SEC Info  
    Home      Search      My Interests      Help      Sign In      Please Sign In

Eq Advisors Trust – ‘N-Q’ for 9/30/17

On:  Monday, 11/27/17, at 4:24pm ET   ·   Effective:  11/27/17   ·   For:  9/30/17   ·   Accession #:  1193125-17-352447   ·   File #:  811-07953

Previous ‘N-Q’:  ‘N-Q’ on 5/30/17 for 3/31/17   ·   Next:  ‘N-Q’ on 5/25/18 for 3/31/18   ·   Latest:  ‘N-Q’ on 11/28/18 for 9/30/18

  in   Show  &   Hints

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

11/27/17  Eq Advisors Trust                 N-Q         9/30/17    2:66M                                    Donnelley...Solutions/FA1290 VT Convertible Securities Portfolio Class IBClass K1290 VT DoubleLine Dynamic Allocation Portfolio Class IBClass K1290 VT DoubleLine Opportunistic Bond Portfolio Class IBClass K1290 VT Energy Portfolio Class IBClass K1290 VT Equity Income Portfolio Class IAClass IBClass K1290 VT GAMCO Mergers & Acquisitions Portfolio Class IAClass IBClass K1290 VT GAMCO Small Company Value Portfolio Class IAClass IBClass K1290 VT High Yield Bond Portfolio Class IBClass K1290 VT Low Volatility Global Equity Portfolio Class IBClass K1290 VT Micro Cap Portfolio Class IBClass K1290 VT Natural Resources Portfolio Class IBClass K1290 VT Real Estate Portfolio Class IBClass K1290 VT Small Cap Value Portfolio Class IBClass K1290 VT SmartBeta Equity Portfolio Class IBClass K1290 VT Socially Responsible Portfolio Class IAClass IBClass KAll Asset Growth-Alt 20 Portfolio Class IAClass IBClass KATM International Managed Volatility Portfolio Class IBClass KATM Large Cap Managed Volatility Portfolio Class IAClass IBClass KATM Mid Cap Managed Volatility Portfolio Class IAClass IBClass KATM Small Cap Managed Volatility Portfolio Class IAClass IBClass KAXA 2000 Managed Volatility Portfolio Class IAClass IBClass KAXA 400 Managed Volatility Portfolio Class IAClass IBClass KAXA 500 Managed Volatility Portfolio Class IAClass IBClass KAXA Aggressive Strategy Portfolio Class IBClass KAXA Balanced Strategy Portfolio Class IAClass IBClass KAXA Conservative Growth Strategy Portfolio Class IAClass IBClass KAXA Conservative Strategy Portfolio Class IAClass IBClass KAXA Global Equity Managed Volatility Portfolio Class IAClass IBClass KAXA Growth Strategy Portfolio Class IAClass IBClass KAXA International Core Managed Volatility Portfolio Class IAClass IBClass KAXA International Managed Volatility Portfolio Class IBClass KAXA International Value Managed Volatility Portfolio Class IAClass IBClass KAXA Large Cap Core Managed Volatility Portfolio Class IAClass IBClass KAXA Large Cap Growth Managed Volatility Portfolio Class IAClass IBClass KAXA Large Cap Value Managed Volatility Portfolio Class IAClass IBClass KAXA Mid Cap Value Managed Volatility Portfolio Class IAClass IBClass KAXA Moderate Growth Strategy Portfolio Class IAClass IBClass KAXA Ultra Conservative Strategy Portfolio Class IAClass IBClass KAXA/AB Dynamic Growth Portfolio Class IBClass KAXA/AB Dynamic Moderate Growth Portfolio Class IAClass IBClass KAXA/AB Short Duration Government Bond Portfolio Class IAClass IBClass KAXA/AB Small Cap Growth Portfolio Class IAClass IBClass KAXA/Clearbridge Large Cap Growth Portfolio Class IAClass IBClass KAXA/Franklin Balanced Managed Volatility Portfolio Class IAClass IBClass KAXA/Franklin Small Cap Value Managed Volatility Portfolio Class IAClass IBClass KAXA/Franklin Templeton Allocation Managed Volatility Portfolio Class IAClass IBClass KAXA/Janus Enterprise Portfolio Class IAClass IBClass KAXA/Loomis Sayles Growth Portfolio Class IAClass IBClass KAXA/Morgan Stanley Small Cap Growth Portfolio Class IBClass KAXA/Templeton Global Equity Managed Volatility Portfolio Class IAClass IBClass KEQ/BlackRock Basic Value Equity Portfolio Class IAClass IBClass KEQ/Capital Guardian Research Portfolio Class IAClass IBClass KEQ/ClearBridge Select Equity Managed Volatility Portfolio Class IAClass IBClass KEQ/Common Stock Index Portfolio Class IAClass IBClass KEQ/Core Bond Index Portfolio Class IAClass IBClass KEQ/Emerging Markets Equity PLUS Portfolio Class IBClass KEQ/Equity 500 Index Portfolio Class IAClass IBClass KEQ/Global Bond PLUS Portfolio Class IAClass IBClass KEQ/Goldman Sachs Moderate Growth Allocation Class IBClass KEQ/Intermediate Government Bond Portfolio Class IAClass IBClass KEQ/International Equity Index Portfolio Class IAClass IBClass KEQ/Invesco Comstock Portfolio Class IAClass IBClass KEQ/Invesco Moderate Allocation Portfolio Class IBClass KEQ/JPMorgan Value Opportunities Portfolio Class IAClass IBClass KEQ/Large Cap Growth Index Portfolio Class IAClass IBClass KEQ/Large Cap Value Index Portfolio Class IAClass IBClass KEQ/Legg Mason Moderate Allocation Portfolio Class IBClass KEQ/MFS International Growth Portfolio Class IAClass IBClass KEQ/Mid Cap Index Portfolio Class IAClass IBClass KEQ/Money Market Portfolio Class IAClass IBClass KEQ/Oppenheimer Global Portfolio Class IAClass IBClass KEQ/PIMCO Global Real Return Portfolio Class IBClass KEQ/PIMCO Ultra Short Bond Portfolio Class IAClass IBClass KEQ/Quality Bond PLUS Portfolio Class IAClass IBClass KEQ/Small Company Index Portfolio Class IAClass IBClass KEQ/T. Rowe Price Growth Stock Portfolio Class IAClass IBClass KEQ/UBS Growth and Income Portfolio Class IAClass IBClass KMultimanager Aggressive Equity Portfolio Class IAClass IBClass KMultimanager Core Bond Portfolio Class IAClass IBClass KMultimanager Mid Cap Growth Portfolio Class IAClass IBClass KMultimanager Mid Cap Value Portfolio Class IAClass IBClass KMultimanager Technology Portfolio Class IAClass IBClass K

Quarterly Schedule of Portfolio Holdings of a Management Investment Company   —   Form N-Q
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: N-Q         Eq Advisors Trust                                   HTML  44.21M 
 2: EX-99.CERT  Certifications                                      HTML     13K 


N-Q   —   Eq Advisors Trust


This is an HTML Document rendered as filed.  [ Alternative Formats ]



  EQ ADVISORS TRUST  

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act File Number 811-07953

EQ ADVISORS TRUST

(Exact name of registrant as specified in charter)

1290 Avenue of the Americas

New York, New York 10104

(Address of principal executive offices)

PATRICIA LOUIE, ESQ.

Executive Vice President and General Counsel

AXA Equitable Funds Management Group, LLC

1290 Avenue of the Americas

New York, New York 10104

(Name and Address of Agent for Service)

Copies to:

MARK C. AMOROSI, ESQ.

K&L Gates LLP

1601 K. Street N.W.

Washington, D.C. 20006-1600

Telephone: (202) 778-9000

Registrant’s telephone number, including area code: (212) 554-1234

Date of fiscal year end: December 31

Date of reporting period: July 1, 2017September 30, 2017


Item 1. Schedule of Investments.

The following are schedules of investments of the registrant as of September 30, 2017. The schedules have not been audited.


EQ ADVISORS TRUST

ALL ASSET GROWTH-ALT 20 PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2017 (Unaudited)

 

     Number of
Shares
     Value
(Note 1)
 

EXCHANGE TRADED FUNDS:

     

iShares China Large-Cap Fund(x)

     43,605      $ 1,920,364  

iShares Gold Trust(x)*

     1,028,100        12,655,911  

iShares International Developed Property Fund(x)

     91,680        3,492,201  

iShares JP Morgan USD Emerging Markets Bond Fund

     54,480        6,342,562  

iShares MSCI EAFE Small-Cap Fund(x)

     81,760        5,069,120  

iShares MSCI Global Gold Miners Fund

     12,894        240,989  

iShares Silver Trust(x)*

     76,950        1,211,193  

iShares U.S. Oil & Gas Exploration & Production Fund(x)

     20,250        1,189,688  

PowerShares DB Gold Fund*

     107,440        4,380,329  

PowerShares DB Silver Fund*‡

     96,980        2,482,688  

SPDR S&P Emerging Asia Pacific Fund

     5,490        544,443  

SPDR S&P Emerging Markets SmallCap Fund(x)

     32,695        1,620,037  
     

 

 

 

Total Exchange Traded Funds (12.1%)
(Cost $34,432,094)

        41,149,525  
     

 

 

 

INVESTMENT COMPANIES:

     

1290 VT DoubleLine Opportunistic Bond Portfolio‡

     405,571        4,138,558  

1290 VT Equity Income Portfolio‡

     1,056,509        6,562,782  

1290 VT GAMCO Mergers & Acquisitions Portfolio‡

     1,213,460        16,555,575  

1290 VT GAMCO Small Company Value Portfolio‡

     334,977        21,590,228  

1290 VT High Yield Bond Portfolio‡

     965,525        9,768,497  

1290 VT Low Volatility Global Equity Portfolio‡

     458,548        5,323,355  

1290 VT Natural Resources Portfolio‡

     1,816,081        14,988,380  

1290 VT Real Estate Portfolio‡

     1,236,356        13,662,339  

AXA/AB Small Cap Growth Portfolio‡

     1,068,557        22,288,551  

AXA/Janus Enterprise Portfolio*‡

     91,879        1,634,345  

AXA/Loomis Sayles Growth Portfolio‡

     2,086,462        17,265,747  

EQ/BlackRock Basic Value Equity Portfolio‡

     645,094        15,311,840  

EQ/Emerging Markets Equity PLUS Portfolio‡

     947,391        9,567,438  

EQ/Global Bond PLUS Portfolio‡

     2,392,004        22,039,044  

EQ/Intermediate Government Bond Portfolio‡

     506,169        5,233,500  

EQ/International Equity Index Portfolio‡

     1,181,096        11,762,411  

EQ/Invesco Comstock Portfolio‡

     890,461        15,455,502  

EQ/JPMorgan Value Opportunities Portfolio‡

     677,881        13,748,871  

EQ/MFS International Growth Portfolio‡

     3,115,689        25,600,236  

EQ/PIMCO Global Real Return Portfolio‡

     1,331,743        12,873,073  

EQ/PIMCO Ultra Short Bond Portfolio‡

     628,309        6,300,092  

EQ/T. Rowe Price Growth Stock Portfolio*‡

     367,721        17,892,519  

Multimanager Core Bond Portfolio‡

     696,577        6,907,147  
     

 

 

 

Total Investment Companies (87.7%)
(Cost $244,564,418)

        296,470,030  
     

 

 

 
     Principal
Amount
     Value
(Note 1)
 

SHORT-TERM INVESTMENTS:

     

Repurchase Agreements (2.8%)

     

Bank of Nova Scotia (The),
1.20%, dated 9/26/17, due 10/3/17, repurchase price $700,093, collateralized by various U.S. Government Treasury Securities, ranging from 1.500%-2.500%, maturing 12/31/18-2/15/45; total market value $714,381.(xx)

   $ 700,000        700,000  

Citigroup Global Markets Ltd.,
1.05%, dated 9/29/17, due 10/2/17, repurchase price $1,400,123, collateralized by various Foreign Government Agency Securities, ranging from 0.000%-4.875%, maturing 10/19/17-2/15/36, U.S. Government Treasury Securities, ranging from 0.875%-3.625%, maturing 11/30/18-4/30/21; total market value $1,428,000.(xx)

     1,400,000        1,400,000  

Deutsche Bank AG,
1.25%, dated 9/29/17, due 10/2/17, repurchase price $700,073, collateralized by various Corporate Bonds, 2.375%, maturing 6/10/25, Foreign Government Agency Securities, 2.500%, maturing 11/20/24; total market value $714,003.(xx)

     700,000        700,000  

Deutsche Bank AG,
1.25%, dated 9/29/17, due 10/2/17, repurchase price $500,052, collateralized by various Foreign Government Agency Securities, ranging from 1.750%-2.500%, maturing 9/14/22-11/20/24; total market value $510,005.(xx)

     500,000        500,000  

Deutsche Bank AG,
1.20%, dated 9/29/17, due 10/2/17, repurchase price $1,300,130, collateralized by various Corporate Bonds, ranging from 0.875%-1.750%, maturing 7/13/18-7/27/26, Foreign Government Agency Securities, ranging from 1.500%-2.125%, maturing 2/6/19-1/17/23; total market value $1,326,007.(xx)

     1,300,000        1,300,000  

 

See Notes to Portfolio of Investments.

1


EQ ADVISORS TRUST

ALL ASSET GROWTH-ALT 20 PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

     Principal
Amount
     Value
(Note 1)
 

Deutsche Bank AG,
1.20%, dated 9/29/17, due 10/2/17, repurchase price $1,700,170, collateralized by various Corporate Bonds, ranging from 1.750%-2.375%, maturing 6/11/19-7/27/26, Foreign Government Agency Securities, ranging from 1.250%-2.625%, maturing 10/29/18-4/28/21; total market value $1,734,006.(xx)

   $ 1,700,000      $ 1,700,000  

Deutsche Bank Securities, Inc.,
1.06%, dated 9/29/17, due 10/2/17, repurchase price $1,880,974, collateralized by various U.S. Government Treasury Securities, 0.000%, maturing 11/15/30-5/15/39; total market value $1,918,424.(xx)

     1,880,808        1,880,808  

Macquarie Bank Ltd.,
1.07%, dated 9/29/17, due 10/6/17, repurchase price $400,083, collateralized by various U.S. Government Treasury Securities, ranging from 0.000%-8.750%, maturing 10/12/17-2/15/47; total market value $408,311.(xx)

     400,000        400,000  

Macquarie Bank Ltd.,
1.04%, dated 9/29/17, due 10/2/17, repurchase price $800,069, collateralized by various U.S. Government Treasury Securities, ranging from 0.000%-8.750%, maturing 10/12/17-2/15/47; total market value $816,622.(xx)

     800,000        800,000  
     

 

 

 

Total Repurchase Agreements

        9,380,808  
     

 

 

 

Total Short-Term Investments (2.8%)
(Cost $9,380,808)

        9,380,808  
     

 

 

 

Total Investments (102.6%)
(Cost $288,377,320)

        347,000,363  

Other Assets Less Liabilities (-2.6%)

        (8,905,692
     

 

 

 

Net Assets (100%)

      $ 338,094,671  
     

 

 

 

 

* Non-income producing.

 

All, or a portion, of the security is an affiliated company as defined under the Investment Company Act of 1940.

 

(x) All or a portion of security is on loan at September 30, 2017.

 

(xx) At September 30, 2017, the Portfolio had loaned securities with a total value of $9,161,248. This was secured by cash collateral of $9,380,808 which was subsequently invested in joint repurchase agreements with a total value of $9,380,808, for which the Portfolio has a proportionate interest as reported in the Portfolio of Investments as Repurchase Agreements.

The holdings in affiliated Investment Companies are all Class K shares except PowerShares DB Silver Fund.

 

See Notes to Portfolio of Investments.

2


EQ ADVISORS TRUST

ALL ASSET GROWTH-ALT 20 PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

 

Investments in companies which were affiliates for the nine months ended September 30, 2017, were as follows:

 

Security Description

  Shares at
September 30,
2017
    Market Value
December 31,
2016
 ($)
    Purchases
at
Cost ($)
    Proceeds
from
Sales ($)
    Net
Realized
Gain
(Loss) ($)
    Change
in Unrealized
Appreciation/
(Depreciation)
($)
    Market Value
September 30,
2017
 ($)
    Dividend/
Interest
Income
($)
    Capital Gain
Distributions
($)
 

1290 VT DoubleLine Opportunistic Bond Portfolio(a)(bp)(bq)

    405,571       —         4,177,350       (185,700     829       73,109       4,138,558       818       —    

1290 VT Equity Income
Portfolio(b)(az)(ba)

    1,056,509       6,068,611       686,451       (1,874,836     136,924       227,874       6,562,782       —         49,183  

1290 VT GAMCO Mergers & Acquisitions
Portfolio(c)(ax)(ay)

    1,213,460       13,669,683       517,287       (945,216     48       705,862       16,555,575       —         86,754  

1290 VT GAMCO Small Company Value Portfolio(d)(av)(aw)

    334,977       16,489,358       2,379,528       (1,522,382     223,298       1,854,758       21,590,228       —         394,417  

1290 VT High Yield Bond
Portfolio(e)(bh)(bi)

    965,525       8,371,482       1,093,052       (710,445     (1,076     533,494       9,768,497       —         —    

1290 VT Low Volatility Global Equity
Portfolio(f)(br)(bs)

    458,548       —         4,697,759       (226,967     1,967       354,027       5,323,355       9,178       5,165  

1290 VT Natural Resources
Portfolio(g)(bl)(bm)

    1,816,081       11,964,159       358,116       (792,978     (96     439,161       14,988,380       1,095       —    

1290 VT Real Estate
Portfolio(h)(bj)(bk)

    1,236,356       11,176,284       602,378       (1,663,429     21,581       713,738       13,662,339       54,180       107,131  

AXA/AB Small Cap Growth
Portfolio(bd)(be)

    1,068,557       16,523,133       1,388,652       (1,573,128     2,223       2,664,691       22,288,551       —         129,037  

AXA/Janus Enterprise
Portfolio(al)(am)

    91,879       1,177,460       153,369       (71,379     221       134,693       1,634,345       —         125,373  

AXA/Loomis Sayles Growth
Portfolio(an)(ao)

    2,086,462       13,626,510       80,325       (1,474,566     159,863       3,738,386       17,265,747       —         —    

EQ/BlackRock Basic Value Equity
Portfolio(bb)(bc)

    645,094       17,126,779       717,707       (5,371,528     1,092,787       (422,030     15,311,840       —         —    

EQ/Emerging Markets Equity PLUS
Portfolio(bn)(bo)

    947,391       7,509,871       294,046       (1,483,953     (6,074     2,061,691       9,567,438       —         —    

EQ/Global Bond PLUS
Portfolio(af)(ag)

    2,392,004       20,941,495       1,974,575       (2,836,052     (21,553     1,065,315       22,039,044       9,375       —    

EQ/Intermediate Government Bond
Portfolio(ad)(ae)

    506,169       4,760,850       555,071       (345,743     11       51,633       5,233,500       41       1,024  

EQ/International Equity Index
Portfolio(at)(au)

    1,181,096       9,440,531       430,590       (1,269,029     (48,957     1,839,722       11,762,411       —         —    

EQ/Invesco Comstock
Portfolio(ah)(ai)

    890,461       12,560,314       622,489       (1,174,964     34,029       1,507,417       15,455,502       9,839       —    

EQ/JPMorgan Value Opportunities
Portfolio(ar)(as)

    677,881       13,492,012       158,326       (2,697,666     424,005       1,080,797       13,748,871       —         88,478  

EQ/MFS International Growth
Portfolio(ap)(aq)

    3,115,689       19,128,204       913,679       (2,700,184     150,465       5,014,437       25,600,236       —         —    

EQ/PIMCO Global Real Return
Portfolio(bf)(bg)

    1,331,743       11,438,117       1,883,952       (964,175     798       (74,557     12,873,073       168,381       —    

EQ/PIMCO Ultra Short Bond
Portfolio(ab)(ac)

    628,309       5,671,102       1,047,985       (637,391     (2     99,057       6,300,092       1,384       —    

EQ/T. Rowe Price Growth Stock
Portfolio(aj)(ak)

    367,721       14,657,094       869,752       (4,408,061     919,368       3,460,412       17,892,519       —         138,076  

Multimanager Core Bond
Portfolio(aa)

    696,577       6,260,897       630,942       (306,151     211       90,981       6,907,147       115,465       —    

PowerShares DB Silver Fund(bt)(bu)

    96,980       1,740,200       164,722       —         —         34,346       2,482,688       —         —    
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total

      243,794,146       26,398,103       (35,235,923     3,090,870       27,249,014       298,952,718       369,756       1,124,638  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

See Notes to Portfolio of Investments.

3


EQ ADVISORS TRUST

ALL ASSET GROWTH-ALT 20 PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

(a) Formerly known as AXA/DoubleLine Opportunistic Core Plus Bond Portfolio.

 

(b) Formerly known as EQ/Boston Advisors Equity Income Portfolio.

 

(c) Formerly known as EQ/GAMCO Mergers and Acquisitions Portfolio.

 

(d) Formerly known as EQ/GAMCO Small Company Value Portfolio.

 

(e) Formerly known as EQ/High Yield Bond Portfolio.

 

(f) Formerly known as EQ/Low Volatility Global ETF Portfolio.

 

(g) Formerly known as AXA Natural Resources Portfolio.

 

(h) Formerly known as AXA Real Estate Portfolio.

 

(aa) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the Multimanager Core Bond Portfolio with a value of $228,556 (at a cost of $230,267), representing 23,101 shares of the Multimanager Core Bond Portfolio as part of a nontaxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(ab) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the EQ/PIMCO Ultra Short Bond Portfolio with a value of $11,460 (at a cost of $11,500), representing 1,151 shares of the EQ/PIMCO Ultra Short Bond Portfolio as part of a taxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(ac) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the EQ/PIMCO Ultra Short Bond Portfolio with a value of $107,938 (at a cost of $107,881), representing 10,842 shares of the EQ/PIMCO Ultra Short Bond Portfolio as part of a nontaxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(ad) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the EQ/Intermediate Government Bond Portfolio with a value of $19,541 (at a cost of $19,662), representing 1,893 shares of the EQ/Intermediate Government Bond Portfolio as part of a taxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(ae) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the EQ/Intermediate Government Bond Portfolio with a value of $190,706 (at a cost of $192,137), representing 18,469 shares of the EQ/Intermediate Government Bond Portfolio as part of a nontaxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(af) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the EQ/Global Bond PLUS Portfolio with a value of $56,737 (at a cost of $60,042), representing 6,249 shares of the EQ/Global Bond PLUS Portfolio as part of a taxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(ag) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the EQ/Global Bond PLUS Portfolio with a value of $834,746 (at a cost of $858,527), representing 91,940 shares of the EQ/Global Bond PLUS Portfolio as part of a nontaxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(ah) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the EQ/Invesco Comstock Portfolio with a value of $147,324 (at a cost of $125,890), representing 9,166 shares of the EQ/Invesco Comstock Portfolio as part of a taxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(ai) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the EQ/Invesco Comstock Portfolio with a value of $1,918,693 (at a cost of $1,758,893), representing 119,367 shares of the EQ/Invesco Comstock Portfolio as part of a nontaxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(aj) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the EQ/T. Rowe Price Growth Stock Portfolio with a value of $235,899 (at a cost of $167,472), representing 5,190 shares of the EQ/T. Rowe Price Growth Stock Portfolio as part of a taxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(ak) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the EQ/T. Rowe Price Growth Stock Portfolio with a value of $2,803,889 (at a cost of $2,158,055), representing 61,678 shares of the EQ/T. Rowe Price Growth Stock Portfolio as part of a nontaxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(al) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the AXA/Janus Enterprise Portfolio with a value of $34,355 (at a cost of $39,175), representing 1,948 shares of the AXA/Janus Enterprise Portfolio as part of a taxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(am) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the AXA/Janus Enterprise Portfolio with a value of $195,380 (at a cost of $205,626), representing 11,081 shares of the AXA/Janus Enterprise Portfolio as part of a nontaxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(an) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the AXA/Loomis Sayles Growth Portfolio with a value of $147,259 (at a cost of $113,676), representing 19,622 shares of the AXA/Loomis Sayles Growth Portfolio as part of a taxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(ao) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the AXA/Loomis Sayles Growth Portfolio with a value of $1,256,150 (at a cost of $987,970), representing 167,378 shares of the AXA/Loomis Sayles Growth Portfolio as part of a nontaxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(ap) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the EQ/MFS International Growth Portfolio with a value of $242,479 (at a cost of $234,691), representing 31,383 shares of the EQ/MFS International Growth Portfolio as part of a taxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(aq) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the EQ/MFS International Growth Portfolio with a value of $3,152,341 (at a cost of $2,851,156), representing 408,000 shares of the EQ/MFS International Growth Portfolio as part of a nontaxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(ar) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the EQ/JPMorgan Value Opportunities Portfolio with a value of $146,389 (at a cost of $121,112), representing 7,647 shares of the EQ/JPMorgan Value Opportunities Portfolio as part of a taxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(as) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the EQ/JPMorgan Value Opportunities Portfolio with a value of $1,402,724 (at a cost of $1,145,008), representing 73,274 shares of the EQ/JPMorgan Value Opportunities Portfolio as part of a nontaxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(at) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the EQ/International Equity Index Portfolio with a value of $142,288 (at a cost of $147,281), representing 15,054 shares of the EQ/International Equity Index Portfolio as part of a taxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(au) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the EQ/International Equity Index Portfolio with a value of $1,247,602 (at a cost of $1,227,266), representing 131,992 shares of the EQ/International Equity Index Portfolio as part of a nontaxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(av) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the 1290 VT GAMCO Small Company Value Portfolio with a value of $184,134 (at a cost of $167,801), representing 3,116 shares of the 1290 VT GAMCO Small Company Value Portfolio as part of a taxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(aw) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the 1290 VT GAMCO Small Company Value Portfolio with a value of $2,129,049 (at a cost of $1,981,534), representing 36,034 shares of the 1290 VT GAMCO Small Company Value Portfolio as part of a nontaxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(ax) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the 1290 VT GAMCO Mergers & Acquisitions Portfolio with a value of $579,320 (at a cost of $601,174), representing 44,052 shares of the 1290 VT GAMCO Mergers & Acquisitions Portfolio as part of a taxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(ay) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the 1290 VT GAMCO Mergers & Acquisitions Portfolio with a value of $2,035,797 (at a cost of $2,028,591), representing 154,801 shares of the 1290 VT GAMCO Mergers & Acquisitions Portfolio as part of a nontaxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(az) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the 1290 VT Equity Income Portfolio with a value of $87,579 (at a cost of $107,705), representing 14,904 shares of the 1290 VT Equity Income Portfolio as part of a taxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(ba) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the 1290 VT Equity Income Portfolio with a value of $1,098,448 (at a cost of $1,230,179), representing 186,925 shares of the 1290 VT Equity Income Portfolio as part of a nontaxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(bb) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the EQ/BlackRock Basic Value Equity Portfolio with a value of $182,673 (at a cost of $153,266), representing 8,013 shares of the EQ/BlackRock Basic Value Equity Portfolio as part of a taxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(bc) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the EQ/BlackRock Basic Value Equity Portfolio with a value of $2,226,424 (at a cost of $1,985,452), representing 97,668 shares of the EQ/BlackRock Basic Value Equity Portfolio as part of a nontaxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(bd) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the AXA/AB Small Cap Growth Portfolio with a value of $252,028 (at a cost of $289,038), representing 13,038 shares of the AXA/AB Small Cap Growth Portfolio as part of a taxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(be) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the AXA/AB Small Cap Growth Portfolio with a value of $2,965,052 (at a cost of $3,030,951), representing 153,383 shares of the AXA/AB Small Cap Growth Portfolio as part of a nontaxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(bf) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the EQ/PIMCO Global Real Return Portfolio with a value of $36,428 (at a cost of $35,830), representing 3,685 shares of the EQ/PIMCO Global Real Return Portfolio as part of a taxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(bg) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the EQ/PIMCO Global Real Return Portfolio with a value of $560,734 (at a cost of $552,510), representing 56,721 shares of the EQ/PIMCO Global Real Return Portfolio as part of a nontaxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(bh) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the 1290 VT High Yield Bond Portfolio with a value of $45,304 (at a cost of $47,863), representing 4,579 shares of the 1290 VT High Yield Bond Portfolio as part of a taxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(bi) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the 1290 VT High Yield Bond Portfolio with a value of $431,814 (at a cost of $436,686), representing 43,641 shares of the 1290 VT High Yield Bond Portfolio as part of a nontaxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(bj) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the 1290 VT Real Estate Portfolio with a value of $1,173,757 (at a cost of $1,115,310), representing 108,158 shares of the 1290 VT Real Estate Portfolio as part of a taxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(bk) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the 1290 VT Real Estate Portfolio with a value of $1,712,442 (at a cost of $1,638,030), representing 157,796 shares of the 1290 VT Real Estate Portfolio as part of a nontaxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(bl) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the 1290 VT Natural Resources Portfolio with a value of $1,133,258 (at a cost of $1,470,378), representing 145,532 shares of the 1290 VT Natural Resources Portfolio as part of a taxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(bm) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the 1290 VT Natural Resources Portfolio with a value of $1,731,994 (at a cost of $1,886,760), representing 222,420 shares of the 1290 VT Natural Resources Portfolio as part of a nontaxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(bn) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the EQ/Emerging Markets Equity PLUS Portfolio with a value of $88,663 (at a cost of $92,794), representing 9,544 shares of the EQ/Emerging Markets Equity PLUS Portfolio as part of a taxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(bo) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the EQ/Emerging Markets Equity PLUS Portfolio with a value of $1,169,473 (at a cost of $1,103,194), representing 125,882 shares of the EQ/Emerging Markets Equity PLUS Portfolio as part of a nontaxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(bp) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the 1290 VT DoubleLine Opportunistic Bond Portfolio with a value of $4,970 (at a cost of $4,900), representing 494 shares of the 1290 VT DoubleLine Opportunistic Bond Portfolio as part of a taxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(bq) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the 1290 VT DoubleLine Opportunistic Bond Portfolio with a value of $68,965 (at a cost of $68,000), representing 6,861 shares of the 1290 VT DoubleLine Opportunistic Bond Portfolio as part of a nontaxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(br) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the 1290 VT Low Volatility Global Equity Portfolio with a value of $46,569 (at a cost of $45,000), representing 4,189 shares of the 1290 VT Low Volatility Global Equity Portfolio as part of a taxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(bs) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the 1290 VT Low Volatility Global Equity Portfolio with a value of $465,691 (at a cost of $450,000), representing 41,899 shares of the 1290 VT Low Volatility Global Equity Portfolio as part of a nontaxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(bt) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the PowerShares DB Silver Fund Portfolio with a value of $113,231 (at a cost of $152,070), representing 4,340 shares of the PowerShares DB Silver Fund Portfolio as part of a taxable merger. These amounts are not reflected in the purchases and sales listed above.

 

(bu) After the close of business on May 19, 2017, the Portfolio acquired Class K shares of the PowerShares DB Silver Fund Portfolio with a value of $428,920 (at a cost of $430,189), representing 16,440 shares of the PowerShares DB Silver Fund Portfolio as part of a nontaxable merger. These amounts are not reflected in the purchases and sales listed above.

 

See Notes to Portfolio of Investments.

4


EQ ADVISORS TRUST

ALL ASSET GROWTH-ALT 20 PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2017:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

 

Investment Type

   Level 1
Quoted prices in active
markets for  identical
securities
     Level 2
Significant other
observable inputs
(including quoted  prices
for similar securities,
interest rates,
prepayment speeds,
credit risk, etc.)
     Level 3
Significant unobservable
inputs (including the
Portfolio’s  own
assumptions in
determining the fair
value of investments)
     Total  

Assets:

           

Exchange Traded Funds

           

Exchange Traded Funds

   $ 41,149,525      $ —        $ —        $ 41,149,525  

Investment Companies

           

Investment Companies

     —          296,470,030        —          296,470,030  

Short-Term Investments

           

Repurchase Agreements

   $ —        $ 9,380,808      $ —        $ 9,380,808  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Assets

   $ 41,149,525      $ 305,850,838      $ —        $ 347,000,363  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Liabilities

   $ —        $ —        $ —        $ —    
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 41,149,525      $ 305,850,838      $ —        $ 347,000,363  
  

 

 

    

 

 

    

 

 

    

 

 

 

There were no transfers between Levels 1, 2 or 3 during the nine months ended September 30, 2017.

As of September 30, 2017, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investment securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

 

Aggregate gross unrealized appreciation

   $ 61,790,147  

Aggregate gross unrealized depreciation

     (2,633,258
  

 

 

 

Net unrealized appreciation

   $ 59,156,889  
  

 

 

 

Federal income tax cost of investment securities and derivative instruments, if applicable

   $ 287,843,474  
  

 

 

 

 

See Notes to Portfolio of Investments.

5


EQ ADVISORS TRUST

AXA ULTRA CONSERVATIVE STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2017 (Unaudited)

 

     Number of
Shares
     Value
(Note 1)
 

INVESTMENT COMPANIES:

     

AXA 2000 Managed Volatility Portfolio‡

     179,681      $ 3,950,975  

AXA 400 Managed Volatility Portfolio‡

     38,166        887,195  

AXA 500 Managed Volatility Portfolio‡

     402,876        9,363,417  

AXA International Managed Volatility Portfolio‡

     182,550        2,515,918  

EQ/Intermediate Government Bond Portfolio‡

     13,179,043        136,263,683  
     

 

 

 

Total Investment (99.7%)
(Cost $150,768,915)

        152,981,188  

Other Assets Less Liabilities (0.3%)

        479,304  
     

 

 

 

Net Assets (100%)

      $ 153,460,492  
     

 

 

 

 

All, or a portion, of the security is an affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class K shares.

 

See Notes to Portfolio of Investments.

1


EQ ADVISORS TRUST

AXA ULTRA CONSERVATIVE STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

 

Investments in companies which were affiliates for the nine months ended September 30, 2017, were as follows:

 

Security Description

  Shares at
September 30,
2017
    Market Value
December 31,
2016
($)
    Purchases
at
Cost ($)
    Proceeds
from
Sales ($)
    Net
Realized
Gain
(Loss) ($)
    Change
in Unrealized
Appreciation/
(Depreciation)
($)
    Market Value
September 30,
2017
($)
    Dividend/
Interest
Income
($)
    Capital Gain
Distributions
($)
 

AXA 2000 Managed Volatility Portfolio

    179,681       5,566,829       1,673,620       (3,694,720     319,127       86,119       3,950,975       —         55,500  

AXA 400 Managed Volatility Portfolio

    38,166       1,359,097       470,784       (1,037,063     59,909       34,468       887,195       —         8,464  

AXA 500 Managed Volatility Portfolio

    402,876       15,353,402       5,827,374       (13,273,287     832,608       623,320       9,363,417       —         48,375  

AXA International Managed Volatility Portfolio

    182,550       4,210,919       1,386,960       (3,666,189     207,609       376,619       2,515,918       —         —    

EQ/Intermediate Government Bond Portfolio

    13,179,043       217,145,971       86,178,651       (168,671,326     (2,035,532     3,645,919       136,263,683       1,189       29,880  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total

      243,636,218       95,537,389       (190,342,585     (616,279     4,766,445       152,981,188       1,189       142,219  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

See Notes to Portfolio of Investments.

2


EQ ADVISORS TRUST

AXA ULTRA CONSERVATIVE STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2017:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

 

Investment Type

   Level 1
Quoted prices in active
markets for identical
securities
     Level 2
Significant other
observable inputs
(including quoted prices
for similar securities,
interest rates,
prepayment speeds,
credit risk, etc.)
     Level 3
Significant unobservable
inputs (including the
Portfolio’s own
assumptions in
determining the fair
value of investments)
     Total  

Assets:

           

Investment Companies

           

Investment Companies

   $ —        $ 152,981,188      $ —        $ 152,981,188  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Assets

   $ —        $ 152,981,188      $ —        $ 152,981,188  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Liabilities

   $ —        $ —        $ —        $ —    
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ —        $ 152,981,188      $ —        $ 152,981,188  
  

 

 

    

 

 

    

 

 

    

 

 

 

There were no transfers between Levels 1, 2 or 3 during the nine months ended September 30, 2017.

As of September 30, 2017, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investment securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

 

Aggregate gross unrealized appreciation

   $ 4,344,145  

Aggregate gross unrealized depreciation

     (2,150,441
  

 

 

 

Net unrealized appreciation

   $ 2,193,704  
  

 

 

 

Federal income tax cost of investment securities and derivative instruments, if applicable

   $ 150,787,484  
  

 

 

 

 

See Notes to Portfolio of Investments.

3


EQ ADVISORS TRUST

AXA CONSERVATIVE STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2017 (Unaudited)

 

     Number of
Shares
     Value
(Note 1)
 

INVESTMENT COMPANIES:

     

AXA 2000 Managed Volatility Portfolio‡

     1,702,628      $ 37,438,760  

AXA 400 Managed Volatility Portfolio‡

     181,300        4,214,404  

AXA 500 Managed Volatility Portfolio‡

     4,656,942        108,233,882  

AXA International Managed Volatility Portfolio‡

     2,035,273        28,050,358  

AXA/AB Short Duration Government Bond Portfolio‡

     9,177,017        91,181,360  

EQ/Core Bond Index Portfolio‡

     27,300,840        274,285,880  

EQ/Intermediate Government Bond Portfolio‡

     29,220,807        302,126,255  
     

 

 

 

Total Investments (100.0%)
(Cost $782,353,085)

        845,530,899  

Other Assets Less Liabilities (0.0%)

        (239,918
     

 

 

 

Net Assets (100%)

      $ 845,290,981  
     

 

 

 

 

All, or a portion, of the security is an affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class K shares.

 

See Notes to Portfolio of Investments.

1


EQ ADVISORS TRUST

AXA CONSERVATIVE STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

 

Investments in companies which were affiliates for the nine months ended September 30, 2017, were as follows:

 

Security Description

  Shares at
September 30,
2017
    Market Value
December 31,
2016
($)
    Purchases
at
Cost ($)
    Proceeds
from
Sales ($)
    Net
Realized
Gain
(Loss) ($)
    Change
in Unrealized
Appreciation/
(Depreciation)
($)
    Market Value
September 30,
2017
($)
    Dividend/
Interest
Income
($)
    Capital Gain
Distributions
($)
 

AXA 2000 Managed Volatility Portfolio

    1,702,628       38,440,500       1,701,912       (5,902,286     435,756       2,762,878       37,438,760       —         485,965  

AXA 400 Managed Volatility Portfolio

    181,300       6,371,941       280,598       (2,880,457     411,157       31,165       4,214,404       —         37,409  

AXA 500 Managed Volatility Portfolio

    4,656,942       114,341,318       4,552,929       (24,370,955     3,337,426       10,373,164       108,233,882       —         499,774  

AXA International Managed Volatility Portfolio

    2,035,273       29,965,078       972,757       (8,261,829     56,481       5,317,871       28,050,358       —         —    

AXA/AB Short Duration Government Bond Portfolio

    9,177,017       104,100,752       4,388,504       (17,648,231     (6,012     346,347       91,181,360       11,096       —    

EQ/Core Bond Index Portfolio

    27,300,840       292,601,029       15,874,698       (39,871,930     (821     5,682,904       274,285,880       —         —    

EQ/Intermediate Government Bond Portfolio

    29,220,807       324,892,196       21,019,434       (47,061,950     1,270       3,275,305       302,126,255       2,348       58,999  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total

      910,712,814       48,790,832       (145,997,638     4,235,257       27,789,634       845,530,899       13,444       1,082,147  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

See Notes to Portfolio of Investments.

2


EQ ADVISORS TRUST

AXA CONSERVATIVE STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2017:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

 

Investment Type

   Level 1
Quoted prices in active
markets for identical
securities
     Level 2
Significant other
observable inputs
(including quoted prices
for similar securities,
interest rates,
prepayment speeds,
credit risk, etc.)
     Level 3
Significant unobservable
inputs (including the
Portfolio’s own
assumptions in
determining the fair
value of investments)
     Total  

Assets:

           

Investment Companies

           

Investment Companies

   $ —        $ 845,530,899      $ —        $ 845,530,899  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Assets

   $ —        $ 845,530,899      $ —        $ 845,530,899  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Liabilities

   $ —        $ —        $ —        $ —    
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ —        $ 845,530,899      $ —        $ 845,530,899  
  

 

 

    

 

 

    

 

 

    

 

 

 

There were no transfers between Levels 1, 2 or 3 during the nine months ended September 30, 2017.

As of September 30, 2017, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investment securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

 

Aggregate gross unrealized appreciation

   $ 63,453,906  

Aggregate gross unrealized depreciation

     (323,577
  

 

 

 

Net unrealized appreciation

   $ 63,130,329  
  

 

 

 

Federal income tax cost of investment securities and derivative instruments, if applicable

   $ 782,400,570  
  

 

 

 

 

See Notes to Portfolio of Investments.

3


EQ ADVISORS TRUST

AXA CONSERVATIVE GROWTH STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2017 (Unaudited)

 

     Number of
Shares
     Value
(Note 1)
 

INVESTMENT COMPANIES:

     

AXA 2000 Managed Volatility Portfolio‡

     6,252,035      $ 137,474,774  

AXA 400 Managed Volatility Portfolio‡

     498,154        11,579,810  

AXA 500 Managed Volatility Portfolio‡

     17,504,850        406,837,369  

AXA International Managed Volatility Portfolio‡

     7,406,493        102,077,092  

AXA/AB Short Duration Government Bond Portfolio‡

     10,959,562        108,892,441  

EQ/Core Bond Index Portfolio‡

     38,806,321        389,879,073  

EQ/Intermediate Government Bond Portfolio‡

     41,734,982        431,515,583  
     

 

 

 

Total Investments (100.0%)
(Cost $1,372,726,488)

        1,588,256,142  

Other Assets Less Liabilities (0.0%)

        603,324  
     

 

 

 

Net Assets (100%)

      $ 1,588,859,466  
     

 

 

 

 

All, or a portion, of the security is an affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class K shares.

 

See Notes to Portfolio of Investments.

1


EQ ADVISORS TRUST

AXA CONSERVATIVE GROWTH STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

 

Investments in companies which were affiliates for the nine months ended September 30, 2017, were as follows:

 

Security Description

  Shares at
September 30,
2017
    Market Value
December 31,
2016
($)
    Purchases
at
Cost ($)
    Proceeds
from
Sales ($)
    Net
Realized
Gain
(Loss) ($)
    Change
in Unrealized
Appreciation/
(Depreciation)
($)
    Market Value
September 30,
2017
($)
    Dividend/
Interest
Income
($)
    Capital Gain
Distributions
($)
 

AXA 2000 Managed Volatility Portfolio

    6,252,035       128,263,478       3,304,142       (5,602,168 )      211,217       11,298,105       137,474,774       —         1,778,331  

AXA 400 Managed Volatility Portfolio

    498,154       12,831,307       298,802       (2,543,828 )      149,051       844,478       11,579,810       —         101,923  

AXA 500 Managed Volatility Portfolio

    17,504,850       387,943,822       6,840,031       (37,154,159 )      3,850,388       45,357,287       406,837,369       —         1,868,841  

AXA International Managed Volatility Portfolio

    7,406,493       98,608,346       1,230,493       (16,431,426 )      (1,112     18,670,791       102,077,092       —         —    

AXA/AB Short Duration Government Bond Portfolio

    10,959,562       111,952,521       2,631,201       (6,086,738 )      (84     395,541       108,892,441       13,193       —    

EQ/Core Bond Index Portfolio

    38,806,321       373,675,463       21,978,993       (13,509,589 )      (49     7,734,255       389,879,073       —         —    

EQ/Intermediate Government Bond Portfolio

    41,734,982       417,847,937       25,083,682       (15,884,901 )      (30     4,468,895       431,515,583       3,337       83,835  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total

      1,531,122,874       61,367,344       (97,212,809     4,209,381       88,769,352       1,588,256,142       16,530       3,832,930  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

See Notes to Portfolio of Investments.

2


EQ ADVISORS TRUST

AXA CONSERVATIVE GROWTH STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2017:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

 

Investment Type

   Level 1
Quoted prices in active
markets for identical
securities
     Level 2
Significant other
observable inputs
(including quoted prices
for similar securities,
interest rates,
prepayment speeds,
credit risk, etc.)
     Level 3
Significant unobservable
inputs (including the
Portfolio’s own
assumptions in
determining the fair
value of investments)
     Total  

Assets:

           

Investment Companies

           

Investment Companies

   $ —        $ 1,588,256,142      $ —        $ 1,588,256,142  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Assets

   $ —        $ 1,588,256,142      $ —        $ 1,588,256,142  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Liabilities

   $ —        $ —        $ —        $ —    
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ —        $ 1,588,256,142      $ —        $ 1,588,256,142  
  

 

 

    

 

 

    

 

 

    

 

 

 

There were no transfers between Levels 1, 2 or 3 during the nine months ended September 30, 2017.

As of September 30, 2017, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investment securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

 

Aggregate gross unrealized appreciation

   $ 215,465,266  

Aggregate gross unrealized depreciation

     (28,499
  

 

 

 

Net unrealized appreciation

   $ 215,436,767  
  

 

 

 

Federal income tax cost of investment securities and derivative instruments, if applicable

   $ 1,372,819,375  
  

 

 

 

 

See Notes to Portfolio of Investments.

3


EQ ADVISORS TRUST

AXA BALANCED STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2017 (Unaudited)

 

     Number of
Shares
     Value
(Note 1)
 

INVESTMENT COMPANIES:

     

AXA 2000 Managed Volatility Portfolio‡

     17,480,267      $ 384,370,194  

AXA 400 Managed Volatility Portfolio‡

     1,481,216        34,431,552  

AXA 500 Managed Volatility Portfolio‡

     49,346,853        1,146,890,385  

AXA International Managed Volatility Portfolio‡

     21,042,420        290,008,928  

AXA/AB Short Duration Government Bond Portfolio‡

     20,622,886        204,905,673  

EQ/Core Bond Index Portfolio‡

     72,735,387        730,757,364  

EQ/Intermediate Government Bond Portfolio‡

     78,094,121        807,448,069  
     

 

 

 

Total Investments (100.0%)
(Cost $3,028,784,652)

        3,598,812,165  

Other Assets Less Liabilities (0.0%)

        610,880  
     

 

 

 

Net Assets (100%)

      $ 3,599,423,045  
     

 

 

 

 

All, or a portion, of the security is an affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class K shares.

 

See Notes to Portfolio of Investments.

1


EQ ADVISORS TRUST

AXA BALANCED STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

 

Investments in companies which were affiliates for the nine months ended September 30, 2017, were as follows:    

 

Security Description

  Shares at
September 30,
2017
    Market Value
December 31,
2016
($)
    Purchases
at
Cost ($)
    Proceeds
from
Sales ($)
    Net
Realized
Gain
(Loss) ($)
    Change
in Unrealized
Appreciation/
(Depreciation)
($)
    Market Value
September 30,
2017
($)
    Dividend/
Interest
Income
($)
    Capital Gain
Distributions
($)
 

AXA 2000 Managed Volatility Portfolio

    17,480,267       356,645,750       8,616,114       (12,984,220     233,312       31,859,238       384,370,194       —         4,970,146  

AXA 400 Managed Volatility Portfolio

    1,481,216       36,907,882       769,889       (6,118,490     342,362       2,529,909       34,431,552       —         302,457  

AXA 500 Managed Volatility Portfolio

    49,346,853       1,078,339,847       17,042,350       (86,025,943     7,621,741       129,912,390       1,146,890,385       —         5,263,067  

AXA International Managed Volatility Portfolio

    21,042,420       270,193,494       2,991,564       (35,088,335     6,672       51,905,533       290,008,928       —         —    

AXA/AB Short Duration Government Bond Portfolio

    20,622,886       208,528,543       4,603,346       (8,965,731     (110     739,625       204,905,673       24,809       —    

EQ/Core Bond Index Portfolio

    72,735,387       687,828,792       48,351,478       (19,777,347     1,099       14,353,342       730,757,364       —         —    

EQ/Intermediate Government Bond Portfolio

    78,094,121       769,944,454       52,693,234       (23,469,118     (40     8,279,539       807,448,069       6,237       156,709  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total

      3,408,388,762       135,067,975       (192,429,184     8,205,036       239,579,576       3,598,812,165       31,046       10,692,379  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

See Notes to Portfolio of Investments.

2


EQ ADVISORS TRUST

AXA BALANCED STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2017:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

 

Investment Type

   Level 1
Quoted prices in active
markets for identical
securities
     Level 2
Significant other
observable inputs
(including quoted prices
for similar securities,
interest rates,
prepayment speeds,
credit risk, etc.)
     Level 3
Significant unobservable
inputs (including the
Portfolio’s own
assumptions in
determining the fair
value of investments)
     Total  

Assets:

           

Investment Companies

           

Investment Companies

   $ —        $ 3,598,812,165      $ —        $ 3,598,812,165  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Assets

   $ —        $ 3,598,812,165      $ —        $ 3,598,812,165  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Liabilities

   $ —        $ —        $ —        $ —    
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ —        $ 3,598,812,165      $ —        $ 3,598,812,165  
  

 

 

    

 

 

    

 

 

    

 

 

 

There were no transfers between Levels 1, 2 or 3 during the nine months ended September 30, 2017.

As of September 30, 2017, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investment securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

 

Aggregate gross unrealized appreciation

   $ 569,894,167  

Aggregate gross unrealized depreciation

     (53,637
  

 

 

 

Net unrealized appreciation

   $ 569,840,530  
  

 

 

 

Federal income tax cost of investment securities and derivative instruments, if applicable

   $ 3,028,971,635  
  

 

 

 

 

See Notes to Portfolio of Investments.

3


EQ ADVISORS TRUST

AXA MODERATE GROWTH STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2017 (Unaudited)

 

     Number of
Shares
     Value
(Note 1)
 

INVESTMENT COMPANIES:

     

AXA 2000 Managed Volatility Portfolio‡

     42,813,378      $ 941,415,031  

AXA 400 Managed Volatility Portfolio‡

     3,778,736        87,838,471  

AXA 500 Managed Volatility Portfolio‡

     121,222,840        2,817,389,586  

AXA International Managed Volatility Portfolio‡

     51,504,181        709,836,223  

AXA/AB Short Duration Government Bond Portfolio‡

     32,264,016        320,570,067  

EQ/Core Bond Index Portfolio‡

     119,850,819        1,204,116,351  

EQ/Intermediate Government Bond Portfolio‡

     126,468,268        1,307,608,776  
     

 

 

 

Total Investments (100.0%)
(Cost $5,943,992,142)

        7,388,774,505  

Other Assets Less Liabilities (0.0%)

 

     (50,123
     

 

 

 

Net Assets (100%)

      $ 7,388,724,382  
     

 

 

 

 

All, or a portion, of the security is an affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class K shares.

 

See Notes to Portfolio of Investments.

1


EQ ADVISORS TRUST

AXA MODERATE GROWTH STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

 

Investments in companies which were affiliates for the nine months ended September 30, 2017, were as follows:

 

Security Description

  Shares at
September 30,
2017
    Market Value
December 31,
2016
($)
    Purchases
at
Cost ($)
    Proceeds
from
Sales ($)
    Net
Realized
Gain
(Loss) ($)
    Change
in Unrealized
Appreciation/
(Depreciation)
($)
    Market Value
September 30,
2017
($)
    Dividend/
Interest
Income
($)
    Capital Gain
Distributions
($)
 

AXA 2000 Managed Volatility Portfolio

    42,813,378       869,174,669       16,636,648       (23,151,784     573,699       78,181,799       941,415,031       —         12,176,947  

AXA 400 Managed Volatility Portfolio

    3,778,736       91,902,580       1,341,295       (12,555,547     698,023       6,452,120       87,838,471       —         771,971  

AXA 500 Managed Volatility Portfolio

    121,222,840       2,642,042,285       27,254,944       (189,171,263     17,567,261       319,696,359       2,817,389,586       —         12,926,969  

AXA International Managed Volatility Portfolio

    51,504,181       643,270,051       3,605,716       (62,168,464     (15,491     125,144,411       709,836,223       —         —    

AXA/AB Short Duration Government Bond Portfolio

    32,264,016       327,509,532       5,200,792       (13,299,961     (87     1,159,791       320,570,067       38,836       —    

EQ/Core Bond Index Portfolio

    119,850,819       1,122,741,930       87,363,235       (29,555,469     949       23,565,706       1,204,116,351       —         —    

EQ/Intermediate Government Bond Portfolio

    126,468,268       1,238,640,444       90,570,781       (34,973,971     (122     13,371,644       1,307,608,776       10,097       253,689  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total

      6,935,281,491       231,973,411       (364,876,459     18,824,232       567,571,830       7,388,774,505       48,933       26,129,576  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

See Notes to Portfolio of Investments.

2


EQ ADVISORS TRUST

AXA MODERATE GROWTH STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2017:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

 

Investment Type

   Level 1
Quoted prices in active
markets for identical
securities
     Level 2
Significant other
observable inputs
(including quoted prices
for similar securities,
interest rates,
prepayment speeds,
credit risk, etc.)
     Level 3
Significant unobservable
inputs (including the
Portfolio’s own
assumptions in
determining the fair
value of investments)
     Total  

Assets:

           

Investment Companies

           

Investment Companies

   $ —        $ 7,388,774,505      $ —        $ 7,388,774,505  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Assets

   $ —        $ 7,388,774,505      $ —        $ 7,388,774,505  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Liabilities

   $ —        $ —        $ —        $ —    
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ —        $ 7,388,774,505      $ —        $ 7,388,774,505  
  

 

 

    

 

 

    

 

 

    

 

 

 

There were no transfers between Levels 1, 2 or 3 during the nine months ended September 30, 2017.

As of September 30, 2017, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investment securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

 

Aggregate gross unrealized appreciation

   $ 1,444,561,159  

Aggregate gross unrealized depreciation

     (91,634
  

 

 

 

Net unrealized appreciation

   $ 1,444,469,525  
  

 

 

 

Federal income tax cost of investment securities and derivative instruments, if applicable

   $ 5,944,304,980  
  

 

 

 

 

See Notes to Portfolio of Investments.

3


EQ ADVISORS TRUST

AXA GROWTH STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2017 (Unaudited)

 

     Number of
Shares
     Value
(Note 1)
 

INVESTMENT COMPANIES:

     

AXA 2000 Managed Volatility Portfolio‡

     33,099,394      $ 727,816,131  

AXA 400 Managed Volatility Portfolio‡

     3,225,339        74,974,494  

AXA 500 Managed Volatility Portfolio‡

     95,624,739        2,222,453,653  

AXA International Managed Volatility Portfolio‡

     40,611,805        559,716,324  

AXA/AB Short Duration Government Bond Portfolio‡

     16,719,449        166,121,749  

EQ/Core Bond Index Portfolio‡

     59,300,578        595,780,624  

EQ/Intermediate Government Bond Portfolio‡

     62,946,193        650,827,241  
     

 

 

 

Total Investments (100.0%)
(Cost $4,114,076,882)

        4,997,690,216  

Other Assets Less Liabilities (0.0%)

        334,367  
     

 

 

 

Net Assets (100%)

      $ 4,998,024,583  
     

 

 

 

 

All, or a portion, of the security is an affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class K shares.

 

See Notes to Portfolio of Investments.

1


EQ ADVISORS TRUST

AXA GROWTH STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

 

Investments in companies which were affiliates for the nine months ended September 30, 2017, were as follows:

 

Security Description

  Shares at
September 30,
2017
    Market Value
December 31,
2016
($)
    Purchases
at
Cost ($)
    Proceeds
from
Sales ($)
    Net
Realized
Gain
(Loss) ($)
    Change
in Unrealized
Appreciation/
(Depreciation)
($)
    Market Value
September 30,
2017
($)
    Dividend/
Interest
Income
($)
    Capital Gain
Distributions
($)
 

AXA 2000 Managed Volatility Portfolio

    33,099,394       642,641,142       30,655,985       (5,573,304     352       60,091,956       727,816,131       —         9,391,515  

AXA 400 Managed Volatility Portfolio

    3,225,339       74,813,726       3,362,939       (9,159,330     372,625       5,584,534       74,974,494       —         656,551  

AXA 500 Managed Volatility Portfolio

    95,624,739       1,975,425,064       78,212,716       (90,104,572     1,593,150       257,327,295       2,222,453,653       —         10,166,411  

AXA International Managed Volatility Portfolio

    40,611,805       464,976,417       17,011,576       (15,388,643     498       93,116,476       559,716,324       —         —    

AXA/AB Short Duration Government Bond Portfolio

    16,719,449       158,411,178       9,152,583       (2,026,656     (7     584,651       166,121,749       20,048       —    

EQ/Core Bond Index Portfolio

    59,300,578       526,836,789       62,198,203       (4,559,976     (17     11,305,625       595,780,624       —         —    

EQ/Intermediate Government Bond Portfolio

    62,946,193       583,704,735       66,072,122       (5,370,638     —       6,421,022       650,827,241       5,011       125,895  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total

      4,426,809,051       266,666,124       (132,183,119     1,966,601       434,431,559       4,997,690,216       25,059       20,340,372  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

# Amount represents less than $0.50.

 

See Notes to Portfolio of Investments.

2


EQ ADVISORS TRUST

AXA GROWTH STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2017:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

 

Investment Type

   Level 1
Quoted prices in active
markets for identical
securities
     Level 2
Significant other
observable inputs
(including quoted prices
for similar securities,
interest rates,
prepayment speeds,
credit risk, etc.)
     Level 3
Significant unobservable
inputs (including the
Portfolio’s own
assumptions in
determining the fair
value of investments)
     Total  

Assets:

           

Investment Companies

           

Investment Companies

   $ —        $ 4,997,690,216      $ —        $ 4,997,690,216  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Assets

   $ —        $ 4,997,690,216      $ —        $ 4,997,690,216  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Liabilities

   $ —        $ —        $ —        $ —    
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ —        $ 4,997,690,216      $ —        $ 4,997,690,216  
  

 

 

    

 

 

    

 

 

    

 

 

 

There were no transfers between Levels 1, 2 or 3 during the nine months ended September 30, 2017.

As of September 30, 2017, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investment securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

 

Aggregate gross unrealized appreciation

   $ 883,441,811  

Aggregate gross unrealized depreciation

     (17,328
  

 

 

 

Net unrealized appreciation

   $ 883,424,483  
  

 

 

 

Federal income tax cost of investment securities and derivative instruments, if applicable

   $ 4,114,265,733  
  

 

 

 

 

See Notes to Portfolio of Investments.

3


EQ ADVISORS TRUST

AXA AGGRESSIVE STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2017 (Unaudited)

 

     Number of
Shares
     Value
(Note 1)
 

INVESTMENT COMPANIES:

     

AXA 2000 Managed Volatility Portfolio‡

     24,975,849      $ 549,189,073  

AXA 400 Managed Volatility Portfolio‡

     2,412,236        56,073,534  

AXA 500 Managed Volatility Portfolio‡

     73,058,821        1,697,989,915  

AXA International Managed Volatility Portfolio‡

     31,033,127        427,701,928  

AXA/AB Short Duration Government Bond Portfolio‡

     7,526,669        74,783,776  

EQ/Core Bond Index Portfolio‡

     25,350,628        254,692,511  

EQ/Intermediate Government Bond Portfolio‡

     27,057,134        279,755,120  
     

 

 

 

Total Investments (100.0%)
(Cost $2,893,804,402)

        3,340,185,857  

Other Assets Less Liabilities (0.0%)

        1,056,443  
     

 

 

 

Net Assets (100%)

      $ 3,341,242,300  
     

 

 

 

 

All, or a portion, of the security is an affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class K shares.

 

See Notes to Portfolio of Investments.

1


EQ ADVISORS TRUST

AXA AGGRESSIVE STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

 

Investments in companies which were affiliates for the nine months ended September 30, 2017, were as follows:

 

Security Description

  Shares at
September 30,
2017
    Market Value
December 31,
2016
($)
    Purchases
at
Cost ($)
    Proceeds
from
Sales ($)
    Net
Realized
Gain
(Loss) ($)
    Change
in Unrealized
Appreciation/
(Depreciation)
($)
    Market Value
September 30,
2017
($)
    Dividend/
Interest
Income
($)
    Capital Gain
Distributions
($)
 

AXA 2000 Managed Volatility Portfolio

    24,975,849       450,240,374       56,736,696       (2,154,019     89       44,365,933       549,189,073       —         7,039,403  

AXA 400 Managed Volatility Portfolio

    2,412,236       50,752,428       6,798,454       (5,663,526     76,495       4,109,683       56,073,534       —         487,687  

AXA 500 Managed Volatility Portfolio

    73,058,821       1,378,420,931       167,057,890       (36,276,538     40,484       188,747,148       1,697,989,915       —         7,711,014  

AXA International Managed Volatility Portfolio

    31,033,127       327,464,461       39,442,296       (7,509,539     125       68,304,585       427,701,928       —         —    

AXA/AB Short Duration Government Bond Portfolio

    7,526,669       64,111,089       10,863,934       (444,480     —         253,233       74,783,776       8,937       —    

EQ/Core Bond Index Portfolio

    25,350,628       208,049,234       43,045,378       (1,025,723     (33     4,623,655       254,692,511       —         —    

EQ/Intermediate Government Bond Portfolio

    27,057,134       230,837,712       47,456,620       (1,162,487     (1     2,623,276       279,755,120       2,138       53,721  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total

      2,709,876,229       371,401,268       (54,236,312     117,159       313,027,513       3,340,185,857       11,075       15,291,825  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

See Notes to Portfolio of Investments.

2


EQ ADVISORS TRUST

AXA AGGRESSIVE STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2017:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

 

Investment Type

   Level 1
Quoted prices in active
markets for identical
securities
     Level 2
Significant other
observable inputs
(including quoted prices
for similar securities,
interest rates,
prepayment speeds,
credit risk, etc.)
     Level 3
Significant unobservable
inputs (including the
Portfolio’s own
assumptions in
determining the fair
value of investments)
     Total  

Assets:

           

Investment Companies

           

Investment Companies

   $ —        $ 3,340,185,857      $ —        $ 3,340,185,857  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Assets

   $ —        $ 3,340,185,857      $ —        $ 3,340,185,857  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Liabilities

   $ —        $ —        $ —        $ —    
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ —        $ 3,340,185,857      $ —        $ 3,340,185,857  
  

 

 

    

 

 

    

 

 

    

 

 

 

There were no transfers between Levels 1, 2 or 3 during the nine months ended September 30, 2017.

As of September 30, 2017, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

 

Aggregate gross unrealized appreciation

   $ 441,760,946  

Aggregate gross unrealized depreciation

     (1,117,757
  

 

 

 

Net unrealized appreciation

   $ 440,643,189  
  

 

 

 

Federal income tax cost of investment securities and derivative instruments, if applicable

   $ 2,899,542,668  
  

 

 

 

 

See Notes to Portfolio of Investments.

3


EQ ADVISORS TRUST

AXA/FRANKLIN TEMPLETON ALLOCATION MANAGED VOLATILITY PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2017 (Unaudited)

 

     Number of
Shares
     Value
(Note 1)
 

INVESTMENT COMPANIES:

     

AXA/Franklin Balanced Managed Volatility Portfolio‡

     36,850,780      $ 419,071,152  

AXA/Mutual Large Cap Equity Managed Volatility Portfolio‡

     27,986,345        417,619,035  

AXA/Templeton Global Equity Managed Volatility Portfolio‡

     31,870,564        432,099,548  
     

 

 

 

Total Investment Companies (100.0%)
(Cost $799,870,364)

        1,268,789,735  
     

 

 

 

Total Investments (100.0%)
(Cost $799,870,364)

        1,268,789,735  

Other Assets Less Liabilities (0.0%)

        (12,524
     

 

 

 

Net Assets (100%)

      $ 1,268,777,211  
     

 

 

 

 

All, or a portion, of the security is an affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class K shares.

 

See Notes to Portfolio of Investments.

1


EQ ADVISORS TRUST

AXA/FRANKLIN TEMPLETON ALLOCATION MANAGED VOLATILITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

 

Investments in companies which were affiliates for the nine months ended September 30, 2017, were as follows:

 

Security Description

  Shares at
September 30,
2017
    Market Value
December 31,
2016
($)
    Purchases
at
Cost ($)
    Proceeds
from
Sales ($)
    Net
Realized
Gain
(Loss) ($)
    Change
in Unrealized
Appreciation/
(Depreciation)
($)
    Market Value
September 30,
2017
($)
    Dividend/
Interest
Income
($)
    Capital Gain
Distributions
($)
 

AXA/Franklin Balanced Managed Volatility Portfolio

    36,850,780       396,938,807       21,203,788       (29,589,263 )      11,373       30,506,447       419,071,152       —         —    

AXA/Mutual Large Cap Equity Managed Volatility Portfolio

    27,986,345       414,914,034       10,816,886       (41,589,263 )      7,687,995       25,789,383       417,619,035       352,745       5,235,353  

AXA/Templeton Global Equity Managed Volatility Portfolio

    31,870,564       408,537,948       1,479,232       (41,073,141 )      5,718,529       57,436,980       432,099,548       —         —    
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total

      1,220,390,789       33,499,906       (112,251,667     13,417,897       113,732,810       1,268,789,735       352,745       5,235,353  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

See Notes to Portfolio of Investments.

2


EQ ADVISORS TRUST

AXA/FRANKLIN TEMPLETON ALLOCATION MANAGED VOLATILITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2017:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

 

Investment Type

   Level 1
Quoted prices in active
markets for identical
securities
     Level 2
Significant other
observable inputs
(including quoted prices
for similar securities,
interest rates,
prepayment speeds,
credit risk, etc.)
     Level 3
Significant unobservable
inputs (including the
Portfolio’s own
assumptions in
determining the fair
value of investments)
     Total  

Assets:

           

Investment Companies

           

Investment Companies

   $ —        $ 1,268,789,735      $ —        $ 1,268,789,735  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Assets

   $ —        $ 1,268,789,735      $ —        $ 1,268,789,735  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Liabilities

   $ —        $ —        $ —        $ —    
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ —        $ 1,268,789,735      $ —        $ 1,268,789,735  
  

 

 

    

 

 

    

 

 

    

 

 

 

There were no transfers between Levels 1, 2 or 3 during the nine months ended September 30, 2017.

As of September 30, 2017, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investment securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

 

Aggregate gross unrealized appreciation

   $ 469,268,006  

Aggregate gross unrealized depreciation

     —    
  

 

 

 

Net unrealized appreciation

   $ 469,268,006  
  

 

 

 

Federal income tax cost of investment securities and derivative instruments, if applicable

   $ 799,521,729  
  

 

 

 

 

See Notes to Portfolio of Investments.

3


EQ ADVISORS TRUST

1290 VT ENERGY PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2017 (Unaudited)

 

     Number of
Shares
     Value
(Note 1)
 

EXCHANGE TRADED FUNDS:

     

Energy Select Sector SPDR Fund

     18,320      $ 1,254,554  

iShares Global Clean Energy Fund(x)

     13,520        121,410  

iShares Global Energy Fund

     11,520        391,565  

iShares North American Natural Resources Fund(x)

     7,450        250,841  

iShares U.S. Energy Fund(x)

     20,080        751,594  

iShares U.S. Oil & Gas Exploration & Production Fund(x)

     2,090        122,787  

iShares U.S. Oil Equipment & Services Fund(x)

     3,680        130,088  

PowerShares Cleantech Portfolio

     1,980        81,792  

PowerShares DWA Energy Momentum Portfolio

     3,760        134,533  

PowerShares Dynamic Energy Exploration & Production Portfolio

     6,850        141,668  

PowerShares Dynamic Oil & Gas Services Portfolio

     12,650        125,362  

Powershares Global Clean Energy Portfolio

     6,190        78,365  

PowerShares S&P SmallCap Energy Portfolio

     16,200        239,922  

PowerShares WilderHill Clean Energy Portfolio

     21,010        98,747  

PowerShares WilderHill Progressive Energy Portfolio

     2,570        68,131  

SPDR S&P Oil & Gas Equipment & Services Fund(x)

     7,750        128,495  

SPDR S&P Oil & Gas Exploration & Production Fund

     3,690        125,792  

Vanguard Energy Fund(x)

     8,680        812,274  
     

 

 

 

Total Exchange Traded Funds (99.6%)
(Cost $6,957,265)

        5,057,920  
     

 

 

 
     Principal
Amount
     Value
(Note 1)
 

SHORT-TERM INVESTMENTS:

     

Repurchase Agreements (19.5%)

     

Bank of Nova Scotia (The),
1.20%, dated 9/26/17, due 10/3/17, repurchase price $100,013, collateralized by various U.S. Government Treasury Securities, ranging from 1.500%-2.500%, maturing 12/31/18-2/15/45; total market value $102,054.(xx)

   $ 100,000        100,000  

Citigroup Global Markets Ltd.,
1.05%, dated 9/29/17, due 10/2/17, repurchase price $100,009, collateralized by various Foreign Government Agency Securities, ranging from 0.000%-4.875%, maturing 10/19/17-2/15/36, U.S. Government Treasury Securities, ranging from 0.875%-3.625%, maturing 11/30/18-4/30/21; total market value $102,000.(xx)

     100,000        100,000  

Deutsche Bank AG,
1.25%, dated 9/29/17, due 10/2/17, repurchase price $42,616, collateralized by various Foreign Government Agency Securities, ranging from 1.750%-2.500%, maturing 9/14/22-11/20/24; total market value $43,465.(xx)

     42,612        42,612  

Deutsche Bank AG,
1.25%, dated 9/29/17, due 10/2/17, repurchase price $60,211, collateralized by various Corporate Bonds, 2.375%, maturing 6/10/25, Foreign Government Agency Securities, 2.500%, maturing 11/20/24; total market value $61,409.(xx)

     60,205        60,205  

Deutsche Bank AG,
1.20%, dated 9/29/17, due 10/2/17, repurchase price $99,788, collateralized by various Corporate Bonds, ranging from 0.875%-1.750%, maturing 7/13/18-7/27/26, Foreign Government Agency Securities, ranging from 1.500%-2.125%, maturing 2/6/19-1/17/23; total market value $101,774.(xx)

     99,778        99,778  

Deutsche Bank AG,
1.20%, dated 9/29/17, due 10/2/17, repurchase price $100,010, collateralized by various Corporate Bonds, ranging from 1.750%-2.375%, maturing 6/11/19-7/27/26, Foreign Government Agency Securities, ranging from 1.250%-2.625%, maturing 10/29/18-4/28/21; total market value $102,000.(xx)

     100,000        100,000  

Deutsche Bank Securities, Inc.,
1.06%, dated 9/29/17, due 10/2/17, repurchase price $86,624, collateralized by various U.S. Government Treasury Securities, 0.000%, maturing 11/15/30-5/15/39; total market value $88,349.(xx)

     86,617        86,617  

Natixis,
1.18%, dated 9/29/17, due 10/2/17, repurchase price $250,025, collateralized by various U.S. Government Agency Securities, ranging from 1.500%-6.835%, maturing 9/1/22-7/16/57, U.S. Government Treasury Securities, ranging from 0.250%-3.625%, maturing 10/15/18-2/15/45; total market value $255,025.(xx)

     250,000        250,000  

 

See Notes to Portfolio of Investments.

1


EQ ADVISORS TRUST

1290 VT ENERGY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

     Principal
Amount
     Value
(Note 1)
 

Nomura Securities Co. Ltd.,
1.06%, dated 9/29/17, due 10/2/17, repurchase price $150,013, collateralized by various U.S. Government Treasury Securities, ranging from 0.000%-2.125%, maturing 1/31/18-2/15/47; total market value $153,000.(xx)

   $ 150,000      $ 150,000  
     

 

 

 

Total Repurchase Agreements

        989,212  
     

 

 

 

Total Short-Term Investments (19.5%)
(Cost $989,212)

        989,212  
     

 

 

 

Total Investments (119.1%)
(Cost $7,946,477)

        6,047,132  

Other Assets Less Liabilities (-19.1%)

        (970,899
     

 

 

 

Net Assets (100%)

      $ 5,076,233  
     

 

 

 

 

(x) All or a portion of security is on loan at September 30, 2017.

 

(xx) At September 30, 2017, the Portfolio had loaned securities with a total value of $1,024,735. This was secured by cash collateral of $989,212 which was subsequently invested in joint repurchase agreements with a total value of $989,212, for which the Portfolio has a proportionate interest as reported in the Portfolio of Investments as Repurchase Agreements, and $58,494 collateralized by various U.S. Government Treasury Securities, ranging from 0.000% - 6.625%, maturing 10/5/17-8/15/46.

 

See Notes to Portfolio of Investments.

2


EQ ADVISORS TRUST

1290 VT ENERGY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2017:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

 

Investment Type

   Level 1
Quoted prices in active
markets for identical
securities
     Level 2
Significant other
observable inputs
(including quoted prices
for similar securities,
interest rates,
prepayment speeds,
credit risk, etc.)
     Level 3
Significant unobservable
inputs (including the
Portfolio’s own
assumptions in
determining the fair
value of investments)
     Total  

Assets:

           

Exchange Traded Funds

           

Exchange Traded Funds

   $ 5,057,920      $ —        $ —        $ 5,057,920  

Short-Term Investments

           

Repurchase Agreements

   $ —        $ 989,212      $ —        $ 989,212  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Assets

   $ 5,057,920      $ 989,212      $ —        $ 6,047,132  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Liabilities

   $ —        $ —        $ —        $ —    
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 5,057,920      $ 989,212      $ —        $ 6,047,132  
  

 

 

    

 

 

    

 

 

    

 

 

 

There were no transfers between Levels 1, 2 or 3 during nine months ended September 30, 2017.

As of September 30, 2017, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investment securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

 

Aggregate gross unrealized appreciation

   $ 30,153  

Aggregate gross unrealized depreciation

     (1,958,609
  

 

 

 

Net unrealized depreciation

   $ (1,928,456
  

 

 

 

Federal income tax cost of investment securities and derivative instruments, if applicable

   $ 7,975,588  
  

 

 

 

 

See Notes to Portfolio of Investments.

3


EQ ADVISORS TRUST

1290 VT LOW VOLATILITY GLOBAL EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2017 (Unaudited)

 

     Number of
Shares
     Value
(Note 1)
 

EXCHANGE TRADED FUNDS:

     

iShares Edge MSCI Min Vol EAFE Fund

     19,740      $ 1,402,724  

iShares Edge MSCI Min Vol Emerging Markets Fund(x)

     11,200        650,720  

iShares Edge MSCI Min Vol Global Fund

     37,680        3,066,398  

iShares Edge MSCI Min Vol USA Fund(x)

     13,000        654,420  

PowerShares S&P 500 High Dividend Low Volatility Portfolio

     16,750        686,918  

PowerShares S&P 500 Low Volatility Portfolio(x)

     14,280        653,881  

PowerShares S&P Emerging Markets Low Volatility Portfolio(x)

     25,970        634,967  

PowerShares S&P International Developed Low Volatility Portfolio

     42,220        1,400,860  

PowerShares S&P MidCap Low Volatility Portfolio

     16,460        722,429  

PowerShares S&P SmallCap Low Volatility Portfolio(x)

     8,270        379,924  

SPDR SSGA US Large Cap Low Volatility Index Fund

     3,270        290,049  

SPDR SSGA US Small Cap Low Volatility Index Fund(x)

     3,610        345,766  
     

 

 

 

Total Exchange Traded Funds (99.9%)
(Cost $9,631,975)

        10,889,056  
     

 

 

 
     Principal
Amount
     Value
(Note 1)
 

SHORT-TERM INVESTMENTS:

     

Repurchase Agreements (4.3%)

     

Bank of Nova Scotia (The),
1.20%, dated 9/26/17, due 10/3/17, repurchase price $100,013, collateralized by various U.S. Government Treasury Securities, ranging from 1.500%-2.500%, maturing 12/31/18-2/15/45; total market value $102,054.(xx)

   $ 100,000        100,000  

Citigroup Global Markets Ltd.,
1.05%, dated 9/29/17, due 10/2/17, repurchase price $66,271, collateralized by various Foreign Government Agency Securities, ranging from 0.000%-4.875%, maturing 10/19/17-2/15/36, U.S. Government Treasury Securities, ranging from 0.875%-3.625%, maturing 11/30/18-4/30/21; total market value $67,590.(xx)

     66,265        66,265  

Deutsche Bank AG,
1.25%, dated 9/29/17, due 10/2/17, repurchase price $35,862, collateralized by various Corporate Bonds, 2.375%, maturing 6/10/25, Foreign Government Agency Securities, 2.500%, maturing 11/20/24; total market value $36,575.(xx)

     35,858        35,858  

Deutsche Bank AG,
1.25%, dated 9/29/17, due 10/2/17, repurchase price $25,383, collateralized by various Foreign Government Agency Securities, ranging from 1.750%-2.500%, maturing 9/14/22-11/20/24; total market value $25,888.(xx)

     25,380        25,380  

Deutsche Bank AG,
1.20%, dated 9/29/17, due 10/2/17, repurchase price $82,012, collateralized by various Corporate Bonds, ranging from 1.750%-2.375%, maturing 6/11/19-7/27/26, Foreign Government Agency Securities, ranging from 1.250%-2.625%, maturing 10/29/18-4/28/21; total market value
$83,644.(xx)

     82,004        82,004  

Deutsche Bank AG,
1.20%, dated 9/29/17, due 10/2/17, repurchase price $62,781, collateralized by various Corporate Bonds, ranging from 0.875%-1.750%, maturing 7/13/18-7/27/26, Foreign Government Agency Securities, ranging from 1.500%-2.125%, maturing 2/6/19-1/17/23; total market value $64,031.(xx)

     62,775        62,775  

Deutsche Bank Securities, Inc.,
1.06%, dated 9/29/17, due 10/2/17, repurchase price $98,127, collateralized by various U.S. Government Treasury Securities, 0.000%, maturing 11/15/30-5/15/39; total market value
$100,080.(xx)

     98,118        98,118  
     

 

 

 

Total Repurchase Agreements

        470,400  
     

 

 

 

Total Short-Term Investments (4.3%)
(Cost $470,400)

 

     470,400  
     

 

 

 

Total Investments (104.2%)
(Cost $10,102,375)

        11,359,456  

Other Assets Less Liabilities (-4.2%)

        (455,348 ) 
     

 

 

 

Net Assets (100%)

      $ 10,904,108  
     

 

 

 

 

(x) All or a portion of security is on loan at September 30, 2017.

 

(xx) At September 30, 2017, the Portfolio had loaned securities with a total value of $461,059. This was secured by cash collateral of $470,400 which was subsequently invested in joint repurchase agreements with a total value of $470,400, for which the Portfolio has a proportionate interest as reported in the Portfolio of Investments as Repurchase Agreements.

 

See Notes to Portfolio of Investments.

1


EQ ADVISORS TRUST

1290 VT LOW VOLATILITY GLOBAL EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2017:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

 

Investment Type

   Level 1
Quoted prices in active
markets for identical
securities
     Level 2
Significant other
observable inputs
(including quoted prices
for similar securities,
interest rates,
prepayment speeds,
credit risk, etc.)
     Level 3
Significant unobservable
inputs (including the
Portfolio’s own
assumptions in
determining the fair
value of investments)
     Total  

Assets:

           

Exchange Traded Funds

           

Exchange Traded Funds

   $ 10,889,056      $ —        $ —        $ 10,889,056  

Short-Term Investments

           

Repurchase Agreements

     —          470,400        —          470,400  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Assets

   $ 10,889,056      $ 470,400      $ —        $ 11,359,456  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Liabilities

   $ —        $ —        $ —        $ —    
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 10,889,056      $ 470,400      $ —        $ 11,359,456  
  

 

 

    

 

 

    

 

 

    

 

 

 

There were no transfers between Levels 1, 2 or 3 during the nine months ended September 30, 2017.

As of September 30, 2017, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investment securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

 

Aggregate gross unrealized appreciation

   $ 1,284,758  

Aggregate gross unrealized depreciation

     (28,519
  

 

 

 

Net unrealized appreciation

   $ 1,256,239  
  

 

 

 

Federal income tax cost of investment securities and derivative instruments, if applicable

   $ 10,103,217  
  

 

 

 

 

See Notes to Portfolio of Investments.

2


EQ ADVISORS TRUST

1290 VT CONVERTIBLE SECURITIES PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2017 (Unaudited)

 

      Number of
Shares
     Value
(Note 1)
 

CONVERTIBLE PREFERRED STOCKS:

     

Consumer Staples (0.5%)

     

Food Products (0.5%)

     

Bunge Ltd.

     

4.875%

     345      $ 35,885  

Post Holdings, Inc.

     

2.500%

     320        52,840  
     

 

 

 

Total Consumer Staples

        88,725  
     

 

 

 

Energy (0.9%)

     

Oil, Gas & Consumable Fuels (0.9%)

     

Hess Corp.

     

8.000%

     820        48,347  

Kinder Morgan, Inc.

     

9.750%(x)

     985        41,912  

Southwestern Energy Co.

     

6.250%

     2,315        33,012  

WPX Energy, Inc.

     

6.250%

     860        45,838  
     

 

 

 

Total Energy

        169,109  
     

 

 

 

Financials (4.0%)

     

Banks (3.7%)

     

Bank of America Corp.

     

7.250%

     100        130,147  

Huntington Bancshares, Inc.

     

8.500%

     182        269,360  

Wells Fargo & Co.

     

7.500%

     200        263,000  
     

 

 

 
        662,507  
     

 

 

 

Capital Markets (0.1%)

     

AMG Capital Trust II

     

5.150%

     360        22,072  
     

 

 

 

Mortgage Real Estate Investment Trusts (REITs) (0.2%)

     

Great Ajax Corp. (REIT)

     

7.250%

     1,150        29,383  
     

 

 

 

Total Financials

        713,962  
     

 

 

 

Health Care (4.1%)

     

Health Care Equipment & Supplies (1.3%)

     

Becton Dickinson and Co.

     

6.125%

     4,152        229,440  
     

 

 

 

Health Care Providers & Services (1.1%)

     

Anthem, Inc.

     

5.250%

     3,843        200,950  
     

 

 

 

Pharmaceuticals (1.7%)

     

Allergan plc

     

5.500%

     417        307,671  
     

 

 

 

Total Health Care

        738,061  
     

 

 

 

Industrials (0.7%)

     

Commercial Services & Supplies (0.2%)

     

Stericycle, Inc.

     

5.250%

     475        27,949  
     

 

 

 

Machinery (0.5%)

     

Rexnord Corp.

     

5.750%

     750        43,657  

Stanley Black & Decker, Inc.

     

5.375%

     435        49,873  
     

 

 

 
        93,530  
     

 

 

 

Total Industrials

        121,479  
     

 

 

 

Information Technology (0.8%)

     

Electronic Equipment, Instruments & Components (0.8%)

     

Belden, Inc.

     

6.750%

     827        89,365  

MTS Systems Corp.

     

8.750%

     440        52,919  
     

 

 

 

Total Information Technology

        142,284  
     

 

 

 

Real Estate (1.3%)

     

Equity Real Estate Investment Trusts (REITs) (1.3%)

 

  

Crown Castle International Corp. (REIT)

     

6.875%*

     100        106,800  

iStar, Inc. (REIT)

     

4.500%(x)

     2,000        99,600  

Welltower, Inc. (REIT)

     

6.500%

     583        36,980  
     

 

 

 

Total Real Estate

        243,380  
     

 

 

 

Telecommunication Services (0.9%)

     

Diversified Telecommunication Services (0.2%)

 

  

Frontier Communications Corp.

     

11.125%

     1,460        28,090  
     

 

 

 

Wireless Telecommunication Services (0.7%)

 

  

T-Mobile US, Inc.

     

5.500%

     1,260        125,887  
     

 

 

 

Total Telecommunication Services

        153,977  
     

 

 

 

Utilities (0.4%)

     

Electric Utilities (0.2%)

     

NextEra Energy, Inc.

     

6.123%

     585        32,339  
     

 

 

 

Multi-Utilities (0.2%)

     

Dominion Energy, Inc.

     

6.750%

     640        32,480  
     

 

 

 

Total Utilities

        64,819  
     

 

 

 

Total Convertible Preferred Stocks (13.6%)
(Cost $2,480,075)

        2,435,796  
     

 

 

 

EXCHANGE TRADED FUND:

     

SPDR Bloomberg Barclays Convertible Securities Fund(x)

     104,820        5,353,157  
     

 

 

 

Total Exchange Traded Fund (29.9%)
(Cost $4,862,045)

        5,353,157  
     

 

 

 
     Principal
Amount
     Value
(Note 1)
 

LONG-TERM DEBT SECURITIES:

     

Convertible Bonds (53.5%)

     

Consumer Discretionary (8.2%)

     

Automobiles (0.7%)

     

Tesla, Inc.

     

2.375%, 3/15/22

   $ 103,000        126,497  
     

 

 

 

Household Durables (1.6%)

     

CalAtlantic Group, Inc.

     

1.625%, 5/15/18

     237,000        285,289  
     

 

 

 

Internet & Direct Marketing Retail (2.6%)

 

  

Ctrip.com International Ltd.

     

1.250%, 9/15/22

     24,000        25,845  

IAC FinanceCo, Inc.

     

0.875%, 10/1/22(b)§

     37,000        38,503  

Liberty Expedia Holdings, Inc.

     

1.000%, 6/30/47(x)§

     55,000        58,472  

Priceline Group, Inc. (The)

     

0.350%, 6/15/20

     229,000        330,476  
     

 

 

 
        453,296  
     

 

 

 

Media (3.3%)

     

DISH Network Corp.

     

3.375%, 8/15/26

     282,000        315,487  

Liberty Interactive LLC

     

1.750%, 9/30/46§

     65,000        77,025  

Liberty Media Corp.

     

1.375%, 10/15/23

     42,000        50,812  

Liberty Media Corp.-Liberty Formula One

     

1.000%, 1/30/23§

     39,000        46,361  

 

See Notes to Portfolio of Investments.

1


EQ ADVISORS TRUST

1290 VT CONVERTIBLE SECURITIES PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

      Principal
Amount
     Value
(Note 1)
 

Live Nation Entertainment, Inc.

     

2.500%, 5/15/19

   $ 80,000      $ 105,550  
     

 

 

 
        595,235  
     

 

 

 

Total Consumer Discretionary

        1,460,317  
     

 

 

 

Energy (2.6%)

     

Energy Equipment & Services (0.9%)

     

Nabors Industries, Inc.

     

0.750%, 1/15/24(x)§

     70,000        56,919  

SEACOR Holdings, Inc.

     

3.000%, 11/15/28

     30,000        26,794  

Weatherford International Ltd.

     

5.875%, 7/1/21

     79,000        86,258  
     

 

 

 
        169,971  
     

 

 

 

Oil, Gas & Consumable Fuels (1.7%)

     

Cheniere Energy, Inc.

     

4.250%, 3/15/45

     84,000        58,170  

Chesapeake Energy Corp.

     

5.500%, 9/15/26§

     79,000        72,482  

PDC Energy, Inc.

     

1.125%, 9/15/21

     88,000        85,690  

SM Energy Co.

     

1.500%, 7/1/21

     88,000        82,610  
     

 

 

 
        298,952  
     

 

 

 

Total Energy

        468,923  
     

 

 

 

Financials (2.2%)

     

Capital Markets (0.1%)

     

New Mountain Finance Corp.

     

5.000%, 6/15/19

     16,000        16,480  
     

 

 

 

Consumer Finance (0.4%)

     

Encore Capital Group, Inc.

     

3.250%, 3/15/22§

     17,000        19,603  

PRA Group, Inc.

     

3.500%, 6/1/23§

     53,000        48,528  
     

 

 

 
        68,131  
     

 

 

 

Insurance (1.1%)

     

Fidelity National Financial, Inc.

     

4.250%, 8/15/18

     75,000        201,891  
     

 

 

 

Mortgage Real Estate Investment Trusts (REITs) (0.4%)

 

  

Blackstone Mortgage Trust, Inc. (REIT)

     

4.375%, 5/5/22

     39,000        39,244  

Western Asset Mortgage Capital Corp. (REIT)

     

6.750%, 10/1/22

     32,000        32,020  
     

 

 

 
        71,264  
     

 

 

 

Thrifts & Mortgage Finance (0.2%)

     

LendingTree, Inc.

     

0.625%, 6/1/22§

     28,000        36,995  
     

 

 

 

Total Financials

        394,761  
     

 

 

 

Health Care (9.5%)

     

Biotechnology (4.4%)

     

Acorda Therapeutics, Inc.

     

1.750%, 6/15/21

     45,000        40,612  

AMAG Pharmaceuticals, Inc.

     

3.250%, 6/1/22

     28,000        27,230  

BioMarin Pharmaceutical, Inc.

     

1.500%, 10/15/20

     120,000        143,625  

Clovis Oncology, Inc.

     

2.500%, 9/15/21

     55,000        84,769  

Immunomedics, Inc.

     

4.750%, 2/15/20

     12,000        33,307  

Incyte Corp.

     

1.250%, 11/15/20

     58,000        132,240  

Intercept Pharmaceuticals, Inc.

     

3.250%, 7/1/23

     16,000        12,360  

Ionis Pharmaceuticals, Inc.

     

1.000%, 11/15/21

     86,000        90,838  

Merrimack Pharmaceuticals, Inc.

     

4.500%, 7/15/20

     50,000        42,750  

Neurocrine Biosciences, Inc.

     

2.250%, 5/15/24§

     36,000        40,973  

Radius Health, Inc.

     

3.000%, 9/1/24

     32,000        32,040  

TESARO, Inc.

     

3.000%, 10/1/21

     28,000        104,720  
     

 

 

 
        785,464  
     

 

 

 

Health Care Equipment & Supplies (1.2%)

 

  

DexCom, Inc.

     

0.750%, 5/15/22§

     33,000        29,432  

Hologic, Inc.

     

0.000%, 12/15/43(e)

     44,000        53,075  

NuVasive, Inc.

     

2.250%, 3/15/21

     75,000        85,265  

Wright Medical Group, Inc.

     

2.000%, 2/15/20

     43,000        46,467  
     

 

 

 
        214,239  
     

 

 

 

Health Care Providers & Services (1.2%)

 

  

Anthem, Inc.

     

2.750%, 10/15/42

     10,000        25,950  

Molina Healthcare, Inc.

     

1.125%, 1/15/20

     80,000        138,150  

1.625%, 8/15/44

     13,000        16,282  

Teladoc, Inc.

     

3.000%, 12/15/22§

     32,000        34,740  
     

 

 

 
        215,122  
     

 

 

 

Health Care Technology (0.4%)

     

Allscripts Healthcare Solutions, Inc.

     

1.250%, 7/1/20

     56,000        59,290  

Evolent Health, Inc.

     

2.000%, 12/1/21§

     13,000        14,609  
     

 

 

 
        73,899  
     

 

 

 

Pharmaceuticals (2.3%)

     

Depomed, Inc.

     

2.500%, 9/1/21

     37,000        27,264  

Dermira, Inc.

     

3.000%, 5/15/22§

     56,000        60,270  

Horizon Pharma Investment Ltd.

     

2.500%, 3/15/22

     86,000        77,669  

Jazz Investments I Ltd.

     

1.875%, 8/15/21

     65,000        68,453  

1.500%, 8/15/24(b)§

     32,000        31,440  

Medicines Co. (The)

     

2.500%, 1/15/22

     76,000        95,903  

Pacira Pharmaceuticals, Inc.

     

2.375%, 4/1/22§

     56,000        54,670  
     

 

 

 
        415,669  
     

 

 

 

Total Health Care

        1,704,393  
     

 

 

 

Industrials (4.8%)

     

Aerospace & Defense (0.1%)

     

Aerojet Rocketdyne Holdings, Inc.

     

2.250%, 12/15/23(x)§

     12,000        17,872  
     

 

 

 

Air Freight & Logistics (1.2%)

     

Echo Global Logistics, Inc.

     

2.500%, 5/1/20

     53,000        50,979  

XPO Logistics, Inc.

     

4.500%, 10/1/17

     38,000        153,292  
     

 

 

 
        204,271  
     

 

 

 

 

See Notes to Portfolio of Investments.

2


EQ ADVISORS TRUST

1290 VT CONVERTIBLE SECURITIES PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

      Principal
Amount
     Value
(Note 1)
 

Commercial Services & Supplies (0.0%)

     

Team, Inc.

     

5.000%, 8/1/23§

   $ 6,000      $ 5,693  
     

 

 

 

Construction & Engineering (1.2%)

     

Dycom Industries, Inc.

     

0.750%, 9/15/21

     112,000        127,260  

Tutor Perini Corp.

     

2.875%, 6/15/21

     79,000        91,986  
     

 

 

 
        219,246  
     

 

 

 

Machinery (1.7%)

     

Chart Industries, Inc.

     

2.000%, 8/1/18

     112,000        111,580  

Greenbrier Cos., Inc. (The)

     

3.500%, 4/1/18

     52,000        71,923  

2.875%, 2/1/24§

     4,000        4,495  

Meritor, Inc.

     

3.250%, 10/15/37(b)§

     16,000        16,950  

Navistar International Corp.

     

4.750%, 4/15/19

     35,000        38,369  

Trinity Industries, Inc.

     

3.875%, 6/1/36

     47,000        63,009  
     

 

 

 
        306,326  
     

 

 

 

Professional Services (0.4%)

     

Huron Consulting Group, Inc.

     

1.250%, 10/1/19

     73,000        68,072  
     

 

 

 

Transportation Infrastructure (0.2%)

     

Macquarie Infrastructure Corp.

     

2.875%, 7/15/19(x)

     40,000        42,475  
     

 

 

 

Total Industrials

        863,955  
     

 

 

 

Information Technology (24.8%)

     

Communications Equipment (2.3%)

     

CalAmp Corp.

     

1.625%, 5/15/20

     43,000        45,849  

Ciena Corp.

     

3.750%, 10/15/18

     83,000        100,378  

4.000%, 12/15/20

     43,000        57,136  

Finisar Corp.

     

0.500%, 12/15/36§

     47,000        44,062  

Lumentum Holdings, Inc.

     

0.250%, 3/15/24§

     33,000        37,806  

Palo Alto Networks, Inc.

     

(Zero Coupon), 7/1/19

     86,000        118,358  
     

 

 

 
        403,589  
     

 

 

 

Electronic Equipment, Instruments & Components (1.0%)

 

  

Knowles Corp.

     

3.250%, 11/1/21

     31,000        34,914  

TTM Technologies, Inc.

     

1.750%, 12/15/20

     63,000        106,313  

Vishay Intertechnology, Inc.

     

2.250%, 11/15/40

     30,000        44,306  
     

 

 

 
        185,533  
     

 

 

 

Internet Software & Services (2.7%)

     

Akamai Technologies, Inc.

     

(Zero Coupon), 2/15/19

     36,000        34,987  

Cornerstone OnDemand, Inc.

     

1.500%, 7/1/18

     76,000        76,902  

Pandora Media, Inc.

     

1.750%, 12/1/20

     74,000        69,098  

Twitter, Inc.

     

0.250%, 9/15/19

     92,000        87,170  

VeriSign, Inc.

     

4.702%, 8/15/37

     68,000        211,565  
     

 

 

 
        479,722  
     

 

 

 

IT Services (0.9%)

     

Blackhawk Network Holdings, Inc.

     

1.500%, 1/15/22

     74,000        82,603  

Cardtronics, Inc.

     

1.000%, 12/1/20

     17,000        15,661  

CSG Systems International, Inc.

     

4.250%, 3/15/36

     53,000        56,644  
     

 

 

 
        154,908  
     

 

 

 

Semiconductors & Semiconductor Equipment (11.3%)

 

  

Advanced Micro Devices, Inc.

     

2.125%, 9/1/26

     48,000        85,020  

Inphi Corp.

     

1.125%, 12/1/20

     51,000        62,443  

0.750%, 9/1/21§

     8,000        8,195  

Integrated Device Technology, Inc.

     

0.875%, 11/15/22

     91,000        97,256  

Intel Corp.

     

3.250%, 8/1/39

     57,000        104,737  

Microchip Technology, Inc.

     

1.625%, 2/15/25

     73,000        127,385  

1.625%, 2/15/27§

     287,000        348,526  

2.250%, 2/15/37§

     7,000        8,466  

Micron Technology, Inc.

     

Series F

     

2.125%, 2/15/33

     54,000        192,814  

Series G

     

3.000%, 11/15/43

     244,000        337,177  

Novellus Systems, Inc.

     

2.625%, 5/15/41

     55,000        302,156  

NVIDIA Corp.

     

1.000%, 12/1/18

     9,000        80,004  

ON Semiconductor Corp.

     

1.000%, 12/1/20

     45,000        53,691  

Silicon Laboratories, Inc.

     

1.375%, 3/1/22§

     7,000        7,757  

Spansion LLC

     

2.000%, 9/1/20

     37,000        109,613  

SunPower Corp.

     

0.750%, 6/1/18

     29,000        27,768  

4.000%, 1/15/23(x)

     16,000        13,120  

Synaptics, Inc.

     

0.500%, 6/15/22§

     16,000        14,510  

Teradyne, Inc.

     

1.250%, 12/15/23§

     5,000        6,653  

Veeco Instruments, Inc.

     

2.700%, 1/15/23

     41,000        39,206  
     

 

 

 
        2,026,497  
     

 

 

 

Software (6.4%)

     

Citrix Systems, Inc.

     

0.500%, 4/15/19

     90,000        104,400  

FireEye, Inc.

     

Series A

     

1.000%, 6/1/35

     52,000        49,107  

HubSpot, Inc.

     

0.250%, 6/1/22§

     14,000        15,496  

Nuance Communications, Inc.

     

1.000%, 12/15/35

     97,000        90,816  

Proofpoint, Inc.

     

0.750%, 6/15/20

     35,000        43,728  

PROS Holdings, Inc.

     

2.000%, 12/1/19

     43,000        43,753  

RealPage, Inc.

     

1.500%, 11/15/22§

     26,000        30,225  

Red Hat, Inc.

     

0.250%, 10/1/19

     66,000        101,558  

Rovi Corp.

     

0.500%, 3/1/20

     40,000        40,175  

 

See Notes to Portfolio of Investments.

3


EQ ADVISORS TRUST

1290 VT CONVERTIBLE SECURITIES PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

     Principal
Amount
     Value
(Note 1)
 

salesforce.com, Inc.

     

0.250%, 4/1/18

   $ 187,000      $ 262,618  

ServiceNow, Inc.

     

(Zero Coupon), 11/1/18

     35,000        56,197  

(Zero Coupon), 6/1/22§

     66,000        70,991  

Synchronoss Technologies, Inc.

     

0.750%, 8/15/19

     33,000        28,091  

Take-Two Interactive Software, Inc.

     

1.000%, 7/1/18

     16,000        75,900  

Verint Systems, Inc.

     

1.500%, 6/1/21

     81,000        79,178  

Workday, Inc.

     

0.750%, 7/15/18

     33,000        43,065  

0.250%, 10/1/22(b)§

     8,000        7,955  
     

 

 

 
        1,143,253  
     

 

 

 

Technology Hardware, Storage & Peripherals (0.2%)

 

  

Electronics For Imaging, Inc.

     

0.750%, 9/1/19

     43,000        44,693  
     

 

 

 

Total Information Technology

        4,438,195  
     

 

 

 

Materials (0.9%)

     

Construction Materials (0.9%)

     

Cemex SAB de CV

     

3.720%, 3/15/20

     144,000        161,280  
     

 

 

 

Total Materials

        161,280  
     

 

 

 

Real Estate (0.5%)

     

Equity Real Estate Investment Trusts (REITs) (0.5%)

 

  

Colony NorthStar, Inc. (REIT)

     

5.000%, 4/15/23

     55,000        56,306  

Starwood Waypoint Homes (REIT)

     

3.500%, 1/15/22§

     32,000        35,940  
     

 

 

 

Total Real Estate

        92,246  
     

 

 

 

Total Convertible Bonds

        9,584,070  
     

 

 

 

Total Long-Term Debt Securities (53.5%)
(Cost $8,402,738)

        9,584,070  
     

 

 

 
     Number of
Shares
     Value
(Note 1)
 

SHORT-TERM INVESTMENTS:

     

Investment Company (1.1%)

     

JPMorgan Prime Money Market Fund, IM Shares

     185,662        185,717  
     

 

 

 
     Principal
Amount
     Value
(Note 1)
 

Repurchase Agreements (21.9%)

     

Bank of Nova Scotia,
1.05%, dated 9/29/17, due 10/2/17, repurchase price $500,044, collateralized by various U.S. Government Treasury Securities, ranging from 0.000%-2.875%, maturing 2/15/18-8/15/45; total market value $510,000.(xx)

   $ 500,000        500,000  

Bank of Nova Scotia (The),
1.20%, dated 9/26/17, due 10/3/17, repurchase price $400,053, collateralized by various U.S. Government Treasury Securities, ranging from 1.500%-2.500%, maturing 12/31/18-2/15/45; total market value $408,218.(xx)

     400,000        400,000  

Citigroup Global Markets Ltd.,
1.05%, dated 9/29/17, due 10/2/17, repurchase price $400,035, collateralized by various Foreign Government Agency Securities, ranging from 0.000%-4.875%, maturing 10/19/17-2/15/36, U.S. Government Treasury Securities, ranging from 0.875%-3.625%, maturing 11/30/18-4/30/21; total market value $408,000.(xx)

     400,000        400,000  

Deutsche Bank AG,
1.25%, dated 9/29/17, due 10/2/17, repurchase price $100,010, collateralized by various Foreign Government Agency Securities, ranging from 1.750%-2.500%, maturing 9/14/22-11/20/24; total market value $102,001.(xx)

     100,000        100,000  

Deutsche Bank AG,
1.25%, dated 9/29/17, due 10/2/17, repurchase price $200,021, collateralized by various Corporate Bonds, 2.375%, maturing 6/10/25, Foreign Government Agency Securities, 2.500%, maturing 11/20/24; total market value $204,001.(xx)

     200,000        200,000  

Deutsche Bank AG,
1.20%, dated 9/29/17, due 10/2/17, repurchase price $300,030, collateralized by various Corporate Bonds, ranging from 0.875%-1.750%, maturing 7/13/18-7/27/26, Foreign Government Agency Securities, ranging from 1.500%-2.125%, maturing 2/6/19-1/17/23; total market value $306,002.(xx)

     300,000        300,000  

Deutsche Bank AG,
1.20%, dated 9/29/17, due 10/2/17, repurchase price $400,040, collateralized by various Corporate Bonds, ranging from 1.750%-2.375%, maturing 6/11/19-7/27/26, Foreign Government Agency Securities, ranging from 1.250%-2.625%, maturing 10/29/18-4/28/21; total market value $408,001.(xx)

     400,000        400,000  

 

See Notes to Portfolio of Investments.

4


EQ ADVISORS TRUST

1290 VT CONVERTIBLE SECURITIES PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

     Principal
Amount
     Value
(Note 1)
 

Deutsche Bank Securities, Inc.,
1.06%, dated 9/29/17, due 10/2/17, repurchase price $28,818, collateralized by various U.S. Government Treasury Securities, 0.000%, maturing 11/15/30-5/15/39; total market value
$29,392.(xx)

   $ 28,816      $ 28,816  

Natixis,
1.18%, dated 9/29/17, due 10/2/17, repurchase price $100,010, collateralized by various U.S. Government Agency Securities, ranging from 1.500%-6.835%, maturing 9/1/22-7/16/57, U.S. Government Treasury Securities, ranging from 0.250%-3.625%, maturing 10/15/18-2/15/45; total market value $102,010.(xx)

     100,000        100,000  

Nomura Securities Co. Ltd.,
1.06%, dated 9/29/17, due 10/2/17, repurchase price $1,000,088, collateralized by various U.S. Government Treasury Securities, ranging from 0.000%-2.125%, maturing 1/31/18-2/15/47; total market value $1,020,001.(xx)

     1,000,000        1,000,000  

RBS Securities, Inc.,
1.05%, dated 9/29/17, due 10/2/17, repurchase price $500,044, collateralized by various U.S. Government Treasury Securities, ranging from 1.000%-2.125%, maturing 3/15/19-12/31/22; total market value $510,015.(xx)

     500,000        500,000  
     

 

 

 

Total Repurchase Agreements

        3,928,816  
     

 

 

 

Total Short-Term Investments (23.0%)
(Cost $4,114,533)

        4,114,533  
     

 

 

 

Total Investments (120.0%)
(Cost $19,859,391)

        21,487,556  

Other Assets Less Liabilities (-20.0%)

        (3,581,893
     

 

 

 

Net Assets (100%)

      $ 17,905,663  
     

 

 

 

 

* Non-income producing.

 

§ Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may only be resold to qualified institutional buyers. At September 30, 2017, the market value of these securities amounted to $1,402,614 or 7.8% of net assets. Securities denoted with “§” but without “b” have been determined to be liquid under the guidelines established by the Board of Trustees. To the extent any securities might provide a right to demand registration, such rights have not been relied upon when determining liquidity.

 

(b) Rule 144A Illiquid Security. At September 30, 2017, the market value of these securities amounted to $94,848 or 0.5% of net assets.

 

(e) Step Bond - Coupon rate increases in increments to maturity. Rate disclosed is as of September 30, 2017. Maturity date disclosed is the ultimate maturity date.

 

(x) All or a portion of security is on loan at September 30, 2017.

 

See Notes to Portfolio of Investments.

5


EQ ADVISORS TRUST

1290 VT CONVERTIBLE SECURITIES PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

(xx) At September 30, 2017, the Portfolio had loaned securities with a total value of $3,858,210. This was secured by cash collateral of $3,928,816 which was subsequently invested in joint repurchase agreements with a total value of $3,928,816, for which the Portfolio has a proportionate interest as reported in the Portfolio of Investments as Repurchase Agreements.

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2017:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

 

Investment Type

   Level 1
Quoted prices in active
markets for identical
securities(a)
     Level 2
Significant other
observable inputs
(including quoted prices
for similar securities,
interest rates,
prepayment speeds,
credit risk, etc.)
     Level 3
Significant unobservable
inputs (including the
Portfolio’s own
assumptions in
determining the fair
value of investments)
     Total  

Assets:

           

Convertible Bonds

           

Consumer Discretionary

   $ —        $ 1,460,317      $ —        $ 1,460,317  

Energy

     —          468,923        —          468,923  

Financials

     —          394,761        —          394,761  

Health Care

     —          1,704,393        —          1,704,393  

Industrials

     —          863,955        —          863,955  

Information Technology

     —          4,438,195        —          4,438,195  

Materials

     —          161,280        —          161,280  

Real Estate

     —          92,246        —          92,246  

Convertible Preferred Stocks

           

Consumer Staples

     35,885        52,840        —          88,725  

Energy

     169,109        —          —          169,109  

Financials

     662,507        51,455        —          713,962  

Health Care

     738,061        —          —          738,061  

Industrials

     121,479        —          —          121,479  

Information Technology

     89,365        52,919        —          142,284  

Real Estate

     243,380        —          —          243,380  

Telecommunication Services

     153,977        —          —          153,977  

Utilities

     64,819        —          —          64,819  

Exchange Traded Funds

     5,353,157        —          —          5,353,157  

Short-Term Investments

           

Investment Companies

     185,717        —          —          185,717  

Repurchase Agreements

     —          3,928,816        —          3,928,816  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Assets

   $ 7,817,456      $ 13,670,100      $ —        $ 21,487,556  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Liabilities

   $ —        $ —        $ —        $ —    
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 7,817,456      $ 13,670,100      $ —        $ 21,487,556  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(a) A Security with a market value of $99,600 transferred from Level 2 to Level 1 at the end of the period due to active trading.

There were no additional transfers between Levels 1, 2 or 3 during the nine months ended September 30, 2017.

As of September 30, 2017, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investment securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

 

Aggregate gross unrealized appreciation

   $ 2,154,974  

Aggregate gross unrealized depreciation

     (652,301
  

 

 

 

Net unrealized appreciation

   $ 1,502,673  
  

 

 

 

Federal income tax cost of investment securities and derivative instruments, if applicable

   $ 19,984,883  
  

 

 

 

 

See Notes to Portfolio of Investments.

6


EQ ADVISORS TRUST

1290 VT DOUBLELINE DYNAMIC ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2017 (Unaudited)

 

     Principal
Amount
     Value
(Note 1)
 

LONG-TERM DEBT SECURITIES:

     

Asset-Backed Securities (7.8%)

     

GCAT LLC,

     

Series 2017-3 A1

     

3.351%, 4/25/47(e)§

   $ 828,430      $ 829,856  

New Residential Mortgage Loan Trust,

     

Series 2017-RPL1 A1

     

3.598%, 4/25/22(e)§

     964,403        964,753  

RASC Trust,

     

Series 2007-EMX1 A13

     

1.434%, 1/25/37(l)

     1,083,486        946,960  

VOLT LVII LLC,

     

Series 2017-NPL4 A1

     

3.375%, 4/25/47(e)§

     749,730        751,090  

VOLT LVIII LLC,

     

Series 2017-NPL5 A1

     

3.375%, 5/28/47(e)§

     773,412        774,824  
     

 

 

 

Total Asset-Backed Securities

        4,267,483  
     

 

 

 

Collateralized Mortgage Obligations (6.0%)

 

  

FHLMC,

     

Series 4484 CD

     

1.750%, 7/15/30

     486,014        481,826  

Series 4624 GA

     

2.500%, 4/15/40

     463,914        463,561  

FNMA,

     

Series 2016-52 ZC

     

3.000%, 8/25/46

     558,277        518,455  

Series 2016-9 A

     

3.000%, 9/25/43

     390,126        394,983  

Series 2017-32 CA

     

3.000%, 10/25/42

     957,811        973,424  

Series 2017-51 EA

     

3.000%, 11/25/42

     491,663        497,628  
     

 

 

 

Total Collateralized Mortgage Obligations

        3,329,877  
     

 

 

 

Corporate Bonds (14.6%)

     

Consumer Discretionary (2.3%)

     

Auto Components (0.3%)

     

Dana Financing Luxembourg Sarl

     

5.750%, 4/15/25§

     50,000        52,690  

Delphi Jersey Holdings plc

     

5.000%, 10/1/25(b)§

     60,000        60,978  

Icahn Enterprises LP

     

6.250%, 2/1/22

     50,000        52,065  
     

 

 

 
        165,733  
     

 

 

 

Automobiles (0.2%)

     

Ford Motor Co.

     

7.450%, 7/16/31

     75,000        97,186  

General Motors Co.

     

(USD 3 Month LIBOR + 0.80%), 2.112%, 8/7/20(k)

     15,000        15,009  
     

 

 

 
        112,195  
     

 

 

 

Hotels, Restaurants & Leisure (1.0%)

     

1011778 BC ULC

     

4.250%, 5/15/24§

     60,000        60,138  

5.000%, 10/15/25(b)§

     15,000        15,206  

Constellation Merger Sub, Inc.

     

8.500%, 9/15/25§

     25,000        24,562  

CRC Escrow Issuer LLC

     

5.250%, 10/15/25(b)§

     60,000        60,337  

Eldorado Resorts, Inc.

     

6.000%, 4/1/25

     60,000        63,000  

GLP Capital LP

     

5.375%, 4/15/26

     50,000        54,625  

Hilton Domestic Operating Co., Inc.

     

4.250%, 9/1/24

     50,000        51,000  

Landry’s, Inc.

     

6.750%, 10/15/24§

     35,000        35,396  

Pinnacle Entertainment, Inc.

     

5.625%, 5/1/24

     70,000        71,663  

Six Flags Entertainment Corp.

     

4.875%, 7/31/24§

     50,000        50,815  

Viking Cruises Ltd.

     

5.875%, 9/15/27(b)§

     60,000        60,210  
     

 

 

 
        546,952  
     

 

 

 

Internet & Direct Marketing Retail (0.1%)

 

  

Amazon.com, Inc.

     

4.050%, 8/22/47§

     50,000        50,920  
     

 

 

 

Leisure Products (0.0%)

     

Hasbro, Inc.

     

3.500%, 9/15/27

     15,000        14,871  
     

 

 

 

Media (0.5%)

     

Cengage Learning, Inc.

     

9.500%, 6/15/24§

     55,000        48,125  

Charter Communications Operating LLC

     

4.908%, 7/23/25

     50,000        53,460  

Comcast Corp.

     

4.400%, 8/15/35

     50,000        54,318  

Omnicom Group, Inc.

     

3.600%, 4/15/26

     95,000        95,904  
     

 

 

 
        251,807  
     

 

 

 

Specialty Retail (0.2%)

     

Home Depot, Inc. (The)

     

3.000%, 4/1/26

     55,000        55,297  

Lowe’s Cos., Inc.

     

3.100%, 5/3/27

     30,000        29,982  

PetSmart, Inc.

     

7.125%, 3/15/23§

     40,000        31,300  

5.875%, 6/1/25§

     25,000        21,812  
     

 

 

 
        138,391  
     

 

 

 

Total Consumer Discretionary

        1,280,869  
     

 

 

 

Consumer Staples (1.2%)

     

Beverages (0.1%)

     

Anheuser-Busch InBev Finance, Inc.

     

4.900%, 2/1/46

     45,000        51,001  
     

 

 

 

Food & Staples Retailing (0.2%)

     

Kroger Co. (The)

     

3.400%, 4/15/22

     65,000        66,883  

Sysco Corp.

     

3.250%, 7/15/27

     65,000        64,409  
     

 

 

 
        131,292  
     

 

 

 

Food Products (0.7%)

     

JBS USA LUX SA

     

7.250%, 6/1/21§

     55,000        55,962  

Kraft Heinz Foods Co.

     

2.800%, 7/2/20

     55,000        55,865  

Pilgrim’s Pride Corp.

     

5.750%, 3/15/25§

     55,000        56,787  

Post Holdings, Inc.

     

5.500%, 3/1/25§

     60,000        62,322  

Smithfield Foods, Inc.

     

4.250%, 2/1/27§

     45,000        46,491  

Unilever Capital Corp.

     

2.900%, 5/5/27

     100,000        98,615  
     

 

 

 
        376,042  
     

 

 

 

 

See Notes to Portfolio of Investments.

1


EQ ADVISORS TRUST

1290 VT DOUBLELINE DYNAMIC ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2017 (Unaudited)

 

     Principal
Amount
     Value
(Note 1)
 

Household Products (0.1%)

     

Kronos Acquisition Holdings, Inc.

     

9.000%, 8/15/23§

   $ 60,000      $ 58,500  
     

 

 

 

Tobacco (0.1%)

     

BAT Capital Corp.

     

(USD 3 Month LIBOR + 0.88%), 2.195%, 8/15/22(k)§

     10,000        10,024  

Reynolds American, Inc.

     

4.000%, 6/12/22

     55,000        58,078  
     

 

 

 
        68,102  
     

 

 

 

Total Consumer Staples

        684,937  
     

 

 

 

Energy (1.4%)

     

Energy Equipment & Services (0.1%)

     

FTS International, Inc.

     

6.250%, 5/1/22

     30,000        27,450  

Schlumberger Holdings Corp.

     

2.350%, 12/21/18§

     40,000        40,239  
     

 

 

 
        67,689  
     

 

 

 

Oil, Gas & Consumable Fuels (1.3%)

     

Canadian Natural Resources Ltd.

     

2.950%, 1/15/23

     85,000        84,750  

Cheniere Energy Partners LP

     

5.250%, 10/1/25(b)§

     60,000        61,350  

Enable Midstream Partners LP

     

4.400%, 3/15/27

     45,000        45,894  

Energy Transfer LP

     

4.750%, 1/15/26

     50,000        52,694  

Kinder Morgan Energy Partners LP

     

6.950%, 1/15/38

     50,000        60,647  

MEG Energy Corp.

     

7.000%, 3/31/24§

     20,000        17,124  

NGL Energy Partners LP

     

7.500%, 11/1/23

     50,000        49,750  

Peabody Energy Corp.

     

6.000%, 3/31/22§

     50,000        51,750  

Phillips 66

     

5.875%, 5/1/42

     30,000        36,848  

Sanchez Energy Corp.

     

6.125%, 1/15/23(x)

     75,000        64,500  

Seven Generations Energy Ltd.

     

5.375%, 9/30/25(b)§

     35,000        35,168  

SM Energy Co.

     

5.000%, 1/15/24

     60,000        56,400  

Valero Energy Corp.

     

6.625%, 6/15/37

     20,000        25,079  

Williams Partners LP

     

3.750%, 6/15/27

     40,000        40,067  
     

 

 

 
        682,021  
     

 

 

 

Total Energy

        749,710  
     

 

 

 

Financials (3.0%)

     

Banks (1.1%)

     

Bank of America Corp.

     

2.503%, 10/21/22

     40,000        39,564  

(USD 3 Month LIBOR + 1.02%), 2.881%, 4/24/23(k)

     40,000        39,982  

Bank of Montreal

     

1.900%, 8/27/21

     55,000        54,267  

Citigroup, Inc.

     

(USD 3 Month LIBOR + 1.10%), 2.414%, 5/17/24(k)

     70,000        70,351  

Commonwealth Bank of Australia

     

2.750%, 3/10/22§

     80,000        81,021  

JPMorgan Chase & Co.

     

2.972%, 1/15/23

     50,000        50,550  

4.250%, 10/1/27

     50,000        52,676  

Sumitomo Mitsui Financial Group, Inc.

     

2.058%, 7/14/21

     80,000        78,613  

Wells Fargo & Co.

     

3.069%, 1/24/23

     50,000        50,882  

(USD 3 Month LIBOR + 1.31%), 3.584%, 5/22/28(k)

     45,000        45,566  

Westpac Banking Corp.

     

2.000%, 8/19/21

     55,000        54,318  

2.500%, 6/28/22

     5,000        4,989  
     

 

 

 
        622,779  
     

 

 

 

Capital Markets (0.3%)

     

Goldman Sachs Group, Inc. (The)

     

3.000%, 4/26/22

     20,000        20,221  

(USD 3 Month LIBOR + 1.05%), 2.908%, 6/5/23(k)

     35,000        35,025  

Morgan Stanley

     

2.750%, 5/19/22

     55,000        55,320  

(USD 3 Month LIBOR + 1.34%), 3.591%, 7/22/28(k)

     50,000        50,164  
     

 

 

 
        160,730  
     

 

 

 

Consumer Finance (0.5%)

     

Ally Financial, Inc.

     

4.125%, 3/30/20

     50,000        51,437  

American Express Co.

     

2.500%, 8/1/22

     40,000        39,993  

American Express Credit Corp.

     

2.700%, 3/3/22

     65,000        65,843  

Discover Financial Services

     

4.100%, 2/9/27

     60,000        60,938  

General Motors Financial Co., Inc.

     

3.950%, 4/13/24

     75,000        76,446  
     

 

 

 
        294,657  
     

 

 

 

Diversified Financial Services (0.3%)

     

ASP AMC Merger Sub, Inc.

     

8.000%, 5/15/25§

     60,000        57,750  

Shell International Finance BV

     

1.375%, 5/10/19

     45,000        44,882  

Tempo Acquisition LLC

     

6.750%, 6/1/25§

     50,000        50,500  
     

 

 

 
        153,132  
     

 

 

 

Insurance (0.8%)

     

Alliant Holdings Intermediate LLC

     

8.250%, 8/1/23§

     50,000        52,875  

AssuredPartners, Inc.

     

7.000%, 8/15/25§

     60,000        61,462  

Athene Global Funding

     

3.000%, 7/1/22§

     60,000