1290 VT DoubleLine Opportunistic Bond Portfolio

C000153796 Fund Overview

1290 VT DoubleLine Opportunistic Bond Portfolio is a US mutual fund managed by Eq Advisors Trust, categorised as Long Securitized (MBS/ABS/CMBS) 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: Long Securitized (MBS/ABS/CMBS) Bond
• Assets under management: $514.89M
• 1-year return: 4.5%
• SEC CIK: 0001027263
• SEC series ID: S000048890
• Share class ID: C000153796

C000153796 Investment Objective and Strategy

1290 VT DoubleLine Opportunistic Bond Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Eq Advisors Trust.

Investment objective

Seeks to maximize current income and total return.

Principal investment strategy

Under normal circumstances, the Portfolio invests at least 80% of its net assets, plus any borrowings for investment purposes, in fixed income securities. For purposes of this investment policy, fixed income securities include direct and indirect investments in fixed income securities and investments in other investment companies and financial instruments that derive their value from such securities. The Portfolios investments in fixed income securities include, but are not limited to, securities issued or guaranteed by the U.S. government or its agencies, instrumentalities or sponsored corporations; mortgage-backed securities; asset-backed securities; foreign and domestic corporate bonds; floating or variable rate obligations (including inverse floater collateralized mortgage obligations); bank loans; fixed income securities issued by corporations and governments in foreign countries including emerging markets issuers and U.S.

dollar-denominated securities or non-U.S. issuers; securities issued by municipalities; collateralized loan obligations and other securities bearing fixed interest rates of any maturity. The Portfolio may invest up to 40% of its assets in below investment grade securities (commonly known as junk bonds). Such investments may include debt obligations of distressed companies, including companies that are close to or in default. The Sub-Adviser allocates investments in below investment grade securities broadly by industry and issuer in an attempt to reduce the impact on the Portfolio of negative events affecting an industry or issuer. Securities below investment grade include those securities rated Ba1 or lower by Moodys Investors Service, Inc. (Moodys) or BB+ or lower by Fitch Ratings Ltd. (Fitch) or by Standard & Poors Global Ratings (S&P) or, if unrated, deemed to be of comparable quality by the Adviser or Sub-Adviser.

The Portfolio may invest in mortgage-backed or other asset-backed securities of any credit rating or credit quality without regard to the 40% limitation described above. The Portfolio may also invest in inverse floaters, interest-only and principal-only securities. In addition, the Portfolio may invest in senior bank loans and assignments, including through investments in other investment companies advised by the Sub-Adviser. The Sub-Adviser actively manages the Portfolios asset class exposure using a top-down approach, which involves using fundamental research regarding the investment characteristics of each sector (such as risk, volatility, relative valve, and the potential for growth and income), as well as the Sub-Advisers outlook for the economy and financial markets as a whole. Primary sectors include government/municipals, high yield, global developed credit, international sovereign debt, emerging markets, and mortgage- and asset-backed.

The Sub-Adviser will gradually rotate portfolio assets among sectors in various markets using a long-term approach to attempt to maximize return. Individual securities within asset classes are selected using a bottom up approach, which involves an analysis of each individual issuers creditworthiness. The Sub-Adviser uses a controlled risk approach in managing the Portfolio, which includes consideration of: Security selection within a given asset class Relative performance of the various market sectors and asset classes The rates offered by bonds at different maturities Fluctuations in the overall level of interest rates The Sub-Adviser also monitors the duration of the securities held by the Portfolio to seek to mitigate exposure to interest rate risk. Duration is a measure used to determine the sensitivity of a securitys price to 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. Under normal circumstances, the Sub-Adviser seeks to maintain an investment portfolio with a weighted average effective duration of no less than two years and no more than eight years. The duration of the Portfolios investments may vary materially from its target, from time to time, and there is no assurance that the duration of the Portfolios investments will meet its target. Portfolio securities may be sold at any time. Sales may occur when the Sub-Adviser perceives deterioration in the credit fundamentals of the issuer, believes there are negative macro political considerations that may affect the issuer, determines to take advantage of a better investment opportunity, or the individual security has reached the Sub-Advisers sell target.

The Portfolio may engage in active and frequent trading of portfolio securities to achieve its investment objective. The Portfolio also may lend its portfolio securities to earn additional income.

C000153796 Holdings

Top 10 holdings of 1290 VT DoubleLine Opportunistic Bond Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all C000153796 holdings

C000153796 Portfolio Allocation

Asset-class allocation of 1290 VT DoubleLine Opportunistic Bond Portfolio by percentage of net assets, from the latest SEC N-PORT filing.

C000153796 Performance

Total returns for C000153796 (as of 2026-10-01), from SEC filings.

C000153796 Risk Information

Risk metrics for C000153796, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 3.1%

C000153796 Costs and Fees

C000153796 costs about $66 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.66%
• Gross expense ratio: 0.75%
• Portfolio turnover: 89%
• Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)

C000153796 Cashflows

Over the 12 months to 2026-06, 1290 VT DoubleLine Opportunistic Bond Portfolio had net inflows of $18.19K, from monthly SEC N-PORT filings.

C000153796 Debt Constituents

Largest debt holdings of 1290 VT DoubleLine Opportunistic Bond Portfolio by percentage of net assets, from the latest SEC N-PORT filing.

C000153796 Prospectus and SEC Filings

Official 1290 VT DoubleLine Opportunistic Bond 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 Long Securitized (MBS/ABS/CMBS) Bond funds tracked on ABC INVEST:

• PIMCO Income Fund (PONAX)
• Bridge Builder Core Plus Bond Fund (BBCPX)
• iShares MBS ETF (MBB)
• Guggenheim Total Return Bond Fund (GIBAX)
• Janus Henderson AAA CLO ETF (JAAA)

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.