Jennison Growth Portfolio
Data updated: 2026-08-27
C000017794 — Jennison Growth Portfolio. United States Large Cap Growth Equity · $2.87B AUM · 0.79% expense ratio. Holdings, fees, performance and SEC filings.
C000017794 Fund Overview
Jennison Growth Portfolio is a US mutual fund managed by Brighthouse Funds Trust II, categorised as United States Large Cap Growth 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 Large Cap Growth Equity
- Assets under management: $2.87B
- 1-year return: 11.4%
- SEC CIK: 0000710826
- SEC series ID: S000006508
- Share class ID: C000017794
C000017794 Investment Objective and Strategy
Jennison Growth 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 growth of capital.
Principal investment strategy
Jennison Associates LLC (Jennison or Subadviser), subadviser to the Portfolio, will normally invest at least 65% of the Portfolios assets in equity and equity-related securities of U.S. companies that exceed $1 billion in market capitalization and that Jennison believes have strong capital appreciation potential. These companies are generally considered to be in the medium-to-large capitalization range. The Portfolio may invest in common stocks, preferred stocks, convertible stocks, and equity interests in partnerships, joint ventures and other noncorporate entities. The Portfolio may also invest in rights that can be exercised for equity securities. The Portfolio may invest up to 20% of its assets in money market instruments and U.S. Government securities (e.g., obligations of the U.S. Government or its agencies or instrumentalities).
The Portfolio may invest up to 20% of its total assets in foreign securities. The 20% limitation on foreign securities does not apply to American Depositary Receipts (ADRs), American Depositary Shares or similar receipts and shares traded in U.S. markets. The Portfolio may have exposure to foreign currencies through its investment in foreign securities. The Portfolio may, from time to time, emphasize one or more sectors. Stock Selection Jennison follows a highly disciplined investment selection and management process to identify companies that show superior absolute and relative earnings growth and also are attractively valued. Earnings predictability and confidence in earnings forecasts are important parts of the selection process. The Portfolio invests in medium-to-large companies experiencing some or all of the following: above-average revenue and earnings per share growth, strong market position, improving profitability and distinctive attributes such as unique marketing ability, strong research and development, productive new product flow, and financial strength.
Such companies generally trade at high prices relative to their current earnings. The Portfolio will consider selling or reducing a stock position when, in the opinion of Jennison, the stock has experienced a fundamental disappointment in earnings; the stock has reached an intermediate-term price objective and its outlook no longer seems sufficiently promising; a relatively more attractive stock emerges; or the stock has experienced adverse price movement.
C000017794 Holdings
Top 10 holdings of Jennison Growth Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp | 10.47% |
| Apple Inc | 6.81% |
| Broadcom Inc | 6.61% |
| Amazon.com Inc | 5.86% |
| Eli Lilly & Co | 5.05% |
| Microsoft Corp | 4.35% |
| Advanced Micro Devices Inc | 4.15% |
| Alphabet Inc | 3.86% |
| Alphabet Inc | 3.80% |
| Meta Platforms Inc | 3.31% |
C000017794 Portfolio Allocation
Asset-class allocation of Jennison Growth Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.6% |
| Cash & Equivalents | 0.5% |
C000017794 Performance
Total returns for C000017794 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 5.2% |
| 1 year | 11.4% |
| 3 years (annualised) | 20.4% |
| 5 years (annualised) | 9.1% |
C000017794 Risk Information
Risk metrics for C000017794, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 19.0%
C000017794 Costs and Fees
C000017794 costs about $79 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.79%
- Gross expense ratio: 0.87%
- Portfolio turnover: 27%
- Brokerage commissions: 1.04 bps of average net assets (SEC N-CEN)
C000017794 Cashflows
Over the 12 months to 2026-06, Jennison Growth Portfolio had net inflows of $42.10M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $430.92M |
| 2026-05 | −$60.91M |
| 2026-04 | −$9.69M |
| 2026-03 | −$13.00M |
| 2026-02 | −$10.89M |
| 2026-01 | −$21.68M |
C000017794 Debt Constituents
No individual debt constituents are reported in Jennison Growth Portfolio's latest SEC N-PORT filing.
C000017794 Prospectus and SEC Filings
Official Jennison Growth 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 Large Cap Growth 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.