MetLife Russell 2000 Index Portfolio
Brighthouse Funds Trust II
Index fund
Expense ratio
Net assets1
$956.61M
Holdings1
1725
Category
US Equity
Return

Investment objective & strategy

As of April 25, 2025 · prospectus

Objective. To track the performance of the Russell 2000 Index.

Strategy. The Russell 2000 Index is composed of approximately 2,000 small capitalization companies. MetLife Investment Management, LLC (MIM or Subadviser), the subadviser to the Portfolio, invests the Portfolios assets in a selected stratified sample of the 2,000 stocks included in the Russell 2000 Index. The stocks purchased for the Portfolio are chosen by MIM based on a variety of models and factors to, as a group, reflect the composite performance of the Russell 2000 Index. Although the Portfolio seeks to track the performance of the Russell 2000 Index, its performance usually will not exactly match that of the index because, among other things, the Portfolio incurs operating expenses. The Russell 2000 Index is an unmanaged group of common stocks, and therefore … The Russell 2000 Index is composed of approximately 2,000 small capitalization companies. MetLife Investment Management, LLC (MIM or Subadviser), the subadviser to the Portfolio, invests the Portfolios assets in a selected stratified sample of the 2,000 stocks included in the Russell 2000 Index. The stocks purchased for the Portfolio are chosen by MIM based on a variety of models and factors to, as a group, reflect the composite performance of the Russell 2000 Index. Although the Portfolio seeks to track the performance of the Russell 2000 Index, its performance usually will not exactly match that of the index because, among other things, the Portfolio incurs operating expenses. The Russell 2000 Index is an unmanaged group of common stocks, and therefore does not incur these expenses. As of December 31, 2024, the highest market capitalization of companies in the Russell 2000 Index was $14.5 billion. MIM, under normal circumstances, invests at least 80% of the Portfolios net assets in stocks included in the Russell 2000 Index. The Portfolio may also invest in real estate investment trusts. In seeking to track the performance of the Russell 2000 Index, from time to time the Portfolio may focus its investments in one or more industries or sectors. MIM may rebalance the Portfolio due to, among other things, cash flows into and out of the Portfolio or changes in the Russell 2000 Index.

Top holdings

As of March 31, 2026 · N-PORT
SecurityTickerValue% of fund
U.S. Treasury Bills B $18.74M 1.96%
Bank Of Nova Scotia NY Agency $12.00M 1.25%
Russell 2000 ETF IWM $10.47M 1.09%
BLOOM ENERGY CORP CL A $9.34M 0.98%
The Bank Of Nova Scotia, Toronto $8.10M 0.85%
TRS CANNABIST CO HOLDINGS INC/THE $7.00M 0.73%
COEUR MINING INC $6.05M 0.63%
National Bank Financial Inc $6.00M 0.63%
TRI PARTY CITIGROUP $6.00M 0.63%
FABRINET $5.94M 0.62%
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Allocation by sector

As of March 31, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Dec 31, 2025 → Mar 31, 2026
Opened
59
Exited
99
Increased
264
Decreased
548
Unchanged
859

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

View portfolio moves →

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Advisers

As of December 31, 2025 · N-CEN
FirmRole
METLIFE INVESTMENT MANAGEMENT, LLC Sub-adviser
Brighthouse Investment Advisers, LLC Adviser

Footnotes

  1. Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.

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