MFS Value Portfolio
Brighthouse Funds Trust II
Fund classification
Classified from what the fund holds · as of 2026 Q2
MFS Value Portfolio is an actively managed U.S. equity fund. 6% of MFS Value Portfolio’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 90% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
Fund profile
As filed in the prospectus · 2026 Q2
Capital appreciation.
The fund is managed by Massachusetts Financial Services Company as subadviser and invests at least 80% of assets in equity securities of large-capitalization U.S. companies selected through bottom-up fundamental analysis for perceived undervaluation relative to earnings, dividends, assets, or other financial measures. The subadviser uses quantitative screening to evaluate valuation, momentum, earnings quality, and related factors alongside analysis of financial condition, competitive position, and management ability. The fund may invest up to 20% of assets in foreign securities and may concentrate a significant portion in a single industry or sector. Because security selection depends on the subadviser's analysis and screening, fund holdings and performance will diverge from any broad market benchmark.
| Share class | Gross | Net |
|---|---|---|
| C000017790 | 0.64% | 0.58% |
| C000017791 | 0.89% | 0.83% |
| C000017792 | 0.79% | 0.73% |
| C000124380 | 0.74% | 0.68% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 12.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 99.34% |
| Cash & short-term | 1.46% |
| Bonds | 0.62% |
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Financials | 23.0% |
| Information Technology | 15.4% |
| Industrials | 14.3% |
| Health Care | 12.6% |
| 11 smaller | 34.7% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
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.
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Zero-coupon or unclassified | 100.0% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 100.0% |
Based on what filers reported; a filer that never reported a flag also reads as none.
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 |
|---|---|---|---|---|---|
| AMZN | Amazon.com IncAMZN | 5.39% | $238.34 | $139.74M | 586.3K |
| JPM | JPMorgan Chase & CoJPM | 4.03% | $327.33 | $104.59M | 319.5K |
| MSFT | Microsoft CorpMSFT | 3.54% | $373.02 | $91.71M | 245.9K |
| KLAC | KLA CorpKLAC | 3.24% | $301.71 | $84.14M | 278.9K |
| AAPL | Apple IncAAPL | 3.15% | $289.36 | $81.69M | 282.3K |
| JNJ | Johnson & JohnsonJNJ | 2.65% | $253.97 | $68.62M | 270.2K |
| CI | The Cigna GroupCI | 2.56% | $275.68 | $66.36M | 240.7K |
| MS | Morgan StanleyMS | 2.25% | $209.04 | $58.26M | 278.7K |
| ADI | Analog Devices IncADI | 2.24% | $397.17 | $58.09M | 146.3K |
| RTX | RTX CorpRTX | 2.20% | $189.73 | $56.98M | 300.3K |
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 31.24% of net assets, top 25 57.62%, across 87 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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