Western Asset Management U.S. Government Portfolio
Data updated: 2026-05-28
C000017845 — Western Asset Management U.S. Government Portfolio data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Treasury / Sovereign Bond · $1.20B AUM · 0.50% expense ratio · 4.7% 1-yr return. From SEC regulatory filings.
C000017845 Fund Overview
Western Asset Management U.S. Government Portfolio is a US mutual fund managed by Brighthouse Funds Trust II, categorised as Long Treasury / Sovereign Bond. 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: Long Treasury / Sovereign Bond
- Assets under management: $1.20B
- 1-year return: 4.7%
- SEC CIK: 0000710826
- SEC series ID: S000006527
- Share class ID: C000017845
C000017845 Holdings
Top 10 holdings of Western Asset Management U.S. Government Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| United States Treasury | 7.38% |
| United States Treasury | 7.15% |
| United States Treasury | 4.98% |
| Rfc Principal Strip | 4.88% |
| Rfc Principal Strip | 3.65% |
| Fannie Mae | 2.12% |
| Tenn Valley Authority | 1.71% |
| Federal Home Loan Bank | 1.64% |
| United States Treasury | 1.51% |
| Umbs, Tba | 1.46% |
C000017845 Portfolio Allocation
Asset-class allocation of Western Asset Management U.S. Government Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 60.1% |
| Securitized | 42.6% |
| Cash & Equivalents | 1.0% |
C000017845 Performance
Total returns for C000017845 (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.3% |
| 1 year | 4.7% |
| 3 years (annualised) | 4.0% |
| 5 years (annualised) | 0.9% |
C000017845 Risk Information
Risk metrics for C000017845, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.7%
C000017845 Costs and Fees
C000017845 costs about $50 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.50%
- Gross expense ratio: 0.53%
- Portfolio turnover: 185%
- Brokerage commissions: 0.09 bps of average net assets (SEC N-CEN)
C000017845 Cashflows
Over the 12 months to 2026-03, Western Asset Management U.S. Government Portfolio had net outflows of $93.82M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | −$32.67M |
| 2026-02 | −$6.85M |
| 2026-01 | −$1.07M |
| 2025-12 | −$8.78M |
| 2025-11 | −$21.42M |
| 2025-10 | −$12.70M |
C000017845 Debt Constituents
Largest debt holdings of Western Asset Management U.S. Government Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury | 7.38% |
| United States Treasury | 7.15% |
| United States Treasury | 4.98% |
| Rfc Principal Strip | 4.88% |
| Rfc Principal Strip | 3.65% |
| Fannie Mae | 2.12% |
| Tenn Valley Authority | 1.71% |
| Federal Home Loan Bank | 1.64% |
| United States Treasury | 1.51% |
| Freddie Mac | 1.25% |
C000017845 Prospectus and SEC Filings
Official Western Asset Management U.S. Government Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Treasury / Sovereign Bond 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.