Brighthouse/Eaton Vance Floating Rate Portfolio
Data updated: 2026-08-27
C000088087 — Brighthouse/Eaton Vance Floating Rate Portfolio. Intermediate Corporate Bond · $507.39M AUM. Holdings, fees, performance and SEC filings.
C000088087 Fund Overview
Brighthouse/Eaton Vance Floating Rate Portfolio is a US mutual fund managed by Brighthouse Funds Trust I, categorised as Intermediate Corporate 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 I
- Category: Intermediate Corporate Bond
- Assets under management: $507.39M
- 1-year return: 2.8%
- SEC CIK: 0001126087
- SEC series ID: S000028757
- Share class ID: C000088087
C000088087 Investment Objective and Strategy
Brighthouse/Eaton Vance Floating Rate Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Brighthouse Funds Trust I.
Investment objective
A high level of current income.
Principal investment strategy
Eaton Vance Management (Eaton Vance or Subadviser), subadviser to the Portfolio, invests, under normal circumstances, at least 80% of the Portfolios net assets in income producing floating rate loans and other floating rate debt securities. The Portfolio invests primarily in senior floating rate loans of domestic and foreign borrowers (Senior Loans). Senior Loans typically are secured with specific collateral and have a claim on the assets and/or stock of the borrower that is senior to subordinated debtholders and stockholders of the borrower. Loans typically are of below investment grade quality and have below investment grade credit ratings, which ratings are associated with securities having high yield/high risk, speculative characteristics. The Portfolio may also invest in secured and unsecured subordinated loans, second lien loans and subordinated bridge loans (Junior Loans).
In addition, the Portfolio may invest in other floating rate debt securities, fixed income debt obligations and money market instruments, which may include bonds, notes and debentures issued by corporations; debt securities issued or guaranteed by the U.S. Government or one of its agencies or instrumentalities; and commercial paper. Those money market instruments with a remaining maturity of less than 60 days will be deemed floating rate debt securities. Senior Loans and Junior Loans are referred to together herein as loans. The Portfolio may invest up to 20% of its total assets in foreign Senior Loans and foreign securities. Foreign Senior Loans must be U.S. dollar denominated or be denominated in Euros, British pounds, Swiss francs, or Canadian dollars (each such foreign currency, an Authorized Foreign Currency).
Eaton Vances portfolio managers seek to maintain broad borrower and industry diversification among the Portfolios loans. When selecting loans, the portfolio managers seek to implement a systematic risk-weighted approach that utilizes fundamental analysis of risk/return characteristics. Loans may be sold if, in the opinion of Eaton Vances portfolio managers, the risk-return profile deteriorates or if the portfolio managers wish to pursue more attractive investment opportunities. In managing the Portfolio, Eaton Vance seeks to invest in a portfolio of loans that it believes will be less volatile over time than the general loan market. Preservation of capital is considered when consistent with the Portfolios objective. For more information about the types of investments in which the Portfolio may invest, please see Investment Strategies and Risks in the Statement of Additional Information.
C000088087 Holdings
Top 10 holdings of Brighthouse/Eaton Vance Floating Rate Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fixed Income Clearing Corp. | 7.28% |
| Opal Bidco Sas | 0.74% |
| UKG Inc | 0.73% |
| EOC Borrower LLC | 0.68% |
| Voyager Parent LLC | 0.66% |
| Ai Aqua Merger Sub, Inc. | 0.62% |
| Electronic Arts, Inc. | 0.62% |
| TransDigm Inc | 0.59% |
| Sedgwick Claims Management Services Inc | 0.58% |
| HUB International Limited | 0.58% |
C000088087 Portfolio Allocation
Asset-class allocation of Brighthouse/Eaton Vance Floating Rate Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Loans | 89.2% |
| Cash & Equivalents | 7.3% |
| Securitized | 3.0% |
| Fixed Income | 2.9% |
| Equity | 1.1% |
C000088087 Performance
Total returns for C000088087 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.8% |
| 1 year | 2.8% |
| 3 years (annualised) | 5.9% |
| 5 years (annualised) | 4.7% |
C000088087 Risk Information
Risk metrics for C000088087, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 1.5%
C000088087 Costs and Fees
C000088087 costs about $70 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.70%
- Gross expense ratio: 0.73%
- Portfolio turnover: 34%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000088087 Cashflows
Over the 12 months to 2026-06, Brighthouse/Eaton Vance Floating Rate Portfolio had net inflows of $4.72M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $36.75M |
| 2026-05 | −$1.39M |
| 2026-04 | −$1.51M |
| 2026-03 | −$11.42M |
| 2026-02 | $64.52K |
| 2026-01 | −$1.92M |
C000088087 Debt Constituents
Largest debt holdings of Brighthouse/Eaton Vance Floating Rate Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Crc Insurance Group LLC | 0.36% |
| American Airlines/aadvan | 0.30% |
| Diebold Nixdorf, Inc. | 0.19% |
| Capstone Borrower, Inc. | 0.19% |
| Asurion Llc/asurion Co. | 0.18% |
| Ukg, Inc. | 0.16% |
| Focus Financial Partners | 0.15% |
| Virgin Media Secured Fin | 0.13% |
| Amwins Group, Inc. | 0.12% |
| Ncr Atleos LLC | 0.11% |
C000088087 Prospectus and SEC Filings
Official Brighthouse/Eaton Vance Floating Rate 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 Intermediate Corporate 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.