American Funds Balanced Allocation Portfolio

Brighthouse Funds Trust I

Actively managed U.S. equity fund
$4.00B NAV
14 positions · as of 2026-06-30 · filed 2026-08-27

Fund classification

Classified from what the fund holds · as of 2026 Q2

American Funds Balanced Allocation Portfolio is an actively managed U.S. equity fund.

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund
Features
Fund of funds

Fund profile

As filed in the prospectus · 2026 Q2

A balance between a high level of current income and growth of capital with a greater emphasis on growth of capital.

Strategy · summarised

The fund invests substantially all assets in shares of other American Funds portfolios, with a target allocation of 65% to equity securities and 35% to fixed income securities. The equity portion emphasizes large-cap domestic stocks alongside foreign and smaller-cap U.S. companies, while the fixed income portion includes U.S. investment-grade bonds, up to 4% in high-yield bonds, and foreign fixed income securities. The adviser periodically rebalances the fund's broad asset class targets, which may shift by up to plus or minus 10% annually, and actual allocations can vary substantially from targets due to market movements and the multi-asset composition of the underlying portfolios.

Expenses
0.66% 0.96%across 2 share classes
Share classExpense ratio
C0000630600.66%
C0000630610.96%

Portfolio turnover 8.00% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.28%
of net assets
Stocks68.19%
Bonds20.27%
Securitized7.71%
Cash & short-term3.85%
2 smaller0.27%

Look-through blends 14 underlying funds; 0.0% of NAV was not looked through and stays direct-classified.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 0 new0 exited

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+21.35%
3-year
+49.75%
5-year
+41.40%
Volatility
10.23%
Worst 3-yr fall
-7.79%
Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

This fund changed legal form during the period shown. The history above is continuous — it spans both eras, and the change is not a gap in reporting.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
American Funds Insurance Series - The Bond Fund Of America12.79%$511.79M
American US Government Securities Fund10.07%$403.08M
AFIS Growth-Income Fund9.17%$366.98M
International Growth and Income FundRIGGX8.81%$352.59M
AFIS Growth Fund8.69%$347.84M
American Funds Fundamental InvestorsRFNGX8.15%$326.21M
AMCAP Fund8.14%$325.93M
American Funds Insurance Series - Washington Mutual Investors Fund8.13%$325.40M
American Mutual FundRMFGX7.11%$284.41M
International Fund/VIT6.82%$273.16M
Showing 10 of 14Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.

Top 10 positions are 87.87% of net assets, top 25 100.00%, across 14 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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