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Shareholder reports

Equity funds

Fund	Prospectus	Summary Prospectus	Statement of Additional Information	Annual Report	Semi-Annual Report	1^st quarter holdings¹	3^rd quarter holdings¹	N-PX
1290 Avantis^® U.S. Large Cap Growth Fund
1290 Essex Small Cap Growth Fund
1290 GAMCO Small/Mid Cap Value Fund
1290 SmartBeta Equity Fund

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Fixed-income funds

Fund	Prospectus	Summary Prospectus	Statement of Additional Information	Annual Report	Semi-Annual Report	1^st quarter holdings¹	3^rd quarter holdings¹	N-PX
1290 High Yield Bond Fund
1290 Diversified Bond Fund

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Allocation funds

Fund	Prospectus	Summary Prospectus	Statement of Additional Information	Annual Report	Semi-Annual Report	1^st quarter holdings¹	3^rd quarter holdings¹	N-PX
1290 Retirement 2020 Fund
1290 Retirement 2025 Fund
1290 Retirement 2030 Fund
1290 Retirement 2035 Fund
1290 Retirement 2040 Fund
1290 Retirement 2045 Fund
1290 Retirement 2050 Fund
1290 Retirement 2055 Fund

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Multi-asset funds

Fund	Prospectus	Summary Prospectus	Statement of Additional Information	Annual Report	Semi-Annual Report	1^st quarter holdings¹	3^rd quarter holdings¹	N-PX
1290 Loomis Sayles Multi-Asset Income Fund
1290 Multi-Alternative Strategies Fund

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¹quarter holdings are based on the fiscal year

Applications & forms

Account applications	Account Forms
A shares
I shares
R shares

Fund resources

Fund	Fact sheet	Fund profile	Q&A	Quarterly commentary
Equity funds
1290 Avantis^® U.S. Large Cap Growth Fund
1290 Essex Small Cap Growth Fund
1290 GAMCO Small/Mid Cap Value Fund
1290 SmartBeta Equity Fund
Fixed-income funds
1290 High Yield Bond Fund
1290 Diversified Bond Fund
Allocation funds
1290 Retirement Funds
Multi-Asset funds
1290 Loomis Sayles Multi-Asset Income Fund
1290 Multi-Alternative Strategies Fund

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Tax information

Fund	Form 8937

Capital Gains Estimates as of October 31, 2023 (rates per share)

cont

Contact us

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

Financial professionals: contact us for more info

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Risks | Sales charges | Definitions

© 2023 1290 Funds^® | 1290 Avenue of the Americas, New York, NY 10104

Important disclosures:

An investor should consider investment objectives, risks, charges and expenses carefully before investing. Click the link to obtain a Prospectus which contains this and other information, or call 888-310-0416. Read the Prospectus carefully before investing.

Equitable Investment Management, LLC (EIM II) is the investment adviser to the 1290 Funds^® an indirect, wholly-owned subsidiary of Equitable Holdings, Inc. Equitable Distributors, LLC is the wholesale distributor of 1290 Funds^®. Equitable Advisors, LLC (member FINRA, SIPC) (Equitable Financial Advisors in MI & TN), offers 1290 Funds^® to investors. Equitable Advisors is the brand name of Equitable Advisors, LLC. EIM II is an affiliate of Equitable Advisors. 1290 Funds^® is part of the same fund complex that includes EQ Advisors Trust and EQ Premier VIP Trust, for which Equitable Investment Management Group, LLC (EIMG), an affiliate of EIM II, serves as the investment adviser. EIMG is a wholly-owned subsidiary of Equitable Financial and like EIM II, EIMG is an indirect, wholly owned subsidiary of Equitable Holdings, Inc. EIM II and EIMG are affiliates of Equitable Advisors. References to “Equitable Investment Management” include EIMG and EIM II, unless otherwise stated.

1290 Funds^® is a registered service mark of Equitable Investment Management Group, LLC. The 1290 Funds^® are not suitable for all investors. Subject to investment risks, including possible loss of the principal amount invested.

The 1290 Funds^® are subject to several risk factors which are explained by clicking here.

The 1290 Funds^® offer several ways for investors to reduce or eliminate sales charges. A brief summary of some of the ways is explained by clicking here. For more details, read your Fund's Statement of Additional Information or speak with your financial advisor.

Diversification does not eliminate the risk of experiencing losses.

Fund's performance does not guarantee future results.

Mutual funds, annuities, and other investments are not insured or guaranteed by the FDIC or by any other government agency or government sponsored agency of the federal government or any state, not deposits, obligations, or guaranteed by any bank or its affiliates and are subject to investment risks, including possible loss of the principal amount invested.

1290 Funds^® is distributed by ALPS Distributors, Inc., 1290 Broadway, Suite 1000, Denver, CO 80203, which is not affiliated with Equitable Investment Management Group, LLC; Equitable Financial Life Insurance Company; Equitable Distributors, LLC; Equitable Advisors, LLC (member FINRA, SIPC) (Equitable Financial Advisors in MI & TN); American Century Investment Management, Inc. or its division Avantis^® Investors; AXA Investment Managers U.S., Inc.; Brandywine Global Investment Management, LLC; GAMCO Asset Management Inc.; Essex Investment Management, LLC; or Loomis, Sayles & Company, L.P.

ALPS, an SS&C Company, 1290 Broadway, Suite 1000, Denver CO 80203.

Fund gross total annual operating expense ratios:
1290 Essex Small Cap Growth Fund Class A - Class I - Class R - 1290 GAMCO Small/Mid Cap Value Fund Class A - Class I - Class R - 1290 SmartBeta Equity Fund Class A - Class I - Class R - 1290 High Yield Bond Fund Class A - Class I - Class R - 1290 Diversified Bond Fund Class A - Class I - Class R - 1290 Loomis Sayles Multi-Asset Income Fund Class A - Class I - Class R -	1290 Multi-Alternative Strategies Fund Class A - Class I - Class R - 1290 Retirement 2020 Fund Class I - 1290 Retirement 2025 Fund Class I - 1290 Retirement 2030 Fund Class I - 1290 Retirement 2035 Fund Class I - 1290 Retirement 2040 Fund Class I - 1290 Retirement 2045 Fund Class I - 1290 Retirement 2050 Fund Class I - 1290 Retirement 2055 Fund Class I -

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