1290 VT Convertible Securities Portfolio
Data updated: 2026-08-25
C000131493 — 1290 VT Convertible Securities Portfolio. Short Preferred / Convertible Bond · $72.23M AUM. Holdings, fees, performance and SEC filings.
C000131493 Fund Overview
1290 VT Convertible Securities Portfolio is a US mutual fund managed by Eq Advisors Trust, categorised as Short Preferred / Convertible 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: Short Preferred / Convertible Bond
- Assets under management: $72.23M
- 1-year return: 32.0%
- SEC CIK: 0001027263
- SEC series ID: S000042511
- Share class ID: C000131493
C000131493 Investment Objective and Strategy
1290 VT Convertible Securities Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Eq Advisors Trust.
Investment objective
Seeks a high level of total return.
Principal investment strategy
Under normal market conditions, the Portfolio invests at least 80% of its net assets, plus borrowings for investment purposes, in a diversified portfolio of convertible securities. A convertible security is generally a bond, preferred stock or other security that may be converted within a specified period of time and at a pre-stated price or formula into common stock of the same or a different issuer. By investing in convertible securities, the Portfolio seeks the opportunity to participate in the capital appreciation of the underlying common stocks, while at the same time relying on the fixed income aspect of the convertible securities to provide current income and reduced price volatility. The Portfolios convertible securities may include investment grade securities (i.e., those securities that are rated at least BBB or higher by Standard & Poors Global Ratings (S&P) or Fitch Ratings, Ltd.
(Fitch) or Baa or higher by Moodys Investors Service, Inc. (Moodys)), below investment grade securities (commonly know as junk bonds) (i.e., those securities that are rated BB or lower by S&P or Fitch or Ba or lower by Moodys) or securities that are not rated by a securities rating organization. Many convertible securities are rated below investment grade and the Portfolio may invest up to 80% of its assets in securities that are rated below investment grade or those that are not rated but deemed to be of comparable quality by the Adviser or Sub-Adviser. The Portfolio may retain the common stock issued upon conversion to permit its orderly sale or for other purposes. The Portfolio may invest in privately placed and restricted securities. The Portfolio may invest up to 15% of its net assets in illiquid securities and up to 10% of its net assets in securities of foreign issuers.
The Portfolios assets normally are allocated among two portions, each of which is managed using a different but complementary investment strategy. One portion of the Portfolio is actively managed (Active Allocated Portion) and the other portion of the Portfolio invests in ETFs that are passively managed and that meet the investment objective of the Portfolio (ETF Allocated Portion). Under normal circumstances, the Active Allocated Portion consists of approximately 70% of the Portfolios net assets and the ETF Allocated Portion consists of approximately 30% of the Portfolios net assets. These percentages can deviate from the amounts shown above by up to 15% of the Portfolios assets. The ETFs in which the ETF Allocated Portion may invest may be changed from time to time without notice or shareholder approval.
The Active Allocated Portion of the Portfolio invests primarily in convertible securities of U.S. companies of any size; however, the Sub-Adviser may, from time to time, focus investments in small- and mid-capitalization companies. In choosing investments for the Portfolio, the Sub-Adviser to the Active Allocated Portion utilizes a quantitative screening process to identify convertible securities for potential investment. Once a security is identified, the Sub-Adviser evaluates the securitys characteristics such as structure, terms and liquidity, as well as quantitative factors such as fair value, expected equity participation, total return profile and implied credit spreads. The Sub-Adviser then engages in an in-depth analysis of those securities that satisfy prior screens including analysis of such factors as the issuers management, financial condition and competitive position to select investments.
The Sub-Adviser may sell a security for a variety of reasons, including unexpected results (e.g., decrease in price) or changes in the credit assessment of the company (e.g., credit ratings) or to invest in other securities believed to offer superior investment opportunities. The Portfolio may engage in active and frequent trading to achieve its investment objective. The ETF Allocated Portion invests in exchange-traded funds (ETFs) that, in turn, invest in convertible securities. The ETF Allocated Portion currently invests in the SPDR Barclays Convertible Securities ETF. The SPDR Barclays Convertible Securities ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of an index that tracks U.S. convertible securities markets with outstanding issue sizes greater than $500 million.
The Portfolio may invest in other ETFs that track convertible securities markets. An investor in the Portfolio will bear both the expenses of the Portfolio as well as the indirect expenses associated with the ETFs held by the ETF Allocated Portion. Under normal circumstances, up to 20% of the Portfolios net assets may be invested in other securities including: (1) common stock, non-convertible preferred stock and other equity instruments; (2) non-convertible debt securities; and (3) short-term money market instruments, including certificates of deposit, commercial paper, U.S. Government securities and other income-producing cash equivalents. The Portfolio also may lend its portfolio securities to earn additional income.
C000131493 Holdings
Top 10 holdings of 1290 VT Convertible Securities Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Western Digital Corp. | 5.13% |
| Invesco Govt And Agcy Lex | 1.99% |
| Boeing Co. (The) | 1.87% |
| Lumentum Holdings, Inc. | 1.50% |
| Alibaba Group Holding Ltd. | 1.41% |
| Lumentum Holdings, Inc. | 1.35% |
| Bloom Energy Corp. | 1.11% |
| Wells Fargo & Co. | 1.11% |
| Oracle Corp. | 1.10% |
| Nebius Group NV | 1.08% |
C000131493 Portfolio Allocation
Asset-class allocation of 1290 VT Convertible Securities Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 85.4% |
| Equity | 13.5% |
| Cash & Equivalents | 2.9% |
C000131493 Performance
Total returns for C000131493 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 21.6% |
| 1 year | 32.0% |
| 3 years (annualised) | 17.4% |
| 5 years (annualised) | 6.3% |
C000131493 Risk Information
Risk metrics for C000131493, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 13.6%
C000131493 Costs and Fees
C000131493 costs about $65 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.65%
- Gross expense ratio: 0.88%
- Portfolio turnover: 40%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000131493 Cashflows
Over the 12 months to 2026-06, 1290 VT Convertible Securities Portfolio had net inflows of $4.66M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $330.38K |
| 2026-05 | −$44.34K |
| 2026-04 | $1.07M |
| 2026-03 | $270.28K |
| 2026-02 | $335.16K |
| 2026-01 | $400.19K |
C000131493 Debt Constituents
Largest debt holdings of 1290 VT Convertible Securities Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Western Digital Corp. | 5.13% |
| Lumentum Holdings, Inc. | 1.50% |
| Alibaba Group Holding Ltd. | 1.41% |
| Lumentum Holdings, Inc. | 1.35% |
| Bloom Energy Corp. | 1.11% |
| Nebius Group NV | 1.08% |
| MKS, Inc. | 1.07% |
| CoreWeave, Inc. | 1.03% |
| Nebius Group NV | 0.86% |
| Nebius Group NV | 0.77% |
C000131493 Prospectus and SEC Filings
Official 1290 VT Convertible Securities 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 Short Preferred / Convertible 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.