Brighthouse/Artisan Mid Cap Value Portfolio
Data updated: 2026-08-27
C000017788 — Brighthouse/Artisan Mid Cap Value Portfolio. United States Mid Cap Blend / Core Equity. Holdings, fees, performance and SEC filings.
C000017788 Fund Overview
Brighthouse/Artisan Mid Cap Value Portfolio is a US mutual fund managed by Brighthouse Funds Trust II, categorised as United States Mid Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Brighthouse Funds Trust II
- Category: United States Mid Cap Blend / Core Equity
- Assets under management: $638.47M
- 1-year return: 7.4%
- SEC CIK: 0000710826
- SEC series ID: S000006506
- Share class ID: C000017788
C000017788 Investment Objective and Strategy
Brighthouse/Artisan Mid Cap Value Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Brighthouse Funds Trust II.
Investment objective
Long-term capital growth.
Principal investment strategy
Artisan Partners Limited Partnership (Artisan Partners or Subadviser), subadviser to the Portfolio, invests at least 80% of the Portfolios net assets in the common stocks of medium-sized companies. Artisan Partners defines a medium-sized company as one with a market capitalization greater than the market capitalization of the smallest company in the Russell Midcap Index and less than three times the weighted average market capitalization of companies in that Index. Over time, the capitalizations of the companies in the Index will change. As they do, the size of the companies in which the Portfolio invests may change. As long as an investment continues to meet the Portfolios other investment criteria, Artisan Partners may choose to hold a stock even if the companys market capitalization grows or falls outside these parameters.
Artisan Partners will generally not initiate a position in a company unless it has a market capitalization that is within the range of the market capitalization of companies in the Russell Midcap Index as of the most recent calendar year end. As of December 31, 2025, the range of the market capitalization of companies in the Russell Midcap Index was between $144.9 million and $88.9 billion and the weighted average market capitalization of companies in that Index was approximately $30.2 billion. The Portfolio invests primarily in U.S. companies. Stock Selection Artisan Partners employs a fundamental investment process to construct a diversified portfolio of medium-sized U.S. companies. Artisan Partners seeks to invest in companies that are undervalued, in solid financial condition and have attractive business economics.
Artisan Partners believes that companies with the following characteristics are less likely to experience eroding values over the long term: Attractive valuation . Artisan Partners values a business using what it believes are reasonable expectations for the long-term earnings power and capitalization rates of that business. This results in a range of values for the company that Artisan Partners believes would be reasonable. Artisan Partners generally will purchase a security if the stock price falls below or toward the lower end of that range. Sound financial condition . Artisan Partners prefers companies with a level of debt Artisan Partners deems appropriate and that have a positive cash flow. At a minimum, Artisan Partners seeks to avoid companies that have so much debt that management may be unable to make decisions that would be in the best interest of the companies shareholders.
Attractive business economics . Artisan Partners favors cash-producing businesses capable of earning returns on capital Artisan Partners finds acceptable over the companys business cycle. The Portfolios cash position is affected by cash flows, including from shareholder investments and redemptions and purchases and sales of portfolio securities. Investment of available cash may be slowed during periods when stock prices are moving broadly upwards because higher prevailing valuations cause fewer securities to meet the Portfolios investment criteria. As a result of this emphasis on valuation, the Portfolio may at times hold more than 5%, but generally not more than 10%, of its total assets in cash. The Portfolio may sell a security when Artisan Partners thinks the security is too expensive compared to Artisan Partners estimate of the companys intrinsic value, when changing circumstances affect the original reasons for Artisan Partners purchase of the security, when the companys fundamentals have deteriorated, or when more attractive alternatives are identified.
C000017788 Holdings
Top 10 holdings of Brighthouse/Artisan Mid Cap Value Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Coherent Corp | 4.30% |
| MKS Inc | 4.17% |
| Marvell Technology Inc | 2.97% |
| Rambus Inc | 2.92% |
| Entegris Inc | 2.88% |
| STMicroelectronics NV | 2.74% |
| Fixed Income Clearing Corp. | 2.57% |
| Vertiv Holdings Co | 2.03% |
| Waters Corp | 1.94% |
| NRG Energy Inc | 1.94% |
C000017788 Portfolio Allocation
Asset-class allocation of Brighthouse/Artisan Mid Cap Value Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 97.4% |
| Cash & Equivalents | 5.7% |
C000017788 Performance
Total returns for C000017788 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 4.7% |
| 1 year | 7.4% |
| 3 years (annualised) | 6.3% |
| 5 years (annualised) | 4.0% |
C000017788 Risk Information
Risk metrics for C000017788, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 11.8%
C000017788 Costs and Fees
C000017788 costs about $103 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.03%
- Gross expense ratio: 1.12%
- Portfolio turnover: 33%
- Brokerage commissions: 4.27 bps of average net assets (SEC N-CEN)
C000017788 Cashflows
Over the 12 months to 2026-06, Brighthouse/Artisan Mid Cap Value Portfolio had net outflows of $50.69M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $6.56M |
| 2026-05 | −$3.81M |
| 2026-04 | −$4.07M |
| 2026-03 | −$3.56M |
| 2026-02 | −$5.85M |
| 2026-01 | −$6.08M |
C000017788 Debt Constituents
No individual debt constituents are reported in Brighthouse/Artisan Mid Cap Value Portfolio's latest SEC N-PORT filing.
C000017788 Prospectus and SEC Filings
Official Brighthouse/Artisan Mid Cap Value Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-24
- Prospectus (485BPOS) — filed 2025-04-25
- Prospectus (485BPOS) — filed 2024-04-25
- Portfolio holdings (N-PORT) — filed 2026-08-27
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-27
- Annual census (N-CEN) — filed 2026-03-11
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other United States Mid Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.