| Class A | Class I | Class R | |
|---|---|---|---|
| Net asset value as of | |||
| Daily change $ | |||
| Daily change % | |||
| Status | Open | Open | Open |
| Ticker | |||
| CUSIP | |||
| ISIN | US68259P5706 | US68259P5540 | US68259P5474 |
| Investment minimum* | $1,000 for all accounts except:
|
$1,000,000 for certain institutions and individuals
|
No minimum |
A dynamic, active asset allocation process:
Seeks to provide income and total return through principally investing in income-generating securities and investments.
as of
| Sector Allocation | Fund |
|---|---|
Source: Loomis Sayles, as of
| Security | Weight % |
|---|
1quarter holdings are based on the fiscal year
Top holdings exclude cash, cash equivalents and money market funds.
| Total returns | |
|---|---|
| Total returns | |
|---|---|
| Total returns | |
|---|---|
Risk Measures and Statistics:
Source: Equitable Investment Management and Morningstar Inc. Past performance is no indication of future results.
See definitions here.
*Calculation Benchmark: Morningstar Mod Tgt Risk TR USD
| Overall | 3 year | 5 year | |
|---|---|---|---|
| Rating | |||
| # of funds |
Overall Morningstar Rating as of based on risk-adjusted returns (I share).
| rank percentile | Morningstar RatingTM | Out of # of funds | |
|---|---|---|---|
| 1 year | |||
| 3 year | |||
| 5 year |
As of , for class I shares (). Other share classes may have different ratings. The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10- year (if applicable) Morningstar Rating metrics. Past performance is no guarantee of future results. The Morningstar percentile ranking is based on the fund’s total-return percentile rank relative to all managed products that have the same category for the same time period. The highest (or most favorable) percentile rank is 1%, and the lowest (or least favorable) percentile rank is 100%. Morningstar total return includes both income and capital gains or losses and is not adjusted for sales charges.
The Morningstar rating is based on past performance. The Fund's portfolio manager and strategy changed as of 8/19/22, and the ratings may continue to reflect the prior management performance for three years.
| Fund | Gross expense ratio | Net expense ratio4 |
|---|---|---|
| Class A shares | ||
| Class I shares | ||
| Class R shares |
Performance data quoted represents past performance. Past performance does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance data may be higher or lower than actual data quoted. For the most current month-end performance data please call (855) 379-9186.
One cannot invest directly in an index.
Returns for periods of less than one year are not annualized.
1Fund inception date of March 7, 2016.
2Maximum Offering Price (MOP) for Class A shares includes the Fund's maximum sales charge of 4.50%. Performance shown at NAV does not include these sales charges and would have been lower had it been taken into account.
3Effective August 19, 2022, the hypothetical composite index against which the Fund measures its performance is a blend of the MCSI World High Dividend Yield Index (20%); Cboe S&P 500 BuyWrite IndexSM (20%); Bloomberg U.S. Corporate High Yield Index (30%); and the Bloomberg U.S. Aggregate Bond Index (30%). Performance information for periods prior to August 19, 2022 is that of the Fund when it followed a different investment objective, different principal investment strategy, and different Sub-Adviser. If the Fund had historically been managed using its current investment strategy, the performance of the Fund would have been different. MSCI World High Dividend Yield Index is based on the MSCI World Index, its parent index, and includes large and mid-cap stocks across 23 Developed Markets countries. The index is designed to reflect the performance of equities in the parent index (excluding REITs) with higher dividend income and quality characteristics than average. The Cboe S&P 500 BuyWrite IndexSM is a benchmark index designed to track the performance of a hypothetical buy-write strategy on the S&P 500 Index®. Bloomberg U.S. Corporate High Yield Index measures the USD-denominated, high yield, fixed-rate corporate bond market. Bloomberg U.S. Aggregate Bond Index covers the U.S. dollar-denominated investment-grade, fixed-rate, taxable bond market of securities.
4Pursuant to a contract, Equitable Investment Management, LLC (the “Adviser”) has agreed to make payments or waive its and its affiliates’ management, administrative and other fees to limit the expenses of the Fund through April 30, 2024 (unless the Board of Trustees consents to an earlier revision or termination of this arrangement) (“Expense Limitation Arrangement”) so that the annual operating expenses of the Fund (exclusive of taxes, interest, brokerage commissions, capitalized expenses (other than offering costs), fees and expenses of other investment companies in which the Fund invests, 12b-1 fees, dividend and interest expenses on securities sold short, and extraordinary expenses not incurred in the ordinary course of the Fund’s business) do not exceed an annual rate of average daily net assets of 0.80% for Class A shares, Class T shares, Class I shares, and Class R shares of the Fund. The Expense Limitation Arrangement may be terminated by the Adviser at any time after April 30, 2024. The Adviser may be reimbursed the amount of any such payments or waivers in the future provided that the payments or waivers are reimbursed within three years of the payments or waivers being recorded and the Fund’s expense ratio, after the reimbursement is taken into account, does not exceed the Fund’s expense cap at the time of the waiver or the Fund’s expense cap at the time of the reimbursement, whichever is lower. The total annual fund operating expense ratios after fee waiver and/or expense reimbursement for Class A shares, Class T shares, and Class R shares, as shown in the table, are higher than the Fund’s expense cap because these ratios include 12b-1 fees and certain other expenses, as noted above, that are excluded from the Expense Limitation Arrangement.
| Class | Record date | Ex-date | Payable date | Ordinary income | Short-term capital gain | Long-term capital gain | Total |
|---|---|---|---|---|---|---|---|
The Fund’s allocations may change at any time. Bond investments are subject to interest rate risk so that when interest rates rise, the prices of bonds can decrease and the investor can lose principal value. Equity securities may be bought on stock exchanges or in the over-the-counter market. Equity securities generally include common stock, preferred stock, warrants, securities convertible into common stock, securities of other investment companies and securities of real estate investment trusts.
Personal investors:
(888) 310-0416
Financial professionals:
(855) 379-9186
To obtain a prospectus:
1290Funds@DFINsolutions.com
Media inquiries:
Equitable US Media Relations
MediaRelations@equitable.com
* Required Information
