Brighthouse Asset Allocation 80 Portfolio
Brighthouse Funds Trust II
Fund classification
Classified from what the fund holds · as of 2026 Q2
Brighthouse Asset Allocation 80 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
Growth of capital.
The fund invests substantially all assets in Class A shares of underlying portfolios managed by Brighthouse Investment Advisers, maintaining a target allocation of 80% equity and 20% fixed income across U.S. large-cap, mid-cap, and small-cap stocks, foreign equities, investment-grade bonds, high-yield debt, and foreign fixed-income securities. The adviser establishes and periodically adjusts these target allocations based on long-term return and risk outlooks for each asset class. Because the fund's actual allocations to equity and fixed income may deviate from targets due to market valuation changes, and because each underlying portfolio may contain multiple asset classes, the fund's realized asset class exposures could vary substantially from stated targets.
| Share class | Expense ratio |
|---|---|
| C000017816 | 0.68% |
| C000017817 | 0.93% |
Portfolio turnover 11.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 81.13% |
| Bonds | 11.14% |
| Securitized | 7.71% |
| Cash & short-term | 3.65% |
| 2 smaller | 1.23% |
Look-through blends 39 underlying funds; 0.0% of NAV was not looked through and stays direct-classified.
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to 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
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | BRIGHTHOUSE FDS TR II | 5.80% | $13.34 | $470.77M | 35.3M |
| — | BRIGHTHOUSE FDS TR I | 5.56% | $12.87 | $450.71M | 35.0M |
| — | BRIGHTHOUSE FDS TR I | 5.34% | $29.26 | $432.88M | 14.8M |
| — | BRIGHTHOUSE FDS TR II | 4.75% | $13.89 | $385.53M | 27.8M |
| — | BRIGHTHOUSE FDS TR II | 4.59% | $24.90 | $372.24M | 14.9M |
| — | BRIGHTHOUSE FDS TR I | 4.58% | $14.26 | $371.46M | 26.0M |
| — | BRIGHTHOUSE FDS TR I | 4.54% | $14.20 | $368.22M | 25.9M |
| — | BRIGHTHOUSE FDS TR I | 4.48% | $16.69 | $363.49M | 21.8M |
| — | BRIGHTHOUSE FDS TR II | 4.42% | $88.02 | $358.50M | 4.1M |
| — | BRIGHTHOUSE FDS TR II | 4.28% | $11.36 | $347.05M | 30.5M |
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 48.35% of net assets, top 25 88.92%, across 2 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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