# EDGAR Filing Document

**Accession Number:** 0001126087
**File Stem:** 0001752724-25-207166
**Filing Date:** 2025-8
**Character Count:** 12250
**Document Hash:** f3153f893ca5708aa8b588e20c0e8531
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-207166.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001752724-25-207166

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Brighthouse Funds Trust I
- **CENTRAL INDEX KEY:** 0001126087

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-10183
- **FILM NUMBER:** 251260877

**BUSINESS ADDRESS:**
- **STREET 1:** BRIGHTHOUSE INVESTMENT ADVISERS, LLC
- **STREET 2:** 11225 NORTH COMMUNITY HOUSE RD
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28277
- **BUSINESS PHONE:** 9809495121

**MAIL ADDRESS:**
- **STREET 1:** BRIGHTHOUSE INVESTMENT ADVISERS, LLC
- **STREET 2:** 11225 NORTH COMMUNITY HOUSE RD
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28277

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MET INVESTORS SERIES TRUST
- **DATE OF NAME CHANGE:** 20001010

## Series and Classes Contracts Data

### MetLife Multi-Index Targeted Risk Portfolio (Series ID: S000038859)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000119619 | Class B      |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Brighthouse Funds Trust I

- **b. Investment Company Act file number:** 811-10183

- **c. CIK number of Registrant:** 0001126087

- **d. LEI of Registrant:** 549300LQX1AREJYGF247

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

  - **Street Address 1:** Brighthouse Investment Advisers, LLC

  - **City:** Charlotte

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 28277

  - **Telephone number:** 980-949-5089

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

- **a. Name of Series:** MetLife Multi-Index Targeted Risk Portfolio

- **b. EDGAR series identifier (if any):** S000038859

- **c. LEI of Series:** 549300L0OKDXK610YX65

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $5395005574.27

**Total Liabilities:** $2170369.88

**Net Assets:** $5392835204.39

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000119619 | -2.58%               | 0.76%                | 2.65%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-9015243.58             | $29158147.90                               |
| Month 2  | $13379121.49             | $70432305.52                               |
| Month 3  | $2295437.05              | $-75392466.97                              |

**Designated Index Information**

- **Index Name:** 28% S&P 500  9% S&P 400 5% S&P 600 18% MSCI EAFE 40% Bloomberg US Aggregate

- **Index Identifier:** 28%SPX 9%MID 5%SML 18%MXEA 40%LBUSTRUU

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| United States Treasury      | U.S. Treasury Bills                                  | CUSIP: 912797QC4<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        | 240575000 | PA      | $239798476.83  | 4.45%             | 2025-07-29      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury      | U.S. Treasury Bills                                  | CUSIP: 912797MG9<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        | 175370000 | PA      | $174603861.08  | 3.24%             | 2025-08-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury      | U.S. Treasury Bills                                  | CUSIP: 912797PU5<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  10000000 | PA      | $10000000.00   | 0.19%             | 2025-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange | S+P500 EMINI FUT SEP25                               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |       754 | NC      | $8341490.01    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR II       | BRIGHTHOUSE FDS TR II METLIFE STK INDEX PORTFOLIO CL | CUSIP: 10923P438<br>LEI: 549300CG70DQZXWOFG62 | Long             | EC               | RF                | US        |  13441033 | NS      | $901490076.54  | 16.72%            |  |  |  | No            |                  1 | On Loan: No      |
| LCH Ltd.                    | CCPOIS--USD-SOFR-OIS COMPOUND-20350711               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        | 255000000 | OU      | $1941784.03    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| United States Treasury      | U.S. Treasury Bills                                  | CUSIP: 912797PF8<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        | 246860000 | PA      | $246203112.95  | 4.57%             | 2025-07-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                    | CCPOIS---USD-SOFR-COMPOUND---20350520                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        | 255000000 | OU      | $9203927.21    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                    | CCPOIS--USD-SOFR-COMPOUND-20350816                   | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        | 255000000 | OU      | $5420422.54    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| BRIGHTHOUSE FDS TR II       | BRIGHTHOUSE FDS TR II METLIFE MID CAP STK INDEX PORT | CUSIP: 10923P479<br>LEI: 549300J2UIY0PEHLL365 | Long             | EC               | RF                | US        |  16057964 | NS      | $263511188.45  | 4.89%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR II       | BRIGHTHOUSE FDS TR II METLIFE MSCI EAFE INDEX        | CUSIP: 10923P289<br>LEI: 549300NQ7X2WD9TI7013 | Long             | EC               | RF                | US        |  35634831 | NS      | $612919088.57  | 11.37%            |  |  |  | No            |                  1 | On Loan: No      |
| ICE Futures U.S., Inc.      | MSCI EAFE SEP25                                      | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DE               |  | US        |      1127 | NC      | $1224635.84    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| LCH Ltd.                    | FSWP: OIS 3.870000 20-09-2035 SOF 3.87000            | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        | 255000000 | OU      | $3968918.37    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                    | BME6YBGW4_20350614                                   | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        | 255000000 | OU      | $4510948.83    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Fixed Income Clearing Corp  | FIXED INC CLEARING CORP.REPO                         | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |     12124 | PA      | $12123.51      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States Treasury      | U.S. Treasury Bills                                  | CUSIP: 912797QA8<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        | 203550000 | PA      | $203221295.25  | 3.77%             | 2025-07-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                    | BME6U02K3_20350423                                   | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        | 255000000 | OU      | $9424902.66    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| BRIGHTHOUSE FDS TR II       | BRIGHTHOUSE FDS TR II METLIFE AGGREGATE BD INDEX POR | CUSIP: 10923P404<br>LEI: 549300NRL8B3H8T0W741 | Long             | EC               | RF                | US        | 230464725 | NS      | $2184805592.40 | 40.51%            |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury      | U.S. Treasury Bills                                  | CUSIP: 912797QB6<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        | 194235000 | PA      | $193763430.44  | 3.59%             | 2025-07-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange | S+P MID 400 EMINI SEP25                              | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |       233 | NC      | $2200266.97    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange | E-MINI RUSS 2000 SEP25                               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |       378 | NC      | $1379964.60    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury      | U.S. Treasury Bills                                  | CUSIP: 912797PY7<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        | 199040000 | PA      | $197047721.06  | 3.65%             | 2025-09-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BRIGHTHOUSE FDS TR II       | BRIGHTHOUSE FDS TR II METLIFE RUSSELL 2000           | CUSIP: 10923P214<br>LEI: 549300150CXK26R8Z865 | Long             | EC               | RF                | US        |   9490662 | NS      | $160771822.77  | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-15

**Name of Applicant:** Brighthouse Funds Trust I

**Signature:** Alan Otis

**Name of Signer:** Alan Otis

**Title:** Treasurer