Amendment to Subadvisory Agreement Advanced Series Trust AST J.P. Morgan Strategic Opportunities Portfolio
Amendment
to Subadvisory Agreement
Advanced Series Trust
AST X.X. Xxxxxx Strategic Opportunities Portfolio
AST Investment Services, Inc. and Prudential Investments LLC and X.X. Xxxxxx Investment Management Inc. (“Subadviser”) hereby agree to amend the subadvisory agreement (including any amendments) listed below (the “Agreement”) by amending existing Schedule A to such Agreement, which addresses the level of subadvisory fees under such Agreement. Existing Schedule A is hereby replaced in its entirety with the attached Amended Schedule A, effective as of October 1, 2015.
The Agreement affected by this Amendment consists of the following:
- Subadvisory Agreement, dated as of February 11, 2010 and as amended and supplemented to date, by and among AST Investment Services, Inc. (formerly American Skandia Investment Services, Inc.), Prudential Investments LLC, and Subadviser, pursuant to which Subadviser has been retained to provide investment advisory services to the AST X.X. Xxxxxx Strategic Opportunities Portfolio of Advanced Series Trust.
AST Investment Services, Inc. and Prudential Investments LLC and Subadviser further agree that Amended Schedule A supersedes any other fee arrangements, written or oral, that may be applicable to the Agreements listed above. This Amendment may be executed in counterparts, each of which shall be deemed an original, but all of which shall constitute one and the same instrument.
IN WITNESS HEREOF, AST Investment Services, Inc., Prudential Investments LLC, and X.X. Xxxxxx Investment Management Inc. have duly executed this Amendment as of the date and year first written above.
AST INVESTMENT Services, Inc.
By: /s/ Xxxxxxx Xxxxx
Name: Xxxxxxx Xxxxx
Title: VP, ASTIS
PRUDENTIAL INVESTMENTS LLC
By: /s/ Xxxxxxx Xxxxx
Name: Xxxxxxx Xxxxx
Title: VP, PI
X.X. XXXXXX INVESTMENT MANAGEMENT INC.
By: /s/ Xxxxx Xxxxxx
Name: Xxxxx Xxxxxx
Title: Vice President
Effective Date: October 1, 2015
REVISED SCHEDULE A
Advanced Series Trust
AST X.X. Xxxxxx Strategic Opportunities Portfolio
As compensation for services provided by X.X. Xxxxxx Investment Management Inc. (the Subadviser), Prudential Investments LLC and AST Investment Services, Inc. will pay the Subadviser an advisory fee on the Portfolio’s net assets that is equal, on an annualized basis, to the following:
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Portfolio Name AST X.X. Xxxxxx Strategic Opportunities Portfolio
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Advisory Fee 0.40% of average daily net assets to $3,000 million; 0.35% of average daily net assets on next $3,000 million; and 0.30% of average daily net assets over $6,000 million
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Effective Date: October 1, 2015
