EQ PREMIER VIP TRUST

EQ/CONSERVATIVE ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2020 (Unaudited)

	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
Equity (20.2%)
1290 VT Equity Income Portfolio‡		2,180,630	$	7,891,574
1290 VT GAMCO Small Company Value Portfolio‡		40,985		2,121,372
1290 VT Micro Cap Portfolio‡		139,549		1,639,364
ATM International Managed Volatility Portfolio‡		1,788,094		17,729,994
ATM Large Cap Managed Volatility Portfolio‡		4,589,797		74,081,272
ATM Mid Cap Managed Volatility Portfolio‡		2,057,743		14,999,048
ATM Small Cap Managed Volatility Portfolio‡		547,089		5,988,471
EQ/AB Small Cap Growth Portfolio‡		159,224		3,139,602
EQ/American Century Mid Cap Value Portfolio‡		132,439		2,659,812
EQ/BlackRock Basic Value Equity Portfolio‡		345,778		6,888,696
EQ/Global Equity Managed Volatility Portfolio‡		353,485		6,351,168
EQ/International Core Managed Volatility Portfolio‡		386,708		4,022,581
EQ/International Equity Index Portfolio‡		76,427		675,025
EQ/International Value Managed Volatility Portfolio‡		491,783		5,747,965
EQ/Janus Enterprise Portfolio‡		256,791		5,562,710
EQ/JPMorgan Value Opportunities Portfolio‡		494,077		8,076,748
EQ/Large Cap Core Managed Volatility Portfolio‡		1,446,423		17,154,633
EQ/Large Cap Growth Index Portfolio‡		76,827		1,586,105
EQ/Large Cap Growth Managed Volatility Portfolio‡		257,301		11,141,056
EQ/Large Cap Value Managed Volatility Portfolio‡		496,945		8,381,777
EQ/Loomis Sayles Growth Portfolio‡		562,138		6,229,982
EQ/MFS International Growth Portfolio‡		916,156		7,811,298
EQ/Morgan Stanley Small Cap Growth Portfolio‡		175,676		2,563,705
EQ/T. Rowe Price Growth Stock Portfolio*‡		43,496		2,997,003
Total Equity				225,440,961
Fixed Income (79.9%)
1290 VT DoubleLine Opportunistic Bond Portfolio‡		6,112,882		63,760,161
1290 VT High Yield Bond Portfolio‡		1,424,525		13,866,580
EQ/Core Bond Index Portfolio‡		23,087,420		246,580,114
EQ/Global Bond PLUS Portfolio‡		2,324,555		23,027,424
EQ/Intermediate Government Bond Portfolio‡		28,185,514		306,561,490
EQ/PIMCO Ultra Short Bond Portfolio‡		13,354,028		132,767,533
EQ/Quality Bond PLUS Portfolio‡		3,841,855		35,347,893
Multimanager Core Bond Portfolio‡		6,609,265		68,588,914
Total Fixed Income				890,500,109
Total Investments in Securities (100.1%) (Cost $985,983,143)				1,115,941,070
Other Assets Less Liabilities (-0.1%)				(785,267	)
Net Assets (100%)			$	1,115,155,803

* Non-income producing.

‡ 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 PREMIER VIP TRUST

EQ/CONSERVATIVE ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

Investments in companies which were affiliates for nine months ended September 30, 2020, were as follows:

Security Description	Shares at September 30, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value September 30, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
INVESTMENT COMPANIES:
Equity
1290 VT Equity Income Portfolio		2,180,630		6,884,313		2,442,579		(472,419	)		(683	)		(962,216	)		7,891,574		—		—
1290 VT GAMCO Small Company Value Portfolio		40,985		2,552,726		511,289		(736,209	)		184,075			(390,509	)		2,121,372		—		—
1290 VT Micro Cap Portfolio		139,549		1,324,301		105,000		—			—			210,063			1,639,364		—		—
ATM International Managed Volatility Portfolio		1,788,094		18,492,268		5,974,023		(6,168,466	)		373,874			(941,705	)		17,729,994		—		—
ATM Large Cap Managed Volatility Portfolio		4,589,797		73,333,235		10,259,802		(14,427,654	)		1,026,506			3,889,383			74,081,272		—		—
ATM Mid Cap Managed Volatility Portfolio		2,057,743		12,473,421		4,495,158		(1,368,188	)		1,155			(602,498	)		14,999,048		—		—
ATM Small Cap Managed Volatility Portfolio		547,089		5,690,397		2,048,866		(1,508,628	)		52,968			(295,132	)		5,988,471		—		—
EQ/AB Small Cap Growth Portfolio		159,224		2,509,371		616,288		(361,209	)		1,158			373,994			3,139,602		—		—
EQ/American Century Mid Cap Value Portfolio(aa)		132,439		—		—		—			—			641,977			2,659,812		—		—
EQ/BlackRock Basic Value Equity Portfolio		345,778		8,996,637		588,866		(1,508,628	)		395,810			(1,583,989	)		6,888,696		—		—
EQ/Global Equity Managed Volatility Portfolio		353,485		5,960,717		1,742,579		(1,722,419	)		175,367			194,924			6,351,168		—		—
EQ/International Core Managed Volatility Portfolio		386,708		4,285,729		892,578		(972,419	)		76,347			(259,654	)		4,022,581		—		—
EQ/International Equity Index Portfolio		76,427		753,580		—		—			—			(78,555	)		675,025		—		—
EQ/International Value Managed Volatility Portfolio		491,783		3,879,547		2,542,577		(472,419	)		215			(201,955	)		5,747,965		—		—
EQ/Janus Enterprise Portfolio(ab)		256,791		—		—		—			—			1,470,523			5,562,710		—		—
EQ/JPMorgan Value Opportunities Portfolio		494,077		7,590,508		2,478,866		(1,558,628	)		77,645			(511,643	)		8,076,748		—		—
EQ/Large Cap Core Managed Volatility Portfolio		1,446,423		18,211,414		1,177,735		(3,117,257	)		463,332			419,409			17,154,633		—		—
EQ/Large Cap Growth Index Portfolio		76,827		1,282,232		—		—			—			303,873			1,586,105		—		—
EQ/Large Cap Growth Managed Volatility Portfolio		257,301		13,932,941		981,445		(5,951,047	)		2,969,973			(792,256	)		11,141,056		—		—
EQ/Large Cap Value Managed Volatility Portfolio		496,945		6,992,053		2,545,156		(944,838	)		1,459			(212,053	)		8,381,777		—		—
EQ/Loomis Sayles Growth Portfolio		562,138		4,921,881		2,172,579		(2,372,419	)		435,493			1,072,448			6,229,982		—		—
EQ/MFS International Growth Portfolio		916,156		8,267,726		2,988,866		(4,298,628	)		817,150			36,184			7,811,298		—		—
EQ/Morgan Stanley Small Cap Growth Portfolio		175,676		1,993,495		—		(200,000	)		61,500			708,710			2,563,705		—		—
EQ/T. Rowe Price Growth Stock Portfolio*		43,496		3,352,871		1,376,289		(2,736,209	)		773,452			230,600			2,997,003		—		—

See Notes to Portfolio of Investments.

2

EQ PREMIER VIP TRUST

EQ/CONSERVATIVE ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

Security Description	Shares at September 30, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value September 30, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
Multimanager Mid Cap Growth Portfolio*(ab)		—		4,651,219		624,020		(142,639	)		(445	)		(1,039,968	)		—		—		134,587
Multimanager Mid Cap Value Portfolio(aa)		—		2,394,176		678,284		(142,639	)		207			(912,193	)		—		18,339		10,512
Fixed Income
1290 VT DoubleLine Opportunistic Bond Portfolio		6,112,882		46,879,001		16,365,445		(1,181,047	)		198			1,696,564			63,760,161		—		—
1290 VT High Yield Bond Portfolio		1,424,525		13,741,941		1,089,446		(1,181,047	)		2,581			213,659			13,866,580		—		—
EQ/Core Bond Index Portfolio		23,087,420		232,692,400		30,696,610		(30,384,733	)		211,920			13,363,917			246,580,114		—		—
EQ/Global Bond PLUS Portfolio		2,324,555		22,038,553		1,766,601		(2,125,885	)		555			1,347,600			23,027,424		—		—
EQ/Intermediate Government Bond Portfolio		28,185,514		309,926,876		38,719,301		(56,304,481	)		901,691			13,318,103			306,561,490		—		—
EQ/PIMCO Ultra Short Bond Portfolio		13,354,028		120,482,942		22,341,872		(11,338,052	)		(616	)		1,281,387			132,767,533		—		—
EQ/Quality Bond PLUS Portfolio		3,841,855		31,817,619		3,244,022		(1,653,466	)		11,287			1,928,431			35,347,893		—		—
Multimanager Core Bond Portfolio		6,609,265		40,862,004		28,241,681		(2,362,094	)		1,103			1,846,220			68,588,914		798,792		—
Total				1,039,168,094		189,707,823		(157,713,767	)		9,015,277			35,763,643			1,115,941,070		817,131		145,099

(aa) As a result of a business combination, after the close of business on June 12, 2020, the Portfolio exchanged its Class K shares in Multimanager Mid Cap Value Portfolio for Class K shares of the EQ/American Century Mid Cap Value Portfolio with a value of $2,552,675 (at a cost of $2,017,835), representing 210,595 shares of Multimanager Mid Cap Value Portfolio and 132,439 shares of EQ/American Century Mid Cap Value Portfolio, as a nontaxable transfer. These amounts are not reflected in the purchases and sales listed above.

(ab) As a result of a business combination, after the close of business on June 5, 2020, the Portfolio exchanged its Class K shares in Multimanager Mid Cap Growth Portfolio for Class K shares of the EQ/Janus Enterprise Portfolio with a value of $5,451,418 (at a cost of $4,092,187), representing 488,219 shares of Multimanager Mid Cap Growth Portfolio and 256,791 shares of EQ/Janus Enterprise Portfolio, as a nontaxable transfer. These amounts are not reflected in the purchases and sales listed above.

See Notes to Portfolio of Investments.

3

EQ PREMIER VIP TRUST

EQ/CONSERVATIVE ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (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, 2020:

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	$	—	$	1,115,941,070	$	—	$	1,115,941,070
Total Assets	$	—	$	1,115,941,070	$	—	$	1,115,941,070
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	—	$	1,115,941,070	$	—	$	1,115,941,070

As of September 30, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	132,099,890
Aggregate gross unrealized depreciation		(2,962,798	)
Net unrealized appreciation	$	129,137,092
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	986,803,978

See Notes to Portfolio of Investments.

4

EQ PREMIER VIP TRUST

EQ/CONSERVATIVE-PLUS ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2020 (Unaudited)

	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
Equity (40.2%)
1290 VT Equity Income Portfolio‡		3,424,868	$	12,394,397
1290 VT GAMCO Small Company Value Portfolio‡		164,069		8,492,173
1290 VT Micro Cap Portfolio‡		429,181		5,041,854
1290 VT Small Cap Value Portfolio‡		626,561		4,978,186
ATM International Managed Volatility Portfolio‡		4,849,431		48,084,929
ATM Large Cap Managed Volatility Portfolio‡		7,632,456		123,191,075
ATM Mid Cap Managed Volatility Portfolio‡		3,243,118		23,639,335
ATM Small Cap Managed Volatility Portfolio‡		2,777,450		30,402,159
EQ/AB Small Cap Growth Portfolio‡		724,815		14,292,002
EQ/American Century Mid Cap Value Portfolio‡		211,774		4,253,137
EQ/BlackRock Basic Value Equity Portfolio‡		595,979		11,873,255
EQ/Franklin Small Cap Value Managed Volatility Portfolio‡		344,216		4,673,633
EQ/Global Equity Managed Volatility Portfolio‡		941,060		16,908,316
EQ/International Core Managed Volatility Portfolio‡		1,076,399		11,196,827
EQ/International Equity Index Portfolio‡		175,902		1,553,622
EQ/International Value Managed Volatility Portfolio‡		1,095,145		12,800,053
EQ/Janus Enterprise Portfolio‡		526,398		11,403,023
EQ/JPMorgan Value Opportunities Portfolio‡		793,115		12,965,150
EQ/Large Cap Core Managed Volatility Portfolio‡		2,423,168		28,738,874
EQ/Large Cap Growth Index Portfolio‡		109,025		2,250,833
EQ/Large Cap Growth Managed Volatility Portfolio‡		442,555		19,162,489
EQ/Large Cap Value Managed Volatility Portfolio‡		1,186,875		20,018,580
EQ/Loomis Sayles Growth Portfolio‡		866,132		9,599,042
EQ/MFS International Growth Portfolio‡		2,508,205		21,385,364
EQ/Morgan Stanley Small Cap Growth Portfolio‡		603,100		8,801,262
EQ/T. Rowe Price Growth Stock Portfolio*‡		81,351		5,605,295
Total Equity				473,704,865
Fixed Income (59.8%)
1290 VT DoubleLine Opportunistic Bond Portfolio‡		4,473,862		46,664,431
1290 VT High Yield Bond Portfolio‡		1,135,902		11,057,070
EQ/Core Bond Index Portfolio‡		17,463,942		186,519,787
EQ/Global Bond PLUS Portfolio‡		1,742,817		17,264,632
EQ/Intermediate Government Bond Portfolio‡		22,085,889		240,218,538
EQ/PIMCO Ultra Short Bond Portfolio‡		10,565,967		105,048,259
EQ/Quality Bond PLUS Portfolio‡		3,832,397		35,260,870
Multimanager Core Bond Portfolio‡		5,990,359		62,166,105
Total Fixed Income				704,199,692
Total Investments in Securities (100.0%) (Cost $973,298,442)				1,177,904,557
Other Assets Less Liabilities (0.0%)				324,253
Net Assets (100%)			$	1,178,228,810

* Non-income producing.

‡ 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.

5

EQ PREMIER VIP TRUST

EQ/CONSERVATIVE-PLUS ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

Investments in companies which were affiliates for nine months ended September 30, 2020, were as follows:

Security Description	Shares at September 30, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value September 30, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
INVESTMENT COMPANIES:
Equity
1290 VT Equity Income Portfolio		3,424,868		13,556,972		2,561,065		(1,553,076	)		(122	)		(2,170,442	)		12,394,397		—		—
1290 VT GAMCO Small Company Value Portfolio		164,069		9,311,101		2,958,299		(3,239,807	)		647,379			(1,184,799	)		8,492,173		—		—
1290 VT Micro Cap Portfolio		429,181		4,055,217		552,766		(263,269	)		6,350			690,790			5,041,854		—		—
1290 VT Small Cap Value Portfolio		626,561		5,985,426		1,815,533		(1,776,538	)		(43,174	)		(1,003,061	)		4,978,186		—		—
ATM International Managed Volatility Portfolio		4,849,431		53,798,674		13,549,797		(16,873,840	)		163,337			(2,553,039	)		48,084,929		—		—
ATM Large Cap Managed Volatility Portfolio		7,632,456		135,736,923		8,121,726		(27,626,332	)		4,144,762			2,813,996			123,191,075		—		—
ATM Mid Cap Managed Volatility Portfolio		3,243,118		19,073,153		7,315,705		(2,061,353	)		(1,211	)		(686,959	)		23,639,335		—		—
ATM Small Cap Managed Volatility Portfolio		2,777,450		33,109,450		7,083,198		(7,724,227	)		157,845			(2,224,107	)		30,402,159		—		—
EQ/AB Small Cap Growth Portfolio		724,815		12,121,269		2,211,066		(1,653,076	)		176,003			1,436,740			14,292,002		—		—
EQ/American Century Mid Cap Value Portfolio(aa)		211,774		—		—		—			—			1,539,151			4,253,137		—		—
EQ/BlackRock Basic Value Equity Portfolio		595,979		16,699,194		316,599		(2,829,613	)		1,083,776			(3,396,701	)		11,873,255		—		—
EQ/Franklin Small Cap Value Managed Volatility Portfolio		344,216		4,042,090		2,172,767		(1,323,269	)		16,576			(234,531	)		4,673,633		—		—
EQ/Global Equity Managed Volatility Portfolio		941,060		19,584,561		1,816,598		(4,729,613	)		1,056,325			(819,555	)		16,908,316		—		—
EQ/International Core Managed Volatility Portfolio		1,076,399		11,813,006		2,711,067		(2,953,076	)		344,675			(718,845	)		11,196,827		—		—
EQ/International Equity Index Portfolio		175,902		2,004,158		—		(250,000	)		27,930			(228,466	)		1,553,622		—		—
EQ/International Value Managed Volatility Portfolio		1,095,145		17,065,773		711,068		(2,803,076	)		(53,451	)		(2,120,261	)		12,800,053		—		—
EQ/Janus Enterprise Portfolio(ab)		526,398		—		—		—			—			2,497,844			11,403,023		—		—
EQ/JPMorgan Value Opportunities Portfolio		793,115		14,386,230		2,561,068		(2,775,576	)		109,046			(1,315,618	)		12,965,150		—		—
EQ/Large Cap Core Managed Volatility Portfolio		2,423,168		34,358,896		580,431		(7,250,958	)		2,069,171			(1,018,666	)		28,738,874		—		—
EQ/Large Cap Growth Index Portfolio		109,025		1,819,609		—		—			—			431,224			2,250,833		—		—
EQ/Large Cap Growth Managed Volatility Portfolio		442,555		25,272,510		422,130		(10,036,151	)		5,522,887			(2,018,887	)		19,162,489		—		—
EQ/Large Cap Value Managed Volatility Portfolio		1,186,875		21,385,513		1,909,364		(1,842,882	)		(19,790	)		(1,413,625	)		20,018,580		—		—
EQ/Loomis Sayles Growth Portfolio		866,132		8,344,102		2,808,299		(3,789,807	)		649,146			1,587,302			9,599,042		—		—
EQ/MFS International Growth Portfolio		2,508,205		23,970,599		4,854,898		(9,134,420	)		2,023,208			(328,921	)		21,385,364		—		—

See Notes to Portfolio of Investments.

6

EQ PREMIER VIP TRUST

EQ/CONSERVATIVE-PLUS ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

Security Description	Shares at September 30, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss)  ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value September 30, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
EQ/Morgan Stanley Small Cap Growth Portfolio		603,100		7,342,217		105,534		(1,276,538	)		122,023			2,508,026			8,801,262		—		—
EQ/T. Rowe Price Growth Stock Portfolio*		81,351		5,568,159		1,835,533		(3,351,538	)		859,571			693,570			5,605,295		—		—
Multimanager Mid Cap Growth Portfolio*(ab)		—		6,227,810		4,305,487		(154,033	)		(448	)		(1,473,637	)		—		—		275,891
Multimanager Mid Cap Value Portfolio(aa)		—		4,313,225		675,729		(154,033	)		930			(2,121,865	)		—		29,324		16,809
Fixed Income
1290 VT DoubleLine Opportunistic Bond Portfolio		4,473,862		40,395,828		6,035,067		(1,053,076	)		(381	)		1,286,993			46,664,431		—		—
1290 VT High Yield Bond Portfolio		1,135,902		10,835,541		1,089,066		(1,053,076	)		(3,264	)		188,803			11,057,070		—		—
EQ/Core Bond Index Portfolio		17,463,942		191,077,468		23,413,187		(38,445,361	)		1,764,400			8,710,093			186,519,787		—		—
EQ/Global Bond PLUS Portfolio		1,742,817		19,103,136		369,365		(3,242,882	)		3,834			1,031,179			17,264,632		—		—
EQ/Intermediate Government Bond Portfolio		22,085,889		254,897,723		29,795,116		(55,902,353	)		1,271,012			10,157,040			240,218,538		—		—
EQ/PIMCO Ultra Short Bond Portfolio		10,565,967		105,877,458		12,279,594		(13,965,681	)		74,087			782,801			105,048,259		—		—
EQ/Quality Bond PLUS Portfolio		3,832,397		39,680,109		2,916,597		(9,579,613	)		256,196			1,987,581			35,260,870		—		—
Multimanager Core Bond Portfolio		5,990,359		51,959,474		11,732,546		(3,869,420	)		35,450			2,308,055			62,166,105		927,649		—
Total				1,224,772,574		161,586,265		(244,537,563	)		22,464,078			13,619,203			1,177,904,557		956,973		292,700

(aa) As a result of a business combination, after the close of business on June 12, 2020, the Portfolio exchanged its Class K shares in Multimanager Mid Cap Value Portfolio for Class K shares of the EQ/American Century Mid Cap Value Portfolio with a value of $4,081,821 (at a cost of $2,713,986), representing 336,749 shares of Multimanager Mid Cap Value Portfolio and 211,774 shares of EQ/American Century Mid Cap Value Portfolio, as a nontaxable transfer. These amounts are not reflected in the purchases and sales listed above.

(ab) As a result of a business combination, after the close of business on June 5, 2020, the Portfolio exchanged its Class K shares in Multimanager Mid Cap Growth Portfolio for Class K shares of the EQ/Janus Enterprise Portfolio with a value of $11,174,885 (at a cost of $8,905,179), representing 1,000,803 shares of Multimanager Mid Cap Growth Portfolio and 526,398 shares of EQ/Janus Enterprise Portfolio, as a nontaxable transfer. These amounts are not reflected in the purchases and sales listed above.

See Notes to Portfolio of Investments.

7

EQ PREMIER VIP TRUST

EQ/CONSERVATIVE-PLUS ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (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, 2020:

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	$	—	$	1,177,904,557	$	—	$	1,177,904,557
Total Assets	$	—	$	1,177,904,557	$	—	$	1,177,904,557
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	—	$	1,177,904,557	$	—	$	1,177,904,557

As of September 30, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	211,226,941
Aggregate gross unrealized depreciation		(7,848,498	)
Net unrealized appreciation	$	203,378,443
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	974,526,114

See Notes to Portfolio of Investments.

8

EQ PREMIER VIP TRUST

EQ/MODERATE ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2020 (Unaudited)

	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
Equity (50.3%)
1290 VT Equity Income Portfolio‡		21,946,896	$	79,424,544
1290 VT GAMCO Small Company Value Portfolio‡		1,651,409		85,476,601
1290 VT Micro Cap Portfolio‡		3,440,074		40,412,720
1290 VT Small Cap Value Portfolio‡		5,744,113		45,638,399
ATM International Managed Volatility Portfolio‡		43,020,346		426,571,731
ATM Large Cap Managed Volatility Portfolio‡		49,006,863		790,991,547
ATM Mid Cap Managed Volatility Portfolio‡		10,493,095		76,484,965
ATM Small Cap Managed Volatility Portfolio‡		27,156,550		297,257,513
EQ/AB Small Cap Growth Portfolio‡		6,958,423		137,207,046
EQ/American Century Mid Cap Value Portfolio‡		1,233,781		24,778,484
EQ/BlackRock Basic Value Equity Portfolio‡		3,831,731		76,336,825
EQ/Franklin Small Cap Value Managed Volatility Portfolio‡		3,326,525		45,166,290
EQ/Global Equity Managed Volatility Portfolio‡		8,424,555		151,366,650
EQ/International Core Managed Volatility Portfolio‡		9,921,647		103,206,090
EQ/International Equity Index Portfolio‡		1,117,671		9,871,626
EQ/International Value Managed Volatility Portfolio‡		10,808,842		126,333,741
EQ/Janus Enterprise Portfolio‡		1,135,016		24,587,130
EQ/JPMorgan Value Opportunities Portfolio‡		4,990,160		81,574,807
EQ/Large Cap Core Managed Volatility Portfolio‡		16,786,622		199,090,012
EQ/Large Cap Growth Index Portfolio‡		480,182		9,913,438
EQ/Large Cap Growth Managed Volatility Portfolio‡		2,626,453		113,724,480
EQ/Large Cap Value Managed Volatility Portfolio‡		8,347,030		140,786,232
EQ/Loomis Sayles Growth Portfolio‡		6,294,098		69,755,295
EQ/MFS International Growth Portfolio‡		23,133,795		197,242,510
EQ/Morgan Stanley Small Cap Growth Portfolio‡		5,549,782		80,990,061
EQ/T. Rowe Price Growth Stock Portfolio*‡		568,223		39,151,886
Total Equity				3,473,340,623
Fixed Income (49.6%)
1290 VT DoubleLine Opportunistic Bond Portfolio‡		20,744,077		216,370,227
1290 VT High Yield Bond Portfolio‡		5,858,775		57,030,354
EQ/Core Bond Index Portfolio‡		85,298,131		911,007,925
EQ/Global Bond PLUS Portfolio‡		8,683,322		86,018,415
EQ/Intermediate Government Bond Portfolio‡		108,224,970		1,177,115,608
EQ/PIMCO Ultra Short Bond Portfolio‡		51,365,960		510,687,257
EQ/Quality Bond PLUS Portfolio‡		18,692,759		171,987,131
Multimanager Core Bond Portfolio‡		28,964,145		300,580,988
Total Fixed Income				3,430,797,905
Total Investments in Securities (99.9%) (Cost $5,573,993,708)				6,904,138,528
Other Assets Less Liabilities (0.1%)				5,925,717
Net Assets (100%)			$	6,910,064,245

* Non-income producing.

‡ 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.

9

EQ PREMIER VIP TRUST

EQ/MODERATE ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

Investments in companies which were affiliates for nine months ended September 30, 2020, were as follows:

Security Description	Shares at September 30, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss)  ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value September 30, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
INVESTMENT COMPANIES:
Equity
1290 VT Equity Income Portfolio		21,946,896		85,090,442		13,410,719		(5,161,656	)		(1,830	)		(13,913,131	)		79,424,544		—		—
1290 VT GAMCO Small Company Value Portfolio		1,651,409		70,697,325		35,080,718		(17,134,156	)		1,031,947			(4,199,233	)		85,476,601		—		—
1290 VT Micro Cap Portfolio		3,440,074		27,921,930		8,605,359		(2,580,828	)		99,534			6,366,725			40,412,720		—		—
1290 VT Small Cap Value Portfolio		5,744,113		51,748,903		12,203,037		(6,688,742	)		65,864			(11,690,663	)		45,638,399		—		—
ATM International Managed Volatility Portfolio		43,020,346		492,430,006		79,172,343		(116,136,176	)		868,030			(29,762,472	)		426,571,731		—		—
ATM Large Cap Managed Volatility Portfolio		49,006,863		869,193,388		14,131,291		(132,755,282	)		21,320,144			19,102,006			790,991,547		—		—
ATM Mid Cap Managed Volatility Portfolio		10,493,095		81,116,353		8,518,755		(7,517,838	)		14,380			(5,646,685	)		76,484,965		—		—
ATM Small Cap Managed Volatility Portfolio		27,156,550		318,337,079		53,917,870		(53,261,623	)		227,355			(21,963,168	)		297,257,513		—		—
EQ/AB Small Cap Growth Portfolio		6,958,423		146,371,399		17,024,115		(41,108,725	)		8,576,952			6,343,305			137,207,046		—		—
EQ/American Century Mid Cap Value Portfolio(aa)		1,233,781		—		—		—			—			7,320,459			24,778,484		—		—
EQ/BlackRock Basic Value Equity Portfolio		3,831,731		107,790,840		16,076		(16,354,983	)		6,327,215			(21,442,323	)		76,336,825		—		—
EQ/Franklin Small Cap Value Managed Volatility Portfolio		3,326,525		43,485,915		15,925,359		(11,480,828	)		126,166			(2,890,322	)		45,166,290		—		—
EQ/Global Equity Managed Volatility Portfolio		8,424,555		179,494,368		15,024,114		(45,178,725	)		4,425,662			(2,398,769	)		151,366,650		—		—
EQ/International Core Managed Volatility Portfolio		9,921,647		118,730,174		10,016,076		(18,742,483	)		1,451,194			(8,248,871	)		103,206,090		—		—
EQ/International Equity Index Portfolio		1,117,671		14,697,342		2,680		(3,290,414	)		(72,757	)		(1,465,225	)		9,871,626		—		—
EQ/International Value Managed Volatility
Portfolio		10,808,842		120,371,702		23,010,718		(5,161,656	)		2,362			(11,889,385	)		126,333,741		—		—
EQ/Janus Enterprise Portfolio(ab)		1,135,016		—		—		—			—			6,668,628			24,587,130		—		—
EQ/JPMorgan Value Opportunities Portfolio		4,990,160		86,415,017		13,413,398		(10,677,070	)		318,917			(7,895,455	)		81,574,807		—		—
EQ/Large Cap Core Managed Volatility Portfolio		16,786,622		220,372,430		6,032,153		(36,884,967	)		7,172,958			2,397,438			199,090,012		—		—
EQ/Large Cap Growth Index Portfolio		480,182		8,014,179		—		—			—			1,899,259			9,913,438		—		—
EQ/Large Cap Growth Managed Volatility Portfolio		2,626,453		159,857,154		6,024,115		(74,901,225	)		41,077,223			(18,332,787	)		113,724,480		—		—
EQ/Large Cap Value Managed Volatility Portfolio		8,347,030		147,978,783		13,021,435		(10,323,311	)		(70,163	)		(9,820,512	)		140,786,232		—		—
EQ/Loomis Sayles Growth Portfolio		6,294,098		58,342,551		12,410,717		(14,761,656	)		1,844,545			11,919,138			69,755,295		—		—

See Notes to Portfolio of Investments.

10

EQ PREMIER VIP TRUST

EQ/MODERATE ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

Security Description	Shares at September 30, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value September 30, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
EQ/MFS International Growth Portfolio		23,133,795		217,666,175		24,032,152		(56,124,967	)		12,349,922			(680,772	)		197,242,510		—		—
EQ/Morgan Stanley Small Cap Growth Portfolio		5,549,782		55,833,909		6,008,039		(6,371,242	)		500,301			25,019,054			80,990,061		—		—
EQ/T. Rowe Price Growth Stock Portfolio*		568,223		33,272,585		10,005,359		(13,680,828	)		2,625,604			6,929,166			39,151,886		—		—
Multimanager Mid Cap Growth Portfolio*(ab)		—		18,373,215		5,094,875		(757,528	)		1,633			(4,793,693	)		—		—		594,875
Multimanager Mid Cap Value Portfolio(aa)		—		28,671,041		1,568,769		(757,531	)		15,973			(12,040,227	)		—		170,841		97,928
Fixed Income
1290 VT DoubleLine Opportunistic Bond Portfolio		20,744,077		171,532,532		42,910,039		(3,871,242	)		(785	)		5,799,683			216,370,227		—		—
1290 VT High Yield Bond Portfolio		5,858,775		55,323,215		4,892,038		(3,871,242	)		(15,980	)		702,323			57,030,354		—		—
EQ/Core Bond Index Portfolio		85,298,131		925,118,717		132,792,764		(197,924,835	)		4,449,560			46,571,719			911,007,925		—		—
EQ/Global Bond PLUS Portfolio		8,683,322		94,887,511		3,016,075		(16,867,483	)		(236,832	)		5,219,144			86,018,415		—		—
EQ/Intermediate Government Bond Portfolio		108,224,970		1,250,545,554		152,646,351		(281,993,113	)		7,144,507			48,772,309			1,177,115,608		—		—
EQ/PIMCO Ultra Short Bond Portfolio		51,365,960		518,259,186		58,960,381		(70,312,417	)		470,130			3,309,977			510,687,257		—		—
EQ/Quality Bond PLUS Portfolio		18,692,759		209,985,486		11,516,076		(61,017,483	)		2,284,652			9,218,400			171,987,131		—		—
Multimanager Core Bond Portfolio		28,964,145		265,398,560		42,990,202		(19,323,311	)		101,951			11,413,586			300,580,988		4,648,767		—
Total				7,253,324,966		853,394,168		(1,362,975,566	)		124,496,334			35,898,626			6,904,138,528		4,819,608		692,803

(aa) As a result of a business combination, after the close of business on June 12, 2020, the Portfolio exchanged its Class K shares in Multimanager Mid Cap Value Portfolio for Class K shares of the EQ/American Century Mid Cap Value Portfolio with a value of $23,780,404 (at a cost of $17,458,025), representing 1,961,876 shares of Multimanager Mid Cap Value Portfolio and 1,233,781 shares of EQ/American Century Mid Cap Value Portfolio, as a nontaxable transfer. These amounts are not reflected in the purchases and sales listed above.

(ab) As a result of a business combination, after the close of business on June 5, 2020, the Portfolio exchanged its Class K shares in Multimanager Mid Cap Growth Portfolio for Class K shares of the EQ/Janus Enterprise Portfolio with a value of $24,095,220 (at a cost of $17,918,502), representing 2,157,924 shares of Multimanager Mid Cap Growth Portfolio and 1,135,016 shares of EQ/Janus Enterprise Portfolio, as a nontaxable transfer. These amounts are not reflected in the purchases and sales listed above.

See Notes to Portfolio of Investments.

11

EQ PREMIER VIP TRUST

EQ/MODERATE ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (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, 2020:

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	$	—	$	6,904,138,528	$	—	$	6,904,138,528
Total Assets	$	—	$	6,904,138,528	$	—	$	6,904,138,528
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	—	$	6,904,138,528	$	—	$	6,904,138,528

As of September 30, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	1,364,522,252
Aggregate gross unrealized depreciation		(58,900,809	)
Net unrealized appreciation	$	1,305,621,443
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	5,598,517,085

See Notes to Portfolio of Investments.

12

EQ PREMIER VIP TRUST

EQ/MODERATE-PLUS ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2020 (Unaudited)

	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
Equity (70.7%)
1290 VT Equity Income Portfolio‡		34,070,012	$	123,297,397
1290 VT GAMCO Small Company Value Portfolio‡		3,365,105		174,177,211
1290 VT Micro Cap Portfolio‡		6,159,866		72,363,822
1290 VT Small Cap Value Portfolio‡		9,692,340		77,008,041
ATM International Managed Volatility Portfolio‡		68,346,051		677,690,809
ATM Large Cap Managed Volatility Portfolio‡		80,321,837		1,296,428,500
ATM Mid Cap Managed Volatility Portfolio‡		11,496,513		83,798,958
ATM Small Cap Managed Volatility Portfolio‡		52,320,295		572,701,632
EQ/AB Small Cap Growth Portfolio‡		15,814,827		311,838,726
EQ/American Century Mid Cap Value Portfolio‡		1,412,709		28,371,958
EQ/BlackRock Basic Value Equity Portfolio‡		6,559,298		130,676,169
EQ/Franklin Small Cap Value Managed Volatility Portfolio‡		6,646,205		90,239,634
EQ/Global Equity Managed Volatility Portfolio‡		14,526,219		260,997,176
EQ/International Core Managed Volatility Portfolio‡		15,556,661		161,822,149
EQ/International Equity Index Portfolio‡		1,420,340		12,544,901
EQ/International Value Managed Volatility Portfolio‡		14,367,082		167,922,443
EQ/Janus Enterprise Portfolio‡		1,749,541		37,899,197
EQ/JPMorgan Value Opportunities Portfolio‡		8,094,654		132,324,383
EQ/Large Cap Core Managed Volatility Portfolio‡		28,079,447		333,023,376
EQ/Large Cap Growth Index Portfolio‡		847,523		17,497,269
EQ/Large Cap Growth Managed Volatility Portfolio‡		4,217,521		182,617,153
EQ/Large Cap Value Managed Volatility Portfolio‡		13,574,399		228,954,310
EQ/Loomis Sayles Growth Portfolio‡		9,956,730		110,346,964
EQ/MFS International Growth Portfolio‡		37,375,175		318,666,840
EQ/Morgan Stanley Small Cap Growth Portfolio‡		11,227,436		163,846,210
EQ/T. Rowe Price Growth Stock Portfolio*‡		898,275		61,893,243
Total Equity				5,828,948,471
Fixed Income (29.3%)
1290 VT DoubleLine Opportunistic Bond Portfolio‡		14,661,377		152,924,878
1290 VT High Yield Bond Portfolio‡		3,782,761		36,822,068
EQ/Core Bond Index Portfolio‡		62,281,787		665,186,926
EQ/Global Bond PLUS Portfolio‡		1,266,896		12,550,085
EQ/Intermediate Government Bond Portfolio‡		78,409,469		852,825,458
EQ/PIMCO Ultra Short Bond Portfolio‡		36,035,563		358,270,395
EQ/Quality Bond PLUS Portfolio‡		12,924,435		118,914,305
Multimanager Core Bond Portfolio‡		20,406,798		211,775,470
Total Fixed Income				2,409,269,585
Total Investments in Securities (100.0%) (Cost $6,156,324,558)				8,238,218,056
Other Assets Less Liabilities (0.0%)				3,580,193
Net Assets (100%)			$	8,241,798,249

* Non-income producing.

‡ 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.

13

EQ PREMIER VIP TRUST

EQ/MODERATE-PLUS ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

Investments in companies which were affiliates for nine months ended September 30, 2020, were as follows:    

Security Description	Shares at September 30, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value September  30, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
INVESTMENT COMPANIES:
Equity
1290 VT Equity Income Portfolio		34,070,012		143,950,406		14,008,281		(10,079,847	)		(10,521	)		(24,570,922	)		123,297,397		—		—
1290 VT GAMCO Small Company Value Portfolio		3,365,105		160,009,532		47,809,661		(22,059,821	)		1,739,506			(13,321,667	)		174,177,211		—		—
1290 VT Micro Cap Portfolio		6,159,866		60,613,797		6,804,139		(5,039,923	)		209,783			9,776,026			72,363,822		—		—
1290 VT Small Cap Value Portfolio		9,692,340		92,385,236		13,225,520		(7,439,898	)		(12,064	)		(21,150,753	)		77,008,041		—		—
ATM International Managed Volatility Portfolio		68,346,051		774,095,233		32,048,304		(70,474,105	)		119,044			(58,097,667	)		677,690,809		—		—
ATM Large Cap Managed Volatility Portfolio		80,321,837		1,468,101,005		92,466		(229,458,287	)		40,628,455			17,064,861			1,296,428,500		—		—
ATM Mid Cap Managed Volatility Portfolio		11,496,513		79,366,242		18,259,662		(9,834,117	)		(18,336	)		(3,974,493	)		83,798,958		—		—
ATM Small Cap Managed Volatility Portfolio		52,320,295		585,303,741		82,880,363		(52,859,438	)		74,362			(42,697,396	)		572,701,632		—		—
EQ/AB Small Cap Growth Portfolio		15,814,827		293,023,927		49,022,081		(68,359,591	)		10,250,955			27,901,354			311,838,726		—		—
EQ/American Century Mid Cap Value Portfolio(aa)		1,412,709		—		—		(2,000,000	)		(3,089	)		8,428,612			28,371,958		—		—
EQ/BlackRock Basic Value Equity Portfolio		6,559,298		181,399,133		12,422		(24,409,770	)		8,622,536			(34,948,152	)		130,676,169		—		—
EQ/Franklin Small Cap Value Managed Volatility Portfolio		6,646,205		89,603,564		17,684,140		(8,239,923	)		19,865			(8,828,012	)		90,239,634		—		—
EQ/Global Equity Managed Volatility Portfolio		14,526,219		297,279,602		21,216,559		(60,134,693	)		5,648,298			(3,012,590	)		260,997,176		—		—
EQ/International Core Managed Volatility Portfolio		15,556,661		194,936,130		8,011,041		(28,439,796	)		2,869,688			(15,554,914	)		161,822,149		—		—
EQ/International Equity Index Portfolio		1,420,340		37,261,850		2,760		(21,922,449	)		9,420,211			(12,217,471	)		12,544,901		—		—
EQ/International Value Managed Volatility Portfolio		14,367,082		154,992,987		40,806,900		(14,399,872	)		(109,369	)		(13,368,203	)		167,922,443		—		—
EQ/Janus Enterprise Portfolio(ab)		1,749,541		—		—		—			—			12,221,879			37,899,197		—		—
EQ/JPMorgan Value Opportunities Portfolio		8,094,654		139,503,182		16,008,280		(10,079,847	)		67,553			(13,174,785	)		132,324,383		—		—
EQ/Large Cap Core Managed Volatility Portfolio		28,079,447		367,706,429		23,461		(50,199,565	)		11,080,812			4,412,239			333,023,376		—		—
EQ/Large Cap Growth Index Portfolio		847,523		15,749,169		—		(2,000,000	)		721,292			3,026,808			17,497,269		—		—
EQ/Large Cap Growth Managed Volatility Portfolio		4,217,521		262,887,758		17,941		(115,259,668	)		68,561,394			(33,590,272	)		182,617,153		—		—
EQ/Large Cap Value Managed Volatility Portfolio		13,574,399		256,629,149		10,015,182		(18,479,719	)		(477,090	)		(18,733,212	)		228,954,310		—		—

See Notes to Portfolio of Investments.

14

EQ PREMIER VIP TRUST

EQ/MODERATE-PLUS ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

Security Description	Shares at September 30, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value September  30, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
EQ/Loomis Sayles Growth Portfolio		9,956,730		105,672,841		6,901		(14,399,872	)		4,071,428			14,995,666			110,346,964		—		—
EQ/MFS International Growth Portfolio		37,375,175		348,348,593		18,024,841		(61,227,040	)		15,155,905			(1,635,459	)		318,666,840		—		—
EQ/Morgan Stanley Small Cap Growth Portfolio		11,227,436		125,239,143		4,008,281		(13,579,847	)		1,790,965			46,387,668			163,846,210		—		—
EQ/T. Rowe Price Growth Stock Portfolio*		898,275		59,511,049		4,139		(10,039,923	)		3,936,751			8,481,227			61,893,243		—		—
Multimanager Mid Cap Growth Portfolio*(ab)		—		24,589,219		9,916,956		(962,852	)		2,324			(7,868,329	)		—		—		916,954
Multimanager Mid Cap Value Portfolio(aa)		—		21,577,495		12,008,838		(962,852	)		3,919			(10,680,965	)		—		209,024		119,815
Fixed Income
1290 VT DoubleLine Opportunistic Bond Portfolio		14,661,377		123,778,078		28,346,760		(3,359,949	)		(218	)		4,160,207			152,924,878		—		—
1290 VT High Yield Bond Portfolio		3,782,761		35,890,440		3,850,761		(3,359,949	)		(18,200	)		459,016			36,822,068		—		—
EQ/Core Bond Index Portfolio		62,281,787		674,269,964		145,180,783		(191,029,208	)		10,495,509			26,269,878			665,186,926		—		—
EQ/Global Bond PLUS Portfolio		1,266,896		11,821,251		—		—			—			728,834			12,550,085		—		—
EQ/Intermediate Government Bond Portfolio		78,409,469		899,936,374		145,658,384		(232,888,696	)		5,713,188			34,406,208			852,825,458		—		—
EQ/PIMCO Ultra Short Bond Portfolio		36,035,563		364,062,426		51,263,461		(59,429,565	)		227,483			2,146,590			358,270,395		—		—
EQ/Quality Bond PLUS Portfolio		12,924,435		151,963,544		15,009,661		(56,049,821	)		2,185,202			5,805,719			118,914,305		—		—
Multimanager Core Bond Portfolio		20,406,798		203,815,388		37,698,790		(37,359,872	)		26,313			7,594,851			211,775,470		3,299,890		—
Total				8,805,273,877		848,927,719		(1,515,819,775	)		202,993,854			(103,157,619	)		8,238,218,056		3,508,914		1,036,769

(aa) As a result of a business combination, after the close of business on June 12, 2020, the Portfolio exchanged its Class K shares in Multimanager Mid Cap Value Portfolio for Class K shares of the EQ/American Century Mid Cap Value Portfolio with a value of $29,095,321 (at a cost of $21,946,435), representing 2,400,355 shares of Multimanager Mid Cap Value Portfolio and 1,509,531 shares of EQ/American Century Mid Cap Value Portfolio, as a nontaxable transfer. These amounts are not reflected in the purchases and sales listed above.

(ab) As a result of a business combination, after the close of business on June 5, 2020, the Portfolio exchanged its Class K shares in Multimanager Mid Cap Growth Portfolio for Class K shares of the EQ/Janus Enterprise Portfolio with a value of $37,140,956 (at a cost of $25,677,318), representing 3,326,277 shares of Multimanager Mid Cap Growth Portfolio and 1,749,541 shares of EQ/Janus Enterprise Portfolio, as a nontaxable transfer. These amounts are not reflected in the purchases and sales listed above.

See Notes to Portfolio of Investments.

15

EQ PREMIER VIP TRUST

EQ/MODERATE-PLUS ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (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, 2020:

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	$	—	$	8,238,218,056	$	—	$	8,238,218,056
Total Assets	$	—	$	8,238,218,056	$	—	$	8,238,218,056
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	—	$	8,238,218,056	$	—	$	8,238,218,056

As of September 30, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	2,068,812,771
Aggregate gross unrealized depreciation		(55,342,089	)
Net unrealized appreciation	$	2,013,470,682
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	6,224,747,374

See Notes to Portfolio of Investments.

16

EQ PREMIER VIP TRUST

EQ/AGGRESSIVE ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2020 (Unaudited)

	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
Equity (91.3%)
1290 VT Equity Income Portfolio‡		18,523,366	$	67,034,986
1290 VT GAMCO Small Company Value Portfolio‡		1,335,336		69,116,760
1290 VT Micro Cap Portfolio‡		2,713,627		31,878,690
1290 VT Small Cap Value Portfolio‡		3,218,471		25,571,546
ATM International Managed Volatility Portfolio‡		33,241,512		329,608,904
ATM Large Cap Managed Volatility Portfolio‡		43,214,918		697,507,103
ATM Mid Cap Managed Volatility Portfolio‡		6,223,443		45,363,146
ATM Small Cap Managed Volatility Portfolio‡		21,780,445		238,410,289
EQ/AB Small Cap Growth Portfolio‡		5,607,070		110,560,912
EQ/American Century Mid Cap Value Portfolio‡		429,926		8,634,361
EQ/BlackRock Basic Value Equity Portfolio‡		3,826,242		76,227,469
EQ/Franklin Small Cap Value Managed Volatility Portfolio‡		3,098,681		42,072,708
EQ/Global Equity Managed Volatility Portfolio‡		7,378,858		132,578,270
EQ/International Core Managed Volatility Portfolio‡		7,091,045		73,761,849
EQ/International Equity Index Portfolio‡		1,337,159		11,810,215
EQ/International Value Managed Volatility Portfolio‡		7,574,876		88,535,144
EQ/Janus Enterprise Portfolio‡		632,911		13,710,337
EQ/JPMorgan Value Opportunities Portfolio‡		3,214,495		52,547,774
EQ/Large Cap Core Managed Volatility Portfolio‡		14,868,261		176,338,178
EQ/Large Cap Growth Index Portfolio‡		355,637		7,342,196
EQ/Large Cap Growth Managed Volatility Portfolio‡		2,881,488		124,767,382
EQ/Large Cap Value Managed Volatility Portfolio‡		7,715,839		130,140,166
EQ/Loomis Sayles Growth Portfolio‡		6,617,366		73,337,958
EQ/MFS International Growth Portfolio‡		19,276,955		164,358,464
EQ/Morgan Stanley Small Cap Growth Portfolio‡		5,239,834		76,466,876
EQ/T. Rowe Price Growth Stock Portfolio*‡		316,291		21,793,181
Total Equity				2,889,474,864
Fixed Income (8.7%)
1290 VT DoubleLine Opportunistic Bond Portfolio‡		2,196,426		22,909,729
1290 VT High Yield Bond Portfolio‡		460,490		4,482,494
EQ/Core Bond Index Portfolio‡		7,060,243		75,405,370
EQ/Intermediate Government Bond Portfolio‡		8,977,244		97,641,552
EQ/PIMCO Ultra Short Bond Portfolio‡		3,562,199		35,415,858
EQ/Quality Bond PLUS Portfolio‡		1,495,204		13,756,978
Multimanager Core Bond Portfolio‡		2,319,168		24,067,615
Total Fixed Income				273,679,596
Total Investments in Securities (100.0%) (Cost $2,220,031,348)				3,163,154,460
Other Assets Less Liabilities (0.0%)				999,673
Net Assets (100%)			$	3,164,154,133

* Non-income producing.

‡ 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.

17

EQ PREMIER VIP TRUST

EQ/AGGRESSIVE ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

Investments in companies which were affiliates for nine months ended September 30, 2020, were as follows:

Security Description	Shares at September 30, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value September 30, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
INVESTMENT COMPANIES:
Equity
1290 VT Equity Income Portfolio		18,523,366		76,886,798		8,092,462		(4,746,794	)		(15,151	)		(13,182,329	)		67,034,986		—		—
1290 VT GAMCO Small Company Value Portfolio		1,335,336		81,303,421		3,915,577		(5,933,493	)		334,159			(10,502,904	)		69,116,760		—		—
1290 VT Micro Cap Portfolio		2,713,627		27,794,119		2,234,674		(1,780,048	)		71,983			3,557,962			31,878,690		—		—
1290 VT Small Cap Value Portfolio		3,218,471		31,468,629		3,932,789		(2,966,746	)		(53,972	)		(6,809,154	)		25,571,546		—		—
ATM International Managed Volatility Portfolio		33,241,512		377,564,282		5,462,308		(23,733,971	)		56,049			(29,739,764	)		329,608,904		—		—
ATM Large Cap Managed Volatility Portfolio		43,214,918		762,143,092		1,063,310		(96,588,133	)		11,250,997			19,637,837			697,507,103		—		—
ATM Mid Cap Managed Volatility Portfolio		6,223,443		43,708,028		8,060,005		(3,525,262	)		(18,816	)		(2,860,809	)		45,363,146		—		—
ATM Small Cap Managed Volatility Portfolio		21,780,445		269,057,214		7,592,386		(14,240,383	)		(3,586	)		(23,995,342	)		238,410,289		—		—
EQ/AB Small Cap Growth Portfolio		5,607,070		107,732,682		3,996,481		(10,086,938	)		368,442			8,550,245			110,560,912		—		—
EQ/American Century Mid Cap Value Portfolio(aa)		429,926		—		—		—			—			3,366,005			8,634,361		—		—
EQ/BlackRock Basic Value Equity Portfolio		3,826,242		103,070,056		138,693		(11,870,191	)		381,955			(15,493,044	)		76,227,469		—		—
EQ/Franklin Small Cap Value Managed Volatility Portfolio		3,098,681		41,828,346		7,446,230		(2,373,397	)		(1,683	)		(4,826,788	)		42,072,708		—		—
EQ/Global Equity Managed Volatility Portfolio		7,378,858		142,383,415		934,922		(10,493,588	)		(36,763	)		(209,716	)		132,578,270		—		—
EQ/International Core Managed Volatility Portfolio		7,091,045		80,296,541		5,377,135		(6,526,842	)		61,833			(5,446,818	)		73,761,849		—		—
EQ/International Equity Index Portfolio		1,337,159		30,975,533		57,789		(16,866,746	)		6,914,250			(9,270,611	)		11,810,215		—		—
EQ/International Value Managed Volatility Portfolio		7,574,876		82,915,324		20,657,788		(2,966,746	)		(2,175	)		(12,069,047	)		88,535,144		—		—
EQ/Janus Enterprise Portfolio(ab)		632,911		—		—		—			—			4,071,328			13,710,337		—		—
EQ/JPMorgan Value Opportunities Portfolio		3,214,495		53,356,283		8,080,904		(4,153,445	)		18,463			(4,754,431	)		52,547,774		—		—
EQ/Large Cap Core Managed Volatility Portfolio		14,868,261		187,489,263		254,270		(20,053,684	)		2,824,153			5,824,176			176,338,178		—		—
EQ/Large Cap Growth Index Portfolio		355,637		5,935,546		–		–			–			1,406,650			7,342,196		—		—
EQ/Large Cap Growth Managed Volatility Portfolio		2,881,488		136,381,586		184,923		(35,043,588	)		18,063,565			5,180,896			124,767,382		—		—
EQ/Large Cap Value Managed Volatility Portfolio		7,715,839		144,715,389		8,184,923		(12,243,588	)		89,071			(10,605,629	)		130,140,166		—		—
EQ/Loomis Sayles Growth Portfolio		6,617,366		66,229,227		104,019		(5,340,143	)		971,804			11,373,051			73,337,958		—		—
EQ/MFS International Growth Portfolio		19,276,955		179,270,477		1,300,500		(21,427,081	)		4,698,167			516,401			164,358,464		—		—

See Notes to Portfolio of Investments.

18

EQ PREMIER VIP TRUST

EQ/AGGRESSIVE ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

Security Description	Shares at September 30, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value September 30, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
EQ/Morgan Stanley Small Cap Growth Portfolio		5,239,834		58,955,816		80,904		(4,153,445	)		550,412			21,033,189			76,466,876		—		—
EQ/T. Rowe Price Growth Stock Portfolio*		316,291		19,397,945		34,673		(1,780,048	)		600,620			3,539,991			21,793,181		—		—
Multimanager Mid Cap Growth Portfolio*(ab)		—		10,304,052		2,342,165		(314,091	)		167			(2,693,284	)		—		—		331,716
Multimanager Mid Cap Value Portfolio(aa)		—		7,689,679		2,104,105		(314,091	)		(1,777	)		(4,209,560	)		—		59,532		34,124
Fixed Income
1290 VT DoubleLine Opportunistic Bond Portfolio		2,196,426		24,411,961		11,557		(2,093,349	)		(38,036	)		617,596			22,909,729		—		—
1290 VT High Yield Bond Portfolio		460,490		4,268,680		150,000		—			—			63,814			4,482,494		—		—
EQ/Core Bond Index Portfolio		7,060,243		74,803,848		17,352,135		(21,026,842	)		610,553			3,665,676			75,405,370		—		—
EQ/Intermediate Government Bond Portfolio		8,977,244		104,043,569		12,398,365		(23,440,239	)		650,519			3,989,338			97,641,552		—		—
EQ/PIMCO Ultra Short Bond Portfolio		3,562,199		35,553,189		4,057,788		(4,466,746	)		17,206			254,421			35,415,858		—		—
EQ/Quality Bond PLUS Portfolio		1,495,204		11,466,968		5,661,559		(4,193,349	)		79,192			742,608			13,756,978		—		—
Multimanager Core Bond Portfolio		2,319,168		21,731,832		6,324,825		(4,786,698	)		2,462			795,194			24,067,615		351,710		—
Total				3,405,132,790		147,590,164		(379,529,705	)		48,444,063			(58,482,852	)		3,163,154,460		411,242		365,840

(aa) As a result of a business combination, after the close of business on June 12, 2020, the Portfolio exchanged its Class K shares in Multimanager Mid Cap Value Portfolio for Class K shares of the EQ/American Century Mid Cap Value Portfolio with a value of $8,286,568 (at a cost of $5,268,356), representing 683,639 shares of Multimanager Mid Cap Value Portfolio and 429,926 shares of EQ/American Century Mid Cap Value Portfolio, as a nontaxable transfer. These amounts are not reflected in the purchases and sales listed above.

(ab) As a result of a business combination, after the close of business on June 5, 2020, the Portfolio exchanged its Class K shares in Multimanager Mid Cap Growth Portfolio for Class K shares of the EQ/Janus Enterprise Portfolio with a value of $13,436,038 (at a cost of $9,639,009), representing 1,203,307 shares of Multimanager Mid Cap Growth Portfolio and 632,911 shares of EQ/Janus Enterprise Portfolio, as a nontaxable transfer. These amounts are not reflected in the purchases and sales listed above.

See Notes to Portfolio of Investments.

19

EQ PREMIER VIP TRUST

EQ/AGGRESSIVE ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (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, 2020:

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	$	—	$	3,163,154,460	$	—	$	3,163,154,460
Total Assets	$	—	$	3,163,154,460	$	—	$	3,163,154,460
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	—	$	3,163,154,460	$	—	$	3,163,154,460

As of September 30, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	961,811,943
Aggregate gross unrealized depreciation		(49,000,764	)
Net unrealized appreciation	$	912,811,179
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	2,250,343,281

See Notes to Portfolio of Investments.

20

EQ PREMIER VIP TRUST

EQ/CORE PLUS BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2020 (Unaudited)

	Principal Amount		Value (Note 1)
LONG-TERM DEBT SECURITIES:
Asset-Backed Securities (4.2%)
Ally Auto Receivables Trust,
Series 2017-4 A4 1.960%, 7/15/22	$	195,000	$	195,632
American Credit Acceptance Receivables Trust,
Series 2020-2 B 2.480%, 9/13/24§		100,000		103,525
AmeriCredit Automobile Receivables Trust,
Series 2020-1 A3 1.110%, 8/19/24		450,000		454,765
Series 2020-2 B 0.970%, 2/18/26		15,000		14,993
Carmax Auto Owner Trust,
Series 2020-1 A2 1.870%, 4/17/23		54,557		55,018
CNH Equipment Trust,
Series 2020-A A2 1.080%, 7/17/23		150,000		150,790
Series 2020-A A3 1.160%, 6/16/25		65,000		65,909
Credit Acceptance Auto Loan Trust,
Series 2020-1A A 2.010%, 2/15/29§		625,000		639,526
DT Auto Owner Trust,
Series 2020-2A A 1.140%, 1/16/24§		35,531		35,547
Series 2020-2A C 3.280%, 3/16/26§		80,000		83,278
Exeter Automobile Receivables Trust,
Series 2020-2A A 1.130%, 8/15/23§		45,093		45,223
Series 2020-2A C 3.280%, 5/15/25§		110,000		114,479
First Investors Auto Owner Trust,
Series 2019-2A A 2.210%, 9/16/24§		251,673		253,820
Flagship Credit Auto Trust,
Series 2020-2 C 3.800%, 4/15/26§		60,000		63,740
Ford Credit Auto Owner Trust,
Series 2020-A A2 1.030%, 10/15/22		193,135		193,779
Series 2020-A A3 1.040%, 8/15/24		100,000		101,222
GM Financial Consumer Automobile Receivables Trust,
Series 2019-4 A3 1.750%, 7/16/24		70,000		71,299
Series 2020-1 A3 1.840%, 9/16/24		85,000		86,876
Honda Auto Receivables Owner Trust,
Series 2019-3 A4 1.850%, 8/15/25		70,000		72,005
Series 2020-2 A2 0.740%, 11/15/22		125,000		125,336
Series 2020-2 A3 0.820%, 7/15/24		115,000		116,064
Navient Private Education Refi Loan Trust,
Series 2019-GA A 2.400%, 10/15/68§		278,749		284,664
Nissan Auto Receivables Owner Trust,
Series 2019-C A3 1.930%, 7/15/24		110,000		112,691
Onemain Financial Issuance Trust,
Series 2018-1A A 3.300%, 3/14/29§		300,000		305,230
Santander Consumer Auto Receivables Trust,
Series 2020-AA C 3.710%, 2/17/26§		50,000		53,569
Santander Drive Auto Receivables Trust,
Series 2019-2 C 2.900%, 10/15/24		514,000		528,441
Series 2020-2 B 0.960%, 11/15/24		20,000		20,036
SoFi Professional Loan Program 2020-A Trust,
Series 2020-A A2FX 2.540%, 5/15/46§		120,000		124,482
SoFi Professional Loan Program LLC,
Series 2016-A A2 2.760%, 12/26/36§		131,660		133,760
Towd Point Mortgage Trust,
Series 2019-2 A2 3.750%, 12/25/58(l)§		2,120,000		2,320,957
Toyota Auto Loan Extended Note Trust,
Series 2020-1A A 1.350%, 5/25/33§		110,000		112,805
Toyota Auto Receivables Owner Trust,
Series 2020-B A3 1.360%, 8/15/24		60,000		61,128
United Auto Credit Securitization Trust,
Series 2020-1 B 1.470%, 11/10/22§		165,000		165,097
Westlake Automobile Receivables Trust,
Series 2020-2A A2A 0.930%, 2/15/24§		205,000		205,795
Series 2020-2A C 2.010%, 7/15/25§		100,000		101,419
World Financial Network Credit Card Master Trust,
Series 2018-B A 3.460%, 7/15/25		137,000		140,641
World Omni Auto Receivables Trust,
Series 2019-C A3 1.960%, 12/16/24		35,000		35,776
Total Asset-Backed Securities				7,749,317
Collateralized Mortgage Obligation (1.2%)
FNMA,
Series 2018-C03 1M2 2.298%, 10/25/30(l)		2,237,005		2,193,986
Total Collateralized Mortgage Obligation				2,193,986
Commercial Mortgage-Backed Securities (3.8%)
BANK,
Series 2020-BN27 A5 2.144%, 4/15/63		250,000		262,483

See Notes to Portfolio of Investments.

21

EQ PREMIER VIP TRUST

EQ/CORE PLUS BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

	Principal Amount		Value (Note 1)
Credit Suisse Mortgage Capital Certificates,
Series 2019-ICE4 A 1.132%, 5/15/36(l)§	$	2,500,000	$	2,496,876
FHLMC Multifamily Structured Pass-Through Certificates,
Series K738 A2 1.545%, 1/25/27		250,000		261,557
FREMF Mortgage Trust,
Series 2015-K48 B 3.764%, 8/25/48(l)§		3,000,000		3,254,502
Morgan Stanley Capital I Trust,
Series 2020-HR8 A4 2.041%, 7/15/53		275,000		285,703
Wells Fargo Commercial Mortgage Trust,
Series 2020-C57 A4 2.118%, 8/15/53		355,000		369,332
Total Commercial Mortgage-Backed Securities				6,930,453
Corporate Bonds (55.6%)
Communication Services (2.7%)
Diversified Telecommunication Services (0.7%)
AT&T, Inc.
3.650%, 6/1/51		150,000		151,165
CCO Holdings LLC
5.375%, 5/1/25§		100,000		102,950
5.750%, 2/15/26§		100,000		104,000
5.875%, 5/1/27§		36,000		37,697
4.750%, 3/1/30§		50,000		52,812
4.500%, 5/1/32§		70,000		72,888
CenturyLink, Inc.
5.125%, 12/15/26§		110,000		112,783
4.000%, 2/15/27§		70,000		70,956
Series G 6.875%, 1/15/28		60,000		67,275
Series W 6.750%, 12/1/23		30,000		32,887
Cincinnati Bell, Inc.
7.000%, 7/15/24§		140,000		144,287
Sprint Capital Corp.
8.750%, 3/15/32		50,000		73,190
Windstream Escrow LLC
7.750%, 8/15/28§		36,000		35,370
Zayo Group Holdings, Inc.
4.000%, 3/1/27§		110,000		108,265
6.125%, 3/1/28§		50,000		51,610
				1,218,135
Entertainment (0.6%)
Activision Blizzard, Inc.
2.500%, 9/15/50		115,000		105,904
Lions Gate Capital Holdings LLC
6.375%, 2/1/24§		20,000		19,800
Live Nation Entertainment, Inc.
4.875%, 11/1/24§		78,000		75,352
6.500%, 5/15/27§		38,000		40,918
4.750%, 10/15/27§		32,000		29,920
Walt Disney Co. (The)
4.700%, 3/23/50		600,000		782,948
				1,054,842
Interactive Media & Services (0.6%)
Alphabet, Inc.
2.050%, 8/15/50		180,000		167,696
Rackspace Technology Global, Inc.
8.625%, 11/15/24§		170,000		178,024
Tencent Holdings Ltd.
3.240%, 6/3/50§		855,000		866,059
				1,211,779
Media (0.6%)
Diamond Sports Group LLC
6.625%, 8/15/27§		128,000		66,320
Discovery Communications LLC
4.650%, 5/15/50		120,000		137,289
DISH DBS Corp.
5.875%, 7/15/22		60,000		62,250
McGraw-Hill Global Education Holdings LLC
7.875%, 5/15/24§		21,000		11,287
Meredith Corp.
6.875%, 2/1/26		90,000		74,588
National CineMedia LLC
5.875%, 4/15/28§		25,000		20,875
Nexstar Broadcasting, Inc.
5.625%, 7/15/27§		64,000		67,224
Sinclair Television Group, Inc.
5.625%, 8/1/24§		50,000		49,750
5.500%, 3/1/30§		110,000		101,613
Sirius XM Radio, Inc.
4.625%, 7/15/24§		70,000		72,231
TEGNA, Inc.
5.500%, 9/15/24§		30,000		30,562
5.000%, 9/15/29§		45,000		44,249
ViacomCBS, Inc.
6.875%, 4/30/36		170,000		230,158
Ziggo Bond Co. BV
6.000%, 1/15/27§		170,000		175,525
				1,143,921
Wireless Telecommunication Services (0.2%)
Sprint Corp.
7.875%, 9/15/23		60,000		68,925
7.625%, 3/1/26		60,000		72,369
T-Mobile USA, Inc.
6.000%, 3/1/23		50,000		50,130
6.000%, 4/15/24		70,000		71,233
3.300%, 2/15/51§		125,000		123,606
				386,263
Total Communication Services				5,014,940
Consumer Discretionary (3.0%)
Auto Components (0.1%)
Icahn Enterprises LP
4.750%, 9/15/24		70,000		70,706
5.250%, 5/15/27		44,000		45,784
				116,490
Automobiles (1.2%)
BMW US Capital LLC
3.400%, 8/13/21§		335,000		343,714
Ford Motor Co.
9.000%, 4/22/25		110,000		126,116
9.625%, 4/22/30		50,000		64,563
General Motors Co.
6.800%, 10/1/27		280,000		339,794
6.250%, 10/2/43		495,000		584,146
Hyundai Capital America
3.500%, 11/2/26§		240,000		256,781
Nissan Motor Co. Ltd.
4.345%, 9/17/27§		250,000		250,033

See Notes to Portfolio of Investments.

22

EQ PREMIER VIP TRUST

EQ/CORE PLUS BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

	Principal Amount		Value (Note 1)
Volkswagen Group of America Finance LLC
4.250%, 11/13/23§	$	240,000	$	263,074
				2,228,221
Distributors (0.1%)
Performance Food Group, Inc.
5.500%, 6/1/24§		40,000		40,300
6.875%, 5/1/25§		50,000		53,250
5.500%, 10/15/27§		20,000		20,600
Univar Solutions USA, Inc.
5.125%, 12/1/27§		70,000		71,750
				185,900
Hotels, Restaurants & Leisure (0.7%)
1011778 BC ULC
5.750%, 4/15/25§		10,000		10,675
5.000%, 10/15/25§		72,000		73,710
Caesars Entertainment, Inc.
6.250%, 7/1/25§		61,000		63,637
Choice Hotels International, Inc.
3.700%, 1/15/31		30,000		31,408
Churchill Downs, Inc.
5.500%, 4/1/27§		50,000		52,000
Golden Entertainment, Inc.
7.625%, 4/15/26§		60,000		59,250
Hilton Domestic Operating Co., Inc.
5.125%, 5/1/26		18,000		18,527
5.750%, 5/1/28§		44,000		46,200
LTF Merger Sub, Inc.
8.500%, 6/15/23§		150,000		144,000
McDonald’s Corp.
4.200%, 4/1/50		265,000		322,084
Powdr Corp.
6.000%, 8/1/25§		21,000		21,473
Scientific Games International, Inc.
5.000%, 10/15/25§		435,000		436,631
Station Casinos LLC
4.500%, 2/15/28§		70,000		64,400
Wyndham Hotels & Resorts, Inc.
4.375%, 8/15/28§		49,000		47,408
				1,391,403
Household Durables (0.0%)
CD&R Smokey Buyer, Inc.
6.750%, 7/15/25§		14,000		14,735
Newell Brands, Inc.
4.700%, 4/1/26(e)		8,000		8,520
Picasso Finance Sub, Inc.
6.125%, 6/15/25§		20,000		21,497
Williams Scotsman International, Inc.
4.625%, 8/15/28§		22,000		22,061
				66,813
Internet & Direct Marketing Retail (0.3%)
eBay, Inc.
1.900%, 3/11/25		90,000		93,519
Expedia Group, Inc.
6.250%, 5/1/25§		170,000		187,355
Getty Images, Inc.
9.750%, 3/1/27§		128,000		126,400
Photo Holdings Merger Sub, Inc.
8.500%, 10/1/26§		124,000		111,910
				519,184
Leisure Products (0.1%)
Hasbro, Inc.
3.550%, 11/19/26		170,000		179,280
Specialty Retail (0.3%)
Asbury Automotive Group, Inc.
4.750%, 3/1/30§		19,000		19,047
AutoNation, Inc.
3.500%, 11/15/24		170,000		179,418
Best Buy Co., Inc.
4.450%, 10/1/28		115,000		136,343
Ken Garff Automotive LLC
4.875%, 9/15/28§		43,000		42,301
Specialty Building Products Holdings LLC
6.375%, 9/30/26§		91,000		92,422
SRS Distribution, Inc.
8.250%, 7/1/26§		45,000		48,038
				517,569
Textiles, Apparel & Luxury Goods (0.2%)
G-III Apparel Group Ltd.
7.875%, 8/15/25§		104,000		104,632
Levi Strauss & Co.
5.000%, 5/1/25		50,000		51,094
PVH Corp.
4.625%, 7/10/25§		105,000		109,535
Wolverine World Wide, Inc.
6.375%, 5/15/25§		37,000		39,218
				304,479
Total Consumer Discretionary				5,509,339
Consumer Staples (2.4%)
Beverages (0.8%)
Anheuser-Busch InBev Worldwide, Inc.
4.500%, 6/1/50		880,000		1,051,043
Coca-Cola Co. (The)
1.375%, 3/15/31		180,000		179,066
Pernod Ricard International Finance LLC
2.750%, 10/1/50§		175,000		170,987
				1,401,096
Food Products (1.1%)
B&G Foods, Inc.
5.250%, 4/1/25		50,000		51,188
5.250%, 9/15/27		40,000		41,608
BRF SA
4.875%, 1/24/30§		415,000		425,202
Bunge Ltd. Finance Corp.
3.000%, 9/25/22		170,000		176,569
Clearwater Seafoods, Inc.
6.875%, 5/1/25§		70,000		71,775
Conagra Brands, Inc.
3.800%, 10/22/21		170,000		175,785
Hershey Co. (The)
0.900%, 6/1/25		55,000		55,199
Kraft Heinz Foods Co.
6.875%, 1/26/39		70,000		93,842
4.375%, 6/1/46		76,000		77,709
Lamb Weston Holdings, Inc.
4.875%, 11/1/26§		30,000		31,238
Mondelez International Holdings Netherlands BV
2.250%, 9/19/24§		240,000		252,806
Mondelez International, Inc.
2.625%, 9/4/50		175,000		169,636
Pilgrim’s Pride Corp.
5.875%, 9/30/27§		44,000		45,320
Post Holdings, Inc.
5.750%, 3/1/27§		90,000		94,612

See Notes to Portfolio of Investments.

23

EQ PREMIER VIP TRUST

EQ/CORE PLUS BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

	Principal Amount		Value (Note 1)
4.625%, 4/15/30§	$	50,000	$	51,438
Sigma Holdco BV
7.875%, 5/15/26§		200,000		203,787
				2,017,714
Household Products (0.2%)
Central Garden & Pet Co.
6.125%, 11/15/23		60,000		61,050
Energizer Holdings, Inc.
7.750%, 1/15/27§		50,000		54,625
4.750%, 6/15/28§		58,000		59,885
Kronos Acquisition Holdings, Inc.
9.000%, 8/15/23§		150,000		151,875
Spectrum Brands, Inc.
5.500%, 7/15/30§		10,000		10,550
				337,985
Personal Products (0.1%)
Edgewell Personal Care Co.
5.500%, 6/1/28§		70,000		73,500
Prestige Brands, Inc.
6.375%, 3/1/24§		110,000		112,750
5.125%, 1/15/28§		30,000		30,975
				217,225
Tobacco (0.2%)
Altria Group, Inc.
2.350%, 5/6/25		240,000		252,720
BAT Capital Corp.
3.984%, 9/25/50		175,000		173,028
				425,748
Total Consumer Staples				4,399,768
Energy (6.8%)
Energy Equipment & Services (0.3%)
Baker Hughes a GE Co. LLC
2.773%, 12/15/22		235,000		245,436
National Oilwell Varco, Inc.
3.600%, 12/1/29		280,000		271,969
Precision Drilling Corp.
7.750%, 12/15/23		50,000		37,938
7.125%, 1/15/26§		50,000		32,265
Schlumberger Investment SA
2.650%, 6/26/30		30,000		30,268
				617,876
Oil, Gas & Consumable Fuels (6.5%)
Aker BP ASA
3.750%, 1/15/30§		170,000		164,900
American Midstream Partners LP
9.500%, 12/15/21(e)§		160,000		158,400
Apache Corp.
4.250%, 1/15/44		1,220,000		1,037,000
Ascent Resources Utica Holdings LLC
7.000%, 11/1/26§		100,000		76,500
Blue Racer Midstream LLC
6.125%, 11/15/22§		118,000		114,460
6.625%, 7/15/26§		70,000		61,971
BP Capital Markets America, Inc.
2.772%, 11/10/50		90,000		82,028
BP Capital Markets plc
3.814%, 2/10/24		350,000		383,598
Calumet Specialty Products Partners LP
11.000%, 4/15/25§		60,000		53,700
Canadian Natural Resources Ltd.
2.950%, 7/15/30		95,000		95,659
Cheniere Energy, Inc.
4.625%, 10/15/28§		110,000		112,727
Chevron Corp.
1.141%, 5/11/23		325,000		330,868
2.236%, 5/11/30		90,000		95,038
Chevron USA, Inc.
2.343%, 8/12/50		90,000		84,003
Concho Resources, Inc.
4.875%, 10/1/47		735,000		799,395
Crestwood Midstream Partners LP
6.250%, 4/1/23(e)		110,000		107,537
5.625%, 5/1/27§		70,000		62,529
CrownRock LP
5.625%, 10/15/25§		130,000		122,525
Diamondback Energy, Inc.
4.750%, 5/31/25		145,000		156,092
Endeavor Energy Resources LP
6.625%, 7/15/25§		13,000		13,357
Energy Transfer Operating LP
7.500%, 7/1/38		170,000		193,587
Enterprise Products Operating LLC
3.200%, 2/15/52		20,000		18,397
Equinor ASA
3.250%, 11/18/49		170,000		178,390
Exxon Mobil Corp.
4.114%, 3/1/46		735,000		865,102
Genesis Energy LP
5.625%, 6/15/24		40,000		34,093
7.750%, 2/1/28		110,000		95,265
Gray Oak Pipeline LLC
3.450%, 10/15/27§		10,000		10,233
Hilcorp Energy I LP
6.250%, 11/1/28§		70,000		63,175
Holly Energy Partners LP
5.000%, 2/1/28§		54,000		52,920
Kinder Morgan Energy Partners LP
4.150%, 2/1/24		225,000		247,278
NuStar Logistics LP
5.750%, 10/1/25		38,000		39,199
Occidental Petroleum Corp.
2.700%, 2/15/23		24,000		21,930
2.900%, 8/15/24		44,000		37,070
6.625%, 9/1/30		45,000		41,513
6.450%, 9/15/36		62,000		52,777
4.200%, 3/15/48		1,395,000		950,413
ONEOK, Inc.
7.150%, 1/15/51		120,000		141,213
PBF Logistics LP
6.875%, 5/15/23		110,000		103,950
Petrobras Global Finance BV
6.900%, 3/19/49		1,350,000		1,495,969
Petroleos Mexicanos
7.690%, 1/23/50§		2,175,000		1,820,475
Pioneer Natural Resources Co.
1.900%, 8/15/30		160,000		149,553
Plains All American Pipeline LP
3.800%, 9/15/30		20,000		19,378
Southern Star Central Corp.
5.125%, 7/15/22§		82,000		82,064
Southwestern Energy Co.
7.750%, 10/1/27		50,000		48,250
Summit Midstream Holdings LLC
5.500%, 8/15/22		100,000		70,000
Targa Resources Partners LP
5.875%, 4/15/26		40,000		41,068
4.875%, 2/1/31§		48,000		46,394

See Notes to Portfolio of Investments.

24

EQ PREMIER VIP TRUST

EQ/CORE PLUS BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

	Principal Amount		Value (Note 1)
Total Capital International SA
3.127%, 5/29/50	$	555,000	$	564,826
Valero Energy Corp.
2.150%, 9/15/27		110,000		109,516
Williams Cos., Inc. (The)
3.600%, 3/15/22		165,000		170,749
WPX Energy, Inc.
4.500%, 1/15/30		60,000		58,950
				11,935,984
Total Energy				12,553,860
Financials (15.4%)
Banks (9.1%)
ANZ New Zealand Int’l Ltd.
1.900%, 2/13/23§		350,000		360,456
Banco Mercantil del Norte SA
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 4.97%), 6.750%, 9/27/24(k)(m)(y)		980,000		963,462
Bank of America Corp.
(SOFR + 1.15%), 1.319%, 6/19/26(k)		240,000		241,185
(ICE LIBOR USD 3 Month + 1.32%), 4.078%, 4/23/40(k)		170,000		201,991
(ICE LIBOR USD 3 Month + 3.15%), 4.083%, 3/20/51(k)		1,065,000		1,310,886
Bank of Montreal
2.500%, 6/28/24		240,000		255,302
Bank of New Zealand
2.000%, 2/21/25§		250,000		261,746
Bank of Nova Scotia (The)
(SOFR + 0.55%), 0.650%, 9/15/23(k)		2,015,000		2,011,998
1.300%, 6/11/25		160,000		163,068
Banque Federative du Credit Mutuel SA
2.375%, 11/21/24§		240,000		253,234
Barclays plc
(ICE LIBOR USD 3 Month + 1.61%), 3.932%, 5/7/25(k)		240,000		256,792
BNP Paribas SA
(ICE LIBOR USD 3 Month + 1.11%), 2.819%, 11/19/25(k)§		240,000		252,587
(SOFR + 2.07%), 2.219%, 6/9/26(k)§		200,000		206,125
Citigroup, Inc.
(SOFR + 1.67%), 1.678%, 5/15/24(k)		675,000		691,365
Comerica Bank
2.500%, 7/23/24		250,000		265,905
Cooperatieve Rabobank UA
3.950%, 11/9/22		250,000		265,591
Credit Agricole SA
(SOFRINDX + 1.68%), 1.907%, 6/16/26(k)§		250,000		254,665
DNB Bank ASA
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 0.85%), 1.127%, 9/16/26(k)§		295,000		294,367
HSBC Bank Canada
0.950%, 5/14/23§		350,000		354,301
Itau Unibanco Holding SA
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.98%), 6.125%, 12/12/22(k)(m)(y)		940,000		905,954
JPMorgan Chase & Co.
(SOFR + 1.46%), 1.514%, 6/1/24(k)		340,000		346,810
(SOFR + 2.52%), 2.956%, 5/13/31(k)		115,000		123,334
KeyCorp
2.250%, 4/6/27		240,000		254,202
Lloyds Banking Group plc
4.050%, 8/16/23		350,000		379,011
Natwest Group plc
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 2.55%), 3.073%, 5/22/28(k)		200,000		210,302
NatWest Markets plc
2.375%, 5/21/23§		350,000		359,864
Royal Bank of Canada
1.950%, 1/17/23		350,000		361,201
1.150%, 6/10/25		320,000		324,548
Santander Holdings USA, Inc.
3.450%, 6/2/25		175,000		186,646
3.244%, 10/5/26		160,000		170,745
Santander UK plc
2.875%, 6/18/24		240,000		255,776
Societe Generale SA
2.625%, 1/22/25§		240,000		247,024
1.375%, 7/8/25§		350,000		355,515
Toronto-Dominion Bank (The)
0.750%, 9/11/25		355,000		354,000
Truist Financial Corp.
1.125%, 8/3/27		265,000		264,184
1.950%, 6/5/30		75,000		76,980
US Bancorp
1.450%, 5/12/25		410,000		422,583
Wells Fargo & Co.
(SOFR + 2.10%), 2.393%, 6/2/28(k)		130,000		135,514
(ICE LIBOR USD 3 Month + 3.77%), 4.478%, 4/4/31(k)		1,490,000		1,798,659
Westpac Banking Corp.
2.000%, 1/13/23		350,000		362,032
				16,759,910
Capital Markets (2.3%)
Ares Capital Corp.
3.625%, 1/19/22		170,000		174,901
4.250%, 3/1/25		225,000		232,305
3.875%, 1/15/26		70,000		71,287
Bank of New York Mellon Corp. (The)
1.850%, 1/27/23		350,000		361,428
Credit Suisse Group AG
(SOFR + 2.04%), 2.193%, 6/5/26(k)§		250,000		257,035
Deutsche Bank AG
(SOFR + 2.58%), 3.961%, 11/26/25(k)		240,000		255,110
(SOFR + 3.04%), 3.547%, 9/18/31(k)		150,000		151,175
FS KKR Capital Corp.
4.625%, 7/15/24		390,000		393,371
Goldman Sachs Group, Inc. (The)
3.500%, 4/1/25		225,000		247,904

See Notes to Portfolio of Investments.

25

EQ PREMIER VIP TRUST

EQ/CORE PLUS BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

	Principal Amount		Value (Note 1)
Intercontinental Exchange, Inc.
3.000%, 6/15/50	$	535,000	$	552,928
Morgan Stanley
4.875%, 11/1/22		220,000		237,667
MSCI, Inc.
4.750%, 8/1/26§		24,000		24,780
Oaktree Specialty Lending Corp.
3.500%, 2/25/25		185,000		185,220
Owl Rock Capital Corp.
4.000%, 3/30/25		825,000		831,117
4.250%, 1/15/26		135,000		136,751
S&P Global, Inc.
2.300%, 8/15/60		180,000		158,779
				4,271,758
Consumer Finance (1.1%)
AerCap Ireland Capital DAC
3.150%, 2/15/24		155,000		153,517
American Honda Finance Corp.
3.625%, 10/10/23		350,000		380,070
Capital One Financial Corp.
3.650%, 5/11/27		350,000		385,286
Caterpillar Financial Services Corp.
0.950%, 5/13/22		340,000		343,294
Curo Group Holdings Corp.
8.250%, 9/1/25§		70,000		58,450
Enova International, Inc.
8.500%, 9/1/24§		80,000		74,800
General Motors Financial Co., Inc.
5.250%, 3/1/26		170,000		191,786
Harley-Davidson Financial Services, Inc.
4.050%, 2/4/22§		235,000		242,939
OneMain Finance Corp.
8.875%, 6/1/25		37,000		40,885
5.375%, 11/15/29		50,000		51,969
Park Aerospace Holdings Ltd.
5.500%, 2/15/24§		30,000		29,877
Toyota Motor Credit Corp.
1.150%, 8/13/27		85,000		84,877
				2,037,750
Diversified Financial Services (0.9%)
AIG Global Funding
2.300%, 7/1/22§		350,000		360,982
Cardtronics, Inc.
5.500%, 5/1/25§		70,000		70,199
Element Fleet Management Corp.
3.850%, 6/15/25§		110,000		116,246
GE Capital Funding LLC
4.050%, 5/15/27§		210,000		225,690
ORIX Corp.
3.250%, 12/4/24		230,000		249,521
Refinitiv US Holdings, Inc.
6.250%, 5/15/26§		120,000		128,100
8.250%, 11/15/26§		60,000		65,550
Shell International Finance BV
2.750%, 4/6/30		180,000		196,802
Verscend Escrow Corp.
9.750%, 8/15/26§		112,000		121,776
				1,534,866
Insurance (1.9%)
Acrisure LLC
8.125%, 2/15/24§		142,000		148,035
7.000%, 11/15/25§		30,000		29,329
Aflac, Inc.
4.750%, 1/15/49		130,000		169,561
Alliant Holdings Intermediate LLC
6.750%, 10/15/27§		90,000		94,275
Assurant, Inc.
4.200%, 9/27/23		170,000		183,289
Athene Global Funding
2.800%, 5/26/23§		100,000		104,043
2.500%, 1/14/25§		140,000		144,325
Brighthouse Financial, Inc.
3.700%, 6/22/27		170,000		175,884
4.700%, 6/22/47		170,000		163,220
Five Corners Funding Trust II
2.850%, 5/15/30§		140,000		150,289
Global Atlantic Fin Co.
4.400%, 10/15/29§		150,000		155,710
Great-West Lifeco US Finance 2020 LP
0.904%, 8/12/25§		160,000		159,499
HUB International Ltd.
7.000%, 5/1/26§		119,000		122,925
Manulife Financial Corp.
2.484%, 5/19/27		90,000		96,217
Markel Corp.
3.350%, 9/17/29		135,000		147,749
Marsh & McLennan Cos., Inc.
2.250%, 11/15/30		300,000		312,296
NFP Corp.
6.875%, 8/15/28§		53,000		53,656
Prudential Financial, Inc.
4.350%, 2/25/50		120,000		144,561
Reliance Standard Life Global Funding II
3.850%, 9/19/23§		330,000		353,668
Teachers Insurance & Annuity Association of America
3.300%, 5/15/50§		390,000		401,812
Unum Group
4.500%, 12/15/49		170,000		167,277
				3,477,620
Thrifts & Mortgage Finance (0.1%)
Freedom Mortgage Corp.
8.250%, 4/15/25§		130,000		132,477
MGIC Investment Corp.
5.250%, 8/15/28		28,000		28,840
				161,317
Total Financials				28,243,221
Health Care (2.5%)
Biotechnology (0.6%)
Amgen, Inc.
3.150%, 2/21/40		580,000		616,760
3.375%, 2/21/50		150,000		161,175
Gilead Sciences, Inc.
2.800%, 10/1/50		175,000		172,868
Regeneron Pharmaceuticals, Inc.
2.800%, 9/15/50		90,000		83,675
				1,034,478
Health Care Equipment & Supplies (0.4%)
Becton Dickinson and Co.
3.794%, 5/20/50		120,000		133,520
Danaher Corp.
2.600%, 10/1/50		175,000		171,560
DH Europe Finance II SARL
2.200%, 11/15/24		240,000		253,388
Hill-Rom Holdings, Inc.
5.000%, 2/15/25§		60,000		61,800

See Notes to Portfolio of Investments.

26

EQ PREMIER VIP TRUST

EQ/CORE PLUS BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

	Principal Amount		Value (Note 1)
Varex Imaging Corp.
7.875%, 10/15/27§	$	47,000	$	48,645
				668,913
Health Care Providers & Services (0.7%)
Acadia Healthcare Co., Inc.
5.000%, 4/15/29§		43,000		43,538
AdaptHealth LLC
6.125%, 8/1/28§		34,000		35,105
AmerisourceBergen Corp.
2.800%, 5/15/30		200,000		212,686
Centene Corp.
5.375%, 6/1/26§		104,000		109,330
5.375%, 8/15/26§		60,000		63,513
3.000%, 10/15/30		250,000		254,063
CVS Health Corp.
4.300%, 3/25/28		170,000		198,258
HCA, Inc.
7.690%, 6/15/25		30,000		35,850
Polaris Intermediate Corp.
8.500%, 12/1/22 PIK§		120,000		121,725
Tenet Healthcare Corp.
4.875%, 1/1/26§		68,000		68,680
Universal Health Services, Inc.
2.650%, 10/15/30§		90,000		89,189
West Street Merger Sub, Inc.
6.375%, 9/1/25§		60,000		61,112
				1,293,049
Life Sciences Tools & Services (0.0%)
Avantor, Inc.
6.000%, 10/1/24§		40,000		41,800
Pharmaceuticals (0.8%)
Bausch Health Americas, Inc.
9.250%, 4/1/26§		120,000		132,000
Bausch Health Cos., Inc.
7.000%, 3/15/24§		170,000		175,950
5.500%, 11/1/25§		60,000		61,425
6.250%, 2/15/29§		69,000		70,854
Bayer US Finance II LLC
3.375%, 7/15/24§		170,000		186,072
Catalent Pharma Solutions, Inc.
4.875%, 1/15/26§		60,000		61,200
5.000%, 7/15/27§		40,000		41,650
Eli Lilly and Co.
2.500%, 9/15/60		85,000		80,862
Herbalife Nutrition Ltd.
7.875%, 9/1/25§		78,000		83,557
Johnson & Johnson
3.400%, 1/15/38		170,000		205,538
2.250%, 9/1/50		180,000		177,867
Royalty Pharma plc
3.550%, 9/2/50§		175,000		169,478
Upjohn, Inc.
4.000%, 6/22/50§		20,000		21,218
				1,467,671
Total Health Care				4,505,911
Industrials (7.2%)
Aerospace & Defense (2.2%)
Boeing Co. (The)
3.750%, 2/1/50		2,160,000		1,957,360
5.805%, 5/1/50		395,000		479,588
3.950%, 8/1/59		295,000		272,586
Embraer Netherlands Finance BV
6.950%, 1/17/28§		960,000		970,550
Howmet Aerospace, Inc.
6.875%, 5/1/25		90,000		99,056
Raytheon Technologies Corp.
4.500%, 6/1/42		130,000		163,021
Spirit AeroSystems, Inc.
7.500%, 4/15/25§		90,000		91,125
				4,033,286
Air Freight & Logistics (0.9%)
FedEx Corp.
5.250%, 5/15/50		440,000		588,031
United Parcel Service, Inc.
5.300%, 4/1/50		685,000		1,005,547
XPO Logistics, Inc.
6.250%, 5/1/25§		76,000		81,072
				1,674,650
Airlines (1.4%)
Delta Air Lines, Inc.
7.000%, 5/1/25§		405,000		443,571
4.750%, 10/20/28§		960,000		993,600
Southwest Airlines Co.
5.125%, 6/15/27		1,020,000		1,114,269
				2,551,440
Building Products (0.1%)
Forterra Finance LLC
6.500%, 7/15/25§		28,000		29,548
JELD-WEN, Inc.
6.250%, 5/15/25§		52,000		55,380
Standard Industries, Inc.
4.375%, 7/15/30§		31,000		31,715
Summit Materials LLC
5.250%, 1/15/29§		64,000		66,640
				183,283
Commercial Services & Supplies (0.6%)
ACCO Brands Corp.
5.250%, 12/15/24§		70,000		71,750
ADT Security Corp. (The)
4.125%, 6/15/23		50,000		52,300
4.875%, 7/15/32§		70,000		71,225
Allied Universal Holdco LLC
6.625%, 7/15/26§		108,000		114,750
9.750%, 7/15/27§		84,000		91,140
Aramark Services, Inc.
5.000%, 4/1/25§		54,000		54,778
6.375%, 5/1/25§		60,000		62,224
Brink’s Co. (The)
5.500%, 7/15/25§		23,000		23,891
Covanta Holding Corp.
5.000%, 9/1/30		25,000		25,233
Garda World Security Corp.
9.500%, 11/1/27§		90,000		95,850
GFL Environmental, Inc.
7.000%, 6/1/26§		40,000		42,037
5.125%, 12/15/26§		40,000		41,212
Matthews International Corp.
5.250%, 12/1/25§		122,000		115,290
Nielsen Co. Luxembourg SARL (The)
5.500%, 10/1/21§		61,000		61,061
Nielsen Finance LLC
5.000%, 4/15/22§		50,000		50,025
5.625%, 10/1/28§		36,000		36,945
5.875%, 10/1/30§		72,000		74,660
				1,084,371
Construction & Engineering (0.2%)
MasTec, Inc.
4.500%, 8/15/28§		57,000		57,499

See Notes to Portfolio of Investments.

27

EQ PREMIER VIP TRUST

EQ/CORE PLUS BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

	Principal Amount		Value (Note 1)
New Enterprise Stone & Lime Co., Inc.
6.250%, 3/15/26§	$	120,000	$	123,600
Pike Corp.
5.500%, 9/1/28§		29,000		29,145
PowerTeam Services LLC
9.033%, 12/4/25§		56,000		59,220
Weekley Homes LLC
4.875%, 9/15/28§		48,000		48,480
				317,944
Industrial Conglomerates (0.8%)
3M Co.
3.700%, 4/15/50		235,000		283,197
General Electric Co.
4.350%, 5/1/50		1,200,000		1,222,684
Roper Technologies, Inc.
1.400%, 9/15/27		25,000		25,207
				1,531,088
Machinery (0.1%)
Clark Equipment Co.
5.875%, 6/1/25§		17,000		17,637
Hillenbrand, Inc.
5.750%, 6/15/25		9,000		9,608
Mueller Water Products, Inc.
5.500%, 6/15/26§		30,000		30,975
Welbilt, Inc.
9.500%, 2/15/24		130,000		133,250
				191,470
Professional Services (0.1%)
Dun & Bradstreet Corp. (The)
6.875%, 8/15/26§		54,000		57,931
10.250%, 2/15/27§		138,000		155,595
				213,526
Road & Rail (0.6%)
Capitol Investment Merger Sub 2 LLC
10.000%, 8/1/24§		60,000		62,850
DAE Funding LLC
5.250%, 11/15/21§		50,000		50,469
5.000%, 8/1/24§		22,000		22,167
Kenan Advantage Group, Inc. (The)
7.875%, 7/31/23§		210,000		204,487
Penske Truck Leasing Co. LP
4.875%, 7/11/22§		230,000		247,217
Ryder System, Inc.
3.350%, 9/1/25		160,000		174,722
Union Pacific Corp.
3.950%, 8/15/59		170,000		201,128
Watco Cos. LLC
6.500%, 6/15/27§		176,000		181,280
				1,144,320
Trading Companies & Distributors (0.2%)
Air Lease Corp.
3.250%, 10/1/29		215,000		203,857
Aviation Capital Group LLC
5.500%, 12/15/24§		74,000		76,345
WESCO Distribution, Inc.
7.250%, 6/15/28§		55,000		60,133
				340,335
Total Industrials				13,265,713
Information Technology (7.4%)
Communications Equipment (0.2%)
CommScope, Inc.
5.500%, 3/1/24§		88,000		90,227
6.000%, 3/1/26§		100,000		104,000
8.250%, 3/1/27§		73,000		75,920
				270,147
Electronic Equipment, Instruments & Components (0.2%)
Flex Ltd.
3.750%, 2/1/26		90,000		98,300
4.875%, 6/15/29		170,000		194,331
Itron, Inc.
5.000%, 1/15/26§		100,000		102,000
Jabil, Inc.
3.000%, 1/15/31		30,000		30,651
				425,282
IT Services (1.1%)
Alliance Data Systems Corp.
4.750%, 12/15/24§		110,000		102,597
7.000%, 1/15/26§		72,000		71,647
Automatic Data Processing, Inc.
1.250%, 9/1/30		110,000		108,226
Black Knight InfoServ LLC
3.625%, 9/1/28§		41,000		41,333
International Business Machines Corp.
4.250%, 5/15/49		1,070,000		1,334,683
PayPal Holdings, Inc.
1.350%, 6/1/23		240,000		245,194
Presidio Holdings, Inc.
4.875%, 2/1/27§		20,000		20,200
8.250%, 2/1/28§		20,000		20,825
Science Applications International Corp.
4.875%, 4/1/28§		20,000		20,306
				1,965,011
Semiconductors & Semiconductor Equipment (1.8%)
Broadcom, Inc.
4.110%, 9/15/28		610,000		677,984
4.150%, 11/15/30		155,000		173,612
Intel Corp.
4.750%, 3/25/50		465,000		640,168
Marvell Technology Group Ltd.
4.200%, 6/22/23		165,000		178,105
Microchip Technology, Inc.
3.922%, 6/1/21		165,000		168,618
2.670%, 9/1/23§		115,000		118,939
NVIDIA Corp.
3.500%, 4/1/50		400,000		464,609
NXP BV
3.875%, 9/1/22§		200,000		210,534
3.400%, 5/1/30§		425,000		466,616
QUALCOMM, Inc.
3.250%, 5/20/50		150,000		167,011
				3,266,196
Software (2.6%)
ACI Worldwide, Inc.
5.750%, 8/15/26§		70,000		73,924
Ascend Learning LLC
6.875%, 8/1/25§		150,000		154,282
Boxer Parent Co., Inc.
7.125%, 10/2/25§		60,000		63,945
BY Crown Parent LLC
4.250%, 1/31/26§		12,000		12,187
Camelot Finance SA
4.500%, 11/1/26§		190,000		193,562
CDK Global, Inc.
5.875%, 6/15/26		40,000		41,700
Change Healthcare Holdings LLC
5.750%, 3/1/25§		200,000		202,860

See Notes to Portfolio of Investments.

28

EQ PREMIER VIP TRUST

EQ/CORE PLUS BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

	Principal Amount		Value (Note 1)
Granite Merger Sub 2, Inc.
11.000%, 7/15/27§	$	100,000	$	105,375
Infor, Inc.
1.450%, 7/15/23§		80,000		81,120
Logan Merger Sub, Inc.
5.500%, 9/1/27§		44,000		44,453
NortonLifeLock, Inc.
5.000%, 4/15/25§		52,000		53,153
Oracle Corp.
3.850%, 7/15/36		170,000		200,607
3.850%, 4/1/60		1,500,000		1,760,942
ServiceNow, Inc.
1.400%, 9/1/30		140,000		136,517
Solera LLC
10.500%, 3/1/24§		190,000		197,838
Sophia LP
9.000%, 9/30/23§		170,000		170,252
SS&C Technologies, Inc.
5.500%, 9/30/27§		110,000		116,487
VMware, Inc.
4.700%, 5/15/30		1,040,000		1,232,629
				4,841,833
Technology Hardware, Storage & Peripherals (1.5%)
Apple, Inc.
3.350%, 2/9/27		30,000		34,383
2.650%, 5/11/50		310,000		321,040
Dell International LLC
5.875%, 6/15/21§		70,000		69,877
7.125%, 6/15/24§		100,000		103,500
6.020%, 6/15/26§		1,410,000		1,655,903
Hewlett Packard Enterprise Co.
1.450%, 4/1/24		45,000		45,522
4.650%, 10/1/24		115,000		128,803
6.200%, 10/15/35(e)		60,000		75,305
HP, Inc.
3.000%, 6/17/27		95,000		102,614
NCR Corp.
8.125%, 4/15/25§		60,000		66,315
5.000%, 10/1/28§		84,000		83,793
NetApp, Inc.
1.875%, 6/22/25		70,000		72,267
				2,759,322
Total Information Technology				13,527,791
Materials (4.3%)
Chemicals (0.6%)
Blue Cube Spinco LLC
10.000%, 10/15/25		82,000		86,407
Illuminate Buyer LLC
9.000%, 7/1/28§		52,000		55,900
LYB International Finance III LLC
4.200%, 5/1/50		300,000		334,222
Minerals Technologies, Inc.
5.000%, 7/1/28§		39,000		40,365
Nouryon Holding BV
8.000%, 10/1/26§		150,000		158,969
NOVA Chemicals Corp.
4.875%, 6/1/24§		60,000		59,495
Nufarm Australia Ltd.
5.750%, 4/30/26§		60,000		60,600
Nutrition & Biosciences, Inc.
2.300%, 11/1/30§		65,000		65,365
Olin Corp.
9.500%, 6/1/25§		54,000		62,942
5.000%, 2/1/30		40,000		37,700
PPG Industries, Inc.
2.550%, 6/15/30		15,000		15,962
PQ Corp.
5.750%, 12/15/25§		70,000		72,012
				1,049,939
Construction Materials (0.4%)
Cemex SAB de CV
7.375%, 6/5/27§		765,000		824,287
Containers & Packaging (0.6%)
ARD Finance SA
6.500%, 6/30/27§		200,000		198,460
Berry Global, Inc.
5.125%, 7/15/23		50,000		50,755
CCL Industries, Inc.
3.050%, 6/1/30§		25,000		26,670
Flex Acquisition Co., Inc.
7.875%, 7/15/26§		120,000		121,800
Graham Packaging Co., Inc.
7.125%, 8/15/28§		37,000		38,526
Intelligent Packaging Ltd. Finco, Inc.
6.000%, 9/15/28§		34,000		34,425
LABL Escrow Issuer LLC
6.750%, 7/15/26§		60,000		63,300
10.500%, 7/15/27§		80,000		84,924
Mauser Packaging Solutions Holding Co.
5.500%, 4/15/24§		90,000		90,112
7.250%, 4/15/25§		230,000		215,913
Owens-Brockway Glass Container, Inc.
6.625%, 5/13/27§		68,000		73,525
Reynolds Group Issuer, Inc.
7.000%, 7/15/24§		44,000		44,748
Sealed Air Corp.
4.875%, 12/1/22§		50,000		52,125
				1,095,283
Metals & Mining (2.7%)
Anglo American Capital plc
5.625%, 4/1/30§		810,000		991,275
First Quantum Minerals Ltd.
6.500%, 3/1/24§		475,000		458,672
Freeport-McMoRan, Inc.
5.450%, 3/15/43		1,875,000		2,076,563
Glencore Finance Canada Ltd.
4.950%, 11/15/21§		235,000		244,821
Glencore Funding LLC
2.500%, 9/1/30§		170,000		165,276
Hudbay Minerals, Inc.
6.125%, 4/1/29§		29,000		28,646
Kaiser Aluminum Corp.
6.500%, 5/1/25§		24,000		24,659
Novelis Corp.
4.750%, 1/30/30§		80,000		78,500
Reliance Steel & Aluminum Co.
2.150%, 8/15/30		15,000		14,615
Steel Dynamics, Inc.
3.450%, 4/15/30		815,000		893,478
				4,976,505
Total Materials				7,946,014
Real Estate (1.2%)
Equity Real Estate Investment Trusts (REITs) (1.0%)
Alexandria Real Estate Equities, Inc. (REIT)
1.875%, 2/1/33		95,000		93,441

See Notes to Portfolio of Investments.

29

EQ PREMIER VIP TRUST

EQ/CORE PLUS BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

	Principal Amount		Value (Note 1)
Brixmor Operating Partnership LP (REIT)
4.050%, 7/1/30	$	15,000	$	16,078
Equinix, Inc. (REIT)
1.800%, 7/15/27		35,000		35,313
Federal Realty Investment Trust (REIT)
3.500%, 6/1/30		40,000		43,225
Healthpeak Properties, Inc. (REIT)
3.000%, 1/15/30		240,000		258,427
Iron Mountain, Inc. (REIT)
5.000%, 7/15/28§		56,000		57,260
MGM Growth Properties Operating Partnership LP (REIT)
4.625%, 6/15/25§		72,000		73,440
Office Properties Income Trust (REIT)
4.250%, 5/15/24		55,000		55,433
4.500%, 2/1/25		290,000		293,397
Park Intermediate Holdings LLC (REIT)
7.500%, 6/1/25§		37,000		39,351
5.875%, 10/1/28§		67,000		66,833
Piedmont Operating Partnership LP (REIT)
3.150%, 8/15/30		145,000		141,075
SBA Communications Corp. (REIT)
4.875%, 9/1/24		60,000		61,350
Simon Property Group LP (REIT)
2.625%, 6/15/22		345,000		353,236
Spirit Realty LP (REIT)
3.200%, 2/15/31		75,000		73,016
Welltower, Inc. (REIT)
2.750%, 1/15/31		50,000		51,255
XHR LP (REIT)
6.375%, 8/15/25§		46,000		46,000
				1,758,130
Real Estate Management & Development (0.2%)
Cushman & Wakefield US Borrower LLC
6.750%, 5/15/28§		54,000		55,839
Greystar Real Estate Partners LLC
5.750%, 12/1/25§		110,000		110,000
Howard Hughes Corp. (The)
5.375%, 3/15/25§		80,000		81,188
5.375%, 8/1/28§		41,000		40,928
Realogy Group LLC
7.625%, 6/15/25§		37,000		38,850
9.375%, 4/1/27§		120,000		124,200
				451,005
Total Real Estate				2,209,135
Utilities (2.7%)
Electric Utilities (1.0%)
Duke Energy Corp.
0.900%, 9/15/25		190,000		189,974
3.150%, 8/15/27		170,000		186,078
Edison International
4.950%, 4/15/25		155,000		168,964
Entergy Corp.
0.900%, 9/15/25		145,000		144,456
Eversource Energy
Series R 1.650%, 8/15/30		55,000		54,572
Exelon Corp.
4.700%, 4/15/50		265,000		334,796
FirstEnergy Corp.
Series B 2.250%, 9/1/30		55,000		53,862
ITC Holdings Corp.
2.950%, 5/14/30§		90,000		97,232
Liberty Utilities Finance GP 1
2.050%, 9/15/30§		65,000		64,113
NextEra Energy Capital Holdings, Inc.
2.250%, 6/1/30		65,000		67,372
Public Service Co. of Colorado
Series 35 1.900%, 1/15/31		35,000		36,309
Public Service Electric & Gas Co.
2.700%, 5/1/50		40,000		41,186
Southern California Edison Co.
Series 20C 1.200%, 2/1/26		65,000		64,653
Southwestern Public Service Co.
Series 8 3.150%, 5/1/50		75,000		80,224
Vistra Operations Co. LLC
3.550%, 7/15/24§		170,000		180,610
				1,764,401
Gas Utilities (0.1%)
Atmos Energy Corp.
1.500%, 1/15/31		185,000		184,139
Independent Power and Renewable Electricity Producers (0.6%)
AES Corp. (The)
3.300%, 7/15/25§		110,000		117,321
3.950%, 7/15/30§		855,000		945,236
				1,062,557
Multi-Utilities (1.0%)
Consolidated Edison Co. of New York, Inc.
Series 20A 3.350%, 4/1/30		805,000		925,910
DTE Energy Co.
Series C 2.529%, 10/1/24(e)		170,000		180,091
Series F 1.050%, 6/1/25		130,000		130,000
NiSource, Inc.
1.700%, 2/15/31		95,000		92,727
Puget Energy, Inc.
6.000%, 9/1/21		170,000		178,147
San Diego Gas & Electric Co.
Series VVV 1.700%, 10/1/30		100,000		99,507
WEC Energy Group, Inc.
3.375%, 6/15/21		240,000		245,109
				1,851,491
Total Utilities				4,862,588
Total Corporate Bonds				102,038,280
Foreign Government Securities (11.9%)
Hungary Government Bond
6.750%, 10/22/28	HUF	125,000,000		545,097
3.000%, 8/21/30		600,000,000		2,050,403
Mex Bonos Desarr Fix Rt
8.000%, 11/7/47	MXN	56,500,000		2,820,337
Series M 6.500%, 6/9/22		105,700,000		4,940,160

See Notes to Portfolio of Investments.

30

EQ PREMIER VIP TRUST

EQ/CORE PLUS BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

	Principal Amount		Value (Note 1)
Republic of Indonesia
7.500%, 6/15/35	IDR	60,700,000,000	$	4,102,247
Republic of South Africa
8.750%, 2/28/48	ZAR	163,000,000		7,474,064
Total Foreign Government Securities				21,932,308
Mortgage-Backed Securities (7.8%)
FHLMC UMBS
4.000%, 6/1/38	$	21,407		22,956
4.000%, 8/1/48		435,578		464,367
4.000%, 11/1/48		22,027		23,469
4.000%, 12/1/48		16,683		17,775
4.000%, 2/1/49		195,998		208,830
4.000%, 7/1/49		898,718		957,276
4.000%, 12/1/49		22,320		23,775
2.500%, 5/1/50		644,178		675,643
2.500%, 6/1/50		666,193		699,461
FNMA UMBS
4.000%, 10/1/48		830,845		885,241
3.500%, 8/1/49		3,484,655		3,670,042
3.000%, 7/1/50		3,978,637		4,176,987
GNMA
3.500%, 12/20/49		2,429,402		2,553,987
Total Mortgage-Backed Securities				14,379,809
U.S. Treasury Obligations (13.1%)
U.S. Treasury Bonds
1.125%, 5/15/40		3,340,000		3,294,657
2.000%, 2/15/50		1,975,000		2,239,754
1.375%, 8/15/50		345,000		338,571
U.S. Treasury Notes
(US Treasury 3 Month Bill Money Market Yield + 0.11%), 0.214%, 4/30/22(k)		5,725,000		5,730,854
(US Treasury 3 Month Bill Money Market Yield + 0.06%), 0.165%, 7/31/22(k)		5,235,000		5,234,901
0.125%, 8/31/22		355,000		354,987
0.375%, 4/30/25		4,890,000		4,919,104
1.500%, 2/15/30		650,000		701,603
0.625%, 5/15/30		1,210,000		1,206,645
Total U.S. Treasury Obligations				24,021,076
Total Long-Term Debt Securities (97.6%) (Cost $173,420,429)				179,245,229
Total Investments in Securities (97.6%) (Cost $173,420,429)				179,245,229
Other Assets Less Liabilities (2.4%)				4,437,018
Net Assets (100%)			$	183,682,247

See Notes to Portfolio of Investments.

31

EQ PREMIER VIP TRUST

EQ/CORE PLUS BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

§ 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, 2020, the market value of these securities amounted to $47,411,128 or 25.8% 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.

(e) Step Bond - Coupon rate increases or decreases in increments to maturity. Rate disclosed is as of September 30, 2020. Maturity date disclosed is the ultimate maturity date.

(k) Variable or floating rate security, linked to the referenced benchmark. The interest rate shown was the current rate as of September 30, 2020.

(l) Variable or floating rate security, the interest rate of which adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets. The interest rate shown was the current rate as of September 30, 2020.

(m) Regulation S is an exemption for securities offerings that are made outside of the United States and do not involve direct selling efforts in the United States. Resale restrictions may apply for purposes of the Securities Act of 1933. At September 30, 2020, the market value of these securities amounted to $1,869,416 or 1.0% of net assets.

(y) Securities are perpetual and, thus, do not have a predetermined maturity date. The coupon rate for these securities are fixed for a period of time and may be structured to adjust thereafter. The date shown, if applicable, reflects the next call date. The coupon rate shown is the rate in effect as of September 30, 2020.

Glossary:
AUD	— Australian Dollar
BRL	— Brazilian Real
CHF	— Swiss Franc
CLP	— Chilean Peso
COP	— Colombian Peso
EUR	— European Currency Unit
FHLMC	— Federal Home Loan Mortgage Corp.
FNMA	— Federal National Mortgage Association
GBP	— British Pound
GNMA	— Government National Mortgage Association
HUF	— Hungarian Forint
ICE	— Intercontinental Exchange
IDR	— Indonesian Rupiah
JPY	— Japanese Yen
KRW	— Korean (South) Won
LIBOR	— London Interbank Offered Rate
MXN	— Mexican Peso
NZD	— New Zealand Dollar
PIK	— Payment-in Kind Security
PEN	— Peruvian Sol
PLN	— Polish Zloty
RUB	— Russian Ruble
SOFR	— Secured Overnight Financing Rate
UMBS	— Uniform Mortgage-Backed Securities
USD	— United States Dollar
ZAR	— South African Rand

See Notes to Portfolio of Investments.

32

EQ PREMIER VIP TRUST

EQ/CORE PLUS BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

Country Diversification
As a Percentage of Total Net Assets
Australia	0.3	%
Belgium	0.6
Brazil	2.1
Canada	2.7
China	0.5
France	1.2
Germany	0.7
Hungary	1.4
Indonesia	2.2
Ireland	0.1
Japan	0.3
Luxembourg	0.1
Mexico	6.2
Netherlands	0.9
New Zealand	0.3
Norway	0.3
Peru	0.0	#
South Africa	4.6
South Korea	0.0	#
Switzerland	0.3
United Arab Emirates	0.0	#
United Kingdom	1.1
United States	71.4
Zambia	0.3
Cash and Other	2.4
	100.0	%

# Percent shown is less than 0.05%.

See Notes to Portfolio of Investments.

33

EQ PREMIER VIP TRUST

EQ/CORE PLUS BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

Investments in companies which were affiliates for nine months ended September 30, 2020, were as follows:

Security Description	Shares at September 30, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value September 30, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
INVESTMENT COMPANIES:
Fixed Income
1290 VT DoubleLine Opportunistic Bond Portfolio		—		14,477,224		—		(14,143,292	)		(28,005	)		(305,927	)		—		—		—
1290 VT High Yield Bond Portfolio		—		18,267,312		98,508		(17,119,390	)		(2,420,301	)		1,173,871			—		—		—
EQ/Core Bond Index Portfolio		—		82,896,350		1,280,596		(87,436,899	)		4,097,472			(837,519	)		—		—		—
EQ/PIMCO Global Real Return Portfolio		—		8,748,246		98,507		(9,137,580	)		569,128			(278,301	)		—		—		—
EQ/Quality Bond PLUS Portfolio		—		40,524,930		394,030		(42,833,151	)		2,839,534			(925,343	)		—		—		—
Total				164,914,062		1,871,641		(170,670,312	)		5,057,828			(1,173,219	)		—		—		—

See Notes to Portfolio of Investments.

34

EQ PREMIER VIP TRUST

EQ/CORE PLUS BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

Futures contracts outstanding as of September 30, 2020 (Note 1):

Description	Number of Contracts			Expiration Date		Trading Currency		Notional Amount ($)			Value and Unrealized Appreciation (Depreciation) ($)
Long Contracts
Euro-BTP		36			12/2020		EUR		6,229,086			80,034
												80,034
Short Contracts
Euro-OAT		(112	)		12/2020		EUR		(22,133,042	)		(96,687	)
U.S. Treasury 10 Year Note		(79	)		12/2020		USD		(11,022,969	)		(45,679	)
U.S. Treasury Ultra Bond		(66	)		12/2020		USD		(14,639,625	)		(110,108	)
												(252,474	)
												(172,440	)

See Notes to Portfolio of Investments.

35

EQ PREMIER VIP TRUST

EQ/CORE PLUS BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

Forward Foreign Currency Contracts outstanding as of September 30, 2020 (Note 1):

Currency Purchased		Currency Sold		Counterparty	Settlement Date		Unrealized Appreciation (Depreciation) ($)
EUR	1,975,000	USD	2,200,715	HSBC Bank plc		10/2/2020		114,874
USD	5,497,018	BRL	29,260,000	HSBC Bank plc**		10/9/2020		288,110
COP	21,750,000,000	USD	5,644,913	JPMorgan Chase Bank**		10/16/2020		34,230
PLN	7,300,000	USD	1,847,891	Citibank NA		10/16/2020		40,713
USD	1,955,542	PLN	7,300,000	Citibank NA		10/16/2020		66,938
KRW	11,460,000,000	USD	9,577,535	Citibank NA**		10/28/2020		221,475
USD	1,942,495	KRW	2,270,000,000	Citibank NA**		10/28/2020		1,505
JPY	305,000,000	USD	2,882,787	Citibank NA		10/29/2020		10,052
USD	2,897,174	JPY	305,000,000	Citibank NA		10/29/2020		4,335
USD	1,171,888	RUB	91,000,000	Citibank NA**		10/29/2020		4,260
NZD	7,260,000	USD	4,788,043	HSBC Bank plc		11/4/2020		14,723
USD	9,621,827	NZD	14,470,000	JPMorgan Chase Bank		11/4/2020		49,372
USD	1,688,286	PEN	6,000,000	HSBC Bank plc**		11/6/2020		23,331
USD	4,823,961	ZAR	81,000,000	Citibank NA		11/13/2020		12,671
USD	2,634,618	RUB	205,000,000	Citibank NA**		11/17/2020		9,408
USD	2,795,036	HUF	830,000,000	HSBC Bank plc		11/18/2020		119,965
USD	4,690,423	AUD	6,540,000	JPMorgan Chase Bank		11/25/2020		5,507
USD	9,680,897	CHF	8,790,000	HSBC Bank plc		12/11/2020		117,050
Total unrealized appreciation								1,138,519
EUR	1,410,000	USD	1,664,460	HSBC Bank plc		10/2/2020		(11,305	)
EUR	590,000	USD	694,793	JPMorgan Chase Bank		10/2/2020		(3,048	)
USD	8,679,050	EUR	7,705,000	Citibank NA		10/2/2020		(354,677	)
BRL	49,780,000	USD	9,296,880	HSBC Bank plc**		10/9/2020		(434,972	)
COP	7,100,000,000	USD	1,913,685	JPMorgan Chase Bank**		10/16/2020		(59,804	)
IDR	88,660,000,000	USD	5,957,904	JPMorgan Chase Bank**		10/27/2020		(13,517	)
USD	5,875,414	IDR	88,660,000,000	JPMorgan Chase Bank**		10/27/2020		(68,973	)
USD	7,681,842	KRW	9,190,000,000	Citibank NA**		10/28/2020		(176,178	)
RUB	485,000,000	USD	6,693,034	Citibank NA**		10/29/2020		(469,966	)
NZD	7,210,000	USD	4,817,037	JPMorgan Chase Bank		11/4/2020		(47,348	)
MXN	106,000,000	USD	4,822,522	JPMorgan Chase Bank		11/5/2020		(48,372	)
USD	4,909,695	MXN	112,500,000	Citibank NA		11/5/2020		(157,209	)
PEN	6,000,000	USD	1,710,328	HSBC Bank plc**		11/6/2020		(45,372	)
USD	2,739,354	ZAR	48,400,000	HSBC Bank plc		11/13/2020		(135,541	)
USD	1,734,222	ZAR	29,800,000	JPMorgan Chase Bank		11/13/2020		(35,858	)
ZAR	32,100,000	USD	1,913,414	JPMorgan Chase Bank		11/13/2020		(6,717	)
RUB	205,000,000	USD	2,711,105	Citibank NA**		11/17/2020		(85,894	)
GBP	4,820,000	USD	6,350,427	HSBC Bank plc		11/20/2020		(129,409	)
USD	1,917,513	GBP	1,500,000	HSBC Bank plc		11/20/2020		(18,489	)
AUD	6,540,000	USD	4,807,554	HSBC Bank plc		11/25/2020		(122,638	)
USD	4,725,258	AUD	6,680,000	HSBC Bank plc		11/25/2020		(59,946	)
CLP	4,540,000,000	USD	5,928,828	HSBC Bank plc**		12/4/2020		(142,030	)
USD	1,877,410	CLP	1,480,000,000	HSBC Bank plc**		12/4/2020		(9,035	)
GBP	2,480,000	USD	3,298,884	Citibank NA		12/8/2020		(97,561	)
EUR	3,920,000	USD	4,607,921	Citibank NA		1/12/2021		(332	)
USD	4,375,085	EUR	3,730,000	Citibank NA		1/12/2021		(9,177	)
Total unrealized depreciation								(2,743,368	)
Net unrealized depreciation								(1,604,849	)

** Non-deliverable forward.

See Notes to Portfolio of Investments.

36

EQ PREMIER VIP TRUST

EQ/CORE PLUS BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (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, 2020:

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:
Asset-Backed Securities	$	—		$	7,749,317		$	—	$	7,749,317
Collateralized Mortgage Obligation		—			2,193,986			—		2,193,986
Commercial Mortgage-Backed Securities		—			6,930,453			—		6,930,453
Corporate Bonds
Communication Services		—			5,014,940			—		5,014,940
Consumer Discretionary		—			5,509,339			—		5,509,339
Consumer Staples		—			4,399,768			—		4,399,768
Energy		—			12,553,860			—		12,553,860
Financials		—			28,243,221			—		28,243,221
Health Care		—			4,505,911			—		4,505,911
Industrials		—			13,265,713			—		13,265,713
Information Technology		—			13,527,791			—		13,527,791
Materials		—			7,946,014			—		7,946,014
Real Estate		—			2,209,135			—		2,209,135
Utilities		—			4,862,588			—		4,862,588
Foreign Government Securities		—			21,932,308			—		21,932,308
Forward Currency Contracts		—			1,138,519			—		1,138,519
Futures		80,034			—			—		80,034
Mortgage-Backed Securities		—			14,379,809			—		14,379,809
U.S. Treasury Obligations		—			24,021,076			—		24,021,076
Total Assets	$	80,034		$	180,383,748		$	—	$	180,463,782
Liabilities:
Forward Currency Contracts		—			(2,743,368	)		—		(2,743,368	)
Futures		(252,474	)		—			—		(252,474	)
Total Liabilities	$	(252,474	)	$	(2,743,368	)	$	—	$	(2,995,842	)
Total	$	(172,440	)	$	177,640,380		$	—	$	177,467,940

As of September 30, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	7,867,821
Aggregate gross unrealized depreciation		(3,739,049	)
Net unrealized appreciation	$	4,128,772
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	173,339,168

See Notes to Portfolio of Investments.

37

EQ PREMIER VIP TRUST

TARGET 2015 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2020 (Unaudited)

	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
Equity (42.0%)
EQ/American Century Mid Cap Value Portfolio‡		59,293	$	1,190,796
EQ/BlackRock Basic Value Equity Portfolio‡		46,220		920,802
EQ/Emerging Markets Equity PLUS Portfolio‡		155,638		1,465,027
EQ/Equity 500 Index Portfolio‡		142,667		7,667,031
EQ/International Equity Index Portfolio‡		306,641		2,708,351
EQ/Janus Enterprise Portfolio‡		57,014		1,235,057
EQ/MFS International Growth Portfolio‡		203,561		1,735,592
EQ/Small Company Index Portfolio‡		121,464		1,218,663
Multimanager Aggressive Equity Portfolio‡		9,948		817,070
Total Equity				18,958,389
Fixed Income (58.2%)
1290 VT High Yield Bond Portfolio‡		397,976		3,873,969
EQ/Core Bond Index Portfolio‡		934,765		9,983,553
EQ/Global Bond PLUS Portfolio‡		409,308		4,054,673
EQ/PIMCO Ultra Short Bond Portfolio‡		322,299		3,204,341
EQ/Quality Bond PLUS Portfolio‡		559,549		5,148,261
Total Fixed Income				26,264,797
Total Investments in Securities (100.2%) (Cost $36,576,795)				45,223,186
Other Assets Less Liabilities (-0.2%)				(112,089	)
Net Assets (100%)			$	45,111,097

‡ 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.

38

EQ PREMIER VIP TRUST

TARGET 2015 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

Investments in companies which were affiliates for nine months ended September 30, 2020, were as follows:

Security Description	Shares at September 30, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss)  ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value September 30, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
INVESTMENT COMPANIES:
Equity
EQ/American Century Mid Cap Value Portfolio(aa)		59,293		—		—		—			—			423,821			1,190,796		—		—
EQ/BlackRock Basic Value Equity Portfolio		46,220		1,208,512		102,697		(211,202	)		395			(179,600	)		920,802		—		—
EQ/Emerging Markets Equity PLUS Portfolio		155,638		1,672,498		273,255		(408,802	)		848			(72,772	)		1,465,027		—		—
EQ/Equity 500 Index Portfolio		142,667		8,938,305		1,379,297		(3,117,413	)		1,080,915			(614,073	)		7,667,031		—		—
EQ/International Equity Index Portfolio		306,641		3,869,843		265,301		(1,020,606	)		(35,408	)		(370,779	)		2,708,351		—		—
EQ/Janus Enterprise Portfolio(ab)		57,014		—		—		—			—			381,511			1,235,057		—		—
EQ/MFS International Growth Portfolio		203,561		1,232,854		1,192,370		(939,003	)		33,342			216,029			1,735,592		—		—
EQ/Small Company Index Portfolio		121,464		1,503,515		529,449		(782,060	)		13,461			(45,702	)		1,218,663		—		—
Multimanager Aggressive Equity Portfolio		9,948		705,929		42,790		(88,001	)		2,548			153,804			817,070		—		—
Multimanager Mid Cap Growth Portfolio*(ab)		—		879,565		297,853		(67,672	)		1,877			(258,077	)		—		—		29,882
Multimanager Mid Cap Value Portfolio(aa)		—		994,841		360,888		(67,672	)		(4,684	)		(516,398	)		—		8,210		4,706
Fixed Income
1290 VT High Yield Bond Portfolio		397,976		3,866,007		723,859		(765,206	)		(12,742	)		62,051			3,873,969		—		—
EQ/Core Bond Index Portfolio		934,765		10,345,113		2,158,110		(3,079,816	)		62,285			497,861			9,983,553		—		—
EQ/Global Bond PLUS Portfolio		409,308		3,907,882		887,416		(967,806	)		(13,823	)		241,004			4,054,673		—		—
EQ/PIMCO Ultra Short Bond Portfolio		322,299		3,349,390		753,858		(922,206	)		(11,866	)		35,165			3,204,341		—		—
EQ/Quality Bond PLUS Portfolio		559,549		4,958,776		1,050,880		(1,154,607	)		18,196			275,016			5,148,261		—		—
Total				47,433,030		10,018,023		(13,592,072	)		1,135,344			228,861			45,223,186		8,210		34,588

* Non-income producing.

(aa) As a result of a business combination, after the close of business on June 12, 2020, the Portfolio exchanged its Class K shares in Multimanager Mid Cap Value Portfolio for Class K shares of the EQ/American Century Mid Cap Value Portfolio with a value of $1,142,831 (at a cost of $766,975), representing 94,283 shares of Multimanager Mid Cap Value Portfolio and 59,293 shares of EQ/American Century Mid Cap Value Portfolio, as a nontaxable transfer. These amounts are not reflected in the purchases and sales listed above.

(ab) As a result of a business combination, after the close of business on June 5, 2020, the Portfolio exchanged its Class K shares in Multimanager Mid Cap Growth Portfolio for Class K shares of the EQ/Janus Enterprise Portfolio with a value of $1,210,347 (at a cost of $853,546), representing 108,396 shares of Multimanager Mid Cap Growth Portfolio and 57,014 shares of EQ/Janus Enterprise Portfolio, as a nontaxable transfer. These amounts are not reflected in the purchases and sales listed above.

See Notes to Portfolio of Investments.

39

EQ PREMIER VIP TRUST

TARGET 2015 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (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, 2020:

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	$	—	$	45,223,186	$	—	$	45,223,186
Total Assets	$	—	$	45,223,186	$	—	$	45,223,186
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	—	$	45,223,186	$	—	$	45,223,186

As of September 30, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	9,169,312
Aggregate gross unrealized depreciation		(549,382	)
Net unrealized appreciation	$	8,619,930
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	36,603,256

See Notes to Portfolio of Investments.

40

EQ PREMIER VIP TRUST

TARGET 2025 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2020 (Unaudited)

	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
Equity (63.2%)
EQ/American Century Mid Cap Value Portfolio‡		235,755	$	4,734,756
EQ/BlackRock Basic Value Equity Portfolio‡		182,729		3,640,382
EQ/Emerging Markets Equity PLUS Portfolio‡		937,844		8,827,984
EQ/Equity 500 Index Portfolio‡		852,727		45,826,234
EQ/International Equity Index Portfolio‡		2,025,484		17,889,729
EQ/Janus Enterprise Portfolio‡		191,825		4,155,383
EQ/MFS International Growth Portfolio‡		1,209,863		10,315,486
EQ/Small Company Index Portfolio‡		1,081,592		10,851,736
Multimanager Aggressive Equity Portfolio‡		38,438		3,156,961
Total Equity				109,398,651
Fixed Income (36.8%)
1290 VT High Yield Bond Portfolio‡		1,125,259		10,953,467
EQ/Core Bond Index Portfolio‡		2,137,646		22,830,653
EQ/Global Bond PLUS Portfolio‡		1,015,040		10,055,154
EQ/PIMCO Ultra Short Bond Portfolio‡		786,195		7,816,455
EQ/Quality Bond PLUS Portfolio‡		1,320,710		12,151,503
Total Fixed Income				63,807,232
Total Investments in Securities (100.0%) (Cost $133,839,934)				173,205,883
Other Assets Less Liabilities (0.0%)				(42,295	)
Net Assets (100%)			$	173,163,588

‡ 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.

41

EQ PREMIER VIP TRUST

TARGET 2025 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

Investments in companies which were affiliates for nine months ended September 30, 2020, were as follows:

Security Description	Shares at September 30, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value September  30, 2020 ($)		Dividend/ Interest Income ($)		Capital  Gain Distributions ($)
INVESTMENT COMPANIES:
Equity
EQ/American Century Mid Cap Value Portfolio(aa)		235,755		—		—		—			—			930,351			4,734,756		—		—
EQ/BlackRock Basic Value Equity Portfolio		182,729		4,491,101		273,681		(449,719	)		(563	)		(674,118	)		3,640,382		—		—
EQ/Emerging Markets Equity PLUS Portfolio		937,844		8,733,471		1,561,049		(1,161,876	)		(7,522	)		(297,138	)		8,827,984		—		—
EQ/Equity 500 Index Portfolio		852,727		51,194,858		2,883,133		(10,477,472	)		3,030,276			(804,561	)		45,826,234		—		—
EQ/International Equity Index Portfolio		2,025,484		20,835,362		3,293,463		(4,460,908	)		(20,308	)		(1,757,880	)		17,889,729		—		—
EQ/Janus Enterprise Portfolio(ab)		191,825		—		—		—			—			1,011,388			4,155,383		—		—
EQ/MFS International Growth Portfolio		1,209,863		9,685,697		1,715,153		(1,691,063	)		41,270			564,429			10,315,486		—		—
EQ/Small Company Index Portfolio		1,081,592		12,011,484		2,544,168		(3,156,953	)		13,320			(560,283	)		10,851,736		—		—
Multimanager Aggressive Equity Portfolio		38,438		2,628,882		126,316		(207,563	)		7,223			602,103			3,156,961		—		—
Multimanager Mid Cap Growth Portfolio*(ab)		—		2,001,772		1,632,796		(71,397	)		122			(419,298	)		—		—		100,538
Multimanager Mid Cap Value Portfolio(aa)		—		3,142,371		1,804,712		(42,838	)		1,294			(1,101,134	)		—		32,645		18,712
Fixed Income
1290 VT High Yield Bond Portfolio		1,125,259		10,258,823		2,009,206		(1,455,657	)		(32,986	)		174,081			10,953,467		—		—
EQ/Core Bond Index Portfolio		2,137,646		22,865,316		5,829,725		(7,098,876	)		85,453			1,149,035			22,830,653		—		—
EQ/Global Bond PLUS Portfolio		1,015,040		9,012,140		2,676,048		(2,159,876	)		(1,370	)		528,212			10,055,154		—		—
EQ/PIMCO Ultra Short Bond Portfolio		786,195		7,601,323		2,131,048		(1,962,876	)		(33,058	)		80,018			7,816,455		—		—
EQ/Quality Bond PLUS Portfolio		1,320,710		10,842,924		3,082,362		(2,430,438	)		29,021			627,634			12,151,503		—		—
Total				175,305,524		31,562,860		(36,827,512	)		3,112,172			52,839			173,205,883		32,645		119,250

* Non-income producing.

(aa) As a result of a business combination, after the close of business on June 12, 2020, the Portfolio exchanged its Class K shares in Multimanager Mid Cap Value Portfolio for Class K shares of the EQ/American Century Mid Cap Value Portfolio with a value of $4,544,040 (at a cost of $3,804,405), representing 374,882 shares of Multimanager Mid Cap Value Portfolio and 235,755 shares of EQ/American Century Mid Cap Value Portfolio, as a nontaxable transfer. These amounts are not reflected in the purchases and sales listed above.

(ab) As a result of a business combination, after the close of business on June 5, 2020, the Portfolio exchanged its Class K shares in Multimanager Mid Cap Growth Portfolio for Class K shares of the EQ/Janus Enterprise Portfolio with a value of $4,072,247 (at a cost of $3,143,995), representing 364,703 shares of Multimanager Mid Cap Growth Portfolio and 191,825 shares of EQ/Janus Enterprise Portfolio, as a nontaxable transfer. These amounts are not reflected in the purchases and sales listed above.

See Notes to Portfolio of Investments.

42

EQ PREMIER VIP TRUST

TARGET 2025 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (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, 2020:

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	$	—	$	173,205,883	$	—	$	173,205,883
Total Assets	$	—	$	173,205,883	$	—	$	173,205,883
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	—	$	173,205,883	$	—	$	173,205,883

As of September 30, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	40,226,701
Aggregate gross unrealized depreciation		(1,005,223	)
Net unrealized appreciation	$	39,221,478
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	133,984,405

See Notes to Portfolio of Investments.

43

EQ PREMIER VIP TRUST

TARGET 2035 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2020 (Unaudited)

	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
Equity (78.1%)
EQ/American Century Mid Cap Value Portfolio‡		133,849	$	2,688,143
EQ/BlackRock Basic Value Equity Portfolio‡		179,952		3,585,048
EQ/Emerging Markets Equity PLUS Portfolio‡		984,983		9,271,705
EQ/Equity 500 Index Portfolio‡		1,108,355		59,563,903
EQ/International Equity Index Portfolio‡		2,302,488		20,336,311
EQ/Janus Enterprise Portfolio‡		117,181		2,538,413
EQ/MFS International Growth Portfolio‡		1,447,430		12,341,028
EQ/Small Company Index Portfolio‡		1,605,956		16,112,732
Multimanager Aggressive Equity Portfolio‡		29,279		2,404,677
Total Equity				128,841,960
Fixed Income (22.1%)
1290 VT High Yield Bond Portfolio‡		681,778		6,636,548
EQ/Core Bond Index Portfolio‡		1,192,905		12,740,555
EQ/Global Bond PLUS Portfolio‡		586,629		5,811,244
EQ/PIMCO Ultra Short Bond Portfolio‡		437,210		4,346,801
EQ/Quality Bond PLUS Portfolio‡		761,947		7,010,472
Total Fixed Income				36,545,620
Total Investments in Securities (100.2%) (Cost $124,316,133)				165,387,580
Other Assets Less Liabilities (-0.2%)				(293,551	)
Net Assets (100%)			$	165,094,029

‡ 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.

44

EQ PREMIER VIP TRUST

TARGET 2035 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

Investments in companies which were affiliates for nine months ended September 30, 2020, were as follows:

Security Description	Shares at September 30, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value September  30, 2020 ($)		Dividend/ Interest Income ($)		Capital  Gain Distributions ($)
INVESTMENT COMPANIES:
Equity
EQ/American Century Mid Cap Value Portfolio(aa)		133,849		—		—		—			—			413,970			2,688,143		—		—
EQ/BlackRock Basic Value Equity Portfolio		179,952		4,181,765		433,252		(405,150	)		(3,114	)		(621,705	)		3,585,048		—		—
EQ/Emerging Markets Equity PLUS Portfolio		984,983		8,750,154		1,995,723		(1,237,082	)		13,755			(250,845	)		9,271,705		—		—
EQ/Equity 500 Index Portfolio		1,108,355		62,883,907		3,899,275		(9,966,353	)		721,936			2,025,138			59,563,903		—		—
EQ/International Equity Index Portfolio		2,302,488		21,781,690		3,326,385		(2,863,026	)		(844	)		(1,907,894	)		20,336,311		—		—
EQ/Janus Enterprise Portfolio(ab)		117,181		—		—		—			—			562,482			2,538,413		—		—
EQ/MFS International Growth Portfolio		1,447,430		11,498,893		1,594,036		(1,373,369	)		10,306			611,162			12,341,028		—		—
EQ/Small Company Index Portfolio		1,605,956		14,294,140		3,428,070		(1,045,276	)		(426	)		(563,776	)		16,112,732		—		—
Multimanager Aggressive Equity Portfolio		29,279		2,198,053		243,705		(477,897	)		(2,770	)		443,586			2,404,677		—		—
Multimanager Mid Cap Growth Portfolio*(ab)		—		1,521,656		777,510		(61,948	)		(59	)		(261,228	)		—		—		61,416
Multimanager Mid Cap Value Portfolio(aa)		—		1,945,560		917,205		(30,974	)		161			(557,779	)		—		18,534		10,624
Fixed Income
1290 VT High Yield Bond Portfolio		681,778		5,895,341		1,379,097		(718,507	)		(25,766	)		106,383			6,636,548		—		—
EQ/Core Bond Index Portfolio		1,192,905		12,476,626		3,928,584		(4,315,623	)		44,747			606,221			12,740,555		—		—
EQ/Global Bond PLUS Portfolio		586,629		4,959,247		1,789,940		(1,223,863	)		(378	)		286,298			5,811,244		—		—
EQ/PIMCO Ultra Short Bond Portfolio		437,210		4,060,466		1,377,018		(1,112,185	)		(21,180	)		42,682			4,346,801		—		—
EQ/Quality Bond PLUS Portfolio		761,947		6,108,720		1,864,096		(1,329,507	)		19,186			347,977			7,010,472		—		—
Total				162,556,218		26,953,896		(26,160,760	)		755,554			1,282,672			165,387,580		18,534		72,040

* Non-income producing.

(aa) As a result of a business combination, after the close of business on June 12, 2020, the Portfolio exchanged its Class K shares in Multimanager Mid Cap Value Portfolio for Class K shares of the EQ/American Century Mid Cap Value Portfolio with a value of $2,579,863 (at a cost of $2,274,173), representing 212,838 shares of Multimanager Mid Cap Value Portfolio and 133,849 shares of EQ/American Century Mid Cap Value Portfolio, as a nontaxable transfer. These amounts are not reflected in the purchases and sales listed above.

(ab) As a result of a business combination, after the close of business on June 5, 2020, the Portfolio exchanged its Class K shares in Multimanager Mid Cap Growth Portfolio for Class K shares of the EQ/Janus Enterprise Portfolio with a value of $2,487,628 (at a cost of $1,975,931), representing 222,787 shares of Multimanager Mid Cap Growth Portfolio and 117,181 shares of EQ/Janus Enterprise Portfolio, as a nontaxable transfer. These amounts are not reflected in the purchases and sales listed above.

See Notes to Portfolio of Investments.

45

EQ PREMIER VIP TRUST

TARGET 2035 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (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, 2020:

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	$	—	$	165,387,580	$	—	$	165,387,580
Total Assets	$	—	$	165,387,580	$	—	$	165,387,580
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	—	$	165,387,580	$	—	$	165,387,580

As of September 30, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	41,986,367
Aggregate gross unrealized depreciation		(1,026,010	)
Net unrealized appreciation	$	40,960,357
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	124,427,223

See Notes to Portfolio of Investments.

46

EQ PREMIER VIP TRUST

TARGET 2045 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2020 (Unaudited)

	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
Equity (87.9%)
EQ/American Century Mid Cap Value Portfolio‡		112,707	$	2,263,528
EQ/BlackRock Basic Value Equity Portfolio‡		182,357		3,632,960
EQ/Emerging Markets Equity PLUS Portfolio‡		834,828		7,858,290
EQ/Equity 500 Index Portfolio‡		1,046,453		56,237,229
EQ/International Equity Index Portfolio‡		2,119,546		18,720,514
EQ/Janus Enterprise Portfolio‡		88,850		1,924,702
EQ/MFS International Growth Portfolio‡		1,324,039		11,288,975
EQ/Small Company Index Portfolio‡		1,405,241		14,098,941
Multimanager Aggressive Equity Portfolio‡		25,887		2,126,131
Total Equity				118,151,270
Fixed Income (12.1%)
1290 VT High Yield Bond Portfolio‡		357,412		3,479,109
EQ/Core Bond Index Portfolio‡		503,480		5,377,304
EQ/Global Bond PLUS Portfolio‡		239,729		2,374,795
EQ/PIMCO Ultra Short Bond Portfolio‡		189,586		1,884,886
EQ/Quality Bond PLUS Portfolio‡		338,148		3,111,210
Total Fixed Income				16,227,304
Total Investments in Securities (100.0%) (Cost $102,117,542)				134,378,574
Other Assets Less Liabilities (0.0%)				21,691
Net Assets (100%)			$	134,400,265

‡ 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.

47

EQ PREMIER VIP TRUST

TARGET 2045 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

Investments in companies which were affiliates for nine months ended September 30, 2020, were as follows:

Security Description	Shares at September 30, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value September 30, 2020 ($)		Dividend/ Interest Income ($)		Capital  Gain Distributions ($)
INVESTMENT COMPANIES:
Equity
EQ/American Century Mid Cap Value Portfolio(aa)		112,707		—		—		—			—			307,027			2,263,528		—		—
EQ/BlackRock Basic Value Equity Portfolio		182,357		4,070,401		379,528		(203,219	)		(86	)		(613,664	)		3,632,960		—		—
EQ/Emerging Markets Equity PLUS Portfolio		834,828		7,579,970		1,085,806		(456,898	)		483			(351,071	)		7,858,290		—		—
EQ/Equity 500 Index Portfolio		1,046,453		56,363,686		3,572,035		(6,462,654	)		41,607			2,722,555			56,237,229		—		—
EQ/International Equity Index Portfolio		2,119,546		19,389,266		2,049,514		(832,245	)		(40	)		(1,885,981	)		18,720,514		—		—
EQ/Janus Enterprise Portfolio(ab)		88,850		—		—		—			—			365,516			1,924,702		—		—
EQ/MFS International Growth Portfolio		1,324,039		10,110,607		1,136,407		(457,531	)		2,237			497,255			11,288,975		—		—
EQ/Small Company Index Portfolio		1,405,241		12,472,102		2,787,112		(540,776	)		(195	)		(619,302	)		14,098,941		—		—
Multimanager Aggressive Equity Portfolio		25,887		1,915,359		267,903		(443,449	)		(1,646	)		387,964			2,126,131		—		—
Multimanager Mid Cap Growth Portfolio*(ab)		—		1,134,925		573,871		(12,640	)		—	#		(136,970	)		—		—		46,567
Multimanager Mid Cap Value Portfolio(aa)		—		1,875,378		603,421		(8,427	)		81			(513,952	)		—		15,606		8,946
Fixed Income
1290 VT High Yield Bond Portfolio		357,412		3,050,749		605,927		(219,587	)		(7,373	)		49,393			3,479,109		—		—
EQ/Core Bond Index Portfolio		503,480		5,253,839		1,694,529		(1,843,219	)		13,976			258,179			5,377,304		—		—
EQ/Global Bond PLUS Portfolio		239,729		1,902,333		803,952		(441,725	)		197			110,038			2,374,795		—		—
EQ/PIMCO Ultra Short Bond Portfolio		189,586		1,679,227		611,276		(413,679	)		(8,920	)		16,982			1,884,886		—		—
EQ/Quality Bond PLUS Portfolio		338,148		2,568,153		865,927		(481,587	)		5,792			152,925			3,111,210		—		—
Total				129,365,995		17,037,208		(12,817,636	)		46,113			746,894			134,378,574		15,606		55,513

* Non-income producing.

# Amount represents less than $0.50.

(aa) As a result of a business combination, after the close of business on June 12, 2020, the Portfolio exchanged its Class K shares in Multimanager Mid Cap Value Portfolio for Class K shares of the EQ/American Century Mid Cap Value Portfolio with a value of $2,172,352 (at a cost of $1,956,501), representing 179,218 shares of Multimanager Mid Cap Value Portfolio and 112,707 shares of EQ/American Century Mid Cap Value Portfolio, as a nontaxable transfer. These amounts are not reflected in the purchases and sales listed above.

(ab) As a result of a business combination, after the close of business on June 5, 2020, the Portfolio exchanged its Class K shares in Multimanager Mid Cap Growth Portfolio for Class K shares of the EQ/Janus Enterprise Portfolio with a value of $1,886,195 (at a cost of $1,559,186), representing 168,924 shares of Multimanager Mid Cap Growth Portfolio and 88,850 shares of EQ/Janus Enterprise Portfolio, as a nontaxable transfer. These amounts are not reflected in the purchases and sales listed above.

See Notes to Portfolio of Investments.

48

EQ PREMIER VIP TRUST

TARGET 2045 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (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, 2020:

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	$	—	$	134,378,574	$	—	$	134,378,574
Total Assets	$	—	$	134,378,574	$	—	$	134,378,574
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	—	$	134,378,574	$	—	$	134,378,574

As of September 30, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	33,249,450
Aggregate gross unrealized depreciation		(1,021,235	)
Net unrealized appreciation	$	32,228,215
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	102,150,359

See Notes to Portfolio of Investments.

49

EQ PREMIER VIP TRUST

TARGET 2055 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2020 (Unaudited)

	Number of		Value
	Shares		(Note 1)
INVESTMENT COMPANIES:
Equity (98.3%)
EQ/American Century Mid Cap Value Portfolio‡		13,827	$	277,684
EQ/BlackRock Basic Value Equity Portfolio‡		84,526		1,683,957
EQ/Emerging Markets Equity PLUS Portfolio‡		254,471		2,395,355
EQ/Equity 500 Index Portfolio‡		323,112		17,364,328
EQ/International Equity Index Portfolio‡		641,255		5,663,770
EQ/Janus Enterprise Portfolio‡		7,631		165,310
EQ/MFS International Growth Portfolio‡		523,352		4,462,182
EQ/Small Company Index Portfolio‡		524,199		5,259,342
Multimanager Aggressive Equity Portfolio‡		16,292		1,338,084
Total Equity				38,610,012
Fixed Income (1.7%)
1290 VT High Yield Bond Portfolio‡		21,994		214,097
EQ/Core Bond Index Portfolio‡		42,199		450,700
Total Fixed Income				664,797
Total Investments in Securities (100.0%) (Cost $35,269,442)				39,274,809
Other Assets Less Liabilities (0.0%)				(15,997	)
Net Assets (100%)			$	39,258,812

‡ 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.

50

EQ PREMIER VIP TRUST

TARGET 2055 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (Unaudited)

Investments in companies which were affiliates for nine months ended September 30, 2020, were as follows:

Security Description	Shares at September 30, 2020		Market Value December  31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss)  ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value September 30, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
INVESTMENT COMPANIES:
Equity
EQ/American Century Mid Cap Value Portfolio(aa)		13,827		—		—		—			—			(54,508	)		277,684		—		—
EQ/BlackRock Basic Value Equity Portfolio		84,526		1,524,604		453,190		(59,716	)		(324	)		(233,797	)		1,683,957		—		—
EQ/Emerging Markets Equity PLUS Portfolio		254,471		1,979,169		615,587		(120,573	)		38			(78,866	)		2,395,355		—		—
EQ/Equity 500 Index Portfolio		323,112		14,362,891		3,584,312		(1,477,298	)		1,058			893,365			17,364,328		—		—
EQ/International Equity Index Portfolio		641,255		4,791,379		1,509,568		(179,148	)		(729	)		(457,300	)		5,663,770		—		—
EQ/Janus Enterprise Portfolio(ab)		7,631		—		—		—			—			15,672			165,310		—		—
EQ/MFS International Growth Portfolio		523,352		3,546,954		823,979		(108,574	)		(47	)		199,870			4,462,182		—		—
EQ/Small Company Index Portfolio		524,199		3,701,105		1,784,195		(145,612	)		(1,170	)		(79,176	)		5,259,342		—		—
Multimanager Aggressive Equity Portfolio		16,292		1,089,031		329,591		(303,430	)		88			222,804			1,338,084		—		—
Multimanager Mid Cap Growth Portfolio*(ab)		—		130,603		26,517		(2,450	)		(3	)		(5,029	)		—		—		4,000
Multimanager Mid Cap Value Portfolio(aa)		—		320,781		14,271		(1,226	)		(13	)		(1,621	)		—		1,914		1,097
Fixed Income
1290 VT High Yield Bond Portfolio		21,994		—		205,000		—			—			9,097			214,097		—		—
EQ/Core Bond Index Portfolio		42,199		221,114		265,598		(52,714	)		—	#		16,702			450,700		—		—
Total				31,667,631		9,611,808		(2,450,741	)		(1,102	)		447,213			39,274,809		1,914		5,097

* Non-income producing.

# Amount represents less than $0.50.

(aa) As a result of a business combination, after the close of business on June 12, 2020, the Portfolio exchanged its Class K shares in Multimanager Mid Cap Value Portfolio for Class K shares of the EQ/American Century Mid Cap Value Portfolio with a value of $266,499 (at a cost of $332,192), representing 21,987 shares of Multimanager Mid Cap Value Portfolio and 13,827 shares of EQ/American Century Mid Cap Value Portfolio, as a nontaxable transfer. These amounts are not reflected in the purchases and sales listed above.

(ab) As a result of a business combination, after the close of business on June 5, 2020, the Portfolio exchanged its Class K shares in Multimanager Mid Cap Growth Portfolio for Class K shares of the EQ/Janus Enterprise Portfolio with a value of $162,003 (at a cost of $149,638), representing 14,510 shares of Multimanager Mid Cap Growth Portfolio and 7,631 shares of EQ/Janus Enterprise Portfolio, as a nontaxable transfer. These amounts are not reflected in the purchases and sales listed above.

See Notes to Portfolio of Investments.

51

EQ PREMIER VIP TRUST

TARGET 2055 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2020 (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, 2020:

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	$	—	$	39,274,809	$	—	$	39,274,809
Total Assets	$	—	$	39,274,809	$	—	$	39,274,809
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	—	$	39,274,809	$	—	$	39,274,809

As of September 30, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	4,658,753
Aggregate gross unrealized depreciation		(717,187	)
Net unrealized appreciation	$	3,941,566
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	35,333,243

See Notes to Portfolio of Investments.

52

EQ PREMIER VIP TRUST

NOTES TO PORTFOLIO OF INVESTMENTS

September 30, 2020 (Unaudited)

Note 1 Valuation

If market quotations are not readily available for a security or other financial instrument, such security and instrument shall be referred to the Trust’s Valuation Committee (“Committee”), which will value the asset in good faith pursuant to procedures (“Pricing Procedures”) adopted by the Board of Trustees of the Trust (the “Board”).

The Board is responsible for ensuring that appropriate valuation methods are used to price securities for each Portfolio (each, a “Portfolio” and collectively, the “Portfolios”) of the EQ Premier VIP Trust (the “Trust”). The Board has delegated the responsibility of calculating the net asset value (“NAV”) of each of the Trust’s Portfolios and classes pursuant to these Pricing Procedures to the Trust’s administrator, Equitable Investment Management Group, LLC (“EIM” or the “Administrator”) (formerly, AXA Equitable Funds Management Group, LLC), a wholly-owned subsidiary of Equitable Financial Life Insurance Company (formerly, AXA Equitable Life Insurance Company). The Administrator has entered into a sub-administration agreement with JPMorgan Chase Bank, N.A. (the “Sub-Administrator”), which assists in performing certain of the duties described herein. The Committee, established by the Board, determines the value of the Trust’s securities and assets for which market quotations are not readily available or for which valuation cannot otherwise be provided in accordance with procedures adopted by the Board. The Committee is comprised of senior employees from EIM.

Due to the inherent uncertainty of valuations of such securities, the fair value may differ significantly from the values that would have been used had a ready market for such securities existed.

Various inputs are used in determining the value of the Trust’s assets or liabilities carried at fair value. These inputs are summarized in three broad levels below:

• Level 1 - quoted prices in active markets for identical assets

• Level 2 - other significant observable inputs (including quoted prices of 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)

A summary of inputs used to value each Portfolio’s assets and liabilities carried at fair value as of September 30, 2020 is included in the Portfolio of Investments for each Portfolio. Changes in valuation techniques may result in transfers in or out of an investment’s assigned level.

Transfers into and transfers out of Level 3 are included in the Level 3 reconciliation following the Portfolio of Investments for each Portfolio, if any. Transfers between levels may be due to a decline, or an increase, in market activity (e.g., frequency of trades), which may result in a lack of, or increase in, available observable market inputs to determine price.

The inputs or methodology used to value securities are not necessarily an indication of the risk associated with investing in those securities. An investment’s level within the fair value hierarchy is based on the lowest level of any input, both individually and in the aggregate, that is significant to the fair value measurement.

The Committee has the ability to meet and review reports based on the valuation techniques used to value Level 3 securities. As part of a review, the Committee would consider obtaining updates from its pricing vendors for fair valued securities. For example, with respect to model driven prices, the Committee could receive reports regarding a review and recalculation of pricing models and related discounts. For those securities which are valued based on broker quotes, the Committee may evaluate variances between existing broker quotes and any alternative broker quotes or other pricing source.

To substantiate unobservable inputs used in a fair valuation, the Secretary of the Committee can perform an independent verification as well as additional research for fair value notifications received from the pricing agents. Among other factors, particular areas of focus may include: description of security, historical pricing, intra-day price movement, last trade information, corporate actions, related securities, any available company news and announcements, any available trade data or other information. The Committee also notes the materiality of holdings and price changes on a Portfolio’s NAV.

The Committee reviews and considers changes in value for all fair valued securities that have occurred since the last review.

Pursuant to procedures approved by the Board, events or circumstances affecting the values of Portfolio securities that occur between the closing of their principal markets and the time the NAV is determined may be reflected in the Trust’s calculation of a NAV for each applicable Portfolio when the Committee deems that the particular event or circumstance would materially affect such Portfolio’s NAV. At September 30, 2020, none of the Portfolios applied these procedures.

53

Accounting for Derivative Instruments:

Derivatives accounted for as hedging instruments must be disclosed separately from those that do not qualify for hedge accounting. Even though the Portfolios may use derivatives in an attempt to achieve an economic hedge, the Portfolio’s derivatives are not accounted for as hedging instruments because the Portfolios account for their derivatives at fair value and record any changes in fair value in current period earnings. All open derivative positions at period end are reflected on each respective Portfolio’s Portfolio of Investments.

For more information on each Portfolio’s policy regarding valuation of investments and other significant accounting policies, please refer to a Portfolio’s most recent semi-annual or annual report.

54