EQ/Franklin Small Cap Value Managed Volatility Portfolio
Data updated: 2026-08-25
C000035602 — EQ/Franklin Small Cap Value Managed Volatility Portfolio. United States Real Estate · $277.88M AUM. Holdings, fees, performance and SEC filings.
C000035602 Fund Overview
EQ/Franklin Small Cap Value Managed Volatility Portfolio is a US mutual fund managed by Eq Advisors Trust, categorised as United States Real Estate. 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: United States Real Estate
- Assets under management: $277.88M
- 1-year return: 35.7%
- SEC CIK: 0001027263
- SEC series ID: S000013249
- Share class ID: C000035602
C000035602 Investment Objective and Strategy
EQ/Franklin Small Cap Value Managed Volatility 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 long-term total return with an emphasis on risk-adjusted returns and managing volatility in the Portfolio.
Principal investment strategy
The Portfolios assets normally are allocated between two investment managers, each of which will manage its portion of the Portfolio using a different but complementary investment strategy. One portion of the Portfolio is actively managed (Active Allocated Portion); the other portion of the Portfolio seeks to track the performance of a particular index (Index Allocated Portion). Under normal circumstances, the Active Allocated Portion will consist of approximately 50% of the Portfolios net assets; the Index Allocated Portion will consist of approximately 50% of the Portfolios net assets. These percentages are targets established by the Adviser; actual allocations may deviate from these targets. Under normal circumstances, the Portfolio invests at least 80% of its net assets, plus borrowings for investment purposes, in the securities of small-capitalization companies.
Small-cap companies are companies with market capitalizations (the total market value of a companys outstanding stock) not exceeding either: 1) the highest market capitalization in the Russell 2000 Index; or 2) the 12-month average of the highest market capitalization in the Russell 2000 Index, whichever is greater, at the time of purchase. As of December 31, 2017, the highest market capitalization in the Russell 2000 Index was $9.4 billion. In addition, securities of small-capitalization companies may include financial instruments that derive their value from the securities of such companies. The Portfolio may invest up to 10% of its assets in foreign securities and up to 10% of its assets in real estate investment trusts (REITs). The Active Allocated Portion generally invests in equity securities such as common stocks that the Sub-Adviser to the Active Allocated Portion believes are currently undervalued and have potential for capital appreciation.
The Sub-Adviser to the Active Allocated Portion believes that a stock price is undervalued when it is less than the price at which it would trade if the market reflected all factors relating to the companys worth. The Active Allocated Portion may invest up to 20% of its assets in foreign securities, subject to the Portfolios overall limit of 10% of assets invested in foreign securities. It may also invest in REITs. The Index Allocated Portion of the Portfolio seeks to track the performance (before fees and expenses) of the Russell 2000 Index with minimal tracking error. This strategy is commonly referred to as an indexing strategy. Generally, the Index Allocated Portion uses a full replication technique, although in certain instances a sampling approach may be utilized for a portion of the Index Allocated Portion.
The Index Allocated Portion also may invest in other instruments, such as futures and options contracts, that provide comparable exposure as the index without buying the underlying securities comprising the index. AXA Equitable Funds Management Group, LLC (FMG LLC or the Adviser) also may utilize futures and options, such as exchange-traded futures and options contracts on securities indices, to manage equity exposure. Futures and options can provide exposure to the performance of a securities index without buying the underlying securities comprising the index. They also provide a means to manage the Portfolios equity exposure without having to buy or sell securities. When market volatility is increasing above specific thresholds set for the Portfolio, the Adviser may limit equity exposure either by reducing investments in securities, shorting or selling long futures and options positions on an index, increasing cash levels, and/or shorting an index.
During such times, the Portfolios exposure to equity securities may be significantly less than that of a traditional equity portfolio. Volatility is a statistical measure of the magnitude of changes in the Portfolios returns, without regard to the direction of those changes. Higher volatility generally indicates higher risk and is often reflected by frequent and sometimes significant movements up and down in value. Volatility management techniques may reduce potential losses and/or mitigate financial risks to insurance companies that provide certain benefits and guarantees available under the Contracts and offer the Portfolio as an investment option in their products. The Portfolio may invest up to 25% of its assets in derivatives. It is anticipated that the Portfolios derivative instruments will consist primarily of exchange-traded futures and options contracts on securities indices, but the Portfolio also may utilize other types of derivatives.
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. It is not generally expected, however, that the Portfolio will be leveraged by borrowing money for investment purposes. The Portfolio may maintain a significant percentage of its assets in cash and cash equivalent instruments, some of which may serve as margin or collateral for the Portfolios obligations under derivative transactions. The Portfolio also may lend its portfolio securities to earn additional income.
C000035602 Holdings
Top 10 holdings of EQ/Franklin Small Cap Value Managed Volatility Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| JPMorgan Prime Money Market Fund | 6.27% |
| Invesco Govt And Agcy Lex | 2.32% |
| ACI Worldwide, Inc. | 1.85% |
| Ashland, Inc. | 1.69% |
| Select Water Solutions, Inc. | 1.66% |
| CNO Financial Group, Inc. | 1.36% |
| Bruker Corp. | 1.35% |
| Columbia Banking System, Inc. | 1.33% |
| SouthState Bank Corp. | 1.31% |
| WSFS Financial Corp. | 1.25% |
C000035602 Portfolio Allocation
Asset-class allocation of EQ/Franklin Small Cap Value Managed Volatility Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 89.2% |
| Cash & Equivalents | 9.3% |
| Derivatives | 0.3% |
C000035602 Performance
Total returns for C000035602 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 21.6% |
| 1 year | 35.7% |
| 3 years (annualised) | 15.8% |
| 5 years (annualised) | 6.6% |
C000035602 Risk Information
Risk metrics for C000035602, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 14.1%
C000035602 Costs and Fees
C000035602 costs about $106 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.06%
- Gross expense ratio: 1.18%
- Portfolio turnover: 39%
- Brokerage commissions: 4.66 bps of average net assets (SEC N-CEN)
C000035602 Cashflows
Over the 12 months to 2026-06, EQ/Franklin Small Cap Value Managed Volatility Portfolio had net outflows of $15.07M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$3.55M |
| 2026-05 | −$1.39M |
| 2026-04 | −$2.51M |
| 2026-03 | −$4.32M |
| 2026-02 | −$2.64M |
| 2026-01 | −$3.12M |
C000035602 Debt Constituents
No individual debt constituents are reported in EQ/Franklin Small Cap Value Managed Volatility Portfolio's latest SEC N-PORT filing.
C000035602 Prospectus and SEC Filings
Official EQ/Franklin Small Cap Value Managed Volatility Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-04-28
- Prospectus (485BPOS) — filed 2024-04-26
- Prospectus (485BPOS) — filed 2023-04-26
- Portfolio holdings (N-PORT) — filed 2026-08-25
- Portfolio holdings (N-PORT) — filed 2026-05-26
- Portfolio holdings (N-PORT) — filed 2026-02-27
- Annual census (N-CEN) — filed 2026-03-11
- Annual census (N-CEN) — filed 2025-03-10
Related Funds
Other United States Real Estate 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.