EQ/Global Bond PLUS Portfolio
Data updated: 2021-08-25
C000024878 — EQ/Global Bond PLUS Portfolio. Bond · 0.95% expense ratio · 3.2% 1-yr return. Holdings, fees, performance and SEC filings.
C000024878 Fund Overview
EQ/Global Bond PLUS Portfolio is a US mutual fund managed by Eq Advisors Trust, categorised as Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Eq Advisors Trust
- Category: Bond
- 1-year return: 3.2%
- SEC CIK: 0001027263
- SEC series ID: S000009146
- Share class ID: C000024878
C000024878 Investment Objective and Strategy
EQ/Global Bond PLUS Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Eq Advisors Trust.
Investment objective
Seeks to achieve capital growth and current income.
Principal investment strategy
The Portfolios assets normally are allocated among two investment managers, each of which manages its portion of the Portfolio using a different but complementary investment strategy. One portion of the Portfolio is actively managed by a Sub-Adviser (Active Allocated Portion) and one portion of the Portfolio seeks to track the performance of a particular index (Index Allocated Portion). Under normal circumstances, the Active Allocated Portion consists of approximately 35-45% of the Portfolios net assets and the Index Allocated Portion consists of approximately 55-65% of the Portfolios net assets. Up to 20% of the Portfolios assets may be invested in exchange-traded funds (Underlying ETFs) that meet the investment criteria of the Portfolio. The Underlying ETFs in which the Portfolio may invest may be changed from time to time without notice or shareholder approval.
These percentages are targets established by the Adviser; actual allocations may deviate from these targets. The Portfolio normally invests at least 80% of its net assets, plus borrowings for investment purposes, in debt securities, including obligations of foreign government or corporate entities or supranational agencies (such as the World Bank) denominated in various currencies. The Portfolio invests primarily in investment grade debt securities that are rated Baa or higher by Moodys Investor Service, Inc. (Moodys) or equivalently rated by Standard & Poors Global Ratings (S&P) or Fitch Ratings Ltd. (Fitch) or, if unrated, determined by the Adviser or Sub-Adviser to be of comparable quality. The Portfolio normally will invest a significant portion of its assets in foreign securities and normally invests in at least three countries and may invest in the securities of issuers in emerging markets.
The Active Allocated Portion generally maintains a dollar-weighted average maturity of 5 to 14 years and a duration of 3 to 10 years. Maturity measures the average final payable dates of debt instruments. Duration measures the sensitivity of the value of a bond or bond portfolio to changes in interest rates. Typically, a bond portfolio with a low (short) duration means that its value is less sensitive to interest rate changes, while a bond portfolio with a high (long) duration is more sensitive. The Sub-Adviser to the Active Allocated Portion makes its country selection and currency decisions for the Active Allocated Portion based on its own fundamental research and advanced analytical systems. In choosing investments, the Sub-Adviser to the Active Allocated Portion searches for the best values on securities that meet the Active Allocated Portions credit and maturity requirements.
Bonds selected for inclusion in the Active Allocated Portion are continually monitored to assure they meet the Sub-Adviser to the Active Allocated Portions standards. The Sub-Adviser to the Active Allocated Portion may sell a security for a variety of reasons, such as to invest in an issuer believed to offer superior investment opportunities. The Active Allocated Portion may invest up to 20% of its assets in foreign mortgage- and asset-based securities and/or foreign bank obligations. In addition, the Active Allocated Portion may invest up to 20% of its assets in investment grade fixed income securities or obligations of U.S. government entities or U.S. corporations. The Index Allocated Portion of the Portfolio seeks to track the performance (before fees and expenses) of the Bloomberg Barclays U.S.
Intermediate Government/Credit Bond Index (Intermediate Government Credit Index) with, minimal tracking error. This strategy is commonly referred to as an indexing strategy. The Intermediate Government Credit Index covers the U.S. dollar denominated, investment grade, fixed-rate, taxable bond market, including U.S. Treasury and government-related, corporate, credit and agency fixed-rate debt securities. The Sub-Adviser selects the Index Allocated Portions investments by a sampling strategy. Specifically, the Sub-Adviser invests in a representative sample of securities from each broad segment of the Intermediate Government Credit Index, such as government bonds and corporate issues that represent key index characteristics. The Index Allocated Portion also may invest in other instruments that provide comparable exposure to the index, such as futures and options contracts and other derivatives.
Generally, the Index Allocated Portion attempts to have a correlation between its performance and that of the Intermediate Government Credit Index of approximately 0.95 before expenses. The Portfolio may invest up to 30% of the Portfolios total assets in derivatives such as foreign currency forward contracts as a substitute for investing directly in securities or for hedging purposes. The Portfolios investments in derivatives may be deemed to involve the use of leverage because the Portfolio is not required to invest the full market value of the contract upon entering into the contract but participates in gains and losses on the full contract price. The use of derivatives also may be deemed to involve the use of leverage because the heightened price sensitivity of some derivatives to market changes may magnify the Portfolios gain or loss.
The Portfolio also may lend its portfolio securities to earn additional income.
C000024878 Performance
Total returns for C000024878 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 3.2% |
C000024878 Risk Information
Risk metrics for C000024878, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.9%
C000024878 Costs and Fees
C000024878 costs about $95 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.95%
- Gross expense ratio: 1.01%
- Portfolio turnover: 74%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000024878 Cashflows
Over the 12 months to 2021-06, EQ/Global Bond PLUS Portfolio had net inflows of $34.07M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-06 | $9.26M |
| 2021-05 | −$801.91K |
| 2021-04 | −$149.96K |
| 2021-03 | −$1.90M |
| 2021-02 | $4.06M |
| 2021-01 | $10.75M |
C000024878 Debt Constituents
No individual debt constituents are reported in EQ/Global Bond PLUS Portfolio's latest SEC N-PORT filing.
C000024878 Prospectus and SEC Filings
Official EQ/Global Bond PLUS Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-04-29
- Prospectus (485BPOS) — filed 2020-05-19
- Prospectus (485BPOS) — filed 2019-05-16
- Portfolio holdings (N-PORT) — filed 2021-08-25
- Portfolio holdings (N-PORT) — filed 2021-05-28
- Portfolio holdings (N-PORT) — filed 2021-02-24
- Annual census (N-CEN) — filed 2021-03-11
- Annual census (N-CEN) — filed 2020-03-13
Related Funds
Other Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.