EQ Advisors Trust

03/27/2026 | Press release | Distributed by Public on 03/27/2026 10:53

Summary Prospectus by Investment Company (Form 497K)

EQ ADVISORS TRUSTSM

1290 VT GAMCO Mergers & Acquisitions Portfolio

1290 VT GAMCO Small Company Value Portfolio

SUPPLEMENT DATED MARCH 27, 2026 TO THE SUMMARY PROSPECTUS, PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED MAY 1, 2025, AS SUPPLEMENTED

This Supplement updates certain information contained in the Summary Prospectus, Prospectus and Statement of Additional Information ("SAI") of EQ Advisors Trust ("Trust") dated May 1, 2025, as supplemented. You should read this Supplement in conjunction with the Summary Prospectus, Prospectus and SAI and retain it for future reference. You may view, print, and download these documents, free of charge, at the Trust's website at https://equitable-funds.com.

Effective immediately, the following changes are being made to the Summary Prospectus, Prospectus and SAI:

The section of the Summary Prospectus and Prospectus entitled "1290 VT GAMCO Mergers & Acquisitions Portfolio - WHO MANAGES THE PORTFOLIO - Sub-Adviser: GAMCO Asset Management, Inc. ("GAMCO" or the "Sub-Adviser")" is amended by deleting the table in its entirety and replacing it with the following information:

Portfolio Managers: The members of the team that are jointly and primarily responsible for the securities selection, research and trading for the Portfolio are:

Name Title Since

Mario J. Gabelli

Chief Executive Officer and Chief Investment Officer of Value Portfolios of GAMCO 2003

Christopher J. Marangi

President and Co-Chief Investment Officer of Value Portfolios of GAMCO 2026

Kevin V. Dreyer

Co-Chief Investment Officer of Value Portfolios of GAMCO 2026

Willis Brucker

Portfolio Manager of GAMCO 2026

The section of the Summary Prospectus and Prospectus entitled "1290 VT GAMCO Small Company Value Portfolio - WHO MANAGES THE PORTFOLIO - Sub-Adviser: GAMCO Asset Management, Inc. ("GAMCO" or the "Sub-Adviser")" is amended by deleting the table in its entirety and replacing it with the following information:

Portfolio Managers: The members of the team that are jointly and primarily responsible for the securities selection, research and trading for the Portfolio are:

Name Title Since

Mario J. Gabelli

Chief Executive Officer and Chief Investment Officer of Value Portfolios of GAMCO 1996

Christopher J. Marangi

President and Co-Chief Investment Officer of Value Portfolios of GAMCO 2026

Kevin V. Dreyer

Co-Chief Investment Officer of Value Portfolios of GAMCO 2026

The section of the Prospectus entitled "Management of the Trust - The Sub-Advisers - GAMCO Asset Management, Inc." is amended by deleting the second paragraph in its entirety and replacing it with the following information:

Mario J. Gabelli, Christopher J. Marangi, Kevin V. Dreyer, and Willis Brucker are jointly and primarily responsible for the investment decisions for the 1290 VT GAMCO Mergers & Acquisitions Portfolio. Mario J. Gabelli, Christopher J. Marangi, and Kevin V. Dreyer are jointly and primarily responsible for the investment decisions for the 1290 VT GAMCO Small Company Value Portfolio.

Mario J. Gabelli serves as the Chief Executive Officer and Chief Investment Officer of Value Portfolios at GAMCO and has over 50 years of experience in the investment industry.

Christopher J. Marangi serves as President and Co-Chief Investment Officer of Value Portfolios at GAMCO and has over 25 years of experience in the investment industry. Mr. Marangi joined GAMCO in 2003.

Kevin V. Dreyer serves as Co-Chief Investment Officer of Value Portfolios at GAMCO and has over 20 years of experience in the investment industry. Mr. Dreyer joined GAMCO in 2005.

Willis Brucker is a Portfolio Manager at GAMCO specializing in global merger arbitrage and event-driven investing and has over 20 years of experience in the investment industry. Mr. Brucker joined GAMCO in 2004.

***

The section of the SAI entitled "Appendix B - EQ Advisors Trust - Portfolio Manager Information - GAMCO Asset Management, Inc." is amended to include the following information:

GAMCO Asset Management, Inc. ("GAMCO")
Portfolio Manager Presented below for each portfolio manager is the number of other
accounts managed by the portfolio manager and the total assets in the
accounts managed within each category as of December 31, 2025 		Presented below for each of the categories is the number of
accounts and the total assets in the accounts with respect
to which the advisory fee is based on the performance of
the account
Registered

Investment Companies

Other Pooled Investment

Vehicles

Other Accounts Registered

Investment

Companies

Other Pooled Investment Vehicles Other Accounts
Number
of
Accounts 		Total

Assets

Number
of
Accounts 		Total Assets Number
of
Accounts 		Total

Assets

Number

of

Accounts

Total

Assets

Number
of
Accounts 		Total
Assets 		Number
of
Accounts 		Total
Assets
1290 VT GAMCO Mergers & Acquisitions Portfolio

Christopher J. Marangi

10 $7.6 billion 1 $22.6 million 240 $605.9 million 0 N/A 0 N/A 0 N/A

Kevin V. Dreyer

6 $7.4 billion 1 $22.6 million 234 $592.9 million 0 N/A 0 N/A 0 N/A

Willis Brucker

2 $141.7 million 0 N/A 3 $1.1 million 1 $132.0 million 0 N/A 0 N/A
1290 VT GAMCO Small Company Value Portfolio

Christopher J. Marangi

10 $7.6 billion 1 $22.6 million 240 $605.9 million 0 N/A 0 N/A 0 N/A

Kevin V. Dreyer

6 $7.4 billion 1 $22.6 million 234 $592.9 million 0 N/A 0 N/A 0 N/A

Ownership of Shares of the Portfolio as of December 31, 2025

Portfolio Manager None

$1-

$10,000

$10,001-

$50,000

$50,001-

$100,000

$100,001-

$500,000

$500,001-

$1,000,000

over

$1,000,000

1290 VT GAMCO Mergers & Acquisitions Portfolio

Christopher J. Marangi

X

Kevin V. Dreyer

X

Willis Brucker

X
1290 VT GAMCO Small Company Value Portfolio

Christopher J. Marangi

X

Kevin V. Dreyer

X
EQ Advisors Trust published this content on March 27, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on March 27, 2026 at 16:53 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]