Table of Contents
Brighthouse Funds Trust II
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Schedule of Investments |
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September 30, 2022 | ||||||||||
Table of Contents
Brighthouse Funds Trust II
Schedule of Investments as of September 30, 2022 | ||
BHFTII-1 | ||
BHFTII-5 | ||
BHFTII-51 | ||
BHFTII-55 | ||
BHFTII-58 | ||
BHFTII-59 | ||
BHFTII-60 | ||
BHFTII-61 | ||
BHFTII-62 | ||
Brighthouse/Dimensional International Small Company Portfolio |
BHFTII-66 | |
BHFTII-105 | ||
BHFTII-130 | ||
BHFTII-133 | ||
BHFTII-138 | ||
BHFTII-142 | ||
BHFTII-147 | ||
BHFTII-151 | ||
BHFTII-170 | ||
BHFTII-178 | ||
BHFTII-189 | ||
BHFTII-210 | ||
BHFTII-220 | ||
BHFTII-234 | ||
BHFTII-238 | ||
BHFTII-241 | ||
BHFTII-247 | ||
BHFTII-254 | ||
Western Asset Management Strategic Bond Opportunities Portfolio |
BHFTII-258 | |
BHFTII-281 |
Not all Portfolios are available under every product.
Refer to your prospectus for information on the Portfolios that are available.
MSCI sponsors the MSCI EAFE® Index, Bloomberg sponsors the Bloomberg U.S. Aggregate Bond Index, Standard & Poors sponsors the S&P 500® Index and the S&P 400 MidCap Index, and FTSE Russell sponsors the Russell 2000® Index (together referred to as the index sponsors). Direct investment in the indexes is not possible. The index sponsors do not sponsor, endorse, sell or promote any of the Brighthouse Funds Trust II (the Funds) Portfolios (the Portfolios) or make any representation regarding the advisability of investing in the Portfolios. The index sponsors have no responsibility for and do not participate in the management of the Portfolio assets or sale of the Portfolio shares. Each index and its associated service marks are the exclusive property of the respective index sponsors, and references thereto have been made with permission. The Brighthouse Funds Trust II Statement of Additional Information contains a more detailed description of the limited relationship the index sponsors have with the Fund.
Table of Contents
Brighthouse Funds Trust II
Baillie Gifford International Stock Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks98.5% of Net Assets
Security Description | Shares | Value | ||||||
Argentina3.7% | ||||||||
MercadoLibre, Inc. (a) |
59,265 | $ | 49,058,382 | |||||
|
|
|||||||
Australia0.6% | ||||||||
Cochlear, Ltd. |
66,940 | 8,271,629 | ||||||
|
|
|||||||
Canada4.2% | ||||||||
Constellation Software, Inc. |
12,647 | 17,597,765 | ||||||
Ritchie Bros. Auctioneers, Inc. |
267,763 | 16,729,832 | ||||||
Shopify, Inc. - Class A (a) |
326,690 | 8,801,029 | ||||||
Topicus.com, Inc. (a) |
253,886 | 12,207,701 | ||||||
|
|
|||||||
55,336,327 | ||||||||
|
|
|||||||
China8.3% | ||||||||
Alibaba Group Holding, Ltd. (a) |
1,172,272 | 11,758,937 | ||||||
Futu Holdings, Ltd. (ADR) (a) (b) |
117,130 | 4,367,778 | ||||||
Hangzhou Tigermed Consulting Co., Ltd. - Class H |
624,700 | 5,038,394 | ||||||
Meituan - Class B (a) |
883,500 | 18,517,348 | ||||||
Ping An Healthcare and Technology Co., Ltd. (a) (b) |
2,265,300 | 4,257,206 | ||||||
Ping An Insurance Group Co. of China, Ltd. - Class H |
3,241,500 | 16,117,742 | ||||||
Prosus NV (a) |
181,665 | 9,467,275 | ||||||
Tencent Holdings, Ltd. |
766,600 | 25,889,614 | ||||||
Tencent Music Entertainment Group (ADR) (a) |
2,045,491 | 8,304,693 | ||||||
Wuxi Biologics Cayman, Inc. (a) |
777,500 | 4,658,349 | ||||||
|
|
|||||||
108,377,336 | ||||||||
|
|
|||||||
Denmark4.0% | ||||||||
Ambu A/S - Class B (b) |
485,959 | 4,199,406 | ||||||
Chr Hansen Holding A/S |
218,026 | 10,687,425 | ||||||
DSV A/S |
158,994 | 18,428,379 | ||||||
Novozymes A/S - B Shares |
388,888 | 19,396,475 | ||||||
|
|
|||||||
52,711,685 | ||||||||
|
|
|||||||
Finland1.2% | ||||||||
Kone Oyj - Class B |
416,329 | 16,032,249 | ||||||
|
|
|||||||
France7.5% | ||||||||
Danone S.A. |
454,315 | 21,405,907 | ||||||
Dassault Systemes SE |
642,368 | 22,080,559 | ||||||
Edenred |
508,560 | 23,375,036 | ||||||
Kering S.A. |
29,210 | 12,917,209 | ||||||
Nexans S.A. |
100,686 | 8,914,972 | ||||||
Sartorius Stedim Biotech |
31,102 | 9,507,655 | ||||||
|
|
|||||||
98,201,338 | ||||||||
|
|
|||||||
Germany8.4% | ||||||||
BioNTech SE (ADR) |
58,150 | 7,843,272 | ||||||
Deutsche Boerse AG |
177,503 | 29,223,565 | ||||||
Rational AG |
37,084 | 18,112,589 | ||||||
SAP SE |
340,547 | 28,072,926 | ||||||
Scout24 SE |
536,281 | 27,175,203 | ||||||
|
|
|||||||
110,427,555 | ||||||||
|
|
|||||||
Hong Kong4.5% | ||||||||
AIA Group, Ltd. |
5,133,200 | 42,618,684 | ||||||
Hong Kong Exchanges & Clearing, Ltd. |
481,800 | 16,358,612 | ||||||
|
|
|||||||
58,977,296 | ||||||||
|
|
|||||||
India3.7% | ||||||||
Housing Development Finance Corp., Ltd. |
1,279,942 | 35,655,448 | ||||||
ICICI Lombard General Insurance Co., Ltd. |
905,011 | 12,725,066 | ||||||
|
|
|||||||
48,380,514 | ||||||||
|
|
|||||||
Ireland5.4% | ||||||||
CRH plc |
776,759 | 25,047,723 | ||||||
Kingspan Group plc |
439,504 | 19,636,886 | ||||||
Ryanair Holdings plc (ADR) (a) |
457,931 | 26,752,329 | ||||||
|
|
|||||||
71,436,938 | ||||||||
|
|
|||||||
Italy1.4% | ||||||||
FinecoBank Banca Fineco S.p.A. |
1,498,346 | 18,416,305 | ||||||
|
|
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Japan14.9% | ||||||||
Denso Corp. (b) |
443,100 | 20,224,831 | ||||||
FANUC Corp. |
146,500 | 20,266,499 | ||||||
Japan Exchange Group, Inc. |
1,076,900 | 14,557,502 | ||||||
Keyence Corp. |
40,800 | 13,545,721 | ||||||
MonotaRO Co., Ltd. |
1,240,800 | 18,755,268 | ||||||
Nidec Corp. |
328,100 | 18,482,539 | ||||||
Nintendo Co., Ltd. |
380,000 | 15,387,214 | ||||||
Shimano, Inc. |
108,700 | 17,131,325 | ||||||
Shiseido Co., Ltd. |
498,700 | 17,455,914 | ||||||
SMC Corp. |
42,300 | 17,064,784 | ||||||
Sony Group Corp. |
344,400 | 22,166,382 | ||||||
|
|
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195,037,979 | ||||||||
|
|
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Netherlands5.2% | ||||||||
Adyen NV (a) |
12,828 | 15,958,652 | ||||||
ASML Holding NV |
53,807 | 22,318,675 | ||||||
IMCD NV |
238,041 | 28,250,442 | ||||||
Just Eat Takeaway (a) |
114,249 | 1,764,622 | ||||||
|
|
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68,292,391 | ||||||||
|
|
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Norway0.8% | ||||||||
Aker Carbon Capture ASA (a) |
7,756,327 | 9,897,966 | ||||||
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|
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Panama0.9% | ||||||||
Copa Holdings S.A. - Class A (a) |
182,404 | 12,222,892 | ||||||
|
|
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Russia0.0% | ||||||||
Magnit PJSC (GDR) (c) (d) |
124,832 | 0 | ||||||
MMC Norilsk Nickel PJSC (c) (d) |
39,210 | 0 | ||||||
MMC Norilsk Nickel PJSC (ADR) (c) (d) |
7 | 0 | ||||||
|
|
|||||||
0 | ||||||||
|
|
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South Africa1.1% | ||||||||
Discovery, Ltd. (a) |
2,603,613 | 15,033,780 | ||||||
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BHFTII-1
Table of Contents
Brighthouse Funds Trust II
Baillie Gifford International Stock Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares/ Principal Amount* |
Value | ||||||
South Korea3.2% | ||||||||
Coupang, Inc. (a) |
834,732 | $ | 13,914,982 | |||||
Samsung Electronics Co., Ltd. |
753,766 | 27,695,873 | ||||||
|
|
|||||||
41,610,855 | ||||||||
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Spain1.5% | ||||||||
Amadeus IT Group S.A. (a) |
427,386 | 19,783,250 | ||||||
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Sweden3.5% | ||||||||
Atlas Copco AB - B Shares |
3,141,987 | 25,996,714 | ||||||
Epiroc AB - B Shares |
1,529,561 | 19,238,092 | ||||||
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45,234,806 | ||||||||
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|
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Switzerland6.0% | ||||||||
Cie Financiere Richemont S.A. - Class A |
240,676 | 22,583,423 | ||||||
Kuehne & Nagel International AG |
52,083 | 10,553,298 | ||||||
Nestle S.A. |
311,980 | 33,781,075 | ||||||
Temenos AG |
120,829 | 8,136,014 | ||||||
Wizz Air Holdings plc (a) |
221,452 | 3,894,786 | ||||||
|
|
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78,948,596 | ||||||||
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Taiwan3.7% | ||||||||
Sea, Ltd. (ADR) (a) |
117,904 | 6,608,519 | ||||||
Taiwan Semiconductor Manufacturing Co., Ltd. |
3,144,000 | 41,325,633 | ||||||
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47,934,152 | ||||||||
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United Kingdom4.1% | ||||||||
Experian plc |
680,586 | 19,952,885 | ||||||
Oxford Nanopore Technologies plc (a) |
2,290,219 | 6,465,219 | ||||||
Rio Tinto plc |
493,658 | 26,738,254 | ||||||
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|
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53,156,358 | ||||||||
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United States0.7% | ||||||||
Spotify Technology S.A. (a) |
103,711 | 8,950,259 | ||||||
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|
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Total Common Stocks |
1,291,730,838 | |||||||
|
|
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Short-Term Investment1.3% |
| |||||||
Repurchase Agreement1.3% | ||||||||
Fixed Income Clearing Corp. |
16,708,915 | 16,708,915 | ||||||
|
|
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Total Short-Term Investments |
16,708,915 | |||||||
|
|
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Securities Lending Reinvestments (e)0.9% |
| |||||||
Security Description | Principal |
Value | ||||||
Repurchase Agreements0.4% | ||||||||
HSBC Securities, Inc. |
1,000,000 | 1,000,000 | ||||||
ING Financial Markets LLC |
886,850 | 886,850 | ||||||
National Bank of Canada |
900,000 | 900,000 | ||||||
Societe Generale | ||||||||
Repurchase Agreement dated 09/30/22 at 3.000%, due on 10/03/22 with a maturity value of $200,050; collateralized by U.S. Treasury Obligations with rates ranging from 0.125% - 3.875%, maturity dates ranging from 10/31/22 - 08/15/40, and an aggregate market value of $204,136. |
200,000 | 200,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.050%, due on 10/03/22 with a maturity value of $1,000,254; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 1.125%, maturity dates ranging from 03/09/23 - 05/15/40, and various Common Stock with an aggregate market value of $1,111,064. |
1,000,000 | 1,000,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.070%, due on 10/03/22 with a maturity value of $100,026; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 1.125%, maturity dates ranging from 03/09/23 - 05/15/40, and various Common Stock with an aggregate market value of $111,106. |
100,000 | 100,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.170%, due on 10/07/22 with a maturity value of $400,247; collateralized by various Common Stock with an aggregate market value of $444,980. |
400,000 | 400,000 | ||||||
TD Prime Services LLC |
1,000,000 | 1,000,000 | ||||||
|
|
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5,486,850 | ||||||||
|
|
BHFTII-2
Table of Contents
Brighthouse Funds Trust II
Baillie Gifford International Stock Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Securities Lending Reinvestments (e)(Continued)
Security Description | Shares | Value | ||||||
Mutual Funds0.5% | ||||||||
BlackRock Liquidity Funds FedFund, Institutional Shares |
1,000,000 | $ | 1,000,000 | |||||
Dreyfus Treasury Obligations Cash Management Fund, Institutional Class |
500,000 | 500,000 | ||||||
Goldman Sachs Financial Square Government Fund, Institutional Shares |
2,000,000 | 2,000,000 | ||||||
Morgan Stanley Liquidity Funds Government Portfolio, Institutional Shares |
1,000,000 | 1,000,000 | ||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class |
2,500,000 | 2,500,000 | ||||||
|
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7,000,000 | ||||||||
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Total Securities Lending Reinvestments |
12,486,850 | |||||||
|
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Total Investments100.7% |
1,320,926,603 | |||||||
Other assets and liabilities (net)(0.7)% |
(9,032,828 | ) | ||||||
|
|
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Net Assets100.0% | $ | 1,311,893,775 | ||||||
|
|
* | Principal amount stated in U.S. dollars unless otherwise noted. | |||
(a) | Non-income producing security. | |||
(b) | All or a portion of the security was held on loan. As of September 30, 2022, the market value of securities loaned was $17,781,325 and the collateral received consisted of cash in the amount of $12,486,850 and non-cash collateral with a value of $5,998,708. The cash collateral investments are disclosed in the Schedule of Investments and categorized as Securities Lending Reinvestments. The non-cash collateral received consists of U.S. government securities that are held in safe-keeping by the lending agent, or a third-party custodian, and cannot be sold or repledged by the Portfolio. | |||
(c) | Significant unobservable inputs were used in the valuation of this portfolio security; i.e. Level 3. | |||
(d) | Security was valued in good faith under procedures approved by the Board of Trustees. As of September 30, 2022, these securities represent less than 0.05% of net assets. | |||
(e) | Represents investment of cash collateral received from securities on loan as of September 30, 2022. | |||
(f) | The rate shown represents the annualized seven-day yield as of September 30, 2022. |
Ten Largest Industries as of |
% of |
|||
Machinery |
8.9 | |||
Internet & Direct Marketing Retail |
8.0 | |||
Software |
6.7 | |||
Insurance |
6.6 | |||
IT Services |
5.2 | |||
Capital Markets |
4.9 | |||
Semiconductors & Semiconductor Equipment |
4.8 | |||
Food Products |
4.2 | |||
Interactive Media & Services |
4.0 | |||
Trading Companies & Distributors |
3.6 |
Glossary of Abbreviations
Other Abbreviations
(ADR) | American Depositary Receipt | |||
(GDR) | Global Depositary Receipt |
BHFTII-3
Table of Contents
Brighthouse Funds Trust II
Baillie Gifford International Stock Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks |
| |||||||||||||||
Argentina |
$ | 49,058,382 | $ | | $ | | $ | 49,058,382 | ||||||||
Australia |
| 8,271,629 | | 8,271,629 | ||||||||||||
Canada |
55,336,327 | | | 55,336,327 | ||||||||||||
China |
12,672,471 | 95,704,865 | | 108,377,336 | ||||||||||||
Denmark |
| 52,711,685 | | 52,711,685 | ||||||||||||
Finland |
| 16,032,249 | | 16,032,249 | ||||||||||||
France |
| 98,201,338 | | 98,201,338 | ||||||||||||
Germany |
7,843,272 | 102,584,283 | | 110,427,555 | ||||||||||||
Hong Kong |
| 58,977,296 | | 58,977,296 | ||||||||||||
India |
| 48,380,514 | | 48,380,514 | ||||||||||||
Ireland |
26,752,329 | 44,684,609 | | 71,436,938 | ||||||||||||
Italy |
| 18,416,305 | | 18,416,305 | ||||||||||||
Japan |
| 195,037,979 | | 195,037,979 | ||||||||||||
Netherlands |
| 68,292,391 | | 68,292,391 | ||||||||||||
Norway |
| 9,897,966 | | 9,897,966 | ||||||||||||
Panama |
12,222,892 | | | 12,222,892 | ||||||||||||
Russia |
| | 0 | 0 | ||||||||||||
South Africa |
| 15,033,780 | | 15,033,780 | ||||||||||||
South Korea |
13,914,982 | 27,695,873 | | 41,610,855 | ||||||||||||
Spain |
| 19,783,250 | | 19,783,250 | ||||||||||||
Sweden |
| 45,234,806 | | 45,234,806 | ||||||||||||
Switzerland |
| 78,948,596 | | 78,948,596 | ||||||||||||
Taiwan |
6,608,519 | 41,325,633 | | 47,934,152 | ||||||||||||
United Kingdom |
| 53,156,358 | | 53,156,358 | ||||||||||||
United States |
8,950,259 | | | 8,950,259 | ||||||||||||
Total Common Stocks |
193,359,433 | 1,098,371,405 | 0 | 1,291,730,838 | ||||||||||||
Total Short-Term Investment* |
| 16,708,915 | | 16,708,915 | ||||||||||||
Securities Lending Reinvestments |
| |||||||||||||||
Repurchase Agreements |
| 5,486,850 | | 5,486,850 | ||||||||||||
Mutual Funds |
7,000,000 | | | 7,000,000 | ||||||||||||
Total Securities Lending Reinvestments |
7,000,000 | 5,486,850 | | 12,486,850 | ||||||||||||
Total Investments |
$ | 200,359,433 | $ | 1,120,567,170 | $ | 0 | $ | 1,320,926,603 | ||||||||
Collateral for Securities Loaned (Liability) |
$ | | $ | (12,486,850 | ) | $ | | $ | (12,486,850 | ) |
* | See Schedule of Investments for additional detailed categorizations. |
Level 3 investments at the beginning and/or end of the period in relation to net assets were not significant and accordingly, a reconciliation of Level 3 assets for the period ended September 30, 2022 is not presented.
During the period ended September 30, 2022, transfers into Level 3 in the amount of $21,833,902 were due to trading halts on the securities respective exchanges which resulted in the lack of observable inputs.
BHFTII-4
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
U.S. Treasury & Government Agencies46.9% of Net Assets
Security Description | Principal Amount* |
Value | ||||||
Agency Sponsored Mortgage - Backed30.1% | ||||||||
Fannie Mae 15 Yr. Pool |
| |||||||
2.000%, 10/01/31 |
96,042 | $ | 86,011 | |||||
2.000%, 11/01/31 |
1,217,668 | 1,090,104 | ||||||
2.000%, 12/01/31 |
131,429 | 117,699 | ||||||
2.000%, 03/01/32 |
876,182 | 784,645 | ||||||
2.000%, 03/01/37 |
1,081,959 | 954,531 | ||||||
2.500%, 09/01/27 |
87,548 | 83,897 | ||||||
2.500%, 02/01/28 |
11,203 | 10,695 | ||||||
2.500%, 04/01/28 |
30,818 | 29,421 | ||||||
2.500%, 08/01/28 |
88,684 | 84,392 | ||||||
2.500%, 01/01/30 |
478,785 | 442,250 | ||||||
2.500%, 02/01/30 |
51,694 | 48,709 | ||||||
2.500%, 03/01/30 |
93,034 | 86,334 | ||||||
2.500%, 07/01/30 |
342,361 | 317,407 | ||||||
2.500%, 08/01/30 |
1,053,389 | 979,552 | ||||||
2.500%, 09/01/30 |
630,799 | 585,317 | ||||||
2.500%, 11/01/30 |
1,181,726 | 1,096,539 | ||||||
2.500%, 03/01/31 |
55,872 | 53,336 | ||||||
2.500%, 06/01/31 |
357,054 | 331,295 | ||||||
2.500%, 07/01/31 |
203,216 | 188,555 | ||||||
2.500%, 08/01/31 |
27,473 | 25,432 | ||||||
2.500%, 10/01/31 |
1,723,710 | 1,599,326 | ||||||
2.500%, 11/01/31 |
1,094,374 | 1,015,388 | ||||||
2.500%, 02/01/32 |
51,071 | 47,385 | ||||||
2.500%, 03/01/32 |
192,076 | 177,382 | ||||||
2.500%, 08/01/32 |
1,190,613 | 1,104,673 | ||||||
2.500%, 02/01/33 |
2,114,915 | 1,962,425 | ||||||
3.000%, 04/01/28 |
63,026 | 60,754 | ||||||
3.000%, 05/01/28 |
74,633 | 71,782 | ||||||
3.000%, 10/01/28 |
155,491 | 149,434 | ||||||
3.000%, 11/01/28 |
1,102,967 | 1,060,726 | ||||||
3.000%, 12/01/28 |
295,868 | 284,295 | ||||||
3.000%, 01/01/29 |
123,468 | 118,332 | ||||||
3.000%, 04/01/29 |
538,830 | 507,721 | ||||||
3.000%, 05/01/29 |
748,072 | 699,057 | ||||||
3.000%, 08/01/29 |
691,851 | 656,876 | ||||||
3.000%, 10/01/29 |
202,818 | 192,548 | ||||||
3.000%, 03/01/30 |
424,679 | 403,160 | ||||||
3.000%, 04/01/30 |
346,748 | 327,478 | ||||||
3.000%, 05/01/30 |
579,210 | 547,971 | ||||||
3.000%, 07/01/30 |
416,504 | 393,213 | ||||||
3.000%, 08/01/30 |
1,830,827 | 1,728,822 | ||||||
3.000%, 09/01/30 |
494,904 | 467,406 | ||||||
3.000%, 08/01/31 |
1,765,805 | 1,663,187 | ||||||
3.000%, 09/01/31 |
220,691 | 208,388 | ||||||
3.000%, 03/01/32 |
379,612 | 358,462 | ||||||
3.500%, 08/01/28 |
140,543 | 133,124 | ||||||
3.500%, 10/01/28 |
1,133,159 | 1,079,182 | ||||||
3.500%, 11/01/28 |
1,149,451 | 1,093,074 | ||||||
3.500%, 02/01/29 |
1,390,150 | 1,321,802 | ||||||
3.500%, 04/01/29 |
271,988 | 257,548 | ||||||
3.500%, 05/01/29 |
1,011,283 | 958,777 | ||||||
3.500%, 07/01/29 |
351,423 | 333,074 | ||||||
3.500%, 09/01/29 |
77,983 | 74,028 | ||||||
3.500%, 08/01/30 |
297,794 | 283,292 | ||||||
3.500%, 11/01/32 |
115,764 | 109,822 | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Fannie Mae 15 Yr. Pool |
| |||||||
3.500%, 01/01/33 |
70,331 | 66,723 | ||||||
4.000%, 10/01/33 |
2,703,702 | 2,624,959 | ||||||
4.500%, 02/01/25 |
44,158 | 43,437 | ||||||
4.500%, 04/01/25 |
12,066 | 11,869 | ||||||
4.500%, 07/01/25 |
31,194 | 30,681 | ||||||
4.500%, 06/01/26 |
280,228 | 275,680 | ||||||
Fannie Mae 20 Yr. Pool |
| |||||||
1.500%, 11/01/41 |
20,446,852 | 16,364,688 | ||||||
1.500%, 12/01/41 |
10,440,995 | 8,320,584 | ||||||
2.000%, 12/01/41 |
1,489,108 | 1,246,425 | ||||||
2.000%, 02/01/42 |
759,202 | 634,522 | ||||||
2.000%, 03/01/42 |
7,295,182 | 6,097,107 | ||||||
2.000%, 04/01/42 |
1,125,118 | 940,521 | ||||||
3.000%, 10/01/36 |
49,613 | 45,713 | ||||||
3.000%, 11/01/36 |
563,748 | 519,395 | ||||||
3.000%, 12/01/36 |
905,110 | 829,990 | ||||||
Fannie Mae 30 Yr. Pool | ||||||||
1.500%, 10/01/50 |
2,477,277 | 1,906,705 | ||||||
1.500%, 11/01/50 |
2,149,495 | 1,654,210 | ||||||
1.500%, 03/01/51 |
2,863,902 | 2,202,484 | ||||||
2.000%, 09/01/50 |
1,706,883 | 1,392,015 | ||||||
2.000%, 10/01/50 |
2,178,067 | 1,776,121 | ||||||
2.000%, 11/01/50 |
415,721 | 338,668 | ||||||
2.000%, 12/01/50 |
2,320,957 | 1,893,357 | ||||||
2.000%, 02/01/51 |
1,758,753 | 1,432,711 | ||||||
2.000%, 03/01/51 |
1,787,090 | 1,457,747 | ||||||
2.000%, 04/01/51 |
3,447,142 | 2,811,523 | ||||||
2.000%, 08/01/51 |
12,944,529 | 10,525,704 | ||||||
2.000%, 11/01/51 |
22,388,742 | 18,195,518 | ||||||
2.000%, 12/01/51 |
9,726,666 | 7,905,359 | ||||||
2.000%, 01/01/52 |
7,928,581 | 6,458,434 | ||||||
2.000%, 02/01/52 |
23,287,083 | 18,924,850 | ||||||
2.000%, 03/01/52 |
5,041,138 | 4,102,230 | ||||||
2.500%, 07/01/50 |
9,714,476 | 8,237,867 | ||||||
2.500%, 08/01/50 |
7,066,569 | 5,984,075 | ||||||
2.500%, 11/01/50 |
2,459,557 | 2,102,487 | ||||||
2.500%, 01/01/51 |
475,047 | 402,043 | ||||||
2.500%, 09/01/51 |
5,893,501 | 4,989,677 | ||||||
2.500%, 11/01/51 |
1,183,537 | 1,008,078 | ||||||
2.500%, 01/01/52 |
26,367,250 | 22,349,717 | ||||||
2.500%, 02/01/52 |
6,623,304 | 5,611,237 | ||||||
3.000%, 03/01/43 |
4,644,714 | 4,153,960 | ||||||
3.000%, 04/01/43 |
2,671,792 | 2,389,851 | ||||||
3.000%, 05/01/43 |
1,415,212 | 1,264,863 | ||||||
3.000%, 06/01/43 |
46,564 | 41,642 | ||||||
3.000%, 06/01/46 |
28,698 | 25,561 | ||||||
3.000%, 08/01/46 |
37,412 | 33,310 | ||||||
3.000%, 11/01/46 |
1,563,525 | 1,390,363 | ||||||
3.000%, 02/01/47 |
384,243 | 341,563 | ||||||
3.000%, 03/01/47 |
1,595,129 | 1,415,716 | ||||||
3.000%, 03/01/50 |
566,620 | 501,101 | ||||||
3.000%, 08/01/50 |
2,201,251 | 1,933,167 | ||||||
3.000%, 11/01/51 |
2,700,180 | 2,362,499 | ||||||
3.000%, 12/01/51 |
1,196,692 | 1,050,704 | ||||||
3.000%, 04/01/52 |
386,836 | 339,809 |
BHFTII-5
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
U.S. Treasury & Government Agencies(Continued)
Security Description | Principal Amount* |
Value | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Fannie Mae 30 Yr. Pool |
| |||||||
3.000%, 05/01/52 |
612,290 | $ | 536,193 | |||||
3.500%, 01/01/42 |
237,559 | 218,642 | ||||||
3.500%, 04/01/42 |
158,464 | 145,347 | ||||||
3.500%, 05/01/42 |
19,721 | 18,080 | ||||||
3.500%, 06/01/42 |
40,966 | 37,593 | ||||||
3.500%, 07/01/42 |
49,107 | 45,112 | ||||||
3.500%, 02/01/45 |
1,630,194 | 1,497,546 | ||||||
3.500%, 05/01/47 |
779,593 | 714,607 | ||||||
3.500%, 11/01/47 |
513,552 | 468,198 | ||||||
3.500%, 12/01/47 |
514,331 | 469,023 | ||||||
3.500%, 01/01/48 |
1,538,549 | 1,409,690 | ||||||
3.500%, 02/01/48 |
237,914 | 217,127 | ||||||
3.500%, 03/01/48 |
1,313,715 | 1,200,818 | ||||||
3.500%, 04/01/48 |
912,164 | 841,578 | ||||||
3.500%, 06/01/49 |
8,725,187 | 7,980,679 | ||||||
3.500%, 01/01/51 |
20,896,787 | 19,044,230 | ||||||
4.000%, 08/01/33 |
365,949 | 348,974 | ||||||
4.000%, 01/01/42 |
471,460 | 449,371 | ||||||
4.000%, 02/01/42 |
761,385 | 725,720 | ||||||
4.000%, 05/01/42 |
179,021 | 170,653 | ||||||
4.000%, 11/01/46 |
169,714 | 160,152 | ||||||
4.000%, 06/01/47 |
527,330 | 501,522 | ||||||
4.000%, 08/01/47 |
340,352 | 322,505 | ||||||
4.000%, 09/01/47 |
29,754 | 28,149 | ||||||
4.000%, 10/01/47 |
236,516 | 223,609 | ||||||
4.000%, 01/01/48 |
234,461 | 221,643 | ||||||
4.000%, 04/01/48 |
53,510 | 50,705 | ||||||
4.000%, 05/01/48 |
60,307 | 57,123 | ||||||
4.000%, 06/01/48 |
43,823 | 41,495 | ||||||
4.000%, 07/01/48 |
44,121 | 41,597 | ||||||
4.000%, 08/01/48 |
646,531 | 608,872 | ||||||
4.000%, 09/01/48 |
291,651 | 275,383 | ||||||
4.000%, 10/01/48 |
128,332 | 121,338 | ||||||
4.000%, 09/01/49 |
1,181,241 | 1,117,125 | ||||||
4.000%, 03/01/50 |
527,034 | 493,456 | ||||||
4.000%, 04/01/50 |
288,243 | 270,558 | ||||||
4.000%, 05/01/50 |
487,451 | 460,604 | ||||||
4.000%, 06/01/50 |
647,971 | 607,150 | ||||||
4.000%, 11/01/50 |
54,051 | 50,698 | ||||||
4.000%, 01/01/51 |
3,634,925 | 3,420,951 | ||||||
4.000%, 03/01/51 |
2,838,363 | 2,667,286 | ||||||
4.000%, 05/01/51 |
6,297,151 | 5,899,025 | ||||||
4.000%, 10/01/51 |
6,603,388 | 6,196,324 | ||||||
4.500%, 08/01/39 |
388,703 | 380,036 | ||||||
4.500%, 11/01/39 |
328,115 | 321,495 | ||||||
4.500%, 01/01/40 |
15,845 | 15,523 | ||||||
4.500%, 04/01/40 |
31,606 | 30,917 | ||||||
4.500%, 05/01/40 |
71,547 | 70,098 | ||||||
4.500%, 06/01/40 |
68,268 | 66,884 | ||||||
4.500%, 07/01/40 |
147,856 | 144,863 | ||||||
4.500%, 11/01/40 |
288,621 | 282,775 | ||||||
4.500%, 07/01/41 |
66,270 | 64,927 | ||||||
4.500%, 09/01/41 |
289,529 | 283,647 | ||||||
4.500%, 10/01/41 |
77,647 | 76,068 | ||||||
4.500%, 01/01/42 |
62,453 | 61,190 | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Fannie Mae 30 Yr. Pool |
| |||||||
4.500%, 08/01/42 |
370,908 | 363,400 | ||||||
4.500%, 09/01/43 |
352,976 | 345,806 | ||||||
4.500%, 10/01/43 |
624,736 | 611,830 | ||||||
4.500%, 11/01/43 |
1,503,425 | 1,463,269 | ||||||
4.500%, 12/01/43 |
635,203 | 622,344 | ||||||
4.500%, 01/01/44 |
530,504 | 520,243 | ||||||
4.500%, 06/01/44 |
2,108,309 | 2,065,456 | ||||||
4.500%, 07/01/45 |
625,067 | 612,389 | ||||||
4.500%, 09/01/45 |
306,043 | 299,832 | ||||||
4.500%, 11/01/45 |
1,051,207 | 1,029,556 | ||||||
4.500%, 12/01/45 |
421,482 | 412,941 | ||||||
4.500%, 07/01/46 |
2,012,401 | 1,971,548 | ||||||
4.500%, 09/01/46 |
346,450 | 337,354 | ||||||
4.500%, 09/01/47 |
33,794 | 32,650 | ||||||
4.500%, 10/01/47 |
247,019 | 239,090 | ||||||
4.500%, 11/01/47 |
1,263,095 | 1,223,770 | ||||||
4.500%, 12/01/47 |
42,147 | 40,817 | ||||||
4.500%, 01/01/48 |
1,214,524 | 1,178,738 | ||||||
4.500%, 02/01/48 |
69,292 | 67,124 | ||||||
4.500%, 03/01/48 |
100,902 | 97,580 | ||||||
4.500%, 04/01/48 |
671,825 | 657,350 | ||||||
4.500%, 05/01/48 |
5,705,502 | 5,563,295 | ||||||
4.500%, 07/01/48 |
114,494 | 111,386 | ||||||
4.500%, 08/01/48 |
1,222,468 | 1,192,565 | ||||||
4.500%, 11/01/48 |
760,923 | 737,253 | ||||||
4.500%, 02/01/49 |
6,552,853 | 6,444,015 | ||||||
4.500%, 05/01/49 |
5,994,736 | 5,895,184 | ||||||
5.000%, 11/01/32 |
2,034 | 2,002 | ||||||
5.000%, 09/01/35 |
87,378 | 87,388 | ||||||
5.000%, 06/01/39 |
3,685,675 | 3,691,200 | ||||||
5.000%, 04/01/41 |
5,204 | 5,074 | ||||||
5.000%, 07/01/41 |
105,758 | 105,771 | ||||||
5.000%, 08/01/41 |
118,894 | 119,833 | ||||||
5.000%, 01/01/42 |
45,936 | 44,797 | ||||||
5.500%, 11/01/32 |
391,422 | 400,368 | ||||||
5.500%, 12/01/32 |
70,306 | 71,901 | ||||||
5.500%, 01/01/33 |
239,635 | 244,484 | ||||||
5.500%, 12/01/33 |
93,914 | 96,198 | ||||||
5.500%, 05/01/34 |
791,432 | 814,765 | ||||||
5.500%, 08/01/37 |
816,785 | 841,329 | ||||||
5.500%, 02/01/38 |
144,300 | 148,510 | ||||||
5.500%, 03/01/38 |
80,787 | 83,451 | ||||||
5.500%, 06/01/38 |
45,094 | 44,867 | ||||||
5.500%, 12/01/38 |
79,874 | 79,511 | ||||||
5.500%, 01/01/39 |
136,093 | 140,577 | ||||||
5.500%, 08/01/39 |
97,333 | 98,065 | ||||||
5.500%, 12/01/39 |
196,360 | 202,137 | ||||||
5.500%, 04/01/40 |
17,974 | 18,362 | ||||||
5.500%, 04/01/41 |
103,513 | 104,027 | ||||||
6.000%, 02/01/34 |
94,221 | 97,342 | ||||||
6.000%, 08/01/34 |
68,748 | 72,245 | ||||||
6.000%, 04/01/35 |
1,097,835 | 1,153,317 | ||||||
6.000%, 06/01/36 |
146,876 | 154,167 | ||||||
6.000%, 02/01/38 |
181,853 | 190,066 | ||||||
6.000%, 03/01/38 |
77,938 | 81,888 |
BHFTII-6
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
U.S. Treasury & Government Agencies(Continued)
Security Description | Principal Amount* |
Value | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Fannie Mae 30 Yr. Pool |
| |||||||
6.000%, 05/01/38 |
218,482 | $ | 229,822 | |||||
6.000%, 10/01/38 |
253,204 | 265,317 | ||||||
6.000%, 12/01/38 |
91,616 | 96,296 | ||||||
6.000%, 04/01/40 |
833,761 | 876,697 | ||||||
6.000%, 09/01/40 |
86,062 | 90,810 | ||||||
6.000%, 06/01/41 |
205,491 | 215,905 | ||||||
6.500%, 05/01/40 |
1,216,386 | 1,277,068 | ||||||
Fannie Mae Pool |
||||||||
4.000%, 01/01/41 |
103,195 | 97,674 | ||||||
Fannie Mae REMICS (CMO) |
||||||||
5.000%, 04/25/35 |
5,162 | 5,147 | ||||||
Freddie Mac 15 Yr. Gold Pool |
||||||||
2.500%, 04/01/27 |
26,137 | 25,176 | ||||||
2.500%, 10/01/28 |
138,589 | 131,950 | ||||||
2.500%, 08/01/29 |
360,354 | 333,750 | ||||||
2.500%, 12/01/29 |
134,650 | 124,518 | ||||||
2.500%, 05/01/30 |
410,581 | 381,464 | ||||||
2.500%, 07/01/30 |
264,160 | 245,416 | ||||||
2.500%, 08/01/30 |
980,257 | 910,714 | ||||||
2.500%, 09/01/30 |
1,050,677 | 976,128 | ||||||
2.500%, 04/01/31 |
805,273 | 748,110 | ||||||
3.000%, 01/01/30 |
281,135 | 266,437 | ||||||
3.000%, 04/01/30 |
1,749,092 | 1,662,294 | ||||||
3.000%, 05/01/30 |
289,620 | 273,819 | ||||||
3.000%, 06/01/30 |
10,526 | 9,953 | ||||||
3.000%, 07/01/30 |
607,620 | 573,556 | ||||||
3.000%, 08/01/30 |
194,108 | 183,520 | ||||||
Freddie Mac 15 Yr. Pool |
||||||||
2.000%, 02/01/36 |
1,273,218 | 1,123,307 | ||||||
Freddie Mac 20 Yr. Pool |
||||||||
2.000%, 02/01/42 |
462,787 | 386,787 | ||||||
2.000%, 03/01/42 |
1,660,537 | 1,387,836 | ||||||
2.000%, 04/01/42 |
481,801 | 402,676 | ||||||
3.000%, 09/01/37 |
61,804 | 56,471 | ||||||
3.000%, 06/01/38 |
1,273,148 | 1,172,891 | ||||||
3.500%, 01/01/34 |
577,723 | 542,201 | ||||||
3.500%, 05/01/35 |
2,176,194 | 2,053,285 | ||||||
Freddie Mac 30 Yr. Gold Pool |
| |||||||
3.000%, 01/01/43 |
850,616 | 763,554 | ||||||
3.000%, 03/01/43 |
1,375,107 | 1,233,119 | ||||||
3.000%, 12/01/46 |
872,411 | 776,004 | ||||||
3.500%, 04/01/42 |
1,003,280 | 925,404 | ||||||
3.500%, 05/01/42 |
31,386 | 28,861 | ||||||
3.500%, 08/01/42 |
836,892 | 774,089 | ||||||
3.500%, 10/01/42 |
41,323 | 37,947 | ||||||
3.500%, 06/01/43 |
148,124 | 136,201 | ||||||
3.500%, 01/01/44 |
280,820 | 259,632 | ||||||
3.500%, 05/01/44 |
54,692 | 50,624 | ||||||
3.500%, 06/01/44 |
127,428 | 117,175 | ||||||
3.500%, 07/01/44 |
50,384 | 46,767 | ||||||
3.500%, 09/01/44 |
102,103 | 94,506 | ||||||
3.500%, 09/01/45 |
85,024 | 78,699 | ||||||
3.500%, 03/01/47 |
796,878 | 735,675 | ||||||
3.500%, 10/01/47 |
693,182 | 643,403 | ||||||
3.500%, 12/01/47 |
851,531 | 790,380 | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Freddie Mac 30 Yr. Gold Pool |
| |||||||
3.500%, 01/01/48 |
286,827 | 263,822 | ||||||
4.000%, 08/01/40 |
95,890 | 91,507 | ||||||
4.000%, 09/01/40 |
128,395 | 122,522 | ||||||
4.000%, 10/01/40 |
70,172 | 66,961 | ||||||
4.000%, 11/01/40 |
224,124 | 213,868 | ||||||
4.000%, 04/01/41 |
6,021 | 5,746 | ||||||
4.000%, 10/01/41 |
197,344 | 188,314 | ||||||
4.000%, 09/01/43 |
208,159 | 197,983 | ||||||
4.000%, 04/01/44 |
499,656 | 475,240 | ||||||
4.000%, 07/01/44 |
78,158 | 74,487 | ||||||
4.000%, 02/01/45 |
114,188 | 108,532 | ||||||
4.000%, 09/01/45 |
608,340 | 578,615 | ||||||
4.000%, 12/01/45 |
3,670,481 | 3,471,432 | ||||||
4.500%, 02/01/39 |
439,809 | 432,025 | ||||||
4.500%, 08/01/39 |
311,180 | 305,268 | ||||||
4.500%, 12/01/39 |
92,765 | 90,986 | ||||||
4.500%, 07/01/40 |
31,559 | 30,954 | ||||||
4.500%, 05/01/41 |
466,748 | 457,252 | ||||||
4.500%, 05/01/42 |
514,619 | 504,791 | ||||||
4.500%, 10/01/43 |
154,004 | 147,962 | ||||||
4.500%, 12/01/43 |
598,835 | 587,889 | ||||||
4.500%, 04/01/47 |
1,064,839 | 1,035,492 | ||||||
4.500%, 05/01/47 |
379,455 | 368,786 | ||||||
4.500%, 07/01/47 |
854,514 | 830,385 | ||||||
4.500%, 02/01/49 |
1,033,958 | 1,003,135 | ||||||
4.500%, 04/01/49 |
604,379 | 587,157 | ||||||
5.000%, 10/01/41 |
256,970 | 259,255 | ||||||
5.000%, 11/01/41 |
1,743,459 | 1,758,989 | ||||||
5.500%, 02/01/35 |
66,805 | 68,896 | ||||||
5.500%, 09/01/39 |
67,978 | 69,327 | ||||||
5.500%, 01/01/40 |
79,784 | 79,547 | ||||||
5.500%, 06/01/41 |
919,657 | 951,035 | ||||||
Freddie Mac 30 Yr. Pool |
| |||||||
1.500%, 08/01/50 |
946,284 | 726,895 | ||||||
1.500%, 10/01/50 |
2,366,920 | 1,818,148 | ||||||
2.000%, 08/01/50 |
363,478 | 296,272 | ||||||
2.000%, 11/01/50 |
668,125 | 544,819 | ||||||
2.000%, 02/01/51 |
16,659,343 | 13,568,922 | ||||||
2.000%, 03/01/51 |
3,803,280 | 3,095,964 | ||||||
2.000%, 04/01/51 |
1,995,633 | 1,628,850 | ||||||
2.000%, 05/01/51 |
1,189,902 | 971,202 | ||||||
2.000%, 07/01/51 |
4,617,535 | 3,777,883 | ||||||
2.000%, 09/01/51 |
1,578,445 | 1,283,526 | ||||||
2.000%, 10/01/51 |
4,719,678 | 3,834,597 | ||||||
2.000%, 12/01/51 |
5,734,175 | 4,663,986 | ||||||
2.000%, 01/01/52 |
16,199,402 | 13,202,896 | ||||||
2.000%, 02/01/52 |
1,831,179 | 1,489,563 | ||||||
2.500%, 07/01/50 |
477,305 | 403,950 | ||||||
2.500%, 02/01/51 |
3,974,097 | 3,380,211 | ||||||
2.500%, 05/01/51 |
13,518,298 | 11,461,381 | ||||||
2.500%, 11/01/51 |
11,995,139 | 10,166,886 | ||||||
2.500%, 12/01/51 |
6,039,574 | 5,105,677 | ||||||
2.500%, 01/01/52 |
32,541,257 | 27,516,657 | ||||||
2.500%, 04/01/52 |
5,063,546 | 4,278,320 | ||||||
3.000%, 06/01/44 |
7,470,923 | 6,695,518 |
BHFTII-7
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
U.S. Treasury & Government Agencies(Continued)
Security Description | Principal Amount* |
Value | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Freddie Mac 30 Yr. Pool |
| |||||||
3.000%, 02/01/47 |
616,149 | $ | 548,598 | |||||
3.000%, 08/01/50 |
5,159,547 | 4,547,719 | ||||||
3.000%, 09/01/50 |
2,369,555 | 2,126,217 | ||||||
3.000%, 07/01/51 |
468,300 | 413,534 | ||||||
3.000%, 10/01/51 |
657,255 | 576,571 | ||||||
3.000%, 02/01/52 |
344,967 | 305,630 | ||||||
3.000%, 03/01/52 |
9,802,451 | 8,622,641 | ||||||
3.000%, 08/01/52 |
17,477,004 | 15,334,501 | ||||||
3.500%, 09/01/44 |
17,518 | 16,242 | ||||||
3.500%, 03/01/46 |
2,780,099 | 2,553,606 | ||||||
3.500%, 09/01/46 |
645,467 | 588,993 | ||||||
3.500%, 01/01/48 |
3,864,831 | 3,548,558 | ||||||
3.500%, 06/01/48 |
1,103,740 | 1,012,028 | ||||||
3.500%, 08/01/50 |
345,155 | 313,592 | ||||||
4.000%, 01/01/45 |
5,659,281 | 5,395,812 | ||||||
4.000%, 07/01/47 |
1,315,050 | 1,247,956 | ||||||
4.000%, 04/01/48 |
2,877,578 | 2,730,996 | ||||||
4.000%, 06/01/48 |
1,281,637 | 1,218,211 | ||||||
4.000%, 05/01/49 |
126,999 | 119,955 | ||||||
4.000%, 03/01/50 |
1,759,283 | 1,666,781 | ||||||
4.000%, 06/01/50 |
1,452,232 | 1,361,631 | ||||||
Freddie Mac Gold Pool |
||||||||
3.000%, 09/01/27 |
160,720 | 151,243 | ||||||
3.000%, 07/01/28 |
92,147 | 86,722 | ||||||
Freddie Mac Multifamily Structured Pass-Through Certificates |
||||||||
0.942%, 05/25/29 (a) (b) |
6,267,524 | 248,003 | ||||||
Freddie Mac STACR REMIC Trust (CMO) |
||||||||
4.931%, SOFR30A + 2.650%, 01/25/51 (144A) (a) |
1,400,000 | 1,265,118 | ||||||
5.281%, SOFR30A + 3.000%, 12/25/50 (144A) (a) |
610,000 | 563,968 | ||||||
5.681%, SOFR30A + 3.400%, 10/25/41 (144A) (a) |
3,541,000 | 3,166,442 | ||||||
5.781%, SOFR30A + 3.500%, 10/25/33 (144A) (a) |
1,148,271 | 1,057,400 | ||||||
5.931%, SOFR30A + 3.650%, 11/25/41 (144A) (a) |
2,111,699 | 1,858,296 | ||||||
7.281%, SOFR30A + 5.000%, 08/25/33 (144A) (a) |
648,704 | 502,261 | ||||||
Freddie Mac Structured Agency Credit Risk Debt Notes (CMO) |
||||||||
5.681%, SOFR30A + 3.400%, 08/25/33 (144A) (a) |
1,160,000 | 1,044,047 | ||||||
6.281%, SOFR30A + 4.000%, 11/25/50 (144A) (a) |
410,000 | 373,499 | ||||||
7.534%, 1M LIBOR + 4.450%, 03/25/30 (a) |
682,210 | 694,390 | ||||||
FREMF Mortgage Trust |
||||||||
0.100%, 01/25/29 (144A) (b) |
25,288,024 | 116,393 | ||||||
4.375%, 08/25/50 (144A) (a) |
304,000 | 281,373 | ||||||
Ginnie Mae I 30 Yr. Pool |
||||||||
3.000%, 02/15/45 |
499,518 | 448,067 | ||||||
3.500%, 01/15/42 |
137,828 | 128,465 | ||||||
3.500%, 02/15/42 |
79,125 | 73,745 | ||||||
3.500%, 04/15/42 |
169,961 | 158,405 | ||||||
3.500%, 05/15/42 |
205,424 | 191,461 | ||||||
3.500%, 08/15/42 |
215,333 | 200,692 | ||||||
3.500%, 11/15/42 |
108,812 | 101,414 | ||||||
3.500%, 12/15/42 |
560,404 | 522,388 | ||||||
3.500%, 01/15/43 |
160,371 | 148,973 | ||||||
3.500%, 02/15/43 |
344,886 | 321,432 | ||||||
3.500%, 03/15/43 |
248,170 | 231,291 | ||||||
3.500%, 04/15/43 |
816,521 | 761,090 | ||||||
3.500%, 05/15/43 |
1,169,944 | 1,090,545 | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Ginnie Mae I 30 Yr. Pool |
||||||||
3.500%, 06/15/43 |
336,431 | 313,637 | ||||||
3.500%, 07/15/43 |
1,001,577 | 933,484 | ||||||
4.000%, 03/15/41 |
271,556 | 261,229 | ||||||
4.000%, 12/15/41 |
22,749 | 21,749 | ||||||
4.500%, 02/15/42 |
3,215,119 | 3,171,340 | ||||||
4.500%, 03/15/47 |
70,776 | 69,498 | ||||||
4.500%, 04/15/47 |
160,653 | 158,044 | ||||||
4.500%, 05/15/47 |
60,922 | 60,338 | ||||||
5.000%, 12/15/38 |
112,857 | 114,230 | ||||||
5.000%, 07/15/39 |
180,497 | 182,682 | ||||||
5.000%, 10/15/39 |
130,523 | 131,657 | ||||||
5.000%, 09/15/40 |
8,621 | 8,678 | ||||||
5.000%, 12/15/40 |
360,685 | 365,047 | ||||||
5.500%, 04/15/33 |
11,323 | 11,862 | ||||||
6.500%, 04/15/33 |
34,086 | 36,187 | ||||||
Ginnie Mae II 30 Yr. Pool |
||||||||
2.000%, 08/20/50 |
7,672,897 | 6,442,273 | ||||||
2.000%, 11/20/50 |
5,190,448 | 4,357,576 | ||||||
2.000%, 01/20/51 |
11,463,064 | 9,621,800 | ||||||
2.000%, 02/20/51 |
857,330 | 719,549 | ||||||
2.000%, TBA (c) |
22,248,200 | 18,523,397 | ||||||
2.500%, 04/20/51 |
6,723,668 | 5,802,904 | ||||||
2.500%, 10/20/51 |
7,868,122 | 6,785,365 | ||||||
2.500%, 12/20/51 |
14,883,649 | 12,833,537 | ||||||
2.500%, 05/20/52 |
4,043,907 | 3,482,004 | ||||||
2.500%, 07/20/52 |
2,938,846 | 2,531,604 | ||||||
2.500%, TBA (c) |
11,725,300 | 10,073,546 | ||||||
3.000%, 12/20/44 |
42,232 | 38,017 | ||||||
3.000%, 09/20/47 |
860,958 | 771,552 | ||||||
3.000%, 03/20/49 |
22,855 | 20,448 | ||||||
3.000%, 05/20/50 |
337,820 | 300,719 | ||||||
3.000%, 01/20/51 |
23,963,712 | 21,397,098 | ||||||
3.000%, TBA (c) |
27,158,470 | 23,994,323 | ||||||
3.500%, 04/20/43 |
780,689 | 723,992 | ||||||
3.500%, 05/20/43 |
426,476 | 396,931 | ||||||
3.500%, 07/20/43 |
33,012 | 30,596 | ||||||
3.500%, 02/20/44 |
846,951 | 784,415 | ||||||
3.500%, 03/20/45 |
30,031 | 27,812 | ||||||
3.500%, 04/20/45 |
44,721 | 41,495 | ||||||
3.500%, 05/20/45 |
183,584 | 170,161 | ||||||
3.500%, 07/20/45 |
32,946 | 30,470 | ||||||
3.500%, 08/20/45 |
44,344 | 41,078 | ||||||
3.500%, 10/20/45 |
84,107 | 77,803 | ||||||
3.500%, 11/20/45 |
30,936 | 28,550 | ||||||
3.500%, 12/20/45 |
466,173 | 429,706 | ||||||
3.500%, 01/20/46 |
93,582 | 86,669 | ||||||
3.500%, 05/20/46 |
389,256 | 359,935 | ||||||
3.500%, 09/20/46 |
147,748 | 136,517 | ||||||
3.500%, 10/20/46 |
882,788 | 808,734 | ||||||
3.500%, 03/20/48 |
36,351 | 33,484 | ||||||
3.500%, 04/20/48 |
14,763 | 13,594 | ||||||
3.500%, TBA (c) |
24,631,496 | 22,390,354 | ||||||
4.000%, 04/20/39 |
17,079 | 16,312 | ||||||
4.000%, 07/20/39 |
119,022 | 113,675 | ||||||
4.000%, 09/20/40 |
30,832 | 29,446 |
BHFTII-8
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
U.S. Treasury & Government Agencies(Continued)
Security Description | Principal Amount* |
Value | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Ginnie Mae II 30 Yr. Pool |
||||||||
4.000%, 10/20/40 |
359,129 | $ | 342,982 | |||||
4.000%, 11/20/40 |
200,522 | 191,508 | ||||||
4.000%, 12/20/40 |
759,227 | 725,084 | ||||||
4.000%, 01/20/41 |
678,010 | 644,969 | ||||||
4.000%, 02/20/41 |
12,114 | 11,569 | ||||||
4.000%, 07/20/43 |
70,400 | 67,205 | ||||||
4.000%, 08/20/44 |
277,999 | 264,660 | ||||||
4.000%, 10/20/46 |
50,574 | 47,832 | ||||||
4.000%, 05/20/47 |
180,562 | 171,378 | ||||||
4.000%, 06/20/47 |
468,079 | 444,274 | ||||||
4.000%, 11/20/47 |
534,241 | 507,095 | ||||||
4.000%, 12/20/47 |
261,692 | 248,398 | ||||||
4.000%, 05/20/50 |
533,535 | 505,181 | ||||||
4.000%, TBA (c) |
21,060,500 | 19,665,591 | ||||||
4.500%, 12/20/39 |
27,495 | 27,169 | ||||||
4.500%, 01/20/40 |
33,598 | 33,199 | ||||||
4.500%, 02/20/40 |
27,525 | 27,199 | ||||||
4.500%, 05/20/40 |
1,736 | 1,716 | ||||||
4.500%, 09/20/48 |
297,690 | 288,878 | ||||||
4.500%, 03/20/49 |
1,114,926 | 1,078,005 | ||||||
4.500%, 04/20/49 |
238,230 | 230,567 | ||||||
4.500%, 05/20/49 |
939,855 | 909,583 | ||||||
4.500%, 04/20/50 |
27,108 | 26,282 | ||||||
4.500%, TBA (c) |
2,805,000 | 2,683,474 | ||||||
5.000%, 10/20/33 |
346,657 | 345,547 | ||||||
5.000%, 10/20/39 |
101,182 | 102,754 | ||||||
5.000%, 07/20/42 |
142,497 | 144,906 | ||||||
5.000%, TBA (c) |
2,643,000 | 2,584,911 | ||||||
Government National Mortgage Association |
||||||||
0.537%, 03/16/55 (a) (b) |
1,257,424 | 23,420 | ||||||
0.602%, 09/16/55 (a) (b) |
1,090,081 | 26,202 | ||||||
0.911%, 02/16/50 (a) (b) |
151,902 | 3,879 | ||||||
Uniform Mortgage-Backed Securities 15 Yr. Pool |
||||||||
1.500%, TBA (c) |
11,163,000 | 9,570,884 | ||||||
2.000%, TBA (c) |
31,608,900 | 27,851,675 | ||||||
2.500%, TBA (c) |
8,422,800 | 7,622,059 | ||||||
4.000%, TBA (c) |
775,000 | 747,633 | ||||||
Uniform Mortgage-Backed Securities 30 Yr. Pool |
||||||||
1.500%, TBA (c) |
626,900 | 480,535 | ||||||
2.000%, TBA (c) |
33,815,890 | 27,372,630 | ||||||
4.000%, TBA (c) |
16,594,000 | 15,408,907 | ||||||
4.500%, TBA (c) |
12,980,000 | 12,353,680 | ||||||
5.000%, TBA (c) |
6,265,000 | 6,097,869 | ||||||
|
|
|||||||
853,495,161 | ||||||||
|
|
|||||||
U.S. Treasury16.8% | ||||||||
U.S. Treasury Bonds |
||||||||
1.125%, 05/15/40 (d) |
10,822,000 | 6,762,482 | ||||||
1.125%, 08/15/40 |
10,822,000 | 6,703,722 | ||||||
1.375%, 11/15/40 (d) |
10,822,000 | 6,995,831 | ||||||
U.S. Treasury(Continued) | ||||||||
U.S. Treasury Bonds |
||||||||
2.250%, 08/15/49 |
4,760,000 | 3,480,192 | ||||||
2.500%, 02/15/45 (e) |
20,100,000 | 15,323,894 | ||||||
2.750%, 11/15/47 (e) |
20,100,000 | 16,078,430 | ||||||
2.875%, 05/15/43 |
3,865,000 | 3,185,454 | ||||||
2.875%, 11/15/46 |
3,706,000 | 3,026,470 | ||||||
3.000%, 02/15/48 (e) |
23,806,000 | 20,041,676 | ||||||
3.125%, 02/15/43 |
3,865,000 | 3,322,088 | ||||||
3.625%, 08/15/43 |
3,865,000 | 3,603,962 | ||||||
3.750%, 11/15/43 |
3,865,000 | 3,670,542 | ||||||
4.250%, 05/15/39 |
1,010,000 | 1,052,807 | ||||||
4.375%, 11/15/39 |
1,010,000 | 1,066,536 | ||||||
4.500%, 08/15/39 |
1,010,000 | 1,084,369 | ||||||
U.S. Treasury Notes |
||||||||
0.125%, 03/31/23 |
10,482,000 | 10,289,557 | ||||||
0.125%, 04/30/23 |
10,482,000 | 10,247,383 | ||||||
0.125%, 05/31/23 |
10,482,000 | 10,210,123 | ||||||
0.250%, 04/15/23 |
27,956,000 | 27,413,261 | ||||||
0.375%, 04/30/25 |
41,246,000 | 37,361,465 | ||||||
0.375%, 11/30/25 |
12,344,000 | 10,944,210 | ||||||
0.375%, 12/31/25 |
12,344,000 | 10,915,278 | ||||||
0.500%, 03/15/23 |
27,956,000 | 27,533,384 | ||||||
0.500%, 05/31/27 |
15,364,000 | 13,033,593 | ||||||
0.750%, 05/31/26 |
12,344,000 | 10,901,295 | ||||||
1.250%, 03/31/28 |
5,324,000 | 4,590,494 | ||||||
1.250%, 04/30/28 |
5,324,000 | 4,580,512 | ||||||
1.250%, 05/31/28 |
5,324,000 | 4,571,569 | ||||||
1.500%, 10/31/24 |
41,246,000 | 39,003,249 | ||||||
1.500%, 08/15/26 |
10,766,000 | 9,737,342 | ||||||
1.500%, 02/15/30 |
5,471,000 | 4,643,084 | ||||||
1.625%, 08/15/29 |
2,246,000 | 1,936,912 | ||||||
1.625%, 05/15/31 |
1,989,000 | 1,669,517 | ||||||
1.750%, 07/31/24 |
14,357,000 | 13,721,591 | ||||||
1.750%, 12/31/24 |
41,246,000 | 39,080,585 | ||||||
2.000%, 02/15/25 |
9,276,000 | 8,802,054 | ||||||
2.000%, 11/15/26 |
15,364,000 | 14,108,473 | ||||||
2.125%, 12/31/22 |
7,432,000 | 7,406,776 | ||||||
2.125%, 07/31/24 |
7,432,000 | 7,150,107 | ||||||
2.125%, 05/15/25 |
8,178,000 | 7,746,419 | ||||||
2.250%, 08/15/27 (d) |
22,796,000 | 20,954,511 | ||||||
2.375%, 05/15/29 |
5,471,000 | 4,950,828 | ||||||
2.625%, 02/15/29 |
5,471,000 | 5,041,227 | ||||||
2.750%, 05/31/23 |
7,432,000 | 7,367,260 | ||||||
2.875%, 08/15/28 |
2,236,000 | 2,097,735 | ||||||
2.875%, 05/15/32 |
1,745,500 | 1,613,769 | ||||||
3.125%, 11/15/28 |
4,225,000 | 4,014,575 | ||||||
|
|
|||||||
479,036,593 | ||||||||
|
|
|||||||
Total U.S. Treasury & Government Agencies |
1,332,531,754 | |||||||
|
|
BHFTII-9
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes28.7%
Security Description | Principal Amount* |
Value | ||||||
Advertising0.1% | ||||||||
Clear Channel Outdoor Holdings, Inc. |
||||||||
5.125%, 08/15/27 (144A) |
640,000 | $ | 540,632 | |||||
Interpublic Group of Cos., Inc. (The) |
||||||||
4.750%, 03/30/30 |
861,000 | 787,002 | ||||||
Lamar Media Corp. |
||||||||
3.750%, 02/15/28 |
54,000 | 47,170 | ||||||
Outfront Media Capital LLC / Outfront Media Capital Corp. |
||||||||
4.625%, 03/15/30 (144A) |
42,000 | 32,724 | ||||||
5.000%, 08/15/27 (144A) |
583,000 | 509,279 | ||||||
|
|
|||||||
1,916,807 | ||||||||
|
|
|||||||
Aerospace/Defense0.7% | ||||||||
BAE Systems plc |
||||||||
3.400%, 04/15/30 (144A) |
2,840,000 | 2,459,556 | ||||||
Boeing Co. (The) |
||||||||
3.950%, 08/01/59 |
1,135,000 | 705,120 | ||||||
General Dynamics Corp. |
||||||||
3.625%, 04/01/30 |
757,000 | 692,531 | ||||||
L3Harris Technologies, Inc. |
||||||||
1.800%, 01/15/31 |
3,226,000 | 2,413,252 | ||||||
4.400%, 06/15/28 |
3,389,000 | 3,184,053 | ||||||
Lockheed Martin Corp. |
||||||||
3.600%, 03/01/35 |
1,732,000 | 1,476,571 | ||||||
Northrop Grumman Corp. |
||||||||
4.030%, 10/15/47 |
609,000 | 484,084 | ||||||
Raytheon Technologies Corp. |
||||||||
2.375%, 03/15/32 |
230,000 | 180,628 | ||||||
3.030%, 03/15/52 |
1,961,000 | 1,279,342 | ||||||
3.150%, 12/15/24 |
775,000 | 754,206 | ||||||
4.125%, 11/16/28 |
3,374,000 | 3,152,358 | ||||||
4.200%, 12/15/44 |
425,000 | 333,888 | ||||||
4.350%, 04/15/47 |
1,607,000 | 1,337,296 | ||||||
7.000%, 11/01/28 |
1,810,000 | 1,919,875 | ||||||
7.200%, 08/15/27 |
195,000 | 213,033 | ||||||
|
|
|||||||
20,585,793 | ||||||||
|
|
|||||||
Agriculture0.2% | ||||||||
Altria Group, Inc. |
||||||||
3.125%, 06/15/31 (EUR) |
2,110,000 | 1,686,803 | ||||||
3.400%, 02/04/41 |
829,000 | 522,730 | ||||||
3.700%, 02/04/51 |
358,000 | 216,118 | ||||||
3.875%, 09/16/46 |
1,201,000 | 759,379 | ||||||
5.800%, 02/14/39 |
1,659,000 | 1,448,603 | ||||||
BAT Capital Corp. |
||||||||
3.984%, 09/25/50 |
180,000 | 110,116 | ||||||
Philip Morris International, Inc. |
||||||||
1.450%, 08/01/39 (EUR) |
2,000,000 | 1,097,899 | ||||||
Reynolds American, Inc. |
||||||||
5.850%, 08/15/45 |
1,340,000 | 1,051,085 | ||||||
|
|
|||||||
6,892,733 | ||||||||
|
|
|||||||
Airlines0.6% | ||||||||
Air Canada Pass-Through Trust |
||||||||
3.300%, 01/15/30 (144A) |
480,301 | 414,481 | ||||||
3.700%, 01/15/26 (144A) |
6,085 | 5,388 | ||||||
Airlines(Continued) | ||||||||
Allegiant Travel Co. |
||||||||
7.250%, 08/15/27 (144A) |
350,000 | 329,875 | ||||||
8.500%, 02/05/24 (144A) |
892,000 | 881,760 | ||||||
American Airlines Pass-Through Trust |
||||||||
3.000%, 10/15/28 |
1,596,632 | 1,378,354 | ||||||
3.150%, 02/15/32 |
1,041,637 | 868,655 | ||||||
3.200%, 06/15/28 |
408,100 | 354,864 | ||||||
3.575%, 01/15/28 |
128,588 | 114,804 | ||||||
3.600%, 09/22/27 |
224,239 | 200,965 | ||||||
3.650%, 02/15/29 |
295,701 | 260,994 | ||||||
3.850%, 02/15/28 |
629,087 | 508,320 | ||||||
4.400%, 09/22/23 |
1,307,483 | 1,257,347 | ||||||
4.950%, 02/15/25 |
242,285 | 220,298 | ||||||
5.250%, 01/15/24 |
736,329 | 701,572 | ||||||
Avianca Midco 2 Ltd |
||||||||
9.000%, 12/01/28 (144A) |
574,316 | 433,172 | ||||||
Azul Investments LLP |
||||||||
5.875%, 10/26/24 (144A) |
455,000 | 327,654 | ||||||
Delta Air Lines Pass-Through Trust |
||||||||
3.204%, 10/25/25 |
2,258,000 | 2,181,663 | ||||||
Gol Finance S.A. |
||||||||
7.000%, 01/31/25 (144A) |
400,000 | 187,738 | ||||||
Turkish Airlines Pass-Through Trust |
||||||||
4.200%, 03/15/27 (144A) |
758,543 | 638,213 | ||||||
United Airlines Pass-Through Trust |
||||||||
2.700%, 05/01/32 |
527,830 | 421,325 | ||||||
2.875%, 10/07/28 |
406,211 | 351,164 | ||||||
3.100%, 07/07/28 |
122,940 | 104,202 | ||||||
3.450%, 12/01/27 |
163,273 | 143,812 | ||||||
3.500%, 05/01/28 |
605,577 | 501,478 | ||||||
3.500%, 03/01/30 |
218,461 | 191,605 | ||||||
3.650%, 10/07/25 |
52,240 | 45,981 | ||||||
4.000%, 04/11/26 |
184,662 | 168,816 | ||||||
4.150%, 08/25/31 |
202,580 | 182,029 | ||||||
4.875%, 01/15/26 |
505,460 | 472,085 | ||||||
5.875%, 10/15/27 |
2,877,423 | 2,775,364 | ||||||
|
|
|||||||
16,623,978 | ||||||||
|
|
|||||||
Apparel0.0% | ||||||||
William Carter Co. (The) |
||||||||
5.625%, 03/15/27 (144A) (f) |
42,000 | 39,267 | ||||||
|
|
|||||||
Auto Manufacturers0.5% | ||||||||
Ford Motor Co. |
||||||||
3.250%, 02/12/32 |
397,000 | 285,971 | ||||||
General Motors Co. |
||||||||
5.400%, 10/15/29 |
1,923,000 | 1,773,096 | ||||||
General Motors Financial Co., Inc. |
||||||||
2.400%, 10/15/28 (f) |
553,000 | 437,050 | ||||||
2.700%, 06/10/31 |
2,620,000 | 1,923,301 | ||||||
3.100%, 01/12/32 (f) |
2,181,000 | 1,644,979 | ||||||
3.700%, 05/09/23 |
2,236,000 | 2,219,794 | ||||||
4.000%, 01/15/25 |
563,000 | 540,866 | ||||||
5.000%, 04/09/27 |
1,271,000 | 1,204,792 | ||||||
Hyundai Capital America |
||||||||
1.000%, 09/17/24 (144A) |
1,725,000 | 1,575,839 |
BHFTII-10
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Auto Manufacturers(Continued) | ||||||||
Nissan Motor Co., Ltd. |
||||||||
4.810%, 09/17/30 (144A) |
4,555,000 | $ | 3,690,362 | |||||
|
|
|||||||
15,296,050 | ||||||||
|
|
|||||||
Auto Parts & Equipment0.0% | ||||||||
Aptiv plc |
||||||||
3.100%, 12/01/51 |
176,000 | 98,559 | ||||||
Dana, Inc. |
||||||||
4.250%, 09/01/30 (f) |
143,000 | 104,740 | ||||||
Metalsa S.A. de C.V. |
||||||||
3.750%, 05/04/31 |
209,000 | 139,346 | ||||||
Nemak S.A.B. de C.V. |
||||||||
3.625%, 06/28/31 |
209,000 | 140,763 | ||||||
|
|
|||||||
483,408 | ||||||||
|
|
|||||||
Banks7.0% | ||||||||
Banco Mercantil del Norte S.A. |
||||||||
5.875%, 5Y H15 + 4.643%, 01/24/27 (144A) (a) |
300,000 | 245,100 | ||||||
5.875%, 5Y H15 + 4.643%, 01/24/27 (a) |
215,000 | 175,655 | ||||||
6.625%, 10Y H15 + 5.034%, 01/24/32 (144A) (a) |
270,000 | 211,994 | ||||||
6.625%, 10Y H15 + 5.034%, 01/24/32 (a) |
215,000 | 172,430 | ||||||
6.750%, 5Y H15 + 4.967%, 09/27/24 (a) |
215,000 | 199,144 | ||||||
Banco Santander S.A. |
||||||||
1.849%, 03/25/26 |
600,000 | 518,088 | ||||||
Bank of America Corp. |
||||||||
0.981%, SOFR + 0.910%, 09/25/25 (a) |
105,000 | 95,533 | ||||||
1.319%, SOFR + 1.150%, 06/19/26 (a) |
1,642,000 | 1,457,436 | ||||||
1.734%, SOFR + 0.960%, 07/22/27 (a) |
3,782,000 | 3,244,687 | ||||||
1.922%, SOFR + 1.370%, 10/24/31 (a) |
1,613,000 | 1,193,132 | ||||||
2.299%, SOFR + 1.220%, 07/21/32 (a) |
2,800,000 | 2,092,537 | ||||||
2.456%, 3M LIBOR + 0.870%, 10/22/25 (a) |
6,381,000 | 5,974,427 | ||||||
2.551%, SOFR + 1.050%, 02/04/28 (a) |
749,000 | 651,675 | ||||||
2.572%, SOFR + 1.210%, 10/20/32 (a) |
4,820,000 | 3,686,472 | ||||||
2.884%, 3M LIBOR + 1.190%, 10/22/30 (a) |
579,000 | 474,633 | ||||||
2.972%, SOFR + 1.330%, 02/04/33 (a) |
8,324,000 | 6,507,296 | ||||||
2.972%, SOFR + 1.560%, 07/21/52 (a) |
353,000 | 216,502 | ||||||
3.004%, 3M LIBOR + 0.790%, 12/20/23 (a) |
985,000 | 979,770 | ||||||
3.194%, 3M LIBOR + 1.180%, 07/23/30 (a) |
1,585,000 | 1,335,860 | ||||||
3.550%, 3M LIBOR + 0.780%, 03/05/24 (a) |
574,000 | 569,483 | ||||||
3.705%, 3M LIBOR + 1.512%, 04/24/28 (a) |
4,306,000 | 3,918,195 | ||||||
3.824%, 3M LIBOR + 1.575%, 01/20/28 (a) |
1,466,000 | 1,349,367 | ||||||
3.974%, 3M LIBOR + 1.210%, 02/07/30 (a) |
3,000 | 2,670 | ||||||
4.271%, 3M LIBOR + 1.310%, 07/23/29 (a) |
311,000 | 283,568 | ||||||
4.571%, SOFR + 1.830%, 04/27/33 (a) |
8,373,000 | 7,499,584 | ||||||
5.015%, SOFR + 2.160%, 07/22/33 (a) |
7,842,000 | 7,274,651 | ||||||
5.875%, 3M LIBOR + 2.931%, 03/15/28 (a) |
1,153,000 | 988,697 | ||||||
Bank of New York Mellon Corp. (The) |
||||||||
4.625%, 3M LIBOR + 3.131%, 09/20/26 (a) |
629,000 | 554,465 | ||||||
Barclays plc |
||||||||
5.304%, 1Y H15 + 2.300%, 08/09/26 (a) |
491,000 | 471,714 | ||||||
BPCE S.A. |
||||||||
2.700%, 10/01/29 (144A) |
649,000 | 537,337 | ||||||
Citigroup, Inc. |
||||||||
1.462%, SOFR + 0.770%, 06/09/27 (a) |
510,000 | 434,214 | ||||||
Banks(Continued) | ||||||||
Citigroup, Inc. |
||||||||
2.014%, SOFR + 0.694%, 01/25/26 (a) |
2,607,000 | 2,395,667 | ||||||
2.520%, SOFR + 1.177%, 11/03/32 (a) |
1,251,000 | 947,930 | ||||||
2.976%, SOFR + 1.422%, 11/05/30 (a) |
5,319,000 | 4,370,444 | ||||||
3.070%, SOFR + 1.280%, 02/24/28 (a) |
6,957,000 | 6,200,429 | ||||||
3.668%, 3M LIBOR + 1.390%, 07/24/28 (a) |
3,092,000 | 2,783,655 | ||||||
3.785%, SOFR + 1.939%, 03/17/33 (a) |
1,138,000 | 953,937 | ||||||
3.875%, 5Y H15 + 3.417%, 02/18/26 (a) |
2,495,000 | 2,057,452 | ||||||
4.910%, SOFR + 2.086%, 05/24/33 (a)(f) |
1,173,000 | 1,079,155 | ||||||
Citizens Financial Group, Inc. |
||||||||
3.250%, 04/30/30 |
680,000 | 556,217 | ||||||
Credit Suisse AG |
||||||||
3.625%, 09/09/24 |
1,166,000 | 1,112,762 | ||||||
Danske Bank A/S |
||||||||
1.171%, 1Y H15 + 1.030%, 12/08/23 (144A) (a) |
610,000 | 604,355 | ||||||
5.375%, 01/12/24 (144A) |
1,064,000 | 1,058,020 | ||||||
Deutsche Bank AG |
||||||||
1.447%, SOFR + 1.131%, 04/01/25 (a) |
1,650,000 | 1,518,022 | ||||||
Discover Bank |
||||||||
4.250%, 03/13/26 |
725,000 | 685,952 | ||||||
Freedom Mortgage Corp. |
||||||||
8.125%, 11/15/24 (144A) |
734,000 | 642,250 | ||||||
8.250%, 04/15/25 (144A) |
642,000 | 530,444 | ||||||
Goldman Sachs Group, Inc. (The) |
||||||||
0.627%, SOFR + 0.538%, 11/17/23 (a) |
4,152,000 | 4,126,880 | ||||||
0.657%, SOFR + 0.505%, 09/10/24 (a) |
5,491,000 | 5,226,907 | ||||||
0.855%, SOFR + 0.609%, 02/12/26 (a) |
1,751,000 | 1,562,244 | ||||||
1.431%, SOFR + 0.798%, 03/09/27 (a) |
1,729,000 | 1,486,439 | ||||||
2.383%, SOFR + 1.248%, 07/21/32 (a) |
1,473,000 | 1,110,621 | ||||||
2.615%, SOFR + 1.281%, 04/22/32 (a) |
1,323,000 | 1,025,494 | ||||||
2.640%, SOFR + 1.114%, 02/24/28 (a) |
8,096,000 | 7,024,406 | ||||||
2.650%, SOFR + 1.264%, 10/21/32 (a) |
5,867,000 | 4,496,862 | ||||||
3.102%, SOFR + 1.410%, 02/24/33 (a) |
14,069,000 | 11,174,369 | ||||||
3.500%, 04/01/25 |
11,010,000 | 10,516,784 | ||||||
4.075%, 3M LIBOR + 1.170%, 05/15/26 (a) |
1,602,000 | 1,589,413 | ||||||
Grupo Aval, Ltd. |
||||||||
4.375%, 02/04/30 (144A) |
655,000 | 474,351 | ||||||
HSBC Holdings plc |
||||||||
2.251%, SOFR + 1.100%, 11/22/27 (a) |
1,667,000 | 1,400,595 | ||||||
4.583%, 3M LIBOR + 1.535%, 06/19/29 (a) |
879,000 | 783,526 | ||||||
ING Groep NV |
||||||||
4.625%, 01/06/26 (144A) |
593,000 | 570,342 | ||||||
JPMorgan Chase & Co. |
||||||||
2.182%, SOFR + 1.890%, 06/01/28 (a) |
582,000 | 494,989 | ||||||
2.947%, SOFR + 1.170%, 02/24/28 (a) |
3,453,000 | 3,053,212 | ||||||
2.963%, SOFR + 1.260%, 01/25/33 (a) |
4,244,000 | 3,336,143 | ||||||
3.200%, 06/15/26 |
1,280,000 | 1,188,299 | ||||||
3.540%, 3M LIBOR + 1.380%, 05/01/28 (a) |
2,992,000 | 2,708,984 | ||||||
3.782%, 3M LIBOR + 1.337%, 02/01/28 (a) |
1,510,000 | 1,384,419 | ||||||
3.960%, 3M LIBOR + 1.245%, 01/29/27 (a) |
3,619,000 | 3,414,827 | ||||||
4.032%, 3M LIBOR + 1.460%, 07/24/48 (a) |
791,000 | 600,120 | ||||||
4.565%, SOFR + 1.750%, 06/14/30 (a) |
4,214,000 | 3,883,323 | ||||||
4.912%, SOFR + 2.080%, 07/25/33 (a) |
3,392,000 | 3,127,951 | ||||||
5.717%, SOFR + 2.580%, 09/14/33 (a) |
2,065,000 | 1,952,756 | ||||||
Lloyds Banking Group plc |
||||||||
3.574%, 3M LIBOR + 1.205%, 11/07/28 (a) |
846,000 | 741,937 |
BHFTII-11
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Banks(Continued) | ||||||||
Mitsubishi UFJ Financial Group, Inc. |
||||||||
5.063%, 1Y H15 + 1.550%, 09/12/25 (a) |
1,676,000 | $ | 1,658,378 | |||||
Mizuho Financial Group, Inc. |
||||||||
2.201%, SOFR + 1.772%, 07/10/31 (a) |
1,392,000 | 1,052,619 | ||||||
Morgan Stanley |
||||||||
0.529%, SOFR + 0.455%, 01/25/24 (a) |
845,000 | 831,228 | ||||||
0.560%, SOFR + 0.466%, 11/10/23 (a) |
1,019,000 | 1,013,409 | ||||||
0.731%, SOFR + 0.616%, 04/05/24 (a) |
1,112,000 | 1,085,157 | ||||||
1.593%, SOFR + 0.879%, 05/04/27 (a) |
2,848,000 | 2,460,916 | ||||||
1.794%, SOFR + 1.034%, 02/13/32 (a) |
695,000 | 507,921 | ||||||
1.928%, SOFR + 1.020%, 04/28/32 (a) |
2,996,000 | 2,187,212 | ||||||
2.239%, SOFR + 1.178%, 07/21/32 (a) |
6,217,000 | 4,670,318 | ||||||
2.511%, SOFR + 1.200%, 10/20/32 (a) |
3,074,000 | 2,349,232 | ||||||
2.699%, SOFR + 1.143%, 01/22/31 (a) |
6,493,000 | 5,264,333 | ||||||
2.943%, SOFR + 1.290%, 01/21/33 (a) |
2,065,000 | 1,632,513 | ||||||
3.591%, 3M LIBOR + 1.340%, 07/22/28 (a) |
517,000 | 465,088 | ||||||
4.431%, 3M LIBOR + 1.628%, 01/23/30 (a) |
3,678,000 | 3,381,042 | ||||||
4.889%, SOFR + 2.076%, 07/20/33 (a) |
687,000 | 636,549 | ||||||
NBK Tier 1, Ltd. |
||||||||
3.625%, 6Y CMS + 2.875%, 08/24/26 (144A) (a) |
637,000 | 540,938 | ||||||
Standard Chartered plc |
||||||||
2.608%, 1Y H15 + 1.180%, 01/12/28 (144A) (a) |
630,000 | 533,293 | ||||||
State Street Corp. |
||||||||
5.625%, 3M LIBOR + 2.539%, 12/15/23 (a) (f) |
2,815,000 | 2,596,837 | ||||||
6.890%, 3M LIBOR + 3.597%, 12/15/22 (a) |
280,000 | 277,413 | ||||||
UBS Group AG |
||||||||
4.490%, 1Y H15 + 1.600%, 08/05/25 (144A) (a) |
409,000 | 399,012 | ||||||
Wells Fargo & Co. |
||||||||
3.350%, SOFR + 1.500%, 03/02/33 (a) |
877,000 | 711,219 | ||||||
4.897%, SOFR + 2.100%, 07/25/33 (a) |
5,824,000 | 5,369,341 | ||||||
|
|
|||||||
198,893,168 | ||||||||
|
|
|||||||
Beverages0.2% | ||||||||
Anheuser-Busch Cos. LLC / Anheuser-Busch InBev Worldwide, Inc. |
||||||||
4.700%, 02/01/36 |
2,021,000 | 1,821,411 | ||||||
Anheuser-Busch InBev Finance, Inc. |
||||||||
4.000%, 01/17/43 |
637,000 | 493,245 | ||||||
Anheuser-Busch InBev Worldwide, Inc. |
||||||||
4.750%, 01/23/29 |
2,008,000 | 1,956,111 | ||||||
|
|
|||||||
4,270,767 | ||||||||
|
|
|||||||
Biotechnology0.3% | ||||||||
Amgen, Inc. |
||||||||
3.000%, 01/15/52 |
176,000 | 110,021 | ||||||
4.050%, 08/18/29 |
2,500,000 | 2,300,471 | ||||||
4.200%, 02/22/52 |
25,000 | 19,597 | ||||||
4.400%, 05/01/45 |
1,565,000 | 1,277,709 | ||||||
Biogen, Inc. |
||||||||
2.250%, 05/01/30 |
1,791,000 | 1,410,359 | ||||||
3.150%, 05/01/50 |
996,000 | 641,695 | ||||||
Gilead Sciences, Inc. |
||||||||
2.600%, 10/01/40 |
770,000 | 508,473 | ||||||
2.800%, 10/01/50 |
856,000 | 528,637 | ||||||
4.150%, 03/01/47 |
790,000 | 627,030 | ||||||
4.800%, 04/01/44 |
500,000 | 434,779 | ||||||
Biotechnology(Continued) | ||||||||
Royalty Pharma plc |
||||||||
3.350%, 09/02/51 |
179,000 | 107,931 | ||||||
|
|
|||||||
7,966,702 | ||||||||
|
|
|||||||
Building Materials0.0% | ||||||||
Masonite International Corp. |
||||||||
5.375%, 02/01/28 (144A) |
219,000 | 193,712 | ||||||
Owens Corning |
||||||||
3.875%, 06/01/30 |
459,000 | 400,980 | ||||||
Standard Industries, Inc. |
||||||||
4.750%, 01/15/28 (144A) |
90,000 | 76,039 | ||||||
5.000%, 02/15/27 (144A) |
215,000 | 190,256 | ||||||
|
|
|||||||
860,987 | ||||||||
|
|
|||||||
Chemicals0.2% | ||||||||
Braskem Netherlands Finance B.V. |
||||||||
8.500%, 5Y H15 + 8.220%, 01/23/81 (144A) (a) |
245,000 | 240,835 | ||||||
Celanese U.S. Holdings LLC |
||||||||
5.900%, 07/05/24 |
2,326,000 | 2,293,760 | ||||||
Cheever Escrow Issuer LLC |
||||||||
7.125%, 10/01/27 (144A) |
200,000 | 179,000 | ||||||
Ecolab, Inc. |
||||||||
2.750%, 08/18/55 |
1,068,000 | 660,532 | ||||||
LYB International Finance III LLC |
||||||||
4.200%, 05/01/50 |
813,000 | 583,718 | ||||||
SASOL Financing USA LLC |
||||||||
4.375%, 09/18/26 |
600,000 | 523,491 | ||||||
5.500%, 03/18/31 |
265,000 | 200,075 | ||||||
5.875%, 03/27/24 |
654,000 | 634,118 | ||||||
Sherwin-Williams Co. (The) |
||||||||
2.300%, 05/15/30 |
827,000 | 660,549 | ||||||
Westlake Corp. |
||||||||
3.375%, 08/15/61 |
916,000 | 529,608 | ||||||
|
|
|||||||
6,505,686 | ||||||||
|
|
|||||||
Commercial Services0.8% | ||||||||
AMN Healthcare, Inc. |
||||||||
4.625%, 10/01/27 (144A) |
350,000 | 313,979 | ||||||
Atento Luxco 1 S.A. |
||||||||
8.000%, 02/10/26 (144A) |
347,000 | 146,552 | ||||||
Global Payments, Inc. |
||||||||
1.200%, 03/01/26 |
2,741,000 | 2,359,028 | ||||||
2.150%, 01/15/27 |
1,563,000 | 1,337,449 | ||||||
2.900%, 05/15/30 |
1,302,000 | 1,037,857 | ||||||
3.200%, 08/15/29 |
3,763,000 | 3,135,418 | ||||||
4.800%, 04/01/26 |
2,156,000 | 2,081,553 | ||||||
4.950%, 08/15/27 |
539,000 | 513,527 | ||||||
5.300%, 08/15/29 |
626,000 | 588,719 | ||||||
5.950%, 08/15/52 |
600,000 | 528,622 | ||||||
GXO Logistics, Inc. |
||||||||
1.650%, 07/15/26 |
160,000 | 130,734 | ||||||
2.650%, 07/15/31 |
819,000 | 579,863 | ||||||
Herc Holdings, Inc. |
||||||||
5.500%, 07/15/27 (144A) |
553,000 | 497,700 |
BHFTII-12
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Commercial Services(Continued) | ||||||||
Moodys Corp. |
||||||||
2.000%, 08/19/31 |
784,000 | $ | 596,798 | |||||
3.100%, 11/29/61 |
831,000 | 506,342 | ||||||
3.250%, 01/15/28 |
399,000 | 360,709 | ||||||
3.250%, 05/20/50 |
520,000 | 352,379 | ||||||
4.250%, 08/08/32 |
896,000 | 812,001 | ||||||
Movida Europe S.A. |
||||||||
5.250%, 02/08/31 |
200,000 | 141,851 | ||||||
RELX Capital, Inc. |
||||||||
3.000%, 05/22/30 |
2,387,000 | 2,013,837 | ||||||
4.000%, 03/18/29 |
2,100,000 | 1,928,541 | ||||||
S&P Global, Inc. |
||||||||
4.750%, 08/01/28 (144A) |
1,737,000 | 1,695,282 | ||||||
|
|
|||||||
21,658,741 | ||||||||
|
|
|||||||
Computers0.4% | ||||||||
Apple, Inc. |
||||||||
2.375%, 02/08/41 |
104,000 | 71,983 | ||||||
2.400%, 08/20/50 |
476,000 | 295,428 | ||||||
2.700%, 08/05/51 |
771,000 | 508,896 | ||||||
2.800%, 02/08/61 |
1,783,000 | 1,109,995 | ||||||
3.850%, 05/04/43 |
552,000 | 463,129 | ||||||
3.950%, 08/08/52 |
400,000 | 334,026 | ||||||
4.500%, 02/23/36 (f) |
578,000 | 559,699 | ||||||
Dell International LLC / EMC Corp. |
||||||||
3.450%, 12/15/51 (144A) (f) |
1,097,000 | 623,657 | ||||||
4.900%, 10/01/26 |
783,000 | 754,288 | ||||||
8.350%, 07/15/46 |
91,000 | 98,153 | ||||||
Hewlett Packard Enterprise Co. |
||||||||
6.350%, 10/15/45 |
301,000 | 273,259 | ||||||
HP, Inc. |
||||||||
2.650%, 06/17/31 |
466,000 | 341,951 | ||||||
5.500%, 01/15/33 |
576,000 | 511,154 | ||||||
International Business Machines Corp. |
||||||||
3.430%, 02/09/52 |
1,046,000 | 714,151 | ||||||
4.250%, 05/15/49 |
706,000 | 559,284 | ||||||
Leidos, Inc. |
||||||||
2.300%, 02/15/31 |
1,565,000 | 1,159,540 | ||||||
4.375%, 05/15/30 |
1,715,000 | 1,503,047 | ||||||
Western Digital Corp. |
||||||||
2.850%, 02/01/29 |
1,006,000 | 781,803 | ||||||
|
|
|||||||
10,663,443 | ||||||||
|
|
|||||||
Distribution/Wholesale0.0% | ||||||||
KAR Auction Services, Inc. |
||||||||
5.125%, 06/01/25 (144A) |
97,000 | 93,643 | ||||||
|
|
|||||||
Diversified Financial Services0.4% | ||||||||
ASG Finance Designated Activity Co. |
||||||||
7.875%, 12/03/24 (144A) |
509,000 | 468,535 | ||||||
Capital One Financial Corp. |
||||||||
3.273%, SOFR + 1.790%, 03/01/30 (a) |
1,433,000 | 1,198,177 | ||||||
Charles Schwab Corp. (The) |
||||||||
4.000%, 10Y H15 + 3.079%, 12/01/30 (a) |
1,658,000 | 1,217,939 | ||||||
Diversified Financial Services(Continued) | ||||||||
Discover Financial Services |
||||||||
4.100%, 02/09/27 |
612,000 | 562,687 | ||||||
4.500%, 01/30/26 (f) |
490,000 | 464,704 | ||||||
Intercontinental Exchange, Inc. |
||||||||
3.000%, 09/15/60 |
179,000 | 104,917 | ||||||
3.750%, 09/21/28 |
543,000 | 500,157 | ||||||
4.600%, 03/15/33 |
11,000 | 10,246 | ||||||
Nationstar Mortgage Holdings, Inc. |
||||||||
5.125%, 12/15/30 (144A) |
531,000 | 385,081 | ||||||
5.500%, 08/15/28 (144A) |
590,000 | 463,294 | ||||||
5.750%, 11/15/31 (144A) |
251,000 | 184,077 | ||||||
6.000%, 01/15/27 (144A) |
128,000 | 109,280 | ||||||
Navient Corp. |
||||||||
5.875%, 10/25/24 |
223,000 | 211,307 | ||||||
6.750%, 06/25/25 |
236,000 | 220,934 | ||||||
6.750%, 06/15/26 |
233,000 | 211,494 | ||||||
Nomura Holdings, Inc. |
||||||||
2.608%, 07/14/31 |
1,930,000 | 1,431,071 | ||||||
5.099%, 07/03/25 |
735,000 | 723,233 | ||||||
ORIX Corp. |
||||||||
4.000%, 04/13/32 |
201,000 | 176,684 | ||||||
Rocket Mortgage LLC / Rocket Mortgage Co-Issuer, Inc. |
||||||||
3.625%, 03/01/29 (144A) (f) |
564,000 | 434,083 | ||||||
Synchrony Financial |
||||||||
3.700%, 08/04/26 |
16,000 | 14,623 | ||||||
United Wholesale Mortgage LLC |
||||||||
5.500%, 11/15/25 (144A) |
1,640,000 | 1,430,539 | ||||||
|
|
|||||||
10,523,062 | ||||||||
|
|
|||||||
Electric2.4% | ||||||||
AEP Texas, Inc. |
||||||||
3.450%, 01/15/50 |
463,000 | 314,336 | ||||||
3.450%, 05/15/51 |
590,000 | 403,869 | ||||||
3.950%, 06/01/28 |
1,018,000 | 939,531 | ||||||
5.250%, 05/15/52 |
424,000 | 386,901 | ||||||
AEP Transmission Co. LLC |
||||||||
3.150%, 09/15/49 |
730,000 | 495,010 | ||||||
3.650%, 04/01/50 |
1,465,000 | 1,077,320 | ||||||
3.800%, 06/15/49 |
840,000 | 635,448 | ||||||
4.000%, 12/01/46 |
225,000 | 176,221 | ||||||
Alabama Power Co. |
||||||||
3.450%, 10/01/49 |
637,000 | 451,134 | ||||||
3.750%, 03/01/45 |
554,000 | 416,638 | ||||||
Ameren Illinois Co. |
||||||||
3.250%, 03/15/50 |
775,000 | 537,373 | ||||||
American Transmission Systems, Inc. |
||||||||
2.650%, 01/15/32 (144A) |
1,490,000 | 1,169,692 | ||||||
Baltimore Gas & Electric Co. |
||||||||
3.200%, 09/15/49 |
1,655,000 | 1,141,808 | ||||||
3.500%, 08/15/46 |
935,000 | 688,613 | ||||||
3.750%, 08/15/47 |
599,000 | 462,670 | ||||||
4.550%, 06/01/52 |
305,000 | 261,697 | ||||||
Calpine Corp. |
||||||||
4.500%, 02/15/28 (144A) |
3,173,000 | 2,795,381 | ||||||
CenterPoint Energy Houston Electric LLC |
||||||||
2.350%, 04/01/31 |
1,154,000 | 941,493 |
BHFTII-13
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Electric(Continued) | ||||||||
CenterPoint Energy Houston Electric LLC |
||||||||
3.350%, 04/01/51 |
530,000 | $ | 379,966 | |||||
3.600%, 03/01/52 |
425,000 | 317,799 | ||||||
3.950%, 03/01/48 |
406,000 | 324,353 | ||||||
4.250%, 02/01/49 |
373,000 | 312,064 | ||||||
Commonwealth Edison Co. |
||||||||
3.125%, 03/15/51 |
536,000 | 363,026 | ||||||
3.200%, 11/15/49 |
485,000 | 335,764 | ||||||
4.000%, 03/01/48 |
694,000 | 555,915 | ||||||
Consumers Energy Co. |
||||||||
3.100%, 08/15/50 |
445,000 | 300,719 | ||||||
3.500%, 08/01/51 |
615,000 | 452,614 | ||||||
3.750%, 02/15/50 |
1,357,000 | 1,045,265 | ||||||
4.200%, 09/01/52 |
430,000 | 356,544 | ||||||
DTE Electric Co. |
||||||||
3.250%, 04/01/51 |
420,000 | 294,546 | ||||||
3.650%, 03/01/52 |
546,000 | 412,257 | ||||||
4.050%, 05/15/48 |
1,373,000 | 1,118,413 | ||||||
Duke Energy Carolinas LLC |
||||||||
3.200%, 08/15/49 |
1,297,000 | 892,132 | ||||||
3.450%, 04/15/51 (f) |
909,000 | 649,089 | ||||||
3.950%, 03/15/48 |
870,000 | 684,430 | ||||||
Duke Energy Corp. |
||||||||
4.300%, 03/15/28 |
781,000 | 735,170 | ||||||
Duke Energy Florida LLC |
||||||||
1.750%, 06/15/30 |
456,000 | 355,451 | ||||||
2.500%, 12/01/29 |
3,592,000 | 3,035,953 | ||||||
Duke Energy Progress LLC |
||||||||
2.500%, 08/15/50 |
1,216,000 | 719,635 | ||||||
3.450%, 03/15/29 |
1,816,000 | 1,646,561 | ||||||
Edison International |
||||||||
4.950%, 04/15/25 |
523,000 | 512,391 | ||||||
Entergy Louisiana LLC |
||||||||
4.200%, 09/01/48 |
1,310,000 | 1,053,187 | ||||||
4.750%, 09/15/52 |
315,000 | 273,935 | ||||||
Entergy Mississippi LLC |
||||||||
3.850%, 06/01/49 |
382,000 | 286,548 | ||||||
Exelon Corp. |
||||||||
4.100%, 03/15/52 (144A) |
445,000 | 343,332 | ||||||
4.450%, 04/15/46 |
114,000 | 93,052 | ||||||
4.700%, 04/15/50 |
731,000 | 611,330 | ||||||
5.100%, 06/15/45 |
166,000 | 147,869 | ||||||
FirstEnergy Corp. |
||||||||
2.050%, 03/01/25 |
272,000 | 250,424 | ||||||
2.250%, 09/01/30 |
849,000 | 653,161 | ||||||
3.400%, 03/01/50 |
1,030,000 | 674,650 | ||||||
4.400%, 07/15/27 |
1,223,000 | 1,134,797 | ||||||
FirstEnergy Transmission LLC |
||||||||
4.350%, 01/15/25 (144A) |
3,191,000 | 3,076,656 | ||||||
4.550%, 04/01/49 (144A) |
2,814,000 | 2,197,966 | ||||||
Florida Power & Light Co. |
||||||||
2.875%, 12/04/51 |
304,000 | 200,371 | ||||||
3.150%, 10/01/49 |
1,708,000 | 1,203,120 | ||||||
3.700%, 12/01/47 |
440,000 | 342,440 | ||||||
3.950%, 03/01/48 |
1,403,000 | 1,127,865 | ||||||
4.125%, 06/01/48 |
359,000 | 299,597 | ||||||
Generacion Mediterranea S.A./Central Termica Roca S.A. |
||||||||
9.875%, 12/01/27 (144A) |
510,948 | 325,627 | ||||||
Electric(Continued) | ||||||||
Genneia S.A. |
||||||||
8.750%, 09/02/27 (144A) |
84,612 | 77,964 | ||||||
Mid-Atlantic Interstate Transmission LLC |
||||||||
4.100%, 05/15/28 (144A) |
82,000 | 75,946 | ||||||
MidAmerican Energy Co. |
||||||||
3.100%, 05/01/27 |
70,000 | 64,847 | ||||||
3.150%, 04/15/50 |
680,000 | 462,303 | ||||||
3.650%, 04/15/29 |
1,446,000 | 1,333,265 | ||||||
3.650%, 08/01/48 |
494,000 | 373,687 | ||||||
4.250%, 07/15/49 |
687,000 | 571,668 | ||||||
Northern States Power Co. |
||||||||
2.600%, 06/01/51 |
536,000 | 333,291 | ||||||
4.000%, 08/15/45 |
471,000 | 380,204 | ||||||
4.500%, 06/01/52 |
422,000 | 370,905 | ||||||
NRG Energy, Inc. |
||||||||
2.450%, 12/02/27 (144A) |
2,383,000 | 1,950,837 | ||||||
4.450%, 06/15/29 (144A) |
26,000 | 22,552 | ||||||
5.250%, 06/15/29 (144A) |
320,000 | 280,000 | ||||||
5.750%, 01/15/28 |
357,000 | 329,469 | ||||||
NSTAR Electric Co. |
||||||||
3.950%, 04/01/30 |
104,000 | 96,718 | ||||||
Ohio Power Co. |
||||||||
1.625%, 01/15/31 |
1,031,000 | 775,242 | ||||||
4.000%, 06/01/49 |
386,000 | 296,442 | ||||||
4.150%, 04/01/48 |
390,000 | 312,250 | ||||||
Oncor Electric Delivery Co. LLC |
||||||||
3.100%, 09/15/49 |
937,000 | 647,967 | ||||||
3.700%, 11/15/28 |
245,000 | 227,177 | ||||||
3.800%, 06/01/49 |
243,000 | 190,803 | ||||||
4.550%, 09/15/32 (144A) |
971,000 | 933,998 | ||||||
Pacific Gas and Electric Co. |
||||||||
3.500%, 08/01/50 |
183,000 | 111,367 | ||||||
5.900%, 06/15/32 |
656,000 | 598,218 | ||||||
PECO Energy Co. |
||||||||
3.050%, 03/15/51 |
1,079,000 | 727,337 | ||||||
4.375%, 08/15/52 |
529,000 | 448,814 | ||||||
Public Service Electric & Gas Co |
||||||||
2.050%, 08/01/50 |
407,000 | 220,747 | ||||||
3.650%, 09/01/28 |
668,000 | 616,498 | ||||||
Southern California Edison Co. |
||||||||
2.250%, 06/01/30 |
1,858,000 | 1,471,896 | ||||||
2.500%, 06/01/31 |
777,000 | 613,422 | ||||||
Southwestern Public Service Co. |
||||||||
3.150%, 05/01/50 |
1,333,000 | 909,414 | ||||||
Talen Energy Supply LLC |
||||||||
6.625%, 01/15/28 (144A) (g) |
688,000 | 696,600 | ||||||
7.250%, 05/15/27 (144A) (g) |
500,000 | 511,250 | ||||||
Tampa Electric Co. |
||||||||
4.450%, 06/15/49 |
828,000 | 697,678 | ||||||
Trans-Allegheny Interstate Line Co. |
||||||||
3.850%, 06/01/25 (144A) |
2,705,000 | 2,597,052 | ||||||
Virginia Electric & Power Co. |
||||||||
4.000%, 01/15/43 |
1,226,000 | 962,257 | ||||||
Vistra Corp. |
||||||||
7.000%, 5Y H15 + 5.740%, 12/15/26 (144A) (a) |
420,000 | 366,664 | ||||||
Vistra Operations Co. LLC |
||||||||
4.300%, 07/15/29 (144A) |
2,473,000 | 2,107,223 |
BHFTII-14
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Electric(Continued) | ||||||||
Vistra Operations Co. LLC |
||||||||
5.000%, 07/31/27 (144A) |
561,000 | $ | 506,723 | |||||
5.500%, 09/01/26 (144A) |
435,000 | 403,462 | ||||||
5.625%, 02/15/27 (144A) |
563,000 | 527,109 | ||||||
Wisconsin Power & Light Co. |
||||||||
3.950%, 09/01/32 |
316,000 | 285,535 | ||||||
|
|
|||||||
68,877,920 | ||||||||
|
|
|||||||
Electronics0.1% | ||||||||
Agilent Technologies, Inc. |
||||||||
2.100%, 06/04/30 |
2,096,000 | 1,643,449 | ||||||
|
|
|||||||
Energy-Alternate Sources0.0% | ||||||||
SCC Power plc |
||||||||
4.000%, 05/17/32 (144A) (h) |
651,838 | 50,843 | ||||||
8.000%, 12/31/28 (144A) (h) |
1,203,392 | 454,281 | ||||||
|
|
|||||||
505,124 | ||||||||
|
|
|||||||
Engineering & Construction0.0% | ||||||||
HTA Group, Ltd. |
||||||||
7.000%, 12/18/25 (144A) |
205,000 | 177,838 | ||||||
IHS Holding, Ltd. |
||||||||
5.625%, 11/29/26 (144A) |
330,000 | 259,875 | ||||||
Weekley Homes LLC / Weekley Finance Corp. |
||||||||
4.875%, 09/15/28 (144A) |
318,000 | 256,789 | ||||||
|
|
|||||||
694,502 | ||||||||
|
|
|||||||
Entertainment0.2% | ||||||||
Affinity Gaming |
||||||||
6.875%, 12/15/27 (144A) (f) |
353,000 | 287,766 | ||||||
Caesars Entertainment, Inc. |
||||||||
4.625%, 10/15/29 (144A) (f) |
210,000 | 160,457 | ||||||
8.125%, 07/01/27 (144A) (f) |
761,000 | 726,820 | ||||||
CDI Escrow Issuer, Inc. |
||||||||
5.750%, 04/01/30 (144A) |
305,000 | 266,361 | ||||||
Cedar Fair L.P. |
||||||||
5.250%, 07/15/29 |
451,000 | 387,001 | ||||||
Cedar Fair L.P. / Canadas Wonderland Co. / Magnum Management Corp. |
||||||||
5.375%, 04/15/27 (f) |
451,000 | 418,932 | ||||||
Churchill Downs, Inc. |
||||||||
4.750%, 01/15/28 (144A) |
272,000 | 235,301 | ||||||
5.500%, 04/01/27 (144A) |
537,000 | 496,907 | ||||||
Midwest Gaming Borrower LLC / Midwest Gaming Finance Corp. |
||||||||
4.875%, 05/01/29 (144A) |
609,000 | 501,679 | ||||||
Wynn Resorts Finance LLC / Wynn Resorts Capital Corp. |
||||||||
5.125%, 10/01/29 (144A) |
931,000 | 752,434 | ||||||
7.750%, 04/15/25 (144A) |
1,027,000 | 1,003,186 | ||||||
|
|
|||||||
5,236,844 | ||||||||
|
|
|||||||
Environmental Control0.1% | ||||||||
Clean Harbors, Inc. |
||||||||
4.875%, 07/15/27 (144A) |
142,000 | 129,440 | ||||||
Covanta Holding Corp. |
||||||||
4.875%, 12/01/29 (144A) (f) |
265,000 | 214,189 | ||||||
Republic Services, Inc. |
||||||||
3.950%, 05/15/28 |
584,000 | 546,480 | ||||||
Environmental Control(Continued) | ||||||||
Waste Management, Inc. |
||||||||
1.150%, 03/15/28 |
1,656,000 | 1,357,920 | ||||||
Waste Pro USA, Inc. |
||||||||
5.500%, 02/15/26 (144A) |
227,000 | 199,427 | ||||||
|
|
|||||||
2,447,456 | ||||||||
|
|
|||||||
Food0.1% | ||||||||
Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons L.P. / Albertsons LLC |
||||||||
4.875%, 02/15/30 (144A) |
90,000 | 76,141 | ||||||
5.875%, 02/15/28 (144A) |
557,000 | 513,832 | ||||||
BRF GmbH |
||||||||
4.350%, 09/29/26 (144A) |
580,000 | 515,626 | ||||||
Frigorifico Concepcion S.A. |
||||||||
7.700%, 07/21/28 (144A) |
220,000 | 173,800 | ||||||
Performance Food Group, Inc. |
||||||||
5.500%, 10/15/27 (144A) |
490,000 | 445,327 | ||||||
Post Holdings, Inc. |
||||||||
5.500%, 12/15/29 (144A) |
349,000 | 301,711 | ||||||
5.625%, 01/15/28 (144A) |
443,000 | 404,335 | ||||||
|
|
|||||||
2,430,772 | ||||||||
|
|
|||||||
Food Service0.0% | ||||||||
Aramark Services, Inc. |
||||||||
5.000%, 02/01/28 (144A) |
496,000 | 441,792 | ||||||
|
|
|||||||
Forest Products & Paper0.0% | ||||||||
International Paper Co. |
||||||||
6.000%, 11/15/41 |
484,000 | 461,628 | ||||||
Suzano Austria GmbH |
||||||||
3.125%, 01/15/32 |
400,000 | 287,880 | ||||||
3.750%, 01/15/31 |
135,000 | 105,766 | ||||||
5.750%, 07/14/26 (144A) |
200,000 | 195,000 | ||||||
|
|
|||||||
1,050,274 | ||||||||
|
|
|||||||
Gas0.1% | ||||||||
Atmos Energy Corp. |
||||||||
4.125%, 03/15/49 |
368,000 | 296,456 | ||||||
CenterPoint Energy Resources Corp. |
||||||||
1.750%, 10/01/30 |
827,000 | 636,266 | ||||||
ONE Gas, Inc. |
||||||||
2.000%, 05/15/30 |
370,000 | 291,492 | ||||||
Piedmont Natural Gas Co., Inc. |
||||||||
2.500%, 03/15/31 |
810,000 | 638,588 | ||||||
Promigas S.A. ESP / Gases del Pacifico SAC |
||||||||
3.750%, 10/16/29 (144A) |
207,000 | 160,050 | ||||||
|
|
|||||||
2,022,852 | ||||||||
|
|
|||||||
Healthcare-Products0.1% | ||||||||
Medline Borrower L.P. |
||||||||
3.875%, 04/01/29 (144A) |
3,719,000 | 2,981,485 | ||||||
Thermo Fisher Scientific, Inc. |
||||||||
2.000%, 10/15/31 |
723,000 | 569,924 | ||||||
|
|
|||||||
3,551,409 | ||||||||
|
|
BHFTII-15
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Healthcare-Services0.9% | ||||||||
Aetna, Inc. |
||||||||
4.500%, 05/15/42 |
639,000 | $ | 525,955 | |||||
Centene Corp. |
||||||||
2.450%, 07/15/28 |
1,230,000 | 1,001,491 | ||||||
2.625%, 08/01/31 |
836,000 | 630,071 | ||||||
Charles River Laboratories International, Inc. |
||||||||
4.250%, 05/01/28 (144A) |
135,000 | 117,567 | ||||||
HCA, Inc. |
||||||||
2.375%, 07/15/31 |
3,655,000 | 2,703,696 | ||||||
3.500%, 09/01/30 |
3,463,000 | 2,859,468 | ||||||
3.500%, 07/15/51 |
2,356,000 | 1,458,763 | ||||||
3.625%, 03/15/32 (144A) |
2,107,000 | 1,704,641 | ||||||
4.125%, 06/15/29 |
847,000 | 742,810 | ||||||
5.250%, 04/15/25 |
2,285,000 | 2,238,190 | ||||||
5.250%, 06/15/26 |
3,359,000 | 3,245,924 | ||||||
5.375%, 02/01/25 (f) |
807,000 | 797,457 | ||||||
5.500%, 06/15/47 |
341,000 | 288,075 | ||||||
5.875%, 02/01/29 |
68,000 | 66,122 | ||||||
Humana, Inc. |
||||||||
4.875%, 04/01/30 |
291,000 | 279,118 | ||||||
Select Medical Corp. |
||||||||
6.250%, 08/15/26 (144A) (f) |
2,969,000 | 2,793,592 | ||||||
Tenet Healthcare Corp. |
||||||||
4.250%, 06/01/29 (144A) |
857,000 | 709,810 | ||||||
4.375%, 01/15/30 (144A) |
1,496,000 | 1,248,711 | ||||||
4.625%, 06/15/28 (144A) |
92,000 | 80,405 | ||||||
4.875%, 01/01/26 (144A) |
885,000 | 822,404 | ||||||
5.125%, 11/01/27 (144A) |
135,000 | 121,134 | ||||||
UnitedHealth Group, Inc. |
||||||||
4.250%, 06/15/48 |
348,000 | 288,243 | ||||||
4.450%, 12/15/48 |
8,000 | 6,820 | ||||||
4.625%, 07/15/35 |
386,000 | 355,133 | ||||||
4.625%, 11/15/41 |
807,000 | 719,701 | ||||||
|
|
|||||||
25,805,301 | ||||||||
|
|
|||||||
Home Builders0.2% | ||||||||
Ashton Woods USA LLC / Ashton Woods Finance Co. |
||||||||
4.625%, 08/01/29 (144A) |
202,000 | 146,663 | ||||||
4.625%, 04/01/30 (144A) |
496,000 | 355,210 | ||||||
6.625%, 01/15/28 (144A) |
1,207,000 | 1,011,523 | ||||||
Beazer Homes USA, Inc. |
||||||||
7.250%, 10/15/29 (f) |
1,030,000 | 813,700 | ||||||
Brookfield Residential Properties, Inc. / Brookfield Residential U.S. Corp. |
||||||||
5.000%, 06/15/29 (144A) |
265,000 | 196,172 | ||||||
6.250%, 09/15/27 (144A) |
533,000 | 447,416 | ||||||
Forestar Group, Inc. |
||||||||
3.850%, 05/15/26 (144A) (f) |
242,000 | 199,048 | ||||||
5.000%, 03/01/28 (144A) |
659,000 | 528,670 | ||||||
Homes By West Bay LLC |
||||||||
9.500%, 04/30/27 (i)(j) |
1,259,000 | 1,150,474 | ||||||
M/I Homes, Inc. |
||||||||
4.950%, 02/01/28 |
1,010,000 | 841,052 | ||||||
Mattamy Group Corp. |
||||||||
4.625%, 03/01/30 (144A) |
662,000 | 505,566 | ||||||
5.250%, 12/15/27 (144A) (f) |
604,000 | 500,642 | ||||||
Home Builders(Continued) | ||||||||
New Home Co., Inc. (The) |
||||||||
7.250%, 10/15/25 (144A) (f) |
215,000 | 173,320 | ||||||
Tri Pointe Homes, Inc. |
||||||||
5.700%, 06/15/28 |
60,000 | 51,039 | ||||||
|
|
|||||||
6,920,495 | ||||||||
|
|
|||||||
Insurance0.3% | ||||||||
Ambac Assurance Corp. |
||||||||
5.100%, (144A) (k) |
162,922 | 165,366 | ||||||
American International Group, Inc. |
||||||||
4.375%, 06/30/50 |
595,000 | 476,133 | ||||||
4.375%, 01/15/55 |
379,000 | 289,248 | ||||||
4.750%, 04/01/48 |
483,000 | 414,145 | ||||||
Aon Corp. |
||||||||
3.750%, 05/02/29 |
2,253,000 | 2,026,491 | ||||||
4.500%, 12/15/28 |
955,000 | 900,610 | ||||||
Hartford Financial Services Group, Inc. (The) |
||||||||
4.400%, 03/15/48 |
623,000 | 512,444 | ||||||
Marsh & McLennan Cos., Inc. |
||||||||
2.250%, 11/15/30 (f) |
1,712,000 | 1,358,411 | ||||||
Sitka Holdings LLC |
||||||||
8.174%, 3M LIBOR + 4.500%, 07/06/26 (144A) (a) |
920,000 | 879,715 | ||||||
|
|
|||||||
7,022,563 | ||||||||
|
|
|||||||
Internet0.1% | ||||||||
Amazon.com, Inc. |
||||||||
2.500%, 06/03/50 |
1,476,000 | 921,517 | ||||||
3.950%, 04/13/52 |
807,000 | 661,915 | ||||||
Meta Platforms, Inc. |
||||||||
4.450%, 08/15/52 (144A) |
685,000 | 559,016 | ||||||
|
|
|||||||
2,142,448 | ||||||||
|
|
|||||||
Investment Companies0.1% | ||||||||
Blackstone Private Credit Fund |
||||||||
3.250%, 03/15/27 |
857,000 | 709,467 | ||||||
4.000%, 01/15/29 |
1,558,000 | 1,248,036 | ||||||
|
|
|||||||
1,957,503 | ||||||||
|
|
|||||||
Iron/Steel0.1% | ||||||||
Commercial Metals Co. |
||||||||
4.375%, 03/15/32 |
614,000 | 485,060 | ||||||
GUSAP III L.P. |
||||||||
4.250%, 01/21/30 |
292,000 | 256,230 | ||||||
Nucor Corp. |
||||||||
2.700%, 06/01/30 |
568,000 | 466,608 | ||||||
3.950%, 05/01/28 |
701,000 | 644,701 | ||||||
|
|
|||||||
1,852,599 | ||||||||
|
|
|||||||
Lodging0.1% | ||||||||
Full House Resorts, Inc. |
||||||||
8.250%, 02/15/28 (144A) |
253,000 | 227,733 | ||||||
Grupo Posadas S,A.B. de. C.V. |
||||||||
4.000%, 12/30/27 (h) |
128,810 | 92,099 |
BHFTII-16
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Lodging(Continued) | ||||||||
Marriott Ownership Resorts, Inc. |
||||||||
6.125%, 09/15/25 (144A) |
353,000 | $ | 345,159 | |||||
MGM Resorts International |
||||||||
4.625%, 09/01/26 |
35,000 | 30,955 | ||||||
5.500%, 04/15/27 |
59,000 | 53,012 | ||||||
5.750%, 06/15/25 (f) |
59,000 | 56,384 | ||||||
Sonder Holdings, Inc. |
||||||||
11.316%, SOFR + 9.000%, 01/19/27 (a) (i) (j) |
1,415,760 | 1,267,105 | ||||||
Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp. |
||||||||
5.250%, 05/15/27 (144A) (f) |
498,000 | 438,340 | ||||||
5.500%, 03/01/25 (144A) |
1,176,000 | 1,101,030 | ||||||
|
|
|||||||
3,611,817 | ||||||||
|
|
|||||||
Machinery-Diversified0.1% | ||||||||
CNH Industrial Capital LLC |
||||||||
4.200%, 01/15/24 |
2,628,000 | 2,588,525 | ||||||
TK Elevator U.S. Newco, Inc. |
||||||||
5.250%, 07/15/27 (144A) |
926,000 | 787,295 | ||||||
|
|
|||||||
3,375,820 | ||||||||
|
|
|||||||
Media1.2% | ||||||||
CCO Holdings LLC / CCO Holdings Capital Corp. |
||||||||
4.750%, 03/01/30 (144A) |
658,000 | 533,803 | ||||||
5.375%, 06/01/29 (144A) |
569,000 | 498,057 | ||||||
Charter Communications Operating LLC / Charter Communications Operating Capital Corp. |
| |||||||
3.500%, 03/01/42 |
436,000 | 276,647 | ||||||
3.700%, 04/01/51 |
445,000 | 269,692 | ||||||
3.850%, 04/01/61 (f) |
1,842,000 | 1,075,361 | ||||||
3.900%, 06/01/52 |
700,000 | 433,378 | ||||||
3.950%, 06/30/62 |
3,054,000 | 1,811,000 | ||||||
4.400%, 04/01/33 |
889,000 | 736,152 | ||||||
4.400%, 12/01/61 |
849,000 | 540,875 | ||||||
4.800%, 03/01/50 |
855,000 | 616,788 | ||||||
5.125%, 07/01/49 |
2,120,000 | 1,554,038 | ||||||
5.375%, 05/01/47 |
1,617,000 | 1,250,801 | ||||||
5.750%, 04/01/48 |
929,000 | 749,805 | ||||||
6.484%, 10/23/45 |
2,909,000 | 2,561,628 | ||||||
6.834%, 10/23/55 |
994,000 | 905,023 | ||||||
Comcast Corp. |
||||||||
1.500%, 02/15/31 |
933,000 | 700,374 | ||||||
1.950%, 01/15/31 |
2,751,000 | 2,138,312 | ||||||
2.650%, 02/01/30 |
4,194,000 | 3,515,818 | ||||||
2.937%, 11/01/56 |
176,000 | 105,050 | ||||||
2.987%, 11/01/63 |
352,000 | 203,877 | ||||||
3.969%, 11/01/47 |
780,000 | 596,392 | ||||||
4.200%, 08/15/34 |
1,058,000 | 926,747 | ||||||
COX Communications, Inc. |
||||||||
2.950%, 10/01/50 (144A) |
1,239,000 | 736,833 | ||||||
3.150%, 08/15/24 (144A) |
1,381,000 | 1,322,006 | ||||||
CSC Holdings LLC |
||||||||
5.250%, 06/01/24 (f) |
176,000 | 162,800 | ||||||
5.750%, 01/15/30 (144A) |
845,000 | 600,596 | ||||||
7.500%, 04/01/28 (144A) |
387,000 | 315,780 | ||||||
Discovery Communications LLC |
||||||||
1.900%, 03/19/27 (EUR) |
1,804,000 | 1,502,816 | ||||||
4.000%, 09/15/55 (f) |
355,000 | 209,307 | ||||||
Media(Continued) | ||||||||
FactSet Research Systems, Inc. |
||||||||
3.450%, 03/01/32 |
2,369,000 | 1,930,484 | ||||||
Grupo Televisa S.A.B. |
||||||||
6.625%, 01/15/40 |
100,000 | 98,138 | ||||||
iHeartCommunications, Inc. |
||||||||
4.750%, 01/15/28 (144A) |
45,000 | 37,508 | ||||||
5.250%, 08/15/27 (144A) (f) |
324,000 | 276,777 | ||||||
NBCUniversal Media LLC |
||||||||
4.450%, 01/15/43 |
314,000 | 260,669 | ||||||
Nexstar Media, Inc. |
||||||||
4.750%, 11/01/28 (144A) |
433,000 | 368,050 | ||||||
5.625%, 07/15/27 (144A) |
523,000 | 480,798 | ||||||
Paramount Global |
||||||||
4.375%, 03/15/43 |
11,000 | 7,330 | ||||||
4.850%, 07/01/42 |
500,000 | 365,425 | ||||||
5.850%, 09/01/43 |
608,000 | 484,703 | ||||||
6.875%, 04/30/36 |
339,000 | 317,325 | ||||||
Sirius XM Radio, Inc. |
||||||||
5.500%, 07/01/29 (144A) |
544,000 | 489,319 | ||||||
TEGNA, Inc. |
||||||||
4.625%, 03/15/28 (f) |
90,000 | 83,093 | ||||||
5.000%, 09/15/29 (f) |
99,000 | 91,133 | ||||||
Walt Disney Co. (The) |
||||||||
2.750%, 09/01/49 |
1,868,000 | 1,185,166 | ||||||
Ziggo Bond Co. B.V. |
||||||||
6.000%, 01/15/27 (144A) |
178,000 | 148,630 | ||||||
|
|
|||||||
33,474,304 | ||||||||
|
|
|||||||
Mining0.4% | ||||||||
Anglo American Capital plc |
||||||||
2.250%, 03/17/28 (144A) |
608,000 | 499,372 | ||||||
2.625%, 09/10/30 (144A) |
1,887,000 | 1,452,493 | ||||||
2.875%, 03/17/31 (144A) |
617,000 | 477,983 | ||||||
3.875%, 03/16/29 (144A) |
869,000 | 746,744 | ||||||
5.625%, 04/01/30 (144A) |
1,679,000 | 1,588,495 | ||||||
Fresnillo plc |
||||||||
4.250%, 10/02/50 |
218,000 | 149,875 | ||||||
Glencore Funding LLC |
||||||||
1.625%, 04/27/26 (144A) |
913,000 | 789,421 | ||||||
2.500%, 09/01/30 (144A) |
4,272,000 | 3,266,916 | ||||||
Minera Mexico S.A. de C.V. |
||||||||
4.500%, 01/26/50 |
220,000 | 153,102 | ||||||
Newmont Corp. |
||||||||
2.250%, 10/01/30 |
713,000 | 551,541 | ||||||
2.600%, 07/15/32 |
295,000 | 224,922 | ||||||
2.800%, 10/01/29 |
544,000 | 450,329 | ||||||
Vedanta Resources Finance II plc |
||||||||
8.950%, 03/11/25 (144A) |
612,000 | 415,872 | ||||||
|
|
|||||||
10,767,065 | ||||||||
|
|
|||||||
Miscellaneous Manufacturing0.1% | ||||||||
Eaton Corp. |
||||||||
4.700%, 08/23/52 (f) |
193,000 | 169,518 |
BHFTII-17
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Miscellaneous Manufacturing(Continued) | ||||||||
Textron, Inc. |
||||||||
2.450%, 03/15/31 |
446,000 | $ | 342,125 | |||||
3.900%, 09/17/29 |
1,540,000 | 1,361,445 | ||||||
|
|
|||||||
1,873,088 | ||||||||
|
|
|||||||
Oil & Gas1.1% | ||||||||
BP Capital Markets America, Inc. |
||||||||
3.001%, 03/17/52 (f) |
178,000 | 113,947 | ||||||
Cenovus Energy, Inc. |
||||||||
6.750%, 11/15/39 |
24,000 | 23,832 | ||||||
Colgate Energy Partners III LLC |
||||||||
5.875%, 07/01/29 (144A) |
240,000 | 214,231 | ||||||
CrownRock L.P. / CrownRock Finance, Inc. |
||||||||
5.625%, 10/15/25 (144A) |
230,000 | 220,195 | ||||||
Devon Energy Corp. |
||||||||
4.500%, 01/15/30 |
268,000 | 243,936 | ||||||
4.750%, 05/15/42 |
1,898,000 | 1,545,584 | ||||||
5.000%, 06/15/45 (f) |
891,000 | 741,430 | ||||||
5.250%, 10/15/27 |
460,000 | 460,875 | ||||||
5.850%, 12/15/25 |
90,000 | 90,782 | ||||||
5.875%, 06/15/28 |
73,000 | 72,873 | ||||||
8.250%, 08/01/23 |
334,000 | 341,850 | ||||||
Diamondback Energy, Inc. |
||||||||
3.125%, 03/24/31 |
266,000 | 215,761 | ||||||
3.250%, 12/01/26 |
810,000 | 747,008 | ||||||
3.500%, 12/01/29 |
8,290,000 | 7,155,415 | ||||||
4.250%, 03/15/52 |
2,663,000 | 1,944,078 | ||||||
4.400%, 03/24/51 (f) |
4,035,000 | 3,039,514 | ||||||
Earthstone Energy Holdings LLC |
||||||||
8.000%, 04/15/27 (144A) (f) |
1,264,000 | 1,191,320 | ||||||
Ecopetrol S.A. |
||||||||
4.125%, 01/16/25 |
362,000 | 332,135 | ||||||
6.875%, 04/29/30 |
909,000 | 763,480 | ||||||
EQT Corp. |
||||||||
5.700%, 04/01/28 |
315,000 | 308,810 | ||||||
Frontera Energy Corp. |
||||||||
7.875%, 06/21/28 (144A) |
395,000 | 283,413 | ||||||
Hess Corp. |
||||||||
7.125%, 03/15/33 |
242,000 | 253,030 | ||||||
Marathon Petroleum Corp. |
||||||||
4.500%, 04/01/48 |
50,000 | 37,911 | ||||||
5.850%, 12/15/45 |
360,000 | 310,058 | ||||||
Matador Resources Co. |
||||||||
5.875%, 09/15/26 (f) |
94,000 | 90,679 | ||||||
MC Brazil Downstream Trading S.a.r.l. |
||||||||
7.250%, 06/30/31 (144A) |
430,000 | 323,575 | ||||||
Occidental Petroleum Corp. |
||||||||
8.500%, 07/15/27 |
508,000 | 543,662 | ||||||
Odebrecht Offshore Drilling Finance, Ltd. |
||||||||
7.720%, 12/01/26 PIK, (144A) (h) |
253 | 49 | ||||||
OQ SAOC |
||||||||
5.125%, 05/06/28 (144A) |
205,000 | 182,805 | ||||||
Petroleos Mexicanos | ||||||||
4.875%, 01/18/24 |
181,000 | 175,255 | ||||||
Oil & Gas(Continued) | ||||||||
Petroleos Mexicanos |
||||||||
5.500%, 06/27/44 |
98,000 | 51,245 | ||||||
6.700%, 02/16/32 |
298,000 | 209,084 | ||||||
6.750%, 09/21/47 |
134,000 | 74,705 | ||||||
6.875%, 10/16/25 |
224,000 | 210,691 | ||||||
7.190%, 09/12/24 (MXN) |
4,225,600 | 189,488 | ||||||
8.750%, 06/02/29 (144A) |
634,000 | 542,444 | ||||||
Puma International Financing S.A. |
||||||||
5.125%, 10/06/24 (144A) |
258,000 | 238,650 | ||||||
Shelf Drilling Holdings Ltd. |
||||||||
8.875%, 11/15/24 (144A) |
72,000 | 69,840 | ||||||
Shelf Drilling North Sea Holdings, Ltd. |
||||||||
10.250%, 10/31/25 (144A) |
730,000 | 716,193 | ||||||
Shell International Finance B.V. |
||||||||
3.875%, 11/13/28 |
1,634,000 | 1,527,664 | ||||||
Sitio Royalties Corp. |
||||||||
9.880%, SOFR + 6.750%, 09/21/26 (a) |
2,042,000 | 2,001,160 | ||||||
Suncor Energy, Inc. |
||||||||
6.500%, 06/15/38 |
417,000 | 411,116 | ||||||
Sunoco L.P. / Sunoco Finance Corp. |
||||||||
4.500%, 04/30/30 |
1,029,000 | 841,208 | ||||||
Tap Rock Resouces LLC |
||||||||
7.000%, 10/01/26 (144A) |
1,447,000 | 1,322,811 | ||||||
YPF S.A. |
||||||||
7.000%, 12/15/47 (144A) |
255,000 | 126,863 | ||||||
|
|
|||||||
30,500,655 | ||||||||
|
|
|||||||
Packaging & Containers0.1% | ||||||||
Ardagh Metal Packaging Finance U.S.A. LLC / Ardagh Metal Packaging Finance plc |
| |||||||
3.250%, 09/01/28 (144A) (f) |
738,000 | 602,178 | ||||||
Ardagh Packaging Finance plc / Ardagh Holdings USA, Inc. |
||||||||
5.250%, 04/30/25 (144A) (f) |
738,000 | 690,477 | ||||||
5.250%, 08/15/27 (144A) |
210,000 | 131,403 | ||||||
Klabin Austria GmbH |
||||||||
3.200%, 01/12/31 (144A) |
340,000 | 247,098 | ||||||
Trivium Packaging Finance B.V. |
||||||||
5.500%, 08/15/26 (144A) |
317,000 | 283,515 | ||||||
|
|
|||||||
1,954,671 | ||||||||
|
|
|||||||
Pharmaceuticals0.7% | ||||||||
AbbVie, Inc. |
||||||||
4.450%, 05/14/46 |
2,367,000 | 1,923,653 | ||||||
4.500%, 05/14/35 |
2,571,000 | 2,287,283 | ||||||
4.550%, 03/15/35 |
1,709,000 | 1,533,128 | ||||||
4.700%, 05/14/45 |
578,000 | 488,883 | ||||||
Bausch Health Cos., Inc. |
||||||||
5.500%, 11/01/25 (144A) |
176,000 | 139,814 | ||||||
Cigna Corp. |
||||||||
3.400%, 03/01/27 |
1,374,000 | 1,262,953 | ||||||
4.375%, 10/15/28 |
2,847,000 | 2,688,270 | ||||||
CVS Health Corp. |
||||||||
3.750%, 04/01/30 |
2,319,000 | 2,062,159 | ||||||
5.125%, 07/20/45 |
3,030,000 | 2,653,253 |
BHFTII-18
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Pharmaceuticals(Continued) | ||||||||
Pfizer, Inc. |
||||||||
1.750%, 08/18/31 |
1,582,000 | $ | 1,234,622 | |||||
Takeda Pharmaceutical Co., Ltd. |
||||||||
2.050%, 03/31/30 |
3,413,000 | 2,697,926 | ||||||
5.000%, 11/26/28 |
1,477,000 | 1,429,779 | ||||||
Teva Pharmaceutical Finance Netherlands III B.V. |
||||||||
4.100%, 10/01/46 |
179,000 | 106,967 | ||||||
Viatris, Inc. |
||||||||
4.000%, 06/22/50 |
179,000 | 107,148 | ||||||
|
|
|||||||
20,615,838 | ||||||||
|
|
|||||||
Pipelines2.2% | ||||||||
Boardwalk Pipelines L.P. |
||||||||
3.600%, 09/01/32 |
358,000 | 283,083 | ||||||
Buckeye Partners L.P. |
||||||||
3.950%, 12/01/26 (f) |
54,000 | 47,098 | ||||||
4.125%, 03/01/25 (144A) |
219,000 | 200,440 | ||||||
4.350%, 10/15/24 |
500,000 | 470,350 | ||||||
Cameron LNG LLC |
||||||||
3.302%, 01/15/35 (144A) |
2,763,000 | 2,173,077 | ||||||
3.402%, 01/15/38 (144A) |
1,949,000 | 1,548,722 | ||||||
Cheniere Corpus Christi Holdings LLC |
||||||||
2.742%, 12/31/39 |
1,981,000 | 1,428,751 | ||||||
5.125%, 06/30/27 |
4,475,000 | 4,332,763 | ||||||
5.875%, 03/31/25 |
3,428,000 | 3,441,712 | ||||||
7.000%, 06/30/24 |
2,373,000 | 2,413,464 | ||||||
EIG Pearl Holdings Sarl |
||||||||
4.387%, 11/30/46 (144A) |
542,000 | 382,268 | ||||||
Energy Transfer L.P. |
||||||||
3.600%, 02/01/23 |
1,617,000 | 1,610,110 | ||||||
3.900%, 05/15/24 |
1,506,000 | 1,468,281 | ||||||
4.250%, 04/01/24 |
1,319,000 | 1,290,966 | ||||||
5.000%, 05/15/50 |
3,292,000 | 2,573,021 | ||||||
5.350%, 05/15/45 |
690,000 | 554,973 | ||||||
5.400%, 10/01/47 |
801,000 | 648,550 | ||||||
5.950%, 12/01/25 |
1,310,000 | 1,314,288 | ||||||
6.100%, 02/15/42 |
353,000 | 308,449 | ||||||
6.250%, 04/15/49 |
200,000 | 177,425 | ||||||
6.500%, 02/01/42 |
1,104,000 | 1,027,405 | ||||||
Enterprise Products Operating LLC |
||||||||
3.125%, 07/31/29 |
1,089,000 | 938,027 | ||||||
3.200%, 02/15/52 |
290,000 | 185,091 | ||||||
3.300%, 02/15/53 |
451,000 | 293,406 | ||||||
4.850%, 08/15/42 |
646,000 | 547,483 | ||||||
Kinder Morgan Energy Partners L.P. |
||||||||
4.700%, 11/01/42 |
733,000 | 572,441 | ||||||
5.500%, 03/01/44 |
454,000 | 377,388 | ||||||
6.550%, 09/15/40 |
863,000 | 812,448 | ||||||
Kinder Morgan, Inc. |
||||||||
5.450%, 08/01/52 |
1,090,000 | 944,300 | ||||||
Kinetik Holdings L.P. |
||||||||
5.875%, 06/15/30 (144A) |
96,000 | 87,903 | ||||||
NGPL PipeCo LLC |
||||||||
3.250%, 07/15/31 (144A) |
2,923,000 | 2,288,822 | ||||||
4.875%, 08/15/27 (144A) |
990,000 | 921,777 | ||||||
Pipelines(Continued) | ||||||||
Northwest Pipeline LLC |
||||||||
4.000%, 04/01/27 (f) |
2,329,000 | 2,163,300 | ||||||
Sabine Pass Liquefaction LLC |
||||||||
5.625%, 04/15/23 |
1,735,000 | 1,735,917 | ||||||
5.625%, 03/01/25 |
8,409,000 | 8,400,697 | ||||||
5.750%, 05/15/24 |
3,483,000 | 3,495,752 | ||||||
Targa Resources Corp. |
||||||||
6.250%, 07/01/52 |
802,000 | 728,570 | ||||||
Targa Resources Partners L.P. / Targa Resources Partners Finance Corp. |
| |||||||
5.000%, 01/15/28 |
3,253,000 | 3,009,138 | ||||||
Texas Eastern Transmission L.P. |
||||||||
3.500%, 01/15/28 (144A) |
2,123,000 | 1,905,188 | ||||||
Transcontinental Gas Pipe Line Co. LLC |
||||||||
3.950%, 05/15/50 |
1,215,000 | 897,251 | ||||||
4.000%, 03/15/28 |
2,280,000 | 2,091,162 | ||||||
7.850%, 02/01/26 |
927,000 | 984,581 | ||||||
Venture Global Calcasieu Pass LLC |
||||||||
3.875%, 11/01/33 (144A) (f) |
454,000 | 352,985 | ||||||
Williams Cos., Inc. (The) |
||||||||
3.500%, 10/15/51 |
1,115,000 | 741,938 | ||||||
|
|
|||||||
62,170,761 | ||||||||
|
|
|||||||
Real Estate0.1% | ||||||||
Arabian Centres Sukuk II, Ltd. |
||||||||
5.625%, 10/07/26 (144A) |
315,000 | 280,350 | ||||||
Five Point Operating Co. L.P. / Five Point Capital Corp. |
||||||||
7.875%, 11/15/25 (144A) |
794,000 | 631,554 | ||||||
Freed Hotels & Resorts |
||||||||
10.000%, 12/02/23 (144A) (i) (j) |
1,192,000 | 1,144,320 | ||||||
Howard Hughes Corp. (The) |
||||||||
5.375%, 08/01/28 (144A) (f) |
749,000 | 621,670 | ||||||
|
|
|||||||
2,677,894 | ||||||||
|
|
|||||||
Real Estate Investment Trusts1.7% | ||||||||
Alexandria Real Estate Equities, Inc. |
||||||||
2.950%, 03/15/34 (f) |
1,190,000 | 920,082 | ||||||
American Tower Corp. |
||||||||
2.100%, 06/15/30 |
479,000 | 366,907 | ||||||
2.900%, 01/15/30 |
530,000 | 435,664 | ||||||
3.100%, 06/15/50 |
176,000 | 109,591 | ||||||
3.800%, 08/15/29 |
5,125,000 | 4,495,766 | ||||||
3.950%, 03/15/29 |
456,000 | 406,723 | ||||||
Crown Castle, Inc. |
||||||||
2.100%, 04/01/31 |
964,000 | 722,469 | ||||||
2.250%, 01/15/31 |
1,361,000 | 1,039,253 | ||||||
2.500%, 07/15/31 |
891,000 | 686,594 | ||||||
3.100%, 11/15/29 |
2,982,000 | 2,506,061 | ||||||
3.150%, 07/15/23 |
286,000 | 282,133 | ||||||
3.300%, 07/01/30 |
482,000 | 403,594 | ||||||
3.800%, 02/15/28 |
2,217,000 | 2,005,980 | ||||||
4.300%, 02/15/29 |
264,000 | 242,158 | ||||||
Digital Dutch Finco B.V. |
||||||||
1.500%, 03/15/30 (EUR) |
1,550,000 | 1,162,246 | ||||||
Duke Realty L.P. |
||||||||
1.750%, 02/01/31 |
1,944,000 | 1,485,856 |
BHFTII-19
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Real Estate Investment Trusts(Continued) | ||||||||
Equinix, Inc. |
||||||||
2.150%, 07/15/30 |
1,036,000 | $ | 794,262 | |||||
2.500%, 05/15/31 |
664,000 | 511,547 | ||||||
3.200%, 11/18/29 (f) |
2,282,000 | 1,929,157 | ||||||
3.900%, 04/15/32 |
5,336,000 | 4,532,756 | ||||||
GLP Capital L.P. / GLP Financing II, Inc. |
||||||||
3.250%, 01/15/32 |
3,803,000 | 2,858,795 | ||||||
4.000%, 01/15/30 |
3,226,000 | 2,694,158 | ||||||
4.000%, 01/15/31 |
1,836,000 | 1,500,776 | ||||||
5.750%, 06/01/28 |
320,000 | 299,651 | ||||||
Invitation Homes Operating Partnership L.P. |
||||||||
2.300%, 11/15/28 |
93,000 | 74,538 | ||||||
4.150%, 04/15/32 |
521,000 | 440,278 | ||||||
Kimco Realty Corp. |
||||||||
4.600%, 02/01/33 |
312,000 | 281,708 | ||||||
MPT Operating Partnership L.P. / MPT Finance Corp. |
||||||||
5.250%, 08/01/26 |
45,000 | 41,205 | ||||||
National Retail Properties, Inc. |
||||||||
3.500%, 04/15/51 |
1,707,000 | 1,143,363 | ||||||
Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer |
| |||||||
4.875%, 05/15/29 (144A) |
892,000 | 722,520 | ||||||
Prologis L.P. |
||||||||
2.250%, 04/15/30 |
257,000 | 209,923 | ||||||
Realty Income Corp. |
||||||||
3.250%, 01/15/31 |
920,000 | 785,067 | ||||||
RHP Hotel Properties L.P. / RHP Finance Corp. |
||||||||
4.750%, 10/15/27 |
377,000 | 327,990 | ||||||
Service Properties Trust |
||||||||
4.350%, 10/01/24 |
411,000 | 363,842 | ||||||
4.500%, 06/15/23 (f) |
1,350,000 | 1,317,938 | ||||||
4.500%, 03/15/25 |
473,000 | 395,091 | ||||||
5.500%, 12/15/27 |
135,000 | 109,656 | ||||||
7.500%, 09/15/25 (f) |
680,000 | 635,800 | ||||||
VICI Properties L.P. |
||||||||
4.950%, 02/15/30 |
4,339,000 | 3,921,219 | ||||||
5.125%, 05/15/32 |
968,000 | 858,035 | ||||||
5.625%, 05/15/52 |
354,000 | 292,896 | ||||||
VICI Properties L.P. / VICI Note Co., Inc. |
||||||||
3.750%, 02/15/27 (144A) (f) |
1,522,000 | 1,333,059 | ||||||
4.125%, 08/15/30 (144A) |
434,000 | 362,485 | ||||||
4.250%, 12/01/26 (144A) |
683,000 | 616,472 | ||||||
4.500%, 09/01/26 (144A) |
278,000 | 253,877 | ||||||
5.625%, 05/01/24 (144A) |
965,000 | 948,354 | ||||||
5.750%, 02/01/27 (144A) |
530,000 | 499,408 | ||||||
WP Carey, Inc. |
||||||||
2.400%, 02/01/31 |
612,000 | 469,715 | ||||||
XHR L.P. |
||||||||
4.875%, 06/01/29 (144A) |
137,000 | 112,959 | ||||||
|
|
|||||||
48,909,577 | ||||||||
|
|
|||||||
Retail0.1% | ||||||||
1011778 BC ULC / New Red Finance, Inc. |
||||||||
3.875%, 01/15/28 (144A) |
68,000 | 59,174 | ||||||
Dicks Sporting Goods, Inc. |
||||||||
4.100%, 01/15/52 |
179,000 | 110,617 | ||||||
Retail(Continued) | ||||||||
InRetail Consumer |
||||||||
3.250%, 03/22/28 (144A) |
330,000 | 274,725 | ||||||
Lowes Cos., Inc. |
||||||||
1.300%, 04/15/28 |
503,000 | 406,034 | ||||||
2.800%, 09/15/41 |
543,000 | 345,848 | ||||||
3.000%, 10/15/50 |
176,000 | 107,773 | ||||||
3.650%, 04/05/29 |
1,108,000 | 998,511 | ||||||
4.500%, 04/15/30 |
1,303,000 | 1,218,126 | ||||||
4.650%, 04/15/42 |
234,000 | 198,157 | ||||||
SRS Distribution, Inc. |
||||||||
4.625%, 07/01/28 (144A) |
147,000 | 126,271 | ||||||
|
|
|||||||
3,845,236 | ||||||||
|
|
|||||||
Semiconductors1.0% | ||||||||
Applied Materials, Inc. |
||||||||
2.750%, 06/01/50 (f) |
659,000 | 428,904 | ||||||
Broadcom, Inc. |
||||||||
2.600%, 02/15/33 (144A) |
390,000 | 278,547 | ||||||
3.187%, 11/15/36 (144A) |
1,862,000 | 1,273,508 | ||||||
3.419%, 04/15/33 (144A) |
2,743,000 | 2,093,502 | ||||||
3.469%, 04/15/34 (144A) |
2,662,000 | 1,997,176 | ||||||
3.750%, 02/15/51 (144A) (f) |
176,000 | 115,419 | ||||||
4.150%, 11/15/30 |
483,000 | 418,058 | ||||||
4.150%, 04/15/32 (144A) |
905,000 | 756,895 | ||||||
4.300%, 11/15/32 |
1,386,000 | 1,163,734 | ||||||
4.926%, 05/15/37 (144A) |
3,148,000 | 2,595,751 | ||||||
Intel Corp. |
||||||||
3.050%, 08/12/51 (f) |
1,754,000 | 1,126,030 | ||||||
3.734%, 12/08/47 |
1,228,000 | 912,267 | ||||||
KLA Corp. |
||||||||
3.300%, 03/01/50 |
2,803,000 | 1,968,862 | ||||||
5.250%, 07/15/62 |
1,659,000 | 1,524,717 | ||||||
Lam Research Corp. |
||||||||
2.875%, 06/15/50 |
624,000 | 406,858 | ||||||
4.875%, 03/15/49 |
762,000 | 702,684 | ||||||
Micron Technology, Inc. |
||||||||
2.703%, 04/15/32 |
384,000 | 279,443 | ||||||
3.477%, 11/01/51 |
179,000 | 105,883 | ||||||
NXP B.V. / NXP Funding LLC / NXP USA, Inc. |
||||||||
2.500%, 05/11/31 |
4,468,000 | 3,357,732 | ||||||
2.650%, 02/15/32 |
1,064,000 | 798,207 | ||||||
3.250%, 11/30/51 |
179,000 | 106,950 | ||||||
3.400%, 05/01/30 |
2,069,000 | 1,724,281 | ||||||
4.300%, 06/18/29 |
4,553,000 | 4,077,045 | ||||||
5.000%, 01/15/33 |
539,000 | 483,739 | ||||||
TSMC Arizona Corp. |
||||||||
4.250%, 04/22/32 |
798,000 | 734,756 | ||||||
|
|
|||||||
29,430,948 | ||||||||
|
|
|||||||
Shipbuilding0.1% | ||||||||
Huntington Ingalls Industries, Inc. |
||||||||
2.043%, 08/16/28 |
748,000 | 604,990 | ||||||
3.483%, 12/01/27 |
556,000 | 498,619 | ||||||
4.200%, 05/01/30 |
751,000 | 662,653 | ||||||
|
|
|||||||
1,766,262 | ||||||||
|
|
BHFTII-20
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Software0.9% | ||||||||
Autodesk, Inc. |
||||||||
2.400%, 12/15/31 (f) |
951,000 | $ | 739,694 | |||||
3.500%, 06/15/27 |
996,000 | 922,271 | ||||||
Electronic Arts, Inc. |
||||||||
1.850%, 02/15/31 |
643,000 | 495,617 | ||||||
Fidelity National Information Services, Inc. |
||||||||
1.000%, 12/03/28 (EUR) |
1,463,000 | 1,175,368 | ||||||
Fiserv, Inc. |
||||||||
3.500%, 07/01/29 |
1,007,000 | 876,129 | ||||||
Microsoft Corp. |
||||||||
2.525%, 06/01/50 |
256,000 | 167,256 | ||||||
2.921%, 03/17/52 |
1,210,000 | 853,408 | ||||||
Oracle Corp. |
||||||||
3.600%, 04/01/40 |
8,669,000 | 5,883,719 | ||||||
3.600%, 04/01/50 |
2,918,000 | 1,825,800 | ||||||
3.650%, 03/25/41 |
1,317,000 | 894,801 | ||||||
3.850%, 04/01/60 |
176,000 | 106,393 | ||||||
3.900%, 05/15/35 |
2,705,000 | 2,072,261 | ||||||
4.000%, 07/15/46 |
3,603,000 | 2,434,985 | ||||||
4.000%, 11/15/47 |
1,837,000 | 1,230,881 | ||||||
4.125%, 05/15/45 |
41,000 | 28,172 | ||||||
4.375%, 05/15/55 |
1,198,000 | 819,987 | ||||||
Picard Midco, Inc. |
||||||||
6.500%, 03/31/29 (144A) |
1,090,000 | 920,723 | ||||||
Playtika Holding Corp. |
||||||||
4.250%, 03/15/29 (144A) |
161,000 | 128,758 | ||||||
Roper Technologies, Inc. |
||||||||
2.950%, 09/15/29 |
411,000 | 346,001 | ||||||
salesforce.com, Inc. |
||||||||
3.050%, 07/15/61 |
1,365,000 | 851,765 | ||||||
ServiceNow, Inc. |
||||||||
1.400%, 09/01/30 |
2,335,000 | 1,719,168 | ||||||
VMware, Inc. |
||||||||
1.800%, 08/15/28 |
625,000 | 495,487 | ||||||
2.200%, 08/15/31 |
2,535,000 | 1,845,139 | ||||||
|
|
|||||||
26,833,783 | ||||||||
|
|
|||||||
Telecommunications2.1% | ||||||||
Altice France S.A. |
||||||||
5.500%, 01/15/28 (144A) |
356,000 | 281,913 | ||||||
AT&T, Inc. |
| |||||||
Zero Coupon, 11/27/22 (144A) |
8,000,000 | 7,952,091 | ||||||
2.550%, 12/01/33 (f) |
1,959,000 | 1,450,333 | ||||||
3.500%, 09/15/53 |
2,018,000 | 1,344,676 | ||||||
3.550%, 09/15/55 |
2,151,000 | 1,412,854 | ||||||
3.650%, 09/15/59 |
3,187,000 | 2,064,859 | ||||||
4.300%, 02/15/30 |
507,000 | 463,232 | ||||||
4.350%, 03/01/29 |
1,694,000 | 1,583,737 | ||||||
4.500%, 05/15/35 |
5,704,000 | 4,940,083 | ||||||
Axtel S.A.B. de CV |
||||||||
6.375%, 11/14/24 (144A) |
451,000 | 315,537 | ||||||
Connect Finco S.a.r.l. / Connect U.S. Finco LLC |
||||||||
6.750%, 10/01/26 (144A) |
756,000 | 661,161 | ||||||
Digicel Group Holdings, Ltd. |
||||||||
8.000%, 04/01/25 (144A) (h) |
295,601 | 114,105 | ||||||
Telecommunications(Continued) | ||||||||
Digicel International Finance, Ltd. / Digicel Holdings Bermuda, Ltd. |
| |||||||
8.000%, 12/31/26 (144A) |
48,530 | 29,543 | ||||||
8.750%, 05/25/24 (144A) |
121,567 | 111,234 | ||||||
13.000%, 12/31/25 (144A) (h) |
71,453 | 57,078 | ||||||
Juniper Networks, Inc. |
||||||||
2.000%, 12/10/30 |
723,000 | 533,399 | ||||||
Kenbourne Invest S.A. |
||||||||
4.700%, 01/22/28 (144A) |
210,000 | 159,635 | ||||||
6.875%, 11/26/24 (144A) |
499,000 | 469,060 | ||||||
Level 3 Financing, Inc. |
||||||||
4.625%, 09/15/27 (144A) |
90,000 | 74,482 | ||||||
Liquid Telecommunications Financing plc |
||||||||
5.500%, 09/04/26 (144A) |
231,000 | 180,180 | ||||||
Motorola Solutions, Inc. |
||||||||
2.750%, 05/24/31 |
3,752,000 | 2,863,507 | ||||||
4.600%, 05/23/29 |
2,555,000 | 2,352,784 | ||||||
5.500%, 09/01/44 |
1,369,000 | 1,163,645 | ||||||
5.600%, 06/01/32 |
1,115,000 | 1,065,930 | ||||||
Oi S.A. |
||||||||
10.000%, 07/27/25 (h) |
227,000 | 66,965 | ||||||
Rogers Communications, Inc. |
||||||||
3.800%, 03/15/32 (144A) |
2,590,000 | 2,239,965 | ||||||
4.550%, 03/15/52 (144A) |
2,544,000 | 2,029,021 | ||||||
T-Mobile USA, Inc. |
||||||||
2.625%, 04/15/26 |
1,949,000 | 1,766,223 | ||||||
2.625%, 02/15/29 |
765,000 | 631,615 | ||||||
2.875%, 02/15/31 |
1,836,000 | 1,479,522 | ||||||
3.300%, 02/15/51 |
265,000 | 172,647 | ||||||
3.400%, 10/15/52 |
265,000 | 174,950 | ||||||
3.600%, 11/15/60 |
179,000 | 114,882 | ||||||
3.875%, 04/15/30 |
3,276,000 | 2,905,863 | ||||||
Verizon Communications, Inc. | ||||||||
1.500%, 09/18/30 (f) |
4,498,000 | 3,381,354 | ||||||
1.750%, 01/20/31 |
3,557,000 | 2,667,623 | ||||||
2.100%, 03/22/28 |
1,820,000 | 1,536,468 | ||||||
2.355%, 03/15/32 |
2,104,000 | 1,613,402 | ||||||
2.550%, 03/21/31 |
2,118,000 | 1,691,071 | ||||||
2.650%, 11/20/40 |
1,350,000 | 879,871 | ||||||
2.850%, 09/03/41 |
744,000 | 496,069 | ||||||
2.875%, 11/20/50 |
2,190,000 | 1,339,204 | ||||||
2.987%, 10/30/56 |
353,000 | 209,831 | ||||||
3.000%, 11/20/60 |
1,506,000 | 874,691 | ||||||
3.150%, 03/22/30 |
1,457,000 | 1,239,304 | ||||||
3.400%, 03/22/41 |
381,000 | 278,187 | ||||||
3.850%, 11/01/42 |
887,000 | 679,948 | ||||||
4.016%, 12/03/29 |
627,000 | 569,426 | ||||||
|
|
|||||||
60,683,160 | ||||||||
|
|
|||||||
Toys/Games/Hobbies0.0% | ||||||||
Hasbro, Inc. |
||||||||
3.900%, 11/19/29 |
457,000 | 399,700 | ||||||
|
|
|||||||
Transportation0.4% | ||||||||
Burlington Northern Santa Fe LLC |
||||||||
3.300%, 09/15/51 |
1,338,000 | 952,795 | ||||||
4.400%, 03/15/42 |
601,000 | 519,456 |
BHFTII-21
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Transportation(Continued) | ||||||||
Burlington Northern Santa Fe LLC |
||||||||
4.450%, 01/15/53 |
635,000 | $ | 550,323 | |||||
5.400%, 06/01/41 |
65,000 | 63,447 | ||||||
CSX Corp. |
||||||||
2.500%, 05/15/51 |
672,000 | 402,214 | ||||||
4.300%, 03/01/48 |
1,116,000 | 919,257 | ||||||
4.500%, 11/15/52 |
33,000 | 27,718 | ||||||
4.650%, 03/01/68 |
614,000 | 495,625 | ||||||
FedEx Corp. |
||||||||
4.250%, 05/15/30 |
349,000 | 316,424 | ||||||
Norfolk Southern Corp. |
||||||||
3.000%, 03/15/32 (f) |
2,675,000 | 2,236,732 | ||||||
3.050%, 05/15/50 (f) |
1,278,000 | 832,856 | ||||||
3.155%, 05/15/55 |
898,000 | 573,979 | ||||||
4.050%, 08/15/52 |
451,000 | 346,464 | ||||||
4.550%, 06/01/53 |
515,000 | 436,563 | ||||||
Simpar Europe S.A. |
||||||||
5.200%, 01/26/31 (144A) |
520,000 | 366,168 | ||||||
Union Pacific Corp. |
||||||||
3.550%, 05/20/61 |
914,000 | 636,289 | ||||||
3.750%, 02/05/70 |
1,180,000 | 824,813 | ||||||
3.839%, 03/20/60 |
1,513,000 | 1,123,469 | ||||||
3.950%, 08/15/59 |
311,000 | 235,831 | ||||||
Union Pacific Railroad Co. Pass-Through Trust |
||||||||
3.227%, 05/14/26 |
603,761 | 574,766 | ||||||
|
|
|||||||
12,435,189 | ||||||||
|
|
|||||||
Trucking & Leasing0.1% | ||||||||
Penske Truck Leasing Co. L.P. / PTL Finance Corp. |
||||||||
1.200%, 11/15/25 (144A) |
673,000 | 584,720 | ||||||
1.700%, 06/15/26 (144A) |
1,921,000 | 1,652,056 | ||||||
4.000%, 07/15/25 (144A) |
686,000 | 653,817 | ||||||
|
|
|||||||
2,890,593 | ||||||||
|
|
|||||||
Total Corporate Bonds & Notes |
816,093,899 | |||||||
|
|
|||||||
Asset-Backed Securities11.8% | ||||||||
Asset-Backed - Credit Card0.0% | ||||||||
Brex Commercial Charge Card Master Trust |
||||||||
2.090%, 07/15/24 (144A) |
850,000 | 833,720 | ||||||
|
|
|||||||
Asset-Backed - Home Equity0.6% | ||||||||
ACE Securities Corp. Home Equity Loan Trust |
| |||||||
Zero Coupon, 08/15/30 |
614,343 | 465,550 | ||||||
3.344%, 1M LIBOR + 0.260%, 05/25/37 (a) |
1,045,727 | 210,818 | ||||||
Bayview Financial Revolving Asset Trust |
||||||||
4.113%, 1M LIBOR + 1.000%, 05/28/39 (144A) (a) |
3,906,277 | 3,370,720 | ||||||
4.113%, 1M LIBOR + 1.000%, 12/28/40 (144A) (a) |
193,175 | 193,490 | ||||||
Bear Stearns Asset-Backed Securities Trust |
||||||||
3.434%, 1M LIBOR + 0.350%, 04/25/37 (a) |
2,510,988 | 2,421,663 | ||||||
4.809%, 1M LIBOR + 1.725%, 08/25/34 (a) |
17,341 | 16,983 | ||||||
Asset-Backed - Home Equity(Continued) | ||||||||
Citigroup Mortgage Loan Trust |
||||||||
3.284%, 1M LIBOR + 0.200%, 05/25/37 (a) |
1,746,777 | 1,277,724 | ||||||
3.354%, 1M LIBOR + 0.270%, 05/25/37 (a) |
793,463 | 580,662 | ||||||
Countrywide Home Equity Loan Trust |
||||||||
6.155%, 06/25/35 |
52,818 | 63,809 | ||||||
Credit Suisse Mortgage Capital Certificates |
||||||||
2.465%, 09/27/66 (144A) (a) |
4,638,207 | 4,402,219 | ||||||
Home Equity Mortgage Loan Asset-Backed Trust |
||||||||
3.518%, 1M LIBOR + 2.025%, 07/25/34 (a) |
147,021 | 142,678 | ||||||
Home Equity Mortgage Trust |
||||||||
5.867%, 07/25/36 (l) |
483,985 | 59,341 | ||||||
Irwin Home Equity Loan Trust |
||||||||
6.530%, 09/25/37 (144A) (l) |
59,780 | 54,904 | ||||||
MASTR Asset-Backed Securities Trust |
||||||||
3.364%, 1M LIBOR + 0.280%, 05/25/37 (a) |
621,846 | 497,560 | ||||||
3.604%, 1M LIBOR + 0.520%, 06/25/36 (144A) (a) |
368,950 | 331,578 | ||||||
Option One Mortgage Loan Trust |
||||||||
3.294%, 1M LIBOR + 0.210%, 03/25/37 (a) |
930,000 | 715,149 | ||||||
5.820%, 03/25/37 (l) |
876,957 | 729,900 | ||||||
5.866%, 01/25/37 (l) |
2,521,218 | 2,098,765 | ||||||
Yale Mortgage Loan Trust |
||||||||
3.484%, 1M LIBOR + 0.400%, 06/25/37 (144A) (a) |
751,766 | 255,024 | ||||||
|
|
|||||||
17,888,537 | ||||||||
|
|
|||||||
Asset-Backed - Manufactured Housing0.3% | ||||||||
Bank of America Manufactured Housing Contract Trust |
||||||||
7.070%, 02/10/22 (a) |
470,000 | 150,728 | ||||||
7.354%, 12/10/25 (a) |
4,000,000 | 1,055,002 | ||||||
BCMSC Trust |
||||||||
7.575%, 06/15/30 (a) |
1,270,292 | 185,999 | ||||||
7.830%, 06/15/30 (a) |
1,178,847 | 178,420 | ||||||
8.290%, 06/15/30 (a) |
850,435 | 136,277 | ||||||
Cascade MH Asset Trust |
||||||||
4.000%, 11/25/44 (144A) (a) |
1,878,862 | 1,754,329 | ||||||
Conseco Finance Corp. |
||||||||
6.280%, 09/01/30 |
56,184 | 56,274 | ||||||
6.830%, 04/01/30 (a) |
114,415 | 102,898 | ||||||
6.980%, 09/01/30 (a) |
866,796 | 804,737 | ||||||
7.500%, 03/01/30 (a) |
374,397 | 161,252 | ||||||
7.860%, 03/01/30 (a) |
349,602 | 156,468 | ||||||
Conseco Finance Securitizations Corp. |
||||||||
7.960%, 05/01/31 |
881,709 | 295,755 | ||||||
8.060%, 09/01/29 (a) |
586,391 | 136,768 | ||||||
8.200%, 05/01/31 |
1,611,122 | 556,509 | ||||||
Credit Suisse First Boston Mortgage Securities Corp. |
||||||||
8.100%, 09/25/31 (a) |
408,212 | 388,302 | ||||||
Credit-Based Asset Servicing & Securitization LLC |
||||||||
6.250%, 10/25/36 (144A) (l) |
216,238 | 203,916 | ||||||
Greenpoint Manufactured Housing |
||||||||
8.290%, 12/15/29 (a) |
263,715 | 263,307 | ||||||
9.230%, 12/15/29 (a) |
365,091 | 312,593 | ||||||
Lehman ABS Manufactured Housing Contract Trust |
||||||||
6.630%, 04/15/40 (a) |
1,055,991 | 1,050,030 | ||||||
Oakwood Mortgage Investors, Inc. |
||||||||
6.930%, 09/15/31 (a) |
177,316 | 105,572 | ||||||
7.620%, 06/15/32 (a) |
827,150 | 802,498 |
BHFTII-22
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Asset-Backed Securities(Continued)
Security Description | Principal Amount* |
Value | ||||||
Asset-Backed - Manufactured Housing(Continued) | ||||||||
Origen Manufactured Housing Contract Trust |
||||||||
4.018%, 1M LIBOR + 1.200%, 10/15/37 (144A) (a) |
289,137 | $ | 293,407 | |||||
7.820%, 03/15/32 (a) |
242,224 | 216,919 | ||||||
|
|
|||||||
9,367,960 | ||||||||
|
|
|||||||
Asset-Backed - Other9.9% | ||||||||
510 Loan Acquisition Trust |
||||||||
5.107%, 09/25/60 (144A) (l) |
922,855 | 876,856 | ||||||
522 Funding CLO, Ltd. |
||||||||
5.110%, 3M LIBOR + 2.400%, 04/20/30 (144A) (a) |
625,000 | 585,723 | ||||||
6.360%, 3M LIBOR + 3.650%, 04/20/30 (144A) (a) |
360,000 | 326,737 | ||||||
AGL CLO, Ltd. |
||||||||
3.870%, 3M LIBOR + 1.160%, 07/20/34 (144A) (a) |
1,310,000 | 1,252,695 | ||||||
3.882%, 3M LIBOR + 1.150%, 12/02/34 (144A) (a) |
1,330,000 | 1,268,134 | ||||||
AGL Core CLO, Ltd. |
||||||||
3.780%, 3M LIBOR + 1.070%, 04/20/33 (144A) (a) |
860,000 | 832,308 | ||||||
3.860%, 3M LIBOR + 1.150%, 01/20/35 (144A) (a) |
250,000 | 238,093 | ||||||
AIG CLO, Ltd. |
||||||||
3.830%, 3M LIBOR + 1.120%, 04/20/32 (144A) (a) |
250,000 | 243,742 | ||||||
AIMCO CLO |
||||||||
3.612%, 3M LIBOR + 1.100%, 01/15/32 (144A) (a) |
940,000 | 916,416 | ||||||
4.340%, 3M LIBOR + 1.600%, 10/17/34 (144A) (a) |
250,000 | 234,111 | ||||||
Allegro CLO, Ltd. |
||||||||
3.812%, 3M LIBOR + 1.080%, 10/21/28 (144A) (a) |
1,092,861 | 1,075,620 | ||||||
ALM, Ltd. |
||||||||
4.362%, 3M LIBOR + 1.850%, 10/15/29 (144A) (a) |
1,220,000 | 1,178,965 | ||||||
ALME Loan Funding V B.V. |
||||||||
5.410%, 3M EURIBOR + 5.410%, 07/15/31 (144A) (EUR) (a) |
270,000 | 214,690 | ||||||
AMMC CLO, Ltd. |
||||||||
3.833%, 3M LIBOR + 1.050%, 07/24/29 (144A) (a) |
424,170 | 417,359 | ||||||
Anchorage Capital CLO, Ltd. |
||||||||
3.562%, 3M LIBOR + 1.050%, 07/15/30 (144A) (a) |
890,000 | 872,280 | ||||||
3.682%, 3M LIBOR + 1.170%, 07/15/34 (144A) (a) |
1,890,000 | 1,809,775 | ||||||
3.705%, 3M LIBOR + 1.250%, 10/13/30 (144A) (a) |
835,000 | 821,730 | ||||||
3.883%, 3M LIBOR + 1.090%, 01/28/31 (144A) (a) |
830,000 | 816,259 | ||||||
3.962%, 3M LIBOR + 1.450%, 01/15/30 (144A) (a) |
2,410,000 | 2,326,788 | ||||||
4.293%, 3M LIBOR + 1.500%, 01/28/31 (144A) (a) |
1,270,000 | 1,221,407 | ||||||
4.362%, 3M LIBOR + 1.850%, 01/15/30 (144A) (a) |
1,010,000 | 956,749 | ||||||
4.543%, 3M LIBOR + 1.750%, 01/28/31 (144A) (a) |
1,480,000 | 1,408,945 | ||||||
4.569%, 3M LIBOR + 1.800%, 10/27/34 (144A) (a) |
1,050,000 | 985,655 | ||||||
4.605%, 3M LIBOR + 2.150%, 10/13/30 (144A) (a) |
590,000 | 553,950 | ||||||
4.643%, 3M LIBOR + 1.850%, 01/28/31 (144A) (a) |
1,740,000 | 1,614,107 | ||||||
6.293%, 3M LIBOR + 3.500%, 01/28/31 (144A) (a) |
250,000 | 216,607 | ||||||
Antares CLO Trust |
||||||||
4.313%, 3M LIBOR + 1.530%, 07/25/33 (144A) (a) |
1,820,000 | 1,735,252 | ||||||
Apidos CLO |
||||||||
4.210%, 3M LIBOR + 1.500%, 04/20/31 (144A) (a) |
250,000 | 237,391 | ||||||
4.690%, 3M LIBOR + 1.950%, 07/18/29 (144A) (a) |
250,000 | 233,022 | ||||||
Aqua Finance Trust |
||||||||
2.400%, 07/17/46 (144A) |
430,000 | 355,502 | ||||||
Ares CLO, Ltd. |
||||||||
3.682%, 3M LIBOR + 1.170%, 10/15/30 (144A) (a) |
390,000 | 381,850 | ||||||
Asset-Backed - Other(Continued) | ||||||||
Ares European CLO XII DAC |
||||||||
1.747%, 3M EURIBOR + 1.700%, 04/20/32 (144A) (EUR) (a) |
297,000 | 266,128 | ||||||
Ares LII CLO, Ltd. |
||||||||
3.809%, 3M LIBOR + 1.050%, 04/22/31 (144A) (a) |
1,330,000 | 1,291,780 | ||||||
Ares LIX CLO, Ltd. |
||||||||
3.813%, 3M LIBOR + 1.030%, 04/25/34 (144A) (a) |
250,000 | 239,239 | ||||||
Ares LVI CLO, Ltd. |
||||||||
3.943%, 3M LIBOR + 1.160%, 10/25/34 (144A) (a) |
350,000 | 334,886 | ||||||
9.283%, 3M LIBOR + 6.500%, 10/25/34 (144A) (a) |
280,000 | 236,416 | ||||||
ARM Master Trust Corp. |
||||||||
2.430%, 11/15/27 (144A) |
370,000 | 338,228 | ||||||
Armada Euro CLO IV DAC |
||||||||
3.300%, 3M EURIBOR + 3.300%, 07/15/31 (144A) (EUR) (a) |
250,000 | 211,588 | ||||||
Assurant CLO, Ltd. |
||||||||
3.750%, 3M LIBOR + 1.040%, 04/20/31 (144A) (a) |
500,000 | 487,902 | ||||||
Avoca CLO |
||||||||
1.300%, 3M EURIBOR + 1.300%, 04/15/35 (EUR) (a) |
150,000 | 130,432 | ||||||
2.900%, 3M EURIBOR + 2.900%, 04/15/35 (144A) (EUR) (a) |
250,000 | 194,671 | ||||||
Babson CLO, Ltd. |
||||||||
4.110%, 3M LIBOR + 1.400%, 01/20/31 (144A) (a) |
250,000 | 236,979 | ||||||
Bain Capital Credit CLO |
||||||||
4.210%, 3M LIBOR + 1.500%, 07/20/30 (144A) (a) |
250,000 | 235,729 | ||||||
4.338%, 3M LIBOR + 1.600%, 07/19/31 (144A) (a) |
250,000 | 238,747 | ||||||
5.883%, 3M LIBOR + 3.100%, 07/24/34 (144A) (a) |
250,000 | 215,640 | ||||||
Bankers Healthcare Group Securitization Trust |
||||||||
5.170%, 09/17/31 (144A) |
100,000 | 92,370 | ||||||
Bardot CLO, Ltd. |
||||||||
5.759%, 3M LIBOR + 3.000%, 10/22/32 (144A) (a) |
250,000 | 216,605 | ||||||
Barings CLO, Ltd. |
||||||||
3.780%, 3M LIBOR + 1.070%, 04/20/31 (144A) (a) |
250,000 | 243,118 | ||||||
3.900%, 3M LIBOR + 1.190%, 10/20/30 (144A) (a) |
870,000 | 855,146 | ||||||
Battalion CLO, Ltd. |
||||||||
3.692%, 3M LIBOR + 1.180%, 07/15/34 (144A) (a) |
730,000 | 700,159 | ||||||
3.810%, 3M LIBOR + 1.070%, 07/18/30 (144A) (a) |
1,285,000 | 1,257,779 | ||||||
3.953%, 3M LIBOR + 1.170%, 01/25/35 (144A) (a) |
6,220,000 | 5,934,801 | ||||||
4.262%, 3M LIBOR + 1.750%, 10/15/36 (144A) (a) |
298,000 | 277,586 | ||||||
4.290%, 3M LIBOR + 1.550%, 07/18/30 (144A) (a) |
642,000 | 606,977 | ||||||
4.333%, 3M LIBOR + 1.550%, 01/25/35 (144A) (a) |
480,000 | 450,603 | ||||||
4.503%, 3M LIBOR + 1.720%, 04/24/34 (144A) (a) |
250,000 | 234,875 | ||||||
8.860%, 3M LIBOR + 6.150%, 10/20/31 (144A) (a) |
250,000 | 210,475 | ||||||
Benefit Street Partners CLO, Ltd. |
||||||||
3.800%, 3M LIBOR + 1.090%, 04/20/31 (144A) (a) |
1,030,000 | 1,007,162 | ||||||
3.810%, 3M LIBOR + 1.100%, 01/20/31 (144A) (a) |
2,000,000 | 1,954,600 | ||||||
3.900%, 3M LIBOR + 1.190%, 07/20/34 (144A) (a) |
3,800,000 | 3,628,913 | ||||||
4.360%, 3M LIBOR + 1.650%, 07/20/29 (144A) (a) |
290,000 | 280,703 | ||||||
4.512%, 3M LIBOR + 2.000%, 10/15/30 (144A) (a) |
270,000 | 249,439 | ||||||
9.262%, 3M LIBOR + 6.750%, 07/15/34 (144A) (a) |
250,000 | 211,953 | ||||||
BHG Securitization Trust |
||||||||
2.240%, 10/17/34 (144A) |
130,000 | 107,407 | ||||||
BlueMountain CLO, Ltd. |
||||||||
3.772%, 3M LIBOR + 1.260%, 04/15/34 (144A) (a) |
100,000 | 96,712 | ||||||
3.939%, 3M LIBOR + 1.180%, 10/22/30 (144A) (a) |
745,093 | 731,745 | ||||||
4.012%, 3M LIBOR + 1.500%, 07/15/31 (144A) (a) |
660,000 | 628,041 |
BHFTII-23
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Asset-Backed Securities(Continued)
Security Description | Principal Amount* |
Value | ||||||
Asset-Backed - Other(Continued) | ||||||||
BlueMountain CLO, Ltd. |
||||||||
5.234%, 3M LIBOR + 2.250%, 08/20/32 (144A) (a) |
260,000 | $ | 241,785 | |||||
BlueMountain EUR CLO DAC |
||||||||
1.750%, 3M EURIBOR + 1.750%, 10/15/35 (144A) (EUR) (a) |
560,000 | 490,543 | ||||||
Bridge Street CLO II, Ltd. |
||||||||
3.940%, 3M LIBOR + 1.230%, 07/20/34 (144A) (a) |
250,000 | 239,423 | ||||||
Buttermilk Park CLO, Ltd. |
||||||||
3.612%, 3M LIBOR + 1.100%, 10/15/31 (144A) (a) |
250,000 | 244,158 | ||||||
C-BASS Trust |
||||||||
3.404%, 1M LIBOR + 0.320%, 10/25/36 (a) |
168,268 | 115,876 | ||||||
Canyon Capital CLO, Ltd. |
||||||||
3.612%, 3M LIBOR + 1.100%, 04/15/32 (144A) (a) |
460,000 | 446,612 | ||||||
4.212%, 3M LIBOR + 1.700%, 01/15/34 (144A) (a) |
290,000 | 272,513 | ||||||
Carlyle Global Market Strategies CLO, Ltd. |
||||||||
3.710%, 3M LIBOR + 0.970%, 04/17/31 (144A) (a) |
967,060 | 945,665 | ||||||
Carlyle U.S. CLO, Ltd. |
||||||||
3.672%, 3M LIBOR + 1.160%, 07/15/34 (144A) (a) |
610,000 | 584,589 | ||||||
3.692%, 3M LIBOR + 1.180%, 01/15/30 (144A) (a) |
1,550,000 | 1,521,464 | ||||||
3.860%, 3M LIBOR + 1.150%, 10/20/34 (144A) (a) |
710,000 | 680,614 | ||||||
Carrington Mortgage Loan Trust |
||||||||
3.244%, 1M LIBOR + 0.160%, 10/25/36 (a) |
172,088 | 165,111 | ||||||
CarVal CLO, Ltd. |
||||||||
5.910%, 3M LIBOR + 3.200%, 04/20/32 (144A) (a) |
870,000 | 767,752 | ||||||
CBAM, Ltd. |
||||||||
3.960%, 3M LIBOR + 1.250%, 07/20/30 (144A) (a) |
2,000,000 | 1,971,430 | ||||||
Cedar Funding CLO, Ltd. |
||||||||
3.690%, 3M LIBOR + 0.980%, 04/20/31 (144A) (a) |
380,000 | 371,026 | ||||||
3.760%, 3M LIBOR + 1.050%, 04/20/34 (144A) (a) |
3,020,000 | 2,884,251 | ||||||
3.790%, 3M LIBOR + 1.080%, 04/20/34 (144A) (a) |
535,000 | 505,064 | ||||||
3.840%, 3M LIBOR + 1.100%, 07/17/31 (144A) (a) |
770,000 | 752,819 | ||||||
4.060%, 3M LIBOR + 1.350%, 04/20/34 (144A) (a) |
510,000 | 465,564 | ||||||
4.393%, 3M LIBOR + 1.350%, 05/29/32 (144A) (a) |
250,000 | 236,679 | ||||||
Chase Funding Trust |
||||||||
6.333%, 04/25/32 (l) |
67,253 | 66,403 | ||||||
CIFC Funding, Ltd. |
||||||||
3.562%, 3M LIBOR + 1.050%, 07/15/33 (144A) (a) |
1,100,000 | 1,065,757 | ||||||
3.652%, 3M LIBOR + 1.140%, 07/15/34 (144A) (a) |
280,000 | 268,205 | ||||||
3.662%, 3M LIBOR + 1.150%, 07/15/36 (144A) (a) |
250,000 | 239,578 | ||||||
3.740%, 3M LIBOR + 1.000%, 04/18/31 (144A) (a) |
1,289,000 | 1,260,973 | ||||||
3.742%, 3M LIBOR + 1.010%, 04/23/29 (144A) (a) |
1,109,288 | 1,091,424 | ||||||
3.840%, 3M LIBOR + 1.130%, 10/20/34 (144A) (a) |
1,190,000 | 1,139,943 | ||||||
4.369%, 3M LIBOR + 1.600%, 04/27/31 (144A) (a) |
250,000 | 239,234 | ||||||
4.490%, 3M LIBOR + 1.750%, 07/16/30 (144A) (a) |
250,000 | 239,957 | ||||||
Citigroup Mortgage Loan Trust |
||||||||
3.254%, 1M LIBOR + 0.170%, 07/25/45 (a) |
614,251 | 454,868 | ||||||
Clear Creek CLO |
||||||||
3.910%, 3M LIBOR + 1.200%, 10/20/30 (144A) (a) |
250,000 | 245,020 | ||||||
Clontarf Park CLO DAC |
||||||||
3.302%, 3M EURIBOR + 3.050%, 08/05/30 (EUR) (a) |
310,000 | 274,169 | ||||||
Countrywide Asset-Backed Certificates |
||||||||
3.244%, 1M LIBOR + 0.160%, 09/25/46 (a) |
12,141 | 12,072 | ||||||
3.304%, 1M LIBOR + 0.220%, 12/25/25 (a) |
5 | 42 | ||||||
3.344%, 1M LIBOR + 0.260%, 12/25/36 (a) |
289,750 | 263,730 | ||||||
Asset-Backed - Other(Continued) | ||||||||
Countrywide Asset-Backed Certificates |
||||||||
4.493%, 04/25/36 (a) |
814,998 | 695,874 | ||||||
Countrywide Revolving Home Equity Loan Resecuritization Trust |
||||||||
3.118%, 1M LIBOR + 0.300%, 12/15/33 (144A) (a) |
136,023 | 135,207 | ||||||
Countrywide Revolving Home Equity Loan Trust |
||||||||
2.968%, 1M LIBOR + 0.150%, 11/15/36 (a) |
187,435 | 178,344 | ||||||
2.998%, 1M LIBOR + 0.180%, 05/15/35 (a) |
77,100 | 75,475 | ||||||
Credit-Based Asset Servicing & Securitization LLC |
||||||||
3.022%, 12/25/36 (l) |
151,322 | 125,527 | ||||||
Crown Point CLO 10, Ltd. |
||||||||
3.880%, 3M LIBOR + 1.170%, 07/20/34 (144A) (a) |
620,000 | 593,387 | ||||||
CVC Cordatus Loan Fund DAC |
||||||||
1.691%, 3M EURIBOR + 1.300%, 02/22/34 (EUR) (a) |
250,000 | 218,084 | ||||||
Diameter Capital CLO, Ltd. |
||||||||
3.752%, 3M LIBOR + 1.240%, 07/15/36 (144A) (a) |
250,000 | 237,648 | ||||||
Dryden 45 Senior Loan Fund |
||||||||
4.212%, 3M LIBOR + 1.700%, 10/15/30 (144A) (a) |
540,000 | 517,063 | ||||||
Dryden 87 CLO, Ltd. |
||||||||
4.084%, 3M LIBOR + 1.100%, 05/20/34 (144A) (a) |
400,000 | 382,903 | ||||||
Dryden CLO, Ltd. |
||||||||
3.632%, 3M LIBOR + 1.120%, 01/15/31 (144A) (a) |
6,020,000 | 5,919,075 | ||||||
4.104%, 3M LIBOR + 1.120%, 05/20/34 (144A) (a) |
610,000 | 582,762 | ||||||
4.340%, 3M LIBOR + 1.600%, 07/18/30 (144A) (a) |
250,000 | 237,601 | ||||||
Dryden Senior Loan Fund |
||||||||
3.750%, 3M LIBOR + 1.040%, 04/20/34 (144A) (a) |
910,000 | 864,445 | ||||||
4.105%, 3M LIBOR + 1.200%, 08/15/30 (144A) (a) |
2,205,000 | 2,168,973 | ||||||
Eaton Vance CLO, Ltd. |
||||||||
4.712%, 3M LIBOR + 2.200%, 10/15/30 (144A) (a) |
710,000 | 654,558 | ||||||
9.012%, 3M LIBOR + 6.500%, 04/15/31 (144A) (a) |
500,000 | 431,311 | ||||||
Elmwood CLO II, Ltd. |
||||||||
3.860%, 3M LIBOR + 1.150%, 04/20/34 (144A) (a) |
750,000 | 723,763 | ||||||
4.360%, 3M LIBOR + 1.650%, 04/20/34 (144A) (a) |
250,000 | 235,185 | ||||||
9.510%, 3M LIBOR + 6.800%, 04/20/34 (144A) (a) |
250,000 | 210,642 | ||||||
Elmwood CLO X, Ltd. |
||||||||
3.750%, 3M LIBOR + 1.040%, 10/20/34 (144A) (a) |
1,220,000 | 1,177,004 | ||||||
Elmwood CLO, Ltd. |
||||||||
3.860%, 3M LIBOR + 1.150%, 01/20/35 (144A) (a) |
250,000 | 238,949 | ||||||
4.660%, 3M LIBOR + 1.950%, 10/20/34 (144A) (a) |
250,000 | 229,175 | ||||||
Euro-Galaxy CLO |
||||||||
3.395%, 3M EURIBOR + 3.250%, 04/24/34 (144A) (EUR) (a) |
290,000 | 238,132 | ||||||
Fairstone Financial Issuance Trust |
||||||||
3.735%, 10/20/39 (144A) (CAD) |
323,000 | 221,675 | ||||||
Fidelity Grand Harbour CLO DAC |
||||||||
3.600%, 3M EURIBOR + 3.600%, 10/15/34 (144A) (EUR) (a) |
250,000 | 199,564 | ||||||
First Franklin Mortgage Loan Trust |
||||||||
3.234%, 1M LIBOR + 0.150%, 12/25/36 (a) |
1,675,950 | 1,561,631 | ||||||
3.364%, 1M LIBOR + 0.280%, 12/25/36 (a) |
3,944,816 | 1,831,671 | ||||||
3.504%, 1M LIBOR + 0.420%, 12/25/36 (a) |
7,256,735 | 3,385,459 | ||||||
Flatiron CLO, Ltd. |
||||||||
3.692%, TSFR3M + 1.212%, 04/17/31 (144A) (a) |
270,000 | 264,022 | ||||||
3.848%, 3M LIBOR + 1.110%, 07/19/34 (144A) (a) |
2,390,000 | 2,281,843 | ||||||
Foundation Finance Trust |
||||||||
2.190%, 01/15/42 (144A) |
896,451 | 819,376 |
BHFTII-24
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Asset-Backed Securities(Continued)
Security Description | Principal Amount* |
Value | ||||||
Asset-Backed - Other(Continued) | ||||||||
Fremont Home Loan Trust |
||||||||
3.364%, 1M LIBOR + 0.280%, 02/25/37 (a) |
728,245 | $ | 553,062 | |||||
FS Rialto |
||||||||
4.189%, 1M LIBOR + 1.250%, 11/16/36 (144A) (a) |
566,000 | 540,987 | ||||||
Galaxy CLO, Ltd. |
||||||||
3.612%, 3M LIBOR + 1.100%, 07/15/31 (144A) (a) |
250,000 | 244,396 | ||||||
3.940%, 3M LIBOR + 1.200%, 04/16/34 (144A) (a) |
660,000 | 636,121 | ||||||
Generate CLO, Ltd. |
||||||||
3.960%, 3M LIBOR + 1.250%, 10/20/29 (144A) (a) |
609,014 | 600,480 | ||||||
4.460%, 3M LIBOR + 1.750%, 10/20/29 (144A) (a) |
850,000 | 821,723 | ||||||
5.209%, 3M LIBOR + 2.450%, 01/22/35 (144A) (a) |
250,000 | 226,766 | ||||||
6.259%, 3M LIBOR + 3.500%, 01/22/35 (144A) (a) |
250,000 | 222,308 | ||||||
Gilbert Park CLO, Ltd. |
||||||||
5.462%, 3M LIBOR + 2.950%, 10/15/30 (144A) (a) |
861,000 | 772,207 | ||||||
GoldentTree Loan Management U.S. CLO, Ltd. |
||||||||
3.840%, 3M LIBOR + 1.130%, 10/20/34 (144A) (a) |
910,000 | 873,184 | ||||||
Goldman Home Improvement Trust Issuer Trust |
||||||||
1.970%, 06/25/51 (144A) |
403,000 | 351,124 | ||||||
Golub Capital BDC CLO LLC |
||||||||
5.312%, 3M LIBOR + 2.800%, 04/15/33 (144A) (a) |
250,000 | 224,436 | ||||||
Golub Capital Partners CLO 58B, Ltd. |
||||||||
3.963%, 3M LIBOR + 1.180%, 01/25/35 (144A) (a) |
270,000 | 257,090 | ||||||
Gracie Point International Funding |
||||||||
3.964%, 1M LIBOR + 1.400%, 11/01/23 (144A) (a) |
120,000 | 119,220 | ||||||
4.964%, 1M LIBOR + 2.400%, 11/01/23 (144A) (a) |
160,000 | 158,489 | ||||||
Great Lakes CLO, Ltd. |
||||||||
4.072%, 3M LIBOR + 1.560%, 07/15/31 (144A) (a) |
730,000 | 712,705 | ||||||
4.212%, 3M LIBOR + 1.700%, 04/15/33 (144A) (a) |
420,000 | 394,309 | ||||||
Grippen Park CLO, Ltd. |
||||||||
6.010%, 3M LIBOR + 3.300%, 01/20/30 (144A) (a) |
250,000 | 225,647 | ||||||
Gulf Stream Meridian, Ltd. |
||||||||
3.712%, 3M LIBOR + 1.200%, 07/15/34 (144A) (a) |
1,860,000 | 1,782,591 | ||||||
4.312%, 3M LIBOR + 1.800%, 07/15/34 (144A) (a) |
250,000 | 234,811 | ||||||
8.862%, 3M LIBOR + 6.350%, 07/15/34 (144A) (a) |
250,000 | 206,303 | ||||||
Henley CLO DAC |
||||||||
1.495%, 3M EURIBOR + 1.350%, 04/25/34 (EUR) (a) |
100,000 | 86,561 | ||||||
Highbridge Loan Management, Ltd. |
||||||||
3.850%, 3M LIBOR + 1.140%, 04/20/34 (144A) (a) |
1,160,000 | 1,110,104 | ||||||
3.920%, 3M LIBOR + 1.180%, 07/18/29 (144A) (a) |
500,000 | 492,768 | ||||||
Home Partners of America Trust |
||||||||
3.799%, 12/17/26 (144A) |
1,381,067 | 1,187,810 | ||||||
HPS Loan Management, Ltd. |
||||||||
3.832%, 3M LIBOR + 1.000%, 02/05/31 (144A) (a) |
1,380,565 | 1,350,463 | ||||||
ICG U.S. CLO, Ltd. |
||||||||
3.878%, 3M LIBOR + 1.140%, 10/19/28 (144A) (a) |
892,623 | 880,684 | ||||||
Invesco Euro CLO V DAC |
||||||||
3.800%, 3M EURIBOR + 3.800%, 01/15/34 (EUR) (a) |
100,000 | 82,105 | ||||||
Jamestown CLO XII, Ltd. |
||||||||
4.860%, 3M LIBOR + 2.150%, 04/20/32 (144A) (a) |
260,000 | 248,734 | ||||||
Knollwood CDO, Ltd. |
||||||||
5.591%, 3M LIBOR + 3.200%, 01/10/39 (144A) (a) |
1,061,398 | 106 | ||||||
LCM, Ltd. |
||||||||
3.582%, 3M LIBOR + 1.070%, 04/15/31 (144A) (a) |
250,000 | 241,663 | ||||||
3.750%, 3M LIBOR + 1.040%, 10/20/27 (144A) (a) |
370,536 | 367,032 | ||||||
3.780%, 3M LIBOR + 1.070%, 01/20/31 (144A) (a) |
2,590,000 | 2,542,709 | ||||||
Asset-Backed - Other(Continued) | ||||||||
Legacy Mortgage Asset Trust |
||||||||
3.375%, 02/25/59 (144A) (a) |
1,047,383 | 975,569 | ||||||
Lehman ABS Mortgage Loan Trust |
||||||||
3.174%, 1M LIBOR + 0.090%, 06/25/37 (144A) (a) |
133,737 | 94,410 | ||||||
Lendmark Funding Trust |
||||||||
3.090%, 04/20/32 (144A) |
170,000 | 128,964 | ||||||
LoanCore Issuer, Ltd. |
||||||||
3.948%, 1M LIBOR + 1.130%, 05/15/28 (144A) (a) |
8,803 | 8,786 | ||||||
Loanpal Solar Loan, Ltd. |
||||||||
2.290%, 01/20/48 (144A) |
909,058 | 745,627 | ||||||
2.750%, 07/20/47 (144A) |
957,929 | 792,673 | ||||||
Logan CLO, Ltd. |
||||||||
3.870%, 3M LIBOR + 1.160%, 07/20/34 (144A) (a) |
730,000 | 701,201 | ||||||
Long Beach Mortgage Loan Trust |
||||||||
3.384%, 1M LIBOR + 0.300%, 06/25/36 (a) |
475,798 | 238,965 | ||||||
3.404%, 1M LIBOR + 0.320%, 08/25/36 (a) |
537,936 | 226,825 | ||||||
Longfellow Place CLO, Ltd. |
||||||||
4.262%, 3M LIBOR + 1.750%, 04/15/29 (144A) (a) |
250,000 | 244,253 | ||||||
Madison Park Euro Funding DAC |
||||||||
3.200%, 3M EURIBOR + 3.200%, 05/25/34 (144A) (EUR) (a) |
250,000 | 195,570 | ||||||
3.600%, 3M EURIBOR + 3.600%, 07/15/32 (144A) (EUR) (a) |
250,000 | 206,487 | ||||||
Madison Park Funding, Ltd. | ||||||||
4.010%, 3M LIBOR + 1.200%, 07/29/30 (144A) (a) |
2,030,000 | 2,000,060 | ||||||
3.582%, 3M LIBOR + 1.070%, 07/15/33 (144A) (a) |
350,000 | 339,535 | ||||||
3.632%, 3M LIBOR + 1.120%, 07/15/34 (144A) (a) |
790,000 | 757,278 | ||||||
3.672%, 3M LIBOR + 0.940%, 10/21/30 (144A) (a) |
5,000,000 | 4,900,750 | ||||||
3.679%, 3M LIBOR + 0.920%, 01/22/28 (144A) (a) |
1,011,044 | 994,321 | ||||||
3.688%, 3M LIBOR + 0.950%, 04/19/30 (144A) (a) |
1,264,209 | 1,244,872 | ||||||
3.700%, 3M LIBOR + 0.990%, 04/20/32 (144A) (a) |
550,000 | 535,208 | ||||||
3.860%, 3M LIBOR + 1.120%, 07/17/34 (144A) (a) |
860,000 | 821,490 | ||||||
4.409%, 3M LIBOR + 1.650%, 04/22/27 (144A) (a) |
1,119,000 | 1,060,787 | ||||||
4.433%, 3M LIBOR + 1.650%, 04/25/29 (144A) (a) |
250,000 | 239,518 | ||||||
4.769%, 3M LIBOR + 2.000%, 07/27/31 (144A) (a) |
250,000 | 233,135 | ||||||
8.988%, 3M LIBOR + 6.250%, 10/19/34 (144A) (a) |
250,000 | 216,728 | ||||||
Marble Point CLO, Ltd. |
||||||||
3.920%, 3M LIBOR + 1.180%, 12/18/30 (144A) (a) |
580,000 | 569,489 | ||||||
Mariner CLO LLC |
||||||||
3.773%, 3M LIBOR + 0.990%, 07/23/29 (144A) (a) |
245,397 | 241,398 | ||||||
4.283%, 3M LIBOR + 1.500%, 07/23/29 (144A) (a) |
522,000 | 500,474 | ||||||
4.833%, 3M LIBOR + 2.050%, 07/23/29 (144A) (a) |
1,015,000 | 955,686 | ||||||
Mariner Finance Issuance Trust |
||||||||
3.420%, 11/20/36 (144A) |
100,000 | 76,738 | ||||||
3.510%, 07/20/32 (144A) |
560,000 | 528,890 | ||||||
4.010%, 07/20/32 (144A) |
490,000 | 458,030 | ||||||
4.680%, 11/20/36 (144A) |
400,000 | 296,666 | ||||||
Merrill Lynch First Franklin Mortgage Loan Trust |
||||||||
3.564%, 1M LIBOR + 0.240%, 05/25/37 (a) |
7,871,818 | 6,081,680 | ||||||
Mill City Solar Loan, Ltd. |
||||||||
3.690%, 07/20/43 (144A) |
1,115,010 | 1,012,999 | ||||||
Mosaic Solar Loan Trust |
||||||||
2.100%, 04/20/46 (144A) |
160,461 | 138,316 | ||||||
2.880%, 09/20/40 (144A) |
127,293 | 110,376 |
BHFTII-25
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Asset-Backed Securities(Continued)
Security Description | Principal Amount* |
Value | ||||||
Asset-Backed - Other(Continued) | ||||||||
MP CLO, Ltd. |
||||||||
3.960%, 3M LIBOR + 1.250%, 10/20/30 (144A) (a) |
1,010,000 | $ | 988,521 | |||||
Neuberger Berman Loan Advisers CLO, Ltd. |
||||||||
3.552%, 3M LIBOR + 1.040%, 04/15/34 (144A) (a) |
440,000 | 421,034 | ||||||
3.660%, 3M LIBOR + 0.920%, 10/18/30 (144A) (a) |
1,770,000 | 1,733,317 | ||||||
3.840%, 3M LIBOR + 1.100%, 07/16/35 (144A) (a) |
680,000 | 650,610 | ||||||
4.160%, 3M LIBOR + 1.450%, 07/20/31 (144A) (a) |
250,000 | 236,796 | ||||||
Nomura Asset Acceptance Corp. Alternative Loan Trust |
||||||||
3.484%, 1M LIBOR + 0.400%, 10/25/36 (144A) (a) |
79,298 | 88,785 | ||||||
OAK Hill European Credit Partners V Designated Activity Co. |
||||||||
1.942%, 3M EURIBOR + 1.900%, 01/21/35 |
250,000 | 220,604 | ||||||
OCP CLO, Ltd. |
||||||||
3.428%, 3M LIBOR + 1.000%, 04/10/33 (144A) (a) |
250,000 | 241,859 | ||||||
3.800%, 3M LIBOR + 1.090%, 07/20/32 (144A) (a) |
500,000 | 483,729 | ||||||
3.846%, 3M LIBOR + 1.080%, 04/26/31 (144A) (a) |
160,000 | 156,178 | ||||||
3.890%, 3M LIBOR + 1.180%, 12/02/34 (144A) (a) |
330,000 | 315,212 | ||||||
4.166%, 3M LIBOR + 1.400%, 04/26/31 (144A) (a) |
180,000 | 172,475 | ||||||
4.683%, 3M LIBOR + 1.900%, 04/24/29 (144A) (a) |
911,000 | 879,230 | ||||||
4.934%, 3M LIBOR + 1.950%, 11/20/30 (144A) (a) |
250,000 | 229,935 | ||||||
Octagon 54, Ltd. |
||||||||
5.562%, 3M LIBOR + 3.050%, 07/15/34 (144A) (a) |
250,000 | 217,208 | ||||||
Octagon Investment Partners, Ltd. |
||||||||
3.700%, 3M LIBOR + 0.960%, 04/16/31 (144A) (a) |
2,210,000 | 2,155,435 | ||||||
3.760%, 3M LIBOR + 1.020%, 07/17/30 (144A) (a) |
3,370,000 | 3,289,939 | ||||||
3.783%, 3M LIBOR + 1.000%, 01/25/31 (144A) (a) |
3,670,000 | 3,595,389 | ||||||
3.860%, 3M LIBOR + 1.150%, 07/20/34 (144A) (a) |
1,170,000 | 1,114,811 | ||||||
3.900%, 3M LIBOR + 1.190%, 01/20/31 (144A) (a) |
250,000 | 246,089 | ||||||
4.088%, 3M LIBOR + 1.350%, 07/19/30 (144A) (a) |
250,000 | 241,254 | ||||||
4.363%, 3M LIBOR + 1.580%, 07/25/30 (144A) (a) |
250,000 | 237,880 | ||||||
OHA Credit Funding, Ltd. |
||||||||
3.850%, 3M LIBOR + 1.140%, 07/02/35 (144A) (a) |
550,000 | 529,704 | ||||||
3.882%, 3M LIBOR + 1.150%, 04/21/34 (144A) (a) |
2,340,000 | 2,261,816 | ||||||
3.909%, 3M LIBOR + 1.150%, 10/22/36 (144A) (a) |
250,000 | 239,671 | ||||||
4.360%, 3M LIBOR + 1.650%, 07/02/35 (144A) (a) |
343,000 | 322,255 | ||||||
OHA Loan Funding, Ltd. |
||||||||
3.888%, 3M LIBOR + 1.150%, 01/19/37 (144A) (a) |
500,000 | 478,800 | ||||||
3.998%, 3M LIBOR + 1.040%, 05/23/31 (144A) (a) |
5,670,000 | 5,546,887 | ||||||
OneMain Financial Issuance Trust |
||||||||
3.140%, 10/14/36 (144A) |
3,280,000 | 2,914,972 | ||||||
3.840%, 05/14/32 (144A) |
1,500,936 | 1,491,684 | ||||||
Oportun Issuance Trust |
||||||||
1.960%, 05/08/31 (144A) |
170,000 | 150,876 | ||||||
2.180%, 10/08/31 (144A) |
2,500,000 | 2,206,598 | ||||||
2.670%, 10/08/31 (144A) |
1,191,000 | 1,045,226 | ||||||
3.610%, 10/08/31 (144A) |
383,000 | 328,460 | ||||||
3.650%, 05/08/31 (144A) |
100,000 | 90,380 | ||||||
Owl Rock CLO VI, Ltd. |
||||||||
4.977%, 3M LIBOR + 1.450%, 06/21/32 (144A) (a) |
250,000 | 240,107 | ||||||
OZLM Funding, Ltd. |
||||||||
4.009%, 3M LIBOR + 1.250%, 10/22/30 (144A) (a) |
10,503,398 | 10,317,740 | ||||||
OZLM XXII, Ltd. |
||||||||
3.810%, 3M LIBOR + 1.070%, 01/17/31 (144A) (a) |
249,683 | 244,700 | ||||||
Asset-Backed - Other(Continued) | ||||||||
OZLM, Ltd. |
||||||||
3.532%, 3M LIBOR + 1.020%, 04/15/31 (144A) (a) |
520,000 | 506,950 | ||||||
4.610%, 3M LIBOR + 1.900%, 01/20/31 (144A) (a) |
320,000 | 292,913 | ||||||
Palmer Square CLO, Ltd. |
||||||||
3.662%, 3M LIBOR + 1.150%, 01/15/35 (144A) (a) |
250,000 | 239,672 | ||||||
3.738%, 3M LIBOR + 1.000%, 10/17/31 (144A) (a) |
560,000 | 545,241 | ||||||
3.770%, 3M LIBOR + 1.030%, 04/18/31 (144A) (a) |
1,040,000 | 1,016,957 | ||||||
3.840%, 3M LIBOR + 1.100%, 07/16/31 (144A) (a) |
1,240,000 | 1,211,821 | ||||||
3.870%, 3M LIBOR + 1.130%, 01/17/31 (144A) (a) |
1,312,000 | 1,288,517 | ||||||
3.985%, 3M LIBOR + 1.080%, 11/15/31 (144A) (a) |
250,000 | 243,571 | ||||||
4.114%, 3M LIBOR + 1.130%, 05/21/34 (144A) (a) |
4,195,000 | 4,024,964 | ||||||
4.684%, 3M LIBOR + 1.700%, 05/21/34 (144A) (a) |
250,000 | 235,236 | ||||||
8.340%, 3M LIBOR + 5.600%, 07/16/31 (144A) (a) |
250,000 | 212,702 | ||||||
Palmer Square Loan Funding, Ltd. |
||||||||
4.334%, 3M LIBOR + 1.350%, 02/20/28 (144A) (a) |
980,000 | 950,968 | ||||||
7.512%, 3M LIBOR + 5.000%, 10/15/29 (144A) (a) |
270,000 | 224,832 | ||||||
Parallel, Ltd. |
||||||||
4.460%, 3M LIBOR + 1.750%, 07/20/27 (144A) (a) |
350,000 | 338,008 | ||||||
Park Avenue Institutional Advisers CLO, Ltd. |
||||||||
4.145%, 3M LIBOR + 1.240%, 02/14/34 (144A) (a) |
1,050,000 | 1,011,522 | ||||||
4.455%, 3M LIBOR + 1.550%, 02/14/34 (144A) (a) |
730,000 | 677,103 | ||||||
10.010%, 3M LIBOR + 7.300%, 01/20/34 (144A) (a) |
250,000 | 203,707 | ||||||
Pikes Peak CLO |
||||||||
3.880%, 3M LIBOR + 1.170%, 07/20/34 (144A) (a) |
1,180,000 | 1,130,822 | ||||||
3.963%, 3M LIBOR + 1.180%, 07/24/31 (144A) (a) |
250,000 | 245,011 | ||||||
Post CLO, Ltd. |
||||||||
5.690%, 3M LIBOR + 2.950%, 04/16/31 (144A) (a) |
250,000 | 221,866 | ||||||
Pretium Mortgage Credit Partners LLC |
||||||||
2.487%, 07/25/51 (144A) (l) |
1,985,798 | 1,847,558 | ||||||
Prima Capital CRE Securitization, Ltd. |
||||||||
4.000%, 08/24/40 (144A) |
1,740,000 | 1,570,157 | ||||||
4.000%, 08/24/49 (144A) |
241,775 | 227,631 | ||||||
Progress Residential Trust |
||||||||
2.757%, 04/17/38 (144A) |
500,000 | 423,467 | ||||||
3.395%, 04/19/38 (144A) |
967,000 | 825,620 | ||||||
3.407%, 05/17/38 (144A) |
1,340,000 | 1,147,694 | ||||||
3.436%, 05/17/26 (144A) |
1,070,000 | 916,206 | ||||||
3.666%, 12/17/40 (144A) |
348,000 | 277,052 | ||||||
4.053%, 11/17/40 (144A) |
221,000 | 175,014 | ||||||
4.608%, 12/17/40 (144A) |
1,406,000 | 1,157,468 | ||||||
Race Point CLO, Ltd. |
||||||||
3.452%, 3M LIBOR + 0.940%, 10/15/30 (144A) (a) |
789,000 | 773,997 | ||||||
Rad CLO, Ltd. |
||||||||
3.592%, 3M LIBOR + 1.080%, 10/15/31 (144A) (a) |
540,000 | 523,775 | ||||||
3.800%, 3M LIBOR + 1.090%, 01/20/34 (144A) (a) |
250,000 | 242,431 | ||||||
4.062%, 3M LIBOR + 1.550%, 04/15/32 (144A) (a) |
250,000 | 236,109 | ||||||
5.262%, 3M LIBOR + 2.750%, 04/15/32 (144A) (a) |
250,000 | 221,807 | ||||||
5.583%, 3M LIBOR + 2.800%, 04/25/32 (144A) (a) |
250,000 | 239,155 | ||||||
Regatta VI Funding, Ltd. |
||||||||
3.870%, 3M LIBOR + 1.160%, 04/20/34 (144A) (a) |
760,000 | 718,702 | ||||||
Regatta VII Funding, Ltd. |
||||||||
4.677%, 3M LIBOR + 1.150%, 06/20/34 (144A) (a) |
280,000 | 268,239 | ||||||
Regatta XVI Funding, Ltd. |
||||||||
4.562%, 3M LIBOR + 2.050%, 01/15/33 (144A) (a) |
250,000 | 238,315 |
BHFTII-26
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Asset-Backed Securities(Continued)
Security Description | Principal Amount* |
Value | ||||||
Asset-Backed - Other(Continued) | ||||||||
Regional Management Issuance Trust |
||||||||
1.900%, 08/15/33 (144A) |
173,000 | $ | 142,126 | |||||
3.875%, 10/17/33 |
3,710,000 | 3,339,000 | ||||||
Republic Finance Issuance Trust |
||||||||
2.300%, 12/22/31 (144A) |
2,250,000 | 2,022,710 | ||||||
2.800%, 12/22/31 (144A) |
500,000 | 439,032 | ||||||
3.530%, 12/22/31 (144A) |
170,000 | 148,372 | ||||||
Riserva CLO, Ltd. |
||||||||
3.800%, 3M LIBOR + 1.060%, 01/18/34 (144A) (a) |
940,000 | 899,515 | ||||||
Rockford Tower CLO, Ltd. |
||||||||
3.810%, 3M LIBOR + 1.100%, 04/20/34 (144A) (a) |
1,856,000 | 1,757,296 | ||||||
3.880%, 3M LIBOR + 1.170%, 07/20/34 (144A) (a) |
1,260,000 | 1,204,998 | ||||||
3.900%, 3M LIBOR + 1.190%, 10/20/30 (144A) (a) |
3,405,000 | 3,341,568 | ||||||
4.012%, 3M LIBOR + 1.500%, 10/15/29 (144A) (a) |
1,781,000 | 1,694,821 | ||||||
4.360%, 3M LIBOR + 1.650%, 04/20/34 (144A) (a) |
1,160,000 | 1,074,862 | ||||||
4.634%, 3M LIBOR + 1.650%, 08/20/32 (144A) (a) |
250,000 | 232,961 | ||||||
5.362%, 3M LIBOR + 2.850%, 10/15/29 (144A) (a) |
939,000 | 858,620 | ||||||
Romark CLO, Ltd. |
||||||||
5.628%, 3M LIBOR + 3.200%, 07/10/34 (144A) (a) |
310,000 | 268,179 | ||||||
7.428%, 3M LIBOR + 5.000%, 07/10/34 (144A) (a) |
250,000 | 211,967 | ||||||
Romark WM-R, Ltd. |
||||||||
3.740%, 3M LIBOR + 1.030%, 04/20/31 (144A) (a) |
247,404 | 242,032 | ||||||
RR 1 LLC |
||||||||
3.662%, 3M LIBOR + 1.150%, 07/15/35 (144A) (a) |
1,620,000 | 1,553,779 | ||||||
RR, Ltd. |
||||||||
3.602%, 3M LIBOR + 1.090%, 01/15/30 (144A) (a) |
860,000 | 842,613 | ||||||
4.162%, 3M LIBOR + 1.650%, 10/15/31 (144A) (a) |
250,000 | 239,317 | ||||||
RRE 9 Loan Management DAC |
||||||||
1.700%, 3M EURIBOR + 1.700%, 10/15/36 (144A) (EUR) (a) |
560,000 | 490,484 | ||||||
Service Experts Issuer LLC |
||||||||
2.670%, 02/02/32 (144A) |
1,043,613 | 943,128 | ||||||
SG Mortgage Securities Trust |
||||||||
3.294%, 1M LIBOR + 0.210%, 10/25/36 (a) |
570,000 | 431,421 | ||||||
Signal Peak CLO, Ltd. |
||||||||
3.900%, 3M LIBOR + 1.160%, 04/17/34 (144A) (a) |
3,750,000 | 3,600,720 | ||||||
4.210%, 3M LIBOR + 1.500%, 04/20/29 (144A) (a) |
1,412,000 | 1,360,805 | ||||||
4.540%, 3M LIBOR + 1.800%, 04/17/34 (144A) (a) |
490,000 | 457,472 | ||||||
Silver Creek CLO, Ltd. |
||||||||
3.950%, 3M LIBOR + 1.240%, 07/20/30 (144A) (a) |
1,535,423 | 1,510,151 | ||||||
Sixth Street CLO, Ltd |
||||||||
3.810%, 3M LIBOR + 1.100%, 07/20/34 (144A) (a) |
2,890,000 | 2,764,100 | ||||||
Sound Point CLO, Ltd. |
||||||||
3.682%, 3M LIBOR + 1.170%, 07/15/34 (144A) (a) |
4,840,000 | 4,559,372 | ||||||
3.683%, 3M LIBOR + 0.900%, 01/23/29 (144A) (a) |
203,538 | 199,519 | ||||||
3.836%, 3M LIBOR + 1.070%, 01/26/31 (144A) (a) |
500,000 | 490,173 | ||||||
4.063%, 3M LIBOR + 1.280%, 01/25/32 (144A) (a) |
350,000 | 342,462 | ||||||
4.760%, 3M LIBOR + 2.050%, 10/20/28 (144A) (a) |
780,000 | 737,029 | ||||||
6.060%, 3M LIBOR + 3.350%, 07/20/34 (144A) (a) |
250,000 | 213,697 | ||||||
Soundview Home Loan Trust |
||||||||
3.879%, 1M LIBOR + 0.795%, 01/25/35 (a) |
15,175 | 13,475 | ||||||
Steele Creek CLO, Ltd. |
||||||||
3.762%, 3M LIBOR + 1.250%, 10/15/30 (144A) (a) |
670,000 | 654,684 | ||||||
Symphony CLO, Ltd. |
||||||||
3.790%, 3M LIBOR + 1.080%, 04/20/33 (144A) (a) |
398,000 | 386,108 | ||||||
4.112%, 3M LIBOR + 1.600%, 01/15/34 (144A) (a) |
250,000 | 237,326 | ||||||
Asset-Backed - Other(Continued) | ||||||||
TCI-Flatiron CLO, Ltd. |
||||||||
3.902%, 3M LIBOR + 0.960%, 11/18/30 (144A) (a) |
680,000 | 661,398 | ||||||
TCW CLO AMR, Ltd. |
||||||||
4.142%, 3M LIBOR + 1.220%, 08/16/34 (144A) (a) |
250,000 | 237,549 | ||||||
TIAA CLO, Ltd. |
||||||||
3.890%, 3M LIBOR + 1.150%, 01/16/31 (144A) (a) |
571,000 | 560,733 | ||||||
TICP CLO, Ltd. |
||||||||
3.632%, 3M LIBOR + 1.120%, 01/15/34 (144A) (a) |
820,000 | 789,329 | ||||||
3.682%, 3M LIBOR + 1.170%, 07/15/34 (144A) (a) |
250,000 | 239,683 | ||||||
4.012%, 3M LIBOR + 1.500%, 01/15/34 (144A) (a) |
1,050,000 | 981,777 | ||||||
9.562%, 3M LIBOR + 7.050%, 04/15/33 (144A) (a) |
250,000 | 222,289 | ||||||
Trestles CLO, Ltd. |
||||||||
3.880%, 3M LIBOR + 1.170%, 10/20/34 (144A) (a) |
1,190,000 | 1,136,637 | ||||||
3.902%, 3M LIBOR + 1.170%, 07/21/34 (144A) (a) |
1,170,000 | 1,119,801 | ||||||
4.040%, 3M LIBOR + 1.330%, 01/20/33 (144A) (a) |
1,170,000 | 1,137,854 | ||||||
4.560%, 3M LIBOR + 1.850%, 01/20/33 (144A) (a) |
520,000 | 495,133 | ||||||
5.683%, 3M LIBOR + 2.900%, 04/25/32 (144A) (a) |
250,000 | 221,686 | ||||||
Tricon American Homes Trust |
||||||||
4.564%, 05/17/37 (144A) |
260,000 | 244,983 | ||||||
4.960%, 05/17/37 (144A) |
180,000 | 169,254 | ||||||
Tricon Residential Trust |
||||||||
3.692%, 07/17/38 (144A) |
795,000 | 680,666 | ||||||
4.133%, 07/17/38 (144A) |
639,000 | 543,252 | ||||||
Trinitas CLO, Ltd. |
||||||||
4.140%, 3M LIBOR + 1.400%, 10/18/31 (144A) (a) |
160,000 | 153,274 | ||||||
4.783%, 3M LIBOR + 2.000%, 01/25/34 (144A) (a) |
560,000 | 531,582 | ||||||
5.783%, 3M LIBOR + 3.000%, 01/25/34 (144A) (a) |
400,000 | 370,752 | ||||||
Venture CLO, Ltd. |
||||||||
3.810%, 3M LIBOR + 1.070%, 07/18/31 (144A) (a) |
420,000 | 410,617 | ||||||
VOLT CVI LLC |
||||||||
2.734%, 12/26/51 (144A) (l) |
2,086,142 | 1,922,281 | ||||||
Voya CLO, Ltd. |
||||||||
3.572%, 3M LIBOR + 1.060%, 04/15/31 (144A) (a) |
1,989,000 | 1,943,641 | ||||||
3.642%, 3M LIBOR + 1.130%, 10/15/30 (144A) (a) |
1,020,000 | 1,000,266 | ||||||
3.750%, 3M LIBOR + 1.040%, 04/20/34 (144A) (a) |
357,000 | 342,175 | ||||||
Voya Euro CLO DAC |
||||||||
1.750%, 3M EURIBOR + 1.750%, 04/15/35 (144A) (EUR) (a) |
340,000 | 298,994 | ||||||
3.100%, 3M EURIBOR + 3.100%, 04/15/35 (144A) (EUR) (a) |
250,000 | 194,002 | ||||||
Washington Mutual Asset-Backed Certificates Trust |
||||||||
3.239%, 1M LIBOR + 0.155%, 10/25/36 (a) |
554,026 | 440,452 | ||||||
3.264%, 1M LIBOR + 0.360%, 09/25/36 (a) |
1,738,476 | 553,379 | ||||||
Whitebox CLO, Ltd. |
||||||||
5.833%, 3M LIBOR + 3.050%, 07/24/32 (144A) (a) |
500,000 | 448,660 | ||||||
5.862%, 3M LIBOR + 3.350%, 10/15/34 (144A) (a) |
250,000 | 223,010 | ||||||
9.183%, 3M LIBOR + 6.400%, 07/24/32 (144A) (a) |
250,000 | 209,051 | ||||||
9.362%, 3M LIBOR + 6.850%, 10/15/34 (144A) (a) |
250,000 | 215,755 | ||||||
Woodmont Trust |
||||||||
4.380%, 3M LIBOR + 1.670%, 04/20/33 (144A) (a) |
1,570,000 | 1,492,436 | ||||||
|
|
|||||||
280,144,536 | ||||||||
|
|
|||||||
Asset-Backed - Student Loan1.0% | ||||||||
College Avenue Student Loans LLC |
||||||||
2.420%, 06/25/52 (144A) |
190,000 | 162,809 | ||||||
2.720%, 06/25/52 (144A) |
100,000 | 85,035 |
BHFTII-27
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Asset-Backed Securities(Continued)
Security Description | Principal Amount* |
Value | ||||||
Asset-Backed - Student Loan(Continued) | ||||||||
College Avenue Student Loans LLC |
||||||||
4.110%, 07/26/55 (144A) |
100,000 | $ | 83,715 | |||||
Navient Private Education Loan Trust |
||||||||
3.718%, 1M LIBOR + 0.900%, 11/15/68 (144A) (a) |
389,476 | 384,034 | ||||||
Navient Private Education Refi Loan Trust |
||||||||
2.610%, 04/15/60 (144A) |
280,000 | 251,567 | ||||||
2.690%, 07/15/69 (144A) |
450,000 | 378,732 | ||||||
3.480%, 04/15/60 (144A) |
710,000 | 595,653 | ||||||
4.000%, 04/15/60 (144A) |
230,000 | 194,256 | ||||||
Nelnet Student Loan Trust |
||||||||
2.530%, 04/20/62 (144A) |
2,102,119 | 1,638,361 | ||||||
2.680%, 04/20/62 (144A) |
3,120,000 | 2,481,609 | ||||||
2.850%, 04/20/62 (144A) |
3,661,000 | 2,892,159 | ||||||
2.900%, 04/20/62 (144A) |
1,640,000 | 1,321,868 | ||||||
3.360%, 04/20/62 (144A) |
110,000 | 85,519 | ||||||
3.500%, 04/20/62 (144A) |
170,000 | 137,560 | ||||||
3.570%, 04/20/62 (144A) |
870,000 | 694,291 | ||||||
3.750%, 04/20/62 (144A) |
2,130,000 | 1,711,554 | ||||||
4.380%, 04/20/62 (144A) |
100,000 | 78,897 | ||||||
4.440%, 04/20/62 (144A) |
160,000 | 126,809 | ||||||
4.750%, 04/20/62 (144A) |
260,000 | 213,582 | ||||||
4.930%, 04/20/62 (144A) |
860,000 | 714,674 | ||||||
Prodigy Finance DAC |
||||||||
4.334%, 1M LIBOR + 1.250%, 07/25/51 (144A) (a) |
782,175 | 763,169 | ||||||
5.584%, 1M LIBOR + 2.500%, 07/25/51 (144A) (a) |
250,000 | 246,556 | ||||||
Scholar Funding Trust |
||||||||
3.763%, 1M LIBOR + 0.650%, 01/30/45 (144A) (a) |
3,024,872 | 2,950,578 | ||||||
SLM Private Credit Student Loan Trust |
||||||||
3.623%, 3M LIBOR + 0.330%, 03/15/24 (a) |
350,985 | 349,356 | ||||||
SLM Private Education Loan Trust |
||||||||
7.568%, 1M LIBOR + 4.750%, 10/15/41 (144A) (a) |
2,998,157 | 3,231,658 | ||||||
SMB Private Education Loan Trust |
||||||||
2.300%, 01/15/53 (144A) |
150,000 | 128,818 | ||||||
2.990%, 01/15/53 (144A) |
2,040,000 | 1,720,180 | ||||||
3.000%, 01/15/53 (144A) |
120,000 | 109,194 | ||||||
3.500%, 12/17/40 (144A) |
1,340,000 | 1,265,399 | ||||||
3.860%, 01/15/53 (144A) |
1,560,000 | 1,392,970 | ||||||
3.930%, 01/15/53 (144A) |
100,000 | 88,674 | ||||||
|
|
|||||||
26,479,236 | ||||||||
|
|
|||||||
Total Asset-Backed Securities |
334,713,989 | |||||||
|
|
|||||||
Mortgage-Backed Securities7.0% |
| |||||||
Collateralized Mortgage Obligations3.1% | ||||||||
Agate Bay Mortgage Trust |
||||||||
3.522%, 06/25/45 (144A) (a) |
104,000 | 88,595 | ||||||
3.544%, 04/25/45 (144A) (a) |
150,000 | 130,872 | ||||||
3.691%, 01/25/45 (144A) (a) |
130,000 | 117,457 | ||||||
Ajax Mortgage Loan Trust |
||||||||
Zero Coupon, 02/26/57 (144A) |
49,996 | 36,477 | ||||||
Zero Coupon, 12/25/57 (144A) (a) |
36,228 | 28,982 | ||||||
Zero Coupon, 04/25/58 (144A) |
22,230 | 22,421 | ||||||
Zero Coupon, 06/25/58 (144A) (a) |
1,890 | 1,833 | ||||||
Zero Coupon, 08/25/58 (144A) (a) |
6,454 | 4,460 | ||||||
Collateralized Mortgage Obligations(Continued) | ||||||||
Ajax Mortgage Loan Trust |
||||||||
Zero Coupon, 11/25/58 (144A) |
73,841 | 48,206 | ||||||
Zero Coupon, 09/25/59 (144A) |
2,292,818 | 1,650,007 | ||||||
Zero Coupon, 11/25/59 (144A) |
967,110 | 907,431 | ||||||
Zero Coupon, 12/25/59 (144A) |
1,720,803 | 1,090,287 | ||||||
1.740%, 12/25/60 (144A) (a) |
4,289,096 | 3,630,108 | ||||||
1.875%, 06/25/61 (144A) (a) |
7,671,373 | 6,981,550 | ||||||
1.875%, 06/25/61 (144A) (l) |
7,746,282 | 7,019,116 | ||||||
2.000%, 03/25/60 (144A) (l) |
5,330,207 | 4,860,790 | ||||||
2.115%, 01/25/61 (144A) (l) |
2,196,689 | 2,024,222 | ||||||
2.250%, 06/25/60 (144A) (l) |
801,282 | 754,008 | ||||||
2.250%, 09/27/60 (144A) (l) |
210,829 | 207,221 | ||||||
2.375%, 12/25/59 (144A) (l) |
3,584,013 | 3,482,159 | ||||||
2.693%, 12/25/60 (144A) (a) |
744,000 | 593,924 | ||||||
2.940%, 12/25/60 (144A) (a) |
293,000 | 225,365 | ||||||
3.000%, 09/25/59 (144A) (l) |
4,380,087 | 4,234,243 | ||||||
3.000%, 11/25/59 (144A) (l) |
1,029,385 | 1,007,220 | ||||||
3.500%, 12/25/59 (144A) (l) |
732,499 | 705,167 | ||||||
3.729%, 12/25/60 (144A) (a) |
449,000 | 353,687 | ||||||
4.250%, 09/25/59 (144A) (l) |
432,000 | 418,479 | ||||||
4.250%, 11/25/59 (144A) (l) |
400,000 | 387,480 | ||||||
4.875%, 09/25/59 (144A) (l) |
570,000 | 557,467 | ||||||
Alternative Loan Trust |
||||||||
2.834%, 12M MTA + 1.730%, 11/25/46 (a) |
1,733,468 | 1,380,851 | ||||||
3.183%, 1M LIBOR + 0.190%, 03/20/47 (a) |
952,925 | 755,693 | ||||||
3.193%, 1M LIBOR + 0.200%, 07/20/46 (a) |
1,611,306 | 1,217,890 | ||||||
3.364%, 1M LIBOR + 0.280%, 04/25/47 (a) |
433,156 | 381,411 | ||||||
3.434%, 1M LIBOR + 0.350%, 06/25/35 (a) |
971,275 | 831,299 | ||||||
3.464%, 1M LIBOR + 0.380%, 10/25/46 (a) |
597,374 | 530,908 | ||||||
3.544%, 1M LIBOR + 0.460%, 11/25/36 (a) |
529,901 | 466,160 | ||||||
5.500%, 04/25/37 |
553,444 | 316,031 | ||||||
6.000%, 04/25/37 |
91,338 | 46,359 | ||||||
6.000%, 05/25/37 |
2,053,225 | 1,083,478 | ||||||
American Home Mortgage Assets Trust |
||||||||
2.044%, 12M MTA + 0.940%, 10/25/46 (a) |
335,655 | 239,433 | ||||||
APS Resecuritization Trust |
||||||||
5.934%, 1M LIBOR + 2.850%, 09/27/46 (144A) (a) |
601,619 | 600,787 | ||||||
Barclays Mortgage Trust |
||||||||
2.000%, 11/25/51 (144A) (l) |
4,129,299 | 3,902,780 | ||||||
Bear Stearns Asset-Backed Securities Trust |
||||||||
6.250%, 12/25/35 (l) |
1,306,444 | 879,696 | ||||||
6.250%, 02/25/36 (l) |
1,997,892 | 1,340,671 | ||||||
Chase Mortgage Finance Trust |
||||||||
6.000%, 12/25/37 |
6,397,613 | 2,966,599 | ||||||
CHL Mortgage Pass-Through Trust |
||||||||
2.064%, 12M MTA + 0.960%, 04/25/46 (a) |
3,113,648 | 1,014,226 | ||||||
Credit Suisse Mortgage Capital Certificates |
||||||||
2.436%, 02/25/61 (144A) (a) |
1,913,543 | 1,749,528 | ||||||
6.500%, 10/27/37 (144A) |
2,614,694 | 1,078,541 | ||||||
CSFB Mortgage-Backed Pass-Through Certificates |
||||||||
4.434%, 1M LIBOR + 1.350%, 11/25/35 (a) |
410,691 | 80,357 | ||||||
Deutsche ALT-A Securities Mortgage Loan Trust |
||||||||
3.424%, 1M LIBOR + 0.340%, 08/25/47 (a) |
287,554 | 292,699 | ||||||
Deutsche ALT-A Securities, Inc. Alternate Loan Trust |
||||||||
5.674%, 1M LIBOR + 0.500%, 01/27/37 (144A) (a) |
2,123 | 2,128 | ||||||
GreenPoint Mortgage Funding Trust |
||||||||
3.104%, 12M MTA + 2.000%, 03/25/36 (a) |
118,920 | 113,397 |
BHFTII-28
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Mortgage-Backed Securities(Continued)
Security Description | Principal Amount* |
Value | ||||||
Collateralized Mortgage Obligations(Continued) | ||||||||
GS Mortgage-Backed Securities Corp. |
||||||||
4.340%, 11/25/49 (144A) (a) |
255,318 | $ | 209,463 | |||||
GSR Mortgage Loan Trust |
||||||||
6.000%, 07/25/37 |
378,703 | 267,282 | ||||||
HarborView Mortgage Loan Trust |
||||||||
3.198%, 1M LIBOR + 0.205%, 12/19/36 (a) |
1,155,463 | 974,267 | ||||||
Impac Secured Assets Trust |
||||||||
3.424%, 1M LIBOR + 0.340%, 11/25/36 (a) |
175,689 | 152,514 | ||||||
IndyMac INDX Mortgage Loan Trust |
||||||||
3.367%, 09/25/37 (a) |
655,671 | 443,242 | ||||||
JPMorgan Alternative Loan Trust |
||||||||
3.504%, 1M LIBOR + 0.420%, 03/25/37 (a) |
745,815 | 724,407 | ||||||
3.626%, 05/25/37 (a) |
145,708 | 124,361 | ||||||
JPMorgan Mortgage Trust |
||||||||
0.270%, 02/25/52 (144A) (a) (b) |
9,507,966 | 127,223 | ||||||
0.500%, 02/25/52 (144A) (a) (b) |
9,508,789 | 287,151 | ||||||
2.500%, 02/25/52 (144A) (a) |
7,420,141 | 5,963,673 | ||||||
3.154%, 02/25/52 (144A) (a) |
129,213 | 41,811 | ||||||
3.270%, 02/25/52 (144A) (a) |
989,725 | 760,512 | ||||||
6.500%, 08/25/36 |
185,342 | 79,416 | ||||||
Legacy Mortgage Asset Trust |
||||||||
1.750%, 04/25/61 (144A) (l) |
3,226,485 | 2,993,447 | ||||||
2.734%, 01/25/60 (144A) (l) |
229,216 | 222,908 | ||||||
MASTR Resecuritization Trust |
||||||||
2.831%, 08/25/37 (144A) (a) |
230,596 | 124,985 | ||||||
Merrill Lynch Mortgage Investors Trust |
||||||||
2.770%, 05/25/36 (a) |
530,492 | 406,463 | ||||||
MFA Trust |
||||||||
3.514%, 04/25/65 (144A) (a) |
540,000 | 494,985 | ||||||
Mortgage Loan Resecuritization Trust |
||||||||
2.904%, 1M LIBOR + 0.340%, 04/16/36 (144A) (a) |
946,946 | 888,495 | ||||||
New Residential Mortgage Loan Trust |
||||||||
4.250%, 12/25/57 (144A) (a) |
245,456 | 234,991 | ||||||
New York Mortgage Trust, Inc. |
||||||||
2.944%, 10/25/60 (144A) (a) |
2,134,328 | 2,051,955 | ||||||
Nomura Asset Acceptance Corp. Alternative Loan Trust |
||||||||
7.134%, 05/25/36 (l) |
224,413 | 53,422 | ||||||
Preston Ridge Partners Mortgage LLC |
||||||||
2.951%, 10/25/25 (144A) (l) |
1,100,050 | 1,056,697 | ||||||
RFMSI Trust |
||||||||
4.815%, 08/25/36 (a) |
854,659 | 613,210 | ||||||
RMF Buyout Issuance Trust |
||||||||
3.690%, 11/25/31 (144A) (a) |
509,000 | 451,837 | ||||||
Seasoned Credit Risk Transfer Trust |
||||||||
Zero Coupon, 07/25/56 (144A) (m) |
790,281 | 144,429 | ||||||
1.396%, 07/25/56 (144A) (a) (b) |
1,013,720 | 100,062 | ||||||
3.780%, 05/25/57 (a) |
160,191 | 78,102 | ||||||
Seasoned Loans Structured Transaction Trust |
||||||||
4.750%, 09/25/60 (144A) (a) |
2,550,000 | 2,416,440 | ||||||
Sequoia Mortgage Trust |
||||||||
3.196%, 07/20/37 (a) |
167,351 | 137,383 | ||||||
Structured Adjustable Rate Mortgage Loan Trust |
||||||||
3.252%, 04/25/36 (a) |
193,760 | 124,811 | ||||||
3.430%, 04/25/47 (a) |
560,804 | 293,339 | ||||||
Structured Asset Mortgage Investments Trust |
||||||||
3.464%, 1M LIBOR + 0.380%, 06/25/36 (a) |
807,917 | 684,258 | ||||||
Collateralized Mortgage Obligations(Continued) | ||||||||
Structured Asset Mortgage Investments Trust |
||||||||
3.504%, 1M LIBOR + 0.420%, 05/25/46 (a) |
139,294 | 89,745 | ||||||
3.544%, 1M LIBOR + 0.460%, 02/25/36 (a) |
1,063,697 | 904,683 | ||||||
TVC Mortgage Trust |
||||||||
3.474%, 09/25/24 (144A) |
154,173 | 153,582 | ||||||
Verus Securitization Trust |
||||||||
2.601%, 05/25/65 (144A) (a) |
391,000 | 332,980 | ||||||
VISIO Trust |
||||||||
3.910%, 11/25/54 (144A) (a) |
169,000 | 139,503 | ||||||
Vista Point Securitization Trust |
||||||||
4.900%, 04/25/65 (144A) (a) |
100,000 | 94,615 | ||||||
Voyager OPTONE Delaware Trust |
||||||||
10.194%, 02/25/38 (144A) (a) (b) |
3,035,021 | 844,708 | ||||||
WaMu Mortgage Pass-Through Certificates Trust |
||||||||
1.854%, 12M MTA + 0.750%, 06/25/47 (a) |
435,915 | 372,572 | ||||||
|
|
|||||||
89,500,085 | ||||||||
|
|
|||||||
Commercial Mortgage-Backed Securities3.9% | ||||||||
1211 Avenue of the Americas Trust |
||||||||
4.280%, 08/10/35 (144A) (a) |
230,000 | 192,095 | ||||||
ACEN Mortgage Trust |
||||||||
5.918%, 1M LIBOR + 3.100%, 04/15/34 (144A) (a) |
453,000 | 415,905 | ||||||
Arbor Multifamily Mortgage Securities Trust |
||||||||
1.750%, 05/15/53 (144A) |
126,000 | 75,284 | ||||||
Ashford Hospitality Trust, Inc. |
||||||||
4.918%, 1M LIBOR + 2.100%, 04/15/35 (144A) (a) |
138,000 | 129,261 | ||||||
Atrium Hotel Portfolio Trust |
||||||||
4.768%, 1M LIBOR + 1.950%, 12/15/36 (144A) (a) |
1,540,000 | 1,427,889 | ||||||
5.868%, 1M LIBOR + 3.050%, 12/15/36 (144A) (a) |
178,038 | 161,057 | ||||||
BAMLL Commercial Mortgage Securities Trust |
||||||||
3.716%, 04/14/33 (144A) (a) |
250,000 | 217,253 | ||||||
4.218%, 1M LIBOR + 1.400%, 11/15/33 (144A) (a) |
510,000 | 472,730 | ||||||
4.318%, 1M LIBOR + 1.500%, 11/15/32 (144A) (a) |
300,000 | 263,958 | ||||||
4.818%, 1M LIBOR + 2.000%, 11/15/32 (144A) (a) |
630,000 | 524,654 | ||||||
Banc of America Commercial Mortgage Trust |
||||||||
0.736%, 02/15/50 (a) (b) |
4,070,000 | 92,830 | ||||||
1.393%, 02/15/50 (144A) (a) (b) |
2,000,000 | 92,578 | ||||||
BANK |
||||||||
0.468%, 09/15/62 (a) (b) |
8,619,000 | 183,460 | ||||||
Barclays Commercial Mortgage Trust |
||||||||
3.540%, 1M LIBOR + 0.722%, 03/15/37 (144A) (a) |
280,000 | 263,516 | ||||||
Bayview Commercial Asset Trust |
||||||||
3.354%, 1M LIBOR + 0.270%, 03/25/37 (144A) (a) |
150,137 | 137,365 | ||||||
3.459%, 1M LIBOR + 0.375%, 10/25/36 (144A) (a) |
100,225 | 93,339 | ||||||
3.534%, 1M LIBOR + 0.450%, 01/25/36 (144A) (a) |
71,858 | 65,144 | ||||||
3.534%, 1M LIBOR + 0.450%, 10/25/36 (144A) (a) |
101,983 | 95,149 | ||||||
3.624%, 1M LIBOR + 0.540%, 04/25/36 (144A) (a) |
76,653 | 68,340 | ||||||
3.759%, 1M LIBOR + 0.675%, 01/25/36 (144A) (a) |
53,494 | 48,088 | ||||||
4.584%, 1M LIBOR + 1.500%, 12/25/37 (144A) (a) |
1,171,148 | 1,070,635 | ||||||
BB-UBS Trust |
||||||||
0.730%, 11/05/36 (144A) (a) (b) |
85,480,000 | 985,550 | ||||||
4.160%, 11/05/36 (144A) (a) |
330,000 | 290,935 | ||||||
BBCMS Mortgage Trust |
||||||||
6.443%, 1M LIBOR + 3.625%, 08/15/36 (144A) (a) |
297,000 | 277,587 | ||||||
Beast Mortgage Trust |
||||||||
3.918%, 1M LIBOR + 1.100%, 04/15/36 (144A) (a) |
604,000 | 565,213 |
BHFTII-29
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Mortgage-Backed Securities(Continued)
Security Description | Principal Amount* |
Value | ||||||
Commercial Mortgage-Backed Securities(Continued) | ||||||||
Beast Mortgage Trust |
||||||||
4.168%, 1M LIBOR + 1.350%, 04/15/36 (144A) (a) |
751,000 | $ | 695,012 | |||||
4.418%, 1M LIBOR + 1.600%, 04/15/36 (144A) (a) |
697,000 | 636,744 | ||||||
4.918%, 1M LIBOR + 2.100%, 04/15/36 (144A) (a) |
589,000 | 534,209 | ||||||
5.718%, 1M LIBOR + 2.900%, 04/15/36 (144A) (a) |
576,000 | 527,846 | ||||||
6.618%, 1M LIBOR + 3.800%, 04/15/36 (144A) (a) |
641,000 | 587,327 | ||||||
7.720%, 1M LIBOR + 4.902%, 04/15/36 (144A) (a) |
454,000 | 416,717 | ||||||
Benchmark Mortgage Trust |
||||||||
1.200%, 03/15/52 (a) (b) |
3,562,867 | 174,568 | ||||||
1.380%, 02/15/54 (a) (b) |
5,110,146 | 354,995 | ||||||
4.594%, 05/15/55 (a) |
530,000 | 501,048 | ||||||
BFLD Trust |
||||||||
6.518%, 1M LIBOR + 3.700%, 10/15/35 (144A) (a) |
980,000 | 903,658 | ||||||
BHMS Mortgage Trust |
||||||||
4.068%, 1M LIBOR + 1.250%, 07/15/35 (144A) (a) |
260,000 | 251,038 | ||||||
BPR Trust |
||||||||
6.418%, 1M LIBOR + 3.600%, 09/15/38 (144A) (a) |
492,000 | 462,469 | ||||||
BWAY Mortgage Trust |
||||||||
3.446%, 03/10/33 (144A) |
1,495,000 | 1,358,908 | ||||||
3.454%, 03/10/33 (144A) |
1,847,304 | 1,738,356 | ||||||
3.633%, 03/10/33 (144A) |
600,000 | 536,039 | ||||||
BX Commercial Mortgage Trust |
||||||||
2.843%, 03/09/44 (144A) (a) |
1,167,000 | 942,547 | ||||||
3.728%, 1M LIBOR + 0.910%, 02/15/33 (144A) (a) |
2,391,915 | 2,327,742 | ||||||
4.968%, 1M LIBOR + 2.150%, 02/15/33 (144A) (a) |
1,466,417 | 1,427,882 | ||||||
4.989%, 1M LIBOR + 2.171%, 10/15/36 (144A) (a) |
696,000 | 653,127 | ||||||
5.068%, 1M LIBOR + 2.250%, 01/15/34 (144A) (a) |
280,000 | 258,944 | ||||||
5.118%, 1M LIBOR + 2.300%, 10/15/36 (144A) (a) |
3,944,000 | 3,776,176 | ||||||
5.468%, 1M LIBOR + 2.650%, 10/15/36 (144A) (a) |
3,802,050 | 3,630,691 | ||||||
5.618%, 1M LIBOR + 2.800%, 06/15/38 (144A) (a) |
2,034,939 | 1,861,261 | ||||||
5.638%, 1M LIBOR + 2.820%, 12/15/38 (144A) (a) |
1,443,000 | 1,345,405 | ||||||
5.818%, 1M LIBOR + 3.000%, 01/15/34 (144A) (a) |
430,000 | 392,412 | ||||||
6.568%, 1M LIBOR + 3.750%, 06/15/38 (144A) (a) |
1,796,392 | 1,641,440 | ||||||
7.068%, 1M LIBOR + 4.250%, 02/15/33 (144A) (a) |
979,005 | 953,592 | ||||||
BX Trust |
||||||||
3.202%, 12/09/41 (144A) |
168,000 | 139,941 | ||||||
4.076%, 12/09/41 (144A) (a) |
3,534,000 | 2,784,732 | ||||||
4.713%, 1M LIBOR + 1.895%, 10/15/36 (144A) (a) |
344,000 | 319,007 | ||||||
5.218%, 1M LIBOR + 2.400%, 02/15/36 (144A) (a) |
1,920,000 | 1,702,681 | ||||||
5.818%, 1M LIBOR + 3.000%, 02/15/36 (144A) (a) |
2,520,000 | 2,208,793 | ||||||
5.960%, 1M LIBOR + 3.142%, 10/15/36 (144A) (a) |
1,087,000 | 967,322 | ||||||
6.851%, 1M LIBOR + 4.033%, 09/15/34 (144A) (a) |
206,000 | 183,206 | ||||||
BXP Trust |
||||||||
2.868%, 01/15/44 (144A) (a) |
454,000 | 302,766 | ||||||
3.670%, 08/13/37 (144A) (a) |
760,000 | 614,563 | ||||||
Cassia SRL |
||||||||
2.891%, 3M EURIBOR + 2.500%, 05/22/34 (144A) (EUR) (a) |
1,267,640 | 1,169,017 | ||||||
CD Commercial Mortgage Trust |
||||||||
3.631%, 02/10/50 |
350,000 | 326,029 | ||||||
3.956%, 08/15/50 (a) |
363,000 | 322,697 | ||||||
CFCRE Commercial Mortgage Trust |
||||||||
0.854%, 05/10/58 (a) (b) |
2,370,000 | 52,134 | ||||||
4.690%, 02/15/33 (144A) |
220,000 | 215,999 | ||||||
CFK Trust |
||||||||
4.791%, 01/15/39 (144A) (a) |
728,000 | 613,479 | ||||||
Commercial Mortgage-Backed Securities(Continued) | ||||||||
CHC Commercial Mortgage Trust |
||||||||
4.318%, 1M LIBOR + 1.500%, 06/15/34 (144A) (a) |
1,685,274 | 1,634,795 | ||||||
Citigroup Commercial Mortgage Trust |
||||||||
0.912%, 11/10/42 (144A) (a) (b) |
7,730,000 | 396,707 | ||||||
4.889%, 05/10/36 (144A) (a) |
1,107,000 | 1,094,944 | ||||||
Cold Storage Trust |
||||||||
5.583%, 1M LIBOR + 2.766%, 11/15/37 (144A) (a) |
1,582,615 | 1,525,156 | ||||||
Commercial Mortgage Pass-Through Certificates Mortgage Trust |
||||||||
0.168%, 02/10/35 (144A) (a) (b) |
60,958,000 | 124,165 | ||||||
1.124%, 03/10/46 (a) (b) |
18,851,290 | 494 | ||||||
3.285%, 10/10/36 (144A) (a) |
270,000 | 210,583 | ||||||
3.550%, 07/15/47 |
456,647 | 443,958 | ||||||
4.820%, 02/10/47 (a) |
315,000 | 305,432 | ||||||
Credit Suisse Mortgage Capital Certificates Trust |
||||||||
3.768%, 1M LIBOR + 0.950%, 12/15/30 (144A) (a) |
280,000 | 277,587 | ||||||
3.904%, 11/10/32 (144A) (a) |
301,000 | 275,255 | ||||||
7.680%, 1M LIBOR + 4.862%, 10/15/37 (144A) (a) |
750,000 | 701,387 | ||||||
Credit Suisse Mortgage Trust |
||||||||
6.318%, 1M LIBOR + 3.500%, 11/15/38 (144A) (a) |
191,000 | 175,826 | ||||||
CSAIL Commercial Mortgage Trust |
||||||||
0.260%, 11/15/50 (a) (b) |
3,940,000 | 43,479 | ||||||
0.699%, 09/15/52 (a) (b) |
4,150,000 | 131,667 | ||||||
1.498%, 09/15/52 (a) (b) |
3,108,068 | 198,130 | ||||||
1.714%, 06/15/52 (a) (b) |
7,088,797 | 544,010 | ||||||
3.504%, 06/15/57 |
320,000 | 304,849 | ||||||
4.237%, 06/15/52 (a) |
130,000 | 107,871 | ||||||
DBJPM Mortgage Trust |
||||||||
1.000%, 06/10/50 (a) (b) |
2,060,000 | 77,297 | ||||||
3.276%, 05/10/49 |
240,000 | 223,392 | ||||||
DBUBS Mortgage Trust |
||||||||
3.452%, 10/10/34 (144A) |
418,000 | 394,341 | ||||||
3.648%, 10/10/34 (144A) (a) |
1,357,563 | 1,211,822 | ||||||
ELP Commercial Mortgage Trust |
||||||||
5.934%, 1M LIBOR + 3.116%, 11/15/38 (144A) (a) |
994,000 | 912,420 | ||||||
6.433%, 1M LIBOR + 3.615%, 11/15/38 (144A) (a) |
385,000 | 353,823 | ||||||
Extended Stay America Trust |
||||||||
5.068%, 1M LIBOR + 2.250%, 07/15/38 (144A) (a) |
745,412 | 713,659 | ||||||
5.668%, 1M LIBOR + 2.850%, 07/15/38 (144A) (a) |
1,341,742 | 1,274,298 | ||||||
6.518%, 1M LIBOR + 3.700%, 07/15/38 (144A) (a) |
1,401,375 | 1,323,895 | ||||||
GCT Commercial Mortgage Trust |
||||||||
3.618%, 1M LIBOR + 0.800%, 02/15/38 (144A) (a) |
310,000 | 299,002 | ||||||
5.168%, 1M LIBOR + 2.350%, 02/15/38 (144A) (a) |
100,000 | 94,203 | ||||||
GS Mortgage Securities Corp. II |
||||||||
5.366%, 05/03/32 (144A) |
840,000 | 817,538 | ||||||
GS Mortgage Securities Corp. Trust |
||||||||
1.843%, 12/12/53 (144A) (a) (b) |
3,121,007 | 297,278 | ||||||
2.856%, 05/10/34 (144A) |
710,000 | 670,943 | ||||||
6.253%, 1M LIBOR + 3.435%, 11/15/36 (144A) (a) |
301,000 | 274,717 | ||||||
GS Mortgage Securities Trust |
||||||||
3.931%, 11/10/52 (a) |
110,000 | 88,694 | ||||||
3.932%, 10/10/35 (144A) (a) |
200,000 | 169,408 | ||||||
4.529%, 04/10/47 (a) |
50,000 | 47,539 | ||||||
4.558%, 07/10/48 (a) |
110,000 | 100,986 | ||||||
HMH Trust |
||||||||
3.062%, 07/05/31 (144A) |
1,210,000 | 1,155,545 | ||||||
HONO Mortgage Trust |
||||||||
6.168%, 1M LIBOR + 3.350%, 10/15/36 (144A) (a) |
387,000 | 362,125 | ||||||
7.218%, 1M LIBOR + 4.400%, 10/15/36 (144A) (a) |
263,000 | 245,205 |
BHFTII-30
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Mortgage-Backed Securities(Continued)
Security Description | Principal Amount* |
Value | ||||||
Commercial Mortgage-Backed Securities(Continued) | ||||||||
Hudson Yards Mortgage Trust |
||||||||
3.041%, 12/10/41 (144A) (a) |
662,050 | $ | 468,814 | |||||
3.558%, 07/10/39 (144A) (a) |
511,000 | 387,170 | ||||||
IMT Trust |
||||||||
3.478%, 06/15/34 (144A) |
540,000 | 516,724 | ||||||
3.613%, 06/15/34 (144A) (a) |
570,000 | 529,338 | ||||||
JPMBB Commercial Mortgage Securities Trust |
||||||||
0.716%, 05/15/48 (a) (b) |
603,783 | 7,228 | ||||||
0.957%, 09/15/47 (a) (b) |
1,235,137 | 14,006 | ||||||
4.274%, 12/15/48 (144A) (a) |
300,000 | 256,017 | ||||||
JPMCC Commercial Mortgage Securities Trust |
||||||||
3.490%, 07/15/50 |
320,000 | 296,201 | ||||||
JPMDB Commercial Mortgage Securities Trust |
||||||||
0.750%, 12/15/49 (144A) (a) (b) |
2,067,000 | 50,254 | ||||||
JPMorgan Chase Commercial Mortgage Securities Corp. |
||||||||
5.268%, 1M LIBOR + 2.450%, 04/15/38 (144A) (a) |
1,030,000 | 968,033 | ||||||
5.768%, 1M LIBOR + 2.950%, 04/15/38 (144A) (a) |
1,080,000 | 1,004,102 | ||||||
JPMorgan Chase Commercial Mortgage Securities Trust |
||||||||
0.647%, 04/15/46 (a) (b) |
4,900,000 | 13,654 | ||||||
0.750%, 08/15/49 (144A) (a) (b) |
5,300,000 | 125,193 | ||||||
4.028%, 1M LIBOR + 1.210%, 06/15/35 (144A) (a) |
310,107 | 301,030 | ||||||
4.050%, 09/15/50 |
110,000 | 94,380 | ||||||
4.518%, 1M LIBOR + 1.700%, 04/15/38 (144A) (a) |
787,000 | 743,597 | ||||||
4.978%, 1M LIBOR + 2.160%, 07/15/36 (144A) (a) |
570,000 | 535,316 | ||||||
5.588%, 1M LIBOR + 2.770%, 10/15/33 (144A) (a) |
180,000 | 169,097 | ||||||
5.818%, 1M LIBOR + 3.000%, 07/15/36 (144A) (a) |
774,000 | 712,112 | ||||||
6.385%, 1M TSFR + 3.540%, 04/15/37 (144A) (a) |
921,000 | 842,619 | ||||||
KKR Industrial Portfolio Trust |
||||||||
4.868%, 1M LIBOR + 2.050%, 12/15/37 (144A) (a) |
420,000 | 388,414 | ||||||
KNDL Mortgage Trust |
||||||||
4.618%, 1M LIBOR + 1.800%, 05/15/36 (144A) (a) |
2,728,000 | 2,613,715 | ||||||
LB-UBS Commercial Mortgage Trust |
||||||||
1.156%, 12/15/52 (a) (b) |
7,200,116 | 342,519 | ||||||
Lehman Brothers Small Balance Commercial Mortgage Trust |
||||||||
3.334%, 1M LIBOR + 0.250%, 03/25/37 (144A) (a) |
76,594 | 76,292 | ||||||
3.534%, 1M LIBOR + 0.450%, 09/25/36 (144A) (a) |
323,011 | 307,667 | ||||||
Life Mortgage Trust |
||||||||
5.168%, 1M LIBOR + 2.350%, 03/15/38 (144A) (a) |
1,287,691 | 1,180,393 | ||||||
LSTAR Commercial Mortgage Trust |
||||||||
0.945%, 03/10/50 (144A) (a) (b) |
648,964 | 14,201 | ||||||
3.295%, 04/20/48 (144A) (a) |
62,100 | 59,699 | ||||||
LUXE Trust |
||||||||
5.568%, 1M LIBOR + 2.750%, 10/15/38 (144A) (a) |
100,000 | 92,840 | ||||||
Med Trust |
||||||||
8.068%, 1M LIBOR + 5.250%, 11/15/38 (144A) (a) |
5,601,839 | 5,154,177 | ||||||
MF1 |
||||||||
7.065%, 1M TSFR + 4.220%, 12/15/34 (144A) (a) |
163,000 | 156,126 | ||||||
MFT Trust |
||||||||
3.593%, 02/10/42 (144A) (a) |
640,781 | 482,833 | ||||||
MHC Commercial Mortgage Trust |
||||||||
4.919%, 1M LIBOR + 2.101%, 04/15/38 (144A) (a) |
2,540,000 | 2,380,971 | ||||||
5.419%, 1M LIBOR + 2.601%, 04/15/38 (144A) (a) |
1,040,000 | 965,458 | ||||||
Morgan Stanley Bank of America Merrill Lynch Trust |
||||||||
1.326%, 12/15/47 (144A) (a) (b) |
1,810,000 | 44,118 | ||||||
4.677%, 10/15/48 (a) |
170,000 | 156,917 | ||||||
Morgan Stanley Capital Trust |
||||||||
1.171%, 03/15/52 (a) (b) |
2,341,702 | 115,434 | ||||||
2.310%, 06/15/50 (144A) (a) (b) |
1,190,000 | 94,680 | ||||||
Commercial Mortgage-Backed Securities(Continued) | ||||||||
Morgan Stanley Capital Trust |
||||||||
4.071%, 03/15/52 |
403,000 | 374,453 | ||||||
4.177%, 07/15/51 |
38,000 | 35,712 | ||||||
5.062%, 1M LIBOR + 2.244%, 12/15/36 (144A) (a) |
220,000 | 205,704 | ||||||
5.368%, 1M LIBOR + 2.550%, 07/15/35 (144A) (a) |
90,000 | 87,330 | ||||||
5.418%, 1M LIBOR + 2.600%, 11/15/34 (144A) (a) |
1,977,000 | 1,937,363 | ||||||
MSCG Trust |
||||||||
4.968%, 1M LIBOR + 2.150%, 10/15/37 (144A) (a) |
122,000 | 115,308 | ||||||
Natixis Commercial Mortgage Securities Trust |
||||||||
3.768%, 1M LIBOR + 0.950%, 06/15/35 (144A) (a) |
126,023 | 121,906 | ||||||
4.404%, 06/17/38 (144A) |
265,000 | 240,173 | ||||||
5.543%, 1M LIBOR + 2.550%, 08/18/25 (144A) (a) |
3,373,433 | 3,251,374 | ||||||
Olympic Tower Mortgage Trust |
||||||||
0.511%, 05/10/39 (144A) (a) (b) |
13,300,000 | 211,244 | ||||||
4.077%, 05/10/39 (144A) (a) |
1,049,000 | 778,630 | ||||||
One Market Plaza Trust |
||||||||
Zero Coupon, 02/10/32 (144A) (a) (b) |
21,110,000 | 211 | ||||||
0.218%, 02/10/32 (144A) (a) (b) |
4,222,000 | 2,833 | ||||||
One New York Plaza Trust |
||||||||
5.568%, 1M LIBOR + 2.750%, 01/15/36 (144A) (a) |
160,000 | 150,318 | ||||||
Park Avenue Mortgage Trust |
||||||||
4.242%, 1M LIBOR + 1.536%, 09/15/34 (144A) (a) |
500,000 | 469,832 | ||||||
4.824%, 1M LIBOR + 2.119%, 09/15/34 (144A) (a) |
1,750,000 | 1,618,131 | ||||||
Park Avenue Trust |
||||||||
0.271%, 06/05/37 (144A) (a) (b) |
5,000,000 | 37,639 | ||||||
3.779%, 06/05/37 (144A) (a) |
207,000 | 160,064 | ||||||
SREIT Trust |
||||||||
5.436%, 1M LIBOR + 2.618%, 11/15/36 (144A) (a) |
672,700 | 627,201 | ||||||
5.443%, 1M LIBOR + 2.625%, 11/15/38 (144A) (a) |
890,000 | 827,429 | ||||||
6.734%, 1M LIBOR + 3.916%, 11/15/36 (144A) (a) |
126,000 | 116,062 | ||||||
TPGI Trust |
||||||||
5.820%, 1M LIBOR + 3.000%, 06/15/26 (144A) (a) |
315,000 | 292,431 | ||||||
6.670%, 1M LIBOR + 3.850%, 06/15/26 (144A) (a) |
215,000 | 199,165 | ||||||
UBS Commercial Mortgage Trust |
||||||||
1.614%, 10/15/52 (a) (b) |
6,871,762 | 497,965 | ||||||
Velocity Commercial Capital Loan Trust |
||||||||
2.520%, 12/26/51 (144A) (a) |
2,983,399 | 2,695,872 | ||||||
2.980%, 02/25/50 (144A) (a) |
151,721 | 134,994 | ||||||
4.240%, 11/25/47 (144A) (a) |
84,923 | 72,846 | ||||||
4.480%, 12/26/51 (144A) (a) |
288,422 | 231,398 | ||||||
5.000%, 11/25/47 (144A) (a) |
50,005 | 42,041 | ||||||
Wells Fargo Commercial Mortgage Trust |
||||||||
1.174%, 12/15/48 (a) (b) |
921,285 | 23,511 | ||||||
1.393%, 08/15/49 (144A) (a) (b) |
1,430,000 | 55,661 | ||||||
1.598%, 05/15/52 (a) (b) |
5,045,229 | 330,129 | ||||||
2.600%, 11/15/50 (144A) (a) |
305,000 | 211,748 | ||||||
3.623%, 1M LIBOR + 0.850%, 12/13/31 (144A) (a) |
490,000 | 483,045 | ||||||
3.874%, 06/15/36 (144A) (a) |
170,000 | 149,582 | ||||||
4.904%, 01/15/52 (a) |
622,000 | 568,746 | ||||||
4.908%, 1M LIBOR + 2.090%, 02/15/37 (144A) (a) |
300,000 | 283,437 | ||||||
5.558%, 1M LIBOR + 2.740%, 02/15/37 (144A) (a) |
260,000 | 242,238 | ||||||
WF-RBS Commercial Mortgage Trust |
||||||||
3.914%, 09/15/57 (a) |
1,540,000 | 1,434,879 | ||||||
|
|
|||||||
110,606,703 | ||||||||
|
|
|||||||
Total Mortgage-Backed Securities |
200,106,788 | |||||||
|
|
BHFTII-31
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Floating Rate Loans (n)1.8%
Security Description | Principal Amount* |
Value | ||||||
Airlines0.0% | ||||||||
Kestrel Bidco, Inc. |
||||||||
Term Loan B, 5.993%, 1M LIBOR + 3.000%, 12/11/26 |
592 | $ | 520 | |||||
|
|
|||||||
Apparel0.0% | ||||||||
Fanatics Commerce Intermediate Holdco LLC |
||||||||
Term Loan B, 6.056%, 3M LIBOR + 3.250%, 11/24/28 |
873,400 | 845,015 | ||||||
|
|
|||||||
Auto Parts & Equipment0.0% | ||||||||
Emerald Technologies (U.S.) Acquisitionco, Inc. |
||||||||
Term Loan, 9.384%, TSFR + 6.250%, 12/29/27 |
605,338 | 582,637 | ||||||
|
|
|||||||
Beverages0.0% | ||||||||
City Brewing Co. LLC |
||||||||
Term Loan, 6.185%, 1M LIBOR + 3.500%, 04/05/28 |
347,490 | 272,779 | ||||||
Naked Juice LLC |
||||||||
2nd Lien Term Loan, 9.653%, 3M TSFR + 6.000%,01/24/30 |
75,000 | 69,000 | ||||||
Triton Water Holdings, Inc. |
||||||||
Term Loan, 7.174%, 3M LIBOR + 3.500%, 03/31/28 |
372,288 | 334,594 | ||||||
|
|
|||||||
676,373 | ||||||||
|
|
|||||||
Building Materials0.0% | ||||||||
ACProducts, Inc. |
||||||||
Term Loan B, 7.325%, 3M LIBOR + 4.250%, 05/17/28 |
749,513 | 553,837 | ||||||
IPS Corp. |
||||||||
Delayed Draw Term Loan, 10/02/28 (o) |
58,544 | 54,958 | ||||||
Term Loan, 6.615%, 1M LIBOR + 3.500%, 10/02/28 |
145,629 | 136,709 | ||||||
|
|
|||||||
745,504 | ||||||||
|
|
|||||||
Chemicals0.2% | ||||||||
Aruba Investments, Inc. |
||||||||
USD Term Loan, 7.084%, 1M LIBOR + 4.000%, 11/24/27 |
410,850 | 379,694 | ||||||
Bakelite US Holdco, Inc. |
||||||||
Term Loan, 7.669%, SOFRTE + 4.000%, 05/29/29 |
1,197,998 | 1,121,625 | ||||||
Eastman Chemical Co. |
||||||||
2021 Term Loan B, 8.365%, 1M LIBOR + 5.250%, 11/01/28 |
399,990 | 358,991 | ||||||
LSF11 A5 Holdco LLC |
||||||||
Term Loan, 6.649%, 1M TSFR + 3.500%, 10/15/28 |
1,610,905 | 1,511,231 | ||||||
SCIH Salt Holdings, Inc. |
||||||||
Incremental Term Loan B, 6.806%, 3M LIBOR + 4.000%, 03/16/27 |
824,085 | 766,399 | ||||||
|
|
|||||||
4,137,940 | ||||||||
|
|
|||||||
Commercial Services0.4% | ||||||||
AEA International Holdings (Lux) S.a.r.l. |
||||||||
Term Loan B, 7.438%, 3M LIBOR + 3.750%, 09/07/28 |
656,539 | 641,767 | ||||||
Allied Universal Holdco LLC |
||||||||
USD Incremental Term Loan B, 6.865%, 1M LIBOR + 3.750%, 05/12/28 |
612,810 | 540,517 | ||||||
American Auto Auction Group LLC |
||||||||
2nd Lien Term Loan, 12.303%, TSFR + 8.750%, 01/02/29 |
859,000 | 764,510 | ||||||
Commercial Services(Continued) | ||||||||
American Auto Auction Group LLC |
||||||||
Term Loan B, 8.703%, TSFR + 5.000%, 12/30/27 |
1,602,888 | 1,490,685 | ||||||
Caliber Home Loans, Inc. |
||||||||
Revolver, 5.832%, 3M LIBOR + 3.250%, 07/24/25 |
5,350,000 | 5,316,830 | ||||||
Digital Room Holdings, Inc. |
||||||||
2021 Term Loan, 8.371%, 1M LIBOR + 5.250%, 12/21/28 |
514,415 | 452,685 | ||||||
DS Parent, Inc. |
||||||||
Term Loan, 9.914%, 3M LIBOR + 5.750%, 12/10/28 |
803,688 | 770,535 | ||||||
Interface Security Systems LLC |
||||||||
Term Loan, 7.875%, 3M LIBOR + 7.000%, 08/07/23 (h) (i) (j) |
1,228,704 | 1,188,771 | ||||||
Signal Parent, Inc. |
||||||||
Term Loan B, 6.615%, 1M LIBOR + 3.500%, 04/03/28 |
553,000 | 405,073 | ||||||
Vaco Holdings LLC |
||||||||
Term Loan, 8.683%, TSFR + 5.000%, 01/21/29 |
613,365 | 598,031 | ||||||
|
|
|||||||
12,169,404 | ||||||||
|
|
|||||||
Cosmetics/Personal Care0.0% | ||||||||
Conair Holdings LLC |
||||||||
Term Loan B, 7.424%, 3M LIBOR + 3.750%, 05/17/28 |
211,860 | 178,757 | ||||||
|
|
|||||||
Electric0.1% | ||||||||
Pacific Gas & Electric Co. |
||||||||
Term Loan, 6.125%, 1M LIBOR + 3.000%, 06/23/25 |
1,346,018 | 1,292,177 | ||||||
|
|
|||||||
Entertainment0.3% | ||||||||
ECL Entertainment LLC |
||||||||
Term Loan, 10.615%, 1M LIBOR + 7.500%, 05/01/28 |
849,250 | 842,881 | ||||||
Great Canadian Gaming Corp. |
||||||||
Term Loan, 7.602%, 3M LIBOR + 4.000%, 11/01/26 |
139,000 | 132,455 | ||||||
GVC Holdings (Gibraltar), Ltd. |
||||||||
USD Term Loan B4, 6.174%, 3M LIBOR + 2.500%, 03/29/27 |
280 | 274 | ||||||
Herschend Entertainment Company LLC |
||||||||
Term Loan, 6.880%, 1M LIBOR + 3.750%, 08/27/28 |
330,660 | 323,496 | ||||||
J&J Ventures Gaming LLC |
||||||||
Term Loan, 7.674%, 3M LIBOR + 4.000%, 04/26/28 |
708,840 | 674,284 | ||||||
Maverick Gaming LLC |
||||||||
Term Loan B, 10.570%, 3M LIBOR + 7.500%, 09/03/26 |
486,325 | 443,366 | ||||||
Stars Group Holdings B.V. (The) |
||||||||
USD Incremental Term Loan, 5.892%, 3M LIBOR + 2.250%, 07/21/26 |
2,294,407 | 2,223,664 | ||||||
Twin River Worldwide Holdings, Inc. |
||||||||
Term Loan B, 5.935%, 1M LIBOR + 3.250%, 10/02/28 |
2,707,540 | 2,452,016 | ||||||
|
|
|||||||
7,092,436 | ||||||||
|
|
|||||||
Environmental Control0.0% | ||||||||
MIP V Waste Holdings LLC |
||||||||
Term Loan B, 6.365%, 1M LIBOR + 3.250%, 12/08/28 |
442,775 | 427,278 | ||||||
|
|
|||||||
Food0.0% | ||||||||
BCPE North Star U.S. HoldCo 2, Inc. |
||||||||
Term Loan, 7.674%, 3M LIBOR + 4.000%, 06/09/28 |
794,977 | 735,354 | ||||||
Shearers Foods, Inc. |
||||||||
Term Loan, 6.615%, 1M LIBOR + 3.500%, 09/23/27 |
163,667 | 152,661 | ||||||
Sovos Brands Intermediate, Inc. |
||||||||
Term Loan, 6.615%, 1M LIBOR + 3.500%, 06/08/28 |
139,317 | 133,163 | ||||||
|
|
|||||||
1,021,178 | ||||||||
|
|
BHFTII-32
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Floating Rate Loans (n)(Continued)
Security Description | Principal Amount* |
Value | ||||||
Hand/Machine Tools0.0% | ||||||||
Apex Tool Group LLC |
||||||||
Term Loan, 8.098%, TSFR + 5.250%, 02/08/29 |
1,071,923 | $ | 955,351 | |||||
|
|
|||||||
Healthcare-Services0.0% | ||||||||
Medical Solutions Holdings, Inc. |
||||||||
2nd Lien Term Loan, 9.877%, 3M LIBOR + 7.000%, 11/01/29 |
274,000 | 261,670 | ||||||
Select Medical Corp. |
||||||||
Term Loan B, 5.620%, 1M LIBOR + 2.500%, 03/06/25 |
242,054 | 234,691 | ||||||
|
|
|||||||
496,361 | ||||||||
|
|
|||||||
Household Products/Wares0.0% | ||||||||
Kronos Acquisition Holdings, Inc. |
||||||||
1st Lien Term Loan, 8.940%, TSFR + 6.000%, 12/22/26 |
272,938 | 258,608 | ||||||
|
|
|||||||
Housewares0.0% | ||||||||
Springs Windows Fashions LLC |
||||||||
Term Loan B, 7.602%, 3M LIBOR + 4.000%, 10/06/28 |
341,285 | 267,909 | ||||||
|
|
|||||||
Internet0.0% | ||||||||
Cablevision Lightpath LLC |
||||||||
Term Loan B, 6.068%, 1M LIBOR + 3.250%, 11/30/27 |
202,395 | 194,637 | ||||||
|
|
|||||||
Lodging0.2% | ||||||||
Aimbridge Acquisition Co., Inc. |
||||||||
Incremental Term Loan B, 7.743%, 1M LIBOR + 4.750%, 02/02/26 |
335,171 | 300,817 | ||||||
Term Loan B, 6.865%, 1M LIBOR + 3.750%, 02/02/26 |
825,294 | 732,964 | ||||||
Caesars Resort Collection LLC |
||||||||
Term Loan B1, 6.615%, 1M LIBOR + 3.500%, 07/21/25 |
219,177 | 216,757 | ||||||
Fertitta Entertainment LLC |
||||||||
Term Loan B, 7.034%, TSFR + 4.000%, 01/27/29 |
1,549,867 | 1,441,807 | ||||||
Spectacle Gary Holdings LLC |
||||||||
Term Loan B, 7.365%, 1M LIBOR + 4.250%, 11/19/28 |
3,142,225 | 3,016,536 | ||||||
|
|
|||||||
5,708,881 | ||||||||
|
|
|||||||
Machinery-Diversified0.0% | ||||||||
Hydrofarm Holdings LLC |
||||||||
Term Loan, 8.380%, 3M LIBOR + 5.500%, 09/27/28 |
376,158 | 338,542 | ||||||
|
|
|||||||
Media0.1% | ||||||||
DirecTV Financing LLC |
||||||||
Term Loan, 8.115%, 1M LIBOR + 5.000%, 08/02/27 |
801,710 | 748,973 | ||||||
Gray Television, Inc. |
||||||||
Term Loan D, 5.564%, 1M LIBOR + 3.000%, 12/01/28 |
998,455 | 972,869 | ||||||
|
|
|||||||
1,721,842 | ||||||||
|
|
|||||||
Mining0.0% | ||||||||
American Rock Salt Co. LLC |
||||||||
Term Loan, 7.120%, 1M LIBOR + 4.000%, 06/09/28 |
215,275 | 199,802 | ||||||
|
|
|||||||
Oil & Gas0.0% | ||||||||
Southwestern Energy Co. |
||||||||
Term Loan, 6.203%, 3M TSFR + 2.500%, 06/22/27 |
688,795 | 679,324 | ||||||
|
|
|||||||
Packaging & Containers0.0% | ||||||||
Valcour Packaging LLC |
||||||||
1st Lien Term Loan, 5.220%, 6M LIBOR + 3.750%, 10/04/28 |
350,240 | 321,345 | ||||||
|
|
|||||||
Pipelines0.1% | ||||||||
Buckeye Partners L.P. |
||||||||
Term Loan B, 5.365%, 1M LIBOR + 2.250%, 11/01/26 |
2,460,256 | 2,402,592 | ||||||
DT Midstream, Inc. |
||||||||
Term Loan B, 5.125%, 1M LIBOR + 2.000%, 06/26/28 |
286,318 | 286,967 | ||||||
|
|
|||||||
2,689,559 | ||||||||
|
|
|||||||
Real Estate Investment Trusts0.0% | ||||||||
OVG Business Services LLC |
||||||||
Initial Term Loan, 9.340%, 1M LIBOR + 6.250%, 10/13/28 |
505,460 | 472,605 | ||||||
|
|
|||||||
Retail0.2% | ||||||||
Foundation Building Materials Holding Co. LLC |
||||||||
Term Loan, 6.056%, 3M LIBOR + 3.250%, 01/31/28 |
1,170,242 | 1,059,800 | ||||||
LBM Acquisition LLC |
||||||||
Term Loan B, 7.121%, 6M LIBOR + 3.750%, 12/17/27 |
1,831,497 | 1,607,597 | ||||||
Park River Holdings, Inc. |
||||||||
Term Loan, 5.527%, 3M LIBOR + 3.250%, 12/28/27 |
199,474 | 170,479 | ||||||
SRS Distribution, Inc. |
||||||||
Term Loan B, 6.306%, 3M LIBOR + 3.500%, 06/02/28 |
940,500 | 865,848 | ||||||
Tory Burch LLC |
||||||||
Term Loan B, 6.115%, 1M LIBOR + 3.000%, 04/16/28 |
600,400 | 547,865 | ||||||
White Cap Buyer LLC |
||||||||
Term Loan B, 6.784%, 1M TSFR + 3.750%, 10/19/27 |
1,365,762 | 1,282,678 | ||||||
WOOF Holdings, Inc. |
||||||||
1st Lien Term Loan, 7.315%, 3M LIBOR + 3.750%, 12/21/27 |
314,215 | 297,719 | ||||||
|
|
|||||||
5,831,986 | ||||||||
|
|
|||||||
Software0.1% | ||||||||
ConnectWise LLC |
||||||||
Term Loan B, 7.174%, 3M LIBOR + 3.500%, 09/29/28 |
1,091,750 | 1,023,516 | ||||||
|
|
|||||||
Telecommunications0.1% | ||||||||
Connect Finco Sarl |
||||||||
Term Loan B, 6.615%, 1M LIBOR + 3.500%, 12/11/26 |
1,440,131 | 1,346,162 | ||||||
Intelsat Jackson Holdings S.A. |
||||||||
Exit Term Loan B, 7.230%, 3M TSFR + 4.500%, 02/01/29 |
1,178 | 1,109 | ||||||
|
|
|||||||
1,347,271 | ||||||||
|
|
|||||||
Total Floating Rate Loans |
51,676,758 | |||||||
|
|
|||||||
Foreign Government0.7% |
| |||||||
Sovereign0.7% | ||||||||
Colombia Government International Bonds |
||||||||
4.125%, 05/15/51 (f) |
400,000 | 214,767 | ||||||
4.500%, 03/15/29 |
566,000 | 464,199 | ||||||
Colombian TES | ||||||||
7.000%, 03/26/31 (COP) |
1,517,000,000 | 233,535 |
BHFTII-33
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Foreign Government(Continued)
Security Description | Principal |
Value | ||||||
Sovereign(Continued) | ||||||||
Colombian TES |
||||||||
7.250%, 10/18/34 (COP) |
1,321,000,000 | $ | 191,608 | |||||
Indonesia Government International Bonds |
||||||||
2.850%, 02/14/30 |
662,000 | 566,975 | ||||||
3.050%, 03/12/51 (f) |
1,965,000 | 1,302,720 | ||||||
Mexican Bonos |
||||||||
8.500%, 11/18/38 (MXN) |
19,900,000 | 891,115 | ||||||
Mexico Government International Bonds |
||||||||
2.659%, 05/24/31 |
2,105,000 | 1,613,870 | ||||||
4.500%, 01/31/50 (f) |
4,504,000 | 3,234,205 | ||||||
Oman Government International Bond |
||||||||
4.750%, 06/15/26 |
299,000 | 278,444 | ||||||
6.750%, 10/28/27 |
300,000 | 295,875 | ||||||
Panama Government International Bonds |
||||||||
3.875%, 03/17/28 |
1,279,000 | 1,162,139 | ||||||
4.500%, 04/01/56 |
1,811,000 | 1,221,924 | ||||||
Peruvian Government International Bonds |
||||||||
3.550%, 03/10/51 (f) |
1,587,000 | 1,061,253 | ||||||
4.125%, 08/25/27 (f) |
1,009,000 | 954,076 | ||||||
Philippine Government International Bonds |
||||||||
3.000%, 02/01/28 |
1,834,000 | 1,666,718 | ||||||
3.200%, 07/06/46 |
2,044,000 | 1,357,456 | ||||||
Russian Federal Bond - OFZ |
||||||||
6.100%, 07/18/35 (RUB) |
147,607,000 | 772,362 | ||||||
Turkey Government International Bond |
||||||||
4.875%, 04/16/43 |
458,000 | 257,854 | ||||||
Ukraine Government International Bond |
||||||||
7.375%, 09/25/34 (144A) |
274,000 | 50,521 | ||||||
Uruguay Government International Bonds |
||||||||
4.375%, 10/27/27 |
1,266,587 | 1,250,210 | ||||||
5.100%, 06/18/50 |
1,118,733 | 1,022,507 | ||||||
|
|
|||||||
Total Foreign Government |
||||||||
(Cost $27,835,080) |
20,064,333 | |||||||
|
|
|||||||
Municipals0.7% | ||||||||
American Municipal Power, Inc., Build America Bond |
||||||||
8.084%, 02/15/50 |
510,000 | 677,386 | ||||||
Bay Area Toll Bridge Authority, Build America Bond |
||||||||
7.043%, 04/01/50 |
1,215,000 | 1,488,566 | ||||||
Los Angeles, CA Community College District, Build America Bond 6.600%, 08/01/42 |
785,000 | 915,312 | ||||||
Los Angeles, CA Unified School District, Build America Bond |
||||||||
6.758%, 07/01/34 |
2,020,000 | 2,228,415 | ||||||
Massachusetts Housing Finance Agency |
||||||||
4.500%, 12/01/48 |
275,000 | 252,802 | ||||||
Metropolitan Transportation Authority, Build America Bonds |
||||||||
6.668%, 11/15/39 |
170,000 | 180,055 | ||||||
6.814%, 11/15/40 |
330,000 | 353,838 | ||||||
Municipal Electric Authority of Georgia, Build America Bond |
||||||||
6.637%, 04/01/57 |
461,000 | 499,417 | ||||||
New Jersey Turnpike Authority |
||||||||
7.414%, 01/01/40 |
492,000 | 601,929 | ||||||
New York City Water & Sewer System |
||||||||
5.882%, 06/15/44 |
270,000 | 295,400 | ||||||
New York State Dormitory Authority, Build America Bond |
||||||||
5.389%, 03/15/40 |
355,000 | 355,688 | ||||||
Port Authority of New York & New Jersey |
||||||||
4.960%, 08/01/46 |
1,350,000 | 1,293,643 | ||||||
San Antonio, TX Electric & Gas Systems Revenue, Build America Bond | ||||||||
5.808%, 02/01/41 |
875,000 | 915,116 | ||||||
State of California |
||||||||
4.600%, 04/01/38 |
3,765,000 | 3,518,177 | ||||||
State of California General Obligation Unlimited, Build America Bond | ||||||||
7.550%, 04/01/39 |
780,000 | 971,330 | ||||||
State of Illinois, General Obligation Unlimited |
||||||||
5.100%, 06/01/33 |
3,010,000 | 2,867,206 | ||||||
State of Texas |
||||||||
5.517%, 04/01/39 |
820,000 | 859,362 | ||||||
University of California 4.858%, 05/15/2112 |
239,000 | 204,772 | ||||||
|
|
|||||||
Total Municipals |
18,478,414 | |||||||
|
|
|||||||
Common Stocks0.3% | ||||||||
Chemicals0.0% | ||||||||
Element Solutions, Inc. |
25,267 | 411,094 | ||||||
|
|
|||||||
Equity Real Estate Investment Trusts0.1% | ||||||||
DiamondRock Hospitality Co. |
50,907 | 382,312 | ||||||
Park Hotels & Resorts, Inc. (d) |
24,018 | 270,443 | ||||||
Service Properties Trust |
51,813 | 268,909 | ||||||
Sunstone Hotel Investors, Inc. (d) |
21,914 | 206,430 | ||||||
Xenia Hotels & Resorts, Inc. (f) |
28,065 | 387,016 | ||||||
|
|
|||||||
1,515,110 | ||||||||
|
|
|||||||
Hotels, Restaurants & Leisure0.0% | ||||||||
Caesars Entertainment, Inc. (p) |
4,625 | 149,203 | ||||||
|
|
|||||||
Household Durables0.0% | ||||||||
Taylor Morrison Home Corp. (p) |
18,564 | 432,912 | ||||||
|
|
|||||||
Interactive Media & Services0.0% | ||||||||
Genius Sports, Ltd. (f) (p) |
101,806 | 373,628 | ||||||
|
|
|||||||
Machinery0.0% | ||||||||
Sarcos Technology and Robotics Corp. (f) (p) |
6,978 | 15,491 | ||||||
|
|
|||||||
Oil, Gas & Consumable Fuels0.2% | ||||||||
California Resources Corp. (d) |
34,033 | 1,307,888 | ||||||
Chesapeake Energy Corp. (f) |
6,878 | 647,977 | ||||||
Excelerate Energy, Inc. - Class A (f) |
40,835 | 955,539 | ||||||
Green Plains, Inc. (d) (p) |
18,989 | 552,010 | ||||||
|
|
|||||||
3,463,414 | ||||||||
|
|
|||||||
Real Estate Management & Development0.0% | ||||||||
Forestar Group, Inc. (p) |
12,122 | 135,645 | ||||||
|
|
|||||||
Special Purpose Acquisition Companies0.0% | ||||||||
Pivotal Investment Corp. III (p) |
26,099 | 257,075 |
BHFTII-34
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares/ Principal Amount* |
Value | ||||||
Special Purpose Acquisition Companies(Continued) | ||||||||
Tishman Speyer Innovation Corp. II - Class A (p) |
16,712 | $ | 164,613 | |||||
|
|
|||||||
421,688 | ||||||||
|
|
|||||||
Thrifts & Mortgage Finance0.0% | ||||||||
Mr Cooper Group, Inc. (p) |
8,189 | 331,655 | ||||||
|
|
|||||||
Total Common Stocks |
||||||||
(Cost $8,768,186) |
7,249,840 | |||||||
|
|
|||||||
Preferred Stock0.1% | ||||||||
Home Builders 0.1% | ||||||||
Dream Finders Homes, Inc. 9.000%, 09/08/26 (i) (j) |
||||||||
(Cost $2,601,720) |
2,628 | 2,424,330 | ||||||
|
|
|||||||
Convertible Bonds0.0% | ||||||||
Airlines 0.0% | ||||||||
GOL Equity Finance S.A. |
||||||||
3.750%, 07/15/24 |
100,000 | 47,350 | ||||||
|
|
|||||||
Automobiles 0.0% | ||||||||
Freewire Technologies |
||||||||
9.000%, 03/31/25 (i) (j) |
1,225,000 | 1,090,250 | ||||||
|
|
|||||||
Energy-Alternate Sources0.0% | ||||||||
Stem, Inc. |
||||||||
0.500%, 12/01/28 |
102,000 | 75,684 | ||||||
|
|
|||||||
Total Convertible Bonds |
||||||||
(Cost $1,387,938) |
1,213,284 | |||||||
|
|
|||||||
Warrants0.0% | ||||||||
Automobiles0.0% | ||||||||
Freewire Technologies Tranche A (i) (j) (p) |
136,947 | 147,903 | ||||||
Freewire Technologies Tranche B (i) (j) (p) |
136,947 | 0 | ||||||
|
|
|||||||
147,903 | ||||||||
|
|
|||||||
Commercial Services & Supplies0.0% | ||||||||
Aurora Innovation, Inc. (p) |
4,108 | 1,890 | ||||||
|
|
|||||||
Health Care Providers & Services0.0% | ||||||||
Cano Health, Inc. (p) |
36,440 | 96,201 | ||||||
|
|
|||||||
Health Care Technology0.0% | ||||||||
Pear Therapeutics, Inc. (p) |
10,748 | 1,825 | ||||||
|
|
|||||||
Hotels, Restaurants & Leisure0.0% | ||||||||
Sonder Holdings, Inc. (i) (j) (p) |
20,820 | 416 | ||||||
|
|
|||||||
Independent Power and Renewable Electricity Producers0.0% | ||||||||
Altus Power, Inc. (p) |
9,486 | 28,837 | ||||||
|
|
|||||||
Interactive Media & Services0.0% | ||||||||
Genius Sports, Ltd. (p) |
76,133 | 55,562 | ||||||
|
|
|||||||
Machinery0.0% | ||||||||
Hyzon Motors, Inc. (p) |
32,814 | 7,515 | ||||||
Sarcos Technology and Robotics Corp. (p) |
102,425 | 35,029 | ||||||
|
|
|||||||
42,544 | ||||||||
|
|
|||||||
Oil, Gas & Consumable Fuels0.0% | ||||||||
OPAL Fuels, Inc., Expires 07/21/27 (p) |
4,354 | 5,965 | ||||||
|
|
|||||||
Real Estate Management & Development0.0% | ||||||||
Offerpad Solutions, Inc. (p) |
31,569 | 5,285 | ||||||
|
|
|||||||
Software0.0% | ||||||||
Embark Technology, Inc. (p) |
3,005 | 210 | ||||||
Latch, Inc. (p) |
43,584 | 3,504 | ||||||
|
|
|||||||
3,714 | ||||||||
|
|
|||||||
Special Purpose Acquisition Companies0.0% | ||||||||
Climate Real Impact Solutions II Acquisition Corp. (p) |
1,816 | 145 | ||||||
Gores Holdings VIII, Inc. (p) |
6,990 | 6,488 | ||||||
Science Strategic Acquisition Corp. Alpha (p) |
9,181 | 423 | ||||||
Tishman Speyer Innovation Corp. II (p) |
3,342 | 146 | ||||||
TPG Pace Beneficial Finance Corp. (p) |
8,740 | 0 | ||||||
|
|
|||||||
7,202 | ||||||||
|
|
|||||||
Specialty Retail0.0% | ||||||||
EVgo, Inc. (p) |
19,550 | 36,558 | ||||||
Volta, Inc. (p) |
20,140 | 7,049 | ||||||
|
|
|||||||
43,607 | ||||||||
|
|
|||||||
Total Warrants |
440,951 | |||||||
|
|
|||||||
Escrow Shares0.0% | ||||||||
Oil & Gas0.0% | ||||||||
Chesapeake Energy Corp. (g) (i) (j) |
100,000 | 0 | ||||||
|
|
|||||||
Savings & Loans0.0% | ||||||||
Washington Mutual Bank (g) (i) (j) |
5,027,000 | 1 | ||||||
Washington Mutual Bank (g) (i) (j) |
1,310,000 | 0 | ||||||
Washington Mutual Bank (g) (i) (j) |
2,440,000 | 0 | ||||||
|
|
|||||||
1 | ||||||||
|
|
|||||||
Total Escrow Shares |
1 | |||||||
|
|
|||||||
Short-Term Investments8.9% | ||||||||
Certificates of Deposit0.1% | ||||||||
Citibank N.A. |
||||||||
4.060%, 08/01/23 |
1,842,000 | 1,830,860 |
BHFTII-35
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Short-Term Investments(Continued)
Security Description | Principal |
Value | ||||||
Repurchase Agreements8.8% | ||||||||
Fixed Income Clearing Corp. |
||||||||
Repurchase Agreement dated 09/30/22 at 1.100%, due on 10/03/22 with a maturity value of $251,168,952; collateralized by U.S. Treasury Notes with rates ranging from 0.625% - 0.875%, maturity dates ranging from 01/15/24 - 01/31/24, and an aggregate market value of $256,168,958. |
251,145,930 | $ | 251,145,930 | |||||
|
|
|||||||
Total Short-Term Investments |
252,976,790 | |||||||
|
|
|||||||
Securities Lending Reinvestments (q) 0.4% |
| |||||||
Repurchase Agreements0.4% | ||||||||
Cantor Fitzgerald & Co. |
||||||||
Repurchase Agreement dated 09/30/22 at 3.050%, due on 10/03/22 with a maturity value of $1,500,381; collateralized by U.S. Government Agency Obligations with rates ranging from 0.517% - 8.000%, maturity dates ranging from 04/01/23 - 07/20/72, and an aggregate market value of $1,530,000. |
1,500,000 | 1,500,000 | ||||||
HSBC Securities, Inc. |
||||||||
Repurchase Agreement dated 09/30/22 at 2.950%, due on 10/03/22 with a maturity value of $90,085; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 4.375%, maturity dates ranging from 10/31/22 - 05/15/52, and an aggregate market value of $91,887. |
90,063 | 90,063 | ||||||
National Bank Financial Inc. |
||||||||
Repurchase Agreement dated 09/30/22 at 3.070%, due on 10/03/22 with a maturity value of $1,500,384; collateralized by U.S. Treasury Obligations with rates ranging from 2.000% - 3.875%, maturity dates ranging from 02/15/25 - 09/30/29, and an aggregate market value of $1,533,826. |
1,500,000 | 1,500,000 | ||||||
Natixis S.A. (New York) |
||||||||
Repurchase Agreement dated 09/30/22 at 2.950%, due on 10/03/22 with a maturity value of $2,931,251; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 6.625%, maturity dates ranging from 12/29/22 - 08/15/52, and an aggregate market value of $2,989,876. |
2,930,530 | 2,930,530 | ||||||
Natwest Markets Securities, Inc. |
||||||||
Repurchase Agreement dated 09/30/22 at 2.970%, due on 10/03/22 with a maturity value of $2,100,520; collateralized by U.S. Treasury Obligations with rates ranging from 0.125% - 3.000%, maturity dates ranging from 10/31/22 - 08/31/28, and an aggregate market value of $2,142,530. |
2,100,000 | 2,100,000 | ||||||
Societe Generale |
||||||||
Repurchase Agreement dated 09/30/22 at 3.000%, due on 10/03/22 with a maturity value of $400,100; collateralized by U.S. Treasury Obligations with rates ranging from 0.125% - 3.875%, maturity dates ranging from 10/31/22 - 08/15/40, and an aggregate market value of $408,272. |
400,000 | 400,000 | ||||||
Societe Generale |
||||||||
Repurchase Agreement dated 09/30/22 at 3.050%, due on 10/03/22 with a maturity value of $1,000,254; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 1.125%, maturity dates ranging from 03/09/23 - 05/15/40, and various Common Stock with an aggregate market value of $1,111,064. |
1,000,000 | 1,000,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.070%, due on 10/03/22 with a maturity value of $300,077; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 1.125%, maturity dates ranging from 03/09/23 - 05/15/40, and various Common Stock with an aggregate market value of $333,319. |
300,000 | 300,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.160%, due on 10/03/22 with a maturity value of $1,000,263; collateralized by various Common Stock with an aggregate market value of $1,112,451. |
1,000,000 | 1,000,000 | ||||||
TD Prime Services LLC |
||||||||
Repurchase Agreement dated 09/30/22 at 3.150%, due on 10/03/22 with a maturity value of $1,500,394; collateralized by various Common Stock with an aggregate market value of $1,650,433. |
1,500,000 | 1,500,000 | ||||||
|
|
|||||||
12,320,593 | ||||||||
|
|
|||||||
Mutual Funds0.0% | ||||||||
Dreyfus Treasury Obligations Cash Management Fund, Institutional Class 2.850% (r) |
500,000 | 500,000 | ||||||
Morgan Stanley Liquidity Funds Government Portfolio, Institutional Shares 2.810% (r) |
500,000 | 500,000 | ||||||
|
|
|||||||
1,000,000 | ||||||||
|
|
|||||||
Total Securities Lending Reinvestments |
13,320,593 | |||||||
|
|
|||||||
Total Purchased Options0.3% (s) |
8,307,690 | |||||||
Total Investments107.6% |
3,059,599,414 | |||||||
Unfunded Loan Commitments(0.0)% |
(29,272 | ) | ||||||
Net Investments107.6% |
3,059,570,142 | |||||||
Other assets and liabilities (net)(7.6)% |
(215,846,999 | ) | ||||||
|
|
|||||||
Net Assets100.0% |
$ | 2,843,723,143 | ||||||
|
|
* | Principal and notional amounts stated in U.S. dollars unless otherwise noted. | |||
| Restricted securities are not registered under the Securities Act of 1933 and are subject to legal restrictions on resale. These securities generally may be resold in transactions exempt from registration or to the public if the securities are subsequently registered. Disposal of these securities may involve time-consuming negotiations and prompt sale at an acceptable price may be difficult. As of September 30, 2022, the market value of restricted securities was $6,076,255, which is 0.2% of net assets. See details shown in the Restricted Securities table that follows. |
BHFTII-36
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
(a) | Variable or floating rate security. The stated rate represents the rate at September 30, 2022. Maturity date shown for callable securities reflects the earliest possible call date. For securities based on a published reference index and spread, the index and spread are indicated in the description above. For certain variable rate securities, the coupon rate is determined by the issuer/agent based on current market conditions. For certain asset- and mortgage-backed securities, the coupon rate may fluctuate based on changes of the underlying collateral or prepayments of principal. These securities do not indicate a reference index and spread in their description above. | |||
(b) | Interest only security. | |||
(c) | TBA (To Be Announced) Securities are purchased on a forward commitment basis with an approximate principal amount and no defined maturity date. The actual principal and maturity date will be determined upon settlement date. | |||
(d) | All or a portion of the security was pledged as collateral against open OTC swap contracts, open OTC option contracts and forward foreign currency exchange contracts. As of September 30, 2022, the market value of securities pledged was $2,964,334. | |||
(e) | All or a portion of the security was pledged as collateral against open futures contracts. As of September 30, 2022, the market value of securities pledged was $31,768,628. | |||
(f) | All or a portion of the security was held on loan. As of September 30, 2022, the market value of securities loaned was $23,451,860 and the collateral received consisted of cash in the amount of $13,320,593 and non-cash collateral with a value of $11,353,296. The cash collateral investments are disclosed in the Schedule of Investments and categorized as Securities Lending Reinvestments. The non-cash collateral received consists of U.S. government securities that are held in safe-keeping by the lending agent, or a third-party custodian, and cannot be sold or repledged by the Portfolio. | |||
(g) | Non-income producing; security is in default and/or issuer is in bankruptcy. | |||
(h) | Payment-in-kind security for which part of the income earned may be paid as additional principal. | |||
(i) | Security was valued in good faith under procedures approved by the Board of Trustees. As of September 30, 2022, these securities represent 0.3% of net assets. | |||
(j) | Significant unobservable inputs were used in the valuation of this portfolio security; i.e. Level 3. | |||
(k) | Perpetual bond with no specified maturity date. | |||
(l) | Security is a step-up bond where coupon increases or steps up at a predetermined date. Rate shown is current coupon rate. | |||
(m) | Principal only security. | |||
(n) | Floating rate loans (Senior Loans) often require prepayments from excess cash flows or permit the borrowers to repay at their election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, Senior Loans will generally have an expected average life of approximately two to four years. Senior Loans typically have rates of interest which are determined periodically by reference to a base lending rate, plus a spread. These base rates are primarily the London Interbank Offered Rate and secondarily, the prime rate offered by one or more major United States banks. Base lending rates may be subject to a floor, or a minimum rate. | |||
(o) | Unfunded or partially unfunded loan commitments. The Portfolio may enter into certain credit agreements for which all or a portion may be unfunded. The Portfolio is obligated to fund these commitments at the borrowers discretion. | |||
(p) | Non-income producing security. | |||
(q) | Represents investment of cash collateral received from securities on loan as of September 30, 2022. | |||
(r) | The rate shown represents the annualized seven-day yield as of September 30, 2022. | |||
(s) | For a breakout of open positions, see details shown in the Purchased Options table that follows. | |||
(144A) | Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of September 30, 2022, the market value of 144A securities was $621,649,788, which is 21.9% of net assets. |
Restricted Securities |
Acquisition Date |
Shares/ Principal Amount |
Cost | Value | ||||||||||||
Dream Finders Homes, Inc., 9.000%, 09/08/26 |
09/29/21 | 2,628 | $ | 2,601,720 | $ | 2,424,330 | ||||||||||
Freed Hotels & Resorts, 10.000%, 12/02/23 |
12/06/21 | 1,192,000 | 1,173,713 | 1,144,320 | ||||||||||||
Freewire Technologies, 9.000%, 03/31/25 |
04/27/22 | 1,225,000 | 1,206,625 | 1,090,250 | ||||||||||||
Freewire Technologies Tranche A |
04/27/22 | 136,947 | | 147,903 | ||||||||||||
Knollwood CDO, Ltd., 5.591%, 01/10/39 |
02/10/04 | 1,061,398 | 1,061,398 | 106 | ||||||||||||
Pear Therapeutics, Inc. |
02/02/21 | 10,748 | 12,027 | 1,825 | ||||||||||||
Sonder Holdings, Inc., 11.316%, 01/19/27 |
01/19/22-03/31/22 | 1,415,760 | 1,372,563 | 1,267,105 | ||||||||||||
Sonder Holdings, Inc. |
01/19/22 | 20,820 | | 416 | ||||||||||||
|
|
|||||||||||||||
$ | 6,076,255 | |||||||||||||||
|
|
TBA Forward Sale Commitments
Security Description |
Interest Rate | Maturity | Face Amount |
Cost | Value | |||||||||||||||
Uniform Mortgage-Backed Securities 15 Yr. Pool |
3.000 | % | TBA | $ | (551,000 | ) | $ | (516,364 | ) | $ | (511,464 | ) | ||||||||
Uniform Mortgage-Backed Securities 15 Yr. Pool |
3.500 | % | TBA | (5,272,000 | ) | (5,143,100 | ) | (4,981,520 | ) | |||||||||||
Uniform Mortgage-Backed Securities 30 Yr. Pool |
2.500 | % | TBA | (18,436,965 | ) | (16,201,965 | ) | (15,424,754 | ) | |||||||||||
Uniform Mortgage-Backed Securities 30 Yr. Pool |
3.000 | % | TBA | (19,726 | ) | (288,832 | ) | (18,127 | ) | |||||||||||
Uniform Mortgage-Backed Securities 30 Yr. Pool |
3.500 | % | TBA | (69,994 | ) | (65,233 | ) | (62,493 | ) | |||||||||||
|
|
|
|
|||||||||||||||||
Totals |
|
$ | (22,215,494 | ) | $ | (20,998,358 | ) | |||||||||||||
|
|
|
|
BHFTII-37
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Forward Foreign Currency Exchange Contracts
Contracts to Buy |
Counterparty |
Settlement Date |
In Exchange for |
Unrealized Appreciation/ (Depreciation) |
||||||||||||||||||
AUD | 210,000 | CBNA |
10/17/22 | USD | 142,040 | $ | (7,697 | ) | ||||||||||||||
AUD | 435,000 | CBNA |
10/17/22 | USD | 294,225 | (15,943 | ) | |||||||||||||||
AUD | 222,000 | JPMC |
10/17/22 | USD | 147,194 | (5,174 | ) | |||||||||||||||
AUD | 222,000 | JPMC |
10/17/22 | USD | 147,194 | (5,174 | ) | |||||||||||||||
AUD | 222,000 | JPMC |
10/17/22 | USD | 142,791 | (771 | ) | |||||||||||||||
AUD | 222,000 | JPMC |
10/17/22 | USD | 142,791 | (771 | ) | |||||||||||||||
AUD | 331,000 | JPMC |
10/17/22 | USD | 219,339 | (7,588 | ) | |||||||||||||||
BRL | 4,831,040 | BNP |
10/04/22 | USD | 893,545 | 2,029 | ||||||||||||||||
BRL | 1,148,537 | BBP |
10/04/22 | USD | 221,000 | (8,085 | ) | |||||||||||||||
BRL | 1,148,537 | BBP |
10/04/22 | USD | 221,000 | (8,085 | ) | |||||||||||||||
BRL | 1,942,930 | CBNA |
10/04/22 | USD | 374,000 | (13,821 | ) | |||||||||||||||
BRL | 2,412,564 | CBNA |
10/04/22 | USD | 462,000 | (14,761 | ) | |||||||||||||||
BRL | 446,792 | GSI |
10/04/22 | USD | 83,000 | (174 | ) | |||||||||||||||
BRL | 446,792 | GSI |
10/04/22 | USD | 83,000 | (174 | ) | |||||||||||||||
BRL | 761,534 | GSI |
10/04/22 | USD | 140,853 | 320 | ||||||||||||||||
BRL | 761,534 | GSI |
10/04/22 | USD | 140,853 | 320 | ||||||||||||||||
BRL | 771,007 | GSI |
10/04/22 | USD | 145,000 | (2,071 | ) | |||||||||||||||
BRL | 771,007 | GSI |
10/04/22 | USD | 145,000 | (2,071 | ) | |||||||||||||||
BRL | 782,476 | GSI |
10/04/22 | USD | 144,726 | 329 | ||||||||||||||||
BRL | 782,476 | GSI |
10/04/22 | USD | 144,726 | 329 | ||||||||||||||||
BRL | 1,151,286 | GSI |
10/04/22 | USD | 212,941 | 484 | ||||||||||||||||
BRL | 811,571 | HSBC |
10/04/22 | USD | 155,000 | (4,552 | ) | |||||||||||||||
BRL | 811,571 | HSBC |
10/04/22 | USD | 155,000 | (4,552 | ) | |||||||||||||||
BRL | 1,590,778 | HSBC |
10/04/22 | USD | 294,229 | 668 | ||||||||||||||||
BRL | 1,590,778 | HSBC |
10/04/22 | USD | 294,229 | 668 | ||||||||||||||||
BRL | 2,424,240 | HSBC |
10/04/22 | USD | 463,000 | (13,596 | ) | |||||||||||||||
BRL | 3,186,705 | HSBC |
10/04/22 | USD | 589,410 | 1,338 | ||||||||||||||||
BRL | 778,701 | JPMC |
10/04/22 | USD | 144,028 | 327 | ||||||||||||||||
BRL | 1,557,944 | JPMC |
10/04/22 | USD | 288,156 | 654 | ||||||||||||||||
BRL | 4,826,502 | JPMC |
10/04/22 | USD | 925,000 | (30,267 | ) | |||||||||||||||
BRL | 774,797 | GSI |
11/03/22 | USD | 143,000 | (406 | ) | |||||||||||||||
BRL | 774,797 | GSI |
11/03/22 | USD | 143,000 | (406 | ) | |||||||||||||||
BRL | 450,216 | JPMC |
11/03/22 | USD | 83,000 | (142 | ) | |||||||||||||||
BRL | 450,216 | JPMC |
11/03/22 | USD | 83,000 | (142 | ) | |||||||||||||||
CAD | 294,036 | JPMC |
10/17/22 | USD | 221,000 | (8,146 | ) | |||||||||||||||
CAD | 324,641 | SCB |
10/17/22 | USD | 247,000 | (11,990 | ) | |||||||||||||||
CHF | 143,246 | GSI |
10/17/22 | USD | 147,000 | (1,658 | ) | |||||||||||||||
CHF | 143,246 | GSI |
10/17/22 | USD | 147,000 | (1,658 | ) | |||||||||||||||
CHF | 149,631 | UBSA |
10/17/22 | USD | 156,000 | (4,180 | ) | |||||||||||||||
CHF | 149,631 | UBSA |
10/17/22 | USD | 156,000 | (4,180 | ) | |||||||||||||||
CLP | 107,595,000 | CBNA |
10/17/22 | USD | 108,000 | 2,968 | ||||||||||||||||
CLP | 107,595,000 | CBNA |
10/17/22 | USD | 108,000 | 2,968 | ||||||||||||||||
CNH | 1,562,629 | BOA |
10/17/22 | USD | 224,000 | (5,109 | ) | |||||||||||||||
CNH | 1,562,629 | BOA |
10/17/22 | USD | 224,000 | (5,109 | ) | |||||||||||||||
COP | 659,605,000 | CBNA |
10/18/22 | USD | 145,000 | (2,307 | ) | |||||||||||||||
COP | 659,605,000 | CBNA |
10/18/22 | USD | 145,000 | (2,307 | ) | |||||||||||||||
COP | 649,299,000 | GSI |
10/18/22 | USD | 147,000 | (6,536 | ) | |||||||||||||||
COP | 649,299,000 | GSI |
10/18/22 | USD | 147,000 | (6,536 | ) | |||||||||||||||
COP | 1,102,143,000 | BOA |
11/23/22 | USD | 245,248 | (8,441 | ) | |||||||||||||||
COP | 2,140,791,927 | CBNA |
11/23/22 | USD | 481,510 | (21,539 | ) | |||||||||||||||
EUR | 225,000 | BNP |
10/17/22 | USD | 225,094 | (4,386 | ) | |||||||||||||||
EUR | 149,000 | CBNA |
10/17/22 | USD | 146,768 | (610 | ) | |||||||||||||||
EUR | 149,000 | CBNA |
10/17/22 | USD | 146,768 | (610 | ) | |||||||||||||||
EUR | 150,000 | HSBC |
10/17/22 | USD | 146,783 | 355 | ||||||||||||||||
EUR | 150,000 | HSBC |
10/17/22 | USD | 146,783 | 355 | ||||||||||||||||
EUR | 226,582 | MSIP |
11/23/22 | USD | 226,744 | (3,914 | ) | |||||||||||||||
EUR | 1,683,000 | MSIP |
12/21/22 | USD | 1,633,608 | 25,892 |
BHFTII-38
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Forward Foreign Currency Exchange Contracts(Continued)
Contracts to Buy |
Counterparty |
Settlement Date |
In Exchange for |
Unrealized Appreciation/ (Depreciation) |
||||||||||||||||||
EUR | 14,332,000 | MSIP |
12/21/22 | USD | 14,189,110 | $ | (57,233 | ) | ||||||||||||||
GBP | 194,000 | NWM |
10/17/22 | USD | 213,191 | 3,480 | ||||||||||||||||
GBP | 194,000 | NWM |
10/17/22 | USD | 213,191 | 3,480 | ||||||||||||||||
IDR | 29,498,747,434 | JPMC |
12/21/22 | USD | 1,966,977 | (34,685 | ) | |||||||||||||||
JPY | 44,657,337 | BOA |
10/17/22 | USD | 313,000 | (4,075 | ) | |||||||||||||||
JPY | 44,657,337 | BOA |
10/17/22 | USD | 313,000 | (4,075 | ) | |||||||||||||||
JPY | 30,842,108 | HSBC |
10/31/22 | USD | 214,000 | (366 | ) | |||||||||||||||
JPY | 6,379,308 | MSIP |
12/21/22 | USD | 44,647 | (178 | ) | |||||||||||||||
KRW | 205,682,400 | BOA |
10/17/22 | USD | 147,000 | (3,209 | ) | |||||||||||||||
KRW | 205,682,400 | BOA |
10/17/22 | USD | 147,000 | (3,209 | ) | |||||||||||||||
MXN | 2,995,959 | GSI |
10/17/22 | USD | 149,000 | (595 | ) | |||||||||||||||
MXN | 2,995,959 | GSI |
10/17/22 | USD | 149,000 | (595 | ) | |||||||||||||||
MXN | 4,512,579 | GSI |
10/17/22 | USD | 224,000 | (468 | ) | |||||||||||||||
MXN | 4,512,579 | GSI |
10/17/22 | USD | 224,000 | (468 | ) | |||||||||||||||
MXN | 5,728,646 | BBP |
11/23/22 | USD | 282,347 | (495 | ) | |||||||||||||||
MXN | 35,171,731 | BBP |
11/23/22 | USD | 1,733,503 | (3,041 | ) | |||||||||||||||
MXN | 8,541,669 | UBSA |
11/23/22 | USD | 420,512 | (259 | ) | |||||||||||||||
NOK | 2,277,370 | DBAG |
10/17/22 | USD | 221,000 | (11,841 | ) | |||||||||||||||
NOK | 1,522,318 | JPMC |
10/17/22 | USD | 147,000 | (7,187 | ) | |||||||||||||||
NOK | 2,323,763 | JPMC |
10/17/22 | USD | 217,000 | (3,580 | ) | |||||||||||||||
THB | 8,164,125 | BOA |
10/17/22 | USD | 225,000 | (8,431 | ) | |||||||||||||||
THB | 8,164,125 | BOA |
10/17/22 | USD | 225,000 | (8,431 | ) | |||||||||||||||
ZAR | 7,845,556 | GSI |
10/03/22 | USD | 457,000 | (23,544 | ) | |||||||||||||||
ZAR | 2,624,296 | CBNA |
10/17/22 | USD | 148,000 | (3,182 | ) | |||||||||||||||
ZAR | 2,624,296 | CBNA |
10/17/22 | USD | 148,000 | (3,182 | ) | |||||||||||||||
ZAR | 2,597,735 | GSI |
10/17/22 | USD | 145,000 | (1,648 | ) | |||||||||||||||
ZAR | 2,597,735 | GSI |
10/17/22 | USD | 145,000 | (1,648 | ) | |||||||||||||||
ZAR | 3,357,107 | GSI |
10/17/22 | USD | 192,000 | (6,743 | ) | |||||||||||||||
ZAR | 3,706,805 | GSI |
10/17/22 | USD | 212,000 | (7,445 | ) | |||||||||||||||
Contracts to Deliver |
||||||||||||||||||||||
AUD | 221,000 | JPMC |
10/17/22 | USD | 146,310 | 4,930 | ||||||||||||||||
AUD | 221,000 | JPMC |
10/17/22 | USD | 146,310 | 4,930 | ||||||||||||||||
AUD | 220,000 | JPMC |
10/17/22 | USD | 142,068 | 1,327 | ||||||||||||||||
AUD | 220,000 | JPMC |
10/17/22 | USD | 142,068 | 1,327 | ||||||||||||||||
AUD | 1,597,000 | MSIP |
12/21/22 | USD | 1,072,450 | 49,552 | ||||||||||||||||
BRL | 4,831,040 | BNP |
10/04/22 | USD | 925,000 | 29,426 | ||||||||||||||||
BRL | 1,148,537 | BBP |
10/04/22 | USD | 212,432 | (482 | ) | |||||||||||||||
BRL | 1,148,537 | BBP |
10/04/22 | USD | 212,432 | (482 | ) | |||||||||||||||
BRL | 2,412,564 | CBNA |
10/04/22 | USD | 446,226 | (1,013 | ) | |||||||||||||||
BRL | 1,942,930 | CBNA |
10/04/22 | USD | 359,363 | (816 | ) | |||||||||||||||
BRL | 1,151,286 | GSI |
10/04/22 | USD | 224,000 | 10,576 | ||||||||||||||||
BRL | 782,476 | GSI |
10/04/22 | USD | 148,000 | 2,945 | ||||||||||||||||
BRL | 782,476 | GSI |
10/04/22 | USD | 148,000 | 2,945 | ||||||||||||||||
BRL | 771,007 | GSI |
10/04/22 | USD | 142,605 | (324 | ) | |||||||||||||||
BRL | 771,007 | GSI |
10/04/22 | USD | 142,605 | (324 | ) | |||||||||||||||
BRL | 761,534 | GSI |
10/04/22 | USD | 147,000 | 5,828 | ||||||||||||||||
BRL | 761,534 | GSI |
10/04/22 | USD | 147,000 | 5,828 | ||||||||||||||||
BRL | 446,792 | GSI |
10/04/22 | USD | 82,638 | (188 | ) | |||||||||||||||
BRL | 446,792 | GSI |
10/04/22 | USD | 82,638 | (188 | ) | |||||||||||||||
BRL | 3,186,705 | HSBC |
10/04/22 | USD | 619,000 | 28,251 | ||||||||||||||||
BRL | 2,424,240 | HSBC |
10/04/22 | USD | 448,385 | (1,018 | ) | |||||||||||||||
BRL | 1,590,778 | HSBC |
10/04/22 | USD | 309,000 | 14,103 | ||||||||||||||||
BRL | 1,590,778 | HSBC |
10/04/22 | USD | 309,000 | 14,103 | ||||||||||||||||
BRL | 811,571 | HSBC |
10/04/22 | USD | 150,107 | (341 | ) | |||||||||||||||
BRL | 811,571 | HSBC |
10/04/22 | USD | 150,107 | (341 | ) | |||||||||||||||
BRL | 4,826,502 | JPMC |
10/04/22 | USD | 892,706 | (2,027 | ) | |||||||||||||||
BRL | 1,557,944 | JPMC |
10/04/22 | USD | 306,000 | 17,190 | ||||||||||||||||
BRL | 778,701 | JPMC |
10/04/22 | USD | 150,000 | 5,645 | ||||||||||||||||
BRL | 449,929 | GSI |
11/03/22 | USD | 83,000 | 195 | ||||||||||||||||
BRL | 449,929 | GSI |
11/03/22 | USD | 83,000 | 195 | ||||||||||||||||
CAD | 304,689 | JPMC |
10/17/22 | USD | 221,000 | 434 | ||||||||||||||||
CAD | 1,601,000 | BOA |
12/21/22 | USD | 1,212,053 | 52,629 | ||||||||||||||||
CHF | 149,446 | BOA |
10/17/22 | USD | 156,000 | 4,367 |
BHFTII-39
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Forward Foreign Currency Exchange Contracts(Continued)
Contracts to Deliver |
Counterparty |
Settlement Date |
In Exchange for |
Unrealized Appreciation/ (Depreciation) |
||||||||||||||||||
CHF | 149,446 | BOA |
10/17/22 | USD | 156,000 | $ | 4,367 | |||||||||||||||
CLP | 285,572,000 | CBNA |
10/17/22 | USD | 310,000 | 15,475 | ||||||||||||||||
CLP | 285,572,000 | CBNA |
10/17/22 | USD | 310,000 | 15,475 | ||||||||||||||||
CLP | 138,499,700 | CBNA |
10/17/22 | USD | 142,000 | (842 | ) | |||||||||||||||
CLP | 138,499,700 | CBNA |
10/17/22 | USD | 142,000 | (842 | ) | |||||||||||||||
CLP | 137,825,000 | CBNA |
10/17/22 | USD | 149,000 | 6,854 | ||||||||||||||||
CLP | 137,825,000 | CBNA |
10/17/22 | USD | 149,000 | 6,854 | ||||||||||||||||
COP | 1,729,588,500 | BNP |
10/18/22 | USD | 391,000 | 16,835 | ||||||||||||||||
COP | 1,729,588,500 | BNP |
10/18/22 | USD | 391,000 | 16,835 | ||||||||||||||||
COP | 663,600,000 | CBNA |
10/18/22 | USD | 150,000 | 6,442 | ||||||||||||||||
COP | 663,600,000 | CBNA |
10/18/22 | USD | 150,000 | 6,442 | ||||||||||||||||
COP | 649,690,020 | GSI |
10/18/22 | USD | 147,000 | 6,451 | ||||||||||||||||
COP | 649,690,020 | GSI |
10/18/22 | USD | 147,000 | 6,451 | ||||||||||||||||
COP | 5,580,296,000 | JPMC |
11/23/22 | USD | 1,273,459 | 74,476 | ||||||||||||||||
EUR | 451,000 | NWM |
10/17/22 | USD | 451,116 | 8,720 | ||||||||||||||||
EUR | 451,000 | NWM |
10/17/22 | USD | 451,116 | 8,720 | ||||||||||||||||
EUR | 225,000 | NWM |
10/17/22 | USD | 225,058 | 4,350 | ||||||||||||||||
EUR | 297,000 | MSIP |
11/23/22 | USD | 304,026 | 11,944 | ||||||||||||||||
EUR | 24,988,557 | DBAG |
12/21/22 | USD | 24,779,028 | 139,395 | ||||||||||||||||
EUR | 11,496,000 | RBC |
12/21/22 | USD | 11,569,632 | 234,155 | ||||||||||||||||
EUR | 22,277,431 | UBSA |
12/21/22 | USD | 22,429,185 | 462,822 | ||||||||||||||||
GBP | 131,000 | HSBC |
10/17/22 | USD | 151,021 | 4,712 | ||||||||||||||||
GBP | 131,000 | HSBC |
10/17/22 | USD | 151,021 | 4,712 | ||||||||||||||||
GBP | 130,000 | HSBC |
10/17/22 | USD | 147,057 | 1,864 | ||||||||||||||||
GBP | 130,000 | HSBC |
10/17/22 | USD | 147,057 | 1,864 | ||||||||||||||||
GBP | 102,000 | JPMC |
10/17/22 | USD | 109,082 | (4,838 | ) | |||||||||||||||
GBP | 102,000 | JPMC |
10/17/22 | USD | 109,082 | (4,838 | ) | |||||||||||||||
GBP | 101,000 | MSIP |
10/31/22 | USD | 106,938 | (5,899 | ) | |||||||||||||||
GBP | 101,000 | MSIP |
10/31/22 | USD | 106,938 | (5,899 | ) | |||||||||||||||
MXN | 4,431,160 | MSIP |
10/17/22 | USD | 217,000 | (2,499 | ) | |||||||||||||||
MXN | 4,431,160 | MSIP |
10/17/22 | USD | 217,000 | (2,499 | ) | |||||||||||||||
MXN | 2,939,609 | GSI |
10/31/22 | USD | 143,000 | (2,237 | ) | |||||||||||||||
MXN | 2,939,609 | GSI |
10/31/22 | USD | 143,000 | (2,237 | ) | |||||||||||||||
MXN | 79,568,000 | HSBC |
11/23/22 | USD | 3,919,529 | 4,754 | ||||||||||||||||
MXN | 9,823,215 | HSBC |
11/23/22 | USD | 481,379 | (1,926 | ) | |||||||||||||||
NOK | 1,593,484 | GSI |
10/17/22 | USD | 147,000 | 651 | ||||||||||||||||
NOK | 2,268,016 | JPMC |
10/17/22 | USD | 221,000 | 12,700 | ||||||||||||||||
THB | 8,617,500 | HSBC |
10/17/22 | USD | 225,000 | (3,596 | ) | |||||||||||||||
THB | 8,617,500 | HSBC |
10/17/22 | USD | 225,000 | (3,596 | ) | |||||||||||||||
TRY | 4,097,100 | JPMC |
11/23/22 | USD | 210,000 | 3,287 | ||||||||||||||||
TRY | 4,097,100 | JPMC |
11/23/22 | USD | 210,000 | 3,287 | ||||||||||||||||
ZAR | 7,927,432 | DBAG |
10/03/22 | USD | 457,000 | 19,020 | ||||||||||||||||
ZAR | 2,615,273 | BOA |
10/17/22 | USD | 150,000 | 5,680 | ||||||||||||||||
ZAR | 2,615,273 | BOA |
10/17/22 | USD | 150,000 | 5,680 | ||||||||||||||||
ZAR | 2,623,405 | CBNA |
10/17/22 | USD | 148,000 | 3,231 | ||||||||||||||||
ZAR | 2,623,405 | CBNA |
10/17/22 | USD | 148,000 | 3,231 | ||||||||||||||||
ZAR | 2,555,642 | GSI |
10/17/22 | USD | 142,000 | 971 | ||||||||||||||||
ZAR | 2,555,642 | GSI |
10/17/22 | USD | 142,000 | 971 | ||||||||||||||||
ZAR | 2,631,371 | JPMC |
10/17/22 | USD | 147,000 | 1,792 | ||||||||||||||||
ZAR | 2,631,371 | JPMC |
10/17/22 | USD | 147,000 | 1,792 | ||||||||||||||||
Cross Currency Contracts to Buy |
||||||||||||||||||||||
AUD | 338,000 | CBNA |
10/17/22 | CAD | 300,333 | (1,185 | ) | |||||||||||||||
EUR | 151,000 | HSBC |
10/17/22 | PLN | 721,842 | 2,790 | ||||||||||||||||
EUR | 151,000 | HSBC |
10/17/22 | PLN | 721,842 | 2,790 | ||||||||||||||||
EUR | 15,063,000 | DBAG |
12/21/22 | GBP | 13,137,421 | 166,847 | ||||||||||||||||
EUR | 14,637,000 | MSIP |
12/21/22 | GBP | 13,168,323 | (287,749 | ) | |||||||||||||||
GBP | 13,291,567 | JPMC |
12/21/22 | EUR | 14,637,000 | 425,518 | ||||||||||||||||
JPY | 31,870,375 | HSBC |
10/17/22 | EUR | 224,000 | 742 | ||||||||||||||||
|
|
|||||||||||||||||||||
Net Unrealized Appreciation |
|
$ | 1,251,961 | |||||||||||||||||||
|
|
BHFTII-40
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Futures Contracts
Futures Contracts - Long |
Expiration Date |
Number of Contracts |
Notional Value |
Value/ Unrealized Appreciation/ (Depreciation) |
||||||||||||||||
U.S. Treasury Long Bond Futures |
12/20/22 | 777 | USD | 98,217,656 | $ | (6,101,771 | ) | |||||||||||||
U.S. Treasury Note 2 Year Futures |
12/30/22 | 78 | USD | 16,020,469 | (137,961 | ) | ||||||||||||||
U.S. Treasury Note 5 Year Futures |
12/30/22 | 2,777 | USD | 298,549,197 | (8,914,890 | ) | ||||||||||||||
U.S. Treasury Note 10 Year Futures |
12/20/22 | 104 | USD | 11,654,500 | (35,542 | ) | ||||||||||||||
U.S. Treasury Ultra Long Bond Futures |
12/20/22 | 679 | USD | 93,023,000 | (6,459,271 | ) | ||||||||||||||
Futures Contracts - Short |
||||||||||||||||||||
3 Month SOFR Futures |
06/20/23 | (601 | ) | USD | (143,608,950 | ) | 103,895 | |||||||||||||
Euro Stoxx Banks Index Futures |
12/16/22 | (397 | ) | EUR | (1,548,300 | ) | 166,563 | |||||||||||||
Euro Stoxx 50 Index Futures |
12/16/22 | (86 | ) | EUR | (2,850,900 | ) | 126,188 | |||||||||||||
Euro-BTP Futures |
12/08/22 | (232 | ) | EUR | (25,979,360 | ) | 550,704 | |||||||||||||
Euro-Bund Futures |
12/08/22 | (1 | ) | EUR | (138,490 | ) | 3,151 | |||||||||||||
Euro-Buxl 30 Year Bond Futures |
12/08/22 | (24 | ) | EUR | (3,519,360 | ) | 324,179 | |||||||||||||
Japanese Government 10 Year Bond Futures |
12/13/22 | (61 | ) | JPY | (9,046,300,000 | ) | 115,920 | |||||||||||||
S&P 500 Index E-Mini Futures |
12/16/22 | (17 | ) | USD | (3,061,275 | ) | 412,009 | |||||||||||||
U.S. Treasury Note Ultra 10 Year Futures |
12/20/22 | (209 | ) | USD | (24,763,234 | ) | 264,568 | |||||||||||||
|
|
|||||||||||||||||||
Net Unrealized Depreciation |
|
$ | (19,582,258 | ) | ||||||||||||||||
|
|
Purchased Options
Foreign Currency Options |
Strike Price |
Counterparty | Expiration Date |
Number of Contracts |
Notional Amount |
Premiums Paid |
Market Value |
Unrealized Appreciation/ (Depreciation) |
||||||||||||||||||||||||||||
EUR Put/USD Call |
USD | 0.980 | DBAG | 10/24/22 | 61,749,000 | EUR | 61,749,000 | $ | 528,351 | $ | 764,634 | $ | 236,283 | |||||||||||||||||||||||
USD Call/CNH Put |
CNH | 7.050 | MSIP | 10/11/22 | 1,344,000 | USD | 1,344,000 | 4,072 | 18,922 | 14,850 | ||||||||||||||||||||||||||
USD Call/CNH Put |
CNH | 7.070 | MSIP | 10/17/22 | 1,336,000 | USD | 1,336,000 | 6,379 | 17,519 | 11,140 | ||||||||||||||||||||||||||
USD Put/BRL Call |
BRL | 5.300 | GSI | 10/27/22 | 578,000 | USD | 578,000 | 10,369 | 7,615 | (2,754 | ) | |||||||||||||||||||||||||
USD Put/BRL Call |
BRL | 4.650 | BOA | 03/23/23 | 88,000 | USD | 88,000 | 12,558 | 6,803 | (5,755 | ) | |||||||||||||||||||||||||
USD Put/JPY Call |
JPY | 134.000 | MSIP | 10/26/22 | 2,802,000 | USD | 2,802,000 | 42,957 | 2,407 | (40,550 | ) | |||||||||||||||||||||||||
USD Put/JPY Call |
JPY | 122.000 | GSI | 12/08/22 | 222,000 | USD | 222,000 | 25,286 | 2,740 | (22,546 | ) | |||||||||||||||||||||||||
USD Put/KRW Call |
KRW | 1,385.000 | MSIP | 10/20/22 | 884,000 | USD | 884,000 | 8,881 | 890 | (7,991 | ) | |||||||||||||||||||||||||
USD Put/ZAR Call |
ZAR | 17.250 | BOA | 10/07/22 | 746,000 | USD | 746,000 | 7,867 | 132 | (7,735 | ) | |||||||||||||||||||||||||
USD Put/ZAR Call |
ZAR | 16.900 | JPMC | 10/20/22 | 928,000 | USD | 928,000 | 18,945 | 403 | (18,542 | ) | |||||||||||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||||||||||||||
Totals |
|
$ | 665,665 | $ | 822,065 | $ | 156,400 | |||||||||||||||||||||||||||||
|
|
|
|
|
|
BHFTII-41
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Purchased Options (Continued)
Interest Rate Swaptions |
Strike Rate |
Counterparty | Floating Rate Index |
Pay/ Receive Floating Rate |
Expiration Date |
Number of Contracts |
Notional Amount | Premiums Paid |
Market Value |
Unrealized Appreciation/ (Depreciation) |
||||||||||||||||||||||||||||||
Call - OTC - 10 Yr. IRS |
2.960% | MSIP | 12M SOFR | Pay | 09/03/24 | 3,635,800 | USD | 3,635,800 | $ | 178,609 | $ | 128,660 | $ | (49,949 | ) | |||||||||||||||||||||||||
Call - OTC - 10 Yr. IRS |
3.280% | GSI | 12M SOFR | Pay | 09/23/24 | 2,858,200 | USD | 2,858,200 | 147,054 | 136,100 | (10,954 | ) | ||||||||||||||||||||||||||||
Call - OTC - 10 Yr. IRS |
3.245% | GSI | 12M SOFR | Pay | 09/23/24 | 744,600 | USD | 744,600 | 37,565 | 34,428 | (3,137 | ) | ||||||||||||||||||||||||||||
Call - OTC - 10 Yr. IRS |
3.140% | BNP | 12M SOFR | Pay | 09/23/25 | 1,310,700 | USD | 1,310,700 | 75,038 | 64,773 | (10,265 | ) | ||||||||||||||||||||||||||||
Put - OTC - 10 Yr. IRS |
2.480% | GSI | 12M SOFR | Receive | 08/10/23 | 36,484,000 | USD | 36,484,000 | 1,265,995 | 3,327,301 | 2,061,306 | |||||||||||||||||||||||||||||
Put - OTC - 10 Yr. IRS |
2.510% | GSI | 12M SOFR | Receive | 08/10/23 | 36,484,000 | USD | 36,484,000 | 1,191,203 | 3,255,650 | 2,064,447 | |||||||||||||||||||||||||||||
Put - OTC - 10 Yr. IRS |
2.960% | MSIP | 12M SOFR | Receive | 09/03/24 | 3,635,800 | USD | 3,635,800 | 178,609 | 246,732 | 68,123 | |||||||||||||||||||||||||||||
Put - OTC - 10 Yr. IRS |
3.280% | GSI | 12M SOFR | Receive | 09/23/24 | 2,858,200 | USD | 2,858,200 | 147,054 | 157,164 | 10,110 | |||||||||||||||||||||||||||||
Put - OTC - 10 Yr. IRS |
3.245% | GSI | 12M SOFR | Receive | 09/23/24 | 744,600 | USD | 744,600 | 37,565 | 41,932 | 4,367 | |||||||||||||||||||||||||||||
Put - OTC - 10 Yr. IRS |
3.140% | BNP | 12M SOFR | Receive | 09/23/25 | 1,310,700 | USD | 1,310,700 | 75,037 | 84,213 | 9,176 | |||||||||||||||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||||||||||||||||||
Totals |
|
$ | 3,333,729 | $ | 7,476,953 | $ | 4,143,224 | |||||||||||||||||||||||||||||||||
|
|
|
|
|
|
Options on Exchange-Traded Future Contracts |
Strike Price |
Expiration Date |
Number of Contracts |
Notional Amount |
Premiums Paid |
Market Value |
Unrealized Appreciation/ (Depreciation) |
|||||||||||||||||||||||||
Call - U.S. Treasury Note 10 Year Futures |
USD | 111.000 | 10/21/22 | 5 | USD 5,000 | $ | 6,023 | $ | 8,672 | $ | 2,649 | |||||||||||||||||||||
|
|
|
|
|
|
Written Options
Foreign Currency Options |
Strike Price |
Counterparty | Expiration Date |
Number of Contracts |
Notional Amount |
Premiums Received |
Market Value |
Unrealized Appreciation/ (Depreciation) |
||||||||||||||||||||||||||||
EUR Put/USD Call |
USD | 0.960 | DBAG | 10/24/22 | (61,749,000 | ) | EUR | (61,749,000 | ) | $ | (207,488 | ) | $ | (356,506 | ) | $ | (149,018 | ) | ||||||||||||||||||
USD Call/CNH Put |
CNH | 7.170 | MSIP | 10/17/22 | (1,336,000 | ) | USD | (1,336,000 | ) | (2,663 | ) | (7,777 | ) | (5,114 | ) | |||||||||||||||||||||
USD Call/ZAR Put |
ZAR | 18.000 | JPMC | 10/20/22 | (618,000 | ) | USD | (618,000 | ) | (5,930 | ) | (11,978 | ) | (6,048 | ) | |||||||||||||||||||||
USD Put/BRL Call |
BRL | 5.100 | GSI | 10/27/22 | (868,000 | ) | USD | (868,000 | ) | (5,297 | ) | (3,377 | ) | 1,920 | ||||||||||||||||||||||
USD Put/JPY Call |
JPY | 130.000 | MSIP | 10/26/22 | (2,802,000 | ) | USD | (2,802,000 | ) | (20,724 | ) | (880 | ) | 19,844 | ||||||||||||||||||||||
USD Put/KRW Call |
KRW | 1,360.000 | MSIP | 10/20/22 | (884,000 | ) | USD | (884,000 | ) | (3,381 | ) | (225 | ) | 3,156 | ||||||||||||||||||||||
USD Put/ZAR Call |
ZAR | 16.900 | BOA | 10/07/22 | (746,000 | ) | USD | (746,000 | ) | (3,398 | ) | (9 | ) | 3,389 | ||||||||||||||||||||||
USD Put/ZAR Call |
ZAR | 16.350 | JPMC | 10/20/22 | (1,392,000 | ) | USD | (1,392,000 | ) | (11,602 | ) | (33 | ) | 11,569 | ||||||||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||||||||||||||
Totals |
|
$ | (260,483 | ) | $ | (380,785 | ) | $ | (120,302 | ) | ||||||||||||||||||||||||||
|
|
|
|
|
|
Interest Rate Swaptions |
Strike Rate | Counterparty | Floating |
Pay/Receive Floating Rate |
Expiration |
Number of Contracts |
Notional Amount | Premiums Received |
Market Value |
Unrealized Appreciation/ (Depreciation) |
||||||||||||||||||||||||
Call - OTC - 10 Yr. IRS |
2.410% | BOA | 12M SOFR | Receive | 08/10/23 | (46,022,329 | ) | USD | (46,022,329 | ) | $ | (1,610,782 | ) | $ | (427,787 | ) | $ | 1,182,995 | ||||||||||||||||
Call - OTC - 10 Yr. IRS |
1.821% | GSI | 6M EURIBOR | Receive | 11/11/22 | (760,500 | ) | EUR | (760,500 | ) | (17,338 | ) | (264 | ) | 17,074 | |||||||||||||||||||
Call - OTC - 2 Yr. IRS |
1.770% | GSI | 12M SOFR | Receive | 08/11/23 | (159,857,000 | ) | USD | (159,857,000 | ) | (523,532 | ) | (154,326 | ) | 369,206 | |||||||||||||||||||
Call - OTC - 2 Yr. IRS |
3.100% | BOA | 12M SOFR | Receive | 09/08/23 | (179,685,576 | ) | USD | (179,685,576 | ) | (1,796,856 | ) | (956,269 | ) | 840,587 | |||||||||||||||||||
Put - OTC - 10 Yr. IRS |
3.200% | GSI | 12M SOFR | Pay | 08/10/23 | (24,293,848 | ) | USD | (24,293,848 | ) | (516,244 | ) | (1,216,823 | ) | (700,579 | ) | ||||||||||||||||||
Put - OTC - 10 Yr. IRS |
3.100% | GSI | 12M SOFR | Pay | 08/10/23 | (24,293,848 | ) | USD | (24,293,848 | ) | (553,292 | ) | (1,334,585 | ) | (781,293 | ) | ||||||||||||||||||
Put - OTC - 2 Yr. IRS |
3.770% | GSI | 12M SOFR | Pay | 08/11/23 | (159,857,000 | ) | USD | (159,857,000 | ) | (671,399 | ) | (2,129,167 | ) | (1,457,768 | ) | ||||||||||||||||||
Put - OTC - 1 Yr. IRS |
3.480% | GSI | 12M SOFR | Pay | 08/10/23 | (328,525,069 | ) | USD | (328,525,069 | ) | (1,268,141 | ) | (3,286,565 | ) | (2,018,424 | ) | ||||||||||||||||||
Put - OTC - 1 Yr. IRS |
3.480% | GSI | 12M SOFR | Pay | 08/10/23 | (328,525,069 | ) | USD | (328,525,069 | ) | (1,176,059 | ) | (3,286,565 | ) | (2,110,506 | ) | ||||||||||||||||||
Put - OTC - 2 Yr. IRS |
3.100% | BOA | 12M SOFR | Pay | 09/08/23 | (179,685,576 | ) | USD | (179,685,576 | ) | (1,796,856 | ) | (3,770,307 | ) | (1,973,451 | ) | ||||||||||||||||||
Put - OTC - 10 Yr. IRS |
2.410% | BOA | 12M SOFR | Pay | 08/10/23 | (46,022,329 | ) | USD | (46,022,329 | ) | (1,610,782 | ) | (4,411,111 | ) | (2,800,329 | ) | ||||||||||||||||||
Put - OTC - 10 Yr. IRS |
1.821% | GSI | 6M EURIBOR | Pay | 11/11/22 | (760,500 | ) | EUR | (760,500 | ) | (15,807 | ) | (84,731 | ) | (68,924 | ) | ||||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||||||||||||
Totals |
|
$ | (11,557,088 | ) | $ | (21,058,500 | ) | $ | (9,501,412 | ) | ||||||||||||||||||||||||
|
|
|
|
|
|
BHFTII-42
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Written Options (Continued)
Options on Exchange-Traded Futures Contracts |
Strike Price |
Expiration Date |
Number of Contracts |
Notional Amount |
Premiums Received |
Market Value |
Unrealized Appreciation/ (Depreciation) |
|||||||||||||||||||||||||||
Call - SOFR 3 Month Interest Rate Futures |
USD | 96.000 | 03/10/23 | (26 | ) | USD | (65,000 | ) | $ | (24,108 | ) | $ | (12,513 | ) | $ | 11,595 | ||||||||||||||||||
Call - SOFR 3 Month Interest Rate Futures |
USD | 96.250 | 03/10/23 | (1,277 | ) | USD | (3,192,500 | ) | (1,210,430 | ) | (423,006 | ) | 787,424 | |||||||||||||||||||||
Put - SOFR 3 Month Interest Rate Futures |
USD | 96.000 | 03/10/23 | (26 | ) | USD | (65,000 | ) | (17,820 | ) | (39,488 | ) | (21,668 | ) | ||||||||||||||||||||
Put - SOFR 3 Month Interest Rate Futures |
USD | 96.250 | 03/10/23 | (1,277 | ) | USD | (3,192,500 | ) | (1,178,505 | ) | (2,530,056 | ) | (1,351,551 | ) | ||||||||||||||||||||
Put - U.S. Treasury Note 2 Year Futures |
USD | 102.250 | 11/25/22 | (11 | ) | USD | (22,000 | ) | (5,140 | ) | (6,703 | ) | (1,563 | ) | ||||||||||||||||||||
Put - U.S. Treasury Note 5 Year Futures |
USD | 109.000 | 11/25/22 | (11 | ) | USD | (11,000 | ) | (11,036 | ) | (21,570 | ) | (10,534 | ) | ||||||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||||||||||||
Totals |
|
$ | (2,447,039 | ) | $ | (3,033,336 | ) | $ | (586,297 | ) | ||||||||||||||||||||||||
|
|
|
|
|
|
Swap Agreements
Centrally Cleared Interest Rate Swaps
Pay/Receive Floating Rate |
Floating Rate Index |
Payment |
Fixed Rate |
Payment |
Maturity Date |
Notional Amount |
Market Value |
Upfront Premiums Paid/(Received) |
Unrealized Appreciation/ (Depreciation) |
|||||||||||||||||||||||
Pay |
1M TIIE | Monthly | 10.170% | Monthly | 09/14/23 | MXN | 37,346,000 | $ | (6,834 | ) | $ | 3 | $ | (6,837 | ) | |||||||||||||||||
Pay |
1M TIIE | Monthly | 10.300% | Monthly | 09/18/23 | MXN | 29,751,000 | (3,655 | ) | 2 | (3,657 | ) | ||||||||||||||||||||
Pay |
6M EURIBOR | Semi-Annually | 1.522% | Annually | 02/15/31 | EUR | 1,560,064 | (165,578 | ) | 24 | (165,602 | ) | ||||||||||||||||||||
Pay |
6M EURIBOR | Semi-Annually | 1.522% | Semi-Annually | 02/15/31 | EUR | 2,085,647 | (221,368 | ) | 32 | (221,400 | ) | ||||||||||||||||||||
Pay |
6M EURIBOR | Semi-Annually | 1.538% | Semi-Annually | 02/15/31 | EUR | 5,311,271 | (557,631 | ) | 85 | (557,716 | ) | ||||||||||||||||||||
Pay |
6M EURIBOR | Semi-Annually | 1.548% | Semi-Annually | 02/15/31 | EUR | 2,663,939 | (277,652 | ) | 43 | (277,695 | ) | ||||||||||||||||||||
Pay |
6M EURIBOR | Semi-Annually | 1.555% | Semi-Annually | 02/15/31 | EUR | 1,559,981 | (161,849 | ) | 24 | (161,873 | ) | ||||||||||||||||||||
Pay |
6M EURIBOR | Semi-Annually | 1.559% | Semi-Annually | 02/15/31 | EUR | 5,311,271 | (549,313 | ) | 85 | (549,398 | ) | ||||||||||||||||||||
Pay |
6M EURIBOR | Semi-Annually | 1.568% | Semi-Annually | 02/15/31 | EUR | 5,313,529 | (546,060 | ) | 85 | (546,145 | ) | ||||||||||||||||||||
Pay |
6M EURIBOR | Semi-Annually | 1.592% | Semi-Annually | 02/15/31 | EUR | 2,654,108 | (268,260 | ) | 42 | (268,302 | ) | ||||||||||||||||||||
Pay |
6M EURIBOR | Semi-Annually | 1.645% | Semi-Annually | 02/15/31 | EUR | 1,034,064 | (100,554 | ) | 16 | (100,570 | ) | ||||||||||||||||||||
Pay |
6M EURIBOR | Semi-Annually | 1.646% | Semi-Annually | 02/15/31 | EUR | 1,034,064 | (100,423 | ) | 16 | (100,439 | ) | ||||||||||||||||||||
Pay |
6M EURIBOR | Semi-Annually | 1.647% | Semi-Annually | 02/15/31 | EUR | 2,089,018 | (202,748 | ) | 32 | (202,780 | ) | ||||||||||||||||||||
Pay |
6M EURIBOR | Semi-Annually | 1.689% | Semi-Annually | 02/15/31 | EUR | 1,065,399 | (100,190 | ) | 17 | (100,207 | ) | ||||||||||||||||||||
Pay |
6M EURIBOR | Semi-Annually | 1.818% | Semi-Annually | 02/15/31 | EUR | 4,301,176 | (364,020 | ) | 67 | (364,087 | ) | ||||||||||||||||||||
Pay |
6M EURIBOR | Semi-Annually | 2.442% | Semi-Annually | 07/14/32 | EUR | 1,521,000 | (46,097 | ) | 19 | (46,116 | ) | ||||||||||||||||||||
Receive |
12M TONA | Annually | 0.298% | Annually | 04/07/32 | JPY | 857,795,850 | 126,098 | 114 | 125,984 | ||||||||||||||||||||||
Receive |
12M TONA | Annually | 0.301% | Annually | 04/07/32 | JPY | 864,909,279 | 125,330 | 115 | 125,215 | ||||||||||||||||||||||
Receive |
12M TONA | Annually | 0.303% | Annually | 04/07/32 | JPY | 861,582,705 | 123,931 | 114 | 123,817 | ||||||||||||||||||||||
Receive |
12M TONA | Annually | 0.306% | Annually | 04/07/32 | JPY | 848,043,548 | 120,287 | 113 | 120,174 | ||||||||||||||||||||||
Receive |
12M TONA | Annually | 0.306% | Annually | 04/07/32 | JPY | 752,038,618 | 106,766 | 100 | 106,666 | ||||||||||||||||||||||
Receive |
12M TONA | Annually | 0.394% | Annually | 05/02/32 | JPY | 520,994,500 | 46,172 | 67 | 46,105 | ||||||||||||||||||||||
Receive |
12M TONA | Annually | 0.396% | Annually | 05/02/32 | JPY | 520,994,500 | 45,325 | 67 | 45,258 | ||||||||||||||||||||||
Receive |
12M TONA | Annually | 0.420% | Annually | 06/14/32 | JPY | 1,029,109,758 | 77,834 | 128 | 77,706 | ||||||||||||||||||||||
Receive |
12M TONA | Annually | 0.424% | Annually | 06/14/32 | JPY | 1,160,485,472 | 84,719 | 144 | 84,575 | ||||||||||||||||||||||
Receive |
12M TONA | Annually | 0.812% | Annually | 05/30/52 | JPY | 189,191,500 | 121,239 | 53 | 121,186 | ||||||||||||||||||||||
Receive |
12M TONA | Annually | 0.819% | Annually | 05/30/52 | JPY | 189,191,500 | 118,876 | 53 | 118,823 | ||||||||||||||||||||||
Receive |
12M TONA | Annually | 0.830% | Annually | 05/30/52 | JPY | 189,191,500 | 115,164 | 53 | 115,111 | ||||||||||||||||||||||
Receive |
12M TONA | Annually | 0.855% | Annually | 05/09/52 | JPY | 343,214,300 | 192,971 | 93 | 192,878 | ||||||||||||||||||||||
Receive |
12M TONA | Annually | 0.861% | Annually | 05/09/52 | JPY | 339,782,157 | 187,411 | 92 | 187,319 | ||||||||||||||||||||||
Receive |
12M TONA | Annually | 0.867% | Annually | 05/30/52 | JPY | 189,191,500 | 102,678 | 53 | 102,625 | ||||||||||||||||||||||
Receive |
1M TIIE | Monthly | 9.250% | Monthly | 09/17/32 | MXN | 17,648,000 | (3,064 | ) | 14 | (3,078 | ) | ||||||||||||||||||||
Receive |
3M LIBOR | Quarterly | 2.915% | Quarterly | 08/23/26 | USD | 110,000 | 4,918 | 2 | 4,916 | ||||||||||||||||||||||
Receive |
3M LIBOR | Quarterly | 3.156% | Quarterly | 10/03/28 | USD | 1,279,000 | 58,822 | 16 | 58,806 | ||||||||||||||||||||||
Receive |
6M EURIBOR | Semi-Annually | 2.220% | Semi-Annually | 09/12/24 | EUR | 1,498,000 | 13,131 | 479 | 12,652 | ||||||||||||||||||||||
Receive |
6M WIBOR | Semi-Annually | 6.870% | Semi-Annually | 09/29/27 | PLN | 895,300 | 1,353 | 2 | 1,351 | ||||||||||||||||||||||
Receive |
6M WIBOR | Semi-Annually | 6.990% | Semi-Annually | 09/30/27 | PLN | 1,290,000 | 674 | 3 | 671 | ||||||||||||||||||||||
Receive |
6M WIBOR | Semi-Annually | 7.150% | Semi-Annually | 12/21/27 | PLN | 1,782,000 | (1,845 | ) | 4 | (1,849 | ) | ||||||||||||||||||||
Receive |
6M WIBOR | Quarterly | 6.150% | Quarterly | 11/04/24 | PLN | 5,327,500 | 15,311 | 2 | 15,309 | ||||||||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||||||||||
Totals |
|
$ | (1,888,131 | ) | $ | 2,473 | $ | (1,890,604 | ) | |||||||||||||||||||||||
|
|
|
|
|
|
BHFTII-43
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
OTC Interest Rate Swaps
Pay/Receive |
Floating Rate Index |
Payment Frequency |
Fixed Rate |
Payment Frequency |
Maturity Date |
Counterparty | Notional Amount |
Market Value |
Upfront Premium Paid/(Received) |
Unrealized Appreciation/ (Depreciation)(1) |
||||||||||||||||||||||||||||||
Pay |
1-Day CDI | Maturity | 11.650% | Maturity | 01/02/25 | JPMC | BRL | 1,837,207 | $ | (57 | ) | $ | | $ | (57 | ) | ||||||||||||||||||||||||
Pay |
1-Day CDI | Maturity | 11.694% | Maturity | 01/02/25 | CBNA | BRL | 2,574,000 | 278 | | 278 | |||||||||||||||||||||||||||||
Pay |
3M CLOIS | Semi-Annually | 1.650% | Semi-Annually | 05/28/23 | BOA | CLP | 3,163,924,000 | (203,245 | ) | | (203,245 | ) | |||||||||||||||||||||||||||
Receive |
3M CLOIS | Semi-Annually | 1.420% | Semi-Annually | 04/01/23 | BOA | CLP | 3,163,924,000 | 164,627 | | 164,627 | |||||||||||||||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||||||||||||||||||
Totals |
|
$ | (38,397 | ) | $ | | $ | (38,397 | ) | |||||||||||||||||||||||||||||||
|
|
|
|
|
|
(1) | There were no upfront premiums paid or (received), therefore Market Value equals Unrealized Appreciation/(Depreciation). |
Centrally Cleared Credit Default Swaps on Credit IndicesBuy Protection (a)
Reference Obligation |
Fixed Deal (Pay) Rate |
Payment Frequency |
Maturity Date |
Implied |
Notional Amount(c) |
Market Value |
Upfront Premiums Paid/(Received) |
Unrealized Appreciation/ (Depreciation) |
||||||||||||||||||||||||||||
CDX.NA.HY.33.V13 |
(5.000 | %) | Quarterly | 12/20/24 | 4.413 | % | USD 4,786,420 | $ | (56,255 | ) | $ | 43,380 | $ | (99,635 | ) | |||||||||||||||||||||
CDX.NA.HY.37.V2 |
(5.000 | %) | Quarterly | 12/20/26 | 5.295 | % | USD 4,804,470 | 47,804 | (184,931 | ) | 232,735 | |||||||||||||||||||||||||
CDX.NA.IG.39.V1 |
(1.000 | %) | Quarterly | 12/20/27 | 1.078 | % | USD 57,529,000 | 204,113 | 265,021 | (60,908 | ) | |||||||||||||||||||||||||
ITRX.FINSR.38.V1 |
(1.000 | %) | Quarterly | 12/20/27 | 1.473 | % | EUR 9,090,000 | 195,117 | 130,173 | 64,944 | ||||||||||||||||||||||||||
ITRX.EUR.38.V1 |
(1.000 | %) | Quarterly | 12/20/27 | 1.334 | % | EUR 2,890,000 | 44,037 | 25,509 | 18,528 | ||||||||||||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||||||||||||||
Totals |
|
$ | 434,816 | $ | 279,152 | $ | 155,664 | |||||||||||||||||||||||||||||
|
|
|
|
|
|
Centrally Cleared Credit Default Swaps on Credit IndicesSell Protection (d)
Reference Obligation |
Fixed Deal Receive Rate |
Payment Frequency |
Maturity Date |
Implied Credit Spread at September 30, 2022(b) |
Notional Amount(c) |
Market Value |
Upfront Premiums Paid/(Received) |
Unrealized Appreciation/ (Depreciation) |
||||||||||||||||||||||||||||
ITRX.EUR.XOVER.38.V1 |
5.000 | % | Quarterly | 12/20/27 | 6.333 | % | EUR 281,000 | $ | (13,962 | ) | $ | (11,994 | ) | $ | (1,968 | ) | ||||||||||||||||||||
|
|
|
|
|
|
OTC Credit Default Swaps on Corporate and Sovereign IssuesBuy Protection (a)
Reference Obligation |
Fixed Deal (Pay) Rate |
Payment Frequency |
Maturity Date |
Counterparty | Implied Credit Spread at September 30, 2022(b) |
Notional Amount(c) |
Market Value |
Upfront Premium Paid/(Received) |
Unrealized Appreciation/ (Depreciation) |
|||||||||||||||||||||||||||||||
Abbott Laboratories |
(1.000 | %) | Quarterly | 06/20/27 | JPMC | 0.360 | % | USD | 1,237,909 | $ | (34,118 | ) | $ | (27,268 | ) | $ | (6,850 | ) | ||||||||||||||||||||||
Avis Budget Group, Inc. |
(5.000 | %) | Quarterly | 12/20/24 | JPMC | 3.275 | % | USD | 460,000 | (16,246 | ) | 17,172 | (33,418 | ) | ||||||||||||||||||||||||||
Avis Budget Group, Inc. |
(5.000 | %) | Quarterly | 06/20/25 | JPMC | 4.001 | % | USD | 480,000 | (11,696 | ) | 32,493 | (44,189 | ) | ||||||||||||||||||||||||||
Beazer Homes USA, Inc. |
(5.000 | %) | Quarterly | 06/20/24 | BNP | 6.332 | % | USD | 250,000 | 5,179 | (5,080 | ) | 10,259 | |||||||||||||||||||||||||||
Beazer Homes USA, Inc. |
(5.000 | %) | Quarterly | 06/20/24 | BNP | 6.332 | % | USD | 250,000 | 5,179 | (5,482 | ) | 10,661 | |||||||||||||||||||||||||||
Beazer Homes USA, Inc. |
(5.000 | %) | Quarterly | 06/20/24 | BBP | 6.332 | % | USD | 250,000 | 5,179 | (5,754 | ) | 10,933 | |||||||||||||||||||||||||||
Boeing Co. |
(1.000 | %) | Quarterly | 12/20/24 | BNP | 1.587 | % | USD | 460,000 | 5,645 | (4,082 | ) | 9,727 | |||||||||||||||||||||||||||
Boeing Co. |
(1.000 | %) | Quarterly | 12/20/24 | MSIP | 1.587 | % | USD | 1,185,000 | 14,542 | (6,232 | ) | 20,774 | |||||||||||||||||||||||||||
Brazil Government International Bond |
(1.000 | %) | Quarterly | 12/20/24 | BBP | 1.649 | % | USD | 740,000 | 10,089 | 8,161 | 1,928 | ||||||||||||||||||||||||||||
Brazil Government International Bond |
(1.000 | %) | Quarterly | 12/20/24 | BBP | 1.649 | % | USD | 526,000 | 7,172 | 5,801 | 1,371 | ||||||||||||||||||||||||||||
Brazil Government International Bond |
(1.000 | %) | Quarterly | 12/20/24 | BBP | 1.649 | % | USD | 525,000 | 7,158 | 5,902 | 1,256 |
BHFTII-44
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
OTC Credit Default Swaps on Corporate and Sovereign IssuesBuy Protection (a)(Continued)
Reference Obligation |
Fixed Deal (Pay) Rate |
Payment Frequency |
Maturity Date |
Counterparty | Implied Credit Spread at September 30, 2022(b) |
Notional Amount(c) |
Market Value |
Upfront Premium Paid/(Received) |
Unrealized Appreciation/ (Depreciation) |
|||||||||||||||||||||||||||||
Brazil Government International Bond |
(1.000 | %) | Quarterly | 12/20/24 | BBP | 1.649 | % | USD | 524,000 | $ | 7,144 | $ | 5,891 | $ | 1,253 | |||||||||||||||||||||||
Brazil Government International Bond |
(1.000 | %) | Quarterly | 12/20/24 | BBP | 1.649 | % | USD | 520,000 | 7,090 | 5,846 | 1,244 | ||||||||||||||||||||||||||
Brazil Government International Bond |
(1.000 | %) | Quarterly | 12/20/24 | BBP | 1.649 | % | USD | 314,000 | 4,281 | 3,463 | 818 | ||||||||||||||||||||||||||
Brazil Government International Bond |
(1.000 | %) | Quarterly | 12/20/27 | BBP | 3.044 | % | USD | 3,372,600 | 304,417 | 233,394 | 71,023 | ||||||||||||||||||||||||||
Brazil Government International Bond |
(1.000 | %) | Quarterly | 12/20/27 | BBP | 3.044 | % | USD | 2,719,000 | 245,422 | 188,405 | 57,017 | ||||||||||||||||||||||||||
Chile Government International Bond |
(1.000 | %) | Quarterly | 12/20/27 | BBP | 1.669 | % | USD | 750,018 | 22,916 | 10,758 | 12,158 | ||||||||||||||||||||||||||
Colombia Government International Bond |
(1.000 | %) | Quarterly | 12/20/27 | CBNA | 3.280 | % | USD | 703,044 | 70,227 | 49,539 | 20,688 | ||||||||||||||||||||||||||
Indonesia Government International Bond |
(1.000 | %) | Quarterly | 12/20/27 | GSI | 1.574 | % | USD | 1,349,000 | 35,205 | 10,516 | 24,689 | ||||||||||||||||||||||||||
Mexico Government International Bond |
(1.000 | %) | Quarterly | 12/20/27 | MSIP | 1.948 | % | USD | 3,414,000 | 146,491 | 81,846 | 64,645 | ||||||||||||||||||||||||||
Occidental Petroleum Corp. |
(1.000 | %) | Quarterly | 12/20/24 | BBP | 1.027 | % | USD | 970,000 | 551 | 226,528 | (225,977 | ) | |||||||||||||||||||||||||
Philippines Government International Bond |
(1.000 | %) | Quarterly | 12/20/27 | GSI | 1.463 | % | USD | 1,956,035 | 41,337 | 1,133 | 40,204 | ||||||||||||||||||||||||||
Republic of South Africa Government International Bond |
(1.000 | %) | Quarterly | 12/20/27 | GSI | 3.402 | % | USD | 436,722 | 45,567 | 29,551 | 16,016 | ||||||||||||||||||||||||||
Tenet Healthcare Corp. |
(5.000 | %) | Quarterly | 06/20/24 | BBP | 2.249 | % | USD | 499,000 | (22,542 | ) | (2,024 | ) | (20,518 | ) | |||||||||||||||||||||||
Turkey Government International Bond |
(1.000 | %) | Quarterly | 12/20/27 | GSI | 7.700 | % | USD | 584,000 | 146,907 | 131,790 | 15,117 | ||||||||||||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||||||||||||||||
Totals |
|
$ | 1,053,096 | $ | 992,267 | $ | 60,829 | |||||||||||||||||||||||||||||||
|
|
|
|
|
|
OTC Credit Default Swaps on Credit IndicesBuy Protection (a)
Reference Obligation |
Fixed Deal (Pay) Rate |
Payment Frequency |
Maturity Date |
Counterparty | Implied Credit Spread at September 30, 2022(b) |
Notional Amount(c) |
Market Value |
Upfront Premium Paid/(Received) |
Unrealized Appreciation/ (Depreciation) |
|||||||||||||||||||||||||||||
CMBX.NA.AAA.V6 |
(0.500 | %) | Monthly | 05/11/63 | DBAG | 0.250 | % | USD | 1,001,000 | $ | (206 | ) | $ | 145 | $ | (351 | ) | |||||||||||||||||||||
CMBX.NA.AAA.V6 |
(0.500 | %) | Monthly | 05/11/63 | DBAG | 0.250 | % | USD | 2,340,000 | (482 | ) | (883 | ) | 401 | ||||||||||||||||||||||||
CMBX.NA.AAA.V9 |
(0.500 | %) | Monthly | 09/17/58 | CSI | 0.612 | % | USD | 1,610,000 | 4,948 | 19,805 | (14,857 | ) | |||||||||||||||||||||||||
CMBX.NA.AAA.V9 |
(0.500 | %) | Monthly | 09/17/58 | DBAG | 0.612 | % | USD | 1,280,000 | 3,934 | 15,972 | (12,038 | ) | |||||||||||||||||||||||||
CMBX.NA.AAA.V9 |
(0.500 | %) | Monthly | 09/17/58 | MSIP | 0.612 | % | USD | 1,960,000 | 6,024 | 26,423 | (20,399 | ) | |||||||||||||||||||||||||
CMBX.NA.AAA.V9 |
(0.500 | %) | Monthly | 09/17/58 | MSIP | 0.612 | % | USD | 1,090,000 | 3,350 | 13,409 | (10,059 | ) | |||||||||||||||||||||||||
CMBX.NA.AAA.V9 |
(0.500 | %) | Monthly | 09/17/58 | MSIP | 0.612 | % | USD | 900,000 | 2,766 | 11,071 | (8,305 | ) | |||||||||||||||||||||||||
CMBX.NA.BBB-.V6 |
(3.000 | %) | Monthly | 05/11/63 | JPMC | 149.288 | % | USD | 340,000 | 76,390 | 34,298 | 42,092 | ||||||||||||||||||||||||||
CMBX.NA.BBB-.V9 |
(3.000 | %) | Monthly | 09/17/58 | CGM | 11.068 | % | USD | 500,000 | 97,537 | 16,105 | 81,432 | ||||||||||||||||||||||||||
CMBX.NA.BBB-.V9 |
(3.000 | %) | Monthly | 09/17/58 | MSIP | 11.068 | % | USD | 105,000 | 20,483 | 5,538 | 14,945 | ||||||||||||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||||||||||||||||
Totals |
|
$ | 214,744 | $ | 141,883 | $ | 72,861 | |||||||||||||||||||||||||||||||
|
|
|
|
|
|
BHFTII-45
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
OTC Credit Default Swaps on Credit IndicesSell Protection (d)
Reference |
Fixed Deal Receive Rate |
Payment Frequency |
Maturity Date |
Counterparty | Implied Credit Spread at September 30, 2022(b) |
Notional Amount(c) |
Market Value |
Upfront Premium Paid/ (Received) |
Unrealized Appreciation/ (Depreciation) |
|||||||||||||||||||||||||||||
CMBX.NA.A.V10 |
2.000 | % | Monthly | 11/17/59 | DBAG | 3.669 | % | USD | 660,000 | $ | (38,306 | ) | $ | (30,601 | ) | $ | (7,705 | ) | ||||||||||||||||||||
CMBX.NA.A.V10 |
2.000 | % | Monthly | 11/17/59 | DBAG | 3.669 | % | USD | 1,310,000 | (76,032 | ) | (59,736 | ) | (16,296 | ) | |||||||||||||||||||||||
CMBX.NA.AAA.V7 |
0.500 | % | Quarterly | 01/17/47 | CSI | 0.486 | % | USD | 5,000,000 | 672 | (156,398 | ) | 157,070 | |||||||||||||||||||||||||
CMBX.NA.BBB-.V10 |
3.000 | % | Monthly | 11/17/59 | JPMC | 8.906 | % | USD | 40,000 | (7,442 | ) | (3,575 | ) | (3,867 | ) | |||||||||||||||||||||||
CMBX.NA.BBB-.V6 |
3.000 | % | Monthly | 05/11/63 | CSI | 149.288 | % | USD | 340,000 | (76,390 | ) | (28,925 | ) | (47,465 | ) | |||||||||||||||||||||||
CMBX.NA.BBB-.V9 |
3.000 | % | Monthly | 09/17/58 | DBAG | 11.068 | % | USD | 467,000 | (91,099 | ) | (57,313 | ) | (33,786 | ) | |||||||||||||||||||||||
CMBX.NA.BBB-.V9 |
3.000 | % | Monthly | 09/17/58 | GSI | 11.068 | % | USD | 210,000 | (40,965 | ) | (22,290 | ) | (18,675 | ) | |||||||||||||||||||||||
CMBX.NA.BBB-.V9 |
3.000 | % | Monthly | 09/17/58 | JPMC | 11.068 | % | USD | 130,000 | (25,360 | ) | (27,941 | ) | 2,581 | ||||||||||||||||||||||||
CMBX.NA.BBB-.V9 |
3.000 | % | Monthly | 09/17/58 | MSIP | 11.068 | % | USD | 236,000 | (46,037 | ) | (10,925 | ) | (35,112 | ) | |||||||||||||||||||||||
CMBX.NA.BBB-.V9 |
3.000 | % | Monthly | 09/17/58 | MSIP | 11.068 | % | USD | 240,000 | (46,818 | ) | (302 | ) | (46,516 | ) | |||||||||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||||||||||||||||
Totals |
|
$ | (447,777 | ) | $ | (398,006 | ) | $ | (49,771 | ) | ||||||||||||||||||||||||||||
|
|
|
|
|
|
(a) | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | |
(b) | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues or indices as of period end serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entitys credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. A credit spread identified as Defaulted indicates a credit event has occurred for the referenced entity or obligation. | |
(c) | The maximum potential amount of future undiscounted payments that the Portfolio could be required to make under a credit default swap contract would be the notional amount of the contract. These potential amounts would be partially offset by any recovery values of the referenced debt obligation or net amounts received from the settlement of purchased protection credit default swap contracts entered into by the Portfolio for the same referenced debt obligation. | |
(d) | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
Securities in the amount of $532,415 have been received at the custodian bank as collateral for OTC swap contracts, OTC option contracts and forward foreign currency exchange contracts.
Glossary of Abbreviations
Counterparties
(BBP) | Barclays Bank plc | |||
(BNP) | BNP Paribas S.A. | |||
(BOA) | Bank of America N.A. | |||
(CBNA) | Citibank N.A. | |||
(CGM) | Citigroup Global Markets, Inc. | |||
(DBAG) | Deutsche Bank AG | |||
(GSI) | Goldman Sachs International | |||
(HSBC) | HSBC Bank plc | |||
(JPMC) | JPMorgan Chase Bank N.A. | |||
(MSIP) | Morgan Stanley & Co. International plc | |||
(NWM) | NatWest Markets plc | |||
(RBC) | Royal Bank of Canada | |||
(SCB) | Standard Chartered Bank | |||
(UBSA) | UBS AG |
Currencies
(AUD) | Australian Dollar | |||
(BRL) | Brazilian Real | |||
(CAD) | Canadian Dollar | |||
(CHF) | Swiss Franc | |||
(CLP) | Chilean Peso | |||
(CNH) | Chinese Renminbi | |||
(COP) | Colombian Peso | |||
(EUR) | Euro | |||
(GBP) | British Pound | |||
(IDR) | Indonesian Rupiah | |||
(JPY) | Japanese Yen | |||
(KRW) | South Korean Won | |||
(MXN) | Mexican Peso | |||
(NOK) | Norwegian Krone | |||
(PLN) | Polish Zloty | |||
(RUB) | Russian Ruble | |||
(THB) | Thai Baht | |||
(TRY) | Turkish Lira | |||
(USD) | United States Dollar | |||
(ZAR) | South African Rand |
BHFTII-46
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Glossary of Abbreviations(Continued)
Index Abbreviations
(CDI) | Brazil Interbank Deposit Rate | |||
(CDX.NA.HY) | Markit North America High Yield CDS Index | |||
(CDX.NA.IG) | Markit North America Investment Grade CDS Index | |||
(CLOIS) | Sinacofi Chile Interbank Rate Average | |||
(CMBX.NA.A) | Markit North America A Rated CMBS Index | |||
(CMBX.NA.AAA) | Markit North America AAA Rated CMBS Index | |||
(CMBX.NA.BBB-) | Markit North America BBB- Rated CMBS Index | |||
(EURIBOR) | Euro InterBank Offered Rate | |||
(H15) | U.S. Treasury Yield Curve Rate T-Note Constant Maturity Index | |||
(ITRX.EUR) | Markit iTraxx Europe CDS Index | |||
(ITRX.EUR.XOVER) | Markit iTraxx Europe Crossover CDS Index | |||
(ITRX.FINSR) | Markit iTraxx Europe Senior Financial CDS Index | |||
(LIBOR) | London Interbank Offered Rate | |||
(MTA) | Monthly Treasury Average Index | |||
(OBFR) | U.S. Overnight Bank Funding Rate | |||
(SOFR) | Secured Overnight Financing Rate | |||
(SOFR30A) | Secured Overnight Financing Rate 30-Day Average | |||
(TIIE) | Mexican Interbank Equilibrium Interest Rate | |||
(TONA) | Tokyo Overnight Average Rate | |||
(TSFR) | Term Secured Financing Rate | |||
(WIBOR) | Warsaw Interbank Offered Rate |
Other Abbreviations
(ARM) | Adjustable-Rate Mortgage | |||
(CDO) | Collateralized Debt Obligation | |||
(CLO) | Collateralized Loan Obligation | |||
(CMO) | Collateralized Mortgage Obligation | |||
(CMS) | Constant Maturity Swap | |||
(CDS) | Credit Default Swap | |||
(DAC) | Designated Activity Company | |||
(ICE) | Intercontinental Exchange, Inc. | |||
(IRS) | Interest Rate Swap | |||
(REIT) | Real Estate Investment Trust | |||
(REMIC) | Real Estate Mortgage Investment Conduit | |||
(STACR) | Structured Agency Credit Risk |
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Total U.S. Treasury & Government Agencies* |
$ | | $ | 1,332,531,754 | $ | | $ | 1,332,531,754 | ||||||||
Corporate Bonds & Notes |
| |||||||||||||||
Advertising |
| 1,916,807 | | 1,916,807 | ||||||||||||
Aerospace/Defense |
| 20,585,793 | | 20,585,793 | ||||||||||||
Agriculture |
| 6,892,733 | | 6,892,733 | ||||||||||||
Airlines |
| 16,623,978 | | 16,623,978 | ||||||||||||
Apparel |
| 39,267 | | 39,267 | ||||||||||||
Auto Manufacturers |
| 15,296,050 | | 15,296,050 | ||||||||||||
Auto Parts & Equipment |
| 483,408 | | 483,408 | ||||||||||||
Banks |
| 198,893,168 | | 198,893,168 | ||||||||||||
Beverages |
| 4,270,767 | | 4,270,767 | ||||||||||||
Biotechnology |
| 7,966,702 | | 7,966,702 | ||||||||||||
Building Materials |
| 860,987 | | 860,987 | ||||||||||||
Chemicals |
| 6,505,686 | | 6,505,686 | ||||||||||||
Commercial Services |
| 21,658,741 | | 21,658,741 | ||||||||||||
Computers |
| 10,663,443 | | 10,663,443 | ||||||||||||
Distribution/Wholesale |
| 93,643 | | 93,643 | ||||||||||||
Diversified Financial Services |
| 10,523,062 | | 10,523,062 | ||||||||||||
Electric |
| 68,877,920 | | 68,877,920 | ||||||||||||
Electronics |
| 1,643,449 | | 1,643,449 | ||||||||||||
Energy-Alternate Sources |
| 505,124 | | 505,124 |
BHFTII-47
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Fair Value Hierarchy(Continued)
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Engineering & Construction |
$ | | $ | 694,502 | $ | | $ | 694,502 | ||||||||
Entertainment |
| 5,236,844 | | 5,236,844 | ||||||||||||
Environmental Control |
| 2,447,456 | | 2,447,456 | ||||||||||||
Food |
| 2,430,772 | | 2,430,772 | ||||||||||||
Food Service |
| 441,792 | | 441,792 | ||||||||||||
Forest Products & Paper |
| 1,050,274 | | 1,050,274 | ||||||||||||
Gas |
| 2,022,852 | | 2,022,852 | ||||||||||||
Healthcare-Products |
| 3,551,409 | | 3,551,409 | ||||||||||||
Healthcare-Services |
| 25,805,301 | | 25,805,301 | ||||||||||||
Home Builders |
| 5,770,021 | 1,150,474 | 6,920,495 | ||||||||||||
Insurance |
| 7,022,563 | | 7,022,563 | ||||||||||||
Internet |
| 2,142,448 | | 2,142,448 | ||||||||||||
Investment Companies |
| 1,957,503 | | 1,957,503 | ||||||||||||
Iron/Steel |
| 1,852,599 | | 1,852,599 | ||||||||||||
Lodging |
| 2,344,712 | 1,267,105 | 3,611,817 | ||||||||||||
Machinery-Diversified |
| 3,375,820 | | 3,375,820 | ||||||||||||
Media |
| 33,474,304 | | 33,474,304 | ||||||||||||
Mining |
| 10,767,065 | | 10,767,065 | ||||||||||||
Miscellaneous Manufacturing |
| 1,873,088 | | 1,873,088 | ||||||||||||
Oil & Gas |
| 30,500,655 | | 30,500,655 | ||||||||||||
Packaging & Containers |
| 1,954,671 | | 1,954,671 | ||||||||||||
Pharmaceuticals |
| 20,615,838 | | 20,615,838 | ||||||||||||
Pipelines |
| 62,170,761 | | 62,170,761 | ||||||||||||
Real Estate |
| 1,533,574 | 1,144,320 | 2,677,894 | ||||||||||||
Real Estate Investment Trusts |
| 48,909,577 | | 48,909,577 | ||||||||||||
Retail |
| 3,845,236 | | 3,845,236 | ||||||||||||
Semiconductors |
| 29,430,948 | | 29,430,948 | ||||||||||||
Shipbuilding |
| 1,766,262 | | 1,766,262 | ||||||||||||
Software |
| 26,833,783 | | 26,833,783 | ||||||||||||
Telecommunications |
| 60,683,160 | | 60,683,160 | ||||||||||||
Toys/Games/Hobbies |
| 399,700 | | 399,700 | ||||||||||||
Transportation |
| 12,435,189 | | 12,435,189 | ||||||||||||
Trucking & Leasing |
| 2,890,593 | | 2,890,593 | ||||||||||||
Total Corporate Bonds & Notes |
| 812,532,000 | 3,561,899 | 816,093,899 | ||||||||||||
Total Asset-Backed Securities* |
| 334,713,989 | | 334,713,989 | ||||||||||||
Total Mortgage-Backed Securities* |
| 200,106,788 | | 200,106,788 | ||||||||||||
Floating Rate Loans |
| |||||||||||||||
Airlines |
| 520 | | 520 | ||||||||||||
Apparel |
| 845,015 | | 845,015 | ||||||||||||
Auto Parts & Equipment |
| 582,637 | | 582,637 | ||||||||||||
Beverages |
| 676,373 | | 676,373 | ||||||||||||
Building Materials (Less Unfunded Loan Commitments of $29,272) |
| 716,232 | | 716,232 | ||||||||||||
Chemicals |
| 4,137,940 | | 4,137,940 | ||||||||||||
Commercial Services |
| 10,980,633 | 1,188,771 | 12,169,404 | ||||||||||||
Cosmetics/Personal Care |
| 178,757 | | 178,757 | ||||||||||||
Electric |
| 1,292,177 | | 1,292,177 | ||||||||||||
Entertainment |
| 7,092,436 | | 7,092,436 | ||||||||||||
Environmental Control |
| 427,278 | | 427,278 | ||||||||||||
Food |
| 1,021,178 | | 1,021,178 | ||||||||||||
Hand/Machine Tools |
| 955,351 | | 955,351 | ||||||||||||
Healthcare-Services |
| 496,361 | | 496,361 | ||||||||||||
Household Products/Wares |
| 258,608 | | 258,608 | ||||||||||||
Housewares |
| 267,909 | | 267,909 | ||||||||||||
Internet |
| 194,637 | | 194,637 | ||||||||||||
Lodging |
| 5,708,881 | | 5,708,881 | ||||||||||||
Machinery-Diversified |
| 338,542 | | 338,542 | ||||||||||||
Media |
| 1,721,842 | | 1,721,842 | ||||||||||||
Mining |
| 199,802 | | 199,802 |
BHFTII-48
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Fair Value Hierarchy(Continued)
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Oil & Gas |
$ | | $ | 679,324 | $ | | $ | 679,324 | ||||||||
Packaging & Containers |
| 321,345 | | 321,345 | ||||||||||||
Pipelines |
| 2,689,559 | | 2,689,559 | ||||||||||||
Real Estate Investment Trusts |
| 472,605 | | 472,605 | ||||||||||||
Retail |
| 5,831,986 | | 5,831,986 | ||||||||||||
Software |
| 1,023,516 | | 1,023,516 | ||||||||||||
Telecommunications |
| 1,347,271 | | 1,347,271 | ||||||||||||
Total Floating Rate Loans (Less Unfunded Loan Commitments of $29,272) |
| 50,458,715 | 1,188,771 | 51,647,486 | ||||||||||||
Total Foreign Government* |
| 20,064,333 | | 20,064,333 | ||||||||||||
Total Municipals* |
| 18,478,414 | | 18,478,414 | ||||||||||||
Total Common Stocks* |
7,249,840 | | | 7,249,840 | ||||||||||||
Total Preferred Stock* |
| | 2,424,330 | 2,424,330 | ||||||||||||
Convertible Bonds |
| |||||||||||||||
Airlines |
| 47,350 | | 47,350 | ||||||||||||
Automobiles |
| | 1,090,250 | 1,090,250 | ||||||||||||
Energy-Alternate Sources |
| 75,684 | | 75,684 | ||||||||||||
Total Convertible Bonds |
| 123,034 | 1,090,250 | 1,213,284 | ||||||||||||
Warrants |
| |||||||||||||||
Automobiles |
| | 147,903 | 147,903 | ||||||||||||
Commercial Services & Supplies |
1,890 | | | 1,890 | ||||||||||||
Health Care Providers & Services |
96,201 | | | 96,201 | ||||||||||||
Health Care Technology |
1,825 | | | 1,825 | ||||||||||||
Hotels, Restaurants & Leisure |
| | 416 | 416 | ||||||||||||
Independent Power and Renewable Electricity Producers |
28,837 | | | 28,837 | ||||||||||||
Interactive Media & Services |
55,562 | | | 55,562 | ||||||||||||
Machinery |
42,544 | | | 42,544 | ||||||||||||
Oil, Gas & Consumable Fuels |
5,965 | | | 5,965 | ||||||||||||
Real Estate Management & Development |
5,285 | | | 5,285 | ||||||||||||
Software |
3,714 | | | 3,714 | ||||||||||||
Special Purpose Acquisition Companies |
7,202 | 0 | | 7,202 | ||||||||||||
Specialty Retail |
43,607 | | | 43,607 | ||||||||||||
Total Warrants |
292,632 | 0 | 148,319 | 440,951 | ||||||||||||
Total Escrow Shares* |
| | 1 | 1 | ||||||||||||
Total Short-Term Investments* |
| 252,976,790 | | 252,976,790 | ||||||||||||
Securities Lending Reinvestments |
| |||||||||||||||
Repurchase Agreements |
| 12,320,593 | | 12,320,593 | ||||||||||||
Mutual Funds |
1,000,000 | | | 1,000,000 | ||||||||||||
Total Securities Lending Reinvestments |
1,000,000 | 12,320,593 | | 13,320,593 | ||||||||||||
Purchased Options |
| |||||||||||||||
Foreign Currency Options at Value |
| 822,065 | | 822,065 | ||||||||||||
Interest Rate Swaptions at Value |
| 7,476,953 | | 7,476,953 | ||||||||||||
Options on Exchange-Traded Futures Contracts at Value |
8,672 | | | 8,672 | ||||||||||||
Total Purchased Options |
$ | 8,672 | $ | 8,299,018 | $ | | $ | 8,307,690 | ||||||||
Total Net Investments |
$ | 8,551,144 | $ | 3,042,605,428 | $ | 8,413,570 | $ | 3,059,570,142 | ||||||||
Collateral for Securities Loaned (Liability) |
$ | | $ | (13,320,593 | ) | $ | | $ | (13,320,593 | ) | ||||||
TBA Forward Sales Commitments |
| (20,998,358 | ) | | (20,998,358 | ) | ||||||||||
Forward Contracts |
| |||||||||||||||
Forward Foreign Currency Exchange Contracts (Unrealized Appreciation) |
$ | | $ | 2,035,639 | $ | | $ | 2,035,639 | ||||||||
Forward Foreign Currency Exchange Contracts (Unrealized Depreciation) |
| (783,678 | ) | | (783,678 | ) | ||||||||||
Total Forward Contracts |
$ | | $ | 1,251,961 | $ | | $ | 1,251,961 | ||||||||
Futures Contracts |
| |||||||||||||||
Futures Contracts (Unrealized Appreciation) |
$ | 2,067,177 | $ | | $ | | $ | 2,067,177 | ||||||||
Futures Contracts (Unrealized Depreciation) |
(21,649,435 | ) | | | (21,649,435 | ) | ||||||||||
Total Futures Contracts |
$ | (19,582,258 | ) | $ | | $ | | $ | (19,582,258 | ) |
BHFTII-49
Table of Contents
Brighthouse Funds Trust II
BlackRock Bond Income Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Fair Value Hierarchy(Continued)
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Written Options |
| |||||||||||||||
Foreign Currency Options at Value |
$ | | $ | (380,785 | ) | $ | | $ | (380,785 | ) | ||||||
Interest Rate Swaptions at Value |
| (21,058,500 | ) | | (21,058,500 | ) | ||||||||||
Options on Exchange-Traded Futures Contracts at Value |
(3,033,336 | ) | | | (3,033,336 | ) | ||||||||||
Total Written Options |
$ | (3,033,336 | ) | $ | (21,439,285 | ) | $ | | $ | (24,472,621 | ) | |||||
Centrally Cleared Swap Contracts |
| |||||||||||||||
Centrally Cleared Swap Contracts (Unrealized Appreciation) |
$ | | $ | 2,103,354 | $ | | $ | 2,103,354 | ||||||||
Centrally Cleared Swap Contracts (Unrealized Depreciation) |
| (3,840,262 | ) | | (3,840,262 | ) | ||||||||||
Total Centrally Cleared Swap Contracts |
$ | | $ | (1,736,908 | ) | $ | | $ | (1,736,908 | ) | ||||||
OTC Swap Contracts |
| |||||||||||||||
OTC Swap Contracts at Value (Assets) |
$ | | $ | 1,518,707 | $ | | $ | 1,518,707 | ||||||||
OTC Swap Contracts at Value (Liabilities) |
| (737,041 | ) | | (737,041 | ) | ||||||||||
Total OTC Swap Contracts |
$ | | $ | 781,666 | $ | | $ | 781,666 |
* | See Schedule of Investments for additional detailed categorizations. |
Level 3 investments at the beginning and/or end of the period in relation to net assets were not significant and accordingly, a reconciliation of Level 3 assets for the period ended September 31, 2022 is not presented.
During the period ended September 30, 2022, a transfer out of Level 3 in the amount of $3,682,175 was due to the initiation of a vendor or broker providing prices based on market indications which have been determined to be a significant observable input.
BHFTII-50
Table of Contents
Brighthouse Funds Trust II
BlackRock Capital Appreciation Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks96.6% of Net Assets
Security Description | Shares | Value | ||||||
Aerospace & Defense2.3% | ||||||||
TransDigm Group, Inc. |
55,989 | $ | 29,384,147 | |||||
|
|
|||||||
Automobiles4.1% | ||||||||
Tesla, Inc. (a) (b) |
199,131 | 52,819,498 | ||||||
|
|
|||||||
Capital Markets5.0% | ||||||||
Blackstone Inc. |
153,099 | 12,814,386 | ||||||
MSCI, Inc. |
31,965 | 13,482,517 | ||||||
S&P Global, Inc. |
128,505 | 39,239,002 | ||||||
|
|
|||||||
65,535,905 | ||||||||
|
|
|||||||
Chemicals1.2% | ||||||||
Sherwin-Williams Co. (The) |
75,754 | 15,510,631 | ||||||
|
|
|||||||
Commercial Services & Supplies1.9% | ||||||||
Cintas Corp. |
33,564 | 13,029,209 | ||||||
Waste Connections, Inc. |
82,641 | 11,167,278 | ||||||
|
|
|||||||
24,196,487 | ||||||||
|
|
|||||||
Equity Real Estate Investment Trusts0.9% | ||||||||
Prologis, Inc. (b) |
119,010 | 12,091,416 | ||||||
|
|
|||||||
Health Care Equipment & Supplies3.3% | ||||||||
Edwards Lifesciences Corp. (a) |
41,469 | 3,426,583 | ||||||
IDEXX Laboratories, Inc. (a) (b) |
53,685 | 17,490,573 | ||||||
Intuitive Surgical, Inc. (a) |
116,183 | 21,777,342 | ||||||
|
|
|||||||
42,694,498 | ||||||||
|
|
|||||||
Health Care Providers & Services3.8% | ||||||||
Humana, Inc. |
7,471 | 3,624,855 | ||||||
UnitedHealth Group, Inc. |
91,137 | 46,027,830 | ||||||
|
|
|||||||
49,652,685 | ||||||||
|
|
|||||||
Hotels, Restaurants & Leisure3.2% | ||||||||
Chipotle Mexican Grill, Inc. (a) |
12,461 | 18,725,892 | ||||||
Dominos Pizza, Inc. (b) |
10,148 | 3,147,910 | ||||||
Evolution AB |
248,555 | 19,574,315 | ||||||
|
|
|||||||
41,448,117 | ||||||||
|
|
|||||||
Interactive Media & Services6.6% | ||||||||
Alphabet, Inc. - Class A (a) |
670,221 | 64,106,639 | ||||||
Match Group, Inc. (a) |
465,770 | 22,240,517 | ||||||
|
|
|||||||
86,347,156 | ||||||||
|
|
|||||||
Internet & Direct Marketing Retail8.0% | ||||||||
Amazon.com, Inc. (a) |
926,430 | 104,686,590 | ||||||
|
|
|||||||
IT Services7.3% | ||||||||
Adyen NV (a) |
3,671 | 4,566,902 | ||||||
MasterCard, Inc. - Class A |
104,282 | 29,651,544 | ||||||
MongoDB, Inc. (a) |
12,897 | 2,560,828 | ||||||
Visa, Inc. - Class A (b) |
324,934 | 57,724,525 | ||||||
|
|
|||||||
94,503,799 | ||||||||
|
|
|||||||
Life Sciences Tools & Services6.8% | ||||||||
Danaher Corp. (b) |
140,174 | 36,205,542 | ||||||
Lonza Group AG |
34,652 | 16,851,575 | ||||||
Thermo Fisher Scientific, Inc. |
68,567 | 34,776,497 | ||||||
|
|
|||||||
87,833,614 | ||||||||
|
|
|||||||
Oil, Gas & Consumable Fuels2.2% | ||||||||
Cheniere Energy, Inc. |
115,934 | 19,234,610 | ||||||
EQT Corp. (b) |
139,149 | 5,670,322 | ||||||
Hess Corp. (b) |
29,175 | 3,179,783 | ||||||
|
|
|||||||
28,084,715 | ||||||||
|
|
|||||||
Pharmaceuticals3.2% | ||||||||
AstraZeneca plc (ADR) |
365,337 | 20,035,081 | ||||||
Zoetis, Inc. |
148,657 | 22,044,347 | ||||||
|
|
|||||||
42,079,428 | ||||||||
|
|
|||||||
Semiconductors & Semiconductor Equipment6.6% | ||||||||
Advanced Micro Devices, Inc. (a) |
107,117 | 6,786,933 | ||||||
ASML Holding NV |
80,128 | 33,281,165 | ||||||
Marvell Technology, Inc. |
622,659 | 26,718,298 | ||||||
NVIDIA Corp. |
158,957 | 19,295,790 | ||||||
|
|
|||||||
86,082,186 | ||||||||
|
|
|||||||
Software17.0% | ||||||||
Bill.com Holdings, Inc. (a) (b) |
72,933 | 9,654,141 | ||||||
Cadence Design Systems, Inc. (a) (b) |
104,081 | 17,009,958 | ||||||
Intuit, Inc. |
142,686 | 55,265,142 | ||||||
Microsoft Corp. |
457,626 | 106,581,095 | ||||||
ServiceNow, Inc. (a) |
84,181 | 31,787,587 | ||||||
|
|
|||||||
220,297,923 | ||||||||
|
|
|||||||
Technology Hardware, Storage & Peripherals8.5% | ||||||||
Apple, Inc. |
797,294 | 110,186,031 | ||||||
|
|
|||||||
Textiles, Apparel & Luxury Goods4.7% | ||||||||
LVMH Moet Hennessy Louis Vuitton SE |
63,917 | 37,572,653 | ||||||
NIKE, Inc. - Class B |
286,428 | 23,807,895 | ||||||
|
|
|||||||
61,380,548 | ||||||||
|
|
|||||||
Total Common Stocks |
1,254,815,374 | |||||||
|
|
|||||||
Preferred Stock0.7% |
| |||||||
Interactive Media & Services0.7% | ||||||||
Bytedance, Ltd. - Class E (a) (c) (d) |
50,800 | 8,442,835 | ||||||
|
|
BHFTII-51
Table of Contents
Brighthouse Funds Trust II
BlackRock Capital Appreciation Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Short-Term Investment2.8%
Security Description | Principal Amount* |
Value | ||||||
Repurchase Agreement2.8% | ||||||||
Fixed Income Clearing Corp. |
36,843,593 | $ | 36,843,593 | |||||
|
|
|||||||
Total Short-Term Investments |
36,843,593 | |||||||
|
|
|||||||
Securities Lending Reinvestments (e)12.9% |
| |||||||
Certificates of Deposit3.5% | ||||||||
Bank of Montreal (Chicago) |
2,000,000 | 2,000,000 | ||||||
Bank of Nova Scotia |
3,000,000 | 2,998,620 | ||||||
Barclays Bank plc |
1,000,000 | 1,000,044 | ||||||
BNP Paribas S.A. |
4,000,000 | 3,999,520 | ||||||
Canadian Imperial Bank of Commerce (NY) |
3,000,000 | 3,002,149 | ||||||
Citibank N.A. |
2,000,000 | 1,999,704 | ||||||
Cooperatieve Rabobank UA |
2,000,000 | 2,000,000 | ||||||
Credit Agricole Corp. & Investment Bank (NY) |
2,000,000 | 2,000,316 | ||||||
Credit Suisse (NY) |
2,000,000 | 2,000,052 | ||||||
3.370%, FEDEFF PRV + 0.290%, 10/17/22 (f) |
2,000,000 | 2,000,064 | ||||||
Mizuho Bank, Ltd. |
2,000,000 | 1,999,812 | ||||||
National Australia Bank, Ltd. |
2,000,000 | 2,000,000 | ||||||
Nordea Bank Abp (NY) |
2,000,000 | 2,002,140 | ||||||
Norinchukin Bank |
2,000,000 | 2,000,114 | ||||||
Royal Bank of Canada |
1,000,000 | 1,000,119 | ||||||
Standard Chartered Bank (NY) |
2,000,000 | 2,001,262 | ||||||
Sumitomo Mitsui Banking Corp. |
1,000,000 | 1,000,228 | ||||||
Sumitomo Mitsui Trust Bank, Ltd. |
2,000,000 | 2,001,678 | ||||||
Svenska Handelsbanken AB |
2,000,000 | 2,000,114 | ||||||
Toronto-Dominion Bank (The) |
1,000,000 | 999,936 | ||||||
3.570%, FEDEFF PRV + 0.490%, 12/23/22 (f) |
2,000,000 | 2,000,920 | ||||||
Westpac Banking Corp. |
4,000,000 | 3,998,760 | ||||||
|
|
|||||||
46,005,552 | ||||||||
|
|
|||||||
Commercial Paper0.2% | ||||||||
Skandinaviska Enskilda Banken AB |
1,000,000 | 1,000,160 | ||||||
United Overseas Bank, Ltd. |
2,000,000 | 2,001,806 | ||||||
|
|
|||||||
3,001,966 | ||||||||
|
|
|||||||
Repurchase Agreements7.8% | ||||||||
Cantor Fitzgerald & Co. |
10,000,000 | 10,000,000 | ||||||
Citigroup Global Markets, Inc. |
7,000,000 | 7,000,000 | ||||||
HSBC Securities, Inc. |
363,238 | 363,238 | ||||||
National Bank Financial, Inc. |
15,000,000 | 15,000,000 | ||||||
National Bank of Canada | ||||||||
Repurchase Agreement dated 09/30/22 at 3.070%, due on 10/07/22 with a maturity value of $5,203,104; collateralized by U.S. Treasury Obligations with rates ranging from 0.500% - 3.875%, maturity dates ranging from 05/31/23 - 05/15/32, and an aggregate market value of $5,317,264. |
5,200,000 | 5,200,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.200%, due on 10/07/22 with a maturity value of $3,302,053; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 5.500%, maturity dates ranging from 11/03/22 - 02/15/52, and various Common Stock with an aggregate market value of $3,616,965. |
3,300,000 | 3,300,000 | ||||||
Natixis S.A. (New York) |
36,998,886 | 36,998,886 |
BHFTII-52
Table of Contents
Brighthouse Funds Trust II
BlackRock Capital Appreciation Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Securities Lending Reinvestments (e)(Continued)
Security Description | Principal Amount* |
Value | ||||||
Repurchase Agreements(Continued) | ||||||||
Natwest Markets Securities, Inc. |
12,000,000 | $ | 12,000,000 | |||||
Societe Generale | ||||||||
Repurchase Agreement dated 09/30/22 at 3.000%, due on 10/03/22 with a maturity value of $1,800,450; collateralized by U.S. Treasury Obligations with rates ranging from 0.125% - 3.875%, maturity dates ranging from 10/31/22 - 08/15/40, and an aggregate market value of $1,837,224. |
1,800,000 | 1,800,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.070%, due on 10/03/22 with a maturity value of $3,000,768; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 1.125%, maturity dates ranging from 03/09/23 - 05/15/40, and various Common Stock with an aggregate market value of $3,333,193. |
3,000,000 | 3,000,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.160%, due on 10/03/22 with a maturity value of $814,844; collateralized by various Common Stock with an aggregate market value of $906,235. |
814,629 | 814,629 | ||||||
Repurchase Agreement dated 09/30/22 at 3.170%, due on 10/07/22 with a maturity value of $2,701,664; collateralized by various Common Stock with an aggregate market value of $3,003,618. |
2,700,000 | 2,700,000 | ||||||
TD Prime Services LLC |
3,000,000 | 3,000,000 | ||||||
|
|
|||||||
101,176,753 | ||||||||
|
|
|||||||
Mutual Funds1.4% | ||||||||
Dreyfus Treasury Obligations Cash Management Fund, Institutional Class |
3,000,000 | 3,000,000 | ||||||
HSBC U.S. Government Money Market Fund, Class I |
5,000,000 | 5,000,000 | ||||||
Mutual Funds(Continued) | ||||||||
Morgan Stanley Liquidity Funds Government Portfolio, Institutional Shares |
10,000,000 | 10,000,000 | ||||||
|
|
|||||||
18,000,000 | ||||||||
|
|
|||||||
Total Securities Lending Reinvestments |
168,184,271 | |||||||
|
|
|||||||
Total Investments113.0% |
1,468,286,073 | |||||||
Other assets and liabilities (net)(13.0)% |
(169,310,627 | ) | ||||||
|
|
|||||||
Net Assets100.0% | $ | 1,298,975,446 | ||||||
|
|
* | Principal amount stated in U.S. dollars unless otherwise noted. | |||
| Restricted securities are not registered under the Securities Act of 1933 and are subject to legal restrictions on resale. These securities generally may be resold in transactions exempt from registration or to the public if the securities are subsequently registered. Disposal of these securities may involve time-consuming negotiations and prompt sale at an acceptable price may be difficult. As of September 30, 2022, the market value of restricted securities was $8,442,835, which is 0.6% of net assets. See details shown in the Restricted Securities table that follows. | |||
(a) | Non-income producing security. | |||
(b) | All or a portion of the security was held on loan. As of September 30, 2022, the market value of securities loaned was $160,321,641 and the collateral received consisted of cash in the amount of $168,176,753. The cash collateral investments are disclosed in the Schedule of Investments and categorized as Securities Lending Reinvestments. | |||
(c) | Security was valued in good faith under procedures approved by the Board of Trustees. As of September 30, 2022, these securities represent 0.7% of net assets. | |||
(d) | Significant unobservable inputs were used in the valuation of this portfolio security; i.e. Level 3. | |||
(e) | Represents investment of cash collateral received from securities on loan as of September 30, 2022. | |||
(f) | Variable or floating rate security. The stated rate represents the rate at September 30, 2022. Maturity date shown for callable securities reflects the earliest possible call date. For securities based on a published reference index and spread, the index and spread are indicated in the description above. For certain variable rate securities, the coupon rate is determined by the issuer/agent based on current market conditions. For certain asset- and mortgage-backed securities, the coupon rate may fluctuate based on changes of the underlying collateral or prepayments of principal. These securities do not indicate a reference index and spread in their description above. | |||
(g) | The rate shown represents the annualized seven-day yield as of September 30, 2022. |
Restricted Securities |
Acquisition Date |
Shares | Cost | Value | ||||||||||||
Bytedance, Ltd. - Class E |
12/10/20 | 50,800 | $ | 5,566,368 | $ | 8,442,835 | ||||||||||
|
|
Glossary of Abbreviations
Index Abbreviations
(FEDEFF PRV) | Effective Federal Funds Rate | |||||
(SOFR) | Secured Overnight Financing Rate |
Other Abbreviations
(ADR) | American Depositary Receipt |
BHFTII-53
Table of Contents
Brighthouse Funds Trust II
BlackRock Capital Appreciation Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks |
| |||||||||||||||
Aerospace & Defense |
$ | 29,384,147 | $ | | $ | | $ | 29,384,147 | ||||||||
Automobiles |
52,819,498 | | | 52,819,498 | ||||||||||||
Capital Markets |
65,535,905 | | | 65,535,905 | ||||||||||||
Chemicals |
15,510,631 | | | 15,510,631 | ||||||||||||
Commercial Services & Supplies |
24,196,487 | | | 24,196,487 | ||||||||||||
Equity Real Estate Investment Trusts |
12,091,416 | | | 12,091,416 | ||||||||||||
Health Care Equipment & Supplies |
42,694,498 | | | 42,694,498 | ||||||||||||
Health Care Providers & Services |
49,652,685 | | | 49,652,685 | ||||||||||||
Hotels, Restaurants & Leisure |
21,873,802 | 19,574,315 | | 41,448,117 | ||||||||||||
Interactive Media & Services |
86,347,156 | | | 86,347,156 | ||||||||||||
Internet & Direct Marketing Retail |
104,686,590 | | | 104,686,590 | ||||||||||||
IT Services |
89,936,897 | 4,566,902 | | 94,503,799 | ||||||||||||
Life Sciences Tools & Services |
70,982,039 | 16,851,575 | | 87,833,614 | ||||||||||||
Oil, Gas & Consumable Fuels |
28,084,715 | | | 28,084,715 | ||||||||||||
Pharmaceuticals |
42,079,428 | | | 42,079,428 | ||||||||||||
Semiconductors & Semiconductor Equipment |
86,082,186 | | | 86,082,186 | ||||||||||||
Software |
220,297,923 | | | 220,297,923 | ||||||||||||
Technology Hardware, Storage & Peripherals |
110,186,031 | | | 110,186,031 | ||||||||||||
Textiles, Apparel & Luxury Goods |
23,807,895 | 37,572,653 | | 61,380,548 | ||||||||||||
Total Common Stocks |
1,176,249,929 | 78,565,445 | | 1,254,815,374 | ||||||||||||
Total Preferred Stock* |
| | 8,442,835 | 8,442,835 | ||||||||||||
Total Short-Term Investment* |
| 36,843,593 | | 36,843,593 | ||||||||||||
Securities Lending Reinvestments |
| |||||||||||||||
Certificates of Deposit |
| 46,005,552 | | 46,005,552 | ||||||||||||
Commercial Paper |
| 3,001,966 | | 3,001,966 | ||||||||||||
Repurchase Agreements |
| 101,176,753 | | 101,176,753 | ||||||||||||
Mutual Funds |
18,000,000 | | | 18,000,000 | ||||||||||||
Total Securities Lending Reinvestments |
18,000,000 | 150,184,271 | | 168,184,271 | ||||||||||||
Total Investments |
$ | 1,194,249,929 | $ | 265,593,309 | $ | 8,442,835 | $ | 1,468,286,073 | ||||||||
Collateral for Securities Loaned (Liability) |
$ | | $ | (168,176,753 | ) | $ | | $ | (168,176,753 | ) |
* | See Schedule of Investments for additional detailed categorizations. |
Level 3 investments at the beginning and/or end of the period in relation to net assets were not significant and accordingly, a reconciliation of Level 3 assets for the period ended September 30, 2022 is not presented.
BHFTII-54
Table of Contents
Brighthouse Funds Trust II
BlackRock Ultra-Short Term Bond Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes0.2% of Net Assets
Security Description | Principal Amount* |
Value | ||||||
Auto Manufacturers0.2% | ||||||||
Toyota Motor Credit Corp. |
1,928,000 | $ | 1,927,772 | |||||
|
|
|||||||
Short-Term Investments99.7% | ||||||||
Certificate of Deposit32.9% | ||||||||
Banco Santander S.A.(NY) |
||||||||
2.625%, SOFR + 0.420%, 10/07/22 (a) |
7,000,000 | 7,000,424 | ||||||
2.975%, SOFR + 0.450%, 10/28/22 (a) |
7,000,000 | 7,001,556 | ||||||
3.240%, SOFR + 0.550%, 02/17/23 (a) |
7,000,000 | 7,003,741 | ||||||
3.580%, SOFR + 0.620%, 01/18/23 (a) |
7,000,000 | 7,004,595 | ||||||
Bank of Montreal (Chicago) |
4,000,000 | 4,002,628 | ||||||
Bank of Nova Scotia |
||||||||
3.460%, SOFR + 0.500%, 05/05/23 (a) |
14,000,000 | 14,008,183 | ||||||
3.470%, SOFR + 0.510%, 03/16/23 (a) |
7,000,000 | 7,004,642 | ||||||
Barclays Bank plc |
4,500,000 | 4,505,317 | ||||||
Canadian Imperial Bank of Commerce(NY) |
||||||||
3.260%, SOFR + 0.300%, 01/06/23 (a) |
3,500,000 | 3,500,518 | ||||||
3.470%, SOFR + 0.510%, 03/15/23 (a) |
7,000,000 | 7,005,586 | ||||||
3.610%, SOFR + 0.650%, 07/03/23 (a) |
5,000,000 | 5,006,343 | ||||||
3.710%, SOFR + 0.750%, 07/21/23 (a) |
1,500,000 | 1,503,158 | ||||||
Citibank N.A. |
||||||||
3.580%, SOFR + 0.620%, 09/21/23 (a) |
3,000,000 | 2,999,648 | ||||||
4.160%, 09/01/23 |
4,500,000 | 4,470,164 | ||||||
Credit Agricole Corp. & Investment Bank (NY) |
7,000,000 | 7,006,533 | ||||||
Credit Suisse AG (NY) |
7,000,000 | 6,998,629 | ||||||
DZ Bank AG (NY) |
20,000,000 | 20,000,016 | ||||||
Landesbank Baden-Wuettertemberg (NY) |
30,000,000 | 29,999,964 | ||||||
Lloyds Bank Corporate Markets plc |
3,400,000 | 3,401,498 | ||||||
Mitsubishi UFJ Trust & Banking Corp. |
6,000,000 | 6,000,948 | ||||||
MUFG Bank Ltd. (NY) |
||||||||
0.300%, 10/31/22 |
3,000,000 | 2,992,773 | ||||||
0.330%, 11/01/22 |
7,000,000 | 6,982,740 | ||||||
3.240%, SOFR + 0.280%, 01/23/23 (a) |
6,000,000 | 5,999,049 | ||||||
3.260%, SOFR + 0.300%, 03/10/23 (a) |
4,000,000 | 3,998,526 | ||||||
Natixis S.A. (NY) |
6,000,000 | 5,999,929 | ||||||
Nordea Bank Abp (NY) |
||||||||
3.150%, SOFR + 0.190%, 10/27/22 (a) |
4,000,000 | 4,000,129 | ||||||
3.380%, SOFR + 0.420%, 12/01/22 (a) |
10,000,000 | 10,003,514 | ||||||
3.380%, SOFR + 0.420%, 12/07/22 (a) |
5,000,000 | 5,001,772 | ||||||
3.450%, SOFR + 0.490%, 05/24/23 (a) |
6,000,000 | 6,002,014 | ||||||
3.540%, SOFR + 0.580%, 03/01/23 (a) |
4,000,000 | 4,004,153 | ||||||
3.540%, SOFR + 0.580%, 03/02/23 (a) |
4,500,000 | 4,504,619 | ||||||
Standard Chartered Bank (NY) | ||||||||
3.260%, SOFR + 0.300%, 03/13/23 (a) |
4,500,000 | 4,498,835 | ||||||
Certificate of Deposit(Continued) | ||||||||
Standard Chartered Bank (NY) | ||||||||
3.510%, SOFR + 0.550%, 05/04/23 (a) |
6,000,000 | 6,004,835 | ||||||
3.560%, SOFR + 0.600%, 03/01/23 (a) |
10,000,000 | 10,009,334 | ||||||
3.570%, SOFR + 0.610%, 01/31/23 (a) |
4,000,000 | 4,003,732 | ||||||
Sumitomo Mitsui Banking Corp. (NY) |
||||||||
3.230%, SOFR + 0.270%, 01/19/23 (a) |
5,500,000 | 5,499,435 | ||||||
3.330%, SOFR + 0.370%, 10/19/22 (a) |
7,000,000 | 7,000,727 | ||||||
3.370%, SOFR + 0.410%, 03/14/23 (a) |
12,000,000 | 11,999,435 | ||||||
3.470%, SOFR + 0.510%, 12/23/22 (a) |
4,000,000 | 4,002,447 | ||||||
3.560%, SOFR + 0.600%, 05/03/23 (a) |
6,000,000 | 6,005,416 | ||||||
Sumitomo Mitsui Trust Bank, Ltd. (NY) |
||||||||
3.420%, SOFR + 0.460%, 02/22/23 (a) |
7,000,000 | 7,003,990 | ||||||
3.510%, SOFR + 0.550%, 01/06/23 (a) |
10,000,000 | 10,009,735 | ||||||
Svenska Handelsbanken |
||||||||
3.150%, SOFR + 0.190%, 10/27/22 (a) |
5,000,000 | 5,000,158 | ||||||
3.620%, SOFR + 0.660%, 07/03/23 (a) |
5,000,000 | 5,007,637 | ||||||
Swedbank AB |
8,700,000 | 8,703,915 | ||||||
Toronto-Dominion Bank (NY) |
||||||||
0.300%, 10/25/22 |
4,000,000 | 3,992,123 | ||||||
2.800%, 03/09/23 |
5,600,000 | 5,603,953 | ||||||
2.800%, 05/08/23 |
4,000,000 | 3,957,903 | ||||||
2.840%, 06/02/23 |
5,000,000 | 5,002,961 | ||||||
3.360%, 11/21/22 |
5,000,000 | 5,001,428 | ||||||
4.120%, 05/01/23 |
4,000,000 | 3,981,080 | ||||||
4.120%, 08/28/23 |
4,000,000 | 3,975,511 | ||||||
Wells Fargo Bank N.A. |
6,000,000 | 6,000,107 | ||||||
|
|
|||||||
347,178,006 | ||||||||
|
|
|||||||
Commercial Paper51.3% | ||||||||
Alinghi Funding Co. LLC |
3,000,000 | 2,916,644 | ||||||
Antalis S.A. |
||||||||
2.109%, 10/03/22 (b) |
11,740,000 | 11,736,986 | ||||||
4.474%, 03/16/23 (b) |
5,000,000 | 4,902,815 | ||||||
Atlantic Asset Securitization LLC |
31,000,000 | 30,954,605 | ||||||
Australia & New Zealand Banking Group, Ltd. |
9,000,000 | 9,000,007 | ||||||
Autobahn Funding Co. LLC |
7,000,000 | 6,997,611 | ||||||
Banco Santander S.A. |
10,500,000 | 10,500,267 | ||||||
Bank of Montreal (Chicago) |
||||||||
2.800%, 05/12/23 (b) |
4,000,000 | 3,963,785 | ||||||
3.510%, SOFR + 0.550%, 06/06/23 (a) |
7,000,000 | 7,004,876 | ||||||
Bank of Nova Scotia (The) |
||||||||
3.470%, SOFR + 0.510%, 01/03/23 (a) |
3,000,000 | 3,002,334 | ||||||
3.620%, SOFR + 0.660%, 08/18/23 (a) |
4,000,000 | 4,004,000 | ||||||
Barclays Bank plc |
23,500,000 | 23,491,981 | ||||||
Barton Capital S.A. |
12,000,000 | 11,992,743 | ||||||
Bayerische Landesbank (NY) |
32,000,000 | 31,989,170 |
BHFTII-55
Table of Contents
Brighthouse Funds Trust II
BlackRock Ultra-Short Term Bond Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Short-Term Investments(Continued)
Security Description | Principal Amount* |
Value | ||||||
Commercial Paper(Continued) | ||||||||
Bedford Row Funding Corp. |
32,000,000 | $ | 31,986,382 | |||||
BNP Paribas S.A. |
4,000,000 | 4,000,859 | ||||||
BPCE S.A. |
||||||||
1.418%, 02/22/23 (b) |
7,000,000 | 6,886,546 | ||||||
3.560%, SOFR + 0.600%, 03/03/23 (a) |
5,000,000 | 5,005,433 | ||||||
4.282%, 09/01/23 (b) |
5,000,000 | 4,790,327 | ||||||
Citigroup Global Markets, Inc. |
6,000,000 | 5,935,983 | ||||||
Columbia Funding Co. LLC |
17,000,000 | 16,963,179 | ||||||
Commonwealth Bank of Australia |
5,000,000 | 5,004,019 | ||||||
Crown Point Capital Co. LLC |
||||||||
0.300%, 10/04/22 (b) |
8,000,000 | 7,997,486 | ||||||
0.320%, 10/07/22 (b) |
5,000,000 | 4,997,265 | ||||||
3.500%, SOFR + 0.540%, 12/06/22 (144A) (a) |
7,000,000 | 7,000,769 | ||||||
DNB Bank ASA |
9,000,000 | 9,004,660 | ||||||
DZ Bank AG (NY) |
15,000,000 | 14,996,279 | ||||||
Export Development Canada |
12,000,000 | 11,968,287 | ||||||
Federation des Caisses Desjardins du Quebec |
10,000,000 | 9,990,772 | ||||||
Great Bear Funding LLC |
5,000,000 | 4,998,721 | ||||||
HSBC Bank plc |
6,000,000 | 6,000,948 | ||||||
Hydro-Quebec |
||||||||
3.079%, 11/03/22 (b) |
11,000,000 | 10,967,961 | ||||||
3.082%, 11/04/22 (144A) (b) |
11,000,000 | 10,966,954 | ||||||
Mackinac Funding Co. LLC |
4,000,000 | 3,995,186 | ||||||
Macquarie Bank, Ltd. |
||||||||
3.330%, SOFR + 0.350%, 01/04/23 (a) |
4,000,000 | 4,001,523 | ||||||
3.380%, SOFR + 0.400%, 10/06/22 (144A) (a) |
5,000,000 | 5,000,201 | ||||||
3.480%, SOFR + 0.500%, 01/18/23 (144A) (a) |
14,000,000 | 14,010,238 | ||||||
3.580%, SOFR + 0.600%, 03/03/23 (a) |
4,000,000 | 4,004,596 | ||||||
3.580%, SOFR + 0.600%, 06/22/23 (a) |
9,500,000 | 9,508,171 | ||||||
Matchpoint Finance plc |
6,000,000 | 5,902,824 | ||||||
National Australia Bank, Ltd. |
||||||||
3.310%, SOFR + 0.350%, 10/25/22 (144A) (a) |
5,000,000 | 5,000,736 | ||||||
3.330%, SOFR + 0.370%, 04/13/23 (a) |
5,000,000 | 5,000,000 | ||||||
3.340%, SOFR + 0.380%, 11/04/22 (a) |
4,000,000 | 4,000,784 | ||||||
3.360%, SOFR + 0.400%, 05/12/23 (a) |
6,000,000 | 5,999,969 | ||||||
3.460%, SOFR + 0.500%, 03/14/23 (a) |
10,000,000 | 10,006,698 | ||||||
National Bank of Canada |
6,500,000 | 6,501,400 | ||||||
Nordea Bank Abp |
4,000,000 | 3,992,851 | ||||||
NRW Bank |
22,000,000 | 21,992,615 | ||||||
Commercial Paper(Continued) | ||||||||
Old Line Funding LLC |
||||||||
3.350%, SOFR + 0.370%, 10/24/22 (144A) (a) |
7,000,000 | 7,001,048 | ||||||
3.350%, SOFR + 0.370%, 11/02/22 (a) |
5,000,000 | 5,000,897 | ||||||
Province of British Columbia Canada |
6,300,000 | 6,292,540 | ||||||
PSP Capital, Inc. |
6,000,000 | 5,764,546 | ||||||
Ridgefield Funding Co. LLC |
||||||||
2.096%, 10/03/22 (b) |
12,000,000 | 11,996,911 | ||||||
2.620%, 10/06/22 (b) |
8,000,000 | 7,995,871 | ||||||
Skandinaviska Enskilda Banken AB |
4,250,000 | 4,254,568 | ||||||
Starbird Funding Corp. |
5,000,000 | 4,916,476 | ||||||
Swedbank AB |
||||||||
3.310%, SOFR + 0.350%, 10/13/22 (a) |
5,000,000 | 5,000,312 | ||||||
3.550%, SOFR + 0.590%, 03/02/23 (a) |
4,000,000 | 4,004,483 | ||||||
Toronto-Dominion Bank (The) |
7,000,000 | 6,894,650 | ||||||
UBS AG |
5,000,000 | 5,000,339 | ||||||
Victory Receivables Corp. |
7,000,000 | 6,989,136 | ||||||
Westpac Banking Corp. |
||||||||
0.254%, 10/14/22 (b) |
4,000,000 | 3,995,198 | ||||||
3.440%, SOFR + 0.480%, 03/24/23 (a) |
5,000,000 | 5,002,848 | ||||||
|
|
|||||||
540,948,269 | ||||||||
|
|
|||||||
Repurchase Agreements15.0% | ||||||||
BofA Securities, Inc. |
118,000,000 | 118,000,000 | ||||||
JPMorgan Securities LLC |
40,000,000 | 40,000,000 | ||||||
|
|
|||||||
158,000,000 | ||||||||
|
|
|||||||
Time Deposit0.5% | ||||||||
Royal Bank of Canada (Toronto) |
5,000,000 | 5,000,000 | ||||||
|
|
|||||||
Total Short-Term Investments |
1,051,126,275 | |||||||
|
|
|||||||
Total Investments99.9% |
1,053,054,047 | |||||||
Other assets and liabilities (net)0.1% |
1,077,944 | |||||||
|
|
|||||||
Net Assets100.0% | $ | 1,054,131,991 | ||||||
|
|
BHFTII-56
Table of Contents
Brighthouse Funds Trust II
BlackRock Ultra-Short Term Bond Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
* | Principal amount stated in U.S. dollars unless otherwise noted. | |||
(a) | Variable or floating rate security. The stated rate represents the rate at September 30, 2022. Maturity date shown for callable securities reflects the earliest possible call date. For securities based on a published reference index and spread, the index and spread are indicated in the description above. For certain variable rate securities, the coupon rate is determined by the issuer/agent based on current market conditions. For certain asset- and mortgage-backed securities, the coupon rate may fluctuate based on changes of the underlying collateral or prepayments of principal. These securities do not indicate a reference index and spread in their description above. | |||
(b) | The rate shown represents current yield to maturity. | |||
(144A) | Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of September 30, 2022, the market value of 144A securities was $55,481,346, which is 5.3% of net assets. |
Glossary of Abbreviations
Index Abbreviations
(SOFR) | Secured Overnight Financing Rate |
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Total Corporate Bonds & Notes* |
$ | | $ | 1,927,772 | $ | | $ | 1,927,772 | ||||||||
Total Short-Term Investments* |
| 1,051,126,275 | | 1,051,126,275 | ||||||||||||
Total Investments |
$ | | $ | 1,053,054,047 | $ | | $ | 1,053,054,047 | ||||||||
* | See Schedule of Investments for additional detailed categorizations. |
BHFTII-57
Table of Contents
Brighthouse Funds Trust II
Brighthouse Asset Allocation 20 Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Mutual Funds100.1% of Net Assets
Security Description | Shares | Value | ||||||
Affiliated Investment Companies100.1% | ||||||||
AB International Bond Portfolio (Class A) (a) |
1,112,013 | $ | 8,251,140 | |||||
Baillie Gifford International Stock Portfolio (Class A) (b) |
600,052 | 4,638,405 | ||||||
BlackRock Bond Income Portfolio (Class A) (b) |
576,354 | 50,857,517 | ||||||
BlackRock Capital Appreciation Portfolio (Class A) (b) |
113,429 | 2,768,803 | ||||||
BlackRock High Yield Portfolio (Class A) (a) |
312,953 | 2,068,620 | ||||||
Brighthouse Small Cap Value Portfolio (Class A) (a) |
312,299 | 3,794,433 | ||||||
Brighthouse/abrdn Emerging Markets Equity Portfolio (Class A) (a) |
129,263 | 979,816 | ||||||
Brighthouse/Artisan International Portfolio (Class A) (a) |
374,896 | 2,924,189 | ||||||
Brighthouse/Artisan Mid Cap Value Portfolio (Class A) (b) |
4,982 | 966,845 | ||||||
Brighthouse/Eaton Vance Floating Rate Portfolio (Class A) (a) |
900,478 | 8,320,415 | ||||||
Brighthouse/Franklin Low Duration Total Return Portfolio (Class A) (a) |
2,459,919 | 20,884,716 | ||||||
Brighthouse/Templeton International Bond Portfolio (Class A) (a) (c) |
881,439 | 6,196,515 | ||||||
Brighthouse/Wellington Core Equity Opportunities Portfolio (Class A) (b) |
259,317 | 6,895,227 | ||||||
Brighthouse/Wellington Large Cap Research Portfolio (Class A) (a) |
353,099 | 3,845,249 | ||||||
CBRE Global Real Estate Portfolio (Class A) (a) |
208,163 | 1,852,655 | ||||||
Harris Oakmark International Portfolio (Class A) (a) |
400,741 | 3,670,786 | ||||||
Invesco Comstock Portfolio (Class A) (a) |
633,217 | 7,756,908 | ||||||
Invesco Global Equity Portfolio (Class A) (a) |
53,779 | 920,156 | ||||||
Jennison Growth Portfolio (Class A) (b) |
296,235 | 2,829,048 | ||||||
JPMorgan Core Bond Portfolio (Class A) (a) |
3,698,924 | 32,254,613 | ||||||
JPMorgan Small Cap Value Portfolio (Class A) (a) |
188,685 | 1,928,357 | ||||||
Loomis Sayles Small Cap Growth Portfolio (Class A) (b) |
112,225 | 986,456 | ||||||
MFS Research International Portfolio (Class A) (a) |
303,436 | 2,906,915 | ||||||
MFS Value Portfolio (Class A) (b) |
669,400 | 8,789,216 | ||||||
Neuberger Berman Genesis Portfolio (Class A) (b) |
118,622 | 1,950,150 | ||||||
PIMCO Inflation Protected Bond Portfolio (Class A) (a) |
4,036,221 | 36,850,694 | ||||||
PIMCO Total Return Portfolio (Class A) (a) |
5,256,507 | 49,779,126 | ||||||
T. Rowe Price Large Cap Growth Portfolio (Class A) (b) |
195,607 | 2,806,963 | ||||||
T. Rowe Price Large Cap Value Portfolio (Class A) (a) |
226,186 | 5,799,413 | ||||||
T. Rowe Price Mid Cap Growth Portfolio (Class A) (a) |
125,761 | 965,843 | ||||||
T. Rowe Price Small Cap Growth Portfolio (Class A) (b) |
250,203 | 3,903,169 | ||||||
TCW Core Fixed Income Portfolio (Class A) (a) |
4,624,826 | 39,449,764 | ||||||
VanEck Global Natural Resources Portfolio (Class A) (b) |
411,695 | 4,796,246 | ||||||
Western Asset Management Strategic Bond Opportunities Portfolio (Class A) (b) |
1,964,156 | 20,564,712 | ||||||
Western Asset Management U.S. Government Portfolio (Class A) (b) |
5,338,759 | 54,241,790 | ||||||
|
|
|||||||
Total Mutual Funds |
408,394,870 | |||||||
|
|
|||||||
Total Investments100.1% |
408,394,870 | |||||||
Other assets and liabilities (net)(0.1)% |
(329,070 | ) | ||||||
|
|
|||||||
Net Assets100.0% | $ | 408,065,800 | ||||||
|
|
(a) | A Portfolio of Brighthouse Funds Trust I. | |||
(b) | A Portfolio of Brighthouse Funds Trust II. | |||
(c) | Non-income producing security. |
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Mutual Funds |
| |||||||||||||||
Affiliated Investment Companies |
$ | 408,394,870 | $ | | $ | | $ | 408,394,870 | ||||||||
Total Investments |
$ | 408,394,870 | $ | | $ | | $ | 408,394,870 | ||||||||
BHFTII-58
Table of Contents
Brighthouse Funds Trust II
Brighthouse Asset Allocation 40 Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Mutual Funds100.0% of Net Assets
Security Description | Shares | Value | ||||||
Affiliated Investment Companies100.0% | ||||||||
AB International Bond Portfolio (Class A) (a) |
17,938,708 | $ | 133,105,213 | |||||
Allspring Mid Cap Value Portfolio (Class A) (a) |
858,019 | 9,043,523 | ||||||
Baillie Gifford International Stock Portfolio (Class A) (b) |
11,779,279 | 91,053,823 | ||||||
BlackRock Bond Income Portfolio (Class A) (b) |
4,124,690 | 363,962,639 | ||||||
BlackRock Capital Appreciation Portfolio (Class A) (b) |
2,439,224 | 59,541,460 | ||||||
BlackRock High Yield Portfolio (Class A) (a) |
2,886,680 | 19,080,952 | ||||||
Brighthouse Small Cap Value Portfolio (Class A) (a) |
3,623,030 | 44,019,816 | ||||||
Brighthouse/abrdn Emerging Markets Equity Portfolio (Class A) (a) |
3,494,305 | 26,486,835 | ||||||
Brighthouse/Artisan International Portfolio (Class A) (a) |
7,968,347 | 62,153,110 | ||||||
Brighthouse/Artisan Mid Cap Value Portfolio (Class A) (b) |
46,193 | 8,964,739 | ||||||
Brighthouse/Eaton Vance Floating Rate Portfolio (Class A) (a) |
8,387,428 | 77,499,837 | ||||||
Brighthouse/Franklin Low Duration Total Return Portfolio (Class A) (a) |
13,779,906 | 116,991,399 | ||||||
Brighthouse/Templeton International Bond Portfolio (Class A) (a) (c) |
13,582,154 | 95,482,545 | ||||||
Brighthouse/Wellington Core Equity Opportunities Portfolio (Class A) (b) |
4,465,609 | 118,740,537 | ||||||
Brighthouse/Wellington Large Cap Research Portfolio (Class A) (a) |
7,383,289 | 80,404,021 | ||||||
CBRE Global Real Estate Portfolio (Class A) (a) |
2,856,646 | 25,424,146 | ||||||
Harris Oakmark International Portfolio (Class A) (a) |
9,862,175 | 90,337,524 | ||||||
Invesco Comstock Portfolio (Class A) (a) |
9,583,069 | 117,392,593 | ||||||
Invesco Global Equity Portfolio (Class A) (a) |
1,986,116 | 33,982,445 | ||||||
Invesco Small Cap Growth Portfolio (Class A) (a) |
2,591,059 | 18,033,774 | ||||||
Jennison Growth Portfolio (Class A) (b) |
4,567,191 | 43,616,671 | ||||||
JPMorgan Core Bond Portfolio (Class A) (a) |
16,568,322 | 144,475,765 | ||||||
JPMorgan Small Cap Value Portfolio (Class A) (a) |
2,627,723 | 26,855,328 | ||||||
Loomis Sayles Growth Portfolio (Class A) (a) |
3,449,639 | 35,082,832 | ||||||
Loomis Sayles Small Cap Growth Portfolio (Class A) (b) |
1,039,308 | 9,135,517 | ||||||
MFS Research International Portfolio (Class A) (a) |
5,592,427 | 53,575,452 | ||||||
MFS Value Portfolio (Class A) (b) |
10,376,224 | 136,239,825 | ||||||
Neuberger Berman Genesis Portfolio (Class A) (b) |
1,100,045 | 18,084,743 | ||||||
PIMCO Inflation Protected Bond Portfolio (Class A) (a) |
24,755,013 | 226,013,270 | ||||||
PIMCO Total Return Portfolio (Class A) (a) |
36,432,794 | 345,018,564 | ||||||
SSGA Emerging Markets Enhanced Index Portfolio (Class A) (a) |
3,183,722 | 25,947,338 | ||||||
T. Rowe Price Large Cap Growth Portfolio (Class A) (b) |
3,618,366 | 51,923,556 | ||||||
T. Rowe Price Large Cap Value Portfolio (Class A) (a) |
4,912,922 | 125,967,310 | ||||||
T. Rowe Price Mid Cap Growth Portfolio (Class A) (a) |
2,332,826 | 17,916,103 | ||||||
T. Rowe Price Small Cap Growth Portfolio (Class A) (b) |
2,895,581 | 45,171,057 | ||||||
TCW Core Fixed Income Portfolio (Class A) (a) |
32,549,128 | 277,644,064 | ||||||
VanEck Global Natural Resources Portfolio (Class A) (b) |
6,170,167 | 71,882,445 | ||||||
Western Asset Management Strategic Bond Opportunities Portfolio (Class A) (b) |
14,454,921 | 151,343,018 | ||||||
Western Asset Management U.S. Government Portfolio (Class A) (b) |
30,477,281 | 309,649,173 | ||||||
|
|
|||||||
Total Mutual Funds |
3,707,242,962 | |||||||
|
|
|||||||
Total Investments100.0% |
3,707,242,962 | |||||||
Other assets and liabilities (net)0.0% |
(1,281,011 | ) | ||||||
|
|
|||||||
Net Assets100.0% | $ | 3,705,961,951 | ||||||
|
|
(a) | A Portfolio of Brighthouse Funds Trust I. | |||
(b) | A Portfolio of Brighthouse Funds Trust II. | |||
(c) | Non-income producing security. |
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Mutual Funds |
| |||||||||||||||
Affiliated Investment Companies |
$ | 3,707,242,962 | $ | | $ | | $ | 3,707,242,962 | ||||||||
Total Investments |
$ | 3,707,242,962 | $ | | $ | | $ | 3,707,242,962 | ||||||||
BHFTII-59
Table of Contents
Brighthouse Funds Trust II
Brighthouse Asset Allocation 60 Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Mutual Funds100.0% of Net Assets
Security Description | Shares | Value | ||||||
Affiliated Investment Companies100.0% | ||||||||
AB International Bond Portfolio (Class A) (a) |
31,602,001 | $ | 234,486,846 | |||||
Allspring Mid Cap Value Portfolio (Class A) (a) |
2,136,058 | 22,514,056 | ||||||
Baillie Gifford International Stock Portfolio (Class A) (b) |
39,412,993 | 304,662,436 | ||||||
BlackRock Bond Income Portfolio (Class A) (b) |
7,469,680 | 659,124,593 | ||||||
BlackRock Capital Appreciation Portfolio (Class A) (b) |
8,585,360 | 209,568,648 | ||||||
BlackRock High Yield Portfolio (Class A) (a) |
8,562,033 | 56,595,035 | ||||||
Brighthouse Small Cap Value Portfolio (Class A) (a) |
12,692,505 | 154,213,940 | ||||||
Brighthouse/abrdn Emerging Markets Equity Portfolio (Class A) (a) |
17,171,231 | 130,157,932 | ||||||
Brighthouse/Artisan International Portfolio (Class A) (a) |
33,405,086 | 260,559,671 | ||||||
Brighthouse/Artisan Mid Cap Value Portfolio (Class A) (b) |
115,075 | 22,332,511 | ||||||
Brighthouse/Dimensional International Small Company Portfolio (Class A) (b) |
10,778,463 | 86,227,701 | ||||||
Brighthouse/Eaton Vance Floating Rate Portfolio (Class A) (a) |
20,827,266 | 192,443,933 | ||||||
Brighthouse/Franklin Low Duration Total Return Portfolio (Class A) (a) |
22,750,872 | 193,154,901 | ||||||
Brighthouse/Templeton International Bond Portfolio (Class A) (a) (c) |
30,040,997 | 211,188,209 | ||||||
Brighthouse/Wellington Core Equity Opportunities Portfolio (Class A) (b) |
14,513,346 | 385,909,860 | ||||||
Brighthouse/Wellington Large Cap Research Portfolio (Class A) (a) |
24,602,731 | 267,923,745 | ||||||
CBRE Global Real Estate Portfolio (Class A) (a) |
14,321,567 | 127,461,949 | ||||||
Harris Oakmark International Portfolio (Class A) (a) |
35,236,652 | 322,767,728 | ||||||
Invesco Comstock Portfolio (Class A) (a) |
29,374,480 | 359,837,380 | ||||||
Invesco Global Equity Portfolio (Class A) (a) |
4,913,832 | 84,075,668 | ||||||
Invesco Small Cap Growth Portfolio (Class A) (a) |
15,949,496 | 111,008,489 | ||||||
Jennison Growth Portfolio (Class A) (b) |
24,801,240 | 236,851,843 | ||||||
JPMorgan Core Bond Portfolio (Class A) (a) |
27,015,392 | 235,574,219 | ||||||
JPMorgan Small Cap Value Portfolio (Class A) (a) |
6,581,971 | 67,267,742 | ||||||
Loomis Sayles Growth Portfolio (Class A) (a) |
23,470,047 | 238,690,376 | ||||||
Loomis Sayles Small Cap Growth Portfolio (Class A) (b) |
7,789,138 | 68,466,520 | ||||||
MFS Research International Portfolio (Class A) (a) |
20,771,253 | 198,988,602 | ||||||
MFS Value Portfolio (Class A) (b) |
34,437,122 | 452,159,418 | ||||||
Neuberger Berman Genesis Portfolio (Class A) (b) |
4,130,444 | 67,904,503 | ||||||
PIMCO Inflation Protected Bond Portfolio (Class A) (a) |
30,461,210 | 278,110,847 | ||||||
PIMCO Total Return Portfolio (Class A) (a) |
59,758,020 | 565,908,449 | ||||||
SSGA Emerging Markets Enhanced Index Portfolio (Class A) (a) |
10,428,792 | 84,994,651 | ||||||
T. Rowe Price Large Cap Growth Portfolio (Class A) (b) |
13,430,852 | 192,732,726 | ||||||
T. Rowe Price Large Cap Value Portfolio (Class A) (a) |
15,719,320 | 403,043,353 | ||||||
T. Rowe Price Mid Cap Growth Portfolio (Class A) (a) |
5,825,781 | 44,742,000 | ||||||
T. Rowe Price Small Cap Growth Portfolio (Class A) (b) |
10,134,737 | 158,101,890 | ||||||
TCW Core Fixed Income Portfolio (Class A) (a) |
56,830,378 | 484,763,129 | ||||||
VanEck Global Natural Resources Portfolio (Class A) (b) |
23,310,986 | 271,572,992 | ||||||
Western Asset Management Strategic Bond Opportunities Portfolio (Class A) (b) |
17,825,928 | 186,637,469 | ||||||
Western Asset Management U.S. Government Portfolio (Class A) (b) |
37,543,699 | 381,443,977 | ||||||
|
|
|||||||
Total Mutual Funds |
9,014,169,937 | |||||||
|
|
|||||||
Total Investments100.0% |
9,014,169,937 | |||||||
Other assets and liabilities (net)0.0% |
(2,595,346 | ) | ||||||
|
|
|||||||
Net Assets100.0% | $ | 9,011,574,591 | ||||||
|
|
(a) | A Portfolio of Brighthouse Funds Trust I. | |||
(b) | A Portfolio of Brighthouse Funds Trust II. | |||
(c) | Non-income producing security. |
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Mutual Funds |
| |||||||||||||||
Affiliated Investment Companies |
$ | 9,014,169,937 | $ | | $ | | $ | 9,014,169,937 | ||||||||
Total Investments |
$ | 9,014,169,937 | $ | | $ | | $ | 9,014,169,937 | ||||||||
BHFTII-60
Table of Contents
Brighthouse Funds Trust II
Brighthouse Asset Allocation 80 Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Mutual Funds100.0% of Net Assets
Security Description | Shares | Value | ||||||
Affiliated Investment Companies100.0% | ||||||||
AB International Bond Portfolio (Class A) (a) |
8,030,498 | $ | 59,586,292 | |||||
Allspring Mid Cap Value Portfolio (Class A) (a) |
7,294,997 | 76,889,266 | ||||||
Baillie Gifford International Stock Portfolio (Class A) (b) |
40,284,251 | 311,397,258 | ||||||
BlackRock Bond Income Portfolio (Class A) (b) |
3,583,895 | 316,242,891 | ||||||
BlackRock Capital Appreciation Portfolio (Class A) (b) |
8,776,457 | 214,233,306 | ||||||
BlackRock High Yield Portfolio (Class A) (a) |
6,061,419 | 40,065,981 | ||||||
Brighthouse Small Cap Value Portfolio (Class A) (a) |
15,549,352 | 188,924,628 | ||||||
Brighthouse/abrdn Emerging Markets Equity Portfolio (Class A) (a) |
19,472,808 | 147,603,888 | ||||||
Brighthouse/Artisan International Portfolio (Class A) (a) |
38,360,980 | 299,215,641 | ||||||
Brighthouse/Artisan Mid Cap Value Portfolio (Class A) (b) |
98,365 | 19,089,729 | ||||||
Brighthouse/Dimensional International Small Company Portfolio (Class A) (b) |
18,522,610 | 148,180,876 | ||||||
Brighthouse/Eaton Vance Floating Rate Portfolio (Class A) (a) |
8,852,957 | 81,801,322 | ||||||
Brighthouse/Templeton International Bond Portfolio (Class A) (a) (c) |
19,713,462 | 138,585,636 | ||||||
Brighthouse/Wellington Core Equity Opportunities Portfolio (Class A) (b) |
13,072,008 | 347,584,699 | ||||||
Brighthouse/Wellington Large Cap Research Portfolio (Class A) (a) |
24,534,095 | 267,176,290 | ||||||
CBRE Global Real Estate Portfolio (Class A) (a) |
20,556,114 | 182,949,417 | ||||||
Frontier Mid Cap Growth Portfolio (Class A) (b) |
1,870,550 | 37,523,239 | ||||||
Harris Oakmark International Portfolio (Class A) (a) |
37,852,668 | 346,730,442 | ||||||
Invesco Comstock Portfolio (Class A) (a) |
31,382,625 | 384,437,161 | ||||||
Invesco Global Equity Portfolio (Class A) (a) |
6,286,379 | 107,559,948 | ||||||
Invesco Small Cap Growth Portfolio (Class A) (a) |
24,454,447 | 170,202,949 | ||||||
Jennison Growth Portfolio (Class A) (b) |
34,603,928 | 330,467,509 | ||||||
JPMorgan Core Bond Portfolio (Class A) (a) |
15,973,084 | 139,285,289 | ||||||
JPMorgan Small Cap Value Portfolio (Class A) (a) |
11,278,438 | 115,265,641 | ||||||
Loomis Sayles Growth Portfolio (Class A) (a) |
32,797,574 | 333,551,326 | ||||||
Loomis Sayles Small Cap Growth Portfolio (Class A) (b) |
15,532,201 | 136,528,048 | ||||||
MFS Research International Portfolio (Class A) (a) |
25,625,150 | 245,488,933 | ||||||
MFS Value Portfolio (Class A) (b) |
33,768,858 | 443,385,109 | ||||||
Morgan Stanley Discovery Portfolio (Class A) (a) |
3,732,420 | 17,617,022 | ||||||
Neuberger Berman Genesis Portfolio (Class A) (b) |
1,178,807 | 19,379,585 | ||||||
PIMCO Inflation Protected Bond Portfolio (Class A) (a) |
12,911,344 | 117,880,575 | ||||||
PIMCO Total Return Portfolio (Class A) (a) |
25,313,115 | 239,715,199 | ||||||
SSGA Emerging Markets Enhanced Index Portfolio (Class A) (a) |
13,473,157 | 109,806,227 | ||||||
T. Rowe Price Large Cap Growth Portfolio (Class A) (b) |
20,375,130 | 292,383,111 | ||||||
T. Rowe Price Large Cap Value Portfolio (Class A) (a) |
14,912,541 | 382,357,546 | ||||||
T. Rowe Price Mid Cap Growth Portfolio (Class A) (a) |
4,988,431 | 38,311,151 | ||||||
T. Rowe Price Small Cap Growth Portfolio (Class A) (b) |
8,672,919 | 135,297,536 | ||||||
TCW Core Fixed Income Portfolio (Class A) (a) |
25,716,865 | 219,364,856 | ||||||
VanEck Global Natural Resources Portfolio (Class A) (b) |
20,057,502 | 233,669,897 | ||||||
Western Asset Management Strategic Bond Opportunities Portfolio (Class A) (b) |
11,327,603 | 118,600,001 | ||||||
|
|
|||||||
Total Mutual Funds |
7,554,335,420 | |||||||
|
|
|||||||
Total Investments 100.0% |
7,554,335,420 | |||||||
Other assets and liabilities (net)0.0% |
(2,235,328 | ) | ||||||
|
|
|||||||
Net Assets100.0% | $ | 7,552,100,092 | ||||||
|
|
(a) | A Portfolio of Brighthouse Funds Trust I. | |||
(b) | A Portfolio of Brighthouse Funds Trust II. | |||
(c) | Non-income producing security. |
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Mutual Funds |
| |||||||||||||||
Affiliated Investment Companies |
$ | 7,554,335,420 | $ | | $ | | $ | 7,554,335,420 | ||||||||
Total Investments |
$ | 7,554,335,420 | $ | | $ | | $ | 7,554,335,420 | ||||||||
BHFTII-61
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Artisan Mid Cap Value Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks95.6% of Net Assets
Security Description | Shares | Value | ||||||
Aerospace & Defense1.2% | ||||||||
CAE, Inc. (a) (b) |
535,635 | $ | 8,211,285 | |||||
|
|
|||||||
Air Freight & Logistics0.8% | ||||||||
Expeditors International of Washington, Inc. (b) |
66,218 | 5,847,712 | ||||||
|
|
|||||||
Auto Components3.8% | ||||||||
BorgWarner, Inc. (b) |
435,529 | 13,675,611 | ||||||
Gentex Corp. |
573,460 | 13,671,286 | ||||||
|
|
|||||||
27,346,897 | ||||||||
|
|
|||||||
Banks4.9% | ||||||||
First Citizens BancShares, Inc. - Class A |
24,261 | 19,346,449 | ||||||
M&T Bank Corp. (b) |
88,630 | 15,627,242 | ||||||
|
|
|||||||
34,973,691 | ||||||||
|
|
|||||||
Capital Markets5.1% | ||||||||
Carlyle Group, Inc. (The) |
404,246 | 10,445,717 | ||||||
Moelis & Co. - Class A (b) |
350,498 | 11,850,337 | ||||||
Northern Trust Corp. (b) |
160,582 | 13,739,396 | ||||||
|
|
|||||||
36,035,450 | ||||||||
|
|
|||||||
Chemicals3.4% | ||||||||
Celanese Corp. |
97,892 | 8,843,563 | ||||||
Corteva, Inc. |
269,006 | 15,373,693 | ||||||
|
|
|||||||
24,217,256 | ||||||||
|
|
|||||||
Consumer Finance2.1% | ||||||||
Synchrony Financial |
532,425 | 15,009,061 | ||||||
|
|
|||||||
Diversified Consumer Services1.9% | ||||||||
H&R Block, Inc. (b) |
312,902 | 13,310,851 | ||||||
|
|
|||||||
Electric Utilities2.8% | ||||||||
OGE Energy Corp. |
554,730 | 20,225,456 | ||||||
|
|
|||||||
Electrical Equipment2.9% | ||||||||
nVent Electric plc |
660,109 | 20,866,045 | ||||||
|
|
|||||||
Electronic Equipment, Instruments & Components1.3% | ||||||||
Vontier Corp. |
561,106 | 9,376,081 | ||||||
|
|
|||||||
Energy Equipment & Services2.7% | ||||||||
NOV, Inc. (b) |
1,193,626 | 19,312,869 | ||||||
|
|
|||||||
Entertainment3.9% | ||||||||
Electronic Arts, Inc. (b) |
118,145 | 13,670,558 | ||||||
Warner Bros Discovery, Inc. (a) (b) |
1,225,884 | 14,097,666 | ||||||
|
|
|||||||
27,768,224 | ||||||||
|
|
|||||||
Equity Real Estate Investment Trusts5.7% | ||||||||
Lamar Advertising Co. - Class A |
223,645 | 18,448,476 | ||||||
Public Storage |
31,929 | 9,349,130 | ||||||
STORE Capital Corp. |
412,803 | 12,933,118 | ||||||
|
|
|||||||
40,730,724 | ||||||||
|
|
|||||||
Food & Staples Retailing3.9% | ||||||||
Kroger Co. (The) |
359,439 | 15,725,456 | ||||||
Sysco Corp. |
167,351 | 11,833,389 | ||||||
|
|
|||||||
27,558,845 | ||||||||
|
|
|||||||
Food Products2.3% | ||||||||
Tyson Foods, Inc. - Class A |
247,941 | 16,346,750 | ||||||
|
|
|||||||
Health Care Equipment & Supplies1.4% | ||||||||
Dentsply Sirona, Inc. (b) |
347,573 | 9,853,695 | ||||||
|
|
|||||||
Health Care Providers & Services4.0% | ||||||||
AmerisourceBergen Corp. |
83,812 | 11,342,278 | ||||||
Centene Corp. (a) |
221,042 | 17,199,278 | ||||||
|
|
|||||||
28,541,556 | ||||||||
|
|
|||||||
Hotels, Restaurants & Leisure6.9% | ||||||||
Expedia Group, Inc. (a) |
179,624 | 16,828,973 | ||||||
Marriott International, Inc. - Class A |
125,778 | 17,626,529 | ||||||
Vail Resorts, Inc. |
68,593 | 14,791,394 | ||||||
|
|
|||||||
49,246,896 | ||||||||
|
|
|||||||
Insurance7.6% | ||||||||
Arch Capital Group, Ltd. (a) |
504,590 | 22,979,028 | ||||||
Globe Life, Inc. |
226,104 | 22,542,569 | ||||||
Progressive Corp. (The) |
75,994 | 8,831,263 | ||||||
|
|
|||||||
54,352,860 | ||||||||
|
|
|||||||
Interactive Media & Services1.4% | ||||||||
IAC, Inc. (a) (b) |
186,819 | 10,346,036 | ||||||
|
|
|||||||
Machinery1.6% | ||||||||
Otis Worldwide Corp. |
179,582 | 11,457,332 | ||||||
|
|
|||||||
Media7.9% | ||||||||
Cable One, Inc. (b) |
12,770 | 10,893,448 | ||||||
Liberty Broadband Corp. - Class C (a) |
51,101 | 3,771,254 | ||||||
Liberty Media Corp. - Class A (a) (b) |
186,523 | 7,100,931 | ||||||
Liberty Media Corp. - Class C (a) |
185,406 | 6,991,660 | ||||||
News Corp. - Class A |
927,378 | 14,012,681 | ||||||
Omnicom Group, Inc. (b) |
214,107 | 13,508,011 | ||||||
|
|
|||||||
56,277,985 | ||||||||
|
|
|||||||
Real Estate Management & Development1.4% | ||||||||
Jones Lang LaSalle, Inc. (a) (b) |
65,053 | 9,827,557 | ||||||
|
|
|||||||
Road & Rail3.5% | ||||||||
AMERCO (b) |
48,928 | 24,915,116 | ||||||
|
|
|||||||
Semiconductors & Semiconductor Equipment3.8% | ||||||||
Analog Devices, Inc. |
195,654 | 27,262,428 | ||||||
|
|
|||||||
Software2.0% | ||||||||
Check Point Software Technologies, Ltd. (a) |
129,891 | 14,550,390 | ||||||
|
|
BHFTII-62
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Artisan Mid Cap Value Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares/ Principal Amount* |
Value | ||||||
Specialty Retail2.3% | ||||||||
AutoNation, Inc. (a) (b) |
163,224 | $ | 16,627,629 | |||||
|
|
|||||||
Technology Hardware, Storage & Peripherals1.6% | ||||||||
NetApp, Inc. |
179,252 | 11,086,736 | ||||||
|
|
|||||||
Trading Companies & Distributors1.5% | ||||||||
Air Lease Corp. (b) |
343,294 | 10,645,547 | ||||||
|
|
|||||||
Total Common Stocks |
682,128,960 | |||||||
|
|
|||||||
Short-Term Investment4.4% |
| |||||||
Repurchase Agreement4.4% | ||||||||
Fixed Income Clearing Corp. |
31,359,120 | 31,359,120 | ||||||
|
|
|||||||
Total Short-Term Investments |
31,359,120 | |||||||
|
|
|||||||
Securities Lending Reinvestments (c)13.7% |
| |||||||
Certificates of Deposit5.0% | ||||||||
Bank of Montreal (Chicago) |
3,000,000 | 3,000,000 | ||||||
Bank of Nova Scotia |
1,000,000 | 1,000,286 | ||||||
3.470%, SOFR + 0.510%, 03/15/23 (d) |
2,000,000 | 2,000,000 | ||||||
BNP Paribas S.A. |
1,000,000 | 999,880 | ||||||
Canadian Imperial Bank of Commerce (NY) |
1,000,000 | 999,908 | ||||||
3.460%, SOFR + 0.500%, 03/03/23 (d) |
3,000,000 | 3,002,150 | ||||||
Citibank N.A. |
2,000,000 | 1,999,704 | ||||||
Commonwealth Bank of Australia |
1,000,000 | 1,000,263 | ||||||
Cooperatieve Rabobank UA |
2,000,000 | 2,000,000 | ||||||
Credit Agricole Corp. & Investment Bank (NY) |
2,000,000 | 2,000,316 | ||||||
Credit Suisse (NY) |
1,000,000 | 1,000,026 | ||||||
3.370%, FEDEFF PRV + 0.290%, 10/17/22 (d) |
2,000,000 | 2,000,064 | ||||||
Mitsubishi UFJ Trust and Banking Corp. |
2,000,000 | 2,001,790 | ||||||
Natixis S.A. (New York) |
2,000,000 | 2,001,586 | ||||||
Norinchukin Bank |
2,000,000 | 2,000,114 | ||||||
Royal Bank of Canada |
1,000,000 | 1,000,119 | ||||||
Certificates of Deposit(Continued) | ||||||||
Sumitomo Mitsui Banking Corp. |
2,000,000 | $ | 2,000,444 | |||||
Sumitomo Mitsui Trust Bank, Ltd. |
2,000,000 | 2,000,084 | ||||||
3.410%, SOFR + 0.450%, 02/24/23 (d) |
2,000,000 | 2,001,678 | ||||||
Westpac Banking Corp. |
2,000,000 | 1,999,380 | ||||||
|
|
|||||||
36,007,792 | ||||||||
|
|
|||||||
Repurchase Agreements4.6% | ||||||||
Cantor Fitzgerald & Co. |
5,000,000 | 5,000,000 | ||||||
Citigroup Global Markets, Inc. |
4,000,000 | 4,000,000 | ||||||
National Bank of Canada |
2,600,000 | 2,600,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.200%, due on 10/07/22 with a maturity value of $2,001,244; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 5.500%, maturity dates ranging from 11/03/22 - 02/15/52, and various Common Stock with an aggregate market value of $2,192,100. |
2,000,000 | 2,000,000 | ||||||
Natixis S.A. (New York) |
11,293,515 | 11,293,515 | ||||||
NBC Global Finance, Ltd. |
1,300,000 | 1,300,000 | ||||||
Societe Generale |
600,000 | 600,000 |
BHFTII-63
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Artisan Mid Cap Value Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Securities Lending Reinvestments (c)(Continued)
Security Description | Shares/ Principal Amount* |
Value | ||||||
Repurchase Agreements(Continued) | ||||||||
Societe Generale |
||||||||
Repurchase Agreement dated 09/30/22 at 3.070%, due on 10/03/22 with a maturity value of $900,230; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 1.125%, maturity dates ranging from 03/09/23 - 05/15/40, and various Common Stock with an aggregate market value of $999,958. |
900,000 | $ | 900,000 | |||||
Repurchase Agreement dated 09/30/22 at 3.170%, due on 10/07/22 with a maturity value of $2,301,418; collateralized by various Common Stock with an aggregate market value of $2,558,638. |
2,300,000 | 2,300,000 | ||||||
TD Prime Services LLC |
3,000,000 | 3,000,000 | ||||||
|
|
|||||||
32,993,515 | ||||||||
|
|
|||||||
Mutual Funds4.1% | ||||||||
AB Government Money Market Portfolio, Institutional Class |
2,000,000 | 2,000,000 | ||||||
Allspring Government Money Market Fund, Select Class |
2,000,000 | 2,000,000 | ||||||
BlackRock Liquidity Funds FedFund, Institutional Shares |
1,000,000 | 1,000,000 | ||||||
Dreyfus Treasury Obligations Cash Management Fund, Institutional Class |
5,000,000 | 5,000,000 | ||||||
Goldman Sachs Financial Square Government Fund, Institutional Shares |
5,000,000 | 5,000,000 | ||||||
HSBC U.S. Government Money Market Fund, Class I |
5,000,000 | 5,000,000 | ||||||
Morgan Stanley Liquidity Funds Government Portfolio, Institutional Shares |
2,000,000 | 2,000,000 | ||||||
Mutual Funds(Continued) | ||||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class |
2,000,000 | 2,000,000 | ||||||
STIT-Government & Agency Portfolio, Institutional Class |
5,000,000 | 5,000,000 | ||||||
|
|
|||||||
29,000,000 | ||||||||
|
|
|||||||
Total Securities Lending Reinvestments |
98,001,307 | |||||||
|
|
|||||||
Total Investments113.7% |
811,489,387 | |||||||
Other assets and liabilities (net)(13.7)% |
(97,918,598 | ) | ||||||
|
|
|||||||
Net Assets100.0% | $ | 713,570,789 | ||||||
|
|
* | Principal amount stated in U.S. dollars unless otherwise noted. | |||
(a) | Non-income producing security. | |||
(b) | All or a portion of the security was held on loan. As of September 30, 2022, the market value of securities loaned was $100,178,140 and the collateral received consisted of cash in the amount of $97,993,515 and non-cash collateral with a value of $4,871,586. The cash collateral investments are disclosed in the Schedule of Investments and categorized as Securities Lending Reinvestments. The non-cash collateral received consists of U.S. government securities that are held in safe-keeping by the lending agent, or a third-party custodian, and cannot be sold or repledged by the Portfolio. | |||
(c) | Represents investment of cash collateral received from securities on loan as of September 30, 2022. | |||
(d) | Variable or floating rate security. The stated rate represents the rate at September 30, 2022. Maturity date shown for callable securities reflects the earliest possible call date. For securities based on a published reference index and spread, the index and spread are indicated in the description above. For certain variable rate securities, the coupon rate is determined by the issuer/agent based on current market conditions. For certain asset- and mortgage-backed securities, the coupon rate may fluctuate based on changes of the underlying collateral or prepayments of principal. These securities do not indicate a reference index and spread in their description above. | |||
(e) | The rate shown represents the annualized seven-day yield as of September 30, 2022. |
Glossary of Abbreviations
Index Abbreviations
(FEDEFF PRV) | Effective Federal Funds Rate | |||
(SOFR) | Secured Overnight Financing Rate |
BHFTII-64
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Artisan Mid Cap Value Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Total Common Stocks* |
$ | 682,128,960 | $ | | $ | | $ | 682,128,960 | ||||||||
Total Short-Term Investment* |
| 31,359,120 | | 31,359,120 | ||||||||||||
Securities Lending Reinvestments |
| |||||||||||||||
Certificates of Deposit |
| 36,007,792 | | 36,007,792 | ||||||||||||
Repurchase Agreements |
| 32,993,515 | | 32,993,515 | ||||||||||||
Mutual Funds |
29,000,000 | | | 29,000,000 | ||||||||||||
Total Securities Lending Reinvestments |
29,000,000 | 69,001,307 | | 98,001,307 | ||||||||||||
Total Investments |
$ | 711,128,960 | $ | 100,360,427 | $ | | $ | 811,489,387 | ||||||||
Collateral for Securities Loaned (Liability) |
$ | | $ | (97,993,515 | ) | $ | | $ | (97,993,515 | ) |
* | See Schedule of Investments for additional detailed categorizations. |
BHFTII-65
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks98.8% of Net Assets
Security Description | Shares | Value | ||||||
Australia6.4% | ||||||||
A2B Australia, Ltd. (a) |
55,813 | $ | 41,434 | |||||
Accent Group, Ltd. |
97,699 | 79,412 | ||||||
Adairs, Ltd. |
39,936 | 46,221 | ||||||
Adbri, Ltd. |
108,171 | 126,299 | ||||||
Ainsworth Game Technology, Ltd. (a) |
51,616 | 28,726 | ||||||
Alkane Resources, Ltd. (a) |
145,570 | 63,273 | ||||||
Alliance Aviation Services, Ltd. (a) |
6,026 | 11,945 | ||||||
AMA Group, Ltd. (a) |
197,423 | 29,094 | ||||||
AMP, Ltd. (a) |
570,555 | 396,234 | ||||||
Ansell, Ltd. |
15,479 | 247,576 | ||||||
Appen, Ltd. |
12,693 | 24,948 | ||||||
Arafura Resources, Ltd. (a) |
295,492 | 61,656 | ||||||
ARB Corp., Ltd. |
21,560 | 383,523 | ||||||
Ardent Leisure Group, Ltd. |
113,950 | 37,862 | ||||||
AUB Group, Ltd. |
34,964 | 425,342 | ||||||
Audinate Group, Ltd. (a) |
7,537 | 34,927 | ||||||
Aurelia Metals, Ltd. (a) |
300,118 | 37,791 | ||||||
Aussie Broadband, Ltd. (a) |
32,987 | 48,241 | ||||||
Austal, Ltd. |
105,389 | 153,775 | ||||||
Australian Agricultural Co., Ltd. (a) |
114,933 | 126,312 | ||||||
Australian Ethical Investment, Ltd. |
3,755 | 11,911 | ||||||
Australian Finance Group, Ltd. |
54,872 | 56,341 | ||||||
Australian Strategic Materials, Ltd. (a) |
32,427 | 48,728 | ||||||
Auswide Bank, Ltd. |
10,608 | 35,453 | ||||||
AVJennings, Ltd. |
10,332 | 2,774 | ||||||
AVZ Minerals, Ltd. (a) (b) (c) |
403,512 | 169,233 | ||||||
Baby Bunting Group, Ltd. |
24,951 | 59,814 | ||||||
Bapcor, Ltd. |
85,877 | 336,070 | ||||||
Beach Energy, Ltd. |
371,555 | 355,324 | ||||||
Bega Cheese, Ltd. |
99,511 | 219,240 | ||||||
Bellevue Gold, Ltd. (a) |
187,966 | 90,467 | ||||||
Black Rock Mining, Ltd. (a) |
70,006 | 6,615 | ||||||
Blackmores, Ltd. |
4,688 | 187,544 | ||||||
Boral, Ltd. |
77,809 | 131,753 | ||||||
Boss Energy, Ltd. (a) |
15,954 | 27,054 | ||||||
Bravura Solutions, Ltd. |
79,636 | 62,742 | ||||||
Breville Group, Ltd. |
25,536 | 293,433 | ||||||
Brickworks, Ltd. |
16,435 | 224,458 | ||||||
Bubs Australia, Ltd. (a) |
40,453 | 13,091 | ||||||
BWX, Ltd. (a) (b) (c) |
32,748 | 13,197 | ||||||
Calidus Resources, Ltd. (a) |
33,980 | 11,907 | ||||||
Calix, Ltd. (a) |
3,136 | 11,624 | ||||||
Capitol Health, Ltd. |
260,324 | 52,493 | ||||||
Capral, Ltd. |
5,292 | 24,416 | ||||||
Capricorn Metals, Ltd. (a) |
63,797 | 123,087 | ||||||
Carnarvon Energy, Ltd. (a) |
136,527 | 13,577 | ||||||
Cash Converters International, Ltd. |
152,939 | 22,505 | ||||||
Catapult Group International, Ltd. (a) |
33,605 | 17,752 | ||||||
Cedar Woods Properties, Ltd. |
22,776 | 58,262 | ||||||
Chalice Mining, Ltd. (a) |
76,230 | 187,944 | ||||||
Challenger, Ltd. |
43,595 | 163,507 | ||||||
Champion Iron, Ltd. |
59,773 | 185,232 | ||||||
City Chic Collective, Ltd. (a) |
43,372 | 35,750 | ||||||
Clinuvel Pharmaceuticals, Ltd. |
9,453 | 111,259 | ||||||
Clover Corp., Ltd. |
39,945 | 32,069 | ||||||
Codan, Ltd. |
31,190 | 111,847 | ||||||
Collection House, Ltd. (a) (b) (c) |
40,783 | 0 | ||||||
Collins Foods, Ltd. |
30,579 | 169,328 | ||||||
Cooper Energy, Ltd. (a) |
890,406 | 145,374 | ||||||
Corporate Travel Management, Ltd. |
28,366 | 301,170 | ||||||
Costa Group Holdings, Ltd. |
138,722 | 197,300 | ||||||
Credit Corp. Group, Ltd. |
20,160 | 222,850 | ||||||
CSR, Ltd. |
156,422 | 443,837 | ||||||
Dacian Gold, Ltd. (a) |
86,371 | 5,020 | ||||||
Data #3, Ltd. |
49,016 | 194,120 | ||||||
De Grey Mining, Ltd. (a) |
249,351 | 163,652 | ||||||
Deterra Royalties, Ltd. |
69,909 | 179,147 | ||||||
Dicker Data, Ltd. |
11,410 | 74,758 | ||||||
Domain Holdings Australia, Ltd. |
84,414 | 174,395 | ||||||
Downer EDI, Ltd. |
150,888 | 437,633 | ||||||
Eagers Automotive, Ltd. |
35,943 | 250,577 | ||||||
Earlypay, Ltd. |
52,044 | 14,602 | ||||||
Eclipx Group, Ltd. (a) |
82,973 | 118,808 | ||||||
Elanor Investor Group |
5,934 | 6,384 | ||||||
Elders, Ltd. |
45,511 | 345,253 | ||||||
Elixir Energy, Ltd. (a) |
29,923 | 3,010 | ||||||
Emeco Holdings, Ltd. |
147,781 | 78,547 | ||||||
Emerald Resources NL (a) |
28,187 | 19,401 | ||||||
EML Payments, Ltd. (a) |
62,760 | 31,421 | ||||||
Energy World Corp., Ltd. (a) |
472,609 | 16,176 | ||||||
EQT Holdings, Ltd. |
4,874 | 76,838 | ||||||
Estia Health, Ltd. |
52,899 | 66,708 | ||||||
Euroz Hartleys Group, Ltd. |
27,855 | 23,086 | ||||||
Event Hospitality and Entertainment, Ltd. (a) |
33,773 | 277,308 | ||||||
Fiducian Group, Ltd. |
3,121 | 14,071 | ||||||
Finbar Group, Ltd. |
6,909 | 2,871 | ||||||
Firefinch, Ltd. (a) (b) (c) |
39,761 | 3,815 | ||||||
Fleetwood, Ltd. |
35,042 | 32,509 | ||||||
Flight Centre Travel Group, Ltd. (a) |
36,455 | 328,007 | ||||||
Frontier Digital Ventures, Ltd. (a) |
10,067 | 4,050 | ||||||
G8 Education, Ltd. |
300,520 | 183,383 | ||||||
Galan Lithium, Ltd. (a) |
27,489 | 20,677 | ||||||
Genworth Mortgage Insurance Australia, Ltd. |
88,585 | 152,788 | ||||||
Gold Road Resources, Ltd. |
216,581 | 178,585 | ||||||
GR Engineering Services, Ltd. |
5,075 | 6,785 | ||||||
GrainCorp, Ltd. - Class A |
83,590 | 414,476 | ||||||
Grange Resources, Ltd. |
120,000 | 53,061 | ||||||
Greenland Minerals Ltd. (a) |
349,524 | 11,187 | ||||||
GUD Holdings, Ltd. |
52,411 | 249,148 | ||||||
GWA Group, Ltd. |
81,814 | 99,549 | ||||||
Hansen Technologies, Ltd. |
57,391 | 162,803 | ||||||
Hastings Technology Metals, Ltd. (a) |
7,228 | 16,017 | ||||||
Healius, Ltd. |
153,195 | 327,116 | ||||||
HT&E, Ltd. |
82,651 | 63,574 | ||||||
HUB24, Ltd. |
16,586 | 218,397 | ||||||
Humm Group, Ltd. |
107,580 | 31,052 | ||||||
IDM International, Ltd. (a) (b) (c) |
1,969 | 0 | ||||||
Iluka Resources, Ltd. |
42,657 | 245,881 | ||||||
Imdex, Ltd. |
110,358 | 124,766 | ||||||
Immutep, Ltd. (ADR) (a) |
8,886 | 13,862 | ||||||
Infomedia, Ltd. |
133,597 | 100,030 | ||||||
Inghams Group, Ltd. |
86,621 | 131,195 | ||||||
Insignia Financial, Ltd. |
185,529 | 348,210 | ||||||
Integral Diagnostics, Ltd. |
46,301 | 81,724 |
BHFTII-66
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Australia(Continued) | ||||||||
Integrated Research, Ltd. (a) |
28,972 | $ | 7,149 | |||||
Invocare, Ltd. |
44,413 | 285,318 | ||||||
ioneer, Ltd. (a) |
304,527 | 124,253 | ||||||
IPH, Ltd. |
59,961 | 361,000 | ||||||
Iress, Ltd. |
58,472 | 330,352 | ||||||
IVE Group, Ltd. |
19,754 | 28,353 | ||||||
Johns Lyng Group, Ltd. |
42,975 | 170,842 | ||||||
Jumbo Interactive, Ltd. |
12,118 | 92,548 | ||||||
Jupiter Mines, Ltd. |
439,415 | 54,850 | ||||||
Karoon Energy, Ltd. (a) |
168,923 | 196,418 | ||||||
Kelsian Group, Ltd. |
12,263 | 37,612 | ||||||
Kogan.com, Ltd. (a) |
16,956 | 32,701 | ||||||
LEO LIithium, Ltd. (a) |
28,400 | 9,974 | ||||||
Lifestyle Communities, Ltd. |
20,891 | 200,547 | ||||||
Link Administration Holdings, Ltd. |
158,207 | 288,116 | ||||||
Lovisa Holdings, Ltd. |
12,752 | 171,865 | ||||||
Lycopodium, Ltd. |
6,179 | 26,923 | ||||||
MA Financial Group, Ltd. |
11,341 | 27,782 | ||||||
MACA, Ltd. |
71,850 | 49,421 | ||||||
Macmahon Holdings, Ltd. |
380,170 | 36,249 | ||||||
Macquarie Telecom Group, Ltd. (a) |
881 | 33,639 | ||||||
Magellan Financial Group, Ltd. |
5,856 | 41,836 | ||||||
Mayne Pharma Group, Ltd. (a) |
452,144 | 79,006 | ||||||
McMillan Shakespeare, Ltd. |
26,993 | 222,608 | ||||||
McPhersons, Ltd. |
39,600 | 19,544 | ||||||
Mesoblast, Ltd. (a) |
42,929 | 21,238 | ||||||
Metals X, Ltd. (a) |
147,577 | 24,932 | ||||||
Metcash, Ltd. |
143,614 | 355,957 | ||||||
Mincor Resources NL (a) |
50,745 | 59,399 | ||||||
MMA Offshore, Ltd. (a) |
78,350 | 34,742 | ||||||
Monadelphous Group, Ltd. |
35,445 | 293,808 | ||||||
Monash IVF Group, Ltd. |
52,109 | 30,210 | ||||||
Money3 Corp., Ltd. |
50,348 | 57,992 | ||||||
Morning Star Gold NL (a) (b) (c) |
33,455 | 0 | ||||||
Mount Gibson Iron, Ltd. (a) |
158,334 | 41,206 | ||||||
Myer Holdings, Ltd. |
275,411 | 103,196 | ||||||
MyState, Ltd. |
24,019 | 58,554 | ||||||
Nanosonics, Ltd. (a) |
54,895 | 120,049 | ||||||
Navigator Global Investments, Ltd. |
52,466 | 37,701 | ||||||
Nearmap, Ltd. (a) |
109,995 | 139,694 | ||||||
Netwealth Group, Ltd. |
25,931 | 198,437 | ||||||
New Energy Solar, Ltd. |
2,827 | 1,728 | ||||||
New Hope Corp., Ltd. |
137,727 | 553,171 | ||||||
Newcrest Mining, Ltd. (a) |
16,507 | 181,161 | ||||||
nib holdings, Ltd. |
120,205 | 568,958 | ||||||
Nick Scali, Ltd. |
21,771 | 128,407 | ||||||
Nickel Industries, Ltd. |
186,202 | 92,749 | ||||||
Nine Entertainment Co. Holdings, Ltd. |
54,285 | 64,038 | ||||||
Novonix, Ltd. (a) |
53,945 | 59,170 | ||||||
NRW Holdings, Ltd. |
134,771 | 203,388 | ||||||
Nufarm, Ltd. |
102,823 | 325,947 | ||||||
Objective Corp., Ltd. |
2,117 | 17,760 | ||||||
OceanaGold Corp. (a) |
212,111 | 345,495 | ||||||
OFX Group, Ltd. (a) |
99,303 | 160,320 | ||||||
OM Holdings, Ltd. |
21,506 | 8,376 | ||||||
Omni Bridgeway, Ltd. (a) |
75,128 | 180,543 | ||||||
oOh!media, Ltd. |
130,777 | 102,641 | ||||||
Opthea, Ltd. (a) |
15,431 | 11,493 | ||||||
Orora, Ltd. |
248,793 | 474,814 | ||||||
Pacific Current Group, Ltd. |
12,733 | 59,479 | ||||||
Pacific Smiles Group, Ltd. (a) |
13,431 | 12,786 | ||||||
Pact Group Holdings, Ltd. |
50,886 | 43,733 | ||||||
Paladin Energy, Ltd. (a) |
599,035 | 290,673 | ||||||
Panoramic Resources, Ltd. (a) |
200,216 | 24,411 | ||||||
Pantoro, Ltd. (a) |
98,978 | 10,349 | ||||||
Peet, Ltd. |
88,199 | 60,765 | ||||||
Pendal Group, Ltd. |
88,324 | 252,660 | ||||||
PeopleIN, Ltd. |
8,684 | 17,031 | ||||||
Perenti Global, Ltd. (a) |
204,417 | 120,646 | ||||||
Perpetual, Ltd. |
19,757 | 298,637 | ||||||
Perseus Mining, Ltd. |
340,886 | 335,776 | ||||||
Pinnacle Investment Management Group, Ltd. |
20,949 | 109,548 | ||||||
Platinum Asset Management, Ltd. |
114,060 | 123,013 | ||||||
PolyNovo, Ltd. (a) |
68,632 | 56,426 | ||||||
Poseidon Nickel, Ltd. (a) |
225,248 | 6,498 | ||||||
Praemium, Ltd. |
98,955 | 41,883 | ||||||
Premier Investments, Ltd. |
18,673 | 266,119 | ||||||
Propel Funeral Partners, Ltd. |
8,061 | 24,411 | ||||||
PSC Insurance Group, Ltd. |
11,367 | 34,975 | ||||||
PWR Holdings, Ltd. |
16,772 | 91,095 | ||||||
PYC Therapeutics, Ltd. (a) |
83,719 | 3,458 | ||||||
QANTM Intellectual Property, Ltd. |
14,173 | 8,876 | ||||||
Ramelius Resources, Ltd. |
229,213 | 105,426 | ||||||
Reckon, Ltd. |
36,898 | 26,549 | ||||||
Red 5, Ltd. (a) (b) (c) |
475,220 | 57,189 | ||||||
Redbubble, Ltd. (a) |
43,202 | 17,253 | ||||||
Regis Healthcare, Ltd. |
26,109 | 28,415 | ||||||
Regis Resources, Ltd. |
236,656 | 237,271 | ||||||
Reject Shop, Ltd. (The) (a) |
12,421 | 32,743 | ||||||
Resolute Mining, Ltd. (a) |
357,444 | 48,142 | ||||||
Retail Food Group, Ltd. (a) |
190,378 | 6,470 | ||||||
Ridley Corp., Ltd. |
113,689 | 148,505 | ||||||
RPMGlobal Holdings, Ltd. (a) |
24,415 | 23,593 | ||||||
Sandfire Resources, Ltd. |
121,005 | 287,187 | ||||||
Select Harvests, Ltd. |
44,322 | 148,486 | ||||||
Servcorp, Ltd. |
21,215 | 43,935 | ||||||
Service Stream, Ltd. |
154,571 | 66,643 | ||||||
Seven West Media, Ltd. (a) |
345,244 | 90,600 | ||||||
SG Fleet Group, Ltd. |
27,529 | 35,449 | ||||||
Shaver Shop Group, Ltd. |
18,090 | 12,503 | ||||||
Sierra Rutile Holdings, Ltd. (a) |
66,772 | 8,909 | ||||||
Sigma Healthcare, Ltd. |
347,766 | 148,111 | ||||||
Silver Lake Resources, Ltd. (a) |
202,549 | 153,908 | ||||||
Silver Mines, Ltd. (a) |
74,163 | 7,744 | ||||||
SmartGroup Corp., Ltd. |
33,331 | 106,498 | ||||||
SolGold plc (a) |
36,239 | 6,133 | ||||||
Southern Cross Media Group, Ltd. |
76,997 | 45,456 | ||||||
SRG Global, Ltd. |
9,380 | 4,006 | ||||||
St. Barbara, Ltd. (a) |
208,312 | 99,134 | ||||||
Star Entertainment Group, Ltd. (The) (a) |
208,130 | 341,122 | ||||||
Strike Energy, Ltd. (a) |
198,861 | 31,229 | ||||||
Sunland Group, Ltd. |
40,150 | 59,629 | ||||||
Super Retail Group, Ltd. |
52,166 | 293,788 | ||||||
Superloop, Ltd. (a) |
59,252 | 24,827 |
BHFTII-67
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Australia(Continued) | ||||||||
Symbio Holdings, Ltd. |
4,332 | $ | 8,778 | |||||
Syrah Resources, Ltd. (a) |
163,680 | 168,794 | ||||||
Tabcorp Holdings, Ltd. |
86,052 | 51,526 | ||||||
Tassal Group, Ltd. |
70,236 | 232,556 | ||||||
Technology One, Ltd. |
59,776 | 400,569 | ||||||
Temple & Webster Group, Ltd. (a) |
11,478 | 36,203 | ||||||
Ten Sixty Four, Ltd. |
60,972 | 25,032 | ||||||
Terracom, Ltd. |
22,124 | 14,477 | ||||||
Tietto Minerals, Ltd. (a) |
61,032 | 17,044 | ||||||
Tribune Resources, Ltd. |
2,377 | 5,633 | ||||||
Tyro Payments, Ltd. (a) |
54,611 | 44,358 | ||||||
United Malt Group, Ltd. |
95,694 | 190,819 | ||||||
Virgin Australia International Holding, Ltd. (a) (b) (c) |
968,773 | 0 | ||||||
Vista Group International, Ltd. (a) |
33,201 | 30,507 | ||||||
Viva Energy Group, Ltd. |
164,478 | 273,198 | ||||||
Webjet, Ltd. (a) |
84,765 | 256,239 | ||||||
West African Resources, Ltd. (a) |
238,805 | 158,497 | ||||||
Westgold Resources, Ltd. (a) |
123,130 | 65,925 | ||||||
Whitehaven Coal, Ltd. |
237,257 | 1,364,301 | ||||||
Zip Co., Ltd. (a) |
37,474 | 15,990 | ||||||
|
|
|||||||
29,956,083 | ||||||||
|
|
|||||||
Austria1.4% | ||||||||
A-TEC Industries AG (a) (b) (c) |
1 | 0 | ||||||
Agrana Beteiligungs AG |
4,073 | 56,483 | ||||||
ams-OSRAM AG (a) |
58,625 | 364,865 | ||||||
Andritz AG |
20,093 | 850,296 | ||||||
Austria Technologie & Systemtechnik AG |
11,814 | 385,410 | ||||||
BAWAG Group AG (a) |
18,569 | 796,820 | ||||||
CA Immobilien Anlagen AG |
4,165 | 123,419 | ||||||
DO & Co. AG (a) |
2,435 | 160,592 | ||||||
EVN AG |
9,993 | 166,280 | ||||||
FACC AG (a) (d) |
6,291 | 37,406 | ||||||
Flughafen Wien AG (a) |
900 | 29,183 | ||||||
Immofinanz AG |
28,505 | 0 | ||||||
Kapsch TrafficCom AG (a) (d) |
1,870 | 19,917 | ||||||
Kontron AG (d) |
15,588 | 222,905 | ||||||
Lenzing AG (d) |
3,209 | 174,572 | ||||||
Mayr Melnhof Karton AG |
2,669 | 342,559 | ||||||
Oberbank AG |
198 | 19,792 | ||||||
Oesterreichische Post AG (d) |
5,869 | 156,552 | ||||||
Palfinger AG |
5,204 | 99,120 | ||||||
POLYTEC Holding AG (d) |
6,228 | 27,497 | ||||||
Porr AG |
2,768 | 24,399 | ||||||
Raiffeisen Bank International AG |
22,955 | 272,536 | ||||||
Rosenbauer International AG (d) |
1,414 | 40,918 | ||||||
Schoeller-Bleckmann Oilfield Equipment AG |
3,509 | 153,889 | ||||||
Semperit AG Holding |
4,892 | 82,313 | ||||||
Strabag SE |
2,729 | 103,175 | ||||||
Telekom Austria AG (a) |
40,133 | 231,629 | ||||||
UBM Development AG |
1,459 | 38,583 | ||||||
UNIQA Insurance Group AG |
32,519 | 191,494 | ||||||
Vienna Insurance Group AG Wiener Versicherung Gruppe |
9,511 | 194,293 | ||||||
voestalpine AG |
25,972 | 439,227 | ||||||
Wienerberger AG |
33,409 | 669,811 | ||||||
Zumtobel Group AG |
8,536 | 50,065 | ||||||
|
|
|||||||
6,526,000 | ||||||||
|
|
|||||||
Belgium1.6% | ||||||||
Ackermans & van Haaren NV |
7,319 | 926,345 | ||||||
AGFA-Gevaert NV (a) |
50,218 | 148,580 | ||||||
Atenor |
1,361 | 54,497 | ||||||
Banque Nationale de Belgique |
15 | 12,652 | ||||||
Barco NV |
21,013 | 445,084 | ||||||
Bekaert S.A. |
10,571 | 264,111 | ||||||
Biocartis Group NV (a) (d) |
10,340 | 8,664 | ||||||
bpost S.A. |
18,928 | 101,249 | ||||||
Cie dEntreprises CFE (a) (d) |
2,249 | 21,395 | ||||||
Dieteren Group |
619 | 86,859 | ||||||
Deceuninck NV |
27,313 | 50,763 | ||||||
Deme Group (a) |
2,249 | 233,227 | ||||||
Econocom Group S.A. |
39,556 | 97,826 | ||||||
Elia Group S.A. |
2,092 | 245,873 | ||||||
Etablissements Franz Colruyt NV |
7,308 | 159,920 | ||||||
Euronav NV |
53,441 | 835,567 | ||||||
EVS Broadcast Equipment S.A. |
4,312 | 79,469 | ||||||
Exmar NV |
10,339 | 92,896 | ||||||
Fagron |
14,385 | 176,288 | ||||||
Galapagos NV (a) |
9,086 | 388,789 | ||||||
GIMV NV |
4,984 | 213,429 | ||||||
Greenyard NV (a) |
5,819 | 38,156 | ||||||
Immobel S.A. (d) |
1,276 | 55,688 | ||||||
Ion Beam Applications |
6,507 | 76,012 | ||||||
Jensen-Group NV |
1,035 | 28,324 | ||||||
Kinepolis Group NV (a) |
4,307 | 157,980 | ||||||
Lotus Bakeries NV |
92 | 470,089 | ||||||
MDxHealth S.A. (a) (d) |
8,434 | 5,565 | ||||||
Melexis NV |
5,164 | 349,410 | ||||||
Mithra Pharmaceuticals S.A. (a) (d) |
506 | 3,100 | ||||||
Ontex Group NV (a) |
16,729 | 89,177 | ||||||
Orange Belgium S.A. (a) |
5,071 | 89,235 | ||||||
Picanol (d) |
467 | 31,488 | ||||||
Proximus SADP |
28,286 | 293,083 | ||||||
Recticel S.A. |
15,533 | 203,825 | ||||||
Roularta Media Group NV |
1,629 | 26,735 | ||||||
Shurgard Self Storage S.A. |
5,118 | 208,527 | ||||||
Sipef NV |
1,958 | 103,590 | ||||||
Telenet Group Holding NV |
8,880 | 121,115 | ||||||
TER Beke S.A. |
148 | 12,888 | ||||||
Tessenderlo Group S.A. (a) |
5,516 | 162,361 | ||||||
Van de Velde NV |
1,970 | 62,679 | ||||||
VGP NV |
1,334 | 126,039 | ||||||
Viohalco S.A. |
26,609 | 87,942 | ||||||
X-Fab Silicon Foundries SE (a) |
14,349 | 71,503 | ||||||
|
|
|||||||
7,517,994 | ||||||||
|
|
|||||||
Cambodia0.0% | ||||||||
NagaCorp, Ltd. (a) (d) |
252,325 | 165,631 | ||||||
|
|
BHFTII-68
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Canada12.2% | ||||||||
5N Plus, Inc. (a) |
33,732 | $ | 40,781 | |||||
Absolute Software Corp. (d) |
1,711 | 19,794 | ||||||
Acadian Timber Corp. (d) |
3,800 | 44,015 | ||||||
Aclara Resources, Inc. (a) (d) |
13,185 | 3,054 | ||||||
Advantage Energy, Ltd. (a) |
91,030 | 654,380 | ||||||
Aecon Group, Inc. (d) |
19,646 | 135,396 | ||||||
AG Growth International, Inc. |
5,820 | 135,667 | ||||||
AGF Management, Ltd. - Class B |
19,644 | 86,178 | ||||||
Aimia, Inc. (a) (d) |
24,635 | 61,527 | ||||||
AirBoss of America Corp. (d) |
3,761 | 22,735 | ||||||
Alamos Gold, Inc. - Class A |
114,958 | 852,188 | ||||||
Alaris Equity Partners Income (d) |
8,510 | 91,424 | ||||||
Algoma Central Corp. |
6,110 | 71,258 | ||||||
Altius Minerals Corp. (d) |
12,660 | 177,433 | ||||||
Altus Group, Ltd. (d) |
12,988 | 421,039 | ||||||
Americas Gold And Silver Corp. (a) (d) |
4,400 | 1,847 | ||||||
Amerigo Resources, Ltd. |
35,000 | 24,577 | ||||||
Andlauer Healthcare Group, Inc. (d) |
1,869 | 64,336 | ||||||
Andrew Peller, Ltd. - Class A |
11,417 | 46,367 | ||||||
Aritzia, Inc. (a) |
24,317 | 799,036 | ||||||
Ascot Resources, Ltd. (a) (d) |
16,500 | 4,658 | ||||||
Atco, Ltd. - Class I |
19,446 | 597,591 | ||||||
Athabasca Oil Corp. (a) |
144,824 | 223,314 | ||||||
ATS Automation Tooling Systems, Inc. (a) |
25,733 | 679,209 | ||||||
Aurora Cannabis, Inc. (a) |
8,729 | 10,649 | ||||||
AutoCanada, Inc. (a) |
8,428 | 138,133 | ||||||
B2Gold Corp. |
43,043 | 138,351 | ||||||
B2Gold Corp. (d) |
216,224 | 696,241 | ||||||
Badger Infrastructure Solutions, Ltd. |
11,262 | 229,504 | ||||||
Ballard Power Systems, Inc. (a) (d) |
35,195 | 215,393 | ||||||
Baytex Energy Corp. (a) |
136,747 | 579,122 | ||||||
Birchcliff Energy, Ltd. |
80,388 | 570,895 | ||||||
Bird Construction, Inc. |
18,612 | 80,304 | ||||||
Black Diamond Group, Ltd. (d) |
19,812 | 54,501 | ||||||
BlackBerry, Ltd. (a) (d) |
64,374 | 302,558 | ||||||
BMTC Group, Inc. |
5,387 | 52,257 | ||||||
Bombardier, Inc. - Class A (a) (d) |
584 | 11,415 | ||||||
Bombardier, Inc. - Class B (a) |
17,689 | 316,682 | ||||||
Boralex, Inc. - Class A |
25,118 | 797,717 | ||||||
Boyd Group Services, Inc. |
4,432 | 558,111 | ||||||
Bridgemarq Real Estate Services |
3,500 | 36,486 | ||||||
Brookfield Infrastructure Corp. - Class A |
12,107 | 492,834 | ||||||
Calian Group, Ltd. |
2,846 | 115,233 | ||||||
Canaccord Genuity Group, Inc. |
30,012 | 147,089 | ||||||
Canacol Energy, Ltd. (d) |
40,661 | 55,045 | ||||||
Canada Goose Holdings, Inc. (a) (d) |
9,656 | 147,157 | ||||||
Canada Goose Holdings, Inc. (a) (d) |
4,869 | 74,092 | ||||||
Canadian Western Bank (d) |
25,085 | 408,413 | ||||||
Canfor Corp. (a) |
20,141 | 293,217 | ||||||
Canfor Pulp Products, Inc. (a) |
11,097 | 37,958 | ||||||
Capital Power Corp. (d) |
36,075 | 1,224,829 | ||||||
Capstone Mining Corp. (a) (d) |
122,839 | 289,901 | ||||||
Cardinal Energy, Ltd. |
32,459 | 166,836 | ||||||
Cascades, Inc. |
28,626 | 166,615 | ||||||
Celestica, Inc. (a) |
35,793 | 301,611 | ||||||
Centerra Gold, Inc. |
66,685 | 293,513 | ||||||
CES Energy Solutions Corp. (d) |
90,181 | 142,321 | ||||||
CI Financial Corp. |
51,912 | 497,568 | ||||||
Clairvest Group, Inc. |
200 | 10,352 | ||||||
Cogeco Communications, Inc. |
3,980 | 207,766 | ||||||
Cogeco, Inc. |
2,109 | 84,125 | ||||||
Computer Modelling Group, Ltd. |
28,920 | 106,355 | ||||||
Copper Mountain Mining Corp. (a) (d) |
63,622 | 70,929 | ||||||
Corby Spirit and Wine, Ltd. |
3,957 | 50,445 | ||||||
Corus Entertainment, Inc. - B Shares |
69,390 | 118,551 | ||||||
Crescent Point Energy Corp. |
89,477 | 550,588 | ||||||
Crescent Point Energy Corp. (d) |
60,196 | 370,807 | ||||||
Crew Energy, Inc. (a) |
69,029 | 257,356 | ||||||
Cronos Group, Inc. (a) |
11,628 | 32,791 | ||||||
Denison Mines Corp. (a) (d) |
231,048 | 269,293 | ||||||
Dexterra Group, Inc. (d) |
11,442 | 47,628 | ||||||
DIRTT Environmental Solutions (a) (d) |
17,310 | 7,393 | ||||||
Doman Building Materials Group, Ltd. (d) |
19,304 | 81,193 | ||||||
Dorel Industries, Inc. - Class B |
8,626 | 29,662 | ||||||
DREAM Unlimited Corp. - Class A |
8,735 | 155,559 | ||||||
Dundee Precious Metals, Inc. |
45,872 | 203,898 | ||||||
E-L Financial Corp., Ltd. |
677 | 411,684 | ||||||
ECN Capital Corp. |
87,631 | 289,915 | ||||||
Eldorado Gold Corp. (a) |
51,016 | 308,382 | ||||||
Element Fleet Management Corp. (d) |
101,554 | 1,198,342 | ||||||
Endeavour Silver Corp. (a) (d) |
34,348 | 103,441 | ||||||
Enerflex, Ltd. |
29,289 | 125,735 | ||||||
Enerplus Corp. |
10,239 | 145,087 | ||||||
Enerplus Corp. |
56,230 | 796,220 | ||||||
Enghouse Systems, Ltd. |
12,678 | 266,161 | ||||||
Ensign Energy Services, Inc. (a) |
51,526 | 84,301 | ||||||
EQB, Inc. |
8,098 | 272,249 | ||||||
Equinox Gold Corp. (a) (d) |
28,628 | 103,831 | ||||||
Equinox Gold Corp. (a) (d) |
27,871 | 101,729 | ||||||
ERO Copper Corp. (a) (d) |
16,890 | 186,709 | ||||||
Evertz Technologies, Ltd. (d) |
9,349 | 83,111 | ||||||
Exchange Income Corp. (d) |
4,751 | 142,528 | ||||||
Exco Technologies, Ltd. (d) |
7,732 | 43,100 | ||||||
Extendicare, Inc. (d) |
29,162 | 143,345 | ||||||
Fiera Capital Corp. (d) |
22,157 | 139,389 | ||||||
Finning International, Inc. |
39,332 | 691,339 | ||||||
Firm Capital Mortgage Investment Corp. (d) |
9,574 | 79,844 | ||||||
First Majestic Silver Corp. (d) |
9,430 | 71,857 | ||||||
First Majestic Silver Corp. (d) |
45,160 | 345,234 | ||||||
First Mining Gold Corp. (a) |
50,000 | 7,420 | ||||||
First National Financial Corp. (d) |
4,907 | 127,919 | ||||||
Fission Uranium Corp. (a) (d) |
114,725 | 54,815 | ||||||
Fortuna Silver Mines, Inc. (a) (d) |
82,364 | 206,305 | ||||||
Fortuna Silver Mines, Inc. (a) (d) |
4,200 | 10,584 | ||||||
Freehold Royalties, Ltd. |
35,012 | 364,479 | ||||||
Galiano Gold, Inc. (a) (d) |
23,027 | 11,169 | ||||||
Gamehost, Inc. |
4,952 | 27,962 | ||||||
GDI Integrated Facility Services, Inc. (a) |
3,200 | 99,034 | ||||||
Gibson Energy, Inc. (d) |
42,525 | 676,349 | ||||||
Goeasy, Ltd. |
3,895 | 303,175 | ||||||
GoGold Resources, Inc. (a) (d) |
28,473 | 32,568 | ||||||
GoldMoney, Inc. (a) (d) |
11,000 | 13,139 | ||||||
Goodfood Market Corp. (a) (d) |
8,500 | 5,600 | ||||||
Gran Tierra Energy, Inc. (a) (d) |
112,213 | 137,286 |
BHFTII-69
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Canada(Continued) | ||||||||
Guardian Capital Group, Ltd. - Class A |
5,600 | $ | 108,445 | |||||
Hanfeng Evergreen, Inc. (a) (b) (c) |
12,100 | 0 | ||||||
Headwater Exploration, Inc. (a) |
35,296 | 134,403 | ||||||
Heroux-Devtek, Inc. (a) |
12,653 | 112,209 | ||||||
High Liner Foods, Inc. |
6,007 | 56,576 | ||||||
Home Capital Group, Inc. (d) |
14,784 | 294,321 | ||||||
HudBay Minerals, Inc. |
64,983 | 261,560 | ||||||
i-80 Gold Corp. (a) |
7,853 | 13,871 | ||||||
IAMGOLD Corp. (a) (d) |
5,500 | 5,885 | ||||||
IAMGOLD Corp. (a) (d) |
118,555 | 127,880 | ||||||
Imperial Metals Corp. (a) |
19,966 | 35,123 | ||||||
Information Services Corp. (d) |
2,900 | 46,292 | ||||||
Innergex Renewable Energy, Inc. |
35,108 | 441,979 | ||||||
InPlay Oil Corp. (a) |
5,900 | 11,319 | ||||||
Interfor Corp. (a) |
23,632 | 413,669 | ||||||
International Petroleum Corp. (a) |
1,640 | 12,929 | ||||||
International Petroleum Corp. (a) |
11,970 | 95,725 | ||||||
International Tower Hill Mines, Ltd. (a) |
21,604 | 11,104 | ||||||
Invesque, Inc. (a) (d) |
9,800 | 10,192 | ||||||
Jamieson Wellness, Inc. |
12,957 | 314,322 | ||||||
Journey Energy, Inc. (a) |
100 | 341 | ||||||
K-Bro Linen, Inc. |
3,219 | 65,692 | ||||||
K92 Mining, Inc. (a) |
12,873 | 73,621 | ||||||
Karora Resources, Inc. (a) |
28,791 | 59,402 | ||||||
Kelt Exploration, Ltd. (a) |
58,951 | 222,344 | ||||||
Keyera Corp. |
10,762 | 221,574 | ||||||
Kinaxis, Inc. (a) |
3,062 | 303,839 | ||||||
Kingsway Financial Services, Inc. (a) |
8,765 | 60,829 | ||||||
Knight Therapeutics, Inc. (a) |
36,815 | 141,519 | ||||||
KP Tissue, Inc. (d) |
1,400 | 10,429 | ||||||
Labrador Iron Ore Royalty Corp. (d) |
17,800 | 372,533 | ||||||
Largo, Inc. (a) (d) |
8,317 | 43,712 | ||||||
Lassonde Industries, Inc. - Class A |
900 | 70,842 | ||||||
Laurentian Bank of Canada |
12,879 | 276,162 | ||||||
Leons Furniture, Ltd. |
9,639 | 111,647 | ||||||
Lightspeed Commerce, Inc. (a) |
11,035 | 193,995 | ||||||
Lightstream Resources, Ltd. (a) (b) (c) |
108,373 | 0 | ||||||
Linamar Corp. |
12,044 | 469,170 | ||||||
Logistec Corp. - Class B |
600 | 16,584 | ||||||
Lucara Diamond Corp. (a) (d) |
110,136 | 43,852 | ||||||
Lundin Gold, Inc. |
11,400 | 79,227 | ||||||
MAG Silver Corp. (a) |
8,829 | 110,186 | ||||||
Magellan Aerospace Corp. |
5,794 | 28,984 | ||||||
Mainstreet Equity Corp. (a) |
2,261 | 173,501 | ||||||
Major Drilling Group International, Inc. (a) |
28,577 | 171,915 | ||||||
Manitok Energy, Inc. (a) (b) (c) |
122 | 0 | ||||||
Maple Leaf Foods, Inc. |
26,200 | 391,478 | ||||||
Martinrea International, Inc. |
25,209 | 156,034 | ||||||
Maverix Metals, Inc. |
7,686 | 25,748 | ||||||
Maxim Power Corp. (a) |
2,800 | 8,270 | ||||||
MDF Commerce, Inc. (a) (d) |
4,176 | 6,651 | ||||||
Medical Facilities Corp. (d) |
12,861 | 99,901 | ||||||
MEG Energy Corp. (a) |
87,454 | 978,781 | ||||||
Melcor Developments, Ltd. |
3,120 | 24,484 | ||||||
Methanex Corp. (d) |
14,040 | 447,455 | ||||||
Methanex Corp. |
1,300 | 41,409 | ||||||
Morguard Corp. |
1,400 | 110,543 | ||||||
Mountain Province Diamonds, Inc. (a) |
1,600 | 637 | ||||||
MTY Food Group, Inc. |
6,320 | 260,834 | ||||||
Mullen Group, Ltd. (d) |
29,854 | 307,758 | ||||||
Neo Performance Materials, Inc. |
4,300 | 31,720 | ||||||
New Gold, Inc. (a) |
172,247 | 153,374 | ||||||
NFI Group, Inc. (d) |
13,975 | 122,819 | ||||||
Nighthawk Gold Corp. (a) |
4,900 | 1,029 | ||||||
North American Construction Group, Ltd. |
10,441 | 99,697 | ||||||
North West Co., Inc. (The) |
15,571 | 360,601 | ||||||
NuVista Energy, Ltd. (a) |
59,117 | 419,834 | ||||||
Organigram Holdings, Inc. (a) |
36,998 | 32,247 | ||||||
Orla Mining, Ltd. (a) (d) |
8,000 | 26,080 | ||||||
Osisko Gold Royalties, Ltd. |
5,132 | 52,244 | ||||||
Osisko Gold Royalties, Ltd. |
37,232 | 379,234 | ||||||
Osisko Mining, Inc. (a) |
54,809 | 122,605 | ||||||
Pan American Silver Corp. |
27,213 | 432,142 | ||||||
Pan American Silver Corp. |
1,187 | 18,870 | ||||||
Paramount Resources, Ltd. - Class A |
19,290 | 340,736 | ||||||
Parex Resources, Inc. |
39,859 | 582,007 | ||||||
Park Lawn Corp. |
9,456 | 164,771 | ||||||
Parkland Corp. |
39,866 | 854,261 | ||||||
Pason Systems, Inc. |
24,116 | 230,799 | ||||||
Peyto Exploration & Development Corp. (d) |
67,791 | 540,816 | ||||||
PHX Energy Services Corp. |
12,350 | 51,766 | ||||||
Pizza Pizza Royalty Corp. |
6,998 | 64,035 | ||||||
Polaris Renewable Energy, Inc. |
5,300 | 62,387 | ||||||
Pollard Banknote, Ltd. (d) |
2,690 | 36,903 | ||||||
PolyMet Mining Corp. (a) |
3,835 | 11,133 | ||||||
PrairieSky Royalty, Ltd. (d) |
56,452 | 727,846 | ||||||
Precision Drilling Corp. (a) |
4,794 | 242,693 | ||||||
Premium Brands Holdings Corp. (d) |
10,255 | 631,031 | ||||||
Primo Water Corp. |
45,705 | 573,070 | ||||||
Pulse Seismic, Inc. (d) |
13,500 | 18,569 | ||||||
Quarterhill, Inc. |
44,645 | 53,005 | ||||||
Questerre Energy Corp. - Class A (a) (d) |
83,569 | 13,915 | ||||||
Real Matters, Inc. (a) |
25,451 | 87,517 | ||||||
Recipe Unlimited Corp. (a) |
4,150 | 61,949 | ||||||
RF Capital Group ,Inc. (a) (d) |
1,730 | 18,110 | ||||||
Richelieu Hardware, Ltd. |
16,390 | 454,793 | ||||||
Rogers Sugar, Inc. (d) |
35,106 | 157,060 | ||||||
Russel Metals, Inc. |
23,322 | 433,906 | ||||||
Sabina Gold & Silver Corp. (a) (d) |
64,606 | 50,980 | ||||||
Sandstorm Gold, Ltd. |
58,462 | 302,605 | ||||||
Savaria Corp. (d) |
10,600 | 105,896 | ||||||
Seabridge Gold, Inc. (a) |
14,263 | 169,302 | ||||||
Secure Energy Services, Inc. |
69,364 | 289,739 | ||||||
Shawcor, Ltd. (a) |
21,791 | 134,720 | ||||||
Sienna Senior Living, Inc. (d) |
22,176 | 189,114 | ||||||
Sierra Wireless, Inc. (a) |
12,710 | 386,356 | ||||||
SilverCrest Metals, Inc. (a) (d) |
3,915 | 21,650 | ||||||
SilverCrest Metals, Inc. (a) (d) |
8,003 | 44,437 | ||||||
Sleep Country Canada Holdings, Inc. |
12,404 | 219,731 | ||||||
SNC-Lavalin Group, Inc. (d) |
40,482 | 674,041 | ||||||
SNDL, Inc. (a) |
11,204 | 24,425 | ||||||
Spin Master Corp. |
8,748 | 263,260 | ||||||
Sprott, Inc. (d) |
6,042 | 202,734 | ||||||
SSR Mining, Inc. |
53,993 | 793,860 |
BHFTII-70
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Canada(Continued) | ||||||||
Stantec, Inc. |
4,098 | $ | 179,720 | |||||
Stelco Holdings, Inc. |
9,844 | 245,218 | ||||||
Stella-Jones, Inc. |
16,794 | 471,475 | ||||||
Steppe Gold, Ltd. (a) |
6,300 | 4,561 | ||||||
SunOpta, Inc. (a) (d) |
26,392 | 240,544 | ||||||
Superior Plus Corp. (d) |
54,086 | 392,328 | ||||||
Surge Energy, Inc. |
9,000 | 50,885 | ||||||
Tamarack Valley Energy, Ltd. (d) |
85,898 | 235,678 | ||||||
Taseko Mines, Ltd. (a) (d) |
108,786 | 124,430 | ||||||
TECSYS, Inc. (d) |
172 | 3,643 | ||||||
TELUS Corp. |
9,467 | 195,597 | ||||||
TeraGo, Inc. (a) |
4,100 | 9,824 | ||||||
TerraVest Industries, Inc. |
1,600 | 28,320 | ||||||
Tidewater Midstream and Infrastructure, Ltd. (d) |
79,200 | 56,762 | ||||||
Timbercreek Financial Corp. (d) |
29,251 | 160,935 | ||||||
Torex Gold Resources, Inc. (a) |
27,594 | 199,162 | ||||||
Total Energy Services, Inc. (d) |
17,786 | 83,178 | ||||||
TransAlta Corp. |
83,943 | 741,987 | ||||||
TransAlta Renewables, Inc. (d) |
28,608 | 302,783 | ||||||
Transcontinental, Inc. - Class A |
21,120 | 246,006 | ||||||
TransGlobe Energy Corp. |
7,380 | 19,778 | ||||||
TransGlobe Energy Corp. |
4,500 | 12,021 | ||||||
Treasury Metals, Inc. (a) |
14 | 3 | ||||||
Trevali Mining Corp. (a) (b) (c) (d) |
9,060 | 1,345 | ||||||
Trican Well Service, Ltd. (a) (d) |
92,913 | 193,043 | ||||||
Tricon Residential, Inc. |
63,428 | 548,713 | ||||||
Triple Flag Precious Metals Corp. |
1,100 | 13,936 | ||||||
Trisura Group, Ltd. (a) (d) |
10,823 | 261,770 | ||||||
Turquoise Hill Resources, Ltd. (a) |
21,279 | 630,044 | ||||||
Uni-Select, Inc. (a) |
13,271 | 350,473 | ||||||
Vecima Networks, Inc. |
2,500 | 30,767 | ||||||
Vermilion Energy, Inc. |
33,426 | 715,537 | ||||||
Vermilion Energy, Inc. (d) |
7,743 | 165,855 | ||||||
VersaBank |
2,000 | 14,030 | ||||||
Wajax Corp. |
7,885 | 106,172 | ||||||
Waterloo Brewing, Ltd. |
2,600 | 5,722 | ||||||
Wesdome Gold Mines, Ltd. (a) |
54,507 | 368,549 | ||||||
Western Forest Products, Inc. |
145,247 | 138,796 | ||||||
Westshore Terminals Investment Corp. (d) |
17,388 | 333,825 | ||||||
Whitecap Resources, Inc. |
149,819 | 947,926 | ||||||
WildBrain, Ltd. (a) (d) |
49,540 | 82,486 | ||||||
Winpak, Ltd. |
9,852 | 320,448 | ||||||
Yamana Gold, Inc. (d) |
54,613 | 247,397 | ||||||
Yamana Gold, Inc. |
169,409 | 766,501 | ||||||
Yellow Pages, Ltd. (d) |
6,975 | 62,865 | ||||||
Zenith Capital Corp. (a) (b) (c) |
12,830 | 1,925 | ||||||
|
|
|||||||
57,307,457 | ||||||||
|
|
|||||||
China0.2% | ||||||||
BOE Varitronix, Ltd. |
39,000 | 70,229 | ||||||
Bund Center Investment, Ltd. |
107,700 | 34,119 | ||||||
China Display Optoelectronics Technology Holdings, Ltd. (a) |
136,000 | 6,308 | ||||||
China Gold International Resources Corp., Ltd. (d) |
79,013 | 201,343 | ||||||
China Sunsine Chemical Holdings, Ltd. |
70,000 | 21,897 | ||||||
CITIC Telecom International Holdings, Ltd. |
467,000 | 151,125 | ||||||
First Sponsor Group, Ltd. |
9,490 | 8,061 | ||||||
Fountain SET Holdings, Ltd. |
280,000 | 30,320 | ||||||
GDH Guangnan Holdings, Ltd. |
264,000 | 19,476 | ||||||
Goodbaby International Holdings, Ltd. (a) |
193,000 | 18,668 | ||||||
Guotai Junan International Holdings, Ltd. (d) |
806,600 | 59,598 | ||||||
Neo-Neon Holdings, Ltd. (a) |
322,500 | 18,899 | ||||||
TI Fluid Systems plc |
7,903 | 10,597 | ||||||
Yangzijiang Shipbuilding Holdings, Ltd. |
212,800 | 152,161 | ||||||
|
|
|||||||
802,801 | ||||||||
|
|
|||||||
Colombia0.0% | ||||||||
Frontera Energy Corp. (a) |
10,147 | 73,531 | ||||||
|
|
|||||||
Denmark2.3% | ||||||||
ALK Abello A/S (a) |
35,460 | 557,821 | ||||||
Alm Brand A/S |
262,490 | 320,073 | ||||||
Bang & Olufsen A/S (a) (d) |
30,627 | 36,588 | ||||||
Bavarian Nordic A/S (a) (d) |
20,257 | 590,955 | ||||||
Better Collective A/S (a) (d) |
3,925 | 49,551 | ||||||
Brodrene Hartmann A/S (a) |
653 | 18,529 | ||||||
cBrain A/S (d) |
939 | 15,948 | ||||||
Chemometec A/S |
3,943 | 297,664 | ||||||
Columbus A/S |
20,865 | 18,253 | ||||||
D/S Norden A/S |
8,013 | 334,662 | ||||||
DFDS A/S |
10,724 | 277,654 | ||||||
Drilling Co. of 1972 A/S (a) |
2,524 | 120,479 | ||||||
FLSmidth & Co. A/S |
12,789 | 275,689 | ||||||
H Lundbeck A/S |
71,780 | 227,427 | ||||||
H+H International A/S - Class B (a) |
5,958 | 78,599 | ||||||
Harboes Bryggeri A/S - Class B (a) |
1,454 | 12,617 | ||||||
ISS A/S (a) |
34,825 | 533,280 | ||||||
Jeudan A/S |
2,360 | 80,593 | ||||||
Jyske Bank A/S (a) |
16,358 | 843,933 | ||||||
Matas A/S |
10,988 | 97,594 | ||||||
Netcompany Group A/S (a) |
7,500 | 250,040 | ||||||
Nilfisk Holding A/S (a) |
7,976 | 138,491 | ||||||
NKT A/S (a) |
9,347 | 438,806 | ||||||
NNIT A/S (a) (d) |
2,656 | 18,376 | ||||||
North Media A/S |
679 | 5,908 | ||||||
NTG Nordic Transport Group A/S (a) (d) |
2,706 | 67,170 | ||||||
Parken Sport & Entertainment A/S (a) |
2,351 | 22,541 | ||||||
PER Aarsleff Holding A/S |
5,304 | 130,238 | ||||||
Ringkjoebing Landbobank A/S |
8,462 | 896,592 | ||||||
Royal Unibrew A/S |
13,170 | 852,324 | ||||||
RTX A/S (a) (d) |
2,486 | 37,548 | ||||||
Scandinavian Tobacco Group A/S - Class A |
18,965 | 273,642 | ||||||
Schouw & Co. A/S |
3,973 | 231,870 | ||||||
SimCorp A/S |
10,560 | 591,165 | ||||||
Solar A/S - B Shares |
1,807 | 117,989 | ||||||
SP Group A/S |
716 | 19,794 | ||||||
Spar Nord Bank A/S |
26,418 | 294,365 | ||||||
Sparekassen Sjaelland-Fyn A/S |
1,358 | 27,355 | ||||||
Sydbank A/S |
17,865 | 489,110 | ||||||
TCM Group A/S |
502 | 4,374 | ||||||
Tivoli A/S (a) |
844 | 78,028 | ||||||
Topdanmark A/S |
11,821 | 552,724 | ||||||
UIE plc |
6,060 | 151,091 |
BHFTII-71
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Denmark(Continued) | ||||||||
Vestjysk Bank A/S (a) |
23,730 | $ | 9,330 | |||||
Zealand Pharma A/S (a) |
8,489 | 191,404 | ||||||
|
|
|||||||
10,678,184 | ||||||||
|
|
|||||||
Faeroe Islands0.0% | ||||||||
BankNordik P/F |
1,109 | 17,203 | ||||||
|
|
|||||||
Finland2.1% | ||||||||
Aktia Bank Oyj |
15,788 | 149,392 | ||||||
Alma Media Oyj |
11,899 | 92,536 | ||||||
Anora Group Oyj |
1,398 | 9,258 | ||||||
Apetit Oyj |
1,205 | 11,925 | ||||||
Aspo Oyj |
7,386 | 53,400 | ||||||
Atria Oyj |
3,290 | 28,727 | ||||||
Bittium Oyj (d) |
8,034 | 29,257 | ||||||
Cargotec Oyj - B Shares |
10,991 | 330,879 | ||||||
Caverion Oyj |
25,551 | 107,150 | ||||||
Citycon Oyj (a)(d) |
21,486 | 134,611 | ||||||
Digia Oyj |
6,625 | 38,165 | ||||||
Enento Group Oyj (a) |
3,892 | 79,321 | ||||||
eQ Oyj (a) |
382 | 8,592 | ||||||
F-Secure Oyj (a) |
26,373 | 63,095 | ||||||
Finnair Oyj (a) |
272,008 | 94,144 | ||||||
Fiskars Oyj Abp |
6,971 | 101,114 | ||||||
Harvia Oyj |
2,955 | 40,424 | ||||||
HKScan Oyj - A Shares |
6,704 | 6,509 | ||||||
Huhtamaki Oyj |
26,983 | 860,199 | ||||||
Ilkka Oyj |
5,725 | 19,094 | ||||||
Kamux Corp. (d) |
4,328 | 22,347 | ||||||
Kemira Oyj |
28,960 | 319,191 | ||||||
Kojamo Oyj |
26,601 | 338,066 | ||||||
Konecranes Oyj |
16,247 | 321,884 | ||||||
Lassila & Tikanoja Oyj |
8,464 | 82,259 | ||||||
Marimekko Oyj |
1,890 | 16,035 | ||||||
Metsa Board Oyj - Class B |
52,211 | 377,811 | ||||||
Multitude SE (a) |
2,093 | 4,575 | ||||||
Musti Group Oyj (a) |
5,196 | 90,003 | ||||||
Nokian Renkaat Oyj |
35,666 | 342,399 | ||||||
Olvi Oyj - A Shares |
5,028 | 155,126 | ||||||
Oriola Oyj - A Shares |
4,196 | 7,559 | ||||||
Oriola-KD Oyj - B Shares |
38,525 | 67,413 | ||||||
Orion Oyj - Class A |
7,619 | 324,599 | ||||||
Orion Oyj - Class B |
26,553 | 1,119,182 | ||||||
Outokumpu Oyj |
102,277 | 351,766 | ||||||
Ponsse Oyj |
3,208 | 77,712 | ||||||
QT Group Oyj (a)(d) |
2,738 | 103,294 | ||||||
Raisio Oyj - V Shares |
35,039 | 64,677 | ||||||
Rapala VMC Oyj |
8,902 | 38,251 | ||||||
Revenio Group Oyj |
5,309 | 197,240 | ||||||
Sanoma Oyj |
25,537 | 305,511 | ||||||
Stockmann Oyj Abp - B Shares (a) |
3,752 | 7,689 | ||||||
Talenom Oyj |
2,085 | 18,011 | ||||||
Teleste Oyj |
2,149 | 6,991 | ||||||
Terveystalo Oyj |
14,772 | 119,493 | ||||||
TietoEVRY Oyj |
22,579 | 509,253 | ||||||
Tokmanni Group Corp. |
13,877 | 151,057 | ||||||
Uponor Oyj |
17,933 | 235,458 | ||||||
Vaisala Oyj - A Shares |
5,709 | 209,615 | ||||||
Valmet Oyj |
48,366 | 975,442 | ||||||
Wartsila Oyj Abp (d) |
77,869 | 496,110 | ||||||
WithSecure Oyj (a) |
26,373 | 41,380 | ||||||
YIT Oyj |
39,980 | 112,388 | ||||||
|
|
|||||||
9,867,579 | ||||||||
|
|
|||||||
France4.3% | ||||||||
ABC Arbitrage |
2,865 | 17,940 | ||||||
AKWEL |
3,301 | 47,431 | ||||||
ALD S.A. (d) |
20,898 | 191,428 | ||||||
Altamir |
8,530 | 190,898 | ||||||
Alten S.A. |
5,757 | 630,311 | ||||||
Assystem S.A. (d) |
2,720 | 94,042 | ||||||
Atos SE (a) |
2,603 | 20,380 | ||||||
Aubay |
2,423 | 103,525 | ||||||
Axway Software S.A. |
2,132 | 35,219 | ||||||
Bastide le Confort Medical |
1,345 | 37,676 | ||||||
Beneteau S.A. |
15,076 | 154,584 | ||||||
Bigben Interactive (d) |
4,507 | 45,982 | ||||||
Boiron S.A. |
1,869 | 80,889 | ||||||
Bonduelle SCA |
6,411 | 70,742 | ||||||
Burelle S.A. |
101 | 44,868 | ||||||
Casino Guichard Perrachon S.A. (a) (d) |
6,946 | 64,689 | ||||||
Catana Group |
2,793 | 15,119 | ||||||
Catering International Services (d) |
541 | 4,607 | ||||||
CBo Territoria |
2,864 | 9,823 | ||||||
Cegedim S.A. (d) |
2,295 | 32,045 | ||||||
CGG S.A. (a) |
189,243 | 130,919 | ||||||
Chargeurs S.A. (d) |
7,153 | 82,499 | ||||||
Cie des Alpes (a) |
8,244 | 99,275 | ||||||
Cie Plastic Omnium S.A. |
18,690 | 243,715 | ||||||
Coface S.A. (a) |
31,535 | 301,346 | ||||||
Derichebourg S.A. |
33,761 | 133,923 | ||||||
Ekinops SAS (a) |
1,670 | 10,301 | ||||||
Electricite de Strasbourg S.A. |
329 | 29,171 | ||||||
Elior Group S.A. (a) (d) |
35,740 | 64,448 | ||||||
Elis S.A. |
49,613 | 499,911 | ||||||
Equasens |
582 | 34,644 | ||||||
Eramet S.A. |
3,022 | 238,738 | ||||||
Esso S.A. Francaise (a) (d) |
1,341 | 58,491 | ||||||
Etablissements Maurel et Prom |
12,067 | 46,895 | ||||||
Eurazeo S.E. |
9,383 | 489,925 | ||||||
Eutelsat Communications S.A. |
57,002 | 441,232 | ||||||
Exel Industries - A Shares (d) |
618 | 21,182 | ||||||
Faurecia SE (a) |
29,253 | 312,543 | ||||||
Fnac Darty S.A. (d) |
6,777 | 186,923 | ||||||
Gaztransport Et Technigaz S.A. |
5,849 | 647,106 | ||||||
GEA (d) |
165 | 12,898 | ||||||
Genfit (a) |
3,254 | 12,074 | ||||||
GL Events (a) |
4,217 | 61,120 | ||||||
Groupe Crit |
1,062 | 58,254 | ||||||
Groupe Gorge S.A. (a) |
395 | 6,489 | ||||||
Guerbet |
2,188 | 34,424 | ||||||
Guillemot Corp. (d) |
770 | 9,102 |
BHFTII-72
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
France(Continued) | ||||||||
Haulotte Group S.A. |
5,337 | $ | 13,905 | |||||
HEXAOM (d) |
1,526 | 24,968 | ||||||
ID Logistics Group (a) |
796 | 195,349 | ||||||
Imerys S.A. |
7,588 | 229,229 | ||||||
Infotel S.A. (d) |
342 | 16,057 | ||||||
IPSOS |
13,160 | 585,550 | ||||||
Jacquet Metals S.A. |
5,978 | 74,350 | ||||||
JCDecaux S.A. (a) |
13,978 | 164,572 | ||||||
Kaufman & Broad S.A. |
5,175 | 101,442 | ||||||
Korian S.A. |
24,916 | 253,614 | ||||||
Laurent-Perrier |
1,255 | 118,059 | ||||||
Lectra |
5,454 | 151,500 | ||||||
Linedata Services |
1,348 | 45,786 | ||||||
LISI |
7,422 | 129,625 | ||||||
LNA Sante S.A. |
1,534 | 43,415 | ||||||
Lumibird (a) |
562 | 8,198 | ||||||
Maisons du Monde S.A. |
13,951 | 108,706 | ||||||
Manitou BF S.A. |
3,893 | 62,254 | ||||||
Manutan International |
589 | 34,613 | ||||||
Mersen S.A. |
6,354 | 175,584 | ||||||
Metropole Television S.A. |
8,342 | 100,923 | ||||||
Nacon S.A. (a)(d) |
2,027 | 8,069 | ||||||
Neoen S.A. (144A) (d) |
2,023 | 67,325 | ||||||
Neurones |
382 | 11,888 | ||||||
Nexans S.A. |
10,012 | 886,486 | ||||||
Nexity S.A. |
12,995 | 262,111 | ||||||
Nicox (a)(d) |
1,834 | 3,097 | ||||||
NRJ Group |
9,690 | 59,468 | ||||||
Oeneo S.A. (d) |
3,143 | 45,268 | ||||||
OL Groupe S.A. (a) |
3,273 | 9,020 | ||||||
Onxeo S.A. (a) |
4,566 | 1,043 | ||||||
Orpea S.A. (a)(d) |
4,040 | 43,767 | ||||||
Plastiques Du Val De Loire (d) |
1,576 | 5,600 | ||||||
Prodways Group S.A. (a) |
592 | 1,840 | ||||||
Quadient S.A. |
15,239 | 210,658 | ||||||
Rallye S.A. (a)(d) |
9,791 | 25,303 | ||||||
Recylex S.A. (a)(b)(c)(d) |
3,335 | 1,133 | ||||||
Rexel S.A. (a) |
81,149 | 1,206,976 | ||||||
Robertet S.A. |
35 | 28,061 | ||||||
Rothschild & Co. |
8,416 | 275,399 | ||||||
Rubis SCA |
22,814 | 472,122 | ||||||
Samse S.A. (d) |
107 | 17,746 | ||||||
Savencia S.A. |
1,728 | 86,337 | ||||||
SCOR SE |
40,311 | 584,065 | ||||||
SEB S.A. |
732 | 45,913 | ||||||
Seche Environnement S.A. |
1,380 | 102,278 | ||||||
Societe BIC S.A. |
7,557 | 480,076 | ||||||
Societe LDC S.A. |
211 | 19,188 | ||||||
Societe pour lInformatique Industrielle (d) |
1,887 | 79,526 | ||||||
Soitec (a) |
6,029 | 684,863 | ||||||
Solocal Group (a)(d) |
33,527 | 25,439 | ||||||
Somfy S.A. |
2,415 | 225,150 | ||||||
Sopra Steria Group SACA |
4,903 | 617,701 | ||||||
SPIE S.A. |
34,853 | 728,361 | ||||||
STEF S.A. |
1,145 | 83,426 | ||||||
Sword Group |
1,364 | 48,638 | ||||||
Synergie SE |
3,366 | 78,300 | ||||||
Technicolor Creative Studios S.A. (a) |
29,526 | 56,427 | ||||||
Technip Energies NV |
27,509 | 311,287 | ||||||
Television Francaise 1 |
17,932 | 102,684 | ||||||
Thermador Groupe |
2,148 | 142,497 | ||||||
Tikehau Capital SCA (d) |
7,508 | 181,901 | ||||||
Totalenergies EP Gabon |
324 | 47,349 | ||||||
Trigano S.A. |
2,956 | 259,324 | ||||||
UBISOFT Entertainment S.A. (a) |
18,776 | 515,490 | ||||||
Union Financiere de France BQE S.A. |
1,257 | 15,797 | ||||||
Valeo |
49,990 | 751,368 | ||||||
Vallourec S.A. (a) |
36,022 | 347,229 | ||||||
Vantiva S.A. (a) |
29,526 | 29,470 | ||||||
Verallia S.A. |
13,105 | 293,804 | ||||||
Vetoquinol S.A. |
1,124 | 87,249 | ||||||
Vicat S.A. |
7,909 | 177,714 | ||||||
VIEL & Cie S.A. (d) |
4,205 | 23,341 | ||||||
Vilmorin & Cie S.A. |
2,655 | 104,014 | ||||||
Virbac S.A. |
1,006 | 261,373 | ||||||
Voltalia S.A. (a) |
1,206 | 21,147 | ||||||
Vranken-Pommery Monopole S.A. |
958 | 15,115 | ||||||
Wavestone |
1,052 | 45,114 | ||||||
|
|
|||||||
20,118,780 | ||||||||
|
|
|||||||
Georgia0.1% | ||||||||
Bank of Georgia Group plc |
13,336 | 292,612 | ||||||
|
|
|||||||
Germany5.5% | ||||||||
1&1 AG |
13,083 | 173,936 | ||||||
7C Solarparken AG |
12,415 | 56,168 | ||||||
Aareal Bank AG (a) |
21,487 | 678,231 | ||||||
Adesso SE |
561 | 56,849 | ||||||
AIXTRON SE |
18,838 | 455,517 | ||||||
All for One Steeb AG (d) |
498 | 21,819 | ||||||
Allgeier SE |
2,942 | 77,576 | ||||||
Amadeus Fire AG |
779 | 64,256 | ||||||
Atoss Software AG |
1,110 | 123,827 | ||||||
Aurubis AG |
10,200 | 538,823 | ||||||
Auto1 Group SE (144A) (a) |
1,254 | 7,892 | ||||||
Basler AG (d) |
3,660 | 83,419 | ||||||
Bauer AG (a) |
4,513 | 28,286 | ||||||
BayWa AG (d) |
5,509 | 221,037 | ||||||
BayWa AG |
305 | 15,521 | ||||||
Bechtle AG |
15,337 | 558,025 | ||||||
Bertrandt AG |
2,127 | 69,940 | ||||||
bet-at-home.com AG (a) (d) |
1,222 | 5,351 | ||||||
Bijou Brigitte AG (a) |
1,603 | 48,048 | ||||||
Bilfinger SE (d) |
10,033 | 253,336 | ||||||
Borussia Dortmund GmbH & Co. KGaA (a) (d) |
26,685 | 86,830 | ||||||
CANCOM SE |
10,426 | 248,540 | ||||||
CECONOMY AG (d) |
47,148 | 55,370 | ||||||
CENIT AG (d) |
3,413 | 43,114 | ||||||
Cewe Stiftung & Co. KGaA |
1,828 | 132,604 | ||||||
CompuGroup Medical SE & Co KgaA |
7,186 | 249,029 | ||||||
CropEnergies AG |
9,235 | 111,050 | ||||||
CTS Eventim AG & Co. KGaA (a) |
10,155 | 423,243 | ||||||
Data Modul AG |
138 | 7,168 |
BHFTII-73
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Germany(Continued) | ||||||||
Dermapharm Holding SE |
3,426 | $ | 125,372 | |||||
Deutsche Beteiligungs AG (d) |
4,577 | 96,652 | ||||||
Deutsche Lufthansa AG (a) |
9,110 | 52,550 | ||||||
Deutsche Pfandbriefbank AG |
45,896 | 317,778 | ||||||
Deutz AG |
40,985 | 127,746 | ||||||
DIC Asset AG |
15,921 | 120,937 | ||||||
DMG Mori AG (d) |
344 | 13,815 | ||||||
Dr. Hoenle AG (d) |
2,084 | 29,610 | ||||||
Draegerwerk AG & Co. KGaA |
1,062 | 39,080 | ||||||
Duerr AG |
15,842 | 331,728 | ||||||
Eckert & Ziegler AG |
4,645 | 155,275 | ||||||
Elmos Semiconductor SE |
915 | 34,721 | ||||||
ElringKlinger AG |
8,918 | 51,770 | ||||||
Encavis AG |
28,569 | 518,545 | ||||||
Energiekontor AG |
1,621 | 132,782 | ||||||
EuroEyes International Eye Clinic, Ltd. |
10,000 | 5,713 | ||||||
Evotec SE (a) |
13,405 | 235,823 | ||||||
Fielmann AG |
6,684 | 215,515 | ||||||
First Sensor AG |
78 | 4,437 | ||||||
Flatexdegiro AG (a) |
7,334 | 66,253 | ||||||
FORTEC Elektronik AG |
253 | 5,044 | ||||||
Fraport AG Frankfurt Airport Services Worldwide (a) |
7,897 | 286,897 | ||||||
Freenet AG |
42,208 | 805,263 | ||||||
Fuchs Petrolub SE |
7,604 | 168,231 | ||||||
GEA Group AG |
6,915 | 226,123 | ||||||
Gerresheimer AG (d) |
9,767 | 479,623 | ||||||
Gesco AG |
2,953 | 63,189 | ||||||
GFT Technologies SE |
5,130 | 154,598 | ||||||
GK Software SE (a) (d) |
80 | 8,524 | ||||||
Grammer AG (a)(d) |
706 | 5,448 | ||||||
Grand City Properties S.A. |
31,748 | 316,689 | ||||||
GRENKE AG (d) |
659 | 12,037 | ||||||
H&R GmbH & Co. KGaA (a) (d) |
4,195 | 23,303 | ||||||
Hamburger Hafen und Logistik AG (d) |
8,624 | 94,117 | ||||||
Hawesko Holding AG |
223 | 7,571 | ||||||
Heidelberger Druckmaschinen AG (a) (d) |
100,140 | 114,102 | ||||||
Hensoldt AG |
7,282 | 146,261 | ||||||
HOCHTIEF AG |
5,067 | 242,013 | ||||||
Hornbach Holding AG & Co. KGaA |
3,220 | 203,042 | ||||||
Hugo Boss AG |
20,336 | 956,890 | ||||||
Hypoport SE (a) |
804 | 71,308 | ||||||
Indus Holding AG |
6,490 | 115,562 | ||||||
Instone Real Estate Group SE (d) |
9,568 | 79,644 | ||||||
IVU Traffic Technologies AG (d) |
1,432 | 17,840 | ||||||
Jenoptik AG |
16,935 | 334,892 | ||||||
JOST Werke AG |
2,840 | 98,632 | ||||||
K&S AG |
61,757 | 1,175,059 | ||||||
Kloeckner & Co. SE |
28,642 | 221,325 | ||||||
Koenig & Bauer AG (a) (d) |
4,373 | 48,731 | ||||||
Krones AG |
4,960 | 441,236 | ||||||
KSB SE & Co. KGaA |
82 | 28,048 | ||||||
KWS Saat SE & Co. KGaA |
3,725 | 206,773 | ||||||
LANXESS AG |
22,664 | 663,685 | ||||||
Leifheit AG |
2,964 | 38,594 | ||||||
Leoni AG (a) (d) |
12,471 | 75,074 | ||||||
Manz AG (a) (d) |
1,272 | 32,056 | ||||||
Medigene AG (a) (d) |
2,446 | 5,239 | ||||||
METRO AG (a) (d) |
25,342 | 177,846 | ||||||
MLP SE |
22,156 | 112,767 | ||||||
Nagarro SE (a) (d) |
2,942 | 261,118 | ||||||
New Work SE (d) |
895 | 107,139 | ||||||
Nexus AG |
5,374 | 251,404 | ||||||
Nordex SE (a) (d) |
38,188 | 304,716 | ||||||
Norma Group SE |
10,781 | 146,062 | ||||||
OHB SE (d) |
1,607 | 47,887 | ||||||
PATRIZIA SE |
16,379 | 169,255 | ||||||
Pfeiffer Vacuum Technology AG |
1,559 | 193,109 | ||||||
PNE Wind AG (d) |
13,868 | 239,232 | ||||||
Progress-Werk Oberkirch AG (d) |
822 | 19,122 | ||||||
ProSiebenSat.1 Media SE (d) |
59,262 | 425,105 | ||||||
PSI Software AG (d) |
4,019 | 77,303 | ||||||
PVA TePla AG (a) |
2,716 | 39,260 | ||||||
q.beyond AG (a) |
42,643 | 31,750 | ||||||
R Stahl AG (a) |
1,594 | 18,278 | ||||||
Rational AG |
123 | 60,076 | ||||||
Rheinmetall AG |
5,956 | 922,539 | ||||||
SAF-Holland SE |
18,418 | 110,490 | ||||||
Salzgitter AG (d) |
14,950 | 286,153 | ||||||
Scout24 SE |
16,569 | 839,608 | ||||||
Secunet Security Networks AG |
391 | 70,557 | ||||||
SGL Carbon SE (a) (d) |
8,945 | 52,536 | ||||||
Siltronic AG |
6,867 | 390,296 | ||||||
Sirius Real Estate, Ltd. |
202,692 | 159,866 | ||||||
Sixt SE |
4,289 | 343,786 | ||||||
SMA Solar Technology AG (a) |
3,992 | 187,258 | ||||||
Softing AG |
3,104 | 16,765 | ||||||
Software AG (d) |
17,469 | 403,692 | ||||||
Softwareone Holding AG (a) |
13,758 | 149,163 | ||||||
Stabilus SE |
6,982 | 309,090 | ||||||
STRATEC SE (d) |
1,553 | 124,181 | ||||||
Stroeer SE & Co. KGaA |
8,363 | 314,993 | ||||||
Suedzucker AG |
21,506 | 261,000 | ||||||
Surteco Group SE |
2,209 | 41,086 | ||||||
Suss Microtec SE |
6,216 | 60,211 | ||||||
Synlab AG |
1,181 | 14,633 | ||||||
TAG Immobilien AG |
52,366 | 421,877 | ||||||
Takkt AG (d) |
11,656 | 108,018 | ||||||
TeamViewer AG (a) |
33,024 | 259,075 | ||||||
Technotrans SE (d) |
2,573 | 62,800 | ||||||
ThyssenKrupp AG (a) |
85,010 | 363,226 | ||||||
Traffic Systems SE |
1,794 | 30,025 | ||||||
United Internet AG |
8,970 | 169,185 | ||||||
Varta AG (d) |
2,851 | 82,441 | ||||||
VERBIO Vereinigte BioEnergie AG |
9,187 | 541,768 | ||||||
Vitesco Technologies Group AG - Class A (a) |
1,680 | 82,302 | ||||||
Vossloh AG (d) |
3,384 | 103,495 | ||||||
Wacker Neuson SE |
10,321 | 136,029 | ||||||
Washtec AG |
3,673 | 116,502 | ||||||
Westwing Group SE (a) |
1,155 | 6,312 | ||||||
Wuestenrot & Wuerttembergische AG |
4,932 | 65,763 | ||||||
Zeal Network SE |
2,680 | 69,187 | ||||||
|
|
|||||||
25,900,907 | ||||||||
|
|
BHFTII-74
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Ghana0.1% | ||||||||
Tullow Oil plc (a) |
488,272 | $ | 229,602 | |||||
|
|
|||||||
Greece0.0% | ||||||||
Okeanis Eco Tankers Corp. (144A) (a)(d) |
983 | 13,488 | ||||||
|
|
|||||||
Greenland0.0% | ||||||||
Gronlandsbanken A/S |
140 | 10,966 | ||||||
|
|
|||||||
Guernsey, Channel Islands0.0% | ||||||||
Raven Property Group, Ltd. (a)(b)(c) |
112,611 | 0 | ||||||
|
|
|||||||
Hong Kong2.3% | ||||||||
Aceso Life Science Group, Ltd. (a) |
1,001,000 | 14,083 | ||||||
Aeon Credit Service Asia Co., Ltd. |
44,000 | 27,942 | ||||||
Aidigong Maternal & Child Health, Ltd. (a) (d) |
180,000 | 10,058 | ||||||
Allied Group, Ltd. |
382,000 | 85,650 | ||||||
APAC Resources, Ltd. |
84,990 | 11,260 | ||||||
Apollo Future Mobility Group, Ltd. (a) (d) |
348,000 | 9,764 | ||||||
Applied Development Holdings, Ltd. (a) |
390,000 | 4,731 | ||||||
Asia Financial Holdings, Ltd. |
88,000 | 37,220 | ||||||
Asia Standard International Group, Ltd. (a) |
296,000 | 16,304 | ||||||
Asiasec Properties, Ltd. (a) |
88,000 | 4,092 | ||||||
ASMPT, Ltd. (d) |
62,100 | 373,836 | ||||||
Associated International Hotels, Ltd. |
14,000 | 17,871 | ||||||
Bank of East Asia, Ltd. (The) |
79,023 | 86,257 | ||||||
Bel Global Resources Holdings, Ltd. (a) (b) (c) |
520,000 | 0 | ||||||
BOCOM International Holdings Co., Ltd. |
117,000 | 6,409 | ||||||
Brightoil Petroleum Holdings, Ltd. (b) (c) |
591,000 | 21,179 | ||||||
Build King Holdings, Ltd. |
160,000 | 13,453 | ||||||
Burwill Holdings, Ltd. (b) (c) |
1,566,000 | 2,653 | ||||||
C-Mer Eye Care Holdings, Ltd. (a) (d) |
74,000 | 32,329 | ||||||
Cadeler A/S (a) (d) |
3,200 | 9,819 | ||||||
Cafe de Coral Holdings, Ltd. |
106,000 | 131,081 | ||||||
Century City International Holdings, Ltd. (a) |
616,000 | 22,715 | ||||||
Chen Hsong Holdings |
150,000 | 31,770 | ||||||
Cheuk Nang Holdings, Ltd. |
108,566 | 29,483 | ||||||
Chevalier International Holdings, Ltd. |
75,139 | 69,973 | ||||||
China Baoli Technologies Holdings, Ltd. (a) |
28,500 | 305 | ||||||
China Best Group Holding, Ltd. (a) |
45,000 | 3,591 | ||||||
China Energy Development Holdings, Ltd. (a) |
3,376,000 | 61,984 | ||||||
China Motor Bus Co., Ltd. |
4,800 | 45,809 | ||||||
China Solar (b) (c) |
162,000 | 697 | ||||||
China Star Entertainment, Ltd. (a) |
378,000 | 38,332 | ||||||
China Strategic Holdings, Ltd. (a) |
4,927,500 | 16,320 | ||||||
China Tonghai International Financial, Ltd. (a) |
180,000 | 4,311 | ||||||
Chinese Estates Holdings, Ltd. (a) (d) |
151,000 | 39,550 | ||||||
Chinney Investment, Ltd. |
8,000 | 1,254 | ||||||
Chow Sang Sang Holdings International, Ltd. |
111,000 | 112,845 | ||||||
Chuangs China Investments, Ltd. |
511,500 | 18,247 | ||||||
Chuangs Consortium International, Ltd. |
382,357 | 37,994 | ||||||
CK Life Sciences International Holdings, Inc. (d) |
304,000 | 23,859 | ||||||
CMBC Capital Holdings, Ltd. (d) |
19,000 | 4,512 | ||||||
CNT Group, Ltd. |
246,000 | 11,909 | ||||||
Convenience Retail Asia, Ltd. |
36,000 | 3,761 | ||||||
Convoy Global Holdings (b) (c) |
1,314,000 | 5,240 | ||||||
Cowell e Holdings, Inc. (a) (d) |
39,000 | 56,878 | ||||||
Crystal International Group, Ltd. |
29,500 | 9,277 | ||||||
CSI Properties, Ltd. |
2,274,023 | 41,469 | ||||||
Dah Sing Banking Group, Ltd. |
139,071 | 91,620 | ||||||
Dah Sing Financial Holdings, Ltd. |
45,460 | 103,129 | ||||||
Dickson Concepts International, Ltd. |
87,500 | 38,919 | ||||||
DMX Technologies Group, Ltd. (a) (b) (c) |
186,000 | 0 | ||||||
Dynamic Holdings, Ltd. |
20,000 | 20,383 | ||||||
Eagle Nice International Holdings, Ltd. |
80,000 | 44,333 | ||||||
EC Healthcare |
59,000 | 36,582 | ||||||
EcoGreen International Group, Ltd. (a) (b) (c) |
118,800 | 21,567 | ||||||
Emperor Capital Group, Ltd. (a) |
984,000 | 6,606 | ||||||
Emperor Entertainment Hotel, Ltd. |
235,000 | 14,335 | ||||||
Emperor International Holdings, Ltd. |
529,250 | 41,043 | ||||||
Emperor Watch & Jewellery, Ltd. |
1,520,000 | 24,979 | ||||||
Energy Development (a) (b) (c) |
92,000 | 0 | ||||||
Energy International Investments Holdings, Ltd. (a) |
58,000 | 2,744 | ||||||
ENM Holdings, Ltd. (a) |
412,000 | 24,037 | ||||||
Esprit Holdings, Ltd. (a) (d) |
889,275 | 83,576 | ||||||
Fairwood Holdings, Ltd. |
26,500 | 33,426 | ||||||
Far East Consortium International, Ltd. (d) |
436,442 | 97,745 | ||||||
First Pacific Co., Ltd. |
674,000 | 204,916 | ||||||
Fosun Tourism Group (a) (d) |
14,400 | 13,344 | ||||||
G-Resources Group, Ltd. (d) |
123,180 | 25,735 | ||||||
Genting Hong Kong, Ltd. (a) (b) (c) |
327,000 | 6,482 | ||||||
Get Nice Financial Group, Ltd. |
104,000 | 9,142 | ||||||
Giordano International, Ltd. |
446,000 | 79,545 | ||||||
Glorious Sun Enterprises, Ltd. |
393,000 | 36,408 | ||||||
Gold Finance Holdings, Ltd. (a) (b) (c) |
214,000 | 0 | ||||||
Gold Peak Technology Group Ltd. (a) |
277,714 | 20,515 | ||||||
Golden Resources Development International, Ltd. |
370,000 | 21,437 | ||||||
Good Resources Holdings, Ltd. (b) (c) |
420,000 | 851 | ||||||
GR Properties, Ltd. (a) |
82,000 | 10,871 | ||||||
Great Eagle Holdings, Ltd. (d) |
59,491 | 110,901 | ||||||
Guoco Group, Ltd. |
1,000 | 8,593 | ||||||
Haitong International Securities Group, Ltd. (a) (d) |
809,117 | 68,738 | ||||||
Hang Lung Group, Ltd. |
209,000 | 337,266 | ||||||
Hanison Construction Holdings, Ltd. |
148,009 | 21,608 | ||||||
Harbour Centre Development, Ltd. (a) |
88,000 | 76,233 | ||||||
HKBN, Ltd. (d) |
167,500 | 129,905 | ||||||
HKR International, Ltd. |
343,680 | 97,107 | ||||||
Hon Kwok Land Investment Co., Ltd. |
140,000 | 39,237 | ||||||
Hong Kong Economic Times Holdings, Ltd. |
50,000 | 6,816 | ||||||
Hong Kong Ferry Holdings Co., Ltd. |
39,000 | 31,923 | ||||||
Hong Kong Technology Venture Co., Ltd, (d) |
96,000 | 58,466 | ||||||
Hongkong & Shanghai Hotels (The) (a) |
110,902 | 95,887 | ||||||
Hongkong Chinese, Ltd. |
510,000 | 36,384 | ||||||
Hsin Chong Group Holdings, Ltd. (a) (b) (c) |
918,000 | 0 | ||||||
Hung Hing Printing Group, Ltd. |
252,000 | 32,103 | ||||||
Huobi Technology Holdings, Ltd. (a) |
10,500 | 4,968 | ||||||
Hutchison Port Holdings Trust - Class U |
1,123,200 | 206,003 | ||||||
Hutchison Telecommunications Hong Kong Holdings, Ltd. |
526,000 | 76,977 | ||||||
Hypebeast, Ltd. (a) |
127,500 | 9,505 | ||||||
Hysan Development Co., Ltd. |
153,000 | 385,299 | ||||||
Imagi International Holdings, Ltd. (a) |
90,112 | 3,157 | ||||||
International Housewares Retail Co., Ltd. |
134,000 | 48,391 | ||||||
IPE Group, Ltd. (a) |
285,000 | 23,600 | ||||||
IRC, Ltd. (a) |
936,000 | 13,689 | ||||||
ITC Properties Group, Ltd. |
182,746 | 22,277 |
BHFTII-75
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Hong Kong(Continued) | ||||||||
Jacobson Pharma Corp., Ltd. |
90,000 | $ | 9,860 | |||||
Johnson Electric Holdings, Ltd. |
108,873 | 108,286 | ||||||
K Wah International Holdings, Ltd. |
172,000 | 53,417 | ||||||
Kader Holdings Co., Ltd. (a) |
104,000 | 4,968 | ||||||
Karrie International Holdings, Ltd. |
140,000 | 23,186 | ||||||
Keck Seng Investments Hong Kong, Ltd. |
72,000 | 19,812 | ||||||
Kerry Logistics Network, Ltd. (d) |
147,500 | 235,635 | ||||||
Kerry Properties, Ltd. (d) |
148,000 | 279,576 | ||||||
Kingmaker Footwear Holdings, Ltd. |
102,000 | 12,058 | ||||||
Kingston Financial Group, Ltd. (a) |
162,000 | 4,293 | ||||||
Kowloon Development Co., Ltd. |
124,000 | 143,278 | ||||||
Lai Sun Development Co., Ltd. (a) |
111,919 | 54,179 | ||||||
Lai Sun Garment International, Ltd. (a) |
129,756 | 65,294 | ||||||
Lam Soon Hong Kong, Ltd. |
15,000 | 18,874 | ||||||
Landing International Development, Ltd. (a) |
310,800 | 6,731 | ||||||
Landsea Green Management, Ltd. (a) |
268,000 | 5,292 | ||||||
Langham Hospitality Investments and Langham Hospitality Investments, Ltd. |
207,000 | 20,648 | ||||||
Lerthai Group (a) (b) (c) |
18,000 | 0 | ||||||
Lifestyle International Holdings, Ltd. (a) (d) |
134,500 | 77,759 | ||||||
Lippo China Resources, Ltd. |
2,106,000 | 36,604 | ||||||
Lippo, Ltd. |
122,000 | 43,362 | ||||||
Liu Chong Hing Investment, Ltd. |
78,000 | 66,479 | ||||||
Luk Fook Holdings International, Ltd. |
118,000 | 276,710 | ||||||
Lung Kee Bermuda Holdings |
90,000 | 25,912 | ||||||
Magnificent Hotel Investment, Ltd. (a) |
1,310,000 | 15,868 | ||||||
Man Wah Holdings, Ltd. (d) |
319,600 | 201,822 | ||||||
Mandarin Oriental International, Ltd. (a) |
67,000 | 124,559 | ||||||
Mason Group Holdings, Ltd. (a) |
7,685,000 | 23,602 | ||||||
Matrix Holdings, Ltd. |
36,000 | 12,795 | ||||||
Melco International Development, Ltd. (a) |
165,000 | 127,052 | ||||||
MH Development, Ltd. (a) (b) (c) |
124,000 | 0 | ||||||
Midland Holdings, Ltd. (a) |
178,010 | 12,661 | ||||||
Miramar Hotel & Investment |
51,000 | 77,880 | ||||||
Modern Dental Group, Ltd. |
79,000 | 17,670 | ||||||
Nameson Holdings, Ltd. |
130,000 | 6,446 | ||||||
National Electronic Holdings, Ltd. |
182,600 | 23,262 | ||||||
Newocean Energy Holdings, Ltd. (a)(b) (c) |
398,000 | 1,486 | ||||||
Nissin Foods Co., Ltd. |
47,000 | 36,612 | ||||||
NWS Holdings, Ltd. |
279,000 | 251,979 | ||||||
Oriental Watch Holdings |
120,484 | 57,712 | ||||||
Oshidori International Holdings, Ltd. (a) (d) |
1,068,000 | 36,713 | ||||||
Pacific Andes International Holdings, Ltd. (b) (c) |
1,819,984 | 6,353 | ||||||
Pacific Basin Shipping, Ltd. |
1,337,000 | 414,113 | ||||||
Pacific Century Premium Developments, Ltd. (a) |
49,788 | 2,145 | ||||||
Pacific Textiles Holdings, Ltd. |
266,000 | 82,976 | ||||||
Paliburg Holdings, Ltd. (a) |
208,000 | 47,223 | ||||||
Paradise Entertainment, Ltd. (a) |
168,000 | 14,183 | ||||||
PC Partner Group, Ltd. (d) |
54,000 | 29,136 | ||||||
PCCW, Ltd. |
576,582 | 260,471 | ||||||
Perfect Medical Health Management, Ltd. (d) |
108,000 | 45,807 | ||||||
Pico Far East Holdings, Ltd. |
318,000 | 43,200 | ||||||
Playmates Holdings, Ltd. |
460,000 | 38,091 | ||||||
PT International Development Co., Ltd. (a) |
186,000 | 4,661 | ||||||
Public Financial Holdings, Ltd. |
166,000 | 45,849 | ||||||
Realord Group Holdings, Ltd. (a)(d) |
8,000 | 9,593 | ||||||
Regal Hotels International Holdings, Ltd. (a) |
126,000 | 47,031 | ||||||
Regina Miracle International Holdings, Ltd. |
71,000 | 39,627 | ||||||
Sa Sa International Holdings, Ltd. (a) |
96,000 | 13,296 | ||||||
Samson Holding, Ltd. |
146,000 | 6,696 | ||||||
SAS Dragon Holdings, Ltd. |
140,000 | 59,034 | ||||||
SEA Holdings, Ltd. (d) |
63,896 | 33,374 | ||||||
Shangri-La Asia, Ltd. (a) |
234,000 | 162,376 | ||||||
Shun Ho Property Investments, Ltd. (a) |
21,615 | 2,781 | ||||||
Shun Tak Holdings, Ltd. (a) |
379,500 | 52,779 | ||||||
Singamas Container Holdings, Ltd. |
506,000 | 38,548 | ||||||
SmarTone Telecommunications Holdings, Ltd. |
124,888 | 65,360 | ||||||
Soundwill Holdings, Ltd. |
41,500 | 35,250 | ||||||
South China Holdings Co., Ltd. (a) |
1,240,000 | 7,425 | ||||||
Stella International Holdings, Ltd. |
141,000 | 139,823 | ||||||
Sun Hung Kai & Co., Ltd. |
153,440 | 55,274 | ||||||
SUNeVision Holdings, Ltd. |
176,000 | 93,055 | ||||||
TAI Cheung Holdings, Ltd. (d) |
192,000 | 98,221 | ||||||
Tan Chong International, Ltd. |
63,000 | 15,169 | ||||||
Tao Heung Holdings, Ltd. |
204,000 | 20,768 | ||||||
Television Broadcasts, Ltd. (a) (d) |
97,700 | 43,101 | ||||||
Texwinca Holdings, Ltd. |
300,000 | 40,455 | ||||||
Tradelink Electronic Commerce, Ltd. |
256,000 | 27,329 | ||||||
Transport International Holdings, Ltd. |
62,602 | 76,147 | ||||||
United Laboratories International Holdings, Ltd. (The) |
241,000 | 100,202 | ||||||
Upbest Group, Ltd. |
16,000 | 1,284 | ||||||
Value Partners Group, Ltd. |
215,000 | 50,836 | ||||||
Valuetronics Holdings, Ltd. |
89,790 | 32,651 | ||||||
Vedan International Holdings, Ltd. |
296,000 | 24,888 | ||||||
Vitasoy International Holdings, Ltd. (a) (d) |
162,000 | 201,347 | ||||||
VPower Group International Holdings, Ltd. (a) |
53,251 | 5,011 | ||||||
VSTECS Holdings, Ltd. |
231,200 | 128,344 | ||||||
VTech Holdings, Ltd. |
42,200 | 241,151 | ||||||
Wai Kee Holdings, Ltd. |
54,000 | 16,433 | ||||||
Wang On Group, Ltd. |
2,200,000 | 16,556 | ||||||
Wealthking Investments, Ltd. (a) |
284,000 | 15,376 | ||||||
Wing On Co. International, Ltd. |
46,000 | 83,214 | ||||||
Wing Tai Properties, Ltd. |
210,000 | 96,310 | ||||||
Yue Yuen Industrial Holdings, Ltd. |
164,000 | 209,760 | ||||||
Yunfeng Financial Group, Ltd. (a) |
34,000 | 4,495 | ||||||
Zhaobangji Properties Holdings, Ltd. (a) |
184,000 | 9,962 | ||||||
|
|
|||||||
10,742,251 | ||||||||
|
|
|||||||
India0.0% | ||||||||
Rhi Magnesita NV |
3,120 | 58,616 | ||||||
|
|
|||||||
Ireland0.6% | ||||||||
AIB Group plc |
22,853 | 55,042 | ||||||
Bank of Ireland Group plc |
218,440 | 1,396,377 | ||||||
C&C Group plc (a) |
120,783 | 201,379 | ||||||
Cairn Homes plc (a) |
135,193 | 108,575 | ||||||
COSMO Pharmaceuticals NV (d) |
1,257 | 58,530 | ||||||
Dalata Hotel Group plc (a) |
23,703 | 64,720 | ||||||
Datalex plc (a) |
624 | 336 | ||||||
FBD Holdings plc |
10,350 | 101,269 | ||||||
Glanbia plc |
51,475 | 591,222 | ||||||
Glenveagh Properties plc (a) |
89,923 | 78,354 | ||||||
Greencore Group plc (a) |
159,206 | 127,828 |
BHFTII-76
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Ireland(Continued) | ||||||||
Hostelworld Group plc (a) |
16,696 | $ | 13,726 | |||||
Irish Continental Group plc |
33,406 | 125,211 | ||||||
Keywords Studios plc |
2,267 | 57,814 | ||||||
Permanent TSB Group Holdings plc (a) |
15,086 | 23,202 | ||||||
|
|
|||||||
3,003,585 | ||||||||
|
|
|||||||
Isle of Man0.0% | ||||||||
Hansard Global plc |
2,566 | 1,013 | ||||||
Strix Group plc (d) |
23,629 | 32,499 | ||||||
|
|
|||||||
33,512 | ||||||||
|
|
|||||||
Israel 1.8% | ||||||||
Abra Information Technologies, Ltd. (a) |
7,868 | 8,751 | ||||||
Adgar Investment and Development, Ltd. |
11,788 | 20,892 | ||||||
Afcon Holdings, Ltd. |
771 | 38,502 | ||||||
AFI Properties, Ltd. |
3,584 | 127,560 | ||||||
Africa Israel Residences, Ltd. |
880 | 38,151 | ||||||
Airport City, Ltd. (a) |
1 | 8 | ||||||
Allot, Ltd. (a) |
10,216 | 38,891 | ||||||
Alrov Properties and Lodgings, Ltd. |
2,780 | 166,003 | ||||||
Arad, Ltd. |
2,224 | 27,165 | ||||||
Ashtrom Group, Ltd. |
10,987 | 230,361 | ||||||
AudioCodes, Ltd. |
1 | 14 | ||||||
AudioCodes, Ltd. (d) |
5,713 | 124,601 | ||||||
Aura Investments, Ltd. |
3,293 | 5,636 | ||||||
Avgol Industries 1953, Ltd. (a) |
27,883 | 17,325 | ||||||
Azorim-Investment Development & Construction Co., Ltd. |
31,528 | 108,508 | ||||||
Bet Shemesh Engines Holdings, Ltd. (a) |
2,139 | 50,506 | ||||||
BioLine RX, Ltd. (a) |
1 | 0 | ||||||
Blue Square Real Estate, Ltd. |
1,940 | 117,400 | ||||||
Camtek, Ltd. (a) |
810 | 18,594 | ||||||
Carasso Motors, Ltd. |
5,984 | 32,772 | ||||||
Cellcom Israel, Ltd. (a) |
24,928 | 125,986 | ||||||
Ceragon Networks, Ltd. (a) (d) |
14,799 | 27,230 | ||||||
Clal Insurance Enterprises Holdings, Ltd. (a) |
11,244 | 191,576 | ||||||
Compugen, Ltd. (a) |
1,588 | 1,199 | ||||||
Danel Adir Yeoshua, Ltd. |
1,759 | 184,336 | ||||||
Delek Automotive Systems, Ltd. |
12,832 | 173,600 | ||||||
Delek Group, Ltd. (a) |
1,931 | 305,739 | ||||||
Delta-Galil Industries, Ltd. |
3,185 | 146,486 | ||||||
Dor Alon Energy in Israel, Ltd. |
2,364 | 78,217 | ||||||
Duniec Brothers, Ltd. |
100 | 5,333 | ||||||
Electra Consumer Products 1970, Ltd. |
1,793 | 64,982 | ||||||
Electra Real Estate, Ltd. |
6,750 | 89,861 | ||||||
Electra, Ltd. |
338 | 188,846 | ||||||
Equital, Ltd. (a) |
8,953 | 262,348 | ||||||
FMS Enterprises Migun, Ltd. |
1,295 | 40,698 | ||||||
Formula Systems 1985, Ltd. |
3,277 | 265,288 | ||||||
Fox Wizel, Ltd. |
1,690 | 189,603 | ||||||
Gav-Yam Lands Corp., Ltd. |
18,811 | 154,889 | ||||||
Gilat Satellite Networks, Ltd. (a) |
9,844 | 51,589 | ||||||
Globrands, Ltd. |
93 | 9,860 | ||||||
Harel Insurance Investments & Financial Services, Ltd. |
24,867 | 218,253 | ||||||
Hilan, Ltd. |
4,492 | 239,699 | ||||||
IDI Insurance Co., Ltd. |
2,662 | 71,906 | ||||||
IES Holdings, Ltd. |
569 | 42,399 | ||||||
Ilex Medical, Ltd. |
959 | 22,021 | ||||||
Infinya Ltd. |
1,104 | 102,809 | ||||||
Inrom Construction Industries, Ltd. |
22,474 | 88,919 | ||||||
Isracard, Ltd. |
22,812 | 62,573 | ||||||
Israel Canada T.R., Ltd. |
30,064 | 100,284 | ||||||
Israel Land Development Co., Ltd. (The) |
3,950 | 54,060 | ||||||
Isras Investment Co., Ltd. |
541 | 98,802 | ||||||
Issta Lines, Ltd. |
1,175 | 30,318 | ||||||
Kamada, Ltd. (a) |
11,729 | 51,928 | ||||||
Kerur Holdings, Ltd. |
2,088 | 48,205 | ||||||
Klil Industries, Ltd. |
315 | 25,585 | ||||||
Lahav L.R. Real Estate, Ltd. |
7,734 | 8,818 | ||||||
Levinstein Properties, Ltd. |
1,208 | 30,642 | ||||||
M Yochananof & Sons, Ltd. |
586 | 33,468 | ||||||
Magic Software Enterprises, Ltd. |
9,462 | 146,425 | ||||||
Malam - Team, Ltd. |
3,350 | 73,001 | ||||||
Matrix IT, Ltd. |
10,787 | 243,630 | ||||||
Mediterranean Towers, Ltd. |
28,011 | 80,369 | ||||||
Mega Or Holdings, Ltd. |
4,941 | 144,280 | ||||||
Mehadrin, Ltd. (a) |
108 | 4,435 | ||||||
Meitav Dash Investments, Ltd. (a) |
8,613 | 32,241 | ||||||
Menora Mivtachim Holdings, Ltd. (a) |
8,846 | 170,215 | ||||||
Migdal Insurance & Financial Holding, Ltd. |
94,179 | 125,506 | ||||||
Mivtach Shamir Holdings, Ltd. |
1,966 | 46,312 | ||||||
Naphtha Israel Petroleum Corp., Ltd. (a) |
14,775 | 77,676 | ||||||
Nawi Brothers, Ltd. |
4,888 | 36,101 | ||||||
Neto Malinda Trading, Ltd. (a) |
783 | 24,089 | ||||||
Neto ME Holdings, Ltd. (a) |
788 | 33,369 | ||||||
Novolog, Ltd. |
43,939 | 36,427 | ||||||
NR Spuntech Industries, Ltd. (a) |
3,848 | 4,438 | ||||||
Oil Refineries, Ltd. |
418,554 | 142,684 | ||||||
One Software Technologies, Ltd. |
9,000 | 135,671 | ||||||
Partner Communications Co., Ltd. (a) |
36,424 | 262,650 | ||||||
Paz Oil Co., Ltd. (a) |
2,185 | 238,741 | ||||||
Perion Network, Ltd. (a) |
7,105 | 137,019 | ||||||
Plasson Industries, Ltd. |
1,078 | 51,328 | ||||||
Plus500, Ltd. |
25,321 | 462,606 | ||||||
Prashkovsky Investments and Construction, Ltd. |
569 | 15,989 | ||||||
Priortech, Ltd. (a) |
2,244 | 46,470 | ||||||
Rami Levi Chain Stores Hashikma Marketing, Ltd. |
2,198 | 157,724 | ||||||
Sano-Brunos Enterprises, Ltd. |
46 | 3,122 | ||||||
Scope Metals Group, Ltd. |
1,844 | 80,093 | ||||||
Shikun & Binui, Ltd. (a) |
6 | 24 | ||||||
Summit Real Estate Holdings, Ltd. |
8,001 | 111,554 | ||||||
Suny Cellular Communication, Ltd. |
16,495 | 8,324 | ||||||
Tadiran Group, Ltd. |
855 | 119,583 | ||||||
Tel Aviv Stock Exchange, Ltd. |
12,781 | 66,154 | ||||||
Telsys, Ltd. |
402 | 20,427 | ||||||
Tera Light, Ltd. (a) |
8,846 | 15,746 | ||||||
Tremor International, Ltd. (ADR) (a) (d) |
7,429 | 51,483 | ||||||
Victory Supermarket Chain, Ltd. (a) |
589 | 7,870 | ||||||
YH Dimri Construction & Development, Ltd. |
1,750 | 120,031 | ||||||
|
|
|||||||
8,593,802 | ||||||||
|
|
|||||||
Italy3.2% | ||||||||
A2A S.p.A. |
472,680 | 458,207 |
BHFTII-77
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Italy(Continued) | ||||||||
ACEA S.p.A. |
15,403 | $ | 167,044 | |||||
Aeffe S.p.A. (a) (d) |
11,359 | 12,249 | ||||||
Anima Holding S.p.A. |
92,515 | 262,302 | ||||||
Aquafil S.p.A. |
3,537 | 18,990 | ||||||
Arnoldo Mondadori Editore S.p.A. |
54,123 | 80,635 | ||||||
Ascopiave S.p.A. |
19,908 | 41,011 | ||||||
Autostrade Meridionali S.p.A. |
777 | 26,772 | ||||||
Avio S.p.A. (d) |
6,077 | 54,495 | ||||||
Azimut Holding S.p.A. |
33,841 | 481,642 | ||||||
Banca Farmafactoring S.p.A. |
34,051 | 225,795 | ||||||
Banca Generali S.p.A. |
19,702 | 545,059 | ||||||
Banca IFIS S.p.A. |
7,714 | 85,009 | ||||||
Banca Mediolanum S.p.A. |
47,767 | 299,171 | ||||||
Banca Popolare dellEmilia Romagna SC |
310,312 | 472,692 | ||||||
Banca Popolare di Sondrio SPA |
161,515 | 535,180 | ||||||
Banca Profilo S.p.A. (d) |
117,883 | 21,889 | ||||||
Banca Sistema S.p.A. |
13,168 | 17,667 | ||||||
Banco BPM S.p.A. |
456,529 | 1,187,083 | ||||||
Banco di Desio e della Brianza S.p.A. |
20,306 | 54,217 | ||||||
Be Shaping The Future S.p.A |
29,207 | 98,130 | ||||||
Brembo S.p.A. |
35,796 | 294,960 | ||||||
Brunello Cucinelli S.p.A. |
9,914 | 482,630 | ||||||
Buzzi Unicem S.p.A. |
30,531 | 432,864 | ||||||
Cairo Communication S.p.A. |
25,255 | 34,619 | ||||||
Carel Industries S.p.A. |
6,872 | 128,415 | ||||||
Cementir Holding NV |
18,579 | 101,554 | ||||||
CIR SpA-Compagnie Industriali (a) (d) |
315,684 | 121,886 | ||||||
Credito Emiliano S.p.A. |
23,832 | 134,267 | ||||||
dAmico International Shipping S.A. (a) |
115,150 | 26,683 | ||||||
Danieli & C Officine Meccaniche S.p.A. (d) |
4,407 | 74,446 | ||||||
DeLonghi S.p.A. |
17,430 | 254,957 | ||||||
DeA Capital S.p.A. |
32,300 | 31,721 | ||||||
doValue S.p.A. |
7,705 | 40,396 | ||||||
Elica S.p.A. (a) |
11,044 | 25,865 | ||||||
Emak S.p.A. |
23,063 | 20,113 | ||||||
Enav S.p.A. (a) |
19,304 | 70,321 | ||||||
ERG S.p.A. |
16,018 | 440,380 | ||||||
Esprinet S.p.A. |
12,105 | 73,105 | ||||||
Eurotech S.p.A. (a) (d) |
13,076 | 36,219 | ||||||
Fila S.p.A. |
3,057 | 20,882 | ||||||
Fincantieri S.p.A. (a) (d) |
93,136 | 42,166 | ||||||
FNM S.p.A. (a) |
55,327 | 22,900 | ||||||
Geox S.p.A. (a) (d) |
34,378 | 24,163 | ||||||
Gruppo MutuiOnline S.p.A. |
8,426 | 165,466 | ||||||
Hera S.p.A. |
272,570 | 576,690 | ||||||
Illimity Bank S.p.A. (a) |
12,140 | 81,458 | ||||||
IMMSI S.p.A. |
51,196 | 18,579 | ||||||
Interpump Group S.p.A. |
5,259 | 170,109 | ||||||
Iren S.p.A. |
217,068 | 285,442 | ||||||
Italgas S.p.A. |
151,950 | 706,316 | ||||||
Italmobiliare S.p.A. |
4,207 | 96,655 | ||||||
IVS Group S.A. (d) |
7,886 | 28,760 | ||||||
Juventus Football Club S.p.A. (a) (d) |
227,816 | 63,867 | ||||||
KME Group S.p.A. (a) (d) |
80,757 | 38,467 | ||||||
Leonardo S.p.A. |
109,842 | 777,320 | ||||||
LU-VE S.p.A. |
1,991 | 41,175 | ||||||
Maire Tecnimont S.p.A. (d) |
42,334 | 99,104 | ||||||
Openjobmetis S.p.A. agenzia per il lavoro |
1,209 | 8,841 | ||||||
OVS S.p.A. |
72,276 | 120,473 | ||||||
Pharmanutra S.p.A. |
826 | 53,388 | ||||||
Piaggio & C S.p.A. |
60,717 | 122,616 | ||||||
Pirelli & C S.p.A. |
101,331 | 329,708 | ||||||
Prima Industrie S.p.A. |
1,853 | 44,739 | ||||||
RAI Way S.p.A. |
24,727 | 113,232 | ||||||
Reply S.p.A. |
6,087 | 634,990 | ||||||
Rizzoli Corriere Della Sera Mediagroup S.p.A. |
39,016 | 25,032 | ||||||
Sabaf S.p.A. |
3,059 | 49,906 | ||||||
SAES Getters S.p.A. |
1,511 | 29,583 | ||||||
Safilo Group S.p.A. (a) |
12,212 | 15,206 | ||||||
Salvatore Ferragamo S.p.A. |
10,353 | 145,055 | ||||||
Saras S.p.A. (a) |
169,450 | 161,463 | ||||||
Sesa S.p.A. |
2,065 | 223,212 | ||||||
Sogefi S.p.A. (a) |
24,822 | 17,110 | ||||||
SOL S.p.A. |
11,001 | 168,177 | ||||||
Tamburi Investment Partners S.p.A. |
38,251 | 245,435 | ||||||
Technogym S.p.A. |
31,905 | 198,194 | ||||||
Tinexta S.p.A. |
6,919 | 127,831 | ||||||
Tods S.p.A. (a) |
3,369 | 138,159 | ||||||
TXT e-solutions S.p.A. (a) |
2,997 | 32,759 | ||||||
Uni Land S.p.A. (a) (b) (c) |
4,937 | 0 | ||||||
Unieuro S.p.A. (d) |
3,192 | 31,848 | ||||||
Unipol Gruppo S.p.A. |
133,549 | 517,042 | ||||||
UnipolSai Assicurazioni S.p.A. |
33,327 | 69,065 | ||||||
Webuild S.p.A. (d) |
70,140 | 85,442 | ||||||
Zignago Vetro S.p.A. |
6,769 | 73,145 | ||||||
|
|
|||||||
15,011,810 | ||||||||
|
|
|||||||
Japan25.5% | ||||||||
&Do Holdings Co., Ltd. |
1,400 | 8,331 | ||||||
77 Bank, Ltd. (The) (d) |
17,700 | 218,163 | ||||||
A&D HOLON Holdings Co., Ltd. |
6,000 | 33,910 | ||||||
A/S One Corp. |
5,300 | 218,019 | ||||||
Access Co., Ltd. (a) |
7,300 | 37,374 | ||||||
Achilles Corp. |
4,800 | 43,197 | ||||||
Ad-sol Nissin Corp. |
1,900 | 19,151 | ||||||
Adastria Co., Ltd. |
8,040 | 119,235 | ||||||
ADEKA Corp. (d) |
24,400 | 365,289 | ||||||
Adtec Plasma Technology Co., Ltd. |
600 | 5,868 | ||||||
Advan Group Co., Ltd. |
6,700 | 37,781 | ||||||
Advance Create Co., Ltd. (d) |
1,600 | 10,655 | ||||||
Advanced Media, Inc. (a) |
2,500 | 15,841 | ||||||
Adventure, Inc. |
600 | 49,691 | ||||||
Aeon Delight Co., Ltd. |
6,200 | 121,665 | ||||||
Aeon Fantasy Co., Ltd. |
2,400 | 57,557 | ||||||
AEON Financial Service Co., Ltd. |
7,200 | 71,378 | ||||||
Aeon Hokkaido Corp. |
4,800 | 37,537 | ||||||
Aeon Kyushu Co. Ltd. |
600 | 9,079 | ||||||
Aeria, Inc. |
2,200 | 7,008 | ||||||
AFC-HD AMS Life Science Co., Ltd. |
1,900 | 9,768 | ||||||
Agro-Kanesho Co., Ltd. (d) |
1,000 | 8,994 | ||||||
Ahresty Corp. |
9,200 | 22,957 | ||||||
Ai Holdings Corp. |
10,200 | 145,725 | ||||||
Aica Kogyo Co., Ltd. (d) |
13,000 | 281,726 |
BHFTII-78
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Japan(Continued) | ||||||||
Aichi Bank, Ltd. (The) (a) (b) (c) (d) |
2,600 | $ | 98,805 | |||||
Aichi Corp. |
10,800 | 58,594 | ||||||
Aichi Steel Corp. |
3,200 | 45,674 | ||||||
Aichi Tokei Denki Co., Ltd. |
3,000 | 28,687 | ||||||
Aida Engineering, Ltd. |
16,900 | 95,815 | ||||||
Aiful Corp. (d) |
85,400 | 222,660 | ||||||
Aiming, Inc. |
4,500 | 8,873 | ||||||
Ain Holdings, Inc. |
5,700 | 246,355 | ||||||
Ainavo Holdings Co., Ltd. |
1,100 | 6,844 | ||||||
Aiphone Co., Ltd. (d) |
3,800 | 49,780 | ||||||
Airport Facilities Co., Ltd. |
7,500 | 26,975 | ||||||
Airtrip Corp. (a) (d) |
2,500 | 49,316 | ||||||
Aisan Industry Co., Ltd. |
10,400 | 49,174 | ||||||
AIT Corp. |
1,600 | 16,055 | ||||||
Aizawa Securities Group Co., Ltd. |
11,000 | 48,949 | ||||||
Ajis Co., Ltd. |
500 | 7,005 | ||||||
Akatsuki Corp. |
8,100 | 17,581 | ||||||
Akatsuki, Inc. |
2,100 | 30,262 | ||||||
Akebono Brake Industry Co., Ltd. (a) |
17,400 | 19,151 | ||||||
Akita Bank, Ltd. (The) |
4,100 | 45,465 | ||||||
Albis Co., Ltd. |
1,600 | 25,718 | ||||||
Alconix Corp. (d) |
6,400 | 58,290 | ||||||
Alinco, Inc. |
4,600 | 28,531 | ||||||
Alleanza Holdings Co., Ltd. (d) |
1,400 | 9,520 | ||||||
Alpen Co., Ltd. |
4,800 | 68,070 | ||||||
Alpha Corp. |
2,200 | 13,729 | ||||||
AlphaPolis Co., Ltd. (a) |
400 | 5,941 | ||||||
Alps Alpine Co., Ltd. (d) |
45,400 | 328,988 | ||||||
Alps Logistics Co., Ltd. |
6,000 | 42,913 | ||||||
Altech Corp. |
4,520 | 57,399 | ||||||
Amano Corp. |
14,400 | 242,263 | ||||||
Amiyaki Tei Co., Ltd. (d) |
1,100 | 22,153 | ||||||
Amuse, Inc. |
2,800 | 32,827 | ||||||
Amvis Holdings, Inc. |
3,800 | 63,171 | ||||||
Anabuki Kosan, Inc. |
800 | 11,076 | ||||||
Anest Iwata Corp. |
10,400 | 61,544 | ||||||
AnGes, Inc. (a) (d) |
13,200 | 19,205 | ||||||
Anicom Holdings, Inc. |
12,700 | 49,866 | ||||||
Anritsu Corp. (d) |
37,400 | 408,735 | ||||||
Aohata Corp. |
500 | 8,474 | ||||||
AOI Electronics Co., Ltd. |
1,100 | 14,410 | ||||||
AOKI Holdings, Inc. |
12,500 | 61,170 | ||||||
Aoyama Trading Co., Ltd. |
14,500 | 91,552 | ||||||
Aoyama Zaisan Networks Co., Ltd. |
2,800 | 18,098 | ||||||
Aozora Bank, Ltd. |
3,700 | 66,069 | ||||||
Apaman Co., Ltd. |
2,100 | 6,735 | ||||||
Arakawa Chemical Industries, Ltd. |
4,600 | 31,234 | ||||||
Arata Corp. (d) |
4,200 | 119,270 | ||||||
Arcland Service Holdings Co., Ltd. |
4,000 | 58,862 | ||||||
ARCLANDS Corp. |
2,200 | 21,959 | ||||||
Arcs Co., Ltd. |
13,364 | 190,363 | ||||||
Arealink Co., Ltd. |
3,100 | 37,410 | ||||||
Argo Graphics, Inc. (d) |
4,800 | 120,100 | ||||||
Arisawa Manufacturing Co., Ltd. |
10,600 | 89,635 | ||||||
ARTERIA Networks Corp. |
4,700 | 38,729 | ||||||
Artiza Networks, Inc. |
1,800 | 12,917 | ||||||
Artnature, Inc. |
5,000 | 24,935 | ||||||
Aruhi Corp. (d) |
7,100 | 67,502 | ||||||
Asahi Broadcasting Group Holdings Corp. |
2,400 | 10,387 | ||||||
Asahi Co., Ltd. |
4,500 | 40,640 | ||||||
Asahi Diamond Industrial Co., Ltd. |
17,700 | 87,691 | ||||||
Asahi Holdings, Inc. (d) |
20,000 | 280,979 | ||||||
Asahi Intelligence Service Co., Ltd. |
100 | 749 | ||||||
Asahi Kogyosha Co., Ltd. |
2,400 | 29,347 | ||||||
Asahi Net, Inc. |
5,000 | 20,268 | ||||||
Asahi Printing Co., Ltd. |
400 | 2,413 | ||||||
ASAHI YUKIZAI Corp. |
5,000 | 76,083 | ||||||
Asahipen Corp. |
400 | 4,699 | ||||||
Asanuma Corp. (d) |
4,800 | 88,823 | ||||||
Asax Co., Ltd. |
5,400 | 21,576 | ||||||
Ascentech K.K. |
1,400 | 5,147 | ||||||
Ashimori Industry Co., Ltd. |
1,600 | 11,444 | ||||||
Asia Pile Holdings Corp. |
3,800 | 12,700 | ||||||
ASKA Pharmaceutical Holdings Co., Ltd. |
7,500 | 57,272 | ||||||
ASKUL Corp. |
9,200 | 94,966 | ||||||
Astena Holdings Co., Ltd. |
9,000 | 26,560 | ||||||
Asteria Corp. |
2,100 | 11,412 | ||||||
Atrae, Inc. (a) |
3,200 | 35,366 | ||||||
Atsugi Co., Ltd. (a) |
6,100 | 15,611 | ||||||
Aucnet, Inc. |
2,700 | 41,692 | ||||||
Autobacs Seven Co., Ltd. (d) |
20,400 | 196,867 | ||||||
Aval Data Corp. |
500 | 8,141 | ||||||
Avant Corp. (d) |
5,800 | 58,214 | ||||||
Avantia Co., Ltd. (d) |
3,000 | 16,439 | ||||||
Avex, Inc. (d) |
7,600 | 81,044 | ||||||
Awa Bank, Ltd. (The) (d) |
10,300 | 134,599 | ||||||
Axell Corp. |
3,800 | 30,413 | ||||||
Axial Retailing, Inc. (d) |
5,100 | 114,228 | ||||||
Axyz Co., Ltd. |
500 | 10,116 | ||||||
Bando Chemical Industries, Ltd. (d) |
12,000 | 85,208 | ||||||
Bank of Iwate, Ltd. (The) |
5,400 | 66,932 | ||||||
Bank of Kochi, Ltd. (The) |
1,600 | 7,021 | ||||||
Bank of Nagoya, Ltd. (The) (d) |
4,200 | 87,159 | ||||||
Bank of Saga, Ltd. (The) |
5,100 | 53,374 | ||||||
Bank of the Ryukyus, Ltd. (d) |
15,800 | 83,585 | ||||||
Baroque Japan, Ltd. (d) |
3,100 | 16,848 | ||||||
Base Co., Ltd. |
600 | 14,340 | ||||||
Beauty Garage, Inc. |
800 | 14,467 | ||||||
Beenos, Inc. (a) |
1,900 | 30,651 | ||||||
Belc Co., Ltd. (d) |
2,800 | 103,936 | ||||||
Bell System24 Holdings, Inc. |
8,200 | 78,336 | ||||||
Belluna Co., Ltd. |
16,800 | 80,750 | ||||||
Benesse Holdings, Inc. (d) |
16,500 | 244,413 | ||||||
Bengo4.com, Inc. (a) (d) |
1,400 | 34,097 | ||||||
Bic Camera, Inc. |
18,000 | 153,300 | ||||||
Bike O & Co., Ltd. (d) |
1,600 | 11,655 | ||||||
BML, Inc. (d) |
7,200 | 162,423 | ||||||
Bookoff Group Holdings, Ltd. (d) |
3,500 | 27,032 | ||||||
Bourbon Corp. |
2,100 | 30,681 | ||||||
BP Castrol KK |
2,600 | 19,305 | ||||||
Br Holdings Corp. |
7,400 | 16,328 | ||||||
BrainPad, Inc. (a) |
3,300 | 19,799 | ||||||
Broadleaf Co., Ltd. |
17,400 | 60,239 | ||||||
Bull-Dog Sauce Co., Ltd. (d) |
1,200 | 15,050 |
BHFTII-79
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Japan(Continued) | ||||||||
Bunka Shutter Co., Ltd. (d) |
19,000 | $ | 134,592 | |||||
Business Brain Showa-Ota, Inc. |
2,600 | 25,024 | ||||||
Business Engineering Corp. |
800 | 11,587 | ||||||
BuySell Technologies Co., Ltd. |
400 | 17,115 | ||||||
C Uyemura & Co., Ltd. |
4,800 | 201,742 | ||||||
C.I. Takiron Corp. |
16,300 | 58,866 | ||||||
CAC Holdings Corp. |
4,400 | 43,030 | ||||||
Canare Electric Co., Ltd. |
800 | 7,786 | ||||||
Canon Electronics, Inc. |
6,000 | 65,303 | ||||||
Careerlink Co., Ltd. |
1,000 | 15,368 | ||||||
Carenet, Inc. (d) |
3,600 | 29,542 | ||||||
Carlit Holdings Co., Ltd. |
7,300 | 33,157 | ||||||
Carta Holdings, Inc. |
900 | 10,393 | ||||||
Casa, Inc. |
1,000 | 5,522 | ||||||
Cawachi, Ltd. |
4,000 | 58,676 | ||||||
CDS Co., Ltd. |
700 | 7,997 | ||||||
CellSource Co., Ltd. (a) (d) |
600 | 18,235 | ||||||
Celsys ,Inc. |
6,900 | 41,157 | ||||||
Central Automotive Products, Ltd. |
3,000 | 45,592 | ||||||
Central Glass Co., Ltd. (d) |
10,900 | 249,340 | ||||||
Central Security Patrols Co., Ltd. |
2,300 | 37,697 | ||||||
Central Sports Co., Ltd. (d) |
2,400 | 40,604 | ||||||
Ceres, Inc. |
1,600 | 9,901 | ||||||
Change, Inc. (d) |
5,500 | 73,360 | ||||||
Charm Care Corp. |
3,800 | 27,174 | ||||||
Chiba Kogyo Bank, Ltd. (The) |
16,000 | 31,200 | ||||||
Chilled & Frozen Logistics Holdings Co., Ltd. |
2,800 | 21,409 | ||||||
Chino Corp. |
2,700 | 30,370 | ||||||
Chiyoda Co., Ltd. |
5,800 | 31,490 | ||||||
Chiyoda Corp. (a)(d) |
38,700 | 102,081 | ||||||
Chiyoda Integre Co., Ltd. |
3,900 | 57,782 | ||||||
Chofu Seisakusho Co., Ltd. |
5,700 | 80,453 | ||||||
Chori Co., Ltd. |
4,300 | 57,095 | ||||||
Chubu Shiryo Co., Ltd. |
6,800 | 48,998 | ||||||
Chudenko Corp. |
8,200 | 118,591 | ||||||
Chuetsu Pulp & Paper Co., Ltd. |
1,900 | 12,038 | ||||||
Chugai Ro Co., Ltd. |
1,400 | 14,866 | ||||||
Chugoku Bank, Ltd. (The) (a) (b) (c) (d) |
36,700 | 227,964 | ||||||
Chugoku Marine Paints, Ltd. (d) |
13,000 | 79,957 | ||||||
Chukyo Bank, Ltd. (The) (a) (b) (c) (d) |
3,900 | 46,079 | ||||||
Chuo Gyorui Co., Ltd. |
200 | 4,002 | ||||||
Chuo Spring Co., Ltd. |
4,300 | 19,827 | ||||||
Citizen Watch Co., Ltd. (d) |
83,700 | 350,031 | ||||||
CKD Corp. (d) |
9,700 | 115,442 | ||||||
Cleanup Corp. |
7,300 | 28,436 | ||||||
CMIC Holdings Co., Ltd. |
3,900 | 40,976 | ||||||
CMK Corp. |
15,500 | 46,076 | ||||||
COLOPL, Inc. (a) |
7,200 | 33,878 | ||||||
Colowide Co., Ltd. (d) |
16,900 | 216,879 | ||||||
Como Co., Ltd. |
400 | 7,412 | ||||||
Computer Engineering & Consulting, Ltd. |
8,200 | 83,534 | ||||||
Computer Institute of Japan, Ltd. |
4,080 | 21,926 | ||||||
Comture Corp. (d) |
5,900 | 92,467 | ||||||
CONEXIO Corp. |
4,600 | 37,787 | ||||||
Core Corp. |
2,500 | 23,686 | ||||||
Corona Corp. |
4,400 | 25,252 | ||||||
Cosel Co., Ltd. (d) |
8,100 | 45,952 | ||||||
Cosmo Energy Holdings Co., Ltd. (d) |
4,400 | 112,873 | ||||||
Cosmos Initia Co., Ltd. |
3,500 | 12,121 | ||||||
Cota Co., Ltd. |
4,977 | 52,839 | ||||||
CRE, Inc. |
2,100 | 21,210 | ||||||
Create Medic Co., Ltd. |
1,800 | 11,049 | ||||||
Create Restaurants Holdings, Inc. |
29,400 | 198,488 | ||||||
Create SD Holdings Co., Ltd. |
5,600 | 121,114 | ||||||
Credit Saison Co., Ltd. |
25,600 | 300,437 | ||||||
Creek & River Co., Ltd. |
3,900 | 66,851 | ||||||
Cresco, Ltd. |
4,000 | 45,063 | ||||||
CROOZ, Inc. (a) (d) |
1,300 | 10,604 | ||||||
Cross Cat Co., Ltd. |
1,400 | 12,843 | ||||||
CTI Engineering Co., Ltd. |
3,900 | 76,559 | ||||||
CTS Co., Ltd. |
7,700 | 38,832 | ||||||
Cube System, Inc. (d) |
2,500 | 16,403 | ||||||
Curves Holdings Co., Ltd. |
13,000 | 73,694 | ||||||
Cyber Com Co., Ltd. |
1,100 | 10,076 | ||||||
Cybernet Systems Co., Ltd. |
2,200 | 13,758 | ||||||
Cybozu, Inc. |
5,300 | 54,002 | ||||||
Dai Nippon Toryo Co., Ltd. |
7,800 | 38,577 | ||||||
Dai-Dan Co., Ltd. |
4,600 | 68,143 | ||||||
Daicel Corp. |
67,200 | 397,099 | ||||||
Daido Kogyo Co., Ltd. |
2,000 | 9,670 | ||||||
Daido Metal Co., Ltd. |
13,400 | 44,600 | ||||||
Daido Steel Co., Ltd. (d) |
7,600 | 185,144 | ||||||
Daihatsu Diesel Manufacturing Co., Ltd. |
6,700 | 22,709 | ||||||
Daihen Corp. (d) |
5,600 | 142,758 | ||||||
Daiho Corp. (d) |
4,200 | 120,707 | ||||||
Daiichi Jitsugyo Co., Ltd. (d) |
2,800 | 74,435 | ||||||
Daiichi Kigenso Kagaku-Kogyo Co., Ltd. |
5,000 | 42,336 | ||||||
Daiken Corp. |
4,100 | 51,746 | ||||||
Daiken Medical Co., Ltd. (d) |
4,400 | 14,144 | ||||||
Daiki Aluminium Industry Co., Ltd. (d) |
9,000 | 73,517 | ||||||
Daiki Axis Co., Ltd. (d) |
1,300 | 5,717 | ||||||
Daiko Denshi Tsushin, Ltd. |
1,300 | 4,082 | ||||||
Daikoku Denki Co., Ltd. |
2,700 | 24,286 | ||||||
Daikokutenbussan Co., Ltd. |
1,300 | 47,310 | ||||||
Daikyonishikawa Corp. |
11,600 | 42,727 | ||||||
Dainichi Co., Ltd. |
4,100 | 17,653 | ||||||
Dainichiseika Color & Chemicals Manufacturing Co., Ltd. |
4,000 | 46,909 | ||||||
Daio Paper Corp. (d) |
14,100 | 113,188 | ||||||
Daiohs Corp. |
900 | 9,314 | ||||||
Daiseki Co., Ltd. |
12,839 | 391,712 | ||||||
Daishi Hokuetsu Financial Group, Inc. (d) |
10,300 | 191,080 | ||||||
Daishinku Corp. (d) |
10,400 | 62,477 | ||||||
Daisue Construction Co., Ltd. |
2,300 | 22,597 | ||||||
Daito Bank, Ltd. (The) |
5,200 | 21,787 | ||||||
Daito Pharmaceutical Co., Ltd. |
3,960 | 67,076 | ||||||
Daitron Co., Ltd. |
2,400 | 33,240 | ||||||
Daiwa Industries, Ltd. (d) |
11,000 | 86,434 | ||||||
Daiwabo Holdings Co., Ltd. (d) |
26,000 | 335,335 | ||||||
DCM Holdings Co., Ltd. |
33,100 | 269,395 | ||||||
Dear Life Co., Ltd. |
7,500 | 28,739 | ||||||
Delica Foods Holdings Co., Ltd. |
600 | 2,089 | ||||||
DeNA Co., Ltd. |
19,200 | 242,951 | ||||||
Densan System Holdings Co., Ltd. |
1,700 | 25,171 | ||||||
Denyo Co., Ltd. |
4,800 | 45,381 |
BHFTII-80
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Japan(Continued) | ||||||||
Dexerials Corp. (d) |
15,300 | $ | 344,655 | |||||
DIC Corp. |
14,500 | 241,581 | ||||||
Digital Arts, Inc. (d) |
2,900 | 124,692 | ||||||
Digital Garage, Inc. |
7,800 | 184,723 | ||||||
Digital Holdings, Inc. |
2,100 | 16,855 | ||||||
Digital Information Technologies Corp. |
2,100 | 21,286 | ||||||
Dip Corp. |
9,500 | 241,825 | ||||||
Direct Marketing MiX, Inc. |
3,000 | 33,638 | ||||||
DKK Co., Ltd. |
3,300 | 49,406 | ||||||
DKS Co., Ltd. |
2,800 | 37,080 | ||||||
DMG Mori Co., Ltd. |
31,300 | 354,033 | ||||||
DMW Corp. |
700 | 14,487 | ||||||
Doshisha Co., Ltd. |
7,400 | 73,783 | ||||||
Double Standard, Inc. |
1,400 | 22,467 | ||||||
Doutor Nichires Holdings Co., Ltd. |
7,600 | 91,276 | ||||||
Drecom Co., Ltd. (d) |
2,700 | 15,846 | ||||||
DTS Corp. (d) |
11,700 | 278,256 | ||||||
Duskin Co., Ltd. (d) |
12,500 | 245,508 | ||||||
DyDo Group Holdings, Inc. (d) |
3,200 | 106,065 | ||||||
E-Guardian, Inc. (a) |
2,400 | 47,038 | ||||||
Eagle Industry Co., Ltd. |
7,800 | 58,525 | ||||||
Earth Corp. |
3,100 | 110,727 | ||||||
EAT&Holdings Co., Ltd. |
1,400 | 21,141 | ||||||
Ebara Foods Industry, Inc. |
700 | 14,592 | ||||||
Ebara Jitsugyo Co., Ltd. |
3,000 | 44,956 | ||||||
Ebase Co., Ltd. |
4,800 | 17,085 | ||||||
Ecos Co., Ltd. (d) |
2,100 | 26,162 | ||||||
EDION Corp. (d) |
22,500 | 182,471 | ||||||
EF-ON, Inc. |
6,100 | 26,989 | ||||||
eGuarantee, Inc. |
8,200 | 141,647 | ||||||
Ehime Bank, Ltd. (The) |
11,400 | 67,580 | ||||||
Eidai Co., Ltd. |
10,000 | 15,896 | ||||||
Eiken Chemical Co., Ltd. |
7,500 | 93,158 | ||||||
Eizo Corp. (d) |
4,400 | 110,523 | ||||||
Elan Corp. |
8,200 | 60,501 | ||||||
Elecom Co., Ltd. (d) |
11,700 | 116,942 | ||||||
Elematec Corp. |
6,800 | 58,966 | ||||||
EM Systems Co., Ltd. |
3,500 | 20,543 | ||||||
en-japan, Inc. |
8,300 | 126,764 | ||||||
Endo Lighting Corp. |
2,600 | 12,965 | ||||||
Enigmo, Inc. |
6,400 | 21,980 | ||||||
Enplas Corp. |
2,500 | 70,415 | ||||||
Entrust, Inc. |
1,500 | 6,152 | ||||||
eRex Co., Ltd. (d) |
8,000 | 154,490 | ||||||
ES-Con Japan, Ltd. |
6,700 | 37,765 | ||||||
Escrow Agent Japan, Inc. |
5,100 | 5,574 | ||||||
Eslead Corp. |
2,700 | 31,468 | ||||||
ESPEC Corp. |
6,500 | 76,997 | ||||||
Exedy Corp. |
9,100 | 103,407 | ||||||
EXEO Group, Inc. |
5,500 | 79,484 | ||||||
Ezaki Glico Co., Ltd. |
12,500 | 308,097 | ||||||
F&M Co., Ltd. |
1,600 | 26,186 | ||||||
F-Tech, Inc. |
6,000 | 20,436 | ||||||
Faith, Inc. |
2,680 | 9,878 | ||||||
FALCO HOLDINGS Co., Ltd. |
3,100 | 37,313 | ||||||
FCC Co., Ltd. (d) |
10,500 | 95,981 | ||||||
FDK Corp. (a) |
3,600 | 19,200 | ||||||
Feed One Co., Ltd. |
8,276 | 38,131 | ||||||
Ferrotec Holdings Corp. |
11,700 | 189,469 | ||||||
Fibergate, Inc. |
1,800 | 10,844 | ||||||
FIDEA Holdings Co., Ltd. |
6,250 | 54,499 | ||||||
Fields Corp. |
1,600 | 17,711 | ||||||
Financial Products Group Co., Ltd. |
13,500 | 105,787 | ||||||
FINDEX, Inc. |
3,900 | 15,409 | ||||||
First Bank of Toyama, Ltd. (The) |
10,700 | 29,785 | ||||||
First Brothers Co., Ltd. |
900 | 5,227 | ||||||
First Juken Co., Ltd. |
1,600 | 12,123 | ||||||
First-corp, Inc. |
1,600 | 8,030 | ||||||
Fixstars Corp. |
4,100 | 29,530 | ||||||
FJ Next Holdings Co., Ltd. |
3,800 | 26,490 | ||||||
Focus Systems Corp. |
2,900 | 19,126 | ||||||
Food & Life Cos. Ltd. (d) |
13,000 | 198,404 | ||||||
Forval Corp. |
1,900 | 12,180 | ||||||
Foster Electric Co., Ltd. |
7,400 | 37,995 | ||||||
FP Corp. (d) |
10,300 | 251,307 | ||||||
France Bed Holdings Co., Ltd. |
9,300 | 58,091 | ||||||
FreakOut Holdings, Inc. (a) |
800 | 7,180 | ||||||
Freebit Co., Ltd. (d) |
2,100 | 13,196 | ||||||
Freund Corp. |
2,400 | 11,675 | ||||||
FTGroup Co., Ltd. (d) |
1,500 | 8,600 | ||||||
Fudo Tetra Corp. |
6,030 | 61,439 | ||||||
Fuji Co., Ltd. (d) |
6,700 | 87,295 | ||||||
Fuji Corp. |
16,500 | 214,267 | ||||||
Fuji Corp., Ltd. |
8,600 | 36,929 | ||||||
Fuji Corp/Miyagi |
2,300 | 19,450 | ||||||
Fuji Kyuko Co., Ltd. |
5,300 | 157,021 | ||||||
Fuji Media Holdings, Inc. |
6,900 | 50,712 | ||||||
Fuji Oil Co., Ltd. |
21,100 | 42,429 | ||||||
Fuji Oil Holdings, Inc. (d) |
10,600 | 176,406 | ||||||
Fuji Pharma Co., Ltd. |
4,600 | 32,783 | ||||||
Fuji Seal International, Inc. (d) |
12,100 | 128,145 | ||||||
Fuji Soft, Inc. |
3,500 | 197,219 | ||||||
Fujibo Holdings, Inc. |
3,300 | 74,566 | ||||||
Fujicco Co., Ltd. (d) |
6,500 | 85,859 | ||||||
Fujikura Composites, Inc. |
5,800 | 35,511 | ||||||
Fujikura Kasei Co., Ltd. |
9,500 | 26,942 | ||||||
Fujikura, Ltd. |
76,500 | 456,624 | ||||||
Fujimi, Inc. |
3,300 | 138,316 | ||||||
Fujimori Kogyo Co., Ltd. (d) |
4,900 | 108,109 | ||||||
Fujisash Co., Ltd. |
24,500 | 11,517 | ||||||
Fujishoji Co., Ltd. |
1,300 | 7,622 | ||||||
Fujitsu General, Ltd. (d) |
6,900 | 143,661 | ||||||
Fujiya Co., Ltd. |
3,300 | 55,724 | ||||||
FuKoKu Co., Ltd. |
5,100 | 34,181 | ||||||
Fukuda Corp. |
2,100 | 69,740 | ||||||
Fukuda Denshi Co., Ltd. |
2,100 | 104,202 | ||||||
Fukui Bank, Ltd. (The) |
5,400 | 51,037 | ||||||
Fukui Computer Holdings, Inc. |
2,700 | 63,275 | ||||||
Fukushima Bank, Ltd. (The) |
11,200 | 16,036 | ||||||
Fukushima Galilei Co., Ltd. |
3,800 | 93,365 | ||||||
Fukuyama Transporting Co., Ltd. (d) |
3,200 | 72,269 | ||||||
FULLCAST Holdings Co., Ltd. |
5,400 | 94,475 | ||||||
Funai Soken Holdings, Inc. |
10,370 | 176,252 | ||||||
Furukawa Battery Co., Ltd. (The) |
5,000 | 38,869 |
BHFTII-81
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Japan(Continued) | ||||||||
Furukawa Co., Ltd. |
10,500 | $ | 88,133 | |||||
Furukawa Electric Co., Ltd. (d) |
20,900 | 331,753 | ||||||
Furuno Electric Co., Ltd. |
8,400 | 63,829 | ||||||
Furuya Metal Co., Ltd. (d) |
1,100 | 59,174 | ||||||
Furyu Corp. |
4,300 | 30,012 | ||||||
Fuso Chemical Co., Ltd. |
4,600 | 99,119 | ||||||
Fuso Pharmaceutical Industries, Ltd. |
2,600 | 35,365 | ||||||
Futaba Corp. |
10,200 | 43,123 | ||||||
Futaba Industrial Co., Ltd. |
19,600 | 43,964 | ||||||
Future Corp. |
11,200 | 121,559 | ||||||
Fuyo General Lease Co., Ltd. |
5,100 | 278,462 | ||||||
G-7 Holdings, Inc. |
5,800 | 56,851 | ||||||
G-Tekt Corp. |
7,700 | 67,419 | ||||||
Gakken Holdings Co., Ltd. (d) |
6,400 | 42,719 | ||||||
Gakkyusha Co., Ltd. |
2,800 | 31,295 | ||||||
Gecoss Corp. |
4,600 | 25,003 | ||||||
Genki Sushi Co., Ltd. (d) |
1,600 | 33,642 | ||||||
Genky DrugStores Co., Ltd. |
2,400 | 59,176 | ||||||
Geo Holdings Corp. |
8,100 | 98,763 | ||||||
Gift Holdings, Inc. |
800 | 18,076 | ||||||
GL Sciences, Inc. |
1,300 | 19,820 | ||||||
GLOBERIDE, Inc. |
5,200 | 76,646 | ||||||
Glory, Ltd. (d) |
13,000 | 191,032 | ||||||
GMO Financial Gate, Inc. (d) |
200 | 17,373 | ||||||
GMO Financial Holdings, Inc. (d) |
8,000 | 39,607 | ||||||
GMO GlobalSign Holdings K.K. |
1,000 | 30,045 | ||||||
GMO internet group, Inc. |
600 | 10,420 | ||||||
GMO Pepabo, Inc. |
700 | 8,452 | ||||||
Godo Steel, Ltd. |
3,500 | 40,820 | ||||||
Goldcrest Co., Ltd. |
6,230 | 71,296 | ||||||
Golf Digest Online, Inc. |
900 | 9,397 | ||||||
Good Com Asset Co., Ltd. |
1,600 | 16,799 | ||||||
Grandy House Corp. |
3,600 | 13,522 | ||||||
gremz, Inc. |
900 | 9,555 | ||||||
GS Yuasa Corp. (d) |
15,900 | 248,030 | ||||||
GSI Creos Corp. (d) |
3,600 | 35,385 | ||||||
Gun-Ei Chemical Industry Co., Ltd. |
1,800 | 28,876 | ||||||
GungHo Online Entertainment, Inc. |
10,500 | 161,622 | ||||||
Gunma Bank, Ltd. (The) |
84,300 | 228,543 | ||||||
Gunze, Ltd. |
4,800 | 128,312 | ||||||
H-One Co., Ltd. |
6,000 | 23,626 | ||||||
H.U. Group Holdings, Inc. (d) |
14,400 | 261,075 | ||||||
H2O Retailing Corp. (d) |
24,100 | 184,681 | ||||||
HABA Laboratories, Inc. (d) |
700 | 11,483 | ||||||
Hachijuni Bank, Ltd. (The) (d) |
87,800 | 289,611 | ||||||
Hagihara Industries, Inc. |
4,000 | 28,938 | ||||||
Hagiwara Electric Holdings Co., Ltd. |
2,400 | 34,892 | ||||||
Hakudo Co., Ltd. (d) |
2,400 | 38,016 | ||||||
Hakuto Co., Ltd. (d) |
4,900 | 108,190 | ||||||
Halows Co., Ltd. |
2,100 | 42,086 | ||||||
Hamakyorex Co., Ltd. |
5,600 | 121,670 | ||||||
Hamee Corp. (d) |
1,800 | 10,704 | ||||||
Handsman Co., Ltd. |
800 | 4,506 | ||||||
Hanwa Co., Ltd. |
9,300 | 221,195 | ||||||
Happinet Corp. |
5,000 | 63,885 | ||||||
Hard Off Corp. Co., Ltd. |
3,700 | 32,105 | ||||||
Harima Chemicals Group, Inc. |
4,300 | 25,457 | ||||||
Hashimoto Sogyo Holdings Co. Ltd. (d) |
1,400 | 9,348 | ||||||
Hazama Ando Corp. (d) |
54,490 | 315,383 | ||||||
Hearts United Group Co., Ltd. |
2,600 | 33,730 | ||||||
Heiwa Corp. |
12,100 | 187,270 | ||||||
Heiwa Real Estate Co., Ltd. (d) |
7,600 | 208,822 | ||||||
Heiwado Co., Ltd. |
8,700 | 119,647 | ||||||
Helios Techno Holding Co., Ltd. |
2,900 | 8,085 | ||||||
Hennge KK (a) |
600 | 3,396 | ||||||
HI-LEX Corp. |
5,500 | 39,339 | ||||||
Hibiya Engineering, Ltd. (d) |
5,800 | 74,307 | ||||||
Himaraya Co., Ltd. (d) |
2,600 | 16,409 | ||||||
Hioki EE Corp. (d) |
3,000 | 130,445 | ||||||
Hirakawa Hewtech Corp. |
2,000 | 14,257 | ||||||
Hirano Tecseed Co., Ltd. (d) |
1,300 | 15,712 | ||||||
Hirata Corp. |
1,000 | 28,213 | ||||||
Hirogin Holdings, Inc. (d) |
64,700 | 271,955 | ||||||
Hirose Tusyo, Inc. |
300 | 4,877 | ||||||
Hiroshima Electric Railway Co., Ltd. (a) |
1,500 | 8,693 | ||||||
Hiroshima Gas Co., Ltd. |
7,000 | 15,923 | ||||||
Hisaka Works, Ltd. |
7,000 | 39,480 | ||||||
Hitachi Zosen Corp. |
50,600 | 297,875 | ||||||
Hito Communications Holdings, Inc. |
1,700 | 19,398 | ||||||
Hochiki Corp. |
4,600 | 40,835 | ||||||
Hodogaya Chemical Co., Ltd. |
1,800 | 35,811 | ||||||
Hogy Medical Co., Ltd. (d) |
4,800 | 117,804 | ||||||
Hokkaido Electric Power Co., Inc. |
53,500 | 167,582 | ||||||
Hokkaido Gas Co., Ltd. |
5,400 | 59,016 | ||||||
Hokkan Holdings, Ltd. |
3,300 | 28,837 | ||||||
Hokko Chemical Industry Co., Ltd. |
7,000 | 43,828 | ||||||
Hokkoku Financial Holdings, Inc. (d) |
7,200 | 234,976 | ||||||
Hokuetsu Corp. (d) |
29,900 | 156,224 | ||||||
Hokuetsu Industries Co., Ltd. |
7,000 | 46,504 | ||||||
Hokuhoku Financial Group, Inc. |
37,300 | 220,198 | ||||||
Hokuriku Electric Industry Co., Ltd. |
2,800 | 19,722 | ||||||
Hokuriku Electric Power Co. (a) (d) |
47,000 | 157,445 | ||||||
Hokuriku Electrical Construction Co., Ltd. |
3,600 | 17,576 | ||||||
Hokuriku Gas Co., Ltd. |
1,000 | 20,344 | ||||||
Hokuto Corp. (d) |
7,100 | 92,965 | ||||||
Honda Tsushin Kogyo Co., Ltd. (a) |
2,900 | 14,118 | ||||||
Honeys Holdings Co., Ltd. |
6,930 | 58,253 | ||||||
Honma Golf, Ltd. |
27,000 | 10,763 | ||||||
Hoosiers Holdings Co., Ltd. |
8,000 | 42,881 | ||||||
Horiba, Ltd. |
3,300 | 128,233 | ||||||
Hoshi Iryo-Sanki Co., Ltd. |
300 | 7,651 | ||||||
Hosiden Corp. |
16,400 | 166,443 | ||||||
Hosokawa Micron Corp. |
4,400 | 74,793 | ||||||
Hotland Co., Ltd. |
3,200 | 29,968 | ||||||
Hotto Link, Inc. (a) |
800 | 2,034 | ||||||
Howa Machinery, Ltd. |
4,400 | 24,672 | ||||||
HPC Systems, Inc. |
500 | 6,851 | ||||||
HS Holdings Co., Ltd. |
10,300 | 79,261 | ||||||
Hyakugo Bank, Ltd. (The) (d) |
68,600 | 150,421 | ||||||
Hyakujushi Bank, Ltd. (The) |
5,800 | 66,865 | ||||||
Ill, Inc. (d) |
900 | 10,903 | ||||||
Irom Group Co., Ltd. |
2,700 | 43,768 | ||||||
i-mobile Co., Ltd. (d) |
1,800 | 14,584 | ||||||
I-NE Co., Ltd. (a) |
400 | 12,026 |
BHFTII-82
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Japan(Continued) | ||||||||
I-Net Corp. |
3,520 | $ | 30,413 | |||||
I-PEX, Inc. |
3,100 | 26,589 | ||||||
IBJ, Inc. |
4,900 | 29,692 | ||||||
Ichigo, Inc. |
33,400 | 68,877 | ||||||
Ichiken Co., Ltd. |
1,800 | 22,160 | ||||||
Ichikoh Industries, Ltd. |
9,000 | 23,809 | ||||||
Ichimasa Kamaboko Co., Ltd. |
1,100 | 5,842 | ||||||
ICHINEN HOLDINGS Co., Ltd. |
7,400 | 62,023 | ||||||
Ichiyoshi Securities Co., Ltd. |
12,600 | 51,780 | ||||||
Icom, Inc. |
2,600 | 46,977 | ||||||
ID Holdings Corp. |
3,899 | 23,327 | ||||||
Idec Corp. |
7,500 | 152,940 | ||||||
IDOM, Inc. |
20,400 | 121,905 | ||||||
Ihara Science Corp. |
1,800 | 27,892 | ||||||
Iino Kaiun Kaisha, Ltd. |
23,200 | 104,590 | ||||||
IJTT Co., Ltd. |
9,000 | 31,372 | ||||||
Ikegami Tsushinki Co., Ltd. |
2,600 | 9,882 | ||||||
Imagica Group, Inc. |
4,500 | 29,533 | ||||||
Imasen Electric Industrial (d) |
2,000 | 7,777 | ||||||
Imuraya Group Co., Ltd. |
2,900 | 43,814 | ||||||
Inaba Denki Sangyo Co., Ltd. |
15,300 | 288,394 | ||||||
Inaba Seisakusho Co., Ltd. |
3,200 | 29,864 | ||||||
Inabata & Co., Ltd. (d) |
13,000 | 209,621 | ||||||
Inageya Co., Ltd. |
2,000 | 15,851 | ||||||
Ines Corp. |
7,300 | 73,757 | ||||||
Infocom Corp. |
4,500 | 58,783 | ||||||
Infomart Corp. |
44,600 | 132,658 | ||||||
Information Services International-Dentsu, Ltd. |
4,000 | 121,388 | ||||||
INFRONEER Holdings, Inc. |
46,475 | 314,148 | ||||||
Innotech Corp. |
3,900 | 33,946 | ||||||
Insource Co., Ltd. |
5,600 | 100,260 | ||||||
Intage Holdings, Inc. (d) |
11,600 | 121,816 | ||||||
Intelligent Wave, Inc. |
3,400 | 17,077 | ||||||
Inter Action Corp. |
2,700 | 28,449 | ||||||
Inui Global Logistics Co., Ltd. |
3,000 | 33,910 | ||||||
IR Japan Holdings, Ltd. |
2,000 | 28,004 | ||||||
Iriso Electronics Co., Ltd. |
5,500 | 151,098 | ||||||
ISB Corp. |
400 | 3,370 | ||||||
Ise Chemicals Corp. |
1,000 | 30,462 | ||||||
Iseki & Co., Ltd. |
5,700 | 46,105 | ||||||
Ishihara Chemical Co., Ltd. |
1,200 | 10,301 | ||||||
Ishihara Sangyo Kaisha, Ltd. |
12,200 | 86,118 | ||||||
Ishii Iron Works Co., Ltd. |
900 | 17,408 | ||||||
Ishizuka Glass Co., Ltd. |
500 | 5,187 | ||||||
Itfor, Inc. |
7,800 | 41,116 | ||||||
ITmedia, Inc. |
1,500 | 16,573 | ||||||
Itochu Enex Co., Ltd. |
17,400 | 122,993 | ||||||
Itochu-Shokuhin Co., Ltd. |
2,000 | 67,058 | ||||||
Itoham Yonekyu Holdings, Inc. |
29,500 | 135,877 | ||||||
Itoki Corp. |
15,600 | 43,214 | ||||||
IwaiCosmo Holdings, Inc. |
6,200 | 51,879 | ||||||
Iwaki Co., Ltd. |
1,300 | 11,303 | ||||||
Iwasaki Electric Co., Ltd. |
2,500 | 43,724 | ||||||
Iwatsuka Confectionery Co., Ltd. |
1,000 | 27,954 | ||||||
Iyo Bank, Ltd. (The) (a)(b)(c)(d) |
61,000 | 294,611 | ||||||
Izumi Co., Ltd. |
7,400 | 159,015 | ||||||
J Front Retailing Co., Ltd. |
10,300 | 83,831 | ||||||
J Trust Co., Ltd. |
21,200 | 83,791 | ||||||
J-Lease Co., Ltd. |
600 | 9,366 | ||||||
J-Oil Mills, Inc. (d) |
6,600 | 70,675 | ||||||
J-Stream, Inc. |
1,000 | 4,064 | ||||||
JAC Recruitment Co., Ltd. |
3,900 | 59,816 | ||||||
Jaccs Co., Ltd. (d) |
6,100 | 151,522 | ||||||
JAFCO Group Co., Ltd. |
27,900 | 410,606 | ||||||
JANOME Corp. |
7,099 | 31,723 | ||||||
Japan Aviation Electronics Industry, Ltd. (d) |
15,200 | 223,145 | ||||||
Japan Cash Machine Co., Ltd. |
4,300 | 19,366 | ||||||
Japan Communications, Inc. (a) |
35,600 | 53,938 | ||||||
Japan Electronic Materials Corp. |
2,400 | 21,395 | ||||||
Japan Elevator Service Holdings Co., Ltd. |
15,700 | 202,509 | ||||||
Japan Foundation Engineering Co., Ltd. |
7,900 | 24,986 | ||||||
Japan Investment Adviser Co., Ltd. (d) |
3,200 | 29,273 | ||||||
Japan Lifeline Co., Ltd. |
15,500 | 102,746 | ||||||
Japan Material Co., Ltd. (d) |
15,600 | 199,673 | ||||||
Japan Medical Dynamic Marketing, Inc. |
4,400 | 37,759 | ||||||
Japan Oil Transportation Co., Ltd. |
700 | 11,093 | ||||||
Japan Petroleum Exploration Co., Ltd. |
11,400 | 272,620 | ||||||
Japan Property Management Center Co., Ltd. |
4,100 | 28,577 | ||||||
Japan Pulp & Paper Co., Ltd. |
3,700 | 111,554 | ||||||
Japan Pure Chemical Co., Ltd. |
500 | 7,997 | ||||||
Japan Securities Finance Co., Ltd. (d) |
24,000 | 136,186 | ||||||
Japan Steel Works, Ltd. (The) (d) |
9,200 | 181,433 | ||||||
Japan Transcity Corp. |
12,000 | 39,690 | ||||||
Japan Wool Textile Co., Ltd. (The) |
17,100 | 125,944 | ||||||
Jastec Co., Ltd. |
4,300 | 37,109 | ||||||
JBCC Holdings, Inc. |
5,300 | 64,385 | ||||||
JCR Pharmaceuticals Co., Ltd. |
3,600 | 53,436 | ||||||
JCU Corp. |
5,700 | 114,619 | ||||||
JFE Systems, Inc. |
700 | 10,915 | ||||||
JIG-SAW, Inc. (a)(d) |
900 | 25,678 | ||||||
Jimoto Holdings, Inc. |
6,790 | 21,892 | ||||||
JINS Holdings, Inc. |
3,200 | 94,110 | ||||||
JINUSHI Co., Ltd. |
3,500 | 48,123 | ||||||
JK Holdings Co., Ltd. |
5,600 | 38,282 | ||||||
JM Holdings Co., Ltd. |
3,200 | 37,010 | ||||||
JMS Co., Ltd. |
6,400 | 23,592 | ||||||
Joban Kosan Co., Ltd. (a) |
1,700 | 14,434 | ||||||
Joshin Denki Co., Ltd. |
5,700 | 74,764 | ||||||
Joyful Honda Co., Ltd. (d) |
11,000 | 135,769 | ||||||
JP-Holdings, Inc. |
17,900 | 33,385 | ||||||
JSB Co., Ltd. |
1,000 | 25,934 | ||||||
JSP Corp. |
3,900 | 37,629 | ||||||
Juki Corp. |
7,200 | 34,400 | ||||||
Juroku Financial Group, Inc. |
9,700 | 163,668 | ||||||
Justsystems Corp. |
7,500 | 170,933 | ||||||
JVC Kenwood Corp. |
53,300 | 72,693 | ||||||
K&O Energy Group, Inc. |
5,400 | 60,189 | ||||||
Ks Holdings Corp. (d) |
12,600 | 103,716 | ||||||
Kadoya Sesame Mills, Inc. |
800 | 19,680 | ||||||
Kaga Electronics Co., Ltd. (d) |
5,900 | 165,043 | ||||||
Kagome Co., Ltd. |
2,700 | 56,298 | ||||||
Kaken Pharmaceutical Co., Ltd. |
6,500 | 171,552 | ||||||
Kakiyasu Honten Co., Ltd. |
2,500 | 38,906 | ||||||
Kamakura Shinsho, Ltd. |
3,700 | 21,357 |
BHFTII-83
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Japan(Continued) | ||||||||
Kameda Seika Co., Ltd. |
3,500 | $ | 111,025 | |||||
Kamei Corp. |
7,700 | 56,855 | ||||||
Kanaden Corp. |
6,300 | 44,524 | ||||||
Kanagawa Chuo Kotsu Co., Ltd. |
2,400 | 56,002 | ||||||
Kanamic Network Co., Ltd. |
4,200 | 14,764 | ||||||
Kanamoto Co., Ltd. |
9,900 | 141,045 | ||||||
Kandenko Co., Ltd. |
21,900 | 126,036 | ||||||
Kaneka Corp. |
9,200 | 230,042 | ||||||
Kaneko Seeds Co., Ltd. |
1,300 | 13,128 | ||||||
Kanematsu Corp. |
24,900 | 245,893 | ||||||
Kanematsu Electronics, Ltd. |
3,100 | 85,465 | ||||||
Kanemi Co., Ltd. |
100 | 1,904 | ||||||
Kanto Denka Kogyo Co., Ltd. (d) |
15,000 | 95,795 | ||||||
Kasai Kogyo Co., Ltd. (a) |
8,600 | 11,199 | ||||||
Katakura & Co-op Agri Corp. |
1,600 | 12,870 | ||||||
Katakura Industries Co., Ltd. (d) |
7,800 | 109,980 | ||||||
Katitas Co., Ltd. (d) |
9,300 | 207,177 | ||||||
Kato Sangyo Co., Ltd. |
7,100 | 164,061 | ||||||
Kato Works Co., Ltd. |
3,800 | 19,554 | ||||||
Kawada Technologies, Inc. |
1,500 | 38,285 | ||||||
Kawai Musical Instruments Manufacturing Co., Ltd. |
1,600 | 27,870 | ||||||
KeePer Technical Laboratory Co., Ltd. |
3,000 | 76,185 | ||||||
Keihanshin Building Co., Ltd. |
10,600 | 89,677 | ||||||
Keihin Co., Ltd./Minato-Ku Tokyo Japan |
2,300 | 22,287 | ||||||
KEIWA, Inc. |
600 | 14,433 | ||||||
Keiyo Bank, Ltd. (The) |
33,200 | 108,392 | ||||||
Keiyo Co., Ltd. |
10,600 | 66,724 | ||||||
Kenko Mayonnaise Co., Ltd. |
4,100 | 44,043 | ||||||
KFC Holdings Japan, Ltd. (d) |
4,000 | 74,844 | ||||||
KH Neochem Co., Ltd. |
9,400 | 171,657 | ||||||
Ki-Star Real Estate Co., Ltd. (d) |
3,000 | 90,760 | ||||||
Kibun Foods, Inc. |
1,500 | 9,456 | ||||||
Kimoto Co., Ltd. (d) |
14,900 | 23,510 | ||||||
Kimura Chemical Plants Co., Ltd. |
3,300 | 15,418 | ||||||
King Jim Co., Ltd. |
1,400 | 8,827 | ||||||
Kinki Sharyo Co., Ltd. (The) |
1,200 | 8,108 | ||||||
Kissei Pharmaceutical Co., Ltd. |
8,100 | 143,148 | ||||||
Kita-Nippon Bank, Ltd. (The) |
2,900 | 35,243 | ||||||
Kitagawa Corp. |
3,100 | 26,878 | ||||||
Kitano Construction Corp. |
1,400 | 22,566 | ||||||
Kitanotatsujin Corp. (d) |
14,100 | 25,106 | ||||||
Kito Corp. (a) |
5,900 | 110,691 | ||||||
Kitz Corp. |
19,100 | 106,058 | ||||||
Kiyo Bank, Ltd. (The) (d) |
18,700 | 179,603 | ||||||
KLab, Inc. (a) |
10,600 | 36,508 | ||||||
Koa Corp. (d) |
8,400 | 128,311 | ||||||
Koatsu Gas Kogyo Co., Ltd. |
11,100 | 47,840 | ||||||
Kobe Electric Railway Co., Ltd. (a)(d) |
1,400 | 31,741 | ||||||
Kobe Steel, Ltd. (d) |
63,920 | 256,637 | ||||||
Kohnan Shoji Co., Ltd. |
7,600 | 176,854 | ||||||
Kohsoku Corp. |
4,000 | 42,544 | ||||||
Koike Sanso Kogyo Co., Ltd. |
700 | 9,473 | ||||||
Kojima Co., Ltd. |
7,800 | 33,989 | ||||||
Kokusai Pulp & Paper Co., Ltd. |
3,700 | 18,411 | ||||||
Kokuyo Co., Ltd. (d) |
21,700 | 275,709 | ||||||
KOMAIHALTEC, Inc. (d) |
1,800 | 19,974 | ||||||
Komatsu Seiren Co., Ltd. (d) |
4,200 | 22,371 | ||||||
Komatsu Wall Industry Co., Ltd. |
2,700 | 34,359 | ||||||
KOMEDA Holdings Co., Ltd. (d) |
11,300 | 181,218 | ||||||
Komehyo Holdings Co., Ltd. (d) |
1,300 | 27,034 | ||||||
Komeri Co., Ltd. |
11,000 | 210,291 | ||||||
Komori Corp. (d) |
14,100 | 68,848 | ||||||
Konaka Co., Ltd. (d) |
7,300 | 16,707 | ||||||
Kondotec, Inc. |
6,900 | 47,723 | ||||||
Konica Minolta, Inc. (d) |
115,700 | 357,182 | ||||||
Konishi Co., Ltd. |
9,900 | 106,601 | ||||||
Konoike Transport Co., Ltd. |
6,900 | 67,406 | ||||||
Konoshima Chemical Co., Ltd. |
600 | 4,850 | ||||||
Kosaido Holdings Co., Ltd. |
3,700 | 36,031 | ||||||
Kotobuki Spirits Co., Ltd. |
200 | 11,455 | ||||||
Kotobukiya Co., Ltd. |
500 | 26,037 | ||||||
Kozo Keikaku Engineering, Inc. |
1,200 | 22,887 | ||||||
Krosaki Harima Corp. |
1,600 | 51,257 | ||||||
KRS Corp. |
4,400 | 38,720 | ||||||
KU Holdings Co., Ltd. |
6,700 | 50,297 | ||||||
Kumagai Gumi Co., Ltd. (d) |
11,000 | 191,906 | ||||||
Kumiai Chemical Industry Co., Ltd. |
10,995 | 77,660 | ||||||
Kunimine Industries Co., Ltd. |
1,200 | 6,612 | ||||||
Kurabo Industries, Ltd. |
5,600 | 76,434 | ||||||
Kureha Corp. |
4,700 | 287,443 | ||||||
Kurimoto, Ltd. |
2,800 | 31,068 | ||||||
Kuriyama Holdings Corp. |
2,300 | 14,450 | ||||||
Kusuri no. Aoki Holdings Co., Ltd. |
3,900 | 183,407 | ||||||
KYB Corp. (d) |
6,400 | 137,167 | ||||||
Kyoden Co., Ltd. |
6,500 | 23,239 | ||||||
Kyodo Printing Co., Ltd. |
2,600 | 44,107 | ||||||
Kyoei Steel, Ltd. |
6,700 | 64,318 | ||||||
Kyokuto Boeki Kaisha, Ltd. (d) |
3,600 | 30,692 | ||||||
Kyokuto Kaihatsu Kogyo Co., Ltd. (d) |
9,800 | 89,753 | ||||||
Kyokuto Securities Co., Ltd. |
7,600 | 34,953 | ||||||
Kyokuyo Co., Ltd. |
3,500 | 87,236 | ||||||
KYORIN Holdings, Inc. (d) |
12,800 | 156,137 | ||||||
Kyoritsu Maintenance Co., Ltd. |
2,100 | 86,915 | ||||||
Kyoritsu Printing Co., Ltd. (a)(b)(c) |
6,800 | 5,990 | ||||||
Kyosan Electric Manufacturing Co., Ltd. |
16,000 | 45,943 | ||||||
Kyowa Electronic Instruments Co., Ltd. |
8,000 | 18,542 | ||||||
Kyowa Leather Cloth Co., Ltd. |
3,300 | 11,618 | ||||||
Kyudenko Corp. |
8,900 | 169,343 | ||||||
Kyushu Financial Group, Inc. (d) |
80,900 | 214,038 | ||||||
LAC Co., Ltd. |
5,900 | 31,923 | ||||||
Lacto Japan Co., Ltd. |
1,400 | 20,741 | ||||||
LEC, Inc. |
8,800 | 50,165 | ||||||
Leopalace21 Corp. (a) |
32,100 | 73,770 | ||||||
Life Corp. |
4,000 | 73,826 | ||||||
LIFULL Co., Ltd. (a) |
17,000 | 18,944 | ||||||
Like, Inc. |
2,100 | 31,091 | ||||||
Linical Co., Ltd. |
2,600 | 13,345 | ||||||
Link And Motivation, Inc. (d) |
8,900 | 46,747 | ||||||
Lintec Corp. (d) |
10,500 | 161,405 | ||||||
LITALICO, Inc. |
4,700 | 89,083 | ||||||
Look Holdings, Inc. |
2,200 | 32,474 | ||||||
M&A Capital Partners Co., Ltd. (a) |
3,600 | 92,529 | ||||||
m-up Holdings, Inc. |
7,400 | 77,307 | ||||||
Mabuchi Motor Co., Ltd. (d) |
12,700 | 344,710 |
BHFTII-84
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Japan(Continued) | ||||||||
Macnica Holdings, Inc. (d) |
14,550 | $ | 273,506 | |||||
Macromill, Inc. (d) |
13,700 | 102,734 | ||||||
Maeda Kosen Co., Ltd. (d) |
5,100 | 111,818 | ||||||
Maezawa Kasei Industries Co., Ltd. |
4,300 | 38,445 | ||||||
Maezawa Kyuso Industries Co., Ltd. |
5,800 | 35,898 | ||||||
Makino Milling Machine Co., Ltd. |
7,000 | 215,050 | ||||||
Management Solutions Co., Ltd. (a)(d) |
1,800 | 36,666 | ||||||
Mandom Corp. |
8,900 | 93,651 | ||||||
Mani, Inc. |
18,500 | 225,277 | ||||||
MarkLines Co., Ltd. |
3,000 | 48,051 | ||||||
Mars Group Holdings Corp. |
3,600 | 40,051 | ||||||
Marubun Corp. |
6,100 | 32,447 | ||||||
Marudai Food Co., Ltd. |
6,700 | 66,108 | ||||||
Marufuji Sheet Piling Co., Ltd. |
1,300 | 17,292 | ||||||
Maruha Nichiro Corp. (d) |
12,000 | 204,151 | ||||||
Maruichi Steel Tube, Ltd. |
8,600 | 176,138 | ||||||
MARUKA FURUSATO Corp. |
993 | 21,030 | ||||||
Marumae Co., Ltd. (d) |
2,500 | 30,354 | ||||||
Marusan Securities Co., Ltd. |
19,700 | 58,998 | ||||||
Maruwa Co., Ltd. (d) |
2,600 | 275,738 | ||||||
Maruwa Unyu Kikan Co., Ltd. (d) |
4,900 | 49,231 | ||||||
Maruyama Manufacturing Co., Inc. |
1,500 | 14,986 | ||||||
Maruzen CHI Holdings Co., Ltd. |
11,900 | 26,817 | ||||||
Maruzen Co. Ltd/Taito ward |
900 | 11,307 | ||||||
Maruzen Showa Unyu Co., Ltd. (d) |
3,600 | 76,198 | ||||||
Marvelous, Inc. |
9,500 | 43,758 | ||||||
Matching Service Japan Co., Ltd. (d) |
1,200 | 6,977 | ||||||
Matsuda Sangyo Co., Ltd. (d) |
5,000 | 74,736 | ||||||
Matsui Construction Co., Ltd. |
6,400 | 24,924 | ||||||
Matsui Securities Co., Ltd. (d) |
26,900 | 145,094 | ||||||
Max Co., Ltd. |
8,400 | 115,631 | ||||||
Maxel,l Ltd. |
15,300 | 145,145 | ||||||
Maxvalu Tokai Co., Ltd. |
3,500 | 64,532 | ||||||
MCJ Co., Ltd. (d) |
17,300 | 118,170 | ||||||
Mebuki Financial Group, Inc. |
46,700 | 91,055 | ||||||
MEC Co., Ltd. |
4,200 | 64,987 | ||||||
Media Do Co., Ltd. (a) |
2,100 | 26,136 | ||||||
Medical Data Vision Co., Ltd. (d) |
6,800 | 49,770 | ||||||
Medical System Network Co., Ltd. |
7,000 | 19,104 | ||||||
Medikit Co., Ltd. |
1,300 | 20,902 | ||||||
Medius Holdings Co., Ltd. |
1,800 | 8,667 | ||||||
MedPeer, Inc. (a)(d) |
2,600 | 22,897 | ||||||
Megachips Corp. |
4,800 | 83,920 | ||||||
Megmilk Snow Brand Co., Ltd. |
14,000 | 165,877 | ||||||
Meidensha Corp. (d) |
10,100 | 137,803 | ||||||
Meiji Electric Industries Co., Ltd. |
1,000 | 7,054 | ||||||
Meiji Shipping Co., Ltd. |
4,300 | 19,604 | ||||||
Meiko Electronics Co., Ltd. (d) |
6,300 | 109,018 | ||||||
Meisei Industrial Co., Ltd. |
11,600 | 56,342 | ||||||
Meitec Corp. |
18,900 | 300,194 | ||||||
Meito Sangyo Co., Ltd. |
3,000 | 33,181 | ||||||
Meiwa Corp. (a)(d) |
8,100 | 41,948 | ||||||
Meiwa Estate Co., Ltd. |
5,200 | 21,684 | ||||||
Melco Holdings, Inc. |
1,500 | 32,083 | ||||||
Members Co., Ltd. |
1,800 | 31,795 | ||||||
Menicon Co., Ltd. |
16,500 | 334,893 | ||||||
Mercuria Holdings Co., Ltd. |
2,100 | 8,847 | ||||||
Metaps, Inc. (a) |
1,300 | 4,477 | ||||||
MetaReal Corp. (a) |
1,400 | 9,690 | ||||||
METAWATER Co., Ltd. |
3,600 | 47,261 | ||||||
Micronics Japan Co., Ltd. |
6,300 | 51,223 | ||||||
Midac Holdings Co., Ltd. |
900 | 20,686 | ||||||
Mie Kotsu Group Holdings, Inc. (d) |
8,600 | 29,687 | ||||||
Mikuni Corp. (d) |
7,300 | 14,909 | ||||||
Milbon Co., Ltd. |
6,720 | 296,382 | ||||||
MIMAKI ENGINEERING Co., Ltd. |
1,700 | 7,773 | ||||||
Mimasu Semiconductor Industry Co., Ltd. |
4,400 | 58,091 | ||||||
Ministop Co., Ltd. (d) |
5,400 | 53,013 | ||||||
Miraial Co., Ltd. |
2,900 | 31,934 | ||||||
MIRAIT ONE Corp. |
24,080 | 244,363 | ||||||
Miroku Jyoho Service Co., Ltd. |
5,500 | 54,531 | ||||||
Mitani Corp. |
22,700 | 217,928 | ||||||
Mitani Sekisan Co., Ltd. |
2,100 | 50,369 | ||||||
Mito Securities Co., Ltd. |
19,600 | 32,007 | ||||||
Mitsuba Corp. |
12,300 | 32,872 | ||||||
Mitsubishi Kakoki Kaisha, Ltd. |
800 | 11,463 | ||||||
Mitsubishi Logisnext Co., Ltd. |
8,400 | 42,935 | ||||||
Mitsubishi Logistics Corp. (d) |
4,800 | 113,255 | ||||||
Mitsubishi Materials Corp. (d) |
15,500 | 213,369 | ||||||
Mitsubishi Paper Mills, Ltd. (a) |
8,800 | 17,223 | ||||||
Mitsubishi Pencil Co., Ltd. |
8,200 | 80,045 | ||||||
Mitsubishi Research Institute, Inc. |
2,000 | 61,286 | ||||||
Mitsubishi Shokuhin Co., Ltd. |
4,800 | 108,006 | ||||||
Mitsubishi Steel Manufacturing Co., Ltd. |
4,400 | 27,626 | ||||||
Mitsuboshi Belting, Ltd. (d) |
6,700 | 139,569 | ||||||
Mitsui DM Sugar Holdings Co., Ltd. |
6,100 | 79,773 | ||||||
Mitsui Engineering & Shipbuilding Co., Ltd. (a) |
24,900 | 69,502 | ||||||
Mitsui Matsushima Co., Ltd. (d) |
5,200 | 109,088 | ||||||
Mitsui Mining & Smelting Co., Ltd. |
17,000 | 356,032 | ||||||
Mitsui-Soko Holdings Co., Ltd. |
6,100 | 129,832 | ||||||
Mitsuuroko Group Holdings Co., Ltd. |
10,100 | 67,590 | ||||||
Mixi, Inc. (d) |
11,700 | 185,590 | ||||||
Miyaji Engineering Group, Inc. |
1,800 | 40,339 | ||||||
Miyazaki Bank, Ltd. (The) |
5,400 | 80,154 | ||||||
Miyoshi Oil & Fat Co., Ltd. |
2,800 | 19,241 | ||||||
Mizuho Leasing Co., Ltd. (d) |
8,700 | 187,351 | ||||||
Mizuho Medy Co., Ltd. |
500 | 9,433 | ||||||
Mizuno Corp. |
5,800 | 103,130 | ||||||
Mochida Pharmaceutical Co., Ltd. |
4,700 | 109,800 | ||||||
Monex Group, Inc. (d) |
45,500 | 139,706 | ||||||
Money Partners Group Co., Ltd. |
7,100 | 12,914 | ||||||
Monogatari Corp. (The) |
2,600 | 124,130 | ||||||
MORESCO Corp. |
2,500 | 18,670 | ||||||
Morinaga & Co., Ltd. |
8,800 | 241,318 | ||||||
Morinaga Milk Industry Co., Ltd. |
8,800 | 257,979 | ||||||
Moriroku Holdings Co., Ltd. (d) |
800 | 9,332 | ||||||
Morita Holdings Corp. (d) |
11,200 | 99,362 | ||||||
Morito Co., Ltd. (d) |
3,400 | 16,573 | ||||||
Morozoff, Ltd. |
1,800 | 46,177 | ||||||
Mortgage Service Japan, Ltd. |
1,200 | 6,968 | ||||||
Mory Industries, Inc. |
1,600 | 28,938 | ||||||
Mr. Max Holdings, Ltd. |
10,500 | 45,245 | ||||||
MRK Holdings, Inc. (d) |
15,600 | 11,434 | ||||||
MTI, Ltd. |
6,800 | 23,495 | ||||||
Mugen Estate Co., Ltd. |
3,300 | 10,431 |
BHFTII-85
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Japan(Continued) | ||||||||
Murakami Corp. |
2,500 | $ | 38,799 | |||||
Musashi Seimitsu Industry Co., Ltd. (d) |
13,400 | 144,482 | ||||||
Musashino Bank, Ltd. (The) (d) |
9,500 | 112,000 | ||||||
Mutoh Holdings Co., Ltd. |
900 | 11,885 | ||||||
NAC Co., Ltd. |
3,600 | 22,844 | ||||||
Nachi-Fujikoshi Corp. |
4,200 | 102,483 | ||||||
Nafco Co., Ltd. (d) |
2,600 | 28,331 | ||||||
Nagano Bank, Ltd. (The) (d) |
3,500 | 32,989 | ||||||
Nagano Keiki Co., Ltd. |
4,200 | 29,376 | ||||||
Nagase & Co., Ltd. (d) |
30,600 | 417,553 | ||||||
Nagatanien Holdings Co., Ltd. |
4,000 | 55,012 | ||||||
Nagawa Co., Ltd. |
2,000 | 102,714 | ||||||
Naigai Trans Line, Ltd. |
2,100 | 29,434 | ||||||
Nakabayashi Co., Ltd. |
5,500 | 18,977 | ||||||
Nakamuraya Co., Ltd. |
1,600 | 34,377 | ||||||
Nakanishi, Inc. |
16,800 | 305,040 | ||||||
Nakano Corp. |
4,000 | 8,355 | ||||||
Nakayama Steel Works, Ltd. |
6,300 | 24,494 | ||||||
Nakayamafuku Co., Ltd. |
2,000 | 4,260 | ||||||
Namura Shipbuilding Co., Ltd. (a) |
18,956 | 79,721 | ||||||
Nankai Electric Railway Co., Ltd. |
8,600 | 175,877 | ||||||
Nanto Bank, Ltd. (The) |
9,200 | 133,672 | ||||||
Narasaki Sangyo Co., Ltd. |
800 | 9,396 | ||||||
Natori Co., Ltd. |
2,600 | 35,786 | ||||||
NEC Capital Solutions, Ltd. |
3,800 | 54,239 | ||||||
NEC Networks & System Integration Corp. (d) |
7,600 | 81,963 | ||||||
NET One Systems Co., Ltd. (d) |
21,200 | 408,527 | ||||||
Neturen Co., Ltd. |
9,800 | 43,544 | ||||||
New Art Holdings Co., Ltd. |
1,235 | 11,800 | ||||||
New Japan Chemical Co., Ltd. |
9,900 | 17,193 | ||||||
Nextage Co., Ltd. (d) |
11,100 | 241,020 | ||||||
NexTone, Inc. (a) |
700 | 17,210 | ||||||
NF Holdings Corp. |
1,600 | 10,898 | ||||||
NHK Spring Co., Ltd. (d) |
49,600 | 292,321 | ||||||
Nicca Chemical Co., Ltd. |
1,400 | 8,165 | ||||||
Nice Corp. |
2,300 | 24,466 | ||||||
Nichia Steel Works, Ltd. (d) |
9,100 | 14,479 | ||||||
Nichias Corp. |
16,500 | 256,445 | ||||||
Nichiban Co., Ltd. |
4,000 | 44,487 | ||||||
Nichicon Corp. (d) |
17,900 | 172,076 | ||||||
Nichiden Corp. |
5,200 | 62,346 | ||||||
Nichiha Corp. (d) |
7,900 | 150,227 | ||||||
Nichimo Co., Ltd. (d) |
1,600 | 29,402 | ||||||
Nichireki Co., Ltd. |
8,200 | 72,770 | ||||||
Nichirin Co., Ltd. |
1,400 | 14,759 | ||||||
Nihon Chouzai Co., Ltd. |
3,320 | 28,995 | ||||||
Nihon Dempa Kogyo Co., Ltd. |
2,300 | 22,755 | ||||||
Nihon Dengi Co., Ltd. |
400 | 8,161 | ||||||
Nihon Flush Co., Ltd. (d) |
6,000 | 38,679 | ||||||
Nihon House Holdings Co., Ltd. |
15,000 | 47,355 | ||||||
Nihon Kagaku Sangyo Co., Ltd. |
3,000 | 21,329 | ||||||
Nihon Kohden Corp. (d) |
10,400 | 219,698 | ||||||
Nihon Nohyaku Co., Ltd. (d) |
14,000 | 82,036 | ||||||
Nihon Parkerizing Co., Ltd. |
24,500 | 157,924 | ||||||
Nihon Plast Co., Ltd. |
4,500 | 13,546 | ||||||
Nihon Tokushu Toryo Co., Ltd. |
2,900 | 18,209 | ||||||
Nihon Yamamura Glass Co., Ltd. (a) |
3,800 | 15,037 | ||||||
Nikkato Corp. |
1,700 | 5,042 | ||||||
Nikkiso Co., Ltd. |
16,800 | 105,689 | ||||||
Nikko Co., Ltd. |
9,000 | 37,512 | ||||||
Nikkon Holdings Co., Ltd. (d) |
17,700 | 276,673 | ||||||
Nippn Corp. |
14,300 | 153,628 | ||||||
Nippon Air Conditioning Services Co., Ltd. |
9,600 | 48,757 | ||||||
Nippon Aqua Co., Ltd. |
3,000 | 15,027 | ||||||
Nippon Beet Sugar Manufacturing Co., Ltd. |
3,800 | 42,459 | ||||||
Nippon Carbide Industries Co., Inc. |
2,300 | 19,519 | ||||||
Nippon Carbon Co., Ltd. (d) |
3,000 | 81,947 | ||||||
Nippon Ceramic Co., Ltd. |
400 | 6,754 | ||||||
Nippon Chemi-Con Corp. (a) |
5,900 | 76,210 | ||||||
Nippon Chemical Industrial Co., Ltd. |
2,400 | 31,092 | ||||||
Nippon Chemiphar Co., Ltd. |
800 | 9,796 | ||||||
Nippon Coke & Engineering Co., Ltd. |
61,100 | 38,464 | ||||||
Nippon Computer Dynamics Co., Ltd. |
1,700 | 8,229 | ||||||
Nippon Concept Corp. |
1,500 | 16,155 | ||||||
Nippon Concrete Industries Co., Ltd. |
14,000 | 23,714 | ||||||
Nippon Denko Co., Ltd. (d) |
38,165 | 88,258 | ||||||
Nippon Densetsu Kogyo Co., Ltd. (d) |
10,300 | 130,923 | ||||||
Nippon Dry-Chemical Co., Ltd. (d) |
1,000 | 10,029 | ||||||
Nippon Electric Glass Co., Ltd. |
17,600 | 303,737 | ||||||
Nippon Felt Co., Ltd. (d) |
8,600 | 24,200 | ||||||
Nippon Filcon Co., Ltd. |
5,200 | 16,465 | ||||||
Nippon Fine Chemical Co., Ltd. (d) |
4,300 | 56,002 | ||||||
Nippon Gas Co., Ltd. |
29,600 | 418,701 | ||||||
Nippon Hume Corp. |
6,700 | 29,154 | ||||||
Nippon Kayaku Co., Ltd. (d) |
25,700 | 206,054 | ||||||
Nippon Kodoshi Corp. |
1,600 | 22,295 | ||||||
Nippon Koei Co., Ltd. |
4,200 | 103,775 | ||||||
Nippon Light Metal Holdings Co., Ltd. |
16,500 | 165,323 | ||||||
Nippon Paper Industries Co., Ltd. (a)(d) |
26,600 | 173,150 | ||||||
Nippon Parking Development Co., Ltd. |
65,100 | 90,488 | ||||||
Nippon Pillar Packing Co., Ltd. (d) |
6,500 | 102,949 | ||||||
Nippon Piston Ring Co., Ltd. (d) |
3,200 | 26,897 | ||||||
Nippon Rietec Co., Ltd. |
3,700 | 19,985 | ||||||
Nippon Road Co., Ltd. (The) |
969 | 38,466 | ||||||
Nippon Seiki Co., Ltd. |
15,000 | 78,540 | ||||||
Nippon Seisen Co., Ltd. |
700 | 21,066 | ||||||
Nippon Sharyo, Ltd. |
2,600 | 36,516 | ||||||
Nippon Sheet Glass Co., Ltd. (a) |
10,700 | 37,722 | ||||||
Nippon Shokubai Co., Ltd. (d) |
2,600 | 97,185 | ||||||
Nippon Signal Co., Ltd. (d) |
17,500 | 114,544 | ||||||
Nippon Soda Co., Ltd. |
6,700 | 204,338 | ||||||
Nippon Steel Trading Corp. |
4,596 | 159,940 | ||||||
Nippon Suisan Kaisha, Ltd. (d) |
80,800 | 304,629 | ||||||
Nippon Thompson Co., Ltd. |
15,700 | 57,961 | ||||||
Nippon Yakin Kogyo Co., Ltd. (d) |
4,100 | 74,160 | ||||||
Nipro Corp. |
36,600 | 274,295 | ||||||
Nishi-Nippon Financial Holdings, Inc. |
35,700 | 185,266 | ||||||
Nishi-Nippon Railroad Co., Ltd. (d) |
14,800 | 295,373 | ||||||
Nishikawa Rubber Co., Ltd. |
1,200 | 9,714 | ||||||
Nishimatsu Construction Co., Ltd. (d) |
15,600 | 409,462 | ||||||
Nishimatsuya Chain Co., Ltd. |
12,500 | 115,509 | ||||||
Nishimoto Co., Ltd. |
1,400 | 37,399 | ||||||
Nishio Rent All Co., Ltd. |
6,000 | 118,433 | ||||||
Nissan Shatai Co., Ltd. |
12,600 | 70,720 |
BHFTII-86
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Japan(Continued) | ||||||||
Nissan Tokyo Sales Holdings Co., Ltd. |
11,000 | $ | 20,315 | |||||
Nissei ASB Machine Co., Ltd. |
2,300 | 56,987 | ||||||
Nissei Plastic Industrial Co., Ltd. |
6,000 | 36,696 | ||||||
Nissha Co., Ltd. |
14,100 | 166,874 | ||||||
Nisshin Group Holdings Co., Ltd. |
12,300 | 36,501 | ||||||
Nisshin Oillio Group, Ltd. (The) |
7,400 | 163,479 | ||||||
Nisshinbo Holdings, Inc. |
39,820 | 289,437 | ||||||
Nissin Corp. |
4,300 | 51,192 | ||||||
Nissin Electric Co., Ltd. (d) |
14,800 | 135,906 | ||||||
Nissin Sugar Co., Ltd. |
2,400 | 28,664 | ||||||
Nisso Corp. |
1,400 | 5,388 | ||||||
Nitta Corp. (d) |
6,800 | 130,826 | ||||||
Nitta Gelatin, Inc. |
4,500 | 27,972 | ||||||
NITTAN Corp. |
6,300 | 11,242 | ||||||
Nittetsu Mining Co., Ltd. |
3,400 | 64,619 | ||||||
Nitto Boseki Co., Ltd. |
4,700 | 75,077 | ||||||
Nitto Fuji Flour Milling Co., Ltd. |
800 | 26,530 | ||||||
Nitto Kogyo Corp. (d) |
9,000 | 147,420 | ||||||
Nitto Kohki Co., Ltd. |
4,100 | 44,115 | ||||||
Nitto Seiko Co., Ltd. |
8,900 | 31,658 | ||||||
Nittoc Construction Co., Ltd. |
7,450 | 46,025 | ||||||
NJS Co., Ltd. |
2,200 | 29,949 | ||||||
Noevir Holdings Co., Ltd. (d) |
3,200 | 125,736 | ||||||
Nohmi Bosai, Ltd. (d) |
7,000 | 77,774 | ||||||
Nojima Corp. (d) |
18,000 | 167,916 | ||||||
NOK Corp. (d) |
17,100 | 133,456 | ||||||
Nomura Micro Science Co., Ltd. |
1,300 | 30,217 | ||||||
Noritake Co., Ltd. |
2,800 | 77,802 | ||||||
Noritsu Koki Co., Ltd. |
5,200 | 87,907 | ||||||
Noritz Corp. (d) |
10,600 | 112,957 | ||||||
North Pacific Bank, Ltd. |
74,900 | 117,609 | ||||||
NS Tool Co., Ltd. |
4,800 | 37,724 | ||||||
NS United Kaiun Kaisha, Ltd. |
3,300 | 85,976 | ||||||
NSD Co., Ltd. (d) |
18,540 | 313,346 | ||||||
NSW, Inc. |
1,900 | 27,713 | ||||||
NTN Corp. (d) |
124,600 | 219,231 | ||||||
OAK Capital Corp. (a) |
15,500 | 7,823 | ||||||
Oat Agrio Co., Ltd. |
400 | 4,892 | ||||||
Obara Group, Inc. (d) |
3,800 | 84,157 | ||||||
Oenon Holdings, Inc. |
12,300 | 23,317 | ||||||
Ogaki Kyoritsu Bank, Ltd. (The) (d) |
10,900 | 129,147 | ||||||
Ohara, Inc. |
1,600 | 13,793 | ||||||
Ohashi Technica, Inc. |
3,800 | 34,978 | ||||||
Ohba Co., Ltd. |
4,600 | 21,973 | ||||||
Ohsho Food Service Corp. |
3,600 | 159,158 | ||||||
OIE Sangyo Co., Ltd. |
800 | 4,619 | ||||||
Oiles Corp. |
8,000 | 81,638 | ||||||
Oisix ra daichi, Inc. (a)(d) |
5,600 | 62,860 | ||||||
Oita Bank, Ltd. (The) |
5,000 | 62,765 | ||||||
Okabe Co., Ltd. |
12,500 | 55,937 | ||||||
Okada Aiyon Corp. (d) |
1,900 | 19,035 | ||||||
Okamoto Industries, Inc. |
3,200 | 78,598 | ||||||
Okamoto Machine Tool Works, Ltd. (d) |
1,400 | 39,095 | ||||||
Okamura Corp. (d) |
17,500 | 167,195 | ||||||
Okasan Securities Group, Inc. |
39,200 | 88,415 | ||||||
Oki Electric Industry Co., Ltd. (d) |
25,700 | 127,661 | ||||||
Okinawa Cellular Telephone Co. |
8,000 | 140,591 | ||||||
Okinawa Electric Power Co., Inc. (The) (a)(d) |
14,827 | 108,086 | ||||||
Okinawa Financial Group, Inc. |
7,360 | 106,342 | ||||||
OKUMA Corp. (d) |
7,800 | 264,984 | ||||||
Okumura Corp. (d) |
8,200 | 161,415 | ||||||
Okura Industrial Co., Ltd. |
3,000 | 36,966 | ||||||
Okuwa Co., Ltd. |
7,400 | 46,313 | ||||||
Olympic Group Corp. |
2,600 | 10,116 | ||||||
ONO Sokki Co., Ltd. (a) |
4,200 | 11,589 | ||||||
Onoken Co., Ltd. (d) |
4,300 | 42,052 | ||||||
Onward Holdings Co., Ltd. |
31,800 | 64,271 | ||||||
Optex Group Co., Ltd. (d) |
6,800 | 99,981 | ||||||
Optim Corp. (a) |
4,200 | 22,981 | ||||||
Optorun Co., Ltd. |
5,500 | 79,727 | ||||||
Organo Corp. |
9,200 | 129,507 | ||||||
Oricon, Inc. |
1,200 | 7,737 | ||||||
Orient Corp. |
11,670 | 92,448 | ||||||
Oriental Shiraishi Corp. |
39,400 | 67,013 | ||||||
Origin Co., Ltd. |
3,400 | 29,059 | ||||||
Oro Co., Ltd. |
2,100 | 20,964 | ||||||
Osaka Organic Chemical Industry, Ltd. |
4,100 | 56,965 | ||||||
Osaka Soda Co., Ltd. |
5,000 | 131,340 | ||||||
Osaka Steel Co., Ltd. |
5,000 | 39,309 | ||||||
Osaki Electric Co., Ltd. |
14,400 | 49,816 | ||||||
OSG Corp. |
22,400 | 276,290 | ||||||
OUG Holdings, Inc. |
700 | 13,064 | ||||||
Outsourcing, Inc. |
32,100 | 240,109 | ||||||
Oyo Corp. |
6,400 | 82,047 | ||||||
Ozu Corp. |
600 | 7,292 | ||||||
Pacific Industrial Co., Ltd. (d) |
13,700 | 96,565 | ||||||
Pacific Metals Co., Ltd. |
5,100 | 76,705 | ||||||
Pack Corp. (The) |
4,600 | 70,535 | ||||||
Pal Group Holdings Co., Ltd. |
4,300 | 69,898 | ||||||
PALTAC Corp. |
3,500 | 107,909 | ||||||
Paraca, Inc. |
300 | 3,767 | ||||||
Paramount Bed Holdings Co., Ltd. (d) |
12,000 | 212,690 | ||||||
Paris Miki Holdings, Inc. |
10,600 | 17,163 | ||||||
Pasona Group, Inc. |
6,200 | 85,910 | ||||||
PC Depot Corp. |
7,000 | 12,977 | ||||||
PCA Corp. |
800 | 5,659 | ||||||
PCI Holdings, Inc. |
1,800 | 11,431 | ||||||
Pegasus Sewing Machine Manufacturing Co., Ltd. |
5,400 | 32,188 | ||||||
Penta-Ocean Construction Co., Ltd. (d) |
69,600 | 350,194 | ||||||
People Dreams & Technologies Group Co., Ltd. |
1,400 | 24,402 | ||||||
PeptiDream, Inc. (a)(d) |
10,300 | 113,161 | ||||||
Pharma Foods International Co., Ltd. (d) |
900 | 7,558 | ||||||
Phil Co., Inc. |
700 | 5,671 | ||||||
PIA Corp. (a) |
500 | 11,505 | ||||||
Pickles Holdings Co., Ltd. |
2,600 | 17,551 | ||||||
Pigeon Corp. |
31,900 | 465,098 | ||||||
Pilot Corp. |
5,300 | 199,999 | ||||||
Piolax, Inc. (d) |
9,700 | 118,957 | ||||||
Plenus Co., Ltd. |
3,600 | 47,945 | ||||||
Pole To Win Holdings, Inc. |
7,900 | 50,646 | ||||||
PR Times, Inc. (a)(d) |
700 | 10,321 | ||||||
Premier Anti-Aging Co., Ltd. (a)(d) |
500 | 9,375 | ||||||
Premium Group Co., Ltd. (d) |
7,800 | 95,863 | ||||||
Premium Water Holdings, Inc. |
500 | 8,008 |
BHFTII-87
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Japan(Continued) | ||||||||
Press Kogyo Co., Ltd. (d) |
29,900 | $ | 81,553 | |||||
Pressance Corp. |
4,000 | 40,490 | ||||||
Prestige International, Inc. |
27,100 | 117,764 | ||||||
Prima Meat Packers, Ltd. |
7,500 | 108,403 | ||||||
Pro-Ship, Inc. |
2,300 | 22,844 | ||||||
Procrea Holdings, Inc. |
8,721 | 128,057 | ||||||
Pronexus, Inc. |
5,100 | 33,390 | ||||||
Proto Corp. |
8,800 | 62,722 | ||||||
PS Mitsubishi Construction Co., Ltd. |
8,800 | 37,377 | ||||||
Punch Industry Co., Ltd. |
2,700 | 7,754 | ||||||
QB Net Holdings Co., Ltd. |
1,400 | 13,056 | ||||||
Qol Holdings Co., Ltd. |
7,400 | 61,391 | ||||||
Quick Co., Ltd. |
4,000 | 50,176 | ||||||
Raccoon Holdings, Inc. |
4,100 | 28,987 | ||||||
Raito Kogyo Co., Ltd. |
13,400 | 176,269 | ||||||
Raiznext Corp. |
11,000 | 89,544 | ||||||
Rakus Co., Ltd. |
13,800 | 127,271 | ||||||
Rasa Industries, Ltd. |
2,600 | 40,347 | ||||||
Raysum Co., Ltd. (d) |
5,300 | 59,301 | ||||||
Relia, Inc. |
11,500 | 76,811 | ||||||
Relo Group, Inc. |
2,900 | 44,068 | ||||||
Remixpoint, Inc. (a) (d) |
3,600 | 10,180 | ||||||
Rengo Co., Ltd. |
38,300 | 222,559 | ||||||
RENOVA, Inc. (a) |
5,100 | 119,093 | ||||||
Resorttrust, Inc. |
25,500 | 407,406 | ||||||
Restar Holdings Corp. |
6,900 | 92,205 | ||||||
Retail Partners Co., Ltd. (d) |
4,300 | 32,914 | ||||||
Rheon Automatic Machinery Co., Ltd. |
5,000 | 39,587 | ||||||
Rhythm Co., Ltd. |
2,500 | 25,951 | ||||||
Riberesute Corp. |
4,300 | 22,673 | ||||||
Ricoh Leasing Co., Ltd. (d) |
4,500 | 109,765 | ||||||
Ride On Express Holdings Co., Ltd. |
1,700 | 12,403 | ||||||
Right On Co., Ltd. (a) |
5,900 | 27,272 | ||||||
Riken Corp. |
2,500 | 39,503 | ||||||
Riken Keiki Co., Ltd. (d) |
4,600 | 122,674 | ||||||
Riken Technos Corp. |
9,900 | 34,399 | ||||||
Riken Vitamin Co., Ltd. |
5,400 | 65,329 | ||||||
Rion Co., Ltd. |
2,200 | 29,979 | ||||||
Riso Kyoiku Co., Ltd. |
34,770 | 76,977 | ||||||
Rock Field Co., Ltd. (d) |
6,600 | 66,176 | ||||||
Rokko Butter Co., Ltd. |
3,600 | 34,466 | ||||||
Roland Corp. (d) |
2,800 | 85,158 | ||||||
Roland DG Corp. |
3,600 | 73,322 | ||||||
Rorze Corp. (d) |
2,500 | 119,402 | ||||||
Round One Corp. |
37,800 | 164,290 | ||||||
RS Technologies Co., Ltd. |
1,400 | 61,168 | ||||||
Ryobi, Ltd. |
6,200 | 53,242 | ||||||
Ryoden Corp. |
4,500 | 48,594 | ||||||
Ryosan Co., Ltd. (d) |
7,000 | 108,459 | ||||||
S Foods, Inc. |
4,500 | 94,472 | ||||||
S&B Foods, Inc. |
1,500 | 38,558 | ||||||
S-Pool, Inc. |
18,000 | 130,139 | ||||||
Sacs Bar Holdings, Inc. |
6,850 | 33,647 | ||||||
Sagami Rubber Industries Co., Ltd. |
1,800 | 9,427 | ||||||
Saibu Gas Holdings Co., Ltd. (d) |
8,000 | 95,542 | ||||||
Saison Information Systems Co., Ltd. |
600 | 7,215 | ||||||
Sakai Chemical Industry Co., Ltd. |
4,700 | 60,962 | ||||||
Sakai Heavy Industries, Ltd. |
1,400 | 28,232 | ||||||
Sakai Moving Service Co., Ltd. |
2,800 | 90,286 | ||||||
Sakata INX Corp. |
13,000 | 87,888 | ||||||
Sakura Internet, Inc. |
4,400 | 15,952 | ||||||
Sala Corp. |
15,800 | 83,017 | ||||||
SAMTY Co., Ltd. |
10,000 | 155,567 | ||||||
San Holdings, Inc. |
2,800 | 32,566 | ||||||
San ju San Financial Group, Inc. |
7,870 | 76,790 | ||||||
San-A Co., Ltd. |
5,700 | 172,049 | ||||||
San-Ai Oil Co., Ltd. |
20,000 | 154,640 | ||||||
San-In Godo Bank, Ltd. (The) (d) |
46,900 | 227,128 | ||||||
Sanden Corp. (a) |
4,400 | 6,490 | ||||||
Sanei Architecture Planning Co., Ltd. |
2,800 | 31,180 | ||||||
Sangetsu Corp. |
12,600 | 138,745 | ||||||
Sanix, Inc. (a) |
3,100 | 5,087 | ||||||
Sanken Electric Co., Ltd. |
4,200 | 126,495 | ||||||
Sanki Engineering Co., Ltd. |
13,000 | 142,375 | ||||||
Sanko Metal Industrial Co., Ltd. |
1,000 | 18,182 | ||||||
Sankyo Co., Ltd. (d) |
7,500 | 226,188 | ||||||
Sankyo Frontier Co., Ltd. |
1,000 | 25,325 | ||||||
Sankyo Seiko Co., Ltd. |
13,400 | 41,279 | ||||||
Sankyo Tateyama, Inc. |
8,200 | 33,542 | ||||||
Sankyu, Inc. |
13,100 | 378,478 | ||||||
Sanoh Industrial Co., Ltd. |
6,300 | 29,017 | ||||||
Sansei Technologies, Inc. |
800 | 4,166 | ||||||
Sansha Electric Manufacturing Co., Ltd. |
2,700 | 15,948 | ||||||
Sanshin Electronics Co., Ltd. |
4,000 | 46,399 | ||||||
Sanyo Chemical Industries, Ltd. |
3,700 | 112,109 | ||||||
Sanyo Denki Co., Ltd. |
2,500 | 85,406 | ||||||
Sanyo Electric Railway Co., Ltd. |
4,800 | 73,021 | ||||||
Sanyo Industries, Ltd. |
1,300 | 14,582 | ||||||
Sanyo Shokai, Ltd. (a) |
2,500 | 16,330 | ||||||
Sanyo Special Steel Co., Ltd. |
6,400 | 82,437 | ||||||
Sanyo Trading Co., Ltd. |
5,300 | 37,909 | ||||||
Sapporo Holdings, Ltd. |
17,500 | 384,878 | ||||||
Sata Construction Co., Ltd. |
2,600 | 7,216 | ||||||
Sato Holdings Corp. |
8,100 | 100,838 | ||||||
Sato Shoji Corp. |
4,100 | 32,104 | ||||||
Satori Electric Co., Ltd. |
5,500 | 46,781 | ||||||
Sawai Group Holdings Co., Ltd. |
7,500 | 209,296 | ||||||
Saxa Holdings, Inc. |
2,400 | 20,593 | ||||||
SB Technology, Corp. |
3,000 | 45,040 | ||||||
SBI Insurance Group Co., Ltd. (a) |
1,400 | 7,774 | ||||||
SBS Holdings, Inc. |
6,200 | 119,678 | ||||||
Scala, Inc. |
3,200 | 14,809 | ||||||
Scroll Corp. |
8,000 | 38,634 | ||||||
SEC Carbon, Ltd. |
200 | 8,148 | ||||||
Seed Co., Ltd. |
1,700 | 6,253 | ||||||
Seika Corp. |
3,300 | 36,137 | ||||||
Seikagaku Corp. |
9,800 | 56,356 | ||||||
Seikitokyu Kogyo Co., Ltd. |
10,900 | 56,920 | ||||||
Seiko Holdings Corp. (d) |
8,800 | 183,758 | ||||||
Seiko PMC Corp. |
3,500 | 12,714 | ||||||
Seikoh Giken Co. Ltd. |
700 | 7,671 | ||||||
Seino Holdings Co., Ltd. |
9,700 | 77,878 | ||||||
Seiren Co., Ltd. (d) |
13,300 | 193,765 | ||||||
Sekisui Jushi Corp. |
9,100 | 103,712 |
BHFTII-88
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Japan(Continued) | ||||||||
Sekisui Kasei Co., Ltd. |
8,100 | $ | 22,300 | |||||
SEMITEC Corp. |
400 | 20,954 | ||||||
Senko Group Holdings Co., Ltd. (d) |
31,000 | 205,192 | ||||||
Senshu Electric Co., Ltd. |
2,400 | 86,380 | ||||||
Senshu Ikeda Holdings, Inc. (d) |
72,800 | 105,221 | ||||||
Senshukai Co., Ltd. (a) |
11,000 | 29,698 | ||||||
SERAKU Co., Ltd. |
700 | 4,704 | ||||||
Seria Co., Ltd. |
10,900 | 189,698 | ||||||
Seven Bank, Ltd. (d) |
49,100 | 87,941 | ||||||
Shibaura Electronics Co., Ltd. |
2,800 | 83,749 | ||||||
Shibaura Machine Co., Ltd. |
7,200 | 143,689 | ||||||
Shibaura Mechatronics Corp. |
900 | 58,351 | ||||||
Shibusawa Warehouse Co., Ltd. (The) |
3,500 | 48,905 | ||||||
Shibuya Corp. |
4,400 | 73,118 | ||||||
Shidax Corp. |
3,000 | 12,205 | ||||||
Shiga Bank, Ltd. (The) (d) |
12,100 | 218,860 | ||||||
Shikibo, Ltd. |
4,700 | 28,597 | ||||||
Shikoku Bank, Ltd. (The) |
12,000 | 70,797 | ||||||
Shikoku Chemicals Corp. (d) |
10,900 | 92,497 | ||||||
Shikoku Electric Power Co., Inc. (a) (d) |
40,900 | 203,256 | ||||||
Shima Seiki Manufacturing, Ltd. (d) |
8,700 | 121,083 | ||||||
Shimizu Bank, Ltd. (The) |
3,400 | 34,088 | ||||||
Shimojima Co., Ltd. |
4,200 | 29,326 | ||||||
Shin Nippon Air Technologies Co., Ltd. |
2,100 | 26,167 | ||||||
Shin Nippon Biomedical Laboratories, Ltd. (d) |
5,300 | 98,865 | ||||||
Shin-Etsu Polymer Co., Ltd. |
13,200 | 109,608 | ||||||
Shinagawa Refractories Co., Ltd. |
2,000 | 51,875 | ||||||
Shindengen Electric Manufacturing Co., Ltd. |
2,800 | 67,709 | ||||||
Shinki Bus Co., Ltd. |
900 | 20,945 | ||||||
Shinko Shoji Co., Ltd. |
9,800 | 59,750 | ||||||
Shinmaywa Industries, Ltd. (d) |
16,400 | 110,191 | ||||||
Shinnihon Corp. |
8,300 | 40,599 | ||||||
Shinnihonseiyaku Co., Ltd. (d) |
1,100 | 11,417 | ||||||
Shinoken Group Co., Ltd. (d) |
7,100 | 78,308 | ||||||
Shinsho Corp. |
1,400 | 35,727 | ||||||
Shinwa Co., Ltd. |
3,900 | 59,024 | ||||||
Shinwa Co., Ltd. |
2,200 | 12,016 | ||||||
Ship Healthcare Holdings, Inc. |
20,500 | 385,721 | ||||||
Shizuki Electric Co., Inc. |
8,000 | 27,168 | ||||||
Shizuoka Gas Co., Ltd. |
17,600 | 120,575 | ||||||
Shobunsha Holdings, Inc. (a) |
1,700 | 3,479 | ||||||
Shoei Co., Ltd. |
6,300 | 228,294 | ||||||
Shoei Foods Corp. (d) |
3,400 | 97,422 | ||||||
Shofu, Inc. |
3,500 | 56,432 | ||||||
Showa Sangyo Co., Ltd. |
5,700 | 97,665 | ||||||
SIGMAXYZ Holdings, Inc. |
7,200 | 55,674 | ||||||
Siix Corp. |
9,600 | 72,225 | ||||||
Silver Life Co., Ltd. (a) |
900 | 8,210 | ||||||
Sinanen Holdings Co., Ltd. |
2,900 | 77,905 | ||||||
Sinfonia Technology Co., Ltd. |
7,400 | 68,755 | ||||||
Sinko Industries, Ltd. |
6,400 | 65,724 | ||||||
Sintokogio, Ltd. |
13,500 | 63,885 | ||||||
SK-Electronics Co., Ltd. |
2,700 | 22,478 | ||||||
SKY Perfect JSAT Holdings, Inc. |
43,700 | 156,293 | ||||||
Smaregi, Inc. (a)(d) |
1,200 | 9,781 | ||||||
SMK Corp. |
1,700 | 27,242 | ||||||
SMS Co., Ltd. |
12,800 | 255,762 | ||||||
Snow Peak, Inc. (d) |
5,400 | 82,130 | ||||||
SNT Corp. |
7,300 | 10,705 | ||||||
Soda Nikka Co., Ltd. |
7,000 | 28,492 | ||||||
Sodick Co., Ltd. (d) |
14,500 | 76,087 | ||||||
Soft99 Corp. |
5,100 | 38,710 | ||||||
Softcreate Holdings Corp. (d) |
2,300 | 48,682 | ||||||
Software Service, Inc. |
1,100 | 63,152 | ||||||
Soiken Holdings, Inc. |
2,100 | 5,501 | ||||||
Soken Chemical & Engineering Co. Ltd. |
700 | 8,960 | ||||||
Solasto Corp. |
12,800 | 75,482 | ||||||
Soliton Systems KK |
2,500 | 17,593 | ||||||
Solxyz Co., Ltd. |
1,400 | 3,439 | ||||||
Sotetsu Holdings, Inc. (d) |
8,800 | 145,908 | ||||||
Sotoh Co., Ltd. (d) |
3,100 | 14,833 | ||||||
Space Co., Ltd. |
5,060 | 29,813 | ||||||
Sparx Group Co., Ltd. |
5,840 | 53,550 | ||||||
SPK Corp. |
3,400 | 32,472 | ||||||
Sprix, Ltd. |
1,300 | 8,493 | ||||||
SRA Holdings |
3,100 | 63,792 | ||||||
SRE Holdings Corp. (a) |
1,200 | 25,826 | ||||||
ST Corp. |
4,100 | 42,555 | ||||||
St-Care Holding Corp. |
2,300 | 12,954 | ||||||
St. Marc Holdings Co., Ltd. |
5,100 | 56,570 | ||||||
Star Mica Holdings Co., Ltd. |
3,000 | 32,243 | ||||||
Star Micronics Co., Ltd. |
9,200 | 103,733 | ||||||
Starts Corp., Inc. |
8,700 | 159,101 | ||||||
Starzen Co., Ltd. |
4,400 | 61,449 | ||||||
Stella Chemifa Corp. |
3,600 | 62,500 | ||||||
Step Co., Ltd. |
3,300 | 40,587 | ||||||
Strike Co., Ltd. |
2,200 | 58,016 | ||||||
Studio Alice Co., Ltd. |
2,900 | 42,853 | ||||||
Subaru Enterprise Co., Ltd. |
100 | 6,158 | ||||||
Sugimoto & Co., Ltd. |
3,000 | 37,713 | ||||||
Sumida Corp. |
8,600 | 60,217 | ||||||
Suminoe Textile Co., Ltd. |
2,300 | 27,183 | ||||||
Sumitomo Bakelite Co., Ltd. |
7,900 | 217,010 | ||||||
Sumitomo Densetsu Co., Ltd. |
5,400 | 96,868 | ||||||
Sumitomo Mitsui Construction Co., Ltd. |
48,760 | 150,081 | ||||||
Sumitomo Osaka Cement Co., Ltd. (d) |
9,900 | 223,155 | ||||||
Sumitomo Precision Products Co., Ltd. |
1,200 | 20,799 | ||||||
Sumitomo Riko Co., Ltd. |
11,500 | 44,810 | ||||||
Sumitomo Seika Chemicals Co., Ltd. |
2,700 | 55,685 | ||||||
Sumitomo Warehouse Co., Ltd. (The) (d) |
16,500 | 224,981 | ||||||
Sun Frontier Fudousan Co., Ltd. (d) |
10,100 | 78,272 | ||||||
Sun-Wa Technos Corp. |
3,900 | 34,388 | ||||||
Suncall Corp. |
8,300 | 37,556 | ||||||
Suruga Bank, Ltd. |
39,500 | 101,651 | ||||||
Suzuki Co., Ltd. |
3,300 | 19,234 | ||||||
SWCC Showa Holdings Co., Ltd. |
7,600 | 91,250 | ||||||
System Information Co., Ltd. |
2,800 | 17,578 | ||||||
System Research Co., Ltd. |
1,200 | 15,003 | ||||||
Systems Engineering Consultants Co., Ltd. |
600 | 8,902 | ||||||
Systena Corp. |
63,200 | 174,971 | ||||||
Syuppin Co., Ltd. |
6,100 | 53,593 | ||||||
T Hasegawa Co., Ltd. (d) |
8,400 | 172,790 | ||||||
T RAD Co., Ltd. |
1,900 | 32,741 | ||||||
T&K Toka Co., Ltd. |
7,200 | 43,657 |
BHFTII-89
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Japan(Continued) | ||||||||
T-Gaia Corp. (d) |
6,000 | $ | 67,998 | |||||
Tachi-S Co., Ltd. (d) |
10,300 | 76,353 | ||||||
Tachibana Eletech Co., Ltd. |
5,640 | 60,736 | ||||||
Tachikawa Corp. |
3,100 | 22,315 | ||||||
Tadano, Ltd. |
31,400 | 183,172 | ||||||
Taihei Dengyo Kaisha, Ltd. |
4,500 | 103,994 | ||||||
Taiheiyo Cement Corp. (d) |
10,400 | 146,985 | ||||||
Taiheiyo Kouhatsu, Inc. |
2,100 | 9,319 | ||||||
Taiho Kogyo Co., Ltd. |
6,400 | 29,866 | ||||||
Taikisha, Ltd. (d) |
8,100 | 180,398 | ||||||
Taiko Bank, Ltd. (The) |
3,100 | 27,769 | ||||||
Taisei Lamick Co., Ltd. |
2,200 | 41,697 | ||||||
Taiyo Holdings Co., Ltd. |
9,800 | 163,046 | ||||||
Takachiho Koheki Co., Ltd. |
400 | 5,557 | ||||||
Takamatsu Construction Group Co., Ltd. |
5,400 | 70,216 | ||||||
Takamiya Co., Ltd. |
5,200 | 13,894 | ||||||
Takano Co., Ltd. (d) |
4,600 | 21,343 | ||||||
Takaoka Toko Co., Ltd. |
4,365 | 53,279 | ||||||
Takara & Co., Ltd. |
1,300 | 19,188 | ||||||
Takara Bio, Inc. |
11,100 | 129,617 | ||||||
Takara Holdings, Inc. |
36,400 | 266,321 | ||||||
Takara Leben Co., Ltd. |
28,600 | 76,179 | ||||||
Takara Standard Co., Ltd. (d) |
9,300 | 83,315 | ||||||
Takasago International Corp. |
4,200 | 76,930 | ||||||
Takasago Thermal Engineering Co., Ltd. (d) |
11,100 | 130,681 | ||||||
Takashima & Co., Ltd. |
2,500 | 42,313 | ||||||
Takashimaya Co., Ltd. |
38,500 | 455,788 | ||||||
Takemoto Yohki Co., Ltd. |
1,200 | 6,240 | ||||||
Takeuchi Manufacturing Co., Ltd. |
10,400 | 191,639 | ||||||
Takihyo Co., Ltd. |
2,000 | 10,564 | ||||||
Takisawa Machine Tool Co., Ltd. (d) |
2,200 | 16,068 | ||||||
Takuma Co., Ltd. |
12,900 | 110,714 | ||||||
Tama Home Co., Ltd. |
4,800 | 77,689 | ||||||
Tamron Co., Ltd. |
6,000 | 120,511 | ||||||
Tamura Corp. (d) |
26,000 | 123,041 | ||||||
Tanseisha Co., Ltd. |
11,750 | 61,779 | ||||||
Tatsuta Electric Wire and Cable Co., Ltd. |
14,200 | 42,830 | ||||||
Tayca Corp. (d) |
5,200 | 44,097 | ||||||
Tazmo Co., Ltd. |
2,500 | 22,521 | ||||||
TBK Co., Ltd. |
8,000 | 16,152 | ||||||
TDC Soft, Inc. |
4,900 | 41,955 | ||||||
TechMatrix Corp. (d) |
9,800 | 112,795 | ||||||
TECHNO ASSOCIE Co., Ltd. |
300 | 2,256 | ||||||
Techno Medica Co., Ltd. |
2,400 | 26,395 | ||||||
Techno Ryowa, Ltd. |
4,800 | 28,487 | ||||||
Teijin, Ltd. (d) |
5,100 | 49,480 | ||||||
Teikoku Electric Manufacturing Co., Ltd. |
6,000 | 75,780 | ||||||
Teikoku Sen-I Co., Ltd. |
4,900 | 52,417 | ||||||
Teikoku Tsushin Kogyo Co., Ltd. |
3,000 | 29,526 | ||||||
Tekken Corp. |
2,700 | 33,129 | ||||||
Temairazu, Inc. |
700 | 25,407 | ||||||
Tenma Corp. (d) |
5,700 | 75,372 | ||||||
Teraoka Seisakusho Co., Ltd. |
200 | 462 | ||||||
Terilogy Co., Ltd. |
1,600 | 3,655 | ||||||
Tess Holdings Co., Ltd. |
1,300 | 8,511 | ||||||
Tigers Polymer Corp. |
2,200 | 6,128 | ||||||
TKC Corp. (d) |
7,400 | 175,688 | ||||||
Toa Corp. |
9,600 | 50,740 | ||||||
Toa Corp. (d) |
5,200 | 89,516 | ||||||
Toa Oil Co., Ltd. (a) |
2,300 | 34,909 | ||||||
TOA ROAD Corp. |
1,400 | 56,370 | ||||||
Toagosei Co., Ltd. |
30,800 | 230,064 | ||||||
Tobishima Corp. |
5,560 | 39,898 | ||||||
TOC Co., Ltd. (d) |
14,300 | 69,216 | ||||||
Tocalo Co., Ltd. (d) |
17,400 | 141,151 | ||||||
Tochigi Bank, Ltd. (The) (d) |
38,200 | 72,429 | ||||||
Toda Corp. (d) |
36,000 | 185,421 | ||||||
Toda Kogyo Corp. (a) |
600 | 10,769 | ||||||
Toei Co., Ltd. |
400 | 47,662 | ||||||
Toell Co., Ltd. |
3,100 | 15,946 | ||||||
Toenec Corp. |
2,400 | 56,527 | ||||||
Toho Bank, Ltd. (The) (d) |
57,800 | 80,936 | ||||||
Toho Co., Ltd. |
2,700 | 29,698 | ||||||
Toho Holdings Co., Ltd. (d) |
13,700 | 183,697 | ||||||
Toho Titanium Co., Ltd. (d) |
11,300 | 185,017 | ||||||
Toho Zinc Co., Ltd. |
5,000 | 75,263 | ||||||
Tohoku Bank, Ltd. (The) (d) |
4,700 | 30,828 | ||||||
Tohokushinsha Film Corp. |
4,800 | 21,338 | ||||||
Tokai Carbon Co., Ltd. (d) |
52,000 | 352,815 | ||||||
Tokai Corp. |
7,400 | 91,230 | ||||||
TOKAI Holdings Corp. (d) |
24,700 | 148,764 | ||||||
Tokai Lease Co., Ltd. |
1,600 | 16,053 | ||||||
Tokai Rika Co., Ltd. (d) |
15,500 | 147,734 | ||||||
Tokai Tokyo Financial Holdings, Inc. (d) |
64,500 | 157,478 | ||||||
Token Corp. |
2,460 | 136,459 | ||||||
Tokushu Tokai Paper Co., Ltd. |
3,000 | 61,323 | ||||||
Tokuyama Corp. (d) |
19,200 | 231,415 | ||||||
Tokyo Base Co., Ltd. (a) |
4,100 | 8,774 | ||||||
Tokyo Electron Device, Ltd. (d) |
2,400 | 88,093 | ||||||
Tokyo Energy & Systems, Inc. |
8,000 | 53,466 | ||||||
Tokyo Individualized Educational Institute, Inc. |
2,500 | 9,509 | ||||||
Tokyo Keiki, Inc. |
4,200 | 35,177 | ||||||
Tokyo Kiraboshi Financial Group, Inc. (d) |
9,724 | 142,837 | ||||||
Tokyo Ohka Kogyo Co., Ltd. |
2,200 | 92,048 | ||||||
Tokyo Rakutenchi Co., Ltd. |
1,000 | 27,238 | ||||||
Tokyo Rope Manufacturing Co., Ltd. |
2,800 | 16,555 | ||||||
Tokyo Sangyo Co., Ltd. |
7,300 | 38,137 | ||||||
Tokyo Seimitsu Co., Ltd. (d) |
11,900 | 348,875 | ||||||
Tokyo Steel Manufacturing Co., Ltd. (d) |
21,400 | 186,860 | ||||||
Tokyo Tekko Co., Ltd. |
3,400 | 30,666 | ||||||
Tokyo Theatres Co., Inc. (d) |
2,900 | 23,279 | ||||||
Tokyotokeiba Co., Ltd. |
4,200 | 120,044 | ||||||
Tokyu Construction Co., Ltd. |
21,400 | 93,428 | ||||||
Tokyu Recreation Co., Ltd. |
1,200 | 49,047 | ||||||
Toli Corp. |
15,600 | 21,575 | ||||||
Tomato Bank, Ltd. (d) |
4,200 | 29,324 | ||||||
Tomen Devices Corp. (d) |
800 | 29,223 | ||||||
Tomoe Corp. |
9,800 | 27,460 | ||||||
Tomoe Engineering Co., Ltd. |
2,100 | 35,758 | ||||||
Tomoku Co., Ltd. |
3,900 | 38,382 | ||||||
TOMONY Holdings, Inc. (d) |
47,700 | 102,283 | ||||||
Tomy Co., Ltd. (d) |
25,100 | 215,157 | ||||||
Tonami Holdings Co., Ltd. |
1,800 | 43,772 | ||||||
Topcon Corp. (d) |
28,800 | 322,013 |
BHFTII-90
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Japan(Continued) | ||||||||
Topre Corp. (d) |
9,800 | $ | 75,295 | |||||
Topy Industries, Ltd. |
5,700 | 57,133 | ||||||
Torex Semiconductor, Ltd. |
500 | 8,721 | ||||||
Toridolll Holdings Corp. (d) |
11,600 | 239,838 | ||||||
Torigoe Co., Ltd. (The) (d) |
6,000 | 27,403 | ||||||
Torii Pharmaceutical Co., Ltd. |
4,500 | 89,768 | ||||||
Torishima Pump Manufacturing Co., Ltd. |
7,700 | 71,010 | ||||||
Tosei Corp. |
11,700 | 112,326 | ||||||
Toshiba TEC Corp. |
5,400 | 139,849 | ||||||
Totech Corp. |
700 | 15,905 | ||||||
Totetsu Kogyo Co., Ltd. (d) |
8,000 | 128,242 | ||||||
Tottori Bank, Ltd. (The) (d) |
3,700 | 27,854 | ||||||
Toukei Computer Co., Ltd. |
300 | 12,557 | ||||||
Tow Co., Ltd. |
11,000 | 23,132 | ||||||
Towa Bank, Ltd. (The) |
11,500 | 40,783 | ||||||
Towa Corp. (d) |
6,300 | 69,982 | ||||||
Towa Pharmaceutical Co., Ltd. |
8,400 | 122,777 | ||||||
Toyo Construction Co., Ltd. |
25,499 | 150,112 | ||||||
Toyo Corp. |
7,900 | 66,021 | ||||||
Toyo Denki Seizo KK |
3,200 | 19,096 | ||||||
Toyo Engineering Corp. (a) |
10,800 | 41,865 | ||||||
Toyo Gosei Co., Ltd. |
800 | 35,213 | ||||||
Toyo Ink SC Holdings Co., Ltd. |
10,300 | 135,393 | ||||||
Toyo Kanetsu KK |
2,400 | 40,781 | ||||||
Toyo Machinery & Metal Co., Ltd. |
6,000 | 23,282 | ||||||
Toyo Securities Co., Ltd. |
23,000 | 41,535 | ||||||
Toyo Tanso Co., Ltd. |
3,600 | 81,894 | ||||||
Toyo Tire Corp. |
18,400 | 200,001 | ||||||
Toyo Wharf & Warehouse Co., Ltd. |
2,500 | 19,951 | ||||||
Toyobo Co., Ltd. |
23,600 | 169,064 | ||||||
Toyoda Gosei Co., Ltd. |
4,100 | 62,029 | ||||||
TPR Co., Ltd. |
7,300 | 60,072 | ||||||
Traders Holdings Co., Ltd. |
2,800 | 8,465 | ||||||
Trancom Co., Ltd. (d) |
2,300 | 120,489 | ||||||
Trans Genic, Inc. (d) |
2,700 | 5,740 | ||||||
Transaction Co., Ltd. |
1,400 | 10,255 | ||||||
Transcosmos, Inc. |
4,200 | 108,593 | ||||||
Tri Chemical Laboratories, Inc. |
6,000 | 73,074 | ||||||
Trusco Nakayama Corp. |
10,400 | 143,445 | ||||||
TS Tech Co., Ltd. (d) |
20,700 | 203,400 | ||||||
TSI Holdings Co., Ltd. |
14,405 | 38,977 | ||||||
Tsubaki Nakashima Co., Ltd. |
13,000 | 101,223 | ||||||
Tsubakimoto Chain Co. (d) |
7,900 | 166,824 | ||||||
Tsubakimoto Kogyo Co., Ltd. |
1,600 | 40,231 | ||||||
Tsugami Corp. |
10,600 | 85,967 | ||||||
Tsukishima Kikai Co., Ltd. |
9,000 | 54,735 | ||||||
Tsukuba Bank, Ltd. |
34,500 | 44,195 | ||||||
Tsumura & Co. (d) |
15,200 | 323,333 | ||||||
Tsurumi Manufacturing Co., Ltd. (d) |
6,100 | 96,684 | ||||||
Tsutsumi Jewelry Co., Ltd. |
2,100 | 29,214 | ||||||
TV Asahi Holdings Corp. |
6,300 | 61,078 | ||||||
TV Tokyo Holdings Corp. |
1,800 | 23,510 | ||||||
TYK Corp. |
6,000 | 10,660 | ||||||
UACJ Corp. |
9,185 | 127,463 | ||||||
UBE Corp. (d) |
24,700 | 330,969 | ||||||
Ubicom Holdings, Inc. |
500 | 7,481 | ||||||
Uchida Yoko Co., Ltd. |
2,600 | 78,887 | ||||||
Ueki Corp. |
2,200 | 18,793 | ||||||
ULS Group, Inc. |
600 | 13,947 | ||||||
Ulvac, Inc. |
11,600 | 412,665 | ||||||
Union Tool Co. |
3,400 | 78,136 | ||||||
Unipres Corp. |
10,600 | 65,121 | ||||||
United Arrows, Ltd. |
800 | 10,056 | ||||||
United Super Markets Holdings, Inc. |
18,100 | 131,435 | ||||||
UNITED, Inc. (d) |
3,000 | 28,816 | ||||||
Unitika, Ltd. (a) (d) |
15,600 | 32,163 | ||||||
Universal Entertainment Corp. (a) (d) |
7,300 | 93,573 | ||||||
Urbanet Corp. Co., Ltd. |
4,500 | 9,331 | ||||||
Usen-Next Holdings Co., Ltd. |
2,700 | 36,905 | ||||||
Ushio, Inc. |
30,500 | 317,194 | ||||||
UT Group Co., Ltd. |
6,600 | 107,130 | ||||||
UUUM Co., Ltd. (a) |
1,800 | 11,174 | ||||||
Uzabase, Inc. (a) |
1,000 | 4,502 | ||||||
V Technology Co., Ltd. |
2,700 | 47,806 | ||||||
V-Cube, Inc. (d) |
2,100 | 13,351 | ||||||
Valor Holdings Co., Ltd. (d) |
11,800 | 145,189 | ||||||
Valqua, Ltd. (d) |
6,000 | 104,132 | ||||||
Value HR Co., Ltd. |
2,000 | 20,251 | ||||||
ValueCommerce Co., Ltd. |
4,300 | 65,956 | ||||||
Vector, Inc. |
8,200 | 62,392 | ||||||
Vertex Corp. |
3,000 | 27,330 | ||||||
Village Vanguard Co., Ltd. (a) |
2,300 | 17,011 | ||||||
VINX Corp. |
1,000 | 10,015 | ||||||
Visional, Inc. (a) |
1,200 | 73,344 | ||||||
Vital KSK Holdings, Inc. |
14,200 | 63,757 | ||||||
VT Holdings Co., Ltd. (d) |
24,300 | 80,016 | ||||||
Wacoal Holdings Corp. (d) |
12,400 | 184,068 | ||||||
Wacom Co., Ltd. |
39,500 | 191,817 | ||||||
Wakachiku Construction Co., Ltd. (d) |
4,600 | 71,163 | ||||||
Wakamoto Pharmaceutical Co., Ltd. (a) |
9,000 | 14,818 | ||||||
Wakita & Co., Ltd. |
11,200 | 89,963 | ||||||
Warabeya Nichiyo Holdings Co., Ltd. |
4,200 | 64,410 | ||||||
Waseda Academy Co., Ltd. |
1,400 | 10,030 | ||||||
Watahan & Co., Ltd. |
3,200 | 30,382 | ||||||
Watts Co., Ltd. (d) |
1,900 | 8,945 | ||||||
WDB Holdings Co., Ltd. |
2,700 | 44,748 | ||||||
Weathernews, Inc. |
1,500 | 77,127 | ||||||
Welbe, Inc. (a) |
2,300 | 12,496 | ||||||
Wellnet Corp. |
4,400 | 17,964 | ||||||
West Holdings Corp. (d) |
5,629 | 162,389 | ||||||
Will Group, Inc. |
4,200 | 39,784 | ||||||
WIN-Partners Co., Ltd. |
5,000 | 32,756 | ||||||
WingArc1st, Inc. |
900 | 11,464 | ||||||
Wood One Co., Ltd. |
2,600 | 18,569 | ||||||
World Co., Ltd. (d) |
5,000 | 48,121 | ||||||
World Holdings Co., Ltd. |
2,500 | 45,477 | ||||||
Wowow, Inc. |
2,200 | 20,235 | ||||||
Xebio Holdings Co., Ltd. |
8,700 | 58,025 | ||||||
Y.A.C. Holdings Co., Ltd. |
1,800 | 15,015 | ||||||
YA-MAN, Ltd. (d) |
8,800 | 71,110 | ||||||
Yachiyo Industry Co., Ltd. |
3,900 | 16,706 | ||||||
Yahagi Construction Co., Ltd. |
9,500 | 48,367 | ||||||
Yaizu Suisankagaku Industry Co., Ltd. (d) |
4,400 | 26,364 | ||||||
YAKUODO Holdings Co., Ltd. |
2,900 | 46,396 |
BHFTII-91
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Japan(Continued) | ||||||||
YAMABIKO Corp. |
11,500 | $ | 87,909 | |||||
YAMADA Consulting Group Co., Ltd. |
3,100 | 25,712 | ||||||
Yamagata Bank, Ltd. (The) |
9,300 | 63,988 | ||||||
Yamaguchi Financial Group, Inc. (d) |
57,500 | 305,390 | ||||||
Yamaichi Electronics Co., Ltd. |
7,500 | 92,914 | ||||||
Yamanashi Chuo Bank, Ltd. (The) (d) |
10,400 | 82,808 | ||||||
Yamashin-Filter Corp. |
5,200 | 13,019 | ||||||
Yamatane Corp. |
3,400 | 37,337 | ||||||
Yamato Corp. |
6,600 | 35,476 | ||||||
Yamato Kogyo Co., Ltd. (d) |
5,200 | 158,041 | ||||||
Yamaura Corp. |
2,800 | 18,431 | ||||||
Yamaya Corp. |
1,150 | 19,672 | ||||||
Yamazawa Co., Ltd. |
1,000 | 8,522 | ||||||
Yamazen Corp. |
19,500 | 122,784 | ||||||
Yaoko Co., Ltd. (d) |
3,300 | 149,685 | ||||||
Yashima Denki Co., Ltd. |
7,500 | 49,428 | ||||||
Yasuda Logistics Corp. |
4,900 | 30,689 | ||||||
Yasunaga Corp. |
1,700 | 7,698 | ||||||
Yellow Hat, Ltd. |
10,300 | 127,630 | ||||||
Yodogawa Steel Works, Ltd. |
6,800 | 111,711 | ||||||
Yokogawa Bridge Holdings Corp. (d) |
10,500 | 138,254 | ||||||
Yokorei Co., Ltd. (d) |
15,500 | 94,447 | ||||||
Yokowo Co., Ltd. |
4,300 | 56,152 | ||||||
Yomeishu Seizo Co., Ltd. |
2,400 | 29,547 | ||||||
Yondenko Corp. |
3,200 | 38,927 | ||||||
Yondoshi Holdings, Inc. |
4,600 | 54,656 | ||||||
Yonex Co., Ltd. |
5,400 | 49,779 | ||||||
Yorozu Corp. |
6,500 | 35,997 | ||||||
Yoshimura Food Holdings KK (a) |
2,000 | 6,695 | ||||||
Yoshinoya Holdings Co., Ltd. |
17,200 | 279,161 | ||||||
Yotai Refractories Co., Ltd. |
4,100 | 39,336 | ||||||
Yuasa Funashoku Co., Ltd. |
1,300 | 23,526 | ||||||
Yuasa Trading Co., Ltd. |
5,800 | 140,413 | ||||||
Yuken Kogyo Co., Ltd. |
1,700 | 20,614 | ||||||
Yukiguni Maitake Co., Ltd. |
2,100 | 14,484 | ||||||
Yurtec Corp. |
12,000 | 58,530 | ||||||
Yushin Precision Equipment Co., Ltd. |
2,900 | 14,145 | ||||||
Yushiro Chemical Industry Co., Ltd. |
3,700 | 21,058 | ||||||
Yutaka Giken Co., Ltd. |
600 | 7,090 | ||||||
Zaoh Co., Ltd. |
800 | 9,803 | ||||||
Zenrin Co., Ltd. |
9,750 | 60,095 | ||||||
ZERIA Pharmaceutical Co., Ltd. |
2,800 | 39,878 | ||||||
ZIGExN Co., Ltd. |
8,400 | 19,895 | ||||||
Zojirushi Corp. |
800 | 8,632 | ||||||
Zuiko Corp. |
4,000 | 18,799 | ||||||
|
|
|||||||
119,278,812 | ||||||||
|
|
|||||||
Jersey, Channel Islands0.1% | ||||||||
Centamin plc |
366,127 | 364,889 | ||||||
JTC plc (d) |
8,447 | 64,694 | ||||||
|
|
|||||||
429,583 | ||||||||
|
|
|||||||
Liechtenstein0.1% | ||||||||
Liechtensteinische Landesbank AG |
3,540 | 198,834 | ||||||
VP Bank AGClass A |
1,049 | 94,137 | ||||||
|
|
|||||||
292,971 | ||||||||
|
|
|||||||
Luxembourg0.3% | ||||||||
ADLER Group S.A. (144A) (a)(d) |
1,495 | 3,080 | ||||||
APERAM S.A. |
14,725 | 344,271 | ||||||
Befesa S.A. |
8,330 | 254,099 | ||||||
LOccitane International S.A. |
51,500 | 154,969 | ||||||
SES S.A. |
79,768 | 437,143 | ||||||
|
|
|||||||
1,193,562 | ||||||||
|
|
|||||||
Macau0.1% | ||||||||
MECOM Power and Construction, Ltd. |
141,000 | 32,996 | ||||||
SJM Holdings, Ltd. (a) |
486,249 | 180,802 | ||||||
|
|
|||||||
213,798 | ||||||||
|
|
|||||||
Malta0.0% | ||||||||
Gaming Innovation Group, Inc. (a) |
5,882 | 12,077 | ||||||
|
|
|||||||
Mongolia0.0% | ||||||||
Mongolian Mining Corp. (a)(d) |
33,000 | 7,536 | ||||||
Turquoise Hill Resources, Ltd. (a) |
3,153 | 93,234 | ||||||
|
|
|||||||
100,770 | ||||||||
|
|
|||||||
Netherlands2.2% | ||||||||
Aalberts NV |
31,181 | 1,018,869 | ||||||
Acomo NV |
2,850 | 52,116 | ||||||
Alfen Beheer B.V. (a) |
4,827 | 443,380 | ||||||
AMG Advanced Metallurgical Group NV |
10,120 | 228,173 | ||||||
Arcadis NV |
26,950 | 872,337 | ||||||
ASR Nederland NV |
34,469 | 1,325,133 | ||||||
Basic-Fit NV (a)(d) |
8,733 | 261,330 | ||||||
BE Semiconductor Industries NV |
14,002 | 595,937 | ||||||
Beter Bed Holding NV (d) |
5,373 | 15,918 | ||||||
Brack Capital Properties NV (a) |
856 | 98,441 | ||||||
Brunel International NV |
8,065 | 67,216 | ||||||
Corbion NV |
16,447 | 409,047 | ||||||
CTP NV (144A) |
3,536 | 36,516 | ||||||
Flow Traders |
10,451 | 197,004 | ||||||
ForFarmers NV (d) |
10,101 | 23,287 | ||||||
Fugro NV (a) |
23,967 | 243,536 | ||||||
Heijmans NV |
8,518 | 79,197 | ||||||
Hunter Douglas NV (a) |
125 | 21,408 | ||||||
Intertrust NV (a) |
15,775 | 302,276 | ||||||
Kendrion NV |
4,279 | 57,851 | ||||||
Koninklijke BAM Groep NV (a) |
99,485 | 244,584 | ||||||
Koninklijke Vopak NV |
11,807 | 215,405 | ||||||
Lucas Bols B.V. (a) |
1,325 | 12,960 | ||||||
MFE-MediaForEurope NV - Class A |
267,783 | 78,926 | ||||||
MFE-MediaForEurope NV - Class B (d) |
95,311 | 42,015 | ||||||
Nedap NV |
1,849 | 96,991 | ||||||
New World Resources plc (a) (b) (c) |
11,898 | 0 | ||||||
OCI NV |
19,201 | 706,038 | ||||||
Ordina NV |
33,735 | 125,006 | ||||||
Pharming Group NV (a) |
76,183 | 78,804 | ||||||
PostNL NV (d) |
166,665 | 277,849 | ||||||
Rhi Magnesita NV |
4,696 | 88,559 | ||||||
SBM Offshore NV |
44,193 | 552,303 | ||||||
Shop Apotheke Europe NV (144A) (a) |
680 | 27,607 |
BHFTII-92
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Netherlands(Continued) | ||||||||
SIF Holding NV (d) |
1,259 | $ | 11,860 | |||||
Signify NV |
31,954 | 827,003 | ||||||
Sligro Food Group NV |
8,989 | 116,531 | ||||||
SNS REAAL NV (a) (b) (c) |
105,329 | 0 | ||||||
TKH Group NV |
11,770 | 379,610 | ||||||
TomTom NV (a) (d) |
22,362 | 159,862 | ||||||
Van Lanschot Kempen NV |
6,057 | 117,125 | ||||||
|
|
|||||||
10,508,010 | ||||||||
|
|
|||||||
New Zealand0.5% | ||||||||
Air New Zealand, Ltd. (a) |
216,039 | 86,563 | ||||||
Arvida Group, Ltd. |
93,358 | 75,319 | ||||||
Briscoe Group, Ltd. |
13,123 | 38,838 | ||||||
Channel Infrastructure NZ, Ltd. (a) |
39,302 | 30,795 | ||||||
Chorus, Ltd. |
82,944 | 351,895 | ||||||
Delegat Group, Ltd. |
6,671 | 38,194 | ||||||
Eroad, Ltd. (a)(d) |
4,808 | 4,178 | ||||||
Freightways, Ltd. |
28,712 | 157,579 | ||||||
Gentrack Group, Ltd. (a) |
7,810 | 6,318 | ||||||
Hallenstein Glasson Holdings, Ltd. |
13,182 | 38,304 | ||||||
Heartland Group Holdings, Ltd. |
117,647 | 108,968 | ||||||
Investore Property, Ltd. (REIT) |
46,089 | 39,227 | ||||||
KMD Brands Ltd. |
106,864 | 62,885 | ||||||
Manawa Energy, Ltd. |
13,980 | 44,758 | ||||||
Michael Hill International, Ltd. |
82,929 | 60,850 | ||||||
NZME, Ltd. |
71,247 | 46,331 | ||||||
NZX, Ltd. |
77,106 | 51,821 | ||||||
Oceania Healthcare, Ltd. |
108,974 | 55,558 | ||||||
Pacific Edge, Ltd. (a) (d) |
89,677 | 25,111 | ||||||
PGG Wrightson, Ltd. |
5,854 | 14,386 | ||||||
Pushpay Holdings, Ltd. (a) |
129,936 | 79,634 | ||||||
Restaurant Brands New Zealand, Ltd. |
7,507 | 32,150 | ||||||
Sanford, Ltd. (a) (d) |
17,782 | 41,647 | ||||||
Scales Corp., Ltd. |
25,709 | 71,054 | ||||||
Serko, Ltd. (a) |
5,880 | 10,501 | ||||||
Skellerup Holdings, Ltd. |
44,588 | 133,969 | ||||||
SKY Network Television, Ltd. |
45,879 | 55,087 | ||||||
SKYCITY Entertainment Group, Ltd. (a) |
180,796 | 273,621 | ||||||
Steel & Tube Holdings, Ltd. |
51,732 | 40,031 | ||||||
Summerset Group Holdings, Ltd. |
22,213 | 134,154 | ||||||
Synlait Milk, Ltd. (a) |
17,226 | 34,119 | ||||||
Tourism Holdings, Ltd. (a) |
26,255 | 41,105 | ||||||
TOWER, Ltd. |
53,852 | 19,276 | ||||||
Turners Automotive Group, Ltd. |
8,394 | 16,606 | ||||||
Warehouse Group, Ltd. (The) |
26,369 | 45,669 | ||||||
|
|
|||||||
2,366,501 | ||||||||
|
|
|||||||
Norway0.8% | ||||||||
2020 Bulkers, Ltd. (a) (d) |
3,023 | 23,674 | ||||||
ABG Sundal Collier Holding ASA |
134,443 | 67,843 | ||||||
Akastor ASA (a)(d) |
47,184 | 37,221 | ||||||
Aker Carbon Capture ASA (a) |
38,063 | 48,573 | ||||||
Aker Solutions ASA |
65,910 | 230,572 | ||||||
American Shipping Co. ASA (a) |
16,816 | 54,063 | ||||||
Arcticzymes Technologies ASA (a) (d) |
4,578 | 30,132 | ||||||
Atea ASA (a) |
18,057 | 159,779 | ||||||
Axactor ASA (a) (d) |
50,628 | 25,163 | ||||||
B2Holding ASA |
54,575 | 37,386 | ||||||
Belships ASA (d) |
6,016 | 7,533 | ||||||
Bonheur ASA |
8,017 | 227,131 | ||||||
Borregaard ASA |
4,600 | 54,304 | ||||||
Bouvet ASA |
9,623 | 48,031 | ||||||
BW Energy, Ltd. (a) |
25,534 | 50,193 | ||||||
BW Offshore, Ltd. |
24,958 | 52,273 | ||||||
Cloudberry Clean Energy ASA (a) |
5,774 | 6,128 | ||||||
Crayon Group Holding ASA (a) |
9,599 | 74,095 | ||||||
DNO ASA |
137,884 | 156,205 | ||||||
Elmera Group ASA |
4,940 | 6,998 | ||||||
Europris ASA |
48,402 | 241,104 | ||||||
Frontline, Ltd. (d) |
22,745 | 252,130 | ||||||
Grieg Seafood ASA |
13,378 | 90,235 | ||||||
Hexagon Composites ASA (a) |
36,341 | 79,417 | ||||||
Hunter Group ASA (a) (d) |
44,041 | 8,805 | ||||||
IDEX Biometrics ASA (a) (d) |
200,592 | 13,746 | ||||||
Itera ASA |
17,553 | 20,324 | ||||||
Kid ASA |
4,010 | 26,897 | ||||||
Kitron ASA |
28,832 | 49,613 | ||||||
Kongsberg Automotive ASA (a) (d) |
222,670 | 44,095 | ||||||
Magnora ASA (a) |
5,982 | 11,937 | ||||||
Medistim ASA |
1,762 | 33,629 | ||||||
MPC Container Ships ASA |
39,419 | 65,700 | ||||||
Multiconsult ASA |
1,528 | 18,457 | ||||||
Nekkar ASA (a) (d) |
8,927 | 5,270 | ||||||
Next Biometrics Group A/S (a) |
16,529 | 5,893 | ||||||
Norske Skog ASA (a) |
5,807 | 29,219 | ||||||
Norway Royal Salmon ASA (a) |
3,997 | 54,181 | ||||||
Norwegian Air Shuttle ASA (a) |
68,212 | 45,089 | ||||||
Norwegian Energy Co. ASA (a) |
3,930 | 126,875 | ||||||
Odfjell Drilling, Ltd. (a) |
25,648 | 56,187 | ||||||
Odfjell SE - A Shares |
1,949 | 11,207 | ||||||
OKEA ASA |
884 | 2,928 | ||||||
Otello Corp. ASA |
150 | 115 | ||||||
Pareto Bank ASA |
2,287 | 9,203 | ||||||
PGS ASA (a) |
142,218 | 82,066 | ||||||
Protector Forsikring ASA |
25,433 | 262,348 | ||||||
REC Silicon ASA (a) |
64,361 | 107,399 | ||||||
Selvaag Bolig ASA |
14,928 | 43,508 | ||||||
Sparebank 1 Oestlandet |
1,802 | 17,726 | ||||||
SpareBank 1 Sorost-Norge |
3,854 | 17,888 | ||||||
Sparebanken More |
2,450 | 15,749 | ||||||
Stolt-Nielsen, Ltd. |
6,538 | 130,099 | ||||||
TGS ASA |
19,519 | 237,775 | ||||||
Treasure ASA |
21,003 | 30,694 | ||||||
Ultimovacs ASA (a) |
1,682 | 9,281 | ||||||
Veidekke ASA |
28,524 | 212,643 | ||||||
Wilh Wilhelmsen Holding ASA - Class A |
3,078 | 54,772 | ||||||
XXL ASA |
45,078 | 18,457 | ||||||
|
|
|||||||
3,939,958 | ||||||||
|
|
|||||||
Peru0.0% | ||||||||
Hochschild Mining plc |
95,965 | 62,918 | ||||||
|
|
BHFTII-93
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Philippines0.0% | ||||||||
Del Monte Pacific, Ltd. |
77,636 | $ | 16,705 | |||||
|
|
|||||||
Portugal0.4% | ||||||||
Altri SGPS S.A. (d) |
27,747 | 139,884 | ||||||
Banco Comercial Portugues S.A. - Class R (d) |
2,143,248 | 253,737 | ||||||
Corticeira Amorim SGPS S.A. |
2,047 | 18,245 | ||||||
CTT-Correios de Portugal S.A. (d) |
47,697 | 125,526 | ||||||
Greenvolt-Energias Renovaveis S.A. (a) |
7,502 | 62,678 | ||||||
Mota-Engil SGPS S.A. (d) |
25,385 | 26,139 | ||||||
Navigator Co. S.A. (The) |
71,289 | 241,562 | ||||||
NOS SGPS S.A. (d) |
74,998 | 244,880 | ||||||
Novabase SGPS S.A. (a) |
7,827 | 32,664 | ||||||
REN - Redes Energeticas Nacionais SGPS S.A. |
122,322 | 288,514 | ||||||
Sonae SGPS S.A. |
309,228 | 248,597 | ||||||
|
|
|||||||
1,682,426 | ||||||||
|
|
|||||||
Singapore1.4% | ||||||||
Abterra, Ltd. (a) (b) (c) |
51,720 | 0 | ||||||
AEM Holdings, Ltd. |
38,400 | 105,727 | ||||||
Avarga, Ltd. (a) |
46,000 | 5,886 | ||||||
Banyan Tree Holdings, Ltd. (a) |
97,700 | 19,067 | ||||||
Best World International, Ltd. (a) (b) (c) |
17,862 | 12,685 | ||||||
BOC Aviation, Ltd. (d) |
18,200 | 128,307 | ||||||
Bonvests Holdings, Ltd. |
18,000 | 11,655 | ||||||
Boustead Projects, Ltd. |
24,607 | 14,178 | ||||||
Boustead Singapore, Ltd. |
82,025 | 43,957 | ||||||
Bukit Sembawang Estates, Ltd. |
56,100 | 174,661 | ||||||
BW LPG, Ltd. |
21,752 | 157,627 | ||||||
Capitaland India Trust |
242,700 | 176,457 | ||||||
Centurion Corp., Ltd. |
98,400 | 25,684 | ||||||
China Aviation Oil Singapore Corp., Ltd. |
83,000 | 42,665 | ||||||
Chip Eng Seng Corp., Ltd. |
136,300 | 66,143 | ||||||
Chuan Hup Holdings, Ltd. |
125,000 | 19,134 | ||||||
ComfortDelGro Corp., Ltd. |
427,500 | 390,979 | ||||||
COSCO Shipping International Singapore Co., Ltd. (a) |
332,100 | 39,953 | ||||||
Creative Technology, Ltd. (a) |
16,300 | 19,092 | ||||||
CSE Global, Ltd. |
114,300 | 33,708 | ||||||
CW Group Holdings, Ltd. (a) (b) (c) |
106,000 | 0 | ||||||
Delfi, Ltd. |
80,600 | 40,043 | ||||||
Ezion Holdings, Ltd. (a) (b) (c) |
753,729 | 0 | ||||||
Ezra Holdings, Ltd. (a) (b) (c) |
1,000,703 | 1,435 | ||||||
Far East Orchard, Ltd. |
76,120 | 54,585 | ||||||
First Resources, Ltd. |
141,400 | 136,871 | ||||||
Food Empire Holdings, Ltd. |
54,000 | 18,775 | ||||||
Fraser and Neave, Ltd. |
36,400 | 30,867 | ||||||
Frencken Group, Ltd. |
57,600 | 38,565 | ||||||
Fu Yu Corp., Ltd. |
98,800 | 16,396 | ||||||
Gallant Venture, Ltd. (a) |
257,900 | 22,902 | ||||||
Geo Energy Resources, Ltd. |
155,000 | 39,434 | ||||||
GK Goh Holdings, Ltd. |
12,000 | 7,658 | ||||||
Golden Agri-Resources, Ltd. |
1,411,300 | 259,853 | ||||||
Golden Energy & Resources, Ltd. (a) |
69,000 | 38,272 | ||||||
GuocoLand, Ltd. |
68,800 | 78,626 | ||||||
Hafnia, Ltd. |
14,810 | 60,535 | ||||||
Halcyon Agri Corp., Ltd. (a) |
155,813 | 20,754 | ||||||
Haw Par Corp., Ltd. |
29,700 | 211,272 | ||||||
Hiap Hoe, Ltd. |
58,000 | 30,282 | ||||||
Ho Bee Land, Ltd. |
49,800 | 87,765 | ||||||
Hong Fok Corp., Ltd. |
107,140 | 72,538 | ||||||
Hong Leong Asia, Ltd. |
52,600 | 25,306 | ||||||
Hong Leong Finance, Ltd. |
43,900 | 72,296 | ||||||
Hotel Grand Central, Ltd. |
26,435 | 17,117 | ||||||
Hour Glass, Ltd. (The) |
75,300 | 109,747 | ||||||
Hrnet Group, Ltd. |
67,700 | 34,834 | ||||||
Hyflux, Ltd. (a) (b) (c) |
179,500 | 0 | ||||||
iFAST Corp., Ltd. |
25,500 | 70,364 | ||||||
IGG, Inc. (a) |
227,000 | 69,436 | ||||||
Indofood Agri Resources, Ltd. |
152,000 | 32,279 | ||||||
InnoTek, Ltd. |
17,400 | 5,339 | ||||||
Japfa, Ltd. |
98,670 | 38,011 | ||||||
Kenon Holdings, Ltd. |
4,787 | 163,715 | ||||||
Keppel Infrastructure Trust |
849,718 | 319,279 | ||||||
KSH Holdings, Ltd. |
25,700 | 5,950 | ||||||
Low Keng Huat Singapore, Ltd. |
122,600 | 34,571 | ||||||
Metro Holdings, Ltd. |
141,600 | 66,438 | ||||||
Mewah International, Inc. |
110,000 | 24,508 | ||||||
Midas Holdings, Ltd. (a) (b) (c) |
452,000 | 0 | ||||||
mm2 Asia, Ltd. (a) |
299,600 | 8,771 | ||||||
Nanofilm Technologies International, Ltd. |
29,200 | 42,285 | ||||||
NetLink NBN Trust |
326,100 | 205,370 | ||||||
NSL, Ltd. |
15,000 | 8,668 | ||||||
Overseas Union Enterprise, Ltd. |
70,300 | 63,570 | ||||||
Oxley Holdings, Ltd. |
268,718 | 29,645 | ||||||
Pan-United Corp., Ltd. |
53,750 | 15,682 | ||||||
Propnex, Ltd. |
7,700 | 8,051 | ||||||
PSC Corp, Ltd. |
19,000 | 4,414 | ||||||
Q&M Dental Group Singapore, Ltd. |
50,160 | 11,898 | ||||||
QAF, Ltd. |
74,167 | 43,123 | ||||||
Raffles Education Corp., Ltd. (a) |
335,506 | 12,602 | ||||||
Raffles Medical Group, Ltd. |
229,411 | 212,766 | ||||||
Rickmers Maritime (a) (b) (c) |
110,000 | 0 | ||||||
SATS, Ltd. (a) |
93,000 | 193,909 | ||||||
SBS Transit, Ltd. |
25,600 | 48,202 | ||||||
Sembcorp Marine, Ltd. (a) |
2,781,900 | 203,454 | ||||||
Sheng Siong Group, Ltd. |
146,100 | 160,538 | ||||||
SHS Holdings, Ltd. (a) |
47,000 | 4,736 | ||||||
SIA Engineering Co., Ltd. (a) |
55,200 | 85,604 | ||||||
SIIC Environment Holdings, Ltd. |
220,300 | 27,042 | ||||||
Sinarmas Land, Ltd. |
618,500 | 83,755 | ||||||
Sing Holdings, Ltd. |
82,000 | 20,554 | ||||||
Singapore Land Group, Ltd. |
20,800 | 33,915 | ||||||
Singapore Post, Ltd. |
414,200 | 157,469 | ||||||
Stamford Land Corp., Ltd. |
304,601 | 78,461 | ||||||
StarHub, Ltd. |
117,100 | 89,773 | ||||||
Straits Trading Co., Ltd. |
8,024 | 13,576 | ||||||
Swiber Holdings, Ltd. (a) (b) (c) |
117,749 | 0 | ||||||
Thomson Medical Group, Ltd. |
328,600 | 18,223 | ||||||
Tuan Sing Holdings, Ltd. |
184,839 | 40,699 | ||||||
UMS Holdings, Ltd. |
145,312 | 126,720 | ||||||
United Overseas Insurance, Ltd. |
4,000 | 18,660 | ||||||
UOB-Kay Hian Holdings, Ltd. |
128,856 | 121,155 | ||||||
Vicom, Ltd. |
26,000 | 36,202 |
BHFTII-94
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Singapore(Continued) | ||||||||
Wee Hur Holdings, Ltd. |
85,000 | $ | 12,091 | |||||
Wing Tai Holdings, Ltd. |
119,321 | 125,951 | ||||||
XP Power, Ltd. |
4,868 | 91,240 | ||||||
Yeo Hiap Seng, Ltd. |
20,155 | 10,098 | ||||||
|
|
|||||||
6,313,055 | ||||||||
|
|
|||||||
South Africa0.2% | ||||||||
Investec plc |
59,104 | 237,950 | ||||||
Mediclinic International plc |
122,923 | 675,088 | ||||||
Scatec ASA (144A) |
5,140 | 35,004 | ||||||
|
|
|||||||
948,042 | ||||||||
|
|
|||||||
Spain2.2% | ||||||||
Acerinox S.A. |
66,512 | 530,036 | ||||||
Alantra Partners S.A. |
6,139 | 69,241 | ||||||
Almirall S.A. |
22,083 | 212,739 | ||||||
Amper S.A. (a) |
224,339 | 32,176 | ||||||
Applus Services S.A. |
33,014 | 185,182 | ||||||
Atresmedia Corp. de Medios de Comunicacion S.A. |
31,355 | 80,722 | ||||||
Azkoyen S.A. |
3,142 | 17,756 | ||||||
Banco de Sabadell S.A. |
1,485,718 | 990,848 | ||||||
Bankinter S.A. |
180,931 | 1,014,401 | ||||||
Caja de Ahorros del Mediterraneo (a) (b) (c) (d) |
14,621 | 0 | ||||||
Cia de Distribucion Integral Logista Holdings S.A. |
12,772 | 232,411 | ||||||
Cie Automotive S.A. (d) |
13,586 | 280,973 | ||||||
Construcciones y Auxiliar de Ferrocarriles S.A. |
5,880 | 131,558 | ||||||
Distribuidora Internacional de Alimentacion S.A. (a) |
2,455,491 | 28,555 | ||||||
Ebro Foods S.A. |
20,251 | 295,185 | ||||||
eDreams ODIGEO S.A. (a) |
17,603 | 69,744 | ||||||
Elecnor S.A. |
11,262 | 111,320 | ||||||
Enagas S.A. |
60,475 | 933,370 | ||||||
Ence Energia y Celulosa S.A |
57,034 | 169,974 | ||||||
Ercros S.A. |
30,406 | 80,120 | ||||||
Faes Farma S.A. |
100,057 | 361,843 | ||||||
Fluidra S.A. (d) |
14,698 | 219,123 | ||||||
Fomento de Construcciones y Contratas S.A. |
12,969 | 104,498 | ||||||
Gestamp Automocion S.A. |
18,173 | 54,181 | ||||||
Global Dominion Access S.A. |
25,444 | 83,148 | ||||||
Grenergy Renovables S.A. (a) |
1,152 | 34,682 | ||||||
Grupo Catalana Occidente S.A. |
14,264 | 356,790 | ||||||
Grupo Empresarial San Jose S.A. (d) |
8,320 | 28,047 | ||||||
Iberpapel Gestion S.A. |
1,128 | 13,772 | ||||||
Indra Sistemas S.A. |
42,149 | 320,299 | ||||||
Laboratorios Farmaceuticos Rovi S.A. |
4,330 | 185,672 | ||||||
Linea Directa Aseguradora S.A. Cia de Seguros y Reaseguros |
186,237 | 174,860 | ||||||
Mapfre S.A. (d) |
177,590 | 275,144 | ||||||
Melia Hotels International S.A. (a) |
31,617 | 146,352 | ||||||
Miquel y Costas & Miquel S.A. |
8,748 | 99,465 | ||||||
Neinor Homes S.A. |
4,237 | 38,549 | ||||||
Obrascon Huarte Lain S.A. (a) |
47,913 | 24,629 | ||||||
Pharma Mar S.A. |
2,214 | 116,662 | ||||||
Prim S.A. (d) |
3,013 | 30,985 | ||||||
Promotora de Informaciones S.A. - Class A (a) |
83,921 | 32,057 | ||||||
Prosegur Cash S.A. |
28,432 | 17,628 | ||||||
Prosegur Cia de Seguridad S.A. |
54,905 | 83,176 | ||||||
Realia Business S.A. (a) |
143,011 | 133,068 | ||||||
Sacyr S.A. |
131,288 | 286,619 | ||||||
Solaria Energia y Medio Ambiente S.A. (a) |
19,439 | 305,944 | ||||||
Talgo S.A. |
22,594 | 54,803 | ||||||
Tecnicas Reunidas S.A. (a) (d) |
11,115 | 65,241 | ||||||
Tubacex S.A. (a) |
32,455 | 61,754 | ||||||
Unicaja Banco S.A. |
267,421 | 241,441 | ||||||
Vidrala S.A. (d) |
5,416 | 315,258 | ||||||
Viscofan S.A. |
10,515 | 574,087 | ||||||
Vocento S.A. |
18,128 | 11,212 | ||||||
|
|
|||||||
10,317,300 | ||||||||
|
|
|||||||
Sweden2.3% | ||||||||
AcadeMedia AB |
21,250 | 92,042 | ||||||
AddLife AB - Class B |
571 | 5,950 | ||||||
AddNode Group AB |
29,228 | 203,815 | ||||||
AFRY AB |
7,551 | 94,629 | ||||||
Alimak Group AB |
10,425 | 55,536 | ||||||
Alligo AB - Class B |
8,890 | 61,424 | ||||||
Ambea AB |
4,741 | 16,501 | ||||||
Annehem Fastigheter AB - Class B (a) |
7,859 | 15,547 | ||||||
AQ Group AB |
654 | 12,656 | ||||||
Arise AB (a) |
4,852 | 25,796 | ||||||
Arjo AB - B Shares |
55,404 | 201,761 | ||||||
Atrium Ljungberg AB - B Shares |
8,077 | 99,853 | ||||||
Attendo AB (a) |
28,610 | 50,851 | ||||||
Beijer Alma AB |
13,962 | 181,901 | ||||||
Beijer Electronics Group AB |
7,843 | 47,153 | ||||||
Bergman & Beving AB |
10,176 | 75,761 | ||||||
Besqab AB |
1,061 | 9,632 | ||||||
Betsson AB - Class B (a) |
39,536 | 230,355 | ||||||
BHG Group AB (a) |
13,680 | 17,335 | ||||||
Bilia AB - A Shares |
27,610 | 314,332 | ||||||
Biogaia AB - B Shares |
7,595 | 52,510 | ||||||
BioInvent International AB (a) |
2,421 | 10,320 | ||||||
Biotage AB |
16,595 | 247,191 | ||||||
Bonava AB - B Shares |
18,068 | 42,313 | ||||||
Boozt AB (a) (d) |
5,455 | 28,062 | ||||||
Bravida Holding AB |
32,687 | 267,804 | ||||||
Bufab AB |
11,463 | 205,678 | ||||||
Bulten AB |
4,294 | 20,396 | ||||||
Bure Equity AB |
8,925 | 145,530 | ||||||
Byggmax Group AB |
18,326 | 61,324 | ||||||
Careium AB (a) |
3,391 | 2,722 | ||||||
Catella AB |
2,281 | 7,596 | ||||||
Catena AB |
7,656 | 225,889 | ||||||
Cellavision AB |
2,146 | 49,079 | ||||||
Cibus Nordic Real Estate AB |
2,907 | 37,785 | ||||||
Clas Ohlson AB - B Shares |
15,608 | 92,992 | ||||||
Cloetta AB - B Shares |
79,517 | 125,583 | ||||||
Collector Bank AB (a) |
5,059 | 12,530 | ||||||
Coor Service Management Holding AB |
24,209 | 164,336 | ||||||
Corem Property Group AB - B Shares |
33,644 | 25,177 | ||||||
Corem Property Group AB - Class D |
459 | 8,110 | ||||||
Dios Fastigheter AB |
26,164 | 164,399 | ||||||
Doro AB (a) |
3,391 | 4,534 |
BHFTII-95
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Sweden(Continued) | ||||||||
Duni AB (a) |
13,288 | $ | 75,537 | |||||
Dustin Group AB |
18,802 | 74,111 | ||||||
Eastnine AB |
7,088 | 55,543 | ||||||
Elanders AB - B Shares |
1,453 | 17,821 | ||||||
Electrolux Professional AB - Class B |
43,868 | 178,858 | ||||||
Eltel AB (a) |
18,428 | 11,097 | ||||||
Enea AB (a) (d) |
4,082 | 26,654 | ||||||
Eolus Vind AB - B Shares |
935 | 9,833 | ||||||
eWork Group AB |
2,864 | 23,212 | ||||||
Fagerhult AB |
19,392 | 65,075 | ||||||
Fastighets AB Trianon |
3,988 | 8,378 | ||||||
FastPartner AB - Class A |
10,644 | 55,200 | ||||||
Ferronordic AB (a) |
275 | 708 | ||||||
Fingerprint Cards AB - Class B (a) (d) |
28,890 | 14,562 | ||||||
FormPipe Software AB |
2,450 | 5,561 | ||||||
G5 Entertainment AB |
208 | 3,556 | ||||||
GARO AB |
4,784 | 42,066 | ||||||
Granges AB |
31,689 | 203,342 | ||||||
Heba Fastighets AB - Class B |
19,054 | 53,941 | ||||||
Hexatronic Group AB |
21,735 | 202,830 | ||||||
HMS Networks AB |
990 | 26,751 | ||||||
Hoist Finance AB (a) |
12,983 | 32,469 | ||||||
Humana AB (a) |
6,890 | 30,109 | ||||||
Instalco AB (d) |
38,975 | 154,986 | ||||||
INVISIO AB |
439 | 5,387 | ||||||
Inwido AB |
16,291 | 128,048 | ||||||
ITAB Shop Concept AB (a) |
1,944 | 1,337 | ||||||
JM AB |
17,370 | 239,051 | ||||||
John Mattson Fastighetsforetagen AB (a) |
2,402 | 17,780 | ||||||
Karnov Group AB (a) |
14,120 | 68,958 | ||||||
Know It AB |
7,304 | 145,663 | ||||||
Lagercrantz Group AB - B Shares (d) |
44,078 | 383,239 | ||||||
Lime Technologies AB |
1,294 | 25,491 | ||||||
Lindab International AB |
25,702 | 284,843 | ||||||
Loomis AB |
14,627 | 358,935 | ||||||
MEKO AB |
11,543 | 94,527 | ||||||
MIPS AB |
5,892 | 173,803 | ||||||
Modern Times Group MTG AB - Class B (a) |
23,462 | 154,680 | ||||||
Momentum Group AB (a) |
8,890 | 49,661 | ||||||
Munters Group AB |
17,462 | 121,319 | ||||||
Mycronic AB |
17,551 | 212,980 | ||||||
NCAB Group AB |
20,370 | 83,829 | ||||||
NCC AB - B Shares |
17,089 | 122,366 | ||||||
Nederman Holding AB |
7,692 | 95,128 | ||||||
Net Insight AB - Class B (a) |
74,697 | 36,957 | ||||||
New Wave Group AB - B Shares |
19,643 | 256,384 | ||||||
Nilorngruppen AB - B Shares |
1,106 | 8,320 | ||||||
Nobia AB |
40,224 | 75,502 | ||||||
Nolato AB - B Shares |
52,647 | 240,711 | ||||||
Nordic Paper Holding AB |
2,747 | 7,108 | ||||||
Nordic Waterproofing Holding AB |
6,754 | 90,738 | ||||||
Note AB (a) |
1,027 | 14,627 | ||||||
NP3 Fastigheter AB |
11,449 | 169,598 | ||||||
Nyfosa AB (d) |
44,721 | 257,229 | ||||||
OEM International AB - B Shares |
22,800 | 116,660 | ||||||
Ovzon AB (a) |
673 | 2,259 | ||||||
Platzer Fastigheter Holding AB - Class B |
15,422 | 91,593 | ||||||
Pricer AB - B Shares |
32,212 | 51,071 | ||||||
Proact IT Group AB |
8,496 | 60,406 | ||||||
Ratos AB - B Shares |
61,820 | 210,832 | ||||||
RaySearch Laboratories AB (a) |
7,859 | 33,425 | ||||||
Rejlers AB |
1,659 | 18,246 | ||||||
Rottneros AB |
26,936 | 32,928 | ||||||
Scandi Standard AB (a) |
18,069 | 75,416 | ||||||
Scandic Hotels Group AB (a) |
33,911 | 96,933 | ||||||
Sdiptech AB - Class B (a) |
1,095 | 18,813 | ||||||
Semcon AB |
5,540 | 78,053 | ||||||
Sensys Gatso Group AB (a) |
223,283 | 21,015 | ||||||
SkiStar AB |
13,849 | 137,654 | ||||||
Softronic AB - B Shares |
3,875 | 7,260 | ||||||
Solid Forsakring AB (a) |
2,708 | 10,939 | ||||||
Stendorren Fastigheter AB (a) |
1,576 | 24,205 | ||||||
Stillfront Group AB (a) |
5,514 | 11,755 | ||||||
Systemair AB |
22,572 | 101,986 | ||||||
Tethys Oil AB |
2,076 | 11,702 | ||||||
TF Bank AB |
690 | 8,770 | ||||||
Troax Group AB |
11,680 | 164,307 | ||||||
VBG Group AB - B Shares |
2,387 | 25,164 | ||||||
Vitec Software Group AB - B Shares |
4,792 | 141,785 | ||||||
Volati AB |
1,043 | 9,161 | ||||||
|
|
|||||||
10,673,427 | ||||||||
|
|
|||||||
Switzerland7.3% | ||||||||
Adecco Group AG |
12,819 | 352,012 | ||||||
Aevis Victoria S.A. |
892 | 17,068 | ||||||
Allreal Holding AG |
4,342 | 602,395 | ||||||
ALSO Holding AG (a) |
2,049 | 302,956 | ||||||
APG SGA S.A. |
390 | 66,137 | ||||||
Arbonia AG |
14,726 | 167,991 | ||||||
Aryzta AG (a) |
240,805 | 240,676 | ||||||
Ascom Holding AG |
3,201 | 19,226 | ||||||
Autoneum Holding AG (d) |
1,187 | 98,963 | ||||||
Bachem Holding AG - Class B |
195 | 12,130 | ||||||
Baloise Holding AG |
5,579 | 711,227 | ||||||
Banque Cantonale de Geneve |
750 | 128,010 | ||||||
Banque Cantonale Vaudoise |
6,821 | 645,589 | ||||||
Belimo Holding AG |
2,620 | 959,497 | ||||||
Bell Food Group AG |
693 | 151,652 | ||||||
Bellevue Group AG |
3,322 | 101,951 | ||||||
Berner Kantonalbank AG |
1,494 | 325,349 | ||||||
BKW AG |
6,201 | 738,714 | ||||||
Bossard Holding AG - Class A |
2,139 | 362,537 | ||||||
Bucher Industries AG |
2,031 | 628,977 | ||||||
Burckhardt Compression Holding AG |
714 | 265,582 | ||||||
Burkhalter Holding AG |
1,499 | 112,914 | ||||||
Bystronic AG |
452 | 242,769 | ||||||
Calida Holding AG |
1,703 | 70,178 | ||||||
Carlo Gavazzi Holding AG |
124 | 33,827 | ||||||
Cembra Money Bank AG |
9,521 | 674,031 | ||||||
Cicor Technologies, Ltd. (a) (d) |
644 | 28,964 | ||||||
Cie Financiere Tradition S.A. (d) |
601 | 63,359 | ||||||
Clariant AG (a) |
59,367 | 944,825 |
BHFTII-96
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Switzerland(Continued) | ||||||||
Coltene Holding AG (a) |
1,490 | $ | 116,084 | |||||
Comet Holding AG |
1,621 | 235,262 | ||||||
Daetwyler Holding AG |
1,258 | 199,714 | ||||||
DKSH Holding AG |
10,401 | 753,698 | ||||||
dormakaba Holding AG |
861 | 289,993 | ||||||
Dufry AG (a)(d) |
18,930 | 575,268 | ||||||
EDAG Engineering Group AG |
3,171 | 31,490 | ||||||
EFG International AG (a) |
30,423 | 240,441 | ||||||
Emmi AG |
657 | 511,293 | ||||||
Energiedienst Holding AG |
4,275 | 171,379 | ||||||
Evolva Holding S.A. (a) (d) |
84,327 | 6,804 | ||||||
Feintool International Holding AG (d) |
1,764 | 32,681 | ||||||
Fenix Outdoor International AG |
1,091 | 77,513 | ||||||
Ferrexpo plc |
101,799 | 135,476 | ||||||
Flughafen Zurich AG (a) |
5,491 | 812,751 | ||||||
Forbo Holding AG |
343 | 371,649 | ||||||
Fundamenta Real Estate AG (a) |
4,539 | 74,105 | ||||||
Galenica AG |
13,396 | 969,163 | ||||||
GAM Holding AG (a) |
62,659 | 58,068 | ||||||
Georg Fischer AG |
25,460 | 1,202,683 | ||||||
Gurit Holding AG (d) |
1,430 | 104,725 | ||||||
Helvetia Holding AG |
10,528 | 983,459 | ||||||
Hiag Immobilien Holding AG |
1,881 | 159,977 | ||||||
Highlight Communications AG (a) |
7,829 | 28,829 | ||||||
HOCHDORF Holding AG (a) (d) |
174 | 4,726 | ||||||
Huber & Suhner AG |
5,184 | 407,741 | ||||||
Hypothekarbank Lenzburg AG |
3 | 12,839 | ||||||
Implenia AG (a) |
4,729 | 150,904 | ||||||
Ina Invest Holding AG (a) |
1,388 | 27,531 | ||||||
Inficon Holding AG |
501 | 333,472 | ||||||
Interroll Holding AG |
220 | 415,755 | ||||||
Intershop Holding AG |
466 | 292,999 | ||||||
Investis Holding S.A. |
421 | 41,412 | ||||||
IWG plc (a) |
194,505 | 272,373 | ||||||
Jungfraubahn Holding AG (a) |
970 | 115,270 | ||||||
Kardex Holding AG |
2,137 | 282,870 | ||||||
Komax Holding AG |
1,065 | 245,481 | ||||||
Kudelski S.A. |
13,221 | 37,838 | ||||||
Landis & Gyr Group AG (a) |
4,390 | 237,463 | ||||||
LEM Holding S.A. |
166 | 253,578 | ||||||
Luzerner Kantonalbank AG |
1,001 | 411,480 | ||||||
Medacta Group S.A. |
1,064 | 89,570 | ||||||
Medmix AG |
5,258 | 91,976 | ||||||
Meier Tobler Group AG |
1,744 | 53,155 | ||||||
Metall Zug AG - B Shares |
78 | 142,008 | ||||||
Mikron Holding AG |
2,145 | 17,828 | ||||||
Mobilezone Holding AG |
13,629 | 203,687 | ||||||
Mobimo Holding AG (d) |
2,335 | 504,448 | ||||||
Novavest Real Estate AG (a) |
468 | 19,905 | ||||||
OC Oerlikon Corp. AG |
62,425 | 398,247 | ||||||
Orascom Development Holding AG (a) (d) |
4,230 | 32,446 | ||||||
Orell Fuessli AG |
331 | 27,666 | ||||||
Orior AG |
1,947 | 134,682 | ||||||
Phoenix Mecano AG |
274 | 84,158 | ||||||
Plazza AG - Class A |
222 | 72,644 | ||||||
PSP Swiss Property AG |
13,459 | 1,347,730 | ||||||
Resurs Holding AB |
27,086 | 49,606 | ||||||
Rieter Holding AG |
1,344 | 113,440 | ||||||
Romande Energie Holding S.A. |
111 | 125,100 | ||||||
Schaffner Holding AG |
204 | 55,240 | ||||||
Schweiter Technologies AG |
354 | 262,857 | ||||||
Schweizerische Nationalbank |
5 | 24,748 | ||||||
Sensirion Holding AG (a) |
2,180 | 176,735 | ||||||
SFS Group AG |
5,311 | 454,491 | ||||||
Siegfried Holding AG (a) |
1,427 | 1,051,011 | ||||||
SIG Group AG (a) |
14,021 | 284,866 | ||||||
St. Galler Kantonalbank AG |
970 | 444,006 | ||||||
Stadler Rail AG |
648 | 17,748 | ||||||
Sulzer AG |
5,258 | 300,455 | ||||||
Swiss Prime Site AG |
14,099 | 1,121,566 | ||||||
Swiss Steel Holding AG (a) |
161,565 | 36,183 | ||||||
Swissquote Group Holding S.A. |
3,768 | 391,170 | ||||||
Tecan Group AG |
161 | 55,283 | ||||||
Temenos AG |
14,202 | 956,291 | ||||||
TX Group AG |
1,079 | 131,405 | ||||||
U-Blox Holding AG (a) |
2,199 | 267,524 | ||||||
V-ZUG Holding AG (a) (d) |
780 | 58,420 | ||||||
Valiant Holding AG |
5,102 | 483,567 | ||||||
Valora Holding AG (a) |
1,153 | 303,821 | ||||||
VAT Group AG (144A) (a) |
3,764 | 759,901 | ||||||
Vaudoise Assurances Holding S.A. |
306 | 121,395 | ||||||
Vetropack Holding AG |
4,400 | 129,894 | ||||||
Von Roll Holding AG (a) (d) |
16,704 | 12,719 | ||||||
Vontobel Holding AG |
9,439 | 505,809 | ||||||
VZ Holding AG |
4,180 | 292,649 | ||||||
Walliser Kantonalbank |
1,345 | 151,323 | ||||||
Warteck Invest AG |
53 | 115,926 | ||||||
Ypsomed Holding AG |
692 | 102,818 | ||||||
Zehnder Group AG |
4,202 | 215,278 | ||||||
Zug Estates Holding AG - B Shares |
83 | 142,736 | ||||||
Zuger Kantonalbank AG |
57 | 411,180 | ||||||
|
|
|||||||
34,103,054 | ||||||||
|
|
|||||||
Taiwan0.0% | ||||||||
FIT Hon Teng, Ltd. (a) |
80,000 | 9,317 | ||||||
|
|
|||||||
Tanzania0.0% | ||||||||
Helios Towers plc (a) |
110,176 | 137,944 | ||||||
|
|
|||||||
United Arab Emirates0.0% | ||||||||
Lamprell plc (a) |
100,553 | 10,023 | ||||||
Network International Holdings plc (144A) (a) |
11,307 | 38,286 | ||||||
Shelf Drilling, Ltd. (144A) (a) (d) |
19,770 | 27,912 | ||||||
|
|
|||||||
76,221 | ||||||||
|
|
|||||||
United Kingdom10.8% | ||||||||
4imprint Group plc |
7,046 | 265,435 | ||||||
888 Holdings plc (a) |
95,449 | 98,370 | ||||||
A.G. Barr plc |
34,817 | 177,022 | ||||||
accesso Technology Group plc (a) |
2,402 | 14,367 | ||||||
Advanced Medical Solutions Group plc |
28,754 | 78,524 | ||||||
AJ Bell plc |
49,937 | 149,933 | ||||||
Alfa Financial Software Holdings plc |
10,992 | 19,982 |
BHFTII-97
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
United Kingdom(Continued) | ||||||||
Alliance Pharma plc |
95,282 | $ | 59,348 | |||||
Anglo Pacific Group plc |
51,447 | 86,899 | ||||||
Anglo-Eastern Plantations plc |
5,782 | 50,397 | ||||||
Appreciate Group plc (d) |
23,099 | 6,863 | ||||||
Ascential plc (a) |
79,762 | 183,173 | ||||||
Ashmore Group plc |
97,994 | 214,792 | ||||||
Avon Protection plc |
8,677 | 108,753 | ||||||
Babcock International Group plc (a) |
152,440 | 470,718 | ||||||
Bakkavor Group plc |
12,493 | 12,521 | ||||||
Balfour Beatty plc |
201,378 | 683,172 | ||||||
Beazley plc |
163,069 | 1,011,618 | ||||||
Begbies Traynor Group plc (d) |
20,686 | 32,218 | ||||||
Bellway plc |
19,119 | 361,602 | ||||||
Biffa plc |
56,754 | 260,602 | ||||||
Bloomsbury Publishing plc |
28,218 | 115,169 | ||||||
Bodycote plc |
64,772 | 335,922 | ||||||
boohoo Group plc (a) |
12,408 | 4,936 | ||||||
BRAEMAR plc |
7,120 | 22,789 | ||||||
Britvic plc |
74,790 | 594,624 | ||||||
Bytes Technology Group plc |
42,453 | 197,977 | ||||||
Capita plc (a) |
344,633 | 95,629 | ||||||
Capricorn Energy plc (a) |
170,133 | 464,629 | ||||||
Card Factory plc (a) |
103,756 | 51,164 | ||||||
Carrs Group plc |
19,239 | 20,745 | ||||||
Castings plc |
2,870 | 8,903 | ||||||
Cazoo Group, Ltd. (a) (d) |
27,925 | 12,846 | ||||||
Centaur Media plc |
92,526 | 44,423 | ||||||
Central Asia Metals plc |
20,359 | 49,158 | ||||||
Centrica plc (a) |
446,056 | 351,110 | ||||||
Chemring Group plc |
102,749 | 321,512 | ||||||
Chesnara plc |
50,709 | 154,527 | ||||||
Clarkson plc |
8,219 | 239,845 | ||||||
Close Brothers Group plc |
45,801 | 472,333 | ||||||
CMC Markets plc |
42,124 | 103,270 | ||||||
Coats Group plc |
305,341 | 172,687 | ||||||
Computacenter plc |
22,674 | 487,727 | ||||||
Concentric AB |
11,928 | 191,623 | ||||||
ContourGlobal plc |
28,299 | 79,499 | ||||||
Costain Group plc (a) |
35,950 | 16,061 | ||||||
Countryside Partnerships plc (a) |
139,641 | 310,460 | ||||||
Cranswick plc |
15,732 | 469,945 | ||||||
Crest Nicholson Holdings plc |
83,456 | 170,022 | ||||||
Currys plc |
250,394 | 156,493 | ||||||
CVS Group plc |
15,668 | 298,552 | ||||||
De La Rue plc (a)(d) |
52,440 | 50,362 | ||||||
Devro plc |
56,716 | 104,956 | ||||||
DFS Furniture plc |
51,390 | 60,675 | ||||||
Dialight plc (a)(d) |
5,140 | 13,338 | ||||||
Dignity plc (a)(d) |
19,579 | 81,074 | ||||||
Diploma plc |
22,123 | 567,215 | ||||||
Direct Line Insurance Group plc |
22,578 | 46,444 | ||||||
DiscoverIE Group plc |
22,813 | 163,877 | ||||||
Dominos Pizza Group plc |
134,943 | 334,129 | ||||||
dotdigital group plc |
41,626 | 39,211 | ||||||
Dr. Martens plc |
21,213 | 51,979 | ||||||
Drax Group plc |
123,481 | 823,563 | ||||||
Dunelm Group plc |
27,630 | 225,185 | ||||||
DWF Group plc |
31,362 | 30,494 | ||||||
easyJet plc (a) |
5,538 | 18,197 | ||||||
EKF Diagnostics Holdings plc (d) |
38,020 | 16,872 | ||||||
Elementis plc (a) |
202,330 | 202,955 | ||||||
EMIS Group plc |
13,707 | 288,651 | ||||||
Energean plc |
22,974 | 341,077 | ||||||
EnQuest plc (a) |
515,849 | 152,374 | ||||||
Epwin Group plc |
14,369 | 12,228 | ||||||
Ergomed plc (a) |
5,839 | 75,436 | ||||||
Essentra plc |
94,236 | 189,458 | ||||||
Euromoney Institutional Investor plc |
32,940 | 528,241 | ||||||
FD Technologies plc (a) |
1,782 | 28,343 | ||||||
FDM Group Holdings plc |
21,321 | 147,970 | ||||||
Fevertree Drinks plc |
27,266 | 252,823 | ||||||
Firstgroup plc |
136,404 | 159,347 | ||||||
Flex LNG, Ltd. |
8,311 | 263,533 | ||||||
Flowtech Fluidpower plc |
6,703 | 7,895 | ||||||
Forterra plc |
58,426 | 152,989 | ||||||
Foxtons Group plc |
74,860 | 25,278 | ||||||
Frasers Group plc (a) |
60,772 | 453,604 | ||||||
Frontier Developments plc (a) |
3,312 | 49,429 | ||||||
Fuller Smith & Turner plc - Class A |
9,279 | 47,713 | ||||||
Funding Circle Holdings plc (a) |
10,326 | 4,706 | ||||||
FW Thorpe plc (d) |
6,310 | 24,630 | ||||||
Galliford Try Holdings plc |
49,848 | 81,602 | ||||||
Games Workshop Group plc |
8,352 | 535,865 | ||||||
Gamma Communications plc |
10,934 | 127,522 | ||||||
Gem Diamonds, Ltd. |
44,142 | 15,164 | ||||||
Genel Energy plc |
14,530 | 19,945 | ||||||
Genuit Group plc |
68,299 | 220,948 | ||||||
Genus plc |
311 | 8,978 | ||||||
Georgia Capital plc (a) |
7,105 | 49,099 | ||||||
Go-Ahead Group plc (The) (a) |
7,248 | 125,120 | ||||||
Gooch & Housego plc |
2,212 | 14,254 | ||||||
Goodwin plc |
188 | 5,755 | ||||||
Grafton Group plc |
67,734 | 506,480 | ||||||
Grainger plc |
208,838 | 534,297 | ||||||
Greggs plc |
29,520 | 559,524 | ||||||
Gulf Keystone Petroleum, Ltd. |
64,377 | 141,672 | ||||||
Gym Group plc (The) (a) |
49,004 | 59,942 | ||||||
H&T Group plc |
1,027 | 4,979 | ||||||
Halfords Group plc |
72,677 | 106,613 | ||||||
Harbour Energy plc |
91,591 | 456,187 | ||||||
Harworth Group plc |
4,382 | 5,908 | ||||||
Hays plc |
457,753 | 516,909 | ||||||
Headlam Group plc |
31,939 | 82,397 | ||||||
Helical plc |
38,476 | 153,521 | ||||||
Henry Boot plc |
14,477 | 39,895 | ||||||
Hill & Smith Holdings plc |
26,057 | 263,933 | ||||||
Hilton Food Group plc |
19,243 | 114,276 | ||||||
Hiscox, Ltd. |
63,641 | 622,202 | ||||||
Hollywood Bowl Group plc |
35,798 | 75,003 | ||||||
HomeServe plc |
36,749 | 485,595 | ||||||
Hunting plc |
52,837 | 137,960 | ||||||
Hyve Group plc (a) |
76,414 | 43,335 | ||||||
Ibstock plc |
123,730 | 225,462 | ||||||
IDOX plc (d) |
75,537 | 54,404 |
BHFTII-98
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
United Kingdom(Continued) | ||||||||
IG Group Holdings plc |
36,307 | $ | 307,991 | |||||
IMI plc |
23,149 | 287,203 | ||||||
Impax Asset Management Group plc |
13,684 | 79,488 | ||||||
Inchcape plc |
117,929 | 887,456 | ||||||
Indivior plc (a) |
168,309 | 532,487 | ||||||
IntegraFin Holdings plc |
48,598 | 119,528 | ||||||
International Personal Finance plc |
79,366 | 72,572 | ||||||
iomart Group plc |
16,833 | 30,680 | ||||||
IP Group plc |
225,731 | 147,049 | ||||||
IQE plc (a)(d) |
73,580 | 27,605 | ||||||
ITV plc |
342,637 | 218,088 | ||||||
J.D. Wetherspoon plc (a) |
21,503 | 96,623 | ||||||
James Fisher & Sons plc (a) |
17,856 | 56,222 | ||||||
James Halstead plc (d) |
57,526 | 132,608 | ||||||
Jet2 plc (a) |
30,637 | 234,592 | ||||||
John Wood Group plc (a) |
195,202 | 272,823 | ||||||
Johnson Service Group plc (a) |
61,047 | 53,669 | ||||||
Jupiter Fund Management plc |
156,485 | 160,143 | ||||||
Just Group plc |
224,609 | 139,916 | ||||||
Kainos Group plc |
20,314 | 290,578 | ||||||
Keller Group plc |
23,721 | 165,606 | ||||||
Kier Group plc (a) |
94,700 | 71,427 | ||||||
Kin & Carta plc (a) |
39,350 | 76,496 | ||||||
Lancashire Holdings, Ltd. |
72,054 | 397,422 | ||||||
Learning Technologies Group plc |
112,961 | 132,161 | ||||||
Liontrust Asset Management plc |
12,072 | 98,369 | ||||||
Lookers plc |
131,372 | 96,486 | ||||||
LSL Property Services plc |
25,826 | 75,473 | ||||||
Luceco plc |
31,684 | 29,105 | ||||||
M&C Saatchi plc (a) |
3,677 | 5,507 | ||||||
Man Group plc |
457,245 | 1,138,954 | ||||||
Marks & Spencer Group plc (a) |
324,090 | 352,304 | ||||||
Marshalls plc |
60,744 | 197,991 | ||||||
Marstons plc (a) |
258,409 | 101,867 | ||||||
McBride plc (a) |
63,975 | 16,889 | ||||||
ME Group International plc |
89,030 | 84,023 | ||||||
Mears Group plc |
41,542 | 89,151 | ||||||
Medica Group plc |
4,619 | 7,035 | ||||||
Metro Bank plc (a)(d) |
2,816 | 2,486 | ||||||
Micro Focus International plc |
58,651 | 339,889 | ||||||
Midwich Group plc (d) |
2,103 | 11,004 | ||||||
Mitchells & Butlers plc (a) |
103,172 | 130,672 | ||||||
Mitie Group plc |
406,977 | 283,157 | ||||||
MJ Gleeson plc |
13,112 | 60,100 | ||||||
Moneysupermarket.com Group plc |
146,027 | 301,048 | ||||||
Moonpig Group plc (a) |
25,425 | 45,129 | ||||||
Morgan Advanced Materials plc |
95,467 | 241,374 | ||||||
Morgan Sindall Group plc |
14,642 | 239,929 | ||||||
Mortgage Advice Bureau Holdings, Ltd. |
6,665 | 47,244 | ||||||
Motorpoint group plc (a) |
14,323 | 28,514 | ||||||
MP Evans Group plc |
2,300 | 21,120 | ||||||
N Brown Group plc (a) |
62,840 | 16,452 | ||||||
Naked Wines plc (a) |
1,427 | 1,329 | ||||||
National Express Group plc (a) |
190,696 | 355,634 | ||||||
NCC Group plc |
88,729 | 215,233 | ||||||
Next Fifteen Communications Group plc |
16,972 | 146,462 | ||||||
Ninety One plc |
93,523 | 189,277 | ||||||
Norcros plc |
11,343 | 20,940 | ||||||
Numis Corp. plc |
16,141 | 41,746 | ||||||
Odfjell Technology Ltd. (a) |
4,274 | 8,837 | ||||||
On the Beach Group plc (a) |
32,313 | 36,216 | ||||||
OSB Group plc |
71,515 | 334,376 | ||||||
Oxford Biomedica plc (a) |
11,450 | 43,788 | ||||||
Oxford Instruments plc |
16,714 | 333,160 | ||||||
Pagegroup plc |
102,025 | 420,041 | ||||||
Pan African Resources plc |
368,191 | 72,017 | ||||||
Paragon Banking Group plc |
81,611 | 356,572 | ||||||
Parkmead Group plc (The) (a) |
28,991 | 16,435 | ||||||
PayPoint plc |
20,570 | 136,605 | ||||||
Pendragon plc (a) |
345,188 | 103,390 | ||||||
Pennon Group plc |
68,031 | 596,402 | ||||||
Petrofac, Ltd. (a)(d) |
103,557 | 116,378 | ||||||
Pets at Home Group plc |
171,293 | 498,806 | ||||||
Pharos Energy plc (a) |
50,968 | 11,242 | ||||||
Phoenix Spree Deutschland, Ltd. |
665 | 2,149 | ||||||
Playtech plc (a) |
90,374 | 438,442 | ||||||
Polar Capital Holdings plc |
16,568 | 76,027 | ||||||
Porvair plc |
8,570 | 47,490 | ||||||
PPHE Hotel Group, Ltd. |
3,290 | 50,500 | ||||||
Premier Foods plc |
241,797 | 260,238 | ||||||
Provident Financial plc |
52,029 | 96,492 | ||||||
PZ Cussons plc |
74,104 | 160,521 | ||||||
QinetiQ Group plc |
170,380 | 622,910 | ||||||
Quilter plc |
443,586 | 452,717 | ||||||
Rank Group plc (a) |
54,017 | 41,005 | ||||||
Rathbones Group plc |
17,130 | 312,342 | ||||||
Reach plc |
159,041 | 123,094 | ||||||
Record plc |
12,453 | 9,579 | ||||||
Redde Northgate plc |
57,053 | 184,394 | ||||||
Redrow plc |
89,477 | 395,063 | ||||||
Renew Holdings plc |
8,917 | 56,677 | ||||||
Renewi plc (a) |
25,541 | 159,558 | ||||||
Renishaw plc |
6,728 | 262,751 | ||||||
Renold plc (a) |
238 | 61 | ||||||
Restaurant Group plc (The) (a) |
92,660 | 30,284 | ||||||
Ricardo plc |
13,452 | 69,008 | ||||||
RM plc |
43,283 | 12,951 | ||||||
Robert Walters plc |
16,356 | 83,148 | ||||||
Rotork plc |
249,530 | 650,418 | ||||||
Royal Mail plc |
6,841 | 13,951 | ||||||
RPS Group plc |
100,537 | 264,042 | ||||||
RWS Holdings plc |
12,286 | 43,925 | ||||||
S&U plc |
1,188 | 26,615 | ||||||
Sabre Insurance Group plc |
49,439 | 53,371 | ||||||
Saga plc (a) |
8,514 | 8,471 | ||||||
Savills plc |
45,458 | 398,786 | ||||||
Secure Trust Bank plc |
458 | 3,802 | ||||||
Senior plc (a) |
166,890 | 216,806 | ||||||
Serco Group plc |
252,694 | 437,899 | ||||||
Serica Energy plc |
47,039 | 195,332 | ||||||
Severfield plc |
100,890 | 54,915 | ||||||
SIG plc (a) |
255,262 | 84,973 | ||||||
Smart Metering Systems plc |
21,432 | 191,136 | ||||||
Smiths News plc (d) |
20,535 | 7,320 |
BHFTII-99
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
United Kingdom(Continued) | ||||||||
Softcat plc |
28,832 | $ | 376,299 | |||||
Spectris plc |
23,967 | 724,511 | ||||||
Speedy Hire plc |
177,240 | 73,173 | ||||||
Spire Healthcare Group plc (a) |
62,350 | 149,609 | ||||||
Spirent Communications plc |
181,575 | 532,089 | ||||||
Sportech plc (d) |
8,446 | 1,673 | ||||||
SSP Group plc (a) |
177,745 | 371,675 | ||||||
SThree plc |
41,761 | 160,326 | ||||||
Stobart Group, Ltd. (a) |
102,535 | 6,053 | ||||||
Studio Retail Group plc (b)(c) |
17,439 | 8,398 | ||||||
STV Group plc |
7,194 | 21,740 | ||||||
Superdry plc (a) |
18,185 | 20,362 | ||||||
Synthomer plc |
101,465 | 119,814 | ||||||
T. Clarke plc |
15,381 | 19,209 | ||||||
Tate & Lyle plc |
97,547 | 735,419 | ||||||
TBC Bank Group plc |
4,849 | 90,205 | ||||||
Ted Baker plc (a) |
15,673 | 19,016 | ||||||
Telecom Plus plc |
18,238 | 349,768 | ||||||
Topps Tiles plc |
61,961 | 26,603 | ||||||
TORM plc - Class A |
8,003 | 163,673 | ||||||
TP ICAP Group plc |
235,823 | 514,239 | ||||||
Travis Perkins plc |
50,576 | 435,136 | ||||||
Treatt plc |
2,816 | 18,452 | ||||||
Trellus Health plc (a) |
2,339 | 189 | ||||||
Trifast plc |
20,432 | 16,927 | ||||||
TT electronics plc |
60,814 | 94,614 | ||||||
Tyman plc |
21,078 | 46,187 | ||||||
Verici Dx plc (a) |
760 | 132 | ||||||
Vertu Motors plc |
46,012 | 21,554 | ||||||
Vesuvius plc |
68,585 | 236,790 | ||||||
Victrex plc |
25,139 | 464,692 | ||||||
VIDENDUM plc |
10,351 | 138,438 | ||||||
Virgin Money UK plc |
233,823 | 322,121 | ||||||
Vistry Group plc |
65,780 | 430,999 | ||||||
Volex plc (d) |
20,602 | 56,160 | ||||||
Volution Group plc |
31,181 | 101,296 | ||||||
Vp plc |
4,147 | 34,913 | ||||||
Watches of Switzerland Group plc (a) |
47,460 | 351,663 | ||||||
Watkin Jones plc |
46,386 | 78,340 | ||||||
WH Smith plc (a) |
28,983 | 384,669 | ||||||
Wickes Group plc |
76,029 | 101,460 | ||||||
Wincanton plc |
40,925 | 133,929 | ||||||
Xaar plc (a) |
18,088 | 34,721 | ||||||
Young & Cos Brewery plc - Class A |
4,640 | 48,235 | ||||||
Young & Cos Brewery plc (Non-Voting Shares) |
1,744 | 11,705 | ||||||
Zotefoams plc |
7,268 | 20,666 | ||||||
|
|
|||||||
50,565,482 | ||||||||
|
|
|||||||
United States0.5% | ||||||||
ADTRAN Holdings, Inc. (d) |
14,095 | 280,314 | ||||||
Argonaut Gold, Inc. (a)(d) |
80,499 | 24,476 | ||||||
Burford Capital, Ltd. |
35,459 | 260,353 | ||||||
Diversified Energy Co., plc |
191,404 | 276,251 | ||||||
Energy Fuels, Inc. (a)(d) |
12,431 | 75,863 | ||||||
Frontage Holdings Corp. (a) |
58,000 | 15,331 | ||||||
GXO Logistics, Inc. (a) |
245 | 8,590 | ||||||
Hecla Mining Co. |
2,637 | 10,390 | ||||||
Ormat Technologies, Inc. |
1 | 48 | ||||||
Primo Water Corp. |
2,400 | 30,120 | ||||||
PureTech Health plc (a) |
49,670 | 135,705 | ||||||
Reliance Worldwide Corp., Ltd. |
154,844 | 331,067 | ||||||
RTW Venture Fund, Ltd. (a)(d) |
3,588 | 4,050 | ||||||
Samsonite International S.A. (a) |
197,100 | 473,084 | ||||||
Sims, Ltd. |
51,085 | 431,236 | ||||||
Varia US Properties AG (d) |
1,203 | 55,018 | ||||||
Viemed Healthcare, Inc. (a) |
5,284 | 31,704 | ||||||
Vobile Group, Ltd. (a)(b)(c) |
23,000 | 6,344 | ||||||
|
|
|||||||
2,449,944 | ||||||||
|
|
|||||||
Total Common Stocks |
462,614,271 | |||||||
|
|
|||||||
Preferred Stocks0.3% | ||||||||
Germany0.3% | ||||||||
Draegerwerk AG & Co. KGaA |
3,031 | 126,770 | ||||||
Fuchs Petrolub SE |
17,122 | 435,625 | ||||||
Jungheinrich AG |
16,854 | 345,151 | ||||||
Sixt SE |
4,716 | 215,954 | ||||||
Sto SE & Co. KGaA |
618 | 75,055 | ||||||
Villeroy & Boch AG |
505 | 6,655 | ||||||
|
|
|||||||
1,205,210 | ||||||||
|
|
|||||||
Italy0.0% | ||||||||
Danieli & C Officine Meccaniche S.p.A. (Savings Shares) |
4,725 | 56,285 | ||||||
|
|
|||||||
Total Preferred Stocks |
1,261,495 | |||||||
|
|
|||||||
Warrants0.0% | ||||||||
Italy0.0% | ||||||||
Webuild S.p.A. (a)(d) |
6,346 | 0 | ||||||
|
|
|||||||
Macau0.0% | ||||||||
MECOM Power and Construction, Ltd. (a) |
4,600 | 70 | ||||||
|
|
|||||||
Singapore0.0% | ||||||||
Ezion Holdings, Ltd., Expires 04/16/23 (a) |
309,737 | 0 | ||||||
|
|
|||||||
Total Warrants |
70 | |||||||
|
|
|||||||
Rights0.0% | ||||||||
Australia0.0% | ||||||||
Centrebet International, Ltd. (Litigation Units) (a) |
9,600 | 0 | ||||||
|
|
|||||||
Austria0.0% | ||||||||
IMMOFINANZ AG (a) |
28,505 | 0 | ||||||
Intercell AG (a)(b)(c) |
24,163 | 0 |
BHFTII-100
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Rights(Continued)
Security Description | Shares/ Principal |
Value |
||||||
Austria(Continued) | ||||||||
S Immo AG (a)(b)(c) |
17,333 | $ | 0 | |||||
|
|
|||||||
0 | ||||||||
|
|
|||||||
Hong Kong0.0% | ||||||||
Fortune Oil CVR (a)(b)(c) |
575,627 | 0 | ||||||
|
|
|||||||
Total Rights |
0 | |||||||
|
|
|||||||
Short-Term Investment0.2% |
| |||||||
Repurchase Agreement0.2% | ||||||||
Fixed Income Clearing Corp. |
1,127,262 | 1,127,262 | ||||||
|
|
|||||||
Total Short-Term Investments |
1,127,262 | |||||||
|
|
|||||||
Securities Lending Reinvestments(e)7.6% |
| |||||||
Repurchase Agreements6.0% | ||||||||
Cantor Fitzgerald & Co. |
||||||||
Repurchase Agreement dated 09/30/22 at 3.050%, due on 10/03/22 with a maturity value of $2,000,508; collateralized by U.S. Government Agency Obligations with rates ranging from 0.875% - 8.000%, maturity dates ranging from 04/01/23 - 07/20/72, and an aggregate market value of $2,040,000. |
2,000,000 | 2,000,000 | ||||||
National Bank Financial, Inc. |
||||||||
Repurchase Agreement dated 09/30/22 at 3.070%, due on 10/03/22 with a maturity value of $5,001,279; collateralized by U.S. Treasury Obligations with rates ranging from 2.000% - 3.875%, maturity dates ranging from 02/15/25 - 09/30/29, and an aggregate market value of $5,112,754. |
5,000,000 | 5,000,000 | ||||||
National Bank of Canada |
||||||||
Repurchase Agreement dated 09/30/22 at 3.070%, due on 10/07/22 with a maturity value of $1,600,955; collateralized by U.S. Treasury Obligations with rates ranging from 0.500% - 3.875%, maturity dates ranging from 05/31/23 - 05/15/32, and an aggregate market value of $1,636,081. |
1,600,000 | 1,600,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.200%, due on 10/07/22 with a maturity value of $3,302,053; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 5.500%, maturity dates ranging from 11/03/22 - 02/15/52, and various Common Stock with an aggregate market value of $3,616,965. |
3,300,000 | 3,300,000 | ||||||
Natixis S.A. (New York) |
4,851,503 | 4,851,503 | ||||||
NBC Global Finance, Ltd. |
1,100,000 | 1,100,000 | ||||||
Societe Generale |
||||||||
Repurchase Agreement dated 09/30/22 at 3.000%, due on 10/03/22 with a maturity value of $700,175; collateralized by U.S. Treasury Obligations with rates ranging from 0.125% - 3.875%, maturity dates ranging from 10/31/22 - 08/15/40, and an aggregate market value of $714,476. |
700,000 | 700,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.050%, due on 10/03/22 with a maturity value of $1,800,458; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 1.125%, maturity dates ranging from 03/09/23 - 05/15/40, and various Common Stock with an aggregate market value of $1,999,916. |
1,800,000 | 1,800,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.070%, due on 10/03/22 with a maturity value of $800,205; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 1.125%, maturity dates ranging from 03/09/23 - 05/15/40, and various Common Stock with an aggregate market value of $888,851. |
800,000 | 800,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.160%, due on 10/03/22 with a maturity value of $1,000,263; collateralized by various Common Stock with an aggregate market value of $1,112,451. |
1,000,000 | 1,000,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.170%, due on 10/07/22 with a maturity value of $800,493; collateralized by various Common Stock with an aggregate market value of $889,961. |
800,000 | 800,000 | ||||||
TD Prime Services LLC |
5,000,000 | 5,000,000 | ||||||
|
|
|||||||
27,951,503 | ||||||||
|
|
|||||||
Mutual Funds1.6% | ||||||||
BlackRock Liquidity Funds FedFund, Institutional Shares |
1,800,000 | 1,800,000 | ||||||
Dreyfus Treasury Obligations Cash Management Fund, Institutional Class 2.850% (f) |
1,000,000 | 1,000,000 | ||||||
Goldman Sachs Financial Square Government Fund, Institutional Shares 2.930% (f) |
2 | 2 | ||||||
HSBC U.S. Government Money Market Fund, Class I 2.940% (f) |
1,000,000 | 1,000,000 | ||||||
Morgan Stanley Liquidity Funds Government Portfolio, Institutional Shares 2.810% (f) |
1,500,000 | 1,500,000 |
BHFTII-101
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Securities Lending Reinvestments(e)(Continued)
Security Description | Shares | Value | ||||||
Mutual Funds(Continued) | ||||||||
STIT-Government & Agency Portfolio, Institutional Class |
2,000,000 | $ | 2,000,000 | |||||
|
|
|||||||
7,300,002 | ||||||||
|
|
|||||||
Total Securities Lending Reinvestments |
35,251,505 | |||||||
|
|
|||||||
Total Investments - 106.9% |
500,254,603 | |||||||
Other assets and liabilities (net) - (6.9)% |
(32,098,675 | ) | ||||||
|
|
|||||||
Net Assets100.0% | $ | 468,155,928 | ||||||
|
|
* | Principal amount stated in U.S. dollars unless otherwise noted. | |||
(a) | Non-income producing security. | |||
(b) | Significant unobservable inputs were used in the valuation of this portfolio security; i.e. Level 3. | |||
(c) | Security was valued in good faith under procedures approved by the Board of Trustees. As of September 30, 2022, these securities represent 0.2% of net assets. | |||
(d) | All or a portion of the security was held on loan. As of September 30, 2022, the market value of securities loaned was $56,,624,224 and the collateral received consisted of cash in the amount of $35,251,505 and non-cash collateral with a value of $24,859,026. The cash collateral investments are disclosed in the Schedule of Investments and categorized as Securities Lending Reinvestments. The non-cash collateral received consists of U.S. government securities that are held in safe-keeping by the lending agent, or a third-party custodian, and cannot be sold or repledged by the Portfolio. | |||
(e) | Represents investment of cash collateral received from securities on loan as of September 30, 2022. | |||
(f) | The rate shown represents the annualized seven-day yield as of September 30, 2022. | |||
(144A) | Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of September 30, 2022, the market value of 144A securities was $1,017,011, which is 0.2% of net assets. |
Ten Largest Industries as of |
% of |
|||
Machinery |
5.9 | |||
Oil, Gas & Consumable Fuels |
5.4 | |||
Metals & Mining |
5.4 | |||
Banks |
5.0 | |||
Real Estate Management & Development |
4.2 | |||
Chemicals |
3.5 | |||
Food Products |
3.4 | |||
Electronic Equipment, Instruments & Components |
3.4 | |||
Capital Markets |
3.2 | |||
Construction & Engineering |
3.0 |
Glossary of Abbreviations
Other Abbreviations
(REIT) | Real Estate Investment Trust | |||
(ADR) | American Depositary Receipt |
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
BHFTII-102
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Fair Value Hierarchy(Continued)
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks |
| |||||||||||||||
Australia |
$ | 540,518 | $ | 29,172,131 | $ | 243,434 | $ | 29,956,083 | ||||||||
Austria |
| 6,526,000 | 0 | 6,526,000 | ||||||||||||
Belgium |
| 7,517,994 | | 7,517,994 | ||||||||||||
Cambodia |
| 165,631 | | 165,631 | ||||||||||||
Canada |
56,897,016 | 407,171 | 3,270 | 57,307,457 | ||||||||||||
China |
262,422 | 540,379 | | 802,801 | ||||||||||||
Colombia |
73,531 | | | 73,531 | ||||||||||||
Denmark |
| 10,678,184 | | 10,678,184 | ||||||||||||
Faeroe Islands |
| 17,203 | | 17,203 | ||||||||||||
Finland |
| 9,867,579 | | 9,867,579 | ||||||||||||
France |
56,427 | 20,061,220 | 1,133 | 20,118,780 | ||||||||||||
Georgia |
| 292,612 | | 292,612 | ||||||||||||
Germany |
25,446 | 25,875,461 | | 25,900,907 | ||||||||||||
Ghana |
| 229,602 | | 229,602 | ||||||||||||
Greece |
| 13,488 | | 13,488 | ||||||||||||
Greenland |
| 10,966 | | 10,966 | ||||||||||||
Guernsey, Channel Islands |
| | 0 | 0 | ||||||||||||
Hong Kong |
912,039 | 9,763,704 | 66,508 | 10,742,251 | ||||||||||||
India |
| 58,616 | | 58,616 | ||||||||||||
Ireland |
| 3,003,585 | | 3,003,585 | ||||||||||||
Isle of Man |
| 33,512 | | 33,512 | ||||||||||||
Israel |
203,314 | 8,390,488 | | 8,593,802 | ||||||||||||
Italy |
| 15,011,810 | 0 | 15,011,810 | ||||||||||||
Japan |
17,551 | 118,587,812 | 673,449 | 119,278,812 | ||||||||||||
Jersey, Channel Islands |
| 429,583 | | 429,583 | ||||||||||||
Liechtenstein |
| 292,971 | | 292,971 | ||||||||||||
Luxembourg |
| 1,193,562 | | 1,193,562 | ||||||||||||
Macau |
| 213,798 | | 213,798 | ||||||||||||
Malta |
| 12,077 | | 12,077 | ||||||||||||
Mongolia |
93,234 | 7,536 | | 100,770 | ||||||||||||
Netherlands |
| 10,508,010 | 0 | 10,508,010 | ||||||||||||
New Zealand |
| 2,366,501 | | 2,366,501 | ||||||||||||
Norway |
252,130 | 3,687,828 | | 3,939,958 | ||||||||||||
Peru |
| 62,918 | | 62,918 | ||||||||||||
Philippines |
| 16,705 | | 16,705 | ||||||||||||
Portugal |
| 1,682,426 | | 1,682,426 | ||||||||||||
Singapore |
135,733 | 6,163,202 | 14,120 | 6,313,055 | ||||||||||||
South Africa |
| 948,042 | | 948,042 | ||||||||||||
Spain |
| 10,317,300 | 0 | 10,317,300 | ||||||||||||
Sweden |
| 10,673,427 | | 10,673,427 | ||||||||||||
Switzerland |
303,821 | 33,799,233 | | 34,103,054 | ||||||||||||
Taiwan |
| 9,317 | | 9,317 | ||||||||||||
Tanzania |
| 137,944 | | 137,944 | ||||||||||||
United Arab Emirates |
| 76,221 | | 76,221 | ||||||||||||
United Kingdom |
57,269 | 50,499,815 | 8,398 | 50,565,482 | ||||||||||||
United States |
181,143 | 2,262,457 | 6,344 | 2,449,944 | ||||||||||||
Total Common Stocks |
60,011,594 | 401,586,021 | 1,016,656 | 462,614,271 | ||||||||||||
Total Preferred Stocks* |
| 1,261,495 | | 1,261,495 | ||||||||||||
Warrants |
| |||||||||||||||
Italy |
| 0 | | 0 | ||||||||||||
Macau |
70 | | | 70 | ||||||||||||
Singapore |
| 0 | | 0 | ||||||||||||
Total Warrants |
70 | 0 | | 70 |
BHFTII-103
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Dimensional International Small Company Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Fair Value Hierarchy(Continued)
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Rights |
| |||||||||||||||
Australia |
$ | | $ | 0 | $ | | $ | 0 | ||||||||
Austria |
| 0 | 0 | 0 | ||||||||||||
Hong Kong |
| | 0 | 0 | ||||||||||||
Total Rights |
| 0 | 0 | 0 | ||||||||||||
Total Short-Term Investment* |
| 1,127,262 | | 1,127,262 | ||||||||||||
Securities Lending Reinvestments |
| |||||||||||||||
Repurchase Agreements |
| 27,951,503 | | 27,951,503 | ||||||||||||
Mutual Funds |
7,300,002 | | | 7,300,002 | ||||||||||||
Total Securities Lending Reinvestments |
7,300,002 | 27,951,503 | | 35,251,505 | ||||||||||||
Total Investments |
$ | 67,311,666 | $ | 431,926,281 | $ | 1,016,656 | $ | 500,254,603 | ||||||||
Collateral for Securities Loaned (Liability) |
$ | | $ | (35,251,505 | ) | $ | | $ | (35,251,505 | ) |
* | See Schedule of Investments for additional detailed categorizations. |
Level 3 investments at the beginning and/or end of the period in relation to net assets were not significant and accordingly, a reconciliation of Level 3 assets for the period ended September 30, 2022 is not presented.
During the period ended September 30, 2022, transfers into Level 3 in the amount of $782,599 were due to trading halts on the securities respective exchanges which resulted in the lack of observable inputs.
During the period ended September 30, 2022, transfers out of Level 3 in the amount of $27,120 were due to the resumption of trading activity which resulted in the availability of significant observable inputs.
BHFTII-104
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Wellington Balanced Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks58.3% of Net Assets
Security Description | Shares | Value | ||||||
Aerospace & Defense1.3% | ||||||||
Boeing Co. (The) (a) |
16,350 | $ | 1,979,658 | |||||
General Dynamics Corp. |
17,009 | 3,608,800 | ||||||
Lockheed Martin Corp. |
9,350 | 3,611,811 | ||||||
Raytheon Technologies Corp. |
55,288 | 4,525,876 | ||||||
|
|
|||||||
13,726,145 | ||||||||
|
|
|||||||
Air Freight & Logistics0.1% | ||||||||
FedEx Corp. |
8,781 | 1,303,715 | ||||||
|
|
|||||||
Airlines0.1% | ||||||||
JetBlue Airways Corp. (a) |
233,227 | 1,546,295 | ||||||
|
|
|||||||
Automobiles0.7% | ||||||||
Ford Motor Co. |
94,389 | 1,057,157 | ||||||
Tesla, Inc. (a) |
22,216 | 5,892,794 | ||||||
|
|
|||||||
6,949,951 | ||||||||
|
|
|||||||
Beverages1.3% | ||||||||
Constellation Brands, Inc. - Class A |
43,144 | 9,909,314 | ||||||
Monster Beverage Corp. (a) |
49,867 | 4,336,434 | ||||||
|
|
|||||||
14,245,748 | ||||||||
|
|
|||||||
Biotechnology1.2% | ||||||||
Alkermes plc |
16,719 | 373,335 | ||||||
Alnylam Pharmaceuticals, Inc. (a) |
2,275 | 455,364 | ||||||
Apellis Pharmaceuticals, Inc. (a) |
4,537 | 309,877 | ||||||
Ascendis Pharma A/S (ADR) (a) (b) |
3,721 | 384,231 | ||||||
Biogen, Inc. (a) |
3,742 | 999,114 | ||||||
Blueprint Medicines Corp. (a) (b) |
2,211 | 145,683 | ||||||
Celldex Therapeutics, Inc. (a) (b) |
5,565 | 156,432 | ||||||
Genmab A/S (ADR) (a) (b) |
12,223 | 392,725 | ||||||
Horizon Therapeutics plc (a) |
5,524 | 341,880 | ||||||
Incyte Corp. (a) |
7,686 | 512,195 | ||||||
Karuna Therapeutics, Inc. (a) |
2,490 | 560,076 | ||||||
Mirati Therapeutics, Inc. (a) |
2,079 | 145,197 | ||||||
Moderna, Inc. (a) |
4,591 | 542,886 | ||||||
Myovant Sciences, Ltd. (a) (b) |
42,678 | 766,497 | ||||||
PTC Therapeutics, Inc. (a) |
5,400 | 271,080 | ||||||
Regeneron Pharmaceuticals, Inc. (a) |
2,544 | 1,752,485 | ||||||
REVOLUTION Medicines, Inc. (a) (b) |
5,811 | 114,593 | ||||||
Sarepta Therapeutics, Inc. (a) |
2,254 | 249,157 | ||||||
Seagen, Inc. (a) |
5,625 | 769,669 | ||||||
Syndax Pharmaceuticals, Inc. (a) |
5,925 | 142,378 | ||||||
United Therapeutics Corp. (a) |
1,534 | 321,189 | ||||||
Vertex Pharmaceuticals, Inc. (a) |
9,184 | 2,659,135 | ||||||
|
|
|||||||
12,365,178 | ||||||||
|
|
|||||||
Building Products0.5% | ||||||||
Azek Co., Inc. (The) (a) |
44,548 | 740,388 | ||||||
Builders FirstSource, Inc. (a) |
31,507 | 1,856,392 | ||||||
Fortune Brands Home & Security, Inc. |
9,529 | 511,612 | ||||||
Johnson Controls International plc |
39,071 | 1,923,075 | ||||||
|
|
|||||||
5,031,467 | ||||||||
|
|
|||||||
Capital Markets3.8% | ||||||||
Ares Management Corp. - Class A |
121,698 | 7,539,191 | ||||||
Charles Schwab Corp. (The) |
110,694 | 7,955,578 | ||||||
CME Group, Inc. |
10,813 | 1,915,307 | ||||||
Goldman Sachs Group, Inc. (The) |
19,531 | 5,723,559 | ||||||
Morgan Stanley |
111,708 | 8,826,049 | ||||||
S&P Global, Inc. |
25,812 | 7,881,694 | ||||||
|
|
|||||||
39,841,378 | ||||||||
|
|
|||||||
Chemicals1.6% | ||||||||
Cabot Corp. (b) |
34,785 | 2,222,414 | ||||||
Celanese Corp. |
18,591 | 1,679,511 | ||||||
FMC Corp. |
31,357 | 3,314,435 | ||||||
Ingevity Corp. (a) |
13,224 | 801,771 | ||||||
Linde plc |
17,204 | 4,638,026 | ||||||
Livent Corp. (a) (b) |
33,591 | 1,029,564 | ||||||
PPG Industries, Inc. |
25,048 | 2,772,563 | ||||||
|
|
|||||||
16,458,284 | ||||||||
|
|
|||||||
Commercial Services & Supplies0.2% | ||||||||
Aurora Innovation, Inc. (a) (b) |
87,391 | 193,134 | ||||||
Clean Harbors, Inc. |
7,216 | 793,616 | ||||||
Waste Connections, Inc. |
12,527 | 1,692,773 | ||||||
|
|
|||||||
2,679,523 | ||||||||
|
|
|||||||
Communications Equipment0.4% | ||||||||
Arista Networks, Inc. (a) |
39,717 | 4,483,652 | ||||||
|
|
|||||||
Construction & Engineering0.2% | ||||||||
Fluor Corp. (a) (b) |
73,095 | 1,819,335 | ||||||
|
|
|||||||
Consumer Finance0.1% | ||||||||
OneMain Holdings, Inc. (b) |
26,600 | 785,232 | ||||||
|
|
|||||||
Containers & Packaging0.1% | ||||||||
Ball Corp. |
15,649 | 756,160 | ||||||
|
|
|||||||
Diversified Financial Services0.4% | ||||||||
Equitable Holdings, Inc. |
146,629 | 3,863,674 | ||||||
Voya Financial, Inc. (b) |
14,360 | 868,780 | ||||||
|
|
|||||||
4,732,454 | ||||||||
|
|
|||||||
Diversified Telecommunication Services0.3% | ||||||||
AT&T, Inc. |
176,764 | 2,711,560 | ||||||
|
|
|||||||
Electric Utilities1.7% | ||||||||
Duke Energy Corp. |
62,357 | 5,800,448 | ||||||
Edison International |
71,304 | 4,034,380 | ||||||
Exelon Corp. |
103,473 | 3,876,099 | ||||||
FirstEnergy Corp. |
118,593 | 4,387,941 | ||||||
|
|
|||||||
18,098,868 | ||||||||
|
|
|||||||
Electrical Equipment0.1% | ||||||||
AMETEK, Inc. |
3,067 | 347,828 | ||||||
Emerson Electric Co. |
8,989 | 658,175 | ||||||
|
|
|||||||
1,006,003 | ||||||||
|
|
BHFTII-105
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Wellington Balanced Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Energy Equipment & Services0.2% | ||||||||
Schlumberger NV |
73,093 | $ | 2,624,039 | |||||
|
|
|||||||
Entertainment0.1% | ||||||||
Electronic Arts, Inc. |
7,297 | 844,336 | ||||||
|
|
|||||||
Equity Real Estate Investment Trusts1.2% | ||||||||
American Tower Corp. |
14,946 | 3,208,906 | ||||||
AvalonBay Communities, Inc. |
8,735 | 1,608,900 | ||||||
Rexford Industrial Realty, Inc. |
56,291 | 2,927,132 | ||||||
Ryman Hospitality Properties, Inc. (a) |
31,316 | 2,304,544 | ||||||
Welltower, Inc. |
47,249 | 3,039,056 | ||||||
|
|
|||||||
13,088,538 | ||||||||
|
|
|||||||
Food & Staples Retailing1.6% | ||||||||
Performance Food Group Co. (a) |
289,325 | 12,426,509 | ||||||
Sysco Corp. |
64,780 | 4,580,594 | ||||||
|
|
|||||||
17,007,103 | ||||||||
|
|
|||||||
Food Products1.1% | ||||||||
Archer-Daniels-Midland Co. |
38,728 | 3,115,668 | ||||||
Hershey Co. (The) |
26,582 | 5,860,534 | ||||||
Kellogg Co. |
35,693 | 2,486,374 | ||||||
|
|
|||||||
11,462,576 | ||||||||
|
|
|||||||
Health Care Equipment & Supplies1.7% | ||||||||
Align Technology, Inc. (a) |
6,422 | 1,330,060 | ||||||
Baxter International, Inc. |
44,112 | 2,375,872 | ||||||
Boston Scientific Corp. (a) |
93,160 | 3,608,087 | ||||||
DexCom, Inc. (a) |
18,150 | 1,461,801 | ||||||
Edwards Lifesciences Corp. (a) |
31,852 | 2,631,931 | ||||||
Inari Medical, Inc. (a) |
5,759 | 418,334 | ||||||
Insulet Corp. (a) |
6,228 | 1,428,703 | ||||||
Stryker Corp. (b) |
17,434 | 3,531,082 | ||||||
Teleflex, Inc. |
6,238 | 1,256,708 | ||||||
|
|
|||||||
18,042,578 | ||||||||
|
|
|||||||
Health Care Providers & Services2.6% | ||||||||
Agilon Health, Inc. (a) (b) |
156,027 | 3,654,152 | ||||||
Centene Corp. (a) |
48,791 | 3,796,428 | ||||||
Elevance Health, Inc. |
8,891 | 4,038,648 | ||||||
HCA Healthcare, Inc. |
15,622 | 2,871,167 | ||||||
Humana, Inc. |
15,598 | 7,567,994 | ||||||
Laboratory Corp. of America Holdings |
1,845 | 377,874 | ||||||
McKesson Corp. |
5,998 | 2,038,540 | ||||||
UnitedHealth Group, Inc. |
7,273 | 3,673,156 | ||||||
|
|
|||||||
28,017,959 | ||||||||
|
|
|||||||
Hotels, Restaurants & Leisure1.2% | ||||||||
Airbnb, Inc. - Class A (a) |
62,688 | 6,584,747 | ||||||
Hyatt Hotels Corp. - Class A (a) |
21,734 | 1,759,585 | ||||||
Starbucks Corp. |
51,777 | 4,362,730 | ||||||
|
|
|||||||
12,707,062 | ||||||||
|
|
|||||||
Household Durables0.1% | ||||||||
DR Horton, Inc. (b) |
4,967 | 334,528 | ||||||
Lennar Corp. - Class A |
4,597 | 342,706 | ||||||
|
|
|||||||
677,234 | ||||||||
|
|
|||||||
Independent Power and Renewable Electricity Producers0.3% | ||||||||
AES Corp. (The) |
134,618 | 3,042,367 | ||||||
|
|
|||||||
Industrial Conglomerates0.4% | ||||||||
Honeywell International, Inc. |
24,617 | 4,110,300 | ||||||
|
|
|||||||
Insurance2.1% | ||||||||
Allstate Corp. (The) |
16,160 | 2,012,405 | ||||||
American International Group, Inc. |
95,975 | 4,556,893 | ||||||
Assurant, Inc. |
9,210 | 1,337,937 | ||||||
Assured Guaranty, Ltd. |
39,236 | 1,900,984 | ||||||
Chubb, Ltd. |
25,049 | 4,555,912 | ||||||
Hartford Financial Services Group, Inc. (The) |
36,774 | 2,277,782 | ||||||
Marsh & McLennan Cos., Inc. |
22,556 | 3,367,385 | ||||||
Trupanion, Inc. (a) (b) |
33,780 | 2,007,545 | ||||||
|
|
|||||||
22,016,843 | ||||||||
|
|
|||||||
Interactive Media & Services3.7% | ||||||||
Alphabet, Inc. - Class A (a) |
204,614 | 19,571,329 | ||||||
Bumble, Inc. - Class A (a) (b) |
89,340 | 1,919,917 | ||||||
Cargurus, Inc. (a) (b) |
120,818 | 1,711,991 | ||||||
Match Group, Inc. (a) |
25,135 | 1,200,196 | ||||||
Meta Platforms, Inc. - Class A (a) |
110,278 | 14,962,519 | ||||||
|
|
|||||||
39,365,952 | ||||||||
|
|
|||||||
Internet & Direct Marketing Retail3.3% | ||||||||
Amazon.com, Inc. (a) |
252,337 | 28,514,081 | ||||||
Etsy, Inc. (a) (b) |
62,232 | 6,231,290 | ||||||
|
|
|||||||
34,745,371 | ||||||||
|
|
|||||||
IT Services2.3% | ||||||||
Block, Inc. (a) |
28,997 | 1,594,545 | ||||||
FleetCor Technologies, Inc. (a) |
7,207 | 1,269,657 | ||||||
Genpact, Ltd. |
36,411 | 1,593,709 | ||||||
Global Payments, Inc. |
46,375 | 5,010,819 | ||||||
GoDaddy, Inc. - Class A (a) |
37,046 | 2,625,821 | ||||||
Okta, Inc. (a) |
3,482 | 198,021 | ||||||
PayPal Holdings, Inc. (a) |
37,608 | 3,236,921 | ||||||
Snowflake, Inc. - Class A (a) |
1,802 | 306,268 | ||||||
VeriSign, Inc. (a) |
18,680 | 3,244,716 | ||||||
Visa, Inc. - Class A (b) |
19,464 | 3,457,780 | ||||||
WEX, Inc. (a) |
11,042 | 1,401,671 | ||||||
|
|
|||||||
23,939,928 | ||||||||
|
|
|||||||
Life Sciences Tools & Services1.7% | ||||||||
Agilent Technologies, Inc. |
30,498 | 3,707,032 | ||||||
Danaher Corp. |
28,381 | 7,330,528 | ||||||
ICON plc (a) |
5,720 | 1,051,222 | ||||||
Illumina, Inc. (a) |
11,358 | 2,166,993 | ||||||
NanoString Technologies, Inc. (a) (b) |
24,785 | 316,504 | ||||||
Syneos Health, Inc. (a) |
42,966 | 2,025,847 |
BHFTII-106
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Wellington Balanced Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Life Sciences Tools & Services(Continued) | ||||||||
Waters Corp. (a) |
3,452 | $ | 930,418 | |||||
|
|
|||||||
17,528,544 | ||||||||
|
|
|||||||
Machinery1.2% | ||||||||
Caterpillar, Inc. |
9,966 | 1,635,221 | ||||||
Flowserve Corp. |
46,873 | 1,139,014 | ||||||
Fortive Corp. |
17,660 | 1,029,578 | ||||||
Ingersoll Rand, Inc. (b) |
33,924 | 1,467,552 | ||||||
Kennametal, Inc. (b) |
30,598 | 629,707 | ||||||
Middleby Corp. (The) (a) |
11,788 | 1,510,868 | ||||||
PACCAR, Inc. |
20,917 | 1,750,544 | ||||||
Westinghouse Air Brake Technologies Corp. |
41,825 | 3,402,464 | ||||||
|
|
|||||||
12,564,948 | ||||||||
|
|
|||||||
Media1.0% | ||||||||
Charter Communications, Inc. - Class A (a) |
10,584 | 3,210,656 | ||||||
New York Times Co. (The) - Class A |
59,136 | 1,700,160 | ||||||
Omnicom Group, Inc. (b) |
97,543 | 6,153,988 | ||||||
|
|
|||||||
11,064,804 | ||||||||
|
|
|||||||
Metals & Mining0.0% | ||||||||
Foresight Energy LLC (a) |
1,359 | 14,948 | ||||||
|
|
|||||||
Oil, Gas & Consumable Fuels2.8% | ||||||||
BP plc (ADR) |
176,311 | 5,033,679 | ||||||
ConocoPhillips |
68,548 | 7,015,202 | ||||||
EOG Resources, Inc. |
9,169 | 1,024,452 | ||||||
Marathon Petroleum Corp. |
32,135 | 3,191,970 | ||||||
Pioneer Natural Resources Co. (b) |
7,307 | 1,582,185 | ||||||
Shell plc (ADR) |
238,123 | 11,849,000 | ||||||
|
|
|||||||
29,696,488 | ||||||||
|
|
|||||||
Pharmaceuticals3.5% | ||||||||
Aclaris Therapeutics, Inc. (a) (b) |
9,585 | 150,868 | ||||||
AstraZeneca plc (ADR) |
73,168 | 4,012,533 | ||||||
Bristol-Myers Squibb Co. |
78,611 | 5,588,456 | ||||||
Elanco Animal Health, Inc. (a) |
66,319 | 823,019 | ||||||
Eli Lilly and Co. |
33,181 | 10,729,076 | ||||||
GSK plc (ADR) (b) |
23,955 | 704,996 | ||||||
Intra-Cellular Therapies, Inc. (a) |
11,938 | 555,475 | ||||||
Novartis AG (ADR) |
37,839 | 2,876,142 | ||||||
Pfizer, Inc. |
198,362 | 8,680,321 | ||||||
Royalty Pharma plc - Class A |
6,094 | 244,857 | ||||||
Zoetis, Inc. |
17,129 | 2,540,060 | ||||||
|
|
|||||||
36,905,803 | ||||||||
|
|
|||||||
Professional Services0.3% | ||||||||
Science Applications International Corp. (b) |
19,348 | 1,710,944 | ||||||
TriNet Group, Inc. (a) |
14,154 | 1,008,048 | ||||||
|
|
|||||||
2,718,992 | ||||||||
|
|
|||||||
Semiconductors & Semiconductor Equipment2.2% | ||||||||
Advanced Micro Devices, Inc. (a) |
53,966 | 3,419,286 | ||||||
Intel Corp. |
23,467 | 604,744 | ||||||
Semiconductors & Semiconductor Equipment(Continued) | ||||||||
KLA Corp. |
8,233 | 2,491,553 | ||||||
Marvell Technology, Inc. |
45,750 | 1,963,132 | ||||||
Micron Technology, Inc. |
55,956 | 2,803,396 | ||||||
NVIDIA Corp. |
12,062 | 1,464,206 | ||||||
ON Semiconductor Corp. |
49,385 | 3,078,167 | ||||||
Teradyne, Inc. (b) |
25,238 | 1,896,636 | ||||||
Texas Instruments, Inc. |
36,704 | 5,681,045 | ||||||
|
|
|||||||
23,402,165 | ||||||||
|
|
|||||||
Software5.1% | ||||||||
Adobe, Inc. (a) |
4,491 | 1,235,923 | ||||||
Ceridian HCM Holding, Inc. (a) |
37,389 | 2,089,297 | ||||||
Guidewire Software, Inc. (a) |
9,466 | 582,916 | ||||||
Hashicorp, Inc. - Class A (a) (b) |
27,482 | 884,646 | ||||||
HubSpot, Inc. (a) |
695 | 187,733 | ||||||
Microsoft Corp. |
169,854 | 39,558,997 | ||||||
Palo Alto Networks, Inc. (a) (b) |
5,145 | 842,700 | ||||||
Qualtrics International, Inc. - Class A (a) (b) |
30,991 | 315,488 | ||||||
Rapid7, Inc. (a) (b) |
4,392 | 188,417 | ||||||
Salesforce, Inc. (a) |
27,309 | 3,928,127 | ||||||
SentinelOne, Inc. - Class A (a) |
12,636 | 322,976 | ||||||
ServiceNow, Inc. (a) |
6,408 | 2,419,725 | ||||||
UiPath, Inc. - Class A (a) (b) |
21,181 | 267,092 | ||||||
Varonis Systems, Inc. (a) (b) |
9,120 | 241,862 | ||||||
Workday, Inc. - Class A (a) |
7,503 | 1,142,107 | ||||||
|
|
|||||||
54,208,006 | ||||||||
|
|
|||||||
Specialty Retail0.6% | ||||||||
TJX Cos., Inc. (The) |
95,594 | 5,938,299 | ||||||
|
|
|||||||
Technology Hardware, Storage & Peripherals2.1% | ||||||||
Apple, Inc. |
157,898 | 21,821,504 | ||||||
|
|
|||||||
Textiles, Apparel & Luxury Goods0.5% | ||||||||
NIKE, Inc. - Class B |
65,626 | 5,454,833 | ||||||
|
|
|||||||
Tobacco0.5% | ||||||||
Philip Morris International, Inc. |
69,217 | 5,745,703 | ||||||
|
|
|||||||
Trading Companies & Distributors0.1% | ||||||||
United Rentals, Inc. (a) |
1,091 | 294,701 | ||||||
WESCO International, Inc. (a) |
9,508 | 1,135,065 | ||||||
|
|
|||||||
1,429,766 | ||||||||
|
|
|||||||
Wireless Telecommunication Services0.7% | ||||||||
T-Mobile U.S., Inc. (a) |
58,796 | 7,888,659 | ||||||
|
|
|||||||
Total Common Stocks |
616,616,596 | |||||||
|
|
BHFTII-107
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Wellington Balanced Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
U.S. Treasury & Government Agencies21.8%
Security Description | Principal Amount* |
Value | ||||||
Agency Sponsored Mortgage - Backed15.9% | ||||||||
Connecticut Avenue Securities Trust (CMO) |
29,819 | $ | 29,734 | |||||
Fannie Mae 15 Yr. Pool |
448,458 | 431,920 | ||||||
3.000%, 02/01/31 |
62,257 | 58,792 | ||||||
3.000%, 08/01/33 |
169,942 | 158,485 | ||||||
4.000%, 04/01/26 |
8,084 | 7,824 | ||||||
4.000%, 02/01/29 |
165,301 | 159,952 | ||||||
4.500%, 06/01/24 |
18,899 | 18,598 | ||||||
4.500%, 02/01/25 |
6,299 | 6,197 | ||||||
4.500%, 04/01/25 |
1,341 | 1,319 | ||||||
4.500%, 07/01/25 |
4,549 | 4,474 | ||||||
4.500%, 06/01/26 |
134,252 | 132,074 | ||||||
Fannie Mae 20 Yr. Pool |
317,040 | 265,729 | ||||||
2.000%, 12/01/40 |
1,150,246 | 963,855 | ||||||
2.000%, 04/01/41 |
342,977 | 287,357 | ||||||
2.000%, 05/01/41 |
112,020 | 93,838 | ||||||
2.000%, 10/01/41 |
417,184 | 349,195 | ||||||
2.000%, 02/01/42 |
260,646 | 218,660 | ||||||
2.500%, 06/01/40 |
726,699 | 627,387 | ||||||
3.000%, 03/01/37 |
333,438 | 304,810 | ||||||
Fannie Mae 30 Yr. Pool |
233,760 | 190,601 | ||||||
2.000%, 12/01/50 |
642,769 | 523,090 | ||||||
2.000%, 01/01/51 |
376,432 | 308,409 | ||||||
2.000%, 02/01/51 |
2,150,564 | 1,751,334 | ||||||
2.000%, 03/01/51 |
3,594,582 | 2,925,538 | ||||||
2.000%, 04/01/51 |
3,795,217 | 3,090,041 | ||||||
2.000%, 05/01/51 |
1,319,093 | 1,073,669 | ||||||
2.000%, 07/01/51 |
594,094 | 483,137 | ||||||
2.000%, 03/01/52 |
4,892,774 | 3,973,271 | ||||||
2.500%, 06/01/50 |
307,002 | 259,584 | ||||||
2.500%, 10/01/50 |
714,575 | 607,160 | ||||||
2.500%, 05/01/51 |
3,872,213 | 3,276,585 | ||||||
2.500%, 06/01/51 |
671,589 | 567,954 | ||||||
2.500%, 08/01/51 |
1,239,847 | 1,050,518 | ||||||
2.500%, 09/01/51 |
260,373 | 219,777 | ||||||
2.500%, 10/01/51 |
251,955 | 212,267 | ||||||
2.500%, 11/01/51 |
3,027,187 | 2,568,403 | ||||||
2.500%, 01/01/52 |
472,978 | 399,494 | ||||||
2.500%, 02/01/52 |
2,082,561 | 1,753,750 | ||||||
2.500%, 03/01/52 |
325,493 | 275,302 | ||||||
2.500%, 05/01/52 |
472,534 | 399,149 | ||||||
3.000%, 02/01/43 |
381,115 | 341,813 | ||||||
3.000%, 03/01/43 |
472,666 | 423,523 | ||||||
3.000%, 04/01/43 |
461,522 | 413,636 | ||||||
3.000%, 05/01/43 |
1,210,169 | 1,084,463 | ||||||
3.000%, 06/01/43 |
153,639 | 137,558 | ||||||
3.000%, 02/01/50 |
215,451 | 189,920 | ||||||
3.000%, 08/01/50 |
182,659 | 161,034 | ||||||
3.000%, 04/01/51 |
156,746 | 137,305 | ||||||
3.000%, 05/01/51 |
415,256 | 366,338 | ||||||
3.000%, 08/01/51 |
202,926 | 178,110 | ||||||
3.000%, 10/01/51 |
129,629 | 113,481 | ||||||
3.000%, 11/01/51 |
1,054,900 | 924,097 | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Fannie Mae 30 Yr. Pool | ||||||||
3.000%, 12/01/51 |
595,095 | 520,882 | ||||||
3.500%, 03/01/43 |
15,013 | 13,764 | ||||||
3.500%, 05/01/43 |
35,488 | 32,609 | ||||||
3.500%, 07/01/43 |
86,530 | 79,511 | ||||||
3.500%, 08/01/43 |
132,222 | 121,487 | ||||||
3.500%, 10/01/44 |
144,214 | 132,195 | ||||||
3.500%, 02/01/45 |
142,047 | 130,515 | ||||||
3.500%, 01/01/46 |
161,155 | 148,179 | ||||||
3.500%, 03/01/46 |
125,461 | 115,369 | ||||||
3.500%, 09/01/46 |
219,353 | 201,110 | ||||||
3.500%, 10/01/46 |
94,559 | 86,737 | ||||||
3.500%, 11/01/46 |
109,601 | 100,693 | ||||||
3.500%, 12/01/46 |
598,399 | 549,765 | ||||||
3.500%, 05/01/47 |
207,369 | 190,653 | ||||||
3.500%, 09/01/47 |
453,350 | 414,264 | ||||||
3.500%, 12/01/47 |
61,114 | 55,840 | ||||||
3.500%, 01/01/48 |
245,071 | 224,001 | ||||||
3.500%, 02/01/48 |
285,665 | 261,303 | ||||||
3.500%, 07/01/48 |
316,629 | 291,121 | ||||||
3.500%, 11/01/48 |
66,028 | 60,391 | ||||||
3.500%, 04/01/52 |
688,846 | 627,192 | ||||||
4.000%, 10/01/40 |
302,185 | 288,111 | ||||||
4.000%, 11/01/40 |
115,086 | 109,706 | ||||||
4.000%, 12/01/40 |
81,892 | 78,060 | ||||||
4.000%, 02/01/41 |
41,309 | 39,381 | ||||||
4.000%, 03/01/41 |
111,726 | 106,506 | ||||||
4.000%, 08/01/42 |
63,066 | 60,050 | ||||||
4.000%, 09/01/42 |
111,805 | 106,578 | ||||||
4.000%, 03/01/45 |
12,619 | 11,990 | ||||||
4.000%, 07/01/45 |
91,267 | 86,335 | ||||||
4.000%, 05/01/46 |
25,647 | 24,314 | ||||||
4.000%, 06/01/46 |
101,798 | 96,494 | ||||||
4.000%, 04/01/47 |
127,147 | 120,436 | ||||||
4.000%, 10/01/47 |
441,130 | 417,759 | ||||||
4.000%, 06/01/48 |
875,884 | 829,012 | ||||||
4.000%, 09/01/48 |
160,742 | 151,884 | ||||||
4.000%, 01/01/49 |
368,477 | 348,125 | ||||||
4.000%, 04/01/49 |
1,013,252 | 958,107 | ||||||
4.000%, 04/01/50 |
684,615 | 644,205 | ||||||
4.000%, 06/01/52 |
394,073 | 366,606 | ||||||
4.500%, 10/01/40 |
237,753 | 232,958 | ||||||
4.500%, 09/01/41 |
27,617 | 27,056 | ||||||
4.500%, 10/01/41 |
110,871 | 108,628 | ||||||
4.500%, 08/01/42 |
38,370 | 37,593 | ||||||
4.500%, 09/01/43 |
566,347 | 552,690 | ||||||
4.500%, 10/01/43 |
89,956 | 87,757 | ||||||
4.500%, 12/01/43 |
73,861 | 72,366 | ||||||
4.500%, 01/01/44 |
193,328 | 189,471 | ||||||
4.500%, 04/01/49 |
147,272 | 142,499 | ||||||
5.000%, 07/01/41 |
17,626 | 17,629 | ||||||
5.000%, 08/01/41 |
11,323 | 11,413 | ||||||
5.500%, 08/01/28 |
15,764 | 15,686 | ||||||
5.500%, 04/01/33 |
19,792 | 20,322 | ||||||
5.500%, 08/01/37 |
112,402 | 115,779 | ||||||
5.500%, 04/01/41 |
7,963 | 8,002 |
BHFTII-108
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Wellington Balanced Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
U.S. Treasury & Government Agencies(Continued)
Security Description | Principal Amount* |
Value | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Fannie Mae 30 Yr. Pool | ||||||||
6.000%, 03/01/28 |
573 | $ | 583 | |||||
6.000%, 02/01/34 |
79,945 | 82,593 | ||||||
6.000%, 08/01/34 |
41,467 | 43,576 | ||||||
6.000%, 04/01/35 |
354,856 | 372,789 | ||||||
6.000%, 02/01/38 |
22,732 | 23,758 | ||||||
6.000%, 03/01/38 |
9,742 | 10,236 | ||||||
6.000%, 05/01/38 |
27,309 | 28,727 | ||||||
6.000%, 10/01/38 |
6,927 | 7,178 | ||||||
6.000%, 12/01/38 |
11,218 | 11,791 | ||||||
6.500%, 05/01/40 |
189,100 | 198,534 | ||||||
Fannie Mae ARM Pool |
4,144 | 4,091 | ||||||
3.279%, 12M LIBOR + 1.771%, 06/01/41 (c) |
31,202 | 31,801 | ||||||
3.870%, 12M LIBOR + 1.823%, 09/01/41 (c) |
27,175 | 27,744 | ||||||
4.219%, 12M LIBOR + 1.969%, 12/01/40 (c) |
9,351 | 9,342 | ||||||
Fannie Mae Connecticut Avenue Securities (CMO) |
||||||||
6.634%, 1M LIBOR + 3.550%, 07/25/29 (c) |
189,151 | 191,112 | ||||||
7.434%, 1M LIBOR + 4.350%, 05/25/29 (c) |
324,527 | 331,926 | ||||||
7.984%, 1M LIBOR + 4.900%, 11/25/24 (c) |
79,149 | 81,796 | ||||||
8.784%, 1M LIBOR + 5.700%, 04/25/28 (c) |
63,180 | 65,415 | ||||||
9.084%, 1M LIBOR + 6.000%, 09/25/28 (c) |
29,024 | 30,054 | ||||||
Fannie Mae Interest Strip (CMO) |
152,592 | 136,040 | ||||||
4.000%, 05/25/27 (d) |
67,017 | 2,768 | ||||||
Fannie Mae Pool |
200,057 | 162,808 | ||||||
2.500%, 01/01/57 |
583,919 | 490,463 | ||||||
3.400%, 09/01/32 |
260,000 | 235,808 | ||||||
3.500%, 09/01/57 |
1,040,152 | 945,861 | ||||||
3.500%, 05/01/58 |
612,105 | 555,888 | ||||||
3.520%, 11/01/32 |
380,000 | 348,396 | ||||||
3.650%, 07/01/32 |
175,000 | 162,155 | ||||||
3.890%, 09/01/32 |
382,798 | 362,386 | ||||||
4.000%, 06/01/41 |
359,704 | 338,659 | ||||||
4.500%, 01/01/51 |
657,064 | 638,128 | ||||||
Fannie Mae REMICS (CMO) | ||||||||
Zero Coupon, 03/25/36 (e) |
12,578 | 10,573 | ||||||
Zero Coupon, 06/25/36 (e) |
105,362 | 88,998 | ||||||
Zero Coupon, 06/25/41 (e) |
94,231 | 73,036 | ||||||
0.096%, 08/25/44 (c) (d) |
188,434 | 8,521 | ||||||
0.111%, 04/25/55 (c) (d) |
277,464 | 9,034 | ||||||
0.273%, 05/25/46 (c) (d) |
248,929 | 9,342 | ||||||
0.337%, 06/25/55 (c) (d) |
205,645 | 8,352 | ||||||
1.750%, 12/25/42 |
265,019 | 230,375 | ||||||
2.500%, 06/25/28 (d) |
56,050 | 2,701 | ||||||
3.000%, 02/25/27 (d) |
92,265 | 2,815 | ||||||
3.000%, 09/25/27 (d) |
46,038 | 2,377 | ||||||
3.000%, 01/25/28 (d) |
283,812 | 13,936 | ||||||
3.000%, 03/25/43 |
402,979 | 360,410 | ||||||
3.000%, 04/25/43 |
491,101 | 441,766 | ||||||
3.000%, 08/25/49 |
327,973 | 299,479 | ||||||
3.500%, 05/25/27 (d) |
127,993 | 7,014 | ||||||
3.500%, 10/25/27 (d) |
82,799 | 5,079 | ||||||
3.500%, 05/25/30 (d) |
108,037 | 8,742 | ||||||
3.500%, 08/25/30 (d) |
30,385 | 2,062 | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Fannie Mae REMICS (CMO) | ||||||||
3.500%, 02/25/31 (d) |
48,774 | 2,286 | ||||||
3.500%, 03/25/34 (d) |
1,120,410 | 70,238 | ||||||
3.500%, 09/25/35 (d) |
75,800 | 7,908 | ||||||
3.500%, 11/25/39 (d) |
601,328 | 60,241 | ||||||
3.500%, 01/25/42 |
416,000 | 382,008 | ||||||
3.500%, 04/25/46 |
164,581 | 137,535 | ||||||
3.500%, 10/25/46 (d) |
78,876 | 13,993 | ||||||
3.500%, 12/25/58 |
586,399 | 547,178 | ||||||
4.000%, 03/25/42 (d) |
46,837 | 6,188 | ||||||
4.000%, 11/25/42 (d) |
29,707 | 3,638 | ||||||
4.500%, 07/25/27 (d) |
23,538 | 779 | ||||||
5.000%, 12/25/43 (d) |
331,057 | 64,747 | ||||||
5.000%, 06/25/48 (d) |
378,376 | 60,991 | ||||||
5.500%, 04/25/35 |
189,468 | 196,107 | ||||||
5.500%, 04/25/37 |
52,804 | 53,578 | ||||||
5.500%, 11/25/40 (d) |
372,434 | 58,608 | ||||||
5.500%, 09/25/44 (d) |
253,335 | 50,304 | ||||||
5.500%, 06/25/48 (d) |
270,885 | 55,041 | ||||||
5.528%, 05/25/42 (c) (d) |
11,090 | 1,119 | ||||||
6.000%, 01/25/42 (d) |
227,713 | 28,643 | ||||||
Fannie Mae-ACES |
1,888,781 | 29,669 | ||||||
1.321%, 06/25/34 (c) (d) |
4,170,248 | 379,126 | ||||||
1.510%, 05/25/29 (c) (d) |
2,339,016 | 133,184 | ||||||
3.329%, 10/25/23 (c) |
200,534 | 197,045 | ||||||
Freddie Mac 15 Yr. Gold Pool |
195,358 | 187,834 | ||||||
3.000%, 08/01/29 |
125,395 | 119,186 | ||||||
3.000%, 04/01/33 |
242,637 | 226,384 | ||||||
Freddie Mac 15 Yr. Pool |
238,740 | 222,497 | ||||||
Freddie Mac 20 Yr. Gold Pool |
81,450 | 68,230 | ||||||
2.000%, 12/01/41 |
563,780 | 471,897 | ||||||
3.000%, 11/01/36 |
433,002 | 399,342 | ||||||
3.000%, 01/01/37 |
285,684 | 263,478 | ||||||
3.500%, 08/01/34 |
242,920 | 228,241 | ||||||
Freddie Mac 20 Yr. Pool |
522,129 | 437,371 | ||||||
Freddie Mac 30 Yr. Gold Pool | ||||||||
3.000%, 12/01/44 |
5,250 | 4,686 | ||||||
3.000%, 08/01/46 |
464,538 | 413,761 | ||||||
3.000%, 10/01/46 |
473,346 | 422,224 | ||||||
3.000%, 11/01/46 |
1,062,405 | 945,281 | ||||||
3.000%, 12/01/46 |
311,907 | 277,524 | ||||||
3.000%, 01/01/47 |
290,976 | 258,539 | ||||||
3.500%, 08/01/42 |
59,551 | 55,277 | ||||||
3.500%, 11/01/42 |
73,919 | 67,971 | ||||||
3.500%, 06/01/46 |
76,187 | 70,061 | ||||||
3.500%, 10/01/47 |
290,226 | 265,432 | ||||||
3.500%, 03/01/48 |
274,298 | 251,865 | ||||||
4.000%, 05/01/42 |
250,055 | 238,645 | ||||||
4.000%, 08/01/42 |
83,404 | 79,587 | ||||||
4.000%, 09/01/42 |
118,021 | 112,557 | ||||||
4.000%, 07/01/44 |
5,504 | 5,216 |
BHFTII-109
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Wellington Balanced Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
U.S. Treasury & Government Agencies(Continued)
Security Description | Principal Amount* |
Value | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Freddie Mac 30 Yr. Gold Pool | ||||||||
4.000%, 02/01/46 |
81,583 | $ | 77,608 | |||||
4.000%, 09/01/48 |
41,563 | 39,306 | ||||||
4.500%, 09/01/43 |
38,149 | 37,432 | ||||||
4.500%, 11/01/43 |
340,975 | 334,442 | ||||||
5.000%, 05/01/39 |
3,060 | 3,051 | ||||||
5.000%, 06/01/41 |
197,083 | 198,611 | ||||||
5.500%, 07/01/33 |
46,622 | 46,988 | ||||||
5.500%, 04/01/39 |
19,933 | 20,613 | ||||||
5.500%, 06/01/41 |
72,844 | 75,330 | ||||||
Freddie Mac 30 Yr. Pool |
239,538 | 195,103 | ||||||
2.000%, 10/01/50 |
460,241 | 374,866 | ||||||
2.000%, 02/01/51 |
726,873 | 592,288 | ||||||
2.000%, 03/01/51 |
2,217,926 | 1,805,631 | ||||||
2.000%, 04/01/51 |
800,095 | 650,796 | ||||||
2.000%, 05/01/51 |
443,997 | 362,392 | ||||||
2.000%, 08/01/51 |
182,189 | 148,106 | ||||||
2.000%, 11/01/51 |
186,563 | 151,604 | ||||||
2.000%, 03/01/52 |
4,011,396 | 3,254,370 | ||||||
2.000%, 04/01/52 |
718,293 | 584,475 | ||||||
2.500%, 05/01/50 |
248,332 | 210,162 | ||||||
2.500%, 06/01/50 |
313,378 | 264,819 | ||||||
2.500%, 07/01/50 |
991,053 | 837,486 | ||||||
2.500%, 05/01/51 |
206,507 | 174,935 | ||||||
2.500%, 07/01/51 |
88,580 | 74,682 | ||||||
2.500%, 08/01/51 |
167,675 | 141,261 | ||||||
2.500%, 10/01/51 |
319,079 | 269,012 | ||||||
2.500%, 04/01/52 |
231,445 | 194,925 | ||||||
3.000%, 07/01/50 |
221,453 | 194,216 | ||||||
3.500%, 12/01/47 |
117,564 | 107,391 | ||||||
3.500%, 12/01/48 |
175,108 | 159,848 | ||||||
4.000%, 04/01/49 |
743,883 | 701,387 | ||||||
4.000%, 07/01/49 |
381,023 | 359,826 | ||||||
Freddie Mac ARM Non-Gold Pool |
16,704 | 16,599 | ||||||
Freddie Mac Multifamily Structured Pass-Through Certificates |
4,075,937 | 90,821 | ||||||
0.752%, 10/25/26 (c) (d) |
1,143,212 | 22,804 | ||||||
0.887%, 06/25/27 (c) (d) |
2,416,658 | 68,541 | ||||||
0.973%, 11/25/30 (c) (d) |
962,480 | 51,822 | ||||||
1.120%, 10/25/30 (c) (d) |
1,657,962 | 101,115 | ||||||
1.211%, 06/25/30 (c) (d) |
3,038,775 | 202,974 | ||||||
1.246%, 01/25/30 (c) (d) |
2,484,329 | 155,485 | ||||||
1.535%, 05/25/30 (c) (d) |
2,358,678 | 198,185 | ||||||
1.680%, 05/25/30 (c) (d) |
1,484,380 | 135,292 | ||||||
Freddie Mac REMICS (CMO) | ||||||||
Zero Coupon, 11/15/36 (e) |
10,376 | 8,595 | ||||||
1.750%, 10/15/42 |
148,739 | 127,360 | ||||||
2.000%, 07/25/50 |
165,903 | 141,083 | ||||||
2.500%, 05/15/28 (d) |
62,911 | 3,058 | ||||||
3.000%, 03/15/28 (d) |
131,679 | 7,513 | ||||||
3.000%, 05/15/32 (d) |
62,525 | 2,145 | ||||||
3.000%, 03/15/33 (d) |
74,489 | 6,987 | ||||||
3.000%, 05/15/46 |
271,408 | 252,000 | ||||||
3.250%, 11/15/41 |
91,092 | 84,860 | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Freddie Mac REMICS (CMO) | ||||||||
3.500%, 09/15/26 (d) |
26,790 | 1,204 | ||||||
3.500%, 03/15/27 (d) |
32,451 | 1,367 | ||||||
3.500%, 03/15/41 (d) |
71,955 | 3,501 | ||||||
3.500%, 10/15/45 |
95,509 | 86,718 | ||||||
3.500%, 12/15/46 |
301,517 | 280,383 | ||||||
4.000%, 07/15/27 (d) |
110,428 | 3,869 | ||||||
4.000%, 03/15/28 (d) |
65,122 | 2,741 | ||||||
4.000%, 06/15/28 (d) |
35,209 | 1,687 | ||||||
4.000%, 07/15/30 (d) |
99,604 | 8,925 | ||||||
4.000%, 05/25/40 (d) |
357,235 | 57,612 | ||||||
4.000%, 09/15/41 |
336,695 | 323,814 | ||||||
4.750%, 07/15/39 |
233,786 | 231,117 | ||||||
5.000%, 09/15/33 (d) |
97,521 | 15,981 | ||||||
5.000%, 02/15/48 (d) |
136,623 | 29,463 | ||||||
5.500%, 08/15/33 |
24,918 | 25,431 | ||||||
5.500%, 07/15/36 |
57,448 | 58,776 | ||||||
5.500%, 06/15/46 |
77,515 | 79,301 | ||||||
6.500%, 07/15/36 |
72,180 | 74,324 | ||||||
6.500%, 04/15/39 (d) |
341,110 | 71,009 | ||||||
Freddie Mac STACR Trust (CMO) |
333,863 | 327,388 | ||||||
5.134%, 1M LIBOR + 2.050%, 07/25/49 (144A) (c) |
302,314 | 297,976 | ||||||
Ginnie Mae I 30 Yr. Pool |
19,051 | 16,927 | ||||||
3.000%, 02/15/45 |
23,473 | 20,856 | ||||||
3.000%, 04/15/45 |
192,645 | 171,171 | ||||||
3.000%, 05/15/45 |
809,077 | 718,700 | ||||||
3.000%, 07/15/45 |
7,833 | 6,958 | ||||||
3.875%, 08/15/42 |
238,820 | 228,601 | ||||||
4.000%, 09/15/42 |
314,815 | 303,087 | ||||||
4.500%, 04/15/41 |
205,288 | 202,478 | ||||||
4.500%, 02/15/42 |
401,238 | 395,774 | ||||||
5.000%, 12/15/38 |
17,268 | 17,478 | ||||||
5.000%, 04/15/39 |
318,794 | 322,636 | ||||||
5.000%, 07/15/39 |
21,319 | 21,577 | ||||||
5.000%, 12/15/40 |
46,640 | 47,204 | ||||||
5.500%, 12/15/40 |
174,258 | 184,478 | ||||||
Ginnie Mae II 30 Yr. Pool | ||||||||
2.000%, 10/20/50 |
740,166 | 621,363 | ||||||
2.000%, TBA (f) |
1,160,000 | 965,791 | ||||||
2.500%, 09/20/51 |
595,696 | 513,776 | ||||||
2.500%, 10/20/51 |
1,978,169 | 1,705,947 | ||||||
2.500%, TBA (f) |
5,365,000 | 4,609,185 | ||||||
3.000%, 04/20/51 |
692,435 | 615,292 | ||||||
3.000%, 08/20/51 |
474,842 | 421,913 | ||||||
3.000%, 09/20/51 |
777,733 | 691,040 | ||||||
3.000%, 12/20/51 |
1,938,901 | 1,717,190 | ||||||
3.000%, TBA (f) |
8,855,000 | 7,824,569 | ||||||
3.500%, 06/20/46 |
357,320 | 330,244 | ||||||
3.500%, 07/20/46 |
84,715 | 78,278 | ||||||
3.500%, 10/20/46 |
90,006 | 83,168 | ||||||
3.500%, 02/20/47 |
411,093 | 379,899 | ||||||
3.500%, 08/20/47 |
73,968 | 68,229 | ||||||
3.500%, 11/20/47 |
83,929 | 77,278 | ||||||
3.500%, 03/20/48 |
107,974 | 99,457 |
BHFTII-110
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Wellington Balanced Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
U.S. Treasury & Government Agencies(Continued)
Security Description | Principal Amount* |
Value | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Ginnie Mae II 30 Yr. Pool | ||||||||
3.500%, 02/20/49 |
322,462 | $ | 296,946 | |||||
3.500%, 07/20/49 |
311,701 | 286,378 | ||||||
3.500%, 01/20/51 |
86,919 | 79,762 | ||||||
3.500%, TBA (f) |
5,170,000 | 4,702,075 | ||||||
4.000%, 08/20/45 |
308,353 | 293,115 | ||||||
4.000%, 11/20/47 |
115,917 | 109,030 | ||||||
4.000%, 03/20/48 |
258,899 | 244,057 | ||||||
4.000%, 07/20/48 |
835,833 | 791,852 | ||||||
4.000%, TBA (f) |
1,070,000 | 999,154 | ||||||
4.500%, 01/20/46 |
40,700 | 40,319 | ||||||
4.500%, TBA (f) |
6,195,000 | 5,929,535 | ||||||
5.000%, 10/20/39 |
7,083 | 7,193 | ||||||
5.000%, 11/20/49 |
323,849 | 318,557 | ||||||
Government National Mortgage Association (CMO) |
838,359 | 14,137 | ||||||
2.500%, 12/16/39 |
107,549 | 100,907 | ||||||
2.500%, 07/20/41 |
218,150 | 200,096 | ||||||
3.000%, 09/20/28 (d) |
53,989 | 2,778 | ||||||
3.000%, 05/20/35 (d) |
747,075 | 45,322 | ||||||
3.000%, 02/16/43 (d) |
64,915 | 8,398 | ||||||
3.500%, 02/16/27 (d) |
21,548 | 1,065 | ||||||
3.500%, 03/20/27 (d) |
57,656 | 2,936 | ||||||
3.500%, 10/20/29 (d) |
364,171 | 31,033 | ||||||
3.500%, 07/20/40 (d) |
45,964 | 2,276 | ||||||
3.500%, 02/20/41 (d) |
58,093 | 1,519 | ||||||
3.500%, 04/20/42 (d) |
149,969 | 9,037 | ||||||
3.500%, 10/20/42 (d) |
358,939 | 55,246 | ||||||
3.500%, 05/20/43 (d) |
43,089 | 6,825 | ||||||
3.500%, 07/20/43 (d) |
133,602 | 17,644 | ||||||
4.000%, 12/16/26 (d) |
12,461 | 561 | ||||||
4.000%, 05/20/29 (d) |
209,023 | 8,977 | ||||||
4.000%, 05/16/42 (d) |
39,066 | 4,620 | ||||||
4.000%, 09/16/42 (d) |
594,759 | 124,810 | ||||||
4.000%, 03/20/43 (d) |
65,003 | 12,335 | ||||||
4.000%, 01/20/44 (d) |
30,345 | 5,639 | ||||||
4.000%, 11/20/44 (d) |
500,395 | 75,126 | ||||||
4.000%, 03/20/47 (d) |
204,064 | 31,247 | ||||||
4.500%, 04/20/45 (d) |
101,278 | 19,054 | ||||||
4.500%, 08/20/45 (d) |
393,388 | 77,360 | ||||||
4.500%, 05/20/48 (d) |
321,428 | 45,313 | ||||||
5.000%, 02/16/40 (d) |
251,878 | 55,850 | ||||||
5.000%, 10/16/41 (d) |
131,843 | 21,816 | ||||||
5.000%, 12/20/43 (d) |
294,435 | 56,346 | ||||||
5.000%, 01/16/47 (d) |
55,950 | 12,043 | ||||||
5.500%, 03/20/39 (d) |
156,417 | 28,123 | ||||||
5.500%, 02/16/47 (d) |
176,421 | 29,438 | ||||||
5.500%, 02/20/47 (d) |
112,356 | 20,324 | ||||||
6.000%, 09/20/40 (d) |
216,415 | 42,551 | ||||||
6.000%, 02/20/46 (d) |
177,923 | 36,551 | ||||||
Uniform Mortgage-Backed Securities 15 Yr. Pool |
1,976,000 | 1,694,188 | ||||||
3.500%, TBA (f) |
4,645,000 | 4,389,525 | ||||||
Uniform Mortgage-Backed Securities 30 Yr. Pool | ||||||||
1.500%, TBA (f) |
2,125,000 | 1,629,111 | ||||||
2.000%, TBA (f) |
1,390,000 | 1,125,140 | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Uniform Mortgage-Backed Securities 30 Yr. Pool | ||||||||
2.500%, TBA (f) |
21,361,000 | 17,917,790 | ||||||
3.000%, TBA (f) |
14,276,000 | 12,422,908 | ||||||
3.500%, TBA (f) |
599,000 | 539,053 | ||||||
4.500%, TBA (f) |
5,935,000 | 5,653,551 | ||||||
5.000%, TBA (f) |
6,430,000 | 6,263,255 | ||||||
|
|
|||||||
168,194,987 | ||||||||
|
|
|||||||
U.S. Treasury5.9% | ||||||||
U.S. Treasury Bonds |
4,162,000 | 2,578,164 | ||||||
1.250%, 05/15/50 |
11,030,000 | 6,173,353 | ||||||
1.375%, 11/15/40 |
3,040,000 | 1,965,194 | ||||||
1.625%, 11/15/50 (b) |
3,460,000 | 2,148,173 | ||||||
2.250%, 08/15/46 |
910,000 | 655,271 | ||||||
2.500%, 02/15/45 |
3,500,000 | 2,668,340 | ||||||
2.875%, 08/15/45 (b) (g) (h) |
19,040,000 | 15,535,450 | ||||||
2.875%, 11/15/46 (b) |
1,200,000 | 979,969 | ||||||
3.000%, 02/15/47 |
6,040,000 | 5,049,770 | ||||||
3.000%, 08/15/52 |
2,540,000 | 2,191,941 | ||||||
3.125%, 02/15/43 |
2,555,000 | 2,196,102 | ||||||
3.125%, 08/15/44 (i) |
2,010,000 | 1,717,529 | ||||||
3.125%, 05/15/48 |
2,465,000 | 2,131,455 | ||||||
U.S. Treasury Inflation Indexed Bond |
1,889,150 | 1,193,953 | ||||||
U.S. Treasury Inflation Indexed Notes |
1,837,356 | 1,617,645 | ||||||
0.250%, 07/15/29 (j) |
6,272,032 | 5,655,364 | ||||||
0.750%, 07/15/28 (j) |
3,139,625 | 2,950,297 | ||||||
U.S. Treasury Notes |
5,615,000 | 5,134,215 | ||||||
|
|
|||||||
62,542,185 | ||||||||
|
|
|||||||
Total U.S. Treasury & Government Agencies |
230,737,172 | |||||||
|
|
|||||||
Corporate Bonds & Notes12.0% |
| |||||||
Advertising0.1% | ||||||||
Lamar Media Corp. |
130,000 | 102,246 | ||||||
3.750%, 02/15/28 |
398,000 | 347,659 | ||||||
|
|
|||||||
449,905 | ||||||||
|
|
|||||||
Aerospace/Defense0.1% | ||||||||
Boeing Co. (The) |
425,000 | 409,429 | ||||||
5.150%, 05/01/30 |
300,000 | 277,514 | ||||||
L3Harris Technologies, Inc. |
305,000 | 303,548 | ||||||
Northrop Grumman Corp. |
175,000 | 163,841 | ||||||
Raytheon Technologies Corp. |
110,000 | 86,387 | ||||||
|
|
|||||||
1,240,719 | ||||||||
|
|
BHFTII-111
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Wellington Balanced Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Agriculture0.2% | ||||||||
BAT Capital Corp. |
900,000 | $ | 752,885 | |||||
BAT International Finance plc |
585,000 | 521,386 | ||||||
Kernel Holding S.A. |
520,000 | 197,600 | ||||||
Reynolds American, Inc. |
120,000 | 101,484 | ||||||
|
|
|||||||
1,573,355 | ||||||||
|
|
|||||||
Apparel0.1% | ||||||||
Hanesbrands, Inc. |
140,000 | 125,853 | ||||||
William Carter Co. (The) |
765,000 | 715,229 | ||||||
|
|
|||||||
841,082 | ||||||||
|
|
|||||||
Auto Manufacturers0.0% | ||||||||
General Motors Financial Co., Inc. |
445,000 | 360,459 | ||||||
|
|
|||||||
Banks2.9% | ||||||||
Bank of America Corp. |
120,000 | 103,979 | ||||||
1.898%, SOFR + 1.530%, 07/23/31 (c) |
65,000 | 48,400 | ||||||
1.922%, SOFR + 1.370%, 10/24/31 (c) |
60,000 | 44,382 | ||||||
2.456%, 3M LIBOR + 0.870%, 10/22/25 (c) |
485,000 | 454,098 | ||||||
2.572%, SOFR + 1.210%, 10/20/32 (c) |
230,000 | 175,910 | ||||||
2.687%, SOFR + 1.320%, 04/22/32 (c) |
1,905,000 | 1,487,299 | ||||||
2.972%, SOFR + 1.330%, 02/04/33 (c) |
150,000 | 117,263 | ||||||
3.194%, 3M LIBOR + 1.180%, 07/23/30 (c) |
45,000 | 37,927 | ||||||
3.311%, SOFR + 1.580%, 04/22/42 (c) |
580,000 | 407,756 | ||||||
4.083%, 3M LIBOR + 3.150%, 03/20/51 (c) |
835,000 | 629,825 | ||||||
4.376%, SOFR + 1.580%, 04/27/28 (c) |
890,000 | 833,962 | ||||||
4.948%, SOFR + 2.040%, 07/22/28 (c) |
400,000 | 384,334 | ||||||
5.015%, SOFR + 2.160%, 07/22/33 (c) |
230,000 | 213,360 | ||||||
Bank of Ireland Group plc |
925,000 | 905,181 | ||||||
Barclays plc |
200,000 | 181,689 | ||||||
BNP Paribas S.A. |
235,000 | 200,284 | ||||||
2.219%, SOFR + 2.074%, 06/09/26 (144A) (b) (c) |
465,000 | 418,102 | ||||||
2.591%, SOFR + 1.228%, 01/20/28 (144A) (b) (c) |
455,000 | 388,559 | ||||||
Citigroup, Inc. |
415,000 | 314,461 | ||||||
2.666%, SOFR + 1.146%, 01/29/31 (c) |
35,000 | 27,925 | ||||||
3.980%, 3M LIBOR + 1.338%, 03/20/30 (c) |
155,000 | 137,545 | ||||||
Credit Suisse Group AG |
250,000 | 175,509 | ||||||
6.442%, SOFR + 3.700%, 08/11/28 (144A) (c) |
250,000 | 232,487 | ||||||
6.537%, SOFR + 3.920%, 08/12/33 (144A) (c) |
1,720,000 | 1,545,848 | ||||||
Danske Bank A/S |
450,000 | 447,471 | ||||||
Banks(Continued) | ||||||||
Deutsche Bank AG |
370,000 | 300,130 | ||||||
Goldman Sachs Group, Inc. (The) |
660,000 | 497,631 | ||||||
2.615%, SOFR + 1.281%, 04/22/32 (c) |
910,000 | 705,366 | ||||||
2.650%, SOFR + 1.264%, 10/21/32 (c) |
75,000 | 57,485 | ||||||
3.102%, SOFR + 1.410%, 02/24/33 (c) |
270,000 | 214,449 | ||||||
4.223%, 3M LIBOR + 1.301%, 05/01/29 (c) |
485,000 | 440,805 | ||||||
6.250%, 02/01/41 |
110,000 | 109,244 | ||||||
HSBC Holdings plc |
340,000 | 284,153 | ||||||
2.206%, SOFR + 1.285%, 08/17/29 (c) |
200,000 | 154,753 | ||||||
4.583%, 3M LIBOR + 1.535%, 06/19/29 (c) |
620,000 | 552,658 | ||||||
4.762%, SOFR + 2.530%, 03/29/33 (c) |
630,000 | 517,089 | ||||||
5.210%, SOFR + 2.610%, 08/11/28 (c) |
375,000 | 350,577 | ||||||
5.402%, SOFR + 2.870%, 08/11/33 (c) |
1,605,000 | 1,427,156 | ||||||
JPMorgan Chase & Co. |
40,000 | 33,824 | ||||||
2.545%, SOFR + 1.180%, 11/08/32 (c) |
535,000 | 405,966 | ||||||
2.580%, SOFR + 1.250%, 04/22/32 (b) (c) |
225,000 | 174,409 | ||||||
3.109%, SOFR + 2.460%, 04/22/41 (c) |
205,000 | 142,022 | ||||||
3.109%, SOFR + 2.440%, 04/22/51 (c) |
185,000 | 116,795 | ||||||
3.157%, SOFR + 1.460%, 04/22/42 (c) |
625,000 | 427,921 | ||||||
3.509%, 3M LIBOR + 0.945%, 01/23/29 (c) |
525,000 | 464,400 | ||||||
3.702%, 3M LIBOR + 1.160%, 05/06/30 (c) |
190,000 | 165,868 | ||||||
3.960%, 3M LIBOR + 1.245%, 01/29/27 (c) |
1,360,000 | 1,283,273 | ||||||
4.005%, 3M LIBOR + 1.120%, 04/23/29 (c) |
410,000 | 369,660 | ||||||
4.323%, SOFR + 1.560%, 04/26/28 (c) |
780,000 | 730,941 | ||||||
4.586%, SOFR + 1.800%, 04/26/33 (c) |
95,000 | 85,482 | ||||||
4.851%, SOFR + 1.990%, 07/25/28 (c) |
550,000 | 528,096 | ||||||
4.912%, SOFR + 2.080%, 07/25/33 (c) |
115,000 | 106,048 | ||||||
Landsbanki Islands |
||||||||
Zero Coupon, 08/25/49 (k) (l) (m) |
320,000 | 0 | ||||||
Morgan Stanley |
335,000 | 289,469 | ||||||
1.794%, SOFR + 1.034%, 02/13/32 (c) |
880,000 | 643,122 | ||||||
1.928%, SOFR + 1.020%, 04/28/32 (c) |
635,000 | 463,578 | ||||||
2.239%, SOFR + 1.178%, 07/21/32 (c) |
490,000 | 368,096 | ||||||
2.475%, SOFR + 1.000%, 01/21/28 (c) |
455,000 | 397,670 | ||||||
2.511%, SOFR + 1.200%, 10/20/32 (c) |
55,000 | 42,032 | ||||||
3.591%, 3M LIBOR + 1.340%, 07/22/28 (c) |
550,000 | 494,774 | ||||||
4.210%, SOFR + 1.610%, 04/20/28 (c) |
710,000 | 664,359 | ||||||
4.679%, SOFR + 1.669%, 07/17/26 (b) (c) |
440,000 | 428,438 | ||||||
4.889%, SOFR + 2.076%, 07/20/33 (c) |
90,000 | 83,391 | ||||||
Societe Generale S.A. |
1,910,000 | 1,693,184 | ||||||
Truist Bank |
375,000 | 293,933 | ||||||
UBS Group AG |
340,000 | 319,164 | ||||||
Wells Fargo & Co. | ||||||||
3.000%, 04/22/26 |
175,000 | 160,356 | ||||||
3.000%, 10/23/26 |
390,000 | 353,493 | ||||||
3.350%, SOFR + 1.500%, 03/02/33 (c) |
565,000 | 458,197 | ||||||
3.908%, SOFR + 1.320%, 04/25/26 (c) |
720,000 | 688,297 | ||||||
4.808%, SOFR + 1.980%, 07/25/28 (c) |
375,000 | 357,647 |
BHFTII-112
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Wellington Balanced Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Banks(Continued) | ||||||||
Wells Fargo & Co. | ||||||||
4.897%, SOFR + 2.100%, 07/25/33 (c) |
1,560,000 | $ | 1,438,216 | |||||
|
|
|||||||
30,197,173 | ||||||||
|
|
|||||||
Beverages0.1% | ||||||||
Anheuser-Busch InBev Worldwide, Inc. |
504,000 | 382,836 | ||||||
5.450%, 01/23/39 |
443,000 | 422,137 | ||||||
Constellation Brands, Inc. |
283,000 | 243,110 | ||||||
Keurig Dr Pepper, Inc. |
440,000 | 399,613 | ||||||
|
|
|||||||
1,447,696 | ||||||||
|
|
|||||||
Biotechnology0.2% | ||||||||
CSL Finance plc |
325,000 | 299,347 | ||||||
4.250%, 04/27/32 (144A) |
325,000 | 296,700 | ||||||
Royalty Pharma plc |
840,000 | 618,738 | ||||||
2.200%, 09/02/30 |
395,000 | 301,070 | ||||||
|
|
|||||||
1,515,855 | ||||||||
|
|
|||||||
Building Materials0.1% | ||||||||
Builders FirstSource, Inc. |
785,000 | 667,250 | ||||||
Standard Industries, Inc. |
125,000 | 87,913 | ||||||
4.375%, 07/15/30 (144A) |
720,000 | 550,800 | ||||||
|
|
|||||||
1,305,963 | ||||||||
|
|
|||||||
Chemicals0.0% | ||||||||
Celanese U.S. Holdings LLC |
395,000 | 373,830 | ||||||
|
|
|||||||
Commercial Services0.5% | ||||||||
Ashtead Capital, Inc. |
1,000,000 | 917,370 | ||||||
5.500%, 08/11/32 (144A) |
200,000 | 185,396 | ||||||
Gartner, Inc. |
155,000 | 129,037 | ||||||
3.750%, 10/01/30 (144A) (b) |
420,000 | 343,831 | ||||||
4.500%, 07/01/28 (144A) (b) |
386,000 | 345,161 | ||||||
Global Payments, Inc. |
115,000 | 98,405 | ||||||
3.200%, 08/15/29 |
470,000 | 391,615 | ||||||
5.300%, 08/15/29 |
205,000 | 192,791 | ||||||
Howard University |
100,000 | 89,264 | ||||||
2.701%, 10/01/29 |
260,000 | 220,461 | ||||||
2.801%, 10/01/30 |
100,000 | 83,210 | ||||||
2.901%, 10/01/31 |
100,000 | 81,769 | ||||||
3.476%, 10/01/41 |
115,000 | 84,375 | ||||||
Commercial Services(Continued) | ||||||||
Service Corp. International |
785,000 | 613,941 | ||||||
5.125%, 06/01/29 |
858,000 | 779,733 | ||||||
United Rentals North America, Inc. |
85,000 | 70,218 | ||||||
4.875%, 01/15/28 |
65,000 | 59,595 | ||||||
|
|
|||||||
4,686,172 | ||||||||
|
|
|||||||
Computers0.2% | ||||||||
Booz Allen Hamilton, Inc. |
1,530,000 | 1,316,203 | ||||||
Kyndryl Holdings, Inc. |
244,000 | 163,609 | ||||||
Leidos, Inc. |
235,000 | 225,214 | ||||||
|
|
|||||||
1,705,026 | ||||||||
|
|
|||||||
Cosmetics/Personal Care0.1% | ||||||||
GSK Consumer Healthcare Capital U.S. LLC |
490,000 | 427,058 | ||||||
|
|
|||||||
Diversified Financial Services0.3% | ||||||||
AerCap Ireland Capital DAC / AerCap Global Aviation Trust |
325,000 | 244,422 | ||||||
Capital One Financial Corp. |
815,000 | 758,929 | ||||||
5.268%, SOFR + 2.370%, 05/10/33 (c) |
345,000 | 318,657 | ||||||
GTP Acquisition Partners I LLC |
1,355,000 | 1,279,130 | ||||||
Intercontinental Exchange, Inc. |
110,000 | 104,041 | ||||||
4.600%, 03/15/33 |
55,000 | 51,228 | ||||||
4.950%, 06/15/52 |
40,000 | 35,509 | ||||||
OneMain Finance Corp. |
155,000 | 149,294 | ||||||
|
|
|||||||
2,941,210 | ||||||||
|
|
|||||||
Electric1.1% | ||||||||
AES Corp. (The) |
335,000 | 308,913 | ||||||
Alabama Power Co. |
245,000 | 173,513 | ||||||
4.150%, 08/15/44 |
225,000 | 182,281 | ||||||
Berkshire Hathaway Energy Co. |
165,000 | 124,737 | ||||||
Cleco Corporate Holdings LLC |
255,000 | 214,336 | ||||||
4.973%, 05/01/46 |
20,000 | 16,941 | ||||||
Commonwealth Edison Co. |
325,000 | 243,912 | ||||||
Consolidated Edison Co. of New York, Inc. |
250,000 | 165,881 | ||||||
Duke Energy Carolinas LLC |
275,000 | 229,966 |
BHFTII-113
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Wellington Balanced Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Electric(Continued) | ||||||||
Duke Energy Corp. |
680,000 | $ | 533,513 | |||||
Duke Energy Corp. |
375,000 | 339,120 | ||||||
Duke Energy Indiana LLC |
265,000 | 164,549 | ||||||
Duke Energy Progress LLC |
130,000 | 101,838 | ||||||
4.375%, 03/30/44 |
320,000 | 267,229 | ||||||
Enel Finance International NV |
625,000 | 532,846 | ||||||
Evergy Metro, Inc. |
10,000 | 8,132 | ||||||
Evergy, Inc. |
165,000 | 156,072 | ||||||
2.900%, 09/15/29 |
345,000 | 285,018 | ||||||
Exelon Corp. |
60,000 | 46,292 | ||||||
Georgia Power Co. |
365,000 | 291,247 | ||||||
4.700%, 05/15/32 |
170,000 | 159,210 | ||||||
Investment Energy Resources, Ltd. |
200,000 | 169,323 | ||||||
IPALCO Enterprises, Inc. |
335,000 | 321,335 | ||||||
ITC Holdings Corp. |
290,000 | 238,099 | ||||||
Jersey Central Power & Light Co. |
140,000 | 111,079 | ||||||
MidAmerican Energy Co. |
140,000 | 95,180 | ||||||
3.650%, 08/01/48 |
45,000 | 34,040 | ||||||
NextEra Energy Capital Holdings, Inc. |
625,000 | 604,058 | ||||||
NRG Energy, Inc. |
360,000 | 294,713 | ||||||
Oglethorpe Power Corp. |
130,000 | 101,590 | ||||||
5.050%, 10/01/48 |
115,000 | 96,472 | ||||||
Pacific Gas and Electric Co. |
840,000 | 611,228 | ||||||
4.400%, 03/01/32 |
155,000 | 127,447 | ||||||
4.950%, 07/01/50 |
1,350,000 | 988,101 | ||||||
5.250%, 03/01/52 |
115,000 | 86,868 | ||||||
5.900%, 06/15/32 |
400,000 | 364,767 | ||||||
PacifiCorp. |
63,000 | 50,079 | ||||||
4.150%, 02/15/50 |
80,000 | 64,326 | ||||||
Puget Energy, Inc. |
270,000 | 255,410 | ||||||
4.100%, 06/15/30 |
360,000 | 317,221 | ||||||
Sempra Energy |
365,000 | 330,033 | ||||||
3.800%, 02/01/38 |
165,000 | 128,645 | ||||||
4.000%, 02/01/48 |
50,000 | 37,275 | ||||||
Electric(Continued) | ||||||||
Southern California Edison Co. |
150,000 | 118,829 | ||||||
2.750%, 02/01/32 |
415,000 | 328,709 | ||||||
2.850%, 08/01/29 (b) |
315,000 | 265,649 | ||||||
4.125%, 03/01/48 |
69,000 | 51,274 | ||||||
4.700%, 06/01/27 |
435,000 | 422,202 | ||||||
Southern Co. (The) |
335,000 | 310,344 | ||||||
Xcel Energy, Inc. |
185,000 | 171,459 | ||||||
|
|
|||||||
11,641,301 | ||||||||
|
|
|||||||
Energy-Alternate Sources0.1% | ||||||||
Energo-Pro A.S. |
645,000 | 597,883 | ||||||
FS Luxembourg Sarl |
245,000 | 247,385 | ||||||
|
|
|||||||
845,268 | ||||||||
|
|
|||||||
Engineering & Construction0.1% | ||||||||
IHS Holding, Ltd. |
390,000 | 297,453 | ||||||
International Airport Finance S.A. |
919,292 | 846,164 | ||||||
|
|
|||||||
1,143,617 | ||||||||
|
|
|||||||
Entertainment0.2% | ||||||||
Warnermedia Holdings, Inc. |
635,000 | 522,404 | ||||||
5.141%, 03/15/52 (144A) (b) |
1,460,000 | 1,061,155 | ||||||
WMG Acquisition Corp. |
855,000 | 700,473 | ||||||
|
|
|||||||
2,284,032 | ||||||||
|
|
|||||||
Environmental Control0.1% | ||||||||
Clean Harbors, Inc. |
1,195,000 | 1,089,302 | ||||||
|
|
|||||||
Food0.1% | ||||||||
Conagra Brands, Inc. |
255,000 | 205,667 | ||||||
5.400%, 11/01/48 |
35,000 | 30,151 | ||||||
JBS USA Food Co. |
410,000 | 350,292 | ||||||
Mondelez International, Inc. |
300,000 | 246,406 | ||||||
NBM U.S. Holdings, Inc. |
635,000 | 612,787 | ||||||
|
|
|||||||
1,445,303 | ||||||||
|
|
|||||||
Gas0.0% | ||||||||
NiSource, Inc. |
425,000 | 390,453 | ||||||
|
|
BHFTII-114
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Wellington Balanced Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Healthcare-Products0.3% | ||||||||
Alcon Finance Corp. |
200,000 | $ | 178,878 | |||||
3.000%, 09/23/29 (144A) |
265,000 | 223,536 | ||||||
Avantor Funding, Inc. |
780,000 | 694,157 | ||||||
Baxter International, Inc. |
1,485,000 | 1,155,941 | ||||||
Hologic, Inc. |
658,000 | 607,005 | ||||||
|
|
|||||||
2,859,517 | ||||||||
|
|
|||||||
Healthcare-Services0.3% | ||||||||
Centene Corp. |
20,000 | 16,350 | ||||||
4.250%, 12/15/27 |
110,000 | 100,617 | ||||||
4.625%, 12/15/29 |
1,185,000 | 1,064,841 | ||||||
CommonSpirit Health |
80,000 | 67,725 | ||||||
Humana, Inc. |
465,000 | 416,989 | ||||||
Kaiser Foundation Hospitals |
205,000 | 143,064 | ||||||
3.002%, 06/01/51 (b) |
270,000 | 178,677 | ||||||
Sutter Health |
210,000 | 145,673 | ||||||
UnitedHealth Group, Inc. |
315,000 | 220,559 | ||||||
3.500%, 08/15/39 |
60,000 | 47,140 | ||||||
4.000%, 05/15/29 |
340,000 | 316,791 | ||||||
4.200%, 05/15/32 |
195,000 | 181,105 | ||||||
4.950%, 05/15/62 |
60,000 | 53,418 | ||||||
|
|
|||||||
2,952,949 | ||||||||
|
|
|||||||
Home Builders0.1% | ||||||||
PulteGroup, Inc. |
583,000 | 575,105 | ||||||
Taylor Morrison Communities, Inc. |
120,000 | 96,864 | ||||||
5.750%, 01/15/28 (144A) (b) |
623,000 | 546,782 | ||||||
Toll Brothers Finance Corp. |
130,000 | 125,211 | ||||||
|
|
|||||||
1,343,962 | ||||||||
|
|
|||||||
Insurance0.3% | ||||||||
Aon Corp. |
350,000 | 349,148 | ||||||
2.850%, 05/28/27 |
55,000 | 49,336 | ||||||
Athene Global Funding Corp. |
445,000 | 334,758 | ||||||
2.717%, 01/07/29 (144A) |
735,000 | 594,738 | ||||||
Corebridge Financial, Inc. |
160,000 | 141,014 | ||||||
3.900%, 04/05/32 (144A) (b) |
70,000 | 59,085 | ||||||
6.875%, 5Y H15 + 3.846%, 12/15/52 (144A) (c) |
1,005,000 | 919,030 | ||||||
Insurance(Continued) | ||||||||
Equitable Financial Life Global Funding |
755,000 | 630,683 | ||||||
Marsh & McLennan Cos., Inc. |
245,000 | 220,321 | ||||||
Unum Group |
45,000 | 29,986 | ||||||
Willis North America, Inc. |
130,000 | 126,219 | ||||||
|
|
|||||||
3,454,318 | ||||||||
|
|
|||||||
Internet0.2% | ||||||||
Amazon.com, Inc. |
320,000 | 278,158 | ||||||
Go Daddy Operating Co. LLC / GD Finance Co., Inc. |
170,000 | 139,040 | ||||||
5.250%, 12/01/27 (144A) |
983,000 | 905,363 | ||||||
NortonLifeLock, Inc. |
905,000 | 862,013 | ||||||
6.750%, 09/30/27 (144A) |
260,000 | 249,478 | ||||||
|
|
|||||||
2,434,052 | ||||||||
|
|
|||||||
Iron/Steel0.0% | ||||||||
Metinvest B.V. |
355,000 | 155,171 | ||||||
Vale Overseas, Ltd. |
280,000 | 226,800 | ||||||
|
|
|||||||
381,971 | ||||||||
|
|
|||||||
Lodging0.0% | ||||||||
Las Vegas Sands Corp. |
295,000 | 258,086 | ||||||
|
|
|||||||
Machinery-Diversified0.0% | ||||||||
Otis Worldwide Corp. |
455,000 | 372,156 | ||||||
|
|
|||||||
Media0.5% | ||||||||
Charter Communications Operating LLC / Charter Communications Operating Capital Corp. |
107,000 | 67,893 | ||||||
4.400%, 04/01/33 (b) |
360,000 | 298,104 | ||||||
5.050%, 03/30/29 |
200,000 | 184,084 | ||||||
5.125%, 07/01/49 |
305,000 | 223,576 | ||||||
5.750%, 04/01/48 |
5,000 | 4,036 | ||||||
6.484%, 10/23/45 |
1,290,000 | 1,135,957 | ||||||
6.834%, 10/23/55 |
90,000 | 81,944 | ||||||
Comcast Corp. |
54,000 | 32,231 | ||||||
2.987%, 11/01/63 |
157,000 | 90,934 | ||||||
3.250%, 11/01/39 |
30,000 | 22,034 | ||||||
3.750%, 04/01/40 |
220,000 | 172,945 | ||||||
COX Communications, Inc. |
350,000 | 271,682 |
BHFTII-115
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Wellington Balanced Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Media(Continued) | ||||||||
Discovery Communications LLC |
2,000 | $ | 1,900 | |||||
4.000%, 09/15/55 (b) |
516,000 | 304,232 | ||||||
4.125%, 05/15/29 |
44,000 | 37,666 | ||||||
5.200%, 09/20/47 |
190,000 | 140,228 | ||||||
5.300%, 05/15/49 |
517,000 | 385,802 | ||||||
Paramount Global |
260,000 | 210,810 | ||||||
4.375%, 03/15/43 |
215,000 | 143,264 | ||||||
4.950%, 01/15/31 |
410,000 | 361,675 | ||||||
Sirius XM Radio, Inc. |
835,000 | 733,318 | ||||||
4.000%, 07/15/28 (144A) |
70,000 | 59,541 | ||||||
4.125%, 07/01/30 (144A) (b) |
100,000 | 81,284 | ||||||
Time Warner Cable LLC |
200,000 | 138,081 | ||||||
|
|
|||||||
5,183,221 | ||||||||
|
|
|||||||
Mining0.1% | ||||||||
Anglo American Capital plc |
385,000 | 296,349 | ||||||
Freeport Indonesia PT |
450,000 | 372,375 | ||||||
|
|
|||||||
668,724 | ||||||||
|
|
|||||||
Miscellaneous Manufacturing0.1% | ||||||||
Parker-Hannifin Corp. |
220,000 | 209,540 | ||||||
4.500%, 09/15/29 |
200,000 | 188,542 | ||||||
|
|
|||||||
398,082 | ||||||||
|
|
|||||||
Office/Business Equipment0.1% | ||||||||
CDW LLC / CDW Finance Corp. |
120,000 | 104,085 | ||||||
3.250%, 02/15/29 |
1,304,000 | 1,058,960 | ||||||
3.276%, 12/01/28 |
110,000 | 91,797 | ||||||
3.569%, 12/01/31 |
105,000 | 81,750 | ||||||
|
|
|||||||
1,336,592 | ||||||||
|
|
|||||||
Oil & Gas0.5% | ||||||||
Aker BP ASA |
200,000 | 172,511 | ||||||
3.100%, 07/15/31 (144A) |
780,000 | 610,690 | ||||||
Apache Corp. |
60,000 | 54,900 | ||||||
BP Capital Markets America, Inc. |
245,000 | 155,597 | ||||||
3.000%, 02/24/50 |
85,000 | 55,134 | ||||||
3.379%, 02/08/61 |
35,000 | 22,805 | ||||||
3.633%, 04/06/30 |
250,000 | 224,603 | ||||||
ConocoPhillips Co. |
50,000 | 38,207 | ||||||
4.025%, 03/15/62 (144A) |
90,000 | 68,015 | ||||||
Oil & Gas(Continued) | ||||||||
Continental Resources, Inc. |
125,000 | 112,982 | ||||||
Ecopetrol S.A. |
590,000 | 413,000 | ||||||
Energean Israel Finance, Ltd. |
180,000 | 168,750 | ||||||
4.875%, 03/30/26 (144A) |
155,000 | 136,787 | ||||||
5.875%, 03/30/31 (144A) |
155,000 | 126,712 | ||||||
EQT Corp. |
45,000 | 44,116 | ||||||
Equinor ASA |
170,000 | 135,996 | ||||||
3.700%, 04/06/50 (b) |
180,000 | 139,615 | ||||||
Hess Corp. |
127,000 | 132,788 | ||||||
7.300%, 08/15/31 |
285,000 | 300,986 | ||||||
Leviathan Bond, Ltd. |
480,000 | 440,400 | ||||||
Marathon Petroleum Corp. |
400,000 | 392,726 | ||||||
Ovintiv, Inc. |
85,000 | 82,805 | ||||||
6.625%, 08/15/37 |
190,000 | 185,954 | ||||||
Shell International Finance B.V. |
120,000 | 84,038 | ||||||
3.000%, 11/26/51 |
155,000 | 102,752 | ||||||
3.250%, 04/06/50 |
125,000 | 87,805 | ||||||
Tullow Oil plc |
500,000 | 323,060 | ||||||
Viper Energy Partners L.P. |
535,000 | 492,479 | ||||||
|
|
|||||||
5,306,213 | ||||||||
|
|
|||||||
Packaging & Containers0.1% | ||||||||
Ball Corp. |
1,200,000 | 1,176,240 | ||||||
|
|
|||||||
Pharmaceuticals0.1% | ||||||||
AbbVie, Inc. |
50,000 | 43,774 | ||||||
4.625%, 10/01/42 |
205,000 | 173,990 | ||||||
Bayer U.S. Finance LLC |
535,000 | 512,021 | ||||||
CVS Health Corp. |
155,000 | 123,416 | ||||||
5.125%, 07/20/45 |
210,000 | 183,889 | ||||||
Teva Pharmaceutical Finance Netherlands III B.V. |
300,000 | 254,793 | ||||||
|
|
|||||||
1,291,883 | ||||||||
|
|
|||||||
Pipelines0.5% | ||||||||
DCP Midstream Operating L.P. |
20,000 | 19,750 | ||||||
5.125%, 05/15/29 (b) |
285,000 | 267,053 |
BHFTII-116
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Wellington Balanced Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Pipelines(Continued) | ||||||||
Energy Transfer L.P. |
265,000 | $ | 249,221 | |||||
5.300%, 04/01/44 |
35,000 | 28,035 | ||||||
5.350%, 05/15/45 |
35,000 | 28,151 | ||||||
5.950%, 10/01/43 (b) |
20,000 | 17,327 | ||||||
6.125%, 12/15/45 |
570,000 | 499,870 | ||||||
6.250%, 04/15/49 |
60,000 | 53,228 | ||||||
Enterprise Products Operating LLC |
105,000 | 87,684 | ||||||
4.250%, 02/15/48 |
135,000 | 104,113 | ||||||
4.950%, 10/15/54 |
155,000 | 126,391 | ||||||
EQM Midstream Partners L.P. |
30,000 | 27,723 | ||||||
Galaxy Pipeline Assets Bidco, Ltd. |
840,000 | 649,250 | ||||||
2.940%, 09/30/40 (144A) |
241,633 | 183,385 | ||||||
MPLX L.P. |
425,000 | 386,104 | ||||||
4.950%, 03/14/52 |
285,000 | 223,033 | ||||||
NGPL PipeCo LLC |
210,000 | 164,438 | ||||||
ONEOK, Inc. |
240,000 | 195,023 | ||||||
3.400%, 09/01/29 |
210,000 | 176,162 | ||||||
4.550%, 07/15/28 |
95,000 | 86,974 | ||||||
6.350%, 01/15/31 |
57,000 | 55,888 | ||||||
Plains All American Pipeline L.P. / PAA Finance Corp. |
560,000 | 469,567 | ||||||
Sabine Pass Liquefaction LLC |
605,000 | 551,137 | ||||||
Targa Resources Corp. |
290,000 | 241,511 | ||||||
4.950%, 04/15/52 |
40,000 | 30,776 | ||||||
6.250%, 07/01/52 |
225,000 | 204,399 | ||||||
Targa Resources Partners L.P. / Targa Resources Partners Finance Corp. |
65,000 | 55,900 | ||||||
Transcontinental Gas Pipe Line Co. LLC |
125,000 | 105,677 | ||||||
Williams Cos., Inc. (The) |
300,000 | 272,295 | ||||||
|
|
|||||||
5,560,065 | ||||||||
|
|
|||||||
Real Estate Investment Trusts0.3% | ||||||||
American Tower Corp. |
180,000 | 153,448 | ||||||
2.400%, 03/15/25 |
255,000 | 236,723 | ||||||
2.700%, 04/15/31 |
80,000 | 62,777 | ||||||
3.650%, 03/15/27 |
280,000 | 256,112 | ||||||
EPR Properties |
400,000 | 344,286 | ||||||
GLP Capital L.P. / GLP Financing II, Inc. |
215,000 | 161,620 | ||||||
4.000%, 01/15/31 |
195,000 | 159,396 | ||||||
5.300%, 01/15/29 |
235,000 | 214,192 | ||||||
5.750%, 06/01/28 |
270,000 | 252,830 | ||||||
Real Estate Investment Trusts(Continued) | ||||||||
SBA Tower Trust |
545,000 | 509,869 | ||||||
VICI Properties L.P. |
596,000 | 538,614 | ||||||
5.125%, 05/15/32 |
310,000 | 274,784 | ||||||
|
|
|||||||
3,164,651 | ||||||||
|
|
|||||||
Retail0.4% | ||||||||
AutoZone, Inc. |
220,000 | 206,334 | ||||||
FirstCash, Inc. |
758,000 | 634,522 | ||||||
5.625%, 01/01/30 (144A) |
585,000 | 500,175 | ||||||
Gap, Inc. (The) |
487,000 | 316,550 | ||||||
3.875%, 10/01/31 (144A) (b) |
913,000 | 580,409 | ||||||
Home Depot, Inc. (The) |
165,000 | 126,184 | ||||||
4.500%, 09/15/32 |
785,000 | 750,323 | ||||||
Lowes Cos., Inc. |
345,000 | 325,886 | ||||||
McDonalds Corp. |
175,000 | 127,412 | ||||||
OReilly Automotive, Inc. |
370,000 | 346,232 | ||||||
|
|
|||||||
3,914,027 | ||||||||
|
|
|||||||
Semiconductors0.4% | ||||||||
Broadcom, Inc. |
31,000 | 21,722 | ||||||
3.419%, 04/15/33 (144A) |
480,000 | 366,344 | ||||||
4.000%, 04/15/29 (144A) |
1,215,000 | 1,070,944 | ||||||
Intel Corp. |
275,000 | 165,920 | ||||||
4.000%, 08/05/29 |
950,000 | 883,876 | ||||||
4.900%, 08/05/52 |
390,000 | 344,403 | ||||||
Marvell Technology, Inc. |
380,000 | 313,895 | ||||||
2.950%, 04/15/31 |
375,000 | 290,915 | ||||||
NVIDIA Corp. |
385,000 | 299,061 | ||||||
NXP B.V. / NXP Funding LLC |
165,000 | 159,356 | ||||||
NXP B.V. / NXP Funding LLC / NXP USA, Inc. |
116,000 | 103,874 | ||||||
Qorvo, Inc. |
580,000 | 434,507 | ||||||
4.375%, 10/15/29 |
150,000 | 128,494 | ||||||
|
|
|||||||
4,583,311 | ||||||||
|
|
|||||||
Software0.5% | ||||||||
Black Knight InfoServ LLC |
1,658,000 | 1,406,912 | ||||||
Fair Isaac Corp. |
853,000 | 726,824 |
BHFTII-117
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Wellington Balanced Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Software(Continued) | ||||||||
MSCI, Inc. |
300,000 | $ | 240,696 | |||||
3.875%, 02/15/31 (144A) |
295,000 | 248,379 | ||||||
4.000%, 11/15/29 (144A) (b) |
190,000 | 164,103 | ||||||
Open Text Corp. |
740,000 | 569,970 | ||||||
Open Text Holdings, Inc. |
130,000 | 97,905 | ||||||
Oracle Corp. |
130,000 | 102,527 | ||||||
3.600%, 04/01/40 |
163,000 | 110,629 | ||||||
3.600%, 04/01/50 |
182,000 | 113,878 | ||||||
3.850%, 04/01/60 |
885,000 | 534,987 | ||||||
4.000%, 07/15/46 |
225,000 | 152,060 | ||||||
4.000%, 11/15/47 |
135,000 | 90,457 | ||||||
4.100%, 03/25/61 |
225,000 | 141,653 | ||||||
4.125%, 05/15/45 |
15,000 | 10,307 | ||||||
SS&C Technologies, Inc. |
735,000 | 670,463 | ||||||
|
|
|||||||
5,381,750 | ||||||||
|
|
|||||||
Telecommunications0.4% | ||||||||
AT&T, Inc. |
1,039,000 | 682,453 | ||||||
3.650%, 06/01/51 |
45,000 | 30,400 | ||||||
3.650%, 09/15/59 |
31,000 | 20,085 | ||||||
3.800%, 12/01/57 |
251,000 | 169,562 | ||||||
Nokia Oyj |
720,000 | 648,900 | ||||||
Rogers Communications, Inc. |
65,000 | 56,215 | ||||||
4.550%, 03/15/52 (144A) |
310,000 | 247,247 | ||||||
T-Mobile USA, Inc. |
545,000 | 452,243 | ||||||
2.700%, 03/15/32 |
25,000 | 19,512 | ||||||
3.875%, 04/15/30 |
345,000 | 306,020 | ||||||
4.500%, 04/15/50 |
55,000 | 44,030 | ||||||
5.200%, 01/15/33 |
230,000 | 219,973 | ||||||
5.650%, 01/15/53 |
155,000 | 146,415 | ||||||
Telefonica Celular del Paraguay S.A. |
730,000 | 648,153 | ||||||
Verizon Communications, Inc. |
455,000 | 348,906 | ||||||
2.650%, 11/20/40 |
65,000 | 42,364 | ||||||
2.850%, 09/03/41 |
180,000 | 120,017 | ||||||
3.850%, 11/01/42 |
85,000 | 65,159 | ||||||
4.000%, 03/22/50 |
30,000 | 22,904 | ||||||
|
|
|||||||
4,290,558 | ||||||||
|
|
|||||||
Trucking & Leasing0.2% | ||||||||
DAE Funding LLC |
885,000 | 808,557 | ||||||
Penske Truck Leasing Co. L.P. / PTL Finance Corp. | ||||||||
2.700%, 11/01/24 (144A) |
455,000 | 428,542 | ||||||
4.000%, 07/15/25 (144A) |
405,000 | 386,000 | ||||||
Trucking & Leasing(Continued) | ||||||||
Penske Truck Leasing Co. L.P. / PTL Finance Corp. | ||||||||
4.400%, 07/01/27 (144A) |
285,000 | 267,443 | ||||||
|
|
|||||||
1,890,542 | ||||||||
|
|
|||||||
Water0.0% | ||||||||
American Water Capital Corp. |
140,000 | 111,976 | ||||||
4.450%, 06/01/32 |
240,000 | 222,766 | ||||||
|
|
|||||||
334,742 | ||||||||
|
|
|||||||
Total Corporate Bonds & Notes |
126,442,391 | |||||||
|
|
|||||||
Mortgage-Backed Securities6.1% |
| |||||||
Collateralized Mortgage Obligations3.8% | ||||||||
Adjustable Rate Mortgage Trust |
69,860 | 64,347 | ||||||
3.624%, 1M LIBOR + 0.540%, 11/25/35 (c) |
40,001 | 39,347 | ||||||
Alternative Loan Trust |
170,409 | 142,491 | ||||||
3.534%, 1M LIBOR + 0.450%, 03/01/38 (c) |
135,652 | 109,300 | ||||||
3.624%, 1M LIBOR + 0.540%, 01/25/36 (c) |
70,199 | 62,666 | ||||||
3.884%, 1M LIBOR + 0.800%, 12/25/35 (c) |
78,918 | 68,063 | ||||||
5.500%, 11/25/35 |
359,222 | 214,214 | ||||||
Angel Oak Mortgage Trust LLC |
770,800 | 636,943 | ||||||
0.985%, 04/25/66 (144A) (c) |
306,578 | 260,307 | ||||||
0.990%, 04/25/53 (144A) (c) |
315,527 | 296,426 | ||||||
1.068%, 05/25/66 (144A) (c) |
616,529 | 524,190 | ||||||
1.820%, 11/25/66 (144A) (c) |
540,664 | 461,675 | ||||||
3.628%, 03/25/49 (144A) (c) |
827 | 824 | ||||||
3.920%, 11/25/48 (144A) (c) |
31,238 | 31,045 | ||||||
Arroyo Mortgage Trust |
377,900 | 353,646 | ||||||
Bear Stearns Adjustable Rate Mortgage Trust |
147,873 | 130,286 | ||||||
Bear Stearns ALT-A Trust |
306,724 | 300,980 | ||||||
Bear Stearns Mortgage Funding Trust |
79,305 | 66,543 | ||||||
3.484%, 1M LIBOR + 0.400%, 02/25/37 (c) |
304,920 | 271,846 | ||||||
BINOM Securitization Trust |
364,017 | 315,739 | ||||||
BRAVO Residential Funding Trust |
225,493 | 207,097 | ||||||
0.970%, 03/25/60 (144A) (c) |
219,134 | 207,174 | ||||||
CIM Trust |
43,686 | 43,549 | ||||||
Citigroup Mortgage Loan Trust |
357,353 | 344,910 | ||||||
COLT Mortgage Loan Trust |
496,695 | 409,979 | ||||||
0.956%, 09/27/66 (144A) (c) |
865,323 | 691,563 | ||||||
4.301%, 03/25/67 (144A) (c) |
189,534 | 181,466 |
BHFTII-118
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Wellington Balanced Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Mortgage-Backed Securities(Continued)
Security Description | Principal Amount* |
Value | ||||||
Collateralized Mortgage Obligations(Continued) | ||||||||
Connecticut Avenue Securities Trust |
179,138 | $ | 178,246 | |||||
5.234%, 1M LIBOR + 2.150%, 11/25/39 (144A) (c) |
179,187 | 174,813 | ||||||
Countrywide Home Loan Mortgage Pass-Through Trust |
4,911 | 4,644 | ||||||
3.339%, 09/25/47 (c) |
184,693 | 165,273 | ||||||
3.484%, 1M LIBOR + 0.400%, 04/25/46 (c) |
174,904 | 146,750 | ||||||
3.764%, 1M LIBOR + 0.680%, 02/25/35 (c) |
68,944 | 58,957 | ||||||
CSMC Trust |
446,036 | 345,383 | ||||||
1.179%, 02/25/66 (144A) (c) |
634,858 | 550,673 | ||||||
1.796%, 12/27/60 (144A) (c) |
312,395 | 290,593 | ||||||
1.841%, 10/25/66 (144A) (c) |
545,591 | 456,682 | ||||||
2.265%, 11/25/66 (144A) (c) |
1,272,764 | 1,090,463 | ||||||
3.250%, 04/25/47 (144A) (c) |
315,511 | 281,039 | ||||||
Deephaven Residential Mortgage Trust |
214,431 | 181,139 | ||||||
Deutsche ALT-A Securities Mortgage Loan Trust |
171,681 | 159,508 | ||||||
Ellington Financial Mortgage Trust |
205,207 | 170,876 | ||||||
2.206%, 01/25/67 (144A) (c) |
597,828 | 503,427 | ||||||
GCAT LLC |
420,765 | 355,725 | ||||||
1.091%, 05/25/66 (144A) (c) |
566,550 | 470,460 | ||||||
1.262%, 07/25/66 (144A) (c) |
1,083,835 | 861,870 | ||||||
1.915%, 08/25/66 (144A) (c) |
428,155 | 381,229 | ||||||
GreenPoint Mortgage Funding Trust |
140,661 | 110,930 | ||||||
GSR Mortgage Loan Trust |
176,541 | 173,680 | ||||||
3.384%, 1M LIBOR + 0.300%, 01/25/37 (c) |
446,225 | 126,504 | ||||||
6.000%, 07/25/37 |
139,229 | 98,265 | ||||||
Imperial Fund Mortgage Trust |
1,249,585 | 1,122,467 | ||||||
IndyMac INDX Mortgage Loan Trust |
10,772 | 9,679 | ||||||
JPMorgan Mortgage Trust |
12,121 | 10,137 | ||||||
Legacy Mortgage Asset Trust |
206,949 | 189,158 | ||||||
1.750%, 04/25/61 (144A) (n) |
312,240 | 289,688 | ||||||
1.750%, 07/25/61 (144A) (n) |
403,770 | 367,733 | ||||||
3.250%, 11/25/59 (144A) (n) |
740,063 | 739,377 | ||||||
LSTAR Securities Investment, Ltd. |
729,594 | 668,026 | ||||||
4.364%, 1M LIBOR + 1.800%, 02/01/26 (144A) (c) |
491,842 | 491,584 | ||||||
6.064%, 1M LIBOR + 3.500%, 04/01/24 (144A) (c) |
234,916 | 233,311 | ||||||
6.064%, 1M LIBOR + 3.500%, 05/01/24 (144A) (c) |
447,641 | 435,891 | ||||||
MASTR Adjustable Rate Mortgages Trust |
48,737 | 45,355 | ||||||
3.819%, 11/21/34 (c) |
37,404 | 35,346 | ||||||
Metlife Securitization Trust |
325,489 | 306,878 | ||||||
Collateralized Mortgage Obligations(Continued) | ||||||||
MFA Trust |
333,157 | 270,278 | ||||||
1.153%, 04/25/65 (144A) (c) |
266,084 | 244,843 | ||||||
Mill City Mortgage Loan Trust |
770,439 | 732,917 | ||||||
3.500%, 08/25/58 (144A) (c) |
356,207 | 342,208 | ||||||
Morgan Stanley Mortgage Loan Trust |
139,545 | 76,972 | ||||||
New Residential Mortgage Loan Trust |
224,673 | 210,204 | ||||||
2.492%, 09/25/59 (144A) (c) |
90,673 | 83,098 | ||||||
3.194%, 1M LIBOR + 0.750%, 01/25/48 (144A) (c) |
441,215 | 426,992 | ||||||
3.500%, 08/25/59 (144A) (c) |
346,232 | 328,626 | ||||||
3.750%, 11/26/35 (144A) (c) |
316,724 | 295,873 | ||||||
3.945%, 09/25/57 (144A) (c) |
478,697 | 454,850 | ||||||
4.000%, 02/25/57 (144A) (c) |
586,136 | 558,477 | ||||||
4.000%, 03/25/57 (144A) (c) |
604,268 | 573,737 | ||||||
4.000%, 04/25/57 (144A) (c) |
481,945 | 457,435 | ||||||
4.000%, 05/25/57 (144A) (c) |
331,430 | 312,300 | ||||||
NMLT Trust |
899,768 | 763,880 | ||||||
OBX Trust |
536,284 | 427,887 | ||||||
1.072%, 02/25/66 (144A) (c) |
567,690 | 493,340 | ||||||
2.305%, 11/25/61 (144A) (c) |
1,056,749 | 907,614 | ||||||
Preston Ridge Partners Mortgage LLC |
573,077 | 515,417 | ||||||
1.793%, 07/25/26 (144A) (n) |
539,742 | 496,586 | ||||||
1.867%, 04/25/26 (144A) (n) |
1,014,489 | 926,965 | ||||||
2.363%, 11/25/25 (144A) (n) |
146,271 | 139,086 | ||||||
2.363%, 10/25/26 (144A) (n) |
1,077,077 | 994,501 | ||||||
2.487%, 10/25/26 (144A) (n) |
462,753 | 417,676 | ||||||
RALI Series Trust |
459,508 | 391,364 | ||||||
6.000%, 12/25/35 |
129,479 | 108,732 | ||||||
RFMSI Trust |
50,734 | 25,666 | ||||||
Seasoned Credit Risk Transfer Trust |
508,395 | 443,161 | ||||||
3.500%, 11/25/57 |
418,242 | 388,523 | ||||||
3.500%, 03/25/58 |
829,845 | 765,972 | ||||||
3.500%, 07/25/58 |
1,148,227 | 1,060,375 | ||||||
3.500%, 08/25/58 |
225,021 | 207,258 | ||||||
3.500%, 10/25/58 |
896,705 | 827,895 | ||||||
Starwood Mortgage Residential Trust |
180,842 | 168,347 | ||||||
1.219%, 05/25/65 (144A) (c) |
480,679 | 446,376 | ||||||
1.920%, 11/25/66 (144A) (c) |
828,096 | 678,770 | ||||||
Structured Adjustable Rate Mortgage Loan Trust |
36,462 | 32,174 | ||||||
Toorak Mortgage Corp., Ltd. |
670,000 | 635,640 | ||||||
Towd Point Mortgage Trust |
256,485 | 252,573 | ||||||
2.750%, 04/25/57 (144A) (c) |
50,650 | 50,179 | ||||||
2.750%, 06/25/57 (144A) (c) |
352,443 | 337,791 | ||||||
2.918%, 11/30/60 (144A) (c) |
1,254,928 | 1,104,619 |
BHFTII-119
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Wellington Balanced Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Mortgage-Backed Securities(Continued)
Security Description | Principal Amount* |
Value | ||||||
Collateralized Mortgage Obligations(Continued) | ||||||||
Verus Securitization Trust |
287,666 | $ | 263,041 | |||||
0.938%, 07/25/66 (144A) (c) |
383,802 | 308,010 | ||||||
1.031%, 02/25/66 (144A) (c) |
249,432 | 207,053 | ||||||
1.824%, 11/25/66 (144A) (c) |
580,624 | 496,165 | ||||||
1.829%, 10/25/66 (144A) (c) |
1,161,891 | 983,407 | ||||||
WaMu Mortgage Pass-Through Certificates Trust |
124,079 | 106,047 | ||||||
3.198%, 06/25/37 (c) |
71,012 | 63,269 | ||||||
Washington Mutual Mortgage Pass-Through Certificates |
56,606 | 37,233 | ||||||
Wells Fargo Mortgage-Backed Securities Trust |
48,008 | 45,372 | ||||||
4.240%, 10/25/36 (c) |
48,410 | 44,970 | ||||||
|
|
|||||||
40,650,119 | ||||||||
|
|
|||||||
Commercial Mortgage-Backed Securities2.3% | ||||||||
BANK |
4,557,450 | 150,383 | ||||||
0.760%, 11/15/62 (c) (d) |
2,245,498 | 80,938 | ||||||
0.810%, 12/15/52 (c) (d) |
3,641,039 | 138,795 | ||||||
0.842%, 11/15/50 (c) (d) |
6,856,917 | 198,099 | ||||||
0.900%, 11/15/54 (c) (d) |
795,732 | 25,089 | ||||||
0.938%, 09/15/62 (c) (d) |
4,070,172 | 173,923 | ||||||
1.039%, 05/15/62 (c) (d) |
2,880,672 | 127,676 | ||||||
1.896%, 03/15/63 (c) (d) |
4,987,445 | 502,090 | ||||||
2.036%, 02/15/54 |
565,000 | 443,249 | ||||||
3.688%, 02/15/61 |
1,700,000 | 1,570,054 | ||||||
Barclays Commercial Mortgage Trust |
1,280,000 | 77,015 | ||||||
1.603%, 02/15/50 (c) (d) |
5,180,859 | 242,464 | ||||||
3.793%, 1M LIBOR + 0.975%, 08/15/36 (144A) (c) |
1,802,000 | 1,761,214 | ||||||
4.600%, 06/15/55 (c) |
245,000 | 233,795 | ||||||
5.134%, 12/15/51 (c) |
475,000 | 418,207 | ||||||
Benchmark Mortgage Trust |
4,261,236 | 76,528 | ||||||
0.677%, 01/15/51 (c) (d) |
1,998,247 | 40,502 | ||||||
1.170%, 08/15/52 (c) (d) |
1,986,994 | 86,174 | ||||||
1.385%, 03/15/62 (c) (d) |
6,086,047 | 327,828 | ||||||
1.631%, 01/15/54 (c) (d) |
2,360,531 | 211,743 | ||||||
1.915%, 07/15/53 (c) (d) |
1,325,326 | 108,117 | ||||||
3.882%, 02/15/51 (c) |
795,000 | 740,261 | ||||||
4.016%, 03/15/52 |
1,600,000 | 1,484,898 | ||||||
BPR Trust |
575,000 | 567,863 | ||||||
BX Commercial Mortgage Trust |
914,065 | 900,274 | ||||||
BX Trust |
590,000 | 588,637 | ||||||
CAMB Commercial Mortgage Trust |
665,000 | 619,613 | ||||||
Century Plaza Towers |
585,000 | 476,453 | ||||||
Citigroup Commercial Mortgage Trust |
3,106,153 | 40,749 | ||||||
1.157%, 04/10/48 (c) (d) |
3,756,162 | 76,225 | ||||||
Commercial Mortgage-Backed Securities(Continued) | ||||||||
Commercial Mortgage Pass-Through Certificates Mortgage Trust |
2,573,384 | 13,371 | ||||||
0.803%, 08/10/46 (c) (d) |
622,319 | 2,224 | ||||||
1.700%, 10/15/45 (c) (d) |
134,038 | 6 | ||||||
2.819%, 01/10/39 (144A) |
205,000 | 178,385 | ||||||
2.853%, 10/15/45 |
49,418 | 49,318 | ||||||
3.101%, 03/10/46 |
145,000 | 144,402 | ||||||
3.213%, 03/10/46 |
171,029 | 169,907 | ||||||
3.424%, 03/10/31 (144A) |
1,065,000 | 1,063,487 | ||||||
3.612%, 06/10/46 (c) |
260,000 | 258,053 | ||||||
3.796%, 08/10/47 |
225,000 | 218,397 | ||||||
3.961%, 03/10/47 |
235,125 | 230,600 | ||||||
4.074%, 02/10/47 (c) |
115,000 | 113,223 | ||||||
4.084%, 01/10/39 (144A) (c) |
210,000 | 177,382 | ||||||
4.205%, 08/10/46 |
95,140 | 94,217 | ||||||
4.210%, 08/10/46 (c) |
175,000 | 173,780 | ||||||
4.236%, 02/10/47 (c) |
190,000 | 187,475 | ||||||
4.750%, 10/15/45 (144A) (c) |
273,831 | 19,130 | ||||||
Credit Suisse First Boston Mortgage Securities Corp. |
822 | 811 | ||||||
CSAIL Commercial Mortgage Trust |
10,939,550 | 155,255 | ||||||
1.066%, 11/15/48 (c) (d) |
711,324 | 15,338 | ||||||
2.028%, 01/15/49 (c) (d) |
1,504,321 | 75,320 | ||||||
DBJPM Mortgage Trust |
1,009,293 | 73,424 | ||||||
GS Mortgage Securities Corp. |
1,200,000 | 1,140,048 | ||||||
3.576%, 1M TSFR + 0.731%, 08/15/36 (144A) (c) |
90,000 | 88,484 | ||||||
GS Mortgage Securities Trust |
9,902,296 | 2,269 | ||||||
0.093%, 08/10/44 (144A) (c) (d) |
148,573 | 1 | ||||||
5.168%, 04/10/47 (144A) (c) |
465,000 | 340,974 | ||||||
JPMBB Commercial Mortgage Securities Trust |
2,749,187 | 24,157 | ||||||
3.363%, 07/15/45 |
245,450 | 242,249 | ||||||
JPMorgan Chase Commercial Mortgage Securities Trust |
302,247 | 277,973 | ||||||
2.812%, 01/16/37 (144A) |
305,000 | 276,885 | ||||||
4.472%, 12/15/47 (144A) (c) |
130,000 | 107,872 | ||||||
Morgan Stanley Bank of America Merrill Lynch Trust |
1,762,170 | 26,397 | ||||||
1.123%, 10/15/48 (c) (d) |
750,309 | 14,128 | ||||||
2.918%, 02/15/46 |
110,575 | 110,224 | ||||||
3.134%, 12/15/48 |
325,569 | 324,674 | ||||||
3.766%, 11/15/46 |
160,061 | 156,703 | ||||||
4.259%, 10/15/46 (c) |
115,000 | 114,013 | ||||||
Morgan Stanley Capital Trust |
1,502,003 | 59,842 | ||||||
3.912%, 09/09/32 (144A) |
1,140,000 | 1,060,055 | ||||||
5.253%, 07/15/49 (144A) (c) |
265,000 | 136,234 | ||||||
5.299%, 10/12/52 (144A) (c) |
12,137 | 5,158 | ||||||
SFAVE Commercial Mortgage Securities Trust |
150,000 | 108,464 | ||||||
SG Commercial Mortgage Securities Trust |
1,230,000 | 1,128,854 |
BHFTII-120
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Wellington Balanced Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Mortgage-Backed Securities(Continued)
Security Description | Principal Amount* |
Value | ||||||
Commercial Mortgage-Backed Securities(Continued) | ||||||||
UBS Commercial Mortgage Trust |
720,557 | $ | 28,374 | |||||
UBS-Barclays Commercial Mortgage Trust |
145,129 | 144,581 | ||||||
3.244%, 04/10/46 |
300,119 | 297,659 | ||||||
Wells Fargo Commercial Mortgage Trust |
4,623,522 | 99,177 | ||||||
1.213%, 05/15/48 (c) (d) |
2,703,441 | 54,376 | ||||||
2.942%, 10/15/49 |
890,000 | 812,326 | ||||||
4.287%, 05/15/48 (c) |
80,000 | 69,750 | ||||||
WF-RBS Commercial Mortgage Trust |
1,313,051 | 15,059 | ||||||
2.875%, 12/15/45 |
64,185 | 64,041 | ||||||
3.016%, 11/15/47 (144A) |
86,806 | 5,191 | ||||||
3.071%, 03/15/45 |
144,870 | 144,361 | ||||||
3.345%, 05/15/45 |
100,000 | 98,465 | ||||||
3.723%, 05/15/47 |
84,713 | 82,685 | ||||||
3.995%, 05/15/47 |
160,281 | 156,518 | ||||||
4.045%, 03/15/47 |
40,000 | 39,318 | ||||||
4.101%, 03/15/47 |
335,000 | 329,615 | ||||||
5.000%, 06/15/44 (144A) (c) |
105,000 | 68,507 | ||||||
|
|
|||||||
24,158,022 | ||||||||
|
|
|||||||
Total Mortgage-Backed Securities |
64,808,141 | |||||||
|
|
|||||||
Asset-Backed Securities4.4% |
| |||||||
Asset-Backed - Automobile0.7% | ||||||||
American Credit Acceptance Receivables Trust |
55,000 | 54,207 | ||||||
AmeriCredit Automobile Receivables Trust |
535,000 | 518,817 | ||||||
Carvana Auto Receivables Trust |
970,000 | 952,870 | ||||||
Credit Acceptance Auto Loan Trust |
370,000 | 352,460 | ||||||
Drive Auto Receivables Trust |
465,000 | 457,949 | ||||||
Exeter Automobile Receivables Trust |
1,029,743 | 1,016,053 | ||||||
2.730%, 12/15/25 (144A) |
315,000 | 310,113 | ||||||
4.570%, 01/15/27 |
370,000 | 362,936 | ||||||
Flagship Credit Auto Trust |
503,000 | 488,789 | ||||||
GLS Auto Receivables Issuer Trust |
90,000 | 88,809 | ||||||
Santander Drive Auto Receivables Trust |
140,000 | 134,575 | ||||||
4.420%, 11/15/27 |
735,000 | 715,580 | ||||||
4.430%, 03/15/27 |
235,000 | 229,897 | ||||||
4.720%, 06/15/27 |
165,000 | 162,559 | ||||||
Westlake Automobile Receivables Trust | ||||||||
1.650%, 02/17/26 (144A) |
415,000 | 394,880 | ||||||
2.720%, 11/15/24 (144A) |
765,000 | 760,329 | ||||||
Asset-Backed - Automobile(Continued) | ||||||||
Westlake Automobile Receivables Trust | ||||||||
4.310%, 09/15/27 (144A) |
560,000 | 546,544 | ||||||
|
|
|||||||
7,547,367 | ||||||||
|
|
|||||||
Asset-Backed - Credit Card0.1% | ||||||||
Mercury Financial Credit Card Master Trust |
495,000 | 470,250 | ||||||
|
|
|||||||
Asset-Backed - Home Equity0.1% | ||||||||
GSAA Home Equity Trust |
48,535 | 25,797 | ||||||
3.684%, 1M LIBOR + 0.600%, 03/25/36 (c) |
547,009 | 309,698 | ||||||
5.985%, 06/25/36 (c) |
435,618 | 122,076 | ||||||
Renaissance Home Equity Loan Trust |
239,171 | 103,199 | ||||||
Soundview Home Loan Trust |
408,802 | 380,755 | ||||||
|
|
|||||||
941,525 | ||||||||
|
|
|||||||
Asset-Backed - Other3.5% | ||||||||
510 Asset Backed Trust |
853,417 | 790,702 | ||||||
Affirm Asset Securitization Trust |
155,959 | 152,431 | ||||||
3.460%, 10/15/24 (144A) |
69,796 | 69,246 | ||||||
Amur Equipment Finance Receivables XI LLC Trust |
260,000 | 258,428 | ||||||
Apex Credit CLO, Ltd. |
865,092 | 848,567 | ||||||
Apollo Aviation Securitization Trust |
134,896 | 108,835 | ||||||
Arbor Realty Commercial Real Estate Notes, Ltd. |
210,000 | 205,885 | ||||||
Avant Loans Funding Trust |
455,000 | 427,147 | ||||||
Bain Capital Credit CLO, Ltd. |
1,325,000 | 1,263,157 | ||||||
Bayview Koitere Fund Trust |
435,732 | 417,363 | ||||||
Bayview Opportunity Master Fund Trust |
396,367 | 384,288 | ||||||
BlueMountain CLO, Ltd. |
825,000 | 790,083 | ||||||
3.888%, 3M LIBOR + 1.150%, 04/19/34 (144A) (c) |
1,560,000 | 1,497,656 | ||||||
Buckhorn Park CLO, Ltd. |
555,000 | 531,400 | ||||||
CF Hippolyta LLC |
249,703 | 208,054 | ||||||
Cirrus Funding, Ltd. |
940,000 | 906,733 | ||||||
Dominos Pizza Master Issuer LLC |
513,500 | 422,859 | ||||||
3.668%, 10/25/49 (144A) |
321,750 | 277,434 | ||||||
4.116%, 07/25/48 (144A) |
673,750 | 634,142 |
BHFTII-121
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Wellington Balanced Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Asset-Backed Securities(Continued)
Security Description | Principal Amount* |
Value | ||||||
Asset-Backed - Other(Continued) | ||||||||
Finance America Mortgage Loan Trust |
43,496 | $ | 40,957 | |||||
FirstKey Homes Trust |
289,236 | 273,011 | ||||||
4.250%, 07/17/39 (144A) |
1,188,203 | 1,114,136 | ||||||
GMACM Home Equity Loan Trust |
11,815 | 12,136 | ||||||
Harriman Park CLO, Ltd. |
1,655,000 | 1,588,441 | ||||||
KKR CLO, Ltd. |
1,230,000 | 1,193,066 | ||||||
Knollwood CDO, Ltd. |
778,867 | 78 | ||||||
LCM, Ltd. |
394,382 | 390,653 | ||||||
Madison Park Funding, Ltd. |
1,330,000 | 1,270,444 | ||||||
MF1, Ltd. |
685,000 | 660,064 | ||||||
MFA LLC |
732,769 | 699,792 | ||||||
Morgan Stanley ABS Capital I, Inc. Trust |
8,182 | 7,107 | ||||||
NRZ Excess Spread-Collateralized Notes |
112,898 | 103,165 | ||||||
Octagon Investment Partners, Ltd. |
1,155,000 | 1,109,913 | ||||||
OZLM, Ltd. |
900,000 | 877,414 | ||||||
3.750%, 3M LIBOR + 1.010%, 07/17/29 (144A) (c) |
256,928 | 253,003 | ||||||
3.832%, 3M LIBOR + 1.050%, 04/30/27 (144A) (c) |
135 | 134 | ||||||
Pretium Mortgage Credit Partners LLC |
524,336 | 487,718 | ||||||
1.992%, 02/25/61 (144A) (n) |
902,197 | 842,307 | ||||||
2.487%, 07/25/51 (144A) (n) |
473,525 | 440,561 | ||||||
2.981%, 01/25/52 (144A) (n) |
1,166,447 | 1,052,297 | ||||||
Progress Residential Trust |
809,252 | 693,666 | ||||||
3.200%, 04/17/39 (144A) |
280,000 | 253,939 | ||||||
4.438%, 05/17/41 (144A) |
765,000 | 718,313 | ||||||
4.451%, 06/17/39 (144A) |
216,426 | 206,286 | ||||||
4.750%, 10/27/27 (144A) |
350,000 | 341,662 | ||||||
Regatta VI Funding, Ltd. |
1,200,000 | 1,134,793 | ||||||
RR 1 LLC |
1,365,000 | 1,309,203 | ||||||
RR 16, Ltd. |
1,175,000 | 1,124,862 | ||||||
Sapphire Aviation Finance II, Ltd. |
190,728 | 157,901 | ||||||
Sound Point CLO XXIX, Ltd. |
1,300,000 | 1,245,260 | ||||||
Summit Issuer LLC |
320,000 | 280,968 | ||||||
Symphony CLO, Ltd. |
96,441 | 96,167 | ||||||
Asset-Backed - Other(Continued) | ||||||||
Tricon Residential Trust |
773,000 | 753,967 | ||||||
Upstart Securitization Trust |
146,803 | 142,102 | ||||||
VCAT Asset Securitization LLC |
||||||||
1.743%, 05/25/51 (144A) (n) |
501,314 | 459,533 | ||||||
2.115%, 03/27/51 (144A) (n) |
156,828 | 148,070 | ||||||
Venture CLO, Ltd. |
1,300,000 | 1,238,451 | ||||||
3.752%, 3M LIBOR + 1.240%, 04/15/34 (144A) (c) |
500,000 | 478,297 | ||||||
VOLT XCIV LLC |
555,731 | 515,339 | ||||||
Voya CLO, Ltd. |
1,115,112 | 1,097,099 | ||||||
Wellfleet CLO X, Ltd. |
1,065,000 | 1,032,118 | ||||||
Wendys Funding LLC |
1,170,188 | 930,264 | ||||||
3.884%, 03/15/48 (144A) |
414,338 | 368,260 | ||||||
Wingstop Funding LLC |
163,763 | 139,166 | ||||||
|
|
|||||||
37,476,493 | ||||||||
|
|
|||||||
Total Asset-Backed Securities |
46,435,635 | |||||||
|
|
|||||||
Foreign Government1.7% |
| |||||||
Sovereign1.7% | ||||||||
Angolan Government International Bonds |
400,000 | 300,088 | ||||||
8.250%, 05/09/28 |
205,000 | 161,192 | ||||||
Benin Government International Bond |
620,000 | 382,565 | ||||||
Bermuda Government International Bond |
200,000 | 159,098 | ||||||
5.000%, 07/15/32 (144A) |
405,000 | 384,547 | ||||||
Brazil Notas do Tesouro Nacional |
11,104,000 | 1,911,593 | ||||||
Chile Government International Bonds |
700,000 | 339,587 | ||||||
4.000%, 01/31/52 |
220,000 | 160,443 | ||||||
Colombia Government International Bonds |
800,000 | 484,238 | ||||||
5.200%, 05/15/49 |
200,000 | 123,308 | ||||||
5.625%, 02/26/44 |
225,000 | 148,781 | ||||||
Egypt Government International Bonds |
200,000 | 115,043 | ||||||
7.903%, 02/21/48 |
270,000 | 140,486 | ||||||
8.500%, 01/31/47 |
200,000 | 110,896 | ||||||
Finance Department Government of Sharjah |
550,000 | 426,490 | ||||||
Hungary Government International Bond |
1,320,000 | 863,483 |
BHFTII-122
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Wellington Balanced Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Foreign Government(Continued)
Security Description | Principal Amount* |
Value | ||||||
Sovereign(Continued) | ||||||||
Indonesia Government International Bonds |
1,170,000 | $ | 781,757 | |||||
2.150%, 07/18/24 (EUR) |
100,000 | 94,874 | ||||||
2.625%, 06/14/23 (EUR) |
100,000 | 97,249 | ||||||
Ivory Coast Government International Bond |
460,000 | 301,042 | ||||||
Jordan Government International Bond |
430,000 | 349,375 | ||||||
Mexican Bonos |
72,152,300 | 3,179,509 | ||||||
Mexico Government International Bonds |
||||||||
1.125%, 01/17/30 (EUR) |
200,000 | 147,980 | ||||||
1.450%, 10/25/33 (EUR) |
1,330,000 | 854,302 | ||||||
4.875%, 05/19/33 |
205,000 | 180,192 | ||||||
North Macedonia Government International Bonds |
425,000 | 376,952 | ||||||
3.675%, 06/03/26 (144A) (EUR) |
515,000 | 440,964 | ||||||
Panama Government International Bonds |
1,170,000 | 694,440 | ||||||
4.300%, 04/29/53 |
200,000 | 133,370 | ||||||
Philippine Government International Bonds |
1,010,000 | 689,379 | ||||||
1.750%, 04/28/41 (EUR) |
300,000 | 176,468 | ||||||
Romanian Government International Bonds |
635,000 | 317,439 | ||||||
2.750%, 04/14/41 (EUR) |
1,045,000 | 523,711 | ||||||
3.375%, 02/08/38 (EUR) |
310,000 | 187,183 | ||||||
4.625%, 04/03/49 (EUR) |
738,000 | 475,193 | ||||||
Russian Federal Bond - OFZ |
148,955,000 | 779,416 | ||||||
Saudi Government International Bond |
650,000 | 460,276 | ||||||
Senegal Government International Bonds |
245,000 | 193,506 | ||||||
6.250%, 05/23/33 |
485,000 | 363,720 | ||||||
|
|
|||||||
Total Foreign Government |
18,010,135 | |||||||
|
|
|||||||
Municipals0.6% |
| |||||||
Chicago Board of Education, General Obligation Unlimited, Build America Bonds |
85,000 | 79,779 | ||||||
6.138%, 12/01/39 |
325,000 | 281,743 | ||||||
6.319%, 11/01/29 |
480,000 | 453,865 | ||||||
Chicago Transit Authority Sale Tax Receipts Fund |
170,000 | 142,661 | ||||||
Metropolitan Transportation Authority |
505,000 | 475,290 | ||||||
5.175%, 11/15/49 |
1,390,000 | 1,236,147 | ||||||
Municipal Electric Authority of Georgia, Build America Bond |
191,000 | 206,917 | ||||||
New York Transportation Development Corp |
1,150,000 | 1,095,602 | ||||||
Philadelphia, Authority for Industrial Development |
1,235,000 | 1,307,359 | ||||||
State Board of Administration Finance Corp. |
975,000 | 882,713 | ||||||
State of California General Obligation Unlimited, Build America Bond |
180,000 | 215,442 | ||||||
State of Illinois |
242,727 | 242,666 | ||||||
5.000%, 01/01/23 |
70,000 | 70,123 | ||||||
|
|
|||||||
Total Municipals |
6,690,307 | |||||||
|
|
|||||||
Floating Rate Loans (o)0.0% |
| |||||||
Engineering & Construction0.0% | ||||||||
Artera Services LLC |
||||||||
Incremental Term Loan, 7.174%, 3M LIBOR + 3.500%, 03/06/25 |
98,750 | 81,140 | ||||||
|
|
|||||||
Entertainment0.0% | ||||||||
Crown Finance U.S., Inc. |
||||||||
Incremental Term Loan B1, 10.076%, 6M LIBOR + 8.250%, 02/28/25 |
3,492 | 3,766 | ||||||
USD Term Loan, 4.000%, 3M LIBOR + 2.500%, 02/28/25 (l) |
79,970 | 34,754 | ||||||
DIP Delayed Draw Term Loan, 09/07/23 (p) |
3,068 | 3,135 | ||||||
DIP Term Loan, 09/08/23 (p) |
36,512 | 37,298 | ||||||
|
|
|||||||
78,953 | ||||||||
|
|
|||||||
Healthcare-Products0.0% | ||||||||
Avantor Funding, Inc. |
6,665 | 6,516 | ||||||
|
|
|||||||
Insurance0.0% | ||||||||
Sedgwick Claims Management Services, Inc. |
130,613 | 125,160 | ||||||
|
|
|||||||
Oil & Gas0.0% | ||||||||
Paragon Offshore Finance Co. |
587 | 0 | ||||||
|
|
|||||||
Total Floating Rate Loans |
291,769 | |||||||
|
|
|||||||
Short-Term Investment2.8% |
| |||||||
Repurchase Agreement2.8% | ||||||||
Fixed Income Clearing Corp. |
29,986,765 | 29,986,765 | ||||||
|
|
|||||||
Total Short-Term Investments |
29,986,765 | |||||||
|
|
BHFTII-123
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Wellington Balanced Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Securities Lending Reinvestments (q)5.2%
Security Description | Principal Amount* |
Value | ||||||
Certificates of Deposit1.0% | ||||||||
Bank of Montreal |
1,000,000 | $ | 1,000,000 | |||||
Bank of Nova Scotia |
1,000,000 | 1,000,000 | ||||||
Citibank N.A. |
1,000,000 | 999,852 | ||||||
Mitsubishi UFJ Trust and Banking Corp. |
2,000,000 | 2,001,790 | ||||||
Mizuho Bank, Ltd. |
2,000,000 | 2,000,000 | ||||||
Natixis S.A. (New York) |
2,000,000 | 2,001,586 | ||||||
Sumitomo Mitsui Banking Corp. |
1,000,000 | 1,000,222 | ||||||
Sumitomo Mitsui Trust Bank, Ltd. |
1,000,000 | 1,000,839 | ||||||
|
|
|||||||
11,004,289 | ||||||||
|
|
|||||||
Commercial Paper0.3% | ||||||||
Macquarie Bank Ltd. |
2,000,000 | 2,001,876 | ||||||
UBS AG |
1,000,000 | 1,000,000 | ||||||
|
|
|||||||
3,001,876 | ||||||||
|
|
|||||||
Repurchase Agreements2.8% | ||||||||
National Bank Financial, Inc. |
10,000,000 | 10,000,000 | ||||||
National Bank of Canada |
2,200,000 | 2,200,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.200%, due on 10/07/22 with a maturity value of $2,701,680; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 5.500%, maturity dates ranging from 11/03/22 - 02/15/52, and various Common Stock with an aggregate market value of $2,959,335. |
2,700,000 | 2,700,000 | ||||||
Natixis S.A. (New York) |
3,080,998 | 3,080,998 | ||||||
Repurchase Agreements(Continued) | ||||||||
NBC Global Finance, Ltd. |
2,010,000 | 2,010,000 | ||||||
Societe Generale |
2,000,000 | 2,000,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.050%, due on 10/03/22 with a maturity value of $1,600,407; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 1.125%, maturity dates ranging from 03/09/23 - 05/15/40, and various Common Stock with an aggregate market value of $1,777,703. |
1,600,000 | 1,600,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.070%, due on 10/03/22 with a maturity value of $600,154; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 1.125%, maturity dates ranging from 03/09/23 - 05/15/40, and various Common Stock with an aggregate market value of $666,639. |
600,000 | 600,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.160%, due on 10/03/22 with a maturity value of $1,000,263; collateralized by various Common Stock with an aggregate market value of $1,112,451. |
1,000,000 | 1,000,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.170%, due on 10/07/22 with a maturity value of $900,555; collateralized by various Common Stock with an aggregate market value of $1,001,206. |
900,000 | 900,000 | ||||||
TD Prime Services LLC |
3,000,000 | 3,000,000 | ||||||
|
|
|||||||
29,090,998 | ||||||||
|
|
|||||||
Mutual Funds1.1% | ||||||||
Dreyfus Treasury Obligations Cash Management Fund, Institutional Class 2.850% (r) |
1,000,000 | 1,000,000 | ||||||
Goldman Sachs Financial Square Government Fund, Institutional Shares 2.930% (r) |
5,000,000 | 5,000,000 | ||||||
HSBC U.S. Government Money Market Fund, Class I 2.940% (r) |
800,000 | 800,000 | ||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class 2.940% (r) |
5,000,000 | 5,000,000 | ||||||
|
|
|||||||
11,800,000 | ||||||||
|
|
|||||||
Total Securities Lending Reinvestments |
54,897,163 | |||||||
|
|
|||||||
Total Investments112.9% |
1,194,916,074 | |||||||
Other assets and liabilities (net)(12.9)% |
(136,487,610 | ) | ||||||
|
|
|||||||
Net Assets100.0% | $ | 1,058,428,464 | ||||||
|
|
BHFTII-124
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Wellington Balanced Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
* | Principal amount stated in U.S. dollars unless otherwise noted. | |||
(a) | Non-income producing security. | |||
(b) | All or a portion of the security was held on loan. As of September 30, 2022, the market value of securities loaned was $56,930,977 and the collateral received consisted of cash in the amount of $54,890,998 and non-cash collateral with a value of $4,132,905. The cash collateral investments are disclosed in the Schedule of Investments and categorized as Securities Lending Reinvestments. The non-cash collateral received consists of U.S. government securities that are held in safe-keeping by the lending agent, or a third- party custodian, and cannot be sold or repledged by the Portfolio. | |||
(c) | Variable or floating rate security. The stated rate represents the rate at September 30, 2022. Maturity date shown for callable securities reflects the earliest possible call date. For securities based on a published reference index and spread, the index and spread are indicated in the description above. For certain variable rate securities, the coupon rate is determined by the issuer/agent based on current market conditions. For certain asset- and mortgage-backed securities, the coupon rate may fluctuate based on changes of the underlying collateral or prepayments of principal. These securities do not indicate a reference index and spread in their description above. | |||
(d) | Interest only security. | |||
(e) | Principal only security. | |||
(f) | TBA (To Be Announced) Securities are purchased on a forward commitment basis with an approximate principal amount and no defined maturity date. The actual principal and maturity date will be determined upon settlement date. | |||
(g) | All or a portion of the security was pledged as collateral against open futures contracts. As of September 30, 2022, the market value of securities pledged was $2,351,532. | |||
(h) | All or a portion of the security was pledged as collateral against open OTC option contracts. As of September 30, 2022, the market value of securities pledged was $228,463. | |||
(i) | All or a portion of the security was pledged as collateral against open centrally cleared swap contracts. As of September 30, 2022, the market value of securities pledged was $776,733. | |||
(j) | Principal amount of security is adjusted for inflation. | |||
(k) | Significant unobservable inputs were used in the valuation of this portfolio security; i.e. Level 3. | |||
(l) | Non-income producing; security is in default and/or issuer is in bankruptcy. | |||
(m) | Security was valued in good faith under procedures approved by the Board of Trustees. As of September 30, 2022, these securities represent less than 0.05% of net assets. | |||
(n) | Security is a step-up bond where coupon increases or steps up at a predetermined date. Rate shown is current coupon rate. | |||
(o) | Floating rate loans (Senior Loans) often require prepayments from excess cash flows or permit the borrowers to repay at their election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, Senior Loans will generally have an expected average life of approximately two to four years. Senior Loans typically have rates of interest which are determined periodically by reference to a base lending rate, plus a spread. These base rates are primarily the London Interbank Offered Rate and secondarily, the prime rate offered by one or more major United States banks. Base lending rates may be subject to a floor, or a minimum rate. | |||
(p) | This loan will settle after September 30, 2022, at which time the interest rate will be determined. | |||
(q) | Represents investment of cash collateral received from securities on loan as of September 30, 2022. | |||
(r) | The rate shown represents the annualized seven-day yield as of September 30, 2022. | |||
(144A) | Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of September 30, 2022, the market value of 144A securities was $136,183,288, which is 12.9% of net assets. |
TBA Forward Sale Commitments
Security Description |
Interest Rate |
Maturity |
Face Amount |
Cost | Value | |||||||||||||||
Uniform Mortgage-Backed Securities 30 Yr. Pool |
4.000 | % | TBA | $ | (456,000 | ) | $ | (408,484 | ) | $ | (423,100 | ) | ||||||||
|
|
|
|
Forward Foreign Currency Exchange Contracts
Contracts to Buy |
Counterparty |
Settlement Date |
In Exchange for |
Unrealized Appreciation/ (Depreciation) |
||||||||||||||||||
EUR |
175,973 | BOA | 10/31/22 | USD | 172,226 | $ | 557 | |||||||||||||||
EUR |
449,000 | CBNA | 12/21/22 | USD | 442,191 | 539 | ||||||||||||||||
EUR |
533,000 | CBNA | 12/21/22 | USD | 536,365 | (10,808 | ) | |||||||||||||||
EUR |
166,000 | TDB | 12/21/22 | USD | 167,996 | (4,314 | ) | |||||||||||||||
EUR |
57,000 | UBSA | 12/21/22 | USD | 57,662 | (1,458 | ) | |||||||||||||||
EUR |
58,000 | WBC | 12/21/22 | USD | 59,177 | (1,987 | ) | |||||||||||||||
EUR |
132,000 | WBC | 12/21/22 | USD | 132,839 | (2,682 | ) | |||||||||||||||
Contracts to Deliver |
||||||||||||||||||||||
BRL |
9,480,000 | BOA | 12/21/22 | USD | 1,775,647 | 48,846 | ||||||||||||||||
EUR |
449,334 | TDB | 10/31/22 | USD | 433,946 | (7,241 | ) | |||||||||||||||
EUR |
9,752,000 | DBAG | 12/21/22 | USD | 9,817,436 | 201,607 | ||||||||||||||||
MXN |
66,870,000 | CBNA | 12/21/22 | USD | 3,264,945 | (9,030 | ) | |||||||||||||||
|
|
|||||||||||||||||||||
Net Unrealized Appreciation |
|
$ | 214,029 | |||||||||||||||||||
|
|
BHFTII-125
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Wellington Balanced Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Futures Contracts
Futures ContractsLong |
Expiration Date |
Number of Contracts |
Notional Value |
Value/ Unrealized Appreciation/ (Depreciation) |
||||||||||||||||
Australian 10 Year Treasury Bond Futures |
12/15/22 | 108 | AUD | 12,648,581 | $ | (172,485 | ) | |||||||||||||
Canada Government Bond 10 Year Futures |
12/19/22 | 63 | CAD | 7,786,170 | (32,251 | ) | ||||||||||||||
U.S. Treasury Note 2 Year Futures |
12/30/22 | 168 | USD | 34,505,625 | (145,854 | ) | ||||||||||||||
U.S. Treasury Note 5 Year Futures |
12/30/22 | 411 | USD | 44,185,711 | (334,476 | ) | ||||||||||||||
Futures ContractsShort |
||||||||||||||||||||
Euro-Bund Futures |
12/08/22 | (35 | ) | EUR | (4,847,150 | ) | 229,986 | |||||||||||||
Euro-Buxl 30 Year Bond Futures |
12/08/22 | (30 | ) | EUR | (4,399,200 | ) | 376,580 | |||||||||||||
Euro-Schatz Futures |
12/08/22 | (125 | ) | EUR | (13,395,625 | ) | (39,909 | ) | ||||||||||||
U.S. Treasury Long Bond Futures |
12/20/22 | (86 | ) | USD | (10,870,938 | ) | 823,212 | |||||||||||||
U.S. Treasury Note 10 Year Futures |
12/20/22 | (179 | ) | USD | (20,059,188 | ) | 593,673 | |||||||||||||
U.S. Treasury Note Ultra 10 Year Futures |
12/20/22 | (45 | ) | USD | (5,331,797 | ) | 79,761 | |||||||||||||
U.S. Treasury Ultra Long Bond Futures |
12/20/22 | (46 | ) | USD | (6,302,000 | ) | 231,603 | |||||||||||||
|
|
|||||||||||||||||||
Net Unrealized Appreciation |
|
$ | 1,609,840 | |||||||||||||||||
|
|
Written Options
Credit Default Swaptions |
Strike Spread |
Counterparty | Reference Obligation |
Buy/Sell Protection |
Expiration Date |
Number of Contracts |
Notional Amount |
Premiums Received |
Market Value |
Unrealized Appreciation/ (Depreciation) |
||||||||||||||||||||||||||||
Call - OTC-5 Yr. CDS |
0.850% | BBP | CDX.NA.IG.38 | Buy | 10/19/22 | (34,100,000 | ) | USD | (34,100,000 | ) | $ | (63,426 | ) | $ | (7,649 | ) | $ | 55,777 | ||||||||||||||||||||
Call - OTC-5 Yr. CDS |
1.050% | BOA | CDX.NA.IG.39 | Buy | 10/19/22 | (34,100,000 | ) | USD | (34,100,000 | ) | (75,020 | ) | (62,553 | ) | 12,467 | |||||||||||||||||||||||
Put - OTC-5 Yr. CDS |
0.850% | BBP | CDX.NA.IG.38 | Sell | 10/19/22 | (34,100,000 | ) | USD | (34,100,000 | ) | (100,254 | ) | (237,517 | ) | (137,263 | ) | ||||||||||||||||||||||
Put - OTC-5 Yr. CDS |
1.050% | BOA | CDX.NA.IG.39 | Sell | 10/19/22 | (34,100,000 | ) | USD | (34,100,000 | ) | (110,825 | ) | (129,208 | ) | (18,383 | ) | ||||||||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||||||||||||||||
Totals |
|
$ | (349,525 | ) | $ | (436,927 | ) | $ | (87,402 | ) | ||||||||||||||||||||||||||||
|
|
|
|
|
|
Swap Agreements
Centrally Cleared Credit Default Swaps on Sovereign Issues and Credit IndicesBuy Protection (a)
Reference Obligation |
Fixed Deal (Pay) Rate |
Payment Frequency |
Maturity Date |
Implied Credit Spread at September 30, 2022(b) |
Notional Amount(c) |
Market Value |
Upfront Premiums Paid/(Received) |
Unrealized Appreciation/ (Depreciation) |
||||||||||||||||||||||||||||
Brazilian Government International Bond |
(1.000 | %) | Quarterly | 06/20/27 | 2.901 | % | USD | 1,986,000 | $ | 150,474 | $ | 105,063 | $ | 45,411 | ||||||||||||||||||||||
CDX.EM.38.V1 |
(1.000 | %) | Quarterly | 12/20/27 | 3.332 | % | USD | 3,440,000 | 342,610 | 292,474 | 50,136 | |||||||||||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||||||||||||||
Totals |
|
$ | 493,084 | $ | 397,537 | $ | 95,547 | |||||||||||||||||||||||||||||
|
|
|
|
|
|
Centrally Cleared Credit Default Swaps on Credit IndicesSell Protection (d)
Reference Obligation |
Fixed Deal Receive Rate |
Payment Frequency |
Maturity Date |
Implied Credit Spread at September 30, 2022(b) |
Notional Amount(c) |
Market Value |
Upfront Premiums Paid/(Received) |
Unrealized Appreciation/ (Depreciation) |
||||||||||||||||||||||||||||||||
CDX.NA.HY.39.V1 |
5.000 | % | Quarterly | 12/20/27 | 6.087 | % | USD | 3,180,000 | $ | (133,290 | ) | $ | (139,700 | ) | $ | 6,410 | ||||||||||||||||||||||||
|
|
|
|
|
|
BHFTII-126
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Wellington Balanced Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
OTC Credit Default Swaps on Credit IndicesBuy Protection (a)
Reference Obligation |
Fixed Deal (Pay) Rate |
Payment Frequency |
Maturity Date |
Counterparty | Implied Credit Spread at September 30, 2022(b) |
Notional Amount(c) |
Market Value |
Upfront Premium Paid/(Received) |
Unrealized Appreciation/ (Depreciation) |
|||||||||||||||||||||||||||||||
ABX.HE.PEN.AAA.06-2 |
(0.110 | %) | Monthly | 05/25/46 | JPMC | 86.069 | % | USD | 64,430 | $ | 4,725 | $ | 8,234 | $ | (3,509 | ) | ||||||||||||||||||||||||
PRIMEX.ARM.2 (e) |
(4.580 | %) | Monthly | 12/25/37 | MSIP | 0.000 | % | USD | 119,553 | | (241 | ) | 241 | |||||||||||||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||||||||||||||||||
Totals |
|
$ | 4,725 | $ | 7,993 | $ | (3,268 | ) | ||||||||||||||||||||||||||||||||
|
|
|
|
|
|
OTC Credit Default Swaps on Credit IndicesSell Protection (d)
Reference Obligation |
Fixed Deal Receive Rate |
Payment Frequency |
Maturity Date |
Counterparty | Implied Credit Spread at September 30, 2022(b) |
Notional Amount(c) |
Market Value |
Upfront Premium Paid/(Received) |
Unrealized Appreciation/ (Depreciation) |
|||||||||||||||||||||||||||||||
ABX.HE.PEN.AAA.06-2 |
0.110 | % | Monthly | 05/25/46 | BBP | 86.069 | % | USD | 64,430 | $ | (4,725 | ) | $ | (1,616 | ) | $ | (3,109 | ) | ||||||||||||||||||||||
PRIMEX.ARM.2 (e) |
4.580 | % | Monthly | 12/25/37 | JPMC | 0.000 | % | USD | 119,553 | | 3,340 | (3,340 | ) | |||||||||||||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||||||||||||||||||
Totals |
|
$ | (4,725 | ) | $ | 1,724 | $ | (6,449 | ) | |||||||||||||||||||||||||||||||
|
|
|
|
|
|
(a) | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | |||
(b) | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues or indices as of period end serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entitys credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. A credit spread identified as Defaulted indicates a credit event has occurred for the referenced entity or obligation. | |||
(c) | The maximum potential amount of future undiscounted payments that the Portfolio could be required to make under a credit default swap contract would be the notional amount of the contract. These potential amounts would be partially offset by any recovery values of the referenced debt obligation or net amounts received from the settlement of purchased protection credit default swap contracts entered into by the Portfolio for the same referenced debt obligation. | |||
(d) | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | |||
(e) | Significant unobservable inputs were used in the valuation of this position; i.e. Level 3 |
Glossary of Abbreviations
Counterparties
(BBP) | Barclays Bank plc | |||
(BOA) | Bank of America N.A. | |||
(CBNA) | Citibank N.A. | |||
(DBAG) | Deutsche Bank AG | |||
(JPMC) | JPMorgan Chase Bank N.A. | |||
(MSIP) | Morgan Stanley & Co. International plc | |||
(TDB) | Toronto Dominion Bank | |||
(UBSA) | UBS AG | |||
(WBC) | Westpac Banking Corp. |
Currencies
(AUD) | Australian Dollar | |||
(BRL) | Brazilian Real | |||
(CAD) | Canadian Dollar | |||
(EUR) | Euro | |||
(MXN) | Mexican Peso | |||
(RUB) | Russian Ruble | |||
(USD) | United States Dollar |
Index Abbreviations
(ABX.HE.PEN.AAA) | Markit Asset-Backed Home Equity Penultimate AAA Rated Index | |||
(CDX.EM) | Markit Emerging Market CDS Index | |||
(CDX.NA.HY) | Markit North America High Yield CDS Index | |||
(CDX.NA.IG) | Markit North America Investment Grade CDS Index | |||
(FEDEFF PRV) | Effective Federal Funds Rate | |||
(H15) | U.S. Treasury Yield Curve Rate T-Note Constant Maturity Index | |||
(LIBOR) | London Interbank Offered Rate | |||
(MTA) | Monthly Treasury Average Index | |||
(OBFR) | U.S. Overnight Bank Funding Rate | |||
(PRIMEX.ARM) | Markit PrimeX Adjustable Rate Mortgage Index | |||
(SOFR) | Secured Overnight Financing Rate | |||
(SOFR30A) | Secured Overnight Financing Rate 30-Day Average | |||
(TSFR) | Term Secured Financing Rate |
BHFTII-127
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Wellington Balanced Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Glossary of Abbreviations(Continued)
Other Abbreviations
(ACES) | Alternative Credit Enhancement Securities | |||
(ADR) | American Depositary Receipt | |||
(ARM) | Adjustable-Rate Mortgage | |||
(CDO) | Collateralized Debt Obligation | |||
(CLO) | Collateralized Loan Obligation | |||
(CMO) | Collateralized Mortgage Obligation | |||
(CDS) | Credit Default Swap | |||
(DAC) | Designated Activity Company | |||
(REMIC) | Real Estate Mortgage Investment Conduit | |||
(STACR) | Structured Agency Credit Risk |
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Total Common Stocks* |
$ | 616,616,596 | $ | | $ | | $ | 616,616,596 | ||||||||
Total U.S. Treasury & Government Agencies* |
| 230,737,172 | | 230,737,172 | ||||||||||||
Corporate Bonds & Notes |
| |||||||||||||||
Advertising |
| 449,905 | | 449,905 | ||||||||||||
Aerospace/Defense |
| 1,240,719 | | 1,240,719 | ||||||||||||
Agriculture |
| 1,573,355 | | 1,573,355 | ||||||||||||
Apparel |
| 841,082 | | 841,082 | ||||||||||||
Auto Manufacturers |
| 360,459 | | 360,459 | ||||||||||||
Banks |
| 30,197,173 | 0 | 30,197,173 | ||||||||||||
Beverages |
| 1,447,696 | | 1,447,696 | ||||||||||||
Biotechnology |
| 1,515,855 | | 1,515,855 | ||||||||||||
Building Materials |
| 1,305,963 | | 1,305,963 | ||||||||||||
Chemicals |
| 373,830 | | 373,830 | ||||||||||||
Commercial Services |
| 4,686,172 | | 4,686,172 | ||||||||||||
Computers |
| 1,705,026 | | 1,705,026 | ||||||||||||
Cosmetics/Personal Care |
| 427,058 | | 427,058 | ||||||||||||
Diversified Financial Services |
| 2,941,210 | | 2,941,210 | ||||||||||||
Electric |
| 11,641,301 | | 11,641,301 | ||||||||||||
Energy-Alternate Sources |
| 845,268 | | 845,268 | ||||||||||||
Engineering & Construction |
| 1,143,617 | | 1,143,617 | ||||||||||||
Entertainment |
| 2,284,032 | | 2,284,032 | ||||||||||||
Environmental Control |
| 1,089,302 | | 1,089,302 | ||||||||||||
Food |
| 1,445,303 | | 1,445,303 | ||||||||||||
Gas |
| 390,453 | | 390,453 | ||||||||||||
Healthcare-Products |
| 2,859,517 | | 2,859,517 | ||||||||||||
Healthcare-Services |
| 2,952,949 | | 2,952,949 | ||||||||||||
Home Builders |
| 1,343,962 | | 1,343,962 | ||||||||||||
Insurance |
| 3,454,318 | | 3,454,318 | ||||||||||||
Internet |
| 2,434,052 | | 2,434,052 | ||||||||||||
Iron/Steel |
| 381,971 | | 381,971 | ||||||||||||
Lodging |
| 258,086 | | 258,086 | ||||||||||||
Machinery-Diversified |
| 372,156 | | 372,156 | ||||||||||||
Media |
| 5,183,221 | | 5,183,221 | ||||||||||||
Mining |
| 668,724 | | 668,724 |
BHFTII-128
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Wellington Balanced Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Fair Value Hierarchy(Continued)
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Miscellaneous Manufacturing |
$ | | $ | 398,082 | $ | | $ | 398,082 | ||||||||
Office/Business Equipment |
| 1,336,592 | | 1,336,592 | ||||||||||||
Oil & Gas |
| 5,306,213 | | 5,306,213 | ||||||||||||
Packaging & Containers |
| 1,176,240 | | 1,176,240 | ||||||||||||
Pharmaceuticals |
| 1,291,883 | | 1,291,883 | ||||||||||||
Pipelines |
| 5,560,065 | | 5,560,065 | ||||||||||||
Real Estate Investment Trusts |
| 3,164,651 | | 3,164,651 | ||||||||||||
Retail |
| 3,914,027 | | 3,914,027 | ||||||||||||
Semiconductors |
| 4,583,311 | | 4,583,311 | ||||||||||||
Software |
| 5,381,750 | | 5,381,750 | ||||||||||||
Telecommunications |
| 4,290,558 | | 4,290,558 | ||||||||||||
Trucking & Leasing |
| 1,890,542 | | 1,890,542 | ||||||||||||
Water |
| 334,742 | | 334,742 | ||||||||||||
Total Corporate Bonds & Notes |
| 126,442,391 | 0 | 126,442,391 | ||||||||||||
Total Mortgage-Backed Securities* |
| 64,808,141 | | 64,808,141 | ||||||||||||
Total Asset-Backed Securities* |
| 46,435,635 | | 46,435,635 | ||||||||||||
Total Foreign Government* |
| 18,010,135 | | 18,010,135 | ||||||||||||
Total Municipals* |
| 6,690,307 | | 6,690,307 | ||||||||||||
Floating Rate Loans |
| |||||||||||||||
Engineering & Construction |
| 81,140 | | 81,140 | ||||||||||||
Entertainment |
| 78,953 | | 78,953 | ||||||||||||
Healthcare-Products |
| 6,516 | | 6,516 | ||||||||||||
Insurance |
| 125,160 | | 125,160 | ||||||||||||
Oil & Gas |
| | 0 | 0 | ||||||||||||
Total Floating Rate Loans |
| 291,769 | 0 | 291,769 | ||||||||||||
Total Short-Term Investment* |
| 29,986,765 | | 29,986,765 | ||||||||||||
Securities Lending Reinvestments |
| |||||||||||||||
Certificates of Deposit |
| 11,004,289 | | 11,004,289 | ||||||||||||
Commercial Paper |
| 3,001,876 | | 3,001,876 | ||||||||||||
Repurchase Agreements |
| 29,090,998 | | 29,090,998 | ||||||||||||
Mutual Funds |
11,800,000 | | | 11,800,000 | ||||||||||||
Total Securities Lending Reinvestments |
11,800,000 | 43,097,163 | | 54,897,163 | ||||||||||||
Total Investments |
$ | 628,416,596 | $ | 566,499,478 | $ | 0 | $ | 1,194,916,074 | ||||||||
Collateral for Securities Loaned (Liability) |
$ | | $ | (54,890,998 | ) | $ | | $ | (54,890,998 | ) | ||||||
TBA Forward Sales Commitments |
$ | | $ | (423,100 | ) | $ | | $ | (423,100 | ) | ||||||
Forward Contracts |
| |||||||||||||||
Forward Foreign Currency Exchange Contracts (Unrealized Appreciation) |
$ | | $ | 251,549 | $ | | $ | 251,549 | ||||||||
Forward Foreign Currency Exchange Contracts (Unrealized Depreciation) |
| (37,520 | ) | | (37,520 | ) | ||||||||||
Total Forward Contracts |
$ | | $ | 214,029 | $ | | $ | 214,029 | ||||||||
Futures Contracts |
| |||||||||||||||
Futures Contracts (Unrealized Appreciation) |
$ | 2,334,815 | $ | | $ | | $ | 2,334,815 | ||||||||
Futures Contracts (Unrealized Depreciation) |
(724,975 | ) | | | (724,975 | ) | ||||||||||
Total Futures Contracts |
$ | 1,609,840 | $ | | $ | | $ | 1,609,840 | ||||||||
Total Written Options at Value |
$ | | $ | (436,927 | ) | $ | | $ | (436,927 | ) | ||||||
Centrally Cleared Swap Contracts |
| |||||||||||||||
Centrally Cleared Swap Contracts (Unrealized Appreciation) |
$ | | $ | 101,957 | $ | | $ | 101,957 | ||||||||
OTC Swap Contracts |
| |||||||||||||||
OTC Swap Contracts at Value (Assets) |
$ | | $ | 4,725 | $ | | $ | 4,725 | ||||||||
OTC Swap Contracts at Value (Liabilities) |
| (4,725 | ) | | (4,725 | ) | ||||||||||
Total OTC Swap Contracts |
$ | | $ | 0 | $ | | $ | 0 |
* | See Schedule of Investments for additional detailed categorizations. |
Level 3 investments at the beginning and/or end of the period in relation to net assets were not significant and accordingly, a reconciliation of Level 3 assets for the period ended September 31, 2022 is not presented.
BHFTII-129
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Wellington Core Equity Opportunities Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks97.7% of Net Assets
Security Description | Shares | Value | ||||||
Aerospace & Defense9.9% | ||||||||
General Dynamics Corp. |
343,746 | $ | 72,932,589 | |||||
Lockheed Martin Corp. |
112,546 | 43,475,394 | ||||||
Northrop Grumman Corp. |
216,366 | 101,761,257 | ||||||
Raytheon Technologies Corp. |
847,267 | 69,357,277 | ||||||
|
|
|||||||
287,526,517 | ||||||||
|
|
|||||||
Air Freight & Logistics2.0% | ||||||||
United Parcel Service, Inc. - Class B |
365,414 | 59,028,978 | ||||||
|
|
|||||||
Banks1.3% | ||||||||
PNC Financial Services Group, Inc. (The) |
246,921 | 36,894,936 | ||||||
|
|
|||||||
Beverages7.3% | ||||||||
Coca-Cola Co. (The) |
1,274,274 | 71,384,829 | ||||||
Diageo plc |
1,355,856 | 56,831,718 | ||||||
PepsiCo, Inc. |
526,918 | 86,024,633 | ||||||
|
|
|||||||
214,241,180 | ||||||||
|
|
|||||||
Chemicals5.0% | ||||||||
Ecolab, Inc. |
487,782 | 70,445,476 | ||||||
Linde plc |
274,157 | 73,909,986 | ||||||
|
|
|||||||
144,355,462 | ||||||||
|
|
|||||||
Consumer Finance2.0% | ||||||||
American Express Co. |
425,727 | 57,434,830 | ||||||
|
|
|||||||
Equity Real Estate Investment Trusts2.7% | ||||||||
American Tower Corp. |
163,261 | 35,052,136 | ||||||
Public Storage |
147,491 | 43,186,840 | ||||||
|
|
|||||||
78,238,976 | ||||||||
|
|
|||||||
Food & Staples Retailing2.2% | ||||||||
Costco Wholesale Corp. |
135,222 | 63,861,294 | ||||||
|
|
|||||||
Health Care Equipment & Supplies7.0% | ||||||||
Baxter International, Inc. |
1,024,647 | 55,187,488 | ||||||
Medtronic plc |
782,696 | 63,202,702 | ||||||
Stryker Corp. |
426,797 | 86,443,464 | ||||||
|
|
|||||||
204,833,654 | ||||||||
|
|
|||||||
Health Care Providers & Services4.2% | ||||||||
UnitedHealth Group, Inc. |
244,798 | 123,632,782 | ||||||
|
|
|||||||
Hotels, Restaurants & Leisure2.9% | ||||||||
McDonalds Corp. |
370,043 | 85,383,722 | ||||||
|
|
|||||||
Household Products6.2% | ||||||||
Colgate-Palmolive Co. |
1,442,193 | 101,314,058 | ||||||
Procter & Gamble Co. (The) |
625,626 | 78,985,283 | ||||||
|
|
|||||||
180,299,341 | ||||||||
|
|
|||||||
Industrial Conglomerates3.1% | ||||||||
Honeywell International, Inc. |
536,700 | 89,612,799 | ||||||
|
|
|||||||
Insurance5.2% | ||||||||
Chubb, Ltd. |
394,329 | 71,720,558 | ||||||
Marsh & McLennan Cos., Inc. |
543,451 | 81,131,800 | ||||||
|
|
|||||||
152,852,358 | ||||||||
|
|
|||||||
IT Services9.1% | ||||||||
Accenture plc - Class A |
260,884 | 67,125,453 | ||||||
Automatic Data Processing, Inc. |
255,691 | 57,834,747 | ||||||
MasterCard, Inc. - Class A |
230,309 | 65,486,061 | ||||||
Visa, Inc. - Class A |
425,070 | 75,513,686 | ||||||
|
|
|||||||
265,959,947 | ||||||||
|
|
|||||||
Life Sciences Tools & Services2.2% | ||||||||
Danaher Corp. |
243,007 | 62,766,278 | ||||||
|
|
|||||||
Machinery1.0% | ||||||||
Deere & Co. |
87,490 | 29,212,036 | ||||||
|
|
|||||||
Media0.9% | ||||||||
Comcast Corp. - Class A |
869,236 | 25,494,692 | ||||||
|
|
|||||||
Pharmaceuticals5.3% | ||||||||
Johnson & Johnson |
511,032 | 83,482,188 | ||||||
Merck & Co., Inc. |
485,075 | 41,774,659 | ||||||
Pfizer, Inc. |
681,841 | 29,837,362 | ||||||
|
|
|||||||
155,094,209 | ||||||||
|
|
|||||||
Road & Rail4.4% | ||||||||
Canadian National Railway Co. |
564,107 | 60,921,187 | ||||||
Union Pacific Corp. |
353,066 | 68,784,318 | ||||||
|
|
|||||||
129,705,505 | ||||||||
|
|
|||||||
Semiconductors & Semiconductor Equipment2.4% | ||||||||
Texas Instruments, Inc. |
450,962 | 69,799,898 | ||||||
|
|
|||||||
Software2.6% | ||||||||
Microsoft Corp. |
320,321 | 74,602,761 | ||||||
|
|
|||||||
Specialty Retail6.2% | ||||||||
Home Depot, Inc. (The) |
194,595 | 53,696,544 | ||||||
TJX Cos., Inc. (The) |
2,052,575 | 127,505,959 | ||||||
|
|
|||||||
181,202,503 | ||||||||
|
|
|||||||
Textiles, Apparel & Luxury Goods2.6% | ||||||||
NIKE, Inc. - Class B |
917,396 | 76,253,955 | ||||||
|
|
|||||||
Total Common Stocks |
2,848,288,613 | |||||||
|
|
|||||||
Escrow Shares0.0% |
| |||||||
Forest Products & Paper0.0% | ||||||||
Sino-Forest Corp. (a) (b) (c) |
5,844,000 | 0 | ||||||
|
|
BHFTII-130
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Wellington Core Equity Opportunities Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Short-Term Investments2.2%
Security Description | Principal Amount* |
Value | ||||||
Repurchase Agreement1.0% | ||||||||
Fixed Income Clearing Corp. |
$ | 29,684,107 | $ | 29,684,107 | ||||
|
|
|||||||
U.S. Treasury1.2% | ||||||||
U.S. Treasury Bill |
35,910,000 | 35,678,141 | ||||||
|
|
|||||||
Total Short-Term Investments |
65,362,248 | |||||||
|
|
|||||||
Total Investments99.9% |
2,913,650,861 | |||||||
Other assets and liabilities (net)0.1% |
3,780,649 | |||||||
|
|
|||||||
Net Assets100.0% | $ | 2,917,431,510 | ||||||
|
|
* | Principal amount stated in U.S. dollars unless otherwise noted. | |||
(a) | Non-income producing security. | |||
(b) | Security was valued in good faith under procedures approved by the Board of Trustees. As of September 30, 2022, these securities represent less than 0.05% of net assets. | |||
(c) | Significant unobservable inputs were used in the valuation of this portfolio security; i.e. Level 3. | |||
(d) | The rate shown represents current yield to maturity. |
BHFTII-131
Table of Contents
Brighthouse Funds Trust II
Brighthouse/Wellington Core Equity Opportunities Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | ||||||||||||||||
Aerospace & Defense |
$ | 287,526,517 | $ | | $ | | $ | 287,526,517 | ||||||||
Air Freight & Logistics |
59,028,978 | | | 59,028,978 | ||||||||||||
Banks |
36,894,936 | | | 36,894,936 | ||||||||||||
Beverages |
157,409,462 | 56,831,718 | | 214,241,180 | ||||||||||||
Chemicals |
144,355,462 | | | 144,355,462 | ||||||||||||
Consumer Finance |
57,434,830 | | | 57,434,830 | ||||||||||||
Equity Real Estate Investment Trusts |
78,238,976 | | | 78,238,976 | ||||||||||||
Food & Staples Retailing |
63,861,294 | | | 63,861,294 | ||||||||||||
Health Care Equipment & Supplies |
204,833,654 | | | 204,833,654 | ||||||||||||
Health Care Providers & Services |
123,632,782 | | | 123,632,782 | ||||||||||||
Hotels, Restaurants & Leisure |
85,383,722 | | | 85,383,722 | ||||||||||||
Household Products |
180,299,341 | | | 180,299,341 | ||||||||||||
Industrial Conglomerates |
89,612,799 | | | 89,612,799 | ||||||||||||
Insurance |
152,852,358 | | | 152,852,358 | ||||||||||||
IT Services |
265,959,947 | | | 265,959,947 | ||||||||||||
Life Sciences Tools & Services |
62,766,278 | | | 62,766,278 | ||||||||||||
Machinery |
29,212,036 | | | 29,212,036 | ||||||||||||
Media |
25,494,692 | | | 25,494,692 | ||||||||||||
Pharmaceuticals |
155,094,209 | | | 155,094,209 | ||||||||||||
Road & Rail |
129,705,505 | | | 129,705,505 | ||||||||||||
Semiconductors & Semiconductor Equipment |
69,799,898 | | | 69,799,898 | ||||||||||||
Software |
74,602,761 | | | 74,602,761 | ||||||||||||
Specialty Retail |
181,202,503 | | | 181,202,503 | ||||||||||||
Textiles, Apparel & Luxury Goods |
76,253,955 | | | 76,253,955 | ||||||||||||
Total Common Stocks |
2,791,456,895 | 56,831,718 | | 2,848,288,613 | ||||||||||||
Total Escrow Shares* |
| | 0 | 0 | ||||||||||||
Total Short-Term Investments* |
| 65,362,248 | | 65,362,248 | ||||||||||||
Total Investments |
$ | 2,791,456,895 | $ | 122,193,966 | $ | 0 | $ | 2,913,650,861 | ||||||||
* | See Schedule of Investments for additional detailed categorizations. |
Level 3 investments at the beginning and/or end of the period in relation to net assets were not significant and accordingly, a reconciliation of Level 3 assets for the period ended September 30, 2022 is not presented.
BHFTII-132
Table of Contents
Brighthouse Funds Trust II
Frontier Mid Cap Growth Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks99.3% of Net Assets
Security Description | Shares | Value | ||||||
Airlines0.3% | ||||||||
Azul S.A. (ADR) (a) (b) |
392,123 | $ | 3,191,881 | |||||
|
|
|||||||
Auto Components0.0% | ||||||||
BorgWarner, Inc. (b) |
5,162 | 162,087 | ||||||
|
|
|||||||
Banks1.6% | ||||||||
SVB Financial Group (a) (b) |
43,732 | 14,684,331 | ||||||
|
|
|||||||
Biotechnology2.8% | ||||||||
BioMarin Pharmaceutical, Inc. (a) |
66,977 | 5,677,640 | ||||||
Exact Sciences Corp. (a) (b) |
85,767 | 2,786,570 | ||||||
Horizon Therapeutics plc (a) |
113,143 | 7,002,420 | ||||||
Moderna, Inc. (a) (b) |
32,732 | 3,870,559 | ||||||
Sarepta Therapeutics, Inc. (a) |
59,077 | 6,530,372 | ||||||
|
|
|||||||
25,867,561 | ||||||||
|
|
|||||||
Building Products1.1% | ||||||||
Builders FirstSource, Inc. (a) (b) |
181,729 | 10,707,473 | ||||||
|
|
|||||||
Capital Markets6.5% | ||||||||
KKR & Co., Inc. |
431,567 | 18,557,381 | ||||||
LPL Financial Holdings, Inc. |
106,097 | 23,180,073 | ||||||
Moodys Corp. |
21,314 | 5,181,646 | ||||||
MSCI, Inc. (b) |
33,820 | 14,264,938 | ||||||
|
|
|||||||
61,184,038 | ||||||||
|
|
|||||||
Chemicals0.9% | ||||||||
Sherwin-Williams Co. (The) |
41,012 | 8,397,207 | ||||||
|
|
|||||||
Commercial Services & Supplies4.3% | ||||||||
Cintas Corp. |
58,856 | 22,847,310 | ||||||
Waste Connections, Inc. |
128,714 | 17,393,123 | ||||||
|
|
|||||||
40,240,433 | ||||||||
|
|
|||||||
Communications Equipment1.4% | ||||||||
Arista Networks, Inc. (a) |
113,829 | 12,850,156 | ||||||
|
|
|||||||
Construction & Engineering2.5% | ||||||||
MasTec, Inc. (a) (b) |
151,247 | 9,604,184 | ||||||
Quanta Services, Inc. (b) |
111,405 | 14,191,883 | ||||||
|
|
|||||||
23,796,067 | ||||||||
|
|
|||||||
Diversified Consumer Services0.8% | ||||||||
Bright Horizons Family Solutions, Inc. (a) (b) |
134,043 | 7,727,579 | ||||||
|
|
|||||||
Diversified Financial Services0.8% | ||||||||
Apollo Global Management, Inc. (b) |
152,694 | 7,100,271 | ||||||
|
|
|||||||
Electronic Equipment, Instruments & Components1.0% | ||||||||
Amphenol Corp. - Class A |
99,563 | 6,666,738 | ||||||
Coherent Corp. (a) (b) |
81,222 | 2,830,587 | ||||||
|
|
|||||||
9,497,325 | ||||||||
|
|
|||||||
Entertainment2.3% | ||||||||
Live Nation Entertainment, Inc. (a) (b) |
229,328 | 17,438,101 | ||||||
Roku, Inc. (a) (b) |
73,975 | 4,172,190 | ||||||
|
|
|||||||
21,610,291 | ||||||||
|
|
|||||||
Health Care Equipment & Supplies8.6% | ||||||||
Alcon, Inc. |
146,403 | 8,517,727 | ||||||
Align Technology, Inc. (a) |
24,347 | 5,042,507 | ||||||
DexCom, Inc. (a) |
138,399 | 11,146,655 | ||||||
Edwards Lifesciences Corp. (a) |
51,291 | 4,238,175 | ||||||
Hologic, Inc. (a) (b) |
157,508 | 10,162,416 | ||||||
IDEXX Laboratories, Inc. (a) |
27,171 | 8,852,312 | ||||||
Inspire Medical Systems, Inc. (a) |
27,620 | 4,898,959 | ||||||
Insulet Corp. (a) (b) |
46,911 | 10,761,383 | ||||||
Novocure, Ltd. (a) (b) |
55,220 | 4,195,616 | ||||||
ResMed, Inc. (b) |
16,015 | 3,496,075 | ||||||
Teleflex, Inc. (b) |
48,600 | 9,790,956 | ||||||
|
|
|||||||
81,102,781 | ||||||||
|
|
|||||||
Health Care Providers & Services6.3% | ||||||||
Amedisys, Inc. (a) (b) |
86,649 | 8,386,757 | ||||||
Humana, Inc. |
36,241 | 17,583,771 | ||||||
Molina Healthcare, Inc. (a) |
41,855 | 13,805,453 | ||||||
Signify Health, Inc. - Class A (a) |
656,582 | 19,139,365 | ||||||
|
|
|||||||
58,915,346 | ||||||||
|
|
|||||||
Health Care Technology1.4% | ||||||||
Veeva Systems, Inc. - Class A (a) |
82,694 | 13,634,587 | ||||||
|
|
|||||||
Hotels, Restaurants & Leisure5.2% | ||||||||
Caesars Entertainment, Inc. (a) (b) |
461,565 | 14,890,087 | ||||||
Chipotle Mexican Grill, Inc. (a) |
7,403 | 11,124,932 | ||||||
Darden Restaurants, Inc. (b) |
63,391 | 8,007,551 | ||||||
Planet Fitness, Inc. - Class A (a) (b) |
250,800 | 14,461,128 | ||||||
|
|
|||||||
48,483,698 | ||||||||
|
|
|||||||
Insurance3.5% | ||||||||
Aon plc - Class A |
123,560 | 33,098,017 | ||||||
|
|
|||||||
Internet & Direct Marketing Retail0.5% | ||||||||
Chewy, Inc. - Class A (a) (b) |
138,969 | 4,269,128 | ||||||
|
|
|||||||
IT Services7.5% | ||||||||
Block, Inc. (a) |
144,778 | 7,961,342 | ||||||
Dlocal, Ltd. (a) (b) |
353,347 | 7,250,680 | ||||||
EPAM Systems, Inc. (a) |
59,910 | 21,698,803 | ||||||
Genpact, Ltd. |
324,409 | 14,199,382 | ||||||
Global Payments, Inc. |
124,073 | 13,406,088 | ||||||
Okta, Inc. (a) |
100,282 | 5,703,037 | ||||||
|
|
|||||||
70,219,332 | ||||||||
|
|
|||||||
Leisure Products3.6% | ||||||||
Mattel, Inc. (a) (b) |
1,785,974 | 33,826,348 | ||||||
|
|
|||||||
Life Sciences Tools & Services2.1% | ||||||||
Agilent Technologies, Inc. |
139,584 | 16,966,435 |
BHFTII-133
Table of Contents
Brighthouse Funds Trust II
Frontier Mid Cap Growth Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares |
Value | ||||||
Life Sciences Tools & Services(Continued) | ||||||||
Illumina, Inc. (a) (b) |
13,227 | $ | 2,523,580 | |||||
|
|
|||||||
19,490,015 | ||||||||
|
|
|||||||
Media0.5% | ||||||||
Trade Desk, Inc. (The) - Class A (a) (b) |
84,301 | 5,036,985 | ||||||
|
|
|||||||
Multiline Retail1.7% | ||||||||
Dollar General Corp. |
67,214 | 16,121,950 | ||||||
|
|
|||||||
Oil, Gas & Consumable Fuels4.4% | ||||||||
Coterra Energy, Inc. (b) |
1,265,678 | 33,059,510 | ||||||
SM Energy Co. (b) |
218,974 | 8,235,612 | ||||||
|
|
|||||||
41,295,122 | ||||||||
|
|
|||||||
Professional Services3.0% | ||||||||
Equifax, Inc. (b) |
28,200 | 4,834,326 | ||||||
KBR, Inc. (b) |
367,024 | 15,862,777 | ||||||
TransUnion |
120,789 | 7,185,738 | ||||||
|
|
|||||||
27,882,841 | ||||||||
|
|
|||||||
Road & Rail1.7% | ||||||||
Knight-Swift Transportation Holdings, Inc. (b) |
174,631 | 8,544,695 | ||||||
Lyft, Inc. - Class A (a) (b) |
259,882 | 3,422,646 | ||||||
XPO Logistics, Inc. (a) (b) |
90,645 | 4,035,515 | ||||||
|
|
|||||||
16,002,856 | ||||||||
|
|
|||||||
Semiconductors & Semiconductor Equipment7.6% | ||||||||
KLA Corp. (b) |
42,981 | 13,007,340 | ||||||
Lam Research Corp. |
8,057 | 2,948,862 | ||||||
Marvell Technology, Inc. |
249,364 | 10,700,209 | ||||||
Microchip Technology, Inc. |
252,904 | 15,434,731 | ||||||
Monolithic Power Systems, Inc. |
18,036 | 6,554,282 | ||||||
SiTime Corp. (a) |
35,752 | 2,814,755 | ||||||
Wolfspeed, Inc. (a) (b) |
191,335 | 19,776,386 | ||||||
|
|
|||||||
71,236,565 | ||||||||
|
|
|||||||
Software10.3% | ||||||||
Atlassian Corp. plc - Class A (a) |
37,417 | 7,879,646 | ||||||
Autodesk, Inc. (a) |
28,514 | 5,326,415 | ||||||
Bill.com Holdings, Inc. (a) (b) |
48,198 | 6,379,969 | ||||||
Fair Isaac Corp. (a) (b) |
40,152 | 16,543,026 | ||||||
HubSpot, Inc. (a) |
25,299 | 6,833,766 | ||||||
Palo Alto Networks, Inc. (a) (b) |
185,944 | 30,455,768 | ||||||
Paycom Software, Inc. (a) (b) |
61,919 | 20,432,651 | ||||||
Workday, Inc. - Class A (a) |
18,028 | 2,744,222 | ||||||
|
|
|||||||
96,595,463 | ||||||||
|
|
|||||||
Specialty Retail5.1% | ||||||||
Advance Auto Parts, Inc. (b) |
63,711 | 9,960,578 | ||||||
Burlington Stores, Inc. (a) (b) |
47,074 | 5,267,110 | ||||||
Carvana Co. (a) (b) |
30,582 | 620,815 | ||||||
Floor & Decor Holdings, Inc. - Class A (a) (b) |
61,274 | 4,305,111 | ||||||
Specialty Retail(Continued) | ||||||||
Leslies, Inc. (a) (b) |
612,512 | 9,010,051 | ||||||
OReilly Automotive, Inc. (a) |
14,865 | 10,455,298 | ||||||
Ross Stores, Inc. |
103,223 | 8,698,602 | ||||||
|
|
|||||||
48,317,565 | ||||||||
|
|
|||||||
Total Common Stocks |
932,545,299 | |||||||
|
|
|||||||
Short-Term Investment1.1% | ||||||||
Repurchase Agreement1.1% | ||||||||
Fixed Income Clearing Corp. Repurchase Agreement dated 09/30/22 at 1.100%, due on 10/03/22 with a maturity value of $10,555,968; collateralized by U.S. Treasury Note at 0.375%, maturing 07/15/23, with a market value of $10,766,161. |
10,555,000 | 10,555,000 | ||||||
|
|
|||||||
Total Short-Term Investments |
10,555,000 | |||||||
|
|
|||||||
Securities Lending Reinvestments (c)26.5% |
| |||||||
Certificates of Deposit14.5% | ||||||||
Bank of Montreal (Chicago) |
||||||||
3.540%, FEDEFF PRV + 0.460%, 03/02/23 (d) |
5,000,000 | 5,000,000 | ||||||
Bank of Nova Scotia |
||||||||
3.470%, SOFR + 0.510%, 03/15/23 (d) |
7,000,000 | 7,000,000 | ||||||
3.640%, SOFR + 0.680%, 08/16/23 (d) |
1,000,000 | 1,001,338 | ||||||
Barclays Bank plc |
||||||||
3.290%, SOFR + 0.330%, 10/20/22 (d) |
2,000,000 | 2,000,110 | ||||||
3.350%, SOFR + 0.370%, 03/21/23 (d) |
10,000,000 | 9,996,680 | ||||||
BNP Paribas S.A. |
||||||||
3.180%, SOFR + 0.220%, 11/17/22 (d) |
4,000,000 | 3,999,520 | ||||||
3.470%, SOFR + 0.510%, 03/15/23 (d) |
4,000,000 | 4,001,272 | ||||||
Canadian Imperial Bank of Commerce (NY) |
||||||||
3.210%, SOFR + 0.250%, 02/03/23 (d) |
6,000,000 | 5,999,449 | ||||||
3.460%, SOFR + 0.500%, 03/03/23 (d) |
6,000,000 | 6,004,299 | ||||||
Citibank N.A. |
||||||||
3.360%, SOFR + 0.380%, 03/27/23 (d) |
5,000,000 | 4,999,260 | ||||||
Commonwealth Bank of Australia |
||||||||
3.340%, SOFR + 0.380%, 03/30/23 (d) |
2,000,000 | 2,000,000 | ||||||
3.360%, SOFR + 0.400%, 11/25/22 (d) |
3,000,000 | 3,000,789 | ||||||
Cooperatieve Rabobank UA |
||||||||
3.350%, SOFR + 0.370%, 03/20/23 (d) |
5,000,000 | 5,000,000 | ||||||
Credit Agricole Corp. & Investment Bank (NY) |
||||||||
3.690%, 12/21/22 |
5,000,000 | 5,000,790 | ||||||
Credit Industriel et Commercial |
||||||||
3.390%, SOFR + 0.430%, 01/06/23 (d) |
5,000,000 | 5,002,295 | ||||||
Credit Suisse (NY) |
||||||||
3.370%, FEDEFF PRV + 0.290%, 10/12/22 (d) |
2,000,000 | 2,000,052 | ||||||
Mitsubishi UFJ Trust and Banking Corp. |
||||||||
3.520%, SOFR + 0.560%, 02/14/23 (d) |
6,000,000 | 6,005,370 | ||||||
Mizuho Bank, Ltd. |
||||||||
3.300%, SOFR + 0.320%, 10/26/22 (d) |
5,000,000 | 5,000,000 | ||||||
3.310%, SOFR + 0.330%, 10/11/22 (d) |
2,000,000 | 1,999,812 |
BHFTII-134
Table of Contents
Brighthouse Funds Trust II
Frontier Mid Cap Growth Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Securities Lending Reinvestments (c)(Continued)
Security Description | Principal Amount* |
Value | ||||||
Certificates of Deposit(Continued) | ||||||||
Natixis S.A. |
||||||||
3.410%, SOFR + 0.450%, 06/21/23 (d) |
2,000,000 | $ | 1,999,895 | |||||
Nordea Bank Abp (NY) |
||||||||
3.510%, SOFR + 0.550%, 02/21/23 (d) |
2,000,000 | 2,002,140 | ||||||
Norinchukin Bank |
||||||||
3.250%, SOFR + 0.270%, 11/21/22 (d) |
1,000,000 | 1,000,057 | ||||||
Oversea-Chinese Banking Corp., Ltd. |
||||||||
3.410%, SOFR + 0.430%, 12/06/22 (d) |
4,000,000 | 4,001,384 | ||||||
Royal Bank of Canada |
||||||||
3.210%, SOFR + 0.250%, 01/11/23 (d) |
5,000,000 | 5,000,595 | ||||||
Standard Chartered Bank (NY) |
||||||||
3.480%, FEDEFF PRV + 0.400%, 12/23/22 (d) |
2,000,000 | 2,000,508 | ||||||
3.610%, FEDEFF PRV + 0.530%, 01/17/23 (d) |
2,000,000 | 2,001,262 | ||||||
Sumitomo Mitsui Banking Corp. |
||||||||
3.370%, SOFR + 0.410%, 03/06/23 (d) |
4,000,000 | 4,000,888 | ||||||
Sumitomo Mitsui Trust Bank, Ltd. |
||||||||
Zero Coupon, 12/14/22 |
2,000,000 | 1,985,300 | ||||||
3.410%, SOFR + 0.450%, 02/24/23 (d) |
5,000,000 | 5,004,195 | ||||||
3.500%, SOFR + 0.540%, 01/10/23 (d) |
2,000,000 | 2,001,936 | ||||||
Svenska Handelsbanken AB |
||||||||
3.330%, SOFR + 0.350%, 10/13/22 (d) |
6,000,000 | 6,000,342 | ||||||
Toronto-Dominion Bank (The) |
||||||||
3.230%, SOFR + 0.250%, 02/09/23 (d) |
3,000,000 | 2,999,809 | ||||||
3.570%, FEDEFF PRV + 0.490%, 12/23/22 (d) |
5,000,000 | 5,002,300 | ||||||
Westpac Banking Corp. |
||||||||
3.190%, SOFR + 0.230%, 02/17/23 (d) |
5,000,000 | 4,998,450 | ||||||
3.510%, SOFR + 0.550%, 02/22/23 (d) |
1,000,000 | 1,000,958 | ||||||
|
|
|||||||
136,011,055 | ||||||||
|
|
|||||||
Commercial Paper0.8% | ||||||||
Macquarie Bank Ltd. |
||||||||
3.560%, SOFR + 0.580%, 02/03/23 (d) |
4,000,000 | 4,003,752 | ||||||
Skandinaviska Enskilda Banken AB |
||||||||
3.370%, SOFR + 0.390%, 11/03/22 (d) |
4,000,000 | 4,000,640 | ||||||
|
|
|||||||
8,004,392 | ||||||||
|
|
|||||||
Repurchase Agreements6.6% | ||||||||
National Bank Financial, Inc. |
1,096,866 | 1,096,866 | ||||||
National Bank of Canada |
||||||||
Repurchase Agreement dated 09/30/22 at 3.070%, due on 10/07/22 with a maturity value of $9,305,552; collateralized by U.S. Treasury Obligations with rates ranging from 0.500% - 3.875%, maturity dates ranging from 05/31/23 - 05/15/32, and an aggregate market value of $9,509,722. |
9,300,000 | 9,300,000 | ||||||
Repurchase Agreements(Continued) | ||||||||
National Bank of Canada |
||||||||
Repurchase Agreement dated 09/30/22 at 3.200%, due on 10/07/22 with a maturity value of $25,215,680; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 5.500%, maturity dates ranging from 11/03/22 - 02/15/52, and various Common Stock with an aggregate market value of $27,620,462. |
25,200,000 | 25,200,000 | ||||||
Natixis S.A. (New York) |
18,875,953 | 18,875,953 | ||||||
NBC Global Finance, Ltd. |
2,200,000 | 2,200,000 | ||||||
Societe Generale |
||||||||
Repurchase Agreement dated 09/30/22 at 3.070%, due on 10/03/22 with a maturity value of $2,100,537; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 1.125%, maturity dates ranging from 03/09/23 - 05/15/40, and various Common Stock with an aggregate market value of $2,333,235. |
2,100,000 | 2,100,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.160%, due on 10/03/22 with a maturity value of $1,000,263; collateralized by various Common Stock with an aggregate market value of $1,112,451. |
1,000,000 | 1,000,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.170%, due on 10/07/22 with a maturity value of $2,001,233; collateralized by various Common Stock with an aggregate market value of $2,224,902. |
2,000,000 | 2,000,000 | ||||||
|
|
|||||||
61,772,819 | ||||||||
|
|
|||||||
Time Deposit1.3% | ||||||||
National Bank of Canada |
||||||||
3.120%, OBFR + 0.050%, 10/07/22 (d) |
12,000,000 | 12,000,000 | ||||||
|
|
|||||||
Mutual Funds3.3% | ||||||||
AB Government Money Market Portfolio, Institutional Class |
1,000,000 | 1,000,000 | ||||||
Dreyfus Treasury Obligations Cash Management Fund, Institutional Class |
5,000,000 | 5,000,000 | ||||||
HSBC U.S. Government Money Market Fund, Class I |
15,000,000 | 15,000,000 | ||||||
Morgan Stanley Liquidity Funds Government Portfolio, Institutional Shares |
5,000,000 | 5,000,000 |
BHFTII-135
Table of Contents
Brighthouse Funds Trust II
Frontier Mid Cap Growth Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Securities Lending Reinvestments (c)(Continued)
Security Description | Shares | Value | ||||||
Mutual Funds(Continued) | ||||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class |
5,000,000 | $ | 5,000,000 | |||||
|
|
|||||||
31,000,000 | ||||||||
|
|
|||||||
Total Securities Lending Reinvestments |
248,788,266 | |||||||
|
|
|||||||
Total Investments126.9% |
1,191,888,565 | |||||||
Other assets and liabilities (net)(26.9)% |
(252,683,306 | ) | ||||||
|
|
|||||||
Net Assets100.0% | $ | 939,205,259 | ||||||
|
|
* | Principal amount stated in U.S. dollars unless otherwise noted. | |||
(a) | Non-income producing security. | |||
(b) | All or a portion of the security was held on loan. As of September 30, 2022, the market value of securities loaned was $241,917,741 and the collateral received consisted of cash in the amount of $248,755,710 and non-cash collateral with a value of $2,322,573. The cash collateral investments are disclosed in the Schedule of Investments and categorized as Securities Lending Reinvestments. The non-cash collateral received consists of U.S. government securities that are held in safe-keeping by the lending agent, or a third-party custodian, and cannot be sold or repledged by the Portfolio. | |||
(c) | Represents investment of cash collateral received from securities on loan as of September 30, 2022. | |||
(d) | Variable or floating rate security. The stated rate represents the rate at September 30, 2022. Maturity date shown for callable securities reflects the earliest possible call date. For securities based on a published reference index and spread, the index and spread are indicated in the description above. For certain variable rate securities, the coupon rate is determined by the issuer/agent based on current market conditions. For certain asset- and mortgage-backed securities, the coupon rate may fluctuate based on changes of the underlying collateral or prepayments of principal. These securities do not indicate a reference index and spread in their description above. | |||
(e) | The rate shown represents the annualized seven-day yield as of September 30, 2022. |
Glossary of Abbreviations
Index Abbreviations
(FEDEFF PRV) | Effective Federal Funds Rate | |||
(OBFR) | U.S. Overnight Bank Funding Rate | |||
(SOFR) | Secured Overnight Financing Rate |
Other Abbreviations
(ADR) | American Depositary Receipt |
BHFTII-136
Table of Contents
Brighthouse Funds Trust II
Frontier Mid Cap Growth Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Total Common Stocks* |
$ | 932,545,299 | $ | | $ | | $ | 932,545,299 | ||||||||
Total Short-Term Investment* |
| 10,555,000 | | 10,555,000 | ||||||||||||
Securities Lending Reinvestments | ||||||||||||||||
Certificates of Deposit |
| 136,011,055 | | 136,011,055 | ||||||||||||
Commercial Paper |
| 8,004,392 | | 8,004,392 | ||||||||||||
Repurchase Agreements |
| 61,772,819 | | 61,772,819 | ||||||||||||
Time Deposit |
| 12,000,000 | | 12,000,000 | ||||||||||||
Mutual Funds |
31,000,000 | | | 31,000,000 | ||||||||||||
Total Securities Lending Reinvestments |
31,000,000 | 217,788,266 | | 248,788,266 | ||||||||||||
Total Investments |
$ | 963,545,299 | $ | 228,343,266 | $ | | $ | 1,191,888,565 | ||||||||
Collateral for Securities Loaned (Liability) |
$ | | $ | (248,755,710 | ) | $ | | $ | (248,755,710 | ) |
* | See Schedule of Investments for additional detailed categorizations. |
BHFTII-137
Table of Contents
Brighthouse Funds Trust II
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks99.0% of Net Assets
Security Description | Shares | Value | ||||||
Aerospace & Defense0.7% | ||||||||
Northrop Grumman Corp. (a) |
29,721 | $ | 13,978,381 | |||||
|
|
|||||||
Automobiles10.2% | ||||||||
Tesla, Inc. (a) (b) |
823,917 | 218,543,984 | ||||||
|
|
|||||||
Biotechnology1.3% | ||||||||
Vertex Pharmaceuticals, Inc. (b) |
98,984 | 28,659,827 | ||||||
|
|
|||||||
Capital Markets1.5% | ||||||||
Goldman Sachs Group, Inc. (The) |
49,554 | 14,521,800 | ||||||
KKR & Co., Inc. |
149,101 | 6,411,343 | ||||||
S&P Global, Inc. |
36,791 | 11,234,132 | ||||||
|
|
|||||||
32,167,275 | ||||||||
|
|
|||||||
Energy Equipment & Services0.9% | ||||||||
Schlumberger NV |
504,452 | 18,109,827 | ||||||
|
|
|||||||
Entertainment2.4% | ||||||||
Netflix, Inc. (b) |
146,374 | 34,462,294 | ||||||
ROBLOX Corp. - Class A (a) (b) |
239,964 | 8,600,310 | ||||||
Spotify Technology S.A. (b) |
97,932 | 8,451,532 | ||||||
|
|
|||||||
51,514,136 | ||||||||
|
|
|||||||
Equity Real Estate Investment Trusts1.4% | ||||||||
American Tower Corp. |
141,545 | 30,389,712 | ||||||
|
|
|||||||
Food & Staples Retailing2.9% | ||||||||
Costco Wholesale Corp. |
132,676 | 62,658,895 | ||||||
|
|
|||||||
Health Care Equipment & Supplies3.2% | ||||||||
Abbott Laboratories |
269,887 | 26,114,266 | ||||||
DexCom, Inc. (a) (b) |
269,434 | 21,700,214 | ||||||
Intuitive Surgical, Inc. (b) |
109,786 | 20,578,288 | ||||||
|
|
|||||||
68,392,768 | ||||||||
|
|
|||||||
Health Care Providers & Services2.7% | ||||||||
UnitedHealth Group, Inc. |
114,296 | 57,724,052 | ||||||
|
|
|||||||
Hotels, Restaurants & Leisure3.8% | ||||||||
Airbnb, Inc. - Class A (a) (b) |
241,619 | 25,379,660 | ||||||
Chipotle Mexican Grill, Inc. (b) |
27,334 | 41,076,442 | ||||||
Marriott International, Inc. - Class A |
109,267 | 15,312,677 | ||||||
|
|
|||||||
81,768,779 | ||||||||
|
|
|||||||
Interactive Media & Services7.0% | ||||||||
Alphabet, Inc. - Class A (b) |
690,700 | 66,065,455 | ||||||
Alphabet, Inc. - Class C (b) |
668,060 | 64,233,969 | ||||||
Meta Platforms, Inc. - Class A (b) |
146,459 | 19,871,557 | ||||||
|
|
|||||||
150,170,981 | ||||||||
|
|
|||||||
Internet & Direct Marketing Retail8.4% | ||||||||
Amazon.com, Inc. (b) |
1,267,980 | 143,281,740 | ||||||
MercadoLibre, Inc. (a) (b) |
45,075 | 37,312,183 | ||||||
|
|
|||||||
180,593,923 | ||||||||
|
|
|||||||
IT Services7.5% | ||||||||
Adyen NV (b) |
17,681 | $ | 21,996,018 | |||||
MasterCard, Inc. - Class A |
172,830 | 49,142,482 | ||||||
Snowflake, Inc. - Class A (a) (b) |
118,555 | 20,149,608 | ||||||
Visa, Inc. - Class A (a) |
391,114 | 69,481,402 | ||||||
|
|
|||||||
160,769,510 | ||||||||
|
|
|||||||
Life Sciences Tools & Services2.1% | ||||||||
Danaher Corp. |
171,025 | 44,174,047 | ||||||
|
|
|||||||
Media1.1% | ||||||||
Trade Desk, Inc. (The) - Class A (a) (b) |
378,457 | 22,612,806 | ||||||
|
|
|||||||
Multiline Retail0.5% | ||||||||
Target Corp. (a) |
76,526 | 11,355,693 | ||||||
|
|
|||||||
Personal Products1.6% | ||||||||
Estee Lauder Cos., Inc. (The) - Class A |
156,933 | 33,881,835 | ||||||
|
|
|||||||
Pharmaceuticals4.3% | ||||||||
Eli Lilly and Co. |
201,042 | 65,006,931 | ||||||
Novo Nordisk A/S (ADR) |
269,540 | 26,854,270 | ||||||
|
|
|||||||
91,861,201 | ||||||||
|
|
|||||||
Road & Rail1.9% | ||||||||
Uber Technologies, Inc. (b) |
1,534,251 | 40,657,651 | ||||||
|
|
|||||||
Semiconductors & Semiconductor Equipment3.9% | ||||||||
Broadcom, Inc. |
56,383 | 25,034,616 | ||||||
NVIDIA Corp. |
472,991 | 57,416,377 | ||||||
|
|
|||||||
82,450,993 | ||||||||
|
|
|||||||
Software14.1% | ||||||||
Adobe, Inc. (b) |
156,203 | 42,987,066 | ||||||
Atlassian Corp. plc - Class A (b) |
171,719 | 36,162,304 | ||||||
Crowdstrike Holdings, Inc. - Class A (a) (b) |
244,883 | 40,359,167 | ||||||
Microsoft Corp. |
541,598 | 126,138,174 | ||||||
Salesforce, Inc. (b) |
385,746 | 55,485,705 | ||||||
|
|
|||||||
301,132,416 | ||||||||
|
|
|||||||
Specialty Retail3.2% | ||||||||
Home Depot, Inc. (The) |
106,766 | 29,461,010 | ||||||
OReilly Automotive, Inc. (b) |
22,714 | 15,975,892 | ||||||
TJX Cos., Inc. (The) |
361,551 | 22,459,548 | ||||||
|
|
|||||||
67,896,450 | ||||||||
|
|
|||||||
Technology Hardware, Storage & Peripherals7.7% | ||||||||
Apple, Inc. |
1,184,118 | 163,645,108 | ||||||
|
|
|||||||
Textiles, Apparel & Luxury Goods4.3% | ||||||||
Lululemon Athletica, Inc. (b) |
95,155 | 26,601,532 | ||||||
LVMH Moet Hennessy Louis Vuitton SE |
90,449 | 53,169,092 | ||||||
NIKE, Inc. - Class B |
153,371 | 12,748,197 | ||||||
|
|
|||||||
92,518,821 | ||||||||
|
|
BHFTII-138
Table of Contents
Brighthouse Funds Trust II
Jennison Growth Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares/ Principal Amount* |
Value | ||||||
Wireless Telecommunication Services0.4% | ||||||||
T-Mobile U.S., Inc. (b) |
70,772 | $ | 9,495,479 | |||||
|
|
|||||||
Total Common Stocks |
2,117,124,550 | |||||||
|
|
|||||||
Preferred Stock0.5% |
| |||||||
Automobiles0.5% | ||||||||
Porsche Automobile Holding SE |
137,718 | 11,135,070 | ||||||
|
|
|||||||
Short-Term Investment1.5% |
| |||||||
Repurchase Agreement1.5% | ||||||||
Fixed Income Clearing Corp. |
32,210,368 | 32,210,368 | ||||||
|
|
|||||||
Total Short-Term Investments |
32,210,368 | |||||||
|
|
|||||||
Securities Lending Reinvestments (c)9.3% |
| |||||||
Certificates of Deposit5.3% | ||||||||
Bank of Montreal (Chicago) |
5,000,000 | 5,000,000 | ||||||
Bank of Nova Scotia |
2,000,000 | 1,999,080 | ||||||
3.460%, FEDEFF PRV + 0.380%, 01/06/23 (d) |
5,000,000 | 5,001,429 | ||||||
3.470%, SOFR + 0.510%, 03/15/23 (d) |
4,000,000 | 4,000,000 | ||||||
3.520%, FEDEFF PRV + 0.440%, 01/09/23 (d) |
2,000,000 | 2,000,913 | ||||||
Barclays Bank plc |
2,000,000 | 2,000,110 | ||||||
3.350%, SOFR + 0.370%, 03/21/23 (d) |
5,000,000 | 4,998,340 | ||||||
BNP Paribas S.A. |
4,000,000 | 3,999,520 | ||||||
3.470%, SOFR + 0.510%, 03/15/23 (d) |
4,000,000 | 4,001,272 | ||||||
Canadian Imperial Bank of Commerce (NY) |
5,000,000 | 4,999,541 | ||||||
3.460%, SOFR + 0.500%, 03/03/23 (d) |
6,000,000 | 6,004,299 | ||||||
Citibank N.A. |
4,000,000 | 3,999,408 | ||||||
Cooperatieve Rabobank UA |
3,000,000 | 3,000,000 | ||||||
Credit Agricole Corp. & Investment Bank (NY) |
3,000,000 | 3,000,474 | ||||||
Credit Industriel et Commercial |
4,000,000 | 4,001,836 | ||||||
Mizuho Bank, Ltd. |
2,000,000 | 1,999,812 | ||||||
Certificates of Deposit(Continued) | ||||||||
National Australia Bank, Ltd. |
2,000,000 | 2,000,000 | ||||||
Natixis S.A. (New York) |
3,000,000 | 3,001,338 | ||||||
3.460%, SOFR + 0.500%, 02/13/23 (d) |
6,000,000 | 6,004,757 | ||||||
Nordea Bank Abp (NY) |
2,000,000 | 2,001,334 | ||||||
Norinchukin Bank |
2,000,000 | 2,000,114 | ||||||
Oversea-Chinese Banking Corp., Ltd. |
5,000,000 | 5,001,730 | ||||||
Royal Bank of Canada |
2,000,000 | 2,001,958 | ||||||
Standard Chartered Bank (NY) |
4,000,000 | 4,001,016 | ||||||
Sumitomo Mitsui Banking Corp. |
4,000,000 | 4,000,912 | ||||||
Sumitomo Mitsui Trust Bank, Ltd. |
4,000,000 | 4,003,872 | ||||||
Svenska Handelsbanken AB |
3,000,000 | 3,003,996 | ||||||
Toronto-Dominion Bank (The) |
3,000,000 | 2,999,809 | ||||||
3.570%, FEDEFF PRV + 0.490%, 12/23/22 (d) |
5,000,000 | 5,002,300 | ||||||
Westpac Banking Corp. |
7,000,000 | 6,997,830 | ||||||
3.510%, SOFR + 0.550%, 02/22/23 (d) |
2,000,000 | 2,001,916 | ||||||
|
|
|||||||
114,028,916 | ||||||||
|
|
|||||||
Commercial Paper0.2% | ||||||||
Skandinaviska Enskilda Banken AB |
5,000,000 | 5,000,800 | ||||||
|
|
|||||||
Repurchase Agreements2.2% | ||||||||
National Bank of Canada |
| |||||||
Repurchase Agreement dated 09/30/22 at 3.070%, due on 10/07/22 with a maturity value of $15,309,133; collateralized by U.S. Treasury Obligations with rates ranging from 0.500% - 3.875%, maturity dates ranging from 05/31/23 - 05/15/32, and an aggregate market value of $15,645,027. |
15,300,000 | 15,300,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.200%, due on 10/07/22 with a maturity value of $1,000,622; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 5.500%, maturity dates ranging from 11/03/22 - 02/15/52, and various Common Stock with an aggregate market value of $1,096,050. |
1,000,000 | 1,000,000 | ||||||
Natixis S.A. (New York) |
14,180,236 | 14,180,236 |
BHFTII-139
Table of Contents
Brighthouse Funds Trust II
Jennison Growth Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Securities Lending Reinvestments (c)(Continued)
Security Description | Principal Amount* |
Value | ||||||
Repurchase Agreements(Continued) | ||||||||
NBC Global Finance, Ltd. |
3,200,000 | $ | 3,200,000 | |||||
Royal Bank of Canada Toronto |
5,000,000 | 5,000,000 | ||||||
Societe Generale |
| |||||||
Repurchase Agreement dated 09/30/22 at 3.000%, due on 10/03/22 with a maturity value of $2,200,550; collateralized by U.S. Treasury Obligations with rates ranging from 0.125% - 3.875%, maturity dates ranging from 10/31/22 - 08/15/40, and an aggregate market value of $2,245,496. |
2,200,000 | 2,200,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.070%, due on 10/03/22 with a maturity value of $1,200,307; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 1.125%, maturity dates ranging from 03/09/23 - 05/15/40, and various Common Stock with an aggregate market value of $1,333,277. |
1,200,000 | 1,200,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.170%, due on 10/07/22 with a maturity value of $2,001,233; collateralized by various Common Stock with an aggregate market value of $2,224,902. |
2,000,000 | 2,000,000 | ||||||
TD Prime Services LLC |
1,641,030 | 1,641,030 | ||||||
|
|
|||||||
45,721,266 | ||||||||
|
|
|||||||
Time Deposit0.3% | ||||||||
National Bank of Canada |
7,000,000 | 7,000,000 | ||||||
|
|
|||||||
Mutual Funds1.3% | ||||||||
Dreyfus Treasury Obligations Cash Management Fund, Institutional Class |
3,000,000 | 3,000,000 | ||||||
Goldman Sachs Financial Square Government Fund, Institutional Shares |
5,000,000 | 5,000,000 | ||||||
HSBC U.S. Government Money Market Fund, Class I 2.940% (e) |
10,000,000 | 10,000,000 | ||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class |
5,000,000 | 5,000,000 | ||||||
STIT-Government & Agency Portfolio, Institutional Class 2.880% (e) |
5,000,000 | 5,000,000 | ||||||
|
|
|||||||
28,000,000 | ||||||||
|
|
|||||||
Total Securities Lending Reinvestments |
199,750,982 | |||||||
|
|
|||||||
Total Investments110.3% |
2,360,220,970 | |||||||
Other assets and liabilities (net)(10.3)% |
(220,299,534 | ) | ||||||
|
|
|||||||
Net Assets100.0% | $ | 2,139,921,436 | ||||||
|
|
* | Principal amount stated in U.S. dollars unless otherwise noted. | |||
(a) | All or a portion of the security was held on loan. As of September 30, 2022, the market value of securities loaned was $193,343,754 and the collateral received consisted of cash in the amount of $199,721,266. The cash collateral investments are disclosed in the Schedule of Investments and categorized as Securities Lending Reinvestments. | |||
(b) | Non-income producing security. | |||
(c) | Represents investment of cash collateral received from securities on loan as of September 30, 2022. | |||
(d) | Variable or floating rate security. The stated rate represents the rate at September 30, 2022. Maturity date shown for callable securities reflects the earliest possible call date. For securities based on a published reference index and spread, the index and spread are indicated in the description above. For certain variable rate securities, the coupon rate is determined by the issuer/agent based on current market conditions. For certain asset- and mortgage-backed securities, the coupon rate may fluctuate based on changes of the underlying collateral or prepayments of principal. These securities do not indicate a reference index and spread in their description above. | |||
(e) | The rate shown represents the annualized seven-day yield as of September 30, 2022. |
Glossary of Abbreviations
Index Abbreviations
(FEDEFF PRV) | Effective Federal Funds Rate | |||
(OBFR) | U.S. Overnight Bank Funding Rate | |||
(SOFR) | Secured Overnight Financing Rate |
Other Abbreviations
(ADR) |
American Depositary Receipt |
BHFTII-140
Table of Contents
Brighthouse Funds Trust II
Jennison Growth Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | ||||||||||||||||
Aerospace & Defense |
$ | 13,978,381 | $ | | $ | | $ | 13,978,381 | ||||||||
Automobiles |
218,543,984 | | | 218,543,984 | ||||||||||||
Biotechnology |
28,659,827 | | | 28,659,827 | ||||||||||||
Capital Markets |
32,167,275 | | | 32,167,275 | ||||||||||||
Energy Equipment & Services |
18,109,827 | | | 18,109,827 | ||||||||||||
Entertainment |
51,514,136 | | | 51,514,136 | ||||||||||||
Equity Real Estate Investment Trusts |
30,389,712 | | | 30,389,712 | ||||||||||||
Food & Staples Retailing |
62,658,895 | | | 62,658,895 | ||||||||||||
Health Care Equipment & Supplies |
68,392,768 | | | 68,392,768 | ||||||||||||
Health Care Providers & Services |
57,724,052 | | | 57,724,052 | ||||||||||||
Hotels, Restaurants & Leisure |
81,768,779 | | | 81,768,779 | ||||||||||||
Interactive Media & Services |
150,170,981 | | | 150,170,981 | ||||||||||||
Internet & Direct Marketing Retail |
180,593,923 | | | 180,593,923 | ||||||||||||
IT Services |
138,773,492 | 21,996,018 | | 160,769,510 | ||||||||||||
Life Sciences Tools & Services |
44,174,047 | | | 44,174,047 | ||||||||||||
Multiline Retail |
11,355,693 | | | 11,355,693 | ||||||||||||
Personal Products |
33,881,835 | | | 33,881,835 | ||||||||||||
Pharmaceuticals |
91,861,201 | | | 91,861,201 | ||||||||||||
Road & Rail |
40,657,651 | | | 40,657,651 | ||||||||||||
Semiconductors & Semiconductor Equipment |
82,450,993 | | | 82,450,993 | ||||||||||||
Software |
323,745,222 | | | 323,745,222 | ||||||||||||
Specialty Retail |
67,896,450 | | | 67,896,450 | ||||||||||||
Technology Hardware, Storage & Peripherals |
163,645,108 | | | 163,645,108 | ||||||||||||
Textiles, Apparel & Luxury Goods |
39,349,729 | 53,169,092 | | 92,518,821 | ||||||||||||
Wireless Telecommunication Services |
9,495,479 | | | 9,495,479 | ||||||||||||
Total Common Stocks |
2,041,959,440 | 75,165,110 | | 2,117,124,550 | ||||||||||||
Total Preferred Stock* |
11,135,070 | | | 11,135,070 | ||||||||||||
Total Short-Term Investment* |
| 32,210,368 | | 32,210,368 | ||||||||||||
Securities Lending Reinvestments | ||||||||||||||||
Certificates of Deposit |
| 114,028,916 | | 114,028,916 | ||||||||||||
Commercial Paper |
| 5,000,800 | | 5,000,800 | ||||||||||||
Repurchase Agreements |
| 45,721,266 | | 45,721,266 | ||||||||||||
Time Deposit |
| 7,000,000 | | 7,000,000 | ||||||||||||
Mutual Funds |
28,000,000 | | | 28,000,000 | ||||||||||||
Total Securities Lending Reinvestments |
28,000,000 | 171,750,982 | | 199,750,982 | ||||||||||||
Total Investments |
$ | 2,081,094,510 | $ | 279,126,460 | $ | | $ | 2,360,220,970 | ||||||||
Collateral for Securities Loaned (Liability) |
$ | | $ | (199,721,266 | ) | $ | | $ | (199,721,266 | ) |
* | See Schedule of Investments for additional detailed categorizations. |
BHFTII-141
Table of Contents
Brighthouse Funds Trust II
Loomis Sayles Small Cap Core Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks97.1% of Net Assets
Security Description | Shares | Value | ||||||
Aerospace & Defense0.2% | ||||||||
Hexcel Corp. |
12,519 | $ | 647,483 | |||||
|
|
|||||||
Air Freight & Logistics0.2% | ||||||||
Hub Group, Inc. - Class A (a) |
7,824 | 539,700 | ||||||
|
|
|||||||
Auto Components1.5% | ||||||||
Dana, Inc. (b) |
123,354 | 1,409,936 | ||||||
Dorman Products, Inc. (a) |
12,664 | 1,039,968 | ||||||
Gentherm, Inc. (a) |
15,248 | 758,283 | ||||||
LCI Industries |
10,801 | 1,095,869 | ||||||
Patrick Industries, Inc. |
13,164 | 577,110 | ||||||
|
|
|||||||
4,881,166 | ||||||||
|
|
|||||||
Banks11.0% | ||||||||
Ameris Bancorp |
86,068 | 3,848,100 | ||||||
Atlantic Union Bankshares Corp. (b) |
75,173 | 2,283,756 | ||||||
Bancorp, Inc. (The) (a) |
40,833 | 897,509 | ||||||
Cadence Bank |
102,092 | 2,594,158 | ||||||
CVB Financial Corp. (b) |
106,316 | 2,691,921 | ||||||
Home BancShares, Inc. |
128,300 | 2,888,033 | ||||||
Lakeland Financial Corp. |
14,654 | 1,066,958 | ||||||
OceanFirst Financial Corp. |
148,501 | 2,768,059 | ||||||
Pinnacle Financial Partners, Inc. |
37,265 | 3,022,192 | ||||||
Popular, Inc. |
50,905 | 3,668,214 | ||||||
Prosperity Bancshares, Inc. |
30,434 | 2,029,339 | ||||||
SouthState Corp. |
28,515 | 2,256,107 | ||||||
Triumph Bancorp, Inc. (a) |
44,485 | 2,417,760 | ||||||
Wintrust Financial Corp. |
45,830 | 3,737,436 | ||||||
|
|
|||||||
36,169,542 | ||||||||
|
|
|||||||
Beverages0.2% | ||||||||
Primo Water Corp. |
58,415 | 733,108 | ||||||
|
|
|||||||
Biotechnology2.6% | ||||||||
Blueprint Medicines Corp. (a) |
8,577 | 565,138 | ||||||
Halozyme Therapeutics, Inc. (a) (b) |
37,320 | 1,475,633 | ||||||
Inhibrx, Inc. (a) (b) |
26,976 | 484,219 | ||||||
Insmed, Inc. (a) (b) |
33,077 | 712,479 | ||||||
PTC Therapeutics, Inc. (a) |
24,969 | 1,253,444 | ||||||
United Therapeutics Corp. (a) |
12,725 | 2,664,360 | ||||||
Vericel Corp. (a) |
26,496 | 614,707 | ||||||
Xencor, Inc. (a) |
28,365 | 736,923 | ||||||
|
|
|||||||
8,506,903 | ||||||||
|
|
|||||||
Building Products2.4% | ||||||||
Advanced Drainage Systems, Inc. (b) |
14,467 | 1,799,261 | ||||||
Janus International Group Inc. (a) |
146,201 | 1,304,113 | ||||||
Quanex Building Products Corp. (b) |
92,117 | 1,672,845 | ||||||
UFP Industries, Inc. |
41,141 | 2,968,734 | ||||||
|
|
|||||||
7,744,953 | ||||||||
|
|
|||||||
Capital Markets1.5% | ||||||||
Focus Financial Partners, Inc. - Class A (a) (b) |
22,824 | 719,184 | ||||||
Hamilton Lane, Inc. - Class A |
16,760 | 999,064 | ||||||
PJT Partners, Inc. - Class A (b) |
19,195 | 1,282,610 | ||||||
Capital Markets(Continued) | ||||||||
Stifel Financial Corp. |
34,846 | 1,808,856 | ||||||
|
|
|||||||
4,809,714 | ||||||||
|
|
|||||||
Chemicals2.6% | ||||||||
Ashland, Inc. |
17,554 | 1,667,103 | ||||||
Cabot Corp. |
40,908 | 2,613,612 | ||||||
LSB Industries, Inc. (a) |
137,372 | 1,957,551 | ||||||
Valvoline, Inc. |
86,267 | 2,186,006 | ||||||
|
|
|||||||
8,424,272 | ||||||||
|
|
|||||||
Commercial Services & Supplies2.5% | ||||||||
Casella Waste Systems, Inc. - Class A (a) |
24,641 | 1,882,326 | ||||||
Clean Harbors, Inc. (a) |
28,913 | 3,179,852 | ||||||
Driven Brands Holdings, Inc. (a) |
32,434 | 907,503 | ||||||
IAA, Inc. (a) (b) |
46,005 | 1,465,259 | ||||||
VSE Corp. |
22,816 | 807,687 | ||||||
|
|
|||||||
8,242,627 | ||||||||
|
|
|||||||
Communications Equipment1.2% | ||||||||
Calix, Inc. (a) |
21,979 | 1,343,796 | ||||||
Viavi Solutions, Inc. (a) |
192,881 | 2,517,097 | ||||||
|
|
|||||||
3,860,893 | ||||||||
|
|
|||||||
Construction & Engineering3.4% | ||||||||
AECOM |
48,905 | 3,343,635 | ||||||
Arcosa, Inc. |
51,309 | 2,933,848 | ||||||
MDU Resources Group, Inc. |
109,120 | 2,984,432 | ||||||
WillScot Mobile Mini Holdings Corp. (a) |
44,196 | 1,782,425 | ||||||
|
|
|||||||
11,044,340 | ||||||||
|
|
|||||||
Diversified Financial Services0.5% | ||||||||
Cannae Holdings, Inc. (a) |
77,064 | 1,592,142 | ||||||
|
|
|||||||
Electric Utilities0.5% | ||||||||
ALLETE, Inc. |
33,428 | 1,673,071 | ||||||
|
|
|||||||
Electrical Equipment0.4% | ||||||||
Atkore, Inc. (a) |
15,299 | 1,190,415 | ||||||
|
|
|||||||
Electronic Equipment, Instruments & Components4.8% | ||||||||
Advanced Energy Industries, Inc. |
10,580 | 818,998 | ||||||
Itron, Inc. (a) |
9,362 | 394,234 | ||||||
Kimball Electronics, Inc. (a) |
73,011 | 1,252,138 | ||||||
Littelfuse, Inc. |
6,391 | 1,269,828 | ||||||
Methode Electronics, Inc. |
54,112 | 2,010,261 | ||||||
National Instruments Corp. |
52,697 | 1,988,785 | ||||||
Novanta, Inc. (a) |
9,385 | 1,085,375 | ||||||
TD SYNNEX Corp. |
28,526 | 2,316,026 | ||||||
TTM Technologies, Inc. (a) |
167,994 | 2,214,161 | ||||||
Vontier Corp. |
137,600 | 2,299,296 | ||||||
|
|
|||||||
15,649,102 | ||||||||
|
|
|||||||
Energy Equipment & Services2.7% | ||||||||
Cactus, Inc. - Class A |
30,634 | 1,177,265 | ||||||
ChampionX Corp. |
183,501 | 3,591,115 |
BHFTII-142
Table of Contents
Brighthouse Funds Trust II
Loomis Sayles Small Cap Core Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Energy Equipment & Services(Continued) | ||||||||
Noble Corp. plc (a) (b) |
26,249 | $ | 776,445 | |||||
Weatherford International plc (a) |
106,580 | 3,441,468 | ||||||
|
|
|||||||
8,986,293 | ||||||||
|
|
|||||||
Entertainment0.5% | ||||||||
Liberty Braves Group - Class C (a) |
56,744 | 1,560,460 | ||||||
|
|
|||||||
Equity Real Estate Investment Trusts2.6% | ||||||||
Agree Realty Corp. (b) |
34,862 | 2,355,974 | ||||||
CubeSmart |
48,247 | 1,932,775 | ||||||
Postal Realty Trust, Inc. - Class A (b) |
66,005 | 968,293 | ||||||
STAG Industrial, Inc. (b) |
79,648 | 2,264,392 | ||||||
UMH Properties, Inc. |
72,291 | 1,167,500 | ||||||
|
|
|||||||
8,688,934 | ||||||||
|
|
|||||||
Food & Staples Retailing0.5% | ||||||||
Andersons, Inc. (The) |
49,806 | 1,545,480 | ||||||
|
|
|||||||
Food Products1.6% | ||||||||
Hostess Brands, Inc. (a) |
22,945 | 533,242 | ||||||
J & J Snack Foods Corp. |
8,603 | 1,113,830 | ||||||
Nomad Foods, Ltd. (a) |
69,309 | 984,188 | ||||||
Simply Good Foods Co. (The) (a) |
37,062 | 1,185,613 | ||||||
Sovos Brands, Inc. (a) |
50,103 | 713,467 | ||||||
Whole Earth Brands, Inc. (a) |
211,017 | 810,305 | ||||||
|
|
|||||||
5,340,645 | ||||||||
|
|
|||||||
Health Care Equipment & Supplies5.5% | ||||||||
AtriCure, Inc. (a) |
23,941 | 936,093 | ||||||
Axonics, Inc. (a) |
26,547 | 1,869,971 | ||||||
CONMED Corp. (b) |
25,608 | 2,052,993 | ||||||
Cutera, Inc. (a) (b) |
13,248 | 604,109 | ||||||
Embecta Corp. |
28,028 | 806,926 | ||||||
Inmode, Ltd. (a) |
61,864 | 1,800,861 | ||||||
Inspire Medical Systems, Inc. (a) |
7,661 | 1,358,832 | ||||||
Lantheus Holdings, Inc. (a) |
48,565 | 3,415,576 | ||||||
LivaNova plc (a) (b) |
9,571 | 485,920 | ||||||
Merit Medical Systems, Inc. (a) |
22,091 | 1,248,362 | ||||||
NuVasive, Inc. (a) |
21,255 | 931,181 | ||||||
STAAR Surgical Co. (a) |
8,974 | 633,116 | ||||||
UFP Technologies, Inc. (a) (b) |
21,270 | 1,825,817 | ||||||
|
|
|||||||
17,969,757 | ||||||||
|
|
|||||||
Health Care Providers & Services3.6% | ||||||||
Acadia Healthcare Co., Inc. (a) |
16,430 | 1,284,497 | ||||||
Alignment Healthcare, Inc. (a) |
40,210 | 476,086 | ||||||
AMN Healthcare Services, Inc. (a) |
16,202 | 1,716,764 | ||||||
Ensign Group, Inc. (The) |
13,953 | 1,109,264 | ||||||
ModivCare, Inc. (a) |
6,601 | 657,988 | ||||||
Option Care Health, Inc. (a) |
142,957 | 4,498,857 | ||||||
Tenet Healthcare Corp. (a) |
43,616 | 2,249,713 | ||||||
|
|
|||||||
11,993,169 | ||||||||
|
|
|||||||
Health Care Technology1.4% | ||||||||
Allscripts Healthcare Solutions, Inc. (a) |
180,180 | 2,744,142 | ||||||
Health Care Technology(Continued) | ||||||||
Evolent Health, Inc. - Class A (a) |
49,725 | 1,786,619 | ||||||
|
|
|||||||
4,530,761 | ||||||||
|
|
|||||||
Hotels, Restaurants & Leisure2.0% | ||||||||
Churchill Downs, Inc. |
10,903 | 2,007,787 | ||||||
Life Time Group Holdings, Inc. (a) (b) |
41,682 | 406,400 | ||||||
Marriott Vacations Worldwide Corp. |
19,962 | 2,432,569 | ||||||
Papa Johns International, Inc. |
9,600 | 672,096 | ||||||
Texas Roadhouse, Inc. |
10,421 | 909,337 | ||||||
|
|
|||||||
6,428,189 | ||||||||
|
|
|||||||
Household Durables1.5% | ||||||||
Installed Building Products, Inc. |
8,493 | 687,848 | ||||||
KB Home |
62,670 | 1,624,406 | ||||||
Skyline Champion Corp. (a) (b) |
48,478 | 2,563,032 | ||||||
|
|
|||||||
4,875,286 | ||||||||
|
|
|||||||
Household Products0.2% | ||||||||
Spectrum Brands Holdings, Inc. |
17,056 | 665,696 | ||||||
|
|
|||||||
Independent Power and Renewable Electricity Producers0.6% | ||||||||
NextEra Energy Partners L.P. (b) |
27,164 | 1,964,229 | ||||||
|
|
|||||||
Insurance1.2% | ||||||||
BRP Group, Inc. - Class A (a) |
35,946 | 947,177 | ||||||
Employers Holdings, Inc. (b) |
58,245 | 2,008,870 | ||||||
Kinsale Capital Group, Inc. |
3,536 | 903,165 | ||||||
|
|
|||||||
3,859,212 | ||||||||
|
|
|||||||
Interactive Media & Services0.7% | ||||||||
Cargurus, Inc. (a) (b) |
28,350 | 401,720 | ||||||
Shutterstock, Inc. |
14,976 | 751,346 | ||||||
TripAdvisor, Inc. (a) |
54,378 | 1,200,666 | ||||||
|
|
|||||||
2,353,732 | ||||||||
|
|
|||||||
IT Services3.2% | ||||||||
Concentrix Corp. |
19,113 | 2,133,584 | ||||||
CSG Systems International, Inc. |
38,705 | 2,046,720 | ||||||
Euronet Worldwide, Inc. (a) |
15,515 | 1,175,416 | ||||||
EVERTEC, Inc. |
33,704 | 1,056,620 | ||||||
Grid Dynamics Holdings, Inc. (a) |
24,939 | 467,108 | ||||||
International Money Express, Inc. (a) |
86,763 | 1,977,329 | ||||||
WNS Holdings, Ltd. (ADR) (a) |
21,366 | 1,748,594 | ||||||
|
|
|||||||
10,605,371 | ||||||||
|
|
|||||||
Leisure Products1.1% | ||||||||
Brunswick Corp. |
32,606 | 2,134,063 | ||||||
Malibu Boats, Inc. - Class A (a) |
15,369 | 737,558 | ||||||
Topgolf Callaway Brands Corp. (a) (b) |
44,060 | 848,596 | ||||||
|
|
|||||||
3,720,217 | ||||||||
|
|
|||||||
Life Sciences Tools & Services1.0% | ||||||||
Charles River Laboratories International, Inc. (a) |
11,416 | 2,246,669 | ||||||
Medpace Holdings, Inc. (a) (b) |
6,311 | 991,900 | ||||||
|
|
|||||||
3,238,569 | ||||||||
|
|
BHFTII-143
Table of Contents
Brighthouse Funds Trust II
Loomis Sayles Small Cap Core Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Machinery4.1% | ||||||||
Albany International Corp. - Class A (b) |
41,160 | $ | 3,244,643 | |||||
Altra Industrial Motion Corp. |
57,215 | 1,923,568 | ||||||
Columbus McKinnon Corp. |
71,565 | 1,872,141 | ||||||
Helios Technologies, Inc. |
15,649 | 791,839 | ||||||
Kadant, Inc. |
18,511 | 3,087,820 | ||||||
RBC Bearings, Inc. (a) (b) |
6,979 | 1,450,306 | ||||||
Wabash National Corp. |
70,715 | 1,100,325 | ||||||
|
|
|||||||
13,470,642 | ||||||||
|
|
|||||||
Marine0.6% | ||||||||
Genco Shipping & Trading, Ltd. (b) |
146,709 | 1,838,264 | ||||||
|
|
|||||||
Media1.8% | ||||||||
Gray Television, Inc. |
107,130 | 1,534,102 | ||||||
John Wiley & Sons, Inc. - Class A |
31,060 | 1,166,614 | ||||||
Scholastic Corp. |
37,706 | 1,159,836 | ||||||
TechTarget, Inc. (a) (b) |
18,237 | 1,079,630 | ||||||
Thryv Holdings, Inc. (a) |
50,029 | 1,142,162 | ||||||
|
|
|||||||
6,082,344 | ||||||||
|
|
|||||||
Metals & Mining0.3% | ||||||||
Arconic Corp. (a) |
60,241 | 1,026,507 | ||||||
|
|
|||||||
Multi-Utilities0.6% | ||||||||
Black Hills Corp. (b) |
27,720 | 1,877,476 | ||||||
|
|
|||||||
Oil, Gas & Consumable Fuels4.1% | ||||||||
Antero Resources Corp. (a) |
109,278 | 3,336,257 | ||||||
California Resources Corp. |
56,132 | 2,157,153 | ||||||
Denbury, Inc. (a) |
4,605 | 397,227 | ||||||
EQT Corp. |
49,308 | 2,009,301 | ||||||
Laredo Petroleum, Inc. (a) (b) |
25,793 | 1,621,090 | ||||||
Magnolia Oil & Gas Corp. - Class A (b) |
21,749 | 430,848 | ||||||
Northern Oil and Gas, Inc. |
123,161 | 3,375,843 | ||||||
|
|
|||||||
13,327,719 | ||||||||
|
|
|||||||
Personal Products1.1% | ||||||||
BellRing Brands, Inc. (a) |
99,682 | 2,054,446 | ||||||
elf Beauty, Inc. (a) |
32,998 | 1,241,385 | ||||||
Inter Parfums, Inc. (b) |
6,507 | 491,018 | ||||||
|
|
|||||||
3,786,849 | ||||||||
|
|
|||||||
Pharmaceuticals2.3% | ||||||||
Jazz Pharmaceuticals plc (a) |
8,147 | 1,085,914 | ||||||
Pacira BioSciences, Inc. (a) |
53,646 | 2,853,431 | ||||||
Supernus Pharmaceuticals, Inc. (a) |
111,003 | 3,757,451 | ||||||
|
|
|||||||
7,696,796 | ||||||||
|
|
|||||||
Professional Services3.4% | ||||||||
FTI Consulting, Inc. (a) (b) |
6,400 | 1,060,544 | ||||||
Huron Consulting Group, Inc. (a) |
11,753 | 778,636 | ||||||
ICF International, Inc. |
4,841 | 527,766 | ||||||
Insperity, Inc. |
24,772 | 2,528,974 | ||||||
KBR, Inc. (b) |
33,620 | 1,453,056 | ||||||
Korn Ferry |
45,278 | 2,125,802 | ||||||
Professional Services(Continued) | ||||||||
Science Applications International Corp. |
31,888 | 2,819,856 | ||||||
|
|
|||||||
11,294,634 | ||||||||
|
|
|||||||
Road & Rail0.1% | ||||||||
Marten Transport, Ltd. |
26,784 | 513,181 | ||||||
|
|
|||||||
Semiconductors & Semiconductor Equipment2.9% | ||||||||
MACOM Technology Solutions Holdings, Inc. (a) |
23,978 | 1,241,820 | ||||||
MaxLinear, Inc. (a) |
25,337 | 826,493 | ||||||
Rambus, Inc. (a) |
185,776 | 4,722,426 | ||||||
Silicon Laboratories, Inc. (a) (b) |
8,909 | 1,099,727 | ||||||
Tower Semiconductor, Ltd. (U.S. Listed Shares) (a) |
39,951 | 1,755,447 | ||||||
|
|
|||||||
9,645,913 | ||||||||
|
|
|||||||
Software1.2% | ||||||||
Box, Inc. - Class A (a) |
34,306 | 836,723 | ||||||
Envestnet, Inc. (a) |
17,008 | 755,155 | ||||||
Q2 Holdings, Inc. (a) |
15,383 | 495,333 | ||||||
Tenable Holdings, Inc. (a) |
24,819 | 863,701 | ||||||
Varonis Systems, Inc. (a) |
33,755 | 895,183 | ||||||
|
|
|||||||
3,846,095 | ||||||||
|
|
|||||||
Specialty Retail1.1% | ||||||||
Boot Barn Holdings, Inc. (a) |
36,844 | 2,153,900 | ||||||
Urban Outfitters, Inc. (a) (b) |
77,751 | 1,527,807 | ||||||
|
|
|||||||
3,681,707 | ||||||||
|
|
|||||||
Technology Hardware, Storage & Peripherals1.1% | ||||||||
Pure Storage, Inc. - Class A (a) |
53,440 | 1,462,653 | ||||||
Super Micro Computer, Inc. (a) |
37,471 | 2,063,528 | ||||||
|
|
|||||||
3,526,181 | ||||||||
|
|
|||||||
Textiles, Apparel & Luxury Goods1.1% | ||||||||
Columbia Sportswear Co. |
10,245 | 689,488 | ||||||
Crocs, Inc. (a) |
33,770 | 2,318,648 | ||||||
Oxford Industries, Inc. (b) |
8,806 | 790,603 | ||||||
|
|
|||||||
3,798,739 | ||||||||
|
|
|||||||
Thrifts & Mortgage Finance1.4% | ||||||||
Federal Agricultural Mortgage Corp. - Class C |
21,842 | 2,165,416 | ||||||
WSFS Financial Corp. |
53,803 | 2,499,687 | ||||||
|
|
|||||||
4,665,103 | ||||||||
|
|
|||||||
Trading Companies & Distributors3.7% | ||||||||
Alta Equipment Group, Inc. (b) |
105,054 | 1,156,644 | ||||||
Applied Industrial Technologies, Inc. |
9,693 | 996,247 | ||||||
Custom Truck One Source, Inc. (a) (b) |
105,852 | 617,117 | ||||||
Herc Holdings, Inc. |
40,924 | 4,251,185 | ||||||
McGrath RentCorp |
38,929 | 3,264,586 | ||||||
MRC Global, Inc. (a) |
148,499 | 1,067,708 | ||||||
SiteOne Landscape Supply, Inc. (a) (b) |
7,488 | 779,800 | ||||||
|
|
|||||||
12,133,287 | ||||||||
|
|
BHFTII-144
Table of Contents
Brighthouse Funds Trust II
Loomis Sayles Small Cap Core Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares/ Principal Amount* |
Value | ||||||
Water Utilities0.3% | ||||||||
Pure Cycle Corp. (a) (b) |
101,388 | $ | 846,590 | |||||
|
|
|||||||
Wireless Telecommunication Services0.5% | ||||||||
United States Cellular Corp. (a) |
70,061 | 1,823,688 | ||||||
|
|
|||||||
Total Common Stocks |
318,917,146 | |||||||
|
|
|||||||
Short-Term Investment3.3% |
| |||||||
Repurchase Agreement3.3% | ||||||||
Fixed Income Clearing Corp. |
10,737,684 | 10,737,684 | ||||||
|
|
|||||||
Total Short-Term Investments |
10,737,684 | |||||||
|
|
|||||||
Securities Lending Reinvestments (c)4.3% |
| |||||||
Repurchase Agreements3.7% | ||||||||
HSBC Securities, Inc. |
1,914,780 | 1,914,780 | ||||||
National Bank Financial, Inc. |
3,000,000 | 3,000,000 | ||||||
National Bank of Canada |
900,000 | 900,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.200%, due on 10/07/22 with a maturity value of $1,000,622; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 5.500%, maturity dates ranging from 11/03/22 - 02/15/52, and various Common Stock with an aggregate market value of $1,096,050. |
1,000,000 | 1,000,000 | ||||||
NBC Global Finance, Ltd. |
2,000,000 | 2,000,000 | ||||||
Repurchase Agreements(Continued) | ||||||||
Societe Generale |
300,000 | 300,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.070%, due on 10/03/22 with a maturity value of $200,051; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 1.125%, maturity dates ranging from 03/09/23 - 05/15/40, and various Common Stock with an aggregate market value of $222,213. |
200,000 | 200,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.160%, due on 10/03/22 with a maturity value of $1,481,420; collateralized by various Common Stock with an aggregate market value of $1,647,573. |
1,481,030 | 1,481,030 | ||||||
Repurchase Agreement dated 09/30/22 at 3.170%, due on 10/07/22 with a maturity value of $400,247; collateralized by various Common Stock with an aggregate market value of $444,980. |
400,000 | 400,000 | ||||||
TD Prime Services LLC |
1,100,000 | 1,100,000 | ||||||
|
|
|||||||
12,295,810 | ||||||||
|
|
|||||||
Mutual Funds0.6% | ||||||||
Goldman Sachs Financial Square Government Fund, Institutional Shares |
1,000,000 | 1,000,000 | ||||||
HSBC U.S. Government Money Market Fund, Class I |
1,000,000 | 1,000,000 | ||||||
|
|
|||||||
2,000,000 | ||||||||
|
|
|||||||
Total Securities Lending Reinvestments |
14,295,810 | |||||||
|
|
|||||||
Total Investments104.7% |
343,950,640 | |||||||
Other assets and liabilities (net)(4.7)% |
(15,397,903 | ) | ||||||
|
|
|||||||
Net Assets100.0% | $ | 328,552,737 | ||||||
|
|
* | Principal amount stated in U.S. dollars unless otherwise noted. | |||
(a) | Non-income producing security. | |||
(b) | All or a portion of the security was held on loan. As of September 30, 2022, the market value of securities loaned was $13,955,566 and the collateral received consisted of cash in the amount of $14,295,810. The cash collateral investments are disclosed in the Schedule of Investments and categorized as Securities Lending Reinvestments. | |||
(c) | Represents investment of cash collateral received from securities on loan as of September 30, 2022. | |||
(d) | The rate shown represents the annualized seven-day yield as of September 30, 2022. |
BHFTII-145
Table of Contents
Brighthouse Funds Trust II
Loomis Sayles Small Cap Core Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Glossary of Abbreviations
Other Abbreviations
(ADR) | American Depositary Receipt |
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Total Common Stocks* |
$ | 318,917,146 | $ | | $ | | $ | 318,917,146 | ||||||||
Total Short-Term Investment* |
| 10,737,684 | | 10,737,684 | ||||||||||||
Securities Lending Reinvestments | ||||||||||||||||
Repurchase Agreements |
| 12,295,810 | | 12,295,810 | ||||||||||||
Mutual Funds |
2,000,000 | | | 2,000,000 | ||||||||||||
Total Securities Lending Reinvestments |
2,000,000 | 12,295,810 | | 14,295,810 | ||||||||||||
Total Investments |
$ | 320,917,146 | $ | 23,033,494 | $ | | $ | 343,950,640 | ||||||||
Collateral for Securities Loaned (Liability) |
$ | | $ | (14,295,810 | ) | $ | | $ | (14,295,810 | ) |
* | See Schedule of Investments for additional detailed categorizations. |
BHFTII-146
Table of Contents
Brighthouse Funds Trust II
Loomis Sayles Small Cap Growth Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks97.5% of Net Assets
Security Description | Shares | Value | ||||||
Aerospace & Defense0.7% | ||||||||
Hexcel Corp. |
48,362 | $ | 2,501,283 | |||||
|
|
|||||||
Air Freight & Logistics0.6% | ||||||||
Hub Group, Inc. - Class A (a) |
30,226 | 2,084,990 | ||||||
|
|
|||||||
Auto Components2.6% | ||||||||
Dorman Products, Inc. (a) |
48,921 | 4,017,392 | ||||||
Gentherm, Inc. (a) |
58,900 | 2,929,097 | ||||||
Patrick Industries, Inc. |
50,852 | 2,229,352 | ||||||
|
|
|||||||
9,175,841 | ||||||||
|
|
|||||||
Banks3.1% | ||||||||
Ameris Bancorp (b) |
76,603 | 3,424,920 | ||||||
Bancorp, Inc. (The) (a) |
157,735 | 3,467,016 | ||||||
Lakeland Financial Corp. |
56,609 | 4,121,701 | ||||||
|
|
|||||||
11,013,637 | ||||||||
|
|
|||||||
Beverages0.8% | ||||||||
Primo Water Corp. |
225,659 | 2,832,020 | ||||||
|
|
|||||||
Biotechnology6.4% | ||||||||
Blueprint Medicines Corp. (a) |
33,131 | 2,183,002 | ||||||
Halozyme Therapeutics, Inc. (a) |
144,165 | 5,700,284 | ||||||
Inhibrx, Inc. (a) (b) |
104,213 | 1,870,623 | ||||||
Insmed, Inc. (a) (b) |
127,780 | 2,752,381 | ||||||
PTC Therapeutics, Inc. (a) |
96,453 | 4,841,941 | ||||||
Vericel Corp. (a) |
102,354 | 2,374,613 | ||||||
Xencor, Inc. (a) |
109,572 | 2,846,680 | ||||||
|
|
|||||||
22,569,524 | ||||||||
|
|
|||||||
Building Products2.5% | ||||||||
Advanced Drainage Systems, Inc. |
55,887 | 6,950,666 | ||||||
UFP Industries, Inc. |
24,831 | 1,791,805 | ||||||
|
|
|||||||
8,742,471 | ||||||||
|
|
|||||||
Capital Markets3.3% | ||||||||
Focus Financial Partners, Inc. - Class A (a) |
88,170 | 2,778,237 | ||||||
Hamilton Lane, Inc. - Class A |
64,747 | 3,859,569 | ||||||
PJT Partners, Inc. - Class A |
74,149 | 4,954,636 | ||||||
|
|
|||||||
11,592,442 | ||||||||
|
|
|||||||
Commercial Services & Supplies3.1% | ||||||||
Casella Waste Systems, Inc. - Class A (a) |
95,190 | 7,271,564 | ||||||
Driven Brands Holdings, Inc. (a) |
125,290 | 3,505,614 | ||||||
|
|
|||||||
10,777,178 | ||||||||
|
|
|||||||
Communications Equipment1.5% | ||||||||
Calix, Inc. (a) |
84,904 | 5,191,031 | ||||||
|
|
|||||||
Construction & Engineering2.4% | ||||||||
Arcosa, Inc. |
24,290 | 1,388,902 | ||||||
WillScot Mobile Mini Holdings Corp. (a) |
170,728 | 6,885,460 | ||||||
|
|
|||||||
8,274,362 | ||||||||
|
|
|||||||
Electronic Equipment, Instruments & Components2.5% | ||||||||
Advanced Energy Industries, Inc. |
40,873 | 3,163,979 | ||||||
Itron, Inc. (a) |
36,163 | 1,522,824 | ||||||
Novanta, Inc. (a) |
36,253 | 4,192,659 | ||||||
|
|
|||||||
8,879,462 | ||||||||
|
|
|||||||
Energy Equipment & Services3.2% | ||||||||
Cactus, Inc. - Class A |
118,342 | 4,547,883 | ||||||
Noble Corp. plc (a) |
101,398 | 2,999,353 | ||||||
Weatherford International plc (a) |
114,065 | 3,683,159 | ||||||
|
|
|||||||
11,230,395 | ||||||||
|
|
|||||||
Food Products2.7% | ||||||||
Hostess Brands, Inc. (a) |
88,639 | 2,059,970 | ||||||
Simply Good Foods Co. (The) (a) |
143,173 | 4,580,104 | ||||||
Sovos Brands, Inc. (a) |
193,556 | 2,756,238 | ||||||
|
|
|||||||
9,396,312 | ||||||||
|
|
|||||||
Health Care Equipment & Supplies9.8% | ||||||||
AtriCure, Inc. (a) |
92,483 | 3,616,085 | ||||||
Axonics, Inc. (a) |
102,552 | 7,223,763 | ||||||
CONMED Corp. (b) |
41,324 | 3,312,945 | ||||||
Cutera, Inc. (a) (b) |
51,177 | 2,333,671 | ||||||
Inspire Medical Systems, Inc. (a) |
29,595 | 5,249,265 | ||||||
LivaNova plc (a) |
36,975 | 1,877,221 | ||||||
Merit Medical Systems, Inc. (a) |
85,337 | 4,822,394 | ||||||
NuVasive, Inc. (a) |
82,107 | 3,597,108 | ||||||
STAAR Surgical Co. (a) |
34,665 | 2,445,616 | ||||||
|
|
|||||||
34,478,068 | ||||||||
|
|
|||||||
Health Care Providers & Services5.9% | ||||||||
Acadia Healthcare Co., Inc. (a) |
63,466 | 4,961,772 | ||||||
Alignment Healthcare, Inc. (a) |
156,107 | 1,848,307 | ||||||
Ensign Group, Inc. (The) |
53,902 | 4,285,209 | ||||||
ModivCare, Inc. (a) |
25,498 | 2,541,640 | ||||||
Option Care Health, Inc. (a) |
224,991 | 7,080,467 | ||||||
|
|
|||||||
20,717,395 | ||||||||
|
|
|||||||
Health Care Technology2.0% | ||||||||
Evolent Health, Inc. - Class A (a) |
193,043 | 6,936,035 | ||||||
|
|
|||||||
Hotels, Restaurants & Leisure2.2% | ||||||||
Life Time Group Holdings, Inc. (a) (b) |
161,020 | 1,569,945 | ||||||
Papa Johns International, Inc. |
37,083 | 2,596,181 | ||||||
Texas Roadhouse, Inc. |
40,259 | 3,513,000 | ||||||
|
|
|||||||
7,679,126 | ||||||||
|
|
|||||||
Household Durables0.8% | ||||||||
Installed Building Products, Inc. (b) |
32,807 | 2,657,039 | ||||||
|
|
|||||||
Insurance2.0% | ||||||||
BRP Group, Inc. - Class A (a) |
138,860 | 3,658,961 | ||||||
Kinsale Capital Group, Inc. |
13,660 | 3,489,037 | ||||||
|
|
|||||||
7,147,998 | ||||||||
|
|
BHFTII-147
Table of Contents
Brighthouse Funds Trust II
Loomis Sayles Small Cap Growth Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares |
Value | ||||||
Interactive Media & Services1.3% | ||||||||
Cargurus, Inc. (a) |
109,518 | $ | 1,551,870 | |||||
Shutterstock, Inc. |
57,854 | 2,902,535 | ||||||
|
|
|||||||
4,454,405 | ||||||||
|
|
|||||||
IT Services3.6% | ||||||||
EVERTEC, Inc. |
130,198 | 4,081,707 | ||||||
Grid Dynamics Holdings, Inc. (a) |
96,461 | 1,806,714 | ||||||
WNS Holdings, Ltd. (ADR) (a) |
82,540 | 6,755,074 | ||||||
|
|
|||||||
12,643,495 | ||||||||
|
|
|||||||
Leisure Products1.7% | ||||||||
Malibu Boats, Inc. - Class A (a) |
59,370 | 2,849,166 | ||||||
Topgolf Callaway Brands Corp. (a) (b) |
170,205 | 3,278,149 | ||||||
|
|
|||||||
6,127,315 | ||||||||
|
|
|||||||
Life Sciences Tools & Services1.1% | ||||||||
Medpace Holdings, Inc. (a) |
24,379 | 3,831,647 | ||||||
|
|
|||||||
Machinery3.8% | ||||||||
Albany International Corp. - Class A |
61,282 | 4,830,860 | ||||||
Helios Technologies, Inc. |
60,452 | 3,058,871 | ||||||
RBC Bearings, Inc. (a) (b) |
26,960 | 5,602,558 | ||||||
|
|
|||||||
13,492,289 | ||||||||
|
|
|||||||
Media1.2% | ||||||||
TechTarget, Inc. (a) |
70,450 | 4,170,640 | ||||||
|
|
|||||||
Oil, Gas & Consumable Fuels0.9% | ||||||||
Denbury, Inc. (a) |
17,724 | 1,528,872 | ||||||
Magnolia Oil & Gas Corp. - Class A |
83,476 | 1,653,660 | ||||||
|
|
|||||||
3,182,532 | ||||||||
|
|
|||||||
Personal Products2.6% | ||||||||
BellRing Brands, Inc. (a) |
116,881 | 2,408,918 | ||||||
elf Beauty, Inc. (a) |
127,473 | 4,795,534 | ||||||
Inter Parfums, Inc. |
25,137 | 1,896,838 | ||||||
|
|
|||||||
9,101,290 | ||||||||
|
|
|||||||
Pharmaceuticals2.4% | ||||||||
Pacira BioSciences, Inc. (a) |
80,194 | 4,265,519 | ||||||
Supernus Pharmaceuticals, Inc. (a) |
122,060 | 4,131,731 | ||||||
|
|
|||||||
8,397,250 | ||||||||
|
|
|||||||
Professional Services4.2% | ||||||||
FTI Consulting, Inc. (a) |
24,722 | 4,096,683 | ||||||
Huron Consulting Group, Inc. (a) |
45,402 | 3,007,882 | ||||||
ICF International, Inc. |
18,698 | 2,038,456 | ||||||
KBR, Inc. (b) |
129,873 | 5,613,111 | ||||||
|
|
|||||||
14,756,132 | ||||||||
|
|
|||||||
Road & Rail0.6% | ||||||||
Marten Transport, Ltd. |
103,673 | 1,986,375 | ||||||
|
|
|||||||
Semiconductors & Semiconductor Equipment5.0% | ||||||||
MACOM Technology Solutions Holdings, Inc. (a) |
92,627 | 4,797,152 | ||||||
MaxLinear, Inc. (a) |
97,879 | 3,192,813 | ||||||
Rambus, Inc. (a) |
203,084 | 5,162,395 | ||||||
Silicon Laboratories, Inc. (a) |
34,413 | 4,247,941 | ||||||
|
|
|||||||
17,400,301 | ||||||||
|
|
|||||||
Software4.2% | ||||||||
Box, Inc. - Class A (a) |
132,526 | 3,232,309 | ||||||
Envestnet, Inc. (a) |
65,704 | 2,917,258 | ||||||
Q2 Holdings, Inc. (a) |
59,424 | 1,913,453 | ||||||
Tenable Holdings, Inc. (a) |
95,876 | 3,336,485 | ||||||
Varonis Systems, Inc. (a) |
130,397 | 3,458,128 | ||||||
|
|
|||||||
14,857,633 | ||||||||
|
|
|||||||
Specialty Retail0.6% | ||||||||
Boot Barn Holdings, Inc. (a) |
39,177 | 2,290,287 | ||||||
|
|
|||||||
Technology Hardware, Storage & Peripherals1.6% | ||||||||
Pure Storage, Inc. - Class A (a) |
206,440 | 5,650,263 | ||||||
|
|
|||||||
Textiles, Apparel & Luxury Goods1.6% | ||||||||
Columbia Sportswear Co. |
39,574 | 2,663,330 | ||||||
Oxford Industries, Inc. (b) |
34,016 | 3,053,957 | ||||||
|
|
|||||||
5,717,287 | ||||||||
|
|
|||||||
Trading Companies & Distributors3.0% | ||||||||
Applied Industrial Technologies, Inc. |
37,444 | 3,848,494 | ||||||
McGrath RentCorp |
43,670 | 3,662,166 | ||||||
SiteOne Landscape Supply, Inc. (a) |
28,927 | 3,012,458 | ||||||
|
|
|||||||
10,523,118 | ||||||||
|
|
|||||||
Total Common Stocks |
342,458,868 | |||||||
|
|
|||||||
Short-Term Investment3.5% | ||||||||
Repurchase Agreement3.5% | ||||||||
Fixed Income Clearing Corp. |
12,131,879 | 12,131,879 | ||||||
|
|
|||||||
Total Short-Term Investments |
12,131,879 | |||||||
|
|
BHFTII-148
Table of Contents
Brighthouse Funds Trust II
Loomis Sayles Small Cap Growth Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Securities Lending Reinvestments (c)1.7%
Security Description | Principal Amount* |
Value | ||||||
Repurchase Agreements1.2% | ||||||||
HSBC Securities, Inc. |
773,956 | $ | 773,956 | |||||
National Bank Financial, Inc. |
1,000,000 | 1,000,000 | ||||||
National Bank of Canada |
900,000 | 900,000 | ||||||
Societe Generale |
||||||||
Repurchase Agreement dated 09/30/22 at 3.000%, due on 10/03/22 with a maturity value of $100,025; collateralized by U.S. Treasury Obligations with rates ranging from 0.125% - 3.875%, maturity dates ranging from 10/31/22 - 08/15/40, and an aggregate market value of $102,068. |
100,000 | 100,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.050%, due on 10/03/22 with a maturity value of $200,051; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 1.125%, maturity dates ranging from 03/09/23 - 05/15/40, and various Common Stock with an aggregate market value of $222,213. |
200,000 | 200,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.160%, due on 10/03/22 with a maturity value of $100,026; collateralized by various Common Stock with an aggregate market value of $111,245. |
100,000 | 100,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.170%, due on 10/07/22 with a maturity value of $300,185; collateralized by various Common Stock with an aggregate market value of $333,735. |
300,000 | 300,000 | ||||||
Repurchase Agreements(Continued) | ||||||||
TD Prime Services LLC |
1,000,000 | 1,000,000 | ||||||
|
|
|||||||
4,373,956 | ||||||||
|
|
|||||||
Mutual Funds0.5% | ||||||||
Dreyfus Treasury Obligations Cash Management Fund, Institutional Class |
500,000 | 500,000 | ||||||
HSBC U.S. Government Money Market Fund, Class I |
600,000 | 600,000 | ||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class |
600,000 | 600,000 | ||||||
|
|
|||||||
1,700,000 | ||||||||
|
|
|||||||
Total Securities Lending Reinvestments |
6,073,956 | |||||||
|
|
|||||||
Total Investments102.7% |
360,664,703 | |||||||
Other assets and liabilities (net)(2.7)% |
(9,532,164 | ) | ||||||
|
|
|||||||
Net Assets100.0% | $ | 351,132,539 | ||||||
|
|
* | Principal amount stated in U.S. dollars unless otherwise noted. | |||
(a) | Non-income producing security. | |||
(b) | All or a portion of the security was held on loan. As of September 30, 2022, the market value of securities loaned was $5,938,458 and the collateral received consisted of cash in the amount of $6,073,956. The cash collateral investments are disclosed in the Schedule of Investments and categorized as Securities Lending Reinvestments. | |||
(c) | Represents investment of cash collateral received from securities on loan as of September 30, 2022. | |||
(d) | The rate shown represents the annualized seven-day yield as of September 30, 2022. |
Glossary of Abbreviations
Other Abbreviations
(ADR) | American Depositary Receipt |
BHFTII-149
Table of Contents
Brighthouse Funds Trust II
Loomis Sayles Small Cap Growth Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Total Common Stocks* |
$ | 342,458,868 | $ | | $ | | $ | 342,458,868 | ||||||||
Total Short-Term Investment* |
| 12,131,879 | | 12,131,879 | ||||||||||||
Securities Lending Reinvestments | ||||||||||||||||
Repurchase Agreements |
| 4,373,956 | | 4,373,956 | ||||||||||||
Mutual Funds |
1,700,000 | | | 1,700,000 | ||||||||||||
Total Securities Lending Reinvestments |
1,700,000 | 4,373,956 | | 6,073,956 | ||||||||||||
Total Investments |
$ | 344,158,868 | $ | 16,505,835 | $ | | $ | 360,664,703 | ||||||||
Collateral for Securities Loaned (Liability) |
$ | | $ | (6,073,956 | ) | $ | | $ | (6,073,956 | ) |
* | See Schedule of Investments for additional detailed categorizations. |
BHFTII-150
Table of Contents
Brighthouse Funds Trust II
MetLife Aggregate Bond Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
U.S. Treasury & Government Agencies70.1% of Net Assets
Security Description | Principal Amount* |
Value | ||||||
Agency Sponsored Mortgage - Backed28.3% | ||||||||
Fannie Mae 15 Yr. Pool | ||||||||
1.500%, 04/01/36 |
1,639,908 | $ | 1,405,972 | |||||
1.500%, 05/01/36 |
4,182,125 | 3,585,537 | ||||||
1.500%, 09/01/36 |
1,782,120 | 1,527,897 | ||||||
1.500%, 11/01/36 |
2,752,624 | 2,359,957 | ||||||
1.500%, 02/01/37 |
19,996 | 17,041 | ||||||
2.000%, 11/01/35 |
8,861,323 | 7,820,517 | ||||||
2.000%, 12/01/35 |
3,443,953 | 3,039,443 | ||||||
2.000%, 09/01/36 |
4,338,000 | 3,822,182 | ||||||
2.000%, 12/01/36 |
2,739,484 | 2,413,741 | ||||||
2.000%, 02/01/37 |
934,859 | 823,695 | ||||||
2.500%, 12/01/27 |
807,448 | 760,734 | ||||||
2.500%, 02/01/28 |
714,288 | 672,964 | ||||||
2.500%, 07/01/28 |
471,719 | 444,356 | ||||||
2.500%, 10/01/28 |
801,212 | 754,736 | ||||||
2.500%, 03/01/30 |
834,960 | 778,602 | ||||||
2.500%, 09/01/31 |
1,416,193 | 1,317,396 | ||||||
2.500%, 01/01/32 |
445,471 | 414,394 | ||||||
2.500%, 04/01/32 |
1,035,640 | 943,264 | ||||||
2.500%, 09/01/32 |
249,473 | 227,221 | ||||||
2.500%, 12/01/34 |
795,966 | 723,883 | ||||||
2.500%, 09/01/35 |
759,272 | 688,836 | ||||||
3.000%, 01/01/27 |
235,370 | 225,988 | ||||||
3.000%, 02/01/27 |
396,717 | 380,902 | ||||||
3.000%, 03/01/27 |
195,122 | 187,504 | ||||||
3.000%, 01/01/29 |
1,413,979 | 1,356,321 | ||||||
3.000%, 10/01/29 |
556,969 | 527,389 | ||||||
3.000%, 06/01/30 |
665,676 | 627,768 | ||||||
3.000%, 02/01/33 |
707,095 | 663,925 | ||||||
3.000%, 01/01/36 |
836,571 | 781,604 | ||||||
3.500%, 02/01/26 |
277,184 | 269,694 | ||||||
3.500%, 03/01/26 |
189,118 | 184,108 | ||||||
3.500%, 05/01/29 |
540,985 | 517,850 | ||||||
3.500%, 08/01/32 |
184,739 | 176,603 | ||||||
3.500%, 03/01/34 |
272,880 | 260,167 | ||||||
4.000%, 06/01/24 |
21,299 | 20,855 | ||||||
4.000%, 11/01/24 |
135,856 | 133,026 | ||||||
4.500%, 08/01/24 |
43,074 | 42,270 | ||||||
4.500%, 06/01/25 |
105,328 | 103,337 | ||||||
5.000%, 02/01/24 |
3,732 | 3,734 | ||||||
Fannie Mae 20 Yr. Pool | ||||||||
2.000%, 02/01/41 |
2,449,285 | 2,054,643 | ||||||
2.000%, 06/01/41 |
2,204,179 | 1,848,304 | ||||||
2.500%, 02/01/41 |
1,827,358 | 1,571,750 | ||||||
3.000%, 02/01/33 |
560,750 | 511,639 | ||||||
3.000%, 08/01/35 |
657,703 | 599,635 | ||||||
3.000%, 05/01/36 |
761,070 | 693,759 | ||||||
3.500%, 04/01/32 |
440,809 | 415,089 | ||||||
3.500%, 09/01/35 |
598,665 | 560,677 | ||||||
3.500%, 07/01/38 |
429,123 | 398,215 | ||||||
4.000%, 02/01/31 |
194,823 | 187,804 | ||||||
4.000%, 03/01/38 |
401,824 | 383,958 | ||||||
4.500%, 08/01/30 |
111,554 | 109,438 | ||||||
5.000%, 02/01/24 |
9,461 | 9,426 | ||||||
5.000%, 09/01/25 |
24,411 | 23,987 | ||||||
5.500%, 07/01/23 |
3,881 | 3,876 | ||||||
5.500%, 01/01/24 |
5,413 | 5,407 | ||||||
5.500%, 07/01/24 |
18,576 | 18,608 | ||||||
5.500%, 07/01/25 |
27,463 | 27,537 | ||||||
Fannie Mae 30 Yr. Pool | ||||||||
1.500%, 03/01/51 |
3,553,395 | 2,726,314 | ||||||
1.500%, 04/01/51 |
4,508,277 | 3,466,468 | ||||||
1.500%, 10/01/51 |
945,477 | 724,806 | ||||||
2.000%, 10/01/50 |
10,008,791 | 8,149,515 | ||||||
2.000%, 11/01/50 |
7,878,904 | 6,414,675 | ||||||
2.000%, 12/01/50 |
4,017,305 | 3,270,411 | ||||||
2.000%, 01/01/51 |
9,866,385 | 8,031,271 | ||||||
2.000%, 02/01/51 |
4,161,455 | 3,387,116 | ||||||
2.000%, 04/01/51 |
8,704,232 | 7,059,944 | ||||||
2.000%, 05/01/51 |
4,438,961 | 3,600,067 | ||||||
2.000%, 06/01/51 |
8,099,749 | 6,568,395 | ||||||
2.000%, 08/01/51 |
2,295,825 | 1,861,416 | ||||||
2.000%, 09/01/51 |
4,644,144 | 3,765,033 | ||||||
2.000%, 10/01/51 |
6,561,087 | 5,318,600 | ||||||
2.000%, 11/01/51 |
1,892,944 | 1,534,327 | ||||||
2.000%, 12/01/51 |
4,767,806 | 3,864,177 | ||||||
2.000%, 01/01/52 |
2,876,248 | 2,330,897 | ||||||
2.000%, 02/01/52 |
1,449,616 | 1,174,649 | ||||||
2.000%, 03/01/52 |
1,910,466 | 1,545,593 | ||||||
2.000%, 04/01/52 |
1,956,825 | 1,583,098 | ||||||
2.500%, 01/01/50 |
1,010,456 | 857,210 | ||||||
2.500%, 03/01/50 |
932,457 | 789,709 | ||||||
2.500%, 05/01/50 |
2,248,305 | 1,902,899 | ||||||
2.500%, 07/01/50 |
3,647,120 | 3,084,842 | ||||||
2.500%, 08/01/50 |
6,532,674 | 5,523,761 | ||||||
2.500%, 09/01/50 |
5,276,261 | 4,459,963 | ||||||
2.500%, 11/01/50 |
1,297,670 | 1,096,203 | ||||||
2.500%, 12/01/50 |
2,017,304 | 1,703,567 | ||||||
2.500%, 01/01/51 |
2,087,703 | 1,762,452 | ||||||
2.500%, 02/01/51 |
1,039,162 | 876,986 | ||||||
2.500%, 05/01/51 |
3,263,144 | 2,750,995 | ||||||
2.500%, 07/01/51 |
4,327,446 | 3,646,913 | ||||||
2.500%, 08/01/51 |
2,195,266 | 1,849,699 | ||||||
2.500%, 09/01/51 |
7,162,768 | 6,034,133 | ||||||
2.500%, 10/01/51 |
5,474,303 | 4,610,872 | ||||||
2.500%, 12/01/51 |
6,585,991 | 5,545,178 | ||||||
2.500%, 01/01/52 |
2,853,160 | 2,399,107 | ||||||
2.500%, 02/01/52 |
7,658,824 | 6,445,589 | ||||||
2.500%, 03/01/52 |
964,666 | 810,745 | ||||||
2.500%, 04/01/52 |
2,921,290 | 2,454,717 | ||||||
2.500%, 05/01/52 |
1,962,348 | 1,648,628 | ||||||
3.000%, 08/01/42 |
719,935 | 642,947 | ||||||
3.000%, 09/01/42 |
624,377 | 557,607 | ||||||
3.000%, 11/01/42 |
982,860 | 877,756 | ||||||
3.000%, 12/01/42 |
650,761 | 581,170 | ||||||
3.000%, 01/01/43 |
459,901 | 410,720 | ||||||
3.000%, 03/01/43 |
963,852 | 859,436 | ||||||
3.000%, 05/01/43 |
10,839 | 9,665 | ||||||
3.000%, 07/01/43 |
2,112,034 | 1,883,234 | ||||||
3.000%, 09/01/43 |
566,362 | 505,007 | ||||||
3.000%, 05/01/45 |
1,334,814 | 1,181,703 |
BHFTII-151
Table of Contents
Brighthouse Funds Trust II
MetLife Aggregate Bond Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
U.S. Treasury & Government Agencies(Continued)
Security Description | Principal Amount* |
Value | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Fannie Mae 30 Yr. Pool | ||||||||
3.000%, 05/01/46 |
748,024 | $ | 662,053 | |||||
3.000%, 06/01/46 |
1,024,924 | 907,129 | ||||||
3.000%, 08/01/46 |
1,098,821 | 972,533 | ||||||
3.000%, 02/01/47 |
1,519,645 | 1,344,991 | ||||||
3.000%, 11/01/49 |
683,301 | 599,567 | ||||||
3.000%, 12/01/49 |
1,232,195 | 1,081,199 | ||||||
3.000%, 01/01/50 |
1,279,344 | 1,122,570 | ||||||
3.000%, 02/01/50 |
624,929 | 548,348 | ||||||
3.000%, 05/01/50 |
2,558,836 | 2,243,528 | ||||||
3.000%, 07/01/50 |
945,835 | 828,921 | ||||||
3.000%, 08/01/50 |
3,876,836 | 3,396,877 | ||||||
3.000%, 11/01/51 |
2,682,321 | 2,339,236 | ||||||
3.000%, 12/01/51 |
2,293,989 | 1,999,153 | ||||||
3.000%, 04/01/52 |
3,891,592 | 3,385,224 | ||||||
3.000%, 05/01/52 |
5,877,981 | 5,112,006 | ||||||
3.000%, 06/01/52 |
3,441,168 | 2,992,073 | ||||||
3.500%, 12/01/40 |
443,579 | 410,271 | ||||||
3.500%, 03/01/42 |
465,618 | 430,428 | ||||||
3.500%, 05/01/42 |
780,408 | 721,427 | ||||||
3.500%, 06/01/42 |
538,244 | 497,565 | ||||||
3.500%, 08/01/42 |
325,327 | 300,740 | ||||||
3.500%, 09/01/42 |
1,452,936 | 1,343,126 | ||||||
3.500%, 01/01/43 |
526,294 | 486,518 | ||||||
3.500%, 06/01/43 |
682,499 | 621,358 | ||||||
3.500%, 08/01/44 |
717,242 | 657,164 | ||||||
3.500%, 02/01/45 |
779,250 | 713,978 | ||||||
3.500%, 03/01/45 |
827,826 | 757,589 | ||||||
3.500%, 04/01/45 |
498,806 | 456,484 | ||||||
3.500%, 09/01/45 |
668,158 | 611,469 | ||||||
3.500%, 11/01/45 |
682,336 | 624,443 | ||||||
3.500%, 01/01/46 |
819,013 | 749,524 | ||||||
3.500%, 03/01/46 |
765,496 | 700,001 | ||||||
3.500%, 05/01/46 |
544,347 | 497,774 | ||||||
3.500%, 11/01/47 |
1,278,936 | 1,169,214 | ||||||
3.500%, 03/01/48 |
1,033,475 | 944,243 | ||||||
3.500%, 02/01/49 |
251,274 | 229,579 | ||||||
3.500%, 08/01/49 |
295,895 | 268,989 | ||||||
3.500%, 10/01/49 |
619,726 | 563,374 | ||||||
3.500%, 01/01/50 |
410,368 | 373,053 | ||||||
3.500%, 02/01/50 |
200,692 | 182,443 | ||||||
3.500%, 05/01/50 |
928,314 | 840,684 | ||||||
3.500%, 02/01/51 |
1,598,635 | 1,445,265 | ||||||
3.500%, 04/01/52 |
3,886,119 | 3,497,337 | ||||||
3.500%, 06/01/52 |
1,962,212 | 1,765,600 | ||||||
3.500%, 08/01/52 |
5,956,214 | 5,358,482 | ||||||
4.000%, 08/01/39 |
305,298 | 290,852 | ||||||
4.000%, 09/01/39 |
251,916 | 239,996 | ||||||
4.000%, 12/01/39 |
308,883 | 294,268 | ||||||
4.000%, 06/01/40 |
293,692 | 279,701 | ||||||
4.000%, 09/01/40 |
189,794 | 180,753 | ||||||
4.000%, 12/01/40 |
1,737,964 | 1,655,170 | ||||||
4.000%, 01/01/41 |
726,235 | 691,638 | ||||||
4.000%, 12/01/41 |
302,407 | 287,903 | ||||||
4.000%, 02/01/42 |
410,310 | 390,631 | ||||||
4.000%, 09/01/43 |
558,279 | 530,401 | ||||||
4.000%, 05/01/44 |
573,705 | 544,724 | ||||||
4.000%, 08/01/44 |
962,084 | 913,484 | ||||||
4.000%, 10/01/44 |
291,353 | 276,635 | ||||||
4.000%, 11/01/44 |
842,769 | 794,350 | ||||||
4.000%, 01/01/45 |
692,111 | 657,148 | ||||||
4.000%, 03/01/45 |
450,044 | 426,875 | ||||||
4.000%, 10/01/45 |
646,591 | 613,303 | ||||||
4.000%, 03/01/47 |
197,001 | 185,602 | ||||||
4.000%, 05/01/47 |
205,570 | 193,676 | ||||||
4.000%, 06/01/47 |
1,428,954 | 1,345,912 | ||||||
4.000%, 07/01/47 |
336,484 | 317,015 | ||||||
4.000%, 10/01/47 |
501,181 | 472,183 | ||||||
4.000%, 05/01/48 |
564,412 | 531,570 | ||||||
4.000%, 06/01/48 |
473,686 | 446,123 | ||||||
4.000%, 07/01/48 |
357,681 | 336,868 | ||||||
4.000%, 09/01/48 |
172,176 | 162,158 | ||||||
4.000%, 10/01/48 |
270,196 | 254,474 | ||||||
4.000%, 11/01/48 |
331,392 | 312,109 | ||||||
4.000%, 04/01/49 |
553,932 | 520,386 | ||||||
4.000%, 02/01/50 |
594,915 | 558,887 | ||||||
4.000%, 03/01/50 |
645,772 | 606,664 | ||||||
4.000%, 09/01/50 |
490,148 | 458,832 | ||||||
4.000%, 07/01/52 |
3,209,800 | 2,976,969 | ||||||
4.000%, 09/01/52 |
3,982,406 | 3,693,532 | ||||||
4.500%, 08/01/33 |
50,575 | 49,526 | ||||||
4.500%, 10/01/33 |
65,709 | 64,345 | ||||||
4.500%, 04/01/34 |
50,560 | 49,503 | ||||||
4.500%, 01/01/39 |
8,427 | 8,263 | ||||||
4.500%, 07/01/39 |
454,113 | 444,972 | ||||||
4.500%, 09/01/39 |
548,244 | 537,209 | ||||||
4.500%, 10/01/39 |
343,377 | 336,465 | ||||||
4.500%, 05/01/40 |
434,472 | 425,472 | ||||||
4.500%, 08/01/40 |
495,911 | 485,639 | ||||||
4.500%, 11/01/40 |
277,465 | 271,718 | ||||||
4.500%, 12/01/40 |
655,218 | 641,645 | ||||||
4.500%, 04/01/41 |
1,661,181 | 1,626,679 | ||||||
4.500%, 05/01/41 |
338,009 | 330,978 | ||||||
4.500%, 03/01/44 |
240,817 | 235,127 | ||||||
4.500%, 08/01/47 |
489,787 | 474,943 | ||||||
4.500%, 10/01/48 |
245,865 | 237,617 | ||||||
4.500%, 12/01/48 |
325,200 | 314,290 | ||||||
4.500%, 08/01/52 |
1,973,154 | 1,879,002 | ||||||
4.500%, 09/01/52 |
2,984,632 | 2,842,215 | ||||||
5.000%, 07/01/33 |
37,112 | 37,166 | ||||||
5.000%, 08/01/33 |
164,310 | 164,552 | ||||||
5.000%, 09/01/33 |
58,844 | 58,931 | ||||||
5.000%, 10/01/33 |
614,149 | 615,054 | ||||||
5.000%, 03/01/34 |
73,132 | 73,240 | ||||||
5.000%, 04/01/34 |
150,601 | 150,820 | ||||||
5.000%, 05/01/34 |
25,013 | 25,049 | ||||||
5.000%, 09/01/34 |
107,908 | 108,064 | ||||||
5.000%, 02/01/35 |
45,394 | 45,460 | ||||||
5.000%, 04/01/35 |
12,601 | 12,622 | ||||||
5.000%, 05/01/35 |
15,016 | 15,040 | ||||||
5.000%, 11/01/35 |
43,586 | 43,657 |
BHFTII-152
Table of Contents
Brighthouse Funds Trust II
MetLife Aggregate Bond Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
U.S. Treasury & Government Agencies(Continued)
Security Description | Principal Amount* |
Value | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Fannie Mae 30 Yr. Pool | ||||||||
5.000%, 03/01/36 |
158,279 | $ | 158,537 | |||||
5.000%, 07/01/37 |
115,409 | 115,838 | ||||||
5.000%, 01/01/39 |
123,639 | 124,099 | ||||||
5.000%, 04/01/40 |
355,436 | 357,483 | ||||||
5.000%, 07/01/41 |
235,936 | 237,335 | ||||||
5.000%, 04/01/49 |
405,224 | 400,085 | ||||||
5.000%, 10/01/52 |
1,989,971 | 1,940,094 | ||||||
5.500%, 10/01/32 |
10,254 | 10,430 | ||||||
5.500%, 02/01/33 |
31,021 | 31,552 | ||||||
5.500%, 03/01/33 |
5,996 | 6,104 | ||||||
5.500%, 08/01/33 |
91,742 | 93,397 | ||||||
5.500%, 10/01/33 |
39,116 | 39,822 | ||||||
5.500%, 12/01/33 |
183,918 | 187,235 | ||||||
5.500%, 02/01/34 |
35,893 | 36,595 | ||||||
5.500%, 03/01/34 |
28,165 | 28,717 | ||||||
5.500%, 04/01/34 |
13,227 | 13,486 | ||||||
5.500%, 09/01/34 |
60,741 | 61,931 | ||||||
5.500%, 12/01/34 |
40,795 | 41,593 | ||||||
5.500%, 01/01/35 |
41,937 | 42,759 | ||||||
5.500%, 04/01/35 |
7,938 | 8,123 | ||||||
5.500%, 06/01/35 |
42,921 | 43,918 | ||||||
5.500%, 01/01/37 |
52,705 | 54,008 | ||||||
5.500%, 05/01/37 |
43,122 | 44,179 | ||||||
5.500%, 05/01/38 |
27,747 | 28,427 | ||||||
5.500%, 06/01/38 |
28,593 | 29,293 | ||||||
6.000%, 08/01/28 |
311 | 318 | ||||||
6.000%, 11/01/28 |
156 | 160 | ||||||
6.000%, 12/01/28 |
245 | 251 | ||||||
6.000%, 06/01/31 |
24,174 | 24,795 | ||||||
6.000%, 09/01/32 |
26,623 | 27,379 | ||||||
6.000%, 01/01/33 |
4,695 | 4,828 | ||||||
6.000%, 02/01/33 |
31,394 | 32,285 | ||||||
6.000%, 03/01/33 |
31,297 | 32,555 | ||||||
6.000%, 04/01/33 |
67,769 | 70,495 | ||||||
6.000%, 05/01/33 |
65,875 | 68,525 | ||||||
6.000%, 05/01/34 |
57,378 | 59,848 | ||||||
6.000%, 09/01/34 |
54,611 | 56,962 | ||||||
6.000%, 01/01/35 |
30,015 | 31,307 | ||||||
6.000%, 07/01/36 |
9,831 | 10,256 | ||||||
6.000%, 09/01/36 |
41,680 | 43,481 | ||||||
6.000%, 07/01/37 |
40,634 | 42,395 | ||||||
6.000%, 08/01/37 |
70,844 | 73,914 | ||||||
6.000%, 10/01/37 |
41,088 | 42,868 | ||||||
6.000%, 12/01/38 |
43,663 | 45,571 | ||||||
6.500%, 05/01/28 |
10,344 | 10,649 | ||||||
6.500%, 12/01/28 |
39,646 | 40,247 | ||||||
6.500%, 03/01/29 |
1,071 | 1,102 | ||||||
6.500%, 04/01/29 |
8,916 | 9,213 | ||||||
6.500%, 05/01/29 |
243 | 245 | ||||||
6.500%, 08/01/29 |
361 | 370 | ||||||
6.500%, 05/01/30 |
9,377 | 9,510 | ||||||
6.500%, 09/01/31 |
2,909 | 2,977 | ||||||
6.500%, 06/01/32 |
6,662 | 7,016 | ||||||
6.500%, 10/01/33 |
14,299 | 14,448 | ||||||
6.500%, 10/01/34 |
91,916 | 96,943 | ||||||
6.500%, 10/01/37 |
12,614 | 13,238 | ||||||
7.000%, 06/01/26 |
149 | 150 | ||||||
7.000%, 06/01/28 |
4,181 | 4,233 | ||||||
7.000%, 10/01/29 |
2,035 | 2,132 | ||||||
7.000%, 06/01/32 |
20,667 | 21,840 | ||||||
7.000%, 10/01/37 |
58,598 | 63,450 | ||||||
7.500%, 09/01/25 |
801 | 819 | ||||||
7.500%, 06/01/26 |
861 | 883 | ||||||
7.500%, 07/01/29 |
2,789 | 2,926 | ||||||
7.500%, 10/01/29 |
1,675 | 1,709 | ||||||
8.000%, 11/01/29 |
40 | 43 | ||||||
8.000%, 05/01/30 |
11,644 | 12,131 | ||||||
8.000%, 11/01/30 |
531 | 558 | ||||||
8.000%, 01/01/31 |
606 | 632 | ||||||
8.000%, 02/01/31 |
1,454 | 1,558 | ||||||
Fannie Mae-ACES | ||||||||
1.610%, 03/25/31 |
1,136,092 | 1,033,114 | ||||||
2.190%, 01/25/30 |
1,435,000 | 1,226,594 | ||||||
Freddie Mac 15 Yr. Gold Pool | ||||||||
2.500%, 12/01/27 |
275,484 | 259,808 | ||||||
2.500%, 04/01/28 |
538,612 | 507,849 | ||||||
2.500%, 12/01/29 |
756,869 | 712,780 | ||||||
2.500%, 01/01/31 |
1,087,385 | 1,015,053 | ||||||
2.500%, 01/01/32 |
1,854,359 | 1,726,746 | ||||||
3.000%, 03/01/27 |
233,241 | 224,146 | ||||||
3.000%, 05/01/27 |
319,523 | 307,358 | ||||||
3.000%, 11/01/28 |
454,925 | 436,793 | ||||||
3.000%, 05/01/31 |
965,918 | 908,417 | ||||||
3.500%, 12/01/25 |
197,899 | 192,728 | ||||||
3.500%, 05/01/26 |
71,231 | 69,408 | ||||||
3.500%, 09/01/30 |
753,852 | 721,750 | ||||||
4.000%, 05/01/25 |
76,871 | 75,319 | ||||||
4.000%, 08/01/25 |
42,358 | 41,503 | ||||||
4.000%, 10/01/25 |
77,481 | 75,916 | ||||||
5.500%, 01/01/24 |
9,850 | 9,881 | ||||||
Freddie Mac 15 Yr. Pool | ||||||||
1.500%, 03/01/36 |
1,592,131 | 1,365,110 | ||||||
1.500%, 05/01/36 |
4,178,083 | 3,582,334 | ||||||
2.000%, 10/01/35 |
2,493,687 | 2,200,871 | ||||||
2.000%, 11/01/35 |
1,966,505 | 1,735,592 | ||||||
2.000%, 06/01/36 |
2,472,864 | 2,178,820 | ||||||
2.500%, 08/01/35 |
1,295,388 | 1,175,198 | ||||||
3.000%, 10/01/32 |
479,569 | 450,266 | ||||||
3.000%, 03/01/35 |
768,352 | 720,519 | ||||||
Freddie Mac 20 Yr. Gold Pool | ||||||||
3.000%, 04/01/33 |
886,299 | 809,226 | ||||||
3.000%, 02/01/37 |
935,475 | 853,567 | ||||||
3.500%, 04/01/32 |
565,958 | 533,440 | ||||||
4.000%, 01/01/31 |
212,323 | 204,864 | ||||||
4.000%, 08/01/31 |
232,655 | 224,420 | ||||||
4.500%, 05/01/29 |
50,686 | 49,800 | ||||||
5.000%, 03/01/27 |
21,942 | 21,572 | ||||||
Freddie Mac 20 Yr. Pool | ||||||||
1.500%, 01/01/42 |
2,866,318 | 2,295,025 | ||||||
2.000%, 03/01/41 |
2,071,130 | 1,738,229 |
BHFTII-153
Table of Contents
Brighthouse Funds Trust II
MetLife Aggregate Bond Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
U.S. Treasury & Government Agencies(Continued)
Security Description | Principal Amount* |
Value | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Freddie Mac 20 Yr. Pool | ||||||||
2.000%, 12/01/41 |
2,827,956 | $ | 2,367,495 | |||||
2.500%, 02/01/41 |
1,532,071 | 1,317,922 | ||||||
Freddie Mac 30 Yr. Gold Pool | ||||||||
3.000%, 10/01/42 |
976,038 | 872,542 | ||||||
3.000%, 01/01/43 |
704,527 | 629,821 | ||||||
3.000%, 03/01/43 |
642,375 | 574,259 | ||||||
3.000%, 04/01/43 |
1,497,508 | 1,336,652 | ||||||
3.000%, 06/01/43 |
969,582 | 865,434 | ||||||
3.000%, 06/01/45 |
1,045,015 | 926,112 | ||||||
3.000%, 06/01/46 |
1,034,449 | 916,493 | ||||||
3.000%, 11/01/46 |
1,159,389 | 1,027,186 | ||||||
3.000%, 01/01/47 |
2,045,203 | 1,811,993 | ||||||
3.500%, 01/01/42 |
332,450 | 307,756 | ||||||
3.500%, 03/01/42 |
302,357 | 279,793 | ||||||
3.500%, 02/01/43 |
520,074 | 481,263 | ||||||
3.500%, 05/01/43 |
788,471 | 728,668 | ||||||
3.500%, 06/01/43 |
455,939 | 421,358 | ||||||
3.500%, 06/01/44 |
378,573 | 347,201 | ||||||
3.500%, 10/01/44 |
482,969 | 442,946 | ||||||
3.500%, 12/01/44 |
574,018 | 526,450 | ||||||
3.500%, 05/01/45 |
738,672 | 676,723 | ||||||
3.500%, 11/01/45 |
719,139 | 658,829 | ||||||
3.500%, 12/01/45 |
444,160 | 406,910 | ||||||
3.500%, 03/01/46 |
1,276,130 | 1,168,679 | ||||||
3.500%, 06/01/47 |
587,439 | 537,635 | ||||||
3.500%, 08/01/47 |
378,581 | 346,485 | ||||||
3.500%, 11/01/47 |
505,554 | 462,693 | ||||||
4.000%, 06/01/39 |
195,884 | 186,792 | ||||||
4.000%, 12/01/39 |
369,889 | 352,722 | ||||||
4.000%, 11/01/40 |
270,496 | 257,869 | ||||||
4.000%, 04/01/41 |
318,650 | 303,675 | ||||||
4.000%, 09/01/41 |
284,617 | 271,241 | ||||||
4.000%, 10/01/41 |
784,832 | 747,946 | ||||||
4.000%, 11/01/41 |
248,528 | 236,847 | ||||||
4.000%, 07/01/44 |
618,643 | 588,001 | ||||||
4.000%, 10/01/44 |
476,045 | 452,466 | ||||||
4.000%, 07/01/45 |
756,354 | 718,180 | ||||||
4.000%, 01/01/46 |
692,226 | 657,289 | ||||||
4.000%, 02/01/46 |
390,103 | 370,414 | ||||||
4.000%, 06/01/47 |
622,869 | 587,395 | ||||||
4.000%, 10/01/47 |
332,092 | 313,179 | ||||||
4.000%, 11/01/47 |
316,869 | 298,823 | ||||||
4.000%, 03/01/48 |
500,739 | 472,221 | ||||||
4.000%, 05/01/48 |
229,679 | 216,534 | ||||||
4.000%, 10/01/48 |
254,839 | 240,254 | ||||||
4.000%, 11/01/48 |
306,966 | 289,397 | ||||||
4.000%, 01/01/49 |
181,182 | 170,812 | ||||||
4.500%, 10/01/35 |
110,389 | 108,140 | ||||||
4.500%, 06/01/38 |
161,386 | 158,098 | ||||||
4.500%, 02/01/39 |
96,292 | 94,516 | ||||||
4.500%, 03/01/39 |
124,020 | 121,645 | ||||||
4.500%, 04/01/39 |
159,519 | 156,464 | ||||||
4.500%, 09/01/39 |
170,538 | 167,272 | ||||||
4.500%, 10/01/39 |
422,138 | 414,054 | ||||||
4.500%, 11/01/39 |
122,138 | 119,799 | ||||||
4.500%, 01/01/40 |
122,310 | 119,968 | ||||||
4.500%, 05/01/40 |
170,034 | 166,674 | ||||||
4.500%, 11/01/40 |
250,735 | 245,780 | ||||||
4.500%, 02/01/41 |
49,052 | 48,080 | ||||||
4.500%, 05/01/41 |
171,677 | 168,273 | ||||||
4.500%, 06/01/41 |
104,752 | 102,675 | ||||||
4.500%, 12/01/43 |
205,538 | 201,420 | ||||||
4.500%, 12/01/45 |
303,856 | 296,972 | ||||||
4.500%, 08/01/47 |
451,086 | 437,869 | ||||||
4.500%, 08/01/48 |
187,291 | 181,190 | ||||||
4.500%, 10/01/48 |
326,149 | 315,525 | ||||||
4.500%, 12/01/48 |
206,627 | 199,897 | ||||||
5.000%, 10/01/33 |
182,306 | 182,781 | ||||||
5.000%, 03/01/34 |
26,024 | 26,091 | ||||||
5.000%, 08/01/35 |
154,391 | 154,817 | ||||||
5.000%, 09/01/35 |
48,335 | 48,468 | ||||||
5.000%, 10/01/35 |
7,684 | 7,706 | ||||||
5.000%, 01/01/36 |
129,907 | 130,264 | ||||||
5.000%, 04/01/38 |
84,465 | 84,951 | ||||||
5.000%, 11/01/39 |
382,793 | 385,182 | ||||||
5.000%, 05/01/40 |
413,405 | 416,250 | ||||||
5.500%, 06/01/34 |
33,562 | 34,258 | ||||||
5.500%, 10/01/35 |
77,637 | 79,532 | ||||||
5.500%, 01/01/36 |
84,671 | 86,738 | ||||||
5.500%, 12/01/37 |
99,881 | 102,468 | ||||||
5.500%, 04/01/38 |
50,067 | 51,349 | ||||||
5.500%, 07/01/38 |
54,102 | 55,488 | ||||||
6.000%, 11/01/28 |
1,845 | 1,893 | ||||||
6.000%, 12/01/28 |
1,379 | 1,414 | ||||||
6.000%, 04/01/29 |
684 | 702 | ||||||
6.000%, 06/01/31 |
1,000 | 1,027 | ||||||
6.000%, 07/01/31 |
207 | 213 | ||||||
6.000%, 09/01/31 |
34,529 | 35,455 | ||||||
6.000%, 11/01/32 |
6,653 | 6,849 | ||||||
6.000%, 11/01/35 |
31,091 | 32,475 | ||||||
6.000%, 02/01/36 |
38,056 | 39,750 | ||||||
6.000%, 08/01/36 |
16,164 | 16,881 | ||||||
6.000%, 01/01/37 |
21,524 | 22,478 | ||||||
6.500%, 02/01/30 |
3,376 | 3,478 | ||||||
6.500%, 08/01/31 |
2,612 | 2,740 | ||||||
6.500%, 11/01/31 |
5,767 | 6,059 | ||||||
6.500%, 03/01/32 |
98,331 | 103,040 | ||||||
6.500%, 04/01/32 |
94,480 | 99,096 | ||||||
6.500%, 11/01/37 |
29,990 | 31,969 | ||||||
7.000%, 12/01/27 |
351 | 364 | ||||||
7.000%, 11/01/28 |
544 | 567 | ||||||
7.000%, 04/01/29 |
1,067 | 1,119 | ||||||
7.000%, 05/01/29 |
222 | 227 | ||||||
7.000%, 07/01/29 |
139 | 141 | ||||||
7.000%, 01/01/31 |
31,051 | 31,844 | ||||||
7.500%, 10/01/27 |
2,235 | 2,325 | ||||||
7.500%, 10/01/29 |
3,295 | 3,490 | ||||||
7.500%, 05/01/30 |
5,935 | 6,233 | ||||||
8.000%, 02/01/27 |
803 | 834 | ||||||
8.000%, 10/01/28 |
1,372 | 1,437 |
BHFTII-154
Table of Contents
Brighthouse Funds Trust II
MetLife Aggregate Bond Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
U.S. Treasury & Government Agencies(Continued)
Security Description | Principal Amount* |
Value | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Freddie Mac 30 Yr. Pool | ||||||||
1.500%, 03/01/51 |
887,606 | $ | 682,652 | |||||
1.500%, 04/01/51 |
4,490,587 | 3,453,221 | ||||||
1.500%, 05/01/51 |
2,264,476 | 1,741,130 | ||||||
2.000%, 10/01/50 |
3,835,340 | 3,122,817 | ||||||
2.000%, 11/01/50 |
3,962,458 | 3,226,011 | ||||||
2.000%, 12/01/50 |
6,475,229 | 5,271,268 | ||||||
2.000%, 01/01/51 |
9,872,246 | 8,035,901 | ||||||
2.000%, 02/01/51 |
4,154,450 | 3,381,355 | ||||||
2.000%, 05/01/51 |
5,718,047 | 4,637,192 | ||||||
2.000%, 06/01/51 |
1,796,925 | 1,457,121 | ||||||
2.000%, 07/01/51 |
5,455,904 | 4,423,754 | ||||||
2.000%, 08/01/51 |
4,488,154 | 3,638,735 | ||||||
2.000%, 12/01/51 |
6,661,670 | 5,398,829 | ||||||
2.500%, 03/01/50 |
1,661,245 | 1,406,906 | ||||||
2.500%, 07/01/50 |
4,340,199 | 3,671,012 | ||||||
2.500%, 09/01/50 |
3,009,443 | 2,543,808 | ||||||
2.500%, 10/01/50 |
2,434,360 | 2,057,046 | ||||||
2.500%, 12/01/50 |
3,353,108 | 2,831,578 | ||||||
2.500%, 04/01/51 |
4,430,708 | 3,735,861 | ||||||
2.500%, 07/01/51 |
6,082,561 | 5,125,834 | ||||||
2.500%, 08/01/51 |
4,242,444 | 3,574,492 | ||||||
2.500%, 12/01/51 |
2,350,280 | 1,978,783 | ||||||
3.000%, 01/01/48 |
439,737 | 389,293 | ||||||
3.000%, 09/01/49 |
989,057 | 867,880 | ||||||
3.000%, 12/01/49 |
1,275,001 | 1,118,790 | ||||||
3.000%, 02/01/50 |
647,937 | 568,553 | ||||||
3.000%, 04/01/50 |
1,149,668 | 1,008,249 | ||||||
3.000%, 05/01/50 |
1,097,913 | 962,649 | ||||||
3.000%, 07/01/50 |
973,773 | 853,427 | ||||||
3.000%, 11/01/50 |
1,063,133 | 930,923 | ||||||
3.500%, 10/01/47 |
522,524 | 477,717 | ||||||
3.500%, 04/01/49 |
351,335 | 319,391 | ||||||
3.500%, 05/01/49 |
226,586 | 205,985 | ||||||
3.500%, 10/01/49 |
479,275 | 435,699 | ||||||
3.500%, 03/01/50 |
649,929 | 590,836 | ||||||
3.500%, 06/01/50 |
1,255,096 | 1,136,195 | ||||||
3.500%, 08/01/50 |
1,773,730 | 1,605,423 | ||||||
4.000%, 02/01/49 |
175,074 | 164,891 | ||||||
4.000%, 06/01/49 |
352,890 | 331,525 | ||||||
4.500%, 01/01/49 |
181,229 | 175,146 | ||||||
Freddie Mac Multifamily Structured Pass-Through Certificates | ||||||||
2.519%, 07/25/29 |
2,250,000 | 1,991,593 | ||||||
2.785%, 06/25/29 |
1,800,000 | 1,623,300 | ||||||
3.117%, 06/25/27 |
1,000,000 | 939,736 | ||||||
3.187%, 09/25/27 (a) |
1,265,000 | 1,188,557 | ||||||
3.194%, 07/25/27 |
685,000 | 644,748 | ||||||
3.780%, 10/25/28 (a) |
4,000,000 | 3,819,703 | ||||||
3.920%, 09/25/28 (a) |
2,900,000 | 2,806,352 | ||||||
3.926%, 07/25/28 (a) |
2,500,000 | 2,418,032 | ||||||
Ginnie Mae I 15 Yr. Pool | ||||||||
3.000%, 08/15/28 |
475,083 | 447,004 | ||||||
Ginnie Mae I 30 Yr. Pool | ||||||||
3.000%, 11/15/42 |
671,349 | 605,935 | ||||||
3.000%, 12/15/42 |
726,028 | 655,286 | ||||||
3.000%, 02/15/43 |
504,728 | 455,549 | ||||||
3.000%, 03/15/43 |
548,780 | 494,986 | ||||||
3.000%, 07/15/43 |
497,265 | 448,521 | ||||||
3.500%, 02/15/42 |
178,468 | 165,748 | ||||||
4.000%, 07/15/39 |
420,582 | 402,386 | ||||||
4.000%, 07/15/40 |
223,782 | 214,077 | ||||||
4.500%, 01/15/39 |
83,877 | 82,470 | ||||||
4.500%, 04/15/39 |
223,747 | 219,964 | ||||||
4.500%, 05/15/39 |
462,816 | 454,989 | ||||||
4.500%, 08/15/39 |
177,198 | 174,201 | ||||||
4.500%, 01/15/40 |
200,814 | 197,418 | ||||||
4.500%, 04/15/40 |
96,615 | 94,994 | ||||||
4.500%, 02/15/41 |
52,244 | 51,368 | ||||||
4.500%, 04/15/41 |
69,847 | 68,666 | ||||||
5.000%, 12/15/35 |
87,644 | 89,489 | ||||||
5.000%, 12/15/36 |
18,839 | 18,965 | ||||||
5.000%, 01/15/39 |
248,988 | 254,739 | ||||||
5.000%, 02/15/39 |
48,391 | 49,647 | ||||||
5.000%, 08/15/39 |
280,975 | 287,713 | ||||||
5.000%, 09/15/39 |
45,882 | 46,965 | ||||||
5.000%, 12/15/39 |
174,549 | 178,890 | ||||||
5.000%, 05/15/40 |
149,550 | 152,860 | ||||||
5.500%, 03/15/36 |
48,442 | 49,647 | ||||||
5.500%, 09/15/38 |
18,492 | 18,871 | ||||||
5.500%, 08/15/39 |
58,657 | 61,342 | ||||||
6.000%, 01/15/29 |
960 | 977 | ||||||
6.000%, 01/15/33 |
68,891 | 71,942 | ||||||
6.000%, 03/15/35 |
52,936 | 55,775 | ||||||
6.000%, 12/15/35 |
45,921 | 47,945 | ||||||
6.000%, 09/15/36 |
38,728 | 40,521 | ||||||
6.000%, 07/15/38 |
105,021 | 111,174 | ||||||
6.500%, 05/15/23 |
55 | 55 | ||||||
6.500%, 02/15/27 |
5,182 | 5,260 | ||||||
6.500%, 07/15/28 |
2,735 | 2,786 | ||||||
6.500%, 08/15/28 |
3,482 | 3,572 | ||||||
6.500%, 11/15/28 |
1,696 | 1,752 | ||||||
6.500%, 12/15/28 |
3,948 | 4,025 | ||||||
6.500%, 07/15/29 |
1,311 | 1,333 | ||||||
6.500%, 05/15/36 |
82,069 | 87,126 | ||||||
7.000%, 01/15/28 |
584 | 602 | ||||||
7.000%, 05/15/28 |
2,919 | 2,972 | ||||||
7.000%, 06/15/28 |
3,169 | 3,282 | ||||||
7.000%, 10/15/28 |
3,813 | 3,934 | ||||||
7.000%, 09/15/29 |
394 | 394 | ||||||
7.000%, 01/15/31 |
927 | 947 | ||||||
7.000%, 03/15/31 |
483 | 499 | ||||||
7.000%, 08/15/31 |
26,201 | 27,885 | ||||||
7.000%, 07/15/32 |
10,313 | 10,991 | ||||||
8.000%, 08/15/26 |
673 | 697 | ||||||
8.000%, 09/15/26 |
694 | 700 | ||||||
Ginnie Mae II 30 Yr. Pool | ||||||||
2.000%, 11/20/50 |
4,530,353 | 3,796,827 | ||||||
2.000%, 01/20/51 |
2,352,946 | 1,971,972 | ||||||
2.000%, 03/20/51 |
4,060,764 | 3,397,519 | ||||||
2.000%, 04/20/51 |
4,153,528 | 3,473,849 | ||||||
2.000%, 05/20/51 |
9,312,130 | 7,785,428 |
BHFTII-155
Table of Contents
Brighthouse Funds Trust II
MetLife Aggregate Bond Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
U.S. Treasury & Government Agencies(Continued)
Security Description | Principal Amount* |
Value | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Ginnie Mae II 30 Yr. Pool | ||||||||
2.000%, 06/20/51 |
2,143,419 | $ | 1,791,349 | |||||
2.000%, 10/20/51 |
2,791,786 | 2,329,769 | ||||||
2.000%, 12/20/51 |
2,431,311 | 2,027,448 | ||||||
2.500%, 02/20/50 |
961,315 | 832,712 | ||||||
2.500%, 06/20/50 |
3,469,881 | 3,005,686 | ||||||
2.500%, 07/20/50 |
2,497,726 | 2,163,584 | ||||||
2.500%, 09/20/50 |
4,131,337 | 3,578,653 | ||||||
2.500%, 10/20/50 |
1,218,145 | 1,055,184 | ||||||
2.500%, 11/20/50 |
1,853,321 | 1,605,387 | ||||||
2.500%, 12/20/50 |
1,927,031 | 1,669,236 | ||||||
2.500%, 04/20/51 |
2,363,167 | 2,038,129 | ||||||
2.500%, 06/20/51 |
2,537,048 | 2,186,526 | ||||||
2.500%, 08/20/51 |
2,671,463 | 2,300,720 | ||||||
2.500%, 09/20/51 |
4,540,801 | 3,909,230 | ||||||
2.500%, 12/20/51 |
4,715,335 | 4,056,576 | ||||||
2.500%, 04/20/52 |
2,439,322 | 2,093,300 | ||||||
3.000%, 12/20/42 |
691,102 | 623,866 | ||||||
3.000%, 03/20/43 |
632,661 | 570,531 | ||||||
3.000%, 12/20/44 |
587,574 | 528,164 | ||||||
3.000%, 04/20/45 |
533,813 | 479,503 | ||||||
3.000%, 08/20/45 |
953,764 | 856,729 | ||||||
3.000%, 11/20/45 |
512,241 | 460,126 | ||||||
3.000%, 01/20/46 |
841,940 | 756,281 | ||||||
3.000%, 09/20/46 |
919,791 | 826,116 | ||||||
3.000%, 10/20/46 |
940,583 | 845,624 | ||||||
3.000%, 11/20/46 |
992,198 | 891,149 | ||||||
3.000%, 01/20/47 |
1,024,442 | 920,109 | ||||||
3.000%, 04/20/47 |
448,474 | 402,787 | ||||||
3.000%, 02/20/48 |
653,299 | 586,746 | ||||||
3.000%, 10/20/49 |
715,731 | 640,418 | ||||||
3.000%, 01/20/50 |
1,877,324 | 1,678,228 | ||||||
3.000%, 05/20/50 |
1,484,923 | 1,325,047 | ||||||
3.000%, 07/20/50 |
954,798 | 851,705 | ||||||
3.000%, 11/20/50 |
2,122,195 | 1,892,404 | ||||||
3.000%, 05/20/51 |
1,993,823 | 1,771,602 | ||||||
3.000%, 05/20/52 |
4,429,235 | 3,908,576 | ||||||
3.500%, 12/20/41 |
405,141 | 376,219 | ||||||
3.500%, 08/20/42 |
371,908 | 345,238 | ||||||
3.500%, 01/20/43 |
527,522 | 489,693 | ||||||
3.500%, 05/20/43 |
808,784 | 750,887 | ||||||
3.500%, 07/20/44 |
781,518 | 725,424 | ||||||
3.500%, 02/20/45 |
805,548 | 747,729 | ||||||
3.500%, 06/20/45 |
499,563 | 459,876 | ||||||
3.500%, 08/20/45 |
1,175,982 | 1,082,558 | ||||||
3.500%, 10/20/45 |
779,766 | 717,819 | ||||||
3.500%, 12/20/45 |
720,783 | 663,521 | ||||||
3.500%, 01/20/46 |
683,816 | 629,491 | ||||||
3.500%, 02/20/46 |
559,105 | 514,688 | ||||||
3.500%, 06/20/46 |
614,444 | 565,075 | ||||||
3.500%, 02/20/47 |
972,362 | 894,235 | ||||||
3.500%, 03/20/47 |
822,236 | 756,218 | ||||||
3.500%, 09/20/47 |
340,581 | 313,236 | ||||||
3.500%, 10/20/48 |
162,687 | 149,920 | ||||||
3.500%, 05/20/49 |
299,098 | 275,361 | ||||||
3.500%, 07/20/49 |
328,106 | 301,979 | ||||||
3.500%, 09/20/49 |
875,305 | 805,253 | ||||||
3.500%, 10/20/49 |
544,651 | 501,062 | ||||||
3.500%, 11/20/49 |
755,375 | 694,820 | ||||||
3.500%, 12/20/49 |
493,607 | 453,971 | ||||||
3.500%, 02/20/50 |
633,550 | 582,677 | ||||||
3.500%, 06/20/50 |
718,927 | 661,117 | ||||||
3.500%, 02/20/51 |
1,164,269 | 1,070,468 | ||||||
3.500%, 08/20/52 |
1,993,005 | 1,809,372 | ||||||
4.000%, 11/20/40 |
351,760 | 337,191 | ||||||
4.000%, 12/20/40 |
490,049 | 469,753 | ||||||
4.000%, 11/20/43 |
233,950 | 222,605 | ||||||
4.000%, 04/20/44 |
330,478 | 314,035 | ||||||
4.000%, 05/20/44 |
395,634 | 375,950 | ||||||
4.000%, 09/20/44 |
651,631 | 619,210 | ||||||
4.000%, 11/20/44 |
173,063 | 164,453 | ||||||
4.000%, 10/20/45 |
598,142 | 567,055 | ||||||
4.000%, 11/20/45 |
323,112 | 306,319 | ||||||
4.000%, 03/20/47 |
125,399 | 118,685 | ||||||
4.000%, 04/20/47 |
498,705 | 471,931 | ||||||
4.000%, 09/20/47 |
456,709 | 432,190 | ||||||
4.000%, 07/20/48 |
318,413 | 301,430 | ||||||
4.000%, 08/20/48 |
229,839 | 217,580 | ||||||
4.000%, 09/20/48 |
413,448 | 391,397 | ||||||
4.000%, 07/20/49 |
423,963 | 399,783 | ||||||
4.000%, 05/20/50 |
607,968 | 573,293 | ||||||
4.000%, 07/20/52 |
2,488,500 | 2,322,297 | ||||||
4.500%, 08/20/40 |
283,675 | 280,039 | ||||||
4.500%, 12/20/40 |
212,041 | 209,323 | ||||||
4.500%, 04/20/41 |
161,800 | 159,727 | ||||||
4.500%, 03/20/42 |
173,160 | 170,942 | ||||||
4.500%, 10/20/43 |
204,178 | 200,468 | ||||||
4.500%, 03/20/47 |
322,473 | 314,649 | ||||||
4.500%, 03/20/49 |
220,878 | 214,106 | ||||||
4.500%, 08/20/52 |
2,494,531 | 2,386,371 | ||||||
5.000%, 08/20/40 |
148,115 | 149,098 | ||||||
5.000%, 10/20/40 |
165,383 | 166,480 | ||||||
5.000%, 06/20/44 |
348,722 | 351,036 | ||||||
5.000%, 10/20/48 |
244,181 | 242,462 | ||||||
5.000%, 01/20/49 |
171,597 | 170,389 | ||||||
6.500%, 06/20/31 |
7,271 | 7,638 | ||||||
7.500%, 02/20/28 |
573 | 597 | ||||||
|
|
|||||||
574,222,234 | ||||||||
|
|
|||||||
Federal Agencies1.2% | ||||||||
Federal Farm Credit Banks Funding Corp. |
1,500,000 | 1,463,790 | ||||||
Federal Home Loan Banks |
4,600,000 | 4,468,854 | ||||||
3.000%, 09/10/27 |
2,000,000 | 1,892,400 | ||||||
3.250%, 11/16/28 |
2,700,000 | 2,578,149 | ||||||
Federal Home Loan Mortgage Corp. |
1,000,000 | 892,130 | ||||||
1.500%, 02/12/25 (b) |
2,500,000 | 2,344,875 | ||||||
6.250%, 07/15/32 |
1,600,000 | 1,866,928 | ||||||
6.750%, 03/15/31 |
900,000 | 1,064,835 |
BHFTII-156
Table of Contents
Brighthouse Funds Trust II
MetLife Aggregate Bond Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
U.S. Treasury & Government Agencies(Continued)
Security Description | Principal Amount* |
Value | ||||||
Federal Agencies(Continued) | ||||||||
Federal National Mortgage Association |
1,500,000 | $ | 1,273,485 | |||||
2.125%, 04/24/26 (b) |
2,500,000 | 2,328,800 | ||||||
2.625%, 09/06/24 (b) |
1,500,000 | 1,454,880 | ||||||
6.625%, 11/15/30 (b) |
1,450,000 | 1,697,297 | ||||||
Tennessee Valley Authority |
1,600,000 | 1,336,224 | ||||||
|
|
|||||||
24,662,647 | ||||||||
|
|
|||||||
U.S. Treasury40.6% | ||||||||
U.S. Treasury Bonds | ||||||||
1.125%, 05/15/40 |
7,100,000 | 4,434,172 | ||||||
1.125%, 08/15/40 |
3,200,000 | 1,981,500 | ||||||
1.250%, 05/15/50 |
9,200,000 | 5,144,812 | ||||||
1.375%, 11/15/40 |
7,500,000 | 4,846,875 | ||||||
1.375%, 08/15/50 |
7,600,000 | 4,398,500 | ||||||
1.625%, 11/15/50 (b) |
6,500,000 | 4,032,031 | ||||||
1.750%, 08/15/41 |
4,300,000 | 2,939,453 | ||||||
1.875%, 02/15/41 |
5,200,000 | 3,683,062 | ||||||
1.875%, 02/15/51 (b) |
8,800,000 | 5,823,125 | ||||||
1.875%, 11/15/51 |
6,500,000 | 4,295,078 | ||||||
2.000%, 02/15/50 |
8,000,000 | 5,493,750 | ||||||
2.000%, 08/15/51 |
7,500,000 | 5,119,922 | ||||||
2.250%, 05/15/41 |
3,700,000 | 2,796,391 | ||||||
2.250%, 08/15/46 |
3,000,000 | 2,159,063 | ||||||
2.250%, 08/15/49 |
6,000,000 | 4,386,562 | ||||||
2.250%, 02/15/52 |
2,100,000 | 1,524,797 | ||||||
2.375%, 05/15/51 |
5,100,000 | 3,813,844 | ||||||
2.500%, 05/15/46 |
4,800,000 | 3,636,000 | ||||||
2.750%, 08/15/42 |
4,820,000 | 3,913,237 | ||||||
2.750%, 11/15/42 |
1,200,000 | 971,625 | ||||||
2.750%, 08/15/47 (b) |
3,000,000 | 2,396,250 | ||||||
2.750%, 11/15/47 (b) |
800,000 | 639,500 | ||||||
2.875%, 05/15/43 |
3,260,000 | 2,684,916 | ||||||
2.875%, 08/15/45 (b) |
3,700,000 | 3,017,234 | ||||||
2.875%, 11/15/46 (b) |
4,600,000 | 3,753,312 | ||||||
2.875%, 05/15/49 |
2,300,000 | 1,916,188 | ||||||
3.000%, 11/15/44 |
2,600,000 | 2,170,188 | ||||||
3.000%, 05/15/45 |
3,100,000 | 2,587,047 | ||||||
3.000%, 02/15/47 (b) |
3,000,000 | 2,506,875 | ||||||
3.000%, 05/15/47 (b) |
2,800,000 | 2,341,938 | ||||||
3.000%, 08/15/48 (b) |
9,700,000 | 8,198,016 | ||||||
3.000%, 02/15/49 |
7,300,000 | 6,224,391 | ||||||
3.125%, 11/15/41 |
3,000,000 | 2,609,063 | ||||||
3.125%, 02/15/43 |
3,270,000 | 2,809,134 | ||||||
3.125%, 08/15/44 |
4,700,000 | 4,014,094 | ||||||
3.250%, 05/15/42 |
3,100,000 | 2,750,766 | ||||||
3.375%, 05/15/44 |
3,000,000 | 2,674,219 | ||||||
3.375%, 11/15/48 |
5,000,000 | 4,549,219 | ||||||
3.500%, 02/15/39 |
1,872,000 | 1,781,033 | ||||||
3.625%, 08/15/43 |
2,600,000 | 2,422,469 | ||||||
3.625%, 02/15/44 |
2,420,000 | 2,246,819 | ||||||
3.750%, 08/15/41 |
2,800,000 | 2,682,750 | ||||||
4.250%, 05/15/39 |
2,200,000 | 2,292,469 | ||||||
4.250%, 11/15/40 |
1,780,000 | 1,836,738 | ||||||
4.375%, 11/15/39 |
1,900,000 | 2,005,094 | ||||||
4.375%, 05/15/40 |
1,220,000 | 1,283,097 | ||||||
4.375%, 05/15/41 (b) |
1,350,000 | 1,413,492 | ||||||
4.500%, 02/15/36 |
600,000 | 648,469 | ||||||
4.500%, 05/15/38 |
1,500,000 | 1,616,016 | ||||||
4.625%, 02/15/40 |
1,300,000 | 1,412,938 | ||||||
5.000%, 05/15/37 (b) |
1,560,000 | 1,769,625 | ||||||
5.250%, 02/15/29 |
750,000 | 799,805 | ||||||
6.250%, 05/15/30 |
2,500,000 | 2,875,391 | ||||||
U.S. Treasury Notes | ||||||||
0.125%, 10/15/23 |
15,000,000 | 14,368,359 | ||||||
0.250%, 03/15/24 (b) |
14,000,000 | 13,198,828 | ||||||
0.250%, 06/15/24 (b) |
7,000,000 | 6,536,797 | ||||||
0.250%, 07/31/25 |
7,000,000 | 6,255,703 | ||||||
0.250%, 08/31/25 |
5,100,000 | 4,542,586 | ||||||
0.250%, 09/30/25 (b) |
9,000,000 | 7,998,047 | ||||||
0.375%, 04/15/24 |
4,000,000 | 3,765,313 | ||||||
0.375%, 07/15/24 (b) |
13,000,000 | 12,136,211 | ||||||
0.375%, 08/15/24 |
7,000,000 | 6,511,094 | ||||||
0.375%, 09/15/24 |
10,100,000 | 9,366,961 | ||||||
0.375%, 04/30/25 |
7,200,000 | 6,521,063 | ||||||
0.375%, 11/30/25 |
6,100,000 | 5,407,555 | ||||||
0.375%, 12/31/25 |
12,200,000 | 10,787,469 | ||||||
0.375%, 01/31/26 |
11,200,000 | 9,865,625 | ||||||
0.375%, 07/31/27 |
3,100,000 | 2,602,547 | ||||||
0.375%, 09/30/27 |
6,300,000 | 5,255,578 | ||||||
0.500%, 03/31/25 (b) |
4,000,000 | 3,648,438 | ||||||
0.500%, 02/28/26 |
6,100,000 | 5,382,297 | ||||||
0.500%, 04/30/27 |
8,000,000 | 6,805,625 | ||||||
0.500%, 10/31/27 (b) |
7,600,000 | 6,359,062 | ||||||
0.625%, 07/31/26 |
6,100,000 | 5,336,547 | ||||||
0.625%, 11/30/27 (b) |
7,000,000 | 5,882,734 | ||||||
0.625%, 12/31/27 |
7,200,000 | 6,038,438 | ||||||
0.625%, 05/15/30 (b) |
10,000,000 | 7,878,125 | ||||||
0.625%, 08/15/30 (b) |
9,600,000 | 7,522,500 | ||||||
0.750%, 01/31/28 |
6,100,000 | 5,134,961 | ||||||
0.875%, 06/30/26 |
6,000,000 | 5,313,281 | ||||||
0.875%, 11/15/30 (b) |
12,700,000 | 10,120,312 | ||||||
1.000%, 07/31/28 |
4,000,000 | 3,369,063 | ||||||
1.125%, 02/28/25 |
3,800,000 | 3,528,062 | ||||||
1.125%, 08/31/28 |
6,000,000 | 5,079,844 | ||||||
1.125%, 02/15/31 (b) |
11,500,000 | 9,316,797 | ||||||
1.250%, 11/30/26 |
2,100,000 | 1,869,000 | ||||||
1.250%, 12/31/26 (b) |
7,600,000 | 6,750,937 | ||||||
1.250%, 03/31/28 |
5,100,000 | 4,397,156 | ||||||
1.250%, 04/30/28 |
6,000,000 | 5,160,937 | ||||||
1.250%, 06/30/28 |
5,900,000 | 5,056,484 | ||||||
1.250%, 09/30/28 |
6,000,000 | 5,107,969 | ||||||
1.250%, 08/15/31 (b) |
10,300,000 | 8,326,906 | ||||||
1.375%, 10/31/28 |
3,300,000 | 2,826,914 | ||||||
1.375%, 11/15/31 (b) |
10,200,000 | 8,290,687 | ||||||
1.500%, 10/31/24 (b) |
8,100,000 | 7,657,031 | ||||||
1.500%, 11/30/24 (b) |
7,600,000 | 7,167,750 | ||||||
1.500%, 02/15/25 |
2,100,000 | 1,968,422 | ||||||
1.500%, 08/15/26 |
5,600,000 | 5,065,375 |
BHFTII-157
Table of Contents
Brighthouse Funds Trust II
MetLife Aggregate Bond Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
U.S. Treasury & Government Agencies(Continued)
Security Description | Principal Amount* |
Value | ||||||
U.S. Treasury(Continued) | ||||||||
U.S. Treasury Notes | ||||||||
1.500%, 01/31/27 (b) |
8,000,000 | $ | 7,173,125 | |||||
1.500%, 11/30/28 (b) |
10,000,000 | 8,620,312 | ||||||
1.500%, 02/15/30 (b) |
8,300,000 | 7,044,625 | ||||||
1.625%, 02/15/26 |
6,400,000 | 5,879,000 | ||||||
1.625%, 05/15/26 |
10,900,000 | 9,962,430 | ||||||
1.625%, 09/30/26 (b) |
6,000,000 | 5,446,406 | ||||||
1.625%, 08/15/29 (b) |
4,500,000 | 3,880,547 | ||||||
1.625%, 05/15/31 |
9,800,000 | 8,227,406 | ||||||
1.750%, 06/30/24 (b) |
7,600,000 | 7,274,922 | ||||||
1.750%, 01/31/29 |
5,000,000 | 4,366,406 | ||||||
1.875%, 08/31/24 (b) |
10,200,000 | 9,752,156 | ||||||
1.875%, 06/30/26 (b) |
6,900,000 | 6,353,930 | ||||||
1.875%, 02/28/29 (b) |
2,100,000 | 1,848,328 | ||||||
1.875%, 02/15/32 |
4,100,000 | 3,476,031 | ||||||
2.000%, 05/31/24 (b) |
8,400,000 | 8,088,609 | ||||||
2.000%, 02/15/25 |
7,600,000 | 7,211,687 | ||||||
2.000%, 08/15/25 |
5,100,000 | 4,791,211 | ||||||
2.000%, 11/15/26 |
7,300,000 | 6,704,023 | ||||||
2.125%, 02/29/24 |
12,000,000 | 11,637,188 | ||||||
2.125%, 03/31/24 |
13,100,000 | 12,681,926 | ||||||
2.125%, 05/15/25 (b) |
5,500,000 | 5,209,102 | ||||||
2.125%, 05/31/26 |
6,800,000 | 6,322,406 | ||||||
2.250%, 11/15/24 |
6,700,000 | 6,425,195 | ||||||
2.250%, 11/15/25 |
10,800,000 | 10,170,562 | ||||||
2.250%, 02/15/27 |
7,800,000 | 7,210,125 | ||||||
2.250%, 08/15/27 |
6,100,000 | 5,605,328 | ||||||
2.250%, 11/15/27 |
2,600,000 | 2,378,391 | ||||||
2.375%, 08/15/24 |
13,600,000 | 13,130,906 | ||||||
2.375%, 05/15/27 |
8,000,000 | 7,414,375 | ||||||
2.375%, 05/15/29 |
6,800,000 | 6,151,875 | ||||||
2.500%, 01/31/24 |
3,900,000 | 3,806,309 | ||||||
2.500%, 05/15/24 |
10,100,000 | 9,809,230 | ||||||
2.500%, 01/31/25 |
10,100,000 | 9,701,523 | ||||||
2.500%, 02/28/26 |
6,700,000 | 6,336,211 | ||||||
2.500%, 03/31/27 |
5,100,000 | 4,763,719 | ||||||
2.625%, 12/31/23 (b) |
6,900,000 | 6,757,687 | ||||||
2.625%, 04/15/25 (b) |
8,000,000 | 7,681,875 | ||||||
2.625%, 05/31/27 (b) |
10,000,000 | 9,387,500 | ||||||
2.625%, 02/15/29 |
8,300,000 | 7,647,023 | ||||||
2.750%, 11/15/23 |
6,335,000 | 6,224,385 | ||||||
2.750%, 02/15/24 |
12,400,000 | 12,132,625 | ||||||
2.750%, 02/28/25 |
6,900,000 | 6,659,039 | ||||||
2.750%, 04/30/27 |
7,200,000 | 6,795,563 | ||||||
2.750%, 02/15/28 |
6,000,000 | 5,617,031 | ||||||
2.750%, 05/31/29 (b) |
9,500,000 | 8,800,859 | ||||||
2.875%, 04/30/25 |
8,400,000 | 8,113,875 | ||||||
2.875%, 07/31/25 |
6,600,000 | 6,358,687 | ||||||
2.875%, 05/15/28 |
5,900,000 | 5,540,930 | ||||||
2.875%, 08/15/28 |
6,000,000 | 5,627,344 | ||||||
2.875%, 05/15/32 |
4,000,000 | 3,700,625 | ||||||
3.125%, 11/15/28 |
8,000,000 | 7,599,375 | ||||||
4.250%, 09/30/24 |
11,000,000 | 11,005,157 | ||||||
|
|
|||||||
822,308,849 | ||||||||
|
|
|||||||
Total U.S. Treasury & Government Agencies |
1,421,193,730 | |||||||
|
|
|||||||
Corporate Bonds & Notes25.3% | ||||||||
Aerospace/Defense0.5% | ||||||||
Boeing Co. (The) |
3,800,000 | 3,518,762 | ||||||
5.930%, 05/01/60 |
1,100,000 | 942,403 | ||||||
7.250%, 06/15/25 |
460,000 | 479,674 | ||||||
Lockheed Martin Corp. |
523,000 | 505,553 | ||||||
4.090%, 09/15/52 |
954,000 | 795,168 | ||||||
Northrop Grumman Corp. |
1,100,000 | 1,001,935 | ||||||
Northrop Grumman Systems Corp. |
515,000 | 581,785 | ||||||
Raytheon Technologies Corp. |
1,000,000 | 919,290 | ||||||
4.500%, 06/01/42 |
1,645,000 | 1,419,734 | ||||||
7.500%, 09/15/29 (b) |
200,000 | 224,214 | ||||||
|
|
|||||||
10,388,518 | ||||||||
|
|
|||||||
Agriculture0.3% | ||||||||
Altria Group, Inc. |
1,000,000 | 984,460 | ||||||
5.950%, 02/14/49 (b) |
1,200,000 | 995,124 | ||||||
Philip Morris International, Inc. |
1,000,000 | 967,540 | ||||||
Reynolds American, Inc. |
2,800,000 | 2,708,104 | ||||||
|
|
|||||||
5,655,228 | ||||||||
|
|
|||||||
Airlines0.1% | ||||||||
Southwest Airlines Co. |
1,900,000 | 1,860,822 | ||||||
|
|
|||||||
Apparel0.1% | ||||||||
NIKE, Inc. |
2,000,000 | 1,836,820 | ||||||
|
|
|||||||
Auto Manufacturers0.4% | ||||||||
American Honda Finance Corp. |
1,000,000 | 840,620 | ||||||
2.300%, 09/09/26 |
1,100,000 | 993,366 | ||||||
General Motors Financial Co., Inc. |
1,200,000 | 1,031,676 | ||||||
4.350%, 01/17/27 (b) |
3,200,000 | 2,970,176 | ||||||
Mercedes-Benz Finance North America LLC |
550,000 | 655,781 | ||||||
Toyota Motor Credit Corp. |
2,600,000 | 2,322,840 | ||||||
|
|
|||||||
8,814,459 | ||||||||
|
|
BHFTII-158
Table of Contents
Brighthouse Funds Trust II
MetLife Aggregate Bond Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Banks5.5% | ||||||||
Banco Santander S.A. |
2,200,000 | $ | 1,966,800 | |||||
Bank of America Corp. |
3,000,000 | 1,934,010 | ||||||
2.687%, SOFR + 1.320%, 04/22/32 (a) |
2,000,000 | 1,558,480 | ||||||
4.100%, 07/24/23 |
2,905,000 | 2,895,820 | ||||||
4.200%, 08/26/24 (b) |
3,000,000 | 2,952,930 | ||||||
5.875%, 02/07/42 |
3,000,000 | 2,904,960 | ||||||
Bank of New York Mellon Corp. (The) |
1,800,000 | 1,661,400 | ||||||
Barclays plc |
3,500,000 | 3,307,080 | ||||||
Canadian Imperial Bank of Commerce |
1,000,000 | 936,880 | ||||||
Citigroup, Inc. |
2,500,000 | 1,969,250 | ||||||
3.200%, 10/21/26 |
1,700,000 | 1,557,285 | ||||||
4.000%, 08/05/24 (b) |
900,000 | 880,866 | ||||||
4.412%, SOFR + 3.914%, 03/31/31 (a) |
2,900,000 | 2,607,854 | ||||||
4.650%, 07/23/48 (b) |
1,300,000 | 1,055,743 | ||||||
Cooperatieve Rabobank UA |
1,200,000 | 1,095,612 | ||||||
Credit Suisse Group AG |
2,700,000 | 2,486,619 | ||||||
Deutsche Bank AG |
2,000,000 | 1,700,340 | ||||||
Discover Bank |
1,400,000 | 1,324,344 | ||||||
Fifth Third Bancorp |
1,175,000 | 1,396,464 | ||||||
Goldman Sachs Group, Inc. (The) |
1,600,000 | 1,080,928 | ||||||
3.850%, 01/26/27 (b) |
1,900,000 | 1,771,294 | ||||||
4.000%, 03/03/24 (b) |
2,000,000 | 1,972,260 | ||||||
4.223%, 3M LIBOR + 1.301%, 05/01/29 (a) |
1,900,000 | 1,730,197 | ||||||
6.125%, 02/15/33 (b) |
2,075,000 | 2,094,277 | ||||||
HSBC Holdings plc |
3,500,000 | 2,955,295 | ||||||
4.250%, 03/14/24 (b) |
1,400,000 | 1,370,950 | ||||||
6.500%, 09/15/37 (b) |
1,205,000 | 1,145,594 | ||||||
JPMorgan Chase & Co. |
2,100,000 | 1,553,664 | ||||||
2.522%, SOFR + 2.040%, 04/22/31 (a) (b) |
2,000,000 | 1,580,620 | ||||||
2.950%, 10/01/26 (b) |
2,000,000 | 1,834,480 | ||||||
3.882%, 3M LIBOR + 1.360%, 07/24/38 (a) |
1,000,000 | 784,530 | ||||||
3.900%, 07/15/25 (b) |
4,700,000 | 4,551,245 | ||||||
3.964%, 3M LIBOR + 1.380%, 11/15/48 (a) (b) |
2,400,000 | 1,797,096 | ||||||
KeyBank N.A. |
2,800,000 | 2,676,772 | ||||||
KFW |
3,000,000 | 2,876,250 | ||||||
0.500%, 09/20/24 (b) |
1,000,000 | 928,710 | ||||||
1.750%, 09/14/29 (b) |
2,000,000 | 1,724,560 | ||||||
Landwirtschaftliche Rentenbank |
1,500,000 | 1,424,700 | ||||||
Lloyds Banking Group plc |
1,800,000 | 1,577,610 | ||||||
4.650%, 03/24/26 |
1,700,000 | 1,598,663 | ||||||
Mitsubishi UFJ Financial Group, Inc. |
2,000,000 | 1,840,940 | ||||||
3.850%, 03/01/26 |
1,000,000 | 948,080 | ||||||
Mizuho Financial Group, Inc. |
1,800,000 | 1,646,262 | ||||||
Morgan Stanley |
1,900,000 | 1,508,296 | ||||||
4.350%, 09/08/26 |
3,800,000 | 3,628,886 | ||||||
7.250%, 04/01/32 (b) |
1,850,000 | 2,009,044 | ||||||
PNC Bank N.A. |
4,100,000 | 3,918,821 | ||||||
Royal Bank of Canada |
2,100,000 | 1,943,697 | ||||||
Sumitomo Mitsui Financial Group, Inc. |
4,700,000 | 4,247,625 | ||||||
Toronto-Dominion Bank (The) |
3,000,000 | 2,976,090 | ||||||
Truist Financial Corp. |
2,000,000 | 1,743,880 | ||||||
U.S. Bancorp |
3,000,000 | 2,944,770 | ||||||
Wells Fargo & Co. |
2,400,000 | 1,975,680 | ||||||
3.000%, 10/23/26 |
2,000,000 | 1,812,960 | ||||||
5.013%, SOFR + 4.502%, 04/04/51 (a) |
1,000,000 | 858,370 | ||||||
5.606%, 01/15/44 (b) |
2,200,000 | 1,972,234 | ||||||
Westpac Banking Corp. |
1,700,000 | 1,258,595 | ||||||
|
|
|||||||
112,456,662 | ||||||||
|
|
|||||||
Beverages0.6% | ||||||||
Anheuser-Busch InBev Worldwide, Inc. |
1,165,000 | 944,209 | ||||||
4.600%, 06/01/60 (b) |
1,600,000 | 1,271,664 | ||||||
5.550%, 01/23/49 |
1,900,000 | 1,787,311 | ||||||
Coca-Cola Co. (The) |
2,400,000 | 1,912,632 | ||||||
Constellation Brands, Inc. |
1,900,000 | 1,635,216 | ||||||
Diageo Capital plc |
1,400,000 | 1,170,708 | ||||||
Keurig Dr Pepper, Inc. |
1,200,000 | 1,157,304 | ||||||
PepsiCo, Inc. |
800,000 | 693,352 | ||||||
4.450%, 04/14/46 |
1,300,000 | 1,197,807 | ||||||
|
|
|||||||
11,770,203 | ||||||||
|
|
BHFTII-159
Table of Contents
Brighthouse Funds Trust II
MetLife Aggregate Bond Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Biotechnology0.3% | ||||||||
Amgen, Inc. |
1,600,000 | $ | 1,223,280 | |||||
2.600%, 08/19/26 (b) |
1,200,000 | 1,102,080 | ||||||
4.663%, 06/15/51 |
1,000,000 | 845,190 | ||||||
Biogen, Inc. |
300,000 | 291,216 | ||||||
Gilead Sciences, Inc. |
2,000,000 | 1,902,880 | ||||||
|
|
|||||||
5,364,646 | ||||||||
|
|
|||||||
Building Materials0.1% | ||||||||
Carrier Global Corp. |
2,000,000 | 1,774,860 | ||||||
|
|
|||||||
Chemicals0.3% | ||||||||
Dow Chemical Co. (The) |
1,000,000 | 789,300 | ||||||
9.400%, 05/15/39 |
650,000 | 826,306 | ||||||
DuPont de Nemours, Inc. |
1,000,000 | 898,610 | ||||||
LyondellBasell Industries NV |
1,400,000 | 1,055,096 | ||||||
Nutrien, Ltd. |
1,000,000 | 928,300 | ||||||
Sherwin-Williams Co. (The) |
1,800,000 | 1,655,136 | ||||||
Westlake Corp. |
500,000 | 308,320 | ||||||
|
|
|||||||
6,461,068 | ||||||||
|
|
|||||||
Commercial Services0.3% | ||||||||
Global Payments, Inc. |
900,000 | 720,243 | ||||||
Massachusetts Institute of Technology |
1,200,000 | 741,120 | ||||||
PayPal Holdings, Inc. |
2,000,000 | 1,712,860 | ||||||
S&P Global, Inc. |
1,600,000 | 839,392 | ||||||
Yale University |
2,000,000 | 1,293,600 | ||||||
|
|
|||||||
5,307,215 | ||||||||
|
|
|||||||
Computers 0.5% | ||||||||
Apple, Inc. |
1,000,000 | 601,280 | ||||||
2.650%, 02/08/51 (b) |
1,500,000 | 984,270 | ||||||
4.650%, 02/23/46 (b) |
2,700,000 | 2,516,859 | ||||||
Dell International LLC / EMC Corp. |
1,800,000 | 1,676,988 | ||||||
Hewlett Packard Enterprise Co. |
1,400,000 | 1,387,834 | ||||||
International Business Machines Corp. |
1,900,000 | 1,791,681 | ||||||
4.000%, 06/20/42 |
1,200,000 | 943,764 | ||||||
|
|
|||||||
9,902,676 | ||||||||
|
|
|||||||
Cosmetics/Personal Care0.1% | ||||||||
Estee Lauder Cos., Inc. (The) |
1,100,000 | 872,861 | ||||||
Procter & Gamble Co. (The) |
900,000 | 754,659 | ||||||
Unilever Capital Corp. |
1,500,000 | 1,381,785 | ||||||
|
|
|||||||
3,009,305 | ||||||||
|
|
|||||||
Diversified Financial Services1.0% | ||||||||
AerCap Ireland Capital DAC / AerCap Global Aviation Trust |
1,000,000 | 754,300 | ||||||
3.650%, 07/21/27 (b) |
1,900,000 | 1,657,674 | ||||||
Air Lease Corp. |
900,000 | 806,904 | ||||||
4.250%, 02/01/24 (b) |
900,000 | 884,169 | ||||||
American Express Co. |
3,000,000 | 2,770,620 | ||||||
BlackRock, Inc. |
3,800,000 | 3,742,316 | ||||||
Capital One Financial Corp. |
1,800,000 | 1,626,174 | ||||||
Charles Schwab Corp. (The) |
900,000 | 869,382 | ||||||
Intercontinental Exchange, Inc. |
1,000,000 | 652,730 | ||||||
3.750%, 12/01/25 (b) |
1,000,000 | 964,960 | ||||||
Mastercard, Inc. |
1,700,000 | 1,537,854 | ||||||
Nomura Holdings, Inc. |
1,000,000 | 766,290 | ||||||
Visa, Inc. |
3,100,000 | 2,322,024 | ||||||
|
|
|||||||
19,355,397 | ||||||||
|
|
|||||||
Electric1.9% | ||||||||
Appalachian Power Co. |
900,000 | 642,897 | ||||||
CenterPoint Energy Houston Electric LLC |
1,300,000 | 1,128,270 | ||||||
CMS Energy Corp. |
1,500,000 | 1,295,730 | ||||||
Commonwealth Edison Co. |
900,000 | 604,197 | ||||||
Connecticut Light & Power Co. (The) |
1,000,000 | 816,790 | ||||||
Consolidated Edison Co. of New York, Inc. |
2,070,000 | 1,612,613 | ||||||
Dominion Energy, Inc. |
1,900,000 | 1,825,653 | ||||||
4.600%, 03/15/49 (b) |
800,000 | 681,048 | ||||||
DTE Electric Co. |
1,000,000 | 776,690 | ||||||
Duke Energy Carolinas LLC |
1,000,000 | 727,560 | ||||||
5.300%, 02/15/40 (b) |
2,000,000 | 1,906,760 |
BHFTII-160
Table of Contents
Brighthouse Funds Trust II
MetLife Aggregate Bond Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Electric(Continued) | ||||||||
Duke Energy Corp. |
1,000,000 | $ | 907,200 | |||||
Entergy Louisiana LLC |
1,000,000 | 884,010 | ||||||
Evergy, Inc. |
1,500,000 | 1,240,425 | ||||||
Exelon Corp. |
1,000,000 | 941,360 | ||||||
5.625%, 06/15/35 (b) |
1,500,000 | 1,471,095 | ||||||
Florida Power & Light Co. |
1,700,000 | 1,749,504 | ||||||
Georgia Power Co. |
2,000,000 | 1,596,760 | ||||||
Louisville Gas and Electric Co. |
800,000 | 647,800 | ||||||
MidAmerican Energy Co. |
1,700,000 | 1,573,792 | ||||||
4.250%, 07/15/49 |
1,500,000 | 1,243,695 | ||||||
National Rural Utilities Cooperative Finance Corp. |
1,800,000 | 1,483,704 | ||||||
Northern States Power Co. |
1,200,000 | 1,272,132 | ||||||
Oncor Electric Delivery Co. LLC |
900,000 | 621,855 | ||||||
Pacific Gas & Electric Co. |
3,000,000 | 2,184,240 | ||||||
Public Service Electric and Gas Co. |
1,600,000 | 1,251,632 | ||||||
Sempra Energy |
1,100,000 | 995,698 | ||||||
Southern California Edison Co. |
1,900,000 | 1,734,529 | ||||||
4.000%, 04/01/47 (b) |
1,000,000 | 730,890 | ||||||
Southwestern Electric Power Co. |
1,800,000 | 1,661,814 | ||||||
Union Electric Co. |
1,800,000 | 1,639,494 | ||||||
|
|
|||||||
37,849,837 | ||||||||
|
|
|||||||
Electrical Components & Equipment0.0% | ||||||||
Emerson Electric Co. |
500,000 | 399,875 | ||||||
|
|
|||||||
Electronics0.1% | ||||||||
Honeywell International, Inc. |
1,800,000 | 1,652,688 | ||||||
|
|
|||||||
Environmental Control0.1% | ||||||||
Waste Connections, Inc. |
500,000 | 388,440 | ||||||
Waste Management, Inc. |
1,800,000 | 1,652,454 | ||||||
|
|
|||||||
2,040,894 | ||||||||
|
|
|||||||
Food0.3% | ||||||||
Conagra Brands, Inc. |
1,300,000 | 1,228,136 | ||||||
General Mills, Inc. |
1,500,000 | 1,431,405 | ||||||
Kraft Heinz Foods Co. |
1,600,000 | 1,449,488 | ||||||
Kroger Co. (The) |
1,000,000 | 794,210 | ||||||
Tyson Foods, Inc. |
1,200,000 | 1,109,772 | ||||||
|
|
|||||||
6,013,011 | ||||||||
|
|
|||||||
Forest Products & Paper0.1% | ||||||||
Georgia-Pacific LLC |
1,800,000 | 1,870,362 | ||||||
International Paper Co. |
800,000 | 640,512 | ||||||
|
|
|||||||
2,510,874 | ||||||||
|
|
|||||||
Gas0.1% | ||||||||
Atmos Energy Corp. |
1,100,000 | 827,794 | ||||||
NiSource, Inc. |
1,500,000 | 1,260,045 | ||||||
|
|
|||||||
2,087,839 | ||||||||
|
|
|||||||
Hand/Machine Tools0.1% | ||||||||
Stanley Black & Decker, Inc. |
2,500,000 | 2,184,425 | ||||||
|
|
|||||||
Healthcare-Products0.3% | ||||||||
Abbott Laboratories |
1,300,000 | 1,269,905 | ||||||
Boston Scientific Corp. |
1,900,000 | 1,752,465 | ||||||
DH Europe Finance II Sarl |
900,000 | 683,631 | ||||||
Medtronic, Inc. |
933,000 | 843,320 | ||||||
Stryker Corp. |
1,000,000 | 903,280 | ||||||
|
|
|||||||
5,452,601 | ||||||||
|
|
|||||||
Healthcare-Services0.6% | ||||||||
CommonSpirit Health |
1,500,000 | 1,069,095 | ||||||
Elevance Health, Inc. |
1,800,000 | 1,805,688 | ||||||
HCA, Inc. |
1,800,000 | 1,586,214 | ||||||
Humana, Inc. |
800,000 | 766,696 | ||||||
Kaiser Foundation Hospitals |
1,000,000 | 660,760 |
BHFTII-161
Table of Contents
Brighthouse Funds Trust II
MetLife Aggregate Bond Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Healthcare-Services(Continued) | ||||||||
Laboratory Corp. of America Holdings |
1,800,000 | $ | 1,735,956 | |||||
UnitedHealth Group, Inc. |
900,000 | 706,653 | ||||||
3.750%, 07/15/25 (b) |
2,600,000 | 2,531,776 | ||||||
4.250%, 06/15/48 (b) |
1,000,000 | 829,290 | ||||||
|
|
|||||||
11,692,128 | ||||||||
|
|
|||||||
Home Builders0.1% | ||||||||
Lennar Corp. |
1,300,000 | 1,203,631 | ||||||
|
|
|||||||
Household Products/Wares0.0% | ||||||||
Kimberly-Clark Corp. |
1,100,000 | 971,993 | ||||||
|
|
|||||||
Insurance0.7% | ||||||||
Allstate Corp. (The) |
1,100,000 | 831,875 | ||||||
American International Group, Inc. |
800,000 | 698,160 | ||||||
4.500%, 07/16/44 (b) |
1,100,000 | 903,111 | ||||||
AXA S.A. |
1,165,000 | 1,364,145 | ||||||
Berkshire Hathaway Finance Corp. |
1,700,000 | 1,408,620 | ||||||
Berkshire Hathaway, Inc. |
1,500,000 | 1,425,180 | ||||||
Chubb Corp. (The) |
865,000 | 902,870 | ||||||
Hartford Financial Services Group, Inc. (The) |
780,000 | 775,031 | ||||||
Marsh & McLennan Cos., Inc. |
2,000,000 | 1,925,760 | ||||||
Principal Financial Group, Inc. |
1,000,000 | 914,480 | ||||||
Prudential Financial, Inc. |
2,000,000 | 1,606,240 | ||||||
5.700%, 12/14/36 (b) |
1,525,000 | 1,508,622 | ||||||
Travelers Cos., Inc. (The) |
800,000 | 551,128 | ||||||
|
|
|||||||
14,815,222 | ||||||||
|
|
|||||||
Internet0.4% | ||||||||
Alibaba Group Holding, Ltd. |
1,400,000 | 1,010,044 | ||||||
Alphabet, Inc. |
1,100,000 | 647,812 | ||||||
Amazon.com, Inc. |
1,000,000 | 698,640 | ||||||
3.150%, 08/22/27 (b) |
1,000,000 | 931,920 | ||||||
3.800%, 12/05/24 (b) |
1,800,000 | 1,775,844 | ||||||
3.875%, 08/22/37 |
1,900,000 | 1,654,368 | ||||||
eBay, Inc. |
1,500,000 | 1,389,540 | ||||||
|
|
|||||||
8,108,168 | ||||||||
|
|
|||||||
Investment Companies0.1% | ||||||||
Ares Capital Corp. |
900,000 | 850,284 | ||||||
Owl Rock Capital Corp. |
1,600,000 | 1,375,920 | ||||||
|
|
|||||||
2,226,204 | ||||||||
|
|
|||||||
Iron/Steel0.0% | ||||||||
Vale Overseas, Ltd. |
528,000 | 503,374 | ||||||
|
|
|||||||
Lodging0.0% | ||||||||
Marriott International, Inc. |
1,100,000 | 863,742 | ||||||
|
|
|||||||
Machinery-Construction & Mining0.1% | ||||||||
Caterpillar Financial Services Corp. |
1,000,000 | 992,000 | ||||||
Caterpillar, Inc. |
1,500,000 | 1,233,645 | ||||||
|
|
|||||||
2,225,645 | ||||||||
|
|
|||||||
Machinery-Diversified0.0% | ||||||||
John Deere Capital Corp. |
1,000,000 | 793,080 | ||||||
|
|
|||||||
Media0.8% | ||||||||
Charter Communications Operating LLC / Charter Communications Operating Capital Corp. |
3,300,000 | 1,933,107 | ||||||
6.484%, 10/23/45 |
900,000 | 795,123 | ||||||
Comcast Corp. |
2,000,000 | 1,885,780 | ||||||
3.969%, 11/01/47 |
900,000 | 688,374 | ||||||
4.650%, 07/15/42 (b) |
1,670,000 | 1,430,973 | ||||||
5.650%, 06/15/35 (b) |
1,500,000 | 1,501,500 | ||||||
Discovery Communications LLC | ||||||||
3.950%, 03/20/28 (b) |
1,100,000 | 965,888 | ||||||
4.000%, 09/15/55 |
1,481,000 | 881,728 | ||||||
Fox Corp. | ||||||||
5.576%, 01/25/49 (b) |
1,000,000 | 858,050 | ||||||
Paramount Global | ||||||||
4.375%, 03/15/43 |
1,500,000 | 1,003,050 | ||||||
Time Warner Cable LLC | ||||||||
6.550%, 05/01/37 |
100,000 | 90,704 | ||||||
TWDC Enterprises 18 Corp. | ||||||||
2.950%, 06/15/27 |
2,000,000 | 1,832,780 | ||||||
Walt Disney Co. (The) | ||||||||
3.500%, 05/13/40 (b) |
900,000 | 695,376 | ||||||
3.600%, 01/13/51 (b) |
1,000,000 | 744,760 | ||||||
6.550%, 03/15/33 |
950,000 | 1,018,923 | ||||||
|
|
|||||||
16,326,116 | ||||||||
|
|
|||||||
Mining0.2% | ||||||||
Newmont Corp. | ||||||||
6.250%, 10/01/39 |
1,800,000 | 1,800,522 |
BHFTII-162
Table of Contents
Brighthouse Funds Trust II
MetLife Aggregate Bond Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Mining(Continued) | ||||||||
Rio Tinto Alcan, Inc. | ||||||||
6.125%, 12/15/33 |
1,751,000 | $ | 1,853,451 | |||||
|
|
|||||||
3,653,973 | ||||||||
|
|
|||||||
Miscellaneous Manufacturing0.3% | ||||||||
3M Co. | ||||||||
3.625%, 10/15/47 |
1,000,000 | 723,690 | ||||||
4.000%, 09/14/48 (b) |
900,000 | 704,916 | ||||||
GE Capital International Funding Co. | ||||||||
4.418%, 11/15/35 |
1,459,000 | 1,308,781 | ||||||
General Electric Co. | ||||||||
7.500%, 08/21/35 |
100,000 | 109,992 | ||||||
Parker-Hannifin Corp. | ||||||||
3.250%, 06/14/29 (b) |
1,900,000 | 1,675,439 | ||||||
Trane Technologies Luxembourg Finance S.A. | ||||||||
3.800%, 03/21/29 (b) |
1,000,000 | 898,760 | ||||||
|
|
|||||||
5,421,578 | ||||||||
|
|
|||||||
Multi-National1.4% | ||||||||
Asian Development Bank | ||||||||
1.500%, 03/04/31 |
2,000,000 | 1,644,140 | ||||||
1.750%, 09/19/29 |
900,000 | 772,074 | ||||||
2.625%, 01/30/24 |
3,700,000 | 3,618,304 | ||||||
Asian Infrastructure Investment Bank (The) | ||||||||
0.500%, 05/28/25 |
1,000,000 | 900,350 | ||||||
European Bank for Reconstruction & Development | ||||||||
0.500%, 05/19/25 (b) |
2,000,000 | 1,810,600 | ||||||
European Investment Bank | ||||||||
0.375%, 03/26/26 (b) |
2,000,000 | 1,749,040 | ||||||
1.875%, 02/10/25 |
1,000,000 | 945,690 | ||||||
2.500%, 10/15/24 (b) |
1,800,000 | 1,737,450 | ||||||
4.875%, 02/15/36 (b) |
1,100,000 | 1,180,443 | ||||||
Inter-American Development Bank | ||||||||
2.125%, 01/15/25 (b) |
2,000,000 | 1,903,860 | ||||||
2.250%, 06/18/29 |
1,400,000 | 1,245,482 | ||||||
2.375%, 07/07/27 |
1,500,000 | 1,382,910 | ||||||
7.000%, 06/15/25 |
200,000 | 212,604 | ||||||
International Bank for Reconstruction & Development |
||||||||
0.500%, 10/28/25 |
2,000,000 | 1,781,560 | ||||||
1.625%, 11/03/31 |
2,600,000 | 2,135,042 | ||||||
2.125%, 03/03/25 |
3,000,000 | 2,850,300 | ||||||
2.500%, 07/29/25 |
2,000,000 | 1,902,720 | ||||||
|
|
|||||||
27,772,569 | ||||||||
|
|
|||||||
Office/Business Equipment0.0% | ||||||||
CDW LLC / CDW Finance Corp. |
||||||||
4.250%, 04/01/28 (b) |
1,100,000 | 963,347 | ||||||
|
|
|||||||
Oil & Gas 0.8% | ||||||||
BP Capital Markets America, Inc. |
1,000,000 | 812,220 | ||||||
3.000%, 02/24/50 |
1,000,000 | 649,400 | ||||||
Canadian Natural Resources, Ltd. |
1,800,000 | 1,733,958 | ||||||
Chevron Corp. |
1,500,000 | 1,412,550 | ||||||
ConocoPhillips Co. |
700,000 | 767,816 | ||||||
Equinor ASA |
2,100,000 | 2,041,830 | ||||||
Exxon Mobil Corp. |
900,000 | 883,188 | ||||||
4.114%, 03/01/46 (b) |
1,600,000 | 1,325,232 | ||||||
Marathon Oil Corp. |
1,000,000 | 972,910 | ||||||
Marathon Petroleum Corp. |
600,000 | 589,752 | ||||||
Phillips 66 |
1,000,000 | 864,420 | ||||||
Shell International Finance B.V. |
3,000,000 | 2,522,280 | ||||||
3.250%, 04/06/50 (b) |
900,000 | 634,140 | ||||||
TotalEnergies Capital International S.A. |
900,000 | 620,802 | ||||||
Valero Energy Corp. |
1,000,000 | 937,600 | ||||||
|
|
|||||||
16,768,098 | ||||||||
|
|
|||||||
Oil & Gas Services0.1% | ||||||||
Halliburton Co. |
1,200,000 | 998,508 | ||||||
|
|
|||||||
Pharmaceuticals1.5% | ||||||||
AbbVie, Inc. |
400,000 | 387,284 | ||||||
4.050%, 11/21/39 (b) |
1,300,000 | 1,052,805 | ||||||
4.400%, 11/06/42 |
2,200,000 | 1,826,506 | ||||||
AstraZeneca plc |
1,200,000 | 1,006,572 | ||||||
Becton Dickinson & Co. |
2,000,000 | 1,721,020 | ||||||
Bristol-Myers Squibb Co. |
1,000,000 | 908,510 | ||||||
4.625%, 05/15/44 |
2,000,000 | 1,792,160 | ||||||
Cardinal Health, Inc. |
1,800,000 | 1,664,316 | ||||||
Cigna Corp. |
1,500,000 | 1,192,680 | ||||||
4.500%, 02/25/26 |
1,200,000 | 1,171,140 | ||||||
6.125%, 11/15/41 |
313,000 | 311,695 | ||||||
CVS Health Corp. |
544,000 | 514,526 | ||||||
4.780%, 03/25/38 |
1,500,000 | 1,314,645 | ||||||
5.050%, 03/25/48 (b) |
1,500,000 | 1,320,495 | ||||||
5.125%, 07/20/45 |
1,900,000 | 1,662,899 | ||||||
Eli Lilly and Co. |
1,100,000 | 682,451 | ||||||
GlaxoSmithKline Capital, Inc. |
1,000,000 | 941,940 |
BHFTII-163
Table of Contents
Brighthouse Funds Trust II
MetLife Aggregate Bond Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Pharmaceuticals(Continued) | ||||||||
Johnson & Johnson |
1,000,000 | $ | 821,330 | |||||
5.950%, 08/15/37 (b) |
910,000 | 981,489 | ||||||
Merck & Co., Inc. |
1,000,000 | 1,108,310 | ||||||
Merck Sharp & Dohme Corp. |
300,000 | 315,039 | ||||||
Novartis Capital Corp. |
1,900,000 | 1,587,621 | ||||||
Shire Acquisitions Investments Ireland DAC |
2,000,000 | 1,846,220 | ||||||
Utah Acquisition Sub, Inc. |
1,800,000 | 1,639,656 | ||||||
Wyeth LLC |
1,800,000 | 1,894,860 | ||||||
|
|
|||||||
29,666,169 | ||||||||
|
|
|||||||
Pipelines0.9% | ||||||||
El Paso Natural Gas Co. LLC |
220,000 | 244,374 | ||||||
Enbridge Energy Partners L.P. |
2,000,000 | 2,027,880 | ||||||
Energy Transfer L.P. |
2,600,000 | 2,057,744 | ||||||
Enterprise Products Operating LLC |
1,100,000 | 703,769 | ||||||
3.950%, 02/15/27 (b) |
2,300,000 | 2,187,024 | ||||||
Kinder Morgan Energy Partners L.P. |
2,000,000 | 1,945,300 | ||||||
MPLX L.P. |
1,000,000 | 824,050 | ||||||
ONEOK, Inc. |
2,100,000 | 1,709,547 | ||||||
Sabine Pass Liquefaction LLC |
1,600,000 | 1,599,152 | ||||||
TransCanada PipeLines, Ltd. |
1,800,000 | 1,783,764 | ||||||
Williams Cos., Inc. (The) |
2,500,000 | 2,301,100 | ||||||
|
|
|||||||
17,383,704 | ||||||||
|
|
|||||||
Real Estate Investment Trusts1.0% | ||||||||
Alexandria Real Estate Equities, Inc. |
1,000,000 | 841,320 | ||||||
3.550%, 03/15/52 (b) |
1,100,000 | 749,496 | ||||||
American Tower Corp. |
2,100,000 | 2,072,700 | ||||||
AvalonBay Communities, Inc. |
1,000,000 | 823,130 | ||||||
Boston Properties L.P. |
1,400,000 | 1,335,600 | ||||||
Brixmor Operating Partnership L.P. |
900,000 | 759,906 | ||||||
Crown Castle, Inc. |
1,500,000 | 1,358,865 | ||||||
Digital Realty Trust L.P. |
2,500,000 | 2,313,025 | ||||||
Duke Realty L.P. |
500,000 | 453,760 | ||||||
Equinix, Inc. |
700,000 | 591,794 | ||||||
ERP Operating L.P. |
1,000,000 | 868,300 | ||||||
Essex Portfolio L.P. |
1,000,000 | 833,890 | ||||||
Healthpeak Properties, Inc. |
900,000 | 791,910 | ||||||
National Retail Properties, Inc. |
1,000,000 | 806,340 | ||||||
Prologis L.P. |
500,000 | 451,116 | ||||||
Public Storage |
500,000 | 458,185 | ||||||
Simon Property Group L.P. |
3,800,000 | 3,581,120 | ||||||
Welltower, Inc. |
1,500,000 | 1,441,560 | ||||||
|
|
|||||||
20,532,017 | ||||||||
|
|
|||||||
Retail0.5% | ||||||||
Home Depot, Inc. (The) |
1,800,000 | 1,700,226 | ||||||
4.250%, 04/01/46 |
2,000,000 | 1,679,080 | ||||||
Lowes Cos., Inc. |
1,500,000 | 1,127,115 | ||||||
4.250%, 04/01/52 (b) |
1,100,000 | 837,650 | ||||||
McDonalds Corp. |
1,500,000 | 1,330,725 | ||||||
Starbucks Corp. |
1,000,000 | 902,830 | ||||||
Target Corp. |
1,400,000 | 1,179,486 | ||||||
Walmart, Inc. |
900,000 | 781,650 | ||||||
5.250%, 09/01/35 (b) |
935,000 | 959,179 | ||||||
|
|
|||||||
10,497,941 | ||||||||
|
|
|||||||
Semiconductors0.3% | ||||||||
Broadcom, Inc. |
1,600,000 | 1,121,808 | ||||||
4.300%, 11/15/32 (b) |
1,700,000 | 1,432,012 | ||||||
Intel Corp. |
1,800,000 | 1,552,176 | ||||||
4.900%, 08/05/52 (b) |
1,000,000 | 882,530 | ||||||
QUALCOMM, Inc. |
2,333,000 | 1,749,820 | ||||||
|
|
|||||||
6,738,346 | ||||||||
|
|
BHFTII-164
Table of Contents
Brighthouse Funds Trust II
MetLife Aggregate Bond Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Software0.8% | ||||||||
Fidelity National Information Services, Inc. |
1,000,000 | $ | 864,550 | |||||
Fiserv, Inc. |
2,000,000 | 1,920,340 | ||||||
Microsoft Corp. |
5,100,000 | 4,905,027 | ||||||
4.250%, 02/06/47 (b) |
2,000,000 | 1,814,180 | ||||||
Oracle Corp. |
3,000,000 | 2,363,250 | ||||||
2.950%, 11/15/24 (b) |
2,300,000 | 2,194,867 | ||||||
2.950%, 04/01/30 (b) |
1,200,000 | 968,400 | ||||||
3.850%, 04/01/60 |
2,100,000 | 1,269,198 | ||||||
Salesforce.com, Inc. |
1,000,000 | 660,130 | ||||||
|
|
|||||||
16,959,942 | ||||||||
|
|
|||||||
Telecommunications1.1% | ||||||||
America Movil S.A.B. de C.V. |
1,000,000 | 838,650 | ||||||
AT&T, Inc. |
1,221,000 | 813,540 | ||||||
3.650%, 09/15/59 (b) |
2,686,000 | 1,743,859 | ||||||
4.100%, 02/15/28 (b) |
2,687,000 | 2,508,046 | ||||||
5.150%, 11/15/46 (b) |
1,308,000 | 1,141,596 | ||||||
7.125%, 12/15/31 |
100,000 | 106,311 | ||||||
Cisco Systems, Inc. |
1,000,000 | 996,070 | ||||||
Deutsche Telekom International Finance B.V. |
1,000,000 | 1,146,770 | ||||||
Orange S.A. |
500,000 | 476,890 | ||||||
T-Mobile USA, Inc. |
2,200,000 | 1,742,818 | ||||||
3.300%, 02/15/51 |
1,500,000 | 978,165 | ||||||
Telefonica Emisiones S.A. |
900,000 | 830,889 | ||||||
Verizon Communications, Inc. |
1,900,000 | 1,167,341 | ||||||
3.376%, 02/15/25 (b) |
2,078,000 | 2,010,174 | ||||||
3.550%, 03/22/51 (b) |
2,000,000 | 1,412,220 | ||||||
4.812%, 03/15/39 |
1,927,000 | 1,693,968 | ||||||
Vodafone Group plc |
2,170,000 | 2,059,200 | ||||||
|
|
|||||||
21,666,507 | ||||||||
|
|
|||||||
Transportation0.5% | ||||||||
Burlington Northern Santa Fe LLC |
1,900,000 | 1,558,760 | ||||||
Canadian National Railway Co. |
400,000 | 349,616 | ||||||
Canadian Pacific Railway Co. |
1,100,000 | 881,628 | ||||||
CSX Corp. |
1,600,000 | 1,657,552 | ||||||
FedEx Corp. |
1,000,000 | 906,450 | ||||||
4.550%, 04/01/46 |
1,000,000 | 791,470 | ||||||
Norfolk Southern Corp. |
1,000,000 | 843,980 | ||||||
5.590%, 05/17/25 |
28,000 | 28,180 | ||||||
Union Pacific Corp. |
1,200,000 | 917,220 | ||||||
3.250%, 02/05/50 (b) |
1,300,000 | 919,139 | ||||||
United Parcel Service, Inc. |
1,600,000 | 1,550,432 | ||||||
|
|
|||||||
10,404,427 | ||||||||
|
|
|||||||
Water 0.0% | ||||||||
American Water Capital Corp. |
900,000 | 837,720 | ||||||
|
|
|||||||
Total Corporate Bonds & Notes |
514,144,072 | |||||||
|
|
|||||||
Foreign Government 1.5% |
| |||||||
Provincial 0.3% | ||||||||
Province of Alberta Canada |
1,500,000 | 1,372,335 | ||||||
Province of British Columbia Canada |
1,000,000 | 795,000 | ||||||
Province of Ontario Canada |
1,000,000 | 981,990 | ||||||
Province of Quebec Canada |
2,000,000 | 1,868,000 | ||||||
7.500%, 07/15/23 |
350,000 | 358,074 | ||||||
|
|
|||||||
5,375,399 | ||||||||
|
|
|||||||
Sovereign1.2% | ||||||||
Canada Government International Bond |
1,000,000 | 941,630 | ||||||
Chile Government International Bonds |
1,200,000 | 697,092 | ||||||
3.500%, 01/25/50 |
1,000,000 | 678,830 | ||||||
Export-Import Bank of Korea |
1,400,000 | 1,342,698 | ||||||
Indonesia Government International Bonds |
1,100,000 | 729,256 | ||||||
3.850%, 10/15/30 |
700,000 | 632,037 | ||||||
Israel Government International Bond |
1,500,000 | 1,275,195 | ||||||
Italy Government International Bond |
2,000,000 | 1,634,220 | ||||||
Japan Bank for International Cooperation |
3,900,000 | 3,774,147 | ||||||
Mexico Government International Bonds |
1,100,000 | 811,844 | ||||||
4.750%, 03/08/44 |
900,000 | 692,397 | ||||||
5.750%, 10/12/10 |
1,000,000 | 772,360 | ||||||
6.750%, 09/27/34 (b) |
1,050,000 | 1,068,911 | ||||||
Panama Government International Bonds |
900,000 | 818,676 | ||||||
4.500%, 05/15/47 |
1,400,000 | 994,028 |
BHFTII-165
Table of Contents
Brighthouse Funds Trust II
MetLife Aggregate Bond Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Foreign Government(Continued)
Security Description | Principal Amount* |
Value | ||||||
Sovereign(Continued) | ||||||||
Peruvian Government International Bond |
1,450,000 | $ | 1,751,165 | |||||
Philippine Government International Bonds |
1,100,000 | 875,743 | ||||||
5.000%, 01/13/37 (b) |
1,740,000 | 1,617,991 | ||||||
Poland Government International Bond |
1,000,000 | 940,530 | ||||||
Svensk Exportkredit AB |
1,000,000 | 905,930 | ||||||
Uruguay Government International Bond |
1,900,000 | 1,874,407 | ||||||
|
|
|||||||
24,829,087 | ||||||||
|
|
|||||||
Total Foreign Government (Cost $35,813,378) |
30,204,486 | |||||||
|
|
|||||||
Mortgage-Backed Securities1.1% |
| |||||||
Commercial Mortgage-Backed Securities1.1% | ||||||||
BANK |
2,000,000 | 1,632,743 | ||||||
2.758%, 09/15/62 |
387,396 | 331,951 | ||||||
4.407%, 11/15/61 (a) |
881,000 | 839,048 | ||||||
Benchmark Mortgage Trust |
1,430,000 | 1,238,493 | ||||||
CD Commercial Mortgage Trust |
950,000 | 867,781 | ||||||
CFCRE Commercial Mortgage Trust |
1,726,123 | 1,611,716 | ||||||
Commercial Mortgage Pass-Through Certificates Mortgage Trust 3.765%, 02/10/49 |
1,539,000 | 1,463,252 | ||||||
3.902%, 07/10/50 |
1,835,000 | 1,768,805 | ||||||
GS Mortgage Securities Trust |
1,835,000 | 1,746,752 | ||||||
JPMBB Commercial Mortgage Securities Trust |
1,400,000 | 1,322,619 | ||||||
3.801%, 08/15/48 |
1,331,711 | 1,270,979 | ||||||
Morgan Stanley Bank of America Merrill Lynch Trust |
2,350,000 | 2,215,904 | ||||||
3.635%, 10/15/48 |
1,547,000 | 1,470,867 | ||||||
3.732%, 05/15/48 |
1,750,000 | 1,674,257 | ||||||
UBS Commercial Mortgage Trust |
2,250,000 | 1,938,781 | ||||||
|
|
|||||||
Total Mortgage-Backed Securities |
21,393,948 | |||||||
|
|
|||||||
Municipals0.6% |
| |||||||
Chicago OHare International Airport |
395,000 | 347,160 | ||||||
Grand Parkway Transportation Corp. |
1,000,000 | 697,464 | ||||||
Los Angeles, CA Unified School District, Build America Bond |
660,000 | 728,096 | ||||||
Municipal Electric Authority of Georgia, Build America Bond |
1,925,000 | 2,085,417 | ||||||
New Jersey Turnpike Authority |
1,700,000 | 2,079,837 | ||||||
New York City Water & Sewer System |
300,000 | 311,509 | ||||||
Oregon School Boards Association |
1,900,000 | 1,928,027 | ||||||
Port Authority of New York & New Jersey |
1,500,000 | 1,310,546 | ||||||
Regents of the University of California Medical Center Pooled Revenue |
1,000,000 | 664,321 | ||||||
State of California General Obligation Unlimited, Build America Bond |
1,200,000 | 1,436,279 | ||||||
State of Illinois, General Obligation Unlimited |
1,230,000 | 1,171,649 | ||||||
|
|
|||||||
Total Municipals |
12,760,305 | |||||||
|
|
|||||||
Asset-Backed Securities0.4% | ||||||||
Asset-BackedAutomobile 0.2% | ||||||||
CarMax Auto Owner Trust |
1,085,000 | 978,376 | ||||||
2.030%, 06/16/25 |
903,000 | 875,469 | ||||||
GM Financial Consumer Automobile Receivables Trust |
1,000,000 | 992,565 | ||||||
Honda Auto Receivables Owner Trust |
1,500,000 | 1,446,482 | ||||||
|
|
|||||||
4,292,892 | ||||||||
|
|
|||||||
Asset-BackedCredit Card0.1% | ||||||||
Capital One Multi-Asset Execution Trust |
1,865,000 | 1,694,837 | ||||||
|
|
|||||||
Asset-BackedOther0.1% | ||||||||
CNH Equipment Trust |
145,063 | 142,484 | ||||||
John Deere Owner Trust |
74,558 | 73,143 | ||||||
Verizon Master Trust |
1,000,000 | 924,418 | ||||||
|
|
|||||||
1,140,045 | ||||||||
|
|
|||||||
Total Asset-Backed Securities |
7,127,774 | |||||||
|
|
|||||||
Short-Term Investment0.1% | ||||||||
U.S. Treasury0.1% | ||||||||
U.S. Treasury Bill |
1,800,000 | 1,798,158 | ||||||
|
|
|||||||
Total Short-Term Investments |
1,798,158 | |||||||
|
|
BHFTII-166
Table of Contents
Brighthouse Funds Trust II
MetLife Aggregate Bond Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Securities Lending Reinvestments (d)20.2%
Security Description | Principal Amount* |
Value | ||||||
Certificates of Deposit 9.9% | ||||||||
Bank of Montreal |
5,000,000 | $ | 5,000,000 | |||||
Bank of Montreal (Chicago) |
10,000,000 | 10,000,000 | ||||||
Bank of Nova Scotia |
4,000,000 | 3,998,159 | ||||||
3.470%, SOFR + 0.510%, 03/15/23 (a) |
6,000,000 | 6,000,000 | ||||||
3.520%, FEDEFF PRV + 0.440%, 01/09/23 (a) |
2,000,000 | 2,000,913 | ||||||
3.640%, SOFR + 0.680%, 08/16/23 (a) |
2,000,000 | 2,002,676 | ||||||
Barclays Bank plc |
2,000,000 | 2,000,110 | ||||||
3.350%, SOFR + 0.370%, 03/21/23 (a) |
10,000,000 | 9,996,680 | ||||||
3.430%, SOFR + 0.450%, 10/07/22 (a) |
6,000,000 | 6,000,264 | ||||||
BNP Paribas S.A. |
7,000,000 | 6,999,160 | ||||||
3.470%, SOFR + 0.510%, 03/15/23 (a) |
5,000,000 | 5,001,590 | ||||||
Canadian Imperial Bank of Commerce (NY) |
4,000,000 | 4,002,866 | ||||||
Citibank N.A. |
5,000,000 | 4,999,260 | ||||||
Commonwealth Bank of Australia |
2,000,000 | 2,000,000 | ||||||
3.350%, SOFR + 0.390%, 11/17/22 (a) |
2,000,000 | 2,000,424 | ||||||
Cooperatieve Rabobank UA |
5,000,000 | 5,004,100 | ||||||
Credit Agricole Corp. & Investment Bank (NY) |
5,000,000 | 5,000,790 | ||||||
Credit Agricole S.A. |
5,000,000 | 5,000,780 | ||||||
Credit Industriel et Commercial |
4,000,000 | 4,000,468 | ||||||
Credit Industriel et Commercial (NY) |
5,000,000 | 4,999,945 | ||||||
Credit Suisse (NY) |
2,000,000 | 2,000,052 | ||||||
Mitsubishi UFJ Trust and Banking Corp. |
5,000,000 | 5,004,475 | ||||||
Mizuho Bank, Ltd. |
2,000,000 | 1,999,812 | ||||||
National Australia Bank, Ltd. |
4,000,000 | 4,000,000 | ||||||
Natixis S.A. (New York) |
3,000,000 | 3,001,338 | ||||||
3.460%, SOFR + 0.500%, 02/13/23 (a) |
5,000,000 | 5,003,964 | ||||||
Nordea Bank Abp (NY) |
4,000,000 | 4,002,668 | ||||||
3.480%, SOFR + 0.500%, 02/27/23 (a) |
5,000,000 | 5,004,295 | ||||||
Norinchukin Bank |
2,000,000 | 2,000,114 | ||||||
Oversea-Chinese Banking Corp., Ltd. |
5,000,000 | 5,001,730 | ||||||
Rabobank (London) |
6,000,000 | 6,000,000 | ||||||
Royal Bank of Canada |
10,000,000 | 10,001,190 | ||||||
Standard Chartered Bank (NY) |
4,000,000 | 4,001,016 | ||||||
3.610%, FEDEFF PRV + 0.530%, 01/17/23 (a) |
2,000,000 | 2,001,262 | ||||||
Sumitomo Mitsui Banking Corp. |
7,000,000 | 7,001,596 | ||||||
3.370%, SOFR + 0.410%, 03/06/23 (a) |
6,000,000 | 6,001,332 | ||||||
Sumitomo Mitsui Trust Bank, Ltd. | ||||||||
Zero Coupon, 12/14/22 |
2,000,000 | 1,985,300 | ||||||
3.410%, SOFR + 0.450%, 02/24/23 (a) |
5,000,000 | 5,004,195 | ||||||
3.500%, SOFR + 0.540%, 01/10/23 (a) |
3,000,000 | 3,002,904 | ||||||
Svenska Handelsbanken AB |
8,000,000 | 8,000,456 | ||||||
3.580%, SOFR + 0.600%, 04/12/23 (a) |
3,000,000 | 3,003,996 | ||||||
Toronto-Dominion Bank (The) |
5,000,000 | 4,999,681 | ||||||
Westpac Banking Corp. |
5,000,000 | 4,998,450 | ||||||
3.510%, SOFR + 0.550%, 02/22/23 (a) |
2,000,000 | 2,001,916 | ||||||
|
|
|||||||
201,029,927 | ||||||||
|
|
|||||||
Commercial Paper1.2% | ||||||||
Australia & New Zealand Banking Group, Ltd. |
7,000,000 | 7,001,757 | ||||||
Macquarie Bank Ltd. |
3,000,000 | 3,000,816 | ||||||
3.560%, SOFR + 0.580%, 02/03/23 (a) |
5,000,000 | 5,004,690 | ||||||
Skandinaviska Enskilda Banken AB |
5,000,000 | 5,000,800 | ||||||
UBS AG |
5,000,000 | 5,000,000 | ||||||
|
|
|||||||
25,008,063 | ||||||||
|
|
|||||||
Master Demand Notes0.3% | ||||||||
Natixis Financial Products LLC |
5,000,000 | 5,000,000 | ||||||
|
|
|||||||
Repurchase Agreements8.3% | ||||||||
ING Financial Markets LLC |
24,597,630 | 24,597,630 | ||||||
National Bank Financial, Inc. |
10,000,000 | 10,000,000 | ||||||
National Bank of Canada |
16,700,000 | 16,700,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.200%, due on 10/07/22 with a maturity value of $38,323,831; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 5.500%, maturity dates ranging from 11/03/22 - 02/15/52, and various Common Stock with an aggregate market value of $41,978,718. |
38,300,000 | 38,300,000 |
BHFTII-167
Table of Contents
Brighthouse Funds Trust II
MetLife Aggregate Bond Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Securities Lending Reinvestments (d)(Continued)
Security Description | Amount* |
Value | ||||||
Repurchase Agreements(Continued) | ||||||||
Natixis S.A. (New York) |
37,021,635 | $ | 37,021,635 | |||||
NBC Global Finance, Ltd. |
1,800,000 | 1,800,000 | ||||||
Societe Generale |
2,100,000 | 2,100,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.050%, due on 10/03/22 with a maturity value of $8,002,033; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 1.125%, maturity dates ranging from 03/09/23 - 05/15/40, and various Common Stock with an aggregate market value of $8,888,514. |
8,000,000 | 8,000,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.070%, due on 10/03/22 with a maturity value of $2,200,563; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% -1.125%, maturity dates ranging from 03/09/23 - 05/15/40, and various Common Stock with an aggregate market value of $2,444,341. |
2,200,000 | 2,200,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.160%, due on 10/03/22 with a maturity value of $5,001,317; collateralized by various Common Stock with an aggregate market value of $5,562,256. |
5,000,000 | 5,000,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.170%, due on 10/07/22 with a maturity value of $8,305,116; collateralized by various Common Stock with an aggregate market value of $9,233,344. |
8,300,000 | 8,300,000 | ||||||
TD Prime Services LLC |
14,635,662 | 14,635,662 | ||||||
|
|
|||||||
168,654,927 | ||||||||
|
|
|||||||
Time Deposit0.2% | ||||||||
National Bank of Canada |
5,000,000 | 5,000,000 | ||||||
|
|
|||||||
Mutual Funds0.3% | ||||||||
HSBC U.S. Government Money Market Fund, Class I |
2,000,000 | 2,000,000 | ||||||
STIT-Government & Agency Portfolio, Institutional Class |
5,000,000 | 5,000,000 | ||||||
|
|
|||||||
7,000,000 | ||||||||
|
|
|||||||
Total Securities Lending Reinvestments |
411,692,917 | |||||||
Total Investments 119.3% |
2,420,315,390 | |||||||
Other assets and liabilities (net) - (19.3)% |
(391,785,644 | ) | ||||||
|
|
|||||||
Net Assets 100.0% | $ | 2,028,529,746 | ||||||
|
|
* | Principal amount stated in U.S. dollars unless otherwise noted. | |||
(a) | Variable or floating rate security. The stated rate represents the rate at September 30, 2022. Maturity date shown for callable securities reflects the earliest possible call date. For securities based on a published reference index and spread, the index and spread are indicated in the description above. For certain variable rate securities, the coupon rate is determined by the issuer/agent based on current market conditions. For certain asset- and mortgage-backed securities, the coupon rate may fluctuate based on changes of the underlying collateral or prepayments of principal. These securities do not indicate a reference index and spread in their description above. | |||
(b) | All or a portion of the security was held on loan. As of September 30, 2022, the market value of securities loaned was $410,447,622 and the collateral received consisted of cash in the amount of $411,637,900 and non-cash collateral with a value of $28,192,912. The cash collateral investments are disclosed in the Schedule of Investments and categorized as Securities Lending Reinvestments. The non-cash collateral received consists of U.S. government securities that are held in safe-keeping by the lending agent, or a third-party custodian, and cannot be sold or repledged by the Portfolio. | |||
(c) | The rate shown represents current yield to maturity. | |||
(d) | Represents investment of cash collateral received from securities on loan as of September 30, 2022. | |||
(e) | The rate shown represents the annualized seven-day yield as of September 30, 2022. | |||
(144A) | Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of September 30, 2022, the market value of 144A securities was $1,121,808, which is 0.1% of net assets. |
Glossary of Abbreviations
Index Abbreviations
(FEDEFF PRV) | Effective Federal Funds Rate | |||
(H15) | U.S. Treasury Yield Curve Rate T-Note Constant Maturity Index | |||
(LIBOR) | London Interbank Offered Rate | |||
(OBFR) | U.S. Overnight Bank Funding Rate | |||
(SOFR) | Secured Overnight Financing Rate | |||
(TSFR) | Term Secured Financing Rate |
Other Abbreviations
(ACES) | Alternative Credit Enhancement Securities | |||
(DAC) | Designated Activity Company |
BHFTII-168
Table of Contents
Brighthouse Funds Trust II
MetLife Aggregate Bond Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the ciracumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Total U.S. Treasury & Government Agencies* |
$ | | $ | 1,421,193,730 | $ | | $ | 1,421,193,730 | ||||||||
Total Corporate Bonds & Notes* |
| 514,144,072 | | 514,144,072 | ||||||||||||
Total Foreign Government* |
| 30,204,486 | | 30,204,486 | ||||||||||||
Total Mortgage-Backed Securities* |
| 21,393,948 | | 21,393,948 | ||||||||||||
Total Municipals* |
| 12,760,305 | | 12,760,305 | ||||||||||||
Total Asset-Backed Securities* |
| 7,127,774 | | 7,127,774 | ||||||||||||
Total Short-Term Investment* |
| 1,798,158 | | 1,798,158 | ||||||||||||
Securities Lending Reinvestments |
| |||||||||||||||
Certificates of Deposit |
| 201,029,927 | | 201,029,927 | ||||||||||||
Commercial Paper |
| 25,008,063 | | 25,008,063 | ||||||||||||
Master Demand Notes |
| 5,000,000 | | 5,000,000 | ||||||||||||
Repurchase Agreements |
| 168,654,927 | | 168,654,927 | ||||||||||||
Time Deposit |
| 5,000,000 | | 5,000,000 | ||||||||||||
Mutual Funds |
7,000,000 | | | 7,000,000 | ||||||||||||
Total Securities Lending Reinvestments |
7,000,000 | 404,692,917 | | 411,692,917 | ||||||||||||
Total Investments |
$ | 7,000,000 | $ | 2,413,315,390 | $ | | $ | 2,420,315,390 | ||||||||
Collateral for Securities Loaned (Liability) |
$ | | $ | (411,637,900 | ) | $ | | $ | (411,637,900 | ) | ||||||
* See Schedule of Investments for additional detailed categorizations. |
BHFTII-169
Table of Contents
Brighthouse Funds Trust II
MetLife Mid Cap Stock Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks97.6% of Net Assets
Security Description | Shares | Value | ||||||
Aerospace & Defense1.3% | ||||||||
Axon Enterprise, Inc. (a) (b) |
31,511 | $ | 3,647,398 | |||||
Curtiss-Wright Corp. |
17,917 | 2,493,330 | ||||||
Hexcel Corp. (b) |
39,246 | 2,029,803 | ||||||
Mercury Systems, Inc. (a) |
26,913 | 1,092,668 | ||||||
Woodward, Inc. (b) |
28,076 | 2,253,380 | ||||||
|
|
|||||||
11,516,579 | ||||||||
|
|
|||||||
Air Freight & Logistics0.2% | ||||||||
GXO Logistics, Inc. (a) |
55,352 | 1,940,641 | ||||||
|
|
|||||||
Airlines0.1% | ||||||||
JetBlue Airways Corp. (a) (c) |
151,128 | 1,001,979 | ||||||
|
|
|||||||
Auto Components1.3% | ||||||||
Adient plc (a) |
44,244 | 1,227,771 | ||||||
Dana, Inc. |
59,538 | 680,519 | ||||||
Fox Factory Holding Corp. (a) |
19,722 | 1,559,616 | ||||||
Gentex Corp. |
109,725 | 2,615,844 | ||||||
Goodyear Tire & Rubber Co. (The) (a) |
131,972 | 1,331,598 | ||||||
Lear Corp. |
27,707 | 3,316,251 | ||||||
Visteon Corp. (a) |
13,123 | 1,391,825 | ||||||
|
|
|||||||
12,123,424 | ||||||||
|
|
|||||||
Automobiles0.4% | ||||||||
Harley-Davidson, Inc. (b) |
62,068 | 2,164,932 | ||||||
Thor Industries, Inc. (b) |
25,447 | 1,780,781 | ||||||
|
|
|||||||
3,945,713 | ||||||||
|
|
|||||||
Banks7.4% | ||||||||
Associated Banc-Corp. |
70,140 | 1,408,411 | ||||||
Bank of Hawaii Corp. |
18,752 | 1,427,402 | ||||||
Bank OZK |
51,896 | 2,053,006 | ||||||
Cadence Bank (b) |
85,147 | 2,163,585 | ||||||
Cathay General Bancorp |
34,729 | 1,335,677 | ||||||
Commerce Bancshares, Inc. (b) |
50,909 | 3,368,139 | ||||||
Cullen/Frost Bankers, Inc. |
29,926 | 3,956,816 | ||||||
East West Bancorp, Inc. |
65,760 | 4,415,126 | ||||||
First Financial Bankshares, Inc. (b) |
60,532 | 2,532,054 | ||||||
First Horizon National Corp. |
250,413 | 5,734,458 | ||||||
FNB Corp. |
163,673 | 1,898,607 | ||||||
Fulton Financial Corp. (b) |
78,098 | 1,233,948 | ||||||
Glacier Bancorp, Inc. (b) |
51,689 | 2,539,481 | ||||||
Hancock Whitney Corp. |
40,000 | 1,832,400 | ||||||
Home BancShares, Inc. |
88,996 | 2,003,300 | ||||||
International Bancshares Corp. |
24,688 | 1,049,240 | ||||||
Old National Bancorp |
136,680 | 2,251,120 | ||||||
PacWest Bancorp (b) |
54,959 | 1,242,073 | ||||||
Pinnacle Financial Partners, Inc. (b) |
35,660 | 2,892,026 | ||||||
Prosperity Bancshares, Inc. |
42,565 | 2,838,234 | ||||||
Synovus Financial Corp. |
67,837 | 2,544,566 | ||||||
Texas Capital Bancshares, Inc. (a) (b) |
23,278 | 1,374,100 | ||||||
UMB Financial Corp. |
20,288 | 1,710,076 | ||||||
Umpqua Holdings Corp. |
101,288 | 1,731,012 | ||||||
United Bankshares, Inc. |
62,803 | 2,245,207 | ||||||
Valley National Bancorp |
196,114 | 2,118,031 | ||||||
Banks(Continued) | ||||||||
Washington Federal, Inc. (b) |
30,483 | $ | 913,880 | |||||
Webster Financial Corp. |
82,054 | 3,708,841 | ||||||
Wintrust Financial Corp. |
28,343 | 2,311,372 | ||||||
|
|
|||||||
66,832,188 | ||||||||
|
|
|||||||
Beverages0.4% | ||||||||
Boston Beer Co., Inc. (The) - Class A (a) (b) |
4,438 | 1,436,359 | ||||||
Celsius Holdings, Inc. (a) (b) |
18,708 | 1,696,441 | ||||||
Coca-Cola Consolidated, Inc. |
2,148 | 884,396 | ||||||
|
|
|||||||
4,017,196 | ||||||||
|
|
|||||||
Biotechnology1.7% | ||||||||
Arrowhead Pharmaceuticals, Inc. (a) |
49,395 | 1,632,505 | ||||||
Exelixis, Inc. (a) |
150,185 | 2,354,901 | ||||||
Halozyme Therapeutics, Inc. (a) (b) |
64,295 | 2,542,224 | ||||||
Neurocrine Biosciences, Inc. (a) |
44,631 | 4,740,258 | ||||||
United Therapeutics Corp. (a) |
21,241 | 4,447,441 | ||||||
|
|
|||||||
15,717,329 | ||||||||
|
|
|||||||
Building Products2.4% | ||||||||
Builders FirstSource, Inc. (a) |
72,833 | 4,291,320 | ||||||
Carlisle Cos., Inc. |
24,138 | 6,768,536 | ||||||
Lennox International, Inc. |
15,046 | 3,350,293 | ||||||
Owens Corning |
44,911 | 3,530,454 | ||||||
Simpson Manufacturing Co., Inc. (b) |
20,144 | 1,579,290 | ||||||
Trex Co., Inc. (a) |
51,455 | 2,260,933 | ||||||
|
|
|||||||
21,780,826 | ||||||||
|
|
|||||||
Capital Markets1.8% | ||||||||
Affiliated Managers Group, Inc. |
17,839 | 1,995,292 | ||||||
Evercore, Inc. - Class A |
16,805 | 1,382,211 | ||||||
Federated Hermes, Inc. |
39,514 | 1,308,704 | ||||||
Interactive Brokers Group, Inc. - Class A |
47,993 | 3,067,233 | ||||||
Janus Henderson Group plc (b) |
61,844 | 1,256,052 | ||||||
Jefferies Financial Group, Inc. |
86,780 | 2,560,010 | ||||||
SEI Investments Co. |
48,052 | 2,356,950 | ||||||
Stifel Financial Corp. (b) |
49,533 | 2,571,258 | ||||||
|
|
|||||||
16,497,710 | ||||||||
|
|
|||||||
Chemicals2.3% | ||||||||
Ashland, Inc. |
23,243 | 2,207,388 | ||||||
Avient Corp. |
39,890 | 1,208,667 | ||||||
Cabot Corp. (b) |
26,272 | 1,678,518 | ||||||
Chemours Co. (The) |
72,396 | 1,784,561 | ||||||
Ingevity Corp. (a) |
16,690 | 1,011,915 | ||||||
NewMarket Corp. |
3,224 | 969,876 | ||||||
Olin Corp. |
62,991 | 2,701,054 | ||||||
RPM International, Inc. |
60,203 | 5,015,512 | ||||||
Scotts Miracle-Gro Co. (The) (b) |
18,874 | 806,863 | ||||||
Sensient Technologies Corp. |
19,617 | 1,360,243 | ||||||
Valvoline, Inc. |
82,607 | 2,093,261 | ||||||
|
|
|||||||
20,837,858 | ||||||||
|
|
BHFTII-170
Table of Contents
Brighthouse Funds Trust II
MetLife Mid Cap Stock Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Commercial Services & Supplies1.5% | ||||||||
Brinks Co. (The) |
22,046 | $ | 1,067,908 | |||||
Clean Harbors, Inc. (a) |
23,480 | 2,582,330 | ||||||
IAA, Inc. (a) |
62,414 | 1,987,886 | ||||||
MillerKnoll, Inc. |
35,392 | 552,115 | ||||||
MSA Safety, Inc. (b) |
17,163 | 1,875,573 | ||||||
Stericycle, Inc. (a) (b) |
43,016 | 1,811,404 | ||||||
Tetra Tech, Inc. |
24,882 | 3,198,084 | ||||||
|
|
|||||||
13,075,300 | ||||||||
|
|
|||||||
Communications Equipment0.9% | ||||||||
Calix, Inc. (a) |
26,487 | 1,619,415 | ||||||
Ciena Corp. (a) (b) |
69,860 | 2,824,440 | ||||||
Lumentum Holdings, Inc. (a) |
32,199 | 2,207,885 | ||||||
ViaSat, Inc. (a) (b) |
35,257 | 1,065,819 | ||||||
|
|
|||||||
7,717,559 | ||||||||
|
|
|||||||
Construction & Engineering1.9% | ||||||||
AECOM |
65,168 | 4,455,536 | ||||||
Dycom Industries, Inc. (a) |
13,791 | 1,317,454 | ||||||
EMCOR Group, Inc. |
23,029 | 2,659,389 | ||||||
Fluor Corp. (a) |
66,304 | 1,650,307 | ||||||
MasTec, Inc. (a) (b) |
26,667 | 1,693,354 | ||||||
MDU Resources Group, Inc. |
94,895 | 2,595,378 | ||||||
Valmont Industries, Inc. |
9,964 | 2,676,530 | ||||||
|
|
|||||||
17,047,948 | ||||||||
|
|
|||||||
Construction Materials0.2% | ||||||||
Eagle Materials, Inc. |
17,586 | 1,884,867 | ||||||
|
|
|||||||
Consumer Finance0.5% | ||||||||
Bread Financial Holdings, Inc. |
23,261 | 731,558 | ||||||
FirstCash Holdings, Inc. |
17,779 | 1,304,090 | ||||||
Navient Corp. |
51,642 | 758,621 | ||||||
SLM Corp. |
117,310 | 1,641,167 | ||||||
|
|
|||||||
4,435,436 | ||||||||
|
|
|||||||
Containers & Packaging0.9% | ||||||||
AptarGroup, Inc. |
30,490 | 2,897,465 | ||||||
Greif, Inc. - Class A (b) |
12,426 | 740,217 | ||||||
Silgan Holdings, Inc. (b) |
39,089 | 1,643,301 | ||||||
Sonoco Products Co. |
45,502 | 2,581,328 | ||||||
|
|
|||||||
7,862,311 | ||||||||
|
|
|||||||
Diversified Consumer Services1.1% | ||||||||
Graham Holdings Co. - Class B |
1,810 | 973,744 | ||||||
Grand Canyon Education, Inc. (a) (b) |
14,916 | 1,226,841 | ||||||
H&R Block, Inc. (b) |
74,475 | 3,168,166 | ||||||
Service Corp. International |
73,580 | 4,248,509 | ||||||
|
|
|||||||
9,617,260 | ||||||||
|
|
|||||||
Diversified Financial Services0.3% | ||||||||
Voya Financial, Inc. (b) |
45,694 | 2,764,487 | ||||||
|
|
|||||||
Diversified Telecommunication Services0.6% | ||||||||
Frontier Communications Parent, Inc. (a) |
104,035 | 2,431,298 | ||||||
Iridium Communications, Inc. (a) (b) |
59,253 | 2,629,056 | ||||||
|
|
|||||||
5,060,354 | ||||||||
|
|
|||||||
Electric Utilities1.4% | ||||||||
ALLETE, Inc. |
26,633 | 1,332,982 | ||||||
Hawaiian Electric Industries, Inc. (b) |
51,084 | 1,770,571 | ||||||
IDACORP, Inc. (b) |
23,594 | 2,336,042 | ||||||
OGE Energy Corp. |
93,426 | 3,406,312 | ||||||
PNM Resources, Inc. |
40,055 | 1,831,715 | ||||||
Portland General Electric Co. |
41,645 | 1,809,892 | ||||||
|
|
|||||||
12,487,514 | ||||||||
|
|
|||||||
Electrical Equipment2.1% | ||||||||
Acuity Brands, Inc. (b) |
15,266 | 2,403,937 | ||||||
EnerSys |
18,973 | 1,103,659 | ||||||
Hubbell, Inc. |
25,050 | 5,586,150 | ||||||
nVent Electric plc |
77,692 | 2,455,844 | ||||||
Regal Rexnord Corp. (b) |
31,023 | 4,354,388 | ||||||
Sunrun, Inc. (a) (b) |
98,979 | 2,730,831 | ||||||
Vicor Corp. (a) (b) |
10,376 | 613,637 | ||||||
|
|
|||||||
19,248,446 | ||||||||
|
|
|||||||
Electronic Equipment, Instruments & Components2.9% | ||||||||
Arrow Electronics, Inc. (a) |
29,946 | 2,760,722 | ||||||
Avnet, Inc. |
44,177 | 1,595,673 | ||||||
Belden, Inc. |
20,311 | 1,219,066 | ||||||
Cognex Corp. |
80,917 | 3,354,010 | ||||||
Coherent Corp. (a) |
60,491 | 2,108,111 | ||||||
IPG Photonics Corp. (a) |
15,464 | 1,304,388 | ||||||
Jabil, Inc. |
64,191 | 3,704,463 | ||||||
Littelfuse, Inc. |
11,552 | 2,295,267 | ||||||
National Instruments Corp. |
61,746 | 2,330,294 | ||||||
Novanta, Inc. (a) (b) |
16,633 | 1,923,606 | ||||||
TD SYNNEX Corp. |
19,680 | 1,597,819 | ||||||
Vishay Intertechnology, Inc. |
60,982 | 1,084,870 | ||||||
Vontier Corp. |
73,705 | 1,231,611 | ||||||
|
|
|||||||
26,509,900 | ||||||||
|
|
|||||||
Energy Equipment & Services0.5% | ||||||||
ChampionX Corp. (b) |
94,700 | 1,853,279 | ||||||
NOV, Inc. |
183,303 | 2,965,843 | ||||||
|
|
|||||||
4,819,122 | ||||||||
|
|
|||||||
Entertainment0.2% | ||||||||
World Wrestling Entertainment, Inc. - Class A (b) |
20,181 | 1,416,101 | ||||||
|
|
|||||||
Equity Real Estate Investment Trusts7.6% | ||||||||
Apartment Income REIT Corp. |
71,952 | 2,778,786 | ||||||
Brixmor Property Group, Inc. |
139,842 | 2,582,882 | ||||||
Corporate Office Properties Trust |
52,463 | 1,218,716 | ||||||
Cousins Properties, Inc. |
70,667 | 1,650,074 | ||||||
Douglas Emmett, Inc. (b) |
82,030 | 1,470,798 | ||||||
EastGroup Properties, Inc. |
20,331 | 2,934,577 | ||||||
EPR Properties (b) |
35,006 | 1,255,315 |
BHFTII-171
Table of Contents
Brighthouse Funds Trust II
MetLife Mid Cap Stock Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Equity Real Estate Investment Trusts(Continued) | ||||||||
First Industrial Realty Trust, Inc. |
61,631 | $ | 2,761,685 | |||||
Healthcare Realty Trust, Inc. - Class A |
177,586 | 3,702,668 | ||||||
Highwoods Properties, Inc. |
49,085 | 1,323,332 | ||||||
Independence Realty Trust, Inc. |
103,515 | 1,731,806 | ||||||
JBG SMITH Properties (b) |
46,441 | 862,874 | ||||||
Kilroy Realty Corp. |
49,084 | 2,066,927 | ||||||
Kite Realty Group Trust (b) |
102,251 | 1,760,762 | ||||||
Lamar Advertising Co. - Class A |
40,653 | 3,353,466 | ||||||
Life Storage, Inc. |
39,379 | 4,361,618 | ||||||
Macerich Co. (The) (b) |
100,226 | 795,794 | ||||||
Medical Properties Trust, Inc. (b) |
279,527 | 3,315,190 | ||||||
National Retail Properties, Inc. |
82,650 | 3,294,429 | ||||||
National Storage Affiliates Trust |
39,823 | 1,655,840 | ||||||
Omega Healthcare Investors, Inc. (b) |
109,249 | 3,221,753 | ||||||
Park Hotels & Resorts, Inc. |
104,924 | 1,181,444 | ||||||
Pebblebrook Hotel Trust (b) |
61,343 | 890,087 | ||||||
Physicians Realty Trust (b) |
105,614 | 1,588,435 | ||||||
PotlatchDeltic Corp. |
37,612 | 1,543,597 | ||||||
Rayonier, Inc. |
68,328 | 2,047,790 | ||||||
Rexford Industrial Realty, Inc. |
79,829 | 4,151,108 | ||||||
Sabra Health Care REIT, Inc. |
107,783 | 1,414,113 | ||||||
SL Green Realty Corp. (b) |
30,006 | 1,205,041 | ||||||
Spirit Realty Capital, Inc. |
63,625 | 2,300,680 | ||||||
STORE Capital Corp. |
124,003 | 3,885,014 | ||||||
|
|
|||||||
68,306,601 | ||||||||
|
|
|||||||
Food & Staples Retailing1.6% | ||||||||
BJs Wholesale Club Holdings, Inc. (a) |
63,084 | 4,593,146 | ||||||
Caseys General Stores, Inc. |
17,383 | 3,520,405 | ||||||
Grocery Outlet Holding Corp. (a) (b) |
41,162 | 1,370,283 | ||||||
Performance Food Group Co. (a) |
72,332 | 3,106,660 | ||||||
Sprouts Farmers Market, Inc. (a) (b) |
50,144 | 1,391,496 | ||||||
|
|
|||||||
13,981,990 | ||||||||
|
|
|||||||
Food Products1.5% | ||||||||
Darling Ingredients, Inc. (a) |
74,839 | 4,950,600 | ||||||
Flowers Foods, Inc. |
90,045 | 2,223,211 | ||||||
Ingredion, Inc. |
30,576 | 2,461,979 | ||||||
Lancaster Colony Corp. (b) |
9,247 | 1,389,639 | ||||||
Pilgrims Pride Corp. (a) |
21,194 | 487,886 | ||||||
Post Holdings, Inc. (a) |
25,377 | 2,078,630 | ||||||
|
|
|||||||
13,591,945 | ||||||||
|
|
|||||||
Gas Utilities1.4% | ||||||||
National Fuel Gas Co. |
42,688 | 2,627,446 | ||||||
New Jersey Resources Corp. |
44,905 | 1,737,823 | ||||||
ONE Gas, Inc. |
25,264 | 1,778,333 | ||||||
Southwest Gas Holdings, Inc. (a) |
28,768 | 2,006,568 | ||||||
Spire, Inc. (b) |
24,496 | 1,526,836 | ||||||
UGI Corp. |
97,709 | 3,158,932 | ||||||
|
|
|||||||
12,835,938 | ||||||||
|
|
|||||||
Health Care Equipment & Supplies3.7% | ||||||||
Enovis Corp. (a) |
22,228 | 1,024,044 | ||||||
Envista Holdings Corp. (a) |
76,247 | 2,501,664 | ||||||
Health Care Equipment & Supplies(Continued) | ||||||||
Globus Medical, Inc. - Class A (a) (b) |
35,950 | 2,141,541 | ||||||
Haemonetics Corp. (a) |
23,947 | 1,772,796 | ||||||
ICU Medical, Inc. (a) (b) |
9,368 | 1,410,821 | ||||||
Inari Medical, Inc. (a) |
22,423 | 1,628,807 | ||||||
Integra LifeSciences Holdings Corp. (a) |
33,901 | 1,436,046 | ||||||
LivaNova plc (a) (b) |
24,987 | 1,268,590 | ||||||
Masimo Corp. (a) |
22,553 | 3,183,581 | ||||||
Neogen Corp. (a) |
100,848 | 1,408,847 | ||||||
NuVasive, Inc. (a) |
24,294 | 1,064,320 | ||||||
Omnicell, Inc. (a) |
20,668 | 1,798,736 | ||||||
Penumbra, Inc. (a) (b) |
17,681 | 3,352,318 | ||||||
QuidelOrtho Corp. (a) |
25,308 | 1,809,016 | ||||||
Shockwave Medical, Inc. (a) |
16,766 | 4,662,122 | ||||||
STAAR Surgical Co. (a) |
22,417 | 1,581,519 | ||||||
Tandem Diabetes Care, Inc. (a) |
29,969 | 1,434,017 | ||||||
|
|
|||||||
33,478,785 | ||||||||
|
|
|||||||
Health Care Providers & Services2.6% | ||||||||
Acadia Healthcare Co., Inc. (a) (b) |
42,392 | 3,314,207 | ||||||
Amedisys, Inc. (a) |
15,140 | 1,465,401 | ||||||
Chemed Corp. |
6,956 | 3,036,711 | ||||||
Encompass Health Corp. |
46,562 | 2,105,999 | ||||||
HealthEquity, Inc. (a) |
39,371 | 2,644,550 | ||||||
LHC Group, Inc. (a) |
14,480 | 2,369,797 | ||||||
Option Care Health, Inc. (a) |
72,136 | 2,270,120 | ||||||
Patterson Cos., Inc. |
40,425 | 971,008 | ||||||
Progyny, Inc. (a) |
34,805 | 1,289,873 | ||||||
R1 RCM, Inc. (a) |
64,073 | 1,187,273 | ||||||
Tenet Healthcare Corp. (a) |
50,347 | 2,596,898 | ||||||
|
|
|||||||
23,251,837 | ||||||||
|
|
|||||||
Hotels, Restaurants & Leisure2.7% | ||||||||
Boyd Gaming Corp. |
37,892 | 1,805,554 | ||||||
Choice Hotels International, Inc. (b) |
13,536 | 1,482,463 | ||||||
Churchill Downs, Inc. |
15,481 | 2,850,826 | ||||||
Cracker Barrel Old Country Store, Inc. (b) |
10,635 | 984,588 | ||||||
Marriott Vacations Worldwide Corp. |
18,333 | 2,234,059 | ||||||
Papa Johns International, Inc. (b) |
15,010 | 1,050,850 | ||||||
Penn Entertainment, Inc. (a) |
73,994 | 2,035,575 | ||||||
Scientific Games Corp. - Class A (a) |
44,019 | 1,887,535 | ||||||
Texas Roadhouse, Inc. |
31,197 | 2,722,250 | ||||||
Travel and Leisure Co. |
39,117 | 1,334,672 | ||||||
Wendys Co. (The) |
79,445 | 1,484,827 | ||||||
Wingstop, Inc. (b) |
13,960 | 1,750,863 | ||||||
Wyndham Hotels & Resorts, Inc. |
42,151 | 2,585,964 | ||||||
|
|
|||||||
24,210,026 | ||||||||
|
|
|||||||
Household Durables1.3% | ||||||||
Helen of Troy, Ltd. (a) |
11,185 | 1,078,681 | ||||||
KB Home |
39,425 | 1,021,896 | ||||||
Leggett & Platt, Inc. (b) |
61,887 | 2,055,886 | ||||||
Taylor Morrison Home Corp. (a) (b) |
53,039 | 1,236,870 | ||||||
Tempur Sealy International, Inc. |
80,356 | 1,939,794 | ||||||
Toll Brothers, Inc. |
49,899 | 2,095,758 | ||||||
TopBuild Corp. (a) |
15,110 | 2,489,826 | ||||||
|
|
|||||||
11,918,711 | ||||||||
|
|
BHFTII-172
Table of Contents
Brighthouse Funds Trust II
MetLife Mid Cap Stock Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Household Products0.1% | ||||||||
Energizer Holdings, Inc. (b) |
30,924 | $ | 777,429 | |||||
|
|
|||||||
Independent Power and Renewable Electricity Producers0.2% | ||||||||
Ormat Technologies, Inc. (b) |
20,882 | 1,800,028 | ||||||
|
|
|||||||
Insurance4.4% | ||||||||
Alleghany Corp. (a) |
6,279 | 5,270,404 | ||||||
American Financial Group, Inc. |
32,588 | 4,006,043 | ||||||
Brighthouse Financial, Inc. (a) (d) |
33,513 | 1,455,134 | ||||||
CNO Financial Group, Inc. |
53,384 | 959,311 | ||||||
First American Financial Corp. |
48,607 | 2,240,783 | ||||||
Hanover Insurance Group, Inc. (The) |
16,629 | 2,130,840 | ||||||
Kemper Corp. (b) |
29,797 | 1,229,424 | ||||||
Kinsale Capital Group, Inc. (b) |
10,047 | 2,566,205 | ||||||
Old Republic International Corp. (b) |
134,076 | 2,806,211 | ||||||
Primerica, Inc. (b) |
17,478 | 2,157,659 | ||||||
Reinsurance Group of America, Inc. |
31,269 | 3,933,953 | ||||||
RenaissanceRe Holdings, Ltd. |
20,395 | 2,863,254 | ||||||
RLI Corp. |
18,843 | 1,929,146 | ||||||
Selective Insurance Group, Inc. (b) |
28,153 | 2,291,654 | ||||||
Unum Group |
87,731 | 3,403,963 | ||||||
|
|
|||||||
39,243,984 | ||||||||
|
|
|||||||
Interactive Media & Services0.3% | ||||||||
TripAdvisor, Inc. (a) (b) |
48,614 | 1,073,397 | ||||||
Ziff Davis, Inc. (a) |
22,022 | 1,508,067 | ||||||
|
|
|||||||
2,581,464 | ||||||||
|
|
|||||||
IT Services2.0% | ||||||||
Concentrix Corp. |
19,916 | 2,223,223 | ||||||
Euronet Worldwide, Inc. (a) |
21,980 | 1,665,205 | ||||||
ExlService Holdings, Inc. (a) |
15,429 | 2,265,131 | ||||||
Genpact, Ltd. |
78,774 | 3,447,938 | ||||||
Kyndryl Holdings, Inc. (a) (b) |
95,238 | 787,618 | ||||||
Maximus, Inc. |
28,256 | 1,635,175 | ||||||
Sabre Corp. (a) (b) |
153,150 | 788,723 | ||||||
Western Union Co. (The) (b) |
180,014 | 2,430,189 | ||||||
WEX, Inc. (a) (b) |
20,614 | 2,616,741 | ||||||
|
|
|||||||
17,859,943 | ||||||||
|
|
|||||||
Leisure Products1.1% | ||||||||
Brunswick Corp. |
34,705 | 2,271,442 | ||||||
Mattel, Inc. (a) |
164,848 | 3,122,221 | ||||||
Polaris, Inc. (b) |
26,125 | 2,498,856 | ||||||
Topgolf Callaway Brands Corp. (a) (b) |
64,668 | 1,245,506 | ||||||
YETI Holdings, Inc. (a) (b) |
40,214 | 1,146,904 | ||||||
|
|
|||||||
10,284,929 | ||||||||
|
|
|||||||
Life Sciences Tools & Services1.4% | ||||||||
Azenta, Inc. (b) |
35,008 | 1,500,443 | ||||||
Bruker Corp. |
47,008 | 2,494,245 | ||||||
Medpace Holdings, Inc. (a) (b) |
11,718 | 1,841,718 | ||||||
Repligen Corp. (a) (b) |
24,083 | 4,506,170 | ||||||
Sotera Health Co. (a) |
46,206 | 315,125 | ||||||
Syneos Health, Inc. (a) |
47,903 | 2,258,626 | ||||||
|
|
|||||||
12,916,327 | ||||||||
|
|
|||||||
Machinery4.2% | ||||||||
AGCO Corp. |
28,894 | 2,778,736 | ||||||
Chart Industries, Inc. (a) (b) |
16,736 | 3,085,282 | ||||||
Crane Holdings Co. |
22,252 | 1,947,940 | ||||||
Donaldson Co., Inc. |
57,659 | 2,825,868 | ||||||
Esab Corp. (b) |
21,295 | 710,401 | ||||||
Flowserve Corp. |
60,988 | 1,482,008 | ||||||
Graco, Inc. |
78,919 | 4,731,194 | ||||||
ITT, Inc. |
38,592 | 2,521,601 | ||||||
Kennametal, Inc. |
37,957 | 781,155 | ||||||
Lincoln Electric Holdings, Inc. |
27,028 | 3,397,960 | ||||||
Middleby Corp. (The) (a) |
25,146 | 3,222,963 | ||||||
Oshkosh Corp. |
30,506 | 2,144,267 | ||||||
Terex Corp. |
31,639 | 940,944 | ||||||
Timken Co. (The) |
31,190 | 1,841,458 | ||||||
Toro Co. (The) |
48,799 | 4,220,137 | ||||||
Watts Water Technologies, Inc. - Class A |
12,742 | 1,602,052 | ||||||
|
|
|||||||
38,233,966 | ||||||||
|
|
|||||||
Marine0.2% | ||||||||
Kirby Corp. (a) |
27,953 | 1,698,704 | ||||||
|
|
|||||||
Media0.8% | ||||||||
Cable One, Inc. |
2,278 | 1,943,248 | ||||||
John Wiley & Sons, Inc. - Class A (b) |
20,057 | 753,341 | ||||||
New York Times Co. (The) - Class A |
77,217 | 2,219,988 | ||||||
TEGNA, Inc. (b) |
104,116 | 2,153,119 | ||||||
|
|
|||||||
7,069,696 | ||||||||
|
|
|||||||
Metals & Mining2.8% | ||||||||
Alcoa Corp. |
83,963 | 2,826,195 | ||||||
Cleveland-Cliffs, Inc. (a) (b) |
241,400 | 3,251,658 | ||||||
Commercial Metals Co. |
56,227 | 1,994,934 | ||||||
MP Materials Corp. (a) (b) |
43,079 | 1,176,057 | ||||||
Reliance Steel & Aluminum Co. |
28,137 | 4,907,374 | ||||||
Royal Gold, Inc. |
30,631 | 2,873,800 | ||||||
Steel Dynamics, Inc. (b) |
80,956 | 5,743,828 | ||||||
United States Steel Corp. |
110,703 | 2,005,938 | ||||||
Worthington Industries, Inc. (b) |
14,097 | 537,660 | ||||||
|
|
|||||||
25,317,444 | ||||||||
|
|
|||||||
Mortgage Real Estate Investment Trusts0.4% | ||||||||
Annaly Capital Management, Inc. |
201,165 | 3,451,991 | ||||||
|
|
|||||||
Multi-Utilities0.4% | ||||||||
Black Hills Corp. |
30,370 | 2,056,960 | ||||||
NorthWestern Corp. |
26,202 | 1,291,235 | ||||||
|
|
|||||||
3,348,195 | ||||||||
|
|
|||||||
Multiline Retail0.6% | ||||||||
Kohls Corp. (b) |
59,947 | 1,507,667 | ||||||
Macys, Inc. |
125,872 | 1,972,414 | ||||||
Nordstrom, Inc. (b) |
52,454 | 877,556 | ||||||
Ollies Bargain Outlet Holdings, Inc. (a) (b) |
27,122 | 1,399,495 | ||||||
|
|
|||||||
5,757,132 | ||||||||
|
|
BHFTII-173
Table of Contents
Brighthouse Funds Trust II
MetLife Mid Cap Stock Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Oil, Gas & Consumable Fuels3.4% | ||||||||
Antero Midstream Corp. (b) |
156,293 | $ | 1,434,770 | |||||
CNX Resources Corp. (a) |
88,409 | 1,372,992 | ||||||
DT Midstream, Inc. (a) (b) |
45,141 | 2,342,366 | ||||||
Equitrans Midstream Corp. (b) |
201,960 | 1,510,661 | ||||||
HF Sinclair Corp. |
67,798 | 3,650,244 | ||||||
Matador Resources Co. |
52,364 | 2,561,647 | ||||||
Murphy Oil Corp. |
68,190 | 2,398,242 | ||||||
PDC Energy, Inc. (b) |
44,942 | 2,597,198 | ||||||
Range Resources Corp. |
115,630 | 2,920,814 | ||||||
Southwestern Energy Co. (a) |
519,999 | 3,182,394 | ||||||
Targa Resources Corp. |
105,724 | 6,379,386 | ||||||
|
|
|||||||
30,350,714 | ||||||||
|
|
|||||||
Paper & Forest Products0.2% | ||||||||
Louisiana-Pacific Corp. (b) |
34,472 | 1,764,622 | ||||||
|
|
|||||||
Personal Products0.3% | ||||||||
BellRing Brands, Inc. (a) |
63,205 | 1,302,655 | ||||||
Coty, Inc. - Class A (a) |
168,394 | 1,064,250 | ||||||
Nu Skin Enterprises, Inc. - Class A |
23,510 | 784,529 | ||||||
|
|
|||||||
3,151,434 | ||||||||
|
|
|||||||
Pharmaceuticals0.7% | ||||||||
Jazz Pharmaceuticals plc (a) |
29,251 | 3,898,866 | ||||||
Perrigo Co. plc |
62,820 | 2,240,161 | ||||||
|
|
|||||||
6,139,027 | ||||||||
|
|
|||||||
Professional Services1.8% | ||||||||
ASGN, Inc. (a) |
23,426 | 2,117,008 | ||||||
CACI International, Inc. - Class A (a) |
10,928 | 2,852,864 | ||||||
FTI Consulting, Inc. (a) (b) |
16,119 | 2,671,079 | ||||||
Insperity, Inc. |
16,680 | 1,702,861 | ||||||
KBR, Inc. (b) |
64,885 | 2,804,330 | ||||||
ManpowerGroup, Inc. |
24,146 | 1,562,005 | ||||||
Science Applications International Corp. |
25,985 | 2,297,853 | ||||||
|
|
|||||||
16,008,000 | ||||||||
|
|
|||||||
Real Estate Management & Development0.4% | ||||||||
Jones Lang LaSalle, Inc. (a) |
22,361 | 3,378,076 | ||||||
|
|
|||||||
Road & Rail1.7% | ||||||||
Avis Budget Group, Inc. (a) (b) |
13,458 | 1,997,975 | ||||||
Knight-Swift Transportation Holdings, Inc. |
74,975 | 3,668,527 | ||||||
Landstar System, Inc. |
16,999 | 2,454,145 | ||||||
Ryder System, Inc. |
23,890 | 1,803,456 | ||||||
Saia, Inc. (a) |
12,326 | 2,341,940 | ||||||
Werner Enterprises, Inc. |
27,522 | 1,034,827 | ||||||
XPO Logistics, Inc. (a) |
53,684 | 2,390,012 | ||||||
|
|
|||||||
15,690,882 | ||||||||
|
|
|||||||
Semiconductors & Semiconductor Equipment3.4% | ||||||||
Amkor Technology, Inc. |
46,844 | 798,690 | ||||||
Cirrus Logic, Inc. (a) |
26,105 | 1,796,024 | ||||||
First Solar, Inc. (a) (b) |
46,261 | 6,118,942 | ||||||
Lattice Semiconductor Corp. (a) |
64,080 | 3,153,377 | ||||||
Semiconductors & Semiconductor Equipment(Continued) | ||||||||
MACOM Technology Solutions Holdings, Inc. (a) |
23,845 | 1,234,933 | ||||||
MKS Instruments, Inc. |
26,684 | 2,205,166 | ||||||
Power Integrations, Inc. |
26,684 | 1,716,315 | ||||||
Semtech Corp. (a) |
29,622 | 871,183 | ||||||
Silicon Laboratories, Inc. (a) (b) |
15,971 | 1,971,460 | ||||||
SiTime Corp. (a) (b) |
7,450 | 586,539 | ||||||
SunPower Corp. (a) (b) |
39,808 | 917,176 | ||||||
Synaptics, Inc. (a) (b) |
18,489 | 1,830,596 | ||||||
Universal Display Corp. |
20,277 | 1,913,135 | ||||||
Wolfspeed, Inc. (a) (b) |
57,695 | 5,963,355 | ||||||
|
|
|||||||
31,076,891 | ||||||||
|
|
|||||||
Software3.2% | ||||||||
ACI Worldwide, Inc. (a) |
53,220 | 1,112,298 | ||||||
Aspen Technology, Inc. (a) |
13,504 | 3,216,653 | ||||||
Blackbaud, Inc. (a) |
20,787 | 915,875 | ||||||
CommVault Systems, Inc. (a) |
20,909 | 1,109,013 | ||||||
Dynatrace, Inc. (a) (b) |
93,862 | 3,267,336 | ||||||
Envestnet, Inc. (a) |
25,758 | 1,143,655 | ||||||
Fair Isaac Corp. (a) |
11,785 | 4,855,538 | ||||||
Manhattan Associates, Inc. (a) |
29,268 | 3,893,522 | ||||||
NCR Corp. (a) |
63,885 | 1,214,454 | ||||||
Paylocity Holding Corp. (a) (b) |
19,089 | 4,611,521 | ||||||
Qualys, Inc. (a) |
16,292 | 2,270,942 | ||||||
Teradata Corp. (a) (b) |
47,972 | 1,490,010 | ||||||
|
|
|||||||
29,100,817 | ||||||||
|
|
|||||||
Specialty Retail2.9% | ||||||||
AutoNation, Inc. (a) |
18,027 | 1,836,410 | ||||||
Dicks Sporting Goods, Inc. (b) |
26,556 | 2,778,820 | ||||||
Five Below, Inc. (a) (b) |
25,895 | 3,564,965 | ||||||
Foot Locker, Inc. |
37,488 | 1,167,001 | ||||||
GameStop Corp. - Class A (a) (b) |
117,946 | 2,963,983 | ||||||
Gap, Inc. (The) (b) |
99,594 | 817,667 | ||||||
Lithia Motors, Inc. |
12,846 | 2,756,109 | ||||||
Murphy USA, Inc. |
10,026 | 2,756,248 | ||||||
RH (a) (b) |
9,330 | 2,295,833 | ||||||
Victorias Secret & Co. (a) (b) |
38,769 | 1,128,953 | ||||||
Williams-Sonoma, Inc. (b) |
32,089 | 3,781,689 | ||||||
|
|
|||||||
25,847,678 | ||||||||
|
|
|||||||
Technology Hardware, Storage & Peripherals0.1% | ||||||||
Xerox Holdings Corp. |
52,270 | 683,692 | ||||||
|
|
|||||||
Textiles, Apparel & Luxury Goods1.8% | ||||||||
Capri Holdings, Ltd. (a) |
64,414 | 2,476,074 | ||||||
Carters, Inc. (b) |
18,198 | 1,192,515 | ||||||
Columbia Sportswear Co. |
16,516 | 1,111,527 | ||||||
Crocs, Inc. (a) |
28,769 | 1,975,280 | ||||||
Deckers Outdoor Corp. (a) (c) |
12,381 | 3,870,424 | ||||||
Hanesbrands, Inc. (b) |
162,836 | 1,133,339 | ||||||
PVH Corp. |
31,247 | 1,399,866 | ||||||
Skechers USA, Inc. - Class A (a) |
62,943 | 1,996,552 | ||||||
Under Armour, Inc. (a) |
88,053 | 585,552 | ||||||
Under Armour, Inc. - Class C (a) |
93,146 | 555,150 | ||||||
|
|
|||||||
16,296,279 | ||||||||
|
|
BHFTII-174
Table of Contents
Brighthouse Funds Trust II
MetLife Mid Cap Stock Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares/ Principal Amount* |
Value | ||||||
Thrifts & Mortgage Finance0.6% | ||||||||
Essent Group, Ltd. |
50,257 | $ | 1,752,462 | |||||
MGIC Investment Corp. |
141,602 | 1,815,338 | ||||||
New York Community Bancorp, Inc. (b) |
217,531 | 1,855,539 | ||||||
|
|
|||||||
5,423,339 | ||||||||
|
|
|||||||
Trading Companies & Distributors1.0% | ||||||||
GATX Corp. (b) |
16,473 | 1,402,676 | ||||||
MSC Industrial Direct Co., Inc. - Class A |
22,087 | 1,608,154 | ||||||
Univar Solutions, Inc. (a) |
77,835 | 1,769,968 | ||||||
Watsco, Inc. (b) |
15,497 | 3,989,858 | ||||||
|
|
|||||||
8,770,656 | ||||||||
|
|
|||||||
Water Utilities0.5% | ||||||||
Essential Utilities, Inc. |
111,289 | 4,605,139 | ||||||
|
|
|||||||
Total Common Stocks |
880,362,359 | |||||||
|
|
|||||||
Mutual Funds0.9% |
| |||||||
Investment Companies0.9% | ||||||||
SPDR S&P MidCap 400 ETF Trust (b) |
20,000 | 8,033,200 | ||||||
|
|
|||||||
Short-Term Investment1.3% |
| |||||||
U.S. Treasury1.3% | ||||||||
U.S. Treasury Bill |
12,125,000 | 12,118,399 | ||||||
|
|
|||||||
Total Short-Term Investments |
12,118,399 | |||||||
|
|
|||||||
Securities Lending Reinvestments (f)15.8% |
| |||||||
Certificates of Deposit7.0% | ||||||||
Bank of Montreal (Chicago) |
3,000,000 | 3,000,000 | ||||||
Bank of Nova Scotia | ||||||||
3.460%, FEDEFF PRV + 0.380%, 01/06/23 (g) |
3,000,000 | 3,000,858 | ||||||
3.470%, SOFR + 0.510%, 03/15/23 (g) |
5,000,000 | 5,000,000 | ||||||
3.640%, SOFR + 0.680%, 08/16/23 (g) |
1,000,000 | 1,001,338 | ||||||
BNP Paribas S.A. | ||||||||
3.180%, SOFR + 0.220%, 11/17/22 (g) |
2,000,000 | 1,999,760 | ||||||
3.470%, SOFR + 0.510%, 03/15/23 (g) |
3,000,000 | 3,000,954 | ||||||
Canadian Imperial Bank of Commerce (NY) | ||||||||
3.210%, SOFR + 0.250%, 02/03/23 (g) |
3,000,000 | 2,999,724 | ||||||
3.460%, SOFR + 0.500%, 03/03/23 (g) |
2,000,000 | 2,001,433 | ||||||
Citibank N.A. |
3,000,000 | 2,999,556 | ||||||
Commonwealth Bank of Australia |
1,000,000 | 1,000,212 | ||||||
Certificates of Deposit(Continued) | ||||||||
Credit Industriel et Commercial |
3,000,000 | 3,000,351 | ||||||
Mitsubishi UFJ Trust and Banking Corp. |
4,000,000 | 4,003,580 | ||||||
Mizuho Bank, Ltd. | ||||||||
3.300%, SOFR + 0.320%, 10/26/22 (g) |
3,000,000 | 3,000,000 | ||||||
3.310%, SOFR + 0.330%, 10/11/22 (g) |
2,000,000 | 1,999,812 | ||||||
National Australia Bank, Ltd. |
1,000,000 | 1,000,000 | ||||||
Nordea Bank Abp (NY) |
2,000,000 | 2,001,718 | ||||||
Norinchukin Bank |
2,000,000 | 2,000,114 | ||||||
Oversea-Chinese Banking Corp., Ltd. |
4,000,000 | 4,001,384 | ||||||
Rabobank (London) |
2,000,000 | 2,000,000 | ||||||
Standard Chartered Bank (NY) |
1,000,000 | 1,000,631 | ||||||
Sumitomo Mitsui Banking Corp. | ||||||||
3.360%, SOFR + 0.400%, 11/02/22 (g) |
2,000,000 | 2,000,456 | ||||||
3.370%, SOFR + 0.410%, 03/06/23 (g) |
2,000,000 | 2,000,444 | ||||||
Sumitomo Mitsui Trust Bank, Ltd. | ||||||||
3.300%, SOFR + 0.340%, 10/11/22 (g) |
2,000,000 | 2,000,084 | ||||||
3.410%, SOFR + 0.450%, 02/24/23 (g) |
3,000,000 | 3,002,517 | ||||||
Svenska Handelsbanken AB |
2,000,000 | 2,000,114 | ||||||
Westpac Banking Corp. |
2,000,000 | 1,999,380 | ||||||
|
|
|||||||
63,014,420 | ||||||||
|
|
|||||||
Commercial Paper0.9% | ||||||||
Australia & New Zealand Banking Group, Ltd. |
3,000,000 | 3,000,753 | ||||||
Macquarie Bank Ltd. |
3,000,000 | 3,002,814 | ||||||
Skandinaviska Enskilda Banken AB |
2,000,000 | 2,000,320 | ||||||
|
|
|||||||
8,003,887 | ||||||||
|
|
|||||||
Repurchase Agreements6.5% | ||||||||
Cantor Fitzgerald & Co. |
4,758,873 | 4,758,873 | ||||||
National Bank Financial, Inc. |
10,000,000 | 10,000,000 |
BHFTII-175
Table of Contents
Brighthouse Funds Trust II
MetLife Mid Cap Stock Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Securities Lending Reinvestments (f)(Continued)
Security Description | Shares/ Principal Amount* |
Value | ||||||
Repurchase Agreements(Continued) | ||||||||
National Bank of Canada | ||||||||
Repurchase Agreement dated 09/30/22 at 3.070%, due on 10/07/22 with a maturity value of $5,403,224; collateralized by U.S. Treasury Obligations with rates ranging from 0.500% - 3.875%, maturity dates ranging from 05/31/23 - 05/15/32, and an aggregate market value of $5,521,774. |
5,400,000 | $ | 5,400,000 | |||||
Repurchase Agreement dated 09/30/22 at 3.200%, due on 10/07/22 with a maturity value of $11,106,907; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 5.500%, maturity dates ranging from 11/03/22 - 02/15/52, and various Common Stock with an aggregate market value of $12,166,156. |
11,100,000 | 11,100,000 | ||||||
Natixis S.A. (New York) |
15,428,729 | 15,428,729 | ||||||
NBC Global Finance, Ltd. |
2,000,000 | 2,000,000 | ||||||
Societe Generale | ||||||||
Repurchase Agreement dated 09/30/22 at 3.000%, due on 10/03/22 with a maturity value of $1,100,275; collateralized by U.S. Treasury Obligations with rates ranging from 0.125% - 3.875%, maturity dates ranging from 10/31/22 - 08/15/40, and an aggregate market value of $1,122,748. |
1,100,000 | 1,100,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.070%, due on 10/03/22 with a maturity value of $1,200,307; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 1.125%, maturity dates ranging from 03/09/23 - 05/15/40, and various Common Stock with an aggregate market value of $1,333,277. |
1,200,000 | 1,200,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.160%, due on 10/03/22 with a maturity value of $5,001,317; collateralized by various Common Stock with an aggregate market value of $5,562,256. |
5,000,000 | 5,000,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.170%, due on 10/07/22 with a maturity value of $2,501,541; collateralized by various Common Stock with an aggregate market value of $2,781,128. |
2,500,000 | 2,500,000 | ||||||
|
|
|||||||
58,487,602 | ||||||||
|
|
|||||||
Mutual Funds1.4% | ||||||||
AB Government Money Market Portfolio, Institutional Class |
3,000,000 | 3,000,000 | ||||||
HSBC U.S. Government Money Market Fund, Class I |
5,000,000 | 5,000,000 | ||||||
Mutual Funds(Continued) | ||||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class |
||||||||
2.940% (h) |
5,000,000 | 5,000,000 | ||||||
|
|
|||||||
13,000,000 | ||||||||
|
|
|||||||
Total Securities Lending Reinvestments |
142,505,909 | |||||||
|
|
|||||||
Total Investments115.6% |
1,043,019,867 | |||||||
Other assets and liabilities (net)(15.6)% |
(140,869,617 | ) | ||||||
|
|
|||||||
Net Assets100.0% | $ | 902,150,250 | ||||||
|
|
* | Principal amount stated in U.S. dollars unless otherwise noted. | |||
(a) | Non-income producing security. | |||
(b) | All or a portion of the security was held on loan. As of September 30, 2022, the market value of securities loaned was $137,743,257 and the collateral received consisted of cash in the amount of $142,487,685 and non-cash collateral with a value of $499,996. The cash collateral investments are disclosed in the Schedule of Investments and categorized as Securities Lending Reinvestments. The non-cash collateral received consists of U.S. government securities that are held in safe-keeping by the lending agent, or a third-party custodian, and cannot be sold or repledged by the Portfolio. | |||
(c) | All or a portion of the security was pledged as collateral against open futures contracts. As of September 30, 2022, the market value of securities pledged was $2,685,520. | |||
(d) | Affiliated Issuer. | |||
(e) | The rate shown represents current yield to maturity. | |||
(f) | Represents investment of cash collateral received from securities on loan as of September 30, 2022. | |||
(g) | Variable or floating rate security. The stated rate represents the rate at September 30, 2022. Maturity date shown for callable securities reflects the earliest possible call date. For securities based on a published reference index and spread, the index and spread are indicated in the description above. For certain variable rate securities, the coupon rate is determined by the issuer/agent based on current market conditions. For certain asset- and mortgage-backed securities, the coupon rate may fluctuate based on changes of the underlying collateral or prepayments of principal. These securities do not indicate a reference index and spread in their description above. | |||
(h) | The rate shown represents the annualized seven-day yield as of September 30, 2022. |
BHFTII-176
Table of Contents
Brighthouse Funds Trust II
MetLife Mid Cap Stock Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Futures Contracts
Futures ContractsLong |
Expiration Date |
Number of Contracts |
Notional Amount |
Value/ Unrealized Appreciation/ (Depreciation) |
||||||||||||||||
S&P Midcap 400 Index E-Mini Futures |
12/16/22 | 57 | USD | 12,586,740 | $ | (1,301,702 | ) | |||||||||||||
|
|
Glossary of Abbreviations
Currencies
(USD) | United States Dollar |
Index Abbreviations
(FEDEFF PRV) | Effective Federal Funds Rate | |||
(SOFR) | Secured Overnight Financing Rate |
Other Abbreviations
(ETF) | Exchange-Traded Fund | |||
(REIT) | Real Estate Investment Trust |
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Total Common Stocks* |
$ | 880,362,359 | $ | | $ | | $ | 880,362,359 | ||||||||
Total Mutual Funds* |
8,033,200 | | | 8,033,200 | ||||||||||||
Total Short-Term Investment* |
| 12,118,399 | | 12,118,399 | ||||||||||||
Securities Lending Reinvestments | ||||||||||||||||
Certificates of Deposit |
| 63,014,420 | | 63,014,420 | ||||||||||||
Commercial Paper |
| 8,003,887 | | 8,003,887 | ||||||||||||
Repurchase Agreements |
| 58,487,602 | | 58,487,602 | ||||||||||||
Mutual Funds |
13,000,000 | | | 13,000,000 | ||||||||||||
Total Securities Lending Reinvestments |
13,000,000 | 129,505,909 | | 142,505,909 | ||||||||||||
Total Investments |
$ | 901,395,559 | $ | 141,624,308 | $ | | $ | 1,043,019,867 | ||||||||
Collateral for Securities Loaned (Liability) |
$ | | $ | (142,487,685 | ) | $ | | $ | (142,487,685 | ) | ||||||
Futures Contracts | ||||||||||||||||
Futures Contracts (Unrealized Depreciation) |
$ | (1,301,702 | ) | $ | | $ | | $ | (1,301,702 | ) |
* | See Schedule of Investments for additional detailed categorizations. |
BHFTII-177
Table of Contents
Brighthouse Funds Trust II
MetLife MSCI EAFE Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks94.0% of Net Assets
Security Description | Shares | Value | ||||||
Australia7.5% | ||||||||
Ampol, Ltd. |
15,576 | $ | 289,077 | |||||
APA Group |
77,620 | 476,393 | ||||||
Aristocrat Leisure, Ltd. |
38,272 | 802,837 | ||||||
ASX, Ltd. |
13,079 | 604,506 | ||||||
Aurizon Holdings, Ltd. |
132,266 | 292,106 | ||||||
Australia & New Zealand Banking Group, Ltd. |
194,691 | 2,841,451 | ||||||
BGP Holdings plc (a) (b) (c) |
713,624 | 0 | ||||||
BHP Group, Ltd. |
330,760 | 8,280,044 | ||||||
BlueScope Steel, Ltd. |
33,509 | 325,851 | ||||||
Brambles, Ltd. |
91,149 | 664,756 | ||||||
Cochlear, Ltd. |
4,353 | 540,666 | ||||||
Coles Group, Ltd. |
88,152 | 932,204 | ||||||
Commonwealth Bank of Australia |
111,058 | 6,487,685 | ||||||
Computershare, Ltd. |
32,168 | 512,791 | ||||||
CSL, Ltd. |
31,354 | 5,714,528 | ||||||
Dexus (REIT) |
77,269 | 385,224 | ||||||
Dominos Pizza Enterprises, Ltd. |
4,255 | 140,024 | ||||||
Endeavour Group, Ltd. |
89,555 | 403,453 | ||||||
Evolution Mining, Ltd. |
118,939 | 157,652 | ||||||
Fortescue Metals Group, Ltd. |
106,038 | 1,142,314 | ||||||
Goodman Group (REIT) |
106,052 | 1,065,079 | ||||||
GPT Group (The) (REIT) |
137,557 | 335,614 | ||||||
IDP Education, Ltd. |
14,103 | 237,197 | ||||||
Insurance Australia Group, Ltd. |
171,814 | 508,518 | ||||||
Lendlease Corp., Ltd. |
48,652 | 276,574 | ||||||
Lottery Corp., Ltd. (The) (c) |
153,298 | 409,360 | ||||||
Macquarie Group, Ltd. |
24,188 | 2,359,433 | ||||||
Medibank Private, Ltd. |
194,632 | 434,778 | ||||||
Mineral Resources, Ltd. |
11,249 | 473,314 | ||||||
Mirvac Group (REIT) |
261,656 | 324,834 | ||||||
National Australia Bank, Ltd. |
209,806 | 3,866,890 | ||||||
Newcrest Mining, Ltd. |
59,082 | 646,134 | ||||||
Northern Star Resources, Ltd. |
79,868 | 404,730 | ||||||
Orica, Ltd. |
24,591 | 207,527 | ||||||
Origin Energy, Ltd. |
123,597 | 407,068 | ||||||
Qantas Airways, Ltd. (c) |
58,443 | 189,100 | ||||||
QBE Insurance Group, Ltd. |
90,383 | 671,118 | ||||||
Ramsay Health Care, Ltd. |
11,010 | 405,884 | ||||||
REA Group, Ltd. |
2,790 | 203,444 | ||||||
Reece, Ltd. |
8,949 | 79,564 | ||||||
Rio Tinto, Ltd. |
24,091 | 1,441,120 | ||||||
Santos, Ltd. |
208,207 | 947,890 | ||||||
Scentre Group (REIT) |
344,461 | 557,324 | ||||||
Seek, Ltd. |
23,745 | 288,791 | ||||||
Sonic Healthcare, Ltd. |
30,246 | 591,569 | ||||||
South32, Ltd. |
315,794 | 733,688 | ||||||
Stockland (REIT) |
162,137 | 339,363 | ||||||
Suncorp Group, Ltd. |
76,841 | 492,863 | ||||||
Telstra Corp., Ltd. |
272,889 | 672,288 | ||||||
Transurban Group |
203,784 | 1,606,617 | ||||||
Treasury Wine Estates, Ltd. |
53,467 | 432,715 | ||||||
Vicinity Centres (REIT) |
256,796 | 288,214 | ||||||
Washington H Soul Pattinson & Co., Ltd. |
14,627 | 250,209 | ||||||
Wesfarmers, Ltd. |
72,538 | 1,981,604 | ||||||
Westpac Banking Corp. |
231,763 | 3,059,043 | ||||||
WiseTech Global, Ltd. |
10,682 | 352,667 | ||||||
Woodside Energy Group, Ltd. |
121,718 | 2,488,947 | ||||||
Woolworths Group, Ltd. |
78,303 | 1,702,966 | ||||||
|
|
|||||||
62,727,600 | ||||||||
|
|
|||||||
Austria0.2% | ||||||||
Erste Group Bank AG |
21,338 | 467,093 | ||||||
OMV AG |
9,828 | 353,586 | ||||||
Verbund AG |
4,951 | 421,709 | ||||||
voestalpine AG |
7,917 | 133,834 | ||||||
|
|
|||||||
1,376,222 | ||||||||
|
|
|||||||
Belgium0.8% | ||||||||
Ageas SA |
9,698 | 351,725 | ||||||
Anheuser-Busch InBev S.A. |
55,167 | 2,494,625 | ||||||
Dieteren Group |
1,652 | 231,715 | ||||||
Elia Group S.A. |
2,407 | 282,780 | ||||||
Groupe Bruxelles Lambert NV |
6,450 | 448,033 | ||||||
KBC Group NV |
17,056 | 799,747 | ||||||
Proximus SADP |
11,920 | 123,458 | ||||||
Sofina S.A. |
1,124 | 190,927 | ||||||
Solvay S.A. |
5,192 | 396,995 | ||||||
UCB S.A. |
8,488 | 586,826 | ||||||
Umicore S.A. |
13,317 | 385,952 | ||||||
Warehouses De Pauw CVA |
9,872 | 239,711 | ||||||
|
|
|||||||
6,532,494 | ||||||||
|
|
|||||||
Chile0.0% | ||||||||
Antofagasta plc |
26,957 | 332,447 | ||||||
|
|
|||||||
China0.6% | ||||||||
BOC Hong Kong Holdings, Ltd. |
230,965 | 763,554 | ||||||
Budweiser Brewing Co. APAC, Ltd. |
120,500 | 314,070 | ||||||
Chow Tai Fook Jewellery Group, Ltd. |
143,000 | 267,720 | ||||||
ESR Group, Ltd. |
122,000 | 307,720 | ||||||
Futu Holdings, Ltd. (ADR) (c) (d) |
3,900 | 145,431 | ||||||
Prosus NV (c) |
53,092 | 2,765,702 | ||||||
SITC International Holdings Co., Ltd. |
93,000 | 170,318 | ||||||
|
|
|||||||
4,734,515 | ||||||||
|
|
|||||||
Denmark2.5% | ||||||||
AP Moller - Maersk A/S - Class A |
174 | 306,499 | ||||||
AP Moller - Maersk A/S - Class B |
351 | 635,531 | ||||||
Carlsberg AS - Class B |
6,663 | 777,087 | ||||||
Chr Hansen Holding A/S |
7,473 | 366,155 | ||||||
Coloplast A/S - Class B |
7,704 | 778,523 | ||||||
Danske Bank A/S |
48,462 | 599,475 | ||||||
Demant A/S (c) |
7,349 | 181,017 | ||||||
DSV A/S |
11,896 | 1,378,202 | ||||||
Genmab A/S (c) |
4,362 | 1,405,413 | ||||||
GN Store Nord AS |
8,231 | 143,315 | ||||||
Novo Nordisk A/S - Class B |
108,271 | 10,786,969 | ||||||
Novozymes A/S - B Shares |
13,878 | 691,880 | ||||||
Orsted A/S |
12,362 | 983,233 | ||||||
Pandora A/S |
5,136 | 239,113 |
BHFTII-178
Table of Contents
Brighthouse Funds Trust II
MetLife MSCI EAFE Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Denmark(Continued) | ||||||||
Tryg A/S |
25,298 | $ | 519,683 | |||||
Vestas Wind Systems A/S |
67,020 | 1,228,190 | ||||||
|
|
|||||||
21,020,285 | ||||||||
|
|
|||||||
Finland1.2% | ||||||||
Elisa Oyj |
8,457 | 383,378 | ||||||
Fortum Oyj |
30,377 | 408,137 | ||||||
Kesko Oyj - B Shares |
19,815 | 368,060 | ||||||
Kone Oyj - Class B |
22,998 | 885,259 | ||||||
Neste Oyj |
26,402 | 1,144,615 | ||||||
Nokia Oyj |
361,104 | 1,541,336 | ||||||
Nordea Bank Abp |
222,923 | 1,907,456 | ||||||
Orion Oyj - Class B |
8,084 | 340,593 | ||||||
Sampo Oyj - A Shares |
30,295 | 1,292,386 | ||||||
Stora Enso Oyj - R Shares |
33,562 | 427,869 | ||||||
UPM-Kymmene Oyj |
35,422 | 1,125,158 | ||||||
Wartsila Oyj Abp (d) |
31,392 | 199,919 | ||||||
|
|
|||||||
10,024,166 | ||||||||
|
|
|||||||
France10.3% | ||||||||
Accor S.A. (c) |
12,886 | 268,933 | ||||||
Adevinta ASA (c) |
19,048 | 111,664 | ||||||
Aeroports de Paris (c) |
2,209 | 254,322 | ||||||
Air Liquide S.A. |
33,726 | 3,838,703 | ||||||
Airbus SE |
38,780 | 3,348,924 | ||||||
Alstom S.A. |
21,565 | 346,628 | ||||||
Amundi S.A. |
4,463 | 184,985 | ||||||
Arkema S.A. |
3,712 | 270,621 | ||||||
AXA S.A. |
122,170 | 2,673,789 | ||||||
BioMerieux |
3,058 | 240,866 | ||||||
BNP Paribas S.A. |
73,625 | 3,106,982 | ||||||
Bollore SE |
61,874 | 282,939 | ||||||
Bouygues S.A. |
15,150 | 394,514 | ||||||
Bureau Veritas S.A. |
19,740 | 440,658 | ||||||
Capgemini SE |
10,869 | 1,736,271 | ||||||
Carrefour S.A. |
35,510 | 491,749 | ||||||
Cie de Saint-Gobain |
33,751 | 1,203,198 | ||||||
Cie Generale des Etablissements Michelin SCA |
46,552 | 1,036,704 | ||||||
Covivio (REIT) |
3,163 | 151,165 | ||||||
Credit Agricole S.A. |
81,913 | 659,270 | ||||||
Danone S.A. |
41,184 | 1,939,669 | ||||||
Dassault Aviation S.A. |
1,830 | 207,755 | ||||||
Dassault Systemes SE |
44,263 | 1,520,861 | ||||||
Edenred |
17,436 | 801,087 | ||||||
Eiffage S.A. |
5,728 | 458,353 | ||||||
Electricite de France S.A. |
37,267 | 433,733 | ||||||
Engie S.A. |
116,940 | 1,341,203 | ||||||
EssilorLuxottica S.A. |
18,351 | 2,485,464 | ||||||
Eurazeo S.E. |
2,867 | 149,637 | ||||||
Gecina S.A. (REIT) |
3,288 | 255,459 | ||||||
Getlink SE |
25,836 | 400,282 | ||||||
Hermes International |
2,091 | 2,456,668 | ||||||
Ipsen S.A. |
2,947 | 272,060 | ||||||
Kering S.A. |
4,795 | 2,119,573 | ||||||
Klepierre S.A. (REIT) |
12,682 | 218,855 | ||||||
LOreal S.A. |
15,630 | 4,974,839 | ||||||
La Francaise des Jeux SAEM |
6,363 | 188,195 | ||||||
Legrand S.A. |
17,126 | 1,106,040 | ||||||
LVMH Moet Hennessy Louis Vuitton SE |
18,149 | 10,664,260 | ||||||
Orange S.A. |
128,034 | 1,157,304 | ||||||
Pernod Ricard S.A. |
13,684 | 2,500,181 | ||||||
Publicis Groupe S.A. |
15,420 | 729,343 | ||||||
Remy Cointreau S.A. |
1,206 | 199,791 | ||||||
Renault S.A. (c) |
14,189 | 380,940 | ||||||
Safran S.A. |
22,701 | 2,063,236 | ||||||
Sanofi |
73,751 | 5,626,398 | ||||||
Sartorius Stedim Biotech |
1,739 | 531,382 | ||||||
Schneider Electric SE |
35,076 | 3,933,601 | ||||||
Societe Generale S.A. |
53,796 | 1,066,943 | ||||||
Sodexo S.A. (d) |
6,495 | 488,285 | ||||||
Teleperformance |
3,877 | 979,094 | ||||||
Thales S.A. |
6,713 | 740,141 | ||||||
TotalEnergies SE (d) |
161,023 | 7,576,243 | ||||||
UBISOFT Entertainment S.A. (c) |
7,194 | 197,429 | ||||||
Unibail-Rodamco-Westfield (c) |
7,986 | 327,682 | ||||||
Valeo |
15,665 | 235,355 | ||||||
Veolia Environnement S.A. |
42,002 | 796,584 | ||||||
Vinci S.A. |
34,497 | 2,769,855 | ||||||
Vivendi SE |
49,997 | 387,360 | ||||||
Wendel S.E. |
1,813 | 129,624 | ||||||
Worldline S.A. (c) |
15,808 | 617,922 | ||||||
|
|
|||||||
86,471,571 | ||||||||
|
|
|||||||
Germany6.7% | ||||||||
Adidas AG |
11,474 | 1,331,021 | ||||||
Allianz SE |
26,818 | 4,242,233 | ||||||
Aroundtown S.A. |
63,611 | 140,301 | ||||||
BASF SE |
60,446 | 2,341,554 | ||||||
Bayer AG |
64,288 | 2,965,546 | ||||||
Bayerische Motoren Werke AG |
21,740 | 1,485,738 | ||||||
Bechtle AG |
5,943 | 216,143 | ||||||
Beiersdorf AG |
5,835 | 577,171 | ||||||
Brenntag SE |
9,778 | 596,414 | ||||||
Carl Zeiss Meditec AG |
2,898 | 305,058 | ||||||
Commerzbank AG (c) |
70,392 | 504,859 | ||||||
Continental AG |
7,262 | 326,138 | ||||||
Covestro AG |
13,256 | 383,099 | ||||||
Daimler Truck Holding AG (c) |
28,970 | 662,734 | ||||||
Delivery Hero SE (c) |
11,033 | 408,414 | ||||||
Deutsche Bank AG |
133,660 | 999,325 | ||||||
Deutsche Boerse AG |
12,471 | 2,052,349 | ||||||
Deutsche Lufthansa AG (c) |
35,564 | 205,064 | ||||||
Deutsche Post AG |
65,921 | 2,005,051 | ||||||
Deutsche Telekom AG |
214,518 | 3,675,782 | ||||||
E.ON SE |
144,559 | 1,118,341 | ||||||
Evonik Industries AG |
12,954 | 218,350 | ||||||
Fresenius Medical Care AG & Co. KGaA |
13,633 | 387,332 | ||||||
Fresenius SE & Co. KGaA |
27,953 | 598,488 | ||||||
GEA Group AG |
8,182 | 267,445 | ||||||
Hannover Rueck SE |
4,237 | 639,636 |
BHFTII-179
Table of Contents
Brighthouse Funds Trust II
MetLife MSCI EAFE Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Germany(Continued) | ||||||||
HeidelbergCement AG |
7,978 | $ | 319,443 | |||||
HelloFresh SE (c) |
10,721 | 226,220 | ||||||
Henkel AG & Co. KGaA |
6,878 | 392,426 | ||||||
Infineon Technologies AG |
86,668 | 1,919,825 | ||||||
KION Group AG |
5,070 | 98,203 | ||||||
Knorr-Bremse AG |
5,273 | 228,523 | ||||||
LEG Immobilien SE |
5,050 | 303,734 | ||||||
Mercedes-Benz Group AG |
53,250 | 2,721,967 | ||||||
Merck KGaA |
8,617 | 1,405,750 | ||||||
MTU Aero Engines AG |
3,546 | 534,885 | ||||||
Muenchener Rueckversicherungs-Gesellschaft AG |
9,297 | 2,247,906 | ||||||
Nemetschek SE |
4,238 | 203,997 | ||||||
Puma SE |
7,160 | 335,081 | ||||||
Rational AG |
371 | 181,130 | ||||||
Rheinmetall AG |
2,891 | 447,611 | ||||||
RWE AG |
41,461 | 1,524,925 | ||||||
SAP SE |
67,636 | 5,573,283 | ||||||
Scout24 SE |
5,930 | 300,371 | ||||||
Siemens AG |
49,548 | 4,901,935 | ||||||
Siemens Energy AG (c)(d) |
28,411 | 316,115 | ||||||
Siemens Healthineers AG |
17,132 | 741,799 | ||||||
Symrise AG |
8,326 | 818,954 | ||||||
Telefonica Deutschland Holding AG |
73,147 | 148,083 | ||||||
United Internet AG |
4,835 | 91,157 | ||||||
Volkswagen AG |
1,994 | 328,517 | ||||||
Vonovia SE |
44,731 | 973,116 | ||||||
Zalando SE (c) |
15,086 | 298,998 | ||||||
|
|
|||||||
56,237,540 | ||||||||
|
|
|||||||
Hong Kong2.5% | ||||||||
AIA Group, Ltd. |
787,200 | 6,535,564 | ||||||
CK Asset Holdings, Ltd. |
126,940 | 761,686 | ||||||
CK Infrastructure Holdings, Ltd. |
49,500 | 252,547 | ||||||
CLP Holdings, Ltd. |
111,377 | 839,268 | ||||||
Galaxy Entertainment Group, Ltd. |
152,000 | 887,474 | ||||||
Hang Lung Properties, Ltd. |
142,000 | 231,794 | ||||||
Hang Seng Bank, Ltd. (d) |
46,300 | 699,631 | ||||||
Henderson Land Development Co., Ltd. |
100,311 | 279,973 | ||||||
HK Electric Investments & HK Electric Investments, Ltd. |
30,500 | 21,377 | ||||||
HKT Trust & HKT, Ltd. |
253,980 | 297,042 | ||||||
Hong Kong & China Gas Co., Ltd. |
634,531 | 557,398 | ||||||
Hong Kong Exchanges & Clearing, Ltd. |
78,700 | 2,672,025 | ||||||
Hongkong Land Holdings, Ltd. |
86,500 | 379,458 | ||||||
Jardine Matheson Holdings, Ltd. |
10,400 | 526,513 | ||||||
Link REIT (REIT) |
133,041 | 928,551 | ||||||
MTR Corp., Ltd. |
110,500 | 505,631 | ||||||
New World Development Co., Ltd. |
115,926 | 327,538 | ||||||
Power Assets Holdings, Ltd. |
93,049 | 465,054 | ||||||
Sino Land Co., Ltd. |
233,600 | 307,406 | ||||||
Sun Hung Kai Properties, Ltd. |
96,250 | 1,058,251 | ||||||
Swire Pacific, Ltd. - Class A |
36,817 | 274,743 | ||||||
Swire Properties, Ltd. |
83,600 | 179,644 | ||||||
Techtronic Industries Co., Ltd. |
84,000 | 793,560 | ||||||
WH Group, Ltd. |
384,000 | 241,546 | ||||||
Wharf Real Estate Investment Co., Ltd. |
117,976 | 532,768 | ||||||
Xinyi Glass Holdings, Ltd. |
128,000 | 185,390 | ||||||
|
|
|||||||
20,741,832 | ||||||||
|
|
|||||||
Ireland0.7% | ||||||||
AerCap Holdings NV (c) |
9,000 | 380,970 | ||||||
CRH plc |
48,737 | 1,559,983 | ||||||
Flutter Entertainment plc (c) |
11,454 | 1,250,775 | ||||||
James Hardie Industries plc |
30,071 | 588,682 | ||||||
Kerry Group plc - Class A |
10,420 | 925,311 | ||||||
Kingspan Group plc |
9,603 | 428,884 | ||||||
Smurfit Kappa Group plc |
16,402 | 463,191 | ||||||
|
|
|||||||
5,597,796 | ||||||||
|
|
|||||||
Israel0.8% | ||||||||
Azrieli Group, Ltd. |
1,604 | 109,550 | ||||||
Bank Hapoalim B.M. |
79,475 | 670,573 | ||||||
Bank Leumi Le-Israel B.M. |
98,212 | 838,432 | ||||||
Bezeq The Israeli Telecommunication Corp., Ltd. |
135,572 | 222,324 | ||||||
Check Point Software Technologies, Ltd. (c) |
6,600 | 739,332 | ||||||
CyberArk Software, Ltd. (c) |
2,700 | 404,838 | ||||||
Elbit Systems, Ltd. |
1,811 | 343,906 | ||||||
ICL Group, Ltd. |
48,759 | 391,783 | ||||||
Israel Discount Bank, Ltd. - Class A |
83,247 | 419,318 | ||||||
Mizrahi Tefahot Bank, Ltd. |
9,874 | 345,923 | ||||||
Nice, Ltd. (c) |
4,264 | 807,944 | ||||||
Teva Pharmaceutical Industries, Ltd. (ADR) (c) |
75,753 | 611,327 | ||||||
Tower Semiconductor, Ltd. (c) |
7,437 | 325,652 | ||||||
Wix.com, Ltd. (c) |
3,600 | 281,628 | ||||||
ZIM Integrated Shipping Services, Ltd. (d) |
5,700 | 133,950 | ||||||
|
|
|||||||
6,646,480 | ||||||||
|
|
|||||||
Italy1.8% | ||||||||
Amplifon S.p.A. |
9,033 | 236,457 | ||||||
Assicurazioni Generali S.p.A. |
74,881 | 1,018,812 | ||||||
Atlantia S.p.A. |
30,358 | 671,752 | ||||||
Davide Campari-Milano NV |
36,167 | 320,680 | ||||||
DiaSorin S.p.A. |
1,857 | 207,420 | ||||||
Enel S.p.A. |
530,048 | 2,171,262 | ||||||
Eni S.p.A. |
165,402 | 1,756,464 | ||||||
Ferrari NV |
8,221 | 1,532,791 | ||||||
FinecoBank Banca Fineco S.p.A. |
42,655 | 524,062 | ||||||
Infrastrutture Wireless Italiane S.p.A. |
24,381 | 213,080 | ||||||
Intesa Sanpaolo S.p.A. |
1,027,895 | 1,691,139 | ||||||
Mediobanca Banca di Credito Finanziario S.p.A. |
44,816 | 350,213 | ||||||
Moncler S.p.A. |
13,551 | 556,173 | ||||||
Nexi S.p.A. (c) |
32,431 | 261,770 | ||||||
Poste Italiane S.p.A. |
29,264 | 220,944 | ||||||
Prysmian S.p.A. |
17,303 | 495,418 | ||||||
Recordati Industria Chimica e Farmaceutica S.p.A. |
5,644 | 207,250 | ||||||
Snam S.p.A. |
137,424 | 554,905 | ||||||
Telecom Italia S.p.A. (c) |
72,496 | 13,451 | ||||||
Terna - Rete Elettrica Nazionale |
98,855 | 601,964 | ||||||
UniCredit S.p.A. |
142,045 | 1,435,793 | ||||||
|
|
|||||||
15,041,800 | ||||||||
|
|
BHFTII-180
Table of Contents
Brighthouse Funds Trust II
MetLife MSCI EAFE Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Japan21.5% | ||||||||
Advantest Corp. (d) |
11,400 | $ | 529,744 | |||||
Aeon Co., Ltd. |
43,500 | 813,628 | ||||||
AGC, Inc. |
12,900 | 400,916 | ||||||
Aisin Corp. |
11,100 | 285,082 | ||||||
Ajinomoto Co., Inc. |
28,400 | 773,649 | ||||||
ANA Holdings, Inc. (c) (d) |
8,400 | 157,982 | ||||||
Asahi Group Holdings, Ltd. |
30,500 | 946,053 | ||||||
Asahi Intecc Co., Ltd. |
14,200 | 224,654 | ||||||
Asahi Kasei Corp. |
85,900 | 568,053 | ||||||
Astellas Pharma, Inc. |
120,300 | 1,590,004 | ||||||
Azbil Corp. |
9,100 | 237,492 | ||||||
Bandai Namco Holdings, Inc. |
13,500 | 881,636 | ||||||
Bridgestone Corp. |
36,400 | 1,176,566 | ||||||
Brother Industries, Ltd. |
16,400 | 282,740 | ||||||
Canon, Inc. |
63,300 | 1,380,405 | ||||||
Capcom Co., Ltd. |
13,000 | 324,995 | ||||||
Central Japan Railway Co. |
9,800 | 1,147,952 | ||||||
Chiba Bank, Ltd. (The) (d) |
39,400 | 212,130 | ||||||
Chubu Electric Power Co., Inc. |
45,700 | 410,865 | ||||||
Chugai Pharmaceutical Co., Ltd. |
42,700 | 1,066,069 | ||||||
Concordia Financial Group, Ltd. (d) |
73,300 | 226,597 | ||||||
CyberAgent, Inc. (d) |
29,600 | 246,519 | ||||||
Dai Nippon Printing Co., Ltd. |
13,000 | 259,386 | ||||||
Dai-ichi Life Holdings, Inc. |
65,300 | 1,037,872 | ||||||
Daifuku Co., Ltd. (d) |
7,400 | 347,689 | ||||||
Daiichi Sankyo Co., Ltd. |
112,200 | 3,120,731 | ||||||
Daikin Industries, Ltd. (d) |
16,000 | 2,472,065 | ||||||
Daito Trust Construction Co., Ltd. |
3,300 | 309,832 | ||||||
Daiwa House Industry Co., Ltd. (d) |
37,400 | 762,100 | ||||||
Daiwa House REIT Investment Corp. (REIT) |
136 | 282,260 | ||||||
Daiwa Securities Group, Inc. (d) |
73,700 | 288,753 | ||||||
Denso Corp. |
27,700 | 1,264,206 | ||||||
Dentsu Group, Inc. |
14,400 | 409,926 | ||||||
Disco Corp. (d) |
1,900 | 413,998 | ||||||
East Japan Railway Co. |
20,100 | 1,031,779 | ||||||
Eisai Co., Ltd. |
16,800 | 901,040 | ||||||
ENEOS Holdings, Inc. (d) |
204,100 | 658,980 | ||||||
FANUC Corp. |
12,700 | 1,756,709 | ||||||
Fast Retailing Co., Ltd. (d) |
3,700 | 1,966,088 | ||||||
Fuji Electric Co., Ltd. |
8,600 | 315,211 | ||||||
FUJIFILM Holdings Corp. |
23,700 | 1,084,417 | ||||||
Fujitsu, Ltd. |
13,100 | 1,412,589 | ||||||
GLP J-REIT |
268 | 295,811 | ||||||
GMO Payment Gateway, Inc. |
3,000 | 202,698 | ||||||
Hakuhodo DY Holdings, Inc. |
17,600 | 124,120 | ||||||
Hamamatsu Photonics KK |
9,600 | 412,140 | ||||||
Hankyu Hanshin Holdings, Inc. |
16,400 | 493,585 | ||||||
Hikari Tsushin, Inc. (d) |
1,500 | 175,508 | ||||||
Hirose Electric Co., Ltd. |
1,515 | 196,882 | ||||||
Hitachi Construction Machinery Co., Ltd. (d) |
8,900 | 165,345 | ||||||
Hitachi Metals, Ltd. (c) |
13,800 | 207,460 | ||||||
Hitachi, Ltd. |
61,900 | 2,620,715 | ||||||
Honda Motor Co., Ltd. |
106,900 | 2,328,477 | ||||||
Hoshizaki Corp. |
8,200 | 226,916 | ||||||
Hoya Corp. |
23,600 | 2,268,784 | ||||||
Hulic Co., Ltd. |
25,800 | 189,817 | ||||||
Ibiden Co., Ltd. |
7,800 | 214,140 | ||||||
Idemitsu Kosan Co., Ltd. (d) |
14,768 | 319,506 | ||||||
Iida Group Holdings Co., Ltd. |
12,700 | 172,519 | ||||||
Inpex Corp. |
71,100 | 666,988 | ||||||
Isuzu Motors, Ltd. |
39,100 | 432,193 | ||||||
Ito En, Ltd. |
4,000 | 160,949 | ||||||
ITOCHU Corp. (d) |
78,000 | 1,890,203 | ||||||
Itochu Techno-Solutions Corp. |
7,100 | 165,582 | ||||||
Japan Airlines Co., Ltd. (c)(d) |
8,400 | 150,096 | ||||||
Japan Exchange Group, Inc. |
31,100 | 420,365 | ||||||
Japan Metropolitan Fund Investment Corp. |
494 | 371,571 | ||||||
Japan Post Bank Co., Ltd. |
30,800 | 214,720 | ||||||
Japan Post Holdings Co., Ltd. |
144,700 | 958,048 | ||||||
Japan Post Insurance Co., Ltd. (d) |
16,000 | 224,129 | ||||||
Japan Real Estate Investment Corp. (REIT) |
85 | 349,983 | ||||||
Japan Tobacco, Inc. |
75,300 | 1,235,822 | ||||||
JFE Holdings, Inc. (d) |
35,100 | 326,672 | ||||||
JSR Corp. |
9,800 | 186,733 | ||||||
Kajima Corp. |
32,000 | 303,940 | ||||||
Kakaku.com, Inc. |
10,700 | 179,889 | ||||||
Kansai Electric Power Co., Inc. (The) (d) |
49,800 | 414,968 | ||||||
Kao Corp. |
31,800 | 1,289,305 | ||||||
KDDI Corp. (d) |
103,000 | 3,020,671 | ||||||
Keio Corp. |
6,700 | 242,328 | ||||||
Keisei Electric Railway Co., Ltd. |
10,000 | 272,658 | ||||||
Keyence Corp. |
12,800 | 4,249,198 | ||||||
Kikkoman Corp. (d) |
10,200 | 573,416 | ||||||
Kintetsu Group Holdings Co., Ltd. |
12,612 | 418,165 | ||||||
Kirin Holdings Co., Ltd. |
51,100 | 786,919 | ||||||
Kobayashi Pharmaceutical Co., Ltd. |
3,600 | 209,861 | ||||||
Kobe Bussan Co., Ltd. |
9,200 | 220,160 | ||||||
Koei Tecmo Holdings Co., Ltd. |
7,800 | 126,857 | ||||||
Koito Manufacturing Co., Ltd. |
15,400 | 211,025 | ||||||
Komatsu, Ltd. |
61,400 | 1,110,237 | ||||||
Konami Group Corp. |
6,200 | 286,611 | ||||||
Kose Corp. |
2,300 | 234,106 | ||||||
Kubota Corp. |
67,200 | 931,777 | ||||||
Kurita Water Industries, Ltd. |
7,100 | 250,372 | ||||||
Kyocera Corp. |
21,800 | 1,101,846 | ||||||
Kyowa Kirin Co., Ltd. |
15,200 | 348,658 | ||||||
Lasertec Corp. |
5,100 | 512,794 | ||||||
Lixil Corp. |
19,000 | 275,288 | ||||||
M3, Inc. |
29,000 | 799,582 | ||||||
Makita Corp. |
15,900 | 308,253 | ||||||
Marubeni Corp. |
105,900 | 929,682 | ||||||
Mazda Motor Corp. |
28,900 | 191,280 | ||||||
McDonalds Holdings Co. Japan, Ltd. |
5,400 | 188,082 | ||||||
MEIJI Holdings Co., Ltd. (d) |
7,300 | 323,786 | ||||||
MINEBEA MITSUMI, Inc. |
26,300 | 390,032 | ||||||
MISUMI Group, Inc. |
19,300 | 410,583 | ||||||
Mitsubishi Chemical Group Corp. |
90,400 | 415,069 | ||||||
Mitsubishi Corp. |
82,700 | 2,271,017 | ||||||
Mitsubishi Electric Corp. |
128,400 | 1,159,781 | ||||||
Mitsubishi Estate Co., Ltd. |
75,800 | 994,463 | ||||||
Mitsubishi HC Capital, Inc. |
36,000 | 154,852 | ||||||
Mitsubishi Heavy Industries, Ltd. |
19,500 | 650,069 |
BHFTII-181
Table of Contents
Brighthouse Funds Trust II
MetLife MSCI EAFE Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Japan(Continued) | ||||||||
Mitsubishi UFJ Financial Group, Inc. |
767,988 | $ | 3,462,826 | |||||
Mitsui & Co., Ltd. |
92,717 | 1,988,941 | ||||||
Mitsui Chemicals, Inc. |
12,700 | 247,960 | ||||||
Mitsui Fudosan Co., Ltd. |
61,200 | 1,166,483 | ||||||
Mitsui OSK Lines, Ltd. (d) |
22,800 | 409,459 | ||||||
Mizuho Financial Group, Inc. (d) |
156,550 | 1,691,184 | ||||||
MonotaRO Co., Ltd. |
18,400 | 278,096 | ||||||
MS&AD Insurance Group Holdings, Inc. (d) |
28,400 | 751,494 | ||||||
Murata Manufacturing Co., Ltd. |
37,700 | 1,731,567 | ||||||
NEC Corp. |
15,600 | 499,293 | ||||||
Nexon Co., Ltd. |
31,800 | 556,076 | ||||||
NGK Insulators, Ltd. |
19,300 | 240,565 | ||||||
Nidec Corp. |
28,100 | 1,582,766 | ||||||
Nihon M&A Center Holdings, Inc. |
22,000 | 248,836 | ||||||
Nintendo Co., Ltd. |
71,000 | 2,874,681 | ||||||
Nippon Building Fund, Inc. |
102 | 448,453 | ||||||
Nippon Express Holdings, Inc. |
5,900 | 298,298 | ||||||
Nippon Paint Holdings Co., Ltd. |
54,000 | 361,633 | ||||||
Nippon Prologis REIT, Inc. |
143 | 311,871 | ||||||
Nippon Sanso Holdings Corp. |
9,600 | 151,612 | ||||||
Nippon Shinyaku Co., Ltd. |
3,200 | 162,320 | ||||||
Nippon Steel Corp. (d) |
48,400 | 673,608 | ||||||
Nippon Telegraph & Telephone Corp. |
79,200 | 2,136,437 | ||||||
Nippon Yusen KK (d) |
33,300 | 568,645 | ||||||
Nissan Chemical Corp. (d) |
8,600 | 384,290 | ||||||
Nissan Motor Co., Ltd. |
154,500 | 493,831 | ||||||
Nisshin Seifun Group, Inc. (d) |
15,700 | 159,377 | ||||||
Nissin Foods Holdings Co., Ltd. |
4,700 | 326,262 | ||||||
Nitori Holdings Co., Ltd. |
4,800 | 401,627 | ||||||
Nitto Denko Corp. |
9,300 | 504,205 | ||||||
Nomura Holdings, Inc. (d) |
184,800 | 610,011 | ||||||
Nomura Real Estate Holdings, Inc. |
9,500 | 215,341 | ||||||
Nomura Real Estate Master Fund, Inc. (REIT) |
296 | 327,326 | ||||||
Nomura Research Institute, Ltd. |
20,800 | 511,161 | ||||||
NTT Data Corp. |
43,680 | 564,451 | ||||||
Obayashi Corp. |
45,500 | 292,130 | ||||||
Obic Co., Ltd. |
4,200 | 556,806 | ||||||
Odakyu Electric Railway Co., Ltd. |
20,800 | 266,040 | ||||||
Oji Holdings Corp. |
30,800 | 114,636 | ||||||
Olympus Corp. |
82,000 | 1,577,995 | ||||||
Omron Corp. |
12,600 | 574,219 | ||||||
Ono Pharmaceutical Co., Ltd. |
20,800 | 483,799 | ||||||
Open House Group Co., Ltd. (d) |
5,600 | 189,771 | ||||||
Oracle Corp. Japan |
3,000 | 158,356 | ||||||
Oriental Land Co., Ltd. |
13,000 | 1,771,382 | ||||||
ORIX Corp. |
74,100 | 1,042,033 | ||||||
Osaka Gas Co., Ltd. |
25,000 | 376,378 | ||||||
Otsuka Corp. |
7,400 | 229,313 | ||||||
Otsuka Holdings Co., Ltd. |
26,000 | 824,587 | ||||||
Pan Pacific International Holdings Corp. |
26,000 | 456,824 | ||||||
Panasonic Holdings Corp. |
140,000 | 983,050 | ||||||
Persol Holdings Co., Ltd. |
13,400 | 244,189 | ||||||
Rakuten Group, Inc. |
61,500 | 263,809 | ||||||
Recruit Holdings Co., Ltd. |
95,700 | 2,761,924 | ||||||
Renesas Electronics Corp. (c) |
68,700 | 572,495 | ||||||
Resona Holdings, Inc. |
143,200 | 522,810 | ||||||
Ricoh Co., Ltd. |
31,500 | 229,846 | ||||||
Rohm Co., Ltd. |
5,000 | 327,889 | ||||||
SBI Holdings, Inc. (d) |
16,511 | 296,678 | ||||||
SCSK Corp. |
11,700 | 175,532 | ||||||
Secom Co., Ltd. |
14,200 | 806,728 | ||||||
Seiko Epson Corp. |
20,000 | 272,752 | ||||||
Sekisui Chemical Co., Ltd. (d) |
25,900 | 316,981 | ||||||
Sekisui House, Ltd. |
37,700 | 626,066 | ||||||
Seven & i Holdings Co., Ltd. |
49,000 | 1,968,075 | ||||||
SG Holdings Co., Ltd. |
15,100 | 205,189 | ||||||
Shimadzu Corp. |
15,600 | 406,024 | ||||||
Shimano, Inc. |
4,400 | 693,376 | ||||||
Shimizu Corp. (d) |
39,000 | 191,355 | ||||||
Shin-Etsu Chemical Co., Ltd. |
24,900 | 2,472,404 | ||||||
Shionogi & Co., Ltd. |
18,100 | 875,534 | ||||||
Shiseido Co., Ltd. |
25,500 | 892,480 | ||||||
Shizuoka Bank, Ltd. (The) (a) (b) (c) (d) |
25,000 | 151,214 | ||||||
SMC Corp. |
3,800 | 1,532,848 | ||||||
SoftBank Corp. (d) |
188,100 | 1,880,937 | ||||||
SoftBank Group Corp. |
78,900 | 2,679,966 | ||||||
Sompo Holdings, Inc. |
18,799 | 749,160 | ||||||
Sony Group Corp. |
82,000 | 5,277,163 | ||||||
Square Enix Holdings Co., Ltd. |
6,500 | 278,725 | ||||||
Subaru Corp. |
37,600 | 563,911 | ||||||
SUMCO Corp. |
22,600 | 262,572 | ||||||
Sumitomo Chemical Co., Ltd. (d) |
105,400 | 363,874 | ||||||
Sumitomo Corp. |
70,200 | 875,931 | ||||||
Sumitomo Electric Industries, Ltd. |
45,834 | 465,203 | ||||||
Sumitomo Metal Mining Co., Ltd. |
16,600 | 478,289 | ||||||
Sumitomo Mitsui Financial Group, Inc. |
82,900 | 2,306,671 | ||||||
Sumitomo Mitsui Trust Holdings, Inc. |
23,126 | 653,631 | ||||||
Sumitomo Realty & Development Co., Ltd. |
17,500 | 398,453 | ||||||
Suntory Beverage & Food, Ltd. |
10,400 | 369,004 | ||||||
Suzuki Motor Corp. |
23,000 | 713,391 | ||||||
Sysmex Corp. |
10,800 | 581,196 | ||||||
T&D Holdings, Inc. (d) |
39,400 | 372,549 | ||||||
Taisei Corp. |
10,300 | 286,466 | ||||||
Takeda Pharmaceutical Co., Ltd. (d) |
99,348 | 2,580,014 | ||||||
TDK Corp. |
26,300 | 798,020 | ||||||
Terumo Corp. (d) |
41,500 | 1,170,950 | ||||||
TIS, Inc. |
16,500 | 438,071 | ||||||
Tobu Railway Co., Ltd. |
9,200 | 217,032 | ||||||
Toho Co., Ltd. |
8,500 | 306,279 | ||||||
Tokio Marine Holdings, Inc. |
115,800 | 2,057,971 | ||||||
Tokyo Electric Power Co. Holdings, Inc. (c) |
75,700 | 240,554 | ||||||
Tokyo Electron, Ltd. |
9,600 | 2,376,627 | ||||||
Tokyo Gas Co., Ltd. |
26,000 | 439,066 | ||||||
Tokyu Corp. (d) |
37,500 | 427,278 | ||||||
TOPPAN, Inc. |
17,200 | 256,638 | ||||||
Toray Industries, Inc. |
92,400 | 453,460 | ||||||
Toshiba Corp. (d) |
25,100 | 893,900 | ||||||
Tosoh Corp. (d) |
18,900 | 211,024 | ||||||
TOTO, Ltd. |
10,400 | 347,232 | ||||||
Toyota Industries Corp. |
10,200 | 485,940 | ||||||
Toyota Motor Corp. |
693,200 | 9,022,333 | ||||||
Toyota Tsusho Corp. |
12,000 | 372,456 |
BHFTII-182
Table of Contents
Brighthouse Funds Trust II
MetLife MSCI EAFE Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Japan(Continued) | ||||||||
Trend Micro, Inc. |
8,900 | $ | 481,959 | |||||
Unicharm Corp. |
25,800 | 843,234 | ||||||
USS Co., Ltd. |
16,600 | 255,464 | ||||||
Welcia Holdings Co., Ltd. |
6,200 | 130,257 | ||||||
West Japan Railway Co. |
14,600 | 559,487 | ||||||
Yakult Honsha Co., Ltd. |
9,100 | 529,107 | ||||||
Yamaha Corp. (d) |
9,100 | 324,049 | ||||||
Yamaha Motor Co., Ltd. |
18,700 | 350,382 | ||||||
Yamato Holdings Co., Ltd. |
21,800 | 326,309 | ||||||
Yaskawa Electric Corp. |
14,600 | 421,402 | ||||||
Yokogawa Electric Corp. |
16,300 | 256,839 | ||||||
Z Holdings Corp. |
177,000 | 459,884 | ||||||
ZOZO, Inc. |
8,400 | 167,503 | ||||||
|
|
|||||||
180,907,735 | ||||||||
|
|
|||||||
Jordan0.0% | ||||||||
Hikma Pharmaceuticals plc |
11,270 | 170,595 | ||||||
|
|
|||||||
Luxembourg0.2% | ||||||||
ArcelorMittal S.A. |
32,844 | 656,551 | ||||||
Eurofins Scientific SE |
8,661 | 513,376 | ||||||
Tenaris S.A. |
27,400 | 355,091 | ||||||
|
|
|||||||
1,525,018 | ||||||||
|
|
|||||||
Macau0.1% | ||||||||
Sands China, Ltd. (c) |
176,400 | 436,731 | ||||||
|
|
|||||||
Netherlands5.2% | ||||||||
ABN AMRO Bank NV |
29,995 | 268,746 | ||||||
Adyen NV (c) |
1,438 | 1,788,211 | ||||||
Aegon NV |
119,047 | 472,912 | ||||||
Akzo Nobel NV |
12,124 | 683,467 | ||||||
Argenx SE (c) |
3,599 | 1,285,613 | ||||||
ASM International NV |
2,848 | 636,951 | ||||||
ASML Holding NV |
26,568 | 11,015,673 | ||||||
Euronext NV (144A) |
5,789 | 366,168 | ||||||
EXOR NV (c) |
7,620 | 488,804 | ||||||
Heineken Holding NV |
7,046 | 480,873 | ||||||
Heineken NV |
16,675 | 1,461,242 | ||||||
IMCD NV |
3,850 | 456,727 | ||||||
ING Groep NV |
261,518 | 2,241,421 | ||||||
JDE Peets NV |
5,438 | 158,548 | ||||||
Just Eat Takeaway.com NV (c) |
13,092 | 199,521 | ||||||
Koninklijke Ahold Delhaize NV |
69,743 | 1,775,207 | ||||||
Koninklijke DSM NV |
11,244 | 1,274,772 | ||||||
Koninklijke KPN NV |
190,814 | 516,842 | ||||||
Koninklijke Philips NV |
60,898 | 940,279 | ||||||
NN Group NV |
17,632 | 685,973 | ||||||
OCI NV |
6,992 | 256,997 | ||||||
Randstad NV |
8,273 | 357,603 | ||||||
Shell plc |
486,193 | 12,093,911 | ||||||
Stellantis NV (Milan-Traded Shares) |
145,530 | 1,717,823 | ||||||
Universal Music Group NV |
43,822 | 825,711 | ||||||
Wolters Kluwer NV |
17,273 | 1,681,031 | ||||||
|
|
|||||||
44,131,026 | ||||||||
|
|
|||||||
New Zealand0.2% | ||||||||
Auckland International Airport, Ltd. (c) |
62,448 | 253,696 | ||||||
Fisher & Paykel Healthcare Corp., Ltd. |
38,953 | 405,957 | ||||||
Mercury NZ, Ltd. |
47,715 | 153,634 | ||||||
Meridian Energy, Ltd. |
89,813 | 244,077 | ||||||
Spark New Zealand, Ltd. |
124,065 | 351,273 | ||||||
Xero, Ltd. (c) |
8,809 | 406,926 | ||||||
|
|
|||||||
1,815,563 | ||||||||
|
|
|||||||
Norway0.7% | ||||||||
Aker BP ASA |
20,886 | 598,401 | ||||||
DNB Bank ASA |
60,120 | 951,053 | ||||||
Equinor ASA |
64,937 | 2,140,135 | ||||||
Gjensidige Forsikring ASA |
14,357 | 245,473 | ||||||
Kongsberg Gruppen ASA |
6,272 | 190,101 | ||||||
Mowi ASA |
23,708 | 300,168 | ||||||
Norsk Hydro ASA |
91,188 | 490,150 | ||||||
Orkla ASA |
39,744 | 288,346 | ||||||
Salmar ASA |
4,072 | 137,025 | ||||||
Telenor ASA |
48,193 | 439,485 | ||||||
Yara International ASA |
10,920 | 381,384 | ||||||
|
|
|||||||
6,161,721 | ||||||||
|
|
|||||||
Portugal0.2% | ||||||||
EDPEnergias de Portugal S.A. |
189,377 | 819,503 | ||||||
Galp Energia SGPS S.A. |
33,266 | 318,690 | ||||||
Jeronimo Martins SGPS S.A. |
18,255 | 339,974 | ||||||
|
|
|||||||
1,478,167 | ||||||||
|
|
|||||||
Singapore1.3% | ||||||||
Ascendas Real Estate Investment Trust (REIT) |
228,844 | 426,928 | ||||||
CapitaLand Integrated Commercial Trust (REIT) |
348,942 | 464,357 | ||||||
Capitaland Investment, Ltd. |
170,600 | 411,317 | ||||||
City Developments, Ltd. |
27,200 | 143,532 | ||||||
DBS Group Holdings, Ltd. |
120,967 | 2,799,385 | ||||||
Genting Singapore, Ltd. |
179,600 | 97,786 | ||||||
Grab Holdings, Ltd. - Class A (c) (d) |
73,200 | 192,516 | ||||||
Keppel Corp., Ltd. |
86,000 | 413,313 | ||||||
Mapletree Logistics Trust |
217,249 | 234,797 | ||||||
Mapletree Pan Asia Commercial Trust |
147,200 | 175,984 | ||||||
Oversea-Chinese Banking Corp., Ltd. |
227,364 | 1,864,193 | ||||||
Singapore Airlines, Ltd. (c) |
87,540 | 309,207 | ||||||
Singapore Exchange, Ltd. |
54,400 | 356,990 | ||||||
Singapore Technologies Engineering, Ltd. |
106,000 | 263,008 | ||||||
Singapore Telecommunications, Ltd. |
507,020 | 934,101 | ||||||
United Overseas Bank, Ltd. |
80,792 | 1,468,279 | ||||||
UOL Group, Ltd. |
32,900 | 151,829 | ||||||
Venture Corp., Ltd. |
20,500 | 233,706 | ||||||
Wilmar International, Ltd. |
144,000 | 383,734 | ||||||
|
|
|||||||
11,324,962 | ||||||||
|
|
|||||||
South Africa0.3% | ||||||||
Anglo American plc |
84,044 | 2,538,263 | ||||||
|
|
BHFTII-183
Table of Contents
Brighthouse Funds Trust II
MetLife MSCI EAFE Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Spain2.2% | ||||||||
Acciona S.A. |
1,638 | $ | 288,996 | |||||
ACS Actividades de Construccion y Servicios S.A. |
12,014 | 268,752 | ||||||
Aena SME S.A. (c) |
5,006 | 517,773 | ||||||
Amadeus IT Group S.A. (c) |
29,027 | 1,343,081 | ||||||
Banco Bilbao Vizcaya Argentaria S.A. |
446,318 | 2,003,845 | ||||||
Banco Santander S.A. |
1,078,214 | 2,505,014 | ||||||
CaixaBank S.A. |
294,221 | 947,709 | ||||||
Cellnex Telecom S.A. |
35,254 | 1,086,485 | ||||||
EDP Renovaveis S.A. |
15,216 | 312,600 | ||||||
Enagas S.A. |
15,136 | 233,513 | ||||||
Endesa S.A. |
23,384 | 350,388 | ||||||
Ferrovial S.A. |
31,401 | 712,339 | ||||||
Grifols S.A. (c) |
21,632 | 185,119 | ||||||
Iberdrola S.A. |
389,217 | 3,616,830 | ||||||
Industria de Diseno Textil S.A. |
69,851 | 1,442,211 | ||||||
Naturgy Energy Group S.A. |
9,652 | 222,408 | ||||||
Red Electrica Corp. S.A. |
29,209 | 447,184 | ||||||
Repsol S.A. |
95,651 | 1,100,266 | ||||||
Siemens Gamesa Renewable Energy S.A. (c) |
12,710 | 223,135 | ||||||
Telefonica S.A. |
358,981 | 1,182,983 | ||||||
|
|
|||||||
18,990,631 | ||||||||
|
|
|||||||
Sweden3.0% | ||||||||
Alfa Laval AB |
16,499 | 407,617 | ||||||
Alleima AB (c) |
14,549 | 45,623 | ||||||
Assa Abloy AB - Class B |
63,945 | 1,194,982 | ||||||
Atlas Copco AB - A Shares |
177,060 | 1,639,632 | ||||||
Atlas Copco AB - B Shares |
102,140 | 845,115 | ||||||
Boliden AB |
16,516 | 510,797 | ||||||
Electrolux AB - Series B (d) |
17,118 | 177,297 | ||||||
Embracer Group AB (c) (d) |
36,038 | 213,622 | ||||||
Epiroc AB - A Shares |
42,693 | 610,676 | ||||||
Epiroc AB - B Shares |
28,433 | 357,622 | ||||||
EQT AB |
18,476 | 355,446 | ||||||
Essity AB - Class B |
38,912 | 768,102 | ||||||
Evolution AB |
11,608 | 914,171 | ||||||
Fastighets AB Balder - B Shares (c) |
44,076 | 174,205 | ||||||
Getinge AB - B Shares |
15,453 | 265,242 | ||||||
H & M Hennes & Mauritz AB - B Shares |
51,313 | 474,242 | ||||||
Hexagon AB - B Shares |
121,665 | 1,128,004 | ||||||
Holmen AB - B Shares |
6,226 | 236,915 | ||||||
Husqvarna AB - B Shares |
25,677 | 141,517 | ||||||
Industrivarden AB - A Shares |
9,265 | 186,500 | ||||||
Industrivarden AB - C Shares |
10,214 | 203,428 | ||||||
Indutrade AB |
18,127 | 292,337 | ||||||
Investment AB Latour - B Shares |
10,798 | 177,200 | ||||||
Investor AB - A Shares |
33,691 | 515,563 | ||||||
Investor AB - B Shares |
119,478 | 1,741,625 | ||||||
Kinnevik AB - B Shares (c) |
17,515 | 228,866 | ||||||
L E Lundbergforetagen AB - B Shares |
6,090 | 218,953 | ||||||
Lifco AB - B Shares |
15,748 | 217,398 | ||||||
Nibe Industrier AB - B Shares |
100,180 | 889,501 | ||||||
Orron Energy AB |
13,010 | 23,178 | ||||||
Sagax AB - Class B |
10,880 | 179,099 | ||||||
Sandvik AB |
72,746 | 990,631 | ||||||
Securitas AB - B Shares |
21,462 | 149,424 | ||||||
Skandinaviska Enskilda Banken AB - Class A |
108,010 | 1,025,272 | ||||||
Skanska AB - B Shares |
24,008 | 298,404 | ||||||
SKF AB - B Shares |
25,976 | 347,355 | ||||||
Svenska Cellulosa AB SCA - Class B |
40,209 | 509,922 | ||||||
Svenska Handelsbanken AB - A Shares |
98,487 | 804,802 | ||||||
Swedbank AB - A Shares |
57,325 | 749,518 | ||||||
Swedish Match AB |
96,733 | 957,700 | ||||||
Swedish Orphan Biovitrum AB (c) |
11,210 | 217,006 | ||||||
Tele2 AB - B Shares |
34,110 | 294,210 | ||||||
Telefonaktiebolaget LM Ericsson - B Shares (d) |
194,193 | 1,130,943 | ||||||
Telia Co. AB |
176,416 | 507,778 | ||||||
Volvo AB - A Shares |
14,069 | 208,369 | ||||||
Volvo AB - B Shares |
97,294 | 1,372,861 | ||||||
Volvo Car AB - Class B (c) |
39,547 | 170,555 | ||||||
|
|
|||||||
25,069,225 | ||||||||
|
|
|||||||
Switzerland10.9% | ||||||||
ABB, Ltd. |
109,006 | 2,813,998 | ||||||
Adecco Group AG |
10,992 | 302,594 | ||||||
Alcon, Inc. |
32,764 | 1,902,087 | ||||||
Bachem Holding AG - Class B |
2,095 | 130,649 | ||||||
Baloise Holding AG |
2,719 | 347,489 | ||||||
Barry Callebaut AG |
251 | 473,124 | ||||||
Chocoladefabriken Lindt & Spruengli AG |
7 | 695,784 | ||||||
Chocoladefabriken Lindt & Spruengli AG (Participation Certificate) |
72 | 697,432 | ||||||
Cie Financiere Richemont S.A. - Class A |
33,836 | 3,182,847 | ||||||
Clariant AG (c) |
13,958 | 222,694 | ||||||
Coca-Cola HBC AG (c) |
13,800 | 290,351 | ||||||
Credit Suisse Group AG |
171,578 | 677,891 | ||||||
EMS-Chemie Holding AG |
423 | 266,895 | ||||||
Ferguson plc |
13,543 | 1,409,885 | ||||||
Geberit AG |
2,335 | 1,001,530 | ||||||
Givaudan S.A. |
587 | 1,774,160 | ||||||
Glencore plc |
644,427 | 3,402,157 | ||||||
Holcim, AG (c) |
35,449 | 1,449,840 | ||||||
Julius Baer Group, Ltd. |
13,191 | 575,413 | ||||||
Kuehne & Nagel International AG |
3,794 | 770,671 | ||||||
Logitech International S.A. (d) |
11,995 | 549,095 | ||||||
Lonza Group AG |
4,907 | 2,392,258 | ||||||
Nestle S.A. |
183,995 | 19,972,500 | ||||||
Novartis AG |
141,402 | 10,806,366 | ||||||
Partners Group Holding AG |
1,502 | 1,209,662 | ||||||
Roche Holding AG |
1,770 | 691,388 | ||||||
Roche Holding AG |
45,921 | 15,010,228 | ||||||
Schindler Holding AG |
1,428 | 215,196 | ||||||
Schindler Holding AG (Participation Certificate) |
2,909 | 452,363 | ||||||
SGS S.A. |
404 | 865,107 | ||||||
SIG Group AG (c) |
19,990 | 407,150 | ||||||
Sika AG |
9,430 | 1,893,041 | ||||||
Sonova Holding AG |
3,655 | 805,771 | ||||||
STMicroelectronics NV |
44,652 | 1,377,155 | ||||||
Straumann Holding AG |
7,396 | 674,779 | ||||||
Swatch Group AG (The) |
4,374 | 183,499 | ||||||
Swatch Group AG (The) - Bearer Shares |
1,701 | 382,961 |
BHFTII-184
Table of Contents
Brighthouse Funds Trust II
MetLife MSCI EAFE Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Switzerland(Continued) | ||||||||
Swiss Life Holding AG |
2,117 | $ | 935,056 | |||||
Swiss Prime Site AG |
4,615 | 368,034 | ||||||
Swiss Re AG |
20,017 | 1,474,014 | ||||||
Swisscom AG |
1,719 | 804,889 | ||||||
Temenos AG |
4,465 | 301,399 | ||||||
UBS Group AG |
227,664 | 3,297,013 | ||||||
VAT Group AG (144A) |
1,824 | 369,158 | ||||||
Zurich Insurance Group AG |
9,705 | 3,867,578 | ||||||
|
|
|||||||
91,693,151 | ||||||||
|
|
|||||||
Taiwan0.1% | ||||||||
Sea, Ltd. (ADR) (c) |
23,800 | 1,333,990 | ||||||
|
|
|||||||
United Arab Emirates0.0% | ||||||||
NMC Health plc (a) (b) (c) |
7,569 | 0 | ||||||
|
|
|||||||
United Kingdom12.0% | ||||||||
3i Group plc |
62,170 | 746,318 | ||||||
abrdn plc |
153,329 | 232,945 | ||||||
Admiral Group plc |
11,968 | 253,935 | ||||||
Ashtead Group plc |
28,006 | 1,250,072 | ||||||
Associated British Foods plc |
23,588 | 328,781 | ||||||
AstraZeneca plc |
101,277 | 11,134,939 | ||||||
Auto Trader Group plc |
59,168 | 335,393 | ||||||
AVEVA Group plc |
8,176 | 284,761 | ||||||
Aviva plc |
188,703 | 810,335 | ||||||
BAE Systems plc |
204,680 | 1,797,880 | ||||||
Barclays plc |
1,089,369 | 1,736,408 | ||||||
Barratt Developments plc |
69,622 | 263,668 | ||||||
Berkeley Group Holdings plc |
7,129 | 261,259 | ||||||
BP plc |
1,258,400 | 5,982,795 | ||||||
British American Tobacco plc |
140,787 | 5,033,329 | ||||||
British Land Co. plc (The) (REIT) |
61,629 | 237,763 | ||||||
BT Group plc |
461,139 | 623,350 | ||||||
Bunzl plc |
23,720 | 721,688 | ||||||
Burberry Group plc |
23,361 | 465,740 | ||||||
CK Hutchison Holdings, Ltd. |
176,440 | 968,897 | ||||||
CNH Industrial NV |
67,912 | 757,866 | ||||||
Coca-Cola Europacific Partners plc |
13,100 | 558,322 | ||||||
Compass Group plc |
116,912 | 2,336,454 | ||||||
Croda International plc |
8,925 | 637,407 | ||||||
DCC plc |
7,008 | 364,506 | ||||||
Diageo plc |
149,494 | 6,264,747 | ||||||
Entain plc |
39,400 | 473,037 | ||||||
Experian plc |
60,725 | 1,779,888 | ||||||
Haleon plc (c) |
337,374 | 1,043,631 | ||||||
Halma plc |
27,211 | 612,571 | ||||||
Hargreaves Lansdown plc |
27,409 | 263,022 | ||||||
HSBC Holdings plc (Hong Kong-Traded Shares) |
1,313,757 | 6,806,239 | ||||||
Imperial Brands plc |
58,302 | 1,202,837 | ||||||
Informa plc |
90,924 | 523,703 | ||||||
InterContinental Hotels Group plc |
11,718 | 562,052 | ||||||
Intertek Group plc |
11,659 | 479,550 | ||||||
J Sainsbury plc |
120,106 | 231,924 | ||||||
JD Sports Fashion plc |
153,395 | 167,502 | ||||||
Johnson Matthey plc |
11,701 | 237,855 | ||||||
Kingfisher plc |
148,300 | 360,169 | ||||||
Land Securities Group plc (REIT) |
46,621 | 268,081 | ||||||
Legal & General Group plc |
407,374 | 974,631 | ||||||
Lloyds Banking Group plc |
4,467,366 | 2,040,522 | ||||||
London Stock Exchange Group plc |
21,031 | 1,773,009 | ||||||
M&G plc |
182,005 | 334,998 | ||||||
Melrose Industries plc |
290,178 | 323,919 | ||||||
Mondi plc |
29,085 | 449,164 | ||||||
National Grid plc |
234,975 | 2,424,360 | ||||||
NatWest Group plc |
346,289 | 864,019 | ||||||
Next plc |
8,268 | 439,186 | ||||||
Ocado Group plc (c) |
33,748 | 175,203 | ||||||
Pearson plc |
43,799 | 419,665 | ||||||
Persimmon plc |
22,805 | 313,885 | ||||||
Phoenix Group Holdings plc |
49,751 | 289,592 | ||||||
Prudential plc |
178,490 | 1,753,284 | ||||||
Reckitt Benckiser Group plc |
46,647 | 3,082,274 | ||||||
RELX plc |
128,122 | 3,127,093 | ||||||
Rentokil Initial plc |
132,544 | 699,728 | ||||||
Rio Tinto plc |
73,860 | 3,999,620 | ||||||
Rolls-Royce Holdings plc (c) |
419,517 | 322,325 | ||||||
Sage Group plc (The) |
62,616 | 481,643 | ||||||
Schroders plc |
46,288 | 200,358 | ||||||
Segro plc (REIT) |
79,379 | 664,987 | ||||||
Severn Trent plc |
17,094 | 446,760 | ||||||
Smith & Nephew plc |
58,520 | 674,985 | ||||||
Smiths Group plc |
25,708 | 430,757 | ||||||
Spirax-Sarco Engineering plc |
5,277 | 606,035 | ||||||
SSE plc |
70,245 | 1,190,740 | ||||||
St. Jamess Place plc |
38,927 | 443,943 | ||||||
Standard Chartered plc |
165,924 | 1,043,400 | ||||||
Taylor Wimpey plc |
157,795 | 153,841 | ||||||
Tesco plc |
480,150 | 1,099,162 | ||||||
Unilever plc |
166,797 | 7,337,396 | ||||||
United Utilities Group plc |
48,927 | 484,395 | ||||||
Vodafone Group plc |
1,713,355 | 1,929,280 | ||||||
Whitbread plc |
13,755 | 351,162 | ||||||
WPP plc |
66,140 | 547,216 | ||||||
|
|
|||||||
101,294,156 | ||||||||
|
|
|||||||
United States0.5% | ||||||||
GSK plc |
262,258 | 3,824,434 | ||||||
QIAGEN NV (c) |
15,184 | 638,708 | ||||||
|
|
|||||||
4,463,142 | ||||||||
|
|
|||||||
Total Common Stocks |
790,818,824 | |||||||
|
|
BHFTII-185
Table of Contents
Brighthouse Funds Trust II
MetLife MSCI EAFE Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Mutual Funds3.9%
Security Description | Shares/ Principal |
Value | ||||||
United States3.9% | ||||||||
iShares MSCI EAFE ETF (d) (e) |
581,000 | $ | 32,541,810 | |||||
|
|
|||||||
Preferred Stocks0.4% |
| |||||||
Germany0.4% | ||||||||
Bayerische Motoren Werke (BMW) AG |
3,581 | 234,058 | ||||||
Henkel AG & Co. KGaA |
11,026 | 658,780 | ||||||
Porsche Automobil Holding SE |
9,628 | 548,226 | ||||||
Sartorius AG |
1,542 | 538,352 | ||||||
Volkswagen AG |
12,059 | 1,488,905 | ||||||
|
|
|||||||
Total Preferred Stocks |
3,468,321 | |||||||
|
|
|||||||
Rights0.0% |
| |||||||
Sweden0.0% | ||||||||
Securitas AB Expires 10/11/22 (c) |
85,848 | 35,817 | ||||||
|
|
|||||||
Warrants0.0% |
| |||||||
Switzerland0.0% | ||||||||
Cie Financiere Richemont S.A. Expires 11/22/23 (c) |
78,908 | 35,275 | ||||||
|
|
|||||||
Short-Term Investment1.3% |
| |||||||
U.S. Treasury1.3% | ||||||||
U.S. Treasury Bill |
11,100,000 | 11,093,957 | ||||||
|
|
|||||||
Total Short-Term Investments |
11,093,957 | |||||||
|
|
|||||||
Securities Lending Reinvestments (g)4.7% |
| |||||||
Repurchase Agreements2.4% | ||||||||
Cantor Fitzgerald & Co. |
1,000,000 | 1,000,000 | ||||||
National Bank Financial, Inc. |
3,000,000 | 3,000,000 | ||||||
National Bank of Canada |
250,000 | 250,000 | ||||||
Natixis S.A. (New York) |
7,217,362 | 7,217,362 | ||||||
Natwest Markets Securities, Inc. |
6,000,000 | 6,000,000 | ||||||
NBC Global Finance, Ltd. |
20,000 | 20,000 | ||||||
Societe Generale |
500,000 | 500,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.070%, due on 10/03/22 with a maturity value of $400,102; collateralized by U.S. Treasury Obligations with rates ranging from 0.000%1.125%, maturity dates ranging from 03/09/2305/15/40, and various Common Stock with an aggregate market value of $444,426. |
400,000 | 400,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.170%, due on 10/07/22 with a maturity value of $300,185; collateralized by various Common Stock with an aggregate market value of $333,735. |
300,000 | 300,000 | ||||||
TD Prime Services LLC |
1,000,000 | 1,000,000 | ||||||
|
|
|||||||
19,687,362 | ||||||||
|
|
|||||||
Mutual Funds2.3% | ||||||||
BlackRock Liquidity Funds FedFund, Institutional Shares |
4,000,000 | 4,000,000 | ||||||
Dreyfus Treasury Obligations Cash Management Fund, Institutional Class |
2,000,000 | 2,000,000 |
BHFTII-186
Table of Contents
Brighthouse Funds Trust II
MetLife MSCI EAFE Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Securities Lending Reinvestments (g)(Continued)
Security Description | Shares | Value | ||||||
Mutual Funds(Continued) | ||||||||
Goldman Sachs Financial Square Government Fund, Institutional Shares |
5,000,000 | $ | 5,000,000 | |||||
Morgan Stanley Liquidity Funds Government Portfolio, Institutional Shares |
3,000,000 | 3,000,000 | ||||||
STIT-Government & Agency Portfolio, Institutional Class |
5,000,000 | 5,000,000 | ||||||
|
|
|||||||
19,000,000 | ||||||||
|
|
|||||||
Total Securities Lending Reinvestments |
38,687,362 | |||||||
|
|
|||||||
Total Investments 104.3% |
876,681,366 | |||||||
Other assets and liabilities (net) (4.3)% |
(35,746,158 | ) | ||||||
|
|
|||||||
Net Assets 100.0% | $ | 840,935,208 | ||||||
|
|
* | Principal amount stated in U.S. dollars unless otherwise noted. | |
(a) | Security was valued in good faith under procedures approved by the Board of Trustees. As of September 30, 2022, these securities represent less than 0.05% of net assets. | |
(b) | Significant unobservable inputs were used in the valuation of this portfolio security; i.e. Level 3. | |
(c) | Non-income producing security. | |
(d) | All or a portion of the security was held on loan. As of September 30, 2022, the market value of securities loaned was $44,673,103 and the collateral received consisted of cash in the amount of $38,687,362 and non-cash collateral with a value of $8,334,725. The cash collateral investments are disclosed in the Schedule of Investments and categorized as Securities Lending Reinvestments. The non-cash collateral received consists of U.S. government securities that are held in safe-keeping by the lending agent, or a third-party custodian, and cannot be sold or repledged by the Portfolio. | |
(e) | All or a portion of the security was pledged as collateral against open futures contracts. As of September 30, 2022, the market value of securities pledged was $44,80,800 | |
(f) | The rate shown represents current yield to maturity. | |
(g) | Represents investment of cash collateral received from securities on loan as of September 30, 2022. | |
(h) | The rate shown represents the annualized seven-day yield as of September 30, 2022. | |
(144A) | Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of September 30, 2022, the market value of 144A securities was $735,326, which is 0.1% of net assets. |
Ten Largest Industries as of |
% of |
|||
Pharmaceuticals |
9.1 | |||
Banks |
8.6 | |||
Insurance |
4.8 | |||
Oil, Gas & Consumable Fuels |
4.6 | |||
Food Products |
3.5 | |||
Metals & Mining |
3.2 | |||
Automobiles |
2.9 | |||
Chemicals |
2.9 | |||
Machinery |
2.7 | |||
Textiles, Apparel & Luxury Goods |
2.6 |
Futures Contracts
Futures ContractsLong |
Expiration Date |
Number of Contracts |
Notional Amount |
Value/ Unrealized Appreciation/ (Depreciation) |
||||||||||||||||
MSCI EAFE Index Mini Futures |
12/16/22 | 115 | USD | 9,548,450 | $ | (844,663 | ) |
Glossary of Abbreviations
Currencies
(USD) | United States Dollar |
Other Abbreviations
(REIT) | Real Estate Investment Trust | |||
(ADR) | American Depositary Receipt | |||
(ETF) | Exchange-Traded Fund |
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the ciracumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
BHFTII-187
Table of Contents
Brighthouse Funds Trust II
MetLife MSCI EAFE Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Fair Value Hierarchy(Continued)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks |
| |||||||||||||||
Australia |
$ | | $ | 62,727,600 | $ | 0 | $ | 62,727,600 | ||||||||
Austria |
| 1,376,222 | | 1,376,222 | ||||||||||||
Belgium |
| 6,532,494 | | 6,532,494 | ||||||||||||
Chile |
| 332,447 | | 332,447 | ||||||||||||
China |
145,431 | 4,589,084 | | 4,734,515 | ||||||||||||
Denmark |
| 21,020,285 | | 21,020,285 | ||||||||||||
Finland |
| 10,024,166 | | 10,024,166 | ||||||||||||
France |
| 86,471,571 | | 86,471,571 | ||||||||||||
Germany |
| 56,237,540 | | 56,237,540 | ||||||||||||
Hong Kong |
| 20,741,832 | | 20,741,832 | ||||||||||||
Ireland |
380,970 | 5,216,826 | | 5,597,796 | ||||||||||||
Israel |
2,171,075 | 4,475,405 | | 6,646,480 | ||||||||||||
Italy |
| 15,041,800 | | 15,041,800 | ||||||||||||
Japan |
| 180,756,521 | 151,214 | 180,907,735 | ||||||||||||
Jordan |
| 170,595 | | 170,595 | ||||||||||||
Luxembourg |
| 1,525,018 | | 1,525,018 | ||||||||||||
Macau |
| 436,731 | | 436,731 | ||||||||||||
Netherlands |
488,804 | 43,642,222 | | 44,131,026 | ||||||||||||
New Zealand |
| 1,815,563 | | 1,815,563 | ||||||||||||
Norway |
| 6,161,721 | | 6,161,721 | ||||||||||||
Portugal |
| 1,478,167 | | 1,478,167 | ||||||||||||
Singapore |
192,516 | 11,132,446 | | 11,324,962 | ||||||||||||
South Africa |
| 2,538,263 | | 2,538,263 | ||||||||||||
Spain |
| 18,990,631 | | 18,990,631 | ||||||||||||
Sweden |
45,623 | 25,023,602 | | 25,069,225 | ||||||||||||
Switzerland |
| 91,693,151 | | 91,693,151 | ||||||||||||
Taiwan |
1,333,990 | | | 1,333,990 | ||||||||||||
United Arab Emirates |
| | 0 | 0 | ||||||||||||
United Kingdom |
558,322 | 100,735,834 | | 101,294,156 | ||||||||||||
United States |
| 4,463,142 | | 4,463,142 | ||||||||||||
Total Common Stocks |
5,316,731 | 785,350,879 | 151,214 | 790,818,824 | ||||||||||||
Total Mutual Funds* |
32,541,810 | | | 32,541,810 | ||||||||||||
Total Preferred Stocks* |
| 3,468,321 | | 3,468,321 | ||||||||||||
Total Rights* |
35,817 | | | 35,817 | ||||||||||||
Total Warrants* |
35,275 | | | 35,275 | ||||||||||||
Total Short-Term Investment* |
| 11,093,957 | | 11,093,957 | ||||||||||||
Securities Lending Reinvestments |
| |||||||||||||||
Repurchase Agreements |
| 19,687,362 | | 19,687,362 | ||||||||||||
Mutual Funds |
19,000,000 | | | 19,000,000 | ||||||||||||
Total Securities Lending Reinvestments |
19,000,000 | 19,687,362 | | 38,687,362 | ||||||||||||
Total Investments |
$ | 56,929,633 | $ | 819,600,519 | $ | 151,214 | $ | 876,681,366 | ||||||||
Collateral for Securities Loaned (Liability) |
$ | | $ | (38,687,362 | ) | $ | | $ | (38,687,362 | ) | ||||||
Futures Contracts |
$ | (844,663 | ) | $ | | $ | | $ | (844,663 | ) |
* | See Schedule of Investments for additional detailed categorizations. |
Level 3 investments at the beginning and/or end of the period in relation to net assets were not significant and accordingly, a reconciliation of Level 3 assets for the period ended September 30, 2022 is not presented.
During the period ended September 30, 2022, a transfer into Level 3 in the amount of $178,474 was due to a trading halt on the security which resulted in the lack of observable inputs.
During the period ended September 30, 2022, a transfer out of Level 3 in the amount of $219,021 was due to the resumption of trading activity which resulted in the availability of significant observable inputs.
BHFTII-188
Table of Contents
Brighthouse Funds Trust II
MetLife Russell 2000 Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks97.5% of Net Assets
Security Description | Shares | Value | ||||||
Aerospace & Defense0.8% | ||||||||
AAR Corp. (a) |
11,635 | $ | 416,766 | |||||
Aerojet Rocketdyne Holdings, Inc. (a) |
27,265 | 1,090,327 | ||||||
AeroVironment, Inc. (a) |
8,452 | 704,559 | ||||||
AerSale Corp. (a) (b) |
6,969 | 129,205 | ||||||
Archer Aviation, Inc.- Class A (a)(b) |
65,182 | 170,125 | ||||||
Astronics Corp. (a) |
9,068 | 71,274 | ||||||
Cadre Holdings, Inc. (b) |
6,188 | 148,883 | ||||||
Ducommun, Inc. (a) |
3,227 | 127,983 | ||||||
Kaman Corp. |
8,733 | 243,913 | ||||||
Kratos Defense & Security Solutions, Inc. (a) |
42,530 | 432,105 | ||||||
Maxar Technologies, Inc. |
25,404 | 475,563 | ||||||
Moog, Inc.- Class A |
9,540 | 671,139 | ||||||
National Presto Industries, Inc. (b) |
2,353 | 153,063 | ||||||
Park Aerospace Corp. (b) |
7,125 | 78,660 | ||||||
Parsons Corp. (a) (b) |
11,334 | 444,293 | ||||||
Rocket Lab USA, Inc. (a) (b) |
74,509 | 303,251 | ||||||
Triumph Group, Inc. (a) |
22,281 | 191,394 | ||||||
V2X, Inc. (a) |
3,920 | 138,768 | ||||||
Virgin Galactic Holdings, Inc. (a) (b) |
76,835 | 361,893 | ||||||
|
|
|||||||
6,353,164 | ||||||||
|
|
|||||||
Air Freight & Logistics0.4% | ||||||||
Air Transport Services Group, Inc. (a) (b) |
20,568 | 495,483 | ||||||
Atlas Air Worldwide Holdings, Inc. (a) |
9,474 | 905,430 | ||||||
Forward Air Corp. (b) |
8,967 | 809,361 | ||||||
Hub Group, Inc.- Class A (a) |
11,249 | 775,956 | ||||||
Radiant Logistics, Inc. (a) |
13,211 | 75,171 | ||||||
|
|
|||||||
3,061,401 | ||||||||
|
|
|||||||
Airlines0.3% | ||||||||
Allegiant Travel Co. (a) |
5,412 | 394,968 | ||||||
Blade Air Mobility, Inc. (a) |
20,915 | 84,288 | ||||||
Frontier Group Holdings, Inc. (a) |
14,756 | 143,133 | ||||||
Hawaiian Holdings, Inc. (a) (b) |
18,138 | 238,515 | ||||||
Joby Aviation, Inc. (a) (b) |
86,504 | 374,562 | ||||||
SkyWest, Inc. (a) |
16,673 | 271,103 | ||||||
Spirit Airlines, Inc. (a) |
36,644 | 689,640 | ||||||
Sun Country Airlines Holdings, Inc. (a) (b) |
12,318 | 167,648 | ||||||
Wheels Up Experience, Inc. (a) |
58,563 | 67,347 | ||||||
|
|
|||||||
2,431,204 | ||||||||
|
|
|||||||
Auto Components1.3% | ||||||||
Adient plc (a) |
32,641 | 905,788 | ||||||
American Axle & Manufacturing Holdings, Inc. (a) (b) |
39,195 | 267,702 | ||||||
Dana, Inc. (b) |
43,537 | 497,628 | ||||||
Dorman Products, Inc. (a) |
9,015 | 740,312 | ||||||
Fox Factory Holding Corp. (a) |
14,592 | 1,153,935 | ||||||
Gentherm, Inc. (a) |
11,505 | 572,144 | ||||||
Goodyear Tire & Rubber Co. (The) (a) |
95,413 | 962,717 | ||||||
Holley, Inc. (a) (b) |
18,463 | 74,775 | ||||||
LCI Industries |
8,570 | 869,512 | ||||||
Luminar Technologies, Inc. (a) (b) |
86,015 | 626,619 | ||||||
Modine Manufacturing Co. (a) |
17,537 | 226,929 | ||||||
Motorcar Parts of America, Inc. (a) (b) |
6,814 | 103,709 | ||||||
Patrick Industries, Inc. |
8,089 | 354,622 | ||||||
Solid Power, Inc. (a) (b) |
47,374 | 249,187 | ||||||
Standard Motor Products, Inc. |
6,921 | $ | 224,933 | |||||
Stoneridge, Inc. (a) (b) |
9,252 | 156,821 | ||||||
Tenneco, Inc.-Class A (a) (b) |
27,887 | 484,955 | ||||||
Visteon Corp. (a) |
9,437 | 1,000,888 | ||||||
XPEL, Inc. (a)(b) |
7,296 | 470,154 | ||||||
|
|
|||||||
9,943,330 | ||||||||
|
|
|||||||
Automobiles0.2% | ||||||||
Canoo, Inc. (a) (b) |
66,391 | 124,483 | ||||||
Cenntro Electric Group, Ltd. (a) |
67,849 | 69,885 | ||||||
Fisker, Inc. (a) (b) |
58,292 | 440,105 | ||||||
Lordstown Motors Corp.-Class A (a) (b) |
59,951 | 109,710 | ||||||
Winnebago Industries, Inc. (b) |
10,945 | 582,383 | ||||||
Workhorse Group, Inc. (a) (b) |
50,805 | 145,810 | ||||||
|
|
|||||||
1,472,376 | ||||||||
|
|
|||||||
Banks9.9% | ||||||||
1st Source Corp. |
5,951 | 275,531 | ||||||
ACNB Corp. (b) |
2,906 | 87,296 | ||||||
Allegiance Bancshares, Inc. (b) |
6,717 | 279,629 | ||||||
Amalgamated Financial Corp. (b) |
4,801 | 108,263 | ||||||
Amerant Bancorp, Inc. (b) |
9,340 | 232,006 | ||||||
American National Bankshares, Inc. |
4,311 | 137,736 | ||||||
Ameris Bancorp |
23,061 | 1,031,057 | ||||||
Arrow Financial Corp. |
4,907 | 141,417 | ||||||
Associated Banc-Corp. |
50,625 | 1,016,550 | ||||||
Atlantic Union Bankshares Corp. |
25,793 | 783,591 | ||||||
Banc of California, Inc. (b) |
18,927 | 302,264 | ||||||
BancFirst Corp. (b) |
6,618 | 592,112 | ||||||
Bancorp, Inc. (The) (a) |
19,267 | 423,489 | ||||||
Bank First Corp. (b) |
1,881 | 143,859 | ||||||
Bank of Marin Bancorp (b) |
5,192 | 155,500 | ||||||
Bank of NT Butterfield & Son, Ltd. (The) |
17,296 | 561,428 | ||||||
BankUnited, Inc. (b) |
26,380 | 901,405 | ||||||
Banner Corp. |
12,017 | 709,964 | ||||||
Bar Harbor Bankshares |
5,292 | 140,344 | ||||||
BayCom Corp. (b) |
4,420 | 77,704 | ||||||
BCB Bancorp, Inc. |
4,956 | 83,409 | ||||||
Berkshire Hills Bancorp, Inc. |
14,603 | 398,662 | ||||||
Blue Ridge Bankshares, Inc. |
7,472 | 94,969 | ||||||
Brookline Bancorp, Inc. (b) |
26,855 | 312,861 | ||||||
Business First Bancshares, Inc. |
6,674 | 143,691 | ||||||
Byline Bancorp, Inc. (b) |
8,821 | 178,625 | ||||||
Cadence Bank |
63,021 | 1,601,364 | ||||||
Cambridge Bancorp (b) |
2,648 | 211,152 | ||||||
Camden National Corp. (b) |
4,522 | 192,637 | ||||||
Capital Bancorp, Inc. |
3,124 | 72,164 | ||||||
Capital City Bank Group, Inc. |
5,769 | 179,474 | ||||||
Capstar Financial Holdings, Inc. (b) |
7,899 | 146,368 | ||||||
Carter Bankshares, Inc. (a) (b) |
9,102 | 146,542 | ||||||
Cathay General Bancorp |
24,786 | 953,270 | ||||||
CBTX, Inc. |
6,171 | 180,502 | ||||||
Central Pacific Financial Corp. |
8,161 | 168,851 | ||||||
Citizens & Northern Corp. (b) |
6,038 | 145,999 | ||||||
City Holding Co. |
4,787 | 424,559 | ||||||
Civista Bancshares, Inc. (b) |
5,230 | 108,575 |
BHFTII-189
Table of Contents
Brighthouse Funds Trust II
MetLife Russell 2000 Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Banks(Continued) | ||||||||
CNB Financial Corp. |
6,782 | $ | 159,852 | |||||
Coastal Financial Corp. (a) (b) |
3,437 | 136,586 | ||||||
Colony Bankcorp, Inc. (b) |
5,639 | 73,476 | ||||||
Columbia Banking System, Inc. (b) |
27,046 | 781,359 | ||||||
Community Bank System, Inc. |
17,926 | 1,076,994 | ||||||
Community Trust Bancorp, Inc. |
5,081 | 206,035 | ||||||
ConnectOne Bancorp, Inc. |
13,780 | 317,767 | ||||||
CrossFirst Bankshares, Inc. (a) (b) |
16,519 | 215,573 | ||||||
Customers Bancorp, Inc. (a) |
10,596 | 312,370 | ||||||
CVB Financial Corp. (b) |
46,665 | 1,181,558 | ||||||
Dime Community Bancshares, Inc. (b) |
11,336 | 331,918 | ||||||
Eagle Bancorp, Inc. |
11,013 | 493,603 | ||||||
Eastern Bankshares, Inc. (b) |
54,127 | 1,063,054 | ||||||
Enterprise Bancorp, Inc. |
3,354 | 100,318 | ||||||
Enterprise Financial Services Corp. |
11,710 | 515,708 | ||||||
Equity Bancshares, Inc.- Class A (b) |
4,632 | 137,246 | ||||||
Esquire Financial Holdings, Inc. (b) |
2,392 | 89,820 | ||||||
Farmers & Merchants Bancorp, Inc. (b) |
4,130 | 110,973 | ||||||
Farmers National Banc Corp. |
11,007 | 144,082 | ||||||
FB Financial Corp. |
12,217 | 466,812 | ||||||
Financial Institutions, Inc. |
6,461 | 155,516 | ||||||
First Bancorp (b) |
12,219 | 446,971 | ||||||
First Bancorp, Inc. (The) (b) |
3,758 | 103,533 | ||||||
First BanCorp/Puerto Rico |
62,965 | 861,361 | ||||||
First Bancshares, Inc. (The) (b) |
6,912 | 206,461 | ||||||
First Bank/Hamilton NJ (b) |
5,582 | 76,306 | ||||||
First Busey Corp. |
18,478 | 406,146 | ||||||
First Business Financial Services, Inc. (b) |
2,763 | 89,273 | ||||||
First Commonwealth Financial Corp. |
32,439 | 416,517 | ||||||
First Community Bankshares, Inc. |
5,650 | 180,970 | ||||||
First Financial Bancorp |
32,896 | 693,448 | ||||||
First Financial Bankshares, Inc. (b) |
44,473 | 1,860,306 | ||||||
First Financial Corp. |
3,977 | 179,721 | ||||||
First Foundation, Inc. |
17,120 | 310,557 | ||||||
First Internet Bancorp (b) |
3,385 | 114,616 | ||||||
First Interstate BancSystem, Inc.-Class A (b) |
31,335 | 1,264,367 | ||||||
First Merchants Corp. |
19,730 | 763,156 | ||||||
First Mid Bancshares, Inc. (b) |
6,036 | 192,971 | ||||||
First of Long Island Corp. (The) |
7,996 | 137,851 | ||||||
First Western Financial, Inc. (a) (b) |
2,729 | 67,270 | ||||||
Five Star Bancorp (b) |
5,331 | 151,187 | ||||||
Flushing Financial Corp. |
10,410 | 201,642 | ||||||
Fulton Financial Corp. (b) |
55,870 | 882,746 | ||||||
FVCBankcorp, Inc. (a) (b) |
4,131 | 79,191 | ||||||
German American Bancorp, Inc. (b) |
9,350 | 333,889 | ||||||
Glacier Bancorp, Inc. (b) |
37,735 | 1,853,921 | ||||||
Great Southern Bancorp, Inc. (b) |
3,405 | 194,323 | ||||||
Guaranty Bancshares, Inc. (b) |
2,906 | 100,519 | ||||||
Hancock Whitney Corp. |
29,645 | 1,358,037 | ||||||
Hanmi Financial Corp. |
11,484 | 271,941 | ||||||
HarborOne Bancrop, Inc. (b) |
16,612 | 222,933 | ||||||
Heartland Financial USA, Inc. |
13,834 | 599,842 | ||||||
Heritage Commerce Corp. (b) |
20,117 | 228,127 | ||||||
Heritage Financial Corp. |
12,295 | 325,449 | ||||||
Hilltop Holdings, Inc. |
17,172 | 426,724 | ||||||
Home BancShares, Inc. (b) |
65,392 | 1,471,974 | ||||||
HomeStreet, Inc. |
6,963 | 200,604 | ||||||
HomeTrust Bancshares, Inc. (b) |
5,432 | $ | 120,047 | |||||
Hope Bancorp, Inc. (b) |
39,512 | 499,432 | ||||||
Horizon Bancorp |
14,700 | 264,012 | ||||||
Independent Bank Corp./MA |
15,711 | 1,170,941 | ||||||
Independent Bank Corp./MI |
7,375 | 140,863 | ||||||
Independent Bank Group, Inc. |
12,657 | 777,013 | ||||||
International Bancshares Corp. |
19,040 | 809,200 | ||||||
John Marshall Bancorp, Inc. |
4,296 | 105,510 | ||||||
Lakeland Bancorp, Inc. |
21,117 | 338,083 | ||||||
Lakeland Financial Corp. (b) |
8,350 | 607,963 | ||||||
Live Oak Bancshares, Inc. (b) |
11,266 | 344,740 | ||||||
Macatawa Bank Corp. (b) |
9,068 | 83,970 | ||||||
Mercantile Bank Corp. |
5,350 | 158,949 | ||||||
Metrocity Bankshares, Inc. (b) |
7,472 | 146,750 | ||||||
Metropolitan Bank Holding Corp. (a) |
3,249 | 209,106 | ||||||
Mid Penn Bancorp, Inc. (b) |
5,091 | 146,264 | ||||||
Midland States Bancorp, Inc. |
6,845 | 161,337 | ||||||
MidWestOne Financial Group, Inc. (b) |
6,179 | 168,625 | ||||||
MVB Financial Corp. (b) |
3,791 | 105,504 | ||||||
National Bank Holdings Corp.-Class A |
10,343 | 382,588 | ||||||
NBT Bancorp, Inc. |
14,003 | 531,414 | ||||||
Nicolet Bankshares, Inc. (a) (b) |
4,330 | 305,005 | ||||||
Northeast Bank (b) |
2,320 | 85,074 | ||||||
Northwest Bancshares, Inc. |
42,112 | 568,933 | ||||||
OceanFirst Financial Corp. |
20,664 | 385,177 | ||||||
OFG Bancorp |
15,488 | 389,213 | ||||||
Old National Bancorp |
99,968 | 1,646,473 | ||||||
Old Second Bancorp, Inc. |
14,378 | 187,633 | ||||||
Origin Bancorp, Inc. |
7,487 | 288,025 | ||||||
Orrstown Financial Services, Inc. |
3,982 | 95,249 | ||||||
Pacific Premier Bancorp, Inc. (b) |
31,429 | 973,042 | ||||||
Park National Corp. (b) |
4,856 | 604,475 | ||||||
Parke Bancorp, Inc. (b) |
3,496 | 73,276 | ||||||
Pathward Financial, Inc. |
10,648 | 350,958 | ||||||
PCB Bancorp (b) |
4,027 | 72,768 | ||||||
Peapack Gladstone Financial Corp. (b) |
6,072 | 204,323 | ||||||
Peoples Bancorp, Inc. |
9,666 | 279,637 | ||||||
Peoples Financial Services Corp. (b) |
2,533 | 118,646 | ||||||
Preferred Bank |
4,747 | 309,647 | ||||||
Premier Financial Corp. |
11,932 | 306,652 | ||||||
Primis Financial Corp. (b) |
8,503 | 103,141 | ||||||
Professional Holding Corp.-Class A (a) (b) |
4,449 | 115,407 | ||||||
QCR Holdings, Inc. |
5,744 | 292,599 | ||||||
RBB Bancorp (b) |
4,676 | 97,167 | ||||||
Red River Bancshares, Inc. (b) |
1,618 | 79,978 | ||||||
Renasant Corp. |
19,074 | 596,635 | ||||||
Republic Bancorp, Inc.-Class A (b) |
3,075 | 117,773 | ||||||
S&T Bancorp, Inc. (b) |
13,516 | 396,154 | ||||||
Sandy Spring Bancorp, Inc. |
15,275 | 538,596 | ||||||
Seacoast Banking Corp. of Florida (b) |
20,365 | 615,634 | ||||||
ServisFirst Bancshares, Inc. |
17,254 | 1,380,320 | ||||||
Shore Bancshares, Inc. (b) |
6,088 | 105,444 | ||||||
Sierra Bancorp |
5,841 | 115,360 | ||||||
Silvergate Capital Corp.- Class A (a) |
10,551 | 795,018 | ||||||
Simmons First National Corp.- Class A |
43,005 | 937,079 | ||||||
SmartFinancial, Inc. (b) |
5,462 | 134,966 | ||||||
South Plains Financial, Inc. |
3,888 | 107,153 |
BHFTII-190
Table of Contents
Brighthouse Funds Trust II
MetLife Russell 2000 Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Banks(Continued) | ||||||||
Southern First Bancshares, Inc. (a) (b) |
2,035 | $ | 84,778 | |||||
Southside Bancshares, Inc. (b) |
10,581 | 374,144 | ||||||
SouthState Corp. |
25,767 | 2,038,685 | ||||||
Stock Yards Bancorp, Inc. (b) |
9,642 | 655,752 | ||||||
Summit Financial Group, Inc. |
4,159 | 112,043 | ||||||
Texas Capital Bancshares, Inc. (a) |
17,594 | 1,038,574 | ||||||
Third Coast Bancshares, Inc. (a) (b) |
4,809 | 82,282 | ||||||
Tompkins Financial Corp. |
5,099 | 370,289 | ||||||
Towne Bank |
23,282 | 624,656 | ||||||
TriCo Bancshares |
10,668 | 476,326 | ||||||
Triumph Bancorp, Inc. (a) |
8,184 | 444,800 | ||||||
Trustmark Corp. (b) |
21,627 | 662,435 | ||||||
UMB Financial Corp. |
15,144 | 1,276,488 | ||||||
United Bankshares, Inc. |
45,549 | 1,628,377 | ||||||
United Community Banks, Inc. (b) |
36,578 | 1,210,732 | ||||||
Univest Financial Corp. (b) |
9,428 | 221,369 | ||||||
Valley National Bancorp |
148,111 | 1,599,599 | ||||||
Veritex Holdings, Inc. |
17,694 | 470,483 | ||||||
Washington Federal, Inc. |
22,314 | 668,974 | ||||||
Washington Trust Bancorp, Inc. (b) |
5,542 | 257,592 | ||||||
WesBanco, Inc. |
19,306 | 644,241 | ||||||
West Bancorp, Inc. |
7,262 | 151,122 | ||||||
Westamerica Bancorp (b) |
9,608 | 502,402 | ||||||
|
|
|||||||
75,831,373 | ||||||||
|
|
|||||||
Beverages0.6% | ||||||||
Celsius Holdings, Inc. (a) (b) |
19,039 | 1,726,457 | ||||||
Coca-Cola Consolidated, Inc. |
1,600 | 658,768 | ||||||
Duckhorn Portfolio, Inc. (The) (a) |
13,689 | 197,532 | ||||||
MGP Ingredients, Inc. (b) |
4,809 | 510,524 | ||||||
National Beverage Corp. (b) |
8,223 | 316,914 | ||||||
Primo Water Corp. |
54,035 | 678,139 | ||||||
Vita Coco Co., Inc. (The) (a) (b) |
10,537 | 120,016 | ||||||
|
|
|||||||
4,208,350 | ||||||||
|
|
|||||||
Biotechnology8.2% | ||||||||
2seventy bio, Inc. (a) |
13,397 | 194,926 | ||||||
4D Molecular Therapeutics, Inc. (a) (b) |
11,182 | 89,903 | ||||||
ACADIA Pharmaceuticals, Inc. (a) |
43,086 | 704,887 | ||||||
Adicet Bio, Inc. (a) |
8,160 | 116,035 | ||||||
ADMA Biologics, Inc. (a) (b) |
63,537 | 154,395 | ||||||
Affimed NV (a) |
49,711 | 102,405 | ||||||
Agenus, Inc. (a) (b) |
91,846 | 188,284 | ||||||
Agios Pharmaceuticals, Inc. (a) (b) |
18,399 | 520,324 | ||||||
Akero Therapeutics, Inc. (a) (b) |
9,830 | 334,712 | ||||||
Albireo Pharma, Inc. (a) (b) |
6,398 | 123,865 | ||||||
Alector, Inc. (a) (b) |
20,549 | 194,394 | ||||||
Alkermes plc (a) |
56,026 | 1,251,061 | ||||||
Allogene Therapeutics, Inc. (a) |
26,931 | 290,855 | ||||||
Allovir, Inc. (a) (b) |
10,797 | 85,188 | ||||||
ALX Oncology Holdings, Inc. (a) |
7,595 | 72,684 | ||||||
Amicus Therapeutics, Inc. (a) |
94,876 | 990,505 | ||||||
AnaptysBio, Inc. (a) (b) |
7,034 | 179,437 | ||||||
Anavex Life Sciences Corp. (a) (b) |
23,292 | 240,373 | ||||||
Anika Therapeutics, Inc. (a) (b) |
4,948 | 117,762 | ||||||
Apellis Pharmaceuticals, Inc. (a) |
32,091 | $ | 2,191,815 | |||||
Arbutus Biopharma Corp. (a) |
38,196 | 72,954 | ||||||
Arcellx, Inc. (a) (b) |
10,885 | 204,311 | ||||||
Arcturus Therapeutics Holdings, Inc. (a) (b) |
7,412 | 109,846 | ||||||
Arcus Biosciences, Inc. (a) |
17,324 | 453,196 | ||||||
Arcutis Biotherapeutics, Inc. (a) |
14,052 | 268,534 | ||||||
Arrowhead Pharmaceuticals, Inc. (a) |
34,801 | 1,150,173 | ||||||
Atara Biotherapeutics, Inc. (a) (b) |
29,753 | 112,466 | ||||||
Aura Biosciences, Inc. (a) (b) |
7,130 | 129,196 | ||||||
Aurinia Pharmaceuticals, Inc. (a) |
46,041 | 346,228 | ||||||
Avid Bioservices, Inc. (a) (b) |
20,292 | 387,983 | ||||||
Avidity Biosciences, Inc. (a) |
16,559 | 270,409 | ||||||
Beam Therapeutics, Inc. (a) (b) |
22,413 | 1,067,755 | ||||||
BioCryst Pharmaceuticals, Inc. (a) (b) |
62,014 | 781,376 | ||||||
Biohaven Pharmaceutical Holding Co., Ltd. (a) |
21,604 | 3,265,877 | ||||||
Bioxcel Therapeutics, Inc. (a) (b) |
6,276 | 74,182 | ||||||
Bluebird Bio, Inc. (a) (b) |
24,580 | 155,591 | ||||||
Blueprint Medicines Corp. (a) |
20,651 | 1,360,694 | ||||||
Bridgebio Pharma, Inc. (a) (b) |
38,327 | 380,970 | ||||||
C4 Therapeutics, Inc. (a) (b) |
19,683 | 172,620 | ||||||
CareDx, Inc. (a) |
17,647 | 300,352 | ||||||
Caribou Biosciences, Inc. (a) (b) |
19,951 | 210,483 | ||||||
Catalyst Pharmaceuticals, Inc. (a) (b) |
35,330 | 453,284 | ||||||
Celldex Therapeutics, Inc. (a) (b) |
16,056 | 451,334 | ||||||
Century Therapeutics, Inc. (a) (b) |
7,830 | 77,439 | ||||||
Cerevel Therapeutics Holdings, Inc. (a) (b) |
18,650 | 527,049 | ||||||
ChemoCentryx, Inc. (a) |
21,285 | 1,099,583 | ||||||
Chinook Therapeutics, Inc. (a) |
17,120 | 336,579 | ||||||
Cogent Biosciences, Inc. (a) (b) |
21,981 | 327,957 | ||||||
Coherus Biosciences, Inc. (a) (b) |
25,327 | 243,392 | ||||||
Crinetics Pharmaceuticals, Inc. (a) (b) |
18,192 | 357,291 | ||||||
CTI BioPharma Corp. (a) (b) |
31,483 | 183,231 | ||||||
Cullinan Oncology, Inc. (a) (b) |
14,299 | 183,313 | ||||||
Cytokinetics, Inc. (a) |
27,587 | 1,336,590 | ||||||
Day One Biopharmaceuticals, Inc. (a) (b) |
10,021 | 200,721 | ||||||
Deciphera Pharmaceuticals, Inc. (a) |
15,140 | 280,090 | ||||||
Denali Therapeutics, Inc. (a) |
33,873 | 1,039,562 | ||||||
Design Therapeutics, Inc. (a) |
14,198 | 237,391 | ||||||
Dynavax Technologies Corp. (a) (b) |
39,892 | 416,473 | ||||||
Dyne Therapeutics, Inc. (a) |
12,586 | 159,842 | ||||||
Eagle Pharmaceuticals, Inc. (a) (b) |
3,536 | 93,421 | ||||||
Editas Medicine, Inc. (a) (b) |
23,602 | 288,889 | ||||||
Eiger BioPharmaceuticals, Inc. (a) |
12,775 | 96,196 | ||||||
Emergent BioSolutions, Inc. (a) (b) |
17,598 | 369,382 | ||||||
Enanta Pharmaceuticals, Inc. (a) |
6,820 | 353,753 | ||||||
EQRx, Inc. (a) |
71,974 | 356,271 | ||||||
Erasca, Inc. (a) (b) |
23,988 | 187,106 | ||||||
Fate Therapeutics, Inc. (a) (b) |
28,366 | 635,682 | ||||||
FibroGen, Inc. (a) |
30,460 | 396,285 | ||||||
Foghorn Therapeutics, Inc. (a) (b) |
8,683 | 74,500 | ||||||
Forma Therapeutics Holdings, Inc. (a) (b) |
11,944 | 238,283 | ||||||
Generation Bio Co. (a) (b) |
17,596 | 93,435 | ||||||
Geron Corp. (a) |
124,768 | 291,957 | ||||||
Global Blood Therapeutics, Inc. (a) |
21,706 | 1,478,179 | ||||||
Gossamer Bio, Inc. (a) (b) |
22,675 | 271,647 | ||||||
Halozyme Therapeutics, Inc. (a) |
46,607 | 1,842,841 | ||||||
Heron Therapeutics, Inc. (a) (b) |
32,773 | 138,302 |
BHFTII-191
Table of Contents
Brighthouse Funds Trust II
MetLife Russell 2000 Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Biotechnology(Continued) | ||||||||
HilleVax, Inc. (a) (b) |
5,194 | $ | 88,765 | |||||
Ideaya Biosciences, Inc. (a) (b) |
10,897 | 162,583 | ||||||
IGM Biosciences, Inc. (a) (b) |
3,684 | 83,774 | ||||||
Imago Biosciences, Inc. (a) (b) |
11,808 | 177,710 | ||||||
Immunitybio, Inc. (a) (b) |
28,710 | 142,689 | ||||||
ImmunoGen, Inc. (a) |
69,797 | 333,630 | ||||||
Immunovant, Inc. (a) |
13,987 | 78,047 | ||||||
Inhibrx, Inc. (a) (b) |
11,523 | 206,838 | ||||||
Inovio Pharmaceuticals, Inc. (a) |
76,842 | 132,552 | ||||||
Insmed, Inc. (a) (b) |
40,053 | 862,742 | ||||||
Instil Bio, Inc. (a) (b) |
26,075 | 126,203 | ||||||
Intellia Therapeutics, Inc. (a) |
25,909 | 1,449,868 | ||||||
Intercept Pharmaceuticals, Inc. (a) (b) |
7,486 | 104,430 | ||||||
Invivyd, Inc. (a) (b) |
20,801 | 65,107 | ||||||
Iovance Biotherapeutics, Inc. (a) |
50,807 | 486,731 | ||||||
Ironwood Pharmaceuticals, Inc. (a) (b) |
44,956 | 465,744 | ||||||
iTeos Therapeutics, Inc. (a) (b) |
7,999 | 152,381 | ||||||
IVERIC bio, Inc. (a) |
40,293 | 722,856 | ||||||
Janux Therapeutics, Inc. (a) |
7,592 | 102,796 | ||||||
KalVista Pharmaceuticals, Inc. (a) |
8,595 | 124,713 | ||||||
Karuna Therapeutics, Inc. (a) |
10,217 | 2,298,110 | ||||||
Karyopharm Therapeutics, Inc. (a) (b) |
26,754 | 146,077 | ||||||
Keros Therapeutics, Inc. (a) |
5,456 | 205,255 | ||||||
Kezar Life Sciences, Inc. (a) (b) |
18,151 | 156,280 | ||||||
Kiniksa Pharmaceuticals, Ltd.- Class A (a) (b) |
11,087 | 142,357 | ||||||
Kinnate Biopharma, Inc. (a) (b) |
9,927 | 118,628 | ||||||
Kodiak Sciences, Inc. (a) |
11,661 | 90,256 | ||||||
Kronos Bio, Inc. (a) (b) |
16,519 | 55,339 | ||||||
Krystal Biotech, Inc. (a) (b) |
7,224 | 503,513 | ||||||
Kura Oncology, Inc. (a) (b) |
23,723 | 324,056 | ||||||
Kymera Therapeutics, Inc. (a) (b) |
15,257 | 332,145 | ||||||
Lexicon Pharmaceuticals, Inc. (a) (b) |
25,880 | 62,112 | ||||||
Ligand Pharmaceuticals, Inc. (a) |
5,564 | 479,116 | ||||||
Lyell Immunopharma, Inc. (a) (b) |
59,815 | 438,444 | ||||||
MacroGenics, Inc. (a) (b) |
21,437 | 74,172 | ||||||
Madrigal Pharmaceuticals, Inc. (a) |
4,214 | 273,868 | ||||||
MannKind Corp. (a) (b) |
86,202 | 266,364 | ||||||
MeiraGTx Holdings plc (a) (b) |
10,435 | 87,758 | ||||||
Mersana Therapeutics, Inc. (a) |
29,899 | 202,117 | ||||||
MiMedx Group, Inc. (a) (b) |
40,218 | 115,426 | ||||||
Mirum Pharmaceuticals, Inc. (a) |
5,450 | 114,505 | ||||||
Monte Rosa Therapeutics, Inc. (a) (b) |
11,684 | 95,458 | ||||||
Morphic Holding, Inc. (a) (b) |
10,291 | 291,235 | ||||||
Myriad Genetics, Inc. (a) |
27,414 | 523,059 | ||||||
Nkarta, Inc. (a) |
11,066 | 145,629 | ||||||
Nurix Therapeutics, Inc. (a) |
15,059 | 196,219 | ||||||
Nuvalent, Inc.- Class A (a) (b) |
8,339 | 162,110 | ||||||
Ocugen, Inc. (a) (b) |
72,767 | 129,525 | ||||||
Organogenesis Holdings, Inc. (a) |
24,518 | 79,438 | ||||||
PMV Pharmaceuticals, Inc. (a) (b) |
13,301 | 158,282 | ||||||
Point Biopharma Global, Inc. (a) |
26,470 | 204,613 | ||||||
Precigen, Inc. (a) |
35,057 | 74,321 | ||||||
Prometheus Biosciences, Inc. (a) (b) |
11,237 | 663,095 | ||||||
Protagonist Therapeutics, Inc. (a) (b) |
15,088 | 127,192 | ||||||
Prothena Corp. plc (a) |
12,610 | 764,544 | ||||||
PTC Therapeutics, Inc. (a) |
23,732 | 1,191,346 | ||||||
Rallybio Corp. (a) (b) |
6,642 | 96,110 | ||||||
Rapt Therapeutics, Inc. (a) (b) |
8,849 | $ | 212,907 | |||||
Recursion Pharmaceuticals, Inc. - Class A (a) (b) |
46,662 | 496,484 | ||||||
REGENXBIO, Inc. (a) (b) |
14,967 | 395,578 | ||||||
Relay Therapeutics, Inc. (a) (b) |
26,372 | 589,942 | ||||||
Replimune Group, Inc. (a) |
13,974 | 241,331 | ||||||
REVOLUTION Medicines, Inc. (a) |
25,534 | 503,531 | ||||||
Rigel Pharmaceuticals, Inc. (a) |
61,614 | 72,705 | ||||||
Rocket Pharmaceuticals, Inc. (a) (b) |
14,674 | 234,197 | ||||||
Sage Therapeutics, Inc. (a) |
17,540 | 686,866 | ||||||
Sana Biotechnology, Inc. (a) (b) |
30,778 | 184,668 | ||||||
Sangamo Therapeutics, Inc. (a) (b) |
44,571 | 218,398 | ||||||
Seres Therapeutics, Inc. (a) (b) |
24,924 | 160,012 | ||||||
Sorrento Therapeutics, Inc. (a) (b) |
128,603 | 201,907 | ||||||
SpringWorks Therapeutics, Inc. (a) (b) |
12,006 | 342,531 | ||||||
Stoke Therapeutics, Inc. (a) (b) |
7,332 | 94,143 | ||||||
Sutro Biopharma, Inc. (a) (b) |
15,556 | 86,336 | ||||||
Syndax Pharmaceuticals, Inc. (a) (b) |
17,053 | 409,784 | ||||||
TG Therapeutics, Inc. (a) |
44,826 | 265,370 | ||||||
Travere Therapeutics, Inc. (a) |
21,324 | 525,423 | ||||||
Twist Bioscience Corp. (a) |
19,106 | 673,295 | ||||||
Vanda Pharmaceuticals, Inc. (a) |
19,612 | 193,767 | ||||||
Vaxart, Inc. (a) (b) |
43,215 | 94,209 | ||||||
Vaxcyte, Inc. (a) |
17,797 | 427,128 | ||||||
Vera Therapeutics, Inc. (a) (b) |
5,715 | 121,787 | ||||||
Veracyte, Inc. (a) (b) |
24,557 | 407,646 | ||||||
Vericel Corp. (a) (b) |
16,730 | 388,136 | ||||||
Verve Therapeutics, Inc. (a) (b) |
15,945 | 547,711 | ||||||
Vir Biotechnology, Inc. (a) (b) |
24,415 | 470,721 | ||||||
Viridian Therapeutics, Inc. (a) (b) |
8,868 | 181,883 | ||||||
Xencor, Inc. (a) (b) |
19,810 | 514,664 | ||||||
Y-mAbs Therapeutics, Inc. (a) (b) |
13,415 | 193,444 | ||||||
Zentalis Pharmaceuticals, Inc. (a) (b) |
16,112 | 348,986 | ||||||
|
|
|||||||
62,479,979 | ||||||||
|
|
|||||||
Building Products1.3% | ||||||||
AAON, Inc. (b) |
15,098 | 813,480 | ||||||
American Woodmark Corp. (a) |
6,243 | 273,818 | ||||||
Apogee Enterprises, Inc. (b) |
8,397 | 320,933 | ||||||
Caesarstone, Ltd. (b) |
8,108 | 75,486 | ||||||
CSW Industrials, Inc. |
5,158 | 617,928 | ||||||
Gibraltar Industries, Inc. (a) |
11,164 | 456,943 | ||||||
Griffon Corp. |
14,937 | 440,940 | ||||||
Insteel Industries, Inc. (b) |
7,079 | 187,806 | ||||||
Janus International Group Inc. (a) |
28,699 | 255,995 | ||||||
JELD-WEN Holding, Inc. (a) |
31,425 | 274,969 | ||||||
Masonite International Corp. (a) |
7,534 | 537,099 | ||||||
PGT Innovations, Inc. (a) (b) |
20,640 | 432,614 | ||||||
Quanex Building Products Corp. (b) |
12,585 | 228,544 | ||||||
Resideo Technologies, Inc. (a) |
50,093 | 954,773 | ||||||
Simpson Manufacturing Co., Inc. |
14,901 | 1,168,238 | ||||||
UFP Industries, Inc. |
20,840 | 1,503,814 | ||||||
View, Inc. (a) (b) |
42,937 | 57,536 | ||||||
Zurn Water Solutions Corp. |
43,798 | 1,073,051 | ||||||
|
|
|||||||
9,673,967 | ||||||||
|
|
BHFTII-192
Table of Contents
Brighthouse Funds Trust II
MetLife Russell 2000 Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Capital Markets1.5% | ||||||||
Artisan Partners Asset Management, Inc. - Class A |
21,747 | $ | 585,647 | |||||
AssetMark Financial Holdings, Inc. (a) |
6,422 | 117,458 | ||||||
B. Riley Financial, Inc. (b) |
6,563 | 292,185 | ||||||
BGC Partners, Inc.-Class A |
110,549 | 347,124 | ||||||
Blucora, Inc. (a) |
17,555 | 339,514 | ||||||
Brightsphere Investment Group, Inc. |
11,092 | 165,382 | ||||||
Cohen & Steers, Inc. |
8,580 | 537,365 | ||||||
Cowen, Inc. - Class A (b) |
8,381 | 323,842 | ||||||
Diamond Hill Investment Group, Inc. |
1,057 | 174,405 | ||||||
Donnelley Financial Solutions, Inc. (a) (b) |
8,485 | 313,690 | ||||||
Federated Hermes, Inc. |
29,524 | 977,835 | ||||||
Focus Financial Partners, Inc. - Class A (a) |
19,525 | 615,233 | ||||||
GCM Grosvenor, Inc. - Class A (b) |
15,754 | 124,299 | ||||||
Hamilton Lane, Inc. - Class A |
11,772 | 701,729 | ||||||
Houlihan Lokey, Inc. |
17,539 | 1,322,090 | ||||||
Manning & Napier, Inc. |
5,505 | 67,546 | ||||||
Moelis & Co. - Class A (b) |
21,688 | 733,271 | ||||||
Open Lending Corp. - Class A (a) |
37,857 | 304,370 | ||||||
Oppenheimer Holdings, Inc. - Class A |
3,028 | 93,807 | ||||||
Perella Weinberg Partners (b) |
17,499 | 110,769 | ||||||
Piper Sandler Cos. |
6,026 | 631,163 | ||||||
PJT Partners, Inc. - Class A |
8,339 | 557,212 | ||||||
Sculptor Capital Management, Inc. (b) |
8,165 | 72,179 | ||||||
StepStone Group, Inc. - Class A (b) |
18,138 | 444,562 | ||||||
Stonex Group, Inc. (a) |
5,797 | 480,803 | ||||||
Victory Capital Holdings, Inc. - Class A |
6,004 | 139,953 | ||||||
Virtus Investment Partners, Inc. |
2,499 | 398,641 | ||||||
WisdomTree Investments, Inc. (b) |
47,384 | 221,757 | ||||||
|
|
|||||||
11,193,831 | ||||||||
|
|
|||||||
Chemicals2.0% | ||||||||
AdvanSix, Inc. |
9,088 | 291,725 | ||||||
American Vanguard Corp. (b) |
10,391 | 194,312 | ||||||
Amyris, Inc. (a) (b) |
69,091 | 201,746 | ||||||
Aspen Aerogels, Inc. (a) (b) |
10,708 | 98,728 | ||||||
Avient Corp. |
30,374 | 920,332 | ||||||
Balchem Corp. |
10,953 | 1,331,666 | ||||||
Cabot Corp. (b) |
19,005 | 1,214,229 | ||||||
Chase Corp. (b) |
2,546 | 212,769 | ||||||
Danimer Scientific, Inc. (a) (b) |
34,738 | 102,477 | ||||||
Diversey Holdings, Ltd. (a) (b) |
27,745 | 134,841 | ||||||
Ecovyst, Inc. (a) |
26,291 | 221,896 | ||||||
Hawkins, Inc. |
5,920 | 230,821 | ||||||
HB Fuller Co. |
17,873 | 1,074,167 | ||||||
Ingevity Corp. (a) |
13,396 | 812,200 | ||||||
Innospec, Inc. (b) |
8,439 | 722,969 | ||||||
Intrepid Potash, Inc. (a) (b) |
3,574 | 141,423 | ||||||
Koppers Holdings, Inc. |
8,316 | 172,807 | ||||||
Kronos Worldwide, Inc. (b) |
7,992 | 74,645 | ||||||
Livent Corp. (a) (b) |
56,083 | 1,718,944 | ||||||
LSB Industries, Inc. (a) |
10,786 | 153,701 | ||||||
Mativ Holdings, Inc. |
18,543 | 409,429 | ||||||
Minerals Technologies, Inc. (b) |
11,123 | 549,587 | ||||||
Origin Materials, Inc. (a) (b) |
37,920 | 195,667 | ||||||
Orion Engineered Carbons S.A. (b) |
20,927 | 279,375 | ||||||
Perimeter Solutions S.A. (a) |
41,953 | 336,044 | ||||||
PureCycle Technologies, Inc. (a) (b) |
37,119 | 299,550 | ||||||
Quaker Chemical Corp. (b) |
4,562 | $ | 658,662 | |||||
Rayonier Advanced Materials, Inc. (a) (b) |
21,679 | 68,289 | ||||||
Sensient Technologies Corp. |
14,427 | 1,000,368 | ||||||
Stepan Co. |
7,227 | 676,953 | ||||||
Tredegar Corp. (b) |
7,835 | 73,962 | ||||||
Trinseo plc |
12,474 | 228,524 | ||||||
Tronox Holding plc - Class A |
40,316 | 493,871 | ||||||
|
|
|||||||
15,296,679 | ||||||||
|
|
|||||||
Commercial Services & Supplies1.3% | ||||||||
ABM Industries, Inc. |
23,102 | 883,190 | ||||||
ACCO Brands Corp. |
32,264 | 158,094 | ||||||
ACV Auctions, Inc. - Class A (a) (b) |
39,500 | 284,005 | ||||||
Aris Water Solution, Inc.-Class A |
8,028 | 102,437 | ||||||
Brady Corp. - Class A |
16,149 | 673,898 | ||||||
BrightView Holdings, Inc. (a) |
14,394 | 114,288 | ||||||
Brinks Co. (The) |
16,111 | 780,417 | ||||||
Casella Waste Systems, Inc. - Class A (a) (b) |
16,835 | 1,286,026 | ||||||
Cimpress plc (a) |
6,224 | 152,364 | ||||||
CoreCivic, Inc. (a) |
40,696 | 359,753 | ||||||
Deluxe Corp. (b) |
14,396 | 239,693 | ||||||
Ennis, Inc. |
9,011 | 181,391 | ||||||
Geo Group, Inc. (The) (a) (b) |
40,071 | 308,547 | ||||||
Harsco Corp. (a) (b) |
27,344 | 102,267 | ||||||
Healthcare Services Group, Inc. (b) |
27,110 | 327,760 | ||||||
Heritage - Crystal Clean, Inc. (a) |
6,299 | 186,261 | ||||||
HNI Corp. (b) |
15,112 | 400,619 | ||||||
Interface, Inc. |
20,528 | 184,547 | ||||||
KAR Auction Services, Inc. (a) (b) |
41,784 | 466,727 | ||||||
Kimball International, Inc. - Class B (b) |
12,880 | 81,015 | ||||||
Li-Cycle Holdings Corp. (a) (b) |
45,980 | 244,614 | ||||||
Matthews International Corp. - Class A (b) |
11,034 | 247,272 | ||||||
MillerKnoll, Inc. |
25,792 | 402,355 | ||||||
Montrose Environmental Group, Inc. (a) (b) |
9,033 | 303,960 | ||||||
Pitney Bowes, Inc. |
59,766 | 139,255 | ||||||
SP Plus Corp. (a) |
8,026 | 251,374 | ||||||
Steelcase, Inc. - Class A (b) |
30,212 | 196,982 | ||||||
UniFirst Corp. (b) |
5,229 | 879,675 | ||||||
Viad Corp. (a) |
6,618 | 208,996 | ||||||
VSE Corp. |
4,405 | 155,937 | ||||||
|
|
|||||||
10,303,719 | ||||||||
|
|
|||||||
Communications Equipment0.9% | ||||||||
ADTRAN Holdings, Inc. (b) |
23,895 | 467,864 | ||||||
Aviat Networks, Inc. (a) (b) |
3,608 | 98,787 | ||||||
Calix, Inc. (a) |
19,249 | 1,176,884 | ||||||
Cambium Networks Corp. (a) (b) |
4,057 | 68,645 | ||||||
Clearfield, Inc. (a) (b) |
3,951 | 413,433 | ||||||
CommScope Holding Co., Inc. (a) |
69,077 | 636,199 | ||||||
Comtech Telecommunications Corp. (b) |
9,651 | 96,607 | ||||||
Digi International, Inc. (a) |
11,390 | 393,752 | ||||||
DZS, Inc. (a) (b) |
6,096 | 68,885 | ||||||
Extreme Networks, Inc. (a) |
43,045 | 562,598 | ||||||
Harmonic, Inc. (a) (b) |
31,330 | 409,483 | ||||||
Infinera Corp. (a) (b) |
62,963 | 304,741 | ||||||
Inseego Corp. (a) (b) |
30,829 | 63,816 |
BHFTII-193
Table of Contents
Brighthouse Funds Trust II
MetLife Russell 2000 Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Communications Equipment(Continued) | ||||||||
NETGEAR, Inc. (a) |
10,251 | $ | 205,430 | |||||
NetScout Systems, Inc. (a) (b) |
23,746 | 743,725 | ||||||
Ribbon Communications, Inc. (a) |
25,397 | 56,381 | ||||||
Viavi Solutions, Inc. (a) (b) |
77,528 | 1,011,740 | ||||||
|
|
|||||||
6,778,970 | ||||||||
|
|
|||||||
Construction & Engineering1.4% | ||||||||
Ameresco, Inc. - Class A (a) (b) |
10,710 | 712,001 | ||||||
API Group Corp. (a) (b) |
71,074 | 943,152 | ||||||
Arcosa, Inc. |
16,643 | 951,647 | ||||||
Argan, Inc. |
4,530 | 145,730 | ||||||
Comfort Systems USA, Inc. |
12,193 | 1,186,745 | ||||||
Construction Partners, Inc. - Class A (a) |
13,715 | 359,744 | ||||||
Dycom Industries, Inc. (a) |
9,730 | 929,507 | ||||||
EMCOR Group, Inc. |
16,742 | 1,933,366 | ||||||
Fluor Corp. (a) (b) |
49,349 | 1,228,297 | ||||||
Granite Construction, Inc. (b) |
14,748 | 374,452 | ||||||
Great Lakes Dredge & Dock Corp. (a) |
22,694 | 172,021 | ||||||
IES Holdings, Inc. (a) |
3,768 | 104,072 | ||||||
Infrastructure and Energy Alternatives, Inc. (a) |
9,694 | 131,257 | ||||||
MYR Group, Inc. (a) |
5,521 | 467,794 | ||||||
Northwest Pipe Co. (a) |
3,497 | 98,266 | ||||||
NV5 Global, Inc. (a) (b) |
4,636 | 574,029 | ||||||
Primoris Services Corp. |
18,341 | 298,041 | ||||||
Sterling Construction Co., Inc. (a) |
10,373 | 222,708 | ||||||
Tutor Perini Corp. (a) |
14,544 | 80,283 | ||||||
|
|
|||||||
10,913,112 | ||||||||
|
|
|||||||
Construction Materials0.1% | ||||||||
Summit Materials, Inc. - Class A (a) |
40,690 | 974,932 | ||||||
United States Lime & Minerals, Inc. |
743 | 75,935 | ||||||
|
|
|||||||
1,050,867 | ||||||||
|
|
|||||||
Consumer Finance0.7% | ||||||||
Bread Financial Holdings, Inc. |
16,854 | 530,058 | ||||||
Encore Capital Group, Inc. (a) (b) |
8,441 | 383,897 | ||||||
Enova International, Inc. (a) |
10,760 | 314,945 | ||||||
EZCORP, Inc. - Class A (a) (b) |
17,468 | 134,678 | ||||||
FirstCash Holdings, Inc. |
13,292 | 974,968 | ||||||
Green Dot Corp. - Class A (a) |
15,976 | 303,224 | ||||||
LendingClub Corp. (a) |
34,752 | 384,010 | ||||||
LendingTree, Inc. (a) |
4,341 | 103,576 | ||||||
Navient Corp. |
39,124 | 574,731 | ||||||
Nelnet, Inc. - Class A (b) |
5,036 | 398,801 | ||||||
NerdWallet, Inc. - Class A (a) (b) |
9,795 | 86,882 | ||||||
PRA Group, Inc. (a) |
12,838 | 421,857 | ||||||
PROG Holdings, Inc. (a) |
16,086 | 240,968 | ||||||
Regional Management Corp. |
3,196 | 89,616 | ||||||
World Acceptance Corp. (a) (b) |
1,519 | 147,070 | ||||||
|
|
|||||||
5,089,281 | ||||||||
|
|
|||||||
Containers & Packaging0.3% | ||||||||
Greif, Inc. - Class A |
8,697 | 518,080 | ||||||
Greif, Inc. - Class B (b) |
1,893 | 115,095 | ||||||
Myers Industries, Inc. |
13,639 | 224,634 | ||||||
O-I Glass, Inc. (a) (b) |
53,616 | 694,327 | ||||||
Pactiv Evergreen, Inc. |
17,273 | 150,793 | ||||||
Ranpak Holdings, Corp. (a) |
12,914 | 44,166 | ||||||
TriMas Corp. (b) |
15,686 | 393,248 | ||||||
|
|
|||||||
2,140,343 | ||||||||
|
|
|||||||
Distributors0.0% | ||||||||
Funko, Inc. - Class A (a) (b) |
9,888 | 199,935 | ||||||
|
|
|||||||
Diversified Consumer Services0.9% | ||||||||
2U, Inc. (a) (b) |
25,600 | 160,000 | ||||||
Adtalem Global Education, Inc. (a) |
14,779 | 538,694 | ||||||
Carriage Services, Inc. |
4,082 | 131,277 | ||||||
Chegg, Inc. (a) |
41,897 | 882,770 | ||||||
Coursera, Inc. (a) |
38,580 | 415,892 | ||||||
Duolingo, Inc. (a) |
8,017 | 763,459 | ||||||
European Wax Center, Inc.-Class A (b) |
7,677 | 141,641 | ||||||
Frontdoor, Inc. (a) (b) |
27,922 | 569,330 | ||||||
Graham Holdings Co. - Class B |
1,262 | 678,931 | ||||||
Laureate Education, Inc. - Class A |
38,323 | 404,308 | ||||||
OneSpaWorld Holdings, Ltd. (a) (b) |
23,346 | 196,106 | ||||||
Perdoceo Education Corp. (a) |
23,695 | 244,058 | ||||||
PowerSchool Holdings, Inc. - Class A (a) (b) |
15,984 | 266,773 | ||||||
Rover Group, Inc. (a) (b) |
34,168 | 114,121 | ||||||
Strategic Education, Inc. (b) |
7,768 | 477,033 | ||||||
Stride, Inc. (a) (b) |
13,534 | 568,834 | ||||||
Udemy, Inc. (a) (b) |
25,246 | 305,224 | ||||||
Universal Technical Institute, Inc. (a) (b) |
11,334 | 61,657 | ||||||
Vivint Smart Home, Inc. (a) |
32,315 | 212,633 | ||||||
WW International, Inc. (a) (b) |
18,914 | 74,332 | ||||||
|
|
|||||||
7,207,073 | ||||||||
|
|
|||||||
Diversified Financial Services0.3% | ||||||||
A-Mark Precious Metals, Inc. (b) |
6,654 | 188,907 | ||||||
Alerus Financial Corp. (b) |
4,862 | 107,450 | ||||||
Banco Latinoamericano de Comercio Exterior S.A.-Class E (b) |
9,691 | 126,565 | ||||||
Cannae Holdings, Inc. (a) |
25,390 | 524,557 | ||||||
Compass Diversified Holdings |
20,864 | 376,804 | ||||||
Jackson Financial, Inc.-Class A (b) |
28,259 | 784,187 | ||||||
|
|
|||||||
2,108,470 | ||||||||
|
|
|||||||
Diversified Telecommunication Services0.6% | ||||||||
Anterix, Inc. (a) (b) |
6,356 | 227,036 | ||||||
ATN International, Inc. (b) |
3,399 | 131,099 | ||||||
Bandwidth, Inc. - Class A (a) (b) |
8,108 | 96,485 | ||||||
Charge Enterprises, Inc., (a) |
71,834 | 126,428 | ||||||
Cogent Communications Holdings, Inc. |
14,461 | 754,286 | ||||||
Consolidated Communications Holdings, Inc. (a) (b) |
25,205 | 104,853 | ||||||
EchoStar Corp. - Class A (a) (b) |
11,847 | 195,120 | ||||||
Globalstar, Inc. (a) (b) |
231,049 | 367,368 | ||||||
IDT Corp. - Class B (a) |
5,006 | 124,299 | ||||||
Iridium Communications, Inc. (a) |
43,752 | 1,941,276 | ||||||
Liberty Latin America, Ltd.-Class A (a) |
14,620 | 90,498 | ||||||
Liberty Latin America, Ltd.-Class C (a) |
52,977 | 325,808 | ||||||
Ooma, Inc. (a) |
8,609 | 105,891 |
BHFTII-194
Table of Contents
Brighthouse Funds Trust II
MetLife Russell 2000 Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Diversified Telecommunication Services(Continued) | ||||||||
Radius Global Infrastructure, Inc. - Class A (a) (b) |
26,242 | $ | 247,200 | |||||
|
|
|||||||
4,837,647 | ||||||||
|
|
|||||||
Entertainment0.0% | ||||||||
Skillz, Inc. (a) (b) |
110,722 | 112,936 | ||||||
|
|
|||||||
Electric Utilities0.7% | ||||||||
ALLETE, Inc. |
20,381 | 1,020,069 | ||||||
MGE Energy, Inc. |
12,519 | 821,622 | ||||||
Otter Tail Corp. |
14,134 | 869,524 | ||||||
PNM Resources, Inc. |
29,366 | 1,342,907 | ||||||
Portland General Electric Co. |
30,482 | 1,324,748 | ||||||
|
|
|||||||
5,378,870 | ||||||||
|
|
|||||||
Electrical Equipment1.3% | ||||||||
Allied Motion Technologies, Inc. |
4,130 | 118,201 | ||||||
Array Technologies, Inc. (a) (b) |
51,455 | 853,124 | ||||||
Atkore, Inc. (a) |
13,955 | 1,085,838 | ||||||
AZZ, Inc. |
8,063 | 294,380 | ||||||
Babcock & Wilcox Enterprises, Inc. (a) (b) |
20,291 | 129,457 | ||||||
Blink Charging Co. (a) (b) |
13,174 | 233,443 | ||||||
Bloom Energy Corp. - Class A (a) (b) |
59,198 | 1,183,368 | ||||||
Encore Wire Corp. (b) |
6,546 | 756,325 | ||||||
Energy Vault Holdings, Inc. (a) |
25,378 | 133,996 | ||||||
EnerSys |
14,034 | 816,358 | ||||||
Enovix Corp. (a) (b) |
37,602 | 689,433 | ||||||
ESS Tech, Inc. (a) (b) |
30,151 | 123,318 | ||||||
Fluence Energy, Inc. (a) (b) |
13,273 | 193,653 | ||||||
FuelCell Energy, Inc. (a) |
127,052 | 433,247 | ||||||
GrafTech International, Ltd. |
67,825 | 292,326 | ||||||
Heliogen, Inc. (a) (b) |
38,430 | 71,480 | ||||||
NuScale Power Corp. (a) (b) |
11,890 | 138,875 | ||||||
Powell Industries, Inc. |
3,142 | 66,233 | ||||||
Preformed Line Products Co. |
876 | 62,327 | ||||||
Shoals Technologies Group, Inc. - Class A (a) (b) |
38,898 | 838,252 | ||||||
Stem, Inc. (a) (b) |
49,764 | 663,852 | ||||||
Thermon Group Holdings, Inc. (a) |
11,598 | 178,725 | ||||||
TPI Composites, Inc. (a) |
11,883 | 134,040 | ||||||
Vicor Corp. (a) (b) |
7,241 | 428,233 | ||||||
|
|
|||||||
9,918,484 | ||||||||
|
|
|||||||
Electronic Equipment, Instruments & Components2.2% | ||||||||
908 Devices, Inc. (a) (b) |
7,715 | 126,912 | ||||||
Advanced Energy Industries, Inc. |
12,905 | 998,976 | ||||||
Aeva Technologies, Inc. (a) (b) |
37,007 | 69,203 | ||||||
Akoustis Technologies, Inc. (a) (b) |
17,894 | 53,145 | ||||||
Arlo Technologies, Inc. (a) |
29,447 | 136,634 | ||||||
Badger Meter, Inc. (b) |
10,136 | 936,465 | ||||||
Belden, Inc. |
14,345 | 860,987 | ||||||
Benchmark Electronics, Inc. |
12,513 | 310,072 | ||||||
CTS Corp. (b) |
10,302 | 429,078 | ||||||
ePlus, Inc. (a) (b) |
9,873 | 410,124 | ||||||
Evolv Technologies Holdings, Inc. (a) |
31,710 | 67,225 | ||||||
Fabrinet (a) |
12,442 | 1,187,589 | ||||||
FARO Technologies, Inc. (a) |
6,602 | 181,159 | ||||||
Identiv, Inc. (a) (b) |
7,717 | 96,771 | ||||||
Insight Enterprises, Inc. (a) (b) (e) |
10,555 | 869,838 | ||||||
Itron, Inc. (a) (b) |
15,613 | 657,463 | ||||||
Kimball Electronics, Inc. (a) |
9,543 | 163,663 | ||||||
Knowles Corp. (a) |
30,951 | 376,674 | ||||||
Lightwave Logic, Inc. (a) (b) |
39,253 | 288,117 | ||||||
Methode Electronics, Inc. (b) |
12,930 | 480,350 | ||||||
MicroVision, Inc. (a) (b) |
57,204 | 206,506 | ||||||
Mirion Technologies, Inc. (a) (b) |
47,819 | 357,208 | ||||||
Napco Security Technologies, Inc. (a) (b) |
11,304 | 328,720 | ||||||
nLight, Inc. (a) (b) |
14,866 | 140,484 | ||||||
Novanta, Inc. (a) (b) |
12,200 | 1,410,930 | ||||||
OSI Systems, Inc. (a) |
5,771 | 415,858 | ||||||
PAR Technology Corp. (a) (b) |
10,078 | 297,603 | ||||||
PC Connection, Inc. |
3,547 | 159,934 | ||||||
Plexus Corp. (a) (e) |
9,599 | 840,489 | ||||||
Rogers Corp. (a) |
6,411 | 1,550,693 | ||||||
Sanmina Corp. (a) |
19,251 | 887,086 | ||||||
ScanSource, Inc. (a) |
8,101 | 213,947 | ||||||
SmartRent, Inc. (a) (b) |
42,315 | 96,055 | ||||||
TTM Technologies, Inc. (a) |
35,927 | 473,518 | ||||||
Velodyne Lidar, Inc. (a) (b) |
78,964 | 74,787 | ||||||
Vishay Intertechnology, Inc. |
45,367 | 807,079 | ||||||
Vishay Precision Group, Inc. (a) (b) |
5,267 | 155,851 | ||||||
|
|
|||||||
17,117,193 | ||||||||
|
|
|||||||
Energy Equipment & Services1.6% | ||||||||
Archrock, Inc. (b) |
49,321 | 316,641 | ||||||
Borr Drilling, Ltd. (a) |
70,507 | 234,083 | ||||||
Bristow Group, Inc. (a) (b) |
8,308 | 195,155 | ||||||
Cactus, Inc. - Class A |
21,398 | 822,325 | ||||||
ChampionX Corp. |
70,110 | 1,372,053 | ||||||
Diamond Offshore Drilling, Inc. (a) (b) |
35,307 | 234,085 | ||||||
DMC Global, Inc. (a) |
6,765 | 108,105 | ||||||
Dril - Quip, Inc. (a) (b) |
11,785 | 230,043 | ||||||
Expro Group Holdings NV (a) (b) |
26,194 | 333,712 | ||||||
Helix Energy Solutions Group, Inc. (a) |
48,941 | 188,912 | ||||||
Helmerich & Payne, Inc. (b) |
35,014 | 1,294,468 | ||||||
Liberty Oilfield Services, Inc. (a) |
48,056 | 609,350 | ||||||
Nabors Industries, Ltd. (a) |
3,057 | 310,133 | ||||||
National Energy Services Reunited Corp. (a) (b) |
11,331 | 67,306 | ||||||
Newpark Resources, Inc. (a) |
32,358 | 81,542 | ||||||
NexTier Oilfield Solutions, Inc. (a) |
59,146 | 437,680 | ||||||
Noble Corp. plc (a) (b) |
25,731 | 761,123 | ||||||
Oceaneering International, Inc. (a) |
35,840 | 285,286 | ||||||
Oil States International, Inc. (a) |
24,658 | 95,920 | ||||||
Patterson - UTI Energy, Inc. (b) |
72,095 | 842,070 | ||||||
ProFrac Holding Corp. - Class A (a) |
5,544 | 84,324 | ||||||
ProPetro Holding Corp. (a) (b) |
29,421 | 236,839 | ||||||
RPC, Inc. (b) |
26,045 | 180,492 | ||||||
Select Energy Services, Inc. - Class A (a) |
22,065 | 153,793 | ||||||
Solaris Oilfield Infrastructure, Inc. - Class A (b) |
10,753 | 100,648 | ||||||
TETRA Technologies, Inc. (a) |
42,286 | 151,807 | ||||||
Tidewater, Inc. (a) |
13,616 | 295,467 | ||||||
U.S. Silica Holdings, Inc. (a) |
25,504 | 279,269 |
BHFTII-195
Table of Contents
Brighthouse Funds Trust II
MetLife Russell 2000 Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Energy Equipment & Services(Continued) | ||||||||
Valaris, Ltd. (a) (b) |
21,110 | $ | 1,033,123 | |||||
Weatherford International plc (a) |
23,800 | 768,502 | ||||||
|
|
|||||||
12,104,256 | ||||||||
|
|
|||||||
Entertainment0.3% | ||||||||
Cinemark Holdings, Inc. (a) (b) |
37,384 | 452,720 | ||||||
IMAX Corp. (a) |
18,129 | 255,981 | ||||||
Liberty Media Corp. Liberty Braves - Class A (a) |
3,713 | 104,521 | ||||||
Liberty Media Corp.- Liberty Braves - Class C (a) |
12,842 | 353,155 | ||||||
Lions Gate Entertainment Corp. - Class A (a) (b) |
20,369 | 151,342 | ||||||
Lions Gate Entertainment Corp. - Class B (a) (b) |
40,428 | 280,975 | ||||||
Madison Square Garden Entertainment Corp. (a) (b) |
9,098 | 401,131 | ||||||
Marcus Corp. (The) (b) |
8,228 | 114,287 | ||||||
Playstudios, Inc. (a) |
28,794 | 100,491 | ||||||
|
|
|||||||
2,214,603 | ||||||||
|
|
|||||||
Equity Real Estate Investment Trusts5.6% | ||||||||
Acadia Realty Trust |
34,155 | 431,036 | ||||||
Agree Realty Corp. (b) |
27,026 | 1,826,417 | ||||||
Alexander & Baldwin, Inc. |
23,869 | 395,748 | ||||||
Alexanders, Inc. (b) |
759 | 158,601 | ||||||
American Assets Trust, Inc. |
17,223 | 442,976 | ||||||
Apartment Investment & Management Co. - Class A (b) |
50,611 | 369,460 | ||||||
Apple Hospitality REIT, Inc. |
73,539 | 1,033,958 | ||||||
Armada Hoffler Properties, Inc. |
25,790 | 267,700 | ||||||
Ashford Hospitality Trust, Inc. (a) |
11,954 | 81,407 | ||||||
Bluerock Residential Growth REIT, Inc. (b) |
9,704 | 259,582 | ||||||
Braemar Hotels & Resorts, Inc. (b) |
19,907 | 85,600 | ||||||
Brandywine Realty Trust (b) |
58,592 | 395,496 | ||||||
Broadstone Net Lease, Inc. (b) |
60,343 | 937,127 | ||||||
BRT Apartments Corp. |
3,996 | 81,159 | ||||||
CareTrust REIT, Inc. |
33,166 | 600,636 | ||||||
CBL & Associates Properties, Inc. (b) |
9,399 | 240,708 | ||||||
Centerspace |
5,179 | 348,650 | ||||||
Chatham Lodging Trust (a) |
16,628 | 164,118 | ||||||
City Office REIT, Inc. |
15,043 | 149,979 | ||||||
Community Healthcare Trust, Inc. (b) |
8,030 | 262,983 | ||||||
Corporate Office Properties Trust (b) |
37,541 | 872,077 | ||||||
CTO Realty Growth, Inc. |
6,327 | 118,568 | ||||||
DiamondRock Hospitality Co. |
71,359 | 535,906 | ||||||
Diversified Healthcare Trust |
83,525 | 82,698 | ||||||
Easterly Government Properties, Inc. (b) |
30,700 | 484,139 | ||||||
Empire State Realty Trust, Inc. - Class A (b) |
46,655 | 306,057 | ||||||
Equity Commonwealth |
37,069 | 903,001 | ||||||
Essential Properties Realty Trust, Inc. |
48,222 | 937,918 | ||||||
Farmland Partners, Inc. (b) |
15,523 | 196,676 | ||||||
Four Corners Property Trust, Inc. (b) |
27,333 | 661,185 | ||||||
Franklin Street Properties Corp. (b) |
34,813 | 91,558 | ||||||
Getty Realty Corp. |
14,042 | 377,589 | ||||||
Gladstone Commercial Corp. (b) |
12,023 | 186,357 | ||||||
Gladstone Land Corp. (b) |
10,827 | 195,969 | ||||||
Global Medical REIT, Inc. |
21,232 | 180,897 | ||||||
Global Net Lease, Inc. (b) |
34,451 | 366,903 | ||||||
Hersha Hospitality Trust |
10,786 | 86,072 | ||||||
Independence Realty Trust, Inc. |
75,182 | 1,257,795 | ||||||
Indus Realty Trust, Inc. (b) |
1,581 | 82,797 | ||||||
Industrial Logistics Properties Trust |
23,274 | 128,007 | ||||||
Innovative Industrial Properties, Inc. |
9,335 | 826,147 | ||||||
InvenTrust Properties Corp. (b) |
23,184 | 494,515 | ||||||
iStar, Inc. (b) |
22,956 | 212,573 | ||||||
Kite Realty Group Trust (b) |
74,930 | 1,290,295 | ||||||
LTC Properties, Inc. (b) |
13,090 | 490,220 | ||||||
LXP Industrial Trust (b) |
97,379 | 891,992 | ||||||
Macerich Co. (The) |
74,230 | 589,386 | ||||||
National Health Investors, Inc. (b) |
15,012 | 848,628 | ||||||
Necessity Retail REIT, Inc. (The) (b) |
45,141 | 265,429 | ||||||
NETSTREIT Corp. (b) |
21,004 | 374,081 | ||||||
NexPoint Residential Trust, Inc. |
7,849 | 362,702 | ||||||
Office Properties Income Trust |
16,817 | 236,279 | ||||||
One Liberty Properties, Inc. (b) |
6,483 | 136,273 | ||||||
Orion Office REIT, Inc. (b) |
20,172 | 176,505 | ||||||
Outfront Media, Inc. |
49,314 | 749,080 | ||||||
Paramount Group, Inc. |
62,911 | 391,936 | ||||||
Pebblebrook Hotel Trust (b) |
43,364 | 629,212 | ||||||
Phillips Edison & Co., Inc. |
40,572 | 1,138,045 | ||||||
Physicians Realty Trust (b) |
75,365 | 1,133,490 | ||||||
Piedmont Office Realty Trust, Inc. - Class A |
41,047 | 433,456 | ||||||
Plymouth Industrial REIT, Inc. |
12,764 | 214,563 | ||||||
Postal Realty Trust, Inc. - Class A (b) |
5,867 | 86,069 | ||||||
PotlatchDeltic Corp. |
28,120 | 1,154,045 | ||||||
Retail Opportunity Investments Corp. |
41,820 | 575,443 | ||||||
RLJ Lodging Trust |
56,512 | 571,901 | ||||||
RPT Realty |
28,918 | 218,620 | ||||||
Ryman Hospitality Properties, Inc. |
18,168 | 1,336,983 | ||||||
Sabra Health Care REIT, Inc. |
79,418 | 1,041,964 | ||||||
Safehold, Inc. (b) |
7,154 | 189,295 | ||||||
Saul Centers, Inc. |
3,884 | 145,650 | ||||||
Seritage Growth Properties - Class A (a) (b) |
12,941 | 116,728 | ||||||
Service Properties Trust |
56,895 | 295,285 | ||||||
SITE Centers Corp. |
65,501 | 701,516 | ||||||
STAG Industrial, Inc. |
62,005 | 1,762,802 | ||||||
Summit Hotel Properties, Inc. (b) |
35,542 | 238,842 | ||||||
Sunstone Hotel Investors, Inc. (b) |
74,088 | 697,909 | ||||||
Tanger Factory Outlet Centers, Inc. |
34,992 | 478,691 | ||||||
Terreno Realty Corp. |
25,258 | 1,338,421 | ||||||
UMH Properties, Inc. (b) |
16,743 | 270,399 | ||||||
Uniti Group, Inc. (b) |
79,821 | 554,756 | ||||||
Universal Health Realty Income Trust (b) |
4,263 | 184,204 | ||||||
Urban Edge Properties |
39,794 | 530,852 | ||||||
Urstadt Biddle Properties, Inc. - Class A |
11,225 | 174,100 | ||||||
Veris Residential, Inc. (a) |
30,231 | 343,726 | ||||||
Washington Real Estate Investment Trust |
30,151 | 529,452 | ||||||
Whitestone REIT (b) |
15,859 | 134,167 | ||||||
Xenia Hotels & Resorts, Inc. |
37,927 | 523,013 | ||||||
|
|
|||||||
42,665,150 | ||||||||
|
|
|||||||
Food & Staples Retailing0.6% | ||||||||
Andersons, Inc. (The) |
11,198 | 347,474 | ||||||
Chefs Warehouse, Inc. (The) (a) |
11,522 | 333,792 | ||||||
Ingles Markets, Inc. - Class A |
4,911 | 389,000 | ||||||
PriceSmart, Inc. |
8,994 | 517,964 | ||||||
Rite Aid Corp. (a) (b) |
17,917 | 88,689 |
BHFTII-196
Table of Contents
Brighthouse Funds Trust II
MetLife Russell 2000 Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Food & Staples Retailing(Continued) | ||||||||
SpartanNash Co. |
12,524 | $ | 363,447 | |||||
Sprouts Farmers Market, Inc. (a) (b) |
37,829 | 1,049,755 | ||||||
United Natural Foods, Inc. (a) (b) |
20,059 | 689,428 | ||||||
Weis Markets, Inc. (b) |
5,704 | 406,353 | ||||||
|
|
|||||||
4,185,902 | ||||||||
|
|
|||||||
Food Products1.2% | ||||||||
Alico, Inc. |
2,158 | 60,942 | ||||||
B&G Foods, Inc. (b) |
23,543 | 388,224 | ||||||
Benson Hill, Inc. (a) |
61,176 | 167,622 | ||||||
Beyond Meat, Inc. (a) (b) |
20,671 | 292,908 | ||||||
BRC, Inc. (a) |
10,280 | 79,464 | ||||||
Cal - Maine Foods, Inc. |
12,683 | 705,048 | ||||||
Calavo Growers, Inc. (b) |
5,820 | 184,785 | ||||||
Fresh Del Monte Produce, Inc. |
10,641 | 247,297 | ||||||
Hain Celestial Group, Inc. (The) (a) |
25,307 | 427,182 | ||||||
Hostess Brands, Inc. (a) (b) |
47,613 | 1,106,526 | ||||||
J & J Snack Foods Corp. (b) |
5,253 | 680,106 | ||||||
John B Sanfilippo & Son, Inc. (b) |
2,849 | 215,755 | ||||||
Lancaster Colony Corp. |
6,596 | 991,247 | ||||||
Landec Corp. (a) |
9,681 | 86,064 | ||||||
Mission Produce, Inc. (a) (b) |
15,099 | 218,332 | ||||||
Seneca Foods Corp. - Class A (a) (b) |
2,395 | 120,804 | ||||||
Simply Good Foods Co. (The) (a) |
32,153 | 1,028,575 | ||||||
Sovos Brands, Inc. (a) |
14,185 | 201,994 | ||||||
SunOpta, Inc. (a) |
34,321 | 312,321 | ||||||
Tattooed Chef, Inc. (a) (b) |
18,663 | 92,942 | ||||||
Tootsie Roll Industries, Inc. (b) |
6,495 | 216,154 | ||||||
TreeHouse Foods, Inc. (a) (b) |
17,110 | 725,806 | ||||||
UTZ Brands, Inc. (b) |
22,721 | 343,087 | ||||||
Vital Farms, Inc. (a) (b) |
9,557 | 114,397 | ||||||
|
|
|||||||
9,007,582 | ||||||||
|
|
|||||||
Gas Utilities1.2% | ||||||||
Brookfield Infrastructure Corp. - Class A (b) |
33,651 | 1,369,596 | ||||||
Chesapeake Utilities Corp. |
5,971 | 688,994 | ||||||
New Jersey Resources Corp. (b) |
33,080 | 1,280,196 | ||||||
Northwest Natural Holding Co. |
11,482 | 498,089 | ||||||
ONE Gas, Inc. |
18,476 | 1,300,525 | ||||||
South Jersey Industries, Inc. (b) |
43,181 | 1,443,109 | ||||||
Southwest Gas Holdings, Inc. |
22,576 | 1,574,676 | ||||||
Spire, Inc. (b) |
17,502 | 1,090,900 | ||||||
|
|
|||||||
9,246,085 | ||||||||
|
|
|||||||
Health Care Equipment & Supplies4.1% | ||||||||
Alphatec Holdings, Inc. (a) (b) |
25,663 | 224,295 | ||||||
AngioDynamics, Inc. (a) |
12,161 | 248,814 | ||||||
Artivion, Inc. (a) (b) |
12,730 | 176,183 | ||||||
AtriCure, Inc. (a) |
15,592 | 609,647 | ||||||
Atrion Corp. |
495 | 279,675 | ||||||
Avanos Medical, Inc. (a) |
15,903 | 346,367 | ||||||
AxoGen, Inc. (a) |
14,840 | 176,893 | ||||||
Axonics, Inc. (a) |
16,781 | 1,182,054 | ||||||
BioLife Solutions, Inc. (a) (b) |
11,463 | 260,783 | ||||||
Bioventus, Inc. - Class A (a) (b) |
12,058 | 84,406 | ||||||
Butterfly Network, Inc. (a) (b) |
47,336 | 222,479 | ||||||
Cardiovascular Systems, Inc. (a) |
13,837 | 191,781 | ||||||
Cerus Corp. (a) |
59,712 | 214,963 | ||||||
CONMED Corp. (b) |
9,867 | 791,037 | ||||||
Cue Health, Inc. (a) |
38,907 | 117,110 | ||||||
Cutera, Inc. (a) (b) |
5,219 | 237,986 | ||||||
Embecta Corp. (b) |
19,687 | 566,789 | ||||||
Figs, Inc. - Class A (a) (b) |
44,317 | 365,615 | ||||||
Glaukos Corp. (a) |
16,191 | 862,009 | ||||||
Haemonetics Corp. (a) |
17,072 | 1,263,840 | ||||||
Heska Corp. (a) (b) |
3,474 | 253,324 | ||||||
Inari Medical, Inc. (a) (b) |
17,097 | 1,241,926 | ||||||
Inogen, Inc. (a) (b) |
7,987 | 193,924 | ||||||
Inspire Medical Systems, Inc. (a) |
9,661 | 1,713,572 | ||||||
Integer Holdings Corp. (a) |
11,577 | 720,437 | ||||||
iRadimed Corp. (b) |
2,491 | 74,879 | ||||||
iRhythm Technologies, Inc. (a) |
10,474 | 1,312,183 | ||||||
Lantheus Holdings, Inc. (a) |
23,157 | 1,628,632 | ||||||
LeMaitre Vascular, Inc. (b) |
6,277 | 318,118 | ||||||
LivaNova plc (a) |
18,448 | 936,605 | ||||||
Meridian Bioscience, Inc. (a) |
14,711 | 463,838 | ||||||
Merit Medical Systems, Inc. (a) |
19,225 | 1,086,405 | ||||||
Mesa Laboratories, Inc. |
1,730 | 243,636 | ||||||
Nano - X Imaging, Ltd. (a) (b) |
15,150 | 173,771 | ||||||
Neogen Corp. (a) |
38,846 | 542,679 | ||||||
Nevro Corp. (a) (b) |
12,102 | 563,953 | ||||||
NuVasive, Inc. (a) (e) |
18,016 | 789,281 | ||||||
Omnicell, Inc. (a) |
14,912 | 1,297,791 | ||||||
OraSure Technologies, Inc. (a) |
28,635 | 108,527 | ||||||
Orthofix Medical, Inc. (a) |
7,567 | 144,605 | ||||||
OrthoPediatrics Corp. (a) (b) |
5,617 | 259,168 | ||||||
Outset Medical, Inc. (a) (b) |
16,994 | 270,714 | ||||||
Paragon 28, Inc. (a) (b) |
16,207 | 288,809 | ||||||
PROCEPT BioRobotics Corp. (a) (b) |
8,922 | 369,906 | ||||||
Pulmonx Corp. (a) |
12,235 | 203,835 | ||||||
RxSight, Inc. (a) |
7,831 | 93,972 | ||||||
SeaSpine Holdings Corp. (a) |
10,839 | 61,566 | ||||||
Senseonics Holdings, Inc. (a) (b) |
156,059 | 205,998 | ||||||
Shockwave Medical, Inc. (a) |
12,226 | 3,399,684 | ||||||
SI - BONE, Inc. (a) (b) |
12,210 | 213,187 | ||||||
Silk Road Medical, Inc. (a) (b) |
11,451 | 515,295 | ||||||
STAAR Surgical Co. (a) (b) |
16,470 | 1,161,959 | ||||||
SurModics, Inc. (a) |
4,747 | 144,309 | ||||||
TransMedics Group, Inc. (a) |
10,461 | 436,642 | ||||||
Treace Medical Concepts, Inc. (a) (b) |
12,249 | 270,335 | ||||||
UFP Technologies, Inc. (a) (b) |
2,153 | 184,814 | ||||||
Utah Medical Products, Inc. |
1,293 | 110,306 | ||||||
Varex Imaging Corp. (a) (b) |
12,322 | 260,487 | ||||||
Vicarious Surgical, Inc. (a) (b) |
21,483 | 71,968 | ||||||
ViewRay, Inc. (a) (b) |
51,713 | 188,235 | ||||||
Zimvie, Inc. (a) |
7,676 | 75,762 | ||||||
Zynex, Inc. (b) |
7,718 | 70,002 | ||||||
|
|
|||||||
31,087,765 | ||||||||
|
|
|||||||
Health Care Providers & Services3.1% | ||||||||
1Life Healthcare, Inc. (a) |
60,750 | 1,041,862 | ||||||
23andMe Holding Co. - Class A (a) (b) |
93,214 | 266,592 |
BHFTII-197
Table of Contents
Brighthouse Funds Trust II
MetLife Russell 2000 Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Health Care Providers & Services(Continued) | ||||||||
Accolade, Inc. (a) (b) |
22,370 | $ | 255,465 | |||||
AdaptHealth Corp. (a) (b) |
24,358 | 457,443 | ||||||
Addus HomeCare Corp. (a) |
5,248 | 499,820 | ||||||
Agiliti, Inc. (a) (b) |
9,835 | 140,739 | ||||||
Alignment Healthcare, Inc. (a) |
29,558 | 349,967 | ||||||
AMN Healthcare Services, Inc. (a) |
14,749 | 1,562,804 | ||||||
Apollo Medical Holdings, Inc. (a) (b) |
13,155 | 513,045 | ||||||
Brookdale Senior Living, Inc. (a) (b) |
64,379 | 274,898 | ||||||
Cano Health, Inc. (a) (b) |
56,825 | 492,673 | ||||||
CareMax, Inc. (a) (b) |
22,526 | 159,709 | ||||||
Castle Biosciences, Inc. (a) (b) |
7,804 | 203,528 | ||||||
Clover Health Investments Corp. (a) |
133,182 | 226,409 | ||||||
Community Health Systems, Inc. (a) (b) |
45,180 | 97,137 | ||||||
Corvel Corp. (a) |
3,162 | 437,716 | ||||||
Covetrus, Inc. (a) |
36,775 | 767,862 | ||||||
Cross Country Healthcare, Inc. (a) (b) |
12,489 | 354,313 | ||||||
DocGo, Inc. (a) |
28,630 | 284,010 | ||||||
Ensign Group, Inc. (The) |
18,227 | 1,449,046 | ||||||
Fulgent Genetics, Inc. (a) (b) |
7,417 | 282,736 | ||||||
Hanger, Inc. (a) |
14,755 | 276,214 | ||||||
HealthEquity, Inc. (a) |
28,395 | 1,907,292 | ||||||
Hims & Hers Health, Inc. (a) (b) |
43,355 | 241,921 | ||||||
Invitae Corp. (a) (b) |
80,220 | 197,341 | ||||||
Joint Corp. (The) (a) (b) |
5,088 | 79,932 | ||||||
LHC Group, Inc. (a) |
10,249 | 1,677,351 | ||||||
Lifestance Health Group, Inc. (a) (b) |
27,070 | 179,203 | ||||||
ModivCare, Inc. (a) |
4,229 | 421,547 | ||||||
National HealthCare Corp. |
4,199 | 265,965 | ||||||
National Research Corp. (b) |
4,600 | 183,080 | ||||||
Opko Health, Inc. (a) |
139,872 | 264,358 | ||||||
Option Care Health, Inc. (a) |
53,171 | 1,673,291 | ||||||
Owens & Minor, Inc. (b) |
26,335 | 634,674 | ||||||
Patterson Cos., Inc. (b) |
30,828 | 740,489 | ||||||
Pediatrix Medical Group, Inc. (a) (b) |
28,941 | 477,816 | ||||||
Pennant Group Inc. (The) (a) |
11,360 | 118,258 | ||||||
PetIQ, Inc. (a) |
9,493 | 65,502 | ||||||
Privia Health Group, Inc. (a) (b) |
15,278 | 520,369 | ||||||
Progyny, Inc. (a) |
25,175 | 932,986 | ||||||
R1 RCM, Inc. (a) |
51,459 | 953,535 | ||||||
RadNet, Inc. (a) (b) |
16,412 | 333,984 | ||||||
Select Medical Holdings Corp. (b) |
35,092 | 775,533 | ||||||
Surgery Partners, Inc. (a) (b) |
13,390 | 313,326 | ||||||
U.S. Physical Therapy, Inc. |
4,409 | 335,172 | ||||||
|
|
|||||||
23,686,913 | ||||||||
|
|
|||||||
Health Care Technology0.6% | ||||||||
Allscripts Healthcare Solutions, Inc. (a) |
38,376 | 584,466 | ||||||
American Well Corp. - Class A (a) |
79,266 | 284,565 | ||||||
Computer Programs & Systems, Inc. (a) (b) |
5,856 | 163,265 | ||||||
Evolent Health, Inc. - Class A (a) |
29,029 | 1,043,012 | ||||||
Health Catalyst, Inc. (a) (b) |
17,486 | 169,614 | ||||||
HealthStream, Inc. (a) |
9,080 | 193,041 | ||||||
Multiplan Corp. (a) (b) |
137,915 | 394,437 | ||||||
NextGen Healthcare, Inc. (a) (b) |
18,311 | 324,105 | ||||||
OptimizeRx Corp. (a) |
5,787 | 85,763 | ||||||
Phreesia, Inc. (a) |
17,014 | 433,517 | ||||||
Schrodinger, Inc. (a) |
18,164 | 453,737 | ||||||
Sharecare, Inc. (a) |
110,058 | 209,110 | ||||||
Simulations Plus, Inc. |
5,451 | 264,592 | ||||||
|
|
|||||||
4,603,224 | ||||||||
|
|
|||||||
Hotels, Restaurants & Leisure2.3% | ||||||||
Accel Entertainment, Inc. (a) (b) |
19,825 | 154,833 | ||||||
Ballys Corp. (a) (b) |
13,551 | 267,768 | ||||||
BJs Restaurants, Inc. (a) |
9,083 | 216,630 | ||||||
Bloomin Brands, Inc. (b) |
29,104 | 533,476 | ||||||
Bluegreen Vacations Holding Corp. |
5,418 | 89,505 | ||||||
Bowlero Corp. (a) (b) |
14,215 | 174,987 | ||||||
Brinker International, Inc. (a) (b) |
15,862 | 396,233 | ||||||
Century Casinos, Inc. (a) |
9,899 | 64,937 | ||||||
Cheesecake Factory, Inc. (The) (b) |
16,444 | 481,480 | ||||||
Chuys Holdings, Inc. (a) (b) |
5,463 | 126,632 | ||||||
Cracker Barrel Old Country Store, Inc. (b) |
7,995 | 740,177 | ||||||
Dave & Busters Entertainment, Inc. (a) (b) |
14,842 | 460,547 | ||||||
Dennys Corp. (a) |
20,985 | 197,469 | ||||||
Dine Brands Global, Inc. (b) |
5,429 | 345,067 | ||||||
Everi Holdings, Inc. (a) |
31,005 | 502,901 | ||||||
Full House Resorts, Inc. (a) (b) |
11,840 | 66,541 | ||||||
Golden Entertainment, Inc. (a) (b) |
7,102 | 247,789 | ||||||
Hilton Grand Vacations, Inc. (a) |
30,855 | 1,014,821 | ||||||
Inspired Entertainment, Inc. (a) |
7,791 | 68,795 | ||||||
International Game Technology plc (b) |
35,785 | 565,403 | ||||||
Jack in the Box, Inc. (b) |
7,171 | 531,156 | ||||||
Krispy Kreme, Inc. (b) |
24,959 | 287,777 | ||||||
Kura Sushi USA, Inc. - Class A (a) |
1,484 | 109,193 | ||||||
Life Time Group Holdings, Inc. (a) (b) |
15,138 | 147,596 | ||||||
Lindblad Expeditions Holdings, Inc. (a) (b) |
10,934 | 73,914 | ||||||
Monarch Casino & Resort, Inc. (a) |
4,396 | 246,791 | ||||||
NEOGAMES S.A. (a) |
5,231 | 67,480 | ||||||
Noodles & Co. (a) |
14,739 | 69,273 | ||||||
Papa Johns International, Inc. (b) |
11,469 | 802,945 | ||||||
Portillos, Inc. - Class A (a) (b) |
9,053 | 178,254 | ||||||
RCI Hospitality Holdings, Inc. (b) |
2,630 | 171,844 | ||||||
Red Rock Resorts, Inc. - Class A (b) |
16,727 | 573,067 | ||||||
Rush Street Interactive, Inc. (a) (b) |
21,900 | 80,592 | ||||||
Ruths Hospitality Group, Inc. |
12,375 | 208,642 | ||||||
Scientific Games Corp. - Class A (a) |
32,424 | 1,390,341 | ||||||
SeaWorld Entertainment, Inc. (a) |
14,053 | 639,552 | ||||||
Shake Shack, Inc. - Class A (a) (b) |
13,241 | 595,580 | ||||||
Sonder Holdings, Inc. (a) (b) |
73,290 | 121,661 | ||||||
Sweetgreen, Inc. - Class A (a) (b) |
30,832 | 570,392 | ||||||
Target Hospitality Corp. (a) (b) |
10,601 | 133,785 | ||||||
Texas Roadhouse, Inc. |
22,773 | 1,987,172 | ||||||
Vacasa, Inc. - Class A (a) (b) |
42,539 | 130,595 | ||||||
Wingstop, Inc. (b) |
10,306 | 1,292,579 | ||||||
Xponential Fitness, Inc. - Class A (a) (b) |
6,739 | 123,054 | ||||||
|
|
|||||||
17,249,226 | ||||||||
|
|
|||||||
Household Durables1.4% | ||||||||
Beazer Homes USA, Inc. (a) |
10,935 | 105,741 | ||||||
Cavco Industries, Inc. (a) |
3,093 | 636,416 |
BHFTII-198
Table of Contents
Brighthouse Funds Trust II
MetLife Russell 2000 Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Household Durables(Continued) | ||||||||
Century Communities, Inc. (b) |
10,341 | $ | 442,388 | |||||
Dream Finders Homes, Inc. - Class A (a) (b) |
8,135 | 86,231 | ||||||
Ethan Allen Interiors, Inc. (b) |
9,100 | 192,374 | ||||||
GoPro, Inc. - Class A (a) (b) |
45,450 | 224,069 | ||||||
Green Brick Partners, Inc. (a) |
10,016 | 214,142 | ||||||
Helen of Troy, Ltd. (a) (b) |
8,455 | 815,400 | ||||||
Hovnanian Enterprises, Inc. - Class A (a) (b) |
1,923 | 68,651 | ||||||
Installed Building Products, Inc. |
8,305 | 672,622 | ||||||
iRobot Corp. (a) (b) |
8,888 | 500,661 | ||||||
KB Home |
27,244 | 706,164 | ||||||
La - Z - Boy, Inc. |
16,128 | 364,009 | ||||||
LGI Homes, Inc. (a) (b) |
7,501 | 610,356 | ||||||
Lovesac Co. (The) (a) (b) |
4,517 | 92,056 | ||||||
M/I Homes, Inc. (a) |
9,907 | 358,931 | ||||||
MDC Holdings, Inc. (b) |
19,668 | 539,297 | ||||||
Meritage Homes Corp. (a) (e) |
12,250 | 860,808 | ||||||
Skyline Champion Corp. (a) |
18,238 | 964,243 | ||||||
Snap One Holdings Corp. (a) (b) |
5,851 | 59,329 | ||||||
Sonos, Inc. (a) (b) |
43,889 | 610,057 | ||||||
Taylor Morrison Home Corp. (a) |
37,224 | 868,064 | ||||||
TRI Pointe Group, Inc. (a) |
34,643 | 523,456 | ||||||
Tupperware Brands Corp. (a) |
15,525 | 101,689 | ||||||
Universal Electronics, Inc. (a) (b) |
4,412 | 86,784 | ||||||
Vizio Holding Corp. - Class A (a) (b) |
24,137 | 210,957 | ||||||
Vuzix Corp. (a) |
20,366 | 117,919 | ||||||
|
|
|||||||
11,032,814 | ||||||||
|
|
|||||||
Household Products0.3% | ||||||||
Central Garden and Pet Co. (Non - Voting Shares) - Class A (a) |
13,396 | 457,607 | ||||||
Central Garden and Pet Co. (Voting Shares) (a) |
2,845 | 102,534 | ||||||
Energizer Holdings, Inc. (b) |
21,970 | 552,326 | ||||||
WD - 40 Co. (b) |
4,703 | 826,505 | ||||||
|
|
|||||||
1,938,972 | ||||||||
|
|
|||||||
Independent Power and Renewable Electricity Producers 0.5% |
||||||||
Altus Power, Inc. (a) (b) |
15,727 | 173,154 | ||||||
Clearway Energy, Inc. - Class A |
12,687 | 369,192 | ||||||
Clearway Energy, Inc. - Class C |
28,206 | 898,361 | ||||||
Montauk Renewables, Inc. (a) |
22,642 | 394,876 | ||||||
Ormat Technologies, Inc. (b) |
16,098 | 1,387,648 | ||||||
Sunnova Energy International, Inc. (a) (b) |
33,397 | 737,406 | ||||||
|
|
|||||||
3,960,637 | ||||||||
|
|
|||||||
Industrial Conglomerates0.0% | ||||||||
Brookfield Business Corp. - Class A |
9,192 | 203,143 | ||||||
|
|
|||||||
Insurance2.0% | ||||||||
Ambac Financial Group, Inc. (a) |
15,807 | 201,539 | ||||||
American Equity Investment Life Holding Co. |
24,440 | 911,368 | ||||||
AMERISAFE, Inc. |
6,927 | 323,699 | ||||||
Argo Group International Holdings, Ltd. |
10,670 | 205,504 | ||||||
Bright Health Group, Inc. (a) (b) |
64,688 | 67,922 | ||||||
BRP Group, Inc. - Class A (a) |
19,708 | 519,306 | ||||||
CNO Financial Group, Inc. |
38,653 | 694,594 | ||||||
Donegal Group, Inc. - Class A (b) |
5,184 | 69,932 | ||||||
Employers Holdings, Inc. (b) |
9,556 | 329,586 | ||||||
Enstar Group, Ltd. (a) |
3,890 | 659,705 | ||||||
Genworth Financial, Inc. - Class A (a) |
171,388 | 599,858 | ||||||
Goosehead Insurance, Inc. - Class A (a) |
6,359 | 226,635 | ||||||
Greenlight Capital Re, Ltd. - Class A (a) |
9,331 | 69,423 | ||||||
HCI Group, Inc. (b) |
2,458 | 96,354 | ||||||
Hippo Holdings, Inc. (a) (b) |
6,144 | 113,856 | ||||||
Horace Mann Educators Corp. (b) |
13,726 | 484,391 | ||||||
James River Group Holdings, Ltd. (b) |
13,003 | 296,598 | ||||||
Kinsale Capital Group, Inc. |
7,440 | 1,900,325 | ||||||
Lemonade, Inc. (a) (b) |
15,740 | 333,373 | ||||||
MBIA, Inc. (a) (b) |
16,483 | 151,644 | ||||||
Mercury General Corp. |
9,027 | 256,547 | ||||||
National Western Life Group, Inc. - Class A (b) |
725 | 123,830 | ||||||
Oscar Health, Inc. - Class A (a) |
42,279 | 210,972 | ||||||
Palomar Holdings, Inc. (a) |
8,685 | 727,108 | ||||||
ProAssurance Corp. |
19,097 | 372,583 | ||||||
RLI Corp. |
13,426 | 1,374,554 | ||||||
Safety Insurance Group, Inc. (b) |
5,292 | 431,616 | ||||||
Selective Insurance Group, Inc. (b) |
20,516 | 1,670,002 | ||||||
Siriuspoint, Ltd. (a) |
32,360 | 160,182 | ||||||
Stewart Information Services Corp. |
9,296 | 405,677 | ||||||
Tiptree, Inc. - Class A (b) |
8,311 | 89,426 | ||||||
Trupanion, Inc. (a) (b) |
13,928 | 827,741 | ||||||
United Fire Group, Inc. (b) |
7,479 | 214,872 | ||||||
Universal Insurance Holdings, Inc. |
9,488 | 93,457 | ||||||
|
|
|||||||
15,214,179 | ||||||||
|
|
|||||||
Interactive Media & Services0.7% | ||||||||
Bumble, Inc. - Class A (a) (b) |
31,245 | 671,455 | ||||||
Cargurus, Inc. (a) (b) |
35,093 | 497,268 | ||||||
Cars.com, Inc. (a) (b) |
23,858 | 274,367 | ||||||
DHI Group, Inc. (a) |
14,677 | 78,962 | ||||||
Eventbrite, Inc. - Class A (a) (b) |
24,116 | 146,625 | ||||||
FuboTV, Inc. (a) (b) |
64,001 | 227,204 | ||||||
MediaAlpha, Inc. - Class A (a) (b) |
7,846 | 68,652 | ||||||
QuinStreet, Inc. (a) (b) |
18,173 | 190,816 | ||||||
Shutterstock, Inc. |
7,975 | 400,106 | ||||||
Vimeo, Inc. (a) |
49,749 | 198,996 | ||||||
Yelp, Inc. (a) |
23,657 | 802,209 | ||||||
Ziff Davis, Inc. (a) |
16,154 | 1,106,226 | ||||||
ZipRecruiter, Inc. - Class A (a) (b) |
27,562 | 454,773 | ||||||
|
|
|||||||
5,117,659 | ||||||||
|
|
|||||||
Internet & Direct Marketing Retail0.4% | ||||||||
BARK, Inc. (a) (b) |
48,878 | 88,958 | ||||||
CarParts.com, Inc. (a) (b) |
17,448 | 90,206 | ||||||
ContextLogic, Inc. - Class A (a) (b) |
196,925 | 144,523 | ||||||
Groupon, Inc. (a) (b) |
9,992 | 79,536 | ||||||
Liquidity Services, Inc. (a) (b) |
10,346 | 168,226 | ||||||
Overstock.com, Inc. (a) (b) |
15,298 | 372,506 | ||||||
PetMed Express, Inc. (b) |
6,446 | 125,826 | ||||||
Porch Group, Inc. (a) (b) |
33,055 | 74,374 | ||||||
Poshmark, Inc. - Class A (a) |
16,416 | 257,239 | ||||||
Quotient Technology, Inc. (a) (b) |
31,871 | 73,622 |
BHFTII-199
Table of Contents
Brighthouse Funds Trust II
MetLife Russell 2000 Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Internet & Direct Marketing Retail(Continued) | ||||||||
Qurate Retail, Inc. - Series A |
118,429 | $ | 238,042 | |||||
RealReal, Inc. (The) (a) (b) |
29,636 | 44,454 | ||||||
Revolve Group, Inc. (a) (b) |
14,472 | 313,898 | ||||||
RumbleON, Inc. - Class B (a) (b) |
3,693 | 62,486 | ||||||
Stitch Fix, Inc. - Class A (a) |
28,467 | 112,445 | ||||||
Vivid Seats, Inc. - Class A (b) |
9,790 | 74,991 | ||||||
Xometry, Inc. - Class A (a) (b) |
11,657 | 662,001 | ||||||
|
|
|||||||
2,983,333 | ||||||||
|
|
|||||||
IT Services2.0% | ||||||||
AvidXchange Holdings, Inc. (a) |
50,990 | 429,336 | ||||||
BigCommerce Holdings, Inc. (a) |
21,617 | 319,932 | ||||||
BM Technologies, Inc. (a) (b) |
2,086 | 13,955 | ||||||
Brightcove, Inc. (a) |
14,437 | 90,953 | ||||||
Cantaloupe, Inc. (a) (b) |
19,924 | 69,335 | ||||||
Cass Information Systems, Inc. |
3,901 | 135,326 | ||||||
Conduent, Inc. (a) |
58,576 | 195,644 | ||||||
Core Scientific, Inc. (a) (b) |
99,797 | 129,736 | ||||||
CSG Systems International, Inc. |
11,126 | 588,343 | ||||||
DigitalOcean Holdings, Inc. (a) (b) |
24,216 | 875,893 | ||||||
EVERTEC, Inc. |
21,016 | 658,852 | ||||||
Evo Payments, Inc. - Class A (a) |
15,616 | 520,013 | ||||||
ExlService Holdings, Inc. (a) |
11,119 | 1,638,496 | ||||||
Fastly, Inc. - Class A (a) (b) |
37,575 | 344,187 | ||||||
Flywire Corp. (a) |
19,174 | 440,235 | ||||||
Grid Dynamics Holdings, Inc. (a) (b) |
16,405 | 307,266 | ||||||
Hackett Group, Inc. (The) |
9,515 | 168,606 | ||||||
I3 Verticals, Inc. - Class A (a) (b) |
7,082 | 141,852 | ||||||
International Money Express, Inc. (a) |
11,455 | 261,059 | ||||||
Limelight Networks, Inc. (a) |
47,953 | 133,309 | ||||||
Marqeta, Inc. - Class A (a) |
154,088 | 1,097,107 | ||||||
Maximus, Inc. |
21,230 | 1,228,580 | ||||||
MoneyGram International, Inc. (a) (b) |
31,681 | 329,482 | ||||||
Paya Holdings, Inc. (a) (b) |
33,025 | 201,783 | ||||||
Payoneer Global, Inc. (a) |
75,412 | 456,243 | ||||||
Paysafe, Ltd. (a) (b) |
118,557 | 163,609 | ||||||
Perficient, Inc. (a) |
12,144 | 789,603 | ||||||
Rackspace Technology, Inc. (a) (b) |
19,337 | 78,895 | ||||||
Remitly Global, Inc. (a) (b) |
35,087 | 390,167 | ||||||
Repay Holdings Corp. (a) (b) |
30,117 | 212,626 | ||||||
Sabre Corp. (a) (b) |
109,700 | 564,955 | ||||||
SolarWinds Corp. (a) (b) |
16,368 | 126,852 | ||||||
Squarespace, Inc. - Class A (a) |
11,068 | 236,412 | ||||||
StoneCo, Ltd. - Class A (a) (b) |
93,184 | 888,043 | ||||||
TTEC Holdings, Inc. |
6,343 | 281,058 | ||||||
Tucows, Inc. - Class A (a) (b) |
3,376 | 126,296 | ||||||
Unisys Corp. (a) (b) |
23,162 | 174,873 | ||||||
Verra Mobility Corp. (a) |
50,224 | 771,943 | ||||||
15,580,855 | ||||||||
Leisure Products0.4% | ||||||||
Acushnet Holdings Corp. (b) |
12,344 | 536,840 | ||||||
AMMO, Inc. (a) (b) |
33,699 | 98,738 | ||||||
Clarus Corp. (b) |
9,026 | 121,580 | ||||||
Johnson Outdoors, Inc. - Class A |
1,720 | 88,253 | ||||||
Latham Group, Inc. (a) |
16,213 | 58,205 | ||||||
Malibu Boats, Inc. - Class A (a) |
7,415 | 355,846 | ||||||
MasterCraft Boat Holdings, Inc. (a) (b) |
5,356 | 100,961 | ||||||
Smith & Wesson Brands, Inc. |
17,075 | 177,068 | ||||||
Sturm Ruger & Co., Inc. (b) |
6,188 | 314,288 | ||||||
Topgolf Callaway Brands Corp. (a) (b) |
47,086 | 906,876 | ||||||
Vinco Ventures, Inc. (a) (b) |
92,664 | 86,289 | ||||||
Vista Outdoor, Inc. (a) (b) |
20,009 | 486,619 | ||||||
|
|
|||||||
3,331,563 | ||||||||
|
|
|||||||
Life Sciences Tools & Services0.7% | ||||||||
AbCellera Biologics, Inc. (a) (b) |
70,604 | 698,273 | ||||||
Absci Corp. (a) (b) |
22,021 | 68,926 | ||||||
Adaptive Biotechnologies Corp. (a) |
37,677 | 268,260 | ||||||
Akoya Biosciences, Inc. (a) (b) |
6,387 | 75,047 | ||||||
Berkeley Lights, Inc. (a) |
17,360 | 49,650 | ||||||
Bionano Genomics, Inc. (a) (b) |
99,516 | 182,114 | ||||||
Codexis, Inc. (a) |
21,179 | 128,345 | ||||||
CryoPort, Inc. (a) (b) |
14,998 | 365,351 | ||||||
Cytek Biosciences, Inc. (a) (b) |
39,465 | 580,925 | ||||||
Inotiv, Inc. (a) (b) |
5,305 | 89,389 | ||||||
MaxCyte, Inc. (a) (b) |
36,112 | 234,728 | ||||||
Medpace Holdings, Inc. (a) (b) |
8,689 | 1,365,650 | ||||||
NanoString Technologies, Inc. (a) (b) |
15,548 | 198,548 | ||||||
NeoGenomics, Inc. (a) |
42,888 | 369,266 | ||||||
Pacific Biosciences of California, Inc. (a) (b) |
76,212 | 442,411 | ||||||
Quanterix Corp. (a) |
11,230 | 123,755 | ||||||
Quantum - Si, Inc. (a) (b) |
34,664 | 95,326 | ||||||
Seer, Inc. (a) (b) |
18,742 | 145,063 | ||||||
SomaLogic, Inc. (a) |
52,455 | 152,119 | ||||||
|
|
|||||||
5,633,146 | ||||||||
|
|
|||||||
Machinery3.6% | ||||||||
3D Systems Corp. (a) (b) |
42,023 | 335,344 | ||||||
Alamo Group, Inc. |
3,584 | 438,216 | ||||||
Albany International Corp. - Class A (b) |
10,575 | 833,627 | ||||||
Altra Industrial Motion Corp. |
22,753 | 764,956 | ||||||
Astec Industries, Inc. (b) |
8,361 | 260,780 | ||||||
Barnes Group, Inc. (b) |
16,460 | 475,365 | ||||||
Chart Industries, Inc. (a) (b) |
12,611 | 2,324,838 | ||||||
CIRCOR International, Inc. (a) |
6,280 | 103,557 | ||||||
Columbus McKinnon Corp. |
10,074 | 263,536 | ||||||
Desktop Metal, Inc. - Class A (a) (b) |
93,415 | 241,945 | ||||||
Douglas Dynamics, Inc. |
7,665 | 214,773 | ||||||
Energy Recovery, Inc. (a) (b) |
18,812 | 408,973 | ||||||
Enerpac Tool Group Corp. (b) |
20,140 | 359,096 | ||||||
EnPro Industries, Inc. |
6,856 | 582,623 | ||||||
ESCO Technologies, Inc. |
8,855 | 650,311 | ||||||
Evoqua Water Technologies Corp. (a) |
40,010 | 1,323,131 | ||||||
Federal Signal Corp. |
20,932 | 781,182 | ||||||
Franklin Electric Co., Inc. |
15,834 | 1,293,796 | ||||||
Gorman - Rupp Co. (The) |
7,300 | 173,667 | ||||||
Greenbrier Cos., Inc. (The) |
10,684 | 259,301 | ||||||
Helios Technologies, Inc. |
11,222 | 567,833 | ||||||
Hillenbrand, Inc. (b) |
23,410 | 859,615 | ||||||
Hillman Solutions Corp. (a) (b) |
46,403 | 349,879 | ||||||
Hyliion Holdings Corp. (a) (b) |
44,983 | 129,101 | ||||||
Hyster-Yale Materials Handling, Inc. |
3,777 | 81,243 |
BHFTII-200
Table of Contents
Brighthouse Funds Trust II
MetLife Russell 2000 Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Machinery(Continued) | ||||||||
John Bean Technologies Corp. |
10,810 | $ | 929,660 | |||||
Kadant, Inc. |
3,991 | 665,739 | ||||||
Kennametal, Inc. |
28,533 | 587,209 | ||||||
Lindsay Corp. (b) |
3,909 | 560,082 | ||||||
Luxfer Holdings plc (b) |
10,353 | 150,119 | ||||||
Manitowoc Co., Inc. (The) (a) |
9,971 | 77,275 | ||||||
Markforged Holding Corp. (a) (b) |
42,320 | 83,794 | ||||||
Microvast Holdings, Inc. (a) (b) |
61,208 | 110,786 | ||||||
Miller Industries, Inc. |
3,305 | 70,363 | ||||||
Mueller Industries, Inc. (b) |
19,487 | 1,158,307 | ||||||
Mueller Water Products, Inc. - Class A |
52,474 | 538,908 | ||||||
Nikola Corp. (a) (b) |
112,628 | 396,451 | ||||||
Omega Flex, Inc. (b) |
1,112 | 102,993 | ||||||
Proterra, Inc. (a) (b) |
76,278 | 379,864 | ||||||
Proto Labs, Inc. (a) |
8,980 | 327,141 | ||||||
RBC Bearings, Inc. (a) (b) |
9,695 | 2,014,718 | ||||||
REV Group, Inc. (b) |
10,161 | 112,076 | ||||||
Sarcos Technology and Robotics Corp. (a) (b) |
42,887 | 95,209 | ||||||
Shyft Group, Inc. (The) |
12,528 | 255,947 | ||||||
SPX Technologies, Inc. (a) |
15,216 | 840,228 | ||||||
Standex International Corp. |
4,503 | 367,670 | ||||||
Tennant Co. (b) |
5,981 | 338,285 | ||||||
Terex Corp. |
23,730 | 705,730 | ||||||
Titan International, Inc. (a) (b) |
18,172 | 220,608 | ||||||
Trinity Industries, Inc. |
27,337 | 583,645 | ||||||
Velo3D, Inc. (a) (b) |
22,593 | 89,016 | ||||||
Wabash National Corp. (b) |
17,203 | 267,679 | ||||||
Watts Water Technologies, Inc. - Class A |
9,400 | 1,181,862 | ||||||
|
|
|||||||
27,288,052 | ||||||||
|
|
|||||||
Marine0.2% | ||||||||
Costamare, Inc. (b) |
18,240 | 163,248 | ||||||
Eagle Bulk Shipping, Inc. (b) |
4,537 | 195,908 | ||||||
Eneti, Inc. (b) |
8,218 | 54,814 | ||||||
Genco Shipping & Trading, Ltd. |
11,163 | 139,872 | ||||||
Golden Ocean Group, Ltd. (a) |
41,330 | 308,735 | ||||||
Matson, Inc. (b) |
12,834 | 789,548 | ||||||
Safe Bulkers, Inc. |
25,564 | 63,143 | ||||||
|
|
|||||||
1,715,268 | ||||||||
|
|
|||||||
Media0.9% | ||||||||
Advantage Solutions, Inc. (a) (b) |
30,307 | 64,554 | ||||||
AMC Networks, Inc. - Class A (a) |
10,133 | 205,700 | ||||||
Boston Omaha Corp. - Class A (a) (b) |
7,716 | 177,777 | ||||||
Cardlytics, Inc. (a) (b) |
11,016 | 103,550 | ||||||
Clear Channel Outdoor Holdings, Inc. (a) |
128,010 | 175,374 | ||||||
Daily Journal Corp. (a) (b) |
342 | 87,685 | ||||||
Entravision Communications Corp. - Class A (b) |
20,663 | 82,032 | ||||||
EW Scripps Co. (The) - Class A (a) (b) |
19,856 | 223,777 | ||||||
Gannett Co., Inc. (a) (b) |
49,420 | 75,613 | ||||||
Gray Television, Inc. (b) |
29,805 | 426,808 | ||||||
iHeartMedia, Inc. - Class A (a) |
39,947 | 292,812 | ||||||
Innovid Corp. (a) (b) |
32,006 | 86,736 | ||||||
Integral Ad Science Holding Corp. (a) |
12,716 | 92,064 | ||||||
John Wiley & Sons, Inc. - Class A (b) |
14,809 | 556,226 | ||||||
Magnite, Inc. (a) (b) |
44,965 | 295,420 | ||||||
PubMatic, Inc. - Class A (a) (b) |
14,669 | 243,945 | ||||||
Scholastic Corp. (b) |
10,323 | 317,535 | ||||||
Sinclair Broadcast Group, Inc. - Class A (b) |
12,733 | 230,340 | ||||||
Stagwell, Inc. (a) (b) |
26,744 | 185,871 | ||||||
TechTarget, Inc. (a) (b) |
9,094 | 538,365 | ||||||
TEGNA, Inc. (b) |
75,982 | 1,571,308 | ||||||
Thryv Holdings, Inc. (a) |
9,046 | 206,520 | ||||||
WideOpenWest, Inc. (a) |
18,090 | 221,964 | ||||||
Xperi Holding Corp. |
35,163 | 497,205 | ||||||
|
|
|||||||
6,959,181 | ||||||||
|
|
|||||||
Metals & Mining1.4% | ||||||||
5E Advanced Materials, Inc. (a) (b) |
11,608 | 117,937 | ||||||
Alpha Metallurgical Resources, Inc. |
6,015 | 823,093 | ||||||
Arconic Corp. (a) (b) |
36,643 | 624,397 | ||||||
ATI, Inc. (a) (b) |
43,466 | 1,156,630 | ||||||
Carpenter Technology Corp. (b) |
16,114 | 501,790 | ||||||
Century Aluminum Co. (a) (b) |
17,836 | 94,174 | ||||||
Coeur Mining, Inc. (a) (b) |
96,697 | 330,704 | ||||||
Commercial Metals Co. |
41,165 | 1,460,534 | ||||||
Compass Minerals International, Inc. (b) |
11,864 | 457,120 | ||||||
Constellium SE (a) |
44,037 | 446,535 | ||||||
Haynes International, Inc. |
3,793 | 133,210 | ||||||
Hecla Mining Co. (b) |
190,581 | 750,889 | ||||||
Kaiser Aluminum Corp. (b) |
5,296 | 324,910 | ||||||
Materion Corp. |
7,321 | 585,680 | ||||||
Novagold Resources, Inc. (a) |
80,576 | 377,901 | ||||||
Olympic Steel, Inc. |
3,243 | 73,973 | ||||||
Piedmont Lithium, Inc. (a) (b) |
6,114 | 327,038 | ||||||
Ramaco Resources, Inc. (b) |
7,675 | 70,610 | ||||||
Ryerson Holding Corp. |
5,848 | 150,528 | ||||||
Schnitzer Steel Industries, Inc.-Class A |
8,757 | 249,224 | ||||||
SunCoke Energy, Inc. |
29,072 | 168,908 | ||||||
TimkenSteel Corp. (a) (b) |
16,152 | 242,118 | ||||||
Warrior Met Coal, Inc. |
17,236 | 490,192 | ||||||
Worthington Industries, Inc. (b) |
11,415 | 435,368 | ||||||
|
|
|||||||
10,393,463 | ||||||||
|
|
|||||||
Mortgage Real Estate Investment Trusts1.1% | ||||||||
AFC Gamma, Inc. (b) |
5,786 | 88,526 | ||||||
Apollo Commercial Real Estate Finance, Inc. (b) |
46,637 | 387,087 | ||||||
Arbor Realty Trust, Inc. (b) |
56,695 | 651,992 | ||||||
Ares Commercial Real Estate Corp. (b) |
17,797 | 185,979 | ||||||
ARMOUR Residential REIT, Inc. (b) |
34,803 | 169,491 | ||||||
Blackstone Mortgage Trust, Inc.-Class A (b) |
58,537 | 1,366,253 | ||||||
BrightSpire Capital, Inc. (b) |
33,087 | 208,779 | ||||||
Broadmark Realty Capital, Inc. (b) |
44,009 | 224,886 | ||||||
Chimera Investment Corp. (b) |
80,284 | 419,082 | ||||||
Claros Mortgage Trust, Inc. |
31,509 | 369,916 | ||||||
Dynex Capital, Inc. (b) |
15,184 | 176,894 | ||||||
Ellington Financial, Inc. (b) |
18,630 | 211,823 | ||||||
Franklin BSP Realty Trust, Inc. (b) |
29,093 | 313,332 | ||||||
Granite Point Mortgage Trust, Inc. |
18,427 | 118,670 | ||||||
Hannon Armstrong Sustainable Infrastructure Capital, Inc. (b) |
28,644 | 857,315 | ||||||
Invesco Mortgage Capital, Inc. (b) |
10,803 | 119,913 | ||||||
KKR Real Estate Finance Trust, Inc. |
19,694 | 320,027 |
BHFTII-201
Table of Contents
Brighthouse Funds Trust II
MetLife Russell 2000 Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Mortgage Real Estate Investment Trusts(Continued) | ||||||||
Ladder Capital Corp. |
39,172 | $ | 350,981 | |||||
MFA Financial, Inc. |
33,634 | 261,672 | ||||||
New York Mortgage Trust, Inc. (b) |
131,602 | 307,949 | ||||||
Orchid Island Capital, Inc. (REIT) (b) |
12,098 | 99,204 | ||||||
PennyMac Mortgage Investment Trust (b) |
32,587 | 383,875 | ||||||
Ready Capital Corp. (b) |
25,669 | 260,284 | ||||||
Redwood Trust, Inc. (b) |
39,416 | 226,248 | ||||||
TPG RE Finance Trust, Inc. |
20,840 | 145,880 | ||||||
Two Harbors Investment Corp. (b) |
116,345 | 386,265 | ||||||
|
|
|||||||
8,612,323 | ||||||||
|
|
|||||||
Multi-Utilities0.5% | ||||||||
Avista Corp. |
24,350 | 902,168 | ||||||
Black Hills Corp. (b) |
22,334 | 1,512,682 | ||||||
NorthWestern Corp. |
19,325 | 952,336 | ||||||
Unitil Corp. |
5,823 | 270,478 | ||||||
|
|
|||||||
3,637,664 | ||||||||
|
|
|||||||
Multiline Retail0.1% | ||||||||
Big Lots, Inc. (b) |
10,588 | 165,279 | ||||||
Dillards, Inc. - Class A (b) |
1,459 | 397,957 | ||||||
Franchise Group, Inc. (b) |
9,820 | 238,626 | ||||||
|
|
|||||||
801,862 | ||||||||
|
|
|||||||
Oil, Gas & Consumable Fuels4.4% | ||||||||
Aemetis, Inc. (a) (b) |
10,110 | 61,873 | ||||||
Alto Ingredients, Inc. (a) |
27,235 | 99,135 | ||||||
Amplify Energy Corp. (a) (b) |
12,277 | 80,660 | ||||||
Arch Resources, Inc. |
5,183 | 614,704 | ||||||
Archaea Energy, Inc. (a) (b) |
20,689 | 372,609 | ||||||
Ardmore Shipping Corp. (a) |
11,949 | 109,094 | ||||||
Berry Corp. |
32,549 | 244,117 | ||||||
Brigham Minerals, Inc. - Class A |
17,190 | 424,077 | ||||||
California Resources Corp. |
26,346 | 1,012,477 | ||||||
Callon Petroleum Co. (a) (b) |
17,960 | 628,780 | ||||||
Centennial Resource Development, Inc. - Class A (a) (b) |
69,322 | 471,390 | ||||||
Centrus Energy Corp. - Class A (a) (b) |
3,474 | 142,364 | ||||||
Chord Energy Corp. |
14,640 | 2,002,313 | ||||||
Civitas Resources, Inc. (b) |
26,043 | 1,494,608 | ||||||
Clean Energy Fuels Corp. (a) (b) |
54,120 | 289,001 | ||||||
CNX Resources Corp. (a) |
64,045 | 994,619 | ||||||
Comstock Resources, Inc. (a) (b) |
30,914 | 534,503 | ||||||
CONSOL Energy, Inc. |
12,605 | 810,754 | ||||||
Crescent Energy, Inc. - Class A (b) |
12,363 | 166,530 | ||||||
CVR Energy, Inc. |
10,082 | 292,176 | ||||||
Delek U.S. Holdings, Inc. |
23,703 | 643,299 | ||||||
Denbury, Inc. (a) |
17,329 | 1,494,799 | ||||||
DHT Holdings, Inc. |
47,374 | 358,147 | ||||||
Dorian LPG, Ltd. (b) |
11,086 | 150,437 | ||||||
Earthstone Energy, Inc. - Class A (a) (b) |
14,648 | 180,463 | ||||||
Energy Fuels, Inc. (a) (b) |
52,706 | 322,561 | ||||||
Equitrans Midstream Corp. (b) |
137,245 | 1,026,593 | ||||||
Excelerate Energy, Inc. - Class A |
6,800 | 159,120 | ||||||
Flex LNG, Ltd. (a) (b) |
10,006 | 316,890 | ||||||
Frontline, Ltd. (b) |
42,361 | 463,006 | ||||||
Gevo, Inc. (a) (b) |
66,845 | 152,407 | ||||||
Golar LNG, Ltd. (a) |
34,450 | 858,494 | ||||||
Green Plains, Inc. (a) |
17,759 | 516,254 | ||||||
Gulfport Energy Corp. (a) (b) |
4,145 | 365,962 | ||||||
International Seaways, Inc. |
16,560 | 581,753 | ||||||
Kinetik Holdings, Inc. (b) |
5,614 | 182,904 | ||||||
Kosmos Energy, Ltd. (a) (b) |
151,784 | 784,723 | ||||||
Laredo Petroleum, Inc. (a) |
5,753 | 361,576 | ||||||
Magnolia Oil & Gas Corp. - Class A (b) |
59,186 | 1,172,475 | ||||||
Matador Resources Co. (b) |
38,660 | 1,891,247 | ||||||
Murphy Oil Corp. |
50,376 | 1,771,724 | ||||||
NACCO Industries, Inc. - Class A (b) |
1,389 | 65,325 | ||||||
NextDecade Corp. (a) (b) |
11,051 | 66,527 | ||||||
Nordic American Tankers, Ltd. |
65,872 | 175,878 | ||||||
Northern Oil and Gas, Inc. |
22,081 | 605,240 | ||||||
Par Pacific Holdings, Inc. (a) |
16,282 | 267,188 | ||||||
PBF Energy, Inc. - Class A (a) |
33,227 | 1,168,261 | ||||||
Peabody Energy Corp. (a) (b) |
39,586 | 982,524 | ||||||
Ranger Oil Corp. - Class A |
7,251 | 228,044 | ||||||
REX American Resources Corp. (a) |
5,256 | 146,747 | ||||||
Riley Exploration Permian, Inc. (b) |
4,606 | 87,422 | ||||||
Ring Energy, Inc. (a) (b) |
29,702 | 68,909 | ||||||
SandRidge Energy, Inc. (a) |
10,783 | 175,871 | ||||||
Scorpio Tankers, Inc. (b) |
17,121 | 719,767 | ||||||
SFL Corp., Ltd. (b) |
39,560 | 360,392 | ||||||
SilverBow Resources, Inc. (a) (b) |
3,997 | 107,439 | ||||||
Sitio Royalties Corp. (b) |
3,401 | 75,196 | ||||||
SM Energy Co. |
41,402 | 1,557,129 | ||||||
Talos Energy, Inc. (a) |
22,318 | 371,595 | ||||||
Teekay Corp. (a) (b) |
24,471 | 87,851 | ||||||
Teekay Tankers, Ltd. - Class A (a) |
8,653 | 238,304 | ||||||
Tellurian, Inc. (a) (b) |
171,841 | 410,700 | ||||||
Ur-Energy, Inc. (a) (b) |
75,333 | 82,113 | ||||||
Uranium Energy Corp. (a) (b) |
108,588 | 380,058 | ||||||
VAALCO Energy, Inc. |
19,914 | 86,825 | ||||||
Vertex Energy, Inc. (a) (b) |
18,296 | 113,984 | ||||||
W&T Offshore, Inc. (a) |
32,957 | 193,128 | ||||||
World Fuel Services Corp. |
21,674 | 508,039 | ||||||
|
|
|||||||
33,931,074 | ||||||||
|
|
|||||||
Paper & Forest Products0.1% | ||||||||
Clearwater Paper Corp. (a) |
5,381 | 202,326 | ||||||
Glatfelter Corp. (b) |
14,914 | 46,382 | ||||||
Resolute Forest Products, Inc. (a) |
15,573 | 311,460 | ||||||
Sylvamo Corp. |
12,273 | 416,055 | ||||||
|
|
|||||||
976,223 | ||||||||
|
|
|||||||
Personal Products0.7% | ||||||||
Beauty Health Co. (The) (a) (b) |
34,332 | 404,774 | ||||||
BellRing Brands, Inc. (a) |
45,561 | 939,012 | ||||||
Edgewell Personal Care Co. (b) |
18,576 | 694,742 | ||||||
elf Beauty, Inc. (a) |
17,235 | 648,381 | ||||||
Herbalife Nutrition, Ltd. (a) |
33,308 | 662,496 | ||||||
Honest Co. Inc. (The) (a) |
25,893 | 90,626 | ||||||
Inter Parfums, Inc. |
6,203 | 468,078 | ||||||
Medifast, Inc. (b) |
3,943 | 427,264 |
BHFTII-202
Table of Contents
Brighthouse Funds Trust II
MetLife Russell 2000 Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Personal Products(Continued) | ||||||||
Nu Skin Enterprises, Inc. - Class A |
18,079 | $ | 603,296 | |||||
USANA Health Sciences, Inc. (a) |
3,693 | 206,993 | ||||||
Veru, Inc. (a) (b) |
21,948 | 252,841 | ||||||
|
|
|||||||
5,398,503 | ||||||||
|
|
|||||||
Pharmaceuticals1.7% | ||||||||
Aclaris Therapeutics, Inc. (a) |
20,221 | 318,279 | ||||||
Aerie Pharmaceuticals, Inc. (a) |
15,265 | 230,959 | ||||||
Amneal Pharmaceuticals, Inc. (a) |
36,199 | 73,122 | ||||||
Amphastar Pharmaceuticals, Inc. (a) (b) |
13,014 | 365,693 | ||||||
Amylyx Pharmaceuticals, Inc. (a) |
12,575 | 353,986 | ||||||
ANI Pharmaceuticals, Inc. (a) (b) |
3,731 | 119,914 | ||||||
Arvinas, Inc. (a) |
16,311 | 725,676 | ||||||
Atea Pharmaceuticals, Inc. (a) (b) |
32,816 | 186,723 | ||||||
Axsome Therapeutics, Inc. (a) (b) |
10,909 | 486,760 | ||||||
Cara Therapeutics, Inc. (a) |
18,209 | 170,436 | ||||||
Cassava Sciences, Inc. (a) (b) |
13,762 | 575,527 | ||||||
CinCor Pharma, Inc. (a) |
7,403 | 242,966 | ||||||
Collegium Pharmaceutical, Inc. (a) (b) |
14,032 | 224,793 | ||||||
Corcept Therapeutics, Inc. (a) (b) |
30,309 | 777,123 | ||||||
DICE Therapeutics, Inc. (a) (b) |
10,295 | 208,783 | ||||||
Edgewise Therapeutics, Inc. (a) (b) |
15,027 | 147,866 | ||||||
Esperion Therapeutics, Inc. (a) (b) |
22,594 | 151,380 | ||||||
Evolus, Inc. (a) |
12,622 | 101,607 | ||||||
EyePoint Pharmaceuticals, Inc. (a) (b) |
8,253 | 65,281 | ||||||
Fulcrum Therapeutics, Inc. (a) (b) |
12,205 | 98,738 | ||||||
Harmony Biosciences Holdings, Inc. (a) (b) |
9,337 | 413,536 | ||||||
Innoviva, Inc. (a) (b) |
21,386 | 248,292 | ||||||
Intra-Cellular Therapies, Inc. (a) |
31,476 | 1,464,578 | ||||||
Liquidia Corp. (a) (b) |
16,545 | 90,005 | ||||||
Nektar Therapeutics (a) |
61,459 | 196,669 | ||||||
NGM Biopharmaceuticals, Inc. (a) (b) |
11,665 | 152,578 | ||||||
Nuvation Bio, Inc. (a) (b) |
41,927 | 93,917 | ||||||
Ocular Therapeutix, Inc. (a) (b) |
26,436 | 109,709 | ||||||
Pacira BioSciences, Inc. (a) (b) |
15,246 | 810,935 | ||||||
Phathom Pharmaceuticals, Inc. (a) (b) |
7,762 | 86,003 | ||||||
Phibro Animal Health Corp. - Class A |
6,746 | 89,654 | ||||||
Prestige Consumer Healthcare, Inc. (a) |
17,473 | 870,680 | ||||||
Provention Bio, Inc. (a) (b) |
19,889 | 89,501 | ||||||
Reata Pharmaceuticals, Inc. - Class A (a) (b) |
9,837 | 247,204 | ||||||
Relmada Therapeutics, Inc. (a) |
9,068 | 335,697 | ||||||
Revance Therapeutics, Inc. (a) (b) |
25,433 | 686,691 | ||||||
SIGA Technologies, Inc. (b) |
18,339 | 188,892 | ||||||
Supernus Pharmaceuticals, Inc. (a) (b) |
17,997 | 609,198 | ||||||
Tarsus Pharmaceuticals, Inc. (a) (b) |
6,902 | 118,162 | ||||||
Theravance Biopharma, Inc. (a) (b) |
21,852 | 221,579 | ||||||
Tricida, Inc. (a) (b) |
11,413 | 119,608 | ||||||
Ventyx Biosciences, Inc. (a) (b) |
8,423 | 294,047 | ||||||
Xeris Biopharma Holdings, Inc. (a) (b) |
45,817 | 71,475 | ||||||
|
|
|||||||
13,234,222 | ||||||||
|
|
|||||||
Professional Services1.6% | ||||||||
Alight, Inc. - Class A (a) (b) |
115,533 | 846,857 | ||||||
ASGN, Inc. (a) (b) |
16,523 | 1,493,184 | ||||||
Barrett Business Services, Inc. |
2,279 | 177,762 | ||||||
CBIZ, Inc. (a) |
16,340 | 699,025 | ||||||
CRA International, Inc. |
2,170 | 192,566 | ||||||
Exponent, Inc. |
17,702 | 1,551,934 | ||||||
First Advantage Corp. (a) (b) |
20,718 | 265,812 | ||||||
Forrester Research, Inc. (a) |
3,344 | 120,417 | ||||||
Franklin Covey Co. (a) |
3,849 | 174,706 | ||||||
Heidrick & Struggles International, Inc. |
7,497 | 194,847 | ||||||
HireRight Holdings Corp. (a) (b) |
9,930 | 151,532 | ||||||
Huron Consulting Group, Inc. (a) (b) |
6,931 | 459,179 | ||||||
ICF International, Inc. |
6,347 | 691,950 | ||||||
Insperity, Inc. |
12,555 | 1,281,740 | ||||||
Kelly Services, Inc. - Class A |
12,354 | 167,891 | ||||||
Kforce, Inc. |
7,178 | 420,990 | ||||||
Korn Ferry |
18,493 | 868,246 | ||||||
LegalZoom.com, Inc (a) (b) |
33,809 | 289,743 | ||||||
Planet Labs PBC (a) (b) |
54,596 | 296,456 | ||||||
Resources Connection, Inc. |
11,231 | 202,944 | ||||||
Sterling Check Corp. (a) (b) |
10,968 | 193,476 | ||||||
TriNet Group, Inc. (a) |
12,584 | 896,233 | ||||||
TrueBlue, Inc. (a) |
10,956 | 209,040 | ||||||
Upwork, Inc. (a) |
41,273 | 562,138 | ||||||
Willdan Group, Inc. (a) (b) |
4,570 | 67,682 | ||||||
|
|
|||||||
12,476,350 | ||||||||
|
|
|||||||
Real Estate Management & Development0.6% | ||||||||
Anywhere Real Estate Inc, (a) (b) |
39,613 | 321,261 | ||||||
Compass, Inc. - Class A (a) |
90,359 | 209,633 | ||||||
Cushman & Wakefield plc (a) |
53,474 | 612,277 | ||||||
DigitalBridge Group, Inc. |
55,617 | 695,769 | ||||||
Douglas Elliman, Inc. (b) |
27,436 | 112,488 | ||||||
eXp World Holdings, Inc. (b) |
22,252 | 249,445 | ||||||
Forestar Group, Inc. (a) (b) |
6,983 | 78,140 | ||||||
FRP Holdings, Inc. (a) (b) |
2,285 | 124,213 | ||||||
Kennedy-Wilson Holdings, Inc. (b) |
41,685 | 644,450 | ||||||
Marcus & Millichap, Inc. |
8,728 | 286,104 | ||||||
Newmark Group, Inc. - Class A (b) |
49,815 | 401,509 | ||||||
RE/MAX Holdings, Inc. - Class A |
6,249 | 118,168 | ||||||
Redfin Corp. (a) (b) |
35,715 | 208,576 | ||||||
RMR Group, Inc. (The) - Class A (b) |
4,706 | 111,485 | ||||||
St. Joe Co. (The) (b) |
11,618 | 372,124 | ||||||
Tejon Ranch Co. (a) (b) |
7,461 | 107,438 | ||||||
|
|
|||||||
4,653,080 | ||||||||
|
|
|||||||
Road & Rail0.6% | ||||||||
ArcBest Corp. |
8,408 | 611,514 | ||||||
Covenant Logistics Group, Inc. (b) |
4,410 | 126,567 | ||||||
Daseke, Inc. (a) (b) |
14,084 | 76,194 | ||||||
Heartland Express, Inc. |
16,789 | 240,251 | ||||||
Marten Transport, Ltd. |
20,880 | 400,061 | ||||||
PAM Transportation Services, Inc. (a) (b) |
2,312 | 71,580 | ||||||
Saia, Inc. (a) |
9,120 | 1,732,800 | ||||||
TuSimple Holdings, Inc. - Class A (a) (b) |
48,302 | 367,095 | ||||||
Universal Logistics Holdings, Inc. |
2,513 | 79,712 | ||||||
Werner Enterprises, Inc. |
21,850 | 821,560 | ||||||
|
|
|||||||
4,527,334 | ||||||||
|
|
BHFTII-203
Table of Contents
Brighthouse Funds Trust II
MetLife Russell 2000 Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Semiconductors & Semiconductor Equipment2.4% | ||||||||
ACM Research, Inc. - Class A (a) |
16,205 | $ | 201,914 | |||||
Alpha & Omega Semiconductor, Ltd. (a) (b) |
7,372 | 226,763 | ||||||
Ambarella, Inc. (a) |
12,522 | 703,486 | ||||||
Amkor Technology, Inc. |
35,047 | 597,551 | ||||||
Atomera, Inc. (a) (b) |
7,526 | 76,238 | ||||||
Axcelis Technologies, Inc. (a) |
11,583 | 701,467 | ||||||
AXT, Inc. (a) |
13,933 | 93,351 | ||||||
Ceva, Inc. (a) (b) |
8,407 | 220,516 | ||||||
Cohu, Inc. (a) (b) |
17,431 | 449,371 | ||||||
Credo Technology Group Holding, Ltd. (a) |
34,289 | 377,179 | ||||||
CyberOptics Corp. (a) |
2,458 | 132,191 | ||||||
Diodes, Inc. (a) (b) |
15,298 | 992,993 | ||||||
FormFactor, Inc. (a) (e) |
26,288 | 658,514 | ||||||
Ichor Holdings, Ltd. (a) (b) |
10,143 | 245,562 | ||||||
Impinj, Inc. (a) |
7,085 | 567,013 | ||||||
indie Semiconductor, Inc. - Class A (a) |
35,336 | 258,660 | ||||||
Kulicke & Soffa Industries, Inc. (b) |
19,980 | 769,829 | ||||||
MACOM Technology Solutions Holdings, Inc. (a) (b) |
17,379 | 900,058 | ||||||
MaxLinear, Inc. (a) |
24,378 | 795,210 | ||||||
Onto Innovation, Inc. (a) |
16,863 | 1,080,075 | ||||||
PDF Solutions, Inc. (a) (b) |
11,347 | 278,342 | ||||||
Photronics, Inc. (a) |
21,105 | 308,555 | ||||||
Power Integrations, Inc. |
19,864 | 1,277,653 | ||||||
Rambus, Inc. (a) |
37,951 | 964,714 | ||||||
Semtech Corp. (a) |
22,375 | 658,049 | ||||||
Silicon Laboratories, Inc. (a) (b) |
11,641 | 1,436,965 | ||||||
SiTime Corp. (a) |
5,459 | 429,787 | ||||||
SMART Global Holdings, Inc. (a) |
16,723 | 265,394 | ||||||
SunPower Corp. (a) (b) |
27,543 | 634,591 | ||||||
Synaptics, Inc. (a) (b) |
13,894 | 1,375,645 | ||||||
Ultra Clean Holdings, Inc. (a) |
15,549 | 400,387 | ||||||
Veeco Instruments, Inc. (a) (b) |
18,456 | 338,114 | ||||||
|
|
|||||||
18,416,137 | ||||||||
|
|
|||||||
Software4.7% | ||||||||
8x8, Inc. (a) |
38,141 | 131,586 | ||||||
A10 Networks, Inc. (b) |
21,038 | 279,174 | ||||||
ACI Worldwide, Inc. (a) |
38,487 | 804,378 | ||||||
Agilysys, Inc. (a) |
7,295 | 403,778 | ||||||
Alarm.com Holdings, Inc. (a) |
16,373 | 1,061,953 | ||||||
Alkami Technology, Inc. (a) (b) |
16,299 | 245,300 | ||||||
Altair Engineering, Inc. - Class A (a) (b) |
17,467 | 772,391 | ||||||
American Software, Inc. - Class A (b) |
11,730 | 179,704 | ||||||
Amplitude, Inc. - Class A (a) (b) |
19,500 | 301,665 | ||||||
Appfolio, Inc. - Class A (a) (b) |
6,949 | 727,699 | ||||||
Appian Corp. (a) (b) |
13,931 | 568,803 | ||||||
Asana, Inc. - Class A (a) (b) |
25,738 | 572,156 | ||||||
AvePoint, Inc. (a) (b) |
45,466 | 182,319 | ||||||
Blackbaud, Inc. (a) |
16,076 | 708,309 | ||||||
Blackline, Inc. (a) (b) |
19,486 | 1,167,211 | ||||||
Blend Labs, Inc. - Class A (a) (b) |
66,145 | 146,180 | ||||||
Box, Inc. - Class A (a) |
47,952 | 1,169,549 | ||||||
BTRS Holdings, Inc. - Class A (a) (b) |
36,214 | 335,342 | ||||||
C3.ai, Inc. - Class A (a) (b) |
23,726 | 296,575 | ||||||
Cerence, Inc. (a) (b) |
13,068 | 205,821 | ||||||
ChannelAdvisor Corp. (a) |
10,981 | 248,829 | ||||||
Clear Secure, Inc. - Class A (a) (b) |
21,433 | 489,958 | ||||||
CommVault Systems, Inc. (a) |
15,305 | 811,777 | ||||||
Consensus Cloud Solutions, Inc. (a) |
6,079 | 287,537 | ||||||
Couchbase, Inc. (a) (b) |
9,433 | 134,609 | ||||||
CS Disco, Inc. (a) (b) |
8,074 | 80,740 | ||||||
Cvent Holding Corp. (a) (b) |
18,343 | 96,301 | ||||||
Digimarc Corp. (a) (b) |
5,494 | 74,444 | ||||||
Digital Turbine, Inc. (a) (b) |
31,408 | 452,589 | ||||||
Domo, Inc. - Class B (a) |
9,814 | 176,554 | ||||||
Duck Creek Technologies, Inc. (a) |
26,005 | 308,159 | ||||||
E2open Parent Holdings, Inc. (a) (b) |
71,031 | 431,158 | ||||||
Ebix, Inc. (b) |
8,704 | 165,115 | ||||||
Enfusion, Inc. - Class A (a) (b) |
9,141 | 112,800 | ||||||
EngageSmart, Inc. (a) |
12,404 | 256,639 | ||||||
Envestnet, Inc. (a) |
18,894 | 838,894 | ||||||
Everbridge, Inc. (a) |
13,337 | 411,847 | ||||||
EverCommerce, Inc. (a) |
12,206 | 133,412 | ||||||
ForgeRock, Inc. - Class A (a) (b) |
9,886 | 143,644 | ||||||
Instructure Holdings, Inc. (a) (b) |
8,083 | 180,089 | ||||||
Intapp, Inc. (a) (b) |
8,575 | 160,095 | ||||||
InterDigital, Inc. |
10,312 | 416,811 | ||||||
KnowBe4, Inc. - Class A (a) |
25,095 | 522,227 | ||||||
LivePerson, Inc. (a) (b) |
26,766 | 252,136 | ||||||
LiveRamp Holdings, Inc. (a) |
22,504 | 408,673 | ||||||
Marathon Digital Holdings, Inc. (a) (b) |
38,205 | 409,176 | ||||||
Matterport, Inc. (a) (b) |
76,333 | 289,302 | ||||||
MeridianLink, Inc. (a) (b) |
8,983 | 146,243 | ||||||
MicroStrategy, Inc. - Class A (a) (b) |
3,203 | 679,869 | ||||||
Mitek Systems, Inc. (a) (b) |
15,147 | 138,746 | ||||||
Model N, Inc. (a) (b) |
12,650 | 433,009 | ||||||
Momentive Global, Inc. (a) |
45,741 | 265,755 | ||||||
N-able, Inc. (a) (b) |
24,099 | 222,434 | ||||||
NextNav, Inc. (a) (b) |
28,336 | 76,224 | ||||||
Olo, Inc. - Class A (a) (b) |
31,375 | 247,862 | ||||||
ON24, Inc. (a) |
14,977 | 131,798 | ||||||
OneSpan, Inc. (a) |
13,014 | 112,051 | ||||||
PagerDuty, Inc. (a) (b) |
28,642 | 660,771 | ||||||
Ping Identity Holding Corp. (a) (b) |
26,025 | 730,522 | ||||||
Progress Software Corp. (b) |
14,833 | 631,144 | ||||||
PROS Holdings, Inc. (a) (b) |
15,562 | 384,381 | ||||||
Q2 Holdings, Inc. (a) (b) |
18,911 | 608,934 | ||||||
Qualys, Inc. (a) |
13,408 | 1,868,941 | ||||||
Rapid7, Inc. (a) (b) |
19,953 | 855,984 | ||||||
Rimini Street, Inc. (a) (b) |
15,883 | 74,015 | ||||||
Riot Blockchain, Inc. (a) (b) |
46,683 | 327,248 | ||||||
Sapiens International Corp. NV (b) |
11,177 | 214,375 | ||||||
ShotSpotter, Inc. (a) (b) |
3,138 | 90,249 | ||||||
Sprout Social, Inc. - Class A (a) (b) |
15,663 | 950,431 | ||||||
SPS Commerce, Inc. (a) |
12,458 | 1,547,657 | ||||||
Sumo Logic, Inc. (a) |
40,580 | 304,350 | ||||||
Telos Corp. (a) (b) |
19,498 | 173,337 | ||||||
Tenable Holdings, Inc. (a) |
37,751 | 1,313,735 | ||||||
Upland Software, Inc. (a) |
10,139 | 82,430 | ||||||
Varonis Systems, Inc. (a) (b) |
37,442 | 992,962 | ||||||
Verint Systems, Inc. (a) |
21,871 | 734,428 | ||||||
Veritone, Inc. (a) (b) |
10,577 | 59,548 | ||||||
Workiva, Inc. (a) |
17,014 | 1,323,689 | ||||||
Yext, Inc. (a) |
37,994 | 169,453 |
BHFTII-204
Table of Contents
Brighthouse Funds Trust II
MetLife Russell 2000 Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Software(Continued) | ||||||||
Zeta Global Holdings Corp. - Class A (a) |
39,653 | $ | 262,106 | |||||
Zuora, Inc. - Class A (a) |
42,029 | 310,174 | ||||||
|
|
|||||||
35,678,263 | ||||||||
|
|
|||||||
Specialty Retail2.3% | ||||||||
Aarons, Inc. (The) |
13,892 | 135,030 | ||||||
Abercrombie & Fitch Co. - Class A (a) |
18,745 | 291,485 | ||||||
Academy Sports & Outdoors, Inc. (b) |
29,969 | 1,264,092 | ||||||
Americas Car-Mart, Inc. (a) (b) |
2,086 | 127,288 | ||||||
American Eagle Outfitters, Inc. |
53,012 | 515,807 | ||||||
Arko Corp. |
31,060 | 291,653 | ||||||
Asbury Automotive Group, Inc. (a) (b) |
7,450 | 1,125,695 | ||||||
Bed Bath & Beyond, Inc. (a) (b) |
27,941 | 170,161 | ||||||
Big 5 Sporting Goods Corp. (b) |
7,812 | 83,901 | ||||||
Boot Barn Holdings, Inc. (a) (b) |
10,047 | 587,348 | ||||||
Buckle, Inc. (The) (b) |
11,227 | 355,447 | ||||||
Build-A-Bear Workshop, Inc. (b) |
4,959 | 66,103 | ||||||
Caleres, Inc. (b) |
13,428 | 325,226 | ||||||
Camping World Holdings, Inc. - Class A (b) |
12,715 | 321,944 | ||||||
Chicos FAS, Inc. (a) |
42,653 | 206,441 | ||||||
Childrens Place, Inc. (The) (a) (b) |
3,971 | 122,664 | ||||||
Container Store Group, Inc. (The) (a) (b) |
11,779 | 57,717 | ||||||
Designer Brands, Inc. - Class A (b) |
21,072 | 322,612 | ||||||
Destination XL Group, Inc. (a) |
20,962 | 113,614 | ||||||
EVgo, Inc. (a) (b) |
24,290 | 192,134 | ||||||
Foot Locker, Inc. |
27,984 | 871,142 | ||||||
Genesco, Inc. (a) (b) |
4,989 | 196,167 | ||||||
Group 1 Automotive, Inc. (b) |
5,412 | 773,212 | ||||||
GrowGeneration Corp. (a) (b) |
20,715 | 72,503 | ||||||
Guess?, Inc. (b) |
11,608 | 170,289 | ||||||
Haverty Furniture Cos., Inc. (b) |
6,403 | 159,435 | ||||||
Hibbett Sports, Inc. |
4,141 | 206,263 | ||||||
LL Flooring Holdings, Inc. (a) (b) |
11,017 | 76,348 | ||||||
MarineMax, Inc. (a) (b) |
7,339 | 218,629 | ||||||
Monro, Inc. (b) |
11,236 | 488,317 | ||||||
Murphy USA, Inc. |
7,415 | 2,038,458 | ||||||
National Vision Holdings, Inc. (a) (b) |
26,199 | 855,397 | ||||||
ODP Corp. (The) (a) |
15,623 | 549,148 | ||||||
OneWater Marine, Inc.- Class A (a) (b) |
3,644 | 109,721 | ||||||
Party City Holdco, Inc. (a) (b) |
39,914 | 63,064 | ||||||
Rent-A-Center, Inc. (b) |
17,965 | 314,567 | ||||||
Sally Beauty Holdings, Inc. (a) (b) |
38,900 | 490,140 | ||||||
Shoe Carnival, Inc. (b) |
6,132 | 131,470 | ||||||
Signet Jewelers, Ltd. (b) |
15,707 | 898,283 | ||||||
Sleep Number Corp. (a) (b) |
7,502 | 253,643 | ||||||
Sonic Automotive, Inc.-Class A (b) |
7,055 | 305,482 | ||||||
Sportsmans Warehouse Holdings, Inc. (a) (b) |
15,500 | 128,650 | ||||||
TravelCenters of America, Inc. (a) |
4,817 | 259,781 | ||||||
Urban Outfitters, Inc. (a) (b) |
23,786 | 467,395 | ||||||
Volta, Inc. (a)(b) |
48,145 | 58,255 | ||||||
Warby Parker, Inc.-Class A (a) (b) |
28,895 | 385,459 | ||||||
Winmark Corp. |
994 | 215,042 | ||||||
Zumiez, Inc. (a) (b) |
5,111 | 110,040 | ||||||
|
|
|||||||
17,542,662 | ||||||||
|
|
|||||||
Technology Hardware, Storage & Peripherals0.3% | ||||||||
Avid Technology, Inc. (a) (b) |
12,231 | 284,493 | ||||||
Corsair Gaming, Inc. (a) (b) |
13,698 | 155,472 | ||||||
Diebold Nixdorf, Inc. (a) (b) |
25,673 | 62,642 | ||||||
Eastman Kodak Co. (a) (b) |
19,805 | 90,905 | ||||||
IonQ, Inc. (a)(b) |
42,228 | 214,096 | ||||||
Super Micro Computer, Inc. (a) |
15,615 | 859,918 | ||||||
Xerox Holdings Corp. (b) |
38,468 | 503,162 | ||||||
|
|
|||||||
2,170,688 | ||||||||
|
|
|||||||
Textiles, Apparel & Luxury Goods0.6% | ||||||||
Allbirds, Inc.-Class A (a) (b) |
34,384 | 104,527 | ||||||
Crocs, Inc. (a) (e) |
20,872 | 1,433,071 | ||||||
Ermenegildo Zegna N.V. (b) |
17,025 | 183,019 | ||||||
G-III Apparel Group, Ltd. (a) (b) |
15,756 | 235,552 | ||||||
Kontoor Brands, Inc. (b) |
19,434 | 653,177 | ||||||
Movado Group, Inc. (b) |
4,696 | 132,333 | ||||||
Oxford Industries, Inc. (b) |
5,314 | 477,091 | ||||||
Steven Madden, Ltd. |
26,574 | 708,729 | ||||||
Wolverine World Wide, Inc. (b) |
28,133 | 432,967 | ||||||
|
|
|||||||
4,360,466 | ||||||||
|
|
|||||||
Thrifts & Mortgage Finance1.4% | ||||||||
Axos Financial, Inc. (a) |
19,507 | 667,725 | ||||||
Blue Foundry Bancorp (a) (b) |
11,482 | 128,024 | ||||||
Bridgewater Bancshares, Inc. (a) (b) |
8,285 | 136,454 | ||||||
Capitol Federal Financial, Inc. (b) |
44,416 | 368,653 | ||||||
Columbia Financial, Inc. (a) (b) |
11,020 | 232,853 | ||||||
Enact Holdings, Inc. (b) |
10,654 | 236,199 | ||||||
Essent Group, Ltd. |
36,237 | 1,263,584 | ||||||
Federal Agricultural Mortgage Corp.-Class C |
3,118 | 309,119 | ||||||
Flagstar Bancorp, Inc. |
17,902 | 597,927 | ||||||
Greene County Bancorp, Inc. (b) |
1,212 | 69,411 | ||||||
Hingham Institution for Savings (The) |
473 | 118,775 | ||||||
Home Bancorp, Inc. (b) |
2,776 | 108,236 | ||||||
Kearny Financial Corp. (b) |
20,997 | 222,988 | ||||||
Merchants Bancorp |
5,967 | 137,659 | ||||||
Mr Cooper Group, Inc. (a) |
24,143 | 977,791 | ||||||
NMI Holdings, Inc.-Class A (a) |
30,237 | 615,928 | ||||||
Northfield Bancorp, Inc. |
15,870 | 227,100 | ||||||
PCSB Financial Corp. |
4,598 | 82,442 | ||||||
PennyMac Financial Services, Inc. |
10,067 | 431,874 | ||||||
Provident Bancorp, Inc. (b) |
5,626 | 80,508 | ||||||
Provident Financial Services, Inc. |
24,532 | 478,374 | ||||||
Radian Group, Inc. |
55,579 | 1,072,119 | ||||||
Southern Missouri Bancorp, Inc. (b) |
3,031 | 154,672 | ||||||
TrustCo Bank Corp. |
5,837 | 183,399 | ||||||
Walker & Dunlop, Inc. |
10,258 | 858,902 | ||||||
Waterstone Financial, Inc. (b) |
8,351 | 134,952 | ||||||
WSFS Financial Corp. |
22,255 | 1,033,967 | ||||||
|
|
|||||||
10,929,635 | ||||||||
|
|
|||||||
Tobacco0.1% | ||||||||
22nd Century Group, Inc. (a)(b) |
55,086 | 51,081 | ||||||
Turning Point Brands, Inc. |
5,617 | 119,249 |
BHFTII-205
Table of Contents
Brighthouse Funds Trust II
MetLife Russell 2000 Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares |
Value | ||||||
Tobacco(Continued) | ||||||||
Universal Corp. |
8,059 | $ | 371,037 | |||||
Vector Group, Ltd. |
49,588 | 436,870 | ||||||
|
|
|||||||
978,237 | ||||||||
|
|
|||||||
Trading Companies & Distributors1.5% | ||||||||
Alta Equipment Group, Inc. (b) |
7,040 | 77,510 | ||||||
Applied Industrial Technologies, Inc. |
13,149 | 1,351,454 | ||||||
Beacon Roofing Supply, Inc. (a) (b) |
17,484 | 956,724 | ||||||
BlueLinx Holdings, Inc. (a)(b) |
3,473 | 215,673 | ||||||
Boise Cascade Co. |
13,372 | 795,099 | ||||||
Custom Truck One Source, Inc. (a) |
20,755 | 121,002 | ||||||
DXP Enterprises, Inc. (a) |
4,806 | 113,806 | ||||||
GATX Corp. (b) |
12,037 | 1,024,951 | ||||||
Global Industrial Co. (b) |
3,989 | 107,025 | ||||||
GMS, Inc. (a) |
14,713 | 588,667 | ||||||
H&E Equipment Services, Inc. |
10,452 | 296,210 | ||||||
Herc Holdings, Inc. |
8,653 | 898,874 | ||||||
Hudson Technologies, Inc. (a) (b) |
14,689 | 107,964 | ||||||
McGrath RentCorp (b) |
8,030 | 673,396 | ||||||
MRC Global, Inc. (a) |
28,411 | 204,275 | ||||||
NOW, Inc. (a) |
41,932 | 421,417 | ||||||
Rush Enterprises, Inc.Class A (b) |
13,925 | 610,750 | ||||||
Rush Enterprises, Inc.Class B |
2,388 | 114,409 | ||||||
Textainer Group Holdings, Ltd. (b) |
15,539 | 417,377 | ||||||
Titan Machinery, Inc. (a) |
6,041 | 170,719 | ||||||
Transcat, Inc. (a) (b) |
2,858 | 216,322 | ||||||
Triton International, Ltd. (b) |
21,046 | 1,151,848 | ||||||
Veritiv Corp. (a) (b) |
4,652 | 454,826 | ||||||
|
|
|||||||
11,090,298 | ||||||||
|
|
|||||||
Water Utilities0.4% | ||||||||
American States Water Co. |
12,645 | 985,678 | ||||||
Artesian Resources Corp.Class A (b) |
2,874 | 138,297 | ||||||
California Water Service Group (b) |
18,456 | 972,447 | ||||||
Middlesex Water Co. (b) |
5,991 | 462,505 | ||||||
Pure Cycle Corp. (a) (b) |
6,829 | 57,022 | ||||||
SJW Group |
9,303 | 535,853 | ||||||
York Water Co. (The) (b) |
5,110 | 196,377 | ||||||
|
|
|||||||
3,348,179 | ||||||||
|
|
|||||||
Wireless Telecommunication Services0.1% | ||||||||
Gogo, Inc. (a) |
16,484 | 199,786 | ||||||
Shenandoah Telecommunications Co. (b) |
16,904 | 287,706 | ||||||
Telephone & Data Systems, Inc. (b) |
34,718 | 482,580 | ||||||
United States Cellular Corp. (a) |
5,651 | 147,096 | ||||||
|
|
|||||||
1,117,168 | ||||||||
|
|
|||||||
Total Common Stocks |
746,385,893 | |||||||
|
|
|||||||
Mutual Funds 1.4% | ||||||||
Investment Company Securities1.4% | ||||||||
iShares Russell 2000 Index Fund (b) |
64,000 | 10,554,880 | ||||||
|
|
|||||||
Rights 0.0% |
| |||||||
Security Description | Shares/ Principal Amount* |
Value | ||||||
Biotechnology 0.0% | ||||||||
Tobira Therapeutics, Inc. Expires 12/31/28 (a) (c) (d) |
4,660 | 37,094 | ||||||
|
|
|||||||
Pharmaceuticals 0.0% | ||||||||
Zogenix, Inc., Expires 12/31/23 (a) (c) (d) |
24,868 | 16,910 | ||||||
|
|
|||||||
Total Rights |
54,004 | |||||||
|
|
|||||||
Warrants 0.0% | ||||||||
Energy Equipment & Services0.0% | ||||||||
Nabors Industries, Ltd. Expires 06/11/26 (a) |
882 | 16,008 | ||||||
|
|
|||||||
Escrow Shares 0.0% |
| |||||||
Food & Staples Retailing0.0% | ||||||||
Fresh Market, Inc. (c) (d) |
497 | 0 | ||||||
|
|
|||||||
Short-Term Investment 1.3% | ||||||||
U.S. Treasury1.3% | ||||||||
U.S. Treasury Bill |
9,625,000 | 9,619,760 | ||||||
|
|
|||||||
Total Short-Term Investments |
9,619,760 | |||||||
|
|
|||||||
Securities Lending Reinvestments (g) 26.1% |
|
|||||||
Certificates of Deposit14.5% | ||||||||
Bank of Montreal |
4,000,000 | 4,000,000 | ||||||
Bank of Montreal (Chicago) |
4,000,000 | 4,000,000 | ||||||
Bank of Nova Scotia |
2,000,000 | 1,999,080 | ||||||
3.470%, SOFR + 0.510%, 03/15/23 (h) |
5,000,000 | 5,000,000 | ||||||
3.520%, FEDEFF PRV + 0.440%, 01/09/23 (h) |
1,000,000 | 1,000,456 | ||||||
3.640%, SOFR + 0.680%, 08/16/23 (h) |
2,000,000 | 2,002,676 | ||||||
Barclays Bank plc |
5,000,000 | 4,998,340 | ||||||
BNP Paribas S.A. |
4,000,000 | 3,999,520 | ||||||
3.470%, SOFR + 0.510%, 03/15/23 (h) |
4,000,000 | 4,001,272 | ||||||
Canadian Imperial Bank of Commerce (NY) |
2,000,000 | 1,999,816 | ||||||
3.460%, SOFR + 0.500%, 03/03/23 (h) |
4,000,000 | 4,002,866 | ||||||
Citibank N.A. |
3,000,000 | 2,999,556 | ||||||
Commonwealth Bank of Australia |
3,000,000 | 3,000,636 |
BHFTII-206
Table of Contents
Brighthouse Funds Trust II
MetLife Russell 2000 Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Securities Lending Reinvestments (g)(Continued)
Security Description | Principal Amount |
Value | ||||||
Certificates of Deposit(Continued) | ||||||||
Credit Agricole S.A. |
3,000,000 | $ | 3,000,468 | |||||
Credit Industriel et Commercial |
4,000,000 | 4,000,468 | ||||||
Credit Industriel et Commercial (NY) |
3,000,000 | 3,000,138 | ||||||
Credit Suisse (NY) |
2,000,000 | 2,000,052 | ||||||
Mizuho Bank, Ltd. |
2,000,000 | 1,999,812 | ||||||
MUFG Bank Ltd. (NY) |
5,000,000 | 5,004,800 | ||||||
National Australia Bank, Ltd. |
2,000,000 | 2,000,000 | ||||||
Natixis S.A. (New York) |
3,000,000 | 3,001,338 | ||||||
Nordea Bank Abp (NY) |
2,000,000 | 2,001,334 | ||||||
3.510%, SOFR + 0.550%, 02/21/23 (h) |
5,000,000 | 5,005,350 | ||||||
Norinchukin Bank |
2,000,000 | 2,000,114 | ||||||
Rabobank (London) |
2,000,000 | 2,000,000 | ||||||
Royal Bank of Canada |
3,000,000 | 3,000,357 | ||||||
Standard Chartered Bank (NY) |
2,000,000 | 2,000,508 | ||||||
3.610%, FEDEFF PRV + 0.530%, 01/17/23 (h) |
2,000,000 | 2,001,262 | ||||||
Sumitomo Mitsui Banking Corp. |
4,000,000 | 4,000,912 | ||||||
3.370%, SOFR + 0.410%, 03/06/23 (h) |
3,000,000 | 3,000,666 | ||||||
Sumitomo Mitsui Trust Bank, Ltd. |
2,000,000 | 1,985,300 | ||||||
3.500%, SOFR + 0.540%, 01/10/23 (h) |
3,000,000 | 3,002,904 | ||||||
Svenska Handelsbanken AB |
5,000,000 | 5,000,285 | ||||||
3.580%, SOFR + 0.600%, 04/12/23 (h) |
2,000,000 | 2,002,664 | ||||||
Toronto-Dominion Bank (The) |
4,000,000 | 3,999,745 | ||||||
Westpac Banking Corp. |
2,000,000 | 1,999,380 | ||||||
3.510%, SOFR + 0.550%, 02/22/23 (h) |
1,000,000 | 1,000,958 | ||||||
|
|
|||||||
111,013,033 | ||||||||
|
|
|||||||
Commercial Paper1.7% | ||||||||
Australia & New Zealand Banking Group, Ltd. |
4,000,000 | 4,001,396 | ||||||
Macquarie Bank Ltd. |
1,000,000 | 1,000,272 | ||||||
Skandinaviska Enskilda Banken AB |
4,000,000 | 4,000,640 | ||||||
United Overseas Bank, Ltd. |
4,000,000 | 4,003,612 | ||||||
|
|
|||||||
13,005,920 | ||||||||
|
|
|||||||
Repurchase Agreements8.7% | ||||||||
Citigroup Global Markets, Inc. |
2,000,000 | 2,000,000 | ||||||
National Bank Financial, Inc. |
3,000,000 | 3,000,000 | ||||||
National Bank of Canada |
9,000,000 | 9,000,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.200%, due on 10/07/22 with a maturity value of $15,409,582; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 5.500%, maturity dates ranging from 11/03/22 - 02/15/52, and various Common Stock with an aggregate market value of $16,879,171. |
15,400,000 | 15,400,000 | ||||||
Natixis S.A. (New York) |
14,428,510 | 14,428,510 | ||||||
NBC Global Finance, Ltd. |
1,000,000 | 1,000,000 | ||||||
Societe Generale |
|
1,100,000 |
|
|
1,100,000 |
| ||
Repurchase Agreement dated 09/30/22 at 3.050%, due on 10/03/22 with a maturity value of $5,001,271; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 1.125%, maturity dates ranging from 03/09/23 - 05/15/40, and various Common Stock with an aggregate market value of $5,555,321. |
5,000,000 | 5,000,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.070%, due on 10/03/22 with a maturity value of $1,100,281; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 1.125%, maturity dates ranging from 03/09/23 - 05/15/40, and various Common Stock with an aggregate market value of $1,222,171. |
1,100,000 | 1,100,000 |
BHFTII-207
Table of Contents
Brighthouse Funds Trust II
MetLife Russell 2000 Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Securities Lending Reinvestments (g)(Continued)
* | Principal amount stated in U.S. dollars unless otherwise noted. | |||
(a) | Non-income producing security. | |||
(b) | All or a portion of the security was held on loan. As of September 30, 2022, the market value of securities loaned was $194,219,519 and the collateral received consisted of cash in the amount of $200,911,483 and non-cash collateral with a value of $1,498,833. The cash collateral investments are disclosed in the Schedule of Investments and categorized as Securities Lending Reinvestments. The non-cash collateral received consists of U.S. government securities that are held in safe-keeping by the lending agent, or a third-party custodian, and cannot be sold or repledged by the Portfolio. | |||
(c) | Security was valued in good faith under procedures approved by the Board of Trustees. As of September 30, 2022, these securities represent less than 0.05% of net assets. | |||
(d) | Significant unobservable inputs were used in the valuation of this portfolio security; i.e. Level 3. | |||
(e) | All or a portion of the security was pledged as collateral against open futures contracts. As of September 30, 2022, the market value of securities pledged was $3,208,126. | |||
(f) | The rate shown represents current yield to maturity. | |||
(g) | Represents investment of cash collateral received from securities on loan as of September 30, 2022. | |||
(h) | Variable or floating rate security. The stated rate represents the rate at September 30, 2022. Maturity date shown for callable securities reflects the earliest possible call date. For securities based on a published reference index and spread, the index and spread are indicated in the description above. For certain variable rate securities, the coupon rate is determined by the issuer/agent based on current market conditions. For certain asset- and mortgage-backed securities, the coupon rate may fluctuate based on changes of the underlying collateral or prepayments of principal. These securities do not indicate a reference index and spread in their description above. | |||
(i) | The rate shown represents the annualized seven-day yield as of September 30, 2022. |
Security Description | Shares/ Principal Amount |
Value | ||||||
Repurchase Agreements(Continued) | ||||||||
Societe Generale |
2,000,000 | $ | 2,000,000 | |||||
Repurchase Agreement dated 09/30/22 at 3.170%, due on 10/07/22 with a maturity value of $3,902,404; collateralized by various Common Stock with an aggregate market value of $4,338,559. |
3,900,000 | 3,900,000 | ||||||
TD Prime Services LLC |
| |||||||
Repurchase Agreement dated 09/30/22 at 3.150%, due on 10/03/22 with a maturity value of $9,002,363; collateralized by various Common Stock with an aggregate market value of $9,902,599. |
9,000,000 | 9,000,000 | ||||||
|
|
|||||||
66,928,510 | ||||||||
|
|
|||||||
Time Deposit 0.6% | ||||||||
National Bank of Canada |
5,000,000 | 5,000,000 | ||||||
|
|
|||||||
Mutual Funds0.6% | ||||||||
HSBC U.S. Government Money Market Fund, Class I |
5,000,000 | 5,000,000 | ||||||
|
|
|||||||
Total Securities Lending Reinvestments |
200,947,463 | |||||||
|
|
|||||||
Total Investments126.3% |
967,578,008 | |||||||
Other assets and liabilities (net)(26.3)% |
(201,777,370 | ) | ||||||
|
|
|||||||
Net Assets 100.0% | $ | 765,800,638 | ||||||
|
|
Futures Contracts
Futures Contracts - Long |
Expiration Date |
Number of Contracts |
Notional Amount |
Value/ Unrealized Appreciation/ (Depreciation) |
||||||||||||||||
Russell 2000 Index E-Mini Futures |
12/16/22 | 100 | USD | 8,349,000 | $ | (833,905 | ) | |||||||||||||
|
|
Glossary of Abbreviations
Currencies
(USD) | United States Dollar |
Index Abbreviations
(FEDEFF PRV) | Effective Federal Funds Rate | |||
(OBFR) | U.S. Overnight Bank Funding Rate | |||
(SOFR) | Secured Overnight Financing Rate |
Other Abbreviations
(REIT) | Real Estate Investment Trust |
BHFTII-208
Table of Contents
Brighthouse Funds Trust II
MetLife Russell 2000 Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Total Common Stocks* |
746,385,893 | | | 746,385,893 | ||||||||||||
Total Mutual Funds* |
10,554,880 | | | 10,554,880 | ||||||||||||
Total Rights* |
| | 54,004 | 54,004 | ||||||||||||
Total Warrants* |
16,008 | | | 16,008 | ||||||||||||
Total Short-Term Investment* |
| 9,619,760 | | 9,619,760 | ||||||||||||
Securities Lending Reinvestments |
| |||||||||||||||
Certificates of Deposit |
| 111,013,033 | | 111,013,033 | ||||||||||||
Commercial Paper |
| 13,005,920 | | 13,005,920 | ||||||||||||
Repurchase Agreements |
| 66,928,510 | | 66,928,510 | ||||||||||||
Time Deposit |
| 5,000,000 | | 5,000,000 | ||||||||||||
Mutual Funds |
5,000,000 | | | 5,000,000 | ||||||||||||
Total Securities Lending Reinvestments |
5,000,000 | 195,947,463 | | 200,947,463 | ||||||||||||
Total Investments |
$ | 761,956,781 | $ | 205,567,223 | $ | 54,004 | $ | 967,578,008 | ||||||||
Collateral for Securities Loaned (Liability) |
$ | | $ | (200,911,483 | ) | $ | | $ | (200,911,483 | ) | ||||||
Futures Contracts |
| |||||||||||||||
Futures Contracts (Unrealized Depreciation) |
$ | (833,905 | ) | $ | | $ | | $ | (833,905 | ) |
* | See Schedule of Investments for additional detailed categorizations. |
Level 3 investments at the beginning and/or end of the period in relation to net assets were not significant and accordingly, a reconciliation of Level 3 assets for the period ended September 30, 2022 is not presented.
BHFTII-209
Table of Contents
Brighthouse Funds Trust II
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks98.3% of Net Assets
Security Description | Shares | Value | ||||||
Aerospace & Defense1.6% | ||||||||
Boeing Co. (The) (a) (b) |
114,310 | $ | 13,840,655 | |||||
General Dynamics Corp. |
46,053 | 9,771,065 | ||||||
Howmet Aerospace, Inc. |
75,712 | 2,341,772 | ||||||
Huntington Ingalls Industries, Inc. |
8,181 | 1,812,091 | ||||||
L3Harris Technologies, Inc. (b) |
39,187 | 8,144,234 | ||||||
Lockheed Martin Corp. (b) |
48,328 | 18,668,623 | ||||||
Northrop Grumman Corp. (b) |
29,782 | 14,007,070 | ||||||
Raytheon Technologies Corp. |
302,374 | 24,752,336 | ||||||
Textron, Inc. |
43,319 | 2,523,765 | ||||||
TransDigm Group, Inc. |
10,552 | 5,537,901 | ||||||
|
|
|||||||
101,399,512 | ||||||||
|
|
|||||||
Air Freight & Logistics0.6% | ||||||||
C.H. Robinson Worldwide, Inc. (b) |
25,370 | 2,443,385 | ||||||
Expeditors International of Washington, Inc. (b) |
33,502 | 2,958,561 | ||||||
FedEx Corp. (b) |
48,957 | 7,268,646 | ||||||
United Parcel Service, Inc. - Class B |
149,876 | 24,210,969 | ||||||
|
|
|||||||
36,881,561 | ||||||||
|
|
|||||||
Airlines0.2% | ||||||||
Alaska Air Group, Inc. (a) (b) |
25,960 | 1,016,334 | ||||||
American Airlines Group, Inc. (a) (b) |
133,081 | 1,602,295 | ||||||
Delta Air Lines, Inc. (a) |
131,310 | 3,684,559 | ||||||
Southwest Airlines Co. (a) |
121,511 | 3,747,399 | ||||||
United Airlines Holdings, Inc. (a) (b) |
66,913 | 2,176,680 | ||||||
|
|
|||||||
12,227,267 | ||||||||
|
|
|||||||
Auto Components0.1% | ||||||||
Aptiv plc (a) |
55,484 | 4,339,404 | ||||||
BorgWarner, Inc. (b) |
48,500 | 1,522,900 | ||||||
|
|
|||||||
5,862,304 | ||||||||
|
|
|||||||
Automobiles2.6% | ||||||||
Ford Motor Co. (b) |
808,792 | 9,058,470 | ||||||
General Motors Co. |
298,592 | 9,581,817 | ||||||
Tesla, Inc. (a) |
545,446 | 144,679,552 | ||||||
|
|
|||||||
163,319,839 | ||||||||
|
|
|||||||
Banks3.6% | ||||||||
Bank of America Corp. |
1,431,612 | 43,234,682 | ||||||
Citigroup, Inc. |
396,617 | 16,527,030 | ||||||
Citizens Financial Group, Inc. |
101,502 | 3,487,609 | ||||||
Comerica, Inc. |
26,790 | 1,904,769 | ||||||
Fifth Third Bancorp |
140,524 | 4,491,147 | ||||||
First Republic Bank |
37,418 | 4,884,920 | ||||||
Huntington Bancshares, Inc. (b) |
295,346 | 3,892,660 | ||||||
JPMorgan Chase & Co. |
600,559 | 62,758,416 | ||||||
KeyCorp (b) |
190,998 | 3,059,788 | ||||||
M&T Bank Corp. (b) |
35,964 | 6,341,173 | ||||||
PNC Financial Services Group, Inc. (The) (b) |
83,989 | 12,549,636 | ||||||
Regions Financial Corp. (b) |
191,354 | 3,840,475 | ||||||
Signature Bank |
12,887 | 1,945,937 | ||||||
SVB Financial Group (a) |
12,099 | 4,062,602 | ||||||
Truist Financial Corp. |
271,631 | 11,826,814 | ||||||
U.S. Bancorp |
276,888 | 11,164,124 | ||||||
Banks(Continued) | ||||||||
Wells Fargo & Co. |
776,776 | 31,241,931 | ||||||
Zions Bancorp N.A. |
30,814 | 1,567,200 | ||||||
|
|
|||||||
228,780,913 | ||||||||
|
|
|||||||
Beverages1.8% | ||||||||
Brown-Forman Corp. - Class B (b) |
37,443 | 2,492,580 | ||||||
Coca-Cola Co. (The) |
797,074 | 44,652,085 | ||||||
Constellation Brands, Inc. - Class A |
32,629 | 7,494,229 | ||||||
Keurig Dr Pepper, Inc. (b) |
173,997 | 6,232,573 | ||||||
Molson Coors Beverage Co. - Class B (b) |
38,540 | 1,849,535 | ||||||
Monster Beverage Corp. (a) (b) |
78,767 | 6,849,578 | ||||||
PepsiCo, Inc. |
282,627 | 46,141,684 | ||||||
|
|
|||||||
115,712,264 | ||||||||
|
|
|||||||
Biotechnology2.2% | ||||||||
AbbVie, Inc. (b) |
362,087 | 48,595,696 | ||||||
Amgen, Inc. (b) |
109,548 | 24,692,119 | ||||||
Biogen, Inc. (a) |
29,718 | 7,934,706 | ||||||
Gilead Sciences, Inc. |
256,676 | 15,834,342 | ||||||
Incyte Corp. (a) |
37,807 | 2,519,459 | ||||||
Moderna, Inc. (a) (b) |
68,898 | 8,147,189 | ||||||
Regeneron Pharmaceuticals, Inc. (a) |
21,952 | 15,122,074 | ||||||
Vertex Pharmaceuticals, Inc. (a) |
52,520 | 15,206,641 | ||||||
|
|
|||||||
138,052,226 | ||||||||
|
|
|||||||
Building Products0.4% | ||||||||
A.O. Smith Corp. (b) |
26,310 | 1,278,140 | ||||||
Allegion plc (b) |
17,988 | 1,613,164 | ||||||
Carrier Global Corp. |
172,347 | 6,128,659 | ||||||
Fortune Brands Home & Security, Inc. |
26,482 | 1,421,819 | ||||||
Johnson Controls International plc (b) |
141,060 | 6,942,973 | ||||||
Masco Corp. (b) |
46,184 | 2,156,331 | ||||||
Trane Technologies plc |
47,453 | 6,871,669 | ||||||
|
|
|||||||
26,412,755 | ||||||||
|
|
|||||||
Capital Markets2.9% | ||||||||
Ameriprise Financial, Inc. |
22,151 | 5,580,945 | ||||||
Bank of New York Mellon Corp. (The) |
150,596 | 5,800,958 | ||||||
BlackRock, Inc. |
30,876 | 16,990,445 | ||||||
Cboe Global Markets, Inc. |
21,720 | 2,549,276 | ||||||
Charles Schwab Corp. (The) |
312,702 | 22,473,893 | ||||||
CME Group, Inc. |
73,608 | 13,038,185 | ||||||
FactSet Research Systems, Inc. (b) |
7,778 | 3,112,056 | ||||||
Franklin Resources, Inc. (b) |
58,173 | 1,251,883 | ||||||
Goldman Sachs Group, Inc. (The) |
69,906 | 20,485,953 | ||||||
Intercontinental Exchange, Inc. |
114,366 | 10,332,968 | ||||||
Invesco, Ltd. (b) |
93,158 | 1,276,265 | ||||||
MarketAxess Holdings, Inc. |
7,708 | 1,714,953 | ||||||
Moodys Corp. |
32,318 | 7,856,829 | ||||||
Morgan Stanley (b) |
274,238 | 21,667,544 | ||||||
MSCI, Inc. |
16,486 | 6,953,630 | ||||||
Nasdaq, Inc. (b) |
69,412 | 3,934,272 | ||||||
Northern Trust Corp. |
42,675 | 3,651,273 | ||||||
Raymond James Financial, Inc. |
39,778 | 3,930,862 | ||||||
S&P Global, Inc. |
69,772 | 21,304,880 |
BHFTII-210
Table of Contents
Brighthouse Funds Trust II
MetLife Stock Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Capital Markets(Continued) | ||||||||
State Street Corp. |
75,284 | $ | 4,578,020 | |||||
T. Rowe Price Group, Inc. (b) |
46,219 | 4,853,457 | ||||||
|
|
|||||||
183,338,547 | ||||||||
|
|
|||||||
Chemicals1.7% | ||||||||
Air Products & Chemicals, Inc. (b) |
45,422 | 10,571,062 | ||||||
Albemarle Corp. |
23,987 | 6,343,122 | ||||||
Celanese Corp. |
20,413 | 1,844,110 | ||||||
CF Industries Holdings, Inc. |
40,806 | 3,927,578 | ||||||
Corteva, Inc. |
147,161 | 8,410,251 | ||||||
Dow, Inc. |
147,073 | 6,460,917 | ||||||
DuPont de Nemours, Inc. |
102,579 | 5,169,982 | ||||||
Eastman Chemical Co. |
25,149 | 1,786,836 | ||||||
Ecolab, Inc. |
50,776 | 7,333,070 | ||||||
FMC Corp. |
25,795 | 2,726,532 | ||||||
International Flavors & Fragrances, Inc. |
52,210 | 4,742,234 | ||||||
Linde plc |
102,060 | 27,514,355 | ||||||
LyondellBasell Industries NV - Class A (b) |
52,106 | 3,922,540 | ||||||
Mosaic Co. (The) |
70,707 | 3,417,269 | ||||||
PPG Industries, Inc. |
48,125 | 5,326,956 | ||||||
Sherwin-Williams Co. (The) |
48,301 | 9,889,630 | ||||||
|
|
|||||||
109,386,444 | ||||||||
|
|
|||||||
Commercial Services & Supplies0.5% | ||||||||
Cintas Corp. |
17,614 | 6,837,579 | ||||||
Copart, Inc. (a) |
43,805 | 4,660,852 | ||||||
Republic Services, Inc. |
42,055 | 5,721,162 | ||||||
Rollins, Inc. (b) |
47,395 | 1,643,659 | ||||||
Waste Management, Inc. |
77,029 | 12,340,816 | ||||||
|
|
|||||||
31,204,068 | ||||||||
|
|
|||||||
Communications Equipment0.8% | ||||||||
Arista Networks, Inc. (a) |
50,474 | 5,698,010 | ||||||
Cisco Systems, Inc. |
848,025 | 33,921,000 | ||||||
F5, Inc. (a) |
12,198 | 1,765,416 | ||||||
Juniper Networks, Inc. |
66,066 | 1,725,644 | ||||||
Motorola Solutions, Inc. (b) |
34,176 | 7,654,399 | ||||||
|
|
|||||||
50,764,469 | ||||||||
|
|
|||||||
Construction & Engineering0.1% | ||||||||
Quanta Services, Inc. (b) |
29,289 | 3,731,126 | ||||||
|
|
|||||||
Construction Materials0.1% | ||||||||
Martin Marietta Materials, Inc. |
12,774 | 4,114,378 | ||||||
Vulcan Materials Co. |
27,217 | 4,292,393 | ||||||
|
|
|||||||
8,406,771 | ||||||||
|
|
|||||||
Consumer Finance0.5% | ||||||||
American Express Co. |
122,832 | 16,571,265 | ||||||
Capital One Financial Corp. |
78,601 | 7,244,654 | ||||||
Discover Financial Services |
55,942 | 5,086,247 | ||||||
Synchrony Financial |
98,659 | 2,781,197 | ||||||
|
|
|||||||
31,683,363 | ||||||||
|
|
|||||||
Containers & Packaging0.3% | ||||||||
AMCOR plc (b) |
307,750 | 3,302,158 | ||||||
Avery Dennison Corp. |
16,640 | 2,707,328 | ||||||
Ball Corp. |
64,366 | 3,110,165 | ||||||
International Paper Co. |
74,137 | 2,350,143 | ||||||
Packaging Corp. of America (b) |
19,197 | 2,155,631 | ||||||
Sealed Air Corp. (b) |
29,740 | 1,323,727 | ||||||
Westrock Co. |
52,077 | 1,608,659 | ||||||
|
|
|||||||
16,557,811 | ||||||||
|
|
|||||||
Distributors0.2% | ||||||||
Genuine Parts Co. |
28,963 | 4,324,755 | ||||||
LKQ Corp. (b) |
53,382 | 2,516,961 | ||||||
Pool Corp. (b) |
8,108 | 2,580,047 | ||||||
|
|
|||||||
9,421,763 | ||||||||
|
|
|||||||
Diversified Financial Services1.6% | ||||||||
Berkshire Hathaway, Inc. - Class B (a) |
369,610 | 98,693,262 | ||||||
|
|
|||||||
Diversified Telecommunication Services0.9% | ||||||||
AT&T, Inc. |
1,459,329 | 22,386,107 | ||||||
Lumen Technologies, Inc. (b) |
195,064 | 1,420,066 | ||||||
Verizon Communications, Inc. |
860,057 | 32,656,364 | ||||||
|
|
|||||||
56,462,537 | ||||||||
|
|
|||||||
Electric Utilities2.0% | ||||||||
Alliant Energy Corp. |
51,386 | 2,722,944 | ||||||
American Electric Power Co., Inc. |
105,207 | 9,095,145 | ||||||
Constellation Energy Corp. |
66,934 | 5,568,239 | ||||||
Duke Energy Corp. |
157,681 | 14,667,487 | ||||||
Edison International |
78,113 | 4,419,634 | ||||||
Entergy Corp. (b) |
41,658 | 4,192,045 | ||||||
Evergy, Inc. |
47,003 | 2,791,978 | ||||||
Eversource Energy |
70,947 | 5,531,028 | ||||||
Exelon Corp. |
203,101 | 7,608,163 | ||||||
FirstEnergy Corp. |
111,164 | 4,113,068 | ||||||
NextEra Energy, Inc. (b) |
402,365 | 31,549,440 | ||||||
NRG Energy, Inc. (b) |
48,155 | 1,842,892 | ||||||
PG&E Corp. (a) |
329,713 | 4,121,412 | ||||||
Pinnacle West Capital Corp. |
23,150 | 1,493,406 | ||||||
PPL Corp. |
150,762 | 3,821,817 | ||||||
Southern Co. (The) |
217,691 | 14,802,988 | ||||||
Xcel Energy, Inc. |
112,017 | 7,169,088 | ||||||
|
|
|||||||
125,510,774 | ||||||||
|
|
|||||||
Electrical Equipment0.5% | ||||||||
AMETEK, Inc. |
47,015 | 5,331,971 | ||||||
Eaton Corp. plc |
81,567 | 10,877,775 | ||||||
Emerson Electric Co. |
121,091 | 8,866,283 | ||||||
Generac Holdings, Inc. (a) |
13,072 | 2,328,646 | ||||||
Rockwell Automation, Inc. (b) |
23,640 | 5,085,201 | ||||||
|
|
|||||||
32,489,876 | ||||||||
|
|
BHFTII-211
Table of Contents
Brighthouse Funds Trust II
MetLife Stock Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Electronic Equipment, Instruments & Components0.6% | ||||||||
Amphenol Corp. - Class A |
121,814 | $ | 8,156,665 | |||||
CDW Corp. |
27,696 | 4,322,792 | ||||||
Corning, Inc. (b) |
155,800 | 4,521,316 | ||||||
Keysight Technologies, Inc. (a) |
36,851 | 5,798,873 | ||||||
TE Connectivity, Ltd. |
65,499 | 7,228,470 | ||||||
Teledyne Technologies, Inc. (a) |
9,598 | 3,239,037 | ||||||
Trimble, Inc. (a) (b) |
50,717 | 2,752,412 | ||||||
Zebra Technologies Corp. - Class A (a) (b) |
10,606 | 2,778,878 | ||||||
|
|
|||||||
38,798,443 | ||||||||
|
|
|||||||
Energy Equipment & Services0.3% | ||||||||
Baker Hughes Co. (b) |
207,196 | 4,342,828 | ||||||
Halliburton Co. |
185,732 | 4,572,722 | ||||||
Schlumberger NV (b) |
289,651 | 10,398,471 | ||||||
|
|
|||||||
19,314,021 | ||||||||
|
|
|||||||
Entertainment1.3% | ||||||||
Activision Blizzard, Inc. |
145,789 | 10,837,955 | ||||||
Electronic Arts, Inc. |
54,093 | 6,259,101 | ||||||
Live Nation Entertainment, Inc. (a) (b) |
29,096 | 2,212,460 | ||||||
Netflix, Inc. (a) |
91,071 | 21,441,756 | ||||||
Take-Two Interactive Software, Inc. (a) (b) |
32,088 | 3,497,592 | ||||||
Walt Disney Co. (The) (a) |
373,343 | 35,217,445 | ||||||
Warner Bros Discovery, Inc. (a) (b) |
452,402 | 5,202,623 | ||||||
|
|
|||||||
84,668,932 | ||||||||
|
|
|||||||
Equity Real Estate Investment Trusts2.7% | ||||||||
Alexandria Real Estate Equities, Inc. (b) |
30,408 | 4,262,898 | ||||||
American Tower Corp. |
95,347 | 20,471,001 | ||||||
AvalonBay Communities, Inc. |
28,636 | 5,274,465 | ||||||
Boston Properties, Inc. (b) |
29,208 | 2,189,724 | ||||||
Camden Property Trust |
21,816 | 2,605,921 | ||||||
Crown Castle, Inc. |
88,682 | 12,818,983 | ||||||
Digital Realty Trust, Inc. (b) |
58,858 | 5,837,536 | ||||||
Duke Realty Corp. |
78,842 | 3,800,184 | ||||||
Equinix, Inc. |
18,652 | 10,610,004 | ||||||
Equity Residential |
69,322 | 4,659,825 | ||||||
Essex Property Trust, Inc. |
13,337 | 3,230,621 | ||||||
Extra Space Storage, Inc. (b) |
27,424 | 4,736,399 | ||||||
Federal Realty OP L.P. (b) |
14,912 | 1,343,869 | ||||||
Healthpeak Properties, Inc. (b) |
110,500 | 2,532,660 | ||||||
Host Hotels & Resorts, Inc. (b) |
146,402 | 2,324,864 | ||||||
Invitation Homes, Inc. |
118,745 | 4,010,019 | ||||||
Iron Mountain, Inc. (b) |
59,529 | 2,617,490 | ||||||
Kimco Realty Corp. (b) |
126,658 | 2,331,774 | ||||||
Mid-America Apartment Communities, Inc. |
23,641 | 3,666,010 | ||||||
Prologis, Inc. (b) |
151,621 | 15,404,694 | ||||||
Public Storage |
32,354 | 9,473,575 | ||||||
Realty Income Corp. |
126,473 | 7,360,729 | ||||||
Regency Centers Corp. |
31,538 | 1,698,321 | ||||||
SBA Communications Corp. |
22,092 | 6,288,488 | ||||||
Simon Property Group, Inc. |
67,038 | 6,016,660 | ||||||
UDR, Inc. |
62,548 | 2,608,877 | ||||||
Ventas, Inc. |
81,856 | 3,288,156 | ||||||
Equity Real Estate Investment Trusts(Continued) | ||||||||
VICI Properties, Inc. |
197,231 | 5,887,345 | ||||||
Vornado Realty Trust (b) |
32,989 | 764,025 | ||||||
Welltower, Inc. (b) |
94,893 | 6,103,518 | ||||||
Weyerhaeuser Co. |
151,608 | 4,329,924 | ||||||
|
|
|||||||
168,548,559 | ||||||||
|
|
|||||||
Food & Staples Retailing1.6% | ||||||||
Costco Wholesale Corp. |
90,714 | 42,841,501 | ||||||
Kroger Co. (The) |
133,350 | 5,834,062 | ||||||
Sysco Corp. |
104,335 | 7,377,528 | ||||||
Walgreens Boots Alliance, Inc. |
146,902 | 4,612,723 | ||||||
Walmart, Inc. |
291,906 | 37,860,208 | ||||||
|
|
|||||||
98,526,022 | ||||||||
|
|
|||||||
Food Products1.1% | ||||||||
Archer-Daniels-Midland Co. (b) |
114,797 | 9,235,418 | ||||||
Campbell Soup Co. (b) |
41,241 | 1,943,276 | ||||||
Conagra Brands, Inc. |
98,317 | 3,208,084 | ||||||
General Mills, Inc. (b) |
121,995 | 9,346,037 | ||||||
Hershey Co. (The) |
30,078 | 6,631,297 | ||||||
Hormel Foods Corp. (b) |
59,268 | 2,693,138 | ||||||
J.M. Smucker Co. (The) (b) |
21,822 | 2,998,561 | ||||||
Kellogg Co. |
52,238 | 3,638,899 | ||||||
Kraft Heinz Co. (The) (b) |
163,122 | 5,440,119 | ||||||
Lamb Weston Holdings, Inc. (b) |
29,432 | 2,277,448 | ||||||
McCormick & Co., Inc. (b) |
51,294 | 3,655,723 | ||||||
Mondelez International, Inc. - Class A |
280,677 | 15,389,520 | ||||||
Tyson Foods, Inc. - Class A |
59,310 | 3,910,308 | ||||||
|
|
|||||||
70,367,828 | ||||||||
|
|
|||||||
Gas Utilities0.0% | ||||||||
Atmos Energy Corp. (b) |
28,648 | 2,917,799 | ||||||
|
|
|||||||
Health Care Equipment & Supplies2.6% | ||||||||
Abbott Laboratories |
358,631 | 34,701,135 | ||||||
ABIOMED, Inc. (a) (b) |
9,310 | 2,287,095 | ||||||
Align Technology, Inc. (a) (b) |
14,876 | 3,080,968 | ||||||
Baxter International, Inc. |
103,134 | 5,554,797 | ||||||
Becton Dickinson & Co. (b) |
58,405 | 13,014,386 | ||||||
Boston Scientific Corp. (a) |
293,179 | 11,354,823 | ||||||
Cooper Cos., Inc. (The) |
10,104 | 2,666,446 | ||||||
Dentsply Sirona, Inc. |
44,122 | 1,250,859 | ||||||
DexCom, Inc. (a) (b) |
80,396 | 6,475,094 | ||||||
Edwards Lifesciences Corp. (a) |
126,957 | 10,490,457 | ||||||
Hologic, Inc. (a) (b) |
51,126 | 3,298,649 | ||||||
IDEXX Laboratories, Inc. (a) (b) |
17,050 | 5,554,890 | ||||||
Intuitive Surgical, Inc. (a) |
73,133 | 13,708,049 | ||||||
Medtronic plc |
272,105 | 21,972,479 | ||||||
ResMed, Inc. |
29,986 | 6,545,944 | ||||||
STERIS plc (b) |
20,482 | 3,405,747 | ||||||
Stryker Corp. (b) |
68,954 | 13,965,943 | ||||||
Teleflex, Inc. (b) |
9,606 | 1,935,225 | ||||||
Zimmer Biomet Holdings, Inc. |
42,969 | 4,492,409 | ||||||
|
|
|||||||
165,755,395 | ||||||||
|
|
BHFTII-212
Table of Contents
Brighthouse Funds Trust II
MetLife Stock Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Health Care Providers & Services3.6% | ||||||||
AmerisourceBergen Corp. |
31,833 | $ | 4,307,960 | |||||
Cardinal Health, Inc. (b) |
55,790 | 3,720,077 | ||||||
Centene Corp. (a) |
117,053 | 9,107,894 | ||||||
Cigna Corp. |
62,485 | 17,337,713 | ||||||
CVS Health Corp. |
268,853 | 25,640,511 | ||||||
DaVita, Inc. (a) (b) |
11,405 | 943,992 | ||||||
Elevance Health, Inc. |
49,150 | 22,325,896 | ||||||
HCA Healthcare, Inc. |
44,085 | 8,102,382 | ||||||
Henry Schein, Inc. (a) (b) |
27,874 | 1,833,273 | ||||||
Humana, Inc. |
25,917 | 12,574,669 | ||||||
Laboratory Corp. of America Holdings |
18,513 | 3,791,648 | ||||||
McKesson Corp. (b) |
29,435 | 10,004,073 | ||||||
Molina Healthcare, Inc. (a) |
11,898 | 3,924,436 | ||||||
Quest Diagnostics, Inc. |
23,879 | 2,929,715 | ||||||
UnitedHealth Group, Inc. |
191,557 | 96,743,947 | ||||||
Universal Health Services, Inc. - Class B (b) |
13,458 | 1,186,726 | ||||||
|
|
|||||||
224,474,912 | ||||||||
|
|
|||||||
Hotels, Restaurants & Leisure1.9% | ||||||||
Booking Holdings, Inc. (a) |
8,132 | 13,362,584 | ||||||
Caesars Entertainment, Inc. (a) |
43,910 | 1,416,537 | ||||||
Carnival Corp. (a) (b) |
202,143 | 1,421,065 | ||||||
Chipotle Mexican Grill, Inc. (a) |
5,686 | 8,544,693 | ||||||
Darden Restaurants, Inc. (b) |
25,103 | 3,171,011 | ||||||
Dominos Pizza, Inc. (b) |
7,349 | 2,279,660 | ||||||
Expedia Group, Inc. (a) |
31,135 | 2,917,038 | ||||||
Hilton Worldwide Holdings, Inc. (b) |
56,171 | 6,775,346 | ||||||
Las Vegas Sands Corp. (a) (b) |
67,291 | 2,524,758 | ||||||
Marriott International, Inc. - Class A |
56,495 | 7,917,209 | ||||||
McDonalds Corp. |
150,667 | 34,764,904 | ||||||
MGM Resorts International (b) |
66,817 | 1,985,801 | ||||||
Norwegian Cruise Line Holdings, Ltd. (a) (b) |
86,295 | 980,311 | ||||||
Royal Caribbean Cruises, Ltd. (a) (b) |
44,920 | 1,702,468 | ||||||
Starbucks Corp. (b) |
234,975 | 19,798,994 | ||||||
Wynn Resorts, Ltd. (a) (b) |
21,194 | 1,335,858 | ||||||
Yum! Brands, Inc. |
58,271 | 6,196,538 | ||||||
|
|
|||||||
117,094,775 | ||||||||
|
|
|||||||
Household Durables0.3% | ||||||||
DR Horton, Inc. (b) |
64,755 | 4,361,249 | ||||||
Garmin, Ltd. |
31,595 | 2,537,394 | ||||||
Lennar Corp. - Class A (b) |
52,218 | 3,892,852 | ||||||
Mohawk Industries, Inc. (a) |
10,799 | 984,761 | ||||||
Newell Brands, Inc. (b) |
77,077 | 1,070,600 | ||||||
NVR, Inc. (a) (b) |
632 | 2,519,835 | ||||||
PulteGroup, Inc. (b) |
47,408 | 1,777,800 | ||||||
Whirlpool Corp. (b) |
11,163 | 1,504,884 | ||||||
|
|
|||||||
18,649,375 | ||||||||
|
|
|||||||
Household Products1.4% | ||||||||
Church & Dwight Co., Inc. |
49,745 | 3,553,783 | ||||||
Clorox Co. (The) (b) |
25,222 | 3,238,253 | ||||||
Colgate-Palmolive Co. |
170,818 | 11,999,964 | ||||||
Kimberly-Clark Corp. (b) |
69,141 | 7,781,128 | ||||||
Procter & Gamble Co. (The) |
489,355 | 61,781,069 | ||||||
|
|
|||||||
88,354,197 | ||||||||
|
|
|||||||
Independent Power and Renewable Electricity Producers0.0% | ||||||||
AES Corp. (The) (b) |
136,785 | 3,091,341 | ||||||
|
|
|||||||
Industrial Conglomerates0.8% | ||||||||
3M Co. |
113,374 | 12,527,827 | ||||||
General Electric Co. |
224,562 | 13,902,633 | ||||||
Honeywell International, Inc. |
137,965 | 23,036,016 | ||||||
|
|
|||||||
49,466,476 | ||||||||
|
|
|||||||
Insurance2.2% | ||||||||
Aflac, Inc. |
117,763 | 6,618,281 | ||||||
Allstate Corp. (The) (b) |
55,354 | 6,893,234 | ||||||
American International Group, Inc. |
155,725 | 7,393,823 | ||||||
Aon plc - Class A (b) |
43,196 | 11,570,913 | ||||||
Arthur J. Gallagher & Co. |
43,075 | 7,375,301 | ||||||
Assurant, Inc. (b) |
10,897 | 1,583,007 | ||||||
Brown & Brown, Inc. |
48,010 | 2,903,645 | ||||||
Chubb, Ltd. |
85,528 | 15,555,833 | ||||||
Cincinnati Financial Corp. (b) |
32,602 | 2,920,161 | ||||||
Everest Re Group, Ltd. |
8,071 | 2,118,153 | ||||||
Globe Life, Inc. |
18,557 | 1,850,133 | ||||||
Hartford Financial Services Group, Inc. (The) |
66,176 | 4,098,941 | ||||||
Lincoln National Corp. |
31,723 | 1,392,957 | ||||||
Loews Corp. |
40,955 | 2,041,197 | ||||||
Marsh & McLennan Cos., Inc. |
102,194 | 15,256,542 | ||||||
MetLife, Inc. (c) |
137,208 | 8,339,502 | ||||||
Principal Financial Group, Inc. (b) |
47,468 | 3,424,816 | ||||||
Progressive Corp. (The) |
119,784 | 13,920,099 | ||||||
Prudential Financial, Inc. (b) |
76,181 | 6,534,806 | ||||||
Travelers Cos., Inc. (The) |
48,599 | 7,445,367 | ||||||
W.R. Berkley Corp. |
41,830 | 2,701,381 | ||||||
Willis Towers Watson plc (b) |
22,520 | 4,525,169 | ||||||
|
|
|||||||
136,463,261 | ||||||||
|
|
|||||||
Interactive Media & Services4.7% | ||||||||
Alphabet, Inc. - Class A (a) |
1,227,917 | 117,450,261 | ||||||
Alphabet, Inc. - Class C (a) (d) |
1,098,041 | 105,576,642 | ||||||
Match Group, Inc. (a) |
57,952 | 2,767,208 | ||||||
Meta Platforms, Inc. - Class A (a) |
467,057 | 63,370,294 | ||||||
Twitter, Inc. (a) |
137,692 | 6,036,417 | ||||||
|
|
|||||||
295,200,822 | ||||||||
|
|
|||||||
Internet & Direct Marketing Retail3.4% | ||||||||
Amazon.com, Inc. (a) |
1,815,084 | 205,104,492 | ||||||
eBay, Inc. |
112,504 | 4,141,272 | ||||||
Etsy, Inc. (a) (b) |
25,928 | 2,596,171 | ||||||
|
|
|||||||
211,841,935 | ||||||||
|
|
|||||||
IT Services4.3% | ||||||||
Accenture plc - Class A |
129,539 | 33,330,385 | ||||||
Akamai Technologies, Inc. (a) (b) |
32,552 | 2,614,577 | ||||||
Automatic Data Processing, Inc. |
85,094 | 19,247,412 | ||||||
Broadridge Financial Solutions, Inc. |
24,007 | 3,464,690 | ||||||
Cognizant Technology Solutions Corp. - Class A |
106,036 | 6,090,708 | ||||||
DXC Technology Co. (a) (b) |
47,076 | 1,152,420 | ||||||
EPAM Systems, Inc. (a) (b) |
11,748 | 4,255,008 |
BHFTII-213
Table of Contents
Brighthouse Funds Trust II
MetLife Stock Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
IT Services(Continued) | ||||||||
Fidelity National Information Services, Inc. |
124,507 | $ | 9,408,994 | |||||
Fiserv, Inc. (a) |
130,980 | 12,255,799 | ||||||
FleetCor Technologies, Inc. (a) |
15,362 | 2,706,324 | ||||||
Gartner, Inc. (a) |
16,198 | 4,481,825 | ||||||
Global Payments, Inc. |
56,760 | 6,132,918 | ||||||
International Business Machines Corp. (b) |
184,961 | 21,975,216 | ||||||
Jack Henry & Associates, Inc. (b) |
14,921 | 2,719,651 | ||||||
MasterCard, Inc. - Class A |
174,731 | 49,683,012 | ||||||
Paychex, Inc. |
65,597 | 7,360,639 | ||||||
PayPal Holdings, Inc. (a) |
236,834 | 20,384,302 | ||||||
VeriSign, Inc. (a) |
19,114 | 3,320,102 | ||||||
Visa, Inc. - Class A (b) |
334,834 | 59,483,260 | ||||||
|
|
|||||||
270,067,242 | ||||||||
|
|
|||||||
Leisure Products0.0% | ||||||||
Hasbro, Inc. (b) |
26,582 | 1,792,158 | ||||||
|
|
|||||||
Life Sciences Tools & Services1.9% | ||||||||
Agilent Technologies, Inc. |
61,172 | 7,435,457 | ||||||
Bio-Rad Laboratories, Inc. - Class A (a) |
4,389 | 1,830,827 | ||||||
Bio-Techne Corp. (b) |
8,035 | 2,281,940 | ||||||
Charles River Laboratories International, Inc. (a) |
10,416 | 2,049,869 | ||||||
Danaher Corp. |
134,076 | 34,630,490 | ||||||
Illumina, Inc. (a) (b) |
32,172 | 6,138,096 | ||||||
IQVIA Holdings, Inc. (a) |
38,195 | 6,918,642 | ||||||
Mettler-Toledo International, Inc. (a) |
4,610 | 4,997,793 | ||||||
PerkinElmer, Inc. |
25,849 | 3,110,410 | ||||||
Thermo Fisher Scientific, Inc. |
80,235 | 40,694,390 | ||||||
Waters Corp. (a) |
12,262 | 3,304,977 | ||||||
West Pharmaceutical Services, Inc. |
15,164 | 3,731,557 | ||||||
|
|
|||||||
117,124,448 | ||||||||
|
|
|||||||
Machinery1.6% | ||||||||
Caterpillar, Inc. (b) |
108,110 | 17,738,689 | ||||||
Cummins, Inc. |
28,874 | 5,876,148 | ||||||
Deere & Co. (b) |
56,958 | 19,017,707 | ||||||
Dover Corp. |
29,397 | 3,427,102 | ||||||
Fortive Corp. |
72,842 | 4,246,689 | ||||||
IDEX Corp. |
15,457 | 3,089,081 | ||||||
Illinois Tool Works, Inc. (b) |
57,701 | 10,423,686 | ||||||
Ingersoll Rand, Inc. (b) |
82,567 | 3,571,848 | ||||||
Nordson Corp. |
11,071 | 2,350,041 | ||||||
Otis Worldwide Corp. |
86,059 | 5,490,564 | ||||||
PACCAR, Inc. |
71,209 | 5,959,481 | ||||||
Parker-Hannifin Corp. |
26,289 | 6,370,087 | ||||||
Pentair plc |
33,679 | 1,368,378 | ||||||
Snap-on, Inc. (b) |
10,909 | 2,196,527 | ||||||
Stanley Black & Decker, Inc. (b) |
30,271 | 2,276,682 | ||||||
Westinghouse Air Brake Technologies Corp. |
37,246 | 3,029,962 | ||||||
Xylem, Inc. (b) |
36,899 | 3,223,497 | ||||||
|
|
|||||||
99,656,169 | ||||||||
|
|
|||||||
Media0.7% | ||||||||
Charter Communications, Inc. - Class A (a) (b) |
22,702 | 6,886,652 | ||||||
Comcast Corp. - Class A |
901,850 | 26,451,261 | ||||||
Media(Continued) | ||||||||
DISH Network Corp. - Class A (a) (b) |
51,403 | 710,904 | ||||||
Fox Corp. - Class A (b) |
62,763 | 1,925,569 | ||||||
Fox Corp. - Class B |
28,820 | 821,370 | ||||||
Interpublic Group of Cos., Inc. (The) (b) |
80,078 | 2,049,997 | ||||||
News Corp. - Class A |
78,966 | 1,193,176 | ||||||
News Corp. - Class B |
24,462 | 377,204 | ||||||
Omnicom Group, Inc. (b) |
41,949 | 2,646,562 | ||||||
Paramount Global - Class B (b) |
103,412 | 1,968,964 | ||||||
|
|
|||||||
45,031,659 | ||||||||
|
|
|||||||
Metals & Mining0.3% | ||||||||
Freeport-McMoRan, Inc. |
292,848 | 8,003,536 | ||||||
Newmont Corp. |
162,537 | 6,831,430 | ||||||
Nucor Corp. |
53,611 | 5,735,841 | ||||||
|
|
|||||||
20,570,807 | ||||||||
|
|
|||||||
Multi-Utilities0.9% | ||||||||
Ameren Corp. |
52,911 | 4,261,981 | ||||||
CenterPoint Energy, Inc. (b) |
128,915 | 3,632,825 | ||||||
CMS Energy Corp. |
59,429 | 3,461,145 | ||||||
Consolidated Edison, Inc. |
72,614 | 6,227,377 | ||||||
Dominion Energy, Inc. |
170,487 | 11,782,356 | ||||||
DTE Energy Co. |
39,676 | 4,564,724 | ||||||
NiSource, Inc. |
83,134 | 2,094,145 | ||||||
Public Service Enterprise Group, Inc. |
102,161 | 5,744,513 | ||||||
Sempra Energy |
64,367 | 9,651,188 | ||||||
WEC Energy Group, Inc. (b) |
64,597 | 5,776,910 | ||||||
|
|
|||||||
57,197,164 | ||||||||
|
|
|||||||
Multiline Retail0.5% | ||||||||
Dollar General Corp. |
46,487 | 11,150,372 | ||||||
Dollar Tree, Inc. (a) (b) |
43,227 | 5,883,195 | ||||||
Target Corp. |
94,960 | 14,091,114 | ||||||
|
|
|||||||
31,124,681 | ||||||||
|
|
|||||||
Oil, Gas & Consumable Fuels4.2% | ||||||||
APA Corp. |
66,869 | 2,286,251 | ||||||
Chevron Corp. |
368,793 | 52,984,490 | ||||||
ConocoPhillips (b) |
260,703 | 26,680,345 | ||||||
Coterra Energy, Inc. (b) |
162,929 | 4,255,705 | ||||||
Devon Energy Corp. (b) |
134,096 | 8,063,193 | ||||||
Diamondback Energy, Inc. (b) |
36,402 | 4,384,985 | ||||||
EOG Resources, Inc. |
120,016 | 13,409,388 | ||||||
EQT Corp. |
75,763 | 3,087,342 | ||||||
Exxon Mobil Corp. |
853,487 | 74,517,950 | ||||||
Hess Corp. (b) |
57,065 | 6,219,514 | ||||||
Kinder Morgan, Inc. (b) |
406,023 | 6,756,223 | ||||||
Marathon Oil Corp. |
138,762 | 3,133,246 | ||||||
Marathon Petroleum Corp. |
102,112 | 10,142,785 | ||||||
Occidental Petroleum Corp. (b) |
152,607 | 9,377,700 | ||||||
ONEOK, Inc. (b) |
91,512 | 4,689,075 | ||||||
Phillips 66 (b) |
98,514 | 7,952,050 | ||||||
Pioneer Natural Resources Co. |
48,877 | 10,583,337 | ||||||
Valero Energy Corp. |
80,681 | 8,620,765 |
BHFTII-214
Table of Contents
Brighthouse Funds Trust II
MetLife Stock Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Oil, Gas & Consumable Fuels(Continued) | ||||||||
Williams Cos., Inc. (The) |
249,542 | $ | 7,144,387 | |||||
|
|
|||||||
264,288,731 | ||||||||
|
|
|||||||
Personal Products0.2% | ||||||||
Estee Lauder Cos., Inc. (The) - Class A |
47,471 | 10,248,989 | ||||||
|
|
|||||||
Pharmaceuticals4.6% | ||||||||
Bristol-Myers Squibb Co. |
437,277 | 31,086,022 | ||||||
Catalent, Inc. (a) |
36,700 | 2,655,612 | ||||||
Eli Lilly and Co. |
161,506 | 52,222,965 | ||||||
Johnson & Johnson |
538,428 | 87,957,598 | ||||||
Merck & Co., Inc. |
518,788 | 44,678,023 | ||||||
Organon & Co. (b) |
52,084 | 1,218,766 | ||||||
Pfizer, Inc. |
1,149,350 | 50,295,556 | ||||||
Viatris, Inc. |
248,323 | 2,115,712 | ||||||
Zoetis, Inc. |
95,870 | 14,216,562 | ||||||
|
|
|||||||
286,446,816 | ||||||||
|
|
|||||||
Professional Services0.4% | ||||||||
CoStar Group, Inc. (a) (b) |
81,086 | 5,647,640 | ||||||
Equifax, Inc. (b) |
25,066 | 4,297,064 | ||||||
Jacobs Solutions, Inc. (b) |
26,132 | 2,835,061 | ||||||
Leidos Holdings, Inc. (b) |
27,962 | 2,445,836 | ||||||
Nielsen Holdings plc (b) |
73,661 | 2,041,883 | ||||||
Robert Half International, Inc. |
22,438 | 1,716,507 | ||||||
Verisk Analytics, Inc. (b) |
32,144 | 5,481,516 | ||||||
|
|
|||||||
24,465,507 | ||||||||
|
|
|||||||
Real Estate Management & Development0.1% | ||||||||
CBRE Group, Inc. - Class A (a) |
65,772 | 4,440,268 | ||||||
|
|
|||||||
Road & Rail0.9% | ||||||||
CSX Corp. |
438,503 | 11,681,720 | ||||||
J.B. Hunt Transport Services, Inc. (b) |
17,008 | 2,660,392 | ||||||
Norfolk Southern Corp. |
48,100 | 10,084,165 | ||||||
Old Dominion Freight Line, Inc. (b) |
18,770 | 4,669,413 | ||||||
Union Pacific Corp. |
127,887 | 24,914,945 | ||||||
|
|
|||||||
54,010,635 | ||||||||
|
|
|||||||
Semiconductors & Semiconductor Equipment4.7% | ||||||||
Advanced Micro Devices, Inc. (a) |
330,595 | 20,946,499 | ||||||
Analog Devices, Inc. |
106,451 | 14,832,883 | ||||||
Applied Materials, Inc. |
178,155 | 14,596,239 | ||||||
Broadcom, Inc. |
82,698 | 36,718,739 | ||||||
Enphase Energy, Inc. (a) (b) |
27,740 | 7,697,018 | ||||||
Intel Corp. |
840,865 | 21,669,091 | ||||||
KLA Corp. |
29,040 | 8,788,375 | ||||||
Lam Research Corp. |
28,051 | 10,266,666 | ||||||
Microchip Technology, Inc. (b) |
113,142 | 6,905,056 | ||||||
Micron Technology, Inc. |
225,912 | 11,318,191 | ||||||
Monolithic Power Systems, Inc. (b) |
9,103 | 3,308,030 | ||||||
NVIDIA Corp. |
512,795 | 62,248,185 | ||||||
NXP Semiconductors NV |
53,777 | 7,932,645 | ||||||
ON Semiconductor Corp. (a) |
88,722 | 5,530,042 | ||||||
Qorvo, Inc. (a) |
21,135 | 1,678,331 | ||||||
Semiconductors & Semiconductor Equipment(Continued) | ||||||||
QUALCOMM, Inc. |
229,978 | 25,982,915 | ||||||
Skyworks Solutions, Inc. |
32,857 | 2,801,717 | ||||||
SolarEdge Technologies, Inc. (a) (b) |
11,394 | 2,637,255 | ||||||
Teradyne, Inc. |
32,107 | 2,412,841 | ||||||
Texas Instruments, Inc. (b) |
187,117 | 28,961,969 | ||||||
|
|
|||||||
297,232,687 | ||||||||
|
|
|||||||
Software8.4% | ||||||||
Adobe, Inc. (a) |
95,842 | 26,375,718 | ||||||
ANSYS, Inc. (a) |
17,831 | 3,953,133 | ||||||
Autodesk, Inc. (a) |
44,495 | 8,311,666 | ||||||
Cadence Design Systems, Inc. (a) |
56,086 | 9,166,135 | ||||||
Ceridian HCM Holding, Inc. (a) (b) |
31,344 | 1,751,503 | ||||||
Citrix Systems, Inc. |
25,542 | 2,656,368 | ||||||
Fortinet, Inc. (a) |
134,029 | 6,584,845 | ||||||
Intuit, Inc. |
57,767 | 22,374,314 | ||||||
Microsoft Corp. |
1,527,297 | 355,707,471 | ||||||
NortonLifeLock, Inc. |
121,251 | 2,441,995 | ||||||
Oracle Corp. |
311,076 | 18,997,411 | ||||||
Paycom Software, Inc. (a) (b) |
9,954 | 3,284,720 | ||||||
PTC, Inc. (a) |
21,650 | 2,264,590 | ||||||
Roper Technologies, Inc. |
21,710 | 7,807,784 | ||||||
Salesforce, Inc. (a) |
203,765 | 29,309,558 | ||||||
ServiceNow, Inc. (a) (b) |
41,368 | 15,620,971 | ||||||
Synopsys, Inc. (a) |
31,327 | 9,570,712 | ||||||
Tyler Technologies, Inc. (a) (b) |
8,516 | 2,959,310 | ||||||
|
|
|||||||
529,138,204 | ||||||||
|
|
|||||||
Specialty Retail2.2% | ||||||||
Advance Auto Parts, Inc. (b) |
12,418 | 1,941,430 | ||||||
AutoZone, Inc. (a) |
3,991 | 8,548,443 | ||||||
Bath & Body Works, Inc. |
46,753 | 1,524,148 | ||||||
Best Buy Co., Inc. (b) |
41,039 | 2,599,410 | ||||||
CarMax, Inc. (a) (b) |
32,595 | 2,151,922 | ||||||
Home Depot, Inc. (The) |
210,473 | 58,077,920 | ||||||
Lowes Cos., Inc. |
130,887 | 24,581,887 | ||||||
OReilly Automotive, Inc. (a) |
13,056 | 9,182,938 | ||||||
Ross Stores, Inc. |
71,661 | 6,038,872 | ||||||
TJX Cos., Inc. (The) |
239,938 | 14,904,949 | ||||||
Tractor Supply Co. (b) |
22,732 | 4,225,424 | ||||||
Ulta Beauty, Inc. (a) |
10,612 | 4,257,428 | ||||||
|
|
|||||||
138,034,771 | ||||||||
|
|
|||||||
Technology Hardware, Storage & Peripherals7.0% | ||||||||
Apple, Inc. |
3,093,652 | 427,542,706 | ||||||
Hewlett Packard Enterprise Co. (b) |
266,089 | 3,187,746 | ||||||
HP, Inc. |
186,366 | 4,644,241 | ||||||
NetApp, Inc. |
44,999 | 2,783,188 | ||||||
Seagate Technology Holdings plc (b) |
39,995 | 2,128,934 | ||||||
Western Digital Corp. (a) |
64,133 | 2,087,529 | ||||||
|
|
|||||||
442,374,344 | ||||||||
|
|
|||||||
Textiles, Apparel & Luxury Goods0.4% | ||||||||
NIKE, Inc. - Class B |
258,782 | 21,509,960 | ||||||
Ralph Lauren Corp. (b) |
8,785 | 746,110 |
BHFTII-215
Table of Contents
Brighthouse Funds Trust II
MetLife Stock Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares/ Principal Amount* |
Value | ||||||
Textiles, Apparel & Luxury Goods(Continued) | ||||||||
Tapestry, Inc. |
51,566 | $ | 1,466,021 | |||||
VF Corp. (b) |
67,625 | 2,022,664 | ||||||
|
|
|||||||
25,744,755 | ||||||||
|
|
|||||||
Tobacco0.7% | ||||||||
Altria Group, Inc. (b) |
368,789 | 14,891,700 | ||||||
Philip Morris International, Inc. |
317,456 | 26,352,022 | ||||||
|
|
|||||||
41,243,722 | ||||||||
|
|
|||||||
Trading Companies & Distributors0.2% | ||||||||
Fastenal Co. |
117,688 | 5,418,355 | ||||||
United Rentals, Inc. (a) (b) |
14,332 | 3,871,360 | ||||||
WW Grainger, Inc. (b) |
9,272 | 4,535,770 | ||||||
|
|
|||||||
13,825,485 | ||||||||
|
|
|||||||
Water Utilities0.1% | ||||||||
American Water Works Co., Inc. (b) |
37,228 | 4,845,596 | ||||||
|
|
|||||||
Wireless Telecommunication Services0.3% | ||||||||
T-Mobile U.S., Inc. (a) (b) |
123,271 | 16,539,270 | ||||||
|
|
|||||||
Total Common Stocks |
6,175,277,653 | |||||||
|
|
|||||||
Mutual Funds1.3% |
| |||||||
Investment Company Securities1.3% | ||||||||
SPDR S&P 500 ETF Trust (b) |
224,000 | 80,008,320 | ||||||
|
|
|||||||
Short-Term Investment0.3% | ||||||||
U.S. Treasury0.3% | ||||||||
U.S. Treasury Bill |
||||||||
2.358%, 10/11/22 (e) |
18,750,000 | 18,739,792 | ||||||
|
|
|||||||
Total Short-Term Investments |
18,739,792 | |||||||
|
|
|||||||
Securities Lending Reinvestments (f)11.0% |
| |||||||
Certificates of Deposit5.5% | ||||||||
Bank of Montreal (Chicago) | ||||||||
3.540%, FEDEFF PRV + 0.460%, 03/02/23 (g) |
8,000,000 | 8,000,000 | ||||||
Bank of Nova Scotia | ||||||||
3.210%, SOFR + 0.250%, 02/17/23 (g) |
5,000,000 | 4,997,700 | ||||||
3.470%, SOFR + 0.510%, 03/15/23 (g) |
20,000,000 | 20,000,000 | ||||||
3.640%, SOFR + 0.680%, 08/16/23 (g) |
12,000,000 | 12,016,054 | ||||||
Barclays Bank plc | ||||||||
3.290%, SOFR + 0.330%, 10/20/22 (g) |
5,000,000 | 5,000,275 | ||||||
3.350%, SOFR + 0.370%, 03/21/23 (g) |
10,000,000 | 9,996,680 | ||||||
Certificates of Deposit(Continued) | ||||||||
BNP Paribas S.A. | ||||||||
3.180%, SOFR + 0.220%, 11/17/22 (g) |
15,000,000 | 14,998,200 | ||||||
3.470%, SOFR + 0.510%, 03/15/23 (g) |
8,000,000 | 8,002,544 | ||||||
Canadian Imperial Bank of Commerce (NY) | ||||||||
3.460%, SOFR + 0.500%, 03/03/23 (g) |
15,000,000 | 15,010,747 | ||||||
Commonwealth Bank of Australia | ||||||||
3.340%, SOFR + 0.380%, 03/30/23 (g) |
5,000,000 | 5,000,000 | ||||||
3.350%, SOFR + 0.390%, 11/17/22 (g) |
4,000,000 | 4,000,848 | ||||||
Cooperatieve Rabobank UA | ||||||||
3.350%, SOFR + 0.370%, 03/20/23 (g) |
10,000,000 | 10,000,000 | ||||||
3.490%, SOFR + 0.530%, 02/01/23 (g) |
6,000,000 | 6,004,920 | ||||||
Credit Agricole Corp. & Investment Bank (NY) | ||||||||
3.690%, 12/21/22 |
10,000,000 | 10,001,580 | ||||||
Credit Industriel et Commercial | ||||||||
3.390%, SOFR + 0.430%, 01/06/23 (g) |
15,000,000 | 15,006,885 | ||||||
Credit Suisse (NY) | ||||||||
3.370%, FEDEFF PRV + 0.290%, 10/17/22 (g) |
5,000,000 | 5,000,160 | ||||||
Mitsubishi UFJ Trust and Banking Corp. | ||||||||
Zero Coupon, 11/03/22 |
5,000,000 | 4,984,900 | ||||||
Mizuho Bank, Ltd. | ||||||||
3.300%, SOFR + 0.320%, 10/26/22 (g) |
15,000,000 | 15,000,000 | ||||||
MUFG Bank Ltd. (NY) | ||||||||
3.490%, SOFR + 0.510%, 02/17/23 (g) |
6,000,000 | 6,005,202 | ||||||
National Australia Bank, Ltd. | ||||||||
3.360%, SOFR + 0.400%, 11/04/22 (g) |
8,000,000 | 8,000,000 | ||||||
Natixis S.A. | ||||||||
3.410%, SOFR + 0.450%, 06/21/23 (g) |
5,000,000 | 4,999,738 | ||||||
Natixis S.A. (New York) | ||||||||
3.460%, SOFR + 0.500%, 12/01/22 (g) |
5,000,000 | 5,002,230 | ||||||
Nordea Bank Abp (NY) | ||||||||
3.440%, SOFR + 0.460%, 02/13/23 (g) |
5,000,000 | 5,003,335 | ||||||
3.510%, SOFR + 0.550%, 02/21/23 (g) |
10,000,000 | 10,010,700 | ||||||
Norinchukin Bank | ||||||||
3.250%, SOFR + 0.270%, 11/21/22 (g) |
10,000,000 | 10,000,570 | ||||||
3.270%, SOFR + 0.290%, 11/04/22 (g) |
10,000,000 | 10,000,670 | ||||||
Oversea-Chinese Banking Corp., Ltd. | ||||||||
3.410%, SOFR + 0.430%, 12/06/22 (g) |
10,000,000 | 10,003,460 | ||||||
Royal Bank of Canada | ||||||||
3.540%, SOFR + 0.580%, 09/20/23 (g) |
10,000,000 | 10,003,780 | ||||||
3.640%, FEDEFF PRV + 0.560%, 04/10/23 (g) |
5,000,000 | 5,004,895 | ||||||
Standard Chartered Bank (NY) | ||||||||
3.480%, FEDEFF PRV + 0.400%, 12/23/22 (g) |
7,000,000 | 7,001,778 | ||||||
Sumitomo Mitsui Trust Bank, Ltd. | ||||||||
Zero Coupon, 12/14/22 |
7,000,000 | 6,948,550 | ||||||
3.280%, SOFR + 0.320%, 11/28/22 (g) |
10,000,000 | 10,002,370 | ||||||
3.500%, SOFR + 0.540%, 01/10/23 (g) |
5,000,000 | 5,004,840 | ||||||
3.570%, SOFR + 0.590%, 02/01/23 (g) |
11,000,000 | 11,014,278 | ||||||
Svenska Handelsbanken AB | ||||||||
3.330%, SOFR + 0.350%, 10/13/22 (g) |
11,000,000 | 11,000,627 | ||||||
3.580%, SOFR + 0.600%, 04/12/23 (g) |
7,000,000 | 7,009,324 | ||||||
Toronto-Dominion Bank (The) | ||||||||
3.570%, FEDEFF PRV + 0.490%, 12/23/22 (g) |
10,000,000 | 10,004,600 |
BHFTII-216
Table of Contents
Brighthouse Funds Trust II
MetLife Stock Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Securities Lending Reinvestments (f)(Continued)
Security Description | Principal Amount* |
Value | ||||||
Certificates of Deposit(Continued) | ||||||||
Westpac Banking Corp. | ||||||||
3.190%, SOFR + 0.230%, 02/17/23 (g) |
10,000,000 | $ | 9,996,900 | |||||
3.510%, SOFR + 0.550%, 02/22/23 (g) |
10,000,000 | 10,009,580 | ||||||
|
|
|||||||
345,048,920 | ||||||||
|
|
|||||||
Commercial Paper0.6% | ||||||||
Australia & New Zealand Banking Group, Ltd. | ||||||||
3.380%, SOFR + 0.420%, 12/19/22 (g) |
10,000,000 | 10,003,490 | ||||||
DNB Bank ASA | ||||||||
3.440%, SOFR + 0.480%, 06/02/23 (g) |
8,000,000 | 8,003,224 | ||||||
Old Line Funding LLC | ||||||||
3.240%, SOFR + 0.260%, 12/06/22 (g) |
5,000,000 | 5,000,185 | ||||||
Skandinaviska Enskilda Banken AB | ||||||||
3.370%, SOFR + 0.390%, 11/03/22 (g) |
5,000,000 | 5,000,800 | ||||||
Thunder Bay Funding LLC | ||||||||
3.240%, SOFR + 0.260%, 12/06/22 (g) |
5,000,000 | 5,000,185 | ||||||
UBS AG | ||||||||
3.550%, SOFR + 0.570%, 03/23/23 (g) |
6,000,000 | 6,000,000 | ||||||
|
|
|||||||
39,007,884 | ||||||||
|
|
|||||||
Master Demand Notes0.2% | ||||||||
Natixis Financial Products LLC | ||||||||
3.300%, OBFR + 0.230%, 10/03/22 (g) |
10,000,000 | 10,000,000 | ||||||
3.320%, OBFR + 0.250%, 10/03/22 (g) |
1,000,000 | 1,000,000 | ||||||
|
|
|||||||
11,000,000 | ||||||||
|
|
|||||||
Repurchase Agreements4.2% | ||||||||
Citigroup Global Markets, Inc. |
16,000,000 | 16,000,000 | ||||||
National Bank Financial, Inc. |
15,000,000 | 15,000,000 | ||||||
National Bank of Canada |
52,100,000 | 52,100,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.200%, due on 10/07/22 with a maturity value of $79,049,156; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 5.500%, maturity dates ranging from 11/03/22 - 02/15/52, and various Common Stock with an aggregate market value of $86,587,956. |
79,000,000 | 79,000,000 | ||||||
Repurchase Agreements(Continued) | ||||||||
Natixis S.A. (New York) |
30,480,008 | 30,480,008 | ||||||
NBC Global Finance, Ltd. |
900,000 | 900,000 | ||||||
Societe Generale |
9,200,000 | 9,200,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.050%, due on 10/03/22 with a maturity value of $1,500,381; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 1.125%, maturity dates ranging from 03/09/23 - 05/15/40, and various Common Stock with an aggregate market value of $1,666,596. |
1,500,000 | 1,500,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.070%, due on 10/03/22 with a maturity value of $9,902,533; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 1.125%, maturity dates ranging from 03/09/23 - 05/15/40, and various Common Stock with an aggregate market value of $10,999,536. |
9,900,000 | 9,900,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.170%, due on 10/07/22 with a maturity value of $44,427,368; collateralized by various Common Stock with an aggregate market value of $49,392,830. |
44,400,000 | 44,400,000 | ||||||
TD Prime Services LLC |
7,500,000 | 7,500,000 | ||||||
|
|
|||||||
265,980,008 | ||||||||
|
|
|||||||
Time Deposit0.5% | ||||||||
National Bank of Canada |
30,000,000 | 30,000,000 | ||||||
|
|
|||||||
Total Securities Lending Reinvestments |
691,036,812 | |||||||
|
|
|||||||
Total Investments110.9% |
6,965,062,577 | |||||||
Other assets and liabilities (net)(10.9)% |
(683,175,585 | ) | ||||||
|
|
|||||||
Net Assets100.0% | $ | 6,281,886,992 | ||||||
|
|
BHFTII-217
Table of Contents
Brighthouse Funds Trust II
MetLife Stock Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
* | Principal amount stated in U.S. dollars unless otherwise noted. | |||
(a) | Non-income producing security. | |||
(b) | All or a portion of the security was held on loan. As of September 30, 2022, the market value of securities loaned was $664,941,648 and the collateral received consisted of cash in the amount of $690,906,764 and non-cash collateral with a value of $352,624. The cash collateral investments are disclosed in the Schedule of Investments and categorized as Securities Lending Reinvestments. The non-cash collateral received consists of U.S. government securities that are held in safe-keeping by the lending agent, or a third-party custodian, and cannot be sold or repledged by the Portfolio. | |||
(c) | Affiliated Issuer. | |||
(d) | All or a portion of the security was pledged as collateral against open futures contracts. As of September 30, 2022, the market value of securities pledged was $11,538,000. | |||
(e) | The rate shown represents current yield to maturity. | |||
(f) | Represents investment of cash collateral received from securities on loan as of September 30, 2022. | |||
(g) | Variable or floating rate security. The stated rate represents the rate at September 30, 2022. Maturity date shown for callable securities reflects the earliest possible call date. For securities based on a published reference index and spread, the index and spread are indicated in the description above. For certain variable rate securities, the coupon rate is determined by the issuer/agent based on current market conditions. For certain asset- and mortgage-backed securities, the coupon rate may fluctuate based on changes of the underlying collateral or prepayments of principal. These securities do not indicate a reference index and spread in their description above. |
Futures Contracts
Futures ContractsLong |
Expiration Date |
Number of Contracts |
Notional Amount |
Value/ Unrealized Appreciation/ (Depreciation) |
||||||||||||||||
S&P 500 Index E-Mini Futures |
12/16/22 | 100 | USD | 18,007,500 | $ | (1,977,155 | ) | |||||||||||||
|
|
Glossary of Abbreviations
Currencies
(USD) | United States Dollar |
Index Abbreviations
(FEDEFF PRV) | Effective Federal Funds Rate | |
(OBFR) | U.S. Overnight Bank Funding Rate | |
(SOFR) | Secured Overnight Financing Rate |
Other Abbreviations
(ETF) | Exchange-Traded Fund |
BHFTII-218
Table of Contents
Brighthouse Funds Trust II
MetLife Stock Index Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Total Common Stocks* |
$ | 6,175,277,653 | $ | | $ | | $ | 6,175,277,653 | ||||||||
Total Mutual Funds* |
80,008,320 | | | 80,008,320 | ||||||||||||
Total Short-Term Investment* |
| 18,739,792 | | 18,739,792 | ||||||||||||
Total Securities Lending Reinvestments* |
| 691,036,812 | | 691,036,812 | ||||||||||||
Total Investments |
$ | 6,255,285,973 | $ | 709,776,604 | $ | | $ | 6,965,062,577 | ||||||||
Collateral for Securities Loaned (Liability) |
$ | | $ | (690,906,764 | ) | $ | | $ | (690,906,764 | ) | ||||||
Futures Contracts | ||||||||||||||||
Futures Contracts (Unrealized Depreciation) |
$ | (1,977,155 | ) | $ | | $ | | $ | (1,977,155 | ) |
* | See Schedule of Investments for additional detailed categorizations. |
BHFTII-219
Table of Contents
Brighthouse Funds Trust II
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks56.2% of Net Assets
Security Description | Shares | Value | ||||||
Aerospace & Defense1.4% | ||||||||
Howmet Aerospace, Inc. |
75,085 | $ | 2,322,379 | |||||
L3Harris Technologies, Inc. |
19,116 | 3,972,878 | ||||||
Northrop Grumman Corp. |
4,480 | 2,107,034 | ||||||
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|||||||
8,402,291 | ||||||||
|
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|||||||
Auto Components0.9% | ||||||||
Aptiv plc (a) |
33,340 | 2,607,521 | ||||||
Lear Corp. |
23,988 | 2,871,124 | ||||||
|
|
|||||||
5,478,645 | ||||||||
|
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Banks4.5% | ||||||||
Bank of America Corp. |
235,505 | 7,112,251 | ||||||
JPMorgan Chase & Co. |
89,949 | 9,399,671 | ||||||
PNC Financial Services Group, Inc. (The) |
20,357 | 3,041,743 | ||||||
Truist Financial Corp. |
172,349 | 7,504,075 | ||||||
|
|
|||||||
27,057,740 | ||||||||
|
|
|||||||
Beverages0.7% | ||||||||
Constellation Brands, Inc. - Class A |
9,699 | 2,227,666 | ||||||
PepsiCo, Inc. |
10,313 | 1,683,701 | ||||||
|
|
|||||||
3,911,367 | ||||||||
|
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|||||||
Biotechnology0.4% | ||||||||
Vertex Pharmaceuticals, Inc. (a) |
7,811 | 2,261,597 | ||||||
|
|
|||||||
Building Products1.8% | ||||||||
Johnson Controls International plc |
116,268 | 5,722,711 | ||||||
Masco Corp. |
109,103 | 5,094,019 | ||||||
|
|
|||||||
10,816,730 | ||||||||
|
|
|||||||
Capital Markets 6.4% | ||||||||
Cboe Global Markets, Inc. |
19,441 | 2,281,790 | ||||||
Charles Schwab Corp. (The) |
156,993 | 11,283,087 | ||||||
Goldman Sachs Group, Inc. (The) |
42,511 | 12,457,849 | ||||||
Invesco, Ltd. (b) |
113,319 | 1,552,470 | ||||||
Morgan Stanley |
58,119 | 4,591,982 | ||||||
Nasdaq, Inc. (b) |
60,041 | 3,403,124 | ||||||
Northern Trust Corp. |
32,573 | 2,786,946 | ||||||
|
|
|||||||
38,357,248 | ||||||||
|
|
|||||||
Chemicals1.4% | ||||||||
Axalta Coating Systems, Ltd. (a) |
129,381 | 2,724,764 | ||||||
DuPont de Nemours, Inc. |
45,259 | 2,281,053 | ||||||
PPG Industries, Inc. |
28,375 | 3,140,829 | ||||||
|
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|||||||
8,146,646 | ||||||||
|
|
|||||||
Construction Materials0.3% | ||||||||
Vulcan Materials Co. |
12,327 | 1,944,091 | ||||||
|
|
|||||||
Distributors0.6% | ||||||||
LKQ Corp. (b) |
74,064 | 3,492,118 | ||||||
|
|
|||||||
Electric Utilities2.2% | ||||||||
Duke Energy Corp. |
35,532 | 3,305,187 | ||||||
Exelon Corp. |
69,029 | 2,585,826 | ||||||
PG&E Corp. (a)(b) |
252,086 | 3,151,075 | ||||||
Southern Co. (The) |
62,405 | 4,243,540 | ||||||
|
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|||||||
13,285,628 | ||||||||
|
|
|||||||
Electrical Equipment2.1% | ||||||||
Eaton Corp. plc |
60,220 | 8,030,939 | ||||||
Regal Rexnord Corp. (b) |
30,632 | 4,299,508 | ||||||
|
|
|||||||
12,330,447 | ||||||||
|
|
|||||||
Entertainment0.4% | ||||||||
Electronic Arts, Inc. |
15,178 | 1,756,246 | ||||||
Warner Bros Discovery, Inc. (a) |
54,022 | 621,253 | ||||||
|
|
|||||||
2,377,499 | ||||||||
|
|
|||||||
Equity Real Estate Investment Trusts0.3% | ||||||||
STORE Capital Corp. |
64,427 | 2,018,498 | ||||||
|
|
|||||||
Food & Staples Retailing0.6% | ||||||||
Walmart, Inc. |
29,796 | 3,864,541 | ||||||
|
|
|||||||
Food Products1.5% | ||||||||
Archer-Daniels-Midland Co. |
28,205 | 2,269,092 | ||||||
Danone S.A. |
29,493 | 1,389,618 | ||||||
General Mills, Inc. |
32,046 | 2,455,044 | ||||||
J.M. Smucker Co. (The) |
9,132 | 1,254,828 | ||||||
Mondelez International, Inc. - Class A |
26,432 | 1,449,267 | ||||||
|
|
|||||||
8,817,849 | ||||||||
|
|
|||||||
Health Care Equipment & Supplies1.1% | ||||||||
Becton Dickinson & Co. |
7,957 | 1,773,058 | ||||||
Medtronic plc |
55,476 | 4,479,687 | ||||||
|
|
|||||||
6,252,745 | ||||||||
|
|
|||||||
Health Care Providers & Services3.0% | ||||||||
Cigna Corp. |
39,351 | 10,918,722 | ||||||
McKesson Corp. |
13,836 | 4,702,441 | ||||||
Quest Diagnostics, Inc. |
16,816 | 2,063,155 | ||||||
|
|
|||||||
17,684,318 | ||||||||
|
|
|||||||
Hotels, Restaurants & Leisure0.4% | ||||||||
Booking Holdings, Inc. (a) |
532 | 874,188 | ||||||
Wendys Co. (The) (b) |
70,059 | 1,309,402 | ||||||
|
|
|||||||
2,183,590 | ||||||||
|
|
|||||||
Household Products0.2% | ||||||||
Kimberly-Clark Corp. (b) |
9,296 | 1,046,172 | ||||||
|
|
|||||||
Industrial Conglomerates0.8% | ||||||||
Honeywell International, Inc. |
29,486 | 4,923,277 | ||||||
|
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|||||||
Insurance3.2% | ||||||||
Aon plc - Class A |
22,791 | 6,105,025 | ||||||
Chubb, Ltd. |
31,151 | 5,665,744 | ||||||
Travelers Cos., Inc. (The) |
17,539 | 2,686,975 |
BHFTII-220
Table of Contents
Brighthouse Funds Trust II
MFS Total Return Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares |
Value | ||||||
Insurance(Continued) | ||||||||
Willis Towers Watson plc |
22,329 | $ | 4,486,789 | |||||
|
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|||||||
18,944,533 | ||||||||
|
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Interactive Media & Services0.5% | ||||||||
Alphabet, Inc. - Class A (a) |
31,978 | 3,058,696 | ||||||
|
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IT Services2.4% | ||||||||
Accenture plc - Class A |
11,513 | 2,962,295 | ||||||
Amdocs, Ltd. |
44,143 | 3,507,161 | ||||||
Cognizant Technology Solutions Corp. - Class A |
34,430 | 1,977,659 | ||||||
Fidelity National Information Services, Inc. |
37,720 | 2,850,500 | ||||||
Fiserv, Inc. (a) |
29,285 | 2,740,198 | ||||||
|
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|||||||
14,037,813 | ||||||||
|
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|||||||
Life Sciences Tools & Services1.7% | ||||||||
Danaher Corp. |
22,086 | 5,704,593 | ||||||
ICON plc (a) (b) |
9,277 | 1,704,927 | ||||||
Thermo Fisher Scientific, Inc. |
5,761 | 2,921,922 | ||||||
|
|
|||||||
10,331,442 | ||||||||
|
|
|||||||
Machinery1.0% | ||||||||
Ingersoll Rand, Inc. |
66,024 | 2,856,198 | ||||||
PACCAR, Inc. (b) |
2,273 | 190,227 | ||||||
Stanley Black & Decker, Inc. |
35,932 | 2,702,446 | ||||||
|
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|||||||
5,748,871 | ||||||||
|
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Media1.6% | ||||||||
Comcast Corp. - Class A |
249,660 | 7,322,528 | ||||||
Omnicom Group, Inc. (b) |
37,271 | 2,351,427 | ||||||
|
|
|||||||
9,673,955 | ||||||||
|
|
|||||||
Metals & Mining0.2% | ||||||||
Rio Tinto plc |
16,979 | 919,642 | ||||||
|
|
|||||||
Multiline Retail0.1% | ||||||||
Dollar Tree, Inc. (a) (b) |
6,008 | 817,689 | ||||||
|
|
|||||||
Oil, Gas & Consumable Fuels2.6% | ||||||||
ConocoPhillips |
64,500 | 6,600,930 | ||||||
Hess Corp. |
44,426 | 4,841,990 | ||||||
Pioneer Natural Resources Co. |
18,847 | 4,080,941 | ||||||
|
|
|||||||
15,523,861 | ||||||||
|
|
|||||||
Pharmaceuticals4.2% | ||||||||
Bayer AG |
50,363 | 2,324,148 | ||||||
Johnson & Johnson |
59,737 | 9,758,636 | ||||||
Merck & Co., Inc. |
107,379 | 9,247,480 | ||||||
Organon & Co. |
47,175 | 1,103,895 | ||||||
Roche Holding AG |
8,517 | 2,777,045 | ||||||
|
|
|||||||
25,211,204 | ||||||||
|
|
|||||||
Professional Services0.2% | ||||||||
Equifax, Inc. |
6,369 | 1,091,838 | ||||||
|
|
|||||||
Road & Rail1.0% | ||||||||
Union Pacific Corp. |
29,483 | 5,743,878 | ||||||
|
|
|||||||
Semiconductors & Semiconductor Equipment2.3% | ||||||||
Applied Materials, Inc. |
29,312 | 2,401,532 | ||||||
Intel Corp. |
109,525 | 2,822,459 | ||||||
NXP Semiconductors NV |
23,452 | 3,459,405 | ||||||
Taiwan Semiconductor Manufacturing Co., Ltd. (ADR) |
26,036 | 1,785,028 | ||||||
Texas Instruments, Inc. |
19,153 | 2,964,501 | ||||||
|
|
|||||||
13,432,925 | ||||||||
|
|
|||||||
Software2.2% | ||||||||
Microsoft Corp. |
50,951 | 11,866,488 | ||||||
Oracle Corp. |
22,555 | 1,377,434 | ||||||
|
|
|||||||
13,243,922 | ||||||||
|
|
|||||||
Specialty Retail0.3% | ||||||||
Home Depot, Inc. (The) |
2,727 | 752,489 | ||||||
Ross Stores, Inc. |
8,760 | 738,205 | ||||||
|
|
|||||||
1,490,694 | ||||||||
|
|
|||||||
Tobacco0.9% | ||||||||
Philip Morris International, Inc. |
64,502 | 5,354,311 | ||||||
|
|
|||||||
Wireless Telecommunication Services0.8% | ||||||||
T-Mobile U.S., Inc. (a) |
35,787 | 4,801,542 | ||||||
|
|
|||||||
Total Common Stocks |
334,079,853 | |||||||
|
|
|||||||
U.S. Treasury & Government Agencies 20.1% |
| |||||||
Agency Sponsored Mortgage - Backed11.8% | ||||||||
Fannie Mae 15 Yr. Pool 2.000%, 05/01/37 |
3,033,483 | 2,675,901 | ||||||
2.500%, 11/01/31 |
21,416 | 19,825 | ||||||
3.000%, 11/01/28 |
56,601 | 54,302 | ||||||
3.000%, 09/01/30 |
34,466 | 32,499 | ||||||
3.000%, 12/01/31 |
530,960 | 501,371 | ||||||
3.000%, 08/01/33 |
22,024 | 20,525 | ||||||
3.000%, 10/01/33 |
458,128 | 426,873 | ||||||
3.000%, 12/01/33 |
40,919 | 38,128 | ||||||
Fannie Mae 20 Yr. Pool 1.500%, 02/01/42 |
33,882 | 26,985 | ||||||
2.000%, 02/01/42 |
741,060 | 619,360 | ||||||
2.000%, 03/01/42 |
460,395 | 384,785 | ||||||
2.000%, 04/01/42 |
764,849 | 639,362 | ||||||
2.500%, 03/01/42 |
361,217 | 308,887 | ||||||
2.500%, 04/01/42 |
557,459 | 477,386 | ||||||
3.000%, 07/01/37 |
63,703 | 58,239 | ||||||
3.000%, 11/01/37 |
113,132 | 103,428 | ||||||
3.500%, 04/01/38 |
104,164 | 96,493 | ||||||
Fannie Mae 30 Yr. Pool | ||||||||
2.000%, 01/01/51 |
55,617 | 45,289 | ||||||
2.000%, 02/01/51 |
87,998 | 71,717 | ||||||
2.000%, 12/01/51 |
4,210,614 | 3,418,936 | ||||||
2.000%, 03/01/52 |
2,949,409 | 2,394,994 |
BHFTII-221
Table of Contents
Brighthouse Funds Trust II
MFS Total Return Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
U.S. Treasury & Government Agencies(Continued)
Security Description | Principal Amount* |
Value | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Fannie Mae 30 Yr. Pool | ||||||||
2.000%, 04/01/52 |
951,166 | $ | 771,948 | |||||
2.000%, 07/01/52 |
896,819 | 728,339 | ||||||
2.500%, 02/01/50 |
214,342 | 181,494 | ||||||
2.500%, 06/01/50 |
40,374 | 34,513 | ||||||
2.500%, 07/01/50 |
402,397 | 342,226 | ||||||
2.500%, 10/01/50 |
360,786 | 305,354 | ||||||
2.500%, 05/01/51 |
1,000,857 | 841,868 | ||||||
2.500%, 06/01/51 |
717,305 | 605,054 | ||||||
2.500%, 08/01/51 |
132,014 | 111,615 | ||||||
2.500%, 10/01/51 |
50,973 | 42,950 | ||||||
2.500%, 12/01/51 |
752,846 | 635,176 | ||||||
2.500%, 01/01/52 |
1,278,332 | 1,078,686 | ||||||
2.500%, 03/01/52 |
1,195,972 | 1,007,738 | ||||||
2.500%, 04/01/52 |
846,733 | 712,193 | ||||||
2.500%, 05/01/52 |
374,312 | 314,743 | ||||||
2.500%, 10/01/52 |
357,364 | 300,350 | ||||||
3.000%, 09/01/46 |
97,881 | 87,112 | ||||||
3.000%, 06/01/51 |
121,175 | 106,759 | ||||||
3.000%, 12/01/51 |
722,146 | 632,894 | ||||||
3.000%, 01/01/52 |
332,264 | 292,335 | ||||||
3.500%, 11/01/41 |
31,825 | 29,351 | ||||||
3.500%, 01/01/42 |
280,572 | 257,647 | ||||||
3.500%, 01/01/43 |
93,826 | 86,177 | ||||||
3.500%, 04/01/43 |
308,893 | 283,701 | ||||||
3.500%, 05/01/43 |
278,428 | 255,782 | ||||||
3.500%, 07/01/43 |
376,957 | 346,213 | ||||||
3.500%, 08/01/43 |
147,181 | 135,179 | ||||||
3.500%, 09/01/43 |
532,604 | 489,164 | ||||||
3.500%, 02/01/45 |
459,244 | 421,871 | ||||||
3.500%, 09/01/45 |
376,090 | 345,547 | ||||||
3.500%, 10/01/45 |
310,045 | 284,459 | ||||||
3.500%, 01/01/46 |
115,447 | 106,061 | ||||||
3.500%, 05/01/46 |
114,044 | 104,539 | ||||||
3.500%, 07/01/46 |
412,635 | 378,770 | ||||||
3.500%, 05/01/52 |
172,458 | 155,405 | ||||||
4.000%, 09/01/40 |
276,049 | 263,149 | ||||||
4.000%, 11/01/40 |
80,905 | 76,737 | ||||||
4.000%, 12/01/40 |
186,645 | 177,569 | ||||||
4.000%, 02/01/41 |
100,918 | 96,198 | ||||||
4.000%, 06/01/41 |
190,700 | 181,791 | ||||||
4.000%, 11/01/41 |
85,163 | 81,193 | ||||||
4.000%, 01/01/42 |
541,099 | 515,784 | ||||||
4.000%, 04/01/42 |
50,662 | 48,072 | ||||||
4.000%, 10/01/42 |
68,374 | 65,220 | ||||||
4.000%, 12/01/42 |
68,754 | 65,539 | ||||||
4.000%, 01/01/43 |
87,637 | 83,356 | ||||||
4.000%, 04/01/43 |
17,903 | 17,068 | ||||||
4.000%, 05/01/43 |
152,932 | 145,765 | ||||||
4.000%, 06/01/43 |
84,328 | 80,399 | ||||||
4.000%, 07/01/43 |
58,797 | 55,906 | ||||||
4.000%, 04/01/44 |
46,325 | 44,155 | ||||||
4.000%, 05/01/44 |
153,955 | 146,743 | ||||||
4.000%, 11/01/44 |
53,710 | 51,039 | ||||||
4.000%, 06/01/47 |
182,089 | 173,177 | ||||||
4.500%, 08/01/33 |
54,761 | 53,518 | ||||||
4.500%, 03/01/34 |
156,033 | 152,585 | ||||||
4.500%, 01/01/40 |
42,760 | 41,897 | ||||||
4.500%, 08/01/40 |
11,995 | 11,763 | ||||||
4.500%, 02/01/41 |
73,644 | 72,151 | ||||||
4.500%, 04/01/41 |
151,665 | 148,587 | ||||||
4.500%, 11/01/42 |
37,475 | 36,718 | ||||||
4.500%, 01/01/43 |
98,748 | 96,748 | ||||||
4.500%, 04/01/44 |
595,206 | 583,156 | ||||||
4.500%, 06/01/44 |
55,550 | 53,155 | ||||||
4.500%, 09/01/52 |
275,000 | 262,719 | ||||||
4.500%, 10/01/52 |
1,025,000 | 979,225 | ||||||
5.000%, 11/01/33 |
32,216 | 32,378 | ||||||
5.000%, 03/01/34 |
27,424 | 27,576 | ||||||
5.000%, 05/01/34 |
9,213 | 9,285 | ||||||
5.000%, 08/01/34 |
10,613 | 10,688 | ||||||
5.000%, 09/01/34 |
42,197 | 42,494 | ||||||
5.000%, 06/01/35 |
28,951 | 29,177 | ||||||
5.000%, 07/01/35 |
80,706 | 81,337 | ||||||
5.000%, 08/01/35 |
25,726 | 25,928 | ||||||
5.000%, 09/01/35 |
17,209 | 17,288 | ||||||
5.000%, 10/01/35 |
68,706 | 69,247 | ||||||
5.000%, 07/01/39 |
43,555 | 43,230 | ||||||
5.000%, 10/01/39 |
36,068 | 36,395 | ||||||
5.000%, 11/01/39 |
20,568 | 20,663 | ||||||
5.000%, 11/01/40 |
35,086 | 34,718 | ||||||
5.000%, 03/01/41 |
24,386 | 24,477 | ||||||
5.500%, 02/01/33 |
3,449 | 3,433 | ||||||
5.500%, 05/01/33 |
1,778 | 1,770 | ||||||
5.500%, 06/01/33 |
61,009 | 62,248 | ||||||
5.500%, 07/01/33 |
51,367 | 52,784 | ||||||
5.500%, 11/01/33 |
31,606 | 32,215 | ||||||
5.500%, 01/01/34 |
38,158 | 38,440 | ||||||
5.500%, 02/01/34 |
42,854 | 43,815 | ||||||
5.500%, 03/01/34 |
17,411 | 17,453 | ||||||
5.500%, 04/01/34 |
18,342 | 18,257 | ||||||
5.500%, 05/01/34 |
103,622 | 104,925 | ||||||
5.500%, 06/01/34 |
148,338 | 152,314 | ||||||
5.500%, 07/01/34 |
39,278 | 39,542 | ||||||
5.500%, 09/01/34 |
148,399 | 149,015 | ||||||
5.500%, 10/01/34 |
144,102 | 145,251 | ||||||
5.500%, 11/01/34 |
194,060 | 197,156 | ||||||
5.500%, 12/01/34 |
70,577 | 70,963 | ||||||
5.500%, 01/01/35 |
127,791 | 132,000 | ||||||
5.500%, 04/01/35 |
29,779 | 30,715 | ||||||
5.500%, 07/01/35 |
7,518 | 7,480 | ||||||
5.500%, 09/01/35 |
78,896 | 80,895 | ||||||
6.000%, 02/01/32 |
35,026 | 35,665 | ||||||
6.000%, 03/01/34 |
10,578 | 10,883 | ||||||
6.000%, 04/01/34 |
97,200 | 100,000 | ||||||
6.000%, 06/01/34 |
92,719 | 96,241 | ||||||
6.000%, 07/01/34 |
63,593 | 65,689 | ||||||
6.000%, 08/01/34 |
97,384 | 100,540 | ||||||
6.000%, 10/01/34 |
52,797 | 54,251 | ||||||
6.000%, 11/01/34 |
22,601 | 23,161 | ||||||
6.000%, 12/01/34 |
7,067 | 7,188 |
BHFTII-222
Table of Contents
Brighthouse Funds Trust II
MFS Total Return Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
U.S. Treasury & Government Agencies(Continued)
Security Description | Principal Amount* |
Value | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Fannie Mae 30 Yr. Pool | ||||||||
6.000%, 08/01/35 |
5,279 | $ | 5,366 | |||||
6.000%, 09/01/35 |
17,154 | 17,777 | ||||||
6.000%, 10/01/35 |
35,165 | 36,330 | ||||||
6.000%, 11/01/35 |
7,619 | 7,751 | ||||||
6.000%, 12/01/35 |
32,098 | 33,043 | ||||||
6.000%, 02/01/36 |
44,039 | 44,844 | ||||||
6.000%, 04/01/36 |
17,722 | 18,028 | ||||||
6.000%, 06/01/36 |
4,256 | 4,467 | ||||||
6.000%, 07/01/37 |
35,199 | 36,154 | ||||||
6.500%, 06/01/31 |
11,643 | 11,999 | ||||||
6.500%, 09/01/31 |
16,985 | 17,505 | ||||||
6.500%, 02/01/32 |
6,073 | 6,279 | ||||||
6.500%, 07/01/32 |
30,032 | 31,439 | ||||||
6.500%, 08/01/32 |
20,573 | 21,295 | ||||||
6.500%, 01/01/33 |
13,359 | 13,768 | ||||||
6.500%, 04/01/34 |
33,193 | 34,278 | ||||||
6.500%, 06/01/34 |
9,763 | 10,062 | ||||||
6.500%, 04/01/36 |
10,098 | 10,465 | ||||||
6.500%, 05/01/36 |
15,608 | 16,086 | ||||||
6.500%, 02/01/37 |
35,597 | 36,687 | ||||||
6.500%, 05/01/37 |
15,198 | 15,664 | ||||||
6.500%, 07/01/37 |
22,332 | 23,015 | ||||||
Fannie Mae Pool | ||||||||
2.410%, 05/01/23 |
81,366 | 81,032 | ||||||
5.000%, 03/01/26 |
76,026 | 76,930 | ||||||
Fannie Mae REMICS (CMO) | ||||||||
2.000%, 10/25/40 |
5,550 | 5,471 | ||||||
2.000%, 05/25/44 |
18,882 | 18,251 | ||||||
2.000%, 04/25/46 |
65,101 | 59,309 | ||||||
3.000%, 02/25/33 (c) |
78,058 | 7,355 | ||||||
3.250%, 05/25/40 |
31,939 | 29,807 | ||||||
4.000%, 10/25/40 |
44,451 | 43,119 | ||||||
4.000%, 07/25/46 (c) |
96,594 | 18,473 | ||||||
5.000%, 03/25/25 |
7,913 | 7,895 | ||||||
Freddie Mac 15 Yr. Gold Pool | ||||||||
4.500%, 08/01/24 |
19,567 | 19,273 | ||||||
Freddie Mac 15 Yr. Pool | ||||||||
2.500%, 04/01/37 |
221,255 | 200,431 | ||||||
Freddie Mac 20 Yr. Gold Pool | ||||||||
3.000%, 01/01/38 |
214,727 | 194,028 | ||||||
3.500%, 11/01/37 |
148,909 | 139,191 | ||||||
4.000%, 08/01/37 |
39,202 | 37,438 | ||||||
Freddie Mac 20 Yr. Pool | ||||||||
2.000%, 02/01/42 |
502,651 | 420,104 | ||||||
Freddie Mac 30 Yr. Gold Pool | ||||||||
3.000%, 10/01/42 |
264,607 | 236,861 | ||||||
3.000%, 04/01/43 |
642,815 | 576,412 | ||||||
3.000%, 05/01/43 |
545,255 | 488,857 | ||||||
3.000%, 05/01/46 |
220,725 | 196,772 | ||||||
3.000%, 10/01/46 |
498,035 | 443,237 | ||||||
3.000%, 11/01/46 |
517,977 | 461,017 | ||||||
3.500%, 02/01/42 |
208,891 | 192,085 | ||||||
3.500%, 04/01/42 |
144,840 | 134,072 | ||||||
3.500%, 12/01/42 |
378,313 | 347,984 | ||||||
3.500%, 04/01/43 |
86,205 | 79,268 | ||||||
3.500%, 07/01/43 |
17,757 | 16,327 | ||||||
3.500%, 08/01/43 |
216,014 | 198,622 | ||||||
3.500%, 12/01/45 |
120,184 | 110,511 | ||||||
3.500%, 12/01/46 |
172,889 | 158,400 | ||||||
4.000%, 11/01/40 |
177,120 | 168,161 | ||||||
4.000%, 01/01/41 |
379,178 | 361,834 | ||||||
4.000%, 04/01/44 |
136,772 | 130,089 | ||||||
4.500%, 04/01/35 |
15,305 | 14,982 | ||||||
4.500%, 07/01/39 |
67,246 | 65,985 | ||||||
4.500%, 09/01/39 |
38,712 | 37,976 | ||||||
4.500%, 10/01/39 |
21,227 | 20,824 | ||||||
4.500%, 12/01/39 |
32,952 | 32,319 | ||||||
4.500%, 05/01/42 |
60,442 | 59,294 | ||||||
5.000%, 09/01/33 |
62,516 | 62,903 | ||||||
5.000%, 03/01/34 |
18,251 | 18,187 | ||||||
5.000%, 04/01/34 |
11,448 | 11,539 | ||||||
5.000%, 08/01/35 |
12,700 | 12,814 | ||||||
5.000%, 11/01/35 |
22,094 | 22,293 | ||||||
5.000%, 12/01/36 |
16,156 | 16,300 | ||||||
5.000%, 07/01/39 |
106,811 | 107,778 | ||||||
5.500%, 12/01/33 |
85,362 | 87,661 | ||||||
5.500%, 01/01/34 |
54,123 | 55,800 | ||||||
5.500%, 04/01/34 |
8,824 | 8,794 | ||||||
5.500%, 11/01/34 |
9,055 | 9,110 | ||||||
5.500%, 05/01/35 |
14,319 | 14,277 | ||||||
5.500%, 09/01/35 |
13,553 | 13,505 | ||||||
5.500%, 10/01/35 |
17,115 | 17,081 | ||||||
6.000%, 04/01/34 |
35,419 | 36,175 | ||||||
6.000%, 07/01/34 |
17,915 | 18,382 | ||||||
6.000%, 08/01/34 |
110,951 | 115,870 | ||||||
6.000%, 09/01/34 |
2,090 | 2,131 | ||||||
6.000%, 07/01/35 |
14,615 | 15,372 | ||||||
6.000%, 08/01/35 |
17,840 | 18,764 | ||||||
6.000%, 11/01/35 |
17,889 | 18,815 | ||||||
6.000%, 10/01/36 |
8,694 | 8,862 | ||||||
6.000%, 05/01/37 |
33,421 | 34,634 | ||||||
6.000%, 06/01/37 |
10,733 | 10,985 | ||||||
6.500%, 05/01/34 |
8,031 | 8,286 | ||||||
6.500%, 06/01/34 |
27,494 | 28,410 | ||||||
6.500%, 08/01/34 |
18,986 | 19,664 | ||||||
6.500%, 11/01/34 |
35,481 | 36,865 | ||||||
6.500%, 05/01/37 |
14,641 | 15,104 | ||||||
6.500%, 07/01/37 |
18,091 | 18,718 | ||||||
Freddie Mac 30 Yr. Pool | ||||||||
2.000%, 02/01/52 |
557,319 | 453,074 | ||||||
2.000%, 03/01/52 |
626,843 | 508,546 | ||||||
2.500%, 04/01/48 |
67,388 | 56,963 | ||||||
2.500%, 09/01/51 |
35,579 | 29,967 | ||||||
2.500%, 10/01/51 |
277,283 | 234,405 | ||||||
2.500%, 12/01/51 |
2,922,569 | 2,460,828 | ||||||
2.500%, 03/01/52 |
431,714 | 363,819 | ||||||
2.500%, 06/01/52 |
716,803 | 602,549 | ||||||
3.000%, 03/01/48 |
43,300 | 38,154 | ||||||
3.000%, 07/01/50 |
19,103 | 16,847 | ||||||
3.000%, 01/01/52 |
339,013 | 296,508 |
BHFTII-223
Table of Contents
Brighthouse Funds Trust II
MFS Total Return Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
U.S. Treasury & Government Agencies(Continued)
Security Description | Principal Amount* |
Value | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Freddie Mac 30 Yr. Pool | ||||||||
3.500%, 12/01/46 |
403,632 | $ | 368,852 | |||||
3.500%, 05/01/52 |
116,076 | 104,866 | ||||||
4.000%, 08/01/47 |
216,842 | 204,281 | ||||||
5.000%, 10/01/35 |
38,793 | 38,972 | ||||||
5.000%, 08/01/52 |
600,000 | 585,893 | ||||||
6.000%, 03/01/36 |
13,425 | 13,657 | ||||||
6.500%, 10/01/34 |
26,422 | 27,355 | ||||||
Freddie Mac Multifamily Structured Pass-Through Certificates | ||||||||
0.324%, 11/25/27 (c) (d) |
5,207,000 | 52,706 | ||||||
0.375%, 12/25/27 (c) (d) |
3,235,000 | 40,265 | ||||||
0.399%, 11/25/24 (c) (d) |
4,908,000 | 26,814 | ||||||
0.406%, 09/25/27 (c) (d) |
3,341,000 | 45,482 | ||||||
0.415%, 12/25/27 (c) (d) |
3,579,000 | 52,314 | ||||||
0.416%, 11/25/27 (c) (d) |
3,634,672 | 44,740 | ||||||
0.422%, 01/25/31 (c) (d) |
1,570,813 | 32,581 | ||||||
0.435%, 08/25/24 (c) (d) |
4,897,000 | 39,788 | ||||||
0.436%, 11/25/32 (c) (d) |
2,673,711 | 57,545 | ||||||
0.441%, 11/25/31 (c) (d) |
2,325,421 | 62,325 | ||||||
0.458%, 11/25/27 (c) (d) |
3,297,821 | 47,420 | ||||||
0.460%, 08/25/27 (c) (d) |
3,107,000 | 48,097 | ||||||
0.469%, 10/25/24 (c) (d) |
5,763,791 | 30,597 | ||||||
0.493%, 12/25/27 (c) (d) |
5,614,567 | 90,552 | ||||||
0.504%, 08/25/24 (c) (d) |
7,906,040 | 55,927 | ||||||
0.557%, 08/25/27 (c) (d) |
2,074,821 | 36,479 | ||||||
0.597%, 12/25/31 (c) (d) |
2,074,891 | 75,427 | ||||||
0.608%, 08/25/31 (c) (d) |
484,244 | 17,073 | ||||||
0.613%, 03/25/31 (c) (d) |
1,260,378 | 42,080 | ||||||
0.623%, 07/25/24 (c) (d) |
4,483,000 | 40,399 | ||||||
0.632%, 09/25/31 (c) (d) |
1,578,796 | 59,648 | ||||||
0.665%, 12/25/31 (c) (d) |
3,517,256 | 143,446 | ||||||
0.710%, 07/25/27 (c) (d) |
3,805,058 | 86,766 | ||||||
0.714%, 07/25/24 (c) (d) |
1,437,860 | 10,791 | ||||||
0.775%, 06/25/27 (c) (d) |
4,356,000 | 120,149 | ||||||
0.829%, 03/25/31 (c) (d) |
539,591 | 27,006 | ||||||
0.873%, 01/25/31 (c) (d) |
658,188 | 34,310 | ||||||
0.887%, 06/25/27 (c) (d) |
1,451,943 | 41,180 | ||||||
0.955%, 09/25/31 (c) (d) |
453,515 | 27,343 | ||||||
1.027%, 01/25/31 (c) (d) |
441,180 | 27,290 | ||||||
1.039%, 07/25/31 (c) (d) |
361,575 | 23,790 | ||||||
1.044%, 04/25/24 (c) (d) |
1,302,698 | 14,832 | ||||||
1.172%, 11/25/30 (c) (d) |
400,945 | 28,178 | ||||||
1.218%, 07/25/29 (c) (d) |
256,043 | 15,115 | ||||||
1.263%, 09/25/30 (c) (d) |
229,735 | 17,180 | ||||||
1.268%, 08/25/29 (c) (d) |
1,587,262 | 97,955 | ||||||
1.334%, 05/25/31 (c) (d) |
240,722 | 19,867 | ||||||
1.436%, 06/25/30 (c) (d) |
396,103 | 33,182 | ||||||
1.704%, 08/25/30 (c) (d) |
357,560 | 35,730 | ||||||
1.766%, 05/25/30 (c) (d) |
384,386 | 39,087 | ||||||
1.906%, 05/25/30 (c) (d) |
1,002,928 | 109,718 | ||||||
1.917%, 04/25/30 (c) (d) |
300,000 | 32,442 | ||||||
1.985%, 04/25/30 (c) (d) |
808,011 | 90,737 | ||||||
2.510%, 11/25/22 |
304,521 | 303,846 | ||||||
2.670%, 12/25/24 |
507,000 | 486,910 | ||||||
3.010%, 07/25/25 |
134,000 | 128,412 | ||||||
3.060%, 07/25/23 (d) |
59,000 | 58,384 | ||||||
3.064%, 08/25/24 (d) |
249,596 | 243,224 | ||||||
3.111%, 02/25/23 |
603,131 | 601,118 | ||||||
3.171%, 10/25/24 |
424,000 | 412,121 | ||||||
3.250%, 04/25/23 (d) |
749,290 | 745,784 | ||||||
3.320%, 02/25/23 (d) |
211,353 | 210,582 | ||||||
3.458%, 08/25/23 (d) |
561,320 | 556,475 | ||||||
Freddie Mac REMICS (CMO) | ||||||||
3.000%, 07/15/39 |
40,994 | 38,135 | ||||||
4.500%, 12/15/40 (c) |
14,502 | 1,325 | ||||||
5.000%, 01/15/40 |
54,176 | 54,325 | ||||||
5.500%, 02/15/36 (c) |
18,313 | 3,077 | ||||||
Ginnie Mae I 30 Yr. Pool | ||||||||
3.500%, 12/15/41 |
212,556 | 198,102 | ||||||
3.500%, 02/15/42 |
38,138 | 35,545 | ||||||
4.500%, 09/15/33 |
28,738 | 28,110 | ||||||
4.500%, 11/15/39 |
63,126 | 62,188 | ||||||
4.500%, 03/15/40 |
89,775 | 88,901 | ||||||
4.500%, 04/15/40 |
95,051 | 92,540 | ||||||
4.500%, 06/15/40 |
30,942 | 30,232 | ||||||
5.000%, 03/15/34 |
9,687 | 9,771 | ||||||
5.000%, 06/15/34 |
24,253 | 24,461 | ||||||
5.000%, 12/15/34 |
7,871 | 7,866 | ||||||
5.000%, 06/15/35 |
5,922 | 5,855 | ||||||
5.500%, 11/15/32 |
44,401 | 44,868 | ||||||
5.500%, 08/15/33 |
64,124 | 64,835 | ||||||
5.500%, 12/15/33 |
47,080 | 49,632 | ||||||
5.500%, 09/15/34 |
32,595 | 33,814 | ||||||
5.500%, 10/15/35 |
7,632 | 7,742 | ||||||
6.000%, 12/15/28 |
13,606 | 14,089 | ||||||
6.000%, 12/15/31 |
7,510 | 7,784 | ||||||
6.000%, 03/15/32 |
856 | 876 | ||||||
6.000%, 10/15/32 |
65,445 | 70,529 | ||||||
6.000%, 01/15/33 |
529 | 548 | ||||||
6.000%, 02/15/33 |
1,026 | 1,061 | ||||||
6.000%, 04/15/33 |
66,374 | 71,481 | ||||||
6.000%, 08/15/33 |
445 | 456 | ||||||
6.000%, 07/15/34 |
27,340 | 28,352 | ||||||
6.000%, 09/15/34 |
18,380 | 18,829 | ||||||
6.000%, 01/15/38 |
49,311 | 52,520 | ||||||
Ginnie Mae II 30 Yr. Pool | ||||||||
2.000%, 01/20/52 |
1,252,534 | 1,047,134 | ||||||
2.500%, 08/20/51 |
289,408 | 249,781 | ||||||
2.500%, 09/20/51 |
1,180,608 | 1,018,252 | ||||||
2.500%, 11/20/51 |
1,094,945 | 944,196 | ||||||
2.500%, 05/20/52 |
891,270 | 767,428 | ||||||
3.000%, 04/20/45 |
90,215 | 81,137 | ||||||
3.000%, 04/20/46 |
40,502 | 36,458 | ||||||
3.000%, 08/20/46 |
44,298 | 39,668 | ||||||
3.000%, 09/20/46 |
101,318 | 90,934 | ||||||
3.000%, 11/20/47 |
477,801 | 429,207 | ||||||
3.000%, 01/20/48 |
669,366 | 599,727 | ||||||
3.000%, 02/20/48 |
40,061 | 35,892 | ||||||
3.000%, 04/20/48 |
13,765 | 12,335 | ||||||
3.000%, 11/20/51 |
184,267 | 163,317 | ||||||
3.000%, 02/20/52 |
168,168 | 148,932 |
BHFTII-224
Table of Contents
Brighthouse Funds Trust II
MFS Total Return Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
U.S. Treasury & Government Agencies(Continued)
Security Description | Principal Amount* |
Value | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Ginnie Mae II 30 Yr. Pool | ||||||||
3.000%, 05/20/52 |
225,000 | $ | 199,226 | |||||
3.000%, 06/20/52 |
250,000 | 221,380 | ||||||
3.000%, TBA (e) |
475,000 | 419,726 | ||||||
3.500%, 06/20/43 |
230,169 | 213,348 | ||||||
3.500%, 07/20/43 |
286,493 | 265,528 | ||||||
3.500%, 11/20/47 |
39,252 | 36,142 | ||||||
3.500%, 03/20/48 |
460,798 | 424,452 | ||||||
4.000%, 01/20/41 |
253,429 | 241,078 | ||||||
4.000%, 02/20/41 |
63,830 | 60,961 | ||||||
4.000%, 04/20/41 |
51,538 | 49,223 | ||||||
4.000%, 02/20/42 |
65,752 | 63,222 | ||||||
4.000%, 09/20/52 |
99,918 | 93,421 | ||||||
4.000%, TBA (e) |
825,000 | 770,376 | ||||||
4.500%, 07/20/33 |
4,756 | 4,700 | ||||||
4.500%, 09/20/33 |
3,273 | 3,234 | ||||||
4.500%, 12/20/34 |
1,870 | 1,848 | ||||||
4.500%, 03/20/35 |
15,259 | 15,080 | ||||||
4.500%, 01/20/41 |
71,259 | 71,028 | ||||||
4.500%, 09/20/52 |
1,549,900 | 1,485,391 | ||||||
4.500%, TBA (e) |
1,025,000 | 981,077 | ||||||
5.000%, 07/20/33 |
11,925 | 12,127 | ||||||
5.000%, 09/20/52 |
375,000 | 367,953 | ||||||
5.000%, TBA (e) |
1,100,000 | 1,076,545 | ||||||
6.000%, 01/20/35 |
15,906 | 16,889 | ||||||
6.000%, 02/20/35 |
8,096 | 8,586 | ||||||
6.000%, 04/20/35 |
14,023 | 14,954 | ||||||
Government National Mortgage Association (CMO) | ||||||||
0.586%, 02/16/59 (c) (d) |
786,893 | 28,532 | ||||||
4.000%, 07/20/41 |
51,925 | 50,574 | ||||||
4.500%, 09/20/41 |
33,447 | 32,743 | ||||||
Uniform Mortgage-Backed Securities 15 Yr. Pool | ||||||||
2.500%, TBA (e) |
525,000 | 475,084 | ||||||
Uniform Mortgage-Backed Securities 30 Yr. Pool | ||||||||
2.000%, TBA (e) |
1,275,000 | 1,032,053 | ||||||
2.500%, TBA (e) |
675,000 | 566,196 | ||||||
3.000%, TBA (e) |
1,550,000 | 1,348,803 | ||||||
5.500%, TBA (e) |
550,000 | 546,266 | ||||||
6.000%, TBA (e) |
175,000 | 177,782 | ||||||
|
|
|||||||
70,090,647 | ||||||||
|
|
|||||||
U.S. Treasury8.3% | ||||||||
U.S. Treasury Bonds | ||||||||
1.375%, 11/15/40 |
2,500,000 | 1,616,113 | ||||||
1.750%, 08/15/41 |
2,600,000 | 1,777,649 | ||||||
1.875%, 11/15/51 |
650,000 | 429,838 | ||||||
2.250%, 02/15/52 |
1,500,000 | 1,089,844 | ||||||
2.375%, 02/15/42 |
1,800,000 | 1,379,250 | ||||||
2.375%, 11/15/49 |
11,245,000 | 8,468,012 | ||||||
2.500%, 02/15/45 |
68,000 | 51,842 | ||||||
2.875%, 05/15/43 |
2,550,000 | 2,101,658 | ||||||
2.875%, 11/15/46 (b) |
2,439,000 | 1,991,787 | ||||||
3.000%, 02/15/48 |
2,000,000 | 1,683,750 | ||||||
U.S. Treasury Notes | ||||||||
0.375%, 11/30/25 (f) |
9,700,000 | 8,600,035 | ||||||
0.500%, 11/30/23 |
1,350,000 | 1,292,045 | ||||||
1.375%, 01/31/25 |
15,200,000 | 14,236,937 | ||||||
2.500%, 03/31/27 |
5,000,000 | 4,670,703 | ||||||
|
|
|||||||
49,389,463 | ||||||||
|
|
|||||||
Total U.S. Treasury & Government Agencies |
119,480,110 | |||||||
|
|
|||||||
Corporate Bonds & Notes13.2% |
| |||||||
Aerospace/Defense0.1% | ||||||||
BAE Systems plc | ||||||||
3.400%, 04/15/30 (144A) |
336,000 | 290,990 | ||||||
Raytheon Technologies Corp. | ||||||||
4.125%, 11/16/28 |
502,000 | 469,023 | ||||||
|
|
|||||||
760,013 | ||||||||
|
|
|||||||
Agriculture0.2% | ||||||||
BAT International Finance plc | ||||||||
4.448%, 03/16/28 |
1,224,000 | 1,090,899 | ||||||
|
|
|||||||
Auto Manufacturers0.3% | ||||||||
General Motors Co. | ||||||||
6.750%, 04/01/46 |
298,000 | 271,332 | ||||||
Hyundai Capital America | ||||||||
2.650%, 02/10/25 (144A) (b) |
256,000 | 238,549 | ||||||
3.000%, 02/10/27 (144A) (b) |
458,000 | 406,719 | ||||||
Stellantis Finance U.S., Inc. | ||||||||
2.691%, 09/15/31 (144A) (b) |
1,012,000 | 722,019 | ||||||
Volkswagen Group of America Finance LLC | ||||||||
3.350%, 05/13/25 (144A) |
305,000 | 289,299 | ||||||
|
|
|||||||
1,927,918 | ||||||||
|
|
|||||||
Auto Parts & Equipment0.1% | ||||||||
Lear Corp. | ||||||||
4.250%, 05/15/29 |
217,000 | 191,282 | ||||||
Magna International, Inc. | ||||||||
2.450%, 06/15/30 (b) |
620,000 | 502,060 | ||||||
|
|
|||||||
693,342 | ||||||||
|
|
|||||||
Banks2.7% | ||||||||
Bank of America Corp. | ||||||||
2.572%, SOFR + 1.210%, 10/20/32 (d) |
961,000 | 735,000 | ||||||
3.004%, 3M LIBOR + 0.790%, 12/20/23 (d) |
455,000 | 452,584 | ||||||
3.366%, 3M LIBOR + 0.810%, 01/23/26 (d) |
527,000 | 499,327 | ||||||
3.500%, 04/19/26 (b) |
441,000 | 414,278 | ||||||
Barclays plc | ||||||||
2.894%, 1Y H15 + 1.300%, 11/24/32 (b) (d) |
259,000 | 187,247 | ||||||
Credit Suisse Group AG | ||||||||
3.091%, SOFR + 1.730%, 05/14/32 (144A) (d) |
250,000 | 175,510 | ||||||
Deutsche Bank AG | ||||||||
2.311%, SOFR + 1.219%, 11/16/27 (d) |
258,000 | 209,280 |
BHFTII-225
Table of Contents
Brighthouse Funds Trust II
MFS Total Return Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Banks(Continued) | ||||||||
Goldman Sachs Group, Inc. (The) | ||||||||
2.383%, SOFR + 1.248%, 07/21/32 (b) (d) |
891,000 | $ | 671,801 | |||||
2.600%, 02/07/30 (b) |
667,000 | 537,853 | ||||||
HSBC Holdings plc | ||||||||
4.000%, 5Y H15 + 3.222%, 03/09/26 (d) |
200,000 | 160,000 | ||||||
4.700%, 5Y H15 + 3.250%, 03/09/31 (b) (d) |
332,000 | 235,775 | ||||||
JPMorgan Chase & Co. | ||||||||
2.545%, SOFR + 1.180%, 11/08/32 (b) (d) |
1,450,000 | 1,100,282 | ||||||
2.739%, SOFR + 1.510%, 10/15/30 (d) |
277,000 | 225,226 | ||||||
2.963%, SOFR + 1.260%, 01/25/33 (d) |
555,000 | 436,277 | ||||||
3.782%, 3M LIBOR + 1.337%, 02/01/28 (d) |
1,110,000 | 1,017,686 | ||||||
3.897%, 3M LIBOR + 1.220%, 01/23/49 (d) |
320,000 | 236,955 | ||||||
Macquarie Group, Ltd. | ||||||||
4.442%, SOFR + 2.405%, 06/21/33 (144A) (b) (d) |
1,713,000 | 1,459,831 | ||||||
Mitsubishi UFJ Financial Group, Inc. | ||||||||
2.852%, 1Y H15 + 1.100%, 01/19/33 (d) |
920,000 | 712,910 | ||||||
Morgan Stanley | ||||||||
2.699%, SOFR + 1.143%, 01/22/31 (d) |
718,000 | 582,133 | ||||||
2.943%, SOFR + 1.290%, 01/21/33 (d) |
919,000 | 726,528 | ||||||
3.875%, 04/29/24 (b) |
191,000 | 187,507 | ||||||
4.000%, 07/23/25 |
352,000 | 340,699 | ||||||
Royal Bank of Canada | ||||||||
1.150%, 06/10/25 (b) |
850,000 | 767,023 | ||||||
State Street Corp. | ||||||||
2.901%, SOFR + 2.600%, 03/30/26 (d) |
108,000 | 101,942 | ||||||
Sumitomo Mitsui Financial Group, Inc. | ||||||||
2.472%, 01/14/29 (b) |
1,536,000 | 1,260,105 | ||||||
UBS Group AG | ||||||||
2.095%, 1Y H15 + 1.000%, 02/11/32 (144A) (d) |
1,883,000 | 1,368,503 | ||||||
Wells Fargo & Co. | ||||||||
3.350%, SOFR + 1.500%, 03/02/33 (d) |
1,499,000 | 1,215,641 | ||||||
|
|
|||||||
16,017,903 | ||||||||
|
|
|||||||
Beverages0.4% | ||||||||
Anheuser-Busch InBev Worldwide, Inc. | ||||||||
4.375%, 04/15/38 |
208,000 | 177,601 | ||||||
8.000%, 11/15/39 |
868,000 | 1,032,535 | ||||||
Constellation Brands, Inc. | ||||||||
3.500%, 05/09/27 (b) |
456,000 | 421,393 | ||||||
Diageo Capital plc | ||||||||
2.375%, 10/24/29 |
835,000 | 698,315 | ||||||
Keurig Dr Pepper, Inc. | ||||||||
3.200%, 05/01/30 (b) |
93,000 | 79,125 | ||||||
|
|
|||||||
2,408,969 | ||||||||
|
|
|||||||
Building Materials0.2% | ||||||||
Carrier Global Corp. | ||||||||
3.377%, 04/05/40 |
665,000 | 480,767 | ||||||
Martin Marietta Materials, Inc. | ||||||||
2.500%, 03/15/30 |
56,000 | 44,980 | ||||||
Masco Corp. | ||||||||
2.000%, 02/15/31 (b) |
1,141,000 | 854,577 | ||||||
Vulcan Materials Co. | ||||||||
3.500%, 06/01/30 (b) |
115,000 | 98,366 | ||||||
|
|
|||||||
1,478,690 | ||||||||
|
|
|||||||
Chemicals0.1% | ||||||||
RPM International, Inc. | ||||||||
2.950%, 01/15/32 |
443,000 | 340,944 | ||||||
Sherwin-Williams Co. (The) | ||||||||
2.300%, 05/15/30 (b) |
461,000 | 368,214 | ||||||
|
|
|||||||
709,158 | ||||||||
|
|
|||||||
Commercial Services0.6% | ||||||||
Ashtead Capital, Inc. | ||||||||
5.500%, 08/11/32 (144A) |
764,000 | 708,215 | ||||||
ERAC USA Finance LLC | ||||||||
7.000%, 10/15/37 (144A) |
602,000 | 628,451 | ||||||
Experian Finance plc | ||||||||
4.250%, 02/01/29 (144A) |
533,000 | 483,302 | ||||||
Global Payments, Inc. | ||||||||
1.200%, 03/01/26 (b) |
583,000 | 501,756 | ||||||
2.900%, 11/15/31 |
467,000 | 357,054 | ||||||
RELX Capital, Inc. | ||||||||
3.000%, 05/22/30 |
174,000 | 146,798 | ||||||
Verisk Analytics, Inc. | ||||||||
4.125%, 03/15/29 |
570,000 | 519,960 | ||||||
|
|
|||||||
3,345,536 | ||||||||
|
|
|||||||
Cosmetics/Personal Care0.1% | ||||||||
GSK Consumer Healthcare Capital U.S. LLC | ||||||||
3.375%, 03/24/29 (144A) (b) |
542,000 | 472,379 | ||||||
|
|
|||||||
Diversified Financial Services1.0% | ||||||||
AerCap Ireland Capital DAC / AerCap Global Aviation Trust | ||||||||
2.450%, 10/29/26 (b) |
1,700,000 | 1,434,132 | ||||||
3.650%, 07/21/27 (b) |
320,000 | 279,448 | ||||||
4.875%, 01/16/24 |
150,000 | 147,566 | ||||||
Air Lease Corp. | ||||||||
2.200%, 01/15/27 (b) |
410,000 | 347,139 | ||||||
2.875%, 01/15/32 (b) |
538,000 | 405,494 | ||||||
Avolon Holdings Funding, Ltd. | ||||||||
3.250%, 02/15/27 (144A) |
640,000 | 535,964 | ||||||
4.375%, 05/01/26 (144A) |
215,000 | 192,327 | ||||||
Capital One Financial Corp. | ||||||||
3.273%, SOFR + 1.790%, 03/01/30 (d) |
1,091,000 | 912,220 | ||||||
3.750%, 03/09/27 (b) |
554,000 | 510,012 | ||||||
Intercontinental Exchange, Inc. | ||||||||
2.100%, 06/15/30 (b) |
657,000 | 524,793 | ||||||
Morgan Stanley Domestic Holdings, Inc. | ||||||||
4.500%, 06/20/28 |
310,000 | 294,723 | ||||||
Raymond James Financial, Inc. | ||||||||
4.950%, 07/15/46 |
696,000 | 613,299 | ||||||
|
|
|||||||
6,197,117 | ||||||||
|
|
|||||||
Electric0.8% | ||||||||
Duke Energy Corp. | ||||||||
2.650%, 09/01/26 (b) |
99,000 | 89,815 | ||||||
4.500%, 08/15/32 |
875,000 | 791,281 | ||||||
Enel Finance International NV | ||||||||
2.650%, 09/10/24 (144A) |
334,000 | 316,116 |
BHFTII-226
Table of Contents
Brighthouse Funds Trust II
MFS Total Return Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Electric(Continued) | ||||||||
Evergy, Inc. | ||||||||
2.900%, 09/15/29 |
505,000 | $ | 417,200 | |||||
Exelon Corp. | ||||||||
4.050%, 04/15/30 (b) |
533,000 | 483,088 | ||||||
FirstEnergy Corp. | ||||||||
3.400%, 03/01/50 |
330,000 | 216,150 | ||||||
Georgia Power Co. | ||||||||
3.700%, 01/30/50 |
44,000 | 31,893 | ||||||
Jersey Central Power & Light Co. | ||||||||
2.750%, 03/01/32 (144A) |
275,000 | 218,190 | ||||||
4.300%, 01/15/26 (144A) |
422,000 | 405,091 | ||||||
Oncor Electric Delivery Co. LLC | ||||||||
5.750%, 03/15/29 |
646,000 | 664,171 | ||||||
Pacific Gas & Electric Co. | ||||||||
2.100%, 08/01/27 |
145,000 | 117,213 | ||||||
2.500%, 02/01/31 |
466,000 | 339,086 | ||||||
3.000%, 06/15/28 (b) |
418,000 | 344,409 | ||||||
3.300%, 08/01/40 (b) |
283,000 | 181,165 | ||||||
Xcel Energy, Inc. | ||||||||
3.400%, 06/01/30 (b) |
297,000 | 257,725 | ||||||
|
|
|||||||
4,872,593 | ||||||||
|
|
|||||||
Electronics0.1% | ||||||||
Arrow Electronics, Inc. | ||||||||
2.950%, 02/15/32 (b) |
749,000 | 569,684 | ||||||
|
|
|||||||
Entertainment0.1% | ||||||||
Warnermedia Holdings, Inc. | ||||||||
5.050%, 03/15/42 (144A) |
564,000 | 422,010 | ||||||
5.141%, 03/15/52 (144A) |
493,000 | 358,321 | ||||||
|
|
|||||||
780,331 | ||||||||
|
|
|||||||
Environmental Control0.0% | ||||||||
Republic Services, Inc. | ||||||||
1.450%, 02/15/31 |
272,000 | 203,079 | ||||||
|
|
|||||||
Gas0.3% | ||||||||
APT Pipelines, Ltd. | ||||||||
4.200%, 03/23/25 (144A) (b) |
1,100,000 | 1,053,321 | ||||||
4.250%, 07/15/27 (144A) |
84,000 | 77,795 | ||||||
East Ohio Gas Co. (The) | ||||||||
2.000%, 06/15/30 (144A) |
365,000 | 283,834 | ||||||
NiSource, Inc. | ||||||||
5.650%, 02/01/45 |
136,000 | 125,888 | ||||||
|
|
|||||||
1,540,838 | ||||||||
|
|
|||||||
Healthcare-Products 0.1% | ||||||||
Alcon Finance Corp. | ||||||||
2.600%, 05/27/30 (144A) |
200,000 | 161,353 | ||||||
Boston Scientific Corp. | ||||||||
2.650%, 06/01/30 (b) |
470,000 | 389,976 | ||||||
|
|
|||||||
551,329 | ||||||||
|
|
|||||||
Healthcare-Services0.4% | ||||||||
HCA, Inc. | ||||||||
4.125%, 06/15/29 |
567,000 | 497,253 | ||||||
4.375%, 03/15/42 (144A) |
348,000 | 260,080 | ||||||
5.125%, 06/15/39 |
522,000 | 438,048 | ||||||
Humana, Inc. | ||||||||
3.700%, 03/23/29 |
543,000 | 486,936 | ||||||
Laboratory Corp. of America Holdings | ||||||||
4.700%, 02/01/45 |
152,000 | 125,640 | ||||||
Northwell Healthcare, Inc. | ||||||||
3.979%, 11/01/46 |
51,000 | 39,746 | ||||||
4.260%, 11/01/47 |
407,000 | 325,760 | ||||||
|
|
|||||||
2,173,463 | ||||||||
|
|
|||||||
Insurance0.7% | ||||||||
AIA Group, Ltd. |
804,000 | 714,016 | ||||||
Aon Corp. |
1,126,000 | 1,012,796 | ||||||
Brown & Brown, Inc. |
618,000 | 528,342 | ||||||
Corebridge Financial, Inc. |
955,000 | 806,086 | ||||||
Fairfax Financial Holdings, Ltd. |
870,000 | 802,166 | ||||||
Liberty Mutual Group, Inc. |
331,000 | 222,703 | ||||||
|
|
|||||||
4,086,109 | ||||||||
|
|
|||||||
Internet0.1% | ||||||||
Booking Holdings, Inc. | ||||||||
4.625%, 04/13/30 |
424,000 | 398,490 | ||||||
|
|
|||||||
Investment Companies0.3% | ||||||||
Temasek Financial I, Ltd. | ||||||||
2.375%, 01/23/23 (144A) |
1,790,000 | 1,779,296 | ||||||
|
|
|||||||
Lodging0.3% | ||||||||
Las Vegas Sands Corp. | ||||||||
3.900%, 08/08/29 (b) |
257,000 | 212,482 | ||||||
Marriott International, Inc. | ||||||||
2.750%, 10/15/33 (b) |
475,000 | 344,801 | ||||||
2.850%, 04/15/31 |
2,000 | 1,570 | ||||||
4.000%, 04/15/28 |
553,000 | 500,739 | ||||||
4.625%, 06/15/30 (b) |
582,000 | 525,942 | ||||||
|
|
|||||||
1,585,534 | ||||||||
|
|
|||||||
Machinery-Diversified0.3% | ||||||||
CNH Industrial Capital LLC | ||||||||
1.875%, 01/15/26 (b) |
135,000 | 120,206 | ||||||
4.200%, 01/15/24 (b) |
540,000 | 531,889 | ||||||
Westinghouse Air Brake Technologies Corp. | ||||||||
3.200%, 06/15/25 |
248,000 | 231,173 | ||||||
4.950%, 09/15/28 |
660,000 | 610,092 | ||||||
|
|
|||||||
1,493,360 | ||||||||
|
|
BHFTII-227
Table of Contents
Brighthouse Funds Trust II
MFS Total Return Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Media0.5% | ||||||||
Charter Communications Operating LLC / Charter Communications Operating Capital Corp. |
||||||||
3.500%, 06/01/41 |
628,000 | $ | 401,316 | |||||
5.250%, 04/01/53 |
505,000 | 386,706 | ||||||
5.375%, 05/01/47 |
132,000 | 102,106 | ||||||
6.384%, 10/23/35 |
310,000 | 284,290 | ||||||
Cox Communications, Inc. | ||||||||
1.800%, 10/01/30 (144A) |
404,000 | 298,083 | ||||||
Time Warner Entertainment Co. L.P. | ||||||||
8.375%, 07/15/33 |
592,000 | 631,521 | ||||||
Walt Disney Co. (The) | ||||||||
3.500%, 05/13/40 |
1,021,000 | 788,461 | ||||||
|
|
|||||||
2,892,483 | ||||||||
|
|
|||||||
Mining0.4% | ||||||||
Anglo American Capital plc | ||||||||
2.625%, 09/10/30 (144A) (b) |
1,340,000 | 1,031,447 | ||||||
3.875%, 03/16/29 (144A) (b) |
200,000 | 171,863 | ||||||
5.625%, 04/01/30 (144A) (b) |
524,000 | 495,754 | ||||||
Glencore Funding LLC | ||||||||
2.500%, 09/01/30 (144A) |
502,000 | 383,893 | ||||||
2.850%, 04/27/31 (144A) (b) |
208,000 | 160,929 | ||||||
4.125%, 05/30/23 (144A) |
416,000 | 413,363 | ||||||
|
|
|||||||
2,657,249 | ||||||||
|
|
|||||||
Oil & Gas0.6% | ||||||||
BP Capital Markets America, Inc. | ||||||||
2.721%, 01/12/32 (b) |
1,226,000 | 996,000 | ||||||
Eni S.p.A. | ||||||||
4.750%, 09/12/28 (144A) |
1,046,000 | 985,135 | ||||||
Equinor ASA | ||||||||
7.750%, 06/15/23 (b) |
100,000 | 102,195 | ||||||
Phillips 66 | ||||||||
2.150%, 12/15/30 (b) |
904,000 | 696,498 | ||||||
Valero Energy Corp. | ||||||||
6.625%, 06/15/37 |
596,000 | 593,192 | ||||||
|
|
|||||||
3,373,020 | ||||||||
|
|
|||||||
Pharmaceuticals0.0% | ||||||||
Cigna Corp. | ||||||||
3.200%, 03/15/40 (b) |
148,000 | 106,395 | ||||||
|
|
|||||||
Pipelines0.5% | ||||||||
Cheniere Corpus Christi Holdings LLC |
514,000 | 445,749 | ||||||
Enbridge, Inc. |
273,000 | 256,315 | ||||||
Kinder Morgan Energy Partners L.P. |
522,000 | 514,888 | ||||||
ONEOK, Inc. |
729,000 | 560,996 | ||||||
Plains All American Pipeline L.P. / PAA Finance Corp. |
538,000 | 451,119 | ||||||
Sabine Pass Liquefaction LLC |
147,000 | 133,913 | ||||||
Spectra Energy Partners L.P. |
236,000 | 217,713 | ||||||
Targa Resources Corp. |
217,000 | 180,717 | ||||||
|
|
|||||||
2,761,410 | ||||||||
|
|
|||||||
Real Estate Investment Trusts0.6% | ||||||||
Boston Properties L.P. |
389,000 | 286,819 | ||||||
Brixmor Operating Partnership L.P. |
512,000 | 431,331 | ||||||
4.125%, 05/15/29 (b) |
51,000 | 44,328 | ||||||
Crown Castle, Inc. |
213,000 | 191,145 | ||||||
3.650%, 09/01/27 |
843,000 | 763,130 | ||||||
Equinix, Inc. |
517,000 | 432,039 | ||||||
2.625%, 11/18/24 (b) |
800,000 | 757,097 | ||||||
GLP Capital L.P. / GLP Financing II, Inc. |
513,000 | 467,578 | ||||||
Realty Income Corp. |
153,000 | 130,560 | ||||||
|
|
|||||||
3,504,027 | ||||||||
|
|
|||||||
Retail0.3% | ||||||||
Alimentation Couche-Tard, Inc. |
619,000 | 421,637 | ||||||
Best Buy Co., Inc. |
587,000 | 548,525 | ||||||
Genuine Parts Co. |
814,000 | 629,997 | ||||||
|
|
|||||||
1,600,159 | ||||||||
|
|
|||||||
Semiconductors0.4% | ||||||||
Broadcom, Inc. |
803,000 | 549,209 | ||||||
3.469%, 04/15/34 (144A) |
347,000 | 260,338 | ||||||
4.150%, 11/15/30 |
153,000 | 132,428 | ||||||
4.300%, 11/15/32 |
395,000 | 331,656 | ||||||
4.926%, 05/15/37 (144A) |
208,000 | 171,511 | ||||||
NXP B.V. / NXP Funding LLC / NXP USA, Inc. |
651,000 | 489,231 | ||||||
3.250%, 05/11/41 (b) |
558,000 | 365,970 | ||||||
|
|
|||||||
2,300,343 | ||||||||
|
|
|||||||
Shipbuilding0.0% | ||||||||
Huntington Ingalls Industries, Inc. |
158,000 | 151,412 | ||||||
|
|
|||||||
Software0.1% | ||||||||
Fiserv, Inc. |
198,000 | 160,529 | ||||||
Roper Technologies, Inc. |
||||||||
2.000%, 06/30/30 (b) |
422,000 | 323,109 |
BHFTII-228
Table of Contents
Brighthouse Funds Trust II
MFS Total Return Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Software(Continued) | ||||||||
Roper Technologies, Inc. | ||||||||
2.950%, 09/15/29 |
128,000 | $ | 107,757 | |||||
4.200%, 09/15/28 (b) |
222,000 | 207,356 | ||||||
|
|
|||||||
798,751 | ||||||||
|
|
|||||||
Telecommunications 0.5% | ||||||||
Rogers Communications, Inc. |
1,514,000 | 1,309,385 | ||||||
T-Mobile USA, Inc. |
557,000 | 462,201 | ||||||
4.500%, 04/15/50 (b) |
57,000 | 45,631 | ||||||
Verizon Communications, Inc. |
310,000 | 263,682 | ||||||
4.272%, 01/15/36 (b) |
459,000 | 391,639 | ||||||
4.812%, 03/15/39 |
573,000 | 504,341 | ||||||
|
|
|||||||
2,976,879 | ||||||||
|
|
|||||||
Total Corporate Bonds & Notes | ||||||||
(Cost $93,077,029) |
78,258,158 | |||||||
|
|
|||||||
Asset-Backed Securities 4.9% | ||||||||
Asset-Backed - Automobile0.2% | ||||||||
Credit Acceptance Auto Loan Trust |
328,000 | 297,537 | ||||||
Santander Drive Auto Receivables Trust |
129,000 | 128,540 | ||||||
Santander Retail Auto Lease Trust |
487,000 | 484,523 | ||||||
|
|
|||||||
910,600 | ||||||||
|
|
|||||||
Asset-BackedHome Equity 0.0% | ||||||||
Bayview Financial Revolving Asset Trust |
178,954 | 228,122 | ||||||
GMAC Home Equity Loan Trust |
32,915 | 33,085 | ||||||
Home Equity Loan Trust |
20,344 | 20,256 | ||||||
|
|
|||||||
281,463 | ||||||||
|
|
|||||||
Asset-Backed - Other4.7% | ||||||||
ACRES Commercial Realty, Ltd. |
||||||||
4.689%, 1M LIBOR + 1.750%, 01/15/37 (144A) (d) |
535,500 | 515,090 | ||||||
Allegro CLO IV, Ltd. |
||||||||
4.062%, 3M LIBOR + 1.550%, 01/15/30 (144A) (d) |
702,748 | 672,559 | ||||||
American Tower Trust I | ||||||||
3.070%, 03/15/48 (144A) |
876,000 | 869,921 | ||||||
Arbor Realty Commercial Real Estate Notes, Ltd. 4.018%, 1M LIBOR + 1.200%, 12/15/35 (144A) (d) |
625,000 | 603,044 | ||||||
4.385%, SOFR30A + 2.100%, 01/15/37 (144A) (d) |
1,466,500 | 1,418,792 | ||||||
4.418%, 1M LIBOR + 1.600%, 08/15/34 (144A) (d) |
522,000 | 485,460 | ||||||
BDS, Ltd. |
||||||||
4.039%, 1M LIBOR + 1.100%, 08/15/36 (144A) (d) |
55,336 | 55,336 | ||||||
BSPRT Issuer, Ltd. |
||||||||
4.118%, 1M LIBOR + 1.300%, 03/15/36 (144A) (d) |
1,463,000 | 1,420,673 | ||||||
4.335%, SOFR30A + 2.050%, 02/15/37 (144A) (d) |
524,000 | 510,602 | ||||||
4.868%, 1M LIBOR + 2.050%, 12/15/38 (144A) (d) |
245,000 | 236,384 | ||||||
Business Jet Securities LLC |
340,790 | 299,197 | ||||||
CHCP FL1, Ltd. |
650,500 | 634,300 | ||||||
Columbia Cent CLO 28, Ltd. |
1,026,773 | 971,454 | ||||||
Cutwater, Ltd. |
570,456 | 565,038 | ||||||
Dryden 55 CLO, Ltd. |
1,430,000 | 1,401,846 | ||||||
Dryden Senior Loan Fund |
603,783 | 591,001 | ||||||
Ladder Capital Commercial Mortgage Trust |
682,500 | 661,290 | ||||||
Loancore Issuer, Ltd. 4.568%, 1M LIBOR + 1.750%, 07/15/36 (144A) (d) |
1,547,500 | 1,489,520 | ||||||
4.718%, 1M LIBOR + 1.900%, 11/15/38 (144A) (d) |
3,913,500 | 3,742,957 | ||||||
MF1, Ltd. |
650,507 | 621,788 | ||||||
4.660%, 1M TSFR + 1.814%, 11/15/35 (144A) (d) |
363,511 | 361,766 | ||||||
MidOcean Credit CLO II |
1,156,232 | 1,101,638 | ||||||
Neuberger Berman CLO XV |
508,944 | 481,047 | ||||||
Neuberger Berman CLO XX, Ltd. |
600,000 | 573,287 | ||||||
Oaktree CLO, Ltd. |
1,503,087 | 1,408,991 | ||||||
OCP CLO, Ltd. |
4,041,128 | 3,756,402 | ||||||
Small Business Administration Participation Certificates |
12,071 | 12,013 | ||||||
4.770%, 04/01/24 |
1,445 | 1,430 | ||||||
4.950%, 03/01/25 |
9,191 | 9,232 | ||||||
4.990%, 09/01/24 |
3,869 | 3,799 | ||||||
5.110%, 08/01/25 |
12,590 | 12,483 | ||||||
5.180%, 05/01/24 |
1,829 | 1,817 | ||||||
5.520%, 06/01/24 |
4,306 | 4,315 | ||||||
STWD, Ltd. |
||||||||
4.085%, SOFR30A + 1.800%, 11/15/38 (144A) (d) |
1,507,000 | 1,450,917 | ||||||
Verizon Owner Trust |
||||||||
1.980%, 07/22/24 |
782,000 | 770,138 | ||||||
Voya, Ltd. |
||||||||
3.962%, 3M LIBOR + 1.450%, 10/15/30 (144A) (d) |
584,168 | 547,169 | ||||||
|
|
|||||||
28,262,696 | ||||||||
|
|
|||||||
Total Asset-Backed Securities |
29,454,759 | |||||||
|
|
BHFTII-229
Table of Contents
Brighthouse Funds Trust II
MFS Total Return Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Mortgage-Backed Securities2.0%
Security Description | Shares/ Principal Amount* |
Value | ||||||
Collateralized Mortgage Obligations0.1% | ||||||||
Seasoned Credit Risk Transfer Trust |
240,529 | $ | 220,241 | |||||
3.250%, 11/25/61 |
182,560 | 165,360 | ||||||
3.500%, 08/25/58 |
77,444 | 71,580 | ||||||
3.500%, 10/25/58 |
186,477 | 175,196 | ||||||
|
|
|||||||
632,377 | ||||||||
|
|
|||||||
Commercial Mortgage-Backed Securities1.9% | ||||||||
AREIT Trust |
892,000 | 845,282 | ||||||
4.336%, 1M TSFR + 1.414%, 09/14/36 (144A) (d) |
1,953,000 | 1,911,095 | ||||||
BXMT, Ltd. |
1,532,500 | 1,499,964 | ||||||
Commercial Mortgage Trust |
1,300,833 | 1,246,912 | ||||||
CSAIL Commercial Mortgage Trust |
738,578 | 703,609 | ||||||
JPMBB Commercial Mortgage Securities Trust |
1,590,000 | 1,529,177 | ||||||
Morgan Stanley Bank of America Merrill Lynch Trust |
519,442 | 478,189 | ||||||
Ready Capital Mortgage Financing LLC |
751,998 | 741,293 | ||||||
4.884%, 1M LIBOR + 1.800%, 11/25/36 (144A) (d) |
320,000 | 301,168 | ||||||
UBS Commercial Mortgage Trust 2.921%, 10/15/52 |
743,153 | 629,005 | ||||||
Wells Fargo Commercial Mortgage Trust |
1,706,327 | 1,628,252 | ||||||
|
|
|||||||
11,513,946 | ||||||||
|
|
|||||||
Total Mortgage-Backed Securities |
12,146,323 | |||||||
|
|
|||||||
Convertible Preferred Stocks0.8% |
| |||||||
Auto Components0.2% | ||||||||
Aptiv plc |
11,000 | 1,047,200 | ||||||
|
|
|||||||
Health Care Equipment & Supplies0.3% | ||||||||
Boston Scientific Corp. |
19,658 | 1,989,783 | ||||||
|
|
|||||||
Wireless Telecommunication Services0.3% | ||||||||
T-Mobile U.S., Inc. |
1,603 | 1,803,214 | ||||||
|
|
|||||||
Total Convertible Preferred Stocks |
4,840,197 | |||||||
|
|
|||||||
Preferred Stocks0.6% |
| |||||||
Household Products0.4% | ||||||||
Henkel AG & Co. KGaA | 44,510 | 2,660,467 | ||||||
|
|
|||||||
Technology Hardware, Storage & Peripherals0.2% | ||||||||
Samsung Electronics Co., Ltd. |
27,270 | $ | 887,325 | |||||
|
|
|||||||
Total Preferred Stocks |
3,547,792 | |||||||
|
|
|||||||
Municipals0.4% | ||||||||
New Jersey Economic Development Authority | ||||||||
7.425%, 02/15/29 |
800,000 | 856,355 | ||||||
New Jersey Turnpike Authority | ||||||||
7.414%, 01/01/40 |
1,050,000 | 1,284,605 | ||||||
State Board of Administration Finance Corp. | ||||||||
2.154%, 07/01/30 |
436,000 | 350,043 | ||||||
|
|
|||||||
Total Municipals |
2,491,003 | |||||||
|
|
|||||||
Short-Term Investment2.9% | ||||||||
Repurchase Agreement2.9% | ||||||||
Fixed Income Clearing Corp. |
17,452,517 | 17,452,517 | ||||||
|
|
|||||||
Total Short-Term Investments |
17,452,517 | |||||||
|
|
|||||||
Securities Lending Reinvestments (g)4.7% | ||||||||
Certificates of Deposit0.3% | ||||||||
Barclays Bank plc | ||||||||
3.430%, SOFR + 0.450%, 10/07/22 (d) |
1,000,000 | 1,000,044 | ||||||
BNP Paribas S.A. | ||||||||
3.470%, SOFR + 0.510%, 03/15/23 (d) |
1,000,000 | 1,000,318 | ||||||
|
|
|||||||
2,000,362 | ||||||||
|
|
|||||||
Repurchase Agreements1.0% | ||||||||
National Bank of Canada |
1,500,000 | 1,500,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.200%, due on 10/07/22 with a maturity value of $2,601,618; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 5.500%, maturity dates ranging from 11/03/22 - 02/15/52, and various Common Stock with an aggregate market value of $2,849,730. |
2,600,000 | 2,600,000 | ||||||
Natixis S.A. (New York) |
347,314 | 347,314 |
BHFTII-230
Table of Contents
Brighthouse Funds Trust II
MFS Total Return Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Securities Lending Reinvestments (g)(Continued)
Security Description | Shares/ Principal Amount* |
Value | ||||||
Repurchase Agreements(Continued) | ||||||||
NBC Global Finance, Ltd. |
700,000 | $ | 700,000 | |||||
Societe Generale |
600,000 | 600,000 | ||||||
|
|
|||||||
5,747,314 | ||||||||
|
|
|||||||
Mutual Funds3.4% | ||||||||
Goldman Sachs Financial Square Government Fund, Institutional Shares |
5,000,000 | 5,000,000 | ||||||
Morgan Stanley Liquidity Funds Government Portfolio, Institutional Shares |
5,000,000 | 5,000,000 | ||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class |
5,000,000 | 5,000,000 | ||||||
STIT-Government & Agency Portfolio, Institutional Class |
5,000,000 | 5,000,000 | ||||||
|
|
|||||||
20,000,000 | ||||||||
|
|
|||||||
Total Securities Lending Reinvestments |
27,747,676 | |||||||
|
|
|||||||
Total Investments105.8% |
629,498,388 | |||||||
Other assets and liabilities (net)(5.8)% |
(34,776,247 | ) | ||||||
|
|
|||||||
Net Assets100.0% |
$ | 594,722,141 | ||||||
|
|
* | Principal amount stated in U.S. dollars unless otherwise noted. | |||
| Restricted securities are not registered under the Securities Act of 1933 and are subject to legal restrictions on resale. These securities generally may be resold in transactions exempt from registration or to the public if the securities are subsequently registered. Disposal of these securities may involve time-consuming negotiations and prompt sale at an acceptable price may be difficult. As of September 30, 2022, the market value of restricted securities was $1,042,461, which is 0.2% of net assets. See details shown in the Restricted Securities table that follows. | |||
(a) | Non-income producing security. | |||
(b) | All or a portion of the security was held on loan. As of September 30, 2022, the market value of securities loaned was $33,325,771 and the collateral received consisted of cash in the amount of $27,747,314 and non-cash collateral with a value of $7,172,174. The cash collateral investments are disclosed in the Schedule of Investments and categorized as Securities Lending Reinvestments. The non-cash collateral received consists of U.S. government securities that are held in safe-keeping by the lending agent, or a third- party custodian, and cannot be sold or repledged by the Portfolio. | |||
(c) | Interest only security. | |||
(d) | Variable or floating rate security. The stated rate represents the rate at September 30, 2022. Maturity date shown for callable securities reflects the earliest possible call date. For securities based on a published reference index and spread, the index and spread are indicated in the description above. For certain variable rate securities, the coupon rate is determined by the issuer/agent based on current market conditions. For certain asset- and mortgage-backed securities, the coupon rate may fluctuate based on changes of the underlying collateral or prepayments of principal. These securities do not indicate a reference index and spread in their description above. | |||
(e) | TBA (To Be Announced) Securities are purchased on a forward commitment basis with an approximate principal amount and no defined maturity date. The actual principal and maturity date will be determined upon settlement date. | |||
(f) | All or a portion of the security was pledged as collateral against open futures contracts. As of September 30, 2022, the market value of securities pledged was $513,342. | |||
(g) | Represents investment of cash collateral received from securities on loan as of September 30, 2022. | |||
(h) | The rate shown represents the annualized seven-day yield as of September 30, 2022. | |||
(144A) | Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of September 30, 2022, the market value of 144A securities was $58,064,650, which is 9.8% of net assets. |
Restricted Securities |
Acquisition Date |
Principal Amount |
Cost | Value | ||||||||||||
Ready Capital Mortgage Financing LLC, 4.084%, 04/25/38 |
03/19/21 | $ | 751,998 | $ | 751,998 | $ | 741,293 | |||||||||
Ready Capital Mortgage Financing LLC, 4.884%, 11/25/36 |
11/12/21 | 320,000 | 320,000 | 301,168 | ||||||||||||
|
|
|||||||||||||||
$ | 1,042,461 | |||||||||||||||
|
|
Futures Contracts
Futures ContractsLong |
Expiration Date |
Number of Contracts |
Notional Value | Value/ Unrealized Appreciation/ (Depreciation) |
||||||||||||||||
U.S. Treasury Note 2 Year Futures |
12/30/22 | 40 | USD | 8,215,625 | $ | (129,686 | ) | |||||||||||||
U.S. Treasury Note 5 Year Futures |
12/30/22 | 192 | USD | 20,641,500 | (717,701 | ) | ||||||||||||||
U.S. Treasury Ultra Long Bond Futures |
12/20/22 | 38 | USD | 5,206,000 | (410,107 | ) | ||||||||||||||
Futures ContractsShort |
||||||||||||||||||||
U.S. Treasury Note Ultra 10 Year Futures |
12/20/22 | (51 | ) | USD | (6,042,703 | ) | 217,542 | |||||||||||||
|
|
|||||||||||||||||||
Net Unrealized Depreciation |
|
$ | (1,039,952 | ) | ||||||||||||||||
|
|
BHFTII-231
Table of Contents
Brighthouse Funds Trust II
MFS Total Return Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Glossary of Abbreviations
Currencies
(USD)
|
United States Dollar |
Index Abbreviations
(H15) | U.S. Treasury Yield Curve Rate T-Note Constant Maturity Index | |||||||||
(LIBOR) | London Interbank Offered Rate | |||||||||
(SOFR) | Secured Overnight Financing Rate | |||||||||
(SOFR30A) | Secured Overnight Financing Rate 30-Day Average | |||||||||
(TSFR) | Term Secured Financing Rate |
Other Abbreviations
(ADR) | American Depositary Receipt | |||||||||
(CLO) | Collateralized Loan Obligation |
(CMO) | Collateralized Mortgage Obligation | |||||||||
(DAC) | Designated Activity Company | |||||||||
(REMIC) | Real Estate Mortgage Investment Conduit |
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks |
| |||||||||||||||
Aerospace & Defense |
$ | 8,402,291 | $ | | $ | | $ | 8,402,291 | ||||||||
Auto Components |
5,478,645 | | | 5,478,645 | ||||||||||||
Banks |
27,057,740 | | | 27,057,740 | ||||||||||||
Beverages |
3,911,367 | | | 3,911,367 | ||||||||||||
Biotechnology |
2,261,597 | | | 2,261,597 | ||||||||||||
Building Products |
10,816,730 | | | 10,816,730 | ||||||||||||
Capital Markets |
38,357,248 | | | 38,357,248 | ||||||||||||
Chemicals |
8,146,646 | | | 8,146,646 | ||||||||||||
Construction Materials |
1,944,091 | | | 1,944,091 | ||||||||||||
Distributors |
3,492,118 | | | 3,492,118 | ||||||||||||
Electric Utilities |
13,285,628 | | | 13,285,628 | ||||||||||||
Electrical Equipment |
12,330,447 | | | 12,330,447 | ||||||||||||
Entertainment |
2,377,499 | | | 2,377,499 | ||||||||||||
Equity Real Estate Investment Trusts |
2,018,498 | | | 2,018,498 | ||||||||||||
Food & Staples Retailing |
3,864,541 | | | 3,864,541 | ||||||||||||
Food Products |
7,428,231 | 1,389,618 | | 8,817,849 | ||||||||||||
Health Care Equipment & Supplies |
6,252,745 | | | 6,252,745 | ||||||||||||
Health Care Providers & Services |
17,684,318 | | | 17,684,318 | ||||||||||||
Hotels, Restaurants & Leisure |
2,183,590 | | | 2,183,590 | ||||||||||||
Household Products |
1,046,172 | | | 1,046,172 | ||||||||||||
Industrial Conglomerates |
4,923,277 | | | 4,923,277 | ||||||||||||
Insurance |
18,944,533 | | | 18,944,533 | ||||||||||||
Interactive Media & Services |
3,058,696 | | | 3,058,696 | ||||||||||||
IT Services |
14,037,813 | | | 14,037,813 | ||||||||||||
Life Sciences Tools & Services |
10,331,442 | | | 10,331,442 |
BHFTII-232
Table of Contents
Brighthouse Funds Trust II
MFS Total Return Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Fair Value Hierarchy(Continued)
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Machinery |
$ | 5,748,871 | $ | | $ | | $ | 5,748,871 | ||||||||
Media |
9,673,955 | | | 9,673,955 | ||||||||||||
Metals & Mining |
| 919,642 | | 919,642 | ||||||||||||
Multiline Retail |
817,689 | | | 817,689 | ||||||||||||
Oil, Gas & Consumable Fuels |
15,523,861 | | | 15,523,861 | ||||||||||||
Pharmaceuticals |
20,110,011 | 5,101,193 | | 25,211,204 | ||||||||||||
Professional Services |
1,091,838 | | | 1,091,838 | ||||||||||||
Road & Rail |
5,743,878 | | | 5,743,878 | ||||||||||||
Semiconductors & Semiconductor Equipment |
13,432,925 | | | 13,432,925 | ||||||||||||
Software |
13,243,922 | | | 13,243,922 | ||||||||||||
Specialty Retail |
1,490,694 | | | 1,490,694 | ||||||||||||
Tobacco |
5,354,311 | | | 5,354,311 | ||||||||||||
Wireless Telecommunication Services |
4,801,542 | | | 4,801,542 | ||||||||||||
Total Common Stocks |
326,669,400 | 7,410,453 | | 334,079,853 | ||||||||||||
Total U.S. Treasury & Government Agencies* |
| 119,480,110 | | 119,480,110 | ||||||||||||
Total Corporate Bonds & Notes* |
| 78,258,158 | | 78,258,158 | ||||||||||||
Total Asset-Backed Securities* |
| 29,454,759 | | 29,454,759 | ||||||||||||
Total Mortgage-Backed Securities* |
| 12,146,323 | | 12,146,323 | ||||||||||||
Convertible Preferred Stocks |
| |||||||||||||||
Auto Components |
1,047,200 | | | 1,047,200 | ||||||||||||
Health Care Equipment & Supplies |
1,989,783 | | | 1,989,783 | ||||||||||||
Wireless Telecommunication Services |
| 1,803,214 | | 1,803,214 | ||||||||||||
Total Convertible Preferred Stocks |
3,036,983 | 1,803,214 | | 4,840,197 | ||||||||||||
Total Preferred Stocks* |
| 3,547,792 | | 3,547,792 | ||||||||||||
Total Municipals* |
| 2,491,003 | | 2,491,003 | ||||||||||||
Total Short-Term Investment* |
| 17,452,517 | | 17,452,517 | ||||||||||||
Securities Lending Reinvestments |
| |||||||||||||||
Certificates of Deposit |
| 2,000,362 | | 2,000,362 | ||||||||||||
Repurchase Agreements |
| 5,747,314 | | 5,747,314 | ||||||||||||
Mutual Funds |
20,000,000 | | | 20,000,000 | ||||||||||||
Total Securities Lending Reinvestments |
20,000,000 | 7,747,676 | | 27,747,676 | ||||||||||||
Total Investments |
$ | 349,706,383 | $ | 279,792,005 | $ | | $ | 629,498,388 | ||||||||
Collateral for Securities Loaned (Liability) |
$ | | $ | (27,747,314 | ) | $ | | $ | (27,747,314 | ) | ||||||
Futures Contracts | ||||||||||||||||
Futures Contracts (Unrealized Appreciation) |
$ | 217,542 | $ | | $ | | $ | 217,542 | ||||||||
Futures Contracts (Unrealized Depreciation) |
(1,257,494 | ) | | | (1,257,494 | ) | ||||||||||
Total Futures Contracts |
$ | (1,039,952 | ) | $ | | $ | | $ | (1,039,952 | ) |
* | See Schedule of Investments for additional detailed categorizations. |
BHFTII-233
Table of Contents
Brighthouse Funds Trust II
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks98.7% of Net Assets
Security Description | Shares | Value | ||||||
Aerospace & Defense4.9% | ||||||||
General Dynamics Corp. |
175,895 | $ | 37,319,642 | |||||
Northrop Grumman Corp. (a) |
161,041 | 75,740,803 | ||||||
Raytheon Technologies Corp. |
200,931 | 16,448,212 | ||||||
|
|
|||||||
129,508,657 | ||||||||
|
|
|||||||
Banks6.1% | ||||||||
Citigroup, Inc. |
665,730 | 27,740,969 | ||||||
JPMorgan Chase & Co. |
827,691 | 86,493,710 | ||||||
PNC Financial Services Group, Inc. (The) |
198,694 | 29,688,857 | ||||||
Truist Financial Corp. |
359,448 | 15,650,366 | ||||||
|
|
|||||||
159,573,902 | ||||||||
|
|
|||||||
Beverages2.6% | ||||||||
Diageo plc |
909,915 | 38,139,767 | ||||||
PepsiCo, Inc. |
190,442 | 31,091,561 | ||||||
|
|
|||||||
69,231,328 | ||||||||
|
|
|||||||
Building Products2.9% | ||||||||
Johnson Controls International plc |
684,687 | 33,700,294 | ||||||
Masco Corp. (a) |
350,745 | 16,376,284 | ||||||
Trane Technologies plc |
185,588 | 26,874,998 | ||||||
|
|
|||||||
76,951,576 | ||||||||
|
|
|||||||
Capital Markets7.2% | ||||||||
BlackRock, Inc. (a) |
63,117 | 34,732,023 | ||||||
Goldman Sachs Group, Inc. (The) |
76,495 | 22,416,860 | ||||||
KKR & Co., Inc. |
337,243 | 14,501,449 | ||||||
Moodys Corp. |
73,046 | 17,758,213 | ||||||
Morgan Stanley (a) |
619,863 | 48,975,375 | ||||||
Nasdaq, Inc. |
910,644 | 51,615,302 | ||||||
|
|
|||||||
189,999,222 | ||||||||
|
|
|||||||
Chemicals4.0% | ||||||||
DuPont de Nemours, Inc. |
594,336 | 29,954,534 | ||||||
International Flavors & Fragrances, Inc. (a) |
109,280 | 9,925,902 | ||||||
PPG Industries, Inc. |
331,059 | 36,644,921 | ||||||
Sherwin-Williams Co. (The) |
134,421 | 27,522,700 | ||||||
|
|
|||||||
104,048,057 | ||||||||
|
|
|||||||
Consumer Finance1.5% | ||||||||
American Express Co. |
287,614 | 38,802,005 | ||||||
|
|
|||||||
Electric Utilities5.2% | ||||||||
American Electric Power Co., Inc. |
184,808 | 15,976,652 | ||||||
Duke Energy Corp. |
588,373 | 54,730,456 | ||||||
Southern Co. (The) |
752,346 | 51,159,528 | ||||||
Xcel Energy, Inc. |
211,636 | 13,544,704 | ||||||
|
|
|||||||
135,411,340 | ||||||||
|
|
|||||||
Electrical Equipment1.5% | ||||||||
Eaton Corp. plc |
292,551 | 39,014,601 | ||||||
|
|
|||||||
Equity Real Estate Investment Trusts0.7% | ||||||||
Prologis, Inc. |
64,751 | 6,578,702 | ||||||
Equity Real Estate Investment Trusts(Continued) | ||||||||
Public Storage |
38,814 | 11,365,127 | ||||||
|
|
|||||||
17,943,829 | ||||||||
|
|
|||||||
Food Products1.8% | ||||||||
Archer-Daniels-Midland Co. |
116,898 | 9,404,444 | ||||||
Nestle S.A. |
352,230 | 38,139,330 | ||||||
|
|
|||||||
47,543,774 | ||||||||
|
|
|||||||
Health Care Equipment & Supplies3.7% | ||||||||
Abbott Laboratories |
373,142 | 36,105,220 | ||||||
Boston Scientific Corp. (b) |
756,202 | 29,287,704 | ||||||
Medtronic plc |
390,247 | 31,512,445 | ||||||
|
|
|||||||
96,905,369 | ||||||||
|
|
|||||||
Health Care Providers & Services4.4% | ||||||||
Cigna Corp. |
266,634 | 73,982,936 | ||||||
McKesson Corp. |
122,002 | 41,464,820 | ||||||
|
|
|||||||
115,447,756 | ||||||||
|
|
|||||||
Hotels, Restaurants & Leisure1.1% | ||||||||
Marriott International, Inc. - Class A (a) |
200,988 | 28,166,458 | ||||||
|
|
|||||||
Household Products1.3% | ||||||||
Kimberly-Clark Corp. |
185,813 | 20,911,395 | ||||||
Reckitt Benckiser Group plc |
198,403 | 13,112,733 | ||||||
|
|
|||||||
34,024,128 | ||||||||
|
|
|||||||
Industrial Conglomerates2.2% | ||||||||
Honeywell International, Inc. |
338,303 | 56,486,452 | ||||||
|
|
|||||||
Insurance10.7% | ||||||||
Aon plc - Class A |
248,184 | 66,481,048 | ||||||
Chubb, Ltd. |
313,006 | 56,929,531 | ||||||
Marsh & McLennan Cos., Inc. |
404,812 | 60,434,384 | ||||||
Progressive Corp. (The) |
522,754 | 60,749,242 | ||||||
Travelers Cos., Inc. (The) |
242,057 | 37,083,133 | ||||||
|
|
|||||||
281,677,338 | ||||||||
|
|
|||||||
IT Services1.9% | ||||||||
Accenture plc - Class A |
196,101 | 50,456,787 | ||||||
|
|
|||||||
Life Sciences Tools & Services2.9% | ||||||||
Danaher Corp. |
91,665 | 23,676,153 | ||||||
Thermo Fisher Scientific, Inc. |
104,279 | 52,889,266 | ||||||
|
|
|||||||
76,565,419 | ||||||||
|
|
|||||||
Machinery2.9% | ||||||||
Illinois Tool Works, Inc. |
218,591 | 39,488,464 | ||||||
Otis Worldwide Corp. |
117,403 | 7,490,312 | ||||||
PACCAR, Inc. |
193,241 | 16,172,339 | ||||||
Stanley Black & Decker, Inc. (a) |
169,629 | 12,757,797 | ||||||
|
|
|||||||
75,908,912 | ||||||||
|
|
BHFTII-234
Table of Contents
Brighthouse Funds Trust II
MFS® Value Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares |
Value | ||||||
Media3.0% | ||||||||
Charter Communications, Inc. - Class A (a) (b) |
84,366 | $ | 25,592,426 | |||||
Comcast Corp. - Class A |
1,811,186 | 53,122,086 | ||||||
|
|
|||||||
78,714,512 | ||||||||
|
|
|||||||
Multi-Utilities1.6% | ||||||||
Dominion Energy, Inc. (a) |
606,456 | 41,912,174 | ||||||
|
|
|||||||
Multiline Retail1.3% | ||||||||
Target Corp. |
222,104 | 32,958,013 | ||||||
|
|
|||||||
Oil, Gas & Consumable Fuels4.6% | ||||||||
ConocoPhillips |
537,175 | 54,974,489 | ||||||
EOG Resources, Inc. |
211,105 | 23,586,762 | ||||||
Pioneer Natural Resources Co. (a) |
193,913 | 41,987,982 | ||||||
|
|
|||||||
120,549,233 | ||||||||
|
|
|||||||
Pharmaceuticals7.9% | ||||||||
Johnson & Johnson |
538,042 | 87,894,541 | ||||||
Merck & Co., Inc. |
545,611 | 46,988,019 | ||||||
Pfizer, Inc. |
1,412,131 | 61,794,853 | ||||||
Roche Holding AG (a) |
33,609 | 10,958,518 | ||||||
|
|
|||||||
207,635,931 | ||||||||
|
|
|||||||
Professional Services1.2% | ||||||||
Equifax, Inc. (a) |
179,413 | 30,756,771 | ||||||
|
|
|||||||
Road & Rail2.5% | ||||||||
Canadian National Railway Co. |
150,166 | 16,216,426 | ||||||
Union Pacific Corp. |
247,601 | 48,237,627 | ||||||
|
|
|||||||
64,454,053 | ||||||||
|
|
|||||||
Semiconductors & Semiconductor Equipment5.2% | ||||||||
Analog Devices, Inc. |
132,890 | 18,516,893 | ||||||
KLA Corp. (a) |
94,494 | 28,596,719 | ||||||
NXP Semiconductors NV |
166,397 | 24,545,221 | ||||||
Texas Instruments, Inc. |
416,631 | 64,486,146 | ||||||
|
|
|||||||
136,144,979 | ||||||||
|
|
|||||||
Specialty Retail1.9% | ||||||||
Lowes Cos., Inc. |
271,625 | 51,013,891 | ||||||
|
|
|||||||
Total Common Stocks |
2,587,806,467 | |||||||
|
|
|||||||
Short-Term Investment1.3% |
| |||||||
Security Description | Principal Amount* |
Value | ||||||
Repurchase Agreement1.3% | ||||||||
Fixed Income Clearing Corp. |
33,116,068 | $ | 33,116,068 | |||||
|
|
|||||||
Total Short-Term Investments |
33,116,068 | |||||||
|
|
|||||||
Securities Lending Reinvestments (c)5.5% |
| |||||||
Certificates of Deposit1.8% | ||||||||
Bank of Montreal (Chicago) |
5,000,000 | 5,000,000 | ||||||
Bank of Nova Scotia |
2,000,000 | 2,000,000 | ||||||
Barclays Bank plc | ||||||||
3.290%, SOFR + 0.330%, 10/20/22 (d) |
4,000,000 | 4,000,220 | ||||||
3.430%, SOFR + 0.450%, 10/07/22 (d) |
2,000,000 | 2,000,088 | ||||||
BNP Paribas S.A. |
3,000,000 | 3,000,954 | ||||||
Canadian Imperial Bank of Commerce (NY) | ||||||||
3.210%, SOFR + 0.250%, 02/03/23 (d) |
2,000,000 | 1,999,817 | ||||||
3.460%, SOFR + 0.500%, 03/03/23 (d) |
3,000,000 | 3,002,149 | ||||||
Citibank N.A. |
2,000,000 | 1,999,704 | ||||||
Commonwealth Bank of Australia |
2,000,000 | 2,000,526 | ||||||
Credit Agricole Corp. & Investment Bank (NY) |
1,000,000 | 1,000,158 | ||||||
Mitsubishi UFJ Trust and Banking Corp. |
4,000,000 | 4,003,580 | ||||||
Norinchukin Bank |
1,000,000 | 1,000,057 | ||||||
Royal Bank of Canada |
2,000,000 | 2,000,238 | ||||||
Sumitomo Mitsui Banking Corp. |
2,000,000 | 2,000,444 | ||||||
Sumitomo Mitsui Trust Bank, Ltd. | ||||||||
3.300%, SOFR + 0.340%, 10/11/22 (d) |
2,000,000 | 2,000,084 | ||||||
3.410%, SOFR + 0.450%, 02/24/23 (d) |
3,000,000 | 3,002,517 | ||||||
Svenska Handelsbanken AB |
2,000,000 | 2,000,114 | ||||||
Toronto-Dominion Bank (The) | ||||||||
3.230%, SOFR + 0.250%, 02/09/23 (d) |
1,000,000 | 999,936 | ||||||
3.570%, FEDEFF PRV + 0.490%, 12/23/22 (d) |
2,000,000 | 2,000,920 | ||||||
Westpac Banking Corp. |
2,000,000 | 1,999,380 | ||||||
|
|
|||||||
47,010,886 | ||||||||
|
|
|||||||
Commercial Paper0.1% | ||||||||
Macquarie Bank Ltd. |
3,000,000 | 3,002,814 |
BHFTII-235
Table of Contents
Brighthouse Funds Trust II
MFS® Value Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Securities Lending Reinvestments (c)(Continued)
Security Description | Principal |
Value | ||||||
Commercial Paper(Continued) | ||||||||
Skandinaviska Enskilda Banken AB |
1,000,000 | $ | 1,000,160 | |||||
|
|
|||||||
4,002,974 | ||||||||
|
|
|||||||
Repurchase Agreements3.2% | ||||||||
HSBC Securities, Inc. |
28,443,271 | 28,443,271 | ||||||
National Bank of Canada |
5,000,000 | 5,000,000 | ||||||
Natixis S.A. (New York) |
28,643,963 | 28,643,963 | ||||||
Natwest Markets Securities, Inc. |
17,000,000 | 17,000,000 | ||||||
NBC Global Finance, Ltd. |
700,000 | 700,000 | ||||||
Societe Generale | ||||||||
Repurchase Agreement dated 09/30/22 at 3.000%, due on 10/03/22 with a maturity value of $2,400,600; collateralized by U.S. Treasury Obligations with rates ranging from 0.125% - 3.875%, maturity dates ranging from 10/31/22 - 08/15/40, and an aggregate market value of $2,449,632. |
2,400,000 | 2,400,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.070%, due on 10/03/22 with a maturity value of $1,000,256; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 1.125%, maturity dates ranging from 03/09/23 - 05/15/40, and various Common Stock with an aggregate market value of $1,111,064. |
1,000,000 | 1,000,000 | ||||||
|
|
|||||||
83,187,234 | ||||||||
|
|
|||||||
Time Deposits0.2% | ||||||||
Credit Industrial et Commercial |
3,000,000 | 3,000,000 | ||||||
National Bank of Canada |
3,000,000 | 3,000,000 | ||||||
|
|
|||||||
6,000,000 | ||||||||
|
|
|||||||
Mutual Funds0.2% | ||||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class |
5,000,000 | 5,000,000 | ||||||
|
|
|||||||
Total Securities Lending Reinvestments |
145,201,094 | |||||||
|
|
|||||||
Total Investments105.5% |
2,766,123,629 | |||||||
Other assets and liabilities (net)(5.5)% |
(143,687,215 | ) | ||||||
|
|
|||||||
Net Assets100.0% | $ | 2,622,436,414 | ||||||
|
|
* | Principal amount stated in U.S. dollars unless otherwise noted. | |||
(a) | All or a portion of the security was held on loan. As of September 30, 2022, the market value of securities loaned was $141,057,681 and the collateral received consisted of cash in the amount of $145,187,234. The cash collateral investments are disclosed in the Schedule of Investments and categorized as Securities Lending Reinvestments. | |||
(b) | Non-income producing security. | |||
(c) | Represents investment of cash collateral received from securities on loan as of September 30, 2022. | |||
(d) | Variable or floating rate security. The stated rate represents the rate at September 30, 2022. Maturity date shown for callable securities reflects the earliest possible call date. For securities based on a published reference index and spread, the index and spread are indicated in the description above. For certain variable rate securities, the coupon rate is determined by the issuer/agent based on current market conditions. For certain asset- and mortgage-backed securities, the coupon rate may fluctuate based on changes of the underlying collateral or prepayments of principal. These securities do not indicate a reference index and spread in their description above. | |||
(e) | The rate shown represents the annualized seven-day yield as of September 30, 2022. |
Glossary of Abbreviations
Index Abbreviations
(FEDEFF PRV) | Effective Federal Funds Rate | |||
(OBFR) | U.S. Overnight Bank Funding Rate | |||
(SOFR) | Secured Overnight Financing Rate |
BHFTII-236
Table of Contents
Brighthouse Funds Trust II
MFS® Value Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | ||||||||||||||||
Aerospace & Defense |
$ | 129,508,657 | $ | | $ | | $ | 129,508,657 | ||||||||
Banks |
159,573,902 | | | 159,573,902 | ||||||||||||
Beverages |
31,091,561 | 38,139,767 | | 69,231,328 | ||||||||||||
Building Products |
76,951,576 | | | 76,951,576 | ||||||||||||
Capital Markets |
189,999,222 | | | 189,999,222 | ||||||||||||
Chemicals |
104,048,057 | | | 104,048,057 | ||||||||||||
Consumer Finance |
38,802,005 | | | 38,802,005 | ||||||||||||
Electric Utilities |
135,411,340 | | | 135,411,340 | ||||||||||||
Electrical Equipment |
39,014,601 | | | 39,014,601 | ||||||||||||
Equity Real Estate Investment Trusts |
17,943,829 | | | 17,943,829 | ||||||||||||
Food Products |
9,404,444 | 38,139,330 | | 47,543,774 | ||||||||||||
Health Care Equipment & Supplies |
96,905,369 | | | 96,905,369 | ||||||||||||
Health Care Providers & Services |
115,447,756 | | | 115,447,756 | ||||||||||||
Hotels, Restaurants & Leisure |
28,166,458 | | | 28,166,458 | ||||||||||||
Household Products |
20,911,395 | 13,112,733 | | 34,024,128 | ||||||||||||
Industrial Conglomerates |
56,486,452 | | | 56,486,452 | ||||||||||||
Insurance |
281,677,338 | | | 281,677,338 | ||||||||||||
IT Services |
50,456,787 | | | 50,456,787 | ||||||||||||
Life Sciences Tools & Services |
76,565,419 | | | 76,565,419 | ||||||||||||
Machinery |
75,908,912 | | | 75,908,912 | ||||||||||||
Media |
78,714,512 | | | 78,714,512 | ||||||||||||
Multi-Utilities |
41,912,174 | | | 41,912,174 | ||||||||||||
Multiline Retail |
32,958,013 | | | 32,958,013 | ||||||||||||
Oil, Gas & Consumable Fuels |
120,549,233 | | | 120,549,233 | ||||||||||||
Pharmaceuticals |
196,677,413 | 10,958,518 | | 207,635,931 | ||||||||||||
Professional Services |
30,756,771 | | | 30,756,771 | ||||||||||||
Road & Rail |
64,454,053 | | | 64,454,053 | ||||||||||||
Semiconductors & Semiconductor Equipment |
136,144,979 | | | 136,144,979 | ||||||||||||
Specialty Retail |
51,013,891 | | | 51,013,891 | ||||||||||||
Total Common Stocks |
2,487,456,119 | 100,350,348 | | 2,587,806,467 | ||||||||||||
Total Short-Term Investment* |
| 33,116,068 | | 33,116,068 | ||||||||||||
Securities Lending Reinvestments | ||||||||||||||||
Certificates of Deposit |
| 47,010,886 | | 47,010,886 | ||||||||||||
Commercial Paper |
| 4,002,974 | | 4,002,974 | ||||||||||||
Repurchase Agreements |
| 83,187,234 | | 83,187,234 | ||||||||||||
Time Deposits |
| 6,000,000 | | 6,000,000 | ||||||||||||
Mutual Funds |
5,000,000 | | | 5,000,000 | ||||||||||||
Total Securities Lending Reinvestments |
5,000,000 | 140,201,094 | | 145,201,094 | ||||||||||||
Total Investments |
$ | 2,492,456,119 | $ | 273,667,510 | $ | | $ | 2,766,123,629 | ||||||||
Collateral for Securities Loaned (Liability) |
$ | | $ | (145,187,234 | ) | $ | | $ | (145,187,234 | ) |
* | See Schedule of Investments for additional detailed categorizations. |
BHFTII-237
Table of Contents
Brighthouse Funds Trust II
Neuberger Berman Genesis Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks98.9% of Net Assets
Security Description | Shares | Value | ||||||
Air Freight & Logistics0.9% | ||||||||
Forward Air Corp. |
84,544 | $ | 7,630,941 | |||||
|
|
|||||||
Airlines0.2% | ||||||||
Allegiant Travel Co. (a) |
25,560 | 1,865,369 | ||||||
|
|
|||||||
Auto Components3.0% | ||||||||
Fox Factory Holding Corp. (a) |
155,759 | 12,317,422 | ||||||
LCI Industries |
79,209 | 8,036,545 | ||||||
XPEL, Inc. (a) |
89,680 | 5,778,979 | ||||||
|
|
|||||||
26,132,946 | ||||||||
|
|
|||||||
Banks11.2% | ||||||||
Bank of Hawaii Corp. |
151,940 | 11,565,673 | ||||||
BOK Financial Corp. |
89,157 | 7,922,491 | ||||||
Columbia Banking System, Inc. |
32,148 | 928,756 | ||||||
Community Bank System, Inc. |
155,324 | 9,331,866 | ||||||
Cullen/Frost Bankers, Inc. |
91,959 | 12,158,819 | ||||||
CVB Financial Corp. |
332,613 | 8,421,761 | ||||||
First Financial Bankshares, Inc. |
254,939 | 10,664,098 | ||||||
First Hawaiian, Inc. |
32,437 | 798,923 | ||||||
Glacier Bancorp, Inc. |
253,435 | 12,451,262 | ||||||
Lakeland Financial Corp. |
91,325 | 6,649,373 | ||||||
Prosperity Bancshares, Inc. |
107,910 | 7,195,439 | ||||||
Stock Yards Bancorp, Inc. |
106,287 | 7,228,579 | ||||||
United Community Banks, Inc. |
21,079 | 697,715 | ||||||
|
|
|||||||
96,014,755 | ||||||||
|
|
|||||||
Biotechnology0.4% | ||||||||
Abcam plc (a) |
223,056 | 3,327,462 | ||||||
|
|
|||||||
Building Products2.0% | ||||||||
AAON, Inc. |
83,316 | 4,489,066 | ||||||
CSW Industrials, Inc. |
63,020 | 7,549,796 | ||||||
Hayward Holdings, Inc. (a) |
538,945 | 4,780,442 | ||||||
|
|
|||||||
16,819,304 | ||||||||
|
|
|||||||
Capital Markets1.7% | ||||||||
Artisan Partners Asset Management, Inc. - Class A |
76,457 | 2,058,987 | ||||||
Hamilton Lane, Inc. - Class A |
47,268 | 2,817,646 | ||||||
Houlihan Lokey, Inc. |
67,900 | 5,118,302 | ||||||
MarketAxess Holdings, Inc. |
22,168 | 4,932,158 | ||||||
|
|
|||||||
14,927,093 | ||||||||
|
|
|||||||
Chemicals1.4% | ||||||||
Chase Corp. |
53,588 | 4,478,349 | ||||||
Quaker Chemical Corp. |
53,893 | 7,781,071 | ||||||
|
|
|||||||
12,259,420 | ||||||||
|
|
|||||||
Commercial Services & Supplies4.6% | ||||||||
Driven Brands Holdings, Inc. (a) |
297,784 | 8,331,996 | ||||||
IAA, Inc. (a) |
330,067 | 10,512,634 | ||||||
Rollins, Inc. |
256,063 | 8,880,265 | ||||||
Tetra Tech, Inc. |
89,435 | 11,495,081 | ||||||
|
|
|||||||
39,219,976 | ||||||||
|
|
|||||||
Communications Equipment1.2% | ||||||||
NetScout Systems, Inc. (a) |
340,045 | 10,650,209 | ||||||
|
|
|||||||
Construction & Engineering1.9% | ||||||||
Valmont Industries, Inc. |
59,243 | 15,913,855 | ||||||
|
|
|||||||
Construction Materials1.1% | ||||||||
Eagle Materials, Inc. |
91,653 | 9,823,369 | ||||||
|
|
|||||||
Containers & Packaging0.9% | ||||||||
AptarGroup, Inc. |
77,747 | 7,388,297 | ||||||
|
|
|||||||
Distributors2.6% | ||||||||
Pool Corp. |
69,105 | 21,989,902 | ||||||
|
|
|||||||
Diversified Consumer Services0.5% | ||||||||
Bright Horizons Family Solutions, Inc. (a) |
68,635 | 3,956,808 | ||||||
|
|
|||||||
Electronic Equipment, Instruments & Components4.5% | ||||||||
Advanced Energy Industries, Inc. |
63,146 | 4,888,132 | ||||||
Littelfuse, Inc. |
59,553 | 11,832,585 | ||||||
National Instruments Corp. |
136,515 | 5,152,076 | ||||||
Novanta, Inc. (a) |
101,486 | 11,736,856 | ||||||
Zebra Technologies Corp. - Class A (a) |
19,768 | 5,179,414 | ||||||
|
|
|||||||
38,789,063 | ||||||||
|
|
|||||||
Food & Staples Retailing0.6% | ||||||||
Grocery Outlet Holding Corp. (a) |
142,593 | 4,746,921 | ||||||
|
|
|||||||
Food Products0.3% | ||||||||
UTZ Brands, Inc. |
187,445 | 2,830,419 | ||||||
|
|
|||||||
Health Care Equipment & Supplies3.7% | ||||||||
Atrion Corp. |
12,957 | 7,320,705 | ||||||
Haemonetics Corp. (a) |
199,314 | 14,755,215 | ||||||
IDEXX Laboratories, Inc. (a) |
15,899 | 5,179,894 | ||||||
Neogen Corp. (a) |
57,000 | 796,290 | ||||||
UFP Technologies, Inc. (a) |
41,158 | 3,533,003 | ||||||
|
|
|||||||
31,585,107 | ||||||||
|
|
|||||||
Health Care Providers & Services1.7% | ||||||||
Chemed Corp. |
32,679 | 14,266,344 | ||||||
|
|
|||||||
Health Care Technology1.0% | ||||||||
Certara, Inc. (a) |
85,766 | 1,138,973 | ||||||
Definitive Healthcare Corp. (a) |
151,008 | 2,346,664 | ||||||
Simulations Plus, Inc. |
97,987 | 4,756,289 | ||||||
|
|
|||||||
8,241,926 | ||||||||
|
|
|||||||
Hotels, Restaurants & Leisure1.1% | ||||||||
Texas Roadhouse, Inc. |
104,160 | 9,089,002 | ||||||
|
|
|||||||
Household Products1.8% | ||||||||
Church & Dwight Co., Inc. |
90,449 | 6,461,677 | ||||||
WD-40 Co. |
51,042 | 8,970,121 | ||||||
|
|
|||||||
15,431,798 | ||||||||
|
|
BHFTII-238
Table of Contents
Brighthouse Funds Trust II
Neuberger Berman Genesis Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares |
Value | ||||||
Insurance1.6% | ||||||||
AMERISAFE, Inc. |
86,206 | $ | 4,028,406 | |||||
RLI Corp. |
98,788 | 10,113,916 | ||||||
|
|
|||||||
14,142,322 | ||||||||
|
|
|||||||
IT Services1.2% | ||||||||
Jack Henry & Associates, Inc. |
57,033 | 10,395,405 | ||||||
|
|
|||||||
Life Sciences Tools & Services4.4% | ||||||||
Bio-Techne Corp. |
61,967 | 17,598,628 | ||||||
ICON plc (a) |
33,463 | 6,149,830 | ||||||
West Pharmaceutical Services, Inc. |
58,655 | 14,433,823 | ||||||
|
|
|||||||
38,182,281 | ||||||||
|
|
|||||||
Machinery7.7% | ||||||||
Graco, Inc. |
118,928 | 7,129,734 | ||||||
Hillman Solutions Corp. (a) |
279,852 | 2,110,084 | ||||||
Kadant, Inc. |
55,302 | 9,224,927 | ||||||
Lindsay Corp. |
49,423 | 7,081,327 | ||||||
Nordson Corp. |
42,491 | 9,019,565 | ||||||
Omega Flex, Inc. |
29,315 | 2,715,155 | ||||||
RBC Bearings, Inc. (a) |
83,022 | 17,252,802 | ||||||
Toro Co. (The) |
138,069 | 11,940,207 | ||||||
|
|
|||||||
66,473,801 | ||||||||
|
|
|||||||
Marine1.4% | ||||||||
Kirby Corp. (a) |
204,889 | 12,451,105 | ||||||
|
|
|||||||
Media3.7% | ||||||||
Cable One, Inc. |
6,150 | 5,246,257 | ||||||
Nexstar Media Group, Inc. - Class A |
115,274 | 19,233,467 | ||||||
TechTarget, Inc. (a) |
129,664 | 7,676,109 | ||||||
|
|
|||||||
32,155,833 | ||||||||
|
|
|||||||
Oil, Gas & Consumable Fuels2.4% | ||||||||
Matador Resources Co. |
137,061 | 6,705,024 | ||||||
Southwestern Energy Co. (a) |
995,019 | 6,089,516 | ||||||
Texas Pacific Land Corp. |
4,342 | 7,716,733 | ||||||
|
|
|||||||
20,511,273 | ||||||||
|
|
|||||||
Professional Services3.3% | ||||||||
CRA International, Inc. |
3,225 | 286,186 | ||||||
Exponent, Inc. |
172,946 | 15,162,176 | ||||||
FTI Consulting, Inc. (a) |
78,038 | 12,931,677 | ||||||
|
|
|||||||
28,380,039 | ||||||||
|
|
|||||||
Real Estate Management & Development1.4% | ||||||||
FirstService Corp. |
97,540 | 11,608,235 | ||||||
|
|
|||||||
Semiconductors & Semiconductor Equipment4.8% | ||||||||
FormFactor, Inc. (a) |
131,409 | 3,291,795 | ||||||
Lattice Semiconductor Corp. (a) |
314,270 | 15,465,227 | ||||||
MKS Instruments, Inc. |
104,225 | 8,613,154 | ||||||
Semiconductors & Semiconductor Equipment(Continued) | ||||||||
Power Integrations, Inc. |
215,087 | 13,834,396 | ||||||
|
|
|||||||
41,204,572 | ||||||||
|
|
|||||||
Software12.6% | ||||||||
Altair Engineering, Inc. - Class A (a) |
77,366 | 3,421,125 | ||||||
American Software, Inc. - Class A |
200,341 | 3,069,224 | ||||||
Aspen Technology, Inc. (a) |
58,990 | 14,051,418 | ||||||
CommVault Systems, Inc. (a) |
34,380 | 1,823,515 | ||||||
Fair Isaac Corp. (a) |
35,348 | 14,563,729 | ||||||
Manhattan Associates, Inc. (a) |
146,120 | 19,438,344 | ||||||
Model N, Inc. (a) |
201,258 | 6,889,061 | ||||||
Qualys, Inc. (a) |
130,078 | 18,131,572 | ||||||
SPS Commerce, Inc. (a) |
124,177 | 15,426,509 | ||||||
Tyler Technologies, Inc. (a) |
24,405 | 8,480,738 | ||||||
Vertex, Inc. - Class A (a) |
220,739 | 3,017,502 | ||||||
|
|
|||||||
108,312,737 | ||||||||
|
|
|||||||
Specialty Retail3.8% | ||||||||
Asbury Automotive Group, Inc. (a) |
73,576 | 11,117,334 | ||||||
Floor & Decor Holdings, Inc. - Class A (a) |
98,206 | 6,899,953 | ||||||
Lithia Motors, Inc. |
26,326 | 5,648,243 | ||||||
Petco Health & Wellness Co., Inc. (a) |
227,874 | 2,543,074 | ||||||
Tractor Supply Co. |
35,777 | 6,650,229 | ||||||
|
|
|||||||
32,858,833 | ||||||||
|
|
|||||||
Trading Companies & Distributors2.3% | ||||||||
Richelieu Hardware, Ltd. |
150,600 | 4,178,881 | ||||||
SiteOne Landscape Supply, Inc. (a) |
41,697 | 4,342,326 | ||||||
Transcat, Inc. (a) |
46,795 | 3,541,914 | ||||||
Watsco, Inc. |
30,916 | 7,959,633 | ||||||
|
|
|||||||
20,022,754 | ||||||||
|
|
|||||||
Total Common Stocks |
849,599,476 | |||||||
|
|
|||||||
Short-Term Investment1.3% |
| |||||||
Repurchase Agreement1.3% | ||||||||
Fixed Income Clearing Corp. |
10,566,959 | 10,566,959 | ||||||
|
|
|||||||
Total Short-Term Investments |
10,566,959 | |||||||
|
|
|||||||
Total Investments100.2% |
860,166,435 | |||||||
Other assets and liabilities (net)(0.2)% |
(1,380,808 | ) | ||||||
|
|
|||||||
Net Assets100.0% | $ | 858,785,627 | ||||||
|
|
* | Principal amount stated in U.S. dollars unless otherwise noted. | |||
(a) | Non-income producing security. |
BHFTII-239
Table of Contents
Brighthouse Funds Trust II
Neuberger Berman Genesis Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | ||||||||||||||||
Air Freight & Logistics |
$ | 7,630,941 | $ | | $ | | $ | 7,630,941 | ||||||||
Airlines |
1,865,369 | | | 1,865,369 | ||||||||||||
Auto Components |
26,132,946 | | | 26,132,946 | ||||||||||||
Banks |
96,014,755 | | | 96,014,755 | ||||||||||||
Biotechnology |
| 3,327,462 | | 3,327,462 | ||||||||||||
Building Products |
16,819,304 | | | 16,819,304 | ||||||||||||
Capital Markets |
14,927,093 | | | 14,927,093 | ||||||||||||
Chemicals |
12,259,420 | | | 12,259,420 | ||||||||||||
Commercial Services & Supplies |
39,219,976 | | | 39,219,976 | ||||||||||||
Communications Equipment |
10,650,209 | | | 10,650,209 | ||||||||||||
Construction & Engineering |
15,913,855 | | | 15,913,855 | ||||||||||||
Construction Materials |
9,823,369 | | | 9,823,369 | ||||||||||||
Containers & Packaging |
7,388,297 | | | 7,388,297 | ||||||||||||
Distributors |
21,989,902 | | | 21,989,902 | ||||||||||||
Diversified Consumer Services |
3,956,808 | | | 3,956,808 | ||||||||||||
Electronic Equipment, Instruments & Components |
38,789,063 | | | 38,789,063 | ||||||||||||
Food & Staples Retailing |
4,746,921 | | | 4,746,921 | ||||||||||||
Food Products |
2,830,419 | | | 2,830,419 | ||||||||||||
Health Care Equipment & Supplies |
31,585,107 | | | 31,585,107 | ||||||||||||
Health Care Providers & Services |
14,266,344 | | | 14,266,344 | ||||||||||||
Health Care Technology |
8,241,926 | | | 8,241,926 | ||||||||||||
Hotels, Restaurants & Leisure |
9,089,002 | | | 9,089,002 | ||||||||||||
Household Products |
15,431,798 | | | 15,431,798 | ||||||||||||
Insurance |
14,142,322 | | | 14,142,322 | ||||||||||||
IT Services |
10,395,405 | | | 10,395,405 | ||||||||||||
Life Sciences Tools & Services |
38,182,281 | | | 38,182,281 | ||||||||||||
Machinery |
66,473,801 | | | 66,473,801 | ||||||||||||
Marine |
12,451,105 | | | 12,451,105 | ||||||||||||
Media |
32,155,833 | | | 32,155,833 | ||||||||||||
Oil, Gas & Consumable Fuels |
20,511,273 | | | 20,511,273 | ||||||||||||
Professional Services |
28,380,039 | | | 28,380,039 | ||||||||||||
Real Estate Management & Development |
11,608,235 | | | 11,608,235 | ||||||||||||
Semiconductors & Semiconductor Equipment |
41,204,572 | | | 41,204,572 | ||||||||||||
Software |
108,312,737 | | | 108,312,737 | ||||||||||||
Specialty Retail |
32,858,833 | | | 32,858,833 | ||||||||||||
Trading Companies & Distributors |
15,843,873 | 4,178,881 | | 20,022,754 | ||||||||||||
Total Common Stocks |
842,093,133 | 7,506,343 | | 849,599,476 | ||||||||||||
Total Short-Term Investment* |
| 10,566,959 | | 10,566,959 | ||||||||||||
Total Investments |
$ | 842,093,133 | $ | 18,073,302 | $ | | $ | 860,166,435 | ||||||||
* | See Schedule of Investments for additional detailed categorizations. |
BHFTII-240
Table of Contents
Brighthouse Funds Trust II
T. Rowe Price Large Cap Growth Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks98.1% of Net Assets
Security Description | Shares | Value | ||||||
Aerospace & Defense0.7% | ||||||||
Airbus SE (a) |
150,274 | $ | 12,982,513 | |||||
|
|
|||||||
Air Freight & Logistics0.6% | ||||||||
FedEx Corp. (a) |
65,351 | 9,702,663 | ||||||
|
|
|||||||
Automobiles8.5% | ||||||||
Ferrari NV (a) |
110,609 | 20,462,665 | ||||||
Rivian Automotive, Inc. - Class A (a) (b) |
1,990,758 | 65,515,846 | ||||||
Tesla, Inc. (a) (b) |
242,590 | 64,346,997 | ||||||
|
|
|||||||
150,325,508 | ||||||||
|
|
|||||||
Biotechnology1.0% | ||||||||
Argenx SE (ADR) (b) |
32,390 | 11,435,289 | ||||||
Moderna, Inc. (a) (b) |
47,966 | 5,671,980 | ||||||
|
|
|||||||
17,107,269 | ||||||||
|
|
|||||||
Commercial Services & Supplies0.3% | ||||||||
Cintas Corp. (a) |
15,783 | 6,126,803 | ||||||
|
|
|||||||
Electrical Equipment0.6% | ||||||||
Generac Holdings, Inc. (a) (b) |
55,334 | 9,857,199 | ||||||
|
|
|||||||
Electronic Equipment, Instruments & Components1.1% | ||||||||
Teledyne Technologies, Inc. (b) |
59,845 | 20,195,892 | ||||||
|
|
|||||||
Entertainment2.0% | ||||||||
Netflix, Inc. (b) |
72,923 | 17,168,991 | ||||||
Sea, Ltd. (ADR) (a) (b) |
140,108 | 7,853,054 | ||||||
Spotify Technology S.A. (b) |
120,437 | 10,393,713 | ||||||
|
|
|||||||
35,415,758 | ||||||||
|
|
|||||||
Health Care Equipment & Supplies2.8% | ||||||||
Align Technology, Inc. (a) (b) |
23,208 | 4,806,609 | ||||||
Insulet Corp. (a) (b) |
23,378 | 5,362,913 | ||||||
Intuitive Surgical, Inc. (b) |
130,367 | 24,435,990 | ||||||
Stryker Corp. (a) |
74,711 | 15,131,966 | ||||||
|
|
|||||||
49,737,478 | ||||||||
|
|
|||||||
Health Care Providers & Services6.6% | ||||||||
Cigna Corp. |
56,996 | 15,814,680 | ||||||
HCA Healthcare, Inc. |
43,286 | 7,955,534 | ||||||
Humana, Inc. |
42,619 | 20,678,313 | ||||||
UnitedHealth Group, Inc. |
140,523 | 70,969,736 | ||||||
|
|
|||||||
115,418,263 | ||||||||
|
|
|||||||
Hotels, Restaurants & Leisure4.2% | ||||||||
Booking Holdings, Inc. (b) |
7,825 | 12,858,118 | ||||||
Chipotle Mexican Grill, Inc. (a) (b) |
16,742 | 25,159,208 | ||||||
Expedia Group, Inc. (b) |
110,764 | 10,377,479 | ||||||
Las Vegas Sands Corp. (a) (b) |
375,416 | 14,085,608 | ||||||
Wynn Resorts, Ltd. (a) (b) |
174,349 | 10,989,218 | ||||||
|
|
|||||||
73,469,631 | ||||||||
|
|
|||||||
Interactive Media & Services9.9% | ||||||||
Alphabet, Inc. - Class A (b) |
870,120 | 83,226,978 | ||||||
Alphabet, Inc. - Class C (b) |
701,060 | 67,406,919 | ||||||
Match Group, Inc. (b) |
159,421 | 7,612,353 | ||||||
Meta Platforms, Inc. - Class A (b) |
114,549 | 15,542,008 | ||||||
|
|
|||||||
173,788,258 | ||||||||
|
|
|||||||
Internet & Direct Marketing Retail11.2% | ||||||||
Amazon.com, Inc. (b) |
1,614,920 | 182,485,960 | ||||||
Coupang, Inc. (a) (b) |
545,502 | 9,093,518 | ||||||
DoorDash, Inc. - Class A (a) (b) |
87,255 | 4,314,760 | ||||||
Maplebear, Inc. (b) (c) (d) |
17,978 | 871,573 | ||||||
Maplebear, Inc. (Non-Voting Shares) (b) (c) (d) |
939 | 45,523 | ||||||
|
|
|||||||
196,811,334 | ||||||||
|
|
|||||||
IT Services7.2% | ||||||||
Block, Inc. (Australian Depositary Receipts) (b) |
96,448 | 4,994,699 | ||||||
Fiserv, Inc. (b) |
267,182 | 25,000,220 | ||||||
Global Payments, Inc. (a) |
84,620 | 9,143,191 | ||||||
MasterCard, Inc. - Class A |
135,090 | 38,411,490 | ||||||
MongoDB, Inc. (a) (b) |
21,603 | 4,289,492 | ||||||
Stripe, Inc. - Class B (b) (c) (d) |
63,278 | 1,457,925 | ||||||
Visa, Inc. - Class A (a) |
246,301 | 43,755,372 | ||||||
|
|
|||||||
127,052,389 | ||||||||
|
|
|||||||
Leisure Products0.2% | ||||||||
Peloton Interactive, Inc. - Class A (a) (b) |
397,735 | 2,756,304 | ||||||
|
|
|||||||
Life Sciences Tools & Services0.7% | ||||||||
Avantor, Inc. (b) |
373,865 | 7,327,754 | ||||||
Danaher Corp. (a) |
22,700 | 5,863,183 | ||||||
|
|
|||||||
13,190,937 | ||||||||
|
|
|||||||
Pharmaceuticals2.3% | ||||||||
AstraZeneca plc (ADR) |
91,467 | 5,016,050 | ||||||
Eli Lilly and Co. |
107,529 | 34,769,502 | ||||||
|
|
|||||||
39,785,552 | ||||||||
|
|
|||||||
Professional Services0.9% | ||||||||
TransUnion |
170,131 | 10,121,093 | ||||||
Verisk Analytics, Inc. (a) |
36,525 | 6,228,608 | ||||||
|
|
|||||||
16,349,701 | ||||||||
|
|
|||||||
Road & Rail0.5% | ||||||||
Old Dominion Freight Line, Inc. (a) |
37,250 | 9,266,683 | ||||||
|
|
|||||||
Semiconductors & Semiconductor Equipment4.9% | ||||||||
Advanced Micro Devices, Inc. (b) |
312,243 | 19,783,717 | ||||||
ASML Holding NV |
82,112 | 34,105,219 | ||||||
NVIDIA Corp. |
268,729 | 32,621,013 | ||||||
|
|
|||||||
86,509,949 | ||||||||
|
|
|||||||
Software22.1% | ||||||||
Atlassian Corp. plc - Class A (b) |
72,199 | 15,204,387 | ||||||
Bill.com Holdings, Inc. (a) (b) |
20,823 | 2,756,340 |
BHFTII-241
Table of Contents
Brighthouse Funds Trust II
T. Rowe Price Large Cap Growth Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares |
Value | ||||||
Software(Continued) | ||||||||
Black Knight, Inc. (b) |
243,056 | $ | 15,733,015 | |||||
Ceridian HCM Holding, Inc. (a) (b) |
116,561 | 6,513,429 | ||||||
Epic Games, Inc. (b) (c) (d) |
7,860 | 6,523,643 | ||||||
Hashicorp, Inc. - Class A (a) (b) |
30,645 | 986,463 | ||||||
Intuit, Inc. |
113,953 | 44,136,276 | ||||||
Magic Leap, Inc. - Class A (b) (c) (d) |
10,914 | 209,569 | ||||||
Microsoft Corp. |
882,009 | 205,419,896 | ||||||
Monday.com, Ltd. (a) (b) |
26,981 | 3,058,027 | ||||||
Roper Technologies, Inc. |
42,089 | 15,136,888 | ||||||
Salesforce, Inc. (b) |
207,708 | 29,876,719 | ||||||
SentinelOne, Inc. - Class A (a) (b) |
290,779 | 7,432,311 | ||||||
ServiceNow, Inc. (b) |
69,365 | 26,192,918 | ||||||
Trade Desk, Inc. (The) - Class A (b) |
177,299 | 10,593,615 | ||||||
|
|
|||||||
389,773,496 | ||||||||
|
|
|||||||
Specialty Retail2.2% | ||||||||
Carvana Co. (a) (b) |
109,980 | 2,232,594 | ||||||
Floor & Decor Holdings, Inc. - Class A (a) (b) |
87,165 | 6,124,213 | ||||||
Ross Stores, Inc. |
366,853 | 30,914,702 | ||||||
|
|
|||||||
39,271,509 | ||||||||
|
|
|||||||
Technology Hardware, Storage & Peripherals7.3% | ||||||||
Apple, Inc. |
936,115 | 129,371,093 | ||||||
Celonis SE (Escrow Shares) (b) |
1,219 | 0 | ||||||
|
|
|||||||
129,371,093 | ||||||||
|
|
|||||||
Textiles, Apparel & Luxury Goods0.3% | ||||||||
Lululemon Athletica, Inc. (b) |
16,850 | 4,710,586 | ||||||
|
|
|||||||
Total Common Stocks |
1,728,976,768 | |||||||
|
|
|||||||
Convertible Preferred Stocks1.3% |
| |||||||
Automobiles0.8% | ||||||||
GM Cruise Holdings LLC - Series F (b) (c) (d) |
196,100 | 5,686,900 | ||||||
Nuro, Inc. - Series C (b) (c) (d) |
179,741 | 3,746,830 | ||||||
Sila Nano, Inc. - Series F (b) (c) (d) |
52,110 | 1,624,269 | ||||||
Waymo LLC - Series A-2 (b) (c) (d) |
26,511 | 2,431,642 | ||||||
|
|
|||||||
13,489,641 | ||||||||
|
|
|||||||
Internet & Direct Marketing Retail0.5% | ||||||||
ANT International Co., Ltd. - Class C (b) (c) (d) |
2,147,070 | 4,229,728 | ||||||
Maplebear, Inc. | ||||||||
Series A (b) (c) (d) |
2,525 | 122,412 | ||||||
Series B (b) (c) (d) |
36,727 | 1,780,525 | ||||||
Rappi, Inc. - Series E (b) (c) (d) |
52,748 | 2,718,104 | ||||||
|
|
|||||||
8,850,769 | ||||||||
|
|
|||||||
Total Convertible Preferred Stocks |
22,340,410 | |||||||
|
|
|||||||
Short-Term Investments0.8% |
| |||||||
Security Description | Shares/ Principal Amount* |
Value | ||||||
Mutual Funds0.8% | ||||||||
T. Rowe Price Government Reserve Fund (e) |
14,454,845 | 14,454,845 | ||||||
|
|
|||||||
Total Short-Term Investments |
14,454,845 | |||||||
|
|
|||||||
Securities Lending Reinvestments (f)16.7% |
| |||||||
Certificates of Deposit6.4% | ||||||||
Bank of Montreal (Chicago) |
5,000,000 | 5,000,000 | ||||||
Bank of Nova Scotia | ||||||||
3.470%, SOFR + 0.510%, 03/15/23 (g) |
5,000,000 | 5,000,000 | ||||||
3.520%, FEDEFF PRV + 0.440%, 01/09/23 (g) |
2,000,000 | 2,000,913 | ||||||
3.640%, SOFR + 0.680%, 08/16/23 (g) |
1,000,000 | 1,001,338 | ||||||
Barclays Bank plc |
2,000,000 | 2,000,110 | ||||||
BNP Paribas S.A. | ||||||||
3.180%, SOFR + 0.220%, 11/17/22 (g) |
4,000,000 | 3,999,520 | ||||||
3.470%, SOFR + 0.510%, 03/15/23 (g) |
5,000,000 | 5,001,590 | ||||||
Canadian Imperial Bank of Commerce (NY) | ||||||||
3.210%, SOFR + 0.250%, 02/03/23 (g) |
4,000,000 | 3,999,633 | ||||||
3.460%, SOFR + 0.500%, 03/03/23 (g) |
4,000,000 | 4,002,866 | ||||||
Citibank N.A. |
6,000,000 | 5,999,112 | ||||||
Commonwealth Bank of Australia |
2,000,000 | 2,000,000 | ||||||
Cooperatieve Rabobank UA |
4,000,000 | 4,000,000 | ||||||
Credit Agricole Corp. & Investment Bank (NY) |
2,000,000 | 2,000,316 | ||||||
Credit Industriel et Commercial |
4,000,000 | 4,000,468 | ||||||
Credit Industriel et Commercial (NY) |
3,000,000 | 2,999,967 | ||||||
Credit Suisse (NY) |
1,000,000 | 1,000,026 | ||||||
Mitsubishi UFJ Trust and Banking Corp. |
4,000,000 | 4,003,580 | ||||||
Mizuho Bank, Ltd. |
6,000,000 | 6,000,000 | ||||||
MUFG Bank Ltd. (NY) |
5,000,000 | 5,004,800 | ||||||
National Australia Bank, Ltd. |
2,000,000 | 2,000,000 | ||||||
Natixis S.A. (New York) |
5,000,000 | 5,003,964 | ||||||
Norinchukin Bank |
2,000,000 | 2,000,114 | ||||||
Royal Bank of Canada | ||||||||
3.210%, SOFR + 0.250%, 01/11/23 (g) |
3,000,000 | 3,000,357 | ||||||
3.640%, FEDEFF PRV + 0.560%, 04/10/23 (g) |
2,000,000 | 2,001,958 | ||||||
Standard Chartered Bank (NY) |
2,000,000 | 2,000,508 | ||||||
Sumitomo Mitsui Banking Corp. |
2,000,000 | 2,000,444 |
BHFTII-242
Table of Contents
Brighthouse Funds Trust II
T. Rowe Price Large Cap Growth Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Securities Lending Reinvestments (f)(Continued)
Security Description | Principal |
Value | ||||||
Certificates of Deposit(Continued) | ||||||||
Sumitomo Mitsui Trust Bank, Ltd. | ||||||||
Zero Coupon, 12/14/22 |
2,000,000 | $ | 1,985,300 | |||||
3.500%, SOFR + 0.540%, 01/10/23 (g) |
3,000,000 | 3,002,904 | ||||||
Svenska Handelsbanken AB | ||||||||
3.330%, SOFR + 0.350%, 10/13/22 (g) |
5,000,000 | 5,000,285 | ||||||
3.580%, SOFR + 0.600%, 04/12/23 (g) |
2,000,000 | 2,002,664 | ||||||
Toronto-Dominion Bank (The) |
4,000,000 | 3,999,745 | ||||||
Westpac Banking Corp. | ||||||||
3.190%, SOFR + 0.230%, 02/17/23 (g) |
7,000,000 | 6,997,830 | ||||||
3.510%, SOFR + 0.550%, 02/22/23 (g) |
2,000,000 | 2,001,916 | ||||||
|
|
|||||||
112,012,228 | ||||||||
|
|
|||||||
Commercial Paper1.3% | ||||||||
Australia & New Zealand Banking Group, Ltd. |
3,000,000 | 3,001,047 | ||||||
Macquarie Bank Ltd. |
5,000,000 | 5,004,690 | ||||||
Skandinaviska Enskilda Banken AB |
4,000,000 | 4,000,640 | ||||||
UBS AG |
6,000,000 | 6,000,000 | ||||||
United Overseas Bank, Ltd. |
4,000,000 | 4,003,612 | ||||||
|
|
|||||||
22,009,989 | ||||||||
|
|
|||||||
Repurchase Agreements5.9% | ||||||||
National Bank Financial, Inc. |
1,500,000 | 1,500,000 | ||||||
National Bank of Canada | ||||||||
Repurchase Agreement dated 09/30/22 at 3.070%, due on 10/07/22 with a maturity value of $9,505,671; collateralized by U.S. Treasury Obligations with rates ranging from 0.500% - 3.875%, maturity dates ranging from 05/31/23 - 05/15/32, and an aggregate market value of $9,714,232. |
9,500,000 | 9,500,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.200%, due on 10/07/22 with a maturity value of $24,014,933; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 5.500%, maturity dates ranging from 11/03/22 - 02/15/52, and various Common Stock with an aggregate market value of $26,305,202. |
24,000,000 | 24,000,000 | ||||||
Natixis S.A. (New York) |
40,087,816 | 40,087,816 | ||||||
Repurchase Agreements(Continued) | ||||||||
Natwest Markets Securities, Inc. |
10,000,000 | 10,000,000 | ||||||
NBC Global Finance, Ltd. |
1,000,000 | 1,000,000 | ||||||
Societe Generale | ||||||||
Repurchase Agreement dated 09/30/22 at 3.000%, due on 10/03/22 with a maturity value of $3,800,950; collateralized by U.S. Treasury Obligations with rates ranging from 0.125% - 3.875%, maturity dates ranging from 10/31/22 - 08/15/40, and an aggregate market value of $3,878,584. |
3,800,000 | 3,800,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.050%, due on 10/03/22 with a maturity value of $10,002,542; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 1.125%, maturity dates ranging from 03/09/23 - 05/15/40, and various Common Stock with an aggregate market value of $11,110,642. |
10,000,000 | 10,000,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.070%, due on 10/03/22 with a maturity value of $3,400,870; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 1.125%, maturity dates ranging from 03/09/23 - 05/15/40, and various Common Stock with an aggregate market value of $3,777,618. |
3,400,000 | 3,400,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.170%, due on 10/07/22 with a maturity value of $1,000,616; collateralized by various Common Stock with an aggregate market value of $1,112,451. |
1,000,000 | 1,000,000 | ||||||
|
|
|||||||
104,287,816 | ||||||||
|
|
|||||||
Time Deposits0.7% | ||||||||
Credit Industrial et Commercial |
5,000,000 | 5,000,000 | ||||||
National Bank of Canada |
8,000,000 | 8,000,000 | ||||||
|
|
|||||||
13,000,000 | ||||||||
|
|
|||||||
Mutual Funds2.4% | ||||||||
BlackRock Liquidity Funds FedFund, Institutional Shares |
3,000,000 | 3,000,000 | ||||||
Goldman Sachs Financial Square Government Fund, Institutional Shares |
10,000,000 | 10,000,000 | ||||||
HSBC U.S. Government Money Market Fund, Class I |
5,000,000 | 5,000,000 |
BHFTII-243
Table of Contents
Brighthouse Funds Trust II
T. Rowe Price Large Cap Growth Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Securities Lending Reinvestments (f)(Continued)
Security Description | Shares | Value | ||||||
Mutual Funds(Continued) | ||||||||
Morgan Stanley Liquidity Funds Government Portfolio, Institutional Shares |
10,000,000 | $ | 10,000,000 | |||||
State Street Institutional U.S. Government Money Market Fund, Premier Class |
5,000,000 | 5,000,000 | ||||||
STIT-Government & Agency Portfolio, Institutional Class |
10,000,000 | 10,000,000 | ||||||
|
|
|||||||
43,000,000 | ||||||||
|
|
|||||||
Total Securities Lending Reinvestments |
294,310,033 | |||||||
|
|
|||||||
Total Investments116.9% |
2,060,082,056 | |||||||
Other assets and liabilities (net)(16.9)% |
(298,055,355 | ) | ||||||
|
|
|||||||
Net Assets100.0% | $ | 1,762,026,701 | ||||||
|
|
* | Principal amount stated in U.S. dollars unless otherwise noted. | |||
| Restricted securities are not registered under the Securities Act of 1933 and are subject to legal restrictions on resale. These securities generally may be resold in transactions exempt from registration or to the public if the securities are subsequently registered. Disposal of these securities may involve time-consuming negotiations and prompt sale at an acceptable price may be difficult. As of September 30, 2022, the market value of restricted securities was $31,448,643, which is 1.8% of net assets. See details shown in the Restricted Securities table that follows. | |||
(a) | All or a portion of the security was held on loan. As of September 30, 2022, the market value of securities loaned was $285,839,477 and the collateral received consisted of cash in the amount of $294,270,707. The cash collateral investments are disclosed in the Schedule of Investments and categorized as Securities Lending Reinvestments. The non-cash collateral received consists of U.S. government securities that are held in safe- keeping by the lending agent, or a third-party custodian, and cannot be sold or repledged by the Portfolio. | |||
(b) | Non-income producing security. | |||
(c) | Significant unobservable inputs were used in the valuation of this portfolio security; i.e. Level 3. | |||
(d) | Security was valued in good faith under procedures approved by the Board of Trustees. As of September 30, 2022, these securities represent 1.8% of net assets. | |||
(e) | Affiliated Issuer. | |||
(f) | Represents investment of cash collateral received from securities on loan as of September 30, 2022. | |||
(g) | Variable or floating rate security. The stated rate represents the rate at September 30, 2022. Maturity date shown for callable securities reflects the earliest possible call date. For securities based on a published reference index and spread, the index and spread are indicated in the description above. For certain variable rate securities, the coupon rate is determined by the issuer/agent based on current market conditions. For certain asset- and mortgage-backed securities, the coupon rate may fluctuate based on changes of the underlying collateral or prepayments of principal. These securities do not indicate a reference index and spread in their description above. | |||
(h) | The rate shown represents the annualized seven-day yield as of September 30, 2022. |
Restricted Securities |
Acquisition Date |
Shares | Cost | Value | ||||||||||||
ANT International Co., Ltd. - Class C |
06/07/18 | 2,147,070 | $ | 8,183,290 | $ | 4,229,728 | ||||||||||
Epic Games, Inc. |
06/18/20 | 7,860 | 4,519,500 | 6,523,643 | ||||||||||||
GM Cruise Holdings LLC - Series F |
05/07/19 | 196,100 | 3,578,825 | 5,686,900 | ||||||||||||
Magic Leap, Inc. - Class A |
01/20/16-10/12/17 | 10,914 | 5,305,346 | 209,569 | ||||||||||||
Maplebear, Inc. |
08/07/20 | 17,978 | 832,991 | 871,573 | ||||||||||||
Maplebear, Inc. - Series A |
11/18/20 | 2,525 | 154,056 | 122,412 | ||||||||||||
Maplebear, Inc. - Series B |
07/02/20 | 36,727 | 1,766,271 | 1,780,525 | ||||||||||||
Maplebear, Inc. (Non-Voting Shares) |
08/07/20 | 939 | 43,508 | 45,523 | ||||||||||||
Nuro, Inc. - Series C |
10/30/20 | 179,741 | 2,346,447 | 3,746,830 | ||||||||||||
Rappi, Inc. - Series E |
09/08/20-09/24/20 | 52,748 | 3,151,484 | 2,718,104 | ||||||||||||
Sila Nano, Inc. - Series F |
01/07/21 | 52,110 | 2,150,726 | 1,624,269 | ||||||||||||
Stripe, Inc. - Class B |
12/17/19 | 63,278 | 992,832 | 1,457,925 | ||||||||||||
Waymo LLC - Series A-2 |
05/08/20 | 26,511 | 2,276,425 | 2,431,642 | ||||||||||||
|
|
|||||||||||||||
$ | 31,448,643 | |||||||||||||||
|
|
Glossary of Abbreviations
Index Abbreviations
(FEDEFF PRV) | Effective Federal Funds Rate | |||
(OBFR) | U.S. Overnight Bank Funding Rate | |||
(SOFR) | Secured Overnight Financing Rate |
Other Abbreviations
(ADR) | American Depositary Receipt |
BHFTII-244
Table of Contents
Brighthouse Funds Trust II
T. Rowe Price Large Cap Growth Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | ||||||||||||||||
Aerospace & Defense |
$ | | $ | 12,982,513 | $ | | $ | 12,982,513 | ||||||||
Air Freight & Logistics |
9,702,663 | | | 9,702,663 | ||||||||||||
Automobiles |
150,325,508 | | | 150,325,508 | ||||||||||||
Biotechnology |
17,107,269 | | | 17,107,269 | ||||||||||||
Commercial Services & Supplies |
6,126,803 | | | 6,126,803 | ||||||||||||
Electrical Equipment |
9,857,199 | | | 9,857,199 | ||||||||||||
Electronic Equipment, Instruments & Components |
20,195,892 | | | 20,195,892 | ||||||||||||
Entertainment |
35,415,758 | | | 35,415,758 | ||||||||||||
Health Care Equipment & Supplies |
49,737,478 | | | 49,737,478 | ||||||||||||
Health Care Providers & Services |
115,418,263 | | | 115,418,263 | ||||||||||||
Hotels, Restaurants & Leisure |
73,469,631 | | | 73,469,631 | ||||||||||||
Interactive Media & Services |
173,788,258 | | | 173,788,258 | ||||||||||||
Internet & Direct Marketing Retail |
195,894,238 | | 917,096 | 196,811,334 | ||||||||||||
IT Services |
120,599,765 | 4,994,699 | 1,457,925 | 127,052,389 | ||||||||||||
Leisure Products |
2,756,304 | | | 2,756,304 | ||||||||||||
Life Sciences Tools & Services |
13,190,937 | | | 13,190,937 | ||||||||||||
Pharmaceuticals |
39,785,552 | | | 39,785,552 | ||||||||||||
Professional Services |
16,349,701 | | | 16,349,701 | ||||||||||||
Road & Rail |
9,266,683 | | | 9,266,683 | ||||||||||||
Semiconductors & Semiconductor Equipment |
86,509,949 | | | 86,509,949 | ||||||||||||
Software |
383,040,284 | | 6,733,212 | 389,773,496 | ||||||||||||
Specialty Retail |
39,271,509 | | | 39,271,509 | ||||||||||||
Technology Hardware, Storage & Peripherals |
129,371,093 | 0 | | 129,371,093 | ||||||||||||
Textiles, Apparel & Luxury Goods |
4,710,586 | | | 4,710,586 | ||||||||||||
Total Common Stocks |
1,701,891,323 | 17,977,212 | 9,108,233 | 1,728,976,768 | ||||||||||||
Total Convertible Preferred Stocks* |
| | 22,340,410 | 22,340,410 | ||||||||||||
Total Short-Term Investments* |
14,454,845 | | | 14,454,845 | ||||||||||||
Securities Lending Reinvestments | ||||||||||||||||
Certificates of Deposit |
| 112,012,228 | | 112,012,228 | ||||||||||||
Commercial Paper |
| 22,009,989 | | 22,009,989 | ||||||||||||
Repurchase Agreements |
| 104,287,816 | | 104,287,816 | ||||||||||||
Time Deposits |
| 13,000,000 | | 13,000,000 | ||||||||||||
Mutual Funds |
43,000,000 | | | 43,000,000 | ||||||||||||
Total Securities Lending Reinvestments |
43,000,000 | 251,310,033 | | 294,310,033 | ||||||||||||
Total Investments |
$ | 1,759,346,168 | $ | 269,287,245 | $ | 31,448,643 | $ | 2,060,082,056 | ||||||||
Collateral for Securities Loaned (Liability) |
$ | | $ | (294,270,707 | ) | $ | | $ | (294,270,707 | ) |
* | See Schedule of Investments for additional detailed categorizations. |
BHFTII-245
Table of Contents
Brighthouse Funds Trust II
T. Rowe Price Large Cap Growth Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:
Investments in Securities |
Balance as of |
Change in |
Balance as of |
Change in |
||||||||||||
Common Stocks | ||||||||||||||||
Internet & Direct Marketing Retail |
$ | 2,246,394 | $ | (1,329,298 | ) | $ | 917,096 | $ | (1,329,298 | ) | ||||||
IT Services |
4,090,923 | (2,632,998 | ) | 1,457,925 | (2,632,998 | ) | ||||||||||
Software |
7,767,844 | (1,034,632 | ) | 6,733,212 | (1,034,632 | ) | ||||||||||
Convertible Preferred Stocks | ||||||||||||||||
Automobiles |
13,496,433 | (6,792 | ) | 13,489,641 | (6,792 | ) | ||||||||||
Internet & Direct Marketing Retail |
15,921,722 | (7,070,953 | ) | 8,850,769 | (7,070,953 | ) | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
$ | 43,523,316 | $ | (12,074,673 | ) | $ | 31,448,643 | $ | (12,074,673 | ) | |||||||
|
|
|
|
|
|
|
|
Fair Value at September 30, 2022 |
Valuation Technique(s) |
Unobservable Input |
Range | Weighted Average |
Relationship Between Fair Value and Input; if input value increases then Fair Value: |
|||||||||||||||||||
Common Stock | ||||||||||||||||||||||||
Internet & Direct Marketing Retail |
$ | 917,096 | Market Transaction Method | Precedent Transaction | $ | 118.75 | $ | 125.00 | $ | 121.88 | Increase | |||||||||||||
Comparable Company Analysis | Enterprise Value/GMV | 0.29x | 0.41x | 0.33x | Increase | |||||||||||||||||||
Discount for Lack of Marketability | 10.00 | % | 10.00 | % | 10.00 | % | Decrease | |||||||||||||||||
IT Services |
1,457,925 | Comparable Company Analysis | Enterprise Value/Gross Profit | 16.4x | 21.7x | 19.1x | Increase | |||||||||||||||||
Discount for Lack of Marketability | 10.00 | % | 10.00 | % | 10.00 | % | Decrease | |||||||||||||||||
Software |
6,523,643 | Market Transaction Method | Precedent Transaction | $ | 930.00 | $ | 930.00 | $ | 930.00 | Increase | ||||||||||||||
Comparable Company Analysis | Enterprise Value/Sales | 4.4x | 5.3x | 4.9x | Increase | |||||||||||||||||||
Discount for Lack of Marketability | 10.00 | % | 10.00 | % | 10.00 | % | Decrease | |||||||||||||||||
209,569 | Market Transaction Method | Precedent Transaction (Split Adj.) | $ | 19.20 | $ | 19.20 | $ | 19.20 | Increase | |||||||||||||||
Convertible Preferred Stocks | ||||||||||||||||||||||||
Automobiles |
5,686,900 | Market Transaction Method | Tender Offer | $ | 29.00 | $ | 29.00 | $ | 29.00 | Increase | ||||||||||||||
3,746,830 | Market Transaction Method | Precedent Transaction | $ | 20.85 | $ | 20.85 | $ | 20.85 | Increase | |||||||||||||||
1,624,269 | Market Transaction Method | Precedent Transaction | $ | 41.27 | $ | 41.27 | $ | 41.27 | Increase | |||||||||||||||
Comparable Company Analysis | Enterprise Value/Revenue | 6.2x | 6.2x | 6.2x | Increase | |||||||||||||||||||
Enterprise Value/EBITDA | 4.3x | 4.3x | 4.3x | Increase | ||||||||||||||||||||
Discount for Lack of Marketability | 10.00 | % | 10.00 | % | 10.00 | % | Decrease | |||||||||||||||||
2,431,642 | Market Transaction Method | Precedent Transaction | $ | 91.72 | $ | 91.72 | $ | 91.72 | Increase | |||||||||||||||
Internet & Direct Marketing Retail |
4,229,728 | Comparable Company Analysis | Price/Earnings Multiple | 7.1x | 19.9x | 12.8x | Increase | |||||||||||||||||
Discount for Lack of Marketability | 10.00 | % | 10.00 | % | 10.00 | % | Decrease | |||||||||||||||||
1,902,937 | Market Transaction Method | Precedent Transaction | $ | 118.75 | $ | 125.00 | $ | 121.88 | Increase | |||||||||||||||
Comparable Company Analysis | Enterprise Value/GMV | 0.29x | 0.41x | 0.33x | Increase | |||||||||||||||||||
Discount for Lack of Marketability | 10.00 | % | 10.00 | % | 10.00 | % | Decrease | |||||||||||||||||
2,718,104 | Market Transaction Method | Precedent Transaction | $ | 64.42 | $ | 64.42 | $ | 64.42 | Increase | |||||||||||||||
Comparable Company Analysis | Enterprise Value/Revenue | 3.3x | 4.8x | 4.1x | Increase | |||||||||||||||||||
Enterprise Value/GMV | 0.5x | 0.7x | 0.6x | Increase | ||||||||||||||||||||
Discount for Lack of Marketability | 10.00 | % | 10.00 | % | 10.00 | % | Decrease |
BHFTII-246
Table of Contents
Brighthouse Funds Trust II
T. Rowe Price Small Cap Growth Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks99.0% of Net Assets
Security Description | Shares | Value | ||||||
Aerospace & Defense1.3% | ||||||||
Cadre Holdings, Inc. (a) |
27,300 | $ | 656,838 | |||||
Curtiss-Wright Corp. |
39,248 | 5,461,752 | ||||||
Hexcel Corp. (a) |
78,151 | 4,041,970 | ||||||
Mercury Systems, Inc. (a) (b) |
47,669 | 1,935,361 | ||||||
Moog, Inc. - Class A |
24,439 | 1,719,284 | ||||||
Woodward, Inc. (a) |
9,775 | 784,541 | ||||||
|
|
|||||||
14,599,746 | ||||||||
|
|
|||||||
Air Freight & Logistics0.4% | ||||||||
GXO Logistics, Inc. (b) |
113,514 | 3,979,801 | ||||||
|
|
|||||||
Auto Components0.5% | ||||||||
Dorman Products, Inc. (b) |
33,000 | 2,709,960 | ||||||
LCI Industries |
12,784 | 1,297,065 | ||||||
Patrick Industries, Inc. (a) |
23,728 | 1,040,235 | ||||||
|
|
|||||||
5,047,260 | ||||||||
|
|
|||||||
Banks0.7% | ||||||||
Bancorp, Inc. (The) (b) |
57,328 | 1,260,069 | ||||||
First Bancorp |
34,977 | 1,279,459 | ||||||
Metropolitan Bank Holding Corp. (a) (b) |
17,173 | 1,105,254 | ||||||
Signature Bank |
10,731 | 1,620,381 | ||||||
Western Alliance Bancorp |
40,058 | 2,633,413 | ||||||
|
|
|||||||
7,898,576 | ||||||||
|
|
|||||||
Beverages0.6% | ||||||||
Boston Beer Co., Inc. (The) - Class A (a) (b) |
4,465 | 1,445,097 | ||||||
Coca-Cola Consolidated, Inc. |
11,591 | 4,772,363 | ||||||
|
|
|||||||
6,217,460 | ||||||||
|
|
|||||||
Biotechnology10.6% | ||||||||
ACADIA Pharmaceuticals, Inc. (b) |
119,864 | 1,960,975 | ||||||
Agios Pharmaceuticals, Inc. (a) (b) |
45,687 | 1,292,028 | ||||||
Alector, Inc. (b) |
49,782 | 470,938 | ||||||
Alkermes plc (b) |
176,015 | 3,930,415 | ||||||
Allogene Therapeutics, Inc. (a) (b) |
61,692 | 666,274 | ||||||
Amicus Therapeutics, Inc. (a) (b) |
167,196 | 1,745,526 | ||||||
Apellis Pharmaceuticals, Inc. (a) (b) |
70,497 | 4,814,945 | ||||||
Biohaven Pharmaceutical Holding Co., Ltd. (b) |
40,103 | 6,062,370 | ||||||
Blueprint Medicines Corp. (b) |
63,971 | 4,215,049 | ||||||
C4 Therapeutics, Inc. (a) (b) |
12,500 | 109,625 | ||||||
CareDx, Inc. (b) |
48,487 | 825,249 | ||||||
Cerevel Therapeutics Holdings, Inc. (a) (b) |
70,166 | 1,982,891 | ||||||
ChemoCentryx, Inc. (b) |
35,522 | 1,835,067 | ||||||
CRISPR Therapeutics AG (a) (b) |
60,182 | 3,932,894 | ||||||
Cytokinetics, Inc. (a) (b) |
63,700 | 3,086,265 | ||||||
Denali Therapeutics, Inc. (b) |
65,948 | 2,023,944 | ||||||
Exelixis, Inc. (b) |
108,006 | 1,693,534 | ||||||
Fate Therapeutics, Inc. (a) (b) |
57,610 | 1,291,040 | ||||||
Generation Bio Co. (a) (b) |
68,300 | 362,673 | ||||||
Global Blood Therapeutics, Inc. (b) |
63,580 | 4,329,798 | ||||||
Halozyme Therapeutics, Inc. (b) |
196,339 | 7,763,244 | ||||||
Horizon Therapeutics plc (b) |
73,940 | 4,576,147 | ||||||
IGM Biosciences, Inc. (a) (b) |
22,768 | 517,744 | ||||||
Insmed, Inc. (a) (b) |
174,516 | 3,759,075 | ||||||
Biotechnology(Continued) | ||||||||
Intellia Therapeutics, Inc. (b) |
55,887 | 3,127,436 | ||||||
Ionis Pharmaceuticals, Inc. (a) (b) |
121,447 | 5,371,601 | ||||||
Iovance Biotherapeutics, Inc. (b) |
94,444 | 904,774 | ||||||
Karuna Therapeutics, Inc. (b) |
20,710 | 4,658,300 | ||||||
Kymera Therapeutics, Inc. (a) (b) |
40,315 | 877,658 | ||||||
Madrigal Pharmaceuticals, Inc. (b) |
4,963 | 322,545 | ||||||
Mirati Therapeutics, Inc. (b) |
29,546 | 2,063,493 | ||||||
Monte Rosa Therapeutics, Inc. (a) (b) |
9,800 | 80,066 | ||||||
Morphic Holding, Inc. (b) |
16,800 | 475,440 | ||||||
Natera, Inc. (b) |
51,000 | 2,234,820 | ||||||
Neurocrine Biosciences, Inc. (b) |
32,046 | 3,403,606 | ||||||
Nurix Therapeutics, Inc. (a) (b) |
23,600 | 307,508 | ||||||
Prothena Corp. plc (a) (b) |
51,805 | 3,140,937 | ||||||
PTC Therapeutics, Inc. (b) |
74,387 | 3,734,227 | ||||||
Replimune Group, Inc. (a) (b) |
52,779 | 911,493 | ||||||
REVOLUTION Medicines, Inc. (a) (b) |
63,356 | 1,249,380 | ||||||
Rocket Pharmaceuticals, Inc. (a) (b) |
44,470 | 709,741 | ||||||
Sage Therapeutics, Inc. (a) (b) |
41,892 | 1,640,491 | ||||||
Sarepta Therapeutics, Inc. (b) |
72,823 | 8,049,854 | ||||||
Scholar Rock Holding Corp. (a) (b) |
54,777 | 379,605 | ||||||
Seagen, Inc. (b) |
16,800 | 2,298,744 | ||||||
Twist Bioscience Corp. (b) |
33,130 | 1,167,501 | ||||||
Ultragenyx Pharmaceutical, Inc. (b) |
63,682 | 2,637,072 | ||||||
Xencor, Inc. (a) (b) |
77,624 | 2,016,672 | ||||||
Zentalis Pharmaceuticals, Inc. (a) (b) |
24,973 | 540,915 | ||||||
|
|
|||||||
115,551,589 | ||||||||
|
|
|||||||
Building Products1.9% | ||||||||
AAON, Inc. (a) |
41,300 | 2,225,244 | ||||||
Builders FirstSource, Inc. (b) |
109,230 | 6,435,832 | ||||||
CSW Industrials, Inc. (a) |
24,390 | 2,921,922 | ||||||
Gibraltar Industries, Inc. (a) (b) |
23,523 | 962,796 | ||||||
Trex Co., Inc. (b) |
44,569 | 1,958,362 | ||||||
UFP Industries, Inc. |
95,060 | 6,859,529 | ||||||
|
|
|||||||
21,363,685 | ||||||||
|
|
|||||||
Capital Markets1.6% | ||||||||
Blue Owl Capital, Inc. (a) |
277,600 | 2,562,248 | ||||||
FactSet Research Systems, Inc. |
11,142 | 4,458,026 | ||||||
LPL Financial Holdings, Inc. |
30,141 | 6,585,206 | ||||||
MarketAxess Holdings, Inc. |
15,701 | 3,493,315 | ||||||
|
|
|||||||
17,098,795 | ||||||||
|
|
|||||||
Chemicals2.4% | ||||||||
Axalta Coating Systems, Ltd. (b) |
168,124 | 3,540,692 | ||||||
Balchem Corp. |
41,200 | 5,009,096 | ||||||
Chase Corp. (a) |
13,062 | 1,091,591 | ||||||
Element Solutions, Inc. |
222,762 | 3,624,338 | ||||||
HB Fuller Co. (a) |
52,918 | 3,180,372 | ||||||
Ingevity Corp. (b) |
47,008 | 2,850,095 | ||||||
Intrepid Potash, Inc. (a) (b) |
8,900 | 352,173 | ||||||
Livent Corp. (a) (b) |
211,405 | 6,479,563 | ||||||
|
|
|||||||
26,127,920 | ||||||||
|
|
BHFTII-247
Table of Contents
Brighthouse Funds Trust II
T. Rowe Price Small Cap Growth Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Commercial Services & Supplies2.0% | ||||||||
Casella Waste Systems, Inc. - Class A (a) (b) |
148,091 | $ | 11,312,671 | |||||
Clean Harbors, Inc. (b) |
53,623 | 5,897,457 | ||||||
IAA, Inc. (a) (b) |
103,789 | 3,305,680 | ||||||
MSA Safety, Inc. |
18,006 | 1,967,696 | ||||||
|
|
|||||||
22,483,504 | ||||||||
|
|
|||||||
Communications Equipment0.5% | ||||||||
Lumentum Holdings, Inc. (a) (b) |
57,845 | 3,966,432 | ||||||
Ubiquiti, Inc. (a) |
3,502 | 1,028,047 | ||||||
|
|
|||||||
4,994,479 | ||||||||
|
|
|||||||
Construction & Engineering2.2% | ||||||||
Comfort Systems USA, Inc. |
71,002 | 6,910,625 | ||||||
EMCOR Group, Inc. |
56,704 | 6,548,178 | ||||||
NV5 Global, Inc. (a) (b) |
17,100 | 2,117,322 | ||||||
WillScot Mobile Mini Holdings Corp. (b) |
204,600 | 8,251,518 | ||||||
|
|
|||||||
23,827,643 | ||||||||
|
|
|||||||
Construction Materials0.3% | ||||||||
Eagle Materials, Inc. |
34,497 | 3,697,388 | ||||||
|
|
|||||||
Consumer Finance0.2% | ||||||||
SLM Corp. |
134,526 | 1,882,019 | ||||||
|
|
|||||||
Containers & Packaging0.9% | ||||||||
Berry Global Group, Inc. (b) |
44,374 | 2,064,722 | ||||||
Graphic Packaging Holding Co. |
390,100 | 7,700,574 | ||||||
|
|
|||||||
9,765,296 | ||||||||
|
|
|||||||
Distributors0.5% | ||||||||
Pool Corp. |
17,022 | 5,416,571 | ||||||
|
|
|||||||
Diversified Consumer Services0.6% | ||||||||
Bright Horizons Family Solutions, Inc. (b) |
16,462 | 949,034 | ||||||
Carriage Services, Inc. |
29,400 | 945,504 | ||||||
Terminix Global Holdings, Inc. (b) |
123,967 | 4,746,697 | ||||||
|
|
|||||||
6,641,235 | ||||||||
|
|
|||||||
Diversified Telecommunication Services0.8% | ||||||||
Cogent Communications Holdings, Inc. (a) |
56,925 | 2,969,208 | ||||||
Iridium Communications, Inc. (a) (b) |
135,549 | 6,014,309 | ||||||
|
|
|||||||
8,983,517 | ||||||||
|
|
|||||||
Electrical Equipment0.7% | ||||||||
Atkore, Inc. (b) |
72,291 | 5,624,963 | ||||||
Shoals Technologies Group, Inc. - Class A (b) |
83,900 | 1,808,045 | ||||||
|
|
|||||||
7,433,008 | ||||||||
|
|
|||||||
Electronic Equipment, Instruments & Components2.6% | ||||||||
Advanced Energy Industries, Inc. |
55,757 | 4,316,149 | ||||||
Cognex Corp. |
30,835 | 1,278,111 | ||||||
ePlus, Inc. (a) (b) |
33,734 | 1,401,310 | ||||||
Fabrinet (b) |
56,884 | 5,429,578 | ||||||
Littelfuse, Inc. |
15,521 | 3,083,868 | ||||||
Electronic Equipment, Instruments & Components(Continued) | ||||||||
Novanta, Inc. (a) (b) |
56,771 | 6,565,566 | ||||||
Teledyne Technologies, Inc. (b) |
12,528 | 4,227,824 | ||||||
Zebra Technologies Corp. - Class A (b) |
10,371 | 2,717,306 | ||||||
|
|
|||||||
29,019,712 | ||||||||
|
|
|||||||
Energy Equipment & Services0.6% | ||||||||
Cactus, Inc. - Class A (a) |
77,694 | 2,985,780 | ||||||
ChampionX Corp. (a) |
65,836 | 1,288,411 | ||||||
Nabors Industries, Ltd. (b) |
12,800 | 1,298,560 | ||||||
Weatherford International plc (b) |
48,100 | 1,553,149 | ||||||
|
|
|||||||
7,125,900 | ||||||||
|
|
|||||||
Entertainment0.4% | ||||||||
Endeavor Group Holdings, Inc. - Class A (b) |
113,000 | 2,289,380 | ||||||
World Wrestling Entertainment, Inc. - Class A |
29,300 | 2,055,981 | ||||||
|
|
|||||||
4,345,361 | ||||||||
|
|
|||||||
Equity Real Estate Investment Trusts2.7% | ||||||||
Equity LifeStyle Properties, Inc. |
62,414 | 3,922,096 | ||||||
First Industrial Realty Trust, Inc. |
97,530 | 4,370,319 | ||||||
Innovative Industrial Properties, Inc. |
11,038 | 976,863 | ||||||
Life Storage, Inc. |
83,740 | 9,275,043 | ||||||
Rexford Industrial Realty, Inc. |
52,507 | 2,730,364 | ||||||
Ryman Hospitality Properties, Inc. |
43,860 | 3,227,657 | ||||||
Terreno Realty Corp. |
99,981 | 5,297,993 | ||||||
|
|
|||||||
29,800,335 | ||||||||
|
|
|||||||
Food & Staples Retailing1.7% | ||||||||
BJs Wholesale Club Holdings, Inc. (b) |
142,058 | 10,343,243 | ||||||
Caseys General Stores, Inc. |
12,974 | 2,627,495 | ||||||
Performance Food Group Co. (b) |
133,598 | 5,738,034 | ||||||
|
|
|||||||
18,708,772 | ||||||||
|
|
|||||||
Food Products1.6% | ||||||||
Darling Ingredients, Inc. (b) |
51,292 | 3,392,966 | ||||||
Hostess Brands, Inc. (a) (b) |
86,400 | 2,007,936 | ||||||
Post Holdings, Inc. (b) |
83,600 | 6,847,676 | ||||||
Simply Good Foods Co. (The) (b) |
159,200 | 5,092,808 | ||||||
|
|
|||||||
17,341,386 | ||||||||
|
|
|||||||
Health Care Equipment & Supplies6.2% | ||||||||
AtriCure, Inc. (b) |
50,432 | 1,971,891 | ||||||
CONMED Corp. (a) |
33,380 | 2,676,075 | ||||||
Globus Medical, Inc. - Class A (b) |
106,399 | 6,338,189 | ||||||
Haemonetics Corp. (b) |
46,947 | 3,475,486 | ||||||
ICU Medical, Inc. (a) (b) |
31,765 | 4,783,809 | ||||||
Inari Medical, Inc. (a) (b) |
34,905 | 2,535,499 | ||||||
Inspire Medical Systems, Inc. (b) |
31,559 | 5,597,620 | ||||||
iRhythm Technologies, Inc. (b) |
30,700 | 3,846,096 | ||||||
Lantheus Holdings, Inc. (b) |
79,221 | 5,571,613 | ||||||
Merit Medical Systems, Inc. (a) (b) |
106,632 | 6,025,774 | ||||||
Omnicell, Inc. (a) (b) |
59,100 | 5,143,473 | ||||||
Penumbra, Inc. (a) (b) |
15,589 | 2,955,674 | ||||||
PROCEPT BioRobotics Corp. (a) (b) |
30,800 | 1,276,968 |
BHFTII-248
Table of Contents
Brighthouse Funds Trust II
T. Rowe Price Small Cap Growth Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Health Care Equipment & Supplies(Continued) | ||||||||
Shockwave Medical, Inc. (b) |
34,113 | $ | 9,485,802 | |||||
STERIS plc (a) |
23,406 | 3,891,950 | ||||||
Tandem Diabetes Care, Inc. (a) (b) |
47,259 | 2,261,343 | ||||||
|
|
|||||||
67,837,262 | ||||||||
|
|
|||||||
Health Care Providers & Services4.6% | ||||||||
Addus HomeCare Corp. (a) (b) |
48,605 | 4,629,140 | ||||||
Amedisys, Inc. (b) |
32,485 | 3,144,223 | ||||||
AMN Healthcare Services, Inc. (b) |
77,166 | 8,176,509 | ||||||
Cano Health, Inc. (b) |
90,200 | 782,034 | ||||||
Chemed Corp. |
4,070 | 1,776,799 | ||||||
Corvel Corp. (b) |
34,704 | 4,804,075 | ||||||
Ensign Group, Inc. (The) |
107,757 | 8,566,681 | ||||||
ModivCare, Inc. (b) |
20,457 | 2,039,154 | ||||||
Molina Healthcare, Inc. (b) |
27,159 | 8,958,125 | ||||||
Option Care Health, Inc. (b) |
160,069 | 5,037,371 | ||||||
Pennant Group Inc. (The) (a) (b) |
49,672 | 517,086 | ||||||
U.S. Physical Therapy, Inc. (a) |
31,746 | 2,413,331 | ||||||
|
|
|||||||
50,844,528 | ||||||||
|
|
|||||||
Health Care Technology0.3% | ||||||||
Evolent Health, Inc. - Class A (b) |
87,800 | 3,154,654 | ||||||
|
|
|||||||
Hotels, Restaurants & Leisure5.5% | ||||||||
Bloomin Brands, Inc. (a) |
87,605 | 1,605,800 | ||||||
Boyd Gaming Corp. |
118,772 | 5,659,486 | ||||||
Choice Hotels International, Inc. (a) |
63,484 | 6,952,768 | ||||||
Churchill Downs, Inc. |
37,840 | 6,968,236 | ||||||
Dominos Pizza, Inc. |
4,960 | 1,538,592 | ||||||
Everi Holdings, Inc. (b) |
141,000 | 2,287,020 | ||||||
Hilton Grand Vacations, Inc. (b) |
88,364 | 2,906,292 | ||||||
Papa Johns International, Inc. (a) |
61,642 | 4,315,557 | ||||||
Planet Fitness, Inc. - Class A (b) |
69,379 | 4,000,393 | ||||||
Red Rock Resorts, Inc. - Class A |
90,613 | 3,104,401 | ||||||
SeaWorld Entertainment, Inc. (b) |
49,335 | 2,245,236 | ||||||
Six Flags Entertainment Corp. (a) (b) |
38,819 | 687,096 | ||||||
Texas Roadhouse, Inc. |
81,387 | 7,101,830 | ||||||
Travel and Leisure Co. |
61,986 | 2,114,962 | ||||||
Vail Resorts, Inc. |
15,313 | 3,302,095 | ||||||
Wendys Co. (The) |
319,554 | 5,972,464 | ||||||
|
|
|||||||
60,762,228 | ||||||||
|
|
|||||||
Household Durables1.5% | ||||||||
Cavco Industries, Inc. (b) |
18,330 | 3,771,581 | ||||||
Helen of Troy, Ltd. (b) |
10,851 | 1,046,470 | ||||||
Skyline Champion Corp. (b) |
53,024 | 2,803,379 | ||||||
Tempur Sealy International, Inc. |
123,077 | 2,971,079 | ||||||
TopBuild Corp. (b) |
33,076 | 5,450,263 | ||||||
|
|
|||||||
16,042,772 | ||||||||
|
|
|||||||
Independent Power and Renewable Electricity Producers0.7% | ||||||||
Clearway Energy, Inc. - Class C |
81,383 | 2,592,048 | ||||||
NextEra Energy Partners L.P. |
37,100 | 2,682,701 | ||||||
Ormat Technologies, Inc. (a) |
22,304 | 1,922,605 | ||||||
|
|
|||||||
7,197,354 | ||||||||
|
|
|||||||
Insurance1.6% | ||||||||
BRP Group, Inc. - Class A (b) |
53,000 | 1,396,550 | ||||||
Palomar Holdings, Inc. (a) (b) |
67,857 | 5,680,988 | ||||||
Primerica, Inc. |
47,298 | 5,838,938 | ||||||
Ryan Specialty Group Holdings, Inc. - Class A (b) |
119,000 | 4,833,780 | ||||||
|
|
|||||||
17,750,256 | ||||||||
|
|
|||||||
Interactive Media & Services0.3% | ||||||||
Ziff Davis, Inc. (b) |
43,804 | 2,999,698 | ||||||
|
|
|||||||
IT Services3.0% | ||||||||
Broadridge Financial Solutions, Inc. |
22,193 | 3,202,894 | ||||||
Concentrix Corp. |
45,600 | 5,090,328 | ||||||
Euronet Worldwide, Inc. (b) |
35,913 | 2,720,769 | ||||||
EVERTEC, Inc. |
62,147 | 1,948,308 | ||||||
ExlService Holdings, Inc. (b) |
58,945 | 8,686,135 | ||||||
Gartner, Inc. (b) |
10,623 | 2,939,278 | ||||||
Perficient, Inc. (a) (b) |
52,331 | 3,402,562 | ||||||
SS&C Technologies Holdings, Inc. |
54,158 | 2,586,044 | ||||||
Switch, Inc. - Class A (a) |
70,656 | 2,380,401 | ||||||
|
|
|||||||
32,956,719 | ||||||||
|
|
|||||||
Leisure Products0.7% | ||||||||
Brunswick Corp. |
14,260 | 933,317 | ||||||
Mattel, Inc. (a) (b) |
349,263 | 6,615,041 | ||||||
|
|
|||||||
7,548,358 | ||||||||
|
|
|||||||
Life Sciences Tools & Services2.7% | ||||||||
Adaptive Biotechnologies Corp. (b) |
65,759 | 468,204 | ||||||
Azenta, Inc. (a) |
18,361 | 786,952 | ||||||
Bruker Corp. |
34,991 | 1,856,622 | ||||||
Charles River Laboratories International, Inc. (b) |
20,667 | 4,067,266 | ||||||
Maravai LifeSciences Holdings, Inc. - Class A (b) |
112,069 | 2,861,122 | ||||||
Medpace Holdings, Inc. (b) |
43,326 | 6,809,547 | ||||||
NeoGenomics, Inc. (b) |
83,873 | 722,147 | ||||||
Repligen Corp. (a) (b) |
38,086 | 7,126,271 | ||||||
West Pharmaceutical Services, Inc. |
17,769 | 4,372,596 | ||||||
|
|
|||||||
29,070,727 | ||||||||
|
|
|||||||
Machinery3.8% | ||||||||
Albany International Corp. - Class A (a) |
42,169 | 3,324,182 | ||||||
Evoqua Water Technologies Corp. (b) |
69,600 | 2,301,672 | ||||||
Federal Signal Corp. |
51,179 | 1,910,000 | ||||||
Graco, Inc. |
18,001 | 1,079,160 | ||||||
John Bean Technologies Corp. |
50,358 | 4,330,788 | ||||||
Kadant, Inc. (a) |
31,633 | 5,276,701 | ||||||
Lincoln Electric Holdings, Inc. |
31,178 | 3,919,698 | ||||||
RBC Bearings, Inc. (a) (b) |
30,805 | 6,401,587 | ||||||
SPX Technologies, Inc. (a) (b) |
73,114 | 4,037,355 | ||||||
Toro Co. (The) (a) |
51,197 | 4,427,517 | ||||||
Watts Water Technologies, Inc. - Class A |
40,873 | 5,138,962 | ||||||
|
|
|||||||
42,147,622 | ||||||||
|
|
|||||||
Media1.1% | ||||||||
Cable One, Inc. |
430 | 366,812 | ||||||
Nexstar Media Group, Inc. - Class A (a) |
45,209 | 7,543,122 |
BHFTII-249
Table of Contents
Brighthouse Funds Trust II
T. Rowe Price Small Cap Growth Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares | Value | ||||||
Media(Continued) | ||||||||
TechTarget, Inc. (a) (b) |
50,405 | $ | 2,983,976 | |||||
Thryv Holdings, Inc. (b) |
62,815 | 1,434,066 | ||||||
|
|
|||||||
12,327,976 | ||||||||
|
|
|||||||
Metals & Mining0.3% | ||||||||
Alpha Metallurgical Resources, Inc. |
16,700 | 2,285,228 | ||||||
Arconic Corp. (b) |
56,607 | 964,583 | ||||||
|
|
|||||||
3,249,811 | ||||||||
|
|
|||||||
Oil, Gas & Consumable Fuels3.0% | ||||||||
APA Corp. |
22,809 | 779,840 | ||||||
Arch Resources, Inc. |
13,794 | 1,635,968 | ||||||
Centrus Energy Corp. - Class A (a) (b) |
18,600 | 762,228 | ||||||
Enviva, Inc. (a) |
38,400 | 2,306,304 | ||||||
Magnolia Oil & Gas Corp. - Class A (a) |
299,002 | 5,923,230 | ||||||
Matador Resources Co. (a) |
104,185 | 5,096,730 | ||||||
PBF Energy, Inc. - Class A (b) |
59,600 | 2,095,536 | ||||||
PDC Energy, Inc. |
31,159 | 1,800,679 | ||||||
Range Resources Corp. |
86,125 | 2,175,518 | ||||||
SM Energy Co. |
143,951 | 5,413,997 | ||||||
Targa Resources Corp. (a) |
55,654 | 3,358,162 | ||||||
Texas Pacific Land Corp. (a) |
940 | 1,670,596 | ||||||
|
|
|||||||
33,018,788 | ||||||||
|
|
|||||||
Paper & Forest Products0.4% | ||||||||
Louisiana-Pacific Corp. |
92,775 | 4,749,152 | ||||||
|
|
|||||||
Personal Products0.8% | ||||||||
BellRing Brands, Inc. (b) |
107,059 | 2,206,486 | ||||||
Coty, Inc. - Class A (b) |
357,300 | 2,258,136 | ||||||
Inter Parfums, Inc. (a) |
51,200 | 3,863,552 | ||||||
|
|
|||||||
8,328,174 | ||||||||
|
|
|||||||
Pharmaceuticals1.4% | ||||||||
Amphastar Pharmaceuticals, Inc. (a) (b) |
99,800 | 2,804,380 | ||||||
Arvinas, Inc. (a) (b) |
39,091 | 1,739,159 | ||||||
Catalent, Inc. (b) |
59,234 | 4,286,172 | ||||||
Intra-Cellular Therapies, Inc. (b) |
37,800 | 1,758,834 | ||||||
Pacira BioSciences, Inc. (a) (b) |
42,920 | 2,282,915 | ||||||
Supernus Pharmaceuticals, Inc. (a) (b) |
61,085 | 2,067,727 | ||||||
|
|
|||||||
14,939,187 | ||||||||
|
|
|||||||
Professional Services3.3% | ||||||||
ASGN, Inc. (a) (b) |
49,872 | 4,506,933 | ||||||
Booz Allen Hamilton Holding Corp. |
65,477 | 6,046,801 | ||||||
CACI International, Inc. - Class A (b) |
30,932 | 8,075,108 | ||||||
CBIZ, Inc. (b) |
71,000 | 3,037,380 | ||||||
Exponent, Inc. |
86,099 | 7,548,299 | ||||||
Insperity, Inc. |
66,348 | 6,773,467 | ||||||
|
|
|||||||
35,987,988 | ||||||||
|
|
|||||||
Road & Rail1.4% | ||||||||
Landstar System, Inc. (a) |
27,745 | 4,005,546 | ||||||
Saia, Inc. (a) (b) |
46,147 | 8,767,930 | ||||||
Road & Rail(Continued) | ||||||||
XPO Logistics, Inc. (b) |
50,556 | 2,250,753 | ||||||
|
|
|||||||
15,024,229 | ||||||||
|
|
|||||||
Semiconductors & Semiconductor Equipment4.6% | ||||||||
Axcelis Technologies, Inc. (b) |
55,604 | 3,367,378 | ||||||
Cirrus Logic, Inc. (b) |
40,702 | 2,800,298 | ||||||
Diodes, Inc. (a) (b) |
63,886 | 4,146,840 | ||||||
Entegris, Inc. |
40,835 | 3,390,122 | ||||||
FormFactor, Inc. (b) |
136,168 | 3,411,008 | ||||||
Kulicke & Soffa Industries, Inc. (a) |
70,554 | 2,718,446 | ||||||
Lattice Semiconductor Corp. (b) |
164,769 | 8,108,283 | ||||||
MaxLinear, Inc. (a) (b) |
110,406 | 3,601,444 | ||||||
MKS Instruments, Inc. (a) |
46,663 | 3,856,230 | ||||||
Monolithic Power Systems, Inc. |
7,001 | 2,544,163 | ||||||
Onto Innovation, Inc. (b) |
58,641 | 3,755,956 | ||||||
Power Integrations, Inc. (a) |
84,057 | 5,406,546 | ||||||
Synaptics, Inc. (a) (b) |
35,049 | 3,470,201 | ||||||
|
|
|||||||
50,576,915 | ||||||||
|
|
|||||||
Software8.1% | ||||||||
A10 Networks, Inc. (a) |
125,400 | 1,664,058 | ||||||
ACI Worldwide, Inc. (b) |
71,679 | 1,498,091 | ||||||
Alarm.com Holdings, Inc. (b) |
30,088 | 1,951,508 | ||||||
Altair Engineering, Inc. - Class A (a) (b) |
28,509 | 1,260,668 | ||||||
Aspen Technology, Inc. (a) (b) |
12,004 | 2,859,353 | ||||||
Box, Inc. - Class A (b) |
178,196 | 4,346,200 | ||||||
Consensus Cloud Solutions, Inc. (a) (b) |
16,070 | 760,111 | ||||||
Descartes Systems Group, Inc. (The) (b) |
107,798 | 6,848,407 | ||||||
Digital Turbine, Inc. (a) (b) |
89,045 | 1,283,139 | ||||||
DoubleVerify Holdings, Inc. (b) |
41,235 | 1,127,777 | ||||||
Envestnet, Inc. (a) (b) |
71,132 | 3,158,261 | ||||||
Fair Isaac Corp. (b) |
13,619 | 5,611,164 | ||||||
Fortinet, Inc. (b) |
53,280 | 2,617,646 | ||||||
Informatica, Inc. - Class A (a) (b) |
82,700 | 1,659,789 | ||||||
Manhattan Associates, Inc. (b) |
82,364 | 10,956,883 | ||||||
NCR Corp. (b) |
104,007 | 1,977,173 | ||||||
Paylocity Holding Corp. (a) (b) |
24,450 | 5,906,631 | ||||||
PTC, Inc. (a) (b) |
37,518 | 3,924,383 | ||||||
Qualys, Inc. (b) |
47,132 | 6,569,730 | ||||||
Rapid7, Inc. (a) (b) |
41,749 | 1,791,032 | ||||||
Sapiens International Corp. NV (a) |
128,062 | 2,456,229 | ||||||
SPS Commerce, Inc. (a) (b) |
59,731 | 7,420,382 | ||||||
Tenable Holdings, Inc. (b) |
93,559 | 3,255,853 | ||||||
Teradata Corp. (a) (b) |
55,682 | 1,729,483 | ||||||
Tyler Technologies, Inc. (b) |
12,704 | 4,414,640 | ||||||
Workiva, Inc. (a) (b) |
22,948 | 1,785,354 | ||||||
|
|
|||||||
88,833,945 | ||||||||
|
|
|||||||
Specialty Retail2.2% | ||||||||
Academy Sports & Outdoors, Inc. (a) |
53,625 | 2,261,902 | ||||||
Asbury Automotive Group, Inc. (a) (b) |
11,956 | 1,806,552 | ||||||
Burlington Stores, Inc. (b) |
7,689 | 860,322 | ||||||
Dicks Sporting Goods, Inc. (a) |
31,664 | 3,313,321 | ||||||
Floor & Decor Holdings, Inc. - Class A (a) (b) |
8,943 | 628,335 | ||||||
Murphy USA, Inc. |
26,838 | 7,378,035 |
BHFTII-250
Table of Contents
Brighthouse Funds Trust II
T. Rowe Price Small Cap Growth Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks(Continued)
Security Description | Shares/ Principal Amount* |
Value | ||||||
Specialty Retail(Continued) | ||||||||
National Vision Holdings, Inc. (a) (b) |
42,051 | $ | 1,372,965 | |||||
Penske Automotive Group, Inc. (a) |
43,300 | 4,262,019 | ||||||
Victorias Secret & Co. (a) (b) |
64,915 | 1,890,325 | ||||||
|
|
|||||||
23,773,776 | ||||||||
|
|
|||||||
Technology Hardware, Storage & Peripherals0.7% | ||||||||
Pure Storage, Inc. - Class A (b) |
272,365 | 7,454,630 | ||||||
|
|
|||||||
Textiles, Apparel & Luxury Goods1.2% | ||||||||
Capri Holdings, Ltd. (b) |
84,817 | 3,260,365 | ||||||
Crocs, Inc. (a) (b) |
72,360 | 4,968,238 | ||||||
Deckers Outdoor Corp. (b) |
15,824 | 4,946,741 | ||||||
|
|
|||||||
13,175,344 | ||||||||
|
|
|||||||
Trading Companies & Distributors1.2% | ||||||||
Herc Holdings, Inc. |
30,911 | 3,211,035 | ||||||
McGrath RentCorp (a) |
18,054 | 1,514,008 | ||||||
SiteOne Landscape Supply, Inc. (a) (b) |
49,436 | 5,148,265 | ||||||
Watsco, Inc. (a) |
14,491 | 3,730,853 | ||||||
|
|
|||||||
13,604,161 | ||||||||
|
|
|||||||
Water Utilities0.1% | ||||||||
Middlesex Water Co. (a) |
7,507 | 579,540 | ||||||
|
|
|||||||
Total Common Stocks |
1,083,286,752 | |||||||
|
|
|||||||
Short-Term Investments1.2% |
| |||||||
Mutual Funds1.2% | ||||||||
T. Rowe Price Government Reserve Fund |
12,745,103 | 12,745,103 | ||||||
|
|
|||||||
Total Short-Term Investments |
12,745,103 | |||||||
|
|
|||||||
Securities Lending Reinvestments (c)13.0% |
| |||||||
Certificates of Deposit6.8% | ||||||||
Bank of Montreal |
3,000,000 | 3,000,000 | ||||||
Bank of Montreal (Chicago) |
3,000,000 | 3,000,000 | ||||||
Bank of Nova Scotia | ||||||||
3.460%, FEDEFF PRV + 0.380%, 01/06/23 (d) |
5,000,000 | 5,001,429 | ||||||
3.470%, SOFR + 0.510%, 03/15/23 (d) |
3,000,000 | 3,000,000 | ||||||
3.640%, SOFR + 0.680%, 08/16/23 (d) |
2,000,000 | 2,002,676 | ||||||
Barclays Bank plc | ||||||||
3.350%, SOFR + 0.370%, 03/21/23 (d) |
5,000,000 | 4,998,340 | ||||||
3.430%, SOFR + 0.450%, 10/07/22 (d) |
3,000,000 | 3,000,132 | ||||||
BNP Paribas S.A. | ||||||||
3.180%, SOFR + 0.220%, 11/17/22 (d) |
2,000,000 | 1,999,760 | ||||||
3.470%, SOFR + 0.510%, 03/15/23 (d) |
3,000,000 | 3,000,954 | ||||||
Certificates of Deposit(Continued) | ||||||||
Canadian Imperial Bank of Commerce (NY) | ||||||||
3.210%, SOFR + 0.250%, 02/03/23 (d) |
3,000,000 | 2,999,725 | ||||||
3.460%, SOFR + 0.500%, 03/03/23 (d) |
3,000,000 | 3,002,149 | ||||||
Citibank N.A. |
3,000,000 | 2,999,556 | ||||||
Commonwealth Bank of Australia | ||||||||
3.350%, SOFR + 0.390%, 11/17/22 (d) |
1,000,000 | 1,000,212 | ||||||
3.360%, SOFR + 0.400%, 11/25/22 (d) |
3,000,000 | 3,000,789 | ||||||
Credit Industriel et Commercial | ||||||||
3.340%, SOFR + 0.380%, 10/25/22 (d) |
2,000,000 | 2,000,234 | ||||||
3.390%, SOFR + 0.430%, 01/06/23 (d) |
6,000,000 | 6,002,754 | ||||||
Mitsubishi UFJ Trust and Banking Corp. |
||||||||
3.520%, SOFR + 0.560%, 02/14/23 (d) |
4,000,000 | 4,003,580 | ||||||
Nordea Bank Abp (NY) |
3,000,000 | 3,002,577 | ||||||
Norinchukin Bank |
2,000,000 | 2,000,114 | ||||||
Standard Chartered Bank (NY) |
2,000,000 | 2,000,508 | ||||||
Sumitomo Mitsui Banking Corp. |
2,000,000 | 2,000,444 | ||||||
Sumitomo Mitsui Trust Bank, Ltd. |
1,000,000 | 1,000,042 | ||||||
Svenska Handelsbanken AB |
2,000,000 | 2,000,114 | ||||||
Toronto-Dominion Bank (The) | ||||||||
3.230%, SOFR + 0.250%, 02/09/23 (d) |
3,000,000 | 2,999,809 | ||||||
3.570%, FEDEFF PRV + 0.490%, 12/23/22 (d) |
4,000,000 | 4,001,840 | ||||||
Westpac Banking Corp. |
2,000,000 | 1,999,380 | ||||||
|
|
|||||||
75,017,118 | ||||||||
|
|
|||||||
Commercial Paper1.1% | ||||||||
Australia & New Zealand Banking Group, Ltd. |
4,000,000 | 4,001,004 | ||||||
Macquarie Bank Ltd. |
4,000,000 | 4,003,752 | ||||||
Skandinaviska Enskilda Banken AB |
1,000,000 | 1,000,160 | ||||||
UBS AG |
3,000,000 | 3,000,000 | ||||||
|
|
|||||||
12,004,916 | ||||||||
|
|
|||||||
Repurchase Agreements3.7% | ||||||||
Cantor Fitzgerald & Co. |
3,000,000 | 3,000,000 |
BHFTII-251
Table of Contents
Brighthouse Funds Trust II
T. Rowe Price Small Cap Growth Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Securities Lending Reinvestments (c)(Continued)
Security Description | Principal Amount* |
Value | ||||||
Repurchase Agreements(Continued) | ||||||||
National Bank Financial, Inc. |
7,000,000 | $ | 7,000,000 | |||||
National Bank of Canada |
5,200,000 | 5,200,000 | ||||||
Natixis S.A. (New York) |
6,668,242 | 6,668,242 | ||||||
NBC Global Finance, Ltd. |
2,200,000 | 2,200,000 | ||||||
Societe Generale | ||||||||
Repurchase Agreement dated 09/30/22 at 3.000%, due on 10/03/22 with a maturity value of $1,700,425; collateralized by U.S. Treasury Obligations with rates ranging from 0.125% - 3.875%, maturity dates ranging from 10/31/22 - 08/15/40, and an aggregate market value of $1,735,156. |
1,700,000 | 1,700,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.070%, due on 10/03/22 with a maturity value of $800,205; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 1.125%, maturity dates ranging from 03/09/23 - 05/15/40, and various Common Stock with an aggregate market value of $888,851. |
800,000 | 800,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.160%, due on 10/03/22 with a maturity value of $1,000,263; collateralized by various Common Stock with an aggregate market value of $1,112,451. |
1,000,000 | 1,000,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.170%, due on 10/07/22 with a maturity value of $2,801,726; collateralized by various Common Stock with an aggregate market value of $3,114,863. |
2,800,000 | 2,800,000 | ||||||
Repurchase Agreements(Continued) | ||||||||
TD Prime Services LLC |
9,987,000 | $ | 9,987,000 | |||||
|
|
|||||||
40,355,242 | ||||||||
|
|
|||||||
Mutual Funds1.4% | ||||||||
Goldman Sachs Financial Square Government Fund, Institutional Shares |
5,000,000 | 5,000,000 | ||||||
HSBC U.S. Government Money Market Fund, Class I |
5,000,000 | 5,000,000 | ||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class |
5,000,000 | 5,000,000 | ||||||
|
|
|||||||
15,000,000 | ||||||||
|
|
|||||||
Total Securities Lending Reinvestments |
142,377,276 | |||||||
|
|
|||||||
Total Investments113.2% |
1,238,409,131 | |||||||
Other assets and liabilities (net)(13.2)% |
(144,209,925 | ) | ||||||
|
|
|||||||
Net Assets100.0% | $ | 1,094,199,206 | ||||||
|
|
* | Principal amount stated in U.S. dollars unless otherwise noted. | |||
(a) | All or a portion of the security was held on loan. As of September 30, 2022, the market value of securities loaned was $138,498,984 and the collateral received consisted of cash in the amount of $142,355,407 and non-cash collateral with a value of $92,525. The cash collateral investments are disclosed in the Schedule of Investments and categorized as Securities Lending Reinvestments. The non-cash collateral received consists of U.S. government securities that are held in safe-keeping by the lending agent, or a third-party custodian, and cannot be sold or repledged by the Portfolio. | |||
(b) | Non-income producing security. | |||
(c) | Represents investment of cash collateral received from securities on loan as of September 30, 2022. | |||
(d) | Variable or floating rate security. The stated rate represents the rate at September 30, 2022. Maturity date shown for callable securities reflects the earliest possible call date. For securities based on a published reference index and spread, the index and spread are indicated in the description above. For certain variable rate securities, the coupon rate is determined by the issuer/agent based on current market conditions. For certain asset- and mortgage-backed securities, the coupon rate may fluctuate based on changes of the underlying collateral or prepayments of principal. These securities do not indicate a reference index and spread in their description above. | |||
(e) | The rate shown represents the annualized seven-day yield as of September 30, 2022 |
Glossary of Abbreviations
Index Abbreviations
(FEDEFF PRV) | Effective Federal Funds Rate | |||
(SOFR) | Secured Overnight Financing Rate |
BHFTII-252
Table of Contents
Brighthouse Funds Trust II
T. Rowe Price Small Cap Growth Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Total Common Stocks* |
$ | 1,083,286,752 | $ | | $ | | $ | 1,083,286,752 | ||||||||
Total Short-Term Investments* |
12,745,103 | | | 12,745,103 | ||||||||||||
Securities Lending Reinvestments | ||||||||||||||||
Certificates of Deposit |
| 75,017,118 | | 75,017,118 | ||||||||||||
Commercial Paper |
| 12,004,916 | | 12,004,916 | ||||||||||||
Repurchase Agreements |
| 40,355,242 | | 40,355,242 | ||||||||||||
Mutual Funds |
15,000,000 | | | 15,000,000 | ||||||||||||
Total Securities Lending Reinvestments |
15,000,000 | 127,377,276 | | 142,377,276 | ||||||||||||
Total Investments |
$ | 1,111,031,855 | $ | 127,377,276 | $ | | $ | 1,238,409,131 | ||||||||
Collateral for Securities Loaned (Liability) |
$ | | $ | (142,355,407 | ) | $ | | $ | (142,355,407 | ) |
* | See Schedule of Investments for additional detailed categorizations. |
BHFTII-253
Table of Contents
Brighthouse Funds Trust II
VanEck Global Natural Resources Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Common Stocks96.9% of Net Assets
Security Description | Shares | Value | ||||||
Auto Components0.1% | ||||||||
Solid Power, Inc. (a) |
85,900 | $ | 451,834 | |||||
|
|
|||||||
Chemicals9.7% | ||||||||
Corteva, Inc. |
361,333 | 20,650,181 | ||||||
FMC Corp. |
72,846 | 7,699,822 | ||||||
Mosaic Co. (The) |
222,500 | 10,753,425 | ||||||
Nutrien, Ltd. |
328,623 | 27,400,586 | ||||||
OCI NV |
232,857 | 8,562,359 | ||||||
Yara International ASA (b) |
96,000 | 3,355,519 | ||||||
|
|
|||||||
78,421,892 | ||||||||
|
|
|||||||
Electrical Equipment3.2% | ||||||||
ESS Tech, Inc. (a) (b) |
191,100 | 781,599 | ||||||
Fluence Energy, Inc. (a) (b) |
34,540 | 503,938 | ||||||
FREYR Battery S.A. (a) (b) |
809,400 | 11,525,856 | ||||||
Soltec Power Holdings S.A. (a) (b) |
119,189 | 494,087 | ||||||
Stem, Inc. (a) (b) |
966,932 | 12,898,873 | ||||||
|
|
|||||||
26,204,353 | ||||||||
|
|
|||||||
Energy Equipment & Services4.9% | ||||||||
Baker Hughes Co. (b) |
443,700 | 9,299,952 | ||||||
ChampionX Corp. (b) |
331,500 | 6,487,455 | ||||||
Halliburton Co. |
431,000 | 10,611,220 | ||||||
Liberty Oilfield Services, Inc. (a) (b) |
1,080,610 | 13,702,135 | ||||||
|
|
|||||||
40,100,762 | ||||||||
|
|
|||||||
Food Products5.1% | ||||||||
Benson Hill, Inc. (a) (b) |
493,400 | 1,351,916 | ||||||
Bunge, Ltd. |
246,600 | 20,361,762 | ||||||
Darling Ingredients, Inc. (a) |
116,000 | 7,673,400 | ||||||
Tyson Foods, Inc. - Class A |
183,500 | 12,098,155 | ||||||
|
|
|||||||
41,485,233 | ||||||||
|
|
|||||||
Independent Power and Renewable Electricity Producers1.4% | ||||||||
Ormat Technologies, Inc. (b) |
129,900 | 11,197,380 | ||||||
|
|
|||||||
Machinery2.0% | ||||||||
Chart Industries, Inc. (a) (b) |
86,820 | 16,005,267 | ||||||
|
|
|||||||
Marine1.3% | ||||||||
Kirby Corp. (a) (b) |
176,831 | 10,746,020 | ||||||
|
|
|||||||
Metals & Mining23.0% | ||||||||
5E Advanced Materials, Inc. (a) (b) |
134,500 | 1,366,520 | ||||||
Agnico Eagle Mines, Ltd. (U.S. Listed Shares) |
259,433 | 10,955,856 | ||||||
Alamos Gold, Inc. - Class A |
91,109 | 675,118 | ||||||
Allkem Ltd. (a) |
893,647 | 7,944,933 | ||||||
Anglo American plc |
630,300 | 19,040,341 | ||||||
Barrick Gold Corp. |
702,535 | 10,889,292 | ||||||
Ecograf, Ltd. (a) |
1,436,649 | 292,067 | ||||||
Eldorado Gold Corp. (a) |
509,600 | 3,072,888 | ||||||
Endeavour Mining plc (b) |
445,100 | 8,210,191 | ||||||
Euro Manganese, Inc. (a) |
2,083,907 | 379,910 | ||||||
First Quantum Minerals, Ltd. |
1,202,000 | 20,405,328 | ||||||
Freeport-McMoRan, Inc. |
547,900 | 14,974,107 | ||||||
Metals & Mining(Continued) | ||||||||
Glencore plc |
4,762,500 | 25,148,555 | ||||||
Kinross Gold Corp. |
1,664,400 | 6,258,144 | ||||||
MP Materials Corp. (a) (b) |
252,285 | 6,887,381 | ||||||
Newmont Corp. |
250,085 | 10,511,073 | ||||||
Nouveau Monde Graphite, Inc. (a) |
177,133 | 956,518 | ||||||
Piedmont Lithium, Inc. (a) (b) |
140,708 | 7,526,471 | ||||||
Sibanye Stillwater, Ltd. (ADR) (b) |
1,200,100 | 11,184,932 | ||||||
Talon Metals Corp. (a) (b) |
1,540,800 | 538,195 | ||||||
Vale S.A. (ADR) (b) |
858,800 | 11,439,216 | ||||||
Yamana Gold, Inc. (b) |
1,649,200 | 7,470,876 | ||||||
|
|
|||||||
186,127,912 | ||||||||
|
|
|||||||
Mortgage Real Estate Investment Trusts1.1% | ||||||||
Hannon Armstrong Sustainable Infrastructure Capital, Inc. (b) |
290,796 | 8,703,524 | ||||||
|
|
|||||||
Oil, Gas & Consumable Fuels38.0% | ||||||||
Chesapeake Energy Corp. (b) |
210,400 | 19,821,784 | ||||||
Chevron Corp. |
53,000 | 7,614,510 | ||||||
ConocoPhillips (b) |
242,422 | 24,809,467 | ||||||
Coterra Energy, Inc. (b) |
1,036,085 | 27,062,540 | ||||||
Devon Energy Corp. (b) |
495,782 | 29,811,372 | ||||||
Diamondback Energy, Inc. (b) |
198,606 | 23,924,079 | ||||||
Eni S.p.A. (b) |
722,000 | 7,670,312 | ||||||
EQT Corp. (b) |
701,900 | 28,602,425 | ||||||
Equinor ASA (ADR) |
848,000 | 28,077,280 | ||||||
Excelerate Energy, Inc. - Class A (b) |
209,800 | 4,909,320 | ||||||
Hess Corp. (b) |
174,300 | 18,996,957 | ||||||
Marathon Oil Corp. |
368,400 | 8,318,472 | ||||||
Neste Oyj |
113,800 | 4,935,628 | ||||||
PDC Energy, Inc. |
138,800 | 8,021,252 | ||||||
Pioneer Natural Resources Co. (b) |
80,487 | 17,427,850 | ||||||
Repsol S.A. |
697,500 | 8,026,571 | ||||||
Saras S.p.A. (a) |
3,844,100 | 3,662,910 | ||||||
Shell plc (ADR) (b) |
162,300 | 8,076,048 | ||||||
Valero Energy Corp. (b) |
268,400 | 28,678,540 | ||||||
|
|
|||||||
308,447,317 | ||||||||
|
|
|||||||
Road & Rail0.7% | ||||||||
TuSimple Holdings, Inc. - Class A (a) (b) |
100,150 | 761,140 | ||||||
Union Pacific Corp. |
24,400 | 4,753,608 | ||||||
|
|
|||||||
5,514,748 | ||||||||
|
|
|||||||
Semiconductors & Semiconductor Equipment5.8% | ||||||||
Enphase Energy, Inc. (a) (b) |
76,400 | 21,198,708 | ||||||
SolarEdge Technologies, Inc. (a) (b) |
112,800 | 26,108,688 | ||||||
|
|
|||||||
47,307,396 | ||||||||
|
|
|||||||
Specialty Retail0.6% | ||||||||
EVgo, Inc. (a) |
635,000 | 5,022,850 | ||||||
|
|
|||||||
Total Common Stocks |
785,736,488 | |||||||
|
|
BHFTII-254
Table of Contents
Brighthouse Funds Trust II
VanEck Global Natural Resources Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Warrants0.2%
Security Description | Shares/ Principal Amount* |
Value | ||||||
Electrical Equipment0.2% | ||||||||
FREYR Battery S.A., Expires 09/01/27 (a) |
251,000 | $ | 1,403,090 | |||||
|
|
|||||||
Food Products0.0% | ||||||||
Benson Hill, Inc., Expires 12/24/25 (a) |
125,625 | 50,250 | ||||||
|
|
|||||||
Total Warrants |
1,453,340 | |||||||
|
|
|||||||
Short-Term Investment2.9% |
| |||||||
Mutual Funds2.9% | ||||||||
Invesco STIC Prime Portfolio, Institutional Class, 2.950% (e) |
23,714,483 | 23,714,483 | ||||||
|
|
|||||||
Total Short-Term Investments |
23,714,483 | |||||||
|
|
|||||||
Securities Lending Reinvestments (c)28.5% |
| |||||||
Certificates of Deposit14.6% | ||||||||
Bank of Montreal (Chicago) |
3,000,000 | 3,000,000 | ||||||
Bank of Nova Scotia | ||||||||
3.470%, SOFR + 0.510%, 03/15/23 (d) |
5,000,000 | 5,000,000 | ||||||
3.640%, SOFR + 0.680%, 08/16/23 (d) |
2,000,000 | 2,002,676 | ||||||
Barclays Bank plc |
3,000,000 | 3,000,132 | ||||||
BNP Paribas S.A. | ||||||||
3.180%, SOFR + 0.220%, 11/17/22 (d) |
4,000,000 | 3,999,520 | ||||||
3.470%, SOFR + 0.510%, 03/15/23 (d) |
5,000,000 | 5,001,590 | ||||||
Canadian Imperial Bank of Commerce (NY) |
7,000,000 | 7,005,015 | ||||||
Citibank N.A. |
6,000,000 | 5,999,112 | ||||||
Commonwealth Bank of Australia | ||||||||
3.350%, SOFR + 0.390%, 11/17/22 (d) |
5,000,000 | 5,001,060 | ||||||
3.360%, SOFR + 0.400%, 11/25/22 (d) |
3,000,000 | 3,000,789 | ||||||
Credit Agricole Corp. & Investment Bank (NY) |
2,000,000 | 2,000,316 | ||||||
Credit Agricole S.A. |
2,000,000 | 2,000,312 | ||||||
Credit Industriel et Commercial |
4,000,000 | 4,000,468 | ||||||
Credit Industriel et Commercial (NY) |
3,000,000 | 3,000,138 | ||||||
Mitsubishi UFJ Trust and Banking Corp. |
4,000,000 | 4,003,580 | ||||||
MUFG Bank Ltd. (NY) |
4,000,000 | 4,003,468 | ||||||
National Australia Bank, Ltd. |
2,000,000 | 2,000,000 | ||||||
Nordea Bank Abp (NY) | ||||||||
3.440%, SOFR + 0.460%, 02/13/23 (d) |
2,000,000 | 2,001,334 | ||||||
3.480%, SOFR + 0.500%, 02/27/23 (d) |
4,000,000 | 4,003,436 | ||||||
3.510%, SOFR + 0.550%, 02/21/23 (d) |
2,000,000 | 2,002,140 | ||||||
Certificates of Deposit(Continued) | ||||||||
Norinchukin Bank |
2,000,000 | 2,000,114 | ||||||
Oversea-Chinese Banking Corp., Ltd. |
4,000,000 | 4,001,384 | ||||||
Rabobank (London) |
3,000,000 | 3,000,000 | ||||||
Royal Bank of Canada |
5,000,000 | 5,000,595 | ||||||
Standard Chartered Bank (NY) |
2,000,000 | 2,000,508 | ||||||
Sumitomo Mitsui Banking Corp. | ||||||||
3.360%, SOFR + 0.400%, 11/02/22 (d) |
4,000,000 | 4,000,912 | ||||||
3.370%, SOFR + 0.410%, 03/06/23 (d) |
3,000,000 | 3,000,666 | ||||||
Sumitomo Mitsui Trust Bank, Ltd. | ||||||||
Zero Coupon, 12/14/22 |
2,000,000 | 1,985,300 | ||||||
3.410%, SOFR + 0.450%, 02/24/23 (d) |
4,000,000 | 4,003,356 | ||||||
Svenska Handelsbanken AB |
4,000,000 | 4,000,228 | ||||||
Toronto-Dominion Bank (The) | ||||||||
3.230%, SOFR + 0.250%, 02/09/23 (d) |
4,000,000 | 3,999,745 | ||||||
3.570%, FEDEFF PRV + 0.490%, 12/23/22 (d) |
5,000,000 | 5,002,300 | ||||||
Westpac Banking Corp. |
4,000,000 | 3,998,760 | ||||||
|
|
|||||||
118,018,954 | ||||||||
|
|
|||||||
Commercial Paper2.5% | ||||||||
Australia & New Zealand Banking Group, Ltd. | ||||||||
3.360%, SOFR + 0.400%, 12/01/22 (d) |
3,000,000 | 3,000,753 | ||||||
3.380%, SOFR + 0.420%, 12/19/22 (d) |
4,000,000 | 4,001,396 | ||||||
Macquarie Bank Ltd. | ||||||||
3.420%, SOFR + 0.440%, 11/16/22 (d) |
2,000,000 | 2,000,544 | ||||||
3.560%, SOFR + 0.580%, 02/03/23 (d) |
3,000,000 | 3,002,814 | ||||||
Skandinaviska Enskilda Banken AB |
5,000,000 | 5,000,800 | ||||||
United Overseas Bank, Ltd. |
3,000,000 | 3,002,709 | ||||||
|
|
|||||||
20,009,016 | ||||||||
|
|
|||||||
Repurchase Agreements9.4% | ||||||||
Cantor Fitzgerald & Co. |
5,000,000 | 5,000,000 | ||||||
Citigroup Global Markets, Inc. |
5,000,000 | 5,000,000 |
BHFTII-255
Table of Contents
Brighthouse Funds Trust II
VanEck Global Natural Resources Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Securities Lending Reinvestments (c)(Continued)
Security Description | Principal |
Value | ||||||
Repurchase Agreements(Continued) | ||||||||
National Bank of Canada | ||||||||
Repurchase Agreement dated 09/30/22 at 3.070%, due on 10/07/22 with a maturity value of $10,106,029; collateralized by U.S. Treasury Obligations with rates ranging from 0.500% - 3.875%, maturity dates ranging from 05/31/23 - 05/15/32, and an aggregate market value of $10,327,763. |
10,100,000 | $ | 10,100,000 | |||||
Repurchase Agreement dated 09/30/22 at 3.200%, due on 10/07/22 with a maturity value of $7,704,791; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 5.500%, maturity dates ranging from 11/03/22 - 02/15/52, and various Common Stock with an aggregate market value of $8,439,586. |
7,700,000 | 7,700,000 | ||||||
Natixis S.A. (New York) |
33,371,999 | 33,371,999 | ||||||
Natwest Markets Securities, Inc. |
10,000,000 | 10,000,000 | ||||||
Societe Generale | ||||||||
Repurchase Agreement dated 09/30/22 at 3.070%, due on 10/03/22 with a maturity value of $400,102; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 1.125%, maturity dates ranging from 03/09/23 - 05/15/40, and various Common Stock with an aggregate market value of $444,426. |
400,000 | 400,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.170%, due on 10/07/22 with a maturity value of $4,502,774; collateralized by various Common Stock with an aggregate market value of $5,006,030. |
4,500,000 | 4,500,000 | ||||||
TD Prime Services LLC |
500,000 | 500,000 | ||||||
|
|
|||||||
76,571,999 | ||||||||
|
|
|||||||
Time Deposits0.8% | ||||||||
Credit Industrial et Commercial |
2,000,000 | 2,000,000 | ||||||
National Bank of Canada |
4,500,000 | 4,500,000 | ||||||
|
|
|||||||
6,500,000 | ||||||||
|
|
|||||||
Mutual Funds1.2% | ||||||||
Goldman Sachs Financial Square Government Fund, Institutional Shares |
5,000,000 | 5,000,000 | ||||||
HSBC U.S. Government Money Market Fund, Class I |
||||||||
2.940% (e) |
5,000,000 | 5,000,000 | ||||||
|
|
|||||||
10,000,000 | ||||||||
|
|
|||||||
Total Securities Lending Reinvestments |
231,099,969 | |||||||
|
|
|||||||
Total Investments128.5% |
1,042,004,280 | |||||||
Other assets and liabilities (net)(28.5)% |
(230,877,165 | ) | ||||||
|
|
|||||||
Net Assets100.0% | $ | 811,127,115 | ||||||
|
|
* | Principal amount stated in U.S. dollars unless otherwise noted. | |||
(a) | Non-income producing security. | |||
(b) | All or a portion of the security was held on loan. As of September 30, 2022, the market value of securities loaned was $228,751,471 and the collateral received consisted of cash in the amount of $231,054,972 and non-cash collateral with a value of $2,750,070. The cash collateral investments are disclosed in the Schedule of Investments and categorized as Securities Lending Reinvestments. The non-cash collateral received consists of U.S. government securities that are held in safe-keeping by the lending agent, or a third-party custodian, and cannot be sold or repledged by the Portfolio. | |||
(c) | Represents investment of cash collateral received from securities on loan as of September 30, 2022. | |||
(d) | Variable or floating rate security. The stated rate represents the rate at September 30, 2022. Maturity date shown for callable securities reflects the earliest possible call date. For securities based on a published reference index and spread, the index and spread are indicated in the description above. For certain variable rate securities, the coupon rate is determined by the issuer/agent based on current market conditions. For certain asset- and mortgage-backed securities, the coupon rate may fluctuate based on changes of the underlying collateral or prepayments of principal. These securities do not indicate a reference index and spread in their description above. | |||
(e) | The rate shown represents the annualized seven-day yield as of September 30, 2022. |
Glossary of Abbreviations
Index Abbreviations
(FEDEFF PRV) | Effective Federal Funds Rate | |||
(OBFR) | U.S. Overnight Bank Funding Rate | |||
(SOFR) | Secured Overnight Financing Rate |
Other Abbreviations
(ADR) | American Depositary Receipt |
BHFTII-256
Table of Contents
Brighthouse Funds Trust II
VanEck Global Natural Resources Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | ||||||||||||||||
Auto Components |
$ | 451,834 | $ | | $ | | $ | 451,834 | ||||||||
Chemicals |
66,504,014 | 11,917,878 | | 78,421,892 | ||||||||||||
Electrical Equipment |
25,710,266 | 494,087 | | 26,204,353 | ||||||||||||
Energy Equipment & Services |
40,100,762 | | | 40,100,762 | ||||||||||||
Food Products |
41,485,233 | | | 41,485,233 | ||||||||||||
Independent Power and Renewable Electricity Producers |
11,197,380 | | | 11,197,380 | ||||||||||||
Machinery |
16,005,267 | | | 16,005,267 | ||||||||||||
Marine |
10,746,020 | | | 10,746,020 | ||||||||||||
Metals & Mining |
133,322,106 | 52,805,806 | | 186,127,912 | ||||||||||||
Mortgage Real Estate Investment Trusts |
8,703,524 | | | 8,703,524 | ||||||||||||
Oil, Gas & Consumable Fuels |
284,151,896 | 24,295,421 | | 308,447,317 | ||||||||||||
Road & Rail |
5,514,748 | | | 5,514,748 | ||||||||||||
Semiconductors & Semiconductor Equipment |
47,307,396 | | | 47,307,396 | ||||||||||||
Specialty Retail |
5,022,850 | | | 5,022,850 | ||||||||||||
Total Common Stocks |
696,223,296 | 89,513,192 | | 785,736,488 | ||||||||||||
Total Warrants* |
1,453,340 | | | 1,453,340 | ||||||||||||
Total Short-Term Investment* |
23,714,483 | | | 23,714,483 | ||||||||||||
Securities Lending Reinvestments | ||||||||||||||||
Certificates of Deposit |
| 118,018,954 | | 118,018,954 | ||||||||||||
Commercial Paper |
| 20,009,016 | | 20,009,016 | ||||||||||||
Repurchase Agreements |
| 76,571,999 | | 76,571,999 | ||||||||||||
Time Deposits |
| 6,500,000 | | 6,500,000 | ||||||||||||
Mutual Funds |
10,000,000 | | | 10,000,000 | ||||||||||||
Total Securities Lending Reinvestments |
10,000,000 | 221,099,969 | | 231,099,969 | ||||||||||||
Total Investments |
$ | 731,391,119 | $ | 310,613,161 | $ | | $ | 1,042,004,280 | ||||||||
Collateral for Securities Loaned (Liability) |
$ | | $ | (231,054,972 | ) | $ | | $ | (231,054,972 | ) |
* | See Schedule of Investments for additional detailed categorizations. |
BHFTII-257
Table of Contents
Brighthouse Funds Trust II
Western Asset Management Strategic Bond Opportunities Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes45.4% of Net Assets
Security Description | Principal Amount* |
Value | ||||||
Advertising0.0% | ||||||||
Clear Channel Outdoor Holdings, Inc. | ||||||||
7.500%, 06/01/29 (144A) |
1,253,000 | $ | 908,425 | |||||
|
|
|||||||
Aerospace/Defense0.8% | ||||||||
Boeing Co. (The) | ||||||||
3.250%, 02/01/35 (a) |
1,740,000 | 1,228,880 | ||||||
5.930%, 05/01/60 (a) |
6,630,000 | 5,671,353 | ||||||
TransDigm, Inc. | ||||||||
5.500%, 11/15/27 (a) |
4,980,000 | 4,331,106 | ||||||
8.000%, 12/15/25 (144A) (a) |
2,440,000 | 2,474,673 | ||||||
Triumph Group, Inc. | ||||||||
7.750%, 08/15/25 (a) |
5,229,000 | 3,996,044 | ||||||
8.875%, 06/01/24 (144A) |
820,000 | 810,070 | ||||||
|
|
|||||||
18,512,126 | ||||||||
|
|
|||||||
Agriculture0.3% | ||||||||
Altria Group, Inc. | ||||||||
2.450%, 02/04/32 (a) |
530,000 | 374,030 | ||||||
4.800%, 02/14/29 (a) |
115,000 | 106,153 | ||||||
5.950%, 02/14/49 (a) |
829,000 | 686,394 | ||||||
Darling Ingredients, Inc. | ||||||||
6.000%, 06/15/30 (144A) (a) |
5,290,000 | 5,034,440 | ||||||
|
|
|||||||
6,201,017 | ||||||||
|
|
|||||||
Airlines2.0% | ||||||||
Air Canada | ||||||||
3.875%, 08/15/26 (144A) (a) |
3,620,000 | 3,108,675 | ||||||
Air Canada Pass-Through Trust | ||||||||
4.125%, 05/15/25 (144A) |
490,543 | 433,176 | ||||||
American Airlines Pass-Through Trust | ||||||||
4.950%, 02/15/25 |
2,706,375 | 2,460,778 | ||||||
American Airlines, Inc. | ||||||||
11.750%, 07/15/25 (144A) (a) |
4,840,000 | 5,054,606 | ||||||
American Airlines, Inc./AAdvantage Loyalty IP, Ltd. | ||||||||
5.500%, 04/20/26 (144A) (a) |
3,570,000 | 3,352,837 | ||||||
5.750%, 04/20/29 (144A) (a) |
3,200,000 | 2,792,000 | ||||||
Delta Air Lines, Inc. | ||||||||
7.000%, 05/01/25 (144A) (a) |
8,390,000 | 8,444,132 | ||||||
Delta Air Lines, Inc. / SkyMiles IP, Ltd. | ||||||||
4.750%, 10/20/28 (144A) |
990,000 | 922,042 | ||||||
Hawaiian Brand Intellectual Property Ltd. / HawaiianMiles Loyalty, Ltd. |
||||||||
5.750%, 01/20/26 (144A) (a) |
10,378,000 | 9,153,292 | ||||||
Spirit Loyalty Cayman, Ltd. / Spirit IP Cayman, Ltd. | ||||||||
8.000%, 09/20/25 (144A) (a) |
4,655,999 | 4,683,143 | ||||||
United Airlines Pass-Through Trust | ||||||||
4.875%, 01/15/26 |
597,000 | 557,581 | ||||||
United Airlines, Inc. | ||||||||
4.625%, 04/15/29 (144A) (a) |
2,590,000 | 2,143,070 | ||||||
|
|
|||||||
43,105,332 | ||||||||
|
|
|||||||
Auto Manufacturers1.3% | ||||||||
Ford Motor Co. | ||||||||
3.250%, 02/12/32 (a) |
4,270,000 | 3,075,809 | ||||||
6.100%, 08/19/32 (a) |
3,900,000 | 3,438,240 | ||||||
Auto Manufacturers(Continued) | ||||||||
Ford Motor Credit Co. LLC | ||||||||
3.625%, 06/17/31 (a) |
4,560,000 | 3,387,852 | ||||||
4.000%, 11/13/30 (a) |
7,300,000 | 5,694,000 | ||||||
4.950%, 05/28/27 (a) |
2,170,000 | 1,937,333 | ||||||
General Motors Co. | ||||||||
6.600%, 04/01/36 |
5,134,000 | 4,799,908 | ||||||
Mclaren Finance plc | ||||||||
7.500%, 08/01/26 (144A) (a) |
1,750,000 | 1,404,375 | ||||||
PM General Purchaser LLC | ||||||||
9.500%, 10/01/28 (144A) (a) |
5,440,000 | 4,550,855 | ||||||
|
|
|||||||
28,288,372 | ||||||||
|
|
|||||||
Auto Parts & Equipment0.5% | ||||||||
American Axle & Manufacturing, Inc. | ||||||||
5.000%, 10/01/29 (a) |
1,830,000 | 1,386,225 | ||||||
Clarios Global L.P. / Clarios U.S. Finance Co. | ||||||||
8.500%, 05/15/27 (144A) (a) |
3,230,000 | 3,083,003 | ||||||
Titan International, Inc. | ||||||||
7.000%, 04/30/28 (a) |
3,780,000 | 3,429,632 | ||||||
ZF North America Capital, Inc. | ||||||||
4.750%, 04/29/25 (144A) (a) |
4,315,000 | 3,925,269 | ||||||
|
|
|||||||
11,824,129 | ||||||||
|
|
|||||||
Banks4.1% | ||||||||
Banco Mercantil del Norte S.A. | ||||||||
7.625%, 10Y H15 + 5.353%, 01/10/28 (144A) (b) |
2,150,000 | 1,907,050 | ||||||
Barclays Bank plc | ||||||||
7.625%, 11/21/22 |
2,817,000 | 2,817,000 | ||||||
Barclays plc | ||||||||
2.000%, 5Y EUR Swap + 1.900%, 02/07/28 (EUR) (b) |
7,010,000 | 6,761,191 | ||||||
5.088%, 3M LIBOR + 3.054%, 06/20/30 (b) |
200,000 | 173,872 | ||||||
7.750%, 5Y USD Swap + 4.842%, 09/15/23 (b) |
3,650,000 | 3,371,688 | ||||||
8.000%, 5Y H15 + 5.672%, 06/15/24 (b) |
5,160,000 | 4,786,674 | ||||||
BBVA Bancomer S.A. | ||||||||
5.125%, 5Y H15 + 2.650%, 01/18/33 (144A) (b) |
5,980,000 | 4,948,528 | ||||||
BNP Paribas S.A. | ||||||||
7.750%, 5Y H15 + 4.899%, 08/16/29 (144A) (b) |
1,930,000 | 1,785,250 | ||||||
Credit Agricole S.A. | ||||||||
7.875%, 5Y USD Swap + 4.898%, 01/23/24 |
1,750,000 | 1,677,813 | ||||||
8.125%, 5Y USD Swap + 6.185%, 12/23/25 |
7,050,000 | 6,785,977 | ||||||
Credit Suisse Group AG | ||||||||
6.537%, SOFR + 3.920%, 08/12/33 (144A) (b) |
4,280,000 | 3,846,644 | ||||||
7.250%, 5Y USD ICE Swap + 4.332%, 09/12/25 |
650,000 | 497,196 | ||||||
7.500%, 5Y USD Swap + 4.600%, 07/17/23 (144A) (b) |
3,390,000 | 2,906,925 | ||||||
9.750%, 5Y H15 + 6.383%, 06/23/27 (144A) (a) (b) |
5,800,000 | 5,689,099 | ||||||
Goldman Sachs Group, Inc. (The) | ||||||||
6.750%, 10/01/37 |
2,000,000 | 1,993,367 | ||||||
HSBC Holdings plc | ||||||||
6.000%, 5Y USD ICE Swap + 3.746%, 05/22/27 (b) |
390,000 | 323,115 | ||||||
6.500%, 5Y USD ICE Swap + 3.606%, 03/23/28 (b) |
670,000 | 560,734 | ||||||
Intesa Sanpaolo S.p.A. | ||||||||
3.375%, 01/12/23 (144A) |
1,900,000 | 1,889,398 |
BHFTII-258
Table of Contents
Brighthouse Funds Trust II
Western Asset Management Strategic Bond Opportunities Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Banks(Continued) | ||||||||
Intesa Sanpaolo S.p.A. | ||||||||
5.710%, 01/15/26 (144A) (a) |
16,030,000 | $ | 14,579,552 | |||||
Lloyds Banking Group plc | ||||||||
4.947%, 5Y EURIBOR Swap + 5.290%, 06/27/25 |
5,450,000 | 4,720,350 | ||||||
7.500%, 5Y USD Swap + 4.760%, 06/27/24 (a) (b) |
3,580,000 | 3,323,063 | ||||||
Natwest Group plc | ||||||||
4.500%, 5Y UKG + 3.992%, 03/31/28 (GBP) (b) |
6,600,000 | 4,974,024 | ||||||
UBS Group AG | ||||||||
7.000%, 5Y USD Swap + 4.344%, 01/31/24 |
6,080,000 | 5,752,896 | ||||||
UniCredit S.p.A. | ||||||||
5.459%, 5Y H15 + 4.750%, 06/30/35 (144A) (a) (b) |
4,960,000 | 3,687,957 | ||||||
7.296%, 5Y USD ICE Swap + 4.914%, 04/02/34 |
1,750,000 | 1,485,201 | ||||||
|
|
|||||||
91,244,564 | ||||||||
|
|
|||||||
Beverages0.0% | ||||||||
Anheuser-Busch InBev Worldwide, Inc. | ||||||||
5.800%, 01/23/59 (a) |
1,110,000 | 1,059,739 | ||||||
|
|
|||||||
Biotechnology0.2% | ||||||||
Cidron Aida Finco Sarl | ||||||||
6.250%, 04/01/28 (144A) (GBP) |
4,110,000 | 3,613,853 | ||||||
|
|
|||||||
Building Materials0.3% | ||||||||
Builders FirstSource, Inc. | ||||||||
4.250%, 02/01/32 (144A) (a) |
2,644,000 | 2,028,305 | ||||||
SRM Escrow Issuer LLC | ||||||||
6.000%, 11/01/28 (144A) (a) |
5,470,000 | 4,445,688 | ||||||
|
|
|||||||
6,473,993 | ||||||||
|
|
|||||||
Chemicals0.1% | ||||||||
Minerals Technologies, Inc. | ||||||||
5.000%, 07/01/28 (144A) |
1,690,000 | 1,470,853 | ||||||
|
|
|||||||
Commercial Services2.2% | ||||||||
Adtalem Global Education, Inc. | ||||||||
5.500%, 03/01/28 (144A) (a) |
2,601,000 | 2,340,900 | ||||||
Allied Universal Holdco LLC / Allied Universal Finance Corp. | ||||||||
6.625%, 07/15/26 (144A) (a) |
3,050,000 | 2,718,313 | ||||||
Carriage Services, Inc. | ||||||||
4.250%, 05/15/29 (144A) (a) |
5,320,000 | 4,207,185 | ||||||
CoreCivic, Inc. | ||||||||
8.250%, 04/15/26 |
4,890,000 | 4,868,313 | ||||||
GEO Group, Inc. (The) | ||||||||
10.500%, 06/30/28 (a) |
7,134,000 | 7,054,880 | ||||||
Legends Hospitality Holding Co. LLC / Legends Hospitality Co- Issuer, Inc. |
||||||||
5.000%, 02/01/26 (144A) (a) |
6,680,000 | 5,720,284 | ||||||
Metropolitan Museum of Art (The) | ||||||||
3.400%, 07/01/45 (a) |
2,025,000 | 1,608,570 | ||||||
Paysafe Finance plc / Paysafe Holdings US Corp. | ||||||||
4.000%, 06/15/29 (144A) (a) |
3,300,000 | 2,305,215 | ||||||
Commercial Services(Continued) | ||||||||
Prime Security Services Borrower LLC / Prime Finance, Inc. | ||||||||
6.250%, 01/15/28 (144A) (a) |
2,720,000 | 2,321,170 | ||||||
Rent-A-Center, Inc. | ||||||||
6.375%, 02/15/29 (144A) (a) |
4,291,000 | 3,346,980 | ||||||
StoneMor, Inc. | ||||||||
8.500%, 05/15/29 (144A) (a) |
5,000,000 | 4,212,500 | ||||||
United Rentals North America, Inc. | ||||||||
4.000%, 07/15/30 (a) |
1,540,000 | 1,272,179 | ||||||
5.250%, 01/15/30 (a) |
4,000,000 | 3,620,120 | ||||||
WW International, Inc. | ||||||||
4.500%, 04/15/29 (144A) |
1,680,000 | 877,945 | ||||||
ZipRecruiter, Inc. | ||||||||
5.000%, 01/15/30 (144A) |
1,810,000 | 1,461,575 | ||||||
|
|
|||||||
47,936,129 | ||||||||
|
|
|||||||
Computers0.3% | ||||||||
Crowdstrike Holdings, Inc. | ||||||||
3.000%, 02/15/29 (a) |
2,270,000 | 1,906,800 | ||||||
NCR Corp. | ||||||||
5.125%, 04/15/29 (144A) (a) |
4,000,000 | 3,000,080 | ||||||
Vericast Corp. | ||||||||
11.000%, 09/15/26 (144A) |
1,800,000 | 1,768,500 | ||||||
13.000%, 10/15/27 (144A) |
230,000 | 260,763 | ||||||
|
|
|||||||
6,936,143 | ||||||||
|
|
|||||||
Distribution/Wholesale0.7% | ||||||||
American News Co. LLC | ||||||||
8.500%,10.000% PIK, 09/01/26 (144A) (a) (c) |
10,470,516 | 11,569,920 | ||||||
H&E Equipment Services, Inc. | ||||||||
3.875%, 12/15/28 (144A) (a) |
4,480,000 | 3,516,800 | ||||||
|
|
|||||||
15,086,720 | ||||||||
|
|
|||||||
Diversified Financial Services2.5% | ||||||||
Accelerate360 Holdings LLC | ||||||||
8.000%, 03/01/28 (144A) |
10,418,100 | 11,069,231 | ||||||
AerCap Ireland Capital DAC / AerCap Global Aviation Trust | ||||||||
3.300%, 01/30/32 (a) |
2,410,000 | 1,812,484 | ||||||
4.500%, 09/15/23 (a) |
990,000 | 975,744 | ||||||
Aviation Capital Group LLC | ||||||||
5.500%, 12/15/24 (144A) (a) |
3,560,000 | 3,446,281 | ||||||
Avolon Holdings Funding, Ltd. | ||||||||
4.250%, 04/15/26 (144A) |
2,950,000 | 2,645,174 | ||||||
B3 SA - Brasil Bolsa Balcao | ||||||||
4.125%, 09/20/31 (144A) |
6,000,000 | 4,696,695 | ||||||
Burford Capital Global Finance LLC | ||||||||
6.875%, 04/15/30 (144A) |
720,000 | 628,200 | ||||||
Carlyle Holdings II Finance LLC | ||||||||
5.625%, 03/30/43 (144A) |
1,370,000 | 1,181,559 | ||||||
Coinbase Global, Inc. | ||||||||
3.625%, 10/01/31 (144A) (a) |
3,720,000 | 2,062,577 | ||||||
Global Aircraft Leasing Co., Ltd. | ||||||||
6.500%, 7.250% PIK, 09/15/24 (144A) (a) (c) |
13,731,208 | 10,332,734 | ||||||
Jane Street Group / JSG Finance, Inc. | ||||||||
4.500%, 11/15/29 (144A) (a) |
1,530,000 | 1,315,800 |
BHFTII-259
Table of Contents
Brighthouse Funds Trust II
Western Asset Management Strategic Bond Opportunities Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Diversified Financial Services(Continued) | ||||||||
LD Holdings Group LLC | ||||||||
6.125%, 04/01/28 (144A) (a) |
3,760,000 | $ | 1,955,824 | |||||
Midcap Financial Issuer Trust | ||||||||
6.500%, 05/01/28 (144A) (a) |
5,020,000 | 4,289,841 | ||||||
Navient Corp. | ||||||||
5.625%, 08/01/33 (a) |
1,680,000 | 1,129,262 | ||||||
Park Aerospace Holdings, Ltd. | ||||||||
4.500%, 03/15/23 (144A) |
3,800,000 | 3,777,542 | ||||||
StoneX Group, Inc. | ||||||||
8.625%, 06/15/25 (144A) |
2,950,000 | 2,979,736 | ||||||
VistaJet Malta Finance plc / XO Management Holding, Inc. | ||||||||
6.375%, 02/01/30 (144A) (a) |
1,280,000 | 1,046,400 | ||||||
|
|
|||||||
55,345,084 | ||||||||
|
|
|||||||
Electric0.6% | ||||||||
FirstEnergy Corp. | ||||||||
4.400%, 07/15/27 (a) |
1,640,000 | 1,521,723 | ||||||
NRG Energy, Inc. | ||||||||
3.625%, 02/15/31 (144A) (a) |
400,000 | 312,000 | ||||||
NSG Holdings LLC / NSG Holdings, Inc. | ||||||||
7.750%, 12/15/25 (144A) |
1,070,017 | 1,032,566 | ||||||
Panoche Energy Center LLC | ||||||||
6.885%, 07/31/29 (144A) |
463,009 | 408,606 | ||||||
Southern California Edison Co. | ||||||||
3.900%, 03/15/43 |
1,217,000 | 900,915 | ||||||
TransAlta Corp. | ||||||||
6.500%, 03/15/40 (a) |
9,409,000 | 8,620,885 | ||||||
|
|
|||||||
12,796,695 | ||||||||
|
|
|||||||
Energy-Alternate Sources0.1% | ||||||||
Alta Wind Holdings LLC | ||||||||
7.000%, 06/30/35 (144A) |
795,288 | 794,041 | ||||||
Sunnova Energy Corp. | ||||||||
5.875%, 09/01/26 (144A) |
1,370,000 | 1,224,153 | ||||||
|
|
|||||||
2,018,194 | ||||||||
|
|
|||||||
Engineering & Construction0.2% | ||||||||
TopBuild Corp. | ||||||||
3.625%, 03/15/29 (144A) |
3,010,000 | 2,376,365 | ||||||
Tutor Perini Corp. | ||||||||
6.875%, 05/01/25 (144A) |
3,453,000 | 2,582,590 | ||||||
|
|
|||||||
4,958,955 | ||||||||
|
|
|||||||
Entertainment0.8% | ||||||||
Allen Media LLC / Allen Media Co-Issuer, Inc. | ||||||||
10.500%, 02/15/28 (144A) |
6,590,000 | 3,262,050 | ||||||
AMC Entertainment Holdings, Inc. | ||||||||
7.500%, 02/15/29 (144A) (a) |
1,130,000 | 872,925 | ||||||
10.000%, 06/15/26 (144A) (a) |
500,000 | 341,250 | ||||||
Boyne USA, Inc. | ||||||||
4.750%, 05/15/29 (144A) (a) |
4,120,000 | 3,451,465 | ||||||
Scientific Games International, Inc. | ||||||||
8.625%, 07/01/25 (144A) (a) |
1,600,000 | 1,638,064 | ||||||
Entertainment(Continued) | ||||||||
Warnermedia Holdings, Inc. | ||||||||
3.755%, 03/15/27 (144A) (a) |
3,130,000 | 2,800,425 | ||||||
Wynn Resorts Finance LLC / Wynn Resorts Capital Corp. | ||||||||
7.750%, 04/15/25 (144A) (a) |
4,268,000 | 4,169,035 | ||||||
|
|
|||||||
16,535,214 | ||||||||
|
|
|||||||
Environmental Control0.1% | ||||||||
GFL Environmental, Inc. | ||||||||
5.125%, 12/15/26 (144A) (a) |
1,460,000 | 1,359,618 | ||||||
|
|
|||||||
Food0.5% | ||||||||
Co-Operative Group, Ltd. | ||||||||
7.500%, 07/08/26 (GBP) (d) |
2,410,000 | 2,341,229 | ||||||
FAGE International S.A. / FAGE USA Dairy Industry, Inc. | ||||||||
5.625%, 08/15/26 (144A) (a) |
5,484,000 | 4,869,134 | ||||||
Simmons Foods, Inc. | ||||||||
4.625%, 03/01/29 (144A) (a) |
4,160,000 | 3,400,800 | ||||||
|
|
|||||||
10,611,163 | ||||||||
|
|
|||||||
Food Service0.1% | ||||||||
TKC Holdings, Inc. |
||||||||
6.875%, 05/15/28 (144A) |
1,580,000 | 1,276,197 | ||||||
|
|
|||||||
Forest Products & Paper0.2% | ||||||||
Suzano Austria GmbH |
||||||||
3.125%, 01/15/32 (a) |
5,000,000 | 3,598,500 | ||||||
5.750%, 07/14/26 |
1,200,000 | 1,170,000 | ||||||
|
|
|||||||
4,768,500 | ||||||||
|
|
|||||||
Healthcare-Products0.2% | ||||||||
Medline Borrower L.P. |
||||||||
3.875%, 04/01/29 (144A) |
6,510,000 | 5,219,002 | ||||||
|
|
|||||||
Healthcare-Services1.3% | ||||||||
Akumin Escrow, Inc. |
||||||||
7.500%, 08/01/28 (144A) |
3,840,000 | 2,931,347 | ||||||
Akumin, Inc. |
||||||||
7.000%, 11/01/25 (144A) |
1,417,000 | 1,163,347 | ||||||
CHS/Community Health Systems, Inc. |
||||||||
6.125%, 04/01/30 (144A) (a) |
10,700,000 | 5,046,120 | ||||||
6.875%, 04/15/29 (144A) (a) |
3,630,000 | 1,753,425 | ||||||
Fresenius Medical Care U.S. Finance II, Inc. |
||||||||
4.750%, 10/15/24 (144A) (a) |
700,000 | 687,391 | ||||||
HCA, Inc. |
||||||||
5.500%, 06/15/47 |
360,000 | 304,126 | ||||||
5.625%, 09/01/28 (a) |
6,000,000 | 5,717,507 | ||||||
7.500%, 11/06/33 |
1,808,000 | 1,905,839 | ||||||
Radiology Partners, Inc. |
||||||||
9.250%, 02/01/28 (144A) (a) |
5,020,000 | 3,272,464 | ||||||
RegionalCare Hospital Partners Holdings, Inc. / LifePoint Health, Inc. |
||||||||
9.750%, 12/01/26 (144A) (a) |
4,120,000 | 3,686,576 | ||||||
U.S. Renal Care, Inc. |
||||||||
10.625%, 07/15/27 (144A) |
3,931,000 | 1,802,588 | ||||||
|
|
|||||||
28,270,730 | ||||||||
|
|
BHFTII-260
Table of Contents
Brighthouse Funds Trust II
Western Asset Management Strategic Bond Opportunities Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Home Builders0.1% | ||||||||
MDC Holdings, Inc. |
||||||||
6.000%, 01/15/43 |
2,195,000 | $ | 1,647,011 | |||||
|
|
|||||||
Insurance1.0% | ||||||||
Highlands Holdings Bond Issuer, Ltd. / Highlands Holdings Bond Co-Issuer, Inc. |
||||||||
7.625%, 8.375% PIK, 10/15/25 (144A) (c) |
6,630,000 | 6,248,775 | ||||||
Liberty Mutual Insurance Co. |
||||||||
7.697%, 10/15/97 (144A) |
2,600,000 | 2,946,627 | ||||||
Massachusetts Mutual Life Insurance Co. |
||||||||
4.900%, 04/01/77 (144A) (a) |
6,285,000 | 5,072,196 | ||||||
NMI Holdings, Inc. |
||||||||
7.375%, 06/01/25 (144A) |
3,380,000 | 3,278,262 | ||||||
Prudential Financial, Inc. |
||||||||
5.625%, 3M LIBOR + 3.920%, 06/15/43 (a) (b) |
550,000 | 541,893 | ||||||
Saga plc |
||||||||
5.500%, 07/15/26 (GBP) |
5,800,000 | 4,662,713 | ||||||
Teachers Insurance & Annuity Association of America |
||||||||
6.850%, 12/16/39 (144A) |
216,000 | 235,199 | ||||||
|
|
|||||||
22,985,665 | ||||||||
|
|
|||||||
Internet0.4% | ||||||||
Acuris Finance U.S., Inc. / Acuris Finance Sarl |
||||||||
5.000%, 05/01/28 (144A) (a) |
2,900,000 | 2,421,500 | ||||||
NortonLifeLock, Inc. |
||||||||
7.125%, 09/30/30 (144A) (a) |
5,110,000 | 4,942,443 | ||||||
Tencent Holdings, Ltd. |
||||||||
3.595%, 01/19/28 (144A) (a) |
2,640,000 | 2,361,059 | ||||||
|
|
|||||||
9,725,002 | ||||||||
|
|
|||||||
Investment Companies0.2% | ||||||||
The Vanguard Group, Inc. |
||||||||
3.050%, 08/28/50 |
7,460,000 | 4,988,985 | ||||||
|
|
|||||||
Iron/Steel0.2% | ||||||||
Vale Overseas, Ltd. |
||||||||
6.250%, 08/10/26 (a) |
3,990,000 | 4,023,222 | ||||||
6.875%, 11/10/39 (a) |
1,180,000 | 1,107,907 | ||||||
|
|
|||||||
5,131,129 | ||||||||
|
|
|||||||
Leisure Time1.3% | ||||||||
Carnival Corp. |
||||||||
10.500%, 06/01/30 (144A) |
210,000 | 168,000 | ||||||
Carnival plc |
||||||||
7.875%, 06/01/27 |
15,456,000 | 14,865,149 | ||||||
NCL Corp., Ltd. |
||||||||
3.625%, 12/15/24 (144A) |
1,240,000 | 1,042,785 | ||||||
5.875%, 03/15/26 (144A) (a) |
2,960,000 | 2,251,790 | ||||||
5.875%, 02/15/27 (144A) |
5,450,000 | 4,537,125 | ||||||
Royal Caribbean Cruises, Ltd. |
||||||||
11.625%, 08/15/27 (144A) (a) |
2,740,000 | 2,493,455 | ||||||
Viking Ocean Cruises Ship VII, Ltd. |
||||||||
5.625%, 02/15/29 (144A) |
1,460,000 | 1,135,150 | ||||||
Leisure Time(Continued) | ||||||||
VOC Escrow, Ltd. |
||||||||
5.000%, 02/15/28 (144A) |
2,220,000 | 1,805,659 | ||||||
|
|
|||||||
28,299,113 | ||||||||
|
|
|||||||
Lodging0.9% | ||||||||
Full House Resorts, Inc. |
||||||||
8.250%, 02/15/28 (144A) (a) |
2,210,000 | 1,989,287 | ||||||
Las Vegas Sands Corp. |
||||||||
2.900%, 06/25/25 |
50,000 | 44,842 | ||||||
3.500%, 08/18/26 (a) |
640,000 | 559,916 | ||||||
Melco Resorts Finance, Ltd. |
||||||||
4.875%, 06/06/25 (144A) |
740,000 | 547,742 | ||||||
5.375%, 12/04/29 (144A) (a) |
7,230,000 | 4,374,150 | ||||||
Sands China, Ltd. |
||||||||
2.800%, 03/08/27 (a) |
200,000 | 158,914 | ||||||
3.350%, 03/08/29 (a) |
1,240,000 | 921,083 | ||||||
3.750%, 08/08/31 (a) |
470,000 | 336,953 | ||||||
5.625%, 08/08/25 (a) |
4,610,000 | 4,176,337 | ||||||
5.900%, 08/08/28 (a) |
1,240,000 | 1,042,232 | ||||||
Wynn Macau, Ltd. |
||||||||
5.125%, 12/15/29 (144A) (a) |
5,550,000 | 3,607,500 | ||||||
5.500%, 01/15/26 (144A) |
1,490,000 | 1,129,331 | ||||||
5.625%, 08/26/28 (144A) (a) |
3,080,000 | 2,051,650 | ||||||
|
|
|||||||
20,939,937 | ||||||||
|
|
|||||||
Machinery-Construction & Mining0.2% | ||||||||
Vertiv Group Corp. |
||||||||
4.125%, 11/15/28 (144A) (a) |
6,600,000 | 5,313,000 | ||||||
|
|
|||||||
Machinery-Diversified0.1% | ||||||||
Granite U.S. Holdings Corp. |
||||||||
11.000%, 10/01/27 (144A) (a) |
1,975,000 | 1,861,848 | ||||||
|
|
|||||||
Media2.2% | ||||||||
CCO Holdings LLC / CCO Holdings Capital Corp. |
||||||||
4.500%, 05/01/32 (a) |
4,940,000 | 3,767,590 | ||||||
5.000%, 02/01/28 (144A) (a) |
2,990,000 | 2,578,157 | ||||||
Charter Communications Operating LLC / Charter Communications Operating Capital Corp. |
||||||||
3.500%, 03/01/42 |
470,000 | 298,220 | ||||||
4.200%, 03/15/28 (a) |
2,010,000 | 1,804,549 | ||||||
5.375%, 04/01/38 |
1,580,000 | 1,280,278 | ||||||
CSC Holdings LLC |
||||||||
4.500%, 11/15/31 (144A) (a) |
3,800,000 | 2,854,484 | ||||||
5.750%, 01/15/30 (144A) (a) |
770,000 | 547,289 | ||||||
6.500%, 02/01/29 (144A) (a) |
11,000,000 | 9,707,500 | ||||||
Directv Financing LLC / Directv Financing Co-Obligor, Inc. |
||||||||
5.875%, 08/15/27 (144A) (a) |
8,040,000 | 6,931,364 | ||||||
DISH DBS Corp. |
||||||||
5.125%, 06/01/29 |
3,030,000 | 1,780,125 | ||||||
5.750%, 12/01/28 (144A) (a) |
4,330,000 | 3,272,354 | ||||||
5.875%, 11/15/24 (a) |
6,490,000 | 5,792,325 | ||||||
Gannett Holdings LLC |
||||||||
6.000%, 11/01/26 (144A) (a) |
600,000 | 460,500 |
BHFTII-261
Table of Contents
Brighthouse Funds Trust II
Western Asset Management Strategic Bond Opportunities Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Media(Continued) | ||||||||
iHeartCommunications, Inc. |
||||||||
4.750%, 01/15/28 (144A) (a) |
2,930,000 | $ | 2,442,155 | |||||
Liberty Interactive LLC |
||||||||
8.500%, 07/15/29 (a) |
5,190,000 | 3,399,450 | ||||||
Time Warner Cable LLC |
||||||||
5.875%, 11/15/40 (a) |
1,942,000 | 1,598,682 | ||||||
|
|
|||||||
48,515,022 | ||||||||
|
|
|||||||
Metal Fabricate/Hardware0.2% | ||||||||
Advanced Drainage Systems, Inc. |
||||||||
6.375%, 06/15/30 (144A) (a) |
3,110,000 | 3,013,124 | ||||||
Park-Ohio Industries, Inc. |
||||||||
6.625%, 04/15/27 (a) |
3,153,000 | 2,364,750 | ||||||
|
|
|||||||
5,377,874 | ||||||||
|
|
|||||||
Mining1.9% | ||||||||
Anglo American Capital plc |
||||||||
4.000%, 09/11/27 (144A) |
2,740,000 | 2,505,916 | ||||||
First Quantum Minerals, Ltd. |
||||||||
6.875%, 03/01/26 (144A) (a) |
5,000,000 | 4,613,650 | ||||||
6.875%, 10/15/27 (144A) (a) |
13,800,000 | 12,420,000 | ||||||
Freeport Minerals Corp. |
||||||||
7.125%, 11/01/27 |
4,240,000 | 4,462,600 | ||||||
Freeport-McMoRan, Inc. |
||||||||
5.450%, 03/15/43 (a) |
10,000,000 | 8,343,000 | ||||||
Glencore Finance Canada, Ltd. |
||||||||
5.550%, 10/25/42 (144A) (a) |
1,000,000 | 848,363 | ||||||
Hudbay Minerals, Inc. |
||||||||
4.500%, 04/01/26 (144A) (a) |
2,660,000 | 2,211,471 | ||||||
6.125%, 04/01/29 (144A) (a) |
2,854,000 | 2,299,553 | ||||||
Midwest Vanadium Pty, Ltd. |
||||||||
13.250%, 02/15/18 (144A) (e) (f) (g) |
931,574 | 0 | ||||||
Northwest Acquisitions ULC / Dominion Finco, Inc. |
||||||||
7.125%, 11/01/22 (144A) (f) |
8,475,000 | 85 | ||||||
Teck Resources, Ltd. |
||||||||
5.400%, 02/01/43 |
3,365,000 | 2,728,908 | ||||||
6.000%, 08/15/40 |
1,774,000 | 1,564,597 | ||||||
|
|
|||||||
41,998,143 | ||||||||
|
|
|||||||
Office/Business Equipment0.1% | ||||||||
CDW LLC / CDW Finance Corp. |
||||||||
3.250%, 02/15/29 (a) |
1,610,000 | 1,307,458 | ||||||
|
|
|||||||
Oil & Gas5.6% | ||||||||
Berry Petroleum Co. LLC |
||||||||
7.000%, 02/15/26 (144A) |
11,840,000 | 10,434,829 | ||||||
Chord Energy Corp. |
||||||||
6.375%, 06/01/26 (144A) (a) |
6,890,000 | 6,545,500 | ||||||
Colgate Energy Partners III LLC |
||||||||
5.875%, 07/01/29 (144A) (a) |
8,880,000 | 7,926,554 | ||||||
Continental Resources, Inc. |
||||||||
5.750%, 01/15/31 (144A) (a) |
3,630,000 | 3,281,007 | ||||||
Devon Energy Corp. |
||||||||
5.250%, 10/15/27 (a) |
584,000 | 585,111 | ||||||
8.250%, 08/01/23 |
5,720,000 | 5,854,439 | ||||||
Oil & Gas(Continued) | ||||||||
Endeavor Energy Resources L.P. / EER Finance, Inc. |
||||||||
5.750%, 01/30/28 (144A) (a) |
3,770,000 | 3,585,722 | ||||||
EQT Corp. |
||||||||
6.125%, 02/01/25 |
2,670,000 | 2,673,418 | ||||||
7.000%, 02/01/30 (a) |
3,480,000 | 3,591,012 | ||||||
Hilcorp Energy I L.P. / Hilcorp Finance Co. |
||||||||
6.250%, 04/15/32 (144A) (a) |
3,440,000 | 3,047,186 | ||||||
KazMunayGas National Co. JSC |
||||||||
5.375%, 04/24/30 (144A) |
300,000 | 237,525 | ||||||
6.375%, 10/24/48 (144A) |
1,060,000 | 736,836 | ||||||
MEG Energy Corp. |
||||||||
5.875%, 02/01/29 (144A) (a) |
650,000 | 583,375 | ||||||
7.125%, 02/01/27 (144A) (a) |
5,290,000 | 5,369,350 | ||||||
Neptune Energy Bondco plc |
||||||||
6.625%, 05/15/25 (144A) (a) |
5,270,000 | 4,892,484 | ||||||
Northern Oil and Gas, Inc. |
||||||||
8.125%, 03/01/28 (144A) (a) |
5,580,000 | 5,231,250 | ||||||
Occidental Petroleum Corp. |
||||||||
4.500%, 07/15/44 |
1,765,000 | 1,474,016 | ||||||
Parsley Energy LLC / Parsley Finance Corp. |
||||||||
5.625%, 10/15/27 (144A) |
3,920,000 | 4,029,729 | ||||||
Penn Virginia Escrow LLC |
||||||||
9.250%, 08/15/26 (144A) (a) |
7,120,000 | 6,692,800 | ||||||
Petrobras Global Finance B.V. |
||||||||
5.750%, 02/01/29 |
2,000,000 | 1,870,500 | ||||||
6.850%, 06/05/15 (a) |
6,170,000 | 4,811,195 | ||||||
Range Resources Corp. |
||||||||
4.750%, 02/15/30 (144A) (a) |
3,060,000 | 2,653,724 | ||||||
8.250%, 01/15/29 (a) |
7,430,000 | 7,560,025 | ||||||
Southwestern Energy Co. |
||||||||
4.750%, 02/01/32 (a) |
4,080,000 | 3,419,448 | ||||||
7.750%, 10/01/27 (a) |
11,103,000 | 11,283,693 | ||||||
8.375%, 09/15/28 (a) |
4,053,000 | 4,196,066 | ||||||
Viper Energy Partners L.P. |
||||||||
5.375%, 11/01/27 (144A) |
5,505,000 | 5,067,470 | ||||||
YPF S.A. |
||||||||
6.950%, 07/21/27 (144A) |
3,360,000 | 1,963,920 | ||||||
8.500%, 07/28/25 (144A) |
6,350,000 | 4,479,925 | ||||||
|
|
|||||||
124,078,109 | ||||||||
|
|
|||||||
Packaging & Containers0.7% | ||||||||
ARD Finance S.A. |
||||||||
6.500%, 7.250% PIK, 06/30/27 (144A) (a) (c) |
4,470,000 | 3,060,609 | ||||||
Ardagh Metal Packaging Finance U.S.A. LLC / Ardagh Metal Packaging Finance plc |
||||||||
4.000%, 09/01/29 (144A) (a) |
4,700,000 | 3,442,059 | ||||||
6.000%, 06/15/27 (144A) (a) |
1,340,000 | 1,261,883 | ||||||
Canpack S.A. / Canpack U.S. LLC |
||||||||
3.875%, 11/15/29 (144A) |
1,396,000 | 1,090,555 | ||||||
Cascades, Inc./Cascades USA, Inc. |
||||||||
5.375%, 01/15/28 (144A) (a) |
2,610,000 | 2,207,773 | ||||||
Pactiv LLC |
||||||||
7.950%, 12/15/25 (a) |
1,000,000 | 928,558 | ||||||
8.375%, 04/15/27 |
2,936,000 | 2,620,380 | ||||||
|
|
|||||||
14,611,817 | ||||||||
|
|
BHFTII-262
Table of Contents
Brighthouse Funds Trust II
Western Asset Management Strategic Bond Opportunities Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Pharmaceuticals1.4% | ||||||||
AdaptHealth LLC |
||||||||
4.625%, 08/01/29 (144A) (a) |
3,650,000 | $ | 2,925,292 | |||||
Bausch Health Americas, Inc. |
||||||||
9.250%, 04/01/26 (144A) (a) |
830,000 | 491,775 | ||||||
Bausch Health Cos., Inc. |
||||||||
5.000%, 01/30/28 (144A) |
480,000 | 176,741 | ||||||
5.500%, 11/01/25 (144A) (a) |
2,470,000 | 1,962,161 | ||||||
6.125%, 02/01/27 (144A) |
2,470,000 | 1,709,623 | ||||||
7.000%, 01/15/28 (144A) |
1,070,000 | 407,627 | ||||||
Cheplapharm Arzneimittel GmbH |
||||||||
5.500%, 01/15/28 (144A) |
2,840,000 | 2,343,000 | ||||||
Option Care Health, Inc. |
||||||||
4.375%, 10/31/29 (144A) (a) |
6,360,000 | 5,374,200 | ||||||
Par Pharmaceutical, Inc. |
||||||||
7.500%, 04/01/27 (144A) (a) (f) |
3,240,000 | 2,559,661 | ||||||
Teva Pharmaceutical Finance Co. LLC |
||||||||
6.150%, 02/01/36 (a) |
11,965,000 | 9,854,189 | ||||||
Teva Pharmaceutical Finance Netherlands III B.V. |
||||||||
4.750%, 05/09/27 |
3,410,000 | 2,896,147 | ||||||
|
|
|||||||
30,700,416 | ||||||||
|
|
|||||||
Pipelines3.2% | ||||||||
Blue Racer Midstream LLC / Blue Racer Finance Corp. |
||||||||
7.625%, 12/15/25 (144A) (a) |
5,130,000 | 4,924,800 | ||||||
Cheniere Energy Partners L.P. |
||||||||
3.250%, 01/31/32 (a) |
608,000 | 466,856 | ||||||
DCP Midstream L.P. |
||||||||
7.375%, 3M LIBOR + 5.148%, 12/15/22 (b) |
1,620,000 | 1,598,162 | ||||||
DCP Midstream Operating L.P. |
||||||||
6.750%, 09/15/37 (144A) (a) |
3,480,000 | 3,374,339 | ||||||
El Paso Natural Gas Co. LLC |
||||||||
7.500%, 11/15/26 (a) |
4,250,000 | 4,518,725 | ||||||
8.375%, 06/15/32 |
190,000 | 211,809 | ||||||
Energy Transfer L.P. |
||||||||
6.250%, 3M LIBOR + 4.028%, 02/15/23 (a) (b) |
2,030,000 | 1,664,600 | ||||||
6.250%, 04/15/49 |
1,090,000 | 966,968 | ||||||
7.125%, 5Y H15 + 5.306%, 05/15/30 (b) |
1,950,000 | 1,602,011 | ||||||
7.600%, 02/01/24 |
630,000 | 643,124 | ||||||
Enterprise Products Operating LLC |
||||||||
5.375%, 3M LIBOR + 2.570%, 02/15/78 (b) |
13,090,000 | 9,830,821 | ||||||
EQM Midstream Partners L.P. |
||||||||
6.000%, 07/01/25 (144A) (a) |
1,880,000 | 1,738,305 | ||||||
6.500%, 07/01/27 (144A) (a) |
1,660,000 | 1,533,987 | ||||||
7.500%, 06/01/30 (144A) (a) |
2,660,000 | 2,513,622 | ||||||
Howard Midstream Energy Partners LLC |
||||||||
6.750%, 01/15/27 (144A) |
3,590,000 | 3,198,571 | ||||||
Kinder Morgan, Inc. |
||||||||
7.800%, 08/01/31 |
67,000 | 72,818 | ||||||
Plains All American Pipeline L.P. |
||||||||
6.125%, 3M LIBOR + 4.110%, 11/15/22 (a) (b) |
2,768,000 | 2,256,230 | ||||||
Rockies Express Pipeline LLC |
||||||||
7.500%, 07/15/38 (144A) |
2,930,000 | 2,490,500 | ||||||
Southern Natural Gas Co. LLC |
||||||||
8.000%, 03/01/32 |
25,000 | 27,278 | ||||||
Pipelines(Continued) | ||||||||
Summit Midstream Holdings LLC / Summit Midstream Finance Corp. |
||||||||
8.500%, 10/15/26 (144A) (a) |
1,220,000 | 1,145,275 | ||||||
Tallgrass Energy Partners L.P. / Tallgrass Energy Finance Corp. |
||||||||
6.000%, 12/31/30 (144A) (a) |
3,230,000 | 2,745,855 | ||||||
Targa Resources Partners L.P. / Targa Resources Partners Finance Corp. |
||||||||
4.875%, 02/01/31 (a) |
5,120,000 | 4,403,200 | ||||||
Venture Global Calcasieu Pass LLC |
||||||||
3.875%, 11/01/33 (144A) (a) |
4,010,000 | 3,117,775 | ||||||
4.125%, 08/15/31 (144A) |
3,570,000 | 2,961,208 | ||||||
Western Midstream Operating L.P. |
||||||||
5.300%, 03/01/48 |
4,900,000 | 4,030,250 | ||||||
5.450%, 04/01/44 |
11,710,000 | 9,606,206 | ||||||
|
|
|||||||
71,643,295 | ||||||||
|
|
|||||||
Real Estate0.3% | ||||||||
Country Garden Holdings Co., Ltd. |
||||||||
8.000%, 01/27/24 |
1,110,000 | 427,301 | ||||||
Five Point Operating Co. L.P. / Five Point Capital Corp. |
||||||||
7.875%, 11/15/25 (144A) (a) |
6,837,000 | 5,438,207 | ||||||
Realogy Group LLC / Realogy Co-Issuer Corp. |
||||||||
5.750%, 01/15/29 (144A) (a) |
710,000 | 512,088 | ||||||
|
|
|||||||
6,377,596 | ||||||||
|
|
|||||||
Real Estate Investment Trusts0.9% | ||||||||
Apollo Commercial Real Estate Finance, Inc. |
||||||||
4.625%, 06/15/29 (144A) (a) |
2,840,000 | 2,138,534 | ||||||
Diversified Healthcare Trust |
||||||||
9.750%, 06/15/25 |
1,750,000 | 1,583,068 | ||||||
IIP Operating Partnership L.P. |
||||||||
5.500%, 05/25/26 |
3,110,000 | 2,777,611 | ||||||
Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp. |
||||||||
4.250%, 02/01/27 (144A) |
1,836,000 | 1,478,361 | ||||||
4.750%, 06/15/29 (144A) (a) |
2,090,000 | 1,564,679 | ||||||
MPT Operating Partnership L.P. / MPT Finance Corp. |
||||||||
3.692%, 06/05/28 (GBP) |
4,656,000 | 3,834,269 | ||||||
Service Properties Trust |
||||||||
5.500%, 12/15/27 |
3,045,000 | 2,473,359 | ||||||
7.500%, 09/15/25 (a) |
4,280,000 | 4,001,800 | ||||||
|
|
|||||||
19,851,681 | ||||||||
|
|
|||||||
Retail1.8% | ||||||||
Abercrombie & Fitch Management Co. |
||||||||
8.750%, 07/15/25 (144A) |
570,000 | 555,750 | ||||||
Bath & Body Works, Inc. |
||||||||
5.250%, 02/01/28 (a) |
5,000,000 | 4,332,412 | ||||||
6.625%, 10/01/30 (144A) (a) |
1,850,000 | 1,609,500 | ||||||
Bed Bath & Beyond, Inc. |
||||||||
5.165%, 08/01/44 |
9,312,000 | 1,394,867 | ||||||
Carrols Restaurant Group, Inc. |
||||||||
5.875%, 07/01/29 (144A) (a) |
1,890,000 | 1,261,575 | ||||||
Doman Building Materials Group, Ltd. |
||||||||
5.250%, 05/15/26 (144A) (CAD) |
3,680,000 | 2,274,442 |
BHFTII-263
Table of Contents
Brighthouse Funds Trust II
Western Asset Management Strategic Bond Opportunities Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Corporate Bonds & Notes(Continued)
Security Description | Principal Amount* |
Value | ||||||
Retail(Continued) | ||||||||
Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc. |
||||||||
4.625%, 01/15/29 (144A) (a) |
2,490,000 | $ | 2,060,475 | |||||
FirstCash, Inc. |
||||||||
5.625%, 01/01/30 (144A) (a) |
3,060,000 | 2,616,300 | ||||||
Foot Locker, Inc. |
||||||||
4.000%, 10/01/29 (144A) (a) |
930,000 | 720,328 | ||||||
Guitar Center, Inc. |
||||||||
8.500%, 01/15/26 (144A) |
4,081,000 | 3,615,276 | ||||||
Michaels Cos, Inc. (The) |
||||||||
5.250%, 05/01/28 (144A) (a) |
2,200,000 | 1,544,356 | ||||||
7.875%, 05/01/29 (144A) (a) |
5,560,000 | 3,210,233 | ||||||
Sally Holdings LLC / Sally Capital, Inc. |
||||||||
5.625%, 12/01/25 (a) |
1,850,000 | 1,752,875 | ||||||
Suburban Propane Partners L.P./Suburban Energy Finance Corp. |
||||||||
5.000%, 06/01/31 (144A) (a) |
2,430,000 | 1,994,544 | ||||||
Superior Plus L.P. / Superior General Partner, Inc. |
||||||||
4.500%, 03/15/29 (144A) (a) |
2,320,000 | 1,915,995 | ||||||
Tendam Brands S.A.U. |
||||||||
5.000%, 09/15/24 (144A) (EUR) |
1,350,000 | 1,227,145 | ||||||
5.517%, 3M EURIBOR + 5.250%, 09/15/24 (144A) (EUR) (b) |
3,750,000 | 3,467,540 | ||||||
Wendys International LLC |
||||||||
7.000%, 12/15/25 |
5,178,000 | 5,178,000 | ||||||
|
|
|||||||
40,731,613 | ||||||||
|
|
|||||||
Semiconductors0.1% | ||||||||
Broadcom, Inc. |
||||||||
3.187%, 11/15/36 (144A) (a) |
135,000 | 92,333 | ||||||
Uniquify, Inc. |
||||||||
6.000%, 06/15/24 (144A) |
1,505,000 | 1,456,373 | ||||||
|
|
|||||||
1,548,706 | ||||||||
|
|
|||||||
Software1.4% | ||||||||
AthenaHealth Group, Inc. |
||||||||
6.500%, 02/15/30 (144A) (a) |
6,500,000 | 5,138,705 | ||||||
Black Knight InfoServ LLC |
||||||||
3.625%, 09/01/28 (144A) (a) |
3,680,000 | 3,122,701 | ||||||
Central Parent, Inc, / CDK Global, Inc. |
||||||||
7.250%, 06/15/29 (144A) (a) |
7,050,000 | 6,702,400 | ||||||
Clarivate Science Holdings Corp. |
||||||||
4.875%, 07/01/29 (144A) (a) |
2,540,000 | 1,988,820 | ||||||
MSCI, Inc. |
||||||||
3.250%, 08/15/33 (144A) (a) |
1,130,000 | 872,620 | ||||||
Open Text Holdings, Inc. |
||||||||
4.125%, 02/15/30 (144A) (a) |
2,500,000 | 1,996,525 | ||||||
Rackspace Technology Global, Inc. |
||||||||
3.500%, 02/15/28 (144A) (a) |
4,980,000 | 3,293,025 | ||||||
Ziff Davis, Inc. |
||||||||
4.625%, 10/15/30 (144A) (a) |
5,586,000 | 4,580,520 | ||||||
ZoomInfo Technologies LLC |
||||||||
3.875%, 02/01/29 (144A) (a) |
3,940,000 | 3,214,803 | ||||||
|
|
|||||||
30,910,119 | ||||||||
|
|
|||||||
Telecommunications1.4% | ||||||||
Altice France Holding S.A. |
||||||||
10.500%, 05/15/27 (144A) (a) |
9,640,000 | 7,550,583 | ||||||
British Telecommunications plc |
||||||||
9.625%, 12/15/30 |
3,875,000 | 4,476,986 | ||||||
Millicom International Cellular S.A. |
||||||||
4.500%, 04/27/31 (144A) (a) |
3,930,000 | 2,801,854 | ||||||
6.250%, 03/25/29 (144A) (a) |
1,395,000 | 1,183,323 | ||||||
Sprint Capital Corp. |
||||||||
8.750%, 03/15/32 (a) |
3,000,000 | 3,476,250 | ||||||
Switch, Ltd. |
||||||||
3.750%, 09/15/28 (144A) (a) |
3,000,000 | 2,981,250 | ||||||
4.125%, 06/15/29 (144A) (a) |
2,910,000 | 2,882,169 | ||||||
Viavi Solutions, Inc. |
||||||||
3.750%, 10/01/29 (144A) (a) |
1,940,000 | 1,552,155 | ||||||
Vmed O2 UK Financing I plc |
||||||||
4.750%, 07/15/31 (144A) (a) |
4,620,000 | 3,564,312 | ||||||
|
|
|||||||
30,468,882 | ||||||||
|
|
|||||||
Transportation0.4% | ||||||||
Carriage Purchaser, Inc. |
||||||||
7.875%, 10/15/29 (144A) |
2,190,000 | 1,631,156 | ||||||
XPO CNW, Inc. |
||||||||
6.700%, 05/01/34 (a) |
7,991,000 | 7,421,641 | ||||||
|
|
|||||||
9,052,797 | ||||||||
|
|
|||||||
Total Corporate Bonds & Notes |
1,003,885,965 | |||||||
|
|
|||||||
Floating Rate Loans (h)19.4% | ||||||||
Advertising0.5% | ||||||||
CMG Media Corp. |
||||||||
Term Loan, 6.615%, 1M LIBOR + 3.500%, 12/17/26 |
7,233,521 | 6,787,452 | ||||||
Polyconcept Holding B.V. |
||||||||
Term Loan B, 8.534%, TSFR + 5.500%, 05/18/29 |
5,370,000 | 5,108,212 | ||||||
|
|
|||||||
11,895,664 | ||||||||
|
|
|||||||
Aerospace/Defense0.7% | ||||||||
Vertex Aerospace Services Corp. |
||||||||
1st Lien Term Loan, 6.865%, 1M LIBOR + 3.750%, 12/06/28 |
8,238,600 | 8,032,635 | ||||||
WP CPP Holdings LLC |
||||||||
2nd Lien Incremental Term Loan, 10.560%, 3M LIBOR + 7.750%, 04/30/26 |
3,300,000 | 2,780,250 | ||||||
Term Loan, 6.560%, 3M LIBOR + 3.750%, 04/30/25 |
4,926,975 | 4,424,014 | ||||||
|
|
|||||||
15,236,899 | ||||||||
|
|
|||||||
Airlines0.7% | ||||||||
Air Canada |
||||||||
Term Loan B, 6.421%, 3M LIBOR + 3.500%, 08/11/28 |
5,595,975 | 5,327,833 | ||||||
Mileage Plus Holdings LLC |
||||||||
Term Loan B, 8.777%, 3M LIBOR + 5.250%, 06/21/27 |
6,374,500 | 6,409,789 |
BHFTII-264
Table of Contents
Brighthouse Funds Trust II
Western Asset Management Strategic Bond Opportunities Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Floating Rate Loans (h)(Continued)
Security Description | Principal Amount* |
Value | ||||||
Airlines(Continued) | ||||||||
United Airlines, Inc. |
||||||||
Term Loan B, 6.533%, 3M LIBOR + 3.750%, 04/21/28 |
4,745,070 | $ | 4,548,596 | |||||
|
|
|||||||
16,286,218 | ||||||||
|
|
|||||||
Apparel0.3% | ||||||||
Fanatics Commerce Intermediate Holdco LLC |
||||||||
Term Loan B, 6.056%, 3M LIBOR + 3.250%, 11/24/28 |
6,451,250 | 6,241,584 | ||||||
|
|
|||||||
Auto Parts & Equipment0.2% | ||||||||
First Brands Group LLC |
||||||||
2nd Lien Term Loan, 11.871%, 3M LIBOR + 8.500%, 03/30/28 |
1,950,000 | 1,872,000 | ||||||
Term Loan, 8.369%, TSFR + 5.000%, 03/30/27 |
3,191,400 | 3,074,716 | ||||||
|
|
|||||||
4,946,716 | ||||||||
|
|
|||||||
Beverages0.2% | ||||||||
City Brewing Co. LLC |
||||||||
Term Loan, 6.185%, 1M LIBOR + 3.500%, 04/05/28 |
3,583,800 | 2,813,283 | ||||||
Naked Juice LLC |
||||||||
Term Loan, 6.903%, TSFR + 3.250%, 01/24/29 |
369,839 | 340,252 | ||||||
|
|
|||||||
3,153,535 | ||||||||
|
|
|||||||
Building Materials0.4% | ||||||||
Quikrete Holdings, Inc. |
||||||||
Term Loan B1, 6.115%, 1M LIBOR + 3.000%, 06/11/28 |
3,373,050 | 3,254,993 | ||||||
Solis IV B.V. |
||||||||
USD Term Loan B1, 6.340%, TSFR + 3.500%, 02/26/29 |
7,610,925 | 6,301,846 | ||||||
|
|
|||||||
9,556,839 | ||||||||
|
|
|||||||
Chemicals0.2% | ||||||||
Hexion Holdings Corp. |
||||||||
USD Term Loan, 7.413%, TSFR + 4.500%, 03/15/29 |
6,154,575 | 5,280,625 | ||||||
|
|
|||||||
Commercial Services2.2% | ||||||||
Adtalem Global Education, Inc. |
||||||||
Term Loan B, 7.052%, 1M LIBOR + 4.000%, 08/12/28 |
2,816,720 | 2,784,153 | ||||||
Amentum Government Services Holdings LLC |
||||||||
2nd Lien Term Loan, 12.920%, 6M LIBOR + 8.750%, 01/31/28 |
4,140,000 | 3,829,500 | ||||||
Term Loan, 7.393%, TSFR + 4.000%, 02/15/29 |
8,787,975 | 8,421,806 | ||||||
Term Loan B, 7.798%, 6M LIBOR + 4.000%, 01/29/27 |
4,613,874 | 4,417,784 | ||||||
Garda World Security Corp. |
||||||||
Term Loan B, 7.050%, TSFR + 4.250%, 02/01/29 |
4,910,000 | 4,589,318 | ||||||
Lakeshore Intermediate LLC |
||||||||
Term Loan, 6.133%, 1M LIBOR + 3.500%, 09/29/28 |
6,014,550 | 5,785,245 | ||||||
Mavis Tire Express Services Corp. |
||||||||
Term Loan B, 7.250%, TSFR + 4.000%, 05/04/28 |
2,330,500 | 2,192,611 | ||||||
Mister Car Wash Holdings, Inc. |
||||||||
Term Loan B, 6.115%, 1M LIBOR + 3.000%, 05/14/26 |
1,741,885 | 1,684,593 | ||||||
PECF USS Intermediate Holding III Corp. |
||||||||
Term Loan B, 7.365%, 1M LIBOR + 4.250%, 12/15/28 |
5,280,100 | 4,530,986 | ||||||
TruGreen L.P. |
||||||||
2nd Lien Term Loan, 11.615%, 1M LIBOR + 8.500%, 11/02/28 |
1,820,000 | 1,638,000 | ||||||
Commercial Services(Continued) | ||||||||
Verscend Holding Corp. |
||||||||
Term Loan B, 7.115%, 1M LIBOR + 4.000%, 08/27/25 |
1,886,553 | 1,840,961 | ||||||
VT Topco, Inc. |
||||||||
2nd Lien Term Loan, 9.865%, 1M LIBOR + 6.750%, 07/31/26 |
3,070,000 | 2,993,250 | ||||||
Delayed Draw Term Loan, 5.469%, 1M LIBOR + 3.750%, 08/01/25 (i) |
237,032 | 228,144 | ||||||
Incremental Term Loan, 6.865%, 1M LIBOR + 3.750%, 08/01/25 |
3,494,155 | 3,363,124 | ||||||
|
|
|||||||
48,299,475 | ||||||||
|
|
|||||||
Computers1.5% | ||||||||
Magenta Buyer LLC |
||||||||
USD 1st Lien Term Loan, 7.870%, 1M LIBOR + 4.750%, 07/27/28 |
7,533,075 | 6,817,433 | ||||||
USD 2nd Lien Term Loan, 11.370%, 1M LIBOR + 8.250%, 07/27/29 |
8,260,000 | 7,578,550 | ||||||
Redstone Holdco 2 L.P. |
||||||||
2nd Lien Term Loan, 10.519%, 3M LIBOR + 7.750%, 04/27/29 |
8,730,000 | 6,285,600 | ||||||
Term Loan, 7.533%, 3M LIBOR + 4.750%, 04/27/28 |
8,652,600 | 6,467,818 | ||||||
Surf Holdings LLC |
||||||||
USD Term Loan, 6.668%, 3M LIBOR + 3.500%, 03/05/27 |
1,632,385 | 1,579,916 | ||||||
UST Holdings, Ltd. |
||||||||
Term Loan, 6.834%, 1M LIBOR + 3.750%, 11/20/28 |
4,406,700 | 4,307,549 | ||||||
|
|
|||||||
33,036,866 | ||||||||
|
|
|||||||
Diversified Financial Services1.9% | ||||||||
AqGen Island Holdings, Inc. |
||||||||
Term Loan, 7.188%, 3M LIBOR + 3.500%, 08/02/28 |
4,626,750 | 4,221,909 | ||||||
Citadel Securities L.P. |
||||||||
Term Loan B, 5.649%, TSFR + 2.500%, 02/02/28 |
2,961,154 | 2,886,510 | ||||||
CTC Holdings L.P. |
||||||||
Term Loan B, 8.357%, TSFR + 5.000%, 02/20/29 |
4,865,550 | 4,670,928 | ||||||
Deerfield Dakota Holding LLC |
||||||||
USD 2nd Lien Term Loan, 9.865%, 1M LIBOR + 6.750%, 04/07/28 |
2,060,000 | 2,003,350 | ||||||
USD Term Loan B, 6.784%, TSFR + 3.750%, 04/09/27 |
2,082,075 | 1,979,272 | ||||||
Focus Financial Partners LLC |
||||||||
Term Loan B3, 5.115%, 1M LIBOR + 2.000%, 07/03/24 |
3,787 | 3,702 | ||||||
Term Loan B4, 5.615%, 1M LIBOR + 2.500%, 06/30/28 |
5,028,737 | 4,879,132 | ||||||
Greystone Select Financial LLC |
||||||||
Term Loan B, 7.738%, 3M LIBOR + 5.000%, 06/16/28 |
5,427,908 | 5,102,233 | ||||||
Hudson River Trading LLC |
||||||||
Term Loan, 6.164%, TSFR + 3.000%, 03/20/28 |
10,461,407 | 9,476,288 | ||||||
Jane Street Group LLC |
||||||||
Term Loan, 5.865%, 1M LIBOR + 2.750%, 01/26/28 |
5,230,031 | 5,027,368 | ||||||
VFH Parent LLC |
||||||||
Term Loan B, 6.118%, TSFR + 3.000%, 01/13/29 |
2,660,000 | 2,550,275 | ||||||
|
|
|||||||
42,800,967 | ||||||||
|
|
|||||||
Engineering & Construction0.4% | ||||||||
Brown Group Holding LLC |
||||||||
Term Loan B, 5.615%, TSFR + 2.500%, 06/07/28 |
4,985,328 | 4,748,525 |
BHFTII-265
Table of Contents
Brighthouse Funds Trust II
Western Asset Management Strategic Bond Opportunities Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Floating Rate Loans (h)(Continued)
Security Description | Principal Amount* |
Value | ||||||
Engineering & Construction(Continued) | ||||||||
Tutor Perini Corp. |
||||||||
Term Loan B, 7.865%, 1M LIBOR + 4.750%, 08/18/27 |
3,714,200 | $ | 3,454,206 | |||||
|
|
|||||||
8,202,731 | ||||||||
|
|
|||||||
Entertainment0.7% | ||||||||
Allen Media LLC |
||||||||
Term Loan B, 9.203%, 3M LIBOR + 5.500%, 02/10/27 |
8,785,323 | 7,599,304 | ||||||
AMC Entertainment Holdings, Inc. |
||||||||
Term Loan B, 5.756%, 3M LIBOR + 3.000%, 04/22/26 |
3,426,735 | 2,692,841 | ||||||
UFC Holdings LLC |
||||||||
Term Loan B, 5.520%, 3M LIBOR + 2.750%, 04/29/26 |
4,497,205 | 4,328,560 | ||||||
|
|
|||||||
14,620,705 | ||||||||
|
|
|||||||
Environmental Control0.7% | ||||||||
Liberty Tire Recycling Holdco LLC |
||||||||
Term Loan, 8.174%, 3M LIBOR + 4.500%, 05/05/28 |
7,347,000 | 6,704,137 | ||||||
LRS Holdings LLC |
||||||||
Term Loan B, 7.365%, 1M LIBOR + 4.250%, 08/31/28 |
7,175,775 | 6,816,986 | ||||||
Madison IAQ LLC |
||||||||
Term Loan, 6.815%, 3M LIBOR + 3.250%, 06/21/28 |
2,577,375 | 2,387,294 | ||||||
|
|
|||||||
15,908,417 | ||||||||
|
|
|||||||
Food0.6% | ||||||||
8th Avenue Food & Provisions, Inc. |
||||||||
2nd Lien Term Loan, 10.865%, 1M LIBOR + 7.750%, 10/01/26 |
1,452,297 | 1,209,643 | ||||||
Del Monte Foods, Inc. |
||||||||
Term Loan, 7.368%, TSFR + 4.350%, 05/16/29 |
5,220,000 | 5,004,675 | ||||||
Froneri International, Ltd. |
||||||||
Term Loan, 3.006%, 6M EURIBOR + 2.375%, 01/29/27 (EUR) |
2,780,000 | 2,462,983 | ||||||
USD Term Loan, 5.365%, 1M LIBOR + 2.250%, 01/29/27 |
2,439,417 | 2,307,537 | ||||||
Sovos Brands Intermediate, Inc. |
||||||||
Term Loan, 6.615%, 1M LIBOR + 3.500%, 06/08/28 |
2,097,283 | 2,004,652 | ||||||
|
|
|||||||
12,989,490 | ||||||||
|
|
|||||||
Food Service0.3% | ||||||||
TKC Holdings, Inc. |
||||||||
Term Loan, 9.180%, 3M LIBOR + 5.500%, 05/15/28 |
6,336,854 | 5,475,434 | ||||||
|
|
|||||||
Healthcare-Services1.4% | ||||||||
EyeCare Partners LLC |
||||||||
2nd Lien Term Loan, 10.424%, 3M LIBOR + 6.750%, 11/15/29 |
3,930,000 | 3,615,600 | ||||||
Incremental Term Loan, 7.424%, 3M LIBOR + 3.750%, 11/15/28 |
4,248,650 | 3,855,650 | ||||||
Term Loan, 7.424%, 3M LIBOR + 3.750%, 02/18/27 |
4,686,583 | 4,260,886 | ||||||
Global Medical Response, Inc. |
||||||||
Term Loan B, 6.814%, 1M LIBOR + 4.250%, 10/02/25 |
3,546,825 | 3,076,871 | ||||||
Knight Health Holdings LLC |
||||||||
Term Loan B, 8.365%, 1M LIBOR + 5.250%, 12/23/28 |
5,746,575 | 4,211,763 | ||||||
Healthcare-Services(Continued) | ||||||||
One Call Corp. |
||||||||
Term Loan, 8.313%, 3M LIBOR + 5.500%, 04/22/27 |
6,181,750 | 4,790,856 | ||||||
Phoenix Guarantor, Inc. |
||||||||
Term Loan B, 6.365%, 1M LIBOR + 3.250%, 03/05/26 |
2,088,172 | 1,983,763 | ||||||
U.S. Renal Care, Inc. |
||||||||
Term Loan B, 8.115%, 1M LIBOR + 5.000%, 06/26/26 |
6,352,025 | 4,586,162 | ||||||
WP CityMD Bidco LLC |
||||||||
1st Lien Term Loan B, 6.924%, 3M LIBOR + 3.250%, 12/22/28 |
834,481 | 799,761 | ||||||
|
|
|||||||
31,181,312 | ||||||||
|
|
|||||||
Insurance0.7% | ||||||||
Acrisure LLC |
||||||||
Term Loan B, 6.615%, 1M LIBOR + 3.500%, 02/15/27 |
2,915,250 | 2,671,098 | ||||||
Asurion LLC |
||||||||
Second Lien Term Loan B4, 8.365%, 1M LIBOR + 5.250%, 01/20/29 |
8,950,000 | 6,891,500 | ||||||
Term Loan B9, 6.365%, 1M LIBOR + 3.250%, 07/31/27 |
3,236,948 | 2,735,221 | ||||||
Ryan Specialty Group LLC |
||||||||
Term Loan, 6.134%, TSFR + 3.000%, 09/01/27 |
601,865 | 583,809 | ||||||
Sedgwick Claims Management Services, Inc. |
||||||||
Term Loan B, 6.365%, 1M LIBOR + 3.250%, 12/31/25 |
2,389,351 | 2,268,887 | ||||||
|
|
|||||||
15,150,515 | ||||||||
|
|
|||||||
Investment Companies0.3% | ||||||||
Cardinal Parent, Inc. |
||||||||
Term Loan B, 8.174%, 3M LIBOR + 4.500%, 11/12/27 |
5,608,590 | 5,342,182 | ||||||
Jump Financial LLC |
||||||||
Term Loan B, 8.315%, TSFR + 4.500%, 08/07/28 |
2,233,083 | 2,082,350 | ||||||
|
|
|||||||
7,424,532 | ||||||||
|
|
|||||||
Leisure Time1.0% | ||||||||
19th Holdings Golf LLC |
||||||||
Term Loan B, 5.696%, TSFR + 3.000%, 02/07/29 |
8,079,750 | 7,514,167 | ||||||
Carnival Corp. |
||||||||
Incremental Term Loan B, 6.127%, 6M LIBOR + 3.250%, 10/18/28 |
3,767,568 | 3,296,622 | ||||||
USD Term Loan B, 5.877%, 6M LIBOR + 3.000%, 06/30/25 |
11,211 | 10,258 | ||||||
ClubCorp Holdings, Inc. |
||||||||
Term Loan B, 6.424%, 3M LIBOR + 2.750%, 09/18/24 |
5,814,488 | 5,369,680 | ||||||
Equinox Holdings, Inc. |
||||||||
Term Loan B2, 12.674%, 3M LIBOR + 9.000%, 03/08/24 |
2,170,050 | 1,790,291 | ||||||
Hornblower Sub LLC |
||||||||
Repriced Term Loan B, 8.670%, 3M LIBOR + 4.500%, 04/27/25 |
6,715,649 | 4,745,728 | ||||||
|
|
|||||||
22,726,746 | ||||||||
|
|
|||||||
Lodging0.1% | ||||||||
Caesars Resort Collection LLC |
||||||||
Term Loan B1, 6.615%, 1M LIBOR + 3.500%, 07/21/25 |
1,616,604 | 1,598,753 | ||||||
|
|
|||||||
Machinery-Diversified0.3% | ||||||||
SPX Flow, Inc. |
||||||||
Term Loan, 7.634%, TSFR + 4.500%, 04/05/29 |
7,410,000 | 6,863,513 | ||||||
|
|
BHFTII-266
Table of Contents
Brighthouse Funds Trust II
Western Asset Management Strategic Bond Opportunities Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Floating Rate Loans (h)(Continued)
Security Description | Principal Amount* |
Value | ||||||
Pharmaceuticals0.3% | ||||||||
Gainwell Acquisition Corp. |
||||||||
Term Loan B, 7.674%, 3M LIBOR + 4.000%, 10/01/27 |
4,759,528 | $ | 4,549,314 | |||||
Grifols Worldwide Operations USA, Inc. |
||||||||
USD Term Loan B, 5.115%, 1M LIBOR + 2.000%, 11/15/27 |
1,647,661 | 1,567,338 | ||||||
|
|
|||||||
6,116,652 | ||||||||
|
|
|||||||
Real Estate Investment Trusts0.3% | ||||||||
Apollo Commercial Real Estate Finance, Inc. |
||||||||
Incremental Term Loan B1, 6.584%, 1M LIBOR + 3.500%, 03/11/28 |
7,281,594 | 6,844,698 | ||||||
|
|
|||||||
Retail1.0% | ||||||||
Empire Today LLC |
||||||||
Term Loan B, 7.685%, 1M LIBOR + 5.000%, 04/03/28 |
5,793,047 | 4,634,901 | ||||||
Great Outdoors Group LLC |
||||||||
Term Loan B1, 6.865%, 1M LIBOR + 3.750%, 03/06/28 |
6,942,312 | 6,425,978 | ||||||
Pacific Bells LLC |
||||||||
Term Loan B, 8.315%, 1M LIBOR + 4.500%, 11/10/28 |
3,245,728 | 3,063,156 | ||||||
Spencer Spirit IH LLC |
||||||||
Term Loan B, 8.806%, 3M LIBOR + 6.000%, 06/19/26 |
5,335,227 | 5,228,522 | ||||||
Thermostat Purchaser III, Inc. |
||||||||
Delayed Draw Term Loan, 4.500%, 1M LIBOR + 4.500%, 08/31/28 (i) |
367,274 | 343,401 | ||||||
Term Loan, 7.570%, 3M LIBOR + 4.500%, 08/31/28 |
2,374,337 | 2,220,005 | ||||||
|
|
|||||||
21,915,963 | ||||||||
|
|
|||||||
Software2.0% | ||||||||
AppLovin Corp. |
||||||||
Term Loan B, 6.674%, 3M LIBOR + 3.000%, 10/25/28 |
4,258,600 | 4,113,808 | ||||||
Athenahealth, Inc. |
||||||||
Delayed Draw Term Loan, 3.500%, 02/15/29 (i) |
118,443 | 106,421 | ||||||
Term Loan B, 6.576%, TSFR + 3.500%, 02/15/29 |
697,057 | 626,306 | ||||||
Castle U.S. Holding Corp. |
||||||||
USD Term Loan B, 6.865%, 1M LIBOR + 3.750%, 01/29/27 |
3,084,375 | 2,502,199 | ||||||
Cloudera, Inc. |
||||||||
2nd Lien Term Loan, 9.115%, 1M LIBOR + 6.000%, 10/08/29 |
3,700,000 | 3,182,000 | ||||||
DCert Buyer, Inc. |
||||||||
2nd Lien Term Loan, 9.903%, 3M LIBOR + 7.000%, 02/19/29 |
8,990,000 | 8,282,037 | ||||||
Term Loan B, 6.903%, 3M LIBOR + 4.000%, 10/16/26 |
4,292,410 | 4,105,385 | ||||||
Particle Investments S.a.r.l. |
||||||||
Term Loan, 8.924%, 3M LIBOR + 5.250%, 02/18/27 |
3,241,390 | 3,160,355 | ||||||
Rackspace Technology Global, Inc. |
||||||||
Term Loan B, 5.617%, 3M LIBOR + 2.750%, 02/15/28 |
1,734,360 | 1,244,944 | ||||||
Seattle Spinco, Inc. |
||||||||
USD Term Loan B3, 5.865%, 1M LIBOR + 2.750%, 06/21/24 |
1,684,051 | 1,651,423 | ||||||
Symplr Software, Inc. |
||||||||
Term Loan, 7.634%, TSFR + 4.500%, 12/22/27 |
4,393,100 | 4,147,820 | ||||||
Virgin Pulse, Inc. |
||||||||
2nd Lien Term Loan, 10.365%, 1M LIBOR + 7.250%, 04/06/29 |
2,890,000 | 2,427,600 | ||||||
Software(Continued) | ||||||||
Virgin Pulse, Inc. |
||||||||
Term Loan, 7.115%, 1M LIBOR + 4.000%, 04/06/28 |
9,024,373 | 7,896,327 | ||||||
|
|
|||||||
43,446,625 | ||||||||
|
|
|||||||
Telecommunications0.2% | ||||||||
Global Tel*Link Corp. |
||||||||
1st Lien Term Loan, 7.056%, 3M LIBOR + 4.250%, 11/29/25 |
5,235,050 | 4,713,178 | ||||||
|
|
|||||||
Transportation0.3% | ||||||||
Worldwide Express Operations LLC |
||||||||
1st Lien Term Loan, 7.674%, 3M LIBOR + 4.000%, 07/26/28 |
7,255,175 | 6,634,858 | ||||||
|
|
|||||||
Total Floating Rate Loans |
428,549,510 | |||||||
|
|
|||||||
Mortgage-Backed Securities9.5% | ||||||||
Collateralized Mortgage Obligations5.6% | ||||||||
Alternative Loan Trust |
||||||||
5.750%, 01/25/37 |
1,418,994 | 798,648 | ||||||
6.000%, 01/25/37 |
1,244,796 | 878,776 | ||||||
10.155%, -2.2x 1M LIBOR + 16.940%, 06/25/35 (b) |
784,118 | 640,046 | ||||||
16.264%, -4x 1M LIBOR + 28.600%, 07/25/36 (b) |
1,512,677 | 1,407,691 | ||||||
20.496%, -6x 1M LIBOR + 39.000%, 08/25/37 (b) |
627,581 | 746,275 | ||||||
Alternative Loan Trust Resecuritization |
||||||||
0.188%, 08/25/37 (b) |
1,888,717 | 992,393 | ||||||
Angel Oak Mortgage Trust |
||||||||
4.178%, 01/25/67 (144A) (b) |
4,149,285 | 3,619,080 | ||||||
Banc of America Funding Corp. |
||||||||
2.574%, 02/27/37 (144A) (b) |
16,666,887 | 14,175,516 | ||||||
Banc of America Funding Trust |
||||||||
3.004%, 1M LIBOR + 0.165%, 09/29/36 (144A) (b) |
22,055,013 | 17,935,284 | ||||||
3.359%, 03/27/36 (144A) (b) |
4,484,003 | 4,106,250 | ||||||
7.760%, 01/27/30 (144A) (b) |
21,567,531 | 7,078,507 | ||||||
Banc of America Mortgage Trust |
||||||||
3.965%, 09/25/35 (b) |
25,443 | 22,444 | ||||||
BCAP LLC Trust |
||||||||
3.233%, 05/26/47 (144A) (b) |
3,170,538 | 2,983,856 | ||||||
Bear Stearns Asset-Backed Securities Trust |
||||||||
22.887%, -4.3x 1M LIBOR + 36.250%, 07/25/36 (b) |
189,932 | 186,585 | ||||||
BRAVO Residential Funding Trust |
||||||||
3.125%, 01/29/70 (144A) (d) |
5,849,095 | 5,167,117 | ||||||
Citigroup Mortgage Loan Trust |
||||||||
6.170%, 09/25/62 (144A) (d) |
4,811,444 | 4,713,446 | ||||||
Countrywide Home Loan Reperforming Loan REMIC Trust |
||||||||
3.752%, 03/25/35 (144A) (b) (j) |
2,324,470 | 120,477 | ||||||
CSMC Mortgage-Backed Trust |
||||||||
13.563%, -5.5x 1M LIBOR + 30.525%, 02/25/36 (b) |
517,668 | 458,046 | ||||||
CSMC Trust |
||||||||
1.796%, 12/27/60 (144A) (b) |
2,001,802 | 1,862,099 | ||||||
2.000%, 10/25/60 (144A) (b) |
1,169,472 | 1,025,506 | ||||||
3.937%, 09/27/60 (144A) |
5,360,000 | 5,018,473 | ||||||
Flagstar Mortgage Trust |
||||||||
3.500%, 04/25/48 (144A) (b) |
100,732 | 99,087 |
BHFTII-267
Table of Contents
Brighthouse Funds Trust II
Western Asset Management Strategic Bond Opportunities Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Mortgage-Backed Securities(Continued)
Security Description | Principal Amount* |
Value | ||||||
Collateralized Mortgage Obligations(Continued) | ||||||||
GreenPoint Mortgage Funding Trust |
||||||||
3.524%, 1M LIBOR + 0.440%, 06/25/45 (b) |
588,262 | $ | 542,356 | |||||
GSMPS Mortgage Loan Trust |
||||||||
3.484%, 1M LIBOR + 0.400%, 04/25/36 (144A) (b) |
806,501 | 667,891 | ||||||
HarborView Mortgage Loan Trust |
||||||||
4.084%, 1M LIBOR + 2.000%, 10/25/37 (b) |
622,385 | 598,508 | ||||||
IndyMac INDX Mortgage Loan Trust |
||||||||
3.804%, 1M LIBOR + 0.720%, 01/25/35 (b) |
529,837 | 419,507 | ||||||
JPMorgan Mortgage Trust |
||||||||
6.500%, 01/25/36 |
63,084 | 35,178 | ||||||
Legacy Mortgage Asset Trust |
||||||||
3.250%, 06/25/60 (144A) (d) |
2,234,089 | 2,177,879 | ||||||
3.844%, 10/25/66 (144A) (d) |
2,770,000 | 2,442,604 | ||||||
Lehman XS Trust |
||||||||
3.484%, 1M LIBOR + 0.400%, 08/25/46 (b) |
871,156 | 795,109 | ||||||
MASTR Seasoned Securitization Trust |
||||||||
3.385%, 10/25/32 (b) |
47,975 | 47,526 | ||||||
Merrill Lynch Mortgage Investors Trust |
||||||||
3.070%, 05/25/34 (b) |
28,227 | 25,812 | ||||||
3.793%, 08/25/33 (b) |
196,830 | 180,419 | ||||||
Morgan Stanley Mortgage Loan Trust |
||||||||
3.404%, 1M LIBOR + 0.320%, 01/25/35 (b) |
266,380 | 241,599 | ||||||
New Residential Mortgage Loan Trust |
||||||||
3.500%, 12/25/57 (144A) (b) |
2,860,000 | 2,390,720 | ||||||
3.500%, 12/25/58 (144A) (b) |
3,130,662 | 2,933,932 | ||||||
3.750%, 11/25/58 (144A) (b) |
3,936,939 | 3,697,563 | ||||||
4.250%, 09/25/56 (144A) (b) |
5,781,976 | 5,419,197 | ||||||
NovaStar Mortgage Funding Trust |
||||||||
0.391%, 1M LIBOR + 0.380%, 09/25/46 (b) |
260,122 | 248,930 | ||||||
Prime Mortgage Trust |
||||||||
5.500%, 05/25/35 (144A) |
67,776 | 67,437 | ||||||
RBSGC Mortgage Loan Trust |
||||||||
3.534%, 1M LIBOR + 0.450%, 01/25/37 (b) |
355,170 | 128,410 | ||||||
Residential Accredit Loans, Inc. Trust |
||||||||
2.634%, 11/25/37 (b) |
1,881,464 | 1,667,392 | ||||||
Residential Asset Securitization Trust |
||||||||
5.750%, 02/25/36 |
815,655 | 759,798 | ||||||
Seasoned Credit Risk Transfer Trust |
||||||||
4.000%, 07/25/56 (b) |
3,913,999 | 3,825,990 | ||||||
4.250%, 05/25/60 (144A) (b) |
4,710,000 | 4,089,376 | ||||||
Sequoia Mortgage Trust |
||||||||
2.713%, 6M LIBOR + 0.680%, 06/20/33 (b) |
44,355 | 42,200 | ||||||
3.722%, 07/25/45 (144A) (b) |
4,699 | 4,376 | ||||||
Structured Adjustable Rate Mortgage Loan Trust |
||||||||
3.550%, 01/25/35 (b) |
124,504 | 119,651 | ||||||
3.663%, 09/25/35 (b) |
331,334 | 256,817 | ||||||
4.064%, 1M LIBOR + 1.500%, 09/25/37 (b) |
2,027,285 | 1,873,556 | ||||||
Structured Asset Mortgage Investments Trust |
||||||||
3.504%, 1M LIBOR + 0.420%, 05/25/46 (b) |
102,003 | 65,719 | ||||||
3.644%, 1M LIBOR + 0.560%, 02/25/36 (b) |
2,045,596 | 1,774,113 | ||||||
Towd Point Mortgage Trust |
||||||||
3.396%, 06/25/57 (144A) (b) |
2,900,000 | 2,310,932 | ||||||
5.334%, 1M LIBOR + 2.250%, 05/25/58 (144A) (b) |
1,220,000 | 1,160,193 | ||||||
Verus Securitization Trust |
||||||||
4.910%, 06/25/67 (144A) (d) |
3,447,088 | 3,279,864 | ||||||
Collateralized Mortgage Obligations(Continued) | ||||||||
WaMu Mortgage Pass-Through Certificates Trust |
||||||||
1.902%, 12M MTA + 0.798%, 03/25/47 (b) |
812,414 | 715,468 | ||||||
2.792%, 09/25/36 (b) |
269,309 | 236,778 | ||||||
3.596%, -1x 1M LIBOR + 6.680%, 04/25/37 (b) (j) |
7,074,700 | 1,191,635 | ||||||
3.624%, 1M LIBOR + 0.540%, 12/25/45 (b) |
179,035 | 168,873 | ||||||
4.044%, 1M LIBOR + 0.960%, 12/25/45 (b) |
5,654,776 | 3,617,516 | ||||||
4.162%, 08/25/33 (b) |
473,270 | 456,332 | ||||||
|
|
|||||||
124,712,758 | ||||||||
|
|
|||||||
Commercial Mortgage-Backed Securities3.9% | ||||||||
BAMLL Re-REMIC Trust |
||||||||
5.809%, 08/10/45 (144A) (b) |
8,243,600 | 2,390,644 | ||||||
BFLD Trust |
||||||||
7.018%, 1M LIBOR + 4.200%, 10/15/35 (144A) (b) |
2,960,000 | 2,700,584 | ||||||
BX Commercial Mortgage Trust |
||||||||
3.667%, 03/11/44 (144A) (b) |
9,066,697 | 6,575,600 | ||||||
CFK Trust |
||||||||
3.573%, 03/15/39 (144A) (b) |
4,800,000 | 3,878,746 | ||||||
Credit Suisse Commercial Mortgage Trust |
||||||||
10.168%, 1M LIBOR + 7.350%, 07/15/32 (144A) (b) |
10,905,000 | 9,107,872 | ||||||
Credit Suisse Mortgage Capital Certificates |
||||||||
5.468%, 1M LIBOR + 2.650%, 05/15/36 (144A) (b) |
10,620,000 | 10,173,709 | ||||||
Credit Suisse Mortgage Capital LLC |
||||||||
4.373%, 09/15/37 (144A) |
6,620,000 | 4,885,592 | ||||||
Credit Suisse Mortgage Trust |
||||||||
3.160%, 12/15/41 (144A) |
7,420,000 | 6,137,567 | ||||||
9.818%, 1M LIBOR + 7.000%, 12/15/22 (144A) (b) |
18,325,391 | 18,128,168 | ||||||
GS Mortgage Securities Corp. II |
||||||||
4.818%, 1M LIBOR + 2.000%, 05/15/26 (144A) (b) |
1,540,000 | 1,425,171 | ||||||
5.318%, 1M LIBOR + 2.500%, 05/15/26 (144A) (b) |
1,540,000 | 1,404,154 | ||||||
JPMorgan Chase Commercial Mortgage Securities Trust |
||||||||
6.723%, 02/15/51 (b) |
88,483 | 78,900 | ||||||
7.083%, 1M LIBOR + 4.265%, 11/15/38 (144A) (b) |
3,760,000 | 3,422,503 | ||||||
MHC Trust |
||||||||
4.768%, 1M LIBOR + 1.950%, 05/15/38 (144A) (b) |
5,620,000 | 5,281,976 | ||||||
ML-CFC Commercial Mortgage Trust |
||||||||
5.450%, 08/12/48 (b) |
188,504 | 91,231 | ||||||
5.450%, 08/12/48 (144A) (b) |
21,568 | 10,438 | ||||||
6.193%, 09/12/49 (b) |
44,918 | 44,132 | ||||||
6.222%, 09/12/49 (b) |
62,075 | 60,983 | ||||||
Multifamily Trust |
||||||||
0.388%, 04/25/46 (144A) (b) |
2,410,401 | 2,410,401 | ||||||
SMR Mortgage Trust |
||||||||
8.845%, TSFR + 6.000%, 02/15/39 (144A) (b) |
2,864,834 | 2,695,326 | ||||||
Soho Trust |
||||||||
2.787%, 08/10/38 (144A) (b) |
3,330,000 | 2,351,963 | ||||||
Waikiki Beach Hotel Trust |
||||||||
4.848%, 1M LIBOR + 2.030%, 12/15/33 (144A) (b) |
1,860,000 | 1,759,558 | ||||||
Waterfall Commercial Mortgage Trust |
||||||||
4.104%, 09/14/22 (144A) (b) |
337,824 | 319,136 | ||||||
|
|
|||||||
85,334,354 | ||||||||
|
|
|||||||
Total Mortgage-Backed Securities |
210,047,112 | |||||||
|
|
BHFTII-268
Table of Contents
Brighthouse Funds Trust II
Western Asset Management Strategic Bond Opportunities Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Asset-Backed Securities8.3%
Security Description | Principal Amount* |
Value | ||||||
Asset-Backed - Automobile0.3% | ||||||||
Avis Budget Rental Car Funding AESOP LLC |
||||||||
3.710%, 08/20/27 (144A) |
7,750,000 | $ | 6,414,272 | |||||
|
|
|||||||
Asset-Backed - Home Equity0.2% | ||||||||
Bear Stearns Asset-Backed Securities Trust |
||||||||
3.824%, 1M LIBOR + 0.740%, 01/25/34 (b) |
8,770 | 8,060 | ||||||
WaMu Asset-Backed Certificates Trust |
||||||||
3.254%, 1M LIBOR + 0.170%, 07/25/47 (b) |
7,027,992 | 5,210,839 | ||||||
|
|
|||||||
5,218,899 | ||||||||
|
|
|||||||
Asset-Backed - Manufactured Housing0.1% | ||||||||
Origen Manufactured Housing Contract Trust |
||||||||
4.067%, 10/15/37 (b) |
419,678 | 383,186 | ||||||
4.868%, 04/15/37 (b) |
430,958 | 398,170 | ||||||
UCFC Manufactured Housing Contract |
||||||||
7.095%, 04/15/29 (b) |
1,374,279 | 1,251,948 | ||||||
|
|
|||||||
2,033,304 | ||||||||
|
|
|||||||
Asset-Backed - Other6.9% | ||||||||
American Money Management Corp. CLO, Ltd. |
||||||||
8.550%, 3M LIBOR + 5.810%, 04/17/29 (144A) (b) |
6,300,000 | 5,769,099 | ||||||
Apidos CLO |
||||||||
9.460%, 3M LIBOR + 6.750%, 04/20/31 (144A) (b) |
5,490,000 | 4,781,433 | ||||||
Applebees Funding LLC / IHOP Funding LLC |
||||||||
4.194%, 06/05/49 (144A) |
2,970,000 | 2,814,039 | ||||||
Barings CLO, Ltd. |
||||||||
8.390%, 3M LIBOR + 5.680%, 01/20/32 (144A) (b) |
5,740,000 | 4,785,226 | ||||||
Bear Stearns Asset-Backed Securities Trust |
||||||||
6.000%, 10/25/36 |
1,112,274 | 622,905 | ||||||
Benefit Street Partners CLO IV, Ltd. |
||||||||
6.310%, 3M LIBOR + 3.600%, 01/20/32 (144A) (b) |
3,120,000 | 2,779,299 | ||||||
Canyon Capital CLO, Ltd. |
||||||||
8.922%, 3M LIBOR + 6.410%, 04/15/34 (144A) (b) |
750,000 | 576,807 | ||||||
Carlyle Global Market Strategies, CLO Ltd. |
||||||||
3.955%, 3M LIBOR + 1.050%, 05/15/31 (144A) (b) |
9,007,081 | 8,787,560 | ||||||
Carlyle U.S. CLO, Ltd. |
||||||||
6.410%, 3M LIBOR + 3.700%, 07/20/31 (144A) (b) |
8,500,000 | 7,191,672 | ||||||
Cathedral Lake VI, Ltd. |
||||||||
9.993%, 3M LIBOR + 7.210%, 04/25/34 (144A) (b) |
2,650,000 | 2,167,994 | ||||||
Catskill Park CLO, Ltd. |
||||||||
8.710%, 3M LIBOR + 6.000%, 04/20/29 (144A) (b) |
7,600,000 | 6,189,296 | ||||||
Cook Park CLO, Ltd. |
||||||||
8.140%, 3M LIBOR + 5.400%, 04/17/30 (144A) (b) |
750,000 | 601,563 | ||||||
Countrywide Revolving Home Equity Loan Resecuritization Trust |
||||||||
3.118%, 1M LIBOR + 0.300%, 12/15/33 (144A) (b) |
33,546 | 33,344 | ||||||
CVP CLO, Ltd. |
4,000,000 | 3,409,092 | ||||||
Dividend Solar Loans LLC |
2,976,082 | 2,682,337 | ||||||
Dryden 75 CLO, Ltd. |
7,200,000 | 6,030,662 | ||||||
Dryden Senior Loan Fund |
2,790,000 | 2,314,509 | ||||||
FNA VI LLC |
1,012,358 | 925,290 | ||||||
Asset-Backed - Other(Continued) | ||||||||
Fortress Credit BSL XII, Ltd. |
2,250,000 | 1,851,993 | ||||||
Golub Capital Partners CLO 53B, Ltd. |
3,640,000 | 3,023,038 | ||||||
Greenwood Park CLO, Ltd. |
7,380,000 | 5,884,509 | ||||||
Greywolf CLO IV, Ltd. |
4,090,000 | 3,562,357 | ||||||
HalseyPoint CLO, Ltd. |
2,770,000 | 2,199,707 | ||||||
LCM, Ltd. |
3,850,000 | 2,879,303 | ||||||
Long Beach Mortgage Loan Trust |
4,959 | 4,845 | ||||||
Marathon CLO 14, Ltd. |
2,950,000 | 2,729,240 | ||||||
Midocean Credit CLO VII |
4,000,000 | 3,350,200 | ||||||
Neuberger Berman Loan Advisers CLO 44, Ltd. |
4,570,000 | 3,902,977 | ||||||
Oaktree CLO, Ltd. |
5,300,000 | 4,474,276 | ||||||
Ocean Trails CLO X |
5,290,000 | 4,412,659 | ||||||
Palmer Square Loan Funding, Ltd. |
5,270,000 | 5,022,310 | ||||||
Peace Park CLO, Ltd. |
3,770,000 | 3,221,065 | ||||||
RR 18, Ltd. |
7,070,000 | 5,993,395 | ||||||
Saranac CLO III, Ltd. |
4,652,501 | 3,814,785 | ||||||
Sculptor CLO XXVI, Ltd. |
4,370,000 | 3,636,434 | ||||||
Structured Asset Securities Corp. Mortgage Loan Trust |
2,546,304 | 65,546 | ||||||
Symphony CLO, Ltd. | ||||||||
3.700%, 3M LIBOR + 0.960%, 04/16/31 (144A) (b) |
2,250,000 | 2,189,882 | ||||||
7.940%, 3M LIBOR + 5.200%, 04/16/31 (144A) (b) |
1,890,000 | 1,475,858 | ||||||
TCI-Symphony CLO, Ltd. |
||||||||
5.555%, 3M LIBOR + 3.100%, 10/13/32 (144A) (b) |
1,720,000 | 1,496,966 | ||||||
9.205%, 3M LIBOR + 6.750%, 10/13/32 (144A) (b) |
7,640,000 | 6,215,736 | ||||||
Thrust Engine Leasing Trust |
1,523,662 | 1,272,544 | ||||||
Venture CLO, Ltd. |
4,000,000 | 2,780,220 | ||||||
Voya CLO, Ltd. | ||||||||
8.532%, 3M LIBOR + 6.020%, 06/07/30 (144A) (b) |
3,100,000 | 2,510,709 | ||||||
9.660%, 3M LIBOR + 6.950%, 04/20/34 (144A) (b) |
2,360,000 | 1,985,709 | ||||||
WhiteHorse, Ltd. |
6,180,000 | 5,394,837 | ||||||
Z Capital Credit Partners CLO, Ltd. |
4,290,000 | 3,791,785 | ||||||
|
|
|||||||
151,605,012 | ||||||||
|
|
BHFTII-269
Table of Contents
Brighthouse Funds Trust II
Western Asset Management Strategic Bond Opportunities Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Asset-Backed Securities(Continued)
Security Description | Principal Amount* |
Value | ||||||
Asset-Backed - Student Loan0.8% | ||||||||
Education Funding LLC |
3,366,593 | $ | 2,496,124 | |||||
National Collegiate Student Loan Trust |
2,740,699 | 2,570,731 | ||||||
Navient Private Education Refi Loan Trust |
4,470,000 | 3,476,149 | ||||||
SMB Private Education Loan Trust | ||||||||
1.590%, 01/15/53 (144A) |
4,222,671 | 3,679,502 | ||||||
3.860%, 01/15/53 (144A) |
6,240,000 | 5,579,205 | ||||||
|
|
|||||||
17,801,711 | ||||||||
|
|
|||||||
Total Asset-Backed Securities |
183,073,198 | |||||||
|
|
|||||||
U.S. Treasury & Government Agencies8.2% |
| |||||||
Agency Sponsored Mortgage - Backed8.2% | ||||||||
Connecticut Avenue Securities Trust (CMO) | ||||||||
5.184%, 1M LIBOR + 2.100%, 10/25/39 (144A) (b) |
631,334 | 627,878 | ||||||
5.381%, SOFR30A + 3.100%, 10/25/41 (144A) (b) |
6,140,000 | 5,564,374 | ||||||
6.484%, 1M LIBOR + 3.400%, 10/25/39 (144A) (b) |
11,030,000 | 10,583,329 | ||||||
7.184%, 1M LIBOR + 4.100%, 07/25/39 (144A) (b) |
1,722,597 | 1,705,232 | ||||||
7.434%, 1M LIBOR + 4.350%, 04/25/31 (144A) (b) |
5,000,000 | 5,006,331 | ||||||
Fannie Mae 15 Yr. Pool |
4,492,490 | 3,963,123 | ||||||
Fannie Mae 20 Yr. Pool | ||||||||
2.000%, 08/01/41 |
4,527,456 | 3,792,459 | ||||||
2.500%, 07/01/41 |
2,576,791 | 2,216,405 | ||||||
Fannie Mae 30 Yr. Pool | ||||||||
2.000%, 06/01/51 |
13,446,435 | 10,952,572 | ||||||
2.000%, 08/01/51 |
2,713,378 | 2,210,693 | ||||||
2.500%, 04/01/51 |
8,376,077 | 7,079,491 | ||||||
2.500%, 09/01/51 |
368,867 | 314,271 | ||||||
2.500%, 10/01/51 |
1,633,355 | 1,380,597 | ||||||
2.500%, 03/01/52 |
5,263,466 | 4,444,365 | ||||||
3.000%, 06/01/51 |
15,696,660 | 13,739,466 | ||||||
3.500%, 08/01/45 |
18,547,331 | 17,044,076 | ||||||
4.000%, 03/01/52 |
4,416,778 | 4,107,741 | ||||||
4.500%, 04/01/48 |
1,191,058 | 1,155,257 | ||||||
4.500%, 04/01/49 |
47,127 | 45,600 | ||||||
4.500%, 10/01/49 |
26,305 | 25,441 | ||||||
7.000%, 05/01/26 |
311 | 312 | ||||||
7.000%, 07/01/30 |
184 | 185 | ||||||
7.000%, 07/01/31 |
912 | 929 | ||||||
7.000%, 09/01/31 |
852 | 857 | ||||||
7.000%, 10/01/31 |
964 | 963 | ||||||
7.000%, 11/01/31 |
13,663 | 13,883 | ||||||
7.000%, 01/01/32 |
4,367 | 4,384 | ||||||
7.500%, 01/01/30 |
203 | 214 | ||||||
7.500%, 02/01/30 |
219 | 219 | ||||||
7.500%, 06/01/30 |
28 | 28 | ||||||
7.500%, 08/01/30 |
56 | 56 | ||||||
7.500%, 09/01/30 |
273 | 280 | ||||||
7.500%, 10/01/30 |
9 | 9 | ||||||
7.500%, 11/01/30 |
7,192 | 7,280 | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Fannie Mae 30 Yr. Pool | ||||||||
7.500%, 02/01/31 |
604 | 604 | ||||||
8.000%, 08/01/27 |
73 | 73 | ||||||
8.000%, 07/01/30 |
198 | 211 | ||||||
8.000%, 09/01/30 |
294 | 298 | ||||||
Fannie Mae Connecticut Avenue Securities (CMO) | ||||||||
6.634%, 1M LIBOR + 3.550%, 07/25/30 (b) |
6,050,000 | 6,027,308 | ||||||
7.334%, 1M LIBOR + 4.250%, 01/25/31 (b) |
3,230,000 | 3,275,028 | ||||||
Fannie Mae Pool |
82,658 | 79,963 | ||||||
Fannie Mae REMICS (CMO) | ||||||||
3.434%, 1M LIBOR + 0.350%, 05/25/34 (b) |
40,334 | 39,919 | ||||||
4.500%, 06/25/29 |
42,932 | 42,579 | ||||||
Freddie Mac 20 Yr. Pool |
2,828,815 | 2,590,201 | ||||||
Freddie Mac 30 Yr. Gold Pool |
38,084 | 40,814 | ||||||
Freddie Mac 30 Yr. Pool | ||||||||
2.000%, 09/01/51 |
10,820,443 | 8,796,260 | ||||||
4.000%, 07/01/49 |
6,382,133 | 6,027,085 | ||||||
4.500%, 02/01/47 |
1,797,105 | 1,733,224 | ||||||
Freddie Mac STACR REMIC Trust (CMO) | ||||||||
5.281%, SOFR30A + 3.000%, 12/25/50 (144A) (b) |
8,290,000 | 7,664,413 | ||||||
5.331%, SOFR30A + 3.050%, 01/25/34 (144A) (b) |
4,240,000 | 3,761,704 | ||||||
5.384%, 1M LIBOR + 2.300%, 01/25/50 (144A) (b) |
2,210,000 | 2,023,734 | ||||||
6.784%, 1M LIBOR + 3.700%, 12/25/30 (144A) (b) |
4,580,000 | 4,515,490 | ||||||
6.834%, 1M LIBOR + 3.750%, 08/25/50 (144A) (b) |
75,867 | 75,849 | ||||||
8.184%, 1M LIBOR + 5.100%, 06/25/50 (144A) (b) |
4,856,973 | 4,905,546 | ||||||
Freddie Mac Structured Agency Credit Risk Debt Notes (CMO) | ||||||||
7.534%, 1M LIBOR + 4.450%, 03/25/30 (b) |
8,840,000 | 8,997,831 | ||||||
7.584%, 1M LIBOR + 4.500%, 02/25/24 (b) |
1,304,026 | 1,307,131 | ||||||
8.234%, 1M LIBOR + 5.150%, 10/25/29 (b) |
8,310,000 | 8,706,979 | ||||||
Ginnie Mae I 30 Yr. Pool | ||||||||
5.500%, 01/15/34 |
18,713 | 19,606 | ||||||
5.500%, 04/15/34 |
5,109 | 5,354 | ||||||
5.500%, 07/15/34 |
29,854 | 31,274 | ||||||
5.500%, 10/15/34 |
30,398 | 30,954 | ||||||
5.750%, 10/15/38 |
23,849 | 24,418 | ||||||
6.000%, 02/15/33 |
652 | 697 | ||||||
6.000%, 03/15/33 |
2,051 | 2,158 | ||||||
6.000%, 06/15/33 |
1,315 | 1,377 | ||||||
6.000%, 07/15/33 |
2,870 | 2,984 | ||||||
6.000%, 09/15/33 |
1,093 | 1,119 | ||||||
6.000%, 10/15/33 |
1,472 | 1,527 | ||||||
6.500%, 03/15/29 |
445 | 460 | ||||||
6.500%, 02/15/32 |
329 | 341 | ||||||
6.500%, 03/15/32 |
274 | 283 | ||||||
6.500%, 11/15/32 |
573 | 599 | ||||||
7.000%, 03/15/31 |
58 | 58 | ||||||
Ginnie Mae II 30 Yr. Pool | ||||||||
2.000%, 07/20/51 |
2,650,557 | 2,220,610 | ||||||
2.500%, 03/20/51 |
2,996,511 | 2,586,338 | ||||||
2.500%, 05/20/51 |
326,169 | 278,345 | ||||||
3.500%, 12/20/50 |
2,892,695 | 2,654,908 | ||||||
4.500%, 11/20/50 |
1,178,871 | 1,144,283 | ||||||
4.500%, 12/20/50 |
192,695 | 187,006 |
BHFTII-270
Table of Contents
Brighthouse Funds Trust II
Western Asset Management Strategic Bond Opportunities Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
U.S. Treasury & Government Agencies(Continued)
Security Description | Principal |
Value | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Ginnie Mae II 30 Yr. Pool | ||||||||
5.500%, 03/20/34 |
2,995 | $ | 3,129 | |||||
6.000%, 05/20/32 |
3,928 | 4,100 | ||||||
6.000%, 11/20/33 |
4,783 | 5,023 | ||||||
Government National Mortgage Association | ||||||||
Zero Coupon, 04/16/52 (b) (j) |
2,952,461 | 30 | ||||||
0.068%, 03/16/47 (b) (j) |
1,932,311 | 2,694 | ||||||
0.618%, 07/16/58 (b) (j) |
1,176,881 | 36,451 | ||||||
Government National Mortgage Association (CMO) |
37,032 | 36,730 | ||||||
Multifamily Connecticut Avenue Securities Trust |
||||||||
6.334%, 1M LIBOR + 3.250%, 10/25/49 (144A) (b) |
2,770,023 | 2,626,542 | ||||||
6.834%, 1M LIBOR + 3.750%, 03/25/50 (144A) (b) |
3,930,000 | 3,671,342 | ||||||
|
|
|||||||
Total U.S. Treasury & Government Agencies |
182,181,284 | |||||||
|
|
|||||||
Foreign Government2.9% |
| |||||||
Municipal0.2% | ||||||||
Ciudad Autonoma De Buenos Aires |
4,520,000 | 3,914,998 | ||||||
|
|
|||||||
Regional Government0.5% | ||||||||
Provincia de Buenos Aires |
24,455,990 | 7,581,357 | ||||||
Provincia de Cordoba |
5,515,415 | 3,482,984 | ||||||
|
|
|||||||
11,064,341 | ||||||||
|
|
|||||||
Sovereign2.2% | ||||||||
Angolan Government International Bond |
1,520,000 | 1,124,040 | ||||||
Bahamas Government International Bond |
2,570,000 | 2,107,197 | ||||||
Brazilian Government International Bond |
2,970,000 | 3,015,477 | ||||||
Bundesrepublik Deutschland Bundesanleihe |
3,430,000 | 3,136,824 | ||||||
Dominican Republic International Bonds | ||||||||
5.500%, 02/22/29 (144A) |
2,100,000 | 1,807,567 | ||||||
6.000%, 02/22/33 (144A) (a) |
3,800,000 | 3,088,095 | ||||||
Gabon Government International Bond |
2,600,000 | 1,707,004 | ||||||
Indonesia Treasury Bonds | ||||||||
6.500%, 02/15/31 (IDR) |
9,599,000,000 | 595,822 | ||||||
7.000%, 05/15/27 (IDR) |
223,092,000,000 | 14,643,567 | ||||||
8.375%, 09/15/26 (IDR) |
66,608,000,000 | 4,587,696 | ||||||
Ivory Coast Government International Bond |
1,630,000 | 1,066,734 | ||||||
Jordan Government International Bond |
5,480,000 | 5,172,846 | ||||||
Mexico Government International Bond |
4,280,000 | 4,146,488 | ||||||
Sovereign(Continued) | ||||||||
Panama Government International Bond |
2,700,000 | 1,821,753 | ||||||
Peruvian Government International Bond |
2,530,000 | 2,003,224 | ||||||
|
|
|||||||
50,024,334 | ||||||||
|
|
|||||||
Total Foreign Government |
65,003,673 | |||||||
|
|
|||||||
Convertible Preferred Stocks0.8% | ||||||||
Banks0.3% | ||||||||
Wells Fargo & Co., |
4,965 | 5,977,860 | ||||||
|
|
|||||||
Pipelines0.5% | ||||||||
MPLX L.P. |
329,615 | 11,924,210 | ||||||
|
|
|||||||
Total Convertible Preferred Stocks |
17,902,070 | |||||||
|
|
|||||||
Convertible Bonds0.6% | ||||||||
Airlines0.0% | ||||||||
Spirit Airlines, Inc. | ||||||||
1.000%, 05/15/26 |
43,000 | 36,615 | ||||||
Entertainment0.2% | ||||||||
DraftKings, Inc. | ||||||||
Zero Coupon, 03/15/28 |
7,270,000 | 4,692,330 | ||||||
Leisure Time0.0% | ||||||||
Liberty TripAdvisor Holdings, Inc. | ||||||||
0.500%, 06/30/51 |
740,000 | 526,510 | ||||||
Media0.2% | ||||||||
Dish Network Corp. | ||||||||
3.375%, 08/15/26 |
7,320,000 | 5,036,160 | ||||||
Real Estate Investment Trusts0.2% | ||||||||
Apollo Commercial Real Estate Finance, Inc. | ||||||||
5.375%, 10/15/23 |
3,210,000 | 3,123,731 | ||||||
Blackstone Mortgage Trust, Inc. | ||||||||
5.500%, 03/15/27 |
110,000 | 93,569 | ||||||
|
|
|||||||
3,217,300 | ||||||||
|
|
|||||||
Total Convertible Bonds |
13,508,915 | |||||||
|
|
|||||||
Preferred Stocks0.2% | ||||||||
Capital Markets0.2% | ||||||||
B Riley Financial, Inc. | ||||||||
5.250%, 08/31/28 |
68,700 | 1,448,196 |
BHFTII-271
Table of Contents
Brighthouse Funds Trust II
Western Asset Management Strategic Bond Opportunities Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Preferred Stocks(Continued)
Security Description | Shares/ Principal Amount* |
Value | ||||||
Capital Markets(Continued) | ||||||||
B Riley Financial, Inc. | ||||||||
5.500%, 08/31/28 |
76,800 | $ | 1,836,288 | |||||
|
|
|||||||
Total Preferred Stocks |
3,284,484 | |||||||
|
|
|||||||
Common Stocks0.1% | ||||||||
Auto Components0.0% | ||||||||
Lear Corp. (a) |
399 | 47,756 | ||||||
|
|
|||||||
Chemicals0.0% | ||||||||
LyondellBasell Industries NV - Class A |
23 | 1,733 | ||||||
|
|
|||||||
Media0.0% | ||||||||
Cengage Learning, Inc. (k) |
10,995 | 131,940 | ||||||
|
|
|||||||
Oil, Gas & Consumable Fuels0.1% | ||||||||
Ascent CNR Corp. - Class A (k) |
1,399,556 | 27,991 | ||||||
Berry Corp. (a) |
170,615 | 1,279,613 | ||||||
|
|
|||||||
1,307,604 | ||||||||
|
|
|||||||
Total Common Stocks |
1,489,033 | |||||||
|
|
|||||||
Municipals0.0% | ||||||||
Virginia Housing Development Authority 6.000%, 06/25/34 (Cost $311,002) |
314,237 | 315,317 | ||||||
|
|
|||||||
Escrow Shares0.0% | ||||||||
Forest Products & Paper0.0% | ||||||||
Sino-Forest Corp. (e) (g) (k) |
1,246,000 | 0 | ||||||
Sino-Forest Corp. (e) (g) (k) |
500,000 | 0 | ||||||
|
|
|||||||
Total Escrow Shares |
0 | |||||||
|
|
|||||||
Short-Term Investment0.1% | ||||||||
Repurchase Agreement0.1% | ||||||||
Fixed Income Clearing Corp. |
1,575,948 | 1,575,948 | ||||||
|
|
|||||||
Total Short-Term Investments |
1,575,948 | |||||||
|
|
Securities Lending Reinvestments (l)18.9% |
| |||||||
Security Description | Principal Amount* |
Value | ||||||
Certificates of Deposit9.8% | ||||||||
Bank of Montreal (Chicago) | ||||||||
3.540%, FEDEFF PRV + 0.460%, 03/02/23 (b) |
5,000,000 | $ | 5,000,000 | |||||
Bank of Nova Scotia | ||||||||
3.210%, SOFR + 0.250%, 02/17/23 (b) |
5,000,000 | 4,997,699 | ||||||
3.470%, SOFR + 0.510%, 03/15/23 (b) |
5,000,000 | 5,000,000 | ||||||
3.520%, FEDEFF PRV + 0.440%, 01/09/23 (b) |
2,000,000 | 2,000,913 | ||||||
3.640%, SOFR + 0.680%, 08/16/23 (b) |
2,000,000 | 2,002,676 | ||||||
Barclays Bank plc | ||||||||
3.290%, SOFR + 0.330%, 10/20/22 (b) |
5,000,000 | 5,000,275 | ||||||
3.350%, SOFR + 0.370%, 03/21/23 (b) |
5,000,000 | 4,998,340 | ||||||
3.430%, SOFR + 0.450%, 10/07/22 (b) |
7,000,000 | 7,000,308 | ||||||
BNP Paribas S.A. | ||||||||
3.180%, SOFR + 0.220%, 11/17/22 (b) |
10,000,000 | 9,998,800 | ||||||
3.470%, SOFR + 0.510%, 03/15/23 (b) |
5,000,000 | 5,001,590 | ||||||
Canadian Imperial Bank of Commerce (NY) | ||||||||
3.210%, SOFR + 0.250%, 02/03/23 (b) |
10,000,000 | 9,999,082 | ||||||
3.460%, SOFR + 0.500%, 03/03/23 (b) |
12,000,000 | 12,008,597 | ||||||
Citibank N.A. |
||||||||
3.360%, SOFR + 0.380%, 03/27/23 (b) |
6,000,000 | 5,999,112 | ||||||
Commonwealth Bank of Australia |
||||||||
3.340%, SOFR + 0.380%, 03/30/23 (b) |
1,000,000 | 1,000,000 | ||||||
3.350%, SOFR + 0.390%, 11/17/22 (b) |
2,000,000 | 2,000,424 | ||||||
Credit Agricole Corp. & Investment Bank (NY) |
||||||||
3.690%, 12/21/22 |
3,000,000 | 3,000,474 | ||||||
Credit Agricole S.A. |
||||||||
3.450%, FEDEFF PRV + 0.370%, 11/18/22 (b) |
5,000,000 | 5,000,780 | ||||||
Credit Industriel et Commercial |
||||||||
3.340%, SOFR + 0.380%, 10/25/22 (b) |
5,000,000 | 5,000,585 | ||||||
3.390%, SOFR + 0.430%, 01/06/23 (b) |
4,000,000 | 4,001,836 | ||||||
Credit Industriel et Commercial (NY) |
||||||||
3.170%, SOFR + 0.210%, 11/08/22 (b) |
5,000,000 | 4,999,945 | ||||||
3.310%, SOFR + 0.350%, 10/12/22 (b) |
4,000,000 | 4,000,184 | ||||||
Credit Suisse (NY) |
||||||||
3.370%, FEDEFF PRV + 0.290%, 10/12/22 (b) |
1,000,000 | 1,000,026 | ||||||
3.370%, FEDEFF PRV + 0.290%, 10/17/22 (b) |
2,000,000 | 2,000,064 | ||||||
Mitsubishi UFJ Trust and Banking Corp. |
||||||||
3.520%, SOFR + 0.560%, 02/14/23 (b) |
6,000,000 | 6,005,370 | ||||||
Mizuho Bank, Ltd. |
||||||||
3.310%, SOFR + 0.330%, 10/11/22 (b) |
2,000,000 | 1,999,812 | ||||||
MUFG Bank Ltd. (NY) |
||||||||
3.490%, SOFR + 0.510%, 02/17/23 (b) |
5,000,000 | 5,004,335 | ||||||
National Australia Bank, Ltd. |
||||||||
3.360%, SOFR + 0.400%, 11/04/22 (b) |
2,000,000 | 2,000,000 | ||||||
Natixis S.A. |
||||||||
3.410%, SOFR + 0.450%, 06/21/23 (b) |
2,000,000 | 1,999,895 | ||||||
Natixis S.A. (New York) |
||||||||
3.460%, SOFR + 0.500%, 12/01/22 (b) |
3,000,000 | 3,001,338 | ||||||
3.460%, SOFR + 0.500%, 02/13/23 (b) |
2,000,000 | 2,001,586 | ||||||
Nordea Bank Abp (NY) |
||||||||
3.440%, SOFR + 0.460%, 02/13/23 (b) |
4,000,000 | 4,002,668 | ||||||
3.510%, SOFR + 0.550%, 02/21/23 (b) |
5,000,000 | 5,005,350 | ||||||
Norinchukin Bank |
||||||||
3.250%, SOFR + 0.270%, 11/21/22 (b) |
2,000,000 | 2,000,114 | ||||||
Oversea-Chinese Banking Corp., Ltd. |
||||||||
3.410%, SOFR + 0.430%, 12/06/22 (b) |
8,000,000 | 8,002,768 | ||||||
Rabobank (London) |
||||||||
3.510%, SOFR + 0.530%, 05/16/23 (b) |
4,000,000 | 4,000,000 |
BHFTII-272
Table of Contents
Brighthouse Funds Trust II
Western Asset Management Strategic Bond Opportunities Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Securities Lending Reinvestments (l)(Continued)
Security Description | Principal Amount* |
Value | ||||||
Certificates of Deposit(Continued) | ||||||||
Royal Bank of Canada |
||||||||
3.210%, SOFR + 0.250%, 01/11/23 (b) |
6,000,000 | $ | 6,000,714 | |||||
3.640%, FEDEFF PRV + 0.560%, 04/10/23 (b) |
2,000,000 | 2,001,958 | ||||||
Standard Chartered Bank (NY) |
||||||||
3.480%, FEDEFF PRV + 0.400%, 12/23/22 (b) |
2,000,000 | 2,000,508 | ||||||
3.610%, FEDEFF PRV + 0.530%, 01/17/23 (b) |
2,000,000 | 2,001,262 | ||||||
Sumitomo Mitsui Banking Corp. |
||||||||
3.360%, SOFR + 0.400%, 11/02/22 (b) |
5,000,000 | 5,001,140 | ||||||
3.370%, SOFR + 0.410%, 03/06/23 (b) |
5,000,000 | 5,001,110 | ||||||
Sumitomo Mitsui Trust Bank, Ltd. |
||||||||
Zero Coupon, 12/14/22 |
2,000,000 | 1,985,300 | ||||||
3.500%, SOFR + 0.540%, 01/10/23 (b) |
2,000,000 | 2,001,936 | ||||||
Svenska Handelsbanken AB |
||||||||
3.330%, SOFR + 0.350%, 10/13/22 (b) |
9,000,000 | 9,000,513 | ||||||
3.580%, SOFR + 0.600%, 04/12/23 (b) |
3,000,000 | 3,003,996 | ||||||
Toronto-Dominion Bank (The) |
||||||||
3.230%, SOFR + 0.250%, 02/09/23 (b) |
8,000,000 | 7,999,490 | ||||||
3.570%, FEDEFF PRV + 0.490%, 12/23/22 (b) |
5,000,000 | 5,002,300 | ||||||
Westpac Banking Corp. |
||||||||
3.190%, SOFR + 0.230%, 02/17/23 (b) |
7,000,000 | 6,997,830 | ||||||
3.510%, SOFR + 0.550%, 02/22/23 (b) |
2,000,000 | 2,001,916 | ||||||
|
|
|||||||
216,034,919 | ||||||||
|
|
|||||||
Commercial Paper0.9% | ||||||||
Australia & New Zealand Banking Group, Ltd. |
||||||||
3.380%, SOFR + 0.420%, 12/19/22 (b) |
5,000,000 | 5,001,745 | ||||||
Macquarie Bank Ltd. |
||||||||
3.420%, SOFR + 0.440%, 11/16/22 (b) |
4,000,000 | 4,001,088 | ||||||
3.560%, SOFR + 0.580%, 02/03/23 (b) |
5,000,000 | 5,004,690 | ||||||
Skandinaviska Enskilda Banken AB |
||||||||
3.370%, SOFR + 0.390%, 11/03/22 (b) |
5,000,000 | 5,000,800 | ||||||
|
|
|||||||
19,008,323 | ||||||||
|
|
|||||||
Repurchase Agreements7.0% | ||||||||
Citigroup Global Markets, Inc. |
3,000,000 | 3,000,000 | ||||||
National Bank Financial, Inc. |
4,000,000 | 4,000,000 | ||||||
National Bank of Canada |
45,000,000 | 45,000,000 | ||||||
Repurchase Agreements(Continued) | ||||||||
National Bank of Canada |
||||||||
Repurchase Agreement dated 09/30/22 at 3.200%, due on 10/07/22 with a maturity value of $32,019,911; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 5.500%, maturity dates ranging from 11/03/22 - 02/15/52, and various Common Stock with an aggregate market value of $35,073,602. |
32,000,000 | 32,000,000 | ||||||
Natixis S.A. (New York) |
44,285,143 | 44,285,143 | ||||||
NBC Global Finance, Ltd. |
400,000 | 400,000 | ||||||
Societe Generale |
3,000,000 | 3,000,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.070%, due on 10/03/22 with a maturity value of $1,600,409; collateralized by U.S. Treasury Obligations with rates ranging from 0.000% - 1.125%, maturity dates ranging from 03/09/23 - 05/15/40, and various Common Stock with an aggregate market value of $1,777,703. |
1,600,000 | 1,600,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.160%, due on 10/03/22 with a maturity value of $2,000,527; collateralized by various Common Stock with an aggregate market value of $2,224,902. |
2,000,000 | 2,000,000 | ||||||
Repurchase Agreement dated 09/30/22 at 3.170%, due on 10/07/22 with a maturity value of $10,606,534; collateralized by various Common Stock with an aggregate market value of $11,791,982. |
10,600,000 | 10,600,000 | ||||||
TD Prime Services LLC |
8,000,000 | 8,000,000 | ||||||
|
|
|||||||
153,885,143 | ||||||||
|
|
|||||||
Time Deposit0.9% | ||||||||
National Bank of Canada |
||||||||
3.120%, OBFR + 0.050%, 10/07/22 (b) |
20,000,000 | 20,000,000 | ||||||
|
|
|||||||
Mutual Funds0.3% | ||||||||
Dreyfus Treasury Obligations Cash Management Fund, Institutional Class |
2,000,000 | 2,000,000 |
BHFTII-273
Table of Contents
Brighthouse Funds Trust II
Western Asset Management Strategic Bond Opportunities Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Securities Lending Reinvestments (l)(Continued)
Security Description | Shares |
Value | ||||||
Mutual Funds(Continued) | ||||||||
HSBC U.S. Government Money Market Fund, Class I |
5,000,000 | $ | 5,000,000 | |||||
|
|
|||||||
7,000,000 | ||||||||
|
|
|||||||
Total Securities Lending Reinvestments |
415,928,385 | |||||||
|
|
|||||||
Total Purchased Options0.5% (n) |
11,643,341 | |||||||
Total Investments114.9% |
2,538,388,235 | |||||||
Unfunded Loan Commitments(0.0)% |
(591,972 | ) | ||||||
Net Investments114.8% |
2,537,796,263 | |||||||
Other assets and liabilities (net)(14.9)% |
(327,642,066 | ) | ||||||
|
|
|||||||
Net Assets100.0% | $ | 2,210,154,197 | ||||||
|
|
* | Principal and notional amounts stated in U.S. dollars unless otherwise noted. | |||
| Restricted securities are not registered under the Securities Act of 1933 and are subject to legal restrictions on resale. These securities generally may be resold in transactions exempt from registration or to the public if the securities are subsequently registered. Disposal of these securities may involve time-consuming negotiations and prompt sale at an acceptable price may be difficult. As of September 30, 2022, the market value of restricted securities was $12,390,618, which is 0.6% of net assets. See details shown in the Restricted Securities table that follows. | |||
(a) | All or a portion of the security was held on loan. As of September 30, 2022, the market value of securities loaned was $433,319,586 and the collateral received consisted of cash in the amount of $415,868,116 and non-cash collateral with a value of $35,077,120. The cash collateral investments are disclosed in the Schedule of Investments and categorized as Securities Lending Reinvestments. The non-cash collateral received consists of U.S. government securities that are held in safe-keeping by the lending agent, or a third-party custodian, and cannot be sold or repledged by the Portfolio. | |||
(b) | Variable or floating rate security. The stated rate represents the rate at September 30, 2022. Maturity date shown for callable securities reflects the earliest possible call date. For securities based on a published reference index and spread, the index and spread are indicated in the description above. For certain variable rate securities, the coupon rate is determined by the issuer/agent based on current market conditions. For certain asset- and mortgage-backed securities, the coupon rate may fluctuate based on changes of the underlying collateral or prepayments of principal. These securities do not indicate a reference index and spread in their description above. | |||
(c) | Payment-in-kind security for which part of the income earned may be paid as additional principal. | |||
(d) | Security is a step-up bond where coupon increases or steps up at a predetermined date. Rate shown is current coupon rate. | |||
(e) | Security was valued in good faith under procedures approved by the Board of Trustees. As of September 30, 2022, these securities represent 0.8% of net assets. | |||
(f) | Non-income producing; security is in default and/or issuer is in bankruptcy. | |||
(g) | Significant unobservable inputs were used in the valuation of this portfolio security; i.e. Level 3. | |||
(h) | Floating rate loans (Senior Loans) often require prepayments from excess cash flows or permit the borrowers to repay at their election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, Senior Loans will generally have an expected average life of approximately two to four years. Senior Loans typically have rates of interest which are determined periodically by reference to a base lending rate, plus a spread. These base rates are primarily the London Interbank Offered Rate and secondarily, the prime rate offered by one or more major United States banks. Base lending rates may be subject to a floor, or a minimum rate. | |||
(i) | Unfunded or partially unfunded loan commitments. The Portfolio may enter into certain credit agreements for which all or a portion may be unfunded. The Portfolio is obligated to fund these commitments at the borrowers discretion. | |||
(j) | Interest only security. | |||
(k) | Non-income producing security. | |||
(l) | Represents investment of cash collateral received from securities on loan as of September 30, 2022. | |||
(m) | The rate shown represents the annualized seven-day yield as of September 30, 2022. | |||
(n) | For a breakout of open positions, see details shown in the Purchased Options table that follows. | |||
(144A) | Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of September 30, 2022, the market value of 144A securities was $1,080,537,753, which is 48.9% of net assets. |
Restricted Securities |
Acquisition Date |
Principal Amount |
Cost | Value | ||||||||||||
Countrywide Home Loan Reperforming Loan REMIC Trust, 3.752%, 03/25/35 |
01/08/15 | $ | 2,324,470 | $ | 338,501 | $ | 120,477 | |||||||||
Liberty Mutual Insurance Co., 7.697%, 10/15/97 |
06/08/11-05/30/12 | 2,600,000 | 2,522,519 | 2,946,627 | ||||||||||||
Massachusetts Mutual Life Insurance Co., 4.900%, 04/01/77 |
03/20/17-03/21/17 | 6,285,000 | 6,262,764 | 5,072,196 | ||||||||||||
Midwest Vanadium Pty, Ltd., 13.250%, 02/15/18 |
05/24/11 | 931,574 | 960,686 | 0 | ||||||||||||
Northwest Acquisitions ULC / Dominion Finco, Inc., 7.125%, 11/01/22 |
10/06/17-11/21/19 | 8,475,000 | 8,492,373 | 85 | ||||||||||||
Par Pharmaceutical, Inc., 7.500%, 04/01/27 |
05/31/22-06/09/22 | 3,240,000 | 2,496,783 | 2,559,661 | ||||||||||||
Teachers Insurance & Annuity Association of America, 6.850%, 12/16/39 |
05/19/16 | 216,000 | 280,623 | 235,199 | ||||||||||||
Uniquify, Inc., 6.000%, 06/15/24 |
06/28/21 | 1,505,000 | 1,505,000 | 1,456,373 | ||||||||||||
|
|
|||||||||||||||
$ | 12,390,618 | |||||||||||||||
|
|
BHFTII-274
Table of Contents
Brighthouse Funds Trust II
Western Asset Management Strategic Bond Opportunities Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Forward Foreign Currency Exchange Contracts
Contracts to Buy |
Counterparty |
Settlement Date |
In Exchange for |
Unrealized Appreciation/ (Depreciation) |
||||||||||||||||||
AUD | 45,656,204 | CBNA |
10/18/22 | USD | 31,278,563 | $ | (2,070,570 | ) | ||||||||||||||
CAD | 3,340,000 | CBNA |
10/18/22 | USD | 2,572,644 | (154,805 | ) | |||||||||||||||
CAD | 9,480,000 | CBNA |
10/18/22 | USD | 7,292,420 | (429,810 | ) | |||||||||||||||
CAD | 10,850,000 | CBNA |
10/18/22 | USD | 8,357,243 | (502,884 | ) | |||||||||||||||
CAD | 26,824,655 | CBNA |
10/18/22 | USD | 20,725,543 | (1,307,066 | ) | |||||||||||||||
CNH | 41,610,000 | JPMC |
10/18/22 | USD | 6,011,659 | (182,890 | ) | |||||||||||||||
CNH | 38,190,000 | MSCS |
10/18/22 | USD | 5,528,140 | (178,448 | ) | |||||||||||||||
CNY | 440,000 | JPMC |
10/18/22 | USD | 62,345 | (282 | ) | |||||||||||||||
CNY | 3,940,000 | JPMC |
10/18/22 | USD | 554,930 | 816 | ||||||||||||||||
CNY | 19,550,000 | JPMC |
10/18/22 | USD | 2,770,103 | (12,531 | ) | |||||||||||||||
EUR | 6,030,000 | CBNA |
10/18/22 | USD | 6,010,819 | (95,452 | ) | |||||||||||||||
EUR | 1,235,000 | MSCS |
10/18/22 | USD | 1,203,279 | 8,243 | ||||||||||||||||
EUR | 14,510,000 | MSCS |
10/18/22 | USD | 14,470,888 | (236,731 | ) | |||||||||||||||
GBP | 2,040,000 | GSBU |
10/18/22 | USD | 2,413,467 | (135,018 | ) | |||||||||||||||
GBP | 2,040,000 | GSBU |
10/18/22 | USD | 2,406,557 | (128,108 | ) | |||||||||||||||
GBP | 4,080,000 | GSBU |
10/18/22 | USD | 4,813,890 | (256,991 | ) | |||||||||||||||
GBP | 7,010,000 | GSBU |
10/18/22 | USD | 8,261,902 | (432,525 | ) | |||||||||||||||
GBP | 4,330,000 | MSCS |
10/18/22 | USD | 5,053,740 | (217,620 | ) | |||||||||||||||
GBP | 5,140,000 | MSCS |
10/18/22 | USD | 6,044,524 | (303,725 | ) | |||||||||||||||
IDR | 18,003,110,000 | CBNA |
10/18/22 | USD | 1,210,863 | (29,080 | ) | |||||||||||||||
IDR | 161,985,690,000 | JPMC |
10/18/22 | USD | 10,678,028 | (44,758 | ) | |||||||||||||||
JPY | 5,324,898,649 | BNP |
10/18/22 | USD | 39,359,805 | (2,520,434 | ) | |||||||||||||||
JPY | 1,288,841,000 | GSBU |
10/18/22 | USD | 9,235,713 | (319,094 | ) | |||||||||||||||
MXN | 110,810,000 | GSBU |
10/18/22 | USD | 5,239,491 | 248,491 | ||||||||||||||||
MXN | 120,800,000 | GSBU |
10/18/22 | USD | 5,722,813 | 259,935 | ||||||||||||||||
MXN | 132,100,000 | GSBU |
10/18/22 | USD | 6,191,646 | 350,746 | ||||||||||||||||
MXN | 24,424,000 | MSCS |
10/18/22 | USD | 1,212,402 | (2,778 | ) | |||||||||||||||
MXN | 26,450,000 | MSCS |
10/18/22 | USD | 1,274,722 | 35,242 | ||||||||||||||||
MXN | 27,460,000 | MSCS |
10/18/22 | USD | 1,320,055 | 39,931 | ||||||||||||||||
MXN | 27,830,000 | MSCS |
10/18/22 | USD | 1,339,540 | 38,770 | ||||||||||||||||
MXN | 29,211,000 | MSCS |
10/18/22 | USD | 1,391,946 | 54,759 | ||||||||||||||||
MXN | 32,576,000 | MSCS |
10/18/22 | USD | 1,617,400 | (4,039 | ) | |||||||||||||||
MXN | 35,435,000 | MSCS |
10/18/22 | USD | 1,716,230 | 38,726 | ||||||||||||||||
MXN | 50,520,000 | MSCS |
10/18/22 | USD | 2,405,835 | 96,222 | ||||||||||||||||
MXN | 72,520,000 | MSCS |
10/18/22 | USD | 3,486,155 | 105,475 | ||||||||||||||||
MXN | 73,010,000 | MSCS |
10/18/22 | USD | 3,433,466 | 182,431 | ||||||||||||||||
NOK | 430,519,976 | MSCS |
10/18/22 | USD | 42,699,301 | (3,158,892 | ) | |||||||||||||||
Contracts to Deliver |
||||||||||||||||||||||
AUD | 13,930,800 | CBNA |
10/18/22 | USD | 9,614,899 | 702,841 | ||||||||||||||||
BRL | 4,066,794 | GSBU |
10/18/22 | USD | 725,332 | (25,915 | ) | |||||||||||||||
CAD | 3,020,970 | MSCS |
10/11/22 | USD | 2,366,975 | 180,031 | ||||||||||||||||
CAD | 4,412,880 | CBNA |
10/12/22 | USD | 3,455,905 | 261,339 | ||||||||||||||||
CAD | 1,498,070 | CBNA |
10/12/22 | USD | 1,175,676 | 91,195 | ||||||||||||||||
CAD | 1,397,660 | CBNA |
10/12/22 | USD | 1,095,517 | 83,724 | ||||||||||||||||
CAD | 4,468,400 | GSBU |
10/17/22 | USD | 3,490,937 | 256,234 | ||||||||||||||||
CNH | 79,800,000 | CBNA |
10/18/22 | USD | 11,779,507 | 601,046 | ||||||||||||||||
CNY | 13,210,000 | CBNA |
10/18/22 | USD | 1,967,824 | 104,523 | ||||||||||||||||
CNY | 10,220,000 | CBNA |
10/18/22 | USD | 1,524,827 | 83,273 | ||||||||||||||||
CNY | 2,640,000 | CBNA |
10/18/22 | USD | 393,267 | 20,889 | ||||||||||||||||
CNY | 19,550,000 | JPMC |
01/18/23 | USD | 2,759,935 | (9,985 | ) | |||||||||||||||
CNY | 3,940,000 | JPMC |
01/18/23 | USD | 553,643 | (4,592 | ) | |||||||||||||||
CNY | 440,000 | JPMC |
01/18/23 | USD | 62,116 | (225 | ) | |||||||||||||||
EUR | 30,868,974 | BNP |
10/18/22 | USD | 31,292,778 | 1,010,638 |
BHFTII-275
Table of Contents
Brighthouse Funds Trust II
Western Asset Management Strategic Bond Opportunities Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Forward Foreign Currency Exchange Contracts(Continued)
Contracts to Deliver |
Counterparty |
Settlement Date |
In Exchange for |
Unrealized Appreciation/ (Depreciation) |
||||||||||||||||||
EUR | 6,190,000 | BNP |
10/18/22 | USD | 6,290,011 | $ | 217,686 | |||||||||||||||
EUR | 6,190,000 | BNP |
10/18/22 | USD | 6,272,965 | 200,640 | ||||||||||||||||
EUR | 4,890,000 | CBNA |
10/18/22 | USD | 4,908,205 | 111,167 | ||||||||||||||||
GBP | 43,884,930 | GSBU |
10/18/22 | USD | 52,902,405 | 3,887,901 | ||||||||||||||||
GBP | 6,240,000 | GSBU |
10/18/22 | USD | 6,965,159 | (4,215 | ) | |||||||||||||||
GBP | 3,040,000 | GSBU |
10/18/22 | USD | 3,364,297 | (31,040 | ) | |||||||||||||||
GBP | 2,388,000 | GSBU |
10/18/22 | USD | 2,549,781 | (117,345 | ) | |||||||||||||||
GBP | 3,550,000 | MSCS |
10/18/22 | USD | 4,162,063 | 197,115 | ||||||||||||||||
IDR | 153,236,770,000 | CBNA |
10/18/22 | USD | 10,142,085 | 83,123 | ||||||||||||||||
IDR | 122,739,754,172 | MSCS |
10/18/22 | USD | 8,170,667 | 113,628 | ||||||||||||||||
IDR | 161,985,690,000 | JPMC |
01/18/23 | USD | 10,618,531 | 17,836 | ||||||||||||||||
INR | 2,000 | JPMC |
10/18/22 | USD | 25 | 1 | ||||||||||||||||
JPY | 483,930,000 | BNP |
10/18/22 | USD | 3,713,473 | 365,489 | ||||||||||||||||
JPY | 236,483,000 | GSBU |
10/18/22 | USD | 1,644,411 | 8,345 | ||||||||||||||||
JPY | 1,218,190,000 | MSCS |
10/18/22 | USD | 8,631,520 | 203,688 | ||||||||||||||||
MXN | 183,353,394 | CBNA |
10/17/22 | USD | 8,692,000 | (390,454 | ) | |||||||||||||||
MXN | 240,638,332 | MSCS |
10/18/22 | USD | 11,461,643 | (456,225 | ) | |||||||||||||||
MXN | 79,370,000 | MSCS |
10/18/22 | USD | 3,876,665 | (54,218 | ) | |||||||||||||||
MXN | 75,690,000 | MSCS |
10/18/22 | USD | 3,756,514 | 7,887 | ||||||||||||||||
MXN | 75,300,000 | MSCS |
10/18/22 | USD | 3,709,725 | (19,587 | ) | |||||||||||||||
MXN | 74,200,000 | MSCS |
10/18/22 | USD | 3,590,995 | (83,838 | ) | |||||||||||||||
MXN | 67,910,000 | MSCS |
10/18/22 | USD | 3,287,645 | (75,670 | ) | |||||||||||||||
MXN | 61,920,000 | MSCS |
10/18/22 | USD | 2,936,783 | (129,870 | ) | |||||||||||||||
MXN | 53,960,000 | MSCS |
10/18/22 | USD | 2,636,697 | (35,729 | ) | |||||||||||||||
MXN | 51,700,000 | MSCS |
10/18/22 | USD | 2,510,931 | (49,566 | ) | |||||||||||||||
MXN | 49,470,000 | MSCS |
10/18/22 | USD | 2,394,881 | (55,173 | ) | |||||||||||||||
MXN | 42,633,000 | MSCS |
10/18/22 | USD | 2,106,748 | (4,696 | ) | |||||||||||||||
MXN | 32,810,000 | MSCS |
10/18/22 | USD | 1,613,373 | (11,577 | ) | |||||||||||||||
MXN | 28,640,000 | MSCS |
10/18/22 | USD | 1,400,818 | (17,608 | ) | |||||||||||||||
MXN | 28,590,000 | MSCS |
10/18/22 | USD | 1,421,391 | 5,441 | ||||||||||||||||
MXN | 27,387,000 | MSCS |
10/18/22 | USD | 1,357,364 | 994 | ||||||||||||||||
MXN | 25,381,000 | MSCS |
10/18/22 | USD | 1,254,287 | (2,734 | ) | |||||||||||||||
MXN | 18,150,000 | MSCS |
10/18/22 | USD | 866,555 | (32,343 | ) | |||||||||||||||
MXN | 11,630,062 | MSCS |
10/18/22 | USD | 555,904 | (20,087 | ) | |||||||||||||||
NOK | 94,870,526 | BNP |
10/18/22 | USD | 9,529,124 | 815,894 | ||||||||||||||||
NZD | 2,981,769 | CBNA |
10/18/22 | USD | 1,827,373 | 158,537 | ||||||||||||||||
|
|
|||||||||||||||||||||
Net Unrealized Depreciation |
|
$ | (3,106,331 | ) | ||||||||||||||||||
|
|
Futures Contracts
Futures ContractsLong |
Expiration Date |
Number of Contracts |
Notional Value |
Value/ Unrealized Appreciation/ (Depreciation) |
||||||||||||||||
3 Month SOFR Futures |
09/19/23 | 17 | USD | 4,063,638 | $ | (40,411 | ) | |||||||||||||
90 Day Euro Dollar Futures |
12/18/23 | 3,726 | USD | 889,675,650 | (18,141,825 | ) | ||||||||||||||
90 Day Euro Dollar Futures |
12/19/22 | 1,175 | USD | 279,973,125 | (7,333,180 | ) | ||||||||||||||
Australian 10 Year Treasury Bond Futures |
12/15/22 | 202 | AUD | 23,657,531 | (416,977 | ) | ||||||||||||||
U.S. Treasury Note 10 Year Futures |
12/20/22 | 634 | USD | 71,047,625 | (1,464,253 | ) | ||||||||||||||
U.S. Treasury Note 2 Year Futures |
12/30/22 | 2,821 | USD | 579,406,956 | (9,289,463 | ) | ||||||||||||||
U.S. Treasury Note 5 Year Futures |
12/30/22 | 299 | USD | 32,144,836 | (1,115,124 | ) | ||||||||||||||
U.S. Treasury Note Ultra 10 Year Futures |
12/20/22 | 612 | USD | 72,512,438 | (3,626,192 | ) | ||||||||||||||
U.S. Treasury Ultra Long Bond Futures |
12/20/22 | 2,565 | USD | 351,405,000 | (31,553,764 | ) | ||||||||||||||
United Kingdom Long Gilt Bond Futures |
12/28/22 | 318 | GBP | 30,655,200 | (4,885,396 | ) | ||||||||||||||
Futures ContractsShort |
||||||||||||||||||||
Euro-Buxl 30 Year Bond Futures |
12/08/22 | (25 | ) | EUR | (3,666,000 | ) | 336,010 | |||||||||||||
U.S. Treasury Long Bond Futures |
12/20/22 | (14 | ) | USD | (1,769,688 | ) | 150,257 | |||||||||||||
|
|
|||||||||||||||||||
Net Unrealized Depreciation |
|
$ | (77,380,318 | ) | ||||||||||||||||
|
|
BHFTII-276
Table of Contents
Brighthouse Funds Trust II
Western Asset Management Strategic Bond Opportunities Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Purchased Options
Foreign Currency Options |
Strike Price |
Counterparty | Expiration Date |
Number of |
Notional Amount |
Premiums Paid |
Market Value |
Unrealized Appreciation/ (Depreciation) |
||||||||||||||||||||||||||||
USD Call/GBP Put |
GBP | 1.190 | MSCS | 10/07/22 | 25,000,000 | USD | 25,000,000 | $ | 279,950 | $ | 1,548,550 | $ | 1,268,600 | |||||||||||||||||||||||
USD Put/CAD Call |
CAD | 1.267 | MSCS | 10/07/22 | 5,511,000 | USD | 5,511,000 | 40,440 | 6 | (40,434 | ) | |||||||||||||||||||||||||
USD Put/CAD Call |
CAD | 1.268 | CGM | 10/11/22 | 8,037,000 | USD | 8,037,000 | 61,081 | 8 | (61,073 | ) | |||||||||||||||||||||||||
USD Put/CAD Call |
CAD | 1.265 | CGM | 10/11/22 | 2,672,000 | USD | 2,672,000 | 20,200 | 2 | (20,198 | ) | |||||||||||||||||||||||||
USD Put/CAD Call |
CAD | 1.267 | CGM | 10/11/22 | 2,672,000 | USD | 2,672,000 | 20,296 | 2 | (20,294 | ) | |||||||||||||||||||||||||
USD Put/CAD Call |
CAD | 1.270 | GSC | 10/14/22 | 8,150,000 | USD | 8,150,000 | 61,590 | 33 | (61,557 | ) | |||||||||||||||||||||||||
USD Put/MXN Call |
MXN | 20.623 | CGM | 10/13/22 | 21,200,000 | USD | 21,200,000 | 321,392 | 565,277 | 243,885 | ||||||||||||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||||||||||||||
Totals |
|
$ | 804,949 | $ | 2,113,878 | $ | 1,308,929 | |||||||||||||||||||||||||||||
|
|
|
|
|
|
Options on Exchange-Traded Futures Contracts |
Strike Price |
Expiration Date |
Number of Contracts |
Notional Amount |
Premiums Paid |
Market Value |
Unrealized Appreciation/ (Depreciation) |
|||||||||||||||||||||||||||||
Call - Eurodollar Futures |
USD | 99.000 | 12/18/23 | 48 | USD | 120,000 | $ | 11,501 | $ | 5,700 | $ | (5,801 | ) | |||||||||||||||||||||||
Put - S&P 500 Index E-Mini Futures |
USD | 3,600.000 | 10/21/22 | 137 | USD | 6,850 | 258,388 | 695,275 | 436,887 | |||||||||||||||||||||||||||
Put - S&P 500 Index E-Mini Futures |
USD | 3,500.000 | 11/18/22 | 139 | USD | 6,950 | 462,467 | 762,763 | 300,296 | |||||||||||||||||||||||||||
Put - S&P 500 Index E-Mini Futures |
USD | 3,400.000 | 11/18/22 | 182 | USD | 9,100 | 676,057 | 728,000 | 51,943 | |||||||||||||||||||||||||||
Put - S&P 500 Index E-Mini Futures |
USD | 3,700.000 | 12/16/22 | 524 | USD | 26,200 | 2,665,213 | 5,921,200 | 3,255,987 | |||||||||||||||||||||||||||
Put - S&P 500 Index E-Mini Futures |
USD | 3,500.000 | 12/16/22 | 202 | USD | 10,100 | 1,025,549 | 1,416,525 | 390,976 | |||||||||||||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||||||||||||||
Totals |
|
$ | 5,099,175 | $ | 9,529,463 | $ | 4,430,288 | |||||||||||||||||||||||||||||
|
|
|
|
|
|
Written Options
Foreign Currency Options |
Strike Price |
Counterparty | Expiration Date |
Number of Contracts |
Notional Amount |
Premiums Received |
Market Value |
Unrealized Appreciation/ (Depreciation) |
||||||||||||||||||||||||||||||
USD Call/GBP Put |
GBP | 1.150 | MSCS | 10/07/22 | (50,000,000 | ) | USD | (50,000,000 | ) | $ | (214,850 | ) | $ | (1,566,650 | ) | $ | (1,351,800 | ) | ||||||||||||||||||||
|
|
|
|
|
|
Options on Exchange-Traded Futures Contracts |
Strike Price |
Expiration Date |
Number of Contracts |
Notional Amount |
Premiums Received |
Market Value |
Unrealized Appreciation/ (Depreciation) |
|||||||||||||||||||||||||||||
Call - Eurodollar Futures |
USD | 96.500 | 12/19/22 | (479 | ) | USD | (1,197,500 | ) | $ | (316,332 | ) | $ | (29,938 | ) | $ | 286,394 | ||||||||||||||||||||
Put - S&P 500 Index E-Mini Futures |
USD | 3,300.000 | 10/21/22 | (137 | ) | USD | (6,850 | ) | (176,100 | ) | (154,125 | ) | 21,975 | |||||||||||||||||||||||
Put - S&P 500 Index E-Mini Futures |
USD | 3,300.000 | 12/16/22 | (386 | ) | USD | (19,300 | ) | (862,852 | ) | (1,616,375 | ) | (753,523 | ) | ||||||||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||||||||||||||
Totals |
|
$ | (1,355,284 | ) | $ | (1,800,438 | ) | $ | (445,154 | ) | ||||||||||||||||||||||||||
|
|
|
|
|
|
Swap Agreements
Centrally Cleared Interest Rate Swaps
Pay/Receive Floating Rate |
Floating Rate Index |
Payment Frequency |
Fixed Rate |
Payment Frequency |
Maturity Date |
Notional Amount |
Market Value |
Upfront Premiums Paid/(Received) |
Unrealized Appreciation/ (Depreciation) |
|||||||||||||||||||||||||||
Pay |
28-Day TIIE | Monthly | 7.440% | Monthly | 07/20/29 | MXN | 1,162,650,000 | $ | (5,209,116 | ) | $ | 414,273 | $ | (5,623,389 | ) | |||||||||||||||||||||
Pay |
28-Day TIIE | Monthly | 7.450% | Monthly | 07/18/29 | MXN | 1,118,490,000 | (4,981,396 | ) | 328,757 | (5,310,153 | ) | ||||||||||||||||||||||||
Pay |
CPURNSA | Annually | 3.370% | Annually | 11/18/26 | USD | 38,410,000 | (466,984 | ) | 339,255 | (806,239 | ) | ||||||||||||||||||||||||
Receive |
CPURNSA | Annually | 3.970% | Annually | 11/18/23 | USD | 38,410,000 | 1,061,633 | (81,425 | ) | 1,143,058 | |||||||||||||||||||||||||
Receive |
SOFR | Annually | 1.520% | Annually | 11/20/26 | USD | 43,650,000 | 2,589,360 | (74,826 | ) | 2,664,186 | |||||||||||||||||||||||||
Receive |
SOFR | Annually | 2.510% | Annually | 02/15/48 | USD | 11,792,000 | 1,374,137 | 214,341 | 1,159,796 | ||||||||||||||||||||||||||
Receive |
SOFR | Annually | 2.620% | Annually | 02/15/48 | USD | 10,680,000 | 1,045,505 | (2,091 | ) | 1,047,596 | |||||||||||||||||||||||||
Receive |
SOFR | Annually | 2.650% | Annually | 08/15/47 | USD | 29,594,000 | 2,794,002 | 339,837 | 2,454,165 | ||||||||||||||||||||||||||
Receive |
SOFR | Annually | 3.050% | Annually | 02/15/48 | USD | 10,150,000 | 241,737 | 312,888 | (71,151 | ) | |||||||||||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||||||||||||||
Totals |
|
$ | (1,551,122 | ) | $ | 1,791,009 | $ | (3,342,131 | ) | |||||||||||||||||||||||||||
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|
|
|
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BHFTII-277
Table of Contents
Brighthouse Funds Trust II
Western Asset Management Strategic Bond Opportunities Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Centrally Cleared Credit Default Swaps on Credit Indices and Corporate IssuesBuy Protection (a)
Reference Obligation |
Fixed Deal (Pay) Rate |
Payment Frequency |
Maturity Date |
Implied Credit Spread at September 30, 2022(b) |
Notional Amount(c) |
Market Value |
Upfront Premiums Paid/(Received) |
Unrealized Appreciation/ (Depreciation) |
||||||||||||||||||||||||
CDX.NA.HY.39 |
(5.000%) | Quarterly | 12/20/27 | 6.087 | % | USD | 33,959,100 | $ | 1,423,396 | $ | 1,389,215 | $ | 34,181 | |||||||||||||||||||
General Motors Co., 4.875%, due 10/02/23 |
(5.000%) | Quarterly | 06/20/26 | 2.077 | % | USD | 13,700,000 | (1,312,953 | ) | (1,988,867 | ) | 675,914 | ||||||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||||||||||
Totals |
|
$ | 110,443 | $ | (599,652 | ) | $ | 710,095 | ||||||||||||||||||||||||
|
|
|
|
|
|
Centrally Cleared Credit Default Swaps on Corporate IssuesSell Protection (d)
Reference Obligation |
Fixed Deal Receive Rate |
Payment Frequency |
Maturity Date |
Implied Credit Spread at September 30, 2022(b) |
Notional Amount(c) |
Market Value |
Upfront Premiums Paid/(Received) |
Unrealized Appreciation/ (Depreciation) |
||||||||||||||||||||||||
Ford Motor Co., 4.346%, due 12/08/26 |
5.000% | Quarterly | 06/20/26 | 3.811 | % | USD | 13,700,000 | $ | 507,626 | $ | 1,479,751 | $ | (972,125 | ) | ||||||||||||||||||
|
|
|
|
|
|
OTC Credit Default Swaps on Corporate IssuesBuy Protection (a)
Reference Obligation |
Fixed Deal (Pay) Rate |
Payment Frequency |
Maturity Date |
Counterparty | Implied Credit Spread at September 30, 2022(b) |
Notional Amount(c) |
Market Value |
Upfront Premium Paid/(Received) |
Unrealized Appreciation/ (Depreciation) |
|||||||||||||||||||||||||||
Daimler AG 1.400%, due 01/12/24 |
(1.000%) | Quarterly | 12/20/24 | MSCS | 0.870 | % | EUR | 11,300,000 | $ | (31,049 | ) | $ | (115,256 | ) | $ | 84,207 | ||||||||||||||||||||
|
|
|
|
|
|
OTC Credit Default Swaps on Corporate IssuesSell Protection (d)
Reference Obligation |
Fixed Deal Receive Rate |
Payment Frequency |
Maturity Date |
Counterparty | Implied Credit Spread at September 30, 2022(b) |
Notional Amount(c) |
Market Value |
Upfront Premium Paid/(Received) |
Unrealized Appreciation/ (Depreciation) |
|||||||||||||||||||||||||||
Volkswagen International Finance NV 0.875%, due 01/16/23 |
1.000% | Quarterly | 12/20/24 | MSCS | 1.381 | % | EUR | 11,300,000 | $ | (90,208 | ) | $ | 60,411 | $ | (150,619 | ) | ||||||||||||||||||||
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|
|
|
|
(a) | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | |||
(b) | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues or indices as of period end serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entitys credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. A credit spread identified as Defaulted indicates a credit event has occurred for the referenced entity or obligation. | |||
(c) | The maximum potential amount of future undiscounted payments that the Portfolio could be required to make under a credit default swap contract would be the notional amount of the contract. These potential amounts would be partially offset by any recovery values of the referenced debt obligation or net amounts received from the settlement of purchased protection credit default swap contracts entered into by the Portfolio for the same referenced debt obligation. | |||
(d) | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
Securities in the amount of $532,966 have been received at the custodian bank as collateral for forward foreign currency exchange contracts, OTC swap contracts and OTC option contracts.
Glossary of Abbreviations
Counterparties
(BNP) | BNP Paribas S.A. | |||
(CBNA) | Citibank N.A. | |||
(CGM) | Citigroup Global Markets, Inc. | |||
(GSBU) | Goldman Sachs Bank USA | |||
(GSC) | Goldman Sachs & Co. | |||
(JPMC) | JPMorgan Chase Bank N.A. | |||
(MSCS) | Morgan Stanley Capital Services LLC |
BHFTII-278
Table of Contents
Brighthouse Funds Trust II
Western Asset Management Strategic Bond Opportunities Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Glossary of Abbreviations(Continued)
Currencies
(AUD) | Australian Dollar | |||
(BRL) | Brazilian Real | |||
(CAD) | Canadian Dollar | |||
(CNH) | Chinese Renminbi | |||
(CNY) | Chinese Yuan | |||
(EUR) | Euro | |||
(GBP) | British Pound | |||
(IDR) | Indonesian Rupiah | |||
(INR) | Indian Rupee | |||
(JPY) | Japanese Yen | |||
(MXN) | Mexican Peso | |||
(NOK) | Norwegian Krone | |||
(NZD) | New Zealand Dollar | |||
(RUB) | Russian Ruble | |||
(USD) | United States Dollar |
Index Abbreviations
(CDX.NA.HY) | Markit North America High Yield CDS Index | |||
(CPURNSA) | U.S. Consumer Price Index for All Urban Consumers Non-Seasonally Adjusted | |||
(EURIBOR) | Euro InterBank Offered Rate | |||
(FEDEFF PRV) | Effective Federal Funds Rate | |||
(H15) | U.S. Treasury Yield Curve Rate T-Note Constant Maturity Index | |||
(LIBOR) | London Interbank Offered Rate | |||
(MTA) | Monthly Treasury Average Index | |||
(OBFR) | U.S. Overnight Bank Funding Rate | |||
(SOFR) | Secured Overnight Financing Rate | |||
(SOFR30A) | Secured Overnight Financing Rate 30-Day Average | |||
(TIIE) | Mexican Interbank Equilibrium Interest Rate | |||
(TSFR) | Term Secured Financing Rate | |||
(UKG) | U.K. Government Bond |
Other Abbreviations
(CLO) | Collateralized Loan Obligation | |||
(CMO) | Collateralized Mortgage Obligation | |||
(DAC) | Designated Activity Company | |||
(ICE) | Intercontinental Exchange, Inc. | |||
(REMIC) | Real Estate Mortgage Investment Conduit | |||
(STACR) | Structured Agency Credit Risk |
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Total Corporate Bonds & Notes* |
$ | | $ | 1,003,885,965 | $ | | $ | 1,003,885,965 | ||||||||
Total Floating Rate Loans (Less Unfunded Loan Commitments of $591,972)* |
| 427,957,538 | | 427,957,538 | ||||||||||||
Total Mortgage-Backed Securities* |
| 210,047,112 | | 210,047,112 | ||||||||||||
Total Asset-Backed Securities* |
| 183,073,198 | | 183,073,198 | ||||||||||||
Total U.S. Treasury & Government Agencies* |
| 182,181,284 | | 182,181,284 | ||||||||||||
Total Foreign Government* |
| 65,003,673 | | 65,003,673 | ||||||||||||
Convertible Preferred Stocks | ||||||||||||||||
Banks |
5,977,860 | | | 5,977,860 | ||||||||||||
Pipelines |
| | 11,924,210 | 11,924,210 | ||||||||||||
Total Convertible Preferred Stocks |
5,977,860 | | 11,924,210 | 17,902,070 | ||||||||||||
Total Convertible Bonds* |
| 13,508,915 | | 13,508,915 | ||||||||||||
Total Preferred Stocks* |
3,284,484 | | | 3,284,484 |
BHFTII-279
Table of Contents
Brighthouse Funds Trust II
Western Asset Management Strategic Bond Opportunities Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Fair Value Hierarchy(Continued)
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | ||||||||||||||||
Auto Components |
$ | 47,756 | $ | | $ | | $ | 47,756 | ||||||||
Chemicals |
| 1,733 | | 1,733 | ||||||||||||
Media |
| 131,940 | | 131,940 | ||||||||||||
Oil, Gas & Consumable Fuels |
1,279,613 | 27,991 | | 1,307,604 | ||||||||||||
Total Common Stocks |
1,327,369 | 161,664 | | 1,489,033 | ||||||||||||
Total Municipals* |
| 315,317 | | 315,317 | ||||||||||||
Total Escrow Shares* |
| | 0 | 0 | ||||||||||||
Total Short-Term Investment* |
| 1,575,948 | | 1,575,948 | ||||||||||||
Securities Lending Reinvestments | ||||||||||||||||
Certificates of Deposit |
| 216,034,919 | | 216,034,919 | ||||||||||||
Commercial Paper |
| 19,008,323 | | 19,008,323 | ||||||||||||
Repurchase Agreements |
| 153,885,143 | | 153,885,143 | ||||||||||||
Time Deposit |
| 20,000,000 | | 20,000,000 | ||||||||||||
Mutual Funds |
7,000,000 | | | 7,000,000 | ||||||||||||
Total Securities Lending Reinvestments |
7,000,000 | 408,928,385 | | 415,928,385 | ||||||||||||
Purchased Options | ||||||||||||||||
Foreign Currency Options at Value |
| 2,113,878 | | 2,113,878 | ||||||||||||
Options on Exchange-Traded Futures Contracts at Value |
9,529,463 | | | 9,529,463 | ||||||||||||
Total Purchased Options |
9,529,463 | 2,113,878 | | 11,643,341 | ||||||||||||
Total Net Investments |
$ | 27,119,176 | $ | 2,498,752,877 | $ | 11,924,210 | $ | 2,537,796,263 | ||||||||
Collateral for Securities Loaned (Liability) |
$ | | $ | (415,868,116 | ) | $ | | $ | (415,868,116 | ) | ||||||
Forward Contracts | ||||||||||||||||
Forward Foreign Currency Exchange Contracts (Unrealized Appreciation) |
$ | | $ | 11,250,892 | $ | | $ | 11,250,892 | ||||||||
Forward Foreign Currency Exchange Contracts (Unrealized Depreciation) |
| (14,357,223 | ) | | (14,357,223 | ) | ||||||||||
Total Forward Contracts |
$ | | $ | (3,106,331 | ) | $ | | $ | (3,106,331 | ) | ||||||
Futures Contracts | ||||||||||||||||
Futures Contracts (Unrealized Appreciation) |
$ | 486,267 | $ | | $ | | $ | 486,267 | ||||||||
Futures Contracts (Unrealized Depreciation) |
(77,866,585 | ) | | | (77,866,585 | ) | ||||||||||
Total Futures Contracts |
$ | (77,380,318 | ) | $ | | $ | | $ | (77,380,318 | ) | ||||||
Written Options | ||||||||||||||||
Foreign Currency Options at Value |
$ | | $ | (1,566,650 | ) | $ | | $ | (1,566,650 | ) | ||||||
Options on Exchange-Traded Futures Contracts at Value |
(1,800,438 | ) | | | (1,800,438 | ) | ||||||||||
Total Written Options |
$ | (1,800,438 | ) | $ | (1,566,650 | ) | $ | | $ | (3,367,088 | ) | |||||
Centrally Cleared Swap Contracts | ||||||||||||||||
Centrally Cleared Swap Contracts (Unrealized Appreciation) |
$ | | $ | 9,178,896 | $ | | $ | 9,178,896 | ||||||||
Centrally Cleared Swap Contracts (Unrealized Depreciation) |
| (12,783,057 | ) | | (12,783,057 | ) | ||||||||||
Total Centrally Cleared Swap Contracts |
$ | | $ | (3,604,161 | ) | $ | | $ | (3,604,161 | ) | ||||||
OTC Swap Contracts | ||||||||||||||||
OTC Swap Contracts at Value (Liabilities) |
$ | | $ | (121,257 | ) | $ | | $ | (121,257 | ) |
* | See Schedule of Investments for additional detailed categorizations. |
Level 3 investments at the beginning and/or end of the period in relation to net assets were not significant and accordingly, a reconciliation of Level 3 assets for the period ended September 30, 2022 is not presented.
BHFTII-280
Table of Contents
Brighthouse Funds Trust II
Western Asset Management U.S. Government Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
U.S. Treasury & Government Agencies87.4% of Net Assets
Security Description | Principal Amount* |
Value | ||||||
Agency Sponsored Mortgage - Backed39.6% | ||||||||
Fannie Mae 20 Yr. Pool | ||||||||
2.000%, 11/01/41 |
4,289,303 | $ | 3,590,283 | |||||
2.000%, 12/01/41 |
188,853 | 158,076 | ||||||
2.500%, 10/01/40 |
5,865,420 | 5,060,200 | ||||||
2.500%, 03/01/41 |
516,935 | 446,204 | ||||||
2.500%, 04/01/41 |
1,751,652 | 1,509,737 | ||||||
2.500%, 05/01/41 |
1,930,088 | 1,662,390 | ||||||
2.500%, 04/01/42 |
3,008,458 | 2,576,324 | ||||||
3.000%, 07/01/35 |
472,111 | 432,437 | ||||||
3.000%, 02/01/36 |
736,511 | 673,289 | ||||||
3.000%, 04/01/36 |
555,002 | 507,354 | ||||||
3.000%, 07/01/36 |
1,160,192 | 1,069,121 | ||||||
3.000%, 08/01/36 |
6,072,140 | 5,595,533 | ||||||
3.000%, 10/01/36 |
2,407,140 | 2,218,179 | ||||||
3.000%, 12/01/36 |
1,983,957 | 1,828,224 | ||||||
3.000%, 12/01/37 |
444,400 | 401,338 | ||||||
3.000%, 06/01/38 |
615,598 | 567,493 | ||||||
3.000%, 05/01/42 |
6,491,705 | 5,765,055 | ||||||
3.500%, 12/01/34 |
137,941 | 129,482 | ||||||
3.500%, 01/01/35 |
95,407 | 89,556 | ||||||
3.500%, 02/01/37 |
158,959 | 148,433 | ||||||
3.500%, 03/01/37 |
108,174 | 101,623 | ||||||
3.500%, 12/01/37 |
174,252 | 162,693 | ||||||
3.500%, 08/01/39 |
167,980 | 156,912 | ||||||
3.500%, 02/01/40 |
675,277 | 628,545 | ||||||
3.500%, 06/01/42 |
2,473,656 | 2,276,734 | ||||||
4.500%, 11/01/31 |
237,613 | 229,587 | ||||||
4.500%, 12/01/31 |
287,786 | 278,069 | ||||||
Fannie Mae 30 Yr. Pool | ||||||||
2.000%, 08/01/50 |
149,366 | 121,843 | ||||||
2.000%, 09/01/50 |
226,441 | 184,891 | ||||||
2.000%, 10/01/50 |
1,385,833 | 1,130,087 | ||||||
2.000%, 12/01/50 |
2,874,187 | 2,339,034 | ||||||
2.000%, 01/01/51 |
7,351,895 | 5,997,890 | ||||||
2.000%, 02/01/51 |
7,519,935 | 6,135,688 | ||||||
2.000%, 03/01/51 |
11,624,816 | 9,483,880 | ||||||
2.000%, 04/01/51 |
7,695,566 | 6,268,815 | ||||||
2.000%, 05/01/51 |
9,211,229 | 7,495,777 | ||||||
2.000%, 07/01/51 |
275,184 | 223,880 | ||||||
2.000%, 08/01/51 |
1,018,305 | 829,220 | ||||||
2.000%, 10/01/51 |
746,337 | 607,079 | ||||||
2.000%, 11/01/51 |
1,150,124 | 935,529 | ||||||
2.000%, 01/01/52 |
2,405,077 | 1,954,468 | ||||||
2.000%, 02/01/52 |
2,800,564 | 2,275,244 | ||||||
2.000%, 03/01/52 |
1,652,621 | 1,347,555 | ||||||
2.500%, 06/01/50 |
472,939 | 400,421 | ||||||
2.500%, 09/01/50 |
887,309 | 750,592 | ||||||
2.500%, 10/01/50 |
2,100,387 | 1,784,807 | ||||||
2.500%, 11/01/50 |
810,109 | 686,340 | ||||||
2.500%, 12/01/50 |
239,328 | 203,506 | ||||||
2.500%, 01/01/51 |
343,411 | 291,186 | ||||||
2.500%, 02/01/51 |
2,039,998 | 1,728,747 | ||||||
2.500%, 03/01/51 |
5,856,536 | 4,911,423 | ||||||
2.500%, 04/01/51 |
1,194,336 | 1,012,167 | ||||||
2.500%, 05/01/51 |
2,383,996 | 2,025,187 | ||||||
2.500%, 06/01/51 |
2,921,857 | 2,473,738 | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Fannie Mae 30 Yr. Pool | ||||||||
2.500%, 07/01/51 |
2,978,388 | 2,532,816 | ||||||
2.500%, 08/01/51 |
918,977 | 777,596 | ||||||
2.500%, 09/01/51 |
5,228,015 | 4,431,101 | ||||||
2.500%, 10/01/51 |
6,362,165 | 5,371,193 | ||||||
2.500%, 11/01/51 |
1,565,863 | 1,330,836 | ||||||
2.500%, 12/01/51 |
7,157,576 | 6,060,254 | ||||||
2.500%, 01/01/52 |
3,334,270 | 2,825,984 | ||||||
2.500%, 02/01/52 |
10,194,872 | 8,591,215 | ||||||
2.500%, 03/01/52 |
3,550,727 | 2,992,756 | ||||||
2.500%, 04/01/52 |
386,279 | 325,925 | ||||||
3.000%, 09/01/42 |
1,280,620 | 1,148,587 | ||||||
3.000%, 06/01/43 |
177,019 | 158,364 | ||||||
3.000%, 07/01/43 |
433,495 | 387,933 | ||||||
3.000%, 10/01/43 |
423,945 | 379,143 | ||||||
3.000%, 01/01/45 |
370,538 | 332,316 | ||||||
3.000%, 08/01/46 |
393,189 | 350,142 | ||||||
3.000%, 09/01/46 |
1,240,937 | 1,105,045 | ||||||
3.000%, 10/01/46 |
567,903 | 504,512 | ||||||
3.000%, 02/01/47 |
90,060 | 80,292 | ||||||
3.000%, 08/01/47 |
43,268 | 38,515 | ||||||
3.000%, 11/01/48 |
3,892,123 | 3,462,536 | ||||||
3.000%, 01/01/50 |
1,060,110 | 931,255 | ||||||
3.000%, 02/01/50 |
12,700,503 | 11,279,233 | ||||||
3.000%, 03/01/50 |
7,144,572 | 6,322,485 | ||||||
3.000%, 08/01/50 |
916,743 | 804,694 | ||||||
3.000%, 11/01/50 |
865,121 | 763,669 | ||||||
3.000%, 05/01/51 |
676,582 | 593,860 | ||||||
3.000%, 06/01/51 |
584,521 | 515,866 | ||||||
3.000%, 08/01/51 |
2,146,538 | 1,901,735 | ||||||
3.000%, 09/01/51 |
1,043,624 | 914,821 | ||||||
3.000%, 10/01/51 |
2,171,391 | 1,904,112 | ||||||
3.000%, 11/01/51 |
2,761,099 | 2,434,544 | ||||||
3.000%, 12/01/51 |
847,901 | 749,995 | ||||||
3.000%, 01/01/52 |
3,489,075 | 3,071,546 | ||||||
3.000%, 02/01/52 |
1,255,074 | 1,102,312 | ||||||
3.000%, 03/01/52 |
6,737,070 | 5,954,295 | ||||||
3.000%, 04/01/52 |
585,939 | 511,464 | ||||||
3.500%, 12/01/42 |
168,904 | 155,202 | ||||||
3.500%, 03/01/43 |
1,060,669 | 978,139 | ||||||
3.500%, 08/01/44 |
282,636 | 259,741 | ||||||
3.500%, 02/01/45 |
167,361 | 153,725 | ||||||
3.500%, 12/01/46 |
1,728,397 | 1,591,309 | ||||||
3.500%, 03/01/47 |
142,613 | 130,495 | ||||||
3.500%, 06/01/49 |
10,655,745 | 9,745,255 | ||||||
3.500%, 03/01/50 |
176,497 | 160,439 | ||||||
3.500%, 07/01/51 |
4,858,061 | 4,597,109 | ||||||
3.500%, 09/01/51 |
150,026 | 135,744 | ||||||
3.500%, 12/01/51 |
731,804 | 660,596 | ||||||
3.500%, 01/01/52 |
1,335,014 | 1,211,629 | ||||||
3.500%, 03/01/52 |
1,835,003 | 1,662,440 | ||||||
3.500%, 04/01/52 |
4,841,056 | 4,374,327 | ||||||
3.500%, 05/01/52 |
6,176,874 | 5,591,682 | ||||||
4.000%, 02/01/40 |
325,793 | 308,185 | ||||||
4.000%, 06/01/42 |
2,799,849 | 2,668,720 | ||||||
4.000%, 07/01/42 |
748,007 | 713,582 |
BHFTII-281
Table of Contents
Brighthouse Funds Trust II
Western Asset Management U.S. Government Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
U.S. Treasury & Government Agencies(Continued)
Security Description | Principal Amount* |
Value | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Fannie Mae 30 Yr. Pool | ||||||||
4.000%, 05/01/43 |
6,177,866 | $ | 5,888,748 | |||||
4.000%, 10/01/43 |
3,035,216 | 2,884,337 | ||||||
4.000%, 09/01/44 |
477,901 | 454,190 | ||||||
4.000%, 05/01/48 |
3,727,056 | 3,521,989 | ||||||
4.000%, 10/01/48 |
2,040,632 | 1,927,836 | ||||||
4.000%, 07/01/50 |
501,381 | 471,551 | ||||||
4.000%, 05/01/52 |
1,277,588 | 1,191,290 | ||||||
4.000%, 06/01/52 |
3,830,689 | 3,570,506 | ||||||
4.000%, 07/01/52 |
6,129,097 | 5,702,004 | ||||||
4.500%, 10/01/41 |
1,826,139 | 1,786,824 | ||||||
4.500%, 10/01/44 |
589,651 | 577,702 | ||||||
4.500%, 01/01/45 |
48,360 | 47,377 | ||||||
4.500%, 05/01/46 |
377,885 | 370,236 | ||||||
4.500%, 06/01/47 |
176,920 | 171,892 | ||||||
4.500%, 07/01/47 |
681,380 | 659,580 | ||||||
4.500%, 08/01/47 |
40,626 | 39,065 | ||||||
4.500%, 06/01/48 |
238,875 | 232,283 | ||||||
4.500%, 07/01/48 |
507,500 | 494,895 | ||||||
4.500%, 08/01/48 |
828,032 | 803,886 | ||||||
4.500%, 11/01/48 |
448,955 | 434,990 | ||||||
4.500%, 02/01/49 |
172,398 | 166,800 | ||||||
4.500%, 08/01/49 |
182,537 | 176,996 | ||||||
4.500%, 09/01/49 |
2,683,442 | 2,604,790 | ||||||
4.500%, 11/01/49 |
672,621 | 655,093 | ||||||
4.500%, 03/01/50 |
467,806 | 451,407 | ||||||
4.500%, 04/01/50 |
135,745 | 130,002 | ||||||
4.500%, 06/01/52 |
878,725 | 839,482 | ||||||
4.500%, 07/01/52 |
5,597,906 | 5,349,185 | ||||||
5.000%, 07/01/33 |
79,359 | 78,741 | ||||||
5.000%, 09/01/33 |
97,179 | 97,621 | ||||||
5.000%, 10/01/35 |
276,315 | 277,772 | ||||||
5.000%, 03/01/36 |
424,335 | 427,671 | ||||||
5.000%, 01/01/39 |
3,694 | 3,724 | ||||||
5.000%, 12/01/39 |
6,166 | 6,195 | ||||||
5.000%, 05/01/40 |
15,204 | 15,041 | ||||||
5.000%, 07/01/40 |
11,935 | 12,028 | ||||||
5.000%, 11/01/40 |
295,970 | 298,306 | ||||||
5.000%, 01/01/41 |
29,469 | 29,056 | ||||||
5.000%, 02/01/41 |
23,521 | 22,950 | ||||||
5.000%, 04/01/41 |
29,659 | 29,749 | ||||||
5.000%, 05/01/41 |
733,308 | 737,573 | ||||||
5.000%, 06/01/41 |
66,368 | 66,824 | ||||||
5.000%, 07/01/41 |
596,014 | 600,673 | ||||||
6.000%, 04/01/33 |
35,159 | 36,817 | ||||||
6.000%, 02/01/34 |
5,710 | 5,900 | ||||||
6.000%, 11/01/35 |
54,774 | 57,554 | ||||||
6.000%, 08/01/37 |
130,748 | 137,363 | ||||||
6.500%, 03/01/26 |
312 | 323 | ||||||
6.500%, 04/01/29 |
33,790 | 34,824 | ||||||
7.000%, 02/01/29 |
291 | 291 | ||||||
7.000%, 01/01/30 |
1,448 | 1,452 | ||||||
7.000%, 10/01/37 |
2,655 | 2,660 | ||||||
7.000%, 11/01/37 |
12,607 | 12,707 | ||||||
7.000%, 12/01/37 |
7,398 | 7,521 | ||||||
7.000%, 02/01/38 |
2,648 | 2,663 | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Fannie Mae 30 Yr. Pool | ||||||||
7.000%, 11/01/38 |
27,179 | 28,367 | ||||||
7.000%, 02/01/39 |
367,136 | 395,828 | ||||||
8.000%, 05/01/28 |
264 | 263 | ||||||
8.000%, 07/01/32 |
664 | 682 | ||||||
Fannie Mae Interest Strip (CMO) | ||||||||
3.500%, 11/25/41 (a) |
658,200 | 103,183 | ||||||
4.000%, 04/25/42 (a) |
966,702 | 163,742 | ||||||
4.500%, 11/25/39 (a) |
549,183 | 112,170 | ||||||
Fannie Mae Pool | ||||||||
2.149%, 02/01/32 (b) |
438,623 | 362,170 | ||||||
2.500%, 10/01/50 |
469,163 | 386,485 | ||||||
2.500%, 05/01/51 |
485,126 | 399,331 | ||||||
2.500%, 01/01/52 |
489,021 | 400,699 | ||||||
2.500%, 09/01/61 |
5,642,958 | 4,739,835 | ||||||
2.930%, 06/01/30 |
153,163 | 138,945 | ||||||
3.250%, 05/01/29 |
97,951 | 91,396 | ||||||
3.450%, 03/01/29 |
96,186 | 90,867 | ||||||
3.500%, 08/01/42 |
3,017,995 | 2,780,927 | ||||||
3.500%, 09/01/42 |
214,985 | 198,090 | ||||||
3.500%, 10/01/42 |
1,513,243 | 1,393,506 | ||||||
4.000%, 10/01/42 |
836,387 | 792,042 | ||||||
4.000%, 11/01/42 |
575,439 | 544,827 | ||||||
4.000%, 07/01/43 |
21,612 | 20,460 | ||||||
4.000%, 08/01/43 |
538,826 | 510,162 | ||||||
4.500%, 08/01/58 |
867,910 | 839,608 | ||||||
4.500%, 01/01/59 |
1,767,937 | 1,710,221 | ||||||
6.500%, 12/01/27 |
1,237 | 1,236 | ||||||
6.500%, 05/01/32 |
4,223 | 4,302 | ||||||
Fannie Mae REMIC Trust (CMO) | ||||||||
3.874%, 01/25/43 (b) |
121,986 | 115,843 | ||||||
Fannie Mae REMICS (CMO) | ||||||||
Zero Coupon, 03/25/42 (c) |
167,855 | 147,099 | ||||||
3.066%, -1x 1M LIBOR + 6.150%, 03/25/42 (a) (b) |
2,730,438 | 142,447 | ||||||
3.066%, -1x 1M LIBOR + 6.150%, 12/25/42 (a) (b) |
273,690 | 25,984 | ||||||
3.466%, -1x 1M LIBOR + 6.550%, 10/25/41 (a) (b) |
1,805,191 | 129,134 | ||||||
3.566%, -1x 1M LIBOR + 6.650%, 03/25/42 (a) (b) |
660,229 | 44,806 | ||||||
5.500%, 07/25/41 |
3,231,199 | 3,305,465 | ||||||
5.500%, 04/25/42 |
742,331 | 758,390 | ||||||
6.000%, 05/25/42 |
423,997 | 442,953 | ||||||
6.500%, 06/25/39 |
20,770 | 21,301 | ||||||
6.500%, 07/25/42 |
837,503 | 889,127 | ||||||
Fannie Mae-ACES | ||||||||
2.232%, 02/25/27 |
654,944 | 606,694 | ||||||
3.061%, 05/25/27 (b) |
184,449 | 173,779 | ||||||
Freddie Mac 15 Yr. Pool | ||||||||
3.000%, 09/01/32 |
206,858 | 192,786 | ||||||
3.500%, 04/01/33 |
1,920,967 | 1,821,313 | ||||||
Freddie Mac 20 Yr. Gold Pool | ||||||||
3.000%, 04/01/38 |
382,755 | 345,878 | ||||||
Freddie Mac 20 Yr. Pool | ||||||||
1.500%, 10/01/41 |
742,528 | 593,538 | ||||||
1.500%, 11/01/41 |
94,171 | 75,275 | ||||||
2.000%, 09/01/41 |
3,000,537 | 2,511,548 | ||||||
2.000%, 01/01/42 |
5,061,772 | 4,236,781 | ||||||
2.500%, 04/01/41 |
165,458 | 142,713 |
BHFTII-282
Table of Contents
Brighthouse Funds Trust II
Western Asset Management U.S. Government Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
U.S. Treasury & Government Agencies(Continued)
Security Description | Principal Amount* |
Value | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Freddie Mac 20 Yr. Pool | ||||||||
3.500%, 01/01/38 |
2,071,700 | $ | 1,922,381 | |||||
Freddie Mac 30 Yr. Gold Pool | ||||||||
3.000%, 04/01/47 |
493,721 | 438,878 | ||||||
3.500%, 06/01/46 |
281,197 | 258,564 | ||||||
4.000%, 07/01/43 |
1,810,279 | 1,722,701 | ||||||
4.000%, 08/01/43 |
1,564,162 | 1,487,691 | ||||||
4.500%, 06/01/38 |
549,025 | 537,630 | ||||||
4.500%, 04/01/47 |
300,211 | 289,796 | ||||||
4.500%, 05/01/47 |
250,516 | 242,875 | ||||||
4.500%, 06/01/47 |
468,351 | 452,485 | ||||||
4.500%, 04/01/49 |
251,910 | 244,731 | ||||||
5.000%, 08/01/33 |
8,934 | 9,000 | ||||||
5.000%, 01/01/40 |
8,048 | 8,026 | ||||||
5.000%, 04/01/41 |
9,521 | 9,607 | ||||||
5.000%, 04/01/44 |
17,348 | 17,352 | ||||||
6.500%, 09/01/39 |
98,876 | 102,192 | ||||||
8.000%, 09/01/30 |
1,497 | 1,565 | ||||||
Freddie Mac 30 Yr. Pool | ||||||||
2.000%, 11/01/50 |
926,886 | 756,060 | ||||||
2.000%, 02/01/51 |
2,390,960 | 1,958,326 | ||||||
2.000%, 03/01/51 |
3,669,422 | 2,992,256 | ||||||
2.000%, 04/01/51 |
2,261,627 | 1,847,389 | ||||||
2.000%, 05/01/51 |
3,864,784 | 3,155,544 | ||||||
2.000%, 06/01/51 |
4,975,370 | 4,046,935 | ||||||
2.000%, 08/01/51 |
1,186,195 | 964,291 | ||||||
2.000%, 11/01/51 |
2,094,824 | 1,702,175 | ||||||
2.000%, 01/01/52 |
97,355 | 79,065 | ||||||
2.000%, 02/01/52 |
576,834 | 468,647 | ||||||
2.500%, 06/01/50 |
131,263 | 111,421 | ||||||
2.500%, 10/01/50 |
1,226,394 | 1,039,402 | ||||||
2.500%, 11/01/50 |
4,011,841 | 3,405,028 | ||||||
2.500%, 12/01/50 |
4,347,294 | 3,687,975 | ||||||
2.500%, 01/01/51 |
1,249,509 | 1,059,833 | ||||||
2.500%, 02/01/51 |
558,782 | 471,655 | ||||||
2.500%, 03/01/51 |
1,652,719 | 1,387,941 | ||||||
2.500%, 05/01/51 |
172,260 | 147,370 | ||||||
2.500%, 07/01/51 |
5,423,771 | 4,597,140 | ||||||
2.500%, 08/01/51 |
3,215,110 | 2,720,027 | ||||||
2.500%, 09/01/51 |
2,789,057 | 2,354,326 | ||||||
2.500%, 11/01/51 |
9,835,065 | 8,323,057 | ||||||
2.500%, 01/01/52 |
23,459,576 | 19,851,405 | ||||||
2.500%, 02/01/52 |
1,252,809 | 1,059,022 | ||||||
2.500%, 03/01/52 |
683,063 | 576,770 | ||||||
3.000%, 10/01/46 |
285,543 | 254,036 | ||||||
3.000%, 09/01/48 |
1,196,772 | 1,057,255 | ||||||
3.000%, 09/01/49 |
3,480,446 | 3,096,767 | ||||||
3.000%, 11/01/49 |
766,215 | 678,550 | ||||||
3.000%, 01/01/50 |
150,488 | 132,509 | ||||||
3.000%, 03/01/50 |
66,451 | 58,457 | ||||||
3.000%, 05/01/50 |
191,991 | 169,796 | ||||||
3.000%, 02/01/51 |
267,369 | 235,197 | ||||||
3.000%, 06/01/51 |
87,703 | 77,102 | ||||||
3.000%, 10/01/51 |
573,847 | 504,064 | ||||||
3.000%, 01/01/52 |
2,733,626 | 2,390,249 | ||||||
3.000%, 04/01/52 |
1,085,025 | 950,754 | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Freddie Mac 30 Yr. Pool | ||||||||
3.500%, 07/01/47 |
4,466,950 | 4,081,062 | ||||||
3.500%, 01/01/48 |
90,917 | 83,158 | ||||||
3.500%, 04/01/52 |
3,985,212 | 3,607,976 | ||||||
3.500%, 05/01/52 |
1,261,690 | 1,141,616 | ||||||
4.000%, 10/01/51 |
162,106 | 150,996 | ||||||
4.000%, 05/01/52 |
1,071,873 | 997,419 | ||||||
4.000%, 06/01/52 |
3,382,638 | 3,145,626 | ||||||
4.000%, 07/01/52 |
299,139 | 278,003 | ||||||
4.500%, 03/01/49 |
214,106 | 207,769 | ||||||
4.500%, 07/01/49 |
379,034 | 366,179 | ||||||
4.500%, 09/01/50 |
28,215 | 27,308 | ||||||
4.500%, 06/01/52 |
4,289,695 | 4,114,447 | ||||||
5.000%, 01/01/36 |
10,891 | 10,913 | ||||||
5.000%, 06/01/41 |
1,077,405 | 1,077,894 | ||||||
5.000%, 07/01/52 |
1,972,156 | 1,931,287 | ||||||
6.000%, 10/01/36 |
304,547 | 319,943 | ||||||
Freddie Mac ARM Non-Gold Pool | ||||||||
2.097%, 5Y H15 + 1.284%, 03/01/47 (b) |
277,461 | 263,946 | ||||||
2.873%, 12M LIBOR + 1.619%, 11/01/47 (b) |
1,078,756 | 1,039,321 | ||||||
3.008%, 12M LIBOR + 1.628%, 11/01/48 (b) |
3,729,749 | 3,541,742 | ||||||
3.083%, 12M LIBOR + 1.621%, 02/01/50 (b) |
1,831,474 | 1,760,399 | ||||||
Freddie Mac Gold Pool | ||||||||
4.000%, 04/01/43 |
600,783 | 569,564 | ||||||
4.000%, 08/01/43 |
309,516 | 295,571 | ||||||
Freddie Mac Multifamily Structured Pass-Through Certificates | ||||||||
0.511%, 12/25/28 (a) (b) |
63,428,165 | 1,227,779 | ||||||
0.636%, 01/25/34 (a) (b) |
51,753,763 | 1,979,778 | ||||||
0.656%, 01/25/29 (a) (b) |
85,532,954 | 2,343,817 | ||||||
0.843%, 09/25/27 (a) (b) |
16,916,265 | 513,510 | ||||||
0.939%, 11/25/30 (a) (b) |
26,271,624 | 1,363,581 | ||||||
0.973%, 11/25/30 (a) (b) |
34,200,459 | 1,841,414 | ||||||
3.291%, 03/25/27 |
4,670,000 | 4,423,881 | ||||||
Freddie Mac Pool | ||||||||
2.500%, 07/01/51 |
293,042 | 240,029 | ||||||
3.500%, 10/01/42 |
428,140 | 395,531 | ||||||
3.500%, 02/01/44 |
171,295 | 157,719 | ||||||
Freddie Mac REMICS (CMO) | ||||||||
4.500%, 04/15/32 |
134,770 | 133,545 | ||||||
6.000%, 05/15/36 |
198,404 | 204,730 | ||||||
Freddie Mac STACR REMIC Trust (CMO) | ||||||||
3.281%, SOFR30A + 1.000%, 01/25/42 (144A) (b) |
2,912,984 | 2,829,441 | ||||||
3.581%, SOFR30A + 1.300%, 02/25/42 (144A) (b) |
2,998,300 | 2,945,161 | ||||||
3.781%, SOFR30A + 1.500%, 10/25/41 (144A) (b) |
2,270,000 | 2,060,024 | ||||||
4.381%, SOFR30A + 2.100%, 10/25/33 (144A) (b) |
980,000 | 933,427 | ||||||
4.481%, SOFR30A + 2.200%, 05/25/42 (144A) (b) |
1,167,280 | 1,156,934 | ||||||
4.581%, SOFR30A + 2.300%, 08/25/33 (144A) (b) |
1,970,000 | 1,908,500 | ||||||
Freddie Mac Structured Agency Credit Risk Debt Notes (CMO) | ||||||||
4.681%, SOFR30A + 2.400%, 02/25/42 (144A) (b) |
3,420,000 | 3,176,326 | ||||||
Ginnie Mae I 30 Yr. Pool | ||||||||
3.000%, 09/15/42 |
333,389 | 298,765 | ||||||
3.000%, 10/15/42 |
1,778,487 | 1,595,032 | ||||||
3.000%, 11/15/42 |
644,875 | 578,563 | ||||||
3.500%, 06/15/48 |
2,152,303 | 2,009,476 | ||||||
3.500%, 05/15/50 |
373,766 | 346,088 | ||||||
4.000%, 03/15/50 |
32,529 | 30,870 |
BHFTII-283
Table of Contents
Brighthouse Funds Trust II
Western Asset Management U.S. Government Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
U.S. Treasury & Government Agencies(Continued)
Security Description | Principal Amount* |
Value | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Ginnie Mae I 30 Yr. Pool | ||||||||
5.500%, 06/15/36 |
169,185 | $ | 178,651 | |||||
6.000%, 03/15/33 |
364,235 | 379,809 | ||||||
6.500%, 06/15/31 |
902 | 932 | ||||||
6.500%, 08/15/34 |
69,413 | 71,729 | ||||||
7.500%, 09/15/29 |
563 | 576 | ||||||
8.500%, 06/15/25 |
4,141 | 4,222 | ||||||
Ginnie Mae II 30 Yr. Pool | ||||||||
2.000%, 04/20/51 |
581,494 | 487,801 | ||||||
2.500%, 10/20/49 |
417,532 | 362,400 | ||||||
2.500%, 10/20/51 |
3,478,000 | 2,999,382 | ||||||
2.500%, 11/20/51 |
186,374 | 160,714 | ||||||
2.500%, 08/20/52 |
16,302,952 | 14,041,199 | ||||||
2.500%, TBA (d) |
6,200,000 | 5,326,551 | ||||||
3.000%, 11/20/46 |
181,716 | 162,546 | ||||||
3.000%, 09/20/47 |
58,041 | 52,014 | ||||||
3.000%, 11/20/47 |
73,498 | 66,023 | ||||||
3.000%, 12/20/47 |
778,846 | 697,796 | ||||||
3.000%, 01/20/50 |
646,751 | 572,279 | ||||||
3.000%, 02/20/51 |
117,063 | 104,357 | ||||||
3.000%, 09/20/51 |
9,505,631 | 8,446,050 | ||||||
3.000%, 11/20/51 |
5,849,193 | 5,186,462 | ||||||
3.000%, 01/20/52 |
98,654 | 89,486 | ||||||
3.000%, 02/20/52 |
2,730,420 | 2,424,350 | ||||||
3.000%, 03/20/52 |
1,156,438 | 1,025,897 | ||||||
3.000%, 04/20/52 |
2,658,350 | 2,324,816 | ||||||
3.000%, TBA (d) |
8,600,000 | 7,599,242 | ||||||
3.500%, 06/20/44 |
706,500 | 656,085 | ||||||
3.500%, 03/20/45 |
55,002 | 50,939 | ||||||
3.500%, 01/20/46 |
144,714 | 134,072 | ||||||
3.500%, 03/20/46 |
770,187 | 712,055 | ||||||
3.500%, 04/20/46 |
403,028 | 372,460 | ||||||
3.500%, 05/20/46 |
188,350 | 174,162 | ||||||
3.500%, 06/20/46 |
321,187 | 296,848 | ||||||
3.500%, 07/20/46 |
193,635 | 178,922 | ||||||
3.500%, 09/20/46 |
17,748 | 16,398 | ||||||
3.500%, 05/20/47 |
2,563,630 | 2,368,753 | ||||||
3.500%, 09/20/48 |
488,747 | 449,815 | ||||||
3.500%, 02/20/49 |
15,355 | 14,140 | ||||||
3.500%, 10/20/49 |
123,348 | 110,774 | ||||||
3.500%, 01/20/50 |
1,256,027 | 1,151,399 | ||||||
3.500%, 02/20/50 |
159,684 | 146,164 | ||||||
3.500%, 07/20/50 |
196,980 | 180,935 | ||||||
3.500%, 02/20/52 |
11,075,812 | 10,116,657 | ||||||
3.500%, 03/20/52 |
493,089 | 445,104 | ||||||
3.500%, 06/20/52 |
597,148 | 543,265 | ||||||
3.500%, TBA (d) |
300,000 | 272,848 | ||||||
4.000%, 09/20/45 |
339,494 | 319,893 | ||||||
4.000%, 11/20/45 |
2,815,422 | 2,678,849 | ||||||
4.000%, 08/20/46 |
2,073,827 | 1,968,439 | ||||||
4.000%, 06/20/47 |
931,857 | 884,465 | ||||||
4.000%, 07/20/47 |
158,218 | 150,177 | ||||||
4.000%, 11/20/47 |
446,663 | 423,967 | ||||||
4.000%, 12/20/47 |
172,890 | 164,106 | ||||||
4.000%, 02/20/48 |
161,411 | 153,492 | ||||||
4.000%, 03/20/48 |
442,987 | 420,484 | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Ginnie Mae II 30 Yr. Pool | ||||||||
4.000%, 04/20/48 |
154,359 | 146,470 | ||||||
4.000%, 08/20/48 |
1,740,542 | 1,648,388 | ||||||
4.000%, 09/20/48 |
482,356 | 455,094 | ||||||
4.000%, 11/20/49 |
86,472 | 80,181 | ||||||
4.000%, 01/20/50 |
141,560 | 136,694 | ||||||
4.000%, 02/20/50 |
124,978 | 120,115 | ||||||
4.000%, 03/20/50 |
60,502 | 58,701 | ||||||
4.000%, 04/20/50 |
495,113 | 475,542 | ||||||
4.000%, TBA (d) |
200,000 | 186,758 | ||||||
4.500%, 01/20/40 |
203,299 | 200,888 | ||||||
4.500%, 05/20/40 |
257,933 | 254,881 | ||||||
4.500%, 09/20/40 |
5,768 | 5,700 | ||||||
4.500%, 01/20/41 |
49,140 | 48,981 | ||||||
4.500%, 07/20/41 |
317,031 | 313,277 | ||||||
4.500%, 08/20/47 |
299,117 | 290,924 | ||||||
4.500%, 04/20/48 |
461,825 | 449,062 | ||||||
4.500%, 05/20/48 |
674,373 | 655,743 | ||||||
4.500%, 06/20/48 |
387,053 | 376,135 | ||||||
4.500%, 07/20/48 |
63,633 | 61,799 | ||||||
4.500%, 08/20/48 |
1,730,701 | 1,680,423 | ||||||
4.500%, 09/20/48 |
186,796 | 181,333 | ||||||
4.500%, 10/20/48 |
446,611 | 433,455 | ||||||
4.500%, 01/20/49 |
1,159,693 | 1,124,924 | ||||||
4.500%, 03/20/49 |
320,273 | 309,667 | ||||||
4.500%, 04/20/49 |
206,385 | 199,746 | ||||||
4.500%, 02/20/50 |
281,556 | 273,172 | ||||||
4.500%, 03/20/50 |
186,454 | 181,101 | ||||||
4.500%, 12/20/50 |
271,528 | 263,511 | ||||||
4.500%, TBA (d) |
100,000 | 95,715 | ||||||
5.000%, 07/20/40 |
208,020 | 209,376 | ||||||
5.000%, 11/20/48 |
72,293 | 71,252 | ||||||
5.000%, 03/20/49 |
87,927 | 86,644 | ||||||
5.000%, 12/20/49 |
134,608 | 133,124 | ||||||
5.000%, 01/20/50 |
87,470 | 86,410 | ||||||
5.000%, 04/20/50 |
73,068 | 72,516 | ||||||
5.000%, TBA (d) |
400,000 | 390,377 | ||||||
6.000%, 11/20/34 |
637 | 674 | ||||||
6.000%, 06/20/35 |
951 | 1,017 | ||||||
6.000%, 07/20/36 |
49,062 | 52,675 | ||||||
6.000%, 09/20/36 |
2,311 | 2,482 | ||||||
6.000%, 07/20/38 |
130,083 | 139,723 | ||||||
6.000%, 09/20/38 |
311,347 | 332,999 | ||||||
6.000%, 06/20/39 |
1,631 | 1,752 | ||||||
6.000%, 05/20/40 |
28,063 | 30,141 | ||||||
6.000%, 06/20/40 |
87,088 | 93,498 | ||||||
6.000%, 08/20/40 |
49,009 | 52,640 | ||||||
6.000%, 09/20/40 |
107,886 | 115,880 | ||||||
6.000%, 10/20/40 |
52,648 | 56,544 | ||||||
6.000%, 11/20/40 |
101,269 | 108,204 | ||||||
6.000%, 01/20/41 |
51,470 | 53,698 | ||||||
6.000%, 03/20/41 |
361,088 | 387,839 | ||||||
6.000%, 07/20/41 |
80,264 | 86,215 | ||||||
6.000%, 12/20/41 |
39,447 | 42,353 | ||||||
6.500%, 10/20/37 |
122,551 | 130,167 |
BHFTII-284
Table of Contents
Brighthouse Funds Trust II
Western Asset Management U.S. Government Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
U.S. Treasury & Government Agencies(Continued)
Security Description | Principal Amount* |
Value | ||||||
Agency Sponsored Mortgage - Backed(Continued) | ||||||||
Ginnie Mae II Pool | ||||||||
3.000%, 09/20/47 |
255,595 | $ | 224,638 | |||||
3.500%, 01/20/48 |
2,085,160 | 1,886,464 | ||||||
Government National Mortgage Association | ||||||||
0.029%, 03/16/49 (a) (b) |
1,988,674 | 769 | ||||||
0.051%, 10/16/54 (a) (b) |
10,723,262 | 26,620 | ||||||
0.072%, 09/16/46 (a) (b) |
9,247,583 | 92 | ||||||
0.092%, 04/16/54 (a) (b) |
14,402,626 | 120,596 | ||||||
0.128%, 02/16/53 (a) (b) |
5,873,842 | 18,799 | ||||||
0.146%, 02/16/48 (a) (b) |
1,044,898 | 7,423 | ||||||
0.539%, 03/16/60 (a) (b) |
2,491,743 | 89,157 | ||||||
0.630%, 09/16/55 (a) (b) |
6,404,553 | 174,213 | ||||||
0.640%, 02/16/61 (a) (b) |
1,383,030 | 76,705 | ||||||
0.642%, 10/16/58 (a) (b) |
11,907,117 | 448,563 | ||||||
0.707%, 12/16/59 (a) (b) |
27,023,343 | 1,287,514 | ||||||
1.018%, 02/16/46 (a) (b) |
3,134,058 | 80,565 | ||||||
Government National Mortgage Association (CMO) | ||||||||
0.478%, 12M LIBOR + 0.250%, 10/20/68 (b) |
1,673,874 | 1,642,678 | ||||||
2.737%, 1M LIBOR + 0.380%, 12/20/60 (b) |
9,409,631 | 9,317,252 | ||||||
2.757%, 1M LIBOR + 0.400%, 12/20/60 (b) |
2,139,264 | 2,120,331 | ||||||
2.757%, 1M LIBOR + 0.400%, 08/20/70 (b) |
60,192 | 59,617 | ||||||
2.787%, 1M LIBOR + 0.430%, 10/20/64 (b) |
3,491,416 | 3,454,224 | ||||||
2.807%, 1M LIBOR + 0.450%, 07/20/70 (b) |
4,851,367 | 4,710,043 | ||||||
2.837%, 1M LIBOR + 0.480%, 03/20/61 (b) |
1,690,468 | 1,677,345 | ||||||
2.857%, 1M LIBOR + 0.500%, 12/20/60 (b) |
17,116,196 | 16,982,615 | ||||||
2.857%, 1M LIBOR + 0.500%, 07/20/70 (b) |
306,741 | 299,172 | ||||||
2.883%, 1M LIBOR + 1.150%, 05/20/70 (b) |
1,104,371 | 1,098,830 | ||||||
3.000%, 07/20/49 |
636,686 | 583,532 | ||||||
3.161%, -1x 1M LIBOR + 6.100%, 08/16/42 (a) (b) |
400,432 | 39,056 | ||||||
3.607%, 1M LIBOR + 1.250%, 04/20/70 (b) |
126,586 | 127,581 | ||||||
3.636%, -1x 1M LIBOR + 6.650%, 01/20/40 (a) (b) |
62,919 | 1,051 | ||||||
Uniform Mortgage-Backed Securities 30 Yr. Pool | ||||||||
2.000%, TBA (d) |
2,100,000 | 1,699,852 | ||||||
3.000%, TBA (d) |
200,000 | 174,039 | ||||||
5.500%, TBA (d) |
400,000 | 395,937 | ||||||
|
|
|||||||
587,856,398 | ||||||||
|
|
|||||||
Federal Agencies39.2% | ||||||||
Fannie Mae Principal Strip | ||||||||
Zero Coupon, 05/15/30 |
30,000,000 | 21,834,176 | ||||||
Federal Agricultural Mortgage Corp. | ||||||||
0.260%, 10/02/23 |
10,000,000 | 9,615,162 | ||||||
Federal Farm Credit Banks Funding Corp. | ||||||||
0.160%, 02/10/23 |
10,000,000 | 9,860,942 | ||||||
0.200%, 01/04/24 |
10,000,000 | 9,491,213 | ||||||
0.220%, 09/08/23 |
15,000,000 | 14,434,212 | ||||||
0.230%, 01/19/24 |
15,000,000 | 14,240,597 | ||||||
0.375%, 01/15/25 |
10,000,000 | 9,145,276 | ||||||
0.460%, 11/03/25 |
10,000,000 | 8,913,467 | ||||||
0.500%, 12/01/23 |
30,000,000 | 28,708,466 | ||||||
0.680%, 12/20/23 |
10,000,000 | 9,562,451 | ||||||
0.780%, 06/16/25 |
10,000,000 | 9,051,689 | ||||||
0.875%, 11/18/24 |
5,000,000 | 4,654,461 | ||||||
1.050%, 11/17/25 |
10,000,000 | 9,071,814 | ||||||
1.750%, 02/25/25 |
22,350,000 | 21,046,454 | ||||||
Federal Agencies(Continued) | ||||||||
Federal Farm Credit Banks Funding Corp. | ||||||||
2.600%, 04/05/27 |
10,000,000 | 9,365,651 | ||||||
2.625%, 05/16/24 |
15,000,000 | 14,624,881 | ||||||
2.700%, 10/26/27 |
10,000,000 | 9,357,728 | ||||||
5.480%, 06/27/42 |
3,000,000 | 2,827,786 | ||||||
Federal Home Loan Bank | ||||||||
0.125%, 08/28/23 |
12,000,000 | 11,553,137 | ||||||
0.375%, 09/04/25 |
15,000,000 | 13,450,247 | ||||||
0.500%, 04/14/25 |
14,000,000 | 12,707,883 | ||||||
1.750%, 09/12/25 |
10,000,000 | 9,308,007 | ||||||
2.125%, 06/09/23 |
12,700,000 | 12,512,672 | ||||||
2.500%, 02/13/24 |
10,000,000 | 9,772,634 | ||||||
2.750%, 12/13/24 |
10,000,000 | 9,665,950 | ||||||
3.000%, 07/08/24 |
7,000,000 | 6,844,050 | ||||||
3.250%, 11/16/28 (e) |
40,000,000 | 38,166,605 | ||||||
Federal Home Loan Mortgage Corp. | ||||||||
Zero Coupon, 12/14/29 |
7,443,000 | 5,504,370 | ||||||
Zero Coupon, 12/17/29 |
5,562,000 | 4,107,687 | ||||||
Zero Coupon, 12/15/36 |
24,765,000 | 13,241,824 | ||||||
0.125%, 10/16/23 |
30,000,000 | 28,739,400 | ||||||
0.250%, 11/06/23 |
20,000,000 | 19,124,399 | ||||||
0.250%, 12/04/23 |
20,000,000 | 19,082,223 | ||||||
Federal National Mortgage Association | ||||||||
0.625%, 04/22/25 |
5,000,000 | 4,556,378 | ||||||
2.625%, 09/06/24 |
22,000,000 | 21,338,378 | ||||||
Freddie Mac Strips | ||||||||
Zero Coupon, 07/15/28 |
5,400,000 | 4,253,117 | ||||||
Zero Coupon, 07/15/32 |
9,000,000 | 5,908,106 | ||||||
Resolution Funding Corp. Interest Strip | ||||||||
Zero Coupon, 07/15/26 |
4,230,000 | 3,600,445 | ||||||
Zero Coupon, 07/15/27 |
8,012,000 | 6,520,841 | ||||||
Zero Coupon, 01/15/29 |
6,988,000 | 5,390,178 | ||||||
Zero Coupon, 07/15/29 |
14,000,000 | 10,578,062 | ||||||
Zero Coupon, 10/15/29 |
14,996,000 | 11,218,221 | ||||||
Resolution Funding Corp. Principal Strip | ||||||||
Zero Coupon, 01/15/30 |
25,000,000 | 18,347,360 | ||||||
Zero Coupon, 04/15/30 |
30,000,000 | 21,704,050 | ||||||
United States Department of Housing and Urban Development | ||||||||
2.668%, 08/01/24 |
8,000,000 | 7,749,163 | ||||||
2.738%, 08/01/25 |
6,000,000 | 5,724,596 | ||||||
United States International Development Finance Corp. | ||||||||
1.110%, 05/15/29 |
13,500,000 | 12,038,177 | ||||||
3.330%, 05/15/33 |
5,527,550 | 5,224,078 | ||||||
3.540%, 06/15/30 |
9,117,889 | 8,741,938 | ||||||
|
|
|||||||
582,480,602 | ||||||||
|
|
|||||||
U.S. Treasury8.6% | ||||||||
U.S. Treasury Bonds | ||||||||
2.250%, 05/15/41 |
4,000,000 | 3,023,906 | ||||||
2.875%, 05/15/52 |
6,640,000 | 5,568,262 | ||||||
U.S. Treasury Notes | ||||||||
0.250%, 06/15/24 (e) |
34,000,000 | 31,756,797 | ||||||
0.375%, 01/31/26 |
10,000,000 | 8,808,594 | ||||||
1.125%, 08/31/28 |
46,000,000 | 38,943,672 |
BHFTII-285
Table of Contents
Brighthouse Funds Trust II
Western Asset Management U.S. Government Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
U.S. Treasury & Government Agencies(Continued)
Security Description | Principal Amount* |
Value | ||||||
U.S. Treasury(Continued) | ||||||||
U.S. Treasury Notes | ||||||||
1.875%, 07/31/26 |
42,900,000 | $ | 39,432,809 | |||||
|
|
|||||||
127,534,040 | ||||||||
|
|
|||||||
Total U.S. Treasury & Government Agencies |
1,297,871,040 | |||||||
|
|
|||||||
Foreign Government7.2% | ||||||||
Sovereign7.2% | ||||||||
Colombia Government International Bond | ||||||||
5.625%, 02/26/44 (e) |
4,840,000 | 3,200,439 | ||||||
Indonesia Government International Bond | ||||||||
4.750%, 02/11/29 |
6,280,000 | 6,045,650 | ||||||
Israel Government AID Bonds | ||||||||
5.500%, 09/18/23 |
2,000,000 | 2,018,733 | ||||||
5.500%, 12/04/23 |
33,000,000 | 33,361,155 | ||||||
5.500%, 04/26/24 |
21,550,000 | 21,839,451 | ||||||
Mexico Government International Bond | ||||||||
4.500%, 04/22/29 |
12,280,000 | 11,356,487 | ||||||
Panama Government International Bonds | ||||||||
3.750%, 03/16/25 |
5,650,000 | 5,431,679 | ||||||
4.500%, 05/15/47 |
1,720,000 | 1,223,905 | ||||||
Peruvian Government International Bonds | ||||||||
3.300%, 03/11/41 |
3,420,000 | 2,358,657 | ||||||
3.550%, 03/10/51 |
1,090,000 | 728,901 | ||||||
3.600%, 01/15/72 |
1,580,000 | 952,692 | ||||||
6.550%, 03/14/37 |
320,000 | 327,683 | ||||||
Poland Government International Bonds | ||||||||
3.250%, 04/06/26 (e) |
5,010,000 | 4,715,913 | ||||||
4.000%, 01/22/24 |
2,858,000 | 2,815,787 | ||||||
Qatar Government International Bond | ||||||||
5.103%, 04/23/48 (144A) |
7,300,000 | 7,062,604 | ||||||
Uruguay Government International Bond | ||||||||
5.100%, 06/18/50 |
3,200,000 | 2,924,757 | ||||||
|
|
|||||||
Total Foreign Government |
106,364,493 | |||||||
|
|
|||||||
Corporate Bonds & Notes4.0% | ||||||||
Chemicals0.1% | ||||||||
Equate Petrochemical B.V. | ||||||||
4.250%, 11/03/26 (144A) |
1,540,000 | 1,450,277 | ||||||
|
|
|||||||
Diversified Financial Services3.0% | ||||||||
Private Export Funding Corp. | ||||||||
0.300%, 04/28/23 (144A) |
25,000,000 | 24,507,414 | ||||||
3.250%, 06/15/25 |
20,000,000 | 19,254,925 | ||||||
|
|
|||||||
43,762,339 | ||||||||
|
|
|||||||
Electric0.5% | ||||||||
Enel Chile S.A. | ||||||||
4.875%, 06/12/28 |
4,000,000 | 3,701,852 | ||||||
Electric(Continued) | ||||||||
Perusahaan Listrik Negara PT | ||||||||
5.450%, 05/21/28 (144A) |
4,000,000 | 3,813,320 | ||||||
|
|
|||||||
7,515,172 | ||||||||
|
|
|||||||
Oil & Gas0.4% | ||||||||
Ecopetrol S.A. | ||||||||
5.375%, 06/26/26 |
4,260,000 | 3,851,040 | ||||||
Petroleos Mexicanos | ||||||||
6.375%, 01/23/45 (e) |
3,610,000 | 1,994,525 | ||||||
|
|
|||||||
5,845,565 | ||||||||
|
|
|||||||
Total Corporate Bonds & Notes |
58,573,353 | |||||||
|
|
|||||||
Mortgage-Backed Securities2.1% |
| |||||||
Collateralized Mortgage Obligations2.1% | ||||||||
Alternative Loan Trust |
||||||||
3.193%, 1M LIBOR + 0.200%, 07/20/46 (b) |
1,038,655 | 785,057 | ||||||
Banc of America Mortgage Trust |
||||||||
3.941%, 07/25/35 (b) |
12,476 | 11,561 | ||||||
CIM Trust |
||||||||
1.425%, 07/25/61 (144A) (b) |
2,771,095 | 2,435,099 | ||||||
Citigroup Mortgage Loan Trust |
||||||||
5.410%, 1Y H15 + 2.400%, 10/25/35 (b) |
27,542 | 26,120 | ||||||
Countrywide Home Loan Reperforming Loan REMIC Trust |
||||||||
3.504%, 1M LIBOR + 0.420%, 07/25/36 (144A) (b) |
205,618 | 197,563 | ||||||
Credit Suisse Mortgage Capital Certificates Trust |
||||||||
0.938%, 05/25/66 (144A) (b) |
1,127,992 | 873,448 | ||||||
Credit Suisse Mortgage Trust |
||||||||
0.830%, 03/25/56 (144A) (b) |
729,959 | 598,590 | ||||||
1.169%, 03/25/56 (144A) (b) |
628,399 | 518,241 | ||||||
4.303%, 1M LIBOR + 1.750%, 07/25/47 (144A) (b) |
38 | 38 | ||||||
CSMC Trust |
||||||||
1.000%, 10/15/66 |
2,288,512 | 2,265,340 | ||||||
1.756%, 10/25/66 (144A) (b) |
720,704 | 597,452 | ||||||
2.000%, 10/25/60 (144A) (b) |
932,520 | 817,723 | ||||||
Ellington Financial Mortgage Trust |
||||||||
3.001%, 01/25/67 (144A) (b) |
950,000 | 691,684 | ||||||
GMACM Mortgage Loan Trust |
||||||||
3.602%, 11/19/35 (b) |
74,706 | 69,754 | ||||||
GS Mortgage-Backed Securities Trust |
||||||||
3.750%, 10/25/57 (144A) |
1,954,337 | 1,895,121 | ||||||
4.000%, 05/25/62 (144A) (b) |
793,300 | 708,609 | ||||||
JPMorgan Mortgage Trust |
||||||||
2.736%, 06/25/34 (b) |
45,620 | 42,929 | ||||||
3.500%, 10/25/48 (144A) (b) |
429,705 | 385,070 | ||||||
Legacy Mortgage Asset Trust |
||||||||
2.250%, 07/25/67 (144A) (f) |
832,400 | 762,569 | ||||||
MASTR Adjustable Rate Mortgages Trust |
||||||||
2.320%, 02/25/34 (b) |
103,253 | 88,431 | ||||||
MASTR Reperforming Loan Trust |
||||||||
3.238%, 05/25/35 (144A) (b) |
1,966,379 | 1,138,182 | ||||||
7.000%, 08/25/34 (144A) |
209,744 | 156,423 |
BHFTII-286
Table of Contents
Brighthouse Funds Trust II
Western Asset Management U.S. Government Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Mortgage-Backed Securities(Continued)
Security Description | Principal Amount* |
Value | ||||||
Collateralized Mortgage Obligations(Continued) | ||||||||
Morgan Stanley Mortgage Loan Trust |
||||||||
2.721%, 07/25/35 (b) |
57,510 | $ | 50,945 | |||||
3.224%, 1M LIBOR + 0.140%, 06/25/36 (b) |
423,045 | 96,949 | ||||||
Mortgage Repurchase Agreement Financing Trust |
||||||||
4.469%, 03/30/25 (144A) (b) |
2,230,000 | 2,230,000 | ||||||
New Residential Mortgage Loan Trust |
||||||||
1.156%, 11/27/56 (144A) (b) |
627,869 | 536,608 | ||||||
2.750%, 07/25/59 (144A) (b) |
1,473,399 | 1,379,660 | ||||||
3.250%, 09/25/56 (144A) (b) |
1,231,814 | 1,132,685 | ||||||
4.000%, 02/25/57 (144A) (b) |
1,081,876 | 1,030,823 | ||||||
4.000%, 05/25/57 (144A) (b) |
1,604,037 | 1,511,452 | ||||||
4.250%, 12/25/57 (144A) (b) |
1,773,980 | 1,698,347 | ||||||
NovaStar Mortgage Funding Trust |
||||||||
0.391%, 1M LIBOR + 0.380%, 09/25/46 (b) |
511,275 | 489,276 | ||||||
OBX Trust |
||||||||
1.054%, 07/25/61 (144A) (b) |
758,459 | 605,154 | ||||||
Park Capital Management Trust |
||||||||
1.510%, 08/25/56 (144A) (b) |
1,702,346 | 1,400,120 | ||||||
2.071%, 11/25/56 (144A) (b) |
885,304 | 730,842 | ||||||
SACO I Trust |
||||||||
3.487%, 06/25/21 (144A) (b) |
36,699 | 31,906 | ||||||
Structured Asset Mortgage Investments II Trust |
||||||||
3.444%, 1M LIBOR + 0.360%, 07/25/46 (b) |
91,786 | 76,583 | ||||||
Structured Asset Securities Corp. |
| |||||||
3.392%, 06/25/35 (144A) (b) |
59,329 | 53,034 | ||||||
3.434%, 1M LIBOR + 0.350%, 04/25/35 (144A) (b) |
1,314,361 | 1,224,115 | ||||||
Towd Point Mortgage Trust |
||||||||
3.000%, 04/25/60 (144A) (b) |
940,000 | 720,331 | ||||||
4.984%, 1M LIBOR + 1.900%, 05/25/58 (144A) (b) |
950,000 | 918,084 | ||||||
|
|
|||||||
Total Mortgage-Backed Securities |
30,981,918 | |||||||
|
|
|||||||
Asset-Backed Securities0.1% |
| |||||||
Asset-Backed - Home Equity0.0% | ||||||||
Morgan Stanley Mortgage Loan Trust |
||||||||
3.264%, 1M LIBOR + 0.180%, 12/25/36 (b) |
116,110 | 49,513 | ||||||
3.384%, 1M LIBOR + 0.300%, 03/25/36 (b) |
54,736 | 53,664 | ||||||
|
|
|||||||
103,177 | ||||||||
|
|
|||||||
Asset-Backed - Other 0.1% | ||||||||
Securitized Asset Backed Receivables LLC Trust |
||||||||
3.699%, 1M LIBOR + 0.615%, 01/25/35 (b) |
850,084 | 788,993 | ||||||
Structured Asset Investment Loan Trust |
||||||||
4.284%, 1M LIBOR + 1.200%, 08/25/34 (b) |
904,113 | 873,198 | ||||||
Structured Asset Securities Corp. Mortgage Loan Trust |
||||||||
3.304%, 1M LIBOR + 0.220%, 02/25/36 (144A) (b) |
4,565,787 | 117,531 | ||||||
|
|
|||||||
1,779,722 | ||||||||
|
|
|||||||
Total Asset-Backed Securities |
1,882,899 | |||||||
|
|
|||||||
Short-Term Investment0.0% |
| |||||||
Security Description | Principal Amount* |
Value | ||||||
Repurchase Agreement0.0% | ||||||||
Fixed Income Clearing Corp. |
359,951 | 359,951 | ||||||
|
|
|||||||
Total Short-Term Investments |
359,951 | |||||||
|
|
|||||||
Securities Lending Reinvestments (g)0.6% |
| |||||||
Repurchase Agreements0.2% | ||||||||
HSBC Securities, Inc. |
1,000,000 | 1,000,000 | ||||||
National Bank Financial, Inc. |
1,000,000 | 1,000,000 | ||||||
National Bank of Canada |
200,000 | 200,000 | ||||||
Natixis S.A. (New York) |
490,660 | 490,660 | ||||||
Societe Generale |
97,988 | 97,988 | ||||||
Repurchase Agreement dated 09/30/22 at 3.170%, due on 10/07/22 with a maturity value of $100,062; collateralized by various Common Stock with an aggregate market value of $111,245. |
100,000 | 100,000 | ||||||
|
|
|||||||
2,888,648 | ||||||||
|
|
BHFTII-287
Table of Contents
Brighthouse Funds Trust II
Western Asset Management U.S. Government Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Securities Lending Reinvestments (g)(Continued)
Security Description | Shares |
Value | ||||||
Mutual Funds0.4% | ||||||||
Allspring Government Money Market Fund, Select Class |
1,000,000 | $ | 1,000,000 | |||||
BlackRock Liquidity Funds FedFund, Institutional Shares |
1,000,000 | 1,000,000 | ||||||
Goldman Sachs Financial Square Government Fund, Institutional Shares |
1,000,000 | 1,000,000 | ||||||
Morgan Stanley Liquidity Funds Government Portfolio, Institutional Shares |
1,000,000 | 1,000,000 | ||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class |
1,000,000 | 1,000,000 | ||||||
STIT-Government & Agency Portfolio, Institutional Class |
1,000,000 | 1,000,000 | ||||||
|
|
|||||||
6,000,000 | ||||||||
|
|
|||||||
Total Securities Lending Reinvestments |
8,888,648 | |||||||
|
|
|||||||
Total Investments101.4% |
1,504,922,302 | |||||||
Other assets and liabilities (net)(1.4)% |
(20,074,079 | ) | ||||||
|
|
|||||||
Net Assets100.0% | $ | 1,484,848,223 | ||||||
|
|
* | Principal amount stated in U.S. dollars unless otherwise noted. | |||
(a) | Interest only security. | |||
(b) | Variable or floating rate security. The stated rate represents the rate at September 30, 2022. Maturity date shown for callable securities reflects the earliest possible call date. For securities based on a published reference index and spread, the index and spread are indicated in the description above. For certain variable rate securities, the coupon rate is determined by the issuer/agent based on current market conditions. For certain asset- and mortgage-backed securities, the coupon rate may fluctuate based on changes of the underlying collateral or prepayments of principal. These securities do not indicate a reference index and spread in their description above. | |||
(c) | Principal only security. | |||
(d) | TBA (To Be Announced) Securities are purchased on a forward commitment basis with an approximate principal amount and no defined maturity date. The actual principal and maturity date will be determined upon settlement date. | |||
(e) | All or a portion of the security was held on loan. As of September 30, 2022, the market value of securities loaned was $13,047,332 and the collateral received consisted of cash in the amount of $8,888,648 and non-cash collateral with a value of $4,908,875. The cash collateral investments are disclosed in the Schedule of Investments and categorized as Securities Lending Reinvestments. The non-cash collateral received consists of U.S. government securities that are held in safe-keeping by the lending agent, or a third-party custodian, and cannot be sold or repledged by the Portfolio. | |||
(f) | Security is a step-up bond where coupon increases or steps up at a predetermined date. Rate shown is current coupon rate. | |||
(g) | Represents investment of cash collateral received from securities on loan as of September 30, 2022. | |||
(h) | The rate shown represents the annualized seven-day yield as of September 30, 2022. | |||
(144A) | Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of September 30, 2022, the market value of 144A securities was $78,939,932, which is 5.3% of net assets. |
Futures Contracts
Futures ContractsLong |
Expiration Date |
Number of Contracts |
Notional Value |
Value/ Unrealized Appreciation/ (Depreciation) |
||||||||||||||||
U.S. Treasury Long Bond Futures |
12/20/22 | 300 | USD | 37,921,875 | $ | (2,842,086 | ) | |||||||||||||
Futures ContractsShort |
||||||||||||||||||||
U.S. Treasury Note 10 Year Futures |
12/20/22 | (148 | ) | USD | (16,585,250 | ) | 591,317 | |||||||||||||
U.S. Treasury Note 5 Year Futures |
12/30/22 | (6 | ) | USD | (645,047 | ) | 7,068 | |||||||||||||
|
|
|||||||||||||||||||
Net Unrealized Depreciation |
|
$ | (2,243,701 | ) | ||||||||||||||||
|
|
Glossary of Abbreviations
Currencies
(USD) | United States Dollar |
Index Abbreviations
(H15) |
U.S. Treasury Yield Curve Rate T-Note Constant Maturity Index | |||
(LIBOR) | London Interbank Offered Rate | |||
(SOFR30A) | Secured Overnight Financing Rate 30-Day Average |
Other Abbreviations
(ARM) | Adjustable-Rate Mortgage | |||||||||
(ACES) | Alternative Credit Enhancement Securities | |||||||||
(CMO) | Collateralized Mortgage Obligation | |||||||||
(REMIC) | Real Estate Mortgage Investment Conduit | |||||||||
(STACR) | Structured Agency Credit Risk |
BHFTII-288
Table of Contents
Brighthouse Funds Trust II
Western Asset Management U.S. Government Portfolio
Schedule of Investments as of September 30, 2022 (Unaudited)
Fair Value Hierarchy
Accounting principles generally accepted in the United States of America (GAAP) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:
Level 1 - unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, or other market corroborated inputs)
Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolios own assumptions used in determining the fair value of investments and derivative financial instruments)
The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels. A reconciliation of Level 3 securities, if any, will be disclosed following the fair value hierarchy table. For more information about the Portfolios policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.
The following table summarizes the fair value hierarchy of the Portfolios investments as of September 30, 2022:
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Total U.S. Treasury & Government Agencies* |
$ | | $ | 1,297,871,040 | $ | | $ | 1,297,871,040 | ||||||||
Total Foreign Government* |
| 106,364,493 | | 106,364,493 | ||||||||||||
Total Corporate Bonds & Notes* |
| 58,573,353 | | 58,573,353 | ||||||||||||
Total Mortgage-Backed Securities* |
| 30,981,918 | | 30,981,918 | ||||||||||||
Total Asset-Backed Securities* |
| 1,882,899 | | 1,882,899 | ||||||||||||
Total Short-Term Investment* |
| 359,951 | | 359,951 | ||||||||||||
Securities Lending Reinvestments |
| |||||||||||||||
Repurchase Agreements |
| 2,888,648 | | 2,888,648 | ||||||||||||
Mutual Funds |
6,000,000 | | | 6,000,000 | ||||||||||||
Total Securities Lending Reinvestments |
6,000,000 | 2,888,648 | | 8,888,648 | ||||||||||||
Total Investments |
$ | 6,000,000 | $ | 1,498,922,302 | $ | | $ | 1,504,922,302 | ||||||||
Collateral for Securities Loaned (Liability) |
$ | | $ | (8,888,648 | ) | $ | | $ | (8,888,648 | ) | ||||||
Futures Contracts | ||||||||||||||||
Futures Contracts (Unrealized Appreciation) |
$ | 598,385 | $ | | $ | | $ | 598,385 | ||||||||
Futures Contracts (Unrealized Depreciation) |
(2,842,086 | ) | | | (2,842,086 | ) | ||||||||||
Total Futures Contracts |
$ | (2,243,701 | ) | $ | | $ | | $ | (2,243,701 | ) |
* | See Schedule of Investments for additional detailed categorizations. |
BHFTII-289
Table of Contents
Brighthouse Funds Trust II
Notes to the Schedule of Investments
Investment Valuation and Fair Value Measurements
Debt securities, including corporate, convertible and municipal bonds and notes; obligations of the U.S. Treasury and U.S. government agencies; foreign sovereign issues; and non-U.S. bonds, are generally valued based upon evaluated or composite bid quotations obtained from third-party pricing services and/or brokers and dealers selected by the Brighthouse Investment Advisers, LLC (the Adviser) (each a pricing services), pursuant to the authorization of and subject to general oversight by the Board of Trustees (the Board or Trustees) of the Brighthouse Funds Trust II (the Trust). Such pricing services may use matrix pricing, which considers observable inputs including, among other things, issuer details, maturity dates, interest rates, yield curves, rates of prepayment, credit risks/spreads, default rates, reported trades, broker dealer quotes and quoted prices for similar assets. Short-term obligations with a remaining maturity of sixty days or less may be valued at amortized cost in the absence of market quotes, so long as the amortized cost value of such short-term debt instrument is approximately the same as the fair value of the instrument as determined without the use of amortized cost valuation. Floating rate loans are generally valued based upon an evaluated or composite average of aggregate bid and ask quotations supplied by brokers or dealers, as obtained from the pricing service. Securities that use similar valuation techniques and inputs as described above are generally categorized as Level 2 within the fair value hierarchy.
Mortgage and asset-backed securities are generally valued based upon evaluated or composite bid quotations obtained from pricing services selected by the Adviser pursuant to authorization of and subject to general oversight by the Board. These securities are usually issued as separate tranches, or classes, of securities within each deal. The pricing models for these securities usually consider tranche level attributes, current market data, estimated cash flows and market-based yield spreads for each tranche and incorporate deal collateral performance, as available. Mortgage and asset-backed securities that use similar valuation techniques and inputs as described above are generally categorized as Level 2 within the fair value hierarchy.
Domestic and foreign equity securities, such as common stock, exchange-traded funds, rights, warrants, and preferred stock, that are traded on a securities exchange on a valuation date are generally valued at their last quoted sale price or official closing price on the primary exchange for such security, or, if no sales occurred on that day, at the last reported bid price. Equity securities traded over-the-counter (OTC) are generally valued at the last reported bid price. In the event of a major exchange closing during the trading day, the Adviser may use other market information obtained from quotation reporting systems, established market makers, or pricing services in valuing the securities. Valuation adjustments may be applied to certain foreign equity securities that are traded solely on foreign exchanges that close before the time as of which the Portfolio determines its net asset value (NAV) to account for the market movement between the close of the foreign exchanges and the time as of which the Portfolio determines its NAV. The Portfolio may use a systematic fair valuation model provided by a pricing service to value securities principally traded in these foreign markets to adjust for possible market movements or other changes that may occur between the close of the foreign exchanges and the time as of which the Portfolio determines its NAV. Foreign equity securities valued using these valuation adjustments are generally categorized as Level 2 within the fair value hierarchy. Equity securities that are actively traded, and have no valuation adjustments applied, are categorized as Level 1 within the fair value hierarchy. Other equity securities traded on inactive markets, or valued in reference to similar instruments traded on active markets, are generally categorized as Level 2 within the fair value hierarchy.
Investments in registered open-end management investment companies are valued at reported NAV per share on the valuation date and are categorized as Level 1 within the fair value hierarchy.
Foreign currency forward contracts are valued through an independent pricing service by interpolating between forward and spot currency rates in the London foreign exchange markets as of a designated hour on a valuation day. These contracts are generally categorized as Level 2 within the fair value hierarchy.
Options, whether on securities, indices, futures contracts, or otherwise, traded on exchanges are valued at the last sale price available as of the close of business on a valuation day or, if there is no such price available, at the last reported bid price. These types of options are categorized as Level 1 within the fair value hierarchy. Futures contracts that are traded on commodity exchanges are valued at their settlement prices established by the exchanges on which they are traded as of the close of such exchanges and are categorized as Level 1 within the fair value hierarchy.
Options, including options on swaps (swaptions), currencies, and futures contracts that are traded OTC are generally valued based upon interdealer bid and ask prices or prices provided by pricing service providers who use a series of techniques, including simulation pricing models, to determine the value of the contracts. The pricing models use inputs that are observed from actively quoted markets such as issuer details, indices, spreads, interest rates, yield curves, credit curves, measures of volatility and exchange rates. These contracts are generally categorized as Level 2 within the fair value hierarchy.
Swap contracts (other than centrally cleared swaps) are marked-to-market daily based on quotations and prices supplied by market makers, broker-dealers and other pricing services. Such quotations and prices are derived utilizing observable data, including the underlying reference securities or indices, credit spread quotations and expected default recovery rates determined by the pricing service. These contracts are generally categorized as Level 2 within the fair value hierarchy.
Centrally cleared swaps listed or traded on a multilateral or trade facility platform, such as a registered exchange, are valued at the daily settlement price determined by the respective exchange or a pricing service when the exchange price is not available. For
BHFTII-290
Table of Contents
Brighthouse Funds Trust II
Notes to the Schedule of Investments
Investment Valuation and Fair Value Measurements(Continued)
centrally cleared credit default swaps, the clearing facility requires its members to provide actionable price levels across complete term structures. These levels along with external third party prices are used to produce daily settlement prices. These securities are categorized as Level 2 within the fair value hierarchy. Centrally cleared interest rate swaps are valued using a pricing model that references the underlying rates, including , but not limited to, the overnight index swap rate, London Interbank Offered Rate (LIBOR) forward rate or other interest rates, yield curves or credit spreads produce the daily settlement price. These securities are categorized as Level 2 within the fair value hierarchy.
If no current market quotation or other observable inputs are readily available or market value quotations are deemed to be unreliable for an investment, the fair value of the investment will be determined in accordance with procedures approved by, and under the general supervision of, the Board. In such a circumstance, the Board will be assisted in its responsibility to determine the fair value of an investment by the Valuation Committee (Committee) of the Adviser. The Committee provides general pricing oversight and fair value pricing determinations related to portfolio securities and meets on a regular basis to review reports relating to the valuation of the securities in the Portfolio. The Board has delegated to State Street Bank and Trust Company, the Trusts custodian (Custodian), the responsibility for calculating the NAVs of the Trusts Portfolios. The Committee is responsible for overseeing the calculation of the NAVs of the Portfolios by the Custodian. The Committee also periodically reviews pricing services, including the pricing services providing fair value pricing for the Portfolios foreign securities, and is responsible for overseeing the correction of pricing errors and addressing other pricing issues that arise in the ordinary course of business, such as making real-time fair value determinations, as necessary.
No single standard for determining the fair value of an investment can be set forth because fair value depends upon the facts and circumstances with respect to each investment. Information relating to any relevant factors may be obtained by the Committee from any appropriate source, including the subadviser of the Portfolio, the Custodian, a pricing service, market maker and/or broker for such security or the issuer. Appropriate methodologies for determining fair value under particular circumstances may include: matrix pricing, a discounted cash flow analysis, comparisons of securities with comparable characteristics, value based on multiples of earnings, discount from market price of similar marketable securities or a combination of these and other methods.
For information regarding a Portfolios other significant accounting policies, please refer to the Portfolios most recent Semiannual or Annual Report.
BHFTII-291