EQ/Franklin Strategic Income Portfolio
Data updated: 2022-11-28
C000203170 — EQ/Franklin Strategic Income Portfolio. Emerging Markets Value Equity · $91.09M AUM. Holdings, fees, performance and SEC filings.
C000203170 Fund Overview
EQ/Franklin Strategic Income Portfolio is a US mutual fund managed by Eq Advisors Trust, categorised as Emerging Markets Value Equity. 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: Emerging Markets Value Equity
- Assets under management: $91.09M
- 1-year return: -13.3%
- SEC CIK: 0001027263
- SEC series ID: S000062645
- Share class ID: C000203170
C000203170 Investment Objective and Strategy
EQ/Franklin Strategic Income 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 current income.
Principal investment strategy
Under normal market conditions, the Portfolio invests its assets primarily to predominantly in U.S. and foreign debt securities, including those in emerging markets. Debt securities include all varieties of fixed, variable and floating rate income securities, including bonds, U.S. and foreign government and agency securities, corporate loans (and loan participations), mortgage-backed securities and other asset-backed securities, inflation-indexed securities, convertible securities and municipal securities. The Portfolio shifts its investments among various classes of debt securities and at any given time may have a substantial amount of its assets invested in any class of debt or other income producing security. The Portfolio may invest up to 100% of its assets in high yield, lower-quality debt securities (also known as junk bonds).
The below-investment grade debt securities in which the Portfolio invests are generally rated at least Caa by Moodys Investors Service, Inc. (Moodys) or CCC by Standard & Poors Global Ratings (S&P) or are unrated securities the Adviser or the Sub-Adviser determines are of comparable quality. Mortgage-backed securities may be fixed-rate or adjustable rate mortgage-backed securities (ARMS). The Portfolio may purchase or sell mortgage-backed securities on a delayed delivery or forward commitment basis through the to-be-announced (TBA) market. With TBA transactions, the particular securities to be delivered are not identified at the trade date, but the delivered securities must meet specified terms and standards (such as yield, duration, and credit quality). The Portfolio may also invest a small portion of its assets directly in mortgage loans.
The Portfolio may also invest in any class, or tranche, of collateralized debt obligations, which include collateralized loan obligations, excluding the equity tranche. For purposes of pursuing its investment goals, the Portfolio regularly enters into various currency-related transactions involving derivative instruments, including currency and cross currency forwards, currency swaps, currency and currency index futures contracts and currency options, and may enter into options on all such instruments. The Portfolio may also enter into interest rate and credit-related transactions involving derivative instruments, including interest rate, fixed income total return and credit default swaps and bond/interest rate futures contracts, as well as options on all such instruments. The use of these derivative transactions may allow the Portfolio to obtain net long or net short exposures to selected currencies, interest rates, countries, durations or credit risks.
These derivative instruments may be used for hedging purposes, to enhance Portfolio returns or to obtain exposure to various market sectors. The Portfolios investments in derivatives transactions 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 expected, however, that the Portfolio will be leveraged by borrowing money for investment purposes. The Portfolios investments in derivatives may require it to maintain a percentage of its assets in cash and cash equivalent instruments to serve as margin or collateral for the Portfolios obligations under derivative transactions.
The Portfolio uses an active allocation strategy to try to achieve its investment goals. The Sub-Adviser uses a top-down analysis of macroeconomic trends combined with a bottom-up fundamental analysis of market sectors, industries, and issuers to try to take advantage of varying sector reactions to economic events. The Portfolio also may lend its portfolio securities to earn additional income.
C000203170 Performance
Total returns for C000203170 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -13.3% |
| 3 years (annualised) | -2.4% |
C000203170 Risk Information
Risk metrics for C000203170, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 6.4%
C000203170 Costs and Fees
C000203170 costs about $93 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.93%
- Gross expense ratio: 1.10%
- Portfolio turnover: 63%
- Brokerage commissions: 0.26 bps of average net assets (SEC N-CEN)
C000203170 Cashflows
Over the 12 months to 2022-09, EQ/Franklin Strategic Income Portfolio had net outflows of $3.84M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-09 | −$1.23M |
| 2022-08 | −$590.20K |
| 2022-07 | −$876.71K |
| 2022-06 | −$365.24K |
| 2022-05 | −$645.42K |
| 2022-04 | −$969.01K |
C000203170 Debt Constituents
No individual debt constituents are reported in EQ/Franklin Strategic Income Portfolio's latest SEC N-PORT filing.
C000203170 Prospectus and SEC Filings
Official EQ/Franklin Strategic Income Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-04-28
- Prospectus (485BPOS) — filed 2021-04-29
- Prospectus (485BPOS) — filed 2020-05-19
- Portfolio holdings (N-PORT) — filed 2022-11-28
- Portfolio holdings (N-PORT) — filed 2022-08-24
- Portfolio holdings (N-PORT) — filed 2022-05-27
- Annual census (N-CEN) — filed 2022-03-10
- Annual census (N-CEN) — filed 2021-03-11
Related Funds
Other Emerging Markets Value Equity 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.