# EDGAR Filing Document

**Accession Number:** 0000710826
**File Stem:** 0001752724-23-043968
**Filing Date:** 2023-2
**Character Count:** 16746
**Document Hash:** 64510923f3d113a8e2909adfaa7e5d08
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-043968.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001752724-23-043968

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Brighthouse Funds Trust II
- **CENTRAL INDEX KEY:** 0000710826
- **IRS NUMBER:** 833164113
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03618
- **FILM NUMBER:** 23678634

**BUSINESS ADDRESS:**
- **STREET 1:** BRIGHTHOUSE INVESTMENT ADVISERS, LLC
- **STREET 2:** 125 HIGH STREET, SUITE 732
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110
- **BUSINESS PHONE:** 980-949-5121

**MAIL ADDRESS:**
- **STREET 1:** BRIGHTHOUSE INVESTMENT ADVISERS, LLC
- **STREET 2:** 125 HIGH STREET, SUITE 732
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** METROPOLITAN SERIES FUND
- **DATE OF NAME CHANGE:** 20120430

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** METROPOLITAN SERIES FUND INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Brighthouse Asset Allocation 40 Portfolio (Series ID: S000006514)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000017809 | Class A      |  |
| C000017810 | 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 II

- **b. Investment Company Act file number:** 811-03618

- **c. CIK number of Registrant:** 0000710826

- **d. LEI of Registrant:** 549300NPPA08K2CWOV06

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

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

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02110

  - **Telephone number:** 980-949-4301

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

- **a. Name of Series:** Brighthouse Asset Allocation 40 Portfolio

- **b. EDGAR series identifier (if any):** S000006514

- **c. LEI of Series:** 5493006I881CWSY5KC46

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $3783838004.40

**Total Liabilities:** $1280667.93

**Net Assets:** $3782557336.47

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000017810 | 2.58%                | 5.14%                | -1.98%               |
| Class ID C000017809 | 2.55%                | 5.18%                | -1.95%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-8826644.01             | $104505307.72                              |
| Month 2  | $-1064362.06             | $196208146.22                              |
| Month 3  | $-7962956.11             | $-69267552.79                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BRIGHTHOUSE FDS TR I  | BRIGHTHOUSE FDS TR I BLACKROCK HIGH YIELD PORT CL A    | CUSIP: 10923M849<br>LEI: M0E4486GHQ4I64CULY35 | Long             | EC               | RF                | US        |   2761685 | NS      | $18972775.13  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR I  | BRIGHTHOUSE FDS TR I BRIGHTHOUSE/TEMPLETON INTL BD     | CUSIP: 10923M450<br>LEI: 549300RNF5NX161HZ494 | Long             | EC               | RF                | US        |  12721830 | NS      | $96304251.41  | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR II | BRIGHTHOUSE FDS TR II BLACKROCK BD INCOME PORTFOLIO    | CUSIP: 10923P800<br>LEI: RQ2HPSR0HMOOPNZQJY98 | Long             | EC               | RF                | US        |   4021910 | NS      | $361891446.86 | 9.57%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR II | BRIGHTHOUSE FDS TR II BRIGHTHOUSE/ARTISAN MID CAP VA   | CUSIP: 10923P628<br>LEI: 549300CV1PQXITIUR832 | Long             | EC               | RF                | US        |     43844 | NS      | $9305869.26   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR I  | BRIGHTHOUSE FDS TR I TCW CORE FIXED INCOME PORT CL     | CUSIP: 10923M120<br>LEI: 5493008SZXD1WBYIP018 | Long             | EC               | RF                | US        |  31766655 | NS      | $275734565.70 | 7.29%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR I  | BRIGHTHOUSE FDS TR I BRIGHTHOUSE/EATON VANCE FLTG R    | CUSIP: 10923M492<br>LEI: 549300DRYEZRS9FSUN68 | Long             | EC               | RF                | US        |   8015404 | NS      | $75905878.87  | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR II | BRIGHTHOUSE FDS TR II WESTN ASSET MGMT STRATEGIC BD    | CUSIP: 10923R707<br>LEI: 549300FA3RFIWG5VDH47 | Long             | EC               | RF                | US        |  14201445 | NS      | $152381502.81 | 4.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR I  | BRIGHTHOUSE FDS TR I Invesco GLOBAL EQUITY PORT        | CUSIP: 10923M294<br>LEI: 549300KIRHW1PYYOQ328 | Long             | EC               | RF                | US        |   1980614 | NS      | $37314771.90  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR II | BRIGHTHOUSE FDS TR II T ROWE SMALL CAP GROWTH PORTFO   | CUSIP: 10923R103<br>LEI: 5493001UT31CDHICVF53 | Long             | EC               | RF                | US        |   2802999 | NS      | $47006287.60  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR I  | BRIGHTHOUSE FDS TR I HARRIS OAKMARK INTL PORT CL A     | CUSIP: 10923M732<br>LEI: 549300NRTGRK1E5R4T11 | Long             | EC               | RF                | US        |   9304267 | NS      | $104486916.11 | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR II | BRIGHTHOUSE FDS TR II BAILLIE GIFFORD INTL STK PORTF   | CUSIP: 10923P107<br>LEI: 549300EXGFFCPABDPG67 | Long             | EC               | RF                | US        |  11598720 | NS      | $103692553.52 | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR I  | BRIGHTHOUSE FDS TR I PIMCO INFLATION PROTECTED BD P    | CUSIP: 10923M252<br>LEI: FREHSUZCHJI3D2JRSZ18 | Long             | EC               | RF                | US        |  24302479 | NS      | $227957248.96 | 6.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR I  | BRIGHTHOUSE FDS TR I JPMORGAN SMALL CAP VALUE PORT     | CUSIP: 10923M567<br>LEI: 5493006A0HRZ7WC76802 | Long             | EC               | RF                | US        |   2517952 | NS      | $27823368.93  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR I  | BRIGHTHOUSE FDS TR I T ROWE PRICE MID CAP GROWTH PO    | CUSIP: 10923N706<br>LEI: 549300S8CGWN7CU81X65 | Long             | EC               | RF                | US        |   2261631 | NS      | $18816768.15  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR II | BRIGHTHOUSE FDS TR II MFS VALUE PORTFOLIO CL A         | CUSIP: 10923P339<br>LEI: 549300CWENUJR9J33L67 | Long             | EC               | RF                | US        |   9602035 | NS      | $143166349.04 | 3.78%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR I  | BRIGHTHOUSE FDS TR I AB INTL BD PORTFOLIO CL A         | CUSIP: 10923N821<br>LEI: 549300OD7OEG1Q12BR56 | Long             | EC               | RF                | US        |  17349303 | NS      | $133589635.61 | 3.53%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR II | BRIGHTHOUSE FDS TR II WESTN ASSET MGMT U S GOVT PORT   | CUSIP: 10923R871<br>LEI: 549300EGJ01DADX3JK13 | Long             | EC               | RF                | US        |  29657861 | NS      | $305179392.69 | 8.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR II | BRIGHTHOUSE FDS TR II JENNISON GROWTH PORTFOLIO CL A   | CUSIP: 10923P727<br>LEI: 549300N8ZTY0RIVN0V71 | Long             | EC               | RF                | US        |   4567539 | NS      | $42706490.26  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR I  | BRIGHTHOUSE FDS TR I LOOMIS SAYLES GROWTH              | CUSIP: 10923M781<br>LEI: 5493009IFP1YZVHNOU74 | Long             | EC               | RF                | US        |   3418607 | NS      | $36886767.64  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR I  | BRIGHTHOUSE FDS TR I SSGA EMERGING MKTS ENHANCED IN    | CUSIP: 10923N797<br>LEI: 549300J4K1MGLXOCFQ21 | Long             | EC               | RF                | US        |   3189202 | NS      | $28543361.25  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR I  | BRIGHTHOUSE FDS TR I T ROWE PRICE LARGE CAP VALUE P    | CUSIP: 10923N409<br>LEI: 549300E6D9O3WK7XB555 | Long             | EC               | RF                | US        |   4644625 | NS      | $133625875.32 | 3.53%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR I  | BRIGHTHOUSE FDS TR I BRIGHTHOUSE/ARTISAN INTL PORT     | CUSIP: 10923M526<br>LEI: 549300YQ77TL56U43K12 | Long             | EC               | RF                | US        |   7299340 | NS      | $66715971.44  | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR I  | BRIGHTHOUSE FDS TR I CBRE GLOBAL REAL ESTATE PORTFOLIO | CUSIP: 10923M823<br>LEI: 549300XU5EXVWRECLR63 | Long             | EC               | RF                | US        |   2967821 | NS      | $28491080.27  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR I  | BRIGHTHOUSE FDS TR I JPMORGAN CORE BD PORT CL A        | CUSIP: 10923M591<br>LEI: 549300RFR6ICLKM2UT36 | Long             | EC               | RF                | US        |  16182212 | NS      | $142888934.03 | 3.78%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR I  | BRIGHTHOUSE FDS TR I PIMCO TOTAL RETURN PORT CL A      | CUSIP: 10923M229<br>LEI: TY07AK2IOS83GROMUB16 | Long             | EC               | RF                | US        |  35613149 | NS      | $343310752.78 | 9.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR I  | BRIGHTHOUSE FDS TR I INVESCO SMALL CAP GROWTH PORT     | CUSIP: 10923M633<br>LEI: 549300DZ0NKQ9F4PE205 | Long             | EC               | RF                | US        |   2531107 | NS      | $18477079.03  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR II | BRIGHTHOUSE FDS TR II BLACKROCK CAP APPRECIATION POR   | CUSIP: 10923P867<br>LEI: 549300YBSHKU56M30Y77 | Long             | EC               | RF                | US        |   2495314 | NS      | $61609306.29  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR I  | BRIGHTHOUSE FDS TR I BRIGHTHOUSE/ABRDN EMERGING        | CUSIP: 10923M385<br>LEI: 5493008TWVTFRH31GQ94 | Long             | EC               | RF                | US        |   3394207 | NS      | $28443453.70  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR I  | BRIGHTHOUSE FDS TR I BRIGHTHOUSE/FRANKLIN LOW DURAT    | CUSIP: 10923M476<br>LEI: 549300HDUGIR8TU0PL77 | Long             | EC               | RF                | US        |  13240481 | NS      | $114132943.37 | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR II | BRIGHTHOUSE FDS TR II LOOMIS SAYLES SMALL CAP GROWTH   | CUSIP: 10923P651<br>LEI: 549300Y2C11SQV0UMQ36 | Long             | EC               | RF                | US        |    993358 | NS      | $9426963.48   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR I  | BRIGHTHOUSE FDS TR I SMALL CAP VALUE PORT CL A         | CUSIP: 10923N870<br>LEI: 54930054OC3Q44IGVC35 | Long             | EC               | RF                | US        |   3450113 | NS      | $46921541.37  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR I  | BRIGHTHOUSE FDS TR I Allspring MID CAP VALUE PORTFOLIO | CUSIP: 10923M757<br>LEI: 549300S6GMZONUM3VW13 | Long             | EC               | RF                | US        |    791346 | NS      | $9527809.44   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR II | BRIGHTHOUSE FDS TR II VAN ECK GLOBAL  NAT RES PORTFO   | CUSIP: 10923R509<br>LEI: 84OXE86TSHVRE27KZR34 | Long             | EC               | RF                | US        |   5750883 | NS      | $73093723.49  | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR I  | BRIGHTHOUSE FDS TR I MFS RESH INTL PORT CL A           | CUSIP: 10923M369<br>LEI: 549300JLHZBYYO0TKL25 | Long             | EC               | RF                | US        |   5138494 | NS      | $57037279.80  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR II | BRIGHTHOUSE FDS TR II T ROWE PRICE LARGE CAP           | CUSIP: 10923P164<br>LEI: 549300E6D9O3WK7XB555 | Long             | EC               | RF                | US        |   3622375 | NS      | $51075483.44  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR I  | BRIGHTHOUSE FDS TR I INVESCO COMSTOCK PORT CL A        | CUSIP: 10923M682<br>LEI: 549300VZHJ18WG6QHO82 | Long             | EC               | RF                | US        |   8791384 | NS      | $123870603.29 | 3.27%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR II | BRIGHTHOUSE FDS TR II NEUBERGER BERMAN GENESIS         | CUSIP: 10923P248<br>LEI: 549300P60W9GNQRTUW28 | Long             | EC               | RF                | US        |   1056201 | NS      | $18494072.58  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR II | BRIGHTHOUSE FDS TR II BRIGHTHOUSE/WELLINGTON CORE EQ   | CUSIP: 10923R814<br>LEI: 549300RMBDUQCGNCEW28 | Long             | EC               | RF                | US        |   4123674 | NS      | $124081336.67 | 3.28%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FDS TR I  | BRIGHTHOUSE FDS TR I BRIGHTHOUSE/WELLINGTON LARGE C    | CUSIP: 10923N854<br>LEI: 549300X3GZ3TN03XV808 | Long             | EC               | RF                | US        |   7254278 | NS      | $84947592.91  | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-27

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

**Signature:** Alan Otis

**Name of Signer:** Alan Otis

**Title:** Treasurer