Summary Prospectus by Investment Company (Form 497K)

EQ ADVISORS TRUST^SM

EQ/Intermediate Government Bond Portfolio

SUPPLEMENT DATED JUNE 30, 2026, TO THE SUMMARY PROSPECTUS AND PROSPECTUS DATED MAY 1, 2026, AS SUPPLEMENTED

This Supplement updates certain information contained in the Summary Prospectus and Prospectus of EQ Advisors Trust ("Trust") dated May 1, 2026, as supplemented. You should read this Supplement in conjunction with the Summary Prospectus and Prospectus and retain it for future reference. You may view, print, and download these documents, free of charge, at the Trust's website at www.equitable-funds.com.

Effective immediately, the section of the Summary Prospectus and Prospectus entitled "INVESTMENTS, RISKS, AND PERFORMANCE - Principal Investment Strategy" is amended by deleting the description of the Principal Investment Strategy in its entirety and replacing it with the following:

The Portfolio normally invests at least 80% of its net assets, plus borrowings for investment purposes, in debt securities that are included in the Intermediate Government Bond Index, or other financial instruments that derive their value from those securities. The Intermediate Government Bond Index is an unmanaged index that measures the performance of securities consisting of all U.S. Treasury and agency securities with remaining maturities of from one to ten years and issue amounts of at least $250 million outstanding, which may include zero-coupon securities. The Portfolio typically invests approximately 50% of its assets in U.S. Treasury securities and approximately 50% of its assets in U.S. agency securities. The Sub-Adviser may also invest up to 10% of the Portfolio's assets in exchange-traded funds ("ETFs") that invest in securities included in the Intermediate Government Bond Index. The Sub-Adviser may also purchase or sell futures contracts on fixed-income securities in lieu of investment directly in fixed-income securities themselves.

The Portfolio is not expected to track the performance of the Intermediate Government Bond Index due to differences in individual securities holdings, expenses and transaction costs, the size and frequency of cash flow into and out of the Portfolio, and differences between how and when the Portfolio and the Intermediate Government Bond Index are valued.