HYUNDAI MOBIS CO LTD 0.16%CCR SA 0.16%TUPRAS-TURKIYE PETROL RAFIN 0.16%AXIS BANK LTD 0.16%SISTEMA JSFC 0.16%TATNEFT-SPONSORED ADR 0.16%MAROC TELECOM 0.16%FIRST NATIONAL BANK BOTSWAN 0.16%FORMOSA PLASTICS CORP 0.16%GRUPO TELEVISA SAB-SER CPO 0.16%COMPARTAMOS SAB DE CV 0.16%GRUPO NUTRESA SA 0.16%PTT PCL/FOREIGN 0.16%TURKIYE IS BANKASI-C 0.16%HACI OMER SABANCI HOLDING 0.15%FIRST GULF BANK 0.15%GRUPO TELEVISA SA-SPON ADR 0.15%SUN PHARMACEUTICAL INDUS 0.15%VODACOM GROUP LTD 0.15%KASIKORNBANK PCL-FOREIGN 0.15%GRUPO BIMBO SAB- SERIES A 0.15%BANK RAKYAT INDONESIA PERSE 0.15%REMGRO LTD 0.15%TIM PARTICIPACOES SA 0.15%KGHM POLSKA MIEDZ SA 0.15%WANT WANT CHINA HOLDINGS LT 0.15%Security% of PortfolioGRUPO AEROPORT DEL PACIFIC- 0.15%KAZKOMMERTSBANK-OCT GDR REG 0.15%SM INVESTMENTS CORP 0.15%NATIONAL BANK OF ABU DHABI 0.15%NAVER CORP 0.15%SAMSUNG LIFE INSURANCE CO L 0.15%SAMSUNG FIRE & MARINE INS 0.14%LPP SA 0.14%TELEFONICA BRASIL S.A.-PREF 0.14%BANKMUSCAT SAOG 0.14%CHINA UNICOM HONG KONG LTD 0.14%SEMEN INDONESIA PERSERO TBK 0.14%ECOPETROL SA 0.14%SURGUTNEFTEGAS-SP ADR 0.14%PTT EXPLORATION & PROD-FOR 0.14%ABU DHABI COMML 0.14%WIPRO LTD 0.14%ARCA CONTINENTAL SAB DE CV 0.14%TURKIYE HALK BANKASI 0.14%EMBRAER SA-ADR 0.14%CTRIP.COM INTERNATIONAL-ADR 0.14%ALMACENES EXITO SA 0.14%CHINA TELECOM CORP LTD-H 0.14%MAIL.RU GROUP-GDR REGS 0.14%KUWAIT FOODS (AMERICANA) 0.14%PEGAS NONWOVENS SA 0.14%PETROBRAS ARGENTINA - ADR 0.13%AHLI UNITED BANK B.S.C 0.13%YANDEX NV-A 0.13%OLYMPIC ENTERTAINMENT GROUP 0.13%PING AN INSURANCE GROUP CO- 0.13%ROSNEFT OJSC-REG S GDR 0.13%EAST AFRICAN BREWERIES LTD 0.13%FIRSTRAND LTD 0.13%STEINHOFF INTL HOLDINGS LTD 0.13%CHINA SHENHUA ENERGY CO-H 0.13%QUIMICA Y MINERA CHIL-SP AD 0.13%KIA MOTORS CORPORATION 0.13%HELLENIC TELECOMMUN ORGANIZ 0.13%STATE BANK OF MAURITIUS LTD 0.13%TURK HAVA YOLLARI AO 0.13%PETRONAS CHEMICALS GROUP BH 0.13%JUHAYNA FOOD INDUSTRIES 0.13%VTB BANK OJSC-GDR-REG S 0.13%NTPC LTD 0.13%ARAB POTASH COMPANY 0.13%KIMBERLY-CLARK DE MEXICO-A 0.13%CENCOSUD SA 0.13%POLSKI KONCERN NAFTOWY ORLE 0.12%MEXICHEM SAB DE CV-* 0.12%MERCADOLIBRE INC 0.12%UNI-PRESIDENT ENTERPRISES C 0.12%FORMOSA CHEMICALS & FIBRE 0.12%MALAYAN BANKING BHD 0.12%AST Portfolio Holdings427 of 635

AST Parametric Emerging Markets Equity Portfolio (continued)Security% of PortfolioSAPURAKENCANA PETROLEUM BHD 0.12%GRANA Y MONTERO SAA 0.12%EMPRESAS CMPC SA 0.12%IMPALA PLATINUM HOLDINGS LT 0.12%BANK MANDIRI PERSERO TBK PT 0.12%ANGLOGOLD ASHANTI-SPON ADR 0.12%NEW MAURITIUS HOTELS LTD 0.12%SURGUTNEFTEGAS-PREFERENCE 0.12%TELEKOM SLOVENIJE DD 0.12%KT&G CORP 0.12%ASPEN PHARMACARE HOLDINGS L 0.12%CEMIG SA -SPONS ADR 0.12%FUBON FINANCIAL HOLDING CO 0.12%WEG SA 0.12%THAI BEVERAGE PCL 0.12%SESA STERLITE LTD 0.11%STATE BANK OF INDI-GDR REG 0.11%AXIATA GROUP BERHAD 0.11%LATAM AIRLINES GROUP-SP ADR 0.11%TENAGA NASIONAL BHD 0.11%ANADOLU EFES BIRACILIK VE 0.11%CORPBANCA 0.11%MAHINDRA & MAHINDRA-SPON GD 0.11%MASAN GROUP-CW16 0.11%CHINA OVERSEAS LAND & INVES 0.11%PUBLIC BANK BERHAD 0.11%OANDO PLC 0.11%CHINA MENGNIU DAIRY CO 0.11%POWER GRID CORP OF INDIA LT 0.11%GENTING BHD 0.11%UNIPETROL AS 0.11%PODRAVKA PREHRAMBENA IND DD 0.11%ORANGE POLSKA SA 0.11%TELECOM ARGENTINA SA-SP ADR 0.11%HINDUSTAN UNILEVER LTD 0.11%TATA MOTORS LTD-SPON ADR 0.11%SHOPRITE HOLDINGS LTD 0.11%FOMENTO ECONOMICO MEX-SP AD 0.11%PHILIPPINE LONG DISTANCE TE 0.11%FERREXPO PLC 0.11%CTBC FINANCIAL HOLDING CO L 0.11%TIGER BRANDS LTD 0.11%HOTAI MOTOR COMPANY LTD 0.10%SINOPHARM GROUP CO-H 0.10%INDOCEMENT TUNGGAL PRAKARSA 0.10%SONDA SA 0.10%PETROBRAS - PETROLEO BRAS-P 0.10%INDUSTRIAS PENOLES SAB DE C 0.10%VALE SA-PREF 0.10%SAMSUNG SDI CO LTD 0.10%ATTIJARIWAFA BANK 0.10%BATU KAWAN BHD 0.10%AGRICULTURAL BANK OF CHINA- 0.10%BM&FBOVESPA SA 0.10%Security% of PortfolioKOREA ZINC CO LTD 0.10%DELTA ELECTRONICS INC 0.10%BANCO DE CREDITO E INVERSIO 0.10%LAFARGE CIMENTS 0.10%URALKALI-SPON GDR-REG S 0.10%RUSHYDRO JSC-ADR 0.10%AIRPORTS OF THAILAND PCL-FO 0.10%VODAFONE QATAR 0.10%ULTRAPAR PARTICIPACOES SA 0.10%EASTERN CO 0.10%CITIC PACIFIC LTD 0.10%QATAR GAS TRANSPORT(NAKILAT 0.10%HCL TECHNOLOGIES LTD 0.10%CHAROEN POKPHAND FOOD-FORGN 0.10%ENKA INSAAT VE SANAYI AS 0.10%LENOVO GROUP LTD 0.10%INTERCONEXION ELECTRICA SA 0.10%SAMSUNG C&T CORP 0.10%KOTAK MAHINDRA BANK LTD 0.10%ADARO ENERGY TBK PT 0.10%MR PRICE GROUP LTD 0.10%BRILLIANCE CHINA AUTOMOTIVE 0.10%ISAGEN SA ESP 0.09%ANTARCHILE SA 0.09%FEDERAL HYDROGENERATING CO 0.09%LARSEN & TOUBRO-GDR REG S 0.09%BARLOWORLD LTD 0.09%GRUPO DE INV SURAMERICANA 0.09%COCA-COLA ICECEK AS 0.09%BOLSA MEXICANA DE VALORES S 0.09%ERICSSON NIKOLA TESLA 0.09%ASSECO POLAND SA 0.09%OIL & GAS DEVELOPMENT CO LT 0.09%POZAVAROVALNICA SAVA DD 0.09%WOOLWORTHS HOLDINGS LTD 0.09%HONG KONG DOLLAR 0.09%ROSTELECOM 0.09%KUNLUN ENERGY CO LTD 0.09%KALBE FARMA TBK PT 0.09%HANA FINANCIAL GROUP 0.09%COAL INDIA LTD 0.09%NETEASE INC-ADR 0.09%SIAM CEMENT PUB CO-FOR REG 0.09%HINDALCO INDUSTRIES LTD 0.09%KENYA COMMERCIAL BANK LTD 0.09%COCA-COLA FEMSA SAB-SER L 0.09%T M G HOLDING 0.09%EQUITY BANK LTD 0.09%NETIA SA 0.09%X 5 RETAIL GROUP NV-REGS GD 0.09%LARGAN PRECISION CO LTD 0.09%DIGI.COM BHD 0.09%GULF INTERNATIONAL SERVICES 0.09%ZENITH BANK PLC 0.09%AST Portfolio Holdings428 of 635

AST Parametric Emerging Markets Equity Portfolio (continued)Security% of PortfolioPIRAEUS BANK S.A 0.09%RELIANCE INFRASTRUCTURE LTD 0.09%TALLINNA KAUBAMAJA AS 0.09%OMAN TELECOMMUNICATIONS CO 0.09%EMLAK KONUT GAYRIMENKUL YAT 0.09%OOREDOO QSC 0.09%RMB HOLDINGS LTD 0.09%ASUSTEK COMPUTER INC 0.09%ARCOS DORADOS HOLDINGS INC- 0.09%TURK SISE VE CAM FABRIKALAR 0.09%OMANI QATARI TELECOMMUNICAT 0.09%DATATEC LTD 0.09%NETCARE LTD 0.08%PRESIDENT CHAIN STORE CORP 0.08%COMMERCIAL BANK OF KUWAIT 0.08%FERREYCORP SAA 0.08%TAURON POLSKA ENERGIA SA 0.08%BOSCH LTD 0.08%UNIVERSAL ROBINA CORP 0.08%LOJAS AMERICANAS SA-PREF 0.08%DONGFENG MOTOR GRP CO LTD-H 0.08%PIK GROUP-GDR REG S 0.08%ALPHA BANK A.E. 0.08%AYALA LAND INC 0.08%GRUPO ARGOS SA 0.08%HANA MICROELECTRONICS-FOREI 0.08%TITAN CEMENT CO. S.A. 0.08%NIGERIAN BREWERIES PLC 0.08%POLSKIE GORNICTWO NAFTOWE I 0.08%EMPRESA DE ENERGIA DE BOGOT 0.08%CIA DE MINAS BUENAVENTUR-AD 0.08%KT CORP 0.08%MUNDRA PORT AND SEZ LTD 0.08%SOPHARMA AD SOFIA 0.08%BARCLAYS AFRICA GROUP LTD 0.08%PETROL DD LJUBLJANA 0.08%GUARANTY TRUST BANK 0.08%EZZ STEEL 0.08%GUDANG GARAM TBK PT 0.08%COMPAL ELECTRONICS 0.08%FORMOSA PETROCHEMICAL CORP 0.08%CHINA MERCHANTS BANK-H 0.08%JG SUMMIT HOLDINGS INC 0.08%TINGYI (CAYMAN ISLN) HLDG C 0.08%CHINA RESOURCES ENTERPRISE 0.08%SAUDI BASIC INDUSTRIES 0.08%KUALA LUMPUR KEPONG BHD 0.08%AL-QURAIN PETROCHEMICALS CO 0.08%JUMBO SA 0.08%YUANTA FINANCIAL HOLDING CO 0.08%BOTSWANA INSURANCE HLDGS LT 0.08%ZAVAROVALNICA TRIGLAV DD 0.08%CIMB GROUP HOLDINGS BHD 0.08%ASIA CEMENT CORP 0.08%Security% of PortfolioDISCOVERY LTD 0.08%INDIAN OIL CORPORATION LTD 0.08%CYFROWY POLSAT SA 0.08%TELEKOM MALAYSIA BHD 0.08%REUNERT LTD 0.08%EGYPTIAN KUWAITI HLDG CO 0.08%SIDI KERIR PETROCHEMICALS 0.08%CHINA RESOURCES POWER HOLDI 0.08%GERDAU SA-PREF 0.08%DR. REDDY'S LABORATORIES 0.08%QATAR ISLAMIC BANK 0.08%MBANK 0.07%HYUNDAI STEEL CO 0.07%AK TRANSNEFT OAO-PREF 0.07%CHINA NATIONAL BUILDING MA- 0.07%ABU DHABI NAT HO 0.07%UNILEVER INDONESIA TBK PT 0.07%PUBLIC POWER CORP 0.07%CATCHER TECHNOLOGY CO LTD 0.07%AAC TECHNOLOGIES HOLDINGS I 0.07%AL-SALAM BANK 0.07%GAIL INDIA LTD 0.07%BANCO DE BOGOTA 0.07%CAPITAL BANK OF JORDAN 0.07%CIA CERVECERIAS UNIDAS-ADR 0.07%PICC PROPERTY & CASUALTY -H 0.07%BANK NEGARA INDONESIA PERSE 0.07%AGILITY 0.07%TURK TELEKOMUNIKASYON AS 0.07%SK INNOVATION CO LTD 0.07%JSC BANK FO-CW16 0.07%HYUNDAI GLOVIS CO LTD 0.07%CETIP SA-MERCADOS ORGANIZAD 0.07%UNION NATIONAL BANK/ABU DHA 0.07%CHINA MERCHANTS HLDGS INTL 0.07%ALDAR PROPERTIES PJSC 0.07%TATA POWER CO LTD 0.07%BANK OF COMMUNICATIONS CO-H 0.07%BANCO SANTANDER BRASIL-UNI 0.07%DELTA ELECTRONICS THAI-FORG 0.07%ANHUI CONCH CEMENT CO LTD-H 0.07%CIA BRASILEIRA DE DIS-PREF 0.07%VOLCAN CIA MINERA SAA-CMN B 0.07%ALUMINUM CORP OF CHINA LTD- 0.07%HUB POWER COMPANY 0.07%ULTRATECH CEMENT LTD 0.07%TELKOM SA SOC LTD 0.07%LG CORP 0.07%GRUPO AVAL ACCIONES Y VAL 0.07%ALEXANDRIA MINERAL OILS CO 0.07%VINCOM JSC-CW14 0.07%IMPERIAL HOLDINGS LTD 0.07%CHINA HIGH SPEED TRANSMISSI 0.07%ING BANK SLASKI SA 0.07%AST Portfolio Holdings429 of 635

AST Parametric Emerging Markets Equity Portfolio (continued)Security% of PortfolioCHENG SHIN RUBBER IND CO LT 0.07%MINDRAY MEDICAL INTL LTD-AD 0.07%GASLOG LTD 0.07%IDEA CELLULAR LTD 0.07%GREAT WALL ENTERPRISES 0.07%ARCELIK AS 0.07%CHAROEN POKPHAND INDONESI P 0.07%GRINDEKS 0.07%GENTING MALAYSIA BHD 0.07%BANGKOK BANK PCL-FOREIGN RE 0.07%WOORI FINANCE HOLDINGS CO 0.07%PTT GLOBAL CHEMICAL PCL-FOR 0.07%TURKIYE VAKIFLAR BANKASI T- 0.07%EMPRESAS ICA S.A.B 0.07%PETROVIETNA-CW19 0.07%TAIWAN MOBILE CO LTD 0.07%SIHUAN PHARMACEUTICAL HLDGS 0.07%ZHEJIANG EXPRESSWAY CO-H 0.07%INDOFOOD SUKSES MAKMUR TBK 0.07%SIBANYE GOLD LTD 0.07%TAV HAVALIMANLARI HOLDING A 0.07%LG ELECTRONICS INC 0.07%BANK AUDI SAL 0.07%RELIANCE CAPITAL LTD 0.07%BOUBYAN PETROCHEMICALS CO 0.07%HERO MOTOCORP LTD 0.07%PAMPA ENERGIA SA-SPON ADR 0.07%KRUNG THAI BANK PUB CO-FORE 0.07%QATAR INTERNATIONAL ISLAMIC 0.07%E.SUN FINANCIAL HOLDING CO 0.07%SINO BIOPHARMACEUTICAL 0.07%SAMSUNG SECURITIES CO LTD 0.07%HYUNDAI WIA CORP 0.07%FIRST FINANCIAL HOLDING CO 0.07%AIR ARABIA PJSC 0.07%POU CHEN 0.07%TELECOM EGYPT 0.07%LG DISPLAY CO LTD 0.07%LIPPO KARAWACI TBK PT 0.07%SHANGHAI ELECTRIC GRP CO L- 0.06%TAISHIN FINANCIAL HOLDING 0.06%SEMIRARA MINING CORP 0.06%AMOREPACIFIC CORP 0.06%AKR CORPORINDO TBK PT 0.06%AMBEV SA 0.06%HUANENG POWER INTL INC-H 0.06%KUMBA IRON ORE LTD 0.06%GULF BANK 0.06%DATANG INTL POWER GEN CO-H 0.06%LOCALIZA RENT A CAR 0.06%AES TIETE SA-PREF 0.06%CHONGQING CHANGAN AUTOMOBI- 0.06%GIANT MANUFACTURING 0.06%ADECOAGRO SA 0.06%Security% of PortfolioPETRONAS GAS BHD 0.06%GRUPO AVAL ACCIONES-PF 0.06%CHINA MINSHENG BANKING-H 0.06%PETRONAS DAGANGAN BHD 0.06%ELLAKTOR SA 0.06%ANGLO AMERICAN PLATINUM LTD 0.06%LUCKY CEMENT 0.06%ORBIS SA 0.06%QISDA CORP 0.06%CIA ENERGETICA DE SP-PREF B 0.06%IDFC LTD 0.06%SAN MIGUEL CORP 0.06%YES BANK LTD 0.06%GRUPO ODINSA SA 0.06%CHINA PACIFIC INSURANCE GR- 0.06%GROWTHPOINT PROPERTIES LTD 0.06%SEVERSTAL - GDR REG S 0.06%TOTVS SA 0.06%ALL AMERICA LATINA LOGISTIC 0.06%SINOPAC FINANCIAL HOLDINGS 0.06%TAIWAN CEMENT 0.06%FBN HOLDINGS PLC 0.06%SOCIEDAD MINERA CERRO VERDE 0.06%TAINAN SPINNING 0.06%KARDEMIR KARABUK DEMIR-CL D 0.06%DUBAI FINANCIAL MARKET 0.06%ORACLE FINANCIAL SERVICES 0.06%HOA PHAT GR-CW15 0.06%BANK OF THE PHILIPPINE ISLA 0.06%REDEFINE PROPERTIES LTD 0.06%UNITED MICROELECTRONICS COR 0.06%LIFE HEALTHCARE GROUP HOLDI 0.06%QUANTA COMPUTER INC 0.06%UNITED CO RUSAL PLC 0.06%TRACTEBEL ENERGIA SA 0.06%ASIAN PAINTS LTD 0.06%KUWAIT PROJECTS CO HOLDINGS 0.06%MEGA FINANCIAL HOLDING CO L 0.06%CIA SANEAMENTO BASICO DE-AD 0.06%BARWA REAL ESTATE CO 0.06%SAMSUNG CARD CO 0.06%COLBUN SA 0.06%STANDARD CHARTERED BK GHANA 0.06%EUROCASH SA 0.06%TRUE CORP PCL-FOREIGN 0.06%ORIENTAL WEAVERS 0.06%EFG-HERMES HOLDINGS SAE 0.06%ATHI RIVER MINING 0.06%TATA STEEL LTD 0.06%DIALOG GROUP BHD 0.06%PHILIP MORRIS CR AS 0.06%MARUTI SUZUKI INDIA LTD 0.06%LUPIN LTD 0.06%CHINA LONGYUAN POWER GROUP- 0.06%AST Portfolio Holdings430 of 635

AST Parametric Emerging Markets Equity Portfolio (continued)Security% of PortfolioTOTAL ACCESS COMMUNICA-NVDR 0.06%ALLIANCE GLOBAL GROUP INC 0.06%FAR EASTONE TELECOMM CO LTD 0.06%GETIN NOBLE BANK SA 0.06%ETIHAD ETISALAT CO 0.06%AVICHINA INDUSTRY & TECH-H 0.06%JASA MARGA (PERSERO) TBK PT 0.06%NESTLE INDIA LTD 0.06%OCI CO LTD 0.06%BDO UNIBANK INC 0.06%HANWHA CORPORATION 0.06%MYTILINEOS HOLDINGS S.A. 0.06%MINOR INTERNATIONAL PCL-FOR 0.06%COMPANIA MINERA MILPO SA 0.06%BYD CO LTD-H 0.06%BIG C SUPERCENTER PCL-FORGN 0.06%EDEGEL SA-COMUN 0.06%CHINA SHIPPING DEVELOPMENT- 0.06%ZIJIN MINING GROUP CO LTD-H 0.06%CHANG HWA COMMERCIAL BANK 0.06%TURK TRAKTOR VE ZIRAAT MAKI 0.06%IOI CORPORATION BHD 0.06%WILSON BAYLY HOLMES-OVCON 0.06%GAMUDA BHD 0.06%ASIA OPTICAL CO INC 0.06%VIMPELCOM LTD-SPON ADR 0.06%FELDA GLOBAL VENTURES 0.06%QATAR ELECTRICITY & WATER C 0.06%SHINSEGAE CO LTD 0.06%COWAY CO LTD 0.05%JORDANIAN ELECTRIC POWER 0.05%BAJAJ AUTO LTD 0.05%JBS SA 0.05%AMBUJA CEMENTS LTD 0.05%COSCO PACIFIC LTD 0.05%VALE INDONESIA TBK 0.05%MAXIS BHD 0.05%THE FOSCHINI GROUP LTD 0.05%AS TALLINNA VESI-A EQUITY 0.05%NAN KANG RUBBER TIRE CO LTD 0.05%HYUNDAI HEAVY INDUSTRIES 0.05%HUA NAN FINANCIAL HOLDINGS 0.05%BANQUE CENTRALE POPULAIRE 0.05%GOLD FIELDS LTD 0.05%IHH HEALTHCARE BHD 0.05%ABOITIZ EQUITY VENTURES INC 0.05%RHB CAPITAL BHD 0.05%JSW ENERGY LTD 0.05%TMB BANK PUBLIC CORP-FOREIG 0.05%MERCATOR POSLOVNI SISTEM 0.05%NATIONAL BANK OF GREECE 0.05%TAIWAN COOPERATIVE FINANCIA 0.05%MICROBIO CO LTD 0.05%PIONEERS HOLDING 0.05%Security% of PortfolioLUKA KOPER 0.05%TRUWORTHS INTERNATIONAL LTD 0.05%PRUKSA REAL ESTATE PCL 0.05%NATIONAL INDUSTRIES GRP HOL 0.05%QUALICORP SA 0.05%NATIONAL BANK OF OMAN SAOG 0.05%ZEE ENTERTAINMENT ENTERPRIS 0.05%XL AXIATA TBK PT 0.05%SOUZA CRUZ SA 0.05%FOLLI FOLLIE SA 0.05%DMCI HOLDINGS INC 0.05%CENTRAIS ELETRICAS BRAS-PR 0.05%DANGOTE CEMENT PLC 0.05%HYUNDAI ENGINEERING & CONST 0.05%JINDAL STEEL & POWER LTD 0.05%DOUJA PROM ADDOHA 0.05%PAKISTAN PETROLEUM LTD 0.05%SAUDI TELECOM CO 0.05%AGUAS ANDINAS SA-A 0.05%CIMSA CIMENTO SANAYI VE TIC 0.05%CHINA YURUN FOOD GROUP LTD 0.05%VIETNAM JSC-CW16 0.05%CHINA AGRI-INDUSTRIES HLDGS 0.05%CHIMIMPORT AD 0.05%RELIANCE COMMUNICATIONS LTD 0.05%CHINA COMMUNICATIONS CONST- 0.05%DRYSHIPS INC 0.05%FAR EASTERN DEPARTMENT STOR 0.05%CB FIRST INVESTMENT BANK AD 0.05%AMMB HOLDINGS BHD 0.05%CHINA DEVELOPMENT FINANCIAL 0.05%KINGBOARD CHEMICAL HOLDINGS 0.05%BEIJING CAPITAL INTL AIRPO- 0.05%LSR GROUP OJSC-GDR REGS 0.05%CHINA OILFIELD SERVICES-H 0.05%GUANGDONG INVESTMENT LTD 0.05%ZHONGSHENG GROUP HOLDINGS 0.05%AYALA CORPORATION 0.05%LIBERTY HOLDINGS LTD 0.05%ADANI POWER LTD 0.05%MURRAY & ROBERTS HOLDINGS 0.05%SK HOLDINGS CO LTD 0.05%BURGAN BANK 0.05%PARQUE ARAUCO S.A. 0.05%MARIDIVE & OIL SERVICES USD 0.05%MINERA FRISCO SAB DE CV-A1 0.05%ACER INC 0.05%AAMAL CO 0.05%PETROVIETNA-CW14 0.05%KULIM MALAYSIA BHD 0.05%SINA CORP 0.05%AL RAJHI BANK 0.05%MMI HOLDINGS LTD 0.05%EXXARO RESOURCES LTD 0.05%AST Portfolio Holdings431 of 635

AST Parametric Emerging Markets Equity Portfolio (continued)Security% of PortfolioSTANDARD CHART BANK BOTSWAN 0.05%CAIRN INDIA LIMITED 0.05%LG HOUSEHOLD & HEALTH CARE 0.05%INTL CONTAINER TERM SVCS IN 0.05%NEW ORIENTAL EDUCATIO-SP AD 0.05%YTL CORPORATION BERHAD 0.05%ELSWEDY ELECTRIC CO 0.05%CHINA SYNTHETIC RUBBER 0.05%IJM CORP BHD 0.05%GENOMMA LAB INTERNACIONAL-B 0.05%CORP FINANCIERA COLOMBIANA 0.05%HANKOOK TIRE CO LTD 0.05%ADVANCED SEMICONDUCTOR ENGR 0.05%QATAR NATIONAL CEMENT CO 0.05%SAVOLA 0.05%CEMENTOS ARGOS SA 0.05%ONE TECH HOLDING 0.05%INDO TAMBANGRAYA MEGAH TBK 0.05%CCC SA 0.05%BANQUE MAROCAINE DU COMMERC 0.05%PICK N PAY STORES LTD 0.05%NEDBANK GROUP LTD 0.05%KUWAIT PORTLAND CEMENT CO 0.05%STEEL AUTHORITY OF INDIA 0.05%CHINA SHIPPING CONTAINER-H 0.05%AFRICAN RAINBOW MINERALS LT 0.05%STANDARD CHARTERED BANK LTD 0.05%NHPC LTD 0.05%KOREA INVESTMENT HOLDINGS C 0.05%ZAGREBACKA BANKA DD 0.05%SUZLON ENERGY LTD 0.05%NESTLE NIGERIA PLC 0.05%MULTIPLAN EMPREENDIMENTOS 0.05%AL TAYYAR TRAVEL GROUP(WRT) 0.05%CIA SANEAMENTO MINAS GERAIS 0.05%SOHU.COM INC 0.05%GOLDEN EAGLE RETAIL GROUP 0.05%LOJAS RENNER S.A. 0.04%AECI LTD 0.04%AS MERKO EHITUS 0.04%INDUSTRIAL BANK OF KOREA 0.04%ORASCOM TELECOM MEDIA P-NOT 0.04%MARCOPOLO SA-PREF 0.04%ROKISKIO SURIS 0.04%MABANEE CO SAKC 0.04%RANBAXY LABORATO-SP GDR REG 0.04%BANK MILLENNIUM SA 0.04%BANK DHOFAR SAOG 0.04%TRANSELECTRICA SA 0.04%CHINA VANKE -H- SHARES 0.04%YANTAI CHANGYU PIONEER-B 0.04%POLYMETAL INTERNATIONAL PLC 0.04%JORDAN TELECOM 0.04%E-MART CO LTD 0.04%Security% of PortfolioOMAN FLOUR MILLS 0.04%ESSAR OIL LTD 0.04%TVN SA 0.04%CHINA RESOURCES LAND LTD 0.04%GAZPROM NEFT-SPONSORED ADR 0.04%INNER MONGOLIA YITAI COAL-B 0.04%GLOW ENERGY PCL - FOREIGN 0.04%ENEA SA 0.04%INDUSTRIAS CH S.A.B.-SER B 0.04%RIYAD BANK 0.04%INNOLUX CORP 0.04%SHIN KONG FINANCIAL HOLDING 0.04%SYNNEX TECHNOLOGY INTL CORP 0.04%TAIWAN GLASS IND CORP 0.04%TATA COMMUNICATIONS LTD 0.04%SPAR GROUP LIMITED/THE 0.04%BANGKOK DUSIT MED SERVICE-F 0.04%SAPPI LIMITED 0.04%CENTRAL PATTANA PUB CO-FORE 0.04%APRANGA PVA 0.04%CHINA AIRLINES LTD 0.04%REALTEK SEMICONDUCTOR CORP 0.04%BR MALLS PARTICIPACOES SA 0.04%NAMPAK LTD 0.04%ELECTRICITY GEN PUB CO-FOR 0.04%UAC OF NIGERIA PLC 0.04%YAPI VE KREDI BANKASI 0.04%APOLLO HOSPITALS ENTERPRISE 0.04%YANGZIJIANG SHIPBUILDING 0.04%KIAN JOO CAN FACTORY BHD 0.04%EMPRESA NACIONAL DE TELECOM 0.04%CO-OPERATIVE BANK OF KENYA 0.04%BRITISH AMERICAN TOBACCO BH 0.04%SAMSUNG ELECTRO-MECHANICS C 0.04%RUENTEX DEVELOPMENT CO LTD 0.04%NVC LIGHTING HOLDINGS LTD 0.04%HELLENIC EXCHANGES - ATHENS 0.04%YAZICILAR HOLDING AS-A 0.04%SHANGHAI INDUSTRIAL HLDG LT 0.04%CHINA LIFE INSURANCE CO LTD 0.04%DONGBU INSURANCE CO LTD 0.04%HTC CORP 0.04%CAP SA 0.04%CIPLA LTD 0.04%LOTTE SHOPPING CO 0.04%UNITECH LTD 0.04%AKCANSA CIMENTO 0.04%CAL BANK LTD 0.04%COUNTRY GARDEN HOLDINGS CO 0.04%MONBAT AD 0.04%MHP SA -GDR REG S 0.04%INVESTEC LTD 0.04%LUBELSKI WEGIEL BOGDANKA SA 0.04%RAYSUT CEMENT CO 0.04%AST Portfolio Holdings432 of 635

AST Parametric Emerging Markets Equity Portfolio (continued)Security% of PortfolioPIENO ZVAIGZDES 0.04%PPC LTD 0.04%FAUJI FERTILIZER COMPANY LT 0.04%GS ENGINEERING & CONSTRUCT 0.04%PPB GROUP BERHAD 0.04%VINA CONCHA Y TORO SA 0.04%GS HOLDINGS 0.04%PHILEX MINING CORP 0.04%MMC CORP BHD 0.04%BEC WORLD PCL-FOREIGN 0.04%AES GENER SA 0.04%AMBASSADOR HOTEL/THE 0.04%BBMG CORPORATION-H 0.04%CHINA EVERBRIGHT LTD 0.04%CIA SIDERURGICA NACIONAL SA 0.04%SK CHEMICALS CO LTD 0.04%LITE-ON TECHNOLOGY CORP 0.04%BS FINANCIAL GROUP INC 0.04%OIL INDIA LTD 0.04%GRUPO FINANCIERO GALICIA-AD 0.04%QATARI INVESTORS GROUP 0.04%PAKISTAN STATE OIL CO LTD 0.04%CHINA COAL ENERGY CO-H 0.04%DYNASTY CERAMIC PUB CO LTD 0.04%BANQUE SAUDI FRANSI 0.04%CHINA CITIC BANK CORP LTD-H 0.04%SIEMENS LTD 0.04%SINO-OCEAN LAND HOLDINGS 0.04%CHINA TAIPING INSURANCE HOL 0.04%VIET NAM CO-CW14 0.04%HAGL JSC-CW15 0.04%CHROMA ATE INC 0.04%JOLLIBEE FOODS CORPORATION 0.04%AU OPTRONICS CORP 0.04%BANCO MACRO SA-ADR 0.04%CJ CHEILJEDANG CORP 0.04%AL AHLI BANK OF KUWAIT 0.04%STANDARD FOODS CORP 0.04%METROPOLITAN BANK & TRUST 0.04%CIA GENERAL DE ELECTRICIDAD 0.04%INTERCORP FINANCIAL SER INC 0.04%BEIJING ENTERPRISES HLDGS 0.04%TITAN CO LTD 0.04%SM PRIME HOLDINGS INC 0.04%SUZANO PAPEL E CELULO-PREF 0.04%BUMI SERPONG DAMAI PT 0.04%AL-ANWAR CERAMIC TILE CO 0.04%MARFRIG GLOBAL FOODS SA 0.04%SK C&C CO LTD 0.04%AVENG LTD 0.04%JIANGXI COPPER CO LTD-H 0.04%LAFARGE MALAYSIA BHD 0.04%GRINDROD LTD 0.04%MOTOR OIL (HELLAS) SA 0.04%Security% of PortfolioLIGHT SA 0.04%RUENTEX INDUSTRIES LTD 0.04%KUWAIT CEMENT CO 0.04%TV AZTECA SAB DE CV-CPO 0.04%TSINGTAO BREWERY CO LTD-H 0.04%RMI HOLDINGS 0.04%SILICONWARE PRECISION INDS 0.04%CPFL ENERGIA SA-ADR 0.03%CIA HERING 0.03%TAN CHONG MOTOR HOLDINGS BH 0.03%CIA PARANAENSE ENER-SP ADR 0.03%HONG LEONG FINANCIAL GROUP 0.03%GRUPO ARGOS SA-PRF 0.03%SAMSUNG HEAVY INDUSTRIES 0.03%HONG LEONG BANK BERHAD 0.03%AIR CHINA LTD-H 0.03%NINE DRAGONS PAPER HOLDINGS 0.03%KANGWON LAND INC 0.03%HOLCIM MAROC SA 0.03%THAI UNION FROZEN PROD-FORE 0.03%JASMINE INTL PCL-FOREIGN 0.03%HYPERMARCAS SA 0.03%NATURA COSMETICOS SA 0.03%AVTOVAZ 0.03%GEK TERNA HOLDING REAL ESTA 0.03%MILLAT TRACTORS LTD 0.03%NATIONAL INDUSTRIALIZATION 0.03%YANG MING MARINE TRANSPORT 0.03%PEGATRON CORP 0.03%ZTE CORP-H 0.03%TAMBANG BATUBARA BUKIT ASAM 0.03%ELETROPAULO METROPOLI-PREF 0.03%RURAL ELECTRIFICATION CORP 0.03%OMAN CEMENT CO 0.03%HYUNDAI MARINE & FIRE INS C 0.03%GUINNESS NIGERIA PLC 0.03%GLOBE TRADE CENTRE SA 0.03%SAMSUNG ENGINEERING CO LTD 0.03%BUMRUNGRAD HOSPITAL-FOREIGN 0.03%TEKFEN HOLDING AS 0.03%COSAN SA INDUSTRIA COMERCIO 0.03%ABOITIZ POWER CORP 0.03%WEI CHUAN FOODS 0.03%WEICHAI POWER CO LTD-H 0.03%ATLAS CONS MINING & DEV 0.03%RELIANCE POWER LTD 0.03%GLENMARK PHARMACEUTICALS LT 0.03%LOTTE CHEMICAL CORP 0.03%BANCO DAVIVIENDA SA 0.03%SAUDI ARABIAN MINING CO 0.03%ITHMAAR BANK BSC 0.03%METRO PACIFIC INVESTMENTS C 0.03%MASSMART HOLDINGS LTD 0.03%MALAYSIA MARINE AND HEAVY E 0.03%AST Portfolio Holdings433 of 635

AST Parametric Emerging Markets Equity Portfolio (continued)Security% of PortfolioBANK SOHAR 0.03%DAEWOO INTERNATIONAL CORP 0.03%SAMBA FINANCIAL GROUP 0.03%QATAR NAVIGATION 0.03%CTC MEDIA INC 0.03%IFCI LIMITED 0.03%SIAULIU BANKAS 0.03%COSTAMARE INC 0.03%MAURITIUS RUPEES 0.03%MASAN GROUP-CW18 0.03%FAR EASTERN NEW CENTURY COR 0.03%VIOHALCO SA 0.03%COLGATE PALMOLIVE (INDIA) 0.03%BOUSTEAD HOLDINGS BHD 0.03%HELLENIC PETROLEUM SA 0.03%BANK HANDLOWY W WARSZAWIE S 0.03%HYOSUNG CORPORATION 0.03%GULF FINANCE HOUSE EC 0.03%DAEWOO SECURITIES CO LTD 0.03%ALMENDRAL SA 0.03%BARCLAYS BANK LTD 0.03%WOORI INVESTMENT & SECURITI 0.03%PETROVIETNA-CW14 0.03%YAMAMAH SAUDI CEMENT CO 0.03%TRANSPORTADOR GAS SUR-SP B 0.03%SYNTHOS SA 0.03%GLOBE TELECOM INC 0.03%AVIATION LEASE AND FINANCE 0.03%GUANGZHOU AUTOMOBILE GROUP- 0.03%FORD OTOMOTIV SANAYI AS 0.03%AL EQBAL CO FOR INVESTMENT 0.03%BHARAT HEAVY ELECTRICALS 0.03%FOXCONN TECHNOLOGY CO LTD 0.03%GRUPA LOTOS SA 0.03%DAEWOO SHIPBUILDING & MARIN 0.03%DIANA SHIPPING INC 0.03%WISTRON CORP 0.03%BUDIMEX 0.03%SOCIETE MODERNE DE CERAMIQU 0.03%HYUNDAI DEPT STORE CO 0.03%SOLAR APPLIED MATERIALS TEC 0.03%GEMADEPT CORP 0.03%QUINENCO S.A. 0.03%SHIMAO PROPERTY HOLDINGS LT 0.03%RIPLEY CORP SA 0.03%CELLTRION INC 0.03%RANDON PARTICIPACOES SA-PRE 0.03%SBERBANK 0.03%AMREST HOLDINGS SE 0.03%METALURGICA GERDAU SA-PREF 0.03%EVA AIRWAYS CORP 0.03%LATVIJAS KUGNIECIBA 0.03%LUZ DEL SUR SAA-COMUN 0.03%MACQUARIE KOREA INFRA FUND 0.03%Security% of PortfolioLAFARGE CEMENT WAPCO NIGERI 0.03%AVIANCA HOLDINGS SA 0.03%DOHA BANK QSC 0.03%AIRASIA BHD 0.03%SIGDO KOPPERS SA 0.03%INTER RAO UES 0.03%KLAIPEDOS NAFTA PVA 0.03%S-OIL CORPORATION 0.03%UNITED BANK FOR AFRICA PLC 0.03%MALAYSIA AIRPORTS HLDGS BHD 0.03%CHINA SHANSHUI CEMENT GROUP 0.03%TRANSCEND INFORMATION INC 0.03%PAKISTAN OILFIELDS LTD 0.03%METKA SA 0.03%KLABIN SA-PREF 0.03%TUNG HO STEEL ENTERPRISE CO 0.03%KOZA ALTIN ISLETMELERI AS 0.03%EMBOTELLADORA ANDINA-ADR B 0.03%CANARA BANK 0.03%WINTEK CORP 0.03%ENNAKL 0.03%HSBC BANK OMAN 0.03%ECOBANK TRANSNATIONAL INC 0.03%JIANGSU EXPRESS CO LTD-H 0.03%CHINA RAILWAY GROUP LTD-H 0.03%RATCHABURI ELEC GEN HODG-FO 0.03%EDP - ENERGIAS DO BRASIL SA 0.03%CHINA COMMUNICATIONS SERVI- 0.03%TECH MAHINDRA LTD 0.03%JAIPRAKASH ASSOCIATES LTD 0.03%YULON MOTOR COMPANY 0.03%BYBLOS BANK 0.03%WAFA ASSURANCE 0.03%TOFAS TURK OTOMOBIL FABRIKA 0.03%CROMPTON GREAVES LTD 0.03%SAMSUNG FINE CHEMICALS CO 0.03%ACCESS BANK PLC 0.03%MACRONIX INTERNATIONAL 0.03%TRIPOD TECHNOLOGY CORP 0.03%ENGRO CORPORATION LTD 0.03%GULF CABLE & ELECTRICAL IND 0.03%CAPITAL PROPERTY (REIT) 0.03%TECO ELECTRIC & MACHINERY 0.03%THAI OIL PCL-FRGN 0.03%BANMEDICA SA 0.03%KERRY TJ LOGISTICS CO LTD 0.03%PORTS DESIGN LTD 0.03%DOGAN SIRKETLER GRUBU HLDGS 0.03%ENERGI MEGA PERSADA TBK PT 0.03%PP LONDON SUMATRA INDONES P 0.03%BANK DANAMON INDONESIA TBK 0.03%FAWAZ ABDULAZIZ ALHOKAIR CO 0.03%SHELL OMAN MARKETING 0.03%EUROPEAN CURRENCY 0.03%AST Portfolio Holdings434 of 635

AST Parametric Emerging Markets Equity Portfolio (continued)Security% of PortfolioSTANBIC IBTC HOLDINGS PLC 0.03%SECURITY BANK CORP 0.03%HOME PRODUCT CENTER PCL 0.03%KUWAIT INTERNATIONAL BANK 0.03%THANACHART CAPITAL-FOREIGN 0.03%SAUDI INTL PETRO P-NOTE HSB 0.03%CARTHAGE CEMENT 0.03%ADANI ENTERPRISES LTD 0.03%TTY BIOPHARM CO LTD 0.03%HYUNDAI MERCHANT MARINE 0.03%SINO-THAI ENGR & CONST-FOR 0.03%LS CORP 0.03%ALLIANCE FINANCIAL GROUP BH 0.03%DLF LTD 0.03%EVEN CONSTRUTORA E INCORPOR 0.03%UNIMICRON TECHNOLOGY CORP 0.03%TSRC CORP 0.03%ALLIANCES DEVELOPPEMENT IMM 0.03%KENYA ELECTRICITY GENERATIN 0.03%NOVOLIPET STEEL-GDR REG S 0.03%ENERGY DEVELOPMENT CORP 0.03%TURKIYE SINAI KALKINMA BANK 0.03%FILINVEST LAND INC 0.03%MANILA ELECTRIC COMPANY 0.03%HANWHA CHEMICAL CORP 0.03%BRADESPAR SA -PREF 0.02%KENYA POWER & LIGHTING LTD 0.02%PARKSON HOLDINGS BHD 0.02%UMW HOLDINGS BHD 0.02%RENAISSANCE SERVICES SAOG 0.02%BERJAYA SPORTS TOTO BHD 0.02%PETROL AD 0.02%HARMONY GOLD MINING CO LTD 0.02%MAGNUM BHD 0.02%POULINA GROUP HOLDING 0.02%GUBRE FABRIKALARI TAS 0.02%INDORAMA VENTURES-FOREIGN 0.02%LIC HOUSING FINANCE LTD 0.02%PRECIOUS SHIPPING PCL-FORGN 0.02%CAIRO AMMAN BANK 0.02%ALINMA BANK 0.02%NAVIOS MARITIME HOLDINGS IN 0.02%IRPC PCL - FOREIGN 0.02%PALM HILLS DEVELOPMENT SAE 0.02%BANPU PUBLIC CO LTD-FOR REG 0.02%WPG HOLDINGS LTD 0.02%ALMARI CO LTD 0.02%JARIR MARKETING CO 0.02%TAIWAN DOLLAR 0.02%BANGKOK EXPRESSWAY PUB CO 0.02%ARAB COTTON GINNING 0.02%SALFACORP SA 0.02%SIMPLO TECHNOLOGY CO LTD 0.02%KOPEX SA 0.02%Security% of PortfolioROBINSON DEPT STORE PCL-FOR 0.02%POLYPLEX PCL-FOREIGN 0.02%INDOSAT TBK PT 0.02%TAIWAN FERTILIZER CO LTD 0.02%KENDA RUBBER INDUSTRIAL CO 0.02%AVANGARDCO INVESTMENTS-GDR 0.02%CRESUD S.A.-SPONS ADR 0.02%AYGAZ AS 0.02%LG UPLUS CORP 0.02%TRAKYA CAM SANAYII AS 0.02%ORION CORP 0.02%SULTAN CENTER FOOD PRODUCTS 0.02%GODREJ CONSUMER PRODUCTS LT 0.02%ULKER BISKUVI SANAYI 0.02%E INK HOLDINGS INC 0.02%WUXI PHARMATECH CAYMAN-ADR 0.02%FEDERAL GRID CO UNIFIED 0.02%PAKISTAN TELECOM CO LTD 0.02%TPK HOLDING CO LTD 0.02%SEKERBANK 0.02%EVRAZ PLC 0.02%BROOKFIELD INCORPORACOES SA 0.02%BAOVIET HOL-CW15 0.02%PETKIM PETROKIMYA HOLDING A 0.02%LI NING CO LTD 0.02%SAMSUNG TECHWIN CO LTD 0.02%SAUDI ARABIAN FETILIZER CO 0.02%NOVATEK MICROELECTRONICS CO 0.02%MALAYSIAN RESOURCES CORP BH 0.02%GRUPO ELEKTRA SAB DE CV 0.02%BANQUE INTL ARABE DE TUNISI 0.02%ACC LTD 0.02%BORYSZEW SA 0.02%FLOUR MILLS NIGERIA PLC 0.02%NCSOFT CORPORATION 0.02%KOREAN AIR LINES CO LTD 0.02%KONCAR-ELETROINDUSTRIJA D.D 0.02%USINAS SIDER MINAS GER-PF A 0.02%ZINWELL CORPORATION 0.02%NISHAT MILLS LTD 0.02%MINSUR SA-INVERSIONES 0.02%IOCHPE-MAXION S.A. 0.02%D.G. KHAN CEMENT 0.02%ANTIBIOTICE IASI 0.02%GLOBAL CITY HOLDINGS NV 0.02%BARCLAYS BANK OF BOTSWANA 0.02%AEGEAN MARINE PETROLEUM NET 0.02%LOPEZ HOLDINGS CORP 0.02%BUMI ARMADA BERHAD 0.02%SAUDI CEMENT P-NOTE HSBC(WR 0.02%WCT HOLDINGS BHD 0.02%E.CL SA 0.02%PETROVIETNA-CW14 0.02%ECORODOVIAS INFRA E LOG SA 0.02%AST Portfolio Holdings435 of 635

AST Parametric Emerging Markets Equity Portfolio (continued)Security% of PortfolioPHA LAI THE-CW15 0.02%HANJIN SHIPPING CO LTD 0.02%DOOSAN HEAVY INDUSTRIES 0.02%ATLANTSKA PLOVIDBA DD 0.02%TURK EKONOMI BANKASI 0.02%ASTARTA HOLDING NV 0.02%CHICONY ELECTRONICS CO LTD 0.02%MANILA WATER COMPANY 0.02%MRV ENGENHARIA 0.02%BERJAYA CORP BHD 0.02%GALFAR ENGINEERING&CONTRACT 0.02%MASISA SA 0.02%AFRICAN BANK INVESTMENTS LT 0.02%BUMI RESOURCES TBK PT 0.02%CYRELA BRAZIL REALTY SA EMP 0.02%UEM SUNRISE BHD 0.02%BR PROPERTIES SA 0.02%KOZA ANADOLU METAL MADENCIL 0.02%GORENJE VELENJE 0.02%JASTRZEBSKA SPOLKA WEGLOWA 0.02%SHANDONG WEIGAO GP MEDICAL- 0.02%POLAND ZLOTY 0.02%ITALIAN-THAI DEVELOP-FOREIG 0.02%TABREED 0.02%DANANG RUBB-CW19 0.02%FCMB GROUP PLC 0.02%NATIONAL BANK OF PAKISTAN 0.02%EVERGRANDE REAL ESTATE GROU 0.02%MOBILE TELECOMMUNICATIONS C 0.02%ROBINSONS LAND CO 0.02%LUX ISLAND RESORTS LTD 0.02%BRAZILIAN REAL 0.02%SAIGON THUO-CW19 0.02%KIATNAKIN BANK PCL-FOR 0.02%LAND & HOUSES PUB CO-FOR RE 0.02%BANCO BRADESCO-ADR 0.02%OI SA-PREFERENCE 0.02%POWERTECH TECHNOLOGY INC 0.02%VENTSPILS NAFTA 0.02%AEROFLOT-RUSSIAN AIRLINES 0.02%BAGFAS BANDIRMA GUBRE FABRI 0.02%AGORA SA 0.02%INDIAN RUPEE 0.02%BANK TABUNGAN NEGARA PERSER 0.02%SOHO CHINA LTD 0.02%STEALTHGAS INC 0.02%BBVA BANCO FRANCES SA-ADR 0.02%MALAYSIA RINGGIT 0.01%SAUDI ARABIAN AMIANTIT CO 0.01%PDG REALTY SA 0.01%MIGROS TICARET A.S 0.01%BANK NIZWA 0.01%DEVELOPMENT-CW15 0.01%ASTRA AGRO LESTARI TBK PT 0.01%Security% of PortfolioINTRALOT S.A.-INTEGRATED LO 0.01%FATIMA FERTILIZER CO LTD 0.01%BPD JAWA BARAT DAN BANTEN T 0.01%IDGC HOLDING JSC 0.01%IOI PROPERTIES GROUP BHD 0.01%PETROKEMIJA D.D. 0.01%GHANA CEDIS 0.01%MANAGEM 0.01%MOSENERGO 0.01%BANQUE DE TUNISIE 0.01%MARFIN INVESTMENT GROUP HOL 0.01%NORDECON AS 0.01%MECHEL-SPONSORED ADR 0.01%FORUS SA 0.01%PHARMSTANDARD-REG S GDR 0.01%TOP FRONTIER INVESTMENT HLD 0.01%BESALCO SA 0.01%BAMBURI CEMENT CO LTD 0.01%PETROBRAS ARGENTINA SA-B 0.01%CASA GRANDE SAA 0.01%AL MEERA CONSUMER GOODS CO 0.01%PETROVIETNA-CW16 0.01%KENYA AIRWAYS LTD 0.01%CPFL ENERGIA SA 0.01%SOUTH AFRICAN RAN 0.01%CENTRAL COOP BANK AD 0.01%CIA SANEAMENTO BASICO DE SP 0.01%FRIGOGLASS SA 0.01%CIM FINANCIAL SERVICES LTD 0.01%KNB FINANCIAL GROUP CO LTD 0.01%IRSA -SP ADR 0.01%INDUSTRIAL HOLDING BULGARIA 0.01%TRUE CORP - RIGHTS 0.01%HANJIN KAL CORP 0.01%ROGERS AND CO LTD 0.01%RUSSIAN ROUBLE 0.01%NHN ENTERTAINMENT CORP 0.01%MEXICAN PESO 0.01%POLIMEX-MOSTOSTAL SA 0.01%KUWAIT DINAR 0.01%INDONESIAN RUPIAH 0.01%BORNEO LUMBUNG ENERGI & MET 0.01%COLUMBIA PESO 0.01%MUMIAS SUGAR CO LTD ORD 5.0 0.01%MOROCCO DIRHAMS < 0.01%KJB FINANCIAL GROUP CO LTD < 0.01%NEW WORLD RESOURCES PLC-A S < 0.01%CROATIA KUNA < 0.01%CHAODA MODERN AGRICULTURE < 0.01%PAKISTAN RUPEE < 0.01%PHILIPPINES PESO < 0.01%OTCPHARM < 0.01%OLEO E GAS PARTICIPACOES SA < 0.01%NIGERIA NAIRA < 0.01%AST Portfolio Holdings436 of 635

AST Parametric Emerging Markets Equity Portfolio (continued)Security% of PortfolioCHILEAN PESO < 0.01%KENYA SHILLING < 0.01%TUNISIAN DOLLAR < 0.01%QATAR RIALS < 0.01%ENGRO FERTILIZER LTD < 0.01%KOREAN WON < 0.01%WAPIC INSURANCE PLC < 0.01%TURKISH LIRA < 0.01%AYALA LAND-PREF < 0.01%PERUVIAN INTI < 0.01%BUMI RESOURCES - RIGHTS < 0.01%SAVA < 0.01%ROMANIA NEW LEI < 0.01%LITHUANIA LATI < 0.01%THAILAND BAHT < 0.01%SINGAPORE DOLLAR < 0.01%BOTSWANA PULAS < 0.01%BULGARIA LEV < 0.01%JORDAN DINARS < 0.01%UK POUND STERLING < 0.01%OMAN RIALS < 0.01%UNITED ARAB EMERI < 0.01%HUNGARIAN FORINT < 0.01%CZECH KORUNA < 0.01%AKENERJI ELEKTRIK URETIM AS < 0.01%MALAYSIAN RES WARRANTS < 0.01%ECOBK TRANSNAT PREF < 0.01%BERLIAN LAJU TANKER TBK PT < 0.01%AFRILAND PROPERTIES PLC < 0.01%CORPORATE COMMERCIAL BANK A < 0.01%REAL GOLD MINING LTD < 0.01%AMLAK FINANCE < 0.01%OLOV. TZ. KOMPLEX AD < 0.01%437 of 635AST Portfolio Holdings

AST Preservation Asset Allocation PortfolioSecurity% of Portfolio(296655) PRU CORE BOND PORT 16.00%(PDBD) WESTERN ASSET CORE P 11.82%(PDBP) PIMCO TOTAL RETURN B 9.36%PRUDENTIAL CORE INVESTMENT 7.54%(PDMH) AQR LARGE-CAP PORTFO 4.58%(PDMI) QMA LARGE-CAP PORTFO 4.57%(PDBS) LORD ABBETT CORE FIX 3.76%(PDVZ) GS STRATEGIC INCOME 3.75%(PD50) INT'L GROWTH PORTFOL 2.98%(PD40) INT'L VALUE PORTFOLI 2.97%TYU4 US 10YR NOTE (CBT) 10/05/2014 2.54%(PDBQ) AST NB CORE FIXED IN 2.32%(PDBW) CLEARBRIDGE DIVIDEND 2.29%(PDBU) WESTERN EMERGING MAR 2.25%(PDBJ) LOOMIS SAYLES LARGE 2.13%ESU4 S&P 500 EMINI FUT 9/24/2014 1.85%(PD20) HIGH YIELD BOND PORT 1.77%TUH4 US 2YR NOTE (CBT) 10/15/2014 1.66%(3044) MFS GROWTH PORTFOLIO 1.61%(3019) PIMCO LIMITED MATURI 1.39%(300F) T.ROWE PRICE EQUITYI 1.15%(PDBT) GS LARGE CAP VALUE 1.14%(3003) MONEY MARKET PORTFOL 1.13%(296113) JENNISON LARGE-CAP 0.86%(PDML) HERNDON LARGE CAP VA 0.85%(PDBV) MFS LARGE-CAP VALUE 0.85%(PDX0) LARGE CAP VALUE PORT 0.85%(296111) JENNISON LARGE-CAP 0.82%(PDBK) TROWE LARGE CAP GROW 0.81%(30A0) SMALL CAP VALUE PORT 0.72%(PD90) SMALL-CAP GROWTH 0.59%(3036) GS SMALL-CAP VALUE 0.41%(PD80) FEDERATED AGGRESSIVE 0.40%SPU4 S&P 500 FUTURE 9/24/2014 0.23%EUROPEAN CURRENCY 0.19%US T-BILL 0.025% 9/18/2014 0.18%RTAU4 RUSSELL 2000 MINI 9/19/2014 0.18%TPU4 TOPIX INDX FUTR 9/17/2014 0.14%(PDBX) AQR EMERGING MARKETS 0.13%VGU4 EURO STOXX 50 9/23/2014 0.12%Z U4 FTSE 100 IDX FUT 9/24/2014 0.12%GXU4 DAX INDEX FUTURE 9/24/2014 0.11%(PDBM) PARAMETRIC EMERGING 0.11%CFQ4 CAC40 10 EURO FUT 9/10/2014 0.11%(PDW0) MID-CAP VALUE PORTFO 0.09%(PDZ0) NB/LSV MID-CAP VALUE 0.09%(PDAT) NEUBERGER MID-CAP GR 0.09%(3094) GS MID-CAP GROWTH 0.09%(PDBY) QMA EMERGING MARKETS 0.08%JAPANESE YEN 0.07%UK POUND STERLING 0.07%(3018) TROWE NATURAL RESOUR 0.06%(PDMK) TEMPLETON BOND PORTF 0.02%JAPAN YEN < 0.01%Security% of PortfolioUK POUND STERLING < 0.01%EURO < 0.01%AST Portfolio Holdings438 of 635

AST Prudential Core Bond PortfolioSecurity% of PortfolioUS 5YR NOTE(CBT) 9/30/2014 20.34%PRUDENTIAL CORE INVESTMNT 12/31/2049 11.08%RECV FRA SWP 8/18/2014 3.94%RECV FRA SWP 8/18/2014 3.93%RECV IRS CHF -.005 7/31/2015 2.26%FNCL 3.5 8/13/2042 1.96%US TREASURY N/B 1.5 5/31/2019 1.79%FNCL 4 9/14/2039 1.66%US TREASURY N/ 3.625 2/15/2044 1.54%FNCL 4.5 9/01/2033 1.45%FNCL 3.5 9/15/2041 1.15%FN AB6229 3.5 9/01/2042 0.85%G2SF 4 9/21/2039 0.80%US TREASURY N/ 1.375 6/30/2018 0.59%G2SF 4 8/20/2042 0.57%VERIZON COMM IN 6.55 9/15/2043 0.57%UNITED MEXICAN 2.75 4/22/2023 0.54%US TREASURY N/ 1.25 11/30/2018 0.53%WBCMT 2007-C34 A1A 5/15/2046 0.49%STRIPS 0 8/15/2021 0.48%FREDDIE MAC 1.75 5/30/2019 0.47%MLCFC 2006-4 A3 12/12/2049 0.42%SHSQR 2013-1A A1 4/15/2025 0.41%SAIL 2004-1 A3 2/25/2034 0.40%RECV CSWAP 0.00 1/25/2015 0.40%RECV CSWAP 8.69 9/09/2015 0.39%FNCL 5.5 9/01/2035 0.38%US TREASURY N/B 3.5 2/15/2018 0.37%FANNIE MAE 1.75 6/20/2019 0.37%STRIPS 0 5/15/2026 0.37%COMM 2014-UBS4 A3 8/10/2047 0.36%COMM 2013-CR12 A2 10/10/2046 0.36%FG C03520 4 9/01/2040 0.36%WFRBS 2014-LC14 A2 3/15/2047 0.35%FREDDIE MAC 2.375 1/13/2022 0.35%MORGAN STANLEY 5.5 7/28/2021 0.34%FLAGS 2013-7A A1 1/20/2026 0.34%RECV CSWAP 0.00 1/25/2015 0.33%PORTUGUESE OT'S 4.75 6/14/2019 0.33%MORGAN STANLEY 5.625 9/23/2019 0.33%JPMCC 2013-C10 A4 12/15/2047 0.32%DISCOVER BANK 2 2/21/2018 0.32%ACASC 2013-1A A 4/20/2025 0.32%BTPS 6.5 11/01/2027 0.31%WFCM 2014-LC16 A4 8/15/2050 0.31%FN AS1075 3 11/01/2043 0.30%UBSBB 2013-C5 A3 3/10/2046 0.30%CITIGROUP INC 8.5 5/22/2019 0.30%REGT3 2014-1A A1A 4/15/2026 0.30%GOLDMAN SACHS G 5.25 7/27/2021 0.30%BANK OF AMER CRP 5.7 1/24/2022 0.29%FNCI 3 8/01/2026 0.29%MAGNE 2012-6A A 9/15/2023 0.29%ANCHC 2013-1A A1 7/13/2025 0.29%Security% of PortfolioCOMM 2013-CR7 A3 3/10/2046 0.28%RECV OIS SWP 1/02/2017 0.28%BSP 2013-IIA A1 7/15/2024 0.28%UBSBB 2013-C6 A3 4/10/2046 0.27%TPCLO 2013-1A A1 7/15/2025 0.27%WBCMT 2006-C28 A4 10/15/2048 0.27%BSMC 2013-1A A1 4/17/2025 0.27%ANCHC 2014-3A A1 4/28/2026 0.27%WBCMT 2006-C27 A3 7/15/2045 0.27%REPUBLIC OF PER 7.5 10/14/2014 0.26%SAIL 2004-6 A3 7/25/2034 0.26%AMERICAN EXPRE 2.65 12/02/2022 0.25%BACM 2006-2 A4 5/10/2045 0.25%GOLDMAN SACHS GP 6 6/15/2020 0.25%JPMCC 2007-LD12 A4 2/15/2051 0.24%SPAIN 4 3/06/2018 0.24%G2 4696 4.5 5/20/2040 0.24%HELLENIC REPUB 3.8 8/08/2017 0.24%JPMBB 2014-C21 A4 8/15/2047 0.24%RECV PYFLTR 2.16 11/20/2018 0.24%FIFTH THIRD BAN 1.45 2/28/2018 0.24%FHMS K033 A2 7/25/2023 0.23%CCCIT 2005-C2 C2 3/24/2017 0.23%HSBC HLDGS PLC 6.5 5/02/2036 0.23%DCP MIDSTREAM 5.35 3/15/2020 0.23%CGCMT 2014-GC21 A4 5/10/2047 0.23%BRAZIL REP OF 11 6/26/2017 0.23%OCP 2012-2A A2 11/22/2023 0.22%CGCMT 2007-C6 A4 12/10/2049 0.22%AMER INTL GROUP 8.25 8/15/2018 0.22%MSBAM 2013-C7 A3 2/15/2046 0.22%RECV PYFIX 1.334 11/15/2019 0.22%AMER INTL GROUP 6.4 12/15/2020 0.21%KOMMUNALBANKEN 1.125 5/23/2018 0.21%GSMS 2006-GG6 A4 4/10/2038 0.21%GOLDMAN SACHS G 5.75 1/24/2022 0.21%FN AH1508 4.5 12/01/2040 0.21%FORD MOTOR CRE 2.375 1/16/2018 0.21%GEN ELEC CAP C 6.875 1/10/2039 0.21%BANK OF AMER C 5.875 1/05/2021 0.21%JPMORGAN CHASE 4.5 1/24/2022 0.21%JPMORGAN CHASE 3.25 9/23/2022 0.21%WBCMT 2007-C31 A4 4/15/2047 0.21%FANNIE MAE 0.875 2/08/2018 0.21%UNITED MEXICAN 4.25 7/14/2017 0.21%BANK OF AMER CRP 2.6 1/15/2019 0.21%CD 2006-CD3 A5 10/15/2048 0.20%PIONEER NATURAL 7.5 1/15/2020 0.20%PETROLEOS MEXICA 5.5 1/21/2021 0.20%AVOCE 2014-1A A1A 7/15/2026 0.20%CGCMT 2013-GC11 A3 4/10/2046 0.20%FREDDIE MAC 1 7/28/2017 0.20%RECV PYFLTR 3.736 6/28/2018 0.20%GALXY 20A A 10/15/2026 0.19%AST Portfolio Holdings439 of 635

AST Prudential Core Bond Portfolio (continued)Security% of PortfolioAMXCA 2012-4 C 5/15/2020 0.19%G2 4883 4.5 12/20/2040 0.19%BAY AREA TOLL- 6.263 4/01/2049 0.19%WBCMT 2006-C28 A1A 10/15/2048 0.19%BACM 2006-3 A4 7/10/2044 0.19%CSFB 2005-C2 A4 4/15/2037 0.19%BULGARIA REP 8.25 1/15/2015 0.19%BANK OF AMER CRP 5 5/13/2021 0.18%MAGNE 2014-8A A 4/15/2026 0.18%AIMCO 2014-AA A 7/20/2026 0.18%MAJAPAHIT HOLD 7.75 10/17/2016 0.18%FNCL 3 9/13/2042 0.18%WBCMT 2007-C33 A4 2/15/2051 0.18%FNCL 5 9/01/2035 0.18%FN 932807 4 9/01/2040 0.17%OOMLT 2004-1 M1 1/25/2034 0.17%INGIM 2013-1A A1 4/15/2024 0.17%WBCMT 2006-C29 A4 11/15/2048 0.17%CGMS 2014-3A A1A 7/27/2026 0.17%VERIZON COMM INC 6.4 9/15/2033 0.17%JPMORGAN CHASE 6.3 4/23/2019 0.17%MAGNE 2014-9A A1 7/25/2026 0.17%BATLN 2013-4A A1 10/22/2025 0.17%FG Q02258 4.5 7/01/2041 0.17%IMP TOBACCO FIN 2.05 2/11/2018 0.17%MSBAM 2013-C9 A3 5/15/2046 0.17%AMGEN INC 5.375 5/15/2043 0.17%FGLMC 4 9/15/2040 0.17%US TREASURY N/ 1.625 6/30/2019 0.17%OHAIN 2011-1AR AR 4/20/2021 0.17%RECV CSWAP 0.00 1/04/2016 0.16%FN AL1472 4.5 5/01/2039 0.16%BATLN 2014-5A A1 4/17/2026 0.16%WELLS FARGO CO 4.6 4/01/2021 0.16%RECV CSWAP 0.00 1.25.15 1/25/2015 0.16%WFCM 2013-LC12 A3 7/15/2046 0.16%LLOYDS BANK PLC 5.8 1/13/2020 0.16%GAZPROM 9.25 4/23/2019 0.16%CDP FINANCIAL 3.15 7/24/2024 0.16%KAZMUNAYGAS NA 9.125 7/02/2018 0.15%FG A95960 4 12/01/2040 0.15%PNC BANK NA 2.95 1/30/2023 0.15%GMACC 2006-C1 A4 11/10/2045 0.15%SUMITOMO MITSUI 3 1/18/2023 0.15%US TREASURY N/B 1.5 6/30/2016 0.15%FN AP4539 3.5 9/01/2042 0.15%FHMS K029 A2 2/25/2023 0.15%FHMS K029 A2 2/25/2023 0.15%CITIGROUP INC 6.125 5/15/2018 0.15%CAPITAL ONE BA 3.375 2/15/2023 0.15%LIMITED BRANDS 5.625 2/15/2022 0.15%WAMI 2014-1A A1 4/20/2026 0.15%FG A94997 4 11/01/2040 0.15%ROYAL BK SCOTL 6.125 1/11/2021 0.15%Security% of PortfolioJPMORGAN CHASE 4.25 10/15/2020 0.14%MSAC 2004-HE3 M1 3/25/2034 0.14%FG J28202 3 5/01/2029 0.14%JPMORGAN CHASE 4.35 8/15/2021 0.14%AVAGO TECH BK LN 5/06/2021 0.14%INTL PAPER CO 6 11/15/2041 0.14%GENERAL MOTORS 6.25 10/02/2043 0.13%TIME WARNER INC 6.25 3/29/2041 0.13%STRIPS 0 5/15/2022 0.13%KVK 2014-2A A 4/15/2026 0.13%BSCMS 2007-PW18 AAB 6/11/2050 0.13%JPMCC 2012-CBX A3 6/15/2045 0.13%GOLDMAN SACHS 6.75 10/01/2037 0.13%REP OF KOREA 7.125 4/16/2019 0.13%CMLTI 2004-OPT1 M1 10/25/2034 0.13%SABR 2004-OP1 M1 2/25/2034 0.13%NYC MUN WTR FI 5.882 6/15/2044 0.13%ABSHE 2004-HE2 M1 4/25/2034 0.13%ALTRIA GROUP INC 4 1/31/2024 0.12%KVK 2014-1A A1 5/15/2026 0.12%WBCMT 2007-C32 A1A 6/15/2049 0.12%GEN ELEC CAP C 5.875 1/14/2038 0.12%CIGNA CORP 5.375 2/15/2042 0.12%ARES 2013-1A A 4/15/2025 0.12%PORTUGAL (REP) 3.5 3/25/2015 0.12%MSBAM 2013-C11 A3 8/15/2046 0.12%WELLS FARGO CO 4.125 8/15/2023 0.12%LINCOLN NATL CR 6.3 10/09/2037 0.12%BACM 2007-2 A1A 4/10/2049 0.12%PENSKE TRUCK LE 2.5 3/15/2016 0.12%SNDPT 2012-1A B 10/20/2026 0.12%CDW LLC-CALL MULTI 12/15/2018 0.12%US TREASURY N/B 2.5 5/15/2024 0.12%RECV CSWAP JPY 5/14/2017 0.12%CONTL AIRLINES 4.15 4/11/2024 0.12%XSTRATA FIN C MULTI 10/25/2017 0.12%RECV REC FIX5.1% 4/28/2023 0.12%CWCI 2006-C1 A4 8/15/2048 0.11%ALLIED WORLD 5.5 11/15/2020 0.11%TURKEY REP OF 7 6/05/2020 0.11%BACM 2006-1 A1A 9/10/2045 0.11%PACIFIC RUBIAL 5.375 1/26/2019 0.11%AT&T INC 5.35 9/01/2040 0.11%INTESA SANPAOL 3.125 1/15/2016 0.11%RECV RECFIX 6.02% 6/20/2018 0.11%PLMRS 2014-1A A2 10/17/2022 0.11%RECV CSWAP 0.00 12/20/2015 0.11%FG A95831 4.5 12/01/2040 0.11%NOBLE ENERGY INC 6 3/01/2041 0.11%DAIMLER FINANC 2.375 8/01/2018 0.11%MSBAM 2013-C8 A3 12/15/2048 0.11%VIRGIN MEDIA SEC 6 4/15/2021 0.11%INDONESIA (REP) 3.75 4/25/2022 0.11%WBCMT 2005-C22 A4 12/15/2044 0.11%AST Portfolio Holdings440 of 635

AST Prudential Core Bond Portfolio (continued)Security% of PortfolioRECV PYFIX .98899 5/17/2018 0.11%CANADIAN PAC RR 4.5 1/15/2022 0.11%WINDR 2014-1A B2 4/18/2026 0.11%AETNA INC 2.75 11/15/2022 0.11%BMI 2013-1AR A1R 8/01/2021 0.11%BELGIUM KINGDO 2.875 9/15/2014 0.11%JPMORGAN CHASE 7.9 4/29/2049 0.11%MOSAIC CO 5.625 11/15/2043 0.11%JPMCC 2012-LC9 A4 12/15/2047 0.11%FOREST LABORAT 4.875 2/15/2021 0.11%RECV PYFLTR 5.41 11/09/2018 0.11%XSTRATA FIN C MULTI 10/23/2015 0.11%SCANDLINES BK LN 12/03/2020 0.11%KOREA HYDRO & NU 3 9/19/2022 0.11%RECV RECFIX 7.42% 6/25/2018 0.11%GEORGIA-PACIF 7.375 12/01/2025 0.11%HUNTINGTON BANCS 2.6 8/02/2018 0.11%WELLPOINT INC 4.65 1/15/2043 0.11%SHACK 2013-3A B2 4/15/2025 0.11%CAMERON INTERNA 5.95 6/01/2041 0.11%CWL 2004-BC1 M1 2/25/2034 0.11%CITIGROUP INC 3.375 3/01/2023 0.10%RUSSIA-EUROBON MULTI 3/31/2030 0.10%ARCELORMITTAL MULTI 8/05/2015 0.10%DOW CHEMICAL CO 3 11/15/2022 0.10%CASE NEW HOLL 7.875 12/01/2017 0.10%CABLEVISION SY 8.625 9/15/2017 0.10%CITIGROUP INC 3.875 10/25/2023 0.10%FIRST DATA COR MULTI 1/15/2021 0.10%RELIANCE HDG USA 5.4 2/14/2022 0.10%CA TXB-VAR PURP 7.5 4/01/2034 0.10%VERIZON COMM IN 7.35 4/01/2039 0.10%G2 4946 4.5 2/20/2041 0.10%FREDDIE MAC 0.875 3/07/2018 0.10%HUNGARY 4.125 2/19/2018 0.10%HCA INC 8 10/01/2018 0.10%METLIFE INC 5.7 6/15/2035 0.10%ANCHC 2013-1A A2B 7/13/2025 0.10%FN AB2801 3.5 4/01/2026 0.10%TEVA PHA FIN B 3.65 11/10/2021 0.10%FORD MOTOR CO 4.75 1/15/2043 0.10%OHIO ST UNIV-A-T 4.8 6/01/2111 0.10%PINNACLE ENTER 6.375 8/01/2021 0.10%BERKSHIRE HATHWY 4.5 2/11/2043 0.10%PSALM 7.39 12/02/2024 0.10%CIT GROUP INC 5 5/15/2017 0.10%COMM 2013-CR10 A3 8/10/2046 0.10%RECV CSWAP 0.00 10/19/2014 0.10%NXP BV/NXP FUND 5.75 2/15/2021 0.09%INGIM 2013-2A A1 4/25/2025 0.09%DOW CHEMICAL C 5.25 11/15/2041 0.09%BELGIUM KINGDOM 2.75 3/05/2015 0.09%MABS 2005-NC1 M1 12/25/2034 0.09%BANK OF AMER 5.125 12/29/2049 0.09%Security% of PortfolioFORD MOTOR CRED 2.75 5/15/2015 0.09%FG G08563 4 1/01/2044 0.09%SLM CORP 3.875 9/10/2015 0.09%JPMORGAN CHASE 5.625 8/16/2043 0.09%TURK EXIMBANK 5.375 11/04/2016 0.09%ARES 20A A1 8/28/2025 0.09%CAPITAL ONE FIN 3.75 4/24/2024 0.09%MABS 2004-HE1 M2 9/25/2034 0.09%KERR-MCGEE CORP 6.95 7/01/2024 0.09%ARES 20A A2 8/28/2025 0.09%COLOMBIA REP O 7.375 9/18/2037 0.09%HEAT 2005-9 2A4 4/25/2036 0.09%COMM 2013-CR6 A2 3/10/2046 0.09%RBS WRLD BK LN 11/30/2019 0.09%FN AB5219 3.5 5/01/2042 0.09%TEACHERS INS&A 6.85 12/16/2039 0.09%UNITED RENTAL 7.625 4/15/2022 0.09%PUGET SOUND E 4.434 11/15/2041 0.09%BACM 2007-5 A1A 2/10/2051 0.09%RECV CSWAP 0.00 1/17/2015 0.09%EMBARQ CORP 7.995 6/01/2036 0.09%FG G08567 4 1/01/2044 0.09%LLOYDS BANK PL 6.375 1/21/2021 0.09%GENERAL MOTOR 4.875 10/02/2023 0.09%BHP FINANCE USA 5 9/30/2043 0.09%BELGIUM KINGDO 0.875 9/14/2015 0.09%INTERACTIV BK LN 5/03/2021 0.09%CHICAGO ARPT-B 6.395 1/01/2040 0.09%LBUBS 2005-C7 AM 11/15/2040 0.08%PAC LIFE INSUR 9.25 6/15/2039 0.08%HOME DEPOT INC 4.4 3/15/2045 0.08%WBCMT 2005-C20 AMFX 7/15/2042 0.08%ABSHE 2004-HE5 M1 8/25/2034 0.08%CHOICE HOTELS 5.75 7/01/2022 0.08%INDONESIA (REP 2.875 7/08/2021 0.08%ROMANIA 4.875 1/22/2024 0.08%MSAC 2004-HE4 M1 5/25/2034 0.08%VIDEOTRON LTD 5 7/15/2022 0.08%DAIMLER FINANCE 2.95 1/11/2017 0.08%SASOL FINANCING 4.5 11/14/2022 0.08%UNITED TECH CORP 4.5 6/01/2042 0.08%UNITEDHEALTH 4.625 11/15/2041 0.08%ING BANK NV 2 9/25/2015 0.08%HFCHC 2006-1 A2 1/20/2036 0.08%PEOPLE'S UNITE 3.65 12/06/2022 0.08%DIRECTV HLDGS/F 5.15 3/15/2042 0.08%FANNIE MAE 1.25 1/30/2017 0.08%G2 4945 4 2/20/2041 0.08%OZLMF 2013-4A A1 7/22/2025 0.08%ORACLE CORP 4.3 7/08/2034 0.08%DUKE ENERGY FI 6.45 11/03/2036 0.08%HEAT 2003-6 M1 2/25/2034 0.08%RECV OIS SWAP 1/01/2021 0.08%ALLIANCE BK LN 7/09/2017 0.08%AST Portfolio Holdings441 of 635

AST Prudential Core Bond Portfolio (continued)Security% of PortfolioHFCHC 2007-2 M1 7/20/2036 0.08%CITIGROUP INC 8.125 7/15/2039 0.08%OGF SA BK LN 10/30/2020 0.08%CGCMT 2008-C7 A4 12/10/2049 0.08%ABSHE 2004-HE3 M1 6/25/2034 0.08%PETROLEOS MEXICA 5.5 6/27/2044 0.08%FMG RES 6 4/01/2017 0.07%BSABS 2005-SD3 1A 7/25/2035 0.07%PACIFIC GAS&ELE 4.5 12/15/2041 0.07%MABS 2004-WMC2 M1 4/25/2034 0.07%KOREA GAS CORP 4.25 11/02/2020 0.07%G2 4746 4.5 7/20/2040 0.07%JBS USA LLC/JBS 7.25 6/01/2021 0.07%UPCB FIN III 6.625 7/01/2020 0.07%COMCAST CORP 6.45 3/15/2037 0.07%SPRINT NEXTEL 7 8/15/2020 0.07%GRIFOLS BK LN 2/26/2021 0.07%ODEBRECHT FINA 7.125 6/26/2042 0.07%GAZPROM 6.51 3/07/2022 0.07%BRITISH TEL P MULTI 12/15/2030 0.07%NOMURA HOLDINGS 2 9/13/2016 0.07%LIGHP 2006-1A A 1/31/2022 0.07%ANCHC 2014-3A A2A 4/28/2026 0.07%CHS/COMMUNITY 5.125 8/15/2018 0.07%CELANESE US H 6.625 10/15/2018 0.07%CVS CAREMARK 6.25 6/01/2027 0.07%WELLS FARGO CO 5.606 1/15/2044 0.07%LLOYDS BANK PLC 4.2 3/28/2017 0.07%AMC NETWORKS IN 7.75 7/15/2021 0.07%BSABS 2006-SD2 A1 6/25/2036 0.07%MALLINCKRODT BK L 3/19/2021 0.07%CSMC 2006-C1 AM 2/15/2039 0.07%CONCHO RES/MIDLA 5.5 4/01/2023 0.07%CA TXB-VAR PURP 5.95 4/01/2016 0.07%MORGAN STANLEY 5.45 12/31/2049 0.07%VIRGIN BK LN 6/08/2020 0.07%FRASR 2006-1A B 3/15/2020 0.07%AETNA INC 6.75 12/15/2037 0.07%CITIGROUP INC 6.675 9/13/2043 0.07%SOUTHERN COPPER 7.5 7/27/2035 0.07%UBSBB 2012-C4 A4 12/10/2045 0.07%INTL PAPER CO 7.95 6/15/2018 0.07%BALL CORP 4 11/15/2023 0.07%EMLT 2004-3 M2 12/25/2034 0.07%FN AO2975 3.5 5/01/2042 0.07%DEVON ENERGY 7.95 4/15/2032 0.07%FN AS0516 3 9/01/2043 0.07%PANAMA 5.2 1/30/2020 0.07%BSABS 2004-HE5 M1 7/25/2034 0.07%FN AB5179 3.5 5/01/2042 0.07%QATAR STATE OF 5.75 1/20/2042 0.07%SVOVM 2012-AA A 9/20/2029 0.07%BELGIUM KINGD 8.875 12/01/2024 0.07%KOREA HYDRO & N 4.75 7/13/2021 0.07%Security% of PortfolioREYNOLDS AMERIC 6.75 6/15/2017 0.06%BRAZIL REP OF 7.125 1/20/2037 0.06%SALT RVR PROJ 4.839 1/01/2041 0.06%SOUTH AFRICA 4.5 4/05/2016 0.06%DELTA AIR 2011-1 5.3 4/15/2019 0.06%COMMONWEALTH ED 6.45 1/15/2038 0.06%FIRST DATA BK LN 9/24/2018 0.06%RECV CSWAP 0.00 10/18/2014 0.06%FIRSTENERGY C 7.375 11/15/2031 0.06%PUB SVC EL & GA 3.65 9/01/2042 0.06%G2 4833 4 10/20/2040 0.06%MD TRN AUTH 5.888 7/01/2043 0.06%BACM 2006-6 A4 10/10/2045 0.06%PHILIPPINES(REP 6.25 3/15/2016 0.06%G2 4616 4 1/20/2040 0.06%BSABS 2004-FR2 M2 6/25/2034 0.06%CITIGROUP INC 6.125 8/25/2036 0.06%NABORS INDS IN 4.625 9/15/2021 0.06%ERAC USA FINANCE 7 10/15/2037 0.06%PNC BANK NA 4.2 11/01/2025 0.06%ANADARKO PETRO 0 10/10/2036 0.06%RECV CSWAP 12/19/2015 0.06%GOLDMAN SACHS GP 4.8 7/08/2044 0.06%PETROLEOS MEXI 4.875 1/24/2022 0.06%BRAZIL REP OF 5.625 1/07/2041 0.06%MSC 2006-IQ11 A4 10/15/2042 0.06%BERAU CAP RESOU 12.5 7/08/2015 0.06%QWEST CORP 7.5 10/01/2014 0.06%ITALY GOV'T INT 3.45 3/24/2017 0.06%HELLENIC REPUBL 4.75 4/17/2019 0.06%DANA HOLDING 6.5 2/15/2019 0.06%VALEANT PHARM 6.875 12/01/2018 0.06%STARZ LLC/FIN CO 5 9/15/2019 0.06%CENOVUS ENERGY 6.75 11/15/2039 0.06%REPUBLIC OF 4.875 5/05/2021 0.06%MGM RESORT BK LN 12/20/2017 0.06%GAZPROM 8.625 4/28/2034 0.06%ECHOSTAR DBS 6.625 10/01/2014 0.06%ST BK INDIA/LON 4.5 11/30/2015 0.06%COM FED ELECTR 4.875 1/15/2024 0.06%NISOURCE FIN CP 4.8 2/15/2044 0.06%RECV RECFIX 0% OIS 1/01/2017 0.06%ACTUANT CORP 5.625 6/15/2022 0.06%NJ TPK-TXB-A-B 7.102 1/01/2041 0.06%PETROBRAS INTL 5.375 1/27/2021 0.06%ARAMARK SERV IN 5.75 3/15/2020 0.06%PERU ENHANCED 0 5/31/2018 0.06%TURKEY REP OF 5.75 3/22/2024 0.06%MRNPK 2012-1A A1A 5/18/2023 0.06%HSBC HOLDINGS 4 3/30/2022 0.06%WELLS FARGO CO 2.1 5/08/2017 0.06%GCCFC 2005-GG3 AJ 8/10/2042 0.06%HUNGARY 6.375 3/29/2021 0.06%RECV PYFLTR 6.54 10/20/2023 0.06%AST Portfolio Holdings442 of 635

AST Prudential Core Bond Portfolio (continued)Security% of PortfolioCHUBB CORP 6 5/11/2037 0.06%DISCOVER FIN S 3.85 11/21/2022 0.05%LIBERTY MUTUAL 6.5 5/01/2042 0.05%AT&T INC 4.8 6/15/2044 0.05%GN 799799 3.5 3/15/2042 0.05%UNITEDHEALTH G 3.95 10/15/2042 0.05%RUTGERS UNV-TX 5.665 5/01/2040 0.05%ALTRIA GROUP IN 10.2 2/06/2039 0.05%COVANTA HOLDIN 7.25 12/01/2020 0.05%CWL 2004-BC4 M1 11/25/2034 0.05%KAZMUNAYGAS NAT 5.75 4/30/2043 0.05%CENOVUS ENERGY 4.45 9/15/2042 0.05%HARVARD UNIV 4.875 10/15/2040 0.05%CVS CAREMARK 6.125 9/15/2039 0.05%TURKEY REP OF 6.75 4/03/2018 0.05%SLOVENIA 4.75 5/10/2018 0.05%TRANS UNION BK LN 4/09/2021 0.05%CF INDUSTRIES 5.375 3/15/2044 0.05%COLOMBIA REP O 5.625 2/26/2044 0.05%JEFFERIES GROUP 6.5 1/20/2043 0.05%UNITED MEXICAN 4.75 3/08/2044 0.05%CAPITAL ONE FIN 4.75 7/15/2021 0.05%FHMS K020 X1 5/25/2022 0.05%FHMS K020 X1 5/25/2022 0.05%BANK OF AMER C 7.625 6/01/2019 0.05%WILLIAMS PARTNER 4 11/15/2021 0.05%ARSI 2003-W10 M1 1/25/2034 0.05%CONSTELLATION B 7.25 9/01/2016 0.05%SPX CORP 6.875 9/01/2017 0.05%CITIGROUP INC 5.3 5/06/2044 0.05%BE AEROSPACE 5.25 4/01/2022 0.05%MLMT 2006-C1 AM 5/12/2039 0.05%SNDPT 2012-1A B 10/20/2023 0.05%RECV CSWAP 0.00 10/17/2014 0.05%MARRIOTT INTL 3.25 9/15/2022 0.05%PENSKE TRUCK L 2.875 7/17/2018 0.05%HCA INC 5.875 3/15/2022 0.05%KOREA DEV BANK 3.5 8/22/2017 0.05%RECV PAYFIX 2.06 12/13/2027 0.05%MASS MUTUAL L 5.375 12/01/2041 0.05%XYLEM INC 4.875 10/01/2021 0.05%WESTERN GAS PAR 5.45 4/01/2044 0.05%NOBLE ENERGY I 4.15 12/15/2021 0.05%ACE 2004-OP1 M1 4/25/2034 0.05%STRIP PRINC 0 2/15/2044 0.05%SK TELECOM CO 2.125 5/01/2018 0.05%CERAMTEC BK LN 8/31/2020 0.05%SPRINT NEXTEL 6 12/01/2016 0.05%UNITED MEXICAN 6.75 2/06/2024 0.05%US BANCORP 2.95 7/15/2022 0.05%JABIL CIRCUIT 4.7 9/15/2022 0.05%FHMS K025 X1 10/25/2022 0.05%FHMS K036 X1 10/25/2023 0.05%SMLF 2012-1A B 8/17/2022 0.05%Security% of PortfolioBATLN 2014-5A A2A 4/17/2026 0.05%BATLN 2014-5A A2B 4/17/2026 0.05%SCHAEFFLER BK LN 5/15/2020 0.05%WAMI 2014-1A B2 4/20/2026 0.05%AMERICA MOVIL 6.125 3/30/2040 0.05%CEQUEL BK LN 2/14/2019 0.05%PORT AUTH-174 4.458 10/01/2062 0.05%ARAMARK BK LN 9/07/2019 0.05%AMER INTL GROUP 5.45 5/18/2017 0.05%HSBC USA INC 2.375 2/13/2015 0.04%KVK 2014-2A B 4/15/2026 0.04%ANADARKO PETRO 6.45 9/15/2036 0.04%SRFC 2012-3A A 8/20/2029 0.04%RUSSIA-EUROBON MULTI 3/31/2030 0.04%AXIS SPECLTY F 5.875 6/01/2020 0.04%REPUBLIC OF G 5.8 7/14/2015 0.04%ENTERPRISE PROD 5.95 2/01/2041 0.04%STEEL DYNAMICS 7.625 3/15/2020 0.04%COMM 2012-CR5 A3 12/10/2045 0.04%WYNDHAM WORLDWI 4.25 3/01/2022 0.04%SANTANDER HOLD 3 9/24/2015 0.04%PEOPLES UNITED 4 7/15/2024 0.04%TEREX CORP 6.5 4/01/2020 0.04%PETROLEOS MEXICA 3.5 1/30/2023 0.04%RECV CSWAP 7.71 7/23/2018 0.04%CNOOC FIN 2013 L 3 5/09/2023 0.04%L A WTR & PWR- 5.716 7/01/2039 0.04%FG G07129 3.5 9/01/2042 0.04%ENDURANCE SPECIA 7 7/15/2034 0.04%MAJAPAHIT HOLD 7.75 10/17/2016 0.04%SAIL 2004-7 A7 8/25/2034 0.04%UNIVERSAL BK LN 8/15/2016 0.04%MOHAWK INDUST 3.85 2/01/2023 0.04%TRANSOCEAN INC 2.5 10/15/2017 0.04%INDONESIA (REP 6.875 1/17/2018 0.04%RPI FIN TR BK LN 11/09/2018 0.04%RECV RECFIX 2.2% 12/13/2027 0.04%XSTRATA FIN CA 2.85 11/10/2014 0.04%AMSI 2003-1 M1 2/25/2033 0.04%RECV CSWAP 7.7 7/22/2018 0.04%CWL 2004-SD1 A1 6/25/2033 0.04%CALPINE BK LN 10/09/2019 0.04%JPMCC 2005-LDP5 A3 12/15/2044 0.04%FREESCALE BK LN 2/28/2020 0.04%HOLOGIC BK LN 8/01/2017 0.04%ODEBRECHT FINAN 5.25 6/27/2029 0.04%RECV OIS SWAP 0.00 1/01/2017 0.04%MIH BV 6 7/18/2020 0.04%LORILLARD TOBACC 7 8/04/2041 0.04%SOUTHERN COPPER 6.75 4/16/2040 0.04%GNSF 4.5 9/22/2033 0.04%FN AL1762 3 5/01/2027 0.04%RECV CSWAP 0.00 12/17/2015 0.04%CD 2007-CD4 A3 12/11/2049 0.04%AST Portfolio Holdings443 of 635

AST Prudential Core Bond Portfolio (continued)Security% of PortfolioNYC FIN-BABS-T 5.767 8/01/2036 0.04%ECOPETROL SA 5.875 5/28/2045 0.04%MORGAN STANLEY 6.375 7/24/2042 0.04%AMER INTL GROUP 4.5 7/16/2044 0.04%REALTY INCOME 5.5 11/15/2015 0.04%HARTFORD FINL 5.125 4/15/2022 0.04%RECV PYFLTR 4.2475 8/07/2023 0.04%CHS/COMM H BK LN 1/27/2021 0.04%NJ TPK-F-TXB 7.414 1/01/2040 0.04%COMMSCOPE INC 5 6/15/2021 0.04%PIONEER NATURAL 6.65 3/15/2017 0.03%MSAC 2004-HE1 A4 1/25/2034 0.03%PA TPK-BABS-B 5.511 12/01/2045 0.03%ILLINOIS-TXBL 4.421 1/01/2015 0.03%KVK 2014-1A A2 5/15/2026 0.03%COVENTRY HEALTH 6.3 8/15/2014 0.03%US TREASURY N/B 1.5 12/31/2018 0.03%STATOIL ASA 4.25 11/23/2041 0.03%BURLINGTON NOR 4.375 9/01/2042 0.03%RECV RECFIX 7.25 5/17/2023 0.03%RECV REC FIX 7.25 5/20/2023 0.03%RECV RCFIX 4.6475 8/12/2023 0.03%OOMLT 2003-5 A2 8/25/2033 0.03%CENTERPOINT ENE 5.85 1/15/2041 0.03%MOSAIC CO 5.45 11/15/2033 0.03%NEWS AMER INC 6.15 3/01/2037 0.03%RECV IFS 2.89 7/15/2024 0.03%ARSI 2004-W10 A2 10/25/2034 0.03%VIACOM INC 5.85 9/01/2043 0.03%RECV RCFIX 4.1425 8/12/2018 0.03%CHARTER COM BKLN 12/31/2020 0.03%ACTAVIS FUNDING 4.85 6/15/2044 0.03%MLMI 2003-WMC3 M3 6/25/2034 0.03%CDS 5.0% 12.20.16 12/20/2016 0.03%CDS 5.0% 12.20.16 0.03%NORTHWESTERN M 6.063 3/30/2040 0.03%DUKE ENERGY CA 4.25 12/15/2041 0.03%RECV RECFIX 3.81 3/26/2017 0.03%BARCLAYS BK PLC 3.75 5/15/2024 0.03%CD 2007-CD4 A4 12/11/2049 0.03%FHMS K710 X1 5/25/2019 0.03%FHMS K710 X1 5/25/2019 0.03%FLORIDA PWR & 4.125 2/01/2042 0.03%MLMI 2004-WMC3 M2 1/25/2035 0.03%ABSHE 2003-HE7 M1 12/15/2033 0.03%SAN ANTONIO EL 4.427 2/01/2042 0.03%FHMS K008 X1 6/25/2020 0.03%FHMS K008 X1 6/25/2020 0.03%LIFEPOINT BK LN 7/24/2017 0.03%ASTRAZENECA PLC 6.45 9/15/2037 0.03%FHMS K711 X1 7/25/2019 0.03%FHMS K711 X1 7/25/2019 0.03%VTB BANK 6.875 5/29/2018 0.03%BSABS 2003-2 A3 3/25/2043 0.03%Security% of PortfolioSUMITOMO MITSUI 2.45 1/10/2019 0.03%ERAC USA FINANCE 6.7 6/01/2034 0.03%MSDWC 2003-NC1 M1 11/25/2032 0.03%BANK OF AMER CRP 4.1 7/24/2023 0.03%MYLAN INC 1.8 6/24/2016 0.03%RAC PLC BK LN 10/29/2019 0.03%RAC PLC BK LN 10/29/2019 0.03%CO BRDG ENT-T 6.078 12/01/2040 0.03%MINERVA LUX SA 12.25 2/10/2022 0.03%ACASC 2013-1A B2 4/20/2025 0.03%SLOVENIA 4.125 2/18/2019 0.03%TNK-BP FINANCE 6.625 3/20/2017 0.03%RECV CSWAP 0.00 12/18/2015 0.03%RECV CSWAP 0.00 12/14/2015 0.03%FHMS K021 X1 6/25/2022 0.03%FHMS K021 X1 6/25/2022 0.03%CONTL AIRLINES 4 10/29/2024 0.03%RECV CSWAP 0.00 10/11/2014 0.03%ROCK-TENN CO 4.45 3/01/2019 0.03%RECV CSWAP 4.25 7/14/2017 0.03%ITALY GOV'T INT 4.5 6/08/2015 0.03%ACE 2004-IN1 A1 5/25/2034 0.03%ROCK-TENN CO 4 3/01/2023 0.03%RECV CSWAP 0.00 9/28/2017 0.03%ROYAL BK SCOTLN 2.55 9/18/2015 0.03%VEDANTA RESOURCE 6 1/31/2019 0.03%ONEOK PARTNERS 6.2 9/15/2043 0.03%CALPINE CORP 5.75 1/15/2025 0.03%LIBERTY MUTUAL 6.5 3/15/2035 0.03%HELLENIC REPUB 5.8 7/14/2015 0.03%WBCMT 2006-C23 A5 1/15/2045 0.03%LUKOIL INTL FI 7.25 11/05/2019 0.03%ABSHE 2003-HE1 M2 1/15/2033 0.03%SOUTHERN POWER 5.15 9/15/2041 0.03%METLIFE INC MULTI 9/15/2023 0.03%RECV CSWAP 0.00 10/12/2016 0.03%GN AA5453 3.5 7/15/2042 0.03%SAN DIEGO G & 3.95 11/15/2041 0.02%RECV REC FIX4.22 8/13/2018 0.02%RECV REC FIX4.73 8/13/2023 0.02%RECV RECFIX 4.16 8/13/2018 0.02%CALPINE CORP 5.375 1/15/2023 0.02%RECV RCFIX 4.6675 8/13/2023 0.02%ABFC 2004-OPT2 M1 8/25/2033 0.02%LA DEPT WTR & 6.574 7/01/2045 0.02%VIACOM INC 4.875 6/15/2043 0.02%VALEANT PHARMA 6.75 8/15/2018 0.02%ST BK INDIA/LO 4.125 8/01/2017 0.02%GN 796411 3.5 4/15/2043 0.02%FN AU9644 2.5 9/01/2028 0.02%ASHLAND INC 3.875 4/15/2018 0.02%RECV PAYFLTR 8.97 9/03/2033 0.02%RECV RECFIX4.42% 12/19/2032 0.02%ALTRIA GROUP I 9.95 11/10/2038 0.02%AST Portfolio Holdings444 of 635

AST Prudential Core Bond Portfolio (continued)Security% of PortfolioRECV CS EUR 0.00 9/27/2015 0.02%BELGIUM KINGDOM FRN 9/23/2014 0.02%CDS 5.0% 12.20.16 12/20/2016 0.02%CDS 5.0% 12.20.16 0.02%MLCFC 2006-1 AM 2/12/2039 0.02%SHACK 2014-6A B1 7/17/2026 0.02%SASC 2004-7 3A1 5/25/2019 0.02%STRIP PRINC 0 5/15/2044 0.02%HALLIBURTON CO 4.5 11/15/2041 0.02%FN AU3735 3 8/01/2043 0.02%MSC 2007-HQ11 A4 2/12/2044 0.02%AT&T INC 5.55 8/15/2041 0.02%CEN11 20A A1 4/25/2019 0.02%PENSKE TRUCK L 3.125 5/11/2015 0.02%GN 744929 3.5 7/15/2042 0.02%RECV CSWAP 0.00 10/02/2014 0.02%RECV CSWAP 0.00 5/02/2015 0.02%WEATHERFORD BER 5.95 4/15/2042 0.02%GN 798955 3.5 5/15/2042 0.02%CDS 5% 12/20/2016 0.02%CDS 5% 0.02%ONEOK PARTNERS 6.125 2/01/2041 0.02%MONSANTO CO 4.4 7/15/2044 0.02%FIRSTENERGY TRA 5.45 7/15/2044 0.02%RECV OIS SWP 11/19/2018 0.02%GN 783403 3.5 9/15/2041 0.02%KRAFT FOODS GR 6.125 8/23/2018 0.02%RECV OIS SWP 11/20/2018 0.02%VERIZON COMM I 4.75 11/01/2041 0.02%ABFC 2004-OPT5 A1 6/25/2034 0.02%FN AV0802 2.5 8/01/2028 0.02%ROMANIA 5 3/18/2015 0.02%GILEAD SCIENCE 5.65 12/01/2041 0.02%RECV CSWAP 4.50 6/08/2015 0.02%WELLPOINT INC 4.625 5/15/2042 0.02%GEN ELECTRIC CO 4.5 3/11/2044 0.02%FN AU1761 2.5 7/01/2028 0.02%PNC BANK NA 3.8 7/25/2023 0.02%GSMS 2012-GC6 A2 1/10/2045 0.02%MARKEL CORP 5 3/30/2043 0.02%WFMBS 2007-5 1A1 5/25/2037 0.02%CBS CORP 5.9 10/15/2040 0.02%RECV CSWAP 0.00 9/26/2015 0.02%GN 756271 3.5 7/15/2042 0.02%RECV RECFIX 3.79% 9.25.22 9/25/2022 0.02%MONSANTO CO 4.2 7/15/2034 0.02%PEABODY ENERGY 6 11/15/2018 0.02%GN 767100 3.5 12/15/2043 0.02%RECV PAYFLTR 4.28 8/08/2023 0.02%AMERICAN EXPRESS 7 3/19/2018 0.02%RAMC 2003-3 A 12/25/2033 0.02%RECV USD 1.625 11/30/2018 0.02%PAYB USD 1.625 11/30/2018 0.02%OOMLT 2003-3 A4 6/25/2033 0.02%Security% of PortfolioCEDAR FAIR LP/ 5.375 6/01/2024 0.02%HARLEY-DAVIDSON 2.7 3/15/2017 0.02%10Y RTR 2.75 8/15/2014 0.02%SAIL 20 A4 1/25/2035 0.02%RECV PAYFLTR 3.985 9/03/2018 0.02%RECV PAYFLTR 4.231 8/09/2023 0.02%RECV CSWAP 0.00 1/25/2015 0.02%CVS CAREMARK 5.3 12/05/2043 0.01%AERCAP IRELAND C 4.5 5/15/2021 0.01%EXP-IMP BK KOR 5.125 6/29/2020 0.01%MACYS RETAIL H 3.875 1/15/2022 0.01%KOREA DEV BANK 3.875 5/04/2017 0.01%CERAMTECH BK LN 8/30/2020 0.01%PA TPK COMMN 6.105 12/01/2039 0.01%RECV PYFLTR 5.94 9/03/2023 0.01%WPX ENERGY INC 5.25 1/15/2017 0.01%RECV CSWAP 12.4.14 12/04/2014 0.01%FN AT8943 2.5 7/01/2028 0.01%CBASS 2004-CB4 A6 5/25/2035 0.01%SIMON PROP GP 6.125 5/30/2018 0.01%CHS COMM BK LN 1/25/2017 0.01%MSAC 2003-NC6 M1 6/25/2033 0.01%RECV OIS 5.24 2/27/2024 0.01%CEMEX ESPANA L MULTI 4/30/2019 0.01%GN 616913 3.5 2/15/2042 0.01%G2SF 4.5 9/21/2040 0.01%ACE 2003-OP1 M1 12/25/2033 0.01%GEN ELECTRIC 4.125 10/09/2042 0.01%MONSANTO CO 3.375 7/15/2024 0.01%CDS 5% 12/20/2016 0.01%CDS 5% 0.01%GN 767094 3.5 7/15/2043 0.01%CURATORS UNIV 5.792 11/01/2041 0.01%BACM 2004-5 AJ 11/10/2041 0.01%BRF SA 3.95 5/22/2023 0.01%RECV IFS 2.8825 7/15/2024 0.01%RECV CSWAP 3.45 3/24/2017 0.01%GN AD2223 3.5 2/15/2043 0.01%FN AU9945 3 7/01/2043 0.01%ALLSTATE CORP 4.5 6/15/2043 0.01%GN 779398 3.5 6/15/2042 0.01%RUSSIAN ROUBLE 12/31/1899 0.01%BACM 2007-5 A3 2/10/2051 0.01%UNITEDHEALTH GR 5.95 2/15/2041 0.01%SEAGATE TECH HD 6.8 10/01/2016 0.01%URUGUAY 6.875 1/19/2016 0.01%FN AS0489 2.5 9/01/2028 0.01%ZOETIS INC 4.7 2/01/2043 0.01%SIMON PROP GP 3.375 3/15/2022 0.01%GN AA5452 3.5 7/15/2042 0.01%FN AS1375 4 12/01/2043 0.01%TENET HEALTHCA 6.25 11/01/2018 0.01%GN AC2550 3.5 1/15/2043 0.01%ALERE INC BK LN 6/30/2017 0.01%AST Portfolio Holdings445 of 635

AST Prudential Core Bond Portfolio (continued)Security% of PortfolioALERE INC BK LN 6/30/2016 0.01%GN 539240 3.5 11/15/2041 0.01%LABORATORY CORP 3.75 8/23/2022 0.01%SAST 2004-1 A 3/25/2035 0.01%UNITED MEXICAN 11 5/08/2017 0.01%UNITED MEXICAN 11 5/08/2017 0.01%COMM 2006-C7 A1A 6/10/2046 0.01%MSAC 2003-NC10 M1 10/25/2033 0.01%ALLISON BK LN 8/07/2017 0.01%LYONDELLBASELL 6 11/15/2021 0.01%MPORT 2006-1A A1L 2/22/2020 0.01%FN AB9428 2.5 5/01/2028 0.01%RECV AUD 4.42% 12/20/2032 0.01%POUND STERLING 12/31/1899 0.01%RECV PYFLTR 4.7425 3/07/2029 0.01%AMSI 2004-R1 A2 2/25/2034 0.01%DOM GAS HOLD LL 4.8 11/01/2043 0.01%FN AT2059 2.5 4/01/2028 0.01%PRINCIPAL FINL 4.625 9/15/2042 0.01%GN AG7706 3.5 1/15/2044 0.01%FHMS K501 X1A 8/25/2016 0.01%FHMS K501 X1A 8/25/2016 0.01%VIACOM INC 4.5 2/27/2042 < 0.01%FN AU1661 2.5 7/01/2028 < 0.01%METLIFE CAP T 7.875 12/15/2037 < 0.01%FN AU2619 2.5 8/01/2028 < 0.01%FN AS0047 2.5 7/01/2028 < 0.01%RECV CSWAP 4.50 6/08/2015 < 0.01%RECV PAYFLTR 5.48 4/18/2019 < 0.01%CURRENCY CONTRACT - PHP 12/31/1899 < 0.01%RECV PAYFLTR 6.37 5/25/2022 < 0.01%RECV PAYFLTR 7.2% 3/04/2016 < 0.01%RECV RCFIX 6.085 9/02/2023 < 0.01%RECV CSWAP 4.25 7/14/2017 < 0.01%RECV PAYFLTR 5.08 12/02/2015 < 0.01%GN AD5435 3.5 5/15/2043 < 0.01%LAFC 2012-1A A 9/06/2022 < 0.01%GN 767060 3.5 5/15/2043 < 0.01%JAPANESE YEN 12/31/1899 < 0.01%GN 778794 3.5 1/15/2042 < 0.01%GN AH3592 3.5 11/15/2043 < 0.01%RECV REC FIX7.2 2/24/2016 < 0.01%GN AA5114 3.5 8/15/2042 < 0.01%CURRENCY CONTRACT - CNY 12/31/1899 < 0.01%GN 767086 3.5 10/15/2043 < 0.01%GN AD7694 3.5 5/15/2043 < 0.01%RECV PYFLTR 8.19 11/14/2023 < 0.01%GN AD3761 3.5 5/15/2043 < 0.01%AUSTRALIAN DOLLAR 12/31/1899 < 0.01%GN 794871 3.5 3/15/2042 < 0.01%MEXICAN NUEVO PESO 12/31/1899 < 0.01%HUNGARIAN FORINT 12/31/1899 < 0.01%GN 656539 3.5 11/15/2041 < 0.01%SOUTH AFRICAN RAND 12/31/1899 < 0.01%Security% of PortfolioCURRENCY CONTRACT - CNH 12/31/1899 < 0.01%NEW ZEALAND DOLLAR 12/31/1899 < 0.01%CANADIAN DOLLAR 12/31/1899 < 0.01%SINGAPORE DOLLAR 12/31/1899 < 0.01%SWISS FRANC 12/31/1899 < 0.01%ISRAELI SHEKEL 12/31/1899 < 0.01%LANDM 2007-9A A1 4/15/2021 < 0.01%SWEDISH KRONA 12/31/1899 < 0.01%CALPINE CORP BK LN 4/01/2018 < 0.01%CZECH KORUNA 12/31/1899 < 0.01%FN AQ4123 2.5 10/01/2028 < 0.01%NORWEGIAN KRONE 12/31/1899 < 0.01%FN AV7736 2.5 1/01/2029 < 0.01%AELIS 2005-2A A2 1/26/2020 < 0.01%FN AV2316 2.5 12/01/2028 < 0.01%PAYB RCFIX 6.085 9/02/2023 < 0.01%B8A0SL5B5 7/14/2017 < 0.01%B8A0SLPJ6 7/14/2017 < 0.01%PAYB PYFLTR 4.2475 8/07/2023 < 0.01%PAYB PAYFLTR .45% 2/18/2016 < 0.01%PAYB PYFLTR 5.94 9/03/2023 < 0.01%PAYB PYFLTR 8.19 11/14/2023 < 0.01%B8A10KJG9 6/08/2015 < 0.01%B8A10R223 6/08/2015 < 0.01%B8A10SLY0 3/24/2017 < 0.01%PAYB REC FIX 1.955 5/09/2023 < 0.01%PAYB REC FIX7.2 2/24/2016 < 0.01%PAYB PYFLTR 4.7425 3/07/2029 < 0.01%PAYB PAYFLTR 7.2% 3/04/2016 < 0.01%PAYB PAYFLTR 6.37 5/25/2022 < 0.01%PAYB PAYFLTR 3.985 9/03/2018 < 0.01%PAYB PAYFLTR 5.08 12/02/2015 < 0.01%PAYB PAYFLTR 4.28 8/08/2023 < 0.01%PAYB PAYFLTR 4.231 8/09/2023 < 0.01%B8A0SL5B5 7/14/2017 < 0.01%PAYB PAYFLTR 5.48 4/18/2019 < 0.01%RECV PAYFLTR .45% 2/18/2016 < 0.01%THAILAND BAHT 12/31/1899 < 0.01%PAYB IRS EUR 0.125 8/01/2017 < 0.01%RECV IRS EUR 0.125 8/01/2017 < 0.01%PAYB IRS EUR .325 8/01/2019 < 0.01%RECV IRS EUR .325 8/01/2019 < 0.01%NEW TURKISH LIRA 12/31/1899 < 0.01%CURRENCY CONTRACT - TRY 12/31/1899 < 0.01%RECV REC FIX 1.955 5/09/2023 < 0.01%CURRENCY CONTRACT - RON 12/31/1899 < 0.01%CURRENCY CONTRACT - CHF 12/31/1899 < 0.01%PAYB IRS EUR 0.604 8/01/2021 < 0.01%RECV IRS EUR 0.604 8/01/2021 < 0.01%CURRENCY CONTRACT - COP 12/31/1899 < 0.01%CURRENCY CONTRACT - MYR 12/31/1899 < 0.01%EURO 12/31/1899 < 0.01%CURRENCY CONTRACT - NZD 12/31/1899 < 0.01%CURRENCY CONTRACT - BRL 12/31/1899 < 0.01%AST Portfolio Holdings446 of 635

AST Prudential Core Bond Portfolio (continued)Security% of PortfolioCURRENCY CONTRACT - INR 12/31/1899 < 0.01%CURRENCY CONTRACT - SGD 12/31/1899 < 0.01%PAYB IRS EUR 1.011 8/01/2024 < 0.01%RECV IRS EUR 1.011 8/01/2024 < 0.01%CURRENCY CONTRACT - ZAR 12/31/1899 < 0.01%CURRENCY CONTRACT - KRW 12/31/1899 < 0.01%CURRENCY CONTRACT - PEN 12/31/1899 < 0.01%CURRENCY CONTRACT - PLN 12/31/1899 < 0.01%PAYB CSWAP 4.50 6/08/2015 < 0.01%CURRENCY CONTRACT - AUD 12/31/1899 < 0.01%CURRENCY CONTRACT - HUF 12/31/1899 < 0.01%PAYB USD 2.375 5/15/2021 < 0.01%RECV USD 2.375 5/15/2021 < 0.01%PAYB CSWAP 4.25 7/14/2017 < 0.01%CURRENCY CONTRACT - MXN 12/31/1899 < 0.01%CURRENCY CONTRACT - CLP 12/31/1899 -0.01%CURRENCY CONTRACT - EUR 12/31/1899 -0.01%PAYB AUD 4.42% 12/20/2032 -0.01%CURRENCY CONTRACT - CAD 12/31/1899 -0.01%PAYB CSWAP 3.45 3/24/2017 -0.01%CURRENCY CONTRACT - RUB 12/31/1899 -0.01%POLISH ZLOTY 12/31/1899 -0.01%PAYB IFS 2.8825 7/15/2024 -0.01%PAYB CSWAP 4.50 6/08/2015 -0.01%PAYB OIS 5.24 2/27/2024 -0.01%PAYB CSWAP 12.4.14 12/04/2014 -0.01%PAYB CSWAP 0.00 1/25/2015 -0.02%PAYB CSWAP 0.00 9/26/2015 -0.02%PAYB CSWAP 0.00 5/02/2015 -0.02%PAYB RECFIX 3.79% 9.25.22 9/25/2022 -0.02%PAYB OIS SWP 11/19/2018 -0.02%PAYB OIS SWP 11/20/2018 -0.02%PAYB PAYFLTR 8.97 9/03/2033 -0.02%PAYB RECFIX4.42% 12/19/2032 -0.02%PAYB CSWAP 0.00 10/02/2014 -0.02%PAYB CSWAP 0.00 10/12/2016 -0.02%CURRENCY CONTRACT - USD 12/31/1899 -0.02%PAYB CS EUR 0.00 9/27/2015 -0.02%PAYB RCFIX 4.6675 8/13/2023 -0.02%PAYB REC FIX4.73 8/13/2023 -0.02%PAYB RECFIX 4.16 8/13/2018 -0.03%PAYB REC FIX4.22 8/13/2018 -0.03%PAYB CSWAP 0.00 9/28/2017 -0.03%PAYB CSWAP 0.00 12/18/2015 -0.03%PAYB CSWAP 0.00 12/14/2015 -0.03%PAYB CSWAP 0.00 10/11/2014 -0.03%PAYB RECFIX 3.81 3/26/2017 -0.03%PAYB IFS 2.89 7/15/2024 -0.03%PAYB RCFIX 4.1425 8/12/2018 -0.03%PAYB RCFIX 4.6475 8/12/2023 -0.03%PAYB CSWAP 4.25 7/14/2017 -0.04%PAYB CSWAP 0.00 12/17/2015 -0.04%PAYB RECFIX 7.25 5/17/2023 -0.05%PAYB REC FIX 7.25 5/20/2023 -0.05%Security% of PortfolioPAYB OIS SWAP 0.00 1/01/2017 -0.05%CDS: BUY(CDX)1% 6/20/2018 -0.05%PAYB RECFIX 2.2% 12/13/2027 -0.05%PAYB PYFLTR 6.54 10/20/2023 -0.05%PAYB CSWAP 7.7 7/22/2018 -0.05%PAYB CSWAP 0.00 10/17/2014 -0.05%PAYB PAYFIX 2.06 12/13/2027 -0.05%PAYB CSWAP 7.71 7/23/2018 -0.06%PAYB CSWAP 12/19/2015 -0.06%PAYB RECFIX 0% OIS 1/01/2017 -0.06%PAYB CSWAP 0.00 10/18/2014 -0.07%PAYB OIS SWAP 1/01/2021 -0.07%PAYB CSWAP 0.00 1/17/2015 -0.09%CDS: BUY(CDX) 1% 6/20/2018 -0.09%USD 1% 6/20/2018 -0.09%PAYB CSWAP 0.00 10/19/2014 -0.10%PAYB RECFIX 6.02% 6/20/2018 -0.10%PAYB PYFLTR 5.41 11/09/2018 -0.10%CDS CME 1% 6/20/2019 -0.10%PAYB PYFIX .98899 5/17/2018 -0.11%PAYB RECFIX 7.42% 6/25/2018 -0.11%PAYB CSWAP 0.00 12/20/2015 -0.11%PAYB CSWAP JPY 5/14/2017 -0.11%PAYB REC FIX5.1% 4/28/2023 -0.13%PAYB CSWAP 0.00 1.25.15 1/25/2015 -0.16%PAYB CSWAP 0.00 1/04/2016 -0.17%PAYB PYFLTR 3.736 6/28/2018 -0.18%PAYB PYFIX 1.334 11/15/2019 -0.21%US LONG BOND 9/19/2014 -0.21%PAYB PYFLTR 2.16 11/20/2018 -0.22%PAYB OIS SWP 1/02/2017 -0.29%PAYB CSWAP 0.00 1/25/2015 -0.34%PAYB CSWAP 0.00 1/25/2015 -0.40%PAYB CSWAP 8.69 9/09/2015 -0.41%US ULTRA BOND FUT 9/19/2014 -1.85%PAYB IRS CHF -.005 7/31/2015 -2.26%US 10YR NOTE FUT 9/19/2014 -2.44%US 2YR NOTE FUT 9/30/2014 -3.57%PAYB FRA SWP 8/18/2014 -3.93%PAYB FRA SWP 8/18/2014 -3.94%AST Portfolio Holdings447 of 635

AST Prudential Core Bond PortfolioSecurity% of PortfolioUS 5YR NOTE(CBT) 9/30/2014 20.34%PRUDENTIAL CORE INVESTMNT 12/31/2049 11.08%RECV FRA SWP 8/18/2014 3.94%RECV FRA SWP 8/18/2014 3.93%RECV IRS CHF -.005 7/31/2015 2.26%FNCL 3.5 8/13/2042 1.96%US TREASURY N/B 1.5 5/31/2019 1.79%FNCL 4 9/14/2039 1.66%US TREASURY N/ 3.625 2/15/2044 1.54%FNCL 4.5 9/01/2033 1.45%FNCL 3.5 9/15/2041 1.15%FN AB6229 3.5 9/01/2042 0.85%G2SF 4 9/21/2039 0.80%US TREASURY N/ 1.375 6/30/2018 0.59%G2SF 4 8/20/2042 0.57%VERIZON COMM IN 6.55 9/15/2043 0.57%UNITED MEXICAN 2.75 4/22/2023 0.54%US TREASURY N/ 1.25 11/30/2018 0.53%WBCMT 2007-C34 A1A 5/15/2046 0.49%STRIPS 0 8/15/2021 0.48%FREDDIE MAC 1.75 5/30/2019 0.47%MLCFC 2006-4 A3 12/12/2049 0.42%SHSQR 2013-1A A1 4/15/2025 0.41%SAIL 2004-1 A3 2/25/2034 0.40%RECV CSWAP 0.00 1/25/2015 0.40%RECV CSWAP 8.69 9/09/2015 0.39%FNCL 5.5 9/01/2035 0.38%US TREASURY N/B 3.5 2/15/2018 0.37%FANNIE MAE 1.75 6/20/2019 0.37%STRIPS 0 5/15/2026 0.37%COMM 2014-UBS4 A3 8/10/2047 0.36%COMM 2013-CR12 A2 10/10/2046 0.36%FG C03520 4 9/01/2040 0.36%WFRBS 2014-LC14 A2 3/15/2047 0.35%FREDDIE MAC 2.375 1/13/2022 0.35%MORGAN STANLEY 5.5 7/28/2021 0.34%FLAGS 2013-7A A1 1/20/2026 0.34%RECV CSWAP 0.00 1/25/2015 0.33%PORTUGUESE OT'S 4.75 6/14/2019 0.33%MORGAN STANLEY 5.625 9/23/2019 0.33%JPMCC 2013-C10 A4 12/15/2047 0.32%DISCOVER BANK 2 2/21/2018 0.32%ACASC 2013-1A A 4/20/2025 0.32%BTPS 6.5 11/01/2027 0.31%WFCM 2014-LC16 A4 8/15/2050 0.31%FN AS1075 3 11/01/2043 0.30%UBSBB 2013-C5 A3 3/10/2046 0.30%CITIGROUP INC 8.5 5/22/2019 0.30%REGT3 2014-1A A1A 4/15/2026 0.30%GOLDMAN SACHS G 5.25 7/27/2021 0.30%BANK OF AMER CRP 5.7 1/24/2022 0.29%FNCI 3 8/01/2026 0.29%MAGNE 2012-6A A 9/15/2023 0.29%ANCHC 2013-1A A1 7/13/2025 0.29%Security% of PortfolioCOMM 2013-CR7 A3 3/10/2046 0.28%RECV OIS SWP 1/02/2017 0.28%BSP 2013-IIA A1 7/15/2024 0.28%UBSBB 2013-C6 A3 4/10/2046 0.27%TPCLO 2013-1A A1 7/15/2025 0.27%WBCMT 2006-C28 A4 10/15/2048 0.27%BSMC 2013-1A A1 4/17/2025 0.27%ANCHC 2014-3A A1 4/28/2026 0.27%WBCMT 2006-C27 A3 7/15/2045 0.27%REPUBLIC OF PER 7.5 10/14/2014 0.26%SAIL 2004-6 A3 7/25/2034 0.26%AMERICAN EXPRE 2.65 12/02/2022 0.25%BACM 2006-2 A4 5/10/2045 0.25%GOLDMAN SACHS GP 6 6/15/2020 0.25%JPMCC 2007-LD12 A4 2/15/2051 0.24%SPAIN 4 3/06/2018 0.24%G2 4696 4.5 5/20/2040 0.24%HELLENIC REPUB 3.8 8/08/2017 0.24%JPMBB 2014-C21 A4 8/15/2047 0.24%RECV PYFLTR 2.16 11/20/2018 0.24%FIFTH THIRD BAN 1.45 2/28/2018 0.24%FHMS K033 A2 7/25/2023 0.23%CCCIT 2005-C2 C2 3/24/2017 0.23%HSBC HLDGS PLC 6.5 5/02/2036 0.23%DCP MIDSTREAM 5.35 3/15/2020 0.23%CGCMT 2014-GC21 A4 5/10/2047 0.23%BRAZIL REP OF 11 6/26/2017 0.23%OCP 2012-2A A2 11/22/2023 0.22%CGCMT 2007-C6 A4 12/10/2049 0.22%AMER INTL GROUP 8.25 8/15/2018 0.22%MSBAM 2013-C7 A3 2/15/2046 0.22%RECV PYFIX 1.334 11/15/2019 0.22%AMER INTL GROUP 6.4 12/15/2020 0.21%KOMMUNALBANKEN 1.125 5/23/2018 0.21%GSMS 2006-GG6 A4 4/10/2038 0.21%GOLDMAN SACHS G 5.75 1/24/2022 0.21%FN AH1508 4.5 12/01/2040 0.21%FORD MOTOR CRE 2.375 1/16/2018 0.21%GEN ELEC CAP C 6.875 1/10/2039 0.21%BANK OF AMER C 5.875 1/05/2021 0.21%JPMORGAN CHASE 4.5 1/24/2022 0.21%JPMORGAN CHASE 3.25 9/23/2022 0.21%WBCMT 2007-C31 A4 4/15/2047 0.21%FANNIE MAE 0.875 2/08/2018 0.21%UNITED MEXICAN 4.25 7/14/2017 0.21%BANK OF AMER CRP 2.6 1/15/2019 0.21%CD 2006-CD3 A5 10/15/2048 0.20%PIONEER NATURAL 7.5 1/15/2020 0.20%PETROLEOS MEXICA 5.5 1/21/2021 0.20%AVOCE 2014-1A A1A 7/15/2026 0.20%CGCMT 2013-GC11 A3 4/10/2046 0.20%FREDDIE MAC 1 7/28/2017 0.20%RECV PYFLTR 3.736 6/28/2018 0.20%GALXY 20A A 10/15/2026 0.19%AST Portfolio Holdings448 of 635

AST Prudential Core Bond Portfolio (continued)Security% of PortfolioAMXCA 2012-4 C 5/15/2020 0.19%G2 4883 4.5 12/20/2040 0.19%BAY AREA TOLL- 6.263 4/01/2049 0.19%WBCMT 2006-C28 A1A 10/15/2048 0.19%BACM 2006-3 A4 7/10/2044 0.19%CSFB 2005-C2 A4 4/15/2037 0.19%BULGARIA REP 8.25 1/15/2015 0.19%BANK OF AMER CRP 5 5/13/2021 0.18%MAGNE 2014-8A A 4/15/2026 0.18%AIMCO 2014-AA A 7/20/2026 0.18%MAJAPAHIT HOLD 7.75 10/17/2016 0.18%FNCL 3 9/13/2042 0.18%WBCMT 2007-C33 A4 2/15/2051 0.18%FNCL 5 9/01/2035 0.18%FN 932807 4 9/01/2040 0.17%OOMLT 2004-1 M1 1/25/2034 0.17%INGIM 2013-1A A1 4/15/2024 0.17%WBCMT 2006-C29 A4 11/15/2048 0.17%CGMS 2014-3A A1A 7/27/2026 0.17%VERIZON COMM INC 6.4 9/15/2033 0.17%JPMORGAN CHASE 6.3 4/23/2019 0.17%MAGNE 2014-9A A1 7/25/2026 0.17%BATLN 2013-4A A1 10/22/2025 0.17%FG Q02258 4.5 7/01/2041 0.17%IMP TOBACCO FIN 2.05 2/11/2018 0.17%MSBAM 2013-C9 A3 5/15/2046 0.17%AMGEN INC 5.375 5/15/2043 0.17%FGLMC 4 9/15/2040 0.17%US TREASURY N/ 1.625 6/30/2019 0.17%OHAIN 2011-1AR AR 4/20/2021 0.17%RECV CSWAP 0.00 1/04/2016 0.16%FN AL1472 4.5 5/01/2039 0.16%BATLN 2014-5A A1 4/17/2026 0.16%WELLS FARGO CO 4.6 4/01/2021 0.16%RECV CSWAP 0.00 1.25.15 1/25/2015 0.16%WFCM 2013-LC12 A3 7/15/2046 0.16%LLOYDS BANK PLC 5.8 1/13/2020 0.16%GAZPROM 9.25 4/23/2019 0.16%CDP FINANCIAL 3.15 7/24/2024 0.16%KAZMUNAYGAS NA 9.125 7/02/2018 0.15%FG A95960 4 12/01/2040 0.15%PNC BANK NA 2.95 1/30/2023 0.15%GMACC 2006-C1 A4 11/10/2045 0.15%SUMITOMO MITSUI 3 1/18/2023 0.15%US TREASURY N/B 1.5 6/30/2016 0.15%FN AP4539 3.5 9/01/2042 0.15%FHMS K029 A2 2/25/2023 0.15%FHMS K029 A2 2/25/2023 0.15%CITIGROUP INC 6.125 5/15/2018 0.15%CAPITAL ONE BA 3.375 2/15/2023 0.15%LIMITED BRANDS 5.625 2/15/2022 0.15%WAMI 2014-1A A1 4/20/2026 0.15%FG A94997 4 11/01/2040 0.15%ROYAL BK SCOTL 6.125 1/11/2021 0.15%Security% of PortfolioJPMORGAN CHASE 4.25 10/15/2020 0.14%MSAC 2004-HE3 M1 3/25/2034 0.14%FG J28202 3 5/01/2029 0.14%JPMORGAN CHASE 4.35 8/15/2021 0.14%AVAGO TECH BK LN 5/06/2021 0.14%INTL PAPER CO 6 11/15/2041 0.14%GENERAL MOTORS 6.25 10/02/2043 0.13%TIME WARNER INC 6.25 3/29/2041 0.13%STRIPS 0 5/15/2022 0.13%KVK 2014-2A A 4/15/2026 0.13%BSCMS 2007-PW18 AAB 6/11/2050 0.13%JPMCC 2012-CBX A3 6/15/2045 0.13%GOLDMAN SACHS 6.75 10/01/2037 0.13%REP OF KOREA 7.125 4/16/2019 0.13%CMLTI 2004-OPT1 M1 10/25/2034 0.13%SABR 2004-OP1 M1 2/25/2034 0.13%NYC MUN WTR FI 5.882 6/15/2044 0.13%ABSHE 2004-HE2 M1 4/25/2034 0.13%ALTRIA GROUP INC 4 1/31/2024 0.12%KVK 2014-1A A1 5/15/2026 0.12%WBCMT 2007-C32 A1A 6/15/2049 0.12%GEN ELEC CAP C 5.875 1/14/2038 0.12%CIGNA CORP 5.375 2/15/2042 0.12%ARES 2013-1A A 4/15/2025 0.12%PORTUGAL (REP) 3.5 3/25/2015 0.12%MSBAM 2013-C11 A3 8/15/2046 0.12%WELLS FARGO CO 4.125 8/15/2023 0.12%LINCOLN NATL CR 6.3 10/09/2037 0.12%BACM 2007-2 A1A 4/10/2049 0.12%PENSKE TRUCK LE 2.5 3/15/2016 0.12%SNDPT 2012-1A B 10/20/2026 0.12%CDW LLC-CALL MULTI 12/15/2018 0.12%US TREASURY N/B 2.5 5/15/2024 0.12%RECV CSWAP JPY 5/14/2017 0.12%CONTL AIRLINES 4.15 4/11/2024 0.12%XSTRATA FIN C MULTI 10/25/2017 0.12%RECV REC FIX5.1% 4/28/2023 0.12%CWCI 2006-C1 A4 8/15/2048 0.11%ALLIED WORLD 5.5 11/15/2020 0.11%TURKEY REP OF 7 6/05/2020 0.11%BACM 2006-1 A1A 9/10/2045 0.11%PACIFIC RUBIAL 5.375 1/26/2019 0.11%AT&T INC 5.35 9/01/2040 0.11%INTESA SANPAOL 3.125 1/15/2016 0.11%RECV RECFIX 6.02% 6/20/2018 0.11%PLMRS 2014-1A A2 10/17/2022 0.11%RECV CSWAP 0.00 12/20/2015 0.11%FG A95831 4.5 12/01/2040 0.11%NOBLE ENERGY INC 6 3/01/2041 0.11%DAIMLER FINANC 2.375 8/01/2018 0.11%MSBAM 2013-C8 A3 12/15/2048 0.11%VIRGIN MEDIA SEC 6 4/15/2021 0.11%INDONESIA (REP) 3.75 4/25/2022 0.11%WBCMT 2005-C22 A4 12/15/2044 0.11%AST Portfolio Holdings449 of 635

AST Prudential Core Bond Portfolio (continued)Security% of PortfolioRECV PYFIX .98899 5/17/2018 0.11%CANADIAN PAC RR 4.5 1/15/2022 0.11%WINDR 2014-1A B2 4/18/2026 0.11%AETNA INC 2.75 11/15/2022 0.11%BMI 2013-1AR A1R 8/01/2021 0.11%BELGIUM KINGDO 2.875 9/15/2014 0.11%JPMORGAN CHASE 7.9 4/29/2049 0.11%MOSAIC CO 5.625 11/15/2043 0.11%JPMCC 2012-LC9 A4 12/15/2047 0.11%FOREST LABORAT 4.875 2/15/2021 0.11%RECV PYFLTR 5.41 11/09/2018 0.11%XSTRATA FIN C MULTI 10/23/2015 0.11%SCANDLINES BK LN 12/03/2020 0.11%KOREA HYDRO & NU 3 9/19/2022 0.11%RECV RECFIX 7.42% 6/25/2018 0.11%GEORGIA-PACIF 7.375 12/01/2025 0.11%HUNTINGTON BANCS 2.6 8/02/2018 0.11%WELLPOINT INC 4.65 1/15/2043 0.11%SHACK 2013-3A B2 4/15/2025 0.11%CAMERON INTERNA 5.95 6/01/2041 0.11%CWL 2004-BC1 M1 2/25/2034 0.11%CITIGROUP INC 3.375 3/01/2023 0.10%RUSSIA-EUROBON MULTI 3/31/2030 0.10%ARCELORMITTAL MULTI 8/05/2015 0.10%DOW CHEMICAL CO 3 11/15/2022 0.10%CASE NEW HOLL 7.875 12/01/2017 0.10%CABLEVISION SY 8.625 9/15/2017 0.10%CITIGROUP INC 3.875 10/25/2023 0.10%FIRST DATA COR MULTI 1/15/2021 0.10%RELIANCE HDG USA 5.4 2/14/2022 0.10%CA TXB-VAR PURP 7.5 4/01/2034 0.10%VERIZON COMM IN 7.35 4/01/2039 0.10%G2 4946 4.5 2/20/2041 0.10%FREDDIE MAC 0.875 3/07/2018 0.10%HUNGARY 4.125 2/19/2018 0.10%HCA INC 8 10/01/2018 0.10%METLIFE INC 5.7 6/15/2035 0.10%ANCHC 2013-1A A2B 7/13/2025 0.10%FN AB2801 3.5 4/01/2026 0.10%TEVA PHA FIN B 3.65 11/10/2021 0.10%FORD MOTOR CO 4.75 1/15/2043 0.10%OHIO ST UNIV-A-T 4.8 6/01/2111 0.10%PINNACLE ENTER 6.375 8/01/2021 0.10%BERKSHIRE HATHWY 4.5 2/11/2043 0.10%PSALM 7.39 12/02/2024 0.10%CIT GROUP INC 5 5/15/2017 0.10%COMM 2013-CR10 A3 8/10/2046 0.10%RECV CSWAP 0.00 10/19/2014 0.10%NXP BV/NXP FUND 5.75 2/15/2021 0.09%INGIM 2013-2A A1 4/25/2025 0.09%DOW CHEMICAL C 5.25 11/15/2041 0.09%BELGIUM KINGDOM 2.75 3/05/2015 0.09%MABS 2005-NC1 M1 12/25/2034 0.09%BANK OF AMER 5.125 12/29/2049 0.09%Security% of PortfolioFORD MOTOR CRED 2.75 5/15/2015 0.09%FG G08563 4 1/01/2044 0.09%SLM CORP 3.875 9/10/2015 0.09%JPMORGAN CHASE 5.625 8/16/2043 0.09%TURK EXIMBANK 5.375 11/04/2016 0.09%ARES 20A A1 8/28/2025 0.09%CAPITAL ONE FIN 3.75 4/24/2024 0.09%MABS 2004-HE1 M2 9/25/2034 0.09%KERR-MCGEE CORP 6.95 7/01/2024 0.09%ARES 20A A2 8/28/2025 0.09%COLOMBIA REP O 7.375 9/18/2037 0.09%HEAT 2005-9 2A4 4/25/2036 0.09%COMM 2013-CR6 A2 3/10/2046 0.09%RBS WRLD BK LN 11/30/2019 0.09%FN AB5219 3.5 5/01/2042 0.09%TEACHERS INS&A 6.85 12/16/2039 0.09%UNITED RENTAL 7.625 4/15/2022 0.09%PUGET SOUND E 4.434 11/15/2041 0.09%BACM 2007-5 A1A 2/10/2051 0.09%RECV CSWAP 0.00 1/17/2015 0.09%EMBARQ CORP 7.995 6/01/2036 0.09%FG G08567 4 1/01/2044 0.09%LLOYDS BANK PL 6.375 1/21/2021 0.09%GENERAL MOTOR 4.875 10/02/2023 0.09%BHP FINANCE USA 5 9/30/2043 0.09%BELGIUM KINGDO 0.875 9/14/2015 0.09%INTERACTIV BK LN 5/03/2021 0.09%CHICAGO ARPT-B 6.395 1/01/2040 0.09%LBUBS 2005-C7 AM 11/15/2040 0.08%PAC LIFE INSUR 9.25 6/15/2039 0.08%HOME DEPOT INC 4.4 3/15/2045 0.08%WBCMT 2005-C20 AMFX 7/15/2042 0.08%ABSHE 2004-HE5 M1 8/25/2034 0.08%CHOICE HOTELS 5.75 7/01/2022 0.08%INDONESIA (REP 2.875 7/08/2021 0.08%ROMANIA 4.875 1/22/2024 0.08%MSAC 2004-HE4 M1 5/25/2034 0.08%VIDEOTRON LTD 5 7/15/2022 0.08%DAIMLER FINANCE 2.95 1/11/2017 0.08%SASOL FINANCING 4.5 11/14/2022 0.08%UNITED TECH CORP 4.5 6/01/2042 0.08%UNITEDHEALTH 4.625 11/15/2041 0.08%ING BANK NV 2 9/25/2015 0.08%HFCHC 2006-1 A2 1/20/2036 0.08%PEOPLE'S UNITE 3.65 12/06/2022 0.08%DIRECTV HLDGS/F 5.15 3/15/2042 0.08%FANNIE MAE 1.25 1/30/2017 0.08%G2 4945 4 2/20/2041 0.08%OZLMF 2013-4A A1 7/22/2025 0.08%ORACLE CORP 4.3 7/08/2034 0.08%DUKE ENERGY FI 6.45 11/03/2036 0.08%HEAT 2003-6 M1 2/25/2034 0.08%RECV OIS SWAP 1/01/2021 0.08%ALLIANCE BK LN 7/09/2017 0.08%AST Portfolio Holdings450 of 635

AST Prudential Core Bond Portfolio (continued)Security% of PortfolioHFCHC 2007-2 M1 7/20/2036 0.08%CITIGROUP INC 8.125 7/15/2039 0.08%OGF SA BK LN 10/30/2020 0.08%CGCMT 2008-C7 A4 12/10/2049 0.08%ABSHE 2004-HE3 M1 6/25/2034 0.08%PETROLEOS MEXICA 5.5 6/27/2044 0.08%FMG RES 6 4/01/2017 0.07%BSABS 2005-SD3 1A 7/25/2035 0.07%PACIFIC GAS&ELE 4.5 12/15/2041 0.07%MABS 2004-WMC2 M1 4/25/2034 0.07%KOREA GAS CORP 4.25 11/02/2020 0.07%G2 4746 4.5 7/20/2040 0.07%JBS USA LLC/JBS 7.25 6/01/2021 0.07%UPCB FIN III 6.625 7/01/2020 0.07%COMCAST CORP 6.45 3/15/2037 0.07%SPRINT NEXTEL 7 8/15/2020 0.07%GRIFOLS BK LN 2/26/2021 0.07%ODEBRECHT FINA 7.125 6/26/2042 0.07%GAZPROM 6.51 3/07/2022 0.07%BRITISH TEL P MULTI 12/15/2030 0.07%NOMURA HOLDINGS 2 9/13/2016 0.07%LIGHP 2006-1A A 1/31/2022 0.07%ANCHC 2014-3A A2A 4/28/2026 0.07%CHS/COMMUNITY 5.125 8/15/2018 0.07%CELANESE US H 6.625 10/15/2018 0.07%CVS CAREMARK 6.25 6/01/2027 0.07%WELLS FARGO CO 5.606 1/15/2044 0.07%LLOYDS BANK PLC 4.2 3/28/2017 0.07%AMC NETWORKS IN 7.75 7/15/2021 0.07%BSABS 2006-SD2 A1 6/25/2036 0.07%MALLINCKRODT BK L 3/19/2021 0.07%CSMC 2006-C1 AM 2/15/2039 0.07%CONCHO RES/MIDLA 5.5 4/01/2023 0.07%CA TXB-VAR PURP 5.95 4/01/2016 0.07%MORGAN STANLEY 5.45 12/31/2049 0.07%VIRGIN BK LN 6/08/2020 0.07%FRASR 2006-1A B 3/15/2020 0.07%AETNA INC 6.75 12/15/2037 0.07%CITIGROUP INC 6.675 9/13/2043 0.07%SOUTHERN COPPER 7.5 7/27/2035 0.07%UBSBB 2012-C4 A4 12/10/2045 0.07%INTL PAPER CO 7.95 6/15/2018 0.07%BALL CORP 4 11/15/2023 0.07%EMLT 2004-3 M2 12/25/2034 0.07%FN AO2975 3.5 5/01/2042 0.07%DEVON ENERGY 7.95 4/15/2032 0.07%FN AS0516 3 9/01/2043 0.07%PANAMA 5.2 1/30/2020 0.07%BSABS 2004-HE5 M1 7/25/2034 0.07%FN AB5179 3.5 5/01/2042 0.07%QATAR STATE OF 5.75 1/20/2042 0.07%SVOVM 2012-AA A 9/20/2029 0.07%BELGIUM KINGD 8.875 12/01/2024 0.07%KOREA HYDRO & N 4.75 7/13/2021 0.07%Security% of PortfolioREYNOLDS AMERIC 6.75 6/15/2017 0.06%BRAZIL REP OF 7.125 1/20/2037 0.06%SALT RVR PROJ 4.839 1/01/2041 0.06%SOUTH AFRICA 4.5 4/05/2016 0.06%DELTA AIR 2011-1 5.3 4/15/2019 0.06%COMMONWEALTH ED 6.45 1/15/2038 0.06%FIRST DATA BK LN 9/24/2018 0.06%RECV CSWAP 0.00 10/18/2014 0.06%FIRSTENERGY C 7.375 11/15/2031 0.06%PUB SVC EL & GA 3.65 9/01/2042 0.06%G2 4833 4 10/20/2040 0.06%MD TRN AUTH 5.888 7/01/2043 0.06%BACM 2006-6 A4 10/10/2045 0.06%PHILIPPINES(REP 6.25 3/15/2016 0.06%G2 4616 4 1/20/2040 0.06%BSABS 2004-FR2 M2 6/25/2034 0.06%CITIGROUP INC 6.125 8/25/2036 0.06%NABORS INDS IN 4.625 9/15/2021 0.06%ERAC USA FINANCE 7 10/15/2037 0.06%PNC BANK NA 4.2 11/01/2025 0.06%ANADARKO PETRO 0 10/10/2036 0.06%RECV CSWAP 12/19/2015 0.06%GOLDMAN SACHS GP 4.8 7/08/2044 0.06%PETROLEOS MEXI 4.875 1/24/2022 0.06%BRAZIL REP OF 5.625 1/07/2041 0.06%MSC 2006-IQ11 A4 10/15/2042 0.06%BERAU CAP RESOU 12.5 7/08/2015 0.06%QWEST CORP 7.5 10/01/2014 0.06%ITALY GOV'T INT 3.45 3/24/2017 0.06%HELLENIC REPUBL 4.75 4/17/2019 0.06%DANA HOLDING 6.5 2/15/2019 0.06%VALEANT PHARM 6.875 12/01/2018 0.06%STARZ LLC/FIN CO 5 9/15/2019 0.06%CENOVUS ENERGY 6.75 11/15/2039 0.06%REPUBLIC OF 4.875 5/05/2021 0.06%MGM RESORT BK LN 12/20/2017 0.06%GAZPROM 8.625 4/28/2034 0.06%ECHOSTAR DBS 6.625 10/01/2014 0.06%ST BK INDIA/LON 4.5 11/30/2015 0.06%COM FED ELECTR 4.875 1/15/2024 0.06%NISOURCE FIN CP 4.8 2/15/2044 0.06%RECV RECFIX 0% OIS 1/01/2017 0.06%ACTUANT CORP 5.625 6/15/2022 0.06%NJ TPK-TXB-A-B 7.102 1/01/2041 0.06%PETROBRAS INTL 5.375 1/27/2021 0.06%ARAMARK SERV IN 5.75 3/15/2020 0.06%PERU ENHANCED 0 5/31/2018 0.06%TURKEY REP OF 5.75 3/22/2024 0.06%MRNPK 2012-1A A1A 5/18/2023 0.06%HSBC HOLDINGS 4 3/30/2022 0.06%WELLS FARGO CO 2.1 5/08/2017 0.06%GCCFC 2005-GG3 AJ 8/10/2042 0.06%HUNGARY 6.375 3/29/2021 0.06%RECV PYFLTR 6.54 10/20/2023 0.06%AST Portfolio Holdings451 of 635

AST Prudential Core Bond Portfolio (continued)Security% of PortfolioCHUBB CORP 6 5/11/2037 0.06%DISCOVER FIN S 3.85 11/21/2022 0.05%LIBERTY MUTUAL 6.5 5/01/2042 0.05%AT&T INC 4.8 6/15/2044 0.05%GN 799799 3.5 3/15/2042 0.05%UNITEDHEALTH G 3.95 10/15/2042 0.05%RUTGERS UNV-TX 5.665 5/01/2040 0.05%ALTRIA GROUP IN 10.2 2/06/2039 0.05%COVANTA HOLDIN 7.25 12/01/2020 0.05%CWL 2004-BC4 M1 11/25/2034 0.05%KAZMUNAYGAS NAT 5.75 4/30/2043 0.05%CENOVUS ENERGY 4.45 9/15/2042 0.05%HARVARD UNIV 4.875 10/15/2040 0.05%CVS CAREMARK 6.125 9/15/2039 0.05%TURKEY REP OF 6.75 4/03/2018 0.05%SLOVENIA 4.75 5/10/2018 0.05%TRANS UNION BK LN 4/09/2021 0.05%CF INDUSTRIES 5.375 3/15/2044 0.05%COLOMBIA REP O 5.625 2/26/2044 0.05%JEFFERIES GROUP 6.5 1/20/2043 0.05%UNITED MEXICAN 4.75 3/08/2044 0.05%CAPITAL ONE FIN 4.75 7/15/2021 0.05%FHMS K020 X1 5/25/2022 0.05%FHMS K020 X1 5/25/2022 0.05%BANK OF AMER C 7.625 6/01/2019 0.05%WILLIAMS PARTNER 4 11/15/2021 0.05%ARSI 2003-W10 M1 1/25/2034 0.05%SPX CORP 6.875 9/01/2017 0.05%CONSTELLATION B 7.25 9/01/2016 0.05%CITIGROUP INC 5.3 5/06/2044 0.05%BE AEROSPACE 5.25 4/01/2022 0.05%MLMT 2006-C1 AM 5/12/2039 0.05%SNDPT 2012-1A B 10/20/2023 0.05%RECV CSWAP 0.00 10/17/2014 0.05%MARRIOTT INTL 3.25 9/15/2022 0.05%PENSKE TRUCK L 2.875 7/17/2018 0.05%HCA INC 5.875 3/15/2022 0.05%KOREA DEV BANK 3.5 8/22/2017 0.05%RECV PAYFIX 2.06 12/13/2027 0.05%MASS MUTUAL L 5.375 12/01/2041 0.05%XYLEM INC 4.875 10/01/2021 0.05%WESTERN GAS PAR 5.45 4/01/2044 0.05%NOBLE ENERGY I 4.15 12/15/2021 0.05%ACE 2004-OP1 M1 4/25/2034 0.05%STRIP PRINC 0 2/15/2044 0.05%SK TELECOM CO 2.125 5/01/2018 0.05%CERAMTEC BK LN 8/31/2020 0.05%SPRINT NEXTEL 6 12/01/2016 0.05%UNITED MEXICAN 6.75 2/06/2024 0.05%US BANCORP 2.95 7/15/2022 0.05%JABIL CIRCUIT 4.7 9/15/2022 0.05%FHMS K025 X1 10/25/2022 0.05%FHMS K036 X1 10/25/2023 0.05%SMLF 2012-1A B 8/17/2022 0.05%Security% of PortfolioBATLN 2014-5A A2A 4/17/2026 0.05%BATLN 2014-5A A2B 4/17/2026 0.05%SCHAEFFLER BK LN 5/15/2020 0.05%WAMI 2014-1A B2 4/20/2026 0.05%AMERICA MOVIL 6.125 3/30/2040 0.05%CEQUEL BK LN 2/14/2019 0.05%PORT AUTH-174 4.458 10/01/2062 0.05%ARAMARK BK LN 9/07/2019 0.05%AMER INTL GROUP 5.45 5/18/2017 0.05%HSBC USA INC 2.375 2/13/2015 0.04%KVK 2014-2A B 4/15/2026 0.04%ANADARKO PETRO 6.45 9/15/2036 0.04%SRFC 2012-3A A 8/20/2029 0.04%RUSSIA-EUROBON MULTI 3/31/2030 0.04%AXIS SPECLTY F 5.875 6/01/2020 0.04%REPUBLIC OF G 5.8 7/14/2015 0.04%ENTERPRISE PROD 5.95 2/01/2041 0.04%STEEL DYNAMICS 7.625 3/15/2020 0.04%COMM 2012-CR5 A3 12/10/2045 0.04%WYNDHAM WORLDWI 4.25 3/01/2022 0.04%SANTANDER HOLD 3 9/24/2015 0.04%PEOPLES UNITED 4 7/15/2024 0.04%TEREX CORP 6.5 4/01/2020 0.04%PETROLEOS MEXICA 3.5 1/30/2023 0.04%RECV CSWAP 7.71 7/23/2018 0.04%CNOOC FIN 2013 L 3 5/09/2023 0.04%L A WTR & PWR- 5.716 7/01/2039 0.04%FG G07129 3.5 9/01/2042 0.04%ENDURANCE SPECIA 7 7/15/2034 0.04%MAJAPAHIT HOLD 7.75 10/17/2016 0.04%SAIL 2004-7 A7 8/25/2034 0.04%UNIVERSAL BK LN 8/15/2016 0.04%MOHAWK INDUST 3.85 2/01/2023 0.04%TRANSOCEAN INC 2.5 10/15/2017 0.04%INDONESIA (REP 6.875 1/17/2018 0.04%RPI FIN TR BK LN 11/09/2018 0.04%RECV RECFIX 2.2% 12/13/2027 0.04%XSTRATA FIN CA 2.85 11/10/2014 0.04%AMSI 2003-1 M1 2/25/2033 0.04%RECV CSWAP 7.7 7/22/2018 0.04%CWL 2004-SD1 A1 6/25/2033 0.04%CALPINE BK LN 10/09/2019 0.04%JPMCC 2005-LDP5 A3 12/15/2044 0.04%FREESCALE BK LN 2/28/2020 0.04%HOLOGIC BK LN 8/01/2017 0.04%ODEBRECHT FINAN 5.25 6/27/2029 0.04%RECV OIS SWAP 0.00 1/01/2017 0.04%MIH BV 6 7/18/2020 0.04%LORILLARD TOBACC 7 8/04/2041 0.04%SOUTHERN COPPER 6.75 4/16/2040 0.04%GNSF 4.5 9/22/2033 0.04%FN AL1762 3 5/01/2027 0.04%RECV CSWAP 0.00 12/17/2015 0.04%CD 2007-CD4 A3 12/11/2049 0.04%AST Portfolio Holdings452 of 635

AST Prudential Core Bond Portfolio (continued)Security% of PortfolioNYC FIN-BABS-T 5.767 8/01/2036 0.04%ECOPETROL SA 5.875 5/28/2045 0.04%MORGAN STANLEY 6.375 7/24/2042 0.04%AMER INTL GROUP 4.5 7/16/2044 0.04%REALTY INCOME 5.5 11/15/2015 0.04%HARTFORD FINL 5.125 4/15/2022 0.04%RECV PYFLTR 4.2475 8/07/2023 0.04%CHS/COMM H BK LN 1/27/2021 0.04%NJ TPK-F-TXB 7.414 1/01/2040 0.04%COMMSCOPE INC 5 6/15/2021 0.04%PIONEER NATURAL 6.65 3/15/2017 0.03%MSAC 2004-HE1 A4 1/25/2034 0.03%PA TPK-BABS-B 5.511 12/01/2045 0.03%ILLINOIS-TXBL 4.421 1/01/2015 0.03%KVK 2014-1A A2 5/15/2026 0.03%COVENTRY HEALTH 6.3 8/15/2014 0.03%US TREASURY N/B 1.5 12/31/2018 0.03%STATOIL ASA 4.25 11/23/2041 0.03%BURLINGTON NOR 4.375 9/01/2042 0.03%RECV RECFIX 7.25 5/17/2023 0.03%RECV REC FIX 7.25 5/20/2023 0.03%RECV RCFIX 4.6475 8/12/2023 0.03%OOMLT 2003-5 A2 8/25/2033 0.03%CENTERPOINT ENE 5.85 1/15/2041 0.03%MOSAIC CO 5.45 11/15/2033 0.03%NEWS AMER INC 6.15 3/01/2037 0.03%RECV IFS 2.89 7/15/2024 0.03%ARSI 2004-W10 A2 10/25/2034 0.03%VIACOM INC 5.85 9/01/2043 0.03%RECV RCFIX 4.1425 8/12/2018 0.03%CHARTER COM BKLN 12/31/2020 0.03%ACTAVIS FUNDING 4.85 6/15/2044 0.03%MLMI 2003-WMC3 M3 6/25/2034 0.03%CDS 5.0% 12.20.16 0.03%CDS 5.0% 12.20.16 12/20/2016 0.03%NORTHWESTERN M 6.063 3/30/2040 0.03%DUKE ENERGY CA 4.25 12/15/2041 0.03%RECV RECFIX 3.81 3/26/2017 0.03%BARCLAYS BK PLC 3.75 5/15/2024 0.03%CD 2007-CD4 A4 12/11/2049 0.03%FHMS K710 X1 5/25/2019 0.03%FHMS K710 X1 5/25/2019 0.03%FLORIDA PWR & 4.125 2/01/2042 0.03%MLMI 2004-WMC3 M2 1/25/2035 0.03%ABSHE 2003-HE7 M1 12/15/2033 0.03%SAN ANTONIO EL 4.427 2/01/2042 0.03%FHMS K008 X1 6/25/2020 0.03%FHMS K008 X1 6/25/2020 0.03%LIFEPOINT BK LN 7/24/2017 0.03%ASTRAZENECA PLC 6.45 9/15/2037 0.03%FHMS K711 X1 7/25/2019 0.03%FHMS K711 X1 7/25/2019 0.03%VTB BANK 6.875 5/29/2018 0.03%BSABS 2003-2 A3 3/25/2043 0.03%Security% of PortfolioSUMITOMO MITSUI 2.45 1/10/2019 0.03%ERAC USA FINANCE 6.7 6/01/2034 0.03%MSDWC 2003-NC1 M1 11/25/2032 0.03%BANK OF AMER CRP 4.1 7/24/2023 0.03%MYLAN INC 1.8 6/24/2016 0.03%RAC PLC BK LN 10/29/2019 0.03%RAC PLC BK LN 10/29/2019 0.03%CO BRDG ENT-T 6.078 12/01/2040 0.03%MINERVA LUX SA 12.25 2/10/2022 0.03%ACASC 2013-1A B2 4/20/2025 0.03%SLOVENIA 4.125 2/18/2019 0.03%TNK-BP FINANCE 6.625 3/20/2017 0.03%RECV CSWAP 0.00 12/18/2015 0.03%RECV CSWAP 0.00 12/14/2015 0.03%FHMS K021 X1 6/25/2022 0.03%FHMS K021 X1 6/25/2022 0.03%CONTL AIRLINES 4 10/29/2024 0.03%RECV CSWAP 0.00 10/11/2014 0.03%ROCK-TENN CO 4.45 3/01/2019 0.03%RECV CSWAP 4.25 7/14/2017 0.03%ITALY GOV'T INT 4.5 6/08/2015 0.03%ACE 2004-IN1 A1 5/25/2034 0.03%ROCK-TENN CO 4 3/01/2023 0.03%RECV CSWAP 0.00 9/28/2017 0.03%ROYAL BK SCOTLN 2.55 9/18/2015 0.03%VEDANTA RESOURCE 6 1/31/2019 0.03%ONEOK PARTNERS 6.2 9/15/2043 0.03%CALPINE CORP 5.75 1/15/2025 0.03%LIBERTY MUTUAL 6.5 3/15/2035 0.03%HELLENIC REPUB 5.8 7/14/2015 0.03%WBCMT 2006-C23 A5 1/15/2045 0.03%LUKOIL INTL FI 7.25 11/05/2019 0.03%ABSHE 2003-HE1 M2 1/15/2033 0.03%SOUTHERN POWER 5.15 9/15/2041 0.03%METLIFE INC MULTI 9/15/2023 0.03%RECV CSWAP 0.00 10/12/2016 0.03%GN AA5453 3.5 7/15/2042 0.03%SAN DIEGO G & 3.95 11/15/2041 0.02%RECV REC FIX4.22 8/13/2018 0.02%RECV REC FIX4.73 8/13/2023 0.02%RECV RECFIX 4.16 8/13/2018 0.02%CALPINE CORP 5.375 1/15/2023 0.02%RECV RCFIX 4.6675 8/13/2023 0.02%ABFC 2004-OPT2 M1 8/25/2033 0.02%LA DEPT WTR & 6.574 7/01/2045 0.02%VIACOM INC 4.875 6/15/2043 0.02%VALEANT PHARMA 6.75 8/15/2018 0.02%ST BK INDIA/LO 4.125 8/01/2017 0.02%GN 796411 3.5 4/15/2043 0.02%FN AU9644 2.5 9/01/2028 0.02%ASHLAND INC 3.875 4/15/2018 0.02%RECV PAYFLTR 8.97 9/03/2033 0.02%RECV RECFIX4.42% 12/19/2032 0.02%ALTRIA GROUP I 9.95 11/10/2038 0.02%AST Portfolio Holdings453 of 635

AST Prudential Core Bond Portfolio (continued)Security% of PortfolioRECV CS EUR 0.00 9/27/2015 0.02%BELGIUM KINGDOM FRN 9/23/2014 0.02%CDS 5.0% 12.20.16 0.02%CDS 5.0% 12.20.16 12/20/2016 0.02%MLCFC 2006-1 AM 2/12/2039 0.02%SHACK 2014-6A B1 7/17/2026 0.02%SASC 2004-7 3A1 5/25/2019 0.02%STRIP PRINC 0 5/15/2044 0.02%HALLIBURTON CO 4.5 11/15/2041 0.02%FN AU3735 3 8/01/2043 0.02%MSC 2007-HQ11 A4 2/12/2044 0.02%AT&T INC 5.55 8/15/2041 0.02%CEN11 20A A1 4/25/2019 0.02%PENSKE TRUCK L 3.125 5/11/2015 0.02%GN 744929 3.5 7/15/2042 0.02%RECV CSWAP 0.00 10/02/2014 0.02%RECV CSWAP 0.00 5/02/2015 0.02%WEATHERFORD BER 5.95 4/15/2042 0.02%GN 798955 3.5 5/15/2042 0.02%CDS 5% 0.02%CDS 5% 12/20/2016 0.02%ONEOK PARTNERS 6.125 2/01/2041 0.02%MONSANTO CO 4.4 7/15/2044 0.02%FIRSTENERGY TRA 5.45 7/15/2044 0.02%RECV OIS SWP 11/19/2018 0.02%GN 783403 3.5 9/15/2041 0.02%KRAFT FOODS GR 6.125 8/23/2018 0.02%RECV OIS SWP 11/20/2018 0.02%VERIZON COMM I 4.75 11/01/2041 0.02%ABFC 2004-OPT5 A1 6/25/2034 0.02%FN AV0802 2.5 8/01/2028 0.02%ROMANIA 5 3/18/2015 0.02%GILEAD SCIENCE 5.65 12/01/2041 0.02%RECV CSWAP 4.50 6/08/2015 0.02%WELLPOINT INC 4.625 5/15/2042 0.02%GEN ELECTRIC CO 4.5 3/11/2044 0.02%FN AU1761 2.5 7/01/2028 0.02%PNC BANK NA 3.8 7/25/2023 0.02%GSMS 2012-GC6 A2 1/10/2045 0.02%MARKEL CORP 5 3/30/2043 0.02%WFMBS 2007-5 1A1 5/25/2037 0.02%CBS CORP 5.9 10/15/2040 0.02%RECV CSWAP 0.00 9/26/2015 0.02%GN 756271 3.5 7/15/2042 0.02%RECV RECFIX 3.79% 9.25.22 9/25/2022 0.02%MONSANTO CO 4.2 7/15/2034 0.02%PEABODY ENERGY 6 11/15/2018 0.02%GN 767100 3.5 12/15/2043 0.02%RECV PAYFLTR 4.28 8/08/2023 0.02%AMERICAN EXPRESS 7 3/19/2018 0.02%RAMC 2003-3 A 12/25/2033 0.02%PAYB USD 1.625 11/30/2018 0.02%RECV USD 1.625 11/30/2018 0.02%OOMLT 2003-3 A4 6/25/2033 0.02%Security% of PortfolioCEDAR FAIR LP/ 5.375 6/01/2024 0.02%HARLEY-DAVIDSON 2.7 3/15/2017 0.02%10Y RTR 2.75 8/15/2014 0.02%SAIL 20 A4 1/25/2035 0.02%RECV PAYFLTR 3.985 9/03/2018 0.02%RECV PAYFLTR 4.231 8/09/2023 0.02%RECV CSWAP 0.00 1/25/2015 0.02%CVS CAREMARK 5.3 12/05/2043 0.01%AERCAP IRELAND C 4.5 5/15/2021 0.01%EXP-IMP BK KOR 5.125 6/29/2020 0.01%MACYS RETAIL H 3.875 1/15/2022 0.01%KOREA DEV BANK 3.875 5/04/2017 0.01%CERAMTECH BK LN 8/30/2020 0.01%PA TPK COMMN 6.105 12/01/2039 0.01%RECV PYFLTR 5.94 9/03/2023 0.01%WPX ENERGY INC 5.25 1/15/2017 0.01%RECV CSWAP 12.4.14 12/04/2014 0.01%FN AT8943 2.5 7/01/2028 0.01%CBASS 2004-CB4 A6 5/25/2035 0.01%SIMON PROP GP 6.125 5/30/2018 0.01%CHS COMM BK LN 1/25/2017 0.01%MSAC 2003-NC6 M1 6/25/2033 0.01%RECV OIS 5.24 2/27/2024 0.01%CEMEX ESPANA L MULTI 4/30/2019 0.01%GN 616913 3.5 2/15/2042 0.01%G2SF 4.5 9/21/2040 0.01%ACE 2003-OP1 M1 12/25/2033 0.01%GEN ELECTRIC 4.125 10/09/2042 0.01%MONSANTO CO 3.375 7/15/2024 0.01%CDS 5% 0.01%CDS 5% 12/20/2016 0.01%GN 767094 3.5 7/15/2043 0.01%CURATORS UNIV 5.792 11/01/2041 0.01%BACM 2004-5 AJ 11/10/2041 0.01%BRF SA 3.95 5/22/2023 0.01%RECV IFS 2.8825 7/15/2024 0.01%RECV CSWAP 3.45 3/24/2017 0.01%GN AD2223 3.5 2/15/2043 0.01%FN AU9945 3 7/01/2043 0.01%ALLSTATE CORP 4.5 6/15/2043 0.01%GN 779398 3.5 6/15/2042 0.01%RUSSIAN ROUBLE 12/31/1899 0.01%BACM 2007-5 A3 2/10/2051 0.01%UNITEDHEALTH GR 5.95 2/15/2041 0.01%SEAGATE TECH HD 6.8 10/01/2016 0.01%URUGUAY 6.875 1/19/2016 0.01%FN AS0489 2.5 9/01/2028 0.01%ZOETIS INC 4.7 2/01/2043 0.01%SIMON PROP GP 3.375 3/15/2022 0.01%GN AA5452 3.5 7/15/2042 0.01%FN AS1375 4 12/01/2043 0.01%TENET HEALTHCA 6.25 11/01/2018 0.01%GN AC2550 3.5 1/15/2043 0.01%ALERE INC BK LN 6/30/2017 0.01%AST Portfolio Holdings454 of 635

AST Prudential Core Bond Portfolio (continued)Security% of PortfolioALERE INC BK LN 6/30/2016 0.01%GN 539240 3.5 11/15/2041 0.01%LABORATORY CORP 3.75 8/23/2022 0.01%SAST 2004-1 A 3/25/2035 0.01%UNITED MEXICAN 11 5/08/2017 0.01%UNITED MEXICAN 11 5/08/2017 0.01%COMM 2006-C7 A1A 6/10/2046 0.01%MSAC 2003-NC10 M1 10/25/2033 0.01%ALLISON BK LN 8/07/2017 0.01%LYONDELLBASELL 6 11/15/2021 0.01%MPORT 2006-1A A1L 2/22/2020 0.01%FN AB9428 2.5 5/01/2028 0.01%RECV AUD 4.42% 12/20/2032 0.01%POUND STERLING 12/31/1899 0.01%RECV PYFLTR 4.7425 3/07/2029 0.01%AMSI 2004-R1 A2 2/25/2034 0.01%DOM GAS HOLD LL 4.8 11/01/2043 0.01%FN AT2059 2.5 4/01/2028 0.01%PRINCIPAL FINL 4.625 9/15/2042 0.01%GN AG7706 3.5 1/15/2044 0.01%FHMS K501 X1A 8/25/2016 0.01%FHMS K501 X1A 8/25/2016 0.01%VIACOM INC 4.5 2/27/2042 < 0.01%FN AU1661 2.5 7/01/2028 < 0.01%METLIFE CAP T 7.875 12/15/2037 < 0.01%FN AU2619 2.5 8/01/2028 < 0.01%FN AS0047 2.5 7/01/2028 < 0.01%RECV CSWAP 4.50 6/08/2015 < 0.01%RECV PAYFLTR 5.48 4/18/2019 < 0.01%CURRENCY CONTRACT - PHP 12/31/1899 < 0.01%RECV PAYFLTR 6.37 5/25/2022 < 0.01%RECV PAYFLTR 7.2% 3/04/2016 < 0.01%RECV RCFIX 6.085 9/02/2023 < 0.01%RECV CSWAP 4.25 7/14/2017 < 0.01%RECV PAYFLTR 5.08 12/02/2015 < 0.01%GN AD5435 3.5 5/15/2043 < 0.01%LAFC 2012-1A A 9/06/2022 < 0.01%GN 767060 3.5 5/15/2043 < 0.01%JAPANESE YEN 12/31/1899 < 0.01%GN 778794 3.5 1/15/2042 < 0.01%GN AH3592 3.5 11/15/2043 < 0.01%RECV REC FIX7.2 2/24/2016 < 0.01%GN AA5114 3.5 8/15/2042 < 0.01%CURRENCY CONTRACT - CNY 12/31/1899 < 0.01%GN 767086 3.5 10/15/2043 < 0.01%GN AD7694 3.5 5/15/2043 < 0.01%RECV PYFLTR 8.19 11/14/2023 < 0.01%GN AD3761 3.5 5/15/2043 < 0.01%AUSTRALIAN DOLLAR 12/31/1899 < 0.01%GN 794871 3.5 3/15/2042 < 0.01%MEXICAN NUEVO PESO 12/31/1899 < 0.01%HUNGARIAN FORINT 12/31/1899 < 0.01%GN 656539 3.5 11/15/2041 < 0.01%SOUTH AFRICAN RAND 12/31/1899 < 0.01%Security% of PortfolioCURRENCY CONTRACT - CNH 12/31/1899 < 0.01%NEW ZEALAND DOLLAR 12/31/1899 < 0.01%CANADIAN DOLLAR 12/31/1899 < 0.01%SINGAPORE DOLLAR 12/31/1899 < 0.01%SWISS FRANC 12/31/1899 < 0.01%ISRAELI SHEKEL 12/31/1899 < 0.01%SWEDISH KRONA 12/31/1899 < 0.01%LANDM 2007-9A A1 4/15/2021 < 0.01%FN AV7736 2.5 1/01/2029 < 0.01%FN AQ4123 2.5 10/01/2028 < 0.01%NORWEGIAN KRONE 12/31/1899 < 0.01%CZECH KORUNA 12/31/1899 < 0.01%CALPINE CORP BK LN 4/01/2018 < 0.01%FN AV2316 2.5 12/01/2028 < 0.01%AELIS 2005-2A A2 1/26/2020 < 0.01%PAYB PAYFLTR 6.37 5/25/2022 < 0.01%PAYB PAYFLTR 3.985 9/03/2018 < 0.01%PAYB PAYFLTR 5.08 12/02/2015 < 0.01%PAYB PAYFLTR 4.28 8/08/2023 < 0.01%PAYB PAYFLTR 4.231 8/09/2023 < 0.01%B8A0SL5B5 7/14/2017 < 0.01%PAYB PAYFLTR 5.48 4/18/2019 < 0.01%B8A10KJG9 6/08/2015 < 0.01%B8A10R223 6/08/2015 < 0.01%B8A10SLY0 3/24/2017 < 0.01%PAYB REC FIX 1.955 5/09/2023 < 0.01%PAYB REC FIX7.2 2/24/2016 < 0.01%PAYB PYFLTR 4.7425 3/07/2029 < 0.01%PAYB PAYFLTR 7.2% 3/04/2016 < 0.01%PAYB PAYFLTR .45% 2/18/2016 < 0.01%PAYB PYFLTR 5.94 9/03/2023 < 0.01%PAYB PYFLTR 8.19 11/14/2023 < 0.01%B8A0SLPJ6 7/14/2017 < 0.01%PAYB PYFLTR 4.2475 8/07/2023 < 0.01%B8A0SL5B5 7/14/2017 < 0.01%PAYB RCFIX 6.085 9/02/2023 < 0.01%RECV PAYFLTR .45% 2/18/2016 < 0.01%THAILAND BAHT 12/31/1899 < 0.01%RECV IRS EUR 0.125 8/01/2017 < 0.01%PAYB IRS EUR 0.125 8/01/2017 < 0.01%RECV IRS EUR .325 8/01/2019 < 0.01%PAYB IRS EUR .325 8/01/2019 < 0.01%NEW TURKISH LIRA 12/31/1899 < 0.01%CURRENCY CONTRACT - TRY 12/31/1899 < 0.01%RECV REC FIX 1.955 5/09/2023 < 0.01%CURRENCY CONTRACT - RON 12/31/1899 < 0.01%CURRENCY CONTRACT - CHF 12/31/1899 < 0.01%RECV IRS EUR 0.604 8/01/2021 < 0.01%PAYB IRS EUR 0.604 8/01/2021 < 0.01%CURRENCY CONTRACT - COP 12/31/1899 < 0.01%CURRENCY CONTRACT - MYR 12/31/1899 < 0.01%EURO 12/31/1899 < 0.01%CURRENCY CONTRACT - NZD 12/31/1899 < 0.01%CURRENCY CONTRACT - BRL 12/31/1899 < 0.01%AST Portfolio Holdings455 of 635

AST Prudential Core Bond Portfolio (continued)Security% of PortfolioCURRENCY CONTRACT - INR 12/31/1899 < 0.01%CURRENCY CONTRACT - SGD 12/31/1899 < 0.01%RECV IRS EUR 1.011 8/01/2024 < 0.01%PAYB IRS EUR 1.011 8/01/2024 < 0.01%CURRENCY CONTRACT - ZAR 12/31/1899 < 0.01%CURRENCY CONTRACT - KRW 12/31/1899 < 0.01%CURRENCY CONTRACT - PEN 12/31/1899 < 0.01%CURRENCY CONTRACT - PLN 12/31/1899 < 0.01%PAYB CSWAP 4.50 6/08/2015 < 0.01%CURRENCY CONTRACT - AUD 12/31/1899 < 0.01%CURRENCY CONTRACT - HUF 12/31/1899 < 0.01%RECV USD 2.375 5/15/2021 < 0.01%PAYB USD 2.375 5/15/2021 < 0.01%PAYB CSWAP 4.25 7/14/2017 < 0.01%CURRENCY CONTRACT - MXN 12/31/1899 < 0.01%CURRENCY CONTRACT - CLP 12/31/1899 -0.01%CURRENCY CONTRACT - EUR 12/31/1899 -0.01%PAYB AUD 4.42% 12/20/2032 -0.01%CURRENCY CONTRACT - CAD 12/31/1899 -0.01%PAYB CSWAP 3.45 3/24/2017 -0.01%CURRENCY CONTRACT - RUB 12/31/1899 -0.01%POLISH ZLOTY 12/31/1899 -0.01%PAYB IFS 2.8825 7/15/2024 -0.01%PAYB CSWAP 4.50 6/08/2015 -0.01%PAYB OIS 5.24 2/27/2024 -0.01%PAYB CSWAP 12.4.14 12/04/2014 -0.01%PAYB CSWAP 0.00 1/25/2015 -0.02%PAYB CSWAP 0.00 9/26/2015 -0.02%PAYB CSWAP 0.00 5/02/2015 -0.02%PAYB RECFIX 3.79% 9.25.22 9/25/2022 -0.02%PAYB OIS SWP 11/20/2018 -0.02%PAYB OIS SWP 11/19/2018 -0.02%PAYB PAYFLTR 8.97 9/03/2033 -0.02%PAYB RECFIX4.42% 12/19/2032 -0.02%PAYB CSWAP 0.00 10/02/2014 -0.02%PAYB CSWAP 0.00 10/12/2016 -0.02%CURRENCY CONTRACT - USD 12/31/1899 -0.02%PAYB CS EUR 0.00 9/27/2015 -0.02%PAYB REC FIX4.73 8/13/2023 -0.02%PAYB RCFIX 4.6675 8/13/2023 -0.02%PAYB REC FIX4.22 8/13/2018 -0.03%PAYB RECFIX 4.16 8/13/2018 -0.03%PAYB CSWAP 0.00 9/28/2017 -0.03%PAYB CSWAP 0.00 12/18/2015 -0.03%PAYB CSWAP 0.00 12/14/2015 -0.03%PAYB CSWAP 0.00 10/11/2014 -0.03%PAYB RECFIX 3.81 3/26/2017 -0.03%PAYB IFS 2.89 7/15/2024 -0.03%PAYB RCFIX 4.1425 8/12/2018 -0.03%PAYB RCFIX 4.6475 8/12/2023 -0.03%PAYB CSWAP 4.25 7/14/2017 -0.04%PAYB CSWAP 0.00 12/17/2015 -0.04%PAYB REC FIX 7.25 5/20/2023 -0.05%PAYB RECFIX 7.25 5/17/2023 -0.05%Security% of PortfolioPAYB OIS SWAP 0.00 1/01/2017 -0.05%CDS: BUY(CDX)1% 6/20/2018 -0.05%PAYB RECFIX 2.2% 12/13/2027 -0.05%PAYB PYFLTR 6.54 10/20/2023 -0.05%PAYB CSWAP 7.7 7/22/2018 -0.05%PAYB CSWAP 0.00 10/17/2014 -0.05%PAYB PAYFIX 2.06 12/13/2027 -0.05%PAYB CSWAP 7.71 7/23/2018 -0.06%PAYB CSWAP 12/19/2015 -0.06%PAYB RECFIX 0% OIS 1/01/2017 -0.06%PAYB CSWAP 0.00 10/18/2014 -0.07%PAYB OIS SWAP 1/01/2021 -0.07%PAYB CSWAP 0.00 1/17/2015 -0.09%USD 1% 6/20/2018 -0.09%CDS: BUY(CDX) 1% 6/20/2018 -0.09%PAYB CSWAP 0.00 10/19/2014 -0.10%PAYB RECFIX 6.02% 6/20/2018 -0.10%PAYB PYFLTR 5.41 11/09/2018 -0.10%CDS CME 1% 6/20/2019 -0.10%PAYB PYFIX .98899 5/17/2018 -0.11%PAYB RECFIX 7.42% 6/25/2018 -0.11%PAYB CSWAP 0.00 12/20/2015 -0.11%PAYB CSWAP JPY 5/14/2017 -0.11%PAYB REC FIX5.1% 4/28/2023 -0.13%PAYB CSWAP 0.00 1.25.15 1/25/2015 -0.16%PAYB CSWAP 0.00 1/04/2016 -0.17%PAYB PYFLTR 3.736 6/28/2018 -0.18%PAYB PYFIX 1.334 11/15/2019 -0.21%US LONG BOND 9/19/2014 -0.21%PAYB PYFLTR 2.16 11/20/2018 -0.22%PAYB OIS SWP 1/02/2017 -0.29%PAYB CSWAP 0.00 1/25/2015 -0.34%PAYB CSWAP 0.00 1/25/2015 -0.40%PAYB CSWAP 8.69 9/09/2015 -0.41%US ULTRA BOND FUT 9/19/2014 -1.85%PAYB IRS CHF -.005 7/31/2015 -2.26%US 10YR NOTE FUT 9/19/2014 -2.44%US 2YR NOTE FUT 9/30/2014 -3.57%PAYB FRA SWP 8/18/2014 -3.93%PAYB FRA SWP 8/18/2014 -3.94%AST Portfolio Holdings456 of 635

AST Prudential Flexible Multi-Strategy PortfolioSecurity% of Portfolio(PDAU) QMA US EQUITY ALPHA 33.07%PRUDENTIAL CORE INVESTMENT 19.33%ESU4 S&P 500 EMINI FUT 9/24/2014 7.52%(PDBY) QMA EMERGING MARKETS 7.42%MESU4 MINI MSCI EMG MKT 9/24/2014 6.87%(PD20) HIGH YIELD BOND PORT 5.56%(PDBL) GLOBAL REAL ESTATE P 5.53%SPDR S&P 500 ETF TRUST 5.33%ISHARES MSCI EMU ETF 5.05%(296655) PRU CORE BOND PORT 2.99%US T BILLS .015% 9/18/2014 1.30%ISHARES MSCI EUROPE FINANCI 0.03%AST Portfolio Holdings457 of 635

AST Prudential Growth Allocation PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 11.45%ESU4 S&P 500 EMINI FUT 9/24/2014 3.68%APPLE INC 2.60%EXXON MOBIL CORP 2.24%GENERAL ELECTRIC CO 1.55%MICROSOFT CORP 1.47%JOHNSON & JOHNSON 1.29%INTEL CORP 1.27%PFIZER INC 1.23%CHEVRON CORP 1.15%TYU4 US 10YR NOTE (CBT) 10/05/2014 1.13%FACEBOOK INC-A 1.07%ORACLE CORP 1.07%TUU4 US 2YR NOTE (CBT) 10/08/2014 1.06%JPMORGAN CHASE & CO 1.03%PEPSICO INC 1.01%WELLS FARGO & CO 0.98%QUALCOMM INC 0.98%WAL-MART STORES INC 0.88%BANK OF AMERICA CORP 0.88%SPU4 S&P 500 FUTURE 9/24/2014 0.87%HEWLETT-PACKARD CO 0.85%BIOGEN IDEC INC 0.82%GOOGLE INC-CL C 0.80%WALT DISNEY CO/THE 0.80%UNION PACIFIC CORP 0.79%CISCO SYSTEMS INC 0.76%MCDONALD'S CORP 0.75%COMCAST CORP-CLASS A 0.74%CONOCOPHILLIPS 0.70%BERKSHIRE HATHAWAY INC-CL B 0.70%DOW CHEMICAL CO/THE 0.69%BRISTOL-MYERS SQUIBB CO 0.69%PROCTER & GAMBLE CO/THE 0.69%MFSU4 MINI ESCI EAFE 9/24/2014 0.68%GILEAD SCIENCES INC 0.68%GOOGLE INC-CL A 0.67%EOG RESOURCES INC 0.67%LYONDELLBASELL INDU-CL A 0.66%TIME WARNER INC 0.66%VERIZON COMMUNICATIONS INC 0.64%DUKE ENERGY CORP 0.64%AT&T INC 0.64%TEXAS INSTRUMENTS INC 0.61%ABBVIE INC 0.60%RTAU4 RUSSELL 2000 MINI 9/19/2014 0.59%NORTHROP GRUMMAN CORP 0.58%ABBOTT LABORATORIES 0.58%AMGEN INC 0.58%EMERSON ELECTRIC CO 0.57%KROGER CO 0.56%EXPRESS SCRIPTS HOLDING CO 0.56%AMERICAN TOWER CORP 0.55%FEDEX CORP 0.55%Security% of PortfolioOCCIDENTAL PETROLEUM CORP 0.54%ILLINOIS TOOL WORKS 0.53%RAYTHEON COMPANY 0.53%BAKER HUGHES INC 0.53%ALEXION PHARMACEUTICALS INC 0.52%ALLERGAN INC 0.51%AFLAC INC 0.51%MACY'S INC 0.51%DIRECTV 0.50%GOLDMAN SACHS GROUP INC 0.50%BEST BUY CO INC 0.49%FRANKLIN RESOURCES INC 0.49%T ROWE PRICE GROUP INC 0.47%MICHAEL KORS HOLDINGS LTD 0.47%ALCOA INC 0.47%PNC FINANCIAL SERVICES GROU 0.47%JOHNSON CONTROLS INC 0.47%YUM! BRANDS INC 0.47%CITIGROUP INC 0.46%TRAVELERS COS INC/THE 0.46%INTL BUSINESS MACHINES CORP 0.45%WYNDHAM WORLDWIDE CORP 0.44%PHILIP MORRIS INTERNATIONAL 0.44%COGNIZANT TECH SOLUTIONS-A 0.44%KIMBERLY-CLARK CORP 0.43%SOUTHWEST AIRLINES CO 0.42%HELMERICH & PAYNE 0.42%TYSON FOODS INC-CL A 0.41%VALERO ENERGY CORP 0.40%MONSTER BEVERAGE CORP 0.40%ACTAVIS PLC 0.40%MARATHON PETROLEUM CORP 0.39%MERCK & CO. INC. 0.39%PARTNERRE LTD 0.37%CVS CAREMARK CORP 0.37%SYMANTEC CORP 0.37%UNITED PARCEL SERVICE-CL B 0.36%WESTLAKE CHEMICAL CORP 0.36%DST SYSTEMS INC 0.35%PARKER HANNIFIN CORP 0.34%KELLOGG CO 0.34%US TBILL .04% 9/18/2014 0.34%BLACKROCK INC 0.33%AGL RESOURCES INC 0.33%UNITED TECHNOLOGIES CORP 0.32%KINDER MORGAN INC 0.32%JONES LANG LASALLE INC 0.32%ROSS STORES INC 0.31%GAP INC/THE 0.31%ANADARKO PETROLEUM CORP 0.31%ENTERGY CORP 0.31%AETNA INC 0.31%PROLOGIS INC 0.30%COCA-COLA CO/THE 0.30%AST Portfolio Holdings458 of 635

AST Prudential Growth Allocation Portfolio (continued)Security% of PortfolioUNITEDHEALTH GROUP INC 0.30%GENERAL GROWTH PROPERTIES 0.29%CIGNA CORP 0.28%CUMMINS INC 0.28%DOMINION RESOURCES INC/VA 0.27%CBRE GROUP INC - A 0.27%ARCHER-DANIELS-MIDLAND CO 0.27%DISCOVER FINANCIAL SERVICES 0.27%SKYWORKS SOLUTIONS INC 0.27%LIBERTY VENTURES - SER A 0.26%SCHLUMBERGER LTD 0.26%NORFOLK SOUTHERN CORP 0.26%FISERV INC 0.25%SOUTHERN COPPER CORP 0.25%EXELON CORP 0.25%ALTRIA GROUP INC 0.23%PPL CORPORATION 0.23%CA INC 0.23%COLGATE-PALMOLIVE CO 0.22%CATERPILLAR INC 0.22%CERNER CORP 0.22%PPG INDUSTRIES INC 0.21%ELI LILLY & CO 0.21%BECTON DICKINSON AND CO 0.21%PUBLIC SERVICE ENTERPRISE G 0.21%UNUM GROUP 0.20%TWENTY-FIRST CENTURY FOX-A 0.20%CENTURYLINK INC 0.20%KEYCORP 0.19%TPU4 TOPIX INDX FUTR 9/17/2014 0.19%Z U4 FTSE 100 IDX FUT SEP 1 9/24/2014 0.19%HOSPITALITY PROPERTIES TRUS 0.19%WELLPOINT INC 0.18%OSHKOSH CORP 0.18%CR BARD INC 0.18%AMETEK INC 0.18%CFQ4 CAC40 10 EURO FUT 9/10/2014 0.18%HESS CORP 0.17%CELGENE CORP 0.17%DELTA AIR LINES INC 0.17%HARRIS CORP 0.17%REGIONS FINANCIAL CORP 0.17%BOSTON SCIENTIFIC CORP 0.16%CSX CORP 0.16%VF CORP 0.15%SMITH (A.O.) CORP 0.15%GXU4 DAX INDEX FUTURE 9/24/2014 0.15%AVAGO TECHNOLOGIES LTD 0.14%EQT CORP 0.14%THOR INDUSTRIES INC 0.14%CHESAPEAKE ENERGY CORP 0.14%L-3 COMMUNICATIONS HOLDINGS 0.14%SOUTHERN CO/THE 0.14%SYNTEL INC 0.14%Security% of PortfolioBAXTER INTERNATIONAL INC 0.14%CABOT OIL & GAS CORP 0.14%MCGRAW HILL FINANCIAL INC 0.14%BUNGE LTD 0.13%CAREFUSION CORP 0.13%NETAPP INC 0.13%AMERICAN FINANCIAL GROUP IN 0.13%AMERIPRISE FINANCIAL INC 0.13%WADDELL & REED FINANCIAL-A 0.13%TJX COMPANIES INC 0.13%CROWN CASTLE INT 0.12%RAYMOND JAMES FINANCIAL INC 0.12%COMPASS MINERALS INTERNATIO 0.12%BROADRIDGE FINANCIAL SOLUTI 0.11%PRICELINE GROUP INC/THE 0.11%HOME DEPOT INC 0.11%ACCENTURE PLC-CL A 0.11%FIRST NIAGARA FINANCIAL GRP 0.10%IGATE CORP 0.10%BROADCOM CORP-CL A 0.10%JACK IN THE BOX INC 0.10%FOOT LOCKER INC 0.09%CAMDEN PROPERTY TRUST 0.09%ANALOG DEVICES INC 0.09%AMERICAN CAMPUS COMMUNITIES 0.09%SEI INVESTMENTS COMPANY 0.08%BED BATH & BEYOND INC 0.08%VISA INC-CLASS A SHARES 0.08%SANDERSON FARMS INC 0.08%UNITED RENTALS INC 0.08%SHERWIN-WILLIAMS CO/THE 0.08%STEVEN MADDEN LTD 0.08%CBOE HOLDINGS INC 0.07%AES CORP 0.07%MANHATTAN ASSOCIATES INC 0.07%MDU RESOURCES GROUP INC 0.07%CAPITAL ONE FINANCIAL CORP 0.07%MARRIOTT VACATIONS WORLD 0.07%APACHE CORP 0.07%FRANKLIN STREET PROPERTIES 0.06%AMAZON.COM INC 0.06%FIRSTENERGY CORP 0.06%COPA HOLDINGS SA-CLASS A 0.06%NELNET INC-CL A 0.06%ENERSYS 0.06%APOLLO RESIDENTIAL MORTGAGE 0.05%CHAMBERS STREET PROPERTIES 0.05%CONTINENTAL RESOURCES INC/O 0.05%NEWS CORP - CLASS A 0.05%MORNINGSTAR INC 0.05%DEVRY EDUCATION GROUP INC 0.05%FULTON FINANCIAL CORP 0.05%HUNTINGTON INGALLS INDUSTRI 0.05%TOTAL SYSTEM SERVICES INC 0.05%AST Portfolio Holdings459 of 635

AST Prudential Growth Allocation Portfolio (continued)Security% of PortfolioGENTEX CORP 0.04%HEXCEL CORP 0.04%RPC INC 0.04%GENPACT LTD 0.04%JANUS CAPITAL GROUP INC 0.04%OLD DOMINION FREIGHT LINE 0.04%EDISON INTERNATIONAL 0.04%AG MORTGAGE INVESTMENT TRUS 0.04%LOCKHEED MARTIN CORP 0.04%CIT GROUP INC 0.04%GENWORTH FINANCIAL INC-CL A 0.04%SOLERA HOLDINGS INC 0.03%CONSOL ENERGY INC 0.03%CELANESE CORP-SERIES A 0.03%POPULAR INC 0.03%DINEEQUITY INC 0.03%INTEGRATED DEVICE TECH INC 0.03%CAL-MAINE FOODS INC 0.03%PANERA BREAD COMPANY-CLASS 0.03%INGRAM MICRO INC-CL A 0.03%GRAND CANYON EDUCATION INC 0.03%ALASKA AIR GROUP INC 0.03%LANNETT CO INC 0.03%PIPER JAFFRAY COS 0.02%AMERICAN ELECTRIC POWER 0.02%CHARLES RIVER LABORATORIES 0.02%STARZ - A 0.02%TORO CO 0.02%HYSTER-YALE MATERIALS 0.01%US T-BILL .040% 9/18/2014 < 0.01%JAPAN YEN < 0.01%UK POUND STERLING < 0.01%EURO < 0.01%460 of 635AST Portfolio Holdings

AST QMA Emerging Markets Equity PortfolioSecurity% of PortfolioSAMSUNG ELECTRONICS CO LTD 2.70%ISHARES MSCI EMERGING MARKE 2.48%TAIWAN SEMICONDUCTOR MANUFA 2.38%PRUDENTIAL CORE INVESTMENT 2.22%TENCENT HOLDINGS LTD 1.86%GAZPROM OAO 1.50%BANK OF CHINA LTD-H 1.45%MESU4 MINI MSCI EMG MKT 9/24/2014 1.36%ITAU UNIBANCO HOLDING S-PRE 1.34%SASOL LTD 1.30%CHINA CONSTRUCTION BANK-H 1.24%LUKOIL OAO 1.20%BANCO BRADESCO SA-PREF 1.17%IND & COMM BK OF CHINA-H 1.13%SK HYNIX INC 1.12%CHINA PETROLEUM & CHEMICAL- 1.05%MEDIATEK INC 1.04%POSCO 0.99%HYUNDAI MOTOR CO 0.98%RELIANCE INDS-SPONS GDR 144 0.97%HON HAI PRECISION INDUSTRY 0.96%CHINA MOBILE LTD 0.96%INFOSYS LTD-SP ADR 0.94%KT&G CORP 0.93%FIRSTRAND LTD 0.92%KIA MOTORS CORPORATION 0.86%PETROBRAS - PETROLEO BRAS 0.85%CATHAY FINANCIAL HOLDING CO 0.82%PETROBRAS - PETROLEO BRAS-P 0.82%LARGAN PRECISION CO LTD 0.79%MTN GROUP LTD 0.79%FUBON FINANCIAL HOLDING CO 0.76%HYUNDAI STEEL CO 0.74%AGRICULTURAL BANK OF CHINA- 0.73%TATA MOTORS LTD-SPON ADR 0.73%BANK OF COMMUNICATIONS CO-H 0.72%BANCO DO BRASIL S.A. 0.71%CNOOC LTD 0.71%ESTACIO PARTICIPACOES SA 0.70%CHINA RAILWAY GROUP LTD-H 0.69%JBS SA 0.69%EREGLI DEMIR VE CELIK FABRI 0.69%CHINA MERCHANTS BANK-H 0.69%HYUNDAI HYSCO 0.68%LG ELECTRONICS INC 0.67%CHINA RESOURCES POWER HOLDI 0.67%SIAM COMMERCIAL BANK-FOREIG 0.66%CATCHER TECHNOLOGY CO LTD 0.65%NASPERS LTD-N SHS 0.63%E-MART CO LTD 0.63%SANLAM LTD 0.63%CHINA CITIC BANK CORP LTD-H 0.62%SISTEMA JSFC-REG S SPONS GD 0.62%ICICI BANK LTD-SPON ADR 0.61%Security% of PortfolioMR PRICE GROUP LTD 0.61%CHINA UNICOM HONG KONG LTD 0.60%CHINA DEVELOPMENT FINANCIAL 0.60%BANK NEGARA INDONESIA PERSE 0.59%SK TELECOM 0.58%PORTO SEGURO SA 0.58%IOI CORPORATION BHD 0.57%HUANENG POWER INTL INC-H 0.56%HUABAO INTERNATIONAL HOLDIN 0.56%PEGATRON CORP 0.56%EMLAK KONUT GAYRIMENKUL YAT 0.56%MISC BHD 0.55%INDUSTRIAL BANK OF KOREA 0.55%ARCA CONTINENTAL SAB DE CV 0.54%COWAY CO LTD 0.54%NETCARE LTD 0.54%DIGI.COM BHD 0.54%PROMOTORA Y OPERADORA DE IN 0.54%EVERGRANDE REAL ESTATE GROU 0.53%SAMSUNG ELECTRONICS-PREF 0.53%ALLIANCE GLOBAL GROUP INC 0.53%ALROSA AO 0.52%GRUPO AEROPORT DEL PACIFIC- 0.52%KGHM POLSKA MIEDZ SA 0.51%CIA PARANAENSE DE ENERGI-PF 0.50%SHANGHAI PHARMACEUTICALS-H 0.49%HANWHA CORPORATION 0.48%OI SA-PREFERENCE 0.48%LG UPLUS CORP 0.48%LOTTE SHOPPING CO 0.48%RICHTER GEDEON NYRT 0.47%FOMENTO ECONOMICO MEXICA-UB 0.47%REDEFINE PROPERTIES LTD 0.46%HYUNDAI MOBIS CO LTD 0.46%AMBEV SA 0.45%SPAR GROUP LIMITED/THE 0.45%COCA-COLA FEMSA SAB-SER L 0.44%VANGUARD INTERNATIONAL SEMI 0.44%AMERICA MOVIL SAB DE C-SER 0.44%TECO ELECTRIC & MACHINERY 0.42%CEMEX LATAM HOLDINGS SA 0.42%POWSZECHNY ZAKLAD UBEZPIECZ 0.40%KASIKORNBANK PCL-FOREIGN 0.40%SOHO CHINA LTD 0.40%DMCI HOLDINGS INC 0.39%TOFAS TURK OTOMOBIL FABRIKA 0.37%STANDARD BANK GROUP LTD 0.37%CHINA NATIONAL BUILDING MA- 0.36%SHANGHAI INDUSTRIAL HLDG LT 0.36%CIELO SA 0.36%BRITISH AMERICAN TOBACCO BH 0.34%WIPRO LTD-ADR 0.34%ENERGA SA 0.34%WEG SA 0.34%AST Portfolio Holdings461 of 635

AST QMA Emerging Markets Equity Portfolio (continued)Security% of PortfolioPETROCHINA CO LTD-H 0.33%ABU DHABI COMML 0.33%CHINA COMMUNICATIONS CONST- 0.31%GAIL INDIA LTD-REG S GDR 0.31%TELEKOM MALAYSIA BHD 0.31%ITAUSA-INVESTIMENTOS ITAU-P 0.30%PPB GROUP BERHAD 0.30%BANK MANDIRI PERSERO TBK PT 0.30%DOCTOR REDDY'S LAB-ADR 0.30%WALMART DE MEXICO-SER V 0.30%CHINA BLUECHEMICAL LTD - H 0.29%DELTA ELECTRONICS INC 0.28%MBANK 0.28%BANCO DAVIVIENDA SA 0.28%VALE SA-PREF 0.26%MASRAF AL RAYAN 0.26%HUA NAN FINANCIAL HOLDINGS 0.26%TELEKOMUNIKASI INDONESIA PE 0.26%BANCO SANTANDER BRASIL-UNI 0.26%KROTON EDUCACIONAL SA 0.25%SESA STERLITE LTD-ADR 0.25%CENCOSUD SA 0.24%GRUPO TELEVISA SAB-SER CPO 0.24%KOREA ELECTRIC POWER CORP 0.24%BANK RAKYAT INDONESIA PERSE 0.24%YAPI VE KREDI BANKASI 0.23%BANCO DE CREDITO E INVERSIO 0.23%VALE SA 0.23%RUENTEX DEVELOPMENT CO LTD 0.22%TATA STEEL LTD-GDR REG S 0.21%SAMSUNG C&T CORP 0.20%STATE BANK OF INDI-GDR REG 0.20%BIDVEST GROUP LTD 0.20%GOME ELECTRICAL APPLIANCES 0.20%TAISHIN FINANCIAL HOLDING 0.19%STEINHOFF INTL HOLDINGS LTD 0.19%BB SEGURIDADE PARTICIPACOES 0.19%GIANT MANUFACTURING 0.19%TURK SISE VE CAM FABRIKALAR 0.19%HYUNDAI MOTOR CO LTD-2ND PR 0.19%UNI-PRESIDENT ENTERPRISES C 0.19%MAGNIT OJSC-SPON GDR REGS 0.18%CIA ENERGETICA DE SP-PREF B 0.18%SURYA CITRA MEDIA PT TBK 0.18%ANHUI CONCH CEMENT CO LTD-H 0.18%ADVANCED SEMICONDUCTOR ENGR 0.18%LARSEN & TOUBRO-GDR REG S 0.18%FIBRA UNO ADMINISTRACION SA 0.17%AMOREPACIFIC GROUP 0.17%FELDA GLOBAL VENTURES 0.17%ASUSTEK COMPUTER INC 0.17%ZHEJIANG EXPRESSWAY CO-H 0.16%PTT EXPLORATION & PROD-FOR 0.16%BANK PEKAO SA 0.16%Security% of PortfolioBARCLAYS AFRICA GROUP LTD 0.15%ENERSIS SA 0.15%COLUMBIA PESO 0.15%MAHINDRA & MAHINDRA-SPON GD 0.14%FIRST GULF BANK 0.14%YUANTA FINANCIAL HOLDING CO 0.14%TIM PARTICIPACOES SA 0.13%AK TRANSNEFT OAO-PREF 0.13%US TBILL 9/18/2014 0.13%CHINA OILFIELD SERVICES-H 0.13%SAPURAKENCANA PETROLEUM BHD 0.12%PHILIPPINES PESO 0.12%TAIWAN CEMENT 0.11%GROWTHPOINT PROPERTIES LTD 0.11%CHINA AGRI-INDUSTRIES HLDGS 0.11%GERDAU SA-PREF 0.11%SIMPLO TECHNOLOGY CO LTD 0.11%NEDBANK GROUP LTD 0.10%PTT GLOBAL CHEMICAL PCL-FOR 0.10%CEZ AS 0.10%SBERBANK-SPONSORED ADR 0.10%PRESIDENT CHAIN STORE CORP 0.10%HONG LEONG FINANCIAL GROUP 0.10%BANCO SANTANDER CHILE 0.09%SILICONWARE PRECISION INDS 0.09%MMC NORILSK NICKEL OJSC 0.09%KIMBERLY-CLARK DE MEXICO-A 0.09%SURGUTNEFTEGAS-SP ADR 0.09%INOTERA MEMORIES INC 0.09%TWQ4 MSCI TAIWAN INDEX 9/15/2014 0.09%LIFE HEALTHCARE GROUP HOLDI 0.09%RMB HOLDINGS LTD 0.08%UNIVERSAL ROBINA CORP 0.08%AU OPTRONICS CORP 0.08%ALMACENES EXITO SA 0.08%UNITED TRACTORS TBK PT 0.08%CHINA EVERBRIGHT INTL LTD 0.08%GRUPO CARSO SAB DE CV-SER A 0.07%MEDICLINIC INTERNATIONAL LT 0.07%CITIC PACIFIC LTD 0.07%SHIMAO PROPERTY HOLDINGS LT 0.07%BANK ZACHODNI WBK SA 0.07%BANK MILLENNIUM SA 0.07%JIANGXI COPPER CO LTD-H 0.07%SINO-OCEAN LAND HOLDINGS 0.07%HYUNDAI WIA CORP 0.06%KCC CORP 0.06%MEGAFON-REG S GDR 0.06%RELIANCE INFRASTRUCTURE-GDR 0.06%INDOFOOD SUKSES MAKMUR TBK 0.06%KLABIN SA - UNIT 0.06%KT CORP 0.05%LIBERTY HOLDINGS LTD 0.05%KRUNG THAI BANK PUB CO-FORE 0.05%AST Portfolio Holdings462 of 635

AST QMA Emerging Markets Equity Portfolio (continued)Security% of PortfolioALFA S.A.B.-A 0.05%BANK HANDLOWY W WARSZAWIE S 0.05%ORANGE POLSKA SA 0.05%UMW HOLDINGS BHD 0.05%SOUTHERN COPPER CORP 0.05%MATAHARI DEPARTMENT STORE T 0.05%TRUE CORP PCL-FOREIGN 0.05%IJM CORP BHD 0.05%DUBAI FINANCIAL MARKET 0.04%ROSTELECOM 0.04%METALURGICA GERDAU SA-PREF 0.04%CHINA RAILWAY CONSTRUCTION- 0.04%VODAFONE QATAR 0.04%BTS GROUP HOLDINGS PCL 0.04%B2W COM GLOBAL DO VAREJO 0.04%CIA CERVECERIAS UNIDAS SA 0.04%JOLLIBEE FOODS CORPORATION 0.04%YINGDE GASES GROUP CO LTD 0.04%POLY PROPERTY GROUP CO LTD 0.04%CORP FINANCIERA COLOMBIANA 0.04%ANTA SPORTS PRODUCTS LTD 0.04%ZIJIN MINING GROUP CO LTD-H 0.03%ADARO ENERGY TBK PT 0.03%AGUAS ANDINAS SA-A 0.03%CZECH KORUNA 0.03%DATANG INTL POWER GEN CO-H 0.03%POLAND ZLOTY 0.03%CHINA RESOURCES CEMENT 0.03%FOLLI FOLLIE SA 0.03%KINGBOARD CHEMICAL HOLDINGS 0.03%SHANGHAI ELECTRIC GRP CO L- 0.03%CHONGQING RURAL COMMERCIAL- 0.03%EMBOTELLADORA ANDINA-PREF B 0.03%NATURA COSMETICOS SA 0.03%ENKA INSAAT VE SANAYI AS 0.03%YUEXIU PROPERTY CO LTD 0.03%DUBAI ISLAMIC BANK 0.03%VINA CONCHA Y TORO SA 0.03%GRUPO AVAL ACCIONES-PF 0.03%ROSNEFT OAO 0.02%CHINA INTERNATIONAL MARINE- 0.02%GRUPO COMERCIAL CHEDRAUI SA 0.02%BARWA REAL ESTATE CO 0.02%SINOPEC SHANGHAI PETROCHEM- 0.02%ENEA SA 0.02%SHUI ON LAND LTD 0.02%ZHEN DING TECHNOLOGY HOLDIN 0.02%BBMG CORPORATION-H 0.02%DOOSAN CORP 0.02%ASTRA AGRO LESTARI TBK PT 0.02%TRANSMISSORA ALIANCA DE-UNI 0.02%AES TIETE SA-PREF 0.02%UNILEVER INDONESIA TBK PT 0.02%CHINA STATE CONSTRUCTION IN 0.02%Security% of PortfolioBRASKEM SA-PREF A 0.02%MEXICAN PESO 0.02%SOUTH AFRICAN RAN 0.01%HUNGARIAN FORINT 0.01%TRUE CORP - RIGHTS 0.01%S SPOT ZAR 8/01/2014 < 0.01%S SPOT TRL 8/01/2014 < 0.01%S SPOT ZAR 8/05/2014 < 0.01%S SPOT MYR 8/01/2014 < 0.01%S SPOT MYR 8/01/2014 < 0.01%EUROPEAN CURRENCY < 0.01%S SPOT MYR 8/01/2014 < 0.01%S SPOT PLZ 8/01/2014 < 0.01%S SPOT MXP 8/01/2014 < 0.01%S SPOT MXP 8/04/2014 < 0.01%S SPOT THB 8/01/2014 < 0.01%L SPOT HK 8/01/2014 < 0.01%S SPOT MYR 8/01/2014 < 0.01%TAIWAN DOLLAR < 0.01%L SPOT HK 8/04/2014 < 0.01%L SPOT MYR 8/01/2014 < 0.01%L SPOT MYR 8/01/2014 < 0.01%L SPOT MYR 8/01/2014 < 0.01%L SPOT HUF 2 8/01/2014 < 0.01%L SPOT ZAR 8/04/2014 < 0.01%AST Portfolio Holdings463 of 635

AST QMA Emerging Markets Equity PortfolioSecurity% of PortfolioSAMSUNG ELECTRONICS CO LTD 2.70%ISHARES MSCI EMERGING MARKE 2.48%TAIWAN SEMICONDUCTOR MANUFA 2.38%PRUDENTIAL CORE INVESTMENT 2.22%TENCENT HOLDINGS LTD 1.86%GAZPROM OAO 1.50%BANK OF CHINA LTD-H 1.45%MESU4 MINI MSCI EMG MKT 9/24/2014 1.36%ITAU UNIBANCO HOLDING S-PRE 1.34%SASOL LTD 1.30%CHINA CONSTRUCTION BANK-H 1.24%LUKOIL OAO 1.20%BANCO BRADESCO SA-PREF 1.17%IND & COMM BK OF CHINA-H 1.13%SK HYNIX INC 1.12%CHINA PETROLEUM & CHEMICAL- 1.05%MEDIATEK INC 1.04%POSCO 0.99%HYUNDAI MOTOR CO 0.98%RELIANCE INDS-SPONS GDR 144 0.97%HON HAI PRECISION INDUSTRY 0.96%CHINA MOBILE LTD 0.96%INFOSYS LTD-SP ADR 0.94%KT&G CORP 0.93%FIRSTRAND LTD 0.92%KIA MOTORS CORPORATION 0.86%PETROBRAS - PETROLEO BRAS 0.85%CATHAY FINANCIAL HOLDING CO 0.82%PETROBRAS - PETROLEO BRAS-P 0.82%LARGAN PRECISION CO LTD 0.79%MTN GROUP LTD 0.79%FUBON FINANCIAL HOLDING CO 0.76%HYUNDAI STEEL CO 0.74%AGRICULTURAL BANK OF CHINA- 0.73%TATA MOTORS LTD-SPON ADR 0.73%BANK OF COMMUNICATIONS CO-H 0.72%BANCO DO BRASIL S.A. 0.71%CNOOC LTD 0.71%ESTACIO PARTICIPACOES SA 0.70%CHINA RAILWAY GROUP LTD-H 0.69%JBS SA 0.69%EREGLI DEMIR VE CELIK FABRI 0.69%CHINA MERCHANTS BANK-H 0.69%HYUNDAI HYSCO 0.68%LG ELECTRONICS INC 0.67%CHINA RESOURCES POWER HOLDI 0.67%SIAM COMMERCIAL BANK-FOREIG 0.66%CATCHER TECHNOLOGY CO LTD 0.65%NASPERS LTD-N SHS 0.63%E-MART CO LTD 0.63%SANLAM LTD 0.63%CHINA CITIC BANK CORP LTD-H 0.62%SISTEMA JSFC-REG S SPONS GD 0.62%ICICI BANK LTD-SPON ADR 0.61%Security% of PortfolioMR PRICE GROUP LTD 0.61%CHINA UNICOM HONG KONG LTD 0.60%CHINA DEVELOPMENT FINANCIAL 0.60%BANK NEGARA INDONESIA PERSE 0.59%SK TELECOM 0.58%PORTO SEGURO SA 0.58%IOI CORPORATION BHD 0.57%HUANENG POWER INTL INC-H 0.56%HUABAO INTERNATIONAL HOLDIN 0.56%PEGATRON CORP 0.56%EMLAK KONUT GAYRIMENKUL YAT 0.56%MISC BHD 0.55%INDUSTRIAL BANK OF KOREA 0.55%ARCA CONTINENTAL SAB DE CV 0.54%COWAY CO LTD 0.54%NETCARE LTD 0.54%DIGI.COM BHD 0.54%PROMOTORA Y OPERADORA DE IN 0.54%EVERGRANDE REAL ESTATE GROU 0.53%SAMSUNG ELECTRONICS-PREF 0.53%ALLIANCE GLOBAL GROUP INC 0.53%ALROSA AO 0.52%GRUPO AEROPORT DEL PACIFIC- 0.52%KGHM POLSKA MIEDZ SA 0.51%CIA PARANAENSE DE ENERGI-PF 0.50%SHANGHAI PHARMACEUTICALS-H 0.49%HANWHA CORPORATION 0.48%OI SA-PREFERENCE 0.48%LG UPLUS CORP 0.48%LOTTE SHOPPING CO 0.48%RICHTER GEDEON NYRT 0.47%FOMENTO ECONOMICO MEXICA-UB 0.47%REDEFINE PROPERTIES LTD 0.46%HYUNDAI MOBIS CO LTD 0.46%AMBEV SA 0.45%SPAR GROUP LIMITED/THE 0.45%COCA-COLA FEMSA SAB-SER L 0.44%VANGUARD INTERNATIONAL SEMI 0.44%AMERICA MOVIL SAB DE C-SER 0.44%TECO ELECTRIC & MACHINERY 0.42%CEMEX LATAM HOLDINGS SA 0.42%POWSZECHNY ZAKLAD UBEZPIECZ 0.40%KASIKORNBANK PCL-FOREIGN 0.40%SOHO CHINA LTD 0.40%DMCI HOLDINGS INC 0.39%TOFAS TURK OTOMOBIL FABRIKA 0.37%STANDARD BANK GROUP LTD 0.37%CHINA NATIONAL BUILDING MA- 0.36%SHANGHAI INDUSTRIAL HLDG LT 0.36%CIELO SA 0.36%BRITISH AMERICAN TOBACCO BH 0.34%WIPRO LTD-ADR 0.34%ENERGA SA 0.34%WEG SA 0.34%AST Portfolio Holdings464 of 635

AST QMA Emerging Markets Equity Portfolio (continued)Security% of PortfolioPETROCHINA CO LTD-H 0.33%ABU DHABI COMML 0.33%CHINA COMMUNICATIONS CONST- 0.31%GAIL INDIA LTD-REG S GDR 0.31%TELEKOM MALAYSIA BHD 0.31%ITAUSA-INVESTIMENTOS ITAU-P 0.30%PPB GROUP BERHAD 0.30%BANK MANDIRI PERSERO TBK PT 0.30%DOCTOR REDDY'S LAB-ADR 0.30%WALMART DE MEXICO-SER V 0.30%CHINA BLUECHEMICAL LTD - H 0.29%DELTA ELECTRONICS INC 0.28%MBANK 0.28%BANCO DAVIVIENDA SA 0.28%VALE SA-PREF 0.26%MASRAF AL RAYAN 0.26%HUA NAN FINANCIAL HOLDINGS 0.26%TELEKOMUNIKASI INDONESIA PE 0.26%BANCO SANTANDER BRASIL-UNI 0.26%KROTON EDUCACIONAL SA 0.25%SESA STERLITE LTD-ADR 0.25%CENCOSUD SA 0.24%GRUPO TELEVISA SAB-SER CPO 0.24%KOREA ELECTRIC POWER CORP 0.24%BANK RAKYAT INDONESIA PERSE 0.24%YAPI VE KREDI BANKASI 0.23%BANCO DE CREDITO E INVERSIO 0.23%VALE SA 0.23%RUENTEX DEVELOPMENT CO LTD 0.22%TATA STEEL LTD-GDR REG S 0.21%SAMSUNG C&T CORP 0.20%STATE BANK OF INDI-GDR REG 0.20%BIDVEST GROUP LTD 0.20%GOME ELECTRICAL APPLIANCES 0.20%TAISHIN FINANCIAL HOLDING 0.19%STEINHOFF INTL HOLDINGS LTD 0.19%BB SEGURIDADE PARTICIPACOES 0.19%GIANT MANUFACTURING 0.19%TURK SISE VE CAM FABRIKALAR 0.19%HYUNDAI MOTOR CO LTD-2ND PR 0.19%UNI-PRESIDENT ENTERPRISES C 0.19%MAGNIT OJSC-SPON GDR REGS 0.18%CIA ENERGETICA DE SP-PREF B 0.18%SURYA CITRA MEDIA PT TBK 0.18%ANHUI CONCH CEMENT CO LTD-H 0.18%ADVANCED SEMICONDUCTOR ENGR 0.18%LARSEN & TOUBRO-GDR REG S 0.18%FIBRA UNO ADMINISTRACION SA 0.17%AMOREPACIFIC GROUP 0.17%FELDA GLOBAL VENTURES 0.17%ASUSTEK COMPUTER INC 0.17%ZHEJIANG EXPRESSWAY CO-H 0.16%PTT EXPLORATION & PROD-FOR 0.16%BANK PEKAO SA 0.16%Security% of PortfolioBARCLAYS AFRICA GROUP LTD 0.15%ENERSIS SA 0.15%COLUMBIA PESO 0.15%MAHINDRA & MAHINDRA-SPON GD 0.14%FIRST GULF BANK 0.14%YUANTA FINANCIAL HOLDING CO 0.14%TIM PARTICIPACOES SA 0.13%AK TRANSNEFT OAO-PREF 0.13%US TBILL 9/18/2014 0.13%CHINA OILFIELD SERVICES-H 0.13%SAPURAKENCANA PETROLEUM BHD 0.12%PHILIPPINES PESO 0.12%TAIWAN CEMENT 0.11%GROWTHPOINT PROPERTIES LTD 0.11%CHINA AGRI-INDUSTRIES HLDGS 0.11%GERDAU SA-PREF 0.11%SIMPLO TECHNOLOGY CO LTD 0.11%NEDBANK GROUP LTD 0.10%PTT GLOBAL CHEMICAL PCL-FOR 0.10%CEZ AS 0.10%SBERBANK-SPONSORED ADR 0.10%PRESIDENT CHAIN STORE CORP 0.10%HONG LEONG FINANCIAL GROUP 0.10%BANCO SANTANDER CHILE 0.09%SILICONWARE PRECISION INDS 0.09%MMC NORILSK NICKEL OJSC 0.09%KIMBERLY-CLARK DE MEXICO-A 0.09%SURGUTNEFTEGAS-SP ADR 0.09%INOTERA MEMORIES INC 0.09%TWQ4 MSCI TAIWAN INDEX 9/15/2014 0.09%LIFE HEALTHCARE GROUP HOLDI 0.09%RMB HOLDINGS LTD 0.08%UNIVERSAL ROBINA CORP 0.08%AU OPTRONICS CORP 0.08%ALMACENES EXITO SA 0.08%UNITED TRACTORS TBK PT 0.08%CHINA EVERBRIGHT INTL LTD 0.08%GRUPO CARSO SAB DE CV-SER A 0.07%MEDICLINIC INTERNATIONAL LT 0.07%CITIC PACIFIC LTD 0.07%SHIMAO PROPERTY HOLDINGS LT 0.07%BANK ZACHODNI WBK SA 0.07%BANK MILLENNIUM SA 0.07%JIANGXI COPPER CO LTD-H 0.07%SINO-OCEAN LAND HOLDINGS 0.07%HYUNDAI WIA CORP 0.06%KCC CORP 0.06%MEGAFON-REG S GDR 0.06%RELIANCE INFRASTRUCTURE-GDR 0.06%INDOFOOD SUKSES MAKMUR TBK 0.06%KLABIN SA - UNIT 0.06%KT CORP 0.05%LIBERTY HOLDINGS LTD 0.05%KRUNG THAI BANK PUB CO-FORE 0.05%AST Portfolio Holdings465 of 635

AST QMA Emerging Markets Equity Portfolio (continued)Security% of PortfolioALFA S.A.B.-A 0.05%BANK HANDLOWY W WARSZAWIE S 0.05%ORANGE POLSKA SA 0.05%UMW HOLDINGS BHD 0.05%SOUTHERN COPPER CORP 0.05%MATAHARI DEPARTMENT STORE T 0.05%TRUE CORP PCL-FOREIGN 0.05%IJM CORP BHD 0.05%DUBAI FINANCIAL MARKET 0.04%ROSTELECOM 0.04%METALURGICA GERDAU SA-PREF 0.04%CHINA RAILWAY CONSTRUCTION- 0.04%VODAFONE QATAR 0.04%BTS GROUP HOLDINGS PCL 0.04%B2W COM GLOBAL DO VAREJO 0.04%CIA CERVECERIAS UNIDAS SA 0.04%JOLLIBEE FOODS CORPORATION 0.04%YINGDE GASES GROUP CO LTD 0.04%POLY PROPERTY GROUP CO LTD 0.04%CORP FINANCIERA COLOMBIANA 0.04%ANTA SPORTS PRODUCTS LTD 0.04%ZIJIN MINING GROUP CO LTD-H 0.03%ADARO ENERGY TBK PT 0.03%AGUAS ANDINAS SA-A 0.03%CZECH KORUNA 0.03%DATANG INTL POWER GEN CO-H 0.03%POLAND ZLOTY 0.03%CHINA RESOURCES CEMENT 0.03%FOLLI FOLLIE SA 0.03%KINGBOARD CHEMICAL HOLDINGS 0.03%SHANGHAI ELECTRIC GRP CO L- 0.03%CHONGQING RURAL COMMERCIAL- 0.03%EMBOTELLADORA ANDINA-PREF B 0.03%NATURA COSMETICOS SA 0.03%ENKA INSAAT VE SANAYI AS 0.03%YUEXIU PROPERTY CO LTD 0.03%DUBAI ISLAMIC BANK 0.03%VINA CONCHA Y TORO SA 0.03%GRUPO AVAL ACCIONES-PF 0.03%ROSNEFT OAO 0.02%CHINA INTERNATIONAL MARINE- 0.02%GRUPO COMERCIAL CHEDRAUI SA 0.02%BARWA REAL ESTATE CO 0.02%SINOPEC SHANGHAI PETROCHEM- 0.02%ENEA SA 0.02%SHUI ON LAND LTD 0.02%ZHEN DING TECHNOLOGY HOLDIN 0.02%BBMG CORPORATION-H 0.02%DOOSAN CORP 0.02%ASTRA AGRO LESTARI TBK PT 0.02%TRANSMISSORA ALIANCA DE-UNI 0.02%AES TIETE SA-PREF 0.02%UNILEVER INDONESIA TBK PT 0.02%CHINA STATE CONSTRUCTION IN 0.02%Security% of PortfolioBRASKEM SA-PREF A 0.02%MEXICAN PESO 0.02%SOUTH AFRICAN RAN 0.01%HUNGARIAN FORINT 0.01%TRUE CORP - RIGHTS 0.01%S SPOT ZAR 8/01/2014 < 0.01%S SPOT TRL 8/01/2014 < 0.01%S SPOT ZAR 8/05/2014 < 0.01%S SPOT MYR 8/01/2014 < 0.01%S SPOT MYR 8/01/2014 < 0.01%EUROPEAN CURRENCY < 0.01%S SPOT MYR 8/01/2014 < 0.01%S SPOT PLZ 8/01/2014 < 0.01%S SPOT MXP 8/01/2014 < 0.01%S SPOT MXP 8/04/2014 < 0.01%S SPOT THB 8/01/2014 < 0.01%L SPOT HK 8/01/2014 < 0.01%S SPOT MYR 8/01/2014 < 0.01%TAIWAN DOLLAR < 0.01%L SPOT HK 8/04/2014 < 0.01%L SPOT MYR 8/01/2014 < 0.01%L SPOT MYR 8/01/2014 < 0.01%L SPOT MYR 8/01/2014 < 0.01%L SPOT HUF 2 8/01/2014 < 0.01%L SPOT ZAR 8/04/2014 < 0.01%AST Portfolio Holdings466 of 635

AST QMA Large-Cap PortfolioSecurity% of PortfolioAPPLE INC 3.28%EXXON MOBIL CORP 3.00%JOHNSON & JOHNSON 2.19%GENERAL ELECTRIC CO 2.15%ORACLE CORP 1.73%MICROSOFT CORP 1.70%PFIZER INC 1.65%INTEL CORP 1.64%FACEBOOK INC-A 1.59%PEPSICO INC 1.57%ESU4 S&P 500 EMINI FUT 9/24/2014 1.54%PRUDENTIAL CORE INVESTMENT 1.46%CITIGROUP INC 1.42%QUALCOMM INC 1.42%WALT DISNEY CO/THE 1.38%WAL-MART STORES INC 1.37%BIOGEN IDEC INC 1.30%CONOCOPHILLIPS 1.26%UNION PACIFIC CORP 1.18%HEWLETT-PACKARD CO 1.17%NORTHROP GRUMMAN CORP 1.11%GOOGLE INC-CL C 1.10%CISCO SYSTEMS INC 1.08%KROGER CO 1.08%GOOGLE INC-CL A 1.06%LYONDELLBASELL INDU-CL A 1.06%EOG RESOURCES INC 1.05%MACY'S INC 1.00%ABBOTT LABORATORIES 0.97%ALLERGAN INC 0.97%CHEVRON CORP 0.97%EMERSON ELECTRIC CO 0.96%MCDONALD'S CORP 0.96%TRAVELERS COS INC/THE 0.96%WELLS FARGO & CO 0.93%BRISTOL-MYERS SQUIBB CO 0.92%GOLDMAN SACHS GROUP INC 0.88%BEST BUY CO INC 0.88%BAKER HUGHES INC 0.86%DOW CHEMICAL CO/THE 0.86%DUKE ENERGY CORP 0.85%WELLPOINT INC 0.82%RAYTHEON COMPANY 0.82%AT&T INC 0.82%ALEXION PHARMACEUTICALS INC 0.81%VERIZON COMMUNICATIONS INC 0.79%JPMORGAN CHASE & CO 0.79%AFLAC INC 0.77%TYSON FOODS INC-CL A 0.77%TEXAS INSTRUMENTS INC 0.77%DISCOVER FINANCIAL SERVICES 0.76%MICHAEL KORS HOLDINGS LTD 0.76%SYMANTEC CORP 0.74%BED BATH & BEYOND INC 0.73%Security% of PortfolioGILEAD SCIENCES INC 0.71%BLACKROCK INC 0.71%MARATHON PETROLEUM CORP 0.70%GAP INC/THE 0.67%AMGEN INC 0.66%ILLINOIS TOOL WORKS 0.66%EXPRESS SCRIPTS HOLDING CO 0.63%VALERO ENERGY CORP 0.60%WYNDHAM WORLDWIDE CORP 0.59%FEDEX CORP 0.55%CIGNA CORP 0.55%NORFOLK SOUTHERN CORP 0.54%PARKER HANNIFIN CORP 0.54%T ROWE PRICE GROUP INC 0.53%CBRE GROUP INC - A 0.52%PROCTER & GAMBLE CO/THE 0.52%AMERIPRISE FINANCIAL INC 0.51%BERKSHIRE HATHAWAY INC-CL B 0.50%PARTNERRE LTD 0.50%PHILIP MORRIS INTERNATIONAL 0.50%PNC FINANCIAL SERVICES GROU 0.49%MONSTER BEVERAGE CORP 0.48%KEYCORP 0.47%WESTLAKE CHEMICAL CORP 0.46%ROSS STORES INC 0.44%COMCAST CORP-CLASS A 0.43%FRANKLIN RESOURCES INC 0.42%KIMBERLY-CLARK CORP 0.42%COGNIZANT TECH SOLUTIONS-A 0.39%SOUTHWEST AIRLINES CO 0.39%PPG INDUSTRIES INC 0.39%AES CORP 0.37%BECTON DICKINSON AND CO 0.37%FISERV INC 0.37%ACTAVIS PLC 0.36%FOOT LOCKER INC 0.36%INTL BUSINESS MACHINES CORP 0.36%ALCOA INC 0.36%DIRECTV 0.35%KINDER MORGAN INC 0.34%JONES LANG LASALLE INC 0.33%PUBLIC SERVICE ENTERPRISE G 0.32%ENTERGY CORP 0.32%DST SYSTEMS INC 0.30%BANK OF AMERICA CORP 0.30%ANADARKO PETROLEUM CORP 0.30%PPL CORPORATION 0.30%HARRIS CORP 0.29%UNITED TECHNOLOGIES CORP 0.28%CSX CORP 0.27%AETNA INC 0.27%CA INC 0.27%EXELON CORP 0.26%CERNER CORP 0.26%AST Portfolio Holdings467 of 635

AST QMA Large-Cap Portfolio (continued)Security% of PortfolioPHILLIPS 66 0.25%AGL RESOURCES INC 0.25%CELGENE CORP 0.25%CONTINENTAL RESOURCES INC/O 0.24%EQT CORP 0.24%SOUTHERN COPPER CORP 0.24%HESS CORP 0.24%TJX COMPANIES INC 0.24%CHESAPEAKE ENERGY CORP 0.24%MERCK & CO. INC. 0.23%ABBVIE INC 0.23%L-3 COMMUNICATIONS HOLDINGS 0.23%OSHKOSH CORP 0.23%YUM! BRANDS INC 0.22%SMITH (A.O.) CORP 0.22%SKYWORKS SOLUTIONS INC 0.21%COCA-COLA ENTERPRISES 0.21%HELMERICH & PAYNE 0.21%KELLOGG CO 0.21%REGIONS FINANCIAL CORP 0.20%PROLOGIS INC 0.19%HOSPITALITY PROPERTIES TRUS 0.19%BROADRIDGE FINANCIAL SOLUTI 0.18%CR BARD INC 0.18%FIRST NIAGARA FINANCIAL GRP 0.17%ANNALY CAPITAL MANAGEMENT I 0.17%THOR INDUSTRIES INC 0.17%LOCKHEED MARTIN CORP 0.17%AMERICAN TOWER CORP 0.16%ARCHER-DANIELS-MIDLAND CO 0.16%HEXCEL CORP 0.16%BUNGE LTD 0.16%APACHE CORP 0.16%CAREFUSION CORP 0.16%RAYMOND JAMES FINANCIAL INC 0.15%UNUM GROUP 0.15%PIONEER NATURAL RESOURCES C 0.15%DILLARDS INC-CL A 0.14%JOHNSON CONTROLS INC 0.14%CUMMINS INC 0.14%WHIRLPOOL CORP 0.14%COMPASS MINERALS INTERNATIO 0.14%JACK IN THE BOX INC 0.14%AMERICAN ELECTRIC POWER 0.14%AMERICAN FINANCIAL GROUP IN 0.13%ASSURED GUARANTY LTD 0.13%MANHATTAN ASSOCIATES INC 0.13%VENTAS INC 0.12%SYNTEL INC 0.11%DOMINION RESOURCES INC/VA 0.11%ENERSYS 0.11%HUNTINGTON INGALLS INDUSTRI 0.10%CIT GROUP INC 0.10%SANDERSON FARMS INC 0.10%Security% of PortfolioUGI CORP 0.10%FULTON FINANCIAL CORP 0.09%INTL FLAVORS & FRAGRANCES 0.09%IDEX CORP 0.09%IGATE CORP 0.09%ALASKA AIR GROUP INC 0.09%SEI INVESTMENTS COMPANY 0.08%MARRIOTT VACATIONS WORLD 0.08%CARLISLE COS INC 0.08%US T BILL .0250% 9/18/2014 0.08%ANSYS INC 0.08%WESTERN DIGITAL CORP 0.07%INGRAM MICRO INC-CL A 0.07%DEVRY EDUCATION GROUP INC 0.06%AARON'S INC 0.06%POPULAR INC 0.06%TIME WARNER INC 0.06%GENPACT LTD 0.06%CHAMBERS STREET PROPERTIES 0.06%FRANKLIN STREET PROPERTIES 0.05%AMETEK INC 0.05%MARATHON OIL CORP 0.05%JANUS CAPITAL GROUP INC 0.05%MRC GLOBAL INC 0.05%CVS CAREMARK CORP 0.04%UNITED PARCEL SERVICE-CL B 0.04%UNITED RENTALS INC 0.04%AMERICAN CAMPUS COMMUNITIES 0.03%GENERAL GROWTH PROPERTIES 0.03%SCANA CORP 0.03%STEVEN MADDEN LTD 0.03%TORO CO 0.03%HYSTER-YALE MATERIALS 0.03%STARZ - A 0.02%US T BILL 0.0252 9/18/2014 0.01%US T BILL 0.0252 9/18/2014 0.01%SEVENTY SEVEN ENERGY INC < 0.01%AST Portfolio Holdings468 of 635

AST QMA Large-Cap PortfolioSecurity% of PortfolioAPPLE INC 3.28%EXXON MOBIL CORP 3.00%JOHNSON & JOHNSON 2.19%GENERAL ELECTRIC CO 2.15%ORACLE CORP 1.73%MICROSOFT CORP 1.70%PFIZER INC 1.65%INTEL CORP 1.64%FACEBOOK INC-A 1.59%PEPSICO INC 1.57%ESU4 S&P 500 EMINI FUT 9/24/2014 1.54%PRUDENTIAL CORE INVESTMENT 1.46%CITIGROUP INC 1.42%QUALCOMM INC 1.42%WALT DISNEY CO/THE 1.38%WAL-MART STORES INC 1.37%BIOGEN IDEC INC 1.30%CONOCOPHILLIPS 1.26%UNION PACIFIC CORP 1.18%HEWLETT-PACKARD CO 1.17%NORTHROP GRUMMAN CORP 1.11%GOOGLE INC-CL C 1.10%CISCO SYSTEMS INC 1.08%KROGER CO 1.08%GOOGLE INC-CL A 1.06%LYONDELLBASELL INDU-CL A 1.06%EOG RESOURCES INC 1.05%MACY'S INC 1.00%ABBOTT LABORATORIES 0.97%ALLERGAN INC 0.97%CHEVRON CORP 0.97%EMERSON ELECTRIC CO 0.96%MCDONALD'S CORP 0.96%TRAVELERS COS INC/THE 0.96%WELLS FARGO & CO 0.93%BRISTOL-MYERS SQUIBB CO 0.92%GOLDMAN SACHS GROUP INC 0.88%BEST BUY CO INC 0.88%BAKER HUGHES INC 0.86%DOW CHEMICAL CO/THE 0.86%DUKE ENERGY CORP 0.85%WELLPOINT INC 0.82%RAYTHEON COMPANY 0.82%AT&T INC 0.82%ALEXION PHARMACEUTICALS INC 0.81%VERIZON COMMUNICATIONS INC 0.79%JPMORGAN CHASE & CO 0.79%AFLAC INC 0.77%TYSON FOODS INC-CL A 0.77%TEXAS INSTRUMENTS INC 0.77%DISCOVER FINANCIAL SERVICES 0.76%MICHAEL KORS HOLDINGS LTD 0.76%SYMANTEC CORP 0.74%BED BATH & BEYOND INC 0.73%Security% of PortfolioGILEAD SCIENCES INC 0.71%BLACKROCK INC 0.71%MARATHON PETROLEUM CORP 0.70%GAP INC/THE 0.67%AMGEN INC 0.66%ILLINOIS TOOL WORKS 0.66%EXPRESS SCRIPTS HOLDING CO 0.63%VALERO ENERGY CORP 0.60%WYNDHAM WORLDWIDE CORP 0.59%FEDEX CORP 0.55%CIGNA CORP 0.55%NORFOLK SOUTHERN CORP 0.54%PARKER HANNIFIN CORP 0.54%T ROWE PRICE GROUP INC 0.53%CBRE GROUP INC - A 0.52%PROCTER & GAMBLE CO/THE 0.52%AMERIPRISE FINANCIAL INC 0.51%BERKSHIRE HATHAWAY INC-CL B 0.50%PARTNERRE LTD 0.50%PHILIP MORRIS INTERNATIONAL 0.50%PNC FINANCIAL SERVICES GROU 0.49%MONSTER BEVERAGE CORP 0.48%KEYCORP 0.47%WESTLAKE CHEMICAL CORP 0.46%ROSS STORES INC 0.44%COMCAST CORP-CLASS A 0.43%FRANKLIN RESOURCES INC 0.42%KIMBERLY-CLARK CORP 0.42%COGNIZANT TECH SOLUTIONS-A 0.39%SOUTHWEST AIRLINES CO 0.39%PPG INDUSTRIES INC 0.39%AES CORP 0.37%BECTON DICKINSON AND CO 0.37%FISERV INC 0.37%ACTAVIS PLC 0.36%FOOT LOCKER INC 0.36%INTL BUSINESS MACHINES CORP 0.36%ALCOA INC 0.36%DIRECTV 0.35%KINDER MORGAN INC 0.34%JONES LANG LASALLE INC 0.33%PUBLIC SERVICE ENTERPRISE G 0.32%ENTERGY CORP 0.32%DST SYSTEMS INC 0.30%BANK OF AMERICA CORP 0.30%ANADARKO PETROLEUM CORP 0.30%PPL CORPORATION 0.30%HARRIS CORP 0.29%UNITED TECHNOLOGIES CORP 0.28%CSX CORP 0.27%AETNA INC 0.27%CA INC 0.27%EXELON CORP 0.26%CERNER CORP 0.26%AST Portfolio Holdings469 of 635

AST QMA Large-Cap Portfolio (continued)Security% of PortfolioPHILLIPS 66 0.25%AGL RESOURCES INC 0.25%CELGENE CORP 0.25%CONTINENTAL RESOURCES INC/O 0.24%EQT CORP 0.24%SOUTHERN COPPER CORP 0.24%HESS CORP 0.24%TJX COMPANIES INC 0.24%CHESAPEAKE ENERGY CORP 0.24%MERCK & CO. INC. 0.23%ABBVIE INC 0.23%L-3 COMMUNICATIONS HOLDINGS 0.23%OSHKOSH CORP 0.23%YUM! BRANDS INC 0.22%SMITH (A.O.) CORP 0.22%SKYWORKS SOLUTIONS INC 0.21%COCA-COLA ENTERPRISES 0.21%HELMERICH & PAYNE 0.21%KELLOGG CO 0.21%REGIONS FINANCIAL CORP 0.20%PROLOGIS INC 0.19%HOSPITALITY PROPERTIES TRUS 0.19%BROADRIDGE FINANCIAL SOLUTI 0.18%CR BARD INC 0.18%FIRST NIAGARA FINANCIAL GRP 0.17%ANNALY CAPITAL MANAGEMENT I 0.17%THOR INDUSTRIES INC 0.17%LOCKHEED MARTIN CORP 0.17%AMERICAN TOWER CORP 0.16%ARCHER-DANIELS-MIDLAND CO 0.16%HEXCEL CORP 0.16%BUNGE LTD 0.16%APACHE CORP 0.16%CAREFUSION CORP 0.16%RAYMOND JAMES FINANCIAL INC 0.15%UNUM GROUP 0.15%PIONEER NATURAL RESOURCES C 0.15%DILLARDS INC-CL A 0.14%JOHNSON CONTROLS INC 0.14%CUMMINS INC 0.14%WHIRLPOOL CORP 0.14%COMPASS MINERALS INTERNATIO 0.14%JACK IN THE BOX INC 0.14%AMERICAN ELECTRIC POWER 0.14%AMERICAN FINANCIAL GROUP IN 0.13%ASSURED GUARANTY LTD 0.13%MANHATTAN ASSOCIATES INC 0.13%VENTAS INC 0.12%SYNTEL INC 0.11%DOMINION RESOURCES INC/VA 0.11%ENERSYS 0.11%HUNTINGTON INGALLS INDUSTRI 0.10%CIT GROUP INC 0.10%SANDERSON FARMS INC 0.10%Security% of PortfolioUGI CORP 0.10%FULTON FINANCIAL CORP 0.09%INTL FLAVORS & FRAGRANCES 0.09%IDEX CORP 0.09%IGATE CORP 0.09%ALASKA AIR GROUP INC 0.09%SEI INVESTMENTS COMPANY 0.08%MARRIOTT VACATIONS WORLD 0.08%CARLISLE COS INC 0.08%US T BILL .0250% 9/18/2014 0.08%ANSYS INC 0.08%WESTERN DIGITAL CORP 0.07%INGRAM MICRO INC-CL A 0.07%DEVRY EDUCATION GROUP INC 0.06%AARON'S INC 0.06%POPULAR INC 0.06%TIME WARNER INC 0.06%GENPACT LTD 0.06%CHAMBERS STREET PROPERTIES 0.06%FRANKLIN STREET PROPERTIES 0.05%AMETEK INC 0.05%MARATHON OIL CORP 0.05%JANUS CAPITAL GROUP INC 0.05%MRC GLOBAL INC 0.05%CVS CAREMARK CORP 0.04%UNITED PARCEL SERVICE-CL B 0.04%UNITED RENTALS INC 0.04%AMERICAN CAMPUS COMMUNITIES 0.03%GENERAL GROWTH PROPERTIES 0.03%SCANA CORP 0.03%STEVEN MADDEN LTD 0.03%TORO CO 0.03%HYSTER-YALE MATERIALS 0.03%STARZ - A 0.02%US T BILL 0.0252 9/18/2014 0.01%US T BILL 0.0252 9/18/2014 0.01%SEVENTY SEVEN ENERGY INC < 0.01%AST Portfolio Holdings470 of 635

AST QMA US Equity Alpha PortfolioSecurity% of PortfolioAPPLE INC 2.82%EXXON MOBIL CORP 2.07%PRUDENTIAL CORE INVESTMENT 2.03%ESU4 S&P 500 EMINI FUT 9/24/2014 1.92%MICROSOFT CORP 1.76%GENERAL ELECTRIC CO 1.46%JOHNSON & JOHNSON 1.45%ORACLE CORP 1.31%FACEBOOK INC-A 1.25%GILEAD SCIENCES INC 1.18%CITIGROUP INC 1.17%QUALCOMM INC 1.17%PEPSICO INC 1.12%PFIZER INC 1.05%INTEL CORP 1.05%HEWLETT-PACKARD CO 1.04%CHEVRON CORP 1.02%UNION PACIFIC CORP 1.01%WELLS FARGO & CO 1.01%CISCO SYSTEMS INC 0.99%BIOGEN IDEC INC 0.99%WALT DISNEY CO/THE 0.99%GOOGLE INC-CL A 0.95%MCDONALD'S CORP 0.95%CONOCOPHILLIPS 0.92%JPMORGAN CHASE & CO 0.88%COMCAST CORP-CLASS A 0.88%ABBOTT LABORATORIES 0.85%WAL-MART STORES INC 0.83%AMGEN INC 0.82%EOG RESOURCES INC 0.81%AT&T INC 0.80%NORTHROP GRUMMAN CORP 0.79%GOOGLE INC-CL C 0.79%LYONDELLBASELL INDU-CL A 0.78%EXPRESS SCRIPTS HOLDING CO 0.78%SKYWORKS SOLUTIONS INC 0.76%ALLERGAN INC 0.72%AMERICAN TOWER CORP 0.69%FEDEX CORP 0.69%CELGENE CORP 0.68%KROGER CO 0.67%TEXAS INSTRUMENTS INC 0.67%WESTLAKE CHEMICAL CORP 0.66%BAKER HUGHES INC 0.65%ALCOA INC 0.65%BRISTOL-MYERS SQUIBB CO 0.64%ALEXION PHARMACEUTICALS INC 0.63%SOUTHWEST AIRLINES CO 0.63%MERCK & CO. INC. 0.62%DUKE ENERGY CORP 0.62%TIME WARNER INC 0.62%WELLPOINT INC 0.61%MICHAEL KORS HOLDINGS LTD 0.61%Security% of PortfolioCERNER CORP 0.60%BEST BUY CO INC 0.60%AFLAC INC 0.60%PPL CORPORATION 0.59%MACY'S INC 0.59%EMERSON ELECTRIC CO 0.59%JONES LANG LASALLE INC 0.57%PROCTER & GAMBLE CO/THE 0.57%ROSS STORES INC 0.57%AVAGO TECHNOLOGIES LTD 0.56%ALASKA AIR GROUP INC 0.56%VERIZON COMMUNICATIONS INC 0.56%AETNA INC 0.55%DILLARDS INC-CL A 0.55%WYNDHAM WORLDWIDE CORP 0.54%UNITED PARCEL SERVICE-CL B 0.53%GAP INC/THE 0.53%CHESAPEAKE ENERGY CORP 0.52%TWENTY-FIRST CENTURY FOX-A 0.52%TYSON FOODS INC-CL A 0.52%ILLINOIS TOOL WORKS 0.52%BANK OF AMERICA CORP 0.52%KEYCORP 0.52%HELMERICH & PAYNE 0.52%ACTAVIS PLC 0.51%SM ENERGY CO 0.51%AES CORP 0.51%FOOT LOCKER INC 0.51%INTEGRATED DEVICE TECH INC 0.51%BUNGE LTD 0.51%EQT CORP 0.51%PROLOGIS INC 0.51%HUNTINGTON INGALLS INDUSTRI 0.50%PARTNERRE LTD 0.50%ANSYS INC 0.50%MONSTER BEVERAGE CORP 0.49%SYMANTEC CORP 0.49%HEALTH NET INC 0.49%ANADARKO PETROLEUM CORP 0.49%RAYTHEON COMPANY 0.48%DST SYSTEMS INC 0.48%DIRECTV 0.48%BERKSHIRE HATHAWAY INC-CL B 0.48%KIMBERLY-CLARK CORP 0.48%BLACKROCK INC 0.47%SMITH (A.O.) CORP 0.46%INGRAM MICRO INC-CL A 0.45%OSHKOSH CORP 0.45%NORFOLK SOUTHERN CORP 0.45%CONSOL ENERGY INC 0.45%CA INC 0.44%CIGNA CORP 0.44%SPIRIT AEROSYSTEMS HOLD-CL 0.44%INTL BUSINESS MACHINES CORP 0.44%AST Portfolio Holdings471 of 635

AST QMA US Equity Alpha Portfolio (continued)Security% of PortfolioAGL RESOURCES INC 0.44%COCA-COLA ENTERPRISES 0.43%AMERICAN FINANCIAL GROUP IN 0.43%HEXCEL CORP 0.43%TRAVELERS COS INC/THE 0.43%CSX CORP 0.42%VALERO ENERGY CORP 0.42%ENTERGY CORP 0.42%REGIONS FINANCIAL CORP 0.42%CONTINENTAL RESOURCES INC/O 0.41%SCHLUMBERGER LTD 0.41%CVS CAREMARK CORP 0.41%AMETEK INC 0.41%KELLOGG CO 0.41%ARCHER-DANIELS-MIDLAND CO 0.40%CBOE HOLDINGS INC 0.39%HOSPITALITY PROPERTIES TRUS 0.39%METTLER-TOLEDO INTERNATIONA 0.39%CR BARD INC 0.39%TARGA RESOURCES CORP 0.39%ENERSYS 0.39%CAREFUSION CORP 0.38%FIRST NIAGARA FINANCIAL GRP 0.38%JACK IN THE BOX INC 0.37%FRANKLIN RESOURCES INC 0.37%OCCIDENTAL PETROLEUM CORP 0.36%OLD DOMINION FREIGHT LINE 0.36%UNIVERSAL HEALTH SERVICES-B 0.36%IDEX CORP 0.35%PPG INDUSTRIES INC 0.35%KINDER MORGAN INC 0.35%THOR INDUSTRIES INC 0.35%SANDERSON FARMS INC 0.35%PUBLIC SERVICE ENTERPRISE G 0.34%AMERICAN CAPITAL AGENCY COR 0.34%GOLDMAN SACHS GROUP INC 0.33%MARATHON PETROLEUM CORP 0.33%LOWE'S COS INC 0.33%WADDELL & REED FINANCIAL-A 0.32%SOUTHERN COPPER CORP 0.32%POLARIS INDUSTRIES INC 0.32%AVNET INC 0.32%COGNIZANT TECH SOLUTIONS-A 0.32%LANNETT CO INC 0.32%BROADRIDGE FINANCIAL SOLUTI 0.31%STEVEN MADDEN LTD 0.31%RAYMOND JAMES FINANCIAL INC 0.31%PHILIP MORRIS INTERNATIONAL 0.30%PARKER HANNIFIN CORP 0.30%CHICAGO BRIDGE & IRON CO NV 0.30%ASSURED GUARANTY LTD 0.30%PTC INC 0.29%MANHATTAN ASSOCIATES INC 0.28%COMPASS MINERALS INTERNATIO 0.28%Security% of PortfolioCBRE GROUP INC - A 0.28%LAZARD LTD-CL A 0.27%AKORN INC 0.27%LIGAND PHARMACEUTICALS 0.27%PIONEER NATURAL RESOURCES C 0.27%DELUXE CORP 0.27%MRC GLOBAL INC 0.27%T ROWE PRICE GROUP INC 0.27%HELIX ENERGY SOLUTIONS GROU 0.26%FAU4 S&P MID 400 EMINI 9/24/2014 0.26%BORGWARNER INC 0.26%BOSTON SCIENTIFIC CORP 0.26%SYNOPSYS INC 0.25%ABBVIE INC 0.25%UNITEDHEALTH GROUP INC 0.25%PANERA BREAD COMPANY-CLASS 0.25%COPA HOLDINGS SA-CLASS A 0.25%ONEOK INC 0.25%SS&C TECHNOLOGIES HOLDINGS 0.24%CARLISLE COS INC 0.24%TENNECO INC 0.24%BECTON DICKINSON AND CO 0.24%SOLERA HOLDINGS INC 0.23%EXELON CORP 0.23%HARSCO CORP 0.23%DOMINION RESOURCES INC/VA 0.23%INTL FLAVORS & FRAGRANCES 0.23%UNUM GROUP 0.23%STARZ - A 0.23%MARRIOTT VACATIONS WORLD 0.22%SEI INVESTMENTS COMPANY 0.22%DISCOVER FINANCIAL SERVICES 0.22%AARON'S INC 0.22%HARRIS CORP 0.21%UNITED RENTALS INC 0.21%WESTERN DIGITAL CORP 0.21%GENPACT LTD 0.21%L-3 COMMUNICATIONS HOLDINGS 0.21%CARTER'S INC 0.21%LOCKHEED MARTIN CORP 0.20%HSN INC 0.20%IGATE CORP 0.20%UNITED THERAPEUTICS CORP 0.20%CHARLES RIVER LABORATORIES 0.20%TJX COMPANIES INC 0.20%SYNTEL INC 0.20%POPULAR INC 0.20%MANPOWERGROUP INC 0.20%ELI LILLY & CO 0.20%CIT GROUP INC 0.19%INTUIT INC 0.19%LOGMEIN INC 0.19%WHITEWAVE FOODS CO 0.19%NU SKIN ENTERPRISES INC - A 0.19%AST Portfolio Holdings472 of 635

AST QMA US Equity Alpha Portfolio (continued)Security% of PortfolioAMERCO 0.19%JOHNSON CONTROLS INC 0.19%COMMSCOPE HOLDING CO INC 0.18%AMERIPRISE FINANCIAL INC 0.18%VF CORP 0.18%CELANESE CORP-SERIES A 0.18%HILL-ROM HOLDINGS INC 0.18%CINEMARK HOLDINGS INC 0.18%LIBERTY VENTURES - SER A 0.18%DSW INC-CLASS A 0.18%TORO CO 0.18%ALTRIA GROUP INC 0.18%NOBLE ENERGY INC 0.17%JUNIPER NETWORKS INC 0.17%ST JUDE MEDICAL INC 0.17%UGI CORP 0.17%BUFFALO WILD WINGS INC 0.17%DOW CHEMICAL CO/THE 0.16%GENTEX CORP 0.16%IAC/INTERACTIVECORP 0.16%FULTON FINANCIAL CORP 0.16%GLOBUS MEDICAL INC - A 0.16%RPC INC 0.16%TRINITY INDUSTRIES INC 0.15%BIG LOTS INC 0.15%RELIANCE STEEL & ALUMINUM 0.14%CHAMBERS STREET PROPERTIES 0.14%FISERV INC 0.14%HOLOGIC INC 0.14%APACHE CORP 0.14%INTERSIL CORP-A 0.14%WORTHINGTON INDUSTRIES 0.14%AEGERION PHARMACEUTICALS IN 0.14%CAMDEN PROPERTY TRUST 0.14%NELNET INC-CL A 0.13%US T BILLS .025% 9/18/2014 0.13%THOMSON REUTERS CORP 0.13%LATTICE SEMICONDUCTOR CORP 0.13%UNITED TECHNOLOGIES CORP 0.13%PNC FINANCIAL SERVICES GROU 0.13%LAM RESEARCH CORP 0.13%JANUS CAPITAL GROUP INC 0.13%AVG TECHNOLOGIES 0.13%ACCENTURE PLC-CL A 0.13%BED BATH & BEYOND INC 0.13%PEGASYSTEMS INC 0.12%CAL-MAINE FOODS INC 0.12%GLOBE SPECIALTY METALS INC 0.12%CUMMINS INC 0.12%NETSCOUT SYSTEMS INC 0.12%ASPEN TECHNOLOGY INC 0.12%CYTEC INDUSTRIES INC 0.11%TEXAS ROADHOUSE INC 0.11%GENERAL GROWTH PROPERTIES 0.11%Security% of PortfolioFRANKLIN STREET PROPERTIES 0.11%INFORMATICA CORP 0.11%PROGRESS SOFTWARE CORP 0.11%ENERGY XXI BERMUDA 0.11%INVESCO MORTGAGE CAPITAL 0.11%OMNICELL INC 0.11%LEAR CORP 0.10%WABCO HOLDINGS INC 0.10%MEREDITH CORP 0.10%EXPEDITORS INTL WASH INC 0.10%MORNINGSTAR INC 0.10%ARROW ELECTRONICS INC 0.10%AMERICAN ASSETS TRUST INC 0.10%DEVRY EDUCATION GROUP INC 0.10%NIC INC 0.10%DIODES INC 0.10%AKAMAI TECHNOLOGIES INC 0.09%VISA INC-CLASS A SHARES 0.09%FINISH LINE/THE - CL A 0.09%HESS CORP 0.09%STRATEGIC HOTELS & RESORTS 0.09%MASIMO CORPORATION 0.09%LORILLARD INC 0.09%INTELSAT SA 0.09%GRACO INC 0.09%KOPPERS HOLDINGS INC 0.09%NEWS CORP - CLASS A 0.08%SHERWIN-WILLIAMS CO/THE 0.08%FTD COS INC 0.08%AMERICAN CAMPUS COMMUNITIES 0.08%MDU RESOURCES GROUP INC 0.08%AG MORTGAGE INVESTMENT TRUS 0.08%FORUM ENERGY TECHNOLOGIES I 0.08%APOLLO RESIDENTIAL MORTGAGE 0.08%CABOT OIL & GAS CORP 0.08%LAREDO PETROLEUM INC 0.08%TRIPADVISOR INC 0.08%DINEEQUITY INC 0.08%INTELIQUENT INC 0.08%WEST PHARMACEUTICAL SERVICE 0.08%COCA-COLA CO/THE 0.08%INSIGHT ENTERPRISES INC 0.07%UNIT CORP 0.07%MCGRAW HILL FINANCIAL INC 0.07%CNA FINANCIAL CORP 0.07%RESOURCE CAPITAL CORP 0.07%EXLSERVICE HOLDINGS INC 0.07%MUELLER INDUSTRIES INC 0.07%NETAPP INC 0.07%BOOZ ALLEN HAMILTON HOLDING 0.07%AMERICAN CAPITAL MORTGAGE I 0.07%BAXTER INTERNATIONAL INC 0.07%FAIR ISAAC CORP 0.06%WHIRLPOOL CORP 0.06%AST Portfolio Holdings473 of 635

AST QMA US Equity Alpha Portfolio (continued)Security% of PortfolioTRUEBLUE INC 0.06%BRISTOW GROUP INC 0.06%HYSTER-YALE MATERIALS 0.06%PIPER JAFFRAY COS 0.06%MKS INSTRUMENTS INC 0.06%F5 NETWORKS INC 0.06%SCANSOURCE INC 0.06%MERITOR INC 0.06%EDISON INTERNATIONAL 0.06%KULICKE & SOFFA INDUSTRIES 0.06%HCC INSURANCE HOLDINGS INC 0.06%DTE ENERGY COMPANY 0.05%PATRICK INDUSTRIES INC 0.05%PERFORMANT FINANCIAL CORP 0.05%YUM! BRANDS INC 0.05%TECHNE CORP 0.05%STERIS CORP 0.05%PAREXEL INTERNATIONAL CORP 0.05%STEELCASE INC-CL A 0.05%SILICON IMAGE INC 0.05%HAVERTY FURNITURE 0.05%NAVIGATORS GROUP INC 0.05%PHARMACYCLICS INC 0.05%FUTUREFUEL CORP 0.05%BLOUNT INTERNATIONAL INC 0.05%PERFICIENT INC 0.05%UNIFIRST CORP/MA 0.04%B/E AEROSPACE INC 0.04%ULTRA CLEAN HOLDINGS INC 0.04%LA-Z-BOY INC 0.04%HOME DEPOT INC 0.04%NAVIGANT CONSULTING INC 0.04%VENTAS INC 0.04%QUESTAR CORP 0.04%CABOT MICROELECTRONICS CORP 0.04%ERA GROUP INC 0.04%INPHI CORP 0.04%RUTH'S HOSPITALITY GROUP IN 0.04%WASTE CONNECTIONS INC 0.04%VIAD CORP 0.04%STEEL DYNAMICS INC 0.04%QUINTILES TRANSNATIONAL HOL 0.04%HARMONIC INC 0.04%SONUS NETWORKS INC 0.04%VISTAPRINT NV 0.03%SHORETEL INC 0.03%AGREE REALTY CORP 0.03%SPIRIT AIRLINES INC 0.03%KIRBY CORP 0.03%SCHULMAN (A.) INC 0.03%UNIVERSAL FOREST PRODUCTS 0.03%MAXIMUS INC 0.03%SYNNEX CORP 0.03%WINNEBAGO INDUSTRIES 0.03%Security% of PortfolioPOWELL INDUSTRIES INC 0.03%ROLLINS INC 0.03%DESTINATION MATERNITY CORP 0.03%TRAVELZOO INC 0.03%ZUMIEZ INC 0.03%ATLANTIC TELE-NETWORK INC 0.02%GLOBAL CASH ACCESS HOLDINGS 0.02%WEST CORP 0.01%US T BILLS .025% 9/18/2014 0.01%REALPAGE INC -0.03%CARBO CERAMICS INC -0.03%KRATOS DEFENSE & SECURITY -0.03%GEOSPACE TECHNOLOGIES CORP -0.03%PLY GEM HOLDINGS INC -0.03%NEOGEN CORP -0.03%AMERICAN RAILCAR INDUSTRIES -0.03%POWER SOLUTIONS INTERNATION -0.03%CERUS CORP -0.03%EHEALTH INC -0.04%UMB FINANCIAL CORP -0.04%TITAN INTERNATIONAL INC -0.04%FTI CONSULTING INC -0.04%ACADIA PHARMACEUTICALS INC -0.04%GREAT LAKES DREDGE & DOCK C -0.04%FERRO CORP -0.04%GUIDEWIRE SOFTWARE INC -0.04%MONRO MUFFLER BRAKE INC -0.04%LIBERTY GLOBAL INC-A -0.04%EXTREME NETWORKS INC -0.04%NORTHSTAR REALTY FINANCE -0.04%RAMBUS INC -0.04%MWI VETERINARY SUPPLY INC -0.05%RETAIL OPPORTUNITY INVESTME -0.05%POWERSECURE INTERNATIONAL I -0.05%MEDIDATA SOLUTIONS INC -0.05%PROCERA NETWORKS INC -0.05%STAAR SURGICAL CO -0.05%MARKEL CORP -0.05%NETSUITE INC -0.05%NORTHSTAR ASSET MANAGEMENT -0.05%PRIMERICA INC -0.05%APOGEE ENTERPRISES INC -0.05%EXTERRAN HOLDINGS INC -0.05%WATTS WATER TECHNOLOGIES-A -0.05%VOCERA COMMUNICATIONS INC -0.05%CALLAWAY GOLF COMPANY -0.05%SPROUTS FARMERS MARKET INC -0.05%APPLIED OPTOELECTRONICS INC -0.05%SPECTRANETICS CORP -0.06%ALTRA INDUSTRIAL MOTION COR -0.06%BOULDER BRANDS INC -0.06%ARRAY BIOPHARMA INC -0.06%GLIMCHER REALTY TRUST -0.06%E2OPEN INC -0.06%AST Portfolio Holdings474 of 635

AST QMA US Equity Alpha Portfolio (continued)Security% of PortfolioLAMAR ADVERTISING CO-A -0.06%FIREEYE INC -0.06%AMERICAN VANGUARD CORP -0.06%KNOWLES CORP -0.06%SILICON GRAPHICS INTERNATIO -0.07%CROCS INC -0.07%SPECTRUM BRANDS HOLDINGS IN -0.07%MAXWELL TECHNOLOGIES INC -0.07%STONE ENERGY CORP -0.07%TEXAS CAPITAL BANCSHARES IN -0.07%NORTHWEST NATURAL GAS CO -0.07%GASLOG LTD -0.07%MDC HOLDINGS INC -0.07%CHANNELADVISOR CORP -0.08%UNDER ARMOUR INC-CLASS A -0.08%RESOLUTE ENERGY CORP -0.08%CYNOSURE INC-A -0.08%ROADRUNNER TRANSPORTATION S -0.08%CAMBREX CORP -0.08%MSA SAFETY INC -0.08%LIBERTY GLOBAL-C -0.08%VEECO INSTRUMENTS INC -0.08%MTS SYSTEMS CORP -0.08%BEAZER HOMES USA INC -0.08%UTI WORLDWIDE INC -0.09%AMAG PHARMACEUTICALS INC -0.09%RECEPTOS INC -0.09%CON-WAY INC -0.09%HEALTHWAYS INC -0.09%SPECTRUM PHARMACEUTICALS IN -0.09%FXCM INC-A -0.09%HEARTLAND EXPRESS INC -0.09%CAPITAL SENIOR LIVING CORP -0.09%QUIDEL CORP -0.10%AVANIR PHARMACEUTICALS INC -0.10%MOMENTA PHARMACEUTICALS INC -0.10%CORNERSTONE ONDEMAND INC -0.10%ENERNOC INC -0.10%MARSH & MCLENNAN COS -0.10%HOUGHTON MIFFLIN HARCOURT C -0.10%CALLIDUS SOFTWARE INC -0.10%NCI BUILDING SYSTEMS INC -0.10%BIOSCRIP INC -0.11%IPC THE HOSPITALIST CO -0.11%REX ENERGY CORP -0.11%PORTOLA PHARMACEUTICALS INC -0.11%ASTRONICS CORP -0.11%KYTHERA BIOPHARMACEUTICALS -0.11%QUIKSILVER INC -0.11%XPO LOGISTICS INC -0.11%HAEMONETICS CORP/MASS -0.12%SINCLAIR BROADCAST GROUP -A -0.12%DYCOM INDUSTRIES INC -0.12%ELLIE MAE INC -0.12%Security% of PortfolioTUESDAY MORNING CORP -0.12%AMC NETWORKS INC-A -0.12%RESTORATION HARDWARE HOLDIN -0.13%GRANITE CONSTRUCTION INC -0.13%TESLA MOTORS INC -0.13%HILTON WORLDWIDE HOLDINGS I -0.13%GULFPORT ENERGY CORP -0.13%APPLIED MICRO CIRCUITS CORP -0.13%HORSEHEAD HOLDING CORP -0.13%TECO ENERGY INC -0.14%ATWOOD OCEANICS INC -0.14%ULTRATECH INC -0.14%BROADSOFT INC -0.14%COMSCORE INC -0.15%MIDDLEBY CORP -0.15%POST HOLDINGS INC -0.15%LIONS GATE ENTERTAINMENT CO -0.15%FLEETMATICS GROU -0.15%ZELTIQ AESTHETICS INC -0.15%FMC CORP -0.15%GOODYEAR TIRE & RUBBER CO -0.16%PACIRA PHARMACEUTICALS INC -0.16%ROSETTA RESOURCES INC -0.16%TREX COMPANY INC -0.16%BOYD GAMING CORP -0.17%TAL INTERNATIONAL GROUP INC -0.17%PENN VIRGINIA CORP -0.17%HEALTHCARE SERVICES GROUP -0.17%AMERICAN EAGLE OUTFITTERS -0.17%HAIN CELESTIAL GROUP INC -0.18%MANITOWOC COMPANY INC -0.18%HEARTWARE INTERNATIONAL INC -0.18%SOTHEBY'S -0.18%SCORPIO TANKERS -0.18%PDC ENERGY INC -0.18%TRIANGLE PETROLEUM CORP -0.19%EXAMWORKS GROUP INC -0.19%AMERICAN AIRLINES GROUP INC -0.20%NORTHERN OIL AND GAS INC -0.20%ARMSTRONG WORLD INDUSTRIES -0.21%TWITTER INC -0.21%WRIGHT MEDICAL GROUP INC -0.22%CRAY INC -0.22%MARKETO INC -0.22%WAGEWORKS INC -0.22%OWENS CORNING -0.23%CABELA'S INC -0.23%VIASAT INC -0.23%SPANSION INC-CLASS A -0.23%ADVANCE AUTO PARTS INC -0.23%FIVE BELOW -0.24%PLUM CREEK TIMBER CO -0.24%BOB EVANS FARMS -0.24%ENPRO INDUSTRIES INC -0.25%AST Portfolio Holdings475 of 635

AST QMA US Equity Alpha Portfolio (continued)Security% of PortfolioHMS HOLDINGS CORP -0.25%NEXSTAR BROADCASTING GROUP- -0.25%HALOZYME THERAPEUTICS INC -0.25%FINISAR CORPORATION -0.25%ADVISORY BOARD CO/THE -0.26%ROYAL GOLD INC -0.27%MEADWESTVACO CORP -0.27%MCDERMOTT INTL INC -0.27%FLOTEK INDUSTRIES INC -0.28%DREAMWORKS ANIMATION SKG-A -0.29%WEYERHAEUSER CO -0.30%AIR METHODS CORP -0.30%TENET HEALTHCARE CORP -0.31%ALLIANCE DATA SYSTEMS CORP -0.31%SANCHEZ ENERGY CORP -0.33%BROOKDALE SENIOR LIVING INC -0.33%SERVICENOW INC -0.33%IRONWOOD PHARMACEUTICALS IN -0.36%SALESFORCE.COM INC -0.36%INSULET CORP -0.36%CEPHEID INC -0.36%DARLING INGREDIENTS INC -0.37%ACADIA HEALTHCARE CO INC -0.37%ANTERO RESOURCES CORP -0.37%DIGITALGLOBE INC -0.39%CIENA CORP -0.39%CHART INDUSTRIES INC -0.39%CLEAN HARBORS INC -0.42%GENESEE & WYOMING INC-CL A -0.44%TIFFANY & CO -0.45%CONCUR TECHNOLOGIES INC -0.48%YELP INC -0.48%SUNEDISON INC -0.63%CADENCE DESIGN SYS INC -0.66%476 of 635AST Portfolio Holdings

AST QMA US Equity Alpha PortfolioSecurity% of PortfolioAPPLE INC 2.82%EXXON MOBIL CORP 2.07%PRUDENTIAL CORE INVESTMENT 2.03%ESU4 S&P 500 EMINI FUT 9/24/2014 1.92%MICROSOFT CORP 1.76%GENERAL ELECTRIC CO 1.46%JOHNSON & JOHNSON 1.45%ORACLE CORP 1.31%FACEBOOK INC-A 1.25%GILEAD SCIENCES INC 1.18%CITIGROUP INC 1.17%QUALCOMM INC 1.17%PEPSICO INC 1.12%PFIZER INC 1.05%INTEL CORP 1.05%HEWLETT-PACKARD CO 1.04%CHEVRON CORP 1.02%UNION PACIFIC CORP 1.01%WELLS FARGO & CO 1.01%CISCO SYSTEMS INC 0.99%BIOGEN IDEC INC 0.99%WALT DISNEY CO/THE 0.99%GOOGLE INC-CL A 0.95%MCDONALD'S CORP 0.95%CONOCOPHILLIPS 0.92%JPMORGAN CHASE & CO 0.88%COMCAST CORP-CLASS A 0.88%ABBOTT LABORATORIES 0.85%WAL-MART STORES INC 0.83%AMGEN INC 0.82%EOG RESOURCES INC 0.81%AT&T INC 0.80%NORTHROP GRUMMAN CORP 0.79%GOOGLE INC-CL C 0.79%LYONDELLBASELL INDU-CL A 0.78%EXPRESS SCRIPTS HOLDING CO 0.78%SKYWORKS SOLUTIONS INC 0.76%ALLERGAN INC 0.72%AMERICAN TOWER CORP 0.69%FEDEX CORP 0.69%CELGENE CORP 0.68%KROGER CO 0.67%TEXAS INSTRUMENTS INC 0.67%WESTLAKE CHEMICAL CORP 0.66%BAKER HUGHES INC 0.65%ALCOA INC 0.65%BRISTOL-MYERS SQUIBB CO 0.64%ALEXION PHARMACEUTICALS INC 0.63%SOUTHWEST AIRLINES CO 0.63%MERCK & CO. INC. 0.62%DUKE ENERGY CORP 0.62%TIME WARNER INC 0.62%WELLPOINT INC 0.61%MICHAEL KORS HOLDINGS LTD 0.61%Security% of PortfolioCERNER CORP 0.60%BEST BUY CO INC 0.60%AFLAC INC 0.60%PPL CORPORATION 0.59%MACY'S INC 0.59%EMERSON ELECTRIC CO 0.59%JONES LANG LASALLE INC 0.57%PROCTER & GAMBLE CO/THE 0.57%ROSS STORES INC 0.57%AVAGO TECHNOLOGIES LTD 0.56%ALASKA AIR GROUP INC 0.56%VERIZON COMMUNICATIONS INC 0.56%AETNA INC 0.55%DILLARDS INC-CL A 0.55%WYNDHAM WORLDWIDE CORP 0.54%UNITED PARCEL SERVICE-CL B 0.53%GAP INC/THE 0.53%CHESAPEAKE ENERGY CORP 0.52%TWENTY-FIRST CENTURY FOX-A 0.52%TYSON FOODS INC-CL A 0.52%ILLINOIS TOOL WORKS 0.52%BANK OF AMERICA CORP 0.52%KEYCORP 0.52%HELMERICH & PAYNE 0.52%ACTAVIS PLC 0.51%SM ENERGY CO 0.51%AES CORP 0.51%FOOT LOCKER INC 0.51%INTEGRATED DEVICE TECH INC 0.51%BUNGE LTD 0.51%EQT CORP 0.51%PROLOGIS INC 0.51%HUNTINGTON INGALLS INDUSTRI 0.50%PARTNERRE LTD 0.50%ANSYS INC 0.50%MONSTER BEVERAGE CORP 0.49%SYMANTEC CORP 0.49%HEALTH NET INC 0.49%ANADARKO PETROLEUM CORP 0.49%RAYTHEON COMPANY 0.48%DST SYSTEMS INC 0.48%DIRECTV 0.48%BERKSHIRE HATHAWAY INC-CL B 0.48%KIMBERLY-CLARK CORP 0.48%BLACKROCK INC 0.47%SMITH (A.O.) CORP 0.46%INGRAM MICRO INC-CL A 0.45%OSHKOSH CORP 0.45%NORFOLK SOUTHERN CORP 0.45%CONSOL ENERGY INC 0.45%CA INC 0.44%CIGNA CORP 0.44%SPIRIT AEROSYSTEMS HOLD-CL 0.44%INTL BUSINESS MACHINES CORP 0.44%AST Portfolio Holdings477 of 635

AST QMA US Equity Alpha Portfolio (continued)Security% of PortfolioAGL RESOURCES INC 0.44%COCA-COLA ENTERPRISES 0.43%AMERICAN FINANCIAL GROUP IN 0.43%HEXCEL CORP 0.43%TRAVELERS COS INC/THE 0.43%CSX CORP 0.42%VALERO ENERGY CORP 0.42%ENTERGY CORP 0.42%REGIONS FINANCIAL CORP 0.42%CONTINENTAL RESOURCES INC/O 0.41%SCHLUMBERGER LTD 0.41%CVS CAREMARK CORP 0.41%AMETEK INC 0.41%KELLOGG CO 0.41%ARCHER-DANIELS-MIDLAND CO 0.40%CBOE HOLDINGS INC 0.39%HOSPITALITY PROPERTIES TRUS 0.39%METTLER-TOLEDO INTERNATIONA 0.39%CR BARD INC 0.39%TARGA RESOURCES CORP 0.39%ENERSYS 0.39%CAREFUSION CORP 0.38%FIRST NIAGARA FINANCIAL GRP 0.38%JACK IN THE BOX INC 0.37%FRANKLIN RESOURCES INC 0.37%OCCIDENTAL PETROLEUM CORP 0.36%OLD DOMINION FREIGHT LINE 0.36%UNIVERSAL HEALTH SERVICES-B 0.36%IDEX CORP 0.35%PPG INDUSTRIES INC 0.35%KINDER MORGAN INC 0.35%THOR INDUSTRIES INC 0.35%SANDERSON FARMS INC 0.35%PUBLIC SERVICE ENTERPRISE G 0.34%AMERICAN CAPITAL AGENCY COR 0.34%GOLDMAN SACHS GROUP INC 0.33%MARATHON PETROLEUM CORP 0.33%LOWE'S COS INC 0.33%WADDELL & REED FINANCIAL-A 0.32%SOUTHERN COPPER CORP 0.32%POLARIS INDUSTRIES INC 0.32%AVNET INC 0.32%COGNIZANT TECH SOLUTIONS-A 0.32%LANNETT CO INC 0.32%BROADRIDGE FINANCIAL SOLUTI 0.31%STEVEN MADDEN LTD 0.31%RAYMOND JAMES FINANCIAL INC 0.31%PHILIP MORRIS INTERNATIONAL 0.30%PARKER HANNIFIN CORP 0.30%CHICAGO BRIDGE & IRON CO NV 0.30%ASSURED GUARANTY LTD 0.30%PTC INC 0.29%MANHATTAN ASSOCIATES INC 0.28%COMPASS MINERALS INTERNATIO 0.28%Security% of PortfolioCBRE GROUP INC - A 0.28%LAZARD LTD-CL A 0.27%AKORN INC 0.27%LIGAND PHARMACEUTICALS 0.27%PIONEER NATURAL RESOURCES C 0.27%DELUXE CORP 0.27%MRC GLOBAL INC 0.27%T ROWE PRICE GROUP INC 0.27%HELIX ENERGY SOLUTIONS GROU 0.26%FAU4 S&P MID 400 EMINI 9/24/2014 0.26%BORGWARNER INC 0.26%BOSTON SCIENTIFIC CORP 0.26%SYNOPSYS INC 0.25%ABBVIE INC 0.25%UNITEDHEALTH GROUP INC 0.25%PANERA BREAD COMPANY-CLASS 0.25%COPA HOLDINGS SA-CLASS A 0.25%ONEOK INC 0.25%SS&C TECHNOLOGIES HOLDINGS 0.24%CARLISLE COS INC 0.24%TENNECO INC 0.24%BECTON DICKINSON AND CO 0.24%SOLERA HOLDINGS INC 0.23%EXELON CORP 0.23%HARSCO CORP 0.23%DOMINION RESOURCES INC/VA 0.23%INTL FLAVORS & FRAGRANCES 0.23%UNUM GROUP 0.23%STARZ - A 0.23%MARRIOTT VACATIONS WORLD 0.22%SEI INVESTMENTS COMPANY 0.22%DISCOVER FINANCIAL SERVICES 0.22%AARON'S INC 0.22%HARRIS CORP 0.21%UNITED RENTALS INC 0.21%WESTERN DIGITAL CORP 0.21%GENPACT LTD 0.21%L-3 COMMUNICATIONS HOLDINGS 0.21%CARTER'S INC 0.21%LOCKHEED MARTIN CORP 0.20%HSN INC 0.20%IGATE CORP 0.20%UNITED THERAPEUTICS CORP 0.20%CHARLES RIVER LABORATORIES 0.20%TJX COMPANIES INC 0.20%SYNTEL INC 0.20%POPULAR INC 0.20%MANPOWERGROUP INC 0.20%ELI LILLY & CO 0.20%CIT GROUP INC 0.19%INTUIT INC 0.19%LOGMEIN INC 0.19%WHITEWAVE FOODS CO 0.19%NU SKIN ENTERPRISES INC - A 0.19%AST Portfolio Holdings478 of 635

AST QMA US Equity Alpha Portfolio (continued)Security% of PortfolioAMERCO 0.19%JOHNSON CONTROLS INC 0.19%COMMSCOPE HOLDING CO INC 0.18%AMERIPRISE FINANCIAL INC 0.18%VF CORP 0.18%CELANESE CORP-SERIES A 0.18%HILL-ROM HOLDINGS INC 0.18%CINEMARK HOLDINGS INC 0.18%LIBERTY VENTURES - SER A 0.18%DSW INC-CLASS A 0.18%TORO CO 0.18%ALTRIA GROUP INC 0.18%NOBLE ENERGY INC 0.17%JUNIPER NETWORKS INC 0.17%ST JUDE MEDICAL INC 0.17%UGI CORP 0.17%BUFFALO WILD WINGS INC 0.17%DOW CHEMICAL CO/THE 0.16%GENTEX CORP 0.16%IAC/INTERACTIVECORP 0.16%FULTON FINANCIAL CORP 0.16%GLOBUS MEDICAL INC - A 0.16%RPC INC 0.16%TRINITY INDUSTRIES INC 0.15%BIG LOTS INC 0.15%RELIANCE STEEL & ALUMINUM 0.14%CHAMBERS STREET PROPERTIES 0.14%FISERV INC 0.14%HOLOGIC INC 0.14%APACHE CORP 0.14%INTERSIL CORP-A 0.14%WORTHINGTON INDUSTRIES 0.14%AEGERION PHARMACEUTICALS IN 0.14%CAMDEN PROPERTY TRUST 0.14%NELNET INC-CL A 0.13%US T BILLS .025% 9/18/2014 0.13%THOMSON REUTERS CORP 0.13%LATTICE SEMICONDUCTOR CORP 0.13%UNITED TECHNOLOGIES CORP 0.13%PNC FINANCIAL SERVICES GROU 0.13%LAM RESEARCH CORP 0.13%JANUS CAPITAL GROUP INC 0.13%AVG TECHNOLOGIES 0.13%ACCENTURE PLC-CL A 0.13%BED BATH & BEYOND INC 0.13%PEGASYSTEMS INC 0.12%CAL-MAINE FOODS INC 0.12%GLOBE SPECIALTY METALS INC 0.12%CUMMINS INC 0.12%NETSCOUT SYSTEMS INC 0.12%ASPEN TECHNOLOGY INC 0.12%CYTEC INDUSTRIES INC 0.11%TEXAS ROADHOUSE INC 0.11%GENERAL GROWTH PROPERTIES 0.11%Security% of PortfolioFRANKLIN STREET PROPERTIES 0.11%INFORMATICA CORP 0.11%PROGRESS SOFTWARE CORP 0.11%ENERGY XXI BERMUDA 0.11%INVESCO MORTGAGE CAPITAL 0.11%OMNICELL INC 0.11%LEAR CORP 0.10%WABCO HOLDINGS INC 0.10%MEREDITH CORP 0.10%EXPEDITORS INTL WASH INC 0.10%MORNINGSTAR INC 0.10%ARROW ELECTRONICS INC 0.10%AMERICAN ASSETS TRUST INC 0.10%DEVRY EDUCATION GROUP INC 0.10%NIC INC 0.10%DIODES INC 0.10%AKAMAI TECHNOLOGIES INC 0.09%VISA INC-CLASS A SHARES 0.09%FINISH LINE/THE - CL A 0.09%HESS CORP 0.09%STRATEGIC HOTELS & RESORTS 0.09%MASIMO CORPORATION 0.09%LORILLARD INC 0.09%INTELSAT SA 0.09%GRACO INC 0.09%KOPPERS HOLDINGS INC 0.09%NEWS CORP - CLASS A 0.08%SHERWIN-WILLIAMS CO/THE 0.08%FTD COS INC 0.08%AMERICAN CAMPUS COMMUNITIES 0.08%MDU RESOURCES GROUP INC 0.08%AG MORTGAGE INVESTMENT TRUS 0.08%FORUM ENERGY TECHNOLOGIES I 0.08%APOLLO RESIDENTIAL MORTGAGE 0.08%CABOT OIL & GAS CORP 0.08%LAREDO PETROLEUM INC 0.08%TRIPADVISOR INC 0.08%DINEEQUITY INC 0.08%INTELIQUENT INC 0.08%WEST PHARMACEUTICAL SERVICE 0.08%COCA-COLA CO/THE 0.08%INSIGHT ENTERPRISES INC 0.07%UNIT CORP 0.07%MCGRAW HILL FINANCIAL INC 0.07%CNA FINANCIAL CORP 0.07%RESOURCE CAPITAL CORP 0.07%EXLSERVICE HOLDINGS INC 0.07%MUELLER INDUSTRIES INC 0.07%NETAPP INC 0.07%BOOZ ALLEN HAMILTON HOLDING 0.07%AMERICAN CAPITAL MORTGAGE I 0.07%BAXTER INTERNATIONAL INC 0.07%FAIR ISAAC CORP 0.06%WHIRLPOOL CORP 0.06%AST Portfolio Holdings479 of 635

AST QMA US Equity Alpha Portfolio (continued)Security% of PortfolioTRUEBLUE INC 0.06%BRISTOW GROUP INC 0.06%HYSTER-YALE MATERIALS 0.06%PIPER JAFFRAY COS 0.06%MKS INSTRUMENTS INC 0.06%F5 NETWORKS INC 0.06%SCANSOURCE INC 0.06%MERITOR INC 0.06%EDISON INTERNATIONAL 0.06%KULICKE & SOFFA INDUSTRIES 0.06%HCC INSURANCE HOLDINGS INC 0.06%DTE ENERGY COMPANY 0.05%PATRICK INDUSTRIES INC 0.05%PERFORMANT FINANCIAL CORP 0.05%YUM! BRANDS INC 0.05%TECHNE CORP 0.05%STERIS CORP 0.05%PAREXEL INTERNATIONAL CORP 0.05%STEELCASE INC-CL A 0.05%SILICON IMAGE INC 0.05%HAVERTY FURNITURE 0.05%NAVIGATORS GROUP INC 0.05%PHARMACYCLICS INC 0.05%FUTUREFUEL CORP 0.05%BLOUNT INTERNATIONAL INC 0.05%PERFICIENT INC 0.05%UNIFIRST CORP/MA 0.04%B/E AEROSPACE INC 0.04%ULTRA CLEAN HOLDINGS INC 0.04%LA-Z-BOY INC 0.04%HOME DEPOT INC 0.04%NAVIGANT CONSULTING INC 0.04%VENTAS INC 0.04%QUESTAR CORP 0.04%CABOT MICROELECTRONICS CORP 0.04%ERA GROUP INC 0.04%INPHI CORP 0.04%RUTH'S HOSPITALITY GROUP IN 0.04%WASTE CONNECTIONS INC 0.04%VIAD CORP 0.04%STEEL DYNAMICS INC 0.04%QUINTILES TRANSNATIONAL HOL 0.04%HARMONIC INC 0.04%SONUS NETWORKS INC 0.04%VISTAPRINT NV 0.03%SHORETEL INC 0.03%AGREE REALTY CORP 0.03%SPIRIT AIRLINES INC 0.03%KIRBY CORP 0.03%SCHULMAN (A.) INC 0.03%UNIVERSAL FOREST PRODUCTS 0.03%MAXIMUS INC 0.03%SYNNEX CORP 0.03%WINNEBAGO INDUSTRIES 0.03%Security% of PortfolioPOWELL INDUSTRIES INC 0.03%ROLLINS INC 0.03%DESTINATION MATERNITY CORP 0.03%TRAVELZOO INC 0.03%ZUMIEZ INC 0.03%ATLANTIC TELE-NETWORK INC 0.02%GLOBAL CASH ACCESS HOLDINGS 0.02%WEST CORP 0.01%US T BILLS .025% 9/18/2014 0.01%REALPAGE INC -0.03%CARBO CERAMICS INC -0.03%KRATOS DEFENSE & SECURITY -0.03%GEOSPACE TECHNOLOGIES CORP -0.03%PLY GEM HOLDINGS INC -0.03%NEOGEN CORP -0.03%AMERICAN RAILCAR INDUSTRIES -0.03%POWER SOLUTIONS INTERNATION -0.03%CERUS CORP -0.03%EHEALTH INC -0.04%UMB FINANCIAL CORP -0.04%TITAN INTERNATIONAL INC -0.04%FTI CONSULTING INC -0.04%ACADIA PHARMACEUTICALS INC -0.04%GREAT LAKES DREDGE & DOCK C -0.04%FERRO CORP -0.04%GUIDEWIRE SOFTWARE INC -0.04%MONRO MUFFLER BRAKE INC -0.04%LIBERTY GLOBAL INC-A -0.04%EXTREME NETWORKS INC -0.04%NORTHSTAR REALTY FINANCE -0.04%RAMBUS INC -0.04%MWI VETERINARY SUPPLY INC -0.05%RETAIL OPPORTUNITY INVESTME -0.05%POWERSECURE INTERNATIONAL I -0.05%MEDIDATA SOLUTIONS INC -0.05%PROCERA NETWORKS INC -0.05%STAAR SURGICAL CO -0.05%MARKEL CORP -0.05%NETSUITE INC -0.05%NORTHSTAR ASSET MANAGEMENT -0.05%PRIMERICA INC -0.05%APOGEE ENTERPRISES INC -0.05%EXTERRAN HOLDINGS INC -0.05%WATTS WATER TECHNOLOGIES-A -0.05%VOCERA COMMUNICATIONS INC -0.05%CALLAWAY GOLF COMPANY -0.05%SPROUTS FARMERS MARKET INC -0.05%APPLIED OPTOELECTRONICS INC -0.05%SPECTRANETICS CORP -0.06%ALTRA INDUSTRIAL MOTION COR -0.06%BOULDER BRANDS INC -0.06%ARRAY BIOPHARMA INC -0.06%GLIMCHER REALTY TRUST -0.06%E2OPEN INC -0.06%AST Portfolio Holdings480 of 635

AST QMA US Equity Alpha Portfolio (continued)Security% of PortfolioLAMAR ADVERTISING CO-A -0.06%FIREEYE INC -0.06%AMERICAN VANGUARD CORP -0.06%KNOWLES CORP -0.06%SILICON GRAPHICS INTERNATIO -0.07%CROCS INC -0.07%SPECTRUM BRANDS HOLDINGS IN -0.07%MAXWELL TECHNOLOGIES INC -0.07%STONE ENERGY CORP -0.07%TEXAS CAPITAL BANCSHARES IN -0.07%NORTHWEST NATURAL GAS CO -0.07%GASLOG LTD -0.07%MDC HOLDINGS INC -0.07%CHANNELADVISOR CORP -0.08%UNDER ARMOUR INC-CLASS A -0.08%RESOLUTE ENERGY CORP -0.08%CYNOSURE INC-A -0.08%ROADRUNNER TRANSPORTATION S -0.08%CAMBREX CORP -0.08%MSA SAFETY INC -0.08%LIBERTY GLOBAL-C -0.08%VEECO INSTRUMENTS INC -0.08%MTS SYSTEMS CORP -0.08%BEAZER HOMES USA INC -0.08%UTI WORLDWIDE INC -0.09%AMAG PHARMACEUTICALS INC -0.09%RECEPTOS INC -0.09%CON-WAY INC -0.09%HEALTHWAYS INC -0.09%SPECTRUM PHARMACEUTICALS IN -0.09%FXCM INC-A -0.09%HEARTLAND EXPRESS INC -0.09%CAPITAL SENIOR LIVING CORP -0.09%QUIDEL CORP -0.10%AVANIR PHARMACEUTICALS INC -0.10%MOMENTA PHARMACEUTICALS INC -0.10%CORNERSTONE ONDEMAND INC -0.10%ENERNOC INC -0.10%MARSH & MCLENNAN COS -0.10%HOUGHTON MIFFLIN HARCOURT C -0.10%CALLIDUS SOFTWARE INC -0.10%NCI BUILDING SYSTEMS INC -0.10%BIOSCRIP INC -0.11%IPC THE HOSPITALIST CO -0.11%REX ENERGY CORP -0.11%PORTOLA PHARMACEUTICALS INC -0.11%ASTRONICS CORP -0.11%KYTHERA BIOPHARMACEUTICALS -0.11%QUIKSILVER INC -0.11%XPO LOGISTICS INC -0.11%HAEMONETICS CORP/MASS -0.12%SINCLAIR BROADCAST GROUP -A -0.12%DYCOM INDUSTRIES INC -0.12%ELLIE MAE INC -0.12%Security% of PortfolioTUESDAY MORNING CORP -0.12%AMC NETWORKS INC-A -0.12%RESTORATION HARDWARE HOLDIN -0.13%GRANITE CONSTRUCTION INC -0.13%TESLA MOTORS INC -0.13%HILTON WORLDWIDE HOLDINGS I -0.13%GULFPORT ENERGY CORP -0.13%APPLIED MICRO CIRCUITS CORP -0.13%HORSEHEAD HOLDING CORP -0.13%TECO ENERGY INC -0.14%ATWOOD OCEANICS INC -0.14%ULTRATECH INC -0.14%BROADSOFT INC -0.14%COMSCORE INC -0.15%MIDDLEBY CORP -0.15%POST HOLDINGS INC -0.15%LIONS GATE ENTERTAINMENT CO -0.15%FLEETMATICS GROU -0.15%ZELTIQ AESTHETICS INC -0.15%FMC CORP -0.15%GOODYEAR TIRE & RUBBER CO -0.16%PACIRA PHARMACEUTICALS INC -0.16%ROSETTA RESOURCES INC -0.16%TREX COMPANY INC -0.16%BOYD GAMING CORP -0.17%TAL INTERNATIONAL GROUP INC -0.17%PENN VIRGINIA CORP -0.17%HEALTHCARE SERVICES GROUP -0.17%AMERICAN EAGLE OUTFITTERS -0.17%HAIN CELESTIAL GROUP INC -0.18%MANITOWOC COMPANY INC -0.18%HEARTWARE INTERNATIONAL INC -0.18%SOTHEBY'S -0.18%SCORPIO TANKERS -0.18%PDC ENERGY INC -0.18%TRIANGLE PETROLEUM CORP -0.19%EXAMWORKS GROUP INC -0.19%AMERICAN AIRLINES GROUP INC -0.20%NORTHERN OIL AND GAS INC -0.20%ARMSTRONG WORLD INDUSTRIES -0.21%TWITTER INC -0.21%WRIGHT MEDICAL GROUP INC -0.22%CRAY INC -0.22%MARKETO INC -0.22%WAGEWORKS INC -0.22%OWENS CORNING -0.23%CABELA'S INC -0.23%VIASAT INC -0.23%SPANSION INC-CLASS A -0.23%ADVANCE AUTO PARTS INC -0.23%FIVE BELOW -0.24%PLUM CREEK TIMBER CO -0.24%BOB EVANS FARMS -0.24%ENPRO INDUSTRIES INC -0.25%AST Portfolio Holdings481 of 635

AST QMA US Equity Alpha Portfolio (continued)Security% of PortfolioHMS HOLDINGS CORP -0.25%NEXSTAR BROADCASTING GROUP- -0.25%HALOZYME THERAPEUTICS INC -0.25%FINISAR CORPORATION -0.25%ADVISORY BOARD CO/THE -0.26%ROYAL GOLD INC -0.27%MEADWESTVACO CORP -0.27%MCDERMOTT INTL INC -0.27%FLOTEK INDUSTRIES INC -0.28%DREAMWORKS ANIMATION SKG-A -0.29%WEYERHAEUSER CO -0.30%AIR METHODS CORP -0.30%TENET HEALTHCARE CORP -0.31%ALLIANCE DATA SYSTEMS CORP -0.31%SANCHEZ ENERGY CORP -0.33%BROOKDALE SENIOR LIVING INC -0.33%SERVICENOW INC -0.33%IRONWOOD PHARMACEUTICALS IN -0.36%SALESFORCE.COM INC -0.36%INSULET CORP -0.36%CEPHEID INC -0.36%DARLING INGREDIENTS INC -0.37%ACADIA HEALTHCARE CO INC -0.37%ANTERO RESOURCES CORP -0.37%DIGITALGLOBE INC -0.39%CIENA CORP -0.39%CHART INDUSTRIES INC -0.39%CLEAN HARBORS INC -0.42%GENESEE & WYOMING INC-CL A -0.44%TIFFANY & CO -0.45%CONCUR TECHNOLOGIES INC -0.48%YELP INC -0.48%SUNEDISON INC -0.63%CADENCE DESIGN SYS INC -0.66%482 of 635AST Portfolio Holdings

AST Quantitative Modeling PortfolioSecurity% of Portfolio(PDMH) AQR LARGE-CAP PORTFO 11.68%(PDMI) QMA LARGE-CAP PORTFO 11.67%(PD50) INT'L GROWTH PORTFOL 7.50%(PD40) INT'L VALUE PORTFOLI 7.47%(296655) PRU CORE BOND PORT 6.17%(PDBW) CLEARBRIDGE DIVIDEND 5.81%(PDBJ) LOOMIS SAYLES LARGE 5.44%(PDBD) WESTERN ASSET CORE P 4.54%(3044) MFS GROWTH PORTFOLIO 4.14%(PDBP) PIMCO TOTAL RETURN B 3.62%(PDBT) GS LARGE CAP VALUE 2.90%(300F) T.ROWE PRICE EQUITYI 2.88%(PDML) HERNDON LARGE CAP VA 2.18%(296113) JENNISON LARGE-CAP 2.18%(PDBV) MFS LARGE-CAP VALUE 2.16%(PDX0) LARGE CAP VALUE PORT 2.16%(30A0) SMALL CAP VALUE PORT 2.14%(296111) JENNISON LARGE-CAP 2.08%(PDBK) TROWE LARGE CAP GROW 2.07%(PDVZ) GS STRATEGIC INCOME 1.45%(PDBS) LORD ABBETT CORE FIX 1.45%(PD90) SMALL-CAP GROWTH 1.43%(PD80) FEDERATED AGGRESSIVE 0.98%(PDBQ) AST NB CORE FIXED IN 0.91%(PDBU) WESTERN EMERGING MAR 0.85%PRUDENTIAL CORE INVESTMENT 0.74%(PD20) HIGH YIELD BOND PORT 0.57%(3019) PIMCO LIMITED MATURI 0.56%(3036) GS SMALL-CAP VALUE 0.45%(PDBX) AQR EMERGING MARKETS 0.33%(PDBM) PARAMETRIC EMERGING 0.28%(PDW0) MID-CAP VALUE PORTFO 0.23%(PDZ0) NB/LSV MID-CAP VALUE 0.23%(3094) GS MID-CAP GROWTH 0.21%(PDAT) NEUBERGER MID-CAP GR 0.21%(PDBY) QMA EMERGING MARKETS 0.21%(3018) TROWE NATURAL RESOUR 0.12%(3003) MONEY MARKET PORTFOL 0.02%AST Portfolio Holdings483 of 635

AST Quantitative Modeling PortfolioSecurity% of Portfolio(PDMH) AQR LARGE-CAP PORTFO 11.68%(PDMI) QMA LARGE-CAP PORTFO 11.67%(PD50) INT'L GROWTH PORTFOL 7.50%(PD40) INT'L VALUE PORTFOLI 7.47%(296655) PRU CORE BOND PORT 6.17%(PDBW) CLEARBRIDGE DIVIDEND 5.81%(PDBJ) LOOMIS SAYLES LARGE 5.44%(PDBD) WESTERN ASSET CORE P 4.54%(3044) MFS GROWTH PORTFOLIO 4.14%(PDBP) PIMCO TOTAL RETURN B 3.62%(PDBT) GS LARGE CAP VALUE 2.90%(300F) T.ROWE PRICE EQUITYI 2.88%(PDML) HERNDON LARGE CAP VA 2.18%(296113) JENNISON LARGE-CAP 2.18%(PDBV) MFS LARGE-CAP VALUE 2.16%(PDX0) LARGE CAP VALUE PORT 2.16%(30A0) SMALL CAP VALUE PORT 2.14%(296111) JENNISON LARGE-CAP 2.08%(PDBK) TROWE LARGE CAP GROW 2.07%(PDVZ) GS STRATEGIC INCOME 1.45%(PDBS) LORD ABBETT CORE FIX 1.45%(PD90) SMALL-CAP GROWTH 1.43%(PD80) FEDERATED AGGRESSIVE 0.98%(PDBQ) AST NB CORE FIXED IN 0.91%(PDBU) WESTERN EMERGING MAR 0.85%PRUDENTIAL CORE INVESTMENT 0.74%(PD20) HIGH YIELD BOND PORT 0.57%(3019) PIMCO LIMITED MATURI 0.56%(3036) GS SMALL-CAP VALUE 0.45%(PDBX) AQR EMERGING MARKETS 0.33%(PDBM) PARAMETRIC EMERGING 0.28%(PDW0) MID-CAP VALUE PORTFO 0.23%(PDZ0) NB/LSV MID-CAP VALUE 0.23%(3094) GS MID-CAP GROWTH 0.21%(PDAT) NEUBERGER MID-CAP GR 0.21%(PDBY) QMA EMERGING MARKETS 0.21%(3018) TROWE NATURAL RESOUR 0.12%(3003) MONEY MARKET PORTFOL 0.02%AST Portfolio Holdings484 of 635

AST RCM World Trends PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 7.71%FVU4 US 5YR NOTE(CBT) 10/08/2014 4.61%TUU4 US 2YR NOTE(CBT) SEP 1 10/08/2014 3.35%SPU4 S&P 500 FUTURE 9/24/2014 2.54%MESU4 MINI MSCI EMG MKT 9/24/2014 2.00%RTAU4S RUSSELL 2000 MINI 9/24/2014 1.91%TYU4 US 10YR NOTE (CBT) 10/05/2014 0.98%APPLE INC 0.96%WNU4 US ULTRA BOND(CBT) 10/04/2014 0.89%VGU4 EURO STOXX 50 9/23/2014 0.80%WELLS FARGO & CO 0.65%SXTU4S EUR SMALL20 9/24/2014 0.64%COMCAST CORP-CLASS A 0.54%JOHNSON & JOHNSON 0.54%INTEL CORP 0.53%EXXON MOBIL CORP 0.52%US TREASURY N/B 11/15/2022 0.50%MICROSOFT CORP 0.49%AT&T INC 0.49%AMGEN INC 0.48%US TREASURY N/B 2/15/2021 0.46%JPMORGAN CHASE & CO 0.46%US TREASURY N/B 2/15/2023 0.45%US TREASURY N/B 7/31/2018 0.44%US TREASURY N/B 2/28/2018 0.44%FANNIE MAE 11/15/2016 0.42%US TREASURY N/B 10/31/2017 0.40%US TREASURY N/B 6/30/2019 0.40%US TREASURY N/B 3/31/2017 0.39%US TREASURY N/B 2/29/2016 0.39%US TREASURY N/B 7/31/2015 0.38%US TREASURY N/B 11/30/2015 0.38%US TREASURY N/B 2/28/2017 0.38%US TREASURY N/B 8/15/2015 0.38%CONOCOPHILLIPS 0.37%ROCHE HOLDING AG-GENUSSCHEI 0.37%US TREASURY N/B 5/15/2041 0.37%US TREASURY N/B 9/30/2016 0.36%ORACLE CORP 0.36%FREDDIE MAC 6/29/2017 0.36%WI TREASURY SEC. 5/31/2021 0.35%PFIZER INC 0.35%US TREASURY N/B 5/15/2038 0.35%GOOGLE INC-CL A 0.34%US TREASURY N/B 5/31/2017 0.34%US TREASURY N/B 5/15/2019 0.32%US TREASURY N/B 2/28/2019 0.32%GENERAL ELECTRIC CO 0.31%INTL BUSINESS MACHINES CORP 0.31%US TREASURY N/B 8/31/2020 0.31%BP PLC 0.30%ELI LILLY & CO 0.29%KROGER CO 0.28%ROYAL BANK OF CANADA 0.28%Security% of PortfolioNORTHROP GRUMMAN CORP 0.28%US TREASURY N/B 3/31/2020 0.27%BERKSHIRE HATHAWAY INC-CL B 0.27%CVS CAREMARK CORP 0.27%CHEVRON CORP 0.27%US TREASURY N/B 11/15/2016 0.27%WALT DISNEY CO/THE 0.27%DOW CHEMICAL CO/THE 0.26%US TREASURY N/B 2/15/2043 0.26%LYONDELLBASELL INDU-CL A 0.24%HEWLETT-PACKARD CO 0.24%TOTAL SA 0.24%VISA INC-CLASS A SHARES 0.23%EURO 0.23%TRAVELERS COS INC/THE 0.23%MAGNA INTERNATIONAL INC 0.22%UNITEDHEALTH GROUP INC 0.22%MYLAN INC 0.22%Z U4 FTSE 100 FUTURE 9/24/2014 0.22%NIPPON TELEGRAPH & TELEPHON 0.21%WESTPAC BANKING CORP 0.21%US TREASURY N/B 8/15/2025 0.20%BANK OF MONTREAL 0.20%SAP SE 0.20%AMERISOURCEBERGEN CORP 0.20%VOLKSWAGEN AG-PREF 0.20%VERIZON COMMUNICATIONS INC 0.20%AUST AND NZ BANKING GROUP 0.19%VALEANT PHARMACEUTICALS INT 0.19%RECKITT BENCKISER GROUP PLC 0.19%SWISS RE AG 0.19%DAIMLER AG-REGISTERED SHARE 0.19%CAPITAL ONE FINANCIAL CORP 0.19%GOLDMAN SACHS GROUP INC 0.18%ROYAL DUTCH SHELL PLC-B SHS 0.18%NOVARTIS AG-REG 0.18%KDDI CORP 0.18%US TREASURY N/B 4.125% 5/15/2015 0.18%US TREASURY N/B 3/15/2016 0.18%DTE ENERGY COMPANY 0.18%KIMBERLY-CLARK CORP 0.17%AMERICAN ELECTRIC POWER 0.17%CANADIAN NATURAL RESOURCES 0.17%QUALCOMM INC 0.17%DANSKE BANK A/S 0.17%WELLPOINT INC 0.17%TPU4S TOPIX INDX FUTR 9/17/2014 0.17%BT GROUP PLC 0.17%LINCOLN NATIONAL CORP 0.17%GOOGLE INC-CL C 0.16%MACY'S INC 0.16%CITIGROUP INC 0.16%PNC FINANCIAL SERVICES GROU 0.16%NOVO NORDISK A/S-B 0.16%AST Portfolio Holdings485 of 635

AST RCM World Trends Portfolio (continued)Security% of PortfolioTYSON FOODS INC-CL A 0.16%PRUDENTIAL PLC 0.16%ENEL SPA 0.16%CIE FINANCIERE RICHEMON-REG 0.16%VENZOD - 189000 1/13/2034 0.16%US BANCORP 0.15%EVEREST RE GROUP LTD 0.15%DUKE ENERGY CORP 0.15%ALIMENTATION COUCHE-TARD -B 0.15%CMS ENERGY CORP 0.15%NEXTERA ENERGY INC 0.15%DILLARDS INC-CL A 0.15%MITSUI & CO LTD 0.15%VENEZUELA 9/15/2027 0.15%IHQ4SGX CNX NIFTY 9/03/2014 0.15%SCHLUMBERGER LTD 0.15%MUENCHENER RUECKVER AG-REG 0.15%SUMITOMO MITSUI FINANCIAL G 0.15%DEUTSCHE POST AG-REG 0.15%GENERAL MILLS INC 0.14%US TREASURY N/B 2/15/2031 0.14%MERCK KGAA 0.14%AP MOELLER-MAERSK A/S-B 0.14%WESTERN DIGITAL CORP 0.14%CGI GROUP INC - CLASS A 0.14%MICRON TECHNOLOGY INC 0.13%LEGAL & GENERAL GROUP PLC 0.13%SWEDBANK AB - A SHARES 0.13%CISCO SYSTEMS INC 0.13%ITOCHU CORP 0.13%AMEREN CORPORATION 0.13%MICROCHIP TECHNOLOGY INC 0.13%CONTINENTAL AG 0.13%TRINITY INDUSTRIES INC 0.13%CANADIAN TIRE CORP-CLASS A 0.12%JAPAN AIRLINES CO LTD 0.12%FIFTH THIRD BANCORP 0.12%NORFOLK SOUTHERN CORP 0.12%INDONESIA (REP) 4/25/2022 0.12%FLEETCOR TECHNOLOGIES INC 0.12%MCKESSON CORP 0.12%NATIONAL BANK OF CANADA 0.12%FISERV INC 0.12%MOLSON COORS BREWING CO -B 0.12%SCHNEIDER ELECTRIC SE 0.12%LEGRAND SA 0.12%METLIFE INC 0.12%ALLSTATE CORP 0.12%ASAHI KASEI CORP 0.11%BRITISH AMERICAN TOBACCO PL 0.11%MICHELIN (CGDE) 0.11%AUTOZONE INC 0.11%ARCHER-DANIELS-MIDLAND CO 0.11%AERCAP HOLDINGS NV 0.11%Security% of PortfolioHUGO BOSS AG -ORD 0.11%SKANDINAVISKA ENSKILDA BAN- 0.11%CENTRAL JAPAN RAILWAY CO 0.11%UPM-KYMMENE OYJ 0.11%KRAFT FOODS GROUP INC 0.11%ALASKA AIR GROUP INC 0.11%DSV A/S 0.11%BOEING CO/THE 0.11%MITSUBISHI CORP 0.11%ACE LTD 0.11%FORTESCUE METALS GROUP LTD 0.11%MONDELEZ INTERNATIONAL INC- 0.11%WENDY'S CO/THE 0.11%AEGON NV 0.11%HUNGARY 3/25/2019 0.11%CROATIA 4/27/2017 0.11%RUSSIA-EUROBOND 4/04/2022 0.11%DIAGEO PLC 0.10%AXIS CAPITAL HOLDINGS LTD 0.10%INDITEX 0.10%MURPHY OIL CORP 0.10%INFINEON TECHNOLOGIES AG 0.10%MONDI PLC 0.10%US TREASURY N/B 7/31/2019 0.10%BLACKROCK INC 0.10%JM SMUCKER CO/THE 0.10%SWISS LIFE HOLDING AG-REG 0.10%ARROW ELECTRONICS INC 0.10%ENERSYS 0.10%PERSIMMON PLC 0.10%SUMITOMO CORP 0.10%BNP PARIBAS 0.10%RUSSIA-EUROBOND 3/31/2030 0.10%ATLAS COPCO AB-A SHS 0.10%EASYJET PLC 0.10%SVENSKA CELLULOSA AB SCA-B 0.10%HUTCHISON WHAMPOA LTD 0.10%VERIZON COMM INC 9/14/2018 0.10%GAMESTOP CORP-CLASS A 0.10%HEXAGON AB-B SHS 0.09%MEXICAN UTD STS 8/15/2031 0.09%URBAN OUTFITTERS INC 0.09%PINNACLE FOODS INC 0.09%JX HOLDINGS INC 0.09%AMERIPRISE FINANCIAL INC 0.09%MARINE HARVEST 0.09%TAYLOR WIMPEY PLC 0.09%SWISSCOM AG-REG 0.09%GAP INC/THE 0.09%WHIRLPOOL CORP 0.09%VALERO ENERGY CORP 0.09%BRAZIL REP OF 2/04/2025 0.09%AMERICA MOVIL SA 9/08/2016 0.09%RESMED INC 0.09%AST Portfolio Holdings486 of 635

AST RCM World Trends Portfolio (continued)Security% of PortfolioCOLOMBIA REP OF 3/18/2019 0.09%XPU4S SPI 200 FUTURES 9/24/2014 0.09%BARCLAYS BK PLC 2/20/2019 0.09%MAXIM INTEGRATED PRODUCTS 0.09%BOSTON SCIENTIFIC CORP 0.09%QUANTA SERVICES INC 0.09%PORTLAND GENERAL ELECTRIC C 0.09%CITIGROUP INC 3/10/2017 0.09%RUSSIA GOVT 12.75% 6/24/2028 0.09%GILEAD SCIENCES INC 0.09%VIACOM INC 4/01/2019 0.09%HSBC HLDGS PLC 9/15/2037 0.09%LEXMARK INTERNATIONAL INC-A 0.09%HUNGARY 1/29/2020 0.09%DR PEPPER SNAPPLE GROUP INC 0.09%EBAY INC 0.09%ANHEUSER-BUSCH INBEV NV 0.09%PEPSICO INC 0.09%TURKEY REP OF 2/05/2025 0.09%ASML HOLDING NV 0.09%MARVELL TECHNOLOGY GROUP LT 0.09%UNITED THERAPEUTICS CORP 0.09%PARTNERRE LTD 0.09%ST JAMES'S PLACE PLC 0.09%LLOYDS BANKING GROUP PLC 0.09%TURKEY REP OF 7/14/2017 0.09%TRELLEBORG AB-B SHS 0.09%ROCKWOOD HOLDINGS INC 0.08%EDISON INTERNATIONAL 0.08%BANDAI NAMCO HOLDINGS INC 0.08%REPSOL SA 0.08%COMCAST CORP-SPECIAL CL A 0.08%EMC CORP/MA 0.08%RICOH CO LTD 0.08%SMURFIT KAPPA GROUP PLC 0.08%PHILIPPINES(REP) 3/30/2026 0.08%CITIGROUP INC 8/25/2036 0.08%DNB ASA 0.08%EMPIRE CO LTD 'A' 0.08%UNITED MEXICAN 3/15/2022 0.08%METRO INC 0.08%RITE AID CORP 0.08%GOLDMAN SACHS GP 4/01/2018 0.08%HESS CORP 0.08%WEST JAPAN RAILWAY CO 0.08%UNITED MEXICAN 3/08/2044 0.08%UNITED MEXICAN 1/15/2020 0.08%CARLSBERG AS-B 0.08%WHITBREAD PLC 0.08%CELGENE CORP 0.08%MCDONALD'S CORP 0.08%HELMERICH & PAYNE 0.08%ICONIX BRAND GROUP INC 0.08%RYDER SYSTEM INC 0.08%Security% of PortfolioBERKELEY GROUP HOLDINGS 0.08%BAKER HUGHES INC 0.08%INDONESIA (REP) 3/09/2017 0.08%COMPASS GROUP 0.08%BCE INC 0.08%CATERPILLAR INC 0.08%STARWOOD PROPERTY TRUST INC 0.07%TELEFONICA EMIS 2/16/2016 0.07%SODEXO 0.07%FORD MOTOR CRED 6/12/2017 0.07%SEKISUI HOUSE LTD 0.07%MEXICAN UTD STS 9/27/2034 0.07%ROTORK PLC 0.07%WPP PLC 0.07%PINNACLE WEST CAPITAL 0.07%DEUTSCHE LUFTHANSA-REG 0.07%TURKEY REP OF 4/03/2018 0.07%ORANGE 0.07%WESTPAC BANKING 1/12/2016 0.07%CREDIT AGRICOLE 4/15/2019 0.07%SCHERING-PLOUGH 12/01/2033 0.07%NORDEA BANK AB 0.07%COLGATE-PALM CO 3/15/2019 0.07%DOW CHEMICAL CO 11/01/2029 0.07%DAIMLER FINANCE 9/03/2019 0.07%AMS AG 0.07%AMER INTL GROUP 7/16/2044 0.07%MACYS RETAIL HLD 6/01/2024 0.07%TIME WARNER INC 6/01/2019 0.07%XEROX CORP 5/15/2020 0.07%BANK OF QUEENSLAND LTD 0.07%EOG RESOURCES INC 0.07%HOME LOAN SERVICING SOLUTIO 0.07%MEAD JOHNSON NUTRITION CO 0.07%SABMILLER PLC 0.07%MFA FINANCIAL INC 0.07%INTL CONSOLIDATED AIRLINE-D 0.07%DELUXE CORP 0.07%FRESENIUS SE & CO KGAA 0.07%COMPUTER SCIENCES CORP 0.07%LEAR CORP 0.07%RAYTHEON COMPANY 0.07%CCL INDUSTRIES INC - CL B 0.07%XCEL ENERGY INC 0.07%GAS NATURAL SDG SA 0.07%SOUTHWEST AIRLINES CO 0.07%INGENICO 0.07%AETNA INC 0.07%LOGITECH INTERNATIONAL-REG 0.07%VULCAN MATERIALS CO 0.07%PRAXAIR INC 0.07%ORACLE CORP 7/08/2039 0.07%VALEO SA 0.07%SIMCORP A/S 0.07%AST Portfolio Holdings487 of 635

AST RCM World Trends Portfolio (continued)Security% of PortfolioHANOVER INSURANCE GROUP INC 0.07%BUREAU VERITAS SA 0.06%RUSSIA-EUROBOND 7/24/2018 0.06%SIKA AG-BR 0.06%ROMANIA 2/07/2022 0.06%MARATHON OIL CORP 0.06%PDL BIOPHARMA INC 0.06%UNUM GROUP 0.06%TORONTO-DOMINION BANK 0.06%LAM RESEARCH CORP 0.06%ITAU UNIBANCO HOLDING S-PRE 0.06%DOWNER EDI LTD 0.06%ASPEN INSURANCE HOLDINGS LT 0.06%SPIRAX-SARCO ENGINEERING PL 0.06%SIMON PROP GP LP 2/01/2020 0.06%TURKEY REP OF 2/17/2045 0.06%BRAZIL REP OF 1/20/2034 0.06%BANK OF AMER CRP 7/01/2020 0.06%GEN ELEC CAP CRP 2/11/2021 0.06%BENDIGO AND ADELAIDE BANK 0.06%BEACH ENERGY LTD 0.06%MORGAN STANLEY 7/28/2021 0.06%MERRILL LYNCH 8/28/2017 0.06%JPMORGAN CHASE 1/15/2018 0.06%SHAW COMMUNICATIONS INC-B 0.06%GEN ELEC CAP CRP 5/01/2018 0.06%CRED SUIS NY 8/13/2019 0.06%BOEING CO 2/15/2020 0.06%TURKEY REP OF 6/05/2020 0.06%J2 GLOBAL INC 0.06%NIPPON PAPER INDUSTRIES CO 0.06%SPECTRIS PLC 0.06%L'OREAL 0.06%COLOMBIA REP OF 5/21/2024 0.06%BURLINGTON NORTH 5/01/2017 0.06%GOLDMAN SACHS GP 7/27/2021 0.06%BROADRIDGE FINANCIAL SOLUTI 0.06%SHIMAO PROPERTY HOLDINGS LT 0.06%TIME WARNER INC 3/15/2020 0.06%METLIFE INC 6/01/2016 0.06%CISCO SYSTEMS 1/15/2020 0.06%ALTRIA GROUP INC 5/05/2021 0.06%REPUBLIC OF PERU 7/21/2025 0.06%UBS AG STAMFORD 4/25/2018 0.06%TUI TRAVEL PLC 0.06%LINDE AG 0.06%BRAZIL REP OF 1/20/2037 0.06%NATIONAL OILWELL VARCO INC 0.06%AT&T INC 9/01/2040 0.06%SANDISK CORP 0.06%HUSKY ENERGY INC 0.06%KINGFISHER PLC 0.06%JPMORGAN CHASE 10/15/2020 0.06%TAL INTERNATIONAL GROUP INC 0.06%Security% of PortfolioSOUTH AFRICA 5/27/2019 0.06%STANDARD CHART 1/26/2024 0.06%NORFOLK SOUTHERN 1/15/2016 0.06%NESTE OIL OYJ 0.06%MITSUBISHI UFJ FINANCIAL GR 0.06%COLOMBIA REP OF 7/12/2021 0.06%MARUBENI CORP 0.06%AIG-CALL 3/22/2017 0.06%ELEKTA AB-B SHS 0.06%TIME WARNER CABL 9/01/2021 0.06%LVMH MOET HENNESSY LOUIS VU 0.06%INDONESIA (REP) 10/12/2035 0.06%TURKEY REP OF 3/30/2021 0.06%EZION HOLDINGS LTD 0.06%ROYAL BK SCOTLND 3/16/2016 0.06%WESTAR ENERGY INC 0.06%SEMPRA ENERGY 12/01/2023 0.06%REP OF ECUADOR 12/15/2015 0.06%HANNOVER RUECK SE 0.06%AMGEN INC 11/15/2021 0.06%MORGAN STANLEY 4/29/2016 0.06%UNITED MEXICAN 1/11/2040 0.06%RABOBANK 12/01/2023 0.06%INTUITIVE SURGICAL INC 0.06%ENAGAS SA 0.06%CVS CAREMARK 12/05/2023 0.06%THOMSON REUTERS 11/23/2023 0.06%SEI INVESTMENTS COMPANY 0.06%UNITED PARCEL 1/15/2021 0.06%INDONESIA (REP) 1/17/2038 0.06%DTE ENERGY CO 12/01/2023 0.06%SUNCOR ENERGY INC 0.06%KINGSPAN GROUP PLC 0.06%REPUBLIC OF ECUA 6/20/2024 0.06%FRANCE TELECOM 9/14/2016 0.06%AMGEN INC 11/15/2016 0.06%AMER EXPRESS CR 3/24/2017 0.06%AT&T INC 8/15/2016 0.06%STARWOOD HOTELS & RESORTS 0.06%MARRIOTT VACATIONS WORLD 0.06%PANAMA 1/26/2036 0.05%CATERPILLAR FINL 8/01/2016 0.05%VERIZON COMM INC 11/01/2021 0.05%ANGLO AMERICAN 4/03/2017 0.05%NOMURA HOLDINGS 3/04/2015 0.05%PACIFIC GAS&ELEC 12/15/2041 0.05%SOUTH AFRICA 1/17/2024 0.05%GLENCORE FDG LLC 4/29/2019 0.05%TECK RESOURC 2/01/2018 0.05%GOOGLE INC 2/25/2024 0.05%COCA-COLA CO/THE 11/15/2015 0.05%XEROX CORP 3/15/2019 0.05%AMTRUST FINANCIAL SERVICES 0.05%PACIFICORP 2/01/2022 0.05%AST Portfolio Holdings488 of 635

AST RCM World Trends Portfolio (continued)Security% of PortfolioRABOBANK 11/09/2022 0.05%DUKE ENERGY CORP 8/15/2017 0.05%PETROBRAS 5/20/2016 0.05%ACE INA HOLDINGS 5/15/2024 0.05%ANZ NZ INTL/LDN 4/27/2017 0.05%CSX CORP 8/01/2024 0.05%TOTAL CAP INTL 2/17/2022 0.05%DISCOVER FINANCIAL SERVICES 0.05%FORD MOTOR CRED 3/12/2019 0.05%ROYAL BK CANADA 1/16/2018 0.05%MCDONALD'S CORP 1/15/2022 0.05%WELLS FARGO CO 2/13/2023 0.05%GEORGIA POWER 5/15/2022 0.05%KERRY GROUP PLC-A 0.05%PROCTER & GAMBLE CO/THE 0.05%AVNET INC 0.05%BAYERISCHE MOTOREN WERKE AG 0.05%YOKOHAMA RUBBER CO LTD 0.05%CIGNA CORP 0.05%UK POUND STERLING 0.05%CROATIA 1/26/2024 0.05%TURKEY REP OF 3/17/2036 0.05%PANAMA 8.875% 9/30/2027 0.05%AUTONATION INC 0.05%CHRISTIAN DIOR 0.05%TAIWAN SEMICONDUCTOR MANUFA 0.05%PHILIPPINES(REP) 2/02/2030 0.05%FLORIDA PWR & LT 12/15/2042 0.05%SHIRE PLC 0.05%BRAZIL REP OF 1/22/2021 0.05%LINDT & SPRUENGLI AG-PC 0.05%SWEDISH MATCH AB 0.05%UNILEVER NV-CVA 0.05%SPECTRUM BRANDS HOLDINGS IN 0.05%ACTIVISION BLIZZARD INC 0.05%AKAMAI TECHNOLOGIES INC 0.05%LEGG MASON INC 0.05%CUMULUS MEDIA INC-CL A 0.05%TORCHMARK CORP 0.05%AVEVA GROUP PLC 0.05%NEUSTAR INC-CLASS A 0.05%PACKAGING CORP OF AMERICA 0.05%LAGARDERE SCA 0.05%DASSAULT SYSTEMES SA 0.05%COMSYS HOLDINGS CORP 0.05%CORNING INC 0.05%SNAP-ON INC 0.05%CONOCOPHILLIPS 2/01/2039 0.05%WAL-MART STORES 8/15/2037 0.05%TURKEY REP OF 3/22/2024 0.05%AKZO NOBEL 0.05%XSTRATA FIN CAN 1/15/2017 0.05%SHELL INTL FIN 12/15/2038 0.05%EIFFAGE 0.05%Security% of PortfolioGLAXOSMITHKLINE 5/15/2038 0.05%TRAVELERS COS 6/15/2037 0.05%BANK OF CHINA LTD-H 0.05%KRAFT FOODS INC 2/09/2040 0.05%COMCAST CORP 3/15/2037 0.05%DISTRIBUIDORA INTERNACIONAL 0.05%SUNCOR INC 6/15/2038 0.05%OMNICARE INC 0.05%HUNGARY 3/25/2024 0.05%PHILIPPINES(REP) 10/23/2034 0.05%ASSURANT INC 0.04%VERIZON COMMUNICATIONS INC 0.04%CHINA RESOURCES CEMENT 0.04%SOUTHWESTERN ENERGY CO 0.04%A2A SPA 0.04%ROMANIA 1/22/2044 0.04%PHILIPPINES(REP) 1/14/2031 0.04%TURKEY REP OF 3/05/2038 0.04%RUSSIA-EUROBOND 4/29/2020 0.04%SCANA CORP 0.04%HOME DEPOT INC 12/16/2036 0.04%CANFOR CORP 0.04%IND & COMM BK OF CHINA-H 0.04%GAGFAH SA 0.04%PROCTER & GAMBLE 3/05/2037 0.04%CON EDISON NY 6/15/2040 0.04%PRINCIPAL FINANCIAL GROUP 0.04%BANCO BRADESCO SA-PREF 0.04%PRIDE INTL INC 8/15/2020 0.04%BUNZL PLC 0.04%VIRGINIA EL&PWR 5/15/2037 0.04%NEWS AMER INC 12/15/2034 0.04%GRAND CANYON EDUCATION INC 0.04%CINTAS CORP 0.04%GEN ELEC CAP CRP 1/14/2038 0.04%DIRECTV HLDGS/FN 3/01/2041 0.04%TARGET CORP 0.04%ELECTRONICS FOR IMAGING 0.04%NET ENTERTAINMENT NE AB-B S 0.04%TRAVELERS COS 11/01/2040 0.04%JULIUS BAER GROUP LTD 0.04%HOME DEPOT INC 0.04%AT&T INC 2/15/2019 0.04%PUBLIC SERVICE ENTERPRISE G 0.04%TURKEY REP OF 3/11/2019 0.04%COLOMBIA REP OF 9/18/2037 0.04%VOYA FINANCIAL INC 0.04%ALLIANCE DATA SYSTEMS CORP 0.04%ORACLE CORP 4/15/2018 0.04%DUERR AG 0.04%BOSKALIS WESTMINSTER 0.04%PHILIPS ELECTRON 3/11/2018 0.04%NBCUNIVERSAL MED 4/30/2020 0.04%PHILIP MORRIS IN 5/16/2016 0.04%AST Portfolio Holdings489 of 635

AST RCM World Trends Portfolio (continued)Security% of PortfolioSCOR SE 0.04%KRAFT FOODS GROU 2/10/2020 0.04%TURKEY REP OF 1/15/2030 0.04%WACHOVIA CORP 8/01/2035 0.04%DIRECTV 0.04%BANCA POPOLARE DI MILANO 0.04%CINCINNATI FINANCIAL CORP 0.04%HIKMA PHARMACEUTICALS PLC 0.04%VOLKSWAGEN AG 0.04%COLOMBIA REP OF 2/26/2044 0.04%AMERICAN AIRLINES GROUP INC 0.04%ING GROEP NV-CVA 0.04%THALES SA 0.04%CLARIANT AG-REG 0.04%RIO TINTO FINANC 11/02/2040 0.04%ANADARKO PETRO 9/15/2016 0.04%CHINA CONSTRUCTION BANK-H 0.04%HEARTLAND PAYMENT SYSTEMS I 0.04%UBS AG STAMFORD 7/15/2016 0.04%BANK OF AMERICA CORP 0.04%SARTORIUS STEDIM BIOTECH 0.04%SOUTH AFRICA 3/09/2020 0.04%ILLINOIS TOOL WK 9/15/2041 0.04%STANLEY BLACK 12/15/2053 0.04%XCEL ENERGY INC 9/15/2041 0.04%RTL GROUP 0.04%AAREAL BANK AG 0.04%O'REILLY AUTOMOTIVE INC 0.04%MTN GROUP LTD 0.04%SCHOELLER-BLECKMANN OILFIEL 0.04%KORIAN-MEDICA 0.04%TOPDANMARK A/S 0.04%SOCIETE BIC SA 0.04%TRANS-CANADA PL 10/01/2020 0.04%NISOURCE INC 0.04%HEXPOL AB 0.04%ATCO LTD -CLASS I 0.04%QUESTCOR PHARMACEUTICALS 0.04%NUTRECO NV 0.04%WORTHINGTON INDUSTRIES 0.04%LOWES COMPANIES 4/15/2042 0.04%EXELON GENERATIO 10/01/2020 0.04%BARRICK NA FIN 5/30/2021 0.04%BANK OF NY MELLO 9/23/2021 0.04%DIRECTV HLDGS/FN 3/01/2016 0.04%KINDER MORGAN EN 3/01/2016 0.04%EXELON GENERATIO 6/15/2022 0.04%ENTERPRISE PRODU 2/01/2016 0.04%HALLIBURTON CO 11/15/2021 0.04%PEPSICO INC 11/01/2020 0.04%BRENNTAG AG 0.04%BANK OF NY MELLO 7/28/2016 0.04%KROGER CO/THE 2/01/2024 0.04%HEWLETT-PACK CO 9/15/2017 0.04%Security% of PortfolioBP CAPITAL PLC 10/01/2015 0.04%TGS NOPEC GEOPHYSICAL CO AS 0.04%REPUBLIC SVCS 6/01/2022 0.04%CANADA DOLLAR 0.04%INDONESIA (REP) 1/17/2018 0.04%MEDCO HEALTH SOL 9/15/2015 0.04%DELHAIZE GROUP 0.04%SAFRAN SA 0.04%VALE OVERSEAS 1/11/2022 0.04%BERKSHIRE HATHWY 2/11/2043 0.04%BURCKHARDT COMPRESSION HOLD 0.04%FORD MOTOR CRED 5/15/2015 0.04%PRIMARY HEALTH CARE LTD 0.04%WINTRUST FINANCIAL CORP 0.04%FORD MOTOR CRED 1/16/2018 0.04%GOLDMAN SACHS GP 11/23/2015 0.04%HEALTH CARE REIT 3/15/2018 0.04%WESTERN REFINING INC 0.04%DAIMLER FINANCE 1/11/2016 0.04%IBM CORP 2/06/2017 0.04%INDONESIA (REP) 3/13/2020 0.04%BP CAPITAL PLC 5/06/2022 0.04%AMAZON.COM INC 11/27/2015 0.04%GATX CORP 0.04%RUSSIA-EUROBOND 4/04/2042 0.04%TARGET CORP 1/15/2022 0.04%TOYOTA MTR CRED 10/05/2017 0.04%BURLINGTON NORTH 3/15/2042 0.04%REPUBLIC OF PERU 11/21/2033 0.04%DAILY MAIL&GENERAL TST-A NV 0.04%PNM RESOURCES INC 0.04%AMERICAN RAILCAR INDUSTRIES 0.04%BRISTOL-MYER SQB 3/01/2019 0.04%DE'LONGHI SPA 0.04%STATE STREET COR 5/15/2023 0.03%LINAMAR CORP 0.03%LITHUANIA 2/11/2020 0.03%BECTON DICKINSON AND CO 0.03%TEVA PHA FIN IV 3/18/2020 0.03%RED ROBIN GOURMET BURGERS 0.03%ENTERPRISE PRODU 2/15/2043 0.03%EDENRED 0.03%TRULY INTERNATIONAL HOLDING 0.03%PNC BANK NA 11/01/2022 0.03%SAMSUNG ELECTRONICS-PREF 0.03%NEW YORK COMMUNITY BANCORP 0.03%ANHEUSER-BUSCH 7/15/2022 0.03%DEVON ENERGY CORPORATION 0.03%WALT DISNEY CO 12/01/2022 0.03%INDONESIA (REP) 1/15/2044 0.03%UNION PACIFIC CORP 0.03%OMNICELL INC 0.03%GLANBIA PLC 0.03%DUKE ENERGY CAR 6/01/2037 0.03%AST Portfolio Holdings490 of 635

AST RCM World Trends Portfolio (continued)Security% of PortfolioBORGWARNER INC 0.03%WALLENSTAM AB-B SHS 0.03%AIR LEASE CORP 0.03%SM ENERGY CO 0.03%FUCHS PETROLUB SE -PREF 0.03%TIME WARNER CABLE 0.03%RATIONAL AG 0.03%DAIHATSU MOTOR CO LTD 0.03%APPLE INC 5/04/2043 0.03%BELLWAY PLC 0.03%KINDER MORGAN EN 11/15/2014 0.03%MIZUHO FINANCIAL GROUP INC 0.03%B/E AEROSPACE INC 0.03%GOLDMAN SACHS GP 2/01/2041 0.03%OXFORD INSTRUMENTS PLC 0.03%AMADEUS IT HOLDING SA-A SHS 0.03%NESTLE SA-REG 0.03%PANAMA 4/01/2029 0.03%S FRWD JPY 1 8/25/2014 0.03%SUMITOMO OSAKA CEMENT CO LT 0.03%HUNGARY 3/29/2041 0.03%XEROX CORP 0.03%CHR HANSEN HOLDING A/S 0.03%TE CONNECTIVITY LTD 0.03%VERIZON COMM INC 11/01/2042 0.03%SONAE 0.03%MENTOR GRAPHICS CORP 0.03%TELEPERFORMANCE 0.03%ESSILOR INTERNATIONAL 0.03%MONEYSUPERMARKET.COM 0.03%VACON OYJ 0.03%GENUS PLC 0.03%UNITED MEXICAN 10/12/2099 0.03%FACEBOOK INC-A 0.03%BRAZIL REP OF 1/15/2019 0.03%WESTERN FOREST PRODUCTS INC 0.03%JOHNSON&JOHNSON 5/15/2041 0.03%SAMPO OYJ-A SHS 0.03%MAPFRE SA 0.03%PROSAFE SE 0.03%KEWPIE CORP 0.03%BETSSON AB 0.03%THERMO FISHER SCIENTIFIC IN 0.03%AXA SA 0.03%BOLSAS Y MERCADOS ESPANOLES 0.03%CANCOM SE 0.03%SKY NETWORK TELEVISION LTD 0.03%GENWORTH MI CANADA INC 0.03%CENTURYLINK INC 0.03%SES GLOBAL GROUP 3/25/2019 0.03%SASOL LTD 0.03%OW BUNKER A/S 0.03%PACIRA PHARMACEUTICALS INC 0.03%CHESAPEAKE ENERGY CORP 0.03%Security% of PortfolioELEC DE FRANCE 1/22/2024 0.03%WOOD GROUP (JOHN) PLC 0.03%MELIA HOTELS INTERNATIONAL 0.03%EREGLI DEMIR VE CELIK FABRI 0.03%MERCK & CO. INC. 0.03%ARRIS GROUP INC 0.03%DELPHI CORP 3/15/2024 0.03%GENERAL MILLS IN 2/15/2024 0.03%MONTPELIER RE HOLDINGS LTD 0.03%SJM HOLDINGS LTD 0.03%JARDINE MATHESON 0.03%PHILIPPINES(REP) 6/17/2019 0.03%DUNELM GROUP PLC 0.03%HYUNDAI MOTOR CO LTD-PRF 0.03%INDONESIA (REP) 1/15/2024 0.03%INTERROLL HOLDING AG-REG 0.03%ORPEA 0.03%MATSUMOTOKIYOSHI HOLDINGS C 0.03%STEINHOFF INTL HOLDINGS LTD 0.03%BOOKER GROUP PLC 0.03%CHINA PETROLEUM & CHEMICAL- 0.03%WESTON (GEORGE) LTD 0.03%TRANS-CANADA PL 1/15/2039 0.03%HALMA PLC 0.03%BANK NEGARA INDONESIA PERSE 0.03%BECHTLE AG 0.03%SENSIENT TECHNOLOGIES CORP 0.03%AMERICAN EXPRESS 12/03/2042 0.03%HALLIBURTON CO 0.03%ELEMENTIS PLC 0.03%MEDA AB-A SHS 0.03%VIRBAC SA 0.03%AMER SPORTS OYJ 0.03%SYMRISE AG 0.03%FEDEX CORP 4/15/2043 0.03%SAMSUNG ELECTR-GDR REG S 0.03%GAMESA CORP TECNOLOGICA SA 0.03%AGL RESOURCES INC 0.02%DIAMONDBACK ENERGY INC 0.02%SK NETWORKS CO LTD 0.02%SPIRIT AIRLINES INC 0.02%REED ELSEVIER NV 0.02%CORE-MARK HOLDING CO INC 0.02%AXIS COMMUNICATIONS AB 0.02%VECTREN CORPORATION 0.02%HUNTINGTON INGALLS INDUSTRI 0.02%BPCE 7/21/2024 0.02%MORGAN STANLEY 0.02%HON HAI PRECISION INDUSTRY 0.02%VERINT SYSTEMS INC 0.02%PETROCHINA CO LTD -ADR 0.02%JM AB 0.02%CREDIT AGRICOLE SA 0.02%BROCADE COMMUNICATIONS SYS 0.02%AST Portfolio Holdings491 of 635

AST RCM World Trends Portfolio (continued)Security% of PortfolioGN STORE NORD A/S 0.02%OPAP SA 0.02%CARRIZO OIL & GAS INC 0.02%IBM CORP 10/30/2025 0.02%CONVERGYS CORP 0.02%GREENCORE GROUP PLC 0.02%JOHNSON&JOHNSON 8/15/2037 0.02%UBISOFT ENTERTAINMENT 0.02%PITNEY BOWES INC 0.02%ASTRAZENECA PLC 9/15/2037 0.02%TALANX AG 0.02%GERRY WEBER INTL AG 0.02%SK HYNIX INC 0.02%TENCENT HOLDINGS LTD 0.02%NATUREX 0.02%CRODA INTERNATIONAL PLC 0.02%TELEFONICA EMIS 6/20/2036 0.02%KAISER ALUMINUM CORP 0.02%AUSTRALIA DOLLAR 0.02%METHANEX CORP 0.02%ARRIUM LTD 0.02%HURON CONSULTING GROUP INC 0.02%MURPHY USA INC 0.02%PETS AT HOME GROUP PLC 0.02%VERIZON COMM INC 9/15/2043 0.02%ASPEN TECHNOLOGY INC 0.02%SYNTEL INC 0.02%BANCO SANTANDER-CHILE-ADR 0.02%CNOOC CURTIS FUN 10/03/2023 0.02%UOL GROUP LTD 0.02%HYUNDAI MOTOR CO 0.02%VITRO S.A.B.-SERIES A 0.02%SCHWEITZER-MAUDUIT INTL INC 0.02%REPUBLIC OF PERU 11/18/2050 0.02%FLIGHT CENTRE TRAVEL GROUP 0.02%ALMIRALL SA 0.02%ICON PLC 0.02%MATADOR RESOURCES CO 0.02%PUBLIC POWER CORP 0.02%SOUTH AFRICA 5/30/2022 0.02%CROATIA 11/05/2019 0.02%SCHWEIZERISCHE NATL-V AG-RE 0.02%TOWER INTERNATIONAL INC 0.02%PHILIPPINES(REP) 1/13/2037 0.02%ARSEUS NV 0.02%WH SMITH PLC 0.02%KINDER MORGAN EN 1/15/2038 0.02%SYNCHRONOSS TECHNOLOGIES IN 0.02%BENCHMARK ELECTRONICS INC 0.02%DELPHI AUTOMOTIVE PLC 0.02%DISCOVERY COMMUN 6/01/2040 0.02%SANDERSON FARMS INC 0.02%PEPSICO INC 1/15/2040 0.02%WILLIAMS COS INC 1/15/2031 0.02%Security% of PortfolioSERVICE CORP INTERNATIONAL 0.02%HERBALIFE LTD 0.02%POLYONE CORPORATION 0.02%TEAM HEALTH HOLDINGS INC 0.02%VICTREX PLC 0.02%WILLIAMS-SONOMA INC 0.02%TENAGA NASIONAL BHD 0.02%CDW CORP/DE 0.02%CIA BRASILEIRA DE DIS-SP PR 0.02%ANHEUSER-BUSCH 1/15/2020 0.02%CLOSE BROTHERS GROUP PLC 0.02%KAPSTONE PAPER AND PACKAGIN 0.02%DMG MORI SEIKI AG-BR 0.02%BIOGAIA AB-B SHS 0.02%COPA HOLDINGS SA-CLASS A 0.02%BOOZ ALLEN HAMILTON HOLDING 0.02%HUHTAMAKI OYJ 0.02%MACQUARIE INFRASTRUCTURE CO 0.02%FUBON FINANCIAL HOLDING CO 0.02%RESTAURANT GROUP PLC 0.02%HONEYWELL INTL 2/15/2019 0.02%CREDITO VALTELLINESE SCARL 0.02%DBS GROUP HOLDINGS LTD 0.02%TUTOR PERINI CORP 0.02%CURTISS-WRIGHT CORP 0.02%BERTRANDT AG 0.02%YUE YUEN INDUSTRIAL HLDG 0.02%ACADIA HEALTHCARE CO INC 0.02%CRACKER BARREL OLD COUNTRY 0.02%PRIVATEBANCORP INC 0.02%HEWLETT-PACK CO 12/09/2021 0.02%JBS SA 0.02%DELHAIZE GROUP 10/01/2040 0.02%PING AN INSURANCE GROUP CO- 0.02%HELLENIC EXCHANGES - ATHENS 0.02%SK TELECOM CO LTD-ADR 0.02%SIX FLAGS ENTERTAINMENT COR 0.02%SISTEMA JSFC-REG S SPONS GD 0.02%TELKOM SA SOC LTD 0.02%DCC PLC 0.02%MONDI LTD 0.02%KELLOGG CO 5/21/2018 0.02%INTEL CORP 10/01/2041 0.02%PAREXEL INTERNATIONAL CORP 0.02%MICROSOFT CORP 10/01/2040 0.02%BANCO DAVIVIENDA SA 0.02%WIENERBERGER AG 0.02%UNITED TECH CORP 6/01/2042 0.02%WEX INC 0.02%XPO LOGISTICS INC 0.02%SENIOR PLC 0.02%LOCKHEED MARTIN 9/15/2016 0.02%FEDEX CORP 0.02%HILLTOP HOLDINGS INC 0.02%AST Portfolio Holdings492 of 635

AST RCM World Trends Portfolio (continued)Security% of PortfolioWESTERN ALLIANCE BANCORP 0.02%GOLDMAN SACHS GP 7/19/2018 0.02%DEUTSCHE TEL FIN 3/23/2016 0.02%COMCAST CORP 3/01/2024 0.02%XSTRATA FIN CAN 10/25/2022 0.02%BHP FINANCE USA 2/24/2017 0.02%GENTHERM INC 0.02%CIE AUTOMOTIVE SA 0.02%NIBE INDUSTRIER AB-B SHS 0.02%KIA MOTORS CORPORATION 0.02%ALBANY MOLECULAR RESEARCH 0.02%NPS PHARMACEUTICALS INC 0.02%PETROBRAS - PETROLEO BRAS-P 0.02%MICRO-STAR INTERNATIONAL CO 0.02%STANTEC INC 0.02%TATA MOTORS LTD-SPON ADR 0.02%GREENE KING PLC 0.02%DUKE ENERGY CORP 8/15/2022 0.02%BARRICK GOLD COR 5/01/2023 0.02%TAISHIN FINANCIAL HOLDING 0.02%ONTEX GROUP NV 0.02%CBS CORP 7/01/2042 0.02%MIDDLEBY CORP 0.02%BOVIS HOMES GROUP PLC 0.02%DEERE & CO 6/08/2022 0.02%CSR PLC 0.02%SANCHEZ ENERGY CORP 0.02%RELIANCE INDS-SPONS GDR 144 0.02%EVERBANK FINANCIAL CORP 0.02%ULTIMATE SOFTWARE GROUP INC 0.02%ALTRIA GROUP INC 4.5% NT 5/02/2043 0.02%ECHOSTAR CORP-A 0.02%DAICEL CORP 0.02%CATHAY GENERAL BANCORP 0.02%INTERPARFUMS SA 0.02%SUNEDISON INC 0.02%PTC INC 0.02%INVESTEC LTD 0.02%ST JUDE MEDICAL INC 0.02%JENOPTIK AG 0.02%IINET LTD 0.02%DIAGEO CAP PLC 4/29/2043 0.02%SAIA INC 0.02%PRIMORIS SERVICES CORP 0.02%S FRWD EUR 8/25/2014 0.02%MAXIMUS INC 0.02%PHILIP MORRIS IN 8/21/2042 0.02%SWIFT TRANSPORTATION CO 0.02%FOOT LOCKER INC 0.02%POSCO 0.02%PRAXAIR INC 11/07/2042 0.02%SCANDI STANDARD AB 0.02%CIA DE DISTRIBUCION INTEGRA 0.02%CROMWELL PROPERTY GROUP 0.02%Security% of PortfolioITAUSA-INVESTIMENTOS ITAU-P 0.02%WIRECARD AG 0.02%TECNICAS REUNIDAS SA 0.02%PACE PLC 0.02%AIRCASTLE LTD 0.02%BRUNEL INTERNATIONAL 0.02%BONANZA CREEK ENERGY INC 0.02%EAGLE MATERIALS INC 0.02%LAS VEGAS SANDS CORP 0.02%SUPER MICRO COMPUTER INC 0.02%SEGRO PLC 0.02%HYUNDAI MOTOR CO LTD-2ND PR 0.02%CONSTANT CONTACT INC 0.02%FISCHER (GEORG)-REG 0.02%GAMELOFT SE 0.02%COCA-COLA CO/THE 0.02%AIR NEW ZEALAND LTD 0.02%VIACOM INC-CLASS B 0.02%PBF ENERGY INC-CLASS A 0.02%COMPEQ MANUFACTURING CO LTD 0.02%EXAMWORKS GROUP INC 0.02%INDUSTRIAS BACHOCO SAB SP A 0.02%ZHEJIANG EXPRESSWAY CO-H 0.02%ANIMA HOLDING SPA 0.02%LIJUN INTL PHARMACETL HLDG 0.01%MERITOR INC 0.01%CEMENTIR HOLDING SPA 0.01%PETROCHINA CO LTD-H 0.01%TAIWAN SEMICONDUCTOR-SP ADR 0.01%SALMAR ASA 0.01%CHEESECAKE FACTORY INC/THE 0.01%ANIKA THERAPEUTICS INC 0.01%METKA SA 0.01%DECKERS OUTDOOR CORP 0.01%ROADRUNNER TRANSPORTATION S 0.01%BAKKAFROST P/F 0.01%PTT EXPLORATION & PROD-FOR 0.01%CADENCE DESIGN SYS INC 0.01%UBIQUITI NETWORKS INC 0.01%BURLINGTON STORES INC 0.01%H&E EQUIPMENT SERVICES INC 0.01%PARKER DRILLING CO 0.01%PORTFOLIO RECOVERY ASSOCIAT 0.01%AGRICULTURAL BANK OF CHINA- 0.01%GLOBUS MEDICAL INC - A 0.01%BOISE CASCADE CO 0.01%CHINA CITIC BANK CORP LTD-H 0.01%ICG GROUP INC 0.01%GAZPROM OAO-SPON ADR 0.01%SOUTH STATE CORP 0.01%SUNTRUST BANKS INC 0.01%OASIS PETROLEUM INC 0.01%KOREA ELECTRIC POWER CORP 0.01%POLYCOM INC 0.01%AST Portfolio Holdings493 of 635

AST RCM World Trends Portfolio (continued)Security% of PortfolioLINN CO LLC 0.01%FINECOBANK SPA 0.01%FORTUNE BRANDS HOME & SECUR 0.01%OUTERWALL INC 0.01%SYNAPTICS INC 0.01%ACI WORLDWIDE INC 0.01%FIRST RESOURCES LTD 0.01%CENTENE CORP 0.01%TATNEFT-SPONSORED REGS GDR 0.01%PARAGON GROUP COMPANIES PLC 0.01%ARCBEST CORP 0.01%MOTORCAR PARTS OF AMERICA I 0.01%POPULAR INC 0.01%DS SMITH PLC 0.01%ASSOCIATED BRITISH FOODS PL 0.01%HEALTHSOUTH CORP 0.01%GUIDEWIRE SOFTWARE INC 0.01%KULICKE & SOFFA INDUSTRIES 0.01%SCIENCE APPLICATIONS INTE 0.01%OLIN CORP 0.01%ASM INTERNATIONAL NV 0.01%WABASH NATIONAL CORP 0.01%GRUPO AEROPORTUARIO PAC-ADR 0.01%BB&T CORP 0.01%RIGHTMOVE PLC 0.01%ION GEOPHYSICAL CORP 0.01%DH CORP 0.01%FORWARD AIR CORPORATION 0.01%SOUTHWEST GAS CORP 0.01%LIGAND PHARMACEUTICALS 0.01%LORAL SPACE & COMMUNICATION 0.01%UMPQUA HOLDINGS CORP 0.01%PACIFIC RUBIALES ENERGY COR 0.01%VALE SA-SP PREF ADR 0.01%WHITECAP RESOURCES INC 0.01%DELTA LLOYD NV 0.01%VONAGE HOLDINGS CORP 0.01%PENN VIRGINIA CORP 0.01%UNIVERSAL ROBINA CORP 0.01%PHIBRO ANIMAL HEALTH CORP-A 0.01%METHODE ELECTRONICS INC 0.01%MANITOWOC COMPANY INC 0.01%SANLAM LTD 0.01%KERYX BIOPHARMACEUTICALS 0.01%CONTROL4 CORP 0.01%SEALED AIR CORP 0.01%BOULDER BRANDS INC 0.01%ON ASSIGNMENT INC 0.01%CARDINAL HEALTH INC 0.01%HANGER INC 0.01%LUKOIL OAO-SPON ADR 0.01%JU TENG INTERNATIONAL HLDGS 0.01%AMSURG CORP 0.01%SURGUTNEFTEGAZ-SP ADR 0.01%Security% of PortfolioCANADIAN SOLAR INC 0.01%HANIL CEMENT CO LTD 0.01%CHINA TELECOM CORP LTD-H 0.01%B&G FOODS INC 0.01%NEWPORT CORP 0.01%CHINA MOBILE LTD 0.01%DENKI KAGAKU KOGYO K K 0.01%SYNERGY RESOURCES CORP 0.01%CIELO SA 0.01%LANDS' END INC 0.01%AVERY DENNISON CORP 0.01%ENERGA SA 0.01%NEKTAR THERAPEUTICS 0.01%ANDERSONS INC/THE 0.01%BRILLIANCE CHINA AUTOMOTIVE 0.01%TRIMAS CORP 0.01%CYNOSURE INC-A 0.01%LIBERTY HOLDINGS LTD 0.01%CUBIST PHARMACEUTICALS INC 0.01%SWISSQUOTE GROUP HOLDING-RE 0.01%WILLIAM LYON HOMES-CL A 0.01%BANK OF COMMUNICATIONS CO-H 0.01%CIA PARANAENSE ENER-SP ADR 0.01%SAINSBURY (J) PLC 0.01%ENDOLOGIX INC 0.01%EMBRAER SA 0.01%KENNEDY-WILSON HOLDINGS INC 0.01%DYCOM INDUSTRIES INC 0.01%ABM INDUSTRIES INC 0.01%CIA ENERGETICA DE SP-PREF B 0.01%JUST EAT PLC 0.01%HUANENG POWER INTL INC-H 0.01%MWI VETERINARY SUPPLY INC 0.01%FRONTIER COMMUNICATIONS COR 0.01%NCR CORPORATION 0.01%HYSTER-YALE MATERIALS 0.01%KEYCORP 0.01%CHINA MINSHENG BANKING-H 0.01%HOLLYFRONTIER CORP 0.01%PLEXUS CORP 0.01%WEB.COM GROUP INC 0.01%WASTE MANAGEMENT INC 0.01%SKECHERS USA INC-CL A 0.01%BOFI HOLDING INC 0.01%HONG LEONG FINANCIAL GROUP 0.01%TELEKOMUNIKASI INDONESIA PE 0.01%INSYS THERAPEUTICS INC 0.01%LIBERTY VENTURES - SER A 0.01%CHEMTURA CORP 0.01%PINNACLE ENTERTAINMENT INC 0.01%SAMSUNG ELECTRONICS CO LTD 0.01%SUL AMERICA SA - UNITS 0.01%TOWER SEMICONDUCTOR LTD 0.01%FINISAR CORPORATION 0.01%AST Portfolio Holdings494 of 635

AST RCM World Trends Portfolio (continued)Security% of PortfolioGRUMA S.A.B.-B 0.01%DOMTAR CORP 0.01%ADVANCED ENERGY INDUSTRIES 0.01%CHINA POWER INTERNATIONAL 0.01%PTT GLOBAL CHEMICAL PCL-FOR 0.01%MOBILE TELESYSTEMS-SP ADR 0.01%BANK RAKYAT INDONESIA PERSE 0.01%ICICI BANK LTD-SPON ADR 0.01%CORP FINANCIERA COLOMBIANA 0.01%WAL-MART STORES INC 0.01%CHEMTRADE LOGISTICS INCOM F 0.01%ASUSTEK COMPUTER INC 0.01%BANK MANDIRI PERSERO TBK PT 0.01%CHINA OILFIELD SERVICES-H 0.01%WYNN RESORTS LTD 0.01%GUANGZHOU R&F PROPERTIES - 0.01%DMCI HOLDINGS INC 0.01%LITE-ON TECHNOLOGY CORP 0.01%JAPAN YEN 0.01%NETCARE LTD 0.01%8X8 INC 0.01%NEWALTA CORP 0.01%AECI LTD 0.01%PGE SA 0.01%CHINA COMMUNICATIONS CONST- 0.01%WUZHOU INTERNATIONAL HOLDIN 0.01%TECO ELECTRIC & MACHINERY 0.01%CHEUNG KONG HOLDINGS LTD 0.01%PUMA BIOTECHNOLOGY INC 0.01%HORIZON PHARMA INC 0.01%SPARTANNASH CO 0.01%ADVANCED SEMICONDUCTOR E-AD 0.01%BLUCORA INC 0.01%GRAHAM HOLDINGS CO-CLASS B 0.01%MGM CHINA HOLDINGS LTD 0.01%NABORS INDUSTRIES LTD 0.01%HYUNDAI MOBIS CO LTD 0.01%CHINA DEVELOPMENT FINANCIAL 0.01%WING TAI HOLDINGS LTD 0.01%WIPRO LTD-ADR 0.01%RF MICRO DEVICES INC 0.01%GERDAU SA-PREF 0.01%CHAILEASE HOLDING CO LTD 0.01%TENNECO INC 0.01%BB SEGURIDADE PARTICIPACOES 0.01%GLATFELTER 0.01%WONIK IPS CO LTD 0.01%USANA HEALTH SCIENCES INC 0.01%CHONGQING RURAL COMMERCIAL- 0.01%GAZPROM NEFT-SPONSORED ADR 0.01%CORETRONIC CORP 0.01%PORTO SEGURO SA 0.01%AMBEV SA-SPN ADR 0.01%3M CO 0.01%Security% of PortfolioCHINA HUIYUAN JUICE GROUP 0.01%DONGBU INSURANCE CO LTD 0.01%CREDICORP LTD 0.01%KWG PROPERTY HOLDING LTD 0.01%CHINA TRAVEL INTL INV HK 0.01%SHENZHEN INTL HOLDINGS 0.01%MRV ENGENHARIA 0.01%FOSUN INTERNATIONAL 0.01%JA SOLAR HOLDINGS CO LTD-AD 0.01%VANGUARD INTERNATIONAL SEMI 0.01%BANCO DO BRASIL S.A. 0.01%GRUPO AEROPORTUARIO SUR-ADR 0.01%BRASKEM SA-PREF A 0.01%ROYAL CARIBBEAN CRUISES LTD 0.01%TAV HAVALIMANLARI HOLDING A 0.01%SHENZHEN EXPRESSWAY CO-H 0.01%CHINA NATIONAL BUILDING MA- 0.01%SAPPI LIMITED 0.01%TCL COMMUNICATION TECH HLDG 0.01%CHINA RAILWAY CONSTRUCTION- 0.01%TURKIYE SINAI KALKINMA BANK < 0.01%HUADIAN POWER INTL CORP-H < 0.01%CHINA EVERBRIGHT BANK CO L- < 0.01%GRUPO AEROPORT DEL PACIFIC- < 0.01%KASIKORNBANK PCL-FOREIGN < 0.01%DEVRY EDUCATION GROUP INC < 0.01%GUANGDONG INVESTMENT LTD < 0.01%AMAZON.COM INC < 0.01%CA INC < 0.01%TURKIYE HALK BANKASI < 0.01%KOHLS CORP < 0.01%JETBLUE AIRWAYS CORP < 0.01%CHINA SOUTH CITY HOLDINGS < 0.01%BANCO DE CHILE-ADR < 0.01%TAURON POLSKA ENERGIA SA < 0.01%BBVA BANCO FRANCES SA-ADR < 0.01%GRUPO AEROPORTUARIO CEN-ADR < 0.01%OMNIA HOLDINGS LTD < 0.01%BANCO MACRO SA-ADR < 0.01%GAFISA SA < 0.01%DRAGON OIL PLC < 0.01%HUISHANG BANK CORP LTD-H < 0.01%NASPERS LTD-N SHS < 0.01%WINBOND ELECTRONICS CORP < 0.01%ATTACQ LTD < 0.01%DAH SING BANKING GROUP LTD < 0.01%FUGUINIAO CO LTD < 0.01%LENOVO GROUP LTD < 0.01%INOTERA MEMORIES INC < 0.01%SEAH STEEL CORPORATION < 0.01%COMFORTDELGRO CORP LTD < 0.01%ALLIANCE GLOBAL GROUP INC < 0.01%PETROLEO BRASILEIRO S.A.-AD < 0.01%GOLDPAC GROUP LTD < 0.01%AST Portfolio Holdings495 of 635

AST RCM World Trends Portfolio (continued)Security% of PortfolioNAVIENT CORP < 0.01%TELECOM ARGENTINA SA-SP ADR < 0.01%COCA-COLA ENTERPRISES < 0.01%MISC BHD < 0.01%AMMB HOLDINGS BHD < 0.01%SINO-OCEAN LAND HOLDINGS < 0.01%PICK'N PAY HOLDINGS LTD < 0.01%BANK MILLENNIUM SA < 0.01%BEIJING CAPITAL INTL AIRPO- < 0.01%BANREGIO GRUPO FINANCIERO S < 0.01%CHINA MERCHANTS BANK-H < 0.01%VALE SA-SP ADR < 0.01%XINYI GLASS HOLDINGS LTD < 0.01%TATA STEEL LTD-GDR REG S < 0.01%CEMIG SA -SPONS ADR < 0.01%BORDERFREE INC < 0.01%SIBANYE GOLD- SPON ADR < 0.01%WNS HOLDINGS LTD-ADR < 0.01%HYUNDAI MARINE & FIRE INS C < 0.01%NET 1 UEPS TECHNOLOGIES INC < 0.01%MIZRAHI TEFAHOT BANK LTD < 0.01%HANWHA LIFE INSURANCE CO LT < 0.01%UNITED MICROELECTRON-SP ADR < 0.01%K WAH INTL HOLDINGS < 0.01%TIMES PROPERTY HOLDINGS LTD < 0.01%KONGZHONG CORP-ADR < 0.01%BOOKER GROUP B SHARES < 0.01%EUROPEAN CURRENCY < 0.01%TAIWAN DOLLAR < 0.01%SWEDISH KRONA < 0.01%CHICONY ELECTRONICS CO LTD < 0.01%S SPOT GBP 8/01/2014 < 0.01%L SPOT CHF 8/05/2014 < 0.01%STARWOOD WAYPOINT RESIDE < 0.01%NOW INC/DE < 0.01%SEVENTY SEVEN ENERGY INC < 0.01%SOUTH AFRICAN RAN < 0.01%AUSTRALIAN DOLLAR < 0.01%MITEL NETWORKS CORP < 0.01%TIME INC < 0.01%ENERGY XXI BERMUDA < 0.01%S SPOT SEK 8/01/2014 < 0.01%SINGAPORE DOLLAR < 0.01%S SPOT CND 8/01/2014 < 0.01%S SPOT HK 8/04/2014 < 0.01%CANADIAN DOLLAR < 0.01%S SPOT CND 8/01/2014 < 0.01%S SPOT HK 8/01/2014 < 0.01%S SPOT HK 8/01/2014 < 0.01%L SPOT EUR 8/04/2014 < 0.01%S SPOT CND 8/01/2014 < 0.01%L SPOT EUR 8/01/2014 < 0.01%S SPOT CND 8/01/2014 < 0.01%S SPOT EUR 8/04/2014 < 0.01%Security% of PortfolioL SPOT CHF 8/04/2014 < 0.01%L SPOT SEK 8/01/2014 < 0.01%L SPOT GBP 8/04/2014 < 0.01%L SPOT CHF 8/04/2014 < 0.01%L SPOT GBP 8/01/2014 < 0.01%L SPOT CHF 8/04/2014 < 0.01%L SPOT GBP 8/01/2014 < 0.01%L SPOT GBP 8/01/2014 < 0.01%L SPOT NZD 8/01/2014 < 0.01%HONG KONG DOLLAR < 0.01%UK POUND STERLING < 0.01%TRS (DJUBS) INDEX -0.02%AST Portfolio Holdings496 of 635

AST Schroders Global Tactical PortfolioSecurity% of PortfolioESU4 S&P 500 EMINI FUT 9/24/2014 18.49%PRUDENTIAL CORE INVESTMENT 16.47%ISHARES CORE S&P 500 ETF 4.75%SPDR S&P 500 ETF TRUST 3.88%PRICE-VALUE 3.45%RTAU4S RUSSELL 2000 MINI 9/24/2014 2.80%NEUBERG-GENES-IN 2.77%NKU4 NIKKEI 225 (OSE) 9/17/2014 2.43%TRS (SPTRUTIL) INDEX 11/24/2014 2.22%ASTON-M&C GRW-I 1.70%ISHARES MSCI EMERGING MARKE 1.48%TSY INFL IX N/B 1/15/2024 1.46%VGU4 EURO STOXX 50 9/23/2014 0.80%FANNIE MAE 12/01/2043 0.80%XPU4S SPI 200 FUTURES 9/24/2014 0.75%SPDR BARCLAYS HIGH YIELD BD 0.73%TRS (SPTRUTIL) INDEX 11/24/2014 0.73%STU4S FTSE/MIB IDX FUT 9/24/2014 0.73%ISHARES JP MORGAN USD EMERG 0.72%ISHARES CORE U.S. AGGREGATE 0.61%ISHARES IBOXX HIGH YIELD CO 0.60%US TREASURY N/B 4/30/2018 0.52%US TREASURY N/B 5/15/2024 0.47%US TREASURY N/B 6/30/2019 0.47%WNU4S US ULTRA BOND(CBT) 10/05/2014 0.44%US 10YR NOTE (CBT) 10/05/2014 0.41%IBQ4S IBEX 35 INDX FUTR 8/20/2014 0.37%USU4 US LONG BOND (CBT) 10/05/2014 0.31%ROCHE HOLDING AG-GENUSSCHEI 0.27%HSBC HOLDINGS PLC 0.27%FANNIE MAE 1/01/2044 0.24%NESTLE SA-REG 0.21%TORONTO DOM BANK 3/13/2017 0.20%SUMITOMO MITSUI FINANCIAL G 0.20%BRIDGESTONE CORP 0.19%ASTRAZENECA PLC 0.19%BNP PARIBAS 0.18%VODAFONE GROUP PLC 0.18%BHP BILLITON PLC 0.17%SANOFI 0.17%ROYAL DUTCH SHELL PLC-A SHS 0.17%SMC CORP 0.16%FREDDIE MAC 3/01/2043 0.15%NOKIA OYJ 0.15%FVU4S US 5YR NOTE (CBT) 10/08/2014 0.15%TSY INFL IX N/B 4/15/2019 0.15%ROYAL BK SCOTLND 3/16/2016 0.15%PRUDENTIAL PLC 0.15%SCHNEIDER ELECTRIC SE 0.15%SOCIETE GENERALE 1/17/2024 0.15%GOVERNMENT NATIONAL MORTGAG 10/20/2023 0.15%VERIZON COMM INC 9/15/2043 0.14%STATOIL ASA 0.14%DBS GROUP HOLDINGS LTD 0.14%Security% of PortfolioCAN IMPERIAL BK 1/27/2016 0.14%ZURICH INSURANCE GROUP AG 0.14%TUU4 US 2YR NOTE (CBT) 10/05/2014 0.13%TORONTO-DOMINION BANK 0.13%NISSAN MOTOR CO LTD 0.13%CREDIT SUISSE GROUP AG-REG 0.13%SAFRAN SA 0.13%IDEA CELLUL-CW17 0.13%MIAMI-DADE CNTY FL TRANSIT 7/01/2042 0.13%AIA GROUP LTD 0.13%BG GROUP PLC 0.13%FLORIDA ST HURRICANE CATAST 7/01/2020 0.12%SEKISUI CHEMICAL CO LTD 0.12%SAP SE 0.12%HITACHI LTD 0.12%BOLIGKREDITT 11/15/2019 0.12%CONTINENTAL AG 0.12%CAPITA PLC 0.12%DNB ASA 0.11%NABTESCO CORP 0.11%UCB SA 0.11%DIAGEO PLC 0.11%SUEZ ENVIRONNEMENT CO 0.11%JARDINE STRATEGIC HLDGS LTD 0.11%FANNIE MAE 10/10/2024 0.11%FANNIE MAE 4/25/2033 0.10%REP OF POLAND 1/22/2024 0.10%EUROPEAN CURRENCY 0.10%CHECK POINT SOFTWARE TECH 0.10%SYNGENTA AG-REG 0.10%LONZA GROUP AG-REG 0.10%BARCLAYS PLC 0.10%BT GROUP PLC 0.10%FREMF 2012-KF01 2.85% 10/25/2044 0.10%FANNIE MAE 8/01/2043 0.10%US TREASURY N/B 1/15/2016 0.10%EAST JAPAN RAILWAY CO 0.09%ASTELLAS PHARMA INC 0.09%FREMF 2013-KF02 12/25/2045 0.09%BRAMBLES LTD 0.09%HEIDELBERGCEMENT AG 0.09%FANNIE MAE 6/01/2043 0.09%INTESA SANPAOLO 0.09%EURASIAN DEV 9/26/2020 0.09%BANK NOVA SCOTIA 1/30/2017 0.09%ESSILOR INTERNATIONAL 0.09%GOVERNMENT NATIONAL MORTGAG 8/20/2039 0.09%US TREASURY N/B 6/30/2016 0.09%FANNIE MAE 4/01/2043 0.09%SVENSKA CELLULOSA AB SCA-B 0.08%ADECCO SA-REG 0.08%KERING 0.08%STANDARD CHART 3/26/2044 0.08%BANK OF MONTREAL 1/30/2017 0.08%AST Portfolio Holdings497 of 635

AST Schroders Global Tactical Portfolio (continued)Security% of PortfolioEURO 0.08%ONEMAIN FINANCIAL ISSUANCE 6/18/2024 0.08%SANTANDER DRIVE AUTO RECEIV 6/17/2019 0.08%HONGKONG LAND HOLDINGS LTD 0.08%BANK OF AMER CRP 4/01/2019 0.08%SANTANDER DRIVE AUTO RECEIV 4/15/2020 0.08%FMS WERTMANAGE 11/20/2018 0.08%GEA GROUP AG 0.08%BAYERISCHE MOTOREN WERKE AG 0.08%PETROLEOS MEXICA 6/15/2035 0.08%US TREASURY N/B 7/31/2018 0.08%COLOMBIA REP OF 2/26/2044 0.08%BANK OF AMER CRP 1/11/2023 0.08%ORACLE CORP 7/08/2024 0.08%CANON INC 0.08%BANK NOVA SCOTIA 8/03/2016 0.08%US TREASURY N/B 6/30/2015 0.08%GLAXOSMITHKLINE PLC 0.08%ALTRIA GROUP INC 11/10/2038 0.08%BRITISH SKY BROADCASTING GR 0.08%JPMORGAN CHASE 2/01/2044 0.08%ORLANDO & ORANGE CNTY FL EX 7/01/2035 0.08%LYB INTL FIN 3/15/2044 0.07%ACTAVIS FUNDING 6/15/2044 0.07%MEG ENERGY CORP 3/31/2024 0.07%WPP PLC 0.07%HSBC HOLDINGS PLC 0.07%ARKEMA 0.07%GOLDMAN SACHS GP 11/29/2023 0.07%NORDSTROM INC 1/15/2044 0.07%PANAMA 1/29/2026 0.07%FANNIE MAE 3/01/2044 0.07%TAL ADVANTAGE LLC 11/20/2038 0.07%AMERICAN EXPRESS CREDIT ACC 12/15/2021 0.07%NORDDEUTSCHE L/B 10/16/2015 0.07%DIRECTV HLDGS/FN 3/15/2042 0.07%SANTANDER DRIVE AUTO RECEIV 8/17/2020 0.07%NIPPON TELEGRAPH & TELEPHON 0.07%BPCE 4/15/2024 0.07%TENN VALLEY AUTH 12/15/2042 0.07%AMERICREDIT AUTOMOBILE RECE 11/08/2019 0.07%TAL ADVANTAGE LLC 2/22/2039 0.07%JP MORGAN CHASE COMMERCIAL 12/15/2028 0.07%ADIDAS AG 0.07%CENTRICA PLC 0.07%FANNIE MAE 3/01/2034 0.07%BOC HONG KONG HOLDINGS LTD 0.06%GP PORTFOLIO TRUST 2/15/2027 0.06%FANNIE MAE 8/01/2043 0.06%BP PLC 0.06%ENERGY TRAN PTNR 10/01/2020 0.06%FREMF MORTGAGE TRUST 11/25/2044 0.06%FREMF 2012-K711 B (144A) 8/25/2045 0.06%ING US INC 7/15/2022 0.06%Security% of PortfolioGLENCORE FDG LLC 5/30/2023 0.06%MERCK KGAA 0.06%INVESTOR AB-B SHS 0.06%RIO TINTO FINANC 12/14/2018 0.06%DEUTSCHE ANN FIN 10/02/2017 0.06%INTL PAPER CO 6/15/2044 0.06%MICHELIN (CGDE) 0.06%SAMSUNG ELECTRONICS CO LTD 0.06%ELEC DE FRANCE 12/29/2049 0.06%FREM MORTGAGE TRUST 1/25/2021 0.06%GLOBAL SC FINANCE SRL 4/17/2028 0.06%TELSTRA CORP LTD 0.06%FANNIE MAE 3/25/2042 0.06%FREMF 2012-K22 3.6866% 8/25/2045 0.05%JP MORGAN CHASE 10/01/2017 0.05%COMMERCIAL MORTGAGE TRUST 6/15/2034 0.05%GEN ELECTRIC CO 3/11/2044 0.05%MACQUARIE GROUP LTD 0.05%GOLDMAN SACHS GP 7/08/2044 0.05%LAWSON INC 0.05%HSBC HOLDINGS 3/30/2022 0.05%PREMIER OIL PLC 0.05%ONDECK ASSET SECURITIZATION 5/17/2018 0.05%GOVERNMENT NATIONAL MORTGAG 3/20/2044 0.05%ODBRCHT OFFSHRE 10/01/2022 0.05%BANK HAPOALIM BM 0.05%SWISSCOM AG-REG 0.05%BEZEQ THE ISRAELI TELECOM C 0.05%OTSUKA HOLDINGS CO LTD 0.05%SANTANDER DRIVE AUTO RECEIV 11/15/2019 0.05%FREMF 2014-K37 B (144A) FRN 1/25/2024 0.05%UNILEVER PLC 0.05%AMERICREDIT AUTOMOBILE RECE 3/09/2020 0.05%BHP BILLITON LTD 0.05%JOHNSON & JOHNSON 0.05%MORGAN STANLEY 2/25/2023 0.05%TEVA PHARMACEUTICAL-SP ADR 0.05%FANNIE MAE 3/25/2041 0.05%WOODSIDE PETROLEUM LTD 0.05%ENI SPA 0.05%INTEL CORP 0.05%LEUCADIA NATL 10/18/2023 0.05%TAL ADVANTAGE LLC 5/20/2039 0.05%MILLICOM INTL CELLULAR-SDR 0.05%UBS AG LONDON 3/30/2017 0.05%ROGERS COMMUNICATIONS INC-B 0.05%GNR 205 IO 1/16/2053 0.05%GRUPO FINANCIERO BANORTE-O 0.05%FREDDIE MAC 3/15/2043 0.05%NOVARTIS AG-REG 0.05%GENERAL MILLS INC 0.05%WI TREASURY SEC. 5/15/2017 0.05%AP MOELLER-MAERSK A/S-B 0.05%HEALTH CARE REIT 4/01/2019 0.05%AST Portfolio Holdings498 of 635

AST Schroders Global Tactical Portfolio (continued)Security% of PortfolioFREDDIE MAC 11/15/2042 0.04%ANGLO AMERICAN PLC 0.04%MONSANTO CO 7/15/2064 0.04%MTN GROUP LTD 0.04%CHINA MOBILE LTD 0.04%FANNIEMAE-ACES 6/25/2024 0.04%NTT DOCOMO INC 0.04%CANADA DOLLAR 0.04%DT AUTO OWNER TRUST 1/15/2020 0.04%ROYAL BANK OF SCOTLAND GROU 0.04%EASTMAN CHEMICAL 10/15/2044 0.04%FREMF MORTGAGE TRUST 5/25/2045 0.04%PHILADELPHIA PA AUTH FOR IN 4/15/2026 0.04%NEW YORK ST THRUWAY AUTH 1/01/2041 0.04%FREMF MORTGAGE TRUST 3/25/2019 0.04%OMV AG 0.04%UNILEVER NV-CVA 0.04%SHAW COMMUNICATIONS INC-B 0.04%COCA-COLA AMATIL LTD 0.04%KDDI CORP 0.04%CRONOS CONTAINERS PROGRAM L 9/18/2027 0.04%WESTLAKE AUTOMOBILE RECEIVA 11/15/2019 0.04%ONEMAIN FINANCIAL ISSUANCE 9/18/2024 0.04%CANADIAN OIL SANDS LTD 0.04%TELENOR ASA 0.04%MCDONALD'S CORP 0.04%PEPSICO INC 0.04%LEGAL & GENERAL GROUP PLC 0.04%LIBERTY MUTUAL 8/01/2044 0.04%FHMS K038 X1 3/25/2024 0.04%FREDDIE MAC 1/01/2043 0.04%WELLS FARGO CAP 5.95% 12/15/2036 0.04%TELECOM ITALIA 5/30/2024 0.04%EKSPORTFINANS 11/17/2014 0.04%INPEX CORP 0.04%WILLIAMS COS INC 6/24/2024 0.04%WOOLWORTHS LTD 0.04%SINGAPORE TELECOMMUNICATION 0.04%HSBC HOLDINGS 3/14/2044 0.04%CNOOC LTD 0.04%TATE & LYLE PLC 0.04%WILLIAMS PARTNER 3/04/2044 0.04%BCE INC 0.04%BELGACOM SA 0.04%CREDIT SUIS GUER 3/06/2015 0.04%AMERICREDIT AUTOMOBILE RECE 6/08/2020 0.04%RED ELECTRICA CORPORACION S 0.04%PROCTER & GAMBLE CO/THE 0.04%VODACOM GROUP LTD 0.04%DELPHI CORP 3/15/2024 0.04%ROWAN COS INC 12/01/2042 0.04%WAL-MART STORES INC 0.04%CHEVRON CORP 0.04%NEW BRUNSWICK 6/15/2018 0.04%Security% of PortfolioARL FIRST LLC 6/15/2044 0.04%FLAGSHIP CREDIT AUTO TRUST 4/16/2018 0.04%FORD MOTOR CRED 5/09/2016 0.04%MEXICO GENERADOR 12/06/2032 0.04%DUKE ENERGY CORP 0.04%ROGERS COMM INC 3/15/2044 0.04%GLOBAL SC FINANCE SRL 7/17/2029 0.04%FREMF 2013-KF02 4.36% 10/25/2020 0.04%TECK RESOURCES LTD-CLS B 0.04%FANNIE MAE 11/25/2042 0.04%RIO TINTO FINANC 3/22/2022 0.04%CITIGROUP COMMERCIAL MORT 6/15/2033 0.04%FORD MOTOR CRED 5/15/2018 0.04%ORION OYJ-CLASS B 0.04%WINDSTREAM HOLDINGS INC 0.04%WELLPOINT INC 1/15/2043 0.04%SOUTHERN CO/THE 0.04%POWER ASSETS HOLDINGS LTD 0.04%BANC OF AMERICA MERRILL LYN 6/15/2028 0.04%SAGE GROUP PLC/THE 0.04%INTL BUSINESS MACHINES CORP 0.04%DUPONT FABROS TE 9/15/2021 0.04%VERIZON COMMUNICATIONS INC 0.04%GOVERNMENT NATIONAL MORTGAG 2/20/2044 0.04%THORNBURG MORTGAGE SECURITI 4/25/2045 0.04%VALE SA-SP PREF ADR 0.04%COMM MORTGAGE TRUST 2/13/2032 0.03%HANNOVER RUECK SE 0.03%CITIGROUP COMMERCIAL MORT 6/15/2033 0.03%MITSUI & CO LTD 0.03%ROYAL DUTCH SHELL PLC-B SHS 0.03%PTT EXPLOR & PROD PCL-NVDR 0.03%BARCLAYS BK PLC 5/22/2019 0.03%GEN MOTORS FIN 7/10/2019 0.03%DAIWA SECURITIES GROUP INC 0.03%CONOCOPHILLIPS 0.03%SAMPO OYJ-A SHS 0.03%ORACLE CORP 10/15/2022 0.03%PFIZER INC 0.03%TELIASONERA AB 0.03%DANSKE BANK A/S 4/14/2016 0.03%PRAXAIR INC 0.03%EXXON MOBIL CORP 0.03%AT&T INC 0.03%TEXAS INSTRUMENTS INC 0.03%ISUZU MOTORS LTD 0.03%KONINKLIJKE AHOLD NV 0.03%AMLIN PLC 0.03%CABLEVISION SYSTEMS-NY GRP- 0.03%BASF SE 0.03%EXETER AUTOMOBILE RECEIVABL 5/15/2018 0.03%ROWAN COS INC 1/15/2044 0.03%WEST JAPAN RAILWAY CO 0.03%FRONTIER COMMUNICATIONS COR 0.03%AST Portfolio Holdings499 of 635

AST Schroders Global Tactical Portfolio (continued)Security% of PortfolioGOVERNMENT NATIONAL MORTGAG 12/16/2053 0.03%SUNCOR ENERGY INC 0.03%S FRWD EUR 9/25/2014 0.03%CITIGROUP INC 9/13/2043 0.03%ASAHI KASEI CORP 0.03%BRITISH AMERICAN TOBACCO PL 0.03%FUJI HEAVY INDUSTRIES LTD 0.03%BANK OF AMER CRP 7/01/2020 0.03%TOTAL SA 0.03%JPMORGAN CHASE 9/23/2022 0.03%FERMACA ENTERPR 3/30/2038 0.03%CHICAGO IL O'HARE INTERNATI 1/01/2044 0.03%HESS CORP 0.03%NATIONAL BANK OF CANADA 0.03%FANNIE MAE 10/25/2041 0.03%UNITED OVERSEAS BANK LTD 0.03%YARA INTERNATIONAL ASA 0.03%XEROX CORP 0.03%BANK OF MONTREAL 0.03%WASTE MANAGEMENT INC 0.03%KIA MOTORS CORPORATION 0.03%KB FINANCIAL GROUP INC 0.03%REPUBLIC SERVICES INC 0.03%GDF SUEZ 0.03%CATLIN GROUP LTD 0.03%BUNGE LTD 0.03%FISERV INC 0.03%CATERPILLAR INC 0.03%BOSTON SCIENTIFC 10/01/2018 0.03%ANA HOLDINGS INC 0.03%NATIONAL AUSTRALIA BANK LTD 0.03%FANNIEMAE-ACES 5/25/2018 0.03%CAN IMPERIAL BK OF COMMERCE 0.03%EXTENDED STAY AMERICA TRUST 12/05/2031 0.03%FANNIE MAE 6/01/2042 0.03%HILTON USA TRUST 11/05/2030 0.03%AMER AXLE & MFG 11/15/2019 0.03%CREDIT SUISSE 12/18/2049 0.03%BANK LEUMI LE-ISRAEL 0.03%FREDDIE MAC 10/15/2042 0.03%ABBEY NATL TREAS 8/23/2018 0.03%BANK OF EAST ASIA 0.03%MAGNA INTERNATIONAL INC 0.03%BALL CORP 0.03%RWE AG 0.03%EXTENDED STAY AMERICA TRUST 12/05/2031 0.03%WORLEYPARSONS LTD 0.03%KOHLS CORP 0.03%MACYS RETAIL HLD 2/15/2023 0.03%ARCHER-DANIELS-MIDLAND CO 0.03%FORD MOTOR CRED 2/03/2017 0.03%BANK OF NOVA SCOTIA 0.03%FIDELITY NATIONAL INFORMATI 0.03%OVERSEA-CHINESE BANKING COR 0.03%Security% of PortfolioINTERNATIONAL PAPER CO 0.03%PRESTIGE AUTO RECEIVABLES T 4/15/2020 0.03%ROYAL DUTCH SHELL PLC-A SHS 0.03%US TREASURY N/B 12/31/2015 0.03%SMITHS GROUP PLC 0.03%TRAVELERS COS INC/THE 0.03%SSE PLC 0.03%US BANCORP 0.03%EULER HERMES GROUP 0.03%HENRY SCHEIN INC 0.03%UNIVISION COMM 11/01/2020 0.03%AMERICAN CAPITAL AGENCY COR 0.03%NORDDEUTSCHE L/B 2/05/2019 0.03%WELLS FARGO & CO 0.03%S CROS AUD 9/25/2014 0.03%FANNIE MAE 4/01/2044 0.03%VALE SA-PREF 0.03%ANHEUSER-BUSCH 11/15/2014 0.03%SALMAR ASA 0.03%COMFORTDELGRO CORP LTD 0.03%BECTON DICKINSON AND CO 0.03%FREMF 2014-K38 B (144A) 6/25/2041 0.03%OMNICOM GROUP 0.03%ALTRIA GROUP INC 1/31/2024 0.03%TORCHMARK CORP 0.03%EDP-ENERGIAS DE PORTUGAL SA 0.03%EDZ4S 90DAY EURO$ FUTR 12/20/2014 0.03%EDH5S 90DAY EURO$ FUTR 3/21/2015 0.03%TRANSOCEAN LTD 0.03%CONAGRA FOODS INC 0.03%EDM5S 90DAY EURO$ FUTR 6/20/2015 0.03%EDU5S 90DAY EURO$ FUTR 9/19/2015 0.03%MERCK & CO. INC. 0.03%CNP ASSURANCES 0.03%EDZ5S 90DAY EURO$ FUTR 12/19/2015 0.03%CLOROX COMPANY 0.03%METRO INC 0.03%IMPERIAL TOBACCO GROUP PLC 0.03%EDH6S 90DAY EURO$ FUTR 3/19/2016 0.03%E.ON SE 0.03%UNITED PARCEL SERVICE-CL B 0.03%HUTCHISON WHAMPOA LTD 0.03%KGHM POLSKA MIEDZ SA 0.03%EVEREST RE GROUP LTD 0.03%EDM6S 90DAY EURO$ FUTR 6/18/2016 0.03%ISRAEL CHEMICALS LTD 0.03%EDU6S 90DAY EURO$ FUTR 9/24/2016 0.03%ALLIANZ SE-REG 0.03%FAMILYMART CO LTD 0.03%CROWN HOLDINGS INC 0.03%HOYA CORP 0.03%GNR 20 IA FRN 1.3848% 16 2/16/2054 0.03%NIPPON YUSEN 0.03%CMS ENERGY 3/01/2044 0.03%AST Portfolio Holdings500 of 635

AST Schroders Global Tactical Portfolio (continued)Security% of PortfolioAIRCASTLE LTD 4/15/2017 0.03%CHURCH & DWIGHT CO INC 0.03%PENNSYLVANIA ST TURNPIKE CO 12/01/2043 0.03%BBVA BANCO CONT 4/08/2018 0.03%MURPHY OIL CORP 0.03%FREDDIE MAC 4/01/2044 0.03%ASSURANT INC 0.03%RENAISSANCERE HOLDINGS LTD 0.03%CHESAP OIL OP/FN 11/15/2019 0.03%FANNIE MAE 5/01/2043 0.03%VALE SA 0.03%WESTLAKE AUTOMOBILE RECEIVA 11/15/2019 0.03%FNA 2012-M14 X2 9/25/2022 0.03%CLI FUNDING LLC 6/18/2028 0.03%CENTRAL JAPAN RAILWAY CO 0.03%UK POUND STERLING 0.03%XL GROUP LTD 10/01/2021 0.03%CEMENTOS PACASMA 2/08/2023 0.03%AMERICAN EXPRESS ISSUANCE T 8/15/2019 0.03%ORICA LTD 0.03%UNIV OF CALIFORNIA CA REVEN 5/15/2038 0.03%S FRWD CND 9/25/2014 0.03%INMARSAT FINANCE 5/15/2022 0.03%FLAGSHIP CREDIT AUTO TRUST 1/15/2019 0.03%KELLOGG CO 0.03%FORTUM OYJ 0.03%FANNIEMAE-ACES 6/25/2024 0.03%NOBLE ENERGY INC 12/15/2021 0.03%L-3 COMMUNICATIONS HOLDINGS 0.03%MORGAN STANLEY 7/24/2042 0.03%BHP FINANCE USA 9/30/2043 0.03%GENWORTH MI CANADA INC 0.03%PTT PCL-NVDR 0.03%HISCOX LTD 0.02%GAS NATURAL SDG SA 0.02%AGRIUM INC 0.02%SONY FINANCIAL HOLDINGS INC 0.02%CRONOS CONTAINERS PROGRAM L 4/18/2028 0.02%KROGER CO/THE 4/15/2042 0.02%RECORDATI SPA 0.02%MANITOBA (PROV) 12/01/2018 0.02%UNITED BUSINESS 11/03/2020 0.02%FANNIE MAE 7/01/2043 0.02%COBHAM PLC 0.02%TALANX AG 0.02%TGS NOPEC GEOPHYSICAL CO AS 0.02%GUANGDONG INVESTMENT LTD 0.02%MUNI ELEC AUTH OF GEORGIA 4/01/2057 0.02%SIGNET UK FINANC 6/15/2024 0.02%TESCO PLC 0.02%EREGLI DEMIR VE CELIK FABRI 0.02%SUN HUNG KAI PROPERTIES 0.02%ERICSSON LM-B SHS 0.02%FANNIE MAE 10/25/2042 0.02%Security% of PortfolioOESTERREICHISCHE POST AG 0.02%STADA ARZNEIMITTEL AG 0.02%MIGDAL INSURANCE & FINANCIA 0.02%COCA-COLA CO/THE 9/01/2016 0.02%FRIENDS LIFE GROUP LTD 0.02%VERBUND AG 0.02%WOLTERS KLUWER 0.02%GOVERNMENT NATIONAL MORTGAG 12/16/2051 0.02%MINERAL RESOURCES LTD 0.02%SANTANDER DRIVE AUTO RECEIV 4/15/2019 0.02%HYUNDAI MOBIS CO LTD 0.02%INTL CONSOLIDATED AIRLINE-D 0.02%AXFOOD AB 0.02%HANG SENG BANK LTD 0.02%MIDAMERICAN ENER 4/01/2018 0.02%M6-METROPOLE TELEVISION 0.02%SCG TRUST 11/15/2026 0.02%S FRWD NZD 9/25/2014 0.02%LOCKHEED MARTIN CORP 0.02%MARFRIG HLDG EUR 6/24/2019 0.02%ARCELORMITTAL 2/25/2015 0.02%NISOURCE FIN CP 2/15/2044 0.02%MOROCCO KINGDOM 12/11/2042 0.02%AGEAS 0.02%POWSZECHNY ZAKLAD UBEZPIECZ 0.02%GEORGE WASHINGTO 9/15/2022 0.02%VINCI SA 0.02%DAIHATSU MOTOR CO LTD 0.02%CSMC 2014-ICE B (144A) FRN 4/15/2027 0.02%BANK OF AMER CRP 1/21/2044 0.02%SHIONOGI & CO LTD 0.02%NAGOYA RAILROAD CO LTD 0.02%MET TRANSPRTN AUTH NY REVEN 11/15/2043 0.02%OTP BANK PLC 0.02%TRACTEBEL ENERGIA SA 0.02%PHISON ELECTRONICS CORP 0.02%MMC NORILSK NICKEL JSC-ADR 0.02%SEMBCORP INDUSTRIES LTD 0.02%LSTAR COMMERCIAL MORTGAGE T 1/20/2041 0.02%KAZMUNAIGAS EXPLORATION -GD 0.02%CATAMARAN CORP 0.02%COGECO CABLE 5/01/2020 0.02%RIO TINTO LTD 0.02%DEUTSCHE LUFTHANSA-REG 0.02%MARUBENI CORP 0.02%AMERICAN MUNI PWR-OHIO INC 2/15/2042 0.02%KIMBERLY-CLARK CORP 0.02%GAZPROM OAO-SPON ADR 0.02%VALEO SA 0.02%CLP HOLDINGS LTD 0.02%ALLY FINANCIAL 7/18/2016 0.02%GREAT-WEST LIFECO INC 0.02%CIMPOR FIN OPS 7/17/2024 0.02%MEDIATEK INC 0.02%AST Portfolio Holdings501 of 635

AST Schroders Global Tactical Portfolio (continued)Security% of PortfolioENAGAS SA 0.02%WR BERKLEY CORP 0.02%PETROLEUM GEO-SERVICES 0.02%PGE SA 0.02%REPUBLIC OF ECUA 6/20/2024 0.02%ATKINS (WS) PLC 0.02%SASOL LTD 0.02%SEADRILL LTD 0.02%SWISS RE AG 0.02%SWEDBANK HYPOTEK 4/05/2017 0.02%NITTO DENKO CORP 0.02%CLI FUNDING LLC 3/18/2028 0.02%TELEKOMUNIKASI INDONESIA PE 0.02%INDUSTRIVARDEN AB-C SHS 0.02%CNOOC FIN 2013 L 5/09/2023 0.02%GOVERNMENT NATIONAL MORTGAG 9/20/2038 0.02%MITIE GROUP PLC 0.02%PLAYTECH PLC 0.02%POWER FINANCIAL CORP 0.02%WHARF HOLDINGS LTD 0.02%NOVATEK MICROELECTRONICS CO 0.02%INTRUM JUSTITIA AB 0.02%MIRACA HOLDINGS INC 0.02%BEAZLEY PLC 0.02%ENA NORTE TRUST 4/25/2023 0.02%GOVERNMENT NATIONAL MORTGAG 8/16/2052 0.02%CHINA SHENHUA ENERGY CO-H 0.02%JARDINE CYCLE & CARRIAGE LT 0.02%ECOPETROL SA 5/28/2045 0.02%YANGZIJIANG SHIPBUILDING 0.02%MUENCHENER RUECKVER AG-REG 0.02%FREMF 2014-K714C (144A) 6/25/2041 0.02%PORTUCEL SA 0.02%BOSTON PROP LP 9/01/2023 0.02%SWEDISH MATCH AB 0.02%FANNIE MAE 5/25/2037 0.02%KYORIN HOLDINGS INC 0.02%MITSUBISHI UFJ FINANCIAL GR 0.02%POTASH CORP OF SASKATCHEWAN 0.02%RECKITT BENCKISER GROUP PLC 0.02%K+S AG-REG 0.02%REYNOLDS AMERICA 9/15/2043 0.02%WPP FINANCE 9/15/2014 0.02%KROGER CO/THE 8/01/2043 0.02%SUEDZUCKER AG 0.02%TS TECH CO LTD 0.02%CHINA PETROLEUM & CHEMICAL- 0.02%OAS FINANCIAL 7/02/2021 0.02%AUTOZONE INC 1/15/2023 0.02%EXPRESS SCRIPTS 11/15/2041 0.02%VANGUARD INTERNATIONAL SEMI 0.02%ANGLO AMERICAN PLC 0.02%DELTA ELECTRONICS THAI-NVDR 0.02%AUTOZONE INC 0.02%Security% of PortfolioLINK REIT 0.02%KUMBA IRON ORE LTD 0.02%GOVERNMENT NATIONAL MORTGAG 1/15/2054 0.02%ASHMORE GROUP PLC 0.02%FLAGSHIP CREDIT AUTO TRUST 2/18/2020 0.02%DIGITAL REALT LP 3/15/2021 0.02%MICRO FOCUS INTERNATIONAL 0.02%GO-AHEAD GROUP PLC 0.02%VONTOBEL HOLDING AG-REG 0.02%NEXTERA ENERGY INC 0.01%WHEELOCK & CO LTD 0.01%FUJIFILM HOLDINGS CORP 0.01%CSMC 2014-ICE B (144A) FRN 4/15/2027 0.01%FREMF MORTGAGE TRUST 1/25/2045 0.01%RTL GROUP 0.01%DAH SING BANKING GROUP LTD 0.01%LIFE HEALTHCARE GROUP HOLDI 0.01%AMEC PLC 0.01%EUTELSAT COMMUNICATIONS 0.01%HUABAO INTERNATIONAL HOLDIN 0.01%BALOISE HOLDING AG - REG 0.01%NHK SPRING CO LTD 0.01%BANK OF COMMUNICATIONS CO-H 0.01%METCASH LTD 0.01%PROGRESSIVE CORP 0.01%ALEXANDRIA REAL 6/15/2023 0.01%PRIMARY HEALTH CARE LTD 0.01%GOVERNMENT NATIONAL MORTGAG 3/16/2047 0.01%SIMPLO TECHNOLOGY CO LTD 0.01%VTR FIN BV 1/15/2024 0.01%MOBILE TELESYSTEMS-SP ADR 0.01%PERUSAHAAN GAS NEGARA PERSE 0.01%NITORI HOLDINGS CO LTD 0.01%REYNOLDS AMERICA 6/15/2037 0.01%GOVERNMENT NATIONAL MORTGAG 8/16/2054 0.01%CATERPILLAR FINL 5/29/2015 0.01%RAYTHEON COMPANY 0.01%CHESAPEAKE ENRGY 4/15/2019 0.01%SWATCH GROUP AG/THE-REG 0.01%WOOLWORTHS HOLDINGS LTD 0.01%FANNIE MAE 5/25/2033 0.01%CEZ AS 0.01%IMPAC SECURED ASSETS CORP. 5/25/2036 0.01%UNITED TRACTORS TBK PT 0.01%RABOBANK 2/08/2022 0.01%TIKKURILA OYJ 0.01%ABERDEEN ASSET MGMT PLC 0.01%KOZA ALTIN ISLETMELERI AS 0.01%REALTEK SEMICONDUCTOR CORP 0.01%FREDDIE MAC 6/15/2039 0.01%DAH SING FINANCIAL HOLDINGS 0.01%SOCIETE GENERALE SA 0.01%LUKOIL OAO-SPON ADR 0.01%QINETIQ GROUP PLC 0.01%AST Portfolio Holdings502 of 635

AST Schroders Global Tactical Portfolio (continued)Security% of PortfolioS CROS NZD 9/25/2014 0.01%MONEYSUPERMARKET.COM 0.01%NEXON CO LTD 0.01%CAIRN ENERGY PLC 0.01%S CROS NZD 9/25/2014 0.01%ASTM SPA 0.01%LIBERTY HOLDINGS LTD 0.01%UPM-KYMMENE OYJ 0.01%PANAMA 4/29/2053 0.01%ITOCHU CORP 0.01%BERKELEY GROUP HOLDINGS 0.01%ISRAEL DISCOUNT BANK-A 0.01%WELCIA HOLDINGS CO LTD 0.01%TELEFONICA BRASIL-ADR 0.01%GOVERNMENT NATIONAL MORTGAG 2/20/2034 0.01%KONGSBERG GRUPPEN ASA 0.01%ORIFLAME COSMETICS SA-SDR 0.01%CENTERRA GOLD INC 0.01%GUNMA BANK LTD/THE 0.01%FREMF 2014-K38C (144A) 6/25/2041 0.01%STANDARD CHARTERED PLC 0.01%SWIRE PACIFIC LTD-A 0.01%HANKYU HANSHIN HOLDINGS INC 0.01%IMPAC SECURED ASSETS CORP. 8/25/2036 0.01%NOBLE ENERGY INC 3/01/2041 0.01%PETROLEO BRASILEIRO S.A.-AD 0.01%PSP SWISS PROPERTY AG-REG 0.01%AMERICAN CREDIT ACCEPTANCE 4/16/2018 0.01%BB BIOTECH AG-REG 0.01%WH SMITH PLC 0.01%TATNEFT-SPONSORED REGS GDR 0.01%BANDAI NAMCO HOLDINGS INC 0.01%ROSNEFT OJSC-REG S GDR 0.01%HELVETIA HOLDING AG-REG 0.01%IYO BANK LTD/THE 0.01%KAMIGUMI CO LTD 0.01%UNITED TECHNOLOGIES CORP 0.01%RADIANT OPTO-ELECTRONICS CO 0.01%BANK OF CHINA LTD-H 0.01%ELISA OYJ 0.01%JAPAN PETROLEUM EXPLORATION 0.01%SINO LAND CO 0.01%FREDDIE MAC 1/15/2033 0.01%SINGAPORE AIRLINES LTD 0.01%TUPY OVERSEAS SA 7/17/2024 0.01%TRANSCEND INFORMATION INC 0.01%HEINEKEN HOLDING NV 0.01%CORUS ENTERTAINMENT INC-B S 0.01%SWIRE PROPERTIES LTD 0.01%HALFORDS GROUP PLC 0.01%JM AB 0.01%SCENTRE GROUP 0.01%SURGUTNEFTEGAZ-SP ADR 0.01%FAR EASTONE TELECOMM CO LTD 0.01%Security% of PortfolioSKY NETWORK TELEVISION LTD 0.01%FREDDIE MAC 5/15/2032 0.01%TRANSCONTINENTAL INC-CL A 0.01%HYSAN DEVELOPMENT CO 0.01%S FRWD EUR 9/25/2014 0.01%CEMIG SA -SPONS ADR 0.01%BEACH ENERGY LTD 0.01%SEB SA 0.01%OHIO ST TURNPIKE COMMISSION 2/15/2039 0.01%DOWNER EDI LTD 0.01%TOKAI RIKA CO LTD 0.01%COLGATE-PALMOLIVE CO 0.01%GEN MOTORS FIN 8/15/2017 0.01%PROSIEBEN SAT.1 MEDIA AG-RE 0.01%VTECH HOLDINGS LTD 0.01%CHINA CONSTRUCTION BANK-H 0.01%S FRWD CND 9/25/2014 0.01%NEOPOST SA 0.01%TAURON POLSKA ENERGIA SA 0.01%ING GROEP NV-CVA 0.01%AMERICREDIT AUTOMOBILE RECE 1/08/2019 0.01%MMI HOLDINGS LTD 0.01%SKILLED GROUP LTD 0.01%BROTHER INDUSTRIES LTD 0.01%S FRWD GBP 9/25/2014 0.01%SJM HOLDINGS LTD 0.01%GJENSIDIGE FORSIKRING ASA 0.01%AEGON NV 0.01%FRED OLSEN ENERGY ASA 0.01%TURKCELL ILETISIM HIZMET AS 0.01%TREND MICRO INC 0.01%JIANGSU EXPRESS CO LTD-H 0.01%CIA PARANAENSE ENER-SP ADR 0.01%HACHIJUNI BANK LTD/THE 0.01%NIPPON ELECTRIC GLASS CO LT 0.01%NOKIAN RENKAAT OYJ 0.01%FUJITSU GENERAL LTD 0.01%CHEUNG KONG HOLDINGS LTD 0.01%UOL GROUP LTD 0.01%ZHEJIANG EXPRESSWAY CO-H 0.01%KINDEN CORP 0.01%TELEVISION BROADCASTS LTD 0.01%FREMF MORTGAGE TRUST 4/25/2044 0.01%WALGREEN CO 0.01%CFC LLC 11/15/2017 0.01%DAIICHIKOSHO CO LTD 0.01%S FRWD JPY 9/25/2014 0.01%ABC-MART INC 0.01%NISSAN CHEMICAL INDUSTRIES 0.01%SUMITOMO METAL MINING CO LT 0.01%EASTMAN CHEMICAL 9/01/2042 0.01%OZ MINERALS LTD 0.01%KERRY PROPERTIES LTD 0.01%HENDERSON LAND DEVELOPMENT 0.01%AST Portfolio Holdings503 of 635

AST Schroders Global Tactical Portfolio (continued)Security% of PortfolioHOPEWELL HOLDINGS LTD 0.01%GEELY AUTOMOBILE HOLDINGS L 0.01%WI TREASURY SEC. 4/30/2021 0.01%BANK OF YOKOHAMA LTD/THE 0.01%KAGOSHIMA BANK LTD/THE 0.01%ABBOTT LABORATORIES 0.01%HANA MICROELECTRONICS-NVDR 0.01%DURO FELGUERA SA 0.01%NESTE OIL OYJ 0.01%REYNOLDS AMERICA 4.75% 11/01/2042 0.01%SOUZA CRUZ SA 0.01%INTERSERVE PLC 0.01%IAMGOLD CORP 0.01%TIETO OYJ 0.01%COMMERZBANK AG 0.01%AES TIETE SA-PREF 0.01%SIGURD MICROELECTRONICS COR 0.01%COCA-COLA CO/THE 0.01%SEINO HOLDINGS CO LTD 0.01%GREGGS PLC 0.01%AMERICA MOVIL-ADR SERIES L 0.01%CHICONY ELECTRONICS CO LTD 0.01%GROUPE BRUXELLES LAMBERT SA 0.01%WELLS FARGO MORTGAGE BACKED 11/25/2036 0.01%AISIN SEIKI CO LTD 0.01%TURK TELEKOMUNIKASYON AS 0.01%ADELAIDE BRIGHTON LTD 0.01%US TREASURY N/B 2/15/2016 0.01%FUGRO NV-CVA 0.01%TEIKOKU SEN-I CO LTD 0.01%SAN-A CO LTD 0.01%EXETER AUTOMOBILE RECEIVABL 8/15/2018 0.01%COLRUYT SA 0.01%US TREASURY N/B 2/15/2044 0.01%BEC WORLD PUBLIC CO LTD-NVD 0.01%POLSKIE GORNICTWO NAFTOWE I 0.01%DYNAM JAPAN HOLDINGS CO LTD 0.01%MOL HUNGARIAN OIL AND GAS P 0.01%TARGET CORP 0.01%ASSECO POLAND SA 0.01%NAGACORP LTD 0.01%SINGAPORE EXCHANGE LTD 0.01%AFREN PLC 0.01%MONADELPHOUS GROUP LTD 0.01%DANONE 0.01%NIHON PARKERIZING CO LTD 0.01%BML INC 0.01%MOCHIDA PHARMACEUTICAL CO 0.01%FCC CO LTD 0.01%JX HOLDINGS INC 0.01%IDEMITSU KOSAN CO LTD 0.01%MEDTRONIC INC 0.01%GOVERNMENT NATIONAL MORTGAG 12/15/2038 0.01%FREDDIE MAC 11/15/2040 0.01%Security% of PortfolioGOVERNMENT NATIONAL MORTGAG 1/15/2037 0.01%AUTOBACS SEVEN CO LTD 0.01%MONDELEZ INTERNATIONAL INC- 0.01%STORA ENSO OYJ-R SHS 0.01%CHIBA BANK LTD/THE 0.01%TOAGOSEI CO LTD 0.01%AGFA-GEVAERT NV 0.01%JIANGXI COPPER CO LTD-H 0.01%AIR PRODUCTS & CHEMICALS IN 0.01%CHIPBOND TECHNOLOGY CORP 0.01%REUNERT LTD 0.01%S FRWD NOK 9/25/2014 0.01%SMARTONE TELECOMMUNICATIONS 0.01%UNIPRES CORP 0.01%TAKEDA PHARMACEUTICAL CO LT 0.01%LIFESTYLE INTL HLDGS LTD 0.01%GREATEK ELECTRONICS INC 0.01%LOWE'S COS INC 0.01%AMERICAN MUNI PWR-OHIO INC 2/15/2050 0.01%L'OREAL 0.01%BAXTER INTERNATIONAL INC 0.01%AUTOMATIC DATA PROCESSING 0.01%EXEDY CORP 0.01%RICHTEK TECHNOLOGY CORP 0.01%AEON DELIGHT CO LTD 0.01%GOVERNMENT NATIONAL MORTGAG 7/20/2041 0.01%MEGAFON-GDR 0.01%KURODA ELECTRIC CO LTD 0.01%TONG HSING ELECTRONIC INDUS 0.01%IINET LTD 0.01%CREDIT AGRICOLE SA 0.01%TOYO SEIKAN GROUP HOLDINGS 0.01%YELLOW MEDIA LTD 0.01%GLOBALTRANS-GDR 0.01%NIKE INC -CL B 0.01%VISA INC-CLASS A SHARES 0.01%LANCASHIRE HOLDINGS LTD 0.01%HIGO BANK LTD/THE 0.01%SOCO INTERNATIONAL PLC 0.01%DOMINION RESOURCES INC/VA 0.01%YUM! BRANDS INC 0.01%CHINA BLUECHEMICAL LTD - H 0.01%3M CO 0.01%DEUTSCHE BANK AG-REGISTERED 0.01%KANEMATSU CORP 0.01%MEDIOBANCA SPA 0.01%S CROS EUR 9/25/2014 0.01%SABMILLER PLC 0.01%GUBRE FABRIKALARI TAS 0.01%CTC MEDIA INC 0.01%GOVERNMENT NATIONAL MORTGAG 3/20/2042 0.01%TOKYO OHKA KOGYO CO LTD 0.01%US TREASURY N/B 9/30/2018 0.01%DR CI:LABO CO LTD 0.01%AST Portfolio Holdings504 of 635

AST Schroders Global Tactical Portfolio (continued)Security% of PortfolioGIORDANO INTERNATIONAL LTD 0.01%IMPLENIA AG-REG 0.01%ELI LILLY & CO 0.01%NOF CORP 0.01%PHILIPPINE LONG DIST -SP AD 0.01%DAELIM INDUSTRIAL CO LTD 0.01%SOFTWARE AG 0.01%GREE INC 0.01%TULLETT PREBON PLC 0.01%AIN PHARMACIEZ INC 0.01%INDO TAMBANGRAYA MEGAH TBK 0.01%TRUWORTHS INTERNATIONAL LTD 0.01%QUALCOMM INC 0.01%77 BANK LTD/THE 0.01%KANEKA CORP 0.01%KOZA ANADOLU METAL MADENCIL 0.01%BRISTOL-MYERS SQUIBB CO 0.01%SYNTHOS SA 0.01%AMERICAN ELECTRIC POWER 0.01%THALES SA 0.01%AOYAMA TRADING CO LTD 0.01%JAPAN DIGITAL LABORATORY CO 0.01%JB HI-FI LTD 0.01%AMERICAN CREDIT ACCEPTANCE 11/15/2016 0.01%SHOWA CORP 0.01%SUMITOMO FORESTRY CO LTD 0.01%SUN INTERNATIONAL LTD 0.01%COMCAST CORP-CLASS A 0.01%NOLATO AB-B SHS 0.01%ENEA SA 0.01%KOEI TECMO HOLDINGS CO LTD 0.01%PPG INDUSTRIES INC 0.01%ITURAN LOCATION AND CONTROL 0.01%HOLTEK SEMICONDUCTOR INC 0.01%TURKIYE IS BANKASI-C 0.01%FENNER PLC 0.01%CHONGKUNDANG HOLDINGS CORP 0.01%HAZAMA ANDO CORP 0.01%FANNIE MAE 12/25/2032 0.01%PACE PLC 0.01%DENA CO LTD 0.01%DART GROUP PLC 0.01%SUNEVISION HOLDINGS 0.01%TOPRE CORP 0.01%KOMERCNI BANKA AS 0.01%VALERO ENERGY 2/01/2015 0.01%DUNDEE CORP -CL A 0.01%KEIYO BANK LTD/THE 0.01%WAKITA & CO LTD 0.01%ARCELORMITTAL 0.01%SAN-IN GODO BANK LTD/THE 0.01%ILLINOIS TOOL WORKS 0.01%TOYODA GOSEI CO LTD 0.01%GIGABYTE TECHNOLOGY CO LTD 0.01%Security% of PortfolioMEDICAL FACILITIES CORP 0.01%GRAPE KING BIO LTD 0.01%NAMURA SHIPBUILDING CO LTD 0.01%LUK FOOK HOLDINGS INTL LTD < 0.01%PETROLEO BRASIL-SP PREF AD < 0.01%SHIMACHU CO LTD < 0.01%DUSKIN CO LTD < 0.01%CIA SANEAMENTO BASICO DE-AD < 0.01%MONSANTO CO < 0.01%NORFOLK SOUTHERN CORP < 0.01%KOREA ZINC CO LTD < 0.01%TRANCOM CO LTD < 0.01%MAEDA ROAD CONSTRUCTION CO < 0.01%WILSON BAYLY HOLMES-OVCON < 0.01%KONISHI CO LTD < 0.01%TRUSCO NAKAYAMA CORP < 0.01%NEW WORLD DEVELOPMENT < 0.01%SEKISUI JUSHI CORP < 0.01%DANIELI & CO < 0.01%FARADAY TECHNOLOGY CORP < 0.01%AUTONEUM HOLDING AG < 0.01%CIA DE MINAS BUENAVENTUR-AD < 0.01%MAPLETREE LOGISTICS TRUST < 0.01%TAKARA STANDARD CO LTD < 0.01%LINTEC CORP < 0.01%WOTIF.COM HOLDINGS LTD < 0.01%CARDNO LTD < 0.01%KANDENKO CO LTD < 0.01%CHUGOKU BANK LTD/THE < 0.01%TRANSMISSORA ALIANCA DE-UNI < 0.01%UGL LTD < 0.01%SONIX TECHNOLOGY CO LTD < 0.01%DEERE & CO < 0.01%EXELON CORP < 0.01%MITSUBISHI CORP < 0.01%AUSTRALIAN DOLLAR < 0.01%EMERSON ELECTRIC CO < 0.01%NCC AB-B SHS < 0.01%CHUDENKO CORP < 0.01%INDUSTRIAS BACHOCO SAB SP A < 0.01%FIELDS CORP < 0.01%KCELL JSC - REG S < 0.01%WILLIAMS COS INC < 0.01%PHILIP MORRIS INTERNATIONAL < 0.01%TELKOM SA SOC LTD < 0.01%TRANSCOSMOS INC < 0.01%NISSIN KOGYO CO LTD < 0.01%CSX CORP < 0.01%GOVERNMENT NATIONAL MORTGAG 12/16/2049 < 0.01%SHENGUAN HOLDINGS GROUP LTD < 0.01%MAYR-MELNHOF KARTON AG < 0.01%RICOH LEASING CO LTD < 0.01%BARCO N.V. < 0.01%WHEELS SPV LLC 3/20/2021 < 0.01%AST Portfolio Holdings505 of 635

AST Schroders Global Tactical Portfolio (continued)Security% of PortfolioBRADKEN LTD < 0.01%PACIFIC TEXTILES HOLDINGS < 0.01%MMG LTD < 0.01%NITTO KOGYO CORP < 0.01%DONGFANG ELECTRIC CORP LTD- < 0.01%RUENTEX INDUSTRIES LTD < 0.01%ENEL SPA < 0.01%JUROKU BANK LTD/THE < 0.01%NETEASE INC-ADR < 0.01%DAISHI BANK LTD/THE < 0.01%STAGECOACH GROUP PLC < 0.01%ECORODOVIAS INFRA E LOG SA < 0.01%TAIWAN DOLLAR < 0.01%KYUNGDONG PHARM CO LTD < 0.01%SUMITOMO BAKELITE CO LTD < 0.01%ZENG HSING INDUSTRIAL CO LT < 0.01%KEIHIN CORP < 0.01%SHINKO ELECTRIC INDUSTRIES < 0.01%ITAUSA-INVESTIMENTOS ITAU-P < 0.01%FOSTER ELECTRIC CO LTD < 0.01%DAIWA INDUSTRIES LTD < 0.01%GERDAU SA -SPON ADR < 0.01%ITE GROUP PLC < 0.01%NAC CO LTD < 0.01%HEWLETT-PACKARD CO < 0.01%ARM HOLDINGS PLC < 0.01%S FRWD CHF 9/25/2014 < 0.01%MORITA HOLDINGS CORP < 0.01%GIMV NV < 0.01%HOGY MEDICAL CO LTD < 0.01%CHANGYOU.COM LTD-ADR < 0.01%DOSHISHA CO LTD < 0.01%OCCIDENTAL PETROLEUM CORP < 0.01%VAUDOISE ASSURANCES HOL < 0.01%FUKUDA DENSHI CO LTD < 0.01%LUMAX INTERNATIONAL CORP LT < 0.01%BOUSTEAD SINGAPORE LTD < 0.01%KUNG LONG BATTERIES INDUSTR < 0.01%DREAM OFFICE REAL ESTATE IN < 0.01%CHAMPION REIT < 0.01%TOFAS TURK OTOMOBIL FABRIKA < 0.01%NATIONAL GRID PLC < 0.01%TOPPAN PRINTING CO LTD < 0.01%PIOLAX INC < 0.01%SOHO CHINA LTD < 0.01%FEDERAL HYDROGENERATING-ADR < 0.01%SUNLIGHT REAL ESTATE INVEST < 0.01%SIEMENS AG-REG < 0.01%CHIN-POON INDUSTRIAL CO LTD < 0.01%NETUREN CO LTD < 0.01%SKY PERFECT JSAT HOLDINGS < 0.01%GREAT EAGLE HOLDINGS LTD < 0.01%FUKUSHIMA INDUSTRIES CORP < 0.01%SHOUGANG FUSHAN RESOURCES G < 0.01%Security% of PortfolioSHIN-ETSU POLYMER CO LTD < 0.01%KAZAKHMYS PLC < 0.01%SUMITOMO DENSETSU CO LTD < 0.01%TSUKADA GLOBAL HOLDINGS INC < 0.01%CANON ELECTRONICS INC < 0.01%LITE-ON TECHNOLOGY CORP < 0.01%CABCHARGE AUSTRALIA LTD < 0.01%KATO SANGYO CO LTD < 0.01%ASAX CO LTD < 0.01%TAIWAN CHINSAN ELECTRONIC < 0.01%JAPAN AIRLINES CO LTD < 0.01%JAPANESE YEN < 0.01%SPIRENT COMMUNICATIONS PLC < 0.01%PANAHOME CORP < 0.01%CANON MARKETING JAPAN INC < 0.01%ATLASBX CO LTD < 0.01%COLLECTION HOUSE LTD < 0.01%DU PONT (E.I.) DE NEMOURS < 0.01%SUPER RETAIL GROUP LTD < 0.01%PAN-UNITED CORP LTD < 0.01%FIAT SPA < 0.01%FAR EAST CONSORTIUM INTERNA < 0.01%HYAKUGO BANK LTD/THE < 0.01%REAL NUTRICEUTICAL GROUP LT < 0.01%RAIFFEISEN BANK INTERNATION < 0.01%HI-LEX CORP < 0.01%CUMMINS INC < 0.01%FUYO GENERAL LEASE CO LTD < 0.01%BTS GROUP HOLDINGS PCL-NVDR < 0.01%NIPPON PILLAR PACKING CO LT < 0.01%DELEK AUTOMOTIVE SYSTEMS LT < 0.01%RCR TOMLINSON LTD < 0.01%OITA BANK LTD/THE < 0.01%TOPPAN FORMS CO LTD < 0.01%EMPEROR INTL HLDG LTD < 0.01%NIPPON KONPO UNYU SOKO CO < 0.01%MIRLE AUTOMATION CORP < 0.01%AMERICAN CREDIT ACCEPTANCE 7/15/2016 < 0.01%SINKO INDUSTRIES LTD < 0.01%TECO ELECTRIC & MACHINERY < 0.01%CSI PROPERTIES LTD < 0.01%TOKAI CORP (GIFU) < 0.01%BERENDSEN PLC < 0.01%NIPPON SYNTHETIC CHEMICAL < 0.01%TOYO INK SC HOLDINGS CO LTD < 0.01%LEWIS GROUP LTD < 0.01%MYER HOLDINGS LTD < 0.01%AIR NEW ZEALAND LTD < 0.01%DOUTOR NICHIRES HOLDINGS CO < 0.01%BAOYE GROUP CO LTD -H < 0.01%ASAHI HOLDINGS INC < 0.01%DAIMLER AG-REGISTERED SHARE < 0.01%HYAKUJUSHI BANK LTD/THE < 0.01%SINO-OCEAN LAND HOLDINGS < 0.01%AST Portfolio Holdings506 of 635

AST Schroders Global Tactical Portfolio (continued)Security% of PortfolioS FRWD CND 9/25/2014 < 0.01%SIRTEC INTERNATIONAL CO LTD < 0.01%DAI NIPPON PRINTING CO LTD < 0.01%JEAN COUTU GROUP INC-CLASS < 0.01%KYUDENKO CORP < 0.01%BERJAYA SPORTS TOTO BHD < 0.01%ADEKA CORP < 0.01%XTEP INTERNATIONAL HOLDINGS < 0.01%AUSDRILL LTD < 0.01%KATHMANDU HOLDINGS LTD < 0.01%GEO HOLDINGS CORP < 0.01%JAPAN TOBACCO INC < 0.01%CHINA LUMENA NEW MATERIALS < 0.01%PAL CO LTD < 0.01%YELLOW HAT LTD < 0.01%SOGO MEDICAL CO LTD < 0.01%HARMONY GOLD MNG-SPON ADR < 0.01%COMPASS GROUP < 0.01%ALPINE ELECTRONICS INC < 0.01%FUKUOKA FINANCIAL GROUP INC < 0.01%ICHIYOSHI SECURITIES CO LTD < 0.01%SAINT MARC HOLDINGS CO LTD < 0.01%KSB AG-VORZUG < 0.01%ABB LTD-REG < 0.01%GLOBAL MIXED-MODE TECHNOLOG < 0.01%PREMIER FARNELL PLC < 0.01%IMMOFINANZ AG < 0.01%DECMIL GROUP LTD < 0.01%FIRST INTL BANK ISRAEL < 0.01%JKX OIL & GAS PLC < 0.01%NIPPON SEIKI CO LTD < 0.01%RIKEN CORP < 0.01%XCHANGING PLC < 0.01%AMSTERDAM COMMODITIES NV < 0.01%AVEX GROUP HOLDINGS INC < 0.01%CHINA TRAVEL INTL INV HK < 0.01%S&T DYNAMICS CO LTD < 0.01%CANADIAN DOLLAR < 0.01%PACIFIC ONLINE < 0.01%DYNAPACK INTERNATIONAL TECH < 0.01%NORTH PACIFIC BANK LTD < 0.01%CREDIT CORP GROUP LTD < 0.01%FUTABA CORP/CHIBA < 0.01%EATON CORP PLC < 0.01%ST. IVES PLC < 0.01%FERREXPO PLC < 0.01%INDUSTRIAL BANK OF KOREA < 0.01%VERIZON COMMUNICATIONS INC < 0.01%MITANI CORP < 0.01%WARABEYA NICHIYO CO LTD < 0.01%PROGRAMMED MAINTENANCE SERV < 0.01%TOMOE ENGINEERING CO LTD < 0.01%NISHI-NIPPON CITY BANK LTD < 0.01%ALPEN CO LTD < 0.01%Security% of PortfolioNIFTY CORP < 0.01%HIGHLAND GOLD MINING LTD < 0.01%FUJISHOJI CO LTD < 0.01%KOWLOON DEVELOPMENT CO LTD < 0.01%MITSUI MATSUSHIMA CO LTD < 0.01%YAMAGUCHI FINANCIAL GROUP I < 0.01%TETRAGON FINANCIAL GROUP LT < 0.01%YOROZU CORP < 0.01%MATSUDA SANGYO CO LTD < 0.01%LEROEY SEAFOOD GROUP ASA < 0.01%NITTETSU MINING CO LTD < 0.01%CORONA CORP < 0.01%WALTER MEIER AG - REG < 0.01%DEBENHAMS PLC < 0.01%GUNZE LTD < 0.01%LONKING HOLDINGS LTD < 0.01%RESOLUTE MINING LTD < 0.01%THAI TAP WATER SUPPLY-NVDR < 0.01%DONGYANG E&P INC < 0.01%UNIVERSAL ENTERTAINMENT COR < 0.01%HONG KONG DOLLAR < 0.01%ATEN INTERNATION CO LTD < 0.01%SWISS FRANC < 0.01%SLIGRO FOOD GROUP NV < 0.01%A.F.P. HABITAT S.A. < 0.01%HONGKONG & SHANGHAI HOTELS < 0.01%PADINI HOLDINGS BERHAD < 0.01%TOCHIGI BANK LTD/THE < 0.01%TOA ROAD CORP < 0.01%SEMAPA-SOCIEDADE DE INVESTI < 0.01%ASIAN CITRUS HOLDINGS LTD < 0.01%YAMAZEN CORP < 0.01%DAIHATSU DIESEL MFG CO LTD < 0.01%TOKAI CARBON CO LTD < 0.01%TAIHEI DENGYO KAISHA LTD < 0.01%YOUNGONE HOLDINGS CO LTD < 0.01%EIGHTEENTH BANK LTD/THE < 0.01%IS GAYRIMENKUL YATIRIM ORTA < 0.01%EVN AG < 0.01%361 DEGREES INTERNATIONAL < 0.01%TIANNENG POWER INTL LTD < 0.01%ASIA CEMENT CHINA HOLDINGS < 0.01%CHONGQING RURAL COMMERCIAL- < 0.01%PEAK SPORT PRODUCTS LTD < 0.01%FUJIMORI KOGYO CO LTD < 0.01%SODICK CO LTD < 0.01%CHINA SANJIANG FINE CHEMICA < 0.01%TACHI-S CO LTD < 0.01%MUSASHINO BANK LTD/THE < 0.01%CHINA LILANG LTD < 0.01%WOWOW INC < 0.01%ZOETIS INC < 0.01%THORN GROUP LTD < 0.01%CA IMMOBILIEN ANLAGEN AG < 0.01%AST Portfolio Holdings507 of 635

AST Schroders Global Tactical Portfolio (continued)Security% of PortfolioAICHI STEEL CORP < 0.01%CHUGOKU MARINE PAINTS LTD < 0.01%TKC CORP < 0.01%HONG FOK CORP LTD < 0.01%AISAN INDUSTRY CO LTD < 0.01%REGENT MANNER INTERNATIONAL < 0.01%KURA CORP < 0.01%TOCALO CO LTD < 0.01%AWA BANK LTD/THE < 0.01%TOPY INDUSTRIES LTD < 0.01%MINISTOP CO LTD < 0.01%CHORI CO LTD < 0.01%SOUNDWILL HOLDINGS LTD < 0.01%HOKKOKU BANK LTD/THE < 0.01%MACA LTD < 0.01%SHENZHEN INVESTMENT LTD < 0.01%SHANDONG LUOXIN PHARMACY-H < 0.01%SRA HOLDINGS INC < 0.01%CYBERLINK CORP < 0.01%DAECHANG FORGING CO LTD < 0.01%XINHUA WINSHARE PUBLISHING < 0.01%JINRO DISTILLERS CO LTD < 0.01%MORGUARD CORP < 0.01%PRESS KOGYO CO LTD < 0.01%INTOPS CO LTD < 0.01%TORSTAR CORP - CL B < 0.01%RHJ INTERNATIONAL < 0.01%SINOLINK WORLDWIDE HOLDINGS < 0.01%MORGUARD REAL ESTATE-TR UTS < 0.01%DONGKOOK INDUSTRIAL CO LTD < 0.01%MOBILEZONE HOLDING AG-BR < 0.01%QINGLING MOTORS CO LTD-H < 0.01%ALTAMIR < 0.01%BANK OF KOCHI LTD < 0.01%BPD JAWA TIMUR TBK PT < 0.01%ACRUX LTD < 0.01%DENYO CO LTD < 0.01%FORMOSAN RUBBER GROUP INC < 0.01%ASAHI BROADCASTING CORP < 0.01%DONGSUH COMPANIES INC < 0.01%ELECOM CO LTD < 0.01%TBK CO LTD < 0.01%ALPIQ HOLDING AG-REG < 0.01%EGE SERAMIK SANAYI VE TICAR < 0.01%INFAC CORP < 0.01%KANEMATSU ELECTRONICS LTD < 0.01%SHIGA BANK LTD/THE < 0.01%CREATE RESTAURANTS HOLDINGS < 0.01%TAIWAN SURFACE MOUNTING TEC < 0.01%DYNACOLOR INC < 0.01%KEYANG ELECTRIC MACHINERY C < 0.01%TOYO KOHAN CO LTD < 0.01%ACCTON TECHNOLOGY CORP < 0.01%IBASE TECHNOLOGY INC < 0.01%Security% of PortfolioPOWERLONG REAL ESTATE HOLDI < 0.01%UNITED INTEGRATED SERVICES < 0.01%TAIYO HOLDINGS CO LTD < 0.01%ASIA HOLDINGS CO LTD < 0.01%NIPPON ROAD CO LTD < 0.01%NISSHIN FUDOSAN CO LTD < 0.01%NRW HOLDINGS LTD < 0.01%ATSUGI CO LTD < 0.01%SKYMARK AIRLINES INC < 0.01%ALCOR MICRO CORP < 0.01%ABOITIZ POWER CORP < 0.01%HARBIN ELECTRIC CO LTD-H < 0.01%NIPPON SEISEN CO LTD < 0.01%NUPLEX INDUSTRIES LTD < 0.01%AV TECH CORP < 0.01%SAERON AUTOMOTIVE CORP < 0.01%ETERNIT SA < 0.01%MARS ENGINEERING CORP < 0.01%PORTS DESIGN LTD < 0.01%ALLIED PROPERTIES HK LTD < 0.01%SHUI ON LAND LTD < 0.01%BANK OF THE RYUKYUS LTD < 0.01%MEIKO NETWORK JAPAN CO LTD < 0.01%AMUSE INC < 0.01%FUNAI ELECTRIC CO LTD < 0.01%DAIKOKU DENKI CO LTD < 0.01%NORTH WEST CO INC/THE < 0.01%ANEST IWATA CORP < 0.01%INFOCOM CORP < 0.01%RIKEN KEIKI CO LTD < 0.01%FFP < 0.01%SAKATA INX CORP < 0.01%BOLINA HOLDING CO LTD < 0.01%SAN-AI OIL CO LTD < 0.01%RHYTHM WATCH CO LTD < 0.01%CLEANUP CORP < 0.01%NEW ERA ELECTRONICS CO LTD < 0.01%ACHILLES CORP < 0.01%METRO HOLDINGS LTD < 0.01%NIPPON PISTON RING CO LTD < 0.01%IPEK DOGAL ENERJI KAYNAKLAR < 0.01%SAKAI CHEMICAL INDUSTRY CO < 0.01%FJ NEXT CO LTD < 0.01%LAI FUNG HOLDINGS LTD < 0.01%ZAPPALLAS INC < 0.01%LONSEAL CORP < 0.01%MID REIT INC < 0.01%UMS HOLDINGS LTD < 0.01%TENMA CORP < 0.01%GENDAI AGENCY INC < 0.01%MEGACHIPS CORP < 0.01%WAREHOUSE GROUP LIMITED/THE < 0.01%FIRST JUKEN CO LTD < 0.01%DONGIL INDUSTRIES CO LTD < 0.01%AST Portfolio Holdings508 of 635

AST Schroders Global Tactical Portfolio (continued)Security% of PortfolioNIPPON HUME CORP < 0.01%JVC KENWOOD CORP < 0.01%KAMEI CORP < 0.01%SEDGMAN LTD < 0.01%TOYO MACHINERY & METAL CO < 0.01%SEBANG CO LTD < 0.01%FHLMC STRUCTURED PASS THROU 11/25/2028 < 0.01%HAMAKYOREX CO LTD < 0.01%KINKI SHARYO CO LTD < 0.01%AIZAWA SECURITIES CO LTD < 0.01%LAI SUN DEVELOPMENT < 0.01%CHINA OCEAN RESOURCES CO LT < 0.01%SINANEN CO LTD < 0.01%EXACT HOLDING NV < 0.01%POLYTRONICS TECHNOLOGY CORP < 0.01%KENKO MAYONNAISE CO LTD < 0.01%OGAKI KYORITSU BANK LTD/THE < 0.01%SILVER GRANT INTL LTD. < 0.01%HUSTEEL CO LTD < 0.01%NAM TAI ELECTRONICS INC < 0.01%LAND & GENERAL BHD < 0.01%FUJI KOSAN COMPANY LTD < 0.01%S FRWD EUR 9/25/2014 < 0.01%BANCA POPOLARE DELL'ETRURIA < 0.01%CVILUX CORP < 0.01%UTOC CORP < 0.01%MAJESTIC WINE PLC < 0.01%DAIKOKUTENBUSSAN CO LTD < 0.01%KLCCP STAPLED GROUP < 0.01%SWEDISH KRONA < 0.01%OTSUKA KAGU LTD < 0.01%BIJOU BRIGITTE MODI ACCESS < 0.01%HONG LEONG FINANCE LTD < 0.01%ARISAWA MFG CO LTD < 0.01%NITTOC CONSTRUCTION CO LTD < 0.01%HIGASHI-NIPPON BANK LTD/THE < 0.01%DRAYTEK CORP < 0.01%JAPAN FOUNDATION ENGINEERIN < 0.01%SINPAS GAYRIMENKUL YATIRIM < 0.01%LEC INC < 0.01%DAISHINKU CORP < 0.01%CHESNARA PLC < 0.01%SNT CORP < 0.01%SITOY GROUP HOLDINGS LTD < 0.01%COASTAL GREENLAND LTD < 0.01%STARK TECHNOLOGY INC < 0.01%KIMOTO CO LTD < 0.01%WASION GROUP HOLDINGS LTD < 0.01%YOOSUNG ENTERPRISE CO LTD < 0.01%DAI-ICHI SEIKO CO LTD < 0.01%BANK OF IWATE LTD/THE < 0.01%TOWA BANK LTD/THE < 0.01%ESPEC CORP < 0.01%FLEETWOOD CORPORATION LTD < 0.01%Security% of PortfolioSEAH STEEL CORPORATION < 0.01%YODOGAWA STEEL WORKS LTD < 0.01%TCL MULTIMEDIA TECHNOLOGY < 0.01%BUWOG AG < 0.01%SANOH INDUSTRIAL CO LTD < 0.01%INABATA & CO LTD < 0.01%TOKYO ENERGY & SYSTEMS INC < 0.01%APG SGA SA < 0.01%SANYO HOUSING NAGOYA CO LTD < 0.01%BANK OF OKINAWA LTD/THE < 0.01%RESTAURANT BRANDS NZ LTD < 0.01%DAINICHI CO LTD < 0.01%REGAL HOTELS INTL HLDGS LTD < 0.01%SAMSON HOLDING LTD < 0.01%UNION BANK OF ISRAEL < 0.01%IWATSU ELECTRIC CO LTD < 0.01%C C LAND HOLDINGS LTD < 0.01%HAW PAR CORP LTD < 0.01%BOIRON SA < 0.01%NOJIMA CORP < 0.01%YAMANASHI CHUO BANK LTD/THE < 0.01%INVESTMENT AB ORESUND < 0.01%MITSUI KNOWLEDGE INDUSTRY C < 0.01%AXELL CORP < 0.01%OKINAWA CELLULAR TELEPHONE < 0.01%HIRANO TECSEED CO (KINZOKU) < 0.01%FRASERS COMMERCIAL TRUST < 0.01%INFICON HOLDING AG-REG < 0.01%KARDEX AG-REG < 0.01%DENKI KOGYO CO LTD < 0.01%CHINA TAIFENG BEDDINGS HOLD < 0.01%RIGHT ON CO LTD < 0.01%MITSUBOSHI BELTING CO LTD < 0.01%FUJIKURA KASEI CO LTD < 0.01%ITOCHU-SHOKUHIN CO LTD < 0.01%RENOWN INC < 0.01%CHIBA KOGYO BANK LTD/THE < 0.01%GREAT CHINA METAL INDUSTRY < 0.01%VITAL KSK HOLDINGS INC < 0.01%SINTOKOGIO LTD < 0.01%BRAZILIAN REAL < 0.01%TOTAL GABON < 0.01%DANTO HOLDINGS CORP < 0.01%MAXITRANS INDUSTRIES LTD < 0.01%VP BANK AG < 0.01%LIPPO MALLS INDONESIA RETAI < 0.01%SKELLERUP HOLDINGS LTD < 0.01%CHINA ECOTEK CORPORATION < 0.01%TOKEN CORP < 0.01%INVERSIONES AGUAS METROPOL < 0.01%SOCIETE D'EDITION DE CANAL < 0.01%ATRIUM EUROPEAN REAL ESTATE < 0.01%MOONBAT CO LTD < 0.01%TAKAMATSU CONSTRUCTION GROU < 0.01%AST Portfolio Holdings509 of 635

AST Schroders Global Tactical Portfolio (continued)Security% of PortfolioDAN FORM HOLDINGS CO LTD < 0.01%HYUNDAI HY COMMUNICATIONS & < 0.01%MIYAZAKI BANK LTD/THE < 0.01%EMPEROR ENTERTAINMENT HOTEL < 0.01%NORWEGIAN KRONE < 0.01%KAWAGISHI BRIDGE WORKS < 0.01%DICKSON CONCEPTS INTL LTD < 0.01%HKR INTERNATIONAL LTD < 0.01%TAKA-Q LTD < 0.01%KONAKA CO LTD < 0.01%CST MINING GROUP LTD < 0.01%NEOWIZ HOLDINGS CORP < 0.01%LAI SUN GARMENT (INTL) < 0.01%ICHIROKUDO CO LTD < 0.01%OROTONGROUP LTD < 0.01%YGM TRADING < 0.01%NEW ZEALAND OIL & GAS LTD < 0.01%HELBOR EMPREENDIMENTOS SA < 0.01%IMASEN ELECTRIC INDUSTRIAL < 0.01%SINGAPORE DOLLAR < 0.01%CENTRON TELECOM INTERNATION < 0.01%RAUBEX GROUP LTD < 0.01%DWS LTD < 0.01%AMERIGO RESOURCES LTD < 0.01%CHINA PROPERTIES GROUP < 0.01%OHARA INC < 0.01%ST BARBARA LTD < 0.01%MRV ENGENHARIA < 0.01%MACMAHON HOLDINGS LTD < 0.01%SUN HUNG KAI WTS EXP: 2016 < 0.01%RAMELIUS RESOURCES LTD < 0.01%IMPAC SECURED ASSETS CORP. 8/25/2036 < 0.01%BABYLON LTD < 0.01%US TREASURY N/B 2/28/2015 < 0.01%OSRAM LICHT AG < 0.01%DANISH KRONE < 0.01%FREDDIE MAC 7/15/2033 < 0.01%ISRAELI SHEKEL < 0.01%POLAND ZLOTY < 0.01%TURKISH LIRA < 0.01%SOUTH AFRICAN RAN < 0.01%CZECH KORUNA < 0.01%NEW ZEALAND DOLLA < 0.01%HUNGARIAN FORINT < 0.01%MEXICAN PESO < 0.01%S SPOT AUD 8/05/2014 < 0.01%S SPOT JPY 1 8/04/2014 < 0.01%S SPOT JPY 1 8/01/2014 < 0.01%RAMELIUS RESOURCES LTD RTS < 0.01%S SPOT SGD 8/01/2014 < 0.01%TURK HAVA YOLLARI AO < 0.01%S SPOT JPY 1 8/04/2014 < 0.01%INDONESIAN RUPIAH < 0.01%S SPOT HK 8/04/2014 < 0.01%Security% of PortfolioS SPOT CND 8/01/2014 < 0.01%S SPOT HK 8/04/2014 < 0.01%S SPOT CND 8/01/2014 < 0.01%L SPOT JPY 1 8/01/2014 < 0.01%UK POUND STERLING < 0.01%L FRWD AUD 9/25/2014 < 0.01%L FRWD GBP 9/25/2014 < 0.01%L CROS AUD 9/25/2014 < 0.01%L CROS AUD 9/25/2014 < 0.01%L CROS JPY 9/25/2014 -0.01%L FRWD AUD 9/25/2014 -0.01%L FRWD JPY 9/25/2014 -0.01%L FRWD JPY 9/25/2014 -0.02%L CROS NZD 9/25/2014 -0.02%JAPAN YEN -0.05%L FRWD NOK 9/25/2014 -0.05%AUSTRALIA DOLLAR -0.08%TRS (SPTRUTIL) INDEX -0.71%TRS (SPTRUTIL) INDEX -2.15%AST Portfolio Holdings510 of 635

AST Schroders Multi-Asset World Strategies PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 15.61%ESU4 S&P 500 EMINI FUT 9/24/2014 11.34%TYU4 US 10YR NOTE (CBT) 10/04/2014 7.75%NKU4 NIKKEI 225 (OSE) 9/17/2014 3.31%PRICE-VALUE 2.69%TRS (SPTRUTIL) INDEX 11/24/2014 2.21%MFS-EM MK DBT-I 2.02%TUU4 US 2YR NOTE (CBT) 10/05/2014 1.90%EURO STOXX 50 9/23/2014 1.66%VANGUARD REIT ETF 1.48%TRS (SPGCENP) INDEX 1.36%ISHARES MSCI EMERGING MARKE 1.19%SPDR BARCLAYS CONVERTIBLE S 1.00%GOLDMAN-S/C VA-I 0.98%RTAU4S RUSSELL 2000 MINI 9/24/2014 0.98%WNU4S US ULTRA BOND(CBT) 10/05/2014 0.79%PTU4 S&P/TSX 60 IX FUT 9/23/2014 0.72%TRS (SPTRUTIL) INDEX 11/24/2014 0.72%TRS (SPGCCIP) INDEX 0.68%Z U4 FTSE 100 IDX FUT 9/24/2014 0.53%FVU4 US 5YR NOTE (CBT) 10/08/2014 0.25%VERIZON COMM INC 9/15/2043 0.23%EUROPEAN CURRENCY 0.22%CANADA DOLLAR 0.22%INTEL CORP 0.20%HSBC HOLDINGS PLC 0.20%FORD MOTOR CRED 8/06/2023 0.19%MORTGAGE FUNDING PLC 3/13/2046 0.19%JPMORGAN CHASE 9/23/2022 0.19%MERCK & CO. INC. 0.19%GERMAN RESIDENTIAL FUNDING 8/27/2024 0.19%MICROSOFT CORP 0.18%APPLE INC 0.18%BERICA ABS SRL 6/30/2061 0.18%DECO 7/28/2021 0.17%PFIZER INC 0.17%E-MAC PROGRAM B.V. 7/25/2047 0.17%ASTRAZENECA PLC 0.17%RMAC PLC 12/12/2035 0.17%ELI LILLY & CO 0.17%GLAXOSMITHKLINE PLC 0.16%IBM CORP 10/15/2018 0.16%JPMORGAN CHASE & CO 0.16%HSBC HOLDINGS PLC 0.16%MEDTRONIC INC 0.16%WELLS FARGO CO 6/03/2026 0.16%ORACLE CORP 10/15/2022 0.16%BANK OF AMER CRP 7/01/2020 0.15%SAMSUNG ELECTRONICS CO LTD 0.15%MONEY PARTNERS SECURITIES P 3/15/2040 0.15%RMAC SECURITIES PLC 6/12/2044 0.15%ROCHE HOLDING AG-GENUSSCHEI 0.15%EUROSAIL PLC 12/15/2044 0.14%FLORIDA ST HURRICANE CATAST 7/01/2020 0.14%Security% of PortfolioABBVIE INC 0.14%EXXON MOBIL CORP 0.14%AFLAC INC 0.14%SEMPER FINANCE LTD 2006-1 9/30/2084 0.14%CITIGROUP INC 9/13/2043 0.14%RMAC SECURITIES PLC 6/12/2044 0.13%RESIDENTIAL MORTGAGE SECURI 8/10/2038 0.13%BLUESTEP MORTGAGE SECURITIE 11/10/2055 0.13%BRITISH SKY BROADCASTING GR 0.13%ODEBRECHT FINANC 6/27/2029 0.13%CHINA MOBILE LTD 0.13%SOCIETE GENERALE 1/17/2024 0.13%UK POUND STERLING 0.13%CHEVRON CORP 0.13%CITIGROUP INC 0.12%ACE LTD 0.12%GOLDMAN SACHS GROUP INC 0.12%LYONDELLBASELL INDU-CL A 0.12%NBCUNIVERSAL MED 4/30/2020 0.12%LOCKHEED MARTIN CORP 0.12%JPMORGAN CHASE 7/22/2020 0.12%FVU4 US 5YR NOTE (CBT) 10/08/2014 0.12%AT&T INC 0.12%INTL BUSINESS MACHINES CORP 0.11%SOUTHERN PACIFIC FINANCING 3/10/2044 0.11%THRONES PLC 7/20/2044 0.11%EMC CORP/MA 0.11%LEGAL & GENERAL GROUP PLC 0.11%CONOCOPHILLIPS 0.11%TELSTRA CORP LTD 0.11%QUEST DIAGNOSTICS INC 0.11%CENTRICA PLC 0.11%WOODSIDE PETROLEUM LTD 0.11%GOLDMAN SACHS GP 7/27/2021 0.11%CISCO SYSTEMS INC 0.11%HSBC HOLDINGS 3/30/2022 0.11%STATOIL ASA 0.11%CANADIAN OIL SANDS LTD 0.11%RENAISSANCERE HOLDINGS LTD 0.11%RESIDENTIAL MORTGAGE SECURI 11/14/2039 0.10%ORACLE CORP 0.10%UNILEVER PLC 0.10%EUROSAIL PLC 12/10/2044 0.10%BHP BILLITON PLC 0.10%NORDSTROM INC 1/15/2044 0.10%UNITEDHEALTH GROUP INC 0.10%NTT DOCOMO INC 0.10%METLIFE INC 12/15/2036 0.10%SILENUS (EUROP LOAN COND N2 5/15/2019 0.10%ROYAL BK SCOTLND 3/31/2017 0.10%AMERICAN EXPRESS 6/05/2017 0.10%BHP BILLITON LTD 0.10%DECO 2/22/2026 0.10%OCCIDENTAL PETROLEUM CORP 0.10%AST Portfolio Holdings511 of 635

AST Schroders Multi-Asset World Strategies Portfolio (continued)Security% of PortfolioORION OYJ-CLASS B 0.10%ENERGY TRAN PTNR 10/01/2020 0.10%PETROLEOS MEXICA 1/24/2022 0.10%TELENOR ASA 0.10%CNOOC LTD 0.10%ROYAL BK SCOTLND 8/24/2020 0.09%GENERAL MILLS INC 0.09%GEN ELECTRIC CO 3/11/2044 0.09%SANDWELL COMMERCIAL FINANCE 9/30/2037 0.09%ALBA PLC 11/25/2042 0.09%CANON INC 0.09%MTN GROUP LTD 0.09%NORTHROP GRUMMAN CORP 0.09%BPCE 12/10/2018 0.09%REP OF POLAND 1/22/2024 0.09%LAWSON INC 0.09%ING US INC 7/15/2022 0.09%BANK OF AMER CRP 1/11/2023 0.09%BRIDGESTONE CORP 0.09%CAPITAL ONE FINANCIAL CORP 0.09%BNP PARIBAS 0.09%OTSUKA HOLDINGS CO LTD 0.09%BRAZIL REP OF 3/07/2015 0.09%RAYTHEON COMPANY 0.09%DELPHI AUTOMOTIVE PLC 0.09%MACQUARIE GROUP LTD 0.09%PETROLEOS MEXICA 1/23/2045 0.09%CF INDUSTRIES HOLDINGS INC 0.09%BASF SE 0.09%WILLIAMS PARTNER 3/15/2020 0.09%ELEC DE FRANCE 12/29/2049 0.08%AMGEN INC 0.08%DELMARVA PR & LT 11/15/2023 0.08%UBS AG LONDON 1/23/2015 0.08%EUROSAIL PLC 3/13/2045 0.08%DIAMOND OFFSHORE DRILLING 0.08%ROGERS COMMUNICATIONS INC-B 0.08%MICHELIN (CGDE) 0.08%WELLPOINT INC 1/15/2043 0.08%MORGAN STANLEY 2/25/2023 0.08%NORDDEUTSCHE L/B 10/16/2015 0.08%SHAW COMMUNICATIONS INC-B 0.08%VERIZON COMMUNICATIONS INC 0.08%EUROPEAN INVT BK 2/15/2036 0.08%SANOFI 0.08%BECTON DICKINSON AND CO 0.08%DIRECTV HLDGS/FN 3/15/2017 0.08%GOLDMAN SACHS GP 3/15/2020 0.08%ALBA PLC 5/25/2051 0.08%WEATHERFORD BERM 4/15/2042 0.08%MARBLE ARCH RESIDENTIAL SEC 3/20/2040 0.08%CALIFORNIA ST 4/01/2039 0.08%HSBC HOLDINGS 1/14/2022 0.08%APPLE INC 5/03/2023 0.08%Security% of PortfolioCR BARD INC 0.07%PAYCHEX INC 0.07%AXIS CAPITAL HOLDINGS LTD 0.07%ENSCO PLC 3/15/2021 0.07%CITIGROUP INC 7/15/2039 0.07%BANK OF AMERICA CORP 0.07%OMNICOM GROUP 8/15/2020 0.07%WESTERN DIGITAL CORP 0.07%YARA INTERNATIONAL ASA 0.07%EUROSAIL PLC 9/10/2044 0.07%TEVA PHARMACEUTICAL-SP ADR 0.07%MARSH & MCLENNAN 7/15/2021 0.07%KDDI CORP 0.07%GILEAD SCIENCES 4/01/2021 0.07%ISUZU MOTORS LTD 0.07%BANK OF AMER CRP 4/01/2019 0.07%HOME DEPOT INC 4/01/2021 0.07%MCDONALD'S CORP 0.07%AMER INTL GROUP 12/15/2020 0.07%WILLIAMS COS INC 6/24/2024 0.07%FMS WERTMANAGE 11/20/2018 0.07%AON PLC 6/14/2044 0.07%BAXTER INTERNATIONAL INC 0.07%ENERGIZER HOLDINGS INC 0.07%VODACOM GROUP LTD 0.07%QUALCOMM INC 0.07%MUNI ELEC AUTH OF GEORGIA 4/01/2057 0.07%STANDARD CHART 3/26/2044 0.07%BELGACOM SA 0.07%ORACLE CORP 7/08/2024 0.07%BP PLC 0.07%MIDAMERICAN ENER 9/15/2037 0.07%GRANITE MASTER ISSUER PLC 12/20/2054 0.07%AETNA INC 0.07%ROYAL BANK OF SCOTLAND GROU 0.07%LYB INTL FIN 7/15/2043 0.07%ACTAVIS FUNDING 6/15/2044 0.07%SOUTHERN CO 9/15/2015 0.07%WYETH 4/01/2037 0.06%JEFFERIES GROUP 1/20/2023 0.06%NEW BRUNSWICK 6/15/2018 0.06%CA INC 0.06%AUTOZONE INC 1/15/2023 0.06%RED ELECTRICA CORPORACION S 0.06%GOLDMAN SACHS GP 11/29/2023 0.06%NEWS AMER INC 2/15/2021 0.06%ALBA PLC 3/17/2039 0.06%RESIDENTIAL MORTGAGE SECURI 11/12/2038 0.06%HUMANA INC 12/01/2022 0.06%UNILEVER NV-CVA 0.06%MICROSOFT CORP 2/08/2016 0.06%OMEGA HEALTHCARE 4/01/2024 0.06%HUMANA INC 0.06%ALLY FINANCIAL 9/15/2020 0.06%AST Portfolio Holdings512 of 635

AST Schroders Multi-Asset World Strategies Portfolio (continued)Security% of PortfolioBARCLAYS BK PLC 10/14/2020 0.06%ILLINOIS ST 4/01/2035 0.06%RECKITT BENCKISER GROUP PLC 0.06%PTT EXPLOR & PROD PCL-NVDR 0.06%SOUTHERN POWER 7/15/2043 0.06%UNITED THERAPEUTICS CORP 0.06%BPCE 4/15/2024 0.06%MAXIM INTEGRATED PRODUCTS 0.06%CORNING INC 0.06%RECORDATI SPA 0.06%NBCUNIVERSAL MED 4/01/2021 0.06%ANGLO AMERICAN PLC 0.06%HOYA CORP 0.06%LLOYDS BANK PLC 9/14/2020 0.06%NATIONAL OILWELL VARCO INC 0.06%SEKISUI CHEMICAL CO LTD 0.06%DISCOVER FINANCIAL SERVICES 0.06%REPUBLIC SVCS 11/15/2021 0.06%KGHM POLSKA MIEDZ SA 0.06%CHEMED CORP 0.06%VERIZON COMM INC 6/09/2017 0.06%MMC NORILSK NICKEL JSC-ADR 0.06%GOLDMAN SACHS GP 1/22/2023 0.06%COM FED ELECTRIC 5/26/2021 0.06%SYSCO CORP 0.06%BEZEQ THE ISRAELI TELECOM C 0.06%WAL-MART STORES INC 0.06%NOBLE ENERGY INC 12/15/2021 0.06%PPL ELECTRIC UTI 7/15/2043 0.06%COBHAM PLC 0.06%KFW 9/08/2020 0.06%SASOL LTD 0.05%CANADIAN PAC RR 1/15/2042 0.05%GLENCORE FDG LLC 5/30/2023 0.05%SUN HUNG KAI PROPERTIES 0.05%ISRAEL CHEMICALS LTD 0.05%RIO TINTO FINANC 12/14/2018 0.05%L-3 COMMUNICATIONS HOLDINGS 0.05%SCHLUMBERGER LTD 0.05%MORGAN STANLEY 1/26/2020 0.05%BARRICK NA FIN 5/30/2021 0.05%TEXAS INSTRUMENTS INC 0.05%TELEKOMUNIKASI INDONESIA PE 0.05%MYRIAD GENETICS INC 0.05%MET TRANSPRTN AUTH NY REVEN 11/15/2040 0.05%KIA MOTORS CORPORATION 0.05%AMSURG CORP 0.05%SAGE GROUP PLC/THE 0.05%AMERICAN FINANCIAL GROUP IN 0.05%HONEYWELL INTERNATIONAL INC 0.05%INTL PAPER CO 6/15/2044 0.05%AMERICAN MUNI PWR-OHIO INC 2/15/2041 0.05%EMERSON ELECTRIC CO 0.05%COPA HOLDINGS SA-CLASS A 0.05%Security% of PortfolioCENTRAL JAPAN RAILWAY CO 0.05%CITIGROUP INC 3/01/2023 0.05%DEUTSCHE ANN FIN 10/02/2017 0.05%USU4 US LONG BOND (CBT) 10/05/2014 0.05%SHELL INTL FIN 8/21/2022 0.05%SOCIETE GENERALE 10/12/2017 0.05%ERP OPERATING-LP 12/15/2021 0.05%HELMERICH & PAYNE 0.05%AMLIN PLC 0.05%ASSURED GUARANTY LTD 0.05%FREEPORT-MC C&G 3/15/2018 0.05%KONE OYJ-B 0.05%HANNOVER RUECK SE 0.05%HSBC FIN CORP 1/15/2021 0.05%LABORATORY CRP OF AMER HLDG 0.05%DIRECTV 0.05%XEROX CORP 2/15/2015 0.05%ALTRIA GROUP INC 1/31/2024 0.05%DALLAS TX AREA RAPID TRANSI 12/01/2048 0.05%FIRST REP BANK 6/17/2019 0.05%EXPRESS SCRIPTS 11/15/2041 0.05%SMITH & NEPHEW PLC 0.05%UNITED MEXICAN 3/15/2022 0.05%AP MOELLER-MAERSK A/S-B 0.05%KIMBERLY-CLARK CORP 0.05%HISCOX LTD 0.05%KOHLS CORP 0.05%KLA-TENCOR CORPORATION 0.05%NEW YORK NY 12/01/2037 0.05%DELUXE CORP 0.05%UBS AG LONDON 3/30/2017 0.05%TGS NOPEC GEOPHYSICAL CO AS 0.05%3M CO 0.05%MISSOURI ST HIGHWAYS & TRAN 5/01/2033 0.05%TECK RESOURCES LTD-CLS B 0.05%MAGNA INTERNATIONAL INC 0.05%ALEXANDRIA REAL 7/30/2029 0.05%GOLDMAN SACHS GP 7/08/2044 0.05%GEORGIA POWER 3/15/2042 0.05%SEAGATE TECHNOLOGY 0.05%GOLDMAN SACHS GP 1/24/2022 0.05%EUROPEAN CURRENCY 0.05%TERADATA CORP 0.05%MATTEL INC 0.05%CHURCH & DWIGHT CO INC 0.05%ENAGAS SA 0.05%MONEY PARTNERS SECURITIES P 9/14/2039 0.05%CAPITAL ONE FINL 7/15/2021 0.05%ACTELION LTD-REG 0.05%BROADCOM CORP-CL A 0.05%EXPRESS SCRIPTS 11/15/2021 0.05%INPEX CORP 0.05%UNION PACIFIC CORP 0.05%NETAPP INC 0.05%AST Portfolio Holdings513 of 635

AST Schroders Multi-Asset World Strategies Portfolio (continued)Security% of PortfolioWPP FINANCE 9/15/2014 0.05%RMAC PLC 6/12/2037 0.05%FAIRFAX FINL HLD 5/15/2021 0.05%JOY GLOBAL INC 0.05%QWEST CORP 12/01/2021 0.05%ENI SPA 0.05%CUMMINS INC 0.04%PDL BIOPHARMA INC 0.04%VALE SA-SP PREF ADR 0.04%HCA HOLDINGS INC 5/15/2021 0.04%JOHNSON & JOHNSON 0.04%BRITISH AMERICAN TOBACCO PL 0.04%WESTERN UNION CO 0.04%SIRIUS XM RADIO 7/15/2024 0.04%BHP FINANCE USA 9/30/2043 0.04%MORGAN STANLEY 7/24/2042 0.04%DANSKE BANK A/S 4/14/2016 0.04%PHILIP MORRIS INTERNATIONAL 0.04%PARAGON MORTGAGES PLC 5/15/2041 0.04%ADMIRAL GROUP PLC 0.04%EXELIS INC 0.04%ENTERPRISE PRODU 10/15/2039 0.04%OMV AG 0.04%INVESTOR AB-B SHS 0.04%PORTUCEL SA 0.04%ASHMORE GROUP PLC 0.04%NEW YORK CITY NY MUNI WTR F 6/15/2042 0.04%KONINKLIJKE AHOLD NV 0.04%VODAFONE GROUP PLC 0.04%POWER ASSETS HOLDINGS LTD 0.04%SIGNET UK FINANC 6/15/2024 0.04%SYMANTEC CORP 0.04%JP MORGAN CHASE 10/01/2017 0.04%IMPERIAL TOBACCO GROUP PLC 0.04%ENTERPRISE PRODU 4/15/2018 0.04%FAMILYMART CO LTD 0.04%AXFOOD AB 0.04%INTL LEASE FIN 9/01/2017 0.04%CAPITAL ONE BANK 6/05/2017 0.04%PGE SA 0.04%CVS CAREMARK 12/05/2018 0.04%FLORIDA PWR CORP 6/15/2038 0.04%BED BATH & BEYOND INC 0.04%LEUCADIA NATL 10/18/2023 0.04%T ROWE PRICE GROUP INC 0.04%SYMETRA FINANCIAL CORP 0.04%TATE & LYLE PLC 0.04%COACH INC 0.04%MONSANTO CO 7/15/2064 0.04%MARATHON PETROLEUM CORP 0.04%OESTERREICHISCHE POST AG 0.04%ROWAN COS INC 12/01/2042 0.04%NIPPON TELEGRAPH & TELEPHON 0.04%PETROLEOS MEXICA 1/18/2024 0.04%Security% of PortfolioWOOLWORTHS LTD 0.04%GILEAD SCIENCES INC 0.04%SLM CORP 1/25/2017 0.04%CISCO SYSTEMS 1/15/2040 0.04%WH SMITH PLC 0.04%EASTMAN CHEMICAL 10/15/2044 0.04%VERIZON COMM INC 11/01/2022 0.04%MINERAL RESOURCES LTD 0.04%ST JUDE MEDICAL INC 0.04%FORD MOTOR CRED 5/09/2016 0.04%HEWLETT-PACKARD CO 0.04%MEDNAX INC 0.04%DUKE ENERGY CORP 9/15/2019 0.04%RABOBANK 11/09/2022 0.04%BURLINGTON NORTH 3/15/2042 0.04%WILLIS GRP HLDGS 3/15/2021 0.04%AMER CAMPUS COMM 4/15/2023 0.04%VALE SA-PREF 0.04%BNP PARIBAS 9/14/2017 0.04%NISOURCE FIN CP 3/01/2022 0.04%RMAC PLC 9/12/2035 0.04%LINCOLN ELECTRIC HOLDINGS 0.04%BANCO SANT CHILE 9/20/2022 0.04%CNOOC FIN 2013 L 5/09/2023 0.04%M6-METROPOLE TELEVISION 0.04%AMERICAN EQUITY INVT LIFE H 0.04%CHEVRON CORP 6/24/2023 0.04%SAMPO OYJ-A SHS 0.04%AMGEN INC 3/15/2020 0.04%UNIV OF TEXAS TX 8/15/2042 0.04%DECO 15 - PAN EUROPE 6 LIMI 4/27/2018 0.04%UNITED RENTAL NA 6/15/2023 0.04%RESIDENTIAL MORTGAGE SECURI 2/14/2041 0.04%LIBERTY MUTUAL 8/01/2044 0.04%ROYAL DUTCH SHELL PLC-A SHS 0.04%AMGEN INC 11/15/2021 0.04%FORD MOTOR CRED 5/15/2018 0.04%TRINITY ACQ PLC 8/15/2043 0.04%PROCTER & GAMBLE CO/THE 0.04%LINCOLN NATL CRP 6/24/2021 0.04%NESTLE SA-REG 0.04%UNITED MEXICAN 3/08/2044 0.04%ANHEUSER-BUSCH 7/15/2042 0.04%EL PASO PIPELINE 4/01/2020 0.04%GENWORTH HOLDING 8/15/2023 0.04%PETSMART INC 0.04%TS TECH CO LTD 0.04%BB BIOTECH AG-REG 0.04%BROCADE COMMUNICATIONS SYS 0.04%LORILLARD INC 0.04%CHESAP OIL OP/FN 11/15/2019 0.04%CEZ AS 0.04%TORCHMARK CORP 0.04%ROYAL DUTCH SHELL PLC-A SHS 0.03%AST Portfolio Holdings514 of 635

AST Schroders Multi-Asset World Strategies Portfolio (continued)Security% of PortfolioHSBC HOLDINGS 3/14/2044 0.03%DUKE ENERGY CAR 6/15/2020 0.03%COMCAST CORP 1/15/2043 0.03%UNION PAC CORP 7/15/2022 0.03%CNOOC CURTIS FUN 10/03/2023 0.03%BOE INTERM HLD 11/01/2017 0.03%MACYS RETAIL HLD 2/15/2023 0.03%SWISS RE TREAS 12/06/2022 0.03%BOC HONG KONG HOLDINGS LTD 0.03%WILLIAMS PARTNER 3/04/2044 0.03%UNITEDHEALTH GRP 6/15/2037 0.03%TOTAL SA 0.03%BPCE 10/22/2023 0.03%PHILIP MORRIS IN 5/16/2038 0.03%GOLDMAN SACHS GP 10/01/2037 0.03%MANSARD MORTGAGES PLC 10/15/2048 0.03%LEXMARK INTERNATIONAL INC-A 0.03%RIO TINTO FINANC 3/22/2022 0.03%TREND MICRO INC 0.03%TALISMAN FINANCE PLC 4/22/2017 0.03%ALTRIA GROUP INC 0.03%FREEPORT-MC C&G 3/15/2020 0.03%MITIE GROUP PLC 0.03%SUNCOR INC 6/01/2039 0.03%ECOPETROL SA 5/28/2045 0.03%RESIDENTIAL MORTGAGE SECURI 12/16/2050 0.03%DELPHI CORP 3/15/2024 0.03%NEXON CO LTD 0.03%PETROLEO BRASILEIRO S.A.-AD 0.03%KAZMUNAIGAS EXPLORATION -GD 0.03%NISSAN CHEMICAL INDUSTRIES 0.03%GENWORTH MI CANADA INC 0.03%QINETIQ GROUP PLC 0.03%SCRIPPS NETWORKS INTER-CL A 0.03%VALE SA 0.03%MARATHON PETRO 3/01/2021 0.03%PARKER HANNIFIN CORP 0.03%SWEDISH MATCH AB 0.03%AMER INTL GROUP 10/18/2016 0.03%NES RENTALS HLDG 5/01/2018 0.03%VALIDUS HOLDINGS LTD 0.03%MOBILE TELESYSTEMS-SP ADR 0.03%PTT PCL-NVDR 0.03%GUANGDONG INVESTMENT LTD 0.03%SOUTHERN PACIFIC FINANCING 6/10/2043 0.03%MORGAN STANLEY 7/28/2021 0.03%ALLIANCE RESOURCE PARTNERS 0.03%CALPINE CORP 1/15/2025 0.03%REYNOLDS AMERICAN INC 0.03%BABCOCK & WILCOX CO/THE 0.03%WAVEDIVISION ESC 9/01/2020 0.03%DELTA ELECTRONICS THAI-NVDR 0.03%TARO PHARMACEUTICAL INDUS 0.03%DOVER CORP 0.03%Security% of PortfolioHONG KONG DOLLAR 0.03%DISH DBS CORP 3/15/2023 0.03%GAZPROM OAO-SPON ADR 0.03%MOSAIC CO 11/15/2021 0.03%CCO HOLDINGS LLC 9/30/2022 0.03%COLRUYT SA 0.03%ENTEGRIS INC 4/01/2022 0.03%NOVATEK MICROELECTRONICS CO 0.03%BBVA BANCO CONT 4/08/2018 0.03%JAPANESE YEN 0.03%AMER EXPR CENTUR 9/13/2017 0.03%GOLDEN NUGGET ES 12/01/2021 0.03%BAY AREA CA TOLL AUTH TOLL 4/01/2049 0.03%SONY FINANCIAL HOLDINGS INC 0.03%TELIASONERA AB 0.03%CHINA SHENHUA ENERGY CO-H 0.03%SOUTHERN CAL ED 3/15/2040 0.03%KANSAS CITY SOUT 5/15/2023 0.03%ALTRIA GROUP INC 5/05/2021 0.03%UNION PAC CORP 6/15/2044 0.03%PEPSICO INC 0.03%COGECO CABLE 5/01/2020 0.03%PROASSURANCE CORP 0.03%MEG ENERGY CORP 3/31/2024 0.03%TELECOM ITALIA 5/30/2024 0.03%MIRANT AMERICAS 10/01/2021 0.03%CATCHER TECHNOLOGY CO LTD 0.03%ALLIANCE ONE INT 7/15/2021 0.03%TRUWORTHS INTERNATIONAL LTD 0.03%HARRIS CORP 0.03%IMI PLC 0.03%CIT GROUP INC 8/15/2022 0.03%TERRA NITROGEN COMPANY LP 0.03%LIFE HEALTHCARE GROUP HOLDI 0.03%ALLIANZ SE-REG 0.03%AVIV HEALTHCARE 2/15/2019 0.03%SIMPLO TECHNOLOGY CO LTD 0.03%STAPLES INC 0.03%TAIWAN DOLLAR 0.03%AGRIUM INC 0.03%PUBLIC SERV COLO 8/15/2041 0.03%ORICA LTD 0.03%EKSPORTFINANS 9/15/2015 0.03%SUNDRUG CO LTD 0.03%KIMBERLY-CLARK DE MEXICO-A 0.03%FLY LEASING LTD 12/15/2020 0.03%BOSTON SCIENTIFC 10/01/2018 0.03%FERMACA ENTERPR 3/30/2038 0.03%NORTEK INC 4/15/2021 0.03%SPRINT NEXTEL 11/15/2022 0.03%TRACTEBEL ENERGIA SA 0.03%RMAC PLC 6/12/2036 0.03%NETEASE INC-ADR 0.03%SPRINT CORP 9/15/2021 0.03%AST Portfolio Holdings515 of 635

AST Schroders Multi-Asset World Strategies Portfolio (continued)Security% of PortfolioBANK OF AMERICA 6/15/2017 0.03%MISSISSIPPI ST 11/01/2034 0.03%DIASORIN SPA 0.03%TATNEFT-SPONSORED REGS GDR 0.03%HUABAO INTERNATIONAL HOLDIN 0.03%WINDSTREAM HOLDINGS INC 0.03%VARIAN MEDICAL SYSTEMS INC 0.03%ABBEY NATL TREAS 8/23/2018 0.03%VALMONT INDUSTRIES 0.03%FIRST DATA CORP 1/15/2022 0.03%BEAZLEY PLC 0.03%HEALTH CARE REIT 4/01/2019 0.03%RMAC SECURITIES PLC 6/12/2044 0.03%DAIHATSU MOTOR CO LTD 0.03%JPMORGAN CHASE 2/01/2044 0.03%BBVA US SENIOR 10/09/2015 0.03%GREGGS PLC 0.03%CREDIT SUISSE 12/18/2049 0.03%UNITED BUSINESS 11/03/2020 0.03%ALTRIA GROUP INC 2/06/2039 0.03%DUPONT FABROS TE 9/15/2021 0.03%EVEREST RE GROUP LTD 0.03%NOBLE ENERGY INC 3/01/2041 0.03%ILLINOIS TOOL WORKS 0.03%PRICELINE GROUP INC/THE 0.03%WELLPOINT INC 5/15/2042 0.03%UNITED TECH CORP 6/01/2042 0.03%AES CORP 6/01/2019 0.03%FRANKLIN RESOURCES INC 0.03%ADVANCED INFO SERVICE-NVDR 0.03%SLM CORP 1/15/2019 0.03%BEV PCK HD LU/IN 12/15/2016 0.03%ANGLO AMERICAN PLC 0.03%VANGUARD INTERNATIONAL SEMI 0.03%ELEC DE FRANCE 1/26/2019 0.03%SKY NETWORK TELEVISION LTD 0.03%MIRACA HOLDINGS INC 0.03%ROCKWELL AUTOMATION INC 0.03%AMERICAN INTERNATIONAL GROU 0.03%SWEDBANK HYPOTEK 4/05/2017 0.03%TORO CO 0.03%WHARF HOLDINGS LTD 0.03%CATLIN GROUP LTD 0.03%DIGITAL REALT LP 3/15/2021 0.02%MERCK KGAA 0.02%GREAT-WEST LIFECO INC 0.02%CNP ASSURANCES 0.02%ROCKWELL COLLINS INC 0.02%EBAY INC 0.02%VIDEOTRON LTD 6/15/2024 0.02%E-MAC 11/25/2053 0.02%INEOS FINANCE PL 5/01/2020 0.02%KB FINANCIAL GROUP INC 0.02%TENET HEALTHCARE 3/01/2019 0.02%Security% of PortfolioARDAGH FINANCE 6/15/2019 0.02%VERIZON COMMUNICATIONS INC 0.02%CABLEVISION SYSTEMS-NY GRP- 0.02%CMS ENERGY 3/01/2044 0.02%BARCLAYS BK PLC 5/22/2019 0.02%STRYKER CORP 0.02%WEST JAPAN RAILWAY CO 0.02%NRG ENERGY INC 5/01/2024 0.02%DAVITA HEALTHCAR 7/15/2024 0.02%SELECT MEDICAL 6/01/2021 0.02%BRAZILIAN REAL 0.02%HESS CORP 0.02%XL GROUP LTD 10/01/2021 0.02%CAMDEN PROP TRST 6/15/2015 0.02%XEROX CORP 0.02%NUMERICABLE 5/15/2022 0.02%SMITHS GROUP PLC 0.02%FRONTIER COMMUNICATIONS COR 0.02%TORONTO-DOMINION BANK 0.02%SCHAEFFLER FIN 5/15/2021 0.02%SOCIETE GENERALE SA 0.02%KB HOME 5/15/2019 0.02%ARCH CAPITAL GROUP LTD 0.02%ENSCO PLC-CL A 0.02%YAHOO JAPAN CORP 0.02%BIOGEN IDEC INC 0.02%INFOR US INC 4/01/2019 0.02%CROWN CASTLE INTL CORP 4.87 4/15/2022 0.02%ANA HOLDINGS INC 0.02%BANK OF AMER CRP 1/21/2044 0.02%ENERGY TRANS 1/15/2024 0.02%BNP PARIBAS 3/03/2023 0.02%REUNERT LTD 0.02%REPUBLIC SERVICES INC 0.02%FORTUM OYJ 0.02%ASAHI KASEI CORP 0.02%NATIONAL BANK OF CANADA 0.02%LAMBDA FINANCE BV 2007-1 9/20/2031 0.02%POWER FINANCIAL CORP 0.02%UNITED OVERSEAS BANK LTD 0.02%NIELSEN FINANCE 4/15/2022 0.02%FISERV INC 0.02%BANK OF MONTREAL 0.02%FUJIFILM HOLDINGS CORP 0.02%VERBUND AG 0.02%RABOBANK NED NY 1/14/2019 0.02%SLM CORP 1/25/2023 0.02%ROYAL DUTCH SHELL PLC-B SHS 0.02%UNUM GROUP 0.02%BUNGE LTD 0.02%WASTE MANAGEMENT INC 0.02%CAN IMPERIAL BK OF COMMERCE 0.02%KUMBA IRON ORE LTD 0.02%BANK HAPOALIM BM 0.02%AST Portfolio Holdings516 of 635

AST Schroders Multi-Asset World Strategies Portfolio (continued)Security% of PortfolioGEN MOTORS FIN 5/15/2016 0.02%NATIONAL AUSTRALIA BANK LTD 0.02%COMFORTDELGRO CORP LTD 0.02%SWISS RE TREAS 12/06/2042 0.02%PROVIDE GEMS 2002-1 PLC 12/02/2048 0.02%DUKE ENERGY CORP 0.02%SUEDZUCKER AG 0.02%INFOR SOFTWARE 5/01/2021 0.02%MEN'S WEARHOUSE 7/01/2022 0.02%AMERIGAS FINANCE 5/20/2020 0.02%ROHM & HAAS CO 9/15/2017 0.02%SUMITOMO MITSUI FINANCIAL G 0.02%KRAFT FOODS GROUP INC 0.02%KROGER CO/THE 4/15/2042 0.02%ROWAN COS INC 1/15/2044 0.02%RWE AG 0.02%MACYS RETAIL HLD 1/15/2042 0.02%PERUSAHAAN GAS NEGARA PERSE 0.02%BLUELINE RENTAL 2/01/2019 0.02%JARDINE CYCLE & CARRIAGE LT 0.02%SABRA HLTH CARE 6/01/2023 0.02%DAIICHIKOSHO CO LTD 0.02%BALL CORP 0.02%FIDELITY NATIONAL INFORMATI 0.02%ARCHER-DANIELS-MIDLAND CO 0.02%SOCIETE GENERALE 1/27/2020 0.02%UNITED MEXICAN 1/11/2040 0.02%FUJI HEAVY INDUSTRIES LTD 0.02%BANK OF NOVA SCOTIA 0.02%K+S AG-REG 0.02%OVERSEA-CHINESE BANKING COR 0.02%SEMPER FINANCE LTD 2006-1 9/30/2084 0.02%RESMED INC 0.02%ZIMMER HOLDINGS INC 0.02%US BANCORP 0.02%WELLS FARGO & CO 0.02%FACTSET RESEARCH SYSTEMS IN 0.02%LIBERTY MUTUAL 5/01/2042 0.02%PETROLEO BRASIL-SP PREF AD 0.02%TRAVELERS COS INC/THE 0.02%SOUTHERN CO/THE 0.02%FUJITSU GENERAL LTD 0.02%INTERNATIONAL PAPER CO 0.02%NEOPOST SA 0.02%EDP-ENERGIAS DE PORTUGAL SA 0.02%KPN NV 3/28/2073 0.02%STANDARD CHART 1/11/2023 0.02%CRSTWD PART/FIN 3/01/2022 0.02%BCE INC 0.02%HENRY SCHEIN INC 0.02%VANDER INTERMED 2/01/2019 0.02%AMERICAN CAPITAL AGENCY COR 0.02%NOVARTIS AG-REG 0.02%POWSZECHNY ZAKLAD UBEZPIECZ 0.02%Security% of PortfolioEMBARQ CORP 6/01/2036 0.02%OMNICOM GROUP 0.02%ENDO FINANCE LLC 1/15/2022 0.02%LANDRY'S INC 5/01/2020 0.02%RKI EXP PROD/FIN 8/01/2021 0.02%ALTICE 5/15/2022 0.02%ZURICH INSURANCE GROUP AG 0.02%SWIRE PACIFIC LTD-A 0.02%NIPPON YUSEN 0.02%RMAC PLC 3/12/2036 0.02%TOTAL CAPITAL 3/15/2016 0.02%CROWN HOLDINGS INC 0.02%TELEVISION BROADCASTS LTD 0.02%CONAGRA FOODS INC 0.02%MMI HOLDINGS LTD 0.02%AIRCASTLE LTD 12/01/2019 0.02%TRANSOCEAN LTD 0.02%INTL PAPER CO 11/15/2039 0.02%BEACH ENERGY LTD 0.02%E.ON SE 0.02%TJX COMPANIES INC 0.02%JAGUAR HLD/MERGE 12/01/2019 0.02%GDF SUEZ 0.02%LEVI STRAUSS 5/01/2022 0.02%HCA INC 5/01/2023 0.02%ICAHN ENTER/FIN 8/01/2020 0.02%NISOURCE FIN CP 1/15/2019 0.02%BANK OF AMER CRP 6/01/2033 0.02%ACTIVISION BLIZZ 9/15/2021 0.02%CLOROX COMPANY 0.02%UNITED PARCEL SERVICE-CL B 0.02%PRAXAIR INC 0.02%SSE PLC 0.02%CSX CORP 5/01/2037 0.02%VERMILION ENERGY INC 0.02%HUTCHISON WHAMPOA LTD 0.02%H&E EQUIPMENT 9/01/2022 0.02%S FRWD GBP 9/25/2014 0.02%CATERPILLAR INC 0.02%SAPPI PAPIER HOL 4/15/2021 0.02%TURK TELEKOMUNIKASYON AS 0.02%ASSURANT INC 0.02%MURPHY OIL CORP 0.02%KT&G CORP 0.02%KODIAK OIL 1/15/2021 0.02%GUESS? INC 0.02%INTELSAT LUXEMB 6/01/2023 0.02%GOOGLE INC-CL A 0.02%TRIPADVISOR INC 0.02%SPRINT NEXTEL 3/01/2017 0.02%ONEOK PARTNERS 10/15/2037 0.02%ONEOK PARTNERS 3/01/2019 0.02%CAESARS ENT RES 10/01/2020 0.02%GANNETT CO 10/15/2019 0.02%AST Portfolio Holdings517 of 635

AST Schroders Multi-Asset World Strategies Portfolio (continued)Security% of PortfolioGRAY TELE INC 10/01/2020 0.02%KAKEN PHARMACEUTICAL CO LTD 0.02%JACK HENRY & ASSOCIATES INC 0.02%SWISSCOM AG-REG 0.02%ROYAL BK SCOTLND 6/10/2023 0.02%TENET HEALTHCARE 2/01/2020 0.02%CHS/COMMUNITY 2/01/2022 0.02%AMKOR TECH INC 6/01/2021 0.02%BRAZIL REP OF 1/07/2041 0.02%HUBBELL INC -CL B 0.02%GRANITE MASTER ISSUER PLC 12/20/2054 0.02%PENSKE AUTO GRP 10/01/2022 0.02%SAP SE 0.02%LIBERTY MUTUAL 6/01/2021 0.02%HOME DEPOT INC 4/01/2041 0.02%WOOLWORTHS HOLDINGS LTD 0.02%LENNAR CORP 11/15/2022 0.02%INMARSAT FINANCE 5/15/2022 0.02%MITSUBISHI UFJ FINANCIAL GR 0.02%METCASH LTD 0.02%MICRO FOCUS INTERNATIONAL 0.02%USS CO LTD 0.02%ACADEMY LTD 8/01/2019 0.02%J2 GLOBAL INC 0.02%VINCI SA 0.02%LEGGETT & PLATT INC 0.02%KELLOGG CO 0.02%AMBEV SA 0.02%SPRINT NEXTEL 8/15/2020 0.02%S CROS EUR 8/14/2014 0.02%GAP INC/THE 0.02%RICHTEK TECHNOLOGY CORP 0.02%NISOURCE FIN CP 2/15/2044 0.02%SPIRAX-SARCO ENGINEERING PL 0.02%RIO TINTO FINANC 7/15/2028 0.02%LKQ CORP 5/15/2023 0.02%ALEXANDRIA REAL 6/15/2023 0.02%NEXT PLC 0.02%ABERDEEN ASSET MGMT PLC 0.02%LIMITED BRANDS 4/01/2021 0.02%MUSTANG MERGER 8/15/2021 0.02%HARTFORD FINL 3/30/2040 0.02%BOSTON PROP LP 9/01/2023 0.02%AMER AXLE & MFG 10/15/2022 0.02%SABINE PASS LIQU 5/15/2024 0.02%ENTERPRISE PRODU 9/01/2040 0.02%UOL GROUP LTD 0.02%WEST CORP 7/15/2022 0.02%TAURUS CMBS PLC 5/21/2024 0.02%EUROSAIL PLC 3/13/2045 0.02%WORLEYPARSONS LTD 0.02%WHEELOCK & CO LTD 0.02%ROSS STORES INC 0.02%GRANITE MASTER ISSUER PLC 12/17/2054 0.02%Security% of PortfolioSTATE STREET COR 0.02%ARCELORMITTAL 10/15/2039 0.02%RITE AID CORP 8/15/2020 0.02%ATLAS PIPELINE 8/01/2023 0.02%LUKOIL OAO-SPON ADR 0.02%MILACRON/MCRON 2/15/2021 0.02%MIDAMERICAN ENER 4/01/2018 0.02%REYNOLDS GROUP 10/15/2020 0.02%DBS GROUP HOLDINGS LTD 0.02%BANK OF COMMUNICATIONS CO-H 0.02%FREEPORT-MC C&G 3/01/2022 0.02%VIK CRUISES LTD 10/15/2022 0.02%ULTRA ELECTRONICS HLDGS PLC 0.02%F5 NETWORKS INC 0.02%ATLAS COPCO AB-A SHS 0.02%BEC WORLD PUBLIC CO LTD-NVD 0.02%VIRGINIA EL&PWR 1/15/2043 0.02%TRIANGLE USA 7/15/2022 0.02%HALFORDS GROUP PLC 0.02%CHUBB CORP 0.02%LANCASTER COLONY CORP 0.02%PACIFIC LIFECORP 1/30/2043 0.02%FIRST DATA HLDGS 9/24/2019 0.02%NIPPON KONPO UNYU SOKO CO 0.02%QTS LP/FINANCE 8/01/2022 0.02%CEMIG SA -SPONS ADR 0.02%DAH SING FINANCIAL HOLDINGS 0.02%ALASKA AIR GROUP INC 0.02%INTL CONSOLIDATED AIRLINE-D 0.02%GIBSON ENERGY 7/15/2021 0.02%LLOYDS BANK PLC 11/27/2018 0.02%CVR ENERGY INC 0.02%VODAFONE GROUP 2/27/2017 0.02%COCA-COLA AMATIL LTD 0.02%PETROLEUM GEO-SERVICES 0.02%COMCAST CORP 3/01/2044 0.02%GEN ELECTRIC CO 10/09/2042 0.02%TELEFONICA BRASIL-ADR 0.02%CHRYSLER GP/CG C 6/15/2019 0.02%ISRAEL DISCOUNT BANK-A 0.02%AGUILA 3 SA 1/31/2018 0.02%HEXPOL AB 0.02%CALFRAC HLDGS 12/01/2020 0.02%WAVE HOLDCO LLC/ 7/15/2019 0.02%UNITYMEDIA 1/15/2023 0.02%WEATHERFORD BERM 3/15/2038 0.02%ACMP/ACMP FIN 4/15/2021 0.02%PENN VIRGINIA CO 5/01/2020 0.02%LANDSTAR SYSTEM INC 0.02%NITORI HOLDINGS CO LTD 0.02%SENIOR PLC 0.02%KOZA ALTIN ISLETMELERI AS 0.02%ALLIANCE DATA 8/01/2022 0.02%HANG SENG BANK LTD 0.02%AST Portfolio Holdings518 of 635

AST Schroders Multi-Asset World Strategies Portfolio (continued)Security% of PortfolioMONADELPHOUS GROUP LTD 0.02%TESCO PLC 0.02%COLUMBUS INTL 3/30/2021 0.02%NEWMARKET CORP 0.02%PREFERRED RESIDENTIAL SECUR 12/15/2042 0.02%VF CORP 0.02%CVS CAREMARK 6/01/2017 0.02%EXTERRAN PARTNER 4/01/2021 0.02%KOREAN WON 0.02%HORACE MANN EDUCATORS 0.02%HUGO BOSS AG -ORD 0.02%MONEY PARTNERS SECURITIES P 5/14/2039 0.02%WELCIA HOLDINGS CO LTD 0.02%INDO TAMBANGRAYA MEGAH TBK 0.02%SABRA HLTH CARE 2/01/2021 0.02%CHAPARRAL ENERGY 10/01/2020 0.02%JIANGSU EXPRESS CO LTD-H 0.02%MERITOR INC 2/15/2024 0.02%GREE INC 0.02%ROYAL BK SCOTLND 5/28/2024 0.02%REGENCY ENERGY P 10/01/2022 0.02%ORACLE CORP JAPAN 0.02%BOE MERGER CORP 11/01/2017 0.02%BANK OF CHINA LTD-H 0.02%ORIFLAME COSMETICS SA-SDR 0.02%NEIMAN MARCUS GR 10/15/2021 0.02%DALLAS TX AREA RAPID TRANSI 12/01/2041 0.02%CAESARS GROW PRO 5/01/2022 0.02%AUSTRALIAN DOLLAR 0.02%REALTEK SEMICONDUCTOR CORP 0.02%GAMESTOP CORP-CLASS A 0.02%AMERISTAR CASINO 4/15/2021 0.02%WISE HLDG/FIN CO 6/15/2019 0.02%ALLIED WORLD ASSURANCE CO 0.02%CCO HOLDINGS LLC 2/15/2023 0.02%CLEAR CHANNEL 12/15/2019 0.02%CAIRN ENERGY PLC 0.02%NATL WESTERN LIFE INS-CL A 0.02%CNA FINANCIAL CORP 0.02%SEI INVESTMENTS COMPANY 0.02%AERCAP IRELAND C 5/15/2021 0.02%ELISA OYJ 0.02%S FRWD CND 9/25/2014 0.02%HYSAN DEVELOPMENT CO 0.02%NEUSTAR INC-CLASS A 0.02%NAGOYA RAILROAD CO LTD 0.02%JPMORGAN CHASE 12/29/2049 0.02%CHINA PETROLEUM & CHEMICAL- 0.02%MIDSTATES PETRO 10/01/2020 0.01%MDC PARTNERS INC 4/01/2020 0.01%MONEYSUPERMARKET.COM 0.01%CATAMARAN CORP 0.01%DEUTSCHE LUFTHANSA-REG 0.01%ASHTEAD CAPITAL 7/15/2022 0.01%Security% of PortfolioGENENTECH INC 7/15/2015 0.01%BARCLAYS PLC 0.01%MEM PROD PART LP 5/01/2021 0.01%UNION PAC CORP 2/15/2024 0.01%REYNOLDS AMERICA 9/15/2043 0.01%KROGER CO/THE 8/01/2043 0.01%SINO BIOPHARMACEUTICAL 0.01%SWIRE PROPERTIES LTD 0.01%TURKISH LIRA 0.01%TOAGOSEI CO LTD 0.01%RTL GROUP 0.01%SOUZA CRUZ SA 0.01%SURGUTNEFTEGAZ-SP ADR 0.01%DEUTSCHE TEL FIN 3/06/2017 0.01%TAURON POLSKA ENERGIA SA 0.01%DIRECTV HLDGS/FN 3/15/2015 0.01%ENVISION HEALTH 7/01/2022 0.01%GRANITE MASTER ISSUER PLC 12/20/2054 0.01%UNIBET GROUP PLC-SDR 0.01%PINNACLE ENTERTA 8/01/2021 0.01%WIND ACQ 4/23/2021 0.01%WR BERKLEY CORP 0.01%LIFEPOINT HOSPIT 12/01/2021 0.01%HANKOOK TIRE CO LTD 0.01%SUNCOR INC 6/01/2018 0.01%SABLE INTL FIN 2/01/2020 0.01%CARDNO LTD 0.01%NU SKIN ENTERPRISES INC - A 0.01%SEMBCORP INDUSTRIES LTD 0.01%CONAGRA INC 1/25/2018 0.01%SOUTH AFRICAN RAN 0.01%MSC INDUSTRIAL DIRECT CO-A 0.01%ATKINS (WS) PLC 0.01%CLP HOLDINGS LTD 0.01%QUALITY SYSTEMS INC 0.01%HYUNDAI MOBIS CO LTD 0.01%CAN NATURAL RES 5/15/2017 0.01%NEW WORLD DEVELOPMENT 0.01%SABINE PASS LIQU 2/01/2021 0.01%JAPAN PETROLEUM EXPLORATION 0.01%RIO TINTO FINANC 5/01/2019 0.01%KINDER MORGAN 11/15/2023 0.01%SINO LAND CO 0.01%CYRUSONE LP/CYRU 11/15/2022 0.01%QUICKSILVER RES 4/01/2016 0.01%AES CORP 5/15/2023 0.01%TRANSCONTINENTAL INC-CL A 0.01%DIGICEL LIMITED 4/15/2021 0.01%BUCKLE INC/THE 0.01%DANA HOLDING 9/15/2021 0.01%ASTM SPA 0.01%CANADIAN DOLLAR 0.01%SANDRIDGE ENERGY 10/15/2022 0.01%BERTRANDT AG 0.01%AST Portfolio Holdings519 of 635

AST Schroders Multi-Asset World Strategies Portfolio (continued)Security% of PortfolioNHK SPRING CO LTD 0.01%BREITBURN ENERGY 4/15/2022 0.01%DIGICEL LIMITED 9/01/2017 0.01%CATO CORP-CLASS A 0.01%CITIGROUP INC 5/15/2043 0.01%DENA CO LTD 0.01%LAMAR MEDIA CORP 5/01/2023 0.01%PHISON ELECTRONICS CORP 0.01%TURKCELL ILETISIM HIZMET AS 0.01%KINDEN CORP 0.01%TURK TRAKTOR VE ZIRAAT MAKI 0.01%INDONESIAN RUPIAH 0.01%VTECH HOLDINGS LTD 0.01%COLOPLAST-B 0.01%PLAYTECH PLC 0.01%CHINA BLUECHEMICAL LTD - H 0.01%DYNAM JAPAN HOLDINGS CO LTD 0.01%AEGON NV 0.01%CIA PARANAENSE ENER-SP ADR 0.01%HALCON RESOURCES 5/15/2021 0.01%CHIBA BANK LTD/THE 0.01%FERRELLGAS LP 1/15/2022 0.01%PROSIEBEN SAT.1 MEDIA AG-RE 0.01%FIRST DATA CORP 6/15/2021 0.01%WW GRAINGER INC 0.01%STEEL DYNAMICS 4/15/2023 0.01%CHICONY ELECTRONICS CO LTD 0.01%NOVOZYMES A/S-B SHARES 0.01%CIA DE MINAS BUENAVENTUR-AD 0.01%ROSNEFT OJSC-REG S GDR 0.01%AES TIETE SA-PREF 0.01%AMER AXLE & MFG 3/15/2021 0.01%SUBURBAN PROPANE 6/01/2024 0.01%HUMANA INC 6/15/2018 0.01%KAKAKU.COM INC 0.01%SUNEVISION HOLDINGS 0.01%SUNCOR ENERGY INC 0.01%VTR FIN BV 1/15/2024 0.01%GEELY AUTOMOBILE HOLDINGS L 0.01%AHERN RENTALS 6/15/2018 0.01%KOREA ZINC CO LTD 0.01%SWISS FRANC 0.01%OZ MINERALS LTD 0.01%AUTOZONE INC 0.01%ABC-MART INC 0.01%EV ENERGY PT/FIN 4/15/2019 0.01%EOG RESOURCES INC 0.01%REYNOLDS AMERICA 6/15/2037 0.01%NRG ENERGY INC 9/01/2020 0.01%TEIKOKU SEN-I CO LTD 0.01%JONES ENERGY HLD 4/01/2022 0.01%ISRAELI SHEKEL 0.01%ENDURANCE SPECIALTY HOLDING 0.01%RALPH LAUREN CORP 0.01%Security% of PortfolioMOL HUNGARIAN OIL AND GAS P 0.01%DOLBY LABORATORIES INC-CL A 0.01%AMANO CORP 0.01%DR CI:LABO CO LTD 0.01%ROSETTA RESOURCE 6/01/2024 0.01%SAN-IN GODO BANK LTD/THE 0.01%ALLY FINANCIAL 7/18/2016 0.01%CHS/COMMUNITY 8/01/2021 0.01%DISH DBS CORP 4/01/2018 0.01%MARFRIG HLDG EUR 6/24/2019 0.01%HCC INSURANCE HOLDINGS INC 0.01%MILLICOM INTL CELLULAR-SDR 0.01%INTERSERVE PLC 0.01%NORWEGIAN KRONE 0.01%TUPPERWARE BRANDS CORP 0.01%KAGOSHIMA BANK LTD/THE 0.01%CSX CORP 0.01%ADT CORP/THE 0.01%ROTORK PLC 0.01%RIO TINTO LTD 0.01%GRAND KOREA LEISURE CO LTD 0.01%AGEAS 0.01%PANDORA A/S 0.01%POLSKIE GORNICTWO NAFTOWE I 0.01%ENDO FINANCE 1/15/2022 0.01%GEBERIT AG-REG 0.01%SJM HOLDINGS LTD 0.01%KINDRED HEALTHCA 4/15/2022 0.01%CASH AMERICA INTL INC 0.01%MCGRAW HILL FINANCIAL INC 0.01%NEXSTAR BROADC 11/15/2020 0.01%AVI LTD 0.01%SCHWEITZER-MAUDUIT INTL INC 0.01%POLARIS INDUSTRIES INC 0.01%CENTERRA GOLD INC 0.01%UNIVISION COMM 11/01/2020 0.01%MONSANTO CO 0.01%HALMA PLC 0.01%SEVENTY SEVEN 7/15/2022 0.01%BALOISE HOLDING AG - REG 0.01%GENUINE PARTS CO 0.01%HCA INC 3/15/2024 0.01%INDUSTRIVARDEN AB-C SHS 0.01%PARAGON OFFSHORE 7/15/2022 0.01%CRACKER BARREL OLD COUNTRY 0.01%PROGRESSIVE CORP 0.01%BEAZER HOMES USA 6/15/2019 0.01%TECHNE CORP 0.01%WYNN MACAU LTD 0.01%THAI TAP WATER SUPPLY-NVDR 0.01%NAGACORP LTD 0.01%CTC MEDIA INC 0.01%ITOCHU CORP 0.01%GOOGLE INC-CL C 0.01%AST Portfolio Holdings520 of 635

AST Schroders Multi-Asset World Strategies Portfolio (continued)Security% of PortfolioMERIDIAN BIOSCIENCE INC 0.01%USANA HEALTH SCIENCES INC 0.01%GENERAL MOTORS 10/02/2018 0.01%PITNEY BOWES INC 0.01%FORWARD AIR CORPORATION 0.01%SOLARWINDS INC 0.01%BURBERRY GROUP PLC 0.01%BOOZ ALLEN HAMILTON HOLDING 0.01%DEERE & CO 0.01%SYNTEL INC 0.01%BARCO N.V. 0.01%LANCASHIRE HOLDINGS LTD 0.01%SWATCH GROUP AG/THE-REG 0.01%YANDEX NV-A 0.01%CHESAPEAKE ENRGY 4/15/2019 0.01%LAREDO PETROLEUM 1/15/2022 0.01%MEM PROD PART LP 8/01/2022 0.01%XL GROUP PLC 9/15/2014 0.01%IAMGOLD CORP 0.01%CONSTELLATION SOFTWARE INC 0.01%MODULAR SPACE 1/31/2019 0.01%HIGO BANK LTD/THE 0.01%STADA ARZNEIMITTEL AG 0.01%CBOE HOLDINGS INC 0.01%MONTPELIER RE HOLDINGS LTD 0.01%OMNICOM GROUP 4/15/2016 0.01%AXIS COMMUNICATIONS AB 0.01%PORTFOLIO RECOVERY ASSOCIAT 0.01%COMMERZBANK AG 0.01%CRIM MERG SUB IN 5/15/2022 0.01%MGM MIRAGE 4/01/2016 0.01%DIGICEL LIMITED 2/15/2020 0.01%PACE PLC 0.01%JAGUAR LAND ROVR 2/01/2023 0.01%NISSIN KOGYO CO LTD 0.01%ANTOFAGASTA PLC 0.01%LIBERTY HOLDINGS LTD 0.01%TALANX AG 0.01%SINGAPORE EXCHANGE LTD 0.01%OSHKOSH CORP 0.01%VICTREX PLC 0.01%CIT GROUP INC 8/01/2023 0.01%INTELSAT JACKSON 12/15/2022 0.01%CAT OIL AG 0.01%MYER HOLDINGS LTD 0.01%RENT-A-CENTER 5/01/2021 0.01%H&R BLOCK INC 0.01%GRAN TIERRA ENERGY INC 0.01%SUMITOMO METAL MINING CO LT 0.01%BANK LEUMI LE-ISRAEL 0.01%QUIKSILVER / QS 8/01/2018 0.01%SCENTRE GROUP 0.01%WADDELL & REED FINANCIAL-A 0.01%JIANGXI COPPER CO LTD-H 0.01%Security% of PortfolioDAI NIPPON PRINTING CO LTD 0.01%TRANSOCEAN LTD 0.01%SEKISUI JUSHI CORP 0.01%JAGUAR LAND ROVR 12/15/2018 0.01%FARADAY TECHNOLOGY CORP 0.01%TOPPAN PRINTING CO LTD 0.01%TEREX CORP 5/15/2021 0.01%ARCELORMITTAL 0.01%PACIFIC TEXTILES HOLDINGS 0.01%WORLD ACCEPTANCE CORP 0.01%SANLAM LTD 0.01%TOTAL GABON 0.01%YANGZIJIANG SHIPBUILDING 0.01%FOOT LOCKER INC 0.01%FUTUREFUEL CORP 0.01%MOCHIDA PHARMACEUTICAL CO 0.01%HANKYU HANSHIN HOLDINGS INC 0.01%NUMERICABLE 5/15/2024 0.01%ICAHN ENTER/FIN 3/15/2019 0.01%SPECTRIS PLC 0.01%SHENGUAN HOLDINGS GROUP LTD 0.01%NCR CORP 12/15/2021 0.01%WATERS CORP 0.01%LUK FOOK HOLDINGS INTL LTD 0.01%CAESARS ENT RES 10/01/2021 0.01%AIRCASTLE LTD 12/15/2018 0.01%AETNA INC 5/15/2042 0.01%CARDINAL HEALTH INC 0.01%SINGAPORE AIRLINES LTD 0.01%HINO MOTORS LTD 0.01%NOKIAN RENKAAT OYJ 0.01%PP LONDON SUMATRA INDONES P 0.01%GUNGHO ONLINE ENTERTAINMENT 0.01%FIDLTY & GURNTY 4/01/2021 0.01%TAIYO HOLDINGS CO LTD 0.01%DART GROUP PLC 0.01%ACMP/ACMP FIN 3/15/2024 0.01%RESIDENTIAL MORTGAGE SECURI 8/10/2038 0.01%GIGABYTE TECHNOLOGY CO LTD 0.01%TOKAI CORP (GIFU) 0.01%T-MOBILE USA INC 4/28/2022 0.01%GREAT EAGLE HOLDINGS LTD 0.01%TENET HEALTHCARE 4/01/2022 0.01%CORONATION FUND MANAGERS LT 0.01%HEINEKEN HOLDING NV 0.01%NIPPON ELECTRIC GLASS CO LT 0.01%ENERGY TRANSFER 10/15/2020 0.01%POLAND ZLOTY 0.01%EASTMAN CHEMICAL 9/01/2042 0.01%WEIR GROUP PLC/THE 0.01%HOLLYFRONTIER CORP 0.01%YELLOW MEDIA LTD 0.01%SIRTEX MEDICAL LTD 0.01%KURODA ELECTRIC CO LTD 0.01%AST Portfolio Holdings521 of 635

AST Schroders Multi-Asset World Strategies Portfolio (continued)Security% of PortfolioNET ENTERTAINMENT NE AB-B S 0.01%ENEA SA 0.01%RADIANT OPTO-ELECTRONICS CO 0.01%PADDY POWER PLC 0.01%SINCLAIR TELE 8/01/2024 0.01%NOF CORP 0.01%MGM RESORTS 3/15/2022 0.01%SOCIETE BIC SA 0.01%ADELAIDE BRIGHTON LTD 0.01%TELECOM IT CAP 7/18/2036 0.01%KERRY PROPERTIES LTD 0.01%CIRRUS LOGIC INC 0.01%PHILIP MORRIS CR AS 0.01%HOLTEK SEMICONDUCTOR INC 0.01%REYNOLDS AMERICA 11/01/2042 0.01%WAKITA & CO LTD 0.01%DORCHESTER MINERALS LP 0.01%ROYAL BK SCOTLND 12/19/2023 0.01%SEINO HOLDINGS CO LTD 0.01%SINCLAIR TELE 11/01/2021 0.01%NAMURA SHIPBUILDING CO LTD 0.01%EZ TEC EMPREENDIMENTOS E PA 0.01%GENWORTH FINANCIAL INC-CL A 0.01%A.F.P. HABITAT S.A. 0.01%NESTE OIL OYJ 0.01%TOYO SEIKAN GROUP HOLDINGS 0.01%MIDSTATES PETRO 6/01/2021 0.01%MMG LTD 0.01%MERITAGE HOMES 4/01/2022 0.01%LIFESTYLE INTL HLDGS LTD 0.01%KURA CORP 0.01%CORVEL CORP 0.01%KONGSBERG GRUPPEN ASA 0.01%TMS INTL CORP 10/15/2021 0.01%AMER AXLE & MFG 11/15/2019 0.01%CAPITAL SOUTHWEST CORP 0.01%CALPINE CORP 1/15/2022 0.01%PIOLAX INC 0.01%EMPEROR INTL HLDG LTD 0.01%WILLIAM HILL PLC 0.01%SIGMA-ALDRICH 0.01%SWEDISH KRONA 0.01%MALAYSIA RINGGIT 0.01%CIA SANEAMENTO BASICO DE-AD 0.01%DOLLAR TREE INC 0.01%HALLA VISTEON CLIMATE CONTR 0.01%KAZAKHMYS PLC 0.01%FORMOSAN RUBBER GROUP INC 0.01%SIGNODE INDUS GR 5/01/2022 0.01%HD SUPPLY INC 7/15/2020 0.01%AVIV HEALTHCARE 10/15/2021 0.01%ENTERPRISE PRODU 3/15/2023 0.01%AMERICAN CAPITAL LTD 0.01%DIRECTV HLDGS/FN 3/15/2042 0.01%Security% of PortfolioPARAGON OFFSHORE 8/15/2024 0.01%ORIENTAL LAND CO LTD 0.01%CHINA LUMENA NEW MATERIALS 0.01%GIORDANO INTERNATIONAL LTD 0.01%APOLLO EDUCATION GROUP INC 0.01%CERIDIAN/COMDATA 11/15/2017 0.01%AISIN SEIKI CO LTD 0.01%MCKESSON CORP 2/15/2019 0.01%PETRONAS CHEMICALS GROUP BH 0.01%BP PRUDHOE BAY ROYALTY TRUS 0.01%SONIX TECHNOLOGY CO LTD 0.01%CABCHARGE AUSTRALIA LTD 0.01%ANALOG DEVICES INC 0.01%CHEUNG KONG HOLDINGS LTD 0.01%NCR CORP 12/15/2023 0.01%ITE GROUP PLC 0.01%ITURAN LOCATION AND CONTROL 0.01%NIPPON SYNTHETIC CHEMICAL 0.01%PETROLEOS MEXICA 6/15/2035 0.01%SHINKO ELECTRIC INDUSTRIES 0.01%FUJIMORI KOGYO CO LTD 0.01%WILEY (JOHN) & SONS-CLASS A 0.01%KATO SANGYO CO LTD 0.01%HACHIJUNI BANK LTD/THE 0.01%SINO-OCEAN LAND HOLDINGS 0.01%LINK REIT 0.01%FIRST DATA CORP 8/15/2021 0.01%YOROZU CORP 0.01%OASIS PETROLEUM 3/15/2022 0.01%JAPAN DIGITAL LABORATORY CO 0.01%ADARO ENERGY TBK PT 0.01%UNIVERSAL INSURANCE HOLDING 0.01%GREAT WALL MOTOR COMPANY-H 0.01%GROUPE BRUXELLES LAMBERT SA 0.01%DAIWA INDUSTRIES LTD 0.01%SPIRIT AIRLINES INC 0.01%KEIYO BANK LTD/THE 0.01%EILEME 2 AB 1/31/2020 0.01%IG GROUP HOLDINGS PLC 0.01%S CROS EUR 9/25/2014 0.01%TAKE-TWO INTERACTIVE SOFTWR 0.01%COMMSCOPE INC 6/15/2021 0.01%JAPAN AIRLINES CO LTD 0.01%ADVANCED MICRO 7/01/2024 0.01%SOHO CHINA LTD 0.01%PADINI HOLDINGS BERHAD 0.01%AI HOLDINGS CORP 0.01%GREATEK ELECTRONICS INC 0.01%SAINT MARC HOLDINGS CO LTD 0.01%MBIA INC 0.01%ASSECO POLAND SA 0.01%WILSON BAYLY HOLMES-OVCON 0.01%CLAIRE'S STORES 6/01/2020 0.01%REGENCY ENERGY 3/01/2022 0.01%AST Portfolio Holdings522 of 635

AST Schroders Multi-Asset World Strategies Portfolio (continued)Security% of PortfolioGENERAL DYNAMICS CORP 0.01%CEDAR FAIR LP/CA 6/01/2024 0.01%REED ELSEVIER NV 0.01%KANEMATSU CORP 0.01%ZIONS BANCORP 6/15/2023 0.01%DAIWA SECURITIES GROUP INC 0.01%MACA LTD 0.01%FIRSTRAND LTD 0.01%BOIRON SA 0.01%AOYAMA TRADING CO LTD 0.01%IDEMITSU KOSAN CO LTD 0.01%SCHAEFFLER FIN 5/15/2021 0.01%COLLECTION HOUSE LTD 0.01%FERREXPO PLC 0.01%HONG FOK CORP LTD 0.01%MEREDITH CORP 0.01%AYGAZ AS 0.01%RCR TOMLINSON LTD 0.01%ATHLON HLDS LP / 5/01/2022 0.01%WOLTERS KLUWER 0.01%DIPLOMA PLC 0.01%TOPPAN FORMS CO LTD 0.01%DAELIM INDUSTRIAL CO LTD 0.01%THAILAND BAHT 0.01%EXACT HOLDING NV 0.01%ENDEAVOR ENERGY 8/15/2021 0.01%OSEM INVESTMENTS LTD 0.01%UNITED TECHNOLOGIES CORP 0.01%YODOGAWA STEEL WORKS LTD 0.01%BANK OF EAST ASIA 0.01%NIHON PARKERIZING CO LTD 0.01%MARINA DISTRICT 8/15/2018 0.01%SUMITOMO BAKELITE CO LTD 0.01%DUNELM GROUP PLC 0.01%GERDAU SA -SPON ADR < 0.01%GRACO INC < 0.01%SINGAPORE DOLLAR < 0.01%CIELO SA < 0.01%AIN PHARMACIEZ INC < 0.01%MEDIATEK INC < 0.01%SHIN-ETSU POLYMER CO LTD < 0.01%VMWARE INC-CLASS A < 0.01%UNITED TRACTORS TBK PT < 0.01%AIR NEW ZEALAND LTD < 0.01%SEJONG INDUSTRIAL CO LTD < 0.01%UNIVERSAL ENTERTAINMENT COR < 0.01%MOSAIC CO 11/15/2041 < 0.01%TRANSCEND INFORMATION INC < 0.01%SHIMACHU CO LTD < 0.01%MAIL.RU GROUP-GDR REGS < 0.01%KULICKE & SOFFA INDUSTRIES < 0.01%UNITED RENTAL NA 9/15/2020 < 0.01%PHILLIPS 66 < 0.01%DECMIL GROUP LTD < 0.01%Security% of PortfolioPLATINUM ASSET MANAGEMENT < 0.01%JAG HOLD CO I 10/15/2017 < 0.01%SUMITOMO DENSETSU CO LTD < 0.01%SINKO INDUSTRIES LTD < 0.01%TRAVELSKY TECHNOLOGY LTD-H < 0.01%ACMP/ACMP FIN 7/15/2022 < 0.01%DIGICEL GROUP 4/01/2022 < 0.01%AUTONEUM HOLDING AG < 0.01%AARON'S INC < 0.01%SCE TRUST III < 0.01%FRED OLSEN ENERGY ASA < 0.01%PIONEER ENERGY S 3/15/2022 < 0.01%CREATE SD HOLDINGS CO < 0.01%CENTRAL GLASS CO LTD < 0.01%SOGO MEDICAL CO LTD < 0.01%FIELDS CORP < 0.01%LIVE NATION ENT 6/15/2022 < 0.01%CHONGQING RURAL COMMERCIAL- < 0.01%IMASEN ELECTRIC INDUSTRIAL < 0.01%STRAYER EDUCATION INC < 0.01%HIGHLAND GOLD MINING LTD < 0.01%MR PRICE GROUP LTD < 0.01%CHINYANG HOLDINGS CORP < 0.01%AES CORP 3/15/2024 < 0.01%TAIWAN SURFACE MOUNTING TEC < 0.01%INTERDIGITAL INC < 0.01%GUNMA BANK LTD/THE < 0.01%GULFMARK OFFSHOR 3/15/2022 < 0.01%CHUGOKU MARINE PAINTS LTD < 0.01%JB HI-FI LTD < 0.01%ALPEN CO LTD < 0.01%RESOLUTE MINING LTD < 0.01%GANNETT CO 7/15/2020 < 0.01%OITA BANK LTD/THE < 0.01%TAIWAN-SOGO SHINKONG SECS C < 0.01%CHINA LILANG LTD < 0.01%NATURES SUNSHINE PRODS INC < 0.01%TRIPLE-S MANAGEMENT CORP-B < 0.01%KANDENKO CO LTD < 0.01%XINHUA WINSHARE PUBLISHING < 0.01%TIBET 5100 WATER RESOURCES < 0.01%CHENBRO MICOM CO LTD < 0.01%TRANSMISSORA ALIANCA DE-UNI < 0.01%HYUNDAI HOME SHOPPING NETWO < 0.01%FOSTER ELECTRIC CO LTD < 0.01%SONAECOM SGPS SA < 0.01%SANRIO CO LTD < 0.01%SURYA SEMESTA INTERNUSA PT < 0.01%NETUREN CO LTD < 0.01%SCHAEFFLER FIN 5/15/2021 < 0.01%TOKYO OHKA KOGYO CO LTD < 0.01%TACHI-S CO LTD < 0.01%DONGSUH COMPANIES INC < 0.01%LEWIS GROUP LTD < 0.01%AST Portfolio Holdings523 of 635

AST Schroders Multi-Asset World Strategies Portfolio (continued)Security% of PortfolioCHINA TRAVEL INTL INV HK < 0.01%CSI PROPERTIES LTD < 0.01%SLM CORP 6/17/2019 < 0.01%SHOWA CORP < 0.01%TENET HEALTHCARE 10/01/2020 < 0.01%TEST RESEARCH INC < 0.01%UMS HOLDINGS LTD < 0.01%CHIPBOND TECHNOLOGY CORP < 0.01%EMPEROR ENTERTAINMENT HOTEL < 0.01%BAOYE GROUP CO LTD -H < 0.01%PEAK SPORT PRODUCTS LTD < 0.01%BRADKEN LTD < 0.01%NIPPON PILLAR PACKING CO LT < 0.01%HOLIDAY ENTERTAINMENT CO LT < 0.01%DEUTSCHE BANK AG-REGISTERED < 0.01%CZECH KORUNA < 0.01%YOUNGONE HOLDINGS CO LTD < 0.01%RIKEN CORP < 0.01%TIKKURILA OYJ < 0.01%INEOS GROUP HOLD 8/15/2018 < 0.01%CHAMPION REIT < 0.01%CHORI CO LTD < 0.01%MITSUI MATSUSHIMA CO LTD < 0.01%PHOENIX SATELLITE TELEVISIO < 0.01%HARD OFF CORPORATION CO LTD < 0.01%ASAHI HOLDINGS INC < 0.01%NORTH PACIFIC BANK LTD < 0.01%VALERO ENERGY CORP < 0.01%AISAN INDUSTRY CO LTD < 0.01%TAIHEI DENGYO KAISHA LTD < 0.01%SAKATA INX CORP < 0.01%TAIWAN CEMENT < 0.01%VERA BRADLEY INC < 0.01%HI-LEX CORP < 0.01%MINISTOP CO LTD < 0.01%MAEDA ROAD CONSTRUCTION CO < 0.01%EXPRESS INC < 0.01%THORN GROUP LTD < 0.01%ENERSIS S.A. -SPONS ADR < 0.01%GLOBAL MIXED-MODE TECHNOLOG < 0.01%PREFERRED RESIDENTIAL SECUR 12/15/2042 < 0.01%SANKYO CO LTD < 0.01%DANISH KRONE < 0.01%SIRTEC INTERNATIONAL CO LTD < 0.01%KINKI SHARYO CO LTD < 0.01%PORTS DESIGN LTD < 0.01%INVERSIONES AGUAS METROPOL < 0.01%TOKAI RIKA CO LTD < 0.01%CHANGYOU.COM LTD-ADR < 0.01%BOUSTEAD SINGAPORE LTD < 0.01%TONG HSING ELECTRONIC INDUS < 0.01%FUYO GENERAL LEASE CO LTD < 0.01%REAL NUTRICEUTICAL GROUP LT < 0.01%INABATA & CO LTD < 0.01%Security% of PortfolioGLOBALTRANS-GDR < 0.01%RESIDENTIAL MORTGAGE SECURI 11/14/2039 < 0.01%CORONA CORP < 0.01%ALPINE ELECTRONICS INC < 0.01%MEGACHIPS CORP < 0.01%NITTETSU MINING CO LTD < 0.01%FUKUDA DENSHI CO LTD < 0.01%ASIAN CITRUS HOLDINGS LTD < 0.01%361 DEGREES INTERNATIONAL < 0.01%INTOPS CO LTD < 0.01%AUSDRILL LTD < 0.01%SINOMEDIA HOLDING LTD < 0.01%HALCON RESOURCES 7/15/2020 < 0.01%SIGURD MICROELECTRONICS COR < 0.01%KYORIN HOLDINGS INC < 0.01%CHINA SANJIANG FINE CHEMICA < 0.01%PARKER DRILLING 7/15/2022 < 0.01%METALURGICA GERDAU SA-PREF < 0.01%NEOWIZ HOLDINGS CORP < 0.01%RMAC PLC 6/12/2035 < 0.01%NRW HOLDINGS LTD < 0.01%T RAD CO LTD < 0.01%RENEWABLE ENERGY GROUP INC < 0.01%JM AB < 0.01%SANYO HOUSING NAGOYA CO LTD < 0.01%KYUNG NONG CORP < 0.01%DAECHANG FORGING CO LTD < 0.01%TOCALO CO LTD < 0.01%WOTIF.COM HOLDINGS LTD < 0.01%77 BANK LTD/THE < 0.01%FEDERAL HYDROGENERATING-ADR < 0.01%DUSKIN CO LTD < 0.01%BON-TON DEPT STR 6/15/2021 < 0.01%LUMAX INTERNATIONAL CORP LT < 0.01%NEW ZEALAND DOLLA < 0.01%BOARDTEK ELECTRONICS CORP < 0.01%HI-CLEARANCE INC < 0.01%ENERCHINA HOLDINGS LTD < 0.01%MCOT PCL-NVDR < 0.01%MEXICAN PESO < 0.01%TAIKO PHARMACEUTICAL CO LTD < 0.01%UNITED INTEGRATED SERVICES < 0.01%ADAMS RESOURCES & ENERGY IN < 0.01%TAE KYUNG INDUSTRIAL CO LTD < 0.01%CVILUX CORP < 0.01%PACIFIC ONLINE < 0.01%GLOBAL & YUASA BATTERY CO < 0.01%EIGHTEENTH BANK LTD/THE < 0.01%SHOUGANG FUSHAN RESOURCES G < 0.01%OGAKI KYORITSU BANK LTD/THE < 0.01%PROGRAMMED MAINTENANCE SERV < 0.01%PAL CO LTD < 0.01%KOHNAN SHOJI CO LTD < 0.01%KAMEI CORP < 0.01%AST Portfolio Holdings524 of 635

AST Schroders Multi-Asset World Strategies Portfolio (continued)Security% of PortfolioS&T DYNAMICS CO LTD < 0.01%KOZA ANADOLU METAL MADENCIL < 0.01%AV TECH CORP < 0.01%NITTO KOGYO CORP < 0.01%TOWA BANK LTD/THE < 0.01%SHIROKI CORP < 0.01%POLYTRONICS TECHNOLOGY CORP < 0.01%ESPEC CORP < 0.01%ST. IVES PLC < 0.01%CIA HERING < 0.01%PETMED EXPRESS INC < 0.01%GREAT EASTERN HOLDINGS LTD < 0.01%CAWACHI LTD < 0.01%LTC PROPERTIES INC < 0.01%BIJOU BRIGITTE MODI ACCESS < 0.01%ELECOM CO LTD < 0.01%RMB HOLDINGS LTD < 0.01%AFRICAN RAINBOW MINERALS LT < 0.01%RAUBEX GROUP LTD < 0.01%SAN-AI OIL CO LTD < 0.01%DONGYANG E&P INC < 0.01%NIPPON PISTON RING CO LTD < 0.01%METKA SA < 0.01%NISSHIN FUDOSAN CO LTD < 0.01%WAREHOUSE GROUP LIMITED/THE < 0.01%SUN KWANG CO LTD < 0.01%JKX OIL & GAS PLC < 0.01%CHINA TONTINE WINES GP HKD < 0.01%CHILEAN PESO < 0.01%INFOCOM CORP < 0.01%ETERNIT SA < 0.01%CHONGKUNDANG HOLDINGS CORP < 0.01%SHENZHEN INVESTMENT LTD < 0.01%TAIWAN SECOM < 0.01%BML INC < 0.01%FUKUSHIMA INDUSTRIES CORP < 0.01%HKR INTERNATIONAL LTD < 0.01%YELLOW HAT LTD < 0.01%SALMAR ASA < 0.01%XTEP INTERNATIONAL HOLDINGS < 0.01%NAC CO LTD < 0.01%EULER HERMES GROUP < 0.01%ECZACIBASI YATIRIM HOLDING < 0.01%KOSAIDO CO LTD < 0.01%VONTOBEL HOLDING AG-REG < 0.01%LAI SUN DEVELOPMENT < 0.01%TAILIM PACKAGING IND CO LTD < 0.01%TOYO KOHAN CO LTD < 0.01%ARB CORPORATION LTD < 0.01%GENDAI AGENCY INC < 0.01%ALCOR MICRO CORP < 0.01%KOEI TECMO HOLDINGS CO LTD < 0.01%FLEETWOOD CORPORATION LTD < 0.01%SKYMARK AIRLINES INC < 0.01%Security% of PortfolioSINOLINK WORLDWIDE HOLDINGS < 0.01%DOMINO PRINTING SCIENCES PL < 0.01%GRAPE KING BIO LTD < 0.01%SEMAPA-SOCIEDADE DE INVESTI < 0.01%NOLATO AB-B SHS < 0.01%SHIGA BANK LTD/THE < 0.01%HUNGARIAN FORINT < 0.01%PHILIPPINES PESO < 0.01%MONEY PARTNERS SECURITIES P 5/14/2039 < 0.01%MEIKO NETWORK JAPAN CO LTD < 0.01%MITSUBISHI STEEL MFG CO LTD < 0.01%COASTAL GREENLAND LTD < 0.01%CHINA TAIFENG BEDDINGS HOLD < 0.01%STUDIO ALICE CO LTD < 0.01%TAKA-Q LTD < 0.01%KANEMATSU ELECTRONICS LTD < 0.01%GEO HOLDINGS CORP < 0.01%LAI SUN GARMENT (INTL) < 0.01%C C LAND HOLDINGS LTD < 0.01%BANK OF THE RYUKYUS LTD < 0.01%SNT CORP < 0.01%AICHI BANK LTD/THE < 0.01%HARMONY GOLD MNG-SPON ADR < 0.01%TAIWAN CHINSAN ELECTRONIC < 0.01%HONG LEONG FINANCE LTD < 0.01%DAI-ICHI SEIKO CO LTD < 0.01%IPEK DOGAL ENERJI KAYNAKLAR < 0.01%CHESNARA PLC < 0.01%FAIRWOOD HOLDINGS LTD < 0.01%CHINA OCEAN RESOURCES CO LT < 0.01%FJ NEXT CO LTD < 0.01%AMVIG HOLDINGS LTD < 0.01%EGE SERAMIK SANAYI VE TICAR < 0.01%NIFTY CORP < 0.01%DAN FORM HOLDINGS CO LTD < 0.01%YAMAZEN CORP < 0.01%DRAYTEK CORP < 0.01%EXPONENT INC < 0.01%TOPRE CORP < 0.01%WASION GROUP HOLDINGS LTD < 0.01%BRONCO BILLY CO LTD < 0.01%PARKSON RETAIL GROUP LTD < 0.01%MEDIA PRIMA BHD < 0.01%SILVER GRANT INTL LTD. < 0.01%WALTER MEIER AG - REG < 0.01%NAM TAI ELECTRONICS INC < 0.01%FENNER PLC < 0.01%ALPIQ HOLDING AG-REG < 0.01%TAE KYUNG CHEMICAL CO LTD < 0.01%WARABEYA NICHIYO CO LTD < 0.01%KIMOTO CO LTD < 0.01%ENERGY TRAN PTNR 6/01/2021 < 0.01%HONGKONG LAND HOLDINGS LTD < 0.01%TBK CO LTD < 0.01%AST Portfolio Holdings525 of 635

AST Schroders Multi-Asset World Strategies Portfolio (continued)Security% of PortfolioSITOY GROUP HOLDINGS LTD < 0.01%INVESTMENT AB ORESUND < 0.01%TRANCOM CO LTD < 0.01%INFICON HOLDING AG-REG < 0.01%EMPEROR WATCH & JEWELLERY < 0.01%MALTON BHD < 0.01%NITTOC CONSTRUCTION CO LTD < 0.01%HYAKUJUSHI BANK LTD/THE < 0.01%HYAKUGO BANK LTD/THE < 0.01%AEGEAN AIRLINES < 0.01%NOJIMA CORP < 0.01%BANCA POPOLARE DELL'ETRURIA < 0.01%ACHILLES CORP < 0.01%JUROKU BANK LTD/THE < 0.01%DOSHISHA CO LTD < 0.01%S FRWD EUR 9/25/2014 < 0.01%PETROPAVLOVSK PLC < 0.01%IS GAYRIMENKUL YATIRIM ORTA < 0.01%HYUNDAI HY COMMUNICATIONS & < 0.01%WEIQIAO TEXTILE CO LTD-H < 0.01%STARK TECHNOLOGY INC < 0.01%SUN HUNG KAI WTS EXP: 2016 < 0.01%SINTOKOGIO LTD < 0.01%SINMAG EQUIPMENT CORP < 0.01%DORAL FINANCIAL CORP < 0.01%TAIHO KOGYO CO < 0.01%CHINA PROPERTIES GROUP < 0.01%ST BARBARA LTD < 0.01%MOONBAT CO LTD < 0.01%DAISHI BANK LTD/THE < 0.01%ITT EDUCATIONAL SERVICES IN < 0.01%CHAODA MODERN AGRICULTURE < 0.01%GRAPHITE DESIGN INC < 0.01%KEIHIN CORP < 0.01%HUDACO INDUSTRIES LTD < 0.01%S FRWD AUD 9/25/2014 < 0.01%S CROS GBP 8/14/2014 < 0.01%S FRWD GBP 9/25/2014 < 0.01%S FRWD AUD 9/25/2014 < 0.01%S CROS GBP 8/14/2014 < 0.01%S FRWD AUD 9/25/2014 < 0.01%SUGI HOLDINGS CO LTD < 0.01%S SPOT THB 8/01/2014 < 0.01%S SPOT AUD 8/05/2014 < 0.01%S SPOT EUR 8/01/2014 < 0.01%S SPOT JPY 1 8/01/2014 < 0.01%YTL POWER INTERNATIONAL BHD < 0.01%ANGLO IRISH BANK CORP PLC < 0.01%ANGLO IRISH BANK CORP PLC < 0.01%AERO INVENTORY PLC < 0.01%L SPOT NOK 8/01/2014 < 0.01%L SPOT GBP 8/04/2014 < 0.01%L SPOT GBP 8/01/2014 < 0.01%L SPOT NOK 8/04/2014 < 0.01%Security% of PortfolioL SPOT JPY 1 8/04/2014 < 0.01%L SPOT JPY 1 8/01/2014 < 0.01%L CROS EUR 8/14/2014 < 0.01%L FRWD GBP 9/25/2014 < 0.01%L CROS EUR 8/14/2014 < 0.01%UK POUND STERLING < 0.01%L FRWD GBP 8/14/2014 < 0.01%BRAZILIAN REAL < 0.01%L FRWD AUD 9/25/2014 -0.01%L CROS JPY 9/25/2014 -0.01%L FRWD SEK 9/25/2014 -0.01%L CROS GBP 8/14/2014 -0.02%L FRWD JPY 1 9/25/2014 -0.02%L FRWD JPY 1 9/25/2014 -0.02%L FRWD CHF 9/25/2014 -0.02%JAPAN YEN -0.04%AUSTRALIA DOLLAR -0.04%L FRWD EUR 9/25/2014 -0.05%TRS (SPTRUTIL) INDEX -0.70%TRS (SPGCCIP) INDEX 8/29/2014 -0.70%TRS (SPGCENP) INDEX 9/16/2014 -1.45%TRS (SPTRUTIL) INDEX -2.14%AST Portfolio Holdings526 of 635

AST Small-Cap Growth PortfolioSecurity% of PortfolioGENESCO INC 3.33%CENTENE CORP 2.27%VITAMIN SHOPPE INC 1.99%UNIVERSAL ELECTRONICS INC 1.82%QUAKER CHEMICAL CORP 1.71%WHITEWAVE FOODS CO 1.67%HEXCEL CORP 1.65%CAVIUM INC 1.65%MARTIN MARIETTA MATERIALS 1.59%HUNTSMAN CORP 1.51%MEDASSETS INC 1.49%GULFPORT ENERGY CORP 1.46%COOPER COS INC/THE 1.45%JETBLUE AIRWAYS CORP 1.45%WASTE CONNECTIONS INC 1.43%BELMOND LTD-CLASS A 1.41%AIR METHODS CORP 1.39%RICE ENERGY INC 1.36%BALLY TECHNOLOGIES INC 1.36%COLFAX CORP 1.31%STIFEL FINANCIAL CORP 1.28%ASPEN TECHNOLOGY INC 1.27%IPG PHOTONICS CORP 1.24%VEECO INSTRUMENTS INC 1.23%PRUDENTIAL CORE INVESTMENT 1.21%DEMANDWARE INC 1.13%RTI INTERNATIONAL METALS IN 1.09%HOME LOAN SERVICING SOLUTIO 1.07%GEO GROUP INC/THE 1.07%TENNECO INC 1.06%SIRONA DENTAL SYSTEMS INC 1.05%CORNERSTONE ONDEMAND INC 1.05%THORATEC CORP 1.04%LANDSTAR SYSTEM INC 1.02%HOMEAWAY INC 1.01%DECKERS OUTDOOR CORP 1.01%TEAM HEALTH HOLDINGS INC 1.01%PALO ALTO NETWORKS INC 0.98%MANITOWOC COMPANY INC 0.97%ACORDA THERAPEUTICS INC 0.96%NORTHWEST PIPE CO 0.96%COHERENT INC 0.93%UMB FINANCIAL CORP 0.92%FORTINET INC 0.90%STEVEN MADDEN LTD 0.87%NATURAL GROCERS BY VITAMIN 0.86%VINCE HOLDING CORP 0.86%WOODWARD INC 0.85%TRULIA INC 0.84%OPHTHOTECH CORP 0.80%ENDOLOGIX INC 0.79%TREX COMPANY INC 0.78%GEOSPACE TECHNOLOGIES CORP 0.78%ALIGN TECHNOLOGY INC 0.77%Security% of PortfolioINVENSENSE INC 0.77%CHART INDUSTRIES INC 0.76%WABCO HOLDINGS INC 0.76%THERMON GROUP HOLDINGS INC 0.75%CYBERONICS INC 0.74%QUALYS INC 0.73%GUIDEWIRE SOFTWARE INC 0.72%NICE SYSTEMS LTD-SPONS ADR 0.71%ULTIMATE SOFTWARE GROUP INC 0.70%MGIC INVESTMENT CORP 0.69%UNITED NATURAL FOODS INC 0.68%SPECTRANETICS CORP 0.68%FRESH MARKET INC/THE 0.68%WEBMD HEALTH CORP 0.68%PAREXEL INTERNATIONAL CORP 0.67%PTC INC 0.60%NATUS MEDICAL INC 0.59%EMCOR GROUP INC 0.58%FXCM INC-A 0.57%MEDIDATA SOLUTIONS INC 0.54%PACIRA PHARMACEUTICALS INC 0.54%ENSTAR GROUP LTD 0.54%THERAVANCE INC 0.53%OUTERWALL INC 0.53%HANGER INC 0.51%TERADYNE INC 0.50%CONCUR TECHNOLOGIES INC 0.50%QUALITY DISTRIBUTION INC 0.50%CRANE CO 0.50%GRAND CANYON EDUCATION INC 0.50%IMPERVA INC 0.49%RECEPTOS INC 0.49%AMERICAN AIRLINES GROUP INC 0.48%RF MICRO DEVICES INC 0.48%E2OPEN INC 0.47%SUNEDISON INC 0.47%CHUY'S HOLDINGS INC 0.47%CUBIST PHARMACEUTICALS INC 0.46%CTI BIOPHARMA CORP 0.45%KULICKE & SOFFA INDUSTRIES 0.45%SCIQUEST INC 0.44%COMMVAULT SYSTEMS INC 0.44%FORTRESS INVESTMENT GRP-CL 0.43%NPS PHARMACEUTICALS INC 0.43%SEATTLE GENETICS INC 0.43%TWO HARBORS INVESTMENT CORP 0.42%MWI VETERINARY SUPPLY INC 0.41%TABLEAU SOFTWARE INC-CL A 0.41%ADVISORY BOARD CO/THE 0.40%PINNACLE FOODS INC 0.39%SANCHEZ ENERGY CORP 0.38%PORTOLA PHARMACEUTICALS INC 0.38%ANGIE'S LIST INC 0.36%ARUBA NETWORKS INC 0.35%AST Portfolio Holdings527 of 635

AST Small-Cap Growth Portfolio (continued)Security% of PortfolioENANTA PHARMACEUTICALS INC 0.32%THERAVANCE BIOPHARMA INC 0.32%AKEBIA THERAPEUTICS INC 0.32%VARONIS SYSTEMS INC 0.30%MARIN SOFTWARE INC 0.29%PROTO LABS INC 0.29%PGT INC 0.28%SOTHEBY'S 0.28%PORTFOLIO RECOVERY ASSOCIAT 0.26%ANACOR PHARMACEUTICALS INC 0.25%ACADIA HEALTHCARE CO INC 0.25%PUMA BIOTECHNOLOGY INC 0.24%PAYLOCITY CORP 0.22%CHEMTURA CORP 0.18%KERYX BIOPHARMACEUTICALS 0.08%AST Portfolio Holdings528 of 635

AST Small-Cap Growth PortfolioSecurity% of PortfolioGENESCO INC 3.33%CENTENE CORP 2.27%VITAMIN SHOPPE INC 1.99%UNIVERSAL ELECTRONICS INC 1.82%QUAKER CHEMICAL CORP 1.71%WHITEWAVE FOODS CO 1.67%HEXCEL CORP 1.65%CAVIUM INC 1.65%MARTIN MARIETTA MATERIALS 1.59%HUNTSMAN CORP 1.51%MEDASSETS INC 1.49%GULFPORT ENERGY CORP 1.46%COOPER COS INC/THE 1.45%JETBLUE AIRWAYS CORP 1.45%WASTE CONNECTIONS INC 1.43%BELMOND LTD-CLASS A 1.41%AIR METHODS CORP 1.39%RICE ENERGY INC 1.36%BALLY TECHNOLOGIES INC 1.36%COLFAX CORP 1.31%STIFEL FINANCIAL CORP 1.28%ASPEN TECHNOLOGY INC 1.27%IPG PHOTONICS CORP 1.24%VEECO INSTRUMENTS INC 1.23%PRUDENTIAL CORE INVESTMENT 1.21%DEMANDWARE INC 1.13%RTI INTERNATIONAL METALS IN 1.09%HOME LOAN SERVICING SOLUTIO 1.07%GEO GROUP INC/THE 1.07%TENNECO INC 1.06%SIRONA DENTAL SYSTEMS INC 1.05%CORNERSTONE ONDEMAND INC 1.05%THORATEC CORP 1.04%LANDSTAR SYSTEM INC 1.02%HOMEAWAY INC 1.01%DECKERS OUTDOOR CORP 1.01%TEAM HEALTH HOLDINGS INC 1.01%PALO ALTO NETWORKS INC 0.98%MANITOWOC COMPANY INC 0.97%ACORDA THERAPEUTICS INC 0.96%NORTHWEST PIPE CO 0.96%COHERENT INC 0.93%UMB FINANCIAL CORP 0.92%FORTINET INC 0.90%STEVEN MADDEN LTD 0.87%NATURAL GROCERS BY VITAMIN 0.86%VINCE HOLDING CORP 0.86%WOODWARD INC 0.85%TRULIA INC 0.84%OPHTHOTECH CORP 0.80%ENDOLOGIX INC 0.79%TREX COMPANY INC 0.78%GEOSPACE TECHNOLOGIES CORP 0.78%ALIGN TECHNOLOGY INC 0.77%Security% of PortfolioINVENSENSE INC 0.77%CHART INDUSTRIES INC 0.76%WABCO HOLDINGS INC 0.76%THERMON GROUP HOLDINGS INC 0.75%CYBERONICS INC 0.74%QUALYS INC 0.73%GUIDEWIRE SOFTWARE INC 0.72%NICE SYSTEMS LTD-SPONS ADR 0.71%ULTIMATE SOFTWARE GROUP INC 0.70%MGIC INVESTMENT CORP 0.69%UNITED NATURAL FOODS INC 0.68%SPECTRANETICS CORP 0.68%FRESH MARKET INC/THE 0.68%WEBMD HEALTH CORP 0.68%PAREXEL INTERNATIONAL CORP 0.67%PTC INC 0.60%NATUS MEDICAL INC 0.59%EMCOR GROUP INC 0.58%FXCM INC-A 0.57%MEDIDATA SOLUTIONS INC 0.54%PACIRA PHARMACEUTICALS INC 0.54%ENSTAR GROUP LTD 0.54%THERAVANCE INC 0.53%OUTERWALL INC 0.53%HANGER INC 0.51%TERADYNE INC 0.50%CONCUR TECHNOLOGIES INC 0.50%QUALITY DISTRIBUTION INC 0.50%CRANE CO 0.50%GRAND CANYON EDUCATION INC 0.50%IMPERVA INC 0.49%RECEPTOS INC 0.49%AMERICAN AIRLINES GROUP INC 0.48%RF MICRO DEVICES INC 0.48%E2OPEN INC 0.47%SUNEDISON INC 0.47%CHUY'S HOLDINGS INC 0.47%CUBIST PHARMACEUTICALS INC 0.46%CTI BIOPHARMA CORP 0.45%KULICKE & SOFFA INDUSTRIES 0.45%SCIQUEST INC 0.44%COMMVAULT SYSTEMS INC 0.44%FORTRESS INVESTMENT GRP-CL 0.43%NPS PHARMACEUTICALS INC 0.43%SEATTLE GENETICS INC 0.43%TWO HARBORS INVESTMENT CORP 0.42%MWI VETERINARY SUPPLY INC 0.41%TABLEAU SOFTWARE INC-CL A 0.41%ADVISORY BOARD CO/THE 0.40%PINNACLE FOODS INC 0.39%SANCHEZ ENERGY CORP 0.38%PORTOLA PHARMACEUTICALS INC 0.38%ANGIE'S LIST INC 0.36%ARUBA NETWORKS INC 0.35%AST Portfolio Holdings529 of 635

AST Small-Cap Growth Portfolio (continued)Security% of PortfolioENANTA PHARMACEUTICALS INC 0.32%THERAVANCE BIOPHARMA INC 0.32%AKEBIA THERAPEUTICS INC 0.32%VARONIS SYSTEMS INC 0.30%MARIN SOFTWARE INC 0.29%PROTO LABS INC 0.29%PGT INC 0.28%SOTHEBY'S 0.28%PORTFOLIO RECOVERY ASSOCIAT 0.26%ANACOR PHARMACEUTICALS INC 0.25%ACADIA HEALTHCARE CO INC 0.25%PUMA BIOTECHNOLOGY INC 0.24%PAYLOCITY CORP 0.22%CHEMTURA CORP 0.18%KERYX BIOPHARMACEUTICALS 0.08%AST Portfolio Holdings530 of 635

AST Small-Cap Value PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 1.73%IBERIABANK CORP 1.15%WINTRUST FINANCIAL CORP 0.99%FIRSTMERIT CORP 0.96%RUSSELL 2000 MINI 9/26/2014 0.94%PORTLAND GENERAL ELECTRIC C 0.90%EMCOR GROUP INC 0.87%SVB FINANCIAL GROUP 0.83%TRIUMPH GROUP INC 0.79%PANTRY INC 0.73%AFFILIATED MANAGERS GROUP 0.71%BANKUNITED INC 0.70%CLECO CORPORATION 0.65%SIGNATURE BANK 0.64%COUSINS PROPERTIES INC 0.63%PARK ELECTROCHEMICAL CORP 0.59%ALLIED WORLD ASSURANCE CO 0.57%SANMINA CORP 0.55%LIFEPOINT HOSPITALS INC 0.54%ACCO BRANDS CORP 0.53%GREAT PLAINS ENERGY INC 0.52%TRUEBLUE INC 0.50%ARRIS GROUP INC 0.50%BARNES & NOBLE INC 0.48%TERADYNE INC 0.48%CNO FINANCIAL GROUP INC 0.48%HELEN OF TROY LTD 0.47%PEBBLEBROOK HOTEL TRUST 0.47%RITE AID CORP 0.46%VEECO INSTRUMENTS INC 0.45%IDACORP INC 0.45%CURTISS-WRIGHT CORP 0.45%PIER 1 IMPORTS INC 0.44%HERSHA HOSPITALITY TRUST 0.43%AMERICAN EQUITY INVT LIFE H 0.43%HARSCO CORP 0.43%OLD DOMINION FREIGHT LINE 0.42%PACWEST BANCORP 0.42%AXIS CAPITAL HOLDINGS LTD 0.42%HANMI FINANCIAL CORPORATION 0.41%FIRST MIDWEST BANCORP INC/I 0.41%RAYMOND JAMES FINANCIAL INC 0.41%RUDOLPH TECHNOLOGIES INC 0.41%C&J ENERGY SERVICES INC 0.41%FLAGSTAR BANCORP INC 0.41%CAPSTEAD MORTGAGE CORP 0.40%ISHARES RUSSELL 2000 VALUE 0.40%COOPER TIRE & RUBBER 0.40%ON SEMICONDUCTOR CORPORATIO 0.40%KORN/FERRY INTERNATIONAL 0.39%GREEN DOT CORP-CLASS A 0.39%HANOVER INSURANCE GROUP INC 0.39%DIAMONDROCK HOSPITALITY CO 0.39%PLANTRONICS INC 0.39%Security% of PortfolioAMSURG CORP 0.38%TIVO INC 0.38%CORPORATE OFFICE PROPERTIES 0.38%CARRIZO OIL & GAS INC 0.37%TETRA TECH INC 0.37%CLEAN HARBORS INC 0.37%ASHFORD HOSPITALITY TRUST 0.37%AVX CORP 0.37%MKS INSTRUMENTS INC 0.37%WEIS MARKETS INC 0.37%WADDELL & REED FINANCIAL-A 0.37%PRIVATEBANCORP INC 0.36%FIRST INDUSTRIAL REALTY TR 0.36%GREEN PLAINS INC 0.35%CHARLES RIVER LABORATORIES 0.35%RBC BEARINGS INC 0.35%KAR AUCTION SERVICES INC 0.35%KOPPERS HOLDINGS INC 0.35%EASTGROUP PROPERTIES INC 0.34%NATL PENN BCSHS INC 0.34%PERKINELMER INC 0.34%HORACE MANN EDUCATORS 0.34%COMMERCIAL METALS CO 0.33%PINNACLE FINANCIAL PARTNERS 0.33%UNISYS CORP 0.33%EXAR CORP 0.33%WARREN RESOURCES INC 0.33%WORTHINGTON INDUSTRIES 0.33%PTC INC 0.33%TCF FINANCIAL CORP 0.33%HANCOCK HOLDING CO 0.33%ITT CORP 0.32%CASH AMERICA INTL INC 0.32%DANA HOLDING CORP 0.32%POTLATCH CORP 0.32%REDWOOD TRUST INC 0.32%HORSEHEAD HOLDING CORP 0.32%KADANT INC 0.32%DYNEGY INC 0.32%ZUMIEZ INC 0.32%SPANSION INC-CLASS A 0.31%WATTS WATER TECHNOLOGIES-A 0.31%MOVADO GROUP INC 0.31%TRIMAS CORP 0.31%MARINEMAX INC 0.31%MCDERMOTT INTL INC 0.31%AMERCO 0.31%ENDURANCE SPECIALTY HOLDING 0.30%DARLING INGREDIENTS INC 0.30%EDUCATION REALTY TRUST INC 0.30%FIRST REPUBLIC BANK/CA 0.30%INFINITY PROPERTY & CASUALT 0.30%COMPUWARE CORP 0.30%FIRST NBC BANK HOLDING CO 0.30%AST Portfolio Holdings531 of 635

AST Small-Cap Value Portfolio (continued)Security% of PortfolioBROADSOFT INC 0.29%MATTHEWS INTL CORP-CLASS A 0.29%TOMPKINS FINANCIAL CORP 0.29%MFA FINANCIAL INC 0.29%RF MICRO DEVICES INC 0.29%BURLINGTON STORES INC 0.28%MID-AMERICA APARTMENT COMM 0.28%RUSH ENTERPRISES INC-CL A 0.28%SNAP-ON INC 0.28%CYTEC INDUSTRIES INC 0.28%BENCHMARK ELECTRONICS INC 0.28%STONE ENERGY CORP 0.28%PROASSURANCE CORP 0.28%BIOMED REALTY TRUST INC 0.28%TETRA TECHNOLOGIES INC 0.28%MB FINANCIAL INC 0.28%KIMBALL INTERNATIONAL-B 0.28%INTERDIGITAL INC 0.27%HEARTLAND PAYMENT SYSTEMS I 0.27%GENERAL CABLE CORP 0.27%EAGLE BANCORP INC 0.27%EMPLOYERS HOLDINGS INC 0.27%ZEBRA TECHNOLOGIES CORP-CL 0.27%ABM INDUSTRIES INC 0.27%FIRST SOLAR INC 0.27%INVESTORS BANCORP INC. (NE 0.27%DCT INDUSTRIAL TRUST INC 0.27%LEXINGTON REALTY TRUST 0.27%CADENCE DESIGN SYS INC 0.27%ISHARES RUSSELL 2000 ETF 0.26%NUVASIVE INC 0.26%ENERSYS 0.26%HUNTINGTON INGALLS INDUSTRI 0.26%CONVERGYS CORP 0.26%HAWAIIAN HOLDINGS INC 0.25%REGAL-BELOIT CORP 0.25%MAIDEN HOLDINGS LTD 0.25%SUNSTONE HOTEL INVESTORS IN 0.25%PLATINUM UNDERWRITERS HLDGS 0.25%MOLINA HEALTHCARE INC 0.25%EQUITY ONE INC 0.25%CHIQUITA BRANDS INTL 0.25%UMB FINANCIAL CORP 0.24%OASIS PETROLEUM INC 0.24%FIRST HORIZON NATIONAL CORP 0.24%TREEHOUSE FOODS INC 0.24%CROSS COUNTRY HEALTHCARE IN 0.24%CALLAWAY GOLF COMPANY 0.24%GRAPHIC PACKAGING HOLDING C 0.24%DIGI INTERNATIONAL INC 0.24%ALLEGHENY TECHNOLOGIES INC 0.24%RTI INTERNATIONAL METALS IN 0.23%INNOPHOS HOLDINGS INC 0.23%RYLAND GROUP INC/THE 0.23%Security% of PortfolioEXPRESS INC 0.23%KEY ENERGY SERVICES INC 0.23%ARLINGTON ASSET INVESTMENT- 0.23%INTELIQUENT INC 0.23%TELEFLEX INC 0.23%TUTOR PERINI CORP 0.23%BERRY PLASTICS GROUP INC 0.22%RENEWABLE ENERGY GROUP INC 0.22%SENSIENT TECHNOLOGIES CORP 0.22%PIPER JAFFRAY COS 0.22%GREIF INC-CL A 0.22%EW SCRIPPS CO/THE-A 0.22%DIEBOLD INC 0.22%ALTRA INDUSTRIAL MOTION COR 0.22%SILGAN HOLDINGS INC 0.22%FAIRCHILD SEMICONDUCTOR INT 0.22%ANWORTH MORTGAGE ASSET CORP 0.21%WEBMD HEALTH CORP 0.21%MATSON INC 0.21%WILSHIRE BANCORP INC 0.21%AAR CORP 0.21%WESBANCO INC 0.21%BLACKSTONE MORTGAGE TRU-CL 0.21%HEALTHSOUTH CORP 0.21%IXIA 0.21%COGENT COMMUNICATIONS HOLDI 0.21%ENPRO INDUSTRIES INC 0.21%TELEDYNE TECHNOLOGIES INC 0.21%PENNYMAC MORTGAGE INVESTMEN 0.21%DELEK US HOLDINGS INC 0.21%EXLSERVICE HOLDINGS INC 0.21%WGL HOLDINGS INC 0.21%AMERICAN EAGLE OUTFITTERS 0.21%TIDEWATER INC 0.21%ULTRA CLEAN HOLDINGS INC 0.20%SOUTHWEST GAS CORP 0.20%PARKWAY PROPERTIES INC 0.20%NORTHERN OIL AND GAS INC 0.20%UMPQUA HOLDINGS CORP 0.20%AMKOR TECHNOLOGY INC 0.20%HELIX ENERGY SOLUTIONS GROU 0.20%SELECT COMFORT CORPORATION 0.20%ACTUANT CORP-A 0.20%MINERALS TECHNOLOGIES INC 0.20%COHERENT INC 0.20%ENGILITY HOLDINGS INC 0.20%CORESITE REALTY CORP 0.20%TEAM INC 0.20%BRIGGS & STRATTON 0.19%SKYWEST INC 0.19%WESTFIELD FINANCIAL INC 0.19%UNS ENERGY CORP 0.19%CVB FINANCIAL CORP 0.19%JONES LANG LASALLE INC 0.19%AST Portfolio Holdings532 of 635

AST Small-Cap Value Portfolio (continued)Security% of PortfolioCHILDREN'S PLACE INC/THE 0.19%STEEL DYNAMICS INC 0.19%SPARTANNASH CO 0.19%BILL BARRETT CORP 0.19%G & K SERVICES INC -CL A 0.19%ICONIX BRAND GROUP INC 0.19%ARCTIC CAT INC 0.19%CLOUD PEAK ENERGY INC 0.18%BELDEN INC 0.18%BOISE CASCADE CO 0.18%LACLEDE GROUP INC/THE 0.18%NEW JERSEY RESOURCES CORP 0.18%FIRST INTERSTATE BANCSYS/MT 0.18%SYMETRA FINANCIAL CORP 0.18%SALLY BEAUTY HOLDINGS INC 0.18%CASEY'S GENERAL STORES INC 0.17%QUAD GRAPHICS INC 0.17%BOSTON PRIVATE FINL HOLDING 0.17%AXIALL CORP 0.17%NATURAL GAS SERVICES GROUP 0.17%NORTHWEST NATURAL GAS CO 0.17%DILLARDS INC-CL A 0.16%MEN'S WEARHOUSE INC/THE 0.16%AMERISAFE INC 0.16%CUSTOMERS BANCORP INC 0.16%STERLING BANCORP/DE 0.16%KRATON PERFORMANCE POLYMERS 0.16%PRESTIGE BRANDS HOLDINGS IN 0.16%HAYNES INTERNATIONAL INC 0.16%AMERICAN CAMPUS COMMUNITIES 0.16%APPLIED INDUSTRIAL TECH INC 0.16%KELLY SERVICES INC -A 0.16%FIRST POTOMAC REALTY TRUST 0.16%NORTHWESTERN CORP 0.15%SCHULMAN (A.) INC 0.15%INTELSAT GLOBAL HOLDINGS S 0.15%RINGCENTRAL INC-CLASS A 0.15%GUESS? INC 0.15%VSE CORP 0.15%DIANA SHIPPING INC 0.15%MGE ENERGY INC 0.15%FEDERATED INVESTORS INC-CL 0.15%HFF INC-CLASS A 0.15%CABELA'S INC 0.15%STONERIDGE INC 0.15%GULF ISLAND FABRICATION INC 0.15%VAALCO ENERGY INC 0.14%UNITED STATIONERS INC 0.14%REPUBLIC AIRWAYS HOLDINGS I 0.14%BROWN SHOE COMPANY INC 0.14%SUPERIOR INDUSTRIES INTL 0.14%FIRST COMMONWEALTH FINL COR 0.14%INTEGRATED SILICON SOLUTION 0.14%EXCO RESOURCES INC 0.14%Security% of PortfolioCARPENTER TECHNOLOGY 0.14%INSIGHT ENTERPRISES INC 0.14%ALEXANDER & BALDWIN INC 0.14%ROSETTA RESOURCES INC 0.14%CARDINAL FINANCIAL CORP 0.14%ORION MARINE GROUP INC 0.14%CHESAPEAKE LODGING TRUST 0.14%VARONIS SYSTEMS INC 0.13%SOUTHWEST BANCORP INC/OKLA 0.13%GREENHILL & CO INC 0.13%HERMAN MILLER INC 0.13%TAKE-TWO INTERACTIVE SOFTWR 0.13%KITE REALTY GROUP TRUST 0.13%HYSTER-YALE MATERIALS 0.13%OFG BANCORP 0.13%RUTH'S HOSPITALITY GROUP IN 0.13%TEREX CORP 0.12%VERA BRADLEY INC 0.12%ABERCROMBIE & FITCH CO-CL A 0.12%EL PASO ELECTRIC CO 0.12%LTC PROPERTIES INC 0.12%UNIVERSAL ELECTRONICS INC 0.12%FOSTER (LB) CO-A 0.12%AMTRUST FINANCIAL SERVICES 0.12%CYNOSURE INC-A 0.12%STEELCASE INC-CL A 0.12%CBL & ASSOCIATES PROPERTIES 0.11%RAIT FINANCIAL TRUST 0.11%PINNACLE FOODS INC 0.11%PARKER DRILLING CO 0.11%ASPEN INSURANCE HOLDINGS LT 0.11%CATO CORP-CLASS A 0.11%ANDERSONS INC/THE 0.11%JOURNAL COMMUNICATIONS INC- 0.11%OXFORD INDUSTRIES INC 0.11%EMPIRE STATE REALTY TRUST-A 0.11%HILLTOP HOLDINGS INC 0.11%N B T BANCORP INC 0.11%IMPAX LABORATORIES INC 0.11%FORUM ENERGY TECHNOLOGIES I 0.11%REX AMERICAN RESOURCES CORP 0.11%ROCK TENN COMPANY -CL A 0.11%HOMESTREET INC 0.11%RESOURCES CONNECTION INC 0.11%PNM RESOURCES INC 0.10%POLYONE CORPORATION 0.10%COWEN GROUP INC-CLASS A 0.10%ASSURED GUARANTY LTD 0.10%RPX CORP 0.10%SKULLCANDY INC 0.10%FELCOR LODGING TRUST INC 0.10%WELLCARE HEALTH PLANS INC 0.10%GIBRALTAR INDUSTRIES INC 0.10%SEMTECH CORP 0.10%AST Portfolio Holdings533 of 635

AST Small-Cap Value Portfolio (continued)Security% of PortfolioPREFERRED BANK/LOS ANGELES 0.10%WESTAR ENERGY INC 0.10%SCIENTIFIC GAMES CORP-A 0.10%FIRST MERCHANTS CORP 0.10%JONES ENERGY INC - A 0.10%LANNETT CO INC 0.09%CEDAR REALTY TRUST INC 0.09%CENVEO INC 0.09%ETHAN ALLEN INTERIORS INC 0.09%ENERGY XXI BERMUDA 0.09%CBRE GROUP INC - A 0.09%US TREASURY N/B 11/30/2014 0.09%ION GEOPHYSICAL CORP 0.09%SNYDERS-LANCE INC 0.09%WSFS FINANCIAL CORP 0.09%INTERFACE INC 0.09%SUPERIOR ENERGY SERVICES IN 0.09%VIAD CORP 0.09%ELECTRONICS FOR IMAGING 0.09%INVESTMENT TECHNOLOGY GROUP 0.09%PEOPLES FINANCIAL SERVICES 0.09%CITY HOLDING CO 0.08%WCI COMMUNITIES INC 0.08%LITTELFUSE INC 0.08%GOODRICH PETROLEUM CORP 0.08%EXTRA SPACE STORAGE INC 0.08%ALPHA & OMEGA SEMICONDUCTOR 0.08%KIRKLAND'S INC 0.08%BGC PARTNERS INC-CL A 0.08%CYRUSONE INC 0.08%SELECTIVE INSURANCE GROUP 0.08%SWIFT TRANSPORTATION CO 0.08%BEL FUSE INC-CL B 0.08%LIFELOCK INC 0.08%WASHINGTON REIT 0.08%ARCBEST CORP 0.08%IMPERVA INC 0.08%EPR PROPERTIES 0.07%XOMA CORP 0.07%KNIGHTSBRIDGE TANKERS LTD 0.07%SUN COMMUNITIES INC 0.07%CYS INVESTMENTS INC 0.07%BROOKDALE SENIOR LIVING INC 0.07%INDEPENDENT BANK CORP/MA 0.07%THE GEO GROUP INC 0.07%ENTERPRISE FINANCIAL SERVIC 0.07%EAST WEST BANCORP INC 0.07%SOTHEBY'S 0.07%COMMUNITY TRUST BANCORP INC 0.07%CRACKER BARREL OLD COUNTRY 0.07%ULTRAGENYX PHARMACEUTICAL I 0.07%FIDELITY & GUARANTY LIFE 0.07%KINDRED HEALTHCARE INC 0.07%BASIC ENERGY SERVICES INC 0.07%Security% of PortfolioREMY INTERNATIONAL INC 0.07%BRADY CORPORATION - CL A 0.07%PARK-OHIO HOLDINGS CORP 0.07%CATALENT INC 0.07%WILLBROS GROUP INC 0.07%RESOLUTE FOREST PRODUCTS 0.07%CATHAY GENERAL BANCORP 0.07%GLOBAL BRASS & COPPER HOLDI 0.06%BLACK BOX CORP 0.06%WEBSTER FINANCIAL CORP 0.06%SUSSER HOLDINGS CORP 0.06%PACIFIC ETHANOL INC 0.06%CHEGG INC 0.06%LIFETIME BRANDS INC 0.06%SERVICEMASTER GLOBAL HOLDIN 0.06%COMMUNITY HEALTH SYSTEMS IN 0.06%EMPIRE DISTRICT ELECTRIC CO 0.06%CHATHAM LODGING TRUST 0.06%MATRIX SERVICE CO 0.06%SUSQUEHANNA BANCSHARES INC 0.06%AMERIS BANCORP 0.06%MEDICINES COMPANY 0.06%FIDELITY SOUTHERN CORP 0.05%CELLDEX THERAPEUTICS INC 0.05%FIRST FINANCIAL BANCORP 0.05%BANNER CORPORATION 0.05%SOUTH STATE CORP 0.05%WINTHROP REALTY TRUST 0.05%INTRALINKS HOLDINGS INC 0.05%LIVE NATION ENTERTAINMENT I 0.05%MAINSOURCE FINANCIAL GROUP 0.05%BANCO LATINOAMERICANO COME- 0.05%ASHFORD HOSPITALITY PRIME I 0.05%DAWSON GEOPHYSICAL CO 0.05%REVANCE THERAPEUTICS INC 0.05%HEIDRICK & STRUGGLES INTL 0.05%AMPHASTAR PHARMACEUTICALS I 0.05%AVID TECHNOLOGY INC 0.05%SPEEDWAY MOTORSPORTS INC 0.05%FIRST NIAGARA FINANCIAL GRP 0.05%RAMCO-GERSHENSON PROPERTIES 0.05%ROUNDY'S INC 0.05%CVR ENERGY INC 0.05%SEMGROUP CORP-CLASS A 0.05%FINANCIAL INSTITUTIONS INC 0.05%FIRST COMMUNITY BANCSHARES 0.05%TRIPLE-S MANAGEMENT CORP-B 0.05%STEINER LEISURE LTD 0.05%WORLD FUEL SERVICES CORP 0.05%RR DONNELLEY & SONS CO 0.05%STEWART INFORMATION SERVICE 0.05%ZEP INC 0.05%QUALITY DISTRIBUTION INC 0.05%GLOBE SPECIALTY METALS INC 0.04%AST Portfolio Holdings534 of 635

AST Small-Cap Value Portfolio (continued)Security% of PortfolioDOMTAR CORP 0.04%DEX MEDIA INC 0.04%CHESAPEAKE UTILITIES CORP 0.04%CHARTER FINANCIAL CORP 0.04%UNITED FIRE GROUP INC 0.04%PENN REAL ESTATE INVEST TST 0.04%FIRST CITIZENS BANCSHARES 0.04%PEOPLES BANCORP INC 0.04%GREAT SOUTHERN BANCORP INC 0.04%PROVIDENT FINANCIAL SERVICE 0.04%UNITIL CORP 0.04%MANNING & NAPIER INC 0.04%GREATBATCH INC 0.04%REVLON INC-CLASS A 0.04%FIRST DEFIANCE FINL CORP 0.04%FLUSHING FINANCIAL CORP 0.04%BBCN BANCORP INC 0.04%SINCLAIR BROADCAST GROUP -A 0.04%GSI GROUP INC 0.04%AMPCO-PITTSBURGH CORP 0.04%LASALLE HOTEL PROPERTIES 0.04%GOPRO INC-CLASS A 0.04%DIGITAL RIVER INC 0.04%YADKIN FINANCIAL CORP 0.03%TRUSTMARK CORP 0.03%AMERICAN STATES WATER CO 0.03%UIL HOLDINGS CORP 0.03%HOME PROPERTIES INC 0.03%DICERNA PHARMACEUTICALS INC 0.03%UNION BANKSHARES CORP 0.03%ACADIA REALTY TRUST 0.03%HORIZON BANCORP INDIANA 0.03%GLATFELTER 0.03%WEST BANCORPORATION 0.03%CARA THERAPEUTICS INC 0.03%MOOG INC-CLASS A 0.03%TRISTATE CAPITAL HLDGS INC 0.03%ORASURE TECHNOLOGIES INC 0.03%ARDELYX INC 0.03%FIREEYE INC 0.03%EROS INTERNATIONAL PLC 0.03%2U INC 0.03%CHEMICAL FINANCIAL CORP 0.03%COLUMBIA BANKING SYSTEM INC 0.03%CORE-MARK HOLDING CO INC 0.03%PENNYMAC FINANCIAL SERVICE- 0.03%FIRST BUSEY CORP 0.03%ARC DOCUMENT SOLUTIONS INC 0.03%SIMMONS FIRST NATL CORP-CL 0.03%TERRAFORM POWER INC - A 0.03%CENTURY COMMUNITIES INC 0.03%FIRST BANCORP PUERTO RICO 0.03%BANK OF MARIN BANCORP/CA 0.03%BERKSHIRE HILLS BANCORP INC 0.03%Security% of PortfolioSYSTEMAX INC 0.03%PERICOM SEMICONDUCTOR CORP 0.03%SIERRA BANCORP 0.03%TESCO CORP 0.03%DESTINATION MATERNITY CORP 0.03%PANHANDLE OIL AND GAS INC-A 0.03%GOVERNMENT PROPERTIES INCOM 0.03%TRANSATLANTIC PE 0.03%SCANSOURCE INC 0.03%TAYLOR CAPITAL GROUP INC 0.03%NELNET INC-CL A 0.03%SCHWEITZER-MAUDUIT INTL INC 0.03%GETTY REALTY CORP 0.03%AMC ENTERTAINMENT HLDS-CL A 0.02%REPUBLIC BANCORP INC-CLASS 0.02%ENTERCOM COMMUNICATIONS-CL 0.02%CONNECTONE BANCORP INC 0.02%KITE PHARMA INC 0.02%PARK STERLING CORP 0.02%CALIFORNIA WATER SERVICE GR 0.02%TRUPANION INC 0.02%CDI CORP 0.02%WESTERN REFINING INC 0.02%FIRST BUSINESS FINANCIAL SE 0.02%FIRST FINANCIAL CORP/INDIAN 0.02%ROKA BIOSCIENCE INC 0.02%CITIZENS & NORTHERN CORP 0.02%UNIVERSAL TRUCKLOAD SERVICE 0.02%STOCK YARDS BANCORP INC 0.02%IDT CORP-CLASS B 0.02%BARRY (R.G.) 0.02%ARMADA HOFFLER PROPERTIES I 0.02%PAYCOM SOFTWARE INC 0.02%INNOSPEC INC 0.02%ROUSE PROPERTIES INC 0.02%TOWNSQUARE MEDIA INC 0.02%PAYLOCITY CORP 0.02%KRONOS WORLDWIDE, INC. 0.02%XCERRA CORP 0.02%EZCORP INC-CL A 0.02%STANDEX INTERNATIONAL CORP 0.02%HURCO COMPANIES INC 0.02%ZAFGEN INC 0.02%COMMUNITYONE BANCORP 0.02%IMMUNE DESIGN CORP 0.02%ZS PHARMA INC 0.02%1ST SOURCE CORP 0.01%CENTRAL GARDEN AND PET CO-A 0.01%PROOFPOINT INC 0.01%FIRST OF LONG ISLAND CORP 0.01%MICHAELS COS INC/THE 0.01%BANK OF KENTUCKY FINL CORP 0.01%FRANKLIN STREET PROPERTIES 0.01%ARTESIAN RESOURCES CORP-CL 0.01%AST Portfolio Holdings535 of 635

AST Small-Cap Value Portfolio (continued)Security% of PortfolioSOUTH JERSEY INDUSTRIES 0.01%FIRST BANCORP/NC 0.01%GLOBANT SA 0.01%SAGE THERAPEUTICS INC 0.01%BNC BANCORP 0.01%MARKIT LTD 0.01%NN INC 0.01%GERMAN AMERICAN BANCORP 0.01%APPLIED GENETIC TECHNOLOGIE 0.01%FIVE9 INC 0.01%HAWKINS INC 0.01%IMPRIVATA INC 0.01%BANKFINANCIAL CORP 0.01%INTERSECT ENT INC 0.01%TUBEMOGUL INC 0.01%FUTUREFUEL CORP 0.01%AUDIENCE INC 0.01%OCEANFIRST FINANCIAL CORP 0.01%AEGERION PHARMACEUTICALS IN 0.01%FLEXION THERAPEUTICS INC < 0.01%HAMPTON ROADS BANKSHARES IN < 0.01%WESTMORELAND COAL CO < 0.01%AUSPEX PHARMACEUTICALS INC < 0.01%TELENAV INC < 0.01%Q2 HOLDINGS INC < 0.01%OPOWER INC < 0.01%MERCHANTS BANCSHARES INC < 0.01%GSE HOLDING INC < 0.01%AST Portfolio Holdings536 of 635

AST Small-Cap Value PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 1.73%IBERIABANK CORP 1.15%WINTRUST FINANCIAL CORP 0.99%FIRSTMERIT CORP 0.96%RUSSELL 2000 MINI 9/26/2014 0.94%PORTLAND GENERAL ELECTRIC C 0.90%EMCOR GROUP INC 0.87%SVB FINANCIAL GROUP 0.83%TRIUMPH GROUP INC 0.79%PANTRY INC 0.73%AFFILIATED MANAGERS GROUP 0.71%BANKUNITED INC 0.70%CLECO CORPORATION 0.65%SIGNATURE BANK 0.64%COUSINS PROPERTIES INC 0.63%PARK ELECTROCHEMICAL CORP 0.59%ALLIED WORLD ASSURANCE CO 0.57%SANMINA CORP 0.55%LIFEPOINT HOSPITALS INC 0.54%ACCO BRANDS CORP 0.53%GREAT PLAINS ENERGY INC 0.52%TRUEBLUE INC 0.50%ARRIS GROUP INC 0.50%BARNES & NOBLE INC 0.48%TERADYNE INC 0.48%CNO FINANCIAL GROUP INC 0.48%HELEN OF TROY LTD 0.47%PEBBLEBROOK HOTEL TRUST 0.47%RITE AID CORP 0.46%VEECO INSTRUMENTS INC 0.45%IDACORP INC 0.45%CURTISS-WRIGHT CORP 0.45%PIER 1 IMPORTS INC 0.44%HERSHA HOSPITALITY TRUST 0.43%AMERICAN EQUITY INVT LIFE H 0.43%HARSCO CORP 0.43%OLD DOMINION FREIGHT LINE 0.42%PACWEST BANCORP 0.42%AXIS CAPITAL HOLDINGS LTD 0.42%HANMI FINANCIAL CORPORATION 0.41%FIRST MIDWEST BANCORP INC/I 0.41%RAYMOND JAMES FINANCIAL INC 0.41%RUDOLPH TECHNOLOGIES INC 0.41%C&J ENERGY SERVICES INC 0.41%FLAGSTAR BANCORP INC 0.41%CAPSTEAD MORTGAGE CORP 0.40%ISHARES RUSSELL 2000 VALUE 0.40%COOPER TIRE & RUBBER 0.40%ON SEMICONDUCTOR CORPORATIO 0.40%KORN/FERRY INTERNATIONAL 0.39%GREEN DOT CORP-CLASS A 0.39%HANOVER INSURANCE GROUP INC 0.39%DIAMONDROCK HOSPITALITY CO 0.39%PLANTRONICS INC 0.39%Security% of PortfolioAMSURG CORP 0.38%TIVO INC 0.38%CORPORATE OFFICE PROPERTIES 0.38%CARRIZO OIL & GAS INC 0.37%TETRA TECH INC 0.37%CLEAN HARBORS INC 0.37%ASHFORD HOSPITALITY TRUST 0.37%AVX CORP 0.37%MKS INSTRUMENTS INC 0.37%WEIS MARKETS INC 0.37%WADDELL & REED FINANCIAL-A 0.37%PRIVATEBANCORP INC 0.36%FIRST INDUSTRIAL REALTY TR 0.36%GREEN PLAINS INC 0.35%CHARLES RIVER LABORATORIES 0.35%RBC BEARINGS INC 0.35%KAR AUCTION SERVICES INC 0.35%KOPPERS HOLDINGS INC 0.35%EASTGROUP PROPERTIES INC 0.34%NATL PENN BCSHS INC 0.34%PERKINELMER INC 0.34%HORACE MANN EDUCATORS 0.34%COMMERCIAL METALS CO 0.33%PINNACLE FINANCIAL PARTNERS 0.33%UNISYS CORP 0.33%EXAR CORP 0.33%WARREN RESOURCES INC 0.33%WORTHINGTON INDUSTRIES 0.33%PTC INC 0.33%TCF FINANCIAL CORP 0.33%HANCOCK HOLDING CO 0.33%ITT CORP 0.32%CASH AMERICA INTL INC 0.32%DANA HOLDING CORP 0.32%POTLATCH CORP 0.32%REDWOOD TRUST INC 0.32%HORSEHEAD HOLDING CORP 0.32%KADANT INC 0.32%DYNEGY INC 0.32%ZUMIEZ INC 0.32%SPANSION INC-CLASS A 0.31%WATTS WATER TECHNOLOGIES-A 0.31%MOVADO GROUP INC 0.31%TRIMAS CORP 0.31%MARINEMAX INC 0.31%MCDERMOTT INTL INC 0.31%AMERCO 0.31%ENDURANCE SPECIALTY HOLDING 0.30%DARLING INGREDIENTS INC 0.30%EDUCATION REALTY TRUST INC 0.30%FIRST REPUBLIC BANK/CA 0.30%INFINITY PROPERTY & CASUALT 0.30%COMPUWARE CORP 0.30%FIRST NBC BANK HOLDING CO 0.30%AST Portfolio Holdings537 of 635

AST Small-Cap Value Portfolio (continued)Security% of PortfolioBROADSOFT INC 0.29%MATTHEWS INTL CORP-CLASS A 0.29%TOMPKINS FINANCIAL CORP 0.29%MFA FINANCIAL INC 0.29%RF MICRO DEVICES INC 0.29%BURLINGTON STORES INC 0.28%MID-AMERICA APARTMENT COMM 0.28%RUSH ENTERPRISES INC-CL A 0.28%SNAP-ON INC 0.28%CYTEC INDUSTRIES INC 0.28%BENCHMARK ELECTRONICS INC 0.28%STONE ENERGY CORP 0.28%PROASSURANCE CORP 0.28%BIOMED REALTY TRUST INC 0.28%TETRA TECHNOLOGIES INC 0.28%MB FINANCIAL INC 0.28%KIMBALL INTERNATIONAL-B 0.28%INTERDIGITAL INC 0.27%HEARTLAND PAYMENT SYSTEMS I 0.27%GENERAL CABLE CORP 0.27%EAGLE BANCORP INC 0.27%EMPLOYERS HOLDINGS INC 0.27%ZEBRA TECHNOLOGIES CORP-CL 0.27%ABM INDUSTRIES INC 0.27%FIRST SOLAR INC 0.27%INVESTORS BANCORP INC. (NE 0.27%DCT INDUSTRIAL TRUST INC 0.27%LEXINGTON REALTY TRUST 0.27%CADENCE DESIGN SYS INC 0.27%ISHARES RUSSELL 2000 ETF 0.26%NUVASIVE INC 0.26%ENERSYS 0.26%HUNTINGTON INGALLS INDUSTRI 0.26%CONVERGYS CORP 0.26%HAWAIIAN HOLDINGS INC 0.25%REGAL-BELOIT CORP 0.25%MAIDEN HOLDINGS LTD 0.25%SUNSTONE HOTEL INVESTORS IN 0.25%PLATINUM UNDERWRITERS HLDGS 0.25%MOLINA HEALTHCARE INC 0.25%EQUITY ONE INC 0.25%CHIQUITA BRANDS INTL 0.25%UMB FINANCIAL CORP 0.24%OASIS PETROLEUM INC 0.24%FIRST HORIZON NATIONAL CORP 0.24%TREEHOUSE FOODS INC 0.24%CROSS COUNTRY HEALTHCARE IN 0.24%CALLAWAY GOLF COMPANY 0.24%GRAPHIC PACKAGING HOLDING C 0.24%DIGI INTERNATIONAL INC 0.24%ALLEGHENY TECHNOLOGIES INC 0.24%RTI INTERNATIONAL METALS IN 0.23%INNOPHOS HOLDINGS INC 0.23%RYLAND GROUP INC/THE 0.23%Security% of PortfolioEXPRESS INC 0.23%KEY ENERGY SERVICES INC 0.23%ARLINGTON ASSET INVESTMENT- 0.23%INTELIQUENT INC 0.23%TELEFLEX INC 0.23%TUTOR PERINI CORP 0.23%BERRY PLASTICS GROUP INC 0.22%RENEWABLE ENERGY GROUP INC 0.22%SENSIENT TECHNOLOGIES CORP 0.22%PIPER JAFFRAY COS 0.22%GREIF INC-CL A 0.22%EW SCRIPPS CO/THE-A 0.22%DIEBOLD INC 0.22%ALTRA INDUSTRIAL MOTION COR 0.22%SILGAN HOLDINGS INC 0.22%FAIRCHILD SEMICONDUCTOR INT 0.22%ANWORTH MORTGAGE ASSET CORP 0.21%WEBMD HEALTH CORP 0.21%MATSON INC 0.21%WILSHIRE BANCORP INC 0.21%AAR CORP 0.21%WESBANCO INC 0.21%BLACKSTONE MORTGAGE TRU-CL 0.21%HEALTHSOUTH CORP 0.21%IXIA 0.21%COGENT COMMUNICATIONS HOLDI 0.21%ENPRO INDUSTRIES INC 0.21%TELEDYNE TECHNOLOGIES INC 0.21%PENNYMAC MORTGAGE INVESTMEN 0.21%DELEK US HOLDINGS INC 0.21%EXLSERVICE HOLDINGS INC 0.21%WGL HOLDINGS INC 0.21%AMERICAN EAGLE OUTFITTERS 0.21%TIDEWATER INC 0.21%ULTRA CLEAN HOLDINGS INC 0.20%SOUTHWEST GAS CORP 0.20%PARKWAY PROPERTIES INC 0.20%NORTHERN OIL AND GAS INC 0.20%UMPQUA HOLDINGS CORP 0.20%AMKOR TECHNOLOGY INC 0.20%HELIX ENERGY SOLUTIONS GROU 0.20%SELECT COMFORT CORPORATION 0.20%ACTUANT CORP-A 0.20%MINERALS TECHNOLOGIES INC 0.20%COHERENT INC 0.20%ENGILITY HOLDINGS INC 0.20%CORESITE REALTY CORP 0.20%TEAM INC 0.20%BRIGGS & STRATTON 0.19%SKYWEST INC 0.19%WESTFIELD FINANCIAL INC 0.19%UNS ENERGY CORP 0.19%CVB FINANCIAL CORP 0.19%JONES LANG LASALLE INC 0.19%AST Portfolio Holdings538 of 635

AST Small-Cap Value Portfolio (continued)Security% of PortfolioCHILDREN'S PLACE INC/THE 0.19%STEEL DYNAMICS INC 0.19%SPARTANNASH CO 0.19%BILL BARRETT CORP 0.19%G & K SERVICES INC -CL A 0.19%ICONIX BRAND GROUP INC 0.19%ARCTIC CAT INC 0.19%CLOUD PEAK ENERGY INC 0.18%BELDEN INC 0.18%BOISE CASCADE CO 0.18%LACLEDE GROUP INC/THE 0.18%NEW JERSEY RESOURCES CORP 0.18%FIRST INTERSTATE BANCSYS/MT 0.18%SYMETRA FINANCIAL CORP 0.18%SALLY BEAUTY HOLDINGS INC 0.18%CASEY'S GENERAL STORES INC 0.17%QUAD GRAPHICS INC 0.17%BOSTON PRIVATE FINL HOLDING 0.17%AXIALL CORP 0.17%NATURAL GAS SERVICES GROUP 0.17%NORTHWEST NATURAL GAS CO 0.17%DILLARDS INC-CL A 0.16%MEN'S WEARHOUSE INC/THE 0.16%AMERISAFE INC 0.16%CUSTOMERS BANCORP INC 0.16%STERLING BANCORP/DE 0.16%KRATON PERFORMANCE POLYMERS 0.16%PRESTIGE BRANDS HOLDINGS IN 0.16%HAYNES INTERNATIONAL INC 0.16%AMERICAN CAMPUS COMMUNITIES 0.16%APPLIED INDUSTRIAL TECH INC 0.16%KELLY SERVICES INC -A 0.16%FIRST POTOMAC REALTY TRUST 0.16%NORTHWESTERN CORP 0.15%SCHULMAN (A.) INC 0.15%INTELSAT GLOBAL HOLDINGS S 0.15%RINGCENTRAL INC-CLASS A 0.15%GUESS? INC 0.15%VSE CORP 0.15%DIANA SHIPPING INC 0.15%MGE ENERGY INC 0.15%FEDERATED INVESTORS INC-CL 0.15%HFF INC-CLASS A 0.15%CABELA'S INC 0.15%STONERIDGE INC 0.15%GULF ISLAND FABRICATION INC 0.15%VAALCO ENERGY INC 0.14%UNITED STATIONERS INC 0.14%REPUBLIC AIRWAYS HOLDINGS I 0.14%BROWN SHOE COMPANY INC 0.14%SUPERIOR INDUSTRIES INTL 0.14%FIRST COMMONWEALTH FINL COR 0.14%INTEGRATED SILICON SOLUTION 0.14%EXCO RESOURCES INC 0.14%Security% of PortfolioCARPENTER TECHNOLOGY 0.14%INSIGHT ENTERPRISES INC 0.14%ALEXANDER & BALDWIN INC 0.14%ROSETTA RESOURCES INC 0.14%CARDINAL FINANCIAL CORP 0.14%ORION MARINE GROUP INC 0.14%CHESAPEAKE LODGING TRUST 0.14%VARONIS SYSTEMS INC 0.13%SOUTHWEST BANCORP INC/OKLA 0.13%GREENHILL & CO INC 0.13%HERMAN MILLER INC 0.13%TAKE-TWO INTERACTIVE SOFTWR 0.13%KITE REALTY GROUP TRUST 0.13%HYSTER-YALE MATERIALS 0.13%OFG BANCORP 0.13%RUTH'S HOSPITALITY GROUP IN 0.13%TEREX CORP 0.12%VERA BRADLEY INC 0.12%ABERCROMBIE & FITCH CO-CL A 0.12%EL PASO ELECTRIC CO 0.12%LTC PROPERTIES INC 0.12%UNIVERSAL ELECTRONICS INC 0.12%FOSTER (LB) CO-A 0.12%AMTRUST FINANCIAL SERVICES 0.12%CYNOSURE INC-A 0.12%STEELCASE INC-CL A 0.12%CBL & ASSOCIATES PROPERTIES 0.11%RAIT FINANCIAL TRUST 0.11%PINNACLE FOODS INC 0.11%PARKER DRILLING CO 0.11%ASPEN INSURANCE HOLDINGS LT 0.11%CATO CORP-CLASS A 0.11%ANDERSONS INC/THE 0.11%JOURNAL COMMUNICATIONS INC- 0.11%OXFORD INDUSTRIES INC 0.11%EMPIRE STATE REALTY TRUST-A 0.11%HILLTOP HOLDINGS INC 0.11%N B T BANCORP INC 0.11%IMPAX LABORATORIES INC 0.11%FORUM ENERGY TECHNOLOGIES I 0.11%REX AMERICAN RESOURCES CORP 0.11%ROCK TENN COMPANY -CL A 0.11%HOMESTREET INC 0.11%RESOURCES CONNECTION INC 0.11%PNM RESOURCES INC 0.10%POLYONE CORPORATION 0.10%COWEN GROUP INC-CLASS A 0.10%ASSURED GUARANTY LTD 0.10%RPX CORP 0.10%SKULLCANDY INC 0.10%FELCOR LODGING TRUST INC 0.10%WELLCARE HEALTH PLANS INC 0.10%GIBRALTAR INDUSTRIES INC 0.10%SEMTECH CORP 0.10%AST Portfolio Holdings539 of 635

AST Small-Cap Value Portfolio (continued)Security% of PortfolioPREFERRED BANK/LOS ANGELES 0.10%WESTAR ENERGY INC 0.10%SCIENTIFIC GAMES CORP-A 0.10%FIRST MERCHANTS CORP 0.10%JONES ENERGY INC - A 0.10%LANNETT CO INC 0.09%CEDAR REALTY TRUST INC 0.09%CENVEO INC 0.09%ETHAN ALLEN INTERIORS INC 0.09%ENERGY XXI BERMUDA 0.09%CBRE GROUP INC - A 0.09%US TREASURY N/B 11/30/2014 0.09%ION GEOPHYSICAL CORP 0.09%SNYDERS-LANCE INC 0.09%WSFS FINANCIAL CORP 0.09%INTERFACE INC 0.09%SUPERIOR ENERGY SERVICES IN 0.09%VIAD CORP 0.09%ELECTRONICS FOR IMAGING 0.09%INVESTMENT TECHNOLOGY GROUP 0.09%PEOPLES FINANCIAL SERVICES 0.09%CITY HOLDING CO 0.08%WCI COMMUNITIES INC 0.08%LITTELFUSE INC 0.08%GOODRICH PETROLEUM CORP 0.08%EXTRA SPACE STORAGE INC 0.08%ALPHA & OMEGA SEMICONDUCTOR 0.08%KIRKLAND'S INC 0.08%BGC PARTNERS INC-CL A 0.08%CYRUSONE INC 0.08%SELECTIVE INSURANCE GROUP 0.08%SWIFT TRANSPORTATION CO 0.08%BEL FUSE INC-CL B 0.08%LIFELOCK INC 0.08%WASHINGTON REIT 0.08%ARCBEST CORP 0.08%IMPERVA INC 0.08%EPR PROPERTIES 0.07%XOMA CORP 0.07%KNIGHTSBRIDGE TANKERS LTD 0.07%SUN COMMUNITIES INC 0.07%CYS INVESTMENTS INC 0.07%BROOKDALE SENIOR LIVING INC 0.07%INDEPENDENT BANK CORP/MA 0.07%THE GEO GROUP INC 0.07%ENTERPRISE FINANCIAL SERVIC 0.07%EAST WEST BANCORP INC 0.07%SOTHEBY'S 0.07%COMMUNITY TRUST BANCORP INC 0.07%CRACKER BARREL OLD COUNTRY 0.07%ULTRAGENYX PHARMACEUTICAL I 0.07%FIDELITY & GUARANTY LIFE 0.07%KINDRED HEALTHCARE INC 0.07%BASIC ENERGY SERVICES INC 0.07%Security% of PortfolioREMY INTERNATIONAL INC 0.07%BRADY CORPORATION - CL A 0.07%PARK-OHIO HOLDINGS CORP 0.07%CATALENT INC 0.07%WILLBROS GROUP INC 0.07%RESOLUTE FOREST PRODUCTS 0.07%CATHAY GENERAL BANCORP 0.07%GLOBAL BRASS & COPPER HOLDI 0.06%BLACK BOX CORP 0.06%WEBSTER FINANCIAL CORP 0.06%SUSSER HOLDINGS CORP 0.06%PACIFIC ETHANOL INC 0.06%CHEGG INC 0.06%LIFETIME BRANDS INC 0.06%SERVICEMASTER GLOBAL HOLDIN 0.06%COMMUNITY HEALTH SYSTEMS IN 0.06%EMPIRE DISTRICT ELECTRIC CO 0.06%CHATHAM LODGING TRUST 0.06%MATRIX SERVICE CO 0.06%SUSQUEHANNA BANCSHARES INC 0.06%AMERIS BANCORP 0.06%MEDICINES COMPANY 0.06%FIDELITY SOUTHERN CORP 0.05%CELLDEX THERAPEUTICS INC 0.05%FIRST FINANCIAL BANCORP 0.05%BANNER CORPORATION 0.05%SOUTH STATE CORP 0.05%WINTHROP REALTY TRUST 0.05%INTRALINKS HOLDINGS INC 0.05%LIVE NATION ENTERTAINMENT I 0.05%MAINSOURCE FINANCIAL GROUP 0.05%BANCO LATINOAMERICANO COME- 0.05%ASHFORD HOSPITALITY PRIME I 0.05%DAWSON GEOPHYSICAL CO 0.05%REVANCE THERAPEUTICS INC 0.05%HEIDRICK & STRUGGLES INTL 0.05%AMPHASTAR PHARMACEUTICALS I 0.05%AVID TECHNOLOGY INC 0.05%SPEEDWAY MOTORSPORTS INC 0.05%FIRST NIAGARA FINANCIAL GRP 0.05%RAMCO-GERSHENSON PROPERTIES 0.05%ROUNDY'S INC 0.05%CVR ENERGY INC 0.05%SEMGROUP CORP-CLASS A 0.05%FINANCIAL INSTITUTIONS INC 0.05%FIRST COMMUNITY BANCSHARES 0.05%TRIPLE-S MANAGEMENT CORP-B 0.05%STEINER LEISURE LTD 0.05%WORLD FUEL SERVICES CORP 0.05%RR DONNELLEY & SONS CO 0.05%STEWART INFORMATION SERVICE 0.05%ZEP INC 0.05%QUALITY DISTRIBUTION INC 0.05%GLOBE SPECIALTY METALS INC 0.04%AST Portfolio Holdings540 of 635

AST Small-Cap Value Portfolio (continued)Security% of PortfolioDOMTAR CORP 0.04%DEX MEDIA INC 0.04%CHESAPEAKE UTILITIES CORP 0.04%CHARTER FINANCIAL CORP 0.04%UNITED FIRE GROUP INC 0.04%PENN REAL ESTATE INVEST TST 0.04%FIRST CITIZENS BANCSHARES 0.04%PEOPLES BANCORP INC 0.04%GREAT SOUTHERN BANCORP INC 0.04%PROVIDENT FINANCIAL SERVICE 0.04%UNITIL CORP 0.04%MANNING & NAPIER INC 0.04%GREATBATCH INC 0.04%REVLON INC-CLASS A 0.04%FIRST DEFIANCE FINL CORP 0.04%FLUSHING FINANCIAL CORP 0.04%BBCN BANCORP INC 0.04%SINCLAIR BROADCAST GROUP -A 0.04%GSI GROUP INC 0.04%AMPCO-PITTSBURGH CORP 0.04%LASALLE HOTEL PROPERTIES 0.04%GOPRO INC-CLASS A 0.04%DIGITAL RIVER INC 0.04%YADKIN FINANCIAL CORP 0.03%TRUSTMARK CORP 0.03%AMERICAN STATES WATER CO 0.03%UIL HOLDINGS CORP 0.03%HOME PROPERTIES INC 0.03%DICERNA PHARMACEUTICALS INC 0.03%UNION BANKSHARES CORP 0.03%ACADIA REALTY TRUST 0.03%HORIZON BANCORP INDIANA 0.03%GLATFELTER 0.03%WEST BANCORPORATION 0.03%CARA THERAPEUTICS INC 0.03%MOOG INC-CLASS A 0.03%TRISTATE CAPITAL HLDGS INC 0.03%ORASURE TECHNOLOGIES INC 0.03%ARDELYX INC 0.03%FIREEYE INC 0.03%EROS INTERNATIONAL PLC 0.03%2U INC 0.03%CHEMICAL FINANCIAL CORP 0.03%COLUMBIA BANKING SYSTEM INC 0.03%CORE-MARK HOLDING CO INC 0.03%PENNYMAC FINANCIAL SERVICE- 0.03%FIRST BUSEY CORP 0.03%ARC DOCUMENT SOLUTIONS INC 0.03%SIMMONS FIRST NATL CORP-CL 0.03%TERRAFORM POWER INC - A 0.03%CENTURY COMMUNITIES INC 0.03%FIRST BANCORP PUERTO RICO 0.03%BANK OF MARIN BANCORP/CA 0.03%BERKSHIRE HILLS BANCORP INC 0.03%Security% of PortfolioSYSTEMAX INC 0.03%PERICOM SEMICONDUCTOR CORP 0.03%SIERRA BANCORP 0.03%TESCO CORP 0.03%DESTINATION MATERNITY CORP 0.03%PANHANDLE OIL AND GAS INC-A 0.03%GOVERNMENT PROPERTIES INCOM 0.03%TRANSATLANTIC PE 0.03%SCANSOURCE INC 0.03%TAYLOR CAPITAL GROUP INC 0.03%NELNET INC-CL A 0.03%SCHWEITZER-MAUDUIT INTL INC 0.03%GETTY REALTY CORP 0.03%AMC ENTERTAINMENT HLDS-CL A 0.02%REPUBLIC BANCORP INC-CLASS 0.02%ENTERCOM COMMUNICATIONS-CL 0.02%CONNECTONE BANCORP INC 0.02%KITE PHARMA INC 0.02%PARK STERLING CORP 0.02%CALIFORNIA WATER SERVICE GR 0.02%TRUPANION INC 0.02%CDI CORP 0.02%WESTERN REFINING INC 0.02%FIRST BUSINESS FINANCIAL SE 0.02%FIRST FINANCIAL CORP/INDIAN 0.02%ROKA BIOSCIENCE INC 0.02%CITIZENS & NORTHERN CORP 0.02%UNIVERSAL TRUCKLOAD SERVICE 0.02%STOCK YARDS BANCORP INC 0.02%IDT CORP-CLASS B 0.02%BARRY (R.G.) 0.02%ARMADA HOFFLER PROPERTIES I 0.02%PAYCOM SOFTWARE INC 0.02%INNOSPEC INC 0.02%ROUSE PROPERTIES INC 0.02%TOWNSQUARE MEDIA INC 0.02%PAYLOCITY CORP 0.02%KRONOS WORLDWIDE, INC. 0.02%XCERRA CORP 0.02%EZCORP INC-CL A 0.02%STANDEX INTERNATIONAL CORP 0.02%HURCO COMPANIES INC 0.02%ZAFGEN INC 0.02%COMMUNITYONE BANCORP 0.02%IMMUNE DESIGN CORP 0.02%ZS PHARMA INC 0.02%1ST SOURCE CORP 0.01%CENTRAL GARDEN AND PET CO-A 0.01%PROOFPOINT INC 0.01%FIRST OF LONG ISLAND CORP 0.01%MICHAELS COS INC/THE 0.01%BANK OF KENTUCKY FINL CORP 0.01%FRANKLIN STREET PROPERTIES 0.01%ARTESIAN RESOURCES CORP-CL 0.01%AST Portfolio Holdings541 of 635

AST Small-Cap Value Portfolio (continued)Security% of PortfolioSOUTH JERSEY INDUSTRIES 0.01%FIRST BANCORP/NC 0.01%GLOBANT SA 0.01%SAGE THERAPEUTICS INC 0.01%BNC BANCORP 0.01%MARKIT LTD 0.01%NN INC 0.01%GERMAN AMERICAN BANCORP 0.01%APPLIED GENETIC TECHNOLOGIE 0.01%FIVE9 INC 0.01%HAWKINS INC 0.01%IMPRIVATA INC 0.01%BANKFINANCIAL CORP 0.01%INTERSECT ENT INC 0.01%TUBEMOGUL INC 0.01%FUTUREFUEL CORP 0.01%AUDIENCE INC 0.01%OCEANFIRST FINANCIAL CORP 0.01%AEGERION PHARMACEUTICALS IN 0.01%FLEXION THERAPEUTICS INC < 0.01%HAMPTON ROADS BANKSHARES IN < 0.01%WESTMORELAND COAL CO < 0.01%AUSPEX PHARMACEUTICALS INC < 0.01%TELENAV INC < 0.01%Q2 HOLDINGS INC < 0.01%OPOWER INC < 0.01%MERCHANTS BANCSHARES INC < 0.01%GSE HOLDING INC < 0.01%AST Portfolio Holdings542 of 635

AST T. Rowe Price Asset Allocation PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 10.53%ESU4 S&P 500 EMINI FUT 9/24/2014 3.70%US TREASURY N/B 2/28/2017 1.60%TYU4S US 10YR NOTE (CBT) 9/24/2014 1.56%US TREASURY N/B 11/30/2017 1.36%APPLE INC 1.06%TYU4 US 10YR NOTE (CBT) 10/05/2014 0.80%EXXON MOBIL CORP 0.75%TUU4 US 2YR NOTE (CBT) 10/08/2014 0.75%FVU4 US 5YR NOTE (CBT) 10/08/2014 0.70%MICROSOFT CORP 0.65%US TREASURY N/B 2/15/2043 0.58%US TREASURY N/B 5/31/2019 0.55%JPMORGAN CHASE & CO 0.54%JOHNSON & JOHNSON 0.44%CITIGROUP INC 0.44%WNU4 US ULTRA BOND (CBT) 10/05/2014 0.42%VGU4 EURO STOXX 50 9/23/2014 0.41%WELLS FARGO & CO 0.40%VISA INC-CLASS A SHARES 0.40%PEPSICO INC 0.39%PROCTER & GAMBLE CO/THE 0.38%QUALCOMM INC 0.37%GENERAL ELECTRIC CO 0.37%PHILIP MORRIS INTERNATIONAL 0.36%BANK OF AMERICA CORP 0.36%Z U4 FTSE 100 IDX FUT 9/24/2014 0.35%VERIZON COMMUNICATIONS INC 0.35%BOEING CO/THE 0.35%GOOGLE INC-CL A 0.33%US T-BILL 0.05% 10/16/2014 0.33%GOOGLE INC-CL C 0.32%CHEVRON CORP 0.32%GILEAD SCIENCES INC 0.31%AMAZON.COM INC 0.29%MERCK & CO. INC. 0.29%TSY INFL IX N/B 1/15/2024 0.29%SCHLUMBERGER LTD 0.29%ECOLAB INC 0.28%NESTLE SA-REG 0.27%US TREASURY N/B 8/15/2014 0.27%FANNIE MAE 1/01/2042 0.27%BAYER AG-REG 0.27%ROYAL DUTCH SHELL PLC-ADR 0.26%CISCO SYSTEMS INC 0.26%FACEBOOK INC-A 0.26%NOVARTIS AG-REG 0.25%COCA-COLA CO/THE 0.25%DANAHER CORP 0.24%FANNIE MAE 1/01/2042 0.24%RTAU4 RUSSELL 2000 MINI 9/19/2014 0.24%SIMON PROPERTY GROUP INC 0.24%TPU4 TOPIX INDX FUTR 9/17/2014 0.24%3M CO 0.24%Security% of PortfolioTSY INFL IX N/B 4/15/2017 0.23%STATE STREET CORP 0.23%WAL-MART STORES INC 0.22%MASTERCARD INC-CLASS A 0.22%UNITED TECHNOLOGIES CORP 0.22%INTL BUSINESS MACHINES CORP 0.22%RED HAT INC 0.22%MFSU4 ICUS MINI ESCI EAFE 9/24/2014 0.22%UNILEVER PLC 0.22%ABBVIE INC 0.22%AMERICAN EXPRESS CO 0.21%APACHE CORP 0.21%PRICELINE GROUP INC/THE 0.21%XL GROUP PLC 0.21%WALT DISNEY CO/THE 0.20%DELPHI AUTOMOTIVE PLC 0.20%GLAXOSMITHKLINE PLC-SPON AD 0.20%TIME WARNER CABLE 0.20%AT&T INC 0.20%US TREASURY N/B 10/31/2018 0.20%GOVERNMENT NATIONAL MORTGAG 5/20/2044 0.19%METLIFE INC 0.19%MORGAN STANLEY 0.19%PFIZER INC 0.19%TWENTY-FIRST CENTURY FOX-A 0.18%APPLIED MATERIALS INC 0.18%COMCAST CORP-CLASS A 0.18%ORACLE CORP 0.18%MORGAN STANLEY 2/25/2023 0.18%WPP PLC 0.18%RUSSIAN FEDERATION 2.25 3/31/2030 0.18%ANADARKO PETROLEUM CORP 0.18%UNITEDHEALTH GROUP INC 0.17%ELI LILLY & CO 0.17%ROCHE HOLDING AG-GENUSSCHEI 0.17%BIOGEN IDEC INC 0.17%MCKESSON CORP 0.17%AXA SA 0.17%DELTA AIR LINES INC 0.17%HESS CORP 0.16%VOLKSWAGEN AG-PREF 0.16%HOME DEPOT INC 0.16%AMERICAN AIRLINES GROUP INC 0.16%AUST AND NZ BANKING GROUP 0.16%AUTODESK INC 0.16%BHP BILLITON PLC 0.16%FEDEX CORP 0.16%VIACOM INC-CLASS B 0.16%SHERWIN-WILLIAMS CO/THE 0.16%MONDELEZ INTERNATIONAL INC- 0.16%STARBUCKS CORP 0.15%ALLERGAN INC 0.15%PIONEER NATURAL RESOURCES C 0.15%LAM RESEARCH CORP 0.15%AST Portfolio Holdings543 of 635

AST T. Rowe Price Asset Allocation Portfolio (continued)Security% of PortfolioWESTERN DIGITAL CORP 0.15%CVS CAREMARK CORP 0.15%PHILLIPS 66 0.15%BHP BILLITON LTD 0.15%MARSH & MCLENNAN COS 0.15%STATOIL ASA 0.15%VERIZON COMM INC 9/15/2033 0.15%FANNIE MAE 1/01/2042 0.15%NIPPON TELEGRAPH & TELEPHON 0.14%FANNIE MAE 10/01/2042 0.14%FANNIE MAE 8/01/2038 0.14%FANNIE MAE 1/01/2033 0.14%HUTCHISON WHAMPOA LTD 0.14%MONSANTO CO 0.14%US TREASURY N/B 2/15/2031 0.14%ROYAL DUTCH SHELL PLC-ADR 0.14%US TREASURY N/B 6/30/2016 0.14%ACTAVIS PLC 0.14%AVALONBAY COMMUNITIES INC 0.14%GEN ELEC CAP CRP 2/11/2021 0.14%FANNIE MAE 1/01/2034 0.14%ABBOTT LABORATORIES 0.13%P G & E CORP 0.13%AMERICAN TOWER CORP 0.13%AGILENT TECHNOLOGIES INC 0.13%PRAXAIR INC 0.13%NIKE INC -CL B 0.13%CARMAX INC 0.13%FRESENIUS SE & CO KGAA 0.13%TOYOTA MOTOR CORP 0.13%STANDARD CHARTERED PLC 0.13%VORNADO REALTY TRUST 0.13%GOVERNMENT NATIONAL MORTGAG 5/20/2043 0.13%THERMO FISHER SCIENTIFIC IN 0.13%FANNIE MAE 11/01/2043 0.12%FLOWSERVE CORP 0.12%COSTCO WHOLESALE CORP 0.12%SSE PLC 0.12%DNB ASA 0.12%BNP PARIBAS 0.12%NRG ENERGY INC 0.12%SIEMENS AG-REG 0.12%TSY INFL IX N/B 2/15/2044 0.12%VODAFONE GROUP PLC-SP ADR 0.12%BERKSHIRE HATHAWAY INC-CL B 0.12%DISCOVER FINANCIAL SERVICES 0.12%HARLEY-DAVIDSON INC 0.12%AMGEN INC 0.12%TSY INFL IX N/B 7/15/2015 0.12%MITSUBISHI ELECTRIC CORP 0.11%L'OREAL 0.11%AES CORP 0.11%PRECISION CASTPARTS CORP 0.11%NORTHERN TRUST CORP 0.11%Security% of PortfolioKERING 0.11%US TREASURY N/B 2/15/2040 0.11%TYCO INTERNATIONAL LTD 0.11%JPMORGAN CHASE 1/24/2022 0.11%NISOURCE INC 0.11%LYONDELLBASELL INDU-CL A 0.11%TSY INFL IX N/B 1/15/2015 0.11%NATIONAL GRID PLC 0.11%RANGE RESOURCES CORP 0.11%MUENCHENER RUECKVER AG-REG 0.11%UNITED CONTINENTAL HOLDINGS 0.11%AMERICAN ELECTRIC POWER 0.11%CIE FINANCIERE RICHEMON-REG 0.11%US TREASURY N/B 8/31/2015 0.11%AUTOMATIC DATA PROCESSING 0.11%COMPASS GROUP 0.11%NETFLIX INC 0.11%USU4S US LONG BONG (CBT) 10/05/2014 0.11%JOHNSON CONTROLS INC 0.11%BANK OF AMER CRP 1/11/2018 0.11%XPU4 SPI 200 FUTURES 9/24/2014 0.11%KELLOGG CO 0.11%LEGRAND SA 0.11%BAYERISCHE MOTOREN WERKE AG 0.11%ACCENTURE PLC-CL A 0.11%ASTELLAS PHARMA INC 0.10%STRYKER CORP 0.10%CENTRAL JAPAN RAILWAY CO 0.10%GOLDMAN SACHS GP 2/15/2019 0.10%CELANESE CORP-SERIES A 0.10%FANNIE MAE 4/01/2043 0.10%BASF SE 0.10%MARTIN MARIETTA MATERIALS 0.10%AIRGAS INC 0.10%ALEXION PHARMACEUTICALS INC 0.10%KONINKLIJKE PHILIPS NV 0.10%WELLPOINT INC 0.10%BROADCOM CORP-CL A 0.10%PETROLEOS DE VEN 11/02/2017 0.10%FORD MOTOR CRED 2/01/2021 0.10%FANNIE MAE 1/01/2040 0.10%AETNA INC 0.10%EQT CORP 0.10%CROWN CASTLE INT 0.10%PERSIMMON PLC 0.10%INTERCONTINENTAL EXCHANGE I 0.10%FANNIE MAE 4/01/2028 0.10%DBS GROUP HOLDINGS LTD 0.10%CHIPOTLE MEXICAN GRILL INC 0.10%SVENSKA HANDELSBANKEN-A SHS 0.10%TEXTRON INC 0.10%FANNIE MAE 1/01/2043 0.10%DIRECT LINE INSURANCE GROUP 0.10%ING GROEP NV-CVA 0.10%AST Portfolio Holdings544 of 635

AST T. Rowe Price Asset Allocation Portfolio (continued)Security% of PortfolioCONCHO RESOURCES INC 0.10%TAIWAN SEMICONDUCTOR MANUFA 0.10%FANNIE MAE 3/01/2043 0.09%PROGRESSIVE CORP 0.09%BRAZIL NTN-F 1/01/2017 0.09%NEWS CORP - CLASS A 0.09%GOVERNMENT NATIONAL MORTGAG 1/20/2043 0.09%GDF SUEZ 0.09%FREDDIE MAC 1/01/2043 0.09%PETROLEOS DE VEN 10/28/2016 0.09%HALLIBURTON CO 0.09%LLOYDS BANKING GROUP PLC 0.09%BRITISH SKY BROADCASTING GR 0.09%BBVA BANCOMER SA 4/10/2024 0.09%ENERGIZER HOLDINGS INC 0.09%TESCO PLC 0.09%DISCOVERY COMMUNICATIONS-C 0.09%BLACKROCK INC 0.09%OCCIDENTAL PETROLEUM CORP 0.09%STARWOOD HOTELS & RESORTS 0.09%COVIDIEN PLC 0.09%FEDERAL REALTY INVS TRUST 0.09%UNITED PARCEL SERVICE-CL B 0.09%CELGENE CORP 0.09%WALGREEN CO 0.09%TELEFONICA SA 0.09%GOVERNMENT NATIONAL MORTGAG 1/20/2036 0.09%AP MOELLER-MAERSK A/S-B 0.09%BAIDU INC - SPON ADR 0.09%FREDDIE MAC 3/01/2043 0.09%SWEDBANK AB - A SHARES 0.09%BRISTOL-MYERS SQUIBB CO 0.09%GENERAL MILLS INC 0.09%FANNIE MAE 12/01/2040 0.09%UNITED OVERSEAS BANK LTD 0.09%CIMAREX ENERGY CO 0.09%LOWE'S COS INC 0.09%HUMANA INC 0.09%AMERIPRISE FINANCIAL INC 0.09%ROLLS-ROYCE HOLDINGS PLC 0.09%MEXICAN BONOS 11/13/2042 0.09%ENI SPA 0.08%ALTERA CORP 0.08%WYNN RESORTS LTD 0.08%LAS VEGAS SANDS CORP 0.08%FANNIE MAE 1/01/2043 0.08%TRW AUTOMOTIVE HOLDINGS COR 0.08%SUZUKI MOTOR CORP 0.08%ASAHI KASEI CORP 0.08%SUMITOMO MITSUI TRUST HOLDI 0.08%TOKIO MARINE HOLDINGS INC 0.08%GENERAL MOTORS CO 0.08%TELECOM ITALIA-RSP 0.08%FANNIE MAE 10/01/2027 0.08%Security% of PortfolioPERNOD RICARD SA 0.08%CC HOLDINGS GS V 4/15/2023 0.08%HONDA MOTOR CO LTD 0.08%ENERGY TRAN PTNR 2/01/2023 0.08%MACQUARIE GROUP LTD 0.08%FANNIE MAE 3/01/2043 0.08%SPECTRA ENERGY CORP 0.08%FAMILYMART CO LTD 0.08%QVC INC 4/01/2019 0.08%GAM HOLDING AG 0.08%WW GRAINGER INC 0.08%L BRANDS INC 0.08%CITRIX SYSTEMS INC 0.08%ARCHER-DANIELS-MIDLAND CO 0.08%INTESA SANPAOLO 0.08%FANNIE MAE 10/01/2042 0.08%BANC OF AMERICA COMMERCIAL 7/10/2044 0.08%FREDDIE MAC 9/01/2042 0.08%JP MORGAN CHASE COMMERCIAL 2/15/2051 0.08%FANNIE MAE 5/01/2042 0.08%HUBBELL INC -CL B 0.08%BANC OF AMERICA COMMERCIAL 9/10/2047 0.08%MITSUBISHI UFJ FINANCIAL GR 0.08%NBCUNIVERSAL MED 1/15/2023 0.08%GOVERNMENT NATIONAL MORTGAG 2/20/2043 0.08%SUN LIFE FINANCIAL INC 0.08%FANNIE MAE 11/01/2040 0.08%VERIZON COMM INC 9/15/2023 0.08%VULCAN MATERIALS CO 0.07%BRAZIL NTN-B 5/15/2017 0.07%GKN PLC 0.07%AISIN SEIKI CO LTD 0.07%FANNIE MAE 8/01/2037 0.07%E.ON SE 0.07%FIDELITY NATIONAL INFORMATI 0.07%FANNIE MAE 12/01/2040 0.07%DCC PLC 0.07%DIRECTV 0.07%AVAGO TECHNOLOGIES LTD 0.07%RIO TINTO LTD 0.07%SYSCO CORP 0.07%MITSUBISHI CORP 0.07%MERRILL LYNCH MORTGAGE TRUS 2/12/2051 0.07%TD AMERITRADE HOLDING CORP 0.07%BECTON DICKINSON AND CO 0.07%TAKEDA PHARMACEUTICAL CO LT 0.07%GOVERNMENT NATIONAL MORTGAG 10/20/2040 0.07%FANNIE MAE 11/01/2042 0.07%INTERNATIONAL PAPER CO 0.07%VERISIGN INC 0.07%CONOCOPHILLIPS 0.07%MITSUI & CO LTD 0.07%FANNIE MAE 2/01/2036 0.07%NATIONAL OILWELL VARCO INC 0.07%AST Portfolio Holdings545 of 635

AST T. Rowe Price Asset Allocation Portfolio (continued)Security% of PortfolioROSS STORES INC 0.07%FANNIE MAE 10/01/2043 0.07%FANNIE MAE 5/01/2041 0.07%ALLIANZ SE-REG 0.07%SAMSUNG ELECTRONICS CO LTD 0.07%GOVERNMENT NATIONAL MORTGAG 12/20/2042 0.07%AMERICA MOVIL-ADR SERIES L 0.07%ABB LTD-REG 0.07%PERRIGO CO PLC 0.07%SOFTBANK CORP 0.07%MARKS & SPENCER GROUP PLC 0.07%JP MORGAN CHASE COMMERCIAL 2/12/2049 0.07%FREEPORT-MCMORAN INC 0.07%CREDIT SUISSE 8/08/2023 0.07%FANNIE MAE 10/01/2041 0.07%PETROLEOS MEXICA 6/02/2041 0.07%AVON PRODUCTS INC 0.07%VERTEX PHARMACEUTICALS INC 0.07%T-MOBILE US INC 0.07%ROYAL BK SCOTLND 1/11/2021 0.07%ST JUDE MEDICAL INC 0.07%GOLDMAN SACHS GP 7/08/2024 0.07%CONTINENTAL RES 9/15/2022 0.06%CALPINE CORP 0.06%ESTEE LAUDER COMPANIES-CL A 0.06%AIA GROUP LTD 0.06%EUTELSAT COMMUNICATIONS 0.06%MCDONALD'S CORP 0.06%UMICORE 0.06%SWISS LIFE HOLDING AG-REG 0.06%STOREBRAND ASA 0.06%TENCENT HOLDINGS 5/02/2019 0.06%GOVERNMENT NATIONAL MORTGAG 1/01/2035 0.06%KOHLS CORP 0.06%CENTERPOINT ENERGY INC 0.06%ORIGIN ENER FIN 10/09/2018 0.06%UNIBAIL-RODAMCO SE 0.06%PING AN INSURANCE GROUP CO- 0.06%LIBERTY GLOBAL-C 0.06%FREDDIE MAC 1/01/2035 0.06%VERIZON COMM INC 3/15/2034 0.06%ASML HOLDING NV 0.06%JP MORGAN CHASE COMMERCIAL 2/12/2049 0.06%FIRSTENERGY CORP 0.06%MOTOROLA SOLUTIONS INC 0.06%INTESA SANPAOLO 6/26/2024 0.06%TIME WARNER CABL 4/01/2019 0.06%CREDIT SUISSE GROUP AG-REG 0.06%ENTERGY CORP 0.06%SOUTH AFRICA 9/16/2025 0.06%SCENTRE GROUP 0.06%NORDEA BANK AB 5/13/2021 0.06%WHOLE FOODS MARKET INC 0.06%BARCLAYS PLC-SPONS ADR 0.06%Security% of PortfolioWILMAR INTERNATIONAL LTD 0.06%PUBLIC STORAGE 0.06%CSL LTD 0.06%KIRIN HOLDINGS CO LTD 0.06%CARNIVAL CORP 0.06%VENEZUELA 8/23/2022 0.06%HCA INC 2/15/2022 0.06%COMMERZBANK AG 0.06%SL GREEN REALTY CORP 0.06%GOVERNMENT NATIONAL MORTGAG 2/20/2041 0.06%MACY'S INC 0.06%FREDDIE MAC 3/01/2043 0.06%TARGET CORP 0.06%JP MORGAN CHASE COMMERCIAL 6/12/2047 0.06%CAREFUSION CORP 0.06%CAMERON INTERNATIONAL CORP 0.06%KINGFISHER PLC 0.06%BRAZIL NTN-B 8/15/2024 0.06%E*TRADE FINANCIAL CORP 0.06%BALL CORP 0.06%COGNIZANT TECH SOLUTIONS-A 0.06%ROYAL BANK OF SCOTLAND GROU 0.06%FREDDIE MAC 7/01/2035 0.06%HANESBRANDS INC 0.06%CKE RESTAURANTS HOLDINGS IN 3/20/2043 0.06%DR PEPPER SNAPPLE GROUP INC 0.06%CITIGROUP COMMERCIAL MORTGA 5/10/2047 0.06%WEYERHAEUSER CO 0.06%CATERPILLAR INC 0.06%SONY FINANCIAL HOLDINGS INC 0.06%GENERAL GROWTH PROPERTIES 0.06%ARGNT BONAR 5/07/2024 0.06%DOMINOS PIZZA MASTER ISSUER 1/25/2042 0.05%UNUM GROUP 3/15/2024 0.05%BPCE 7/21/2024 0.05%WYNN MACAU LTD 0.05%BANC OF AMERICA COMMERCIAL 2/10/2051 0.05%CREDIT AGRICOLE 4/15/2019 0.05%LPL FINANCIAL HOLDINGS INC 0.05%LYONDELLBASELL 4/15/2019 0.05%NUCOR CORP 0.05%UNTD AIR 14-2 A 9/03/2026 0.05%FANNIE MAE 7/01/2035 0.05%FANNIE MAE 6/01/2027 0.05%AVIS BUDGET RENTAL CAR FUND 7/20/2020 0.05%HONEYWELL INTERNATIONAL INC 0.05%UKRAINE GOVT 11/21/2016 0.05%US TREASURY N/B 4/30/2016 0.05%SPRINT CORP 6/15/2024 0.05%BOUYGUES SA 0.05%PETROLEOS MEXICA 6/27/2044 0.05%ALCOA INC 0.05%PPL CAPITAL FDG 12/01/2022 0.05%RPM INTERNATIONAL INC 0.05%AST Portfolio Holdings546 of 635

AST T. Rowe Price Asset Allocation Portfolio (continued)Security% of PortfolioCMS ENERGY CORP 0.05%CNA FINANCIAL 8/15/2020 0.05%DENTSPLY INTERNATIONAL INC 0.05%ELEKTA AB-B SHS 0.05%TENCENT HOLDINGS LTD 0.05%NORDEA BANK AB 0.05%GOVERNMENT NATIONAL MORTGAG 1/01/2041 0.05%ZOETIS INC 0.05%HAMAMATSU PHOTONICS KK 0.05%GN STORE NORD A/S 0.05%CAPITAL AUTO RECEIVABLES AS 4/20/2018 0.05%CME GROUP INC 0.05%PETROBRAS INTL 1/20/2020 0.05%BEAR STEARNS COMMERCIAL MOR 6/11/2050 0.05%PANASONIC CORP 0.05%FANNIE MAE 12/01/2039 0.05%CAPITAL AUTO RECEIVABLES AS 3/20/2018 0.05%AUTOZONE INC 0.05%SMART TRUST 3/14/2018 0.05%WILLIAMS COS INC 6/24/2024 0.05%MITSUI FUDOSAN CO LTD 0.05%AMERICREDIT AUTOMOBILE RECE 5/08/2019 0.05%CHINA OILFIELD SERVICES-H 0.05%BANC OF AMERICA COMMERCIAL 2/10/2051 0.05%CITIBANK CREDIT CARD ISSUAN 5/26/2020 0.05%PRUDENTIAL PLC 0.05%FANNIE MAE 10/01/2040 0.05%GOVERNMENT NATIONAL MORTGAG 3/20/2041 0.05%CAPITAL AUTO RECEIVABLES AS 10/22/2018 0.05%LIBERTY MUTUAL 8/01/2044 0.05%FANNIE MAE 3/01/2037 0.05%US BANCORP 0.05%TOLL HOLDINGS LTD 0.05%UNITED MEXICAN 3/08/2044 0.05%THK CO LTD 0.05%FREDDIE MAC 4/01/2041 0.05%MICHAEL KORS HOLDINGS LTD 0.05%NBCUNIVERSAL MED 1/15/2043 0.05%TRIMBLE NAVIGATION LTD 0.05%ASML HOLDING NV-NY REG SHS 0.05%MITSUBISHI MOTORS CORP 0.05%DELPHI CORP 2/15/2023 0.05%FIRSTENERGY TRAN 1/15/2025 0.05%KANSAS CITY SOUT 5/15/2043 0.05%GCCFC COMMERCIAL MORTGAGE T 3/10/2039 0.05%INDONESIA (REP) 5/05/2021 0.05%MORGAN STANLEY 11/24/2025 0.05%MORGAN STANLEY 4/25/2018 0.05%VMWARE INC-CLASS A 0.05%SEMBCORP INDUSTRIES LTD 0.05%KAKAKU.COM INC 0.04%FANNIE MAE 11/01/2042 0.04%SSAB AB-A SHARES 0.04%SANTANDER UK PLC 11/07/2023 0.04%Security% of PortfolioCANON INC 0.04%NAVER CORP 0.04%GOLDMAN SACHS GP 1/22/2018 0.04%ROPER INDUSTRIES INC 0.04%AMER AIRLINES 20 1/15/2023 0.04%MERRILL LYNCH 1/29/2037 0.04%AVNET INC 6/15/2020 0.04%INTUITIVE SURGICAL INC 0.04%IRON MOUNTAIN INC 0.04%FNF GROUP 0.04%DOW CHEMICAL CO/THE 0.04%AUTOLIV INC-SWED DEP RECEIP 0.04%RITE AID CORP 0.04%FANNIE MAE 3/01/2040 0.04%WPX ENERGY INC 0.04%FREDDIE MAC 6/01/2043 0.04%M & T BANK CORP 0.04%GOVERNMENT NATIONAL MORTGAG 10/20/2042 0.04%MARSH & MCLENNAN 6/03/2024 0.04%BURLINGTON NORTH 9/01/2043 0.04%FANNIE MAE 4/01/2043 0.04%FANNIE MAE 4/01/2028 0.04%EBAY INC 0.04%CNA FINANCIAL CORP 0.04%RIO TINTO PLC 0.04%TALISMAN ENERGY INC 0.04%BANK OF AMER CRP 1/11/2023 0.04%SERBIA REPUBLIC 9/28/2021 0.04%HILTON WORLDWIDE HOLDINGS I 0.04%SANDISK CORP 0.04%FANNIE MAE 1/01/2027 0.04%UNIVISION COMM 5/15/2023 0.04%TURKEY REP OF 3/25/2022 0.04%SIRIUS XM RADIO 8/15/2022 0.04%BARCLAYS BK PLC 10/14/2020 0.04%PERRIGO CO PLC 11/08/2018 0.04%NABORS INDS INC 9/15/2021 0.04%JP MORGAN CHASE COMMERCIAL 5/15/2047 0.04%ATMEL CORP 0.04%FANNIE MAE 12/01/2040 0.04%SONOVA HOLDING AG-REG 0.04%WM WRIGLEY JR CO 10/21/2018 0.04%LONDON STOCK EXCHANGE GROUP 0.04%GE CAPITAL CREDIT CARD MAST 8/17/2020 0.04%GLENCORE PLC 0.04%MIRACA HOLDINGS INC 0.04%GOVERNMENT NATIONAL MORTGAG 1/01/2042 0.04%WESTERN GAS 7/01/2022 0.04%LLOYDS BANK PLC 9/14/2020 0.04%PETROLEOS MEXICA 7/18/2018 0.04%COMM MORTGAGE TRUST 12/10/2046 0.04%FANNIE MAE 11/01/2040 0.04%UNIV OF CALIFORNIA CA REVEN 5/15/2031 0.04%WORLD DUTY FREE SPA 0.04%AST Portfolio Holdings547 of 635

AST T. Rowe Price Asset Allocation Portfolio (continued)Security% of PortfolioDEUTSCHE BANK AG-REGISTERED 0.04%GOVERNMENT NATIONAL MORTGAG 2/20/2040 0.04%BOSTON SCIENTIFIC CORP 0.04%BAA FUNDING LTD 7/15/2021 0.04%COMCAST CORP 8/15/2037 0.04%LOJAS RENNER S.A. 0.04%AKAMAI TECHNOLOGIES INC 0.04%INTL PAPER CO 2/15/2022 0.04%FIRST DATA CORP 1/15/2021 0.04%FANNIE MAE 11/01/2042 0.04%NOBLE ENERGY INC 12/15/2021 0.04%VERIZON COMM INC 9/15/2020 0.04%GOVERNMENT NATIONAL MORTGAG 1/20/2041 0.04%FANNIE MAE 7/01/2036 0.04%WALT DISNEY CO 12/01/2017 0.04%FANNIE MAE 1/01/2027 0.04%FANNIE MAE 4/01/2036 0.04%TELSTRA CORP LTD 0.04%COMM MORTGAGE TRUST 12/10/2049 0.04%BRAZIL REP OF 1/07/2041 0.04%JACOBS ENGINEERING GROUP IN 0.04%GOLDMAN SACHS GP 1/24/2022 0.04%PORT AUTH OF NEW YORK & NEW 10/01/2062 0.04%REP SOUTH AFRICA 2/28/2023 0.04%VALERO ENERGY CORP 0.04%FANNIE MAE 3/01/2041 0.04%STANLEY BLACK & DECKER INC 0.04%GOVERNMENT NATIONAL MORTGAG 5/20/2040 0.04%ALCATEL-LUCENT 0.04%TOKYO ELECTRON LTD 0.04%BEACH ENERGY LTD 0.04%MURPHY OIL CORP 0.04%LINKEDIN CORP - A 0.04%BARRY CALLE SVCS 6/15/2023 0.04%FANNIE MAE 6/01/2042 0.04%VENEZUELA 8/05/2031 0.04%KERRY PROPERTIES LTD 0.04%FANNIE MAE 10/01/2038 0.03%BPCE 7/15/2019 0.03%BERMUDA-GOVT OF 2/06/2024 0.03%EQUIFAX INC 0.03%INDONESIA (REP) 4/25/2022 0.03%LENNAR CORP-A 0.03%PETROLEOS DE VEN 4/12/2017 0.03%NORTHEAST UTILITIES 0.03%BANK OF AMER CRP 3/22/2017 0.03%DOLLAR TREE INC 0.03%INVESCO LTD 0.03%FANNIE MAE 8/01/2040 0.03%BANK OF AMER CRP 5/01/2018 0.03%FREDDIE MAC 5/01/2043 0.03%DEUTSCHE BOERSE AG 0.03%FREDDIE MAC 1/01/2038 0.03%RUSSIA-EUROBOND 4/04/2022 0.03%Security% of PortfolioFANNIE MAE 2/01/2034 0.03%CCO HOLDINGS LLC 1/31/2022 0.03%TURKEY REP OF 3/30/2021 0.03%JP MORGAN CHASE COMMERCIAL 2/15/2051 0.03%PETROLEOS DE VEN 11/17/2021 0.03%GSAA HOME EQUITY TRUST 6/25/2035 0.03%GOVERNMENT NATIONAL MORTGAG 12/20/2042 0.03%CDX EM CDS1 S21 5Y 6/20/2019 0.03%CHESAPEAKE ENRGY 3/15/2023 0.03%TIME WARNER CABL 5/01/2037 0.03%QUANTA SERVICES INC 0.03%CHASE ISSUANCE TRUST 4/15/2021 0.03%FANNIE MAE 8/01/2035 0.03%RABOBANK 12/01/2023 0.03%FANNIE MAE 12/01/2041 0.03%PROLOGIS INC 0.03%EMC CORP/MA 0.03%IFC DEVELOPMENT 5/21/2019 0.03%KFW 4/19/2016 0.03%CROWN CASTLE TOW 1/15/2020 0.03%NORDSTROM PRVT LABEL CREDIT 11/15/2019 0.03%AMER INTL GROUP 2/15/2024 0.03%FANNIE MAE 9/01/2039 0.03%NEWELL RUBBERMAI 12/01/2017 0.03%PETROLEO BRASIL-SP PREF AD 0.03%CHALLENGER LTD 0.03%INFORMA PLC 0.03%ZIGGO NV 0.03%FANNIE MAE 11/01/2028 0.03%EQT CORP 6/01/2019 0.03%DANSKE BANK A/S 0.03%ALTRIA GROUP INC 0.03%SUN HUNG KAI PRO 1/16/2023 0.03%PHILADELPHIA PA AUTH FOR IN 4/15/2026 0.03%CHESAPEAKE ENERGY CORP 0.03%GOLDMAN SACHS GP 1/22/2023 0.03%INTESA SANPAOLO 1/15/2016 0.03%FANNIE MAE 7/01/2036 0.03%FANNIE MAE 9/01/2027 0.03%COLGATE-PALMOLIVE CO 0.03%AGNICO EAGLE MINES LTD 0.03%AVIS BUDGET RENTAL CAR FUND 9/20/2019 0.03%GRAIN SPECTRUM 10/10/2018 0.03%GE EQUIPMENT SMALL TICKET L 2/24/2017 0.03%TURKEY REP OF 9/26/2022 0.03%BAIDU INC 6/09/2019 0.03%PSALM 12/02/2024 0.03%YUM! BRANDS INC 0.03%GCCFC COMMERCIAL MORTGAGE T 3/10/2039 0.03%WPP FINANCE 2010 11/21/2021 0.03%WACHOVIA BANK COMMERCIAL MO 5/15/2046 0.03%ROWAN COS INC 9/01/2017 0.03%RAYTHEON COMPANY 0.03%PERUSAHAAN PENER 11/21/2022 0.03%AST Portfolio Holdings548 of 635

AST T. Rowe Price Asset Allocation Portfolio (continued)Security% of PortfolioFREDDIE MAC 9/01/2040 0.03%ALLY MASTER OWNER TRUST 9/16/2019 0.03%GOVERNMENT NATIONAL MORTGAG 12/20/2040 0.03%MOROCCO KINGDOM 12/11/2022 0.03%WESTPAC BANKING 1/12/2018 0.03%FANNIE MAE 1/01/2043 0.03%GATX CORP 7/15/2016 0.03%THERMO FISHER 2/01/2024 0.03%INCYTE CORP 0.03%GOVERNMENT NATIONAL MORTGAG 5/20/2041 0.03%BANC OF AMERICA COMMERCIAL 2/10/2051 0.03%FORD CREDIT FLOORPLAN MASTE 9/15/2019 0.03%DCP MIDSTREAM OP 3/15/2023 0.03%POTASH CORP OF SASKATCHEWAN 0.03%NETFLIX INC 2/01/2021 0.03%PETROLEOS DE VEN 10/28/2015 0.03%HILTON GRAND VACATIONS TRUS 11/25/2026 0.03%REGENCY CENTERS CORP 0.03%GOLDCORP INC 0.03%FREDDIE MAC 10/01/2039 0.03%QBE INSURANCE GROUP LTD 0.03%AGILE PROPERTY HOLDINGS LTD 0.03%FANNIE MAE 12/01/2040 0.03%GOVERNMENT NATIONAL MORTGAG 8/20/2042 0.03%ODEBRECHT FINANC 6/26/2042 0.03%FANNIE MAE 6/01/2039 0.03%FREDDIE MAC 10/01/2039 0.03%PHILLIPS 66 4/01/2022 0.03%SIERRA RECEIVABLES FUNDING 6/20/2031 0.03%SIERRA RECEIVABLES FUNDING 3/20/2030 0.03%GOVERNMENT NATIONAL MORTGAG 12/20/2040 0.03%ANTOFAGASTA PLC 0.03%ESSEX PROPERTY TRUST INC 0.03%OCH-ZIFF CAPITAL MANAGEMEN- 0.03%FANNIE MAE 4/01/2043 0.03%EXELON CORP 0.03%FRANCO-NEVADA CORP 0.03%SOUTH AFRICA 1/17/2024 0.03%FREDDIE MAC 5/01/2028 0.03%HOOTY 2014-1A A2 8/20/2044 0.03%MEXICAN BONOS 6/11/2020 0.03%CYBERAGENT INC 0.03%TURKEY REP OF 1/14/2041 0.03%MATTEL INC 0.03%HYUNDAI CAP AMER 2/06/2019 0.03%FANNIE MAE 12/01/2039 0.03%CNA FINANCIAL 5/15/2024 0.03%TURKEY REP OF 11/07/2019 0.03%COLOMBIA REP OF 1/18/2041 0.03%MACERICH CO/THE 0.03%NBCUNIVERSAL MED 4/30/2020 0.03%METLIFE INC 12/15/2022 0.03%PETROBRAS 5/20/2023 0.03%VALE OVERSEAS 1/11/2022 0.03%Security% of PortfolioFANNIE MAE 4/01/2026 0.03%JP MORGAN CHASE COMMERCIAL 2/15/2051 0.03%CONAGRA INC 1/25/2023 0.03%BANK OF YOKOHAMA LTD/THE 0.03%GATX CORP 3/15/2019 0.03%FANNIE MAE 4/01/2041 0.03%PETROLEOS MEXICA 1/24/2022 0.03%ALLY MASTER OWNER TRUST 1/15/2019 0.03%BAY AREA CA TOLL AUTH TOLL 4/01/2049 0.03%MAJAPAHIT HOLD 1/20/2020 0.03%NOBLE ENERGY INC 3/01/2041 0.03%FANNIE MAE 4/01/2040 0.03%FANNIE MAE 1/01/2027 0.03%FREDDIE MAC 12/01/2040 0.03%ONTARIO PROVINCE 2/14/2018 0.03%PENSKE TRUCK LE 6/15/2019 0.03%ARQIVA BROAD FIN 3/31/2020 0.03%ABN AMRO BANK NV 4/27/2022 0.03%AIRBUS GROUP FIN 4/17/2023 0.03%ALTRIA GROUP INC 5/05/2021 0.03%CONTL AIRLINES 4/11/2024 0.03%WF-RBS COMMERCIAL MORTGAGE 5/15/2045 0.03%FANNIE MAE 9/01/2026 0.03%LB-UBS COMMERCIAL MORTGAGE 2/15/2040 0.03%CNH WHOLESALE MASTER NOTE T 8/15/2019 0.02%ARGNT BODEN 10/03/2015 0.02%LIFE TECH CORP 3/01/2020 0.02%TURKEY REP OF 3/23/2023 0.02%EQUITY RESIDENTIAL 0.02%LB-UBS COMMERCIAL MORTGAGE 7/15/2040 0.02%ALENT PLC 0.02%BOSTON PROPERTIES INC 0.02%CHASE ISSUANCE TRUST 10/15/2018 0.02%SPECTRA ENERGY C 3/15/2023 0.02%SEQUOIA MORTGAGE TRUST 5/25/2043 0.02%CONCHO RES/MIDLA 4/01/2023 0.02%CENTURYLINK INC 4/01/2020 0.02%ENTERPRISE PRODU 3/15/2023 0.02%MURPHY OIL CORP 6/01/2022 0.02%MCGRAW HILL FINANCIAL INC 0.02%AVON PRODUCTS 3/15/2020 0.02%NAVISTAR FINANCIAL DEALER N 9/25/2018 0.02%NISOURCE FIN CP 2/15/2043 0.02%WF-RBS COMMERCIAL MORTGAGE 3/15/2047 0.02%CHRYSLER GP/CG C 6/15/2021 0.02%MERCEDES-BENZ AUTO LEASE TR 7/15/2019 0.02%FANNIE MAE 10/01/2042 0.02%LOEWS CORP 0.02%CDX IG CDS1 S22 5Y 6/20/2019 0.02%AM AIRLN 13-1 A 7/15/2025 0.02%MERRILL LYNCH MORTGAGE TRUS 6/12/2050 0.02%DIAMOND RESORTS OWNER TRUST 5/20/2026 0.02%CONSTELLAT ENER 12/01/2020 0.02%TEXAS ST TRANSPRTN COMMISSI 4/01/2030 0.02%AST Portfolio Holdings549 of 635

AST T. Rowe Price Asset Allocation Portfolio (continued)Security% of PortfolioFANNIE MAE 6/01/2042 0.02%FANNIE MAE 12/01/2036 0.02%MMAF EQUIPMENT FINANCE LLC 2/08/2022 0.02%REGAL ENTERTAIN 3/15/2022 0.02%GOVERNMENT NATIONAL MORTGAG 11/20/2042 0.02%MITSUBISHI UFJ LEASE & FINA 0.02%MET TRANSPRTN AUTH NY DEDIC 11/15/2039 0.02%FANNIE MAE 1/01/2041 0.02%FANNIE MAE 1/01/2036 0.02%UK POUND STERLING 0.02%ICELAND (REP OF) 5/11/2022 0.02%HELLENIC REPUBLI 2/24/2027 0.02%AVON PRODUCTS 3/15/2023 0.02%AMERICAN TOWER 0.02%KOITO MANUFACTURING CO LTD 0.02%INVITATION HOMES TRUST 6/17/2031 0.02%CBRE SERVICES 3/15/2023 0.02%COX COMMUN INC 12/15/2022 0.02%CONTINENTAL RESOURCES INC/O 0.02%OUTERWALL INC 3/15/2019 0.02%FANNIE MAE 10/01/2040 0.02%RANDGOLD RESOURCES LTD 0.02%FOSSE MASTER ISSUER PLC 10/18/2054 0.02%COLOMBIA REP OF 3/15/2023 0.02%REPUBLIC SVCS 6/01/2022 0.02%FORD CREDIT AUTO OWNER TRUS 1/15/2019 0.02%ITAU UNIBANCO/KY 3/19/2022 0.02%FANNIE MAE 12/01/2041 0.02%SMART TRUST 12/14/2019 0.02%EUROPEAN CURRENCY 0.02%MARYLAND ST TRANSPRTN AUTH 7/01/2043 0.02%HOLCIM US FINANC 9/12/2023 0.02%HYATT HOTELS 8/15/2016 0.02%GOVERNMENT NATIONAL MORTGAG 8/20/2041 0.02%ZHONGSHENG GROUP HOLDINGS 0.02%GREAT AMERICA LEASING RECEI 7/15/2017 0.02%CCG RECEIVABLES TRUST 11/14/2021 0.02%AMERICAN TOWER 5/15/2019 0.02%ENTERPRISE FLEET FINANCING 3/20/2019 0.02%NRG ENERGY INC 7/15/2022 0.02%FANNIE MAE 2/01/2036 0.02%ECOPETROL SA 9/18/2018 0.02%CAPITAL AUTO RECEIVABLES AS 12/20/2017 0.02%EQT CORP 11/15/2021 0.02%INGERSOLL-RAND PLC 0.02%MORGAN STANLEY CAPITAL I TR 2/12/2044 0.02%INDONESIA (REP) 5/05/2021 0.02%INDONESIA (REP) 4/15/2043 0.02%BARCLAYS BK PLC 2/20/2019 0.02%LB-UBS COMMERCIAL MORTGAGE 6/15/2038 0.02%DOUGLAS EMMETT INC 0.02%FANNIE MAE 1/01/2043 0.02%NCR CORP 2/15/2021 0.02%GE CAPITAL CREDIT CARD MAST 1/15/2022 0.02%Security% of PortfolioFANNIE MAE 1/01/2028 0.02%FANNIE MAE 8/01/2037 0.02%IMP TOBACCO FIN 2/11/2023 0.02%HUNTINGTON AUTO TRUST 6/15/2017 0.02%JP MORGAN CHASE COMMERCIAL 4/15/2046 0.02%CLOSE BROTHERS GROUP PLC 0.02%GSAA HOME EQUITY TRUST 10/25/2035 0.02%CHICAGO IL MET WTR RECLAMAT 12/01/2038 0.02%INDONESIA (REP) 4/15/2023 0.02%CABELA'S MASTER CREDIT CARD 2/18/2020 0.02%KROGER CO/THE 1/15/2021 0.02%COMM MORTGAGE TRUST 12/10/2023 0.02%AMERICAN EXPRESS CREDIT ACC 2/16/2021 0.02%FINANCING INFRAS 12/07/2017 0.02%GOVERNMENT NATIONAL MORTGAG 3/20/2041 0.02%FORD CREDIT AUTO OWNER TRUS 11/15/2025 0.02%SM ENERGY CO 0.02%HYUNDAI AUTO RECEIVABLES TR 12/15/2016 0.02%WORLD OMNI AUTO RECEIVABLES 5/15/2019 0.02%BABCOCK & WILCOX CO/THE 0.02%MONGOLIA 1/05/2018 0.02%FIRSTENERGY CORP 3/15/2023 0.02%JPMORGAN CHASE 5/01/2023 0.02%JP MORGAN CHASE COMMERCIAL 10/15/2045 0.02%UTAH ST TRANSIT AUTH SALES 6/15/2039 0.02%NIKON CORP 0.02%NEWS AMER INC 12/15/2035 0.02%BRAZIL REP OF 1/07/2025 0.02%COMM MORTGAGE TRUST 3/10/2047 0.02%INTERPUBLIC GRP 3/15/2022 0.02%BERMUDA-GOVT OF 1/03/2023 0.02%HALKBANK 6/04/2019 0.02%CEQUEL COM & CAP 9/15/2020 0.02%FREDDIE MAC 8/01/2039 0.02%US AIR 2012-2A 6/03/2025 0.02%CHS/COMMUNITY 2/01/2022 0.02%FANNIE MAE 9/01/2039 0.02%FLORIDA ST HURRICANE CATAST 7/01/2020 0.02%FANNIE MAE 3/01/2037 0.02%FANNIE MAE 10/01/2035 0.02%VOTORANTIM CIMEN 4/05/2041 0.02%MARKWEST ENERGY 7/15/2023 0.02%PHARMACYCLICS INC 0.02%TURKEY REP OF 6/05/2020 0.02%EQUITY ONE INC 11/15/2022 0.02%GMAC COMMERCIAL MORTGAGE SE 11/10/2045 0.02%ENERGY TRAN PTNR 2/01/2022 0.02%C.H. ROBINSON WORLDWIDE INC 0.02%FREDDIE MAC 12/01/2040 0.02%SILVER WHEATON CORP 0.02%FANNIE MAE 11/01/2035 0.02%WEINGARTEN REALTY INVESTORS 0.02%FANNIE MAE 10/01/2042 0.02%COMCAST CORP 7/15/2022 0.02%AST Portfolio Holdings550 of 635

AST T. Rowe Price Asset Allocation Portfolio (continued)Security% of PortfolioNEW YORK CITY NY TRANSITION 8/01/2037 0.02%FREDDIE MAC 8/01/2040 0.02%BAKER HUGHES INC 0.02%PETRA DIAMONDS LTD 0.02%OASIS PETROLEUM INC 0.02%GOVERNMENT NATIONAL MORTGAG 3/20/2043 0.02%FRESNILLO PLC 0.02%CARMAX AUTO OWNER TRUST 4/16/2018 0.02%EXTERRAN HOLDINGS INC 0.02%CIT GROUP INC 8/01/2023 0.02%SIERRA RECEIVABLES FUNDING 10/20/2030 0.02%EXELON GENERATIO 10/01/2039 0.02%WALTER INVESTMEN 12/15/2021 0.02%INTELSAT LUXEMB 6/01/2021 0.02%PERTAMINA 5/20/2043 0.02%GATX CORP 7/30/2019 0.02%VPI ESCROW CORP 10/15/2020 0.02%US AIR 2013-1A 11/15/2025 0.02%ALTRIA GROUP INC 8/06/2019 0.02%KIMCO REALTY CORP 0.02%IVORY COAST 12/31/2032 0.02%INTERCEPT PHARMACEUTICALS I 0.02%FANNIE MAE 9/01/2027 0.02%NEWFIELD EXPLOR 1/30/2022 0.02%AVIS BUDGET RENTAL CAR FUND 2/20/2020 0.02%UNITED MEXICAN 1/11/2040 0.02%FANNIE MAE 2/01/2038 0.02%GOVERNMENT NATIONAL MORTGAG 8/15/2039 0.02%FIRSTENERGY CORP 3/15/2018 0.02%COMM MORTGAGE TRUST 2/10/2047 0.02%PIONEER NATURAL 7/15/2022 0.02%GOVERNMENT NATIONAL MORTGAG 9/20/2040 0.02%FANNIE MAE 3/01/2034 0.02%DSLA MORTGAGE LOAN TRUST 9/19/2044 0.02%CONSOL ENERGY INC 0.02%ANGLOGOLD ASHANTI LTD 0.02%FANNIE MAE 2/01/2041 0.02%PUERTO RICO CMWLTH 7/01/2035 0.02%BUNGE LTD 0.02%KEURIG GREEN MOUNTAIN INC 0.02%JAMAICA GOVT 7/09/2025 0.02%FANNIE MAE 12/01/2043 0.02%FANNIE MAE 10/01/2035 0.02%GTP ACQUISITION 5/15/2018 0.02%BRAZIL REP OF 1/05/2023 0.02%FANNIE MAE 3/01/2034 0.02%MANITOBA (PROV) 4/03/2017 0.02%AUSTRALIAN DOLLAR 0.02%CARDINAL HEALTH INC 0.02%(L)CDX HY CDS1 S22 5Y 6/20/2019 0.02%BRASKEM FIN LTD 2/03/2024 0.02%FANNIE MAE 12/01/2027 0.02%FLORIDA ST HURRICANE CATAST 7/01/2016 0.02%T-MOBILE USA INC 4/01/2021 0.02%Security% of PortfolioRCI BANQUE 4/12/2016 0.02%NEW YORK CITY NY TRANSITION 5/01/2027 0.02%FANNIE MAE 4/01/2042 0.02%VALE SA-SP ADR 0.02%HARSCO CORP 0.02%ENTERPRISE FLEET FINANCING 9/20/2019 0.02%EQUINIX INC 0.02%TURKEY REP OF 4/16/2043 0.02%CNH EQUIPMENT TRUST 5/15/2020 0.02%HENRY SCHEIN INC 0.02%BAXTER INTL 6/15/2023 0.02%FANNIE MAE 3/01/2035 0.02%UAL CORP 7/15/2026 0.02%FANNIE MAE 4/01/2035 0.02%FANNIE MAE 11/01/2041 0.02%SOUTHWEST AIR 3/01/2017 0.02%O'REILLY AUTOMOT 1/14/2021 0.02%FANNIE MAE 4/01/2026 0.02%MORGAN STANLEY 7/28/2021 0.02%REINSURANCE GRP 11/15/2019 0.02%O'REILLY AUTOMOT 9/01/2022 0.02%DOLLAR GENERAL CORP 0.02%FANNIE MAE 1/01/2021 0.02%CNOOC CURTIS FUN 10/03/2023 0.02%CLEAR CHNL WORLD 11/15/2022 0.02%SLOVENIA 5/10/2023 0.02%ONTARIO PROVINCE 9/21/2016 0.02%FANNIE MAE 2/01/2042 0.02%FANNIE MAE 1/01/2042 0.02%MITSUBISHI ESTATE CO LTD 0.02%MDC PARTNERS INC 4/01/2020 0.02%JOBSOHIO BEVERAGE SYS STWD 1/01/2035 0.02%PHILIPPINES(REP) 10/23/2034 0.02%FORD CREDIT FLOORPLAN MASTE 1/15/2019 0.02%BILL BARRETT 10/15/2022 0.02%WASTE MANAGEMENT 9/15/2022 0.02%NISSAN AUTO RECEIVABLES OWN 11/15/2017 0.02%TAUBMAN CENTERS INC 0.02%COMM MORTGAGE TRUST 2/13/2032 0.02%FANNIE MAE 2/01/2041 0.02%JPMORGAN CHASE 8/15/2017 0.02%BERKSHIRE HATH 5/15/2043 0.02%WACHOVIA BANK COMMERCIAL MO 3/15/2045 0.02%FANNIE MAE 5/01/2035 0.02%VENEZUELA 5/07/2028 0.02%TEXTRON INC 3/01/2024 0.02%BRAZIL REP OF 1/22/2021 0.02%SYNOVUS FINL 2/15/2019 0.02%WILLIAMS COS INC 1/15/2023 0.02%FANNIE MAE 1/01/2042 0.02%MERCEDES-BENZ AUTO LEASE TR 12/17/2018 0.02%HONDA AUTO RECEIVABLES OWNE 2/18/2020 0.02%DOW CHEMICAL CO 5/15/2019 0.02%CEMEX SAB 1/15/2021 0.02%AST Portfolio Holdings551 of 635

AST T. Rowe Price Asset Allocation Portfolio (continued)Security% of PortfolioFANNIE MAE 9/01/2041 0.02%SOUTHERN COPPER CORP 0.02%CAMDEN PROPERTY TRUST 0.02%GS MORTGAGE SECURITIES TRUS 4/10/2038 0.02%FHLMC 1.875% 4/25/2022 0.02%EAST BAY CA MUNI UTILITY DI 6/01/2040 0.02%SPRINT NEXTEL 11/15/2018 0.02%MSCI INC 0.02%GS MORTGAGE SECURITIES TRUS 11/10/2045 0.02%KILROY REALTY CORP 0.02%FANNIE MAE 2/01/2028 0.02%PDC ENERGY INC 10/15/2022 0.02%PENSKE AUTO GRP 10/01/2022 0.02%WACOM CO LTD 0.02%HCA HOLDINGS INC 0.02%FANNIE MAE 8/01/2040 0.02%JP MORGAN CHASE COMMERCIAL 2/12/2051 0.02%GSMS 2014-GC20 B 4/10/2047 0.02%KUBOTA CREDIT OWNER TRUST 7/15/2020 0.02%SYNOVUS FINL 6/15/2017 0.02%ALTICE FINCO SA 6/15/2023 0.02%GCCFC COMMERCIAL MORTGAGE T 7/10/2038 0.02%FANNIE MAE 3/01/2041 0.02%WPP FINANCE 2010 9/07/2022 0.02%ENTERPRISE PRODU 2/01/2041 0.01%SIERRA RECEIVABLES FUNDING 11/20/2025 0.01%PETROBRAS INTL 1/27/2021 0.01%ANTERO RESOURCES 12/01/2022 0.01%KAZMUNAYGAS NAT 5/05/2020 0.01%TARGA RES PRTNRS 11/15/2023 0.01%UTILITY DEBT SECURITIZATION 6/15/2021 0.01%TURKEY REP OF 5/30/2040 0.01%HOLCIM US FINANC 12/30/2019 0.01%VIRGINIA ST PUBLIC SCH AUTH 12/15/2030 0.01%MANPOWERGROUP INC 0.01%IGATE CORP 4/15/2019 0.01%HYUNDAI CAP AMER 8/09/2018 0.01%SBA COMMUNICATIONS CORP-CL 0.01%ARMENIA 9/30/2020 0.01%FANNIE MAE 7/01/2035 0.01%BRAZIL REP OF 1/27/2045 0.01%PNM RESOURCES INC 0.01%FANNIE MAE 2/01/2041 0.01%WORLEYPARSONS LTD 0.01%FREDDIE MAC 4/01/2041 0.01%ISRAEL ELECTRIC 1/28/2020 0.01%FANNIE MAE 2/01/2041 0.01%CATHOLIC HEALTH 11/01/2022 0.01%TOSOH CORP 0.01%ILLUMINA INC 0.01%PERTAMINA 5/30/2044 0.01%VENEZUELA 10/13/2024 0.01%FREDDIE MAC 1/01/2043 0.01%BANC OF AMERICA COMMERCIAL 2/10/2051 0.01%Security% of PortfolioFREDDIE MAC 12/01/2042 0.01%MMC NORILSK NICKEL JSC-ADR 0.01%AMC NETWORKS INC 12/15/2022 0.01%ICAHN ENTER/FIN 8/01/2020 0.01%CROWN CASTLE INT 1/15/2023 0.01%FIRST AMERICAN FINANCIAL 0.01%LB-UBS COMMERCIAL MORTGAGE 4/15/2041 0.01%MANITOBA (PROV) 5/14/2024 0.01%ACTIVISION BLIZZ 9/15/2021 0.01%REYNOLDS AMERICA 11/01/2022 0.01%KAZAKHSTAN TEMIR 10/06/2020 0.01%DIAMONDBACK ENERGY INC 0.01%NRG ENERGY INC 3/15/2023 0.01%SES 4/04/2023 0.01%ELDORADO GOLD CORP 0.01%DARLING INGREDIE 1/15/2022 0.01%CONSOL ENERGY 4/15/2022 0.01%FREDDIE MAC 8/01/2026 0.01%US AIRWAYS GROUP 6/01/2018 0.01%FANNIE MAE 9/01/2036 0.01%CIT GROUP INC 2/15/2019 0.01%NORDSON CORP 0.01%IROBOT CORP 0.01%YAMANA GOLD INC 0.01%FANNIE MAE 7/01/2035 0.01%ING US INC 2/15/2018 0.01%FANNIE MAE 5/01/2038 0.01%CEMEX FINANCE 10/12/2022 0.01%PETROBRAS 1/15/2019 0.01%JAPANESE YEN 0.01%HOME BANCSHARES INC 0.01%TCM SUB LLC 1/15/2015 0.01%CAPITOL FEDERAL FINANCIAL I 0.01%LOS ANGELES CA DEPT OF ARPT 5/15/2040 0.01%LIBERTY GLOBAL-A 0.01%ANTERO RESOURCES 11/01/2021 0.01%ARUBA NETWORKS INC 0.01%ON SEMICONDUCTOR CORPORATIO 0.01%CARMAX AUTO OWNER TRUST 6/15/2017 0.01%WESTERN ALLIANCE BANCORP 0.01%BANKUNITED INC 0.01%NORTHERN OIL AND GAS INC 0.01%FANNIE MAE 4/01/2041 0.01%TELECOM IT CAP 6/18/2019 0.01%WIND ACQ 4/23/2021 0.01%IBERDROLA FIN 9/11/2014 0.01%SOUTH AFRICA 5/27/2019 0.01%MARTIN MAR MTLS 7/02/2024 0.01%BANCO SANT CHILE 9/20/2022 0.01%ENPRO INDUSTRIES INC 0.01%TELECOM ITALIA 6/24/2019 0.01%POSCO 0.01%FANNIE MAE 10/01/2041 0.01%VENEZUELA 4/21/2025 0.01%AST Portfolio Holdings552 of 635

AST T. Rowe Price Asset Allocation Portfolio (continued)Security% of PortfolioPOLISH TEL HOLDI 1/15/2021 0.01%ALTICE FINCO SA 12/15/2020 0.01%CATHOLIC HEALTH 8/01/2018 0.01%FANNIE MAE 11/01/2041 0.01%DIGITAL REALTY TRUST INC 0.01%HOWARD HUGHES CO 10/01/2021 0.01%UNION PAC CORP 9/15/2041 0.01%SOUTH CAROLINA ST PUBLIC SV 12/01/2027 0.01%NEUBERGER BERMAN 3/15/2020 0.01%ANGLO AMERICAN PLC 0.01%ROYAL CARIBBEAN CRUISES LTD 0.01%SEQUOIA MORTGAGE TRUST 6/25/2043 0.01%EAST WEST BANCORP INC 0.01%FREDDIE MAC 12/01/2040 0.01%FANNIE MAE 12/01/2040 0.01%EASTGROUP PROPERTIES INC 0.01%ALTICE 5/15/2022 0.01%ISS A/S 0.01%FIRST DATA CORP 11/01/2020 0.01%HOWARD HUGHES CORP/THE 0.01%GRUPO MEXICO SAB DE CV-SER 0.01%CLARCOR INC 0.01%KINROSS GOLD CORP 0.01%NIPPON STEEL & SUMITOMO MET 0.01%GOVERNMENT NATIONAL MORTGAG 9/20/2040 0.01%ALLY AUTO RECEIVABLES TRUST 10/15/2018 0.01%HEICO CORP-CLASS A 0.01%NEW YORK NY 6/01/2040 0.01%LAUREATE EDUCATI 9/01/2019 0.01%SOUTH AFRICA 5/30/2022 0.01%FANNIE MAE 3/01/2040 0.01%BONAR X 4/17/2017 0.01%CELANESE US HLDS 11/15/2022 0.01%WILLIAMS PARTNER 8/15/2022 0.01%VERISK ANALYTICS INC-CLASS 0.01%MGM RESORTS INTERNATIONAL 0.01%SEVENTY SEVEN 7/15/2022 0.01%NEUROCRINE BIOSCIENCES INC 0.01%ISRAEL ELECTRIC 6/21/2023 0.01%COVANCE INC 0.01%FANNIE MAE 8/01/2037 0.01%MEXICAN BONOS 11/20/2036 0.01%MERRILL LYNCH MORTGAGE TRUS 8/12/2043 0.01%REPUBLIC OF IRAQ 1/15/2028 0.01%WPX ENERGY INC 1/15/2022 0.01%TESLA MOTORS INC 0.01%KEMPER CORP 0.01%TURKIYE GARANTI 4/20/2021 0.01%CIT GROUP INC 0.01%HOLLYFRONTIER CORP 0.01%COMM MORTGAGE TRUST 6/10/2046 0.01%SENOMYX INC 0.01%MARYLAND ST TRANSPRTN AUTH 7/01/2041 0.01%WILLIAM CARTER 8/15/2021 0.01%Security% of PortfolioOGE ENERGY CORP 0.01%MEXICAN BONOS 6/09/2022 0.01%BANC OF AMERICA COMMERCIAL 1/15/2049 0.01%XYLEM INC 0.01%CBOE HOLDINGS INC 0.01%SONIC CORP 0.01%CLOUD PEAK ENERGY INC 0.01%FORTESCUE METALS GROUP LTD 0.01%CROATIA 4/04/2023 0.01%INTELSAT JACKSON 8/01/2023 0.01%GLOBAL PAYMENTS INC 0.01%PROV FUND ASSOC 2/15/2019 0.01%JP MORGAN CHASE COMMERCIAL 6/12/2043 0.01%FANNIE MAE 9/01/2043 0.01%REPUBLIC OF PERU 11/18/2050 0.01%NATIONSTAR MORT/ 7/01/2021 0.01%ADVANCE AUTO PARTS INC 0.01%FREDDIE MAC 10/01/2041 0.01%FISERV INC 10/01/2022 0.01%BM&FBOVESPA SA 0.01%HELLENIC REPUBLI 4/17/2019 0.01%AMB PROPERTY LP 8/15/2017 0.01%VEDANTA RESOURCE 5/31/2023 0.01%TIM HORTONS INC 0.01%ALEXANDRIA REAL ESTATE EQUI 0.01%CONCUR TECHNOLOGIES INC 0.01%INDONESIA (REP) 3/13/2020 0.01%MONSTER BEVERAGE CORP 0.01%TYSON FOODS INC 6/15/2022 0.01%CLEARWATER PAPER CORP 0.01%JACK HENRY & ASSOCIATES INC 0.01%HOLMES MASTER ISSUER PLC 10/15/2054 0.01%RYERSON INC/JOE 10/15/2018 0.01%NISSAN AUTO LEASE TRUST 6/15/2016 0.01%MDU RESOURCES GROUP INC 0.01%MHP SA 4/02/2020 0.01%FANNIE MAE 9/01/2025 0.01%SPEEDWAY MOTORSP 2/01/2019 0.01%UNIV OF VIRGINIA VA UNIV RE 9/01/2040 0.01%FANNIE MAE 1/01/2043 0.01%ELEC DE FRANCE 1/27/2020 0.01%SOUTH AFRICA 3/09/2020 0.01%COOPER COS INC/THE 0.01%WHITE MOUNTAINS INSURANCE G 0.01%INDONESIA (REP) 1/17/2038 0.01%BANK OF KENTUCKY FINL CORP 0.01%WADDELL & REED FINANCIAL-A 0.01%CABLE COMM SYST 11/01/2020 0.01%FANNIE MAE 9/01/2038 0.01%NISKA GAS STORAG 4/01/2019 0.01%KILROY REALTY LP 7/15/2018 0.01%JAMAICA GOVT 6/20/2017 0.01%EQUINIX INC 7/15/2021 0.01%ATHLON HLDS LP / 4/15/2021 0.01%AST Portfolio Holdings553 of 635

AST T. Rowe Price Asset Allocation Portfolio (continued)Security% of PortfolioNIPPON ACCOMMODATIONS FUND 0.01%GREENBRIER COMPANIES INC 0.01%FIRST QUANTUM MINERALS LTD 0.01%PRES & FELLOWS 10/01/2037 0.01%COMMVAULT SYSTEMS INC 0.01%HOST HOTELS & RESORTS INC 0.01%HEXION US/NOVA 2/01/2018 0.01%ARES CAPITAL COR 11/30/2018 0.01%KINDER MORGAN 11/15/2023 0.01%JBS USA LLC/JBS 7/15/2024 0.01%BANCO EST RIO GR 2/02/2022 0.01%JAGUAR LAND ROVR 2/01/2023 0.01%TEAM HEALTH HOLDINGS INC 0.01%SERBIA REPUBLIC 11/21/2017 0.01%SONIC AUTOMOTIVE 5/15/2023 0.01%CARMAX AUTO OWNER TRUST 3/15/2019 0.01%INTERPUBLIC GRP 2/15/2023 0.01%MIDDLEBY CORP 0.01%TENET HEALTHCARE 4/01/2021 0.01%LEAR CORP 3/15/2024 0.01%FHLMC 1.426% 8/25/2017 0.01%BERMUDA-GOVT OF 7/20/2020 0.01%CENTURYLINK INC 6/15/2021 0.01%STEEL DYNAMICS INC 0.01%FIRST QUANTUM 5/15/2022 0.01%VALMONT INDUSTRIES 0.01%VIRGINIA ST PUBLIC BLDG AUT 8/01/2030 0.01%NUMERICABLE 5/15/2024 0.01%REP OF SRI LANKA 1/14/2019 0.01%RACKSPACE HOSTING INC 0.01%FACTSET RESEARCH SYSTEMS IN 0.01%SUN HUNG KAI PROPERTIES 0.01%JEF LOANCORE/FIN 6/01/2020 0.01%SMITH (A.O.) CORP 0.01%HOLMES MASTER ISSUER PLC 10/15/2054 0.01%SERBIA REPUBLIC 2/25/2020 0.01%ZAMBIA REP OF 9/20/2022 0.01%ENERGY XXI BERMUDA 0.01%BROOKFIELD CANADA OFFICE PR 0.01%CHS/COMMUNITY 8/01/2021 0.01%CBL & ASSOCIATES PROPERTIES 0.01%ALTICE FINANCING 1/15/2022 0.01%YASAR HOLDINGS 10/07/2015 0.01%CONTROLADORA MAB 10/28/2019 0.01%TANZANIA UNT REP 3/09/2020 0.01%DENVER CO PUBLIC SCHS COPS 12/15/2037 0.01%MEXICAN UDIBONOS 12/10/2020 0.01%VIMPELCOM HLDGS 3/01/2022 0.01%ASSOC MATERIALS 11/01/2017 0.01%STILLWATER MINING CO 0.01%ARCELIK 4/03/2023 0.01%FANNIE MAE 2/01/2043 0.01%MEADOWBROOK INSURANCE GROUP 0.01%JOHN BEAN TECHNOLOGIES CORP 0.01%Security% of PortfolioFANNIE MAE 5/01/2040 0.01%KOPPERS HOLDINGS INC 0.01%AMER INTL GROUP 1/16/2018 0.01%WIDEOPENWEST FIN 10/15/2019 0.01%DUKE REALTY CORP 0.01%ESAL GMBH 2/05/2023 0.01%COCA-COLA FEMSA 2/15/2020 0.01%EXETER AUTOMOBILE RECEIVABL 8/15/2018 0.01%REALD INC 0.01%ROSETTA RESOURCE 6/01/2024 0.01%ISRAEL ELECTRIC 6/21/2023 0.01%TEMPUR SEALY INTERNATIONAL 0.01%ARCELORMITTAL 2/25/2022 0.01%SHAFTESBURY PLC 0.01%CENT EURO MEDIA 11/15/2015 0.01%PROOFPOINT INC 0.01%TR OP / TR FIN 2/01/2019 0.01%CIRSA FUNDING LX 5/15/2018 0.01%T-MOBILE USA INC 4/28/2021 0.01%KAISER FOUN HOSP 4/01/2022 0.01%INDONESIA GOV'T 5/15/2028 0.01%FANNIE MAE 6/01/2026 0.01%COBALT CMBS COMMERCIAL MORT 5/15/2046 0.01%DISH DBS CORP 5/01/2020 0.01%MORGAN STANLEY BAML TRUST 4/15/2047 0.01%TARGA RES PRTNRS 5/01/2023 0.01%CREDIT SUISSE MORTGAGE TRUS 2/15/2041 0.01%SLOVENIA 5/10/2023 0.01%ENN ENERGY HLDG 5/13/2021 0.01%MERCER INTL INC 12/01/2017 0.01%HANG LUNG PROPERTIES LTD 0.01%SM ENERGY CO 1/15/2024 0.01%BURLINGTON NORTH 6/01/2041 0.01%GOVERNMENT NATIONAL MORTGAG 6/20/2044 0.01%SIERRA RECEIVABLES FUNDING 11/20/2029 0.01%NUMERICABLE 5/15/2019 0.01%THYSSENKRUPP AG 0.01%FRESH MARKET INC/THE 0.01%WAKALA GLOBAL 7/06/2021 0.01%HONGKONG LAND HOLDINGS LTD 0.01%ZIGGO 5/15/2018 0.01%ELDORADO CORP 12/15/2020 0.01%SUPERIOR ENERGY SERVICES IN 0.01%BUILDERS FIRSTSO 6/01/2021 0.01%FANNIE MAE 10/01/2039 0.01%ARGENT-EURPAR 12/31/2038 0.01%CARPENTER TECHNOLOGY 0.01%RITE AID CORP 6/15/2021 0.01%LUKOIL INTL FIN 11/05/2019 0.01%BANCO CREDITO/PA 9/16/2020 0.01%CEDAR FAIR LP/CA 3/15/2021 0.01%CASEY'S GENERAL STORES INC 0.01%WAVEDIVISION ESC 9/01/2020 0.01%FERRELLGAS LP 5/01/2021 0.01%AST Portfolio Holdings554 of 635

AST T. Rowe Price Asset Allocation Portfolio (continued)Security% of PortfolioREP OF ANGOLA 8/16/2019 0.01%CGG SA 1/15/2022 0.01%BITE FINANCE 2/15/2018 0.01%DENALI BORROW LL 10/15/2020 0.01%METTLER-TOLEDO INTERNATIONA 0.01%LASALLE HOTEL PROPERTIES 0.01%WILLIAM LYON INC 11/15/2020 0.01%FNFV GROUP 0.01%FANNIE MAE 5/01/2040 0.01%CENTAMIN PLC 0.01%SBERBANK 2/26/2024 0.01%CSMC 2014-ICE A 1ML+80 4/20/2027 0.01%PARSLEY ENERGY 2/15/2022 0.01%FANNIE MAE 5/01/2036 0.01%FANNIE MAE 10/01/2039 0.01%GOVERNMENT NATIONAL MORTGAG 11/20/2040 0.01%INVITATION HOMES TRUST 12/17/2030 0.01%SUNRISE COMM INT 12/31/2017 0.01%HIGHWOODS PROPERTIES INC 0.01%TOWERGATE FINANC 2/15/2019 0.01%HYUNDAI CAP AMER 8/09/2016 0.01%ICICI BANK/DUBAI 5/22/2019 0.01%NEW LOOK BONDCO 5/14/2018 0.01%AK STEEL CORP 4/01/2022 0.01%ACTUANT CORP-A 0.01%GENTEX CORP 0.01%CLEAR CHANNEL 12/15/2019 0.01%CHOICE HOTELS INTL INC 0.01%ICELAND (REP OF) 6/16/2016 0.01%STARZ LLC/FIN CO 9/15/2019 0.01%PT ADARO INDONES 10/22/2019 0.01%GRACO INC 0.01%DCT INDUSTRIAL TRUST INC 0.01%SABLE INTL FIN 2/01/2020 0.01%REP OF SRI LANKA 7/25/2022 0.01%ICELAND (REP OF) 5/11/2022 0.01%BONANZA CREEK EN 2/01/2023 0.01%AES CORP 3/15/2024 0.01%ROMANIA 8/22/2023 0.01%CINEMARK USA 6/15/2021 0.01%ROMANIA 8/22/2023 0.01%GECINA SA 0.01%CHURCH & DWIGHT CO INC 0.01%CONSTELLIUM NV- CLASS A 0.01%SEMINOLE INC/LLC 5/15/2021 0.01%DECKERS OUTDOOR CORP 0.01%MINERVA LUX SA 1/31/2023 0.01%TURKIYE GARANTI 9/13/2017 0.01%FANNIE MAE 10/01/2042 0.01%ODBRCHT OFFSHRE 10/01/2022 0.01%SERVICENOW INC 0.01%STATE AUTO FINANCIAL CORP 0.01%CHESAPEAKE UTILITIES CORP 0.01%CARMAX AUTO OWNER TRUST 4/15/2019 0.01%Security% of PortfolioPETROLEOS MEXICA 1/21/2021 0.01%GREAT PLAINS ENERGY INC 0.01%CHARTER HALL RETAIL REIT 0.01%FANNIE MAE 8/01/2040 0.01%CFS RETAIL PROPERTY TRUST G 0.01%UPC HOLDING BV 3/15/2023 0.01%CNOOC FIN 2014 4/30/2024 0.01%SMART TRUST 8/14/2018 0.01%FANNIE MAE 1/01/2026 0.01%LEND PROC SRV 4/15/2023 0.01%LIBERTY MEDIA SHS SERIES C 0.01%INDONESIA (REP) 1/17/2042 0.01%INFORMATICA CORP 0.01%FANNIE MAE 12/01/2020 0.01%ROYAL GOLD INC 0.01%MURRAY ENERGY 6/15/2021 0.01%GOVERNMENT NATIONAL MORTGAG 7/20/2040 0.01%PLAINS ALL AMER 1/15/2020 0.01%HARBINGER GROUP 7/15/2019 0.01%PSP SWISS PROPERTY AG-REG 0.01%FANNIE MAE 3/01/2034 0.01%TUMI HOLDINGS INC 0.01%MAXIM INTEGRATED PRODUCTS 0.01%PPL CAPITAL FDG 6/01/2023 0.01%FREDDIE MAC 5/01/2043 0.01%BESTGAIN REAL E 3/13/2018 0.01%FANNIE MAE 10/01/2040 0.01%BANK OF GEORGIA 7/05/2017 0.01%BC MOUNTAIN LLC 2/01/2021 0.01%DISH NETWORK CORP-A 0.01%MATTERHORN FIN 4/15/2019 0.01%CCO HOLDINGS LLC 9/30/2022 0.01%REINSURANCE GRP 3/15/2017 0.01%MCDERMOTT INTL INC 0.01%RELIANCE HDG USA 2/14/2022 0.01%PERUSAHAAN LISTR 11/22/2021 0.01%FANNIE MAE 4/01/2026 0.01%HUNT (JB) TRANSPRT SVCS INC 0.01%MARFRIG HLDG EUR 6/24/2019 0.01%ARCELORMITTAL 0.01%VIMPELCOM 2/02/2021 0.01%DICK'S SPORTING GOODS INC 0.01%EXELIXIS INC 0.01%LAREDO PETROLEUM 1/15/2022 0.01%CHICO'S FAS INC 0.01%INFINITY PROPERTY & CASUALT 0.01%STRATEGIC HOTELS & RESORTS 0.01%CULP INC 0.01%LB-UBS COMMERCIAL MORTGAGE 11/15/2038 0.01%COMM MORTGAGE TRUST 10/15/2045 0.01%PPG INDUSTRIES INC 0.01%SEMTECH CORP 0.01%INDONESIA GOV'T 3/15/2024 0.01%CABOT CORP 0.01%AST Portfolio Holdings555 of 635

AST T. Rowe Price Asset Allocation Portfolio (continued)Security% of PortfolioGUITAR CENTER 4/15/2019 0.01%CAESARS ENT RES 10/01/2020 0.01%BILL BARRETT 10/01/2019 0.01%CAESARS ENT RES 10/01/2021 0.01%MGM RESORTS 10/01/2020 0.01%ATHLON ENERGY INC 0.01%ILUKA RESOURCES LTD 0.01%FAENZA GMBH 8/15/2021 0.01%PARKER DRILLING 7/15/2022 0.01%MASSACHUSETTS ST 8/01/2031 0.01%AMERICAN EAGLE OUTFITTERS 0.01%TEREX CORP 5/15/2021 0.01%FINISAR CORPORATION 0.01%IS BANKASI 10/24/2022 0.01%FREDDIE MAC 8/01/2040 0.01%DENBURY RESOURCE 5/01/2022 0.01%EOG RESOURCES INC 0.01%ALNYLAM PHARMACEUTICALS INC 0.01%REINSURANCE GRP 6/01/2021 0.01%FANNIE MAE 9/01/2033 0.01%BUILDING MAT COR 5/01/2021 0.01%VIRGIN MEDIA FIN 4/15/2023 0.01%VEDANTA RESOURCE 6/07/2021 0.01%UNITED RENTAL NA 6/15/2023 0.01%ICAHN ENTER/FIN 3/15/2019 0.01%PLATINUM GROUP METALS LTD 0.01%FANNIE MAE 6/01/2039 0.01%WHARF HOLDINGS LTD 0.01%HATTERAS FINANCIAL CORP 0.01%CORPORATE EXECUTIVE BOARD C 0.01%US SILICA HOLDINGS INC 0.01%HDFC BANK LTD 3/06/2018 0.01%WELLCARE HEALTH PLANS INC 0.01%SELECT MEDICAL 6/01/2021 0.01%FANNIE MAE 5/01/2036 0.01%AMERICAN CAMPUS COMMUNITIES 0.01%US STEEL CORP 4/01/2021 0.01%AMERIPRISE FINL 6/28/2019 0.01%AMER ENERGY/AEPB 8/01/2019 0.01%CROWN CASTLE INT 0.01%FANNIE MAE 6/01/2040 0.01%NUSTAR LOGISTICS 2/01/2021 0.01%YAMANA GOLD INC 0.01%ICELAND (REP OF) 6/16/2016 0.01%INFINIS PLC 2/15/2019 0.01%ICICI BANK LTD 4/30/2022 0.01%BRUNSWICK RAIL 11/01/2017 0.01%PENN VIRGINIA CO 5/01/2020 0.01%FANNIE MAE 11/01/2037 0.01%ADVISORY BOARD CO/THE 0.01%FANNIE MAE 10/01/2036 0.01%TERVITA CORP 2/15/2018 0.01%FORD CREDIT FLOORPLAN MASTE 1/15/2018 0.01%CCO HOLDINGS LLC 2/15/2023 0.01%Security% of PortfolioWASHINGTON REIT 0.01%EUROPCAR GROUPE 5/15/2017 0.01%OPAL ACQUISITION 12/15/2021 0.01%WIND ACQ 7/15/2020 0.01%FANNIE MAE 12/01/2038 0.01%DELEK US HOLDINGS INC 0.01%BLUESCOPE STL LT 5/01/2018 0.01%SLOVENIA 2/18/2019 0.01%PACIRA PHARMACEUTICALS INC 0.01%PINNACLE FOODS INC 0.01%FANNIE MAE 5/01/2039 0.01%RANGE RESOURCES 3/15/2023 0.01%EX-IM BK OF IN 1/14/2023 0.01%CIT GROUP INC 3/15/2018 0.01%THERMO FISHER 2/01/2019 0.01%UAL CORP 12/01/2020 0.01%ANCESTRY.COM INC 10/15/2018 0.01%SISTEMA 5/17/2019 0.01%GENON ENERGY 10/15/2018 0.01%ISTAR FINANCIAL 7/01/2019 0.01%AEGION CORP 0.01%SANDSTORM GOLD LTD 0.01%SAMSON INVESTMEN 2/15/2020 0.01%FANNIE MAE 5/01/2038 0.01%INEOS GROUP HOLD 8/15/2018 0.01%DCP MIDSTREAM OP 12/01/2017 0.01%FANNIE MAE 10/01/2042 0.01%CNH EQUIPMENT TRUST 5/16/2016 0.01%BUILDING MATERIA 9/15/2018 0.01%MATALAN 6/01/2019 0.01%CHSTR DWNS MAR/F 2/01/2020 0.01%EQUINIX INC 4/01/2023 0.01%POLYONE CORP 3/15/2023 0.01%ALROSA FINANCE 11/03/2020 0.01%POST HOLDINGS IN 2/15/2022 0.01%SOUTHWEST GAS CORP 0.01%STUDIO CITY FIN 12/01/2020 0.01%REDWOOD TRUST INC 0.01%TEREX CORP 4/01/2020 0.01%REP OF SRI LANKA 10/04/2020 0.01%KAISA GROUP 1/08/2020 0.01%IMPERIAL METALS 3/15/2019 0.01%PROVIDENT COS 7/15/2018 0.01%MATTERHORN MIDCO 2/15/2020 0.01%HEALTHCARE REALTY TRUST INC 0.01%RYERSON INC/JOE 10/15/2017 0.01%SHEARERS FOODS 11/01/2019 0.01%DANA HOLDING 9/15/2021 0.01%ADVANCED ENERGY INDUSTRIES 0.01%BBVA BANCOMER SA 3/10/2021 0.01%GOVERNMENT NATIONAL MORTGAG 7/20/2039 0.01%COLOMBIA REP OF 3/18/2019 0.01%NIELSEN FINANCE 10/01/2020 0.01%PETROBRAS 3/17/2020 0.01%AST Portfolio Holdings556 of 635

AST T. Rowe Price Asset Allocation Portfolio (continued)Security% of PortfolioCOTT BEVERAGES 7/01/2022 0.01%CIFI HLDNGS CO 4/15/2018 0.01%LIN TELEVISION 4/15/2018 0.01%FREDDIE MAC 12/01/2041 0.01%GRATON ECONOMIC 9/01/2019 0.01%FLOWERS FOODS INC 0.01%PARAGON OFFSHORE 7/15/2022 0.01%DTEK FINANCE 4/04/2018 0.01%FANNIE MAE 1/01/2027 0.01%REP SOUTH AFRICA 12/21/2018 0.01%DERWENT LONDON PLC 0.01%PLUM CREEK TIMBER CO 0.01%WASTE CONNECTIONS INC 0.01%UNITED STATES STEEL CORP 0.01%NATIONAL CINEMED 4/15/2022 0.01%CHRYSLER GP/CG C 6/15/2019 0.01%NEW YORK NY 12/01/2037 0.01%TERVITA CORP 11/15/2018 0.01%P.H. GLATFELTER 10/15/2020 0.01%ARAMARK SERV INC 3/15/2020 0.01%SIWF MERGER SUB 6/01/2021 0.01%SANTOS LTD 0.01%CASCADES INC 1/15/2020 0.01%VERISURE HOLDING 9/01/2018 0.01%SBERBANK 10/29/2022 0.01%AMERISTAR CASINO 4/15/2021 0.01%SHUTTERSTOCK INC 0.01%FANNIE MAE 5/01/2036 0.01%METRO LIGHT INTL 1/17/2018 0.01%AMERICAN CAPITAL 9/15/2018 0.01%ACCELERON PHARMA INC 0.01%ASCENT CAPITAL GROUP INC-A 0.01%FANNIE MAE 10/01/2026 0.01%FREDDIE MAC 7/01/2043 0.01%PETROBRAS INTL 3/01/2018 0.01%HUTCHISON TELECOMM HONG KON 0.01%PC NEXTCO HLDING 8/15/2019 0.01%UKRAINE GOVT 11/14/2017 0.01%ALROSA AO 0.01%WILLIAMS PARTNER 4/15/2040 0.01%AMEC PLC 0.01%NATIONSTAR MORTGAGE HOLDING 0.01%STANDRD PAC CORP 5/15/2018 0.01%VTR FIN BV 1/15/2024 0.01%FLEETMATICS GROUP PLC 0.01%TIBCO SOFTWARE INC 0.01%CHS/COMMUNITY 7/15/2020 0.01%AIRCASTLE LTD 4/15/2020 0.01%CADENCE DESIGN SYS INC 0.01%VERISK ANALYTICS 5/01/2021 0.01%EXTERRAN PARTNER 10/01/2022 0.01%UNITYMEDIA KABEL 3/15/2021 0.01%CEQUEL COM & CAP 12/15/2021 0.01%SHIMAO PROPERTY 1/14/2020 0.01%Security% of PortfolioCROWN CASTLE INTL CORP 4/15/2022 0.01%STRETFORD 7/15/2021 0.01%HEARTWARE INTERNATIONAL INC 0.01%GE CAPITAL CREDIT CARD MAST 11/15/2017 0.01%TELECOM IT CAP 10/01/2015 0.01%CAPITAMALL TRUST 0.01%UKRAINE GOVT 7/24/2017 0.01%MOSAIC CO/THE 0.01%KINDER MORGAN 2/15/2021 0.01%ROWAN COS INC 6/01/2022 0.01%CREE INC 0.01%CALPINE CORP 1/15/2023 0.01%EURAMAX INTL INC 4/01/2016 0.01%AMSURG ESCROW 7/15/2022 0.01%SIBUR SEC LTD 1/31/2018 0.01%MEXICAN BONOS 12/13/2018 0.01%ENN ENERGY HLDG 5/13/2021 0.01%ADRIA BIDCO BV 11/15/2020 0.01%CRCC YUPENG 2/28/2049 0.01%MEDI-PARTENAIRES 5/15/2020 0.01%KOREA ZINC CO LTD 0.01%LIBERTY MEDIA CORP - A 0.01%MAPLETREE INDUSTRIAL TRUST 0.01%PINNACLE ENTERTA 8/01/2021 0.01%GAJAH TUNGGAL 2/06/2018 0.01%BMC SOFTWARE FIN 7/15/2021 0.01%FANNIE MAE 11/01/2035 0.01%IHS INC-CLASS A 0.01%FANNIE MAE 9/01/2026 0.01%NORTEK INC 4/15/2021 0.01%KINDER MORGAN 1/15/2018 0.01%PENN ELEC CO 10/01/2038 0.01%PUERTO RICO CMWLTH GOVT DEV 12/01/2015 0.01%GARDNER DENVER 8/15/2021 0.01%FANNIE MAE 4/01/2024 0.01%LAND SECURITIES GROUP PLC 0.01%MONRO MUFFLER BRAKE INC 0.01%HUNGARY 3/25/2024 0.01%INDONESIA (REP) 4/25/2022 0.01%PEBBLEBROOK HOTEL TRUST 0.01%HUGHES SATELITE 6/15/2019 0.01%ISIS PHARMACEUTICALS INC 0.01%STERIS CORP 0.01%INDONESIA (REP) 1/17/2042 0.01%FANNIE MAE 8/01/2037 0.01%BR PROPERTIES SA 10/07/2015 0.01%COM FED ELECTRIC 2/14/2042 0.01%ALEXANDER & BALDWIN INC 0.01%WOLVERINE WORLD WIDE INC 0.01%WINNEBAGO INDUSTRIES 0.01%MEXICAN BONOS 11/18/2038 0.01%ALLY FINANCIAL 0.01%USINAS SIDERURGICAS DE MINA 0.01%WF-RBS COMMERCIAL MORTGAGE 3/15/2047 0.01%AST Portfolio Holdings557 of 635

AST T. Rowe Price Asset Allocation Portfolio (continued)Security% of PortfolioBRAKES CAPITAL 12/15/2018 0.01%AGUILA 3 SA 1/31/2018 0.01%B COMMUNICATIONS 2/15/2021 0.01%TIME INC 4/15/2022 0.01%CORELOGIC INC 6/01/2021 0.01%HAYNES INTERNATIONAL INC 0.01%NETSUITE INC 0.01%TURKEY REP OF 3/17/2036 0.01%AMERICREDIT AUTOMOBILE RECE 11/08/2018 0.01%STATION CASINOS 3/01/2021 0.01%JAFZ SUKUK 6/19/2019 0.01%MRIYA AGRO HLDG 4/19/2018 0.01%FERREXPO FINANCE 4/07/2016 0.01%DOWNSTREAM DEVEL 7/01/2019 0.01%HALKBANK 7/19/2017 0.01%FIRST DEFIANCE FINL CORP 0.01%CANADIAN NATURAL RESOURCES 0.01%FANNIE MAE 3/01/2036 0.01%WMG ACQUISITION 4/15/2022 0.01%TAHOE RESOURCES INC 0.01%AMERICAN EXPRESS CREDIT ACC 5/15/2018 0.01%TEXAS CAPITAL BANCSHARES IN 0.01%HEXION US FIN 4/15/2020 0.01%FANNIE MAE 2/01/2027 0.01%CARMAX AUTO OWNER TRUST 11/15/2019 0.01%ST JOE CO/THE 0.01%STOCKLAND 0.01%POTLATCH CORP 0.01%WORTHINGTON INDUSTRIES 0.01%SBA TOWER TRUST 12/15/2017 0.01%ACADIA REALTY TRUST 0.01%GOVERNMENT NATIONAL MORTGAG 9/20/2037 0.01%GATX CORP 6/01/2021 0.01%FREDDIE MAC 9/01/2023 0.01%HUGHES SATELLITE 6/15/2021 0.01%WELLCARE HEALTH 11/15/2020 0.01%PETROBRAS 3/17/2024 0.01%FTI CONSULTING 10/01/2020 0.01%PS BUSINESS PARKS INC/CA 0.01%HAMMERSON PLC 0.01%QUIKSILVER / QS 8/01/2020 0.01%ODBRCHT OFFSHRE 10/01/2022 0.01%HITACHI METALS LTD 0.01%AEP INDUSTRIES 4/15/2019 0.01%SERBIA REPUBLIC 12/03/2018 0.01%BELDEN INC 0.01%ARDAGH PKG FIN 11/15/2020 0.01%PEMEX MASTER TR 6/15/2035 0.01%ABJA INVESTMENT 7/31/2024 0.01%ANTERO RESOURCES 12/01/2020 0.01%FERRELLGAS LP 1/15/2022 0.01%SABINE PASS LNG 11/01/2020 0.01%OMEGA HEALTHCARE 3/15/2024 0.01%GLOBAL LOGISTIC PROPERTIES 0.01%Security% of PortfolioPLATINUM UNDERWRITERS HLDGS 0.01%AMER AXLE & MFG 10/15/2022 0.01%MILACRON/MCRON 2/15/2021 0.01%GUIDEWIRE SOFTWARE INC 0.01%NII INTL TELECOM 8/15/2019 0.01%CLEAN HARBORS IN 6/01/2021 0.01%CIT GROUP INC 8/15/2022 0.01%PENN VIRGINIA 6/01/2020 0.01%CITGO PETROLEUM 8/15/2022 0.01%CIT GROUP INC 8/15/2017 0.01%ALPHA NATURAL 8/01/2020 0.01%UAL CORP 6/01/2018 0.01%JMC STEEL GROUP 3/15/2018 0.01%ALLIANCE DATA 8/01/2022 0.01%ARCELORMITTAL 0.01%GOODYEAR TIRE 3/01/2021 0.01%GANNETT CO 10/15/2023 0.01%FREDDIE MAC 8/01/2040 0.01%ARC DOCUMENT SOLUTIONS INC 0.01%RITE AID CORP 2/15/2027 0.01%SMART TRUST 2/14/2019 0.01%LOXAM SAS 7/23/2022 0.01%GOVERNMENT NATIONAL MORTGAG 6/20/2027 0.01%TENET HEALTHCARE 10/01/2020 0.01%DREAMWORKS ANIMA 8/15/2020 0.01%SM ENERGY CO 2/15/2019 0.01%GENERAL MOTORS 10/02/2043 0.01%GEN MOTORS FIN 5/15/2018 0.01%GOVERNMENT NATIONAL MORTGAG 7/20/2028 0.01%NIPPON YUSEN 0.01%ANALOGIC CORP 0.01%TRACTOR SUPPLY COMPANY 0.01%NATL FINANCIAL 7/15/2021 0.01%FANNIE MAE 10/01/2038 0.01%FANNIE MAE 10/01/2026 0.01%LUKOIL INTL FIN 4/24/2023 0.01%TERRENO REALTY CORP 0.01%FIVE BELOW 0.01%CSC HOLDINGS LLC 11/15/2021 0.01%AIRCASTLE LTD 12/01/2019 0.01%DSW INC-CLASS A 0.01%VEEVA SYSTEMS INC-CLASS A 0.01%VANTIV INC - CL A 0.01%VEDANTA RESOURCE 1/31/2019 0.01%WESTERN REFINING 4/01/2021 0.01%FRESENIUS MED 7/31/2019 0.01%CONSOL ENERGY 4/01/2020 0.01%JAMAICA GOVT 6/24/2019 0.01%DUPONT FABROS TE 9/15/2021 0.01%ECOPETROL SA 5/28/2045 0.01%CIECH GROUP 11/30/2019 0.01%BURLINGTON NORTH 3/01/2041 0.01%DELL INC 6/15/2019 0.01%FEI COMPANY 0.01%AST Portfolio Holdings558 of 635

AST T. Rowe Price Asset Allocation Portfolio (continued)Security% of PortfolioKM GERMANY 12/15/2020 0.01%SAPPI PAPIER HOL 4/15/2021 0.01%IASIS HEALTHCARE 5/15/2019 0.01%DIGICEL GROUP 4/01/2022 0.01%BANCO EST RIO GR 2/02/2022 0.01%FREDDIE MAC 3/01/2040 0.01%WHEELS SPV LLC 3/20/2021 0.01%MEM PROD PART LP 8/01/2022 0.01%FORD CREDIT AUTO LEASE TRUS 3/15/2017 0.01%SWIRE PRO MTN FI 6/18/2022 0.01%REGENCY ENERGY 3/01/2022 0.01%GOLDCREST CO LTD 0.01%SCOTIABANK PERU 12/13/2027 0.01%VIRGIN MEDIA SEC 1/15/2021 0.01%MGM RESORTS 12/15/2021 0.01%MVW OWNER TRUST 4/22/2030 0.01%INEOS FINANCE PL 2/15/2019 0.01%SBERBANK 10/29/2022 0.01%BHARTI AIRTEL IN 3/11/2023 0.01%POST HOLDINGS INC 0.01%POPULAR INC 7/01/2019 0.01%FREDDIE MAC 10/01/2040 0.01%CHARTER COMMUNICATION-A 0.01%CONSTELLIUM NV 5/15/2024 0.01%COM FED ELECTRIC 1/15/2024 0.01%SM ENERGY CO 1/01/2023 0.01%POLYONE CORP 9/15/2020 0.01%INDONESIA GOV'T 5/15/2027 0.01%EX-IM BK OF IN 8/07/2017 0.01%AMERIGAS FINANCE 5/20/2022 0.01%BLACKHAWK NETWORK HOLDINGS 0.01%XPO LOGISTICS INC 0.01%GCC 2/08/2020 0.01%GENMARK DIAGNOSTICS INC 0.01%OSISKO GOLD ROYALTIES LT 0.01%SUMMIT MATERIALS 1/31/2020 0.01%FOREST CITY ENT 8/15/2018 0.01%WIDEOPENWEST FIN 7/15/2019 < 0.01%CIT GROUP INC 5/15/2020 < 0.01%FANNIE MAE 1/01/2026 < 0.01%UKRLANDFARMING 3/26/2018 < 0.01%VIDEOTRON LTD 7/15/2022 < 0.01%CHICAGO IL O'HARE INTERNATI 1/01/2040 < 0.01%CAPITAL AUTO RECEIVABLES AS 4/22/2019 < 0.01%FISERV INC 6/15/2016 < 0.01%CAPELLA HEALTHCA 7/01/2017 < 0.01%KERLING PLC 2/01/2017 < 0.01%LAREDO PETROLEUM 5/01/2022 < 0.01%MYERS INDUSTRIES INC < 0.01%CORELOGIC INC < 0.01%BLUELINE RENTAL 2/01/2019 < 0.01%SIX FLAGS ENT 1/15/2021 < 0.01%GTB FINANCE BV 11/08/2018 < 0.01%ROMANIA 2/07/2022 < 0.01%Security% of PortfolioPROV FUND ASSOC 6/15/2021 < 0.01%SEVEN GENS ENER 5/15/2020 < 0.01%MERILL LYNCH 4/25/2018 < 0.01%AGCO CORP 12/01/2021 < 0.01%HOLCIM LTD-REG < 0.01%NXP BV/NXP FUNDI 3/15/2023 < 0.01%SIRONA DENTAL SYSTEMS INC < 0.01%FINANCIAL ENGINES INC < 0.01%TURK TELEKOM 6/19/2024 < 0.01%VIASAT INC 6/15/2020 < 0.01%SEALED AIR CORP 4/01/2023 < 0.01%PERTAMINA 5/03/2042 < 0.01%FANNIE MAE 10/01/2037 < 0.01%FANNIE MAE 9/01/2034 < 0.01%ESSA BANCORP INC < 0.01%SLOVENIA 2/18/2024 < 0.01%YPF SOCIEDAD ANO 4/04/2024 < 0.01%UNIVERSAL HOSP 8/15/2020 < 0.01%GESTAMP FUN LUX 5/31/2020 < 0.01%HUNTINGTON AUTO TRUST 3/15/2017 < 0.01%BR MALLS INTL FI 1/29/2049 < 0.01%FOSSE MASTER ISSUER PLC 10/18/2054 < 0.01%MILLICOM INTL 10/15/2021 < 0.01%WIND ACQ 4/30/2020 < 0.01%ASHTEAD CAPITAL 7/15/2022 < 0.01%NATIONSTAR MORT/ 6/01/2022 < 0.01%ALLISON TRANS 5/15/2019 < 0.01%ALCATEL-LUCENT 1/01/2020 < 0.01%TESORO CORP 4/01/2024 < 0.01%EAGLE MATERIALS INC < 0.01%LUMBER LIQUIDATORS HOLDINGS < 0.01%DUCOMMUN INC 7/15/2018 < 0.01%JP MORGAN CHASE COMMERCIAL 5/15/2045 < 0.01%DIGITALGLOBE INC < 0.01%SCHAEFFLER HOLDI 8/15/2018 < 0.01%REPUBLIC OF PERU 3/14/2037 < 0.01%NORCELL SWED HLD 9/29/2019 < 0.01%QATAR STATE OF 1/20/2022 < 0.01%DEAN FOODS CO < 0.01%AMERICAN SCIENCE & ENGINEER < 0.01%AVX CORP < 0.01%DAIDO STEEL CO LTD < 0.01%FANNIE MAE 5/01/2034 < 0.01%SINCLAIR TELE 10/01/2022 < 0.01%JAGUAR HLD/MERGE 12/01/2019 < 0.01%FRIGOGLASS FINAN 5/15/2018 < 0.01%MOBILE MINI INC < 0.01%BHP-CALL 8/15/2018 < 0.01%ALLEGIANT TRAVEL CO < 0.01%UNITED MEXICAN 1/21/2045 < 0.01%SERBIA REPUBLIC 11/01/2024 < 0.01%EXPRESS SCRIPTS 5/15/2016 < 0.01%CARBO CERAMICS INC < 0.01%ARCELORMITTAL 6/01/2019 < 0.01%AST Portfolio Holdings559 of 635

AST T. Rowe Price Asset Allocation Portfolio (continued)Security% of PortfolioEUROCHEM M & C C 12/12/2017 < 0.01%DIODES INC < 0.01%COLOMBIA REP OF 2/26/2044 < 0.01%WORLD OMNI AUTO RECEIVABLES 8/15/2016 < 0.01%WESTAMERICA BANCORPORATION < 0.01%KINETICS/KCI USA 11/01/2018 < 0.01%ANGIE'S LIST INC < 0.01%MEXICAN BONOS 6/03/2027 < 0.01%SAPPI PAPIER HOL 7/15/2017 < 0.01%FANNIE MAE 8/01/2037 < 0.01%PRECISION DRILL 11/15/2020 < 0.01%INTELSAT LUXEMB 6/01/2023 < 0.01%AKBANK 3/09/2018 < 0.01%ARCELORMITTAL 3/01/2021 < 0.01%KINDRED HEALTHCA 4/15/2022 < 0.01%TALISMAN ENERGY INC < 0.01%TC ZIRAAT BANKAS 7/03/2019 < 0.01%RAYONIER AM PROD 6/01/2024 < 0.01%GOVERNMENT NATIONAL MORTGAG 11/20/2039 < 0.01%OCWEN FINANCIAL 5/15/2019 < 0.01%SESA STERLITE LTD < 0.01%CCRE CO LP/FIN C 2/15/2018 < 0.01%EVRAZ GROUP SA 4/22/2020 < 0.01%APPLIED INDUSTRIAL TECH INC < 0.01%KWG PROPERTY HOL 2/05/2020 < 0.01%PF CHANGS CHINA 6/30/2020 < 0.01%OWENS CORNING 6/15/2019 < 0.01%DOW CHEMICAL CO 11/15/2020 < 0.01%EUROCHEM M & C C 12/12/2017 < 0.01%BERRY PLASTICS GROUP INC < 0.01%GLP J-REIT < 0.01%HINDALCO INDUSTRIES LTD < 0.01%NABORS INDS INC 9/15/2016 < 0.01%BEV PCK HD LU/IN 12/15/2016 < 0.01%GOVERNMENT NATIONAL MORTGAG 11/20/2025 < 0.01%ALLIANCE DATA 4/01/2020 < 0.01%VICTREX PLC < 0.01%NIPPON PROLOGIS REIT INC < 0.01%TRIMAS CORP < 0.01%CONSTELLATION BR 5/01/2022 < 0.01%DOWA HOLDINGS CO LTD < 0.01%UNITED MEXICAN 10/02/2023 < 0.01%FANNIE MAE 1/01/2024 < 0.01%ALLY FINANCIAL 9/15/2020 < 0.01%COMPRESSCO PARTN 8/15/2022 < 0.01%DISCOVER FIN SVS 7/15/2019 < 0.01%TALENT YIELD INV 4/25/2022 < 0.01%MONGOLIA 12/05/2022 < 0.01%FERREYCORP SAA 4/26/2020 < 0.01%PERUSAHAAN GAS 5/16/2024 < 0.01%GTP ACQUISITION 6/15/2016 < 0.01%BANGLALINK DIG 5/06/2019 < 0.01%INFRAESTRUCTURA ENERGETICA < 0.01%MANITOWOC CO 10/15/2022 < 0.01%Security% of PortfolioFANNIE MAE 4/01/2041 < 0.01%JAG HOLD CO I 10/15/2017 < 0.01%AKBANK 10/24/2022 < 0.01%FORD CREDIT AUTO LEASE TRUS 12/15/2015 < 0.01%FANNIE MAE 3/01/2043 < 0.01%INTERACTIVE INTELLIGENCE GR < 0.01%HUFVUDSTADEN AB-A SHS < 0.01%BRADESPAR SA -PREF < 0.01%FANNIE MAE 2/01/2042 < 0.01%PREMIER OIL PLC < 0.01%HCA HOLDINGS INC 2/15/2021 < 0.01%CAN REAL ESTATE INVEST TRUS < 0.01%BWAY HOLDING CO 6/15/2018 < 0.01%VULCAN MATERIALS 6/15/2021 < 0.01%GATEGROUP FIN LU 3/01/2019 < 0.01%CARMAX AUTO OWNER TRUST 8/15/2019 < 0.01%NAVIGANT CONSULTING INC < 0.01%SMART TRUST 10/14/2018 < 0.01%TOWNSQUARE RADIO 4/01/2019 < 0.01%ALERIS INTL 11/01/2020 < 0.01%FANNIE MAE 2/01/2040 < 0.01%ISTAR FINANCIAL 2/15/2018 < 0.01%PETROLEOS DE VEN 5/17/2035 < 0.01%LONGFOR PROPERTI 1/29/2023 < 0.01%LEVI STRAUSS 5/01/2022 < 0.01%COUNTRYWIDE ASSET-BACKED CE 1/25/2034 < 0.01%VIDEOTRON LTEE 7/15/2021 < 0.01%KB HOME 3/15/2020 < 0.01%BUMBLE BEE ACQ 12/15/2017 < 0.01%FANNIE MAE 11/01/2025 < 0.01%PLAYA RESORTS 8/15/2020 < 0.01%ATWOOD OCEANICS 2/01/2020 < 0.01%AGUILA 3 SA 1/31/2018 < 0.01%QUIKSILVER INC < 0.01%JP MORGAN MORTGAGE TRUST 7/25/2035 < 0.01%GTL TRADE FIN 4/16/2044 < 0.01%DISH DBS CORP 6/01/2021 < 0.01%CONCENTRADORA FIBRA DANHOS < 0.01%MEDIACOM BROADBD 4/01/2023 < 0.01%UACJ CORP < 0.01%US ECOLOGY INC < 0.01%GANNETT CO 10/15/2019 < 0.01%HERTZ CORP 10/15/2020 < 0.01%ANCESTRY.COM INC 12/15/2020 < 0.01%JIANGXI COPPER CO LTD-H < 0.01%UNIVISION COMM 9/15/2022 < 0.01%NOVELIS INC 12/15/2020 < 0.01%BAZAARVOICE INC < 0.01%ACTIVISION BLIZZ 9/15/2023 < 0.01%CORRECTIONS CORP 5/01/2023 < 0.01%MPL 2 ACQ CANCO 8/15/2018 < 0.01%CNO FINANCIAL 10/01/2020 < 0.01%ARDAGH FINANCE 6/15/2019 < 0.01%EPICOR SOFTWARE 5/01/2019 < 0.01%AST Portfolio Holdings560 of 635

AST T. Rowe Price Asset Allocation Portfolio (continued)Security% of PortfolioALTICE FINCO SA 12/15/2020 < 0.01%SEARS HLDGS CORP 10/15/2018 < 0.01%TVN FIN CORP III 12/15/2020 < 0.01%DBP HOLDING 10/15/2020 < 0.01%FANNIE MAE 1/01/2041 < 0.01%GREAT PORTLAND ESTATES PLC < 0.01%FORESIGHT ENERGY 8/15/2021 < 0.01%FREDDIE MAC 4/01/2040 < 0.01%CROATIA 7/14/2020 < 0.01%EVRAZ GROUP SA 4/22/2020 < 0.01%FANNIE MAE 9/01/2019 < 0.01%MEN'S WEARHOUSE 7/01/2022 < 0.01%IVORY COAST-PDI 7/23/2024 < 0.01%GOVERNMENT NATIONAL MORTGAG 2/20/2043 < 0.01%CAESARS ENT OPER 6/01/2017 < 0.01%KRATOS DEF & SEC 5/15/2019 < 0.01%CORE LABORATORIES N.V. < 0.01%FANNIE MAE 12/01/2019 < 0.01%ALPHA STAR HOLDI 4/09/2019 < 0.01%PACNET LTD 12/12/2018 < 0.01%GABONESE REPUB 12/12/2024 < 0.01%MCDERMOTT INTL 5/01/2021 < 0.01%ALLEGIANT TRAVEL 7/15/2019 < 0.01%PETROTRIN 8/14/2019 < 0.01%TRANSDIGM INC 7/15/2024 < 0.01%MEGA ADVANCE INV 5/12/2021 < 0.01%CHS/COMMUNITY 11/15/2019 < 0.01%NAMIBIA REP OF 11/03/2021 < 0.01%SANDY SPRING BANCORP INC < 0.01%FANNIE MAE 4/01/2026 < 0.01%PCCW CAP 4 LTD 4/17/2022 < 0.01%BIOMARIN PHARMACEUTICAL INC < 0.01%CCO HOLDINGS LLC 9/01/2023 < 0.01%MILLICOM INTL 10/15/2021 < 0.01%ALTICE FINCO SA 1/15/2024 < 0.01%REP OF SRI LANKA 7/27/2021 < 0.01%PERUSAHAAN LISTR 11/22/2021 < 0.01%AFRICAN RAINBOW MINERALS LT < 0.01%SUN HUNG KAI PRO 2/14/2022 < 0.01%GTB FINANCE BV 5/19/2016 < 0.01%HAZINE MUSTESARL 10/10/2018 < 0.01%NXP BV/NXP FUNDI 2/15/2021 < 0.01%YPF SOCIEDAD ANO 12/19/2018 < 0.01%LONGFOR PROPERTI 10/18/2019 < 0.01%THORATEC CORP < 0.01%FANNIE MAE 9/01/2036 < 0.01%SERVICE CORP INT 11/15/2021 < 0.01%RANGE RESOURCES 8/15/2022 < 0.01%ALERIS INTL 2/15/2018 < 0.01%ENOGEX LLC 3/15/2020 < 0.01%COLOMBIA REP OF 2/26/2024 < 0.01%CODELCO INC 10/18/2043 < 0.01%MATTERHORN MOB 5/15/2019 < 0.01%RLJ LODGING TRUST < 0.01%Security% of PortfolioSAUL CENTERS INC < 0.01%AFFILIATED COMP 6/01/2015 < 0.01%REYNOLDS GROUP 8/15/2019 < 0.01%DEUTSCHE EUROSHOP AG < 0.01%PITTSBURGH GLASS 11/15/2018 < 0.01%DP WORLD LTD 7/02/2037 < 0.01%LADDER CAP FINAN 8/01/2021 < 0.01%LADDER CAP FINAN 10/01/2017 < 0.01%UNITED MEXICAN 10/12/2099 < 0.01%SERBIA REPUBLIC 12/03/2018 < 0.01%RSI HOME PRODUCT 3/01/2018 < 0.01%MEDICINES COMPANY < 0.01%SPRINT NEXTEL 11/15/2021 < 0.01%POST HOLDINGS IN 12/15/2022 < 0.01%SUNCOKE EN PAR L 2/01/2020 < 0.01%NATIONAL BANK HOLD-CL A < 0.01%IS BANKASI 12/10/2023 < 0.01%SIL II/SIL II US 12/15/2020 < 0.01%BULGARIA REP 9/03/2024 < 0.01%OPHIR ENERGY PLC < 0.01%GLACIER BANCORP INC < 0.01%HELIX ENERGY SOLUTIONS GROU < 0.01%CEMEX SAB 9/30/2015 < 0.01%UKRAINE GOVT 6/17/2016 < 0.01%SISECAM 5/09/2020 < 0.01%HALKBANK 2/05/2020 < 0.01%FORD CREDIT FLOORPLAN MASTE 1/15/2018 < 0.01%KWG PROPERTY HOL 3/22/2017 < 0.01%MEADWESTVACO CORP < 0.01%SWEDISH EXP CRED 3/01/2017 < 0.01%HONG KONG DOLLAR < 0.01%INTRALOT FINANCE 8/15/2018 < 0.01%COUNTRY GARDEN 1/10/2023 < 0.01%GOODYEAR TIRE 8/15/2020 < 0.01%DYCOM INVST 1/15/2021 < 0.01%TOWERGATE FINANC 2/15/2018 < 0.01%FANNIE MAE 3/01/2037 < 0.01%SM ENERGY CO 11/15/2021 < 0.01%UPCB FINANCE VI 1/15/2022 < 0.01%CONCHO RES/MIDLA 1/15/2021 < 0.01%GMAC LLC 11/01/2031 < 0.01%CEMEX SAB 10/15/2018 < 0.01%CHICAGO IL TRANSIT AUTH SAL 12/01/2040 < 0.01%ONEX USI AC 1/15/2021 < 0.01%MATADOR RESOURCES CO < 0.01%FRESNILLO PLC 11/13/2023 < 0.01%AZZ INC < 0.01%DELTA AIR 2010-2 5/23/2019 < 0.01%PNSLA CORP/LLC 2/15/2018 < 0.01%PDC ENERGY INC < 0.01%FANNIE MAE 2/01/2038 < 0.01%JLL/DELTA DUTCH 2/01/2022 < 0.01%FREDDIE MAC 7/01/2040 < 0.01%SAN DIEGO CNTY CA WTR AUTH 5/01/2049 < 0.01%AST Portfolio Holdings561 of 635

AST T. Rowe Price Asset Allocation Portfolio (continued)Security% of PortfolioEQUITY ONE INC < 0.01%FANNIE MAE 10/01/2019 < 0.01%FANNIE MAE 4/01/2023 < 0.01%HILONG HOLDING LTD < 0.01%CONTL AIRLINES 7/08/2016 < 0.01%CBS OUT AMER CAP 2/15/2024 < 0.01%MPT OP PTNR/FINL 5/01/2021 < 0.01%CBS OUT AMER CAP 2/15/2022 < 0.01%JBS INVESTMENTS 10/28/2020 < 0.01%FANNIE MAE 8/01/2037 < 0.01%MCE FINANCE LTD 2/15/2021 < 0.01%SALAMANDER ENERGY PLC < 0.01%SBERBANK 2/07/2022 < 0.01%FANNIE MAE 3/01/2034 < 0.01%PUERTO RICO CMWLTH GOVT DEV 8/01/2015 < 0.01%QATAR STATE OF 1/20/2042 < 0.01%NEW YORK CITY NY MUNI WTR F 6/15/2042 < 0.01%TERWIN MORTGAGE TRUST 8/25/2036 < 0.01%HARLAND CLARKE 3/01/2020 < 0.01%HIBBETT SPORTS INC < 0.01%HOLOGIC INC 8/01/2020 < 0.01%GULF ISLAND FABRICATION INC < 0.01%BRF SA 5/22/2023 < 0.01%HUNGARY 11/22/2023 < 0.01%GCX LTD 8/01/2019 < 0.01%SCOTIABANK PERU 12/13/2027 < 0.01%RPC 8/31/2036 < 0.01%RPC 8/31/2036 < 0.01%ALCATEL-LUCENT 11/15/2020 < 0.01%FRONTIER REAL ESTATE INVEST < 0.01%PETROBRAS 5/20/2043 < 0.01%PACNET LTD 12/12/2018 < 0.01%GRAPHIC PACKAGE 4/15/2021 < 0.01%UPCB FINANCE V 11/15/2021 < 0.01%GOODMAN GROUP < 0.01%QUIKSILVER / QS 8/01/2018 < 0.01%BEAR STEARNS COMMERCIAL MOR 9/11/2038 < 0.01%PANTRY INC 8/01/2020 < 0.01%STEEL DYNAMICS 8/15/2019 < 0.01%TEMPUR-PEDIC INT 12/15/2020 < 0.01%COMFORT SYSTEMS USA INC < 0.01%FRIGOGLASS FINAN 5/15/2018 < 0.01%EARTHLINK INC 6/01/2020 < 0.01%ACI WORLDWIDE 8/15/2020 < 0.01%MRIYA AGRO HLDG 4/19/2018 < 0.01%BLOCK COMMUNICAT 2/01/2020 < 0.01%MCRON FINANCE SU 5/15/2019 < 0.01%DISH DBS CORP 7/15/2022 < 0.01%POST HOLDINGS IN 12/01/2021 < 0.01%BHARTI AIRTEL IN 3/11/2023 < 0.01%NAVISTAR INTL 11/01/2021 < 0.01%CANADIAN DOLLAR < 0.01%ALFA S.A. 3/25/2044 < 0.01%VIMPELCOM 2/02/2021 < 0.01%Security% of PortfolioFREDDIE MAC 4/01/2037 < 0.01%MARRIOTT INTERNATIONAL -CL < 0.01%AIR PRODUCTS & CHEMICALS IN < 0.01%MERSIN 8/12/2020 < 0.01%RED CARRE OCC 6/10/2028 < 0.01%PERFORMANT FINANCIAL CORP < 0.01%BEV PCK HD LU/IN 6/15/2017 < 0.01%PARSLEY ENERGY INC-CLASS A < 0.01%H&E EQUIPMENT 9/01/2022 < 0.01%FANNIE MAE 5/01/2035 < 0.01%EXOPACK HOLDNG 6/01/2018 < 0.01%STANCORP FINANCIAL GROUP < 0.01%UPC HOLDING BV 3/15/2023 < 0.01%POPULAR INC < 0.01%PAR PHARMACEUTIC 10/15/2020 < 0.01%COSAN LUXEMBOURG 3/14/2023 < 0.01%GOVERNMENT NATIONAL MORTGAG 12/20/2039 < 0.01%PVR PARTNERS LP 5/15/2021 < 0.01%PFLEIDERER AG 8/01/2019 < 0.01%GOVERNMENT NATIONAL MORTGAG 9/20/2025 < 0.01%TEKNI-PLEX INC 6/01/2019 < 0.01%PENN VIRGINIA CO < 0.01%SELECTIVE INSURANCE GROUP < 0.01%AMER ENERGY/AEPB 11/01/2021 < 0.01%VALE SA-SP PREF ADR < 0.01%HALKBANK 2/05/2020 < 0.01%APOGEE ENTERPRISES INC < 0.01%PETROLEOS MEXICA 9/12/2024 < 0.01%INTERXION HOLDIN 7/15/2020 < 0.01%SERBIA REPUBLIC 11/21/2017 < 0.01%TCF FINANCIAL CORP < 0.01%KINETICS/KCI USA 11/01/2019 < 0.01%VIMPELCOM HLDGS 2/13/2019 < 0.01%SPS COMMERCE INC < 0.01%FREDDIE MAC 6/01/2023 < 0.01%CERIDIAN CORP 7/15/2019 < 0.01%RIVERS PITTSBURG 6/15/2019 < 0.01%GEOPARK LAT AM C 2/11/2020 < 0.01%UNUM GROUP 9/15/2020 < 0.01%FLOTEK INDUSTRIES INC < 0.01%KAPSTONE PAPER AND PACKAGIN < 0.01%FURUKAWA CO LTD < 0.01%SINO OC TR FIN I 7/30/2019 < 0.01%CMS ENERGY 3/15/2022 < 0.01%BOARDRIDERS 12/15/2017 < 0.01%SONIC AUTOMOTIVE 7/15/2022 < 0.01%GOVERNMENT NATIONAL MORTGAG 11/20/2039 < 0.01%FANNIE MAE 9/01/2025 < 0.01%VOUGEOT BIDCO 7/15/2020 < 0.01%GREAT CANADIAN 7/25/2022 < 0.01%DCP MIDSTREAM OP 4/01/2019 < 0.01%FREDDIE MAC 4/01/2025 < 0.01%PANDORA MEDIA INC < 0.01%MPT OP PTNR/FINL 2/15/2022 < 0.01%AST Portfolio Holdings562 of 635

AST T. Rowe Price Asset Allocation Portfolio (continued)Security% of PortfolioGAIL INDIA LTD < 0.01%S FRWD EUR 8/22/2014 < 0.01%FANNIE MAE 1/01/2036 < 0.01%SAFWAY GROUP HLD 5/15/2018 < 0.01%PT ADARO INDONES 10/22/2019 < 0.01%AMER AXLE & MFG 2/15/2019 < 0.01%CASE NEW HOLLAND 12/01/2017 < 0.01%GEN MOTORS FIN 6/01/2018 < 0.01%TULLOW OIL PLC < 0.01%S FRWD EUR 9/12/2014 < 0.01%FREDDIE MAC 5/01/2040 < 0.01%ANGLO PACIFIC GROUP PLC < 0.01%EXTERRAN PARTNER 4/01/2021 < 0.01%TURKEY REP OF 3/05/2038 < 0.01%BR MALLS PARTICIPACOES SA < 0.01%CONTL AIRLINES 11/10/2019 < 0.01%CONTL AIRLINES 1/12/2021 < 0.01%SAPPI PAPIER HOL 6/15/2019 < 0.01%GROUP 1 AUTO 6/01/2022 < 0.01%OROCOBRE LTD < 0.01%TRUVEN HEALTH 6/01/2020 < 0.01%ARAB REP EGYPT 4/30/2040 < 0.01%ROMANIA 11/07/2019 < 0.01%CAPITAL AUTO RECEIVABLES AS 10/22/2018 < 0.01%INTERLINE BRANDS 11/15/2018 < 0.01%DELEK & AVNER TA 12/30/2025 < 0.01%MITSUBISHI MATERIALS CORP < 0.01%STARWOOD HOTELS 12/01/2019 < 0.01%MEDASSETS INC 11/15/2018 < 0.01%ALLY FINANCIAL 3/15/2020 < 0.01%A-S CO-ISS SUB I 12/15/2020 < 0.01%WEST CORP 1/15/2019 < 0.01%VIMPELCOM HLDGS 3/01/2022 < 0.01%IGUATEMI EMP DE SHOPPING < 0.01%ALASKA AIR GROUP INC < 0.01%URSTADT BIDDLE - CLASS A < 0.01%SOUTH AFRICA 3/08/2041 < 0.01%POST PROPERTIES INC < 0.01%PETROLEOS DE VEN 4/12/2027 < 0.01%ZAMBIA REP OF 4/14/2024 < 0.01%CLEAN HARBORS IN 8/01/2020 < 0.01%KAZMUNAYGAS NAT 4/09/2021 < 0.01%NII CAPITAL CORP 4/01/2021 < 0.01%CONTROLADORA MAB 10/28/2019 < 0.01%KAZAKHSTAN TEMIR 7/10/2042 < 0.01%WOOD GROUP (JOHN) PLC < 0.01%GENEL ENERGY PLC < 0.01%CODELCO INC 9/21/2035 < 0.01%FANNIE MAE 12/01/2035 < 0.01%PRESTIGE BRANDS 2/01/2020 < 0.01%FANNIE MAE 6/01/2024 < 0.01%PETROBRAS 3/17/2044 < 0.01%UAL CORP 7/15/2028 < 0.01%AKBANK 2/05/2018 < 0.01%Security% of PortfolioHYSAN DEVELOPMENT CO < 0.01%SYNOVUS FINANCIAL CORP < 0.01%PENNYMAC FINANCIAL SERVICE- < 0.01%FANNIE MAE 6/01/2039 < 0.01%CERVED TECH 1/15/2020 < 0.01%COLOMBIA REP OF 7/12/2021 < 0.01%MU FINANCE PLC 2/01/2017 < 0.01%ODEBRECHT FINANC 6/26/2042 < 0.01%JAMAICA GOVT 11/16/2021 < 0.01%SPECTRUM BRANDS 11/15/2020 < 0.01%BHARTI AIRTEL IN 5/20/2024 < 0.01%TRUST F/1401 12/15/2024 < 0.01%FANNIE MAE 11/01/2037 < 0.01%PETROBRAS INTL 1/20/2040 < 0.01%REP OF PAKISTAN 4/15/2019 < 0.01%ODBRCHT OFFSHRE 10/01/2022 < 0.01%WMG ACQUISITION 1/15/2021 < 0.01%PORTAVENTURA 12/01/2020 < 0.01%USG CORP 11/01/2021 < 0.01%PREMIER FOODS 3/15/2021 < 0.01%REYNOLDS GROUP 10/15/2020 < 0.01%DIGICEL LIMITED 4/15/2021 < 0.01%CORP FINANCIERA 7/15/2029 < 0.01%FANNIE MAE 11/01/2033 < 0.01%FANNIE MAE 12/01/2034 < 0.01%ARDAGH PKG FIN 1/31/2019 < 0.01%MONGOLIA 1/05/2018 < 0.01%MSA SAFETY INC < 0.01%FANNIE MAE 11/01/2036 < 0.01%SISECAM 5/09/2020 < 0.01%FANNIE MAE 7/01/2026 < 0.01%FREDDIE MAC 10/01/2039 < 0.01%AVANGARDCO INVES 10/29/2015 < 0.01%NII CAPITAL CORP 8/15/2016 < 0.01%GENERAL CABLE CORP < 0.01%JOHNSON MATTHEY PLC < 0.01%WOLVERINE WORLD 10/15/2020 < 0.01%SPECTRUM BRANDS 11/15/2022 < 0.01%PIONEER NATURAL 1/15/2020 < 0.01%FOREST CITY ENTERPRISES-CL < 0.01%CLEAR CHNL WORLD 3/15/2020 < 0.01%SCHWEITZER-MAUDUIT INTL INC < 0.01%FANNIE MAE 11/01/2033 < 0.01%CODELCO INC 7/17/2042 < 0.01%PERUSAHAAN LISTR 10/24/2042 < 0.01%ARC RESOURCES LTD < 0.01%ALIANSCE SHOPPING CENTERS S < 0.01%OPOWER INC < 0.01%FREDDIE MAC 2/01/2037 < 0.01%GOVERNMENT NATIONAL MORTGAG 2/20/2039 < 0.01%VOYAGE CARE 8/01/2018 < 0.01%GOVERNMENT NATIONAL MORTGAG 11/20/2037 < 0.01%INTL FLAVORS & FRAGRANCES < 0.01%PUERTO RICO CMWLTH GOVT DEV 2/01/2015 < 0.01%AST Portfolio Holdings563 of 635

AST T. Rowe Price Asset Allocation Portfolio (continued)Security% of PortfolioFANNIE MAE 8/01/2040 < 0.01%MBL CHLGR INTER 3/15/2019 < 0.01%DELL INC 4/01/2021 < 0.01%WELLS FARGO MORTGAGE BACKED 6/25/2034 < 0.01%FANNIE MAE 4/01/2035 < 0.01%FRESENIUS MED 1/31/2022 < 0.01%FREDDIE MAC 2/01/2041 < 0.01%BARBADOS 12/05/2035 < 0.01%AINSWORTH LUMBER 12/15/2017 < 0.01%AMER AXLE & MFG 3/15/2021 < 0.01%FREDDIE MAC 12/01/2039 < 0.01%AVIV HEALTHCARE 2/15/2019 < 0.01%FANNIE MAE 9/01/2035 < 0.01%DEBT & ASSET TRA 10/10/2025 < 0.01%UNTD AIR 14-2 B 9/03/2022 < 0.01%DOMINICAN REPUBL 1/28/2024 < 0.01%S FRWD MXP 8/22/2014 < 0.01%CIT EQUIPMENT COLLATERAL 8/22/2016 < 0.01%TETRA TECHNOLOGIES INC < 0.01%GOODYEAR TIRE 8/15/2020 < 0.01%JFE HOLDINGS INC < 0.01%FANNIE MAE 7/01/2032 < 0.01%DELTA AIR 2011-1 4/15/2019 < 0.01%POTLATCH CORP 11/01/2019 < 0.01%CONGO REPUBLIC O 6/30/2029 < 0.01%FREDDIE MAC 2/01/2041 < 0.01%ELIOR FINANCE & 5/01/2020 < 0.01%DIST OF COLUMBIA INCOME TAX 12/01/2034 < 0.01%GOVERNMENT NATIONAL MORTGAG 1/20/2026 < 0.01%AXALTA COAT SYS 2/01/2021 < 0.01%AMERICREDIT AUTOMOBILE RECE 9/08/2016 < 0.01%S FRWD GBP 10/10/2014 < 0.01%KANSAS ST DEV FIN AUTH REVE 5/01/2034 < 0.01%BANC OF AMERICA MORTGAGE SE 11/25/2035 < 0.01%INMOBILIARIA COLONIAL SA < 0.01%VIRGINIA ST CMWLTH TRANSPRT 5/15/2035 < 0.01%AM AIRLN 13-1 B 1/15/2021 < 0.01%MANITOWOC CO 11/01/2020 < 0.01%TESCO CORP < 0.01%JAPAN YEN < 0.01%BOYD GAMING CORP 7/01/2020 < 0.01%ESTERLINE TECH 8/01/2020 < 0.01%COLUMBUS MCKINN 2/01/2019 < 0.01%RELIANCE INTERME 12/15/2019 < 0.01%FANNIE MAE 12/01/2036 < 0.01%GRUPO TELEVISA 5/14/2043 < 0.01%AFFINIA GROUP 5/01/2021 < 0.01%WEST FRASER TIMBER CO LTD < 0.01%HUNGARY 3/29/2041 < 0.01%FANNIE MAE 6/01/2037 < 0.01%PETROLEOS MEXICA 1/23/2045 < 0.01%CF INDUSTRIES HOLDINGS INC < 0.01%WARTSILA OYJ ABP < 0.01%COMPUTER MODELLING GROUP LT < 0.01%Security% of PortfolioHUNTINGTON AUTO TRUST 1/17/2017 < 0.01%PETROBRAS INTL 3/15/2019 < 0.01%FANNIE MAE 10/01/2035 < 0.01%FANNIE MAE 9/01/2036 < 0.01%S FRWD CLP 5 8/22/2014 < 0.01%FANNIE MAE 6/01/2035 < 0.01%NUVISTA ENERGY LTD < 0.01%PLATFORM SPECIALTY PRODUCTS < 0.01%FANNIE MAE 4/01/2038 < 0.01%LEVEL 3 FIN INC 6/01/2020 < 0.01%PRECISION DRILL 12/15/2021 < 0.01%ARCELORMITTAL 8/05/2020 < 0.01%REYNOLDS GROUP 4/15/2019 < 0.01%VIDRALA SA < 0.01%FREDDIE MAC 2/01/2037 < 0.01%WAMU MORTGAGE PASS-THROUGH 9/25/2035 < 0.01%FANNIE MAE 6/01/2036 < 0.01%FREDDIE MAC 12/01/2033 < 0.01%GRENADA GOVT 9/15/2025 < 0.01%FANNIE MAE 7/01/2032 < 0.01%S FRWD PLZ 8/22/2014 < 0.01%AUSTRALIA DOLLAR < 0.01%FREDDIE MAC 2/01/2035 < 0.01%FANNIE MAE 2/01/2021 < 0.01%ECLIPSE RESOURCES CORP < 0.01%FREDDIE MAC 2/01/2041 < 0.01%FANNIE MAE 12/01/2035 < 0.01%FANNIE MAE 8/01/2024 < 0.01%FANNIE MAE 4/01/2033 < 0.01%EL PASO CORP 2/15/2016 < 0.01%S FRWD CHF 8/12/2014 < 0.01%CYBEROPTICS CORP < 0.01%FREDDIE MAC 7/01/2025 < 0.01%FREDDIE MAC 2/01/2037 < 0.01%FANNIE MAE 1/01/2037 < 0.01%CCO HOLDINGS LLC 3/15/2021 < 0.01%BRYN MAWR BANK CORP < 0.01%DOMINICAN REPUBL 1/23/2018 < 0.01%OREGON ST 6/01/2027 < 0.01%FANNIE MAE 8/01/2037 < 0.01%FREDDIE MAC 8/01/2036 < 0.01%FREDDIE MAC 4/01/2040 < 0.01%R&R PIK 5/10/2018 < 0.01%FREDDIE MAC 9/01/2020 < 0.01%FANNIE MAE 3/01/2034 < 0.01%SWISS FRANC < 0.01%FANNIE MAE 11/01/2034 < 0.01%GOVERNMENT NATIONAL MORTGAG 5/20/2034 < 0.01%FANNIE MAE 8/01/2037 < 0.01%US AIR 2012-2B 6/03/2021 < 0.01%FREDDIE MAC 2/01/2041 < 0.01%FREDDIE MAC 10/01/2040 < 0.01%FANNIE MAE 11/01/2037 < 0.01%FANNIE MAE 12/01/2036 < 0.01%AST Portfolio Holdings564 of 635

AST T. Rowe Price Asset Allocation Portfolio (continued)Security% of PortfolioFANNIE MAE 8/01/2038 < 0.01%S FRWD BRC 8/22/2014 < 0.01%FANNIE MAE 5/01/2019 < 0.01%FANNIE MAE 11/01/2035 < 0.01%CREDIT SUISSE MORTGAGE TRUS 10/27/2036 < 0.01%FREDDIE MAC 11/01/2040 < 0.01%FANNIE MAE 2/01/2037 < 0.01%FREDDIE MAC 10/01/2039 < 0.01%HD SUPPLY INC 7/15/2020 < 0.01%FANNIE MAE 7/01/2020 < 0.01%FREDDIE MAC 2/01/2037 < 0.01%FANNIE MAE 10/01/2036 < 0.01%FANNIE MAE 12/01/2036 < 0.01%FANNIE MAE 3/01/2036 < 0.01%CLEAR CHNL WORLD 11/15/2022 < 0.01%CLEAR CHNL WORLD 3/15/2020 < 0.01%FREDDIE MAC 10/01/2040 < 0.01%SWEDISH KRONA < 0.01%FREDDIE MAC 8/01/2038 < 0.01%FANNIE MAE 4/01/2039 < 0.01%FANNIE MAE 8/01/2037 < 0.01%FANNIE MAE 3/01/2033 < 0.01%FANNIE MAE 5/01/2020 < 0.01%FREDDIE MAC 9/01/2020 < 0.01%FANNIE MAE 8/01/2036 < 0.01%FANNIE MAE 11/01/2033 < 0.01%FANNIE MAE 11/01/2032 < 0.01%FANNIE MAE 10/01/2037 < 0.01%FANNIE MAE 7/01/2035 < 0.01%GOVERNMENT NATIONAL MORTGAG 10/20/2039 < 0.01%L FRWD COP 1,9 8/22/2014 < 0.01%S FRWD BRC 8/22/2014 < 0.01%FANNIE MAE 9/01/2036 < 0.01%FANNIE MAE 4/01/2034 < 0.01%S SPOT JPY 1 8/04/2014 < 0.01%S FRWD RUB 10/15/2014 < 0.01%FREDDIE MAC 3/01/2033 < 0.01%FANNIE MAE 7/01/2035 < 0.01%BANC OF AMERICA MORTGAGE SE 11/25/2035 < 0.01%FANNIE MAE 8/01/2034 < 0.01%FREDDIE MAC 3/01/2036 < 0.01%FANNIE MAE 9/01/2037 < 0.01%FANNIE MAE 3/01/2022 < 0.01%FANNIE MAE 5/01/2037 < 0.01%FREDDIE MAC 11/01/2033 < 0.01%BANC OF AMERICA MORTGAGE SE 2/25/2034 < 0.01%FANNIE MAE 4/01/2037 < 0.01%FANNIE MAE 10/01/2037 < 0.01%S FRWD HUF 8/22/2014 < 0.01%S FRWD HUF 8/22/2014 < 0.01%FANNIE MAE 8/01/2022 < 0.01%FANNIE MAE 1/01/2036 < 0.01%FANNIE MAE 12/01/2035 < 0.01%FREDDIE MAC 10/01/2040 < 0.01%Security% of PortfolioFANNIE MAE 9/01/2017 < 0.01%FANNIE MAE 9/01/2019 < 0.01%FANNIE MAE 12/01/2038 < 0.01%FANNIE MAE 11/01/2037 < 0.01%FANNIE MAE 3/01/2038 < 0.01%FANNIE MAE 12/01/2036 < 0.01%GREIF INC 8/01/2019 < 0.01%FANNIE MAE 11/01/2034 < 0.01%FRESENIUS MED 7/15/2017 < 0.01%FANNIE MAE 9/01/2021 < 0.01%JP MORGAN CHASE COMMERCIAL 10/15/2042 < 0.01%FANNIE MAE 8/01/2038 < 0.01%FANNIE MAE 1/01/2037 < 0.01%FANNIE MAE 11/01/2021 < 0.01%FANNIE MAE 4/01/2021 < 0.01%FANNIE MAE 11/01/2019 < 0.01%FANNIE MAE 12/01/2036 < 0.01%BANC OF AMERICA MORTGAGE SE 9/25/2034 < 0.01%FANNIE MAE 8/01/2019 < 0.01%FTI CONSULTING 11/15/2022 < 0.01%FANNIE MAE 10/01/2017 < 0.01%FREDDIE MAC 7/01/2038 < 0.01%FANNIE MAE 9/01/2034 < 0.01%WELLS FARGO MORTGAGE BACKED 1/25/2034 < 0.01%FANNIE MAE 6/01/2023 < 0.01%FANNIE MAE 11/01/2036 < 0.01%FREDDIE MAC 1/01/2037 < 0.01%FANNIE MAE 9/01/2034 < 0.01%SINGAPORE DOLLAR < 0.01%FANNIE MAE 11/01/2020 < 0.01%FREDDIE MAC 10/01/2036 < 0.01%S SPOT JPY 1 8/04/2014 < 0.01%S FRWD MXP 8/22/2014 < 0.01%FREDDIE MAC 12/01/2040 < 0.01%FREDDIE MAC 7/01/2035 < 0.01%FANNIE MAE 8/01/2034 < 0.01%FANNIE MAE 11/01/2036 < 0.01%FANNIE MAE 12/01/2032 < 0.01%FANNIE MAE 9/01/2021 < 0.01%FREDDIE MAC 11/01/2033 < 0.01%FREDDIE MAC 9/01/2020 < 0.01%S FRWD MXP 8/22/2014 < 0.01%GOVERNMENT NATIONAL MORTGAG 3/20/2034 < 0.01%SUN HUNG KAI WTS EXP: 2016 < 0.01%FREDDIE MAC 10/01/2036 < 0.01%FANNIE MAE 9/01/2021 < 0.01%S FRWD BRC 8/22/2014 < 0.01%FANNIE MAE 3/01/2036 < 0.01%S FRWD RON 10/15/2014 < 0.01%FANNIE MAE 8/01/2034 < 0.01%SEQUOIA MORTGAGE TRUST 2/25/2040 < 0.01%BANC OF AMERICA MORTGAGE SE 5/25/2034 < 0.01%S FRWD GBP 10/10/2014 < 0.01%S FRWD ZAR 8/22/2014 < 0.01%AST Portfolio Holdings565 of 635

AST T. Rowe Price Asset Allocation Portfolio (continued)Security% of PortfolioFANNIE MAE 5/01/2018 < 0.01%FREDDIE MAC 11/01/2033 < 0.01%FANNIE MAE 1/01/2034 < 0.01%FANNIE MAE 8/01/2021 < 0.01%FREDDIE MAC 11/01/2035 < 0.01%FANNIE MAE 8/01/2034 < 0.01%FANNIE MAE 1/01/2020 < 0.01%FREDDIE MAC 11/01/2036 < 0.01%FANNIE MAE 12/01/2035 < 0.01%FANNIE MAE 9/01/2021 < 0.01%FREDDIE MAC 8/01/2036 < 0.01%S SPOT AUD 8/05/2014 < 0.01%BANC OF AMERICA MORTGAGE SE 10/25/2034 < 0.01%FREDDIE MAC 11/01/2018 < 0.01%S FRWD EUR 8/22/2014 < 0.01%FANNIE MAE 5/01/2022 < 0.01%FREDDIE MAC 12/01/2035 < 0.01%FREDDIE MAC 6/01/2037 < 0.01%CHASE FUNDING MORTGAGE LOAN 9/25/2031 < 0.01%FANNIE MAE 5/01/2022 < 0.01%FANNIE MAE 10/01/2037 < 0.01%FANNIE MAE 12/01/2018 < 0.01%FANNIE MAE 12/01/2036 < 0.01%S FRWD MXP 8/22/2014 < 0.01%FANNIE MAE 7/01/2032 < 0.01%FREDDIE MAC 10/01/2018 < 0.01%GOVERNMENT NATIONAL MORTGAG 9/20/2032 < 0.01%S FRWD EUR 8/22/2014 < 0.01%FANNIE MAE 4/01/2018 < 0.01%S FRWD MXP 8/22/2014 < 0.01%FREDDIE MAC 4/01/2019 < 0.01%FANNIE MAE 7/01/2036 < 0.01%S FRWD EUR 8/22/2014 < 0.01%S SPOT JPY 1 8/04/2014 < 0.01%FREDDIE MAC 11/01/2033 < 0.01%S FRWD EUR 8/22/2014 < 0.01%L FRWD IDR 11,6 8/22/2014 < 0.01%FANNIE MAE 6/01/2018 < 0.01%FANNIE MAE 9/01/2038 < 0.01%BTU INTERNATIONAL INC < 0.01%GOVERNMENT NATIONAL MORTGAG 6/15/2026 < 0.01%S FRWD EUR 9/12/2014 < 0.01%GOVERNMENT NATIONAL MORTGAG 7/15/2026 < 0.01%FANNIE MAE 7/01/2019 < 0.01%FANNIE MAE 1/01/2037 < 0.01%S FRWD EUR 9/12/2014 < 0.01%FANNIE MAE 7/01/2019 < 0.01%S SPOT AUD 8/05/2014 < 0.01%L FRWD ZAR 8/22/2014 < 0.01%FANNIE MAE 3/01/2038 < 0.01%S FRWD EUR 8/22/2014 < 0.01%GOVERNMENT NATIONAL MORTGAG 12/20/2033 < 0.01%GOVERNMENT NATIONAL MORTGAG 10/20/2032 < 0.01%FANNIE MAE 12/01/2035 < 0.01%Security% of PortfolioFREDDIE MAC 12/01/2018 < 0.01%FANNIE MAE 9/01/2036 < 0.01%S FRWD EUR 8/22/2014 < 0.01%FANNIE MAE 7/01/2022 < 0.01%FANNIE MAE 3/01/2018 < 0.01%FANNIE MAE 4/01/2019 < 0.01%FANNIE MAE 8/01/2034 < 0.01%FREDDIE MAC 1/01/2036 < 0.01%SEVENTY SEVEN ENERGY INC < 0.01%FANNIE MAE 10/01/2019 < 0.01%FREDDIE MAC 8/01/2020 < 0.01%S FRWD EUR 8/22/2014 < 0.01%FREDDIE MAC 6/01/2032 < 0.01%S FRWD CLP 8/22/2014 < 0.01%FREDDIE MAC 12/01/2036 < 0.01%S FRWD CLP 5 8/22/2014 < 0.01%FREDDIE MAC 7/01/2033 < 0.01%L FRWD MYR 8/22/2014 < 0.01%GOVERNMENT NATIONAL MORTGAG 3/20/2034 < 0.01%S FRWD EUR 8/22/2014 < 0.01%S FRWD MXP 8/22/2014 < 0.01%FANNIE MAE 7/01/2022 < 0.01%FANNIE MAE 11/01/2017 < 0.01%GOVERNMENT NATIONAL MORTGAG 1/20/2033 < 0.01%S FRWD EUR 9/12/2014 < 0.01%S SPOT NOK 8/04/2014 < 0.01%FANNIE MAE 3/01/2022 < 0.01%FREDDIE MAC 10/01/2032 < 0.01%L FRWD IND 8/22/2014 < 0.01%FANNIE MAE 1/01/2036 < 0.01%S FRWD EUR 9/12/2014 < 0.01%S SPOT GBP 8/04/2014 < 0.01%FANNIE MAE 9/01/2017 < 0.01%S FRWD BRC 8/22/2014 < 0.01%FANNIE MAE 1/01/2036 < 0.01%FANNIEMAE STRIP 2/01/2032 < 0.01%FANNIE MAE 3/01/2017 < 0.01%S SPOT AUD 8/05/2014 < 0.01%FANNIE MAE 1/01/2017 < 0.01%FANNIE MAE 5/01/2037 < 0.01%FANNIE MAE 1/01/2017 < 0.01%GOVERNMENT NATIONAL MORTGAG 7/15/2023 < 0.01%S FRWD EUR 9/12/2014 < 0.01%FREDDIE MAC 6/01/2032 < 0.01%FREDDIE MAC 9/01/2032 < 0.01%FANNIE MAE 7/01/2021 < 0.01%GOVERNMENT NATIONAL MORTGAG 6/15/2022 < 0.01%FANNIE MAE 8/01/2017 < 0.01%FANNIE MAE 1/01/2017 < 0.01%S SPOT AUD 8/05/2014 < 0.01%GOVERNMENT NATIONAL MORTGAG 3/15/2019 < 0.01%S SPOT GBP 8/04/2014 < 0.01%S FRWD BRC 8/22/2014 < 0.01%GOVERNMENT NATIONAL MORTGAG 6/15/2017 < 0.01%AST Portfolio Holdings566 of 635

AST T. Rowe Price Asset Allocation Portfolio (continued)Security% of PortfolioGOVERNMENT NATIONAL MORTGAG 6/15/2016 < 0.01%FANNIE MAE 2/01/2018 < 0.01%FANNIE MAE 4/01/2032 < 0.01%S FRWD CHF 8/12/2014 < 0.01%FANNIE MAE 1/01/2037 < 0.01%FANNIE MAE 8/01/2022 < 0.01%FANNIE MAE 7/01/2017 < 0.01%S SPOT JPY 1 8/04/2014 < 0.01%GOVERNMENT NATIONAL MORTGAG 9/15/2022 < 0.01%FANNIE MAE 9/01/2040 < 0.01%GOVERNMENT NATIONAL MORTGAG 5/15/2017 < 0.01%S FRWD EUR 9/12/2014 < 0.01%GOVERNMENT NATIONAL MORTGAG 2/15/2017 < 0.01%FANNIE MAE 1/01/2031 < 0.01%S SPOT SEK 8/04/2014 < 0.01%FANNIE MAE 4/01/2036 < 0.01%L FRWD EUR 8/22/2014 < 0.01%GOVERNMENT NATIONAL MORTGAG 1/15/2020 < 0.01%S SPOT CHF 8/04/2014 < 0.01%GOVERNMENT NATIONAL MORTGAG 12/15/2016 < 0.01%L FRWD ZAR 8/22/2014 < 0.01%GOVERNMENT NATIONAL MORTGAG 12/15/2016 < 0.01%S SPOT GBP 8/04/2014 < 0.01%ROMANIA NEW LEI < 0.01%L SPOT HK 8/01/2014 < 0.01%S SPOT HK 8/01/2014 < 0.01%L SPOT DKK 8/04/2014 < 0.01%L FRWD ZAR 8/22/2014 < 0.01%L SPOT DKK 8/04/2014 < 0.01%S SPOT HK 8/01/2014 < 0.01%S SPOT EUR 8/01/2014 < 0.01%S SPOT CHF 8/05/2014 < 0.01%S SPOT CHF 8/05/2014 < 0.01%L SPOT GBP 8/01/2014 < 0.01%S SPOT EUR 8/01/2014 < 0.01%S SPOT EUR 8/04/2014 < 0.01%L SPOT DKK 8/04/2014 < 0.01%L SPOT DKK 8/01/2014 < 0.01%L SPOT DKK 8/01/2014 < 0.01%L FRWD MXP 8/22/2014 < 0.01%S SPOT CHF 8/05/2014 < 0.01%L FRWD MXP 8/22/2014 < 0.01%L SPOT DKK 8/04/2014 < 0.01%L SPOT GBP 8/01/2014 < 0.01%S SPOT EUR 8/01/2014 < 0.01%L SPOT GBP 8/04/2014 < 0.01%L SPOT GBP 8/04/2014 < 0.01%L SPOT EUR 8/01/2014 < 0.01%S FRWD IDR 11,6 8/22/2014 < 0.01%L FRWD COP 8/22/2014 < 0.01%L SPOT CHF 8/04/2014 < 0.01%L SPOT CND 8/01/2014 < 0.01%L SPOT GBP 8/01/2014 < 0.01%L FRWD EUR 9/12/2014 < 0.01%Security% of PortfolioL FRWD KOR 8/22/2014 < 0.01%L SPOT GBP 8/01/2014 < 0.01%L FRWD MXP 8/22/2014 < 0.01%L FRWD PLZ 8/22/2014 < 0.01%L SPOT GBP 8/01/2014 < 0.01%L FRWD PLZ 8/22/2014 < 0.01%L FRWD KOR 1,0 8/22/2014 < 0.01%L FRWD EUR 9/12/2014 < 0.01%L FRWD TRL 8/22/2014 < 0.01%CDS OTC 1.000% CHINA 9/20/2019 < 0.01%S FRWD ZAR 8/22/2014 < 0.01%L FRWD EUR 9/12/2014 < 0.01%L FRWD MXP 8/22/2014 < 0.01%S FRWD PEI 8/22/2014 < 0.01%L FRWD PEI 8/22/2014 < 0.01%L FRWD EUR 8/22/2014 < 0.01%L FRWD EUR 9/12/2014 < 0.01%L FRWD BRC 8/22/2014 < 0.01%L FRWD EUR 8/22/2014 < 0.01%L FRWD ZAR 8/22/2014 < 0.01%L FRWD BRC 8/22/2014 < 0.01%S FRWD IDR 11,9 8/22/2014 < 0.01%L FRWD RUB 10/15/2014 < 0.01%L FRWD AUD 8/20/2014 < 0.01%L FRWD PLZ 8/22/2014 < 0.01%(S)CDX HY CDS1 S22 5Y 6/20/2019 < 0.01%L FRWD CHF 8/20/2014 < 0.01%UK POUND STERLING < 0.01%EURO < 0.01%L FRWD JPY 8/20/2014 < 0.01%L FRWD EUR 8/20/2014 < 0.01%L FRWD GBP 8/20/2014 < 0.01%AST Portfolio Holdings567 of 635

AST T. Rowe Price Diversified Real Growth PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 3.72%TRP-EM MKT BND 3.18%PRICE-IN HI YELD 2.74%TSY INFL IX N/B 4/15/2017 2.42%TRP-INS FL/RT 2.19%TSY INFL IX N/B 4/15/2018 1.33%TSY INFL IX N/B 1/15/2024 0.79%THERMO FISHER SCIENTIFIC IN 0.72%US TREASURY N/B 8/15/2043 0.69%AMAZON.COM INC 0.66%VISA INC-CLASS A SHARES 0.61%MCKESSON CORP 0.60%TSY INFL IX N/B 4/15/2016 0.60%JPMORGAN CHASE & CO 0.60%PRICELINE GROUP INC/THE 0.60%AMERICAN AIRLINES GROUP INC 0.59%PFIZER INC 0.59%GENERAL ELECTRIC CO 0.58%MERCK & CO. INC. 0.58%BAIDU INC - SPON ADR 0.56%UNITED TECHNOLOGIES CORP 0.55%BOEING CO/THE 0.54%DANAHER CORP 0.53%PIONEER NATURAL RESOURCES C 0.53%GILEAD SCIENCES INC 0.50%TSY INFL IX N/B 7/15/2015 0.49%PHILLIPS 66 0.48%STATE STREET CORP 0.47%GOOGLE INC-CL C 0.46%UNITEDHEALTH GROUP INC 0.45%WELLS FARGO & CO 0.44%JOHNSON & JOHNSON 0.44%GOOGLE INC-CL A 0.44%MORGAN STANLEY 0.41%APPLE INC 0.39%PEPSICO INC 0.39%TSY INFL IX N/B 7/15/2016 0.38%APACHE CORP 0.38%AGILENT TECHNOLOGIES INC 0.37%BIOGEN IDEC INC 0.36%WEYERHAEUSER CO 0.36%ECOLAB INC 0.35%SHERWIN-WILLIAMS CO/THE 0.35%TEXAS INSTRUMENTS INC 0.34%US TREASURY N/B 8/15/2015 0.34%NOVARTIS AG-REG 0.34%FACEBOOK INC-A 0.34%TENCENT HOLDINGS LTD 0.34%CITIGROUP INC 0.33%TD AMERITRADE HOLDING CORP 0.33%TSY INFL IX N/B 1/15/2018 0.32%US TREASURY N/B 2/15/2036 0.32%LOWE'S COS INC 0.31%AIA GROUP LTD 0.31%Security% of PortfolioAMERICAN TOWER CORP 0.30%BHP BILLITON LTD 0.30%TSY INFL IX N/B 4/15/2019 0.30%CONCHO RESOURCES INC 0.29%US TREASURY N/B 11/15/2041 0.29%LAS VEGAS SANDS CORP 0.29%WYNN RESORTS LTD 0.29%MASTERCARD INC-CLASS A 0.29%PHILIP MORRIS INTERNATIONAL 0.28%METLIFE INC 0.28%BANK OF AMERICA CORP 0.28%ROPER INDUSTRIES INC 0.28%US BANCORP 0.27%RIO TINTO PLC 0.27%TSY INFL IX N/B 1/15/2029 0.27%HONEYWELL INTERNATIONAL INC 0.27%COVIDIEN PLC 0.27%PNC FINANCIAL SERVICES GROU 0.27%AMERICAN EXPRESS CO 0.27%NESTLE SA-REG 0.27%CARNIVAL CORP 0.26%INTERNATIONAL PAPER CO 0.26%TAIWAN SEMICONDUCTOR MANUFA 0.26%US TREASURY N/B 3/31/2015 0.26%EQT CORP 0.26%US TREASURY N/B 5/31/2019 0.26%STARBUCKS CORP 0.25%WALT DISNEY CO/THE 0.25%CELANESE CORP-SERIES A 0.25%SCHLUMBERGER LTD 0.25%PRAXAIR INC 0.24%NRG ENERGY INC 0.24%CROWN CASTLE INT 0.23%ENI SPA 0.23%HOME DEPOT INC 0.23%PRECISION CASTPARTS CORP 0.23%HOLCIM LTD-REG 0.23%XEROX CORP 0.22%ALEXION PHARMACEUTICALS INC 0.22%SPECTRA ENERGY CORP 0.22%CHIPOTLE MEXICAN GRILL INC 0.22%MICROSOFT CORP 0.22%ROYAL DUTCH SHELL PLC-ADR 0.21%TRW AUTOMOTIVE HOLDINGS COR 0.21%TSY INFL IX N/B 2/15/2044 0.21%AMERIPRISE FINANCIAL INC 0.20%CELGENE CORP 0.20%TSY INFL IX N/B 7/15/2022 0.20%EXXON MOBIL CORP 0.20%CIGNA CORP 0.20%US TREASURY N/B 9/30/2016 0.20%CREDIT SUISSE GROUP AG-REG 0.20%HOSPIRA INC 0.19%ALLERGAN INC 0.19%AST Portfolio Holdings568 of 635

AST T. Rowe Price Diversified Real Growth Portfolio (continued)Security% of PortfolioENTERGY CORP 0.19%ROYAL DUTCH SHELL PLC-ADR 0.19%SUMITOMO CORP 0.19%SIMON PROPERTY GROUP INC 0.19%AES CORP 0.19%TIME WARNER INC 0.19%GENERAL GROWTH PROPERTIES 0.19%TYCO INTERNATIONAL LTD 0.18%NXP SEMICONDUCTORS NV 0.18%JAPAN TOBACCO INC 0.18%HCA HOLDINGS INC 0.18%ROSS STORES INC 0.18%NIPPON TELEGRAPH & TELEPHON 0.17%TIME WARNER CABLE 0.17%NETFLIX INC 0.17%INVESCO LTD 0.17%AUTOMATIC DATA PROCESSING 0.16%FIRSTENERGY CORP 0.16%TOKIO MARINE HOLDINGS INC 0.16%BUNGE LTD 0.16%VERIZON COMM INC 9/15/2033 0.16%MDU RESOURCES GROUP INC 0.16%CHESAPEAKE ENERGY CORP 0.16%MARSH & MCLENNAN COS 0.16%ALLSTATE CORP 0.16%MICRON TECHNOLOGY INC 0.16%DISCOVER FINANCIAL SERVICES 0.16%GOLDMAN SACHS GP 2/15/2019 0.16%P G & E CORP 0.16%CHEVRON CORP 0.16%WYNN MACAU LTD 0.15%BR MALLS PARTICIPACOES SA 0.15%BECTON DICKINSON AND CO 0.15%3M CO 0.15%PEMEX MASTER TR 6/15/2035 0.15%KOHLS CORP 0.15%BARCLAYS PLC 0.15%LYONDELLBASELL INDU-CL A 0.15%TURKEY REP OF 6/05/2020 0.15%AIRBUS GROUP NV 0.15%LINKEDIN CORP - A 0.15%CVS CAREMARK CORP 0.15%CITIGROUP INC 5/15/2018 0.15%NBCUNIVERSAL MED 4/30/2020 0.15%CALPINE CORP 0.15%WPP PLC 0.14%ACCENTURE PLC-CL A 0.14%BHP BILLITON PLC 0.14%ITAU UNIBANCO HOLDING S-PRE 0.14%KOITO MANUFACTURING CO LTD 0.14%EXELON CORP 0.14%AON PLC 0.14%SALESFORCE.COM INC 0.14%TIME WARNER CABL 2/15/2021 0.14%Security% of PortfolioMGM RESORTS INTERNATIONAL 0.14%STANDARD CHARTERED PLC 0.14%MAGNIT OJSC-SPON GDR REGS 0.14%L BRANDS INC 0.14%JOHNSON CONTROLS INC 0.14%HDFC BANK LTD-ADR 0.14%JPMBB COMMERCIAL MORTGAGE S 4/15/2047 0.14%HONDA MOTOR CO LTD 0.14%WFRBS 2014-C20 AS 5/15/2047 0.14%SVENSKA HANDELSBANKEN-A SHS 0.13%EXPRESS SCRIPTS 5/15/2016 0.13%INPEX CORP 0.13%SAMSUNG ELECTRONICS CO LTD 0.13%DENTSPLY INTERNATIONAL INC 0.13%ANHEUSER-BUSCH 2/15/2016 0.13%WELLS FARGO CO 3/08/2022 0.13%MORGAN STANLEY BAML TRUST 8/15/2047 0.13%BANK OF AMER CRP 1/22/2024 0.13%WELLPOINT INC 0.13%AMER EXPRESS CR 7/27/2018 0.13%RIO TINTO FINANC 6/17/2016 0.13%MORGAN STANLEY 4/25/2018 0.13%GOLDCORP INC 3/15/2018 0.13%GEN ELEC CAP CRP 4/02/2018 0.13%THOMSON REUTERS 5/23/2016 0.13%ORACLE CORP 10/08/2019 0.13%AT&T INC 12/01/2017 0.13%ANADARKO PETROLEUM CORP 0.13%GLAXOSMITHKLINE PLC-SPON AD 0.13%UNICREDIT SPA 0.13%JPMORGAN CHASE 5/01/2023 0.13%BANCO BILBAO VIZCAYA ARGENT 0.13%CATHOLIC HEALTH 11/01/2022 0.12%O'REILLY AUTOMOTIVE INC 0.12%ZURICH INSURANCE GROUP AG 0.12%STRYKER CORP 0.12%LOJAS RENNER S.A. 0.12%BRIT COLUMBIA 10/23/2022 0.12%INFOSYS LTD-SP ADR 0.12%GLENCORE PLC 0.12%HANG LUNG PROPERTIES LTD 0.12%NIKE INC -CL B 0.12%PALL CORP 0.12%PETROBRAS 5/20/2043 0.12%ABBVIE INC 0.12%OCCIDENTAL PETROLEUM CORP 0.12%FAMILYMART CO LTD 0.12%LIBERTY GLOBAL-C 0.12%AMERICAN ELECTRIC POWER 0.12%CHUBB CORP 0.12%FLOWSERVE CORP 0.12%WALGREEN CO 0.12%KERING 0.11%MMC NORILSK NICKEL JSC-ADR 0.11%AST Portfolio Holdings569 of 635

AST T. Rowe Price Diversified Real Growth Portfolio (continued)Security% of PortfolioINGREDION INC 0.11%CIE FINANCIERE RICHEMON-REG 0.11%UNITED CONTINENTAL HOLDINGS 0.11%BEIJING ENTERPRISES HLDGS 0.11%OMNICOM GROUP 0.11%EQUIFAX INC 0.11%GENERAL MILLS INC 0.11%CAPITA PLC 0.11%LLOYDS BANKING GROUP PLC 0.11%INTERCONTINENTAL EXCHANGE I 0.11%BARCLAYS PLC-SPONS ADR 0.11%UNITED PARCEL SERVICE-CL B 0.11%WESTERN DIGITAL CORP 0.11%AMERISOURCEBERGEN CORP 0.11%POTASH CORP OF SASKATCHEWAN 0.11%RANGE RESOURCES CORP 0.11%VALERO ENERGY CORP 0.11%INVESTEC PLC 0.11%PERNOD RICARD SA 0.10%QUALCOMM INC 0.10%COSTCO WHOLESALE CORP 0.10%WALMART DE MEXICO-SER V 0.10%PROLOGIS INC 0.10%NAVER CORP 0.10%CIMAREX ENERGY CO 0.10%KT&G CORP 0.10%SBERBANK-SPONSORED ADR 0.10%TSY INFL IX N/B 7/15/2021 0.10%DIRECT LINE INSURANCE GROUP 0.10%NIPPON ACCOMMODATIONS FUND 0.10%UNION PACIFIC CORP 0.10%KANSAS CITY SOUTHERN 0.10%HYUNDAI MOBIS CO LTD 0.10%NORTHERN TRUST CORP 0.10%ROLLS-ROYCE HOLDINGS PLC 0.10%FEDEX CORP 0.10%ILLINOIS TOOL WORKS 0.10%KERRY PROPERTIES LTD 0.09%GOLDCORP INC 0.09%ROYAL BANK OF SCOTLAND GROU 0.09%CAPITAL ONE FINANCIAL CORP 0.09%RPM INTERNATIONAL INC 0.09%VIACOM INC-CLASS B 0.09%SOFTBANK CORP 0.09%PROCTER & GAMBLE CO/THE 0.09%AVALONBAY COMMUNITIES INC 0.09%HYUNDAI MOTOR CO 0.09%ASML HOLDING NV 0.09%SSE PLC 0.09%STARWOOD HOTELS & RESORTS 0.09%ASPEN PHARMACARE HOLDINGS L 0.09%PROGRESSIVE CORP 0.09%SIGMA-ALDRICH 0.09%ESSEX PROPERTY TRUST INC 0.09%Security% of PortfolioCOMCAST CORP-SPECIAL CL A 0.09%DR PEPPER SNAPPLE GROUP INC 0.09%DELTA AIR LINES INC 0.09%VOLKSWAGEN AG-PREF 0.09%LG HOUSEHOLD & HEALTH CARE 0.09%SYSCO CORP 0.09%INTUITIVE SURGICAL INC 0.09%WADDELL & REED FINANCIAL-A 0.09%HONGKONG LAND HOLDINGS LTD 0.09%AIRGAS INC 0.09%AVIVA PLC 0.09%ARM HOLDINGS PLC 0.09%FRANCO-NEVADA CORP 0.09%VIPSHOP HOLDINGS LTD - ADS 0.09%WABTEC CORP 0.09%BAYER AG-REG 0.09%GKN PLC 0.09%MARATHON OIL CORP 0.09%WW GRAINGER INC 0.09%TELEFONICA SA 0.08%DP WORLD LTD 0.08%SANTOS LTD 0.08%FISERV INC 0.08%SHINHAN FINANCIAL GROUP LTD 0.08%ROYAL DUTCH SHELL PLC-B SHS 0.08%MACERICH CO/THE 0.08%COGNIZANT TECH SOLUTIONS-A 0.08%MITSUI & CO LTD 0.08%TEXTRON INC 0.08%AT&T INC 0.08%ITOCHU CORP 0.08%LAND SECURITIES GROUP PLC 0.08%AMEC PLC 0.08%APPLIED MATERIALS INC 0.08%DUFRY AG-REG 0.08%TRACTOR SUPPLY COMPANY 0.08%SL GREEN REALTY CORP 0.08%AMGEN INC 0.08%WESTERN UNION CO 0.08%EXPERIAN PLC 0.08%US TREASURY N/B 5/15/2038 0.08%FIDELITY NATIONAL INFORMATI 0.08%CHINA OVERSEAS LAND & INVES 0.08%VODAFONE GROUP PLC-SP ADR 0.08%EQUITY RESIDENTIAL 0.08%PUBLIC STORAGE 0.08%TEVA PHARMACEUTICAL-SP ADR 0.08%GRUPO FINANCIERO BANORTE-O 0.08%HANA FINANCIAL GROUP 0.08%ANHEUSER-BUSCH INBEV NV 0.08%SEAGATE TECHNOLOGY 0.08%CREDIT SAISON CO LTD 0.08%BANK OF NEW YORK MELLON COR 0.08%NISSAN MOTOR CO LTD 0.08%AST Portfolio Holdings570 of 635

AST T. Rowe Price Diversified Real Growth Portfolio (continued)Security% of PortfolioVALEANT PHARMACEUTICALS 0.08%GAS NATURAL SDG SA 0.08%AXIS BANK LTD- GDR REG S 0.08%TELECOM ITALIA-RSP 0.08%NORFOLK SOUTHERN CORP 0.08%ZOETIS INC 0.08%SKY DEUTSCHLAND AG 0.07%SABMILLER PLC 0.07%KDDI CORP 0.07%UNI-PRESIDENT ENTERPRISES C 0.07%TRANSOCEAN INC 12/15/2021 0.07%EDENRED 0.07%FRESNILLO PLC 0.07%ROHM CO LTD 0.07%ATOS 0.07%J.C. PENNEY CO INC 0.07%SEMPRA ENERGY 0.07%MONDELEZ INTERNATIONAL INC- 0.07%EXELON GENERATIO 10/01/2019 0.07%CISCO SYSTEMS INC 0.07%DELPHI CORP 5/15/2021 0.07%FREEPORT-MCMORAN INC 0.07%IHS INC-CLASS A 0.07%MARRIOTT INTERNATIONAL -CL 0.07%SOUTHWEST AIR 12/15/2016 0.07%FEDERAL REALTY INVS TRUST 0.07%WILLIAM HILL PLC 0.07%PETROLEO BRASIL-SP PREF AD 0.07%WANT WANT CHINA HOLDINGS LT 0.07%WINDSTREAM HOLDINGS INC 0.07%EATON CORP PLC 0.07%GECINA SA 0.07%DELHAIZE GROUP 0.07%BOSTON PROPERTIES INC 0.07%WAL-MART STORES INC 0.07%KILROY REALTY LP 8/15/2029 0.07%AKAMAI TECHNOLOGIES INC 0.07%TESLA MOTORS INC 0.07%ACERINOX SA 0.07%DNB ASA 0.07%HILTON WORLDWIDE HOLDINGS I 0.07%RANDGOLD RESOURCES LTD 0.07%CNOOC LTD 0.07%MUENCHENER RUECKVER AG-REG 0.07%SOUTHERN COPPER CORP 0.07%TYSON FOODS INC 6/15/2022 0.07%SVENSKA CELLULOSA AB SCA-B 0.07%AXA SA 0.07%US TREASURY N/B 2/15/2039 0.07%ECOPETROL SA 5/28/2045 0.07%MARTIN MARIETTA MATERIALS 0.07%HANESBRANDS INC 0.07%DANSKE BANK A/S 0.07%PETRA DIAMONDS LTD 0.07%Security% of PortfolioVALEANT PHARMACEUTICALS INT 0.07%EMAAR PROPERTIES PJSC 0.07%ICICI BANK LTD-SPON ADR 0.07%RITE AID CORP 0.07%DISCOVERY COMMUNICATIONS-C 0.07%SONOVA HOLDING AG-REG 0.07%VORNADO REALTY TRUST 0.07%SERVICENOW INC 0.07%REGENCY CENTERS CORP 0.07%HEXAGON AB-B SHS 0.07%SIMS METAL MANAGEMENT LTD 0.06%BANK OF MONTREAL 7/14/2017 0.06%FORD CREDIT AUTO LEASE TRUS 11/15/2017 0.06%TURKIYE GARANTI BANKASI 0.06%BANK NOVA SCOTIA 7/21/2017 0.06%GE EQUIPMENT TRANSPORTATION 8/23/2022 0.06%LIBERTY MUTUAL 8/01/2044 0.06%AMERICAN INTL GROUP 7/16/2019 0.06%EQT MIDSTREAM PT 8/01/2024 0.06%ASTRO MALAYSIA HOLDINGS BHD 0.06%GEORGE WASHINGTO 9/15/2044 0.06%CTRIP.COM INTERNATIONAL-ADR 0.06%DOUGLAS EMMETT INC 0.06%COMPASS GROUP 0.06%AMCOR LIMITED 0.06%VALE SA-SP PREF ADR 0.06%ARCHER-DANIELS-MIDLAND CO 0.06%CHINA MENGNIU DAIRY CO 0.06%SCHNEIDER ELECTRIC SE 0.06%EDP - ENERGIAS DO BRASIL SA 0.06%DOWNER EDI LTD 0.06%GENERAL MOTORS CO 0.06%FLETCHER BUILDING LTD 0.06%DAIDO STEEL CO LTD 0.06%RYANAIR HOLDINGS PLC-SP ADR 0.06%DIGITAL REALTY TRUST INC 0.06%SHOPRITE HOLDINGS LTD 0.06%BRAMBLES LTD 0.06%TOLL HOLDINGS LTD 0.06%TAKEDA PHARMACEUTICAL CO LT 0.06%MITSUBISHI MOTORS CORP 0.06%SM ENERGY CO 0.06%YAHOO JAPAN CORP 0.06%KIMCO REALTY CORP 0.06%BURBERRY GROUP PLC 0.06%ILLUMINA INC 0.06%JAMES HARDIE INDUSTRIES-CDI 0.06%XILINX INC 0.06%AVAGO TECHNOLOGIES LTD 0.06%ALTICE SA 0.06%WOOLWORTHS HOLDINGS LTD 0.06%ELDORADO GOLD CORP 0.06%GN STORE NORD A/S 0.06%RED HAT INC 0.06%AST Portfolio Holdings571 of 635

AST T. Rowe Price Diversified Real Growth Portfolio (continued)Security% of PortfolioVERTEX PHARMACEUTICALS INC 0.06%QBE INSURANCE GROUP LTD 0.06%TATA MOTORS LTD-SPON ADR 0.06%NUCOR CORP 0.06%SYNGENTA AG-REG 0.06%PING AN INSURANCE GROUP CO- 0.06%LIBERTY GLOBAL-A 0.06%KONINKLIJKE AHOLD NV 0.05%BANK CENTRAL ASIA TBK PT 0.05%ASSA ABLOY AB-B 0.05%BRITISH SKY BROADCASTING GR 0.05%ANGLOGOLD ASHANTI LTD 0.05%POLA ORBIS HOLDINGS INC 0.05%ILIAD SA 0.05%KONINKLIJKE PHILIPS NV 0.05%MARKS & SPENCER GROUP PLC 0.05%MATTEL INC 0.05%AVON PRODUCTS INC 0.05%CARDINAL HEALTH INC 0.05%PHARMACYCLICS INC 0.05%REXEL SA 0.05%NETSUITE INC 0.05%MONSANTO CO 0.05%ERSTE GROUP BANK AG 0.05%UACJ CORP 0.05%JULIUS BAER GROUP LTD 0.05%SILVER WHEATON CORP 0.05%MCGRAW HILL FINANCIAL INC 0.05%DOLLAR TREE INC 0.05%VOLVO AB-B SHS 0.05%MESSAGE CO LTD 0.05%SANKYO CO LTD 0.05%AISIN SEIKI CO LTD 0.05%CARMAX INC 0.05%GLAXOSMITHKLINE PLC 0.05%LPL FINANCIAL HOLDINGS INC 0.05%SARANA MENARA NUSANTARA PT 0.05%COLGATE-PALMOLIVE CO 0.05%ALIGN TECHNOLOGY INC 0.05%REGENERON PHARMACEUTICALS 0.05%PERSIMMON PLC 0.05%PACIFIC TEXTILES HOLDINGS 0.05%NISOURCE INC 0.05%SERCO GROUP PLC 0.05%RIO TINTO LTD 0.05%BRENNTAG AG 0.05%58.COM INC-ADR 0.05%RLJ LODGING TRUST 0.05%SONY CORP 0.05%TWENTY-FIRST CENTURY FOX-A 0.05%CANADIAN PACIFIC RAILWAY LT 0.05%OLYMPUS CORP 0.05%NORMA GROUP SE 0.05%FRESENIUS SE & CO KGAA 0.05%Security% of PortfolioC.H. ROBINSON WORLDWIDE INC 0.05%PRYSMIAN SPA 0.05%MICROCHIP TECHNOLOGY INC 0.05%KATE SPADE & CO 0.05%TEREX CORP 0.05%DONGFENG MOTOR GRP CO LTD-H 0.05%KILROY REALTY CORP 0.05%FINANCIERE RICHEMONT-DEP RE 0.05%TULLOW OIL PLC 0.05%INCITEC PIVOT LTD 0.05%CHINA UNICOM HONG KONG LTD 0.05%ESTEE LAUDER COMPANIES-CL A 0.04%WHITING PETROLEUM CORP 0.04%LEIGHTON HOLDINGS LTD 0.04%MULTIPLUS SA 0.04%MOSAIC CO/THE 0.04%STANLEY BLACK & DECKER INC 0.04%MCDONALD'S CORP 0.04%NATIONAL OILWELL VARCO INC 0.04%DOCTOR REDDY'S LAB-ADR 0.04%FP CORP 0.04%BIM BIRLESIK MAGAZALAR AS 0.04%ERICSSON LM-B SHS 0.04%MICHAEL KORS HOLDINGS LTD 0.04%SOFTBANK CORP-UNSPON ADR 0.04%MATSUMOTOKIYOSHI HOLDINGS C 0.04%LEONI AG 0.04%SONY FINANCIAL HOLDINGS INC 0.04%OASIS PETROLEUM INC 0.04%EUTELSAT COMMUNICATIONS 0.04%KASIKORNBANK PCL-NVDR 0.04%MCCORMICK & CO-NON VTG SHRS 0.04%CORE LABORATORIES N.V. 0.04%UNIBAIL-RODAMCO SE 0.04%OTSUKA HOLDINGS CO LTD 0.04%VMWARE INC-CLASS A 0.04%TEMP HOLDINGS CO LTD 0.04%FASTENAL CO 0.04%ANGLO AMERICAN PLC 0.04%GAM HOLDING AG 0.04%GEA GROUP AG 0.04%CONTINENTAL RESOURCES INC/O 0.04%RELIANCE STEEL & ALUMINUM 0.04%BLACKROCK INC 0.04%SNAM SPA 0.04%VICTREX PLC 0.04%NIPPON STEEL & SUMITOMO MET 0.04%FNF GROUP 0.04%ROCKWELL COLLINS INC 0.04%SABMILLER PLC 0.04%CARPHONE WAREHOUSE GROUP PL 0.04%CONCUR TECHNOLOGIES INC 0.04%DAIICHIKOSHO CO LTD 0.04%MEDTRONIC INC 0.04%AST Portfolio Holdings572 of 635

AST T. Rowe Price Diversified Real Growth Portfolio (continued)Security% of PortfolioCONAGRA FOODS INC 0.04%POSCO 0.04%TELEFONICA DEUTSCHLAND HOLD 0.04%OCEANEERING INTL INC 0.04%BANCO BRADESCO SA-PREF 0.04%COCA-COLA CO/THE 0.04%SANRIO CO LTD 0.04%GRUPO MEXICO SAB DE CV-SER 0.04%EAST WEST BANCORP INC 0.04%HARMAN INTERNATIONAL 0.04%SAMSONITE INTERNATIONAL SA 0.04%POLARIS INDUSTRIES INC 0.04%FORTESCUE METALS GROUP LTD 0.04%EDUCATION REALTY TRUST INC 0.04%QUANTA COMPUTER INC 0.04%SKYWORKS SOLUTIONS INC 0.04%BNP PARIBAS 0.04%ASTRA INTERNATIONAL TBK PT 0.04%IRON MOUNTAIN INC 0.04%MONCLER SPA 0.04%MACQUARIE GROUP LTD 0.04%IND & COMM BK OF CHINA-H 0.04%AIR LIQUIDE SA 0.04%COLFAX CORP 0.04%HUBBELL INC -CL B 0.03%TRIMBLE NAVIGATION LTD 0.03%EUROFINS SCIENTIFIC 0.03%HERTZ GLOBAL HOLDINGS INC 0.03%TESCO PLC 0.03%BOSTON PRIVATE FINL HOLDING 0.03%RAYMOND JAMES FINANCIAL INC 0.03%START TODAY CO LTD 0.03%ENERGIZER HOLDINGS INC 0.03%PROTECTIVE LIFE CORP 0.03%FIRST AMERICAN FINANCIAL 0.03%DELPHI AUTOMOTIVE PLC 0.03%LINCOLN ELECTRIC HOLDINGS 0.03%ANNALY CAPITAL MANAGEMENT I 0.03%ACUITY BRANDS INC 0.03%ACTAVIS PLC 0.03%PIRAEUS BANK S.A 0.03%KIRBY CORP 0.03%PETROLEO BRASILEIRO S.A.-AD 0.03%SM INVESTMENTS CORP 0.03%CAMDEN PROPERTY TRUST 0.03%FORTUNE BRANDS HOME & SECUR 0.03%BANK MANDIRI PERSERO TBK PT 0.03%FLEETCOR TECHNOLOGIES INC 0.03%SOHO CHINA LTD 0.03%SAP SE 0.03%NEXANS SA 0.03%SEATTLE GENETICS INC 0.03%BROOKFIELD CANADA OFFICE PR 0.03%CSL LTD 0.03%Security% of PortfolioCNO FINANCIAL GROUP INC 0.03%CHERRY HILL MORTGAGE INVEST 0.03%UNIVERSAL ROBINA CORP 0.03%AJISEN CHINA HOLDINGS LTD 0.03%MIDDLEBY CORP 0.03%FIRST REPUBLIC BANK/CA 0.03%JONES LANG LASALLE INC 0.03%REPUBLIC SERVICES INC 0.03%BG GROUP PLC 0.03%SUPERIOR ENERGY SERVICES IN 0.03%CP ALL PCL-FOREIGN 0.03%ZAIS FINANCIAL CORP 0.03%PAYPOINT PLC 0.03%MUSASHI SEIMITSU INDUSTRY C 0.03%CUBIST PHARMACEUTICALS INC 0.03%AVEVA GROUP PLC 0.03%CALIFORNIA WATER SERVICE GR 0.03%WPX ENERGY INC 0.03%MERCADOLIBRE INC 0.03%FIRST POTOMAC REALTY TRUST 0.03%SK HYNIX INC 0.03%PACKAGING CORP OF AMERICA 0.03%FIRST QUANTUM MINERALS LTD 0.03%TRIPADVISOR INC 0.03%ENERGEN CORP 0.03%WR GRACE & CO 0.03%SEI INVESTMENTS COMPANY 0.03%EQUINIX INC 0.03%SANLAM LTD 0.03%DIAGEO PLC 0.03%JUPITER FUND MANAGEMENT 0.03%YAHOO! INC 0.03%NIPPON PROLOGIS REIT INC 0.03%STILLWATER MINING CO 0.03%TCF FINANCIAL CORP 0.03%MICROS SYSTEMS INC 0.03%FAURECIA 0.03%EOG RESOURCES INC 0.03%JARDEN CORP 0.03%BIOMARIN PHARMACEUTICAL INC 0.03%INCYTE CORP 0.03%AMERICAN RESIDENTIAL PROPER 0.03%HOST HOTELS & RESORTS INC 0.03%ALEXANDRIA REAL ESTATE EQUI 0.03%HESS CORP 0.03%WEINGARTEN REALTY INVESTORS 0.03%FIRST NIAGARA FINANCIAL GRP 0.03%EASYJET PLC 0.03%NABTESCO CORP 0.03%FLUOR CORP 0.03%MANPOWERGROUP INC 0.03%BRUNSWICK CORP 0.03%SYMETRA FINANCIAL CORP 0.03%MAPLETREE INDUSTRIAL TRUST 0.03%AST Portfolio Holdings573 of 635

AST T. Rowe Price Diversified Real Growth Portfolio (continued)Security% of PortfolioCENTERPOINT ENERGY INC 0.03%ELLINGTON RESIDENTIAL MORTG 0.03%GLOBAL LOGISTIC PROPERTIES 0.03%HUANENG POWER INTL INC-H 0.03%PREFERRED BANK/LOS ANGELES 0.03%OLD REPUBLIC INTL CORP 0.03%COGNEX CORP 0.03%SCENTRE GROUP 0.03%HALLIBURTON CO 0.03%NIHON PARKERIZING CO LTD 0.03%NATIONAL FUEL GAS CO 0.03%XCHANGING PLC 0.03%THYSSENKRUPP AG 0.03%YELLOW HAT LTD 0.03%ROCK TENN COMPANY -CL A 0.03%SGS SA-REG 0.03%SHAFTESBURY PLC 0.03%VALLEY NATIONAL BANCORP 0.03%SIGNATURE BANK 0.03%BT INVESTMENT MANAGEMENT LT 0.03%ISIS PHARMACEUTICALS INC 0.03%UNIPRES CORP 0.03%ARSEUS NV 0.03%SBA COMMUNICATIONS CORP-CL 0.03%ZOOMLION HEAVY INDUSTRY - H 0.03%TAHOE RESOURCES INC 0.03%IDEXX LABORATORIES INC 0.03%JFE HOLDINGS INC 0.03%ARC DOCUMENT SOLUTIONS INC 0.03%TENARIS SA-ADR 0.03%ASHLAND INC 0.03%JERONIMO MARTINS 0.03%ISS A/S 0.03%ACTIVISION BLIZZARD INC 0.03%GRACO INC 0.03%FAR EASTONE TELECOMM CO LTD 0.03%SIRIUS XM HOLDINGS INC 0.03%WRIGHT MEDICAL GROUP INC 0.03%ENAGAS SA 0.03%CYS INVESTMENTS INC 0.03%YANDEX NV-A 0.03%VESUVIUS PLC 0.03%CBIZ INC 0.03%WABCO HOLDINGS INC 0.03%T-MOBILE US INC 0.03%RAMCO-GERSHENSON PROPERTIES 0.03%FURUKAWA CO LTD 0.03%HARLEY-DAVIDSON INC 0.03%TWITTER INC 0.03%CHINA LONGYUAN POWER GROUP- 0.03%OLD DOMINION FREIGHT LINE 0.03%GRIFOLS SA 0.03%SANKYO TATEYAMA INC 0.03%CENTAMIN PLC 0.03%Security% of PortfolioUCP INC - CL A 0.03%TIM HORTONS INC 0.03%ALKERMES PLC 0.03%ATHLON ENERGY INC 0.03%BLOOMIN' BRANDS INC 0.03%CHINA NATIONAL BUILDING MA- 0.03%HEALTHCARE SERVICES GROUP 0.03%CREE INC 0.03%AUTODESK INC 0.03%CFS RETAIL PROPERTY TRUST G 0.03%XL GROUP PLC 0.03%CIMB GROUP HOLDINGS BHD 0.03%CYPRESS SEMICONDUCTOR CORP 0.03%NHK SPRING CO LTD 0.03%CEPHEID INC 0.03%DEUTSCHE BOERSE AG 0.03%PACCAR INC 0.03%AMERICAN STATES WATER CO 0.02%JAZZTEL PLC 0.02%CIT GROUP INC 0.02%MDC HOLDINGS INC 0.02%TAUBMAN CENTERS INC 0.02%BANK OF CHINA LTD-H 0.02%FLOWERS FOODS INC 0.02%ROYAL CARIBBEAN CRUISES LTD 0.02%JIANGXI COPPER CO LTD-H 0.02%PTC INC 0.02%FOOT LOCKER INC 0.02%DENNY'S CORP 0.02%DCT INDUSTRIAL TRUST INC 0.02%INVESTORS REAL ESTATE TRUST 0.02%ENDO HEALTH SOLUTIONS INC 0.02%B/E AEROSPACE INC 0.02%RESMED INC 0.02%BINGGRAE CO LTD 0.02%APOLLO COMMERCIAL REAL ESTA 0.02%DISH NETWORK CORP-A 0.02%CONSTELLIUM NV- CLASS A 0.02%ARCELORMITTAL 0.02%HIGHWOODS PROPERTIES INC 0.02%LEVEL 3 COMMUNICATIONS INC 0.02%KAR AUCTION SERVICES INC 0.02%NISSAN CHEMICAL INDUSTRIES 0.02%LKQ CORP 0.02%INTEL CORP 0.02%BANGKOK BANK PUBLIC CO-NVDR 0.02%ROYAL GOLD INC 0.02%EXCEL TRUST INC 0.02%FISHER & PAYKEL HEALTHCARE 0.02%OSHKOSH CORP 0.02%CHARTER HALL RETAIL REIT 0.02%WEST PHARMACEUTICAL SERVICE 0.02%GUIDEWIRE SOFTWARE INC 0.02%CHICAGO BRIDGE & IRON CO NV 0.02%AST Portfolio Holdings574 of 635

AST T. Rowe Price Diversified Real Growth Portfolio (continued)Security% of PortfolioPSP SWISS PROPERTY AG-REG 0.02%VULCAN MATERIALS CO 0.02%GULFPORT ENERGY CORP 0.02%ZEBRA TECHNOLOGIES CORP-CL 0.02%AMERICAN CAPITAL MORTGAGE I 0.02%ZODIAC AEROSPACE 0.02%INGRAM MICRO INC-CL A 0.02%SKYLINE CORP 0.02%HENRY SCHEIN INC 0.02%UNITED STATES STEEL CORP 0.02%PANDORA MEDIA INC 0.02%YAMANA GOLD INC 0.02%JDS UNIPHASE CORP 0.02%KAKAKU.COM INC 0.02%EBAY INC 0.02%WATERSTONE FINANCIAL INC 0.02%US SILICA HOLDINGS INC 0.02%SIRONA DENTAL SYSTEMS INC 0.02%INTERTEK GROUP PLC 0.02%MALLINCKRODT PLC 0.02%TED BAKER PLC 0.02%CSG SYSTEMS INTL INC 0.02%COMCAST CORP-CLASS A 0.02%KEPCO PLANT SERVICE & ENGIN 0.02%INFORMATICA CORP 0.02%BANCA GENERALI SPA 0.02%ILUKA RESOURCES LTD 0.02%TOWERS WATSON & CO-CL A 0.02%BROCADE COMMUNICATIONS SYS 0.02%CHARLES RIVER LABORATORIES 0.02%LARSEN & TOUBRO-GDR REG S 0.02%VERISK ANALYTICS INC-CLASS 0.02%3I GROUP PLC 0.02%SANDSTORM GOLD LTD 0.02%PLATINUM GROUP METALS LTD 0.02%KOREA ZINC CO LTD 0.02%WIRECARD AG 0.02%GLOBE TELECOM INC 0.02%HARSCO CORP 0.02%MERSEN (EX CARBON LORRAINE) 0.02%DERWENT LONDON PLC 0.02%CAPITAMALL TRUST 0.02%IQE PLC 0.02%SENSATA TECHNOLOGIES HOLDIN 0.02%WORTHINGTON INDUSTRIES 0.02%AVANZA BANK HOLDING AB 0.02%EUROPEAN CURRENCY 0.02%AUTOZONE INC 0.02%ROHTO PHARMACEUTICAL CO LTD 0.02%EAGLE MATERIALS INC 0.02%TDC A/S 0.02%METTLER-TOLEDO INTERNATIONA 0.02%ADVANCED MICRO DEVICES 0.02%FEI COMPANY 0.02%Security% of PortfolioHYUNDAI GLOVIS CO LTD 0.02%OPHIR ENERGY PLC 0.02%YUM! BRANDS INC 0.02%CALGON CARBON CORP 0.02%SPROUTS FARMERS MARKET INC 0.02%STR HOLDINGS INC 0.02%WGL HOLDINGS INC 0.02%MAYORA INDAH PT 0.02%JACK HENRY & ASSOCIATES INC 0.02%AMBU A/S-B 0.02%VERISIGN INC 0.02%BURLINGTON STORES INC 0.02%PARTNERS GROUP HOLDING AG 0.02%TUMI HOLDINGS INC 0.02%IIDA GROUP HOLDINGS CO LTD 0.02%TAIWAN CEMENT 0.02%NCR CORPORATION 0.02%KOSMOS ENERGY LTD 0.02%AMERICAN CAPITAL AGENCY COR 0.02%AMERICAN CAMPUS COMMUNITIES 0.02%BANK OF THE RYUKYUS LTD 0.02%ABCAM PLC 0.02%CNA FINANCIAL CORP 0.02%HEALTHCARE REALTY TRUST INC 0.02%EXOVA GROUP PLC 0.02%PLUM CREEK TIMBER CO 0.02%DICK'S SPORTING GOODS INC 0.02%GT CAPITAL HOLDINGS INC 0.02%CCR SA 0.02%CONVENIENCE RETAIL ASIA LTD 0.02%ESPIRITO SANTO SAUDE SGPS S 0.02%ANSYS INC 0.02%PEBBLEBROOK HOTEL TRUST 0.02%RAIA DROGASIL SA 0.02%DCC PLC 0.02%CARLISLE COS INC 0.02%MOLINA HEALTHCARE INC 0.02%CAMERON INTERNATIONAL CORP 0.02%SIAM CEMENT PCL-NVDR 0.02%LENNAR CORP-A 0.02%HAMMERSON PLC 0.02%CONSTELLATION BRANDS INC-A 0.02%TIM PARTICIPACOES SA-ADR 0.02%CHINA VANKE -H- SHARES 0.02%GRUPO FIN SANTANDER-ADR B 0.02%HUANENG RENEWABLES CORP-H 0.02%DIAMONDBACK ENERGY INC 0.02%W&T OFFSHORE INC 0.02%QUANTA SERVICES INC 0.02%HAYS PLC 0.02%BABCOCK & WILCOX CO/THE 0.02%GARTNER INC 0.02%OMNIVISION TECHNOLOGIES INC 0.02%ACADIA REALTY TRUST 0.02%AST Portfolio Holdings575 of 635

AST T. Rowe Price Diversified Real Growth Portfolio (continued)Security% of PortfolioALNYLAM PHARMACEUTICALS INC 0.02%CJ CHEILJEDANG CORP 0.02%USINAS SIDERURGICAS DE MINA 0.02%OSISKO GOLD ROYALTIES LT 0.02%BM&FBOVESPA SA 0.02%QUNAR CAYMAN ISLANDS LTD-AD 0.02%VACON OYJ 0.02%CAN REAL ESTATE INVEST TRUS 0.02%AMADEUS IT HOLDING SA-A SHS 0.02%HONG KONG DOLLAR 0.02%OPERA SOFTWARE ASA 0.02%SYNOPSYS INC 0.02%AIR ARABIA PJSC 0.02%ACTUATE CORP 0.02%STOCKLAND 0.02%VTECH HOLDINGS LTD 0.02%NAGASE & CO LTD 0.02%BRF SA 0.02%OPEN TEXT CORP 0.02%AUTOHOME INC-ADR 0.02%LIBERTY MEDIA SHS SERIES C 0.02%FLYBE GROUP PLC 0.02%VIDRALA SA 0.02%STRATASYS LTD 0.02%DOMINO PRINTING SCIENCES PL 0.02%PLAYTECH PLC 0.02%WHOLE FOODS MARKET INC 0.02%D'IETEREN SA/NV 0.02%YOUGOV PLC 0.02%MAJOR CINEPLEX GROUP-FOREIG 0.02%CTS EVENTIM AG & CO KGAA 0.02%GIORDANO INTERNATIONAL LTD 0.02%FUFENG GROUP LTD 0.02%PS BUSINESS PARKS INC/CA 0.01%TAKKT AG 0.01%AXIA REAL ESTATE SOCIMI SA 0.01%SHIMAO PROPERTY HOLDINGS LT 0.01%SURYA CITRA MEDIA PT TBK 0.01%OW BUNKER A/S 0.01%LUMBER LIQUIDATORS HOLDINGS 0.01%UK POUND STERLING 0.01%TUNIU CORP-SPON ADR 0.01%S.A.C.I. FALABELLA 0.01%CANADIAN NATURAL RESOURCES 0.01%INFRAESTRUCTURA ENERGETICA 0.01%OXFORD INSTRUMENTS PLC 0.01%COCHLEAR LTD 0.01%ACADIA PHARMACEUTICALS INC 0.01%GLP J-REIT 0.01%FOREST CITY ENT 8/15/2018 0.01%HUFVUDSTADEN AB-A SHS 0.01%CLOUD PEAK ENERGY INC 0.01%KENDRION NV 0.01%PAPA JOHN'S INTL INC 0.01%Security% of PortfolioINTERMEDIATE CAPITAL GROUP 0.01%HUNT (JB) TRANSPRT SVCS INC 0.01%MAIL.RU GROUP-GDR REGS 0.01%CHINA SHANSHUI CEMENT GROUP 0.01%SARTORIUS AG-VORZUG 0.01%ELECTRONIC ARTS INC 0.01%XL AXIATA TBK PT 0.01%VT HOLDINGS CO LTD 0.01%SWATCH GROUP AG/THE-BR 0.01%ASM PACIFIC TECHNOLOGY 0.01%NATIONAL GRID PLC 0.01%WORLD DUTY FREE SPA 0.01%TALISMAN ENERGY INC 0.01%BANCO SANTANDER-CHILE-ADR 0.01%BURSA MALAYSIA BHD 0.01%ANTERO RESOURCES CORP 0.01%GS RETAIL CO LTD 0.01%BRADESPAR SA -PREF 0.01%LABORATORIOS FARMACEUTICOS 0.01%CHEETAH MOBILE INC - ADR 0.01%SHAWCOR LTD 0.01%AOL INC 0.01%LEONTEQ AG 0.01%ASPEN TECHNOLOGY INC 0.01%EASTGROUP PROPERTIES INC 0.01%SANITEC CORP 0.01%EXTERRAN HOLDINGS INC 0.01%ITE GROUP PLC 0.01%JACOBS ENGINEERING GROUP IN 0.01%TURKIYE HALK BANKASI 0.01%IMCD GROUP NV 0.01%CHINA LIFE INSURANCE CO LTD 0.01%XYLEM INC 0.01%SESA STERLITE LTD-ADR 0.01%HARVEY NORMAN HOLDINGS LTD 0.01%NATURA COSMETICOS SA 0.01%AFREECATV CO LTD 0.01%SALAMANDER ENERGY PLC 0.01%GREAT PORTLAND ESTATES PLC 0.01%VEDA GROUP LTD 0.01%CPN RETAIL GROWTH LEASEHOLD 0.01%PADDY POWER PLC 0.01%ARCELORMITTAL 0.01%HYDER CONSULTING PLC 0.01%AGNICO EAGLE MINES LTD 0.01%STABILUS SA 0.01%BERRY PLASTICS GROUP INC 0.01%LUKOIL OAO-SPON ADR 0.01%DOMINION DIAMOND CORP 0.01%AIXTRON SE 0.01%DKSH HOLDING LTD 0.01%CONCENTRADORA FIBRA DANHOS 0.01%CPMC HOLDINGS LTD 0.01%AIMIA INC 0.01%AST Portfolio Holdings576 of 635

AST T. Rowe Price Diversified Real Growth Portfolio (continued)Security% of PortfolioBALL CORP 0.01%NORWEGIAN CRUISE LINE HOLDI 0.01%DEUTSCHE EUROSHOP AG 0.01%ANADOLU EFES BIRACILIK VE 0.01%POLYPIPE GROUP PLC 0.01%PREMIER OIL PLC 0.01%COMPUTER MODELLING GROUP LT 0.01%ANALOG DEVICES INC 0.01%TOM TAILOR HOLDING AG 0.01%VOLUTION GROUP PLC 0.01%BANK MUSCAT SAOG-GDR REG S 0.01%ALIANSCE SHOPPING CENTERS S 0.01%AALBERTS INDUSTRIES NV 0.01%SFS GROUP AG 0.01%UNI-PRESIDENT CHINA HOLDING 0.01%SUMMARECON AGUNG TBK PT 0.01%NIBE INDUSTRIER AB-B SHS 0.01%AFRICAN RAINBOW MINERALS LT 0.01%TECAN GROUP AG-REG 0.01%AIR PRODUCTS & CHEMICALS IN 0.01%ELEKTA AB-B SHS 0.01%MYSALE GROUP PLC 0.01%TIFFANY & CO 0.01%GRUPO LALA SAB DE CV 0.01%EVERCORE PARTNERS INC-CL A 0.01%ATHENAHEALTH INC 0.01%CORPORATE EXECUTIVE BOARD C 0.01%PRICESMART INC 0.01%GENERAC HOLDINGS INC 0.01%CBL & ASSOCIATES PROPERTIES 0.01%GRUBHUB INC 0.01%BYGGMAX GROUP AB 0.01%KELLOGG CO 0.01%PROOFPOINT INC 0.01%BARON DE LEY 0.01%INTERCEPT PHARMACEUTICALS I 0.01%PFEIFFER VACUUM TECHNOLOGY 0.01%NOAH HOLDINGS LTD-SPON ADS 0.01%OROCOBRE LTD 0.01%SAI GLOBAL LTD 0.01%YOOX SPA 0.01%CREDITO REAL SAB DE CV 0.01%SINA CORP 0.01%ANGLO PACIFIC GROUP PLC 0.01%CHINA HUIYUAN JUICE GROUP 0.01%WORKDAY INC-CLASS A 0.01%INDUTRADE AB 0.01%ALCOA INC 0.01%MATADOR RESOURCES CO 0.01%NIELSEN HOLDINGS 0.01%MEGASTUDY CO LTD 0.01%EBIQUITY PLC 0.01%IP GROUP PLC 0.01%MONSTER BEVERAGE CORP 0.01%Security% of PortfolioLUXOFT HOLDING INC 0.01%TOTVS SA 0.01%GOODMAN GROUP 0.01%WANDISCO PLC 0.01%BIOMERIEUX 0.01%LS INDUSTRIAL SYSTEMS 0.01%LIBERTY MEDIA CORP - A 0.01%PDC ENERGY INC 0.01%KEURIG GREEN MOUNTAIN INC 0.01%CENTRAL PATTANA PUB CO-FORE 0.01%RAPALA VMC OYJ 0.01%LADBROKES PLC 0.01%PARSLEY ENERGY INC-CLASS A 0.01%MEADWESTVACO CORP 0.01%POST HOLDINGS INC 0.01%ROUND ONE CORP 0.01%EQUITY ONE INC 0.01%AZZ INC 0.01%MR PRICE GROUP LTD 0.01%HUNTSWORTH PLC 0.01%HILONG HOLDING LTD 0.01%HELIX ENERGY SOLUTIONS GROU 0.01%YOMA STRATEGIC HLDGS LTD 0.01%CARBURES EUROPE SA 0.01%IGUATEMI EMP DE SHOPPING 0.01%LINDAB INTERNATIONAL AB 0.01%ACCELERON PHARMA INC 0.01%ALBIOMA 0.01%GLOW ENERGY PCL - FOREIGN 0.01%SEEK LTD 0.01%SILVER WHEATON CORP 0.01%TERRENO REALTY CORP 0.01%TRINITY LTD 0.01%CF INDUSTRIES HOLDINGS INC 0.01%FOSSIL GROUP INC 0.01%GENEL ENERGY PLC 0.01%FIRST GULF BANK 0.01%MSA SAFETY INC 0.01%ENERGY XXI BERMUDA 0.01%NUVISTA ENERGY LTD 0.01%ISLAMIC ARAB INSURANCE COM 0.01%WEST FRASER TIMBER CO LTD 0.01%KAPSTONE PAPER AND PACKAGIN 0.01%RATHBONE BROTHERS PLC 0.01%PVH CORP 0.01%VALMONT INDUSTRIES 0.01%GAIL INDIA LTD-REG S GDR 0.01%VOSTOK NAFTA INVESTMENT-SDR 0.01%PNM RESOURCES INC 0.01%CANADIAN DOLLAR 0.01%CLEARWATER PAPER CORP 0.01%DESCARTES SYSTEMS GRP/THE 0.01%INTL FLAVORS & FRAGRANCES 0.01%WOOD GROUP (JOHN) PLC 0.01%AST Portfolio Holdings577 of 635

AST T. Rowe Price Diversified Real Growth Portfolio (continued)Security% of PortfolioJOHNSON MATTHEY PLC 0.01%CONSOL ENERGY INC 0.01%ALEXANDER & BALDWIN INC < 0.01%HERO SUPERMARKET TBK PT < 0.01%FLOTEK INDUSTRIES INC < 0.01%FNFV GROUP < 0.01%POST PROPERTIES INC < 0.01%RALPH LAUREN CORP < 0.01%WARTSILA OYJ ABP < 0.01%FIRSTRAND LTD < 0.01%PERRIGO CO PLC < 0.01%YOUKU TUDOU INC-ADR < 0.01%VEEVA SYSTEMS INC-CLASS A < 0.01%ARC RESOURCES LTD < 0.01%ANGIE'S LIST INC < 0.01%CARPENTER TECHNOLOGY < 0.01%INMOBILIARIA COLONIAL SA < 0.01%AUSTRALIAN DOLLAR < 0.01%PLATFORM SPECIALTY PRODUCTS < 0.01%SCHWEITZER-MAUDUIT INTL INC < 0.01%TESCO CORP < 0.01%VF CORP < 0.01%REGULUS THERAPEUTICS INC < 0.01%ECLIPSE RESOURCES CORP < 0.01%INTUIT INC < 0.01%ELECTROMAGNETIC GEOSERVICES < 0.01%S FRWD JPY 1 8/04/2014 < 0.01%LEONTEQ AG RTS, EXP < 0.01%VERITIV CORP < 0.01%SEVENTY SEVEN ENERGY INC < 0.01%SWISS FRANC < 0.01%MEXICAN PESO < 0.01%NEW ZEALAND DOLLA < 0.01%S FRWD JPY 1 8/04/2014 < 0.01%SWEDISH KRONA < 0.01%S SPOT GBP 8/04/2014 < 0.01%CHILEAN PESO < 0.01%S FRWD JPY 1 8/04/2014 < 0.01%NORWEGIAN KRONE < 0.01%S SPOT GBP 8/04/2014 < 0.01%SOUTH AFRICAN RAN < 0.01%S SPOT CHF 8/04/2014 < 0.01%S SPOT EUR 8/01/2014 < 0.01%S SPOT EUR 8/04/2014 < 0.01%DUFRY RTS < 0.01%L SPOT EUR 8/01/2014 < 0.01%L SPOT EUR 8/01/2014 < 0.01%L SPOT GBP 8/01/2014 < 0.01%L SPOT ZAR 8/06/2014 < 0.01%L SPOT GBP 8/04/2014 < 0.01%L SPOT ZAR 8/01/2014 < 0.01%L SPOT ZAR 8/05/2014 < 0.01%L SPOT EUR 8/01/2014 < 0.01%L SPOT GBP 8/01/2014 < 0.01%Security% of PortfolioL SPOT ZAR 8/04/2014 < 0.01%L SPOT GBP 8/01/2014 < 0.01%L SPOT EUR 8/01/2014 < 0.01%L SPOT ZAR 8/05/2014 < 0.01%L SPOT CHF 8/04/2014 < 0.01%L SPOT ZAR 8/01/2014 < 0.01%L SPOT AUD 8/05/2014 < 0.01%L SPOT AUD 8/05/2014 < 0.01%L SPOT EUR 8/01/2014 < 0.01%L SPOT GBP 8/01/2014 < 0.01%L SPOT ZAR 8/01/2014 < 0.01%L SPOT AUD 8/01/2014 < 0.01%L SPOT MXP 8/01/2014 < 0.01%L SPOT CHF 8/04/2014 < 0.01%L SPOT JPY 1 8/01/2014 < 0.01%S&P 500 INDEX 1955.0 8/16/2014 -0.03%AST Portfolio Holdings578 of 635

AST T. Rowe Price Equity Income PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 8.21%GENERAL ELECTRIC CO 2.67%JPMORGAN CHASE & CO 2.50%CHEVRON CORP 2.35%WELLS FARGO & CO 2.12%APACHE CORP 2.09%EXXON MOBIL CORP 1.87%US BANCORP 1.75%ROYAL DUTCH SHELL PLC-ADR 1.62%JOHNSON & JOHNSON 1.57%BANK OF AMERICA CORP 1.51%AT&T INC 1.48%PNC FINANCIAL SERVICES GROU 1.40%ILLINOIS TOOL WORKS 1.39%HESS CORP 1.34%MARSH & MCLENNAN COS 1.31%MERCK & CO. INC. 1.28%TIME WARNER INC 1.27%PFIZER INC 1.24%NISOURCE INC 1.22%INTERNATIONAL PAPER CO 1.19%ANADARKO PETROLEUM CORP 1.15%DUKE ENERGY CORP 1.15%EMERSON ELECTRIC CO 1.10%HONEYWELL INTERNATIONAL INC 1.09%BRISTOL-MYERS SQUIBB CO 1.07%ARCHER-DANIELS-MIDLAND CO 1.06%VERIZON COMMUNICATIONS INC 1.04%MATTEL INC 1.04%MURPHY OIL CORP 1.04%UNITED PARCEL SERVICE-CL B 1.03%NORTHERN TRUST CORP 1.02%MICROSOFT CORP 1.02%BOEING CO/THE 1.01%AMERICAN EXPRESS CO 1.01%SCHLUMBERGER LTD 1.00%KOHLS CORP 0.99%SUNTRUST BANKS INC 0.98%ENTERGY CORP 0.98%APPLE INC 0.97%HARRIS CORP 0.95%CISCO SYSTEMS INC 0.90%APPLIED MATERIALS INC 0.90%UNITED CONTINENTAL HOLDINGS 0.86%NUCOR CORP 0.85%CLOROX COMPANY 0.85%CORNING INC 0.83%STANLEY BLACK & DECKER INC 0.80%CARNIVAL CORP 0.80%WEYERHAEUSER CO 0.78%CAMPBELL SOUP CO 0.77%VULCAN MATERIALS CO 0.76%TEXAS INSTRUMENTS INC 0.75%QUALCOMM INC 0.75%Security% of PortfolioPEPSICO INC 0.74%EXELON CORP 0.74%CONSOL ENERGY INC 0.72%MACY'S INC 0.72%LEGG MASON INC 0.72%ANALOG DEVICES INC 0.70%JOY GLOBAL INC 0.65%JOHNSON CONTROLS INC 0.64%PETROLEO BRASILEIRO S.A.-AD 0.62%XYLEM INC 0.62%QUEST DIAGNOSTICS INC 0.62%XCEL ENERGY INC 0.61%DIAMOND OFFSHORE DRILLING 0.60%ALLSTATE CORP 0.59%WALT DISNEY CO/THE 0.58%DEERE & CO 0.58%FORD MOTOR CO 0.58%CENTURYLINK INC 0.58%DU PONT (E.I.) DE NEMOURS 0.57%MEADWESTVACO CORP 0.56%STAPLES INC 0.56%GENUINE PARTS CO 0.55%BP PLC-SPONS ADR 0.54%GENERAL MOTORS CO 0.53%MASCO CORP 0.51%EATON CORP PLC 0.51%COMCAST CORP-CLASS A 0.50%COMPUTER SCIENCES CORP 0.49%FIRSTENERGY CORP 0.49%DIGITAL REALTY TRUST INC 0.49%GLAXOSMITHKLINE PLC 0.49%CABLEVISION SYSTEMS-NY GRP- 0.48%AVON PRODUCTS INC 0.47%CONOCOPHILLIPS 0.46%POTASH CORP OF SASKATCHEWAN 0.45%NEWMONT MINING CORP 0.44%INTL BUSINESS MACHINES CORP 0.43%CHUBB CORP 0.43%SUN LIFE FINANCIAL INC 0.42%AES CORP 0.38%MADISON SQUARE GARDEN CO-A 0.38%REGIONS FINANCIAL CORP 0.37%MCCORMICK & CO-NON VTG SHRS 0.37%LOEWS CORP 0.36%WESTERN UNION CO 0.36%USG CORP 0.35%TELEFONICA SA 0.32%NEW YORK TIMES CO-A 0.29%PEARSON PLC 0.28%WILLIS GROUP HOLDINGS PLC 0.25%CA INC 0.24%COACH INC 0.21%VODAFONE GROUP PLC 0.20%TALISMAN ENERGY INC 0.20%AST Portfolio Holdings579 of 635

AST T. Rowe Price Equity Income Portfolio (continued)Security% of PortfolioENI SPA 0.15%OCH-ZIFF CAPITAL MANAGEMEN- 0.13%BUNGE LTD 0.12%WHIRLPOOL CORP 0.10%CONAGRA FOODS INC 0.08%PROCTER & GAMBLE CO/THE 0.07%TIFFANY & CO 0.06%BANK OF NEW YORK MELLON COR 0.03%EUROPEAN CURRENCY 0.01%UK POUND STERLING 0.01%S SPOT EUR 8/04/2014 < 0.01%580 of 635AST Portfolio Holdings

AST T. Rowe Price Equity Income PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 8.21%GENERAL ELECTRIC CO 2.67%JPMORGAN CHASE & CO 2.50%CHEVRON CORP 2.35%WELLS FARGO & CO 2.12%APACHE CORP 2.09%EXXON MOBIL CORP 1.87%US BANCORP 1.75%ROYAL DUTCH SHELL PLC-ADR 1.62%JOHNSON & JOHNSON 1.57%BANK OF AMERICA CORP 1.51%AT&T INC 1.48%PNC FINANCIAL SERVICES GROU 1.40%ILLINOIS TOOL WORKS 1.39%HESS CORP 1.34%MARSH & MCLENNAN COS 1.31%MERCK & CO. INC. 1.28%TIME WARNER INC 1.27%PFIZER INC 1.24%NISOURCE INC 1.22%INTERNATIONAL PAPER CO 1.19%ANADARKO PETROLEUM CORP 1.15%DUKE ENERGY CORP 1.15%EMERSON ELECTRIC CO 1.10%HONEYWELL INTERNATIONAL INC 1.09%BRISTOL-MYERS SQUIBB CO 1.07%ARCHER-DANIELS-MIDLAND CO 1.06%VERIZON COMMUNICATIONS INC 1.04%MATTEL INC 1.04%MURPHY OIL CORP 1.04%UNITED PARCEL SERVICE-CL B 1.03%NORTHERN TRUST CORP 1.02%MICROSOFT CORP 1.02%BOEING CO/THE 1.01%AMERICAN EXPRESS CO 1.01%SCHLUMBERGER LTD 1.00%KOHLS CORP 0.99%SUNTRUST BANKS INC 0.98%ENTERGY CORP 0.98%APPLE INC 0.97%HARRIS CORP 0.95%CISCO SYSTEMS INC 0.90%APPLIED MATERIALS INC 0.90%UNITED CONTINENTAL HOLDINGS 0.86%NUCOR CORP 0.85%CLOROX COMPANY 0.85%CORNING INC 0.83%STANLEY BLACK & DECKER INC 0.80%CARNIVAL CORP 0.80%WEYERHAEUSER CO 0.78%CAMPBELL SOUP CO 0.77%VULCAN MATERIALS CO 0.76%TEXAS INSTRUMENTS INC 0.75%QUALCOMM INC 0.75%Security% of PortfolioPEPSICO INC 0.74%EXELON CORP 0.74%CONSOL ENERGY INC 0.72%MACY'S INC 0.72%LEGG MASON INC 0.72%ANALOG DEVICES INC 0.70%JOY GLOBAL INC 0.65%JOHNSON CONTROLS INC 0.64%PETROLEO BRASILEIRO S.A.-AD 0.62%XYLEM INC 0.62%QUEST DIAGNOSTICS INC 0.62%XCEL ENERGY INC 0.61%DIAMOND OFFSHORE DRILLING 0.60%ALLSTATE CORP 0.59%WALT DISNEY CO/THE 0.58%DEERE & CO 0.58%FORD MOTOR CO 0.58%CENTURYLINK INC 0.58%DU PONT (E.I.) DE NEMOURS 0.57%MEADWESTVACO CORP 0.56%STAPLES INC 0.56%GENUINE PARTS CO 0.55%BP PLC-SPONS ADR 0.54%GENERAL MOTORS CO 0.53%MASCO CORP 0.51%EATON CORP PLC 0.51%COMCAST CORP-CLASS A 0.50%COMPUTER SCIENCES CORP 0.49%FIRSTENERGY CORP 0.49%DIGITAL REALTY TRUST INC 0.49%GLAXOSMITHKLINE PLC 0.49%CABLEVISION SYSTEMS-NY GRP- 0.48%AVON PRODUCTS INC 0.47%CONOCOPHILLIPS 0.46%POTASH CORP OF SASKATCHEWAN 0.45%NEWMONT MINING CORP 0.44%INTL BUSINESS MACHINES CORP 0.43%CHUBB CORP 0.43%SUN LIFE FINANCIAL INC 0.42%AES CORP 0.38%MADISON SQUARE GARDEN CO-A 0.38%REGIONS FINANCIAL CORP 0.37%MCCORMICK & CO-NON VTG SHRS 0.37%LOEWS CORP 0.36%WESTERN UNION CO 0.36%USG CORP 0.35%TELEFONICA SA 0.32%NEW YORK TIMES CO-A 0.29%PEARSON PLC 0.28%WILLIS GROUP HOLDINGS PLC 0.25%CA INC 0.24%COACH INC 0.21%VODAFONE GROUP PLC 0.20%TALISMAN ENERGY INC 0.20%AST Portfolio Holdings581 of 635

AST T. Rowe Price Equity Income Portfolio (continued)Security% of PortfolioENI SPA 0.15%OCH-ZIFF CAPITAL MANAGEMEN- 0.13%BUNGE LTD 0.12%WHIRLPOOL CORP 0.10%CONAGRA FOODS INC 0.08%PROCTER & GAMBLE CO/THE 0.07%TIFFANY & CO 0.06%BANK OF NEW YORK MELLON COR 0.03%EUROPEAN CURRENCY 0.01%UK POUND STERLING 0.01%S SPOT EUR 8/04/2014 < 0.01%582 of 635AST Portfolio Holdings

AST T. Rowe Price Growth Opportunities PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 5.82%THERMO FISHER SCIENTIFIC IN 0.84%AMAZON.COM INC 0.77%US TREASURY N/B 8/15/2020 0.77%US TREASURY N/B 8/31/2015 0.76%VISA INC-CLASS A SHARES 0.73%JPMORGAN CHASE & CO 0.71%PRICELINE GROUP INC/THE 0.70%GENERAL ELECTRIC CO 0.69%AMERICAN AIRLINES GROUP INC 0.69%MCKESSON CORP 0.69%PFIZER INC 0.68%MERCK & CO. INC. 0.68%US TREASURY N/B 2/29/2016 0.68%BOEING CO/THE 0.66%UNITED TECHNOLOGIES CORP 0.65%DANAHER CORP 0.59%US TREASURY N/B 9/30/2016 0.55%GILEAD SCIENCES INC 0.55%STATE STREET CORP 0.55%BAIDU INC - SPON ADR 0.55%GOOGLE INC-CL C 0.55%PIONEER NATURAL RESOURCES C 0.54%UNITEDHEALTH GROUP INC 0.54%PHILLIPS 66 0.52%WELLS FARGO & CO 0.51%JOHNSON & JOHNSON 0.51%APPLE INC 0.49%GOOGLE INC-CL A 0.49%PEPSICO INC 0.47%MORGAN STANLEY 0.46%NOVARTIS AG-REG 0.45%AGILENT TECHNOLOGIES INC 0.43%BIOGEN IDEC INC 0.41%CITIGROUP INC 0.41%WEYERHAEUSER CO 0.39%TEXAS INSTRUMENTS INC 0.39%SHERWIN-WILLIAMS CO/THE 0.38%FACEBOOK INC-A 0.38%US TREASURY N/B 2/15/2036 0.38%ECOLAB INC 0.38%APACHE CORP 0.37%US TREASURY N/B 5/15/2019 0.37%NESTLE SA-REG 0.36%TD AMERITRADE HOLDING CORP 0.36%US TREASURY N/B 7/31/2017 0.36%LOWE'S COS INC 0.36%CARNIVAL CORP 0.34%ROPER INDUSTRIES INC 0.34%METLIFE INC 0.34%BANK OF AMERICA CORP 0.33%WYNN RESORTS LTD 0.33%SIMON PROPERTY GROUP INC 0.33%PHILIP MORRIS INTERNATIONAL 0.33%Security% of PortfolioNIPPON TELEGRAPH & TELEPHON 0.32%AMERICAN TOWER CORP 0.32%LAS VEGAS SANDS CORP 0.31%HONEYWELL INTERNATIONAL INC 0.31%PNC FINANCIAL SERVICES GROU 0.31%COVIDIEN PLC 0.31%US BANCORP 0.31%AIA GROUP LTD 0.31%ROYAL DUTCH SHELL PLC-ADR 0.31%CROWN CASTLE INT 0.30%MASTERCARD INC-CLASS A 0.30%STARBUCKS CORP 0.30%WALT DISNEY CO/THE 0.30%HOLCIM LTD-REG 0.30%AMERICAN EXPRESS CO 0.29%CREDIT SUISSE GROUP AG-REG 0.29%US TREASURY N/B 8/15/2043 0.28%JAPAN TOBACCO INC 0.28%INTERNATIONAL PAPER CO 0.27%NRG ENERGY INC 0.27%CONCHO RESOURCES INC 0.26%MICROSOFT CORP 0.26%ENI SPA 0.26%PRAXAIR INC 0.26%XEROX CORP 0.25%HOME DEPOT INC 0.25%SUMITOMO CORP 0.25%EQT CORP 0.25%CHIPOTLE MEXICAN GRILL INC 0.25%AMERIPRISE FINANCIAL INC 0.25%CELANESE CORP-SERIES A 0.24%CIGNA CORP 0.24%ALEXION PHARMACEUTICALS INC 0.24%GENERAL GROWTH PROPERTIES 0.24%PRECISION CASTPARTS CORP 0.24%NXP SEMICONDUCTORS NV 0.24%SCHLUMBERGER LTD 0.23%TENCENT HOLDINGS LTD 0.23%US TREASURY N/B 1/31/2017 0.23%TYCO INTERNATIONAL LTD 0.23%SPECTRA ENERGY CORP 0.23%HOSPIRA INC 0.23%AIRBUS GROUP NV 0.22%WPP PLC 0.22%AES CORP 0.22%TIME WARNER INC 0.22%TRW AUTOMOTIVE HOLDINGS COR 0.22%RIO TINTO PLC 0.22%ALLERGAN INC 0.21%STANDARD CHARTERED PLC 0.21%TOKIO MARINE HOLDINGS INC 0.21%ROSS STORES INC 0.21%CELGENE CORP 0.21%BARCLAYS PLC 0.20%AST Portfolio Holdings583 of 635

AST T. Rowe Price Growth Opportunities Portfolio (continued)Security% of PortfolioENTERGY CORP 0.20%TIME WARNER CABLE 0.20%SVENSKA HANDELSBANKEN-A SHS 0.20%INPEX CORP 0.19%DISCOVER FINANCIAL SERVICES 0.19%CVS CAREMARK CORP 0.19%US TREASURY N/B 10/31/2018 0.19%AUTOMATIC DATA PROCESSING 0.19%NETFLIX INC 0.19%HONDA MOTOR CO LTD 0.19%3M CO 0.19%BANCO BILBAO VIZCAYA ARGENT 0.19%ALLSTATE CORP 0.18%LYONDELLBASELL INDU-CL A 0.18%AVALONBAY COMMUNITIES INC 0.18%MICRON TECHNOLOGY INC 0.18%INVESCO LTD 0.18%MARSH & MCLENNAN COS 0.18%BUNGE LTD 0.18%ZURICH INSURANCE GROUP AG 0.18%KOHLS CORP 0.18%KOITO MANUFACTURING CO LTD 0.18%BECTON DICKINSON AND CO 0.17%UNICREDIT SPA 0.17%HCA HOLDINGS INC 0.17%KERING 0.17%CIE FINANCIERE RICHEMON-REG 0.17%EXXON MOBIL CORP 0.17%FIRSTENERGY CORP 0.17%MDU RESOURCES GROUP INC 0.17%JOHNSON CONTROLS INC 0.17%CAPITA PLC 0.17%CHESAPEAKE ENERGY CORP 0.17%LINKEDIN CORP - A 0.17%BARCLAYS PLC-SPONS ADR 0.16%EXELON CORP 0.16%ACCENTURE PLC-CL A 0.16%L BRANDS INC 0.16%P G & E CORP 0.16%WYNN MACAU LTD 0.16%AON PLC 0.16%GLAXOSMITHKLINE PLC-SPON AD 0.16%ESSEX PROPERTY TRUST INC 0.16%LLOYDS BANKING GROUP PLC 0.16%CALPINE CORP 0.16%FANNIE MAE 10/26/2017 0.16%CHEVRON CORP 0.16%FANNIE MAE 8/01/2040 0.16%WELLPOINT INC 0.16%PROLOGIS INC 0.16%SALESFORCE.COM INC 0.15%PUBLIC STORAGE 0.15%KT&G CORP 0.15%DENTSPLY INTERNATIONAL INC 0.15%Security% of PortfolioINVESTEC PLC 0.15%DIRECT LINE INSURANCE GROUP 0.15%FREDDIE MAC 12/01/2042 0.15%EQUITY RESIDENTIAL 0.15%FEDERAL REALTY INVS TRUST 0.14%O'REILLY AUTOMOTIVE INC 0.14%FAMILYMART CO LTD 0.14%NIKE INC -CL B 0.14%ROLLS-ROYCE HOLDINGS PLC 0.14%ASML HOLDING NV 0.14%ROYAL BANK OF SCOTLAND GROU 0.14%ROYAL DUTCH SHELL PLC-ADR 0.14%LIBERTY GLOBAL-A 0.14%PROGRESSIVE CORP 0.14%ABBVIE INC 0.14%INTERCONTINENTAL EXCHANGE I 0.14%SSE PLC 0.14%OCCIDENTAL PETROLEUM CORP 0.14%STRYKER CORP 0.14%CHUBB CORP 0.14%AVIVA PLC 0.13%INGREDION INC 0.13%VOLKSWAGEN AG-PREF 0.13%EQUIFAX INC 0.13%US TREASURY N/B 8/15/2015 0.13%ROYAL DUTCH SHELL PLC-B SHS 0.13%GKN PLC 0.13%ARM HOLDINGS PLC 0.13%GENERAL MILLS INC 0.13%PERNOD RICARD SA 0.13%PALL CORP 0.13%FREDDIE MAC 1/01/2041 0.13%SL GREEN REALTY CORP 0.13%BAYER AG-REG 0.13%AMERICAN ELECTRIC POWER 0.13%VORNADO REALTY TRUST 0.13%FREDDIE MAC 1/01/2035 0.13%QUALCOMM INC 0.13%OMNICOM GROUP 0.13%UNITED PARCEL SERVICE-CL B 0.13%MITSUI & CO LTD 0.13%HDFC BANK LTD-ADR 0.13%WALGREEN CO 0.12%TAIWAN SEMICONDUCTOR MANUFA 0.12%TELEFONICA SA 0.12%US TREASURY N/B 2/15/2024 0.12%MGM RESORTS INTERNATIONAL 0.12%STARWOOD HOTELS & RESORTS 0.12%FORD MOTOR CRED 5/09/2016 0.12%FREDDIE MAC 1/01/2043 0.12%MACERICH CO/THE 0.12%ANHEUSER-BUSCH INBEV NV 0.12%COSTCO WHOLESALE CORP 0.12%SUN HUNG KAI PROPERTIES 0.12%AST Portfolio Holdings584 of 635

AST T. Rowe Price Growth Opportunities Portfolio (continued)Security% of PortfolioVALERO ENERGY CORP 0.12%DUFRY AG-REG 0.12%EXPERIAN PLC 0.12%NISSAN MOTOR CO LTD 0.12%ITOCHU CORP 0.12%AMERISOURCEBERGEN CORP 0.12%BOSTON PROPERTIES INC 0.12%WESTERN DIGITAL CORP 0.12%US TREASURY N/B 5/31/2019 0.12%HYUNDAI MOBIS CO LTD 0.12%GAS NATURAL SDG SA 0.12%BR MALLS PARTICIPACOES SA 0.11%VODAFONE GROUP PLC-SP ADR 0.11%KANSAS CITY SOUTHERN 0.11%TEVA PHARMACEUTICAL-SP ADR 0.11%FEDEX CORP 0.11%DELTA AIR LINES INC 0.11%CHINA OVERSEAS LAND & INVES 0.11%TELECOM ITALIA-RSP 0.11%CAPITAL ONE FINANCIAL CORP 0.11%ILLINOIS TOOL WORKS 0.11%VIACOM INC-CLASS B 0.11%EDENRED 0.11%DELHAIZE GROUP 0.11%AXA SA 0.11%DNB ASA 0.11%HUTCHISON WHAMPOA LTD 0.11%SIGMA-ALDRICH 0.11%MMC NORILSK NICKEL JSC-ADR 0.11%ATOS 0.11%GOVERNMENT NATIONAL MORTGAG 10/20/2041 0.11%PROCTER & GAMBLE CO/THE 0.11%NORTHERN TRUST CORP 0.10%SKY DEUTSCHLAND AG 0.10%WILLIAM HILL PLC 0.10%HEXAGON AB-B SHS 0.10%COMCAST CORP-SPECIAL CL A 0.10%DR PEPPER SNAPPLE GROUP INC 0.10%TAKEDA PHARMACEUTICAL CO LT 0.10%SVENSKA CELLULOSA AB SCA-B 0.10%DANSKE BANK A/S 0.10%JARDINE MATHESON HLDGS LTD 0.10%FANNIE MAE 2/01/2041 0.10%SYSCO CORP 0.10%CREDIT SAISON CO LTD 0.10%WW GRAINGER INC 0.10%POTASH CORP OF SASKATCHEWAN 0.10%MUENCHENER RUECKVER AG-REG 0.10%MARATHON OIL CORP 0.10%INTUITIVE SURGICAL INC 0.10%SANTOS LTD 0.10%MARRIOTT INTERNATIONAL -CL 0.10%AT&T INC 0.10%SONOVA HOLDING AG-REG 0.10%Security% of PortfolioSCHNEIDER ELECTRIC SE 0.10%OLYMPUS CORP 0.10%HILTON WORLDWIDE HOLDINGS I 0.10%FISERV INC 0.10%FANNIE MAE 1/01/2027 0.10%AMCOR LIMITED 0.10%COMPASS GROUP 0.10%LAND SECURITIES GROUP PLC 0.10%CAMDEN PROPERTY TRUST 0.10%UNION PACIFIC CORP 0.10%WESTERN UNION CO 0.09%FLOWSERVE CORP 0.09%REGENCY CENTERS CORP 0.09%APPLIED MATERIALS INC 0.09%AMGEN INC 0.09%BANK OF NEW YORK MELLON COR 0.09%SHINHAN FINANCIAL GROUP LTD 0.09%ACERINOX SA 0.09%ANADARKO PETROLEUM CORP 0.09%TRACTOR SUPPLY COMPANY 0.09%SIMS METAL MANAGEMENT LTD 0.09%BURBERRY GROUP PLC 0.09%EDP - ENERGIAS DO BRASIL SA 0.09%UNITED CONTINENTAL HOLDINGS 0.09%LIBERTY GLOBAL-C 0.09%GN STORE NORD A/S 0.09%KERRY PROPERTIES LTD 0.09%DOUGLAS EMMETT INC 0.09%FIDELITY NATIONAL INFORMATI 0.09%VIPSHOP HOLDINGS LTD - ADS 0.09%TEXTRON INC 0.09%WADDELL & REED FINANCIAL-A 0.09%BHP BILLITON LTD 0.09%DOWNER EDI LTD 0.09%FREDDIE MAC 6/01/2036 0.09%IHS INC-CLASS A 0.09%COGNIZANT TECH SOLUTIONS-A 0.09%BRAMBLES LTD 0.09%AIR WATER INC 0.09%RYANAIR HOLDINGS PLC-SP ADR 0.09%NORFOLK SOUTHERN CORP 0.09%INFOSYS LTD-SP ADR 0.09%FANNIE MAE 1/01/2042 0.09%FANNIE MAE 5/01/2043 0.09%ASSA ABLOY AB-B 0.09%VALEANT PHARMACEUTICALS INT 0.09%BRITISH SKY BROADCASTING GR 0.09%KILROY REALTY CORP 0.09%TOLL HOLDINGS LTD 0.09%ZOETIS INC 0.09%KIMCO REALTY CORP 0.09%HANA FINANCIAL GROUP 0.09%AMEC PLC 0.08%MITSUBISHI MOTORS CORP 0.08%AST Portfolio Holdings585 of 635

AST T. Rowe Price Growth Opportunities Portfolio (continued)Security% of PortfolioSYNGENTA AG-REG 0.08%OTSUKA HOLDINGS CO LTD 0.08%YAHOO JAPAN CORP 0.08%SEAGATE TECHNOLOGY 0.08%UNITED OVERSEAS BANK LTD 0.08%MONDELEZ INTERNATIONAL INC- 0.08%EATON CORP PLC 0.08%J.C. PENNEY CO INC 0.08%GRUPO FINANCIERO BANORTE-O 0.08%AKAMAI TECHNOLOGIES INC 0.08%CISCO SYSTEMS INC 0.08%QBE INSURANCE GROUP LTD 0.08%WAL-MART STORES INC 0.08%SONY CORP 0.08%FLETCHER BUILDING LTD 0.08%HANG LUNG PROPERTIES LTD 0.08%AXIS BANK LTD- GDR REG S 0.08%SONY FINANCIAL HOLDINGS INC 0.08%DP WORLD LTD 0.08%HOST HOTELS & RESORTS INC 0.08%MARKS & SPENCER GROUP PLC 0.08%SEMPRA ENERGY 0.08%ITAU UNIBANCO HOLDING S-PRE 0.08%SOFTBANK CORP 0.08%ILIAD SA 0.08%REXEL SA 0.08%GOVERNMENT NATIONAL MORTGAG 1/20/2041 0.08%KONINKLIJKE AHOLD NV 0.08%WINDSTREAM HOLDINGS INC 0.08%FANNIE MAE 1/01/2026 0.08%KONINKLIJKE PHILIPS NV 0.08%FANNIE MAE 1/01/2040 0.08%WABTEC CORP 0.08%FANNIE MAE 2/01/2042 0.08%VALEANT PHARMACEUTICALS 0.08%GLAXOSMITHKLINE PLC 0.08%ALTICE SA 0.08%AISIN SEIKI CO LTD 0.08%CIMAREX ENERGY CO 0.08%WEINGARTEN REALTY INVESTORS 0.08%HSBC HLDGS PLC 5/02/2036 0.07%JAMES HARDIE INDUSTRIES-CDI 0.07%ASTRO MALAYSIA HOLDINGS BHD 0.07%VERTEX PHARMACEUTICALS INC 0.07%JULIUS BAER GROUP LTD 0.07%ERSTE GROUP BANK AG 0.07%CONCUR TECHNOLOGIES INC 0.07%SERVICENOW INC 0.07%ASPEN PHARMACARE HOLDINGS L 0.07%RANGE RESOURCES CORP 0.07%VOLVO AB-B SHS 0.07%PRYSMIAN SPA 0.07%SERCO GROUP PLC 0.07%SARANA MENARA NUSANTARA PT 0.07%Security% of PortfolioGECINA SA 0.07%NAVER CORP 0.07%LG HOUSEHOLD & HEALTH CARE 0.07%TURKIYE GARANTI BANKASI 0.07%TURKEY REP OF 6/05/2020 0.07%PHARMACYCLICS INC 0.07%ARCHER-DANIELS-MIDLAND CO 0.07%EMAAR PROPERTIES PJSC 0.07%NABTESCO CORP 0.07%FRESENIUS SE & CO KGAA 0.07%MULTIPLUS SA 0.07%DISCOVERY COMMUNICATIONS-C 0.07%HIGHWOODS PROPERTIES INC 0.07%INCITEC PIVOT LTD 0.07%DCT INDUSTRIAL TRUST INC 0.07%CARMAX INC 0.07%MATTEL INC 0.07%PERSIMMON PLC 0.07%BERMUDA-GOVT OF 7/20/2020 0.07%GOVERNMENT NATIONAL MORTGAG 1/01/2042 0.07%FANNIE MAE 11/01/2040 0.07%FREDDIE MAC 7/01/2035 0.07%AVAGO TECHNOLOGIES LTD 0.07%FANNIE MAE 3/01/2037 0.07%BRENNTAG AG 0.07%SOUTH AFRICA 3/09/2020 0.07%GAM HOLDING AG 0.07%XILINX INC 0.07%EUTELSAT COMMUNICATIONS 0.07%GOVERNMENT NATIONAL MORTGAG 1/01/2042 0.07%LEIGHTON HOLDINGS LTD 0.07%KILROY REALTY LP 8/15/2029 0.07%DOLLAR TREE INC 0.06%PETROBRAS INTL 1/20/2020 0.06%GEA GROUP AG 0.06%LEONI AG 0.06%AIRGAS INC 0.06%ICELAND (REP OF) 6/16/2016 0.06%BLACKROCK INC 0.06%GOVERNMENT NATIONAL MORTGAG 5/20/2040 0.06%DIGITAL REALTY TRUST INC 0.06%CTRIP.COM INTERNATIONAL-ADR 0.06%TELEFONICA DEUTSCHLAND HOLD 0.06%ERICSSON LM-B SHS 0.06%US TREASURY N/B 8/15/2040 0.06%QUEBEC PROVINCE 8/25/2021 0.06%LPL FINANCIAL HOLDINGS INC 0.06%BANK NOVA SCOTIA 7/21/2017 0.06%SIERRA RECEIVABLES FUNDING 6/20/2031 0.06%RITE AID CORP 0.06%MATSUMOTOKIYOSHI HOLDINGS C 0.06%MCGRAW HILL FINANCIAL INC 0.06%START TODAY CO LTD 0.06%MITSUBISHI ESTATE CO LTD 0.06%AST Portfolio Holdings586 of 635

AST T. Rowe Price Growth Opportunities Portfolio (continued)Security% of PortfolioTWENTY-FIRST CENTURY FOX-A 0.06%RPM INTERNATIONAL INC 0.06%KDDI CORP 0.06%SABMILLER PLC 0.06%BANK CENTRAL ASIA TBK PT 0.06%ILLUMINA INC 0.06%FANNIE MAE 5/01/2042 0.06%FANNIE MAE 1/01/2027 0.06%NORMA GROUP SE 0.06%AVON PRODUCTS INC 0.06%FANNIE MAE 10/01/2043 0.06%SNAM SPA 0.06%AIR LIQUIDE SA 0.06%HANESBRANDS INC 0.06%TEREX CORP 0.06%GOVERNMENT NATIONAL MORTGAG 5/20/2044 0.06%PACIFIC TEXTILES HOLDINGS 0.06%GENERAL MOTORS CO 0.06%RED HAT INC 0.06%HARMAN INTERNATIONAL 0.06%SAP SE 0.05%HEALTHCARE REALTY TRUST INC 0.05%PIRAEUS BANK S.A 0.05%TESLA MOTORS INC 0.05%SANKYO CO LTD 0.05%SAMSONITE INTERNATIONAL SA 0.05%CARDINAL HEALTH INC 0.05%BG GROUP PLC 0.05%MONCLER SPA 0.05%COLGATE-PALMOLIVE CO 0.05%CHINA MENGNIU DAIRY CO 0.05%C.H. ROBINSON WORLDWIDE INC 0.05%GOVERNMENT NATIONAL MORTGAG 3/20/2042 0.05%BNP PARIBAS 0.05%TRANSOCEAN INC 12/15/2021 0.05%FREDDIE MAC 1/01/2028 0.05%MAGNIT OJSC-SPON GDR REGS 0.05%NEXANS SA 0.05%WALMART DE MEXICO-SER V 0.05%ACADIA REALTY TRUST 0.05%FANNIE MAE 6/01/2042 0.05%MCDONALD'S CORP 0.05%GEN ELEC CAP CRP 4/02/2018 0.05%58.COM INC-ADR 0.05%FASTENAL CO 0.05%ROHM CO LTD 0.05%LOJAS RENNER S.A. 0.05%YAHOO! INC 0.05%ENTERPRISE PRODU 3/15/2023 0.05%PEBBLEBROOK HOTEL TRUST 0.05%DIAGEO PLC 0.05%VERIZON COMM INC 9/15/2023 0.05%STANLEY BLACK & DECKER INC 0.05%FANNIE MAE 1/01/2043 0.05%Security% of PortfolioALIGN TECHNOLOGY INC 0.05%NETSUITE INC 0.05%MICROCHIP TECHNOLOGY INC 0.05%FANNIE MAE 1/01/2043 0.05%CSL LTD 0.05%MACQUARIE GROUP LTD 0.05%ESTEE LAUDER COMPANIES-CL A 0.05%MONSANTO CO 0.05%MARTIN MARIETTA MATERIALS 0.05%FREDDIE MAC 1/01/2027 0.05%GOVERNMENT NATIONAL MORTGAG 4/20/2043 0.05%SGS SA-REG 0.05%BEIJING ENTERPRISES HLDGS 0.05%TESCO PLC 0.05%FAURECIA 0.05%GOLDMAN SACHS GP 7/19/2018 0.05%CARPHONE WAREHOUSE GROUP PL 0.05%ANNALY CAPITAL MANAGEMENT I 0.05%MCCORMICK & CO-NON VTG SHRS 0.05%REGENERON PHARMACEUTICALS 0.05%MORGAN STANLEY 4/25/2018 0.05%TAUBMAN CENTERS INC 0.05%ORACLE CORP 10/08/2019 0.05%SOHO CHINA LTD 0.05%JPMORGAN CHASE 5/15/2018 0.05%MEDTRONIC INC 0.04%PS BUSINESS PARKS INC/CA 0.04%GEORGE WASHINGTO 9/15/2044 0.04%PANAMA 1/26/2036 0.04%CANADIAN PACIFIC RAILWAY LT 0.04%TYSON FOODS INC 6/15/2022 0.04%FNF GROUP 0.04%GOVERNMENT NATIONAL MORTGAG 8/20/2039 0.04%MICHAEL KORS HOLDINGS LTD 0.04%JPMORGAN CHASE 5/01/2023 0.04%CONAGRA FOODS INC 0.04%EASYJET PLC 0.04%WELLS FARGO CO 3/08/2022 0.04%PANDORA MEDIA INC 0.04%ROCKWELL COLLINS INC 0.04%RLJ LODGING TRUST 0.04%FANNIE MAE 1/01/2041 0.04%KATE SPADE & CO 0.04%SBERBANK-SPONSORED ADR 0.04%FHLMC STRUCTURED PASS THROU 4/25/2022 0.04%SOFTBANK CORP-UNSPON ADR 0.04%FANNIE MAE 6/01/2043 0.04%ALEXANDRIA REAL ESTATE EQUI 0.04%ZOOMLION HEAVY INDUSTRY - H 0.04%TULLOW OIL PLC 0.04%ENERGIZER HOLDINGS INC 0.04%FANNIE MAE 3/01/2043 0.04%ISS A/S 0.04%JERONIMO MARTINS 0.04%AST Portfolio Holdings587 of 635

AST T. Rowe Price Growth Opportunities Portfolio (continued)Security% of PortfolioIRON MOUNTAIN INC 0.04%EUROFINS SCIENTIFIC 0.04%TWITTER INC 0.04%AUTODESK INC 0.04%POLA ORBIS HOLDINGS INC 0.04%FANNIE MAE 10/01/2035 0.04%EASTGROUP PROPERTIES INC 0.04%SOUTHWEST AIR 12/15/2016 0.04%PLUM CREEK TIMBER CO 0.04%VESUVIUS PLC 0.04%PACCAR INC 0.04%TIM HORTONS INC 0.04%ENAGAS SA 0.04%COCA-COLA CO/THE 0.04%PAYPOINT PLC 0.04%DEUTSCHE BOERSE AG 0.04%MORGAN STANLEY BAML TRUST 8/15/2047 0.04%TRIPADVISOR INC 0.04%AVEVA GROUP PLC 0.04%WANT WANT CHINA HOLDINGS LT 0.04%GOVERNMENT NATIONAL MORTGAG 5/20/2043 0.04%WF-RBS COMMERCIAL MORTGAGE 3/15/2047 0.04%FANNIE MAE 2/01/2035 0.04%TEMP HOLDINGS CO LTD 0.04%EBAY INC 0.04%NUCOR CORP 0.04%DELPHI AUTOMOTIVE PLC 0.04%COMCAST CORP-CLASS A 0.04%JUPITER FUND MANAGEMENT 0.04%INTERTEK GROUP PLC 0.04%FLUOR CORP 0.04%FANNIE MAE 12/01/2042 0.04%OASIS PETROLEUM INC 0.03%REPUBLIC SERVICES INC 0.03%HENRY SCHEIN INC 0.03%XCHANGING PLC 0.03%TECO FINANCE 3/15/2020 0.03%VERISIGN INC 0.03%CENTERPOINT ENERGY INC 0.03%FUJITSU GENERAL LTD 0.03%BT INVESTMENT MANAGEMENT LT 0.03%ARSEUS NV 0.03%PORT AUTH OF NEW YORK & NEW 8/01/2046 0.03%FANNIE MAE 12/01/2027 0.03%CITIGROUP INC 3/01/2023 0.03%EQT MIDSTREAM PT 8/01/2024 0.03%TDC A/S 0.03%GOVERNMENT NATIONAL MORTGAG 12/20/2042 0.03%NISOURCE FIN CP 12/01/2021 0.03%LEND PROC SRV 4/15/2023 0.03%ECOPETROL SA 9/18/2018 0.03%FOREST CITY ENT 8/15/2018 0.03%ROMANIA 1/22/2024 0.03%ACTAVIS PLC 0.03%Security% of PortfolioAJISEN CHINA HOLDINGS LTD 0.03%FANNIE MAE 1/01/2021 0.03%FANNIE MAE 5/01/2041 0.03%GS MORTGAGE SECURITIES TRUS 4/10/2038 0.03%ALNYLAM PHARMACEUTICALS INC 0.03%AMER INTL GROUP 2/15/2024 0.03%BEAR STEARNS COMMERCIAL MOR 10/12/2041 0.03%TIM PARTICIPACOES SA-ADR 0.03%PETROLEOS MEXICA 6/27/2044 0.03%CITIGROUP COMMERCIAL MORTGA 5/10/2047 0.03%VMWARE INC-CLASS A 0.03%HIKARI TSUSHIN INC 0.03%FANNIE MAE 3/01/2040 0.03%INTERPUBLIC GRP 11/15/2017 0.03%SUNTRUST BANKS 11/01/2018 0.03%BHP FINANCE USA 9/30/2018 0.03%US BANCORP 3/15/2022 0.03%AMER CAMPUS COMM 7/01/2024 0.03%MANITOBA (PROV) 5/14/2024 0.03%GOLDCORP INC 3/15/2018 0.03%CAMERON INTERNAT 6/15/2017 0.03%CP ALL PCL-FOREIGN 0.03%BANK OF MONTREAL 7/14/2017 0.03%CATERPILLAR FINL 3/03/2017 0.03%AT&T INC 12/01/2017 0.03%LIBERTY MUTUAL 8/01/2044 0.03%FANNIE MAE 11/01/2036 0.03%GOVERNMENT NATIONAL MORTGAG 8/20/2038 0.03%JEFFERIES GROUP 4/13/2018 0.03%JAZZTEL PLC 0.03%US TREASURY N/B 2/15/2022 0.03%CBL & ASSOCIATES PROPERTIES 0.03%VICTREX PLC 0.03%FREDDIE MAC 6/01/2042 0.03%SPECTRA ENERGY C 3/15/2023 0.03%KANSAS CITY SOUT 5/15/2043 0.03%HARLEY-DAVIDSON INC 0.03%IDEXX LABORATORIES INC 0.03%MOSAIC CO/THE 0.03%ECOPETROL SA 5/28/2045 0.03%WAL-MART STORES 10/25/2020 0.03%ROWAN COS INC 1/15/2024 0.03%YUM! BRANDS INC 0.03%EXOVA GROUP PLC 0.03%STRATASYS LTD 0.03%BINGGRAE CO LTD 0.03%WF-RBS COMMERCIAL MORTGAGE 8/15/2047 0.03%TOSHIBA TEC CORP 0.03%BEAR STEARNS COMMERCIAL MOR 6/11/2041 0.03%FISHER & PAYKEL HEALTHCARE 0.03%ROYAL BK CANADA 3/15/2019 0.03%MACQUARIE BK LTD 6/24/2019 0.03%GRIFOLS SA 0.03%LENNAR CORP-A 0.03%AST Portfolio Holdings588 of 635

AST T. Rowe Price Growth Opportunities Portfolio (continued)Security% of PortfolioOBARA GROUP INC 0.03%NHK SPRING CO LTD 0.03%ZODIAC AEROSPACE 0.03%HUBBELL INC -CL B 0.03%GLOBE TELECOM INC 0.03%INTEL CORP 0.03%NATIONAL OILWELL VARCO INC 0.03%GCCFC COMMERCIAL MORTGAGE T 3/10/2039 0.03%GOVERNMENT NATIONAL MORTGAG 1/15/2040 0.03%ALTRIA GROUP INC 5/02/2023 0.03%BANK OF AMER CRP 3/22/2017 0.03%NAKANISHI INC 0.03%GOURMET MASTER CO LTD 0.03%MERCADOLIBRE INC 0.03%TED BAKER PLC 0.03%WOOLWORTHS HOLDINGS LTD 0.03%GEN ELEC CAP CRP 9/07/2022 0.03%PRESS KOGYO CO LTD 0.03%WFRBS 2014-C20 3.93% 5/15/2047 0.03%GOLDMAN SACHS GP 10/01/2037 0.03%AMBU A/S-B 0.03%QUNAR CAYMAN ISLANDS LTD-AD 0.03%PARTNERS GROUP HOLDING AG 0.03%BANCA GENERALI SPA 0.03%PCHOME ONLINE INC 0.02%PETROLEOS MEXICA 1/23/2019 0.02%ENERGY TRAN PTNR 2/01/2042 0.02%3I GROUP PLC 0.02%WHOLE FOODS MARKET INC 0.02%ABCAM PLC 0.02%GENERAC HOLDINGS INC 0.02%BANK OF AMER CRP 4/01/2019 0.02%DCC PLC 0.02%ABBEY NATL TREAS 3/13/2017 0.02%IQE PLC 0.02%MERSEN (EX CARBON LORRAINE) 0.02%VOLKSWAGEN AUTO LOAN ENHANC 9/21/2020 0.02%AMERICAN CAMPUS COMMUNITIES 0.02%WIRECARD AG 0.02%UNITEDHEALTH GRP 3/15/2022 0.02%CONTINENTAL RESOURCES INC/O 0.02%AVANZA BANK HOLDING AB 0.02%CONOCOPHIL CO 12/15/2017 0.02%COX COMMUN INC 6/01/2018 0.02%NIPPON SEIKI CO LTD 0.02%ATHENAHEALTH INC 0.02%DELPHI CORP 5/15/2021 0.02%SOUTHERN POWER 9/15/2041 0.02%PETROLEO BRASIL-SP PREF AD 0.02%DAIICHIKOSHO CO LTD 0.02%HAYS PLC 0.02%MAYORA INDAH PT 0.02%NIPPON SODA CO LTD 0.02%MINTH GROUP LTD 0.02%Security% of PortfolioWPX ENERGY INC 0.02%WILLIAMS PARTNER 3/04/2044 0.02%FP CORP 0.02%IIDA GROUP HOLDINGS CO LTD 0.02%SEATTLE GENETICS INC 0.02%ACADIA PHARMACEUTICALS INC 0.02%DOMINO PRINTING SCIENCES PL 0.02%ESPIRITO SANTO SAUDE SGPS S 0.02%OPEN TEXT CORP 0.02%FLYBE GROUP PLC 0.02%OPERA SOFTWARE ASA 0.02%PAPA JOHN'S INTL INC 0.02%SANKYO TATEYAMA INC 0.02%VACON OYJ 0.02%PSEG POWER LLC 9/15/2016 0.02%AMADEUS IT HOLDING SA-A SHS 0.02%FREDDIE MAC 5/01/2028 0.02%BANK OF AMER CRP 7/24/2023 0.02%DELTA AIR 20091A 12/17/2019 0.02%FREDDIE MAC 8/01/2026 0.02%PNC FUNDING CORP 3/08/2022 0.02%TERRENO REALTY CORP 0.02%UACJ CORP 0.02%VERISK ANALYTICS INC-CLASS 0.02%GOLDCORP INC 6/09/2021 0.02%MEAD JOHNSON NUT 6/01/2044 0.02%RIO TINTO FINANC 6/17/2016 0.02%DDR CORP 1/15/2021 0.02%ANALOG DEVICES INC 0.02%MESSAGE CO LTD 0.02%GOVERNMENT NATIONAL MORTGAG 5/20/2033 0.02%APPALACHIAN PWR 5/15/2044 0.02%UNTD AIR 14-2 A 9/03/2026 0.02%FIDELITY NATIONA 6/05/2017 0.02%CELGENE CORP 5/15/2044 0.02%NISSAN CHEMICAL INDUSTRIES 0.02%AXIA REAL ESTATE SOCIMI SA 0.02%VIACOM INC 4/01/2019 0.02%PRINCIPAL FINL 9/15/2022 0.02%AMERICAN EXPRESS 5/22/2018 0.02%EQUINIX INC 0.02%FLEETCOR TECHNOLOGIES INC 0.02%D'IETEREN SA/NV 0.02%PLAYTECH PLC 0.02%LUMBER LIQUIDATORS HOLDINGS 0.02%NEWS AMER INC 8/15/2020 0.02%EQUITY ONE INC 0.02%CTS EVENTIM AG & CO KGAA 0.02%TRIMBLE NAVIGATION LTD 0.02%NIPPON ACCOMMODATIONS FUND 0.02%OXFORD INSTRUMENTS PLC 0.02%POLARIS INDUSTRIES INC 0.02%METTLER-TOLEDO INTERNATIONA 0.02%CHURCH & DWIGHT CO INC 0.02%AST Portfolio Holdings589 of 635

AST T. Rowe Price Growth Opportunities Portfolio (continued)Security% of PortfolioYOUGOV PLC 0.02%FIRST REPUBLIC BANK/CA 0.02%OCEANEERING INTL INC 0.02%COMCAST CORP 8/15/2037 0.02%SWATCH GROUP AG/THE-BR 0.02%TAKKT AG 0.02%WHITING PETROLEUM CORP 0.02%TUNIU CORP-SPON ADR 0.02%OW BUNKER A/S 0.02%PRES & FELLOWS 10/01/2037 0.02%FANNIE MAE 11/01/2043 0.02%FANNIE MAE 7/01/2028 0.02%EUROPEAN CURRENCY 0.02%OGE ENERGY CORP 0.02%INTERMEDIATE CAPITAL GROUP 0.02%ANTERO RESOURCES CORP 0.02%FANNIE MAE 10/01/2042 0.02%FANNIE MAE 7/01/2035 0.02%SEI INVESTMENTS COMPANY 0.02%AIR ARABIA PJSC 0.02%BANK OF THE RYUKYUS LTD 0.02%KENDRION NV 0.02%ISIS PHARMACEUTICALS INC 0.02%SARTORIUS AG-VORZUG 0.02%HERTZ GLOBAL HOLDINGS INC 0.02%TIME WARNER CABL 2/14/2019 0.02%SYNOPSYS INC 0.02%WORLD DUTY FREE SPA 0.02%UK POUND STERLING 0.02%MAIL.RU GROUP-GDR REGS 0.02%SIGNATURE BANK 0.02%SURYA CITRA MEDIA PT TBK 0.02%SKYWORKS SOLUTIONS INC 0.02%ACCELERON PHARMA INC 0.02%NATIONAL FUEL GAS CO 0.02%SBA COMMUNICATIONS CORP-CL 0.02%JPMBB COMMERCIAL MORTGAGE S 4/15/2047 0.02%PACKAGING CORP OF AMERICA 0.02%FIFTH THIRD BANK 1/16/2024 0.02%RELIANCE STEEL & ALUMINUM 0.02%JACK HENRY & ASSOCIATES INC 0.02%KIRBY CORP 0.02%ARROW ELECTRONIC 3/01/2018 0.02%FREDDIE MAC 7/01/2025 0.02%FANNIE MAE 9/01/2033 0.02%UNITED TECH CORP 4/15/2040 0.02%GRUBHUB INC 0.02%GOVERNMENT NATIONAL MORTGAG 8/15/2040 0.02%GOVERNMENT NATIONAL MORTGAG 10/20/2040 0.02%NEW YORK COMMUNITY BANCORP 0.02%AUTOZONE INC 0.02%EAST WEST BANCORP INC 0.02%LINCOLN ELECTRIC HOLDINGS 0.02%FANNIE MAE 12/01/2027 0.02%Security% of PortfolioCOLFAX CORP 0.02%ARCH CAPITAL GROUP LTD 0.02%GOVERNMENT NATIONAL MORTGAG 1/15/2042 0.02%GOVERNMENT NATIONAL MORTGAG 1/01/2043 0.02%ACE INA HOLDINGS 5/15/2024 0.02%PENSKE TRUCK LE 6/15/2019 0.02%HUNTINGTON INGALLS INDUSTRI 0.02%CGCMT 2014-GC23 A1 7/10/2047 0.02%CNH EQUIPMENT TRUST 5/17/2021 0.02%CITIGROUP INC 1/30/2042 0.02%FANNIE MAE 4/01/2035 0.02%CPN RETAIL GROWTH LEASEHOLD 0.02%TIME WARNER COS 6/15/2018 0.02%NAGASE & CO LTD 0.02%WABCO HOLDINGS INC 0.02%GS RETAIL CO LTD 0.02%RAYMOND JAMES FINANCIAL INC 0.02%VERIZON COMM INC 4/01/2019 0.02%APPLE INC 5/03/2018 0.02%COCHLEAR LTD 0.02%US TREASURY N/B 11/15/2041 0.02%MAJOR CINEPLEX GROUP-FOREIG 0.02%EXELON GENERATIO 10/01/2039 0.02%GRACO INC 0.02%SANITEC CORP 0.02%JONES LANG LASALLE INC 0.02%PROOFPOINT INC 0.02%ACTIVISION BLIZZARD INC 0.02%SANRIO CO LTD 0.02%CATHOLIC HEALTH 11/01/2022 0.02%CHEETAH MOBILE INC - ADR 0.02%ANHEUSER-BUSCH 1/15/2020 0.02%LABORATORIOS FARMACEUTICOS 0.02%REPUBLIC SVCS 9/15/2019 0.02%NBCUNIVERSAL MED 4/30/2020 0.02%CONVENIENCE RETAIL ASIA LTD 0.02%INVESTORS BANCORP INC 0.02%WR GRACE & CO 0.02%KELLOGG CO 0.02%SANWA HOLDINGS CORP 0.02%WACHOVIA CORP 8/01/2035 0.02%NORWEGIAN CRUISE LINE HOLDI 0.02%COOPER COS INC/THE 0.02%AVNET INC 6/15/2020 0.02%FLOWERS FOODS INC 0.02%CONSTELLAT ENER 12/01/2020 0.02%ROCK TENN COMPANY -CL A 0.02%VALE OVERSEAS 11/21/2036 0.02%ASHLAND INC 0.02%HARVEY NORMAN HOLDINGS LTD 0.02%ADVANCE AUTO PARTS INC 0.02%CJ CHEILJEDANG CORP 0.02%FORTUNE BRANDS HOME & SECUR 0.02%JARDEN CORP 0.02%AST Portfolio Holdings590 of 635

AST T. Rowe Price Growth Opportunities Portfolio (continued)Security% of PortfolioPROTECTIVE LIFE CORP 0.02%FANNIE MAE 1/01/2040 0.02%MANPOWERGROUP INC 0.02%DCP MIDSTREAM OP 4/01/2044 0.02%IMCD GROUP NV 0.02%WESTERN GAS PART 4/01/2044 0.02%CIVEO CORP 0.02%FIRST AMERICAN FINANCIAL 0.02%FANNIE MAE 5/01/2043 0.02%VTECH HOLDINGS LTD 0.02%NEWS AMER INC 2/15/2021 0.02%TCF FINANCIAL CORP 0.02%DOW CHEMICAL CO 11/15/2020 0.02%FUFENG GROUP LTD 0.02%GOVERNMENT NATIONAL MORTGAG 12/20/2034 0.02%HOME DEPOT INC 3/01/2016 0.02%BURSA MALAYSIA BHD 0.02%MIDDLEBY CORP 0.02%NOBLE ENERGY INC 12/15/2021 0.02%MORGAN STANLEY 11/24/2025 0.02%QUEBEC PROVINCE 7/29/2020 0.02%VALLEY NATIONAL BANCORP 0.02%MEDNAX INC 0.02%CMS ENERGY 3/01/2044 0.02%RESMED INC 0.02%OMNICARE INC 0.02%SIRIUS XM RADIO 8/15/2022 0.02%DOMINION DIAMOND CORP 0.02%WGL HOLDINGS INC 0.02%ANSYS INC 0.02%FANNIE MAE 1/01/2036 0.02%AIMIA INC 0.02%XEROX CORP 3/15/2017 0.02%VENTURE CORP LTD 0.02%FISERV INC 6/15/2016 0.02%AUTOHOME INC-ADR 0.02%REP OF POLAND 1/22/2024 0.02%KEPCO PLANT SERVICE & ENGIN 0.02%ANHEUSER-BUSCH 2/15/2016 0.02%VOLUTION GROUP PLC 0.02%SFS GROUP AG 0.02%DOMINO'S PIZZA INC 0.02%LKQ CORP 0.02%ELDORADO GOLD CORP 0.02%AIXTRON SE 0.02%FREDDIE MAC 1/01/2038 0.02%ERAC USA FINANCE 11/01/2018 0.02%DIRECTV HLDGS/FN 3/15/2017 0.02%HUNT (JB) TRANSPRT SVCS INC 0.02%TOM TAILOR HOLDING AG 0.02%ACUITY BRANDS INC 0.02%TOKYO TATEMONO CO LTD 0.02%GOVERNMENT NATIONAL MORTGAG 7/20/2040 0.02%HYDER CONSULTING PLC 0.02%Security% of PortfolioBANK OF AMER CRP 1/22/2024 0.02%EDUCATION REALTY TRUST INC 0.02%CNA FINANCIAL 5/15/2024 0.02%CIT GROUP INC 0.02%BLACK HILLS CORP 0.02%DELPHI CORP 3/15/2024 0.02%MURPHY OIL CORP 12/01/2017 0.02%OLD REPUBLIC INTL CORP 0.02%VIDRALA SA 0.02%VALE OVERSEAS 1/11/2022 0.02%FANNIE MAE 4/01/2035 0.02%NIPPON KAYAKU CO LTD 0.02%CONSTELLATION BRANDS INC-A 0.02%LEONTEQ AG 0.02%VT HOLDINGS CO LTD 0.02%ENLINK MIDSTREAM 4/01/2019 0.02%GENTEX CORP 0.02%WERNER ENTERPRISES INC 0.02%SELECT INCOME REIT 0.02%FANNIE MAE 12/01/2039 0.02%BOSTON PRIVATE FINL HOLDING 0.02%ITE GROUP PLC 0.02%CITIGROUP INC 1/15/2016 0.02%POLYPIPE GROUP PLC 0.02%FANNIE MAE 4/01/2034 0.02%STABILUS SA 0.02%JB HUNT TRANSPRT 3/15/2019 0.02%CALIFORNIA WATER SERVICE GR 0.02%AFREECATV CO LTD 0.02%AETNA INC 3/15/2019 0.02%PADDY POWER PLC 0.02%MARSH & MCLENNAN 6/03/2024 0.02%BP CAPITAL PLC 11/06/2017 0.02%WILLIAMS COS INC 6/24/2024 0.02%GILEAD SCIENCES 4/01/2019 0.02%MICROS SYSTEMS INC 0.02%GATX CORP 3/04/2017 0.02%AT&T INC 2/15/2022 0.02%ROHTO PHARMACEUTICAL CO LTD 0.02%INTL PAPER CO 6/15/2044 0.02%FREDDIE MAC 9/01/2039 0.01%FOOT LOCKER INC 0.01%HEALTHCARE SERVICES GROUP 0.01%ROYAL CARIBBEAN CRUISES LTD 0.01%CATCHER TECHNOLOGY CO LTD 0.01%GOVERNMENT NATIONAL MORTGAG 4/15/2039 0.01%BANK MUSCAT SAOG-GDR REG S 0.01%SENSATA TECHNOLOGIES HOLDIN 0.01%EVERCORE PARTNERS INC-CL A 0.01%VEDA GROUP LTD 0.01%MUSASHI SEIMITSU INDUSTRY C 0.01%JOHN DEERE CAP 1/15/2020 0.01%DISH NETWORK CORP-A 0.01%NIHON PARKERIZING CO LTD 0.01%AST Portfolio Holdings591 of 635

AST T. Rowe Price Growth Opportunities Portfolio (continued)Security% of PortfolioWORKDAY INC-CLASS A 0.01%FANNIE MAE 8/01/2024 0.01%AALBERTS INDUSTRIES NV 0.01%ENERGEN CORP 0.01%YELLOW HAT LTD 0.01%NORTHERN TRST CO 8/02/2022 0.01%FANNIE MAE 10/01/2027 0.01%FIRST NIAGARA FINANCIAL GRP 0.01%AMERICAN CAPITAL AGENCY COR 0.01%BRIT COLUMBIA 10/23/2022 0.01%REALTY INCOME CORP 0.01%MABUCHI MOTOR CO LTD 0.01%SYMETRA FINANCIAL CORP 0.01%ZAIS FINANCIAL CORP 0.01%INGRAM MICRO INC-CL A 0.01%CNA FINANCIAL CORP 0.01%EVEREST RE GROUP LTD 0.01%NIBE INDUSTRIER AB-B SHS 0.01%AIN PHARMACIEZ INC 0.01%SIRONA DENTAL SYSTEMS INC 0.01%SPROUTS FARMERS MARKET INC 0.01%WEST PHARMACEUTICAL SERVICE 0.01%FIRST INTERNET BANCORP 0.01%SIRIUS XM HOLDINGS INC 0.01%MIRACA HOLDINGS INC 0.01%ELEKTA AB-B SHS 0.01%CORPORATE EXECUTIVE BOARD C 0.01%HOLCIM US FINANC 12/30/2019 0.01%TECAN GROUP AG-REG 0.01%DKSH HOLDING LTD 0.01%FIRST POTOMAC REALTY TRUST 0.01%SUMMARECON AGUNG TBK PT 0.01%SUPERIOR ENERGY SERVICES IN 0.01%SHAWCOR LTD 0.01%PREFERRED BANK/LOS ANGELES 0.01%NOAH HOLDINGS LTD-SPON ADS 0.01%AMERICAN STATES WATER CO 0.01%BYGGMAX GROUP AB 0.01%OPHIR ENERGY PLC 0.01%CORE LABORATORIES N.V. 0.01%CREE INC 0.01%BRUNSWICK CORP 0.01%OSHKOSH CORP 0.01%TAIWAN CEMENT 0.01%AMERICAN CAPITAL MORTGAGE I 0.01%GOVERNMENT NATIONAL MORTGAG 1/20/2043 0.01%KAR AUCTION SERVICES INC 0.01%KAKAKU.COM INC 0.01%TOWERS WATSON & CO-CL A 0.01%AMERICAN RESIDENTIAL PROPER 0.01%BIOMARIN PHARMACEUTICAL INC 0.01%ELLINGTON RESIDENTIAL MORTG 0.01%PFEIFFER VACUUM TECHNOLOGY 0.01%INTL PAPER CO 2/15/2022 0.01%Security% of PortfolioCOGNEX CORP 0.01%UNIPRES CORP 0.01%MYSALE GROUP PLC 0.01%BLOOMIN' BRANDS INC 0.01%ELECTRONIC ARTS INC 0.01%CBIZ INC 0.01%WILLIS GROUP HOLDINGS PLC 0.01%PTC INC 0.01%T-MOBILE US INC 0.01%SAI GLOBAL LTD 0.01%TOEI CO LTD 0.01%SM ENERGY CO 0.01%APOLLO COMMERCIAL REAL ESTA 0.01%GIORDANO INTERNATIONAL LTD 0.01%COMM MORTGAGE TRUST 4/10/2047 0.01%GS MORTGAGE SEC. TRUST 4/10/2047 0.01%ATMEL CORP 0.01%MORGAN STANLEY BAML TRUST 4/15/2047 0.01%ULTA SALON COSMETICS & FRAG 0.01%POST PROPERTIES INC 0.01%CHERRY HILL MORTGAGE INVEST 0.01%INFORMATICA CORP 0.01%PETRA DIAMONDS LTD 0.01%ENDO HEALTH SOLUTIONS INC 0.01%FREDDIE MAC 4/01/2042 0.01%DOUGLAS DYNAMICS INC 0.01%REALOGY HOLDINGS CORP 0.01%LIBERTY MEDIA SHS SERIES C 0.01%LEVEL 3 COMMUNICATIONS INC 0.01%GRUPO LALA SAB DE CV 0.01%BARON DE LEY 0.01%CYBERAGENT INC 0.01%INVESTORS REAL ESTATE TRUST 0.01%THERMO FISHER 2/01/2019 0.01%MDC HOLDINGS INC 0.01%JOHN DEERE OWNER TRUST 4/16/2018 0.01%YOOX SPA 0.01%TECHNE CORP 0.01%FORD CREDIT AUTO LEASE TRUS 11/15/2017 0.01%MONSTER BEVERAGE CORP 0.01%OILES CORP 0.01%CUBIST PHARMACEUTICALS INC 0.01%PPL CAPITAL FDG 6/01/2018 0.01%MORGAN STANLEY 7/23/2019 0.01%EBIQUITY PLC 0.01%IP GROUP PLC 0.01%CHINA HUIYUAN JUICE GROUP 0.01%COVANCE INC 0.01%ZEBRA TECHNOLOGIES CORP-CL 0.01%TEMPUR SEALY INTERNATIONAL 0.01%NCR CORPORATION 0.01%JP MORGAN CHASE COMMERCIAL 7/15/2047 0.01%CYPRESS SEMICONDUCTOR CORP 0.01%SPIRIT AIRLINES INC 0.01%AST Portfolio Holdings592 of 635

AST T. Rowe Price Growth Opportunities Portfolio (continued)Security% of PortfolioDICK'S SPORTING GOODS INC 0.01%CNO FINANCIAL GROUP INC 0.01%ALASKA AIR GROUP INC 0.01%LUXOFT HOLDING INC 0.01%YOMA STRATEGIC HLDGS LTD 0.01%DENNY'S CORP 0.01%FHMS KO25 A1 1.875% 4/25/2022 0.01%CPMC HOLDINGS LTD 0.01%INDUTRADE AB 0.01%INCYTE CORP 0.01%WRIGHT MEDICAL GROUP INC 0.01%VERIZON COMM INC 9/15/2033 0.01%MANHATTAN ASSOCIATES INC 0.01%CSG SYSTEMS INTL INC 0.01%LS INDUSTRIAL SYSTEMS 0.01%MEGASTUDY CO LTD 0.01%CEPHEID INC 0.01%RAMCO-GERSHENSON PROPERTIES 0.01%CREDITO REAL SAB DE CV 0.01%WEATHERFORD INTERNATIONAL P 0.01%LADBROKES PLC 0.01%FEI COMPANY 0.01%CALBEE INC 0.01%CHICAGO BRIDGE & IRON CO NV 0.01%INTL GAME TECHNOLOGY 0.01%CYS INVESTMENTS INC 0.01%BROCADE COMMUNICATIONS SYS 0.01%PENN NATIONAL GAMING INC 0.01%WANDISCO PLC 0.01%UNITED STATES STEEL CORP 0.01%UNIVERSAL HEALTH SERVICES-B 0.01%RADIAN GROUP INC 0.01%PVH CORP 0.01%CALGON CARBON CORP 0.01%AMERIPRISE FINL 3/15/2020 0.01%NUANCE COMMUNICATIONS INC 0.01%KODIAK OIL & GAS CORP 0.01%OLD DOMINION FREIGHT LINE 0.01%ROUND ONE CORP 0.01%CARBURES EUROPE SA 0.01%EOG RESOURCES INC 0.01%INTERCEPT PHARMACEUTICALS I 0.01%ALKERMES PLC 0.01%NABORS INDS INC 9/15/2020 0.01%CENTRAL PATTANA PUB CO-FORE 0.01%CARLISLE COS INC 0.01%NIKKISO CO LTD 0.01%WACHOVIA BANK COMMERCIAL MO 5/15/2046 0.01%ALBIOMA 0.01%TOTVS SA 0.01%JP MORGAN CHASE COMMERCIAL 2/12/2049 0.01%ARC DOCUMENT SOLUTIONS INC 0.01%GUIDEWIRE SOFTWARE INC 0.01%JDS UNIPHASE CORP 0.01%Security% of PortfolioMALLINCKRODT PLC 0.01%NORTHSTAR REALTY FINANCE C 0.01%PACIRA PHARMACEUTICALS INC 0.01%JP MORGAN CHASE COMMERCIAL 5/15/2047 0.01%ROYAL GOLD INC 0.01%TUMI HOLDINGS INC 0.01%BIOMERIEUX 0.01%UCP INC - CL A 0.01%FOSSIL GROUP INC 0.01%REDWOOD TRUST INC 0.01%B/E AEROSPACE INC 0.01%COMPUTER MODELLING GROUP LT 0.01%GULFPORT ENERGY CORP 0.01%LIBERTY MEDIA CORP - A 0.01%WATERSTONE FINANCIAL INC 0.01%CHARLES RIVER LABORATORIES 0.01%TAMRON CO LTD 0.01%TELEFONICA EMIS 2/16/2016 0.01%RAPALA VMC OYJ 0.01%NIELSEN HOLDINGS 0.01%PALO ALTO NETWORKS INC 0.01%FORBES ENERGY SERVICES LTD 0.01%NORTHSTAR ASSET MANAGEMENT 0.01%PACCAR FINL CORP 3/15/2017 0.01%GOVERNMENT NATIONAL MORTGAG 9/20/2040 0.01%MACQUARIE BK LTD 3/24/2017 0.01%DIAMONDBACK ENERGY INC 0.01%SMART TRUST 2/14/2018 0.01%FORD CREDIT AUTO LEASE TRUS 6/15/2017 0.01%CAPITAL AUTO RECEIVABLES AS 10/22/2018 0.01%AEROCENTURY CORP 0.01%BNP PARIBAS 3/17/2017 0.01%COMM MORTGAGE TRUST 8/10/2047 0.01%CNH EQUIPMENT TRUST 5/15/2019 0.01%GE EQUIPMENT TRANSPORTATION 8/23/2022 0.01%FORD CREDIT FLOORPLAN MASTE 2/15/2019 0.01%TIFFANY & CO 0.01%AMERICREDIT AUTOMOBILE RECE 7/08/2019 0.01%AMERICAN INTL GROUP 7/16/2019 0.01%EXCEL TRUST INC 0.01%ONTARIO PROVINCE 2/14/2018 0.01%HUNTSWORTH PLC 0.01%BURLINGTON STORES INC 0.01%GSMS 2014-GC22 A1 6/10/2047 0.01%SELECT MEDICAL HOLDINGS COR 0.01%INSULET CORP 0.01%APOLLO EDUCATION GROUP INC 0.01%COMM MORTGAGE TRUST 3/10/2047 0.01%CITIGROUP COMMERCIAL MORTGA 3/10/2047 0.01%AMERICAN REALTY CAPITAL PRO 0.01%STAG INDUSTRIAL INC 0.01%SKYLINE CORP 0.01%KOSMOS ENERGY LTD 0.01%COMM MORTGAGE TRUST 2/10/2047 0.01%AST Portfolio Holdings593 of 635

AST T. Rowe Price Growth Opportunities Portfolio (continued)Security% of PortfolioUNITED THERAPEUTICS CORP 0.01%COMFORT SYSTEMS USA INC 0.01%MEDIVATION INC 0.01%ADVANCED MICRO DEVICES 0.01%GARTNER INC 0.01%GNC HOLDINGS INC-CL A 0.01%PETROBRAS 5/20/2043 0.01%TRINITY LTD 0.01%DESCARTES SYSTEMS GRP/THE 0.01%OMNIVISION TECHNOLOGIES INC 0.01%US SILICA HOLDINGS INC 0.01%CHARTER COMMUNICATION-A 0.01%TECUMSEH PRODUCTS CO 0.01%SEEK LTD 0.01%VERIFONE SYSTEMS INC 0.01%RACKSPACE HOSTING INC 0.01%TEL-INSTRUMENT ELECTRONICS 0.01%LINDAB INTERNATIONAL AB 0.01%NU SKIN ENTERPRISES INC - A 0.01%OCWEN FINANCIAL CORP 0.01%CHICAGO IL MET WTR RECLAMAT 12/01/2038 0.01%HOLLYFRONTIER CORP 0.01%NCI BUILDING SYSTEMS INC 0.01%YOUKU TUDOU INC-ADR 0.01%OFFICE DEPOT INC 0.01%ASPEN TECHNOLOGY INC 0.01%VOSTOK NAFTA INVESTMENT-SDR 0.01%ISLAMIC ARAB INSURANCE COM 0.01%KEURIG GREEN MOUNTAIN INC 0.01%ACTUATE CORP 0.01%LRAD CORP 0.01%RATHBONE BROTHERS PLC 0.01%METALICO INC 0.01%GLOW ENERGY PCL - FOREIGN 0.01%STR HOLDINGS INC 0.01%ESSEX RENTAL CORP 0.01%SUPERCONDUCTOR TECHNOLOGIES 0.01%THERAVANCE INC 0.01%BHP BILLITON PLC 0.01%ZYNGA INC - CL A 0.01%ZENKOKU HOSHO CO LTD 0.01%RESTORATION HARDWARE HOLDIN 0.01%CELGENE CORP 8/15/2018 0.01%ERAC USA FINANCE 11/15/2024 0.01%ESCALERA RESOURCES CO 0.01%NUVERRA ENVIRONMENTAL SOLUT 0.01%MCKESSON CORP 3/10/2017 0.01%THOMSON REUTERS 5/23/2016 0.01%VULCAN MATERIALS CO 0.01%W&T OFFSHORE INC 0.01%URANIUM RESOURCES INC 0.01%SALAMANDER ENERGY PLC 0.01%MORGAN STANLEY BAML TRUST 6/15/2047 0.01%FREDDIE MAC 3/01/2042 0.01%Security% of PortfolioSUPERNUS PHARMACEUTICALS IN 0.01%ALON USA ENERGY INC 0.01%WALTER INVESTMENT MANAGEMEN 0.01%EXETER AUTOMOBILE RECEIVABL 8/15/2018 0.01%HERO SUPERMARKET TBK PT 0.01%CELLDEX THERAPEUTICS INC 0.01%TRANSDIGM GROUP INC 0.01%ENGLOBAL CORP 0.01%AH BELO CORP-A 0.01%UNI-PRESIDENT CHINA HOLDING 0.01%VEEVA SYSTEMS INC-CLASS A 0.01%TRINITY INDUSTRIES INC 0.01%MOLINA HEALTHCARE INC 0.01%AEROPOSTALE INC 0.01%ANGIE'S LIST INC 0.01%AMTECH SYSTEMS INC 0.01%RETAILMENOT INC < 0.01%DLH HOLDINGS CORP < 0.01%INTERMUNE INC < 0.01%ASTROTECH CORP < 0.01%SVB FINANCIAL GROUP < 0.01%FRANCESCAS HOLDINGS CORP < 0.01%ALEXANDER & BALDWIN INC < 0.01%HUTTIG BUILDINGS PRODUCTS < 0.01%GRIFOLS SA - B < 0.01%FINJAN HOLDINGS INC < 0.01%GOGO INC < 0.01%XL GROUP PLC < 0.01%3D SYSTEMS CORP < 0.01%HONG KONG DOLLAR < 0.01%THERAVANCE BIOPHARMA INC < 0.01%SPANSION INC-CLASS A < 0.01%AMKOR TECHNOLOGY INC < 0.01%AOL INC < 0.01%INDEPENDENCE REALTY TRUST I < 0.01%ASHFORD HOSPITALITY TRUST < 0.01%RALPH LAUREN CORP < 0.01%VF CORP < 0.01%REGULUS THERAPEUTICS INC < 0.01%GROUPON INC < 0.01%FNFV GROUP < 0.01%ELECTROMAGNETIC GEOSERVICES < 0.01%S FRWD JPY 8/04/2014 < 0.01%CORNERSTONE ONDEMAND INC < 0.01%POWER REIT < 0.01%SEVERN BANCORP INC/MD < 0.01%GLADSTONE INVESTMENT CORP < 0.01%MANITOWOC COMPANY INC < 0.01%MCCLATCHY CO-CLASS A < 0.01%NET ELEMENT INTERNATIONAL I < 0.01%INTUIT INC < 0.01%BRAZILIAN REAL < 0.01%GREENHILL & CO INC < 0.01%PERRIGO CO PLC < 0.01%AST Portfolio Holdings594 of 635

AST T. Rowe Price Growth Opportunities Portfolio (continued)Security% of PortfolioSINGAPORE DOLLAR < 0.01%LEONTEQ AG RTS, EXP < 0.01%KUONI REISEN HLDG-REG(CAT B < 0.01%SUN HUNG KAI WTS EXP: 2016 < 0.01%NEW ZEALAND DOLLA < 0.01%MEXICAN PESO < 0.01%S FRWD JPY 1 8/04/2014 < 0.01%S FRWD JPY 1 8/04/2014 < 0.01%S SPOT GBP 8/04/2014 < 0.01%SOUTH AFRICAN RAN < 0.01%NORWEGIAN KRONE < 0.01%JAPANESE YEN < 0.01%L SPOT CHF 8/05/2014 < 0.01%L SPOT DKK 8/04/2014 < 0.01%L SPOT EUR 8/04/2014 < 0.01%L SPOT EUR 8/01/2014 < 0.01%L SPOT EUR 8/04/2014 < 0.01%S SPOT EUR 8/01/2014 < 0.01%S SPOT CHF 8/04/2014 < 0.01%L SPOT EUR 8/01/2014 < 0.01%L SPOT EUR 8/04/2014 < 0.01%S SPOT CND 8/01/2014 < 0.01%L SPOT EUR 8/04/2014 < 0.01%L SPOT EUR 8/04/2014 < 0.01%L SPOT EUR 8/04/2014 < 0.01%L SPOT DKK 8/04/2014 < 0.01%L SPOT CHF 8/05/2014 < 0.01%S SPOT CHF 8/04/2014 < 0.01%S SPOT EUR 8/04/2014 < 0.01%S SPOT HK 8/01/2014 < 0.01%FANNIE MAE 1/01/2034 < 0.01%FANNIE MAE 1/01/2040 < 0.01%FANNIE MAE 1/01/2042 < 0.01%SYNTROLEUM CORP ESCROW SHA < 0.01%S SPOT CHF 8/05/2014 < 0.01%L SPOT HK 8/01/2014 < 0.01%L SPOT HK 8/01/2014 < 0.01%L SPOT EUR 8/04/2014 < 0.01%L SPOT EUR 8/01/2014 < 0.01%L SPOT EUR 8/01/2014 < 0.01%L SPOT EUR 8/01/2014 < 0.01%L SPOT THB 8/01/2014 < 0.01%L SPOT EUR 8/04/2014 < 0.01%L SPOT SEK 8/04/2014 < 0.01%L SPOT EUR 8/04/2014 < 0.01%L SPOT EUR 8/01/2014 < 0.01%L SPOT EUR 8/04/2014 < 0.01%L SPOT PHP 8/01/2014 < 0.01%L SPOT THB 8/01/2014 < 0.01%L SPOT SEK 8/04/2014 < 0.01%L SPOT EUR 8/04/2014 < 0.01%L SPOT CND 8/01/2014 < 0.01%L SPOT JPY 1 8/01/2014 < 0.01%L SPOT NOK 8/04/2014 < 0.01%Security% of PortfolioL SPOT JPY 1 8/04/2014 < 0.01%THAILAND BAHT < 0.01%L SPOT GBP 8/04/2014 < 0.01%L SPOT GBP 8/04/2014 < 0.01%L SPOT SEK 8/04/2014 < 0.01%L SPOT SEK 8/04/2014 < 0.01%L SPOT GBP 8/04/2014 < 0.01%L SPOT GBP 8/04/2014 < 0.01%L SPOT GBP 8/01/2014 < 0.01%L SPOT EUR 8/01/2014 < 0.01%L SPOT GBP 8/04/2014 < 0.01%L SPOT AUD 8/01/2014 < 0.01%L SPOT JPY 1 8/01/2014 < 0.01%L SPOT JPY 1 8/01/2014 < 0.01%AST Portfolio Holdings595 of 635

AST T. Rowe Price Large-Cap Growth PortfolioSecurity% of PortfolioAMAZON.COM INC 4.14%PRICELINE GROUP INC/THE 3.42%GILEAD SCIENCES INC 3.42%VISA INC-CLASS A SHARES 3.32%GOOGLE INC-CL A 3.03%MCKESSON CORP 2.97%GOOGLE INC-CL C 2.90%BOEING CO/THE 2.85%DANAHER CORP 2.70%PIONEER NATURAL RESOURCES C 2.66%BIOGEN IDEC INC 2.53%PRECISION CASTPARTS CORP 2.27%WYNN RESORTS LTD 2.24%CROWN CASTLE INT 1.91%SHERWIN-WILLIAMS CO/THE 1.88%FACEBOOK INC-A 1.80%INTUITIVE SURGICAL INC 1.77%CELGENE CORP 1.77%AMERICAN AIRLINES GROUP INC 1.76%RANGE RESOURCES CORP 1.76%STARBUCKS CORP 1.75%ALEXION PHARMACEUTICALS INC 1.72%VALEANT PHARMACEUTICALS 1.68%TD AMERITRADE HOLDING CORP 1.61%MORGAN STANLEY 1.60%LOWE'S COS INC 1.56%BAIDU INC - SPON ADR 1.51%ECOLAB INC 1.48%LAS VEGAS SANDS CORP 1.42%ASML HOLDING NV-NY REG SHS 1.42%SALESFORCE.COM INC 1.40%UNITED TECHNOLOGIES CORP 1.39%PEPSICO INC 1.32%ALLERGAN INC 1.31%TWENTY-FIRST CENTURY FOX-A 1.21%CHIPOTLE MEXICAN GRILL INC 1.15%STATE STREET CORP 1.10%MGM RESORTS INTERNATIONAL 1.08%RED HAT INC 1.08%UNITEDHEALTH GROUP INC 1.06%DR HORTON INC 0.99%CTRIP.COM INTERNATIONAL-ADR 0.93%TRACTOR SUPPLY COMPANY 0.92%CARDINAL HEALTH INC 0.91%WABTEC CORP 0.89%DELPHI AUTOMOTIVE PLC 0.88%HUMANA INC 0.84%HILTON WORLDWIDE HOLDINGS I 0.82%ESTEE LAUDER COMPANIES-CL A 0.79%SERVICENOW INC 0.78%EQT CORP 0.77%MICHAEL KORS HOLDINGS LTD 0.74%LINKEDIN CORP - A 0.72%NETFLIX INC 0.68%Security% of PortfolioNETSUITE INC 0.68%VULCAN MATERIALS CO 0.67%VANTIV INC - CL A 0.66%FEDEX CORP 0.58%AKAMAI TECHNOLOGIES INC 0.58%WALGREEN CO 0.57%VERTEX PHARMACEUTICALS INC 0.57%CARMAX INC 0.56%UNITED CONTINENTAL HOLDINGS 0.55%KANSAS CITY SOUTHERN 0.53%VMWARE INC-CLASS A 0.52%WORKDAY INC-CLASS A 0.52%PRUDENTIAL CORE INVESTMENT 0.49%TESLA MOTORS INC 0.45%INTERCONTINENTAL EXCHANGE I 0.40%HUNT (JB) TRANSPRT SVCS INC 0.34%ATHENAHEALTH INC 0.28%VERISK ANALYTICS INC-CLASS 0.24%VIPSHOP HOLDINGS LTD - ADS 0.10%DOLLAR TREE INC 0.07%LIVING SOCIAL < 0.01%AST Portfolio Holdings596 of 635

AST T. Rowe Price Large-Cap Growth PortfolioSecurity% of PortfolioAMAZON.COM INC 4.14%PRICELINE GROUP INC/THE 3.42%GILEAD SCIENCES INC 3.42%VISA INC-CLASS A SHARES 3.32%GOOGLE INC-CL A 3.03%MCKESSON CORP 2.97%GOOGLE INC-CL C 2.90%BOEING CO/THE 2.85%DANAHER CORP 2.70%PIONEER NATURAL RESOURCES C 2.66%BIOGEN IDEC INC 2.53%PRECISION CASTPARTS CORP 2.27%WYNN RESORTS LTD 2.24%CROWN CASTLE INT 1.91%SHERWIN-WILLIAMS CO/THE 1.88%FACEBOOK INC-A 1.80%INTUITIVE SURGICAL INC 1.77%CELGENE CORP 1.77%AMERICAN AIRLINES GROUP INC 1.76%RANGE RESOURCES CORP 1.76%STARBUCKS CORP 1.75%ALEXION PHARMACEUTICALS INC 1.72%VALEANT PHARMACEUTICALS 1.68%TD AMERITRADE HOLDING CORP 1.61%MORGAN STANLEY 1.60%LOWE'S COS INC 1.56%BAIDU INC - SPON ADR 1.51%ECOLAB INC 1.48%LAS VEGAS SANDS CORP 1.42%ASML HOLDING NV-NY REG SHS 1.42%SALESFORCE.COM INC 1.40%UNITED TECHNOLOGIES CORP 1.39%PEPSICO INC 1.32%ALLERGAN INC 1.31%TWENTY-FIRST CENTURY FOX-A 1.21%CHIPOTLE MEXICAN GRILL INC 1.15%STATE STREET CORP 1.10%MGM RESORTS INTERNATIONAL 1.08%RED HAT INC 1.08%UNITEDHEALTH GROUP INC 1.06%DR HORTON INC 0.99%CTRIP.COM INTERNATIONAL-ADR 0.93%TRACTOR SUPPLY COMPANY 0.92%CARDINAL HEALTH INC 0.91%WABTEC CORP 0.89%DELPHI AUTOMOTIVE PLC 0.88%HUMANA INC 0.84%HILTON WORLDWIDE HOLDINGS I 0.82%ESTEE LAUDER COMPANIES-CL A 0.79%SERVICENOW INC 0.78%EQT CORP 0.77%MICHAEL KORS HOLDINGS LTD 0.74%LINKEDIN CORP - A 0.72%NETFLIX INC 0.68%Security% of PortfolioNETSUITE INC 0.68%VULCAN MATERIALS CO 0.67%VANTIV INC - CL A 0.66%FEDEX CORP 0.58%AKAMAI TECHNOLOGIES INC 0.58%WALGREEN CO 0.57%VERTEX PHARMACEUTICALS INC 0.57%CARMAX INC 0.56%UNITED CONTINENTAL HOLDINGS 0.55%KANSAS CITY SOUTHERN 0.53%VMWARE INC-CLASS A 0.52%WORKDAY INC-CLASS A 0.52%PRUDENTIAL CORE INVESTMENT 0.49%TESLA MOTORS INC 0.45%INTERCONTINENTAL EXCHANGE I 0.40%HUNT (JB) TRANSPRT SVCS INC 0.34%ATHENAHEALTH INC 0.28%VERISK ANALYTICS INC-CLASS 0.24%VIPSHOP HOLDINGS LTD - ADS 0.10%DOLLAR TREE INC 0.07%LIVING SOCIAL < 0.01%AST Portfolio Holdings597 of 635

AST T. Rowe Price Natural Resources PortfolioSecurity% of PortfolioROYAL DUTCH SHELL PLC-ADR 3.30%PIONEER NATURAL RESOURCES C 3.25%EXXON MOBIL CORP 2.70%CONCHO RESOURCES INC 2.64%NISOURCE INC 2.31%ANADARKO PETROLEUM CORP 2.28%APACHE CORP 2.26%CIMAREX ENERGY CO 2.26%EQT CORP 2.06%ENI SPA 2.06%SCHLUMBERGER LTD 1.90%AIRGAS INC 1.87%RANGE RESOURCES CORP 1.85%MARTIN MARIETTA MATERIALS 1.75%SOUTHERN COPPER CORP 1.64%ECOLAB INC 1.60%PHILLIPS 66 1.57%FLOWSERVE CORP 1.56%BHP BILLITON LTD 1.55%HESS CORP 1.52%SM ENERGY CO 1.50%HALLIBURTON CO 1.43%OASIS PETROLEUM INC 1.43%CELANESE CORP-SERIES A 1.38%RPM INTERNATIONAL INC 1.32%WEYERHAEUSER CO 1.31%PRAXAIR INC 1.15%CHEVRON CORP 1.14%PETRA DIAMONDS LTD 1.10%EOG RESOURCES INC 1.07%FORTESCUE METALS GROUP LTD 1.06%ATHLON ENERGY INC 1.06%AMEC PLC 1.00%FRANCO-NEVADA CORP 0.99%INTERNATIONAL PAPER CO 0.96%DIAMONDBACK ENERGY INC 0.92%MOSAIC CO/THE 0.92%SANTOS LTD 0.90%CONTINENTAL RESOURCES INC/O 0.88%BABCOCK & WILCOX CO/THE 0.87%WPX ENERGY INC 0.84%P G & E CORP 0.84%CANADIAN NATURAL RESOURCES 0.81%UNITED STATES STEEL CORP 0.80%BUNGE LTD 0.80%CAMERON INTERNATIONAL CORP 0.79%PRUDENTIAL CORE INVESTMENT 0.79%NATIONAL OILWELL VARCO INC 0.78%QUANTA SERVICES INC 0.73%AMERICAN ELECTRIC POWER 0.72%VICTREX PLC 0.71%SPECTRA ENERGY CORP 0.70%NRG ENERGY INC 0.70%CHESAPEAKE ENERGY CORP 0.70%Security% of PortfolioEXTERRAN HOLDINGS INC 0.66%MONSANTO CO 0.62%XYLEM INC 0.62%TALISMAN ENERGY INC 0.62%POTASH CORP OF SASKATCHEWAN 0.62%JACOBS ENGINEERING GROUP IN 0.62%NATIONAL GRID PLC 0.61%SHERWIN-WILLIAMS CO/THE 0.60%BERRY PLASTICS GROUP INC 0.60%BALL CORP 0.59%NUVISTA ENERGY LTD 0.58%US SILICA HOLDINGS INC 0.58%INFRAESTRUCTURA ENERGETICA 0.57%FRESNILLO PLC 0.56%PREMIER OIL PLC 0.55%HOLCIM LTD-REG 0.54%VULCAN MATERIALS CO 0.54%ENTERGY CORP 0.54%RANDGOLD RESOURCES LTD 0.51%WORTHINGTON INDUSTRIES 0.51%CORE LABORATORIES N.V. 0.47%MATADOR RESOURCES CO 0.47%MEADWESTVACO CORP 0.46%CONSTELLIUM NV- CLASS A 0.44%AIR PRODUCTS & CHEMICALS IN 0.43%EAGLE MATERIALS INC 0.42%OPHIR ENERGY PLC 0.42%HELIX ENERGY SOLUTIONS GROU 0.41%SALAMANDER ENERGY PLC 0.41%PARSLEY ENERGY INC-CLASS A 0.41%JSC MMC NORILSK NICK 0.40%HARSCO CORP 0.39%ILUKA RESOURCES LTD 0.39%SILVER WHEATON CORP 0.36%PDC ENERGY INC 0.36%CLEARWATER PAPER CORP 0.35%EXELON CORP 0.35%ARC RESOURCES LTD 0.35%FIRST QUANTUM MINERALS LTD 0.33%VALMONT INDUSTRIES 0.33%ENERGY XXI BERMUDA 0.32%PNM RESOURCES INC 0.31%FLOTEK INDUSTRIES INC 0.30%GAIL INDIA LTD 0.28%WEST FRASER TIMBER CO LTD 0.28%CLOUD PEAK ENERGY INC 0.28%JOHNSON MATTHEY PLC 0.27%GENEL ENERGY PLC 0.26%CONSOL ENERGY INC 0.26%KAPSTONE PAPER AND PACKAGIN 0.25%TULLOW OIL PLC 0.25%WOOD GROUP (JOHN) PLC 0.24%VIDRALA SA 0.23%ARCELORMITTAL-NY REGISTERED 0.23%AST Portfolio Holdings598 of 635

AST T. Rowe Price Natural Resources Portfolio (continued)Security% of PortfolioCF INDUSTRIES HOLDINGS, INC 0.22%ANGLOGOLD ASHANTI LTD 0.22%INTL FLAVORS & FRAGRANCES 0.21%SCHWEITZER-MAUDUIT INTL INC 0.16%WARTSILA OYJ ABP 0.16%TESCO CORP 0.15%ECLIPSE RESOURCES CORP 0.14%COMPUTER MODELLING GROUP LT 0.14%PLATFORM SPECIALTY PRODUCTS 0.13%FIRSTENERGY CORP 0.08%UK POUND STERLING 0.03%SWEDISH KRONA 0.01%EUROPEAN CURRENCY < 0.01%INDIAN RUPEE < 0.01%JAPANESE YEN < 0.01%NORWEGIAN KRONE < 0.01%L SPOT GBP 8/01/2014 < 0.01%CANADIAN DOLLAR -0.01%599 of 635AST Portfolio Holdings

AST T. Rowe Price Natural Resources PortfolioSecurity% of PortfolioROYAL DUTCH SHELL PLC-ADR 3.30%PIONEER NATURAL RESOURCES C 3.25%EXXON MOBIL CORP 2.70%CONCHO RESOURCES INC 2.64%NISOURCE INC 2.31%ANADARKO PETROLEUM CORP 2.28%APACHE CORP 2.26%CIMAREX ENERGY CO 2.26%EQT CORP 2.06%ENI SPA 2.06%SCHLUMBERGER LTD 1.90%AIRGAS INC 1.87%RANGE RESOURCES CORP 1.85%MARTIN MARIETTA MATERIALS 1.75%SOUTHERN COPPER CORP 1.64%ECOLAB INC 1.60%PHILLIPS 66 1.57%FLOWSERVE CORP 1.56%BHP BILLITON LTD 1.55%HESS CORP 1.52%SM ENERGY CO 1.50%HALLIBURTON CO 1.43%OASIS PETROLEUM INC 1.43%CELANESE CORP-SERIES A 1.38%RPM INTERNATIONAL INC 1.32%WEYERHAEUSER CO 1.31%PRAXAIR INC 1.15%CHEVRON CORP 1.14%PETRA DIAMONDS LTD 1.10%EOG RESOURCES INC 1.07%FORTESCUE METALS GROUP LTD 1.06%ATHLON ENERGY INC 1.06%AMEC PLC 1.00%FRANCO-NEVADA CORP 0.99%INTERNATIONAL PAPER CO 0.96%DIAMONDBACK ENERGY INC 0.92%MOSAIC CO/THE 0.92%SANTOS LTD 0.90%CONTINENTAL RESOURCES INC/O 0.88%BABCOCK & WILCOX CO/THE 0.87%WPX ENERGY INC 0.84%P G & E CORP 0.84%CANADIAN NATURAL RESOURCES 0.81%UNITED STATES STEEL CORP 0.80%BUNGE LTD 0.80%CAMERON INTERNATIONAL CORP 0.79%PRUDENTIAL CORE INVESTMENT 0.79%NATIONAL OILWELL VARCO INC 0.78%QUANTA SERVICES INC 0.73%AMERICAN ELECTRIC POWER 0.72%VICTREX PLC 0.71%SPECTRA ENERGY CORP 0.70%NRG ENERGY INC 0.70%CHESAPEAKE ENERGY CORP 0.70%Security% of PortfolioEXTERRAN HOLDINGS INC 0.66%MONSANTO CO 0.62%XYLEM INC 0.62%TALISMAN ENERGY INC 0.62%POTASH CORP OF SASKATCHEWAN 0.62%JACOBS ENGINEERING GROUP IN 0.62%NATIONAL GRID PLC 0.61%SHERWIN-WILLIAMS CO/THE 0.60%BERRY PLASTICS GROUP INC 0.60%BALL CORP 0.59%NUVISTA ENERGY LTD 0.58%US SILICA HOLDINGS INC 0.58%INFRAESTRUCTURA ENERGETICA 0.57%FRESNILLO PLC 0.56%PREMIER OIL PLC 0.55%HOLCIM LTD-REG 0.54%VULCAN MATERIALS CO 0.54%ENTERGY CORP 0.54%RANDGOLD RESOURCES LTD 0.51%WORTHINGTON INDUSTRIES 0.51%CORE LABORATORIES N.V. 0.47%MATADOR RESOURCES CO 0.47%MEADWESTVACO CORP 0.46%CONSTELLIUM NV- CLASS A 0.44%AIR PRODUCTS & CHEMICALS IN 0.43%EAGLE MATERIALS INC 0.42%OPHIR ENERGY PLC 0.42%HELIX ENERGY SOLUTIONS GROU 0.41%SALAMANDER ENERGY PLC 0.41%PARSLEY ENERGY INC-CLASS A 0.41%JSC MMC NORILSK NICK 0.40%HARSCO CORP 0.39%ILUKA RESOURCES LTD 0.39%SILVER WHEATON CORP 0.36%PDC ENERGY INC 0.36%CLEARWATER PAPER CORP 0.35%EXELON CORP 0.35%ARC RESOURCES LTD 0.35%FIRST QUANTUM MINERALS LTD 0.33%VALMONT INDUSTRIES 0.33%ENERGY XXI BERMUDA 0.32%PNM RESOURCES INC 0.31%FLOTEK INDUSTRIES INC 0.30%GAIL INDIA LTD 0.28%WEST FRASER TIMBER CO LTD 0.28%CLOUD PEAK ENERGY INC 0.28%JOHNSON MATTHEY PLC 0.27%GENEL ENERGY PLC 0.26%CONSOL ENERGY INC 0.26%KAPSTONE PAPER AND PACKAGIN 0.25%TULLOW OIL PLC 0.25%WOOD GROUP (JOHN) PLC 0.24%VIDRALA SA 0.23%ARCELORMITTAL-NY REGISTERED 0.23%AST Portfolio Holdings600 of 635

AST T. Rowe Price Natural Resources Portfolio (continued)Security% of PortfolioCF INDUSTRIES HOLDINGS, INC 0.22%ANGLOGOLD ASHANTI LTD 0.22%INTL FLAVORS & FRAGRANCES 0.21%SCHWEITZER-MAUDUIT INTL INC 0.16%WARTSILA OYJ ABP 0.16%TESCO CORP 0.15%ECLIPSE RESOURCES CORP 0.14%COMPUTER MODELLING GROUP LT 0.14%PLATFORM SPECIALTY PRODUCTS 0.13%FIRSTENERGY CORP 0.08%UK POUND STERLING 0.03%SWEDISH KRONA 0.01%EUROPEAN CURRENCY < 0.01%INDIAN RUPEE < 0.01%JAPANESE YEN < 0.01%NORWEGIAN KRONE < 0.01%L SPOT GBP 8/01/2014 < 0.01%CANADIAN DOLLAR -0.01%601 of 635AST Portfolio Holdings

AST Templeton Global Bond PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 20.12%BANK NEGARA NOTE 3/05/2015 8.46%KOREA MSB 4/02/2015 5.95%KOREA TRSY BD 12/10/2015 5.94%POLAND GOVT BOND 10/25/2016 4.16%IRISH GOVT 3/13/2025 3.70%IRISH GOVT 10/18/2020 3.54%POLAND GOVT BOND 4/25/2015 3.54%MAS BILLS 8/01/2014 3.35%CANADA-GOV'T 2/01/2015 2.78%SWEDISH GOVRNMNT 8/12/2015 2.61%HUNGARY 2/21/2023 2.15%BANK NEGARA NOTE 4/28/2015 1.96%UKRAINE GOVT 11/28/2022 1.81%UKRAINE GOVT 4/17/2023 1.72%MEXICAN BONOS 12/17/2015 1.67%KOREA TRSY BD 6/10/2016 1.67%HGB-EXCH 12/22/2016 1.42%SWEDISH T-BILL 9/17/2014 1.24%HUNGARY GOVT 2/12/2015 1.20%MEXICAN BONOS 6/18/2015 1.10%INDONESIA GOV'T 5/15/2022 0.99%PORTUGAL (REP) 10/15/2024 0.96%SERBIA REPUBLIC 2/25/2020 0.87%MEXICAN BONOS 12/15/2016 0.85%UKRAINE GOVT 7/24/2017 0.77%SWEDISH T-BILL 8/20/2014 0.74%BRAZIL-LTN 1/01/2017 0.66%BRAZIL NTN-B 8/15/2022 0.66%SLOVENIA 5/10/2023 0.65%KOREA MSB 6/02/2016 0.65%SERBIA REPUBLIC 9/28/2021 0.63%SLOVENIA 10/26/2022 0.55%ICELAND (REP OF) 5/11/2022 0.53%BRAZIL-LTN 7/01/2016 0.49%MEXICAN UDIBONOS 12/10/2020 0.49%BRAZIL NTN-F 1/01/2017 0.47%BRAZIL NTN-F 1/01/2023 0.46%BRAZIL-LTN 1/01/2016 0.41%BRAZIL NTN-F 1/01/2019 0.38%HUNGARY GOVT 12/20/2018 0.37%SINGAPORE DOLLAR 0.36%BRAZIL-LTN 1/01/2018 0.36%MAS BILLS 11/25/2014 0.35%S FRWD EUR 5/11/2015 0.34%POLAND ZLOTY 0.33%MAS BILLS 8/19/2014 0.32%BANK NEGARA NOTE 5/19/2015 0.30%KOREA MSB 2/02/2015 0.29%HUNGARY GOVT 11/24/2017 0.29%CANADA-GOV'T 6/01/2015 0.29%KOREA TRSY BD 3/10/2015 0.27%BRAZIL NTN-B 8/15/2020 0.25%POLAND GOVT BOND 7/25/2016 0.23%Security% of PortfolioMAS BILLS 8/15/2014 0.23%MALAYSIA GOVT 9/30/2015 0.21%SWEDISH KRONA 0.20%S CROS EUR 8/12/2014 0.17%MALAYSIA GOVT 8/12/2015 0.17%MEXICAN CETES 4/01/2015 0.17%ICELAND (REP OF) 5/11/2022 0.16%BRAZIL NTN-F 1/01/2021 0.16%KOREAN WON 0.15%BRAZIL NTN-B 5/15/2015 0.15%BRAZIL NTN-B 8/15/2018 0.15%MEXICAN CETES 12/11/2014 0.14%HUNGARY GOVT 4/25/2018 0.14%BRAZIL NTN-B 8/15/2050 0.10%POLAND GOVT BOND 4/25/2015 0.09%BANK NEGARA NOTE 6/16/2015 0.09%S FRWD JPY 1 2/10/2015 0.09%KOREA TRSY BD 9/10/2015 0.08%BANK NEGARA NOTE 10/28/2014 0.08%BRAZILIAN REAL 0.08%S FRWD EUR 2/10/2015 0.07%MEXICAN CETES 5/28/2015 0.07%MEXICAN BONOS 12/18/2014 0.07%MEXICAN CETES 12/24/2014 0.07%BANK NEGARA NOTE 5/05/2015 0.06%BANK NEGARA NOTE 6/30/2015 0.06%S CROS EUR 5/15/2015 0.06%POLAND GOVT BOND 4/25/2017 0.06%S CROS EUR 5/11/2015 0.05%MEXICAN CETES 9/18/2014 0.04%S CROS EUR 2/23/2015 0.04%S FRWD JPY 1 6/03/2015 0.04%BANK NEGARA NOTE 6/03/2015 0.04%MALAYSIA RINGGIT 0.04%MALAYSIA GOVT 2/27/2015 0.03%MALAYSIA GOVT 8/15/2014 0.03%PORTUGUESE OT'S 2/15/2024 0.03%INDONESIAN RUPIAH 0.03%BANK NEGARA NOTE 4/16/2015 0.03%S CROS SEK 8/12/2014 0.02%S FRWD EUR 1/30/2015 0.02%S FRWD EUR 7/01/2015 0.02%HUNGARY GOVT 6/24/2019 0.01%BRAZIL-LTN 1/01/2015 0.01%INDONESIA GOV'T 7/15/2021 0.01%S FRWD EUR 7/16/2015 0.01%PORTUGUESE OT'S 10/25/2023 0.01%S CROS SEK 8/12/2014 0.01%MALAYSIA GOVT 10/15/2015 0.01%CANADIAN DOLLAR 0.01%MEXICAN BONOS 6/16/2016 0.01%CANADA-GOV'T 8/01/2014 0.01%S FRWD EUR 7/10/2015 0.01%S FRWD EUR 2/03/2015 0.01%AST Portfolio Holdings602 of 635

AST Templeton Global Bond Portfolio (continued)Security% of PortfolioS FRWD JPY 1 2/06/2015 0.01%S FRWD JPY 1 2/06/2015 0.01%S FRWD JPY 1 2/09/2015 0.01%S FRWD EUR 5/12/2015 0.01%S FRWD JPY 1 6/04/2015 0.01%S FRWD JPY 1 2/09/2015 0.01%S FRWD JPY 1 5/19/2015 0.01%INDONESIA GOV'T 11/15/2020 0.01%HUNGARY GOVT 6/24/2025 0.01%S FRWD JPY 1 5/19/2015 0.01%L FRWD MYR 5/11/2015 0.01%S FRWD JPY 1 5/19/2015 < 0.01%S FRWD JPY 1 5/18/2015 < 0.01%S FRWD JPY 1 5/19/2015 < 0.01%CANADA T-BILL 9/11/2014 < 0.01%L FRWD IND 8/13/2014 < 0.01%L FRWD PHP 6/26/2015 < 0.01%L FRWD MYR 2/23/2015 < 0.01%S FRWD JPY 1 7/24/2015 < 0.01%L FRWD MYR 6/22/2015 < 0.01%S FRWD JPY 1 6/22/2015 < 0.01%S FRWD JPY 1 7/24/2015 < 0.01%UK POUND STERLING < 0.01%S FRWD EUR 11/17/2014 < 0.01%L FRWD MXP 3/24/2015 < 0.01%S FRWD JPY 1 6/10/2015 < 0.01%S FRWD JPY 1 7/27/2015 < 0.01%CANADA T-BILL 8/14/2014 < 0.01%S FRWD JPY 1 6/09/2015 < 0.01%S FRWD JPY 1 6/10/2015 < 0.01%S FRWD JPY 1 3/09/2015 < 0.01%S FRWD EUR 7/27/2015 < 0.01%S FRWD JPY 1 6/11/2015 < 0.01%L FRWD PHP 6/25/2015 < 0.01%S FRWD JPY 1 6/17/2015 < 0.01%S FRWD EUR 7/27/2015 < 0.01%HUNGARIAN FORINT < 0.01%S FRWD JPY 1 6/09/2015 < 0.01%L FRWD PHP 9/25/2014 < 0.01%S FRWD JPY 1 12/22/2014 < 0.01%EUROPEAN CURRENCY < 0.01%L FRWD MXP 3/17/2015 < 0.01%S FRWD JPY 1 6/10/2015 < 0.01%S FRWD JPY 1 6/10/2015 < 0.01%L FRWD MXP 1/12/2015 < 0.01%S FRWD JPY 1 6/11/2015 < 0.01%L FRWD PHP 6/29/2015 < 0.01%L FRWD MXP 3/24/2015 < 0.01%L FRWD KOR 1,0 7/21/2015 < 0.01%L FRWD PHP 12/29/2014 < 0.01%S FRWD JPY 1 12/22/2014 < 0.01%MEXICAN PESO < 0.01%L FRWD MXP 12/18/2014 < 0.01%L FRWD SGD 5/14/2015 < 0.01%Security% of PortfolioL FRWD MXP 3/13/2015 < 0.01%L FRWD SGD 5/11/2015 < 0.01%L FRWD MXP 6/22/2015 < 0.01%L FRWD MXP 12/16/2014 < 0.01%L FRWD CLP 5 5/12/2015 < 0.01%L FRWD MXP 6/15/2015 < 0.01%S FRWD JPY 1 1/08/2015 < 0.01%S FRWD JPY 1 12/26/2014 < 0.01%S FRWD JPY 1 12/26/2014 < 0.01%L FRWD MXP 6/08/2015 < 0.01%S FRWD JPY 1 12/26/2014 < 0.01%L FRWD MXP 6/09/2015 < 0.01%L FRWD MXP 6/12/2015 < 0.01%L FRWD MXP 7/10/2015 < 0.01%S FRWD JPY 1 1/15/2015 < 0.01%IRS PAY FIXED 2.7305% 7/07/2024 < 0.01%S FRWD JPY 1 1/15/2015 < 0.01%L CROS EUR 8/12/2014 -0.01%L FRWD MXP 5/11/2015 -0.01%L FRWD IND 8/13/2014 -0.02%S FRWD JPY 1 10/07/2014 -0.02%L CROS EUR 8/12/2014 -0.02%L FRWD MXP 5/19/2015 -0.03%S FRWD EUR 11/12/2014 -0.03%IRS PAY FIXED 2.7875% 3/31/2024 -0.03%L CROS HUF 2 2/23/2015 -0.03%IRS PAY FIXED 3.4885% 3/31/2044 -0.05%L CROS PLZ 5/15/2015 -0.05%L CROS HUF 2 5/11/2015 -0.07%L CROS SEK 8/12/2014 -0.27%AST Portfolio Holdings603 of 635

AST Templeton Global Bond PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 20.12%BANK NEGARA NOTE 3/05/2015 8.46%KOREA MSB 4/02/2015 5.95%KOREA TRSY BD 12/10/2015 5.94%POLAND GOVT BOND 10/25/2016 4.16%IRISH GOVT 3/13/2025 3.70%IRISH GOVT 10/18/2020 3.54%POLAND GOVT BOND 4/25/2015 3.54%MAS BILLS 8/01/2014 3.35%CANADA-GOV'T 2/01/2015 2.78%SWEDISH GOVRNMNT 8/12/2015 2.61%HUNGARY 2/21/2023 2.15%BANK NEGARA NOTE 4/28/2015 1.96%UKRAINE GOVT 11/28/2022 1.81%UKRAINE GOVT 4/17/2023 1.72%MEXICAN BONOS 12/17/2015 1.67%KOREA TRSY BD 6/10/2016 1.67%HGB-EXCH 12/22/2016 1.42%SWEDISH T-BILL 9/17/2014 1.24%HUNGARY GOVT 2/12/2015 1.20%MEXICAN BONOS 6/18/2015 1.10%INDONESIA GOV'T 5/15/2022 0.99%PORTUGAL (REP) 10/15/2024 0.96%SERBIA REPUBLIC 2/25/2020 0.87%MEXICAN BONOS 12/15/2016 0.85%UKRAINE GOVT 7/24/2017 0.77%SWEDISH T-BILL 8/20/2014 0.74%BRAZIL-LTN 1/01/2017 0.66%BRAZIL NTN-B 8/15/2022 0.66%SLOVENIA 5/10/2023 0.65%KOREA MSB 6/02/2016 0.65%SERBIA REPUBLIC 9/28/2021 0.63%SLOVENIA 10/26/2022 0.55%ICELAND (REP OF) 5/11/2022 0.53%BRAZIL-LTN 7/01/2016 0.49%MEXICAN UDIBONOS 12/10/2020 0.49%BRAZIL NTN-F 1/01/2017 0.47%BRAZIL NTN-F 1/01/2023 0.46%BRAZIL-LTN 1/01/2016 0.41%BRAZIL NTN-F 1/01/2019 0.38%HUNGARY GOVT 12/20/2018 0.37%SINGAPORE DOLLAR 0.36%BRAZIL-LTN 1/01/2018 0.36%MAS BILLS 11/25/2014 0.35%S FRWD EUR 5/11/2015 0.34%POLAND ZLOTY 0.33%MAS BILLS 8/19/2014 0.32%BANK NEGARA NOTE 5/19/2015 0.30%KOREA MSB 2/02/2015 0.29%HUNGARY GOVT 11/24/2017 0.29%CANADA-GOV'T 6/01/2015 0.29%KOREA TRSY BD 3/10/2015 0.27%BRAZIL NTN-B 8/15/2020 0.25%POLAND GOVT BOND 7/25/2016 0.23%Security% of PortfolioMAS BILLS 8/15/2014 0.23%MALAYSIA GOVT 9/30/2015 0.21%SWEDISH KRONA 0.20%S CROS EUR 8/12/2014 0.17%MALAYSIA GOVT 8/12/2015 0.17%MEXICAN CETES 4/01/2015 0.17%ICELAND (REP OF) 5/11/2022 0.16%BRAZIL NTN-F 1/01/2021 0.16%KOREAN WON 0.15%BRAZIL NTN-B 5/15/2015 0.15%BRAZIL NTN-B 8/15/2018 0.15%MEXICAN CETES 12/11/2014 0.14%HUNGARY GOVT 4/25/2018 0.14%BRAZIL NTN-B 8/15/2050 0.10%POLAND GOVT BOND 4/25/2015 0.09%BANK NEGARA NOTE 6/16/2015 0.09%S FRWD JPY 1 2/10/2015 0.09%KOREA TRSY BD 9/10/2015 0.08%BANK NEGARA NOTE 10/28/2014 0.08%BRAZILIAN REAL 0.08%S FRWD EUR 2/10/2015 0.07%MEXICAN CETES 5/28/2015 0.07%MEXICAN BONOS 12/18/2014 0.07%MEXICAN CETES 12/24/2014 0.07%BANK NEGARA NOTE 5/05/2015 0.06%BANK NEGARA NOTE 6/30/2015 0.06%S CROS EUR 5/15/2015 0.06%POLAND GOVT BOND 4/25/2017 0.06%S CROS EUR 5/11/2015 0.05%MEXICAN CETES 9/18/2014 0.04%S CROS EUR 2/23/2015 0.04%S FRWD JPY 1 6/03/2015 0.04%BANK NEGARA NOTE 6/03/2015 0.04%MALAYSIA RINGGIT 0.04%MALAYSIA GOVT 2/27/2015 0.03%MALAYSIA GOVT 8/15/2014 0.03%PORTUGUESE OT'S 2/15/2024 0.03%INDONESIAN RUPIAH 0.03%BANK NEGARA NOTE 4/16/2015 0.03%S CROS SEK 8/12/2014 0.02%S FRWD EUR 1/30/2015 0.02%S FRWD EUR 7/01/2015 0.02%HUNGARY GOVT 6/24/2019 0.01%BRAZIL-LTN 1/01/2015 0.01%INDONESIA GOV'T 7/15/2021 0.01%S FRWD EUR 7/16/2015 0.01%PORTUGUESE OT'S 10/25/2023 0.01%S CROS SEK 8/12/2014 0.01%MALAYSIA GOVT 10/15/2015 0.01%CANADIAN DOLLAR 0.01%MEXICAN BONOS 6/16/2016 0.01%CANADA-GOV'T 8/01/2014 0.01%S FRWD EUR 7/10/2015 0.01%S FRWD EUR 2/03/2015 0.01%AST Portfolio Holdings604 of 635

AST Templeton Global Bond Portfolio (continued)Security% of PortfolioS FRWD JPY 1 2/06/2015 0.01%S FRWD JPY 1 2/06/2015 0.01%S FRWD JPY 1 2/09/2015 0.01%S FRWD EUR 5/12/2015 0.01%S FRWD JPY 1 6/04/2015 0.01%S FRWD JPY 1 2/09/2015 0.01%S FRWD JPY 1 5/19/2015 0.01%INDONESIA GOV'T 11/15/2020 0.01%HUNGARY GOVT 6/24/2025 0.01%S FRWD JPY 1 5/19/2015 0.01%L FRWD MYR 5/11/2015 0.01%S FRWD JPY 1 5/19/2015 < 0.01%S FRWD JPY 1 5/18/2015 < 0.01%S FRWD JPY 1 5/19/2015 < 0.01%CANADA T-BILL 9/11/2014 < 0.01%L FRWD IND 8/13/2014 < 0.01%L FRWD PHP 6/26/2015 < 0.01%L FRWD MYR 2/23/2015 < 0.01%S FRWD JPY 1 7/24/2015 < 0.01%L FRWD MYR 6/22/2015 < 0.01%S FRWD JPY 1 6/22/2015 < 0.01%S FRWD JPY 1 7/24/2015 < 0.01%UK POUND STERLING < 0.01%S FRWD EUR 11/17/2014 < 0.01%L FRWD MXP 3/24/2015 < 0.01%S FRWD JPY 1 6/10/2015 < 0.01%S FRWD JPY 1 7/27/2015 < 0.01%CANADA T-BILL 8/14/2014 < 0.01%S FRWD JPY 1 6/09/2015 < 0.01%S FRWD JPY 1 6/10/2015 < 0.01%S FRWD JPY 1 3/09/2015 < 0.01%S FRWD EUR 7/27/2015 < 0.01%S FRWD JPY 1 6/11/2015 < 0.01%L FRWD PHP 6/25/2015 < 0.01%S FRWD JPY 1 6/17/2015 < 0.01%S FRWD EUR 7/27/2015 < 0.01%HUNGARIAN FORINT < 0.01%S FRWD JPY 1 6/09/2015 < 0.01%L FRWD PHP 9/25/2014 < 0.01%S FRWD JPY 1 12/22/2014 < 0.01%EUROPEAN CURRENCY < 0.01%L FRWD MXP 3/17/2015 < 0.01%S FRWD JPY 1 6/10/2015 < 0.01%S FRWD JPY 1 6/10/2015 < 0.01%L FRWD MXP 1/12/2015 < 0.01%S FRWD JPY 1 6/11/2015 < 0.01%L FRWD PHP 6/29/2015 < 0.01%L FRWD MXP 3/24/2015 < 0.01%L FRWD KOR 1,0 7/21/2015 < 0.01%L FRWD PHP 12/29/2014 < 0.01%S FRWD JPY 1 12/22/2014 < 0.01%MEXICAN PESO < 0.01%L FRWD MXP 12/18/2014 < 0.01%L FRWD SGD 5/14/2015 < 0.01%Security% of PortfolioL FRWD MXP 3/13/2015 < 0.01%L FRWD SGD 5/11/2015 < 0.01%L FRWD MXP 6/22/2015 < 0.01%L FRWD MXP 12/16/2014 < 0.01%L FRWD CLP 5 5/12/2015 < 0.01%L FRWD MXP 6/15/2015 < 0.01%S FRWD JPY 1 1/08/2015 < 0.01%S FRWD JPY 1 12/26/2014 < 0.01%S FRWD JPY 1 12/26/2014 < 0.01%L FRWD MXP 6/08/2015 < 0.01%S FRWD JPY 1 12/26/2014 < 0.01%L FRWD MXP 6/09/2015 < 0.01%L FRWD MXP 6/12/2015 < 0.01%L FRWD MXP 7/10/2015 < 0.01%S FRWD JPY 1 1/15/2015 < 0.01%IRS PAY FIXED 2.7305% 7/07/2024 < 0.01%S FRWD JPY 1 1/15/2015 < 0.01%L CROS EUR 8/12/2014 -0.01%L FRWD MXP 5/11/2015 -0.01%L FRWD IND 8/13/2014 -0.02%S FRWD JPY 1 10/07/2014 -0.02%L CROS EUR 8/12/2014 -0.02%L FRWD MXP 5/19/2015 -0.03%S FRWD EUR 11/12/2014 -0.03%IRS PAY FIXED 2.7875% 3/31/2024 -0.03%L CROS HUF 2 2/23/2015 -0.03%IRS PAY FIXED 3.4885% 3/31/2044 -0.05%L CROS PLZ 5/15/2015 -0.05%L CROS HUF 2 5/11/2015 -0.07%L CROS SEK 8/12/2014 -0.27%AST Portfolio Holdings605 of 635

AST Wellington Management Hedged Equity PortfolioSecurity% of PortfolioPRUDENTIAL CORE INVESTMENT 10.50%S&P 500 INDEX 1900.00 12/20/2014 1.69%MICROSOFT CORP 1.47%BRISTOL-MYERS SQUIBB CO 1.46%PNC FINANCIAL SERVICES GROU 1.35%MERCK & CO. INC. 1.27%BLACKROCK INC 1.25%ROCHE HOLDING AG-GENUSSCHEI 1.24%CISCO SYSTEMS INC 1.21%S&P 500 INDEX 1675.0 6/29/2015 1.20%ADVANCE AUTO PARTS INC 1.13%MARSH & MCLENNAN COS 1.11%UGI CORP 1.08%ACE LTD 1.00%WELLS FARGO & CO 1.00%SPDR S&P 500 ETF TRUST 0.93%JOHNSON & JOHNSON 0.92%JPMORGAN CHASE & CO 0.87%ISHARES MSCI EAFE ETF 0.84%LOWE'S COS INC 0.84%UNITED PARCEL SERVICE-CL B 0.84%ACCENTURE PLC-CL A 0.84%BG GROUP PLC 0.82%CHEVRON CORP 0.81%MCDONALD'S CORP 0.76%INTEL CORP 0.71%ORACLE CORP 0.70%EATON CORP PLC 0.69%APPLE INC 0.65%FAIRFAX FINANCIAL HLDGS LTD 0.65%TJX COMPANIES INC 0.65%UNITEDHEALTH GROUP INC 0.63%MAXIM INTEGRATED PRODUCTS 0.61%KRAFT FOODS GROUP INC 0.61%DIAGEO PLC 0.60%M & T BANK CORP 0.60%LOCKHEED MARTIN CORP 0.60%HOME DEPOT INC 0.59%NVR INC 0.57%PRAXAIR INC 0.56%MARKEL CORP 0.54%EXXON MOBIL CORP 0.54%CRANSWICK PLC 0.53%ANHEUSER-BUSCH INBEV SPN AD 0.53%AUTOMATIC DATA PROCESSING 0.52%NORTHROP GRUMMAN CORP 0.52%CARDINAL HEALTH INC 0.52%UNITED TECHNOLOGIES CORP 0.51%SUNCOR ENERGY INC 0.50%MATTEL INC 0.47%ALLISON TRANSMISSION HOLDIN 0.46%LENNOX INTERNATIONAL INC 0.46%VERIZON COMMUNICATIONS INC 0.45%HARLEY-DAVIDSON INC 0.45%Security% of PortfolioIRISH CONTL GRP 0.45%MEDTRONIC INC 0.44%CLEAN HARBORS INC 0.44%GRAPHIC PACKAGING HOLDING C 0.42%METLIFE INC 0.42%MSC INDUSTRIAL DIRECT CO-A 0.41%BALL CORP 0.41%ASTRAZENECA PLC 0.40%NATIONAL GRID PLC 0.40%PACCAR INC 0.39%MITSUBISHI UFJ FINANCIAL GR 0.39%NIPPON TELEGRAPH & TELEPHON 0.39%MOTOROLA SOLUTIONS INC 0.38%TELENOR ASA 0.38%SYMANTEC CORP 0.38%ANADARKO PETROLEUM CORP 0.38%POWER ASSETS HOLDINGS LTD 0.37%DOW CHEMICAL CO/THE 0.37%ALLEGHANY CORP 0.36%DAITO TRUST CONSTRUCT CO LT 0.36%EUROBANK PROPERTIES REAL ES 0.35%FIDELITY NATIONAL INFORMATI 0.35%WPP PLC 0.34%SEI INVESTMENTS COMPANY 0.33%EMC CORP/MA 0.32%GUANGDONG INVESTMENT LTD 0.32%MOLSON COORS BREWING CO -B 0.32%WHITE MOUNTAINS INSURANCE G 0.32%ACTIVISION BLIZZARD INC 0.31%CETIP SA-MERCADOS ORGANIZAD 0.31%CUBIC CORP 0.31%LABORATORY CRP OF AMER HLDG 0.31%UNILEVER N V -NY SHARES 0.30%BELDEN INC 0.30%3M CO 0.30%KAPSTONE PAPER AND PACKAGIN 0.29%JACOBS ENGINEERING GROUP IN 0.28%WASTE CONNECTIONS INC 0.28%AKZO NOBEL 0.28%AUTOZONE INC 0.28%DIAGEO PLC-SPONSORED ADR 0.28%FACEBOOK INC-A 0.27%CITIGROUP INC 0.27%PALL CORP 0.26%OCCIDENTAL PETROLEUM CORP 0.26%TSURUHA HOLDINGS INC 0.26%GREENCORE GROUP PLC 0.26%KDDI CORP 0.25%GOOGLE INC-CL C 0.25%SCHNEIDER ELECTRIC SE 0.25%HALLIBURTON CO 0.25%VIDRALA SA 0.25%FACTSET RESEARCH SYSTEMS IN 0.25%AMERICAN INTERNATIONAL GROU 0.25%AST Portfolio Holdings606 of 635

AST Wellington Management Hedged Equity Portfolio (continued)Security% of PortfolioSIEMENS AG-REG 0.25%PRICELINE GROUP INC/THE 0.24%BERKSHIRE HATHAWAY INC-CL B 0.24%SOUTHWESTERN ENERGY CO 0.24%HERSHEY CO/THE 0.24%ACKERMANS & VAN HAAREN 0.24%HYUNDAI MOTOR CO 0.24%PULTEGROUP INC 0.23%SYNERGY HEALTH PLC 0.23%ACTAVIS PLC 0.23%PROSIEBEN SAT.1 MEDIA AG-RE 0.23%MARVELL TECHNOLOGY GROUP LT 0.22%DISH NETWORK CORP-A 0.22%DIRECTV 0.22%BRITISH AMERICAN TOBACCO PL 0.22%BOK FINANCIAL CORPORATION 0.21%PVH CORP 0.21%PHILIP MORRIS INTERNATIONAL 0.21%EXPERIAN PLC 0.21%IDEX CORP 0.21%LIBERTY INTERACTIVE CORP-A 0.20%CANADIAN NATL RAILWAY CO 0.20%CATO CORP-CLASS A 0.20%ANALOG DEVICES INC 0.20%DELTA LLOYD NV 0.20%AMAZON.COM INC 0.20%CHARLES RIVER LABORATORIES 0.19%UNITED CONTINENTAL HOLDINGS 0.19%NXP SEMICONDUCTORS NV 0.19%IAC/INTERACTIVECORP 0.19%PIONEER NATURAL RESOURCES C 0.19%FISERV INC 0.18%DONGFENG MOTOR GRP CO LTD-H 0.18%EQUITY LIFESTYLE PROPERTIES 0.18%PACKAGING CORP OF AMERICA 0.18%HSN INC 0.18%KENNEDY WILSON EUROPE REA 0.18%KEURIG GREEN MOUNTAIN INC 0.17%SHERWIN-WILLIAMS CO/THE 0.17%JULIUS BAER GROUP LTD 0.17%VERINT SYSTEMS INC 0.17%INTERNATIONAL PAPER CO 0.17%COMPAGNIE DE SAINT-GOBAIN 0.17%COMVERSE INC 0.17%UNITED STATIONERS INC 0.17%GILEAD SCIENCES INC 0.17%KINGFISHER PLC 0.16%ANHEUSER-BUSCH INBEV NV 0.16%TOTAL PRODUCE 0.16%ICU MEDICAL INC 0.16%KROTON EDUCACIONAL SA 0.16%MUELLER INDUSTRIES INC 0.16%CARLISLE COS INC 0.16%ALBANY INTL CORP-CL A 0.16%Security% of PortfolioSCORPIO TANKERS 0.16%SILGAN HOLDINGS INC 0.16%ZURICH INSURANCE GROUP AG 0.15%REINSURANCE GROUP OF AMERIC 0.15%MASCO CORP 0.15%FIRST REPUBLIC BANK/CA 0.15%NETFLIX INC 0.15%AUTODESK INC 0.15%UCB SA 0.15%XCEL ENERGY INC 0.15%RESTORATION HARDWARE HOLDIN 0.15%PRIMERICA INC 0.14%MOODY'S CORP 0.14%GATX CORP 0.14%VERTEX PHARMACEUTICALS INC 0.14%DIAMONDBACK ENERGY INC 0.14%G & K SERVICES INC -CL A 0.14%MATTHEWS INTL CORP-CLASS A 0.14%ACCO BRANDS CORP 0.14%CONCUR TECHNOLOGIES INC 0.14%INTERNATIONAL BANCSHARES CR 0.14%UBS AG-REG 0.13%ASCENA RETAIL GROUP INC 0.13%ICON PLC 0.13%WEBSTER FINANCIAL CORP 0.13%PANERA BREAD COMPANY-CLASS 0.13%TIFFANY & CO 0.13%STARBUCKS CORP 0.13%BANK OF IRELAND 0.13%ELI LILLY & CO 0.13%IHS INC-CLASS A 0.12%F5 NETWORKS INC 0.12%CRH PLC 0.12%FORRESTER RESEARCH INC 0.12%RIO TINTO PLC 0.12%HOME INNS & HOTELS MANAG-AD 0.12%FRED'S INC-CLASS A 0.12%C&C GROUP PLC 0.12%DELTIC TIMBER CORP 0.12%FIRST MIDWEST BANCORP INC/I 0.12%INTIME RETAIL GROUP CO LTD 0.12%CADENCE DESIGN SYS INC 0.12%APPLIED MATERIALS INC 0.11%STAGE STORES INC 0.11%DIEBOLD INC 0.11%WHIRLPOOL CORP 0.11%SALIX PHARMACEUTICALS LTD 0.11%REALOGY HOLDINGS CORP 0.11%DEXCOM INC 0.11%AMERCO 0.11%WOLTERS KLUWER 0.11%HYUNDAI HOME SHOPPING NETWO 0.11%SPIRIT AIRLINES INC 0.11%SENSIENT TECHNOLOGIES CORP 0.11%AST Portfolio Holdings607 of 635

AST Wellington Management Hedged Equity Portfolio (continued)Security% of PortfolioBRILLIANCE CHINA AUTOMOTIVE 0.11%NORTHWEST BANCSHARES INC 0.11%COGNEX CORP 0.11%CST BRANDS INC 0.10%AMSURG CORP 0.10%EFG INTERNATIONAL AG 0.10%MB FINANCIAL INC 0.10%BEST BUY CO INC 0.10%KOPPERS HOLDINGS INC 0.10%CASEY'S GENERAL STORES INC 0.10%INTERCONTINENTAL EXCHANGE I 0.10%STERIS CORP 0.10%NEW ORIENTAL EDUCATIO-SP AD 0.10%REGENERON PHARMACEUTICALS 0.10%HELEN OF TROY LTD 0.10%SCANSOURCE INC 0.10%ERA GROUP INC 0.10%FORTESCUE METALS GROUP LTD 0.10%JUNIPER NETWORKS INC 0.10%ERSTE GROUP BANK AG 0.10%MID-AMERICA APARTMENT COMM 0.10%ALLSCRIPTS HEALTHCARE SOLUT 0.10%AMGEN INC 0.10%GROUPE EUROTUNNEL SA - REGR 0.10%AMBEV SA-SPN ADR 0.09%FTI CONSULTING INC 0.09%ESCO TECHNOLOGIES INC 0.09%CORRECTIONS CORP 0.09%HD SUPPLY HOLDINGS INC 0.09%SEACOR HOLDINGS INC 0.09%QINETIQ GROUP PLC 0.09%MANPOWERGROUP INC 0.09%GREIF INC-CL A 0.09%PALO ALTO NETWORKS INC 0.09%AKAMAI TECHNOLOGIES INC 0.09%CERNER CORP 0.09%BARCLAYS PLC 0.09%EDUCATION REALTY TRUST INC 0.09%ARES CAPITAL CORP 0.09%ACUITY BRANDS INC 0.09%TEXTRON INC 0.09%PETROCHINA CO LTD-H 0.09%HARMAN INTERNATIONAL 0.09%DAIICHI SANKYO CO LTD 0.09%RENT-A-CENTER INC 0.09%ENERGEN CORP 0.09%CROWN HOLDINGS INC 0.09%TEAM HEALTH HOLDINGS INC 0.09%KANSAS CITY SOUTHERN 0.09%DANAHER CORP 0.09%COVANCE INC 0.08%ARMSTRONG WORLD INDUSTRIES 0.08%HAEMONETICS CORP/MASS 0.08%SOLAR CAPITAL LTD 0.08%Security% of PortfolioSALESFORCE.COM INC 0.08%HEARTWARE INTERNATIONAL INC 0.08%STARWOOD HOTELS & RESORTS 0.08%YELP INC 0.08%CROCS INC 0.08%SUMMIT HOTEL PROPERTIES INC 0.08%SAFRAN SA 0.08%POST HOLDINGS INC 0.08%MEDASSETS INC 0.08%HUABAO INTERNATIONAL HOLDIN 0.08%WALGREEN CO 0.08%LT GROUP INC 0.08%SANDISK CORP 0.08%BUFFALO WILD WINGS INC 0.08%GROUPON INC 0.08%VALLOUREC 0.08%OWENS CORNING 0.08%CHIPOTLE MEXICAN GRILL INC 0.08%INNOSPEC INC 0.08%NETEASE INC-ADR 0.08%LACLEDE GROUP INC/THE 0.08%STANDARD CHARTERED PLC 0.08%BARRICK GOLD CORP 0.07%BLOOMIN' BRANDS INC 0.07%MICREL INC 0.07%TENNECO INC 0.07%KITE REALTY GROUP TRUST 0.07%KONINKLIJKE KPN NV 0.07%HANCOCK HOLDING CO 0.07%WYNDHAM WORLDWIDE CORP 0.07%WGL HOLDINGS INC 0.07%TOSHIBA CORP 0.07%STEELCASE INC-CL A 0.07%DIAMONDROCK HOSPITALITY CO 0.07%COHERENT INC 0.07%UTI WORLDWIDE INC 0.07%NTPC LTD 0.07%ROSS STORES INC 0.07%RAKUTEN INC 0.07%SK TELECOM 0.07%ATMOS ENERGY CORP 0.07%T&D HOLDINGS INC 0.07%FIRST NIAGARA FINANCIAL GRP 0.07%WHITING PETROLEUM CORP 0.07%EISAI CO LTD 0.07%PLATINUM UNDERWRITERS HLDGS 0.07%LEVEL 3 COMMUNICATIONS INC 0.07%HELLENIC TELECOMMUN ORGANIZ 0.07%LENNAR CORP-A 0.07%FEDEX CORP 0.07%MAXIMUS INC 0.07%APTARGROUP INC 0.07%CULLEN/FROST BANKERS INC 0.07%SPROUTS FARMERS MARKET INC 0.07%AST Portfolio Holdings608 of 635

AST Wellington Management Hedged Equity Portfolio (continued)Security% of PortfolioTYLER TECHNOLOGIES INC 0.07%ASSURED GUARANTY LTD 0.07%SMURFIT KAPPA GROUP PLC 0.07%RANGE RESOURCES CORP 0.07%LUXFER HOLDINGS PLC-ADR 0.06%PHIBRO ANIMAL HEALTH CORP-A 0.06%QUALCOMM INC 0.06%SHIONOGI & CO LTD 0.06%WESTAR ENERGY INC 0.06%TOYOTA INDUSTRIES CORP 0.06%IMAX CORP 0.06%MITSUBISHI UFJ LEASE & FINA 0.06%BAIDU INC - SPON ADR 0.06%OPAP SA 0.06%CAMECO CORP 0.06%MTS SYSTEMS CORP 0.06%CHINA RESOURCES LAND LTD 0.06%E-HOUSE CHINA HOLDINGS-ADS 0.06%VINCI SA 0.06%WESCO INTERNATIONAL INC 0.06%DIGITALGLOBE INC 0.06%CANADIAN NATURAL RESOURCES 0.06%RHEINMETALL AG 0.05%PERSIMMON PLC 0.05%ISUZU MOTORS LTD 0.05%ENN ENERGY HOLDINGS LTD 0.05%CARMAX INC 0.05%CHINA RESOURCES CEMENT 0.05%ARTISAN PARTNERS ASSET MA - 0.05%CAMPUS CREST COMMUNITIES IN 0.05%PING AN INSURANCE GROUP CO- 0.05%ASTRAZENECA PLC-SPONS ADR 0.05%SHANGHAI INDUSTRIAL HLDG LT 0.05%SNAM SPA 0.05%YAHOO JAPAN CORP 0.05%SUNEDISON INC 0.05%KIRIN HOLDINGS CO LTD 0.05%EUROBANK ERGASIAS SA 0.05%CVS CAREMARK CORP 0.05%TELECOM ITALIA SPA 0.05%ALIMENTATION COUCHE-TARD -B 0.05%NEC CORP 0.05%COBALT INTERNATIONAL ENERGY 0.05%CHINA LONGYUAN POWER GROUP- 0.04%PIRAEUS BANK S.A 0.04%ELDORADO GOLD CORP 0.04%WHITEWAVE FOODS CO 0.04%NAVA BHARAT VENTURES LIMITE 0.04%21VIANET GROUP INC-ADR 0.04%DORIAN LPG LTD 0.04%OLYMPUS CORP 0.04%NEW JERSEY RESOURCES CORP 0.04%HUADIAN FUXIN ENERGY CORP - 0.04%PLATFORM SPECIALTY PRODUCTS 0.04%Security% of PortfolioBRUNELLO CUCINELLI SPA 0.04%ZEBRA TECHNOLOGIES CORP-CL 0.04%INCYTE CORP 0.04%ATHLON ENERGY INC 0.04%COMCAST CORP-CLASS A 0.04%WPG HOLDINGS LTD 0.04%BOMBARDIER INC-B 0.03%CHINA RESOURCES GAS GROUP L 0.03%BARRICK GOLD CORP 0.03%HARMONY GOLD MINING CO LTD 0.03%MAOYE INTERNATIONAL HLDGS 0.03%KINROSS GOLD CORP 0.03%JAPAN TOBACCO INC 0.03%ELEMENT FINANCIAL CORP 0.03%CHINA DONGXIANG GROUP CO 0.03%INTEGRA LIFESCIENCES HOLDIN 0.03%KOREA ELECTRIC POWER CORP 0.03%H LUNDBECK A/S 0.02%XINGDA INT'L HOLDINGS 0.02%CHINACACHE INTERNAT-SPON AD 0.02%BRAAS MONIER BUILDING GROUP 0.02%CHINA LESSO GROUP HOLDINGS 0.02%DREAMWORKS ANIMATION SKG-A 0.02%HELLENIC FI-CW17 0.02%ELLAKTOR SA 0.02%AIRMEDIA GROUP INC-ADR 0.01%HFSF PIRAEU-CW17 0.01%SERVICENOW INC 0.01%MONNET ISPAT & ENERGY LTD 0.01%XERO LTD < 0.01%S SPOT GBP 8/04/2014 < 0.01%SWISS FRANC < 0.01%S SPOT HK 8/01/2014 < 0.01%BRAZILIAN REAL < 0.01%HONG KONG DOLLAR < 0.01%JAPANESE YEN < 0.01%UK POUND STERLING < 0.01%L SPOT HK 8/01/2014 < 0.01%S SPOT EUR 8/04/2014 < 0.01%L SPOT CHF 8/04/2014 < 0.01%EUROPEAN CURRENCY < 0.01%S&P 500 INDEX 1775.00 12/20/2014 -0.36%S&P 500 INDEX 1550.0 6/29/2015 -0.59%AST Portfolio Holdings609 of 635

AST Western Asset Core Plus Bond PortfolioSecurity% of PortfolioTYU4S US 10YR NOTE (CBT) 10/05/2014 9.48%EDM6 90DAY EURO$ FUTR 6/19/2016 6.04%EDZ5 90DAY EURO$ FUTR 12/19/2015 5.33%EDM8S FIN FUT EURO$ CME 6/23/2018 4.46%FVU4 US 5YR NOTE(CBT) 10/08/2014 4.02%PRUDENTIAL CORE INVESTMENT 3.52%US TREASURY N/B 2/15/2044 2.58%USU4S US LONG BOND(CBT) SEP 9/30/2014 2.32%FANNIE MAE 8/01/2042 2.20%US 2YR NOTE(CBT) 10/08/2014 1.83%US ULTRA BOND (CBT) SEP 14 10/05/2014 1.41%US TREASURY N/B 5/15/2044 1.40%WI TREASURY SEC. 5/31/2021 1.21%FANNIE MAE 4/25/2040 1.04%ECU4S EURO FX CURRENCY 8/24/2014 0.98%BTPS 5/01/2021 0.85%RXU4S EURO-BUND FUTURE 9/15/2014 0.70%MEXICAN BONOS 11/13/2042 0.67%FANNIE MAE 8/01/2027 0.64%FANNIE MAE 8/01/2039 0.55%CONNECTICUT AVENUE SECURITI 7/25/2024 0.44%FANNIE MAE 9/01/2040 0.41%POLAND GOVT BOND 10/25/2023 0.41%FANNIE MAE 10/09/2019 0.38%GOVERNMENT NATIONAL MORTGAG 8/01/2040 0.37%CONNECTICUT AVENUE SECURITI 1/25/2024 0.36%BRAZIL NTN-F 1/01/2017 0.35%FANNIE MAE 3/01/2043 0.34%FANNIE MAE 8/01/2026 0.33%FANNIE MAE 11/15/2030 0.32%UNITED MEXICAN 1/21/2045 0.31%FANNIE MAE 5/01/2040 0.31%TSY INFL IX N/B 7/15/2023 0.31%WAMU MORTGAGE PASS-THROUGH 7/25/2047 0.30%WI TREASURY SEC. 4/30/2019 0.30%FANNIE MAE 8/01/2040 0.29%CONNECTICUT AVENUE SECURITI 5/25/2024 0.27%GOVERNMENT NATIONAL MORTGAG 4/15/2040 0.27%FIRSTENERGY CORP 11/15/2031 0.26%GOVERNMENT NATIONAL MORTGAG 10/20/2060 0.26%FANNIE MAE 9/01/2042 0.26%FREDDIE MAC 12/01/2043 0.25%CONNECTICUT AVENUE SECURITI 10/25/2023 0.24%VERIZON COMM INC 9/15/2023 0.24%FREDDIE MAC 10/01/2025 0.24%SOCIAL PROFESSIONAL LOAN PR 6/25/2025 0.23%GOVERNMENT NATIONAL MORTGAG 10/20/2060 0.23%NEW ZEALAND GVT 4/15/2020 0.22%TSY INFL IX N/B 2/15/2043 0.22%SOCIAL PROFESSIONAL LOAN PR 10/25/2027 0.22%GS MORTGAGE SECURITIES TRUS 8/10/2045 0.21%VERIZON COMM INC 9/15/2033 0.21%US TREASURY N/B 11/15/2023 0.20%FREDDIE MAC 7/15/2034 0.20%Security% of PortfolioFREDDIE MAC 2/01/2044 0.20%ENERGY FUTURE IN 1L 4/28/2016 0.20%DEUTSCHE MORTGAGE SECURITIE 4/15/2036 0.20%FREDDIE MAC 12/15/2039 0.19%FANNIE MAE 4/25/2042 0.19%BRAZIL NTN-B 8/15/2050 0.18%GOLDMAN SACHS GP 2/01/2041 0.18%FANNIE MAE 4/01/2043 0.18%FREDDIE MAC 4/01/2044 0.18%INTESA SANPAOLO 6/26/2024 0.18%FREDDIE MAC 4/01/2044 0.17%GEN ELEC CAP CRP 1/07/2021 0.17%DSLA MORTGAGE LOAN TRUST 11/19/2044 0.17%BEAR STEARNS ALT-A TRUST 11/25/2034 0.17%REP OF POLAND 1/22/2024 0.17%GEN ELEC CAP CRP 1/10/2039 0.17%NATIONAL COLLEGIATE STUDENT 3/26/2029 0.16%VALE OVERSEAS 1/11/2022 0.16%ARGENT SECURITIES INC. 5/25/2034 0.16%FANNIE MAE 8/01/2027 0.16%PETROBRAS INTL 1/27/2021 0.16%MEXICAN BONOS 6/09/2022 0.16%GOLDMAN SACHS GP 3/15/2020 0.15%GOVERNMENT NATIONAL MORTGAG 6/20/2060 0.15%PETROLEOS MEXICA 6/15/2035 0.15%CVS CAREMARK 12/01/2022 0.15%LB-UBS COMMERCIAL MORTGAGE 2/15/2040 0.15%RESIDENTIAL ASSET MORTGAGE 3/25/2036 0.14%EATON CORP 11/02/2022 0.14%FANNIE MAE 10/01/2033 0.14%AVIS BUDGET RENTAL CAR FUND 7/20/2020 0.14%JP MORGAN CHASE COMMERCIAL 6/12/2047 0.14%FREDDIE MAC 3/15/2035 0.14%FREDDIE MAC 11/01/2041 0.14%SOUTH AFRICA 9/16/2025 0.14%WELLS FARGO CO 4/01/2021 0.14%STANDARD CHART 3/26/2044 0.14%CITIGROUP MORTGAGE LOAN TRU 7/25/2044 0.14%GOVERNMENT NATIONAL MORTGAG 4/20/2060 0.14%XSTRATA FIN CAN 10/25/2017 0.14%GOVERNMENT NATIONAL MORTGAG 5/20/2060 0.14%GNR 204 AB 2/16/2044 0.13%GOVERNMENT NATIONAL MORTGAG 8/01/2042 0.13%BANK OF AMER CRP 1/21/2044 0.13%TIME WARNER INC 5/01/2032 0.13%FANNIE MAE 7/25/2040 0.13%STATE STREET COR 3/15/2018 0.13%ANHEUSER-BUSCH 1/15/2020 0.13%PORTUGAL (REP) 10/15/2024 0.13%BANK OF AMER CRP 1/22/2024 0.13%ML-CFC COMMERCIAL MORTGAGE 9/12/2049 0.13%ABBVIE INC 11/06/2017 0.13%FICO STRIP PRN13 12/27/2018 0.13%ANHEUSER-BUSCH 7/15/2022 0.13%AST Portfolio Holdings610 of 635

AST Western Asset Core Plus Bond Portfolio (continued)Security% of PortfolioPERNOD-RICARD SA 1/15/2022 0.12%RUSSIA FRGN BD 7.500% 3/31/2030 0.12%GOVERNMENT NATIONAL MORTGAG 2/20/2060 0.12%FANNIE MAE 9/01/2042 0.12%JPMCC 2014 6/15/2029 0.12%BHP FINANCE USA 4/01/2019 0.12%FREDDIE MAC 10/01/2042 0.12%GOVERNMENT NATIONAL MORTGAG 9/20/2060 0.12%COUNTRYWIDE HOME LOANS 11/25/2034 0.11%CITIGROUP INC 9/13/2025 0.11%FREDDIE MAC REFERENCE REMIC 5/15/2036 0.11%RABOBANK 12/01/2023 0.11%SINOPEC GRP OVER 4/10/2024 0.11%M&T BANK CORP 12/29/2049 0.11%MORGAN STANLEY 12/28/2017 0.11%WACHOVIA CAP III 3/15/2042 0.11%NELNET STUDENT LOAN TRUST 3/22/2032 0.11%FANNIE MAE 6/01/2041 0.11%SPRINT CORP 9/15/2023 0.11%VERIZON COMM INC 9/15/2043 0.11%GOVERNMENT NATIONAL MORTGAG 11/20/2060 0.11%INTL LEASE FIN 9/01/2016 0.11%PETROBRAS 3/17/2024 0.11%MORGAN STANLEY CAPITAL I TR 3/15/2044 0.11%TENN VALLEY AUTH 9/15/2039 0.10%SOUTHERN COPPER 11/08/2042 0.10%TURKEY REP OF 9/26/2022 0.10%FORD MOTOR CRED 5/15/2015 0.10%ANADARKO PETRO 9/15/2017 0.10%ALLY FINANCIAL 9/15/2020 0.10%ING BANK NV 9/25/2023 0.10%TURKEY REP OF 3/22/2024 0.10%WAMU MORTGAGE PASS-THROUGH 8/25/2045 0.10%RIO TINTO FINANC 5/01/2019 0.10%ALTRIA GROUP INC 8/06/2019 0.10%RESIDENTIAL ACCREDIT LOANS, 1/25/2035 0.10%HESS CORP 2/15/2019 0.10%JPMORGAN CHASE 5/01/2023 0.10%COMMONW BK AU NY 9/18/2015 0.10%AMERICAN EXPRESS 9/01/2066 0.10%GEN ELEC CAP CRP 11/15/2067 0.10%NOBLE ENERGY INC 3/01/2019 0.10%JPMORGAN CHASE 5/13/2024 0.10%NORTHSTAR EDU FIN INC DE 1/29/2046 0.10%EQUITY ONE ABS INC 11/25/2032 0.10%TSY INFL IX N/B 2/15/2040 0.09%HSBC FIN CORP 1/15/2021 0.09%DEVON ENERGY 5/15/2022 0.09%ENTERPRISE OP LL 1/31/2019 0.09%MIRANT TRUST 12/30/2028 0.09%FANNIE MAE 8/01/2033 0.09%BANK OF AMER CRP 1/11/2023 0.09%FICO STRIP PRIN 11/02/2018 0.09%AES CORP 6/01/2020 0.09%Security% of PortfolioJPN YEN CURR FUT 9/22/2014 0.09%RABOBANK 6/30/2049 0.09%WACHOVIA BANK NA 11/15/2017 0.09%FANNIE MAE 1/01/2044 0.09%CREDIT AGRICOLE 12/13/2049 0.09%METLIFE INC 12/15/2036 0.09%FORD MOTOR CO 1/15/2043 0.09%WAMU MORTGAGE PASS-THROUGH 10/25/2045 0.09%AMERICAN HOME MORTGAGE INVE 2/25/2045 0.09%DAIMLER FINANCE 9/15/2016 0.09%VALE OVERSEAS 11/21/2036 0.09%COUNTRYWIDE HOME LOANS 4/25/2035 0.09%BANK OF AMER CRP 4/01/2024 0.09%FICO STRIP PRIN 9/26/2019 0.09%BARRICK GOLD COR 4/01/2019 0.09%PLAINS EXPLORATI 2/15/2023 0.09%FREMF MORTGAGE TRUST 10/25/2046 0.09%PETROLEOS MEXICA 1/23/2045 0.08%COUNTRYWIDE ALTERNATIVE LOA 7/25/2035 0.08%FANNIE MAE 4/01/2043 0.08%BANK OF AMER CRP 3/22/2017 0.08%ROYAL BK SCOTLND 6/10/2023 0.08%MERILL LYNCH 4/25/2018 0.08%FANNIE MAE 7/25/2042 0.08%COLOMBIA REP OF 2/26/2044 0.08%GYMBOREE CORP 2/23/2018 0.08%COMCAST CORP 3/01/2024 0.08%GOVERNMENT NATIONAL MORTGAG 7/20/2060 0.08%COMM 2014-SAVA D 6/15/2034 0.08%DIAGEO INV CORP 5/11/2022 0.08%HLSS SERVICER ADVANCE RECEI 8/15/2046 0.08%CD COMMERCIAL MORTGAGE TRUS 1/15/2046 0.08%LANDRY'S INC TL 1L 4/19/2018 0.08%ROYAL BK SCOTLND 12/19/2023 0.08%MONDELEZ INT INC 2/01/2024 0.08%CITIGROUP INC 6/15/2016 0.08%AMERICA MOVIL SA 3/30/2020 0.08%CITIGROUP INC 1/15/2015 0.08%NORDEA BANK AB 5/13/2021 0.08%LEHMAN XS TRUST 12/25/2035 0.08%STRIP PRINC 2/15/2043 0.08%KRAFT FOODS GROU 2/10/2020 0.08%GREENPOINT MANUFACTURED HOU 6/15/2029 0.08%FANNIE MAE 5/01/2031 0.08%FANNIE MAE 12/01/2033 0.08%STRUCTURED ADJUSTABLE RATE 8/25/2034 0.08%US TREASURY N/B 6/30/2017 0.07%GOLDMAN SACHS GP 6/15/2020 0.07%GNR 203 A 12/16/2055 0.07%FIRSTENERGY CORP 3/15/2023 0.07%FANNIE MAE 5/01/2041 0.07%SHELL INTL FIN 3/25/2020 0.07%SAXON ASSET SECURITIES TRUS 5/25/2035 0.07%FANNIE MAE 2/01/2039 0.07%AST Portfolio Holdings611 of 635

AST Western Asset Core Plus Bond Portfolio (continued)Security% of PortfolioTOYOTA MTR CRED 10/05/2017 0.07%HILTON WORLDWIDE 10/15/2021 0.07%STRUCTURED AGENCY CREDIT RI 2/25/2024 0.07%TURKEY REP OF 2/17/2045 0.07%IMPAC SECURED ASSETS CORP. 4/25/2037 0.07%PACIFIC GAS&ELEC 3/01/2037 0.07%CONSTELLATION BR 5/01/2023 0.07%ORACLE CORP 10/15/2017 0.07%MORGAN STANLEY 4/01/2018 0.07%JP MORGAN CHASE COMMERCIAL 12/12/2044 0.07%BP CAPITAL PLC 10/01/2015 0.07%BANK OF AMER CRP 4/01/2044 0.07%FANNIE MAE 5/25/2042 0.07%GREENPOINT MORTGAGE FUNDING 4/25/2036 0.07%ENTERPRISE PRODU 8/01/2066 0.07%BANK OF AMER CRP 5/13/2021 0.07%PEPSICO INC 8/13/2015 0.07%GOVERNMENT NATIONAL MORTGAG 7/20/2041 0.06%DIAGEO CAP PLC 7/15/2020 0.06%FANNIE MAE 8/01/2042 0.06%BEAR STEARNS CO 10/02/2017 0.06%MEXICAN BONOS 11/18/2038 0.06%ROYAL BK SCOTLND 10/21/2019 0.06%TIME WARNER CABL 2/15/2021 0.06%TIME WARNER CABL 4/01/2019 0.06%MORGAN STANLEY CAPITAL I TR 12/15/2043 0.06%NBCUNIVERSAL ENT 4/15/2019 0.06%AMER HONDA FIN 8/11/2015 0.06%WASTE MANAGEMENT 3/01/2021 0.06%MERRILL LYNCH MORTGAGE TRUS 8/12/2043 0.06%GOVERNMENT NATIONAL MORTGAG 5/20/2040 0.06%FANNIE MAE 2/01/2044 0.06%WACHOVIA BANK COMMERCIAL MO 4/15/2047 0.06%RBSGC MORTGAGE PASS THROUGH 4/25/2035 0.06%SOUTHERN NAT GAS 3/01/2032 0.06%GEN ELEC CAP CRP 9/16/2020 0.06%ECOPETROL SA 5/28/2045 0.06%AT&T INC 8/15/2021 0.06%FANNIE MAE 9/01/2041 0.06%COMM MORTGAGE TRUST 5/10/2047 0.06%US TREASURY N/B 5/15/2024 0.06%AMER INTL GROUP 1/16/2018 0.06%TW TELECOM HLDS 9/01/2023 0.06%FANNIE MAE 10/01/2042 0.06%ALTRIA GROUP INC 1/31/2044 0.06%FREDDIE MAC 2/15/2030 0.06%FANNIE MAE 11/01/2040 0.06%BAKER HUGHES INC 11/15/2018 0.06%CGBAM 2014-HD E 2/15/2031 0.06%UNIVISION COMM 3/01/2020 0.06%ALTRIA GROUP INC 8/09/2022 0.06%PHILIP MORRIS IN 11/15/2021 0.06%DOMINION RES 6/15/2038 0.06%MORGAN STANLEY CAPITAL I TR 6/11/2049 0.06%Security% of PortfolioBAYVIEW COMMERCIAL ASSET TR 12/25/2036 0.06%GLAXOSMITHKLINE 5/08/2022 0.06%EQTY 2014-INNS 5/08/2031 0.06%STEEL DYNAMICS 3/15/2020 0.06%FANNIE MAE 10/01/2041 0.06%BANC OF AMERICA COMMERCIAL 6/10/2049 0.06%DELTA AIR 20071A 8/10/2022 0.06%PARTY CITY HLDG 7/27/2019 0.06%FREEPORT-MC C&G 3/15/2020 0.06%FICO STRIP PRN12 12/06/2018 0.06%FHLMC GOLD POOL #G07509 9/01/2039 0.06%BOEING CAP CORP 10/27/2019 0.06%COMCAST CORP 2/15/2018 0.06%FREDDIE MAC 12/01/2043 0.05%FREDDIE MAC 3/01/2044 0.05%WELLPOINT INC 5/15/2022 0.05%MORGAN STANLEY MORTGAGE LOA 11/25/2034 0.05%GOLDMAN SACHS GP 1/22/2018 0.05%GNR 203 AB 6/16/2044 0.05%GNR 20 IA 3/16/2047 0.05%JP MORGAN MORTGAGE TRUST 1/25/2036 0.05%BARRICK GOLD COR 5/01/2023 0.05%EXPRESS SCRIPTS 2/15/2017 0.05%HILTON WORLDWIDE 10/25/2020 0.05%DEUTSCHE TEL FIN 3/23/2016 0.05%COUNTRYWIDE ASSET-BACKED CE 4/25/2035 0.05%LORILLARD TOBACC 6/23/2019 0.05%KRAFT FOODS INC 2/10/2020 0.05%CLIFFS NATURAL R 1/15/2018 0.05%HEINEKEN NV 10/01/2017 0.05%SAMSON INVESTMEN 2/15/2020 0.05%CREDIT SUISSE MORTGAGE TRUS 1/15/2049 0.05%MORGAN STANLEY MORTGAGE LOA 3/25/2036 0.05%FANNIE MAE 1/01/2028 0.05%FREDDIE MAC 12/01/2038 0.05%WACHOVIA BANK COMMERCIAL MO 10/15/2048 0.05%FREDDIE MAC 3/01/2042 0.05%MONITRONICS INTL 3/23/2018 0.05%NOMURA ASSET ACCEPTANCE COR 2/25/2035 0.05%VERIZON COMM INC 4/01/2019 0.05%RADNET MGMT INC 10/10/2018 0.05%WI TREASURY SEC. 4/15/2017 0.05%EUROPEAN CURRENCY 0.05%FANNIE MAE 11/25/2018 0.05%STRUCTURED ASSET SECURITIES 3/25/2035 0.05%US TREASURY N/B 11/15/2043 0.05%BANKAMERICA MANUFACTURED HO 4/10/2028 0.05%GSMPS MORTGAGE LOAN TRUST 1/25/2035 0.05%INTELSAT JACKSON 8/01/2023 0.05%FORD MOTOR CRED 1/15/2020 0.05%RABOBANK 12/01/2043 0.05%UPCB FIN III 7/01/2020 0.05%UNITED MEXICAN 10/02/2023 0.05%FANNIE MAE 11/01/2033 0.05%AST Portfolio Holdings612 of 635

AST Western Asset Core Plus Bond Portfolio (continued)Security% of PortfolioBANK OF AMER CRP 1/15/2019 0.05%FANNIE MAE 12/01/2042 0.05%INDONESIA (REP) 4/25/2022 0.05%KEY ENERGY SERV 3/01/2021 0.05%WF-RBS COMMERCIAL MORTGAGE 12/15/2045 0.05%ABBVIE INC 11/06/2022 0.05%GSMPS MORTGAGE LOAN TRUST 6/25/2034 0.05%RESIDENTIAL ASSET MORTGAGE 10/25/2036 0.05%HSBC HOLDINGS 3/14/2024 0.05%FREDDIE MAC 8/01/2044 0.05%CITIGROUP INC 12/29/2049 0.05%AERCAP IRELAND C 5/15/2019 0.05%BOEING CO 2/15/2020 0.05%XSTRATA FIN CAN 10/23/2015 0.05%CONSOL ENERGY 4/01/2020 0.05%APACHE CORP 9/01/2040 0.05%PETROBRAS INTL 1/20/2020 0.05%GOVERNMENT NATIONAL MORTGAG 7/20/2040 0.05%S FRWD EUR 8/14/2014 0.05%FICO STRIP PRN15 3/07/2019 0.05%TEMASEK FINL I 1/23/2023 0.05%QEP RESOURCES 5/01/2023 0.05%GOLDMAN SACHS GP 3/03/2024 0.05%VIACOM INC 9/01/2023 0.05%BCAP LLC TRUST 10/25/2036 0.04%RIO TINTO FINANC 9/20/2021 0.04%WELLS FARGO CO 6/15/2016 0.04%US TREASURY N/B 11/15/2015 0.04%FMG RES 2/01/2018 0.04%DAVITA HEALTHCAR 7/15/2024 0.04%FANNIE MAE 9/25/2032 0.04%OCCIDENTAL PETE 2/15/2023 0.04%EAGLE SPINCO INC 2/15/2021 0.04%GOVERNMENT NATIONAL MORTGAG 1/20/2040 0.04%BNP PARIBAS 9/14/2017 0.04%REYNOLDS GROUP 4/15/2019 0.04%PAR PHARMACEUTIC 9/30/2019 0.04%FREDDIE MAC 4/01/2044 0.04%JPMORGAN CHASE 6/27/2017 0.04%ACMP/ACMP FIN 5/15/2023 0.04%FHMS K715 X1 1/25/2021 0.04%FANNIE MAE 6/01/2038 0.04%FLORIDA EAST COA 5/01/2019 0.04%WELLS FARGO CO 11/02/2043 0.04%EFS VOLUNTEER NO 2 LLC 3/25/2036 0.04%COMCAST CORP 5/15/2018 0.04%SANTANDER US 10/07/2015 0.04%SOUTH CAROLINA ST STUDENT L 10/27/2036 0.04%AMER INTL GROUP 8/15/2018 0.04%VERIZON COMM INC 3/15/2021 0.04%SUPERVALU 3/21/2019 0.04%CITIGROUP MORTGAGE LOAN TRU 2/25/2036 0.04%WENDY'S INTL 5/15/2019 0.04%CHARTER COMM OPE 12/31/2020 0.04%Security% of PortfolioFANNIE MAE 2/01/2039 0.04%FANNIE MAE 10/01/2042 0.04%FREDDIE MAC 4/01/2043 0.04%GLAXOSMITHKLINE 5/15/2038 0.04%GS CAPITAL II 6/01/2043 0.04%GREENPOINT MANUFACTURED HOU 3/18/2029 0.04%COM BK AUSTRALIA 10/15/2014 0.04%BIG HEART PET BR 3/08/2020 0.04%FANNIE MAE 3/25/2042 0.04%AMERICAN AIRLINES INC 6/27/2019 0.04%US TREASURY N/B 12/31/2018 0.04%RBSCF 2013-GSP A 1/13/2032 0.04%VIRGIN MEDIA INVESTMENT H 2/21/2020 0.04%GREENPOINT MANUFACTURED HOU 3/13/2032 0.04%NRG ENERGY INC 7/01/2018 0.04%PHILIP MORRIS IN 3/20/2042 0.04%MORGAN STANLEY MORTGAGE LOA 12/25/2035 0.04%CIT GROUP INC 8/01/2023 0.04%FNA 2014-M4 X2 3/25/2024 0.04%SABINE PASS LIQU 5/15/2024 0.04%INTELSAT JACKSON TL B1 1L 4/02/2018 0.04%WPP FINANCE 9/15/2014 0.04%HCA INC 2/15/2020 0.04%DEVON ENERGY 4/15/2032 0.04%FREDDIE MAC 4/01/2044 0.04%ACCUDYNE INDUS 12/13/2019 0.04%RUSSIA-EUROBOND 3/31/2030 0.04%INDONESIA (REP) 3/13/2020 0.04%UNITED TECH CORP 6/01/2042 0.04%HERTZ VEHICLE FINANCING LLC 8/25/2019 0.04%GNR 208 A 3/01/2035 0.04%ROYAL BK SCOTLND 12/15/2022 0.04%PFP III 6/14/2031 0.04%FREDDIE MAC 4/01/2044 0.04%UNIVISION COMM 9/15/2022 0.04%FRESENIUS MED 1/31/2022 0.04%TELEFONICA EMIS 4/27/2020 0.04%AVIS BUDGET RENTAL CAR FUND 2/20/2020 0.04%TIME WARNER CABL 11/15/2040 0.04%WEST CORP 7/15/2022 0.04%SLM CORP 3/25/2020 0.04%BHP FINANCE USA 9/30/2043 0.04%FANNIE MAE 10/01/2035 0.04%ARCH COAL INC 6/15/2019 0.04%PETROBRAS INTL 1/27/2016 0.04%MIDAMERICAN ENER 9/15/2037 0.04%ROYAL BK SCOTLND 5/28/2024 0.04%PETROBRAS INTL 10/06/2016 0.04%SOUNDVIEW HOME EQUITY LOAN 1/25/2035 0.04%AMER EXPRESS CR 8/25/2014 0.04%KRAFT FOODS GROU 6/06/2022 0.04%FREDDIE MAC 4/01/2044 0.04%FREDDIE MAC 5/15/2043 0.04%FREDDIE MAC 6/15/2027 0.04%AST Portfolio Holdings613 of 635

AST Western Asset Core Plus Bond Portfolio (continued)Security% of PortfolioEATON CORP 11/02/2042 0.04%RESIDENTIAL ASSET SECURITIZ 7/25/2037 0.04%CELULOSA ARAUCO 1/11/2022 0.04%VERIZON COMM INC 4/01/2021 0.04%FREDDIE MAC 4/01/2044 0.04%BANK OF AMER CRP 5/01/2018 0.04%WM WRIGLEY JR CO 10/21/2019 0.04%ARAMARK SERV INC 2/19/2021 0.04%SUMITOMO MITSUI 7/22/2015 0.04%FREDDIE MAC 10/15/2041 0.04%REYNOLDS AMERICA 9/15/2043 0.04%ZOETIS INC 2/01/2023 0.03%MEXICAN PESO 0.03%PROGRESS ENERGY 12/01/2039 0.03%GARDNER DENVER 7/30/2020 0.03%NUMERICABLE 5/15/2022 0.03%WM WRIGLEY JR CO 10/21/2020 0.03%FIRST DATA CORP 3/24/2018 0.03%FANNIE MAE 8/01/2038 0.03%KERR-MCGEE CORP 9/15/2031 0.03%HOMESTAR MORTGAGE ACCEPTANC 1/25/2035 0.03%GEN ELECTRIC CO 10/09/2015 0.03%RENAISSANCE HOME EQUITY LOA 11/25/2036 0.03%WACHOVIA BANK COMMERCIAL MO 7/15/2045 0.03%UNITED BUSINESS 11/03/2020 0.03%REGENCY ENERGY 3/01/2022 0.03%FANNIE MAE 12/01/2033 0.03%FANNIE MAE 5/01/2043 0.03%US TREASURY N/B 8/31/2018 0.03%WELLS FARGO CO 1/15/2044 0.03%METLIFE INC 2/08/2021 0.03%PENN VIRGINIA 6/01/2020 0.03%ALTRIA GROUP INC 5/05/2021 0.03%HEXION US FIN 4/15/2020 0.03%PHILIP MORRIS IN 8/22/2022 0.03%INTL LEASE FIN 9/01/2014 0.03%CONCHO RES/MIDLA 1/15/2022 0.03%SINOPEC GRP OVER 5/17/2017 0.03%WM WRIGLEY JR CO 10/21/2018 0.03%MICHAELS STORES 1/28/2020 0.03%FANNIE MAE 12/01/2031 0.03%PFIZER INC 3/15/2019 0.03%CHESAPEAKE ENRGY 6/15/2021 0.03%TRANSOCEAN INC 3/15/2018 0.03%FORD MOTOR CRED 8/02/2021 0.03%HJ HEINZ CO 6/05/2020 0.03%JPMORGAN CHASE 7/22/2020 0.03%COMCAST CORP 8/15/2037 0.03%CCO HOLDINGS LLC 4/30/2020 0.03%CITIGROUP INC 8/25/2036 0.03%VERIZON COMM INC 3/15/2024 0.03%TIME WARNER INC 3/29/2041 0.03%AT&T INC 2/01/2018 0.03%NIELSEN FINANCE 5/01/2016 0.03%Security% of PortfolioGSAA HOME EQUITY TRUST 3/25/2037 0.03%ANZ NZ INTL/LDN 10/15/2015 0.03%ACMP/ACMP FIN 3/15/2024 0.03%FANNIE MAE 2/01/2044 0.03%APACHE CORP 4/15/2022 0.03%US TREASURY N/B 4/30/2016 0.03%ALTRIA GROUP INC 1/31/2024 0.03%FREDDIE MAC 4/01/2044 0.03%AMERIQUEST MORTGAGE SECURIT 4/25/2034 0.03%UNITEDHEALTH GRP 2/15/2018 0.03%FANNIE MAE 11/01/2031 0.03%CD COMMERCIAL MORTGAGE TRUS 10/15/2048 0.03%SACO I TRUST 6/25/2021 0.03%ABC SUPPLY CO 4/16/2020 0.03%PROGRESS ENERGY 1/15/2021 0.03%FORTESCUE METALS TL B 1L 10/18/2017 0.03%GOLDMAN SACHS GP 7/08/2024 0.03%AT&T INC 6/15/2045 0.03%FANNIE MAE 4/01/2044 0.03%GOLDMAN SACHS GP 7/27/2021 0.03%SPRINT CAP CORP 3/15/2032 0.03%FIRST DATA CORP 1/15/2021 0.03%BANK OF AMER CRP 1/24/2022 0.03%FREDDIE MAC 7/15/2043 0.03%FREDDIE MAC 7/01/2036 0.03%ACR 2013-FL1 D4.168% 6/15/2030 0.03%MEDTRONIC INC 3/15/2020 0.03%TAYLOR MORRISON 4/15/2021 0.03%AMGEN INC 5/22/2024 0.03%ACE SECURITIES CORP. 7/25/2033 0.03%FANNIE MAE 7/01/2043 0.03%WILLIAMS COS 9/01/2021 0.03%HJ HEINZ CO 10/15/2020 0.03%GNSF 5.5 PLATINUM 6/15/2036 0.03%GCCFC COMMERCIAL MORTGAGE T 7/10/2038 0.03%MASTR ADJUSTABLE RATE MORTG 4/21/2034 0.03%IMP TOBACCO FIN 2/11/2018 0.03%CITIGROUP INC 5/29/2049 0.03%CSC HOLDINGS LLC 4/17/2020 0.03%BANK OF AMER CRP 3/15/2017 0.03%FANNIE MAE 4/01/2044 0.03%GOVERNMENT NATIONAL MORTGAG 10/20/2037 0.03%BK TOKYO-MIT UFJ 1/22/2015 0.03%WASTE MANAGEMENT 5/15/2024 0.03%REYNOLDS GROUP 2/15/2021 0.03%COMM MORTGAGE TRUST 4/12/2035 0.03%WF-RBS COMMERCIAL MORTGAGE 6/15/2045 0.03%FANNIE MAE 4/01/2044 0.03%BANC OF AMERICA MORTGAGE SE 1/25/2036 0.03%FANNIE MAE 9/01/2043 0.03%AVIS BUDGET RENTAL CAR FUND 9/20/2019 0.03%GSMS 2013-GC16 B 11/10/2046 0.03%THERMO FISHER 8/15/2021 0.03%FANNIE MAE 9/01/2041 0.03%AST Portfolio Holdings614 of 635

AST Western Asset Core Plus Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 5/01/2042 0.03%FICO STRIP PRIN 5/11/2018 0.03%FANNIE MAE 5/25/2042 0.03%ANHEUSER-BUSCH 4/15/2020 0.03%NATL AUSTR BK LT 8/07/2015 0.03%FANNIE MAE 2/25/2017 0.03%THORNBURG MORTGAGE SECURITI 9/25/2037 0.03%FREDDIE MAC 4/01/2044 0.03%TIME WARNER INC 1/15/2021 0.03%MORGAN STANLEY CAPITAL INC 10/25/2033 0.03%FANNIE MAE 9/25/2041 0.03%RANGE RESOURCES 3/15/2023 0.03%MEXICAN BONOS 12/05/2024 0.03%LORILLARD TOBACC 5/20/2023 0.03%FREMONT HOME LOAN TRUST 12/25/2033 0.03%CITIGROUP INC 12/31/2049 0.03%METLIFE INC 2/06/2041 0.03%HUMANA INC 12/01/2022 0.03%SCHAEFFLER TL E 5/12/2020 0.03%JPMORGAN CHASE 9/23/2022 0.03%GREENPOINT MANUFACTURED HOU 2/20/2032 0.03%FLYING FORTRESS 6/30/2017 0.03%UAL-CALL 9/15/2015 0.03%FANNIE MAE 1/01/2043 0.03%FANNIE MAE 6/01/2031 0.03%FICO STRIP PRIN 8/03/2018 0.03%PEOPLE'S CHOICE HOME LOAN S 10/25/2034 0.03%CAROLINA P & L 5/15/2022 0.03%WILSONART INTERN 10/31/2019 0.03%CITIGROUP COMMERCIAL MORTGA 10/15/2049 0.03%RBS NV EX-ABN NV 6/04/2018 0.03%FRESENIUS MED 7/15/2017 0.03%ROCHE HLDGS INC 3/01/2019 0.03%TELESAT CANADA INC(BL) 3/08/2019 0.03%INTESA SANPAOLO 8/12/2015 0.03%WILLIAMS COS INC 1/15/2031 0.02%FANNIE MAE 4/01/2031 0.02%FANNIE MAE 7/01/2021 0.02%VISANT CORP 12/22/2016 0.02%LANGUAGE LINE 6/20/2016 0.02%FANNIE MAE 12/01/2042 0.02%WELLS FARGO CAP 12/15/2036 0.02%FANNIE MAE 7/01/2043 0.02%BRITISH TEL PLC 1/15/2018 0.02%FANNIE MAE 8/01/2037 0.02%WELLS FARGO CO 1/16/2018 0.02%FREDDIE MAC 12/15/2031 0.02%FANNIE MAE 5/01/2037 0.02%DELTA AIR 20091A 12/17/2019 0.02%CVS PASS-THROUGH 12/10/2028 0.02%COMCAST CORP 7/01/2039 0.02%FREDDIE MAC 3/01/2038 0.02%WELLS FARGO CO 2/13/2023 0.02%JP MORGAN CHASE COMMERCIAL 2/12/2051 0.02%Security% of PortfolioGSMPS MORTGAGE LOAN TRUST 3/25/2035 0.02%GOVERNMENT NATIONAL MORTGAG 9/20/2040 0.02%FANNIE MAE 10/01/2043 0.02%REYNOLDS AMERICA 11/01/2022 0.02%FREDDIE MAC 4/01/2043 0.02%CHRYSLER GP/CG C 6/15/2019 0.02%FANNIE MAE 2/01/2028 0.02%FANNIE MAE 12/01/2042 0.02%BEAR STEARNS COMMERCIAL MOR 6/11/2050 0.02%COM BK AUSTRALIA 10/15/2019 0.02%STATOIL ASA 8/17/2017 0.02%INDYMAC INDX MORTGAGE LOAN 10/25/2036 0.02%RAYTHEON CO 10/15/2020 0.02%TYZ4S US 10YR NOTE (CBT) 1/05/2015 0.02%JP MORGAN MORTGAGE TRUST 8/25/2035 0.02%FANNIE MAE 6/01/2043 0.02%COBALT CMBS COMMERCIAL MORT 4/15/2047 0.02%GOVERNMENT NATIONAL MORTGAG 6/20/2040 0.02%WALTER ENERGY 4/02/2018 0.02%NOVASTAR HOME EQUITY LOAN 12/25/2033 0.02%LB COMMERCIAL CONDUIT MORTG 7/15/2044 0.02%GOVERNMENT NATIONAL MORTGAG 4/16/2040 0.02%FREDDIE MAC 8/01/2043 0.02%ACTIVISION BLIZZ 9/15/2021 0.02%WAMU MORTGAGE PASS-THROUGH 2/25/2033 0.02%FHLMC MULTIFAMILY STRUCTURE 4/25/2020 0.02%PERNOD-RICARD SA 1/15/2042 0.02%US TREASURY N/B 5/31/2019 0.02%BARRICK NA FIN 5/30/2021 0.02%S FRWD EUR 8/14/2014 0.02%FICO STRIP PRIN 4/06/2018 0.02%FMG RES 4/01/2022 0.02%GEN ELECTRIC CO 3/11/2044 0.02%HCA INC 3/15/2022 0.02%BALL CORP 3/15/2022 0.02%JPMORGAN CHASE 1/24/2022 0.02%FANNIE MAE 12/01/2042 0.02%PEPSICO INC 11/01/2018 0.02%CITIGROUP CAP 0.02%BARRICK GOLD COR 4/01/2022 0.02%CALPINE CORP 1/15/2024 0.02%BANK OF AMER CRP 6/01/2019 0.02%DEVON ENERGY 12/15/2018 0.02%APACHE CORP 4/15/2043 0.02%FICO STRIP PRN-7 8/03/2018 0.02%MORGAN STANLEY MORTGAGE LOA 7/25/2034 0.02%ENVISION HEALTH 5/25/2018 0.02%BPCE 7/21/2024 0.02%LB-UBS COMMERCIAL MORTGAGE 9/15/2045 0.02%FANNIE MAE 5/01/2041 0.02%FMG RES 4/01/2017 0.02%TURKEY REP OF 3/30/2021 0.02%BHP FINANCE USA 11/21/2021 0.02%AT&T INC 3/11/2024 0.02%AST Portfolio Holdings615 of 635

AST Western Asset Core Plus Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 12/01/2043 0.02%US TREASURY N/B 6/30/2019 0.02%MSBAM 2013-C7 AS 2/15/2046 0.02%CVS CAREMARK 6/01/2017 0.02%FANNIE MAE 7/01/2043 0.02%DISH DBS CORP 7/15/2022 0.02%FANNIE MAE 5/25/2034 0.02%LYONDELLBASELL 11/15/2021 0.02%FANNIE MAE 5/01/2043 0.02%PACIFIC GAS&ELEC 10/15/2018 0.02%ADS WASTE HLDGS 10/09/2019 0.02%CREDIT SUISSE MORTGAGE TRUS 1/15/2049 0.02%NOBLE ENERGY INC 11/15/2043 0.02%EL PASO CORP 1/15/2032 0.02%RIO TINTO FINANC 12/14/2018 0.02%INDONESIA (REP) 5/05/2021 0.02%GREENPOINT MANUFACTURED HOU 2/20/2030 0.02%GREENPOINT MANUFACTURED HOU 6/19/2029 0.02%JOHN DEERE CAP 4/03/2018 0.02%GEN ELEC CAP CRP 7/02/2015 0.02%MARKWEST ENERGY 6/15/2022 0.02%FREDDIE MAC 12/01/2038 0.02%CITIGROUP INC 5/06/2044 0.02%SANTANDER US 1/20/2015 0.02%RBSGC MORTGAGE PASS THROUGH 1/25/2037 0.02%AT&T INC 2/15/2022 0.02%SUNGARD DATA 3/08/2020 0.02%FREDDIE MAC 7/01/2043 0.02%AMERICOLD LLC TRUST 1/14/2029 0.02%FANNIE MAE 1/01/2043 0.02%GLENCORE FDG LLC 1/15/2019 0.02%FREDDIE MAC 7/01/2043 0.02%WACHOVIA BANK COMMERCIAL MO 12/15/2043 0.02%VERIZON COMM INC 11/01/2022 0.02%FIRSTENERGY CORP 3/15/2018 0.02%CHESAPEAKE ENRGY 2/15/2021 0.02%GOVERNMENT NATIONAL MORTGAG 8/20/2058 0.02%UBS-BARCLAYS COMMERCIAL MOR 12/10/2045 0.02%ATWOOD OCEANICS 2/01/2020 0.02%BRAZILIAN REAL 0.02%GOVERNMENT NATIONAL MORTGAG 11/20/2040 0.02%DOMINION RES 1/15/2019 0.02%WACHOVIA CORP 2/01/2018 0.02%VEDANTA RESOURCE 7/18/2018 0.02%FORD MOTOR CRED 2/01/2021 0.02%FHLMC GOLD 3/01/2039 0.02%FREDDIE MAC 4/01/2044 0.02%FANNIE MAE 6/25/2039 0.02%INTESA SANPAOLO 1/15/2016 0.02%FANNIE MAE 4/01/2044 0.02%KROGER CO/THE 1/15/2021 0.02%WF-RBS COMMERCIAL MORTGAGE 3/15/2047 0.02%FREDDIE MAC 5/15/2043 0.02%MEXICAN BONOS 6/11/2020 0.02%Security% of PortfolioUK POUND STERLING 0.02%INDONESIA (REP) 1/15/2024 0.02%MASTR ALTERNATIVE LOANS TRU 9/25/2034 0.02%CATERPILLAR FINL 4/15/2018 0.02%CITIGROUP INC 2/15/2023 0.02%HYUNDAI CAPITAL 10/02/2017 0.02%FANNIE MAE 6/01/2043 0.02%ALLY FINANCIAL 1/27/2019 0.02%GOVERNMENT NATIONAL MORTGAG 6/20/2043 0.02%FANNIE MAE 8/25/2019 0.02%FANNIE MAE 9/25/2027 0.02%EXTENDED STAY AMERICA TRUST 12/05/2031 0.02%RBSSP RESECURITIZATION TRUS 12/26/2035 0.02%FANNIE MAE 4/01/2044 0.02%FHLMC MULTIFAMILY STRUCTURE 6/25/2020 0.02%UBS-BARCLAYS COMMERCIAL MOR 12/10/2045 0.02%EQUIPOWER RESOURCES TL 1L 12/21/2018 0.02%AMER INTL GROUP 3/15/2037 0.02%FREDDIE MAC 8/15/2032 0.02%UAL 2009-2A 1/15/2017 0.02%FANNIEMAE STRIP 11/25/2039 0.02%FANNIE MAE 11/01/2043 0.02%COMM 2013-CR12 AM 10/10/2046 0.02%EATON CORP 11/02/2017 0.02%GOVERNMENT NATIONAL MORTGAG 6/16/2043 0.02%KINDER MORGAN EN 2/15/2020 0.02%FANNIE MAE 4/01/2037 0.02%COUNTRYWIDE ASSET-BACKED CE 7/25/2034 0.02%GOVERNMENT NATIONAL MORTGAG 5/15/2040 0.02%CVS PASS-THROUGH 1/10/2030 0.02%TIME WARNER CABL 2/01/2020 0.02%FREDDIE MAC 9/01/2039 0.02%XSTRATA FIN CAN 11/15/2016 0.02%TIME WARNER ENT 7/15/2033 0.02%FANNIE MAE 9/01/2033 0.02%WF-RBS COMMERCIAL MORTGAGE 6/15/2046 0.02%LYONDELLBASELL 4/15/2024 0.02%COUNTRYWIDE ASSET-BACKED CE 7/25/2036 0.02%JPMBB COMMERCIAL MORTGAGE S 11/15/2045 0.02%FANNIE MAE 1/01/2044 0.02%FREDDIE MAC 6/01/2041 0.02%FANNIE MAE 5/01/2041 0.02%GOVERNMENT NATIONAL MORTGAG 12/20/2039 0.02%CAESARS ENT OPCO 1/28/2018 0.02%BRITISH TEL PLC 12/15/2030 0.02%WELLPOINT INC 2/15/2019 0.02%NOMURA ASSET ACCEPTANCE COR 6/25/2036 0.02%CLIFFS NATURAL 10/01/2020 0.02%EURO 0.01%BEAR STEARNS ASSET BACKED S 9/25/2034 0.01%MARKWEST ENERGY 2/15/2023 0.01%DISH DBS CORP 3/15/2023 0.01%FANNIE MAE 1/01/2044 0.01%PERRIGO CO PLC 11/15/2023 0.01%AST Portfolio Holdings616 of 635

AST Western Asset Core Plus Bond Portfolio (continued)Security% of PortfolioCONTINENTAL RES 4/15/2023 0.01%WELLPOINT INC 9/10/2015 0.01%HOMESTAR MORTGAGE ACCEPTANC 7/25/2034 0.01%NORDEA BANK AB 9/21/2022 0.01%CITIGROUP INC 10/15/2014 0.01%US TREASURY N/B 2/15/2024 0.01%STRUCTURED ADJUSTABLE RATE 7/25/2034 0.01%RANGE RESOURCES 8/15/2022 0.01%SHELF DRL HOLD 11/01/2018 0.01%MORGAN STANLEY BAML TRUST 11/15/2045 0.01%FANNIE MAE 1/01/2044 0.01%GOVERNMENT NATIONAL MORTGAG 10/16/2042 0.01%UNITEDHEALTH GRP 11/15/2021 0.01%TIME WARNER INC 3/29/2021 0.01%FANNIE MAE 9/01/2037 0.01%UBS AG STAMFORD 1/15/2015 0.01%SESI LLC 12/15/2021 0.01%WAMU MORTGAGE PASS-THROUGH 2/25/2037 0.01%GOLDMAN SACHS GP 10/01/2037 0.01%GEN MOTORS FIN 5/15/2016 0.01%FANNIE MAE 9/25/2040 0.01%SUMITOMO MITSUI 1/14/2016 0.01%FANNIE MAE 9/01/2033 0.01%FANNIEMAE STRIP 11/25/2041 0.01%MORGAN STANLEY BAML TRUST 8/15/2045 0.01%FIRST DATA CORP 11/01/2020 0.01%CITIGROUP COMMERCIAL MORTGA 12/10/2049 0.01%WINDSTREAM CORP 1/23/2020 0.01%DISH DBS CORP 9/01/2019 0.01%FANNIE MAE 5/01/2041 0.01%FANNIE MAE 11/01/2035 0.01%FANNIE MAE 5/01/2041 0.01%WAMU MORTGAGE PASS-THROUGH 3/25/2037 0.01%CELGENE CORP 5/15/2024 0.01%GSR MORTGAGE LOAN TRUST 7/25/2035 0.01%ROCK-TENN CO 3/01/2020 0.01%RIO TINTO FINANC 7/15/2018 0.01%WYETH LLC 4/01/2017 0.01%GOVERNMENT NATIONAL MORTGAG 2/20/2038 0.01%PVH CORP 2/13/2020 0.01%BANK OF AMER CRP 7/01/2020 0.01%PEPSICO INC 3/05/2042 0.01%STRUCTURED ASSET SECURITIES 9/25/2035 0.01%JPMORGAN CHASE 8/15/2021 0.01%WYETH 4/01/2037 0.01%KROGER CO/THE 4/15/2038 0.01%GSR MORTGAGE LOAN TRUST 11/25/2035 0.01%CONOCOPHILLIPS 1/15/2020 0.01%FANNIE MAE 7/25/2042 0.01%FANNIE MAE 10/25/2026 0.01%FICO STRIP PRN-6 8/03/2018 0.01%GILEAD SCIENCES 4/01/2024 0.01%QEP RESOURCES 3/01/2021 0.01%GEN MOTORS FIN 5/15/2023 0.01%Security% of PortfolioUS TREASURY N/B 1/31/2021 0.01%LYONDELLBASELL 4/15/2019 0.01%FANNIE MAE 7/01/2033 0.01%OCCIDENTAL PETE 2/15/2022 0.01%FANNIE MAE 4/25/2032 0.01%NEWS AMER INC 2/15/2021 0.01%BBVA US SENIOR 10/09/2015 0.01%BALL CORP 11/15/2023 0.01%FICO STRIP PRN-8 8/03/2018 0.01%WAL-MART STORES 2/15/2018 0.01%BEAR STEARNS ADJUSTABLE RAT 10/25/2036 0.01%FANNIE MAE 6/01/2043 0.01%FANNIEMAE STRIP 4/25/2027 0.01%FANNIE MAE 6/01/2041 0.01%JOHN DEERE CAP 1/15/2020 0.01%CHEVY CHASE MORTGAGE FUNDIN 7/25/2036 0.01%WELLS FARGO COMMERCIAL MORT 7/15/2046 0.01%MALAYSIA RINGGIT 0.01%JPMBB COMMERCIAL MORTGAGE S 1/15/2047 0.01%FANNIE MAE 6/01/2033 0.01%ECOLAB INC 12/08/2021 0.01%MORGAN STANLEY 3/22/2017 0.01%CONTINENTAL RESO 6/01/2024 0.01%STRUCTURED ADJUSTABLE RATE 9/25/2034 0.01%TURKEY REP OF 3/11/2019 0.01%FANNIE MAE 11/25/2042 0.01%GEN MOTORS FIN 5/15/2018 0.01%ING US INC 2/15/2018 0.01%ROGERS COMM INC 8/15/2018 0.01%GNR 200 IO 8/16/2052 0.01%BANK OF AMER CRP 12/01/2017 0.01%FANNIE MAE 4/25/2040 0.01%FANNIE MAE 1/01/2043 0.01%FANNIEMAE STRIP 11/25/2026 0.01%GNR 208 IO 6/16/2055 0.01%MLCC MORTGAGE INVESTORS INC 2/25/2036 0.01%CHEVY CHASE MORTGAGE FUNDIN 1/25/2036 0.01%CD COMMERCIAL MORTGAGE TRUS 1/15/2046 0.01%WILLIAMS COS 3/15/2032 0.01%TAYLOR MORRISON 4/15/2020 0.01%HJ HEINZ CO 6/07/2019 0.01%GOVERNMENT NATIONAL MORTGAG 1/20/2041 0.01%BEAR STEARNS ADJUSTABLE RAT 2/25/2036 0.01%FHMS K017 X1 12/01/2021 0.01%ADJUSTABLE RATE MORTGAGE TR 7/25/2035 0.01%FANNIE MAE 3/25/2042 0.01%FANNIE MAE 1/25/2041 0.01%ROYAL BK SCOTLND 9/30/2031 0.01%PLAINS EXPLORATI 11/15/2020 0.01%MORGAN STANLEY CAPITAL I TR 6/11/2049 0.01%FANNIE MAE 11/25/2036 0.01%FREEPORT-MC C&G 3/15/2018 0.01%FANNIE MAE 6/01/2043 0.01%WAMU MORTGAGE PASS-THROUGH 9/25/2036 0.01%AST Portfolio Holdings617 of 635

AST Western Asset Core Plus Bond Portfolio (continued)Security% of PortfolioJ CREW GROUP TL 1L B 3/07/2018 0.01%FANNIE MAE 6/01/2043 0.01%GOVERNMENT NATIONAL MORTGAG 6/20/2041 0.01%HARBORVIEW MORTGAGE LOAN TR 1/19/2035 0.01%FANNIE MAE 12/01/2042 0.01%ROCK-TENN CO 3/01/2023 0.01%FANNIE MAE 12/25/2027 0.01%ADJUSTABLE RATE MORTGAGE TR 9/25/2035 0.01%NEWS AMER INC 8/15/2039 0.01%ACR 2013-FL1 C3.168% 6/15/2030 0.01%REGENCY ENERGY 7/15/2021 0.01%CITIGROUP MORTGAGE LOAN TRU 10/25/2035 0.01%COX COMMUN INC 12/15/2014 0.01%FANNIE MAE 4/01/2041 0.01%GOVERNMENT NATIONAL MORTGAG 5/20/2043 0.01%GOVERNMENT NATIONAL MORTGAG 8/16/2042 0.01%REGENCY ENERGY 11/01/2023 0.01%FANNIE MAE 11/25/2042 0.01%THERMO FISHER 2/01/2044 0.01%WAL-MART STORES 4/15/2038 0.01%FREDDIE MAC 5/15/2039 0.01%BANC OF AMERICA COMMERCIAL 9/10/2047 0.01%ABB FINANCE USA 5/08/2042 0.01%CATHOLIC HEALTH 11/01/2042 0.01%DISH DBS CORP 5/01/2020 0.01%COMM 2013-CR12 B 10/10/2046 0.01%FICO STRIP PRN11 2/08/2018 0.01%BEAR STEARNS ASSET BACKED S 10/25/2033 0.01%S FRWD EUR 8/14/2014 0.01%GOLDMAN SACHS GP 7/19/2018 0.01%RIO TINTO FINANC 5/20/2021 0.01%WAMU MORTGAGE PASS-THROUGH 9/25/2033 0.01%INDONESIA (REP) 3/13/2020 0.01%FANNIE MAE 6/01/2043 0.01%VERIZON COMM INC 12/01/2030 0.01%FANNIE MAE 6/01/2043 0.01%FREDDIE MAC 6/01/2043 0.01%COUNTRYWIDE HOME EQUITY LOA 11/15/2036 0.01%FANNIE MAE 9/01/2033 0.01%FANNIE MAE 4/01/2043 0.01%FANNIE MAE 3/25/2042 0.01%FANNIE MAE 7/25/2027 0.01%BANC OF AMERICA MORTGAGE SE 9/25/2033 0.01%FANNIE MAE 10/25/2040 0.01%GEN ELEC CAP CRP 10/17/2021 0.01%FANNIE MAE 4/01/2042 0.01%CGRBS 2013-VN05 A 3/01/2035 0.01%COUNTRYWIDE FINL 5/15/2016 0.01%INDONESIA (REP) 10/17/2023 0.01%NATL SEMICOND 6/15/2017 0.01%CHEVY CHASE MORTGAGE FUNDIN 10/25/2035 0.01%COMCAST CORP 6/15/2035 0.01%CONTINENTAL RES 9/15/2022 0.01%GOLDMAN SACHS GP 4/01/2018 0.01%Security% of PortfolioCHEVY CHASE MORTGAGE FUNDIN 8/25/2035 0.01%INTELSAT JACKSON 4/01/2021 0.01%CONCHO RES/MIDLA 4/01/2023 0.01%MEDTRONIC INC 3/15/2022 0.01%DAIMLER FINANCE 7/31/2015 0.01%MERRILL LYNCH 5/16/2016 0.01%FIRST DATA CORP 9/24/2018 0.01%FANNIE MAE 12/01/2031 0.01%FANNIE MAE 12/25/2042 0.01%UNITEDHEALTH GRP 2/15/2038 0.01%JP MORGAN CHASE COMMERCIAL 2/12/2051 0.01%MOLSON COORS 5/01/2022 0.01%FREDDIE MAC 9/15/2037 0.01%ARAMARK SERV INC 7/26/2016 0.01%FREDDIE MAC 8/15/2039 0.01%COMM MORTGAGE TRUST 10/15/2045 0.01%FHLMC MULTIFAMILY STRUCTURE 9/25/2022 0.01%CITIGROUP INC 7/30/2022 0.01%NEWS AMER INC 1/09/2038 0.01%FANNIE MAE 4/01/2033 0.01%FANNIE MAE 6/01/2043 0.01%FREDDIE MAC 10/15/2032 0.01%WELLS FARGO CO 10/01/2014 0.01%BEAR STEARNS ADJUSTABLE RAT 2/25/2036 0.01%FREDDIE MAC 11/15/2041 0.01%COUNTRYWIDE HOME LOANS 9/25/2035 0.01%RESIDENTIAL ACCREDIT LOANS, 1/25/2037 0.01%BERKSHIRE HATHWY 2/11/2015 0.01%CALPINE CORP 1/15/2023 0.01%TIME WARNER CABL 9/01/2041 < 0.01%FANNIE MAE 11/25/2042 < 0.01%FANNIE MAE 6/01/2043 < 0.01%ROYAL BK SCOTLND 9/18/2015 < 0.01%S FRWD JPY 8/14/2014 < 0.01%VIRGIN MEDIA SEC 4/15/2021 < 0.01%GOVERNMENT NATIONAL MORTGAG 7/20/2040 < 0.01%FANNIE MAE 12/25/2042 < 0.01%INDONESIA (REP) 4/25/2022 < 0.01%RIO TINTO FINANC 11/02/2020 < 0.01%TRANSOCEAN INC 12/15/2021 < 0.01%ANADARKO FINANCE 5/01/2031 < 0.01%FANNIE MAE 3/25/2042 < 0.01%FANNIE MAE 12/25/2042 < 0.01%BANC OF AMERICA MORTGAGE SE 9/25/2035 < 0.01%HARBORVIEW MORTGAGE LOAN TR 1/19/2035 < 0.01%AT&T INC 5/15/2021 < 0.01%HBOS PLC 5/21/2018 < 0.01%FANNIE MAE 12/01/2042 < 0.01%FANNIE MAE 12/25/2039 < 0.01%FANNIE MAE 5/01/2041 < 0.01%TRANSOCEAN INC 12/15/2016 < 0.01%GOVERNMENT NATIONAL MORTGAG 7/20/2041 < 0.01%IMPAC SECURED ASSETS CORP. 8/25/2036 < 0.01%FANNIE MAE 6/01/2040 < 0.01%AST Portfolio Holdings618 of 635

AST Western Asset Core Plus Bond Portfolio (continued)Security% of PortfolioGREENPOINT MORTGAGE FUNDING 10/25/2045 < 0.01%FANNIE MAE 3/01/2044 < 0.01%FREDDIE MAC 11/15/2042 < 0.01%COUNTRYWIDE HOME LOANS 11/20/2034 < 0.01%DEVON ENERGY 1/15/2019 < 0.01%FANNIE MAE 6/01/2043 < 0.01%SOUNDVIEW HOME EQUITY LOAN 10/25/2036 < 0.01%FANNIE MAE 6/01/2043 < 0.01%FREDDIE MAC 6/01/2043 < 0.01%FREDDIE MAC 6/01/2043 < 0.01%FANNIE MAE 6/01/2043 < 0.01%FREDDIE MAC 6/01/2043 < 0.01%FREDDIE MAC 5/01/2043 < 0.01%COUNTRYWIDE HOME EQUITY LOA 11/15/2036 < 0.01%TEVA PHARM FIN 11/10/2021 < 0.01%COMM 2013-CR12 C 10/10/2046 < 0.01%TELEFONICA EMIS 7/03/2017 < 0.01%FREDDIE MAC 6/01/2043 < 0.01%GREENPOINT MORTGAGE FUNDING 4/25/2036 < 0.01%FANNIE MAE 9/01/2042 < 0.01%BEAR STEARNS ASSET BACKED S 10/25/2036 < 0.01%FICO STRIP PRN19 6/06/2019 < 0.01%FANNIE MAE 1/01/2043 < 0.01%FANNIE MAE 1/01/2043 < 0.01%FANNIE MAE 2/01/2043 < 0.01%FREDDIE MAC 8/15/2042 < 0.01%KINDER MORGAN 2/15/2021 < 0.01%WELLS FARGO MORTGAGE BACKED 4/25/2036 < 0.01%ACMP/ACMP FIN 4/15/2021 < 0.01%BP CAPITAL PLC 11/01/2021 < 0.01%RESIDENTIAL ASSET MORTGAGE 5/25/2032 < 0.01%US TREASURY N/B 7/31/2016 < 0.01%S FRWD PLZ 8/14/2014 < 0.01%FANNIE MAE 1/01/2041 < 0.01%FHMS K016 X1 1/01/2021 < 0.01%MLCC MORTGAGE INVESTORS INC 2/25/2036 < 0.01%S FRWD EUR 8/14/2014 < 0.01%GOVERNMENT NATIONAL MORTGAG 8/20/2040 < 0.01%TELECOM IT CAP 6/18/2019 < 0.01%CHESAPEAKE ENRGY 11/15/2020 < 0.01%MALAYSIAN RINGGIT < 0.01%FANNIE MAE 8/01/2037 < 0.01%GOVERNMENT NATIONAL MORTGAG 1/20/2040 < 0.01%GOVERNMENT NATIONAL MORTGAG 3/20/2039 < 0.01%GOVERNMENT NATIONAL MORTGAG 11/20/2036 < 0.01%FREDDIE MAC 11/15/2036 < 0.01%FANNIE MAE 5/01/2037 < 0.01%KINDER MORGAN 11/15/2023 < 0.01%FIRST HORIZON MORTGAGE PASS 2/25/2035 < 0.01%BEAR STEARNS ALT-A TRUST 11/25/2034 < 0.01%JOHN DEERE CAP 4/17/2019 < 0.01%FANNIE MAE 12/25/2040 < 0.01%FANNIE MAE 1/01/2037 < 0.01%FREDDIE MAC 11/15/2042 < 0.01%Security% of PortfolioFANNIE MAE 11/01/2028 < 0.01%GOVERNMENT NATIONAL MORTGAG 2/20/2042 < 0.01%FANNIE MAE 7/25/2043 < 0.01%FREDDIE MAC 9/15/2031 < 0.01%FANNIE MAE 12/25/2042 < 0.01%FANNIE MAE 5/01/2040 < 0.01%GOVERNMENT NATIONAL MORTGAG 1/20/2041 < 0.01%BEAR STEARNS ADJUSTABLE RAT 10/25/2035 < 0.01%WACHOVIA MORTGAGE LOAN TRUS 8/20/2035 < 0.01%GOVERNMENT NATIONAL MORTGAG 12/20/2041 < 0.01%FANNIE MAE 9/01/2039 < 0.01%FREDDIE MAC 11/15/2042 < 0.01%TELEFONICA EMIS 6/20/2016 < 0.01%QVC INC 3/15/2043 < 0.01%COMCAST CABLE CO 11/15/2022 < 0.01%ALTRIA GROUP INC 11/10/2038 < 0.01%FREDDIE MAC 4/15/2033 < 0.01%S FRWD JPY 8/14/2014 < 0.01%STRUCTURED ADJUSTABLE RATE 6/25/2035 < 0.01%FANNIE MAE 5/01/2040 < 0.01%FANNIE MAE 6/01/2043 < 0.01%FREDDIEMAC STRIP 10/15/2027 < 0.01%FANNIE MAE 7/01/2043 < 0.01%FANNIE MAE 2/01/2041 < 0.01%MARKWEST ENERGY 7/15/2023 < 0.01%COX COMMUN INC 6/01/2038 < 0.01%FANNIE MAE 6/01/2043 < 0.01%JPMORGAN CHASE 10/15/2020 < 0.01%HARBORVIEW MORTGAGE LOAN TR 1/19/2035 < 0.01%FANNIE MAE 12/01/2042 < 0.01%FANNIE MAE 1/01/2043 < 0.01%FREDDIE MAC 11/01/2042 < 0.01%FANNIE MAE 7/01/2040 < 0.01%FANNIE MAE 1/01/2043 < 0.01%FANNIE MAE 12/01/2042 < 0.01%GOVERNMENT NATIONAL MORTGAG 4/20/2040 < 0.01%FREDDIE MAC 7/15/2042 < 0.01%FANNIE MAE 2/25/2041 < 0.01%FANNIE MAE 5/01/2040 < 0.01%FANNIE MAE 8/01/2037 < 0.01%FREDDIE MAC 1/15/2040 < 0.01%FANNIE MAE 8/01/2039 < 0.01%BANC OF AMERICA FUNDING COR 9/20/2035 < 0.01%FANNIE MAE 3/01/2038 < 0.01%FANNIE MAE 2/01/2034 < 0.01%FANNIE MAE 1/01/2039 < 0.01%GOVERNMENT NATIONAL MORTGAG 9/20/2040 < 0.01%FANNIE MAE 12/01/2039 < 0.01%RUSSIAN ROUBLE < 0.01%TIME WARNER CABL 5/01/2037 < 0.01%TIME WARNER CABL 9/15/2042 < 0.01%FANNIE MAE 3/01/2037 < 0.01%BANK OF AMER CRP 8/01/2016 < 0.01%COX COMMUN INC 12/15/2042 < 0.01%AST Portfolio Holdings619 of 635

AST Western Asset Core Plus Bond Portfolio (continued)Security% of PortfolioDEVON FINANCING 9/30/2031 < 0.01%FANNIE MAE 7/25/2042 < 0.01%FANNIE MAE 3/01/2040 < 0.01%FANNIE MAE 4/01/2037 < 0.01%GOVERNMENT NATIONAL MORTGAG 4/20/2041 < 0.01%CONCHO RES/MIDLA 10/01/2022 < 0.01%GOVERNMENT NATIONAL MORTGAG 4/16/2034 < 0.01%UNITEDHEALTH GRP 3/15/2019 < 0.01%FVU4 FUT 120 C 8/30/2014 < 0.01%NEW ZEALAND DOLLA < 0.01%TYU4C 10YR126.5C 8/28/2014 < 0.01%TYU4P 10YR123P 8/27/2014 < 0.01%FVU4C 5YR119C 8/27/2014 < 0.01%TYU4P 10YR123.5P 8/29/2014 < 0.01%TYV4P 10YR122.5P 9/30/2014 < 0.01%TYU4C 10YR126.0C 9/01/2014 < 0.01%TYV4P 10YR121P 10/03/2014 < 0.01%TYU4C 10YR125.5C 8/27/2014 < 0.01%TYV4C 10YR126C 10/03/2014 < 0.01%FUT136P 8/27/2014 < 0.01%USU4C FUT139C 8/27/2014 < 0.01%TYU4P 10YR124P 8/27/2014 < 0.01%USU4P FUT137P 8/27/2014 < 0.01%TYV4C 10YR124.5C 10/01/2014 < 0.01%USU4C FUT138C 8/29/2014 < 0.01%USV4C FUT138C 10/01/2014 < 0.01%TYV4P 10YR123.5P 10/01/2014 < 0.01%USU4P FUT135P 8/29/2014 < 0.01%TYV4C 10YR125C 10/01/2014 < 0.01%TYV4P 10YR123P 10/01/2014 < 0.01%TYU4C 10YR125C 8/27/2014 < 0.01%L FRWD PLZ 8/14/2014 < 0.01%(S) CME CDX.HY.20.V1 6/20/2018 -0.01%L FRWD EUR 8/14/2014 -0.01%(S) CME CDX.NA.HY.22 6/20/2019 -0.01%620 of 635AST Portfolio Holdings

AST Western Asset Core Plus Bond PortfolioSecurity% of PortfolioTYU4S US 10YR NOTE (CBT) 10/05/2014 9.48%EDM6 90DAY EURO$ FUTR 6/19/2016 6.04%EDZ5 90DAY EURO$ FUTR 12/19/2015 5.33%EDM8S FIN FUT EURO$ CME 6/23/2018 4.46%FVU4 US 5YR NOTE(CBT) 10/08/2014 4.02%PRUDENTIAL CORE INVESTMENT 3.52%US TREASURY N/B 2/15/2044 2.58%USU4S US LONG BOND(CBT) SEP 9/30/2014 2.32%FANNIE MAE 8/01/2042 2.20%US 2YR NOTE(CBT) 10/08/2014 1.83%US ULTRA BOND (CBT) SEP 14 10/05/2014 1.41%US TREASURY N/B 5/15/2044 1.40%WI TREASURY SEC. 5/31/2021 1.21%FANNIE MAE 4/25/2040 1.04%ECU4S EURO FX CURRENCY 8/24/2014 0.98%BTPS 5/01/2021 0.85%RXU4S EURO-BUND FUTURE 9/15/2014 0.70%MEXICAN BONOS 11/13/2042 0.67%FANNIE MAE 8/01/2027 0.64%FANNIE MAE 8/01/2039 0.55%CONNECTICUT AVENUE SECURITI 7/25/2024 0.44%FANNIE MAE 9/01/2040 0.41%POLAND GOVT BOND 10/25/2023 0.41%FANNIE MAE 10/09/2019 0.38%GOVERNMENT NATIONAL MORTGAG 8/01/2040 0.37%CONNECTICUT AVENUE SECURITI 1/25/2024 0.36%BRAZIL NTN-F 1/01/2017 0.35%FANNIE MAE 3/01/2043 0.34%FANNIE MAE 8/01/2026 0.33%FANNIE MAE 11/15/2030 0.32%UNITED MEXICAN 1/21/2045 0.31%FANNIE MAE 5/01/2040 0.31%TSY INFL IX N/B 7/15/2023 0.31%WAMU MORTGAGE PASS-THROUGH 7/25/2047 0.30%WI TREASURY SEC. 4/30/2019 0.30%FANNIE MAE 8/01/2040 0.29%CONNECTICUT AVENUE SECURITI 5/25/2024 0.27%GOVERNMENT NATIONAL MORTGAG 4/15/2040 0.27%FIRSTENERGY CORP 11/15/2031 0.26%GOVERNMENT NATIONAL MORTGAG 10/20/2060 0.26%FANNIE MAE 9/01/2042 0.26%FREDDIE MAC 12/01/2043 0.25%CONNECTICUT AVENUE SECURITI 10/25/2023 0.24%VERIZON COMM INC 9/15/2023 0.24%FREDDIE MAC 10/01/2025 0.24%SOCIAL PROFESSIONAL LOAN PR 6/25/2025 0.23%GOVERNMENT NATIONAL MORTGAG 10/20/2060 0.23%NEW ZEALAND GVT 4/15/2020 0.22%TSY INFL IX N/B 2/15/2043 0.22%SOCIAL PROFESSIONAL LOAN PR 10/25/2027 0.22%GS MORTGAGE SECURITIES TRUS 8/10/2045 0.21%VERIZON COMM INC 9/15/2033 0.21%US TREASURY N/B 11/15/2023 0.20%FREDDIE MAC 7/15/2034 0.20%Security% of PortfolioFREDDIE MAC 2/01/2044 0.20%ENERGY FUTURE IN 1L 4/28/2016 0.20%DEUTSCHE MORTGAGE SECURITIE 4/15/2036 0.20%FREDDIE MAC 12/15/2039 0.19%FANNIE MAE 4/25/2042 0.19%BRAZIL NTN-B 8/15/2050 0.18%GOLDMAN SACHS GP 2/01/2041 0.18%FANNIE MAE 4/01/2043 0.18%FREDDIE MAC 4/01/2044 0.18%INTESA SANPAOLO 6/26/2024 0.18%FREDDIE MAC 4/01/2044 0.17%GEN ELEC CAP CRP 1/07/2021 0.17%DSLA MORTGAGE LOAN TRUST 11/19/2044 0.17%BEAR STEARNS ALT-A TRUST 11/25/2034 0.17%REP OF POLAND 1/22/2024 0.17%GEN ELEC CAP CRP 1/10/2039 0.17%NATIONAL COLLEGIATE STUDENT 3/26/2029 0.16%VALE OVERSEAS 1/11/2022 0.16%ARGENT SECURITIES INC. 5/25/2034 0.16%FANNIE MAE 8/01/2027 0.16%PETROBRAS INTL 1/27/2021 0.16%MEXICAN BONOS 6/09/2022 0.16%GOLDMAN SACHS GP 3/15/2020 0.15%GOVERNMENT NATIONAL MORTGAG 6/20/2060 0.15%PETROLEOS MEXICA 6/15/2035 0.15%CVS CAREMARK 12/01/2022 0.15%LB-UBS COMMERCIAL MORTGAGE 2/15/2040 0.15%RESIDENTIAL ASSET MORTGAGE 3/25/2036 0.14%EATON CORP 11/02/2022 0.14%FANNIE MAE 10/01/2033 0.14%AVIS BUDGET RENTAL CAR FUND 7/20/2020 0.14%JP MORGAN CHASE COMMERCIAL 6/12/2047 0.14%FREDDIE MAC 3/15/2035 0.14%FREDDIE MAC 11/01/2041 0.14%SOUTH AFRICA 9/16/2025 0.14%WELLS FARGO CO 4/01/2021 0.14%STANDARD CHART 3/26/2044 0.14%CITIGROUP MORTGAGE LOAN TRU 7/25/2044 0.14%GOVERNMENT NATIONAL MORTGAG 4/20/2060 0.14%XSTRATA FIN CAN 10/25/2017 0.14%GOVERNMENT NATIONAL MORTGAG 5/20/2060 0.14%GNR 204 AB 2/16/2044 0.13%GOVERNMENT NATIONAL MORTGAG 8/01/2042 0.13%BANK OF AMER CRP 1/21/2044 0.13%TIME WARNER INC 5/01/2032 0.13%FANNIE MAE 7/25/2040 0.13%STATE STREET COR 3/15/2018 0.13%ANHEUSER-BUSCH 1/15/2020 0.13%PORTUGAL (REP) 10/15/2024 0.13%BANK OF AMER CRP 1/22/2024 0.13%ML-CFC COMMERCIAL MORTGAGE 9/12/2049 0.13%ABBVIE INC 11/06/2017 0.13%FICO STRIP PRN13 12/27/2018 0.13%ANHEUSER-BUSCH 7/15/2022 0.13%AST Portfolio Holdings621 of 635

AST Western Asset Core Plus Bond Portfolio (continued)Security% of PortfolioPERNOD-RICARD SA 1/15/2022 0.12%RUSSIA FRGN BD 7.500% 3/31/2030 0.12%GOVERNMENT NATIONAL MORTGAG 2/20/2060 0.12%FANNIE MAE 9/01/2042 0.12%JPMCC 2014 6/15/2029 0.12%BHP FINANCE USA 4/01/2019 0.12%FREDDIE MAC 10/01/2042 0.12%GOVERNMENT NATIONAL MORTGAG 9/20/2060 0.12%COUNTRYWIDE HOME LOANS 11/25/2034 0.11%CITIGROUP INC 9/13/2025 0.11%FREDDIE MAC REFERENCE REMIC 5/15/2036 0.11%RABOBANK 12/01/2023 0.11%SINOPEC GRP OVER 4/10/2024 0.11%M&T BANK CORP 12/29/2049 0.11%MORGAN STANLEY 12/28/2017 0.11%WACHOVIA CAP III 3/15/2042 0.11%NELNET STUDENT LOAN TRUST 3/22/2032 0.11%FANNIE MAE 6/01/2041 0.11%SPRINT CORP 9/15/2023 0.11%VERIZON COMM INC 9/15/2043 0.11%GOVERNMENT NATIONAL MORTGAG 11/20/2060 0.11%INTL LEASE FIN 9/01/2016 0.11%PETROBRAS 3/17/2024 0.11%MORGAN STANLEY CAPITAL I TR 3/15/2044 0.11%TENN VALLEY AUTH 9/15/2039 0.10%SOUTHERN COPPER 11/08/2042 0.10%TURKEY REP OF 9/26/2022 0.10%FORD MOTOR CRED 5/15/2015 0.10%ANADARKO PETRO 9/15/2017 0.10%ALLY FINANCIAL 9/15/2020 0.10%ING BANK NV 9/25/2023 0.10%TURKEY REP OF 3/22/2024 0.10%WAMU MORTGAGE PASS-THROUGH 8/25/2045 0.10%RIO TINTO FINANC 5/01/2019 0.10%ALTRIA GROUP INC 8/06/2019 0.10%RESIDENTIAL ACCREDIT LOANS, 1/25/2035 0.10%HESS CORP 2/15/2019 0.10%JPMORGAN CHASE 5/01/2023 0.10%COMMONW BK AU NY 9/18/2015 0.10%AMERICAN EXPRESS 9/01/2066 0.10%GEN ELEC CAP CRP 11/15/2067 0.10%NOBLE ENERGY INC 3/01/2019 0.10%JPMORGAN CHASE 5/13/2024 0.10%NORTHSTAR EDU FIN INC DE 1/29/2046 0.10%EQUITY ONE ABS INC 11/25/2032 0.10%TSY INFL IX N/B 2/15/2040 0.09%HSBC FIN CORP 1/15/2021 0.09%DEVON ENERGY 5/15/2022 0.09%ENTERPRISE OP LL 1/31/2019 0.09%MIRANT TRUST 12/30/2028 0.09%FANNIE MAE 8/01/2033 0.09%BANK OF AMER CRP 1/11/2023 0.09%FICO STRIP PRIN 11/02/2018 0.09%AES CORP 6/01/2020 0.09%Security% of PortfolioJPN YEN CURR FUT 9/22/2014 0.09%RABOBANK 6/30/2049 0.09%WACHOVIA BANK NA 11/15/2017 0.09%FANNIE MAE 1/01/2044 0.09%CREDIT AGRICOLE 12/13/2049 0.09%METLIFE INC 12/15/2036 0.09%FORD MOTOR CO 1/15/2043 0.09%WAMU MORTGAGE PASS-THROUGH 10/25/2045 0.09%AMERICAN HOME MORTGAGE INVE 2/25/2045 0.09%DAIMLER FINANCE 9/15/2016 0.09%VALE OVERSEAS 11/21/2036 0.09%COUNTRYWIDE HOME LOANS 4/25/2035 0.09%BANK OF AMER CRP 4/01/2024 0.09%FICO STRIP PRIN 9/26/2019 0.09%BARRICK GOLD COR 4/01/2019 0.09%PLAINS EXPLORATI 2/15/2023 0.09%FREMF MORTGAGE TRUST 10/25/2046 0.09%PETROLEOS MEXICA 1/23/2045 0.08%COUNTRYWIDE ALTERNATIVE LOA 7/25/2035 0.08%FANNIE MAE 4/01/2043 0.08%BANK OF AMER CRP 3/22/2017 0.08%ROYAL BK SCOTLND 6/10/2023 0.08%MERILL LYNCH 4/25/2018 0.08%FANNIE MAE 7/25/2042 0.08%COLOMBIA REP OF 2/26/2044 0.08%GYMBOREE CORP 2/23/2018 0.08%COMCAST CORP 3/01/2024 0.08%GOVERNMENT NATIONAL MORTGAG 7/20/2060 0.08%COMM 2014-SAVA D 6/15/2034 0.08%DIAGEO INV CORP 5/11/2022 0.08%HLSS SERVICER ADVANCE RECEI 8/15/2046 0.08%CD COMMERCIAL MORTGAGE TRUS 1/15/2046 0.08%LANDRY'S INC TL 1L 4/19/2018 0.08%ROYAL BK SCOTLND 12/19/2023 0.08%MONDELEZ INT INC 2/01/2024 0.08%CITIGROUP INC 6/15/2016 0.08%AMERICA MOVIL SA 3/30/2020 0.08%CITIGROUP INC 1/15/2015 0.08%NORDEA BANK AB 5/13/2021 0.08%LEHMAN XS TRUST 12/25/2035 0.08%STRIP PRINC 2/15/2043 0.08%KRAFT FOODS GROU 2/10/2020 0.08%GREENPOINT MANUFACTURED HOU 6/15/2029 0.08%FANNIE MAE 5/01/2031 0.08%FANNIE MAE 12/01/2033 0.08%STRUCTURED ADJUSTABLE RATE 8/25/2034 0.08%US TREASURY N/B 6/30/2017 0.07%GOLDMAN SACHS GP 6/15/2020 0.07%GNR 203 A 12/16/2055 0.07%FIRSTENERGY CORP 3/15/2023 0.07%FANNIE MAE 5/01/2041 0.07%SHELL INTL FIN 3/25/2020 0.07%SAXON ASSET SECURITIES TRUS 5/25/2035 0.07%FANNIE MAE 2/01/2039 0.07%AST Portfolio Holdings622 of 635

AST Western Asset Core Plus Bond Portfolio (continued)Security% of PortfolioTOYOTA MTR CRED 10/05/2017 0.07%HILTON WORLDWIDE 10/15/2021 0.07%STRUCTURED AGENCY CREDIT RI 2/25/2024 0.07%TURKEY REP OF 2/17/2045 0.07%IMPAC SECURED ASSETS CORP. 4/25/2037 0.07%PACIFIC GAS&ELEC 3/01/2037 0.07%CONSTELLATION BR 5/01/2023 0.07%ORACLE CORP 10/15/2017 0.07%MORGAN STANLEY 4/01/2018 0.07%JP MORGAN CHASE COMMERCIAL 12/12/2044 0.07%BP CAPITAL PLC 10/01/2015 0.07%BANK OF AMER CRP 4/01/2044 0.07%FANNIE MAE 5/25/2042 0.07%GREENPOINT MORTGAGE FUNDING 4/25/2036 0.07%ENTERPRISE PRODU 8/01/2066 0.07%BANK OF AMER CRP 5/13/2021 0.07%PEPSICO INC 8/13/2015 0.07%GOVERNMENT NATIONAL MORTGAG 7/20/2041 0.06%DIAGEO CAP PLC 7/15/2020 0.06%FANNIE MAE 8/01/2042 0.06%BEAR STEARNS CO 10/02/2017 0.06%MEXICAN BONOS 11/18/2038 0.06%ROYAL BK SCOTLND 10/21/2019 0.06%TIME WARNER CABL 2/15/2021 0.06%TIME WARNER CABL 4/01/2019 0.06%MORGAN STANLEY CAPITAL I TR 12/15/2043 0.06%NBCUNIVERSAL ENT 4/15/2019 0.06%AMER HONDA FIN 8/11/2015 0.06%WASTE MANAGEMENT 3/01/2021 0.06%MERRILL LYNCH MORTGAGE TRUS 8/12/2043 0.06%GOVERNMENT NATIONAL MORTGAG 5/20/2040 0.06%FANNIE MAE 2/01/2044 0.06%WACHOVIA BANK COMMERCIAL MO 4/15/2047 0.06%RBSGC MORTGAGE PASS THROUGH 4/25/2035 0.06%SOUTHERN NAT GAS 3/01/2032 0.06%GEN ELEC CAP CRP 9/16/2020 0.06%ECOPETROL SA 5/28/2045 0.06%AT&T INC 8/15/2021 0.06%FANNIE MAE 9/01/2041 0.06%COMM MORTGAGE TRUST 5/10/2047 0.06%US TREASURY N/B 5/15/2024 0.06%AMER INTL GROUP 1/16/2018 0.06%TW TELECOM HLDS 9/01/2023 0.06%FANNIE MAE 10/01/2042 0.06%ALTRIA GROUP INC 1/31/2044 0.06%FREDDIE MAC 2/15/2030 0.06%FANNIE MAE 11/01/2040 0.06%BAKER HUGHES INC 11/15/2018 0.06%CGBAM 2014-HD E 2/15/2031 0.06%UNIVISION COMM 3/01/2020 0.06%ALTRIA GROUP INC 8/09/2022 0.06%PHILIP MORRIS IN 11/15/2021 0.06%DOMINION RES 6/15/2038 0.06%MORGAN STANLEY CAPITAL I TR 6/11/2049 0.06%Security% of PortfolioBAYVIEW COMMERCIAL ASSET TR 12/25/2036 0.06%GLAXOSMITHKLINE 5/08/2022 0.06%EQTY 2014-INNS 5/08/2031 0.06%STEEL DYNAMICS 3/15/2020 0.06%FANNIE MAE 10/01/2041 0.06%BANC OF AMERICA COMMERCIAL 6/10/2049 0.06%DELTA AIR 20071A 8/10/2022 0.06%PARTY CITY HLDG 7/27/2019 0.06%FREEPORT-MC C&G 3/15/2020 0.06%FICO STRIP PRN12 12/06/2018 0.06%FHLMC GOLD POOL #G07509 9/01/2039 0.06%BOEING CAP CORP 10/27/2019 0.06%COMCAST CORP 2/15/2018 0.06%FREDDIE MAC 12/01/2043 0.05%FREDDIE MAC 3/01/2044 0.05%WELLPOINT INC 5/15/2022 0.05%MORGAN STANLEY MORTGAGE LOA 11/25/2034 0.05%GOLDMAN SACHS GP 1/22/2018 0.05%GNR 203 AB 6/16/2044 0.05%GNR 20 IA 3/16/2047 0.05%JP MORGAN MORTGAGE TRUST 1/25/2036 0.05%BARRICK GOLD COR 5/01/2023 0.05%EXPRESS SCRIPTS 2/15/2017 0.05%HILTON WORLDWIDE 10/25/2020 0.05%DEUTSCHE TEL FIN 3/23/2016 0.05%COUNTRYWIDE ASSET-BACKED CE 4/25/2035 0.05%LORILLARD TOBACC 6/23/2019 0.05%KRAFT FOODS INC 2/10/2020 0.05%CLIFFS NATURAL R 1/15/2018 0.05%HEINEKEN NV 10/01/2017 0.05%SAMSON INVESTMEN 2/15/2020 0.05%CREDIT SUISSE MORTGAGE TRUS 1/15/2049 0.05%MORGAN STANLEY MORTGAGE LOA 3/25/2036 0.05%FANNIE MAE 1/01/2028 0.05%FREDDIE MAC 12/01/2038 0.05%WACHOVIA BANK COMMERCIAL MO 10/15/2048 0.05%FREDDIE MAC 3/01/2042 0.05%MONITRONICS INTL 3/23/2018 0.05%NOMURA ASSET ACCEPTANCE COR 2/25/2035 0.05%VERIZON COMM INC 4/01/2019 0.05%RADNET MGMT INC 10/10/2018 0.05%WI TREASURY SEC. 4/15/2017 0.05%EUROPEAN CURRENCY 0.05%FANNIE MAE 11/25/2018 0.05%STRUCTURED ASSET SECURITIES 3/25/2035 0.05%US TREASURY N/B 11/15/2043 0.05%BANKAMERICA MANUFACTURED HO 4/10/2028 0.05%GSMPS MORTGAGE LOAN TRUST 1/25/2035 0.05%INTELSAT JACKSON 8/01/2023 0.05%FORD MOTOR CRED 1/15/2020 0.05%RABOBANK 12/01/2043 0.05%UPCB FIN III 7/01/2020 0.05%UNITED MEXICAN 10/02/2023 0.05%FANNIE MAE 11/01/2033 0.05%AST Portfolio Holdings623 of 635

AST Western Asset Core Plus Bond Portfolio (continued)Security% of PortfolioBANK OF AMER CRP 1/15/2019 0.05%FANNIE MAE 12/01/2042 0.05%INDONESIA (REP) 4/25/2022 0.05%KEY ENERGY SERV 3/01/2021 0.05%WF-RBS COMMERCIAL MORTGAGE 12/15/2045 0.05%ABBVIE INC 11/06/2022 0.05%GSMPS MORTGAGE LOAN TRUST 6/25/2034 0.05%RESIDENTIAL ASSET MORTGAGE 10/25/2036 0.05%HSBC HOLDINGS 3/14/2024 0.05%FREDDIE MAC 8/01/2044 0.05%CITIGROUP INC 12/29/2049 0.05%AERCAP IRELAND C 5/15/2019 0.05%BOEING CO 2/15/2020 0.05%XSTRATA FIN CAN 10/23/2015 0.05%CONSOL ENERGY 4/01/2020 0.05%APACHE CORP 9/01/2040 0.05%PETROBRAS INTL 1/20/2020 0.05%GOVERNMENT NATIONAL MORTGAG 7/20/2040 0.05%S FRWD EUR 8/14/2014 0.05%FICO STRIP PRN15 3/07/2019 0.05%TEMASEK FINL I 1/23/2023 0.05%QEP RESOURCES 5/01/2023 0.05%GOLDMAN SACHS GP 3/03/2024 0.05%VIACOM INC 9/01/2023 0.05%BCAP LLC TRUST 10/25/2036 0.04%RIO TINTO FINANC 9/20/2021 0.04%WELLS FARGO CO 6/15/2016 0.04%US TREASURY N/B 11/15/2015 0.04%FMG RES 2/01/2018 0.04%DAVITA HEALTHCAR 7/15/2024 0.04%FANNIE MAE 9/25/2032 0.04%OCCIDENTAL PETE 2/15/2023 0.04%EAGLE SPINCO INC 2/15/2021 0.04%GOVERNMENT NATIONAL MORTGAG 1/20/2040 0.04%BNP PARIBAS 9/14/2017 0.04%REYNOLDS GROUP 4/15/2019 0.04%PAR PHARMACEUTIC 9/30/2019 0.04%FREDDIE MAC 4/01/2044 0.04%JPMORGAN CHASE 6/27/2017 0.04%ACMP/ACMP FIN 5/15/2023 0.04%FHMS K715 X1 1/25/2021 0.04%FANNIE MAE 6/01/2038 0.04%FLORIDA EAST COA 5/01/2019 0.04%WELLS FARGO CO 11/02/2043 0.04%EFS VOLUNTEER NO 2 LLC 3/25/2036 0.04%COMCAST CORP 5/15/2018 0.04%SANTANDER US 10/07/2015 0.04%SOUTH CAROLINA ST STUDENT L 10/27/2036 0.04%AMER INTL GROUP 8/15/2018 0.04%VERIZON COMM INC 3/15/2021 0.04%SUPERVALU 3/21/2019 0.04%CITIGROUP MORTGAGE LOAN TRU 2/25/2036 0.04%WENDY'S INTL 5/15/2019 0.04%CHARTER COMM OPE 12/31/2020 0.04%Security% of PortfolioFANNIE MAE 2/01/2039 0.04%FANNIE MAE 10/01/2042 0.04%FREDDIE MAC 4/01/2043 0.04%GLAXOSMITHKLINE 5/15/2038 0.04%GS CAPITAL II 6/01/2043 0.04%GREENPOINT MANUFACTURED HOU 3/18/2029 0.04%COM BK AUSTRALIA 10/15/2014 0.04%BIG HEART PET BR 3/08/2020 0.04%FANNIE MAE 3/25/2042 0.04%AMERICAN AIRLINES INC 6/27/2019 0.04%US TREASURY N/B 12/31/2018 0.04%RBSCF 2013-GSP A 1/13/2032 0.04%VIRGIN MEDIA INVESTMENT H 2/21/2020 0.04%GREENPOINT MANUFACTURED HOU 3/13/2032 0.04%NRG ENERGY INC 7/01/2018 0.04%PHILIP MORRIS IN 3/20/2042 0.04%MORGAN STANLEY MORTGAGE LOA 12/25/2035 0.04%CIT GROUP INC 8/01/2023 0.04%FNA 2014-M4 X2 3/25/2024 0.04%SABINE PASS LIQU 5/15/2024 0.04%INTELSAT JACKSON TL B1 1L 4/02/2018 0.04%WPP FINANCE 9/15/2014 0.04%HCA INC 2/15/2020 0.04%DEVON ENERGY 4/15/2032 0.04%FREDDIE MAC 4/01/2044 0.04%ACCUDYNE INDUS 12/13/2019 0.04%RUSSIA-EUROBOND 3/31/2030 0.04%INDONESIA (REP) 3/13/2020 0.04%UNITED TECH CORP 6/01/2042 0.04%HERTZ VEHICLE FINANCING LLC 8/25/2019 0.04%GNR 208 A 3/01/2035 0.04%ROYAL BK SCOTLND 12/15/2022 0.04%PFP III 6/14/2031 0.04%FREDDIE MAC 4/01/2044 0.04%UNIVISION COMM 9/15/2022 0.04%FRESENIUS MED 1/31/2022 0.04%TELEFONICA EMIS 4/27/2020 0.04%AVIS BUDGET RENTAL CAR FUND 2/20/2020 0.04%TIME WARNER CABL 11/15/2040 0.04%WEST CORP 7/15/2022 0.04%SLM CORP 3/25/2020 0.04%BHP FINANCE USA 9/30/2043 0.04%FANNIE MAE 10/01/2035 0.04%ARCH COAL INC 6/15/2019 0.04%PETROBRAS INTL 1/27/2016 0.04%MIDAMERICAN ENER 9/15/2037 0.04%ROYAL BK SCOTLND 5/28/2024 0.04%PETROBRAS INTL 10/06/2016 0.04%SOUNDVIEW HOME EQUITY LOAN 1/25/2035 0.04%AMER EXPRESS CR 8/25/2014 0.04%KRAFT FOODS GROU 6/06/2022 0.04%FREDDIE MAC 4/01/2044 0.04%FREDDIE MAC 5/15/2043 0.04%FREDDIE MAC 6/15/2027 0.04%AST Portfolio Holdings624 of 635

AST Western Asset Core Plus Bond Portfolio (continued)Security% of PortfolioEATON CORP 11/02/2042 0.04%RESIDENTIAL ASSET SECURITIZ 7/25/2037 0.04%CELULOSA ARAUCO 1/11/2022 0.04%VERIZON COMM INC 4/01/2021 0.04%FREDDIE MAC 4/01/2044 0.04%BANK OF AMER CRP 5/01/2018 0.04%WM WRIGLEY JR CO 10/21/2019 0.04%ARAMARK SERV INC 2/19/2021 0.04%SUMITOMO MITSUI 7/22/2015 0.04%FREDDIE MAC 10/15/2041 0.04%REYNOLDS AMERICA 9/15/2043 0.04%ZOETIS INC 2/01/2023 0.03%MEXICAN PESO 0.03%PROGRESS ENERGY 12/01/2039 0.03%GARDNER DENVER 7/30/2020 0.03%NUMERICABLE 5/15/2022 0.03%WM WRIGLEY JR CO 10/21/2020 0.03%FIRST DATA CORP 3/24/2018 0.03%FANNIE MAE 8/01/2038 0.03%KERR-MCGEE CORP 9/15/2031 0.03%HOMESTAR MORTGAGE ACCEPTANC 1/25/2035 0.03%GEN ELECTRIC CO 10/09/2015 0.03%RENAISSANCE HOME EQUITY LOA 11/25/2036 0.03%WACHOVIA BANK COMMERCIAL MO 7/15/2045 0.03%UNITED BUSINESS 11/03/2020 0.03%REGENCY ENERGY 3/01/2022 0.03%FANNIE MAE 12/01/2033 0.03%FANNIE MAE 5/01/2043 0.03%US TREASURY N/B 8/31/2018 0.03%WELLS FARGO CO 1/15/2044 0.03%METLIFE INC 2/08/2021 0.03%PENN VIRGINIA 6/01/2020 0.03%ALTRIA GROUP INC 5/05/2021 0.03%HEXION US FIN 4/15/2020 0.03%PHILIP MORRIS IN 8/22/2022 0.03%INTL LEASE FIN 9/01/2014 0.03%CONCHO RES/MIDLA 1/15/2022 0.03%SINOPEC GRP OVER 5/17/2017 0.03%WM WRIGLEY JR CO 10/21/2018 0.03%MICHAELS STORES 1/28/2020 0.03%FANNIE MAE 12/01/2031 0.03%PFIZER INC 3/15/2019 0.03%CHESAPEAKE ENRGY 6/15/2021 0.03%TRANSOCEAN INC 3/15/2018 0.03%FORD MOTOR CRED 8/02/2021 0.03%HJ HEINZ CO 6/05/2020 0.03%JPMORGAN CHASE 7/22/2020 0.03%COMCAST CORP 8/15/2037 0.03%CCO HOLDINGS LLC 4/30/2020 0.03%CITIGROUP INC 8/25/2036 0.03%VERIZON COMM INC 3/15/2024 0.03%TIME WARNER INC 3/29/2041 0.03%AT&T INC 2/01/2018 0.03%NIELSEN FINANCE 5/01/2016 0.03%Security% of PortfolioGSAA HOME EQUITY TRUST 3/25/2037 0.03%ANZ NZ INTL/LDN 10/15/2015 0.03%ACMP/ACMP FIN 3/15/2024 0.03%FANNIE MAE 2/01/2044 0.03%APACHE CORP 4/15/2022 0.03%US TREASURY N/B 4/30/2016 0.03%ALTRIA GROUP INC 1/31/2024 0.03%FREDDIE MAC 4/01/2044 0.03%AMERIQUEST MORTGAGE SECURIT 4/25/2034 0.03%UNITEDHEALTH GRP 2/15/2018 0.03%FANNIE MAE 11/01/2031 0.03%CD COMMERCIAL MORTGAGE TRUS 10/15/2048 0.03%SACO I TRUST 6/25/2021 0.03%ABC SUPPLY CO 4/16/2020 0.03%PROGRESS ENERGY 1/15/2021 0.03%FORTESCUE METALS TL B 1L 10/18/2017 0.03%GOLDMAN SACHS GP 7/08/2024 0.03%AT&T INC 6/15/2045 0.03%FANNIE MAE 4/01/2044 0.03%GOLDMAN SACHS GP 7/27/2021 0.03%SPRINT CAP CORP 3/15/2032 0.03%FIRST DATA CORP 1/15/2021 0.03%BANK OF AMER CRP 1/24/2022 0.03%FREDDIE MAC 7/15/2043 0.03%FREDDIE MAC 7/01/2036 0.03%ACR 2013-FL1 D4.168% 6/15/2030 0.03%MEDTRONIC INC 3/15/2020 0.03%TAYLOR MORRISON 4/15/2021 0.03%AMGEN INC 5/22/2024 0.03%ACE SECURITIES CORP. 7/25/2033 0.03%FANNIE MAE 7/01/2043 0.03%WILLIAMS COS 9/01/2021 0.03%HJ HEINZ CO 10/15/2020 0.03%GNSF 5.5 PLATINUM 6/15/2036 0.03%GCCFC COMMERCIAL MORTGAGE T 7/10/2038 0.03%MASTR ADJUSTABLE RATE MORTG 4/21/2034 0.03%IMP TOBACCO FIN 2/11/2018 0.03%CITIGROUP INC 5/29/2049 0.03%CSC HOLDINGS LLC 4/17/2020 0.03%BANK OF AMER CRP 3/15/2017 0.03%FANNIE MAE 4/01/2044 0.03%GOVERNMENT NATIONAL MORTGAG 10/20/2037 0.03%BK TOKYO-MIT UFJ 1/22/2015 0.03%WASTE MANAGEMENT 5/15/2024 0.03%REYNOLDS GROUP 2/15/2021 0.03%COMM MORTGAGE TRUST 4/12/2035 0.03%WF-RBS COMMERCIAL MORTGAGE 6/15/2045 0.03%FANNIE MAE 4/01/2044 0.03%BANC OF AMERICA MORTGAGE SE 1/25/2036 0.03%FANNIE MAE 9/01/2043 0.03%AVIS BUDGET RENTAL CAR FUND 9/20/2019 0.03%GSMS 2013-GC16 B 11/10/2046 0.03%THERMO FISHER 8/15/2021 0.03%FANNIE MAE 9/01/2041 0.03%AST Portfolio Holdings625 of 635

AST Western Asset Core Plus Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 5/01/2042 0.03%FICO STRIP PRIN 5/11/2018 0.03%FANNIE MAE 5/25/2042 0.03%ANHEUSER-BUSCH 4/15/2020 0.03%NATL AUSTR BK LT 8/07/2015 0.03%FANNIE MAE 2/25/2017 0.03%THORNBURG MORTGAGE SECURITI 9/25/2037 0.03%FREDDIE MAC 4/01/2044 0.03%TIME WARNER INC 1/15/2021 0.03%MORGAN STANLEY CAPITAL INC 10/25/2033 0.03%FANNIE MAE 9/25/2041 0.03%RANGE RESOURCES 3/15/2023 0.03%MEXICAN BONOS 12/05/2024 0.03%LORILLARD TOBACC 5/20/2023 0.03%FREMONT HOME LOAN TRUST 12/25/2033 0.03%CITIGROUP INC 12/31/2049 0.03%METLIFE INC 2/06/2041 0.03%HUMANA INC 12/01/2022 0.03%SCHAEFFLER TL E 5/12/2020 0.03%JPMORGAN CHASE 9/23/2022 0.03%GREENPOINT MANUFACTURED HOU 2/20/2032 0.03%FLYING FORTRESS 6/30/2017 0.03%UAL-CALL 9/15/2015 0.03%FANNIE MAE 1/01/2043 0.03%FANNIE MAE 6/01/2031 0.03%FICO STRIP PRIN 8/03/2018 0.03%PEOPLE'S CHOICE HOME LOAN S 10/25/2034 0.03%CAROLINA P & L 5/15/2022 0.03%WILSONART INTERN 10/31/2019 0.03%CITIGROUP COMMERCIAL MORTGA 10/15/2049 0.03%RBS NV EX-ABN NV 6/04/2018 0.03%FRESENIUS MED 7/15/2017 0.03%ROCHE HLDGS INC 3/01/2019 0.03%TELESAT CANADA INC(BL) 3/08/2019 0.03%INTESA SANPAOLO 8/12/2015 0.03%WILLIAMS COS INC 1/15/2031 0.02%FANNIE MAE 4/01/2031 0.02%FANNIE MAE 7/01/2021 0.02%VISANT CORP 12/22/2016 0.02%LANGUAGE LINE 6/20/2016 0.02%FANNIE MAE 12/01/2042 0.02%WELLS FARGO CAP 12/15/2036 0.02%FANNIE MAE 7/01/2043 0.02%BRITISH TEL PLC 1/15/2018 0.02%FANNIE MAE 8/01/2037 0.02%WELLS FARGO CO 1/16/2018 0.02%FREDDIE MAC 12/15/2031 0.02%FANNIE MAE 5/01/2037 0.02%DELTA AIR 20091A 12/17/2019 0.02%CVS PASS-THROUGH 12/10/2028 0.02%COMCAST CORP 7/01/2039 0.02%FREDDIE MAC 3/01/2038 0.02%WELLS FARGO CO 2/13/2023 0.02%JP MORGAN CHASE COMMERCIAL 2/12/2051 0.02%Security% of PortfolioGSMPS MORTGAGE LOAN TRUST 3/25/2035 0.02%GOVERNMENT NATIONAL MORTGAG 9/20/2040 0.02%FANNIE MAE 10/01/2043 0.02%REYNOLDS AMERICA 11/01/2022 0.02%FREDDIE MAC 4/01/2043 0.02%CHRYSLER GP/CG C 6/15/2019 0.02%FANNIE MAE 2/01/2028 0.02%FANNIE MAE 12/01/2042 0.02%BEAR STEARNS COMMERCIAL MOR 6/11/2050 0.02%COM BK AUSTRALIA 10/15/2019 0.02%STATOIL ASA 8/17/2017 0.02%INDYMAC INDX MORTGAGE LOAN 10/25/2036 0.02%RAYTHEON CO 10/15/2020 0.02%TYZ4S US 10YR NOTE (CBT) 1/05/2015 0.02%JP MORGAN MORTGAGE TRUST 8/25/2035 0.02%FANNIE MAE 6/01/2043 0.02%COBALT CMBS COMMERCIAL MORT 4/15/2047 0.02%GOVERNMENT NATIONAL MORTGAG 6/20/2040 0.02%WALTER ENERGY 4/02/2018 0.02%NOVASTAR HOME EQUITY LOAN 12/25/2033 0.02%LB COMMERCIAL CONDUIT MORTG 7/15/2044 0.02%GOVERNMENT NATIONAL MORTGAG 4/16/2040 0.02%FREDDIE MAC 8/01/2043 0.02%ACTIVISION BLIZZ 9/15/2021 0.02%WAMU MORTGAGE PASS-THROUGH 2/25/2033 0.02%FHLMC MULTIFAMILY STRUCTURE 4/25/2020 0.02%PERNOD-RICARD SA 1/15/2042 0.02%US TREASURY N/B 5/31/2019 0.02%BARRICK NA FIN 5/30/2021 0.02%S FRWD EUR 8/14/2014 0.02%FICO STRIP PRIN 4/06/2018 0.02%FMG RES 4/01/2022 0.02%GEN ELECTRIC CO 3/11/2044 0.02%HCA INC 3/15/2022 0.02%BALL CORP 3/15/2022 0.02%JPMORGAN CHASE 1/24/2022 0.02%FANNIE MAE 12/01/2042 0.02%PEPSICO INC 11/01/2018 0.02%CITIGROUP CAP 0.02%BARRICK GOLD COR 4/01/2022 0.02%CALPINE CORP 1/15/2024 0.02%BANK OF AMER CRP 6/01/2019 0.02%DEVON ENERGY 12/15/2018 0.02%APACHE CORP 4/15/2043 0.02%FICO STRIP PRN-7 8/03/2018 0.02%MORGAN STANLEY MORTGAGE LOA 7/25/2034 0.02%ENVISION HEALTH 5/25/2018 0.02%BPCE 7/21/2024 0.02%LB-UBS COMMERCIAL MORTGAGE 9/15/2045 0.02%FANNIE MAE 5/01/2041 0.02%FMG RES 4/01/2017 0.02%TURKEY REP OF 3/30/2021 0.02%BHP FINANCE USA 11/21/2021 0.02%AT&T INC 3/11/2024 0.02%AST Portfolio Holdings626 of 635

AST Western Asset Core Plus Bond Portfolio (continued)Security% of PortfolioFANNIE MAE 12/01/2043 0.02%US TREASURY N/B 6/30/2019 0.02%MSBAM 2013-C7 AS 2/15/2046 0.02%CVS CAREMARK 6/01/2017 0.02%FANNIE MAE 7/01/2043 0.02%DISH DBS CORP 7/15/2022 0.02%FANNIE MAE 5/25/2034 0.02%LYONDELLBASELL 11/15/2021 0.02%FANNIE MAE 5/01/2043 0.02%PACIFIC GAS&ELEC 10/15/2018 0.02%ADS WASTE HLDGS 10/09/2019 0.02%CREDIT SUISSE MORTGAGE TRUS 1/15/2049 0.02%NOBLE ENERGY INC 11/15/2043 0.02%EL PASO CORP 1/15/2032 0.02%RIO TINTO FINANC 12/14/2018 0.02%INDONESIA (REP) 5/05/2021 0.02%GREENPOINT MANUFACTURED HOU 2/20/2030 0.02%GREENPOINT MANUFACTURED HOU 6/19/2029 0.02%JOHN DEERE CAP 4/03/2018 0.02%GEN ELEC CAP CRP 7/02/2015 0.02%MARKWEST ENERGY 6/15/2022 0.02%FREDDIE MAC 12/01/2038 0.02%CITIGROUP INC 5/06/2044 0.02%SANTANDER US 1/20/2015 0.02%RBSGC MORTGAGE PASS THROUGH 1/25/2037 0.02%AT&T INC 2/15/2022 0.02%SUNGARD DATA 3/08/2020 0.02%FREDDIE MAC 7/01/2043 0.02%AMERICOLD LLC TRUST 1/14/2029 0.02%FANNIE MAE 1/01/2043 0.02%GLENCORE FDG LLC 1/15/2019 0.02%FREDDIE MAC 7/01/2043 0.02%WACHOVIA BANK COMMERCIAL MO 12/15/2043 0.02%VERIZON COMM INC 11/01/2022 0.02%FIRSTENERGY CORP 3/15/2018 0.02%CHESAPEAKE ENRGY 2/15/2021 0.02%GOVERNMENT NATIONAL MORTGAG 8/20/2058 0.02%UBS-BARCLAYS COMMERCIAL MOR 12/10/2045 0.02%ATWOOD OCEANICS 2/01/2020 0.02%BRAZILIAN REAL 0.02%GOVERNMENT NATIONAL MORTGAG 11/20/2040 0.02%DOMINION RES 1/15/2019 0.02%WACHOVIA CORP 2/01/2018 0.02%VEDANTA RESOURCE 7/18/2018 0.02%FORD MOTOR CRED 2/01/2021 0.02%FHLMC GOLD 3/01/2039 0.02%FREDDIE MAC 4/01/2044 0.02%FANNIE MAE 6/25/2039 0.02%INTESA SANPAOLO 1/15/2016 0.02%FANNIE MAE 4/01/2044 0.02%KROGER CO/THE 1/15/2021 0.02%WF-RBS COMMERCIAL MORTGAGE 3/15/2047 0.02%FREDDIE MAC 5/15/2043 0.02%MEXICAN BONOS 6/11/2020 0.02%Security% of PortfolioUK POUND STERLING 0.02%INDONESIA (REP) 1/15/2024 0.02%MASTR ALTERNATIVE LOANS TRU 9/25/2034 0.02%CATERPILLAR FINL 4/15/2018 0.02%CITIGROUP INC 2/15/2023 0.02%HYUNDAI CAPITAL 10/02/2017 0.02%FANNIE MAE 6/01/2043 0.02%ALLY FINANCIAL 1/27/2019 0.02%GOVERNMENT NATIONAL MORTGAG 6/20/2043 0.02%FANNIE MAE 8/25/2019 0.02%FANNIE MAE 9/25/2027 0.02%EXTENDED STAY AMERICA TRUST 12/05/2031 0.02%RBSSP RESECURITIZATION TRUS 12/26/2035 0.02%FANNIE MAE 4/01/2044 0.02%FHLMC MULTIFAMILY STRUCTURE 6/25/2020 0.02%UBS-BARCLAYS COMMERCIAL MOR 12/10/2045 0.02%EQUIPOWER RESOURCES TL 1L 12/21/2018 0.02%AMER INTL GROUP 3/15/2037 0.02%FREDDIE MAC 8/15/2032 0.02%UAL 2009-2A 1/15/2017 0.02%FANNIEMAE STRIP 11/25/2039 0.02%FANNIE MAE 11/01/2043 0.02%COMM 2013-CR12 AM 10/10/2046 0.02%EATON CORP 11/02/2017 0.02%GOVERNMENT NATIONAL MORTGAG 6/16/2043 0.02%KINDER MORGAN EN 2/15/2020 0.02%FANNIE MAE 4/01/2037 0.02%COUNTRYWIDE ASSET-BACKED CE 7/25/2034 0.02%GOVERNMENT NATIONAL MORTGAG 5/15/2040 0.02%CVS PASS-THROUGH 1/10/2030 0.02%TIME WARNER CABL 2/01/2020 0.02%FREDDIE MAC 9/01/2039 0.02%XSTRATA FIN CAN 11/15/2016 0.02%TIME WARNER ENT 7/15/2033 0.02%FANNIE MAE 9/01/2033 0.02%WF-RBS COMMERCIAL MORTGAGE 6/15/2046 0.02%LYONDELLBASELL 4/15/2024 0.02%COUNTRYWIDE ASSET-BACKED CE 7/25/2036 0.02%JPMBB COMMERCIAL MORTGAGE S 11/15/2045 0.02%FANNIE MAE 1/01/2044 0.02%FREDDIE MAC 6/01/2041 0.02%FANNIE MAE 5/01/2041 0.02%GOVERNMENT NATIONAL MORTGAG 12/20/2039 0.02%CAESARS ENT OPCO 1/28/2018 0.02%BRITISH TEL PLC 12/15/2030 0.02%WELLPOINT INC 2/15/2019 0.02%NOMURA ASSET ACCEPTANCE COR 6/25/2036 0.02%CLIFFS NATURAL 10/01/2020 0.02%EURO 0.01%BEAR STEARNS ASSET BACKED S 9/25/2034 0.01%MARKWEST ENERGY 2/15/2023 0.01%DISH DBS CORP 3/15/2023 0.01%FANNIE MAE 1/01/2044 0.01%PERRIGO CO PLC 11/15/2023 0.01%AST Portfolio Holdings627 of 635

AST Western Asset Core Plus Bond Portfolio (continued)Security% of PortfolioCONTINENTAL RES 4/15/2023 0.01%WELLPOINT INC 9/10/2015 0.01%HOMESTAR MORTGAGE ACCEPTANC 7/25/2034 0.01%NORDEA BANK AB 9/21/2022 0.01%CITIGROUP INC 10/15/2014 0.01%US TREASURY N/B 2/15/2024 0.01%STRUCTURED ADJUSTABLE RATE 7/25/2034 0.01%RANGE RESOURCES 8/15/2022 0.01%SHELF DRL HOLD 11/01/2018 0.01%MORGAN STANLEY BAML TRUST 11/15/2045 0.01%FANNIE MAE 1/01/2044 0.01%GOVERNMENT NATIONAL MORTGAG 10/16/2042 0.01%UNITEDHEALTH GRP 11/15/2021 0.01%TIME WARNER INC 3/29/2021 0.01%FANNIE MAE 9/01/2037 0.01%UBS AG STAMFORD 1/15/2015 0.01%SESI LLC 12/15/2021 0.01%WAMU MORTGAGE PASS-THROUGH 2/25/2037 0.01%GOLDMAN SACHS GP 10/01/2037 0.01%GEN MOTORS FIN 5/15/2016 0.01%FANNIE MAE 9/25/2040 0.01%SUMITOMO MITSUI 1/14/2016 0.01%FANNIE MAE 9/01/2033 0.01%FANNIEMAE STRIP 11/25/2041 0.01%MORGAN STANLEY BAML TRUST 8/15/2045 0.01%FIRST DATA CORP 11/01/2020 0.01%CITIGROUP COMMERCIAL MORTGA 12/10/2049 0.01%WINDSTREAM CORP 1/23/2020 0.01%DISH DBS CORP 9/01/2019 0.01%FANNIE MAE 5/01/2041 0.01%FANNIE MAE 11/01/2035 0.01%FANNIE MAE 5/01/2041 0.01%WAMU MORTGAGE PASS-THROUGH 3/25/2037 0.01%CELGENE CORP 5/15/2024 0.01%GSR MORTGAGE LOAN TRUST 7/25/2035 0.01%ROCK-TENN CO 3/01/2020 0.01%RIO TINTO FINANC 7/15/2018 0.01%WYETH LLC 4/01/2017 0.01%GOVERNMENT NATIONAL MORTGAG 2/20/2038 0.01%PVH CORP 2/13/2020 0.01%BANK OF AMER CRP 7/01/2020 0.01%PEPSICO INC 3/05/2042 0.01%STRUCTURED ASSET SECURITIES 9/25/2035 0.01%JPMORGAN CHASE 8/15/2021 0.01%WYETH 4/01/2037 0.01%KROGER CO/THE 4/15/2038 0.01%GSR MORTGAGE LOAN TRUST 11/25/2035 0.01%CONOCOPHILLIPS 1/15/2020 0.01%FANNIE MAE 7/25/2042 0.01%FANNIE MAE 10/25/2026 0.01%FICO STRIP PRN-6 8/03/2018 0.01%GILEAD SCIENCES 4/01/2024 0.01%QEP RESOURCES 3/01/2021 0.01%GEN MOTORS FIN 5/15/2023 0.01%Security% of PortfolioUS TREASURY N/B 1/31/2021 0.01%LYONDELLBASELL 4/15/2019 0.01%FANNIE MAE 7/01/2033 0.01%OCCIDENTAL PETE 2/15/2022 0.01%FANNIE MAE 4/25/2032 0.01%NEWS AMER INC 2/15/2021 0.01%BBVA US SENIOR 10/09/2015 0.01%BALL CORP 11/15/2023 0.01%FICO STRIP PRN-8 8/03/2018 0.01%WAL-MART STORES 2/15/2018 0.01%BEAR STEARNS ADJUSTABLE RAT 10/25/2036 0.01%FANNIE MAE 6/01/2043 0.01%FANNIEMAE STRIP 4/25/2027 0.01%FANNIE MAE 6/01/2041 0.01%JOHN DEERE CAP 1/15/2020 0.01%CHEVY CHASE MORTGAGE FUNDIN 7/25/2036 0.01%WELLS FARGO COMMERCIAL MORT 7/15/2046 0.01%MALAYSIA RINGGIT 0.01%JPMBB COMMERCIAL MORTGAGE S 1/15/2047 0.01%FANNIE MAE 6/01/2033 0.01%ECOLAB INC 12/08/2021 0.01%MORGAN STANLEY 3/22/2017 0.01%CONTINENTAL RESO 6/01/2024 0.01%STRUCTURED ADJUSTABLE RATE 9/25/2034 0.01%TURKEY REP OF 3/11/2019 0.01%FANNIE MAE 11/25/2042 0.01%GEN MOTORS FIN 5/15/2018 0.01%ING US INC 2/15/2018 0.01%ROGERS COMM INC 8/15/2018 0.01%GNR 200 IO 8/16/2052 0.01%BANK OF AMER CRP 12/01/2017 0.01%FANNIE MAE 4/25/2040 0.01%FANNIE MAE 1/01/2043 0.01%FANNIEMAE STRIP 11/25/2026 0.01%GNR 208 IO 6/16/2055 0.01%MLCC MORTGAGE INVESTORS INC 2/25/2036 0.01%CHEVY CHASE MORTGAGE FUNDIN 1/25/2036 0.01%CD COMMERCIAL MORTGAGE TRUS 1/15/2046 0.01%WILLIAMS COS 3/15/2032 0.01%TAYLOR MORRISON 4/15/2020 0.01%HJ HEINZ CO 6/07/2019 0.01%GOVERNMENT NATIONAL MORTGAG 1/20/2041 0.01%BEAR STEARNS ADJUSTABLE RAT 2/25/2036 0.01%FHMS K017 X1 12/01/2021 0.01%ADJUSTABLE RATE MORTGAGE TR 7/25/2035 0.01%FANNIE MAE 3/25/2042 0.01%FANNIE MAE 1/25/2041 0.01%ROYAL BK SCOTLND 9/30/2031 0.01%PLAINS EXPLORATI 11/15/2020 0.01%MORGAN STANLEY CAPITAL I TR 6/11/2049 0.01%FANNIE MAE 11/25/2036 0.01%FREEPORT-MC C&G 3/15/2018 0.01%FANNIE MAE 6/01/2043 0.01%WAMU MORTGAGE PASS-THROUGH 9/25/2036 0.01%AST Portfolio Holdings628 of 635

AST Western Asset Core Plus Bond Portfolio (continued)Security% of PortfolioJ CREW GROUP TL 1L B 3/07/2018 0.01%FANNIE MAE 6/01/2043 0.01%GOVERNMENT NATIONAL MORTGAG 6/20/2041 0.01%HARBORVIEW MORTGAGE LOAN TR 1/19/2035 0.01%FANNIE MAE 12/01/2042 0.01%ROCK-TENN CO 3/01/2023 0.01%FANNIE MAE 12/25/2027 0.01%ADJUSTABLE RATE MORTGAGE TR 9/25/2035 0.01%NEWS AMER INC 8/15/2039 0.01%ACR 2013-FL1 C3.168% 6/15/2030 0.01%REGENCY ENERGY 7/15/2021 0.01%CITIGROUP MORTGAGE LOAN TRU 10/25/2035 0.01%COX COMMUN INC 12/15/2014 0.01%FANNIE MAE 4/01/2041 0.01%GOVERNMENT NATIONAL MORTGAG 5/20/2043 0.01%GOVERNMENT NATIONAL MORTGAG 8/16/2042 0.01%REGENCY ENERGY 11/01/2023 0.01%FANNIE MAE 11/25/2042 0.01%THERMO FISHER 2/01/2044 0.01%WAL-MART STORES 4/15/2038 0.01%FREDDIE MAC 5/15/2039 0.01%BANC OF AMERICA COMMERCIAL 9/10/2047 0.01%ABB FINANCE USA 5/08/2042 0.01%CATHOLIC HEALTH 11/01/2042 0.01%DISH DBS CORP 5/01/2020 0.01%COMM 2013-CR12 B 10/10/2046 0.01%FICO STRIP PRN11 2/08/2018 0.01%BEAR STEARNS ASSET BACKED S 10/25/2033 0.01%S FRWD EUR 8/14/2014 0.01%GOLDMAN SACHS GP 7/19/2018 0.01%RIO TINTO FINANC 5/20/2021 0.01%WAMU MORTGAGE PASS-THROUGH 9/25/2033 0.01%INDONESIA (REP) 3/13/2020 0.01%FANNIE MAE 6/01/2043 0.01%VERIZON COMM INC 12/01/2030 0.01%FANNIE MAE 6/01/2043 0.01%FREDDIE MAC 6/01/2043 0.01%COUNTRYWIDE HOME EQUITY LOA 11/15/2036 0.01%FANNIE MAE 9/01/2033 0.01%FANNIE MAE 4/01/2043 0.01%FANNIE MAE 3/25/2042 0.01%FANNIE MAE 7/25/2027 0.01%BANC OF AMERICA MORTGAGE SE 9/25/2033 0.01%FANNIE MAE 10/25/2040 0.01%GEN ELEC CAP CRP 10/17/2021 0.01%FANNIE MAE 4/01/2042 0.01%CGRBS 2013-VN05 A 3/01/2035 0.01%COUNTRYWIDE FINL 5/15/2016 0.01%INDONESIA (REP) 10/17/2023 0.01%NATL SEMICOND 6/15/2017 0.01%CHEVY CHASE MORTGAGE FUNDIN 10/25/2035 0.01%COMCAST CORP 6/15/2035 0.01%CONTINENTAL RES 9/15/2022 0.01%GOLDMAN SACHS GP 4/01/2018 0.01%Security% of PortfolioCHEVY CHASE MORTGAGE FUNDIN 8/25/2035 0.01%INTELSAT JACKSON 4/01/2021 0.01%CONCHO RES/MIDLA 4/01/2023 0.01%MEDTRONIC INC 3/15/2022 0.01%DAIMLER FINANCE 7/31/2015 0.01%MERRILL LYNCH 5/16/2016 0.01%FIRST DATA CORP 9/24/2018 0.01%FANNIE MAE 12/01/2031 0.01%FANNIE MAE 12/25/2042 0.01%UNITEDHEALTH GRP 2/15/2038 0.01%JP MORGAN CHASE COMMERCIAL 2/12/2051 0.01%MOLSON COORS 5/01/2022 0.01%FREDDIE MAC 9/15/2037 0.01%ARAMARK SERV INC 7/26/2016 0.01%FREDDIE MAC 8/15/2039 0.01%COMM MORTGAGE TRUST 10/15/2045 0.01%FHLMC MULTIFAMILY STRUCTURE 9/25/2022 0.01%CITIGROUP INC 7/30/2022 0.01%NEWS AMER INC 1/09/2038 0.01%FANNIE MAE 4/01/2033 0.01%FANNIE MAE 6/01/2043 0.01%FREDDIE MAC 10/15/2032 0.01%WELLS FARGO CO 10/01/2014 0.01%BEAR STEARNS ADJUSTABLE RAT 2/25/2036 0.01%FREDDIE MAC 11/15/2041 0.01%COUNTRYWIDE HOME LOANS 9/25/2035 0.01%RESIDENTIAL ACCREDIT LOANS, 1/25/2037 0.01%BERKSHIRE HATHWY 2/11/2015 0.01%CALPINE CORP 1/15/2023 0.01%TIME WARNER CABL 9/01/2041 < 0.01%FANNIE MAE 11/25/2042 < 0.01%FANNIE MAE 6/01/2043 < 0.01%ROYAL BK SCOTLND 9/18/2015 < 0.01%S FRWD JPY 8/14/2014 < 0.01%VIRGIN MEDIA SEC 4/15/2021 < 0.01%GOVERNMENT NATIONAL MORTGAG 7/20/2040 < 0.01%FANNIE MAE 12/25/2042 < 0.01%INDONESIA (REP) 4/25/2022 < 0.01%RIO TINTO FINANC 11/02/2020 < 0.01%TRANSOCEAN INC 12/15/2021 < 0.01%ANADARKO FINANCE 5/01/2031 < 0.01%FANNIE MAE 3/25/2042 < 0.01%FANNIE MAE 12/25/2042 < 0.01%BANC OF AMERICA MORTGAGE SE 9/25/2035 < 0.01%HARBORVIEW MORTGAGE LOAN TR 1/19/2035 < 0.01%AT&T INC 5/15/2021 < 0.01%HBOS PLC 5/21/2018 < 0.01%FANNIE MAE 12/01/2042 < 0.01%FANNIE MAE 12/25/2039 < 0.01%FANNIE MAE 5/01/2041 < 0.01%TRANSOCEAN INC 12/15/2016 < 0.01%GOVERNMENT NATIONAL MORTGAG 7/20/2041 < 0.01%IMPAC SECURED ASSETS CORP. 8/25/2036 < 0.01%FANNIE MAE 6/01/2040 < 0.01%AST Portfolio Holdings629 of 635

AST Western Asset Core Plus Bond Portfolio (continued)Security% of PortfolioGREENPOINT MORTGAGE FUNDING 10/25/2045 < 0.01%FANNIE MAE 3/01/2044 < 0.01%FREDDIE MAC 11/15/2042 < 0.01%COUNTRYWIDE HOME LOANS 11/20/2034 < 0.01%DEVON ENERGY 1/15/2019 < 0.01%FANNIE MAE 6/01/2043 < 0.01%SOUNDVIEW HOME EQUITY LOAN 10/25/2036 < 0.01%FANNIE MAE 6/01/2043 < 0.01%FREDDIE MAC 6/01/2043 < 0.01%FREDDIE MAC 6/01/2043 < 0.01%FANNIE MAE 6/01/2043 < 0.01%FREDDIE MAC 6/01/2043 < 0.01%FREDDIE MAC 5/01/2043 < 0.01%COUNTRYWIDE HOME EQUITY LOA 11/15/2036 < 0.01%TEVA PHARM FIN 11/10/2021 < 0.01%COMM 2013-CR12 C 10/10/2046 < 0.01%TELEFONICA EMIS 7/03/2017 < 0.01%FREDDIE MAC 6/01/2043 < 0.01%GREENPOINT MORTGAGE FUNDING 4/25/2036 < 0.01%FANNIE MAE 9/01/2042 < 0.01%BEAR STEARNS ASSET BACKED S 10/25/2036 < 0.01%FICO STRIP PRN19 6/06/2019 < 0.01%FANNIE MAE 1/01/2043 < 0.01%FANNIE MAE 1/01/2043 < 0.01%FANNIE MAE 2/01/2043 < 0.01%FREDDIE MAC 8/15/2042 < 0.01%KINDER MORGAN 2/15/2021 < 0.01%WELLS FARGO MORTGAGE BACKED 4/25/2036 < 0.01%ACMP/ACMP FIN 4/15/2021 < 0.01%BP CAPITAL PLC 11/01/2021 < 0.01%RESIDENTIAL ASSET MORTGAGE 5/25/2032 < 0.01%US TREASURY N/B 7/31/2016 < 0.01%S FRWD PLZ 8/14/2014 < 0.01%FANNIE MAE 1/01/2041 < 0.01%FHMS K016 X1 1/01/2021 < 0.01%MLCC MORTGAGE INVESTORS INC 2/25/2036 < 0.01%S FRWD EUR 8/14/2014 < 0.01%GOVERNMENT NATIONAL MORTGAG 8/20/2040 < 0.01%TELECOM IT CAP 6/18/2019 < 0.01%CHESAPEAKE ENRGY 11/15/2020 < 0.01%MALAYSIAN RINGGIT < 0.01%FANNIE MAE 8/01/2037 < 0.01%GOVERNMENT NATIONAL MORTGAG 1/20/2040 < 0.01%GOVERNMENT NATIONAL MORTGAG 3/20/2039 < 0.01%GOVERNMENT NATIONAL MORTGAG 11/20/2036 < 0.01%FREDDIE MAC 11/15/2036 < 0.01%FANNIE MAE 5/01/2037 < 0.01%KINDER MORGAN 11/15/2023 < 0.01%FIRST HORIZON MORTGAGE PASS 2/25/2035 < 0.01%BEAR STEARNS ALT-A TRUST 11/25/2034 < 0.01%JOHN DEERE CAP 4/17/2019 < 0.01%FANNIE MAE 12/25/2040 < 0.01%FANNIE MAE 1/01/2037 < 0.01%FREDDIE MAC 11/15/2042 < 0.01%Security% of PortfolioFANNIE MAE 11/01/2028 < 0.01%GOVERNMENT NATIONAL MORTGAG 2/20/2042 < 0.01%FANNIE MAE 7/25/2043 < 0.01%FREDDIE MAC 9/15/2031 < 0.01%FANNIE MAE 12/25/2042 < 0.01%FANNIE MAE 5/01/2040 < 0.01%GOVERNMENT NATIONAL MORTGAG 1/20/2041 < 0.01%BEAR STEARNS ADJUSTABLE RAT 10/25/2035 < 0.01%WACHOVIA MORTGAGE LOAN TRUS 8/20/2035 < 0.01%GOVERNMENT NATIONAL MORTGAG 12/20/2041 < 0.01%FANNIE MAE 9/01/2039 < 0.01%FREDDIE MAC 11/15/2042 < 0.01%TELEFONICA EMIS 6/20/2016 < 0.01%QVC INC 3/15/2043 < 0.01%COMCAST CABLE CO 11/15/2022 < 0.01%ALTRIA GROUP INC 11/10/2038 < 0.01%FREDDIE MAC 4/15/2033 < 0.01%S FRWD JPY 8/14/2014 < 0.01%STRUCTURED ADJUSTABLE RATE 6/25/2035 < 0.01%FANNIE MAE 5/01/2040 < 0.01%FANNIE MAE 6/01/2043 < 0.01%FREDDIEMAC STRIP 10/15/2027 < 0.01%FANNIE MAE 7/01/2043 < 0.01%FANNIE MAE 2/01/2041 < 0.01%MARKWEST ENERGY 7/15/2023 < 0.01%COX COMMUN INC 6/01/2038 < 0.01%FANNIE MAE 6/01/2043 < 0.01%JPMORGAN CHASE 10/15/2020 < 0.01%HARBORVIEW MORTGAGE LOAN TR 1/19/2035 < 0.01%FANNIE MAE 12/01/2042 < 0.01%FANNIE MAE 1/01/2043 < 0.01%FREDDIE MAC 11/01/2042 < 0.01%FANNIE MAE 7/01/2040 < 0.01%FANNIE MAE 1/01/2043 < 0.01%FANNIE MAE 12/01/2042 < 0.01%GOVERNMENT NATIONAL MORTGAG 4/20/2040 < 0.01%FREDDIE MAC 7/15/2042 < 0.01%FANNIE MAE 2/25/2041 < 0.01%FANNIE MAE 5/01/2040 < 0.01%FANNIE MAE 8/01/2037 < 0.01%FREDDIE MAC 1/15/2040 < 0.01%FANNIE MAE 8/01/2039 < 0.01%BANC OF AMERICA FUNDING COR 9/20/2035 < 0.01%FANNIE MAE 3/01/2038 < 0.01%FANNIE MAE 2/01/2034 < 0.01%FANNIE MAE 1/01/2039 < 0.01%GOVERNMENT NATIONAL MORTGAG 9/20/2040 < 0.01%FANNIE MAE 12/01/2039 < 0.01%RUSSIAN ROUBLE < 0.01%TIME WARNER CABL 5/01/2037 < 0.01%TIME WARNER CABL 9/15/2042 < 0.01%FANNIE MAE 3/01/2037 < 0.01%BANK OF AMER CRP 8/01/2016 < 0.01%COX COMMUN INC 12/15/2042 < 0.01%AST Portfolio Holdings630 of 635

AST Western Asset Core Plus Bond Portfolio (continued)Security% of PortfolioDEVON FINANCING 9/30/2031 < 0.01%FANNIE MAE 7/25/2042 < 0.01%FANNIE MAE 3/01/2040 < 0.01%FANNIE MAE 4/01/2037 < 0.01%GOVERNMENT NATIONAL MORTGAG 4/20/2041 < 0.01%CONCHO RES/MIDLA 10/01/2022 < 0.01%GOVERNMENT NATIONAL MORTGAG 4/16/2034 < 0.01%UNITEDHEALTH GRP 3/15/2019 < 0.01%FVU4 FUT 120 C 8/30/2014 < 0.01%NEW ZEALAND DOLLA < 0.01%TYU4C 10YR126.5C 8/28/2014 < 0.01%TYU4P 10YR123P 8/27/2014 < 0.01%FVU4C 5YR119C 8/27/2014 < 0.01%TYU4P 10YR123.5P 8/29/2014 < 0.01%TYV4P 10YR122.5P 9/30/2014 < 0.01%TYU4C 10YR126.0C 9/01/2014 < 0.01%TYV4P 10YR121P 10/03/2014 < 0.01%TYV4C 10YR126C 10/03/2014 < 0.01%TYU4C 10YR125.5C 8/27/2014 < 0.01%FUT136P 8/27/2014 < 0.01%USU4C FUT139C 8/27/2014 < 0.01%TYU4P 10YR124P 8/27/2014 < 0.01%USU4P FUT137P 8/27/2014 < 0.01%TYV4C 10YR124.5C 10/01/2014 < 0.01%USU4C FUT138C 8/29/2014 < 0.01%USV4C FUT138C 10/01/2014 < 0.01%TYV4P 10YR123.5P 10/01/2014 < 0.01%USU4P FUT135P 8/29/2014 < 0.01%TYV4C 10YR125C 10/01/2014 < 0.01%TYV4P 10YR123P 10/01/2014 < 0.01%TYU4C 10YR125C 8/27/2014 < 0.01%L FRWD PLZ 8/14/2014 < 0.01%(S) CME CDX.HY.20.V1 6/20/2018 -0.01%L FRWD EUR 8/14/2014 -0.01%(S) CME CDX.NA.HY.22 6/20/2019 -0.01%631 of 635AST Portfolio Holdings

AST Western Asset Emerging Markets Debt PortfolioSecurity% of PortfolioVENEZUELA 10/13/2019 6.25%RUSSIAN FEDERATION 2.25 3/31/2030 3.92%INDONESIA (REP) 1/17/2042 2.67%REP OF POLAND 3/23/2022 2.39%BRAZIL NTN-F 1/01/2017 2.32%PRUDENTIAL CORE INVESTMENT 2.28%REPUBLIC OF PERU 3/14/2037 2.22%TURKEY REP OF 5/30/2040 1.81%MEXICAN BONOS 6/09/2022 1.75%INDONESIA (REP) 1/15/2024 1.71%PETROLEOS MEXICA 6/02/2041 1.55%HUNGARY 11/22/2023 1.50%UNITED MEXICAN 1/11/2040 1.49%TURKEY REP OF 9/26/2022 1.47%VENEZUELA 9/15/2027 1.41%COLOMBIA REP OF 2/26/2044 1.41%TURKEY REP OF 7/14/2017 1.38%PETROLEOS MEXICA 1/23/2045 1.37%MEXICAN BONOS 11/13/2042 1.37%KAZMUNAYGAS NAT 5/05/2020 1.31%VIMPELCOM HLDGS 3/01/2022 1.10%ARGNT BODEN 10/03/2015 1.10%VALE OVERSEAS 11/21/2036 1.10%COLOMBIA REP OF 1/18/2041 1.09%INDONESIA (REP) 4/25/2022 1.07%LITHUANIA 3/09/2021 1.07%TURKEY REP OF 3/23/2023 1.04%COLOMBIA REP OF 2/26/2024 0.96%SOUTHERN COPPER 4/16/2040 0.96%CEMEX FINANCE 10/12/2022 0.91%PETROLEOS MEXICA 1/24/2022 0.89%CODELCO INC 7/17/2022 0.84%VALE OVERSEAS 1/11/2022 0.83%ODEBRECHT FINANC 6/27/2029 0.82%REPUBLIC OF PERU 11/18/2050 0.81%PACIFIC RUBIALES 3/28/2023 0.81%AXTEL SAB 1/31/2020 0.81%EMPRESAS ICA SOC 5/29/2024 0.77%PETRONAS CAP LTD 8/12/2019 0.76%DOLPHIN ENERGY 12/15/2021 0.74%CEMEX SAB 1/11/2018 0.72%PETROLEOS MEXICA 1/18/2024 0.72%REP OF SRI LANKA 1/14/2019 0.71%LUKOIL INTL FIN 6/07/2022 0.71%VEDANTA RESOURCE 1/31/2019 0.66%PERTAMINA 5/03/2042 0.63%MEXICAN BONOS 11/18/2038 0.62%CROATIA 4/04/2023 0.61%RUSSIA-EUROBOND 4/04/2042 0.59%SOUTH AFRICA 1/17/2024 0.58%PACIFIC RUBIALES 12/12/2021 0.58%TURKEY REP OF 4/16/2043 0.55%EVRAZ GROUP SA 4/22/2020 0.54%HUNGARY 3/25/2019 0.53%Security% of PortfolioCROATIA 4/04/2023 0.53%EDC FINANCE LTD 4/17/2020 0.53%CSN RESOURCES 7/21/2020 0.52%IVORY COAST-PDI 7/23/2024 0.51%UKRAINE GOVT 11/28/2022 0.50%AFREN PLC 12/09/2020 0.50%PUMA INTL FIN 2/01/2021 0.49%ALPEK SA DE CV 11/20/2022 0.49%TNK-BP FINANCE 3/13/2018 0.49%RELIANCE HDG USA 2/14/2022 0.48%PETROLEOS MEXICA 6/27/2044 0.48%PETROBRAS INTL 1/27/2021 0.46%UNITED MEXICAN 1/21/2045 0.46%REP OF PAKISTAN 4/15/2019 0.45%OFFSHORE DRILLIN 9/20/2020 0.44%REPUBLIC OF ECUA 6/20/2024 0.43%AMERICA MOVIL SA 7/16/2022 0.42%OFFICE CHERIFIEN 4/25/2024 0.41%VIRGOLINO DE OLI 1/13/2020 0.41%RUSSIA-EUROBOND 9/16/2023 0.41%TRANSPORT GAS PE 4/30/2028 0.39%PETROBRAS 3/17/2024 0.38%REPUBLIC OF PERU 3/30/2019 0.37%KENYA REP OF 6/24/2019 0.37%SAMARCO MINERACA 11/01/2022 0.37%PETROTRIN 8/14/2019 0.36%TRNSPRTA DE GAS 3/20/2022 0.36%COLBUN SA 1/21/2020 0.36%EVRAZ GROUP SA 4/27/2018 0.36%COSTA RICA 4/04/2044 0.36%INVERSIONES CMPC 4/25/2022 0.35%ANDRADE GUT INT 4/30/2018 0.34%PERUSAHAAN LISTR 11/22/2021 0.34%PACIFIC RUBIALES 1/26/2019 0.33%GABONESE REPUB 12/12/2024 0.33%OAS FINANCIAL 7/02/2021 0.33%MARFRIG OVERSEAS 5/04/2020 0.32%TURK TELEKOM 6/19/2024 0.31%UKRAINE GOVT 11/14/2017 0.31%RAS LAFFAN LNG 3 9/30/2019 0.30%PERTAMINA 5/20/2023 0.30%CEMENTOS PACASMA 2/08/2023 0.29%INDOSAT PALAPA 7/29/2020 0.29%MERSIN 8/12/2020 0.28%TURKEY REP OF 3/30/2021 0.28%VEDANTA RESOURCE 6/07/2016 0.28%PACIFIC RUBIALES 1/26/2019 0.28%PETROBRAS INTL 1/27/2041 0.27%SIBUR SEC LTD 1/31/2018 0.26%OLEODUCTO CENTRA 5/07/2021 0.26%GAS NATURAL 4/01/2023 0.25%STATE GRID OSEAS 5/22/2023 0.25%URUGUAY 6/18/2050 0.25%HYPERMARCAS SA 4/20/2021 0.25%AST Portfolio Holdings632 of 635

AST Western Asset Emerging Markets Debt Portfolio (continued)Security% of PortfolioUNITED MEXICAN 3/08/2044 0.25%MEXICHEM SAB 9/19/2022 0.25%ANGLOGOLD HOLDS 7/30/2020 0.24%MARFRIG HLDG EUR 6/24/2019 0.24%ARCOS DORADOS HL 9/27/2023 0.23%INVERSIONES CMPC 5/15/2023 0.23%OAO TMK 4/03/2020 0.22%CELULOSA ARAUCO 1/11/2022 0.22%JBS INVESTMENTS 4/03/2024 0.22%CNOOC CURTIS FUN 10/03/2023 0.21%VEDANTA RESOURCE 7/18/2018 0.21%CENT ELET BRASIL 10/27/2021 0.21%TURK TELEKOM 6/19/2019 0.21%AES GENER SA 8/15/2021 0.20%GTL TRADE FIN 4/16/2044 0.20%REP OF NIGERIA 7/12/2023 0.20%VEDANTA RESOURCE 7/18/2018 0.20%BRF SA 5/22/2024 0.19%OASCBZ 8.25 10/19/2019 0.19%CROATIA 7/14/2020 0.19%ROMANIA 1/22/2024 0.19%EE. PP. MEDELLIN 7/29/2019 0.19%ECOPETROL SA 5/28/2045 0.19%REARDEN G HLDGS 3/30/2020 0.19%MARFRIG HLDG EUR 5/09/2018 0.18%GEOPARK LAT AM C 2/11/2020 0.18%GERDAU TRADE INC 4/15/2023 0.17%BRASIL TELECOM 2/10/2022 0.17%MIH BV 7/18/2020 0.17%TURKEY REP OF 3/22/2024 0.17%SEVERSTAL OAO 3/19/2018 0.17%ODEBRECHT FINANC 4/25/2025 0.17%ENTEL CHILE SA 10/30/2024 0.16%TUPY OVERSEAS SA 7/17/2024 0.16%CEMEX FINANCE 10/12/2022 0.16%GNL QUINTERO SA 7/31/2029 0.16%COM FED ELECTRIC 1/15/2024 0.15%CIMPOR FIN OPS 7/17/2024 0.15%VALE 9/11/2042 0.14%SOUTHERN COPPER 11/08/2042 0.14%CODELCO INC 7/17/2022 0.14%BRAZILIAN REAL 0.14%REP OF ANGOLA 8/16/2019 0.14%ODBRCHT OFFSHRE 10/01/2022 0.14%VIETNAM (REP OF) 1/29/2020 0.13%KLABIN FINANCE S 7/16/2024 0.13%UKRAINE GOVT 9/23/2020 0.13%ENDESA (CHILE) 4/15/2024 0.13%CHILE 9/14/2021 0.12%VENEZUELA 2/26/2016 0.12%BRASIL TELECOM 2/10/2022 0.12%ALICORP SAA 3/20/2023 0.12%BANCO DEL ESTADO 2/08/2022 0.12%OOREDOO INTL 2/16/2021 0.11%Security% of PortfolioMEXICHEM SAB 9/19/2022 0.11%SOUTHERN COPPER 7/27/2035 0.11%VIRGOLINO DE OLI 1/28/2018 0.11%BHARTI AIRTEL IN 5/20/2024 0.11%VIMPELCOM 4/30/2018 0.10%TRANSPORT GAS PE 4/30/2028 0.08%PETROTRIN 8/14/2019 0.08%AMERICA MOVIL SA 3/30/2020 0.08%FIBRIA OVERSEAS 5/12/2024 0.08%PETROBRAS 5/20/2023 0.08%AGILE PROPERTY 4/28/2017 0.07%VEDANTA RESOURCE 5/31/2023 0.07%TRNSPRTA DE GAS 3/20/2022 0.06%AXTEL SAB 1/31/2020 0.06%ALFA S.A. 3/25/2024 0.05%ALFA S.A. 3/25/2044 0.05%REP OF NIGERIA 7/12/2018 0.05%REP OF PAKISTAN 6/01/2017 0.05%PARAGUAY 1/25/2023 0.05%INDONESIA (REP) 4/15/2043 0.05%INVERSIONES CMPC 4/25/2022 0.03%SUZANO TRADING 1/23/2021 0.02%INDOSAT PALAPA 7/29/2020 0.02%REARDEN G HLDGS 3/30/2020 0.02%CEMENTOS PACASMA 2/08/2023 0.02%S FRWD BRC 10/15/2014 0.01%PANAMA 1/26/2036 < 0.01%TURKISH LIRA < 0.01%MEXICAN PESO < 0.01%L FRWD BRC 10/15/2014 -0.01%AST Portfolio Holdings633 of 635

AST Western Asset Emerging Markets Debt PortfolioSecurity% of PortfolioVENEZUELA 10/13/2019 6.25%RUSSIAN FEDERATION 2.25 3/31/2030 3.92%INDONESIA (REP) 1/17/2042 2.67%REP OF POLAND 3/23/2022 2.39%BRAZIL NTN-F 1/01/2017 2.32%PRUDENTIAL CORE INVESTMENT 2.28%REPUBLIC OF PERU 3/14/2037 2.22%TURKEY REP OF 5/30/2040 1.81%MEXICAN BONOS 6/09/2022 1.75%INDONESIA (REP) 1/15/2024 1.71%PETROLEOS MEXICA 6/02/2041 1.55%HUNGARY 11/22/2023 1.50%UNITED MEXICAN 1/11/2040 1.49%TURKEY REP OF 9/26/2022 1.47%VENEZUELA 9/15/2027 1.41%COLOMBIA REP OF 2/26/2044 1.41%TURKEY REP OF 7/14/2017 1.38%PETROLEOS MEXICA 1/23/2045 1.37%MEXICAN BONOS 11/13/2042 1.37%KAZMUNAYGAS NAT 5/05/2020 1.31%VIMPELCOM HLDGS 3/01/2022 1.10%ARGNT BODEN 10/03/2015 1.10%VALE OVERSEAS 11/21/2036 1.10%COLOMBIA REP OF 1/18/2041 1.09%INDONESIA (REP) 4/25/2022 1.07%LITHUANIA 3/09/2021 1.07%TURKEY REP OF 3/23/2023 1.04%COLOMBIA REP OF 2/26/2024 0.96%SOUTHERN COPPER 4/16/2040 0.96%CEMEX FINANCE 10/12/2022 0.91%PETROLEOS MEXICA 1/24/2022 0.89%CODELCO INC 7/17/2022 0.84%VALE OVERSEAS 1/11/2022 0.83%ODEBRECHT FINANC 6/27/2029 0.82%REPUBLIC OF PERU 11/18/2050 0.81%PACIFIC RUBIALES 3/28/2023 0.81%AXTEL SAB 1/31/2020 0.81%EMPRESAS ICA SOC 5/29/2024 0.77%PETRONAS CAP LTD 8/12/2019 0.76%DOLPHIN ENERGY 12/15/2021 0.74%CEMEX SAB 1/11/2018 0.72%PETROLEOS MEXICA 1/18/2024 0.72%REP OF SRI LANKA 1/14/2019 0.71%LUKOIL INTL FIN 6/07/2022 0.71%VEDANTA RESOURCE 1/31/2019 0.66%PERTAMINA 5/03/2042 0.63%MEXICAN BONOS 11/18/2038 0.62%CROATIA 4/04/2023 0.61%RUSSIA-EUROBOND 4/04/2042 0.59%SOUTH AFRICA 1/17/2024 0.58%PACIFIC RUBIALES 12/12/2021 0.58%TURKEY REP OF 4/16/2043 0.55%EVRAZ GROUP SA 4/22/2020 0.54%HUNGARY 3/25/2019 0.53%Security% of PortfolioCROATIA 4/04/2023 0.53%EDC FINANCE LTD 4/17/2020 0.53%CSN RESOURCES 7/21/2020 0.52%IVORY COAST-PDI 7/23/2024 0.51%UKRAINE GOVT 11/28/2022 0.50%AFREN PLC 12/09/2020 0.50%PUMA INTL FIN 2/01/2021 0.49%ALPEK SA DE CV 11/20/2022 0.49%TNK-BP FINANCE 3/13/2018 0.49%RELIANCE HDG USA 2/14/2022 0.48%PETROLEOS MEXICA 6/27/2044 0.48%PETROBRAS INTL 1/27/2021 0.46%UNITED MEXICAN 1/21/2045 0.46%REP OF PAKISTAN 4/15/2019 0.45%OFFSHORE DRILLIN 9/20/2020 0.44%REPUBLIC OF ECUA 6/20/2024 0.43%AMERICA MOVIL SA 7/16/2022 0.42%OFFICE CHERIFIEN 4/25/2024 0.41%VIRGOLINO DE OLI 1/13/2020 0.41%RUSSIA-EUROBOND 9/16/2023 0.41%TRANSPORT GAS PE 4/30/2028 0.39%PETROBRAS 3/17/2024 0.38%REPUBLIC OF PERU 3/30/2019 0.37%KENYA REP OF 6/24/2019 0.37%SAMARCO MINERACA 11/01/2022 0.37%PETROTRIN 8/14/2019 0.36%TRNSPRTA DE GAS 3/20/2022 0.36%COLBUN SA 1/21/2020 0.36%EVRAZ GROUP SA 4/27/2018 0.36%COSTA RICA 4/04/2044 0.36%INVERSIONES CMPC 4/25/2022 0.35%ANDRADE GUT INT 4/30/2018 0.34%PERUSAHAAN LISTR 11/22/2021 0.34%PACIFIC RUBIALES 1/26/2019 0.33%GABONESE REPUB 12/12/2024 0.33%OAS FINANCIAL 7/02/2021 0.33%MARFRIG OVERSEAS 5/04/2020 0.32%TURK TELEKOM 6/19/2024 0.31%UKRAINE GOVT 11/14/2017 0.31%RAS LAFFAN LNG 3 9/30/2019 0.30%PERTAMINA 5/20/2023 0.30%CEMENTOS PACASMA 2/08/2023 0.29%INDOSAT PALAPA 7/29/2020 0.29%MERSIN 8/12/2020 0.28%TURKEY REP OF 3/30/2021 0.28%VEDANTA RESOURCE 6/07/2016 0.28%PACIFIC RUBIALES 1/26/2019 0.28%PETROBRAS INTL 1/27/2041 0.27%SIBUR SEC LTD 1/31/2018 0.26%OLEODUCTO CENTRA 5/07/2021 0.26%GAS NATURAL 4/01/2023 0.25%STATE GRID OSEAS 5/22/2023 0.25%URUGUAY 6/18/2050 0.25%HYPERMARCAS SA 4/20/2021 0.25%AST Portfolio Holdings634 of 635

AST Western Asset Emerging Markets Debt Portfolio (continued)Security% of PortfolioUNITED MEXICAN 3/08/2044 0.25%MEXICHEM SAB 9/19/2022 0.25%ANGLOGOLD HOLDS 7/30/2020 0.24%MARFRIG HLDG EUR 6/24/2019 0.24%ARCOS DORADOS HL 9/27/2023 0.23%INVERSIONES CMPC 5/15/2023 0.23%OAO TMK 4/03/2020 0.22%CELULOSA ARAUCO 1/11/2022 0.22%JBS INVESTMENTS 4/03/2024 0.22%CNOOC CURTIS FUN 10/03/2023 0.21%VEDANTA RESOURCE 7/18/2018 0.21%CENT ELET BRASIL 10/27/2021 0.21%TURK TELEKOM 6/19/2019 0.21%AES GENER SA 8/15/2021 0.20%GTL TRADE FIN 4/16/2044 0.20%REP OF NIGERIA 7/12/2023 0.20%VEDANTA RESOURCE 7/18/2018 0.20%BRF SA 5/22/2024 0.19%OASCBZ 8.25 10/19/2019 0.19%CROATIA 7/14/2020 0.19%ROMANIA 1/22/2024 0.19%EE. PP. MEDELLIN 7/29/2019 0.19%ECOPETROL SA 5/28/2045 0.19%REARDEN G HLDGS 3/30/2020 0.19%MARFRIG HLDG EUR 5/09/2018 0.18%GEOPARK LAT AM C 2/11/2020 0.18%GERDAU TRADE INC 4/15/2023 0.17%BRASIL TELECOM 2/10/2022 0.17%MIH BV 7/18/2020 0.17%TURKEY REP OF 3/22/2024 0.17%SEVERSTAL OAO 3/19/2018 0.17%ODEBRECHT FINANC 4/25/2025 0.17%ENTEL CHILE SA 10/30/2024 0.16%TUPY OVERSEAS SA 7/17/2024 0.16%CEMEX FINANCE 10/12/2022 0.16%GNL QUINTERO SA 7/31/2029 0.16%COM FED ELECTRIC 1/15/2024 0.15%CIMPOR FIN OPS 7/17/2024 0.15%VALE 9/11/2042 0.14%SOUTHERN COPPER 11/08/2042 0.14%CODELCO INC 7/17/2022 0.14%BRAZILIAN REAL 0.14%REP OF ANGOLA 8/16/2019 0.14%ODBRCHT OFFSHRE 10/01/2022 0.14%VIETNAM (REP OF) 1/29/2020 0.13%KLABIN FINANCE S 7/16/2024 0.13%UKRAINE GOVT 9/23/2020 0.13%ENDESA (CHILE) 4/15/2024 0.13%CHILE 9/14/2021 0.12%VENEZUELA 2/26/2016 0.12%BRASIL TELECOM 2/10/2022 0.12%ALICORP SAA 3/20/2023 0.12%BANCO DEL ESTADO 2/08/2022 0.12%OOREDOO INTL 2/16/2021 0.11%Security% of PortfolioMEXICHEM SAB 9/19/2022 0.11%SOUTHERN COPPER 7/27/2035 0.11%VIRGOLINO DE OLI 1/28/2018 0.11%BHARTI AIRTEL IN 5/20/2024 0.11%VIMPELCOM 4/30/2018 0.10%TRANSPORT GAS PE 4/30/2028 0.08%PETROTRIN 8/14/2019 0.08%AMERICA MOVIL SA 3/30/2020 0.08%FIBRIA OVERSEAS 5/12/2024 0.08%PETROBRAS 5/20/2023 0.08%AGILE PROPERTY 4/28/2017 0.07%VEDANTA RESOURCE 5/31/2023 0.07%TRNSPRTA DE GAS 3/20/2022 0.06%AXTEL SAB 1/31/2020 0.06%ALFA S.A. 3/25/2024 0.05%ALFA S.A. 3/25/2044 0.05%REP OF NIGERIA 7/12/2018 0.05%REP OF PAKISTAN 6/01/2017 0.05%PARAGUAY 1/25/2023 0.05%INDONESIA (REP) 4/15/2043 0.05%INVERSIONES CMPC 4/25/2022 0.03%SUZANO TRADING 1/23/2021 0.02%INDOSAT PALAPA 7/29/2020 0.02%REARDEN G HLDGS 3/30/2020 0.02%CEMENTOS PACASMA 2/08/2023 0.02%S FRWD BRC 10/15/2014 0.01%PANAMA 1/26/2036 < 0.01%TURKISH LIRA < 0.01%MEXICAN PESO < 0.01%L FRWD BRC 10/15/2014 -0.01%AST Portfolio Holdings635 of 635