# EDGAR Filing Document

**Accession Number:** 0001605941
**File Stem:** 0002071691-26-006518
**Filing Date:** 2026-3
**Character Count:** 334749
**Document Hash:** e55c100470e574409fe9ff4f3d8a9270
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-006518.hdr.sgml**: 20260325

**ACCESSION NUMBER**: 0002071691-26-006518

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260325

**DATE AS OF CHANGE**: 20260325

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** 1290 Funds
- **CENTRAL INDEX KEY:** 0001605941

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22959
- **FILM NUMBER:** 26791261

**BUSINESS ADDRESS:**
- **STREET 1:** 1345 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10105
- **BUSINESS PHONE:** 212-554-1234

**MAIL ADDRESS:**
- **STREET 1:** 1345 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** 1290 Funds Trust
- **DATE OF NAME CHANGE:** 20140418

## Series and Classes Contracts Data

### 1290 SmartBeta Equity Fund (Series ID: S000045912)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000143086 | Class I      | TNBIX           |
| C000143087 | Class R      | TNBRX           |
| C000143088 | Class A      | TNBAX           |

## Nport-Ex

**1290 FUNDS** 

1290 AVANTIS<sup>®</sup> U.S. LARGE CAP GROWTH FUND

PORTFOLIO OF INVESTMENTS

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Number of<br>Shares** | **Value**<br>**(Note 1)** |
|  COMMON STOCKS: |  |  |
|  **Communication Services (13.9%)** |  |  |
|  ***Diversified Telecommunication Services (0.0%)†*** |  |  |
|  GCI Liberty, Inc., Class A\* | 47 | $1761 |
|  GCI Liberty, Inc., Class C\* | 323 | 11948 |
|  Iridium Communications, Inc. | 201 | 4004 |
|  |  | 17713 |
|  ***Entertainment (1.1%)*** |  |  |
|  Live Nation Entertainment, Inc.\* | 1717 | 249738 |
|  Netflix, Inc.\* | 21540 | 1798374 |
|  Take-Two Interactive Software, Inc.\* | 492 | 108388 |
|  |  | 2156500 |
|  ***Interactive Media & Services (12.8%)*** |  |  |
|  Alphabet, Inc., Class A | 26071 | 8811998 |
|  Alphabet, Inc., Class C | 20964 | 7096943 |
|  Meta Platforms, Inc., Class A | 14106 | 10106949 |
|  Pinterest, Inc., Class A\* | 1804 | 39922 |
|  |  | 26055812 |
|  ***Media (0.0%)†*** |  |  |
|  Trade Desk, Inc. (The), Class A\* | 1862 | 56475 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Communication Services** |  | 28286500 |
|  **Consumer Discretionary (14.4%)** |  |  |
|  ***Automobiles (1.2%)*** |  |  |
|  Tesla, Inc.\* | 5635 | 2425360 |
|  ***Broadline Retail (5.7%)*** |  |  |
|  Amazon.com, Inc.\* | 46184 | 11051831 |
|  Coupang, Inc., Class A\* | 25360 | 511258 |
|  Etsy, Inc.\* | 328 | 17371 |
|  |  | 11580460 |
|  ***Diversified Consumer Services (0.0%)†*** |  |  |
|  Grand Canyon Education, Inc.\* | 243 | 42243 |
|  H&R Block, Inc. | 39 | 1539 |
|  |  | 43782 |
|  ***Hotels, Restaurants & Leisure (3.0%)*** |  |  |
|  Airbnb, Inc., Class A\* | 2546 | 329376 |
|  Booking Holdings, Inc. | 69 | 345127 |
|  Carnival Corp.\* | 5098 | 153042 |
|  Chipotle Mexican Grill, Inc.\* | 24500 | 952315 |
|  Choice Hotels International, Inc. | 896 | 92109 |
|  Darden Restaurants, Inc. | 1432 | 285469 |
|  Domino's Pizza, Inc. | 159 | 65242 |
|  Expedia Group, Inc. | 1171 | 310128 |
|  Hilton Worldwide Holdings, Inc. | 421 | 125673 |
|  Las Vegas Sands Corp. | 10243 | 540113 |
|  Marriott International, Inc., Class A | 179 | 56439 |
|  McDonald's Corp. | 334 | 105210 |
|  Norwegian Cruise Line Holdings Ltd.\* | 14801 | 325030 |
|  Planet Fitness, Inc., Class A\* | 114 | 10379 |
|  Royal Caribbean Cruises Ltd. | 4131 | 1341129 |
|  Starbucks Corp. | 1335 | 122753 |
|  Texas Roadhouse, Inc., Class A | 2941 | 528968 |
|  Travel + Leisure Co. | 65 | 4520 |
|  Viking Holdings Ltd.\* | 2136 | 154112 |
|  Wingstop, Inc. | 143 | 37957 |
|  Yum! Brands, Inc. | 812 | 126266 |
|  |  | 6011357 |
|  ***Specialty Retail (3.8%)*** |  |  |
|  AutoZone, Inc.\* | 42 | 155580 |
|  Burlington Stores, Inc.\* | 2756 | 815390 |
|  Chewy, Inc., Class A\* | 408 | 11877 |
|  Home Depot, Inc. (The) | 5114 | 1915653 |
|  Murphy USA, Inc. | 770 | 325333 |
|  O'Reilly Automotive, Inc.\* | 2040 | 200756 |
|  Ross Stores, Inc. | 3618 | 682536 |
|  TJX Cos., Inc. (The) | 11061 | 1657048 |
|  Tractor Supply Co. | 20502 | 1043142 |
|  Ulta Beauty, Inc.\* | 932 | 603340 |
|  Williams-Sonoma, Inc. | 1877 | 384128 |
|  |  | 7794783 |
|  ***Textiles, Apparel & Luxury Goods (0.7%)*** |  |  |
|  Deckers Outdoor Corp.\* | 5694 | 679522 |
|  Lululemon Athletica, Inc.\* | 2871 | 500989 |
|  Ralph Lauren Corp. | 60 | 21205 |
|  Tapestry, Inc. | 2525 | 320448 |
|  |  | 1522164 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Consumer Discretionary** |  | 29377906 |
|  **Consumer Staples (3.2%)** |  |  |
|  ***Beverages (0.8%)*** |  |  |
|  Coca-Cola Co. (The) | 6873 | 514169 |
|  Coca-Cola Consolidated, Inc. | 269 | 40904 |
|  Monster Beverage Corp.\* | 6748 | 544969 |
|  PepsiCo, Inc. | 3183 | 489004 |
|  |  | 1589046 |
|  ***Consumer Staples Distribution & Retail (2.0%)*** |  |  |
|  BJ's Wholesale Club Holdings, Inc.\* | 397 | 36699 |
|  Casey's General Stores, Inc. | 169 | 102499 |
|  Costco Wholesale Corp. | 3605 | 3389601 |
|  Sprouts Farmers Market, Inc.\* | 1996 | 141536 |
|  Sysco Corp. | 4415 | 370198 |
|  Walmart, Inc. | 145 | 17275 |
|  |  | 4057808 |
|  ***Food Products (0.1%)*** |  |  |
|  Hershey Co. (The) | 1346 | 262133 |
|  ***Household Products (0.3%)*** |  |  |
|  Colgate-Palmolive Co. | 2284 | 206222 |
|  Kimberly-Clark Corp. | 4029 | 402860 |
|  |  | 609082 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Consumer Staples** |  | 6518069 |
|  **Energy (1.5%)** |  |  |
|  ***Oil, Gas & Consumable Fuels (1.5%)*** |  |  |
|  Cheniere Energy, Inc. | 4268 | 902767 |
|  HF Sinclair Corp. | 222 | 11542 |
|  Phillips 66 | 308 | 44216 |
|  Targa Resources Corp. | 8116 | 1631154 |
|  Texas Pacific Land Corp. | 1407 | 490143 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Energy** |  | 3079822 |
|  **Financials (6.4%)** |  |  |
|  ***Banks (0.1%)*** |  |  |
|  Citigroup, Inc. | 321 | 37143 |
|  Pinnacle Financial Partners, Inc. | 41 | 3899 |
|  Popular, Inc. | 148 | 19762 |
|  Western Alliance Bancorp | 443 | 39493 |
|  |  | 100297 |
|  ***Capital Markets (1.9%)*** |  |  |
|  Ameriprise Financial, Inc. | 2751 | 1450300 |
|  Blackstone, Inc. | 2528 | 360038 |
|  Charles Schwab Corp. (The) | 930 | 96646 |
|  FactSet Research Systems, Inc. | 117 | 29760 |
|  Goldman Sachs Group, Inc. (The) | 369 | 345166 |
|  KKR & Co., Inc. | 1243 | 142025 |
|  Lazard, Inc. | 288 | 15471 |
|  LPL Financial Holdings, Inc. | 2046 | 745767 |
|  Moody's Corp. | 1116 | 575365 |
|  MSCI, Inc. | 125 | 76152 |
|  Robinhood Markets, Inc., Class A\* | 718 | 71427 |
|  |  | 3908117 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 AVANTIS<sup>®</sup> U.S. LARGE CAP GROWTH FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Number of<br>Shares** | **Value**<br>**(Note 1)** |
|  ***Consumer Finance (0.5%)*** |  |  |
|  Ally Financial, Inc. | 1338 | $56571 |
|  American Express Co. | 2700 | 950859 |
|  Credit Acceptance Corp.\* | 15 | 7473 |
|  SLM Corp. | 719 | 19521 |
|  SoFi Technologies, Inc.\* | 1606 | 36633 |
|  |  | 1071057 |
|  ***Financial Services (3.6%)*** |  |  |
|  Apollo Global Management, Inc. | 5138 | 691266 |
|  Block, Inc., Class A\* | 1625 | 98199 |
|  Mastercard, Inc., Class A | 5400 | 2909466 |
|  Visa, Inc., Class A | 11179 | 3597738 |
|  |  | 7296669 |
|  ***Insurance (0.3%)*** |  |  |
|  Kinsale Capital Group, Inc. | 464 | 183688 |
|  Markel Group, Inc.\* | 59 | 120398 |
|  Progressive Corp. (The) | 1456 | 302848 |
|  |  | 606934 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Financials** |  | 12983074 |
|  **Health Care (5.9%)** |  |  |
|  ***Biotechnology (2.0%)*** |  |  |
|  AbbVie, Inc. | 6126 | 1366159 |
|  Amgen, Inc. | 2003 | 684786 |
|  Exelixis, Inc.\* | 9528 | 394078 |
|  Gilead Sciences, Inc. | 4934 | 700381 |
|  Vertex Pharmaceuticals, Inc.\* | 2111 | 991959 |
|  |  | 4137363 |
|  ***Health Care Equipment & Supplies (1.5%)*** |  |  |
|  Dexcom, Inc.\* | 7849 | 573291 |
|  IDEXX Laboratories, Inc.\* | 1724 | 1155873 |
|  Insulet Corp.\* | 180 | 46046 |
|  Intuitive Surgical, Inc.\* | 1436 | 724060 |
|  Masimo Corp.\* | 1422 | 195283 |
|  ResMed, Inc. | 974 | 251594 |
|  |  | 2946147 |
|  ***Health Care Providers & Services (0.5%)*** |  |  |
|  Cardinal Health, Inc. | 425 | 91324 |
|  Cencora, Inc. | 1908 | 685392 |
|  DaVita, Inc.\* | 19 | 2077 |
|  HCA Healthcare, Inc. | 104 | 50780 |
|  McKesson Corp. | 281 | 233570 |
|  |  | 1063143 |
|  ***Health Care Technology (0.1%)*** |  |  |
|  Veeva Systems, Inc., Class A\* | 1241 | 253065 |
|  ***Life Sciences Tools & Services (0.2%)*** |  |  |
|  Medpace Holdings, Inc.\* | 221 | 128728 |
|  Waters Corp.\* | 645 | 239115 |
|  |  | 367843 |
|  ***Pharmaceuticals (1.6%)*** |  |  |
|  Bristol-Myers Squibb Co. | 542 | 29837 |
|  Eli Lilly & Co. | 2517 | 2610506 |
|  Zoetis, Inc. | 4235 | 528613 |
|  |  | 3168956 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Health Care** |  | 11936517 |
|  **Industrials (7.0%)** |  |  |
|  ***Aerospace & Defense (0.9%)*** |  |  |
|  Boeing Co. (The)\* | 203 | 47445 |
|  BWX Technologies, Inc. | 540 | 110932 |
|  Carpenter Technology Corp. | 98 | 31147 |
|  GE Aerospace | 2882 | 884169 |
|  Lockheed Martin Corp. | 1027 | 651344 |
|  TransDigm Group, Inc. | 24 | 34261 |
|  |  | 1759298 |
|  ***Building Products (0.4%)*** |  |  |
|  Armstrong World Industries, Inc. | 333 | 61185 |
|  Carlisle Cos., Inc. | 45 | 15340 |
|  Lennox International, Inc. | 952 | 471316 |
|  Simpson Manufacturing Co., Inc. | 74 | 13082 |
|  Trane Technologies plc | 627 | 263704 |
|  |  | 824627 |
|  ***Commercial Services & Supplies (0.7%)*** |  |  |
|  Cintas Corp. | 2048 | 391967 |
|  Copart, Inc.\* | 7396 | 300130 |
|  Rollins, Inc. | 2737 | 173361 |
|  Waste Management, Inc. | 2566 | 570268 |
|  |  | 1435726 |
|  ***Construction & Engineering (0.7%)*** |  |  |
|  Comfort Systems USA, Inc. | 955 | 1090706 |
|  EMCOR Group, Inc. | 528 | 380545 |
|  |  | 1471251 |
|  ***Electrical Equipment (1.0%)*** |  |  |
|  GE Vernova, Inc. | 1644 | 1194152 |
|  Vertiv Holdings Co., Class A | 4605 | 857359 |
|  |  | 2051511 |
|  ***Ground Transportation (0.9%)*** |  |  |
|  Avis Budget Group, Inc.(x)\* | 19 | 2185 |
|  Lyft, Inc., Class A\* | 2004 | 33808 |
|  Old Dominion Freight Line, Inc. | 1640 | 284048 |
|  Uber Technologies, Inc.\* | 10945 | 876147 |
|  U-Haul Holding Co. (Nasdaq Stock Exchange)\* | 89 | 5033 |
|  U-Haul Holding Co. (New York Stock Exchange) | 1153 | 59160 |
|  Union Pacific Corp. | 2396 | 563300 |
|  |  | 1823681 |
|  ***Machinery (0.8%)*** |  |  |
|  Caterpillar, Inc. | 1669 | 1097134 |
|  Illinois Tool Works, Inc. | 1690 | 441529 |
|  |  | 1538663 |
|  ***Passenger Airlines (0.0%)†*** |  |  |
|  Alaska Air Group, Inc.\* | 492 | 25009 |
|  American Airlines Group, Inc.\* | 1490 | 19817 |
|  Southwest Airlines Co. | 389 | 18485 |
|  |  | 63311 |
|  ***Professional Services (0.5%)*** |  |  |
|  Broadridge Financial Solutions, Inc. | 174 | 34297 |
|  Paychex, Inc. | 2979 | 307224 |
|  Paycom Software, Inc. | 1606 | 216408 |
|  Verisk Analytics, Inc. | 2160 | 469714 |
|  |  | 1027643 |
|  ***Trading Companies & Distributors (1.1%)*** |  |  |
|  Fastenal Co. | 21791 | 944858 |
|  W.W. Grainger, Inc. | 1101 | 1189014 |
|  |  | 2133872 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Industrials** |  | 14129583 |
|  **Information Technology (46.8%)** |  |  |
|  ***Communications Equipment (1.0%)*** |  |  |
|  Arista Networks, Inc.\* | 9010 | 1277077 |
|  Motorola Solutions, Inc. | 1414 | 569192 |
|  Ubiquiti, Inc. | 163 | 89881 |
|  |  | 1936150 |
|  ***Electronic Equipment, Instruments & Components (0.5%)*** |  |  |
|  Amphenol Corp., Class A | 1640 | 236291 |
|  CDW Corp. | 1289 | 162917 |
|  Jabil, Inc. | 2650 | 628553 |
|  |  | 1027761 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 AVANTIS<sup>®</sup> U.S. LARGE CAP GROWTH FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Number of<br>Shares** | **Value**<br>**(Note 1)** |
|  ***IT Services (0.0%)†*** |  |  |
|  Gartner, Inc.\* | 382 | $80071 |
|  Kyndryl Holdings, Inc.\* | 378 | 8694 |
|  Twilio, Inc., Class A\* | 73 | 8794 |
|  |  | 97559 |
|  ***Semiconductors & Semiconductor Equipment (21.6%)*** |  |  |
|  Advanced Micro Devices, Inc.\* | 5573 | 1319296 |
|  Applied Materials, Inc. | 5285 | 1703461 |
|  Broadcom, Inc. | 24495 | 8115194 |
|  KLA Corp. | 2184 | 3118621 |
|  Lam Research Corp. | 22345 | 5216664 |
|  Monolithic Power Systems, Inc. | 201 | 225954 |
|  NVIDIA Corp. | 120323 | 22997335 |
|  QUALCOMM, Inc. | 5470 | 829197 |
|  Texas Instruments, Inc. | 1688 | 363848 |
|  |  | 43889570 |
|  ***Software (12.9%)*** |  |  |
|  Adobe, Inc.\* | 1888 | 553656 |
|  AppLovin Corp., Class A\* | 2746 | 1299160 |
|  Autodesk, Inc.\* | 1424 | 360087 |
|  Circle Internet Group, Inc., Class A\* | 45 | 2877 |
|  Dropbox, Inc., Class A\* | 875 | 22295 |
|  Fair Isaac Corp.\* | 128 | 187286 |
|  Fortinet, Inc.\* | 9246 | 751330 |
|  Intuit, Inc. | 1601 | 798771 |
|  Microsoft Corp. | 42394 | 18241714 |
|  Nutanix, Inc., Class A\* | 445 | 17502 |
|  Oracle Corp. | 8390 | 1380826 |
|  Palantir Technologies, Inc., Class A\* | 11588 | 1698685 |
|  Pegasystems, Inc. | 1058 | 46224 |
|  RingCentral, Inc., Class A\* | 519 | 13432 |
|  Rubrik, Inc., Class A\* | 34 | 1902 |
|  Salesforce, Inc. | 1383 | 293597 |
|  ServiceNow, Inc.\* | 4965 | 580955 |
|  Strategy, Inc.\* | 26 | 3892 |
|  |  | 26254191 |
|  ***Technology Hardware, Storage & Peripherals (10.8%)*** |  |  |
|  Apple, Inc. | 84166 | 21839394 |
|  Dell Technologies, Inc., Class C | 29 | 3319 |
|  NetApp, Inc. | 1222 | 117740 |
|  Super Micro Computer, Inc.\* | 2632 | 76617 |
|  |  | 22037070 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Information Technology** |  | 95242301 |
|  **Materials (0.3%)** |  |  |
|  ***Chemicals (0.2%)*** |  |  |
|  Sherwin-Williams Co. (The) | 1340 | 475217 |
|  ***Construction Materials (0.1%)*** |  |  |
|  Eagle Materials, Inc. | 1054 | 214816 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Materials** |  | 690033 |
|  **Real Estate (0.0%)†** |  |  |
|  ***Real Estate Management & Development (0.0%)†*** |  |  |
|  Jones Lang LaSalle, Inc.\* | 209 | 74803 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Real Estate** |  | 74803 |
|  **Utilities (0.6%)** |  |  |
|  ***Electric Utilities (0.1%)*** |  |  |
|  NRG Energy, Inc. | 905 | 138130 |
|  ***Independent Power and Renewable Electricity Producers (0.5%)*** |  |  |
|  Vistra Corp. | 6741 | 1067438 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Utilities** |  | 1205568 |
|  **Total Common Stocks (100.0%)**<br> *(Cost $149,010,955)* |  | 203524176 |
|  SHORT-TERM INVESTMENTS: |  |  |
|  **Investment Companies (0.0%**)**†** |  |  |
|  Invesco Government & Agency Portfolio, Institutional Shares 3.61% (7 day yield) (xx) | 2006 | 2006 |
|  **Total Short-Term Investments (0.0%)†**<br> *(Cost $2,006)* |  | 2006 |
|  **Total Investments in Securities (100.0%)**<br> *(Cost $149,012,961)* |  | 203526182 |
|  **Other Assets Less Liabilities (0.0%)†** |  | 65931 |
|  **Net Assets (100%)** |  | $203592113 |

---

*\** *Non-income producing.* 

*†* *Percent shown is less than 0.05%.* 

*(x)* *All or a portion of security is on loan at January 31, 2026.* 

*(xx)* *At January 31, 2026, the Fund had loaned securities with a total value of $1,955. This was collateralized by cash of $2,006 which was subsequently invested in investment companies.* 

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 AVANTIS<sup>®</sup> U.S. LARGE CAP GROWTH FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

The following is a summary of the inputs, summarized in three broad levels, used to value the Fund's assets and liabilities carried at fair value as of January 31, 2026:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investment Type** | **Level 1<br>Quoted Prices in Active<br>Markets for Identical<br>Securities** | **Level 2<br>Significant Other<br>Observable Inputs<br>(including quoted prices<br>for similar securities,<br>interest rates,<br>prepayment speeds,<br>credit risk, etc.)** | **Level 3<br>Significant Unobservable<br>Inputs (including the<br>Fund's own<br>assumptions in<br>determining the fair<br>value of investments)** | **Total** |
|  **Assets:** |  |  |  |  |
|  **Common Stocks** |  |  |  |  |
|  Communication Services | $28286500 | $— | $— | $28286500 |
|  Consumer Discretionary | 29377906 |  |  | 29377906 |
|  Consumer Staples | 6518069 |  |  | 6518069 |
|  Energy | 3079822 |  |  | 3079822 |
|  Financials | 12983074 |  |  | 12983074 |
|  Health Care | 11936517 |  |  | 11936517 |
|  Industrials | 14129583 |  |  | 14129583 |
|  Information Technology | 95242301 |  |  | 95242301 |
|  Materials | 690033 |  |  | 690033 |
|  Real Estate | 74803 |  |  | 74803 |
|  Utilities | 1205568 |  |  | 1205568 |
|  **Short-Term Investments** |  |  |  |  |
|  Investment Companies | 2006 |  |  | 2006 |
|  **Total Assets** | $**203526182** | $**—** | $**—** | $**203526182** |
|  **Total Liabilities** | $**—** | $**—** | $**—** | $**—** |
|  **Total** | $**203526182** | $**—** | $**—** | $**203526182** |

---

As of January 31, 2026, 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 | $58338763 |
|  Aggregate gross unrealized depreciation | (3828025) |
|  Net unrealized appreciation | $54510738 |
|  Federal income tax cost of investments in securities and derivative instruments, if applicable | $149015444 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 DIVERSIFIED BOND FUND

PORTFOLIO OF INVESTMENTS

January 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
|  | **Principal<br>Amount** | **Principal<br>Amount** | **Value**<br>**(Note 1)** |
|  LONG-TERM DEBT SECURITIES: |  |  |  |
|  **Asset-Backed Securities (12.0%)** |  |  |  |
|  Cloud Capital Holdco LP, |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-1A A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.781%, 11/22/49§ | $| 4830000 | $4848557 |
|  Consolidated Communications LLC, |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-1A B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.506%, 5/20/55§ |  | 5265000 | 5394515 |
|  CPS Auto Receivables Trust, |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-C E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.080%, 4/15/30§ |  | 2400000 | 2524289 |
|  Octagon 55 Ltd., |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-1A D1R |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.418%, 3/20/38(l)§ |  | 2985000 | 3010155 |
|  OHA Credit Funding 2 Ltd., |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-2A D1R2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.370%, 1/21/38(l)§ |  | 4650000 | 4654724 |
|  Point Broadband Funding LLC, |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-1A A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.336%, 7/20/55§ |  | 4650000 | 4689220 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-1A B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.727%, 7/20/55§ |  | 6070000 | 6149966 |
|  Stack Infrastructure Issuer LLC, |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-2A A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 7/25/48§ |  | 9675000 | 9713343 |
|  TRTX Issuer Ltd., |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-FL6 C |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.071%, 9/18/42(l)§ |  | 6760000 | 6759340 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-FL7 A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 6/18/43(l)§ |  | 4830000 | 4833016 |
|  Zayo Issuer LLC, |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-1A A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.648%, 3/20/55§ |  | 1700000 | 1729255 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-2A A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.953%, 6/20/55§ |  | 12440000 | 12770064 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-3A A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.570%, 10/20/55§ |  | 1200000 | 1208959 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Asset-Backed Securities** |  |  | 68285403 |
|  **Collateralized Mortgage Obligations (4.2%)** | **Collateralized Mortgage Obligations (4.2%)** | **Collateralized Mortgage Obligations (4.2%)** |  |
|  Connecticut Avenue Securities Trust, |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-R04 1B1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.947%, 3/25/42(l)§ |  | 4340000 | 4545659 |
|  FHLMC STACR REMIC Trust, |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-DNA2 B1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.447%, 2/25/42(l)§ |  | 2430000 | 2519058 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-DNA6 M2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.447%, 9/25/42(l)§ |  | 6300000 | 6774237 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-HQA2 M1B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.697%, 7/25/42(l)§ |  | 1800000 | 1877831 |
|  JP Morgan Mortgage Trust, |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-VIS1 A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.695%, 8/25/55(e)§ |  | 7869013 | 7941856 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Collateralized Mortgage Obligations** |  |  | 23658641 |
|  **Commercial Mortgage-Backed Securities (5.4%)** | **Commercial Mortgage-Backed Securities (5.4%)** | **Commercial Mortgage-Backed Securities (5.4%)** |  |
|  FHLMC MSCR Trust, |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-MN10 M2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.547%, 2/25/45(l)§ |  | 3290000 | 3324567 |
|  Multifamily Connecticut Avenue Securities Trust, |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-01 M10 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.062%, 10/25/49(l)§ |  | 7065545 | 7176703 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-01 M10 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.197%, 11/25/53(l)§ |  | 10480000 | 11987224 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-01 M7 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.447%, 7/25/54(l)§ |  | 8304669 | 8401127 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities** |  |  | 30889621 |
|  **Convertible Bond (0.3%)** |  |  |  |
|  **Information Technology (0.3%)** |  |  |  |
|  ***Software (0.3%)*** |  |  |  |
|  IREN Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (Zero Coupon), 7/1/31§ |  | 1872000 | 1726920 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Information Technology** |  |  | 1726920 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Convertible Bond** |  |  | 1726920 |
|  **Corporate Bonds (4.4%)** |  |  |  |
|  **Consumer Discretionary (0.0%)†** |  |  |  |
|  ***Broadline Retail (0.0%)†*** |  |  |  |
|  SGUS LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 11.000%, 12/15/29(h)§ |  | 1719100 | 51573 |
|  ***Specialty Retail (0.0%)†*** |  |  |  |
|  Saks Global Enterprises LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 11.000%, 12/15/29(h)§ |  | 2597900 | 3177 |
|  |  |  | 3177 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Consumer Discretionary** |  |  | 54750 |
|  **Energy (0.3%)** |  |  |  |
|  ***Oil, Gas & Consumable Fuels (0.3%)*** |  |  |  |
|  NFE Financing LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 12.000%, 11/15/29§ |  | 4906200 | 1741701 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Energy** |  |  | 1741701 |
|  **Financials (3.5%)** |  |  |  |
|  ***Banks (0.5%)*** |  |  |  |
|  Wells Fargo & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series BB |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.45%), 3.900%, 3/15/26(k)(y) |  | 2770000 | 2767751 |
|  ***Capital Markets (2.3%)*** |  |  |  |
|  Charles Schwab Corp. (The) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series I |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.17%), 4.000%, 6/1/26(k)(y) |  | 4690000 | 4660688 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 DIVERSIFIED BOND FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal<br>Amount** | **Value<br>(Note 1)** |
|  Golub Capital BDC, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 8/24/26 | $4705000 | $4652491 |
|  UBS Group AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.10%), 3.875%, 6/2/26(k)(y)§ | 3830000 | 3810850 |
|  |  | 13124029 |
|  ***Consumer Finance (0.2%)*** |  |  |
|  American Express Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 2.85%), 3.550%, 9/15/26(k)(y) | 865000 | 856350 |
|  ***Financial Services (0.5%)*** |  |  |
|  Freedom Mortgage Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 1/15/27§ | 2870000 | 2863686 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Financials** |  | 19611816 |
|  **Real Estate (0.3%)** |  |  |
|  ***Diversified REITs (0.2%)*** |  |  |
|  Trust Fibra Uno (REIT) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.700%, 1/23/32§ | 1145000 | 1250798 |
|  ***Industrial REITs (0.1%)*** |  |  |
|  Trust 2401 (REIT) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.700%, 1/23/32§ | 575000 | 631264 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Real Estate** |  | 1882062 |
|  **Utilities (0.3%)** |  |  |
|  ***Independent Power and Renewable Electricity Producers (0.3%)*** |  |  |
|  FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 1/31/41§ | 1535286 | 1596867 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Utilities** |  | 1596867 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Corporate Bonds** |  | 24887196 |
|  **Foreign Government Securities (25.9%)** | **Foreign Government Securities (25.9%)** |  |
|  Argentine Republic |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.750%, 7/9/30(e) | 3398400 | 2878444 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 7/9/35(e) | 8170000 | 6331750 |
|  Commonwealth of Australia |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 10/21/36(m) | 34760000 | 23019559 |
|  Mex Bonos Desarr Fix Rt |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 7/31/53 | 391200000 | 19529892 |
|  New Zealand Government Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.500%, 5/15/26 | 19050000 | 11408411 |
|  Notas do Tesouro Nacional |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.000%, 1/1/33 | 71010000 | 11584232 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.000%, 1/1/35 | 213590000 | 33932459 |
|  Oriental Republic of Uruguay |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 10/29/35 | 240381000 | 6480263 |
|  Republic of Ecuador |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 1/29/34§ | $3390000 | 3422510 |
|  Titulos de Tesoreria |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 13.250%, 2/9/33 | 6970000000 | 1944814 |
| &nbsp;&nbsp;&nbsp;&nbsp; 11.750%, 1/24/35 | 8890000000 | 2309160 |
| &nbsp;&nbsp;&nbsp;&nbsp; 11.500%, 7/25/46 | 90300000000 | 22524133 |
| &nbsp;&nbsp;&nbsp;&nbsp; 12.000%, 3/13/58 | 8890000000 | 2310772 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Foreign Government Securities** |  | 147676399 |
|  **Mortgage-Backed Securities (7.2%)** |  |  |
|  GNMA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 4/20/54 | $3036965 | 3116560 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 10/20/54 | 8149611 | 8353652 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 11/20/54 | 6151887 | 6303507 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 12/20/54 | 5534594 | 5672297 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 1/20/55 | 9522555 | 9746834 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 2/20/55 | 7447478 | 7622303 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Mortgage-Backed Securities** |  | 40815153 |
|  **U.S. Treasury Obligations (27.9%)** |  |  |
|  U.S. Treasury Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 5/15/55 | 61450000 | 60252585 |
|  U.S. Treasury Notes |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (US Treasury 3 Month Bill Money Market Yield + 0.16%), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.772%, 7/31/27(k) | 18540000 | 18560567 |
| &nbsp;&nbsp;&nbsp;&nbsp; (US Treasury 3 Month Bill Money Market Yield + 0.19%), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.803%, 10/31/27(k) | 23870000 | 23911610 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 8/15/35(x) | 56420000 | 56541213 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Obligations** |  | 159265975 |
|  **Total Long-Term Debt Securities (87.3%)**<br> (Cost $496,155,991) |  | 497205308 |
|  SHORT-TERM INVESTMENTS: |  |  |
|  **Foreign Government Treasury Bills (8.1%)** |  |  |
|  Arab Republic of Egypt |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 48.86%, 2/3/26(p) | 841200000 | 17852870 |
| &nbsp;&nbsp;&nbsp;&nbsp; 24.53%, 4/21/26(m)(p) | 934300000 | 18892748 |
| &nbsp;&nbsp;&nbsp;&nbsp; 23.99%, 10/20/26(p) | 510200000 | 9274595 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Foreign Government Treasury Bills** |  | 46020213 |
|  | **Number of**<br>**Shares** |  |
|  **Investment Companies (1.4%)** |  |  |
|  JPMorgan Prime Money Market Fund, IM Shares |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.86% (7 day yield) | 8281888 | 8285201 |
|  **Total Short-Term Investments (9.5%)**<br> *(Cost $53,514,054)* |  | 54305414 |
|  **Total Investments in Securities (96.8%)**<br> *(Cost $549,670,045)* |  | 551510722 |
|  **Other Assets Less Liabilities (3.2%)** |  | 17978926 |
|  **Net Assets (100%)** |  | $569489648 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 DIVERSIFIED BOND FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

*†* *Percent shown is less than 0.05%.* 

---

| | |
|:---|:---|
| *§* | *Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may only be resold to qualified institutional buyers. At January 31, 2026, the market value of these securities amounted to $139,933,011 or 24.6% of net assets.*  |

---

*(e)* *Step Bond - Coupon rate increases or decreases in increments to maturity. Rate disclosed is as of January 31, 2026. Maturity date disclosed is the ultimate maturity date.* 

*(h)* *Defaulted security. A security is classified as defaulted if the issuer files for bankruptcy or fails to make a scheduled interest or principal payment within the grace period set forth in the security's governing documents.* 

*(k)* *Variable or floating rate security, linked to the referenced benchmark. The interest rate shown was the current rate as of January 31, 2026.* 

*(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 January 31, 2026.* 

*(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 January 31, 2026, the market value or fair value, as applicable, of these securities amounted to $41,912,307 or 7.4% of net assets.* 

*(p)* *Yield to maturity.* 

*(x)* *All or a portion of security is on loan at January 31, 2026, the Portfolio had loaned securities with a total value of $20,438,773. This was collateralized by $20,862,959 of various U.S. Government Treasury Securities, ranging from 0.125% – 4.500%, maturing 4/15/26 – 2/15/55.* 

*(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 January 31, 2026.* 

*Glossary:* 

*AUD — Australian Dollar* 

*BRL — Brazilian Real* 

*CAD — Canadian Dollar* 

*CHF — Swiss Franc* 

*COP — Colombian Peso* 

*CZK — Czech Koruna* 

*EGP — Egyptian Pound* 

*EUR — European Currency Unit* 

*FHLMC — Federal Home Loan Mortgage Corp.* 

*GBP — British Pound* 

*GNMA — Government National Mortgage Association* 

*JPY — Japanese Yen* 

*KRW — Korean (South) Won* 

*MXN — Mexican Peso* 

*NOK — Norwegian Krone* 

*NZD — New Zealand Dollar* 

*REIT — Real Estate Investment Trust* 

*REMIC — Real Estate Mortgage Investment Conduit* 

*STACR — Structured Agency Credit Risk* 

*USD — United States Dollar* 

*UYU — Uruguayan Peso* 

*ZAR — South African Rand* 

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 DIVERSIFIED BOND FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

**Futures contracts outstanding as of January 31, 2026 (Note 1):** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of<br>Contracts** | **Expiration<br>Date** | **Trading<br>Currency** | **Notional<br>Amount ($)** | **Value and<br>Unrealized<br>Appreciation<br>(Depreciation) ($)** |
|  **Long Contracts** |  |  |  |  |  |
|  Australia 10 Year Bond | 1181 | 3/2026 | AUD | 89765319 | (524472) |
|  Long Gilt | 267 | 3/2026 | GBP | 33191997 | (108828) |
|  |  |  |  |  | (633300) |
|  **Short Contracts** |  |  |  |  |  |
|  Canada 10 Year Bond | (610) | 3/2026 | CAD | (54242133) | 728502 |
|  U.S. Treasury 10 Year Ultra |  |  |  |  |  |
|  Note | (638) | 3/2026 | USD | (72831688) | 396014 |
|  |  |  |  |  | 1124516 |
|  |  |  |  |  | 491216 |

---

**Forward Foreign Currency Contracts outstanding as of January 31, 2026 (Note 1):** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Currency Purchased** | **Currency Purchased** | **Currency Sold** | **Currency Sold** | **Counterparty** | **Settlement<br>Date** | **Unrealized<br>Appreciation<br>(Depreciation) ($)** |
|  MXN | 455400000 | USD | 24734271 | Citibank NA | 2/13/2026 | 1301845 |
|  MXN | 522700000 | USD | 28563303 | Wells Fargo Bank NA | 2/13/2026 | 1320487 |
|  NZD | 97050000 | USD | 55760196 | Goldman Sachs Bank USA | 2/27/2026 | 2722585 |
|  USD | 12630184 | NZD | 20900000 | HSBC Bank plc | 2/27/2026 | 35746 |
|  AUD | 24780000 | USD | 17152766 | Citibank NA | 3/13/2026 | 101367 |
|  AUD | 16280000 | USD | 11098157 | HSBC Bank plc | 3/13/2026 | 237487 |
|  NOK | 565000000 | USD | 56251133 | Citibank NA | 3/16/2026 | 2405442 |
|  USD | 11395293 | GBP | 8270000 | Wells Fargo Bank NA | 4/17/2026 | 80242 |
|  JPY | 2697000000 | USD | 17122153 | Morgan Stanley | 4/24/2026 | 426404 |
|  KRW | 24800000000 | USD | 17241595 | Citibank NA\*\* | 4/28/2026 | 41475 |
|  **Total unrealized appreciation** | **Total unrealized appreciation** | **Total unrealized appreciation** | **Total unrealized appreciation** | **Total unrealized appreciation** |  | 8673080 |
|  EUR | 720000 | USD | 860862 | Wells Fargo Bank NA | 2/6/2026 | (7290) |
|  USD | 56530792 | EUR | 48200000 | JPMorgan Chase Bank | 2/6/2026 | (611093) |
|  KRW | 120180000000 | USD | 84319091 | Citibank NA\*\* | 2/10/2026 | (802760) |
|  USD | 50381015 | KRW | 73840000000 | Citibank NA\*\* | 2/10/2026 | (932396) |
|  CZK | 11600000 | USD | 571818 | HSBC Bank plc | 2/12/2026 | (6840) |
|  USD | 28226750 | CZK | 590800000 | Goldman Sachs Bank USA | 2/12/2026 | (548150) |
|  USD | 35477219 | MXN | 660600000 | Citibank NA | 2/13/2026 | (2290586) |
|  USD | 17031915 | MXN | 317500000 | Goldman Sachs Bank USA | 2/13/2026 | (1120186) |
|  USD | 27518782 | NZD | 47860000 | Barclays Bank plc | 2/27/2026 | (1321877) |
|  USD | 5562724 | AUD | 8320000 | HSBC Bank plc | 3/13/2026 | (230431) |
|  USD | 1368335 | NOK | 13200000 | Wells Fargo Bank NA | 3/16/2026 | (2048) |
|  COP | 14880000000 | USD | 4028863 | Barclays Bank plc\*\* | 3/19/2026 | (38523) |
|  USD | 23515642 | COP | 92530000000 | Barclays Bank plc\*\* | 3/19/2026 | (1297943) |
|  ZAR | 182100000 | USD | 11356904 | Goldman Sachs Bank USA | 3/30/2026 | (131201) |
|  USD | 16884106 | CHF | 13290000 | Morgan Stanley | 4/16/2026 | (443995) |
|  USD | 49059014 | CHF | 38630000 | UBS AG | 4/16/2026 | (1308522) |
|  USD | 28194479 | CAD | 38830000 | Citibank NA | 4/21/2026 | (415314) |
|  JPY | 1727000000 | USD | 11389942 | JPMorgan Chase Bank | 4/24/2026 | (152880) |
|  USD | 17212001 | JPY | 2697000000 | JPMorgan Chase Bank | 4/24/2026 | (336556) |
|  **Total unrealized depreciation** | **Total unrealized depreciation** | **Total unrealized depreciation** | **Total unrealized depreciation** | **Total unrealized depreciation** |  | (11998591) |
|  **Net unrealized depreciation** | **Net unrealized depreciation** | **Net unrealized depreciation** | **Net unrealized depreciation** | **Net unrealized depreciation** |  | (3325511) |

---

*\*\** *Non-deliverable forward.* 

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 DIVERSIFIED BOND FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

The following is a summary of the inputs, summarized in three broad levels, used to value the Fund's assets and liabilities carried at fair value as of January 31, 2026:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investment Type** | **Level 1<br>Quoted Prices in Active<br>Markets for Identical<br>Securities** | **Level 2<br>Significant Other<br>Observable Inputs<br>(including quoted prices<br>for similar securities,<br>interest rates,<br>prepayment speeds,<br>credit risk, etc.)** | **Level 3<br>Significant Unobservable<br>Inputs (including the<br>Fund's own assumptions<br>in determining the fair<br>value of investments)** | **Total** |
|  **Assets:** |  |  |  |  |
|  **Asset-Backed Securities** | $— | $68285403 | $— | $68285403 |
|  **Collateralized Mortgage Obligations** |  | 23658641 |  | 23658641 |
|  **Commercial Mortgage-Backed Securities** |  | 30889621 |  | 30889621 |
|  **Convertible Bonds** |  |  |  |  |
|  Information Technology |  | 1726920 |  | 1726920 |
|  **Corporate Bonds** |  |  |  |  |
|  Consumer Discretionary |  | 54750 |  | 54750 |
|  Energy |  | 1741701 |  | 1741701 |
|  Financials |  | 19611816 |  | 19611816 |
|  Real Estate |  | 1882062 |  | 1882062 |
|  Utilities |  | 1596867 |  | 1596867 |
|  **Foreign Government Securities** |  | 147676399 |  | 147676399 |
|  **Forward Currency Contracts** |  | 8673080 |  | 8673080 |
|  **Futures** | 1124516 |  |  | 1124516 |
|  **Mortgage-Backed Securities** |  | 40815153 |  | 40815153 |
|  **Short-Term Investments** |  |  |  |  |
|  Foreign Government Treasury Bills |  | 46020213 |  | 46020213 |
|  Investment Companies | 8285201 |  |  | 8285201 |
|  **U.S. Treasury Obligations** |  | 159265975 |  | 159265975 |
|  **Total Assets** | $**9409717** | $**551898601** | $**—** | $**561308318** |
|  **Liabilities:** |  |  |  |  |
|  **Forward Currency Contracts** | $— | $(11998591) | $— | $(11998591) |
|  **Futures** | (633300) |  |  | (633300) |
|  **Total Liabilities** | $**(633300)** | $**(11998591)** | $**—** | $**(12631891)** |
|  **Total** | $**8776417** | $**539900010** | $**—** | $**548676427** |

---

As of January 31, 2026, 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 | $20355295 |
|  Aggregate gross unrealized depreciation | (23625659) |
|  Net unrealized depreciation | $(3270364) |
|  Federal income tax cost of investments in securities and derivative instruments, if applicable | $551946791 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 ESSEX SMALL CAP GROWTH FUND

PORTFOLIO OF INVESTMENTS

January 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
|  | **Number of<br>Shares** |  | **Value**<br>**(Note 1)** |
|  COMMON STOCKS: |  |  |  |
|  **Communication Services (2.6%)** |  |  |  |
|  ***Diversified Telecommunication Services (1.6%)*** | ***Diversified Telecommunication Services (1.6%)*** | **** |  |
|  Globalstar, Inc.\* | 25848 |  | $1592754 |
|  ***Entertainment (0.5%)*** |  |  |  |
|  CuriosityStream, Inc. | 138619 |  | 515663 |
|  ***Interactive Media & Services (0.5%)*** |  |  |  |
|  EverQuote, Inc., Class A\* | 23862 |  | 541667 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Communication Services** |  |  | 2650084 |
|  **Consumer Discretionary (5.5%)** |  |  |  |
|  ***Automobile Components (2.0%)*** |  |  |  |
|  Gentherm, Inc.\* | 26676 |  | 852565 |
|  Patrick Industries, Inc. | 9211 |  | 1162152 |
|  |  |  | 2014717 |
|  ***Automobiles (1.2%)*** |  |  |  |
|  Winnebago Industries, Inc. | 26354 |  | 1209912 |
|  ***Diversified Consumer Services (2.3%)*** |  |  |  |
|  Lincoln Educational Services Corp.\* | 87567 |  | 2334536 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Consumer Discretionary** |  |  | 5559165 |
|  **Consumer Staples (1.2%)** |  |  |  |
|  ***Food Products (1.2%)*** |  |  |  |
|  Mama's Creations, Inc.\* | 76190 |  | 1150469 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Consumer Staples** |  |  | 1150469 |
|  **Energy (4.1%)** |  |  |  |
|  ***Energy Equipment & Services (3.6%)*** |  |  |  |
|  Expro Group Holdings NV\* | 35236 |  | 564128 |
|  Oceaneering International, Inc.\* | 37236 |  | 1120804 |
|  TETRA Technologies, Inc.\* | 172583 |  | 1967446 |
|  |  |  | 3652378 |
|  ***Oil, Gas & Consumable Fuels (0.5%)*** |  |  |  |
|  Matador Resources Co. | 10099 |  | 456879 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Energy** |  |  | 4109257 |
|  **Financials (5.7%)** |  |  |  |
|  ***Banks (1.2%)*** |  |  |  |
|  Amerant Bancorp, Inc., Class A | 34434 |  | 747218 |
|  Riverview Bancorp, Inc. | 87068 |  | 450141 |
|  |  |  | 1197359 |
|  ***Capital Markets (1.5%)*** |  |  |  |
|  BGC Group, Inc., Class A | 78965 |  | 719371 |
|  Evercore, Inc., Class A | 2109 |  | 745047 |
|  |  |  | 1464418 |
|  ***Financial Services (0.6%)*** |  |  |  |
|  Paymentus Holdings, Inc., Class A\* | 22252 |  | 594796 |
|  ***Insurance (2.4%)*** |  |  |  |
|  Exzeo Group, Inc.\* | 44437 |  | 902960 |
|  HCI Group, Inc. | 6270 |  | 994861 |
|  Octave Specialty Group, Inc.\* | 93552 |  | 530440 |
|  |  |  | 2428261 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Financials** |  |  | 5684834 |
|  **Health Care (23.8%)** |  |  |  |
|  ***Biotechnology (6.9%)*** |  |  |  |
|  Arcutis Biotherapeutics, Inc.\* | 33817 |  | 857938 |
|  Insmed, Inc.\* | 12315 |  | 1931854 |
|  Kiniksa Pharmaceuticals International plc, Class A\* | 39011 |  | 1713363 |
|  Mirum Pharmaceuticals, Inc.\* | 12319 |  | 1271567 |
|  Travere Therapeutics, Inc.\* | 38013 |  | 1181824 |
|  |  |  | 6956546 |
|  ***Health Care Equipment & Supplies (8.2%)*** | ***Health Care Equipment & Supplies (8.2%)*** | **** |  |
|  Apyx Medical Corp.\* | 131402 |  | 528236 |
|  Beta Bionics, Inc.\* | 48999 |  | 677656 |
|  Bioventus, Inc., Class A\* | 135106 |  | 1071391 |
|  Brainsway Ltd. (ADR)\* | 66480 |  | 1554302 |
|  NeuroPace, Inc.\* | 48612 |  | 735500 |
|  Profound Medical Corp.\* | 70618 |  | 529635 |
|  SI-BONE, Inc.\* | 47446 |  | 786655 |
|  Sight Sciences, Inc.\* | 105887 |  | 664970 |
|  Stereotaxis, Inc.\* | 354317 |  | 775954 |
|  Varex Imaging Corp.\* | 62527 |  | 871626 |
|  |  |  | 8195925 |
|  ***Health Care Providers & Services (0.5%)*** |  |  |  |
|  InfuSystem Holdings, Inc.\* | 66757 |  | 551413 |
|  ***Health Care Technology (1.3%)*** |  |  |  |
|  CareCloud, Inc.\* | 155057 |  | 420205 |
|  Phreesia, Inc.\* | 24472 |  | 328659 |
|  Sophia Genetics SA\* | 98533 |  | 517298 |
|  |  |  | 1266162 |
|  ***Life Sciences Tools & Services (2.6%)*** |  |  |  |
|  Adaptive Biotechnologies Corp.\* | 140562 |  | 2600397 |
|  ***Pharmaceuticals (4.3%)*** |  |  |  |
|  EyePoint, Inc.\* | 28412 |  | 384130 |
|  Journey Medical Corp.(x)\* | 78411 |  | 655516 |
|  Ligand Pharmaceuticals, Inc.\* | 6493 |  | 1247305 |
|  Ocular Therapeutix, Inc.\* | 86791 |  | 793270 |
|  Xeris Biopharma Holdings, Inc.\* | 166976 |  | 1228943 |
|  |  |  | 4309164 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Health Care** |  |  | 23879607 |
|  **Industrials (30.9%)** |  |  |  |
|  ***Aerospace & Defense (5.9%)*** |  |  |  |
|  Kratos Defense & Security Solutions, Inc.\* | 26390 |  | 2718434 |
|  Leonardo DRS, Inc. | 57825 |  | 2374295 |
|  Park Aerospace Corp. | 33462 |  | 819484 |
|  |  |  | 5912213 |
|  ***Air Freight & Logistics (0.5%)*** |  |  |  |
|  Freightos Ltd.\* | 223404 |  | 473617 |
|  ***Building Products (1.3%)*** |  |  |  |
|  Builders FirstSource, Inc.\* | 3219 |  | 368253 |
|  Griffon Corp. | 11044 |  | 899534 |
|  |  |  | 1267787 |
|  ***Commercial Services & Supplies (1.3%)*** |  |  |  |
|  Liquidity Services, Inc.\* | 24138 |  | 772416 |
|  Montrose Environmental Group, Inc.\* | 24693 |  | 550160 |
|  |  |  | 1322576 |
|  ***Construction & Engineering (6.0%)*** |  |  |  |
|  Argan, Inc. | 5452 |  | 1892444 |
|  Everus Construction Group, Inc.\* | 8935 |  | 790658 |
|  Orion Group Holdings, Inc.\* | 102756 |  | 1255678 |
|  Southland Holdings, Inc.\* | 108533 |  | 201871 |
|  Sterling Infrastructure, Inc.\* | 5327 |  | 1906587 |
|  |  |  | 6047238 |
|  ***Electrical Equipment (3.6%)*** |  |  |  |
|  American Superconductor Corp.\* | 28577 |  | 855024 |
|  Amprius Technologies, Inc.\* | 105160 |  | 1308191 |
|  Dragonfly Energy Holdings Corp.(x)\* | 45447 |  | 145430 |
|  LSI Industries, Inc. | 60874 |  | 1345924 |
|  |  |  | 3654569 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 ESSEX SMALL CAP GROWTH FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
|  | **Number of<br>Shares** |  | **Value**<br>**(Note 1)** |
|  ***Machinery (6.9%)*** |  |  |  |
|  CECO Environmental Corp.\* | 35127 |  | $2368614 |
|  Columbus McKinnon Corp. | 47006 |  | 990886 |
|  FreightCar America, Inc.\* | 78429 |  | 902718 |
|  Gencor Industries, Inc.\* | 28911 |  | 414584 |
|  Graham Corp.\* | 32020 |  | 2238838 |
|  |  |  | 6915640 |
|  ***Professional Services (5.4%)*** |  |  |  |
|  BlackSky Technology, Inc., Class A(x)\* | 30354 |  | 669913 |
|  IBEX Holdings Ltd.\* | 12874 |  | 478913 |
|  Legalzoom.com, Inc.\* | 64039 |  | 569307 |
|  Mistras Group, Inc.\* | 59954 |  | 847749 |
|  Upwork, Inc.\* | 32351 |  | 647990 |
|  Willdan Group, Inc.\* | 17425 |  | 2199035 |
|  |  |  | 5412907 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Industrials** |  |  | 31006547 |
|  **Information Technology (22.5%)** |  |  |  |
|  ***Communications Equipment (1.0%)*** |  |  |  |
|  Extreme Networks, Inc.\* | 37069 |  | 540466 |
|  Lantronix, Inc.\* | 76718 |  | 509408 |
|  |  |  | 1049874 |
|  ***Electronic Equipment, Instruments & Components (7.1%)*** | ***Electronic Equipment, Instruments & Components (7.1%)*** | **** |  |
|  908 Devices, Inc.(x)\* | 108653 |  | 685600 |
|  Arlo Technologies, Inc.\* | 45170 |  | 573207 |
|  Daktronics, Inc.\* | 40733 |  | 942969 |
|  Frequency Electronics, Inc.\* | 20754 |  | 1091245 |
|  Identiv, Inc.\* | 163075 |  | 541409 |
|  Mirion Technologies, Inc., Class A\* | 72528 |  | 1801596 |
|  Novanta, Inc.\* | 4605 |  | 619557 |
|  Ouster, Inc.\* | 41176 |  | 857696 |
|  |  |  | 7113279 |
|  ***IT Services (2.1%)*** |  |  |  |
|  Castellum, Inc.(x)\* | 475015 |  | 435114 |
|  Crexendo, Inc.\* | 165090 |  | 1155630 |
|  Information Services Group, Inc. | 85525 |  | 476374 |
|  |  |  | 2067118 |
|  ***Semiconductors & Semiconductor Equipment (6.6%)*** | ***Semiconductors & Semiconductor Equipment (6.6%)*** | **** |  |
|  Ambarella, Inc.\* | 11544 |  | 739278 |
|  Cohu, Inc.\* | 42451 |  | 1211552 |
|  MaxLinear, Inc., Class A\* | 56436 |  | 979165 |
|  Semtech Corp.\* | 11874 |  | 946951 |
|  Tower Semiconductor Ltd.\* | 20087 |  | 2706321 |
|  |  |  | 6583267 |
|  ***Software (5.7%)*** |  |  |  |
|  Allot Ltd.\* | 50631 |  | 497703 |
|  Arteris, Inc.\* | 64872 |  | 973729 |
|  AvePoint, Inc.\* | 65148 |  | 757671 |
|  Blend Labs, Inc., Class A\* | 168586 |  | 401235 |
|  CS Disco, Inc.\* | 120361 |  | 752256 |
|  Docebo, Inc.\* | 24194 |  | 475654 |
|  Intellicheck, Inc.\* | 119971 |  | 681435 |
|  Red Violet, Inc.\* | 13594 |  | 618255 |
|  Zeta Global Holdings Corp., Class A\* | 28911 |  | 537166 |
|  |  |  | 5695104 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Information Technology** |  |  | 22508642 |
|  **Total Common Stocks (96.3%)**<br> *(Cost $60,422,767)* |  |  | 96548605 |
|  EXCHANGE TRADED FUNDS (ETF): |  |  |  |
|  **Equity (0.5%)** |  |  |  |
|  iShares Russell 2000 Growth ETF(x) | 1456 |  | 489696 |
|  **Total Exchange Traded Funds (0.5%)**<br> *(Cost $482,139)* |  |  | 489696 |
|  SHORT-TERM INVESTMENTS: |  |  |  |
|  **Investment Companies (4.0%)** |  |  |  |
|  Invesco Government & Agency |  |  |  |
|  Portfolio, Institutional Shares 3.61% (7 day yield) (xx) | 1266567 |  | 1266567 |
|  JPMorgan Prime Money Market Fund, IM Shares 3.86% (7 day yield) | 2738321 |  | 2739416 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Investment Companies** |  |  | 4005983 |
|  **Total Short-Term Investments (4.0%)**<br> *(Cost $4,005,983)* |  |  | 4005983 |
|  **Total Investments in Securities (100.8%)**<br> *(Cost $64,910,889)* | **Total Investments in Securities (100.8%)**<br> *(Cost $64,910,889)* |  | 101044284 |
|  **Other Assets Less Liabilities (-0.8%)** |  |  | (806222) |
|  **Net Assets (100%)** |  |  | $100238062 |

---

*\** *Non-income producing.* 

*(x)* *All or a portion of security is on loan at January 31, 2026.* 

*(xx)* *At January 31, 2026, the Fund had loaned securities with a total value of $1,437,869. This was collateralized by $314,646 of various U.S. Government Treasury Securities, ranging from 0.000% – 6.250%, maturing 2/15/26 – 5/15/55 and by cash of $1,266,567 which was subsequently invested in investment companies.* 

*Glossary:* 

*ADR — American Depositary Receipt* 

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 ESSEX SMALL CAP GROWTH FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

The following is a summary of the inputs, summarized in three broad levels, used to value the Fund's assets and liabilities carried at fair value as of January 31, 2026:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investment Type** | **Level 1**<br>**Quoted Prices in Active<br>Markets for Identical<br>Securities** | **Level 2<br>Significant Other<br>Observable Inputs<br>(including quoted prices<br>for similar securities,<br>interest rates,<br>prepayment speeds,<br>credit risk, etc.)** | **Level 3<br>Significant Unobservable<br>Inputs (including the<br>Fund's own**<br>**assumptions in<br>determining the fair<br>value of investments)** | **Total** |
|  **Assets:** |  |  |  |  |
|  **Common Stocks** |  |  |  |  |
|  Communication Services | $2650084 | $— | $— | $2650084 |
|  Consumer Discretionary | 5559165 |  |  | 5559165 |
|  Consumer Staples | 1150469 |  |  | 1150469 |
|  Energy | 4109257 |  |  | 4109257 |
|  Financials | 5684834 |  |  | 5684834 |
|  Health Care | 23879607 |  |  | 23879607 |
|  Industrials | 31006547 |  |  | 31006547 |
|  Information Technology | 22508642 |  |  | 22508642 |
|  **Exchange Traded Funds** | 489696 |  |  | 489696 |
|  **Short-Term Investments** |  |  |  |  |
|  Investment Companies | 4005983 |  |  | 4005983 |
|  **Total Assets** | $**101044284** | $**—** | $**—** | $**101044284** |
|  **Total Liabilities** | $**—** | $**—** | $**—** | $**—** |
|  **Total** | $**101044284** | $**—** | $**—** | $**101044284** |

---

As of January 31, 2026, 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 | $39937849 |
|  Aggregate gross unrealized depreciation | (4088013) |
|  Net unrealized appreciation | $35849836 |
|  Federal income tax cost of investments in securities and derivative instruments, if applicable | $65194448 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 GAMCO SMALL/MID CAP VALUE FUND

PORTFOLIO OF INVESTMENTS

January 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
|  | **Number of<br>Shares** |  | **Value**<br>**(Note 1)** |
|  COMMON STOCKS: |  |  |  |
|  **Communication Services (19.0%)** |  |  |  |
|  ***Diversified Telecommunication Services (1.9%)*** | ***Diversified Telecommunication Services (1.9%)*** | **** |  |
|  Anterix, Inc.\* | 6000 |  | $157590 |
|  Liberty Global Ltd., Class A\* | 40000 |  | 443600 |
|  Telesat Corp.\* | 113200 |  | 3287328 |
|  |  |  | 3888518 |
|  ***Entertainment (6.4%)*** |  |  |  |
|  Atlanta Braves Holdings, Inc., Class A(x)\* | 48000 |  | 2112960 |
|  Atlanta Braves Holdings, Inc., Class C\* | 33000 |  | 1317690 |
|  Lionsgate Studios Corp.\* | 72000 |  | 679680 |
|  Madison Square Garden Entertainment Corp., Class A\* | 19000 |  | 1175530 |
|  Madison Square Garden Sports Corp.\* | 16000 |  | 4536800 |
|  Manchester United plc, Class A\* | 20000 |  | 354000 |
|  Sphere Entertainment Co.\* | 30000 |  | 2865300 |
|  Starz Entertainment Corp. | 4228 |  | 42238 |
|  Vivendi SE | 70000 |  | 195322 |
|  |  |  | 13279520 |
|  ***Media (8.3%)*** |  |  |  |
|  AMC Networks, Inc., Class A\* | 35000 |  | 269850 |
|  Clear Channel Outdoor Holdings, Inc.\* | 560000 |  | 1170400 |
|  Corus Entertainment, Inc., Class B\* | 72000 |  | 1851 |
|  EchoStar Corp., Class A\* | 12400 |  | 1403928 |
|  EW Scripps Co. (The), Class A\* | 70000 |  | 234500 |
|  Fox Corp., Class B | 12000 |  | 786840 |
|  Grupo Televisa SAB (ADR) | 850000 |  | 2779500 |
|  JCDecaux SE | 40000 |  | 790391 |
|  News Corp., Class B | 20000 |  | 622000 |
|  Nexstar Media Group, Inc., Class A | 10200 |  | 2166276 |
|  Optimum Communications, Inc., Class A\* | 3000 |  | 4590 |
|  Paramount Skydance Corp., Class B | 1500 |  | 16815 |
|  Sinclair, Inc. | 204000 |  | 2960040 |
|  Sirius XM Holdings, Inc.(x) | 40000 |  | 814000 |
|  TEGNA, Inc. | 75000 |  | 1437000 |
|  Versant Media Group, Inc.\* | 50000 |  | 1629000 |
|  |  |  | 17086981 |
|  ***Wireless Telecommunication Services (2.4%)*** | ***Wireless Telecommunication Services (2.4%)*** | **** |  |
|  Array Digital Infrastructure, Inc. | 30000 |  | 1445700 |
|  Gogo, Inc.\* | 12900 |  | 59211 |
|  Millicom International Cellular SA | 35000 |  | 2136050 |
|  Telephone and Data Systems, Inc. | 30000 |  | 1353900 |
|  |  |  | 4994861 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Communication Services** |  |  | 39249880 |
|  **Consumer Discretionary (15.9%)** |  |  |  |
|  ***Automobile Components (3.6%)*** |  |  |  |
|  Dana, Inc. | 35000 |  | 1011500 |
|  Garrett Motion, Inc. | 20000 |  | 360800 |
|  Gentex Corp. | 35000 |  | 805350 |
|  Gentherm, Inc.\* | 12000 |  | 383520 |
|  Goodyear Tire & Rubber Co. (The)\* | 185000 |  | 1740850 |
|  Strattec Security Corp.\* | 40400 |  | 3196448 |
|  |  |  | 7498468 |
|  ***Automobiles (0.2%)*** |  |  |  |
|  Winnebago Industries, Inc. | 9500 |  | 436145 |
|  ***Distributors (0.3%)*** |  |  |  |
|  LKQ Corp. | 20000 |  | 657000 |
|  ***Diversified Consumer Services (1.5%)*** |  |  |  |
|  Graham Holdings Co., Class B | 800 |  | 933304 |
|  Liberty Live Holdings, Inc., Class A\* | 1000 |  | 80440 |
|  Matthews International Corp., Class A | 80000 |  | 2103200 |
|  |  |  | 3116944 |
|  ***Hotels, Restaurants & Leisure (3.4%)*** |  |  |  |
|  Caesars Entertainment, Inc.\* | 118000 |  | 2442600 |
|  Churchill Downs, Inc. | 4000 |  | 393440 |
|  Golden Entertainment, Inc. | 30000 |  | 807600 |
|  Krispy Kreme, Inc.(x) | 25000 |  | 78750 |
|  Nathan's Famous, Inc. | 20000 |  | 2022400 |
|  Ollamani SAB\* | 130000 |  | 559321 |
|  Wynn Resorts Ltd. | 6800 |  | 730660 |
|  |  |  | 7034771 |
|  ***Household Durables (0.6%)*** |  |  |  |
|  Bassett Furniture Industries, Inc. | 24000 |  | 379200 |
|  Lennar Corp., Class B | 9000 |  | 911340 |
|  |  |  | 1290540 |
|  ***Leisure Products (2.0%)*** |  |  |  |
|  Brunswick Corp. | 20000 |  | 1604400 |
|  Johnson Outdoors, Inc., Class A | 47000 |  | 2133330 |
|  Mattel, Inc.\* | 12900 |  | 269481 |
|  |  |  | 4007211 |
|  ***Specialty Retail (4.3%)*** |  |  |  |
|  Advance Auto Parts, Inc.(x) | 96000 |  | 4608960 |
|  AutoNation, Inc.\* | 6500 |  | 1332370 |
|  Lands' End, Inc.\* | 12000 |  | 213120 |
|  Monro, Inc. | 130000 |  | 2433600 |
|  Valvoline, Inc.\* | 8000 |  | 261760 |
|  |  |  | 8849810 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Consumer Discretionary** |  |  | 32890889 |
|  **Consumer Staples (7.1%)** |  |  |  |
|  ***Beverages (1.1%)*** |  |  |  |
|  Boston Beer Co., Inc. (The), Class A\* | 3300 |  | 704946 |
|  National Beverage Corp.\* | 26000 |  | 886080 |
|  Remy Cointreau SA(x) | 14500 |  | 688878 |
|  |  |  | 2279904 |
|  ***Consumer Staples Distribution & Retail (0.3%)*** | ***Consumer Staples Distribution & Retail (0.3%)*** | **** |  |
|  Albertsons Cos., Inc., Class A | 4000 |  | 66600 |
|  Ingles Markets, Inc., Class A | 2000 |  | 149720 |
|  Village Super Market, Inc., Class A | 8000 |  | 285280 |
|  |  |  | 501600 |
|  ***Food Products (2.6%)*** |  |  |  |
|  Bunge Global SA | 3000 |  | 341640 |
|  Calavo Growers, Inc. | 49000 |  | 1246560 |
|  Canada Packers, Inc. | 11000 |  | 129013 |
|  Farmer Bros Co.\* | 95000 |  | 156750 |
|  Hain Celestial Group, Inc. (The)\* | 25000 |  | 30250 |
|  J M Smucker Co. (The) | 14000 |  | 1468040 |
|  John B Sanfilippo & Son, Inc. | 11000 |  | 889900 |
|  Maple Leaf Foods, Inc.(x) | 51500 |  | 954243 |
|  McCormick & Co., Inc. (Non-Voting) | 3000 |  | 185010 |
|  |  |  | 5401406 |
|  ***Household Products (2.5%)*** |  |  |  |
|  Energizer Holdings, Inc. | 108000 |  | 2357640 |
|  Spectrum Brands Holdings, Inc. | 45000 |  | 2866950 |
|  |  |  | 5224590 |
|  ***Personal Care Products (0.6%)*** |  |  |  |
|  BellRing Brands, Inc.\* | 10000 |  | 248700 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 GAMCO SMALL/MID CAP VALUE FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
|  | **Number of<br>Shares** |  | **Value**<br>**(Note 1)** |
|  Edgewell Personal Care Co. | 46000 |  | $895160 |
|  |  |  | 1143860 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Consumer Staples** |  |  | 14551360 |
|  **Energy (1.1%)** |  |  |  |
|  ***Energy Equipment & Services (1.1%)*** |  |  |  |
|  Innovex International, Inc.\* | 59500 |  | 1478575 |
|  RPC, Inc. | 104000 |  | 691600 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Energy** |  |  | 2170175 |
|  **Financials (2.0%)** |  |  |  |
|  ***Banks (1.5%)*** |  |  |  |
|  Cadence Bank | 10000 |  | 421100 |
|  Flushing Financial Corp. | 27000 |  | 426330 |
|  Pinnacle Financial Partners, Inc. | 18853 |  | 1792732 |
|  SouthState Bank Corp. | 6000 |  | 613980 |
|  |  |  | 3254142 |
|  ***Capital Markets (0.4%)*** |  |  |  |
|  Affiliated Managers Group, Inc. | 1000 |  | 313090 |
|  DigitalBridge Group, Inc. | 1000 |  | 15390 |
|  Janus Henderson Group plc | 10000 |  | 481300 |
|  |  |  | 809780 |
|  ***Financial Services (0.1%)*** |  |  |  |
|  NCR Atleos Corp.\* | 4000 |  | 149200 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Financials** |  |  | 4213122 |
|  **Health Care (2.4%)** |  |  |  |
|  ***Biotechnology (0.2%)*** |  |  |  |
|  Dynavax Technologies Corp.\* | 30000 |  | 464550 |
|  ***Health Care Equipment & Supplies (0.4%)*** | ***Health Care Equipment & Supplies (0.4%)*** | **** |  |
|  Align Technology, Inc.\* | 100 |  | 16303 |
|  Bausch + Lomb Corp.\* | 15000 |  | 250500 |
|  Dentsply Sirona, Inc. | 20000 |  | 249400 |
|  QuidelOrtho Corp.\* | 14500 |  | 393965 |
|  |  |  | 910168 |
|  ***Health Care Providers & Services (0.6%)*** | ***Health Care Providers & Services (0.6%)*** | **** |  |
|  Henry Schein, Inc.\* | 9000 |  | 679320 |
|  Option Care Health, Inc.\* | 17504 |  | 595136 |
|  |  |  | 1274456 |
|  ***Health Care Technology (0.1%)*** |  |  |  |
|  Evolent Health, Inc., Class A\* | 35000 |  | 112350 |
|  ***Life Sciences Tools & Services (0.0%)†*** |  |  |  |
|  Bio-Rad Laboratories, Inc., Class A\* | 300 |  | 88110 |
|  ***Pharmaceuticals (1.1%)*** |  |  |  |
|  Perrigo Co. plc | 70000 |  | 994700 |
|  Teva Pharmaceutical Industries Ltd. (ADR)\* | 34000 |  | 1158720 |
|  |  |  | 2153420 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Health Care** |  |  | 5003054 |
|  **Industrials (33.3%)** |  |  |  |
|  ***Aerospace & Defense (6.9%)*** |  |  |  |
|  AAR Corp.\* | 20000 |  | 2118200 |
|  Boeing Co. (The)\* | 2346 |  | 548307 |
|  Ducommun, Inc.\* | 3600 |  | 408060 |
|  Embraer SA (ADR) | 2000 |  | 146920 |
|  Hexcel Corp. | 14500 |  | 1200745 |
|  Moog, Inc., Class A | 9500 |  | 2900825 |
|  Moog, Inc., Class B | 12800 |  | 3908480 |
|  National Presto Industries, Inc. | 2000 |  | 254800 |
|  Park Aerospace Corp. | 3000 |  | 73470 |
|  Textron, Inc. | 30000 |  | 2641800 |
|  |  |  | 14201607 |
|  ***Building Products (3.4%)*** |  |  |  |
|  AZZ, Inc. | 21200 |  | 2634948 |
|  Griffon Corp. | 9100 |  | 741195 |
|  Modine Manufacturing Co.\* | 20000 |  | 3693200 |
|  |  |  | 7069343 |
|  ***Commercial Services & Supplies (0.3%)*** | ***Commercial Services & Supplies (0.3%)*** | **** |  |
|  OPENLANE, Inc.\* | 20000 |  | 600800 |
|  ***Construction & Engineering (1.3%)*** |  |  |  |
|  Arcosa, Inc. | 9000 |  | 1030230 |
|  Everus Construction Group, Inc.\* | 600 |  | 53094 |
|  Valmont Industries, Inc. | 3600 |  | 1604016 |
|  |  |  | 2687340 |
|  ***Machinery (18.7%)*** |  |  |  |
|  Albany International Corp., Class A | 6000 |  | 332940 |
|  Astec Industries, Inc. | 63000 |  | 3069360 |
|  Chart Industries, Inc.\* | 3500 |  | 725690 |
|  CNH Industrial NV | 31000 |  | 333560 |
|  Commercial Vehicle Group, Inc.\* | 79500 |  | 119250 |
|  Crane Co. | 17800 |  | 3250992 |
|  Donaldson Co., Inc. | 1000 |  | 101940 |
|  Eastern Co. (The) | 26500 |  | 495550 |
|  Enerpac Tool Group Corp., Class A | 22000 |  | 887920 |
|  Enpro, Inc. | 4000 |  | 955120 |
|  Flowserve Corp. | 40900 |  | 3196335 |
|  Gorman-Rupp Co. (The) | 15000 |  | 817350 |
|  Graco, Inc. | 2500 |  | 218325 |
|  Hyster-Yale, Inc. | 36500 |  | 1220925 |
|  Ingersoll Rand, Inc. | 15200 |  | 1308568 |
|  ITT, Inc. | 12000 |  | 2187600 |
|  Iveco Group NV | 70000 |  | 1565729 |
|  Kennametal, Inc. | 30000 |  | 1031700 |
|  L B Foster Co., Class A\* | 41500 |  | 1247075 |
|  Manitowoc Co., Inc. (The)\* | 23500 |  | 303620 |
|  Mueller Industries, Inc. | 37000 |  | 5037180 |
|  Mueller Water Products, Inc., Class A | 13700 |  | 370859 |
|  Park-Ohio Holdings Corp. | 85000 |  | 1917600 |
|  Snap-on, Inc. | 1300 |  | 475943 |
|  Tennant Co. | 9300 |  | 707637 |
|  Terex Corp. | 13000 |  | 741000 |
|  Timken Co. (The) | 1000 |  | 93190 |
|  Toro Co. (The) | 7500 |  | 686250 |
|  Trinity Industries, Inc. | 64000 |  | 1839360 |
|  Twin Disc, Inc. | 117000 |  | 2011230 |
|  Watts Water Technologies, Inc., Class A | 4500 |  | 1346895 |
|  |  |  | 38596693 |
|  ***Trading Companies & Distributors (2.7%)*** | ***Trading Companies & Distributors (2.7%)*** | **** |  |
|  Ashtead Group plc | 2300 |  | 147509 |
|  GATX Corp. | 12500 |  | 2273875 |
|  Herc Holdings, Inc. | 20600 |  | 2952804 |
|  MSC Industrial Direct Co., Inc., Class A | 1000 |  | 84340 |
|  |  |  | 5458528 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Industrials** |  |  | 68614311 |
|  **Information Technology (2.2%)** |  |  |  |
|  ***Communications Equipment (0.3%)*** |  |  |  |
|  Viasat, Inc.\* | 14000 |  | 632380 |
|  ***Electronic Equipment, Instruments & Components (0.7%)*** | ***Electronic Equipment, Instruments & Components (0.7%)*** | **** |  |
|  Badger Meter, Inc. | 4500 |  | 659610 |
|  Crane NXT Co. | 500 |  | 25260 |
|  Landis+Gyr Group AG | 9500 |  | 667292 |
|  Mirion Technologies, Inc., Class A\* | 5000 |  | 124200 |
|  |  |  | 1476362 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 GAMCO SMALL/MID CAP VALUE FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
|  | **Number of<br>Shares** |  | **Value**<br>**(Note 1)** |
|  ***IT Services (0.7%)*** |  |  |  |
|  Kyndryl Holdings, Inc.\* | 60000 |  | $1380000 |
|  ***Software (0.5%)*** |  |  |  |
|  A10 Networks, Inc. | 12000 |  | 209280 |
|  Confluent, Inc., Class A\* | 25000 |  | 763500 |
|  NCR Voyix Corp.\* | 10000 |  | 99200 |
|  |  |  | 1071980 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Information Technology** |  |  | 4560722 |
|  **Materials (8.0%)** |  |  |  |
|  ***Chemicals (4.7%)*** |  |  |  |
|  Axalta Coating Systems Ltd.\* | 23000 |  | 772340 |
|  Core Molding Technologies, Inc.\* | 64500 |  | 1259040 |
|  Element Solutions, Inc. | 65900 |  | 1917690 |
|  FMC Corp. | 5000 |  | 79000 |
|  HB Fuller Co. | 13000 |  | 781300 |
|  Huntsman Corp. | 60000 |  | 649200 |
|  Olin Corp. | 20000 |  | 416200 |
|  Scotts Miracle-Gro Co. (The) | 60000 |  | 3853200 |
|  |  |  | 9727970 |
|  ***Construction Materials (0.2%)*** |  |  |  |
|  Knife River Corp.\* | 6000 |  | 403020 |
|  ***Containers & Packaging (1.5%)*** |  |  |  |
|  Ardagh Metal Packaging SA | 60000 |  | 263400 |
|  Greif, Inc., Class A | 19000 |  | 1341780 |
|  Myers Industries, Inc. | 60000 |  | 1240200 |
|  Silgan Holdings, Inc. | 5000 |  | 215750 |
|  |  |  | 3061130 |
|  ***Metals & Mining (1.6%)*** |  |  |  |
|  Ampco-Pittsburgh Corp.\* | 120000 |  | 668400 |
|  Freeport-McMoRan, Inc. | 19100 |  | 1150393 |
|  Tredegar Corp.\* | 170000 |  | 1453500 |
|  |  |  | 3272293 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Materials** |  |  | 16464413 |
|  **Real Estate (0.6%)** |  |  |  |
|  ***Hotel & Resort REITs (0.2%)*** |  |  |  |
|  Ryman Hospitality Properties, |  |  |  |
|  Inc. (REIT) | 5000 |  | 473500 |
|  ***Real Estate Management & Development (0.3%)*** | ***Real Estate Management & Development (0.3%)*** | **** |  |
|  Seritage Growth Properties, Class A\* | 12500 |  | 41250 |
|  St Joe Co. (The) | 9000 |  | 595710 |
|  |  |  | 636960 |
|  ***Specialized REITs (0.1%)*** |  |  |  |
|  Millrose Properties, Inc. (REIT) | 4350 |  | 129630 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Real Estate** |  |  | 1240090 |
|  **Utilities (4.6%)** |  |  |  |
|  ***Gas Utilities (3.0%)*** |  |  |  |
|  MDU Resources Group, Inc. | 2400 |  | 49224 |
|  National Fuel Gas Co. | 48500 |  | 4061875 |
|  Southwest Gas Holdings, Inc. | 24000 |  | 1987680 |
|  |  |  | 6098779 |
|  ***Independent Power and Renewable Electricity Producers (0.5%)*** | ***Independent Power and Renewable Electricity Producers (0.5%)*** | ***Independent Power and Renewable Electricity Producers (0.5%)*** | ***Independent Power and Renewable Electricity Producers (0.5%)*** |
|  AES Corp. (The) | 54000 |  | 791100 |
|  XPLR Infrastructure LP\* | 33000 |  | 321420 |
|  |  |  | 1112520 |
|  ***Multi-Utilities (1.1%)*** |  |  |  |
|  Algonquin Power & Utilities Corp. | 340000 |  | 2227000 |
|  Avista Corp. | 2800 |  | 115612 |
|  |  |  | 2342612 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Utilities** |  |  | 9553911 |
|  **Total Common Stocks (96.2%)**<br> *(Cost $141,511,821)* |  |  | 198511927 |
|  SHORT-TERM INVESTMENTS: |  |  |  |
|  **Investment Companies (4.0%)** |  |  |  |
|  Invesco Government & Agency Portfolio, Institutional Shares 3.61% (7 day yield) (xx) | 1496835 |  | 1496835 |
|  JPMorgan Prime Money Market Fund, IM Shares 3.86% (7 day yield) | 6847484 |  | 6850223 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Investment Companies** |  |  | 8347058 |
|  **Total Short-Term Investments (4.0%)**<br> *(Cost $8,347,074)* |  |  | 8347058 |
|  **Total Investments in Securities (100.2%)**<br> *(Cost $149,858,895)* | **Total Investments in Securities (100.2%)**<br> *(Cost $149,858,895)* |  | 206858985 |
|  **Other Assets Less Liabilities (-0.2%)** |  |  | (485396) |
|  **Net Assets (100%)** |  |  | $206373589 |

---

*\** *Non-income producing.* 

*†* *Percent shown is less than 0.05%.* 

*(x)* *All or a portion of security is on loan at January 31, 2026.* 

*(xx)* *At January 31, 2026, the Fund had loaned securities with a total value of $3,860,345. This was collateralized by $2,511,656 of various U.S. Government Treasury Securities, ranging from 0.000% – 6.250%, maturing 4/30/26 – 2/15/54 and by cash of $1,496,835 which was subsequently invested in investment companies.* 

*Glossary:* 

*ADR — American Depositary Receipt* 

*REIT — Real Estate Investment Trust* 

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 GAMCO SMALL/MID CAP VALUE FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

The following is a summary of the inputs, summarized in three broad levels, used to value the Fund's assets and liabilities carried at fair value as of January 31, 2026:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investment Type** | **Level 1**<br>**Quoted Prices in Active<br>Markets for Identical<br>Securities** | **Level 2<br>Significant Other<br>Observable Inputs<br>(including quoted prices<br>for similar securities,<br>interest rates,<br>prepayment speeds,<br>credit risk, etc.)** | **Level 3<br>Significant Unobservable<br>Inputs (including the<br>Fund's own**<br>**assumptions in<br>determining the fair<br>value of investments)** | **Total** |
|  **Assets:** |  |  |  |  |
|  **Common Stocks** |  |  |  |  |
|  Communication Services | $38264167 | $985713 | $— | $39249880 |
|  Consumer Discretionary | 32890889 |  |  | 32890889 |
|  Consumer Staples | 13862482 | 688878 |  | 14551360 |
|  Energy | 2170175 |  |  | 2170175 |
|  Financials | 4213122 |  |  | 4213122 |
|  Health Care | 5003054 |  |  | 5003054 |
|  Industrials | 62992593 | 5621718 |  | 68614311 |
|  Information Technology | 3893430 | 667292 |  | 4560722 |
|  Materials | 16464413 |  |  | 16464413 |
|  Real Estate | 1240090 |  |  | 1240090 |
|  Utilities | 9553911 |  |  | 9553911 |
|  **Short-Term Investments** |  |  |  |  |
|  Investment Companies | 8347058 |  |  | 8347058 |
|  **Total Assets** | $**198895384** | $**7963601** | $**—** | $**206858985** |
|  **Total Liabilities** | $**—** | $**—** | $**—** | $**—** |
|  **Total** | $**198895384** | $**7963601** | $**—** | $**206858985** |

---

As of January 31, 2026, 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 | $65262736 |
|  Aggregate gross unrealized depreciation | (11909586) |
|  Net unrealized appreciation | $53353150 |
|  Federal income tax cost of investments in securities and derivative instruments, if applicable | $153505835 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 HIGH YIELD BOND FUND

PORTFOLIO OF INVESTMENTS

January 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
|  | **Principal**<br>**Amount** |  | **Value**<br>**(Note 1)** |
|  LONG-TERM DEBT SECURITIES: |  |  |  |
|  **Corporate Bonds (93.5%)** |  |  |  |
|  **Communication Services (9.5%)** |  |  |  |
|  ***Diversified Telecommunication Services (3.5%)*** | ***Diversified Telecommunication Services (3.5%)*** | **** |  |
|  CCO Holdings LLC | CCO Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 5/1/26§ | $187000 |  | $187000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 9/1/29§ | 290000 |  | 292538 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 2/1/32§ | 386000 |  | 352117 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 5/1/32 | 426000 |  | 382335 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 6/1/33§ | 568000 |  | 494528 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 2/1/36§ | 228000 |  | 228816 |
|  Level 3 Financing, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 6/30/33§ | 416500 |  | 428995 |
|  Windstream Services LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 10/1/31§ | 351000 |  | 366935 |
|  Zayo Group Holdings, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 3/9/30 PIK§ | 315636 |  | 307354 |
|  |  |  | 3040618 |
|  ***Entertainment (0.3%)*** |  |  |  |
|  Live Nation Entertainment, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 5/15/27§ | 186000 |  | 186986 |
|  Warnermedia Holdings, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 3/15/42 | 166000 |  | 117238 |
|  |  |  | 304224 |
|  ***Media (5.7%)*** |  |  |  |
|  CSC Holdings LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 11.750%, 1/31/29§ | 400000 |  | 292000 |
|  Gray Media, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.500%, 7/15/29§ | 129000 |  | 138405 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 10/15/30§ | 414000 |  | 319297 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.625%, 7/15/32§ | 258000 |  | 266063 |
|  McGraw-Hill Education, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 8/1/29§ | 440000 |  | 443604 |
|  Neptune Bidco US, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.290%, 4/15/29§ | 685000 |  | 702406 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.500%, 2/15/33§ | 104000 |  | 106003 |
|  Nexstar Media, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 7/15/27§ | 224000 |  | 223807 |
|  Outfront Media Capital LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 8/15/27§ | 362000 |  | 361964 |
|  Sinclair Television Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 3/1/30§ | 147000 |  | 127890 |
|  Sirius XM Radio LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.125%, 9/1/26§ | 274000 |  | 271726 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 9/1/31§ | 563000 |  | 513737 |
|  Stagwell Global LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 8/15/29§ | 395000 |  | 382558 |
|  Univision Communications, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 7/31/31§ | 544000 |  | 567691 |
|  VZ Secured Financing BV |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 1/15/32§ | 270000 |  | 243675 |
|  |  |  | 4960826 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Communication Services** |  |  | 8305668 |
|  **Consumer Discretionary (17.1%)** |  |  |  |
|  ***Automobile Components (1.8%)*** |  |  |  |
|  Clarios Global LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 5/15/28§ | 467000 |  | 478231 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 2/15/30§ | 145000 |  | 151482 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 9/15/32§ | 394000 |  | 407317 |
|  Forvia SE |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 6/15/30§ | 250000 |  | 266353 |
|  ZF North America Capital, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 3/24/31§ | 215000 |  | 220218 |
|  |  |  | 1523601 |
|  ***Broadline Retail (0.6%)*** |  |  |  |
|  Getty Images, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 14.000%, 3/1/28§ | 604000 |  | 561720 |
|  ***Distributors (2.0%)*** |  |  |  |
|  RB Global Holdings, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 3/15/28§ | 196000 |  | 199344 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 3/15/31§ | 503000 |  | 524478 |
|  Resideo Funding, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 7/15/32§ | 339000 |  | 344492 |
|  Velocity Vehicle Group LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 6/1/29§ | 179000 |  | 174559 |
|  Windsor Holdings III LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 6/15/30§ | 502000 |  | 528982 |
|  |  |  | 1771855 |
|  ***Diversified Consumer Services (0.5%)*** | ***Diversified Consumer Services (0.5%)*** | **** |  |
|  Service Corp. International |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 10/15/32 | 182000 |  | 184845 |
|  Wand NewCo 3, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.625%, 1/30/32§ | 242000 |  | 254402 |
|  |  |  | 439247 |
|  ***Hotels, Restaurants & Leisure (8.3%)*** |  |  |  |
|  1011778 BC ULC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 1/15/28§ | 261000 |  | 256863 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 9/15/29§ | 276000 |  | 280709 |
|  Caesars Entertainment, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 2/15/30§ | 1093000 |  | 1127593 |
|  Carnival Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 8/15/29§ | 232000 |  | 242795 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 8/1/32§ | 324000 |  | 333234 |
|  Churchill Downs, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 4/1/30§ | 499000 |  | 501006 |
|  Flutter Treasury DAC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 4/29/29§ | 200000 |  | 206084 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 6/4/31§ | 215000 |  | 218231 |
|  Great Canadian Gaming Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 11/15/29§ | 326000 |  | 330988 |
|  Hilton Domestic Operating Co., Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 3/15/33§ | 167000 |  | 171342 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 3/31/34§ | 284000 |  | 284795 |
|  Kingpin Intermediate Holdings LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 10/15/32(x)§ | 363000 |  | 347572 |
|  Lindblad Expeditions LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 9/15/30§ | 255000 |  | 266156 |
|  NCL Corp. Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 2/1/32§ | 240000 |  | 245916 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 9/15/33§ | 199000 |  | 199523 |
|  Ontario Gaming GTA LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 8/1/30§ | 361000 |  | 346087 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 HIGH YIELD BOND FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
|  | **Principal<br>Amount** |  | **Value**<br>**(Note 1)** |
|  Royal Caribbean Cruises Ltd. | Royal Caribbean Cruises Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 2/1/33§ | 310000 |  | $319075 |
|  Sabre GLBL, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 11.125%, 7/15/30§ | 323000 |  | 260823 |
|  Scientific Games Holdings LP | Scientific Games Holdings LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 3/1/30§ | 269000 |  | 245350 |
|  Six Flags Entertainment Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.625%, 1/15/32§ | 344000 |  | 351066 |
|  Station Casinos LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 2/15/28§ | 188000 |  | 187090 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 12/1/31§ | 150000 |  | 143768 |
|  Voyager Parent LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.250%, 7/1/32§ | 176000 |  | 187134 |
|  Wyndham Hotels & Resorts, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 8/15/28§ | 203000 |  | 199701 |
|  |  |  | 7252901 |
|  ***Household Durables (1.4%)*** | ***Household Durables (1.4%)*** | **** |  |
|  Century Communities, Inc. | Century Communities, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 9/15/33§ | 259000 |  | 260619 |
|  Newell Brands, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 6/1/28§ | 189000 |  | 197968 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 5/15/32(x) | 431000 |  | 422380 |
|  Whirlpool Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 6/15/33(x) | 306000 |  | 301964 |
|  |  |  | 1182931 |
|  ***Specialty Retail (1.2%)*** |  |  |  |
|  EG Global Finance plc |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 12.000%, 11/30/28§ | 400000 |  | 433000 |
|  Global Auto Holdings Ltd. | Global Auto Holdings Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 1/15/29(x)§ | 400000 |  | 397328 |
|  Park River Holdings, Inc. | Park River Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 3/15/31§ | 233000 |  | 239699 |
|  |  |  | 1070027 |
|  ***Textiles, Apparel & Luxury Goods (1.3%)*** | ***Textiles, Apparel & Luxury Goods (1.3%)*** | **** |  |
|  Champ Acquisition Corp. | Champ Acquisition Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 12/1/31§ | 354000 |  | 378281 |
|  S&S Holdings LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 10/1/31§ | 442000 |  | 419900 |
|  William Carter Co. (The) | William Carter Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 2/15/31§ | 278000 |  | 287382 |
|  |  |  | 1085563 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Consumer Discretionary** |  |  | 14887845 |
|  **Consumer Staples (4.1%)** | **Consumer Staples (4.1%)** |  |  |
|  ***Beverages (0.4%)*** |  |  |  |
|  Primo Water Holdings, Inc. | Primo Water Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 4/1/29§ | 104000 |  | 103986 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 4/30/29§ | 222000 |  | 217054 |
|  |  |  | 321040 |
|  ***Consumer Staples Distribution & Retail (0.4%)*** | ***Consumer Staples Distribution & Retail (0.4%)*** | **** |  |
|  Performance Food Group, Inc. | Performance Food Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 9/15/32§ | 143000 |  | 147007 |
|  US Foods, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 1/15/32§ | 185000 |  | 193860 |
|  |  |  | 340867 |
|  ***Food Products (2.7%)*** |  |  |  |
|  Darling Ingredients, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 6/15/30§ | 366000 |  | 370647 |
|  Fiesta Purchaser, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.625%, 9/15/32§ | 246000 |  | 249075 |
|  Froneri Lux FinCo. Sarl |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 8/1/32§ | 464000 |  | 470204 |
|  Post Holdings, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 2/15/32§ | 217000 |  | 222696 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 3/15/36§ | 299000 |  | 298845 |
|  Simmons Foods, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 3/1/29§ | 158000 |  | 151982 |
|  Viking Baked Goods Acquisition Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.625%, 11/1/31§ | 633000 |  | 627809 |
|  |  |  | 2391258 |
|  ***Household Products (0.4%)*** |  |  |  |
|  Energizer Holdings, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 6/15/28§ | 272000 |  | 268913 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 3/31/29§ | 42000 |  | 40313 |
|  |  |  | 309226 |
|  ***Personal Care Products (0.2%)*** |  |  |  |
|  Opal Bidco SAS |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 3/31/32§ | 200000 |  | 203874 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Consumer Staples** |  |  | 3566265 |
|  **Energy (8.4%)** |  |  |  |
|  ***Energy Equipment & Services (0.7%)*** |  |  |  |
|  Transocean International Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 2/15/30§ | 174000 |  | 181395 |
|  WBI Operating LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 10/15/33§ | 442000 |  | 445430 |
|  |  |  | 626825 |
|  ***Oil, Gas & Consumable Fuels (7.7%)*** |  |  |  |
|  Antero Midstream Partners LP | Antero Midstream Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 7/1/34§ | 484000 |  | 488235 |
|  Antero Resources Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.625%, 2/1/29§ | 120000 |  | 121828 |
|  Ascent Resources Utica Holdings LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 10/15/32§ | 158000 |  | 163565 |
|  Blue Racer Midstream LLC | Blue Racer Midstream LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 7/15/26§ | 230000 |  | 230032 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 7/15/32§ | 193000 |  | 204358 |
|  Crescent Energy Finance LLC | Crescent Energy Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.625%, 4/1/32§ | 528000 |  | 523274 |
|  Delek Logistics Partners LP | Delek Logistics Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.625%, 3/15/29§ | 412000 |  | 430002 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 6/30/33§ | 370000 |  | 380379 |
|  Genesis Energy LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 2/1/28 | 332000 |  | 332943 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 5/15/32 | 426000 |  | 444045 |
|  Kinetik Holdings LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 12/15/28(x)§ | 84000 |  | 86475 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 6/15/30§ | 479000 |  | 485093 |
|  NGL Energy Operating LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 2/15/32§ | 667000 |  | 697215 |
|  Northern Oil & Gas, Inc. | Northern Oil & Gas, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 10/15/33§ | 278000 |  | 280502 |
|  NuStar Logistics LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 6/1/26 | 175000 |  | 175086 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 HIGH YIELD BOND FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal<br>Amount** | **Value**<br>**(Note 1)** |
|  Permian Resources Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 7/1/29§ | $151000 | $151317 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 2/1/33§ | 233000 | 240097 |
|  Summit Midstream Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.625%, 10/31/29§ | 737000 | 769281 |
|  Sunoco LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 5/1/32§ | 204000 | 215695 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 7/1/33§ | 227000 | 233438 |
|  |  | 6652860 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Energy** |  | 7279685 |
|  **Financials (6.4%)** |  |  |
|  ***Banks (0.5%)*** |  |  |
|  Armor Holdco, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 11/15/29§ | 459000 | 462034 |
|  ***Capital Markets (0.2%)*** |  |  |
|  Aretec Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.000%, 8/15/30§ | 134000 | 144383 |
|  ***Consumer Finance (0.6%)*** |  |  |
|  GGAM Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 2/15/27§ | 199000 | 202045 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 6/15/28§ | 260000 | 273650 |
|  |  | 475695 |
|  ***Financial Services (2.0%)*** |  |  |
|  Block, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 8/15/33§ | 135000 | 137632 |
|  Freedom Mortgage Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.250%, 2/1/29§ | 232000 | 242730 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 4/1/32§ | 344000 | 357760 |
|  ION Platform Finance US, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 9/30/32§ | 250000 | 219375 |
|  Rocket Cos., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 8/1/33§ | 206000 | 213684 |
|  Shift4 Payments LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 8/15/32§ | 564000 | 575568 |
|  |  | 1746749 |
|  ***Insurance (2.8%)*** |  |  |
|  Acrisure LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 2/1/29§ | 575000 | 595367 |
|  Alliant Holdings Intermediate LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 10/15/27§ | 420000 | 421848 |
|  Ardonagh Finco Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 2/15/31§ | 200000 | 206958 |
|  Ardonagh Group Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.875%, 2/15/32§ | 200000 | 206048 |
|  Asurion LLC and Asurion Co-Issuer, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 12/31/32§ | 334000 | 348612 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 2/1/34§ | 110000 | 111100 |
|  Broadstreet Partners Group LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 4/15/29§ | 222000 | 220701 |
|  HUB International Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 6/15/30§ | 304000 | 317577 |
|  |  | 2428211 |
|  ***Mortgage Real Estate Investment Trusts (REITs) (0.3%)*** |  |  |
|  Starwood Property Trust, Inc. (REIT) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 7/1/30§ | 135000 | 140241 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 1/15/31§ | 135000 | 136790 |
|  |  | 277031 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Financials** |  | 5534103 |
|  **Health Care (5.5%)** |  |  |
|  ***Biotechnology (0.2%)*** |  |  |
|  BioMarin Pharmaceutical, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 2/15/34§ | 200000 | 200750 |
|  ***Health Care Equipment & Supplies (1.0%)*** |  |  |
|  Medline Borrower LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 10/1/29§ | 232000 | 232435 |
|  Neogen Food Safety Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.625%, 7/20/30§ | 434000 | 462349 |
|  Varex Imaging Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 10/15/27§ | 204000 | 207317 |
|  |  | 902101 |
|  ***Health Care Providers & Services (2.8%)*** |  |  |
|  AdaptHealth LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 3/1/30§ | 314000 | 304018 |
|  HealthEquity, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 10/1/29§ | 448000 | 436598 |
|  Heartland Dental LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.500%, 4/30/28§ | 96000 | 99749 |
|  Star Parent, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 10/1/30§ | 323000 | 340686 |
|  Surgery Center Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 4/15/32§ | 549000 | 551575 |
|  US Acute Care Solutions LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.750%, 5/15/29§ | 672000 | 674143 |
|  |  | 2406769 |
|  ***Health Care Technology (1.3%)*** |  |  |
|  IQVIA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 5/15/27§ | 260000 | 259701 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 5/15/28 | 200000 | 206268 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 2/1/29 | 219000 | 230355 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 6/1/32§ | 402000 | 418418 |
|  |  | 1114742 |
|  ***Pharmaceuticals (0.2%)*** |  |  |
|  1261229 BC Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.000%, 4/15/32§ | 200000 | 205424 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Health Care** |  | 4829786 |
|  **Industrials (18.2%)** |  |  |
|  ***Aerospace & Defense (0.7%)*** |  |  |
|  Goat Holdco LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 2/1/32§ | 383000 | 392870 |
|  Rolls-Royce plc |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 10/15/27§ | 200000 | 204795 |
|  |  | 597665 |
|  ***Building Products (2.0%)*** |  |  |
|  Advanced Drainage Systems, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 6/15/30§ | 164000 | 167706 |
|  AmeriTex HoldCo Intermediate LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.625%, 8/15/33§ | 323000 | 339541 |
|  Camelot Return Merger Sub, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 8/1/28(x)§ | 270000 | 209682 |
|  EMRLD Borrower LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 12/15/30§ | 443000 | 459378 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 HIGH YIELD BOND FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Principal<br>Amount** |  | **Value**<br>**(Note 1)** | **Value**<br>**(Note 1)** |  |
|  New Enterprise Stone & Lime Co., Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 7/15/28§ | 158000 |  | $| 157506 |  |
|  Standard Building Solutions, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 3/15/34§ | 422000 |  |  | 420945 |  |
|  |  |  |  | 1754758 |  |
|  ***Commercial Services & Supplies (7.5%)*** |  |  |  |  |  |
|  ACCO Brands Corp. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 3/15/29(x)§ | 276000 |  |  | 255537 |  |
|  ADT Security Corp. (The) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 10/15/33§ | 552000 |  |  | 559104 |  |
|  Allied Universal Holdco LLC |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 6/1/29(x)§ | 248000 |  |  | 245835 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 6/15/30§ | 293000 |  |  | 303779 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 2/15/31§ | 306000 |  |  | 321043 |  |
|  Aramark Services, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 2/1/28§ | 669000 |  |  | 667662 |  |
|  Clarivate Science Holdings Corp. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 7/1/29§ | 513000 |  |  | 440021 |  |
|  Garda World Security Corp. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 2/15/28§ | 170000 |  |  | 173358 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 6/1/29§ | 409000 |  |  | 402693 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 1/15/31§ | 178000 |  |  | 182450 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 8/1/32§ | 247000 |  |  | 251562 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 11/15/32§ | 503000 |  |  | 515771 |  |
|  GFL Environmental Holdings US, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 2/1/34§ | 286000 |  |  | 286715 |  |
|  Madison IAQ LLC |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 6/30/29§ | 358000 |  |  | 357553 |  |
|  Raven Acquisition Holdings LLC |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 11/15/31§ | 494000 |  |  | 493926 |  |
|  Veritiv Operating Co. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.500%, 11/30/30§ | 529000 |  |  | 566083 |  |
|  Waste Pro USA, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 2/1/33§ | 147000 |  |  | 151794 |  |
|  Williams Scotsman, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 10/1/31§ | 391000 |  |  | 407750 |  |
|  |  |  |  | 6582636 |  |
|  ***Construction & Engineering (1.5%)*** |  |  |  |  |  |
|  AECOM |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 8/1/33§ | 278000 |  |  | 284697 |  |
|  Arcosa, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 8/15/32§ | 213000 |  |  | 224038 |  |
|  Brand Industrial Services, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.375%, 8/1/30§ | 379000 |  |  | 363105 |  |
|  Dycom Industries, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 4/15/29§ | 243000 |  |  | 238920 |  |
|  Weekley Homes LLC |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 9/15/28§ | 172000 |  |  | 169432 |  |
|  |  |  |  | 1280192 |  |
|  ***Electrical Equipment (0.2%)*** |  |  |  |  |  |
|  EnerSys |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 1/15/32§ | 164000 |  |  | 169738 |  |
|  ***Ground Transportation (2.4%)*** |  |  |  |  |  |
|  Beacon Mobility Corp. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 8/1/30§ | 237000 |  |  | 248023 |  |
|  Genesee & Wyoming, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 4/15/32§ | 211000 |  |  | 217756 |  |
|  NESCO Holdings II, Inc. | NESCO Holdings II, Inc. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 4/15/29§ | 417000 |  |  | 410391 |  |
|  RXO, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 11/15/27§ | 198000 |  |  | 201736 |  |
|  Synergy Infrastructure Holdings LLC |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 12/1/30§ | 259000 |  |  | 270007 |  |
|  Watco Cos. LLC |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 8/1/32§ | 525000 |  |  | 549397 |  |
|  XPO, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 6/1/31§ | 228000 |  |  | 236550 |  |
|  |  |  |  | 2133860 |  |
|  ***Machinery (2.1%)*** |  |  |  |  |  |
|  ATS Corp. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 12/15/28§ | 305000 |  |  | 297506 |  |
|  Chart Industries, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 1/1/30§ | 503000 |  |  | 524413 |  |
|  Columbus McKinnon Corp. | Columbus McKinnon Corp. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 2/1/33§ | 113000 |  |  | 113593 |  |
|  Enpro, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 6/1/33§ | 155000 |  |  | 159177 |  |
|  Hillenbrand, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 2/15/29 | 241000 |  |  | 243371 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 3/1/31 | 84000 |  |  | 84591 |  |
|  Lsf12 Helix Parent LLC |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 2/1/33§ | 142000 |  |  | 142639 |  |
|  Terex Corp. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 10/15/32§ | 241000 |  |  | 246852 |  |
|  |  |  |  | 1812142 |  |
|  ***Professional Services (0.6%)*** | ***Professional Services (0.6%)*** | **** |  |  |  |
|  CACI International, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 6/15/33§ | 205000 |  |  | 213089 |  |
|  VT Topco, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 8/15/30§ | 294000 |  |  | 300521 |  |
|  |  |  |  | 513610 |  |
|  ***Trading Companies & Distributors (1.2%)*** | ***Trading Companies & Distributors (1.2%)*** | **** |  |  |  |
|  Herc Holdings, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 3/15/34§ | 170000 |  |  | 170797 |  |
|  United Rentals North America, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 12/15/29§ | 252000 |  |  | 257695 |  |
|  WESCO Distribution, Inc. | WESCO Distribution, Inc. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 6/15/28§ | 141000 |  |  | 142773 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 3/15/32§ | 182000 |  |  | 190168 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 3/15/33§ | 299000 |  |  | 310951 |  |
|  |  |  |  | 1072384 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Industrials** |  |  |  | 15916985 |  |
|  **Information Technology (9.8%)** | **Information Technology (9.8%)** |  |  |  |  |
|  ***Electronic Equipment, Instruments & Components (0.2%)*** | ***Electronic Equipment, Instruments & Components (0.2%)*** | ***Electronic Equipment, Instruments & Components (0.2%)*** | ***Electronic Equipment, Instruments & Components (0.2%)*** | ***Electronic Equipment, Instruments & Components (0.2%)*** | **** |
|  Zebra Technologies Corp. | Zebra Technologies Corp. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 6/1/32§ | 162000 |  |  | 166803 |  |
|  ***IT Services (1.7%)*** |  |  |  |  |  |
|  Ahead DB Holdings LLC | Ahead DB Holdings LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 5/1/28(x)§ | 284000 |  |  | 281350 |  |
|  ION Platform Finance US, Inc. | ION Platform Finance US, Inc. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 5/1/28§ | 200000 |  |  | 186750 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 5/15/28(x)§ | 400000 |  |  | 379000 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 5/1/29§ | 200000 |  |  | 190500 |  |
|  Unisys Corp. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.625%, 1/15/31(x)§ | 443000 |  |  | 419743 |  |
|  |  |  |  | 1457343 |  |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 HIGH YIELD BOND FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
|  | **Principal<br>Amount** |  | **Value<br>(Note 1)** |
|  ***Semiconductors & Semiconductor Equipment (0.6%)*** | ***Semiconductors & Semiconductor Equipment (0.6%)*** | **** |  |
|  Amkor Technology, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 10/1/33§ | $297000 |  | $302383 |
|  Qnity Electronics, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 8/15/33§ | 230000 |  | 237188 |
|  |  |  | 539571 |
|  ***Software (7.3%)*** |  |  |  |
|  AthenaHealth Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 2/15/30§ | 612000 |  | 593640 |
|  Capstone Borrower, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 6/15/30§ | 591000 |  | 562928 |
|  Central Parent, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 6/15/29§ | 164000 |  | 128330 |
|  Cloud Software Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 3/31/29§ | 163000 |  | 162185 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 9/30/29§ | 626000 |  | 632260 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 6/30/32§ | 298000 |  | 303030 |
|  Ellucian Holdings, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 12/1/29§ | 180000 |  | 177467 |
|  Gen Digital, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 9/30/30§ | 251000 |  | 257064 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 4/1/33§ | 281000 |  | 281790 |
|  McAfee Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 2/15/30§ | 584000 |  | 461360 |
|  NCR Voyix Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 10/1/28§ | 225000 |  | 222187 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 4/15/29§ | 221000 |  | 217685 |
|  Rocket Software, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 11/28/28§ | 272000 |  | 271320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 2/15/29§ | 178000 |  | 157850 |
|  SS&C Technologies, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 9/30/27§ | 386000 |  | 385035 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 6/1/32§ | 242000 |  | 249611 |
|  UKG, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 2/1/31§ | 586000 |  | 585268 |
|  ZoomInfo Technologies LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 2/1/29§ | 824000 |  | 751900 |
|  |  |  | 6400910 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Information Technology** |  |  | 8564627 |
|  **Materials (12.7%)** |  |  |  |
|  ***Chemicals (5.9%)*** |  |  |  |
|  Avient Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 8/1/30§ | 348000 |  | 357205 |
|  Axalta Coating Systems LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 6/15/27§ | 178000 |  | 177158 |
|  Celanese US Holdings LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 4/15/33(x) | 601000 |  | 607821 |
|  HB Fuller Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 10/15/28(x) | 226000 |  | 221785 |
|  Illuminate Buyer LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 7/1/28§ | 156000 |  | 155805 |
|  INEOS Quattro Finance 2 plc |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.625%, 3/15/29§ | 400000 |  | 317500 |
|  Maxam Prill Sarl |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 7/15/30§ | 400000 |  | 415000 |
|  Minerals Technologies, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 7/1/28§ | 508000 |  | 506161 |
|  NOVA Chemicals Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 11/15/28§ | 375000 |  | 391920 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 2/15/30§ | 100000 |  | 106470 |
|  Nufarm Australia Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 1/27/30§ | 462000 |  | 421829 |
|  Olympus Water US Holding Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 6/15/31§ | 354000 |  | 362921 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 2/15/33§ | 200000 |  | 198750 |
|  Solstice Advanced Materials, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 9/30/33§ | 168000 |  | 168914 |
|  WR Grace Holdings LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 8/15/29§ | 734000 |  | 700823 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 8/1/33§ | 82000 |  | 82084 |
|  |  |  | 5192146 |
|  ***Containers & Packaging (5.1%)*** |  |  |  |
|  Ardagh Metal Packaging Finance USA LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 9/1/29§ | 400000 |  | 380000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 1/30/31§ | 216000 |  | 222329 |
|  Clydesdale Acquisition Holdings, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 4/15/30(x)§ | 695000 |  | 693914 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 4/15/32§ | 166000 |  | 166830 |
|  Graphic Packaging International LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 7/15/32(x)§ | 156000 |  | 157560 |
|  Mauser Packaging Solutions Holding Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 4/15/30§ | 370000 |  | 376938 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.250%, 4/15/30§ | 820000 |  | 805379 |
|  Owens-Brockway Glass Container, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 5/13/27§ | 270000 |  | 270169 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 5/15/31(x)§ | 250000 |  | 253852 |
|  Sealed Air Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 2/1/28§ | 153000 |  | 155073 |
|  Toucan FinCo Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.500%, 5/15/30§ | 322000 |  | 310730 |
|  Trivium Packaging Finance BV |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 7/15/30§ | 200000 |  | 213538 |
| &nbsp;&nbsp;&nbsp;&nbsp; 12.250%, 1/15/31§ | 400000 |  | 437000 |
|  |  |  | 4443312 |
|  ***Metals & Mining (1.3%)*** |  |  |  |
|  Commercial Metals Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 12/15/35§ | 187000 |  | 190740 |
|  Kaiser Aluminum Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 6/1/31§ | 370000 |  | 356932 |
|  Novelis Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 1/30/30§ | 218000 |  | 225543 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 8/15/33§ | 319000 |  | 324582 |
|  |  |  | 1097797 |
|  ***Paper & Forest Products (0.4%)*** |  |  |  |
|  Magnera Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 11/15/31(x)§ | 400000 |  | 379000 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Materials** |  |  | 11112255 |
|  **Real Estate (1.8%)** |  |  |  |
|  ***Diversified REITs (0.2%)*** |  |  |  |
|  VICI Properties LP (REIT) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 12/1/26§ | 204000 |  | 203912 |
|  ***Hotel & Resort REITs (0.5%)*** |  |  |  |
|  Park Intermediate Holdings LLC (REIT) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 10/1/28§ | 204000 |  | 203884 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 HIGH YIELD BOND FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
|  | **Principal<br>Amount** | **Principal<br>Amount** | **Value**<br>**(Note 1)** |
|  Pebblebrook Hotel LP (REIT) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 10/15/29§ | $| 198000 | $202081 |
|  |  |  | 405965 |
|  ***Real Estate Management & Development (0.7%)*** |  |  |  |
|  Cushman & Wakefield US Borrower LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 5/15/28(x)§ |  | 332000 | 333587 |
|  Greystar Real Estate Partners LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 9/1/30§ |  | 250000 | 263232 |
|  |  |  | 596819 |
|  ***Specialized REITs (0.4%)*** |  |  |  |
|  Iron Mountain, Inc. (REIT) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 7/15/28§ |  | 300000 | 298875 |
|  SBA Communications Corp. (REIT) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 2/15/27 |  | 76000 | 75315 |
|  |  |  | 374190 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Real Estate** |  |  | 1580886 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Corporate Bonds** |  |  | 81578105 |
|  **Total Long-Term Debt Securities (93.5%)**<br> *(Cost $81,145,571)* |  |  | 81578105 |
|  | **Number of<br>Shares** | **Number of<br>Shares** |  |
|  SHORT-TERM INVESTMENTS: |  |  |  |
|  **Investment Companies (8.9%)** |  |  |  |
|  Blackrock Liquidity Fedfund, Institutional Shares 3.57% (7 day yield)(xx) |  | 900000 | 900000 |
|  Dreyfus Treasury Obligations Cash Management Fund 3.58% (7 day yield)(xx) |  | 900000 | 900000 |
|  Invesco Government & Agency Portfolio, Institutional Shares 3.61% (7 day yield)(xx) |  | 2246370 | 2246370 |
|  JPMorgan Prime Money Market Fund, IM Shares 3.86% (7 day yield) |  | 3737506 | 3739001 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Investment Companies** |  |  | 7785371 |
|  **Total Short-Term Investments (8.9%)**<br> *(Cost $7,785,380)* |  |  | 7785371 |
|  **Total Investments in Securities (102.4%)**<br> *(Cost $88,930,951)* |  |  | 89363476 |
|  **Other Assets Less Liabilities (-2.4%)** | **Other Assets Less Liabilities (-2.4%)** | **Other Assets Less Liabilities (-2.4%)** | (2085228) |
|  **Net Assets (100%)** |  |  | $87278248 |

---

---

| | |
|:---|:---|
| *§* | *Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may only be resold to qualified institutional buyers. At January 31, 2026, the market value of these securities amounted to $77,547,763 or 88.9% of net assets.*  |

---

*(x)* *All or a portion of security is on loan at January 31, 2026.* 

*(xx)* *At January 31, 2026, the Fund had loaned securities with a total value of $3,949,257. This was collateralized by cash of $4,046,370 which was subsequently invested in investment companies.* 

*Glossary:* 

*PIK — Payment-in Kind Security* 

*REIT — Real Estate Investment Trust* 

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 HIGH YIELD BOND FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

The following is a summary of the inputs, summarized in three broad levels, used to value the Fund's assets and liabilities carried at fair value as of January 31, 2026:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investment Type** | **Level 1<br>Quoted Prices in Active<br>Markets for Identical<br>Securities** | **Level 2<br>Significant Other<br>Observable Inputs<br>(including quoted prices<br>for similar securities,<br>interest rates,<br>prepayment speeds,<br>credit risk, etc.)** | **Level 3<br>Significant Unobservable**<br>**Inputs (including the**<br>**Fund's own**<br>**assumptions in<br>determining the fair<br>value of investments)** | **Total** |
|  **Assets:** |  |  |  |  |
|  **Corporate Bonds** |  |  |  |  |
|  Communication Services | $— | $8305668 | $— | $8305668 |
|  Consumer Discretionary |  | 14887845 |  | 14887845 |
|  Consumer Staples |  | 3566265 |  | 3566265 |
|  Energy |  | 7279685 |  | 7279685 |
|  Financials |  | 5534103 |  | 5534103 |
|  Health Care |  | 4829786 |  | 4829786 |
|  Industrials |  | 15916985 |  | 15916985 |
|  Information Technology |  | 8564627 |  | 8564627 |
|  Materials |  | 11112255 |  | 11112255 |
|  Real Estate |  | 1580886 |  | 1580886 |
|  **Short-Term Investments** |  |  |  |  |
|  Investment Companies | 7785371 |  |  | 7785371 |
|  **Total Assets** | $**7785371** | $**81578105** | $**—** | $**89363476** |
|  **Total** | $**7785371** | $**81578105** | $**—** | $**89363476** |

---

As of January 31, 2026, 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 | $1493211 |
|  Aggregate gross unrealized depreciation | (1453708) |
|  Net unrealized appreciation | $39503 |
|  Federal income tax cost of investments in securities and derivative instruments, if applicable | $89323973 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 LOOMIS SAYLES MULTI-ASSET INCOME FUND

PORTFOLIO OF INVESTMENTS

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal<br>Amount** | **Value**<br>**(Note 1)** |
|  LONG-TERM DEBT SECURITIES: |  |  |
|  **Asset-Backed Securities (0.7%)** |  |  |
|  RFS Asset Securitization V LLC, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-1 B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.195%, 5/15/32§ | $295000 | $297628 |
|  Sound Point CLO XXVII Ltd., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-2A AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.110%, 10/25/34(l)§ | 340000 | 340343 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Asset-Backed Securities** |  | 637971 |
|  **Convertible Bonds (2.8%)** |  |  |
|  **Communication Services (0.2%)** |  |  |
|  ***Diversified Telecommunication Services (0.1%)*** |  |  |
|  AST SpaceMobile, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 1/15/36§ | 83000 | 113063 |
|  ***Entertainment (0.1%)*** |  |  |
|  Liberty Media Corp.-Liberty Formula One |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.250%, 8/15/27 | 94000 | 109886 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Communication Services** |  | 222949 |
|  **Health Care (0.6%)** |  |  |
|  ***Biotechnology (0.4%)*** |  |  |
|  Alnylam Pharmaceuticals, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.000%, 9/15/27 | 83000 | 108193 |
|  Ascendis Pharma A/S |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.250%, 4/1/28 | 73000 | 107821 |
|  Ionis Pharmaceuticals, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 6/15/28 | 69000 | 113144 |
|  |  | 329158 |
|  ***Health Care Equipment & Supplies (0.1%)*** |  |  |
|  IRhythm Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.500%, 9/1/29 | 88000 | 111936 |
|  ***Pharmaceuticals (0.1%)*** |  |  |
|  Ligand Pharmaceuticals, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.750%, 10/1/30§ | 61000 | 72752 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Health Care** |  | 513846 |
|  **Industrials (0.4%)** |  |  |
|  ***Aerospace & Defense (0.1%)*** |  |  |
|  BWX Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (Zero Coupon), 11/1/30§ | 108000 | 111348 |
|  ***Electrical Equipment (0.3%)*** |  |  |
|  Bloom Energy Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (Zero Coupon), 11/15/30§ | 100000 | 112900 |
|  Stem, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.500%, 12/1/28§ | 245000 | 97975 |
|  |  | 210875 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Industrials** |  | 322223 |
|  **Information Technology (1.3%)** |  |  |
|  ***Communications Equipment (0.1%)*** |  |  |
|  Lumentum Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.375%, 3/15/32§ | 52000 | 117855 |
|  ***Electronic Equipment, Instruments & Components (0.1%)*** |  |  |
|  Advanced Energy Industries, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 9/15/28 | 57000 | 110779 |
|  ***IT Services (0.2%)*** |  |  |
|  Cloudflare, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (Zero Coupon), 6/15/30§ | 100000 | 105310 |
|  Spotify USA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (Zero Coupon), 3/15/26 | 44000 | 44396 |
|  |  | 149706 |
|  ***Semiconductors & Semiconductor Equipment (0.2%)*** |  |  |
|  MKS, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.250%, 6/1/30 | 69000 | 116054 |
|  Semtech Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (Zero Coupon), 10/15/30§ | 101000 | 113609 |
|  |  | 229663 |
|  ***Software (0.4%)*** |  |  |
|  CyberArk Software Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (Zero Coupon), 6/15/30§ | 100000 | 105250 |
|  Guidewire Software, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.250%, 11/1/29 | 53000 | 51251 |
|  IREN Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 33 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.000%, 6/1/33§ | 69000 | 84490 |
|  Unity Software, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (Zero Coupon), 3/15/30§ | 82000 | 92151 |
|  |  | 333142 |
|  ***Technology Hardware, Storage & Peripherals (0.3%)*** |  |  |
|  Seagate HDD Cayman |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 6/1/28 | 25000 | 123988 |
|  Western Digital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 11/15/28 | 18000 | 119572 |
|  |  | 243560 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Information Technology** |  | 1184705 |
|  **Materials (0.1%)** |  |  |
|  ***Metals & Mining (0.1%)*** |  |  |
|  B2Gold Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 2/1/30§ | 45000 | 77380 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Materials** |  | 77380 |
|  **Real Estate (0.1%)** |  |  |
|  ***Health Care REITs (0.1%)*** |  |  |
|  Welltower OP LLC (REIT) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 5/15/28§ | 58000 | 115275 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Real Estate** |  | 115275 |
|  **Utilities (0.1%)** |  |  |
|  ***Electric Utilities (0.1%)*** |  |  |
|  Evergy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 12/15/27 | 88000 | 111760 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Utilities** |  | 111760 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Convertible Bonds** |  | 2548138 |
|  **Corporate Bonds (35.9%)** |  |  |
|  **Communication Services (2.0%)** |  |  |
|  ***Diversified Telecommunication Services (0.4%)*** |  |  |
|  Level 3 Financing, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 7/15/29§ | 93000 | 85788 |
|  Telecom Italia Capital SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.721%, 6/4/38 | 103000 | 115030 |
|  WULF Compute LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 10/15/30§ | 195000 | 203897 |
|  |  | 404715 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 LOOMIS SAYLES MULTI-ASSET INCOME FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal<br>Amount** | **Value**<br>**(Note 1)** |
|  ***Entertainment (0.2%)*** |  |  |
|  Warnermedia Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.279%, 3/15/32(x) | $204000 | $179316 |
|  ***Media (0.9%)*** |  |  |
|  AMC Networks, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.250%, 1/15/29§ | 19000 | 19793 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.500%, 7/15/32§ | 71000 | 76325 |
|  Directv Financing LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.875%, 2/1/30§ | 110000 | 111375 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.000%, 2/15/31§ | 20000 | 20600 |
|  Discovery Communications LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.350%, 6/1/40 | 62000 | 50453 |
|  DISH DBS Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 12/1/26§ | 19000 | 18437 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 12/1/28§ | 20000 | 19276 |
|  Dotdash Meredith, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.625%, 6/15/32§ | 91000 | 83136 |
|  EchoStar Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.750%, 11/30/29 | 146622 | 160734 |
|  iHeartCommunications, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 8/15/30§ | 96103 | 82168 |
|  McGraw-Hill Education, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 8/1/29§ | 133000 | 134089 |
|  Univision Communications, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.375%, 8/1/32§ | 20000 | 21525 |
|  Versant Media Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 1/30/31§ | 20000 | 20489 |
|  |  | 818400 |
|  ***Wireless Telecommunication Services (0.5%)*** |  |  |
|  Hughes Satellite Systems Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 8/1/26 | 27000 | 25517 |
|  Millicom International Cellular SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 4/27/31(m) | 245000 | 228156 |
|  SES AMERICOM, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 3/25/44§ | 66000 | 52996 |
|  T-Mobile USA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 4/15/34 | 155000 | 157459 |
|  |  | 464128 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Communication Services** |  | 1866559 |
|  **Consumer Discretionary (3.8%)** |  |  |
|  ***Automobile Components (0.6%)*** |  |  |
|  American Axle & Manufacturing, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 10/15/33§ | 150000 | 154052 |
|  Clarios Global LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 9/15/32§ | 48000 | 49622 |
|  Garrett Motion Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 5/31/32§ | 80000 | 84698 |
|  Magna International, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 6/1/35 | 70000 | 73803 |
|  Patrick Industries, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 5/1/29§ | 198000 | 196010 |
|  |  | 558185 |
|  ***Broadline Retail (1.1%)*** |  |  |
|  Getty Images, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 11.250%, 2/21/30§ | 63367 | 56493 |
|  Kohl's Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.000%, 6/1/30(x)§ | 90000 | 98279 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 5/1/31(e) | 37000 | 31635 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 7/17/45 | 85000 | 57400 |
|  Macy's Retail Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 12/15/34 | 146000 | 131400 |
|  Match Group Holdings II LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 9/15/33§ | 90000 | 90250 |
|  Nordstrom, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 3/15/27 | 89000 | 87756 |
|  Rakuten Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.750%, 4/15/29§ | 200000 | 223840 |
|  Wayfair LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 9/15/30§ | 182000 | 193903 |
|  |  | 970956 |
|  ***Distributors (0.2%)*** |  |  |
|  RB Global Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 3/15/28(x)§ | 179000 | 182054 |
|  ***Diversified Consumer Services (0.1%)*** |  |  |
|  StoneMor, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 5/15/29§ | 93000 | 90667 |
|  ***Hotels, Restaurants & Leisure (1.1%)*** |  |  |
|  Carnival Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 6/15/31§ | 270000 | 279056 |
|  Great Canadian Gaming Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 11/15/29§ | 90000 | 91377 |
|  Hilton Domestic Operating Co., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 4/1/29§ | 212000 | 216694 |
|  Hilton Grand Vacations Borrower LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 7/1/31(x)§ | 56000 | 52281 |
|  Hyatt Hotels Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 3/30/32 | 70000 | 73307 |
|  Travel + Leisure Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 9/1/33§ | 105000 | 105987 |
|  VOC Escrow Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 2/15/28§ | 208000 | 207438 |
|  |  | 1026140 |
|  ***Household Durables (0.4%)*** |  |  |
|  Somnigroup International, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 4/15/29§ | 199000 | 193030 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 10/15/31§ | 17000 | 15853 |
|  Toll Brothers Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 6/15/35 | 130000 | 134931 |
|  TopBuild Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 1/31/34§ | 45000 | 45447 |
|  |  | 389261 |
|  ***Leisure Products (0.2%)*** |  |  |
|  Amer Sports Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 2/16/31§ | 145000 | 150767 |
|  ***Textiles, Apparel & Luxury Goods (0.1%)*** |  |  |
|  Under Armour, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 7/15/30§ | 119000 | 121826 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Consumer Discretionary** |  | 3489856 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 LOOMIS SAYLES MULTI-ASSET INCOME FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal<br>Amount** | **Value**<br>**(Note 1)** |
|  **Consumer Staples (0.1%)** |  |  |
|  ***Food Products (0.1%)*** |  |  |
|  JBS NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 4/20/35 | $75000 | $78785 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Consumer Staples** |  | 78785 |
|  **Energy (5.3%)** |  |  |
|  ***Energy Equipment & Services (0.8%)*** |  |  |
|  Enerflex, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 1/15/31§ | 141000 | 145372 |
|  Nabors Industries, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.625%, 11/15/32§ | 118000 | 120176 |
|  Tidewater, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.125%, 7/15/30§ | 173000 | 187163 |
|  Transocean International Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 5/15/29§ | 135000 | 137363 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 5/15/31(x)§ | 16000 | 16268 |
|  Weatherford International Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 10/15/33§ | 92000 | 95249 |
|  |  | 701591 |
|  ***Oil, Gas & Consumable Fuels (4.5%)*** |  |  |
|  Antero Midstream Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 10/15/33§ | 88000 | 88889 |
|  Boardwalk Pipelines LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 2/15/36 | 164000 | 164202 |
|  California Resources Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 6/15/29§ | 69000 | 72654 |
|  Chord Energy Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 10/1/30§ | 40000 | 40604 |
|  CNX Resources Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 1/15/29§ | 134000 | 134359 |
|  CVR Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 1/15/29§ | 84000 | 87655 |
|  DT Midstream, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 6/15/31§ | 58000 | 56861 |
|  Energy Transfer LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 4/1/35 | 120000 | 124386 |
| &nbsp;&nbsp;&nbsp;&nbsp; (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 2.48%), 6.750%, 2/15/56(k) | 430000 | 431613 |
|  Excelerate Energy LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 5/15/30§ | 222000 | 237289 |
|  Exxon Mobil Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.095%, 8/16/49 | 225000 | 153177 |
|  Florida Gas Transmission Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 7/15/35§ | 100000 | 103328 |
|  FS Luxembourg Sarl |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.125%, 2/11/36§ | 472000 | 461852 |
|  Genesis Energy LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 5/15/33 | 120000 | 125317 |
|  Hess Midstream Operations LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 2/15/30§ | 300000 | 292953 |
|  NGL Energy Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.125%, 2/15/29§ | 118000 | 122278 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 2/15/32§ | 41000 | 42857 |
|  PBF Holding Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 2/15/28 | 75000 | 74865 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 9/15/30§ | 159000 | 159199 |
|  Petrobras Global Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 1/10/36 | 435000 | 428475 |
|  Saudi Arabian Oil Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 7/17/54§ | 275000 | 260158 |
|  Talos Production, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.375%, 2/1/31§ | 100000 | 105730 |
|  TransMontaigne Partners LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 6/15/30§ | 43000 | 44434 |
|  Vermilion Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 2/15/33§ | 85000 | 82237 |
|  W&T Offshore, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.750%, 2/1/29§ | 58000 | 57211 |
|  Western Midstream Operating LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.150%, 4/1/33 | 20000 | 21104 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 12/15/35 | 43000 | 42805 |
|  Williams Cos., Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 3/15/36 | 145000 | 144016 |
|  |  | 4160508 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Energy** |  | 4862099 |
|  **Financials (12.4%)** |  |  |
|  ***Banks (5.9%)*** |  |  |
|  Banco Bilbao Vizcaya Argentaria SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.381%, 3/13/29 | 200000 | 207184 |
| &nbsp;&nbsp;&nbsp;&nbsp; (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.25%), 7.750%, 1/14/32(k)(y) | 400000 | 429780 |
|  Banco Santander SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.91%), 8.000%, 2/1/34(k)(y) | 200000 | 220400 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.127%, 11/6/35 | 200000 | 199441 |
|  Barclays plc |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (SOFR + 3.57%), 7.119%, 6/27/34(k) | 265000 | 295248 |
|  BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.38%), 7.625%, 2/11/35(k)§ | 200000 | 211335 |
|  BNP Paribas SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 2.94%), 4.500%, 2/25/30(k)(y)§ | 315000 | 295511 |
| &nbsp;&nbsp;&nbsp;&nbsp; (SOFR + 1.29%), 4.916%, 1/15/34(k)§ | 250000 | 248894 |
|  Citigroup, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (SOFR + 1.49%), 5.174%, 9/11/36(k) | 130000 | 130596 |
|  HSBC Holdings plc |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (SOFR + 3.02%), 7.399%, 11/13/34(k) | 270000 | 306524 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 LOOMIS SAYLES MULTI-ASSET INCOME FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal<br>Amount** | **Value<br>(Note 1)** |
| &nbsp;&nbsp;&nbsp;&nbsp; (SOFR + 1.43%), 5.133%, 11/6/36(k) | $240000 | $239237 |
|  Intesa Sanpaolo SpA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 3.90%), 7.778%, 6/20/54(k)§ | 265000 | 319306 |
|  Lloyds Banking Group plc |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.60%), 6.068%, 6/13/36(k) | 245000 | 256762 |
|  NatWest Group plc |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.75%), 8.125%, 11/10/33(k)(y) | 200000 | 225500 |
|  Nordea Bank Abp |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 2.72%), 6.750%, 11/10/33(k)(y)§ | 395000 | 405862 |
|  Societe Generale SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (SOFR + 1.73%), 5.439%, 10/3/36(k)§ | 305000 | 305177 |
| &nbsp;&nbsp;&nbsp;&nbsp; (US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 2.95%), 7.132%, 1/19/55(k)§ | 200000 | 212665 |
|  Standard Chartered plc |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 2.87%), 7.000%, 11/14/35(k)(y)§ | 461000 | 474332 |
| &nbsp;&nbsp;&nbsp;&nbsp; (US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.20%), 5.400%, 8/12/36(k)§ | 200000 | 203154 |
|  UniCredit SpA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (USD ICE Swap Rate 5 Year + 4.91%), 7.296%, 4/2/34(k)§ | 240000 | 256781 |
|  |  | 5443689 |
|  ***Capital Markets (3.6%)*** |  |  |
|  Antares Holdings LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.350%, 10/23/29§ | 250000 | 255443 |
|  Apollo Debt Solutions BDC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 1/23/31§ | 122000 | 121242 |
|  Ares Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 4/12/31 | 155000 | 152364 |
|  Ares Strategic Income Fund |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 4/15/31§ | 461000 | 455478 |
|  Blue Owl Capital Corp. II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.450%, 11/15/26 | 70000 | 71681 |
|  Deutsche Bank AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (SOFR + 3.65%), 7.079%, 2/10/34(k) | 200000 | 219705 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series USTR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (USD SOFR Spread- Adjusted ICE Swap Rate 5 Year + 4.36%), 8.130%, 4/30/30(k)(m)(y) | 200000 | 215188 |
|  Goldman Sachs Group, Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (SOFR + 1.19%), 5.065%, 1/21/37(k) | 136000 | 135536 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series X |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 2.81%), 7.500%, 5/10/29(k)(x)(y) | 300000 | 315933 |
|  Jane Street Group |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 5/1/33§ | 321000 | 333025 |
|  LPL Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 6/15/30 | 225000 | 229365 |
|  Morgan Stanley |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (SOFR + 1.56%), 5.320%, 7/19/35(k) | 160000 | 163867 |
|  Stonex Escrow Issuer LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 7/15/32§ | 162000 | 166957 |
|  UBS Group AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (ICE IBA - USD SOFR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; ICE Swap Rate 5 Year + 3.30%), 7.000%, 2/5/35(k)(y)§ | 200000 | 202718 |
| &nbsp;&nbsp;&nbsp;&nbsp; (ICE IBA - USD SOFR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; ICE Swap Rate 5 Year + 3.32%), 7.000%, 1/8/36(k)(y)§ | 225000 | 227968 |
|  |  | 3266470 |
|  ***Consumer Finance (1.5%)*** |  |  |
|  Atlanticus Holdings Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.750%, 9/1/30§ | 77000 | 73350 |
|  Cobra AcquisitionCo LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 11/1/29§ | 78000 | 67220 |
|  Enova International, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 11.250%, 12/15/28§ | 93000 | 98464 |
|  EZCORP, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 4/1/32§ | 163000 | 173849 |
|  Global Aircraft Leasing Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 9/1/27§ | 174000 | 180690 |
|  goeasy Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 10/1/30§ | 182000 | 175130 |
|  LFS Topco LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 7/15/30§ | 108000 | 108563 |
|  Stellantis Financial Services US Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 9/15/28§ | 200000 | 202799 |
|  Synchrony Financial |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (United States SOFR Compounded Index + 2.13%), 5.935%, 8/2/30(k) | 65000 | 67250 |
| &nbsp;&nbsp;&nbsp;&nbsp; (SOFR + 1.68%), 5.450%, 3/6/31(k) | 65000 | 66224 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 2/2/33 | 122000 | 129404 |
|  |  | 1342943 |
|  ***Financial Services (0.6%)*** |  |  |
|  Apollo Global Management, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 8/12/35 | 87000 | 86671 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 LOOMIS SAYLES MULTI-ASSET INCOME FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal<br>Amount** | **Value**<br>**(Note 1)** |
|  Mobius Merger Sub, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 6/1/30§ | $55000 | $32175 |
|  Planet Financial Group LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.500%, 12/15/29§ | 92000 | 95377 |
|  Turkiye Sinai Kalkinma Bankasi A/S |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 7/2/30§ | 320000 | 332800 |
|  UWM Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 3/15/31§ | 27000 | 26825 |
|  |  | 573848 |
|  ***Insurance (0.5%)*** |  |  |
|  APH Somerset Investor 2 LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 11/1/29§ | 180000 | 182560 |
|  HUB International Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 1/31/32§ | 141000 | 147697 |
|  Nassau Cos. of New York (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 7/15/30§ | 139000 | 131702 |
|  USI, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 1/15/32§ | 36000 | 37665 |
|  |  | 499624 |
|  ***Mortgage Real Estate Investment Trusts (REITs) (0.3%)*** |  |  |
|  Apollo Commercial Real Estate Finance, Inc. (REIT) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 6/15/29§ | 104000 | 103657 |
|  Blackstone Mortgage Trust, Inc. (REIT) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 12/1/29§ | 91000 | 97301 |
|  Rithm Capital Corp. (REIT) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 7/15/30§ | 68000 | 69296 |
|  |  | 270254 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Financials** |  | 11396828 |
|  **Health Care (0.9%)** |  |  |
|  ***Biotechnology (0.4%)*** |  |  |
|  Biogen, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 1/15/31 | 95000 | 97695 |
|  Emergent BioSolutions, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 8/15/28§ | 52000 | 46298 |
|  Genmab A/S |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 12/15/32§ | 203000 | 208087 |
|  |  | 352080 |
|  ***Pharmaceuticals (0.5%)*** |  |  |
|  Amneal Pharmaceuticals LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 8/1/32§ | 78000 | 82076 |
|  HLF Financing Sarl LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 12.250%, 4/15/29§ | 15000 | 16128 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 6/1/29§ | 183000 | 173566 |
|  Jazz Securities DAC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 1/15/29(x)§ | 233000 | 229214 |
|  |  | 500984 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Health Care** |  | 853064 |
|  **Industrials (3.5%)** |  |  |
|  ***Aerospace & Defense (0.7%)*** |  |  |
|  ATI, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 12/1/27 | 113000 | 112995 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 10/1/31 | 18000 | 18014 |
|  Boeing Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.388%, 5/1/31 | 25000 | 27123 |
|  Bombardier, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 11/15/30§ | 14000 | 14985 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.450%, 5/1/34§ | 200000 | 224000 |
|  General Dynamics Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 8/15/35(x) | 55000 | 55989 |
|  Moog, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 12/15/27§ | 197000 | 195726 |
|  Spirit AeroSystems, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 6/15/28 | 38000 | 38257 |
|  |  | 687089 |
|  ***Air Freight & Logistics (0.3%)*** |  |  |
|  Rand Parent LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 2/15/30§ | 178000 | 186026 |
|  United Parcel Service, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 5/14/35 | 60000 | 62223 |
|  |  | 248249 |
|  ***Commercial Services & Supplies (0.5%)*** |  |  |
|  Deluxe Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 6/1/29§ | 237000 | 240448 |
|  Garda World Security Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 8/1/32§ | 20000 | 20370 |
|  Madison IAQ LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 6/30/29§ | 100000 | 99875 |
|  Pitney Bowes, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 3/15/27§ | 25000 | 24988 |
|  Republic Services, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 4/1/34 | 50000 | 51051 |
|  Rollins, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 2/24/35 | 35000 | 35446 |
|  |  | 472178 |
|  ***Construction & Engineering (0.2%)*** |  |  |
|  Brundage-Bone Concrete Pumping Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 2/1/32§ | 91000 | 91569 |
|  Great Lakes Dredge & Dock Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 6/1/29§ | 16000 | 15726 |
|  Tutor Perini Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 11.875%, 4/30/29§ | 42000 | 46303 |
|  |  | 153598 |
|  ***Electrical Equipment (0.2%)*** |  |  |
|  EnerSys |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 12/15/27§ | 183000 | 181876 |
|  ***Ground Transportation (0.5%)*** |  |  |
|  Avis Budget Car Rental LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 3/1/29§ | 112000 | 109261 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 6/15/32§ | 74000 | 76012 |
|  Carriage Purchaser, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 10/15/29§ | 53000 | 52349 |
|  Dcli Bidco LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 11/15/29§ | 98000 | 99797 |
|  Star Leasing Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.625%, 2/15/30§ | 88000 | 84040 |
|  |  | 421459 |
|  ***Machinery (0.5%)*** |  |  |
|  Deere & Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 1/19/55 | 85000 | 88166 |
|  Enpro, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 6/1/33§ | 55000 | 56482 |
|  Manitowoc Co., Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.250%, 10/1/31§ | 87000 | 94513 |
|  Mueller Water Products, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 6/15/29§ | 186000 | 180216 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 LOOMIS SAYLES MULTI-ASSET INCOME FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal<br>Amount** | **Value**<br>**(Note 1)** |
|  SPX FLOW, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 4/1/30§ | $40000 | $41036 |
|  |  | 460413 |
|  ***Marine Transportation (0.1%)*** |  |  |
|  Danaos Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 10/15/32§ | 87000 | 89860 |
|  ***Passenger Airlines (0.4%)*** |  |  |
|  Allegiant Travel Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 8/15/27§ | 138000 | 139604 |
|  Avianca Midco 2 plc |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 12/1/28(x)§ | 107228 | 109177 |
|  Delta Air Lines, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 7/10/30 | 55000 | 56353 |
|  JetBlue Airways Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.875%, 9/20/31§ | 93000 | 93465 |
|  VistaJet Malta Finance plc |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 5/1/27§ | 11000 | 11014 |
|  |  | 409613 |
|  ***Trading Companies & Distributors (0.1%)*** |  |  |
|  Alta Equipment Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 6/1/29(x)§ | 75000 | 71760 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Industrials** |  | 3196095 |
|  **Information Technology (2.3%)** |  |  |
|  ***Communications Equipment (0.6%)*** |  |  |
|  Ciena Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 1/31/30(x)§ | 179000 | 172459 |
|  Viasat, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 7/15/28§ | 62000 | 61147 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 5/30/31§ | 97000 | 94005 |
|  Viavi Solutions, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 10/1/29(x)§ | 188000 | 179070 |
|  |  | 506681 |
|  ***Electronic Equipment, Instruments & Components (0.2%)*** |  |  |
|  Jabil, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 2/1/29 | 25000 | 25851 |
|  TTM Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 3/1/29§ | 175000 | 169979 |
|  |  | 195830 |
|  ***IT Services (0.5%)*** |  |  |
|  Arches Buyer, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 12/1/28§ | 98000 | 95669 |
|  CoreWeave, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.250%, 6/1/30(x)§ | 139000 | 136651 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 2/1/31§ | 60000 | 57600 |
|  Twilio, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 3/15/29(x) | 198000 | 189838 |
|  |  | 479758 |
|  ***Semiconductors & Semiconductor Equipment (0.1%)*** |  |  |
|  Micron Technology, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.050%, 11/1/35 | 125000 | 134361 |
|  ***Software (0.3%)*** |  |  |
|  Crowdstrike Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 2/15/29 | 182000 | 173823 |
|  Roper Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 9/15/28 | 65000 | 65334 |
|  Synopsys, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 4/1/35 | 50000 | 50663 |
|  |  | 289820 |
|  ***Technology Hardware, Storage & Peripherals (0.6%)*** |  |  |
|  Dell International LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 2/1/33 | 155000 | 162555 |
|  NetApp, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 3/17/35 | 55000 | 57256 |
|  Seagate Data Storage Technology Pte. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 12/15/29§ | 37000 | 39035 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 7/15/30§ | 201000 | 207215 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.625%, 12/1/32§ | 29000 | 32808 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 12/1/34(x)§ | 19000 | 19321 |
|  |  | 518190 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Information Technology** |  | 2124640 |
|  **Materials (3.1%)** |  |  |
|  ***Chemicals (0.6%)*** |  |  |
|  Chemours Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 1/15/33(x)§ | 150000 | 150516 |
|  Mativ Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 10/1/29§ | 50000 | 50346 |
|  Rain Carbon, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 12.250%, 9/1/29(x)§ | 58000 | 61645 |
|  SK Invictus Intermediate II Sarl |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 10/30/29§ | 97000 | 95588 |
|  Tronox, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 3/15/29§ | 129000 | 99330 |
|  Westlake Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 11/15/35 | 107000 | 106513 |
|  |  | 563938 |
|  ***Containers & Packaging (0.6%)*** |  |  |
|  Cascades, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 7/15/30§ | 172000 | 177855 |
|  Owens-Brockway Glass Container, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 6/1/32(x)§ | 177000 | 180257 |
|  TriMas Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 4/15/29§ | 179000 | 174501 |
|  |  | 532613 |
|  ***Metals & Mining (1.9%)*** |  |  |
|  Alumina Pty. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 3/15/30§ | 246000 | 253534 |
|  Champion Iron Canada, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 7/15/32§ | 201000 | 215070 |
|  Compass Minerals International, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 7/1/30§ | 99000 | 104761 |
|  Corp. Nacional del Cobre de Chile |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.529%, 1/30/37§ | 318000 | 318572 |
|  Fortescue Treasury Pty. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 9/15/27§ | 119000 | 118711 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 4/15/30§ | 93000 | 95598 |
|  Mineral Resources Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.250%, 10/1/28§ | 242000 | 254040 |
|  Novelis Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 1/30/30§ | 144000 | 139502 |
|  Rio Tinto Finance USA plc |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 3/14/35 | 115000 | 117958 |
|  SunCoke Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 6/30/29§ | 91000 | 85591 |
|  TMS International Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 4/15/29§ | 43000 | 42187 |
|  |  | 1745524 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Materials** |  | 2842075 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 LOOMIS SAYLES MULTI-ASSET INCOME FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal<br>Amount** | **Value**<br>**(Note 1)** |
|  **Real Estate (0.3%)** |  |  |
|  ***Health Care REITs (0.2%)*** |  |  |
|  Diversified Healthcare Trust (REIT) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 10/15/30§ | $55000 | $56375 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 3/1/31 | 127000 | 113347 |
|  |  | 169722 |
|  ***Real Estate Management & Development (0.1%)*** |  |  |
|  Five Point Operating Co. LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 10/1/30§ | 74000 | 76943 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Real Estate** |  | 246665 |
|  **Utilities (2.2%)** |  |  |
|  ***Electric Utilities (1.7%)*** |  |  |
|  American Electric Power Co., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 2.13%), 5.800%, 3/15/56(k) | 372000 | 371535 |
|  DTE Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 5/15/35 | 85000 | 86968 |
|  Edison International |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 3/15/30 | 10000 | 10494 |
|  Long Ridge Energy LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 2/15/32§ | 101000 | 107300 |
|  NRG Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 2/15/29§ | 260000 | 249184 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 1/15/34§ | 53000 | 53265 |
|  Pacific Gas and Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 3/1/35 | 145000 | 148501 |
|  PPL Capital Funding, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 9/1/34 | 40000 | 40814 |
|  Southwestern Public Service Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 6/1/54 | 130000 | 132994 |
|  VoltaGrid LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 11/1/30§ | 121000 | 122513 |
|  XPLR Infrastructure Operating Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 1/15/31(x)§ | 199000 | 208778 |
|  |  | 1532346 |
|  ***Gas Utilities (0.1%)*** |  |  |
|  AmeriGas Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.375%, 6/1/28§ | 126000 | 129998 |
|  ***Independent Power and Renewable Electricity Producers (0.2%)*** |  |  |
|  Talen Energy Supply LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 2/1/34§ | 80000 | 81200 |
|  TransAlta Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 3/15/40 | 103000 | 103087 |
|  |  | 184287 |
|  ***Multi-Utilities (0.2%)*** |  |  |
|  Dominion Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 2.39%), 6.875%, 2/1/55(k) | 185000 | 191759 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Utilities** |  | 2038390 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Corporate Bonds** |  | 32995056 |
|  | **Number of**<br>**Shares** |  |
|  **Equity-Linked Notes (8.1%)** |  |  |
|  BNP Paribas Issuance BV, ELN, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 21.170%, 2/24/26, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (linked to S&P 500 Index)§ | 538 | 3733250 |
|  Citigroup Global Markets Holdings, Inc., ELN, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 20.610%, 2/24/26, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (linked to S&P 500 Index)§ | 538 | 3731591 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Equity-Linked Notes** |  | 7464841 |
|  | **Principal<br>Amount** |  |
|  **Foreign Government Securities (3.1%)** |  |  |
|  Federative Republic of Brazil |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 11/6/30 | $605000 | 617100 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 3/15/35 | 380000 | 391400 |
|  Hazine Mustesarligi Varlik Kiralama A/S |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 9/1/30§ | 400000 | 417514 |
|  Oriental Republic of Uruguay |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.750%, 7/20/33 | 7685000 | 224458 |
|  Republic of Angola |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.244%, 1/15/31§ | $545000 | 549938 |
|  Republic of Turkiye |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 36.000%, 8/12/26 | 8695000 | 203244 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.300%, 3/14/33 | $468000 | 463320 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Foreign Government Securities** |  | 2866974 |
|  **U.S. Treasury Obligations (2.5%)** |  |  |
|  U.S. Treasury Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 8/15/55 | 1676000 | 1643943 |
|  U.S. Treasury Notes |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 8/15/35 | 637000 | 638368 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Obligations** |  | 2282311 |
|  **Total Long-Term Debt Securities (53.1%)**<br> *(Cost $47,921,630)* |  | 48795291 |
|  | **Number of**<br>**Shares** |  |
|  COMMON STOCKS: |  |  |
|  **Communication Services (3.8%)** |  |  |
|  ***Diversified Telecommunication Services (0.6%)*** |  |  |
|  AT&T, Inc. | 1477 | 38712 |
|  Comcast Corp., Class A | 5935 | 176566 |
|  Telkom SA SOC Ltd. | 14398 | 52677 |
|  Verizon Communications, Inc. | 5235 | 233062 |
|  |  | 501017 |
|  ***Entertainment (0.3%)*** |  |  |
|  NetEase, Inc. | 4600 | 120710 |
|  Netflix, Inc.(s)\* | 915 | 76393 |
|  Walt Disney Co. (The) | 352 | 39706 |
|  XD, Inc.(m) | 3400 | 37408 |
|  YG Entertainment, Inc.\* | 337 | 17489 |
|  |  | 291706 |
|  ***Interactive Media & Services (2.7%)*** |  |  |
|  Alphabet, Inc., Class A(s) | 988 | 333944 |
|  Alphabet, Inc., Class C(s) | 4602 | 1557915 |
|  Hello Group, Inc. (ADR) | 6300 | 42966 |
|  Kuaishou Technology(m) | 13200 | 135428 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 LOOMIS SAYLES MULTI-ASSET INCOME FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
|  | **Number of<br>Shares** |  | **Value**<br>**(Note 1)** |
|  Meta Platforms, Inc., Class A(s) | 385 |  | $275853 |
|  Tencent Holdings Ltd. | 1600 |  | 124115 |
|  |  |  | 2470221 |
|  ***Media (0.0%)†*** |  |  |  |
|  Elang Mahkota Teknologi Tbk. PT | 568300 |  | 33011 |
|  Versant Media Group, Inc.\* | 1 |  | 33 |
|  |  |  | 33044 |
|  ***Wireless Telecommunication Services (0.2%)*** | ***Wireless Telecommunication Services (0.2%)*** | **** |  |
|  KDDI Corp. | 4800 |  | 80842 |
|  SoftBank Corp.(x) | 62600 |  | 84540 |
|  |  |  | 165382 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Communication Services** |  |  | 3461370 |
|  **Consumer Discretionary (3.8%)** |  |  |  |
|  ***Automobile Components (0.4%)*** |  |  |  |
|  Bridgestone Corp. | 4200 |  | 94579 |
|  Ceat Ltd. | 1054 |  | 43103 |
|  Denso Corp. | 5300 |  | 73391 |
|  Minth Group Ltd. | 10000 |  | 47081 |
|  Nexteer Automotive Group Ltd. | 22564 |  | 19236 |
|  Sumitomo Electric Industries Ltd. | 2700 |  | 117309 |
|  |  |  | 394699 |
|  ***Automobiles (0.5%)*** |  |  |  |
|  Tesla, Inc.(s)\* | 488 |  | 210040 |
|  Toyota Motor Corp. | 10300 |  | 233207 |
|  |  |  | 443247 |
|  ***Broadline Retail (0.8%)*** |  |  |  |
|  Alibaba Group Holding Ltd. | 7700 |  | 166772 |
|  Amazon.com, Inc.(s)\* | 1533 |  | 366847 |
|  Hyundai Department Store Co. Ltd. | 725 |  | 47195 |
|  Wesfarmers Ltd. | 2469 |  | 143320 |
|  |  |  | 724134 |
|  ***Distributors (0.0%)†*** |  |  |  |
|  China Tobacco International HK Co. Ltd.(m) | 10000 |  | 49385 |
|  ***Diversified Consumer Services (0.1%)*** | ***Diversified Consumer Services (0.1%)*** | **** |  |
|  Cogna Educacao SA | 62920 |  | 54518 |
|  ***Hotels, Restaurants & Leisure (0.7%)*** |  |  |  |
|  Atour Lifestyle Holdings Ltd. (ADR) | 811 |  | 28985 |
|  Booking Holdings, Inc.(s) | 10 |  | 50018 |
|  DoorDash, Inc., Class A\* | 103 |  | 21076 |
|  Kangwon Land, Inc. | 3687 |  | 44672 |
|  Le Travenues Technology Ltd.(m)\* | 10477 |  | 23577 |
|  McDonald's Corp. | 852 |  | 268380 |
|  Royal Caribbean Cruises Ltd. | 103 |  | 33439 |
|  Starbucks Corp. | 1604 |  | 147488 |
|  TAB Gida Sanayi ve Ticaret A/S | 3474 |  | 21449 |
|  Yum! Brands, Inc. | 168 |  | 26124 |
|  |  |  | 665208 |
|  ***Household Durables (0.2%)*** |  |  |  |
|  Cury Construtora e Incorporadora SA | 6700 |  | 44036 |
|  PulteGroup, Inc. | 159 |  | 19889 |
|  Sekisui House Ltd.(x) | 3900 |  | 86639 |
|  TCL Electronics Holdings Ltd. | 16000 |  | 24598 |
|  |  |  | 175162 |
|  ***Specialty Retail (0.9%)*** |  |  |  |
|  AutoZone, Inc.\* | 9 |  | 33339 |
|  C&A MODAS SA, Class A | 17300 |  | 39381 |
|  Cartrade Tech Ltd.\* | 970 |  | 27937 |
|  Home Depot, Inc. (The)(s) | 1107 |  | 414671 |
|  Industria de Diseno Textil SA | 1349 |  | 87947 |
|  Lowe's Cos., Inc. | 592 |  | 158099 |
|  O'Reilly Automotive, Inc.\* | 341 |  | 33558 |
|  TJX Cos., Inc. (The) | 317 |  | 47490 |
|  |  |  | 842422 |
|  ***Textiles, Apparel & Luxury Goods (0.2%)*** | ***Textiles, Apparel & Luxury Goods (0.2%)*** | **** |  |
|  LVMH Moet Hennessy Louis Vuitton SE | 122 |  | 79089 |
|  NIKE, Inc., Class B | 1488 |  | 91973 |
|  |  |  | 171062 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Consumer Discretionary** |  |  | 3519837 |
|  **Consumer Staples (3.4%)** |  |  |  |
|  ***Beverages (0.8%)*** |  |  |  |
|  Coca-Cola Co. (The) | 4604 |  | 344425 |
|  Diageo plc | 3467 |  | 79487 |
|  Kirin Holdings Co. Ltd. | 6100 |  | 94283 |
|  PepsiCo, Inc. | 1719 |  | 264090 |
|  |  |  | 782285 |
|  ***Consumer Staples Distribution & Retail (0.4%)*** | ***Consumer Staples Distribution & Retail (0.4%)*** | **** |  |
|  Costco Wholesale Corp.(s) | 86 |  | 80861 |
|  Koninklijke Ahold Delhaize NV | 2525 |  | 98650 |
|  Tesco plc | 12498 |  | 72716 |
|  Walmart, Inc.(s) | 814 |  | 96980 |
|  |  |  | 349207 |
|  ***Food Products (0.6%)*** |  |  |  |
|  Avanti Feeds Ltd. | 2036 |  | 17643 |
|  AVI Ltd. | 7356 |  | 48953 |
|  Charoen Pokphand Enterprise | 10000 |  | 47188 |
|  General Mills, Inc. | 663 |  | 30670 |
|  Mondelez International, Inc., Class A | 1742 |  | 101855 |
|  Nestle SA (Registered) | 2656 |  | 252286 |
|  Tiger Brands Ltd. | 2139 |  | 44690 |
|  |  |  | 543285 |
|  ***Household Products (0.7%)*** |  |  |  |
|  Colgate-Palmolive Co. | 1379 |  | 124510 |
|  Kimberly-Clark Corp. | 205 |  | 20498 |
|  Procter & Gamble Co. (The)(s) | 2603 |  | 395057 |
|  Reckitt Benckiser Group plc | 1089 |  | 90779 |
|  |  |  | 630844 |
|  ***Personal Care Products (0.2%)*** |  |  |  |
|  APR Corp.\* | 244 |  | 45769 |
|  Shanghai Chicmax Cosmetic Co. Ltd., Class H(x) | 2000 |  | 17307 |
|  Unilever plc | 2414 |  | 163194 |
|  |  |  | 226270 |
|  ***Tobacco (0.7%)*** |  |  |  |
|  Altria Group, Inc. | 2345 |  | 145366 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 LOOMIS SAYLES MULTI-ASSET INCOME FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Number of<br>Shares** | **Value**<br>**(Note 1)** |
|  British American Tobacco plc | 2398 | $143590 |
|  Philip Morris International, Inc. | 1879 | 337168 |
|  |  | 626124 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Consumer Staples** |  | 3158015 |
|  **Energy (2.2%)** |  |  |
|  ***Energy Equipment & Services (0.2%)*** |  |  |
|  SLB Ltd. | 3248 | 157138 |
|  ***Oil, Gas & Consumable Fuels (2.0%)*** |  |  |
|  Chevron Corp. | 2165 | 382989 |
|  ConocoPhillips | 1966 | 204916 |
|  Diamondback Energy, Inc. | 561 | 91976 |
|  EOG Resources, Inc. | 221 | 24781 |
|  Exxon Mobil Corp.(s) | 4754 | 672216 |
|  Kinder Morgan, Inc. | 2860 | 87201 |
|  Occidental Petroleum Corp. | 967 | 43892 |
|  ONEOK, Inc. | 1034 | 81882 |
|  Suncor Energy, Inc. | 1900 | 100425 |
|  TotalEnergies SE | 2394 | 173527 |
|  |  | 1863805 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Energy** |  | 2020943 |
|  **Financials (5.3%)** |  |  |
|  ***Banks (1.8%)*** |  |  |
|  Alior Bank SA | 1583 | 51727 |
|  Banco del Bajio SA(m) | 16600 | 48567 |
|  Bank Hapoalim BM | 3600 | 89278 |
|  Bank Leumi Le-Israel BM | 3692 | 89011 |
|  Bank of America Corp.(s) | 1049 | 55807 |
|  BNK Financial Group, Inc. | 4219 | 48685 |
|  Citigroup, Inc. | 419 | 48483 |
|  DBS Group Holdings Ltd. | 2800 | 130304 |
|  Fifth Third Bancorp | 1997 | 100289 |
|  iM Financial Group Co. Ltd. | 2398 | 25823 |
|  Intercorp Financial Services, Inc. | 1085 | 53143 |
|  JB Financial Group Co. Ltd. | 2489 | 43489 |
|  JPMorgan Chase & Co.(s) | 426 | 130309 |
|  Karnataka Bank Ltd. (The) | 19685 | 38958 |
|  Oversea-Chinese Banking Corp. Ltd. | 6000 | 100134 |
|  PNC Financial Services Group, Inc. (The) | 622 | 138893 |
|  Regional SAB de CV | 1400 | 12556 |
|  South Indian Bank Ltd. (The) | 104593 | 42730 |
|  Tamilnad Mercantile Bank Ltd. | 7920 | 52456 |
|  Tisco Financial Group PCL | 13400 | 47910 |
|  Truist Financial Corp. | 529 | 27201 |
|  United Overseas Bank Ltd. | 3000 | 90252 |
|  US Bancorp | 2393 | 134271 |
|  Wells Fargo & Co. | 540 | 48865 |
|  |  | 1649141 |
|  ***Capital Markets (1.4%)*** |  |  |
|  Authum Investment & Infrastucture Ltd. | 2160 | 11863 |
|  Bank of New York Mellon Corp. (The) | 902 | 108168 |
|  BlackRock, Inc. | 185 | 207004 |
|  Blackstone, Inc. | 395 | 56256 |
|  Capital Securities Corp. | 56000 | 52850 |
|  Charles Schwab Corp. (The) | 339 | 35229 |
|  CME Group, Inc. | 504 | 145686 |
|  Goldman Sachs Group, Inc. (The)(s) | 75 | 70156 |
|  Hong Kong Exchanges & Clearing Ltd. | 1900 | 105116 |
|  Intercontinental Exchange, Inc. | 162 | 28152 |
|  Is Yatirim Menkul Degerler A/S | 45548 | 50338 |
|  KIWOOM Securities Co. Ltd. | 229 | 70558 |
|  KKR & Co., Inc. | 229 | 26166 |
|  Morgan Stanley | 269 | 49173 |
|  Nippon Life India Asset Management Ltd.(m) | 4987 | 47605 |
|  S&P Global, Inc. | 69 | 36418 |
|  Samsung Securities Co. Ltd. | 808 | 50858 |
|  State Street Corp. | 658 | 86106 |
| T. Rowe Price Group, Inc. | 747 | 78943 |
|  |  | 1316645 |
|  ***Consumer Finance (0.1%)*** |  |  |
|  American Express Co. | 119 | 41908 |
|  Capital One Financial Corp. | 180 | 39407 |
|  Synchrony Financial | 480 | 34863 |
|  |  | 116178 |
|  ***Financial Services (0.4%)*** |  |  |
|  Berkshire Hathaway, Inc., Class B(s)\* | 295 | 141756 |
|  CSSC Hong Kong Shipping Co. Ltd.(m) | 84000 | 23011 |
|  L&T Finance Ltd. | 13496 | 42012 |
|  Mastercard, Inc., Class A(s) | 129 | 69504 |
|  Visa, Inc., Class A(s) | 275 | 88503 |
|  |  | 364786 |
|  ***Insurance (1.6%)*** |  |  |
|  Aflac, Inc. | 270 | 29957 |
|  Allianz SE (Registered) | 478 | 210661 |
|  AXA SA | 2592 | 118073 |
|  Chubb Ltd. | 147 | 45505 |
|  Loews Corp.(s) | 488 | 51518 |
|  Manulife Financial Corp. | 2600 | 99043 |
|  Marsh & McLennan Cos., Inc. | 177 | 33310 |
|  Muenchener Rueckversicherungs- Gesellschaft AG in Muenchen (Registered) | 196 | 119045 |
|  NN Group NV | 1420 | 112404 |
|  Phoenix Financial Ltd. | 1916 | 93338 |
|  Ping An Insurance Group Co. of China Ltd., Class H | 17500 | 162856 |
|  Power Corp. of Canada | 1500 | 75647 |
|  Progressive Corp. (The) | 140 | 29120 |
|  Tokio Marine Holdings, Inc. | 2500 | 92514 |
|  Turkiye Sigorta A/S | 156356 | 43865 |
|  Zurich Insurance Group AG | 188 | 133513 |
|  |  | 1450369 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Financials** |  | 4897119 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 LOOMIS SAYLES MULTI-ASSET INCOME FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
|  | **Number of<br>Shares** |  | **Value**<br>**(Note 1)** |
|  **Health Care (4.8%)** |  |  |  |
|  ***Biotechnology (1.0%)*** |  |  |  |
|  3SBio, Inc.(m) | 11000 |  | $32808 |
|  Abbisko Cayman Ltd.\* | 24000 |  | 38402 |
|  AbbVie, Inc.(s) | 2016 |  | 449588 |
|  Amgen, Inc. | 653 |  | 223248 |
|  CSL Ltd. | 674 |  | 85148 |
|  Gilead Sciences, Inc. | 258 |  | 36623 |
|  PharmaResearch Co. Ltd.\* | 117 |  | 38488 |
|  Vertex Pharmaceuticals, Inc.\* | 54 |  | 25374 |
|  |  |  | 929679 |
|  ***Health Care Equipment & Supplies (0.4%)*** | ***Health Care Equipment & Supplies (0.4%)*** | **** |  |
|  Abbott Laboratories | 352 |  | 38474 |
|  AK Medical Holdings Ltd.(m) | 60000 |  | 44853 |
|  Boston Scientific Corp.(s)\* | 553 |  | 51722 |
|  Hologic, Inc.\* | 431 |  | 32295 |
|  Intuitive Surgical, Inc.\* | 81 |  | 40842 |
|  Medtronic plc | 1400 |  | 144144 |
|  Zimmer Biomet Holdings, Inc. | 277 |  | 24118 |
|  |  |  | 376448 |
|  ***Health Care Providers & Services (0.6%)*** | ***Health Care Providers & Services (0.6%)*** | **** |  |
|  Cigna Group (The) | 417 |  | 114304 |
|  CVS Health Corp. | 1361 |  | 101422 |
|  Dr Lal PathLabs Ltd.(m) | 2722 |  | 41709 |
|  Elevance Health, Inc. | 329 |  | 113748 |
|  Genertec Universal Medical Group Co. Ltd.(m) | 54500 |  | 42835 |
|  Hanmi Science Co. Ltd.\* | 464 |  | 13700 |
|  McKesson Corp. | 46 |  | 38236 |
|  UnitedHealth Group, Inc.(s) | 166 |  | 47630 |
|  |  |  | 513584 |
|  ***Life Sciences Tools & Services (0.1%)*** | ***Life Sciences Tools & Services (0.1%)*** | **** |  |
|  Danaher Corp. | 147 |  | 32177 |
|  SAI Life Sciences Ltd.(m)\* | 4696 |  | 42634 |
|  Thermo Fisher Scientific, Inc. | 85 |  | 49182 |
|  |  |  | 123993 |
|  ***Pharmaceuticals (2.7%)*** |  |  |  |
|  AstraZeneca plc | 1565 |  | 291240 |
|  Bristol-Myers Squibb Co. | 450 |  | 24772 |
|  Consun Pharmaceutical Group Ltd. | 24000 |  | 55514 |
|  Eli Lilly & Co.(s) | 128 |  | 132755 |
|  Grand Pharmaceutical Group Ltd.(x) | 10500 |  | 10511 |
|  Johnson & Johnson(s) | 2653 |  | 602894 |
|  Lotus Pharmaceutical Co. Ltd. | 4000 |  | 45885 |
|  Merck & Co., Inc. | 3013 |  | 332243 |
|  Novartis AG (Registered) | 1974 |  | 292685 |
|  Pfizer, Inc. | 7103 |  | 187803 |
|  Roche Holding AG | 741 |  | 336160 |
|  Sanofi SA | 409 |  | 38397 |
|  Simcere Pharmaceutical Group Ltd.(m) | 24000 |  | 35914 |
|  Strides Pharma Science Ltd. | 4683 |  | 44647 |
|  Zoetis, Inc. | 129 |  | 16102 |
|  |  |  | 2447522 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Health Care** |  |  | 4391226 |
|  **Industrials (5.9%)** |  |  |  |
|  ***Aerospace & Defense (1.0%)*** |  |  |  |
|  AIRO Group Holdings, Inc.(x)\* | 27748 |  | 285527 |
|  BAE Systems plc | 3856 |  | 104155 |
|  Boeing Co. (The)\* | 155 |  | 36227 |
|  GE Aerospace(s) | 203 |  | 62279 |
|  General Dynamics Corp. | 103 |  | 36162 |
|  Lockheed Martin Corp. | 301 |  | 190900 |
|  RTX Corp. | 302 |  | 60681 |
|  Singapore Technologies Engineering Ltd. | 12100 |  | 93216 |
|  |  |  | 869147 |
|  ***Air Freight & Logistics (0.3%)*** |  |  |  |
|  CH Robinson Worldwide, Inc. | 211 |  | 41134 |
|  Deutsche Post AG | 1474 |  | 82678 |
|  FedEx Corp. | 288 |  | 92808 |
|  United Parcel Service, Inc., Class B | 804 |  | 85401 |
|  |  |  | 302021 |
|  ***Building Products (0.1%)*** |  |  |  |
|  A.O. Smith Corp. | 399 |  | 29323 |
|  Cie de Saint-Gobain SA | 847 |  | 83552 |
|  |  |  | 112875 |
|  ***Commercial Services & Supplies (0.1%)*** | ***Commercial Services & Supplies (0.1%)*** | **** |  |
|  L&K Engineering Co. Ltd. | 2000 |  | 36543 |
|  Veralto Corp. | 236 |  | 23359 |
|  Waste Management, Inc. | 151 |  | 33558 |
|  |  |  | 93460 |
|  ***Construction & Engineering (0.7%)*** |  |  |  |
|  Engineers India Ltd. | 21277 |  | 39893 |
|  Kajima Corp. | 2100 |  | 85487 |
|  NBCC India Ltd. | 37409 |  | 40204 |
|  Quanta Services, Inc. | 67 |  | 31800 |
|  Samsung E&A Co. Ltd. | 2586 |  | 55335 |
|  Sinopec Engineering Group Co. Ltd., Class H | 47000 |  | 44761 |
|  Sunway Construction Group Bhd. | 30800 |  | 46255 |
|  Taisei Corp. | 800 |  | 79555 |
|  United Integrated Services Co. Ltd. | 1000 |  | 28853 |
|  Vinci SA | 775 |  | 111294 |
|  Yankey Engineering Co. Ltd. | 3000 |  | 56530 |
|  |  |  | 619967 |
|  ***Electrical Equipment (0.2%)*** |  |  |  |
|  Eaton Corp. plc | 72 |  | 25302 |
|  GE Vernova, Inc. | 67 |  | 48667 |
|  Harbin Electric Co. Ltd., Class H | 24000 |  | 60921 |
|  |  |  | 134890 |
|  ***Ground Transportation (0.4%)*** |  |  |  |
|  ANE Cayman, Inc.(r) | 30000 |  | 46581 |
|  Canadian National Railway Co. | 700 |  | 67340 |
|  Norfolk Southern Corp. | 270 |  | 78635 |
|  Uber Technologies, Inc.\* | 419 |  | 33541 |
|  Union Pacific Corp. | 744 |  | 174914 |
|  |  |  | 401011 |
|  ***Industrial Conglomerates (1.3%)*** |  |  |  |
|  3M Co. | 166 |  | 25425 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 LOOMIS SAYLES MULTI-ASSET INCOME FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
|  | **Number of<br>Shares** |  | **Value**<br>**(Note 1)** |
|  Hanwha Corp.\* | 460 |  | $36592 |
|  Hitachi Ltd. | 14200 |  | 491898 |
|  Honeywell International, Inc. | 855 |  | 194530 |
|  Hyosung Corp.\* | 232 |  | 24628 |
|  Nava Ltd. | 7829 |  | 47993 |
|  Siemens AG (Registered) | 1062 |  | 322641 |
|  |  |  | 1143707 |
|  ***Machinery (1.2%)*** |  |  |  |
|  Caterpillar, Inc.(s) | 102 |  | 67051 |
|  China Yuchai International Ltd. | 600 |  | 27228 |
|  Cummins, Inc. | 188 |  | 108818 |
|  Deere & Co. | 68 |  | 35904 |
|  Force Motors Ltd. | 100 |  | 20867 |
|  HD Hyundai Heavy Industries Co. Ltd. | 121 |  | 48336 |
|  HD-Hyundai Marine Engine\* | 214 |  | 13158 |
|  Hyundai Elevator Co. Ltd. | 704 |  | 46170 |
|  Hyundai Rotem Co. Ltd. | 204 |  | 32668 |
|  IDEX Corp. | 162 |  | 32165 |
|  Illinois Tool Works, Inc. | 414 |  | 108162 |
|  Lonking Holdings Ltd. | 112000 |  | 45878 |
|  Mega Union Technology, Inc. | 2000 |  | 44360 |
|  Metso OYJ | 4464 |  | 87387 |
|  Otis Worldwide Corp. | 284 |  | 24259 |
|  PACCAR, Inc. | 791 |  | 97222 |
|  Sandvik AB | 3475 |  | 137205 |
|  Sunonwealth Electric Machine Industry Co. Ltd. | 8000 |  | 36352 |
|  Volvo AB, Class B | 2590 |  | 94208 |
|  |  |  | 1107398 |
|  ***Professional Services (0.0%)†*** |  |  |  |
|  Automatic Data Processing, Inc. | 165 |  | 40725 |
|  ***Trading Companies & Distributors (0.5%)*** | ***Trading Companies & Distributors (0.5%)*** | **** |  |
|  Fastenal Co. | 1750 |  | 75880 |
|  ITOCHU Corp. | 8000 |  | 101887 |
|  Marubeni Corp. | 2900 |  | 95848 |
|  Mitsui & Co. Ltd. | 5100 |  | 165925 |
|  United Rentals, Inc. | 32 |  | 25026 |
|  W.W. Grainger, Inc. | 23 |  | 24838 |
|  |  |  | 489404 |
|  ***Transportation Infrastructure (0.1%)*** |  |  |  |
|  EcoRodovias Infraestrutura e Logistica SA | 23100 |  | 51706 |
|  Gujarat Pipavav Port Ltd. | 24109 |  | 43780 |
|  |  |  | 95486 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Industrials** |  |  | 5410091 |
|  **Information Technology (7.8%)** |  |  |  |
|  ***Communications Equipment (0.5%)*** |  |  |  |
|  Arcadyan Technology Corp. | 8000 |  | 45631 |
|  Arista Networks, Inc.\* | 288 |  | 40821 |
|  Cisco Systems, Inc.(s) | 4833 |  | 378520 |
|  |  |  | 464972 |
|  ***Electronic Equipment, Instruments & Components (0.3%)*** | ***Electronic Equipment, Instruments & Components (0.3%)*** | **** |  |
|  Amphenol Corp., Class A(s) | 413 |  | 59505 |
|  Channel Well Technology Co. Ltd. | 19000 |  | 37795 |
|  Q Technology Group Co. Ltd.(m) | 7000 |  | 8333 |
|  Simplo Technology Co. Ltd. | 4000 |  | 43915 |
|  Tripod Technology Corp. | 3000 |  | 35700 |
|  WT Microelectronics Co. Ltd. | 9000 |  | 44614 |
|  |  |  | 229862 |
|  ***IT Services (0.6%)*** |  |  |  |
|  Accenture plc, Class A(s) | 847 |  | 223303 |
|  International Business Machines Corp. | 1107 |  | 339517 |
|  |  |  | 562820 |
|  ***Semiconductors & Semiconductor Equipment (4.1%)*** | ***Semiconductors & Semiconductor Equipment (4.1%)*** | **** |  |
|  Advanced Micro Devices, Inc.(s)\* | 354 |  | 83802 |
|  AP Memory Technology Corp. | 3000 |  | 40944 |
|  Applied Materials, Inc.(s) | 160 |  | 51571 |
|  Broadcom, Inc.(s) | 787 |  | 260733 |
|  DB HiTek Co. Ltd. | 996 |  | 73209 |
|  Grand Process Technology Corp. | 1000 |  | 53066 |
|  KLA Corp. | 31 |  | 44266 |
|  Lam Research Corp.(s) | 356 |  | 83112 |
|  Marketech International Corp. | 5000 |  | 45122 |
|  NVIDIA Corp.(s) | 3922 |  | 749612 |
|  QUALCOMM, Inc. | 776 |  | 117634 |
|  Sigurd Microelectronics Corp. | 14000 |  | 57833 |
|  SK hynix, Inc. | 911 |  | 575308 |
|  Taiwan Semiconductor Manufacturing Co. Ltd. | 18000 |  | 1015253 |
|  Texas Instruments, Inc. | 1143 |  | 246374 |
|  Tokyo Electron Ltd. | 800 |  | 213544 |
|  Topco Scientific Co. Ltd. | 5000 |  | 51319 |
|  |  |  | 3762702 |
|  ***Software (1.0%)*** |  |  |  |
|  Adobe, Inc.\* | 84 |  | 24633 |
|  Asseco Poland SA | 753 |  | 45905 |
|  Crowdstrike Holdings, Inc., Class A\* | 60 |  | 26484 |
|  Intuit, Inc. | 53 |  | 26443 |
|  Microsoft Corp.(s) | 1248 |  | 537002 |
|  Oracle Corp.(s) | 112 |  | 18433 |
|  Palantir Technologies, Inc., |  |  |  |
|  Class A(s)\* | 389 |  | 57024 |
|  Palo Alto Networks, Inc.\* | 151 |  | 26723 |
|  Roper Technologies, Inc. | 53 |  | 19675 |
|  Salesforce, Inc. | 184 |  | 39061 |
|  ServiceNow, Inc.\* | 224 |  | 26210 |
|  Synopsys, Inc.\* | 53 |  | 24651 |
|  |  |  | 872244 |
|  ***Technology Hardware, Storage & Peripherals (1.3%)*** | ***Technology Hardware, Storage & Peripherals (1.3%)*** | **** |  |
|  Apple, Inc.(s) | 2129 |  | 552433 |
|  Canon, Inc.(x) | 2600 |  | 78709 |
|  Chicony Electronics Co. Ltd. | 8000 |  | 29743 |
|  Getac Holdings Corp. | 11000 |  | 39323 |
|  Samsung Electronics Co. Ltd. | 4751 |  | 529759 |
|  |  |  | 1229967 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Information Technology** |  |  | 7122567 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 LOOMIS SAYLES MULTI-ASSET INCOME FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
|  | **Number of<br>Shares** |  | **Value**<br>**(Note 1)** |
|  **Materials (3.5%)** |  |  |  |
|  ***Chemicals (0.5%)*** |  |  |  |
|  Air Products and Chemicals, Inc. | 427 |  | $116358 |
|  Castrol India Ltd. | 21806 |  | 43653 |
|  Eastman Chemical Co. | 384 |  | 26619 |
|  Han Kuk Carbon Co. Ltd.\* | 848 |  | 19942 |
|  Hansol Chemical Co. Ltd. | 280 |  | 54953 |
|  Kumho Petrochemical Co. Ltd.\* | 541 |  | 54160 |
|  Linde plc | 99 |  | 45240 |
|  Nan Pao Resins Chemical Co. Ltd. | 4000 |  | 39466 |
|  Paradeep Phosphates Ltd.(m) | 13143 |  | 19859 |
|  Solstice Advanced Materials, Inc.\* | 37 |  | 2286 |
|  |  |  | 422536 |
|  ***Construction Materials (0.2%)*** |  |  |  |
|  Holcim AG | 1363 |  | 140241 |
|  Titan SA | 432 |  | 29034 |
|  |  |  | 169275 |
|  ***Containers & Packaging (0.0%)†*** |  |  |  |
|  Avery Dennison Corp. | 229 |  | 42482 |
|  ***Metals & Mining (2.7%)*** |  |  |  |
|  Aneka Tambang Tbk. | 251600 |  | 63106 |
|  Aura Minerals, Inc. | 659 |  | 41972 |
|  Barrick Mining Corp. | 3500 |  | 159982 |
|  BHP Group Ltd. | 9004 |  | 317071 |
|  Bradespar SA (Preference)(q) | 12200 |  | 54964 |
|  China Gold International Resources Corp. Ltd. | 2100 |  | 55161 |
|  DRDGOLD Ltd. | 14238 |  | 46714 |
|  Endeavour Mining plc | 1549 |  | 89488 |
|  Hyundai Steel Co. | 2110 |  | 45809 |
|  National Aluminium Co. Ltd. | 12059 |  | 50530 |
|  Newmont Corp. | 7993 |  | 898014 |
|  Regis Resources Ltd. | 53513 |  | 300346 |
|  Shougang Fushan Resources Group Ltd. | 72000 |  | 30414 |
|  South32 Ltd. | 99544 |  | 320247 |
|  |  |  | 2473818 |
|  ***Paper & Forest Products (0.1%)*** |  |  |  |
|  UPM-Kymmene OYJ | 2662 |  | 73742 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Materials** |  |  | 3181853 |
|  **Real Estate (2.0%)** |  |  |  |
|  ***Health Care REITs (0.3%)*** |  |  |  |
|  American Healthcare REIT, Inc. (REIT) | 761 |  | 35698 |
|  CareTrust REIT, Inc. (REIT) | 944 |  | 35249 |
|  Healthpeak Properties, Inc. (REIT) | 3324 |  | 57306 |
|  National Health Investors, Inc. (REIT) | 357 |  | 29317 |
|  Omega Healthcare Investors, Inc. (REIT) | 786 |  | 34490 |
|  Ventas, Inc. (REIT) | 623 |  | 48388 |
|  Welltower, Inc. (REIT) | 58 |  | 10925 |
|  |  |  | 251373 |
|  ***Hotel & Resort REITs (0.1%)*** |  |  |  |
|  Host Hotels & Resorts, Inc. (REIT) | 1359 |  | 25182 |
|  Invincible Investment Corp. (REIT) | 28 |  | 11833 |
|  Japan Hotel REIT Investment Corp. (REIT) | 45 |  | 24163 |
|  |  |  | 61178 |
|  ***Industrial REITs (0.2%)*** |  |  |  |
|  First Industrial Realty Trust, Inc. (REIT) | 566 |  | 32845 |
|  Goodman Group (REIT) | 254 |  | 5435 |
|  Mitsui Fudosan Logistics Park, Inc. (REIT) | 43 |  | 32064 |
|  Nippon Prologis REIT, Inc. (REIT) | 44 |  | 25673 |
|  Prologis, Inc. (REIT) | 414 |  | 54052 |
|  Warehouses De Pauw CVA (REIT) | 769 |  | 21786 |
|  |  |  | 171855 |
|  ***Office REITs (0.1%)*** |  |  |  |
|  Brookfield India Real Estate Trust (REIT)(m) | 13207 |  | 50670 |
|  BXP, Inc. (REIT) | 314 |  | 20306 |
|  Global One Real Estate Investment Corp. (REIT) | 26 |  | 22932 |
|  Japan Prime Realty Investment Corp. (REIT) | 4 |  | 2711 |
|  Mindspace Business Parks REIT (REIT)(m) | 9149 |  | 49581 |
|  |  |  | 146200 |
|  ***Real Estate Management & Development (0.6%)*** | ***Real Estate Management & Development (0.6%)*** | **** |  |
|  Azrieli Group Ltd. | 942 |  | 126880 |
|  Capitaland India Trust | 28100 |  | 27391 |
|  CK Asset Holdings Ltd. | 6600 |  | 38728 |
|  Daito Trust Construction Co. Ltd. | 1500 |  | 30386 |
|  Iguatemi SA | 9500 |  | 51374 |
|  International Workplace Group plc | 8821 |  | 29837 |
|  Leopalace21 Corp.(x) | 6100 |  | 27197 |
|  Multiplan Empreendimentos Imobiliarios SA\* | 8500 |  | 53364 |
|  Poly Property Services Co. Ltd., Class H(m) | 5600 |  | 24315 |
|  PSP Swiss Property AG (Registered) | 158 |  | 31680 |
|  Sirius Real Estate Ltd. (REIT) | 19995 |  | 26881 |
|  St Joe Co. (The) | 261 |  | 17276 |
|  Sun Hung Kai Properties Ltd. | 3000 |  | 48271 |
|  UOL Group Ltd. | 5300 |  | 45163 |
|  |  |  | 578743 |
|  ***Residential REITs (0.1%)*** |  |  |  |
|  Camden Property Trust (REIT) | 240 |  | 26172 |
|  Centerspace (REIT) | 407 |  | 26158 |
|  Ingenia Communities Group (REIT) | 2550 |  | 8399 |
|  UMH Properties, Inc. (REIT) | 1471 |  | 22992 |
|  |  |  | 83721 |
|  ***Retail REITs (0.3%)*** |  |  |  |
|  Brixmor Property Group, Inc. (REIT) | 1223 |  | 32764 |
|  CBL & Associates Properties, Inc. (REIT) | 861 |  | 30824 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 LOOMIS SAYLES MULTI-ASSET INCOME FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
|  | **Number of<br>Shares** | **Value**<br>**(Note 1)** |  |
|  Federal Realty Investment Trust (REIT) | 374 | $37834 |  |
|  InvenTrust Properties Corp. (REIT) | 902 | 26510 |  |
|  Klepierre SA (REIT) | 63 | 2422 |  |
|  NETSTREIT Corp. (REIT) | 1472 | 27732 |  |
|  NNN REIT, Inc. (REIT) | 701 | 29211 |  |
|  Phillips Edison & Co., Inc. (REIT) | 734 | 26593 |  |
|  Regency Centers Corp. (REIT) | 509 | 37091 |  |
|  Tanger, Inc. (REIT) | 796 | 26045 |  |
|  |  | 277026 |  |
|  ***Specialized REITs (0.3%)*** |  |  |  |
|  EPR Properties (REIT) | 565 | 30646 |  |
|  Equinix, Inc. (REIT) | 98 | 80451 |  |
|  Iron Mountain, Inc. (REIT) | 479 | 44130 |  |
|  Keppel DC REIT (REIT) | 14600 | 26168 |  |
|  Lamar Advertising Co. (REIT), Class A | 99 | 12703 |  |
|  National Storage REIT (REIT) | 15208 | 29229 |  |
|  Outfront Media, Inc. (REIT) | 1360 | 33075 |  |
|  Safestore Holdings plc (REIT) | 3207 | 36291 |  |
|  |  | 292693 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Real Estate** |  | 1862789 |  |
|  **Utilities (1.6%)** |  |  |  |
|  ***Electric Utilities (1.0%)*** |  |  |  |
|  Alliant Energy Corp. | 709 | 46730 |  |
|  American Electric Power Co., Inc. | 780 | 93424 |  |
|  Constellation Energy Corp. | 69 | 19367 |  |
|  Duke Energy Corp. | 1121 | 136033 |  |
|  Fortis, Inc. | 1900 | 101304 |  |
|  Iberdrola SA\* | 108 | 2423 |  |
|  Iberdrola SA (Sociedad de Bolsas SIBE) | 7953 | 178408 |  |
|  NextEra Energy, Inc. | 2543 | 223530 |  |
|  Southern Co. (The) | 352 | 31437 |  |
|  Tauron Polska Energia SA\* | 19157 | 59256 |  |
|  Xcel Energy, Inc. | 1003 | 76288 |  |
|  |  | 968200 |  |
|  ***Gas Utilities (0.1%)*** |  |  |  |
|  Atmos Energy Corp. | 478 | 79511 |  |
|  Enerya Enerji A/S | 48964 | 11169 |  |
|  |  | 90680 |  |
|  ***Independent Power and Renewable Electricity Producers (0.1%)*** | ***Independent Power and Renewable Electricity Producers (0.1%)*** | ***Independent Power and Renewable Electricity Producers (0.1%)*** | **** |
|  Global Power Synergy PCL, Class F | 39100 | 44114 |  |
|  Vistra Corp. | 121 | 19160 |  |
|  |  | 63274 |  |
|  ***Multi-Utilities (0.3%)*** |  |  |  |
|  National Grid plc | 7262 | 122672 |  |
|  Sempra | 892 | 77613 |  |
|  WEC Energy Group, Inc. | 770 | 85216 |  |
|  |  | 285501 |  |
|  **Water Utilities (0.1%)** |  |  |  |
|  Cia de Saneamento de Minas Gerais Copasa MG | 4900 | 47457 |  |
|  Cia De Sanena Do Parana\* | 6600 | 58265 |  |
|  |  | 105722 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Utilities** |  | 1513377 |  |
|  **Total Common Stocks (44.1%)**<br> *(Cost $35,909,882)* |  | 40539187 |  |
|  EXCHANGE TRADED FUNDS (ETF): | EXCHANGE TRADED FUNDS (ETF): |  |  |
|  **Equity (1.0%)** |  |  |  |
|  Invesco Nasdaq 100 ETF<br>*(Cost $925,558)* | 3715 | 951226 |  |
|  SHORT-TERM INVESTMENTS: |  |  |  |
|  **Investment Companies (1.5%)** |  |  |  |
|  Invesco Government & Agency Portfolio, |  |  |  |
|  Institutional Shares 3.61% (7 day yield)(xx) | 1369229 | 1369229 |  |
|  **Total Short-Term Investments (1.5%)**<br> *(Cost $1,369,229)* | **Total Short-Term Investments (1.5%)**<br> *(Cost $1,369,229)* | 1369229 |  |
|  **Total Investments in Securities (99.7%)**<br> *(Cost $86,126,299)* | **Total Investments in Securities (99.7%)**<br> *(Cost $86,126,299)* | 91654933 |  |
|  **Other Assets Less Liabilities (0.3%)** |  | 237615 |  |
|  **Net Assets (100%)** |  | $91892548 |  |

---

*\** *Non-income producing.* 

*†* *Percent shown is less than 0.05%.* 

---

| | |
|:---|:---|
| *§* | *Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may only be resold to qualified institutional buyers. At January 31, 2026, the market value of these securities amounted to $32,798,213 or 35.7% of net assets.*  |

---

*(e)* *Step Bond - Coupon rate increases or decreases in increments to maturity. Rate disclosed is as of January 31, 2026. 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 January 31, 2026.* 

*(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 January 31, 2026.* 

*(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 January 31, 2026, the market value or fair value, as applicable, of these securities amounted to $1,201,836 or 1.3% of net assets.* 

*(q)* *Preference Shares are a special type of equity investment that shares in the earnings of the company, has limited voting rights, and receives a greater dividend than applicable Common Shares.* 

*(r)* *Fair value determined using significant unobservable inputs.* 

*(s)* *All, or a portion of security held by broker as collateral for option contracts, with a total collateral value of $3,608,179.* 

*(x)* *All or a portion of security is on loan at January 31, 2026.* 

*(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 January 31, 2026.* 

*(xx)* *At January 31, 2026, the Fund had loaned securities with a total value of $1,451,849. This was collateralized by $144,172 of various U.S. Government Treasury Securities, ranging from 0.000% – 4.750%, maturing 4/30/26 – 2/15/54 and by cash of $1,369,229 which was subsequently invested in investment companies.* 

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 LOOMIS SAYLES MULTI-ASSET INCOME FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

*Glossary:* 

*ADR — American Depositary Receipt* 

*CLO — Collateralized Loan Obligation* 

*CVA — Dutch Certification* 

*ELN — Equity-Linked Note* 

*ICE — Intercontinental Exchange* 

*ICE IBA — ICE Benchmark Administration Limited* 

*REIT — Real Estate Investment Trust* 

*SIBE — Spanish Stock Exchange Interconnection System* 

*SOFR — Secured Overnight Financing Rate* 

*TRY — Turkish Lira* 

*USD — United States Dollar* 

*UYU — Uruguayan Peso* 

**Written Call Options Contracts as of January 31, 2026 (Note 1):** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Counterparty** | **Number of<br>Contracts** | **Notional<br>Amount** | **Notional<br>Amount** | **Exercise Price** | **Expiration<br>Date** | **Value<br>($)** |
|  S&P 500 Index | Exchange Traded | 13 | USD | (1300) | USD 7,085.00 | 2/20/2026 | (29250) |
|  Total Written Options Contracts (Premiums Received ($61724)) | Total Written Options Contracts (Premiums Received ($61724)) | Total Written Options Contracts (Premiums Received ($61724)) |  |  |  |  | (29250) |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 LOOMIS SAYLES MULTI-ASSET INCOME FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

The following is a summary of the inputs, summarized in three broad levels, used to value the Fund's assets and liabilities carried at fair value as of January 31, 2026:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investment Type** | **Level 1**<br>**Quoted Prices in Active<br>Markets for Identical<br>Securities** | **Level 2<br>Significant Other<br>Observable Inputs<br>(including quoted prices<br>for similar securities,<br>interest rates,<br>prepayment speeds,<br>credit risk, etc.)** | **Level 3<br>Significant Unobservable<br>Inputs (including the<br>Fund's own**<br>**assumptions in<br>determining the fair<br>value of investments)** | **Total** |
|  **Assets:** |  |  |  |  |
|  **Asset-Backed Securities** | $— | $637971 | $— | $637971 |
|  **Common Stocks** |  |  |  |  |
|  Communication Services | 2775150 | 686220 |  | 3461370 |
|  Consumer Discretionary | 2089351 | 1430486 |  | 3519837 |
|  Consumer Staples | 1941480 | 1216535 |  | 3158015 |
|  Energy | 1847416 | 173527 |  | 2020943 |
|  Financials | 2505882 | 2391237 |  | 4897119 |
|  Health Care | 2859696 | 1531530 |  | 4391226 |
|  Industrials | 2376497 | 2987013 | 46581 | 5410091 |
|  Information Technology | 4057542 | 3065025 |  | 7122567 |
|  Materials | 1387917 | 1793936 |  | 3181853 |
|  Real Estate | 1056703 | 806086 |  | 1862789 |
|  Utilities | 1095335 | 418042 |  | 1513377 |
|  **Convertible Bonds** |  |  |  |  |
|  Communication Services |  | 222949 |  | 222949 |
|  Health Care |  | 513846 |  | 513846 |
|  Industrials |  | 322223 |  | 322223 |
|  Information Technology |  | 1184705 |  | 1184705 |
|  Materials |  | 77380 |  | 77380 |
|  Real Estate |  | 115275 |  | 115275 |
|  Utilities |  | 111760 |  | 111760 |
|  **Corporate Bonds** |  |  |  |  |
|  Communication Services |  | 1866559 |  | 1866559 |
|  Consumer Discretionary |  | 3489856 |  | 3489856 |
|  Consumer Staples |  | 78785 |  | 78785 |
|  Energy |  | 4862099 |  | 4862099 |
|  Financials |  | 11396828 |  | 11396828 |
|  Health Care |  | 853064 |  | 853064 |
|  Industrials |  | 3196095 |  | 3196095 |
|  Information Technology |  | 2124640 |  | 2124640 |
|  Materials |  | 2842075 |  | 2842075 |
|  Real Estate |  | 246665 |  | 246665 |
|  Utilities |  | 2038390 |  | 2038390 |
|  **Equity-Linked Notes** |  | 7464841 |  | 7464841 |
|  **Exchange Traded Funds** | 951226 |  |  | 951226 |
|  **Foreign Government Securities** |  | 2866974 |  | 2866974 |
|  **Short-Term Investments** |  |  |  |  |
|  Investment Companies | 1369229 |  |  | 1369229 |
|  **U.S. Treasury Obligations** |  | 2282311 |  | 2282311 |
|  **Total Assets** | $**26313424** | $**65294928** | $**46581** | $**91654933** |
|  **Liabilities:** |  |  |  |  |
|  **Options Written** |  |  |  |  |
|  Call Options Written | $(29250) | $— | $— | $(29250) |
|  **Total Liabilities** | $**(29250)** | $**—** | $**—** | $**(29250)** |
|  **Total** | $**26284174** | $**65294928** | $**46581** | $**91625683** |

---

As of January 31, 2026, 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 | $5837490 |
|  Aggregate gross unrealized depreciation | (1042955) |
|  Net unrealized appreciation | $4794535 |
|  Federal income tax cost of investments in securities and derivative instruments, if applicable | $86831148 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 MULTI-ALTERNATIVE STRATEGIES FUND

PORTFOLIO OF INVESTMENTS

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Number of<br>Shares** | **Value**<br>**(Note 1)** |
|  EXCHANGE TRADED FUNDS (ETF): | EXCHANGE TRADED FUNDS (ETF): |  |
|  **Alternatives (24.9%)** |  |  |
|  iMGP DBi Managed Futures Strategy ETF | 117600 | $3432744 |
|  NYLI Merger Arbitrage ETF\* | 100730 | 3643404 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Alternatives** |  | 7076148 |
|  **Commodity (16.7%)** |  |  |
|  Invesco DB Agriculture Fund | 44760 | 1148542 |
|  Invesco DB Energy Fund | 65610 | 1331883 |
|  Invesco DB Precious Metals Fund | 19530 | 2264503 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Commodity** |  | 4744928 |
|  **Equity (28.7%)** |  |  |
|  iShares Core U.S. REIT ETF | 34260 | 2010034 |
|  JPMorgan Equity Premium Income ETF(x) | 46450 | 2720112 |
|  JPMorgan Nasdaq Equity Premium Income ETF(x) | 24350 | 1447120 |
|  Vanguard Global ex-U.S. Real Estate ETF | 41470 | 1988072 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Equity** |  | 8165338 |
|  **Fixed Income (28.1%)** |  |  |
|  iShares Convertible Bond ETF(x) | 44600 | 4616992 |
|  Vanguard Short-Term Inflation-Protected Securities ETF | 67990 | 3381143 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income** |  | 7998135 |
|  **Total Exchange Traded Funds (98.4%)**<br> *(Cost $24,567,943)* | **Total Exchange Traded Funds (98.4%)**<br> *(Cost $24,567,943)* | 27984549 |
|  SHORT-TERM INVESTMENTS: |  |  |
|  **Investment Companies (17.5%)** |  |  |
|  Invesco Government & Agency Portfolio, Institutional Shares 3.61% (7 day yield)(xx) | 4988135 | 4988135 |
|  **Total Short-Term Investments (17.5%)**<br> *(Cost $4,988,135)* | **Total Short-Term Investments (17.5%)**<br> *(Cost $4,988,135)* | 4988135 |
|  **Total Investments in Securities (115.9%**)<br>*(Cost $29,556,078)* | **Total Investments in Securities (115.9%**)<br>*(Cost $29,556,078)* | 32972684 |
|  **Other Assets Less Liabilities (-15.9%)** | **Other Assets Less Liabilities (-15.9%)** | (4536367) |
|  **Net Assets (100%)** |  | $28436317 |

---

*\** *Non-income producing.* 

*(x)* *All or a portion of security is on loan at January 31, 2026.* 

*(xx)* *At January 31, 2026, the Fund had loaned securities with a total value of $5,721,533. This was collateralized by $918,624 of various U.S. Government Treasury Securities, ranging from 0.125% – 4.750%, maturing 7/31/26 – 5/15/55 and by cash of $4,988,135 which was subsequently invested in investment companies.* 

*Glossary:* 

*REIT — Real Estate Investment Trust* 

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 MULTI-ALTERNATIVE STRATEGIES FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

The following is a summary of the inputs, summarized in three broad levels, used to value the Fund's assets and liabilities carried at fair value as of January 31, 2026:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investment Type** | **Level 1**<br>**Quoted Prices in Active<br>Markets for Identical<br>Securities** | **Level 2<br>Significant Other<br>Observable Inputs<br>(including quoted prices<br>for similar securities,<br>interest rates,<br>prepayment speeds,<br>credit risk, etc.)** | **Level 3<br>Significant Unobservable<br>Inputs (including the<br>Fund's own**<br>**assumptions in<br>determining the fair<br>value of investments)** | **Total** |
|  **Assets:** |  |  |  |  |
|  **Exchange Traded Funds** |  |  |  |  |
|  Exchange Traded Funds | $27984549 | $— | $— | $27984549 |
|  **Short-Term Investments** |  |  |  |  |
|  Investment Companies | 4988135 |  |  | 4988135 |
|  **Total Assets** | $**32972684** | $**—** | $**—** | $**32972684** |
|  **Total Liabilities** | $**—** | $**—** | $**—** | $**—** |
|  **Total** | $**32972684** | $**—** | $**—** | $**32972684** |

---

As of January 31, 2026, 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 | $2782237 |
|  Aggregate gross unrealized depreciation |  |
|  Net unrealized appreciation | $2782237 |
|  Federal income tax cost of investments in securities and derivative instruments, if applicable | $30190447 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 SMARTBETA EQUITY FUND

PORTFOLIO OF INVESTMENTS

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Number of<br>Shares** | **Value**<br>**(Note 1)** |
|  COMMON STOCKS: |  |  |
|  **Communication Services (7.2%)** |  |  |
|  ***Diversified Telecommunication Services (1.7%)*** |  |  |
|  AT&T, Inc. | 14981 | $392652 |
|  Deutsche Telekom AG (Registered) | 16051 | 535964 |
|  Koninklijke KPN NV | 164274 | 799919 |
|  NTT, Inc. | 262500 | 262737 |
|  Swisscom AG (Registered)(x) | 718 | 588387 |
|  Telstra Group Ltd. | 241443 | 820469 |
|  Verizon Communications, Inc. | 29361 | 1307152 |
|  |  | 4707280 |
|  ***Interactive Media & Services (5.0%)*** |  |  |
|  Alphabet, Inc., Class A | 33568 | 11345984 |
|  Meta Platforms, Inc., Class A | 3741 | 2680427 |
|  |  | 14026411 |
|  ***Wireless Telecommunication Services (0.5%)*** |  |  |
|  SoftBank Corp. | 391000 | 528037 |
|  T-Mobile US, Inc. | 3681 | 725930 |
|  |  | 1253967 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Communication Services** |  | 19987658 |
|  **Consumer Discretionary (8.2%)** |  |  |
|  ***Automobile Components (0.1%)*** |  |  |
|  Bridgestone Corp. | 18000 | 405337 |
|  ***Automobiles (1.0%)*** |  |  |
|  Tesla, Inc.\* | 6634 | 2855340 |
|  ***Broadline Retail (2.6%)*** |  |  |
|  Amazon.com, Inc.\* | 21886 | 5237320 |
|  Dollarama, Inc. | 5463 | 736210 |
|  eBay, Inc. | 3013 | 274846 |
|  Wesfarmers Ltd. | 15570 | 903803 |
|  |  | 7152179 |
|  ***Hotels, Restaurants & Leisure (1.8%)*** |  |  |
|  Aristocrat Leisure Ltd. | 8814 | 328731 |
|  Booking Holdings, Inc. | 214 | 1070394 |
|  Compass Group plc | 11065 | 331129 |
|  Darden Restaurants, Inc. | 2805 | 559177 |
|  Lottery Corp. Ltd. (The) | 111916 | 401353 |
|  McDonald's Corp. | 2871 | 904365 |
|  Oriental Land Co. Ltd.(x) | 20400 | 357158 |
|  Restaurant Brands International, Inc. | 4843 | 324433 |
|  Yum! Brands, Inc. | 5011 | 779211 |
|  |  | 5055951 |
|  ***Household Durables (0.2%)*** |  |  |
|  NVR, Inc.\* | 39 | 297794 |
|  Sony Group Corp. | 12600 | 281212 |
|  |  | 579006 |
|  ***Leisure Products (0.1%)*** |  |  |
|  Bandai Namco Holdings, Inc. | 9600 | 248746 |
|  ***Specialty Retail (2.3%)*** |  |  |
|  Fast Retailing Co. Ltd. | 800 | 303954 |
|  Home Depot, Inc. (The) | 3711 | 1390103 |
|  Industria de Diseno Textil SA | 5279 | 344160 |
|  O'Reilly Automotive, Inc.\* | 11177 | 1099929 |
|  Ross Stores, Inc. | 1704 | 321460 |
|  TJX Cos., Inc. (The) | 17513 | 2623623 |
|  Tractor Supply Co. | 7000 | 356160 |
|  |  | 6439389 |
|  ***Textiles, Apparel & Luxury Goods (0.1%)*** |  |  |
|  LVMH Moet Hennessy Louis Vuitton SE | 477 | 309224 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Consumer Discretionary** |  | 23045172 |
|  **Consumer Staples (10.7%)** |  |  |
|  ***Beverages (2.5%)*** |  |  |
|  Anheuser-Busch InBev SA/NV | 7233 | 515104 |
|  Coca-Cola Co. (The) | 37911 | 2836122 |
|  Keurig Dr Pepper, Inc. | 11401 | 312844 |
|  Kirin Holdings Co. Ltd.(x) | 22000 | 340036 |
|  Monster Beverage Corp.\* | 4641 | 374807 |
|  PepsiCo, Inc. | 17114 | 2629224 |
|  |  | 7008137 |
|  ***Consumer Staples Distribution & Retail (3.8%)*** |  |  |
|  Alimentation Couche-Tard, Inc. | 6681 | 347580 |
|  Coles Group Ltd. | 43938 | 651088 |
|  Costco Wholesale Corp. | 3501 | 3291815 |
|  Empire Co. Ltd., Class A | 9205 | 300693 |
|  George Weston Ltd. | 6300 | 439402 |
|  Koninklijke Ahold Delhaize NV | 10620 | 414914 |
|  Kroger Co. (The) | 8438 | 530328 |
|  Loblaw Cos. Ltd. | 17046 | 767017 |
|  Sysco Corp. | 3847 | 322571 |
|  Tesco plc | 99917 | 581340 |
|  Walmart, Inc. | 20910 | 2491217 |
|  Woolworths Group Ltd. | 18481 | 398174 |
|  |  | 10536139 |
|  ***Food Products (1.1%)*** |  |  |
|  Chocoladefabriken Lindt & Spruengli AG | 24 | 343367 |
|  Danone SA | 5704 | 445160 |
|  Hershey Co. (The) | 3500 | 681625 |
|  Magnum Ice Cream Co. NV (The)\* | 1057 | 18766 |
|  Mondelez International, Inc., Class A | 15006 | 877401 |
|  Nestle SA (Registered) | 6870 | 652563 |
|  |  | 3018882 |
|  ***Household Products (2.7%)*** |  |  |
|  Church & Dwight Co., Inc. | 4952 | 476630 |
|  Colgate-Palmolive Co. | 18509 | 1671177 |
|  Essity AB, Class B | 9638 | 284785 |
|  Henkel AG & Co. KGaA (Preference)(q) | 7013 | 616482 |
|  Kimberly-Clark Corp. | 7964 | 796320 |
|  Procter & Gamble Co. (The) | 23892 | 3626089 |
|  |  | 7471483 |
|  ***Personal Care Products (0.6%)*** |  |  |
|  Kao Corp. | 14300 | 571593 |
|  L'Oreal SA | 1418 | 650480 |
|  Unilever plc | 3624 | 245586 |
|  Unilever plc (Cboe Europe) | 4701 | 317803 |
|  |  | 1785462 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Consumer Staples** |  | 29820103 |
|  **Energy (1.8%)** |  |  |
|  ***Energy Equipment & Services (0.1%)*** |  |  |
|  Baker Hughes Co. | 6002 | 336352 |
|  ***Oil, Gas & Consumable Fuels (1.7%)*** |  |  |
|  Cheniere Energy, Inc. | 2511 | 531127 |
|  Enbridge, Inc. | 23766 | 1160156 |
|  Eni SpA | 18566 | 379096 |
|  Equinor ASA | 26389 | 704218 |
|  Kinder Morgan, Inc. | 11611 | 354019 |
|  Suncor Energy, Inc. | 7883 | 416656 |
|  TC Energy Corp. | 9944 | 583064 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 SMARTBETA EQUITY FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Number of<br>Shares** | **Value**<br>**(Note 1)** |
|  Williams Cos., Inc. (The) | 7561 | $508553 |
|  |  | 4636889 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Energy** |  | 4973241 |
|  **Financials (20.0%)** |  |  |
|  ***Banks (5.1%)*** |  |  |
|  Bank of Montreal | 2662 | 362395 |
|  Bank of Nova Scotia (The) | 19316 | 1444107 |
|  CaixaBank SA | 30066 | 397550 |
|  Canadian Imperial Bank of Commerce | 14014 | 1295136 |
|  DBS Group Holdings Ltd. | 12100 | 563100 |
|  DNB Bank ASA | 18395 | 528518 |
|  Intesa Sanpaolo SpA | 102500 | 724859 |
|  JPMorgan Chase & Co. | 4341 | 1327869 |
|  National Bank of Canada | 4142 | 493548 |
|  Nordea Bank Abp (Aquis Stock Exchange) | 13972 | 269636 |
|  Nordea Bank Abp (Turquoise Stock Exchange) | 23265 | 449922 |
|  Oversea-Chinese Banking Corp. Ltd. | 22500 | 375501 |
|  Royal Bank of Canada | 16594 | 2762965 |
|  Sumitomo Mitsui Financial Group, Inc. | 9000 | 318222 |
|  Svenska Handelsbanken AB, Class A(x) | 24883 | 392765 |
|  Swedbank AB, Class A | 10721 | 417286 |
|  Toronto-Dominion Bank (The) | 18501 | 1729106 |
|  UniCredit SpA | 4577 | 398492 |
|  |  | 14250977 |
|  ***Capital Markets (3.6%)*** |  |  |
|  Ameriprise Financial, Inc. | 1500 | 790785 |
|  Bank of New York Mellon Corp. (The) | 7700 | 923384 |
|  Cboe Global Markets, Inc. | 3189 | 845276 |
|  Charles Schwab Corp. (The) | 4646 | 482812 |
|  CME Group, Inc. | 6481 | 1873398 |
|  Deutsche Boerse AG | 3831 | 968612 |
|  Intercontinental Exchange, Inc. | 6366 | 1106284 |
|  Moody's Corp. | 1075 | 554227 |
|  MSCI, Inc. | 459 | 279632 |
|  Nasdaq, Inc. | 3781 | 366341 |
|  Raymond James Financial, Inc. | 1798 | 298216 |
|  S&P Global, Inc. | 1468 | 774796 |
|  Singapore Exchange Ltd. | 24100 | 334001 |
|  TMX Group Ltd. | 9500 | 350725 |
|  |  | 9948489 |
|  ***Consumer Finance (0.3%)*** |  |  |
|  American Express Co. | 2591 | 912472 |
|  ***Financial Services (3.0%)*** |  |  |
|  Berkshire Hathaway, Inc., Class B\* | 3523 | 1692907 |
|  Jack Henry & Associates, Inc. | 2161 | 387273 |
|  Mastercard, Inc., Class A | 6182 | 3330800 |
|  Visa, Inc., Class A | 9578 | 3082488 |
|  |  | 8493468 |
|  ***Insurance (8.0%)*** |  |  |
|  Aflac, Inc. | 5945 | 659598 |
|  AIA Group Ltd. | 31200 | 360840 |
|  Allianz SE (Registered) | 4423 | 1949274 |
|  Allstate Corp. (The) | 2843 | 565729 |
|  American International Group, Inc. | 4550 | 340704 |
|  Aon plc, Class A | 2200 | 769208 |
|  Chubb Ltd. | 6108 | 1890793 |
|  Fairfax Financial Holdings Ltd. | 301 | 496740 |
|  Generali | 8764 | 357257 |
|  Great-West Lifeco, Inc. | 14658 | 686154 |
|  Hannover Rueck SE | 2056 | 581975 |
|  Hartford Insurance Group, Inc. (The) | 5178 | 699341 |
|  Helvetia Baloise Holding AG | 1420 | 359477 |
|  Insurance Australia Group Ltd. | 58770 | 311026 |
|  Intact Financial Corp. | 4371 | 795810 |
|  Loews Corp. | 5300 | 559521 |
|  Marsh & McLennan Cos., Inc. | 2583 | 486095 |
|  MS&AD Insurance Group Holdings, Inc. | 13400 | 340455 |
|  Muenchener Rueckversicherungs- Gesellschaft AG in Muenchen (Registered) | 1758 | 1067762 |
|  Power Corp. of Canada | 9420 | 475064 |
|  Progressive Corp. (The) | 7665 | 1594320 |
|  QBE Insurance Group Ltd. | 33610 | 462001 |
|  Sampo OYJ, Class A | 52575 | 585806 |
|  Sompo Holdings, Inc. | 10600 | 364110 |
|  Sun Life Financial, Inc. | 10300 | 649021 |
|  Swiss Re AG | 2453 | 391725 |
|  Tokio Marine Holdings, Inc. | 9600 | 355255 |
|  Travelers Cos., Inc. (The) | 5330 | 1516438 |
|  Tryg A/S | 17644 | 428753 |
|  W.R. Berkley Corp. | 5400 | 370332 |
|  Willis Towers Watson plc | 818 | 259690 |
|  Zurich Insurance Group AG | 2143 | 1521903 |
|  |  | 22252177 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Financials** |  | 55857583 |
|  **Health Care (8.1%)** |  |  |
|  ***Biotechnology (0.7%)*** |  |  |
|  Amgen, Inc. | 2199 | 751794 |
|  CSL Ltd. | 2201 | 278056 |
|  Gilead Sciences, Inc. | 6013 | 853546 |
|  |  | 1883396 |
|  ***Health Care Equipment & Supplies (2.2%)*** |  |  |
|  Abbott Laboratories | 13267 | 1450083 |
|  Becton Dickinson & Co. | 3000 | 610440 |
|  Boston Scientific Corp.\* | 16292 | 1523791 |
|  Hoya Corp. | 2000 | 334324 |
|  Medtronic plc | 9934 | 1022805 |
|  ResMed, Inc. | 1085 | 280266 |
|  STERIS plc | 1185 | 311181 |
|  Stryker Corp. | 2001 | 739489 |
|  |  | 6272379 |
|  ***Health Care Providers & Services (1.2%)*** |  |  |
|  Cencora, Inc. | 3170 | 1138728 |
|  Fresenius SE & Co. KGaA | 5720 | 320093 |
|  HCA Healthcare, Inc. | 1807 | 882304 |
|  McKesson Corp. | 1267 | 1053143 |
|  |  | 3394268 |
|  ***Health Care Technology (0.2%)*** |  |  |
|  Veeva Systems, Inc., Class A\* | 2262 | 461267 |
|  ***Life Sciences Tools & Services (0.5%)*** |  |  |
|  Agilent Technologies, Inc. | 2904 | 388700 |
|  Danaher Corp. | 1547 | 338623 |
|  Mettler-Toledo International, Inc.\* | 231 | 317219 |
|  Thermo Fisher Scientific, Inc. | 651 | 376675 |
|  |  | 1421217 |
|  ***Pharmaceuticals (3.3%)*** |  |  |
|  Bristol-Myers Squibb Co. | 19327 | 1063951 |
|  Eli Lilly & Co. | 990 | 1026779 |
|  Johnson & Johnson | 12263 | 2786767 |
|  Merck & Co., Inc. | 4061 | 447806 |
|  Novartis AG (Registered) | 10826 | 1605169 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 SMARTBETA EQUITY FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Number of<br>Shares** | **Value**<br>**(Note 1)** |
|  Otsuka Holdings Co. Ltd. | 4600 | $274674 |
|  Roche Holding AG | 1660 | 753072 |
|  Sanofi SA | 4752 | 446116 |
|  Zoetis, Inc. | 5625 | 702113 |
|  |  | 9106447 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Health Care** |  | 22538974 |
|  **Industrials (14.6%)** |  |  |
|  ***Aerospace & Defense (2.8%)*** |  |  |
|  GE Aerospace | 3235 | 992466 |
|  General Dynamics Corp. | 5125 | 1799336 |
|  Howmet Aerospace, Inc. | 2520 | 524362 |
|  L3Harris Technologies, Inc. | 1095 | 375421 |
|  Lockheed Martin Corp. | 1904 | 1207555 |
|  MTU Aero Engines AG | 840 | 372887 |
|  Northrop Grumman Corp. | 894 | 618880 |
|  RTX Corp. | 6260 | 1257822 |
|  Singapore Technologies Engineering Ltd. | 69900 | 538495 |
|  |  | 7687224 |
|  ***Air Freight & Logistics (0.4%)*** |  |  |
|  Expeditors International of Washington, Inc. | 4800 | 770592 |
|  United Parcel Service, Inc., Class B | 3634 | 386003 |
|  |  | 1156595 |
|  ***Building Products (1.3%)*** |  |  |
|  Allegion plc | 5500 | 909645 |
|  Daikin Industries Ltd. | 2700 | 324241 |
|  Geberit AG (Registered) | 619 | 472107 |
|  Johnson Controls International plc | 7430 | 886102 |
|  Trane Technologies plc | 2751 | 1157015 |
|  |  | 3749110 |
|  ***Commercial Services & Supplies (1.1%)*** |  |  |
|  Brambles Ltd. | 40979 | 639200 |
|  Cintas Corp. | 6185 | 1183747 |
|  Republic Services, Inc. | 3877 | 833904 |
|  Secom Co. Ltd. | 7600 | 277904 |
|  |  | 2934755 |
|  ***Construction & Engineering (0.7%)*** |  |  |
|  ACS Actividades de Construccion y Servicios SA | 3575 | 401091 |
|  EMCOR Group, Inc. | 483 | 348113 |
|  Stantec, Inc. | 3784 | 374996 |
|  Vinci SA | 2466 | 354130 |
|  WSP Global, Inc. | 2894 | 559459 |
|  |  | 2037789 |
|  ***Electrical Equipment (0.8%)*** |  |  |
|  ABB Ltd. (Registered) | 10619 | 915675 |
|  Eaton Corp. plc | 3080 | 1082374 |
|  Mitsubishi Electric Corp. | 11700 | 365152 |
|  |  | 2363201 |
|  ***Ground Transportation (0.9%)*** |  |  |
|  Central Japan Railway Co. | 22900 | 637311 |
|  East Japan Railway Co. | 13700 | 344625 |
|  Union Pacific Corp. | 6189 | 1455034 |
|  |  | 2436970 |
|  ***Industrial Conglomerates (0.4%)*** |  |  |
|  Honeywell International, Inc. | 5234 | 1190840 |
|  ***Machinery (3.4%)*** |  |  |
|  Atlas Copco AB, Class A | 35680 | 736032 |
|  Caterpillar, Inc. | 2584 | 1698618 |
|  Cummins, Inc. | 883 | 511098 |
|  Epiroc AB, Class A | 13403 | 375720 |
|  FANUC Corp. | 9600 | 388876 |
|  GEA Group AG | 9706 | 694903 |
|  Illinois Tool Works, Inc. | 4800 | 1254048 |
|  Komatsu Ltd. | 9600 | 367785 |
|  Kone OYJ, Class B | 4544 | 326513 |
|  Otis Worldwide Corp. | 7848 | 670376 |
|  Parker-Hannifin Corp. | 898 | 840384 |
|  Pentair plc | 5900 | 621683 |
|  Snap-on, Inc. | 1600 | 585776 |
|  Xylem, Inc. | 2510 | 346054 |
|  |  | 9417866 |
|  ***Professional Services (1.8%)*** |  |  |
|  Automatic Data Processing, Inc. | 6030 | 1488325 |
|  Broadridge Financial Solutions, Inc. | 3747 | 738571 |
|  Leidos Holdings, Inc. | 2034 | 382962 |
|  Paychex, Inc. | 4091 | 421905 |
|  SGS SA (Registered) | 2993 | 359292 |
|  Thomson Reuters Corp. | 4474 | 494336 |
|  Verisk Analytics, Inc. | 2496 | 542780 |
|  Wolters Kluwer NV | 4833 | 451887 |
|  |  | 4880058 |
|  ***Trading Companies & Distributors (1.0%)*** |  |  |
|  Fastenal Co. | 24884 | 1078970 |
|  ITOCHU Corp. | 47500 | 604953 |
|  Toromont Industries Ltd. | 2937 | 374122 |
|  W.W. Grainger, Inc. | 800 | 863952 |
|  |  | 2921997 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Industrials** |  | 40776405 |
|  **Information Technology (20.0%)** |  |  |
|  ***Communications Equipment (1.0%)*** |  |  |
|  Cisco Systems, Inc. | 19733 | 1545488 |
|  Motorola Solutions, Inc. | 3398 | 1367831 |
|  |  | 2913319 |
|  ***Electronic Equipment, Instruments & Components (0.6%)*** |  |  |
|  Amphenol Corp., Class A | 2931 | 422298 |
|  CDW Corp. | 1993 | 251895 |
|  Murata Manufacturing Co. Ltd. | 15900 | 322192 |
|  TE Connectivity plc | 2800 | 623784 |
|  |  | 1620169 |
|  ***IT Services (1.1%)*** |  |  |
|  Accenture plc, Class A | 6629 | 1747669 |
|  Fujitsu Ltd. | 15600 | 431732 |
|  International Business Machines Corp. | 1747 | 535805 |
|  VeriSign, Inc. | 1395 | 340701 |
|  |  | 3055907 |
|  ***Semiconductors & Semiconductor Equipment (7.1%)*** |  |  |
|  Analog Devices, Inc. | 1244 | 386735 |
|  ASML Holding NV (Registered) (ADR) | 310 | 441130 |
|  Broadcom, Inc. | 10412 | 3449496 |
|  KLA Corp. | 1015 | 1449359 |
|  NVIDIA Corp. | 69591 | 13300928 |
|  QUALCOMM, Inc. | 5299 | 803275 |
|  |  | 19830923 |
|  ***Software (5.2%)*** |  |  |
|  Autodesk, Inc.\* | 1948 | 492591 |
|  Constellation Software, Inc. | 238 | 439235 |
|  Intuit, Inc. | 1590 | 793283 |
|  Microsoft Corp. | 22512 | 9686688 |
|  Palo Alto Networks, Inc.\* | 1777 | 314476 |
|  Roper Technologies, Inc. | 1600 | 593968 |
|  Salesforce, Inc. | 4811 | 1021327 |
|  SAP SE | 2331 | 471266 |
|  ServiceNow, Inc.\* | 4065 | 475646 |
|  Tyler Technologies, Inc.\* | 601 | 222009 |
|  |  | 14510489 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 SMARTBETA EQUITY FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
|  | **Number of<br>Shares** | **Value**<br>**(Note 1)** |  |
|  ***Technology Hardware, Storage & Peripherals (5.0%)*** | ***Technology Hardware, Storage & Peripherals (5.0%)*** | ***Technology Hardware, Storage & Peripherals (5.0%)*** | **** |
|  Apple, Inc. | 46705 | $12119013 |  |
|  Dell Technologies, Inc., Class C | 2845 | 325582 |  |
|  NetApp, Inc. | 2900 | 279415 |  |
|  Seagate Technology Holdings plc | 2705 | 1102802 |  |
|  |  | 13826812 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Information Technology** |  | 55757619 |  |
|  **Materials (3.2%)** |  |  |  |
|  ***Chemicals (2.2%)*** |  |  |  |
|  Air Liquide SA | 1500 | 280821 |  |
|  Corteva, Inc. | 4190 | 305032 |  |
|  Ecolab, Inc. | 5697 | 1606497 |  |
|  Givaudan SA (Registered) | 154 | 595242 |  |
|  Linde plc | 5380 | 2458499 |  |
|  Sherwin-Williams Co. (The) | 2900 | 1028456 |  |
|  |  | 6274547 |  |
|  ***Construction Materials (0.1%)*** |  |  |  |
|  Heidelberg Materials AG | 1221 | 334763 |  |
|  ***Metals & Mining (0.9%)*** |  |  |  |
|  Franco-Nevada Corp. | 1300 | 304309 |  |
|  Newmont Corp. | 8091 | 909024 |  |
|  Wheaton Precious Metals Corp. | 8937 | 1177401 |  |
|  |  | 2390734 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Materials** |  | 9000044 |  |
|  **Real Estate (0.8%)** |  |  |  |
|  ***Real Estate Management & Development (0.2%)*** |  |  |  |
|  Daito Trust Construction Co. Ltd. | 18000 | 364629 |  |
|  Mitsui Fudosan Co. Ltd. | 26500 | 302654 |  |
|  |  | 667283 |  |
|  ***Residential REITs (0.2%)*** |  |  |  |
|  AvalonBay Communities, Inc. (REIT) | 2200 | 390874 |  |
|  ***Retail REITs (0.1%)*** |  |  |  |
|  Realty Income Corp. (REIT) | 6057 | 370446 |  |
|  ***Specialized REITs (0.3%)*** |  |  |  |
|  American Tower Corp. (REIT) | 1895 | 339736 |  |
|  Digital Realty Trust, Inc. (REIT) | 1677 | 278298 |  |
|  Equinix, Inc. (REIT) | 371 | 304565 |  |
|  |  | 922599 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Real Estate** |  | 2351202 |  |
|  **Utilities (4.2%)** |  |  |  |
|  ***Electric Utilities (1.8%)*** |  |  |  |
|  Duke Energy Corp. | 6042 | 733197 |  |
|  Enel SpA | 64680 | 713630 |  |
|  Eversource Energy | 5043 | 348622 |  |
|  Exelon Corp. | 8780 | 393168 |  |
|  Hydro One Ltd.(m) | 13760 | 543973 |  |
|  Iberdrola SA | 47505 | 1065668 |  |
|  Southern Co. (The) | 7103 | 634369 |  |
|  Terna - Rete Elettrica Nazionale | 58178 | 629341 |  |
|  |  | 5061968 |  |
|  ***Gas Utilities (0.7%)*** |  |  |  |
|  AltaGas Ltd. | 11477 | 346168 |  |
|  Atmos Energy Corp. | 5688 | 946142 |  |
|  Hong Kong & China Gas Co. Ltd. | 308000 | 290570 |  |
|  Osaka Gas Co. Ltd. | 8900 | 333204 |  |
|  |  | 1916084 |  |
|  ***Multi-Utilities (1.6%)*** |  |  |  |
|  Consolidated Edison, Inc. | 7600 | 810388 |  |
|  E.ON SE | 37794 | 800336 |  |
|  National Grid plc | 26197 | 442527 |  |
|  Public Service Enterprise Group, Inc. | 12100 | 996556 |  |
|  Sempra | 10912 | 949453 |  |
|  WEC Energy Group, Inc. | 2790 | 308770 |  |
|  |  | 4308030 |  |
|  ***Water Utilities (0.1%)*** |  |  |  |
|  American Water Works Co., Inc. | 2732 | 352783 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Utilities** |  | 11638865 |  |
|  **Total Common Stocks (98.8%)**<br>*(Cost $211,679,285)* |  | 275746866 |  |
|  | **Number of<br>Warrants** |  |  |
|  WARRANTS: |  |  |  |
|  **Information Technology (0.0%)** |  |  |  |
|  ***Software (0.0%)*** |  |  |  |
|  Constellation Software, Inc., expiring 3/31/40(r)\*<br>*(Cost $—)* | 100 |  |  |
|  | **Number of<br>Shares** |  |  |
|  SHORT-TERM INVESTMENTS: |  |  |  |
|  **Investment Companies (0.8%)** |  |  |  |
|  JPMorgan Prime Money Market Fund, IM Shares 3.86% (7 day yield) | 2266038 | $2266944 |  |
|  **Total Short-Term Investments (0.8%)**<br>*(Cost $2,266,944)* |  | 2266944 |  |
|  **Total Investments in Securities (99.6%)**<br>*(Cost $213,946,229)* |  | 278013810 |  |
|  **Other Assets Less Liabilities (0.4%)** |  | 984999 |  |
|  **Net Assets (100%)** |  | $278998809 |  |

---

*\** *Non-income producing.* 

*(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 January 31, 2026, the market value or fair value, as applicable, of these securities amounted to $543,973 or 0.2% of net assets.* 

*(q)* *Preference Shares are a special type of equity investment that shares in the earnings of the company, has limited voting rights, and receives a greater dividend than applicable Common Shares.* 

*(r)* *Fair value determined using significant unobservable inputs.* 

*(x)* *All or a portion of security is on loan at January 31, 2026, the Portfolio had loaned securities with a total value of $1,218,512. This was collateralized by $1,307,236 of various U.S. Government Treasury Securities, ranging from 0.125% – 4.750%, maturing 5/15/26 – 8/15/55.* 

*Glossary:* 

*ADR — American Depositary Receipt* 

*REIT — Real Estate Investment Trust* 

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

1290 SMARTBETA EQUITY FUND

PORTFOLIO OF INVESTMENTS (Continued)

January 31, 2026 (Unaudited)

The following is a summary of the inputs, summarized in three broad levels, used to value the Fund's assets and liabilities carried at fair value as of January 31, 2026:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investment Type** | **Level 1<br>Quoted Prices in Active<br>Markets for Identical<br>Securities** | **Level 2<br>Significant Other<br>Observable Inputs<br>(including quoted prices**<br>**for similar securities,**<br>**interest rates,<br>prepayment speeds,**<br>**credit risk, etc.)** | **Level 3<br>Significant Unobservable<br>Inputs (including the**<br>**Fund's own**<br>**assumptions in**<br>**determining the fair**<br>**value of investments)** | **Total** |
|  **Assets:** |  |  |  |  |
|  **Common Stocks** |  |  |  |  |
|  Communication Services | $16452145 | $3535513 | $— | $19987658 |
|  Consumer Discretionary | 18830365 | 4214807 |  | 23045172 |
|  Consumer Staples | 22772862 | 7047241 |  | 29820103 |
|  Energy | 3889927 | 1083314 |  | 4973241 |
|  Financials | 40281500 | 15576083 |  | 55857583 |
|  Health Care | 18527470 | 4011504 |  | 22538974 |
|  Industrials | 30827626 | 9948779 |  | 40776405 |
|  Information Technology | 54532429 | 1225190 |  | 55757619 |
|  Materials | 7789218 | 1210826 |  | 9000044 |
|  Real Estate | 1683919 | 667283 |  | 2351202 |
|  Utilities | 7363589 | 4275276 |  | 11638865 |
|  **Short-Term Investments** |  |  |  |  |
|  Investment Companies | 2266944 |  |  | 2266944 |
|  **Warrants** |  |  |  |  |
|  Information Technology |  |  | — (a) | — (a) |
|  **Total Assets** | $**225217994** | $**52795816** | $**—** | $**278013810** |
|  **Total Liabilities** | $**—** | $**—** | $**—** | $**—** |
|  **Total** | $**225217994** | $**52795816** | $**—** | $**278013810** |
| (a) Value is zero. |  |  |  |  |

---

As of January 31, 2026, 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 | $67904539 |
|  Aggregate gross unrealized depreciation | (4414536) |
|  Net unrealized appreciation | $63490003 |
|  Federal income tax cost of investments in securities and derivative instruments, if applicable | $214523807 |

---

See Notes to Portfolio of Investments.

------

**1290 FUNDS** 

NOTES TO PORTFOLIO OF INVESTMENTS

January 31, 2026 (Unaudited)

Note 1 Valuation

The Board of Trustees (the "Board") of the 1290 Funds (the "Trust") is primarily responsible for overseeing that appropriate valuation methods are used to price securities and other investments for each series (each, a "Fund" and collectively, the "Funds") of the Trust. Section 2(a)(41) of the Investment Company Act of 1940, as amended (the "1940 Act"), requires funds to value their portfolio investments using: (i) the market value of their portfolio securities when market quotations are "readily available" and (ii) the investment's fair value, as determined in good faith by the Board, when a market quotation for a portfolio security is not readily available or if the investment is not a security. Rule 2a-5 under the 1940 Act ("Rule 2a-5") permits the Board to designate a "valuation designee" to perform the fair value determinations for any and all Fund investments, subject to Board oversight and certain other requirements designed to facilitate the Board's ability to effectively oversee fair value determinations. Pursuant to Rule 2a-5, the Board designated Equitable Investment Management, LLC, the Trust's investment adviser (the "Adviser"), as the Funds' valuation designee. As the Funds' valuation designee, the Adviser is responsible for determining fair value in good faith for any and all Fund investments. The Adviser has adopted pricing procedures ("Pricing Procedures") to establish methods for valuing portfolio securities and other investments held by the Trust and its respective Funds, in accordance with Section 2(a)(41) of the 1940 Act and Rule 2a-5. The Board has delegated the responsibility of calculating the net asset values ("NAVs") of each of the Trust's Funds and classes pursuant to these Pricing Procedures to the Trust's administrator, Equitable Investment Management, LLC (the "Administrator"). The Administrator has entered into a sub-administration agreement with JPMorgan Chase Bank, N.A. (the "Sub-Administrator"), to assist in performing certain duties, including the calculation of the Funds' NAVs. The valuation designee has established a valuation committee (the "Committee") with day-to-day responsibility for, among other things, determining when market values for assets held by the Trust are not readily available, determining the fair value of any such asset and making the actual calculation of the fair value of any such asset in accordance with the Pricing Procedures. The Committee is comprised of senior employees from the Adviser.

Due to the inherent uncertainty of the valuation of securities for which market quotations are not readily available, the fair value of such securities 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 each Fund's assets or liabilities carried at fair value. These inputs are summarized in three broad levels below:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 - other significant observable inputs (including quoted prices of similar securities, interest rates,
prepayment speeds, credit risk, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair
value of investments)

A summary of inputs used to value each Fund's assets and liabilities carried at fair value as of January 31, 2026, is included in the Portfolio of Investments for each Fund. 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 Fund, 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 fair 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 fair value Level 3 securities. As part of a review, the Committee would consider obtaining updates from its pricing vendors and Sub-Advisers 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 provided by a Sub-Adviser or other pricing source.

To substantiate unobservable inputs used in a fair valuation, the Committee may 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 Fund's NAV.

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

Events or circumstances affecting the values of Fund 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 Fund when the Committee deems that the particular event or circumstance would materially affect such Fund's NAV.

------

**1290 FUNDS** 

NOTES TO PORTFOLIO OF INVESTMENTS (Concluded)

January 31, 2026 (Unaudited)

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 Funds may use derivatives in an attempt to achieve an economic hedge, the Fund's derivatives are not accounted for as hedging instruments because the Funds 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 Fund's Portfolio of Investments.

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

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** 1290 Funds

- **b. Investment Company Act file number:** 811-22959

- **c. CIK number of Registrant:** 0001605941

- **d. LEI of Registrant:** 5493000PXD0IQID6H351

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1345 Avenue of the Americas

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10105

  - **Telephone number:** 212-554-1234

**Item A.2. Information about the Series.**

- **a. Name of Series:** 1290 SmartBeta Equity Fund

- **b. EDGAR series identifier (if any):** S000045912

- **c. LEI of Series:** 549300QX3XGSQC885C58

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $279142829.41

**Total Liabilities:** $307316.94

**Net Assets:** $278835512.47

**Cash Not Reported:** $389511.17

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000143087 | 1.35%                | 0.16%                | 1.44%                |
| Class ID C000143088 | 1.35%                | 0.15%                | 1.49%                |
| Class ID C000143086 | 1.44%                | 0.15%                | 1.49%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1267287.54              | $2341526.70                                |
| Month 2  | $1988334.57              | $-1626999.10                               |
| Month 3  | $247799.08               | $3621930.99                                |

### Schedule of Portfolio Investments

| Name                                           | Title                                                                  | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Intercontinental Exchange, Inc.                | Intercontinental Exchange, Inc.                                        | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |      6366 | NS      | $1106283.48   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Thomson Reuters Corp.                          | Thomson Reuters Corp.                                                  | CUSIP: 884903808<br>LEI: 549300561UZND4C7B569 | Long             | EC               | CORP              | CA        |      4474 | NS      | $494336.50    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| National Bank of Canada                        | National Bank of Canada                                                | CUSIP: 633067103<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | EC               | CORP              | CA        |      4142 | NS      | $493547.90    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp. plc                                | Eaton Corp. plc                                                        | CUSIP: N/A<br>LEI: 549300VDIGTMXUNT7H71       | Long             | EC               | CORP              | IE        |      3080 | NS      | $1082373.60   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp.                         | Monster Beverage Corp.                                                 | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |      4641 | NS      | $374807.16    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Norwegian Krone                                | Norwegian Krone                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | NO        |     10000 | OU      | $1038.37      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc.                                 | Alphabet, Inc., Class A                                                | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     33568 | NS      | $11345984.00  | 4.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Expeditors International of Washington, Inc.   | Expeditors International of Washington, Inc.                           | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |      4800 | NS      | $770592.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart, Inc.                                  | Walmart, Inc.                                                          | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     20910 | NS      | $2491217.40   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group, Inc.                                | CME Group, Inc.                                                        | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |      6481 | NS      | $1873397.86   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp.                                 | Amphenol Corp., Class A                                                | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |      2931 | NS      | $422298.48    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Loews Corp.                                    | Loews Corp.                                                            | CUSIP: 540424108<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | EC               | CORP              | US        |      5300 | NS      | $559521.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd.                                     | Chubb Ltd.                                                             | CUSIP: N/A<br>LEI: E0JAN6VLUDI1HITHT809       | Long             | EC               | CORP              | CH        |      6108 | NS      | $1890792.48   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Muenchener Rueckversicherungs-Gesellschaft AG  | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen (Registered) | CUSIP: N/A<br>LEI: 529900MUF4C20K50JS49       | Long             | EC               | CORP              | DE        |      1758 | NS      | $1067762.33   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| NVIDIA Corp.                                   | NVIDIA Corp.                                                           | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     69591 | NS      | $13300927.83  | 4.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                               | Amazon.com, Inc.                                                       | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     21886 | NS      | $5237319.80   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Toromont Industries Ltd.                       | Toromont Industries Ltd.                                               | CUSIP: 891102105<br>LEI: 5493008W5EPRSLQ0B737 | Long             | EC               | CORP              | CA        |      2937 | NS      | $374121.58    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Unilever plc                                   | Unilever plc                                                           | CUSIP: N/A<br>LEI: 549300MKFYEKVRWML317       | Long             | EC               | CORP              | GB        |      4701 | NS      | $317803.27    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Xylem, Inc.                                    | Xylem, Inc.                                                            | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |      2510 | NS      | $346053.70    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Fairfax Financial Holdings Ltd.                | Fairfax Financial Holdings Ltd.                                        | CUSIP: 303901102<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | EC               | CORP              | CA        |       301 | NS      | $496740.08    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| NVR, Inc.                                      | NVR, Inc.                                                              | CUSIP: 62944T105<br>LEI: 529900RWXR4JI3JYTV70 | Long             | EC               | CORP              | US        |        39 | NS      | $297793.47    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp.                         | Northrop Grumman Corp.                                                 | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |       894 | NS      | $618880.44    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp.                                      | KLA Corp.                                                              | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      1015 | NS      | $1449359.10   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Toronto-Dominion Bank (The)                    | Toronto-Dominion Bank (The)                                            | CUSIP: 891160509<br>LEI: PT3QB789TSUIDF371261 | Long             | EC               | CORP              | CA        |     18501 | NS      | $1729106.06   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Group Corp.                               | Sony Group Corp.                                                       | CUSIP: N/A<br>LEI: 529900R5WX9N2OI2N910       | Long             | EC               | CORP              | JP        |     12600 | NS      | $281212.20    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Co.                       | Bristol-Myers Squibb Co.                                               | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     19327 | NS      | $1063951.35   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Sampo OYJ                                      | Sampo OYJ, Class A                                                     | CUSIP: N/A<br>LEI: 743700UF3RL386WIDA22       | Long             | EC               | CORP              | FI        |     52575 | NS      | $585805.90    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| CSL Ltd.                                       | CSL Ltd.                                                               | CUSIP: N/A<br>LEI: 529900ECSECK5ZDQTE14       | Long             | EC               | CORP              | AU        |      2201 | NS      | $278056.33    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Eli Lilly & Co.                                | Eli Lilly & Co.                                                        | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |       990 | NS      | $1026778.50   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp.                                  | Danaher Corp.                                                          | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      1547 | NS      | $338622.83    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlas Copco AB                                 | Atlas Copco AB, Class A                                                | CUSIP: N/A<br>LEI: 213800T8PC8Q4FYJZR07       | Long             | EC               | CORP              | SE        |     35680 | NS      | $736031.43    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Stryker Corp.                                  | Stryker Corp.                                                          | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |      2001 | NS      | $739489.56    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace, Inc.                         | Howmet Aerospace, Inc.                                                 | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |      2520 | NS      | $524361.60    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins, Inc.                                  | Cummins, Inc.                                                          | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |       883 | NS      | $511098.06    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp.                        | Boston Scientific Corp.                                                | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |     16292 | NS      | $1523790.76   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit, Inc.                                   | Intuit, Inc.                                                           | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      1590 | NS      | $793282.80    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp.          | International Business Machines Corp.                                  | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |      1747 | NS      | $535804.90    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Hong Kong & China Gas Co. Ltd.                 | Hong Kong & China Gas Co. Ltd.                                         | CUSIP: N/A<br>LEI: 254900P7BETXGC7YU827       | Long             | EC               | CORP              | HK        |    308000 | NS      | $290569.76    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Danone SA                                      | Danone SA                                                              | CUSIP: N/A<br>LEI: 969500KMUQ2B6CBAF162       | Long             | EC               | CORP              | FR        |      5704 | NS      | $445159.80    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanofi SA                                      | Sanofi SA                                                              | CUSIP: N/A<br>LEI: 549300E9PC51EN656011       | Long             | EC               | CORP              | FR        |      4752 | NS      | $446116.43    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Oversea-Chinese Banking Corp. Ltd.             | Oversea-Chinese Banking Corp. Ltd.                                     | CUSIP: N/A<br>LEI: 5493007O3QFXCPOGWK22       | Long             | EC               | CORP              | SG        |     22500 | NS      | $375501.14    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic Services, Inc.                        | Republic Services, Inc.                                                | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |      3877 | NS      | $833903.93    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Brambles Ltd.                                  | Brambles Ltd.                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |     40979 | NS      | $639200.28    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Mettler-Toledo International, Inc.             | Mettler-Toledo International, Inc.                                     | CUSIP: 592688105<br>LEI: 5493000BD5GJNUDIUG10 | Long             | EC               | CORP              | US        |       231 | NS      | $317218.44    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple, Inc.                                    | Apple, Inc.                                                            | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     46705 | NS      | $12119013.40  | 4.35%             |  |  |  | No            |                  1 | On Loan: No      |
| ResMed, Inc.                                   | ResMed, Inc.                                                           | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |      1085 | NS      | $280266.35    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Daito Trust Construction Co. Ltd.              | Daito Trust Construction Co. Ltd.                                      | CUSIP: N/A<br>LEI: 353800QQ4DRI3KXS3038       | Long             | EC               | CORP              | JP        |     18000 | NS      | $364629.10    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Moody's Corp.                                  | Moody's Corp.                                                          | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |      1075 | NS      | $554227.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing, Inc.                | Automatic Data Processing, Inc.                                        | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |      6030 | NS      | $1488324.60   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Swedbank AB                                    | Swedbank AB, Class A                                                   | CUSIP: N/A<br>LEI: M312WZV08Y7LYUC71685       | Long             | EC               | CORP              | SE        |     10721 | NS      | $417285.51    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Kirin Holdings Co. Ltd.                        | Kirin Holdings Co. Ltd.                                                | CUSIP: 497350108<br>LEI: 353800GBVL72LLMTYM96 | Long             | EC               | CORP              | JP        |     22000 | NS      | $340036.19    | 0.12%             |  |  |  | No            |                  2 | On Loan: —       |
| Komatsu Ltd.                                   | Komatsu Ltd.                                                           | CUSIP: N/A<br>LEI: 5493004LQ0B4T7QPQV17       | Long             | EC               | CORP              | JP        |      9600 | NS      | $367784.96    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Jack Henry & Associates, Inc.                  | Jack Henry & Associates, Inc.                                          | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Long             | EC               | CORP              | US        |      2161 | NS      | $387272.81    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Boerse AG                             | Deutsche Boerse AG                                                     | CUSIP: N/A<br>LEI: 529900G3SW56SHYNPR95       | Long             | EC               | CORP              | DE        |      3831 | NS      | $968611.48    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Danish Krone                                   | Danish Krone                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | DK        |     10000 | OU      | $1587.21      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Compass Group plc                              | Compass Group plc                                                      | CUSIP: N/A<br>LEI: 2138008M6MH9OZ6U2T68       | Long             | EC               | CORP              | GB        |     11065 | NS      | $331129.14    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| New Zealand Dollar                             | New Zealand Dollar                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | NZ        |      2000 | OU      | $1204.21      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy, Inc.                          | Cheniere Energy, Inc.                                                  | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |      2511 | NS      | $531126.72    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                            | Constellation Software, Inc.                                           | CUSIP: 21037X134<br>LEI: N/A                  | N/A              | DO               |  | CA        |       100 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Ross Stores, Inc.                              | Ross Stores, Inc.                                                      | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |      1704 | NS      | $321459.60    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap-on, Inc.                                  | Snap-on, Inc.                                                          | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |      1600 | NS      | $585776.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co.                           | American Express Co.                                                   | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |      2591 | NS      | $912472.47    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co. (The)                               | Kroger Co. (The)                                                       | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |      8438 | NS      | $530328.30    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Svenska Handelsbanken AB                       | Svenska Handelsbanken AB, Class A                                      | CUSIP: N/A<br>LEI: NHBDILHZTYCNBV5UYZ31       | Long             | EC               | CORP              | SE        |     24883 | NS      | $392764.50    | 0.14%             |  |  |  | No            |                  2 | On Loan: —       |
| Franco-Nevada Corp.                            | Franco-Nevada Corp.                                                    | CUSIP: 351858105<br>LEI: 98450064C1B5D3E94864 | Long             | EC               | CORP              | CA        |      1300 | NS      | $304308.74    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp. (The)                           | Allstate Corp. (The)                                                   | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |      2843 | NS      | $565728.57    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust, Inc.                     | Digital Realty Trust, Inc.                                             | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |      1677 | NS      | $278298.15    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                              | Johnson & Johnson                                                      | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     12263 | NS      | $2786766.75   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc.                              | Merck & Co., Inc.                                                      | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      4061 | NS      | $447806.47    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard, Inc.                               | Mastercard, Inc., Class A                                              | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      6182 | NS      | $3330799.78   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T, Inc.                                     | AT&T, Inc.                                                             | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     14981 | NS      | $392652.01    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Swedish Krona                                  | Swedish Krona                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | SE        |     10000 | OU      | $1122.64      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Pentair plc                                    | Pentair plc                                                            | CUSIP: N/A<br>LEI: 549300EVR9D56WPSRP15       | Long             | EC               | CORP              | IE        |      5900 | NS      | $621683.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Industria de Diseno Textil SA                  | Industria de Diseno Textil SA                                          | CUSIP: N/A<br>LEI: 549300TTCXZOGZM2EY83       | Long             | EC               | CORP              | ES        |      5279 | NS      | $344160.45    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Lottery Corp. Ltd. (The)                       | Lottery Corp. Ltd. (The)                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    111916 | NS      | $401353.44    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Tesla, Inc.                                    | Tesla, Inc.                                                            | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |      6634 | NS      | $2855339.94   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hydro One Ltd.                                 | Hydro One Ltd.                                                         | CUSIP: 448811208<br>LEI: 5493007QZDXTP1W2VL44 | Long             | EC               | CORP              | CA        |     13760 | NS      | $543972.97    | 0.20%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Atmos Energy Corp.                             | Atmos Energy Corp.                                                     | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |      5688 | NS      | $946141.92    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Terna - Rete Elettrica Nazionale               | Terna - Rete Elettrica Nazionale                                       | CUSIP: N/A<br>LEI: 8156009E94ED54DE7C31       | Long             | EC               | CORP              | IT        |     58178 | NS      | $629340.76    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Chocoladefabriken Lindt & Spruengli AG         | Chocoladefabriken Lindt & Spruengli AG                                 | CUSIP: N/A<br>LEI: 529900JYJNNOKKAGK736       | Long             | EC               | CORP              | CH        |        24 | NS      | $343367.18    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Unilever plc                                   | Unilever plc                                                           | CUSIP: N/A<br>LEI: 549300MKFYEKVRWML317       | Long             | EC               | CORP              | GB        |      3624 | NS      | $245585.65    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Becton Dickinson & Co.                         | Becton Dickinson & Co.                                                 | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |      3000 | NS      | $610440.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Alimentation Couche-Tard, Inc.                 | Alimentation Couche-Tard, Inc.                                         | CUSIP: 01626P148<br>LEI: 549300OSW32RVX8CCZ87 | Long             | EC               | CORP              | CA        |      6681 | NS      | $347579.80    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service, Inc.                    | United Parcel Service, Inc., Class B                                   | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |      3634 | NS      | $386003.48    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| MS&AD Insurance Group Holdings, Inc.           | MS&AD Insurance Group Holdings, Inc.                                   | CUSIP: N/A<br>LEI: 529900CXROT5S2HMMP26       | Long             | EC               | CORP              | JP        |     13400 | NS      | $340454.90    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Raymond James Financial, Inc.                  | Raymond James Financial, Inc.                                          | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |      1798 | NS      | $298216.28    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Eni SpA                                        | Eni SpA                                                                | CUSIP: N/A<br>LEI: BUCRF72VH5RBN7X3VL35       | Long             | EC               | CORP              | IT        |     18566 | NS      | $379096.17    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Vinci SA                                       | Vinci SA                                                               | CUSIP: N/A<br>LEI: 213800WFQ334R8UXUG83       | Long             | EC               | CORP              | FR        |      2466 | NS      | $354130.31    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Johnson Controls International plc             | Johnson Controls International plc                                     | CUSIP: N/A<br>LEI: 549300XQ6S1GYKGBL205       | Long             | EC               | CORP              | IE        |      7430 | NS      | $886101.80    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitton SE            | LVMH Moet Hennessy Louis Vuitton SE                                    | CUSIP: N/A<br>LEI: IOG4E947OATN0KJYSD45       | Long             | EC               | CORP              | FR        |       477 | NS      | $309223.80    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Hartford Insurance Group, Inc. (The)           | Hartford Insurance Group, Inc. (The)                                   | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |      5178 | NS      | $699340.68    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp. (The)                        | Progressive Corp. (The)                                                | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |      7665 | NS      | $1594320.00   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                                | ASML Holding NV (Registered)                                           | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |       310 | NS      | $441130.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke KPN NV                             | Koninklijke KPN NV                                                     | CUSIP: N/A<br>LEI: 549300YO0JZHAL7FVP81       | Long             | EC               | CORP              | NL        |    164274 | NS      | $799918.74    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Home Depot, Inc. (The)                         | Home Depot, Inc. (The)                                                 | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      3711 | NS      | $1390103.49   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| QBE Insurance Group Ltd.                       | QBE Insurance Group Ltd.                                               | CUSIP: N/A<br>LEI: 549300D2FBW76FPUSG65       | Long             | EC               | CORP              | AU        |     33610 | NS      | $462001.35    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Newmont Corp.                                  | Newmont Corp.                                                          | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      8091 | NS      | $909023.85    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Helvetia Baloise Holding AG                    | Helvetia Baloise Holding AG                                            | CUSIP: N/A<br>LEI: 529900SUJBXTORH0LT80       | Long             | EC               | CORP              | CH        |      1420 | NS      | $359477.39    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Telstra Group Ltd.                             | Telstra Group Ltd.                                                     | CUSIP: N/A<br>LEI: 894500WRW54CVN62K416       | Long             | EC               | CORP              | AU        |    241443 | NS      | $820468.71    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Trane Technologies plc                         | Trane Technologies plc                                                 | CUSIP: N/A<br>LEI: 549300BURLR9SLYY2705       | Long             | EC               | CORP              | IE        |      2751 | NS      | $1157015.58   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos., Inc. (The)                      | Williams Cos., Inc. (The)                                              | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |      7561 | NS      | $508552.86    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Co., Inc.                 | American Water Works Co., Inc.                                         | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |      2732 | NS      | $352783.16    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| VeriSign, Inc.                                 | VeriSign, Inc.                                                         | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |      1395 | NS      | $340700.85    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Great-West Lifeco, Inc.                        | Great-West Lifeco, Inc.                                                | CUSIP: 39138C106<br>LEI: 549300X81X4VZEESFU46 | Long             | EC               | CORP              | CA        |     14658 | NS      | $686153.50    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| W.W. Grainger, Inc.                            | W.W. Grainger, Inc.                                                    | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |       800 | NS      | $863952.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Nova Scotia (The)                      | Bank of Nova Scotia (The)                                              | CUSIP: 064149107<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | EC               | CORP              | CA        |     19316 | NS      | $1444107.37   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Cos., Inc. (The)                     | Travelers Cos., Inc. (The)                                             | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |      5330 | NS      | $1516438.30   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Enel SpA                                       | Enel SpA                                                               | CUSIP: N/A<br>LEI: WOCMU6HCI0OJWNPRZS33       | Long             | EC               | CORP              | IT        |     64680 | NS      | $713629.82    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Church & Dwight Co., Inc.                      | Church & Dwight Co., Inc.                                              | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |      4952 | NS      | $476630.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Liquide SA                                 | Air Liquide SA                                                         | CUSIP: N/A<br>LEI: 969500MMPQVHK671GT54       | Long             | EC               | CORP              | FR        |      1500 | NS      | $280821.27    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Veeva Systems, Inc.                            | Veeva Systems, Inc., Class A                                           | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |      2262 | NS      | $461267.04    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Aristocrat Leisure Ltd.                        | Aristocrat Leisure Ltd.                                                | CUSIP: N/A<br>LEI: 529900TE2HO3OZKYKC27       | Long             | EC               | CORP              | AU        |      8814 | NS      | $328731.40    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Wolters Kluwer NV                              | Wolters Kluwer NV                                                      | CUSIP: N/A<br>LEI: 724500TEM53I0U077B74       | Long             | EC               | CORP              | NL        |      4833 | NS      | $451887.47    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| General Dynamics Corp.                         | General Dynamics Corp.                                                 | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      5125 | NS      | $1799336.25   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| GEA Group AG                                   | GEA Group AG                                                           | CUSIP: N/A<br>LEI: 549300PHUU0ZZWO8EO07       | Long             | EC               | CORP              | DE        |      9706 | NS      | $694902.43    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Autodesk, Inc.                                 | Autodesk, Inc.                                                         | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |      1948 | NS      | $492590.76    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| TE Connectivity plc                            | TE Connectivity plc                                                    | CUSIP: N/A<br>LEI: 6367003TB6K484NFHE54       | Long             | EC               | CORP              | IE        |      2800 | NS      | $623784.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Sysco Corp.                                    | Sysco Corp.                                                            | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |      3847 | NS      | $322570.95    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesco plc                                      | Tesco plc                                                              | CUSIP: N/A<br>LEI: 2138002P5RNKC5W2JZ46       | Long             | EC               | CORP              | GB        |     99917 | NS      | $581339.50    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| FANUC Corp.                                    | FANUC Corp.                                                            | CUSIP: N/A<br>LEI: 529900QTSW745LOKW705       | Long             | EC               | CORP              | JP        |      9600 | NS      | $388875.68    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Iberdrola SA                                   | Iberdrola SA                                                           | CUSIP: N/A<br>LEI: 5QK37QC7NWOJ8D7WVQ45       | Long             | EC               | CORP              | ES        |     47505 | NS      | $1065667.74   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Consolidated Edison, Inc.                      | Consolidated Edison, Inc.                                              | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |      7600 | NS      | $810388.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co. (The)                             | Southern Co. (The)                                                     | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |      7103 | NS      | $634368.93    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI, Inc.                                     | MSCI, Inc.                                                             | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |       459 | NS      | $279631.98    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co. (The)                     | Sherwin-Williams Co. (The)                                             | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |      2900 | NS      | $1028456.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Fast Retailing Co. Ltd.                        | Fast Retailing Co. Ltd.                                                | CUSIP: N/A<br>LEI: 353800ZCXKHDPY0N5218       | Long             | EC               | CORP              | JP        |       800 | NS      | $303954.51    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Swiss Franc                                    | Swiss Franc                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | CH        |       999 | OU      | $1292.19      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva, Inc.                                  | Corteva, Inc.                                                          | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |      4190 | NS      | $305032.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global, Inc.                               | S&P Global, Inc.                                                       | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      1468 | NS      | $774795.72    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Japanese Yen                                   | Japanese Yen                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | JP        |    104312 | OU      | $674.02       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Eversource Energy                              | Eversource Energy                                                      | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |      5043 | NS      | $348622.59    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Wesfarmers Ltd.                                | Wesfarmers Ltd.                                                        | CUSIP: N/A<br>LEI: 5493003L32ZX9557ST85       | Long             | EC               | CORP              | AU        |     15570 | NS      | $903803.25    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Nasdaq, Inc.                                   | Nasdaq, Inc.                                                           | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |      3781 | NS      | $366341.09    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Otis Worldwide Corp.                           | Otis Worldwide Corp.                                                   | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |      7848 | NS      | $670376.16    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Darden Restaurants, Inc.                       | Darden Restaurants, Inc.                                               | CUSIP: 237194105<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | EC               | CORP              | US        |      2805 | NS      | $559176.75    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Intact Financial Corp.                         | Intact Financial Corp.                                                 | CUSIP: 45823T106<br>LEI: 5493009LXGE7Y4U9OY43 | Long             | EC               | CORP              | CA        |      4371 | NS      | $795809.94    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Hoya Corp.                                     | Hoya Corp.                                                             | CUSIP: N/A<br>LEI: 353800X4VR3BHEUCJB42       | Long             | EC               | CORP              | JP        |      2000 | NS      | $334324.11    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Broadcom, Inc.                                 | Broadcom, Inc.                                                         | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     10412 | NS      | $3449495.60   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Dollar                                | Canadian Dollar                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | CA        |     65245 | OU      | $47916.02     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp.                                 | McKesson Corp.                                                         | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      1267 | NS      | $1053143.07   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Stantec, Inc.                                  | Stantec, Inc.                                                          | CUSIP: 85472N109<br>LEI: 549300MZ7NGUZDCP2T16 | Long             | EC               | CORP              | CA        |      3784 | NS      | $374995.75    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies, Inc.                       | Roper Technologies, Inc.                                               | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |      1600 | NS      | $593968.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Osaka Gas Co. Ltd.                             | Osaka Gas Co. Ltd.                                                     | CUSIP: N/A<br>LEI: 353800024KMNOPQRWZ02       | Long             | EC               | CORP              | JP        |      8900 | NS      | $333203.67    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| ABB Ltd.                                       | ABB Ltd. (Registered)                                                  | CUSIP: N/A<br>LEI: 5493000LKVGOO9PELI61       | Long             | EC               | CORP              | CH        |     10619 | NS      | $915674.98    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Abbott Laboratories                            | Abbott Laboratories                                                    | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     13267 | NS      | $1450083.10   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Kao Corp.                                      | Kao Corp.                                                              | CUSIP: N/A<br>LEI: 353800HM38HFCB8RGL63       | Long             | EC               | CORP              | JP        |     14300 | NS      | $571593.43    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Meta Platforms, Inc.                           | Meta Platforms, Inc., Class A                                          | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      3741 | NS      | $2680426.50   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic plc                                  | Medtronic plc                                                          | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |      9934 | NS      | $1022804.64   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke Ahold Delhaize NV                  | Koninklijke Ahold Delhaize NV                                          | CUSIP: N/A<br>LEI: 724500C9GNBV20UYRX36       | Long             | EC               | CORP              | NL        |     10620 | NS      | $414914.22    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Costco Wholesale Corp.                         | Costco Wholesale Corp.                                                 | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      3501 | NS      | $3291815.25   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| East Japan Railway Co.                         | East Japan Railway Co.                                                 | CUSIP: N/A<br>LEI: 353800SENYJ2DSM6PS44       | Long             | EC               | CORP              | JP        |     13700 | NS      | $344624.58    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Loblaw Cos. Ltd.                               | Loblaw Cos. Ltd.                                                       | CUSIP: 539481101<br>LEI: 5493008LN3O1DIDTSH67 | Long             | EC               | CORP              | CA        |     17046 | NS      | $767016.80    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Swisscom AG                                    | Swisscom AG (Registered)                                               | CUSIP: N/A<br>LEI: 5493005SL9HHOXS3B739       | Long             | EC               | CORP              | CH        |       718 | NS      | $588387.56    | 0.21%             |  |  |  | No            |                  2 | On Loan: —       |
| Aon plc                                        | Aon plc, Class A                                                       | CUSIP: N/A<br>LEI: 635400FALWQYX5E6QC64       | Long             | EC               | CORP              | IE        |      2200 | NS      | $769208.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Willis Towers Watson plc                       | Willis Towers Watson plc                                               | CUSIP: N/A<br>LEI: 549300WHC56FF48KL350       | Long             | EC               | CORP              | IE        |       818 | NS      | $259690.46    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp.                            | Realty Income Corp.                                                    | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |      6057 | NS      | $370446.12    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| DBS Group Holdings Ltd.                        | DBS Group Holdings Ltd.                                                | CUSIP: N/A<br>LEI: 5493007FKT78NKPM5V55       | Long             | EC               | CORP              | SG        |     12100 | NS      | $563100.39    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| ITOCHU Corp.                                   | ITOCHU Corp.                                                           | CUSIP: N/A<br>LEI: J48DJYXDTLHM30UMYI18       | Long             | EC               | CORP              | JP        |     47500 | NS      | $604952.83    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper, Inc.                         | Keurig Dr Pepper, Inc.                                                 | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |     11401 | NS      | $312843.44    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Intesa Sanpaolo SpA                            | Intesa Sanpaolo SpA                                                    | CUSIP: N/A<br>LEI: 2W8N8UU78PMDQKZENC08       | Long             | EC               | CORP              | IT        |    102500 | NS      | $724859.31    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Insurance Australia Group Ltd.                 | Insurance Australia Group Ltd.                                         | CUSIP: N/A<br>LEI: 549300PFEWKNHRG25N08       | Long             | EC               | CORP              | AU        |     58770 | NS      | $311026.12    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc.          | Sumitomo Mitsui Financial Group, Inc.                                  | CUSIP: N/A<br>LEI: 35380028MYWPB6AUO129       | Long             | EC               | CORP              | JP        |      9000 | NS      | $318221.76    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Motorola Solutions, Inc.                       | Motorola Solutions, Inc.                                               | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |      3398 | NS      | $1367830.92   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Service Enterprise Group, Inc.          | Public Service Enterprise Group, Inc.                                  | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |     12100 | NS      | $996556.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP SE                                         | SAP SE                                                                 | CUSIP: N/A<br>LEI: 529900D6BF99LW9R2E68       | Long             | EC               | CORP              | DE        |      2331 | NS      | $471265.95    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| TC Energy Corp.                                | TC Energy Corp.                                                        | CUSIP: 87807B107<br>LEI: 549300UGKOFV2IWJJG27 | Long             | EC               | CORP              | CA        |      9944 | NS      | $583063.90    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Hong Kong Dollar                               | Hong Kong Dollar                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | HK        |     10000 | OU      | $1280.07      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Israeli Shekel                                 | Israeli Shekel                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | IL        |      5125 | OU      | $1653.37      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Prime Money Market Fund               | JPMorgan Prime Money Market Fund, IM Shares                            | CUSIP: 46637K844<br>LEI: 549300YD7H8SEEU7VG41 | Long             | STIV             | RF                | US        |   2266038 | NS      | $2266944.16   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| WSP Global, Inc.                               | WSP Global, Inc.                                                       | CUSIP: 92938W202<br>LEI: 549300IQ87LU6X6ERQ78 | Long             | EC               | CORP              | CA        |      2894 | NS      | $559459.20    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| W.R. Berkley Corp.                             | W.R. Berkley Corp.                                                     | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |      5400 | NS      | $370332.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                            | Cisco Systems, Inc.                                                    | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     19733 | NS      | $1545488.56   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Generali                                       | Generali                                                               | CUSIP: N/A<br>LEI: 549300X5UKJVE386ZB61       | Long             | EC               | CORP              | IT        |      8764 | NS      | $357257.33    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| PepsiCo, Inc.                                  | PepsiCo, Inc.                                                          | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     17114 | NS      | $2629223.82   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Bandai Namco Holdings, Inc.                    | Bandai Namco Holdings, Inc.                                            | CUSIP: N/A<br>LEI: 3538008EFEM34VRJDQ95       | Long             | EC               | CORP              | JP        |      9600 | NS      | $248746.45    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                           | JPMorgan Chase & Co.                                                   | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      4341 | NS      | $1327868.49   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Bank of Canada                           | Royal Bank of Canada                                                   | CUSIP: 780087102<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | EC               | CORP              | CA        |     16594 | NS      | $2762965.28   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Corp. of Canada                          | Power Corp. of Canada                                                  | CUSIP: 739239101<br>LEI: 549300BE2CB8T87IJV50 | Long             | EC               | CORP              | CA        |      9420 | NS      | $475064.37    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway, Inc.                       | Berkshire Hathaway, Inc., Class B                                      | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      3523 | NS      | $1692907.19   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US, Inc.                              | T-Mobile US, Inc.                                                      | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      3681 | NS      | $725930.01    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Japan Railway Co.                      | Central Japan Railway Co.                                              | CUSIP: N/A<br>LEI: 353800YAR3OVUITHTG64       | Long             | EC               | CORP              | JP        |     22900 | NS      | $637311.32    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| George Weston Ltd.                             | George Weston Ltd.                                                     | CUSIP: 961148509<br>LEI: 549300FAHC3L1QKNT280 | Long             | EC               | CORP              | CA        |      6300 | NS      | $439401.46    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices, Inc.                           | Analog Devices, Inc.                                                   | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |      1244 | NS      | $386734.72    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co.                          | Colgate-Palmolive Co.                                                  | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |     18509 | NS      | $1671177.61   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Cboe Global Markets, Inc.                      | Cboe Global Markets, Inc.                                              | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |      3189 | NS      | $845276.34    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| National Grid plc                              | National Grid plc                                                      | CUSIP: N/A<br>LEI: 8R95QZMKZLJX5Q2XR704       | Long             | EC               | CORP              | GB        |     26197 | NS      | $442527.09    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Roche Holding AG                               | Roche Holding AG                                                       | CUSIP: N/A<br>LEI: 549300U41AUUVOAAOB37       | Long             | EC               | CORP              | CH        |      1660 | NS      | $753071.60    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Allianz SE                                     | Allianz SE (Registered)                                                | CUSIP: N/A<br>LEI: 529900K9B0N5BT694847       | Long             | EC               | CORP              | DE        |      4423 | NS      | $1949274.17   | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Epiroc AB                                      | Epiroc AB, Class A                                                     | CUSIP: N/A<br>LEI: 5493004Q73OEYW1SPE91       | Long             | EC               | CORP              | SE        |     13403 | NS      | $375720.36    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Exelon Corp.                                   | Exelon Corp.                                                           | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |      8780 | NS      | $393168.40    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Seagate Technology Holdings plc                | Seagate Technology Holdings plc                                        | CUSIP: N/A<br>LEI: 635400RUXIFEZSRU8X70       | Long             | EC               | CORP              | IE        |      2705 | NS      | $1102801.45   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| SGS SA                                         | SGS SA (Registered)                                                    | CUSIP: N/A<br>LEI: 2138007JNS19JHNA2336       | Long             | EC               | CORP              | CH        |      2993 | NS      | $359291.64    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Australian Dollar                              | Australian Dollar                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | AU        |      1004 | OU      | $699.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| E.ON SE                                        | E.ON SE                                                                | CUSIP: N/A<br>LEI: Q9MAIUP40P25UFBFG033       | Long             | EC               | CORP              | DE        |     37794 | NS      | $800336.24    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Broadridge Financial Solutions, Inc.           | Broadridge Financial Solutions, Inc.                                   | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |      3747 | NS      | $738571.17    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp. (The)                     | Charles Schwab Corp. (The)                                             | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |      4646 | NS      | $482812.32    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Life Financial, Inc.                       | Sun Life Financial, Inc.                                               | CUSIP: 866796105<br>LEI: 549300V040JZX5S66Z78 | Long             | EC               | CORP              | CA        |     10300 | NS      | $649021.41    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics, Inc.                         | Verisk Analytics, Inc.                                                 | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |      2496 | NS      | $542780.16    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokio Marine Holdings, Inc.                    | Tokio Marine Holdings, Inc.                                            | CUSIP: N/A<br>LEI: 5299009QN2NZ191KLS29       | Long             | EC               | CORP              | JP        |      9600 | NS      | $355254.59    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Allegion plc                                   | Allegion plc                                                           | CUSIP: N/A<br>LEI: 984500560CAC2E6FB757       | Long             | EC               | CORP              | IE        |      5500 | NS      | $909645.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co. (The)                            | Coca-Cola Co. (The)                                                    | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     37911 | NS      | $2836121.91   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar, Inc.                              | Caterpillar, Inc.                                                      | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      2584 | NS      | $1698618.24   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies, Inc.                    | L3Harris Technologies, Inc.                                            | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |      1095 | NS      | $375420.75    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos., Inc.                    | Marsh & McLennan Cos., Inc.                                            | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |      2583 | NS      | $486094.77    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos., Inc. (The)                           | TJX Cos., Inc. (The)                                                   | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     17513 | NS      | $2623622.53   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow, Inc.                               | ServiceNow, Inc.                                                       | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      4065 | NS      | $475645.65    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial, Inc.                     | Ameriprise Financial, Inc.                                             | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      1500 | NS      | $790785.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Wheaton Precious Metals Corp.                  | Wheaton Precious Metals Corp.                                          | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |      8937 | NS      | $1177401.26   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities, Inc.                    | AvalonBay Communities, Inc.                                            | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |      2200 | NS      | $390874.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Geberit AG                                     | Geberit AG (Registered)                                                | CUSIP: N/A<br>LEI: 52990093Z5OHD6T7BS47       | Long             | EC               | CORP              | CH        |       619 | NS      | $472107.11    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Singapore Dollar                               | Singapore Dollar                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | SG        |      2000 | OU      | $1572.20      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurich Insurance Group AG                      | Zurich Insurance Group AG                                              | CUSIP: N/A<br>LEI: 529900QVNRBND50TXP03       | Long             | EC               | CORP              | CH        |      2143 | NS      | $1521902.85   | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui Fudosan Co. Ltd.                        | Mitsui Fudosan Co. Ltd.                                                | CUSIP: N/A<br>LEI: 353800ND4ZKNZDYKMF33       | Long             | EC               | CORP              | JP        |     26500 | NS      | $302654.11    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Montreal                               | Bank of Montreal                                                       | CUSIP: 063671101<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | EC               | CORP              | CA        |      2662 | NS      | $362394.84    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co. (The)                     | Procter & Gamble Co. (The)                                             | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     23892 | NS      | $3626088.84   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| UniCredit SpA                                  | UniCredit SpA                                                          | CUSIP: N/A<br>LEI: 549300TRUWO2CD2G5692       | Long             | EC               | CORP              | IT        |      4577 | NS      | $398491.73    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Agilent Technologies, Inc.                     | Agilent Technologies, Inc.                                             | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |      2904 | NS      | $388700.40    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Restaurant Brands International, Inc.          | Restaurant Brands International, Inc.                                  | CUSIP: 76131D103<br>LEI: 5299009RXTX9DN9AKJ98 | Long             | EC               | CORP              | CA        |      4843 | NS      | $324432.57    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Secom Co. Ltd.                                 | Secom Co. Ltd.                                                         | CUSIP: N/A<br>LEI: 529900TYCL9N3E9PGE47       | Long             | EC               | CORP              | JP        |      7600 | NS      | $277903.85    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Dollarama, Inc.                                | Dollarama, Inc.                                                        | CUSIP: 25675T107<br>LEI: 5493002GJ0NJP1HI0C79 | Long             | EC               | CORP              | CA        |      5463 | NS      | $736210.11    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications, Inc.                   | Verizon Communications, Inc.                                           | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     29361 | NS      | $1307151.72   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| ACS Actividades de Construccion y Servicios SA | ACS Actividades de Construccion y Servicios SA                         | CUSIP: N/A<br>LEI: 95980020140005558665       | Long             | EC               | CORP              | ES        |      3575 | NS      | $401091.32    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Amgen, Inc.                                    | Amgen, Inc.                                                            | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |      2199 | NS      | $751794.12    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Otsuka Holdings Co. Ltd.                       | Otsuka Holdings Co. Ltd.                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      4600 | NS      | $274674.33    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Paychex, Inc.                                  | Paychex, Inc.                                                          | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |      4091 | NS      | $421904.83    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                                | Microsoft Corp.                                                        | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     22512 | NS      | $9686688.48   | 3.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly-Clark Corp.                           | Kimberly-Clark Corp.                                                   | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |      7964 | NS      | $796320.36    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinor ASA                                    | Equinor ASA                                                            | CUSIP: N/A<br>LEI: OW6OFBNCKXC4US5C7523       | Long             | EC               | CORP              | NO        |     26389 | NS      | $704218.16    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp. (The)            | Bank of New York Mellon Corp. (The)                                    | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |      7700 | NS      | $923384.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp.                                      | CDW Corp.                                                              | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |      1993 | NS      | $251895.27    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SoftBank Corp.                                 | SoftBank Corp.                                                         | CUSIP: N/A<br>LEI: 353800M1YCTS9JRBJ535       | Long             | EC               | CORP              | JP        |    391000 | NS      | $528036.96    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| NTT, Inc.                                      | NTT, Inc.                                                              | CUSIP: N/A<br>LEI: 353800VHQU5VIXVUA841       | Long             | EC               | CORP              | JP        |    262500 | NS      | $262737.46    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Fresenius SE & Co. KGaA                        | Fresenius SE & Co. KGaA                                                | CUSIP: N/A<br>LEI: XDFJ0CYCOO1FXRFTQS51       | Long             | EC               | CORP              | DE        |      5720 | NS      | $320093.34    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| AIA Group Ltd.                                 | AIA Group Ltd.                                                         | CUSIP: N/A<br>LEI: ZP5ILWVSYE4LJGMMVD57       | Long             | EC               | CORP              | HK        |     31200 | NS      | $360840.24    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Honeywell International, Inc.                  | Honeywell International, Inc.                                          | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |      5234 | NS      | $1190839.68   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Woolworths Group Ltd.                          | Woolworths Group Ltd.                                                  | CUSIP: N/A<br>LEI: QNWEWQBS7HP85QHXQL92       | Long             | EC               | CORP              | AU        |     18481 | NS      | $398174.42    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Kone OYJ                                       | Kone OYJ, Class B                                                      | CUSIP: N/A<br>LEI: 2138001CNF45JP5XZK38       | Long             | EC               | CORP              | FI        |      4544 | NS      | $326513.29    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Nestle SA                                      | Nestle SA (Registered)                                                 | CUSIP: N/A<br>LEI: KY37LUS27QQX7BB93L28       | Long             | EC               | CORP              | CH        |      6870 | NS      | $652563.35    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Coles Group Ltd.                               | Coles Group Ltd.                                                       | CUSIP: N/A<br>LEI: 549300OHQRG2HN8LZ793       | Long             | EC               | CORP              | AU        |     43938 | NS      | $651087.70    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| RTX Corp.                                      | RTX Corp.                                                              | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |      6260 | NS      | $1257821.80   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| STERIS plc                                     | STERIS plc                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IE        |      1185 | NS      | $311181.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare, Inc.                           | HCA Healthcare, Inc.                                                   | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |      1807 | NS      | $882303.89    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab, Inc.                                   | Ecolab, Inc.                                                           | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |      5697 | NS      | $1606497.03   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International, Inc.                   | Mondelez International, Inc., Class A                                  | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |     15006 | NS      | $877400.82    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Enbridge, Inc.                                 | Enbridge, Inc.                                                         | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |     23766 | NS      | $1160155.71   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Nordea Bank Abp                                | Nordea Bank Abp                                                        | CUSIP: N/A<br>LEI: 529900ODI3047E2LIV03       | Long             | EC               | CORP              | FI        |     13972 | NS      | $269636.46    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Union Pacific Corp.                            | Union Pacific Corp.                                                    | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |      6189 | NS      | $1455033.90   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC Energy Group, Inc.                         | WEC Energy Group, Inc.                                                 | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |      2790 | NS      | $308769.30    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Oriental Land Co. Ltd.                         | Oriental Land Co. Ltd.                                                 | CUSIP: N/A<br>LEI: 353800PIFKBZ6KTU5994       | Long             | EC               | CORP              | JP        |     20400 | NS      | $357158.18    | 0.13%             |  |  |  | No            |                  2 | On Loan: —       |
| Daikin Industries Ltd.                         | Daikin Industries Ltd.                                                 | CUSIP: N/A<br>LEI: 549300Y7FWSTSHMW5Y57       | Long             | EC               | CORP              | JP        |      2700 | NS      | $324240.76    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Baker Hughes Co.                               | Baker Hughes Co.                                                       | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6002 | NS      | $336352.08    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings, Inc.                         | Booking Holdings, Inc.                                                 | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       214 | NS      | $1070393.76   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp, Inc.                                   | NetApp, Inc.                                                           | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |      2900 | NS      | $279415.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra                                         | Sempra                                                                 | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |     10912 | NS      | $949453.12    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co.                             | Tractor Supply Co.                                                     | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |      7000 | NS      | $356160.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Hershey Co. (The)                              | Hershey Co. (The)                                                      | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |      3500 | NS      | $681625.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Fujitsu Ltd.                                   | Fujitsu Ltd.                                                           | CUSIP: N/A<br>LEI: 3538000246DHJLRTUZ24       | Long             | EC               | CORP              | JP        |     15600 | NS      | $431731.71    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Tyler Technologies, Inc.                       | Tyler Technologies, Inc.                                               | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Long             | EC               | CORP              | US        |       601 | NS      | $222009.40    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| AltaGas Ltd.                                   | AltaGas Ltd.                                                           | CUSIP: 021361100<br>LEI: 2549008X5V70MOS4HM10 | Long             | EC               | CORP              | CA        |     11477 | NS      | $346168.54    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group, Inc.             | American International Group, Inc.                                     | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |      4550 | NS      | $340704.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Heidelberg Materials AG                        | Heidelberg Materials AG                                                | CUSIP: N/A<br>LEI: LZ2C6E0W5W7LQMX5ZI37       | Long             | EC               | CORP              | DE        |      1221 | NS      | $334763.35    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Gilead Sciences, Inc.                          | Gilead Sciences, Inc.                                                  | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      6013 | NS      | $853545.35    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp.                              | Duke Energy Corp.                                                      | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |      6042 | NS      | $733196.70    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Givaudan SA                                    | Givaudan SA (Registered)                                               | CUSIP: N/A<br>LEI: 213800SVRMQA1TD91D41       | Long             | EC               | CORP              | CH        |       154 | NS      | $595242.22    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Thermo Fisher Scientific, Inc.                 | Thermo Fisher Scientific, Inc.                                         | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |       651 | NS      | $376675.11    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Empire Co. Ltd.                                | Empire Co. Ltd., Class A                                               | CUSIP: 291843407<br>LEI: 549300TX0ZUSTEF7C719 | Long             | EC               | CORP              | CA        |      9205 | NS      | $300692.84    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CaixaBank SA                                   | CaixaBank SA                                                           | CUSIP: N/A<br>LEI: 7CUNS533WID6K7DGFI87       | Long             | EC               | CORP              | ES        |     30066 | NS      | $397550.07    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Telekom AG                            | Deutsche Telekom AG (Registered)                                       | CUSIP: N/A<br>LEI: 549300V9QSIG4WX4GJ96       | Long             | EC               | CORP              | DE        |     16051 | NS      | $535963.91    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Novartis AG                                    | Novartis AG (Registered)                                               | CUSIP: N/A<br>LEI: 5493007HIVTX6SY6XD66       | Long             | EC               | CORP              | CH        |     10826 | NS      | $1605169.29   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| O'Reilly Automotive, Inc.                      | O'Reilly Automotive, Inc.                                              | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |     11177 | NS      | $1099928.57   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Sompo Holdings, Inc.                           | Sompo Holdings, Inc.                                                   | CUSIP: N/A<br>LEI: 353800CWW4SRGEYEB512       | Long             | EC               | CORP              | JP        |     10600 | NS      | $364109.59    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Visa, Inc.                                     | Visa, Inc., Class A                                                    | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      9578 | NS      | $3082487.74   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp.                          | Parker-Hannifin Corp.                                                  | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |       898 | NS      | $840384.32    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Illinois Tool Works, Inc.                      | Illinois Tool Works, Inc.                                              | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |      4800 | NS      | $1254048.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp.                               | McDonald's Corp.                                                       | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |      2871 | NS      | $904365.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Software, Inc.                   | Constellation Software, Inc.                                           | CUSIP: 21037X100<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |       238 | NS      | $439235.10    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Essity AB                                      | Essity AB, Class B                                                     | CUSIP: N/A<br>LEI: 549300G8E6YUVJ1DA153       | Long             | EC               | CORP              | SE        |      9638 | NS      | $284784.91    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| GE Aerospace                                   | GE Aerospace                                                           | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |      3235 | NS      | $992465.65    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan, Inc.                            | Kinder Morgan, Inc.                                                    | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |     11611 | NS      | $354019.39    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Singapore Technologies Engineering Ltd.        | Singapore Technologies Engineering Ltd.                                | CUSIP: N/A<br>LEI: 254900OEXGGWCR24DG90       | Long             | EC               | CORP              | SG        |     69900 | NS      | $538495.40    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Aflac, Inc.                                    | Aflac, Inc.                                                            | CUSIP: 001055102<br>LEI: 549300N0B7DOGLXWPP39 | Long             | EC               | CORP              | US        |      5945 | NS      | $659597.75    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings, Inc.                          | Leidos Holdings, Inc.                                                  | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |      2034 | NS      | $382961.52    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Anheuser-Busch InBev SA/NV                     | Anheuser-Busch InBev SA/NV                                             | CUSIP: N/A<br>LEI: 5493008H3828EMEXB082       | Long             | EC               | CORP              | BE        |      7233 | NS      | $515104.08    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Yum! Brands, Inc.                              | Yum! Brands, Inc.                                                      | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |      5011 | NS      | $779210.50    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Tryg A/S                                       | Tryg A/S                                                               | CUSIP: N/A<br>LEI: 213800ZRS8AC4LSTCE39       | Long             | EC               | CORP              | DK        |     17644 | NS      | $428753.39    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Accenture plc                                  | Accenture plc, Class A                                                 | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |      6629 | NS      | $1747669.56   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co.                                   | Fastenal Co.                                                           | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |     24884 | NS      | $1078970.24   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies, Inc.                        | Dell Technologies, Inc., Class C                                       | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |      2845 | NS      | $325581.80    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnum Ice Cream Co. NV (The)                  | Magnum Ice Cream Co. NV (The)                                          | CUSIP: N/A<br>LEI: 25490052LLF3XH6G9847       | Long             | EC               | CORP              | NL        |      1057 | NS      | $18766.35     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| QUALCOMM, Inc.                                 | QUALCOMM, Inc.                                                         | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      5299 | NS      | $803275.41    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Nordea Bank Abp                                | Nordea Bank Abp                                                        | CUSIP: N/A<br>LEI: 529900ODI3047E2LIV03       | Long             | EC               | CORP              | FI        |     23265 | NS      | $449921.50    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| L'Oreal SA                                     | L'Oreal SA                                                             | CUSIP: N/A<br>LEI: 529900JI1GG6F7RKVI53       | Long             | EC               | CORP              | FR        |      1418 | NS      | $650479.78    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| EURO                                           | EURO                                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | XX        |      1008 | OU      | $1195.38      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| British Pound                                  | British Pound                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | GB        |      1000 | OU      | $1368.35      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp.                           | American Tower Corp.                                                   | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |      1895 | NS      | $339735.60    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| TMX Group Ltd.                                 | TMX Group Ltd.                                                         | CUSIP: 87262K105<br>LEI: 549300N65GFVKSHGJW59 | Long             | EC               | CORP              | CA        |      9500 | NS      | $350725.22    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora, Inc.                                  | Cencora, Inc.                                                          | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      3170 | NS      | $1138727.40   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp.                          | Lockheed Martin Corp.                                                  | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |      1904 | NS      | $1207554.88   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Suncor Energy, Inc.                            | Suncor Energy, Inc.                                                    | CUSIP: 867224107<br>LEI: 894500XO86FKXQGPYV71 | Long             | EC               | CORP              | CA        |      7883 | NS      | $416655.90    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR Group, Inc.                              | EMCOR Group, Inc.                                                      | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |       483 | NS      | $348112.59    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Swiss Re AG                                    | Swiss Re AG                                                            | CUSIP: N/A<br>LEI: 529900PS9YW3YY29F326       | Long             | EC               | CORP              | CH        |      2453 | NS      | $391724.79    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Bridgestone Corp.                              | Bridgestone Corp.                                                      | CUSIP: N/A<br>LEI: 549300DHPOF90OYYD780       | Long             | EC               | CORP              | JP        |     18000 | NS      | $405337.30    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Salesforce, Inc.                               | Salesforce, Inc.                                                       | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      4811 | NS      | $1021327.19   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Electric Corp.                      | Mitsubishi Electric Corp.                                              | CUSIP: N/A<br>LEI: 549300TRXM9Y6561AX39       | Long             | EC               | CORP              | JP        |     11700 | NS      | $365152.49    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Hannover Rueck SE                              | Hannover Rueck SE                                                      | CUSIP: N/A<br>LEI: 529900KIN5BE45V5KB18       | Long             | EC               | CORP              | DE        |      2056 | NS      | $581974.61    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce             | Canadian Imperial Bank of Commerce                                     | CUSIP: 136069101<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | EC               | CORP              | CA        |     14014 | NS      | $1295135.87   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Singapore Exchange Ltd.                        | Singapore Exchange Ltd.                                                | CUSIP: N/A<br>LEI: 549300IQ650PPXM76X03       | Long             | EC               | CORP              | SG        |     24100 | NS      | $334001.26    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| DNB Bank ASA                                   | DNB Bank ASA                                                           | CUSIP: N/A<br>LEI: 549300GKFG0RYRRQ1414       | Long             | EC               | CORP              | NO        |     18395 | NS      | $528518.41    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| MTU Aero Engines AG                            | MTU Aero Engines AG                                                    | CUSIP: N/A<br>LEI: 529900807L67JY81RD65       | Long             | EC               | CORP              | DE        |       840 | NS      | $372887.40    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Murata Manufacturing Co. Ltd.                  | Murata Manufacturing Co. Ltd.                                          | CUSIP: N/A<br>LEI: 529900QZG6DL8ZRI7140       | Long             | EC               | CORP              | JP        |     15900 | NS      | $322191.78    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Zoetis, Inc.                                   | Zoetis, Inc.                                                           | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |      5625 | NS      | $702112.50    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks, Inc.                       | Palo Alto Networks, Inc.                                               | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |      1777 | NS      | $314475.69    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix, Inc.                                  | Equinix, Inc.                                                          | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |       371 | NS      | $304565.03    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Henkel AG & Co. KGaA                           | Henkel AG & Co. KGaA (Preference)                                      | CUSIP: N/A<br>LEI: 549300VZCL1HTH4O4Y49       | Long             | EC               | CORP              | DE        |      7013 | NS      | $616481.66    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| eBay, Inc.                                     | eBay, Inc.                                                             | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |      3013 | NS      | $274845.86    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corp.                                   | Cintas Corp.                                                           | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6185 | NS      | $1183747.15   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde plc                                      | Linde plc                                                              | CUSIP: N/A<br>LEI: 5299003QR1WT0EF88V51       | Long             | EC               | CORP              | IE        |      5380 | NS      | $2458498.60   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-02

**Name of Applicant:** 1290 Funds

**Signature:** James Kelly

**Name of Signer:** James Kelly

**Title:** Treasurer