# Western Asset Management U.S. Government Portfolio

Western Asset Management U.S. Government Portfolio is a registered fund series of Brighthouse Funds Trust II (series S000006527). Net assets $1.2B as of 2026-03-31.

## Profile

- Series ID: S000006527
- Registrant: Brighthouse Funds Trust II
- LEI: 549300EGJ01DADX3JK13
- Net assets: $1.2B
- Total assets: $1.3B
- As of: 2026-03-31

## Advisers

- [Brighthouse Investment Advisers, LLC (Advisor)](https://search.stillhousedata.com/firm/107312)
- [Western Asset Management Company, LLC (Subadvisor)](https://search.stillhousedata.com/firm/110441)

## Top holdings (200 reported)

_Showing 15 of 200 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [United States Treasury](https://search.stillhousedata.com/security/91282CKR1) | — | $88.6M | 738.30% |
| [United States Treasury](https://search.stillhousedata.com/security/91282CND9) | — | $85.9M | 715.28% |
| [United States Treasury](https://search.stillhousedata.com/security/91282CKU4) | — | $59.8M | 498.24% |
| [RFC PRINCIPAL STRIP](https://search.stillhousedata.com/security/76116FAC1) | — | $58.6M | 487.77% |
| [RFC PRINCIPAL STRIP](https://search.stillhousedata.com/security/76116FAB3) | — | $43.9M | 365.23% |
| [FANNIE MAE](https://search.stillhousedata.com/security/31358DDR2) | — | $25.5M | 212.01% |
| [TENN VALLEY AUTHORITY](https://search.stillhousedata.com/security/880591FD9) | — | $20.6M | 171.18% |
| [FEDERAL HOME LOAN BANK](https://search.stillhousedata.com/security/3130AQUT8) | — | $19.7M | 164.09% |
| [United States Treasury](https://search.stillhousedata.com/security/91282CHW4) | — | $18.1M | 151.07% |
| [UMBS, TBA](https://search.stillhousedata.com/security/01F052649) | — | $17.5M | 145.58% |
| [FREDDIE MAC](https://search.stillhousedata.com/security/3128X9MG2) | — | $15.0M | 125.26% |
| [TENN VALLEY AUTHORITY](https://search.stillhousedata.com/security/880591EZ1) | — | $15.0M | 125.06% |
| [FEDERAL HOME LOAN BANK](https://search.stillhousedata.com/security/3130APJ55) | — | $14.8M | 123.16% |
| [RESOLUTION FUNDING STRIP](https://search.stillhousedata.com/security/76116EGQ7) | — | $12.3M | 102.10% |
| [FEDERAL HOME LOAN BANK](https://search.stillhousedata.com/security/3130ALJJ4) | — | $12.1M | 100.44% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-03-31 | $1.2B |
| 2025-12-31 | $1.2B |
| 2025-09-30 | $1.3B |
| 2025-06-30 | $1.3B |
| 2025-03-31 | $1.3B |
| 2024-12-31 | $1.3B |
| 2024-09-30 | $1.4B |
| 2024-06-30 | $1.4B |

## More

- [Registrant: Brighthouse Funds Trust II](https://search.stillhousedata.com/registrant/710826)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000006527.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

---

Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.