N-Q 1 d605905dnq.htm METROPOLITAN SERIES FUND Metropolitan Series Fund
Table of Contents

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM N-Q

 

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number: 811-3618

 

 

Metropolitan Series Fund

(Exact name of registrant as specified in charter)

 

 

One Financial Center

675 Atlantic Avenue

Boston, Massachusetts 02111

(Address of Principal Executive Office)

 

 

PETER H. DUFFY

MetLife Advisers, LLC

One Financial Center

675 Atlantic Avenue

Boston, Massachusetts 02111

(Name and address of agent for service)

 

 

Copy to:

DAVID C. MAHAFFEY, ESQ.

Sullivan & Worcester LLP

1666 K Street, N.W.

Washington, D.C. 20006

 

 

Registrant’s telephone number, including area code: 617-578-3408

Date of fiscal year end: December 31

Date of reporting period: July 1, 2013 to September 30, 2013

 

 

Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. §3507.

 

 

 


Table of Contents

Item 1. Schedule of Investments.

The following is a copy of the unaudited schedules as of the close of the reporting period as set forth in §§ 210.12-12 – 12-14 of Regulation S-X [17 CFR 210.12-12 – 12.14]:


Table of Contents
                   
LOGO
    Metropolitan Series Fund
   

 

Schedule of Investments

     
           
     

September 30, 2013

 

         
   LOGO


Table of Contents

Metropolitan Series Fund

Table of Contents

 

Schedule of Investments as of September 30, 2013   

Baillie Gifford International Stock Portfolio

   MSF-1

Barclays Aggregate Bond Index Portfolio

   MSF-5

BlackRock Bond Income Portfolio

   MSF-18

BlackRock Capital Appreciation Portfolio

   MSF-33

BlackRock Diversified Portfolio

   MSF-36

BlackRock Large Cap Value Portfolio

   MSF-51

BlackRock Money Market Portfolio

   MSF-54

Davis Venture Value Portfolio

   MSF-57

Frontier Mid Cap Growth Portfolio

   MSF-61

Jennison Growth Portfolio

   MSF-64

Loomis Sayles Small Cap Core Portfolio

   MSF-67

Loomis Sayles Small Cap Growth Portfolio

   MSF-72

Met/Artisan Mid Cap Value Portfolio

   MSF-75

Met/Dimensional International Small Company Portfolio

   MSF-78

MetLife Conservative Allocation Portfolio

   MSF-116

MetLife Conservative to Moderate Allocation Portfolio

   MSF-118

MetLife Mid Cap Stock Index Portfolio

   MSF-120

MetLife Moderate Allocation Portfolio

   MSF-127

MetLife Moderate to Aggressive Allocation Portfolio

   MSF-129

MetLife Stock Index Portfolio

   MSF-131

MFS Total Return Portfolio

   MSF-139

MFS Value Portfolio

   MSF-152

MSCI EAFE Index Portfolio

   MSF-157

Neuberger Berman Genesis Portfolio

   MSF-168

Russell 2000 Index Portfolio

   MSF-173

T. Rowe Price Large Cap Growth Portfolio

   MSF-192

T. Rowe Price Small Cap Growth Portfolio

   MSF-197

Van Eck Global Natural Resources Portfolio

   MSF-203

Western Asset Management Strategic Bond Opportunities Portfolio

   MSF-205

Western Asset Management U.S. Government Portfolio

   MSF-222

Notes to Schedule of Investments

   MSF-228

 

Not all Portfolios are available under every product.

Refer to your prospectus for information on the Portfolios that are available.

 


Table of Contents

Metropolitan Series Fund

Baillie Gifford International Stock Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stock—99.2% of Net Assets

 

Security Description   Shares     Value  

Argentina—1.8%

  

MercadoLibre, Inc. (a)

    272,400      $ 36,749,484   
   

 

 

 

Australia—4.3%

  

Brambles, Ltd.

    2,699,158        22,955,630   

Cochlear, Ltd. (a)

    274,533        15,497,392   

James Hardie Industries NV

    2,036,075        20,289,057   

Treasury Wine Estates, Ltd.

    2,934,567        12,105,676   

Woolworths, Ltd.

    545,520        17,819,264   
   

 

 

 
      88,667,019   
   

 

 

 

Belgium—0.6%

  

Groupe Bruxelles Lambert S.A.

    139,933        11,902,284   
   

 

 

 

Brazil—1.5%

  

Embraer S.A. (ADR)

    596,376        19,364,328   

Itau Unibanco Holding S.A. (ADR)

    818,290        11,554,255   
   

 

 

 
      30,918,583   
   

 

 

 

Canada—2.8%

  

Cenovus Energy, Inc.

    318,499        9,505,033   

Fairfax Financial Holdings, Ltd.

    75,060        30,354,831   

Ritchie Bros. Auctioneers, Inc. (a)

    509,626        10,284,253   

Westport Innovations, Inc. (a) (b)

    302,851        7,329,814   
   

 

 

 
      57,473,931   
   

 

 

 

China—4.4%

  

Baidu, Inc. (ADR) (b)

    193,800        30,073,884   

China Mobile, Ltd.

    1,750,000        19,708,966   

China Shenhua Energy Co., Ltd.

    6,223,500        18,903,349   

Kunlun Energy Co., Ltd.

    1,784,000        2,507,408   

Want Want China Holdings, Ltd. (a)

    12,988,626        19,717,355   
   

 

 

 
      90,910,962   
   

 

 

 

Denmark—3.2%

  

DSV A/S

    864,812        24,530,067   

Novo Nordisk A/S

    122,992        20,850,592   

Novozymes A/S

    517,776        19,804,149   
   

 

 

 
      65,184,808   
   

 

 

 

Finland—3.7%

  

Kone Oyj (a)

    513,702        45,899,475   

Sampo Oyj

    690,537        29,677,812   
   

 

 

 
      75,577,287   
   

 

 

 

France—3.3%

  

Cie Generale d’Optique Essilor International S.A.

    254,794        27,412,685   

Edenred S.A. (a)

    595,720        19,347,459   

Lafarge S.A. (a)

    294,243        20,494,593   
   

 

 

 
      67,254,737   
   

 

 

 

Germany—6.0%

  

Brenntag AG

    117,311        19,536,895   

Continental AG

    149,679        25,369,239   

Germany—(Continued)

  

 

Deutsche Boerse AG

    441,022      33,186,305   

SAP AG

    267,608        19,779,453   

Sky Deutschland AG (b)

    2,879,333        26,546,961   
   

 

 

 
      124,418,853   
   

 

 

 

Hong Kong—2.7%

  

Hang Seng Bank, Ltd. (a)

    1,066,800        17,384,317   

Hong Kong Exchanges & Clearing, Ltd. (a)

    1,914,000        30,676,330   

Sun Art Retail Group, Ltd. (a)

    5,354,000        7,674,854   
   

 

 

 
      55,735,501   
   

 

 

 

India—0.4%

  

Infrastructure Development Finance Co., Ltd.

    5,752,537        8,121,611   
   

 

 

 

Ireland—2.4%

  

CRH plc

    774,129        18,532,937   

Ryanair Holdings plc (ADR) (b)

    622,235        30,949,969   
   

 

 

 
      49,482,906   
   

 

 

 

Japan—8.7%

  

Fanuc Corp.

    125,500        20,753,443   

Fast Retailing Co., Ltd.

    71,400        26,940,413   

Rakuten, Inc.

    2,303,000        34,995,260   

Shimano, Inc. (a)

    198,600        17,769,587   

SMC Corp. (a)

    114,500        27,332,764   

Tokyo Electron, Ltd. (a)

    273,800        14,728,320   

Toyota Tsusho Corp. (a)

    751,400        19,675,126   

Trend Micro, Inc.

    490,400        18,307,037   
   

 

 

 
      180,501,950   
   

 

 

 

Netherlands—2.7%

  

Heineken Holding NV

    419,645        26,550,692   

Unilever NV

    750,199        29,194,158   
   

 

 

 
      55,744,850   
   

 

 

 

Norway—1.4%

  

Aker Solutions ASA

    968,500        13,604,906   

Seadrill, Ltd. (a)

    344,237        15,459,539   
   

 

 

 
      29,064,445   
   

 

 

 

Peru—0.9%

  

Credicorp, Ltd.

    140,726        18,077,662   
   

 

 

 

Portugal—0.4%

  

Galp Energia, SGPS, S.A.

    468,009        7,799,424   
   

 

 

 

Russia—2.3%

  

Magnit OAO (GDR)

    497,695        30,661,735   

Sberbank of Russia (ADR) (b)

    1,362,889        16,424,553   
   

 

 

 
      47,086,288   
   

 

 

 

Singapore—1.5%

  

United Overseas Bank, Ltd.

    1,937,000        31,940,106   
   

 

 

 

 

MSF-1


Table of Contents

Metropolitan Series Fund

Baillie Gifford International Stock Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stock—(Continued)

 

Security Description       
    
Shares
    Value  

South Africa—3.4%

  

Massmart Holdings, Ltd. (a)

    889,941      $ 14,899,697   

Naspers, Ltd.

    602,801        55,608,982   
   

 

 

 
      70,508,679   
   

 

 

 

South Korea—4.4%

  

Hyundai Mobis

    51,216        13,637,401   

NHN Corp. (b)

    35,659        18,498,410   

Samsung Electronics Co., Ltd.

    46,243        58,548,446   
   

 

 

 
      90,684,257   
   

 

 

 

Spain—1.7%

  

Inditex S.A.

    233,779        36,125,485   
   

 

 

 

Sweden—5.3%

  

Atlas Copco AB (Series B)

    1,656,195        43,794,995   

Svenska Handelsbanken AB

    1,060,553        45,377,012   

Volvo AB (Series B) (b)

    1,382,666        20,713,844   
   

 

 

 
      109,885,851   
   

 

 

 

Switzerland—2.7%

  

Nestle S.A.

    801,802        56,159,918   
   

 

 

 

Taiwan—3.2%

  

Hon Hai Precision Industry Co., Ltd.

    6,119,410        15,692,281   

Taiwan Semiconductor Manufacturing Co., Ltd.

    14,711,000        50,018,969   
   

 

 

 
      65,711,250   
   

 

 

 

Turkey—1.4%

  

BIM Birlesik Magazalar AS (a)

    790,310        16,280,594   

Turkiye Garanti Bankasi AS

    3,050,227        12,028,111   
   

 

 

 
      28,308,705   
   

 

 

 

United Kingdom—21.4%

  

Amlin plc (a)

    3,329,100        21,857,556   

Antofagasta plc

    1,060,700        14,079,281   

ARM Holdings plc

    2,611,400        41,810,209   

BG Group plc

    955,000        18,256,107   

BHP Billiton plc

    545,800        16,075,854   

British American Tobacco plc

    747,911        39,684,513   

Burberry Group plc

    618,000        16,365,986   

Capita Group plc

    1,792,300        28,887,360   

Experian plc

    1,577,300        30,043,096   

Hargreaves Lansdown plc

    1,016,100        16,113,064   

Petrofac, Ltd.

    758,200        17,271,913   

Premier Farnell plc

    3,453,984        12,162,690   

Prudential plc

    1,738,723        32,414,295   

Rio Tinto plc

    929,600        45,526,345   

St. James’s Place plc

    1,468,302        14,628,006   

Standard Chartered plc

    772,280        18,522,922   

Tullow Oil plc

    1,800,125        29,864,960   

Wolseley plc

    560,878        29,039,342   
   

 

 

 
      442,603,499   
   

 

 

 

United States—0.7%

  

Pricesmart, Inc. (a)

    148,602      14,152,854   
   

 

 

 

Total Common Stock
(Identified Cost $1,751,331,301)

      2,046,753,189   
   

 

 

 
Short Term Investments—9.8%           

United States—9.8%

   

Fixed Income Clearing Corp. Repurchase Agreement dated 09/30/13 at 0.000% to be repurchased at $11,814,000 on 10/01/13, collateralized by $11,445,000 U.S. Treasury Note at 0.250% due 09/30/15 with a value of $11,430,694, and by $630,000 U.S. Treasury Note at 0.625% due 08/31/17 with a value of $620,550

  $ 11,814,000        11,814,000   

State Street Navigator Securities Lending MET Portfolio (c)

    191,396,512        191,396,512   
   

 

 

 

Total Short Term Investments
(Identified Cost $203,210,512)

      203,210,512   
   

 

 

 

Total Investments—109.0%
(Identified Cost $1,954,541,813) (d)

      2,249,963,701   

Other assets and liabilities (net)—(9.0)%

      (185,030,544
   

 

 

 
Net Assets—100.0%     $ 2,064,933,157   
   

 

 

 

 

(a) All or a portion of the security was on loan. As of September 30, 2013, the market value of securities loaned was $185,128,995 and the collateral received consisted of cash in the amount of $191,396,512 and non-cash collateral with a value of $2,575,321. The cash collateral is invested in a money market fund managed by an affiliate of the custodian. The non-cash collateral received consists primarily of government securities and bank letters of credit, and is held for the benefit of the Portfolio at the Portfolio’s custodian. The Portfolio cannot repledge or resell this collateral.
(b) Non-Income Producing.
(c) Represents investment of cash collateral received from securities lending transactions.
(d) As of September 30, 2013, the aggregate cost of investments was $1,954,541,813. The aggregate unrealized appreciation and depreciation of investments was $358,821,589 and $(63,399,701), respectively, resulting in net unrealized appreciation of $295,421,888.
(ADR)— An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. Trading on exchanges not located in the United States or Canada significantly influences the value of ADRs.
(GDR)— A Global Depository Receipt is a negotiable certificate issued by one country’s bank against a certain number of shares of a company’s stock held in its custody but traded on the stock exchange of another country.

 

MSF-2


Table of Contents

Metropolitan Series Fund

Baillie Gifford International Stock Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

 

Ten Largest Industries as of
September 30, 2013

  

% of
Net Assets

 

Commercial Banks

     8.4%   

Machinery

     8.0%   

Semiconductors & Semiconductor Equipment

     8.0%   

Insurance

     6.2%   

Food Products

     5.1%   

Food & Staples Retailing

     4.9%   

Oil, Gas & Consumable Fuels

     4.2%   

Internet Software & Services

     4.1%   

Diversified Financial Services

     4.1%   

Media

     4.0%   

 

MSF-3


Table of Contents

Metropolitan Series Fund

Baillie Gifford International Stock Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

Fair Value Hierarchy

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive if it were to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. GAAP establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1      Level 2     Level 3      Total  
Common Stock           

Argentina

   $ 36,749,484       $ —        $ —         $ 36,749,484   

Australia

     —           88,667,019        —           88,667,019   

Belgium

     —           11,902,284        —           11,902,284   

Brazil

     30,918,583         —          —           30,918,583   

Canada

     57,473,931         —          —           57,473,931   

China

     30,073,884         60,837,078        —           90,910,962   

Denmark

     —           65,184,808        —           65,184,808   

Finland

     —           75,577,287        —           75,577,287   

France

     —           67,254,737        —           67,254,737   

Germany

     —           124,418,853        —           124,418,853   

Hong Kong

     —           55,735,501        —           55,735,501   

India

     —           8,121,611        —           8,121,611   

Ireland

     30,949,969         18,532,937        —           49,482,906   

Japan

     —           180,501,950        —           180,501,950   

Netherlands

     —           55,744,850        —           55,744,850   

Norway

     —           29,064,445        —           29,064,445   

Peru

     18,077,662         —          —           18,077,662   

Portugal

     —           7,799,424        —           7,799,424   

Russia

     —           47,086,288        —           47,086,288   

Singapore

     —           31,940,106        —           31,940,106   

South Africa

     —           70,508,679        —           70,508,679   

South Korea

     —           90,684,257        —           90,684,257   

Spain

     —           36,125,485        —           36,125,485   

Sweden

     —           109,885,851        —           109,885,851   

Switzerland

     —           56,159,918        —           56,159,918   

Taiwan

     —           65,711,250        —           65,711,250   

Turkey

     —           28,308,705        —           28,308,705   

United Kingdom

     —           442,603,499        —           442,603,499   

United States

     14,152,854         —          —           14,152,854   

Total Common Stock

     218,396,367         1,828,356,822        —           2,046,753,189   

Short Term Investments

          

United States

     191,396,512         11,814,000        —           203,210,512   

Total Investments

   $ 409,792,879       $ 1,840,170,822      $ —         $ 2,249,963,701   
                                    

Collateral for Securities Loaned (Liability)

   $ —         $ (191,396,512   $ —         $ (191,396,512

 

MSF-4


Table of Contents

Metropolitan Series Fund

Barclays Aggregate Bond Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

U.S. Treasury & Government Agencies—69.9% of Net Assets

 

Security Description   Principal
Amount*
    Value  

Agency Sponsored Mortgage-Backed—29.1%

  

 

Fannie Mae 15 Yr. Pool

   

2.500%, 12/01/27

    6,162,336      $ 6,205,371   

2.500%, 02/01/28

    4,588,854        4,618,778   

2.500%, 07/01/28

    7,857,980        7,913,007   

3.000%, 01/01/27

    2,711,350        2,808,805   

3.000%, 02/01/27

    4,481,095        4,642,600   

3.000%, 03/01/27

    2,230,341        2,310,725   

3.500%, 02/01/26

    4,284,957        4,525,099   

3.500%, 03/01/26

    1,695,759        1,790,795   

4.000%, 04/01/19

    234,404        248,897   

4.000%, 05/01/19

    498,376        529,189   

4.000%, 01/01/20

    489,042        519,204   

4.000%, 06/01/24

    1,060,242        1,126,100   

4.000%, 08/01/25

    1,599,523        1,699,221   

4.500%, 07/01/18

    747,933        794,263   

4.500%, 05/01/19

    251,940        267,591   

4.500%, 08/01/24

    1,183,537        1,257,180   

4.500%, 06/01/25

    2,189,753        2,326,741   

5.000%, 06/01/18

    218,937        232,560   

5.000%, 01/01/19

    483,302        513,486   

5.000%, 02/01/20

    474,776        504,418   

5.000%, 01/01/22

    553,083        587,540   

5.000%, 02/01/24

    1,658,974        1,761,598   

5.500%, 11/01/17

    104,688        111,573   

5.500%, 02/01/18

    74,312        79,853   

5.500%, 04/01/18

    603,963        648,996   

6.000%, 10/01/13

    52        52   

6.000%, 03/01/14

    1,971        1,976   

6.000%, 06/01/14

    371        373   

6.000%, 07/01/14

    2,081        2,093   

6.000%, 09/01/17

    206,671        223,029   

6.500%, 06/01/14

    448        451   

6.500%, 04/01/17

    598,938        634,922   

7.000%, 02/01/14

    43        43   

7.500%, 08/01/15

    2,536        2,613   

Fannie Mae 20 Yr. Pool

   

3.000%, 02/01/33

    2,759,540        2,761,516   

3.500%, 04/01/32

    2,990,341        3,107,069   

4.000%, 02/01/31

    1,618,902        1,716,119   

4.500%, 08/01/30

    1,140,565        1,217,036   

5.000%, 02/01/24

    444,385        481,695   

5.000%, 09/01/25

    380,987        412,810   

5.500%, 07/01/23

    270,454        294,721   

5.500%, 01/01/24

    173,098        188,630   

5.500%, 07/01/24

    500,270        546,570   

7.000%, 10/01/21

    25,024        28,232   

Fannie Mae 30 Yr. Pool

   

3.000%, 08/01/42

    1,961,127        1,917,696   

3.000%, 09/01/42

    3,147,392        3,077,691   

3.000%, 11/01/42

    3,707,174        3,625,076   

3.000%, 12/01/42

    6,529,103        6,384,513   

3.000%, 01/01/43

    1,770,307        1,731,102   

3.000%, 02/01/43

    5,662,048        5,536,841   

3.000%, 03/01/43

    7,521,073        7,354,256   

3.000%, 07/01/43

    5,992,548        5,859,635   

3.000%, 09/01/43

    4,163,918        4,071,562   

Agency Sponsored Mortgage-Backed—(Continued)

  

 

Fannie Mae 30 Yr. Pool

   

3.500%, 12/01/40

    3,172,967      3,232,852   

3.500%, 03/01/42

    1,956,255        1,993,343   

3.500%, 04/01/42

    4,309,124        4,389,789   

3.500%, 05/01/42

    5,255,249        5,354,880   

3.500%, 06/01/42

    3,861,887        3,935,102   

3.500%, 08/01/42

    2,644,361        2,694,494   

3.500%, 09/01/42

    3,508,384        3,574,897   

3.500%, 10/01/42

    3,531,898        3,598,857   

3.500%, 01/01/43

    3,082,068        3,140,499   

3.500%, 02/01/43

    4,888,050        4,980,719   

3.500%, 06/01/43

    2,885,379        2,940,275   

4.000%, 08/01/39

    2,441,830        2,560,333   

4.000%, 09/01/39

    1,899,416        1,991,595   

4.000%, 12/01/39

    2,405,337        2,522,069   

4.000%, 06/01/40

    2,318,631        2,431,678   

4.000%, 09/01/40

    1,553,883        1,629,644   

4.000%, 12/01/40

    9,472,296        9,934,127   

4.000%, 01/01/41

    5,932,431        6,222,052   

4.000%, 12/01/41

    2,592,645        2,719,383   

4.000%, 02/01/42

    2,695,879        2,849,741   

4.500%, 08/01/33

    475,837        507,893   

4.500%, 10/01/33

    547,542        584,430   

4.500%, 04/01/34

    377,604        403,116   

4.500%, 01/01/39

    474,322        505,928   

4.500%, 07/01/39

    3,076,507        3,283,591   

4.500%, 09/01/39

    5,272,039        5,626,907   

4.500%, 10/01/39

    1,994,706        2,128,972   

4.500%, 05/01/40

    2,553,451        2,729,251   

4.500%, 11/01/40

    2,585,861        2,763,892   

4.500%, 12/01/40

    3,504,185        3,745,441   

4.500%, 04/01/41

    4,597,711        4,918,177   

4.500%, 05/01/41

    2,340,901        2,504,064   

5.000%, 07/01/33

    382,992        418,369   

5.000%, 08/01/33

    985,787        1,076,845   

5.000%, 09/01/33

    513,395        560,818   

5.000%, 10/01/33

    3,753,301        4,099,998   

5.000%, 03/01/34

    577,365        630,697   

5.000%, 04/01/34

    1,406,984        1,531,291   

5.000%, 05/01/34

    234,345        254,334   

5.000%, 09/01/34

    571,752        620,519   

5.000%, 02/01/35

    676,364        734,055   

5.000%, 04/01/35

    398,274        431,001   

5.000%, 05/01/35

    98,842        106,964   

5.000%, 11/01/35

    463,658        501,758   

5.000%, 03/01/36

    1,510,203        1,634,298   

5.000%, 07/01/37

    1,383,670        1,496,737   

5.000%, 01/01/39

    1,326,464        1,434,861   

5.000%, 04/01/40

    3,520,302        3,832,644   

5.000%, 07/01/41

    2,695,396        2,941,813   

5.500%, 07/01/25

    412,728        451,486   

5.500%, 10/01/32

    74,935        82,185   

5.500%, 02/01/33

    324,328        356,154   

5.500%, 03/01/33

    718,559        789,072   

5.500%, 05/01/33

    2,346,819        2,577,112   

5.500%, 08/01/33

    1,251,833        1,374,676   

 

MSF-5


Table of Contents

Metropolitan Series Fund

Barclays Aggregate Bond Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

U.S. Treasury & Government Agencies—(Continued)

 

Security Description   Principal
Amount*
    Value  

Agency Sponsored Mortgage-Backed—(Continued)

  

 

Fannie Mae 30 Yr. Pool

   

5.500%, 10/01/33

    201,705      $ 221,498   

5.500%, 12/01/33

    1,740,704        1,911,519   

5.500%, 02/01/34

    750,234        825,182   

5.500%, 03/01/34

    295,976        325,543   

5.500%, 04/01/34

    144,798        159,263   

5.500%, 06/01/34

    503,181        553,449   

5.500%, 09/01/34

    504,570        554,976   

5.500%, 12/01/34

    1,232,687        1,355,831   

5.500%, 01/01/35

    398,993        438,852   

5.500%, 02/01/35

    890,799        979,789   

5.500%, 04/01/35

    562,553        613,683   

5.500%, 06/01/35

    1,880,223        2,051,116   

5.500%, 01/01/37

    808,891        879,311   

5.500%, 05/01/37

    344,379        374,262   

5.500%, 05/01/38

    424,564        461,484   

5.500%, 06/01/38

    441,622        480,026   

5.500%, 07/01/38

    454,602        494,135   

6.000%, 08/01/28

    3,841        4,244   

6.000%, 11/01/28

    1,655        1,828   

6.000%, 12/01/28

    1,923        2,125   

6.000%, 06/01/31

    77,461        85,668   

6.000%, 09/01/32

    215,725        238,462   

6.000%, 01/01/33

    58,741        64,933   

6.000%, 02/01/33

    112,940        124,866   

6.000%, 03/01/33

    196,507        217,257   

6.000%, 04/01/33

    457,291        505,579   

6.000%, 05/01/33

    520,540        575,505   

6.000%, 05/01/34

    562,970        622,020   

6.000%, 09/01/34

    475,160        525,000   

6.000%, 11/01/34

    823,876        910,292   

6.000%, 01/01/35

    369,036        403,532   

6.000%, 07/01/36

    185,525        202,354   

6.000%, 09/01/36

    451,988        492,987   

6.000%, 07/01/37

    599,306        653,467   

6.000%, 08/01/37

    688,062        750,243   

6.000%, 09/01/37

    1,639,648        1,787,826   

6.000%, 10/01/37

    646,760        705,209   

6.000%, 05/01/38

    2,079,285        2,267,193   

6.000%, 12/01/38

    560,637        611,283   

6.500%, 05/01/28

    97,557        110,441   

6.500%, 12/01/28

    235,297        266,372   

6.500%, 03/01/29

    6,812        7,713   

6.500%, 04/01/29

    47,401        53,672   

6.500%, 05/01/29

    11,197        12,678   

6.500%, 08/01/29

    1,820        2,061   

6.500%, 05/01/30

    34,488        39,050   

6.500%, 09/01/31

    6,735        7,598   

6.500%, 02/01/32

    8,123        8,978   

6.500%, 06/01/32

    60,543        68,288   

6.500%, 09/01/33

    23,972        27,037   

6.500%, 10/01/33

    140,039        157,947   

6.500%, 10/01/34

    548,265        618,374   

6.500%, 10/01/37

    348,752        385,894   

7.000%, 06/01/26

    957        1,069   

7.000%, 06/01/28

    31,431        36,176   

Agency Sponsored Mortgage-Backed—(Continued)

  

 

Fannie Mae 30 Yr. Pool

   

7.000%, 10/01/29

    18,954      21,815   

7.000%, 12/01/29

    4,106        4,726   

7.000%, 01/01/32

    79,120        91,032   

7.000%, 04/01/32

    41,286        47,400   

7.000%, 06/01/32

    102,834        118,064   

7.000%, 10/01/37

    409,916        461,569   

7.500%, 09/01/25

    7,802        8,960   

7.500%, 06/01/26

    8,579        9,426   

7.500%, 09/01/27

    1,102        1,143   

7.500%, 08/01/28

    427        435   

7.500%, 07/01/29

    21,265        25,018   

7.500%, 10/01/29

    8,931        10,285   

8.000%, 10/01/26

    484        518   

8.000%, 11/01/29

    322        376   

8.000%, 05/01/30

    18,995        20,080   

8.000%, 11/01/30

    5,441        6,392   

8.000%, 01/01/31

    7,621        8,839   

8.000%, 02/01/31

    11,082        13,014   

Fannie Mae ARM Pool

   

2.780%, 02/01/42 (a)

    3,514,750        3,619,431   

3.163%, 10/01/41 (a)

    1,569,069        1,639,943   

3.519%, 05/01/41 (a)

    2,690,212        2,832,014   

4.829%, 11/01/36 (a)

    229,724        242,547   

Freddie Mac 15 Yr. Gold Pool

   

2.500%, 12/01/27

    2,692,877        2,709,594   

2.500%, 02/01/28

    4,656,724        4,692,528   

2.500%, 04/01/28

    3,575,112        3,597,370   

3.000%, 03/01/27

    2,581,499        2,669,819   

3.000%, 05/01/27

    3,243,519        3,354,878   

3.500%, 12/01/25

    3,207,972        3,377,943   

3.500%, 05/01/26

    1,295,406        1,364,212   

4.000%, 06/01/19

    530,559        561,453   

4.000%, 05/01/25

    2,051,579        2,172,980   

4.000%, 08/01/25

    1,100,308        1,165,418   

4.000%, 10/01/25

    975,537        1,033,264   

4.500%, 09/01/18

    457,772        483,220   

4.500%, 10/01/18

    933,644        985,546   

4.500%, 04/01/19

    677,213        714,960   

4.500%, 06/01/19

    445,023        469,829   

4.500%, 08/01/19

    151,029        159,448   

5.000%, 05/01/18

    1,088,625        1,153,302   

5.000%, 12/01/18

    224,627        237,972   

5.000%, 06/01/19

    520,045        552,319   

5.500%, 11/01/17

    98,294        104,983   

5.500%, 01/01/24

    1,055,513        1,144,487   

6.000%, 04/01/16

    5,653        6,043   

6.000%, 05/01/17

    105,445        113,776   

7.000%, 12/01/15

    1,659        1,665   

7.500%, 03/01/16

    8,439        8,847   

Freddie Mac 20 Yr. Gold Pool

   

3.000%, 04/01/33

    4,232,686        4,235,720   

3.500%, 04/01/32

    4,273,038        4,429,269   

4.000%, 01/01/31

    1,703,842        1,808,167   

4.000%, 08/01/31

    1,756,891        1,864,463   

4.500%, 05/01/29

    587,483        624,171   

5.000%, 03/01/27

    256,161        276,363   

 

MSF-6


Table of Contents

Metropolitan Series Fund

Barclays Aggregate Bond Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

U.S. Treasury & Government Agencies—(Continued)

 

Security Description   Principal
Amount*
    Value  

Agency Sponsored Mortgage-Backed—(Continued)

  

 

Freddie Mac 30 Yr. Gold Pool

   

3.000%, 10/01/42

    3,550,327      $ 3,458,208   

3.000%, 01/01/43

    3,253,612        3,169,192   

3.000%, 03/01/43

    7,569,462        7,373,233   

3.000%, 04/01/43

    2,061,424        2,007,853   

3.000%, 06/01/43

    2,090,153        2,035,835   

3.500%, 01/01/42

    2,285,365        2,321,298   

3.500%, 03/01/42

    2,006,081        2,037,649   

3.500%, 08/01/42

    6,759,332        6,867,053   

3.500%, 02/01/43

    2,748,854        2,792,179   

3.500%, 06/01/43

    2,855,647        2,901,312   

4.000%, 06/01/39

    2,116,523        2,211,704   

4.000%, 12/01/39

    2,710,145        2,832,021   

4.000%, 11/01/40

    2,385,526        2,493,435   

4.000%, 04/01/41

    2,220,342        2,321,006   

4.000%, 09/01/41

    2,403,876        2,512,861   

4.000%, 11/01/41

    2,391,944        2,500,388   

4.500%, 10/01/35

    1,143,046        1,215,182   

4.500%, 06/01/38

    1,706,206        1,813,883   

4.500%, 02/01/39

    1,109,972        1,180,859   

4.500%, 03/01/39

    1,180,886        1,256,302   

4.500%, 04/01/39

    1,339,085        1,424,604   

4.500%, 09/01/39

    1,467,966        1,561,716   

4.500%, 11/01/39

    1,520,598        1,617,709   

4.500%, 01/01/40

    937,636        998,380   

4.500%, 05/01/40

    1,755,998        1,869,758   

4.500%, 11/01/40

    1,865,634        1,986,496   

4.500%, 02/01/41

    1,405,282        1,496,556   

4.500%, 05/01/41

    1,458,138        1,552,845   

4.500%, 06/01/41

    1,098,139        1,169,464   

5.000%, 10/01/33

    1,018,953        1,101,481   

5.000%, 03/01/34

    307,834        332,353   

5.000%, 08/01/35

    1,415,934        1,524,637   

5.000%, 09/01/35

    656,029        706,393   

5.000%, 10/01/35

    492,567        530,382   

5.000%, 01/01/36

    1,255,617        1,352,011   

5.000%, 04/01/38

    771,039        829,953   

5.000%, 11/01/39

    3,029,258        3,265,223   

5.000%, 05/01/40

    3,926,370        4,288,521   

5.500%, 06/01/34

    1,066,716        1,161,862   

5.500%, 10/01/35

    652,197        706,515   

5.500%, 12/01/35

    1,449,181        1,569,877   

5.500%, 01/01/36

    1,176,741        1,274,746   

5.500%, 12/01/37

    991,716        1,071,380   

5.500%, 04/01/38

    5,214,383        5,638,317   

5.500%, 07/01/38

    695,129        751,138   

5.500%, 08/01/38

    1,122,435        1,212,875   

6.000%, 11/01/28

    18,189        20,156   

6.000%, 12/01/28

    13,516        14,978   

6.000%, 02/01/29

    27,055        29,983   

6.000%, 04/01/29

    10,502        11,638   

6.000%, 05/01/29

    2,199        2,437   

6.000%, 06/01/31

    3,658        4,036   

6.000%, 07/01/31

    1,629        1,797   

6.000%, 09/01/31

    73,518        81,116   

6.000%, 04/01/32

    226,581        249,998   

Agency Sponsored Mortgage-Backed—(Continued)

  

 

Freddie Mac 30 Yr. Gold Pool

   

6.000%, 11/01/32

    52,115      57,501   

6.000%, 06/01/34

    352,856        389,055   

6.000%, 11/01/35

    154,650        170,423   

6.000%, 02/01/36

    334,374        363,341   

6.000%, 08/01/36

    386,411        419,887   

6.000%, 10/01/36

    519,886        564,924   

6.000%, 11/01/36

    262,191        284,905   

6.000%, 01/01/37

    353,798        384,448   

6.000%, 02/01/38

    504,281        547,933   

6.000%, 11/01/39

    4,591,316        4,996,766   

6.000%, 04/01/40

    1,141,467        1,240,277   

6.500%, 02/01/30

    10,180        11,522   

6.500%, 08/01/31

    18,756        21,128   

6.500%, 10/01/31

    10,694        12,047   

6.500%, 11/01/31

    41,161        46,367   

6.500%, 03/01/32

    609,170        686,095   

6.500%, 04/01/32

    545,465        614,344   

6.500%, 09/01/36

    961,670        1,067,856   

6.500%, 11/01/37

    873,403        969,736   

7.000%, 12/01/27

    2,550        2,905   

7.000%, 11/01/28

    6,677        7,566   

7.000%, 04/01/29

    7,326        8,282   

7.000%, 05/01/29

    1,638        1,851   

7.000%, 06/01/29

    15,710        17,759   

7.000%, 07/01/29

    3,224        3,645   

7.000%, 01/01/31

    111,470        125,990   

7.500%, 08/01/24

    28,295        29,572   

7.500%, 10/01/27

    16,584        19,102   

7.500%, 10/01/29

    25,095        28,968   

7.500%, 05/01/30

    15,215        17,431   

8.000%, 02/01/27

    6,058        6,935   

8.000%, 10/01/28

    11,268        13,356   

Freddie Mac ARM Non-Gold Pool

   

3.719%, 11/01/39 (a)

    1,494,867        1,555,792   

Ginnie Mae I 15 Yr. Pool

   

5.000%, 10/15/20

    545,589        582,689   

5.000%, 01/15/21

    352,081        376,607   

Ginnie Mae I 30 Yr. Pool

   

3.000%, 11/15/42

    4,480,645        4,426,376   

3.000%, 12/15/42

    3,180,698        3,142,174   

3.000%, 02/15/43

    2,770,022        2,735,557   

3.000%, 03/15/43

    3,745,512        3,700,023   

3.000%, 05/15/43

    4,821,668        4,763,109   

3.000%, 07/15/43

    3,085,773        3,048,296   

3.500%, 01/15/42

    4,713,778        4,852,079   

3.500%, 02/15/42

    2,447,230        2,519,050   

3.500%, 03/15/42

    3,444,815        3,547,889   

3.500%, 05/15/42

    3,047,190        3,136,618   

3.500%, 09/15/42

    2,711,962        2,791,552   

3.500%, 05/15/43

    2,944,895        3,031,874   

4.000%, 07/15/39

    4,202,338        4,451,556   

4.000%, 07/15/40

    2,743,719        2,916,945   

4.000%, 03/15/41

    2,067,753        2,184,246   

4.000%, 10/15/41

    4,348,819        4,593,824   

4.500%, 01/15/39

    834,260        898,663   

 

MSF-7


Table of Contents

Metropolitan Series Fund

Barclays Aggregate Bond Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

U.S. Treasury & Government Agencies—(Continued)

 

Security Description   Principal
Amount*
    Value  

Agency Sponsored Mortgage-Backed—(Continued)

  

 

Ginnie Mae I 30 Yr. Pool

   

4.500%, 04/15/39

    1,922,714      $ 2,071,142   

4.500%, 05/15/39

    4,662,065        5,021,962   

4.500%, 08/15/39

    1,904,436        2,051,453   

4.500%, 01/15/40

    2,244,326        2,427,699   

4.500%, 04/15/40

    2,361,025        2,553,933   

4.500%, 02/15/41

    1,696,140        1,824,182   

4.500%, 04/15/41

    1,600,006        1,720,791   

5.000%, 12/15/35

    703,872        770,076   

5.000%, 12/15/36

    596,071        649,753   

5.000%, 01/15/39

    2,691,040        2,929,903   

5.000%, 02/15/39

    620,928        678,172   

5.000%, 08/15/39

    3,900,629        4,260,231   

5.000%, 09/15/39

    828,012        904,347   

5.000%, 12/15/39

    1,485,608        1,622,567   

5.000%, 05/15/40

    2,813,203        3,094,528   

5.500%, 03/15/36

    802,001        876,817   

5.500%, 01/15/37

    1,296,182        1,416,949   

5.500%, 11/15/37

    874,332        955,795   

5.500%, 09/15/38

    706,529        771,953   

5.500%, 08/15/39

    2,491,264        2,729,473   

6.000%, 01/15/29

    9,705        10,943   

6.000%, 01/15/33

    382,057        428,091   

6.000%, 03/15/35

    438,468        485,454   

6.000%, 12/15/35

    268,116        296,847   

6.000%, 06/15/36

    427,102        472,430   

6.000%, 09/15/36

    584,470        646,500   

6.000%, 07/15/38

    2,160,922        2,389,773   

6.500%, 05/15/23

    3,381        3,964   

6.500%, 02/15/27

    50,213        56,286   

6.500%, 07/15/28

    15,464        18,013   

6.500%, 08/15/28

    19,757        23,015   

6.500%, 11/15/28

    14,022        16,334   

6.500%, 12/15/28

    11,877        13,835   

6.500%, 07/15/29

    2,456        2,859   

6.500%, 05/15/36

    362,404        415,274   

7.000%, 01/15/28

    3,375        3,930   

7.000%, 04/15/28

    3,509        4,085   

7.000%, 05/15/28

    19,682        22,915   

7.000%, 06/15/28

    12,371        14,404   

7.000%, 10/15/28

    10,652        12,402   

7.000%, 06/15/29

    2,230        2,596   

7.000%, 09/15/29

    22,222        25,870   

7.000%, 01/15/31

    1,454        1,690   

7.000%, 03/15/31

    30,021        34,888   

7.000%, 07/15/31

    708,896        823,835   

7.000%, 08/15/31

    107,607        125,054   

7.000%, 02/15/32

    33,045        38,110   

7.000%, 07/15/32

    43,393        50,044   

7.500%, 08/15/29

    514        516   

7.500%, 04/15/30

    9,060        9,322   

8.000%, 08/15/26

    4,142        4,801   

8.000%, 09/15/26

    5,167        5,952   

8.000%, 05/15/27

    3,093        3,407   

8.000%, 06/15/29

    24,823        27,032   

9.000%, 11/15/24

    16,250        17,730   

Agency Sponsored Mortgage-Backed—(Continued)

  

 

Ginnie Mae II 30 Yr. Pool

   

3.000%, 03/20/43

    5,041,711      4,994,632   

3.500%, 12/20/41

    3,030,078        3,130,495   

3.500%, 08/20/42

    2,847,218        2,938,781   

3.500%, 01/20/43

    3,510,332        3,626,553   

3.500%, 04/20/43

    2,916,034        3,010,519   

4.000%, 11/20/40

    3,226,925        3,432,369   

4.000%, 12/20/40

    2,905,217        3,090,180   

4.500%, 08/20/40

    3,213,563        3,480,795   

4.500%, 12/20/40

    1,812,179        1,962,875   

4.500%, 04/20/41

    1,825,546        1,970,812   

4.500%, 03/20/42

    1,392,453        1,503,256   

5.000%, 08/20/40

    1,433,930        1,572,740   

5.000%, 10/20/40

    1,393,828        1,528,756   

6.500%, 06/20/31

    43,281        50,008   

6.500%, 11/20/38

    1,301,472        1,482,275   

7.500%, 02/20/28

    4,857        5,833   
   

 

 

 
      563,750,192   
   

 

 

 

Federal Agencies—5.1%

  

Federal Farm Credit Bank

   

4.875%, 12/16/15

    4,500,000        4,943,502   

Federal Home Loan Banks

   

0.375%, 06/24/16

    10,040,000        9,987,099   

4.875%, 05/17/17 (b)

    4,420,000        5,034,005   

5.375%, 05/18/16 (b)

    2,900,000        3,262,800   

Federal Home Loan Mortgage Corp.

   

0.875%, 03/07/18 (b)

    17,000,000        16,613,565   

1.250%, 10/02/19 (b)

    3,000,000        2,868,218   

4.750%, 01/19/16 (b)

    2,850,000        3,130,951   

5.125%, 11/17/17 (b)

    3,530,000        4,079,780   

5.625%, 11/23/35

    1,040,000        1,108,442   

Federal National Mortgage Association

   

0.500%, 03/30/16 (b)

    9,450,000        9,438,314   

0.550%, 02/27/15

    4,990,000        4,997,755   

0.875%, 05/21/18 (b)

    10,160,000        9,881,083   

5.375%, 07/15/16 (b)

    5,870,000        6,636,053   

5.375%, 06/12/17 (b)

    8,300,000        9,590,990   

6.625%, 11/15/30 (b)

    2,450,000        3,281,336   

Tennessee Valley Authority

   

5.250%, 09/15/39

    3,350,000        3,663,471   
   

 

 

 
      98,517,364   
   

 

 

 

U.S. Treasury—35.7%

  

U.S. Treasury Bonds

   

2.750%, 08/15/42

    2,020,000        1,674,681   

2.875%, 05/15/43 (b)

    4,760,000        4,040,859   

3.125%, 02/15/42

    1,800,000        1,620,594   

3.125%, 02/15/43 (b)

    3,270,000        2,930,345   

3.500%, 02/15/39

    2,080,000        2,040,085   

3.750%, 08/15/41 (b)

    1,830,000        1,860,250   

3.875%, 08/15/40

    10,380,000        10,816,063   

4.250%, 11/15/40

    7,280,000        8,068,933   

4.375%, 11/15/39 (b)

    3,900,000        4,415,112   

4.375%, 05/15/40

    5,220,000        5,905,334   

 

MSF-8


Table of Contents

Metropolitan Series Fund

Barclays Aggregate Bond Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

U.S. Treasury & Government Agencies—(Continued)

 

Security Description   Principal
Amount*
    Value  

U.S. Treasury—(Continued)

  

 

U.S. Treasury Bonds

   

4.375%, 05/15/41 (b)

    5,850,000      $ 6,612,898   

4.500%, 02/15/36 (b)

    5,675,000        6,554,965   

4.500%, 05/15/38 (b)

    4,950,000        5,709,132   

5.000%, 05/15/37

    2,760,000        3,409,677   

5.250%, 02/15/29 (b)

    750,000        937,440   

5.375%, 02/15/31 (b)

    3,075,000        3,920,840   

6.125%, 11/15/27 (b)

    5,750,000        7,761,982   

6.250%, 08/15/23

    7,700,000        10,192,336   

6.375%, 08/15/27

    2,800,000        3,856,104   

6.500%, 11/15/26

    1,000,000        1,384,750   

7.125%, 02/15/23 (b)

    6,100,000        8,491,932   

7.250%, 08/15/22 (b)

    6,120,000        8,522,957   

7.875%, 02/15/21 (b)

    4,450,000        6,238,945   

8.000%, 11/15/21

    2,920,000        4,178,754   

8.125%, 08/15/19

    2,645,000        3,611,457   

8.125%, 08/15/21 (b)

    1,250,000        1,793,188   

8.500%, 02/15/20 (b)

    6,700,000        9,430,920   

8.750%, 08/15/20

    1,000,000        1,443,640   

8.875%, 02/15/19 (b)

    10,215,000        14,142,566   

9.125%, 05/15/18

    1,600,000        2,169,392   

9.250%, 02/15/16

    1,375,000        1,661,193   

U.S. Treasury Notes

   

0.250%, 12/15/14 (b)

    7,000,000        7,007,350   

0.375%, 11/15/14 (b)

    7,980,000        7,999,631   

0.375%, 03/15/15

    8,020,000        8,039,247   

0.625%, 05/31/17

    5,000,000        4,944,750   

0.625%, 04/30/18 (b)

    5,000,000        4,860,450   

0.875%, 11/30/16

    13,800,000        13,861,963   

1.000%, 08/31/16

    11,820,000        11,945,410   

1.000%, 09/30/16

    4,000,000        4,041,320   

1.000%, 10/31/16

    7,010,000        7,075,404   

1.000%, 03/31/17 (b)

    7,850,000        7,886,502   

1.250%, 08/31/15

    5,850,000        5,954,773   

1.250%, 09/30/15 (b)

    7,750,000        7,892,910   

1.375%, 11/30/15

    19,400,000        19,816,325   

1.375%, 09/30/18

    12,890,000        12,880,719   

1.625%, 11/15/22

    5,000,000        4,629,100   

1.750%, 07/31/15

    6,700,000        6,877,148   

1.750%, 05/15/22 (b)

    4,900,000        4,640,741   

1.750%, 05/15/23 (b)

    6,420,000        5,948,772   

1.875%, 06/30/15

    6,700,000        6,885,658   

1.875%, 09/30/17

    15,900,000        16,408,958   

2.000%, 11/15/21 (b)

    10,950,000        10,701,654   

2.000%, 02/15/22 (b)

    3,800,000        3,693,676   

2.000%, 02/15/23

    6,900,000        6,571,698   

2.125%, 05/31/15

    12,000,000        12,371,880   

2.125%, 08/15/21 (b)

    8,710,000        8,636,662   

2.375%, 10/31/14

    21,000,000        21,503,581   

2.375%, 02/28/15 (b)

    15,000,000        15,459,449   

2.375%, 03/31/16 (b)

    20,560,000        21,537,215   

2.375%, 05/31/18

    31,000,000        32,537,910   

2.500%, 04/30/15 (b)

    5,980,000        6,193,247   

2.625%, 02/29/16 (b)

    2,510,000        2,641,900   

2.625%, 04/30/16

    17,800,000        18,773,125   

2.625%, 08/15/20 (b)

    6,000,000        6,262,440   

U.S. Treasury—(Continued)

  

 

U.S. Treasury Notes

   

2.750%, 05/31/17 (b)

    9,840,000      10,492,195   

3.000%, 08/31/16

    8,350,000        8,922,058   

3.000%, 09/30/16 (b)

    18,100,000        19,356,864   

3.000%, 02/28/17

    14,980,000        16,079,533   

3.125%, 05/15/19

    3,000,000        3,251,130   

3.250%, 05/31/16

    8,230,000        8,822,148   

3.375%, 11/15/19

    4,350,000        4,772,211   

3.500%, 02/15/18

    4,000,000        4,394,600   

3.500%, 05/15/20 (b)

    7,790,000        8,591,980   

3.625%, 02/15/20 (b)

    17,190,000        19,098,262   

3.750%, 11/15/18 (b)

    4,550,000        5,077,344   

3.875%, 05/15/18

    4,700,000        5,255,446   

4.000%, 02/15/15

    27,230,000        28,648,138   

4.000%, 08/15/18 (b)

    9,620,000        10,850,494   

4.250%, 08/15/15

    2,300,000        2,469,372   

4.250%, 11/15/17 (b)

    4,700,000        5,298,827   

4.500%, 11/15/15 (b)

    8,950,000        9,732,588   

4.500%, 02/15/16 (b)

    4,520,000        4,954,869   

4.625%, 02/15/17 (b)

    8,475,000        9,549,121   

4.875%, 08/15/16

    8,330,000        9,342,428   

5.125%, 05/15/16

    4,830,000        5,412,546   
   

 

 

 
      692,251,046   
   

 

 

 

Total U.S. Treasury & Government Agencies
(Cost $1,312,909,250)

      1,354,518,602   
   

 

 

 
Corporate Bonds & Notes—23.6%   

Aerospace/Defense—0.4%

  

Boeing Co. (The)

   

7.250%, 06/15/25

    460,000        593,198   

Lockheed Martin Corp.

   

6.150%, 09/01/36 (b)

    1,700,000        1,946,860   

Northrop Grumman Systems Corp.

   

7.750%, 02/15/31

    515,000        662,528   

Raytheon Co.

   

3.125%, 10/15/20

    1,000,000        1,009,893   

United Technologies Corp.

   

4.500%, 06/01/42

    2,645,000        2,573,848   

4.875%, 05/01/15

    900,000        960,145   

7.500%, 09/15/29

    200,000        269,959   
   

 

 

 
      8,016,431   
   

 

 

 

Agriculture—0.3%

  

Altria Group, Inc.

   

9.700%, 11/10/18

    750,000        990,908   

Archer-Daniels-Midland Co.

   

4.479%, 03/01/21

    2,000,000        2,144,694   

Philip Morris International, Inc.

   

4.500%, 03/26/20

    925,000        1,016,633   

6.875%, 03/17/14

    755,000        777,174   
   

 

 

 
      4,929,409   
   

 

 

 

 

MSF-9


Table of Contents

Metropolitan Series Fund

Barclays Aggregate Bond Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Corporate Bonds & Notes—(Continued)

 

Security Description   Principal
Amount*
    Value  

Auto Manufacturers—0.2%

  

Daimler Finance North America LLC

   

8.500%, 01/18/31

    1,050,000      $ 1,509,087   

Ford Motor Co.

   

7.450%, 07/16/31

    2,200,000        2,673,914   
   

 

 

 
      4,183,001   
   

 

 

 

Banks—4.9%

  

American Express Centurion Bank

   

0.875%, 11/13/15

    3,000,000        2,999,906   

Bank of America Corp.

   

5.125%, 11/15/14

    1,000,000        1,046,179   

5.750%, 08/15/16

    2,850,000        3,123,743   

5.875%, 02/07/42 (b)

    3,000,000        3,336,213   

6.500%, 08/01/16

    1,750,000        1,982,631   

Bank of New York Mellon Corp. (The)

   

5.450%, 05/15/19

    2,000,000        2,291,794   

Barclays Bank plc

   

5.000%, 09/22/16

    1,750,000        1,931,575   

5.200%, 07/10/14

    900,000        931,504   

BB&T Corp.

   

3.200%, 03/15/16

    1,865,000        1,954,085   

BNP Paribas S.A.

   

5.000%, 01/15/21

    3,225,000        3,475,986   

Capital One Financial Corp.

   

6.750%, 09/15/17 (b)

    1,200,000        1,406,243   

Citigroup, Inc.

   

5.375%, 08/09/20

    2,200,000        2,461,038   

5.850%, 08/02/16 (b)

    500,000        557,566   

6.125%, 11/21/17

    1,700,000        1,952,365   

6.125%, 05/15/18

    1,900,000        2,190,754   

Credit Suisse

   

4.375%, 08/05/20

    2,611,000        2,811,775   

Deutsche Bank AG

   

3.875%, 08/18/14

    620,000        637,352   

6.000%, 09/01/17 (b)

    1,500,000        1,722,481   

Fifth Third Bancorp

   

8.250%, 03/01/38

    1,175,000        1,516,779   

Goldman Sachs Group, Inc. (The)

   

6.000%, 06/15/20

    2,000,000        2,268,537   

6.125%, 02/15/33 (b)

    2,075,000        2,261,841   

6.250%, 09/01/17

    760,000        865,992   

6.450%, 05/01/36 (b)

    2,000,000        2,030,700   

HSBC Holdings plc

   

5.100%, 04/05/21

    2,556,000        2,811,992   

6.500%, 09/15/37

    905,000        1,035,103   

JPMorgan Chase & Co.

   

3.250%, 09/23/22

    2,850,000        2,686,357   

4.950%, 03/25/20

    2,650,000        2,884,271   

5.125%, 09/15/14

    850,000        885,368   

6.300%, 04/23/19

    1,900,000        2,232,737   

JPMorgan Chase Bank N.A.

   

6.000%, 10/01/17

    2,700,000        3,080,803   

KFW

   

1.250%, 02/15/17 (b)

    3,000,000        3,029,491   

2.375%, 08/25/21

    1,945,000        1,915,535   

Banks—(Continued)

  

 

KFW

   

2.625%, 02/16/16 (b)

    2,791,000      2,926,966   

2.750%, 09/08/20 (b)

    2,300,000        2,359,232   

4.875%, 01/17/17 (b)

    2,900,000        3,271,445   

Lloyds TSB Bank plc

   

6.375%, 01/21/21

    1,500,000        1,742,403   

Morgan Stanley

   

5.625%, 09/23/19

    1,900,000        2,111,738   

7.250%, 04/01/32

    1,850,000        2,242,173   

7.300%, 05/13/19

    2,460,000        2,941,103   

PNC Bank N.A.

   

4.875%, 09/21/17

    1,000,000        1,101,610   

5.250%, 01/15/17 (b)

    1,600,000        1,767,904   

State Street Bank and Trust Co.

   

5.300%, 01/15/16

    300,000        326,789   

SunTrust Banks, Inc.

   

3.600%, 04/15/16

    1,450,000        1,529,434   

Wachovia Corp.

   

5.750%, 06/15/17

    700,000        803,006   

Wells Fargo & Co.

   

5.000%, 11/15/14

    2,000,000        2,095,339   

Wells Fargo Bank N.A.

   

5.950%, 08/26/36

    1,900,000        2,124,668   

Westpac Banking Corp.

   

3.000%, 12/09/15

    2,000,000        2,090,530   
   

 

 

 
      95,753,036   
   

 

 

 

Beverages—0.3%

  

Anheuser-Busch Cos. LLC

   

5.000%, 01/15/15

    1,950,000        2,060,592   

6.450%, 09/01/37

    880,000        1,073,580   

Coca-Cola Co. (The)

   

3.150%, 11/15/20

    280,000        286,864   

Diageo Finance B.V.

   

5.300%, 10/28/15

    870,000        948,957   

Pepsi Bottling Group, Inc. (The)

   

7.000%, 03/01/29

    300,000        378,069   

PepsiCo, Inc.

   

5.000%, 06/01/18 (b)

    1,000,000        1,133,483   
   

 

 

 
      5,881,545   
   

 

 

 

Biotechnology—0.2%

  

Amgen, Inc.

   

5.700%, 02/01/19

    850,000        976,294   

6.150%, 06/01/18

    1,650,000        1,934,301   
   

 

 

 
      2,910,595   
   

 

 

 

Building Materials—0.1%

  

CRH America, Inc.

   

6.000%, 09/30/16

    900,000        1,013,315   
   

 

 

 

Chemicals—0.4%

  

Dow Chemical Co. (The)

   

4.250%, 11/15/20

    2,750,000        2,871,931   

9.400%, 05/15/39

    650,000        938,292   

 

MSF-10


Table of Contents

Metropolitan Series Fund

Barclays Aggregate Bond Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Corporate Bonds & Notes—(Continued)

 

Security Description   Principal
Amount*
    Value  

Chemicals—(Continued)

  

 

E. I. du Pont de Nemours & Co.

   

5.600%, 12/15/36

    1,000,000      $ 1,075,900   

6.000%, 07/15/18

    1,000,000        1,183,275   

Potash Corp. of Saskatchewan, Inc.

   

4.875%, 03/30/20

    970,000        1,058,207   

Praxair, Inc.

   

4.375%, 03/31/14 (b)

    810,000        825,294   
   

 

 

 
      7,952,899   
   

 

 

 

Computers—0.4%

  

Apple, Inc.

   

2.400%, 05/03/23

    2,072,000        1,876,882   

Hewlett-Packard Co.

   

5.500%, 03/01/18

    1,950,000        2,176,708   

International Business Machines Corp.

   

4.000%, 06/20/42

    3,200,000        2,909,313   

8.375%, 11/01/19

    425,000        569,634   
   

 

 

 
      7,532,537   
   

 

 

 

Cosmetics/Personal Care—0.0%

  

Procter & Gamble Co. (The)

   

6.450%, 01/15/26

    200,000        253,491   
   

 

 

 

Diversified Financial Services—1.1%

  

Associates Corp. of North America

   

6.950%, 11/01/18 (b)

    1,700,000        2,002,072   

Bear Stearns Cos. LLC (The)

   

5.700%, 11/15/14

    900,000        949,930   

BlackRock, Inc.

   

3.500%, 12/10/14 (b)

    1,500,000        1,553,822   

General Electric Capital Corp.

   

5.300%, 02/11/21 (b)

    1,915,000        2,080,164   

5.400%, 02/15/17

    2,000,000        2,247,792   

5.875%, 01/14/38

    2,050,000        2,239,170   

6.750%, 03/15/32

    1,250,000        1,491,226   

7.500%, 08/21/35

    100,000        127,971   

HSBC Finance Corp.

   

5.000%, 06/30/15

    1,800,000        1,915,411   

5.500%, 01/19/16

    900,000        982,667   

Merrill Lynch & Co., Inc.

   

6.500%, 07/15/18 (b)

    200,000        229,652   

Nomura Holdings, Inc.

   

6.700%, 03/04/20

    1,325,000        1,492,468   

Toyota Motor Credit Corp.

   

0.875%, 07/17/15 (b)

    3,950,000        3,969,605   
   

 

 

 
      21,281,950   
   

 

 

 

Electric—1.6%

  

Consolidated Edison Co. of New York, Inc.

   

5.850%, 04/01/18 (b)

    855,000        999,199   

Dominion Resources, Inc.

   

5.150%, 07/15/15

    1,600,000        1,718,703   

Duke Energy Carolinas LLC

   

5.300%, 02/15/40

    2,000,000        2,157,731   

Electric—(Continued)

  

 

Exelon Corp.

   

4.900%, 06/15/15

    1,060,000      1,122,171   

5.625%, 06/15/35

    1,500,000        1,491,331   

Florida Power & Light Co.

   

5.950%, 02/01/38

    1,700,000        2,000,277   

Georgia Power Co.

   

5.700%, 06/01/17 (b)

    1,400,000        1,589,126   

Hydro-Quebec

   

7.500%, 04/01/16

    1,350,000        1,561,560   

8.400%, 01/15/22

    1,000,000        1,339,734   

Northern States Power Co.

   

6.250%, 06/01/36 (b)

    2,200,000        2,682,431   

Ohio Power Co.

   

5.375%, 10/01/21 (b)

    1,640,000        1,844,661   

Oncor Electric Delivery Co. LLC

   

7.000%, 05/01/32

    950,000        1,175,409   

Pacific Gas & Electric Co.

   

5.400%, 01/15/40

    3,320,000        3,438,131   

PacifiCorp

   

2.950%, 02/01/22

    2,800,000        2,745,440   

Progress Energy, Inc.

   

5.625%, 01/15/16

    1,900,000        2,082,181   

PSEG Power LLC

   

8.625%, 04/15/31

    1,000,000        1,352,773   

Southern California Edison Co.

   

5.000%, 01/15/16

    1,500,000        1,635,226   
   

 

 

 
      30,936,084   
   

 

 

 

Electronics—0.2%

  

Honeywell International, Inc.

   

5.000%, 02/15/19

    2,000,000        2,267,053   

Koninklijke Philips NV

   

5.750%, 03/11/18

    900,000        1,034,975   
   

 

 

 
      3,302,028   
   

 

 

 

Environmental Control—0.1%

  

Waste Management, Inc.

   

7.000%, 07/15/28

    1,265,000        1,585,199   
   

 

 

 

Food—0.6%

  

ConAgra Foods, Inc.

   

5.819%, 06/15/17

    1,000,000        1,122,759   

General Mills, Inc.

   

5.650%, 02/15/19

    1,700,000        1,968,514   

Mondelez International, Inc.

   

4.125%, 02/09/16

    2,200,000        2,350,299   

5.375%, 02/10/20

    1,800,000        2,032,598   

Safeway, Inc.

   

7.250%, 02/01/31

    813,000        823,246   

Sysco Corp.

   

2.600%, 06/12/22 (b)

    2,400,000        2,253,291   

Unilever Capital Corp.

   

5.900%, 11/15/32

    1,500,000        1,848,392   
   

 

 

 
      12,399,099   
   

 

 

 

 

MSF-11


Table of Contents

Metropolitan Series Fund

Barclays Aggregate Bond Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Corporate Bonds & Notes—(Continued)

 

Security Description   Principal
Amount*
    Value  

Forest Products & Paper—0.2%

  

Georgia-Pacific LLC

   

8.000%, 01/15/24

    1,800,000      $ 2,314,451   

International Paper Co.

   

7.950%, 06/15/18

    820,000        1,015,540   
   

 

 

 
      3,329,991   
   

 

 

 

Gas—0.1%

  

Sempra Energy

   

6.150%, 06/15/18

    900,000        1,048,418   
   

 

 

 

Healthcare-Products—0.2%

  

Baxter International, Inc.

   

5.375%, 06/01/18 (b)

    1,400,000        1,590,083   

Medtronic, Inc.

   

3.000%, 03/15/15

    2,300,000        2,377,272   
   

 

 

 
      3,967,355   
   

 

 

 

Healthcare-Services—0.4%

  

Aetna, Inc.

   

2.750%, 11/15/22 (b)

    3,000,000        2,765,993   

Laboratory Corp. of America Holdings

   

4.625%, 11/15/20 (b)

    1,900,000        2,012,980   

UnitedHealth Group, Inc.

   

5.375%, 03/15/16

    1,700,000        1,876,660   

WellPoint, Inc.

   

5.850%, 01/15/36

    1,800,000        1,935,585   
   

 

 

 
      8,591,218   
   

 

 

 

Household Products/Wares—0.0%

  

Kimberly-Clark Corp.

   

6.125%, 08/01/17

    500,000        583,989   
   

 

 

 

Insurance—0.8%

  

ACE INA Holdings, Inc.

   

5.875%, 06/15/14

    850,000        880,501   

Allstate Corp. (The)

   

6.900%, 05/15/38 (b)

    150,000        185,848   

7.450%, 05/16/19

    1,700,000        2,150,173   

American International Group, Inc.

   

5.450%, 05/18/17

    1,900,000        2,118,508   

5.850%, 01/16/18

    1,800,000        2,048,589   

AXA S.A.

   

8.600%, 12/15/30 (b)

    1,165,000        1,392,175   

Berkshire Hathaway, Inc.

   

1.900%, 01/31/17 (b)

    2,900,000        2,954,614   

Chubb Corp. (The)

   

6.000%, 05/11/37

    865,000        1,018,693   

Hartford Financial Services Group, Inc.

   

6.100%, 10/01/41 (b)

    780,000        890,395   

Prudential Financial, Inc.

   

5.700%, 12/14/36

    1,525,000        1,633,186   
   

 

 

 
      15,272,682   
   

 

 

 

Iron/Steel—0.1%

  

Vale Overseas, Ltd.

   

6.875%, 11/21/36

    1,100,000      1,109,313   
   

 

 

 

Machinery-Construction & Mining—0.1%

  

Caterpillar, Inc.

   

7.900%, 12/15/18

    1,757,000        2,247,956   
   

 

 

 

Machinery-Diversified—0.1%

  

Deere & Co.

   

2.600%, 06/08/22 (b)

    1,950,000        1,837,965   

6.950%, 04/25/14

    850,000        881,296   
   

 

 

 
      2,719,261   
   

 

 

 

Media—1.2%

  

CBS Corp.

   

8.875%, 05/15/19

    750,000        963,361   

Comcast Corp.

   

4.650%, 07/15/42

    3,670,000        3,490,484   

5.650%, 06/15/35

    1,500,000        1,666,127   

DIRECTV Holdings LLC/DIRECTV Financing Co., Inc.

   

5.000%, 03/01/21

    2,600,000        2,678,120   

Discovery Communications LLC

   

6.350%, 06/01/40

    1,800,000        1,966,865   

News America, Inc.

   

6.550%, 03/15/33

    1,950,000        2,187,437   

Thomson Reuters Corp.

   

6.500%, 07/15/18

    800,000        941,174   

Time Warner Cable, Inc.

   

5.000%, 02/01/20

    1,900,000        1,918,549   

5.850%, 05/01/17

    1,800,000        1,954,506   

6.550%, 05/01/37

    100,000        92,445   

Time Warner Entertainment Co. L.P.

   

8.375%, 03/15/23

    380,000        436,451   

Time Warner, Inc.

   

6.100%, 07/15/40

    925,000        999,381   

7.700%, 05/01/32

    685,000        866,361   

Viacom, Inc.

   

6.250%, 04/30/16

    770,000        858,587   

Walt Disney Co. (The)

   

2.750%, 08/16/21

    1,930,000        1,880,694   
   

 

 

 
      22,900,542   
   

 

 

 

Mining—0.6%

  

Alcoa, Inc.

   

5.720%, 02/23/19 (b)

    523,000        540,833   

5.870%, 02/23/22

    101,000        100,018   

Barrick North America Finance LLC

   

4.400%, 05/30/21

    3,125,000        2,899,575   

Freeport-McMoRan Copper & Gold, Inc.

   

3.550%, 03/01/22

    3,700,000        3,390,426   

Newmont Mining Corp.

   

6.250%, 10/01/39 (b)

    1,800,000        1,655,271   

 

MSF-12


Table of Contents

Metropolitan Series Fund

Barclays Aggregate Bond Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Corporate Bonds & Notes—(Continued)

 

Security Description   Principal
Amount*
    Value  

Mining—(Continued)

  

Rio Tinto Alcan, Inc.

   

5.000%, 06/01/15

    1,050,000      $ 1,115,512   

6.125%, 12/15/33

    1,751,000        1,970,583   
   

 

 

 
      11,672,218   
   

 

 

 

Miscellaneous Manufacturing—0.3%

  

General Electric Co.

   

5.250%, 12/06/17

    1,800,000        2,049,741   

Tyco Electronics Group S.A.

   

6.550%, 10/01/17

    1,600,000        1,842,575   

Tyco International, Ltd.

   

6.875%, 01/15/21 (b)

    1,275,000        1,503,084   
   

 

 

 
      5,395,400   
   

 

 

 

Multi-National—1.4%

  

Asian Development Bank

   

5.500%, 06/27/16 (b)

    3,850,000        4,359,232   

European Bank for Reconstruction & Development

   

1.000%, 06/15/18 (b)

    3,564,000        3,491,536   

European Investment Bank

   

1.125%, 04/15/15 (b)

    1,900,000        1,922,712   

1.625%, 06/15/17 (b)

    1,975,000        2,005,456   

4.000%, 02/16/21 (b)

    1,700,000        1,854,082   

4.875%, 02/15/36

    3,700,000        4,101,452   

5.125%, 05/30/17 (b)

    1,750,000        1,997,631   

Inter-American Development Bank

   

2.375%, 08/15/17

    2,000,000        2,096,066   

6.800%, 10/15/25

    500,000        656,297   

7.000%, 06/15/25

    200,000        267,926   

International Bank for Reconstruction & Development

   

2.375%, 05/26/15 (b)

    1,420,000        1,468,337   

7.625%, 01/19/23

    1,400,000        1,943,090   

8.875%, 03/01/26

    535,000        813,580   
   

 

 

 
      26,977,397   
   

 

 

 

Office/Business Equipment—0.2%

  

Xerox Corp.

   

6.350%, 05/15/18 (b)

    2,550,000        2,923,152   
   

 

 

 

Oil & Gas—1.7%

  

Anadarko Petroleum Corp.

   

6.375%, 09/15/17

    2,445,000        2,845,795   

Apache Finance Canada Corp.

   

7.750%, 12/15/29

    300,000        376,558   

Canadian Natural Resources, Ltd.

   

6.250%, 03/15/38

    1,800,000        2,000,826   

Chevron Corp.

   

3.191%, 06/24/23

    3,025,000        2,951,282   

ConocoPhillips Canada Funding Co. I

   

5.950%, 10/15/36

    1,550,000        1,791,853   

ConocoPhillips Holding Co.

   

6.950%, 04/15/29

    700,000        888,328   

Oil & Gas—(Continued)

  

Devon Energy Corp.

   

6.300%, 01/15/19 (b)

    850,000      995,719   

Marathon Oil Corp.

   

6.600%, 10/01/37 (b)

    2,000,000        2,344,464   

Petrobras International Finance Co.

   

2.875%, 02/06/15

    2,900,000        2,942,188   

6.125%, 10/06/16

    600,000        655,903   

Petroleos Mexicanos

   

4.875%, 03/15/15 (b)

    2,700,000        2,828,250   

Shell International Finance B.V.

   

4.300%, 09/22/19

    1,000,000        1,101,075   

Statoil ASA

   

6.700%, 01/15/18

    300,000        355,087   

Suncor Energy, Inc.

   

6.100%, 06/01/18 (b)

    2,500,000        2,915,594   

Total Capital International S.A.

   

2.700%, 01/25/23

    3,000,000        2,799,568   

Transocean, Inc.

   

6.375%, 12/15/21

    2,035,000        2,251,831   

XTO Energy, Inc.

   

6.500%, 12/15/18

    1,600,000        1,972,926   
   

 

 

 
      32,017,247   
   

 

 

 

Oil & Gas Services—0.2%

  

Weatherford International, Ltd.

   

4.500%, 04/15/22 (b)

    2,300,000        2,269,803   

9.625%, 03/01/19

    1,500,000        1,893,819   
   

 

 

 
      4,163,622   
   

 

 

 

Pharmaceuticals—0.9%

  

Abbott Laboratories

   

5.125%, 04/01/19

    1,073,000        1,220,447   

AstraZeneca plc

   

5.400%, 06/01/14

    639,000        660,322   

Bristol-Myers Squibb Co.

   

5.875%, 11/15/36

    2,000,000        2,338,191   

Eli Lilly & Co.

   

4.200%, 03/06/14

    900,000        914,604   

Express Scripts Holding Co.

   

6.125%, 11/15/41

    1,520,000        1,721,336   

GlaxoSmithKline Capital, Inc.

   

6.375%, 05/15/38

    2,100,000        2,591,830   

Johnson & Johnson

   

5.950%, 08/15/37

    910,000        1,098,664   

6.950%, 09/01/29 (b)

    250,000        335,465   

Merck & Co., Inc.

   

6.550%, 09/15/37

    1,000,000        1,255,696   

Merck Sharp & Dohme Corp.

   

5.950%, 12/01/28

    300,000        357,756   

Novartis Capital Corp.

   

4.400%, 04/24/20

    900,000        985,890   

Sanofi

   

4.000%, 03/29/21

    2,775,000        2,937,433   

Wyeth LLC

   

5.500%, 02/15/16

    1,700,000        1,882,039   
   

 

 

 
      18,299,673   
   

 

 

 

 

MSF-13


Table of Contents

Metropolitan Series Fund

Barclays Aggregate Bond Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Corporate Bonds & Notes—(Continued)

 

Security Description   Principal
Amount*
    Value  

Pipelines—0.7%

  

El Paso Natural Gas Co. LLC

   

8.375%, 06/15/32

    220,000      $ 283,499   

Energy Transfer Partners L.P.

   

4.650%, 06/01/21

    1,950,000        2,000,721   

Enterprise Products Operating LLC

   

6.300%, 09/15/17

    1,900,000        2,206,068   

Kinder Morgan Energy Partners L.P.

   

6.500%, 02/01/37

    2,000,000        2,150,581   

Plains All American Pipeline L.P./PAA Finance Corp.

   

6.500%, 05/01/18

    2,485,000        2,931,751   

Tennessee Gas Pipeline Co. LLC

   

7.000%, 10/15/28 (b)

    1,050,000        1,271,608   

7.625%, 04/01/37

    640,000        816,089   

TransCanada PipeLines, Ltd.

   

6.200%, 10/15/37

    1,800,000        2,066,779   
   

 

 

 
      13,727,096   
   

 

 

 

Real Estate—0.0%

  

Regency Centers L.P.

   

5.250%, 08/01/15

    850,000        906,190   
   

 

 

 

Real Estate Investment Trusts—0.4%

  

AvalonBay Communities, Inc.

   

6.100%, 03/15/20

    860,000        989,896   

ERP Operating L.P.

   

5.750%, 06/15/17 (b)

    900,000        1,012,401   

HCP, Inc.

   

5.375%, 02/01/21

    2,591,000        2,805,993   

Kimco Realty Corp.

   

6.875%, 10/01/19

    550,000        662,549   

Simon Property Group L.P.

   

5.250%, 12/01/16

    2,000,000        2,221,015   
   

 

 

 
      7,691,854   
   

 

 

 

Retail—0.7%

  

Costco Wholesale Corp.

   

5.500%, 03/15/17

    465,000        528,415   

Home Depot, Inc. (The)

   

4.400%, 04/01/21

    1,450,000        1,574,735   

5.400%, 03/01/16

    900,000        996,017   

Lowe’s Cos., Inc.

   

6.875%, 02/15/28

    1,000,000        1,235,078   

McDonald’s Corp.

   

5.350%, 03/01/18 (b)

    885,000        1,020,242   

Target Corp.

   

6.350%, 11/01/32

    1,000,000        1,210,495   

Wal-Mart Stores, Inc.

   

2.550%, 04/11/23

    4,000,000        3,694,800   

5.250%, 09/01/35

    935,000        1,002,070   

5.625%, 04/15/41

    1,900,000        2,131,529   

Walgreen Co.

   

5.250%, 01/15/19

    900,000        1,015,209   
   

 

 

 
      14,408,590   
   

 

 

 
Security Description   Principal
Amount*
    Value  

Semiconductors—0.1%

  

Intel Corp.

   

2.700%, 12/15/22

    2,000,000      $ 1,849,832   
   

 

 

 

Software—0.3%

  

Adobe Systems, Inc.

   

4.750%, 02/01/20

    2,200,000        2,378,521   

Microsoft Corp.

   

2.950%, 06/01/14

    1,400,000        1,423,968   

Oracle Corp.

   

5.250%, 01/15/16

    2,000,000        2,197,814   
   

 

 

 
      6,000,303   
   

 

 

 

Telecommunications—1.8%

  

AT&T Mobility LLC

   

7.125%, 12/15/31

    100,000        122,861   

AT&T, Inc.

   

5.800%, 02/15/19

    1,700,000        1,953,590   

6.300%, 01/15/38

    1,300,000        1,398,023   

British Telecommunications plc

   

9.625%, 12/15/30

    1,000,000        1,473,697   

Cellco Partnership/Verizon Wireless Capital LLC

   

5.550%, 02/01/14

    850,000        863,258   

8.500%, 11/15/18

    750,000        959,240   

Cisco Systems, Inc.

   

5.500%, 01/15/40 (b)

    2,000,000        2,201,056   

Deutsche Telekom International Finance B.V.

   

5.750%, 03/23/16

    460,000        508,023   

8.750%, 06/15/30

    1,000,000        1,379,026   

Orange S.A.

   

2.750%, 09/14/16 (b)

    2,857,000        2,943,411   

Rogers Communications, Inc.

   

6.800%, 08/15/18

    800,000        959,287   

Telecom Italia Capital S.A.

   

5.250%, 10/01/15

    2,725,000        2,849,898   

Telefonica Emisiones S.A.U.

   

6.221%, 07/03/17

    1,400,000        1,543,770   

Verizon Communications, Inc.

   

4.600%, 04/01/21

    2,400,000        2,537,428   

5.150%, 09/15/23

    3,510,000        3,761,969   

6.100%, 04/15/18

    1,600,000        1,852,385   

6.550%, 09/15/43

    3,304,000        3,730,008   

Verizon New York, Inc.

   

7.375%, 04/01/32 (b)

    500,000        574,925   

Vodafone Group plc

   

6.150%, 02/27/37

    2,170,000        2,366,110   
   

 

 

 
      33,977,965   
   

 

 

 

Transportation—0.3%

  

CSX Corp.

   

6.150%, 05/01/37

    1,600,000        1,811,993   

7.900%, 05/01/17

    500,000        599,779   

Norfolk Southern Corp.

   

3.000%, 04/01/22

    1,911,000        1,830,647   

5.590%, 05/17/25

    28,000        31,500   

 

MSF-14


Table of Contents

Metropolitan Series Fund

Barclays Aggregate Bond Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Corporate Bonds & Notes—(Continued)

 

Security Description   Principal
Amount*
    Value  

Transportation—(Continued)

  

Union Pacific Corp.

   

6.625%, 02/01/29

    1,200,000      $ 1,454,611   

United Parcel Service, Inc.

   

5.125%, 04/01/19 (b)

    760,000        870,752   
   

 

 

 
      6,599,282   
   

 

 

 

Total Corporate Bonds & Notes
(Cost $446,100,783)

      456,311,165   
   

 

 

 
Foreign Government—1.8%   

Regional Government—0.5%

  

Province of British Columbia

   

2.000%, 10/23/22

    1,970,000        1,802,237   

Province of Nova Scotia

   

5.125%, 01/26/17

    900,000        1,013,808   

9.250%, 03/01/20

    250,000        338,516   

Province of Ontario

   

2.450%, 06/29/22

    4,000,000        3,752,600   

4.400%, 04/14/20 (b)

    2,100,000        2,331,659   

Province of Quebec

   

7.500%, 07/15/23

    350,000        459,440   
   

 

 

 
      9,698,260   
   

 

 

 

Sovereign—1.3%

  

Brazilian Government International Bonds

   

6.000%, 01/17/17

    3,755,000        4,220,620   

7.125%, 01/20/37

    1,650,000        1,959,375   

Colombia Government International Bond

   

8.125%, 05/21/24

    1,500,000        1,950,000   

Italy Government International Bond

   

4.500%, 01/21/15

    1,475,000        1,532,938   

Mexico Government International Bonds

   

6.750%, 09/27/34

    1,050,000        1,265,250   

8.000%, 09/24/22 (b)

    2,200,000        2,970,000   

Panama Government International Bond

   

5.200%, 01/30/20 (b)

    1,370,000        1,500,150   

Peruvian Government International Bond

   

8.750%, 11/21/33

    1,450,000        2,088,000   

Philippine Government International Bond

   

5.000%, 01/13/37 (b)

    1,740,000        1,892,250   

Republic of Korea

   

7.125%, 04/16/19

    1,600,000        1,981,641   

Turkey Government International Bonds

   

6.250%, 09/26/22

    1,607,000        1,719,490   

7.375%, 02/05/25

    1,473,000        1,664,490   
   

 

 

 
      24,744,204   
   

 

 

 

Total Foreign Government
(Cost $34,549,388)

      34,442,464   
   

 

 

 
Mortgage-Backed Securities—1.7%   
Security Description   Principal
Amount*
    Value  

Commercial Mortgage-Backed Securities—1.7%

  

Bear Stearns Commercial Mortgage Securities

   

5.540%, 09/11/41

    1,000,000      1,095,080   

5.694%, 06/11/50 (a)

    1,500,000        1,690,221   

Citigroup/Deutsche Bank Commercial Mortgage Trust

   

5.393%, 07/15/44 (a)

    2,000,000        2,140,621   

Citigroup Commercial Mortgage Trust

   

4.733%, 10/15/41

    1,000,000        1,024,434   

5.431%, 10/15/49

    1,500,000        1,652,065   

5.605%, 04/15/40 (a)

    910,005        923,780   

5.951%, 03/15/49 (a)

    1,800,000        1,970,572   

Commercial Mortgage Pass-Through Certificates

   

5.993%, 12/10/49 (a)

    2,400,000        2,734,080   

Credit Suisse First Boston Mortgage Securities Corp.

   

4.691%, 10/15/39

    324,576        332,243   

GMAC Commercial Mortgage Securities, Inc.

   

4.697%, 05/10/43

    1,500,000        1,564,508   

Greenwich Capital Commercial Funding Corp.

   

5.317%, 06/10/36 (a)

    712,195        718,955   

GS Mortgage Securities Corp. II

   

3.377%, 05/10/45

    2,750,000        2,746,575   

4.751%, 07/10/39

    2,000,000        2,092,320   

JPMorgan Chase Commercial Mortgage Securities Trust

   

5.420%, 01/15/49

    2,500,000        2,769,033   

5.440%, 06/12/47

    890,000        983,829   

LB-UBS Commercial Mortgage Trust

   

5.156%, 02/15/31

    2,500,000        2,689,106   

Merrill Lynch Mortgage Trust

   

4.855%, 10/12/41 (a)

    485,246        496,875   

Morgan Stanley Capital I Trust

   

4.989%, 08/13/42

    1,000,000        1,054,886   

5.816%, 06/11/42 (a)

    2,000,000        2,265,687   

6.107%, 06/11/49 (a)

    1,430,000        1,605,545   
   

 

 

 

Total Mortgage-Backed Securities
(Cost $30,915,135)

      32,550,415   
   

 

 

 
Municipals—0.6%   

Los Angeles Community College District

   

6.750%, 08/01/49

    2,210,000        2,732,621   

Los Angeles Unified School District, Build America Bonds

   

6.758%, 07/01/34

    2,160,000        2,651,378   

Municipal Electric Authority of Georgia

   

6.637%, 04/01/57

    2,000,000        2,068,300   

State of California

   

7.300%, 10/01/39

    2,000,000        2,516,940   

State of Illinois

   

5.100%, 06/01/33

    1,230,000        1,090,555   
   

 

 

 

Total Municipals
(Cost $9,906,837)

      11,059,794   
   

 

 

 

 

MSF-15


Table of Contents

Metropolitan Series Fund

Barclays Aggregate Bond Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Asset-Backed Securities—0.3%

 

Security Description   Principal
Amount*/
Shares
    Value  

Asset-Backed - Automobile—0.2%

  

CarMax Auto Owner Trust

   

0.970%, 04/16/18

    3,145,000      $ 3,149,984   

Honda Auto Receivables Owner Trust

   

0.770%, 05/15/17

    355,000        355,149   
   

 

 

 
      3,505,133   
   

 

 

 

Asset-Backed - Credit Card—0.1%

  

Citibank Credit Card Issuance Trust

   

4.850%, 03/10/17

    2,500,000        2,653,804   
   

 

 

 

Asset-Backed - Home Equity—0.0%

  

Centex Home Equity Loan Trust

   

4.250%, 12/25/31

    57,535        57,661   
   

 

 

 

Total Asset-Backed Securities
(Cost $6,412,881)

      6,216,598   
   

 

 

 
Short-Term Investments—20.2%   

Discount Notes—1.7%

  

Federal Home Loan Bank

   

0.020%, 12/20/13 (c)

    6,200,000        6,199,724   

0.020%, 01/13/14 (c)

    4,100,000        4,099,763   

0.046%, 02/21/14 (c)

    4,000,000        3,999,285   

0.086%, 12/18/13 (c)

    3,000,000        2,999,448   

Federal Home Loan Mortgage Corp.

   

0.025%, 12/17/13 (c)

    9,100,000        9,099,513   

0.117%, 10/28/13 (c)

    6,400,000        6,399,448   
   

 

 

 
      32,797,181   
   

 

 

 

Mutual Fund—18.0%

  

State Street Navigator Securities Lending MET Portfolio (d)

    349,047,308        349,047,308   
   

 

 

 
Security Description       
Principal
Amount*
    Value  

U.S. Treasury—0.5%

  

U.S. Treasury Bills

   

0.013%, 10/10/13 (b) (c)

    700,000      699,998   

0.021%, 10/10/13 (b) (c)

    5,600,000        5,599,971   

0.041%, 10/10/13 (b) (c)

    3,100,000        3,099,969   

0.047%, 10/10/13 (b) (c)

    300,000        299,997   
   

 

 

 
      9,699,935   
   

 

 

 

Total Short-Term Investments
(Cost $391,544,424)

      391,544,424   
   

 

 

 

Total Investments—118.1%
(Cost $2,232,338,698) (e)

      2,286,643,462   

Other assets and liabilities (net)—(18.1)%

      (350,296,230
   

 

 

 
Net Assets—100.0%     $ 1,936,347,232   
   

 

 

 

 

* Principal amount stated in U.S. dollars unless otherwise noted.
(a) Variable or floating rate security. The stated rate represents the rate at September 30, 2013. Maturity date shown for callable securities reflects the earliest possible call date.
(b) All or a portion of the security was held on loan. As of September 30, 2013, the market value of securities loaned was $392,190,971 and the collateral received consisted of cash in the amount of $349,047,308 and non-cash collateral with a value of $55,017,354. The cash collateral is invested in a money market fund managed by an affiliate of the custodian. The non-cash collateral received consists primarily of government securities and bank letters of credit, and is held for the benefit of the Portfolio at the Portfolio’s custodian. The Portfolio cannot repledge or resell this collateral.
(c) The rate shown represents the discount rate at the time of purchase by the Portfolio.
(d) Represents investment of cash collateral received from securities lending transactions.
(e) As of September 30, 2013, the aggregate cost of investments was $2,232,338,698. The aggregate unrealized appreciation and depreciation of investments were $83,587,354 and $(29,282,590), respectively, resulting in net unrealized appreciation of $54,304,764.
(ARM)— Adjustable-Rate Mortgage

 

MSF-16


Table of Contents

Metropolitan Series Fund

Barclays Aggregate Bond Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

Fair Value Hierarchy

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to the Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1      Level 2     Level 3      Total  

Total U.S. Treasury & Government Agencies*

   $ —         $ 1,354,518,602      $ —         $ 1,354,518,602   

Total Corporate Bonds & Notes*

     —           456,311,165        —           456,311,165   

Total Foreign Government*

     —           34,442,464        —           34,442,464   

Total Mortgage-Backed Securities*

     —           32,550,415        —           32,550,415   

Total Municipals

     —           11,059,794        —           11,059,794   

Total Asset-Backed Securities*

     —           6,216,598        —           6,216,598   
Short-Term Investments           

Discount Notes

     —           32,797,181        —           32,797,181   

Mutual Fund

     349,047,308         —          —           349,047,308   

U.S. Treasury

     —           9,699,935        —           9,699,935   

Total Short-Term Investments

     349,047,308         42,497,116        —           391,544,424   

Total Investments

   $ 349,047,308       $ 1,937,596,154      $ —         $ 2,286,643,462   
                                    

Collateral for Securities Loaned (Liability)

   $ —         $ (349,047,308   $ —         $ (349,047,308

 

* See Schedule of Investments for additional detailed categorizations.

 

MSF-17


Table of Contents

Metropolitan Series Fund

BlackRock Bond Income Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

U.S. Treasury & Government Agencies—57.1% of Net Assets

 

Security Description   Principal
Amount
    Value  

Agency Sponsored Mortgage-Backed—37.1%

  

Fannie Mae 15 Yr.

   

2.500%, TBA

  $ 69,400,000      $ 69,790,375   

3.000%, TBA

    32,400,000        33,544,125   

3.500%, TBA

    15,700,000        16,565,952   

4.500%, TBA

    12,900,000        13,702,219   

Fannie Mae 15 Yr. Pool

   

3.500%, 07/01/28

    3,873,822        4,100,389   

4.000%, 02/01/25

    8,897,640        9,452,783   

4.000%, 09/01/25

    1,626,895        1,727,137   

4.000%, 10/01/25

    4,457,252        4,730,464   

4.000%, 01/01/26

    1,355,939        1,439,626   

4.000%, 04/01/26

    832,285        890,533   

4.000%, 07/01/26

    3,864,561        4,101,958   

4.000%, 08/01/26

    1,691,620        1,796,247   

4.500%, 12/01/20

    3,025,906        3,218,904   

4.500%, 02/01/25

    1,804,931        1,918,215   

4.500%, 04/01/25

    301,742        320,708   

4.500%, 07/01/25

    1,251,204        1,330,013   

4.500%, 06/01/26

    26,602,365        28,260,827   

Fannie Mae 20 Yr. Pool
5.000%, 05/01/23

    8,195        8,877   

Fannie Mae 30 Yr.

   

3.000%, TBA

    12,000,000        11,722,500   

5.500%, TBA

    5,000,000        5,442,190   

6.000%, TBA

    17,500,000        19,137,895   

Fannie Mae 30 Yr. Pool

   

3.000%, 02/01/43

    11,548,528        11,294,724   

3.000%, 03/01/43

    31,850,677        31,145,866   

3.000%, 04/01/43

    22,100,420        21,612,538   

3.000%, 05/01/43

    30,333,555        29,667,910   

3.000%, 06/01/43

    3,746,154        3,665,508   

3.500%, 03/01/43

    498,459        508,112   

3.500%, 05/01/43

    1,289,531        1,314,501   

3.500%, 07/01/43

    3,377,117        3,442,483   

3.500%, 08/01/43

    37,867,290        38,605,435   

4.000%, 01/01/25

    46,617        49,499   

4.000%, 05/15/42

    157,532        166,364   

4.000%, 06/01/43

    3,410,698        3,583,129   

4.000%, 07/01/43

    14,729,608        15,470,523   

4.000%, 08/01/43

    79,189,781        83,160,068   

4.000%, 09/01/43

    18,567,037        19,491,792   

4.500%, 11/01/39

    662,701        709,327   

4.500%, 08/01/41

    362,315        386,895   

4.500%, 09/01/41

    1,823,392        1,950,406   

4.500%, 08/01/42

    2,467,200        2,658,380   

4.500%, 08/01/43

    503,955        539,247   

4.500%, 09/01/43

    46,911,731        50,205,734   

4.500%, 10/01/43

    5,105,338        5,463,706   

5.000%, 11/01/32

    26,826        29,204   

5.000%, 03/01/33

    22,515        24,399   

5.000%, 04/01/33

    164,004        178,463   

5.000%, 07/01/33

    264,308        287,256   

5.000%, 08/01/33

    39,656        43,177   

5.000%, 09/01/33

    4,415,330        4,803,042   

5.000%, 11/01/33

    1,050,264        1,142,536   

5.000%, 12/01/33

    431,122        469,054   

Agency Sponsored Mortgage-Backed—(Continued)

  

Fannie Mae 30 Yr. Pool

   

5.000%, 02/01/34

  170,457      185,430   

5.000%, 03/01/34

    130,451        141,727   

5.000%, 04/01/34

    46,721        50,782   

5.000%, 06/01/34

    73,995        80,344   

5.000%, 07/01/34

    8,482,068        9,206,175   

5.000%, 10/01/34

    3,551,625        3,864,365   

5.000%, 12/01/34

    122,225        132,794   

5.000%, 04/01/35

    14,290        15,525   

5.000%, 07/01/35

    10,575,554        11,501,255   

5.000%, 09/01/35

    17,354        18,873   

5.000%, 10/01/35

    6,524,684        7,095,625   

5.000%, 12/01/35

    2,007,140        2,179,177   

5.000%, 08/01/36

    1,957,083        2,124,327   

5.000%, 07/01/37

    965,093        1,050,169   

5.000%, 11/01/40

    10,994,957        11,949,994   

5.000%, 04/01/41

    150,849        164,344   

5.000%, 07/01/41

    1,001,774        1,094,152   

5.000%, 08/01/41

    1,258,451        1,371,519   

5.000%, 01/01/42

    389,736        424,412   

5.500%, 11/01/32

    4,060,925        4,436,351   

5.500%, 12/01/32

    648,864        708,661   

5.500%, 01/01/33

    2,885,887        3,156,587   

5.500%, 12/01/33

    784,581        856,666   

5.500%, 08/01/37

    6,757,489        7,383,796   

5.500%, 04/01/41

    1,052,798        1,154,672   

6.000%, 02/01/34

    673,692        745,432   

6.000%, 08/01/34

    527,878        584,158   

6.000%, 04/01/35

    8,057,991        8,917,833   

6.000%, 06/01/36

    1,429,733        1,583,587   

6.000%, 02/01/38

    1,920,700        2,100,950   

6.000%, 03/01/38

    790,938        865,695   

6.000%, 05/01/38

    2,318,902        2,536,840   

6.000%, 10/01/38

    1,572,103        1,717,441   

6.000%, 12/01/38

    894,608        979,609   

6.500%, 05/01/40

    15,312,147        16,923,333   

Fannie Mae ARM Pool

   

3.055%, 03/01/41 (a)

    1,043,071        1,087,924   

3.148%, 03/01/41 (a)

    1,266,974        1,318,169   

3.223%, 12/01/40 (a)

    2,283,778        2,393,437   

3.349%, 06/01/41 (a)

    4,902,207        5,122,127   

3.494%, 09/01/41 (a)

    3,622,938        3,784,592   

5.050%, 08/01/38 (a)

    1,570,882        1,677,742   

Fannie Mae REMICS (CMO)
5.000%, 04/25/35

    413,513        445,845   

FHLMC Multifamily Structured Pass-Through Certificates

   

1.025%, 09/25/22 (a) (b)

    41,836,876        2,576,273   

1.028%, 10/25/22 (a) (b)

    52,695,689        3,315,191   

1.560%, 12/25/18 (a) (b)

    24,909,684        1,705,940   

1.646%, 06/25/22 (a) (b)

    16,713,477        1,669,242   

1.875%, 08/25/16 (a) (b)

    12,379,973        443,451   

1.884%, 03/25/22 (a) (b)

    12,187,683        1,365,983   

1.914%, 05/25/19 (a) (b)

    20,496,955        1,707,929   

2.615%, 01/25/23

    14,110,000        13,311,938   

2.637%, 01/25/23

    7,835,000        7,452,989   

 

MSF-18


Table of Contents

Metropolitan Series Fund

BlackRock Bond Income Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

U.S. Treasury & Government Agencies—(Continued)

 

Security Description   Principal
Amount
    Value  

Agency Sponsored Mortgage-Backed—(Continued)

  

FHLMC Multifamily Structured Pass-Through Certificates

   

3.250%, 04/25/23 (a)

  $ 5,745,000      $ 5,721,773   

3.300%, 04/25/23

    13,145,000        13,119,959   

3.310%, 05/25/23 (a)

    8,470,000        8,439,685   

Freddie Mac 15 Yr.

   

2.500%, TBA

    19,100,000        19,210,421   

3.000%, TBA

    11,100,000        11,472,891   

Freddie Mac 30 Yr.

   

3.000%, TBA

    19,700,000        19,170,562   

3.500%, TBA

    107,000,000        108,605,000   

4.000%, TBA

    46,900,000        48,916,829   

4.500%, TBA

    1,300,000        1,379,422   

5.000%, TBA

    29,100,000        31,324,254   

5.500%, TBA

    12,400,000        13,434,625   

Freddie Mac 30 Yr. Gold Pool

   

3.000%, 03/01/43

    4,714,957        4,593,233   

4.500%, 10/01/41

    33,393,073        35,521,565   

4.500%, 09/01/43

    3,500,000        3,730,446   

Freddie Mac ARM Non-Gold Pool

   

3.033%, 02/01/41 (a)

    2,021,296        2,111,587   

Freddie Mac Multi-Family Mortgage Trust

   

3.563%, 08/25/45 (144A) (a)

    4,535,000        4,370,434   

3.655%, 10/25/45 (144A) (a)

    3,440,000        3,094,246   

3.740%, 04/25/45 (144A) (a)

    3,990,000        3,695,538   

4.162%, 11/25/44 (144A) (a)

    769,500        728,932   

Ginnie Mae

   

1.014%, 02/16/53 (a) (b)

    28,096,642        2,090,587   

Ginnie Mae 30 Yr.

   

3.000%, TBA

    37,600,000        37,159,373   

3.500%, TBA

    58,500,000        60,346,412   

4.000%, TBA

    8,600,000        9,102,562   

4.500%, TBA

    17,300,000        18,570,469   

5.000%, TBA

    26,700,000        29,007,046   

5.500%, TBA

    12,500,000        13,685,547   

Ginnie Mae I 15 Yr. Pool
7.500%, 12/15/14

    13,945        14,216   

Ginnie Mae I 30 Yr. Pool

   

3.500%, 02/15/42

    498,311        514,154   

3.500%, 04/15/42

    697,554        719,724   

3.500%, 05/15/42

    597,703        616,712   

3.500%, 08/15/42

    956,289        986,195   

3.500%, 11/15/42

    697,622        719,483   

3.500%, 12/15/42

    1,993,234        2,055,585   

3.500%, 01/15/43

    797,110        822,134   

3.500%, 02/15/43

    1,295,787        1,336,627   

3.500%, 03/15/43

    697,396        719,403   

3.500%, 04/15/43

    2,491,729        2,570,575   

3.500%, 05/15/43

    4,757,864        4,908,682   

3.500%, 06/15/43

    1,196,038        1,233,987   

3.500%, 07/15/43

    3,981,042        4,107,496   

4.000%, 12/15/41

    184,433        194,820   

4.000%, 09/15/42

    21,237,334        22,478,569   

5.000%, 12/15/38

    1,087,236        1,185,513   

5.000%, 07/15/39

    2,711,156        2,947,342   

Agency Sponsored Mortgage-Backed—(Continued)

  

Ginnie Mae I 30 Yr. Pool

   

5.000%, 12/15/40

  3,728,484      4,064,773   

5.500%, 04/15/33

    77,411        85,442   

6.500%, 04/15/33

    56,237        63,039   

8.000%, 11/15/29

    6,520        6,667   

8.500%, 01/15/17

    4,862        4,971   

8.500%, 03/15/17

    1,276        1,281   

8.500%, 05/15/17

    627        630   

8.500%, 11/15/21

    3,103        3,118   

8.500%, 05/15/22

    1,405        1,502   

9.000%, 10/15/16

    1,824        1,833   

Ginnie Mae II 30 Yr. Pool

   

4.000%, 11/20/40

    15,784,934        16,756,999   

4.000%, 02/20/41

    10,649,065        11,319,890   

4.500%, 05/20/41

    36,227,506        39,197,525   

4.500%, 06/20/41

    3,513,991        3,802,084   

4.500%, 07/20/41

    2,171,050        2,349,044   

4.500%, 02/15/42

    36,879,227        39,924,587   

5.000%, 10/20/33

    2,462,216        2,712,251   

5.000%, 10/20/39

    1,105,744        1,210,790   
   

 

 

 
      1,400,193,628   
   

 

 

 

Federal Agencies—0.2%

  

Federal National Mortgage Association

   

5.125%, 01/02/14

    7,095,000        7,186,412   
   

 

 

 

U.S. Treasury—19.8%

  

U.S. Treasury Bonds

   

2.750%, 08/15/42

    11,015,000        9,130,400   

2.750%, 11/15/42

    465,000        384,860   

3.625%, 08/15/43

    71,740,000        70,910,542   

U.S. Treasury Inflation Protected Bonds (TIPS)

   

0.750%, 02/15/42

    14,354,035        12,285,030   

U.S. Treasury Inflation Protected Notes (TIPS)

   

0.125%, 01/15/23

    47,892,900        46,590,788   

0.375%, 07/15/23

    99,854,045        99,339,197   

U.S. Treasury Notes

   

0.250%, 05/31/15

    29,515,000        29,509,245   

0.250%, 09/30/15

    6,340,000        6,330,591   

0.375%, 08/31/15

    12,180,000        12,194,275   

0.875%, 09/15/16

    61,170,000        61,619,233   

1.000%, 11/30/19 (c)

    130,390,000        124,369,633   

1.375%, 09/30/18

    44,465,000        44,433,741   

1.500%, 08/31/18

    46,515,000        46,823,906   

1.625%, 11/15/22

    6,432,200        5,955,310   

2.125%, 08/31/20

    50,325,000        50,769,269   

2.500%, 08/15/23

    128,789,000        127,481,019   
   

 

 

 
      748,127,039   
   

 

 

 

Total U.S. Treasury & Government Agencies
(Identified Cost $2,147,085,446)

      2,155,507,079   
   

 

 

 

 

MSF-19


Table of Contents

Metropolitan Series Fund

BlackRock Bond Income Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Corporate Bonds & Notes—21.1%

 

Security Description   Principal
Amount
    Value  

Auto Manufacturers—0.1%

  

General Motors Co.

   

4.875%, 10/02/23 (144A)

  $ 2,350,000      $ 2,297,125   

6.250%, 10/02/43 (144A)

    1,410,000        1,388,850   

Jaguar Land Rover Automatic plc
8.250%, 03/15/20 (GBP)

    220,000        395,870   
   

 

 

 
      4,081,845   
   

 

 

 

Auto Parts & Equipment—0.0%

  

Servus Luxembourg Holding SCA

   

7.750%, 06/15/18 (EUR)

    115,000        157,943   
   

 

 

 

Banks—2.5%

  

ABN Amro Bank NV

   

6.375%, 04/27/21 (EUR)

    880,000        1,325,260   

Bank of America Corp.

   

3.300%, 01/11/23

    16,510,000        15,465,908   

4.100%, 07/24/23

    13,875,000        13,788,767   

Caixa Economica Federal

   

2.375%, 11/06/17 (144A)

    4,670,000        4,366,450   

Citigroup, Inc.

   

3.375%, 03/01/23 (d)

    3,790,000        3,606,443   

4.450%, 01/10/17

    2,290,000        2,479,539   

Commerzbank AG

   

6.375%, 03/22/19 (EUR)

    2,300,000        3,283,843   

Discover Bank

   

7.000%, 04/15/20

    1,678,000        1,976,786   

Fifth Third Capital Trust IV

   

6.500%, 04/15/67 (a)

    3,870,000        3,850,650   

Goldman Sachs Group, Inc.

   

3.625%, 01/22/23 (d)

    10,630,000        10,165,022   

5.750%, 01/24/22

    2,466,000        2,733,914   

HSBC Bank Brasil S.A.

   

4.000%, 05/11/16 (144A) (a)

    13,340,000        13,700,180   

JPMorgan Chase & Co.

   

3.200%, 01/25/23

    4,765,000        4,457,743   

3.250%, 09/23/22

    3,110,000        2,933,952   

5.150%, 12/31/49 (a) (d)

    2,829,000        2,475,375   

Morgan Stanley

   

3.800%, 04/29/16

    2,730,000        2,873,393   

Sberbank of Russia

   

6.125%, 02/07/22

    3,902,000        4,087,345   

State Street Capital Trust IV

   

1.254%, 06/01/77 (a)

    420,000        327,600   
   

 

 

 
      93,898,170   
   

 

 

 

Beverages—0.0%

  

PepsiCo, Inc.
3.600%, 08/13/42

    1,100,000        914,131   
   

 

 

 

Biotechnology—0.2%

  

Life Technologies Corp.

   

6.000%, 03/01/20

    5,550,000        6,249,761   
   

 

 

 

Building Products—0.0%

  

Buzzi Unicem S.p.A.

   

6.250%, 09/28/18 (EUR)

  140,000      202,515   
   

 

 

 

Chemicals—0.5%

  

LYB International Finance BV

   

4.000%, 07/15/23 (d)

    2,026,000        2,008,544   

5.250%, 07/15/43

    46,000        45,235   

LyondellBasell Industries NV

   

5.000%, 04/15/19 (d)

    16,402,000        18,054,436   

Rain CII Carbon, LLC

   

8.500%, 01/15/21 (EUR)

    260,000        349,982   
   

 

 

 
      20,458,197   
   

 

 

 

Coal—0.1%

  

CONSOL Energy, Inc.

   

8.250%, 04/01/20 (d)

    743,000        796,867   

Peabody Energy Corp.

   

6.000%, 11/15/18 (d)

    497,000        495,758   

6.250%, 11/15/21 (d)

    2,913,000        2,825,610   
   

 

 

 
      4,118,235   
   

 

 

 

Commercial Services—0.3%

  

EC Finance plc

   

9.750%, 08/01/17 (EUR)

    247,000        363,392   

La Financiere Atalian S.A.

   

7.250%, 01/15/20 (EUR)

    230,000        311,155   

TMF Group Holding BV

   

9.875%, 12/01/19 (EUR)

    250,000        356,490   

United Rentals N.A., Inc.

   

7.625%, 04/15/22

    8,490,000        9,232,875   

Verisure Holding AB

   

8.750%, 12/01/18 (EUR)

    230,000        330,603   
   

 

 

 
      10,594,515   
   

 

 

 

Computers—0.2%

  

International Business Machines Corp.

   

3.375%, 08/01/23

    8,635,000        8,519,274   
   

 

 

 

Construction & Engineering—0.1%

  

Algeco Scotsman Global Finance plc

   

9.000%, 10/15/18 (EUR)

    230,000        329,825   

Odebrecht Offshore Drilling Finance, Ltd.

   

6.750%, 10/01/22 (144A) (d)

    3,273,000        3,354,825   
   

 

 

 
      3,684,650   
   

 

 

 

Containers & Packaging—0.1%

  

Ardagh Glass Finance plc

   

8.750%, 02/01/20 (EUR)

    133,000        182,660   

Ardagh Packaging Finance plc

   

9.250%, 10/15/20 (EUR)

    109,000        153,740   

Rock Tenn Co.

   

4.000%, 03/01/23

    1,791,000        1,735,251   
   

 

 

 
      2,071,651   
   

 

 

 

 

MSF-20


Table of Contents

Metropolitan Series Fund

BlackRock Bond Income Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Corporate Bonds & Notes—(Continued)

 

Security Description   Principal
Amount
    Value  

Diversified Financial Services—0.7%

  

Discover Financial Services

   

3.850%, 11/21/22

  $ 2,178,000      $ 2,077,991   

Eco-Bat Finance plc

   

7.750%, 02/15/17 (EUR)

    230,000        320,490   

Ford Motor Credit Co., LLC

   

4.375%, 08/06/23 (d)

    1,902,000        1,903,075   

5.000%, 05/15/18

    11,145,000        12,209,916   

Lehman Brothers Holdings, Inc.

   

6.750%, 12/28/17 (e)

    4,775,000        477   

Novus USA Trust 2013-1

   

1.562%, 02/28/14 (144A) (a)

    8,330,000        8,317,505   
   

 

 

 
      24,829,454   
   

 

 

 

Electric—1.5%

  

Cleveland Electric Illuminating Co.

   

5.950%, 12/15/36

    2,527,000        2,580,626   

8.875%, 11/15/18

    1,390,000        1,783,009   

Dominion Resources, Inc.

   

1.950%, 08/15/16

    6,100,000        6,224,373   

Duke Energy Carolinas, LLC

   

4.250%, 12/15/41

    3,680,000        3,465,294   

Energy Future Intermediate Holding Co., LLC

   

10.000%, 12/01/20

    18,170,000        19,146,638   

Florida Power Corp.

   

6.400%, 06/15/38

    1,300,000        1,583,449   

Georgia Power Co.

   

3.000%, 04/15/16

    5,930,000        6,184,361   

Jersey Central Power & Light Co.

   

7.350%, 02/01/19

    2,335,000        2,801,045   

MidAmerican Energy Holdings Co.

   

6.500%, 09/15/37

    4,650,000        5,492,394   

PacifiCorp.
4.100%, 02/01/42 (d)

    2,700,000        2,470,557   

The Southern Co.
1.950%, 09/01/16

    2,603,000        2,653,131   

Trans-Allegheny Interstate Line Co.
4.000%, 01/15/15 (144A)

    1,525,000        1,574,742   
   

 

 

 
      55,959,619   
   

 

 

 

Electronics—0.1%

   

Rexel S.A.
5.125%, 06/15/20 (EUR)

    2,047,000        2,842,671   

Trionista Holdco GmbH
5.000%, 04/30/20 (EUR)

    306,000        418,443   

Trionista TopCo GmbH
6.875%, 04/30/21 (EUR)

    131,000        181,282   
   

 

 

 
      3,442,396   
   

 

 

 

Food—0.0%

   

Bakkavor Finance 2 plc

   

8.250%, 02/15/18 (GBP)

    220,000        373,966   

8.750%, 06/15/20 (GBP)

    180,000        308,886   
   

 

 

 
      682,852   
   

 

 

 

Healthcare Products—0.2%

   

Boston Scientific Corp.
2.650%, 10/01/18

  1,376,000      1,376,601   

Edwards Lifesciences, Corp.
2.875%, 10/15/18

    6,676,000        6,649,717   

IDH Finance plc

   

6.000%, 12/01/18 (GBP)

    209,000        339,619   

6.000%, 12/01/18 (GBP) (144A)

    100,000        162,497   

Ontex IV S.A.
9.000%, 04/15/19 (EUR)

    240,000        343,354   
   

 

 

 
      8,871,788   
   

 

 

 

Healthcare Services—0.7%

   

Coventry Health Care, Inc.
5.450%, 06/15/21

    4,598,000        5,107,472   

HCA, Inc.
7.250%, 09/15/20 (d)

    8,300,000        9,026,250   

Priory Group No. 3 plc
7.000%, 02/15/18 (GBP)

    270,000        449,123   

Tenet Healthcare Corp.
6.250%, 11/01/18 (d)

    4,710,000        5,027,925   

UnitedHealth Group, Inc.
3.375%, 11/15/21

    1,560,000        1,555,325   

WellPoint, Inc.

   

1.875%, 01/15/18 (d)

    5,170,000        5,124,706   

2.300%, 07/15/18

    345,000        345,159   
   

 

 

 
      26,635,960   
   

 

 

 

Household Products—0.4%

   

DFS Furniture Holdings plc
7.625%, 08/15/18 (GBP)

    215,000        368,077   

Magnolia BC S.A.
9.000%, 08/01/20 (EUR)

    100,000        138,978   

Reynolds Group Issuer, Inc.

   

6.875%, 02/15/21 (a)

    8,495,000        9,068,413   

7.875%, 08/15/19

    5,195,000        5,714,500   
   

 

 

 
      15,289,968   
   

 

 

 

Insurance—2.0%

   

American International Group, Inc.

   

3.375%, 08/15/20

    6,820,000        6,824,153   

3.800%, 03/22/17

    9,900,000        10,528,759   

4.125%, 02/15/24

    3,964,000        3,966,731   

4.875%, 06/01/22 (d)

    6,443,000        6,911,799   

5.450%, 05/18/17

    3,540,000        3,957,069   

8.175%, 05/15/68 (a) (d)

    3,600,000        4,213,800   

AXA S.A.
5.250%, 04/16/40 (EUR) (a)

    4,150,000        5,908,543   

Manulife Financial Corp.
3.400%, 09/17/15

    1,510,000        1,573,277   

Muenchener Rueckversicherungs AG
6.000%, 05/26/41 (EUR) (a)

    3,100,000        4,788,355   

Prudential Financial, Inc.

   

4.500%, 11/15/20 (d)

    2,500,000        2,685,992   

4.750%, 09/17/15

    4,010,000        4,302,529   

 

MSF-21


Table of Contents

Metropolitan Series Fund

BlackRock Bond Income Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Corporate Bonds & Notes—(Continued)

 

Security Description   Principal
Amount
    Value  

Insurance—(Continued)

   

Prudential Financial, Inc.

   

5.375%, 06/21/20

  $ 3,000,000      $ 3,384,210   

5.875%, 09/15/42 (d)

    2,943,000        2,884,140   

7.375%, 06/15/19

    3,860,000        4,779,680   

XL Group plc
6.500%, 12/29/49 (a) (d)

    7,400,000        7,085,500   
   

 

 

 
      73,794,537   
   

 

 

 

Internet—0.0%

   

Cerved Technologies S.p.A.
6.375%, 01/15/20 (EUR)

    231,000        318,977   

Cerved Technologies S.p.A.
8.000%, 01/15/21 (EUR)

    230,000        322,046   
   

 

 

 
      641,023   
   

 

 

 

Leisure Time—0.0%

   

Cirsa Funding Luxembourg S.A.
8.750%, 05/15/18 (EUR)

    268,000        375,254   

Gala Group Finance plc
8.875%, 09/01/18 (GBP)

    210,000        368,057   
   

 

 

 
      743,311   
   

 

 

 

Lodging—0.2%

   

Paris Las Vegas Holding, LLC

   

8.000%, 10/01/20 (144A)

    3,981,000        3,981,000   

11.000%, 10/01/21 (144A)

    4,403,000        4,403,000   
   

 

 

 
      8,384,000   
   

 

 

 

Media—2.1%

   

CBS Corp.

   

4.625%, 05/15/18

    1,525,000        1,669,642   

5.750%, 04/15/20

    770,000        860,041   

8.875%, 05/15/19

    2,705,000        3,457,912   

Comcast Cable Communications, LLC
8.500%, 05/01/27

    2,400,000        3,267,444   

Comcast Corp.

   

4.650%, 07/15/42

    9,912,000        9,425,648   

5.875%, 02/15/18

    2,684,000        3,131,476   

COX Communications, Inc.

   

2.950%, 06/30/23 (144A) (d)

    3,939,000        3,399,928   

4.700%, 12/15/42

    2,559,000        2,072,496   

8.375%, 03/01/39 (144A)

    9,635,000        11,428,652   

DIRECTV Holding, LLC
3.800%, 03/15/22

    4,125,000        3,850,065   

NBCUniversal Enterprise, Inc.
5.250%, 12/31/49 (144A)

    4,100,000        4,059,000   

NBCUniversal Media, LLC

   

4.375%, 04/01/21

    1,990,000        2,142,344   

4.450%, 01/15/43

    3,594,000        3,321,661   

5.150%, 04/30/20

    21,753,000        24,667,119   

Odeon & UCI Finco plc
9.000%, 08/01/18 (GBP)

    209,000        340,042   

Media—(Continued)

   

Unitymedia KabelBW GmbH
9.500%, 03/15/21 (EUR)

  270,000      415,502   
   

 

 

 
      77,508,972   
   

 

 

 

Mining—0.4%

   

BHP Billiton Finance USA, Ltd.

   

3.850%, 09/30/23

    5,849,000        5,893,838   

5.000%, 09/30/43

    2,296,000        2,338,451   

Novelis, Inc.
8.750%, 12/15/20 (d)

    7,985,000        8,763,538   
   

 

 

 
      16,995,827   
   

 

 

 

Miscellaneous Manufacturing—0.0%

   

GCL Holdings SCA
9.375%, 04/15/18 (EUR)

    220,000        319,949   
   

 

 

 

Oil & Gas—3.2%

   

Apache Corp.
4.250%, 01/15/44

    2,555,000        2,235,203   

BP Capital Market plc
2.750%, 05/10/23

    5,810,000        5,306,476   

Laredo Petroleum, Inc.
7.375%, 05/01/22 (d)

    3,500,000        3,710,000   

Linn Energy, LLC
6.750%, 11/01/19 (a) (d)

    4,115,000        3,878,387   

MEG Energy Corp.
6.500%, 03/15/21 (144A) (d)

    8,548,000        8,612,110   

Murphy Oil Corp.

   

2.500%, 12/01/17

    6,472,000        6,423,874   

3.700%, 12/01/22 (d)

    3,406,000        3,174,607   

4.000%, 06/01/22

    1,436,000        1,373,241   

Nexen, Inc.

   

5.875%, 03/10/35

    280,000        289,816   

7.500%, 07/30/39

    2,830,000        3,473,214   

Noble Energy, Inc.

   

4.150%, 12/15/21 (d)

    3,040,000        3,164,865   

6.000%, 03/01/41

    3,290,000        3,702,326   

8.250%, 03/01/19

    3,001,000        3,750,137   

Noble Holding International, Ltd.

   

3.950%, 03/15/22

    1,260,000        1,215,383   

5.250%, 03/15/42 (d)

    5,015,000        4,566,754   

Novatek OAO
4.422%, 12/13/22 (144A)

    3,265,000        2,995,638   

Petrobras International Finance Co.
3.875%, 01/27/16

    8,145,000        8,403,921   

Range Resources Corp.
5.750%, 06/01/21 (d)

    1,060,000        1,113,000   

Shell International Finance BV
4.550%, 08/12/43

    5,885,000        5,797,761   

Sibur Securities, Ltd.
3.914%, 01/31/18 (144A) (d)

    1,970,000        1,871,500   

Total Capital International S.A.
3.700%, 01/15/24

    11,880,000        11,933,211   

Transocean, Inc.

   

2.500%, 10/15/17 (d)

    9,875,000        9,901,504   

 

MSF-22


Table of Contents

Metropolitan Series Fund

BlackRock Bond Income Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Corporate Bonds & Notes—(Continued)

 

Security Description   Principal
Amount
    Value  

Oil & Gas—(Continued)

  

Transocean, Inc.
5.050%, 12/15/16

  $ 5,690,000      $ 6,235,603   

6.000%, 03/15/18 (d)

    11,988,000        13,507,671   

6.500%, 11/15/20

    4,265,000        4,760,789   
   

 

 

 
      121,396,991   
   

 

 

 

Paper & Forest Products—0.4%

  

International Paper Co.
4.750%, 02/15/22 (d)

    15,469,000        16,291,270   
   

 

 

 

Pharmaceuticals—0.1%

  

Teva Pharmaceutical Finance Co. BV
3.650%, 11/10/21

    2,000,000        1,985,082   
   

 

 

 

Pipelines—1.0%

  

Energy Transfer Partners, L.P.

   

3.600%, 02/01/23

    7,720,000        7,191,072   

4.150%, 10/01/20 (d)

    6,905,000        7,096,372   

Enterprise Products Operating, LLC
4.450%, 02/15/43

    2,945,000        2,605,300   

Western Gas Partners, L.P.

   

4.000%, 07/01/22

    3,048,000        2,958,121   

5.375%, 06/01/21

    4,913,000        5,254,252   

Williams Cos., Inc.

   

3.700%, 01/15/23

    9,335,000        8,430,784   

7.875%, 09/01/21

    2,186,000        2,606,982   
   

 

 

 
      36,142,883   
   

 

 

 

Real Estate—0.1%

  

Realogy Corp.
7.875%, 02/15/19 (d)

    4,118,000        4,498,915   
   

 

 

 

Real Estate Investment Trusts—0.1%

  

Ventas Realty, L.P.
2.700%, 04/01/20

    1,454,000        1,385,770   

Vornado Realty, L.P.
5.000%, 01/15/22

    2,270,000        2,380,054   
   

 

 

 
      3,765,824   
   

 

 

 

Retail—0.2%

  

Enterprise Inns plc
6.500%, 12/06/18 (GBP)

    296,000        491,174   

House of Fraser Funding plc
8.875%, 08/15/18 (GBP)

    278,000        480,253   

QVC, Inc.
7.500%, 10/01/19 (144A)

    4,045,000        4,352,934   

The Unique Pub Finance Co. plc
5.659%, 06/30/27 (GBP)

    198,424        307,577   

Wal-Mart Stores, Inc.
4.000%, 04/11/43

    3,337,000        2,974,899   
   

 

 

 
      8,606,837   
   

 

 

 

Software—0.2%

  

First Data Corp.
7.375%, 06/15/19 (144A)

  1,245,000      1,310,362   

Oracle Corp.

   

2.500%, 10/15/22

    5,810,000        5,355,966   

3.625%, 07/15/23

    302,000        301,194   
   

 

 

 
      6,967,522   
   

 

 

 

Telecommunications—3.2%

  

America Movil S.A.B. de C.V.
2.375%, 09/08/16

    7,975,000        8,108,980   

CC Holdings GS V, LLC
3.849%, 04/15/23

    4,386,000        3,954,992   

Crown Castle Towers, LLC
6.113%, 01/15/40 (144A)

    5,935,000        6,712,859   

Intelsat Jackson Holdings S.A.
7.250%, 04/01/19

    4,886,000        5,228,020   

Level 3 Financing, Inc.
8.125%, 07/01/19

    5,270,000        5,638,900   

Lynx I Corp.
6.000%, 04/15/21 (GBP)

    240,000        394,364   

MetroPCS Wireless, Inc.
7.875%, 09/01/18 (d)

    270,000        291,938   

Phones4u Finance plc
9.500%, 04/01/18 (GBP)

    190,000        327,585   

SBA Tower Trust
5.101%, 04/15/42 (144A)

    649,000        700,558   

Sprint Corp.
7.875%, 09/15/23 (144A)

    3,535,000        3,605,700   

Sprint Nextel Corp.
9.000%, 11/15/18 (144A)

    10,180,000        11,936,050   

Telenet Finance V Luxembourg SCA
6.750%, 08/15/24 (EUR)

    320,000        441,570   

Verizon Communications, Inc.

   

2.450%, 11/01/22 (d)

    3,370,000        2,988,115   

3.650%, 09/14/18 (d)

    20,055,000        21,131,813   

3.850%, 11/01/42 (d)

    19,771,000        15,612,170   

5.150%, 09/15/23

    14,519,000        15,561,261   

6.550%, 09/15/43

    16,567,000        18,703,099   
   

 

 

 
      121,337,974   
   

 

 

 

Transportation—0.2%

  

Burlington Northern Santa Fe, LLC
3.000%, 03/15/23

    6,925,000        6,516,300   

Gategroup Finance Luxembourg S.A.
6.750%, 03/01/19 (EUR)

    230,000        319,725   
   

 

 

 
      6,836,025   
   

 

 

 

Total Corporate Bonds & Notes
(Identified Cost $797,304,262)

      796,879,866   
   

 

 

 
Asset-Backed Securities—19.2%   

Asset Backed - Automobile—6.4%

  

AmeriCredit Automobile Receivables Trust
1.660%, 09/10/18

    1,400,000        1,402,594   

 

MSF-23


Table of Contents

Metropolitan Series Fund

BlackRock Bond Income Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Asset-Backed Securities—(Continued)

 

Security Description   Principal
Amount
    Value  

Asset Backed - Automobile—(Continued)

  

AmeriCredit Automobile Receivables Trust
2.290%, 11/08/18 (a)

  $ 2,687,000      $ 2,669,062   

2.420%, 05/08/18

    3,450,000        3,501,667   

2.640%, 10/10/17

    3,470,000        3,542,179   

2.720%, 09/09/19

    860,000        869,780   

3.310%, 10/08/19

    2,010,000        2,016,736   

3.440%, 10/08/17 (a)

    5,300,000        5,501,559   

AUTO ABS 2012-2 Srl
2.800%, 04/27/25 (EUR)

    5,197,099        7,092,298   

Capital Auto Receivables Asset Trust
1.740%, 10/22/18

    6,080,000        5,982,617   

Chesapeake Funding, LLC

   

1.782%, 11/07/23 (144A) (a)

    3,230,000        3,244,722   

2.182%, 11/07/23 (144A) (a)

    2,075,000        2,084,423   

Credit Acceptance Auto Loan Trust

   

1.210%, 10/15/20 (144A)

    2,740,000        2,739,214   

1.520%, 03/16/20 (144A) (a)

    4,950,000        4,964,815   

1.830%, 04/15/21 (144A)

    2,350,000        2,331,242   

2.200%, 09/16/19 (144A)

    10,500,000        10,597,818   

DT Auto Owner Trust

   

1.850%, 04/17/17 (144A) (a)

    620,000        620,918   

2.260%, 10/16/17 (144A) (a)

    2,612,722        2,615,703   

2.720%, 04/17/17 (144A) (a)

    200,000        201,584   

DT Auto Owner Trust

   

3.380%, 10/16/17 (144A) (a)

    1,920,000        1,929,875   

4.030%, 02/15/17 (144A)

    2,355,000        2,362,969   

4.940%, 07/16/18 (144A)

    4,500,000        4,583,232   

Ford Credit Floorplan Master Owner Trust

   

1.390%, 09/15/16

    2,525,000        2,534,378   

1.682%, 01/15/16 (a)

    4,765,000        4,778,547   

2.090%, 09/15/16

    4,405,000        4,430,804   

2.282%, 01/15/16 (a)

    4,460,000        4,475,873   

2.860%, 01/15/19

    1,125,000        1,156,720   

3.510%, 01/15/19 (a)

    1,980,000        2,047,562   

Hyundai Auto Receivables Trust
2.610%, 05/15/18

    5,570,000        5,669,709   

Prestige Auto Receivables Trust

   

1.090%, 02/15/18 (144A)

    8,780,811        8,793,754   

1.330%, 05/15/19 (144A)

    6,000,000        5,971,866   

5.180%, 07/16/18 (144A)

    3,900,000        4,039,511   

Santander Drive Auto Receivables Trust
0.800%, 10/17/16 (144A)

    2,960,000        2,957,158   

1.190%, 05/15/18

    8,640,000        8,530,013   

1.210%, 10/16/17 (144A) (a)

    10,680,000        10,653,556   

1.330%, 05/15/17

    4,230,000        4,236,865   

1.480%, 05/15/17 (144A)

    963,523        965,928   

1.560%, 08/15/18

    4,885,000        4,926,347   

1.780%, 11/15/18 (144A) (a)

    19,900,000        19,473,921   

1.890%, 10/15/19 (144A)

    6,435,000        6,433,501   

1.940%, 12/15/16 (a)

    7,860,000        7,947,301   

1.940%, 03/15/18 (a)

    2,915,000        2,893,907   

2.700%, 08/15/18

    2,330,000        2,344,674   

2.720%, 05/16/16 (a)

    2,410,000        2,447,502   

3.120%, 10/15/19 (144A)

    2,490,000        2,492,718   

3.200%, 02/15/18 (a)

    16,830,000        17,309,520   

3.250%, 01/15/20

    4,140,000        4,204,476   

Asset Backed - Automobile—(Continued)

  

Santander Drive Auto Receivables Trust
3.270%, 04/16/18 (a)

  10,710,000      10,993,226   

3.480%, 12/15/17 (a)

    2,600,000        2,651,067   

3.780%, 11/15/17 (a)

    3,250,000        3,322,949   

3.780%, 10/15/19 (144A)

    1,625,000        1,628,298   

4.670%, 01/15/20 (144A)

    9,110,000        9,105,727   
   

 

 

 
      240,272,385   
   

 

 

 

Asset Backed - Credit Card—0.8%

  

CHLUPA Trust
3.326%, 08/15/20 (144A)

    8,281,187        8,281,086   

World Financial Network Credit Card
Master Trust
2.150%, 04/17/23 (a)

    13,085,000        12,760,243   

World Financial Network Credit Card
Master Trust
2.230%, 08/15/22

    10,290,000        10,219,411   
   

 

 

 
      31,260,740   
   

 

 

 

Asset Backed - Home Equity—0.1%

  

GSAA Trust
0.459%, 10/25/35 (a)

    5,349,588        4,820,118   

Option One Mortgage Loan Trust
1.304%, 11/25/32 (a)

    204,571        188,175   
   

 

 

 
      5,008,293   
   

 

 

 

Asset Backed - Other—7.3%

  

321 Henderson Receivables I, LLC

   

3.820%, 12/15/48 (144A)

    2,450,799        2,567,371   

4.070%, 01/15/48 (144A)

    673,883        715,275   

5.560%, 07/15/59 (144A)

    11,783,386        13,398,852   

Anchorage Capital CLO, Ltd.
1.466%, 07/13/25 (a)

    8,780,000        8,725,933   

Battalion CLO, Ltd.
1.689%, 10/22/25 (144A) (a)

    5,205,000        5,191,988   

Benefit Street Partners CLO, Ltd.
1.472%, 07/15/24 (144A) (a)

    2,240,000        2,238,304   

Carlyle Global Market Strategies
1.656%, 01/20/25 (144A) (a)

    16,220,000        16,238,929   

Cavalry CLO II
2.268%, 01/17/24 (144A) (a)

    8,510,000        8,491,584   

Chase Funding Mortgage Loan Asset-Backed Certificates
5.833%, 04/25/32 (a)

    1,006,217        1,028,366   

CT CDO IV, Ltd.
0.490%, 10/20/43 (144A) (a)

    4,485,438        4,175,270   

First Franklin Mortgage Loan Asset Backed Certificates
0.389%, 12/25/36 (a)

    15,369,793        7,816,646   

GoldenTree Loan Opportunities VII, Ltd.
1.414%, 04/25/25 (144A) (a)

    6,620,000        6,604,410   

GT Loan Financing I, Ltd.
1.472%, 10/28/24 (144A) (a)

    5,670,000        5,638,248   

 

MSF-24


Table of Contents

Metropolitan Series Fund

BlackRock Bond Income Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Asset-Backed Securities—(Continued)

 

Security Description   Principal
Amount
    Value  

Asset Backed - Other—(Continued)

  

HLSS Servicer Advance Receivables Backed Notes

   

1.183%, 08/15/44 (144A)

  $ 8,215,000      $ 8,210,071   

1.247%, 01/15/44 (144A)

    6,660,000        6,656,004   

1.287%, 09/15/44 (144A) (a)

    6,230,000        6,230,000   

1.340%, 10/15/43 (144A)

    1,825,000        1,825,548   

1.495%, 01/16/46 (144A)

    13,660,000        13,613,556   

1.495%, 05/16/44 (144A)

    1,175,000        1,167,245   

1.793%, 05/15/46 (144A)

    17,550,000        17,270,955   

1.979%, 08/15/46 (144A)

    3,155,000        3,166,989   

1.990%, 10/15/45 (144A)

    3,745,000        3,761,478   

2.480%, 10/15/45 (144A)

    3,840,000        3,879,552   

ING Investment Management Co.
1.798%, 10/15/22 (144A) (a)

    3,395,000        3,402,683   

KKR CLO Trust
1.423%, 07/15/25 (144A) (a)

    4,895,000        4,845,037   

Knollwood CDO, Ltd.
3.471%, 01/10/39 (144A) (a)

    727,981        7   

Merrill Lynch First Franklin Mortgage Loan Trust 0.419%, 05/25/37 (a)

    15,574,879        9,181,609   

Nationstar Mortgage Advance Receivable Trust

   

1.080%, 06/20/44 (144A)

    9,870,000        9,866,318   

1.679%, 06/20/46 (144A)

    14,045,000        14,024,909   

Northwoods Capital Corp.

   

1.686%, 01/18/24 (144A) (a)

    5,070,000        5,073,285   

2.516%, 01/18/24 (144A) (a)

    4,820,000        4,844,939   

Octagon Investment Partners XVI , Ltd.
1.392%, 07/17/25 (144A) (a)

    5,600,000        5,563,550   

OHA Loan Funding, Ltd.
1.680%, 08/23/24 (144A) (a)

    5,670,000        5,641,650   

OZLM Funding, Ltd.

   

1.467%, 07/22/25 (144A) (a)

    9,625,000        9,538,895   

1.746%, 10/30/23 (144A) (a)

    8,930,000        8,988,125   

PFS Financing Corp.

   

1.282%, 02/15/18 (144A) (a)

    4,230,000        4,210,305   

1.382%, 02/15/16 (144A) (a)

    6,350,000        6,360,636   

SpringCastle America Funding, LLC
3.750%, 04/03/21 (144A)

    17,502,729        17,346,316   

Vibrant CLO, Ltd.

   

1.748%, 07/17/24 (144A) (a)

    16,240,000        16,261,063   

2.560%, 07/17/24 (144A) (a)

    3,060,000        3,081,674   
   

 

 

 
      276,843,575   
   

 

 

 

Asset Backed - Student Loan—4.6%

  

Nelnet Student Loan Trust

   

0.372%, 08/23/27 (a)

    1,190,000        1,157,831   

2.156%, 11/25/24 (a)

    6,095,000        6,408,185   

Scholar Funding Trust

   

0.836%, 01/30/45 (144A) (a)

    17,974,956        17,816,102   

1.164%, 10/28/43 (144A) (a)

    1,920,152        1,909,641   

SLC Private Student Loan Trust
0.438%, 07/15/36 (a)

    10,195,000        9,906,604   

SLM Private Credit Student Loan Trust

   

0.434%, 03/15/23 (a)

    10,333,121        10,097,433   

0.724%, 09/15/33 (a)

    677,834        613,440   

Asset Backed - Student Loan—(Continued)

  

SLM Private Education Loan Trust

   

0.832%, 07/15/22 (144A) (a)

  $ 3,001,459      $ 2,988,328   

1.284%, 08/15/23 (144A) (a)

    2,209,364        2,218,647   

SLM Student Loan Trust

   

0.454%, 06/15/21 (a)

    6,621,437        6,509,045   

0.544%, 12/15/25 (144A) (a)

    9,185,000        9,170,258   

1.030%, 02/15/22 (144A) (a)

    9,520,000        9,520,095   

1.582%, 08/15/25 (144A) (a)

    2,954,010        2,976,851   

1.680%, 10/15/31 (144A) (a)

    3,740,000        3,740,037   

1.770%, 05/17/27 (144A)

    3,985,000        3,895,043   

1.850%, 06/17/30 (144A)

    17,375,000        16,796,308   

1.966%, 07/25/23 (a)

    7,300,000        7,629,106   

2.090%, 06/15/45 (144A)

    4,455,000        4,402,155   

2.940%, 10/15/31 (144A)

    7,000,000        6,998,314   

2.950%, 02/15/46 (144A)

    16,045,000        16,523,847   

3.330%, 10/15/46 (144A) (a)

    12,475,000        12,951,108   

3.480%, 10/15/30 (144A)

    870,000        911,815   

3.740%, 02/15/29 (144A)

    1,685,000        1,768,057   

3.830%, 01/17/45 (144A)

    8,460,000        8,833,365   

4.540%, 10/17/44 (144A)

    5,040,000        5,501,528   
   

 

 

 
      171,243,143   
   

 

 

 

Total Asset-Backed Securities
(Identified Cost $718,737,747)

      724,628,136   
   

 

 

 
Mortgage-Backed Securities—13.2%   

Collateralized-Mortgage Obligation—1.3%

  

Banc of America Alternative Loan Trust

   

5.500%, 10/25/35

    3,547,242        3,235,826   

Countrywide Alternative Loan Trust

   

0.370%, 03/20/47 (a)

    3,561,403        2,458,536   

5.500%, 11/25/35

    2,588,600        2,230,007   

5.500%, 04/25/37

    1,943,466        1,436,783   

6.500%, 09/25/37

    13,879,392        10,703,066   

Countrywide Home Loan Mortgage
Pass-Through Trust

   

0.379%, 04/25/46 (a)

    1,319,653        985,641   

6.000%, 04/25/36

    1,582,738        1,366,302   

6.250%, 09/25/36

    2,034,023        1,760,776   

Credit Suisse Mortgage Capital Certificates

   

2.584%, 05/27/36 (144A) (a)

    4,125,278        3,811,773   

2.603%, 03/27/37 (144A) (a)

    1,994,003        1,946,243   

4.736%, 08/27/46 (144A) (a)

    4,664,381        4,482,582   

Deutsche ALT-A Securities, Inc. Alternate Loan Trust
0.329%, 12/25/36 (a)

    6,128,374        4,802,715   

GSR Mortgage Loan Trust
6.000%, 07/25/37

    2,506,551        2,313,113   

JPMorgan Mortgage Trust
6.500%, 08/25/36

    887,147        766,720   

Merrill Lynch Mortgage Investors, Inc.
2.917%, 05/25/36 (a)

    3,801,419        3,095,423   

Structured Adjustable Rate Mortgage Loan Trust
5.711%, 04/25/47 (a)

    2,657,083        1,992,842   

 

MSF-25


Table of Contents

Metropolitan Series Fund

BlackRock Bond Income Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Mortgage-Backed Securities—(Continued)

 

Security Description   Principal
Amount
    Value  

Collateralized-Mortgage Obligation—(Continued)

  

Wells Fargo Mortgage Backed Securities Trust
2.635%, 07/25/36 (a)

  $ 2,031,031      $ 2,011,317   
   

 

 

 
      49,399,665   
   

 

 

 

Commercial Mortgage-Backed Securities—11.9%

  

Banc of America Commercial Mortgage Trust

   

5.482%, 01/15/49 (a)

    630,000        658,400   

5.857%, 06/10/49 (a)

    9,196,836        10,067,087   

5.857%, 06/10/49 (a)

    4,795,000        5,298,580   

Banc of America Commercial Mortgage, Inc.

   

4.621%, 07/10/43

    5,225,000        5,325,738   

5.857%, 06/10/49 (a)

    235,921        235,825   

Banc of America Large Loan, Inc.

   

2.506%, 11/15/15 (144A) (a)

    19,552,499        19,583,861   

5.037%, 12/20/41 (144A) (a)

    7,501,084        7,704,513   

BB-UBS Trust
0.596%, 11/05/36 (144A) (a) (b)

    85,480,000        4,958,695   

Bear Stearns Commercial Mortgage Securities Trust

   

5.189%, 12/11/38

    8,285,793        9,127,746   

5.317%, 02/11/44

    5,725,398        6,315,858   

5.449%, 12/11/40 (a)

    780,000        835,846   

5.650%, 06/11/50 (a)

    5,676,634        6,330,310   

CD 2007-CD5 Mortgage Trust

   

6.323%, 11/15/44 (a)

    661,500        748,664   

Citigroup Commercial Mortgage Trust

   

1.312%, 09/10/46 (a) (b)

    33,046,835        2,528,083   

4.960%, 05/15/43 (a)

    6,750,000        6,844,486   

6.262%, 12/10/49 (a)

    3,560,000        3,906,214   

COMM 2010-RR1 Mortgage Trust
5.543%, 12/11/49 (144A) (a)

    2,690,000        2,918,034   

COMM 2013-CCRE7 Mortgage Trust
1.761%, 03/10/46 (a) (b)

    42,217,953        3,876,748   

COMM 2013-GAM
3.367%, 02/10/28 (144A)

    5,610,000        5,399,973   

COMM 2013-LC6 Mortgage Trust
1.949%, 01/10/46 (a) (b)

    119,305,041        11,944,105   

Commercial Mortgage Pass-Through Certificates

   

1.223%, 08/10/46 (a) (b)

    134,906,005        8,366,331   

1.710%, 03/10/46 (a) (b)

    67,061,907        5,345,371   

2.417%, 05/15/45 (a) (b)

    26,979,838        3,374,962   

3.400%, 10/05/30 (144A) (a)

    4,845,000        4,528,815   

4.959%, 08/10/46 (144A) (a)

    2,270,000        2,339,966   

5.167%, 06/10/44 (a)

    7,050,000        7,433,457   

5.347%, 12/10/46

    5,320,000        5,831,507   

Commercial Mortgage Trust

   

5.475%, 03/10/39

    535,000        559,447   

5.867%, 12/10/49 (a)

    3,255,000        3,543,097   

Credit Suisse First Boston Mortgage
Securities Corp.
4.771%, 07/15/37

    1,090,000        1,134,034   

Credit Suisse Mortgage Capital Certificates

   

0.452%, 04/15/22 (144A) (a)

    7,130,000        6,794,583   

5.448%, 01/15/49 (a)

    75,347        75,226   

Commercial Mortgage-Backed Securities—(Continued)

  

DBRR Trust

   

1.636%, 08/18/17 (144A)

  $ 4,425,090      $ 4,418,302   

5.936%, 06/17/49 (a)

    3,600,000        4,032,000   

Del Coronado Trust
5.183%, 03/15/18 (144A) (a)

    4,330,000        4,349,052   

Extended Stay America Trust

   

2.675%, 12/05/31 (144A) (a)

    3,210,000        3,153,677   

2.957%, 12/05/31 (144A) (a)

    4,640,000        4,534,408   

FREMF Mortgage Trust
3.165%, 04/25/46 (144A) (a)

    665,000        608,355   

GE Capital Commercial Mortgage Corp.
4.578%, 06/10/48

    2,475,313        2,503,096   

Greenwich Capital Commercial Funding Corp.

   

5.475%, 03/10/39

    2,163,178        2,279,230   

5.736%, 12/10/49

    2,210,000        2,482,270   

GS Mortgage Securities Corp. II

   

1.921%, 02/10/46 (a) (b)

    109,041,381        12,024,756   

3.249%, 11/08/29 (144A) (b)

    37,300,000        2,485,027   

3.550%, 12/10/27 (144A) (a)

    9,462,358        8,324,140   

3.633%, 06/05/31 (144A)

    965,000        964,082   

5.591%, 11/10/39

    1,830,000        1,982,785   

5.622%, 11/10/39

    3,595,000        3,437,007   

GS Mortgage Securities Corp. Trust
2.933%, 06/05/31 (144A)

    2,515,000        2,528,189   

GS Mortgage Securities Trust
5.993%, 08/10/45 (a)

    6,319,392        6,985,298   

JPMBB Commercial Mortgage Securities Trust
1.203%, 08/15/46 (a) (b)

    76,240,000        4,071,216   

JPMorgan Chase Commercial Mortgage Securities Corp.

   

2.196%, 06/15/45 (a) (b)

    24,868,182        2,562,119   

4.158%, 01/12/39 (144A)

    2,056,300        2,073,813   

5.447%, 06/12/47

    1,427,265        1,450,527   

5.630%, 12/12/44 (a)

    3,600,000        3,889,998   

5.951%, 06/15/43 (144A)

    8,060,000        9,110,008   

6.005%, 06/15/49 (a)

    1,532,284        1,646,748   

JPMorgan Chase Commercial Mortgage Securities Trust

   

4.300%, 12/15/47 (a)

    2,165,000        2,014,881   

5.372%, 05/15/47

    1,550,000        1,658,605   

5.431%, 06/12/47 (a)

    11,755,756        12,992,684   

5.439%, 01/15/49

    8,494,046        9,435,900   

5.850%, 02/15/51 (a)

    10,804,845        12,221,533   

JPMorgan Chase Commercial Mortgage Series Trust

   

0.729%, 04/15/46 (a) (b)

    4,900,000        221,446   

1.734%, 04/15/46 (a) (b)

    27,903,258        2,792,977   

3.958%, 04/15/46

    2,230,000        1,998,617   

LB Commercial Mortgage Trust
6.081%, 07/15/44 (a)

    1,515,000        1,685,865   

LB-UBS Commercial Mortgage Trust

   

5.205%, 04/15/30 (a)

    3,610,000        3,743,462   

LB-UBS Commercial Mortgage Trust

   

5.347%, 11/15/38

    7,141,255        7,851,760   

5.866%, 09/15/45 (a)

    8,574,063        9,593,091   

 

MSF-26


Table of Contents

Metropolitan Series Fund

BlackRock Bond Income Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Mortgage-Backed Securities—(Continued)

 

Security Description       
Principal
Amount
    Value  

Commercial Mortgage-Backed Securities—(Continued)

  

Merrill Lynch Mortgage Trust
5.273%, 11/12/37 (a)

  $ 5,045,000      $ 5,298,612   

Morgan Stanley Bank of America Merrill Lynch
1.894%, 02/15/46 (a) (b)

    25,118,039        2,584,696   

Morgan Stanley Capital I

   

5.592%, 04/12/49 (a)

    8,065,000        8,562,554   

6.107%, 06/11/49 (a)

    5,345,000        5,733,480   

Morgan Stanley Capital I Trust

   

2.861%, 03/15/45 (144A) (a) (b)

    45,242,687        5,811,242   

5.312%, 03/15/44

    11,383,211        12,562,136   

5.665%, 04/15/49 (a)

    4,421,748        4,858,444   

Morgan Stanley Capital I, Inc.
6.340%, 07/15/30 (144A)

    731,492        744,147   

Morgan Stanley Capital Trust
5.406%, 03/15/44

    3,090,000        3,308,837   

Morgan Stanley Re-REMIC Trust

   

Zero Coupon, 07/17/56 (144A)

    5,735,976        5,592,577   

1.000%, 03/27/51 (144A)

    6,865,945        6,721,315   

2.000%, 07/27/49 (144A)

    5,446,695        5,484,331   

2.500%, 03/23/51 (144A)

    3,033,007        3,038,163   

Motel 6 Trust
2.743%, 10/05/25 (144A)

    3,135,000        3,104,061   

RBSCF Trust
6.123%, 02/16/51 (144A) (a)

    9,220,327        10,013,081   

S2 Hospitality, LLC
4.500%, 04/15/25 (144A)

    474,953        474,953   

STRIPS 2012-1, Ltd.
1.500%, 12/25/44 (144A)

    9,235,792        9,097,255   

Wachovia Bank Commercial Mortgage Trust

   

5.924%, 02/15/51 (a)

    4,072,000        3,911,641   

6.123%, 02/15/51 (a)

    3,870,000        4,276,694   

Wells Fargo Re-REMIC Trust
1.750%, 08/20/21 (144A)

    5,306,259        5,288,695   

WF-RBS Commercial Mortgage Trust

   

0.873%, 08/15/46 (a) (b)

    45,362,682        1,996,729   

1.677%, 03/15/48 (a) (b)

    65,753,217        6,143,783   

1.985%, 12/15/45 (144A) (a) (b)

    43,055,908        4,835,394   

3.037%, 03/15/45

    6,910,000        6,590,661   
   

 

 

 
      448,075,967   
   

 

 

 

Total Mortgage-Backed Securities
(Identified Cost $499,722,752)

      497,475,632   
   

 

 

 
Foreign Government—0.8%   

Sovereign—0.8%

   

Brazilian Government International Bond
7.125%, 01/20/37

    1,520,000        1,786,000   

Mexico Government International Bond
4.000%, 10/02/23

    9,610,000        9,549,938   

Poland Government International Bond
5.000%, 03/23/22

    3,500,000        3,764,250   

Sovereign—(Continued)

  

Russian Foreign Bond
7.500%, 03/31/30 (a)

  $ 7,096,375      $ 8,362,936   

South Africa Government International Bond

   

4.665%, 01/17/24

    2,600,000        2,522,000   

5.500%, 03/09/20

    2,680,000        2,877,650   
   

 

 

 

Total Foreign Government
(Identified Cost $29,056,064)

      28,862,774   
   

 

 

 
Term Loans—0.4%   

Lodging—0.4%

   

Hilton Fort Lauderdale
7,402%, 02/22/16

    8,060,000        8,060,000   

Motel 6 Operating, L.P.
10.000%, 10/15/17

    7,231,824        7,448,779   
   

 

 

 

Total Term Loans
(Identified Cost $15,256,907)

      15,508,779   
   

 

 

 
Preferred Stock—0.2%                

Diversified Financial Services—0.2%

  

Citigroup Capital XIII (d)

    272,339        7,481,152   
   

 

 

 

Thrifts & Mortgage Finance—0.0%

  

Federal Home Loan Mortgage Corp. (f)

    70,000        409,500   

Federal National Mortgage Association
(Series S) (f)

    70,000        408,800   
   

 

 

 
      818,300   
   

 

 

 

Total Preferred Stock
(Identified Cost $7,650,785)

      8,299,452   
   

 

 

 
Municipal Bonds & Notes—0.1%   

Municipal Agency—0.1%

  

New York City Municipal Water Finance Authority

   

5.375%, 06/15/43

    2,360,000        2,503,512   

5.500%, 06/15/43

    2,825,000        3,027,383   
   

 

 

 

Total Municipal Bonds & Notes
(Identified Cost $5,111,848)

      5,530,895   
   

 

 

 
Options Purchased—0.0%   

Call Options—0.0%

  

AUD Currency, Strike Price USD 0.92,
Expires 10/01/13 (Counterparty-BNP Paribas S.A.) (AUD)

    36,490,000        628,509   

USD Currency, Strike Price JPY 100.00,
Expires 10/31/13 (Counterparty-JPMorgan Clearing)

    13,635,000        82,424   

 

MSF-27


Table of Contents

Metropolitan Series Fund

BlackRock Bond Income Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Options Purchased—(Continued)

 

Security Description   Principal/
Notional
Amount
    Value  

Call Options—(Continued)

   

USD Currency, Strike Price JPY 100.00, Expires 10/31/13 (Counterparty-JPMorgan Clearing)

    5,090,000      $ 30,769   

USD Currency, Strike Price JPY 105.00, Expires 10/31/13 (Counterparty-BNP Paribas S.A.)

    37,450,000        11,834   

USD Currency, Strike Price JPY 110.00, Expires 10/31/13 (Counterparty-JPMorgan Clearing)

    13,635,000        68   

USD Currency, Strike Price JPY 110.00, Expires 10/31/13 (Counterparty-JPMorgan Clearing)

    5,090,000        25   
   

 

 

 
      753,629   
   

 

 

 

Put Options—0.0%

   

EUR Currency, Strike Price USD 1.24,
Expires 10/01/13 (Counterparty-Citibank N.A.) (EUR)

    77,000,000        0   
   

 

 

 

Total Options Purchased
(Identified Cost $2,028,523)

      753,629   
   

 

 

 
Escrow Shares—0.0%   

Diversified Financial Services—0.0%

  

Lehman TBA Claim Receivable

    424,563        187,338   
   

 

 

 

Total Escrow Shares
(Identified Cost $0)

      187,338   
   

 

 

 
Short Term Investments—4.3%   

Mutual Funds—2.3%

   

State Street Navigator Securities Lending MET Portfolio (g)

    88,142,958        88,142,958   
   

 

 

 

Repurchase Agreement—2.0%

   

Fixed Income Clearing Corp. Repurchase Agreement dated 09/30/13 at 0.000% to be repurchased at $73,988,000 on 10/01/13 collateralized by $41,495,000 Federal Home Loan Bank at 2.500% due 06/13/14 with a value of $42,532,375; by $29,205,000 U.S. Treasury Note at 0.250% due 04/30/14 with a value of $29,278,013; and by $3,655,000 U.S. Treasury Note at 0.250% due 06/30/14 with a value of $3,659,569.

  $ 73,988,000        73,988,000   
   

 

 

 

Total Short Term Investments
(Identified Cost $162,130,958)

      162,130,958   
   

 

 

 

Total Investments—116.4%
(Identified Cost $4,384,085,292) (h)

      4,395,764,538   

Other assets and liabilities (net)—(16.4)%

      (619,388,578
   

 

 

 
Net Assets—100.0%     $ 3,776,375,960   
   

 

 

 

 

(a) Variable or Floating Rate Security. Rate disclosed is as of September 30, 2013.
(b) Interest Only Certificate. This security receives monthly interest payments but is not entitled to principal payments. The principal amount shown reflects the notional amount of the security.
(c) All or a portion of the security was pledged as collateral against open futures contracts. As of September 30, 2013, the market value of securities pledged was $4,878,830.
(d) All or a portion of the security was on loan. As of September 30, 2013, the market value of securities loaned was $90,309,871 and the collateral received consisted of cash in the amount of $88,142,958 and non-cash collateral with a value of $4,249,820. The cash collateral is invested in a money market fund managed by an affiliate of the custodian. The non-cash collateral received consists primarily of government securities and bank letters of credit, and is held for the benefit of the Portfolio at the Portfolio’s custodian. The Portfolio cannot repledge or resell this collateral.
(e) Non-Income Producing; Defaulted Bond.
(f) Non-Income Producing.
(g) Represents investment of cash collateral received from securities lending transactions.
(h) As of September 30, 2013, the aggregate cost of investments was $4,384,085,292. The aggregate unrealized appreciation and depreciation of investments was $77,349,426 and $(65,670,180), respectively, resulting in net unrealized appreciation of $11,679,246.
(144A)— Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of September 30, 2013, the market value of 144A securities was $781,729,979, which is 20.7% of net assets.
(ARM)— Adjustable-Rate Mortgage.
(CDO)— Collateralized Debt Obligation.
(CLO)— Collateralized Loan Obligation.
(CMO)— Collateralized Mortgage Obligation.
(REMIC)— Real Estate Mortgage Investment Conduit.
(TBA)— A contract for the purchase or sale of a Mortgage Backed Security to be delivered at a future date but does not include a specified pool or precise amount to be delivered.
(TIPS)— A Treasury Inflation Protected Security is a security with a fixed interest rate and the principal is adjusted for inflation. At maturity, the security will be redeemed at the greater of the inflation adjusted principal or principal amount at original issue.
(AUD)— Australian Dollar
(EUR)— Euro
(GBP)— British Pound
(JPY)— Japanese Yen

 

MSF-28


Table of Contents

Metropolitan Series Fund

BlackRock Bond Income Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

TBA Sale Commitments

 

Security Description

   Face
Amount
    Value  
Fannie Mae     

4.000% (15 Year TBA)

   $ (22,700,000   $ (24,083,281

3.500% (30 Year TBA)

     (17,800,000     (18,119,845

4.000% (30 Year TBA)

     (60,000,000     (62,934,372

4.500% (30 Year TBA)

     (1,700,000     (1,815,547

5.000% (30 Year TBA)

     (24,700,000     (26,784,063
Ginnie Mae     

3.000% (30 Year TBA)

     (20,600,000     (21,176,157

4.000% (30 Year TBA)

     (21,500,000     (22,675,781

4.500% (30 Year TBA)

     (41,900,000     (45,160,344

5.000% (30 Year TBA)

     (1,200,000     (1,306,312
    

 

 

 

Total TBA Sale Commitments (Proceeds $218,955,641)

  

  $ (224,055,702
    

 

 

 

Forward Foreign Currency Exchange Contracts

 

Contracts to Buy

   Settlement Date     

Counterparty

   In Exchange
for
     Unrealized
Appreciation/
(Depreciation)
 
INR   529,300,000      12/18/13      

JPMorgan Chase

     USD        8,375,000       $ (91,776
INR   678,387,400      12/18/13      

Morgan Stanley Capital

     USD        10,690,000         (73,649
MXN   80,341,000      10/22/13      

BNP Paribas S.A.

     USD        6,109,949         17,573   
MXN   240,329,042      12/18/13      

Barclays Bank plc

     USD        18,460,000         (213,535
ZAR   184,384,590      12/18/13      

Credit Suisse

     USD        18,600,000         (443,664

Contracts to Deliver

                          
CAD   3,042,000      10/22/13      

JPMorgan Chase

     USD        2,923,288         (28,452
EUR   20,959,413      10/24/13      

Barclays Bank plc

     USD        28,326,542         (29,947
GBP   500,000      10/22/13      

Credit Suisse

     USD        774,937         (34,386
GBP   3,160,000      10/22/13      

Deutsche Bank AG

     USD        4,765,296         (349,627
JPY   911,519,726      12/18/13      

BNP Paribas S.A.

     USD        9,230,000         (47,917
MXN   34,776,000      10/22/13      

BNP Paribas S.A.

     USD        2,751,806         99,478   
MXN   51,059,000      10/22/13      

JPMorgan Chase

     USD        3,950,030         55,815   
TRY   37,736,331      12/18/13      

Bank of America

     USD        18,600,000         174,228   
               

 

 

 

Net Unrealized Depreciation

  

   $ (965,859
               

 

 

 

 

Futures Contracts            

Futures Contracts—Long

   Expiration
Date
     Number of
Contracts
    Notional
Amount
    Unrealized
Appreciation/
(Depreciation)
 

U.S. Treasury Note 2 Year Futures

     12/31/13         9,020        USD        1,983,503,692      $ 3,292,254   

U.S. Treasury Note 5 Year Futures

     12/31/13         2,302        USD        276,586,518        2,063,388   

U.S. Treasury Bond 30 Year Futures

     12/19/13         709        USD        93,413,296        1,149,579   

U.S. Ultra Long Treasury Bond Futures

     12/19/13         718        USD        100,413,117        1,610,195   

Futures Contracts—Short

                               

U.S. Treasury Note 10 Year Futures

     12/19/13         (3,947     USD        (489,882,902     (8,980,895
           

 

 

 

Net Unrealized Depreciation

  

  $ (865,479
           

 

 

 

 

Options Written   

Options Written—Call

  

Counterparty

   Expiration
Date
     Notional
Amount
  Premiums
Received
    Market
Value
    Unrealized
Appreciation/
(Depreciation)
 

AUD Currency, Strike Price USD 0.915

   Goldman Sachs      10/01/13         AUD      (36,490,000)   $ (415,879   $ (628,509   $ (212,630

USD Currency, Strike Price JPY 100.00

   BNP Paribas S.A.      10/31/13         USD      (18,725,000)     (139,689     (113,193     26,496   

 

MSF-29


Table of Contents

Metropolitan Series Fund

BlackRock Bond Income Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

Options Written—(Continued)   

Options Written—Call

  

Counterparty

   Expiration
Date
     Notional
Amount
    Premiums
Received
    Market
Value
    Unrealized
Appreciation/
(Depreciation)
 

USD Currency, Strike Price JPY 105.00

   JPMorgan Clearing      10/31/13         USD        (27,270,000)      $ (259,065   $ (8,617   $ 250,448   

USD Currency, Strike Price JPY 105.00

   JPMorgan Clearing      10/31/13         USD        (10,180,000)        (134,631     (3,217     131,414   

USD Currency, Strike Price JPY 110.00

   BNP Paribas S.A.      10/31/13         USD        (18,725,000     (187     (94     93   

Options Written—Put

                                          

EUR Currency, Strike Price USD 1.16

   Royal Bank of Scotland plc      10/01/13         EUR        (77,000,000)        (359,913     0        359,913   
            

 

 

   

 

 

   

 

 

 

Total Options Written

  

  $ (1,309,364   $ (753,630   $ 555,734   
            

 

 

   

 

 

   

 

 

 

 

Swap Agreements   

Centrally Cleared Interest Rate Swaps

             

Pay/Receive Floating Rate

   Floating Rate
Index
     Fixed
Rate
    Maturity
Date
     Notional
Amount
     Unrealized
Appreciation/
(Depreciation)
 

Pay

     3M LIBOR         3.879     08/27/43         USD     58,470,000       $ 2,413,940   

Pay

     3M LIBOR         3.943     08/29/19         USD     93,855,000         211,896   

Pay

     3M LIBOR         4.016     09/04/19         USD   375,430,000         1,070,013   

Receive

     3M LIBOR         0.480     09/23/15         USD   959,030,000         (465,321

Receive

     3M LIBOR         0.504     08/02/15         USD   931,800,000         (1,293,618

Receive

     3M LIBOR         1.165     03/02/16         USD     93,855,000         (283,273

Receive

     3M LIBOR         1.240     03/03/16         USD   375,430,000         (1,404,071
             

 

 

 

Net Unrealized Appreciation

  

   $ 249,566   
             

 

 

 

Centrally Cleared Credit Default Swaps on Credit Indices—Buy Protection

  

Reference Obligation

   Fixed Deal
Pay Rate
    Maturity
Date
     Implied Credit
Spread at
September 30,
2013
    Notional
Amount
     Unrealized
Depreciation
 

Markit CDX North America High Yield Index, Series 20, Version 1

     5.000     06/20/18         3.592     USD 39,545,000       $ (827,838
            

 

 

 

OTC Credit Default Swaps on Credit Indices—Sell Protection

  

Reference Obligation

  Counterparty     Fixed Deal
Receive Rate
    Maturity
Date
    Implied Credit
Spread at
September 30,
2013
    Notional
Amount
    Market
Value
    Upfront
Premium
Received
    Unrealized
Appreciation
 

Markit CMBX North America
AAA-Rated Index,
AM Tranche, Version 2

    Deutsche Bank        0.500     03/15/49        N/A        USD   7,025,000      $ (414,124   $ (1,031,895   $ 617,771   

Markit CMBX North America
AAA-Rated Index,
AM Tranche, Version 4

    Deutsche Bank        0.500     02/17/51        N/A        USD   2,370,000        (252,769     (359,977     107,208   
           

 

 

   

 

 

   

 

 

 

Totals

  

  $ (666,893   $ (1,391,872   $ 724,979   
           

 

 

   

 

 

   

 

 

 

 

OTC Interest Rate Swaps

  

Pay/Receive
Floating Rate

   Floating Rate
Index
   Fixed
Rate
    Maturity
Date
    

Counterparty

   Notional
Amount
     Market
Value
    Upfront
Premium
     Unrealized
Appreciation/
(Depreciation)
 

Pay

   6M EURIBOR      2.800     11/10/41       Bank of America      EUR     8,300,000       $ 432,499      $ 0       $ 432,499   

Receive

   6M EURIBOR      2.783     11/10/41       Deutsche Bank      EUR     8,300,000         (392,408     0         (392,408

Receive

   3M LIBOR      1.758     06/25/22       JPMorgan Chase      USD   18,000,000         1,149,863        0         1,149,863   

Receive

   3M LIBOR      2.798     04/23/43       Deutsche Bank      USD     6,400,000         1,024,392        0         1,024,392   

Receive

   3M LIBOR      3.043     05/23/43       Barclays Bank plc      USD   22,800,000         2,615,618        0         2,615,618   

Receive

   3M LIBOR      3.048     05/24/43       Deutsche Bank      USD   43,985,000         5,001,776        0         5,001,776   
                

 

 

   

 

 

    

 

 

 

Totals

  

   $ 9,831,740      $ 0       $ 9,831,740   
                

 

 

   

 

 

    

 

 

 

Securities in the amount of $2,330,799 have been received at the custodian bank as collateral for swap contracts.

 

MSF-30


Table of Contents

Metropolitan Series Fund

BlackRock Bond Income Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

 

(AUD)— Australian Dollar
(CAD)— Canadian Dollar
(EUR)— Euro
(GBP)— British Pound
(INR)— Indian Rupee
(JPY)— Japanese Yen
(MXN)— Mexican Peso
(TRY)— Turkish Lira
(USD)— U.S. Dollar
(ZAR)— African Rand

Fair Value Hierarchy

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive if it were to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. GAAP establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1      Level 2     Level 3      Total  

Total U.S. Treasury & Government Agencies*

   $ —         $ 2,155,507,079      $ —         $ 2,155,507,079   

Total Corporate Bonds & Notes*

     —           796,879,866        —           796,879,866   

Total Asset-Backed Securities*

     —           724,628,136        —           724,628,136   

Total Mortgage-Backed Securities*

     —           497,475,632        —           497,475,632   

Total Foreign Government*

     —           28,862,774        —           28,862,774   

Total Term Loans*

     —           15,508,779        —           15,508,779   

Total Preferred Stock*

     8,299,452         —          —           8,299,452   

Total Municipal Bonds & Notes*

     —           5,530,895        —           5,530,895   

Total Options Purchased*

     —           753,629        —           753,629   

Total Escrow Shares*

     —           187,338        —           187,338   
Short Term Investments           

Mutual Funds

     88,142,958         —          —           88,142,958   

Repurchase Agreement

     —           73,988,000        —           73,988,000   

Total Short Term Investments

     88,142,958         73,988,000        —           162,130,958   

Total Investments

   $ 96,442,410       $ 4,299,322,128      $ —         $ 4,395,764,538   
                                    
TBA Sale Commitments    $ —         $ (224,055,702   $ —         $ (224,055,702

Collateral for Securities Loaned (Liability)

     —           (88,142,958     —           (88,142,958

Total Liabilities

     —           (312,198,660     —           (312,198,660
                                    
Forward Foreign Currency Exchange Contracts           

Forward Foreign Currency Contracts (Unrealized Appreciation)

   $ —         $ 347,094      $ —         $ 347,094   

Forward Foreign Currency Contracts (Unrealized Depreciation)

     —           (1,312,953     —           (1,312,953

Total Forward Foreign Currency Contracts (Net Unrealized Depreciation)

     —           (965,859     —           (965,859

 

MSF-31


Table of Contents

Metropolitan Series Fund

BlackRock Bond Income Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Fair Value Hierarchy—(Continued)

 

Description    Level 1     Level 2     Level 3      Total  
Futures Contracts          

Futures Contracts (Unrealized Appreciation)

   $ 8,115,416      $ —        $ —         $ 8,115,416   

Futures Contracts (Unrealized Depreciation)

     (8,980,895     —          —           (8,980,895

Total Futures Contracts (Net Unrealized Depreciation)

     (865,479     —          —           (865,479
Options Written          

Call Options Written

     —          (753,630     —           (753,630

Put Options Written

     —          0        —           0   

Total Options Written

     —          (753,630     —           (753,630
Centrally Cleared Swap Contracts          

Centrally Cleared Swap Contracts (Unrealized Appreciation)

     —          3,695,849        —           3,695,849   

Centrally Cleared Swap Contracts (Unrealized Depreciation)

     —          (4,274,121     —           (4,274,121

Total Centrally Cleared Swap Contracts (Net Unrealized Depreciation)

     —          (578,272     —           (578,272
OTC Swap Agreements          

Swap Contracts at value (Assets)

     —          10,224,148        —           10,224,148   

Swap Contracts at value (Liabilities)

     —          (1,059,301     —           (1,059,301

Total OTC Swap Agreements at value

     —          9,164,847        —           9,164,847   

 

* See Schedule of Investments for additional detailed categorizations.

 

MSF-32


Table of Contents

Metropolitan Series Fund

BlackRock Capital Appreciation Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—99.8% of Net Assets

 

Security Description   Shares     Value  

Aerospace & Defense—5.1%

  

Precision Castparts Corp.

    242,864      $ 55,188,416   

United Technologies Corp.

    345,454        37,246,850   
   

 

 

 
      92,435,266   
   

 

 

 

Biotechnology—4.9%

  

Gilead Sciences, Inc. (a)

    636,639        40,006,395   

Regeneron Pharmaceuticals, Inc. (a)

    65,256        20,416,645   

United Therapeutics Corp. (a) (b)

    360,398        28,417,382   
   

 

 

 
      88,840,422   
   

 

 

 

Chemicals—1.0%

   

Monsanto Co.

    177,161        18,490,294   
   

 

 

 

Consumer Finance—1.5%

  

Discover Financial Services

    549,799        27,786,841   
   

 

 

 

Diversified Financial Services—1.2%

  

Moody’s Corp.

    323,828        22,774,823   
   

 

 

 

Diversified Telecommunication Services—0.8%

  

Vivendi S.A.

    638,542        14,695,514   
   

 

 

 

Electrical Equipment—3.2%

  

Eaton Corp. plc

    575,775        39,636,351   

Roper Industries, Inc.

    147,111        19,546,638   
   

 

 

 
      59,182,989   
   

 

 

 

Energy Equipment & Services—1.5%

  

FMC Technologies, Inc. (a)

    503,904        27,926,360   
   

 

 

 

Food Products—2.1%

  

Kellogg Co.

    336,282        19,749,842   

Mondelez International, Inc. - Class A

    595,447        18,708,945   
   

 

 

 
      38,458,787   
   

 

 

 

Health Care Providers & Services—1.0%

  

Catamaran Corp. (a)

    410,027        18,840,741   
   

 

 

 

Hotels, Restaurants & Leisure—2.4%

  

Melco Crown Entertainment, Ltd. (ADR) (a) (b)

    743,538        23,666,814   

Wynn Resorts, Ltd.

    130,859        20,677,031   
   

 

 

 
      44,343,845   
   

 

 

 

Industrial Conglomerates—1.2%

  

Danaher Corp.

    317,568        22,013,814   
   

 

 

 

Insurance—1.6%

  

American International Group, Inc.

    609,295        29,630,016   
   

 

 

 

Internet & Catalog Retail—7.2%

  

Amazon.com, Inc. (a)

    211,129        66,007,370   

Expedia, Inc. (b)

    431,943        22,370,328   

priceline.com, Inc. (a)

    42,784        43,252,485   
   

 

 

 
      131,630,183   
   

 

 

 

Internet Software & Services—19.1%

  

eBay, Inc. (a)

    816,969      45,578,700   

Equinix, Inc. (a) (b)

    153,572        28,203,498   

Facebook, Inc. - Class A (a)

    539,100        27,084,384   

Google, Inc. - Class A (a)

    99,143        86,840,345   

LinkedIn Corp. - Class A (a)

    169,192        41,631,384   

Pandora Media, Inc. (a) (b)

    289,954        7,286,544   

SINA Corp. (a)

    349,452        28,365,019   

Yahoo!, Inc. (a)

    1,338,358        44,379,951   

Yandex NV - Class A (a)

    638,380        23,249,800   

Yelp, Inc. (a)

    269,691        17,848,150   
   

 

 

 
      350,467,775   
   

 

 

 

IT Services—6.1%

  

Alliance Data Systems Corp. (a) (b)

    114,646        24,244,190   

Mastercard, Inc. - Class A

    29,987        20,174,654   

Visa, Inc. - Class A

    353,664        67,585,190   
   

 

 

 
      112,004,034   
   

 

 

 

Media—13.7%

  

Comcast Corp. - Class A

    863,511        38,987,522   

Liberty Global plc - Class A (a)

    553,139        43,891,580   

Sirius XM Radio, Inc. (b)

    10,699,349        41,406,480   

Time Warner, Inc.

    518,743        34,138,477   

Viacom, Inc. - Class B

    625,047        52,241,428   

Walt Disney Co. (The)

    612,288        39,486,453   
   

 

 

 
      250,151,940   
   

 

 

 

Oil, Gas & Consumable Fuels—3.1%

  

Cabot Oil & Gas Corp.

    473,461        17,669,565   

EOG Resources, Inc.

    76,169        12,893,888   

Gulfport Energy Corp. (a)

    399,027        25,673,397   
   

 

 

 
      56,236,850   
   

 

 

 

Personal Products—1.3%

  

Estee Lauder Cos., Inc. (The) - Class A

    338,906        23,689,529   
   

 

 

 

Pharmaceuticals—6.5%

  

AbbVie, Inc.

    957,182        42,814,751   

Allergan, Inc.

    482,403        43,633,351   

Valeant Pharmaceuticals International, Inc. (a)

    310,163        32,359,306   
   

 

 

 
      118,807,408   
   

 

 

 

Professional Services—1.2%

  

Verisk Analytics, Inc. - Class A (a)

    324,440        21,075,622   
   

 

 

 

Road & Rail—1.9%

   

Union Pacific Corp.

    222,937        34,631,034   
   

 

 

 

Software—5.2%

  

Autodesk, Inc. (a)

    516,973        21,283,779   

Citrix Systems, Inc. (a)

    349,549        24,681,655   

ServiceNow, Inc. (a) (b)

    286,995        14,909,390   

Splunk, Inc. (a)

    565,727        33,966,249   
   

 

 

 
      94,841,073   
   

 

 

 

 

MSF-33


Table of Contents

Metropolitan Series Fund

BlackRock Capital Appreciation Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Specialty Retail—0.8%

   

CarMax, Inc. (a)

    319,320      $ 15,477,440   
   

 

 

 

Textiles, Apparel & Luxury Goods—2.9%

  

NIKE, Inc. - Class B

    545,393        39,617,348   

Under Armour, Inc. - Class A (a) (b)

    166,527        13,230,570   
   

 

 

 
      52,847,918   
   

 

 

 

Trading Companies & Distributors—0.8%

  

United Rentals, Inc. (a) (b)

    256,458        14,948,937   
   

 

 

 

Wireless Telecommunication Services—2.5%

  

Softbank Corp.

    670,400        46,591,026   
   

 

 

 

Total Common Stocks
(Cost $1,516,579,359)

      1,828,820,481   
   

 

 

 
Short-Term Investment—5.5%   

Mutual Fund—5.5%

  

State Street Navigator Securities Lending MET Portfolio (c)

    100,710,512        100,710,512   
   

 

 

 

Total Short-Term Investment
(Cost $100,710,512)

      100,710,512   
   

 

 

 

Total Investments—105.3%
(Cost $1,617,289,871) (d)

      1,929,530,993   

Other assets and liabilities (net)—(5.3)%

      (97,441,588
   

 

 

 
Net Assets—100.0%     $ 1,832,089,405   
   

 

 

 

 

(a) Non-income producing security.
(b) All or a portion of the security was held on loan. As of September 30, 2013, the market value of securities loaned was $98,707,460 and the collateral received consisted of cash in the amount of $100,710,512. The cash collateral is invested in a money market fund managed by an affiliate of the custodian.
(c) Represents investment of cash collateral received from securities lending transactions.
(d) As of September 30, 2013, the aggregate cost of investments was $1,617,289,871. The aggregate unrealized appreciation and depreciation of investments were $329,456,221 and $(17,215,099), respectively, resulting in net unrealized appreciation of $312,241,122.
(ADR)— An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. Trading on exchanges not located in the United States or Canada significantly influences the value of ADRs.

 

MSF-34


Table of Contents

Metropolitan Series Fund

BlackRock Capital Appreciation Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

Fair Value Hierarchy

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to the Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1      Level 2     Level 3      Total  
Common Stocks           

Aerospace & Defense

   $ 92,435,266       $ —        $ —         $ 92,435,266   

Biotechnology

     88,840,422         —          —           88,840,422   

Chemicals

     18,490,294         —          —           18,490,294   

Consumer Finance

     27,786,841         —          —           27,786,841   

Diversified Financial Services

     22,774,823         —          —           22,774,823   

Diversified Telecommunication Services

     —           14,695,514        —           14,695,514   

Electrical Equipment

     59,182,989         —          —           59,182,989   

Energy Equipment & Services

     27,926,360         —          —           27,926,360   

Food Products

     38,458,787         —          —           38,458,787   

Health Care Providers & Services

     18,840,741         —          —           18,840,741   

Hotels, Restaurants & Leisure

     44,343,845         —          —           44,343,845   

Industrial Conglomerates

     22,013,814         —          —           22,013,814   

Insurance

     29,630,016         —          —           29,630,016   

Internet & Catalog Retail

     131,630,183         —          —           131,630,183   

Internet Software & Services

     350,467,775         —          —           350,467,775   

IT Services

     112,004,034         —          —           112,004,034   

Media

     250,151,940         —          —           250,151,940   

Oil, Gas & Consumable Fuels

     56,236,850         —          —           56,236,850   

Personal Products

     23,689,529         —          —           23,689,529   

Pharmaceuticals

     118,807,408         —          —           118,807,408   

Professional Services

     21,075,622         —          —           21,075,622   

Road & Rail

     34,631,034         —          —           34,631,034   

Software

     94,841,073         —          —           94,841,073   

Specialty Retail

     15,477,440         —          —           15,477,440   

Textiles, Apparel & Luxury Goods

     52,847,918         —          —           52,847,918   

Trading Companies & Distributors

     14,948,937         —          —           14,948,937   

Wireless Telecommunication Services

     —           46,591,026        —           46,591,026   

Total Common Stocks

     1,767,533,941         61,286,540        —           1,828,820,481   

Total Short-Term Investment*

     100,710,512         —          —           100,710,512   

Total Investments

   $ 1,868,244,453       $ 61,286,540      $ —         $ 1,929,530,993   
                                    

Collateral for securities loaned (Liability)

   $ —         $ (100,710,512   $ —         $ (100,710,512

 

* See Schedule of Investments for additional detailed categorizations.

 

MSF-35


Table of Contents

Metropolitan Series Fund

BlackRock Diversified Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stock—64.3% of Net Assets

 

Security Description   Shares     Value  

Aerospace & Defense—1.6%

   

Boeing Co.

    87,600      $ 10,293,000   

Raytheon Co.

    111,475        8,591,378   

Rockwell Collins, Inc. (a)

    35,900        2,436,174   
   

 

 

 
      21,320,552   
   

 

 

 

Airlines—1.2%

   

United Continental Holdings, Inc. (b)

    500,275        15,363,445   
   

 

 

 

Auto Components—1.4%

   

BorgWarner, Inc. (a)

    50,890        5,159,737   

TRW Automotive Holdings Corp. (b)

    185,774        13,247,544   
   

 

 

 
      18,407,281   
   

 

 

 

Biotechnology—1.7%

   

Amgen, Inc.

    77,600        8,686,544   

Biogen Idec, Inc. (b)

    20,900        5,031,884   

Celgene Corp. (b)

    39,300        6,049,449   

Gilead Sciences, Inc. (b)

    38,400        2,413,056   
   

 

 

 
      22,180,933   
   

 

 

 

Capital Markets—1.0%

   

Goldman Sachs Group, Inc.

    79,532        12,582,758   
   

 

 

 

Chemicals—0.4%

   

Cabot Corp.

    65,426        2,794,344   

PPG Industries, Inc.

    14,775        2,468,312   
   

 

 

 
      5,262,656   
   

 

 

 

Commercial Banks—2.6%

   

Regions Financial Corp.

    297,100        2,751,146   

SunTrust Banks, Inc.

    298,600        9,680,612   

U.S. Bancorp

    572,975        20,959,425   
   

 

 

 
      33,391,183   
   

 

 

 

Commercial Services & Supplies—0.4%

   

Tyco International, Ltd.

    147,575        5,162,174   
   

 

 

 

Communications Equipment—1.0%

   

Cisco Systems, Inc.

    577,300        13,520,366   
   

 

 

 

Computers & Peripherals—3.4%

   

Apple, Inc.

    32,550        15,518,213   

Brocade Communications Systems, Inc. (b)

    401,800        3,234,490   

EMC Corp. (b)

    598,800        15,305,328   

NetApp, Inc.

    174,000        7,415,880   

Western Digital Corp.

    38,971        2,470,761   
   

 

 

 
      43,944,672   
   

 

 

 

Construction & Engineering—0.6%

   

KBR, Inc.

    237,100        7,738,944   
   

 

 

 

Consumer Finance—1.5%

   

Discover Financial Services

    388,075        19,613,311   
   

 

 

 

Containers & Packaging—0.8%

   

Packaging Corp. of America

    170,345      9,724,996   
   

 

 

 

Diversified Financial Services—5.4%

   

Bank of America Corp.

    1,712,129        23,627,380   

Citigroup, Inc.

    458,173        22,225,972   

JPMorgan Chase & Co.

    472,783        24,438,154   
   

 

 

 
      70,291,506   
   

 

 

 

Electronic Equipment, Instruments & Components—0.7%

  

Avnet, Inc. (b)

    132,500        5,526,575   

TE Connectivity, Ltd.

    64,100        3,319,098   
   

 

 

 
      8,845,673   
   

 

 

 

Energy Equipment & Services—2.0%

   

Halliburton Co.

    144,200        6,943,230   

Oceaneering International, Inc.

    76,900        6,247,356   

Schlumberger, Ltd.

    139,600        12,335,056   
   

 

 

 
      25,525,642   
   

 

 

 

Food & Staples Retailing—1.7%

   

CVS Caremark Corp.

    367,775        20,871,231   

Wal-Mart Stores, Inc.

    22,400        1,656,704   
   

 

 

 
      22,527,935   
   

 

 

 

Health Care Equipment & Supplies—0.9%

  

Medtronic, Inc.

    207,900        11,070,675   
   

 

 

 

Health Care Providers & Services—1.8%

  

 

Aetna, Inc.

    114,700        7,343,094   

Envision Healthcare Holdings, Inc. (b)

    19,700        512,791   

McKesson Corp.

    93,400        11,983,220   

Universal Health Services, Inc. (Class B)

    47,700        3,577,023   
   

 

 

 
      23,416,128   
   

 

 

 

Industrial Conglomerates—2.2%

   

3M Co.

    202,200        24,144,702   

General Electric Co.

    195,450        4,669,300   
   

 

 

 
      28,814,002   
   

 

 

 

Insurance—3.7%

   

Allied World Assurance Co. Holdings AG

    9,500        944,205   

American Financial Group, Inc.

    44,775        2,420,537   

American International Group, Inc. (b)

    442,200        21,504,186   

Chubb Corp.

    113,575        10,137,704   

Travelers Cos., Inc.

    145,150        12,304,365   
   

 

 

 
      47,310,997   
   

 

 

 

Internet Software & Services—2.3%

   

AOL, Inc. (a) (b)

    102,800        3,554,824   

Google, Inc. (Class A) (b)

    30,360        26,592,628   
   

 

 

 
      30,147,452   
   

 

 

 

IT Services—2.6%

   

Alliance Data Systems Corp. (a) (b)

    10,200        2,156,994   

 

MSF-36


Table of Contents

Metropolitan Series Fund

BlackRock Diversified Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stock—(Continued)

 

Security Description       
    
Shares
    Value  

IT Services—(Continued)

   

MasterCard, Inc.

    37,050      $ 24,926,499   

Teradata Corp. (b)

    111,200        6,164,928   
   

 

 

 
      33,248,421   
   

 

 

 

Life Sciences Tools & Services—0.9%

   

Agilent Technologies, Inc.

    223,800        11,469,750   
   

 

 

 

Machinery—1.3%

   

Cummins, Inc.

    12,750        1,694,093   

Ingersoll-Rand plc

    153,400        9,961,796   

WABCO Holdings, Inc.

    55,000        4,634,300   
   

 

 

 
      16,290,189   
   

 

 

 

Media—2.7%

   

Comcast Corp. (Class A)

    493,400        22,277,010   

Twenty-First Century Fox, Inc.

    357,406        11,973,101   
   

 

 

 
      34,250,111   
   

 

 

 

Multiline Retail—0.9%

   

Dillard’s, Inc. (a)

    48,300        3,781,890   

Macy’s, Inc.

    103,400        4,474,118   

Nordstrom, Inc. (a)

    55,725        3,131,745   
   

 

 

 
      11,387,753   
   

 

 

 

Oil, Gas & Consumable Fuels—4.9%

   

Chevron Corp.

    130,575        15,864,863   

Exxon Mobil Corp.

    112,675        9,694,557   

Marathon Petroleum Corp.

    191,720        12,331,430   

PBF Energy, Inc. (a)

    196,975        4,422,089   

Suncor Energy, Inc.

    466,040        16,674,911   

Tesoro Corp.

    85,290        3,751,054   
   

 

 

 
      62,738,904   
   

 

 

 

Paper & Forest Products—0.9%

   

Domtar Corp.

    73,200        5,813,544   

International Paper Co.

    127,725        5,722,080   
   

 

 

 
      11,535,624   
   

 

 

 

Pharmaceuticals—5.1%

   

Abbott Laboratories

    193,575        6,424,754   

AbbVie, Inc.

    189,075        8,457,325   

Eli Lilly & Co.

    132,675        6,677,533   

Johnson & Johnson

    33,750        2,925,787   

Merck & Co., Inc.

    415,175        19,766,482   

Pfizer, Inc.

    771,925        22,161,967   
   

 

 

 
      66,413,848   
   

 

 

 

Semiconductors & Semiconductor Equipment—1.1%

  

Applied Materials, Inc.

    629,850        11,047,569   

Teradyne, Inc. (a) (b)

    195,300        3,226,356   
   

 

 

 
      14,273,925   
   

 

 

 

Software—2.1%

   

Activision Blizzard, Inc.

    150,400      2,507,168   

Microsoft Corp.

    140,275        4,672,560   

Oracle Corp.

    451,500        14,976,255   

Symantec Corp.

    197,300        4,883,175   
   

 

 

 
      27,039,158   
   

 

 

 

Specialty Retail—3.0%

   

Lowe’s Cos., Inc.

    462,400        22,014,864   

Ross Stores, Inc.

    225,900        16,445,520   
   

 

 

 
      38,460,384   
   

 

 

 

Tobacco—0.4%

   

Philip Morris International, Inc.

    56,575        4,898,829   
   

 

 

 

Trading Companies & Distributors—0.1%

  

MRC Global, Inc. (b)

    70,400        1,886,720   
   

 

 

 

Total Common Stock
(Identified Cost $674,268,784)

      830,056,897   
   

 

 

 
U.S. Treasury & Government Agencies—23.2%   

Agency Sponsored Mortgage-Backed—12.7%

  

 

Fannie Mae 15 Yr.
2.500%, TBA

  $ 8,300,000        8,346,687   

3.000%, TBA

    3,500,000        3,623,594   

3.500%, TBA

    2,000,000        2,110,312   

4.500%, TBA

    1,900,000        2,018,156   

Fannie Mae 15 Yr. Pool
3.500%, 07/01/28

    540,762        572,389   

4.000%, 02/01/25

    1,339,478        1,423,051   

4.000%, 09/01/25

    238,082        252,752   

4.000%, 10/01/25

    661,968        702,544   

4.000%, 01/01/26

    193,706        205,661   

4.000%, 04/01/26

    109,080        116,714   

4.000%, 07/01/26

    536,745        569,716   

4.000%, 08/01/26

    256,306        272,159   

4.500%, 02/01/25

    257,487        273,648   

4.500%, 04/01/25

    33,527        35,634   

4.500%, 07/01/25

    182,467        193,960   

4.500%, 06/01/26

    3,791,184        4,027,537   

Fannie Mae 30 Yr. Pool
3.000%, 02/01/43

    1,272,296        1,244,334   

3.000%, 03/01/43

    3,608,664        3,528,817   

3.000%, 04/01/43

    2,848,826        2,785,938   

3.000%, 05/01/43

    3,553,689        3,475,737   

3.000%, 06/01/43

    476,183        465,954   

3.500%, 03/01/43

    99,692        101,622   

3.500%, 05/01/43

    198,390        202,231   

3.500%, 07/01/43

    397,854        405,555   

3.500%, 08/01/43

    4,783,346        4,876,593   

4.000%, 06/01/43

    398,037        418,158   

4.000%, 07/01/43

    1,170,452        1,229,542   

4.000%, 08/01/43

    7,310,647        7,678,380   

 

MSF-37


Table of Contents

Metropolitan Series Fund

BlackRock Diversified Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

U.S. Treasury & Government Agencies—(Continued)

 

Security Description   Principal
Amount
    Value  

Agency Sponsored Mortgage-Backed—(Continued)

  

Fannie Mae 30 Yr. Pool
4.000%, 09/01/43

  $ 937,230      $ 984,006   

4.500%, 09/01/41

    173,927        186,043   

4.500%, 08/01/42

    255,228        275,005   

4.500%, 08/01/43

    100,000        107,003   

4.500%, 09/01/43

    5,980,714        6,400,739   

4.500%, 10/01/43

    600,000        642,103   

5.000%, 04/01/33

    13,667        14,872   

5.000%, 07/01/33

    36,365        39,512   

5.000%, 09/01/33

    564,164        613,717   

5.000%, 11/01/33

    135,086        146,954   

5.000%, 12/01/33

    55,629        60,523   

5.000%, 02/01/34

    24,351        26,490   

5.000%, 03/01/34

    11,705        12,715   

5.000%, 04/01/34

    11,680        12,695   

5.000%, 06/01/34

    10,010        10,867   

5.000%, 07/01/34

    1,197,269        1,299,480   

5.000%, 10/01/34

    451,250        490,985   

5.000%, 12/01/34

    20,371        22,132   

5.000%, 07/01/35

    1,343,219        1,460,700   

5.000%, 10/01/35

    797,018        866,761   

5.000%, 12/01/35

    254,189        275,976   

5.000%, 08/01/36

    247,010        268,119   

5.000%, 07/01/37

    117,567        127,932   

5.000%, 11/01/40

    1,899,190        2,064,156   

5.000%, 07/01/41

    166,962        182,359   

5.000%, 08/01/41

    119,852        130,621   

5.500%, 08/01/28

    33,951        36,960   

5.500%, 04/01/33

    146,275        159,804   

5.500%, 08/01/37

    929,930        1,016,119   

5.500%, 04/01/41

    80,984        88,821   

6.000%, 03/01/28

    13,299        14,662   

6.000%, 05/01/28

    17,518        19,143   

6.000%, 06/01/28

    2,647        2,893   

6.000%, 02/01/34

    571,618        632,488   

6.000%, 08/01/34

    318,402        352,349   

6.000%, 04/01/35

    2,604,603        2,882,532   

6.000%, 02/01/38

    240,087        262,619   

6.000%, 03/01/38

    98,867        108,212   

6.000%, 05/01/38

    289,851        317,092   

6.000%, 10/01/38

    92,281        100,858   

6.000%, 12/01/38

    109,544        119,952   

6.500%, 05/01/40

    2,380,436        2,630,912   

Fannie Mae ACES
2.526%, 01/25/22 (c) (d)

    1,807,435        245,057   

Fannie Mae ARM Pool
2.999%, 03/01/41 (c)

    231,793        241,761   

3.120%, 03/01/41 (c)

    292,253        304,062   

3.225%, 12/01/40 (c)

    471,872        494,529   

3.349%, 06/01/41 (c)

    602,290        629,309   

3.495%, 09/01/41 (c)

    437,251        456,761   

Fannie Mae REMICS
4.000%, 08/25/19

    774,550        808,933   

FHLMC Multifamily Structured Pass-Through Certificates
1.560%, 12/25/18 (c) (d)

    3,251,855        222,703   

Agency Sponsored Mortgage-Backed—(Continued)

  

FHLMC Multifamily Structured Pass-Through Certificates
1.646%, 06/25/22 (c) (d)

  $ 1,966,584      $ 196,411   

1.884%, 03/25/22 (c) (d)

    1,519,497        170,304   

1.914%, 05/25/19 (c) (d)

    2,537,244        211,418   

2.615%, 01/25/23

    1,710,000        1,613,282   

2.637%, 01/25/23

    995,000        946,487   

3.250%, 04/25/23

    720,000        717,089   

3.300%, 04/25/23

    1,585,000        1,581,981   

Freddie Mac 15 Yr.
2.500%, TBA

    2,300,000        2,313,297   

3.000%, TBA

    1,300,000        1,343,672   

Freddie Mac 30 Yr.
3.000%, TBA

    2,600,000        2,530,125   

3.500%, TBA

    11,300,000        11,469,500   

4.000%, TBA

    4,400,000        4,589,343   

4.500%, TBA

    200,000        212,219   

5.000%, TBA

    3,500,000        3,767,504   

5.500%, TBA

    1,000,000        1,083,437   

Freddie Mac 30 Yr. Gold Pool
3.000%, 03/01/43

    590,590        575,343   

4.500%, 10/01/41

    4,033,785        4,290,900   

4.500%, 09/01/43

    400,000        426,261   

5.500%, 07/01/33

    421,581        460,360   

Freddie Mac ARM Non-Gold Pool
3.033%, 02/01/41 (c)

    470,069        491,067   

Freddie Mac Multi-Family Mortgage Trust
3.563%, 08/25/45 (144A) (c)

    540,000        520,404   

3.737%, 07/25/46 (144A)

    707,000        619,654   

3.740%, 04/25/45 (144A) (c)

    500,000        463,100   

4.162%, 11/25/44 (144A) (c)

    101,100        95,770   

Ginnie Mae
1.014%, 02/16/53 (c) (d)

    3,379,270        251,441   

Ginnie Mae 30 Yr.
3.000%, TBA

    4,600,000        4,546,094   

3.500%, TBA

    7,700,000        7,943,032   

4.000%, TBA

    1,100,000        1,164,281   

4.500%, TBA

    2,100,000        2,254,219   

5.000%, TBA

    3,500,000        3,802,422   

5.500%, TBA

    1,500,000        1,642,266   

Ginnie Mae I 15 Yr. Pool
7.500%, 12/15/14

    24,864        25,347   

Ginnie Mae I 30 Yr. Pool
3.500%, 02/15/42

    99,662        102,831   

3.500%, 05/15/42

    99,617        102,785   

3.500%, 08/15/42

    191,258        197,239   

3.500%, 11/15/42

    99,661        102,784   

3.500%, 12/15/42

    298,983        308,335   

3.500%, 01/15/43

    99,639        102,767   

3.500%, 02/15/43

    199,360        205,644   

3.500%, 04/15/43

    199,343        205,652   

3.500%, 05/15/43

    592,284        611,052   

3.500%, 06/15/43

    99,686        102,850   

3.500%, 07/15/43

    497,609        513,417   

4.000%, 09/15/42

    2,417,477        2,558,769   

5.000%, 12/15/38

    166,353        181,390   

 

MSF-38


Table of Contents

Metropolitan Series Fund

BlackRock Diversified Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

U.S. Treasury & Government Agencies—(Continued)

 

Security Description   Principal
Amount
    Value  

Agency Sponsored Mortgage-Backed—(Continued)

  

Ginnie Mae I 30 Yr. Pool
5.000%, 07/15/39

  $ 320,215      $ 348,111   

5.000%, 12/15/40

    482,132        525,617   

9.000%, 11/15/19

    6,970        7,005   

Ginnie Mae II 30 Yr. Pool
4.000%, 11/20/40

    2,029,012        2,153,962   

4.000%, 02/20/41

    1,468,183        1,560,670   

4.500%, 05/20/41

    4,685,894        5,070,055   

4.500%, 06/20/41

    450,512        487,447   

4.500%, 07/20/41

    271,381        293,631   

4.500%, 02/15/42

    4,602,422        4,982,474   

5.000%, 10/20/39

    184,291        201,798   
   

 

 

 
      163,272,686   
   

 

 

 

Federal Agencies—0.2%

   

Farmer Mac Guaranteed Notes Trust 2007-1
5.125%, 04/19/17

    400,000        455,856   

Federal Home Loan Bank
5.500%, 07/15/36

    360,000        425,373   

Federal National Mortgage Association
5.125%, 01/02/14

    1,205,000        1,220,525   

Tennessee Valley Authority
5.980%, 04/01/36

    430,000        520,205   
   

 

 

 
      2,621,959   
   

 

 

 

U.S. Treasury—10.3%

   

U.S. Treasury Bonds
2.750%, 08/15/42

    1,115,000        924,230   

2.750%, 11/15/42

    55,000        45,521   

3.625%, 08/15/43

    36,770,000        36,344,865   

U.S. Treasury Inflation Protected Bonds (TIPS)
0.750%, 02/15/42

    1,716,075        1,468,718   

U.S. Treasury Inflation Protected Notes (TIPS)
0.125%, 01/15/23

    6,051,760        5,887,225   

0.375%, 07/15/23

    11,844,368        11,783,298   

U.S. Treasury Notes
0.250%, 09/30/15

    755,000        753,880   

0.375%, 08/31/15 (e) (f)

    6,085,000        6,092,132   

0.875%, 09/15/16 (f)

    11,720,000        11,806,072   

1.000%, 11/30/19

    6,763,000        6,450,739   

1.375%, 09/30/18

    11,520,000        11,511,901   

1.500%, 08/31/18 (f)

    11,695,000        11,772,666   

1.625%, 11/15/22

    1,057,100        978,726   

2.125%, 08/31/20

    6,210,000        6,264,822   

2.500%, 08/15/23 (f)

    21,236,600        21,020,921   
   

 

 

 
      133,105,716   
   

 

 

 

Total U.S. Treasury & Government Agencies (Identified Cost $296,821,257)

      299,000,361   
   

 

 

 
Corporate Bonds & Notes—7.8%   

Auto Manufacturers—0.0%

   

General Motors Co.
4.875%, 10/02/23 (144A)

    280,000        273,700   

Auto Manufacturers—(Continued)

  

General Motors Co.
6.250%, 10/02/43 (144A)

  170,000      167,450   
   

 

 

 
      441,150   
   

 

 

 

Banks—0.9%

   

ABN Amro Bank NV
6.375%, 04/27/21 (EUR)

    115,000        173,187   

Bank of America Corp.

   

3.300%, 01/11/23

    1,960,000        1,836,050   

4.100%, 07/24/23

    1,673,000        1,662,602   

Caixa Economica Federal
2.375%, 11/06/17 (144A)

    580,000        542,300   

Citigroup, Inc.

   

3.375%, 03/01/23

    480,000        456,753   

4.450%, 01/10/17

    280,000        303,175   

Commerzbank AG
6.375%, 03/22/19 (EUR) (a)

    300,000        428,327   

Fifth Third Capital Trust IV
6.500%, 04/15/67 (c)

    695,000        691,525   

Goldman Sachs Group, Inc.

   

3.625%, 01/22/23

    1,150,000        1,099,697   

5.750%, 01/24/22

    452,000        501,107   

HSBC Bank Brasil S.A.
4.000%, 05/11/16 (144A) (c)

    1,900,000        1,951,300   

JPMorgan Chase & Co.

   

3.200%, 01/25/23

    535,000        500,502   

3.250%, 09/23/22

    407,000        383,961   

5.150%, 12/31/49 (c)

    363,000        317,625   

Landsbanki Islands Hf
6.100%, 12/31/49 (144A) (g)

    320,000        27,600   

Morgan Stanley
3.800%, 04/29/16

    345,000        363,121   

Sberbank of Russia
6.125%, 02/07/22

    438,000        458,805   

State Street Capital Trust IV
1.254%, 06/01/77 (c)

    90,000        70,200   
   

 

 

 
      11,767,837   
   

 

 

 

Beverages—0.0%

   

PepsiCo, Inc.
3.600%, 08/13/42

    475,000        394,738   
   

 

 

 

Biotechnology—0.1%

   

Life Technologies Corp.
6.000%, 03/01/20

    1,030,000        1,159,865   
   

 

 

 

Chemicals—0.2%

   

LYB International Finance BV

   

4.000%, 07/15/23

    251,000        248,837   

5.250%, 07/15/43

    6,000        5,900   

LyondellBasell Industries NV
5.000%, 04/15/19

    2,018,000        2,221,306   
   

 

 

 
      2,476,043   
   

 

 

 

 

MSF-39


Table of Contents

Metropolitan Series Fund

BlackRock Diversified Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Corporate Bonds & Notes—(Continued)

 

Security Description   Principal
Amount
    Value  

Coal—0.1%

   

CONSOL Energy, Inc.
8.250%, 04/01/20

  $ 93,000      $ 99,743   

Peabody Energy Corp.

   

6.000%, 11/15/18

    82,000        81,795   

6.250%, 11/15/21 (a)

    483,000        468,510   
   

 

 

 
      650,048   
   

 

 

 

Commercial Services—0.1%

   

United Rentals N.A., Inc.
7.625%, 04/15/22

    1,098,000        1,194,075   
   

 

 

 

Computers—0.1%

   

International Business Machines Corp.
3.375%, 08/01/23

    1,045,000        1,030,995   
   

 

 

 

Construction & Engineering—0.0%

  

 

Odebrecht Offshore Drilling Finance, Ltd.
6.750%, 10/01/22 (144A) (a)

    375,000        384,375   
   

 

 

 

Containers & Packaging—0.0%

   

Rock Tenn Co.
4.000%, 03/01/23

    214,000        207,339   
   

 

 

 

Diversified Financial Services—0.3%

  

 

Discover Financial Services
3.850%, 11/21/22

    800,000        763,266   

Ford Motor Credit Co., LLC
4.375%, 08/06/23

    233,000        233,132   

5.000%, 05/15/18

    1,438,000        1,575,402   

Lehman Brothers Holdings Capital Trust VII
5.857%, 11/29/49 (g)

    325,000        33   

Lehman Brothers Holdings, Inc.
6.500%, 07/19/17 (g)

    1,770,000        177   

6.750%, 12/28/17 (g)

    2,505,000        250   

Novus USA Trust 2013-1
1.562%, 02/28/14 (144A) (c)

    960,000        958,560   
   

 

 

 
      3,530,820   
   

 

 

 

Electric—0.6%

   

Cleveland Electric Illuminating Co.

   

5.950%, 12/15/36

    328,000        334,960   

8.875%, 11/15/18

    181,000        232,176   

Dominion Resources, Inc.
1.950%, 08/15/16

    880,000        897,942   

Duke Energy Carolinas, LLC
4.250%, 12/15/41

    515,000        484,953   

Energy Future Intermediate Holding Co., LLC 10.000%, 12/01/20

    2,590,000        2,729,213   

Georgia Power Co.
3.000%, 04/15/16

    1,095,000        1,141,969   

Jersey Central Power & Light Co.
7.350%, 02/01/19

    330,000        395,865   

MidAmerican Energy Holdings Co.
6.500%, 09/15/37

    725,000        856,341   

Trans-Allegheny Interstate Line Co.
4.000%, 01/15/15 (144A)

    345,000        356,253   
   

 

 

 
      7,429,672   
   

 

 

 

Healthcare Products—0.1%

   

Boston Scientific Corp.
2.650%, 10/01/18

  166,000      166,072   

Edwards Lifesciences, Corp.
2.875%, 10/15/18

    788,000        784,898   
   

 

 

 
      950,970   
   

 

 

 

Healthcare Services—0.2%

   

Coventry Health Care, Inc.
5.450%, 06/15/21

    569,000        632,047   

HCA, Inc.
7.250%, 09/15/20

    520,000        565,500   

Tenet Healthcare Corp.
6.250%, 11/01/18

    690,000        736,575   

UnitedHealth Group, Inc.
3.375%, 11/15/21

    230,000        229,311   

WellPoint, Inc.
1.875%, 01/15/18

    650,000        644,305   

2.300%, 07/15/18

    42,000        42,019   
   

 

 

 
      2,849,757   
   

 

 

 

Household Products—0.1%

   

Reynolds Group Issuer, Inc.

   

6.875%, 02/15/21 (c)

    625,000        667,188   

7.875%, 08/15/19

    715,000        786,500   
   

 

 

 
      1,453,688   
   

 

 

 

Insurance—0.8%

   

American International Group, Inc.

   

3.375%, 08/15/20

    820,000        820,499   

3.800%, 03/22/17

    1,170,000        1,244,308   

4.125%, 02/15/24

    471,000        471,325   

4.875%, 06/01/22

    711,000        762,733   

5.450%, 05/18/17

    505,000        564,497   

8.175%, 05/15/68 (c)

    360,000        421,380   

AXA S.A.
5.250%, 04/16/40 (EUR) (c)

    550,000        783,060   

Manulife Financial Corp.
3.400%, 09/17/15

    960,000        1,000,229   

Muenchener Rueckversicherungs AG
6.000%, 05/26/41 (EUR) (c)

    500,000        772,315   

Prudential Financial, Inc.

   

4.750%, 09/17/15

    877,000        940,977   

5.375%, 06/21/20

    770,000        868,614   

5.875%, 09/15/42

    566,000        554,680   

XL Group plc
6.500%, 12/29/49 (c)

    1,005,000        962,287   
   

 

 

 
      10,166,904   
   

 

 

 

Lodging—0.1%

  

Paris Las Vegas Holding, LLC

   

8.000%, 10/01/20 (144A)

    471,000        471,000   

11.000%, 10/01/21 (144A)

    521,000        521,000   
   

 

 

 
      992,000   
   

 

 

 

 

MSF-40


Table of Contents

Metropolitan Series Fund

BlackRock Diversified Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Corporate Bonds & Notes—(Continued)

 

Security Description   Principal
Amount
    Value  

Media—0.7%

  

CBS Corp.

   

4.625%, 05/15/18

  $ 215,000      $ 235,392   

5.750%, 04/15/20

    170,000        189,879   

8.875%, 05/15/19

    380,000        485,770   

Comcast Corp.

   

4.650%, 07/15/42

    1,172,000        1,114,493   

5.875%, 02/15/18

    205,000        239,178   

COX Communications, Inc.

   

2.950%, 06/30/23 (144A)

    338,000        291,743   

4.700%, 12/15/42 (144A)

    32,000        25,916   

8.375%, 03/01/39 (144A)

    1,510,000        1,791,102   

DIRECTV Holding, LLC
3.800%, 03/15/22

    490,000        457,341   

NBCUniversal Enterprise, Inc.
5.250%, 12/31/49 (144A)

    500,000        495,000   

NBCUniversal Media, LLC

   

4.375%, 04/01/21

    1,090,000        1,173,445   

4.450%, 01/15/43

    461,000        426,067   

5.150%, 04/30/20

    946,000        1,072,730   

TCI Communications, Inc.
7.875%, 02/15/26

    1,159,000        1,515,505   
   

 

 

 
      9,513,561   
   

 

 

 

Mining—0.2%

   

BHP Billiton Finance USA, Ltd.

   

3.850%, 09/30/23

    689,000        694,282   

5.000%, 09/30/43

    271,000        276,011   

Novelis, Inc.
8.750%, 12/15/20

    1,095,000        1,201,762   
   

 

 

 
      2,172,055   
   

 

 

 

Oil & Gas—1.3%

  

Apache Corp.
4.250%, 01/15/44

    305,000        266,825   

BP Capital Market plc
2.750%, 05/10/23

    695,000        634,768   

Laredo Petroleum, Inc.
7.375%, 05/01/22

    440,000        466,400   

Linn Energy, LLC
6.750%, 11/01/19 (144A) (c)

    532,000        501,410   

MEG Energy Corp.
6.500%, 03/15/21 (144A)

    1,495,000        1,506,212   

Murphy Oil Corp.

   

2.500%, 12/01/17

    758,000        752,364   

3.700%, 12/01/22

    403,000        375,621   

4.000%, 06/01/22

    171,000        163,527   

Nexen, Inc.

   

5.875%, 03/10/35

    30,000        31,052   

7.500%, 07/30/39

    410,000        503,186   

Noble Energy, Inc.

   

4.150%, 12/15/21

    380,000        395,608   

6.000%, 03/01/41

    430,000        483,891   

8.250%, 03/01/19

    360,000        449,866   

Noble Holding International, Ltd.

   

3.950%, 03/15/22

    150,000        144,688   

5.250%, 03/15/42

    615,000        560,031   

Oil & Gas—(Continued)

  

Novatek OAO
4.422%, 12/13/22 (144A)

  355,000      325,712   

Petrobras International Finance Co.
3.875%, 01/27/16

    1,835,000        1,893,333   

Range Resources Corp.
5.750%, 06/01/21

    155,000        162,750   

Shell International Finance BV
4.550%, 08/12/43

    709,000        698,490   

Sibur Securities, Ltd.
3.914%, 01/31/18 (144A)

    200,000        190,000   

Total Capital International S.A.
3.700%, 01/15/24

    1,435,000        1,441,427   

Transocean, Inc.

   

2.500%, 10/15/17

    1,210,000        1,213,248   

5.050%, 12/15/16

    860,000        942,464   

6.000%, 03/15/18

    1,569,000        1,767,896   

6.500%, 11/15/20

    530,000        591,610   
   

 

 

 
      16,462,379   
   

 

 

 

Paper & Forest Products—0.1%

  

International Paper Co.
4.750%, 02/15/22

    1,924,000        2,026,272   
   

 

 

 

Pharmaceuticals—0.0%

  

Teva Pharmaceutical Finance Co. BV
3.650%, 11/10/21

    290,000        287,837   
   

 

 

 

Pipelines—0.3%

  

Energy Transfer Partners, L.P.

   

3.600%, 02/01/23

    850,000        791,763   

4.150%, 10/01/20 (a)

    820,000        842,726   

Enterprise Products Operating, LLC
4.450%, 02/15/43

    335,000        296,359   

Western Gas Partners, L.P.

   

4.000%, 07/01/22

    385,000        373,647   

5.375%, 06/01/21

    668,000        714,399   

Williams Cos., Inc.

   

3.700%, 01/15/23

    1,090,000        984,419   

7.875%, 09/01/21

    256,000        305,301   
   

 

 

 
      4,308,614   
   

 

 

 

Real Estate—0.1%

  

Realogy Corp.
7.875%, 02/15/19 (144A)

    847,000        925,348   
   

 

 

 

Real Estate Investment Trusts—0.0%

  

Ventas Realty, L.P.
2.700%, 04/01/20

    177,000        168,694   

Vornado Realty, L.P.
5.000%, 01/15/22

    405,000        424,635   
   

 

 

 
      593,329   
   

 

 

 

Retail—0.1%

  

QVC, Inc.
7.500%, 10/01/19 (144A)

    590,000        634,915   

 

MSF-41


Table of Contents

Metropolitan Series Fund

BlackRock Diversified Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Corporate Bonds & Notes—(Continued)

 

Security Description   Principal
Amount
    Value  

Retail—(Continued)

  

Wal-Mart Stores, Inc.
4.000%, 04/11/43

  $ 425,000      $ 378,883   
   

 

 

 
      1,013,798   
   

 

 

 

Software—0.1%

  

First Data Corp.
7.375%, 06/15/19 (144A)

    280,000        294,700   

Oracle Corp.
2.500%, 10/15/22

    695,000        640,688   

Oracle Corp.
3.625%, 07/15/23

    38,000        37,898   
   

 

 

 
      973,286   
   

 

 

 

Telecommunications—1.1%

  

America Movil S.A.B. de C.V.
2.375%, 09/08/16

    1,140,000        1,159,152   

CC Holdings GS V, LLC
3.849%, 04/15/23

    519,000        467,998   

Crown Castle Towers, LLC
6.113%, 01/15/40 (144A)

    811,000        917,292   

Intelsat Jackson Holdings S.A.
7.250%, 04/01/19

    611,000        653,770   

Level 3 Financing, Inc.
8.125%, 07/01/19

    581,000        621,670   

MetroPCS Wireless, Inc.
7.875%, 09/01/18

    42,000        45,412   

SBA Tower Trust
5.101%, 04/15/42 (144A)

    94,000        101,468   

Sprint Corp.
7.875%, 09/15/23 (144A)

    425,000        433,500   

Sprint Nextel Corp.
9.000%, 11/15/18 (144A)

    1,470,000        1,723,575   

Verizon Communications, Inc.

   

2.450%, 11/01/22

    405,000        359,106   

3.650%, 09/14/18 (a)

    2,400,000        2,528,863   

3.850%, 11/01/42

    2,302,000        1,817,774   

5.150%, 09/15/23

    1,734,000        1,858,477   

6.550%, 09/15/43

    2,071,000        2,338,029   
   

 

 

 
      15,026,086   
   

 

 

 

Transportation—0.1%

  

Burlington Northern Santa Fe, LLC
3.000%, 03/15/23

    792,000        745,258   
   

 

 

 

Total Corporate Bonds & Notes
(Identified Cost $104,697,240)

      101,128,099   
   

 

 

 
Asset-Backed Securities—6.7%   

Asset Backed - Automobile—2.1%

  

AmeriCredit Automobile Receivables Trust

   

1.310%, 11/08/17

    265,000        264,844   

1.660%, 09/10/18

    170,000        170,315   

1.690%, 11/08/18 (c)

    325,000        322,830   

Asset Backed - Automobile—(Continued)

  

AmeriCredit Automobile Receivables Trust

   

1.930%, 08/08/18

  $ 415,000      $ 414,147   

2.420%, 05/08/18

    440,000        446,590   

2.640%, 10/10/17

    430,000        438,945   

2.720%, 09/09/19

    100,000        101,137   

3.310%, 10/08/19

    245,000        245,821   

3.440%, 10/08/17 (c)

    565,000        586,487   

AUTO ABS 2012-2 Srl
2.800%, 04/27/25 (EUR)

    577,168        787,640   

Chesapeake Funding, LLC

   

1.782%, 11/07/23 (144A) (c)

    390,000        391,778   

2.182%, 11/07/23 (144A) (c)

    255,000        256,158   

Credit Acceptance Auto Loan Trust
1.210%, 10/15/20 (144A)

    340,000        339,902   

DT Auto Owner Trust

   

2.260%, 10/16/17 (144A) (c)

    350,309        350,709   

3.380%, 10/16/17 (144A) (c)

    280,000        281,440   

4.030%, 02/15/17 (144A)

    355,000        356,201   

4.940%, 07/16/18 (144A)

    565,000        575,450   

Ford Credit Floorplan Master Owner Trust
1.390%, 09/15/16

    305,000        306,133   

1.682%, 01/15/16 (c)

    620,000        621,763   

2.090%, 09/15/16

    535,000        538,134   

2.282%, 01/15/16 (c)

    580,000        582,064   

2.860%, 01/15/19 (c)

    139,000        142,919   

3.500%, 01/15/19 (c)

    265,000        274,042   

Hyundai Auto Receivables Trust
2.610%, 05/15/18

    360,000        366,444   

Prestige Auto Receivables Trust
1.090%, 02/15/18 (144A)

    595,144        596,021   

1.330%, 05/15/19 (144A)

    330,000        328,453   

Santander Drive Auto Receivables Trust

   

0.800%, 10/17/16 (144A)

    355,000        354,659   

1.190%, 05/15/18

    1,090,000        1,076,124   

1.210%, 10/16/17 (144A) (c)

    1,260,000        1,256,880   

1.330%, 05/15/17

    510,000        510,828   

1.330%, 03/15/18

    1,210,000        1,198,387   

1.480%, 05/15/17 (144A)

    174,352        174,787   

1.560%, 08/15/18

    730,000        736,179   

1.780%, 11/15/18 (144A) (c)

    2,360,000        2,309,470   

1.890%, 10/15/19 (144A)

    775,000        774,820   

1.940%, 12/15/16 (c)

    1,115,000        1,127,384   

1.940%, 03/15/18 (c)

    350,000        347,467   

2.160%, 01/15/20

    610,000        620,529   

2.700%, 08/15/18

    350,000        352,204   

2.720%, 05/16/16 (c)

    330,000        335,135   

2.940%, 12/15/17 (c)

    520,000        530,213   

3.010%, 04/16/18 (c)

    1,520,000        1,560,196   

3.120%, 10/15/19 (144A)

    300,000        300,328   

3.200%, 02/15/18 (c)

    1,175,000        1,208,478   

3.250%, 01/15/20

    510,000        517,943   

3.780%, 11/15/17 (c)

    445,000        454,989   

3.780%, 10/15/19 (144A)

    195,000        195,396   

4.670%, 01/15/20 (144A)

    1,085,000        1,084,491   
   

 

 

 
      27,113,254   
   

 

 

 

 

MSF-42


Table of Contents

Metropolitan Series Fund

BlackRock Diversified Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Asset-Backed Securities—(Continued)

 

Security Description   Principal
Amount
    Value  

Asset Backed - Credit Card—0.3%

  

CHLUPA Trust
3.326%, 08/15/20 (144A)

  $ 998,543      $ 998,531   

World Financial Network Credit Card Master Trust
2.150%, 04/17/23 (c)

    1,570,000        1,531,034   

2.230%, 08/15/22

    1,270,000        1,261,288   
   

 

 

 
      3,790,853   
   

 

 

 

Asset Backed - Home Equity—0.1%

  

Morgan Stanley Home Equity Loan Trust
0.499%, 09/25/35 (c)

    300,458        281,688   

RASC Trust
6.349%, 03/25/32

    87,869        85,619   
   

 

 

 
      367,307   
   

 

 

 

Asset Backed - Other—2.5%

  

321 Henderson Receivables I, LLC

   

3.820%, 12/15/48 (144A)

    537,725        563,302   

5.560%, 07/15/59 (144A)

    1,428,176        1,623,975   

Anchorage Capital CLO, Ltd.
1.466%, 07/13/25 (c)

    1,075,000        1,068,380   

Battalion CLO, Ltd.
1.689%, 10/22/25 (144A) (c)

    615,000        613,462   

Benefit Street Partners CLO, Ltd.
1.472%, 07/15/24 (144A) (c)

    320,000        319,758   

Carlyle Global Market Strategies
1.656%, 01/20/25 (144A) (c)

    1,935,000        1,937,258   

Cavalry CLO II
2.268%, 01/17/24 (144A) (c)

    990,000        987,858   

Chase Funding Mortgage Loan Asset-Backed Certificates
6.333%, 04/25/32 (c)

    193,503        197,763   

Countrywide Asset-Backed Certificates
0.629%, 03/25/47 (144A) (c)

    338,964        179,838   

1.184%, 07/25/34 (c)

    173,570        164,486   

5.071%, 04/25/35 (c)

    546,757        433,078   

CT CDO IV, Ltd.
0.490%, 10/20/43 (144A) (c)

    570,216        530,785   

Finance America Mortgage Loan Trust
1.229%, 09/25/33 (c)

    142,506        131,048   

Fremont Home Loan Trust
1.229%, 12/25/33 (c)

    140,245        129,576   

GMAC Mortgage Corp. Loan Trust
0.419%, 10/25/34 (144A) (c)

    236,054        197,449   

GoldenTree Loan Opportunities VII, Ltd.
1.414%, 04/25/25 (144A) (c)

    790,000        788,140   

Greenpoint Mortgage Funding Trust
0.779%, 09/25/34 (c)

    16,837        16,779   

GT Loan Financing I, Ltd.
1.472%, 10/28/24 (144A) (c)

    680,000        676,192   

HLSS Servicer Advance Receivables Backed Notes

   

1.183%, 08/15/44 (144A)

    995,000        994,403   

1.287%, 09/15/44 (144A)

    740,000        740,000   

1.340%, 10/15/43 (144A)

    220,000        220,066   

HLSS Servicer Advance Receivables Backed Notes

   

1.495%, 05/16/44 (144A)

  140,000      139,076   

1.495%, 01/16/46 (144A) (c)

    1,580,000        1,574,628   

1.793%, 05/15/46 (144A) (c)

    2,210,000        2,174,861   

1.979%, 08/15/46 (144A)

    385,000        386,463   

1.990%, 10/15/45 (144A)

    440,000        441,936   

ING Investment Management Co.
1.798%, 10/15/22 (144A) (c)

    435,000        435,984   

KKR CLO Trust
1.453%, 07/15/25 (144A) (c)

    565,000        559,233   

KKR Financial CL 2007-A Corp.
1.018%, 10/15/17 (144A) (c)

    923,690        919,418   

Knollwood CDO, Ltd.
3.471%, 01/10/39 (144A) (c)

    534,202        5   

Long Beach Mortgage Loan Trust
1.829%, 02/25/34 (c)

    172,279        151,473   

Nationstar Mortgage Advance Receivable Trust

   

1.080%, 06/20/44 (144A)

    1,240,000        1,239,537   

1.679%, 06/20/46 (144A)

    1,765,000        1,762,475   

Northwoods Capital Corp.

   

1.686%, 01/18/24 (144A) (c)

    615,000        615,399   

2.516%, 01/18/24 (144A) (c)

    580,000        583,001   

Octagon Investment Partners XVI , Ltd.
1.392%, 07/17/25 (144A) (c)

    720,000        715,314   

OHA Loan Funding, Ltd.
1.680%, 08/23/24 (144A) (c)

    695,000        691,525   

OZLM Funding, Ltd.

   

1.467%, 07/22/25 (144A) (c)

    1,205,000        1,194,220   

1.746%, 10/30/23 (144A) (c)

    1,070,000        1,076,965   

PFS Financing Corp.
1.382%, 02/15/16 (144A) (c)

    800,000        801,340   

SpringCastle America Funding, LLC
3.750%, 04/03/21 (144A)

    2,194,245        2,174,636   

Structured Asset Securities Corp.
0.429%, 11/25/37 (c)

    62,358        60,336   

Vibrant CLO, Ltd.
1.748%, 07/17/24 (144A) (c)

    1,920,000        1,922,490   

2.668%, 07/17/24 (144A) (c)

    500,000        503,542   
   

 

 

 
      32,637,453   
   

 

 

 

Asset Backed - Student Loan—1.7%

  

Nelnet Student Loan Trust

   

0.372%, 08/23/27 (c)

    695,000        676,212   

1.912%, 11/25/24 (c)

    796,000        836,902   

Scholar Funding Trust
1.164%, 10/28/43 (144A) (c)

    482,700        480,058   

SLC Private Student Loan Trust
0.438%, 07/15/36 (c)

    1,290,000        1,253,509   

SLM Private Credit Student Loan Trust

   

0.434%, 03/15/23 (c)

    444,131        434,001   

0.724%, 09/15/33 (c)

    80,935        69,874   

SLM Private Education Loan Trust
1.282%, 08/15/23 (144A) (c)

    669,807        672,622   

SLM Student Loan Trust

   

0.454%, 06/15/21 (c)

    961,564        945,243   

0.544%, 12/15/25 (144A) (c)

    1,105,000        1,103,226   

 

MSF-43


Table of Contents

Metropolitan Series Fund

BlackRock Diversified Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Asset-Backed Securities—(Continued)

 

Security Description   Principal
Amount
    Value  

Asset Backed - Student Loan—(Continued)

  

SLM Student Loan Trust

   

0.932%, 10/16/23 (144A) (c)

  $ 628,427      $ 627,553   

1.030%, 02/15/22 (144A) (c)

    1,130,000        1,130,011   

1.232%, 05/17/27 (144A) (c)

    1,550,000        1,532,057   

1.582%, 08/15/25 (144A) (c)

    327,481        330,013   

1.680%, 10/15/31 (144A) (c)

    440,000        440,004   

1.770%, 05/17/27 (144A)

    2,305,000        2,252,967   

1.850%, 06/17/30 (144A)

    2,205,000        2,131,560   

1.966%, 07/25/23 (c)

    635,000        663,628   

2.090%, 06/15/45 (144A)

    530,000        523,713   

2.940%, 10/15/31 (144A)

    830,000        829,800   

2.950%, 02/15/46 (144A)

    1,965,000        2,023,643   

3.310%, 10/15/46 (144A) (c)

    1,550,000        1,609,156   

3.480%, 10/15/30 (144A)

    110,000        115,287   

3.740%, 02/15/29 (144A)

    200,000        209,858   

3.830%, 01/17/45 (144A)

    445,000        464,639   

4.540%, 10/17/44 (144A)

    610,000        665,860   
   

 

 

 
      22,021,396   
   

 

 

 

Total Asset-Backed Securities
(Identified Cost $86,196,830)

      85,930,263   
   

 

 

 
Mortgage-Backed Securities—5.1%   

Collateralized-Mortgage Obligation—0.8%

  

 

Countrywide Alternative Loan Trust
5.500%, 11/25/35

    1,920,452        1,626,553   

5.500%, 04/25/37

    883,394        653,083   

6.500%, 09/25/37

    3,301,383        2,545,855   

Countrywide Home Loan Mortgage Pass-Through Trust
0.379%, 04/25/46 (c)

    558,315        417,002   

0.519%, 02/25/35 (c)

    310,381        265,110   

Credit Suisse Mortgage Capital Certificates
2.584%, 05/27/36 (144A) (c)

    912,270        842,941   

4.741%, 08/27/46 (144A) (c)

    1,054,020        1,012,939   

Deutsche ALT-A Securities, Inc. Alternate Loan Trust
0.329%, 12/25/36 (c)

    736,952        577,538   

Deutsche Mortgage Securities, Inc.
5.227%, 06/26/35 (144A) (c)

    230,512        232,783   

GSR Mortgage Loan Trust
6.000%, 07/25/37

    921,526        850,409   

Indymac Index Mortgage Loan Trust
0.799%, 06/25/34 (c)

    47,575        43,321   

2.640%, 10/25/35 (c)

    170,648        142,808   

JPMorgan Mortgage Trust
6.500%, 08/25/36

    235,824        203,812   

MASTR Adjustable Rate Mortgages Trust
2.106%, 09/25/33 (c)

    250,350        245,054   

MASTR Reperforming Loan Trust
4.894%, 05/25/36 (144A) (c)

    289,554        271,689   

WaMu Mortgage Pass-Through Certificates
4.897%, 08/25/36 (c)

    216,896        190,760   
   

 

 

 
      10,121,657   
   

 

 

 

Commercial Mortgage-Backed Securities—4.3%

  

 

Banc of America Commercial Mortgage Trust
5.482%, 01/15/49 (c)

  80,000      83,606   

5.857%, 06/10/49 (c)

    1,724,370        1,893,673   

Banc of America Large Loan, Inc.
2.482%, 11/15/15 (144A) (c)

    905,617        907,070   

Banc of America Merrill Lynch Commercial Mortgage, Inc.
5.344%, 11/10/42 (c)

    1,551,051        1,585,152   

Bayview Commercial Asset Trust
0.409%, 07/25/36 (144A) (c)

    411,809        336,357   

BB-UBS Trust
0.730%, 11/05/36 (144A) (c) (d)

    10,235,000        593,732   

Bear Stearns Commercial Mortgage Securities
5.189%, 12/11/38

    973,904        1,072,866   

5.317%, 02/11/44

    690,777        762,017   

5.449%, 12/11/40 (c)

    170,000        182,172   

5.650%, 06/11/50 (c)

    685,604        764,552   

CD 2007-CD5 Mortgage Trust
6.119%, 11/15/44 (c)

    80,000        90,541   

Citigroup Commercial Mortgage Trust
1.312%, 09/10/46 (c) (d)

    3,920,000        299,880   

6.336%, 12/10/49 (c)

    440,000        482,790   

COMM 2010-RR1 Mortgage Trust
5.543%, 12/11/49 (144A) (c)

    320,000        347,127   

COMM 2013-CCRE7 Mortgage Trust
1.761%, 03/10/46 (c)( d)

    5,512,884        506,232   

COMM 2013-GAM
3.367%, 02/10/28 (144A)

    680,000        654,542   

Commercial Mortgage Pass-Through Certificates
1.701%, 03/10/46 (c) (d)

    7,636,943        608,726   

2.417%, 05/15/45 (c) (d)

    3,672,597        459,413   

3.400%, 10/05/30 (144A) (c)

    605,000        565,518   

5.311%, 12/15/39

    4,000,000        4,365,944   

5.347%, 12/10/46

    665,000        728,938   

Commercial Mortgage Trust
5.475%, 03/10/39

    65,000        67,970   

5.867%, 12/10/49 (c)

    385,000        419,076   

Credit Suisse First Boston Mortgage Securities Corp.
4.771%, 07/15/37

    125,000        130,050   

Credit Suisse Mortgage Capital Certificates
0.452%, 04/15/22 (144A) (c)

    880,000        838,602   

DBRR Trust
0.946%, 09/25/45 (144A)

    1,761,986        1,761,180   

1.636%, 08/18/17 (144A)

    525,428        524,622   

5.936%, 06/17/49 (c)

    510,000        571,200   

Del Coronado Trust
5.183%, 03/15/18 (144A) (c)

    520,000        522,288   

Extended Stay America Trust
2.675%, 12/05/31 (144A) (c)

    1,120,000        1,100,349   

2.958%, 12/05/31 (144A) (c)

    535,000        522,825   

FREMF Mortgage Trust
3.274%, 04/25/46 (144A) (c)

    85,000        77,760   

GE Capital Commercial Mortgage Corp.
4.578%, 06/10/48

    1,656,555        1,675,149   

 

MSF-44


Table of Contents

Metropolitan Series Fund

BlackRock Diversified Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Mortgage-Backed Securities—(Continued)

 

Security Description   Principal
Amount
    Value  

Commercial Mortgage-Backed Securities—(Continued)

  

Greenwich Capital Commercial Funding Corp.
5.475%, 03/10/39

  $ 85,000      $ 89,560   

5.736%, 12/10/49

    280,000        314,496   

GS Mortgage Securities Corp. II
3.249%, 11/08/29 (144A) (d)

    4,270,000        284,479   

3.550%, 12/10/27 (144A) (c)

    1,080,000        950,088   

3.633%, 06/05/31 (144A)

    130,000        129,876   

5.591%, 11/10/39

    230,000        249,202   

5.622%, 11/10/39

    420,000        401,542   

GS Mortgage Securities Trust
5.993%, 08/10/45 (c)

    777,972        859,951   

JPMBB Commercial Mortgage Securities Trust
1.203%, 08/15/46 (c) (d)

    9,180,000        490,212   

JPMorgan Chase Commercial Mortgage Securities Corp.
2.196%, 06/15/45 (c) (d)

    3,098,717        319,255   

5.447%, 06/12/47

    297,784        302,637   

5.630%, 12/12/44 (c)

    650,000        702,361   

5.951%, 06/15/43(144A)

    1,150,000        1,299,815   

6.078%, 02/12/51 (c)

    925,012        1,041,081   

6.125%, 02/12/51 (c)

    633,928        684,852   

JPMorgan Chase Commercial Mortgage Securities Trust
4.161%, 12/15/47 (c)

    245,000        228,012   

5.372%, 05/15/47

    195,000        208,663   

5.431%, 06/12/47 (c)

    1,418,876        1,568,169   

5.439%, 01/15/49

    989,598        1,099,328   

5.850%, 02/15/51 (c)

    1,301,833        1,472,524   

JPMorgan Chase Commercial Mortgage Series Trust
0.729%, 04/15/46 (c) (d)

    1,030,000        46,549   

1.732%, 04/15/46 (c) (d)

    3,532,816        353,617   

3.958%, 04/15/46

    280,000        250,948   

LB-UBS Commercial Mortgage Trust
5.205%, 04/15/30 (c)

    430,000        445,897   

5.866%, 09/15/45 (c)

    433,072        484,543   

Merrill Lynch Mortgage Trust
5.273%, 11/12/37 (c)

    1,000,000        1,050,270   

Merrill Lynch/Countrywide Commercial Mortgage Trust
5.700%, 09/12/49

    1,630,000        1,824,299   

Morgan Stanley Bank of America Merrill Lynch
1.894%, 02/15/46 (c) (d)

    2,980,694        306,719   

Morgan Stanley Capital I
5.760%, 04/12/49 (c)

    930,000        987,375   

Morgan Stanley Capital I Trust
2.861%, 03/15/45 (144A) (c) (d)

    5,806,496        745,821   

5.312%, 03/15/44

    1,402,089        1,547,299   

5.665%, 04/15/49 (c)

    530,259        582,628   

Morgan Stanley Capital I, Inc.
6.340%, 07/15/30 (144A)

    163,087        165,908   

Morgan Stanley Capital Trust
5.406%, 03/15/44

    360,000        385,496   

Morgan Stanley Re-REMIC Trust
0.010%, 07/17/56 (144A)

    837,239        816,308   

Commercial Mortgage-Backed Securities—(Continued)

  

Morgan Stanley Re-REMIC Trust
1.000%, 03/27/51 (144A)

  826,044      808,585   

2.000%, 07/27/49 (144A)

    703,460        708,321   

2.500%, 03/23/51 (144A)

    405,857        406,547   

Motel 6 Trust
2.743%, 10/05/25 (144A) (c)

    390,000        386,151   

RBSCF Trust
6.123%, 02/16/51 (144A) (c)

    2,261,964        2,456,445   

S2 Hospitality, LLC
4.500%, 04/15/25 (144A)

    59,369        59,369   

STRIPS 2012-1, Ltd.
1.500%, 12/25/44 (144A)

    1,051,228        1,035,460   

Wachovia Bank Commercial Mortgage Trust
5.924%, 02/15/51 (c)

    520,000        499,522   

Wells Fargo Re-REMIC Trust
1.750%, 08/20/21 (144A)

    656,650        654,476   

WF-RBS Commercial Mortgage Trust
0.873%, 08/15/46 (c) (d)

    5,465,504        240,575   

1.985%, 12/15/45 (144A) (c) (d)

    5,122,164        575,245   
   

 

 

 
      56,022,395   
   

 

 

 

Total Mortgage-Backed Securities
(Identified Cost $65,092,144)

      66,144,052   
   

 

 

 
Foreign Government—0.3%   

Sovereign – 0.3%

   

Brazilian Government International Bond
7.125%, 01/20/37

    230,000        270,250   

Mexico Government International Bond

   

4.000%, 10/02/23

    1,650,000        1,639,687   

6.750%, 09/27/34

    215,000        254,775   

Russian Foreign Bond
7.500%, 03/31/30

    893,750        1,053,267   

South Africa Government International Bond 4.665%, 01/17/24 (a)

    340,000        329,800   

5.500%, 03/09/20

    365,000        391,919   
   

 

 

 

Total Foreign Government
(Identified Cost $3,977,630)

      3,939,698   
   

 

 

 
Term Loans—0.1%   

Lodging—0.1%

  

Hilton Fort Lauderdale
7.402%, 02/22/16

    1,000,000        1,000,000   

Motel 6 Operating, L.P.
10.000%, 10/15/17

    897,744        924,676   
   

 

 

 

Total Term Loans
(Identified Cost $1,893,412)

      1,924,676   
   

 

 

 

 

MSF-45


Table of Contents

Metropolitan Series Fund

BlackRock Diversified Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Preferred Stock—0.1%

 

Security Description   Shares/
Principal/
Notional
Amount
    Value  

Diversified Financial Services—0.1%

  

Citigroup Capital XIII

    41,099      $ 1,128,990   
   

 

 

 

Thrifts & Mortgage Finance—0.0%

  

 

Federal Home Loan Mortgage Corp. (b)

    20,000        117,000   

Federal National Mortgage Association
(Series S) (b)

    20,000        116,800   
   

 

 

 
      233,800   
   

 

 

 

Total Preferred Stock
(Identified Cost $1,188,916)

      1,362,790   
   

 

 

 
Municipal Bonds & Notes—0.1%   

Municipal Agency—0.1%

  

New York City Municipal Water Finance Authority
5.375%, 06/15/43

  $ 530,000        562,230   

5.500%, 06/15/43

    630,000        675,133   
   

 

 

 

Total Municipal Bonds & Notes
(Identified Cost $1,143,598)

      1,237,363   
   

 

 

 
Options Purchased—0.0%   

Call Options—0.0%

  

AUD Currency, Strike Price USD 0.915,
Expires 10/01/13 (Counterparty-BNP Paribas S.A.) (AUD)

    4,370,000        75,269   

USD Currency, Strike Price JPY 100.00,
Expires 10/31/13 (Counterparty-JPMorgan Clearing)

    1,730,000        10,458   

USD Currency, Strike Price JPY 100.00,
Expires 10/31/13 (Counterparty-JPMorgan Clearing)

    645,000        3,899   

USD Currency, Strike Price JPY 105.00,
Expires 10/31/13 (Counterparty-BNP Paribas S.A.)

    4,750,000        1,501   

USD Currency, Strike Price JPY 110.00,
Expires 10/31/13 (Counterparty-JPMorgan Clearing)

    1,730,000        9   

USD Currency, Strike Price JPY 110.00,
Expires 10/31/13 (Counterparty-JPMorgan Clearing)

    645,000        3   
   

 

 

 
      91,139   
   

 

 

 

Put Options—0.0%

  

EUR Currency, Strike Price USD 1.24,
Expires 10/01/13 (Counterparty-Royal Bank of Scotland plc) (EUR)

    9,350,000        0   
   

 

 

 

Total Options Purchased
(Identified Cost $249,038)

      91,139   
   

 

 

 
Escrow Shares—0.0%   
Security Description       
Shares/
Principal
Amount
    Value  

Diversified Financial Services—0.0%

  

Lehman TBA Claim Receivable

    39,031      17,222   
   

 

 

 

Total Escrow Shares
(Identified Cost $0)

      17,222   
   

 

 

 
Short Term Investments — 3.6%   

Mutual Funds—2.3%

   

State Street Navigator Securities Lending
MET Portfolio (h)

    29,069,011        29,069,011   
   

 

 

 

Repurchase Agreement—1.3%

   

Fixed Income Clearing Corp. Repurchase Agreement dated 09/30/13 at 0.000% to be repurchased at $16,764,000 on 10/01/13, collateralized by $17,125,000 U.S. Treasury Note at 0.250% due 09/30/15 with a value of $17,103,594

  $ 16,764,000        16,764,000   
   

 

 

 

Total Short Term Investments
(Identified Cost $45,833,011)

      45,833,011   
   

 

 

 

Total Investments—111.3%
(Identified Cost $1,281,361,860) (i)

      1,436,665,571   

Other assets and liabilities (net)—(11.3)%

      (145,449,961
   

 

 

 
Net Assets—100.0%     $ 1,291,215,610   
   

 

 

 

 

(a) All or a portion of the security was on loan. As of September 30, 2013, the market value of securities loaned was $28,292,056 and the collateral received consisted of cash in the amount of $29,069,011. The cash collateral is invested in a money market fund managed by an affiliate of the custodian.
(b) Non-Income Producing.
(c) Variable or Floating Rate Security. Rate disclosed is as of September 30, 2013.
(d) Interest Only Certificate. This security receives monthly interest payments but is not entitled to principal payments. The principal amount shown reflects the notional amount of the security.
(e) All or a portion of the security was pledged as collateral against open futures contracts. As of September 30, 2013, the market value of securities pledged was $5,121,394.
(f) All or a portion of the security was pledged as collateral against open reverse repurchase agreements.
(g) Non-Income Producing; Defaulted Bond.
(h) Represents investment of cash collateral received from securities lending transactions.
(i) As of September 30, 2013, the aggregate cost of investments was $1,281,361,860. The aggregate unrealized appreciation and depreciation of investments was $177,935,201 and $(22,631,490), respectively, resulting in net unrealized appreciation of $155,303,711.
(144A)— Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of September 30, 2013, the market value of 144A securities was $98,457,612, which is 7.6% of net assets.

 

MSF-46


Table of Contents

Metropolitan Series Fund

BlackRock Diversified Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

 

(ACES)— Alternative Credit Enhancement Securities.
(ARM)— Adjustable-Rate Mortgage.
(CDO)— Collateralized Debt Obligation.
(CLO)— Collateralized Loan Obligation.
(REMIC)— Real Estate Mortgage Investment Conduit.
(TBA)— A contract for the purchase or sale of a Mortgage Backed Security to be delivered at a future date but does not include a specified pool or precise amount to be delivered.
(TIPS)— A Treasury Inflation Protected Security is a security with a fixed interest rate and the principal is adjusted for inflation. At maturity, the security will be redeemed at the greater of the inflation adjusted principal or principal amount at original issue.
(AUD)— Australian Dollar
(EUR)— Euro
(JPY)— Japanese Yen

Reverse Repurchase Agreements

 

Counterparty

   Interest
Rate
    Settlement
Date
     Maturity
Date
     Net Closing
Amount
     Par Value  

Bank of America

     0.110     09/30/13         10/01/13       $ 11,520,000       $ 11,520,000   

Bank of America

     (0.030 )%      09/30/13         10/01/13         12,553,450         12,553,450   

BNP Paribas S.A.

     0.100     09/30/13         10/01/13         5,241,544         5,241,544   

Credit Suisse

     0.050     09/30/13         10/01/13         19,911,371         19,911,371   

Deutsche Bank

     0.060     09/30/13         10/01/13         11,807,900         11,807,900   
          

 

 

    

 

 

 

Total

  

   $ 61,034,265       $ 61,034,265   
          

 

 

    

 

 

 

TBA Sale Commitments

 

Security Description

   Face
Amount
    Value  
Fannie Mae     

4.000% (15 Year TBA)

   $ (3,300,000   $ (3,501,094

3.500% (30 Year TBA)

     (2,400,000     (2,443,125

4.000% (30 Year TBA)

     (2,100,000     (2,202,703

4.500% (30 Year TBA)

     (200,000     (213,594

5.000% (30 Year TBA)

     (4,100,000     (4,445,938

6.000% (30 Year TBA)

     (200,000     (218,719
Ginnie Mae     

3.500% (30 Year TBA)

     (2,400,000     (2,467,125

4.000% (30 Year TBA)

     (2,400,000     (2,531,250

4.500% (30 Year TBA)

     (5,400,000     (5,820,188

5.000% (30 Year TBA)

     (100,000     (108,859
    

 

 

 

Total TBA Sale Commitments (Proceeds $23,435,843)

  

  $ (23,952,595
    

 

 

 

Forward Foreign Currency Exchange Contracts

 

Contracts to Buy

     Settlement Date     

Counterparty

   In Exchange
for
     Unrealized
Appreciation/
(Depreciation)
 
INR     62,568,000         12/18/13      

JPMorgan Chase

     USD        990,000       $ (10,849
INR     80,276,900         12/18/13      

Morgan Stanley Capital

     USD        1,265,000         (8,715
MXN     10,012,000         10/22/13      

BNP Paribas S.A.

     USD        761,415         2,190   
MXN     28,771,787         12/18/13      

Barclays Bank plc

     USD        2,210,000         (25,564
ZAR     22,106,325         12/18/13      

Credit Suisse

     USD        2,230,000         (53,192

Contracts to Deliver

                                 
EUR     768,517         10/24/13      

Barclays Bank plc

     USD        1,038,647         (1,098
JPY     109,125,601         12/18/13      

BNP Paribas S.A.

     USD        1,105,000         (5,737
MXN     5,910,000         10/22/13      

JP Morgan Chase

     USD        457,210         6,460   
MXN     4,637,000         10/22/13      

BNP Paribas S.A.

     USD        366,923         13,264   
TRY     4,524,302         12/18/13      

Bank of Amerca

     USD        2,230,000         20,889   
               

 

 

 
Net Unrealized Depreciation       $ (62,352
               

 

 

 

 

MSF-47


Table of Contents

Metropolitan Series Fund

BlackRock Diversified Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

 

Futures Contracts   

Futures Contracts—Long

   Expiration
Date
     Number of
Contracts
    Notional
Amount
    Unrealized
Appreciation/
(Depreciation)
 

U.S. Treasury Note 2 Year Futures

     12/31/13         1,049        USD        230,675,694      $ 382,948   

U.S. Treasury Note 5 Year Futures

     12/31/13         48        USD        5,792,543        17,707   

U.S. Treasury Bond 30 Year Futures

     12/29/13         115        USD        15,148,941        189,184   

Futures Contracts—Short

                               

U.S. Treasury Note 10 Year Futures

     12/19/13         (423     USD        (52,463,435     (999,799

U.S. Treasury Ultra Long Bond Futures

     12/19/13         (173     USD        (24,111,136     (471,082
           

 

 

 

Net Unrealized Depreciation

  

  $ (881,042
           

 

 

 

 

Options Written   

Options Written—Call

   Counterparty    Expiration
Date
     Contracts/
Notional
Amount
     Premiums
Received
    Market
Value
    Unrealized
Appreciation/
(Depreciation)
 

AUD Currency, Strike Price USD 0.915

   Goldman Sachs      10/01/13         USD   (4,370,000)         $(49,805     $(75,269   $ (25,464

USD Currency, Strike Price JPY 105.00

   JPMorgan Clearing      10/31/13         USD   (3,460,000)         (32,870     (1,093     31,777   

USD Currency, Strike Price JPY 105.00

   JPMorgan Clearing      10/31/13         USD   (1,290,000)         (17,060     (408     16,652   

USD Currency, Strike Price JPY 100.00

   BNP Paribas S.A.      10/31/13         USD   (2,375,000)         (17,718     (14,357     3,361   

USD Currency, Strike Price JPY 110.00

   BNP Paribas S.A.      10/31/13         USD   (2,375,000)         (24     (12     12   

Options Written—Put

                                     

EUR Currency, Strike Price USD 1.16

   Royal Bank of Scotland plc      10/01/13         EUR   (9,350,000)         (43,704     0        43,704   
           

 

 

   

 

 

   

 

 

 

Total Options Written

  

   $ (161,181   $ (91,139   $ 70,042   
           

 

 

   

 

 

   

 

 

 

 

Swap Agreements              

Centrally Cleared Interest Rate Swaps

             

Pay/Receive Floating Rate

   Floating Rate
Index
     Fixed
Rate
    Maturity
Date
     Notional

Amount
     Unrealized
Appreciation/
(Depreciation)
 

Pay

     3M LIBOR         3.715     09/03/43         USD     10,000,000       $ 105,209   

Pay

     3M LIBOR         3.943     08/29/19         USD     11,250,000         25,455   

Pay

     3M LIBOR         4.016     09/04/19         USD     45,000,000         128,480   

Receive

     3M LIBOR         0.480     09/23/15         USD   113,780,000         (54,637

Receive

     3M LIBOR         0.504     08/02/15         USD   112,570,000         (155,750

Receive

     3M LIBOR         1.165     03/02/16         USD     11,250,000         (33,899

Receive

     3M LIBOR         1.240     03/03/16         USD     45,000,000         (168,071
             

 

 

 

Net Unrealized Depreciation

  

   $ (153,213
             

 

 

 

Centrally Cleared Credit Default Swap Agreements—Buy Protection

  

Reference Obligation

   Fixed Deal
Pay Rate
    Maturity
Date
     Spread at
September 30,
2013
    Notional
Amount
     Unrealized
Depreciation
 

Markit CDX North America High Yield Index, Series 20, Version 1

     5.000     06/20/18         3.592     USD   4,715,000       $ (98,696
            

 

 

 

OTC Credit Default Swaps on Credit Indices—Sell Protection

  

Reference Obligation

  Counterparty   Fixed Deal
Receive Rate
    Maturity
Date
    Implied Credit
Spread at
September 30,
2013
    Notional
Amount
    Market
Value
    Upfront
Premium
Received
    Unrealized
Appreciation
 

Markit CMBX North America
AAA-Rated Index, AM Tranche, Version 2

  Deutsche Bank     0.500     03/15/49        N/A        USD   645,000      $ (38,023   $ (94,743   $ 56,720   

Markit CMBX North America
AAA-Rated Index, AM Tranche, Version 4

  Deutsche Bank     0.500     02/17/51        N/A        USD   285,000        (30,396     (43,288     12,892   
           

 

 

   

 

 

   

 

 

 

Totals

  

  $ (68,419   $ (138,031   $ 69,612   
           

 

 

   

 

 

   

 

 

 

 

MSF-48


Table of Contents

Metropolitan Series Fund

BlackRock Diversified Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

OTC Interest Rate Swaps   

Pay/Receive
Floating Rate

   Floating Rate
Index
   Counterparty    Fixed
Rate
    Maturity
Date
     Notional
Amount
     Market
Value
    Upfront
Premium
     Unrealized
Appreciation/
(Depreciation)
 

Pay

   6M EURIBOR    Bank of America      2.800     11/10/41         EUR   1,200,000       $ 62,530      $ 0       $ 62,530   

Receive

   3M LIBOR    JPMorgan Chase      1.758     06/25/22         USD   2,300,000         146,927        0         146,927   

Receive

   3M LIBOR    Bank of America      3.041     05/24/43         USD   7,865,000         904,796        0         904,796   

Receive

   3M LIBOR    Deutsche Bank      3.049     05/24/43         USD   3,680,000         418,473        0         418,473   

Receive

   6M EURIBOR    Deutsche Bank      2.783     11/10/41         EUR   1,200,000         (56,734     0         (56,734
                

 

 

   

 

 

    

 

 

 

Totals

  

   $ 1,475,992      $ 0       $ 1,475,992   
                

 

 

   

 

 

    

 

 

 

Securities in the amount of $2,385,730 have been received at the custodian bank as collateral for swap contracts.

 

(AUD)— Australian Dollar
(EUR)— Euro
(INR)— Indian Rupee
(JPY)— Japanese Yen
(MXN)— Mexican Peso
(TRY)— Turkish Lira
(USD)— U.S. Dollar
(ZAR)— African Rand

Fair Value Hierarchy

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive if it were to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. GAAP establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1      Level 2      Level 3      Total  

Total Common Stock*

   $ 830,056,897       $ —         $ —         $ 830,056,897   

Total U.S. Treasury & Government Agencies*

     —           299,000,361         —           299,000,361   

Total Corporate Bonds & Notes*

     —           101,128,099         —           101,128,099   

Total Asset-Backed Securities*

     —           85,930,263         —           85,930,263   

Total Mortgage-Backed Securities*

     —           66,144,052         —           66,144,052   

Total Foreign Government *

     —           3,939,698         —           3,939,698   

Total Term Loans*

     —           1,924,676         —           1,924,676   

Total Preferred Stock*

     1,362,790         —           —           1,362,790   

Total Municipal Bonds & Notes*

     —           1,237,363         —           1,237,363   

Total Options Purchased*

     —           91,139         —           91,139   

Total Escrow Shares*

     —           17,222         —           17,222   

 

MSF-49


Table of Contents

Metropolitan Series Fund

BlackRock Diversified Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Fair Value Hierarchy—(Continued)

 

Description    Level 1     Level 2     Level 3      Total  
Short Term Investments          

Mutual Funds

   $ 29,069,011      $ —        $ —         $ 29,069,011   

Repurchase Agreement

     —          16,764,000        —           16,764,000   

Total Short Term Investments

     29,069,011        16,764,000        —           45,833,011   

Total Investments

   $ 860,488,698      $ 576,176,873      $ —         $ 1,436,665,571   
                                   
Reverse Repurchase Agreements    $ —        $ (61,034,265   $ —         $ (61,034,265

TBA Sale Commitments

     —          (23,952,595     —           (23,952,595

Collateral for Securities Loaned (Liability)

     —          (29,069,011     —           (29,069,011
                                   

Total Liabilities

   $ —        $ (114,055,871   $ —         $ (114,055,871
                                   
Forward Foreign Currency Exchange Contracts          

Forward Foreign Currency Contracts (Unrealized Appreciation)

   $ —        $ 42,803      $ —         $ 42,803   

Forward Foreign Currency Contracts (Unrealized Depreciation)

     —          (105,155     —           (105,155

Total Forward Foreign Currency Contracts (Net Unrealized Depreciation)

     —          (62,352     —           (62,352
Futures Contracts          

Futures Contracts (Unrealized Appreciation)

     589,839        —          —           589,839   

Futures Contracts (Unrealized Depreciation)

     (1,470,881     —          —           (1,470,881

Total Futures Contracts (Net Unrealized Depreciation)

     (881,042     —          —           (881,042
Options Written          

Call Options Written

     —          (91,139     —           (91,139

Put Options Written

     —          0        —           0   

Total Options Written

     —          (91,139     —           (91,139
Centrally Cleared Swap Contracts          

Centrally Cleared Swap Contracts (Unrealized Appreciation)

     —          259,144        —           259,144   

Centrally Cleared Swap Contracts (Unrealized Depreciation)

     —          (511,053     —           (511,053

Total Centrally Cleared Swap Contracts (Net Unrealized Depreciation)

     —          (251,909     —           (251,909
OTC Swap Agreements          

Swap Contracts at value (Assets)

     —          1,532,726        —           1,532,726   

Swap Contracts at value (Liabilities)

     —          (125,153     —           (125,153

Total OTC Swap Agreements at value

     —          1,407,573        —           1,407,573   

 

* See Schedule of Investments for additional detailed categorizations.

 

MSF-50


Table of Contents

Metropolitan Series Fund

BlackRock Large Cap Value Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—97.9% of Net Assets

 

Security Description   Shares     Value  

Aerospace & Defense—2.4%

   

Boeing Co. (The)

    181,100      $ 21,279,250   

Raytheon Co.

    246,075        18,965,000   

Rockwell Collins, Inc.

    68,600        4,655,196   
   

 

 

 
      44,899,446   
   

 

 

 

Airlines—1.7%

   

United Continental Holdings, Inc. (a) (b)

    1,022,280        31,394,219   
   

 

 

 

Auto Components—1.7%

   

TRW Automotive Holdings Corp. (a)

    442,448        31,550,967   
   

 

 

 

Capital Markets—2.2%

   

Goldman Sachs Group, Inc. (The)

    255,252        40,383,419   
   

 

 

 

Chemicals—0.4%

   

Cabot Corp.

    153,339        6,549,109   
   

 

 

 

Commercial Banks—5.4%

   

Regions Financial Corp.

    817,700        7,571,902   

SunTrust Banks, Inc.

    836,100        27,106,362   

U.S. Bancorp

    1,573,250        57,549,485   

Wells Fargo & Co.

    221,000        9,131,720   
   

 

 

 
      101,359,469   
   

 

 

 

Commercial Services & Supplies—0.9%

  

Tyco International, Ltd.

    495,225        17,322,970   
   

 

 

 

Communications Equipment—2.8%

  

Brocade Communications Systems, Inc. (a)

    976,800        7,863,240   

Cisco Systems, Inc.

    1,882,600        44,090,492   
   

 

 

 
      51,953,732   
   

 

 

 

Computers & Peripherals—2.2%

  

Apple, Inc.

    19,400        9,248,950   

EMC Corp.

    965,400        24,675,624   

Western Digital Corp.

    107,385        6,808,209   
   

 

 

 
      40,732,783   
   

 

 

 

Construction & Engineering—0.9%

  

KBR, Inc. (b)

    486,300        15,872,832   
   

 

 

 

Consumer Finance—2.5%

  

Discover Financial Services

    940,850        47,550,559   
   

 

 

 

Containers & Packaging—1.0%

  

Packaging Corp. of America

    155,100        8,854,659   

Rock-Tenn Co. - Class A

    101,976        10,327,110   
   

 

 

 
      19,181,769   
   

 

 

 

Diversified Financial Services—12.3%

  

Bank of America Corp.

    5,113,776        70,570,109   

Berkshire Hathaway, Inc. - Class B (a)

    75,800        8,604,058   

Citigroup, Inc.

    1,376,551        66,776,489   

JPMorgan Chase & Co.

    1,490,137        77,025,181   

NASDAQ OMX Group, Inc. (The)

    266,575        8,554,392   
   

 

 

 
      231,530,229   
   

 

 

 

Diversified Telecommunication Services—0.6%

  

AT&T, Inc.

    358,000      12,107,560   
   

 

 

 

Electronic Equipment, Instruments & Components—1.1%

  

Avnet, Inc.

    360,600        15,040,626   

TE Connectivity, Ltd.

    117,100        6,063,438   
   

 

 

 
      21,104,064   
   

 

 

 

Energy Equipment & Services—0.6%

  

Halliburton Co.

    223,800        10,775,970   
   

 

 

 

Food & Staples Retailing—2.8%

  

CVS Caremark Corp.

    930,050        52,780,337   
   

 

 

 

Health Care Equipment & Supplies—2.7%

  

Abbott Laboratories

    626,200        20,783,578   

Medtronic, Inc.

    577,100        30,730,575   
   

 

 

 
      51,514,153   
   

 

 

 

Health Care Providers & Services—1.4%

  

Aetna, Inc.

    275,600        17,643,912   

Universal Health Services, Inc. - Class B

    102,900        7,716,471   
   

 

 

 
      25,360,383   
   

 

 

 

Household Products—0.6%

  

Procter & Gamble Co. (The)

    147,800        11,172,202   
   

 

 

 

Industrial Conglomerates—4.0%

  

3M Co.

    392,000        46,808,720   

General Electric Co.

    1,207,800        28,854,342   
   

 

 

 
      75,663,062   
   

 

 

 

Insurance—8.2%

  

Allied World Assurance Co. Holdings AG

    60,700        6,032,973   

American Financial Group, Inc.

    386,750        20,907,705   

American International Group, Inc.

    1,101,000        53,541,630   

Chubb Corp. (The)

    298,700        26,661,962   

HCC Insurance Holdings, Inc.

    193,550        8,481,361   

Travelers Cos., Inc. (The)

    453,800        38,468,626   
   

 

 

 
      154,094,257   
   

 

 

 

Internet Software & Services—0.4%

  

AOL, Inc. (a) (b)

    239,200        8,271,536   
   

 

 

 

IT Services—1.1%

  

DST Systems, Inc.

    155,200        11,703,632   

Total System Services, Inc.

    295,300        8,687,726   
   

 

 

 
      20,391,358   
   

 

 

 

Machinery—2.6%

  

Ingersoll-Rand plc

    561,900        36,489,786   

Oshkosh Corp. (a)

    246,875        12,091,937   
   

 

 

 
      48,581,723   
   

 

 

 

Media—3.7%

   

Comcast Corp. - Class A

    1,006,200        45,429,930   

 

MSF-51


Table of Contents

Metropolitan Series Fund

BlackRock Large Cap Value Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description  

Shares

    Value  

Media—(Continued)

   

Twenty-First Century Fox, Inc.

    692,946      $ 23,213,691   
   

 

 

 
      68,643,621   
   

 

 

 

Multiline Retail—1.1%

   

Dillard’s, Inc. - Class A (b)

    119,800        9,380,340   

Macy’s, Inc.

    265,400        11,483,858   
   

 

 

 
      20,864,198   
   

 

 

 

Oil, Gas & Consumable Fuels—12.9%

  

Chevron Corp.

    673,775        81,863,663   

Exxon Mobil Corp.

    766,925        65,986,227   

Marathon Petroleum Corp.

    484,826        31,184,008   

PBF Energy, Inc. (b)

    475,970        10,685,527   

Suncor Energy, Inc.

    1,164,900        41,680,122   

Tesoro Corp.

    221,476        9,740,514   
   

 

 

 
      241,140,061   
   

 

 

 

Paper & Forest Products—2.5%

  

Domtar Corp.

    295,000        23,428,900   

International Paper Co.

    538,600        24,129,280   
   

 

 

 
      47,558,180   
   

 

 

 

Pharmaceuticals—9.2%

   

AbbVie, Inc.

    282,000        12,613,860   

Eli Lilly & Co.

    375,425        18,895,140   

Johnson & Johnson

    128,675        11,154,836   

Merck & Co., Inc.

    1,258,165        59,901,236   

Pfizer, Inc.

    2,464,575        70,757,948   
   

 

 

 
      173,323,020   
   

 

 

 

Semiconductors & Semiconductor Equipment—1.9%

  

Applied Materials, Inc.

    1,576,790        27,656,897   

Teradyne, Inc. (a) (b)

    457,900        7,564,508   
   

 

 

 
      35,221,405   
   

 

 

 

Software—1.9%

   

Activision Blizzard, Inc.

    374,900        6,249,583   

Oracle Corp.

    599,100        19,872,147   

Symantec Corp.

    407,600        10,088,100   
   

 

 

 
      36,209,830   
   

 

 

 

Specialty Retail—2.2%

   

Lowe’s Cos., Inc.

    879,700        41,882,517   
   

 

 

 

Total Common Stocks
(Cost $1,512,820,781)

      1,836,940,940   
   

 

 

 
Short-Term Investments—4.4%   
Security Description   Shares/Principal
Amount*
    Value  

Mutual Fund—2.7%

   

State Street Navigator Securities Lending MET Portfolio (c)

    50,046,518      50,046,518   
   

 

 

 

Repurchase Agreement—1.7%

  

Fixed Income Clearing Corp. Repurchase Agreement dated 09/30/13 at 0.000% to be repurchased at $33,002,000 on 10/01/13, collateralized by $33,575,000 U.S. Treasury Note at 0.875% due 04/30/17 with a value of $33,663,034.

    33,002,000        33,002,000   
   

 

 

 

Total Short-Term Investments
(Cost $83,048,518)

      83,048,518   
   

 

 

 

Total Investments—102.3%
(Cost $1,595,869,299) (d)

      1,919,989,458   

Other assets and liabilities (net)—(2.3)%

      (43,096,401
   

 

 

 
Net Assets—100.0%     $ 1,876,893,057   
   

 

 

 

 

* Principal amount stated in U.S. dollars unless otherwise noted.
(a) Non-income producing security.
(b) All or a portion of the security was held on loan. As of September 30, 2013, the market value of securities loaned was $48,414,190 and the collateral received consisted of cash in the amount of $50,046,518 and non-cash collateral with a value of $2,508. The cash collateral is invested in a money market fund managed by an affiliate of the custodian. The non-cash collateral received consists primarily of government securities and bank letters of credit, and is held for the benefit of the Portfolio at the Portfolio’s custodian. The Portfolio cannot repledge or resell this collateral.
(c) Represents investment of cash collateral received from securities lending transactions.
(d) As of September 30, 2013, the aggregate cost of investments was $1,595,869,299. The aggregate unrealized appreciation and depreciation of investments were $342,791,514 and $(18,671,355), respectively, resulting in net unrealized appreciation of $324,120,159.

 

MSF-52


Table of Contents

Metropolitan Series Fund

BlackRock Large Cap Value Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

Fair Value Hierarchy

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to the Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1      Level 2     Level 3      Total  

Total Common Stocks*

   $ 1,836,940,940       $ —        $ —         $ 1,836,940,940   
Short-Term Investments           

Mutual Fund

     50,046,518         —          —           50,046,518   

Repurchase Agreement

     —           33,002,000        —           33,002,000   

Total Short-Term Investments

     50,046,518         33,002,000        —           83,048,518   

Total Investments

   $ 1,886,987,458       $ 33,002,000      $ —         $ 1,919,989,458   
                                    

Collateral for securities loaned (Liability)

   $ —         $ (50,046,518   $ —         $ (50,046,518

 

* See Schedule of Investments for additional detailed categorizations.

 

MSF-53


Table of Contents

Metropolitan Series Fund

BlackRock Money Market Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Certificate of Deposit—45.8% of Net Assets

 

Security Description   Principal
Amount
    Value  

Commercial Banks—42.5%

   

Bank of Montreal
0.183%, 11/08/13

  $ 10,000,000      $ 10,000,000   

0.183%, 11/19/13

    7,000,000        7,000,000   

0.334%, 01/10/14 (b)

    10,000,000        10,000,000   

0.256%, 09/05/14 (b)

    10,000,000        10,000,000   

Bank of Nova Scotia
0.243%, 11/26/13 (b)

    9,000,000        9,000,000   

0.246%, 12/16/13 (b)

    15,000,000        15,000,000   

0.329%, 01/02/14 (b)

    19,000,000        19,000,000   

0.274%, 08/08/14

    5,000,000        5,000,000   

Bank of Tokyo Mitsubishi UFJ, Ltd.
0.101%, 10/04/13

    25,000,000        25,000,000   

0.112%, 10/07/13

    26,500,000        26,500,000   

0.223%, 10/18/13

    10,000,000        10,000,000   

BNP Paribas S.A.
0.346%, 02/03/14 (b)

    8,000,000        8,000,000   

Canadian Imperial Bank of Commerce
0.274%, 02/04/14 (b)

    8,000,000        8,000,000   

0.274%, 03/03/14 (b)

    8,000,000        8,000,000   

Commonwealth Bank of Australia
0.321%, 11/01/13 (b)

    16,500,000        16,500,000   

0.223%, 02/24/14 (b)

    5,000,000        5,000,000   

Credit Suisse
0.294%, 10/10/13

    14,000,000        14,000,000   

0.264%, 03/18/14

    8,000,000        8,000,000   

Deutsche Bank AG
0.284%, 02/26/14 (b)

    10,000,000        10,000,000   

DnB Bank ASA
0.274%, 10/03/13

    10,000,000        10,000,000   

Mitsubishi UFJ Trust & Banking Corp.
0.284%, 02/20/14

    8,000,000        8,000,000   

Mizuho Corporate Bank
0.091%, 10/07/13

    20,000,000        20,000,000   

0.213%, 11/14/13

    12,000,000        12,000,000   

National Australia Bank, Ltd.
0.283%, 10/21/13 (b)

    14,000,000        14,000,000   

0.253%, 03/07/14

    10,000,000        10,000,000   

0.268%, 08/13/14 (b)

    5,000,000        5,000,000   

Nederlandse Waterschapbank NV
0.256%, 02/18/14 (b)

    6,000,000        6,000,000   

Nordea Bank Finland plc
0.259%, 01/30/14

    5,000,000        4,999,916   

0.253%, 02/03/14

    5,000,000        5,000,000   

Norinchukin Bank
0.112%, 10/02/13

    37,500,000        37,500,000   

Rabobank Nederland
0.411%, 01/08/14

    14,000,000        14,000,000   

0.395%, 01/17/14

    15,000,000        15,000,000   

0.293%, 09/16/14 (b)

    29,000,000        29,000,000   

Royal Bank of Canada
0.233%, 01/15/14 (b)

    7,000,000        7,000,000   

0.263%, 03/27/14 (b)

    6,000,000        6,000,000   

Skandinaviska Enskilda Banken
0.238%, 10/07/13

    12,000,000        11,999,990   

Societe Generale N.A., Inc.
0.294%, 10/31/13

    10,000,000        10,000,000   

0.355%, 09/19/14 (b)

    8,000,000        8,000,000   

Commercial Banks—(Continued)

  

Sumitomo Mitsui Banking Corp.
0.101%, 10/07/13

  $ 10,000,000      $ 10,000,000   

0.243%, 11/18/13

    10,000,000        10,000,000   

0.223%, 12/09/13

    10,500,000        10,500,000   

0.233%, 02/10/14

    20,000,000        20,000,000   

Sumitomo Mitsui Trust Bank, Ltd.
0.223%, 12/11/13

    10,000,000        10,000,000   

Svenska Handelsbanken
0.253%, 01/17/14

    8,000,000        8,000,120   

TD Bank Financial Group
0.270%, 10/21/13 (b)

    10,000,000        10,000,000   

0.117%, 11/01/13

    10,000,000        10,000,000   

0.233%, 12/20/13 (b)

    12,000,000        12,000,000   

0.183%, 02/19/14 (b)

    10,000,000        10,000,000   

0.253%, 07/24/14 (b)

    8,000,000        8,000,000   

Wells Fargo Bank N.A.
0.104%, 10/09/13 (b)

    8,000,000        8,000,123   

0.223%, 02/10/14

    10,000,000        10,000,000   

0.183%, 03/12/14

    10,000,000        10,000,000   

Westpac Banking Corp.
0.360%, 11/01/13 (b)

    18,530,000        18,529,193   

0.284%, 04/15/14 (b)

    14,500,000        14,500,000   

0.263%, 08/28/14 (b)

    7,000,000        7,000,000   
   

 

 

 
      644,029,342   
   

 

 

 

Diversified Financial Services—3.3%

  

Natixis
0.091%, 10/04/13

    40,000,000        40,000,000   

0.316%, 09/08/14 (b)

    10,000,000        9,999,068   
   

 

 

 
      49,999,068   
   

 

 

 

Total Certificate of Deposit
(Identified Cost $694,028,410)

      694,028,410   
   

 

 

 
Commercial Paper (a)—43.3%   

Asset Backed—20.0%

   

Alpine Securitization Corp.
0.294%, 10/18/13

    7,000,000        6,999,041   

Antalis U.S. Funding Corp.
0.183%, 11/01/13

    10,000,000        9,998,450   

Aspen Funding Corp.
0.233%, 12/02/13

    10,000,000        9,996,039   

Bedford Row Funding Corp.
0.304%, 03/17/14

    10,000,000        9,986,083   

0.304%, 03/19/14

    7,000,000        6,990,142   

Fairway Finance Co., LLC
0.152%, 11/14/13

    15,000,000        14,997,250   

0.152%, 11/26/13

    9,000,000        8,997,900   

Kells Funding, LLC
0.294%, 10/04/13

    6,000,000        5,999,855   

0.264%, 10/15/13

    15,000,000        14,998,483   

0.246%, 11/01/13 (b)

    10,000,000        10,000,000   

0.236%, 11/19/13 (b)

    9,000,000        9,000,000   

 

MSF-54


Table of Contents

Metropolitan Series Fund

BlackRock Money Market Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Commercial Paper—(Continued)

 

Security Description   Principal
Amount
    Value  

Asset Backed—(Continued)

   

Liberty Funding, LLC
0.183%, 10/16/13

  $ 5,000,000      $ 4,999,625   

Nieuw Amsterdam Receivables Corp.
0.223%, 10/03/13

    20,000,000        19,999,756   

Old Line Funding, LLC
0.243%, 12/09/13

    5,000,000        4,997,700   

0.243%, 03/17/14

    10,000,000        9,988,867   

Regency Markets No. 1, LLC
0.152%, 10/15/13

    15,000,000        14,999,125   

0.152%, 10/21/13

    5,000,000        4,999,583   

0.152%, 10/25/13

    10,000,000        9,999,000   

Scaldis Capital, LLC
0.061%, 10/01/13

    45,000,000        45,000,000   

Starbird Funding Corp.

   

0.051%, 10/01/13

    15,790,000        15,790,000   

0.233%, 11/21/13

    11,000,000        10,996,416   

0.203%, 12/09/13

    7,900,000        7,896,972   

Thunder Bay Funding, LLC
0.243%, 11/21/13

    8,000,000        7,997,280   

0.243%, 12/06/13

    22,531,000        22,521,086   

Victory Receivables Corp.
0.172%, 10/28/13

    15,000,000        14,998,087   
   

 

 

 
      303,146,740   
   

 

 

 

Commercial Banks—18.8%

   

Australia & New Zealand Banking Group, Ltd. 0.342%, 01/17/14 (b)

    10,000,000        10,000,000   

0.293%, 02/25/14 (b)

    10,000,000        10,000,000   

Canadian Imperial Bank of Commerce
0.258%, 06/13/14 (b)

    2,900,000        2,900,000   

Commonwealth Bank of Australia

   

0.230%, 03/03/14 (b)

    6,000,000        5,999,873   

0.235%, 03/28/14 (b)

    7,000,000        7,002,147   

0.268%, 05/02/14 (b)

    8,000,000        8,000,000   

0.268%, 05/15/14 (b)

    10,000,000        10,000,000   

DnB Bank ASA

   

0.264%, 01/22/14

    10,000,000        9,991,839   

0.264%, 01/27/14

    10,000,000        9,991,478   

0.233%, 01/28/14

    10,000,000        9,992,397   

0.259%, 02/06/14

    7,000,000        6,993,653   

Erste Abwicklungsanstalt

   

0.248%, 10/23/13

    10,000,000        9,998,503   

0.253%, 12/02/13

    6,000,000        5,997,417   

0.213%, 03/10/14

    7,000,000        6,993,467   

HSBC Bank plc

   

0.286%, 09/09/14 (b)

    6,000,000        6,000,000   

0.285%, 09/11/14 (b)

    7,000,000        7,000,000   

Mizuho Funding, LLC
0.218%, 11/25/13

    10,000,000        9,996,715   

Nederlandse Waterschapsbank NV

   

0.288%, 07/28/14 (b)

    2,000,000        2,000,333   

0.290%, 07/30/14 (b)

    2,000,000        2,000,335   

Nordea Bank AB

   

0.233%, 11/15/13

    22,000,000        21,993,675   

0.243%, 11/18/13

    5,000,000        4,998,400   

Commercial Banks—(Continued)

   

Nordea Bank AB

   

0.253%, 01/09/14

  10,250,000      10,242,882   

0.259%, 01/10/14

    4,000,000        3,997,138   

Societe Generale N.A., Inc.
0.010%, 10/01/13

    48,000,000        48,000,000   

Sumitomo Mitsui Banking Corp.
0.122%, 10/02/13

    6,415,000        6,414,979   

Svenska Handelsbanken AB
0.276%, 11/15/13 (b)

    11,100,000        11,100,000   

Svenska Handelsbanken, Inc.
0.208%, 11/08/13

    20,000,000        19,995,672   

0.253%, 02/04/14

    7,000,000        6,993,875   

Westpac Banking Corp.
0.276%, 10/08/13 (b)

    10,000,000        10,000,000   
   

 

 

 
      284,594,778   
   

 

 

 

Diversified Financial Services—4.5%

  

BNP Paribas Finance, Inc.
0.314%, 03/18/14

    6,000,000        5,991,320   

BNZ International Funding, Ltd.
0.243%, 02/21/14

    8,000,000        7,992,373   

Collateralized Commercial Paper Co., LLC
0.304%, 03/11/14

    21,000,000        20,971,826   

Fortis Funding, LLC

   

0.081%, 10/03/13

    13,000,000        12,999,942   

0.061%, 10/04/13

    10,000,000        9,999,950   

ING U.S. Funding, LLC
0.294%, 02/07/14

    10,000,000        9,989,608   
   

 

 

 
      67,945,019   
   

 

 

 

Total Commercial Paper
(Identified Cost $655,686,537)

      655,686,537   
   

 

 

 
U.S. Treasury & Government Agencies—8.8%   

Federal Agencies—1.0%

   

Federal National Mortgage Association 0.176%, 02/27/15 (b)

    15,000,000        14,994,689   
   

 

 

 
      14,994,689   
   

 

 

 

U.S. Treasury—7.8%

   

U.S. Treasury Bills

   

0.081%, 10/10/13

    15,000,000        14,999,702   

0.091%, 12/19/13

    15,000,000        14,997,038   

0.092%, 12/26/13

    25,000,000        24,994,565   

0.041%, 03/27/14

    3,791,000        3,790,245   

U.S. Treasury Notes

   

0.137%, 12/31/13

    10,000,000        10,033,669   

0.159%, 01/31/14

    19,286,000        19,388,698   

0.177%, 02/28/14

    10,000,000        10,070,418   

0.115%, 03/31/14

    10,000,000        10,006,721   

0.119%, 05/15/14

    10,000,000        10,284,345   
   

 

 

 
      118,565,401   
   

 

 

 

Total U.S. Treasury & Government Agencies
(Identified Cost $133,560,090)

      133,560,090   
   

 

 

 

 

MSF-55


Table of Contents

Metropolitan Series Fund

BlackRock Money Market Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Repurchase Agreement—1.9%

 

Security Description   Principal
Amount
    Value  

Tri-Party Repurchase Agreement—1.9%

  

Deutsche Bank Repurchase Agreement dated 09/30/13 at 0.100% to be repurchased at $27,767,077 on 10/01/13, collateralized by $49,024,000 U.S. Government Agency obligations with rates ranging from 0.000% to 7.125%, and maturity dates ranging from 10/15/23 to 12/06/32 with a total value of $28,229,974.

  $ 27,767,000      $ 27,767,000   
   

 

 

 

Total Repurchase Agreement
(Identified Cost $27,767,000)

      27,767,000   
   

 

 

 

Total Investments—99.8%
(Identified Cost $1,511,042,037) (c)

      1,511,042,037   

Other assets and liabilities (net)—0.2%

      3,502,870   
   

 

 

 
Net Assets—100.0%     $ 1,514,544,907   
   

 

 

 

 

(a) Rate shown reflects discount rate at the time of purchase unless otherwise noted.
(b) Variable or Floating Rate Security. Rate disclosed is as of September 30, 2013.
(c) As of September 30, 2013, the aggregate cost of investments was $1,511,042,037.

Fair Value Hierarchy

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive if it were to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. GAAP establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1      Level 2      Level 3      Total  

Total Certificate of Deposit*

   $ —         $ 694,028,410       $ —         $ 694,028,410   

Total Commercial Paper*

     —           655,686,537         —           655,686,537   

Total U.S. Treasury & Government Agencies*

     —           133,560,090         —           133,560,090   

Total Repurchase Agreement*

     —           27,767,000         —           27,767,000   

Total Investments

   $ —         $ 1,511,042,037       $ —         $ 1,511,042,037   
                                     

 

* See Schedule of Investments for additional detailed categorizations.

 

MSF-56


Table of Contents

Metropolitan Series Fund

Davis Venture Value Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—95.1% of Net Assets

 

Security Description   Shares     Value  

Aerospace & Defense—0.3%

   

Textron, Inc. (a)

    445,690      $ 12,305,501   
   

 

 

 

Automobiles—0.4%

   

Harley-Davidson, Inc. (a)

    245,872        15,794,817   
   

 

 

 

Beverages—3.0%

   

Coca-Cola Co. (The)

    1,344,436        50,927,236   

Diageo plc (ADR)

    264,362        33,595,123   

Heineken Holding NV

    528,451        33,434,783   
   

 

 

 
      117,957,142   
   

 

 

 

Capital Markets—9.5%

   

Ameriprise Financial, Inc.

    204,016        18,581,777   

Bank of New York Mellon Corp. (The)

    7,812,673        235,864,598   

Charles Schwab Corp. (The) (a)

    2,031,394        42,943,669   

Goldman Sachs Group, Inc. (The)

    50,033        7,915,721   

Julius Baer Group, Ltd. (a) (b)

    1,430,768        66,789,798   
   

 

 

 
      372,095,563   
   

 

 

 

Chemicals—4.6%

   

Air Products & Chemicals, Inc. (a)

    638,413        68,035,673   

Ecolab, Inc. (a)

    534,473        52,784,554   

Monsanto Co.

    249,314        26,020,902   

Praxair, Inc. (a)

    268,941        32,329,398   
   

 

 

 
      179,170,527   
   

 

 

 

Commercial Banks—6.6%

   

Wells Fargo & Co.

    6,193,147        255,900,834   
   

 

 

 

Commercial Services & Supplies—0.6%

  

 

Iron Mountain, Inc.

    912,776        24,663,208   
   

 

 

 

Computers & Peripherals—0.3%

   

Hewlett-Packard Co.

    577,419        12,114,251   
   

 

 

 

Construction Materials—0.6%

   

Lafarge S.A.

    185,040        12,888,393   

Martin Marietta Materials, Inc. (a)

    103,749        10,185,040   
   

 

 

 
      23,073,433   
   

 

 

 

Consumer Finance—7.3%

   

American Express Co.

    3,767,710        284,537,459   
   

 

 

 

Diversified Financial Services—6.0%

   

Berkshire Hathaway, Inc. - Class A (a) (b)

    1,144        194,949,040   

JPMorgan Chase & Co.

    770,845        39,844,978   
   

 

 

 
      234,794,018   
   

 

 

 

Energy Equipment & Services—0.7%

   

Schlumberger, Ltd.

    304,053        26,866,123   
   

 

 

 

Food & Staples Retailing—8.3%

   

Costco Wholesale Corp.

    1,068,694        123,028,054   

CVS Caremark Corp.

    3,511,867        199,298,452   
   

 

 

 
      322,326,506   
   

 

 

 

Food Products—0.2%

   

Nestle S.A.

    117,524      8,231,631   
   

 

 

 

Forest Products & Paper—0.0%

   

Emerald Plantation Holdings, Ltd. (b) (c)

    889,544        88,954   
   

 

 

 

Health Care Providers & Services—6.9%

  

Express Scripts Holding Co. (b)

    1,406,856        86,915,564   

Laboratory Corp. of America Holdings (a) (b)

    703,976        69,792,180   

UnitedHealth Group, Inc.

    1,540,877        110,342,202   
   

 

 

 
      267,049,946   
   

 

 

 

Household Durables—0.1%

   

Hunter Douglas NV

    125,130        5,345,013   
   

 

 

 

Insurance—8.1%

   

ACE, Ltd. (a)

    388,384        36,337,207   

Alleghany Corp. (a) (b)

    149,143        61,096,430   

Everest Re Group, Ltd. (a)

    120,205        17,479,009   

Fairfax Financial Holdings, Ltd.

    56,809        23,152,406   

Fairfax Financial Holdings, Ltd., (144A)

    17,000        6,874,928   

Loews Corp.

    1,626,474        76,021,395   

Markel Corp. (a) (b)

    13,511        6,995,591   

Progressive Corp. (The) (a)

    3,268,623        89,004,604   
   

 

 

 
      316,961,570   
   

 

 

 

Internet & Catalog Retail—2.2%

   

Liberty Interactive Corp. - Class A (b)

    1,078,576        25,314,179   

Liberty Ventures - Series A (b)

    67,227        5,927,404   

Netflix, Inc. (b)

    51,927        16,056,348   

priceline.com, Inc. (b)

    39,420        39,851,649   
   

 

 

 
      87,149,580   
   

 

 

 

Internet Software & Services—5.1%

   

Google, Inc. - Class A (b)

    228,186        199,870,399   
   

 

 

 

IT Services—0.9%

   

Visa, Inc. - Class A (a)

    172,505        32,965,705   
   

 

 

 

Life Sciences Tools & Services—0.4%

  

 

Agilent Technologies, Inc.

    322,916        16,549,445   
   

 

 

 

Machinery—1.2%

   

PACCAR, Inc. (a)

    802,957        44,692,587   
   

 

 

 

Marine—1.2%

   

Kuehne & Nagel International AG (a)

    343,431        44,987,140   
   

 

 

 

Media—2.5%

   

Grupo Televisa S.A.B. (ADR)

    213,206        5,959,108   

Liberty Global plc - Series C (b)

    867,660        65,447,594   

Walt Disney Co. (The) (a)

    418,360        26,980,036   
   

 

 

 
      98,386,738   
   

 

 

 

Oil, Gas & Consumable Fuels—5.1%

  

 

Canadian Natural Resources, Ltd. (a)

    3,312,651        104,149,747   

EOG Resources, Inc.

    246,802        41,778,643   

 

MSF-57


Table of Contents

Metropolitan Series Fund

Davis Venture Value Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares/Principal
Amount*
    Value  

Oil, Gas & Consumable Fuels—(Continued)

  

 

Occidental Petroleum Corp.

    569,818      $ 53,300,776   
   

 

 

 
      199,229,166   
   

 

 

 

Professional Services—0.2%

   

Experian plc

    324,280        6,176,615   
   

 

 

 

Real Estate Management & Development—1.5%

  

 

Brookfield Asset Management, Inc. - Class A (a)

    665,188        24,878,031   

Brookfield Property Partners L.P. (b)

    38,674        749,502   

Hang Lung Group, Ltd.

    6,072,524        32,160,128   
   

 

 

 
      57,787,661   
   

 

 

 

Semiconductors & Semiconductor Equipment—1.2%

  

Texas Instruments, Inc.

    1,168,652        47,061,616   
   

 

 

 

Software—2.6%

   

Activision Blizzard, Inc.

    1,928,628        32,150,229   

Microsoft Corp.

    1,060,984        35,341,377   

Oracle Corp.

    1,043,039        34,597,603   
   

 

 

 
      102,089,209   
   

 

 

 

Specialty Retail—5.3%

   

Bed Bath & Beyond, Inc. (a) (b)

    2,030,376        157,069,887   

CarMax, Inc. (a) (b)

    1,056,637        51,215,196   
   

 

 

 
      208,285,083   
   

 

 

 

Textiles, Apparel & Luxury Goods—0.3%

  

 

Cie Financiere Richemont S.A.

    98,746        9,868,379   
   

 

 

 

Tobacco—0.7%

   

Philip Morris International, Inc.

    296,719        25,692,898   
   

 

 

 

Transportation Infrastructure—1.2%

  

 

China Merchants Holdings International Co., Ltd.

    11,171,438        40,583,196   

Wesco Aircraft Holdings, Inc. (a) (b)

    262,620        5,496,637   
   

 

 

 
      46,079,833   
   

 

 

 

Total Common Stocks
(Cost $2,574,845,980)

      3,706,148,550   
   

 

 

 
Corporate Bonds & Notes—0.0%   

Forest Products & Paper—0.0%

   

Emerald Plantation Holdings, Ltd.
6.000%, 01/30/20 (c) (d)
(Cost $5,816,659)

    993,939        397,728   
   

 

 

 
Convertible Bond—0.0%   

Forest Products & Paper—0.0%

   

Sino-Forest Corp.
5.000%, 08/01/13 (c)
(Cost $0)

    5,844,000      $ 0   
   

 

 

 
Short-Term Investments—12.5%   
Security Description  

Shares

    Value  

Mutual Fund—7.7%

   

State Street Navigator Securities Lending MET Portfolio (e)

    301,764,121      $ 301,764,121   
   

 

 

 

Commercial Paper—4.8%

   

Bank of Tokyo-Mitsubishi UFJ, Ltd.

   

0.100%, 10/04/13 (f)

    26,401,000        26,400,780   

0.100%, 10/07/13 (f)

    26,400,000        26,399,560   

0.110%, 10/03/13 (f)

    50,000,000        49,999,694   

0.110%, 10/07/13 (f)

    42,000,000        41,999,230   

0.120%, 10/01/13 (f)

    41,599,000        41,599,000   
   

 

 

 
      186,398,264   
   

 

 

 

Total Short-Term Investments
(Cost $488,162,385)

      488,162,385   
   

 

 

 

Total Investments—107.6%
(Cost $3,068,825,024) (g)

      4,194,708,663   

Other assets and liabilities
(net)—(7.6)%

      (296,392,720
   

 

 

 
Net Assets—100.0%     $ 3,898,315,943   
   

 

 

 

 

* Principal amount stated in U.S. dollars unless otherwise noted.
(a) All or a portion of the security was held on loan. As of September 30, 2013, the market value of securities loaned was $293,943,918 and the collateral received consisted of cash in the amount of $301,764,121. The cash collateral is invested in a money market fund managed by an affiliate of the custodian.
(b) Non-income producing security.
(c) Illiquid security. As of September 30, 2013, these securities represent 0.0% of net assets.
(d) Payment-in-kind security for which part of the income earned may be paid as additional principal.
(e) Represents investment of cash collateral received from securities lending transactions.
(f) The rate shown represents the discount rate at the time of purchase by the Portfolio.
(g) As of September 30, 2013, the aggregate cost of investments was $3,068,825,024. The aggregate unrealized appreciation and depreciation of investments were $1,163,892,226 and $(38,008,587), respectively, resulting in net unrealized appreciation of $1,125,883,639.
(144A)— Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of September 30, 2013, the market value of 144A securities was $6,874,928, which is 0.2% of net assets.
(ADR)— An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. Trading on exchanges not located in the United States or Canada significantly influences the value of ADRs.

 

 

MSF-58


Table of Contents

Metropolitan Series Fund

Davis Venture Value Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

Fair Value Hierarchy

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to the Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1      Level 2      Level 3      Total  
Common Stocks            

Aerospace & Defense

   $ 12,305,501       $ —         $ —         $ 12,305,501   

Automobiles

     15,794,817         —           —           15,794,817   

Beverages

     84,522,359         33,434,783         —           117,957,142   

Capital Markets

     305,305,765         66,789,798         —           372,095,563   

Chemicals

     179,170,527         —           —           179,170,527   

Commercial Banks

     255,900,834         —           —           255,900,834   

Commercial Services & Supplies

     24,663,208         —           —           24,663,208   

Computers & Peripherals

     12,114,251         —           —           12,114,251   

Construction Materials

     10,185,040         12,888,393         —           23,073,433   

Consumer Finance

     284,537,459         —           —           284,537,459   

Diversified Financial Services

     234,794,018         —           —           234,794,018   

Energy Equipment & Services

     26,866,123         —           —           26,866,123   

Food & Staples Retailing

     322,326,506         —           —           322,326,506   

Food Products

     —           8,231,631         —           8,231,631   

Forest Products & Paper

     88,954         —           —           88,954   

Health Care Providers & Services

     267,049,946         —           —           267,049,946   

Household Durables

     —           5,345,013         —           5,345,013   

Insurance

     316,961,570         —           —           316,961,570   

Internet & Catalog Retail

     87,149,580         —           —           87,149,580   

Internet Software & Services

     199,870,399         —           —           199,870,399   

IT Services

     32,965,705         —           —           32,965,705   

Life Sciences Tools & Services

     16,549,445         —           —           16,549,445   

Machinery

     44,692,587         —           —           44,692,587   

Marine

     —           44,987,140         —           44,987,140   

Media

     98,386,738         —           —           98,386,738   

Oil, Gas & Consumable Fuels

     199,229,166         —           —           199,229,166   

Professional Services

     —           6,176,615         —           6,176,615   

Real Estate Management & Development

     25,627,533         32,160,128         —           57,787,661   

Semiconductors & Semiconductor Equipment

     47,061,616         —           —           47,061,616   

Software

     102,089,209         —           —           102,089,209   

Specialty Retail

     208,285,083         —           —           208,285,083   

Textiles, Apparel & Luxury Goods

     —           9,868,379         —           9,868,379   

Tobacco

     25,692,898         —           —           25,692,898   

Transportation Infrastructure

     5,496,637         40,583,196         —           46,079,833   

Total Common Stocks

     3,445,683,474         260,465,076         —           3,706,148,550   

Total Corporate Bonds & Notes*

     —           397,728         —           397,728   

Total Convertible Bond*

     —           —           —           —     

 

MSF-59


Table of Contents

Metropolitan Series Fund

Davis Venture Value Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Fair Value Hierarchy—(Continued)

 

Description    Level 1      Level 2     Level 3      Total  
Short-Term Investments           

Mutual Fund

   $ 301,764,121       $ —        $ —         $ 301,764,121   

Commercial Paper

     —           186,398,264        —           186,398,264   

Total Short-Term Investments

     301,764,121         186,398,264        —           488,162,385   

Total Investments

   $ 3,747,447,595       $ 447,261,068      $ —         $ 4,194,708,663   
                                    

Collateral for securities loaned (Liability)

   $ —         $ (301,764,121   $ —         $ (301,764,121

 

* See Schedule of Investments for additional detailed categorizations.

 

MSF-60


Table of Contents

Metropolitan Series Fund

Frontier Mid Cap Growth Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—99.3% of Net Assets

 

Security Description   Shares     Value  

Aerospace & Defense—3.6%

   

BE Aerospace, Inc. (a)

    595,890      $ 43,988,600   
   

 

 

 

Airlines—2.5%

   

Alaska Air Group, Inc.

    158,450        9,922,139   

United Continental Holdings, Inc. (a)

    661,450        20,313,129   
   

 

 

 
      30,235,268   
   

 

 

 

Auto Components—2.8%

   

Delphi Automotive plc

    308,600        18,028,412   

TRW Automotive Holdings Corp. (a)

    238,610        17,015,279   
   

 

 

 
      35,043,691   
   

 

 

 

Automobiles—1.9%

   

Harley-Davidson, Inc.

    366,200        23,524,688   
   

 

 

 

Beverages—1.0%

   

Brown-Forman Corp. - Class B

    185,400        12,631,302   
   

 

 

 

Biotechnology—2.4%

   

Alkermes plc (a)

    440,000        14,792,800   

Incyte Corp., Ltd. (a)

    256,603        9,789,404   

Intrexon Corp. (a) (b)

    181,500        4,299,735   

Seattle Genetics, Inc. (a) (b)

    25,937        1,136,819   
   

 

 

 
      30,018,758   
   

 

 

 

Building Products—0.8%

   

Armstrong World Industries, Inc. (a)

    181,200        9,958,752   
   

 

 

 

Capital Markets—1.9%

   

E*Trade Financial Corp. (a)

    549,900        9,073,350   

Raymond James Financial, Inc.

    347,000        14,459,490   
   

 

 

 
      23,532,840   
   

 

 

 

Chemicals—6.1%

   

Albemarle Corp. (b)

    122,800        7,729,032   

Celanese Corp. - Series A

    233,200        12,310,628   

Cytec Industries, Inc.

    93,550        7,611,228   

FMC Corp.

    451,400        32,374,408   

Sherwin-Williams Co. (The)

    86,900        15,831,442   
   

 

 

 
      75,856,738   
   

 

 

 

Commercial Banks—1.0%

   

Signature Bank (a)

    132,500        12,126,400   
   

 

 

 

Commercial Services & Supplies—1.7%

  

 

KAR Auction Services, Inc.

    450,050        12,695,911   

Stericycle, Inc. (a)

    75,300        8,689,620   
   

 

 

 
      21,385,531   
   

 

 

 

Construction & Engineering—2.2%

  

Chicago Bridge & Iron Co. NV

    195,628        13,257,710   

Jacobs Engineering Group, Inc. (a)

    242,000        14,079,560   
   

 

 

 
      27,337,270   
   

 

 

 

Construction Materials—1.2%

  

Eagle Materials, Inc.

    205,400        14,901,770   
   

 

 

 

Distributors—1.8%

   

LKQ Corp. (a)

    712,800      22,709,808   
   

 

 

 

Electronic Equipment, Instruments & Components—2.6%

  

Amphenol Corp. - Class A

    233,318        18,054,147   

FEI Co.

    157,100        13,793,380   
   

 

 

 
      31,847,527   
   

 

 

 

Energy Equipment & Services—2.8%

  

Atwood Oceanics, Inc. (a)

    163,750        9,012,800   

Cameron International Corp. (a)

    241,800        14,113,866   

Oceaneering International, Inc.

    144,500        11,739,180   
   

 

 

 
      34,865,846   
   

 

 

 

Health Care Equipment & Supplies—2.5%

  

Cooper Cos., Inc. (The)

    194,950        25,283,065   

Edwards Lifesciences Corp. (a)

    85,700        5,967,291   
   

 

 

 
      31,250,356   
   

 

 

 

Health Care Providers & Services—3.2%

  

Catamaran Corp. (a)

    161,002        7,398,042   

Centene Corp. (a)

    187,450        11,989,302   

MEDNAX, Inc. (a) (b)

    203,900        20,471,560   
   

 

 

 
      39,858,904   
   

 

 

 

Health Care Technology—0.7%

  

Cerner Corp. (a)

    154,400        8,113,720   
   

 

 

 

Hotels, Restaurants & Leisure—3.0%

  

Chipotle Mexican Grill, Inc. (a)

    17,250        7,395,075   

Dunkin’ Brands Group, Inc.

    203,100        9,192,306   

Starwood Hotels & Resorts Worldwide, Inc.

    170,800        11,349,660   

Wyndham Worldwide Corp.

    142,200        8,669,934   
   

 

 

 
      36,606,975   
   

 

 

 

Insurance—2.9%

   

Allied World Assurance Co. Holdings AG

    179,617        17,852,134   

Arthur J. Gallagher & Co.

    399,500        17,438,175   
   

 

 

 
      35,290,309   
   

 

 

 

Internet Software & Services—1.5%

  

Akamai Technologies, Inc. (a)

    236,200        12,211,540   

Yelp, Inc. (a)

    94,400        6,247,392   
   

 

 

 
      18,458,932   
   

 

 

 

IT Services—8.7%

   

Alliance Data Systems Corp. (a) (b)

    141,650        29,954,726   

Computer Sciences Corp.

    154,900        8,014,526   

Gartner, Inc. (a)

    196,800        11,808,000   

Jack Henry & Associates, Inc.

    360,700        18,615,727   

MAXIMUS, Inc.

    148,012        6,666,460   

Teradata Corp. (a)

    228,600        12,673,584   

WEX, Inc. (a)

    220,400        19,340,100   
   

 

 

 
      107,073,123   
   

 

 

 

 

MSF-61


Table of Contents

Metropolitan Series Fund

Frontier Mid Cap Growth Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description  

Shares

    Value  

Life Sciences Tools & Services—2.7%

  

Covance, Inc. (a) (b)

    273,200      $ 23,620,872   

Illumina, Inc. (a) (b)

    120,000        9,699,600   
   

 

 

 
      33,320,472   
   

 

 

 

Machinery—3.9%

  

Chart Industries, Inc. (a) (b)

    113,300        13,940,432   

Pall Corp.

    183,650        14,148,396   

Pentair, Ltd.

    160,227        10,405,141   

Wabtec Corp.

    151,177        9,504,498   
   

 

 

 
      47,998,467   
   

 

 

 

Marine—1.3%

  

Kirby Corp. (a) (b)

    185,600        16,063,680   
   

 

 

 

Media—3.2%

  

Discovery Communications, Inc. - Class A (a)

    277,600        23,434,992   

Imax Corp. (a) (b)

    520,300        15,733,872   
   

 

 

 
      39,168,864   
   

 

 

 

Oil, Gas & Consumable Fuels—5.7%

  

Cabot Oil & Gas Corp.

    362,300        13,521,036   

Concho Resources, Inc. (a)

    137,600        14,972,256   

Continental Resources, Inc. (a) (b)

    173,600        18,620,336   

InterOil Corp. (a) (b)

    216,600        15,445,746   

SandRidge Energy, Inc. (a) (b)

    1,431,900        8,390,934   
   

 

 

 
      70,950,308   
   

 

 

 

Pharmaceuticals—3.6%

  

Actavis, Inc. (a)

    200,400        28,857,600   

Perrigo Co.

    122,279        15,086,783   
   

 

 

 
      43,944,383   
   

 

 

 

Professional Services—1.4%

  

IHS, Inc. - Class A (a)

    84,150        9,608,247   

Verisk Analytics, Inc. - Class A (a)

    123,000        7,990,080   
   

 

 

 
      17,598,327   
   

 

 

 

Road & Rail—1.7%

  

Genesee & Wyoming, Inc. - Class A (a)

    144,975        13,478,326   

Hertz Global Holdings, Inc. (a)

    310,200        6,874,032   
   

 

 

 
      20,352,358   
   

 

 

 

Semiconductors & Semiconductor Equipment—2.4%

  

NXP Semiconductor NV (a)

    314,324        11,695,996   

Xilinx, Inc.

    393,500        18,439,410   
   

 

 

 
      30,135,406   
   

 

 

 

Software—4.6%

  

Cadence Design Systems, Inc. (a) (b)

    1,624,000        21,924,000   

Citrix Systems, Inc. (a)

    243,800        17,214,718   

Electronic Arts, Inc. (a)

    675,800        17,266,690   
   

 

 

 
      56,405,408   
   

 

 

 

Specialty Retail—6.7%

  

Bed Bath & Beyond, Inc. (a)

    106,200      8,215,632   

CarMax, Inc. (a)

    235,800        11,429,226   

Dick’s Sporting Goods, Inc.

    155,500        8,300,590   

GNC Holdings, Inc. - Class A

    482,500        26,358,975   

O’Reilly Automotive, Inc. (a)

    155,050        19,782,829   

Tiffany & Co.

    111,000        8,504,820   
   

 

 

 
      82,592,072   
   

 

 

 

Textiles, Apparel & Luxury Goods—2.1%

  

PVH Corp.

    81,800        9,708,842   

VF Corp.

    82,850        16,491,293   
   

 

 

 
      26,200,135   
   

 

 

 

Trading Companies & Distributors—1.2%

  

WESCO International, Inc. (a) (b)

    189,100        14,471,823   
   

 

 

 

Total Common Stocks
(Cost $1,019,605,074)

      1,225,818,811   
   

 

 

 
Short-Term Investments—13.4%   

Mutual Fund—12.8%

  

State Street Navigator Securities Lending MET Portfolio (c)

    157,553,935        157,553,935   
   

 

 

 

Repurchase Agreement—0.6%

  

Fixed Income Clearing Corp. Repurchase Agreement dated 09/30/13 at 0.000% to be repurchased at $7,853,000 on 10/01/13, collateralized by $7,990,000 U.S. Treasury Note at 0.875% due 04/30/17 with a value of $8,010,950.

    7,853,000        7,853,000   
   

 

 

 

Total Short-Term Investments
(Cost $165,406,935)

      165,406,935   
   

 

 

 

Total Investments—112.7%
(Cost $1,185,012,009) (d)

      1,391,225,746   

Other assets and liabilities (net)—(12.7)%

      (157,048,374
   

 

 

 
Net Assets—100.0%     $ 1,234,177,372   
   

 

 

 

 

* Principal amount stated in U.S. dollars unless otherwise noted.
(a) Non-income producing security.
(b) All or a portion of the security was held on loan. As of September 30, 2013, the market value of securities loaned was $164,771,792 and the collateral received consisted of cash in the amount of $157,553,935 and non-cash collateral with a value of $10,997,000. The cash collateral is invested in a money market fund managed by an affiliate of the custodian. The non-cash collateral received consists primarily of government securities and bank letters of credit, and is held for the benefit of the Portfolio at the Portfolio’s custodian. The Portfolio cannot repledge or resell this collateral.
(c) Represents investment of cash collateral received from securities lending transactions.

 

MSF-62


Table of Contents

Metropolitan Series Fund

Frontier Mid Cap Growth Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

(d) As of September 30, 2013, the aggregate cost of investments was $1,185,012,009. The aggregate unrealized appreciation and depreciation of investments were $209,263,589 and $(3,049,852), respectively, resulting in net unrealized appreciation of $206,213,737.

Fair Value Hierarchy

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to the Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1      Level 2     Level 3      Total  

Total Common Stocks*

   $ 1,225,818,811       $ —        $ —         $ 1,225,818,811   
Short-Term Investments           

Mutual Fund

     157,553,935         —          —           157,553,935   

Repurchase Agreement

     —           7,853,000        —           7,853,000   

Total Short-Term Investments

     157,553,935         7,853,000        —           165,406,935   

Total Investments

   $ 1,383,372,746       $ 7,853,000      $ —         $ 1,391,225,746   
                                    

Collateral for securities loaned (Liability)

   $ —         $ (157,553,935   $ —         $ (157,553,935

 

* See Schedule of Investments for additional detailed categorizations.

 

MSF-63


Table of Contents

Metropolitan Series Fund

Jennison Growth Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—99.6% of Net Assets

 

Security Description   Shares     Value  

Aerospace & Defense—6.1%

  

Boeing Co. (The)

    479,260      $ 56,313,050   

Precision Castparts Corp.

    254,245        57,774,634   

Rolls-Royce Holdings plc (a)

    941,464        16,966,859   

United Technologies Corp.

    440,696        47,515,843   
   

 

 

 
      178,570,386   
   

 

 

 

Beverages—1.4%

   

Diageo plc

    1,023,736        32,530,884   

Monster Beverage Corp. (a)

    162,755        8,503,949   
   

 

 

 
      41,034,833   
   

 

 

 

Biotechnology—7.8%

  

Alexion Pharmaceuticals, Inc. (a)

    422,821        49,114,887   

Biogen Idec, Inc. (a)

    286,240        68,915,143   

Foundation Medicine, Inc. (a)

    4,766        188,924   

Gilead Sciences, Inc. (a)

    1,020,077        64,101,639   

Vertex Pharmaceuticals, Inc. (a)

    597,572        45,307,909   
   

 

 

 
      227,628,502   
   

 

 

 

Capital Markets—2.7%

  

Goldman Sachs Group, Inc. (The)

    262,581        41,542,940   

Morgan Stanley

    1,379,739        37,183,966   
   

 

 

 
      78,726,906   
   

 

 

 

Chemicals—2.6%

   

Monsanto Co.

    714,743        74,597,727   
   

 

 

 

Computers & Peripherals—4.6%

  

Apple, Inc.

    271,737        129,550,615   

NCR Corp. (a)

    119,962        4,751,695   
   

 

 

 
      134,302,310   
   

 

 

 

Energy Equipment & Services—2.6%

  

FMC Technologies, Inc. (a)

    517,158        28,660,896   

Schlumberger, Ltd.

    525,231        46,409,411   
   

 

 

 
      75,070,307   
   

 

 

 

Food & Staples Retailing—4.2%

  

Costco Wholesale Corp.

    548,045        63,090,940   

Sprouts Farmers Market, Inc. (a) (b)

    36,263        1,609,715   

Whole Foods Market, Inc.

    991,401        57,996,958   
   

 

 

 
      122,697,613   
   

 

 

 

Food Products—1.5%

   

Mondelez International, Inc. - Class A

    1,378,483        43,311,936   
   

 

 

 

Health Care Equipment & Supplies—1.4%

  

Abbott Laboratories

    1,071,242        35,554,522   

Essilor International S.A.

    53,824        5,790,797   
   

 

 

 
      41,345,319   
   

 

 

 

Health Care Providers & Services—3.0%

  

Express Scripts Holding Co. (a)

    876,379      54,142,695   

UnitedHealth Group, Inc.

    446,663        31,985,537   
   

 

 

 
      86,128,232   
   

 

 

 

Hotels, Restaurants & Leisure—3.5%

  

Chipotle Mexican Grill, Inc. (a)

    74,957        32,134,066   

Dunkin’ Brands Group, Inc.

    773,901        35,026,759   

Starbucks Corp.

    461,370        35,511,649   
   

 

 

 
      102,672,474   
   

 

 

 

Internet & Catalog Retail—7.0%

  

Amazon.com, Inc. (a)

    323,349        101,091,832   

Netflix, Inc. (a)

    90,024        27,836,321   

priceline.com, Inc. (a)

    74,696        75,513,921   
   

 

 

 
      204,442,074   
   

 

 

 

Internet Software & Services—10.0%

  

eBay, Inc. (a)

    703,790        39,264,444   

Facebook, Inc. - Class A (a)

    1,049,454        52,724,569   

Google, Inc. - Class A (a)

    128,272        112,354,728   

LinkedIn Corp. - Class A (a)

    262,703        64,640,700   

Rackspace Hosting, Inc. (a) (b)

    387,140        20,425,506   

Youku Tudou, Inc. (ADR) (a) (b)

    104,195        2,854,943   
   

 

 

 
      292,264,890   
   

 

 

 

IT Services—6.2%

  

Mastercard, Inc. - Class A

    163,449        109,965,218   

Teradata Corp. (a)

    231,061        12,810,022   

Visa, Inc. - Class A

    295,183        56,409,471   
   

 

 

 
      179,184,711   
   

 

 

 

Media—2.9%

  

Discovery Communications, Inc. - Class A (a)

    421,893        35,616,207   

Walt Disney Co. (The)

    757,686        48,863,170   
   

 

 

 
      84,479,377   
   

 

 

 

Oil, Gas & Consumable Fuels—3.1%

  

Concho Resources, Inc. (a)

    365,259        39,743,832   

Enbridge, Inc.

    318,563        13,296,820   

EOG Resources, Inc.

    225,465        38,166,715   
   

 

 

 
      91,207,367   
   

 

 

 

Personal Products—1.5%

  

Estee Lauder Cos., Inc. (The) - Class A

    633,987        44,315,691   
   

 

 

 

Pharmaceuticals—5.6%

  

Allergan, Inc.

    460,695        41,669,863   

Bristol-Myers Squibb Co.

    956,465        44,265,200   

Novo Nordisk A/S (ADR)

    294,544        49,842,735   

Perrigo Co.

    226,723        27,973,084   
   

 

 

 
      163,750,882   
   

 

 

 

 

MSF-64


Table of Contents

Metropolitan Series Fund

Jennison Growth Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description  

Shares

    Value  

Real Estate Investment Trusts—1.1%

  

American Tower Corp.

    418,328      $ 31,010,655   
   

 

 

 

Road & Rail—3.4%

  

Canadian Pacific Railway, Ltd.

    219,094        27,014,290   

Kansas City Southern

    189,198        20,690,694   

Union Pacific Corp.

    328,665        51,054,821   
   

 

 

 
      98,759,805   
   

 

 

 

Semiconductors & Semiconductor Equipment—1.3%

  

ARM Holdings plc (ADR) (b)

    783,808        37,716,841   
   

 

 

 

Software—6.5%

  

FireEye, Inc. (a)

    116,755        4,848,835   

Red Hat, Inc. (a)

    789,015        36,405,152   

Salesforce.com, Inc. (a) (b)

    1,073,409        55,720,661   

Splunk, Inc. (a)

    501,240        30,094,450   

Tableau Software, Inc. - Class A (a)

    9,461        674,002   

VMware, Inc. - Class A (a)

    462,227        37,394,164   

Workday, Inc. - Class A (a) (b)

    312,985        25,329,876   
   

 

 

 
      190,467,140   
   

 

 

 

Specialty Retail—4.5%

  

Inditex S.A.

    415,970        64,279,162   

TJX Cos., Inc.

    1,163,996        65,637,734   
   

 

 

 
      129,916,896   
   

 

 

 

Textiles, Apparel & Luxury Goods—5.1%

  

Michael Kors Holdings, Ltd. (a)

    317,478        23,658,460   

NIKE, Inc. - Class B

    855,934        62,175,046   

Ralph Lauren Corp.

    213,837        35,225,369   

Swatch Group AG (The)

    22,715        14,653,476   

Under Armour, Inc. - Class A (a) (b)

    144,537        11,483,465   
   

 

 

 
      147,195,816   
   

 

 

 

Total Common Stocks
(Cost $2,052,739,292)

      2,900,798,690   
   

 

 

 
Short-Term Investments—3.6%     
Security Description   Shares/Principal
Amount*
    Value  

Mutual Fund—3.3%

  

State Street Navigator Securities Lending MET Portfolio (c)

    95,469,741      95,469,741   
   

 

 

 

Repurchase Agreement—0.3%

  

Fixed Income Clearing Corp. Repurchase Agreement dated 09/30/13 at 0.000% to be repurchased at $8,546,000 on 10/01/13, collateralized by $8,505,000 Federal Home Loan Bank at 2.500% due 06/13/14 with a value of $8,717,625.

    8,546,000        8,546,000   
   

 

 

 

Total Short-Term Investments
(Cost $104,015,741)

      104,015,741   
   

 

 

 

Total Investments—103.2%
(Cost $2,156,755,033) (d)

      3,004,814,431   

Other assets and liabilities
(net)—(3.2)%

      (93,054,501
   

 

 

 
Net Assets—100.0%     $ 2,911,759,930   
   

 

 

 

 

* Principal amount stated in U.S. dollars unless otherwise noted.
(a) Non-income producing security.
(b) All or a portion of the security was held on loan. As of September 30, 2013, the market value of securities loaned was $92,495,190 and the collateral received consisted of cash in the amount of $95,469,741. The cash collateral is invested in a money market fund managed by an affiliate of the custodian.
(c) Represents investment of cash collateral received from securities lending transactions.
(d) As of September 30, 2013, the aggregate cost of investments was $2,156,755,033. The aggregate unrealized appreciation and depreciation of investments were $859,734,561 and $(11,675,163), respectively, resulting in net unrealized appreciation of $848,059,398.
(ADR)— An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. Trading on exchanges not located in the United States or Canada significantly influences the value of ADRs.

 

MSF-65


Table of Contents

Metropolitan Series Fund

Jennison Growth Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

Fair Value Hierarchy

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to the Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1      Level 2     Level 3      Total  
Common Stocks           

Aerospace & Defense

   $ 161,603,527       $ 16,966,859      $ —         $ 178,570,386   

Beverages

     8,503,949         32,530,884        —           41,034,833   

Biotechnology

     227,628,502         —          —           227,628,502   

Capital Markets

     78,726,906         —          —           78,726,906   

Chemicals

     74,597,727         —          —           74,597,727   

Computers & Peripherals

     134,302,310         —          —           134,302,310   

Energy Equipment & Services

     75,070,307         —          —           75,070,307   

Food & Staples Retailing

     122,697,613         —          —           122,697,613   

Food Products

     43,311,936         —          —           43,311,936   

Health Care Equipment & Supplies

     35,554,522         5,790,797        —           41,345,319   

Health Care Providers & Services

     86,128,232         —          —           86,128,232   

Hotels, Restaurants & Leisure

     102,672,474         —          —           102,672,474   

Internet & Catalog Retail

     204,442,074         —          —           204,442,074   

Internet Software & Services

     292,264,890         —          —           292,264,890   

IT Services

     179,184,711         —          —           179,184,711   

Media

     84,479,377         —          —           84,479,377   

Oil, Gas & Consumable Fuels

     91,207,367         —          —           91,207,367   

Personal Products

     44,315,691         —          —           44,315,691   

Pharmaceuticals

     163,750,882         —          —           163,750,882   

Real Estate Investment Trusts

     31,010,655         —          —           31,010,655   

Road & Rail

     98,759,805         —          —           98,759,805   

Semiconductors & Semiconductor Equipment

     37,716,841         —          —           37,716,841   

Software

     190,467,140         —          —           190,467,140   

Specialty Retail

     65,637,734         64,279,162        —           129,916,896   

Textiles, Apparel & Luxury Goods

     132,542,340         14,653,476        —           147,195,816   

Total Common Stocks

     2,766,577,512         134,221,178        —           2,900,798,690   
Short-Term Investments           

Mutual Fund

     95,469,741         —          —           95,469,741   

Repurchase Agreement

     —           8,546,000        —           8,546,000   

Total Short-Term Investments

     95,469,741         8,546,000        —           104,015,741   

Total Investments

   $ 2,862,047,253       $ 142,767,178      $ —         $ 3,004,814,431   
                                    

Collateral for securities loaned (Liability)

   $ —         $ (95,469,741   $ —         $ (95,469,741

 

MSF-66


Table of Contents

Metropolitan Series Fund

Loomis Sayles Small Cap Core Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stock—98.4% of Net Assets

 

Security Description   Shares     Value  

Aerospace & Defense—0.9%

   

Hexcel Corp. (a)

    63,356      $ 2,458,213   

Triumph Group, Inc.

    25,285        1,775,512   
   

 

 

 
      4,233,725   
   

 

 

 

Air Freight & Logistics—0.4%

   

XPO Logistics, Inc. (a)

    88,012        1,907,220   
   

 

 

 

Airlines—0.4%

   

Spirit Airlines, Inc. (a)

    56,442        1,934,267   
   

 

 

 

Auto Components—1.5%

   

Dana Holding Corp.

    115,921        2,647,636   

Dorman Products, Inc. (a) (b)

    37,804        1,873,188   

Drew Industries, Inc. (a)

    4,541        206,797   

Remy International, Inc.

    48,785        987,408   

Tenneco, Inc. (a)

    29,634        1,496,517   
   

 

 

 
      7,211,546   
   

 

 

 

Biotechnology—2.5%

   

Aegerion Pharmaceuticals, Inc. (a) (b)

    12,756        1,093,317   

Alkermes plc (a)

    77,004        2,588,874   

Clovis Oncology, Inc. (a)

    14,925        907,142   

Cubist Pharmaceuticals, Inc. (a)

    31,515        2,002,778   

Emergent Biosolutions, Inc. (a)

    76,569        1,458,639   

Exact Sciences Corp. (a) (b)

    118,018        1,393,793   

Myriad Genetics, Inc. (a) (b)

    48,480        1,139,280   

NPS Pharmaceuticals, Inc. (a) (b)

    56,186        1,787,277   
   

 

 

 
      12,371,100   
   

 

 

 

Building Products—0.4%

   

Armstrong World Industries, Inc. (a)

    36,335        1,996,972   
   

 

 

 

Capital Markets—2.8%

   

Ares Capital Corp.

    113,498        1,962,380   

Artisan Partners Asset Management, Inc. (a) (b)

    34,154        1,788,304   

Fifth Street Finance Corp.

    219,700        2,260,713   

Financial Engines, Inc. (a) (b)

    37,180        2,209,979   

Hercules Technology Growth Capital, Inc. (b)

    111,931        1,706,948   

Safeguard Scientifics, Inc. (a) (b)

    76,218        1,195,860   

Stifel Financial Corp. (a) (b)

    57,595        2,374,066   
   

 

 

 
      13,498,250   
   

 

 

 

Chemicals—2.4%

   

Cabot Corp.

    57,263        2,445,703   

Flotek Industries, Inc. (a) (b)

    103,676        2,384,548   

Minerals Technologies, Inc.

    28,209        1,392,678   

Olin Corp. (b)

    62,410        1,439,799   

Tronox, Ltd. (b)

    79,193        1,937,853   

W.R. Grace & Co. (a)

    13,728        1,199,827   

Zep, Inc.

    43,565        708,367   
   

 

 

 
      11,508,775   
   

 

 

 

Commercial Banks—8.2%

   

BancorpSouth, Inc. (b)

    141,944        2,830,363   

Bank of the Ozarks, Inc.

    40,754        1,955,785   

Commercial Banks—(Continued)

   

Boston Private Financial Holdings, Inc.

    123,366      1,369,363   

Cathay General Bancorp

    151,143        3,532,212   

City National Corp.

    36,994        2,466,020   

CVB Financial Corp. (b)

    114,593        1,549,297   

First Financial Bancorp

    114,736        1,740,545   

First Financial Bankshares, Inc. (b)

    34,376        2,021,996   

Iberiabank Corp.

    38,629        2,003,686   

PacWest Bancorp

    65,685        2,256,937   

Pinnacle Financial Partners, Inc. (a)

    60,554        1,805,115   

Popular, Inc. (a)

    55,215        1,448,289   

Prosperity Bancshares, Inc. (b)

    44,806        2,770,803   

Signature Bank (a)

    52,363        4,792,262   

SVB Financial Group (a)

    20,170        1,742,083   

Texas Capital Bancshares, Inc. (a)

    39,235        1,803,633   

Tristate Capital Holdings, Inc. (a) (b)

    101,863        1,313,014   

Wintrust Financial Corp. (b)

    64,603        2,653,245   
   

 

 

 
      40,054,648   
   

 

 

 

Commercial Services & Supplies—2.6%

   

ACCO Brands Corp. (a) (b)

    163,879        1,088,157   

KAR Auction Services, Inc.

    112,070        3,161,495   

McGrath Rentcorp

    35,716        1,275,061   

Performant Financial Corp. (a) (b)

    58,519        639,027   

Rollins, Inc.

    69,966        1,854,799   

Viad Corp.

    41,831        1,043,683   

Waste Connections, Inc. (b)

    44,866        2,037,365   

West Corp. (a) (b)

    75,193        1,667,029   
   

 

 

 
      12,766,616   
   

 

 

 

Communications Equipment—0.9%

   

Ciena Corp. (a) (b)

    91,494        2,285,520   

Harmonic, Inc. (a)

    119,175        916,456   

NETGEAR, Inc. (a) (b)

    45,002        1,388,762   
   

 

 

 
      4,590,738   
   

 

 

 

Computers & Peripherals—0.3%

   

QLogic Corp. (a)

    128,975        1,410,986   
   

 

 

 

Construction & Engineering—1.1%

   

MasTec, Inc. (a) (b)

    53,393        1,617,808   

MYR Group, Inc. (a)

    77,119        1,873,992   

Primoris Services Corp. (b)

    81,283        2,070,278   
   

 

 

 
      5,562,078   
   

 

 

 

Consumer Finance—0.9%

   

Credit Acceptance Corp. (a)

    10,851        1,202,399   

DFC Global Corp. (a) (b)

    120,942        1,329,153   

Encore Capital Group, Inc. (a) (b)

    44,271        2,030,268   
   

 

 

 
      4,561,820   
   

 

 

 

Distributors—0.6%

   

Core-Mark Holding Co., Inc.

    21,478        1,426,998   

Pool Corp.

    30,069        1,687,773   
   

 

 

 
      3,114,771   
   

 

 

 

 

MSF-67


Table of Contents

Metropolitan Series Fund

Loomis Sayles Small Cap Core Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stock—(Continued)

 

Security Description   Shares     Value  

Diversified Consumer Services—1.5%

   

Bright Horizons Family Solutions, Inc. (a) (b)

    45,252      $ 1,621,379   

Grand Canyon Education, Inc. (a)

    86,720        3,493,082   

LifeLock, Inc. (a) (b)

    141,193        2,093,892   
   

 

 

 
      7,208,353   
   

 

 

 

Diversified Financial Services—1.2%

   

MarketAxess Holdings, Inc.

    93,165        5,593,627   
   

 

 

 

Electric Utilities—1.4%

   

Allete, Inc.

    66,280        3,201,324   

ITC Holdings Corp. (b)

    14,935        1,401,799   

UIL Holdings Corp. (b)

    64,933        2,414,209   
   

 

 

 
      7,017,332   
   

 

 

 

Electrical Equipment—2.2%

   

AZZ, Inc.

    59,955        2,509,716   

EnerSys (a)

    35,811        2,171,221   

General Cable Corp. (a) (b)

    61,901        1,965,357   

Global Power Equipment Group, Inc.

    35,735        718,631   

Polypore International, Inc. (a) (b)

    41,647        1,706,278   

Thermon Group Holdings, Inc. (a)

    62,495        1,444,259   
   

 

 

 
      10,515,462   
   

 

 

 

Electronic Equipment, Instruments & Components—4.0%

  

Belden, Inc.

    45,045        2,885,132   

Checkpoint Systems, Inc. (a)

    30,081        502,353   

Cognex Corp.

    31,022        972,850   

FEI Co.

    24,651        2,164,358   

IPG Photonics Corp. (a) (b)

    26,364        1,484,557   

Littelfuse, Inc.

    36,799        2,878,418   

Measurement Specialties, Inc. (a)

    37,754        2,047,777   

Methode Electronics, Inc. (b)

    62,760        1,757,280   

Rogers Corp. (a)

    41,534        2,470,442   

Vishay Intertechnology, Inc. (a) (b)

    172,997        2,229,931   
   

 

 

 
      19,393,098   
   

 

 

 

Energy Equipment & Services—2.7%

   

Bristow Group, Inc.

    35,264        2,565,809   

Dril-Quip, Inc. (a)

    18,738        2,150,185   

Forum Energy Technologies, Inc. (a) (b)

    61,458        1,659,981   

Helix Energy Solutions Group, Inc. (a)

    193,505        4,909,222   

Parker Drilling Co. (a)

    345,529        1,969,515   
   

 

 

 
      13,254,712   
   

 

 

 

Food & Staples Retailing—1.1%

   

Casey’s General Stores, Inc.

    22,528        1,655,808   

Spartan Stores, Inc.

    74,863        1,651,478   

Susser Holdings Corp. (a) (b)

    36,803        1,956,079   
   

 

 

 
      5,263,365   
   

 

 

 

Food Products—0.7%

   

Darling International, Inc. (a)

    62,393        1,320,236   

Ingredion, Inc.

    18,098        1,197,545   

J&J Snack Foods Corp.

    12,914        1,042,418   
   

 

 

 
      3,560,199   
   

 

 

 

Gas Utilities—0.3%

   

New Jersey Resources Corp.

    17,831      785,455   

UGI Corp.

    17,715        693,188   
   

 

 

 
      1,478,643   
   

 

 

 

Health Care Equipment & Supplies—3.3%

  

Abaxis, Inc. (a) (b)

    38,963        1,640,342   

Analogic Corp.

    19,342        1,598,423   

Endologix, Inc. (a)

    95,674        1,543,222   

Insulet Corp. (a) (b)

    53,868        1,952,176   

MAKO Surgical Corp. (a) (b)

    36,611        1,080,391   

Novadaq Technologies, Inc. (a)

    78,933        1,308,709   

Quidel Corp. (a)

    55,324        1,571,202   

Spectranetics Corp. (a)

    97,871        1,642,275   

SurModics, Inc. (a)

    27,581        655,876   

Teleflex, Inc. (b)

    26,766        2,202,306   

Tornier NV (a)

    50,366        973,575   
   

 

 

 
      16,168,497   
   

 

 

 

Health Care Providers & Services—2.3%

  

Acadia Healthcare Co., Inc. (a) (b)

    50,689        1,998,667   

Bio-Reference Labs, Inc. (a) (b)

    75,235        2,248,022   

Hanger Orthopedic Group, Inc. (a)

    37,549        1,267,654   

MEDNAX, Inc. (a) (b)

    16,638        1,670,455   

Team Health Holdings, Inc. (a)

    46,262        1,755,180   

WellCare Health Plans, Inc. (a)

    33,714        2,351,215   
   

 

 

 
      11,291,193   
   

 

 

 

Health Care Technology—1.3%

  

MedAssets, Inc. (a)

    193,304        4,913,787   

Medidata Solutions, Inc. (a)

    16,331        1,615,626   
   

 

 

 
      6,529,413   
   

 

 

 

Hotels, Restaurants & Leisure—3.4%

  

AFC Enterprises, Inc. (a)

    43,811        1,909,721   

Churchill Downs, Inc.

    34,541        2,988,487   

Cracker Barrel Old Country Store, Inc.

    13,948        1,439,992   

Diamond Resorts International, Inc. (a)

    115,289        2,168,586   

Marriott Vacations Worldwide Corp. (a)

    55,619        2,447,236   

Six Flags Entertainment Corp.

    55,724        1,882,914   

Texas Roadhouse, Inc.

    68,944        1,811,848   

Vail Resorts, Inc. (b)

    27,573        1,913,015   
   

 

 

 
      16,561,799   
   

 

 

 

Household Durables—0.8%

  

Jarden Corp. (a)

    60,700        2,937,880   

La-Z-Boy, Inc. (a)

    40,040        909,308   
   

 

 

 
      3,847,188   
   

 

 

 

Industrial Conglomerates—0.5%

  

Raven Industries, Inc. (b)

    75,215        2,460,283   
   

 

 

 

Insurance—2.7%

  

Amtrust Financial Services, Inc. (b)

    54,037        2,110,685   

Employers Holdings, Inc.

    107,047        3,183,578   

 

MSF-68


Table of Contents

Metropolitan Series Fund

Loomis Sayles Small Cap Core Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stock—(Continued)

 

Security Description   Shares     Value  

Insurance—(Continued)

  

HCC Insurance Holdings, Inc.

    78,881      $ 3,456,565   

ProAssurance Corp. (a)

    52,352        2,358,981   

Reinsurance Group of America, Inc.

    32,808        2,197,808   
   

 

 

 
      13,307,617   
   

 

 

 

Internet & Catalog Retail—1.2%

  

HomeAway, Inc. (a) (b)

    68,913        1,929,564   

HSN, Inc.

    38,029        2,039,115   

Liberty Ventures (Series A) (a)

    20,807        1,834,553   
   

 

 

 
      5,803,232   
   

 

 

 

Internet Software & Services—3.3%

  

Angie’s List, Inc. (a) (b)

    51,749        1,164,352   

Benefitfocus, Inc. (a) (b)

    8,679        426,660   

Cornerstone OnDemand, Inc. (a)

    32,743        1,684,300   

CoStar Group, Inc. (a)

    14,113        2,369,573   

DealerTrack Holdings, Inc. (a)

    73,596        3,152,853   

Envestnet, Inc. (a) (b)

    41,390        1,283,090   

OpenTable, Inc. (a)

    25,057        1,753,489   

Perficient, Inc. (a)

    85,020        1,560,967   

Shutterstock, Inc. (a)

    6,638        482,715   

Trulia, Inc. (a)

    29,870        1,404,786   

United Online, Inc.

    122,806        979,992   
   

 

 

 
      16,262,777   
   

 

 

 

IT Services—2.4%

  

Convergys Corp. (a)

    110,010        2,062,687   

EPAM Systems, Inc. (a)

    42,439        1,464,146   

Euronet Worldwide, Inc. (a)

    88,046        3,504,231   

InterXion Holding NV (a)

    80,015        1,779,534   

WEX, Inc. (a)

    34,282        3,008,245   
   

 

 

 
      11,818,843   
   

 

 

 

Life Sciences Tools & Services—0.4%

  

PAREXEL International Corp. (a) (b)

    36,447        1,830,733   
   

 

 

 

Machinery—5.5%

  

Actuant Corp. (b)

    37,357        1,450,946   

Alamo Group, Inc.

    19,031        930,806   

Albany International Corp.

    55,990        2,008,361   

Altra Holdings, Inc. (a)

    88,411        2,379,140   

Chart Industries, Inc. (a) (b)

    20,748        2,552,834   

John Bean Technologies Corp.

    60,960        1,516,685   

Manitowoc Co., Inc. (b)

    91,108        1,783,895   

Middleby Corp. (a)

    9,171        1,915,913   

Proto Labs, Inc. (a) (b)

    26,166        1,998,821   

RBC Bearings, Inc. (a)

    75,202        4,955,060   

Trimas Corp. (a)

    52,703        1,965,822   

Wabtec Corp.

    52,966        3,329,972   
   

 

 

 
      26,788,255   
   

 

 

 

Marine—0.5%

  

Kirby Corp. (a) (b)

    29,200        2,527,260   
   

 

 

 

Media—1.7%

  

Carmike Cinemas, Inc. (a)

    82,640      1,824,691   

EW Scripps Co. (a)

    63,993        1,174,272   

John Wiley & Sons, Inc. (b)

    40,942        1,952,524   

Live Nation Entertainment, Inc. (a)

    86,227        1,599,511   

National CineMedia, Inc.

    79,635        1,501,916   
   

 

 

 
      8,052,914   
   

 

 

 

Metals & Mining—1.3%

  

Globe Specialty Metals, Inc.

    47,655        734,364   

Haynes International, Inc.

    35,946        1,629,432   

Horsehead Holding Corp. (a) (b)

    110,190        1,372,967   

Reliance Steel & Aluminum Co.

    9,801        718,119   

SunCoke Energy, Inc. (a)

    108,894        1,851,198   
   

 

 

 
      6,306,080   
   

 

 

 

Multi-Utilities—0.4%

  

NorthWestern Corp.

    44,306        1,990,226   
   

 

 

 

Multiline Retail—0.2%

  

Fred’s, Inc. (b)

    70,479        1,102,996   
   

 

 

 

Oil, Gas & Consumable Fuels—2.4%

  

Diamondback Energy, Inc. (a)

    34,199        1,458,245   

EPL Oil & Gas, Inc. (a)

    96,091        3,565,937   

Gulfport Energy Corp. (a)

    34,971        2,250,034   

Oasis Petroleum, Inc. (a) (b)

    46,628        2,290,834   

Rosetta Resources, Inc. (a) (b)

    35,258        1,920,151   
   

 

 

 
      11,485,201   
   

 

 

 

Pharmaceuticals—0.6%

  

Mallinckrodt plc (a)

    29,220        1,288,310   

Pacira Pharmaceuticals, Inc. (a)

    34,782        1,672,666   
   

 

 

 
      2,960,976   
   

 

 

 

Professional Services—2.6%

  

Advisory Board Co. (a)

    47,955        2,852,363   

Corporate Executive Board Co.

    40,290        2,925,860   

Huron Consulting Group, Inc. (a)

    37,596        1,977,926   

On Assignment, Inc. (a)

    59,266        1,955,778   

WageWorks, Inc. (a)

    59,524        3,002,986   
   

 

 

 
      12,714,913   
   

 

 

 

Real Estate Investment Trusts—4.8%

  

American Campus Communities, Inc.

    51,115        1,745,577   

BioMed Realty Trust, Inc.

    125,651        2,335,852   

CubeSmart

    168,425        3,004,702   

DuPont Fabros Technology, Inc. (b)

    55,611        1,433,095   

Hersha Hospitality Trust

    393,951        2,202,186   

Home Properties, Inc.

    29,420        1,699,005   

Mid-America Apartment Communities, Inc.

    32,646        2,040,375   

National Retail Properties, Inc.

    48,564        1,545,307   

Omega Healthcare Investors, Inc.

    78,661        2,349,604   

Potlatch Corp.

    38,845        1,541,370   

Sovran Self Storage, Inc.

    43,715        3,308,351   
   

 

 

 
      23,205,424   
   

 

 

 

 

MSF-69


Table of Contents

Metropolitan Series Fund

Loomis Sayles Small Cap Core Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stock—(Continued)

 

Security Description  

Shares

    Value  

Road & Rail—1.9%

  

Avis Budget Group, Inc. (a)

    63,839      $ 1,840,478   

Genesee & Wyoming, Inc. (a)

    42,799        3,979,023   

Old Dominion Freight Line, Inc. (a)

    69,821        3,211,068   
   

 

 

 
      9,030,569   
   

 

 

 

Semiconductors & Semiconductor Equipment—3.0%

  

Cavium, Inc. (a) (b)

    42,429        1,748,075   

Hittite Microwave Corp. (a)

    30,217        1,974,681   

Magnachip Semiconductor Corp. (a)

    85,453        1,839,803   

Semtech Corp. (a)

    126,061        3,780,569   

Silicon Laboratories, Inc. (a)

    40,291        1,720,829   

Teradyne, Inc. (a) (b)

    154,309        2,549,185   

Ultratech, Inc. (a)

    26,335        797,950   
   

 

 

 
      14,411,092   
   

 

 

 

Software—4.3%

  

Aspen Technology, Inc. (a)

    66,843        2,309,426   

CommVault Systems, Inc. (a)

    23,142        2,032,562   

FleetMatics Group plc (a) (b)

    36,368        1,365,618   

Guidewire Software, Inc. (a) (b)

    57,632        2,715,044   

Imperva, Inc. (a)

    42,072        1,767,865   

Monotype Imaging Holdings, Inc.

    57,531        1,648,839   

QLIK Technologies, Inc. (a)

    62,554        2,141,849   

SS&C Technologies Holdings, Inc. (a)

    58,143        2,215,248   

Synchronoss Technologies, Inc. (a) (b)

    48,169        1,833,312   

Ultimate Software Group, Inc. (a) (b)

    18,312        2,699,189   
   

 

 

 
      20,728,952   
   

 

 

 

Specialty Retail—3.8%

  

Asbury Automotive Group, Inc. (a)

    37,259        1,982,179   

Barnes & Noble, Inc. (a) (b)

    70,158        907,845   

Cabela’s, Inc. (a) (b)

    24,275        1,530,053   

Chico’s FAS, Inc.

    83,502        1,391,143   

Genesco, Inc. (a) (b)

    42,478        2,785,707   

Hibbett Sports, Inc. (a) (b)

    32,782        1,840,709   

JOS A. Bank Clothiers, Inc. (a)

    11,887        522,553   

Lumber Liquidators Holdings, Inc. (a) (b)

    13,638        1,454,493   

Rent-A-Center, Inc. (b)

    42,423        1,616,316   

Sally Beauty Holdings, Inc. (a)

    90,461        2,366,460   

Tile Shop Holdings, Inc. (a) (b)

    77,551        2,286,979   
   

 

 

 
      18,684,437   
   

 

 

 

Textiles, Apparel & Luxury Goods—1.0%

  

Deckers Outdoor Corp. (a)

    15,492        1,021,233   

Oxford Industries, Inc.

    30,696        2,086,714   

Tumi Holdings, Inc. (a) (b)

    77,599        1,563,620   
   

 

 

 
      4,671,567   
   

 

 

 

Thrifts & Mortgage Finance—0.3%

  

Capitol Federal Financial, Inc.

    117,259        1,457,529   
   

 

 

 

Trading Companies & Distributors—0.9%

  

DXP Enterprises, Inc. (a)

    23,423        1,849,714   

Trading Companies & Distributors—(Continued)

  

H&E Equipment Services, Inc. (a)

    38,169      1,013,769   

Rush Enterprises, Inc. (a)

    64,177        1,701,332   
   

 

 

 
      4,564,815   
   

 

 

 

Transportation Infrastructure—0.4%

  

Macquarie Infrastructure Co., LLC

    35,213        1,885,304   
   

 

 

 

Water Utilities—0.2%

  

Middlesex Water Co.

    35,899        767,880   
   

 

 

 

Total Common Stock
(Identified Cost $315,985,416)

      479,226,268   
   

 

 

 
Warrants—0.0%                

Oil, Gas & Consumable Fuels—0.0%

  

Magnum Hunter Resources Corp.,
expires 10/14/13,
strike price $10.50 (a) (b)

    16,409        115   
   

 

 

 

Total Warrants
(Identified Cost $0)

      115   
   

 

 

 
Short Term Investments—22.0%   

Mutual Funds—19.9%

   

State Street Navigator Securities Lending MET Portfolio (c)

    96,749,688        96,749,688   
   

 

 

 

Repurchase Agreement—2.1%

  

Fixed Income Clearing Corp. Repurchase Agreement dated 09/30/13 at 0.000% to
be repurchased at $10,158,000 on 10/01/13, collateralized by $10,520,000 U.S. Treasury Note at 0.625% due 08/31/17 with a value of $10,362,200

  $ 10,158,000        10,158,000   
   

 

 

 

Total Short Term Investments
(Identified Cost $106,907,688)

      106,907,688   
   

 

 

 

Total Investments—120.4%
(Identified Cost $422,893,104) (d)

      586,134,071   

Other assets and liabilities
(net)—(20.4)%

      (99,125,054
   

 

 

 
Net Assets—100.0%     $ 487,009,017   
   

 

 

 

 

(a) Non-Income Producing.
(b) All or a portion of the security was on loan. As of September 30, 2013, the market value of securities loaned was $94,381,077 and the collateral received consisted of cash in the amount of $96,749,688 and non-cash collateral with a value of $239,017. The cash collateral is invested in a money market fund managed by an affiliate of the custodian. The non-cash collateral received consists primarily of government securities and bank letters of credit, and is held for the benefit of the Portfolio at the Portfolio’s custodian. The Portfolio cannot repledge or resell this collateral.

 

MSF-70


Table of Contents

Metropolitan Series Fund

Loomis Sayles Small Cap Core Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

 

(c) Represents investment of cash collateral received from securities lending transactions.
(d) As of September 30, 2013, the aggregate cost of investments was $422,893,104. The aggregate unrealized appreciation and depreciation of investments was $166,491,801 and $(3,250,834), respectively, resulting in net unrealized appreciation of $163,240,967.

Fair Value Hierarchy

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive if it were to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. GAAP establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1      Level 2     Level 3      Total  

Total Common Stock*

   $ 479,226,268       $ —        $ —         $ 479,226,268   

Total Warrants*

     115         —          —           115   
Short Term Investments           

Mutual Funds

     96,749,688         —          —           96,749,688   

Repurchase Agreement

     —           10,158,000        —           10,158,000   

Total Short Term Investments

     96,749,688         10,158,000        —           106,907,688   

Total Investments

   $ 575,976,071       $ 10,158,000      $ —         $ 586,134,071   
                                    

Collateral for securities loaned (Liability)

   $ —         $ (96,749,688   $ —         $ (96,749,688

 

* See Schedule of Investments for additional detailed categorizations.

 

MSF-71


Table of Contents

Metropolitan Series Fund

Loomis Sayles Small Cap Growth Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stock—98.8% of Net Assets

 

Security Description   Shares     Value  

Aerospace & Defense—2.2%

   

Hexcel Corp. (a)

    154,468      $ 5,993,359   

Triumph Group, Inc.

    61,647        4,328,852   
   

 

 

 
      10,322,211   
   

 

 

 

Air Freight & Logistics—1.0%

   

XPO Logistics, Inc. (a)

    210,944        4,571,156   
   

 

 

 

Airlines—1.0%

   

Spirit Airlines, Inc. (a)

    135,093        4,629,637   
   

 

 

 

Auto Components—1.1%

   

Dorman Products, Inc. (a)

    91,969        4,557,064   

Drew Industries, Inc. (a)

    10,875        495,247   
   

 

 

 
      5,052,311   
   

 

 

 

Biotechnology—6.4%

   

Aegerion Pharmaceuticals, Inc. (a) (b)

    31,101        2,665,667   

Alkermes plc (a)

    187,743        6,311,920   

Clovis Oncology, Inc. (a)

    36,389        2,211,723   

Cubist Pharmaceuticals, Inc. (a)

    76,835        4,882,864   

Emergent Biosolutions, Inc. (a)

    186,680        3,556,254   

Exact Sciences Corp. (a) (b)

    285,809        3,375,404   

Myriad Genetics, Inc. (a) (b)

    118,199        2,777,677   

NPS Pharmaceuticals, Inc. (a) (b)

    135,595        4,313,277   
   

 

 

 
      30,094,786   
   

 

 

 

Capital Markets—2.0%

   

Artisan Partners Asset Management, Inc. (a) (b)

    81,858        4,286,085   

Financial Engines, Inc. (a) (b)

    89,024        5,291,586   
   

 

 

 
      9,577,671   
   

 

 

 

Chemicals—1.2%

   

Flotek Industries, Inc. (a) (b)

    252,771        5,813,733   
   

 

 

 

Commercial Banks—3.5%

   

Bank of the Ozarks, Inc.

    97,679        4,687,615   

Boston Private Financial Holdings, Inc.

    298,811        3,316,802   

Signature Bank (a)

    47,887        4,382,618   

SVB Financial Group (a)

    48,342        4,175,299   
   

 

 

 
      16,562,334   
   

 

 

 

Communications Equipment—1.2%

   

Ciena Corp. (a) (b)

    223,070        5,572,289   
   

 

 

 

Construction & Engineering—0.8%

   

MasTec, Inc. (a) (b)

    130,176        3,944,333   
   

 

 

 

Consumer Finance—1.0%

   

Encore Capital Group, Inc. (a) (b)

    107,937        4,949,991   
   

 

 

 

Distributors—0.9%

   

Pool Corp. (b)

    73,157        4,106,302   
   

 

 

 

Diversified Consumer Services—3.7%

   

Bright Horizons Family Solutions, Inc. (a)

    110,327      3,953,016   

Grand Canyon Education, Inc. (a)

    211,431        8,516,441   

LifeLock, Inc. (a) (b)

    338,632        5,021,913   
   

 

 

 
      17,491,370   
   

 

 

 

Diversified Financial Services—1.1%

   

MarketAxess Holdings, Inc.

    89,223        5,356,949   
   

 

 

 

Electrical Equipment—1.6%

   

Polypore International, Inc. (a) (b)

    99,887        4,092,371   

Thermon Group Holdings, Inc. (a)

    152,367        3,521,201   
   

 

 

 
      7,613,572   
   

 

 

 

Electronic Equipment, Instruments & Components—2.9%

  

FEI Co.

    60,101        5,276,868   

IPG Photonics Corp. (a) (b)

    64,279        3,619,551   

Measurement Specialties, Inc. (a)

    91,664        4,971,855   
   

 

 

 
      13,868,274   
   

 

 

 

Energy Equipment & Services—3.0%

   

Dril-Quip, Inc. (a)

    45,686        5,242,469   

Forum Energy Technologies, Inc. (a)

    147,101        3,973,198   

Helix Energy Solutions Group, Inc. (a)

    194,063        4,923,378   
   

 

 

 
      14,139,045   
   

 

 

 

Food & Staples Retailing—1.0%

   

Susser Holdings Corp. (a) (b)

    89,730        4,769,149   
   

 

 

 

Health Care Equipment & Supplies—6.8%

  

Abaxis, Inc. (a) (b)

    94,994        3,999,247   

Analogic Corp.

    47,159        3,897,220   

Endologix, Inc. (a) (b)

    233,260        3,762,484   

Insulet Corp. (a) (b)

    131,335        4,759,580   

MAKO Surgical Corp. (a) (b)

    87,748        2,589,443   

Novadaq Technologies, Inc. (a)

    189,184        3,136,671   

Quidel Corp. (a)

    133,990        3,805,316   

Spectranetics Corp. (a)

    234,574        3,936,152   

Tornier NV (a)

    120,618        2,331,546   
   

 

 

 
      32,217,659   
   

 

 

 

Health Care Providers & Services—1.9%

  

Acadia Healthcare Co., Inc. (a) (b)

    123,584        4,872,917   

Team Health Holdings, Inc. (a)

    112,790        4,279,253   
   

 

 

 
      9,152,170   
   

 

 

 

Health Care Technology—2.2%

   

MedAssets, Inc. (a)

    249,318        6,337,664   

Medidata Solutions, Inc. (a)

    39,650        3,922,574   
   

 

 

 
      10,260,238   
   

 

 

 

Hotels, Restaurants & Leisure—2.9%

   

AFC Enterprises, Inc. (a)

    105,004        4,577,124   

Texas Roadhouse, Inc.

    165,242        4,342,560   

 

MSF-72


Table of Contents

Metropolitan Series Fund

Loomis Sayles Small Cap Growth Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stock—(Continued)

 

Security Description   Shares     Value  

Hotels, Restaurants & Leisure—(Continued)

  

Vail Resorts, Inc. (b)

    67,225      $ 4,664,071   
   

 

 

 
      13,583,755   
   

 

 

 

Insurance—1.1%

   

Amtrust Financial Services, Inc. (b)

    131,745        5,145,960   
   

 

 

 

Internet & Catalog Retail—1.0%

   

HomeAway, Inc. (a) (b)

    167,294        4,684,232   
   

 

 

 

Internet Software & Services—7.0%

   

Angie’s List, Inc. (a) (b)

    126,168        2,838,780   

Benefitfocus, Inc. (a)

    20,787        1,021,889   

Cornerstone OnDemand, Inc. (a)

    79,830        4,106,455   

CoStar Group, Inc. (a)

    34,276        5,754,940   

DealerTrack Holdings, Inc. (a)

    176,152        7,546,352   

Envestnet, Inc. (a)

    99,201        3,075,231   

OpenTable, Inc. (a) (b)

    61,092        4,275,218   

Shutterstock, Inc. (a)

    15,905        1,156,612   

Trulia, Inc. (a)

    72,827        3,425,054   
   

 

 

 
      33,200,531   
   

 

 

 

IT Services—1.7%

   

EPAM Systems, Inc. (a)

    103,470        3,569,715   

InterXion Holding NV (a)

    193,783        4,309,734   
   

 

 

 
      7,879,449   
   

 

 

 

Life Sciences Tools & Services—0.9%

  

PAREXEL International Corp. (a)

    88,861        4,463,488   
   

 

 

 

Machinery—5.3%

   

Chart Industries, Inc. (a) (b)

    49,679        6,112,504   

Manitowoc Co., Inc.

    221,150        4,330,117   

Middleby Corp. (a)

    22,263        4,650,963   

Proto Labs, Inc. (a) (b)

    63,796        4,873,377   

RBC Bearings, Inc. (a)

    77,946        5,135,862   
   

 

 

 
      25,102,823   
   

 

 

 

Oil, Gas & Consumable Fuels—4.1%

  

Diamondback Energy, Inc. (a)

    83,379        3,555,281   

Gulfport Energy Corp. (a)

    85,263        5,485,821   

Oasis Petroleum, Inc. (a)

    113,684        5,585,295   

Rosetta Resources, Inc. (a) (b)

    84,505        4,602,142   
   

 

 

 
      19,228,539   
   

 

 

 

Pharmaceuticals—0.8%

   

Pacira Pharmaceuticals, Inc. (a)

    83,365        4,009,023   
   

 

 

 

Professional Services—6.6%

   

Advisory Board Co. (a)

    116,919        6,954,342   

Corporate Executive Board Co.

    98,230        7,133,463   

Huron Consulting Group, Inc. (a)

    91,662        4,822,338   

On Assignment, Inc. (a)

    144,495        4,768,335   

WageWorks, Inc. (a)

    145,123        7,321,455   
   

 

 

 
      30,999,933   
   

 

 

 

Road & Rail—1.3%

   

Genesee & Wyoming, Inc. (a)

    66,121      6,147,269   
   

 

 

 

Semiconductors & Semiconductor Equipment—4.0%

  

Cavium, Inc. (a) (b)

    103,445        4,261,934   

Hittite Microwave Corp. (a)

    73,672        4,814,465   

Semtech Corp. (a)

    120,384        3,610,316   

Silicon Laboratories, Inc. (a)

    96,569        4,124,462   

Ultratech, Inc. (a) (b)

    64,206        1,945,442   
   

 

 

 
      18,756,619   
   

 

 

 

Software—7.8%

   

Aspen Technology, Inc. (a)

    162,617        5,618,417   

CommVault Systems, Inc. (a)

    55,466        4,871,579   

FleetMatics Group plc (a) (b)

    92,085        3,457,792   

Guidewire Software, Inc. (a) (b)

    140,511        6,619,473   

Imperva, Inc. (a)

    102,576        4,310,243   

QLIK Technologies, Inc. (a)

    152,512        5,222,011   

Ultimate Software Group, Inc. (a) (b)

    44,465        6,554,141   
   

 

 

 
      36,653,656   
   

 

 

 

Specialty Retail—5.4%

   

Asbury Automotive Group, Inc. (a)

    90,447        4,811,780   

Cabela’s, Inc. (a) (b)

    58,582        3,692,423   

Chico’s FAS, Inc.

    203,583        3,391,693   

Hibbett Sports, Inc. (a) (b)

    79,926        4,487,845   

Lumber Liquidators Holdings,
Inc. (a) (b)

    33,250        3,546,113   

Tile Shop Holdings, Inc. (a) (b)

    185,872        5,481,365   
   

 

 

 
      25,411,219   
   

 

 

 

Textiles, Apparel & Luxury Goods—2.4%

  

Deckers Outdoor Corp. (a)

    37,095        2,445,302   

Oxford Industries, Inc.

    73,571        5,001,357   

Tumi Holdings, Inc. (a) (b)

    189,192        3,812,219   
   

 

 

 
      11,258,878   
   

 

 

 

Total Common Stock
(Identified Cost $324,405,309)

      466,590,554   
   

 

 

 
Short Term Investments—28.4%   

Mutual Funds—25.9%

   

State Street Navigator Securities Lending MET Portfolio (c)

    121,981,616        121,981,616   
   

 

 

 

 

MSF-73


Table of Contents

Metropolitan Series Fund

Loomis Sayles Small Cap Growth Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Short Term Investments—(Continued)

 

Security Description   Principal
Amount
    Value  

Repurchase Agreement—2.5%

   

Fixed Income Clearing Corp. Repurchase Agreement dated 09/30/13 at 0.000% to be repurchased at $11,860,000 on 10/01/13, collateralized by $11,760,000 U.S. Treasury Note at 1.500% due 06/30/16 with a value of $12,101,781

  $ 11,860,000      $ 11,860,000   
   

 

 

 

Total Short Term Investments
(Identified Cost $133,841,616)

      133,841,616   
   

 

 

 

Total Investments—127.2%
(Identified Cost $458,246,925) (d)

      600,432,170   

Other assets and liabilities
(net)—(27.2)%

      (128,288,891
   

 

 

 
Net Assets—100.0%     $ 472,143,279   
   

 

 

 

 

(a) Non-Income Producing.
(b) All or a portion of the security was on loan. As of September 30, 2013, the market value of securities loaned was $118,185,751 and the collateral received consisted of cash in the amount of $121,981,616 The cash collateral is invested in a money market fund managed by an affiliate of the custodian.
(c) Represents investment of cash collateral received from securities lending transactions.
(d) As of September 30, 2013, the aggregate cost of investments was $458,246,925. The aggregate unrealized appreciation and depreciation of investments was $144,653,377 and $(2,468,132), respectively, resulting in net unrealized appreciation of $142,185,245.

Fair Value Hierarchy

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive if it were to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. GAAP establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1      Level 2     Level 3      Total  

Total Common Stock*

   $ 466,590,554       $ —        $ —         $ 466,590,554   
Short Term Investments           

Mutual Funds

     121,981,616         —          —           121,981,616   

Repurchase Agreement

     —           11,860,000        —           11,860,000   

Total Short Term Investments

     121,981,616         11,860,000        —           133,841,616   

Total Investments

   $ 588,572,170       $ 11,860,000      $ —         $ 600,432,170   
                                    

Collateral for securities loaned (Liability)

   $ —         $ (121,981,616   $ —         $ (121,981,616

 

* See Schedule of Investments for additional detailed categorizations.

 

MSF-74


Table of Contents

Metropolitan Series Fund

Met/Artisan Mid Cap Value Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stock—93.7% of Net Assets

 

Security Description   Shares     Value  

Aerospace & Defense—3.0%

   

L-3 Communications Holdings, Inc.

    239,100      $ 22,594,950   

Rockwell Collins, Inc.

    330,300        22,414,158   
   

 

 

 
      45,009,108   
   

 

 

 

Capital Markets—0.9%

   

Northern Trust Corp.

    237,400        12,912,186   
   

 

 

 

Commercial Banks—1.0%

   

M&T Bank Corp. (a)

    131,476        14,714,794   
   

 

 

 

Commercial Services & Supplies—1.1%

  

Republic Services, Inc.

    478,200        15,952,752   
   

 

 

 

Computers & Peripherals—1.0%

   

Lexmark International, Inc. (Class A) (a)

    466,500        15,394,500   
   

 

 

 

Construction & Engineering—2.1%

   

Jacobs Engineering Group, Inc. (b)

    537,900        31,295,022   
   

 

 

 

Diversified Consumer Services—1.8%

   

H&R Block, Inc.

    992,098        26,449,333   
   

 

 

 

Diversified Financial Services—2.5%

   

NYSE Euronext

    891,000        37,404,180   
   

 

 

 

Electric Utilities—1.4%

   

Edison International

    457,500        21,072,450   
   

 

 

 

Electrical Equipment—1.5%

   

Hubbell, Inc. (Class B)

    213,251        22,335,910   
   

 

 

 

Electronic Equipment, Instruments & Components—9.7%

  

Arrow Electronics, Inc. (b)

    767,136        37,229,110   

Avnet, Inc. (b)

    1,008,000        42,043,680   

FLIR Systems, Inc.

    1,150,700        36,131,980   

Ingram Micro, Inc. (b)

    1,297,300        29,902,765   
   

 

 

 
      145,307,535   
   

 

 

 

Energy Equipment & Services—4.3%

   

Ensco plc

    456,054        24,512,902   

McDermott International, Inc. (a) (b)

    1,935,100        14,377,793   

Patterson-UTI Energy, Inc. (a)

    1,205,800        25,780,004   
   

 

 

 
      64,670,699   
   

 

 

 

Food & Staples Retailing—2.9%

   

Kroger Co.

    994,200        40,106,028   

Sysco Corp. (a)

    92,100        2,931,543   
   

 

 

 
      43,037,571   
   

 

 

 

Health Care Equipment & Supplies—1.0%

  

Becton, Dickinson & Co.

    144,500        14,452,890   
   

 

 

 

Health Care Providers & Services—2.9%

  

CIGNA Corp.

    557,490        42,848,681   
   

 

 

 

Insurance—15.0%

   

Alleghany Corp. (b)

    90,855      37,218,751   

Allied World Assurance Co. Holdings AG

    177,277        17,619,561   

Allstate Corp.

    684,600        34,606,530   

Aon plc

    356,288        26,522,078   

Arch Capital Group, Ltd. (a) (b)

    554,500        30,015,085   

Loews Corp.

    543,300        25,393,842   

Progressive Corp.

    1,081,900        29,460,137   

Torchmark Corp.

    339,800        24,584,530   
   

 

 

 
      225,420,514   
   

 

 

 

Internet & Catalog Retail—1.1%

   

Liberty Interactive Corp. - Series A (b)

    722,048        16,946,467   
   

 

 

 

IT Services—3.2%

   

Broadridge Financial Solutions, Inc. (a)

    511,812        16,250,031   

Western Union Co. (a)

    1,732,100        32,320,986   
   

 

 

 
      48,571,017   
   

 

 

 

Leisure Equipment & Products—1.7%

   

Mattel, Inc.

    627,600        26,271,336   
   

 

 

 

Machinery—1.3%

   

Joy Global, Inc. (a)

    389,900        19,900,496   
   

 

 

 

Media—1.7%

   

Omnicom Group, Inc.

    407,700        25,864,488   
   

 

 

 

Metals & Mining—1.2%

   

Kinross Gold Corp.

    3,627,600        18,319,380   
   

 

 

 

Multi-Utilities—0.3%

   

SCANA Corp.

    86,000        3,959,440   
   

 

 

 

Multiline Retail—1.0%

   

Nordstrom, Inc. (a)

    279,034        15,681,711   
   

 

 

 

Oil, Gas & Consumable Fuels—7.9%

   

Cimarex Energy Co.

    461,000        44,440,400   

Hess Corp.

    378,400        29,265,456   

SM Energy Co.

    318,200        24,561,858   

Southwestern Energy Co. (b)

    540,100        19,648,838   
   

 

 

 
      117,916,552   
   

 

 

 

Professional Services—4.6%

   

Dun & Bradstreet Corp. (a)

    83,983        8,721,635   

Manpower, Inc.

    319,900        23,269,526   

Towers Watson & Co.

    342,300        36,612,408   
   

 

 

 
      68,603,569   
   

 

 

 

Real Estate Investment Trusts—2.0%

   

Annaly Capital Management, Inc. (a)

    880,400        10,195,032   

Hatteras Financial Corp. (a)

    1,047,700        19,602,467   
   

 

 

 
      29,797,499   
   

 

 

 

 

MSF-75


Table of Contents

Metropolitan Series Fund

Met/Artisan Mid Cap Value Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stock—(Continued)

 

Security Description

  Shares     Value  

Road & Rail—1.0%

   

Ryder System, Inc.

    247,700      $ 14,787,690   
   

 

 

 

Semiconductors & Semiconductor Equipment—6.6%

  

Analog Devices, Inc.

    744,800        35,042,840   

KLA-Tencor Corp.

    430,000        26,165,500   

Lam Research Corp. (b)

    724,100        37,066,679   
   

 

 

 
      98,275,019   
   

 

 

 

Software—3.6%

   

Autodesk, Inc. (b)

    344,000        14,162,480   

Open Text Corp. (a)

    350,900        26,194,685   

Synopsys, Inc. (b)

    376,700        14,201,590   
   

 

 

 
      54,558,755   
   

 

 

 

Specialty Retail—2.7%

   

Aaron’s, Inc.

    386,034        10,693,142   

Bed Bath & Beyond, Inc. (b)

    381,900        29,543,784   
   

 

 

 
      40,236,926   
   

 

 

 

Textiles, Apparel & Luxury Goods—1.7%

  

Coach, Inc.

    471,300        25,699,989   
   

 

 

 

Total Common Stock
(Identified Cost $998,705,130)

      1,403,668,459   
   

 

 

 
Short Term Investments—13.2%   
Security Description   Shares/
Principal
Amount
    Value  

Mutual Funds—6.5%

   

State Street Navigator Securities Lending MET Portfolio (c)

    98,145,022      $ 98,145,022   
   

 

 

 

Repurchase Agreement—6.7%

   

Fixed Income Clearing Corp. Repurchase Agreement dated 09/30/13 at 0.000% to be repurchased at $99,974,000 on 10/01/13, collateralized by $101,975,000 Federal Home Loan Bank at 0.120% due 03/28/14 with a value of $101,975,000.

  $ 99,974,000        99,974,000   
   

 

 

 

Total Short Term Investments
(Identified Cost $198,119,022)

      198,119,022   
   

 

 

 

Total Investments—106.9%
(Identified Cost $1,196,824,152) (d)

      1,601,787,481   

Other assets and liabilities
(net)—(6.9)%

      (103,850,507
   

 

 

 
Net Assets—100.0%     $ 1,497,936,974   
   

 

 

 

 

(a) All or a portion of the security was on loan. As of September 30, 2013, the market value of securities loaned was $95,245,435 and the collateral received consisted of cash in the amount of $98,145,022. The cash collateral is invested in a money market fund managed by an affiliate of the custodian.
(b) Non-Income Producing.
(c) Represents investment of cash collateral received from securities lending transactions.
(d) As of September 30, 2013, the aggregate cost of investments was $1,196,824,152. The aggregate unrealized appreciation and depreciation of investments was $432,924,714 and $(27,961,385), respectively, resulting in net unrealized appreciation of $404,963,329.

 

MSF-76


Table of Contents

Metropolitan Series Fund

Met/Artisan Mid Cap Value Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

Fair Value Hierarchy

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive if it were to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. GAAP establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1      Level 2     Level 3      Total  

Total Common Stock*

   $ 1,403,668,459       $ —        $ —         $ 1,403,668,459   
Short Term Investments           

Mutual Funds

     98,145,022         —          —           98,145,022   

Repurchase Agreement

     —           99,974,000        —           99,974,000   

Total Short Term Investments

     98,145,022         99,974,000        —           198,119,022   

Total Investments

   $ 1,501,813,481       $ 99,974,000      $ —         $ 1,601,787,481   
                                    

Collateral for Securities Loaned (Liability)

   $ —         $ (98,145,022   $ —         $ (98,145,022

 

* See Schedule of Investments for additional detailed categorizations.

 

MSF-77


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—99.3% of Net Assets

 

Security Description   Shares     Value  

Australia—5.2%

   

ABM Resources NL (a)

    145,014      $ 4,061   

Adelaide Brighton, Ltd.

    230,220        793,239   

Aditya Birla Minerals, Ltd. (a)

    49,372        16,125   

AED Oil, Ltd. (a) (b) (c)

    93,946        0   

Ainsworth Game Technology, Ltd.

    24,018        95,510   

AJ Lucas Group, Ltd. (a)

    34,363        41,697   

Alcyone Resources, Ltd. (a)

    101,457        379   

Alkane Resources, Ltd. (a)

    120,355        44,860   

Alliance Resources, Ltd. (a)

    81,385        10,614   

Altium, Ltd.

    6,736        15,956   

Altona Mining, Ltd. (a)

    67,875        9,816   

AMA Group, Ltd.

    90,664        30,538   

Amalgamated Holdings, Ltd.

    32,994        258,602   

Amcom Telecommunications, Ltd.

    108,430        189,238   

Ansell, Ltd. (d)

    64,728        1,260,903   

Antares Energy, Ltd. (a)

    111,036        51,899   

AP Eagers, Ltd.

    223        1,009   

APN News & Media, Ltd. (a) (d)

    240,460        85,467   

Aquarius Platinum, Ltd. (a)

    39,840        33,296   

Aquila Resources, Ltd. (a) (d)

    54,538        109,423   

Arafura Resources, Ltd. (a)

    91,975        8,594   

ARB Corp., Ltd.

    20,473        241,382   

Aristocrat Leisure, Ltd. (d)

    172,594        744,043   

Arrium, Ltd.

    761,674        867,248   

ASG Group, Ltd.

    59,850        22,148   

Atlantic, Ltd. (a)

    22,059        4,370   

Atlas Iron, Ltd.

    440,611        358,091   

Aurora Oil & Gas, Ltd. (a)

    197,317        614,928   

Ausdrill, Ltd. (d)

    152,607        223,426   

Ausenco, Ltd. (d)

    53,365        81,073   

Austal, Ltd. (a)

    66,437        49,678   

Austbrokers Holdings, Ltd.

    19,464        203,092   

Austin Engineering, Ltd.

    22,852        71,856   

Australian Agricultural Co., Ltd. (a)

    211,378        203,103   

Australian Infrastructure Fund, Ltd.

    269,584        4,760   

Australian Pharmaceutical Industries, Ltd.

    174,311        78,055   

Automotive Holdings Group, Ltd.

    102,926        370,553   

AVJennings, Ltd. (a)

    10,332        5,638   

AWE, Ltd. (a)

    335,940        387,127   

Bandanna Energy, Ltd. (a) (d)

    179,193        38,473   

BC Iron, Ltd.

    45,469        185,838   

Beach Energy, Ltd.

    676,773        843,092   

Berkeley Resources, Ltd. (a)

    25,720        5,160   

Billabong International, Ltd. (a)

    157,225        55,073   

Blackmores, Ltd.

    5,780        150,813   

Blackthorn Resources, Ltd. (a)

    28,882        7,670   

Boart Longyear, Ltd. (d)

    232,690        94,514   

Boom Logistics, Ltd. (a)

    73,674        13,533   

Bradken, Ltd. (d)

    90,619        478,022   

Breville Group, Ltd.

    35,288        288,088   

Brickworks, Ltd.

    4,295        54,574   

BT Investment Management, Ltd.

    11,643        46,872   

Buccaneer Energy, Ltd. (a)

    246,364        14,851   

Buru Energy, Ltd. (a)

    49,458        77,814   

Cabcharge Australia, Ltd. (d)

    55,813        192,692   

Cape Lambert Resources, Ltd. (a)

    97,229        11,795   

Capral, Ltd. (a)

    136,176        26,288   

Australia—(Continued)

   

Cardno, Ltd. (d)

    46,504      269,457   

Carnarvon Petroleum, Ltd. (a)

    251,902        15,232   

carsales.com, Ltd.

    63,272        676,321   

Cash Converters International, Ltd.

    139,149        168,957   

Cedar Woods Properties, Ltd.

    26,836        186,524   

Ceramic Fuel Cells, Ltd. (a)

    142,981        5,470   

Chalice Gold Mines, Ltd. (a)

    25,904        4,244   

Chandler Macleod Group, Ltd.

    16,111        6,848   

Citigold Corp., Ltd. (a)

    104,691        4,924   

Clinuvel Pharmaceuticals, Ltd. (a)

    8,760        13,179   

Clough, Ltd.

    123,906        168,813   

Coal of Africa, Ltd. (a)

    133,534        16,817   

Coalspur Mines, Ltd. (a) (d)

    94,441        25,168   

Cockatoo Coal, Ltd. (a)

    292,461        16,963   

Codan, Ltd.

    48,344        87,217   

Coffey International, Ltd. (a)

    63,637        13,362   

Collection House, Ltd.

    19,217        33,181   

Collins Foods, Ltd.

    4,975        7,866   

Comet Ridge, Ltd. (a)

    6,288        887   

Cooper Energy, Ltd. (a)

    123,859        47,456   

Coventry Group, Ltd.

    2,905        7,660   

Credit Corp. Group, Ltd.

    13,415        119,430   

Crowe Horwath Australasia, Ltd.

    93,561        55,427   

CSG, Ltd. (a)

    35,179        32,978   

CSR, Ltd. (d)

    282,278        645,492   

Cudeco, Ltd. (a) (d)

    51,210        103,146   

Cue Energy Resources, Ltd. (a)

    171,183        21,372   

Data #3, Ltd.

    55,471        60,033   

David Jones, Ltd. (d)

    263,552        710,722   

Decmil Group, Ltd. (d)

    78,776        165,410   

Deep Yellow, Ltd. (a)

    271,919        5,075   

Devine, Ltd. (a)

    46,180        49,037   

Discovery Metals, Ltd. (a) (d)

    117,087        10,602   

Domino’s Pizza Enterprises, Ltd.

    14,539        185,073   

Downer EDI, Ltd.

    238,347        997,139   

Drillsearch Energy, Ltd. (a)

    215,714        245,570   

DuluxGroup, Ltd.

    183,163        902,244   

DWS, Ltd.

    36,847        52,610   

Echo Entertainment Group, Ltd.

    32,368        83,685   

Elders, Ltd. (a) (d)

    150,466        15,506   

Elemental Minerals, Ltd. (a)

    26,469        14,189   

Emeco Holdings, Ltd.

    314,914        69,400   

Empire Oil & Gas NL (a)

    591,457        8,552   

Energy Resources of Australia, Ltd. (a)

    40,323        52,210   

Energy World Corp., Ltd. (a)

    389,239        176,132   

Envestra, Ltd.

    514,190        525,361   

Equatorial Resources, Ltd. (a)

    18,658        10,618   

Equity Trustees, Ltd.

    452        7,504   

ERM Power, Ltd.

    5,396        13,090   

eServGlobal, Ltd. (a)

    43,068        21,094   

Ethane Pipeline Income Fund

    3,869        6,535   

Euroz, Ltd.

    21,953        23,350   

Evolution Mining, Ltd.

    113,688        89,718   

Fairfax Media, Ltd. (d)

    944,011        472,127   

Fantastic Holdings, Ltd.

    1,151        2,588   

FAR, Ltd. (a)

    882,955        36,293   

Finbar Group, Ltd.

    6,909        9,218   

 

MSF-78


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Australia—(Continued)

   

FKP Property Group

    98,519      $ 126,893   

Fleetwood Corp., Ltd.

    30,946        103,989   

FlexiGroup, Ltd.

    50,884        206,053   

Flinders Mines, Ltd. (a)

    606,380        22,638   

Focus Minerals, Ltd. (a)

    1,919,942        23,272   

Forge Group, Ltd.

    21,614        106,022   

Funtastic, Ltd.

    88,662        12,875   

G8 Education, Ltd. (d)

    58,760        195,830   

Galaxy Resources, Ltd. (a)

    75,661        4,164   

Geodynamics, Ltd. (a)

    82,317        8,063   

Gindalbie Metals, Ltd. (a) (d)

    346,087        43,423   

Global Construction Services, Ltd.

    9,380        4,689   

Goodman Fielder, Ltd.

    1,046,927        693,541   

GrainCorp, Ltd. - Class A

    92,744        1,068,693   

Grange Resources, Ltd.

    120,000        21,277   

Greencross, Ltd.

    653        3,686   

Greenland Minerals & Energy, Ltd. (a)

    69,811        16,291   

Gryphon Minerals, Ltd. (a) (d)

    118,469        16,185   

GUD Holdings, Ltd. (d)

    44,683        253,479   

Gujarat NRE Coking Coal, Ltd. (a)

    19,871        1,668   

Gunns, Ltd. (a) (b) (c) (d)

    309,759        0   

GWA Group, Ltd.

    136,751        387,877   

Hansen Technologies, Ltd.

    17,614        16,599   

HFA Holdings, Ltd.

    45,623        32,350   

Highlands Pacific, Ltd. (a)

    173,904        10,223   

Hillgrove Resources, Ltd. (a)

    207,073        14,123   

Hills Holdings, Ltd.

    58,336        100,674   

Horizon Oil, Ltd. (a) (d)

    652,736        200,980   

Icon Energy, Ltd. (a)

    157,110        23,456   

IDM International, Ltd. (a) (b) (c)

    49,237        1,791   

iiNET, Ltd.

    65,072        374,010   

Imdex, Ltd.

    98,650        81,044   

IMF Australia, Ltd. (d)

    25,755        45,228   

Independence Group NL

    108,194        398,051   

Indophil Resources NL (a)

    149,398        23,694   

Infigen Energy, Ltd. (a) (d)

    282,132        78,971   

Infomedia, Ltd.

    67,545        37,726   

Inova Resources, Ltd. (a)

    35,764        7,006   

Integrated Research, Ltd.

    28,972        25,001   

Intrepid Mines, Ltd. (a) (d)

    177,715        43,920   

Invocare, Ltd.

    50,327        526,854   

IOOF Holdings, Ltd.

    105,838        821,962   

Iress, Ltd.

    67,088        568,999   

Iron Ore Holdings, Ltd. (a)

    17,526        15,046   

JB Hi-Fi, Ltd. (d)

    47,695        932,423   

Jumbo Interactive, Ltd.

    17,427        35,628   

Jupiter Mines, Ltd. (a)

    63,164        4,497   

K&S Corp., Ltd.

    1,802        3,087   

Kagara, Ltd. (a) (b) (c) (d)

    131,297        14,698   

Kangaroo Resources, Ltd. (a)

    305,630        4,847   

Karoon Gas Australia, Ltd. (a)

    75,600        362,726   

Kingsgate Consolidated, Ltd. (d)

    54,831        87,681   

Kingsrose Mining, Ltd. (a)

    83,494        31,175   

Linc Energy, Ltd. (a) (d)

    152,753        206,972   

Liquefied Natural Gas, Ltd. (a)

    11,253        2,521   

Lycopodium, Ltd.

    6,953        30,034   

M2 Telecommunications Group, Ltd. (d)

    68,326        387,075   

Australia—(Continued)

   

MACA, Ltd.

    65,585      151,262   

Macmahon Holdings, Ltd. (a)

    557,730        62,446   

Macquarie Atlas Roads Group

    97,706        223,372   

Macquarie Telecom Group, Ltd.

    3,983        29,581   

Mastermyne Group, Ltd.

    5,402        4,914   

Matrix Composites & Engineering, Ltd. (a)

    14,874        10,066   

Maverick Drilling & Exploration, Ltd. (a)

    35,970        11,048   

MaxiTRANS Industries, Ltd.

    59,013        72,965   

Mayne Pharma Group, Ltd. (a)

    27,226        16,383   

McPherson’s, Ltd. (d)

    34,460        47,223   

Medusa Mining, Ltd. (a)

    56,708        118,059   

Melbourne IT, Ltd.

    36,135        57,622   

MEO Australia, Ltd. (a)

    220,030        13,756   

Mermaid Marine Australia, Ltd.

    116,821        403,370   

Metals X, Ltd. (a)

    199,551        25,124   

Metgasco, Ltd. (a)

    117,719        13,686   

Metminco, Ltd. (a)

    116,326        4,558   

MHM Metals, Ltd. (a)

    19,739        1,584   

Miclyn Express Offshore, Ltd.

    63,229        123,881   

Mincor Resources NL

    105,687        53,752   

Mineral Deposits, Ltd. (a)

    38,738        100,547   

Mineral Resources, Ltd.

    59,462        604,766   

Mirabela Nickel, Ltd. (a) (d)

    149,321        2,081   

Molopo Energy, Ltd. (a)

    70,758        13,514   

Monadelphous Group, Ltd. (d)

    40,048        716,771   

Morning Star Gold NL (a) (b) (c)

    33,455        3,433   

Mortgage Choice, Ltd.

    46,109        119,141   

Mount Gibson Iron, Ltd.

    439,215        301,617   

Myer Holdings, Ltd. (d)

    289,176        704,597   

MyState, Ltd.

    2,711        11,786   

Nanosonics, Ltd. (a)

    44,660        34,185   

Navitas, Ltd.

    86,409        500,755   

Neon Energy, Ltd. (a)

    259,085        82,157   

Newsat, Ltd. (a)

    113,333        48,625   

Nexus Energy, Ltd. (a)

    625,142        45,050   

NIB Holdings, Ltd.

    238,467        483,151   

Nido Petroleum, Ltd. (a)

    522,236        21,984   

Noble Mineral Resources, Ltd. (a) (b) (c)

    83,737        703   

Northern Iron, Ltd. (a)

    90,404        15,588   

Northern Star Resources, Ltd.

    163,091        130,172   

NRW Holdings, Ltd.

    136,288        185,198   

Nufarm, Ltd. (d)

    92,426        409,912   

Oakton, Ltd.

    44,988        64,664   

Orocobre, Ltd. (a)

    20,107        42,799   

OrotonGroup, Ltd. (d)

    11,425        62,667   

Otto Energy, Ltd. (a)

    308,140        30,196   

OZ Minerals, Ltd. (d)

    101,407        419,397   

Pacific Brands, Ltd.

    621,651        437,913   

Paladin Energy, Ltd. (a) (d)

    473,815        214,418   

Pan Pacific Petroleum NL (a)

    55,564        5,704   

PanAust, Ltd.

    176,892        348,545   

Panoramic Resources, Ltd.

    120,821        30,851   

PaperlinX, Ltd. (a)

    340,846        18,124   

Patties Foods, Ltd.

    33,186        41,954   

Peak Resources, Ltd. (a)

    34,546        3,707   

Peet, Ltd. (a)

    110,439        143,184   

Peninsula Energy, Ltd. (a)

    454,116        11,371   

 

MSF-79


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Australia—(Continued)

   

Perilya, Ltd. (a)

    95,807      $ 28,635   

Perpetual, Ltd.

    18,730        685,940   

Perseus Mining, Ltd. (a)

    160,823        85,036   

Pharmaxis, Ltd. (a) (d)

    132,843        16,141   

Phosphagenics, Ltd. (a)

    345,965        27,120   

Platinum Australia, Ltd. (a) (b)

    116,796        3,740   

Pluton Resources, Ltd. (a)

    48,332        3,278   

PMP, Ltd. (a)

    158,703        48,850   

Premier Investments, Ltd.

    44,992        363,241   

Primary Health Care, Ltd. (d)

    224,678        1,010,556   

Prime Media Group, Ltd.

    32,717        32,612   

PrimeAg Australia, Ltd. (a)

    21,007        8,240   

Programmed Maintenance Services, Ltd.

    67,178        176,110   

Quickstep Holdings, Ltd. (a)

    31,204        6,298   

Ramelius Resources, Ltd. (a) (d)

    155,944        22,586   

RCG Corp., Ltd. (d)

    51,116        32,656   

RCR Tomlinson, Ltd.

    68,177        227,841   

REA Group, Ltd.

    34,313        1,209,797   

Reckon, Ltd.

    46,318        93,753   

Red Fork Energy, Ltd. (a) (d)

    237,685        103,079   

Redflex Holdings, Ltd.

    19,984        21,537   

Regional Express Holdings, Ltd.

    9,952        9,703   

Regis Resources, Ltd. (a)

    122,705        460,561   

Reject Shop, Ltd. (The) (d)

    15,046        245,639   

Resolute Mining, Ltd.

    248,330        151,180   

Resource and Investment NL (a)

    25,941        1,791   

Resource Generation, Ltd. (a)

    58,515        12,541   

Retail Food Group, Ltd. (d)

    54,938        220,506   

Rex Minerals, Ltd. (a)

    42,465        21,239   

Rialto Energy, Ltd. (a)

    162,011        3,778   

Ridley Corp., Ltd. (a)

    123,003        95,251   

Roc Oil Co., Ltd. (a)

    416,062        192,261   

RungePincockMinarco, Ltd. (a)

    4,190        2,289   

Ruralco Holdings, Ltd.

    5,756        18,019   

SAI Global, Ltd.

    101,064        419,294   

Salmat, Ltd.

    45,807        88,198   

Samson Oil & Gas, Ltd. (a)

    581,639        13,595   

Sandfire Resources NL (a) (d)

    34,756        207,894   

Santana Minerals, Ltd. (a)

    8,860        1,156   

Saracen Mineral Holdings, Ltd. (a)

    238,931        51,349   

Sedgman, Ltd.

    48,829        34,622   

Select Harvests, Ltd.

    8,158        34,558   

Senex Energy, Ltd. (a)

    409,015        280,579   

Servcorp, Ltd.

    18,320        64,271   

Service Stream, Ltd.

    56,942        9,031   

Sigma Pharmaceuticals, Ltd.

    621,692        336,570   

Sihayo Gold, Ltd. (a)

    181,026        5,726   

Silex Systems, Ltd. (a)

    28,112        72,947   

Silver Chef, Ltd.

    6,956        53,331   

Silver Lake Resources, Ltd. (a) (d)

    112,092        82,703   

Sims Metal Management, Ltd. (a)

    68,785        612,365   

Sirtex Medical, Ltd.

    14,910        189,337   

Skilled Group, Ltd.

    87,824        286,410   

Slater & Gordon, Ltd.

    29,921        101,840   

SMS Management & Technology,
Ltd. (d)

    42,700        180,886   

Southern Cross Electrical Engineering, Ltd.

    22,440        26,501   

Southern Cross Media Group, Ltd.

    328,410        540,928   

Australia—(Continued)

   

Spark Infrastructure Group

    98,224      152,125   

Specialty Fashion Group, Ltd.

    57,983        49,785   

St. Barbara, Ltd. (a) (d)

    192,892        101,978   

Starpharma Holdings, Ltd. (a)

    81,789        78,614   

Straits Resources, Ltd. (a) (d)

    39,613        594   

Strike Energy, Ltd. (a)

    163,211        13,854   

STW Communications Group, Ltd.

    173,873        265,264   

Sundance Energy Australia, Ltd. (a)

    78,828        77,255   

Sundance Resources, Ltd. (a)

    819,104        55,809   

Sunland Group, Ltd.

    73,931        116,555   

Super Retail Group, Ltd.

    55,983        677,975   

Swick Mining Services, Ltd.

    56,563        19,525   

Talon Petroleum, Ltd. (a)

    28,216        975   

Tanami Gold NL (a)

    108,623        5,474   

Tap Oil, Ltd. (a)

    148,197        80,203   

Tassal Group, Ltd.

    60,399        172,870   

Technology One, Ltd.

    76,451        146,227   

Ten Network Holdings, Ltd. (a) (d)

    750,180        203,033   

Teranga Gold Corp. (a)

    26,882        17,683   

TFS Corp., Ltd. (a) (d)

    78,407        57,826   

Thorn Group, Ltd.

    71,456        154,091   

Tiger Resources, Ltd. (a)

    363,534        103,480   

Toro Energy, Ltd. (a)

    75,052        5,973   

Tox Free Solutions, Ltd.

    76,909        234,081   

TPG Telecom, Ltd.

    201,335        815,233   

Transfield Services, Ltd.

    248,514        259,803   

Transpacific Industries Group, Ltd. (a)

    508,869        466,764   

Treasury Group, Ltd.

    2,264        19,408   

Troy Resources, Ltd. (a) (d)

    41,952        59,821   

Trust Co., Ltd. (The)

    3,656        25,026   

UGL, Ltd. (d)

    25,500        197,721   

Unity Mining, Ltd. (a)

    173,949        11,902   

UXC, Ltd.

    144,893        147,444   

Village Roadshow, Ltd.

    26,642        160,568   

Virgin Australia Holdings, Ltd. (a)

    968,773        388,669   

Virgin Australia International Holding, Ltd. (b) (c)

    968,773        1   

Vision Eye Institute, Ltd. (a)

    37,056        24,216   

Vocus Communications, Ltd.

    20,320        50,434   

Warrnambool Cheese & Butter Factory Co. Holding, Ltd.

    16,058        91,742   

Watpac, Ltd. (a)

    37,999        27,473   

WDS, Ltd.

    55,558        41,986   

Webjet, Ltd. (d)

    22,295        79,666   

Western Areas, Ltd. (d)

    69,013        184,180   

Western Desert Resources, Ltd. (a)

    64,456        40,877   

White Energy Co., Ltd. (a) (d)

    78,162        13,436   

Wide Bay Australia, Ltd.

    9,275        42,744   

Wotif.com Holdings, Ltd. (d)

    50,265        220,438   
   

 

 

 
      50,176,290   
   

 

 

 

Austria—0.9%

   

A-TEC Industries AG (a) (b) (c) (d)

    1,749        0   

Agrana Beteiligungs AG

    1,694        213,033   

Atrium European Real Estate, Ltd.

    114,274        647,066   

Austria Technologie & Systemtechnik AG (d)

    8,022        74,778   

CA Immobilien Anlagen AG (a)

    22,098        320,809   

 

MSF-80


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Austria—(Continued)

   

DO & Co. AG

    638      $ 28,610   

EVN AG (d)

    20,562        314,293   

Flughafen Wien AG

    6,864        464,646   

Frauenthal Holding AG

    270        3,185   

Intercell AG (a) (b) (c)

    24,163        0   

Kapsch TrafficCom AG (d)

    3,069        152,119   

Lenzing AG

    5,322        395,261   

Mayr Melnhof Karton AG

    4,652        502,782   

Oberbank AG

    174        11,273   

Oesterreichische Post AG

    18,004        818,472   

Palfinger AG

    7,563        295,833   

POLYTEC Holding AG

    10,783        94,657   

RHI AG (d)

    14,831        490,192   

Rosenbauer International AG

    1,972        154,747   

S IMMO AG (a)

    35,979        225,367   

Schoeller-Bleckmann Oilfield Equipment AG

    5,616        664,455   

Semperit AG Holding

    6,630        305,050   

Strabag SE

    10,968        273,610   

Telekom Austria AG

    7,113        59,717   

Uniqa Insurance Group AG

    8,215        96,775   

Wienerberger AG (d)

    71,414        1,253,952   

Wolford AG (a)

    1,065        28,816   

Zumtobel AG

    19,568        315,123   
   

 

 

 
      8,204,621   
   

 

 

 

Belgium—1.1%

   

Ablynx NV (a)

    16,588        179,424   

Ackermans & van Haaren NV

    14,601        1,494,634   

AGFA-Gevaert NV (a)

    125,762        289,277   

AGFA-Gevaert NV (VVPR Strip) (a) (b) (c)

    21,666        0   

Arseus NV

    13,446        381,351   

Atenor Group

    1,048        46,775   

Banque Nationale de Belgique

    124        451,420   

Barco NV

    8,211        649,864   

Cie d’Entreprises CFE

    5,563        424,069   

Cie Maritime Belge S.A.

    8,912        247,932   

D’ieteren S.A.

    13,290        616,984   

Deceuninck NV (a)

    49,164        92,459   

Deceuninck NV (VVPR Strip) (a) (b) (c)

    17,412        0   

Econocom Group

    30,429        259,457   

Elia System Operator S.A.

    16,162        719,426   

Euronav NV (a)

    11,523        74,998   

EVS Broadcast Equipment S.A.

    8,288        534,824   

Exmar NV

    17,359        220,815   

Galapagos NV (a)

    16,401        346,168   

Gimv NV

    250        12,353   

Hamon & CIE S.A. (a)

    300        6,167   

Immobel

    1,054        53,372   

Ion Beam Applications (a)

    11,487        96,363   

Jensen-Group NV

    738        10,523   

Kinepolis Group NV

    2,580        369,435   

Lotus Bakeries

    161        144,000   

Melexis NV

    13,858        370,321   

Mobistar S.A.

    1,689        28,753   

NV Bekaert S.A.

    18,666        697,596   

Nyrstar (a) (d)

    85,533        412,062   

Belgium—(Continued)

   

Nyrstar (VVPR Strip) (a) (b) (c)

    23,989      0   

Picanol (a)

    1,699        60,451   

RealDolmen NV (a)

    1,200        27,169   

Recticel S.A.

    13,561        91,748   

Rentabiliweb Group (a)

    440        3,007   

Resilux

    55        5,574   

RHJ International (a)

    2,453        12,878   

Roularta Media Group NV (a)

    1,629        24,035   

Sioen Industries NV

    5,558        57,516   

Sipef S.A.

    3,850        262,299   

Tessenderlo Chemie NV (d)

    16,495        418,688   

Tessenderlo Chemie NV (VVPR
Strip) (a) (b) (c) (d)

    1,346        0   

ThromboGenics NV (a) (d)

    18,561        481,877   

Van de Velde NV

    5,079        237,115   
   

 

 

 
      10,913,179   
   

 

 

 

Canada—8.6%

   

5N Plus, Inc. (a) (d)

    33,732        82,852   

Aastra Technologies, Ltd.

    4,512        92,513   

Aberdeen International, Inc. (a)

    9,500        1,430   

Absolute Software Corp.

    23,754        167,423   

Acadian Timber Corp. (d)

    3,800        45,708   

Advantage Oil & Gas, Ltd. (a)

    117,131        450,307   

Aecon Group, Inc.

    40,222        545,509   

AG Growth International, Inc. (d)

    7,238        272,993   

AGF Management, Ltd. - Class B (d)

    66,450        822,521   

AgJunction, Inc. (a)

    12,375        12,374   

Ainsworth Lumber Co., Ltd. (a) (d)

    57,353        220,492   

Air Canada - Class A (a)

    15,459        53,128   

Akita Drilling, Ltd. - Class A

    2,003        29,071   

Alacer Gold Corp. (d)

    25,950        77,846   

Alamos Gold, Inc. (d)

    69,532        1,080,056   

Alaris Royalty Corp. (d)

    6,854        238,215   

Alexco Resource Corp. (a) (d)

    29,109        41,824   

Algoma Central Corp.

    4,410        65,076   

Algonquin Power & Utilities Corp. (d)

    93,226        573,810   

Alliance Grain Traders, Inc.

    7,901        113,984   

Alterra Power Corp. (a) (d)

    168,776        49,156   

Altius Minerals Corp. (a) (d)

    9,660        104,754   

Altus Group, Ltd.

    14,488        178,630   

Amerigo Resources, Ltd.

    44,359        17,226   

Amica Mature Lifestyles, Inc.

    11,291        98,654   

Anderson Energy, Ltd. (a)

    46,999        6,388   

Andrew Peller, Ltd. - Class A

    1,139        15,260   

Angle Energy, Inc. (a) (d)

    51,558        139,650   

Antrim Energy, Inc. (a)

    58,587        4,550   

Argonaut Gold, Inc. (a)

    37,825        221,064   

Arsenal Energy, Inc.

    8,955        43,382   

Asanko Gold, Inc. (a)

    23,027        53,876   

Atna Resources, Ltd. (a)

    45,732        6,882   

Atrium Innovations, Inc. (a) (d)

    14,800        251,444   

ATS Automation Tooling Systems, Inc. (a)

    47,088        629,943   

Augusta Resource Corp. (a) (d)

    16,090        32,959   

Aura Minerals, Inc. (a)

    49,179        4,297   

AuRico Gold, Inc.

    119,571        456,205   

 

MSF-81


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Canada—(Continued)

   

AutoCanada, Inc. (d)

    10,728      $ 384,835   

Avalon Rare Metals, Inc. (a)

    28,205        26,561   

Axia NetMedia Corp. (a)

    32,333        62,152   

B2Gold Corp. (a)

    148,473        370,444   

Badger Daylighting, Ltd.

    6,254        396,047   

Ballard Power Systems, Inc. (a) (d)

    58,407        102,633   

Bankers Petroleum, Ltd. (a) (d)

    167,493        629,288   

Bauer Performance Sports, Ltd. (a)

    12,635        157,255   

Bellatrix Exploration, Ltd. (a)

    61,713        469,715   

Bengal Energy, Ltd. (a)

    9,533        6,201   

Birchcliff Energy, Ltd. (a) (d)

    58,552        399,612   

Bird Construction, Inc. (d)

    9,212        112,774   

Black Diamond Group, Ltd. (d)

    19,812        473,542   

BlackPearl Resources, Inc. (a) (d)

    117,817        215,034   

BMTC Group, Inc. - Class A

    5,387        67,936   

BNK Petroleum, Inc. (a)

    16,642        19,711   

Bonterra Energy Corp. (d)

    6,543        356,799   

Boralex, Inc. - Class A (a) (d)

    13,002        132,917   

Brigus Gold Corp. (a) (d)

    90,920        54,726   

Brookfield Real Estate Services, Inc.

    800        10,485   

Brookfield Residential Properties, Inc. (a) (d)

    8,385        194,148   

Burcon NutraScience Corp. (a)

    6,010        17,854   

Calfrac Well Services, Ltd.

    20,075        610,016   

Calian Technologies, Ltd.

    4,196        83,427   

Calvalley Petroleums, Inc. - Class A (a)

    19,422        29,226   

Canaccord Financial, Inc. (d)

    54,653        351,778   

Canacol Energy, Ltd. (a) (d)

    32,061        137,264   

Canada Bread Co., Ltd.

    139        7,924   

Canada Lithium Corp. (a)

    230,227        107,285   

Canadian Energy Services & Technology Corp. (d)

    23,479        390,918   

Canadian Western Bank (d)

    28,887        867,129   

Canam Group, Inc. (a)

    22,324        206,758   

CanElson Drilling, Inc.

    27,317        169,198   

Canexus Corp. (d)

    60,655        443,997   

Canfor Corp. (a)

    48,900        1,104,232   

Canfor Pulp Products, Inc. (d)

    21,696        207,050   

Cangene Corp. (a)

    11,169        24,939   

CanWel Building Materials Group, Ltd.

    28,809        77,753   

Canyon Services Group, Inc.

    31,600        360,161   

Capital Power Corp. (d)

    42,008        867,036   

Capstone Infrastructure Corp.

    49,417        184,705   

Capstone Mining Corp. (a)

    178,046        428,672   

Cardero Resource Corp. (a) (d)

    17,277        2,684   

Carpathian Gold, Inc. (a)

    84,878        11,536   

Cascades, Inc. (d)

    46,236        268,874   

Cash Store Financial Services, Inc. (The) (a)

    3,705        6,079   

Cathedral Energy Services, Ltd.

    19,242        96,205   

CCL Industries, Inc. - Class B

    13,368        886,787   

Celestica, Inc. (a)

    100,007        1,101,058   

Centerra Gold, Inc.

    11,589        54,229   

Cequence Energy, Ltd. (a) (d)

    86,636        132,891   

Cervus Equipment Corp.

    1,370        27,651   

China Gold International Resources Corp., Ltd. (a)

    88,813        251,768   

Chinook Energy, Inc. (a)

    15,717        13,427   

Churchill Corp. - Class A (d)

    11,157        98,567   

Canada—(Continued)

   

Cineplex, Inc. (d)

    27,567      1,022,606   

Clairvest Group, Inc.

    200        4,340   

Clarke, Inc.

    1,730        10,312   

Claude Resources, Inc. (a)

    78,467        18,664   

CML HealthCare, Inc. (d)

    46,458        484,403   

Cogeco Cable, Inc.

    9,471        445,391   

Cogeco, Inc.

    2,004        89,495   

Colabor Group, Inc.

    9,830        40,750   

COM DEV International, Ltd. (a)

    44,065        175,824   

Computer Modelling Group, Ltd.

    14,060        328,961   

Connacher Oil and Gas, Ltd. (a)

    280,466        54,457   

Contrans Group, Inc. - Class A

    15,374        179,703   

Copper Mountain Mining Corp. (a) (d)

    57,011        97,412   

Corby Distilleries, Ltd. - Class A (d)

    11,141        222,809   

Corridor Resources, Inc. (a)

    21,385        16,609   

Corus Entertainment, Inc. - B Shares (d)

    42,940        1,032,177   

Cott Corp.

    56,748        435,781   

Crew Energy, Inc. (a)

    69,029        373,945   

Crocotta Energy, Inc. (a)

    41,143        109,842   

Davis & Henderson Corp. (d)

    33,588        878,137   

DeeThree Exploration, Ltd. (a)

    46,204        409,985   

Delphi Energy Corp. (a)

    95,850        148,886   

Denison Mines Corp. (a) (d)

    247,548        273,972   

Descartes Systems Group, Inc. (The) (a)

    34,536        396,148   

DHX Media, Ltd.

    35,825        120,686   

DirectCash Payments, Inc.

    5,874        96,089   

Dominion Diamond Corp. (a)

    43,482        531,211   

Dorel Industries, Inc. - Class B

    13,456        489,879   

DragonWave, Inc. (a)

    18,544        36,546   

Duluth Metals, Ltd. (a) (d)

    31,662        36,271   

Dundee Precious Metals, Inc. (a)

    59,580        329,699   

Dynasty Metals & Mining, Inc. (a)

    8,618        4,685   

E-L Financial Corp., Ltd.

    217        137,146   

Eastern Platinum, Ltd. (a)

    420,034        26,506   

Eastmain Resources, Inc. (a)

    625        200   

easyhome, Ltd.

    2,000        26,989   

Eco Oro Minerals Corp. (a)

    16,900        9,024   

EcoSynthetix, Inc. (a)

    800        2,843   

EGI Financial Holdings, Inc. (a)

    900        11,359   

Enbridge Income Fund Holdings, Inc. (d)

    25,948        594,004   

Endeavour Mining Corp. (a)

    114,590        75,648   

Endeavour Silver Corp. (a)

    38,900        166,922   

Enerflex, Ltd.

    10,930        147,389   

Energy Fuels, Inc. (a) (d)

    206,297        32,045   

Enghouse Systems, Ltd.

    8,477        214,877   

Entree Gold, Inc. (a)

    15,350        4,471   

Epsilon Energy, Ltd. (a)

    27,905        90,213   

Equal Energy, Ltd.

    10,687        50,112   

Equitable Group, Inc.

    5,801        249,206   

Equity Financial Holdings, Inc. (a)

    1,100        13,723   

Essential Energy Services Trust (a)

    68,226        182,810   

Evertz Technologies, Ltd.

    14,549        225,993   

Excellon Resources, Inc. (a)

    21,284        37,607   

Exchange Income Corp. (d)

    9,565        218,406   

Exco Technologies, Ltd.

    13,332        83,742   

Exeter Resource Corp. (a)

    11,335        9,244   

EXFO, Inc. (a) (d)

    15,843        85,979   

 

MSF-82


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Canada—(Continued)

   

Extendicare Inc. (d)

    45,167      $ 288,967   

Fiera Capital Corp.

    1,403        15,650   

Firm Capital Mortgage Investment Corp.

    2,307        26,876   

First National Financial Corp.

    5,807        106,607   

FirstService Corp. (d)

    12,580        488,031   

Forsys Metals Corp. (a)

    25,356        8,616   

Fortress Paper, Ltd. - Class A (a) (d)

    7,338        50,081   

Fortuna Silver Mines, Inc. (a) (d)

    78,401        286,188   

Fortune Minerals, Ltd. (a)

    11,100        3,556   

Gamehost, Inc.

    7,859        106,816   

Gasfrac Energy Services, Inc. (a)

    6,993        10,591   

Genesis Land Development Corp. (a)

    17,608        60,685   

Genivar, Inc. (d)

    18,898        487,471   

Genworth MI Canada, Inc.

    17,697        497,725   

Glacier Media, Inc.

    9,600        11,836   

Glentel, Inc.

    7,499        108,621   

GLG Life Tech Corp. (a)

    3,198        2,608   

Gluskin Sheff + Associates, Inc.

    10,189        187,745   

GLV, Inc. - Class A (a)

    12,735        38,327   

GMP Capital, Inc. (d)

    40,036        249,533   

Golden Star Resources, Ltd. (a) (d)

    142,170        58,660   

Gran Tierra Energy, Inc. (a)

    157,209        1,115,672   

Great Canadian Gaming Corp. (a)

    32,000        355,400   

Great Panther Silver, Ltd. (a)

    67,206        58,068   

Guyana Goldfields, Inc. (a)

    41,155        90,297   

Hanfeng Evergreen, Inc. (a)

    12,100        9,633   

Heroux-Devtek, Inc.

    15,800        145,108   

High Liner Foods, Inc.

    2,800        98,675   

HNZ Group, Inc. (d)

    5,368        117,361   

Home Capital Group, Inc. (d)

    13,384        935,925   

Horizon North Logistics, Inc. (d)

    56,814        400,437   

HudBay Minerals, Inc.

    106,334        870,245   

IBI Group, Inc. (d)

    1,600        2,982   

Imax Corp. (a)

    20,424        615,664   

Imperial Metals Corp. (a)

    23,826        286,823   

Imris, Inc. (a)

    14,626        23,145   

Indigo Books & Music, Inc.

    1,986        20,245   

Innergex Renewable Energy, Inc. (d)

    40,252        341,930   

International Forest Products, Ltd. - Class A (a)

    35,592        411,534   

International Minerals Corp.

    15,698        40,386   

International Tower Hill Mines, Ltd. (a)

    21,604        6,816   

Intertape Polymer Group, Inc.

    30,446        439,229   

Ithaca Energy, Inc. (a)

    146,116        358,889   

Ivanhoe Energy, Inc. (a) (d)

    44,568        36,345   

Ivernia, Inc. (a)

    71,989        8,387   

Jaguar Mining, Inc. (a) (d)

    44,308        8,603   

Just Energy Group, Inc. (d)

    67,734        430,715   

K-Bro Linen, Inc.

    4,038        128,543   

KAB Distribution, Inc. (a) (b) (c)

    3,622        0   

Katanga Mining, Ltd. (a)

    26,500        14,664   

Kelt Exploration, Ltd. (a)

    16,500        134,396   

Killam Properties, Inc. (d)

    31,951        338,416   

Kingsway Financial Services, Inc. (a)

    8,765        24,507   

Kirkland Lake Gold, Inc. (a) (d)

    26,382        88,875   

Labrador Iron Mines Holdings, Ltd. (a)

    13,799        5,760   

Lake Shore Gold Corp. (a) (d)

    187,975        73,909   

Laramide Resources, Ltd. (a)

    6,531        3,360   

Canada—(Continued)

   

Laurentian Bank of Canada

    21,718      943,317   

Le Chateau, Inc. - Class A (a) (d)

    2,899        10,442   

Legacy Oil + Gas, Inc. (a)

    78,837        506,675   

Leisureworld Senior Care Corp. (d)

    19,276        197,803   

Leon’s Furniture, Ltd.

    13,469        169,989   

Lightstream Resources, Ltd. (d)

    108,373        780,669   

Linamar Corp.

    27,000        904,587   

Liquor Stores N.A., Ltd.

    13,560        209,972   

Long Run Exploration, Ltd. (a)

    56,849        304,652   

Lucara Diamond Corp. (a)

    40,000        41,940   

MacDonald Dettwiler & Associates, Ltd.

    1,200        92,605   

Mainstreet Equity Corp. (a)

    3,700        108,444   

Major Drilling Group International (d)

    54,870        394,725   

Manitoba Telecom Services, Inc. (d)

    12,054        384,422   

Maple Leaf Foods, Inc.

    55,470        711,920   

Martinrea International, Inc. (d)

    53,037        544,246   

Maxim Power Corp. (a)

    2,800        9,786   

MBAC Fertilizer Corp. (a) (d)

    30,132        66,697   

McCoy Corp.

    6,943        46,172   

McEwen Mining - Minera Andes Andes Acquisition Corp. (a) (d)

    29,122        69,550   

Mediagrif Interactive Technologies, Inc.

    4,916        94,640   

Medical Facilities Corp. (d)

    9,958        152,843   

MEGA Brands, Inc. (a) (d)

    8,058        126,966   

Mega Uranium, Ltd. (a)

    53,800        3,656   

Melcor Developments, Ltd.

    2,181        40,865   

Mercator Minerals, Ltd. (a)

    15,910        1,622   

MGM Energy Corp. (a)

    6,492        1,134   

Migao Corp. (d)

    20,785        18,766   

Minco Silver Corp. (a)

    10,913        8,582   

Mood Media Corp. (a) (d)

    57,391        37,330   

Morneau Shepell, Inc. (d)

    27,362        356,220   

MTY Food Group, Inc.

    1,365        44,751   

Mullen Group, Ltd. (d)

    49,781        1,213,051   

Nautilus Minerals, Inc. (a)

    52,914        17,980   

Nevada Copper Corp. (a)

    10,550        24,889   

Nevsun Resources, Ltd.

    116,926        372,329   

New Flyer Industries, Inc.

    9,332        103,281   

Newalta Corp. (d)

    22,947        356,441   

NGEx Resources, Inc. (a)

    35,735        62,100   

Niko Resources, Ltd. (a) (d)

    15,963        58,580   

Norbord, Inc. (d)

    13,816        402,791   

Nordion, Inc. (a)

    51,425        442,333   

North American Energy Partners, Inc. (a)

    14,743        80,152   

North American Palladium, Ltd. (a)

    108,692        106,576   

North West Co., Inc. (The) (d)

    22,958        525,334   

Northern Dynasty Minerals, Ltd. (a) (d)

    27,464        40,794   

NuVista Energy, Ltd. (a)

    49,017        319,309   

OceanaGold Corp. (a)

    150,911        224,158   

Orvana Minerals Corp. (a)

    35,962        15,711   

Paladin Labs, Inc. (a)

    4,998        300,836   

Parex Resources, Inc. (a)

    55,359        313,327   

Parkland Fuel Corp. (d)

    37,163        656,995   

Pason Systems, Inc.

    35,716        787,448   

Patheon, Inc. (a)

    10,068        59,819   

Perpetual Energy, Inc. (a) (d)

    50,316        46,894   

Petaquilla Minerals, Ltd. (a)

    51,667        16,553   

 

MSF-83


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Canada—(Continued)

   

Petrobank Energy & Resources, Ltd. (a) (d)

    52,473      $ 21,141   

Petrominerales, Ltd. (d)

    52,442        595,671   

Phoscan Chemical Corp. (a)

    51,767        14,072   

PHX Energy Services Corp.

    14,550        152,979   

Pilot Gold, Inc. (a)

    11,266        12,031   

Platino Energy Corp. (a)

    4,848        3,765   

Platinum Group Metals, Ltd. (a)

    32,084        32,394   

Points International, Ltd. (a)

    6,320        145,353   

Polymet Mining Corp. (a) (d)

    38,355        30,534   

Poseidon Concepts Corp.

    17,540        56   

Premium Brands Holdings Corp.

    11,279        211,334   

Primero Mining Corp. (a) (d)

    54,342        295,965   

Pulse Seismic, Inc.

    35,720        132,470   

Pure Technologies, Ltd. (a)

    12,806        60,173   

QLT, Inc. (a)

    25,500        117,591   

Questerre Energy Corp. -
Class A (a) (d)

    83,569        89,244   

Ram Power Corp. (a)

    71,058        12,762   

Redknee Solutions, Inc. (a)

    18,190        92,358   

Reitmans Canada, Ltd.

    36,366        265,608   

Richelieu Hardware, Ltd.

    6,930        297,706   

Richmont Mines, Inc. (a)

    12,038        17,296   

Ritchie Bros Auctioneers, Inc. (d)

    47,401        954,417   

RMP Energy, Inc. (a)

    72,808        401,485   

Rock Energy, Inc. (a)

    6,887        12,236   

Rocky Mountain Dealerships, Inc.

    9,738        111,083   

Rogers Sugar, Inc. (d)

    52,425        293,668   

RONA, Inc.

    75,889        872,313   

Rubicon Minerals Corp. (a) (d)

    49,480        62,928   

Russel Metals, Inc. (d)

    34,722        920,257   

Sabina Gold & Silver Corp. (a) (d)

    45,006        38,450   

San Gold Corp. (a)

    84,387        14,747   

Sandstorm Gold, Ltd. (a) (d)

    21,500        116,261   

Sandvine Corp. (a) (d)

    90,000        179,118   

Santonia Energy, Inc. (a)

    62,059        131,944   

Savanna Energy Services Corp. (d)

    55,506        410,078   

Scorpio Mining Corp. (a)

    88,421        26,182   

Sears Canada, Inc. (d)

    4,468        54,654   

Secure Energy Services, Inc.

    55,376        734,906   

SEMAFO, Inc. (d)

    116,582        280,689   

Serinus Energy, Inc. (a)

    1,398        4,750   

ShawCor, Ltd.

    13,091        552,083   

Sherritt International Corp. (d)

    184,210        690,307   

Shore Gold, Inc. (a)

    82,170        14,359   

Sierra Wireless, Inc. (a) (d)

    19,913        326,660   

Silver Standard Resources, Inc. (a)

    37,551        231,492   

Sonde Resources Corp. (a)

    18,161        17,631   

Southern Pacific Resource Corp. (a)

    198,574        129,163   

SouthGobi Resources, Ltd. (a) (d)

    65,809        76,667   

Sprott Resource Corp. (d)

    60,105        169,219   

Sprott, Inc.

    56,427        153,386   

Spyglass Resources Corp. (d)

    44,541        71,781   

St Andrew Goldfields, Ltd. (a)

    87,850        27,718   

Stantec, Inc. (d)

    20,624        1,053,307   

Stella-Jones, Inc.

    3,133        314,806   

Stornoway Diamond Corp. (a)

    33,687        20,931   

Strad Energy Services, Ltd.

    10,641        39,256   

Strateco Resources, Inc. (a)

    26,150        1,523   

Canada—(Continued)

   

Student Transportation, Inc. (d)

    33,613      211,458   

Sulliden Gold Corp., Ltd. (a)

    68,700        65,362   

SunOpta, Inc. (a)

    35,292        342,624   

Superior Plus Corp. (d)

    67,466        720,476   

Surge Energy, Inc. (d)

    52,044        300,123   

TAG Oil, Ltd. (a) (d)

    22,471        97,733   

Taseko Mines, Ltd. (a)

    131,286        271,481   

Tekmira Pharmaceuticals Corp. (a)

    1,900        13,262   

Tembec, Inc. (a) (d)

    50,711        120,617   

Teranga Gold Corp. (a) (d)

    64,711        42,092   

Tethys Petroleum, Ltd. (a)

    99,200        64,525   

Thompson Creek Metals Co.,
Inc. (a) (d)

    119,418        427,797   

Timminco, Ltd. (a) (b)

    16,700        83   

Timmins Gold Corp. (a)

    87,398        147,636   

TORC Oil & Gas, Ltd.

    6,108        51,942   

Toromont Industries, Ltd.

    28,436        624,733   

Torstar Corp. - Class B

    37,353        197,272   

Total Energy Services, Inc. (d)

    18,098        315,030   

Transcontinental, Inc. - Class A

    37,360        534,621   

TransForce, Inc.

    40,293        847,677   

TransGlobe Energy Corp. (a)

    36,372        285,312   

Transition Therapeutics, Inc. (a)

    800        3,246   

Trican Well Service, Ltd.

    88,161        1,199,103   

Trinidad Drilling, Ltd.

    72,358        698,958   

TSO3, Inc. (a)

    17,113        13,457   

Twin Butte Energy, Ltd. (d)

    155,046        320,614   

Uex Corp. (a)

    89,800        34,000   

Uni-Select, Inc. (d)

    8,978        202,649   

Ur-Energy, Inc. (a)

    19,846        22,735   

Valener, Inc.

    7,459        114,052   

Vecima Networks, Inc. (a)

    2,500        12,621   

Veresen, Inc. (d)

    19,607        231,085   

Veris Gold Corp. (a)

    18,003        10,312   

Vicwest, Inc.

    9,300        115,206   

Virginia Mines, Inc. (a)

    8,108        80,761   

Wajax Corp. (d)

    11,027        401,877   

WaterFurnace Renewable Energy, Inc.

    4,069        85,919   

Wesdome Gold Mines, Ltd. (a)

    38,107        25,897   

West Fraser Timber Co., Ltd.

    8,237        741,214   

Western Energy Services Corp.

    13,520        105,661   

Western Forest Products, Inc.

    100,600        140,150   

Whistler Blackcomb Holdings, Inc.

    9,267        123,344   

Whitecap Resources, Inc. (d)

    72,761        854,724   

Wi-Lan, Inc. (d)

    82,419        319,258   

Winpak, Ltd.

    6,902        154,785   

Xtreme Drilling and Coil Services Corp. (a)

    11,600        42,006   

Zargon Oil & Gas, Ltd. (d)

    13,621        94,946   

ZCL Composites, Inc.

    11,681        71,330   

Zenith Epigenetics Corp. (a) (b)

    12,830        5,356   
   

 

 

 
      82,253,361   
   

 

 

 

China—0.0%

   

China Resources and Transportation Group, Ltd. (a) (d)

    2,600,000        132,484   

China WindPower Group, Ltd. (a) (d)

    1,800,000        63,487   

Lee & Man Chemical Co., Ltd.

    32,000        15,833   
   

 

 

 
      211,804   
   

 

 

 

 

MSF-84


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Denmark—1.9%

   

ALK-Abello A/S

    3,402      $ 324,052   

Alm Brand A/S (a)

    47,930        170,365   

Amagerbanken A/S (a) (b) (c)

    178,000        0   

Ambu A/S

    2,661        108,084   

Auriga Industries (a)

    9,580        324,057   

Bang & Olufsen A/S (a)

    17,941        183,748   

Bavarian Nordic A/S (a)

    14,671        175,592   

BoConcept Holding A/S - Class B

    228        4,184   

Brodrene Hartmann A/S

    52        1,287   

D/S Norden A/S

    13,959        588,550   

DFDS A/S

    2,274        166,465   

East Asiatic Co., Ltd. A/S (a) (d)

    6,828        115,365   

Genmab A/S (a)

    21,485        882,416   

GN Store Nord A/S

    144,283        3,035,109   

Greentech Energy Systems (a)

    1,142        2,857   

Gronlandsbanken AB

    17        2,016   

Harboes Bryggeri A/S - Class B

    1,454        20,835   

IC Companys A/S

    5,141        155,496   

Jeudan A/S

    201        20,779   

Jyske Bank A/S (a)

    28,997        1,439,895   

NKT Holding A/S

    13,143        652,894   

Nordjyske Bank A/S

    185        3,662   

Pandora A/S

    19,759        818,775   

Parken Sport & Entertainment A/S (a)

    2,351        34,112   

PER Aarsleff A/S - Class B

    962        118,847   

Ringkjoebing Landbobank A/S

    2,249        431,615   

Rockwool International A/S - B Shares

    3,675        595,013   

Royal UNIBREW A/S

    4,703        558,766   

Schouw & Co.

    8,773        319,771   

SimCorp A/S

    22,290        750,542   

Solar A/S - B Shares

    3,176        174,832   

Spar Nord Bank A/S (a)

    32,428        249,322   

Sydbank A/S (a)

    44,611        1,163,464   

TK Development A/S (a)

    41,237        46,357   

Topdanmark A/S (a)

    69,020        1,777,546   

TopoTarget A/S (a)

    49,340        23,920   

Torm A/S (a)

    9,596        2,621   

United International Enterprises

    1,276        237,359   

Vestas Wind Systems A/S (a)

    91,348        2,317,958   

Vestjysk Bank A/S (a)

    3,300        8,085   

Zealand Pharma A/S (a) (d)

    4,907        51,225   
   

 

 

 
      18,057,838   
   

 

 

 

Finland—2.5%

   

Afarak Group Oyj (a)

    95,130        46,279   

Ahlstrom Oyj (d)

    11,406        145,437   

Aktia Bank Oyj

    3,139        30,904   

Alma Media Oyj

    32,099        137,826   

Amer Sports Oyj

    63,555        1,289,700   

Apetit Oyj

    1,205        31,137   

Aspo Oyj

    11,042        79,197   

Atria plc

    5,250        55,697   

BasWare Oyj

    3,525        103,417   

Biotie Therapies Oyj (a)

    118,993        57,963   

Cargotec Oyj - B Shares (d)

    19,031        737,183   

Caverion Corp. (a) (d)

    58,474        474,786   

Citycon Oyj

    163,905        552,147   

Finland—(Continued)

   

Comptel Oyj (a)

    30,187      21,649   

Cramo Oyj

    9,503        165,357   

Elektrobit Corp.

    43,163        77,762   

Elisa Oyj (d)

    64,534        1,539,101   

F-Secure Oyj

    54,590        132,969   

Finnair Oyj

    47,520        200,572   

Finnlines Oyj (a)

    9,624        81,400   

Fiskars Oyj Abp

    21,766        550,691   

HKScan Oyj - A Shares

    13,925        64,427   

Huhtamaki Oyj

    51,530        1,103,764   

Ilkka-Yhtyma Oyj

    2,976        12,444   

Kemira Oyj (d)

    57,407        884,788   

Kesko Oyj - A Shares

    139        4,404   

Kesko Oyj - B Shares

    35,959        1,079,198   

Konecranes Oyj (d)

    26,787        902,340   

Lassila & Tikanoja Oyj (a)

    17,709        361,417   

Lemminkainen Oyj

    4,314        87,999   

Metsa Board Oyj (d)

    135,387        494,651   

Munksjo Oyj (a) (d)

    2,851        18,745   

Neste Oil Oyj (d)

    76,825        1,705,110   

Okmetic Oyj

    6,360        45,746   

Olvi Oyj - A Shares

    8,023        281,304   

Oriola-KD Oyj - B Shares

    67,230        214,669   

Orion Oyj - Class A

    19,816        500,144   

Orion Oyj - Class B (d)

    43,350        1,092,194   

Outokumpu Oyj (a) (d)

    511,386        345,535   

Outotec Oyj (d)

    95,223        1,306,892   

PKC Group Oyj

    12,102        392,592   

Ponsse Oy

    3,208        31,712   

Poyry Oyj (a)

    21,383        111,051   

Raisio plc - V Shares

    73,120        425,422   

Ramirent Oyj

    63,927        781,145   

Rapala VMC Oyj

    8,902        64,100   

Rautaruukki Oyj (d)

    58,187        451,031   

Saga Furs Oyj

    836        42,647   

Sanoma Oyj (d)

    49,815        416,155   

Sievi Capital plc (a)

    10,528        15,684   

SRV Group plc

    30        179   

Stockmann Oyj Abp - B Shares (d)

    16,769        286,508   

Talvivaara Mining Co. plc (a) (d)

    286,881        40,465   

Technopolis plc

    45,493        300,499   

Teleste Oyj

    772        4,306   

Tieto Oyj (d)

    35,284        753,959   

Tikkurila Oyj

    22,439        598,015   

Uponor Oyj (d)

    31,280        589,891   

Vacon plc (d)

    5,175        408,342   

Vaisala Oyj - A Shares

    4,116        107,589   

YIT Oyj (d)

    63,300        883,969   
   

 

 

 
      23,722,206   
   

 

 

 

France—4.5%

   

ABC Arbitrage

    4,710        32,817   

Air France-KLM (a) (d)

    88,070        877,444   

Akka Technologies S.A.

    930        27,316   

Albioma

    12,430        249,847   

Alcatel-Lucent (a) (d)

    1,443,534        5,127,006   

Altamir Amboise

    14,407        190,038   

 

MSF-85


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

France—(Continued)

   

Alten S.A.

    14,440      $ 618,349   

Altran Technologies S.A. (a)

    70,704        581,748   

April

    10,645        224,678   

Archos (a)

    5,288        26,410   

Assystem

    8,352        204,777   

Atari S.A. (a) (b) (c)

    11,742        0   

Audika Groupe (a)

    2,159        27,145   

Aurea S.A.

    1,221        7,583   

Axway Software S.A.

    2,927        79,000   

Beneteau S.A. (a) (d)

    24,266        392,325   

Bigben Interactive (a)

    2,504        24,593   

BioMerieux (d)

    428        41,463   

Boiron S.A.

    3,511        229,909   

Bonduelle S.C.A.

    10,633        258,783   

Bongrain S.A.

    3,472        237,995   

Bourbon S.A. (d)

    28,193        736,673   

Boursorama (a)

    10,971        109,094   

Bull (a) (d)

    52,498        209,860   

Burelle S.A.

    184        126,277   

Catering International Services (d)

    11        356   

Cegedim S.A. (a)

    2,929        73,923   

Cegid Group

    3,132        82,838   

Cie des Alpes

    3,241        68,799   

Ciments Francais S.A.

    2,486        171,423   

Club Mediterranee S.A. (a)

    18,244        430,527   

Derichebourg S.A. (a)

    62,135        215,469   

Devoteam S.A.

    4,902        66,709   

DNXCorp.

    277        6,745   

Eiffage S.A.

    13,644        748,421   

Electricite de Strasbourg

    88        11,622   

Eramet

    935        94,407   

Esso S.A. Francaise

    1,261        79,761   

Etablissements Maurel et Prom (d)

    48,019        737,189   

Euler Hermes S.A.

    7,817        954,696   

Euro Disney SCA (a)

    11,454        73,790   

Eurofins Scientific (d)

    2,826        712,252   

Exel Industries - A Shares

    618        31,141   

Faiveley Transport S.A.

    4,347        330,777   

Faurecia (a) (d)

    31,389        908,995   

Fimalac

    3,854        205,437   

Fleury Michon S.A.

    141        8,002   

GameLoft SE (a) (d)

    28,377        300,252   

GEA

    400        43,267   

GECI International (a) (b) (c)

    9,793        0   

GL Events

    6,578        154,464   

Groupe Crit

    1,538        54,317   

Groupe Flo

    5,857        23,460   

Groupe Partouche S.A. (a)

    12,984        16,493   

Groupe Steria SCA

    17,694        304,070   

Guerbet

    663        81,111   

Haulotte Group S.A. (a)

    9,947        126,400   

Havas S.A.

    149,144        1,164,084   

Hi-Media S.A. (a)

    20,464        49,841   

Ingenico (d)

    9,552        688,819   

Interparfums S.A.

    4,774        169,675   

Ipsen S.A.

    12,079        464,623   

IPSOS

    21,840        820,954   

France—(Continued)

   

Jacquet Metal Service

    9,036      157,363   

Korian S.A.

    2,822        91,214   

L.D.C. S.A.

    10        1,617   

Lagardere SCA

    6,012        195,277   

Lanson-BCC

    14        595   

Laurent-Perrier

    1,493        133,843   

Lectra

    9,479        77,086   

LISI

    2,482        352,567   

Maisons France Confort

    1,754        63,852   

Manitou BF S.A.

    5,576        94,916   

Manutan International

    589        32,405   

Medica S.A.

    24,420        608,304   

Mersen

    11,165        347,473   

METabolic EXplorer S.A. (a)

    2,657        10,033   

Metropole Television S.A.

    30,423        652,833   

Montupet

    4,620        126,274   

Mr. Bricolage (a)

    601        8,211   

Naturex

    2,702        217,471   

Neopost S.A. (d)

    19,254        1,402,564   

Nexans S.A.

    15,968        968,077   

Nexity S.A.

    16,880        602,866   

NextRadioTV

    2,643        53,888   

NicOx S.A. (a) (d)

    6,186        22,596   

Norbert Dentressangle S.A.

    2,772        296,283   

NRJ Group (a)

    13,425        126,281   

Orco Property Group (a)

    4,469        14,091   

Orpea

    16,527        832,662   

Osiatis S.A.

    6,242        86,136   

Parrot S.A. (a)

    4,759        151,564   

Peugeot S.A. (a) (d)

    149,258        2,455,005   

Pierre & Vacances S.A. (a)

    3,103        75,190   

Plastic Omnium S.A.

    38,571        975,855   

Rallye S.A.

    13,808        504,603   

Recylex S.A. (a) (d)

    8,543        35,860   

Robertet S.A.

    14        2,822   

Rubis SCA

    20,204        1,276,167   

S.A. des Ciments Vicat

    6,569        466,802   

Saft Groupe S.A.

    20,232        558,127   

Samse S.A.

    107        10,466   

Sartorius Stedim Biotech

    1,387        210,172   

SEB S.A. (d)

    4,929        432,232   

Seche Environnement S.A.

    1,555        57,744   

Sequana S.A. (a) (d)

    5,112        43,608   

Soc Mar Tunnel Prado Car

    293        11,099   

Societe d’Edition de Canal Plus

    35,730        270,752   

Societe des Bains de Mer et du Cercle des Etrangers a Monaco

    16        917   

Societe Internationale de Plantations
d’Heveas S.A.

    853        66,405   

Societe Television Francaise 1

    71,332        1,242,056   

SOITEC (a) (d)

    113,224        309,538   

Solocal Group (a) (d)

    80,591        185,153   

Somfy S.A.

    183        46,301   

Sopra Group S.A.

    2,515        224,575   

Spir Communication S.A. (a)

    848        15,045   

Ste Industrielle d’Aviation Latecoere
S.A. (a)

    4,144        61,298   

STEF S.A.

    1,857        119,334   

 

MSF-86


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

France—(Continued)

   

Store Electronic (a)

    715      $ 10,698   

Sword Group

    3,919        74,749   

Synergie S.A.

    5,633        97,095   

Technicolor S.A. (a)

    52,631        275,636   

Teleperformance

    32,917        1,592,741   

Tessi S.A.

    895        111,630   

Theolia S.A. (a)

    38,488        71,334   

Thermador Groupe

    1,082        92,235   

Tonnellerie Francois Freres

    308        23,552   

Total Gabon

    421        269,239   

Touax S.A.

    1,668        43,101   

Trigano S.A. (a)

    5,078        90,213   

UBISOFT Entertainment (a)

    63,478        981,768   

Union Financiere de France BQE S.A.

    2,306        51,906   

Valneva SE (a) (d)

    10,872        57,964   

Vetoquinol S.A.

    469        17,544   

Viel et Co.

    3,978        13,399   

Vilmorin & Cie S.A.

    2,888        351,141   

Virbac S.A.

    1,982        402,244   

VM Materiaux S.A. (a)

    235        8,539   

Vranken-Pommery Monopole S.A.

    1,317        36,596   
   

 

 

 
      43,175,031   
   

 

 

 

Germany—5.0%

   

Aareal Bank AG (a)

    32,420        1,012,954   

Adler Modemaerkte AG

    4,862        59,335   

ADVA Optical Networking SE (a)

    20,269        126,203   

Air Berlin plc (a) (d)

    23,494        55,531   

Aixtron SE NA (a)

    47,389        801,119   

Allgeier SE

    2,942        59,568   

Amadeus Fire AG

    2,610        170,023   

Analytik Jena AG

    501        10,061   

AS Creation Tapeten (a)

    800        37,965   

Aurubis AG

    20,108        1,219,128   

Balda AG

    19,993        133,860   

Bauer AG

    6,926        173,433   

BayWa AG

    7,596        380,426   

Bechtle AG

    9,570        489,199   

Bertrandt AG

    2,980        375,188   

Bijou Brigitte AG

    2,105        213,457   

Biotest AG

    1,823        164,028   

Borussia Dortmund GmbH & Co. KGaA

    36,335        184,671   

CANCOM SE

    6,521        201,041   

Carl Zeiss Meditec AG

    9,499        283,579   

CAT Oil AG

    9,471        184,420   

Celesio AG

    49,773        1,120,585   

CENIT AG

    5,981        73,265   

CENTROTEC Sustainable AG

    5,202        104,943   

Cewe Color Holding AG

    3,145        160,448   

Colonia Real Estate AG (a)

    5,281        36,293   

Comdirect Bank AG

    18,315        185,882   

CompuGroup Medical AG

    13,628        332,835   

Constantin Medien AG (a)

    23,577        54,061   

CropEnergies AG

    13,948        117,994   

CTS Eventim AG

    9,997        441,112   

DAB Bank AG

    12,773        62,212   

Data Modul AG

    138        2,707   

Germany—(Continued)

   

Delticom AG

    2,140      120,635   

Deutsche Beteiligungs AG

    2,815        72,931   

Deutsche Wohnen AG

    92,057        1,647,790   

Deutz AG (a)

    62,092        561,183   

Dialog Semiconductor plc (a) (d)

    27,192        520,200   

Dr. Hoenle AG

    2,084        34,739   

Draegerwerk AG & Co. KGaA

    1,630        170,985   

Drillisch AG

    30,810        742,565   

Duerr AG

    11,256        827,822   

Eckert & Ziegler AG

    2,469        93,554   

Elmos Semiconductor AG

    7,336        91,070   

ElringKlinger AG (d)

    16,988        764,318   

Euromicron AG

    3,803        84,154   

Evotec AG (a) (d)

    59,728        266,400   

First Sensor AG (a)

    3,155        33,068   

Francotyp-Postalia Holding AG (a)

    3,300        17,004   

Freenet AG (a)

    56,906        1,376,907   

GAGFAH S.A. (a)

    36,892        481,289   

Gerresheimer AG

    16,223        972,403   

Gerry Weber International AG

    9,842        405,934   

Gesco AG

    2,077        203,708   

GFK SE

    8,794        511,002   

GFT Technologies AG

    9,142        60,647   

Gigaset AG (a)

    25,477        35,160   

Gildemeister AG (d)

    39,050        1,064,024   

Grammer AG

    7,596        290,591   

Grenkeleasing AG

    2,371        218,130   

GSW Immobilien AG

    24,130        1,059,727   

H&R AG (a)

    7,029        87,265   

Hamburger Hafen und Logistik AG

    8,767        215,635   

Hansa Group AG

    5,987        8,579   

Hawesko Holding AG

    1,663        89,543   

Heidelberger Druckmaschinen AG (a) (d)

    153,682        413,504   

Highlight Communications AG (a)

    13,077        63,612   

Homag Group AG

    2,798        62,581   

Indus Holding AG

    13,812        474,926   

Init Innovation In Traffic Systems AG

    2,361        72,408   

Intershop Communications AG (a)

    7,747        16,138   

Isra Vision AG

    2,083        97,544   

Jenoptik AG

    28,871        451,803   

Joyou AG (a)

    688        11,635   

Kloeckner & Co. SE (a)

    68,249        925,231   

Koenig & Bauer AG

    6,051        115,101   

Kontron AG (d)

    32,374        207,376   

Krones AG

    6,921        588,728   

KSB AG

    111        71,935   

KUKA AG

    14,184        614,567   

KWS Saat AG

    1,120        389,489   

Leifheit AG

    945        37,491   

Leoni AG

    22,210        1,352,225   

LPKF Laser & Electronics AG

    12,759        236,656   

Manz AG (a)

    1,272        93,243   

MasterFlex SE (a)

    280        2,221   

Medigene AG (a)

    3,423        17,546   

MLP AG

    33,383        213,725   

Mobotix AG

    2,035        46,487   

Morphosys AG (a)

    10,279        798,400   

 

MSF-87


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Germany—(Continued)

   

Muehlbauer Holding AG & Co. KGaA

    1,575      $ 39,760   

MVV Energie AG (d)

    6,393        193,306   

Nemetschek AG

    3,207        194,021   

Nexus AG

    2,080        27,276   

Nordex SE (a)

    38,948        570,210   

NORMA Group

    17,872        861,816   

OHB AG

    3,264        79,089   

Patrizia Immobilien AG (a)

    23,153        231,802   

Pfeiffer Vacuum Technology AG

    5,733        702,071   

PNE Wind AG

    33,344        146,230   

Progress-Werk Oberkirch AG

    822        44,924   

PSI AG Gesellschaft Fuer Produkte und Systeme der Informationstechnologie

    2,118        34,471   

Pulsion Medical Systems SE

    464        7,549   

PVA TePla AG

    3,358        9,466   

QSC AG

    59,062        319,628   

R Stahl AG

    1,594        75,867   

Rational AG

    941        280,803   

Rheinmetall AG

    24,744        1,422,889   

Rhoen Klinikum AG

    61,526        1,581,311   

RIB Software AG

    1,026        8,515   

SAF-Holland S.A. (a)

    31,896        390,548   

Salzgitter AG

    23,207        964,392   

Schaltbau Holding AG

    2,601        137,946   

SGL Carbon SE (d)

    28,680        1,091,310   

SHW AG

    1,051        45,809   

Singulus Technologies AG (a) (d)

    35,179        75,236   

Sixt AG

    9,652        243,417   

SKW Stahl-Metallurgie Holding AG

    3,578        54,673   

SMA Solar Technology AG

    3,340        114,505   

SMT Scharf AG

    2,145        65,684   

Software AG (d)

    20,668        736,170   

Solarworld AG (a) (d)

    52,337        62,842   

Stada Arzneimittel AG (d)

    33,026        1,674,444   

Stroeer Media AG (a)

    12,029        193,364   

Suss Microtec AG (a)

    12,728        115,156   

Symrise AG

    17,337        768,509   

TAG Immobilien AG

    77,264        958,990   

Takkt AG

    12,691        238,606   

Technotrans

    2,013        24,628   

Telegate AG

    2,507        22,512   

Tipp24 SE (a)

    3,214        208,717   

Tom Tailor Holding AG (a)

    11,440        260,694   

Tomorrow Focus AG

    8,355        43,020   

TUI AG (a) (d)

    85,669        1,095,684   

Vossloh AG

    4,207        370,413   

VTG AG

    6,281        123,365   

Wacker Neuson SE

    14,840        220,855   

Washtec AG

    3,397        45,202   

Wincor Nixdorf AG

    16,507        1,031,231   

Wirecard AG

    1,935        66,204   

XING AG

    1,747        190,433   
   

 

 

 
      47,996,623   
   

 

 

 

Greece—0.7%

   

Alpha Bank AE (a)

    175,375        134,991   

Greece—(Continued)

   

Athens Water Supply & Sewage
Co. S.A. (The)

    6,858      76,572   

Bank of Cyprus plc (a) (b)

    596,049        165,305   

Bank of Greece

    11,668        241,498   

Diagnostic & Therapeutic Center of Athens Hygeia S.A. (a)

    51,248        28,073   

Ellaktor S.A. (a)

    77,681        258,011   

Elval - Hellenic Aluminium Industry S.A. (a)

    5,382        13,779   

Folli Follie Group S.A. (a)

    18,502        481,165   

Fourlis Holdings S.A. (a)

    19,545        90,599   

Frigoglass S.A. (a)

    10,875        80,677   

GEK Terna Holding Real Estate Construction S.A. (a)

    35,756        113,441   

Hellenic Exchanges S.A. Holding Clearing Settlement and Registry

    33,346        286,866   

Hellenic Petroleum S.A.

    50,348        531,950   

Hellenic Telecommunications Organization S.A. (a)

    46,536        485,171   

Intracom Holdings S.A. (a)

    38,557        24,727   

Intralot SA-Integrated Lottery Systems & Services

    58,803        130,825   

JUMBO S.A. (a)

    47,651        594,246   

Marfin Investment Group Holdings S.A. (a)

    382,614        195,333   

Metka S.A.

    8,084        135,416   

Motor Oil Hellas Corinth Refineries S.A.

    33,177        352,767   

Mytilineos Holdings S.A. (a)

    46,186        298,570   

National Bank of Greece S.A. (a)

    32,433        131,623   

OPAP S.A.

    7,769        86,847   

Piraeus Bank S.A. (a)

    8,830        14,945   

Piraeus Port Authority

    3,250        78,306   

Proton Bank S.A. (a) (b)

    14,856        3,618   

Public Power Corp. S.A.

    52,045        589,947   

Sarantis S.A. (a)

    7,281        54,295   

Sidenor Steel Products Manufacturing Co. S.A. (a)

    10,515        22,528   

Terna Energy S.A. (a)

    22,487        96,949   

Titan Cement Co. S.A. (a)

    33,961        847,110   

TT Hellenic Postbank S.A. (a) (b) (c)

    71,180        0   

Viohalco Hellenic Copper and Aluminum Industry S.A. (a)

    51,786        322,858   
   

 

 

 
      6,969,008   
   

 

 

 

Hong Kong—2.9%

   

Alco Holdings, Ltd.

    136,000        27,888   

Allan International Holdings

    70,000        22,383   

Allied Group, Ltd.

    22,000        79,140   

Allied Properties HK, Ltd.

    1,774,024        274,292   

Anxian Yuan China Holdings, Ltd. (a)

    420,000        5,844   

Apac Resources, Ltd. (a)

    2,300,000        46,019   

APT Satellite Holdings, Ltd.

    158,000        162,054   

Arts Optical International Holdings, Ltd.

    16,000        3,713   

Asia Financial Holdings, Ltd.

    300,000        128,418   

Asia Satellite Telecommunications Holdings, Ltd.

    66,000        248,469   

Asia Standard International Group, Ltd.

    370,000        82,041   

Associated International Hotels, Ltd.

    14,000        40,073   

Aupu Group Holding Co., Ltd.

    246,000        23,802   

 

MSF-88


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Hong Kong—(Continued)

   

Bel Global Resources Holdings, Ltd. (a) (b) (c)

    520,000      $ 0   

Birmingham International Holdings, Ltd. (a) (b) (c)

    1,110,000        0   

Bonjour Holdings, Ltd.

    810,000        178,681   

Bossini International Holdings, Ltd.

    438,000        25,971   

Brightoil Petroleum Holdings,
Ltd. (a) (d)

    1,156,000        190,922   

Brockman Mining, Ltd. (a)

    2,516,770        136,273   

Burwill Holdings, Ltd. (a)

    1,294,000        20,353   

Cafe de Coral Holdings, Ltd.

    144,000        447,678   

Century City International Holdings, Ltd. (b) (c)

    616,000        44,477   

Century Sunshine Group Holdings, Ltd.

    269,416        27,821   

Champion Technology Holdings, Ltd.

    2,394,274        42,114   

Chen Hsong Holdings

    150,000        46,979   

Cheuk Nang Holdings, Ltd.

    84,920        71,697   

Chevalier International Holdings, Ltd.

    70,000        122,989   

China Billion Resources,
Ltd. (a) (b) (c)

    476,000        0   

China Daye Non-Ferrous Metals Mining, Ltd. (a)

    2,682,000        72,563   

China Electronics Corp. Holdings Co., Ltd.

    352,000        59,611   

China Energy Development Holdings, Ltd. (a)

    3,046,000        36,176   

China Environmental Investment Holdings, Ltd. (a)

    1,215,000        39,932   

China Financial Services Holdings, Ltd.

    288,000        24,162   

China Flavors & Fragrances Co., Ltd. (a)

    70,147        10,039   

China Infrastructure Investment, Ltd. (a)

    626,000        12,104   

China Metal International Holdings, Inc.

    300,000        79,285   

China Nuclear Industry 23 International Corp., Ltd. (a)

    106,000        15,428   

China Renji Medical Group, Ltd. (a)

    2,356,000        12,769   

China Solar Energy Holdings,
Ltd. (a) (b) (c)

    162,000        3,760   

China Strategic Holdings, Ltd. (a)

    770,000        12,702   

China Ting Group Holdings, Ltd.

    318,550        23,770   

China-Hongkong Photo Products Holdings, Ltd.

    284,000        22,373   

Chinney Investment, Ltd.

    8,000        1,248   

Chong Hing Bank, Ltd. (d)

    76,000        324,758   

Chow Sang Sang Holdings International, Ltd. (d)

    155,000        449,265   

Chu Kong Shipping Enterprise Group Co., Ltd.

    252,000        69,876   

Chuang’s China Investments, Ltd.

    341,000        20,434   

Chuang’s Consortium International, Ltd.

    546,357        68,247   

CITIC Telecom International Holdings, Ltd.

    716,000        204,837   

CK Life Sciences International Holdings, Inc.

    1,874,000        154,569   

CNT Group, Ltd.

    246,000        10,150   

Cosmos Machinery Enterprises, Ltd. (a)

    126,000        8,367   

CP Lotus Corp. (a)

    1,750,000        53,211   

Cross-Harbour Holdings, Ltd. (The)

    119,000        96,258   

CSI Properties, Ltd.

    3,554,023        139,912   

CST Mining Group, Ltd. (a)

    8,984,000        96,087   

Culture Landmark Investment,
Ltd. (a)

    86,400        7,018   

Culturecom Holdings, Ltd. (a) (d)

    285,000        55,037   

Dah Sing Banking Group, Ltd.

    195,600        348,447   

Dah Sing Financial Holdings, Ltd.

    82,000        474,880   

Dan Form Holdings Co., Ltd.

    568,000        62,946   

Hong Kong—(Continued)

   

Dickson Concepts International, Ltd.

    131,000      78,842   

Dingyi Group Investment,
Ltd. (a) (b) (c)

    455,000        33,439   

Dorsett Hospitality International, Ltd.

    415,000        90,883   

Eagle Nice International Holdings, Ltd.

    120,000        22,886   

EcoGreen Fine Chemicals Group, Ltd.

    90,000        18,705   

Emperor Capital Group, Ltd.

    84,000        3,788   

Emperor Entertainment Hotel, Ltd.

    325,000        148,953   

Emperor International Holdings

    691,250        195,315   

Emperor Watch & Jewellery, Ltd.

    2,380,000        214,620   

ENM Holdings, Ltd. (a)

    556,000        31,811   

EPI Holdings, Ltd. (a)

    1,842,000        55,271   

Esprit Holdings, Ltd. (d)

    1,156,450        1,853,058   

eSun Holdings, Ltd. (a)

    400,000        56,153   

Fairwood, Ltd.

    48,500        99,964   

Far East Consortium International,,Ltd.

    679,499        214,459   

Fountain SET Holdings, Ltd. (a)

    422,000        54,845   

Fujikon Industrial Holdings, Ltd.

    100,000        31,370   

G-Resources Group, Ltd. (a) (d)

    14,821,800        488,403   

Genting Hong Kong, Ltd. (a)

    101,229        40,465   

Get Nice Holdings, Ltd.

    2,326,000        97,428   

Giordano International, Ltd. (d)

    798,000        729,304   

Glorious Sun Enterprises, Ltd.

    262,000        57,256   

Gold Peak Industries Holding, Ltd.

    277,714        29,647   

Golden Resources Development International, Ltd.

    370,000        20,027   

Goldin Financial Holdings, Ltd. (a)

    200,000        64,484   

Goldin Properties Holdings, Ltd. (a)

    286,000        149,007   

Good Fellow Resources Holdings, Ltd. (a)

    120,000        4,643   

Guangnan Holdings, Ltd.

    264,000        32,325   

Guotai Junan International Holdings, Ltd.

    288,000        116,119   

Haitong International Securities Group, Ltd.

    242,365        117,327   

Hao Tian Resources Group, Ltd. (a)

    1,140,000        51,411   

Harbour Centre Development, Ltd.

    88,000        158,062   

HKR International, Ltd.

    449,600        220,456   

Hon Kwok Land Investment Co., Ltd.

    140,000        58,123   

Hong Kong Aircraft Engineering Co., Ltd. (d)

    5,200        68,936   

Hong Kong Ferry Holdings Co., Ltd.

    10,000        9,840   

Hong Kong Television Network, Ltd.

    270,000        83,925   

Hongkong Chinese, Ltd.

    920,000        199,202   

Hsin Chong Construction Group, Ltd.

    348,000        49,444   

Huafeng Group Holdings, Ltd. (a)

    460,000        14,855   

Hung Hing Printing Group, Ltd.

    252,000        37,019   

Hutchison Telecommunications Hong Kong Holdings, Ltd. (d)

    860,000        371,811   

Hybrid Kinetic Group, Ltd. (a)

    1,740,000        28,318   

Imagi International Holdings, Ltd. (a)

    4,131,000        50,570   

IPE Group, Ltd.

    285,000        19,471   

IRC, Ltd. (a)

    600,000        70,352   

IT, Ltd.

    330,000        105,024   

ITC Properties Group, Ltd.

    81,000        30,690   

Jinhui Holdings, Ltd. (a)

    70,000        17,346   

Johnson Electric Holdings, Ltd.

    488,500        354,851   

K Wah International Holdings, Ltd.

    810,902        437,817   

Kam Hing International Holdings, Ltd.

    196,000        15,183   

Kantone Holdings, Ltd.

    930,000        11,739   

Keck Seng Investments

    94,000        49,328   

King Stone Energy Group, Ltd. (a)

    792,000        44,420   

 

MSF-89


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Hong Kong—(Continued)

   

Kingmaker Footwear Holdings, Ltd.

    102,000      $ 23,449   

Kingston Financial Group, Ltd. (d)

    2,171,000        196,244   

Ko Yo Chemical Group, Ltd. (a)

    2,680,000        25,909   

Kowloon Development Co., Ltd.

    173,000        214,567   

Lai Sun Development (a)

    7,569,666        221,802   

Lai Sun Garment International, Ltd. (a)

    430,000        83,109   

Lam Soon Hong Kong, Ltd.

    15,000        10,444   

Landsea Green Properties Co., Ltd.

    120,000        14,258   

Lee’s Pharmaceutical Holdings, Ltd.

    110,000        92,156   

Lerado Group Holdings Co.

    202,000        21,085   

Lifestyle International Holdings, Ltd. (d)

    16,500        35,087   

Lifestyle Properties Development, Ltd. (a) (d)

    825        197   

Lippo China Resources, Ltd.

    2,106,000        61,179   

Lippo, Ltd.

    122,000        61,278   

Liu Chong Hing Investment, Ltd.

    90,000        219,801   

Luen Thai Holdings, Ltd.

    156,000        58,980   

Luk Fook Holdings International, Ltd. (d)

    166,000        518,094   

Luks Group Vietnam Holdings Co., Ltd.

    68,000        17,777   

Lung Kee Bermuda Holdings

    116,000        43,313   

Magnificent Estates

    1,560,000        75,245   

Man Wah Holdings, Ltd.

    216,800        341,098   

Man Yue Technology Holdings, Ltd.

    88,000        10,550   

Matrix Holdings, Ltd.

    36,000        8,169   

Mei Ah Entertainment Group, Ltd. (a)

    800,000        11,639   

Melco International Development, Ltd.

    458,000        1,224,113   

Midland Holdings, Ltd.

    460,000        189,316   

Ming Fai International Holdings, Ltd.

    145,000        15,332   

Ming Fung Jewellery Group, Ltd. (a)

    1,440,000        47,345   

Miramar Hotel & Investment

    4,000        5,169   

Mongolia Energy Corp., Ltd. (a)

    1,688,000        51,860   

Mongolian Mining Corp. (a) (d)

    941,500        168,639   

National Electronic Holdings, Ltd.

    166,000        20,972   

Natural Beauty Bio-Technology, Ltd.

    290,000        20,185   

Neo-Neon Holdings, Ltd. (a)

    420,500        81,830   

Neptune Group, Ltd. (a)

    1,060,000        25,944   

New Century Group Hong Kong, Ltd.

    912,000        19,159   

New Smart Energy Group, Ltd. (a)

    935,000        12,768   

New Times Energy Corp., Ltd. (a)

    204,200        15,818   

Newocean Energy Holdings, Ltd.

    616,000        411,100   

Next Media, Ltd. (a)

    414,000        39,551   

Norstar Founders Group, Ltd. (a) (b) (c)

    120,000        0   

North Asia Resources Holdings, Ltd. (a)

    335,000        8,207   

Orange Sky Golden Harvest Entertainment Holdings, Ltd. (a)

    555,882        25,791   

Oriental Watch Holdings

    271,600        89,740   

Pacific Andes International Holdings, Ltd.

    1,213,323        57,137   

Pacific Basin Shipping, Ltd. (d)

    1,010,000        689,897   

Pacific Textile Holdings, Ltd.

    270,000        334,069   

Paliburg Holdings, Ltd. (b) (c)

    362,000        116,685   

Pan Asia Environmental Protection Group, Ltd. (a)

    38,000        6,776   

PCCW, Ltd.

    162,000        71,602   

Pearl Oriental Oil, Ltd. (a)

    1,170,000        50,587   

Pico Far East Holdings, Ltd.

    468,000        152,444   

Playmates Holdings, Ltd.

    64,000        70,984   

PNG Resources Holdings, Ltd.

    1,944,000        47,050   

Polytec Asset Holdings, Ltd.

    965,000        125,714   

Hong Kong—(Continued)

   

Public Financial Holdings, Ltd.

    166,000      83,846   

PYI Corp., Ltd.

    2,714,366        65,065   

Regal Hotels International Holdings, Ltd. (b) (c)

    454,000        237,656   

Richfield Group Holdings, Ltd.

    944,000        24,857   

Rising Development Holdings, Ltd. (a)

    272,000        21,749   

Rivera Holdings, Ltd.

    20,000        774   

SA SA International Holdings, Ltd.

    548,000        617,723   

Sandmartin International Holdings,
Ltd. (a)

    104,000        5,967   

SEA Holdings, Ltd.

    94,000        53,401   

Shenyin Wanguo HK, Ltd.

    155,000        51,568   

Shougang Concord Technology Holdings (a)

    634,000        44,219   

Shun Tak Holdings, Ltd.

    979,500        549,653   

Silver base Group Holdings, Ltd. (a) (d)

    422,000        66,977   

Sing Tao News Corp., Ltd.

    276,000        35,964   

Singamas Container Holdings, Ltd.

    942,000        231,053   

Sino Distillery Group, Ltd. (a)

    222,000        13,472   

Sinocop Resources Holdings, Ltd. (a)

    290,000        16,104   

SIS International Holdings

    16,000        6,086   

Sitoy Group Holdings, Ltd.

    110,000        54,073   

SmarTone Telecommunications Holdings, Ltd. (d)

    206,500        273,945   

SOCAM Development, Ltd.

    179,876        211,044   

Solomon Systech International, Ltd. (a)

    920,000        39,691   

Soundwill Holdings, Ltd.

    50,000        91,087   

South China China, Ltd. (a)

    496,000        52,440   

Stella International Holdings, Ltd.

    55,000        141,314   

Stelux Holdings International, Ltd.

    260,500        92,330   

Success Universe Group, Ltd. (a)

    240,000        14,687   

Sun Hing Vision Group Holdings, Ltd.

    42,000        15,163   

Sun Hung Kai & Co., Ltd.

    400,440        214,162   

Sun Innovation Holdings, Ltd. (a)

    1,050,000        17,867   

Superb Summit International Group, Ltd. (a)

    2,895,000        132,628   

TAI Cheung Holdings (d)

    250,000        191,573   

Talent Property Group, Ltd. (a)

    420,000        7,201   

Tan Chong International, Ltd.

    63,000        22,257   

Tao Heung Holdings, Ltd.

    204,000        149,593   

Taung Gold International,
Ltd. (a) (b) (c) (d)

    700,000        14,350   

Television Broadcasts, Ltd. (d)

    1,400        8,854   

Texwinca Holdings, Ltd.

    298,000        278,107   

Titan Petrochemicals Group,
Ltd. (a) (b)

    1,000,000        322   

Tom Group, Ltd. (a)

    590,000        87,437   

Tongda Group Holdings, Ltd.

    1,350,000        76,720   

Town Health International Investments, Ltd. (a)

    176,000        26,355   

Tradelink Electronic Commerce, Ltd.

    356,000        75,261   

Transport International Holdings, Ltd.

    109,600        246,096   

Trinity, Ltd. (d)

    632,000        213,667   

TSC Group Holdings, Ltd. (a)

    267,000        97,203   

Tse Sui Luen Jewellery International, Ltd.

    40,000        18,888   

Tysan Holdings, Ltd.

    146,000        51,254   

United Laboratories International Holdings, Ltd. (The) (a) (d)

    355,000        128,086   

Universal Technologies Holdings,
Ltd. (a)

    710,000        52,052   

Up Energy Development Group,
Ltd. (a)

    92,000        5,930   

Upbest Group, Ltd.

    8,000        928   

Value Convergence Holdings, Ltd. (a)

    104,000        17,173   

 

MSF-90


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Hong Kong—(Continued)

   

Value Partners Group, Ltd. (d)

    380,000      $ 230,689   

Varitronix International, Ltd.

    182,000        157,140   

Vedan International Holdings, Ltd.

    296,000        16,032   

Victory City International Holdings, Ltd.

    680,868        90,596   

Vitasoy International Holdings, Ltd.

    380,000        480,074   

VST Holdings, Ltd.

    487,200        101,723   

Wai Kee Holdings, Ltd.

    54,000        14,296   

Wang On Group, Ltd.

    3,040,000        52,973   

Water Oasis Group, Ltd.

    52,000        3,893   

Win Hanverky Holdings, Ltd.

    332,000        38,932   

Wing Hang Bank, Ltd.

    5,500        82,944   

Wing On Co. International, Ltd.

    46,000        133,798   

Wing Tai Properties, Ltd.

    280,000        171,441   

Xinyi Glass Holdings, Ltd. (d)

    930,000        860,323   

Xpress Group, Ltd. (a)

    600,000        26,672   

Yeebo International Holdings, Ltd.

    158,000        22,612   

YGM Trading, Ltd.

    48,000        103,985   

Yugang International, Ltd. (a)

    1,466,000        9,842   

Zhuhai Holdings Investment Group, Ltd. (a)

    218,000        43,806   
   

 

 

 
      27,728,159   
   

 

 

 

Ireland—1.1%

   

Aer Lingus Group plc

    42,387        86,979   

C&C Group plc

    204,054        1,104,411   

DCC plc

    50,148        2,051,977   

FBD Holdings plc

    15,309        308,768   

Glanbia plc

    57,037        747,009   

Grafton Group plc

    111,227        1,050,851   

IFG Group plc

    44,002        80,459   

Irish Continental Group plc

    1,706        58,985   

Kenmare Resources plc (a)

    145,693        66,848   

Kingspan Group plc

    67,194        1,120,344   

Paddy Power plc

    27,063        2,166,643   

Smurfit Kappa Group plc

    81,172        1,853,216   
   

 

 

 
      10,696,490   
   

 

 

 

Israel—1.0%

   

Africa Israel Investments, Ltd. (a)

    50,826        87,807   

Africa Israel Properties, Ltd. (a)

    7,501        114,872   

Africa Israel Residences, Ltd.

    880        12,446   

Airport City, Ltd. (a)

    18,842        153,995   

AL-ROV Israel, Ltd. (a)

    2,628        76,126   

Allot Communications, Ltd. (a)

    6,459        83,061   

Alon Holdings Blue Square Israel, Ltd. (a)

    8,063        31,123   

Alrov Properties and Lodgings, Ltd. (a)

    1,923        49,658   

Amot Investments, Ltd.

    28,877        86,799   

AudioCodes, Ltd. (a)

    17,523        119,411   

Avgol Industries 1953, Ltd.

    46,857        40,948   

Azorim-Investment Development & Construction Co., Ltd. (a)

    23,712        24,080   

Babylon, Ltd.

    13,198        110,004   

Bayside Land Corp.

    413        111,211   

Big Shopping Centers 2004, Ltd.

    716        28,080   

Biocell, Ltd. (a)

    2,190        14,011   

BioLine RX, Ltd. (a)

    25,645        5,772   

Blue Square Real Estate, Ltd.

    374        14,352   

Israel—(Continued)

   

Cellcom Israel, Ltd. (a)

    10,559      118,002   

Ceragon Networks, Ltd. (a)

    14,799        60,487   

Clal Biotechnology Industries, Ltd. (a)

    17,580        37,735   

Clal Industries, Ltd.

    35,222        153,025   

Clal Insurance Enterprises Holdings, Ltd.

    10,363        187,328   

Compugen, Ltd. (a)

    13,456        136,665   

Delek Automotive Systems, Ltd.

    16,947        196,981   

Delta-Galil Industries, Ltd.

    5,417        107,457   

Direct Insurance Financial Investments, Ltd.

    5,783        29,538   

Elbit Imaging, Ltd. (a)

    202        237   

Elbit Systems, Ltd.

    12,220        659,456   

Electra, Ltd.

    895        119,855   

Elron Electronic Industries, Ltd. (a)

    7,585        51,357   

Equital, Ltd. (a)

    550        8,071   

Evogene, Ltd. (a)

    16,323        126,948   

EZchip Semiconductor, Ltd. (a)

    9,853        245,069   

First International Bank of Israel, Ltd.

    10,887        178,836   

FMS Enterprises Migun, Ltd.

    910        11,878   

Formula Systems 1985, Ltd.

    4,463        113,100   

Frutarom Industries, Ltd.

    19,140        349,116   

Gilat Satellite Networks, Ltd. (a)

    12,836        63,388   

Given Imaging, Ltd. (a)

    8,717        168,886   

Golf & Co., Ltd.

    6,101        22,318   

Hadera Paper, Ltd. (a)

    1,386        85,546   

Harel Insurance Investments & Financial Services, Ltd.

    57,410        329,786   

Industrial Buildings Corp.

    43,794        77,326   

Israel Discount Bank, Ltd. - Class A (a)

    336,890        608,020   

Israel Land Development Co., Ltd. (The)

    3,950        13,812   

Ituran Location and Control, Ltd.

    9,589        178,807   

Jerusalem Oil Exploration (a)

    5,621        197,816   

Kamada, Ltd. (a)

    11,968        182,557   

Kerur Holdings, Ltd.

    931        15,858   

Maabarot Products, Ltd.

    4,183        46,976   

Magic Software Enterprises, Ltd.

    9,462        65,752   

Matrix IT, Ltd.

    19,777        112,937   

Mazor Robotics, Ltd. (a)

    13,274        113,125   

Meitav DS Investments, Ltd.

    5,193        17,378   

Melisron, Ltd.

    6,384        169,278   

Mellanox Technologies, Ltd. (a)

    2,761        104,808   

Menorah Mivtachim Holdings, Ltd. (a)

    13,207        155,748   

Migdal Insurance & Financial Holding, Ltd.

    133,078        222,821   

Naphtha Israel Petroleum Corp., Ltd. (a)

    18,925        122,499   

Neto ME Holdings, Ltd.

    1,150        61,778   

Nitsba Holdings 1995, Ltd. (a)

    16,809        217,067   

Nova Measuring Instruments, Ltd. (a)

    10,093        90,601   

Oil Refineries, Ltd. (a)

    432,149        168,912   

Ormat Industries (a)

    29,986        195,850   

Osem Investments, Ltd.

    14,691        328,370   

Partner Communications Co., Ltd.

    39,592        314,493   

Paz Oil Co., Ltd. (a)

    2,330        382,739   

Perion Network, Ltd. (a)

    3,246        42,391   

Phoenix Holdings, Ltd. (The)

    30,251        112,028   

Plasson Industries, Ltd.

    1,729        55,067   

Rami Levi Chain Stores Hashikma Marketing 2006, Ltd.

    2,926        164,348   

Shikun & Binui, Ltd.

    94,127        220,584   

 

MSF-91


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Israel—(Continued)

   

Shufersal, Ltd.

    37,713      $ 162,366   

Space Communication, Ltd. (a)

    2,951        49,545   

Strauss Group, Ltd.

    17,669        310,852   

Tower Semiconductor, Ltd. (a)

    10,537        52,052   

Union Bank of Israel (a)

    11,952        53,667   
   

 

 

 
      10,113,049   
   

 

 

 

Italy—3.1%

   

A2A S.p.A.

    450,367        440,348   

ACEA S.p.A.

    33,065        322,279   

Acotel Group S.p.A. (a)

    81        2,187   

Alerion Cleanpower S.p.A.

    10,865        50,977   

Amplifon S.p.A.

    48,850        267,025   

Ansaldo STS S.p.A.

    47,467        439,977   

Arnoldo Mondadori Editore S.p.A. (a) (d)

    62,817        80,801   

Ascopiave S.p.A.

    22,740        45,267   

Astaldi S.p.A.

    32,469        266,141   

Autogrill S.p.A. (a) (d)

    54,430        957,546   

Azimut Holding S.p.A.

    51,142        1,168,947   

Banca Carige S.p.A. (a) (d)

    414,328        265,937   

Banca Finnat Euramerica S.p.A.

    50,851        19,597   

Banca Generali S.p.A. (d)

    23,501        531,976   

Banca IFIS S.p.A.

    6,177        82,643   

Banca Piccolo Credito Valtellinese Scarl (a)

    112,363        137,572   

Banca Popolare dell’Emilia Romagna S.c.r.l. (a)

    171,912        1,233,880   

Banca Popolare dell’Etruria e del Lazio (a)

    7,755        6,367   

Banca Popolare di Milano Scarl (a) (d)

    1,773,934        1,007,832   

Banca Popolare di Sondrio SCARL

    154,558        862,779   

Banca Profilo S.p.A.

    117,883        37,296   

Banco di Desio e della Brianza S.p.A.

    20,306        54,773   

Banco Popolare SC (a) (d)

    839,831        1,251,900   

BasicNet S.p.A. (a)

    9,826        20,219   

Biesse S.p.A. (a)

    6,021        27,701   

Brembo S.p.A.

    17,718        461,937   

Brioschi Sviluppo Immobiliare S.p.A. (a)

    34,077        3,723   

Brunello Cucinelli S.p.A.

    4,018        130,597   

Buzzi Unicem S.p.A. (d)

    39,838        621,922   

Cairo Communication S.p.A.

    11,446        60,031   

Caltagirone Editore S.p.A. (a)

    6,273        7,547   

Carraro S.p.A. (a)

    5,504        15,683   

Cementir Holding S.p.A.

    31,117        115,848   

CIR-Compagnie Industriali Riunite S.p.A. (a)

    256,784        405,891   

Credito Bergamasco S.p.A.

    2,162        33,664   

Credito Emiliano S.p.A.

    44,882        274,167   

d’Amico International Shipping S.A. (a)

    58,934        43,705   

Danieli & C Officine Meccaniche S.p.A. (d)

    7,018        202,188   

Datalogic S.p.A.

    8,267        78,099   

Davide Campari-Milano S.p.A.

    1,504        13,042   

De’Longhi S.p.A.

    17,527        268,174   

DeA Capital S.p.A. (a)

    18,071        32,888   

DiaSorin S.p.A. (d)

    10,148        437,259   

Ei Towers S.p.A.

    3,833        146,861   

Engineering S.p.A.

    2,641        123,881   

ERG S.p.A.

    32,977        332,295   

Esprinet S.p.A.

    18,719        100,946   

Eurotech S.p.A. (a)

    13,076        27,280   

Italy—(Continued)

   

Falck Renewables S.p.A. (a)

    64,793      $ 91,989   

Fiera Milano S.p.A. (a)

    6,655        46,689   

Finmeccanica S.p.A. (a)

    224,698        1,345,496   

Fondiaria-Sai S.p.A. (a)

    37,296        79,451   

Gas Plus

    3,786        23,048   

Gemina S.p.A. (a)

    405,139        917,070   

Geox S.p.A. (d)

    52,589        143,867   

Gruppo Editoriale L’Espresso S.p.A. (a)

    80,856        118,813   

Gruppo MutuiOnline S.p.A.

    5,404        27,795   

Gtech S.p.A.

    23,515        671,581   

Hera S.p.A.

    345,485        696,562   

IMMSI S.p.A. (a)

    100,436        61,770   

Indesit Co. S.p.A. (d)

    25,444        244,508   

Industria Macchine Automatiche S.p.A.

    5,461        159,846   

Intek Group S.p.A. (a)

    80,757        30,589   

Interpump Group S.p.A.

    45,493        495,119   

Iren S.p.A.

    273,860        334,437   

Italcementi S.p.A.

    42,131        321,356   

Italmobiliare S.p.A. (a)

    4,262        107,338   

Juventus Football Club S.p.A. (a)

    147,435        40,496   

Landi Renzo S.p.A. (a)

    31,132        42,975   

MARR S.p.A.

    16,293        221,637   

Mediaset S.p.A. (a)

    348,643        1,416,848   

Mediolanum S.p.A. (d)

    74,083        538,664   

Meriella Burani S.p.A (a) (b) (c)

    6,116        0   

Milano Assicurazioni S.p.A. (a)

    484,485        346,104   

Nice S.p.A.

    9,890        35,489   

Piaggio & C S.p.A. (d)

    85,698        226,559   

Poltrona Frau S.p.A. (a)

    22,268        56,355   

Prelios S.p.A. (a)

    38,015        29,458   

Premafin Finanziaria S.p.A. (a)

    43,094        10,021   

Prima Industrie S.p.A. (a)

    243        3,287   

Prysmian S.p.A.

    62,845        1,538,235   

Recordati S.p.A.

    44,330        533,053   

Reply S.p.A.

    2,196        127,748   

Retelit S.p.A. (a)

    36,769        27,228   

Sabaf S.p.A.

    1,021        17,950   

SAES Getters S.p.A.

    1,416        13,336   

Safilo Group S.p.A. (a)

    22,504        442,823   

Saras S.p.A. (a) (d)

    134,526        168,539   

SAVE S.p.A.

    7,778        134,153   

Snai S.p.A. (a)

    21,135        23,708   

Societa Cattolica di Assicurazioni S.c.r.l.

    24,997        557,240   

Societa Iniziative Autostradali e Servizi S.p.A. (d)

    30,419        299,563   

Societa per la Bonifica dei Terreni Ferraresi e Imprese Agricole S.p.A.

    1,095        53,203   

Sogefi S.p.A.

    25,543        110,578   

SOL S.p.A.

    15,778        131,107   

Sorin S.p.A. (a)

    157,025        424,928   

Tiscali S.p.A. (a)

    802,477        43,564   

Tod’s S.p.A.

    1,371        257,069   

Trevi Finanziaria Industriale S.p.A.

    22,305        185,757   

Uni Land S.p.A. (a) (b) (c)

    4,937        0   

Unione di Banche Italiane SCPA

    54,789        277,081   

Unipol Gruppo Finanziario S.p.A. (d)

    133,203        588,932   

Vianini Lavori S.p.A.

    2,113        10,755   

 

MSF-92


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Italy—(Continued)

   

Vittoria Assicurazioni S.p.A.

    16,042      $ 177,153   

Yoox S.p.A. (a)

    22,641        777,459   

Zignago Vetro S.p.A.

    14,414        91,002   
   

 

 

 
      29,416,976   
   

 

 

 

Japan—22.8%

   

77 Bank, Ltd. (The)

    125,000        615,796   

A&A Material Corp. (a)

    12,000        18,280   

A&D Co., Ltd. (d)

    11,600        69,352   

A/S One Corp. (d)

    8,100        167,018   

Accordia Golf Co., Ltd.

    55,200        682,301   

Achilles Corp.

    94,000        132,467   

Adastria Holdings Co., Ltd

    8,320        396,452   

ADEKA Corp.

    50,300        597,868   

Aderans Co., Ltd. (d)

    6,400        92,486   

Advan Co., Ltd.

    6,500        79,340   

Aeon Delight Co., Ltd.

    3,300        63,472   

Aeon Fantasy Co., Ltd.

    4,000        54,426   

Agrex, Inc.

    900        7,810   

Ahresty Corp.

    12,800        107,722   

Ai Holdings Corp.

    24,600        293,428   

Aica Kogyo Co., Ltd.

    24,400        486,822   

Aichi Bank, Ltd. (The)

    5,300        253,764   

Aichi Corp. (d)

    19,600        105,679   

Aichi Steel Corp. (d)

    62,000        340,693   

Aichi Tokei Denki Co., Ltd.

    19,000        55,976   

Aida Engineering, Ltd.

    33,400        307,107   

Aigan Co., Ltd. (a)

    8,200        23,310   

Ain Pharmaciez, Inc.

    5,000        211,492   

Aiphone Co., Ltd.

    9,200        157,460   

Airport Facilities Co., Ltd. (d)

    15,000        141,717   

Aisan Industry Co., Ltd.

    16,600        164,844   

Aizawa Securities Co., Ltd.

    22,300        156,254   

Akebono Brake Industry Co., Ltd. (d)

    11,100        51,351   

Akita Bank, Ltd. (The) (d)

    126,000        341,126   

Alconix Corp.

    3,100        65,450   

Alinco, Inc.

    5,800        56,494   

Allied Telesis Holdings KK

    44,500        42,159   

Alpen Co., Ltd.

    9,600        199,530   

Alpha Corp.

    2,200        23,231   

Alpha Systems, Inc.

    3,940        49,301   

Alpine Electronics, Inc.

    25,000        272,744   

Alps Electric Co., Ltd. (a) (d)

    92,500        749,025   

Alps Logistics Co., Ltd.

    4,100        41,989   

Altech Corp.

    4,700        49,213   

Amano Corp.

    32,200        333,866   

Amiyaki Tei Co., Ltd.

    2,100        62,860   

Amuse, Inc. (d)

    3,000        61,394   

Anest Iwata Corp.

    18,000        90,863   

AOC Holdings, Inc.

    26,700        97,277   

Aohata Corp.

    100        1,758   

AOI Electronic Co., Ltd.

    2,800        39,550   

AOI Pro, Inc.

    4,700        30,489   

AOKI Holdings, Inc. (d)

    11,200        394,771   

Aomori Bank, Ltd. (The)

    118,000        314,288   

Aoyama Trading Co., Ltd.

    29,900        816,476   

Arakawa Chemical Industries, Ltd.

    10,900        97,338   

Japan—(Continued)

   

Arata Corp. (d)

    23,000      84,359   

Araya Industrial Co., Ltd.

    26,000        47,405   

Arcland Sakamoto Co., Ltd.

    8,400        125,811   

Arcs Co., Ltd.

    17,664        326,211   

Argo Graphics, Inc.

    3,700        65,465   

Ariake Japan Co., Ltd.

    7,100        176,006   

Arisawa Manufacturing Co., Ltd.

    20,700        133,819   

Arnest One Corp.

    21,900        516,405   

Artnature, Inc.

    3,500        73,090   

Asahi Broadcasting Corp.

    6,600        48,706   

Asahi Co., Ltd. (d)

    7,600        128,716   

Asahi Diamond Industrial Co., Ltd.

    32,500        323,125   

Asahi Holdings, Inc. (d)

    14,100        237,548   

Asahi Kogyosha Co., Ltd.

    16,000        59,646   

Asahi Net, Inc.

    5,000        22,270   

Asahi Organic Chemicals Industry Co., Ltd.

    44,000        100,874   

Asahi Printing Co., Ltd.

    200        5,018   

Asahipen Corp.

    4,000        6,472   

Asanuma Corp. (a)

    29,000        42,913   

Asatsu-DK, Inc. (d)

    16,400        445,279   

Asax Co., Ltd.

    1,800        30,809   

Ashimori Industry Co., Ltd. (a)

    33,000        45,719   

ASICS Trading Co., Ltd.

    800        14,410   

ASKA Pharmaceutical Co., Ltd.

    15,000        109,029   

ASKUL Corp.

    11,100        257,115   

Asunaro Aoki Construction Co., Ltd.

    8,000        48,021   

Atsugi Co., Ltd.

    104,000        119,849   

Autobacs Seven Co., Ltd. (d)

    38,700        593,889   

Avex Group Holdings, Inc. (d)

    17,000        496,263   

Awa Bank, Ltd. (The) (d)

    111,000        602,080   

Axell Corp.

    3,800        75,118   

Azbil Corp. (d)

    11,300        262,813   

Bando Chemical Industries, Ltd.

    51,000        202,624   

Bank of Iwate, Ltd. (The)

    9,100        439,359   

Bank of Kochi, Ltd. (The)

    16,000        18,765   

Bank of Nagoya, Ltd. (The)

    94,000        361,328   

Bank of Okinawa, Ltd. (The) (d)

    10,800        431,532   

Bank of Saga, Ltd. (The) (d)

    82,000        173,216   

Bank of the Ryukyus, Ltd. (d)

    23,800        298,827   

Belc Co., Ltd.

    6,200        112,058   

Belluna Co., Ltd.

    31,100        159,051   

Benefit One, Inc.

    10,200        113,967   

Best Bridal, Inc. (d)

    10,600        79,249   

Best Denki Co., Ltd. (a)

    50,400        80,813   

Bic Camera, Inc. (d)

    469        221,878   

Bit-isle, Inc. (d)

    6,600        56,477   

BML, Inc.

    6,600        216,271   

Bookoff Corp.

    4,700        32,162   

Bull-Dog Sauce Co., Ltd.

    6,000        10,804   

Bunka Shutter Co., Ltd.

    29,000        150,189   

C Uyemura & Co., Ltd.

    3,400        143,462   

CAC Corp.

    8,800        78,188   

Calsonic Kansei Corp. (d)

    83,000        444,954   

Can Do Co., Ltd.

    9,200        161,266   

Canon Electronics, Inc.

    12,000        221,419   

Cawachi, Ltd.

    9,700        192,458   

Central Glass Co., Ltd.

    114,000        378,175   

 

MSF-93


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Japan—(Continued)

   

Central Security Patrols Co., Ltd.

    3,300      $ 31,576   

Central Sports Co., Ltd. (d)

    3,200        50,275   

CFS Corp.

    4,400        17,622   

Chiba Kogyo Bank, Ltd. (The) (a)

    25,500        204,539   

Chino Corp.

    20,000        45,097   

Chiyoda Co., Ltd.

    12,000        255,462   

Chiyoda Integre Co., Ltd.

    7,800        108,702   

Chofu Seisakusho Co., Ltd. (d)

    8,200        186,968   

Chori Co., Ltd.

    7,000        79,631   

Chubu Shiryo Co., Ltd.

    14,400        81,654   

Chudenko Corp.

    12,400        173,496   

Chuetsu Pulp & Paper Co., Ltd.

    55,000        86,359   

Chugai Mining Co., Ltd. (a)

    68,200        22,961   

Chugai Ro Co., Ltd. (d)

    42,000        110,271   

Chugoku Marine Paints, Ltd. (d)

    37,000        230,473   

Chukyo Bank, Ltd. (The) (d)

    64,000        115,528   

Chuo Denki Kogyo Co., Ltd. (a)

    11,100        37,889   

Chuo Gyorui Co., Ltd.

    2,000        5,045   

Chuo Spring Co., Ltd.

    19,000        63,934   

CKD Corp.

    32,300        285,179   

Clarion Co., Ltd. (a) (d)

    47,000        61,963   

Cleanup Corp. (d)

    14,500        127,514   

CMIC Holdings Co., Ltd. (d)

    5,800        79,553   

CMK Corp. (d)

    26,400        74,690   

Coca-Cola Central Japan Co., Ltd.

    27,171        437,142   

Cocokara fine, Inc.

    7,500        236,683   

Computer Engineering & Consulting, Ltd.

    7,000        44,032   

Computer Institute of Japan, Ltd.

    2,000        8,118   

Core Corp.

    3,000        23,736   

Corona Corp.

    8,500        95,696   

Cosel Co., Ltd. (d)

    13,100        159,144   

Cosmo Oil Co., Ltd. (a)

    157,000        294,730   

Create Medic Co., Ltd.

    1,800        16,750   

CREATE SD HOLDINGS Co., Ltd.

    5,400        198,006   

Cross Plus, Inc.

    1,100        9,542   

CTI Engineering Co., Ltd.

    6,100        51,174   

Cybernet Systems Co., Ltd.

    3,900        13,894   

Cybozu, Inc.

    119        35,570   

Dai Nippon Toryo Co., Ltd. (d)

    70,000        122,980   

Dai-Dan Co., Ltd. (d)

    17,000        92,993   

Dai-Ichi Kogyo Seiyaku Co., Ltd.

    24,000        59,451   

Dai-ichi Seiko Co., Ltd. (d)

    6,300        88,630   

Daibiru Corp.

    24,500        287,022   

Daido Kogyo Co., Ltd.

    19,000        52,573   

Daido Metal Co., Ltd.

    21,000        216,624   

Daidoh, Ltd. (d)

    13,700        98,620   

Daiei, Inc. (The) (a)

    64,700        194,667   

Daifuku Co., Ltd. (d)

    49,000        532,385   

Daihatsu Diesel Manufacturing Co., Ltd.

    7,000        32,633   

Daihen Corp.

    63,000        253,159   

Daiho Corp.

    43,000        121,956   

Daiichi Jitsugyo Co., Ltd.

    26,000        114,259   

Daiichi Kigenso Kagaku-Kogyo Co., Ltd.

    1,000        28,431   

Daiichikosho Co., Ltd.

    5,000        136,466   

Daiken Corp.

    40,000        114,321   

Daiki Aluminium Industry Co., Ltd.

    16,000        50,640   

Daiki Ataka Engineering Co., Ltd. (d)

    10,000        55,743   

Japan—(Continued)

   

Daiko Clearing Services Corp. (d)

    5,300      36,982   

Daikoku Denki Co., Ltd.

    4,400        95,345   

Daikokutenbussan Co., Ltd. (d)

    2,900        84,083   

Daikyo, Inc.

    151,000        482,720   

Dainichi Co., Ltd. (d)

    4,100        36,656   

Dainichiseika Color & Chemicals Manufacturing Co., Ltd.

    42,000        183,984   

Daio Paper Corp. (d)

    50,000        308,774   

Daisan Bank, Ltd. (The)

    102,000        165,754   

Daiseki Co., Ltd. (d)

    17,700        326,723   

Daiseki Eco. Solution Co., Ltd.

    1,000        17,367   

Daishi Bank, Ltd. (The)

    182,000        658,298   

Daishinku Corp.

    21,000        83,332   

Daiso Co., Ltd.

    46,000        143,517   

Daisyo Corp. (d)

    5,300        71,813   

Daito Bank, Ltd. (The)

    88,000        86,197   

Daito Electron Co., Ltd.

    800        3,238   

Daito Pharmaceutical Co., Ltd.

    4,600        68,320   

Daiwa Industries, Ltd.

    15,000        94,482   

Daiwabo Holdings Co., Ltd. (d)

    134,000        247,491   

DC Co., Ltd. (d)

    11,500        80,311   

DCM Holdings Co., Ltd.

    46,300        328,925   

Denki Kogyo Co., Ltd.

    36,000        230,229   

Denyo Co., Ltd.

    9,800        122,691   

Descente, Ltd.

    26,000        187,428   

DKK-Toa Corp.

    2,200        9,682   

DMW Corp.

    700        11,440   

Doshisha Co., Ltd.

    12,400        177,615   

Doutor Nichires Holdings Co., Ltd.

    18,600        326,535   

Dr Ci:Labo Co., Ltd. (d)

    62        184,324   

Dream Incubator, Inc. (a)

    18        29,279   

DTS Corp.

    12,000        190,456   

Dunlop Sports Co., Ltd.

    8,300        105,107   

Duskin Co., Ltd.

    26,800        537,543   

Dydo Drinco, Inc.

    4,300        176,441   

Dynic Corp.

    16,000        27,895   

Eagle Industry Co., Ltd.

    14,000        228,988   

Ebara Jitsugyo Co., Ltd.

    4,600        62,388   

EDION Corp. (d)

    53,200        266,560   

Ehime Bank, Ltd. (The)

    94,000        230,373   

Eidai Co., Ltd.

    15,000        77,563   

Eighteenth Bank, Ltd. (The)

    101,000        239,326   

Eiken Chemical Co., Ltd. (d)

    8,200        153,507   

Eizo Corp. (d)

    11,100        287,047   

Elecom Co., Ltd.

    4,500        61,680   

Elematec Corp.

    5,000        68,757   

EM Systems Co., Ltd. (d)

    1,900        39,042   

Emori & Co., Ltd.

    2,500        34,844   

en-japan, Inc.

    4,600        102,869   

Enplas Corp.

    900        57,272   

Enshu, Ltd. (a)

    23,000        40,515   

EPS Corp. (d)

    140        136,976   

ESPEC Corp.

    13,000        101,873   

Excel Co., Ltd. (d)

    5,000        58,184   

Exedy Corp.

    16,800        413,906   

Ezaki Glico Co., Ltd.

    24,000        227,575   

F-Tech, Inc.

    3,600        60,880   

 

MSF-94


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Japan—(Continued)

   

Faith, Inc. (d)

    4,580      $ 55,951   

FALCO SD HOLDINGS Co., Ltd.

    4,300        60,098   

Fancl Corp. (d)

    23,200        282,565   

FCC Co., Ltd. (d)

    16,600        384,136   

Ferrotec Corp.

    19,900        98,918   

FIDEA Holdings Co., Ltd.

    83,610        170,960   

Fields Corp.

    8,800        145,739   

First Juken Co., Ltd.

    3,400        53,656   

Foster Electric Co., Ltd. (d)

    13,800        287,195   

FP Corp. (d)

    6,600        496,032   

France Bed Holdings Co., Ltd. (d)

    65,000        136,059   

Fudo Tetra Corp. (a)

    73,700        136,541   

Fuji Co., Ltd./Ehime (d)

    8,800        157,749   

Fuji Corp., Ltd.

    13,400        96,395   

Fuji Electronics Co., Ltd.

    5,600        73,790   

Fuji Kiko Co., Ltd.

    13,000        40,642   

Fuji Kosan Co., Ltd.

    4,600        27,769   

Fuji Oil Co.,,Ltd.

    31,400        546,144   

Fuji Pharma Co., Ltd. (d)

    3,300        58,464   

Fuji Seal International, Inc.

    10,600        321,847   

Fuji Soft, Inc.

    10,400        197,170   

Fujibo Holdings, Inc.

    63,000        142,635   

Fujicco Co., Ltd.

    11,000        135,631   

Fujikura Kasei Co., Ltd.

    14,000        73,238   

Fujikura, Ltd. (d)

    213,000        827,666   

Fujimi, Inc.

    10,400        140,501   

Fujimori Kogyo Co., Ltd.

    7,200        235,847   

Fujisash Co., Ltd. (a) (d)

    24,500        71,107   

Fujitec Co., Ltd.

    35,000        440,708   

Fujitsu Frontech, Ltd. (d)

    10,500        86,121   

Fujitsu General, Ltd.

    29,000        333,672   

Fujiya Co., Ltd.

    57,000        112,693   

FuKoKu Co., Ltd.

    5,100        42,861   

Fukuda Corp.

    14,000        53,673   

Fukui Bank, Ltd. (The)

    144,000        319,088   

Fukushima Bank, Ltd. (The) (d)

    143,000        127,277   

Fukushima Industries Corp. (d)

    7,400        116,167   

Fukuyama Transporting Co., Ltd. (d)

    81,000        524,742   

Fumakilla, Ltd.

    8,000        23,398   

Funai Consulting, Inc.

    11,700        92,026   

Funai Electric Co., Ltd. (d)

    7,900        85,340   

Furukawa Battery Co., Ltd.

    10,000        53,835   

Furukawa Co., Ltd.

    186,000        423,663   

Furukawa Electric Co., Ltd. (d)

    199,000        459,986   

Furukawa-Sky Aluminum Corp. (d)

    50,000        168,066   

Furuno Electric Co., Ltd. (d)

    11,400        76,206   

Furusato Industries, Ltd.

    4,600        46,590   

Furuya Metal Co., Ltd.

    1,700        50,308   

Fuso Chemical Co., Ltd.

    800        22,095   

Fuso Pharmaceutical Industries, Ltd.

    41,000        134,544   

Futaba Corp.

    15,900        204,212   

Futaba Industrial Co., Ltd. (a) (d)

    31,700        131,414   

Future Architect, Inc.

    9,800        59,017   

Fuyo General Lease Co., Ltd.

    8,000        301,193   

G-Tekt Corp.

    4,700        128,139   

Gakken Holdings Co., Ltd. (d)

    28,000        86,620   

Gecoss Corp.

    7,700        56,570   

Japan—(Continued)

   

Genki Sushi Co., Ltd.

    2,300      $ 29,482   

Geo Holdings Corp. (d)

    19,600        183,459   

GLOBERIDE, Inc.

    45,000        66,210   

GLORY, Ltd.

    26,900        676,687   

GMO Payment Gateway, Inc. (d)

    3,500        95,321   

Godo Steel, Ltd.

    90,000        178,356   

Goldcrest Co., Ltd. (d)

    8,830        239,774   

Goldwin, Inc.

    18,000        88,763   

Gourmet Kineya Co., Ltd. (d)

    8,000        56,534   

GSI Creos Corp.

    28,000        43,035   

Gulliver International Co., Ltd.

    33,600        201,490   

Gun-Ei Chemical Industry Co., Ltd. (d)

    24,000        129,729   

Gunze, Ltd.

    118,000        321,456   

Gurunavi, Inc.

    7,500        136,319   

H-One Co., Ltd.

    7,700        77,597   

Hagihara Industries, Inc.

    1,800        24,927   

Hajime Construction Co., Ltd.

    1,000        64,784   

Hakudo Co., Ltd.

    500        4,048   

Hakuto Co., Ltd.

    8,500        82,071   

Hakuyosha Co., Ltd.

    8,000        19,216   

Hamakyorex Co., Ltd.

    4,400        126,601   

Hanwa Co., Ltd.

    111,000        526,603   

Happinet Corp.

    7,800        59,932   

Harashin Narus Holdings Co., Ltd.

    7,100        126,277   

Hard Off Corp. Co., Ltd.

    4,900        37,991   

Harima Chemicals Group, Inc.

    7,100        34,686   

Harmonic Drive Systems, Inc.

    600        12,389   

Haruyama Trading Co., Ltd.

    5,400        34,593   

Haseko Corp. (a)

    56,300        405,855   

Hazama Ando Corp.

    78,790        263,977   

Heiwa Corp. (d)

    6,600        114,824   

Heiwa Real Estate Co., Ltd.

    22,200        409,436   

Heiwado Co., Ltd.

    17,200        268,196   

HI-LEX Corp.

    8,800        193,102   

Hibiya Engineering, Ltd. (d)

    14,600        177,495   

Hiday Hidaka Corp.

    4,560        101,418   

Higashi Nihon House Co., Ltd.

    20,000        129,595   

Higashi-Nippon Bank, Ltd. (The)

    86,000        204,482   

Higo Bank, Ltd. (The)

    97,000        569,378   

Himaraya Co., Ltd.

    3,100        43,356   

Hioki EE Corp.

    4,900        69,492   

Hiramatsu, Inc.

    12,900        87,750   

Hirano Tecseed Co., Ltd.

    500        5,258   

HIS Co., Ltd.

    9,900        581,097   

Hisaka Works, Ltd.

    12,000        114,518   

Hitachi Koki Co., Ltd. (d)

    26,800        212,237   

Hitachi Kokusai Electric, Inc.

    2,000        24,051   

Hitachi Medical Corp. (d)

    9,000        121,207   

Hitachi Metals Techno, Ltd.

    2,000        18,116   

Hitachi Zosen Corp. (d)

    80,000        629,159   

Hochiki Corp.

    10,000        48,522   

Hodogaya Chemical Co., Ltd.

    28,000        57,766   

Hogy Medical Co., Ltd.

    6,000        333,099   

Hokkaido Gas Co., Ltd. (d)

    27,000        71,891   

Hokkan Holdings, Ltd.

    31,000        96,451   

Hokko Chemical Industry Co., Ltd.

    8,000        24,484   

Hokkoku Bank, Ltd. (The) (d)

    149,000        567,891   

 

MSF-95


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Japan—(Continued)

   

Hokuetsu Bank, Ltd. (The)

    127,000      $ 282,839   

Hokuetsu Industries Co., Ltd.

    4,000        12,475   

Hokuetsu Kishu Paper Co., Ltd. (d)

    65,500        310,234   

Hokuriku Electric Industry Co., Ltd.

    37,000        54,103   

Hokuriku Electrical Construction Co., Ltd.

    9,000        31,680   

Hokuriku Gas Co., Ltd.

    10,000        25,544   

Hokuto Corp. (d)

    13,400        242,931   

Honeys Co., Ltd. (d)

    10,130        110,616   

Hoosiers Holdings Co., Ltd. (d)

    13,500        118,666   

Horiba, Ltd.

    19,400        727,739   

Hosiden Corp. (d)

    39,400        212,660   

Hosokawa Micron Corp.

    16,000        113,255   

House Foods Corp. (d)

    4,000        62,231   

Howa Machinery, Ltd.

    7,400        65,239   

Hurxley Corp.

    800        6,269   

Hyakugo Bank, Ltd. (The)

    130,000        536,469   

Hyakujushi Bank, Ltd. (The)

    136,000        541,422   

I-Net Corp.

    3,200        23,234   

IBJ Leasing Co., Ltd.

    7,200        187,784   

Ichibanya Co., Ltd.

    3,500        146,321   

Ichikoh Industries, Ltd. (a)

    26,000        49,968   

ICHINEN HOLDINGS Co., Ltd.

    9,300        65,284   

Icom, Inc.

    4,400        103,566   

Idec Corp. (d)

    15,400        144,570   

Ihara Chemical Industry Co., Ltd. (d)

    24,000        172,682   

Iida Home Max (d)

    6,800        138,768   

Iino Kaiun Kaisha, Ltd. (d)

    45,000        291,919   

Ikegami Tsushinki Co., Ltd. (a)

    30,000        33,480   

Imasen Electric Industrial (d)

    8,300        119,595   

Imperial Hotel, Ltd.

    1,300        34,635   

Inaba Denki Sangyo Co., Ltd.

    11,300        339,452   

Inaba Seisakusho Co., Ltd.

    6,900        94,721   

Inabata & Co., Ltd.

    29,800        287,499   

Inageya Co., Ltd. (d)

    12,200        125,711   

Ines Corp. (d)

    20,000        123,595   

Infocom Corp.

    8,600        77,425   

Information Services International-Dentsu, Ltd.

    7,300        79,131   

Innotech Corp.

    10,300        47,716   

Intage, Inc. (d)

    8,000        101,296   

Internet Initiative Japan, Inc.

    10,800        310,894   

Inui Steamship Co., Ltd. (a)

    13,300        53,726   

Inui Warehouse Co., Ltd. (d)

    700        9,609   

Iriso Electronics Co., Ltd.

    5,200        208,829   

Ise Chemical Corp.

    8,000        73,881   

Iseki & Co., Ltd. (d)

    105,000        374,201   

Ishihara Sangyo Kaisha, Ltd. (a) (d)

    218,000        227,160   

Ishii Iron Works Co., Ltd.

    16,000        53,534   

Ishizuka Glass Co., Ltd.

    5,000        14,555   

IT Holdings Corp.

    44,500        562,171   

ITC Networks Corp. (d)

    8,400        80,004   

Itfor, Inc.

    10,300        42,040   

Itochu Enex Co., Ltd.

    32,300        168,122   

Itochu-Shokuhin Co., Ltd. (d)

    2,600        86,927   

Itoham Foods, Inc. (d)

    80,000        333,494   

Itoki Corp.

    22,700        118,637   

Iwai Cosmo Holdings, Inc.

    9,800        147,817   

Iwaki & Co., Ltd.

    14,000        29,419   

Japan—(Continued)

   

Iwasaki Electric Co., Ltd. (a)

    38,000      $ 88,517   

Iwatani Corp. (d)

    91,000        368,286   

Iwatsu Electric Co., Ltd. (d)

    62,000        65,920   

Iwatsuka Confectionery Co., Ltd.

    500        24,667   

Izumiya Co., Ltd.

    41,000        189,873   

Izutsuya Co., Ltd. (a)

    47,000        43,667   

J-Oil Mills, Inc.

    61,000        194,739   

Jalux, Inc. (d)

    4,000        47,380   

Jamco Corp.

    5,900        74,818   

Janome Sewing Machine Co., Ltd. (a) (d)

    97,000        87,253   

Japan Airport Terminal Co., Ltd. (d)

    21,700        499,696   

Japan Aviation Electronics Industry, Ltd. (d)

    29,000        336,194   

Japan Carlit Co., Ltd. (c)

    7,300        39,287   

Japan Communications, Inc. (a)

    184        10,522   

Japan Digital Laboratory Co., Ltd.

    12,600        149,665   

Japan Foundation Engineering Co., Ltd.

    14,100        61,128   

Japan Medical Dynamic Marketing, Inc.

    3,000        8,140   

Japan Oil Transportation Co., Ltd.

    1,000        2,244   

Japan Pulp & Paper Co., Ltd. (d)

    51,000        167,845   

Japan Radio Co., Ltd. (a) (d)

    32,000        117,788   

Japan Transcity Corp.

    29,000        102,069   

Japan Vilene Co., Ltd.

    16,000        83,266   

Japan Wool Textile Co., Ltd. (The)

    27,000        213,661   

Jastec Co., Ltd.

    5,100        39,966   

JBCC Holdings, Inc. (d)

    9,100        90,947   

JCU Corp.

    1,200        53,196   

Jidosha Buhin Kogyo Co., Ltd. (c)(d)

    9,000        47,795   

Jimoto Holdings, Inc.

    49,500        106,707   

JK Holdings Co., Ltd.

    5,600        34,622   

JMS Co., Ltd.

    15,000        49,197   

Joban Kosan Co., Ltd. (a) (d)

    8,000        14,042   

Joshin Denki Co., Ltd.

    23,000        197,331   

Jowa Holdings Co., Ltd.

    3,000        89,503   

JSP Corp.

    10,700        174,920   

Juroku Bank, Ltd. (The) (d)

    164,000        646,534   

Justsystems Corp. (a)

    13,800        87,887   

JVC Kenwood Corp. (d)

    94,400        181,212   

K’s Holdings Corp. (d)

    4,400        120,523   

Kadokawa Group Holdings, Inc. (d)

    10,600        374,357   

Kaga Electronics Co., Ltd. (d)

    11,800        100,385   

Kagome Co., Ltd. (d)

    6,200        105,038   

Kagoshima Bank, Ltd. (The) (d)

    85,000        581,683   

Kaken Pharmaceutical Co., Ltd. (d)

    39,000        587,573   

Kakiyasu Honten Co., Ltd.

    4,600        64,815   

Kameda Seika Co., Ltd.

    8,000        239,567   

Kamei Corp. (d)

    16,300        124,005   

Kanaden Corp.

    11,000        72,624   

Kanagawa Chuo Kotsu Co., Ltd. (d)

    20,000        108,077   

Kanamoto Co., Ltd. (d)

    15,000        411,078   

Kandenko Co., Ltd. (d)

    58,000        351,440   

Kanematsu Corp.

    245,000        332,594   

Kanematsu Electronics, Ltd.

    7,500        97,661   

Kanematsu-NNK Corp. (a)

    18,000        31,039   

Kanemi Co., Ltd.

    100        3,069   

Kansai Urban Banking Corp.

    140,000        155,856   

Kanto Natural Gas Development, Ltd.

    16,000        123,214   

Kasai Kogyo Co., Ltd.

    12,000        73,703   

 

MSF-96


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Japan—(Continued)

   

Kasumi Co., Ltd.

    22,300      $ 140,441   

Katakura Chikkarin Co., Ltd.

    8,000        21,402   

Katakura Industries Co., Ltd.

    13,200        180,031   

Kato Sangyo Co., Ltd.

    10,500        225,228   

Kato Works Co., Ltd.

    34,000        204,414   

KAWADA TECHNOLOGIES, Inc. (d)

    2,400        70,749   

Kawai Musical Instruments Manufacturing Co., Ltd.

    44,000        87,009   

Kawasaki Kinkai Kisen Kaisha, Ltd.

    7,000        20,581   

Kawasumi Laboratories, Inc.

    8,500        52,856   

Keihanshin Building Co., Ltd.

    14,500        81,753   

Keihin Co. Ltd/Minato-Ku Tokyo Japan

    31,000        59,365   

Keihin Corp. (d)

    23,400        377,819   

Keiyo Bank, Ltd. (The)

    125,000        658,058   

Keiyo Co., Ltd. (d)

    17,200        82,168   

Kenko Mayonnaise Co., Ltd.

    5,900        53,687   

Kentucky Fried Chicken Japan, Ltd.

    4,000        86,149   

KEY Coffee, Inc. (d)

    10,000        159,022   

Kimoto Co., Ltd. (d)

    10,200        101,815   

King Jim Co., Ltd. (d)

    5,800        41,435   

Kinki Sharyo Co., Ltd.

    21,000        70,704   

Kintetsu World Express, Inc.

    7,400        265,987   

Kinugawa Rubber Industrial Co., Ltd.

    28,000        170,952   

Kisoji Co., Ltd. (d)

    8,000        151,467   

Kissei Pharmaceutical Co., Ltd.

    14,600        335,275   

Kita-Nippon Bank, Ltd. (The) (d)

    4,900        117,159   

Kitagawa Iron Works Co., Ltd.

    50,000        99,462   

Kitamura Co., Ltd.

    3,700        23,658   

Kitano Construction Corp.

    22,000        50,176   

Kito Corp. (d)

    4,900        75,849   

Kitz Corp. (d)

    59,100        267,465   

Kiyo Holdings, Inc. (c)

    353,000        488,407   

KLab, Inc. (a) (d)

    14,800        128,484   

Koa Corp.

    18,900        187,467   

Koatsu Gas Kogyo Co., Ltd.

    16,000        86,257   

Kohnan Shoji Co., Ltd. (d)

    17,900        196,649   

Kohsoku Corp.

    5,400        52,143   

Koike Sanso Kogyo Co., Ltd.

    7,000        16,554   

Kojima Co., Ltd. (d)

    12,000        35,239   

Kokusai Co., Ltd.

    3,400        32,530   

Kokuyo Co., Ltd.

    48,400        377,475   

KOMAIHALTEC, Inc.

    24,000        61,682   

Komatsu Seiren Co., Ltd.

    19,000        99,788   

Komatsu Wall Industry Co., Ltd.

    3,800        73,544   

Komeri Co., Ltd. (d)

    16,100        396,259   

Komori Corp. (d)

    41,600        614,353   

Konaka Co., Ltd.

    10,700        101,464   

Kondotec, Inc.

    11,200        81,419   

Konishi Co., Ltd.

    9,200        176,937   

Kosaido Co., Ltd. (a)

    3,700        20,354   

Kose Corp. (d)

    15,700        454,840   

Koshidaka Holdings Co., Ltd. (d)

    2,000        66,438   

Kotobuki Spirits Co., Ltd.

    2,600        33,804   

Krosaki Harima Corp. (d)

    24,000        58,011   

KRS Corp.

    3,700        38,399   

KU Holdings Co., Ltd.

    4,000        41,957   

Kumagai Gumi Co., Ltd. (a) (d)

    90,000      $ 214,942   

Japan—(Continued)

   

Kumiai Chemical Industry Co., Ltd. (d)

    28,000      $ 199,239   

Kura Corp.

    6,200        103,127   

Kurabo Industries, Ltd. (d)

    132,000        223,716   

Kureha Corp. (d)

    82,000        296,063   

Kurimoto, Ltd.

    63,000        187,935   

Kuroda Electric Co., Ltd. (d)

    19,200        256,522   

Kusuri No. Aoki Co., Ltd.

    1,700        111,073   

KYB Co., Ltd.

    80,000        519,337   

Kyodo Printing Co., Ltd.

    51,000        147,605   

Kyodo Shiryo Co., Ltd.

    41,000        48,134   

Kyoei Steel, Ltd. (d)

    10,000        182,988   

Kyoei Tanker Co., Ltd. (a)

    9,000        23,126   

Kyokuto Boeki Kaisha, Ltd. (a)

    9,000        18,753   

Kyokuto Kaihatsu Kogyo Co., Ltd. (d)

    20,200        260,587   

Kyokuto Securities Co., Ltd. (d)

    2,000        35,625   

Kyokuyo Co., Ltd.

    45,000        130,527   

KYORIN Holdings, Inc.

    25,000        534,215   

Kyoritsu Maintenance Co., Ltd.

    6,000        246,623   

Kyoritsu Printing Co., Ltd.

    6,800        17,739   

Kyosan Electric Manufacturing Co., Ltd.

    31,000        111,251   

Kyoto Kimono Yuzen Co., Ltd.

    7,300        81,417   

Kyowa Electronics Instruments Co., Ltd.

    8,000        29,377   

Kyowa Exeo Corp.

    45,100        532,675   

Kyowa Leather Cloth Co., Ltd.

    3,300        10,803   

Kyudenko Corp.

    26,000        139,905   

LAC Co., Ltd.

    5,900        36,918   

Land Business Co., Ltd. (d)

    7,100        35,637   

Lasertec Corp. (d)

    9,600        95,815   

LEC, Inc.

    4,400        56,592   

Life Corp.

    15,500        205,324   

Lintec Corp.

    24,200        516,393   

Lion Corp. (d)

    77,000        470,010   

Look, Inc.

    21,000        68,979   

Macnica, Inc.

    6,300        167,839   

Macromill, Inc. (d)

    22,800        138,082   

Maeda Corp.

    74,000        457,117   

Maeda Road Construction Co., Ltd.

    36,000        599,380   

Maezawa Kasei Industries Co., Ltd.

    6,800        73,113   

Maezawa Kyuso Industries Co., Ltd.

    5,600        72,342   

Makino Milling Machine Co., Ltd. (d)

    64,000        454,513   

Mamiya-Op Co., Ltd.

    28,000        54,777   

Mandom Corp. (d)

    9,500        332,392   

Mani, Inc. (d)

    2,500        86,244   

Mars Engineering Corp. (d)

    5,300        102,364   

Marubun Corp.

    8,200        36,527   

Marudai Food Co., Ltd.

    60,000        194,396   

Maruei Department Store Co., Ltd. (a) (d)

    8,000        19,392   

Maruetsu, Inc. (The)

    24,000        78,251   

Marufuji Sheet Piling Co., Ltd.

    13,000        32,049   

Maruha Nichiro Holdings, Inc. (d)

    212,000        402,496   

Maruka Machinery Co., Ltd.

    2,900        44,838   

Marukyu Co., Ltd.

    1,300        13,481   

Marusan Securities Co., Ltd. (d)

    40,600        342,241   

Maruwa Co., Ltd.

    5,400        192,051   

Maruyama Manufacturing Co., Inc.

    24,000        68,258   

Maruzen CHI Holdings Co., Ltd. (a) (d)

    18,800        55,967   

Maruzen Showa Unyu Co., Ltd.

    35,000        121,118   

 

MSF-97


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Japan—(Continued)

   

Marvelous AQL, Inc.

    17,000      $ 93,006   

Matsuda Sangyo Co., Ltd.

    9,000        128,892   

Matsui Construction Co., Ltd.

    9,000        36,820   

Matsumotokiyoshi Holdings Co., Ltd. (d)

    16,200        524,788   

Matsuya Foods Co., Ltd. (d)

    4,800        75,994   

Max Co., Ltd.

    22,000        255,347   

Maxvalu Nishinihon Co., Ltd.

    2,400        32,521   

Maxvalu Tokai Co., Ltd.

    5,000        68,207   

MEC Co., Ltd.

    9,400        42,027   

Medical System Network Co., Ltd. (d)

    7,900        34,181   

Megachips Corp.

    11,000        175,653   

Megmilk Snow Brand Co., Ltd.

    24,000        353,642   

Meidensha Corp.

    91,000        333,756   

Meiji Shipping Co., Ltd.

    8,500        37,931   

Meiko Electronics Co., Ltd. (a)

    7,500        51,902   

Meiko Network Japan Co., Ltd. (d)

    7,200        91,063   

Meisei Industrial Co., Ltd.

    23,000        92,595   

Meitec Corp. (d)

    14,900        429,814   

Meito Sangyo Co., Ltd.

    4,500        47,269   

Meito Transportation Co., Ltd.

    2,800        18,347   

Meiwa Corp.

    10,900        36,498   

Meiwa Estate Co., Ltd. (a) (d)

    8,300        37,448   

Melco Holdings, Inc. (d)

    7,800        109,074   

Message Co., Ltd.

    8,000        239,003   

Michinoku Bank, Ltd. (The)

    82,000        165,627   

Micronics Japan Co., Ltd. (a)

    7,700        37,389   

Mie Bank, Ltd. (The)

    54,000        111,854   

Mikuni Corp.

    3,000        9,794   

Milbon Co., Ltd.

    5,800        237,964   

Mimasu Semiconductor Industry Co., Ltd.

    10,500        92,599   

Minato Bank, Ltd. (The)

    86,000        146,469   

Minebea Co., Ltd. (d)

    190,000        971,412   

Ministop Co., Ltd. (d)

    9,100        141,832   

Miraial Co., Ltd.

    2,900        47,034   

Mirait Holdings Corp.

    34,700        296,987   

Miroku Jyoho Service Co., Ltd.

    7,000        32,203   

Misawa Homes Co., Ltd. (d)

    15,900        252,753   

Mitani Corp.

    9,700        189,715   

Mitani Sekisan Co., Ltd.

    5,000        77,179   

Mito Securities Co., Ltd. (d)

    32,000        173,385   

Mitsuba Corp.

    21,000        376,870   

Mitsubishi Kakoki Kaisha, Ltd. (a)

    43,000        84,443   

Mitsubishi Nichiyu Forklift Co., Ltd.

    16,000        81,677   

Mitsubishi Paper Mills, Ltd. (a) (d)

    198,000        179,760   

Mitsubishi Pencil Co., Ltd.

    10,800        259,128   

Mitsubishi Research Institute, Inc.

    3,300        71,917   

Mitsubishi Shokuhin Co., Ltd. (d)

    5,500        150,968   

Mitsubishi Steel Manufacturing Co., Ltd.

    91,000        296,755   

Mitsuboshi Belting Co., Ltd.

    31,000        164,722   

Mitsui Engineering & Shipbuilding Co., Ltd.

    414,000        850,863   

Mitsui High-Tec, Inc.

    17,500        127,251   

Mitsui Home Co., Ltd.

    17,000        83,554   

Mitsui Knowledge Industry Co., Ltd. (d)

    33,800        53,709   

Mitsui Matsushima Co., Ltd.

    82,000        138,102   

Mitsui Mining & Smelting Co., Ltd.

    320,000        932,117   

Mitsui Sugar Co., Ltd.

    54,000        170,083   

Mitsui-Soko Co., Ltd.

    17,000        95,071   

Japan—(Continued)

   

Mitsumi Electric Co., Ltd. (a) (d)

    60,000      $ 425,414   

Mitsumura Printing Co., Ltd.

    5,000        13,499   

Mitsuuroko Holdings Co., Ltd.

    19,900        97,609   

Miura Co., Ltd. (d)

    15,500        427,584   

Miyaji Engineering Group, Inc. (a)

    36,000        76,452   

Miyazaki Bank, Ltd. (The)

    98,000        301,068   

Miyoshi Oil & Fat Co., Ltd.

    40,000        64,959   

Mizuno Corp. (d)

    46,000        273,373   

Mochida Pharmaceutical Co., Ltd. (d)

    6,600        431,900   

Modec, Inc.

    7,000        219,739   

Money Partners Group Co., Ltd.

    11,900        35,372   

Monogatari Corp. (The)

    1,900        86,741   

MORESCO Corp.

    3,000        34,203   

Mori Seiki Co., Ltd. (d)

    49,700        774,947   

Morinaga & Co., Ltd.

    114,000        245,226   

Morinaga Milk Industry Co., Ltd.

    104,000        327,368   

Morita Holdings Corp.

    25,000        192,546   

Morozoff, Ltd.

    13,000        41,699   

Mory Industries, Inc.

    18,000        75,621   

MOS Food Services, Inc.

    12,700        250,450   

Moshi Moshi Hotline, Inc.

    22,400        262,278   

Mr Max Corp.

    10,500        35,148   

MTI, Ltd. (d)

    4,300        39,916   

Murakami Corp.

    3,000        41,297   

Musashi Seimitsu Industry Co., Ltd. (d)

    11,200        287,189   

Musashino Bank, Ltd. (The)

    18,100        663,174   

Mutoh Holdings Co., Ltd. (d)

    7,000        35,258   

NAC Co., Ltd. (d)

    5,300        86,779   

Nachi-Fujikoshi Corp. (d)

    77,000        431,387   

Nafco Co., Ltd.

    1,400        21,495   

Nagaileben Co., Ltd.

    7,200        116,610   

Nagano Bank, Ltd. (The)

    49,000        87,473   

Nagano Keiki Co., Ltd. (d)

    4,200        31,104   

Nagatanien Co., Ltd.

    14,000        125,337   

Nagawa Co., Ltd.

    3,400        59,306   

Nakabayashi Co., Ltd.

    24,000        52,848   

Nakamuraya Co., Ltd. (d)

    26,000        106,990   

Nakanishi, Inc.

    200        27,888   

Nakano Corp.

    4,000        10,210   

Nakayama Steel Works, Ltd. (a)

    63,000        70,178   

Nakayamafuku Co., Ltd.

    2,000        15,445   

Namura Shipbuilding Co., Ltd. (d)

    16,100        214,865   

Nanto Bank, Ltd. (The)

    115,000        461,580   

Natori Co., Ltd.

    4,000        38,194   

NDS Co., Ltd.

    27,000        78,389   

NEC Capital Solutions, Ltd.

    5,500        134,076   

NEC Fielding, Ltd. (d)

    9,800        114,727   

NEC Networks & System Integration Corp.

    12,200        295,488   

NET One Systems Co., Ltd. (d)

    47,900        362,590   

Neturen Co., Ltd.

    18,300        178,063   

New Japan Chemical Co., Ltd. (a) (d)

    20,100        62,405   

Nice Holdings, Inc.

    40,000        104,196   

Nichi-iko Pharmaceutical Co., Ltd.

    8,800        205,707   

Nichia Steel Works, Ltd.

    13,000        46,126   

Nichias Corp.

    54,000        364,033   

Nichiban Co., Ltd.

    14,000        56,727   

Nichicon Corp.

    33,700        373,248   

 

MSF-98


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Japan—(Continued)

   

Nichiden Corp.

    4,000      $ 94,105   

Nichiha Corp.

    12,900        176,013   

Nichii Gakkan Co.

    24,700        247,317   

Nichimo Co., Ltd.

    16,000        31,185   

Nichirei Corp. (d)

    129,000        703,805   

Nichireki Co., Ltd.

    16,000        143,377   

Nidec Copal Corp. (d)

    8,300        83,443   

Nidec Copal Electronics Corp.

    11,200        58,281   

Nidec-Tosok Corp.

    6,300        64,375   

Nifco, Inc. (d)

    24,000        643,268   

NIFTY Corp.

    4,500        54,597   

Nihon Chouzai Co., Ltd.

    80        2,195   

Nihon Dempa Kogyo Co., Ltd. (d)

    11,000        102,641   

Nihon Eslead Corp. (d)

    2,700        31,602   

Nihon Kagaku Sangyo Co., Ltd.

    3,000        20,609   

Nihon Kohden Corp. (d)

    18,700        766,844   

Nihon M&A Center, Inc.

    5,000        384,041   

Nihon Nohyaku Co., Ltd.

    26,000        288,226   

Nihon Parkerizing Co., Ltd.

    24,000        492,039   

Nihon Plast Co., Ltd.

    2,500        14,462   

Nihon Shokuhin Kako Co., Ltd.

    3,000        11,757   

Nihon Tokushu Toryo Co., Ltd.

    2,200        9,300   

Nihon Unisys, Ltd.

    9,900        85,475   

Nihon Yamamura Glass Co., Ltd. (d)

    54,000        101,210   

Nikkato Corp.

    300        1,278   

Nikkiso Co., Ltd. (d)

    31,000        327,280   

Nikko Co., Ltd. (d)

    17,000        78,382   

Nippo Corp.

    31,000        532,243   

Nippon Beet Sugar Manufacturing Co., Ltd.

    71,000        132,478   

Nippon Carbon Co., Ltd.

    71,000        143,060   

Nippon Ceramic Co., Ltd. (d)

    8,500        122,634   

Nippon Chemi-Con Corp. (a) (d)

    89,000        443,325   

Nippon Chemical Industrial Co., Ltd. (a)

    55,000        98,262   

Nippon Chemiphar Co., Ltd.

    14,000        68,117   

Nippon Chutetsukan KK

    2,000        4,837   

Nippon Coke & Engineering Co., Ltd.

    148,000        206,826   

Nippon Columbia Co., Ltd. (a)

    4,100        25,982   

Nippon Concrete Industries Co., Ltd. (d)

    14,000        74,343   

Nippon Conveyor Co., Ltd. (a) (d)

    24,000        38,180   

Nippon Denko Co., Ltd. (d)

    60,000        181,761   

Nippon Densetsu Kogyo Co., Ltd.

    21,000        228,628   

Nippon Felt Co., Ltd.

    8,600        38,122   

Nippon Filcon Co., Ltd.

    5,200        22,928   

Nippon Fine Chemical Co., Ltd.

    5,800        38,855   

Nippon Flour Mills Co., Ltd.

    64,000        321,879   

Nippon Formula Feed Manufacturing Co., Ltd.

    43,000        55,304   

Nippon Gas Co., Ltd.

    15,400        186,011   

Nippon Hume Corp.

    11,000        96,513   

Nippon Jogesuido Sekkei Co., Ltd. (d)

    3,300        41,317   

Nippon Kanzai Co., Ltd.

    3,300        59,306   

Nippon Kasei Chemical Co., Ltd.

    18,000        25,709   

Nippon Kinzoku Co., Ltd. (a)

    29,000        45,349   

Nippon Kodoshi Corp.

    700        10,086   

Nippon Koei Co., Ltd.

    42,000        182,538   

Nippon Konpo Unyu Soko Co., Ltd.

    31,000        544,543   

Nippon Koshuha Steel Co., Ltd. (a)

    47,000        57,995   

Japan—(Continued)

   

Nippon Kucho Service Co., Ltd.

    3,000      $ 27,752   

Nippon Light Metal Holdings Co., Ltd.

    301,800        465,764   

Nippon Paper Industries Co., Ltd. (d)

    20,100        317,757   

Nippon Parking Development Co., Ltd.

    803        64,150   

Nippon Pillar Packing Co., Ltd. (d)

    13,000        95,645   

Nippon Piston Ring Co., Ltd.

    50,000        92,449   

Nippon Rietec Co., Ltd.

    7,000        51,316   

Nippon Road Co., Ltd. (The)

    43,000        259,263   

Nippon Seiki Co., Ltd.

    24,000        386,006   

Nippon Seiro Co., Ltd.

    2,000        5,153   

Nippon Seisen Co., Ltd. (d)

    10,000        49,020   

Nippon Sharyo, Ltd. (d)

    37,000        220,013   

Nippon Sheet Glass Co., Ltd. (a) (d)

    527,000        679,647   

Nippon Shinyaku Co., Ltd.

    27,000        466,342   

Nippon Signal Co., Ltd.

    32,400        248,972   

Nippon Soda Co., Ltd.

    79,000        470,665   

Nippon Steel Trading Co., Ltd. (d)

    30,000        104,193   

Nippon Suisan Kaisha, Ltd. (a) (d)

    142,400        306,607   

Nippon Synthetic Chemical Industry Co., Ltd. (The)

    33,000        315,183   

Nippon Thompson Co., Ltd. (d)

    48,000        273,633   

Nippon Valqua Industries, Ltd.

    47,000        131,790   

Nippon Yakin Kogyo Co., Ltd. (a) (d)

    89,000        330,716   

Nipro Corp. (d)

    55,400        536,821   

Nishi-Nippon Railroad Co., Ltd.

    21,000        82,004   

Nishikawa Rubber Co., Ltd.

    1,200        22,717   

Nishimatsu Construction Co., Ltd.

    191,000        557,520   

Nishimatsuya Chain Co., Ltd.

    28,600        230,067   

Nishio Rent All Co., Ltd. (d)

    8,900        248,814   

Nissan Shatai Co., Ltd. (d)

    24,000        418,229   

Nissan Tokyo Sales Holdings Co., Ltd.

    11,000        34,143   

Nissei ASB Machine Co., Ltd. (d)

    2,100        41,194   

Nissei Corp.

    3,700        34,078   

Nissei Plastic Industrial Co., Ltd.

    7,100        48,685   

Nissen Holdings Co., Ltd.

    17,900        58,831   

Nisshin Fudosan Co.

    9,200        64,522   

Nisshin Oillio Group, Ltd. (The) (d)

    65,000        226,000   

Nisshin Steel Holdings Co., Ltd.

    35,896        476,776   

Nisshinbo Holdings, Inc. (d)

    82,000        677,989   

Nissin Corp.

    44,000        126,318   

Nissin Electric Co., Ltd.

    30,000        161,598   

Nissin Kogyo Co., Ltd. (d)

    20,000        380,910   

Nissin Sugar Co., Ltd.

    2,400        50,218   

Nissui Pharmaceutical Co., Ltd.

    6,000        69,249   

Nitta Corp.

    12,800        273,402   

Nittan Valve Co., Ltd.

    6,300        19,789   

Nittetsu Mining Co., Ltd. (d)

    38,000        212,671   

Nitto Boseki Co., Ltd. (d)

    88,000        372,688   

Nitto FC Co., Ltd.

    4,500        27,927   

Nitto Fuji Flour Milling Co., Ltd.

    4,000        12,337   

Nitto Kogyo Corp. (d)

    15,100        252,135   

Nitto Kohki Co., Ltd.

    7,300        136,907   

Nitto Seiko Co., Ltd.

    15,000        53,234   

Nittoc Construction Co., Ltd.

    13,550        57,596   

Nittoku Engineering Co., Ltd. (d)

    8,700        79,911   

Noevir Holdings Co., Ltd.

    9,900        169,350   

NOF Corp.

    83,000        535,354   

 

MSF-99


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Japan—(Continued)

   

Nohmi Bosai, Ltd.

    13,000      $ 109,122   

Nomura Co., Ltd.

    21,000        208,700   

Noritake Co., Ltd.

    75,000        199,815   

Noritsu Koki Co., Ltd. (d)

    8,000        53,587   

Noritz Corp. (d)

    15,800        340,904   

North Pacific Bank, Ltd. (d)

    132,800        559,886   

NS Solutions Corp. (d)

    9,000        177,208   

NS United Kaiun Kaisha, Ltd. (a)

    67,000        179,156   

NSD Co., Ltd.

    20,900        235,168   

Nuflare Technology, Inc.

    1,300        164,194   

Obara Group, Inc. (d)

    6,400        158,689   

Obayashi Road Corp.

    16,000        89,092   

OBIC Business Consultants, Ltd.

    5,500        199,969   

Oenon Holdings, Inc.

    34,000        86,863   

Ogaki Kyoritsu Bank, Ltd. (The)

    177,000        511,303   

Ohara, Inc.

    4,700        30,334   

Ohashi Technica, Inc.

    4,600        38,429   

Ohsho Food Service Corp. (d)

    5,400        180,749   

Oiles Corp. (d)

    14,000        321,934   

Oita Bank, Ltd. (The)

    104,000        342,922   

Okabe Co., Ltd. (d)

    25,700        314,568   

Okamoto Industries, Inc.

    44,000        139,530   

Okamoto Machine Tool Works, Ltd. (a)

    27,000        34,966   

Okamura Corp. (d)

    32,000        219,193   

Okaya Electric Industries Co., Ltd.

    8,900        30,801   

OKI Electric Cable Co., Ltd. (a)

    6,000        11,266   

Okinawa Cellular Telephone Co.

    5,800        147,616   

Okinawa Electric Power Co., Inc. (The)

    9,300        321,533   

OKK Corp.

    41,000        70,013   

OKUMA Corp. (d)

    70,000        610,554   

Okumura Corp.

    94,000        409,901   

Okura Industrial Co., Ltd.

    30,000        118,664   

Okuwa Co., Ltd.

    11,000        101,368   

Olympic Corp.

    7,800        58,768   

ONO Sokki Co., Ltd.

    11,000        49,581   

Onoken Co., Ltd.

    9,400        116,084   

Onward Holdings Co., Ltd.

    64,000        564,802   

OPT, Inc.

    4,700        44,660   

Optex Co., Ltd. (d)

    6,500        98,018   

Organo Corp.

    24,000        121,317   

Origin Electric Co., Ltd.

    19,000        64,680   

Osaka Organic Chemical Industry, Ltd.

    8,500        38,956   

Osaka Steel Co., Ltd. (d)

    8,300        163,780   

OSAKA Titanium Technologies Co. (d)

    6,900        148,024   

Osaki Electric Co., Ltd.

    17,000        104,976   

OSG Corp. (d)

    35,400        619,911   

Otsuka Kagu, Ltd.

    5,500        56,649   

OUG Holdings, Inc.

    7,000        13,398   

Oyo Corp.

    11,800        210,420   

Pacific Industrial Co., Ltd.

    24,000        178,434   

Pacific Metals Co., Ltd. (d)

    81,000        334,536   

Pack Corp. (The)

    7,800        142,372   

Pal Co., Ltd. (d)

    5,300        133,044   

Paltac Corp. (d)

    18,450        254,925   

PanaHome Corp.

    45,000        296,882   

Panasonic Industrial Devices SUNX Co., Ltd.

    11,200        48,373   

Panasonic Information Systems

    1,700        41,525   

Japan—(Continued)

   

Paramount Bed Holdings Co., Ltd.

    8,000      $ 251,005   

Parco Co., Ltd. (d)

    11,200        112,941   

Paris Miki Holdings, Inc. (d)

    17,000        83,345   

Pasco Corp.

    11,000        45,901   

Pasona Group, Inc.

    37        32,778   

Penta-Ocean Construction Co., Ltd.

    140,000        392,346   

Pilot Corp.

    7,300        276,376   

Piolax, Inc.

    5,900        185,184   

Pioneer Corp. (a) (d)

    153,800        265,983   

Plenus Co., Ltd.

    10,400        200,548   

Press Kogyo Co., Ltd. (d)

    60,000        265,703   

Pressance Corp.

    2,600        80,530   

Prestige International, Inc.

    10,400        77,367   

Prima Meat Packers, Ltd.

    78,000        164,027   

Pronexus, Inc.

    12,300        75,767   

Proto Corp. (d)

    6,400        93,167   

Qol Co., Ltd.

    4,700        26,483   

Raito Kogyo Co., Ltd. (d)

    29,800        235,661   

Rasa Industries, Ltd. (a)

    46,000        114,150   

Relo Holdings, Inc.

    5,400        241,943   

Renaissance, Inc.

    5,100        39,963   

Rengo Co., Ltd. (d)

    120,000        662,796   

Renown, Inc. (a)

    29,200        39,903   

Resort Solution Co., Ltd.

    4,000        9,417   

Resorttrust, Inc.

    16,400        590,425   

Rheon Automatic Machinery Co., Ltd.

    5,000        12,871   

Rhythm Watch Co., Ltd.

    64,000        96,012   

Riberesute Corp.

    43        29,263   

Ricoh Leasing Co., Ltd.

    9,300        260,137   

Right On Co., Ltd.

    7,900        74,913   

Riken Corp.

    55,000        234,561   

Riken Keiki Co., Ltd.

    8,400        67,079   

Riken Technos Corp.

    23,000        97,291   

Riken Vitamin Co., Ltd.

    4,800        122,177   

Riso Kagaku Corp.

    10,179        238,393   

Riso Kyoiku Co., Ltd. (d)

    11,590        91,055   

Rock Field Co., Ltd.

    5,500        108,944   

Rohto Pharmaceutical Co., Ltd.

    37,000        522,851   

Rokko Butter Co., Ltd. (d)

    5,500        44,116   

Roland Corp.

    8,300        86,769   

Round One Corp.

    43,800        253,689   

Royal Holdings Co., Ltd.

    15,800        251,629   

Ryobi, Ltd. (d)

    88,000        396,711   

Ryoden Trading Co., Ltd. (d)

    18,000        124,749   

Ryosan Co., Ltd.

    20,500        374,575   

Ryoyo Electro Corp.

    8,600        77,534   

S Foods, Inc.

    7,500        68,965   

S&B Foods, Inc.

    600        22,752   

Sagami Chain Co., Ltd. (d)

    8,000        72,092   

Saibu Gas Co., Ltd.

    161,000        392,433   

Saizeriya Co., Ltd. (d)

    16,200        217,424   

Sakai Chemical Industry Co., Ltd. (d)

    64,000        230,369   

Sakai Heavy Industries, Ltd.

    21,000        86,140   

Sakai Moving Service Co., Ltd. (d)

    2,100        61,405   

Sakai Ovex Co., Ltd.

    32,000        48,090   

Sakata INX Corp.

    26,000        236,022   

Sakata Seed Corp. (d)

    17,300        238,839   

 

MSF-100


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Japan—(Continued)

   

Sala Corp.

    12,900      $ 68,728   

San Holdings, Inc.

    2,700        38,318   

San-A Co., Ltd.

    8,800        247,966   

San-Ai Oil Co., Ltd.

    34,000        147,412   

San-In Godo Bank, Ltd. (The) (d)

    92,000        716,111   

Sanden Corp.

    71,000        321,619   

Sanei Architecture Planning Co., Ltd.

    4,300        36,868   

Sangetsu Co., Ltd. (d)

    15,400        407,444   

Sanken Electric Co., Ltd. (d)

    61,000        312,772   

Sanki Engineering Co., Ltd.

    35,000        215,416   

Sanko Marketing Foods Co., Ltd.

    31        30,672   

Sanko Metal Industrial Co., Ltd.

    10,000        29,175   

Sankyo Seiko Co., Ltd.

    22,100        76,596   

Sankyo Tateyama, Inc.

    14,200        315,240   

Sankyu, Inc.

    149,000        492,965   

Sanoh Industrial Co., Ltd. (d)

    13,800        101,756   

Sanshin Electronics Co., Ltd.

    16,800        103,964   

Sansui Electric Co., Ltd. (a) (b) (c)

    316,000        0   

Sanwa Holdings Corp.

    106,000        648,303   

Sanyo Chemical Industries, Ltd.

    32,000        220,964   

Sanyo Denki Co., Ltd.

    23,000        171,455   

Sanyo Electric Railway Co., Ltd.

    5,000        21,717   

Sanyo Housing Nagoya Co., Ltd. (d)

    5,100        58,572   

Sanyo Industries, Ltd.

    13,000        25,972   

Sanyo Shokai, Ltd.

    73,000        189,942   

Sanyo Special Steel Co., Ltd. (d)

    67,000        350,602   

Sapporo Holdings, Ltd.

    173,000        753,101   

Sasebo Heavy Industries Co., Ltd. (a) (d)

    74,000        76,376   

Sata Construction Co., Ltd.

    42,000        55,302   

Sato Holdings Corp. (d)

    11,900        243,653   

Sato Shoji Corp.

    6,500        38,963   

Satori Electric Co., Ltd.

    7,100        40,177   

Sawada Holdings Co., Ltd.

    12,700        116,928   

Sawai Pharmaceutical Co., Ltd. (d)

    6,800        478,134   

Saxa Holdings, Inc.

    33,000        53,236   

SBS Holdings, Inc.

    2,300        32,099   

Scroll Corp.

    15,700        44,906   

SEC Carbon, Ltd.

    7,000        25,903   

Secom Joshinetsu Co., Ltd.

    900        22,830   

Seibu Electric Industry Co., Ltd.

    12,000        51,034   

Seika Corp.

    34,000        83,973   

Seikagaku Corp.

    13,400        179,923   

Seikitokyu Kogyo Co., Ltd. (a)

    64,000        87,839   

Seiko Holdings Corp. (d)

    44,000        187,886   

Seiko PMC Corp. (d)

    6,300        29,871   

Seino Holdings Co., Ltd.

    86,000        880,320   

Seiren Co., Ltd.

    29,600        201,181   

Sekisui Jushi Corp. (d)

    18,000        260,785   

Sekisui Plastics Co., Ltd.

    24,000        67,521   

Senko Co., Ltd. (d)

    52,000        262,201   

Senshu Electric Co., Ltd.

    3,200        40,668   

Senshu Ikeda Holdings, Inc.

    102,900        531,234   

Senshukai Co., Ltd.

    18,700        168,732   

Septeni Holdings Co., Ltd. (d)

    8,000        72,504   

Seria Co., Ltd.

    4,700        145,894   

Shibaura Electronics Co., Ltd.

    2,800        35,355   

Shibaura Mechatronics Corp. (a) (d)

    18,000        45,320   

Japan—(Continued)

   

Shibusawa Warehouse Co., Ltd. (The) (d)

    29,000      $ 136,328   

Shibuya Kogyo Co., Ltd.

    11,600        245,827   

Shidax Corp.

    9,600        49,080   

Shiga Bank, Ltd. (The)

    96,000        546,387   

Shikibo, Ltd.

    83,000        107,578   

Shikoku Bank, Ltd. (The)

    108,000        249,072   

Shikoku Chemicals Corp.

    21,000        177,361   

Shima Seiki Manufacturing, Ltd.

    16,300        359,365   

Shimachu Co., Ltd.

    27,300        678,037   

SHIMANE BANK, Ltd. (The) (d)

    2,500        32,845   

Shimizu Bank, Ltd. (The)

    5,400        158,217   

Shimojima Co., Ltd.

    6,300        64,807   

Shin Nippon Air Technologies Co., Ltd.

    7,300        46,044   

Shin-Etsu Polymer Co., Ltd. (d)

    28,500        98,893   

Shin-Keisei Electric Railway Co., Ltd.

    23,000        91,414   

Shinagawa Refractories Co., Ltd.

    27,000        61,126   

Shindengen Electric Manufacturing Co., Ltd.

    45,000        329,042   

Shinkawa, Ltd.

    5,300        35,539   

Shinko Electric Industries Co., Ltd. (d)

    40,300        425,047   

Shinko Plantech Co., Ltd.

    23,800        199,024   

Shinko Shoji Co., Ltd. (d)

    13,500        115,619   

Shinko Wire Co., Ltd.

    12,000        25,721   

Shinmaywa Industries, Ltd. (d)

    54,000        420,778   

Shinnihon Corp.

    19,000        62,204   

Shinsho Corp.

    30,000        64,667   

Shinwa Co., Ltd.

    3,900        44,007   

Ship Healthcare Holdings, Inc.

    16,600        648,038   

Shiroki Corp.

    31,000        70,205   

Shizuki Electric Co., Inc.

    8,000        31,065   

Shizuoka Gas Co., Ltd.

    31,500        214,532   

Shobunsha Publications, Inc.

    6,700        41,418   

Shoei Foods Corp.

    4,300        36,959   

Shofu, Inc.

    3,900        35,066   

Shoko Co., Ltd.

    39,000        60,863   

Showa Aircraft Industry Co., Ltd. (d)

    5,000        76,406   

Showa Corp.

    29,300        395,326   

Showa Sangyo Co., Ltd. (d)

    46,000        142,656   

Siix Corp. (d)

    8,900        117,160   

Sinanen Co., Ltd.

    27,000        104,952   

Sinfonia Technology Co., Ltd.

    58,000        103,621   

Sinko Industries, Ltd.

    7,600        64,606   

Sintokogio, Ltd.

    29,200        219,642   

SKY Perfect JSAT Holdings, Inc. (d)

    87,000        454,190   

SMK Corp. (d)

    40,000        182,646   

SNT Corp.

    10,900        41,567   

Soda Nikka Co., Ltd.

    7,000        29,290   

Sodick Co., Ltd.

    28,100        136,294   

Soft99 Corp.

    5,100        34,825   

Softbank Technology Corp.

    1,600        26,190   

Softbrain Co., Ltd. (a)

    11,900        16,409   

Software Service, Inc.

    1,500        50,432   

Sogo Medical Co., Ltd.

    2,800        107,480   

Sohgo Security Services Co., Ltd. (d)

    5,800        116,287   

Soshin Electric Co., Ltd.

    1,500        5,266   

Sotetsu Holdings, Inc.

    6,000        23,082   

Sotoh Co., Ltd.

    4,300        39,621   

Space Co., Ltd.

    5,800        58,049   

 

MSF-101


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Japan—(Continued)

   

SPK Corp. (d)

    2,500      $ 46,170   

Square Enix Holdings Co., Ltd. (d)

    36,000        571,387   

SRA Holdings

    5,600        63,672   

Srg Takamiya Co., Ltd.

    2,600        24,847   

ST Corp.

    6,900        70,203   

St. Marc Holdings Co., Ltd.

    4,400        222,566   

Star Micronics Co., Ltd. (d)

    23,400        229,154   

Starbucks Coffee Japan, Ltd.

    4,300        51,635   

Starts Corp., Inc.

    4,500        45,452   

Starzen Co., Ltd.

    38,000        106,600   

Stella Chemifa Corp.

    5,600        88,775   

Step Co., Ltd.

    4,100        36,961   

Studio Alice Co., Ltd.

    4,900        64,318   

Subaru Enterprise Co., Ltd.

    1,000        3,667   

Sugimoto & Co., Ltd.

    3,800        34,778   

Sumida Corp.

    8,500        40,215   

Sumikin Bussan Corp.

    62,000        231,613   

Suminoe Textile Co., Ltd.

    31,000        79,903   

Sumitomo Bakelite Co., Ltd. (d)

    109,000        395,526   

Sumitomo Densetsu Co., Ltd.

    10,500        143,119   

Sumitomo Forestry Co., Ltd.

    400        4,341   

Sumitomo Light Metal Industries, Ltd.

    225,000        260,569   

Sumitomo Mitsui Construction Co., Ltd. (a)

    119,000        151,099   

Sumitomo Osaka Cement Co., Ltd.

    230,000        925,100   

Sumitomo Precision Products Co., Ltd.

    21,000        92,596   

Sumitomo Real Estate Sales Co., Ltd.

    8,760        288,733   

Sumitomo Seika Chemicals Co., Ltd.

    30,000        179,671   

Sumitomo Warehouse Co., Ltd. (The) (d)

    73,000        455,620   

Sun-Wa Technos Corp.

    3,900        38,266   

Suncall Corp. (d)

    11,000        67,014   

SWCC Showa Holdings Co., Ltd. (a)

    163,000        201,401   

Systena Corp.

    12,600        96,917   

T Hasegawa Co., Ltd. (d)

    11,800        172,690   

T RAD Co., Ltd.

    41,000        133,998   

T&K Toka Co., Ltd.

    5,600        116,159   

Tachi-S Co., Ltd. (d)

    15,100        229,226   

Tachibana Eletech Co., Ltd.

    5,900        63,163   

Tact Home Co., Ltd.

    48        106,273   

Tadano, Ltd.

    46,000        591,927   

Taihei Dengyo Kaisha, Ltd.

    20,000        146,442   

Taihei Kogyo Co., Ltd.

    29,000        113,864   

Taiheiyo Kouhatsu, Inc.

    46,000        56,394   

Taiho Kogyo Co., Ltd.

    9,800        127,808   

Taikisha, Ltd.

    15,800        377,395   

Taiko Bank, Ltd. (The) (d)

    41,000        94,187   

Taiko Pharmaceutical Co., Ltd.

    4,300        72,515   

Taisei Lamick Co., Ltd. (d)

    2,700        67,267   

Taiyo Holdings Co., Ltd. (d)

    7,500        233,582   

Taiyo Yuden Co., Ltd. (d)

    12,700        166,258   

Taka-Q, Ltd.

    6,000        20,321   

Takachiho Koheki Co., Ltd.

    400        3,869   

Takagi Securities Co., Ltd.

    18,000        76,764   

Takamatsu Construction Group Co., Ltd. (d)

    8,100        146,146   

Takano Co., Ltd.

    6,000        28,587   

Takaoka Toko Holdings Co., Ltd. (d)

    5,365        93,378   

Takara Leben Co., Ltd.

    30,700        105,470   

Takara Printing Co., Ltd.

    3,100        22,044   

Japan—(Continued)

   

Takara Standard Co., Ltd.

    52,000      $ 419,631   

Takasago International Corp.

    48,000        251,263   

Takasago Thermal Engineering Co., Ltd. (d)

    33,300        283,037   

Takashima & Co., Ltd.

    25,000        72,401   

Take And Give Needs Co., Ltd.

    4,710        111,930   

Takeei Corp.

    8,700        143,748   

Takeuchi Manufacturing Co., Ltd.

    7,000        164,138   

Takihyo Co., Ltd.

    13,000        55,256   

Takiron Co., Ltd. (d)

    27,000        116,240   

Takisawa Machine Tool Co., Ltd.

    35,000        55,262   

Takuma Co., Ltd. (d)

    41,000        388,760   

Tamron Co., Ltd. (d)

    9,600        212,042   

Tamura Corp. (d)

    47,000        122,491   

Tanseisha Co., Ltd. (d)

    11,000        75,179   

Tatsuta Electric Wire and Cable Co., Ltd. (d)

    24,100        185,001   

Tayca Corp.

    17,000        55,832   

TBK Co., Ltd.

    14,000        78,403   

TECHNO ASSOCIE Co., Ltd.

    300        3,085   

Techno Medica Co., Ltd.

    2,400        53,022   

Techno Ryowa, Ltd.

    4,800        22,466   

Tecmo Koei Holdings Co., Ltd. (d)

    12,200        131,695   

Teikoku Electric Manufacturing Co., Ltd.

    4,700        95,072   

Teikoku Sen-I Co., Ltd.

    13,000        112,937   

Teikoku Tsushin Kogyo Co., Ltd.

    24,000        43,362   

Tekken Corp. (a) (d)

    82,000        261,406   

Temp Holdings Co., Ltd. (d)

    7,400        187,710   

Ten Allied Co., Ltd. (a)

    2,600        8,577   

Tenma Corp. (d)

    6,200        84,683   

Teraoka Seisakusho Co., Ltd.

    200        831   

Tigers Polymer Corp.

    2,200        9,296   

TKC Corp.

    12,400        214,386   

Toa Corp. (a) (d)

    127,000        360,395   

Toa Oil Co., Ltd.

    37,000        50,525   

TOA ROAD Corp.

    26,000        126,671   

Toabo Corp.

    56,000        43,427   

Toagosei Co., Ltd.

    109,000        486,550   

Tobishima Corp. (a) (d)

    69,900        119,928   

Tobu Store Co., Ltd.

    11,000        29,124   

TOC Co., Ltd. (d)

    34,100        289,266   

Tocalo Co., Ltd.

    8,800        131,216   

Tochigi Bank, Ltd. (The)

    67,000        258,143   

Toda Corp.

    120,000        413,036   

Toda Kogyo Corp.

    22,000        70,478   

Toei Animation Co., Ltd.

    2,500        65,061   

Toei Co., Ltd. (d)

    37,000        224,085   

Toenec Corp.

    20,000        119,073   

Toho Bank, Ltd. (The)

    115,000        354,712   

Toho Co., Ltd.

    20,000        71,903   

Toho Holdings Co., Ltd.

    25,000        456,944   

Toho Titanium Co., Ltd. (d)

    18,600        154,788   

Toho Zinc Co., Ltd. (d)

    85,000        274,706   

Tohoku Bank, Ltd. (The)

    56,000        84,001   

Tohokushinsha Film Corp.

    4,800        45,897   

Tohto Suisan Co., Ltd.

    22,000        51,236   

Tokai Carbon Co., Ltd. (d)

    112,000        389,018   

Tokai Corp.

    5,500        147,947   

TOKAI Holdings Corp. (d)

    52,700        187,420   

 

MSF-102


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Japan—(Continued)

   

Tokai Lease Co., Ltd.

    16,000      $ 30,047   

Tokai Rika Co., Ltd.

    800        16,999   

Tokai Rubber Industries, Ltd. (d)

    21,500        209,492   

Tokai Tokyo Financial Holdings, Inc. (d)

    22,700        190,868   

Token Corp.

    4,160        230,861   

Tokushu Tokai Paper Co., Ltd. (d)

    60,000        126,092   

Tokuyama Corp. (d)

    196,000        768,726   

Tokyo Derica Co., Ltd. (d)

    3,900        63,457   

Tokyo Dome Corp.

    94,000        737,453   

Tokyo Electron Device, Ltd. (d)

    2,400        38,974   

Tokyo Energy & Systems, Inc.

    15,000        80,534   

Tokyo Keiki, Inc. (d)

    32,000        95,054   

Tokyo Ohka Kogyo Co., Ltd.

    21,000        468,313   

Tokyo Rakutenchi Co., Ltd.

    17,000        88,062   

Tokyo Rope Manufacturing Co., Ltd. (a) (d)

    77,000        136,264   

Tokyo Sangyo Co., Ltd.

    12,000        40,010   

Tokyo Seimitsu Co., Ltd.

    19,900        366,440   

Tokyo Steel Manufacturing Co., Ltd. (a) (d)

    72,200        429,419   

Tokyo Tekko Co., Ltd.

    29,000        126,522   

Tokyo Theatres Co., Inc.

    42,000        73,092   

Tokyo Tomin Bank, Ltd. (The) (d)

    21,500        248,773   

Tokyu Community Corp. (c)

    2,700        133,633   

Tokyu Construction Co., Ltd. (a) (d)

    51,610        297,183   

Tokyu Livable, Inc. (c)

    10,900        239,191   

Tokyu Recreation Co., Ltd.

    6,000        35,000   

Toli Corp.

    30,000        63,969   

Tomato Bank, Ltd.

    62,000        112,506   

Tomen Devices Corp.

    1,500        25,061   

Tomen Electronics Corp.

    6,500        71,953   

Tomoe Corp. (d)

    16,000        85,274   

Tomoe Engineering Co., Ltd.

    3,600        62,153   

Tomoegawa Co., Ltd.

    12,000        21,553   

Tomoku Co., Ltd.

    37,000        114,856   

TOMONY Holdings, Inc.

    83,600        330,026   

Tomy Co., Ltd. (d)

    38,000        175,078   

Tonami Holdings Co., Ltd.

    32,000        68,864   

Toppan Forms Co., Ltd. (d)

    28,300        276,667   

Topre Corp. (d)

    23,700        305,077   

Topy Industries, Ltd.

    122,000        270,485   

Toridoll.corp (d)

    9,000        89,140   

Torigoe Co., Ltd. (The)

    9,200        60,001   

Torii Pharmaceutical Co., Ltd. (d)

    5,600        150,642   

Torishima Pump Manufacturing Co., Ltd. (d)

    11,600        114,305   

Tosei Corp. (d)

    13,200        116,389   

Toshiba Machine Co., Ltd. (d)

    62,000        320,858   

Toshiba Plant Systems & Services Corp. (d)

    21,000        348,835   

Toshiba TEC Corp.

    69,000        425,221   

Tosho Co., Ltd.

    3,500        51,017   

Tosho Printing Co., Ltd.

    26,000        70,888   

Totetsu Kogyo Co., Ltd. (d)

    16,000        359,870   

Tottori Bank, Ltd. (The)

    37,000        70,611   

Touei Housing Corp.

    9,755        229,886   

Toukei Computer Co., Ltd.

    2,200        31,405   

Towa Bank, Ltd. (The)

    178,000        165,394   

Towa Corp. (d)

    11,100        62,478   

Towa Pharmaceutical Co., Ltd. (d)

    5,200        258,528   

Toyo Construction Co., Ltd. (d)

    41,099        133,311   

Japan—(Continued)

   

Toyo Corp.

    15,800      $ 199,529   

Toyo Denki Seizo - Toyo Electric Manufacturing Co., Ltd. (d)

    23,000        79,557   

Toyo Engineering Corp. (d)

    62,000        269,284   

Toyo Ink SC Holdings Co., Ltd.

    107,000        557,487   

Toyo Kanetsu KK

    68,000        204,861   

Toyo Kohan Co., Ltd.

    35,000        134,411   

Toyo Securities Co., Ltd. (d)

    43,000        156,094   

Toyo Sugar Refining Co., Ltd.

    9,000        9,819   

Toyo Tanso Co., Ltd. (d)

    7,200        133,876   

Toyo Tire & Rubber Co., Ltd.

    99,000        599,593   

Toyo Wharf & Warehouse Co., Ltd. (d)

    30,000        89,609   

Toyobo Co., Ltd.

    464,000        891,764   

TPR Co., Ltd.

    12,200        224,777   

Trancom Co., Ltd.

    3,900        116,490   

Transcosmos, Inc.

    13,100        230,248   

Trusco Nakayama Corp.

    10,700        219,371   

TS Tech Co., Ltd. (d)

    21,400        845,775   

TSI Holdings Co., Ltd.

    47,805        324,057   

Tsubakimoto Chain Co. (d)

    77,000        537,936   

Tsubakimoto Kogyo Co., Ltd.

    8,000        22,113   

Tsudakoma Corp. (a)

    31,000        58,726   

Tsugami Corp. (d)

    38,000        186,575   

Tsukamoto Corp. Co., Ltd.

    21,000        40,691   

Tsukishima Kikai Co., Ltd.

    13,000        136,692   

Tsukuba Bank, Ltd. (The)

    47,200        171,208   

Tsukui Corp.

    13,900        169,713   

Tsurumi Manufacturing Co., Ltd. (d)

    10,000        96,761   

Tsutsumi Jewelry Co., Ltd.

    3,800        99,652   

TTK Co., Ltd.

    4,000        18,097   

TV Tokyo Holdings Corp.

    3,700        65,257   

TYK Corp.

    6,000        15,363   

U-Shin, Ltd. (d)

    16,000        119,662   

Uchida Yoko Co., Ltd.

    32,000        90,647   

Ueki Corp.

    11,000        22,995   

UKC Holdings Corp.

    6,200        116,703   

Ulvac, Inc. (a) (d)

    27,300        250,915   

Uniden Corp. (a) (d)

    25,000        58,694   

Union Tool Co.

    7,000        149,255   

Unipres Corp.

    19,400        411,944   

United Arrows, Ltd. (d)

    9,300        392,609   

Unitika, Ltd. (a)

    34,000        20,494   

Universal Entertainment Corp. (d)

    8,500        181,841   

UNY Group Holdings Co., Ltd.

    30,700        198,428   

Uoriki Co., Ltd.

    2,100        31,387   

Usen Corp. (a)

    64,530        151,827   

Ushio, Inc.

    52,700        656,797   

UT Holdings Co., Ltd.

    14,200        61,608   

Utoc Corp.

    5,100        16,914   

Valor Co., Ltd. (d)

    16,900        256,508   

Village Vanguard Co., Ltd.

    34        51,789   

Vital KSK Holdings, Inc. (d)

    20,300        153,289   

VT Holdings Co., Ltd. (d)

    15,900        214,412   

Wacoal Holdings Corp.

    26,000        277,310   

Wakachiku Construction Co., Ltd. (a) (d)

    69,000        90,933   

Wakamoto Pharmaceutical Co., Ltd. (a)

    9,000        25,381   

Wakita & Co., Ltd.

    20,000        264,778   

 

MSF-103


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Japan—(Continued)

   

Warabeya Nichiyo Co., Ltd.

    8,400      $ 148,946   

Watabe Wedding Corp.

    4,400        32,999   

WATAMI Co., Ltd. (d)

    11,200        188,507   

Weathernews, Inc. (d)

    3,600        84,271   

Welcia Holdings Co., Ltd.

    3,900        206,581   

Wellnet Corp.

    2,700        34,761   

West Holdings Corp. (d)

    7,200        100,895   

Wood One Co., Ltd.

    19,000        55,050   

Wowow, Inc.

    2,700        94,873   

Xebio Co., Ltd. (d)

    14,100        315,691   

Y. A. C. Co., Ltd.

    4,900        27,731   

Yachiyo Bank, Ltd. (The)

    8,500        254,934   

Yachiyo Industry Co., Ltd.

    5,600        40,520   

Yahagi Construction Co., Ltd. (d)

    17,100        91,567   

Yaizu Suisankagaku Industry Co., Ltd.

    4,400        39,127   

YAMABIKO Corp.

    4,100        115,673   

Yamagata Bank, Ltd. (The) (d)

    80,000        355,597   

Yamaichi Electronics Co., Ltd. (a)

    8,200        20,977   

Yamanashi Chuo Bank, Ltd. (The)

    91,000        379,251   

Yamatane Corp. (d)

    53,000        104,021   

Yamato Corp.

    9,000        33,003   

Yamato International, Inc.

    6,700        30,024   

Yamaya Corp. (d)

    2,650        40,310   

Yamazawa Co., Ltd.

    1,000        15,381   

Yamazen Corp.

    32,100        208,581   

Yaoko Co., Ltd.

    3,600        130,358   

Yashima Denki Co., Ltd.

    7,500        31,922   

Yasuda Warehouse Co., Ltd. (The)

    7,400        90,086   

Yellow Hat, Ltd.

    10,700        200,813   

Yodogawa Steel Works, Ltd. (d)

    70,000        309,580   

Yokogawa Bridge Holdings Corp.

    18,000        256,949   

Yokohama Reito Co., Ltd. (d)

    26,500        218,857   

Yokowo Co., Ltd.

    7,900        42,742   

Yomeishu Seizo Co., Ltd.

    6,000        49,665   

Yondenko Corp.

    12,000        43,294   

Yondoshi Holding, Inc.

    11,700        162,420   

Yonekyu Corp.

    800        6,281   

Yonex Co., Ltd.

    5,900        33,692   

Yorozu Corp. (d)

    9,600        190,945   

Yuasa Funashoku Co., Ltd.

    8,000        20,072   

Yuasa Trading Co., Ltd.

    100,000        201,597   

Yuken Kogyo Co., Ltd.

    22,000        52,344   

Yuki Gosei Kogyo Co., Ltd.

    6,000        17,770   

Yurtec Corp. (d)

    26,000        85,052   

Yusen Logistics Co., Ltd. (d)

    11,700        128,599   

Yushin Precision Equipment Co., Ltd.

    4,900        91,320   

Yushiro Chemical Industry Co., Ltd.

    7,300        69,859   

Zappallas, Inc.

    49        35,442   

Zenrin Co., Ltd. (d)

    15,700        176,513   

Zensho Holdings Co., Ltd. (d)

    31,200        362,129   

ZERIA Pharmaceutical Co., Ltd. (d)

    8,800        191,235   

Zojirushi Corp.

    10,000        38,853   

Zuken, Inc. (d)

    7,200        59,082   
   

 

 

 
      219,317,570   
   

 

 

 

Netherlands—2.1%

   

Aalberts Industries NV

    53,139      1,416,223   

Accell Group

    13,869        271,829   

AMG Advanced Metallurgical Group NV (a)

    17,624        167,026   

Amsterdam Commodities NV

    10,026        214,406   

APERAM (d)

    33,328        512,520   

Arcadis NV

    32,441        927,967   

ASM International NV

    26,751        929,103   

Ballast Nedam (a)

    1,358        21,420   

BE Semiconductor Industries NV

    23,461        283,246   

Beter Bed Holding NV

    10,318        232,596   

BinckBank NV

    39,299        360,137   

Brunel International NV (d)

    6,300        338,679   

CSM (d)

    43,629        1,056,517   

Delta Lloyd NV

    91,549        1,944,919   

DOCdata NV

    1,934        43,937   

Exact Holding NV (d)

    7,888        198,840   

Grontmij (a)

    40,836        188,381   

Heijmans NV

    14,562        176,055   

Hunter Douglas NV

    2,423        103,500   

Kardan NV (a)

    13,562        6,257   

KAS Bank NV

    7,278        96,491   

Kendrion NV

    4,261        128,562   

Koninklijke BAM Groep NV (d)

    183,068        984,221   

Koninklijke Wessanen NV

    54,622        197,034   

Macintosh Retail Group NV

    7,046        76,204   

Nederland Apparatenfabriek

    2,742        109,451   

Nutreco NV (d)

    38,964        2,036,003   

Ordina NV (a)

    57,689        99,095   

PostNL NV (a) (d)

    219,352        947,932   

Royal Imtech NV (a) (d)

    38,313        104,018   

SBM Offshore NV (a)

    103,661        2,054,454   

Sligro Food Group NV

    13,645        557,635   

SNS REAAL NV (b) (c) (d)

    105,329        0   

Telegraaf Media Groep NV

    13,542        237,981   

TKH Group NV

    23,125        692,446   

TomTom NV (a)

    76,476        546,825   

Ten Cate NV

    20,330        573,059   

Unit4 NV

    16,955        663,348   

USG People NV (d)

    43,376        422,650   

Van Lanschot NV (a)

    45        980   

Xeikon NV (a)

    10,815        85,239   
   

 

 

 
      20,007,186   
   

 

 

 

New Zealand—0.9%

   

A2 Corp., Ltd. (a) (d)

    134,580        78,251   

Abano Healthcare Group, Ltd.

    880        4,827   

Air New Zealand, Ltd. (d)

    170,907        215,067   

Auckland International Airport, Ltd.

    12,004        33,053   

Bathurst Resourses New Zealand, Ltd. (a) (d)

    206,414        26,956   

Briscoe Group, Ltd.

    13,123        25,638   

Cavalier Corp., Ltd. (a)

    7,259        10,974   

Chorus, Ltd.

    106,254        238,301   

Diligent Board Member Services, Inc. (a) (d)

    19,249        90,938   

Ebos Group, Ltd.

    40,181        337,754   

Fisher & Paykel Healthcare Corp., Ltd. (d)

    258,627        777,870   

Freightways, Ltd.

    81,878        287,052   

 

MSF-104


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

New Zealand—(Continued)

   

Hallenstein Glasson Holdings, Ltd.

    19,012      $ 76,120   

Heartland New Zealand, Ltd.

    72,313        50,450   

Infratil, Ltd.

    399,354        819,148   

Kathmandu Holdings, Ltd.

    23,984        65,679   

Mainfreight, Ltd.

    40,292        381,709   

Methven, Ltd.

    19,898        23,069   

Michael Hill International, Ltd.

    82,929        100,561   

Millennium & Copthorne Hotels New Zealand, Ltd.

    26,384        15,558   

New Zealand Oil & Gas, Ltd.

    178,730        118,762   

New Zealand Refining Co., Ltd. (The)

    27,432        53,748   

Nuplex Industries, Ltd. (d)

    105,582        303,311   

NZX, Ltd.

    130,860        138,041   

Opus International Consultants, Ltd.

    4,000        6,193   

Pacific Edge, Ltd. (a)

    17,353        7,632   

PGG Wrightson, Ltd.

    58,545        18,574   

Pike River Coal Co., Ltd. (a) (b) (c)

    82,575        0   

Port of Tauranga, Ltd.

    38,167        439,053   

Pumpkin Patch, Ltd. (a)

    31,660        28,375   

Restaurant Brands New Zealand, Ltd.

    55,682        130,862   

Rubicon, Ltd. (a)

    9,922        2,859   

Ryman Healthcare, Ltd.

    152,639        880,321   

Sanford, Ltd.

    314        1,146   

Skellerup Holdings, Ltd.

    29,759        40,565   

Sky City Entertainment Group, Ltd.

    295,453        982,250   

Sky Network Television, Ltd.

    103,256        498,500   

Tower, Ltd.

    74,795        111,821   

Trade Me Group, Ltd.

    20,069        76,013   

TrustPower, Ltd.

    13,980        81,725   

Vector, Ltd. (d)

    163,940        360,856   

Warehouse Group, Ltd. (The)

    53,562        162,326   

Xero, Ltd. (a) (d)

    18,201        286,639   
   

 

 

 
      8,388,547   
   

 

 

 

Norway—1.1%

   

ABG Sundal Collier Holding ASA

    167,319        124,171   

Algeta ASA (a) (d)

    14,218        549,159   

Archer, Ltd. (a)

    40,112        37,724   

Atea ASA

    37,179        391,118   

Austevoll Seafood ASA

    48,445        269,981   

Bakkafrost P/F

    8,908        121,823   

Bionor Pharma ASA (a)

    16,875        8,345   

Bonheur ASA

    4,316        104,169   

BW Offshore, Ltd.

    176,208        239,047   

BWG Homes ASA (a)

    39,260        82,889   

Cermaq ASA

    32,403        565,673   

Deep Sea Supply plc (a)

    53,588        102,501   

Det Norske Oljeselskap ASA (a) (d)

    25,513        345,449   

DNO International ASA (a) (d)

    256,355        569,686   

DOF ASA (a)

    26,204        123,828   

Ekornes ASA

    13,813        234,258   

Electromagnetic GeoServices A/S (a) (d)

    82,083        102,981   

Eltek ASA

    122,435        118,214   

Evry ASA

    25,788        42,214   

Farstad Shipping ASA

    6,040        130,600   

Frontline, Ltd. (a) (d)

    36,608        94,412   

Ganger Rolf ASA

    7,335        167,242   

Norway—(Continued)

   

Golden Ocean Group, Ltd. (d)

    173,259      255,018   

Grieg Seafood ASA (a)

    11,731        31,794   

Hoegh LNG Holdings, Ltd. (a)

    15,525        118,248   

Hurtigruten ASA (a)

    79,346        30,603   

Kongsberg Automotive Holding ASA (a)

    236,674        114,588   

Kvaerner ASA (d)

    92,750        152,932   

Leroy Seafood Group ASA

    9,723        275,524   

Nordic Semiconductor ASA (a) (d)

    76,341        296,555   

Norske Skogindustrier ASA (a) (d)

    101,549        57,924   

Northern Offshore, Ltd.

    47,579        70,399   

Norwegian Air Shuttle A/S (a) (d)

    12,510        452,299   

Norwegian Energy Co. A/S (a) (d)

    159,559        66,336   

Odfjell SE - A Shares (a)

    1,949        13,004   

Olav Thon Eiendomsselskap ASA

    97        15,649   

Opera Software ASA (d)

    35,363        374,985   

Panoro Energy ASA (a)

    64,409        33,875   

PhotoCure ASA (a)

    5,477        35,069   

ProSafe SE

    46,555        371,704   

Q-Free ASA (a)

    24,256        66,962   

Renewable Energy Corp. ASA (a)

    630,934        274,249   

Salmar ASA (a)

    8,438        95,819   

Scana Industrier (a)

    4,100        1,615   

Sevan Marine ASA (a)

    19,916        77,496   

Siem Offshore, Inc. (a)

    86,433        129,997   

Solstad Offshore ASA

    6,576        122,474   

Songa Offshore SE (a) (d)

    82,163        90,515   

SpareBank 1 SMN

    51,820        394,273   

SpareBank 1 SR Bank ASA

    7,181        56,970   

Stolt-Nielsen, Ltd.

    9,173        239,570   

Tomra Systems ASA

    67,216        631,953   

TTS Group ASA (d)

    18,359        24,641   

Veidekke ASA

    57,200        445,476   

Veripos, Inc.

    1,820        6,811   

Wilh Wilhelmsen ASA

    22,562        213,847   

Wilh Wilhelmsen Holding ASA

    5,524        172,922   
   

 

 

 
      10,337,580   
   

 

 

 

Portugal—0.5%

   

Altri SGPS S.A.

    79,420        208,984   

Banco BPI S.A. (a)

    241,547        304,257   

Banco Comercial Portugues S.A. (a)

    5,819,037        756,220   

Banco Espirito Santo S.A. (a) (d)

    286,689        305,413   

Mota-Engil SGPS S.A.

    40,942        162,359   

Novabase SGPS S.A.

    7,827        32,618   

Portucel Empresa Produtora de Pasta e Papel S.A.

    135,397        492,122   

REN - Redes Energeticas Nacionais SGPS S.A.

    133,701        399,806   

Semapa-Sociedade de Investimento e Gestao

    48,412        454,950   

Sonae

    597,292        745,261   

Sonae Industria SGPS S.A. (a)

    24,230        18,385   

Sonaecom - SGPS S.A.

    78,934        219,768   

Teixeira Duarte S.A.

    103,277        92,263   

Zon Multimedia Servicos de Telecomunicacoes e Multimedia SGPS S.A.

    93,729        558,100   
   

 

 

 
      4,750,506   
   

 

 

 

 

MSF-105


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Singapore—1.7%

   

Abterra, Ltd. (a)

    51,720      $ 22,674   

Amara Holdings, Ltd.

    105,000        46,066   

Amtek Engineering, Ltd.

    132,000        49,452   

Armstrong Industrial Corp., Ltd.

    157,000        49,456   

ASL Marine Holdings, Ltd.

    105,000        55,667   

Ausgroup, Ltd.

    267,000        70,288   

Baker Technology, Ltd.

    166,000        36,313   

Banyan Tree Holdings, Ltd. (d)

    155,000        82,813   

Biosensors International Group, Ltd. (d)

    473,000        364,029   

Bonvests Holdings, Ltd.

    18,000        16,483   

Boustead Singapore, Ltd.

    160,000        175,445   

Breadtalk Group, Ltd. (d)

    82,000        58,681   

Broadway Industrial Group, Ltd.

    138,000        25,257   

Bukit Sembawang Estates, Ltd.

    72,000        354,203   

Bund Center Investment, Ltd.

    552,000        96,884   

CH Offshore, Ltd.

    157,000        52,234   

China Aviation Oil Singapore Corp., Ltd.

    128,000        92,872   

China Merchants Holdings Pacific, Ltd.

    53,000        36,519   

Chip Eng Seng Corp., Ltd.

    327,000        179,717   

Chuan Hup Holdings, Ltd.

    125,000        26,904   

Cityspring Infrastructure Trust

    186,000        69,700   

Cosco Corp. Singapore, Ltd. (d)

    560,000        350,594   

Creative Technology, Ltd.

    22,600        40,011   

CSC Holdings, Ltd.

    284,000        23,090   

CSE Global, Ltd.

    301,000        215,967   

CWT, Ltd.

    119,000        132,874   

Datapulse Technology, Ltd.

    106,000        20,291   

Delong Holdings, Ltd. (a)

    91,000        28,289   

DMX Technologies Group, Ltd.

    186,000        32,638   

Dyna-Mac Holdings, Ltd.

    131,000        42,304   

Elec & Eltek International Co., Ltd.

    23,000        45,811   

Eu Yan Sang International, Ltd.

    90,000        52,039   

Ezion Holdings, Ltd.

    339,000        595,114   

Ezra Holdings, Ltd. (a) (d)

    483,799        441,874   

Falcon Energy Group, Ltd.

    151,000        48,255   

Far East Orchard, Ltd.

    95,044        141,319   

FJ Benjamin Holdings, Ltd.

    106,000        21,192   

Food Empire Holdings, Ltd.

    118,000        59,537   

Fragrance Group, Ltd. (d)

    1,352,000        242,501   

Freight Links Express Holdings, Ltd.

    736,947        66,982   

Gallant Venture, Ltd. (a) (d)

    479,000        110,760   

GK Goh Holdings, Ltd.

    12,000        8,083   

GMG Global, Ltd.

    2,022,000        167,483   

Goodpack, Ltd.

    156,000        215,140   

GP Batteries International, Ltd.

    21,000        14,396   

GuocoLand, Ltd.

    58,000        97,101   

GuocoLeisure, Ltd. (d)

    306,000        198,607   

HanKore Environment Tech Group, Ltd. (a)

    157,000        9,141   

Hanwell Holdings, Ltd. (a)

    19,000        4,164   

Healthway Medical Corp., Ltd. (a)

    701,750        39,740   

HG Metal Manufacturing, Ltd.

    460,000        30,437   

Hi-P International, Ltd.

    125,000        70,768   

Hiap Hoe, Ltd.

    58,000        31,676   

Hiap Seng Engineering, Ltd.

    61,500        13,481   

HLH Group, Ltd. (a)

    1,066,000        18,682   

Ho Bee Investment, Ltd. (d)

    153,000        255,004   

Hong Fok Corp., Ltd.

    223,400        128,188   

Singapore—(Continued)

   

Hong Leong Asia, Ltd.

    74,000      84,679   

Hotel Grand Central, Ltd.

    1,000        837   

Hotel Properties, Ltd.

    125,000        305,722   

Hour Glass, Ltd. (The)

    43,000        57,246   

HTL International Holdings, Ltd.

    69,000        18,433   

HupSteel, Ltd.

    111,000        20,000   

Hwa Hong Corp., Ltd.

    138,000        34,112   

Hyflux, Ltd. (d)

    243,500        233,926   

Indofood Agri Resources, Ltd. (d)

    301,000        189,119   

InnoTek, Ltd.

    88,000        23,873   

International Healthway Corp., Ltd. (a)

    57,747        18,417   

IPC Corp., Ltd.

    296,000        37,290   

Jaya Holdings, Ltd.

    244,000        131,313   

Jiutian Chemical Group, Ltd. (a)

    649,000        49,692   

K-Green Trust

    177,000        142,603   

K1 Ventures, Ltd.

    483,000        80,932   

Keppel Telecommunications & Transportation, Ltd.

    67,000        75,587   

Koh Brothers Group, Ltd.

    97,000        23,589   

LC Development, Ltd.

    385,200        47,608   

Li Heng Chemical Fibre Technologies, Ltd. (a)

    309,000        29,801   

Lian Beng Group, Ltd.

    237,000        105,841   

Low Keng Huat Singapore, Ltd.

    153,000        81,754   

Lum Chang Holdings, Ltd.

    115,000        32,095   

M1, Ltd. (d)

    189,000        494,408   

Manhattan Resources, Ltd. (a)

    83,000        25,152   

Marco Polo Marine, Ltd.

    51,000        15,858   

Mercator Lines Singapore, Ltd. (a)

    70,000        6,919   

Mermaid Maritime plc

    29,000        6,591   

Metro Holdings, Ltd.

    199,600        135,805   

Mewah International, Inc. (d)

    205,000        75,210   

Midas Holdings, Ltd. (d)

    675,000        250,352   

Nam Cheong, Ltd. (d)

    659,000        147,157   

Neptune Orient Lines, Ltd. (a) (d)

    76,000        66,480   

NSL, Ltd.

    15,000        17,638   

Oceanus Group, Ltd. (a)

    901,000        15,798   

OKP Holdings, Ltd.

    17,000        5,138   

OSIM International, Ltd.

    109,000        167,341   

Otto Marine, Ltd. (a) (d)

    522,000        27,469   

Overseas Union Enterprise, Ltd.

    174,000        355,272   

Pan-United Corp., Ltd.

    130,000        93,284   

Petra Foods, Ltd.

    111,000        306,212   

Popular Holdings, Ltd.

    192,000        40,576   

QAF, Ltd.

    123,811        87,834   

Raffles Education Corp., Ltd. (a)

    470,374        110,629   

Raffles Medical Group, Ltd.

    36,628        91,988   

Rickmers Maritime

    110,000        24,997   

Riverstone Holdings, Ltd.

    20,000        10,846   

Rotary Engineering, Ltd.

    128,000        60,209   

Roxy-Pacific Holdings, Ltd.

    128,750        64,701   

S I2I, Ltd. (a)

    1,741,000        27,751   

Sapphire Corp., Ltd. (a)

    26,000        2,798   

SBS Transit, Ltd.

    40,500        43,577   

See Hup Seng, Ltd.

    163,000        43,558   

Sheng Siong Group, Ltd.

    231,000        119,718   

Sim Lian Group, Ltd.

    121,500        85,763   

 

MSF-106


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Singapore—(Continued)

   

Sinarmas Land, Ltd.

    814,000      $ 360,356   

Sing Holdings, Ltd.

    82,000        29,417   

Singapore Post, Ltd. (d)

    773,544        780,179   

Singapore Reinsurance Corp., Ltd.

    1,000        203   

Sino Grandness Food Industry Group, Ltd. (a)

    154,000        80,162   

SMRT Corp., Ltd. (d)

    226,000        232,326   

Stamford Land Corp., Ltd.

    304,000        135,765   

Sunningdale Tech, Ltd.

    303,000        31,163   

SunVic Chemical Holdings, Ltd. (a)

    143,000        47,328   

Super Group, Ltd.

    100,000        337,594   

Swiber Holdings, Ltd. (d)

    319,000        165,438   

Swissco Holdings, Ltd.

    80,000        15,310   

Tat Hong Holdings, Ltd.

    187,000        146,827   

Thakral Corp., Ltd.

    197,000        4,711   

Tiong Woon Corp. Holding, Ltd. (d)

    218,250        60,046   

Triyards holdings, Ltd. (a)

    39,979        21,042   

Tuan Sing Holdings, Ltd.

    390,705        102,794   

UMS Holdings, Ltd.

    116,000        48,104   

United Engineers, Ltd.

    256,000        363,313   

United Envirotech, Ltd. (d)

    214,000        149,501   

United Fiber System, Ltd. (a)

    426,950        7,785   

United Overseas Insurance, Ltd.

    4,000        13,583   

UOB-Kay Hian Holdings, Ltd.

    178,000        237,693   

UPP Holdings, Ltd.

    218,000        57,382   

Vard Holdings, Ltd. (a) (d)

    289,000        200,601   

Venture Corp., Ltd.

    149,000        906,060   

Vicom, Ltd.

    2,000        7,677   

Wee Hur Holdings, Ltd.

    234,000        64,386   

Wheelock Properties Singapore, Ltd. (d)

    104,000        143,032   

Wing Tai Holdings, Ltd. (d)

    267,621        437,424   

Yeo Hiap Seng, Ltd.

    19,712        40,242   

YHI International, Ltd.

    78,000        15,854   

Yongnam Holdings, Ltd.

    750,000        173,620   
   

 

 

 
      16,243,606   
   

 

 

 

Spain—2.1%

   

Abengoa S.A. (d)

    20,451        64,522   

Abengoa S.A. - B Shares (d)

    81,804        238,497   

Acciona S.A. (d)

    2,173        124,261   

Acerinox S.A. (d)

    64,877        745,222   

Adveo Group International S.A.

    5,993        101,605   

Almirall S.A. (d)

    34,815        441,887   

Atresmedia Corp. de Medios de Comunicaion S.A.

    35,378        455,329   

Azkoyen S.A. (a) (d)

    1,608        3,645   

Bankinter S.A.

    299,017        1,619,933   

Baron de Ley (a)

    1,446        107,768   

Bolsas y Mercados Espanoles S.A. (d)

    36,110        1,148,642   

Caja de Ahorros del Mediterraneo (a) (b) (c) (d)

    14,621        0   

Campofrio Food Group S.A. (a)

    12,609        95,582   

Cementos Portland Valderrivas S.A. (a)

    7,045        63,302   

Cie Automotive S.A.

    19,638        196,060   

Codere S.A. (a) (d)

    11,050        25,228   

Construcciones y Auxiliar de Ferrocarriles S.A.

    858        440,899   

Singapore—(Continued)

   

Deoleo S.A. (a)

    175,831      95,408   

Dinamia Capital Privado Sociedad de Capital Riesgo S.A.

    3,678        28,705   

Duro Felguera S.A.

    33,927        232,573   

Ebro Foods S.A.

    42,775        966,397   

Elecnor S.A.

    13,487        194,354   

Ence Energia y Celulosa S.A

    104,517        364,860   

Ercros S.A. (a) (d)

    60,314        41,789   

Faes Farma S.A.

    146,536        471,893   

Fluidra S.A.

    9,730        29,879   

Fomento de Construcciones y Contratas S.A. (a) (d)

    17,778        354,825   

Gamesa Corp. Tecnologica S.A. (a)

    133,307        1,170,033   

Grupo Catalana Occidente S.A.

    26,168        799,211   

Grupo Ezentis S.A. (a)

    201,417        60,085   

Iberpapel Gestion S.A.

    185        3,613   

Indra Sistemas S.A.

    51,661        776,778   

Inmobiliaria Colonial S.A. (a)

    10,263        15,016   

Jazztel plc (a)

    120,507        1,311,656   

Laboratorios Farmaceuticos Rovi S.A.

    7,964        85,994   

Let’s GOWEX S.A.

    669        5,795   

Mediaset Espana Comunicacion S.A. (a) (d)

    83,216        961,375   

Melia Hotels International S.A. (d)

    33,769        335,816   

Miquel y Costas & Miquel S.A.

    5,284        198,238   

Natra S.A. (a)

    7,533        16,659   

NH Hoteles S.A. (a)

    74,813        387,914   

Obrascon Huarte Lain S.A.

    24,970        950,241   

Papeles y Cartones de Europa S.A.

    24,499        122,721   

Pescanova S.A. (a) (b) (c)

    7,446        0   

Prim S.A.

    3,013        22,590   

Promotora de Informaciones S.A. (a) (d)

    160,309        70,370   

Prosegur Cia de Seguridad S.A.

    89,130        521,065   

Realia Business S.A. (a) (d)

    74,911        72,836   

Sacyr Vallehermoso S.A. (a)

    177,060        822,172   

Solaria Energia y Medio Ambiente S.A. (a)

    19,439        21,373   

Tecnicas Reunidas S.A. (d)

    14,817        680,539   

Telecomunicaciones y Energia (a)

    13,592        22,629   

Tubacex S.A.

    74,065        293,655   

Tubos Reunidos S.A. (d)

    63,692        149,527   

Vidrala S.A.

    9,644        411,387   

Viscofan S.A.

    23,625        1,351,221   

Vocento S.A. (a)

    5,362        8,657   

Zeltia S.A. (a)

    112,364        397,669   
   

 

 

 
      20,699,900   
   

 

 

 

Sweden—3.8%

   

AarhusKarlshamn AB

    14,131        883,011   

Acando AB

    32,257        65,748   

Active Biotech AB (a) (d)

    12,024        121,169   

AddNode Group AB

    1,849        11,936   

AddTech AB - B Shares

    10,848        475,940   

AF AB - B Shares

    19,509        637,573   

Alliance Oil Co., Ltd. (a) (d)

    6,426        48,372   

Arise Windpower AB (a)

    4,852        18,203   

Atrium Ljungberg AB - B Shares

    3,824        50,998   

Avanza Bank Holding AB (d)

    5,548        166,741   

Axfood AB (d)

    11,896        581,243   

 

MSF-107


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Sweden—(Continued)

   

Axis Communications AB (d)

    20,453      $ 643,847   

B&B Tools AB - B Shares

    12,796        178,740   

BE Group AB (a)

    31,085        66,960   

Beijer AB G&L - B Shares

    6,355        118,204   

Beijer Alma AB

    10,939        275,965   

Beijer Electronics AB

    5,229        54,112   

Betsson AB (a) (d)

    15,053        446,272   

Bilia AB - A Shares

    10,743        233,737   

Billerud AB

    89,835        906,656   

BioGaia AB - B Shares

    7,656        290,697   

Biotage AB

    15,339        24,584   

Bjoern Borg AB (a)

    9,936        44,107   

Bure Equity AB (d)

    37,705        144,354   

Byggmax Group AB

    19,874        140,080   

Castellum AB

    88,397        1,261,169   

Cision AB

    3,202        18,688   

Clas Ohlson AB - B Shares (d)

    19,724        315,536   

Cloetta AB - B Shares (a)

    15,301        44,528   

Concentric AB

    32,613        364,223   

Concordia Maritime AB - B Shares

    4,217        7,657   

Connecta AB

    4,752        33,358   

Dios Fastigheter AB (d)

    25,743        161,858   

Doro AB

    8,437        64,383   

Duni AB (d)

    21,125        223,619   

East Capital Explorer AB (a)

    7,088        51,534   

Enea AB (a)

    6,525        52,837   

Eniro AB (a) (d)

    55,843        203,494   

Fabege AB

    79,503        878,513   

Fagerhult AB

    2,130        60,982   

Fastighets AB Balder - B Shares (a) (d)

    36,044        294,647   

Fenix Outdoor AB

    384        15,596   

Gunnebo AB (d)

    23,589        136,976   

Haldex AB

    33,062        253,288   

Hexpol AB (d)

    11,619        821,129   

HIQ International AB (a)

    34,294        217,732   

HMS Networks AB

    709        13,738   

Holmen AB - B Shares

    32,135        1,033,725   

Hufvudstaden AB - A Shares

    15,492        197,331   

Husqvarna AB - A Shares

    9,289        60,391   

Husqvarna AB - B Shares (d)

    210,669        1,367,914   

ICA Gruppen AB (a)

    28,816        887,451   

Industrial & Financial Systems

    11,624        264,185   

Indutrade AB

    8,220        320,074   

Intrum Justitia AB

    33,868        906,455   

JM AB (d)

    47,411        1,379,844   

KappAhl AB (a)

    29,980        199,900   

Karolinska Development AB (a)

    7,514        36,239   

Klovern AB

    22,837        99,525   

KNOW IT AB

    10,654        94,511   

Kungsleden AB

    74,623        498,686   

Lagercrantz AB - B Shares

    9,342        161,653   

Lindab International AB (a)

    46,206        432,088   

Loomis AB

    39,066        859,797   

Meda AB - A Shares

    104,406        1,256,045   

Medivir AB - B Shares (a)

    16,404        274,432   

Mekonomen AB (d)

    9,563        327,386   

Micronic Mydata AB (a) (d)

    46,878        94,818   

Sweden—(Continued)

   

Modern Times Group AB - B Shares

    9,830      513,444   

MQ Holding AB

    9,112        25,384   

NCC AB - A Shares (d)

    3,116        93,153   

NCC AB - B Shares (d)

    45,222        1,346,381   

Nederman Holding AB

    932        23,539   

Net Entertainment NE AB - B Shares (a)

    16,258        309,552   

Net Insight AB (a)

    143,837        31,777   

New Wave Group AB - B Shares

    27,702        150,874   

Nibe Industrier AB - B Shares (d)

    40,031        762,420   

Nobia AB

    90,272        723,495   

Nolato AB - B Shares

    12,091        201,242   

Nordnet AB - B Shares

    50,893        191,657   

OEM International AB - B Shares

    498        5,663   

Orexo AB (a)

    5,087        102,847   

PA Resources AB (a)

    3,844        6,283   

Peab AB

    89,685        536,885   

Pricer AB - B Shares

    57,101        71,108   

Proact IT Group AB

    4,203        52,980   

Probi AB

    2,989        19,114   

Proffice AB - B Shares

    32,500        125,984   

Ratos AB - B Shares (d)

    15,038        140,072   

RaySearch Laboratories AB (a)

    6,806        28,916   

ReadSoft AB - B Shares

    7,499        26,233   

Rezidor Hotel Group AB (a)

    41,212        252,968   

rnb Retail and Brands AB (a)

    5,888        10,674   

Saab AB - Class B

    27,146        542,910   

Sagax AB

    14,540        49,797   

SAS AB (a)

    78,024        274,665   

Sectra AB - B Shares (a)

    2,976        29,923   

Securitas AB - B Shares

    1,794        20,495   

Semcon AB

    8,454        89,866   

SkiStar AB

    12,482        160,236   

SSAB AB - A Shares (d)

    87,230        569,598   

SSAB AB - B Shares

    46,497        256,409   

Sweco AB - B Shares

    18,222        235,804   

Swedish Orphan Biovitrum AB (a)

    74,978        747,189   

Systemair AB

    6,265        109,662   

TradeDoubler AB (a)

    21,483        70,249   

Transcom WorldWide S.A. (a)

    22,591        2,846   

Transmode Holding AB

    1,607        25,399   

Trelleborg AB - B Shares

    131,495        2,492,780   

Unibet Group plc

    16,402        658,611   

Vitrolife AB

    7,246        78,738   

Wallenstam AB - B Shares

    46,001        630,254   

Wihlborgs Fastigheter AB

    34,720        557,829   
   

 

 

 
      36,233,089   
   

 

 

 

Switzerland—4.6%

   

Acino Holding AG (a)

    2,116        188,193   

Advanced Digital Broadcast Holdings S.A. (a)

    557        10,352   

AFG Arbonia-Forster Holding AG (a)

    9,594        327,372   

Allreal Holding AG (a)

    6,898        958,243   

Alpiq Holding AG (a)

    28        3,778   

AMS AG

    5,826        554,442   

APG SGA S.A.

    818        216,970   

Ascom Holding AG (a)

    17,215        252,166   

 

MSF-108


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Switzerland—(Continued)

   

Autoneum Holding AG (a)

    2,052      $ 246,416   

Bachem Holding AG (a)

    1,972        91,783   

Bank Coop AG

    3,124        164,087   

Banque Cantonale de Geneve

    435        113,490   

Banque Privee Edmond de Rothschild S.A.

    3        55,355   

Basilea Pharmaceutica (a)

    2,000        172,088   

Basler Kantonalbank

    130        11,269   

Belimo Holding AG

    239        614,280   

Bell AG

    74        182,484   

Bellevue Group AG

    2,584        32,859   

Berner Kantonalbank AG (d)

    2,359        619,499   

BKW AG

    6,162        214,258   

Bobst Group AG (a)

    6,231        219,598   

Bossard Holding AG

    1,729        348,478   

Bucher Industries AG

    3,522        901,969   

Burckhardt Compression Holding AG

    1,496        589,131   

Burkhalter Holding AG (a)

    1,340        106,803   

Carlo Gavazzi Holding AG

    191        43,082   

Centralschweizerische Kraftwerke AG

    66        21,980   

Cham Paper Holding AG (a)

    169        43,168   

Charles Voegele Holding AG (a)

    4,263        55,801   

Cicor Technologies (a)

    644        22,508   

Cie Financiere Tradition S.A. (a)

    863        48,474   

Clariant AG (a)

    144,354        2,439,009   

Coltene Holding AG (a)

    1,860        94,515   

Conzzeta AG

    47        89,405   

Cosmo Pharmaceuticals S.p.A. (a)

    632        42,570   

Daetwyler Holding AG

    3,203        395,991   

Dufry AG (a)

    9,253        1,391,506   

EFG International AG (a) (d)

    27,485        383,970   

Emmi AG (a)

    1,190        354,444   

Energiedienst Holding AG (a)

    3,017        115,075   

Flughafen Zuerich AG

    2,209        1,163,686   

Forbo Holding AG (a) (d)

    1,023        777,109   

Galenica AG

    2,405        2,035,671   

GAM Holding AG (a)

    115,271        2,079,651   

Gategroup Holding AG (a)

    14,867        380,634   

Georg Fischer AG (a)

    2,362        1,437,044   

Gurit Holding AG (a)

    292        127,571   

Helvetia Holding AG

    3,360        1,487,929   

Huber & Suhner AG

    6,932        364,222   

Implenia AG (a)

    8,148        490,424   

Inficon Holding AG (a)

    996        319,565   

Interroll Holding AG (a)

    265        124,686   

Intershop Holdings AG

    753        273,113   

Jungfraubahn Holding AG

    85        6,176   

Kaba Holding AG (a)

    1,471        650,172   

Kardex AG (a)

    3,370        155,795   

Komax Holding AG (a)

    2,284        313,937   

Kudelski S.A.

    28,311        385,141   

Kuoni Reisen Holding AG (a)

    2,197        900,527   

LEM Holding S.A.

    349        245,045   

Liechtensteinische Landesbank AG

    2,973        120,548   

LifeWatch AG (a)

    4,907        39,879   

Logitech International S.A.

    84,871        746,326   

Lonza Group AG (a)

    30,595        2,504,305   

Luzerner Kantonalbank AG

    1,836        721,953   

Switzerland—(Continued)

   

MCH Group AG

    1,044      67,111   

Metall Zug AG

    79        191,614   

Meyer Burger Technology AG (a)

    51,039        542,152   

Micronas Semiconductor Holding AG (a)

    16,260        135,875   

Mikron Holding AG (a)

    474        2,786   

Mobilezone Holding AG

    17,624        191,989   

Mobimo Holding AG (a)

    3,387        707,812   

Nobel Biocare Holding AG (a) (d)

    57,298        846,121   

OC Oerlikon Corp. AG (a)

    101,100        1,350,714   

Orascom Development Holding AG (a)

    2,069        20,114   

Orell Fuessli Holding AG (a)

    428        43,522   

Orior AG (a)

    3,084        170,816   

Panalpina Welttransport Holding AG

    4,140        609,909   

Phoenix Mecano AG

    384        225,881   

PSP Swiss Property AG (a)

    2,635        228,580   

PubliGroupe AG

    910        99,085   

Rieter Holding AG (a)

    1,987        408,556   

Romande Energie Holding S.A.

    125        161,037   

Schaffner Holding AG (a)

    238        59,730   

Schmolz & Bickenbach AG (a)

    36,465        142,310   

Schweiter Technologies AG

    567        382,573   

Schweizerische National-Versicherungs-Gesellschaft AG

    8,748        405,791   

Siegfried Holding AG (a)

    1,948        315,477   

St. Galler Kantonalbank AG

    1,433        570,536   

Straumann Holding AG (d)

    153        27,784   

Swiss Life Holding AG (a)

    3,715        703,322   

Swisslog Holding AG (a)

    139,223        158,539   

Swissquote Group Holding S.A.

    5,895        224,416   

Tamedia AG

    904        104,903   

Tecan Group AG

    4,045        427,237   

Temenos Group AG (a) (d)

    24,817        610,320   

Tornos Holding AG (a)

    3,719        18,500   

U-Blox AG (a)

    3,324        276,674   

Valiant Holding

    7,115        699,153   

Valora Holding AG

    1,951        442,411   

Vaudoise Assurances Holding S.A. (d)

    618        261,074   

Verwaltungs- und Privat-Bank AG (d)

    2,526        229,559   

Vetropack Holding AG

    131        265,084   

Von Roll Holding AG (a)

    27,242        47,274   

Vontobel Holding AG

    13,645        531,636   

Walliser Kantonalbank

    137        123,007   

Walter Meier AG

    1,540        103,514   

Ypsomed Holding AG (a)

    2,012        129,748   

Zehnder Group AG (d)

    6,564        292,353   

Zueblin Immobilien Holding AG (a)

    20,587        47,577   

Zug Estates Holding AG (a)

    73        96,580   

Zuger Kantonalbank AG

    70        363,927   
   

 

 

 
      44,652,653   
   

 

 

 

United Arab Emirates—0.0%

   

Lamprell plc (a)

    113,934        257,355   
   

 

 

 

United Kingdom—21.2%

   

4imprint Group plc

    6,953        61,739   

888 Holdings plc

    66,302        178,750   

A.G.BARR plc

    49,005        418,489   

 

MSF-109


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

United Kingdom—(Continued)

   

Acal plc

    9,528      $ 42,434   

Afren plc (a)

    557,996        1,249,749   

African Barrick Gold plc

    30,782        81,831   

Aga Rangemaster Group plc (a)

    25,439        52,941   

Air Partner plc

    992        7,567   

Alent plc

    145,875        838,668   

Amlin plc

    302,061        1,983,213   

Anglo Pacific Group plc

    29,836        95,478   

Anglo-Eastern Plantations

    4,252        44,549   

Anite plc

    150,636        274,256   

Ashmore Group plc (d)

    158,060        1,000,717   

Ashtead Group plc

    288,080        2,876,140   

Assura Group, Ltd.

    3,600        2,098   

Avon Rubber plc

    13,389        119,162   

AZ Electronic Materials S.A.

    60,863        290,964   

Babcock International Group plc

    11,991        232,094   

Balfour Beatty plc (d)

    331,723        1,526,681   

Bank of Georgia Holdings plc

    3,494        109,298   

Barratt Developments plc (a)

    542,674        2,711,144   

BBA Aviation plc

    288,870        1,425,545   

Beazley plc

    386,682        1,313,199   

Bellway plc

    82,065        1,748,982   

Berendsen plc

    106,561        1,567,112   

Berkeley Group Holdings plc

    70,062        2,353,565   

Betfair Group plc

    16,616        276,643   

Bioquell plc

    5,000        11,778   

Bloomsbury Publishing plc

    30,485        73,461   

Bodycote plc

    122,371        1,288,016   

Booker Group plc

    568,154        1,240,177   

BOOT HENRY plc

    1,476        4,349   

Bovis Homes Group plc

    92,138        1,074,029   

Braemar Shipping Services plc

    6,245        50,591   

Brammer plc

    44,820        332,903   

Brewin Dolphin Holdings plc

    143,539        629,065   

British Polythene Industries plc

    11,187        115,329   

Britvic plc

    142,790        1,323,976   

BTG plc (a)

    150,041        931,552   

Bwin.Party Digital Entertainment plc (d)

    374,077        739,599   

Cable & Wireless Communications plc

    704,772        452,301   

Cairn Energy plc (a)

    351,764        1,494,064   

Camellia plc

    24        3,384   

Cape plc

    61,478        243,917   

Capital & Counties Properties plc

    107,134        581,044   

Capital & Regional plc

    97,482        63,965   

Carclo plc

    16,990        104,682   

Carillion plc (d)

    238,276        1,207,095   

Carr’s Milling Industries plc

    1,554        39,409   

Castings plc

    1,484        10,212   

Catlin Group, Ltd.

    266,277        2,091,798   

Centamin plc (a)

    239,434        172,253   

Centaur Media plc

    92,526        74,954   

Charles Stanley Group plc

    989        7,309   

Charles Taylor plc

    428        1,455   

Chemring Group plc

    102,201        502,823   

Chesnara plc

    55,231        240,512   

Chime Communications plc

    23,457        114,582   

Cineworld Group plc

    64,468        396,291   

United Kingdom—(Continued)

   

Clarkson plc

    6,362      231,777   

Close Brothers Group plc

    98,159        1,858,264   

Cobham plc

    661,214        3,074,146   

Colt Group S.A. (a)

    208,005        392,308   

Communisis plc

    74,463        73,561   

Computacenter plc

    49,003        424,131   

Consort Medical plc

    18,608        262,083   

Costain Group plc (d)

    16,596        71,059   

Cranswick plc

    30,441        577,572   

Creston plc

    5,272        8,770   

CSR plc

    122,475        1,021,733   

Daily Mail & General Trust plc (d)

    156,527        1,931,321   

Dairy Crest Group plc (d)

    85,916        633,980   

De La Rue plc

    36,783        591,846   

Debenhams plc

    788,181        1,302,240   

Dechra Pharmaceuticals plc

    41,847        486,744   

Development Securities plc

    64,608        206,583   

Devro plc

    101,974        536,072   

Dignity plc

    31,299        734,945   

Diploma plc

    67,126        710,602   

Dixons Retail plc (a) (d)

    2,176,730        1,645,176   

Domino Printing Sciences plc

    70,471        729,926   

Domino’s Pizza Group plc

    62,875        594,590   

Drax Group plc

    193,155        2,136,525   

DS Smith plc

    529,602        2,470,128   

Dunelm Group plc

    11,505        172,371   

E2V Technologies plc

    61,165        146,179   

easyJet plc (d)

    93,444        1,930,148   

Electrocomponents plc

    261,440        1,167,412   

Elementis plc

    255,861        992,796   

EnQuest plc (a) (d)

    429,925        907,739   

Enterprise Inns plc (a)

    348,057        814,850   

Essar Energy plc (a)

    157,334        330,975   

Essentra plc

    129,023        1,562,563   

Euromoney Institutional Investor plc

    20,461        384,280   

Exillon Energy plc (a)

    19,973        67,340   

F&C Asset Management plc

    295,113        469,175   

Fenner plc

    118,143        762,689   

Ferrexpo plc (d)

    107,348        308,626   

Fiberweb plc

    84,644        138,776   

Fidessa Group plc

    20,495        660,785   

Findel plc (a)

    17,439        69,885   

Firstgroup plc

    771,434        1,493,015   

Fortune Oil plc

    575,627        92,255   

Fuller Smith & Turner

    7,667        112,489   

Galliford Try plc

    41,886        706,205   

Gem Diamonds, Ltd. (a)

    61,908        151,515   

Genus plc

    36,981        857,317   

Go-Ahead Group plc

    22,995        624,786   

Greencore Group plc

    238,369        569,701   

Greene King plc

    120,037        1,556,939   

Greggs plc (d)

    54,722        375,323   

Halfords Group plc

    119,495        762,360   

Halma plc

    198,998        1,825,500   

Hansard Global plc

    6,197        11,846   

Hardy Oil & Gas plc (a)

    14,946        24,200   

Hargreaves Lansdown plc

    3,418        54,202   

 

MSF-110


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

United Kingdom—(Continued)

   

Hays plc

    644,027      $ 1,236,169   

Headlam Group plc

    56,842        355,415   

Helical Bar plc

    65,404        314,475   

Henderson Group plc

    548,846        1,682,649   

Heritage Oil plc (a) (d)

    105,352        303,924   

Hikma Pharmaceuticals plc (d)

    82,141        1,385,050   

Hill & Smith Holdings plc

    48,903        371,864   

Hilton Food Group plc

    1,888        13,191   

Hiscox, Ltd.

    206,205        2,167,116   

Hochschild Mining plc

    69,571        204,152   

Hogg Robinson Group plc

    81,837        100,047   

Home Retail Group plc

    448,340        1,221,531   

Homeserve plc

    170,640        710,128   

Hornby plc

    1,884        2,409   

Howden Joinery Group plc

    345,962        1,631,881   

Hunting plc (d)

    69,198        894,377   

Huntsworth plc

    31,310        32,769   

Hyder Consulting plc

    16,799        137,714   

ICAP plc

    151,421        917,823   

IG Group Holdings plc

    136,967        1,284,107   

Imagination Technologies Group plc (a) (d)

    17,170        90,725   

Inchcape plc

    245,182        2,426,624   

Informa plc

    293,165        2,492,374   

Inmarsat plc

    194,647        2,236,048   

Innovation Group plc (a)

    520,476        246,482   

Intermediate Capital Group plc

    56,516        408,572   

International Ferro Metals, Ltd. (a)

    82,765        11,766   

International Personal Finance plc

    167,310        1,653,729   

Interserve plc

    82,100        746,000   

Invensys plc

    205,768        1,661,378   

IP Group plc (a)

    134,473        309,309   

ITE Group plc

    128,734        566,822   

James Fisher & Sons plc

    20,889        358,341   

Jardine Lloyd Thompson Group plc

    80,781        1,236,143   

JD Sports Fashion plc

    9,241        157,700   

JD Wetherspoon plc

    61,195        724,419   

JKX Oil & Gas plc (a)

    48,421        49,393   

John Menzies plc

    19,888        257,802   

John Wood Group plc

    167,033        2,171,090   

Johnston Press plc (a)

    221,296        50,125   

Jupiter Fund Management plc

    141,577        841,427   

Kcom Group plc

    394,746        582,581   

Keller Group plc

    36,149        608,029   

Kier Group plc

    16,359        446,458   

Kofax plc (a)

    34,020        201,073   

Ladbrokes plc (d)

    533,684        1,458,708   

Laird plc

    156,521        559,208   

Lancashire Holdings, Ltd.

    82,826        1,030,663   

Latchways plc

    918        19,136   

Laura Ashley Holdings plc

    25,157        10,596   

Lavendon Group plc

    44,306        140,975   

London Stock Exchange Group plc

    33,249        827,351   

Lonmin plc (a)

    229,666        1,189,186   

Lookers plc

    122,220        246,344   

Low & Bonar plc

    37,972        45,686   

LSL Property Services plc

    2,076        15,586   

Man Group plc

    757,211        1,029,076   

United Kingdom—(Continued)

   

Management Consulting Group plc

    9,097      3,903   

Marshalls plc

    73,011        211,418   

Marston’s plc

    388,928        950,938   

McBride plc (a)

    112,043        220,402   

Mears Group plc

    51,685        350,819   

Mecom Group plc

    42,085        27,171   

Meggitt plc

    366,745        3,258,210   

Melrose Industries plc

    493,539        2,394,437   

Michael Page International plc

    126,237        1,005,599   

Micro Focus International plc

    81,244        997,217   

Millennium & Copthorne Hotels plc

    89,395        803,398   

Mitchells & Butlers plc (a)

    113,439        754,976   

Mitie Group plc (d)

    176,827        846,737   

MJ Gleeson Group plc

    1,023        5,438   

Mondi plc

    91,158        1,539,793   

Moneysupermarket.com Group plc

    121,798        298,812   

Morgan Advanced Materials plc

    182,381        920,059   

Morgan Sindall Group plc

    15,921        193,302   

Mothercare plc (a) (d)

    41,074        250,690   

N Brown Group plc

    92,789        788,792   

National Express Group plc

    318,383        1,319,287   

NCC Group plc

    68,996        165,695   

New World Resources plc - A Shares (a) (d)

    11,898        19,113   

Northgate plc

    71,837        500,179   

Novae Group plc

    24,669        200,968   

Ocado Group plc (a)

    186,591        1,196,835   

Optos plc (a)

    26,295        67,800   

Oxford Biomedica plc (a) (d)

    67,707        2,357   

Oxford Instruments plc

    17,521        357,570   

Pace plc

    170,988        702,984   

PayPoint plc

    30,239        519,924   

Pendragon plc

    232,124        127,795   

Pennon Group plc

    183,169        2,074,356   

Persimmon plc (a) (d)

    199,016        3,498,939   

Petra Diamonds, Ltd. (a)

    133,355        257,331   

Petropavlovsk plc (d)

    85,219        106,334   

Phoenix Group Holdings

    44,630        538,817   

Phoenix IT Group, Ltd.

    21,830        56,272   

Photo-Me International plc

    21,595        39,160   

Premier Farnell plc

    206,598        727,504   

Premier Foods plc (a)

    126,593        319,772   

Premier Oil plc

    272,250        1,435,927   

Punch Taverns plc (a)

    322,649        74,488   

PV Crystalox Solar plc (a) (d)

    94,168        16,012   

PZ Cussons plc

    133,219        892,774   

QinetiQ Group plc

    338,186        1,049,766   

Quintain Estates & Development plc (a)

    278,012        380,314   

Rank Group plc

    27,081        67,477   

Rathbone Brothers plc

    24,973        627,212   

Raven Russia, Ltd.

    58,157        71,118   

REA Holdings plc

    1,120        6,935   

Redrow plc

    183,456        692,781   

Regus plc

    350,864        1,034,948   

Renishaw plc

    21,312        622,915   

Renold plc (a)

    64,766        39,399   

Renovo Group plc (a)

    13,825        4,335   

Rentokil Initial plc

    521,366        920,256   

 

MSF-111


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

United Kingdom—(Continued)

   

Restaurant Group plc

    119,275      $ 1,028,218   

Ricardo plc

    10,889        97,889   

Rightmove plc

    42,268        1,623,153   

RM plc

    49,467        84,843   

Robert Walters plc

    16,972        88,710   

Rotork plc

    43,384        1,915,792   

RPC Group plc

    92,930        684,787   

RPS Group plc

    139,248        604,599   

Salamander Energy plc (a)

    143,094        272,488   

Savills plc

    84,393        845,307   

SDL plc

    52,526        265,609   

Senior plc

    227,772        998,628   

Sepura plc

    11,245        26,498   

Serco Group plc

    45,096        398,817   

Severfield-Rowen plc

    125,960        121,870   

Shanks Group plc

    246,393        371,184   

SIG plc

    351,400        1,056,399   

Smiths News plc

    105,529        349,927   

Soco International plc (a) (b)

    238,670        837,725   

Spectris plc

    75,025        2,682,842   

Speedy Hire plc

    231,047        243,197   

Spirax-Sarco Engineering plc

    41,098        2,006,596   

Spirent Communications plc

    344,790        711,970   

Spirit Pub Co. plc

    327,364        379,260   

Sportech plc (a)

    20,264        27,399   

Sports Direct International plc (a)

    48,604        557,528   

St. Ives plc

    36,663        102,783   

St. James’s Place plc

    91,335        909,928   

St. Modwen Properties plc

    110,240        542,572   

Stagecoach Group plc

    233,416        1,232,417   

Sthree plc

    46,658        268,665   

SuperGroup plc (a)

    17,932        332,684   

Synergy Health plc

    30,931        548,862   

Synthomer plc

    163,534        630,852   

TalkTalk Telecom Group plc

    188,301        737,358   

Taylor Wimpey plc

    1,648,812        2,684,652   

Ted Baker plc

    6,525        202,517   

Telecity Group plc

    22,852        307,132   

Telecom Plus plc

    21,145        433,619   

Thomas Cook Group plc (a)

    821,921        2,042,012   

Thorntons plc (a)

    25,294        39,703   

Topps Tiles plc

    106,295        152,346   

Torotrak plc (a)

    15,625        6,577   

Travis Perkins plc

    77,750        2,075,957   

Tribal Group plc

    25,502        81,335   

Trifast plc

    6,100        6,668   

Trinity Mirror plc (a)

    174,518        349,879   

TT electronics plc

    99,086        310,599   

TUI Travel plc (d)

    208,335        1,238,253   

Tullett Prebon plc

    133,791        749,910   

UBM plc

    35,284        408,488   

UDG Healthcare plc

    117,031        606,695   

UK Mail Group plc

    1,868        17,551   

Ultra Electronics Holdings plc

    18,981        580,907   

Unite Group plc

    128,010        818,403   

UTV Media plc

    54,341        162,769   

Vectura Group plc (a)

    199,135        358,760   

United Kingdom—(Continued)

   

Vesuvius plc (d)

    153,649      $ 1,112,388   

Victrex plc

    43,917        1,135,797   

Vislink plc

    37,188        27,093   

Vitec Group plc (The)

    11,459        126,381   

Volex plc (d)

    14,989        28,263   

Vp plc

    1,199        9,587   

WH Smith plc

    85,603        1,146,327   

William Hill plc

    168,192        1,095,624   

Wincanton plc (a)

    58,903        95,907   

Wolfson Microelectronics plc (a)

    84,440        233,734   

WS Atkins plc

    76,087        1,440,232   

Xaar plc

    21,952        284,271   

Xchanging plc

    144,207        295,232   

XP Power, Ltd. (d)

    3,554        79,316   
   

 

 

 
      204,273,923   
   

 

 

 

Total Common Stocks
(Cost $731,231,693)

      954,796,550   
   

 

 

 
Rights—0.0%                

Australia—0.0%

   

Australian Agricultural Co., Ltd.,
Strike Price AUD 0.18
Expires 10/08/13 (a)

    87,038        2,436   

Ramelius Resources, Ltd.,
Strike Price AUD 1.00
Expires 10/21/13 (a) (b)

    38,986        0   

Sihayo Gold, Ltd.,
Strike Price AUD 0.04
Expires 10/16/13 (a) (b)

    18,102        0   
   

 

 

 
      2,436   
   

 

 

 

Austria—0.0%

   

UNIQA Insurance Group AG,
Expires 10/08/13 (a) (b)

    8,215        3,526   
   

 

 

 

Norway—0.0%

   

Renewable Energy Corp. ASA,
Expires 10/13/18 (a) (b)

    10,877        43,233   
   

 

 

 

Total Rights
(Cost $0)

      49,195   
   

 

 

 
Preferred Stock—0.0%                

France—0.0%

   

Valneva SE (a)
(Cost $8,927)

    7,852        3,292   
   

 

 

 
Warrants—0.0%                

Israel—0.0%

   

Clal Biotechnology Industries, Ltd.,
Expires 05/08/14 (a)

    1,851        693   
   

 

 

 

 

MSF-112


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Warrants—(Continued)

 

Security Description   Share/
Principal
Amount*
    Value  

Italy — 0.0%

   

Seat Pagine Gialle,
Expires 08/31/14 (a) (b) (d)

    402,113      $ 0   
   

 

 

 

Total Warrants
(Cost $0)

      693   
   

 

 

 
Short-Term Investments—18.7%   

Mutual Fund—18.6%

   

State Street Navigator Securities Lending MET Portfolio (e)

    178,306,042        178,306,042   
   

 

 

 

Repurchase Agreement—0.1%

   

Fixed Income Clearing Corp. Repurchase Agreement dated 09/30/13 at 0.000% to be repurchased at $1,105,000 on 10/01/13, collateralized by $1,100,000 U.S. Treasury Note at 1.500% due 07/31/16 with a value of $1,130,235.

    1,105,000        1,105,000   
   

 

 

 

Total Short-Term Investments
(Cost $179,411,042)

      179,411,042   
   

 

 

 

Total Investments—118.0%
(Cost $910,651,662)(f)

      1,134,260,772   

Other assets and liabilities (net)—(18.0)%

      (172,497,603
   

 

 

 
Net Assets—100.0%     $ 961,763,169   
   

 

 

 

 

* Principal amount stated in U.S. dollars unless otherwise noted.
(a) Non-income producing security.
(b) Illiquid security. As of September 30, 2013, these securities represent 0.2% of net assets.
(c) Security was valued in good faith under procedures approved by the Board of Trustees. As of September 30, 2013, these securities represent less than 0.05% of net assets.
(d) All or a portion of the security was held on loan. As of September 30, 2013, the market value of securities loaned was $170,813,702 and the collateral received consisted of cash in the amount of $178,306,042 and non-cash collateral with a value of $1,505,913. The cash collateral is invested in a money market fund managed by an affiliate of the custodian. The non-cash collateral received consists primarily of government securities and bank letters of credit, and is held for the benefit of the Portfolio at the Portfolio’s custodian. The Portfolio cannot repledge or resell this collateral.
(e) Represents investment of cash collateral received from securities lending transactions.
(f) As of September 30, 2013, the aggregate cost of investments was $910,651,662. The aggregate unrealized appreciation and depreciation of investments were $304,959,755 and $(81,350,645), respectively, resulting in net unrealized appreciation of $223,609,110.
(AUD)— Australian Dollar
(VVPR
Strip)— The VVPR Strip is a coupon which, if presented along with the corresponding coupon of the share, allows the holder to benefit from a reduced withholding tax of 15% (rather than 25%) on the dividends paid by the company. This strip is quoted separately from the ordinary share and is freely negotiable.

 

Ten Largest Industries as of

September 30, 2013

  

% of
Net Assets

 

Machinery

     6.6%   

Commercial Banks

     4.2%   

Hotels, Restaurants & Leisure

     4.0%   

Metals & Mining

     4.0%   

Construction & Engineering

     4.0%   

Oil, Gas & Consumable Fuels

     3.7%   

Media

     3.3%   

Specialty Retail

     3.3%   

Household Durables

     3.2%   

Food Products

     3.2%   

 

MSF-113


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

Fair Value Hierarchy

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to the Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1      Level 2     Level 3      Total  
Common Stocks           

Australia

   $ 61,740       $ 50,093,924      $ 20,626       $ 50,176,290   

Austria

     3,185         8,201,436        0         8,204,621   

Belgium

     —           10,913,179        0         10,913,179   

Canada

     82,253,361         —          0         82,253,361   

China

     —           211,804        —           211,804   

Denmark

     —           18,057,838        0         18,057,838   

Finland

     —           23,722,206        —           23,722,206   

France

     —           43,175,031        0         43,175,031   

Germany

     —           47,996,623        —           47,996,623   

Greece

     168,923         6,800,085        0         6,969,008   

Hong Kong

     550,084         26,727,708        450,367         27,728,159   

Ireland

     —           10,696,490        —           10,696,490   

Israel

     117,254         9,995,795        —           10,113,049   

Italy

     —           29,416,976        0         29,416,976   

Japan

     640,000         217,729,257        948,313         219,317,570   

Netherlands

     —           20,007,186        0         20,007,186   

New Zealand

     15,558         8,372,989        0         8,388,547   

Norway

     —           10,337,580        —           10,337,580   

Portugal

     —           4,750,506        —           4,750,506   

Singapore

     94,999         16,148,607        —           16,243,606   

Spain

     —           20,699,900        0         20,699,900   

Sweden

     —           36,233,089        —           36,233,089   

Switzerland

     1,391,506         43,261,147        —           44,652,653   

United Arab Emirates

     —           257,355        —           257,355   

United Kingdom

     77,277         204,196,646        —           204,273,923   

Total Common Stocks

     85,373,887         868,003,357        1,419,306         954,796,550   

Total Rights*

     49,195         —          —           49,195   

Total Preferred Stock*

     —           3,292        —           3,292   

Total Warrants*

     693         —          —           693   
Short-Term Investments           

Mutual Fund

     178,306,042         —          —           178,306,042   

Repurchase Agreement

     —           1,105,000        —           1,105,000   

Total Short-Term Investments

     178,306,042         1,105,000        —           179,411,042   

Total Investments

   $ 263,729,817       $ 869,111,649      $ 1,419,306       $ 1,134,260,772   
                                    

Collateral for Securities Loaned (Liability)

   $ —         $ (178,306,042   $ —         $ (178,306,042

 

* See Schedule of Investments for additional detailed categorizations.

Transfers from Level 2 to Level 1 in the amount of $2,090,399 were due to the discontinuation of a systematic fair valuation model factor. Transfers from Level 1 to Level 2 in the amount of $1,259,075 were due to the application of a systematic fair valuation model factor.

 

MSF—114


Table of Contents

Metropolitan Series Fund

Met/Dimensional International Small Company Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

Fair Value Hierarchy—(Continued)

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:

 

Investments in
Securities

  Balance as of
December 31,
2012
    Accrued
Discounts/
(Premiums)
    Realized
Gain/(Loss)
    Change in
Unrealized
Appreciation/
(Depreciation)
    Purchases     Sales     Transfers
in to
Level 3
    Transfers
out of
Level 3
    Balance as of
September 30,
2013
    Change in
Unrealized
Appreciation/
(Depreciation)
from investments
still held at
September 30,
2013
 
Common Stocks                    

Australia

  $ 271,903      $ —        $ (80,968   $ 16,116      $ —        $ (152,454   $ 15,387      $ (49,358   $ 20,626      $ (16,936

Austria

    0        —          —          —          —          —          —          —          0        —     

Belgium

    66        —          —          (98     —          —          32        —          0        (98

Canada

    17,069        —          —          283,054        —          (298,001     —          (2,122     0        —     

Denmark

    0        —          —          —          —          —          —          —          0        —     

France

    0        —          (2,520     (27,841     —          (405     30,766        —          0        (27,841

Greece

    15,784        —          —          (15,784     —          —          —          —          0        (15,784

Hong Kong

    95,600        —          (169,942     150,197        38,406        (65,667     401,773        —          450,367        (35,465

Italy

    0        —          —          —          —          —          —          —          0        —     

Japan

    0        —          —          82,910        54,415        —          810,988        —          948,313        82,910   

Netherlands

    0        —          —          (146,020     —          —          146,020        —          0        (146,020

New Zealand

    0        —          —          —          —          —          —          —          0        —     

Spain

    0        —          —          (137,926     —          —          137,926        —          0        (137,926

Total

  $ 400,422      $ —        $ (253,430   $ 204,608      $ 92,821      $ (516,527   $ 1,542,892      $ (51,480   $ 1,419,306      $ (297,160
                                                                                 

Common stock transfers into level 3 were due to trading halts on the securities’ respective exchanges which resulted in the lack of observable inputs.

Common stock transfers out of level 3 were due to the resumption of trading activity which resulted in the availability of significant observable inputs.

 

MSF-115


Table of Contents

Metropolitan Series Fund

MetLife Conservative Allocation Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Mutual Funds—100.0% of Net Assets

 

Security Description   Shares     Value  

Affiliated Investment Companies—100.0%

  

Baillie Gifford International Stock Portfolio, (Class A) (a)

    711,522      $ 7,129,453   

BlackRock Bond Income Portfolio, (Class A) (a)

    843,669        90,323,206   

BlackRock Capital Appreciation Portfolio, (Class A) (a)

    213,132        7,184,692   

BlackRock High Yield Portfolio, (Class A) (b)

    589,919        5,043,806   

BlackRock Large Cap Value Portfolio, (Class A) (a)

    645,687        7,063,813   

Clarion Global Real Estate Portfolio, (Class A) (b)

    639,851        7,089,546   

Davis Venture Value Portfolio, (Class A) (a)

    419,911        16,359,728   

Goldman Sachs Mid Cap Value Portfolio, (Class A) (b)

    216,519        3,566,063   

Harris Oakmark International Portfolio, (Class A) (b)

    389,130        7,101,628   

Invesco Comstock Portfolio, (Class A) (b)

    1,077,926        14,185,510   

Jennison Growth Portfolio, (Class A) (a)

    608,132        8,592,899   

JPMorgan Core Bond Portfolio, (Class A) (b)

    6,021,793        61,422,293   

JPMorgan Small Cap Value Portfolio, (Class A) (b)

    196,380        3,605,531   

Lord Abbett Bond Debenture Portfolio, (Class A) (b)

    385,288        5,043,417   

Met/Artisan Mid Cap Value Portfolio, (Class A) (a)

    14,377        3,594,919   

Met/Eaton Vance Floating Rate Portfolio, (Class A) (b)

    1,371,524        14,387,286   

Met/Franklin Low Duration Total Return Portfolio, (Class A) (b)

    4,326,996        43,269,963   

Met/Templeton International Bond Portfolio, (Class A) (b)

    1,246,909        14,314,514   

MFS Emerging Markets Equity Portfolio, (Class A) (b)

    171,061        1,756,800   

Affiliated Investment Companies—(Continued)

  

MFS Research International Portfolio, (Class A) (b)

    465,832      5,366,379   

MFS Value Portfolio, (Class A) (a)

    883,199        14,193,000   

Neuberger Berman Genesis Portfolio, (Class A) (a)

    435,073        7,226,571   

PIMCO Inflation Protected Bond Portfolio, (Class A) (b)

    7,111,856        72,256,458   

PIMCO Total Return Portfolio, (Class A) (b)

    11,571,701        137,356,085   

T. Rowe Price Large Cap Growth Portfolio, (Class A) (a)

    394,189        8,640,624   

T. Rowe Price Large Cap Value Portfolio, (Class A) (b)

    556,612        16,280,887   

Third Avenue Small Cap Value Portfolio, (Class A) (b)

    563,189        10,841,387   

Western Asset Management Strategic Bond Opportunities Portfolio, (Class A) (a)

    1,413,748        18,718,023   

Western Asset Management U.S. Government Portfolio, (Class A) (a)

    9,014,047        108,348,845   
   

 

 

 

Total Mutual Funds
(Identified Cost $700,002,210)

      720,263,326   
   

 

 

 

Total Investments—100.0%
(Identified Cost $700,002,210) (c)

      720,263,326   

Other assets and liabilities (net)—0.0%

      (217,176
   

 

 

 
Net Assets—100.0%     $ 720,046,150   
   

 

 

 

 

(a) A Portfolio of Metropolitan Series Fund.
(b) A Portfolio of Met Investors Series Trust.
(c) As of September 30, 2013, the aggregate cost of investments was $700,002,210. The aggregate unrealized appreciation and depreciation of investments was $31,671,252 and $(11,410,136), respectively, resulting in net unrealized appreciation of $20,261,116.

 

MSF-116


Table of Contents

Metropolitan Series Fund

MetLife Conservative Allocation Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Fair Value Hierarchy

 

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive if it were to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. GAAP establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1      Level 2      Level 3      Total  
Mutual Funds            

Affiliated Investment Companies

   $ 720,263,326       $ —         $ —         $ 720,263,326   

Total Investments

   $ 720,263,326       $ —         $ —         $ 720,263,326   
                                     

 

MSF-117


Table of Contents

Metropolitan Series Fund

MetLife Conservative to Moderate Allocation Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Mutual Funds—100.0% of Net Assets

 

Security Description   Shares     Value  

Affiliated Investment Companies—100.0%

  

Baillie Gifford International Stock Portfolio, (Class A) (a)

    3,598,315      $ 36,055,112   

BlackRock Bond Income Portfolio, (Class A) (a)

    1,555,774        166,561,209   

BlackRock Capital Appreciation Portfolio, (Class A) (a)

    1,072,149        36,142,134   

BlackRock High Yield Portfolio, (Class A) (b)

    1,454,171        12,433,159   

BlackRock Large Cap Value Portfolio, (Class A) (a)

    3,223,731        35,267,622   

Clarion Global Real Estate Portfolio, (Class A) (b)

    1,562,652        17,314,183   

ClearBridge Aggressive Growth Portfolio, (Class A) (b)

    1,462,258        17,971,150   

Davis Venture Value Portfolio, (Class A) (a)

    1,365,506        53,200,104   

Goldman Sachs Mid Cap Value Portfolio, (Class A) (b)

    1,082,292        17,825,354   

Harris Oakmark International Portfolio, (Class A) (b)

    2,466,611        45,015,655   

Invesco Comstock Portfolio, (Class A) (b)

    4,019,651        52,898,611   

Invesco Small Cap Growth Portfolio, (Class A) (b)

    1,931,126        36,131,361   

Jennison Growth Portfolio, (Class A) (a)

    1,911,449        27,008,774   

JPMorgan Core Bond Portfolio, (Class A) (b)

    10,850,423        110,674,310   

JPMorgan Small Cap Value Portfolio,
(Class A) (b)

    489,647        8,989,927   

Lord Abbett Bond Debenture Portfolio,
(Class A) (b)

    947,311        12,400,298   

Met/Artisan Mid Cap Value Portfolio,
(Class A) (a)

    71,662        17,918,435   

Met/Eaton Vance Floating Rate Portfolio, (Class A) (b)

    3,337,496        35,010,328   

Met/Franklin Low Duration Total Return Portfolio, (Class A) (b)

    7,006,976        70,069,761   

Met/Templeton International Bond Portfolio, (Class A) (b)

    4,510,936        51,785,546   

MFS Emerging Markets Equity Portfolio, (Class A) (b)

    1,692,279        17,379,708   

MFS Research International Portfolio, (Class A) (b)

    2,344,728        27,011,262   

Affiliated Investment Companies—(Continued)

  

MFS Value Portfolio, (Class A) (a)

    4,974,696      79,943,368   

Neuberger Berman Genesis Portfolio, (Class A) (a)

    1,091,685        18,132,892   

PIMCO Inflation Protected Bond Portfolio, (Class A) (b)

    11,715,023        119,024,629   

PIMCO Total Return Portfolio, (Class A) (b)

    22,386,783        265,731,115   

T. Rowe Price Large Cap Growth Portfolio, (Class A) (a)

    2,064,971        45,264,163   

T. Rowe Price Large Cap Value Portfolio, (Class A) (b)

    2,724,386        79,688,294   

T. Rowe Price Mid Cap Growth Portfolio, (Class A) (b)

    1,576,815        17,959,918   

Third Avenue Small Cap Value Portfolio, (Class A) (b)

    1,406,875        27,082,351   

Van Eck Global Natural Resources Portfolio, (Class A) (a)

    1,301,853        17,848,410   

Western Asset Management Strategic Bond Opportunities Portfolio, (Class A) (a)

    2,122,229        28,098,316   

Western Asset Management U.S. Government Portfolio, (Class A) (a)

    13,022,122        156,525,909   
   

 

 

 

Total Mutual Funds
(Identified Cost $1,595,913,870)

      1,760,363,368   
   

 

 

 

Total Investments—100.0%
(Identified Cost $1,595,913,870) (c)

      1,760,363,368   

Liabilities in excess of other assets

      (509,483
   

 

 

 
Net Assets—100.0%     $ 1,759,853,885   
   

 

 

 

 

(a) A Portfolio of Metropolitan Series Fund.
(b) A Portfolio of Met Investors Series Trust.
(c) As of September 30, 2013, the aggregate cost of investments was $1,595,913,870. The aggregate unrealized appreciation and depreciation of investments was $179,734,776 and $(15,285,278), respectively, resulting in net unrealized appreciation of $164,449,498.

 

MSF-118


Table of Contents

Metropolitan Series Fund

MetLife Conservative to Moderate Allocation Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Fair Value Hierarchy

 

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive if it were to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. GAAP establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1      Level 2      Level 3      Total  
Mutual Funds            

Affiliated Investment Companies

   $ 1,760,363,368       $ —         $ —         $ 1,760,363,368   

Total Investments

   $ 1,760,363,368       $ —         $ —         $ 1,760,363,368   
                                     

 

MSF-119


Table of Contents

Metropolitan Series Fund

MetLife Mid Cap Stock Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—93.5% of Net Assets

 

Security Description   Shares     Value  

Aerospace & Defense—1.5%

   

Alliant Techsystems, Inc.

    17,842      $ 1,740,666   

BE Aerospace, Inc. (a)

    54,879        4,051,168   

Esterline Technologies Corp. (a)

    17,480        1,396,477   

Exelis, Inc.

    104,914        1,648,199   

Huntington Ingalls Industries, Inc.

    27,735        1,869,339   

Triumph Group, Inc.

    28,979        2,034,905   
   

 

 

 
      12,740,754   
   

 

 

 

Air Freight & Logistics—0.1%

   

UTi Worldwide, Inc.

    50,773        767,180   
   

 

 

 

Airlines—0.4%

   

Alaska Air Group, Inc.

    38,895        2,435,605   

JetBlue Airways Corp. (a) (b)

    121,116        806,632   
   

 

 

 
      3,242,237   
   

 

 

 

Auto Components—0.2%

   

Gentex Corp.

    80,372        2,056,719   
   

 

 

 

Automobiles—0.2%

   

Thor Industries, Inc.

    24,827        1,440,959   
   

 

 

 

Biotechnology—0.5%

   

Cubist Pharmaceuticals, Inc. (a)

    36,817        2,339,720   

United Therapeutics Corp. (a) (b)

    25,589        2,017,693   
   

 

 

 
      4,357,413   
   

 

 

 

Building Products—0.7%

   

Fortune Brands Home & Security, Inc.

    92,488        3,850,275   

Lennox International, Inc.

    25,592        1,926,054   
   

 

 

 
      5,776,329   
   

 

 

 

Capital Markets—2.3%

   

Affiliated Managers Group, Inc. (a)

    29,446        5,378,017   

Apollo Investment Corp.

    125,211        1,020,470   

Eaton Vance Corp. (b)

    67,602        2,624,986   

Federated Investors, Inc. - Class B (b)

    52,468        1,425,031   

Greenhill & Co., Inc.

    14,531        724,806   

Janus Capital Group, Inc.

    83,401        709,743   

Raymond James Financial, Inc.

    68,564        2,857,062   

SEI Investments Co.

    80,684        2,493,942   

Waddell & Reed Financial, Inc. - Class A

    47,748        2,458,067   
   

 

 

 
      19,692,124   
   

 

 

 

Chemicals—2.6%

   

Albemarle Corp.

    45,336        2,853,448   

Ashland, Inc.

    40,082        3,706,783   

Cabot Corp.

    33,089        1,413,231   

Cytec Industries, Inc.

    20,328        1,653,886   

Intrepid Potash, Inc. (b)

    30,967        485,563   

Minerals Technologies, Inc.

    19,312        953,434   

NewMarket Corp. (b)

    6,379        1,836,578   

Olin Corp. (b)

    44,682        1,030,814   

RPM International, Inc.

    74,021        2,679,560   

Scotts Miracle-Gro Co. (The) - Class A

    24,478        1,347,024   

Chemicals—(Continued)

   

Sensient Technologies Corp.

    27,881      1,335,221   

Valspar Corp. (The)

    44,912        2,848,768   
   

 

 

 
      22,144,310   
   

 

 

 

Commercial Banks—4.2%

   

Associated Banc-Corp. (b)

    92,455        1,432,128   

BancorpSouth, Inc. (b)

    46,672        930,640   

Bank of Hawaii Corp. (b)

    24,844        1,352,756   

Cathay General Bancorp

    40,875        955,249   

City National Corp.

    26,352        1,756,624   

Commerce Bancshares, Inc.

    42,951        1,881,683   

Cullen/Frost Bankers, Inc. (b)

    29,197        2,059,848   

East West Bancorp, Inc.

    76,720        2,451,204   

First Horizon National Corp. (b)

    134,021        1,472,891   

First Niagara Financial Group, Inc.

    197,223        2,045,202   

FirstMerit Corp.

    91,951        1,996,256   

Fulton Financial Corp.

    107,981        1,261,218   

Hancock Holding Co.

    45,733        1,435,102   

International Bancshares Corp.

    31,822        688,310   

Prosperity Bancshares, Inc. (b)

    31,266        1,933,489   

Signature Bank (a)

    26,332        2,409,905   

SVB Financial Group (a)

    25,378        2,191,898   

Synovus Financial Corp.

    545,043        1,798,642   

TCF Financial Corp. (b)

    91,650        1,308,762   

Trustmark Corp. (b)

    37,428        958,157   

Valley National Bancorp (b)

    111,120        1,105,644   

Webster Financial Corp.

    50,295        1,284,031   

Westamerica Bancorp (b)

    14,916        741,922   
   

 

 

 
      35,451,561   
   

 

 

 

Commercial Services & Supplies—1.7%

   

Brink’s Co. (The)

    26,868        760,364   

Clean Harbors, Inc. (a) (b)

    30,726        1,802,387   

Copart, Inc. (a)

    62,201        1,977,370   

Deluxe Corp. (b)

    28,074        1,169,563   

Herman Miller, Inc.

    32,693        953,982   

HNI Corp. (b)

    25,288        914,920   

Mine Safety Appliances Co.

    17,601        908,388   

Rollins, Inc.

    35,809        949,296   

RR Donnelley & Sons Co.

    101,231        1,599,450   

Waste Connections, Inc. (b)

    68,798        3,124,117   
   

 

 

 
      14,159,837   
   

 

 

 

Communications Equipment—0.8%

   

ADTRAN, Inc. (b)

    32,435        864,068   

Ciena Corp. (a) (b)

    57,464        1,435,451   

InterDigital, Inc. (b)

    22,944        856,499   

Plantronics, Inc.

    24,434        1,125,186   

Polycom, Inc. (a)

    94,503        1,031,973   

Riverbed Technology, Inc. (a) (b)

    91,513        1,335,175   
   

 

 

 
      6,648,352   
   

 

 

 

Computers & Peripherals—1.0%

   

3D Systems Corp. (a) (b)

    52,649        2,842,519   

Diebold, Inc. (b)

    35,577        1,044,541   

 

MSF-120


Table of Contents

Metropolitan Series Fund

MetLife Mid Cap Stock Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Computers & Peripherals—(Continued)

   

Lexmark International, Inc. - Class A

    34,874      $ 1,150,842   

NCR Corp. (a)

    92,484        3,663,291   
   

 

 

 
      8,701,193   
   

 

 

 

Construction & Engineering—0.9%

  

AECOM Technology Corp. (a)

    56,161        1,756,155   

Granite Construction, Inc.

    20,068        614,081   

KBR, Inc.

    82,452        2,691,233   

URS Corp.

    41,723        2,242,611   
   

 

 

 
      7,304,080   
   

 

 

 

Construction Materials—0.5%

  

Eagle Materials, Inc.

    27,616        2,003,541   

Martin Marietta Materials, Inc. (b)

    25,763        2,529,153   
   

 

 

 
      4,532,694   
   

 

 

 

Containers & Packaging—1.6%

  

Aptargroup, Inc.

    36,929        2,220,541   

Greif, Inc. - Class A

    16,964        831,745   

Packaging Corp. of America

    54,765        3,126,534   

Rock-Tenn Co. - Class A

    40,096        4,060,522   

Silgan Holdings, Inc.

    24,373        1,145,531   

Sonoco Products Co.

    55,946        2,178,537   
   

 

 

 
      13,563,410   
   

 

 

 

Distributors—0.6%

  

LKQ Corp. (a)

    167,207        5,327,215   
   

 

 

 

Diversified Consumer Services—0.8%

  

Apollo Group, Inc. - Class A (a) (b)

    55,320        1,151,209   

DeVry, Inc. (b)

    31,578        965,024   

Matthews International Corp. - Class A (b)

    15,285        582,053   

Regis Corp. (b)

    24,292        356,607   

Service Corp. International

    118,084        2,198,724   

Sotheby’s

    38,073        1,870,526   
   

 

 

 
      7,124,143   
   

 

 

 

Diversified Financial Services—0.6%

  

CBOE Holdings, Inc.

    48,861        2,209,983   

MSCI, Inc. (a)

    67,395        2,713,323   
   

 

 

 
      4,923,306   
   

 

 

 

Diversified Telecommunication Services—0.3%

  

tw telecom, Inc. (a)

    81,156        2,423,724   
   

 

 

 

Electric Utilities—1.9%

  

Cleco Corp.

    33,679        1,510,166   

Great Plains Energy, Inc.

    85,672        1,901,919   

Hawaiian Electric Industries, Inc. (b)

    55,227        1,386,198   

IDACORP, Inc.

    27,986        1,354,522   

N.V. Energy, Inc.

    131,250        3,098,813   

OGE Energy Corp.

    110,510        3,988,306   

PNM Resources, Inc.

    44,378        1,004,274   

Westar Energy, Inc. (b)

    70,768        2,169,039   
   

 

 

 
      16,413,237   
   

 

 

 

Electrical Equipment—0.9%

  

Acuity Brands, Inc. (b)

    23,862      2,195,781   

General Cable Corp.

    27,722        880,174   

Hubbell, Inc. - Class B

    30,072        3,149,741   

Regal-Beloit Corp.

    25,104        1,705,315   
   

 

 

 
      7,931,011   
   

 

 

 

Electronic Equipment, Instruments & Components—2.0%

  

Arrow Electronics, Inc. (a)

    55,815        2,708,702   

Avnet, Inc.

    76,413        3,187,186   

Ingram Micro, Inc. - Class A (a)

    85,105        1,961,670   

Itron, Inc. (a) (b)

    21,791        933,308   

National Instruments Corp.

    54,233        1,677,427   

Tech Data Corp. (a)

    21,038        1,050,007   

Trimble Navigation, Ltd. (a)

    143,028        4,249,362   

Vishay Intertechnology, Inc. (a) (b)

    73,608        948,807   
   

 

 

 
      16,716,469   
   

 

 

 

Energy Equipment & Services—2.9%

  

Atwood Oceanics, Inc. (a)

    32,073        1,765,298   

CARBO Ceramics, Inc. (b)

    11,060        1,096,157   

Dresser-Rand Group, Inc. (a)

    42,488        2,651,251   

Dril-Quip, Inc. (a)

    22,613        2,594,842   

Helix Energy Solutions Group, Inc. (a)

    54,795        1,390,149   

Oceaneering International, Inc.

    60,281        4,897,228   

Oil States International, Inc. (a)

    30,729        3,179,222   

Patterson-UTI Energy, Inc.

    82,089        1,755,063   

Superior Energy Services, Inc. (a)

    88,895        2,225,931   

Tidewater, Inc.

    27,570        1,634,625   

Unit Corp. (a)

    24,349        1,131,985   
   

 

 

 
      24,321,751   
   

 

 

 

Food & Staples Retailing—0.5%

  

Harris Teeter Supermarkets, Inc.

    27,553        1,355,332   

SUPERVALU, Inc. (a) (b)

    109,435        900,650   

United Natural Foods, Inc. (a)

    27,475        1,846,870   
   

 

 

 
      4,102,852   
   

 

 

 

Food Products—2.1%

  

Dean Foods Co. (a)

    52,342        1,010,201   

Flowers Foods, Inc.

    97,493        2,090,250   

Green Mountain Coffee Roasters, Inc. (a) (b)

    73,065        5,503,986   

Hillshire Brands Co.

    68,568        2,107,780   

Ingredion, Inc.

    43,199        2,858,478   

Lancaster Colony Corp. (b)

    10,809        846,237   

Post Holdings, Inc. (a)

    18,212        735,218   

Tootsie Roll Industries, Inc. (b)

    11,287        347,865   

WhiteWave Foods Co. - Class A (a)

    96,435        1,925,807   
   

 

 

 
      17,425,822   
   

 

 

 

Gas Utilities—1.3%

  

Atmos Energy Corp.

    50,499        2,150,752   

National Fuel Gas Co. (b)

    46,587        3,203,322   

Questar Corp.

    97,551        2,193,922   

UGI Corp.

    63,568        2,487,416   

WGL Holdings, Inc.

    28,827        1,231,201   
   

 

 

 
      11,266,613   
   

 

 

 

 

MSF-121


Table of Contents

Metropolitan Series Fund

MetLife Mid Cap Stock Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Health Care Equipment & Supplies—2.4%

  

Cooper Cos., Inc. (The)

    27,271      $ 3,536,776   

Hill-Rom Holdings, Inc.

    32,686        1,171,139   

Hologic, Inc. (a)

    150,673        3,111,398   

IDEXX Laboratories, Inc. (a) (b)

    29,274        2,917,154   

Masimo Corp. (b)

    28,631        762,730   

ResMed, Inc. (b)

    79,143        4,180,333   

STERIS Corp.

    32,919        1,414,200   

Teleflex, Inc. (b)

    22,913        1,885,282   

Thoratec Corp. (a)

    32,051        1,195,182   
   

 

 

 
      20,174,194   
   

 

 

 

Health Care Providers & Services—3.1%

  

Community Health Systems, Inc.

    52,816        2,191,864   

Health Management Associates,
Inc. - Class A (a)

    144,975        1,855,680   

Health Net, Inc. (a)

    44,235        1,402,249   

Henry Schein, Inc. (a) (b) (c)

    48,188        4,997,096   

LifePoint Hospitals, Inc. (a)

    26,485        1,234,996   

MEDNAX, Inc. (a)

    28,207        2,831,983   

Omnicare, Inc.

    57,644        3,199,242   

Owens & Minor, Inc. (b)

    35,262        1,219,713   

Universal Health Services, Inc. - Class B

    49,784        3,733,302   

VCA Antech, Inc. (a)

    49,372        1,355,755   

WellCare Health Plans, Inc. (a)

    24,264        1,692,171   
   

 

 

 
      25,714,051   
   

 

 

 

Health Care Technology—0.3%

  

Allscripts Healthcare Solutions, Inc. (a)

    88,292        1,312,902   

HMS Holdings Corp. (a) (b)

    48,920        1,052,269   
   

 

 

 
      2,365,171   
   

 

 

 

Hotels, Restaurants & Leisure—1.7%

  

Bally Technologies, Inc. (a) (b)

    21,667        1,561,324   

Bob Evans Farms, Inc.

    15,197        870,332   

Brinker International, Inc. (b)

    36,896        1,495,395   

Cheesecake Factory, Inc. (The) (b)

    27,636        1,214,602   

Domino’s Pizza, Inc.

    31,006        2,106,858   

International Speedway Corp. - Class A

    15,542        502,007   

Life Time Fitness, Inc. (a) (b)

    21,971        1,130,847   

Panera Bread Co. - Class A (a)

    15,614        2,475,287   

Scientific Games Corp. - Class A (a)

    27,020        436,913   

Wendy’s Co. (The) (b)

    157,770        1,337,890   

WMS Industries, Inc. (a)

    30,571        793,318   
   

 

 

 
      13,924,773   
   

 

 

 

Household Durables—2.1%

  

Jarden Corp. (a)

    65,869        3,188,060   

KB Home (b)

    46,220        832,884   

MDC Holdings, Inc.

    21,781        653,648   

Mohawk Industries, Inc. (a)

    33,937        4,420,294   

NVR, Inc. (a)

    2,376        2,183,995   

Tempur Sealy International, Inc. (a) (b)

    33,678        1,480,485   

Toll Brothers, Inc. (a)

    84,684        2,746,302   

Tupperware Brands Corp. (b)

    28,810        2,488,320   
   

 

 

 
      17,993,988   
   

 

 

 

Household Products—0.9%

  

Church & Dwight Co., Inc.

    77,200      4,635,860   

Energizer Holdings, Inc.

    34,694        3,162,358   
   

 

 

 
      7,798,218   
   

 

 

 

Industrial Conglomerates—0.3%

  

Carlisle Cos., Inc.

    35,546        2,498,528   
   

 

 

 

Insurance—4.6%

  

Alleghany Corp. (a)

    9,375        3,840,469   

American Financial Group, Inc.

    39,654        2,143,695   

Arthur J. Gallagher & Co.

    71,145        3,105,479   

Aspen Insurance Holdings, Ltd.

    37,616        1,365,085   

Brown & Brown, Inc.

    66,197        2,124,924   

Everest Re Group, Ltd.

    27,091        3,939,302   

Fidelity National Financial, Inc. - Class A (b)

    120,342        3,201,097   

First American Financial Corp.

    59,580        1,450,773   

Hanover Insurance Group, Inc. (The)

    24,403        1,349,974   

HCC Insurance Holdings, Inc.

    55,769        2,443,798   

Kemper Corp.

    29,172        980,179   

Mercury General Corp.

    20,209        976,297   

Old Republic International Corp.

    134,613        2,073,040   

Primerica, Inc.

    30,468        1,229,079   

Protective Life Corp.

    43,731        1,860,754   

Reinsurance Group of America, Inc.

    39,548        2,649,320   

StanCorp Financial Group, Inc.

    24,743        1,361,360   

W.R. Berkley Corp.

    61,066        2,617,289   
   

 

 

 
      38,711,914   
   

 

 

 

Internet & Catalog Retail—0.1%

  

HSN, Inc.

    18,680        1,001,622   
   

 

 

 

Internet Software & Services—1.3%

  

AOL, Inc. (a)

    42,774        1,479,125   

Equinix, Inc. (a) (b)

    27,497        5,049,824   

Monster Worldwide, Inc. (a) (b)

    62,975        278,350   

Rackspace Hosting, Inc. (a) (b)

    63,474        3,348,888   

ValueClick, Inc. (a) (b)

    38,911        811,294   
   

 

 

 
      10,967,481   
   

 

 

 

IT Services—3.6%

  

Acxiom Corp. (a)

    41,261        1,171,400   

Alliance Data Systems Corp. (a) (b)

    27,157        5,742,891   

Broadridge Financial Solutions, Inc. (b)

    66,336        2,106,168   

Convergys Corp.

    57,799        1,083,731   

CoreLogic, Inc. (a)

    53,266        1,440,845   

DST Systems, Inc.

    16,782        1,265,531   

Gartner, Inc. (a)

    51,902        3,114,120   

Global Payments, Inc.

    42,108        2,150,877   

Jack Henry & Associates, Inc.

    47,506        2,451,785   

Leidos Holdings, Inc.

    40,576        1,847,020   

Lender Processing Services, Inc.

    47,529        1,581,290   

ManTech International Corp. - Class A (b)

    13,248        381,012   

NeuStar, Inc. - Class A (a)

    35,859        1,774,303   

Science Applications International Corp. (a)

    23,186        782,537   

VeriFone Systems, Inc. (a)

    60,859        1,391,237   

WEX, Inc. (a)

    21,646        1,899,436   
   

 

 

 
      30,184,183   
   

 

 

 

 

MSF-122


Table of Contents

Metropolitan Series Fund

MetLife Mid Cap Stock Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Leisure Equipment & Products—0.5%

  

Polaris Industries, Inc.

    35,678      $ 4,608,884   
   

 

 

 

Life Sciences Tools & Services—1.3%

  

Bio-Rad Laboratories, Inc. - Class A (a)

    11,151        1,310,912   

Charles River Laboratories International, Inc. (a)

    27,334        1,264,471   

Covance, Inc. (a) (c)

    31,144        2,692,710   

Mettler-Toledo International, Inc. (a)

    16,684        4,005,662   

Techne Corp.

    18,475        1,479,108   
   

 

 

 
      10,752,863   
   

 

 

 

Machinery—5.1%

  

AGCO Corp.

    50,438        3,047,464   

CLARCOR, Inc.

    27,800        1,543,734   

Crane Co.

    27,179        1,676,129   

Donaldson Co., Inc.

    75,321        2,871,990   

Graco, Inc.

    34,188        2,531,963   

Harsco Corp.

    44,942        1,119,056   

IDEX Corp.

    45,552        2,972,268   

ITT Corp.

    50,309        1,808,609   

Kennametal, Inc.

    43,372        1,977,763   

Lincoln Electric Holdings, Inc.

    45,799        3,051,129   

Nordson Corp.

    33,635        2,476,545   

Oshkosh Corp. (a)

    48,461        2,373,620   

SPX Corp.

    25,255        2,137,583   

Terex Corp. (a)

    62,009        2,083,502   

Timken Co.

    44,462        2,685,505   

Trinity Industries, Inc. (b)

    43,795        1,986,103   

Valmont Industries, Inc.

    14,916        2,071,982   

Wabtec Corp.

    53,636        3,372,095   

Woodward, Inc.

    33,737        1,377,482   
   

 

 

 
      43,164,522   
   

 

 

 

Marine—0.4%

  

Kirby Corp. (a) (b)

    31,628        2,737,404   

Matson, Inc.

    23,801        624,300   
   

 

 

 
      3,361,704   
   

 

 

 

Media—1.3%

  

AMC Networks, Inc. - Class A (a)

    33,019        2,261,141   

Cinemark Holdings, Inc.

    57,838        1,835,778   

DreamWorks Animation SKG,
Inc. - Class A (a) (b)

    39,672        1,129,065   

John Wiley & Sons, Inc. - Class A (b)

    25,809        1,230,831   

Lamar Advertising Co. - Class A (a)

    36,325        1,708,365   

Meredith Corp. (b)

    20,615        981,686   

New York Times Co. (The) - Class A (a) (b)

    69,942        879,171   

Scholastic Corp. (b)

    14,376        411,872   

Valassis Communications, Inc. (b)

    21,046        607,809   
   

 

 

 
      11,045,718   
   

 

 

 

Metals & Mining—1.5%

  

Carpenter Technology Corp.

    29,461        1,711,979   

Commercial Metals Co.

    65,175        1,104,716   

Compass Minerals International, Inc. (b)

    18,640        1,421,673   

Metals & Mining—(Continued)

  

Reliance Steel & Aluminum Co.

    42,896      3,142,990   

Royal Gold, Inc.

    36,239        1,763,390   

Steel Dynamics, Inc.

    123,012        2,055,530   

Worthington Industries, Inc.

    29,442        1,013,688   
   

 

 

 
      12,213,966   
   

 

 

 

Multi-Utilities—1.0%

  

Alliant Energy Corp.

    61,811        3,062,735   

Black Hills Corp.

    24,802        1,236,628   

MDU Resources Group, Inc.

    105,204        2,942,556   

Vectren Corp.

    45,861        1,529,464   
   

 

 

 
      8,771,383   
   

 

 

 

Multiline Retail—0.3%

  

Big Lots, Inc. (a)

    32,475        1,204,498   

Saks, Inc. (a) (b)

    56,894        906,890   
   

 

 

 
      2,111,388   
   

 

 

 

Office Electronics—0.2%

  

Zebra Technologies Corp. - Class A (a)

    28,285        1,287,816   
   

 

 

 

Oil, Gas & Consumable Fuels—2.4%

  

Alpha Natural Resources, Inc. (a) (b)

    123,401        735,470   

Arch Coal, Inc. (b)

    118,247        485,995   

Bill Barrett Corp. (a) (b)

    27,173        682,314   

Cimarex Energy Co.

    48,194        4,645,902   

Energen Corp.

    40,239        3,073,857   

HollyFrontier Corp.

    111,347        4,688,822   

Rosetta Resources, Inc. (a)

    34,049        1,854,309   

SM Energy Co.

    37,289        2,878,338   

World Fuel Services Corp. (b)

    40,545        1,512,734   
   

 

 

 
      20,557,741   
   

 

 

 

Paper & Forest Products—0.3%

  

Domtar Corp.

    18,187        1,444,412   

Louisiana-Pacific Corp. (a)

    78,172        1,375,045   
   

 

 

 
      2,819,457   
   

 

 

 

Pharmaceuticals—0.8%

  

Endo Health Solutions, Inc. (a)

    63,628        2,891,256   

Mallinckrodt plc (a)

    32,145        1,417,273   

Salix Pharmaceuticals, Ltd. (a)

    34,361        2,298,064   
   

 

 

 
      6,606,593   
   

 

 

 

Professional Services—1.1%

  

Corporate Executive Board Co. (The)

    18,715        1,359,083   

FTI Consulting, Inc. (a)

    22,706        858,287   

Manpowergroup, Inc.

    43,618        3,172,773   

Towers Watson & Co. - Class A

    35,857        3,835,265   
   

 

 

 
      9,225,408   
   

 

 

 

Real Estate Investment Trusts—8.4%

  

Alexandria Real Estate Equities, Inc.

    39,801        2,541,294   

American Campus Communities, Inc.

    58,377        1,993,575   

 

MSF-123


Table of Contents

Metropolitan Series Fund

MetLife Mid Cap Stock Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Real Estate Investment Trusts—(Continued)

  

BioMed Realty Trust, Inc.

    107,042      $ 1,989,911   

BRE Properties, Inc.

    42,991        2,182,223   

Camden Property Trust

    47,502        2,918,523   

Corporate Office Properties Trust

    48,669        1,124,254   

Corrections Corp. of America

    64,461        2,227,128   

Duke Realty Corp.

    181,088        2,795,999   

Equity One, Inc.

    35,241        770,368   

Essex Property Trust, Inc.

    21,190        3,129,763   

Extra Space Storage, Inc.

    59,102        2,703,916   

Federal Realty Investment Trust

    36,601        3,713,171   

Highwoods Properties, Inc.

    50,056        1,767,477   

Home Properties, Inc. (b)

    31,682        1,829,635   

Hospitality Properties Trust

    77,858        2,203,381   

Kilroy Realty Corp. (b)

    45,246        2,260,038   

Liberty Property Trust

    79,599        2,833,724   

Mack-Cali Realty Corp.

    49,033        1,075,784   

National Retail Properties, Inc.

    67,519        2,148,455   

Omega Healthcare Investors, Inc.

    65,271        1,949,645   

Potlatch Corp.

    22,580        895,974   

Rayonier, Inc.

    70,266        3,910,303   

Realty Income Corp. (b)

    109,292        4,344,357   

Regency Centers Corp.

    51,419        2,486,109   

Senior Housing Properties Trust

    104,789        2,445,775   

SL Green Realty Corp.

    51,244        4,552,517   

Taubman Centers, Inc.

    35,567        2,394,015   

UDR, Inc.

    139,697        3,310,819   

Weingarten Realty Investors (b)

    62,498        1,833,066   
   

 

 

 
      70,331,199   
   

 

 

 

Real Estate Management & Development—0.4%

  

Alexander & Baldwin, Inc. (a)

    24,006        864,696   

Jones Lang LaSalle, Inc.

    24,756        2,161,199   
   

 

 

 
      3,025,895   
   

 

 

 

Road & Rail—1.1%

  

Con-way, Inc.

    31,475        1,356,257   

Genesee & Wyoming, Inc. - Class A (a)

    23,802        2,212,872   

J.B. Hunt Transport Services, Inc.

    50,873        3,710,168   

Landstar System, Inc.

    25,461        1,425,307   

Werner Enterprises, Inc. (b)

    25,524        595,475   
   

 

 

 
      9,300,079   
   

 

 

 

Semiconductors & Semiconductor Equipment—2.1%

  

Advanced Micro Devices, Inc. (a)

    340,974        1,295,701   

Atmel Corp. (a) (c)

    238,218        1,772,342   

Cree, Inc. (a) (b)

    66,915        4,027,614   

Cypress Semiconductor Corp. (a) (b)

    76,508        714,585   

Fairchild Semiconductor International, Inc. (a)

    71,092        987,468   

Integrated Device Technology, Inc. (a)

    75,986        715,788   

International Rectifier Corp. (a)

    39,436        976,829   

Intersil Corp. - Class A

    70,924        796,476   

RF Micro Devices, Inc. (a)

    156,728        883,946   

Semtech Corp. (a)

    37,914        1,137,041   

Silicon Laboratories, Inc. (a)

    21,894        935,093   

Skyworks Solutions, Inc. (a)

    104,595        2,598,140   

SunEdison, Inc. (a)

    134,271        1,070,140   
   

 

 

 
      17,911,163   
   

 

 

 

Software—4.3%

  

ACI Worldwide, Inc. (a)

    22,031      1,190,996   

Advent Software, Inc. (b)

    22,999        730,218   

ANSYS, Inc. (a)

    51,500        4,455,780   

Cadence Design Systems, Inc. (a)

    158,193        2,135,606   

CommVault Systems, Inc. (a)

    24,474        2,149,551   

Compuware Corp.

    119,588        1,339,386   

Concur Technologies, Inc. (a) (b)

    26,221        2,897,420   

FactSet Research Systems, Inc. (b)

    22,464        2,450,822   

Fair Isaac Corp.

    19,612        1,084,151   

Informatica Corp. (a)

    60,303        2,350,008   

Mentor Graphics Corp.

    53,646        1,253,707   

MICROS Systems, Inc. (a) (b)

    42,683        2,131,589   

PTC, Inc. (a)

    66,607        1,893,637   

Rovi Corp. (a)

    56,617        1,085,348   

SolarWinds, Inc. (a)

    36,553        1,281,548   

Solera Holdings, Inc.

    38,334        2,026,719   

Synopsys, Inc. (a)

    86,026        3,243,180   

TIBCO Software, Inc. (a)

    85,108        2,177,914   
   

 

 

 
      35,877,580   
   

 

 

 

Specialty Retail—4.0%

  

Aaron’s, Inc.

    42,334        1,172,652   

Advance Auto Parts, Inc.

    40,580        3,355,154   

Aeropostale, Inc. (a) (b)

    43,727        411,034   

American Eagle Outfitters, Inc.

    94,490        1,321,915   

ANN, Inc. (a)

    25,535        924,878   

Ascena Retail Group, Inc. (a)

    70,947        1,413,974   

Cabela’s, Inc. (a) (b)

    25,949        1,635,565   

Chico’s FAS, Inc.

    89,597        1,492,686   

CST Brands, Inc. (b)

    33,693        1,004,051   

Dick’s Sporting Goods, Inc.

    56,640        3,023,443   

Foot Locker, Inc.

    82,732        2,807,924   

Guess?, Inc. (b)

    33,107        988,244   

Murphy USA, Inc. (a)

    24,731        998,885   

Office Depot, Inc. (a)

    133,542        645,008   

Rent-A-Center, Inc. (b)

    29,744        1,133,246   

Signet Jewelers, Ltd.

    44,866        3,214,649   

Tractor Supply Co.

    77,786        5,224,886   

Williams-Sonoma, Inc.

    49,588        2,786,846   
   

 

 

 
      33,555,040   
   

 

 

 

Textiles, Apparel & Luxury Goods—1.3%

  

Carter’s, Inc. (b)

    33,003        2,504,598   

Deckers Outdoor Corp. (a) (b)

    19,217        1,266,785   

Hanesbrands, Inc.

    55,158        3,436,895   

Under Armour, Inc. - Class A (a) (b)

    44,665        3,548,634   
   

 

 

 
      10,756,912   
   

 

 

 

Thrifts & Mortgage Finance—0.7%

  

Astoria Financial Corp.

    46,604        579,754   

New York Community Bancorp, Inc. (b)

    245,626        3,711,409   

Washington Federal, Inc.

    57,665        1,192,512   
   

 

 

 
      5,483,675   
   

 

 

 

Tobacco—0.1%

  

Universal Corp. (b)

    12,921        658,067   
   

 

 

 

 

MSF-124


Table of Contents

Metropolitan Series Fund

MetLife Mid Cap Stock Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares/Principal
Amount*
    Value  

Trading Companies & Distributors—0.9%

  

GATX Corp.

    25,739      $ 1,223,117   

MSC Industrial Direct Co., Inc. - Class A

    26,841        2,183,515   

United Rentals, Inc. (a) (b)

    51,972        3,029,448   

Watsco, Inc.

    15,002        1,414,239   
   

 

 

 
      7,850,319   
   

 

 

 

Water Utilities—0.3%

  

Aqua America, Inc. (b)

    98,313        2,431,287   
   

 

 

 

Wireless Telecommunication Services—0.2%

  

Telephone & Data Systems, Inc.

    54,901        1,622,325   
   

 

 

 

Total Common Stocks
(Cost $561,013,862)

      787,220,402   
   

 

 

 
Investment Company Security—4.0%           

Exchange-Traded Fund—4.0%

   

SPDR S&P MidCap 400 ETF Trust
(Cost $31,646,388)

    148,200        33,542,106   
   

 

 

 
Short-Term Investments—18.7%   

Discount Notes—2.6%

   

Federal Home Loan Bank

   

0.030%, 12/19/13 (d)

    600,000        599,960   

0.030%, 02/26/14 (d)

    475,000        474,941   

0.051%, 02/26/14 (d)

    500,000        499,897   

0.071%, 01/22/14 (d)

    325,000        324,929   

0.076%, 02/26/14 (d)

    200,000        199,938   

Federal Home Loan Mortgage Corp.

   

0.025%, 11/12/13 (d)

    100,000        99,997   

0.025%, 12/17/13 (d)

    2,375,000        2,374,873   

0.041%, 10/28/13 (d)

    450,000        449,987   

0.076%, 10/22/13 (d)

    600,000        599,974   

0.076%, 10/28/13 (d)

    375,000        374,979   

0.086%, 10/28/13 (d)

    750,000        749,952   

0.091%, 10/22/13 (d)

    1,975,000        1,974,896   

0.091%, 10/28/13 (d)

    4,850,000        4,849,673   

0.091%, 11/12/13 (d)

    2,400,000        2,399,748   

0.096%, 10/28/13 (d)

    1,075,000        1,074,923   

0.117%, 10/28/13 (d)

    200,000        199,983   

Federal National Mortgage Association

   

0.041%, 01/22/14 (d)

    300,000        299,962   

0.061%, 10/09/13 (d)

    1,075,000        1,074,986   

0.066%, 02/24/14 (d)

    750,000        749,802   

0.086%, 01/15/14 (d)

    125,000        124,969   

0.086%, 01/22/14 (d)

    1,975,000        1,974,473   

0.091%, 01/15/14 (d)

    725,000        724,808   
   

 

 

 
      22,197,650   
   

 

 

 
Short-Term Investments—(Continued)   
Security Description   Shares/Principal
Amount*
    Value  

Mutual Fund—16.0%

   

State Street Navigator Securities Lending MET Portfolio (e)

    135,248,310      135,248,310   
   

 

 

 

U.S. Treasury—0.1%

   

U.S. Treasury Bills

   

0.000%, 10/10/13 (d)

    125,000        125,000   

0.007%, 10/10/13 (d)

    725,000        724,999   
   

 

 

 
      849,999   
   

 

 

 

Total Short-Term Investments
(Cost $158,295,959)

      158,295,959   
   

 

 

 

Total Investments—116.2%
(Cost $750,956,209) (f)

      979,058,467   

Other assets and liabilities
(net)—(16.2)%

      (136,764,203
   

 

 

 
Net Assets—100.0%     $ 842,294,264   
   

 

 

 

 

* Principal amount stated in U.S. dollars unless otherwise noted.
(a) Non-income producing security.
(b) All or a portion of the security was held on loan. As of September 30, 2013, the market value of securities loaned was $130,085,514 and the collateral received consisted of cash in the amount of $135,248,310 and non-cash collateral with a value of $750,605. The cash collateral is invested in a money market fund managed by an affiliate of the custodian. The non-cash collateral received consists primarily of government securities and bank letters of credit, and is held for the benefit of the Portfolio at the Portfolio’s custodian. The Portfolio cannot repledge or resell this collateral.
(c) All or a portion of the security was pledged as collateral against open futures contracts. As of September 30, 2013, the market value of securities pledged was $4,533,720.
(d) The rate shown represents the discount rate at the time of purchase by the Portfolio.
(e) Represents investment of cash collateral received from securities lending transactions.
(f) As of September 30, 2013, the aggregate cost of investments was $750,956,209. The aggregate unrealized appreciation and depreciation of investments were $257,345,201 and $(29,242,943), respectively, resulting in net unrealized appreciation of $228,102,258.
(ETF)— Exchange-Traded Fund

 

MSF-125


Table of Contents

Metropolitan Series Fund

MetLife Mid Cap Stock Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

 

Futures Contracts   

Futures Contracts—Long

   Expiration
Date
     Number of
Contracts
     Notional
Amount
     Unrealized
Appreciation
 

S&P Midcap 400 E-Mini Index Futures

     12/20/13         170         USD   20,847,336       $ 242,864   
           

 

 

 

 

(USD)— United States Dollar

Fair Value Hierarchy

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to the Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1      Level 2     Level 3      Total  

Total Common Stocks*

   $ 787,220,402       $ —        $ —         $ 787,220,402   

Total Investment Company Security*

     33,542,106         —          —           33,542,106   
Short-Term Investments           

Discount Notes

     —           22,197,650        —           22,197,650   

Mutual Fund

     135,248,310         —          —           135,248,310   

U.S. Treasury

     —           849,999        —           849,999   

Total Short-Term Investments

     135,248,310         23,047,649        —           158,295,959   

Total Investments

   $ 956,010,818       $ 23,047,649      $ —         $ 979,058,467   
                                    

Collateral for securities loaned (Liability)

   $ —         $ (135,248,310   $ —         $ (135,248,310
Futures Contracts           

Futures Contracts (Unrealized Appreciation)

   $ 242,864       $ —        $ —         $ 242,864   

 

* See Schedule of Investments for additional detailed categorizations.

 

MSF-126


Table of Contents

Metropolitan Series Fund

MetLife Moderate Allocation Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Mutual Funds—100.0% of Net Assets

 

Security Description   Shares     Value  

Affiliated Investment Companies—100.0%

  

Baillie Gifford International Stock Portfolio,
(Class A) (a)

    16,828,595      $ 168,622,526   

BlackRock Bond Income Portfolio, (Class A) (a)

    3,190,198        341,542,621   

BlackRock Capital Appreciation Portfolio,
(Class A) (a)

    3,444,226        116,104,857   

BlackRock High Yield Portfolio, (Class A) (b)

    3,804,593        32,529,273   

BlackRock Large Cap Value Portfolio,
(Class A) (a)

    20,351,946        222,650,285   

Clarion Global Real Estate Portfolio, (Class A) (b)

    9,407,201        104,231,785   

ClearBridge Aggressive Growth Portfolio,
(Class A) (b)

    9,330,826        114,675,855   

Davis Venture Value Portfolio, (Class A) (a)

    7,178,805        279,686,235   

Goldman Sachs Mid Cap Value Portfolio,
(Class A) (b)

    3,431,039        56,509,204   

Harris Oakmark International Portfolio,
(Class A) (b)

    9,605,974        175,309,026   

Invesco Comstock Portfolio, (Class A) (b)

    17,734,370        233,384,304   

Invesco Small Cap Growth Portfolio,
(Class A) (b)

    7,729,781        144,624,208   

Janus Forty Portfolio, (Class A) (b)

    1,611,487        147,144,863   

Jennison Growth Portfolio, (Class A) (a)

    12,396,204        175,158,359   

JPMorgan Core Bond Portfolio, (Class A) (b)

    23,137,571        236,003,220   

JPMorgan Small Cap Value Portfolio,
(Class A) (b)

    3,055,920        56,106,693   

Loomis Sayles Small Cap Growth Portfolio,
(Class A) (a) (c)

    3,751,259        58,669,697   

Lord Abbett Bond Debenture Portfolio,
(Class A) (b)

    2,909,511        38,085,496   

Met/Artisan Mid Cap Value Portfolio,
(Class A) (a)

    228,016        57,013,153   

Met/Dimensional International Small Company Portfolio, (Class A) (a)

    3,725,887        58,719,976   

Met/Eaton Vance Floating Rate Portfolio,
(Class A) (b)

    10,002,316        104,924,292   

Met/Franklin Low Duration Total Return Portfolio, (Class A) (b)

    15,693,872        156,938,717   

Met/Templeton International Bond Portfolio, (Class A) (b)

    13,566,567        155,744,186   

MFS Emerging Markets Equity Portfolio, (Class A) (b)

    9,146,869        93,938,341   

Affiliated Investment Companies—(Continued)

  

MFS Research International Portfolio,
(Class A) (b)

    11,267,222      129,798,395   

MFS Value Portfolio, (Class A) (a)

    17,483,045        280,952,538   

Neuberger Berman Genesis Portfolio,
(Class A) (a)

    5,251,498        87,227,388   

PIMCO Inflation Protected Bond Portfolio, (Class A) (b)

    15,459,931        157,072,903   

PIMCO Total Return Portfolio, (Class A) (b)

    40,377,355        479,279,198   

T. Rowe Price Large Cap Growth Portfolio, (Class A) (a)

    8,016,053        175,711,874   

T. Rowe Price Large Cap Value Portfolio, (Class A) (b)

    8,025,971        234,759,645   

T. Rowe Price Mid Cap Growth Portfolio, (Class A) (b)

    5,075,160        57,806,078   

T. Rowe Price Small Cap Growth Portfolio, (Class A) (a)

    1,343,917        29,216,757   

Third Avenue Small Cap Value Portfolio, (Class A) (b)

    7,432,470        143,075,038   

Van Eck Global Natural Resources Portfolio, (Class A) (a)

    8,026,858        110,048,224   

Western Asset Management Strategic Bond Opportunities Portfolio, (Class A) (a)

    2,775,718        36,750,509   

Western Asset Management U.S. Government Portfolio, (Class A) (a)

    21,820,228        262,279,142   
   

 

 

 

Total Mutual Funds
(Identified Cost $4,789,480,901)

      5,512,294,861   
   

 

 

 

Total Investments—100.0%
(Identified Cost $4,789,480,901) (d)

      5,512,294,861   

Liabilities in excess of other assets

      (1,384,118
   

 

 

 
Net Assets—100.0%     $ 5,510,910,743   
   

 

 

 

 

(a) A Portfolio of Metropolitan Series Fund.
(b) A Portfolio of Met Investors Series Trust.
(c) Non-Income Producing.
(d) As of September 30, 2013, the aggregate cost of investments was $4,789,480,901. The aggregate unrealized appreciation and depreciation of investments was $756,793,550 and $(33,979,590), respectively, resulting in net unrealized appreciation of $722,813,960.

 

MSF-127


Table of Contents

Metropolitan Series Fund

MetLife Moderate Allocation Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Fair Value Hierarchy

 

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive if it were to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. GAAP establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1      Level 2      Level 3      Total  
Mutual Funds            

Affiliated Investment Companies

   $ 5,512,294,861       $ —         $ —         $ 5,512,294,861   

Total Investments

   $ 5,512,294,861       $ —         $ —         $ 5,512,294,861   
                                     

 

MSF-128


Table of Contents

Metropolitan Series Fund

MetLife Moderate to Aggressive Allocation Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Mutual Funds—100.0% of Net Assets

 

Security Description   Shares     Value  

Affiliated Investment Companies—100.0%

  

Baillie Gifford International Stock Portfolio, (Class A) (a)

    12,911,872      $ 129,376,956   

BlackRock Bond Income Portfolio, (Class A) (a)

    857,870        91,843,594   

BlackRock Capital Appreciation Portfolio, (Class A) (a)

    2,959,380        99,760,701   

BlackRock Large Cap Value Portfolio, (Class A) (a)

    11,735,026        128,381,186   

Clarion Global Real Estate Portfolio, (Class A) (b)

    8,077,876        89,502,868   

ClearBridge Aggressive Growth Portfolio, (Class A) (b)

    10,765,208        132,304,401   

Davis Venture Value Portfolio, (Class A) (a)

    3,733,503        145,457,264   

Frontier Mid Cap Growth Portfolio, (Class A) (a)

    478,198        16,277,849   

Goldman Sachs Mid Cap Value Portfolio, (Class A) (b)

    3,962,885        65,268,713   

Harris Oakmark International Portfolio, (Class A) (b)

    7,271,509        132,705,036   

Invesco Comstock Portfolio, (Class A) (b)

    12,205,275        160,621,425   

Invesco Small Cap Growth Portfolio, (Class A) (b)

    6,220,490        116,385,368   

Janus Forty Portfolio, (Class A) (b)

    1,083,681        98,950,880   

Jennison Growth Portfolio, (Class A) (a)

    11,766,063        166,254,469   

JPMorgan Core Bond Portfolio, (Class A) (b)

    5,989,879        61,096,765   

JPMorgan Small Cap Value Portfolio, (Class A) (b)

    3,567,017        65,490,431   

Loomis Sayles Small Cap Growth Portfolio, (Class A) (a) (c)

    4,277,901        66,906,379   

Lord Abbett Bond Debenture Portfolio, (Class A) (b)

    3,496,410        45,768,009   

Met/Artisan Mid Cap Value Portfolio, (Class A) (a)

    131,400        32,855,350   

Met/Dimensional International Small Company Portfolio, (Class A) (a)

    4,255,692        67,069,698   

Met/Eaton Vance Floating Rate Portfolio, (Class A) (b)

    2,905,771        30,481,541   

Met/Templeton International Bond Portfolio, (Class A) (b)

    7,910,185        90,808,921   
   

MFS Emerging Markets Equity Portfolio, (Class A) (b)

    9,161,049        94,083,976   

Affiliated Investment Companies—(Continued)

  

MFS Research International Portfolio, (Class A) (b)

    8,534,379      98,316,046   

MFS Value Portfolio, (Class A) (a)

    12,108,289        194,580,212   

Morgan Stanley Mid Cap Growth Portfolio, (Class A) (b)

    2,221,209        33,362,555   

Neuberger Berman Genesis Portfolio, (Class A) (a)

    2,009,997        33,386,056   

PIMCO Inflation Protected Bond Portfolio, (Class A) (b)

    5,998,658        60,946,361   

PIMCO Total Return Portfolio, (Class A) (b)

    12,894,129        153,053,313   

T. Rowe Price Large Cap Growth Portfolio, (Class A) (a)

    6,104,483        133,810,260   

T. Rowe Price Large Cap Value Portfolio, (Class A) (b)

    5,521,906        161,515,744   

T. Rowe Price Mid Cap Growth Portfolio, (Class A) (b)

    2,908,263        33,125,117   

T. Rowe Price Small Cap Growth Portfolio, (Class A) (a)

    768,119        16,698,911   

Third Avenue Small Cap Value Portfolio, (Class A) (b)

    3,428,868        66,005,707   

Van Eck Global Natural Resources Portfolio, (Class A) (a)

    7,035,055        96,450,606   

Western Asset Management Strategic Bond Opportunities Portfolio, (Class A) (a)

    1,145,444        15,165,685   
   

 

 

 

Total Mutual Funds
(Identified Cost $2,564,706,772)

      3,224,068,353   
   

 

 

 

Total Investments—100.0%
(Identified Cost $2,564,706,772) (d)

      3,224,068,353   

Liabilities in excess of other assets

      (819,529
   

 

 

 
Net Assets—100.0%     $ 3,223,248,824   
   

 

 

 

 

(a) A Portfolio of Metropolitan Series Fund.
(b) A Portfolio of Met Investors Series Trust.
(c) Non-Income Producing.
(d) As of September 30, 2013, the aggregate cost of investments was $2,564,706,772. The aggregate unrealized appreciation and depreciation of investments was $668,929,011 and $(9,567,430), respectively, resulting in net unrealized appreciation of $659,361,581.

 

MSF-129


Table of Contents

Metropolitan Series Fund

MetLife Moderate to Aggressive Allocation Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Fair Value Hierarchy

 

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive if it were to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. GAAP establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1      Level 2      Level 3      Total  
Mutual Funds            

Affiliated Investment Companies

   $ 3,224,068,353       $ —         $ —         $ 3,224,068,353   

Total Investments

   $ 3,224,068,353       $ —         $ —         $ 3,224,068,353   
                                     

 

MSF-130


Table of Contents

Metropolitan Series Fund

MetLife Stock Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—99.2% of Net Assets

 

Security Description   Shares     Value  

Aerospace & Defense—2.7%

  

Boeing Co. (The)

    272,829      $ 32,057,408   

General Dynamics Corp.

    130,648        11,434,313   

Honeywell International, Inc.

    308,502        25,618,006   

L-3 Communications Holdings, Inc.

    35,214        3,327,723   

Lockheed Martin Corp.

    105,968        13,516,218   

Northrop Grumman Corp.

    90,472        8,618,363   

Precision Castparts Corp.

    57,206        12,999,492   

Raytheon Co.

    126,763        9,769,624   

Rockwell Collins, Inc.

    53,069        3,601,262   

Textron, Inc.

    110,259        3,044,251   

United Technologies Corp.

    331,798        35,774,460   
   

 

 

 
      159,761,120   
   

 

 

 

Air Freight & Logistics—0.8%

  

C.H. Robinson Worldwide, Inc. (a)

    62,655        3,731,732   

Expeditors International of Washington, Inc.

    81,131        3,574,632   

FedEx Corp.

    116,802        13,328,276   

United Parcel Service, Inc. - Class B

    283,986        25,947,801   
   

 

 

 
      46,582,441   
   

 

 

 

Airlines—0.2%

  

Delta Air Lines, Inc.

    337,239        7,955,468   

Southwest Airlines Co.

    277,595        4,041,783   
   

 

 

 
      11,997,251   
   

 

 

 

Auto Components—0.4%

  

BorgWarner, Inc.

    44,998        4,562,347   

Delphi Automotive plc

    110,958        6,482,166   

Goodyear Tire & Rubber Co. (The) (b)

    96,688        2,170,646   

Johnson Controls, Inc.

    268,925        11,160,388   
   

 

 

 
      24,375,547   
   

 

 

 

Automobiles—0.8%

  

Ford Motor Co.

    1,548,585        26,124,629   

General Motors Co. (b)

    369,967        13,307,713   

Harley-Davidson, Inc.

    87,681        5,632,627   
   

 

 

 
      45,064,969   
   

 

 

 

Beverages—2.2%

  

Beam, Inc.

    63,645        4,114,649   

Brown-Forman Corp. - Class B

    63,871        4,351,531   

Coca-Cola Co. (The)

    1,498,603        56,767,082   

Coca-Cola Enterprises, Inc.

    97,728        3,929,643   

Constellation Brands, Inc. - Class A (b)

    65,189        3,741,849   

Dr. Pepper Snapple Group, Inc.

    80,017        3,586,362   

Molson Coors Brewing Co. - Class B

    62,012        3,108,661   

Monster Beverage Corp. (b)

    53,300        2,784,925   

PepsiCo, Inc.

    606,206        48,193,377   
   

 

 

 
      130,578,079   
   

 

 

 

Biotechnology—2.4%

  

Alexion Pharmaceuticals, Inc. (b)

    76,869        8,929,103   

Amgen, Inc.

    296,126        33,148,344   

Biogen Idec, Inc. (b)

    93,423        22,492,521   

Biotechnology—(Continued)

  

Celgene Corp. (b)

    161,663      24,884,786   

Gilead Sciences, Inc. (b)

    601,651        37,807,749   

Regeneron Pharmaceuticals, Inc. (b)

    30,665        9,594,159   

Vertex Pharmaceuticals, Inc. (b)

    91,513        6,938,516   
   

 

 

 
      143,795,178   
   

 

 

 

Building Products—0.1%

  

Masco Corp.

    140,304        2,985,669   
   

 

 

 

Capital Markets—2.1%

  

Ameriprise Financial, Inc.

    77,770        7,083,292   

Bank of New York Mellon Corp. (The)

    452,223        13,652,612   

BlackRock, Inc.

    49,505        13,397,043   

Charles Schwab Corp. (The)

    454,559        9,609,377   

E*Trade Financial Corp. (b)

    112,838        1,861,827   

Franklin Resources, Inc.

    159,796        8,077,688   

Goldman Sachs Group, Inc. (The)

    164,175        25,974,127   

Invesco, Ltd.

    174,059        5,552,482   

Legg Mason, Inc. (a)

    42,676        1,427,086   

Morgan Stanley

    546,595        14,730,735   

Northern Trust Corp.

    88,728        4,825,916   

State Street Corp.

    175,300        11,525,975   

T. Rowe Price Group, Inc.

    102,252        7,354,986   
   

 

 

 
      125,073,146   
   

 

 

 

Chemicals—2.6%

  

Air Products & Chemicals, Inc.

    82,407        8,782,114   

Airgas, Inc.

    26,003        2,757,618   

CF Industries Holdings, Inc.

    22,517        4,747,259   

Dow Chemical Co. (The)

    475,704        18,267,034   

E.I. du Pont de Nemours & Co.

    362,979        21,256,050   

Eastman Chemical Co.

    60,627        4,722,843   

Ecolab, Inc.

    106,615        10,529,297   

FMC Corp.

    53,600        3,844,192   

International Flavors & Fragrances, Inc.

    32,128        2,644,134   

LyondellBasell Industries NV - Class A

    176,112        12,896,682   

Monsanto Co.

    209,552        21,870,942   

Mosaic Co. (The)

    133,903        5,760,507   

PPG Industries, Inc.

    56,174        9,384,429   

Praxair, Inc.

    115,896        13,931,858   

Sherwin-Williams Co. (The)

    34,308        6,250,232   

Sigma-Aldrich Corp. (a)

    47,263        4,031,534   
   

 

 

 
      151,676,725   
   

 

 

 

Commercial Banks—2.8%

  

BB&T Corp.

    276,673        9,337,714   

Comerica, Inc.

    72,703        2,857,955   

Fifth Third Bancorp

    348,652        6,289,682   

Huntington Bancshares, Inc.

    326,124        2,693,784   

KeyCorp

    358,230        4,083,822   

M&T Bank Corp.

    51,114        5,720,679   

PNC Financial Services Group, Inc. (The)

    208,924        15,136,544   

Regions Financial Corp.

    548,670        5,080,684   

SunTrust Banks, Inc.

    211,851        6,868,209   

U.S. Bancorp

    722,969        26,446,206   

 

MSF-131


Table of Contents

Metropolitan Series Fund

MetLife Stock Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Commercial Banks—(Continued)

  

Wells Fargo & Co.

    1,899,299      $ 78,479,035   

Zions Bancorporation

    72,530        1,988,773   
   

 

 

 
      164,983,087   
   

 

 

 

Commercial Services & Supplies—0.5%

  

ADT Corp. (The) (b)

    78,612        3,196,364   

Cintas Corp. (a)

    40,388        2,067,866   

Iron Mountain, Inc.

    66,857        1,806,476   

Pitney Bowes, Inc. (a)

    79,327        1,442,958   

Republic Services, Inc.

    106,726        3,560,379   

Stericycle, Inc. (b)

    33,762        3,896,135   

Tyco International, Ltd.

    181,716        6,356,426   

Waste Management, Inc.

    171,365        7,067,092   
   

 

 

 
      29,393,696   
   

 

 

 

Communications Equipment—1.9%

  

Cisco Systems, Inc.

    2,107,491        49,357,439   

F5 Networks, Inc. (b)

    30,779        2,639,607   

Harris Corp.

    42,034        2,492,616   

JDS Uniphase Corp. (b)

    93,368        1,373,443   

Juniper Networks, Inc. (b)

    199,225        3,956,609   

Motorola Solutions, Inc.

    93,006        5,522,696   

QUALCOMM, Inc.

    674,291        45,420,242   
   

 

 

 
      110,762,652   
   

 

 

 

Computers & Peripherals—4.0%

  

Apple, Inc. (c)

    357,108        170,251,239   

Dell, Inc.

    576,902        7,943,941   

EMC Corp.

    817,931        20,906,316   

Hewlett-Packard Co.

    755,420        15,848,712   

NetApp, Inc.

    133,682        5,697,527   

SanDisk Corp.

    94,491        5,623,159   

Seagate Technology plc

    122,022        5,337,242   

Western Digital Corp.

    82,910        5,256,494   
   

 

 

 
      236,864,630   
   

 

 

 

Construction & Engineering—0.2%

  

Fluor Corp.

    64,084        4,547,400   

Jacobs Engineering Group, Inc. (b)

    51,676        3,006,510   

Quanta Services, Inc. (b)

    84,015        2,311,253   
   

 

 

 
      9,865,163   
   

 

 

 

Construction Materials—0.0%

  

Vulcan Materials Co.

    51,085        2,646,714   
   

 

 

 

Consumer Finance—1.0%

  

American Express Co.

    364,704        27,542,446   

Capital One Financial Corp.

    230,083        15,815,905   

Discover Financial Services

    190,165        9,610,939   

SLM Corp.

    171,454        4,269,205   
   

 

 

 
      57,238,495   
   

 

 

 

Containers & Packaging—0.2%

  

Avery Dennison Corp.

    38,553        1,677,826   

Containers & Packaging—(Continued)

  

Ball Corp.

    57,034      2,559,686   

Bemis Co., Inc. (a)

    40,456        1,578,189   

MeadWestvaco Corp.

    69,787        2,678,425   

Owens-Illinois, Inc. (b)

    64,605        1,939,442   

Sealed Air Corp.

    77,000        2,093,630   
   

 

 

 
      12,527,198   
   

 

 

 

Distributors—0.1%

  

Genuine Parts Co. (a)

    60,871        4,923,855   
   

 

 

 

Diversified Consumer Services—0.0%

  

H&R Block, Inc.

    107,649        2,869,922   
   

 

 

 

Diversified Financial Services—5.2%

  

Bank of America Corp.

    4,222,854        58,275,385   

Berkshire Hathaway, Inc. - Class B (b)

    707,505        80,308,892   

Citigroup, Inc.

    1,195,351        57,986,477   

CME Group, Inc.

    123,519        9,125,584   

IntercontinentalExchange, Inc. (a) (b)

    28,633        5,194,599   

JPMorgan Chase & Co.

    1,479,612        76,481,144   

Leucadia National Corp.

    123,192        3,355,750   

McGraw Hill Financial, Inc.

    108,174        7,095,133   

Moody’s Corp.

    76,238        5,361,818   

NASDAQ OMX Group, Inc. (The)

    45,384        1,456,373   

NYSE Euronext

    95,517        4,009,804   
   

 

 

 
      308,650,959   
   

 

 

 

Diversified Telecommunication Services—2.3%

  

AT&T, Inc.

    2,087,621        70,603,342   

CenturyLink, Inc. (a)

    236,110        7,409,132   

Frontier Communications Corp. (a)

    392,966        1,638,668   

Verizon Communications, Inc.

    1,124,841        52,485,081   

Windstream Holdings, Inc. (a)

    233,019        1,864,152   
   

 

 

 
      134,000,375   
   

 

 

 

Electric Utilities—1.7%

  

American Electric Power Co., Inc.

    191,338        8,294,502   

Duke Energy Corp.

    277,474        18,529,714   

Edison International

    128,068        5,898,812   

Entergy Corp.

    70,078        4,428,229   

Exelon Corp.

    336,693        9,979,581   

FirstEnergy Corp.

    164,390        5,992,015   

NextEra Energy, Inc.

    166,924        13,380,628   

Northeast Utilities

    123,721        5,103,491   

Pepco Holdings, Inc. (a)

    97,918        1,807,566   

Pinnacle West Capital Corp.

    43,237        2,366,793   

PPL Corp.

    248,305        7,543,506   

Southern Co. (The)

    343,509        14,145,701   

Xcel Energy, Inc.

    195,582        5,400,019   
   

 

 

 
      102,870,557   
   

 

 

 

Electrical Equipment—0.8%

  

AMETEK, Inc.

    95,998        4,417,828   

Eaton Corp. plc

    186,278        12,823,377   

Emerson Electric Co.

    280,864        18,171,901   

 

MSF-132


Table of Contents

Metropolitan Series Fund

MetLife Stock Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Electrical Equipment—(Continued)

  

Rockwell Automation, Inc.

    54,507      $ 5,828,979   

Roper Industries, Inc.

    38,987        5,180,203   
   

 

 

 
      46,422,288   
   

 

 

 

Electronic Equipment, Instruments & Components—0.5%

  

Amphenol Corp. - Class A

    62,561        4,840,970   

Corning, Inc.

    574,048        8,375,360   

FLIR Systems, Inc.

    55,846        1,753,565   

Jabil Circuit, Inc.

    72,490        1,571,583   

Molex, Inc.

    53,927        2,077,268   

TE Connectivity, Ltd.

    162,551        8,416,891   
   

 

 

 
      27,035,637   
   

 

 

 

Energy Equipment & Services—1.9%

  

Baker Hughes, Inc.

    174,149        8,550,716   

Cameron International Corp. (b)

    96,743        5,646,889   

Diamond Offshore Drilling, Inc. (a)

    27,325        1,702,894   

Ensco plc - Class A

    91,815        4,935,056   

FMC Technologies, Inc. (b)

    93,123        5,160,877   

Halliburton Co.

    332,376        16,003,904   

Helmerich & Payne, Inc. (a)

    41,858        2,886,109   

Nabors Industries, Ltd.

    102,059        1,639,067   

National Oilwell Varco, Inc.

    168,047        13,126,151   

Noble Corp.

    99,593        3,761,628   

Rowan Cos. plc - Class A (b)

    48,824        1,792,817   

Schlumberger, Ltd.

    520,110        45,956,920   
   

 

 

 
      111,163,028   
   

 

 

 

Food & Staples Retailing—2.4%

  

Costco Wholesale Corp.

    171,650        19,760,348   

CVS Caremark Corp.

    482,841        27,401,227   

Kroger Co. (The)

    203,708        8,217,581   

Safeway, Inc. (a)

    94,848        3,034,188   

Sysco Corp. (a)

    231,264        7,361,133   

Wal-Mart Stores, Inc.

    639,819        47,321,013   

Walgreen Co.

    341,741        18,385,666   

Whole Foods Market, Inc.

    146,425        8,565,862   
   

 

 

 
      140,047,018   
   

 

 

 

Food Products—1.6%

  

Archer-Daniels-Midland Co.

    259,109        9,545,576   

Campbell Soup Co. (a)

    70,161        2,856,254   

ConAgra Foods, Inc.

    165,907        5,033,618   

General Mills, Inc.

    252,267        12,088,635   

Hershey Co. (The)

    58,780        5,437,150   

Hormel Foods Corp.

    52,909        2,228,527   

J.M. Smucker Co. (The)

    41,323        4,340,568   

Kellogg Co.

    101,151        5,940,598   

Kraft Foods Group, Inc.

    234,100        12,276,204   

McCormick & Co., Inc. (a)

    51,880        3,356,636   

Mead Johnson Nutrition Co.

    79,554        5,907,680   

Mondelez International, Inc. - Class A

    699,935        21,991,958   

Tyson Foods, Inc. - Class A

    109,371        3,093,012   
   

 

 

 
      94,096,416   
   

 

 

 

Gas Utilities—0.1%

  

AGL Resources, Inc.

    46,615      2,145,688   

ONEOK, Inc.

    81,052        4,321,693   
   

 

 

 
      6,467,381   
   

 

 

 

Health Care Equipment & Supplies—2.0%

  

Abbott Laboratories

    610,887        20,275,339   

Baxter International, Inc.

    213,356        14,015,356   

Becton Dickinson & Co.

    76,340        7,635,527   

Boston Scientific Corp. (b)

    527,850        6,196,959   

C.R. Bard, Inc.

    31,113        3,584,218   

CareFusion Corp. (b)

    84,266        3,109,415   

Covidien plc

    180,814        11,018,805   

DENTSPLY International, Inc.

    55,929        2,427,878   

Edwards Lifesciences Corp. (b)

    44,132        3,072,911   

Intuitive Surgical, Inc. (b)

    15,609        5,873,198   

Medtronic, Inc.

    392,079        20,878,207   

St. Jude Medical, Inc.

    112,888        6,055,312   

Stryker Corp.

    115,935        7,836,047   

Varian Medical Systems, Inc. (b)

    42,316        3,162,275   

Zimmer Holdings, Inc.

    66,645        5,474,220   
   

 

 

 
      120,615,667   
   

 

 

 

Health Care Providers & Services—2.0%

  

Aetna, Inc.

    146,263        9,363,757   

AmerisourceBergen Corp.

    90,800        5,547,880   

Cardinal Health, Inc.

    133,433        6,958,531   

Cigna Corp.

    111,177        8,545,064   

DaVita HealthCare Partners, Inc. (b)

    69,361        3,946,641   

Express Scripts Holding Co. (b)

    320,041        19,772,133   

Humana, Inc.

    61,502        5,739,982   

Laboratory Corp. of America Holdings (a) (b)

    35,416        3,511,142   

McKesson Corp.

    89,867        11,529,936   

Patterson Cos., Inc.

    32,693        1,314,259   

Quest Diagnostics, Inc. (a)

    59,702        3,688,987   

Tenet Healthcare Corp. (b)

    39,939        1,645,087   

UnitedHealth Group, Inc.

    399,639        28,618,149   

WellPoint, Inc.

    117,514        9,825,345   
   

 

 

 
      120,006,893   
   

 

 

 

Health Care Technology—0.1%

  

Cerner Corp. (b)

    115,985        6,095,012   
   

 

 

 

Hotels, Restaurants & Leisure—1.8%

  

Carnival Corp.

    172,072        5,616,430   

Chipotle Mexican Grill, Inc. (b)

    12,135        5,202,274   

Darden Restaurants, Inc. (a)

    51,214        2,370,696   

International Game Technology

    102,513        1,940,571   

Marriott International, Inc. - Class A

    89,379        3,759,281   

McDonald’s Corp.

    392,936        37,804,373   

Starbucks Corp.

    295,356        22,733,551   

Starwood Hotels & Resorts Worldwide, Inc.

    76,627        5,091,864   

Wyndham Worldwide Corp.

    52,263        3,186,475   

Wynn Resorts, Ltd.

    31,793        5,023,612   

Yum! Brands, Inc.

    175,400        12,521,806   
   

 

 

 
      105,250,933   
   

 

 

 

 

MSF-133


Table of Contents

Metropolitan Series Fund

MetLife Stock Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Household Durables—0.3%

  

DR Horton, Inc. (a)

    111,671      $ 2,169,768   

Garmin, Ltd. (a)

    48,367        2,185,705   

Harman International Industries, Inc.

    26,757        1,772,116   

Leggett & Platt, Inc. (a)

    55,820        1,682,973   

Lennar Corp. - Class A (a)

    65,246        2,309,708   

Newell Rubbermaid, Inc.

    113,205        3,113,137   

PulteGroup, Inc. (a)

    137,385        2,266,853   

Whirlpool Corp.

    31,159        4,562,924   
   

 

 

 
      20,063,184   
   

 

 

 

Household Products—2.0%

  

Clorox Co. (The) (a)

    51,269        4,189,703   

Colgate-Palmolive Co.

    346,414        20,542,350   

Kimberly-Clark Corp.

    150,564        14,186,140   

Procter & Gamble Co. (The)

    1,076,538        81,375,507   
   

 

 

 
      120,293,700   
   

 

 

 

Independent Power Producers & Energy Traders—0.1%

  

AES Corp. (The)

    241,941        3,215,396   

NRG Energy, Inc.

    126,934        3,469,106   
   

 

 

 
      6,684,502   
   

 

 

 

Industrial Conglomerates—2.4%

  

3M Co.

    255,222        30,476,059   

Danaher Corp.

    235,133        16,299,420   

General Electric Co.

    4,002,989        95,631,407   
   

 

 

 
      142,406,886   
   

 

 

 

Insurance—3.0%

  

ACE, Ltd.

    133,692        12,508,223   

Aflac, Inc.

    182,816        11,332,764   

Allstate Corp. (The)

    182,169        9,208,643   

American International Group, Inc.

    580,316        28,220,767   

Aon plc

    120,855        8,996,446   

Assurant, Inc.

    29,468        1,594,219   

Chubb Corp. (The)

    100,437        8,965,007   

Cincinnati Financial Corp.

    57,900        2,730,564   

Genworth Financial, Inc. - Class A (b)

    194,072        2,482,181   

Hartford Financial Services Group, Inc.

    178,862        5,566,185   

Lincoln National Corp. (a)

    103,965        4,365,490   

Loews Corp.

    120,273        5,621,560   

Marsh & McLennan Cos., Inc.

    216,036        9,408,368   

MetLife, Inc. (d)

    440,175        20,666,216   

Principal Financial Group, Inc.

    107,602        4,607,518   

Progressive Corp. (The)

    217,411        5,920,102   

Prudential Financial, Inc.

    182,780        14,253,184   

Torchmark Corp.

    35,999        2,604,528   

Travelers Cos., Inc. (The)

    146,801        12,444,321   

Unum Group

    103,613        3,153,980   

XL Group plc

    112,493        3,467,034   
   

 

 

 
      178,117,300   
   

 

 

 

Internet & Catalog Retail—1.3%

  

Amazon.com, Inc. (b)

    145,468        45,479,115   

Expedia, Inc. (a)

    42,230        2,187,092   

Internet & Catalog Retail—(Continued)

  

Netflix, Inc. (b)

    23,161      7,161,613   

priceline.com, Inc. (b)

    20,245        20,466,683   

TripAdvisor, Inc. (b)

    43,839        3,324,750   
   

 

 

 
      78,619,253   
   

 

 

 

Internet Software & Services—2.4%

  

Akamai Technologies, Inc. (b)

    70,030        3,620,551   

eBay, Inc. (b)

    457,963        25,549,756   

Google, Inc. - Class A (b)

    109,958        96,313,312   

VeriSign, Inc. (a) (b)

    53,051        2,699,765   

Yahoo!, Inc. (b)

    372,988        12,368,282   
   

 

 

 
      140,551,666   
   

 

 

 

IT Services—3.6%

  

Accenture plc - Class A

    253,474        18,665,825   

Automatic Data Processing, Inc.

    189,786        13,736,711   

Cognizant Technology Solutions Corp. - Class A (b)

    118,461        9,728,017   

Computer Sciences Corp.

    58,052        3,003,611   

Fidelity National Information Services, Inc.

    114,820        5,332,241   

Fiserv, Inc. (b)

    51,135        5,167,192   

International Business Machines Corp.

    404,750        74,951,605   

Mastercard, Inc. - Class A

    40,777        27,433,950   

Paychex, Inc. (a)

    127,876        5,196,881   

Teradata Corp. (b)

    64,110        3,554,258   

Total System Services, Inc.

    65,520        1,927,598   

Visa, Inc. - Class A

    202,904        38,774,955   

Western Union Co. (The)

    216,952        4,048,324   
   

 

 

 
      211,521,168   
   

 

 

 

Leisure Equipment & Products—0.1%

  

Hasbro, Inc. (a)

    45,383        2,139,355   

Mattel, Inc.

    135,436        5,669,351   
   

 

 

 
      7,808,706   
   

 

 

 

Life Sciences Tools & Services—0.5%

  

Agilent Technologies, Inc.

    130,026        6,663,833   

Life Technologies Corp. (b)

    67,869        5,078,637   

PerkinElmer, Inc.

    44,032        1,662,208   

Thermo Fisher Scientific, Inc. (a)

    141,710        13,058,577   

Waters Corp. (b)

    33,497        3,557,716   
   

 

 

 
      30,020,971   
   

 

 

 

Machinery—1.8%

  

Caterpillar, Inc.

    250,080        20,849,170   

Cummins, Inc.

    68,444        9,094,154   

Deere & Co.

    150,487        12,248,137   

Dover Corp.

    67,087        6,026,425   

Flowserve Corp.

    55,271        3,448,358   

Illinois Tool Works, Inc.

    161,966        12,353,147   

Ingersoll-Rand plc

    106,388        6,908,837   

Joy Global, Inc. (a)

    41,775        2,132,196   

PACCAR, Inc.

    139,138        7,744,421   

Pall Corp.

    43,959        3,386,601   

Parker Hannifin Corp.

    58,639        6,375,232   

 

MSF-134


Table of Contents

Metropolitan Series Fund

MetLife Stock Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Machinery—(Continued)

  

Pentair, Ltd.

    78,281      $ 5,083,568   

Snap-on, Inc.

    22,865        2,275,067   

Stanley Black & Decker, Inc.

    62,923        5,698,936   

Xylem, Inc.

    72,832        2,034,198   
   

 

 

 
      105,658,447   
   

 

 

 

Media—3.7%

  

Cablevision Systems Corp. - Class A

    84,085        1,415,991   

CBS Corp. - Class B

    221,093        12,195,490   

Comcast Corp. - Class A

    1,028,074        46,417,541   

DIRECTV (b)

    200,690        11,991,228   

Discovery Communications, Inc. - Class A (b)

    90,750        7,661,115   

Gannett Co., Inc. (a)

    90,069        2,412,949   

Interpublic Group of Cos., Inc. (The)

    165,937        2,850,798   

News Corp. - Class A (b)

    195,736        3,143,520   

Omnicom Group, Inc. (a)

    101,096        6,413,530   

Scripps Networks Interactive, Inc. - Class A

    43,005        3,359,121   

Time Warner Cable, Inc.

    112,334        12,536,474   

Time Warner, Inc.

    361,631        23,798,936   

Twenty-First Century Fox, Inc.

    780,723        26,154,220   

Viacom, Inc. - Class B

    170,597        14,258,497   

Walt Disney Co. (The)

    653,051        42,115,259   

Washington Post Co. (The) - Class B (a)

    1,722        1,052,745   
   

 

 

 
      217,777,414   
   

 

 

 

Metals & Mining—0.5%

  

Alcoa, Inc. (a)

    420,413        3,413,754   

Allegheny Technologies, Inc. (a)

    42,434        1,295,086   

Cliffs Natural Resources, Inc. (a)

    60,190        1,233,895   

Freeport-McMoRan Copper & Gold, Inc.

    407,964        13,495,449   

Newmont Mining Corp.

    195,619        5,496,894   

Nucor Corp. (a)

    125,071        6,130,980   

United States Steel Corp. (a)

    56,861        1,170,768   
   

 

 

 
      32,236,826   
   

 

 

 

Multi-Utilities—1.2%

  

Ameren Corp.

    95,373        3,322,795   

CenterPoint Energy, Inc.

    168,480        4,038,466   

CMS Energy Corp.

    104,506        2,750,598   

Consolidated Edison, Inc.

    115,121        6,347,772   

Dominion Resources, Inc.

    227,598        14,220,323   

DTE Energy Co.

    68,772        4,537,576   

Integrys Energy Group, Inc.

    31,285        1,748,519   

NiSource, Inc.

    122,867        3,795,362   

PG&E Corp.

    175,041        7,162,678   

Public Service Enterprise Group, Inc.

    198,839        6,547,768   

SCANA Corp.

    55,024        2,533,305   

Sempra Energy

    89,287        7,642,967   

TECO Energy, Inc. (a)

    80,293        1,328,046   

Wisconsin Energy Corp.

    89,490        3,613,606   
   

 

 

 
      69,589,781   
   

 

 

 

Multiline Retail—0.8%

  

Dollar General Corp. (b)

    117,026        6,607,288   

Dollar Tree, Inc. (b)

    87,658        5,010,531   

Multiline Retail—(Continued)

  

Family Dollar Stores, Inc.

    37,971      2,734,672   

J.C. Penney Co., Inc. (a) (b)

    119,716        1,055,895   

Kohl’s Corp. (a)

    80,248        4,152,834   

Macy’s, Inc.

    147,890        6,399,200   

Nordstrom, Inc. (a)

    56,687        3,185,809   

Target Corp.

    248,079        15,872,095   
   

 

 

 
      45,018,324   
   

 

 

 

Office Electronics—0.1%

  

Xerox Corp.

    455,409        4,686,159   
   

 

 

 

Oil, Gas & Consumable Fuels—8.5%

  

Anadarko Petroleum Corp.

    197,601        18,374,917   

Apache Corp.

    158,733        13,514,528   

Cabot Oil & Gas Corp.

    165,374        6,171,758   

Chesapeake Energy Corp. (a)

    199,147        5,153,924   

Chevron Corp.

    759,431        92,270,866   

ConocoPhillips

    480,733        33,415,751   

CONSOL Energy, Inc.

    89,954        3,026,952   

Denbury Resources, Inc. (b)

    146,582        2,698,575   

Devon Energy Corp.

    150,013        8,664,751   

EOG Resources, Inc.

    107,081        18,126,672   

EQT Corp.

    59,195        5,251,780   

Exxon Mobil Corp.

    1,730,172        148,863,999   

Hess Corp.

    113,385        8,769,196   

Kinder Morgan, Inc.

    264,657        9,413,849   

Marathon Oil Corp.

    278,954        9,729,916   

Marathon Petroleum Corp.

    123,061        7,915,284   

Murphy Oil Corp.

    69,060        4,165,699   

Newfield Exploration Co. (b)

    53,331        1,459,669   

Noble Energy, Inc.

    141,171        9,459,869   

Occidental Petroleum Corp.

    316,726        29,626,550   

Peabody Energy Corp.

    106,068        1,829,673   

Phillips 66

    240,181        13,887,265   

Pioneer Natural Resources Co. (a)

    54,460        10,282,048   

QEP Resources, Inc.

    70,474        1,951,425   

Range Resources Corp.

    64,227        4,874,187   

Southwestern Energy Co. (b)

    138,172        5,026,697   

Spectra Energy Corp.

    263,099        9,005,879   

Tesoro Corp.

    53,097        2,335,206   

Valero Energy Corp.

    213,102        7,277,433   

Williams Cos., Inc. (The)

    268,546        9,764,333   

WPX Energy, Inc. (a) (b)

    78,846        1,518,574   
   

 

 

 
      503,827,225   
   

 

 

 

Paper & Forest Products—0.1%

  

International Paper Co.

    175,295        7,853,216   
   

 

 

 

Personal Products—0.2%

   

Avon Products, Inc.

    170,459        3,511,455   

Estee Lauder Cos., Inc. (The) - Class A

    100,505        7,025,300   
   

 

 

 
      10,536,755   
   

 

 

 

Pharmaceuticals—5.8%

  

AbbVie, Inc.

    623,192        27,875,378   

Actavis, Inc. (b)

    68,137        9,811,728   

 

MSF-135


Table of Contents

Metropolitan Series Fund

MetLife Stock Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Pharmaceuticals—(Continued)

  

Allergan, Inc.

    116,670      $ 10,552,801   

Bristol-Myers Squibb Co.

    647,128        29,949,084   

Eli Lilly & Co.

    389,711        19,614,155   

Forest Laboratories, Inc. (b)

    92,854        3,973,223   

Hospira, Inc. (b)

    65,112        2,553,693   

Johnson & Johnson

    1,107,715        96,027,813   

Merck & Co., Inc.

    1,150,285        54,765,069   

Mylan, Inc. (b)

    150,080        5,728,554   

Perrigo Co. (a)

    36,993        4,564,196   

Pfizer, Inc.

    2,602,274        74,711,287   

Zoetis, Inc.

    196,537        6,116,231   
   

 

 

 
      346,243,212   
   

 

 

 

Professional Services—0.2%

  

Dun & Bradstreet Corp. (The) (a)

    15,250        1,583,713   

Equifax, Inc.

    47,674        2,853,289   

Nielsen Holdings NV

    84,494        3,079,806   

Robert Half International, Inc.

    54,576        2,130,101   
   

 

 

 
      9,646,909   
   

 

 

 

Real Estate Investment Trusts—1.9%

  

American Tower Corp.

    155,263        11,509,646   

Apartment Investment & Management Co. - Class A

    57,352        1,602,415   

AvalonBay Communities, Inc.

    47,813        6,076,554   

Boston Properties, Inc.

    59,900        6,403,310   

Equity Residential

    131,724        7,056,455   

HCP, Inc.

    178,887        7,325,423   

Health Care REIT, Inc.

    112,710        7,030,850   

Host Hotels & Resorts, Inc.

    294,818        5,209,434   

Kimco Realty Corp.

    161,018        3,249,343   

Macerich Co. (The)

    55,242        3,117,858   

Plum Creek Timber Co., Inc. (a)

    64,067        3,000,258   

ProLogis, Inc.

    195,989        7,373,106   

Public Storage

    56,794        9,118,277   

Simon Property Group, Inc.

    121,985        18,081,836   

Ventas, Inc.

    115,260        7,088,490   

Vornado Realty Trust

    68,356        5,746,005   

Weyerhaeuser Co.

    229,560        6,572,303   
   

 

 

 
      115,561,563   
   

 

 

 

Real Estate Management & Development—0.0%

  

CBRE Group, Inc. - Class A (b)

    108,987        2,520,869   
   

 

 

 

Road & Rail—0.9%

  

CSX Corp.

    400,479        10,308,329   

Kansas City Southern

    43,325        4,738,022   

Norfolk Southern Corp.

    122,621        9,484,734   

Ryder System, Inc.

    20,568        1,227,910   

Union Pacific Corp.

    182,326        28,322,521   
   

 

 

 
      54,081,516   
   

 

 

 

Semiconductors & Semiconductor Equipment—2.0%

  

Altera Corp.

    125,576        4,666,404   

Analog Devices, Inc.

    122,125        5,745,981   

Semiconductors & Semiconductor Equipment—(Continued)

  

Applied Materials, Inc.

    472,800      8,292,912   

Broadcom Corp. - Class A

    216,210        5,623,622   

First Solar, Inc. (a) (b)

    27,251        1,095,763   

Intel Corp.

    1,958,299        44,884,213   

KLA-Tencor Corp.

    65,145        3,964,073   

Lam Research Corp. (b)

    64,130        3,282,815   

Linear Technology Corp.

    91,663        3,635,354   

LSI Corp.

    215,041        1,681,621   

Microchip Technology, Inc. (a)

    77,555        3,124,691   

Micron Technology, Inc. (b)

    408,198        7,131,219   

NVIDIA Corp.

    227,432        3,538,842   

Teradyne, Inc. (a) (b)

    75,257        1,243,246   

Texas Instruments, Inc.

    432,843        17,430,588   

Xilinx, Inc.

    104,675        4,905,070   
   

 

 

 
      120,246,414   
   

 

 

 

Software—3.4%

  

Adobe Systems, Inc. (b)

    183,606        9,536,496   

Autodesk, Inc. (b)

    87,655        3,608,756   

CA, Inc.

    128,949        3,825,917   

Citrix Systems, Inc. (b)

    73,655        5,200,780   

Electronic Arts, Inc. (b)

    120,523        3,079,363   

Intuit, Inc.

    116,714        7,739,305   

Microsoft Corp.

    2,979,610        99,250,809   

Oracle Corp.

    1,401,595        46,490,906   

Red Hat, Inc. (b)

    74,410        3,433,277   

Salesforce.com, Inc. (b)

    215,531        11,188,214   

Symantec Corp.

    274,610        6,796,598   
   

 

 

 
      200,150,421   
   

 

 

 

Specialty Retail—2.3%

  

Abercrombie & Fitch Co. - Class A (a)

    30,028        1,062,090   

AutoNation, Inc. (b)

    25,278        1,318,753   

AutoZone, Inc. (b)

    13,963        5,902,579   

Bed Bath & Beyond, Inc. (b)

    85,598        6,621,861   

Best Buy Co., Inc.

    106,048        3,976,800   

CarMax, Inc. (b)

    87,879        4,259,495   

GameStop Corp. - Class A (a)

    45,949        2,281,368   

Gap, Inc. (The)

    108,420        4,367,158   

Home Depot, Inc. (The)

    563,057        42,707,874   

L Brands, Inc. (a)

    95,725        5,848,798   

Lowe’s Cos., Inc.

    413,431        19,683,450   

O’Reilly Automotive, Inc. (b)

    42,670        5,444,265   

PetSmart, Inc.

    40,844        3,114,763   

Ross Stores, Inc.

    85,173        6,200,594   

Staples, Inc. (a)

    259,623        3,803,477   

Tiffany & Co.

    43,251        3,313,892   

TJX Cos., Inc.

    281,141        15,853,541   

Urban Outfitters, Inc. (b)

    42,866        1,576,183   
   

 

 

 
      137,336,941   
   

 

 

 

Textiles, Apparel & Luxury Goods—0.7%

  

Coach, Inc.

    110,821        6,043,069   

Fossil Group, Inc. (b)

    19,755        2,296,321   

NIKE, Inc. - Class B

    293,979        21,354,635   

 

MSF-136


Table of Contents

Metropolitan Series Fund

MetLife Stock Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares/Principal
Amount*
    Value  

Textiles, Apparel & Luxury Goods—(Continued)

  

PVH Corp.

    32,064      $ 3,805,676   

Ralph Lauren Corp.

    23,813        3,922,716   

VF Corp.

    34,565        6,880,163   
   

 

 

 
      44,302,580   
   

 

 

 

Thrifts & Mortgage Finance—0.1%

   

Hudson City Bancorp, Inc.

    186,857        1,691,056   

People’s United Financial, Inc. (a)

    126,220        1,815,043   
   

 

 

 
      3,506,099   
   

 

 

 

Tobacco—1.6%

   

Altria Group, Inc.

    787,883        27,063,781   

Lorillard, Inc. (a)

    146,976        6,581,585   

Philip Morris International, Inc.

    636,211        55,089,511   

Reynolds American, Inc.

    124,441        6,070,232   
   

 

 

 
      94,805,109   
   

 

 

 

Trading Companies & Distributors—0.2%

  

Fastenal Co.

    107,356        5,394,639   

WW Grainger, Inc.

    24,313        6,362,955   
   

 

 

 
      11,757,594   
   

 

 

 

Wireless Telecommunication Services—0.1%

  

Crown Castle International Corp. (b)

    115,236        8,415,685   
   

 

 

 

Total Common Stocks
(Cost $3,951,988,426)

      5,878,534,096   
   

 

 

 
Investment Company Security—0.2%   

Exchange-Traded Fund—0.2%

  

SPDR S&P 500 ETF Trust
(Cost $10,000,962)

    60,000        10,086,000   
   

 

 

 
Short-Term Investments—3.0%   

Discount Notes—0.5%

  

Federal Home Loan Bank
0.025%, 12/04/13 (e)

    675,000        674,970   

0.030%, 02/26/14 (e)

    10,025,000        10,023,764   

0.046%, 02/21/14 (e)

    850,000        849,848   

0.049%, 10/24/13 (e)

    400,000        399,988   

0.071%, 10/04/13 (e)

    1,350,000        1,349,992   

0.076%, 02/26/14 (e)

    1,350,000        1,349,584   

0.086%, 02/21/14 (e)

    1,200,000        1,199,595   

Federal Home Loan Mortgage Corp.
0.036%, 11/12/13 (e)

    3,600,000        3,599,853   

0.066%, 10/28/13 (e)

    325,000        324,984   

0.081%, 12/30/13 (e)

    1,400,000        1,399,720   

0.101%, 12/30/13 (e)

    5,500,000        5,498,625   

Federal National Mortgage Association
0.066%, 02/24/14 (e)

    150,000        149,960   
   

 

 

 
      26,820,883   
   

 

 

 

Mutual Fund—2.5%

   

State Street Navigator Securities Lending MET Portfolio (f)

    150,589,399      150,589,399   
   

 

 

 

U.S. Treasury—0.0%

   

U.S. Treasury Bills
0.007%, 10/10/13 (a) (e)

    225,000        224,999   

0.016%, 10/10/13 (a) (e)

    1,225,000        1,224,995   

0.041%, 10/10/13 (a) (e)

    300,000        299,997   
   

 

 

 
    1,749,991   
 

 

 

 

Total Short-Term Investments
(Cost $179,160,273)

      179,160,273   
   

 

 

 

Total Investments—102.4%
(Cost $4,141,149,661) (g)

      6,067,780,369   

Other assets and liabilities (net)—(2.4)%

      (144,620,071
   

 

 

 
Net Assets—100.0%     $ 5,923,160,298   
   

 

 

 

 

* Principal amount stated in U.S. dollars unless otherwise noted.
(a) All or a portion of the security was held on loan. As of September 30, 2013, the market value of securities loaned was $152,385,885 and the collateral received consisted of cash in the amount of $150,589,399 and non-cash collateral with a value of $6,199,930. The cash collateral is invested in a money market fund managed by an affiliate of the custodian. The non-cash collateral received consists primarily of government securities and bank letters of credit, and is held for the benefit of the Portfolio at the Portfolio’s custodian. The Portfolio cannot repledge or resell this collateral.
(b) Non-income producing security.
(c) All or a portion of the security was pledged as collateral against open futures contracts. As of September 30, 2013, the market value of securities pledged was $33,792,500.
(d) Affiliated Issuer.
(e) The rate shown represents the discount rate at the time of purchase by the Portfolio.
(f) Represents investment of cash collateral received from securities lending transactions.
(g) As of September 30, 2013, the aggregate cost of investments was $4,141,149,661. The aggregate unrealized appreciation and depreciation of investments were $2,087,009,055 and $(160,378,347), respectively, resulting in net unrealized appreciation of $1,926,630,708.
(ETF)— Exchange-Traded Fund

 

MSF-137


Table of Contents

Metropolitan Series Fund

MetLife Stock Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

 

Futures Contracts   

Futures Contracts—Long

  Expiration
Date
     Number of
Contracts
     Notional
Amount
     Unrealized
Depreciation
 

S&P 500 Index Futures

    12/19/13         80         USD   33,610,814       $ (124,814
          

 

 

 

 

(USD)— United States Dollar

Fair Value Hierarchy

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to the Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1     Level 2     Level 3      Total  

Total Common Stocks*

   $ 5,878,534,096      $ —        $ —         $ 5,878,534,096   

Total Investment Company Security

     10,086,000        —          —           10,086,000   
Short-Term Investments          

Discount Notes

     —          26,820,883        —           26,820,883   

Mutual Fund

     150,589,399        —          —           150,589,399   

U.S. Treasury

     —          1,749,991        —           1,749,991   

Total Short-Term Investments

     150,589,399        28,570,874        —           179,160,273   

Total Investments

   $ 6,039,209,495      $ 28,570,874      $ —         $ 6,067,780,369   
                                   

Collateral for securities loaned (Liability)

   $ —        $ (150,589,399   $ —         $ (150,589,399
Futures Contracts          

Futures Contracts (Unrealized Depreciation)

   $ (124,814   $ —        $ —         $ (124,814

 

* See Schedule of Investments for additional detailed categorizations.

 

MSF-138


Table of Contents

Metropolitan Series Fund

MFS Total Return Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stock—58.5% of Net Assets

 

Security Description   Shares     Value  

Aerospace & Defense—3.4%

  

General Dynamics Corp.

    13,813      $ 1,208,914   

Honeywell International, Inc.

    91,044        7,560,294   

Lockheed Martin Corp. (a)

    98,319        12,540,588   

Northrop Grumman Corp.

    35,166        3,349,913   

Precision Castparts Corp.

    4,304        978,041   

United Technologies Corp.

    81,751        8,814,393   
   

 

 

 
      34,452,143   
   

 

 

 

Air Freight & Logistics—0.5%

  

United Parcel Service, Inc. - Class B

    53,204        4,861,249   
   

 

 

 

Airlines—0.1%

  

Copa Holdings S.A.

    7,628        1,057,775   
   

 

 

 

Auto Components—1.5%

  

Delphi Automotive plc

    130,560        7,627,315   

Johnson Controls, Inc.

    107,581        4,464,612   

Magna International, Inc.

    38,340        3,161,966   
   

 

 

 
      15,253,893   
   

 

 

 

Automobiles—0.4%

  

General Motors Co. (a) (b)

    100,270        3,606,712   
   

 

 

 

Beverages—0.8%

  

Coca-Cola Co.

    34,930        1,323,148   

Coca-Cola Enterprises, Inc.

    19,170        770,826   

Diageo plc

    168,391        5,350,899   

Dr. Pepper Snapple Group, Inc. (a)

    20,733        929,253   
   

 

 

 
      8,374,126   
   

 

 

 

Capital Markets—2.7%

  

Bank of New York Mellon Corp.

    230,615        6,962,267   

BlackRock, Inc.

    12,348        3,341,615   

Franklin Resources, Inc.

    71,849        3,631,967   

Goldman Sachs Group, Inc.

    47,028        7,440,300   

Morgan Stanley

    61,064        1,645,675   

State Street Corp.

    68,311        4,491,448   
   

 

 

 
      27,513,272   
   

 

 

 

Chemicals—1.3%

  

Air Products & Chemicals, Inc.

    33,476        3,567,537   

Celanese Corp. - Series A

    24,933        1,316,213   

FMC Corp.

    15,850        1,136,762   

LyondellBasell Industries NV

    16,450        1,204,634   

PPG Industries, Inc.

    37,793        6,313,699   

Valspar Corp. (a)

    2,910        184,581   
   

 

 

 
      13,723,426   
   

 

 

 

Commercial Banks—2.5%

  

BOC Hong Kong Holdings, Ltd.

    233,500        750,599   

Fifth Third Bancorp

    34,320        619,133   

HSBC Holdings plc

    89,400        968,847   

Mizuho Financial Group, Inc.

    835,100        1,817,735   

PNC Financial Services Group, Inc.

    37,457        2,713,760   

Sumitomo Mitsui Financial Group, Inc. (a)

    29,800        1,446,729   

Commercial Banks—(Continued)

  

SunTrust Banks, Inc.

    27,133      879,652   

Wells Fargo & Co.

    368,970        15,245,840   

Zions Bancorp

    39,174        1,074,151   
   

 

 

 
      25,516,446   
   

 

 

 

Commercial Services & Supplies—0.3%

  

Tyco International, Ltd.

    91,164        3,188,917   
   

 

 

 

Computers & Peripherals—0.8%

  

Apple, Inc.

    2,724        1,298,667   

Hewlett-Packard Co.

    283,720        5,952,446   

Western Digital Corp.

    21,250        1,347,250   
   

 

 

 
      8,598,363   
   

 

 

 

Construction & Engineering—0.1%

  

Fluor Corp.

    13,947        989,679   
   

 

 

 

Consumer Finance—0.1%

  

American Express Co.

    15,507        1,171,089   
   

 

 

 

Containers & Packaging—0.1%

  

Crown Holdings, Inc. (b)

    9,530        402,928   

Packaging Corp. of America

    15,030        858,063   
   

 

 

 
      1,260,991   
   

 

 

 

Diversified Financial Services—2.6%

  

Bank of America Corp.

    188,834        2,605,909   

JPMorgan Chase & Co.

    414,880        21,445,147   

McGraw-Hill Cos., Inc.

    15,397        1,009,889   

Moody’s Corp.

    17,663        1,242,239   

NASDAQ OMX Group, Inc.

    23,062        740,060   
   

 

 

 
      27,043,244   
   

 

 

 

Diversified Telecommunication Services—1.9%

  

AT&T, Inc.

    152,870        5,170,063   

Bezeq Israeli Telecommunication Corp., Ltd.

    293,130        539,085   

CenturyLink, Inc. (a)

    72,904        2,287,728   

Frontier Communications Corp. (a)

    687,510        2,866,917   

TDC A/S

    189,715        1,605,077   

Telecom Italia S.p.A.

    1,062,808        705,005   

Telefonica Brasil S.A. (ADR)

    49,220        1,104,497   

Verizon Communications, Inc.

    75,840        3,538,694   

Windstream Holdings, Inc. (a)

    175,780        1,406,240   
   

 

 

 
      19,223,306   
   

 

 

 

Electric Utilities—0.8%

  

American Electric Power Co., Inc.

    55,300        2,397,255   

Duke Energy Corp.

    21,663        1,446,655   

Fortum Oyj

    50,258        1,134,083   

NRG Yield, Inc. (a)

    1,490        45,132   

PPL Corp.

    104,952        3,188,442   
   

 

 

 
      8,211,567   
   

 

 

 

Electrical Equipment—0.3%

  

Eaton Corp. plc

    52,177        3,591,865   
   

 

 

 

 

MSF-139


Table of Contents

Metropolitan Series Fund

MFS Total Return Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stock—(Continued)

 

Security Description   Shares     Value  

Electronic Equipment, Instruments & Components—0.1%

  

Hoya Corp. (a)

    37,700      $ 893,073   
   

 

 

 

Energy Equipment & Services—0.3%

  

Noble Corp.

    35,454        1,339,098   

Schlumberger, Ltd.

    12,207        1,078,610   

Transocean, Ltd.

    19,580        871,310   
   

 

 

 
      3,289,018   
   

 

 

 

Food & Staples Retailing—1.5%

  

CVS Caremark Corp.

    149,143        8,463,865   

Kroger Co.

    118,110        4,764,558   

Safeway, Inc. (a)

    33,940        1,085,741   

Walgreen Co.

    17,553        944,351   
   

 

 

 
      15,258,515   
   

 

 

 

Food Products—1.9%

  

Danone

    44,167        3,325,502   

General Mills, Inc.

    117,540        5,632,517   

Ingredion, Inc.

    13,210        874,106   

J.M. Smucker Co.

    1,507        158,295   

Kellogg Co. (a)

    10,713        629,175   

Kraft Foods Group, Inc.

    7,113        373,006   

Mondelez International, Inc.

    38,384        1,206,025   

Nestle S.A.

    90,024        6,305,472   

Tyson Foods, Inc.

    41,190        1,164,853   
   

 

 

 
      19,668,951   
   

 

 

 

Health Care Equipment & Supplies—1.0%

  

Covidien plc

    60,381        3,679,618   

Medtronic, Inc.

    43,460        2,314,245   

St. Jude Medical, Inc. (a)

    70,404        3,776,471   
   

 

 

 
      9,770,334   
   

 

 

 

Health Care Providers & Services—0.5%

  

AmerisourceBergen Corp.

    18,153        1,109,148   

Express Scripts Holding Co. (b)

    49,300        3,045,754   

Quest Diagnostics, Inc. (a)

    14,237        879,704   
   

 

 

 
      5,034,606   
   

 

 

 

Hotels, Restaurants & Leisure—0.4%

  

McDonald’s Corp.

    25,270        2,431,227   

Wynn Resorts, Ltd.

    8,368        1,322,227   
   

 

 

 
      3,753,454   
   

 

 

 

Household Durables—0.3%

  

Stanley Black & Decker, Inc.

    33,630        3,045,869   
   

 

 

 

Household Products—0.7%

  

Procter & Gamble Co.

    76,252        5,763,889   

Reckitt Benckiser Group plc

    16,018        1,172,104   
   

 

 

 
      6,935,993   
   

 

 

 

Independent Power Producers & Energy Traders—0.1%

  

NRG Energy, Inc.

    34,624        946,274   
   

 

 

 

Industrial Conglomerates—1.7%

  

3M Co.

    63,274      7,555,549   

Danaher Corp.

    112,747        7,815,622   

Siemens AG

    14,365        1,731,831   
   

 

 

 
      17,103,002   
   

 

 

 

Insurance—4.1%

  

ACE, Ltd.

    63,751        5,964,544   

American International Group, Inc.

    58,280        2,834,156   

Aon plc

    49,453        3,681,281   

Chubb Corp.

    29,550        2,637,633   

Delta Lloyd NV

    101,630        2,159,085   

Everest Re Group, Ltd.

    10,984        1,597,183   

Prudential Financial, Inc.

    100,470        7,834,651   

SwissRe, Ltd.

    11,910        985,147   

Travelers Cos., Inc.

    110,630        9,378,105   

Validus Holdings, Ltd.

    75,000        2,773,500   

Zurich Financial Services AG

    7,733        1,991,595   
   

 

 

 
      41,836,880   
   

 

 

 

Internet Software & Services—0.5%

  

Google, Inc. (Class A) (b)

    2,928        2,564,665   

Yahoo!, Inc. (b)

    88,570        2,936,981   
   

 

 

 
      5,501,646   
   

 

 

 

IT Services—1.5%

  

Accenture plc

    70,203        5,169,749   

Fidelity National Information Services, Inc.

    11,927        553,890   

Fiserv, Inc. (b)

    10,737        1,084,974   

International Business Machines Corp.

    26,743        4,952,269   

Visa, Inc. (Class A)

    15,020        2,870,322   

Western Union Co.

    37,820        705,721   
   

 

 

 
      15,336,925   
   

 

 

 

Leisure Equipment & Products—0.2%

  

Hasbro, Inc. (a)

    43,038        2,028,811   
   

 

 

 

Life Sciences Tools & Services—0.5%

  

Thermo Fisher Scientific, Inc. (a)

    60,910        5,612,856   
   

 

 

 

Machinery—0.7%

  

Cummins, Inc.

    25,855        3,435,354   

Illinois Tool Works, Inc.

    27,133        2,069,434   

Pentair, Ltd.

    29,192        1,895,728   
   

 

 

 
      7,400,516   
   

 

 

 

Media—2.8%

  

Comcast Corp. (Class A)

    199,240        8,641,039   

Omnicom Group, Inc.

    55,221        3,503,220   

Regal Entertainment Group (a)

    21,780        413,384   

Time Warner Cable, Inc.

    47,230        5,270,868   

Time Warner, Inc.

    27,803        1,829,715   

Twenty-First Century Fox, Inc.

    32,363        1,084,161   

Viacom, Inc. (Class B)

    23,117        1,932,119   

Walt Disney Co.

    97,741        6,303,317   
   

 

 

 
      28,977,823   
   

 

 

 

 

MSF-140


Table of Contents

Metropolitan Series Fund

MFS Total Return Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stock—(Continued)

 

Security Description   Shares     Value  

Metals & Mining—0.3%

  

Iluka Resources, Ltd. (a)

    35,981      $ 385,119   

Rio Tinto plc

    30,050        1,471,672   

Vale S.A. (ADR) (a)

    93,260        1,455,789   
   

 

 

 
      3,312,580   
   

 

 

 

Multi-Utilities—0.7%

  

E.ON SE

    74,299        1,321,548   

GDF Suez

    100,751        2,532,345   

PG&E Corp.

    46,000        1,882,320   

Public Service Enterprise Group, Inc.

    45,070        1,484,155   
   

 

 

 
      7,220,368   
   

 

 

 

Multiline Retail—1.1%

  

Kohl’s Corp. (a)

    42,810        2,215,417   

Macy’s, Inc.

    64,640        2,796,973   

Target Corp.

    90,190        5,770,356   
   

 

 

 
      10,782,746   
   

 

 

 

Office Electronics—0.2%

  

Canon, Inc. (a)

    56,500        1,805,539   
   

 

 

 

Oil, Gas & Consumable Fuels—5.6%

  

Anadarko Petroleum Corp.

    32,684        3,039,285   

Apache Corp.

    41,594        3,541,313   

Canadian Natural Resources, Ltd.

    30,497        958,826   

Chevron Corp.

    88,233        10,720,309   

EOG Resources, Inc.

    5,570        942,890   

EQT Corp.

    18,993        1,685,059   

Exxon Mobil Corp.

    187,464        16,129,403   

HollyFrontier Corp. (a)

    43,400        1,827,574   

Marathon Petroleum Corp.

    20,850        1,341,072   

Noble Energy, Inc.

    52,312        3,505,427   

Occidental Petroleum Corp.

    53,774        5,030,020   

Royal Dutch Shell plc (Class A)

    90,836        3,000,448   

Valero Energy Corp.

    89,560        3,058,474   

Williams Cos., Inc.

    56,710        2,061,976   
   

 

 

 
      56,842,076   
   

 

 

 

Pharmaceuticals—5.4%

  

Abbott Laboratories

    142,749        4,737,839   

AbbVie, Inc.

    37,528        1,678,627   

Bayer AG

    11,120        1,311,206   

Bristol-Myers Squibb Co.

    90,320        4,180,009   

Eli Lilly & Co.

    60,100        3,024,833   

Johnson & Johnson

    198,098        17,173,116   

Merck & Co., Inc.

    89,943        4,282,186   

Pfizer, Inc.

    572,793        16,444,887   

Roche Holding AG

    4,611        1,243,853   

Teva Pharmaceutical Industries, Ltd. (ADR)

    10,850        409,913   

Valeant Pharmaceuticals International, Inc. (b)

    9,860        1,028,694   

Zoetis, Inc.

    4,864        151,368   
   

 

 

 
      55,666,531   
   

 

 

 

Professional Services—0.0%

  

Dun & Bradstreet Corp. (a)

    1,963      203,858   
   

 

 

 

Real Estate Investment Trusts—0.4%

  

American Capital Agency Corp. (a)

    19,220        433,795   

Annaly Capital Management, Inc. (a)

    121,080        1,402,107   

Corio NV

    15,415        663,423   

Digital Realty Trust, Inc. (a)

    16,310        866,061   

EPR Properties (a)

    17,110        833,941   
   

 

 

 
      4,199,327   
   

 

 

 

Road & Rail—0.2%

  

Canadian National Railway Co.

    12,453        1,262,360   

Union Pacific Corp.

    6,267        973,516   
   

 

 

 
      2,235,876   
   

 

 

 

Semiconductors & Semiconductor Equipment—0.8%

  

Intel Corp.

    100,160        2,295,667   

Microchip Technology, Inc. (a)

    117,830        4,747,371   

Taiwan Semiconductor Manufacturing Co., Ltd. (ADR)

    79,150        1,342,384   
   

 

 

 
      8,385,422   
   

 

 

 

Software—1.2%

  

Activision Blizzard, Inc.

    53,860        897,846   

CA, Inc.

    36,770        1,090,966   

Microsoft Corp.

    80,860        2,693,447   

Oracle Corp.

    140,197        4,650,334   

Symantec Corp.

    124,630        3,084,593   
   

 

 

 
      12,417,186   
   

 

 

 

Specialty Retail—0.4%

  

Advance Auto Parts, Inc.

    13,030        1,077,320   

Best Buy Co., Inc.

    37,610        1,410,375   

Staples, Inc. (a)

    79,474        1,164,294   
   

 

 

 
      3,651,989   
   

 

 

 

Textiles, Apparel & Luxury Goods—0.1%

  

Hanesbrands, Inc.

    17,110        1,066,124   
   

 

 

 

Tobacco—2.8%

  

Altria Group, Inc.

    109,576        3,763,935   

Lorillard, Inc.

    166,460        7,454,079   

Philip Morris International, Inc.

    202,215        17,509,797   
   

 

 

 
      28,727,811   
   

 

 

 

Wireless Telecommunication Services—0.3%

  

Vodafone Group plc

    729,175        2,571,237   
   

 

 

 

Total Common Stock
(Identified Cost $459,391,784)

      599,121,279   
   

 

 

 

 

MSF-141


Table of Contents

Metropolitan Series Fund

MFS Total Return Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

U.S. Treasury & Government Agencies—25.3%

 

Security Description   Principal
Amount
    Value  

Agency Sponsored Mortgage-Backed—12.7%

  

Fannie Mae 15 Yr.
3.000%, TBA

  $ 5,308,000      $ 5,480,510   

Fannie Mae 15 Yr. Pool
2.500%, 02/01/28

    478,336        482,051   

2.500%, 05/01/28

    291,812        294,078   

3.000%, 03/01/27

    213,501        221,267   

3.000%, 04/01/27

    634,252        657,376   

4.500%, 04/01/18

    50,816        54,010   

4.500%, 06/01/18

    125,870        133,720   

4.500%, 07/01/18

    113,458        120,568   

4.500%, 03/01/19

    164,357        174,652   

4.500%, 06/01/19

    105,643        112,282   

4.500%, 04/01/20

    105,104        111,682   

4.500%, 07/01/20

    55,441        58,934   

5.000%, 11/01/17

    112,457        119,932   

5.000%, 02/01/18

    321,153        341,837   

5.000%, 12/01/18

    415,235        441,945   

5.000%, 07/01/19

    236,127        252,957   

5.000%, 07/01/20

    157,247        168,486   

5.000%, 08/01/20

    71,464        76,573   

5.000%, 12/01/20

    262,585        280,716   

5.500%, 11/01/17

    181,082        190,717   

5.500%, 12/01/17

    25,258        26,586   

5.500%, 01/01/18

    150,723        158,713   

5.500%, 02/01/18

    116,366        122,589   

5.500%, 06/01/19

    224,880        241,321   

5.500%, 07/01/19

    184,955        198,018   

5.500%, 08/01/19

    56,614        60,673   

5.500%, 09/01/19

    196,202        210,064   

5.500%, 01/01/21

    83,503        90,416   

5.500%, 03/01/21

    29,099        31,509   

6.000%, 07/01/16

    41,475        43,099   

6.000%, 01/01/17

    28,225        29,536   

6.000%, 02/01/17

    76,499        81,045   

6.000%, 07/01/17

    113,288        120,176   

6.000%, 08/01/17

    12,470        13,261   

6.000%, 09/01/17

    111,521        117,967   

6.000%, 03/01/18

    12,030        12,763   

6.000%, 11/01/18

    67,942        72,421   

6.000%, 01/01/21

    104,278        113,538   

6.000%, 05/01/21

    44,124        47,798   

Fannie Mae 20 Yr. Pool
6.000%, 11/01/25

    48,680        53,644   

Fannie Mae 30 Yr.
4.000%, TBA

    7,684,000        8,037,417   

4.500%, TBA

    2,418,000        2,575,170   

Fannie Mae 30 Yr. Pool
3.500%, 11/01/41

    147,323        150,168   

3.500%, 01/01/42

    1,194,678        1,217,899   

3.500%, 04/01/43

    1,338,227        1,363,370   

3.500%, 05/01/43

    2,754,275        2,805,976   

3.500%, 06/01/43

    856,000        872,024   

3.500%, 07/01/43

    2,153,491        2,193,853   

3.500%, 09/01/43

    5,225,877        5,323,830   

4.000%, 02/01/41

    281,223        295,157   

4.500%, 08/01/33

    437,576        468,577   

Agency Sponsored Mortgage-Backed—(Continued)

  

Fannie Mae 30 Yr. Pool
4.500%, 03/01/34

  1,344,054      1,438,152   

4.500%, 08/01/40

    110,204        118,274   

4.500%, 02/01/41

    595,226        639,091   

4.500%, 04/01/41

    618,718        664,068   

5.000%, 11/01/33

    259,828        282,551   

5.000%, 03/01/34

    216,512        235,423   

5.000%, 05/01/34

    93,899        101,906   

5.000%, 08/01/34

    94,488        102,549   

5.000%, 09/01/34

    346,473        376,190   

5.000%, 01/01/35

    103,306        111,913   

5.000%, 06/01/35

    272,459        295,899   

5.000%, 07/01/35

    1,390,423        1,508,999   

5.000%, 08/01/35

    241,181        261,545   

5.000%, 09/01/35

    161,913        175,736   

5.000%, 10/01/35

    697,573        756,621   

5.000%, 08/01/36

    103,719        112,534   

5.000%, 07/01/39

    773,946        845,977   

5.000%, 10/01/39

    445,885        491,019   

5.000%, 11/01/39

    169,215        185,006   

5.000%, 11/01/40

    238,756        259,833   

5.000%, 01/01/41

    101,216        110,241   

5.000%, 03/01/41

    138,366        150,830   

5.500%, 02/01/33

    134,638        146,970   

5.500%, 05/01/33

    18,819        20,663   

5.500%, 06/01/33

    409,652        448,893   

5.500%, 07/01/33

    427,309        466,884   

5.500%, 11/01/33

    267,610        292,390   

5.500%, 12/01/33

    55,335        60,274   

5.500%, 01/01/34

    284,679        312,397   

5.500%, 02/01/34

    401,558        440,641   

5.500%, 03/01/34

    95,603        106,250   

5.500%, 04/01/34

    105,663        116,789   

5.500%, 05/01/34

    723,512        796,596   

5.500%, 06/01/34

    848,601        928,330   

5.500%, 07/01/34

    311,040        340,520   

5.500%, 09/01/34

    1,099,903        1,205,620   

5.500%, 10/01/34

    1,369,864        1,501,047   

5.500%, 11/01/34

    1,548,370        1,691,174   

5.500%, 12/01/34

    850,114        932,865   

5.500%, 01/01/35

    792,351        869,389   

5.500%, 02/01/35

    77,878        86,156   

5.500%, 04/01/35

    136,105        148,359   

5.500%, 07/01/35

    106,077        115,731   

5.500%, 08/01/35

    64,910        70,670   

5.500%, 09/01/35 (c)

    444,440        491,931   

6.000%, 02/01/32

    280,640        310,181   

6.000%, 03/01/34

    49,145        54,537   

6.000%, 04/01/34

    492,680        539,858   

6.000%, 06/01/34

    620,258        687,324   

6.000%, 07/01/34

    584,622        642,522   

6.000%, 08/01/34

    952,083        1,043,938   

6.000%, 10/01/34

    484,090        534,763   

6.000%, 11/01/34

    61,852        67,748   

6.000%, 12/01/34

    48,920        54,117   

6.000%, 08/01/35

    125,983        139,437   

 

MSF-142


Table of Contents

Metropolitan Series Fund

MFS Total Return Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

U.S. Treasury & Government Agencies—(Continued)

 

Security Description   Principal
Amount
    Value  

Agency Sponsored Mortgage-Backed—(Continued)

  

Fannie Mae 30 Yr. Pool
6.000%, 09/01/35 (c)

  $ 160,823      $ 176,741   

6.000%, 10/01/35

    248,305        275,192   

6.000%, 11/01/35

    46,900        51,801   

6.000%, 12/01/35

    269,074        295,571   

6.000%, 02/01/36

    245,889        272,378   

6.000%, 04/01/36

    332,336        363,801   

6.000%, 06/01/36

    120,156        131,894   

6.000%, 07/01/37

    350,087        384,574   

6.500%, 06/01/31

    87,311        98,504   

6.500%, 07/01/31

    23,434        26,030   

6.500%, 08/01/31

    16,764        18,689   

6.500%, 09/01/31

    88,566        98,077   

6.500%, 02/01/32

    52,179        57,690   

6.500%, 07/01/32

    216,369        244,651   

6.500%, 08/01/32

    209,895        237,695   

6.500%, 01/01/33

    84,028        92,882   

6.500%, 04/01/34

    128,049        145,328   

6.500%, 06/01/34

    61,105        68,885   

6.500%, 08/01/34

    94,355        106,188   

6.500%, 04/01/36

    55,424        62,287   

6.500%, 05/01/36

    168,934        189,763   

6.500%, 02/01/37

    347,257        384,793   

6.500%, 05/01/37

    216,858        240,406   

6.500%, 07/01/37

    196,511        217,189   

7.500%, 10/01/29

    16,809        18,390   

7.500%, 02/01/30

    16,470        18,394   

7.500%, 11/01/31

    92,670        108,389   

7.500%, 02/01/32

    20,851        25,368   

Fannie Mae ACES
2.578%, 09/25/18

    500,000        515,946   

Fannie Mae Pool
3.800%, 02/01/18

    139,837        149,643   

3.849%, 07/01/18

    194,530        210,670   

3.910%, 02/01/18

    202,798        219,582   

4.600%, 09/01/19

    134,357        148,801   

4.629%, 05/01/14

    409,160        411,704   

4.757%, 02/01/14 (c)

    404,099        403,265   

4.826%, 08/01/14 (c)

    732,632        742,188   

4.880%, 03/01/20

    286,738        314,363   

4.940%, 08/01/15

    50,000        52,657   

5.370%, 05/01/18

    627,826        715,330   

5.463%, 11/01/15 (c)

    382,356        409,679   

5.661%, 02/01/16 (c)

    211,419        229,466   

5.724%, 07/01/16 (c)

    258,913        286,413   

FHLMC Multifamily Structured Pass-Through Certificates
1.426%, 08/25/17

    250,000        250,816   

1.869%, 11/25/19

    363,000        353,166   

2.303%, 09/25/18

    176,087        178,379   

2.412%, 08/25/18

    458,000        467,501   

3.154%, 02/25/18

    118,000        124,553   

3.320%, 02/25/23

    186,000        186,586   

3.808%, 08/25/20

    1,030,000        1,093,988   

3.882%, 11/25/17 (c)

    332,556        360,379   

5.085%, 03/25/19 (c)

    1,226,000        1,398,263   

Agency Sponsored Mortgage-Backed—(Continued)

  

Freddie Mac 15 Yr. Gold Pool
4.500%, 05/01/18

  52,376      55,357   

4.500%, 08/01/18

    114,112        120,612   

4.500%, 11/01/18

    123,587        130,625   

4.500%, 01/01/19

    245,382        259,413   

4.500%, 08/01/19

    12,937        13,672   

4.500%, 02/01/20

    88,425        93,668   

4.500%, 08/01/24

    725,288        766,560   

5.000%, 12/01/17

    3,467        3,672   

5.000%, 05/01/18

    47,115        49,905   

5.000%, 09/01/18

    134,763        142,820   

5.500%, 01/01/19

    43,185        46,367   

5.500%, 04/01/19

    19,052        20,077   

5.500%, 06/01/19

    18,592        19,966   

5.500%, 07/01/19

    27,119        29,046   

5.500%, 08/01/19

    15,110        16,158   

5.500%, 02/01/20

    12,058        12,918   

6.000%, 04/01/16

    4,335        4,505   

6.000%, 04/01/17

    28,185        29,818   

6.000%, 07/01/17

    18,496        19,386   

6.000%, 10/01/17

    22,411        23,512   

6.000%, 08/01/19

    133,538        144,190   

6.000%, 09/01/19

    47,115        50,605   

6.000%, 11/01/19

    57,877        61,970   

6.000%, 05/01/21

    54,728        59,557   

6.000%, 10/01/21

    85,095        92,670   

Freddie Mac 20 Yr. Gold Pool
5.500%, 10/01/24

    115,766        126,309   

5.500%, 06/01/25

    217,282        237,325   

5.500%, 07/01/25

    113,546        124,075   

5.500%, 08/01/25

    168,486        184,275   

6.000%, 02/01/23

    197,305        215,225   

6.000%, 12/01/25

    80,493        87,984   

6.000%, 02/01/26

    61,920        67,619   

Freddie Mac 30 Yr.
3.500%, TBA

    4,374,000        4,439,610   

Freddie Mac 30 Yr. Gold Pool
3.000%, 10/01/42

    2,295,231        2,235,976   

3.000%, 04/01/43

    1,992,616        1,941,481   

3.000%, 05/01/43

    1,791,707        1,746,094   

3.500%, 02/01/42

    1,002,174        1,018,608   

3.500%, 04/01/42

    598,487        609,208   

3.500%, 12/01/42

    1,613,705        1,640,648   

3.500%, 01/01/43

    505,596        513,559   

3.500%, 04/01/43

    423,644        430,728   

3.500%, 07/01/43

    595,779        605,195   

4.000%, 11/01/40

    1,581,009        1,653,230   

4.000%, 01/01/41

    2,137,140        2,234,768   

4.500%, 04/01/35

    76,404        81,638   

4.500%, 07/01/39

    659,547        701,896   

4.500%, 09/01/39

    331,801        353,040   

4.500%, 10/01/39

    199,025        211,825   

5.000%, 09/01/33

    529,496        573,769   

5.000%, 03/01/34

    118,489        129,383   

5.000%, 04/01/34

    92,528        100,303   

5.000%, 08/01/35

    142,195        153,495   

 

MSF-143


Table of Contents

Metropolitan Series Fund

MFS Total Return Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

U.S. Treasury & Government Agencies—(Continued)

 

Security Description   Principal
Amount
    Value  

Agency Sponsored Mortgage-Backed—(Continued)

  

Freddie Mac 30 Yr. Gold Pool
5.000%, 10/01/35

  $ 362,130      $ 389,953   

5.000%, 11/01/35

    257,839        278,135   

5.000%, 12/01/36

    166,508        179,714   

5.000%, 07/01/39

    1,192,328        1,284,799   

5.500%, 12/01/33

    547,653        600,652   

5.500%, 01/01/34

    372,524        406,514   

5.500%, 04/01/34

    99,126        109,215   

5.500%, 11/01/34

    82,991        90,592   

5.500%, 12/01/34

    123,253        134,683   

5.500%, 05/01/35

    52,232        56,588   

5.500%, 09/01/35

    105,192        114,043   

5.500%, 10/01/35

    160,327        176,076   

6.000%, 04/01/34

    139,958        154,626   

6.000%, 07/01/34

    81,849        89,653   

6.000%, 08/01/34

    635,552        696,611   

6.000%, 09/01/34

    13,617        14,847   

6.000%, 07/01/35

    113,709        125,478   

6.000%, 08/01/35

    125,064        137,947   

6.000%, 11/01/35

    284,201        311,055   

6.000%, 03/01/36

    132,109        145,348   

6.000%, 10/01/36

    142,272        156,830   

6.000%, 03/01/37

    16,590        18,061   

6.000%, 05/01/37

    165,163        181,090   

6.000%, 06/01/37

    217,669        238,739   

6.500%, 05/01/34

    47,016        52,724   

6.500%, 06/01/34

    100,366        113,140   

6.500%, 08/01/34

    301,624        340,742   

6.500%, 10/01/34

    187,507        207,679   

6.500%, 11/01/34

    48,608        53,768   

6.500%, 05/01/37

    160,442        179,032   

6.500%, 07/01/37

    251,675        280,326   

Ginnie Mae I 30 Yr. Pool
3.000%, 02/15/43

    755,096        745,701   

3.500%, 12/15/41

    453,400        467,968   

3.500%, 02/15/42

    310,371        319,850   

4.500%, 09/15/33

    183,738        198,852   

4.500%, 11/15/39

    768,249        828,297   

4.500%, 03/15/40

    603,463        660,381   

4.500%, 04/15/40

    946,594        1,024,137   

4.500%, 06/15/40

    365,666        396,484   

5.000%, 03/15/34

    69,066        75,763   

5.000%, 06/15/34

    120,714        132,419   

5.000%, 12/15/34

    72,544        79,579   

5.000%, 06/15/35

    20,812        22,638   

5.500%, 11/15/32

    255,515        280,051   

5.500%, 08/15/33

    765,051        846,831   

5.500%, 12/15/33

    310,882        347,803   

5.500%, 09/15/34

    295,512        326,542   

5.500%, 10/15/35

    53,161        58,865   

6.000%, 12/15/28

    70,013        77,433   

6.000%, 12/15/31

    88,348        100,890   

6.000%, 03/15/32

    4,013        4,431   

6.000%, 10/15/32

    257,431        288,054   

6.000%, 01/15/33

    85,688        94,678   

6.000%, 02/15/33

    3,760        4,206   

Agency Sponsored Mortgage-Backed—(Continued)

  

Ginnie Mae I 30 Yr. Pool
6.000%, 04/15/33

  329,063      368,164   

6.000%, 08/15/33

    2,571        2,877   

6.000%, 07/15/34

    222,482        248,648   

6.000%, 09/15/34

    72,223        79,770   

6.000%, 01/15/38

    306,890        342,372   

Ginnie Mae II 30 Yr. Pool
3.000%, 06/20/43

    1,556,743        1,540,993   

3.000%, 07/20/43

    935,573        926,107   

3.500%, 06/20/43

    2,227,489        2,301,472   

3.500%, 07/20/43

    2,778,899        2,871,232   

4.000%, 01/20/41

    2,224,870        2,365,084   

4.000%, 02/20/41

    546,893        581,344   

4.000%, 04/20/41

    414,883        441,412   

4.000%, 02/20/42

    1,011,083        1,072,237   

4.500%, 07/20/33

    36,404        39,600   

4.500%, 09/20/33

    24,857        27,032   

4.500%, 12/20/34

    19,877        21,620   

4.500%, 03/20/35

    113,499        123,450   

4.500%, 01/20/41

    616,419        667,131   

4.500%, 06/20/41

    310,161        334,769   

5.000%, 07/20/33

    83,904        92,031   

6.000%, 01/20/35

    87,399        98,682   

6.000%, 02/20/35

    44,410        51,043   

6.000%, 04/20/35

    67,720        75,137   
   

 

 

 
      129,504,115   
   

 

 

 

Federal Agencies—0.1%

  

The Financing Corp.
9.650%, 11/02/18

    430,000        592,965   
   

 

 

 

U.S. Treasury—12.5%

  

U.S. Treasury Bonds
4.500%, 02/15/36

    293,000        338,598   

4.500%, 08/15/39

    16,876,000        19,483,865   

5.000%, 05/15/37

    1,509,000        1,864,558   

5.250%, 02/15/29 (a)

    16,000        20,003   

5.375%, 02/15/31 (a)

    887,000        1,131,202   

6.250%, 08/15/23

    80,000        105,875   

8.500%, 02/15/20 (a)

    1,104,000        1,553,880   

U.S. Treasury Notes
0.500%, 08/15/14

    3,838,000        3,850,892   

0.875%, 12/31/16 (a)

    16,276,000        16,331,957   

1.875%, 02/28/14

    2,369,800        2,387,666   

2.125%, 05/31/15

    36,665,000        37,797,875   

2.625%, 02/29/16 (a)

    800,000        842,000   

2.750%, 02/15/19 (a)

    2,524,100        2,685,799   

3.125%, 05/15/19

    6,086,000        6,594,278   

3.125%, 05/15/21

    18,919,000        20,219,681   

3.500%, 05/15/20 (a)

    7,140,000        7,874,078   

3.750%, 11/15/18 (a)

    2,067,000        2,306,158   

4.125%, 05/15/15

    125,000        132,827   

4.750%, 08/15/17

    2,444,000        2,793,798   
   

 

 

 
      128,314,990   
   

 

 

 

Total U.S. Treasury & Government Agencies
(Identified Cost $249,321,265)

      258,412,070   
   

 

 

 

 

MSF-144


Table of Contents

Metropolitan Series Fund

MFS Total Return Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Corporate Bonds & Notes—11.0%

 

Security Description   Principal
Amount
    Value  

Aerospace & Defense—0.1%

  

BAE Systems Holdings, Inc.
5.200%, 08/15/15 (144A)

  $ 756,000      $ 807,653   

United Technologies Corp.
3.100%, 06/01/22 (a)

    420,000        413,169   
   

 

 

 
      1,220,822   
   

 

 

 

Agriculture—0.2%

  

Altria Group, Inc.
2.850%, 08/09/22

    1,020,000        934,181   

B.A.T. International Finance plc
3.250%, 06/07/22 (144A)

    1,026,000        1,001,858   
   

 

 

 
      1,936,039   
   

 

 

 

Auto Manufacturers—0.1%

  

Volkswagen International Finance NV
2.375%, 03/22/17 (144A)

    857,000        878,420   
   

 

 

 

Banks—3.0%

  

ABN Amro Bank NV
2.035%, 01/30/14 (144A) (c)

    1,040,000        1,045,080   

Achmea Hypotheekbank NV
3.200%, 11/03/14 (144A) (c)

    541,000        557,403   

Banco Bradesco S.A.
6.750%, 09/29/19 (144A)

    613,000        662,040   

Banco de Credito del Peru
5.375%, 09/16/20 (a)

    835,000        839,175   

Bank of America Corp.
5.490%, 03/15/19

    696,000        759,492   

7.375%, 05/15/14

    510,000        530,825   

7.625%, 06/01/19

    710,000        870,647   

Bank of Tokyo-Mitsubishi UFJ, Ltd. (The)
4.100%, 09/09/23 (144A) (a)

    890,000        903,652   

Bank One Corp.
8.000%, 04/29/27

    100,000        128,640   

BBVA Bancomer S.A.
6.750%, 09/30/22 (144A)

    810,000        838,350   

BNP Paribas S.A.
7.195%, 12/31/49 (144A) (c)

    500,000        501,875   

BPCE S.A.
12.500%, 12/31/49 (a) (c)

    922,000        1,159,415   

Capital One Financial Corp.
6.150%, 09/01/16

    1,330,000        1,481,157   

Citigroup, Inc.
2.500%, 09/26/18

    580,000        576,779   

3.375%, 03/01/23

    351,000        334,000   

Citigroup, Inc.
5.000%, 09/15/14

    1,105,000        1,146,651   

Commonwealth Bank of Australia
5.000%, 10/15/19 (144A)

    710,000        798,264   

Credit Suisse
5.500%, 05/01/14

    950,000        978,058   

Credit Suisse AG
6.500%, 08/08/23 (144A)

    830,000        840,375   

Goldman Sachs Group, Inc.
5.625%, 01/15/17

    1,351,000        1,488,187   

Banks—(Continued)

  

HSBC Holdings plc
5.100%, 04/05/21

  679,000      747,941   

ING Bank NV
3.750%, 03/07/17 (144A)

    829,000        870,699   

5.800%, 09/25/23 (144A)

    1,076,000        1,086,756   

JPMorgan Chase & Co.
3.250%, 09/23/22

    262,000        247,169   

6.300%, 04/23/19

    1,210,000        1,417,664   

KFW
4.875%, 06/17/19

    1,290,000        1,493,820   

Morgan Stanley
6.625%, 04/01/18

    2,030,000        2,356,743   

PNC Funding Corp.
5.625%, 02/01/17

    1,080,000        1,203,939   

Royal Bank of Scotland Group plc
2.550%, 09/18/15

    247,000        252,300   

Santander U.S. Debt S.A.U.
3.781%, 10/07/15 (144A)

    500,000        509,972   

Svenska Handelsbanken AB
4.875%, 06/10/14 (144A)

    970,000        999,604   

Swedbank AB
2.125%, 09/29/17 (144A)

    231,000        232,902   

U.S. Bancorp
7.500%, 06/01/26

    400,000        510,031   

Wachovia Corp.
5.250%, 08/01/14

    924,000        959,431   

Wells Fargo & Co.
2.100%, 05/08/17

    990,000        1,010,733   
   

 

 

 
      30,339,769   
   

 

 

 

Beverages—0.2%

  

Anheuser-Busch InBev Worldwide, Inc.
8.000%, 11/15/39

    1,020,000        1,478,640   

Diageo Capital plc
2.625%, 04/29/23

    1,020,000        939,494   
   

 

 

 
      2,418,134   
   

 

 

 

Commercial Services—0.1%

  

ERAC USA Finance, LLC
7.000%, 10/15/37 (144A)

    1,115,000        1,321,138   
   

 

 

 

Computers—0.0%

  

Apple, Inc.
3.850%, 05/04/43

    370,000        310,043   
   

 

 

 

Construction & Engineering—0.0%

  

ABB Finance USA, Inc.
2.875%, 05/08/22

    309,000        298,396   
   

 

 

 

Diversified Financial Services—0.5%

  

American Express Co.
5.500%, 09/12/16

    960,000        1,073,808   

Asian Development Bank
1.125%, 03/15/17

    574,000        576,755   

2.750%, 05/21/14

    970,000        985,491   

 

MSF-145


Table of Contents

Metropolitan Series Fund

MFS Total Return Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Corporate Bonds & Notes—(Continued)

 

Security Description   Principal
Amount
    Value  

Diversified Financial Services—(Continued)

  

General Electric Capital Corp.
3.100%, 01/09/23

  $ 481,000      $ 449,966   

Toyota Motor Credit Corp.
3.200%, 06/17/15

    630,000        658,908   

3.400%, 09/15/21

    880,000        886,883   

ZFS Finance USA Trust V
6.500%, 05/09/67 (144A) (c)

    491,000        514,323   
   

 

 

 
      5,146,134   
   

 

 

 

Electric—0.6%

  

GG1C Funding Corp.
5.129%, 01/15/14 (144A) (d)

    132,568        133,048   

MidAmerican Funding, LLC
6.927%, 03/01/29

    699,000        858,552   

Oncor Electric Delivery Co., LLC
7.000%, 09/01/22

    795,000        982,544   

Pacific Gas & Electric Co.
4.600%, 06/15/43

    880,000        820,384   

PPL Capital Funding, Inc.
3.400%, 06/01/23 (a)

    880,000        820,054   

Progress Energy, Inc.
3.150%, 04/01/22

    1,083,000        1,035,551   

PSEG Power, LLC
5.320%, 09/15/16

    989,000        1,094,776   

W3A Funding Corp.
8.090%, 01/02/17

    362,191        361,772   
   

 

 

 
      6,106,681   
   

 

 

 

Food—0.1%

  

ConAgra Foods, Inc.
3.200%, 01/25/23

    516,000        482,728   

Kraft Foods Group, Inc.
3.500%, 06/06/22

    412,000        406,905   
   

 

 

 
      889,633   
   

 

 

 

Healthcare Products—0.3%

  

Baxter International, Inc.
3.200%, 06/15/23

    610,000        595,172   

CareFusion Corp.
6.375%, 08/01/19

    1,110,000        1,271,215   

Hospira, Inc.
6.050%, 03/30/17 (c)

    979,000        1,073,964   
   

 

 

 
      2,940,351   
   

 

 

 

Healthcare Services—0.2%

  

Roche Holdings, Inc.
6.000%, 03/01/19 (144A)

    1,183,000        1,405,832   

WellPoint, Inc.
3.300%, 01/15/23

    600,000        565,566   
   

 

 

 
      1,971,398   
   

 

 

 

Household Products—0.1%

  

Reckitt Benckiser Treasury Services plc
3.625%, 09/21/23 (144A)

    1,070,000        1,077,824   
   

 

 

 

Insurance—0.6%

  

ACE INA Holdings, Inc.
2.700%, 03/13/23

  1,000,000      938,645   

Allstate Corp.
5.750%, 08/15/53

    318,000        310,050   

American International Group, Inc.
4.875%, 06/01/22

    1,770,000        1,898,787   

Marsh & McLennan Cos., Inc.
4.800%, 07/15/21 (a)

    920,000        994,335   

The Chubb Corp.
6.375%, 03/29/67 (c)

    1,510,000        1,619,475   
   

 

 

 
      5,761,292   
   

 

 

 

Internet—0.1%

  

Baidu, Inc.
3.500%, 11/28/22 (a)

    1,110,000        1,015,112   

eBay, Inc.
1.350%, 07/15/17

    290,000        287,985   
   

 

 

 
      1,303,097   
   

 

 

 

Investment Companies—0.2%

  

Temasek Financial I, Ltd.
2.375%, 01/23/23 (144A)

    1,790,000        1,638,276   
   

 

 

 

Machinery—0.1%

  

Atlas Copco AB
5.600%, 05/22/17 (144A)

    910,000        1,022,380   
   

 

 

 

Media—0.4%

  

Comcast Corp.
2.850%, 01/15/23 (a)

    990,000        938,793   

DIRECTV Financing Co., Inc.
4.600%, 02/15/21

    550,000        551,772   

Discovery Communications LLC
4.875%, 04/01/43

    620,000        572,076   

News America, Inc.
8.500%, 02/23/25

    722,000        909,273   

Time Warner Entertainment Co., L.P.
8.375%, 07/15/33

    1,240,000        1,351,815   
   

 

 

 
      4,323,729   
   

 

 

 

Mining—0.3%

  

Corp. Nacional del Cobre de Chile
3.750%, 11/04/20 (144A)

    290,000        287,903   

Freeport-McMoRan Copper & Gold, Inc.
3.875%, 03/15/23 (144A)

    1,010,000        931,174   

Rio Tinto Finance plc
3.500%, 03/22/22 (a)

    900,000        869,992   

Vale Overseas, Ltd.
4.625%, 09/15/20

    298,000        301,486   

6.875%, 11/10/39

    233,000        235,901   
   

 

 

 
      2,626,456   
   

 

 

 

Miscellaneous Manufacturing—0.1%

  

General Electric Co.
2.700%, 10/09/22

    800,000        754,602   
   

 

 

 

 

MSF-146


Table of Contents

Metropolitan Series Fund

MFS Total Return Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Corporate Bonds & Notes—(Continued)

 

Security Description   Principal
Amount
    Value  

Oil & Gas—1.2%

  

Apache Corp.
3.250%, 04/15/22

  $ 421,000      $ 412,156   

4.750%, 04/15/43

    321,000        303,853   

BP Capital Markets plc
4.500%, 10/01/20

    306,000        330,609   

4.742%, 03/11/21

    847,000        918,403   

CNOOC Finance 2012, Ltd.
3.875%, 05/02/22 (144A)

    1,010,000        984,591   

EOG Resources, Inc.
2.625%, 03/15/23

    302,000        278,192   

Gazprom OAO Via Gaz Capital S.A.
3.850%, 02/06/20 (144A)

    286,000        272,415   

Hess Corp.
8.125%, 02/15/19

    300,000        373,322   

Husky Energy, Inc.
5.900%, 06/15/14

    771,000        798,843   

7.250%, 12/15/19

    787,000        963,440   

Petro-Canada
6.050%, 05/15/18

    1,664,000        1,939,781   

Petrobras Global Finance BV
2.408%, 01/15/19 (c)

    625,000        613,125   

Petrobras International Finance Co.
5.375%, 01/27/21 (a)

    380,000        381,742   

6.750%, 01/27/41

    276,000        266,897   

Petroleos Mexicanos
8.000%, 05/03/19

    759,000        916,493   

Ras Laffan Liquefied Natural Gas Co., Ltd. III
5.832%, 09/30/16 (144A)

    501,490        531,579   

Statoil ASA
7.750%, 06/15/23

    100,000        131,339   

Total Capital International S.A.
1.550%, 06/28/17

    1,239,000        1,245,300   

Transocean, Inc.
3.800%, 10/15/22 (a)

    505,000        475,504   
   

 

 

 
      12,137,584   
   

 

 

 

Pharmaceuticals—0.4%

  

AbbVie, Inc.
1.200%, 11/06/15

    1,850,000        1,856,693   

Express Scripts Holding Co.
2.650%, 02/15/17

    1,280,000        1,319,629   

Teva Pharmaceutical Finance IV BV
3.650%, 11/10/21

    1,270,000        1,260,527   
   

 

 

 
      4,436,849   
   

 

 

 

Pipelines—0.5%

  

Energy Transfer Partners, L.P.
3.600%, 02/01/23

    558,000        519,769   

4.900%, 02/01/24

    450,000        457,294   

Enterprise Products Operating, LLC
6.500%, 01/31/19

    908,000        1,076,560   

Kinder Morgan Energy Partners, L.P.
4.150%, 02/01/24 (a)

    691,000        678,035   

7.750%, 03/15/32

    625,000        766,633   

Pipelines—(Continued)

  

Spectra Energy Capital, LLC
8.000%, 10/01/19

  1,253,000      1,523,785   
   

 

 

 
      5,022,076   
   

 

 

 

Real Estate—0.1%

  

WEA Finance, LLC
4.625%, 05/10/21 (a)

    990,000        1,044,313   

6.750%, 09/02/19 (144A)

    262,000        311,522   
   

 

 

 
      1,355,835   
   

 

 

 

Real Estate Investment Trusts—0.5%

  

American Tower Trust I
3.070%, 03/15/48 (144A)

    1,000,000        945,889   

Boston Properties, L.P.
5.000%, 06/01/15

    200,000        213,300   

ERP Operating, L.P.
4.625%, 12/15/21

    896,000        945,846   

5.375%, 08/01/16

    260,000        288,675   

HCP, Inc.
5.375%, 02/01/21

    734,000        798,632   

Simon Property Group, L.P.
5.875%, 03/01/17

    1,328,000        1,498,844   
   

 

 

 
      4,691,186   
   

 

 

 

Retail—0.5%

  

Gap, Inc.
5.950%, 04/12/21

    620,000        686,963   

Home Depot, Inc.
3.750%, 02/15/24

    600,000        607,225   

5.950%, 04/01/41

    278,000        325,489   

Limited Brands, Inc.
5.250%, 11/01/14

    370,000        383,875   

Target Corp.
4.000%, 07/01/42 (a)

    1,023,000        908,901   

Wal-Mart Stores, Inc.
5.250%, 09/01/35

    1,830,000        1,960,969   
   

 

 

 
      4,873,422   
   

 

 

 

Telecommunications—0.5%

  

Crown Castle Towers, LLC
4.883%, 08/15/40 (144A)

    370,000        392,633   

6.113%, 01/15/40 (144A)

    711,000        804,186   

Rogers Communications, Inc.
6.800%, 08/15/18

    1,483,000        1,771,218   

State Grid Overseas Investment 2013, Ltd.
1.750%, 05/22/18 (144A) (a)

    486,000        473,893   

Telecom Italia Capital S.A.
5.250%, 11/15/13 (a)

    753,000        756,401   

Verizon Communications, Inc.
6.400%, 09/15/33

    1,271,000        1,411,462   
   

 

 

 
      5,609,793   
   

 

 

 

 

MSF-147


Table of Contents

Metropolitan Series Fund

MFS Total Return Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Corporate Bonds & Notes—(Continued)

 

Security Description       
Principal
Amount
    Value  

Transportation—0.0%

  

Norfolk Southern Corp.
4.837%, 10/01/41

  $ 402,000      $ 395,041   
   

 

 

 

Total Corporate Bonds & Notes
(Identified Cost $108,504,594)

      112,806,400   
   

 

 

 
Mortgage-Backed Securities—1.9%   

Collateralized-Mortgage Obligation—0.0%

  

BlackRock Capital Finance, L.P.
7.750%, 09/25/26 (144A)

    59,929        6,835   
   

 

 

 

Commercial Mortgage-Backed Securities—1.9%

  

Credit Suisse Mortgage Capital Certificates
5,695%, 09/15/40 (c)

    1,735,738        1,938,490   

General Electric Capital Assurance Co.
5.743%, 05/12/35 (144A) (d)

    35,000        40,211   

Greenwich Capital Commercial Funding Corp.
5.475%, 03/10/39

    3,025,000        3,187,288   

GS Mortgage Securities Trust
5.993%, 08/10/45 (c)

    3,539,527        3,926,061   

JPMorgan Chase Commercial Mortgage Securities Trust
5.382%, 05/15/41 (c)

    905,141        915,409   

5.475%, 04/15/43 (c)

    149,485        162,418   

6.003%, 06/15/49 (c)

    2,207,157        2,482,498   

Merrill Lynch/Countrywide Commercial Mortgage Trust
5.810%, 06/12/50 (c)

    2,071,962        2,313,613   

Morgan Stanley Capital I
1.113%, 11/15/30 (144A) (c) (e)

    1,857,656        56,499   

Spirit Master Funding, LLC
5.050%, 07/20/23 (144A) (d)

    841,943        850,362   

Wachovia Bank Commercial Mortgage Trust
5.936%, 06/15/49 (c)

    1,131,867        1,259,763   

6.123%, 02/15/51 (c)

    1,500,000        1,657,634   
   

 

 

 
      18,790,246   
   

 

 

 

Total Mortgage-Backed Securities
(Identified Cost $18,148,926)

      18,797,081   
   

 

 

 
Foreign Government—0.7%   

Sovereign—0.7%

  

Egypt Government AID Bonds
4.450%, 09/15/15

    1,903,000        2,047,729   

Iceland Government International Bond
4.875%, 06/16/16 (144A)

    970,000        1,014,620   

Mexico Government International Bond
4.750%, 03/08/44

    1,375,000        1,244,375   

Peruvian Government International Bond
7.350%, 07/21/25

    103,000        131,582   

Sovereign—(Continued)

  

Russian Foreign Bond
3.625%, 04/29/15 (d)

  2,100,000      2,181,900   

Societe Financement de l’Economie Francaise
3.375%, 05/05/14 (144A)

    730,000        743,213   
   

 

 

 

Total Foreign Government
(Identified Cost $7,276,594)

      7,363,419   
   

 

 

 
Asset-Backed Securities—0.4%   

Asset Backed—Home Equity—0.2%

  

Bayview Financial Revolving Mortgage Loan Trust
5.621%, 12/28/40 (144A) (c) (d)

    940,898        452,324   

GMAC Mortgage Corp. Loan Trust
5.874%, 10/25/36 (c)

    454,569        440,062   

Residential Funding Mortgage Securities II, Inc.
5.320%, 12/25/35 (c)

    1,109,162        762,621   
   

 

 

 
      1,655,007   
   

 

 

 

Asset Backed - Other—0.2%

  

Capital Trust Re CDO, Ltd.
5.160%, 06/25/35 (144A)

    182,661        187,282   

Race Point IV CLO, Ltd.
0.465%, 08/01/21 (144A) (c)

    830,000        818,431   

Small Business Administration Participation Certificates
4.350%, 07/01/23

    577,924        615,952   

4.770%, 04/01/24

    34,125        36,544   

4.950%, 03/01/25

    189,773        203,364   

4.990%, 09/01/24

    107,563        117,315   

5.110%, 08/01/25 (c)

    291,689        318,347   

5.180%, 05/01/24 (c)

    56,522        61,596   

5.520%, 06/01/24 (c)

    164,759        180,744   
   

 

 

 
      2,539,575   
   

 

 

 

Total Asset-Backed Securities
(Identified Cost $4,923,310)

      4,194,582   
   

 

 

 
Preferred Stock—0.4%   

Automobiles—0.2%

  

General Motors Co.

    35,920        1,801,388   
   

 

 

 

Electric Utilities—0.2%

  

Cia Energetica de Minas Gerais

    119,800        1,040,000   

PPL Corp.

    27,620        1,484,023   
   

 

 

 
      2,524,023   
   

 

 

 

Total Preferred Stock
(Identified Cost $4,448,345)

      4,325,411   
   

 

 

 

 

MSF-148


Table of Contents

Metropolitan Series Fund

MFS Total Return Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Municipal Bonds & Notes—0.2%

 

Security Description   Shares/
Principal
Amount
    Value  

Municipal Agency—0.2%

  

New Jersey State Turnpike Authority
7.414%, 01/01/40

  $ 1,050,000      $ 1,370,408   
   

 

 

 

Total Municipal Bonds & Notes
(Identified Cost $1,092,733)

      1,370,408   
   

 

 

 
Convertible Preferred Stock—0.0%   

Aerospace & Defense—0.0%

  

United Technologies Corp. (a)

    5,027        325,699   
   

 

 

 

Total Convertible Preferred Stock
(Identified Cost $253,156)

      325,699   
   

 

 

 
Short Term Investments—10.7%   

Mutual Funds—7.6%

   

State Street Navigator Securities Lending MET Portfolio (f)

    77,440,740        77,440,740   
   

 

 

 

Repurchase Agreement—3.1%

   

Fixed Income Clearing Corp. Repurchase Agreement dated 09/30/13 at 0.000% to be repurchased at $32,059,000 on 10/01/13, collateralized by $32,660,000 U.S. Treasury Note at 0.250% due 06/30/14 with a value of $32,700,825

    32,059,000        32,059,000   
   

 

 

 

Total Short Term Investments
(Identified Cost $109,499,740)

      109,499,740   
   

 

 

 

Total Investments—109.1%
(Identified Cost $962,860,447) (g)

      1,116,216,089   

Other assets and liabilities (net)—(9.1)%

      (92,644,622
   

 

 

 
Net Assets 100.0%     $ 1,023,571,467   
   

 

 

 

 

(a) All or a portion of the security was on loan. As of September 30, 2013, the market value of securities loaned was $76,309,548 and the collateral received consisted of cash in the amount of $77,440,740 and non-cash collateral with a value of $1,381,773. The cash collateral is invested in a money market fund managed by an affiliate of the custodian. The non-cash collateral received consists primarily of government securities and bank letters of credit, and is held for the benefit of the Portfolio at the Portfolio’s custodian. The Portfolio cannot repledge or resell this collateral.
(b) Non-Income Producing.
(c) Variable or Floating Rate Security. Rate disclosed is as of September 30, 2013.
(d) Restricted securities are not registered under the Securities Act of 1933 and are subject to legal restrictions on resale. These securities generally may be resold in transactions exempt from registration or to the public if the securities are subsequently registered. Disposal of these securities may involve time-consuming negotiations and prompt sale at an acceptable price may be difficult. As of September 30, 2013, the market value of restricted securities was $3,657,845 which is 0.4% of net assets. See details below.
(e) Interest Only Certificate. This security receives monthly interest payments but is not entitled to principal payments. The principal amount shown reflects the notional amount of the security.
(f) Represents investment of cash collateral received from securities lending transactions.
(g) As of September 30, 2013, the aggregate cost of investments was $962,860,447. The aggregate unrealized appreciation and depreciation of investments was $164,308,642 and $(10,953,000), respectively, resulting in net unrealized appreciation of $153,355,642.
(144A)— Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of September 30, 2013, the market value of 144A securities was $29,753,286, which is 2.9% of net assets.
(ACES)— Alternative Credit Enhancement Securities.
(CDO)— Collateralized Debt Obligation.
(CLO)— Collateralized Loan Obligation.
(TBA)— A contract for the purchase or sale of a Mortgage Backed Security to be delivered at a future date but does not include a specified pool or precise amount to be delivered.

Restricted Securities

 

Security Description

   Acquisition
Date
     Principal
Amount
     Cost      Value  

Bayview Financial Revolving Mortgage Loan Trust
(5.621%, 12/28/40)

     03/01/06       $ 940,898       $ 950,080       $ 452,324   

General Electric Capital Assurance Co.
(5.743%, 05/12/35)

     09/23/03         35,000         35,175         40,211   

GG1C Funding Corp.
(5.129%, 01/15/14)

     04/20/04         132,568         133,378         133,048   

Russian Foreign Bond
(3.625%, 04/29/15)

     04/22/10         2,100,000         2,095,733         2,181,900   

Spirit Master Funding, LLC
(5.050%, 07/20/23)

     10/04/05         841,943         856,050         850,362   

 

MSF-149


Table of Contents

Metropolitan Series Fund

MFS Total Return Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

Fair Value Hierarchy

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive if it were to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. GAAP establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1- unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1      Level 2      Level 3      Total  
Common Stock            

Aerospace & Defense

   $ 34,452,143       $ —         $ —         $ 34,452,143   

Air Freight & Logistics

     4,861,249         —           —           4,861,249   

Airlines

     1,057,775         —           —           1,057,775   

Auto Components

     15,253,893         —           —           15,253,893   

Automobiles

     3,606,712         —           —           3,606,712   

Beverages

     3,023,227         5,350,899         —           8,374,126   

Capital Markets

     27,513,272         —           —           27,513,272   

Chemicals

     13,723,426         —           —           13,723,426   

Commercial Banks

     20,532,536         4,983,910         —           25,516,446   

Commercial Services & Supplies

     3,188,917         —           —           3,188,917   

Computers & Peripherals

     8,598,363         —           —           8,598,363   

Construction & Engineering

     989,679         —           —           989,679   

Consumer Finance

     1,171,089         —           —           1,171,089   

Containers & Packaging

     1,260,991         —           —           1,260,991   

Diversified Financial Services

     27,043,244         —           —           27,043,244   

Diversified Telecommunication Services

     16,374,139         2,849,167         —           19,223,306   

Electric Utilities

     7,077,484         1,134,083         —           8,211,567   

Electrical Equipment

     3,591,865         —           —           3,591,865   

Electronic Equipment, Instruments & Components

     —           893,073         —           893,073   

Energy Equipment & Services

     3,289,018         —           —           3,289,018   

Food & Staples Retailing

     15,258,515         —           —           15,258,515   

Food Products

     10,037,977         9,630,974         —           19,668,951   

Health Care Equipment & Supplies

     9,770,334         —           —           9,770,334   

Health Care Providers & Services

     5,034,606         —           —           5,034,606   

Hotels, Restaurants & Leisure

     3,753,454         —           —           3,753,454   

Household Durables

     3,045,869         —           —           3,045,869   

Household Products

     5,763,889         1,172,104         —           6,935,993   

Independent Power Producers & Energy Traders

     946,274         —           —           946,274   

Industrial Conglomerates

     15,371,171         1,731,831         —           17,103,002   

Insurance

     36,701,053         5,135,827         —           41,836,880   

Internet Software & Services

     5,501,646         —           —           5,501,646   

IT Services

     15,336,925         —           —           15,336,925   

Leisure Equipment & Products

     2,028,811         —           —           2,028,811   

Life Sciences Tools & Services

     5,612,856         —           —           5,612,856   

Machinery

     7,400,516         —           —           7,400,516   

Media

     28,977,823         —           —           28,977,823   

Metals & Mining

     1,455,789         1,856,791         —           3,312,580   

Multi-Utilities

     3,366,475         3,853,893         —           7,220,368   

 

MSF-150


Table of Contents

Metropolitan Series Fund

MFS Total Return Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Fair Value Hierarchy—(Continued)

 

Description    Level 1      Level 2     Level 3      Total  

Multiline Retail

   $ 10,782,746       $ —        $ —         $ 10,782,746   

Office Electronics

     —           1,805,539        —           1,805,539   

Oil, Gas & Consumable Fuels

     53,841,628         3,000,448        —           56,842,076   

Pharmaceuticals

     53,111,472         2,555,059        —           55,666,531   

Professional Services

     203,858         —          —           203,858   

Real Estate Investment Trusts

     3,535,904         663,423        —           4,199,327   

Road & Rail

     2,235,876         —          —           2,235,876   

Semiconductors & Semiconductor Equipment

     8,385,422         —          —           8,385,422   

Software

     12,417,186         —          —           12,417,186   

Specialty Retail

     3,651,989         —          —           3,651,989   

Textiles, Apparel & Luxury Goods

     1,066,124         —          —           1,066,124   

Tobacco

     28,727,811         —          —           28,727,811   

Wireless Telecommunication Services

     —           2,571,237        —           2,571,237   

Total Common Stock

     549,933,021         49,188,258        —           599,121,279   

Total U.S. Treasury & Government Agencies*

     —           258,412,070        —           258,412,070   

Total Corporate Bonds & Notes*

     —           112,806,400        —           112,806,400   

Total Mortgage-Backed Securities*

     —           18,797,081        —           18,797,081   

Total Foreign Government*

     —           7,363,419        —           7,363,419   

Total Asset-Backed Securities*

     —           4,194,582        —           4,194,582   

Total Preferred Stock*

     4,325,411         —          —           4,325,411   

Total Municipal Bonds & Notes*

     —           1,370,408        —           1,370,408   

Total Convertible Preferred Stock*

     325,699         —          —           325,699   
Short Term Investments           

Mutual Funds

     77,440,740         —          —           77,440,740   

Repurchase Agreement

     —           32,059,000        —           32,059,000   

Total Short Term Investments

     77,440,740         32,059,000        —           109,499,740   

Total Investments

   $ 632,024,871       $ 484,191,218      $ —         $ 1,116,216,089   
                                    

Collateral for Securities Loaned (Liability)

   $ —         $ (77,440,740   $ —         $ (77,440,740

 

* See Schedule of Investments for additional detailed categorizations.

 

MSF-151


Table of Contents

Metropolitan Series Fund

MFS Value Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stock—99.5% of Net Assets

 

Security Description   Shares     Value  

Aerospace & Defense—8.2%

  

Honeywell International, Inc.

    838,771      $ 69,651,544   

Lockheed Martin Corp.

    912,310        116,365,140   

Northrop Grumman Corp.

    410,829        39,135,571   

United Technologies Corp.

    727,414        78,429,777   
   

 

 

 
      303,582,032   
   

 

 

 

Air Freight & Logistics—1.6%

  

United Parcel Service, Inc. (Class B)

    652,530        59,621,666   
   

 

 

 

Auto Components—1.7%

  

Delphi Automotive plc

    477,130        27,873,935   

Johnson Controls, Inc.

    880,511        36,541,206   
   

 

 

 
      64,415,141   
   

 

 

 

Automobiles—0.2%

  

General Motors Co. (a)

    231,850        8,339,645   
   

 

 

 

Beverages—2.5%

  

Coca-Cola Enterprises, Inc.

    337,620        13,575,700   

Diageo plc

    1,955,258        62,131,518   

Dr. Pepper Snapple Group, Inc.

    378,860        16,980,505   
   

 

 

 
      92,687,723   
   

 

 

 

Capital Markets—6.2%

  

Bank of New York Mellon Corp.

    1,730,251        52,236,278   

BlackRock, Inc.

    121,772        32,953,938   

Franklin Resources, Inc.

    666,265        33,679,696   

Goldman Sachs Group, Inc.

    484,359        76,630,437   

State Street Corp.

    542,824        35,690,678   
   

 

 

 
      231,191,027   
   

 

 

 

Chemicals—2.5%

  

Air Products & Chemicals, Inc. (b)

    250,142        26,657,633   

PPG Industries, Inc.

    370,396        61,878,356   

Valspar Corp.

    52,760        3,346,567   
   

 

 

 
      91,882,556   
   

 

 

 

Commercial Banks—3.7%

  

PNC Financial Services Group, Inc.

    416,678        30,188,321   

Wells Fargo & Co.

    2,568,598        106,134,469   
   

 

 

 
      136,322,790   
   

 

 

 

Commercial Services & Supplies—1.0%

  

Tyco International, Ltd.

    1,102,824        38,576,784   
   

 

 

 

Computers & Peripherals—0.2%

  

Hewlett-Packard Co.

    302,051        6,337,030   
   

 

 

 

Containers & Packaging—0.2%

  

Crown Holdings, Inc. (a)

    172,000        7,272,160   
   

 

 

 

Diversified Financial Services—5.2%

  

JPMorgan Chase & Co.

    2,700,411        139,584,244   

McGraw-Hill Cos., Inc.

    283,910        18,621,657   

Diversified Financial Services—(Continued)

  

Moody’s Corp.

    322,610      22,689,161   

NASDAQ OMX Group, Inc.

    421,319        13,520,127   
   

 

 

 
      194,415,189   
   

 

 

 

Diversified Telecommunication Services—2.1%

  

AT&T, Inc.

    1,598,541        54,062,656   

Verizon Communications, Inc.

    547,930        25,566,414   
   

 

 

 
      79,629,070   
   

 

 

 

Electric Utilities—0.5%

  

Duke Energy Corp.

    142,800        9,536,184   

PPL Corp.

    332,307        10,095,487   
   

 

 

 
      19,631,671   
   

 

 

 

Electrical Equipment—0.9%

  

Eaton Corp. plc

    494,702        34,055,286   
   

 

 

 

Food & Staples Retailing—1.6%

  

CVS Caremark Corp.

    1,015,184        57,611,692   
   

 

 

 

Food Products—4.4%

  

Danone

    458,977        34,558,134   

General Mills, Inc.

    1,118,016        53,575,327   

J.M. Smucker Co.

    26,809        2,816,018   

Kellogg Co.

    196,637        11,548,491   

Nestle S.A.

    851,919        59,670,219   
   

 

 

 
      162,168,189   
   

 

 

 

Health Care Equipment & Supplies—2.5%

  

Covidien plc

    262,800        16,015,032   

Medtronic, Inc.

    803,820        42,803,415   

St. Jude Medical, Inc.

    632,022        33,901,660   
   

 

 

 
      92,720,107   
   

 

 

 

Health Care Providers & Services—1.3%

  

Express Scripts Holding Co. (a)

    501,500        30,982,670   

Quest Diagnostics, Inc. (b)

    265,040        16,376,822   
   

 

 

 
      47,359,492   
   

 

 

 

Hotels, Restaurants & Leisure—0.7%

  

McDonald’s Corp.

    250,852        24,134,471   
   

 

 

 

Household Durables—1.0%

  

Stanley Black & Decker, Inc.

    422,251        38,243,273   
   

 

 

 

Household Products—0.5%

  

Procter & Gamble Co.

    258,772        19,560,575   
   

 

 

 

Industrial Conglomerates—3.2%

  

3M Co.

    605,699        72,326,518   

Danaher Corp.

    672,022        46,584,565   
   

 

 

 
      118,911,083   
   

 

 

 

 

MSF-152


Table of Contents

Metropolitan Series Fund

MFS Value Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stock—(Continued)

 

Security Description       
    
Shares
    Value  

Insurance—7.4%

  

ACE, Ltd.

    437,093      $ 40,894,421   

Aon plc

    509,169        37,902,541   

Chubb Corp.

    542,504        48,423,907   

Prudential Financial, Inc.

    894,452        69,749,367   

Travelers Cos., Inc.

    912,955        77,391,195   
   

 

 

 
      274,361,431   
   

 

 

 

IT Services—5.2%

  

Accenture plc

    1,037,019        76,366,079   

Fidelity National Information Services, Inc.

    217,340        10,093,270   

Fiserv, Inc. (a)

    197,040        19,910,892   

International Business Machines Corp.

    391,240        72,449,823   

Western Union Co. (b)

    690,826        12,890,813   
   

 

 

 
      191,710,877   
   

 

 

 

Leisure Equipment & Products—0.6%

  

Hasbro, Inc. (b)

    438,581        20,674,708   
   

 

 

 

Life Sciences Tools & Services—1.2%

  

Thermo Fisher Scientific, Inc.

    495,858        45,693,315   
   

 

 

 

Machinery—0.9%

  

Illinois Tool Works, Inc.

    215,714        16,452,507   

Pentair, Ltd.

    248,148        16,114,731   
   

 

 

 
      32,567,238   
   

 

 

 

Media—4.5%

  

Comcast Corp. (Class A)

    825,380        35,796,730   

Omnicom Group, Inc. (b)

    672,577        42,668,285   

Viacom, Inc. (Class B)

    416,970        34,850,353   

Walt Disney Co.

    845,980        54,557,250   
   

 

 

 
      167,872,618   
   

 

 

 

Multi-Utilities—0.2%

  

Public Service Enterprise Group, Inc.

    195,061        6,423,359   
   

 

 

 

Multiline Retail—1.7%

  

Kohl’s Corp. (b)

    191,170        9,893,048   

Target Corp.

    821,840        52,581,323   
   

 

 

 
      62,474,371   
   

 

 

 

Oil, Gas & Consumable Fuels—6.2%

  

Apache Corp.

    229,999        19,582,115   

Chevron Corp.

    530,084        64,405,206   

EOG Resources, Inc.

    101,740        17,222,547   

Exxon Mobil Corp.

    839,823        72,258,371   

Occidental Petroleum Corp.

    595,032        55,659,293   
   

 

 

 
      229,127,532   
   

 

 

 

Pharmaceuticals—9.6%

  

Abbott Laboratories

    1,196,846        39,723,319   

AbbVie, Inc.

    329,646        14,745,065   

Pharmaceuticals—(Continued)

  

Johnson & Johnson

    1,492,671      129,399,649   

Merck & Co., Inc.

    668,507        31,827,618   

Pfizer, Inc.

    4,063,921        116,675,172   

Roche Holding AG

    85,419        23,042,432   

Zoetis, Inc.

    36,050        1,121,876   
   

 

 

 
      356,535,131   
   

 

 

 

Professional Services—0.1%

  

Dun & Bradstreet Corp. (b)

    35,993        3,737,873   
   

 

 

 

Real Estate Management & Development—0.1%

  

Canary Wharf Group plc (a) (c)

    767,618        3,519,967   
   

 

 

 

Road & Rail—0.6%

  

Canadian National Railway Co.

    224,585        22,766,181   
   

 

 

 

Semiconductors & Semiconductor Equipment—0.6%

  

Intel Corp.

    1,030,207        23,612,344   
   

 

 

 

Software—1.2%

  

Oracle Corp.

    1,369,016        45,410,261   
   

 

 

 

Specialty Retail—0.7%

  

Advance Auto Parts, Inc.

    241,682        19,982,268   

Staples, Inc. (b)

    533,100        7,809,915   
   

 

 

 
      27,792,183   
   

 

 

 

Tobacco—5.5%

  

Altria Group, Inc.

    498,176        17,112,346   

Lorillard, Inc. (b)

    918,170        41,115,652   

Philip Morris International, Inc.

    1,665,317        144,199,799   
   

 

 

 
      202,427,797   
   

 

 

 

Wireless Telecommunication Services—1.3%

  

Vodafone Group plc

    13,154,344        46,385,203   
   

 

 

 

Total Common Stock
(Identified Cost $2,731,704,683)

      3,691,761,041   
   

 

 

 
Convertible Preferred Stock—0.1%   

Aerospace & Defense—0.1%

  

United Technologies Corp. (b)

    61,790        4,003,374   
   

 

 

 

Total Convertible Preferred Stock
(Identified Cost $3,212,071)

      4,003,374   
   

 

 

 
Short Term Investments—2.4%   

Commercial Paper—0.3%

  

General Electric Capital Corp.
0.010%, 10/01/13

  $ 11,924,000        11,924,000   
   

 

 

 

 

MSF-153


Table of Contents

Metropolitan Series Fund

MFS Value Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Short Term Investments—(Continued)

 

Security Description   Shares     Value  

Mutual Funds—2.1%

  

State Street Navigator Securities Lending MET Portfolio (d)

    78,314,034      $ 78,314,034   
   

 

 

 

Total Short Term Investments
(Identified Cost $90,238,034)

      90,238,034   
   

 

 

 

Total Investments—102.0%
(Identified Cost $2,825,154,788) (e)

      3,786,002,449   

Other assets and liabilities (net)—(2.0)%

      (74,402,817
   

 

 

 
Net Assets—100.0%     $ 3,711,599,632   
   

 

 

 

 

(a) Non-Income Producing.
(b) All or a portion of the security was on loan. As of September 30, 2013, the market value of securities loaned was $83,560,690 and the collateral received consisted of cash in the amount of $78,314,034 and non-cash collateral with a value of $7,536,330. The cash collateral is invested in a money market fund managed by an affiliate of the custodian. The non-cash collateral received consists primarily of government securities and bank letters of credit, and is held for the benefit of the Portfolio at the Portfolio’s custodian. The Portfolio cannot repledge or resell this collateral.
(c) Security was valued in good faith under procedures approved by the Board of Trustees. As of September 30, 2013, these securities represent 0.1% of net assets.
(d) Represents investment of cash collateral received from securities lending transactions.
(e) As of September 30, 2013, the aggregate cost of investments was $2,825,154,788. The aggregate unrealized appreciation and depreciation of investments was $964,463,199 and $(3,615,538), respectively, resulting in net unrealized appreciation of $960,847,661.

 

MSF-154


Table of Contents

Metropolitan Series Fund

MFS Value Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

Fair Value Hierarchy

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive if it were to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. GAAP establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1      Level 2      Level 3      Total  
Common Stock            

Aerospace & Defense

   $ 303,582,032       $ —         $ —         $ 303,582,032   

Air Freight & Logistics

     59,621,666         —           —           59,621,666   

Auto Components

     64,415,141         —           —           64,415,141   

Automobiles

     8,339,645         —           —           8,339,645   

Beverages

     30,556,205         62,131,518         —           92,687,723   

Capital Markets

     231,191,027         —           —           231,191,027   

Chemicals

     91,882,556         —           —           91,882,556   

Commercial Banks

     136,322,790         —           —           136,322,790   

Commercial Services & Supplies

     38,576,784         —           —           38,576,784   

Computers & Peripherals

     6,337,030         —           —           6,337,030   

Containers & Packaging

     7,272,160         —           —           7,272,160   

Diversified Financial Services

     194,415,189         —           —           194,415,189   

Diversified Telecommunication Services

     79,629,070         —           —           79,629,070   

Electric Utilities

     19,631,671         —           —           19,631,671   

Electrical Equipment

     34,055,286         —           —           34,055,286   

Food & Staples Retailing

     57,611,692         —           —           57,611,692   

Food Products

     67,939,836         94,228,353         —           162,168,189   

Health Care Equipment & Supplies

     92,720,107         —           —           92,720,107   

Health Care Providers & Services

     47,359,492         —           —           47,359,492   

Hotels, Restaurants & Leisure

     24,134,471         —           —           24,134,471   

Household Durables

     38,243,273         —           —           38,243,273   

Household Products

     19,560,575         —           —           19,560,575   

Industrial Conglomerates

     118,911,083         —           —           118,911,083   

Insurance

     274,361,431         —           —           274,361,431   

IT Services

     191,710,877         —           —           191,710,877   

Leisure Equipment & Products

     20,674,708         —           —           20,674,708   

Life Sciences Tools & Services

     45,693,315         —           —           45,693,315   

Machinery

     32,567,238         —           —           32,567,238   

Media

     167,872,618         —           —           167,872,618   

Multi-Utilities

     6,423,359         —           —           6,423,359   

Multiline Retail

     62,474,371         —           —           62,474,371   

Oil, Gas & Consumable Fuels

     229,127,532         —           —           229,127,532   

Pharmaceuticals

     333,492,699         23,042,432         —           356,535,131   

Professional Services

     3,737,873         —           —           3,737,873   

Real Estate Management & Development

     —           —           3,519,967         3,519,967   

Road & Rail

     22,766,181         —           —           22,766,181   

Semiconductors & Semiconductor Equipment

     23,612,344         —           —           23,612,344   

Software

     45,410,261         —           —           45,410,261   

 

MSF-155


Table of Contents

Metropolitan Series Fund

MFS Value Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Fair Value Hierarchy—(Continued)

 

Description    Level 1      Level 2     Level 3      Total  

Specialty Retail

   $ 27,792,183       $ —        $ —         $ 27,792,183   

Tobacco

     202,427,797         —          —           202,427,797   

Wireless Telecommunication Services

     —           46,385,203        —           46,385,203   

Total Common Stock

     3,462,453,568         225,787,506        3,519,967         3,691,761,041   
Convertible Preferred Stock           

Aerospace & Defense

     4,003,374         —          —           4,003,374   
Short Term Investments           

Commercial Paper

     —           11,924,000        —           11,924,000   

Mutual Funds

     78,314,034         —          —           78,314,034   

Total Short Term Investments

     78,314,034         11,924,000        —           90,238,034   

Total Investments

   $ 3,544,770,976       $ 237,711,506      $ 3,519,967       $ 3,786,002,449   
                                    

Collateral for Securities Loaned (Liability)

   $ —         $ (78,314,034   $ —         $ (78,314,034
                                    

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:

 

      Common
Stock
 

Balance as of December 31, 2012

   $ 0   

Transfers into Level 3

     0   

Transfers out of Level 3

     0   

Accrued discounts/premiums

     0   

Realized gain

     0   

Change in unrealized depreciation

     (153,209

Security purchases*

     3,673,176   

Security sales

     0   

Balance as of September 30, 2013

   $ 3,519,967   

The change in unrealized depreciation on investments held at September 30, 2013 was $(153,209).

 

* Security was acquired as a result of the merger with the Met Investors Series Trust Met/Franklin Mutual Shares Portfolio. Purchase amount shown above reflects the value of the security on the date of the merger.

 

MSF-156


Table of Contents

Metropolitan Series Fund

MSCI EAFE Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—96.8% of Net Assets

 

Security Description   Shares     Value  

Australia—7.7%

   

AGL Energy, Ltd.

    41,243      $ 594,931   

ALS, Ltd.

    24,515        240,914   

Alumina, Ltd. (a)

    191,453        184,307   

Amcor, Ltd.

    83,008        814,118   

AMP, Ltd.

    206,717        891,211   

APA Group

    59,114        330,140   

Asciano, Ltd.

    81,909        446,574   

ASX, Ltd.

    12,194        393,869   

Aurizon Holdings, Ltd.

    157,842        691,029   

Australia & New Zealand Banking Group, Ltd.

    190,466        5,486,039   

Bendigo and Adelaide Bank, Ltd. (b)

    35,779        335,371   

BHP Billiton, Ltd.

    222,200        7,428,250   

Boral, Ltd.

    61,162        274,572   

Brambles, Ltd.

    111,315        948,886   

Caltex Australia, Ltd.

    9,532        166,107   

CFS Retail Property Trust

    151,292        283,053   

Coca-Cola Amatil, Ltd.

    42,510        487,398   

Cochlear, Ltd. (b)

    3,466        196,107   

Commonwealth Bank of Australia

    111,859        7,452,937   

Computershare, Ltd.

    29,681        275,481   

Crown, Ltd.

    29,464        428,529   

CSL, Ltd.

    35,686        2,134,051   

Dexus Property Group (REIT)

    302,183        284,177   

Echo Entertainment Group, Ltd.

    52,682        136,519   

Federation Centres, Ltd.

    91,872        195,983   

Flight Centre, Ltd.

    4,009        181,196   

Fortescue Metals Group, Ltd. (b)

    100,245        445,885   

Goodman Group (REIT)

    110,907        506,433   

GPT Group (REIT)

    121,517        395,453   

Iluka Resources, Ltd.

    29,031        311,446   

Incitec Pivot, Ltd.

    103,981        261,995   

Insurance Australia Group, Ltd.

    142,016        779,604   

Leighton Holdings, Ltd.

    10,872        195,758   

Lend Lease Group

    37,629        357,559   

Macquarie Group, Ltd.

    20,913        937,785   

Metcash, Ltd. (b)

    63,044        188,910   

Mirvac Group (REIT)

    298,553        485,820   

National Australia Bank, Ltd.

    162,650        5,223,416   

Newcrest Mining, Ltd.

    54,807        600,120   

Orica, Ltd.

    26,176        491,124   

Origin Energy, Ltd.

    78,717        1,037,923   

QBE Insurance Group, Ltd.

    82,246        1,128,489   

Ramsay Health Care, Ltd.

    8,883        300,883   

Rio Tinto, Ltd.

    29,750        1,719,062   

Santos, Ltd.

    67,710        958,192   

Seek, Ltd.

    22,233        247,045   

Sonic Healthcare, Ltd.

    24,290        367,769   

SP AusNet

    106,030        118,983   

Stockland (REIT)

    161,293        583,729   

Suncorp Group, Ltd.

    87,148        1,066,135   

TABCORP Holdings, Ltd.

    43,902        134,692   

Tatts Group, Ltd.

    123,533        358,128   

Telstra Corp., Ltd.

    304,819        1,416,908   

Toll Holdings, Ltd.

    41,980        228,892   

Transurban Group

    94,803        602,824   

Treasury Wine Estates, Ltd.

    46,412        191,900   

Wesfarmers, Ltd.

    68,991        2,654,546   

Australia—(Continued)

   

Westfield Group (REIT)

    143,754      1,480,023   

Westfield Retail Trust

    237,565        660,085   

Westpac Banking Corp.

    215,409        6,597,761   

Woodside Petroleum, Ltd.

    46,091        1,651,948   

Woolworths, Ltd.

    86,535        2,833,155   

WorleyParsons, Ltd.

    14,841        337,754   
   

 

 

 
      69,139,883   
   

 

 

 

Austria—0.3%

   

Andritz AG

    5,184        305,378   

Erste Group Bank AG

    20,764        656,633   

IMMOFINANZ AG (a)

    66,338        289,788   

OMV AG

    10,147        501,743   

Raiffeisen Bank International AG (b)

    3,490        114,285   

Vienna Insurance Group AG Wiener Versicherung Gruppe

    2,911        149,547   

Voestalpine AG

    10,013        479,316   
   

 

 

 
      2,496,690   
   

 

 

 

Belgium—1.1%

   

Ageas

    15,573        631,269   

Anheuser-Busch InBev NV

    55,726        5,542,041   

Belgacom S.A.

    10,680        284,154   

Colruyt S.A.

    5,430        301,654   

Delhaize Group S.A.

    6,756        426,185   

Groupe Bruxelles Lambert S.A.

    5,072        431,664   

KBC Groep NV

    16,494        811,142   

Solvay S.A.

    3,743        561,758   

Telenet Group Holding NV

    4,184        208,475   

UCB S.A.

    7,958        484,738   

Umicore S.A. (b)

    8,519        414,166   
   

 

 

 
      10,097,246   
   

 

 

 

China—0.0%

   

AAC Technologies Holdings, Inc. (b)

    51,000        232,720   
   

 

 

 

Denmark—1.1%

   

AP Moeller - Maersk A/S - Class A

    35        302,833   

AP Moeller - Maersk A/S - Class B

    88        808,620   

Carlsberg A/S - Class B

    7,997        824,282   

Coloplast A/S - Class B

    7,043        401,221   

Danske Bank A/S (a)

    44,352        955,239   

DSV A/S

    13,261        376,379   

Novo Nordisk A/S - Class B

    27,644        4,689,368   

Novozymes A/S - B Shares

    16,065        614,847   

TDC A/S

    59,338        502,341   

Tryg A/S

    1,747        160,897   

William Demant Holding A/S (a)

    1,624        150,168   
   

 

 

 
      9,786,195   
   

 

 

 

Finland—0.9%

   

Elisa Oyj (b)

    9,437        225,201   

Fortum OYJ (b)

    31,487        710,931   

Kesko Oyj - B Shares

    4,472        134,293   

Kone Oyj - Class B

    10,804        965,913   

 

MSF-157


Table of Contents

Metropolitan Series Fund

MSCI EAFE Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Finland—(Continued)

   

Metso Oyj (b)

    10,622      $ 417,163   

Neste Oil Oyj

    9,073        201,492   

Nokia Oyj (a) (b)

    264,520        1,727,589   

Nokian Renkaat Oyj (b)

    7,322        372,073   

Orion Oyj - Class B (b)

    6,402        161,392   

Pohjola Bank plc - A Shares

    9,006        149,758   

Sampo Oyj - A Shares

    27,993        1,203,791   

Stora Enso Oyj - R Shares (b)

    40,497        343,410   

UPM-Kymmene Oyj (b)

    38,111        527,928   

Wartsila Oyj Abp

    12,482        563,735   
   

 

 

 
      7,704,669   
   

 

 

 

France—9.1%

   

Accor S.A.

    12,668        527,259   

Aeroports de Paris

    2,209        231,356   

Air Liquide S.A. (b)

    21,485        2,994,949   

Alstom S.A.

    14,355        511,814   

Arkema S.A.

    4,440        495,098   

Atos Origin S.A. (b)

    3,953        309,106   

AXA S.A.

    122,200        2,837,598   

BNP Paribas S.A.

    68,921        4,667,729   

Bouygues S.A. (b)

    12,810        467,938   

Bureau Veritas S.A.

    15,060        475,114   

Cap Gemini S.A.

    9,755        580,938   

Carrefour S.A.

    42,840        1,469,131   

Casino Guichard Perrachon S.A.

    4,364        450,234   

CGG (a)

    11,374        262,390   

Christian Dior S.A.

    3,598        706,304   

Cie de St-Gobain

    27,625        1,369,433   

Cie Generale des Etablissements Michelin

    12,929        1,434,574   

CNP Assurances

    10,520        189,720   

Credit Agricole S.A. (a)

    71,301        787,281   

Danone S.A.

    39,651        2,987,242   

Dassault Systemes S.A. (b)

    4,077        545,049   

Edenred S.A.

    13,868        450,664   

Electricite de France S.A.

    17,389        550,492   

Essilor International S.A.

    13,981        1,505,073   

Eurazeo

    2,143        137,632   

Eutelsat Communications S.A.

    8,516        269,474   

Fonciere Des Regions (REIT) (b)

    1,625        134,902   

GDF Suez

    92,031        2,314,539   

Gecina S.A.

    1,319        168,967   

Groupe Eurotunnel S.A.

    42,941        391,672   

ICADE (REIT)

    2,071        189,337   

Iliad S.A.

    1,838        429,116   

Imerys S.A.

    2,253        157,537   

JCDecaux S.A.

    4,706        173,614   

Kering (b)

    5,248        1,177,378   

Klepierre (REIT)

    6,803        295,268   

L’Oreal S.A.

    16,452        2,828,202   

Lafarge S.A.

    13,327        928,800   

Lagardere SCA

    8,303        269,852   

Legrand S.A.

    18,368        1,020,977   

LVMH Moet Hennessy Louis Vuitton S.A.

    17,444        3,439,973   

Natixis

    61,277        293,656   

Orange S.A.

    128,590        1,613,953   

France—(Continued)

   

Pernod-Ricard S.A.

    14,719      1,829,882   

Publicis Groupe S.A. (b)

    12,590        1,002,769   

Remy Cointreau S.A. (b)

    1,600        170,637   

Renault S.A.

    12,949        1,033,680   

Rexel S.A.

    14,722        375,044   

Safran S.A.

    18,407        1,134,949   

Sanofi

    82,641        8,385,465   

Schneider Electric S.A.

    36,592        3,097,985   

SCOR SE

    11,686        387,477   

SES S.A.

    20,693        592,631   

Societe BIC S.A.

    1,753        203,981   

Societe Generale S.A.

    48,701        2,430,261   

Sodexo

    6,625        618,900   

Suez Environnement Co.

    22,682        368,232   

Technip S.A.

    6,959        817,876   

Thales S.A.

    6,811        374,568   

Total S.A. (b)

    148,344        8,627,052   

Unibail-Rodamco SE

    6,973        1,731,907   

Vallourec S.A.

    8,091        485,220   

Veolia Environnement S.A.

    23,240        397,354   

Vinci S.A.

    32,357        1,882,645   

Vivendi S.A.

    81,253        1,871,077   

Wendel S.A.

    2,267        307,542   

Zodiac Aerospace

    2,442        388,993   
   

 

 

 
      81,557,462   
   

 

 

 

Germany—7.9%

   

Adidas AG

    15,199        1,651,531   

Allianz SE

    31,630        4,975,296   

Axel Springer AG (b)

    3,006        167,365   

BASF SE

    63,713        6,121,036   

Bayer AG

    57,362        6,767,796   

Bayerische Motoren Werke (BMW) AG

    22,977        2,471,601   

Beiersdorf AG

    6,805        604,630   

Brenntag AG

    4,053        675,383   

Celesio AG

    5,900        132,911   

Commerzbank AG (a)

    66,178        762,406   

Continental AG

    7,824        1,326,882   

Daimler AG

    66,735        5,204,794   

Deutsche Bank AG

    70,259        3,227,896   

Deutsche Boerse AG

    12,868        968,872   

Deutsche Lufthansa AG (a)

    17,782        347,004   

Deutsche Post AG

    62,935        2,091,018   

Deutsche Telekom AG

    200,660        2,912,233   

E.ON SE

    123,175        2,192,196   

Fraport AG Frankfurt Airport Services Worldwide (b)

    2,305        161,935   

Fresenius Medical Care AG & Co. KGaA

    14,375        935,611   

Fresenius SE & Co. KGaA

    8,867        1,102,133   

GEA Group AG

    12,718        522,507   

Hannover Rueck SE

    3,778        278,020   

HeidelbergCement AG

    9,200        709,980   

Henkel AG & Co. KGaA

    8,633        765,028   

Hochtief AG

    2,679        234,030   

Hugo Boss AG

    2,160        279,657   

Infineon Technologies AG

    73,323        733,970   

 

MSF-158


Table of Contents

Metropolitan Series Fund

MSCI EAFE Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Germany—(Continued)

   

K&S AG (b)

    11,843      $ 307,180   

Kabel Deutschland Holding AG (b)

    1,650        209,932   

Lanxess AG

    5,523        358,724   

Linde AG

    13,162        2,609,841   

MAN SE

    3,042        362,980   

Merck KGaA

    4,259        665,056   

Metro AG

    8,734        346,733   

Muenchener Rueckversicherungs AG

    12,534        2,453,169   

OSRAM Licht AG (a)

    5,409        254,082   

ProSiebenSat.1 Media AG

    7,264        308,538   

RWE AG

    34,949        1,190,404   

SAP AG

    63,917        4,727,030   

Siemens AG

    55,001        6,634,792   

Suedzucker AG

    5,881        173,375   

Telefonica Deutschland Holding AG

    19,300        152,511   

ThyssenKrupp AG (a)

    26,592        636,909   

United Internet AG

    8,781        332,953   

Volkswagen AG

    1,873        425,079   
   

 

 

 
      70,473,009   
   

 

 

 

Greece—0.0%

   

Hellenic Telecommunications Organization S.A. (a)

    16,970        177,029   

OPAP S.A.

    15,589        174,368   
   

 

 

 
      351,397   
   

 

 

 

Hong Kong—2.9%

   

AIA Group, Ltd.

    828,200        3,899,308   

ASM Pacific Technology, Ltd.

    14,200        144,008   

Bank of East Asia, Ltd. (b)

    103,920        439,883   

BOC Hong Kong Holdings, Ltd.

    253,965        816,463   

Cathay Pacific Airways, Ltd.

    87,000        170,129   

Cheung Kong Holdings, Ltd.

    97,000        1,475,631   

Cheung Kong Infrastructure Holdings, Ltd.

    43,000        298,567   

CLP Holdings, Ltd.

    123,877        1,010,617   

First Pacific Co., Ltd.

    173,250        190,923   

Galaxy Entertainment Group, Ltd. (a)

    149,000        1,047,956   

Hang Lung Properties, Ltd.

    161,000        549,560   

Hang Seng Bank, Ltd.

    53,200        867,018   

Henderson Land Development Co., Ltd.

    73,700        456,170   

HKT Trust / HKT, Ltd.

    161,000        151,344   

Hong Kong & China Gas Co., Ltd.

    401,967        963,823   

Hong Kong Exchanges and Clearing, Ltd.

    73,400        1,176,520   

Hopewell Holdings, Ltd.

    25,000        83,888   

Hutchison Whampoa, Ltd.

    149,000        1,790,269   

Hysan Development Co., Ltd.

    45,000        201,239   

Kerry Properties, Ltd.

    46,500        198,388   

Li & Fung, Ltd. (b)

    429,600        626,120   

Link REIT (The)

    161,141        789,953   

MGM China Holdings, Ltd.

    71,200        238,907   

MTR Corp., Ltd.

    95,000        376,346   

New World Development Co., Ltd.

    261,531        393,453   

Noble Group, Ltd.

    263,909        195,676   

NWS Holdings, Ltd.

    93,000        143,552   

PCCW, Ltd.

    283,000        125,094   

Power Assets Holdings, Ltd.

    99,549        890,435   

Sands China, Ltd.

    165,200        1,024,459   

Hong Kong—(Continued)

   

Shangri-La Asia, Ltd.

    109,540      181,300   

Sino Land Co., Ltd.

    193,600        284,235   

SJM Holdings, Ltd.

    141,000        397,405   

Sun Hung Kai Properties, Ltd.

    111,000        1,508,379   

Swire Pacific, Ltd. - Class A

    43,317        518,866   

Swire Properties, Ltd.

    83,600        235,566   

Wharf Holdings, Ltd.

    104,976        910,298   

Wheelock & Co., Ltd.

    68,000        361,700   

Wynn Macau, Ltd. (b)

    104,000        355,478   

Yue Yuen Industrial Holdings, Ltd.

    50,500        140,083   
   

 

 

 
      25,629,009   
   

 

 

 

Ireland—0.7%

   

Bank of Ireland (a)

    1,438,800        412,698   

CRH plc

    51,353        1,235,986   

Elan Corp. plc (a)

    36,869        577,580   

Experian plc

    72,050        1,372,771   

James Hardie Industries plc

    30,172        301,350   

Kerry Group plc - Class A

    11,180        681,748   

Shire plc

    39,190        1,569,664   
   

 

 

 
      6,151,797   
   

 

 

 

Israel—0.4%

   

Bank Hapoalim B.M.

    72,497        366,419   

Bank Leumi Le-Israel B.M. (a)

    101,093        376,008   

Bezeq The Israeli Telecommunication Corp., Ltd.

    178,026        327,220   

Israel Chemicals, Ltd.

    29,917        252,384   

NICE Systems, Ltd.

    5,213        215,480   

Teva Pharmaceutical Industries, Ltd.

    60,000        2,259,038   
   

 

 

 
      3,796,549   
   

 

 

 

Italy—1.9%

   

Assicurazioni Generali S.p.A.

    82,143        1,641,851   

Atlantia S.p.A.

    22,767        464,023   

Banca Monte dei Paschi di Siena S.p.A. (a) (b)

    345,338        96,019   

Enel Green Power S.p.A.

    152,537        327,481   

Enel S.p.A.

    449,278        1,723,760   

ENI S.p.A.

    176,421        4,069,891   

Exor S.p.A.

    6,830        256,613   

Fiat S.p.A. (a)

    59,813        476,886   

Finmeccanica S.p.A. (a)

    28,782        172,449   

Intesa Sanpaolo S.p.A.

    793,034        1,639,451   

Luxottica Group S.p.A.

    11,742        624,972   

Mediobanca S.p.A.

    44,816        313,247   

Pirelli & C S.p.A. (b)

    17,048        222,116   

Prysmian S.p.A.

    13,126        321,471   

Saipem S.p.A.

    18,391        400,130   

Snam S.p.A.

    138,413        701,859   

Telecom Italia S.p.A.

    668,281        552,199   

Telecom Italia S.p.A. - Risparmio Shares

    360,593        239,338   

Terna Rete Elettrica Nazionale S.p.A.

    118,746        536,715   

UniCredit S.p.A.

    296,069        1,895,732   

Unione di Banche Italiane SCPA

    56,320        284,992   
   

 

 

 
      16,961,195   
   

 

 

 

 

MSF-159


Table of Contents

Metropolitan Series Fund

MSCI EAFE Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Japan—21.1%

   

Advantest Corp. (b)

    11,800      $ 136,871   

Aeon Co., Ltd. (b)

    41,000        567,252   

AEON Financial Service Co., Ltd. (b)

    5,000        157,914   

Aeon Mall Co., Ltd.

    6,800        202,532   

Air Water, Inc.

    10,000        148,243   

Aisin Seiki Co., Ltd.

    13,000        558,148   

Ajinomoto Co., Inc. (b)

    44,000        580,351   

Alfresa Holdings Corp.

    3,000        155,316   

Amada Co., Ltd. (b)

    27,000        244,684   

ANA Holdings, Inc. (b)

    84,000        183,807   

Aozora Bank, Ltd.

    77,000        228,975   

Asahi Glass Co., Ltd.

    72,000        448,693   

Asahi Group Holdings, Ltd.

    25,800        680,107   

Asahi Kasei Corp.

    97,000        734,200   

Asics Corp. (b)

    11,000        191,056   

Astellas Pharma, Inc.

    30,000        1,536,095   

Bank of Kyoto, Ltd. (The)

    22,000        194,297   

Bank of Yokohama, Ltd. (The)

    83,000        476,094   

Benesse Holdings, Inc.

    5,000        182,262   

Bridgestone Corp.

    47,200        1,730,750   

Brother Industries, Ltd. (b)

    16,400        186,195   

Calbee, Inc.

    4,000        116,402   

Canon, Inc.

    78,400        2,509,726   

Casio Computer Co., Ltd.

    16,900        157,175   

Central Japan Railway Co.

    10,400        1,337,782   

Chiba Bank, Ltd. (The)

    46,000        337,298   

Chiyoda Corp.

    11,000        132,886   

Chubu Electric Power Co., Inc. (b)

    47,800        652,659   

Chugai Pharmaceutical Co., Ltd.

    15,100        311,181   

Chugoku Bank, Ltd. (The)

    12,000        169,358   

Chugoku Electric Power Co., Inc. (The) (b)

    23,700        378,342   

Citizen Holdings Co., Ltd.

    19,800        139,594   

Credit Saison Co., Ltd.

    10,500        286,063   

Dai Nippon Printing Co., Ltd. (b)

    40,000        425,159   

Dai-ichi Life Insurance Co., Ltd. (The) (b)

    57,300        822,746   

Daicel Corp.

    22,000        199,316   

Daihatsu Motor Co., Ltd. (b)

    14,000        272,475   

Daiichi Sankyo Co., Ltd. (b)

    45,200        821,533   

Daikin Industries, Ltd.

    16,800        894,555   

Dainippon Sumitomo Pharma Co., Ltd. (b)

    12,000        164,307   

Daito Trust Construction Co., Ltd.

    5,000        501,587   

Daiwa House Industry Co., Ltd. (b)

    41,000        770,087   

Daiwa Securities Group, Inc.

    124,000        1,120,814   

Dena Co., Ltd. (b)

    6,700        136,770   

Denso Corp.

    33,900        1,591,060   

Dentsu, Inc. (b)

    15,200        581,691   

Don Quijote Co., Ltd.

    4,100        257,812   

East Japan Railway Co.

    23,000        1,985,994   

Eisai Co., Ltd. (b)

    18,200        742,577   

Electric Power Development Co., Ltd.

    8,800        288,135   

FamilyMart Co., Ltd. (b)

    4,300        186,644   

FANUC Corp.

    13,100        2,170,049   

Fast Retailing Co., Ltd. (b)

    3,700        1,398,490   

Fuji Electric Co., Ltd.

    43,000        176,251   

Fuji Heavy Industries, Ltd.

    42,000        1,170,368   

FUJIFILM Holdings Corp.

    32,600        786,413   

Fujitsu, Ltd. (a)

    135,000        505,917   

Japan—(Continued)

   

Fukuoka Financial Group, Inc.

    53,000      240,473   

GungHo Online Entertainment, Inc. (a) (b)

    254        199,233   

Gunma Bank, Ltd. (The)

    26,000        152,884   

Hachijuni Bank, Ltd. (The)

    30,000        187,445   

Hamamatsu Photonics KK (b)

    4,800        181,509   

Hankyu Hanshin Holdings, Inc.

    83,000        462,586   

Hino Motors, Ltd.

    19,000        282,059   

Hirose Electric Co., Ltd. (b)

    2,200        339,439   

Hiroshima Bank, Ltd. (The)

    38,000        162,720   

Hisamitsu Pharmaceutical Co., Inc.

    4,700        263,213   

Hitachi Chemical Co., Ltd.

    8,000        129,055   

Hitachi Construction Machinery Co., Ltd. (b)

    6,400        144,080   

Hitachi Metals, Ltd. (b)

    13,000        160,076   

Hitachi, Ltd.

    337,000        2,235,270   

Hokkaido Electric Power Co., Inc. (a) (b)

    13,000        175,990   

Hokuhoku Financial Group, Inc.

    85,000        179,333   

Hokuriku Electric Power Co. (b)

    12,000        176,190   

Honda Motor Co., Ltd.

    113,300        4,337,298   

Hoya Corp.

    30,100        714,272   

Hulic Co., Ltd.

    18,600        280,393   

Ibiden Co., Ltd. (b)

    8,300        136,335   

Idemitsu Kosan Co., Ltd. (b)

    1,600        139,006   

IHI Corp.

    99,000        419,294   

Inpex Corp.

    63,200        748,382   

Isetan Mitsukoshi Holdings, Ltd.

    22,600        336,920   

Isuzu Motors, Ltd. (b)

    84,000        557,826   

ITOCHU Corp. (b)

    106,000        1,304,598   

Iyo Bank, Ltd. (The)

    17,000        178,975   

J Front Retailing Co., Ltd.

    30,000        244,236   

Japan Airlines Co., Ltd.

    4,200        255,001   

Japan Exchange Group, Inc.

    18,500        412,136   

Japan Prime Realty Investment Corp.

    49        172,468   

Japan Real Estate Investment Corp. (REIT)

    40        469,586   

Japan Retail Fund Investment Corp. (REIT) (b)

    135        278,302   

Japan Tobacco, Inc. (b)

    78,400        2,835,771   

JFE Holdings, Inc. (b)

    35,500        926,607   

JGC Corp.

    14,000        507,687   

Joyo Bank, Ltd. (The)

    54,000        291,508   

JSR Corp.

    11,300        210,941   

JTEKT Corp.

    20,700        285,353   

JX Holdings, Inc.

    163,100        849,697   

Kajima Corp. (b)

    59,000        241,620   

Kamigumi Co., Ltd.

    17,000        145,016   

Kaneka Corp.

    20,000        131,150   

Kansai Electric Power Co., Inc. (The) (a)

    55,000        701,974   

Kansai Paint Co., Ltd. (b)

    15,000        199,717   

Kao Corp.

    36,500        1,142,460   

Kawasaki Heavy Industries, Ltd.

    96,000        418,649   

KDDI Corp. (b)

    36,600        1,887,201   

Keikyu Corp. (b)

    36,000        341,884   

Keio Corp. (b)

    45,000        324,151   

Keisei Electric Railway Co., Ltd.

    20,000        209,324   

Keyence Corp.

    3,300        1,259,113   

Kikkoman Corp. (b)

    12,000        220,436   

Kintetsu Corp. (b)

    121,120        452,754   

Kirin Holdings Co., Ltd.

    62,000        907,729   

Kobe Steel, Ltd. (a)

    177,000        330,497   

 

MSF-160


Table of Contents

Metropolitan Series Fund

MSCI EAFE Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Japan—(Continued)

   

Koito Manufacturing Co., Ltd.

    7,000      $ 133,624   

Komatsu, Ltd. (b)

    63,800        1,595,440   

Konami Corp. (b)

    8,300        192,339   

Konica Minolta, Inc.

    37,000        312,293   

Kubota Corp.

    74,000        1,076,560   

Kuraray Co., Ltd. (b)

    24,500        294,823   

Kurita Water Industries, Ltd. (b)

    7,100        151,436   

Kyocera Corp.

    22,200        1,184,857   

Kyowa Hakko Kirin Co., Ltd.

    20,000        206,308   

Kyushu Electric Power Co., Inc. (a)

    28,400        407,280   

Lawson, Inc. (b)

    4,900        385,273   

LIXIL Group Corp.

    18,800        389,083   

M3, Inc.

    53        147,368   

Makita Corp.

    7,200        419,644   

Marubeni Corp. (b)

    113,000        893,468   

Marui Group Co., Ltd.

    16,000        150,653   

Mazda Motor Corp. (a)

    180,000        807,917   

McDonald’s Holdings Co. Japan, Ltd. (b)

    5,000        138,095   

MEIJI Holdings Co., Ltd. (b)

    5,100        280,180   

Miraca Holdings, Inc.

    4,000        179,095   

Mitsubishi Chemical Holdings Corp. (b)

    95,500        448,369   

Mitsubishi Corp.

    101,300        2,058,285   

Mitsubishi Electric Corp.

    136,000        1,438,052   

Mitsubishi Estate Co., Ltd.

    88,000        2,615,653   

Mitsubishi Gas Chemical Co., Inc.

    26,000        219,484   

Mitsubishi Heavy Industries, Ltd.

    224,000        1,291,482   

Mitsubishi Materials Corp.

    79,000        327,808   

Mitsubishi Motors Corp. (a) (b)

    31,999        356,149   

Mitsubishi Tanabe Pharma Corp.

    15,000        211,103   

Mitsubishi UFJ Financial Group, Inc.

    885,188        5,688,185   

Mitsubishi UFJ Lease & Finance Co., Ltd.

    41,500        220,878   

Mitsui & Co., Ltd. (b)

    125,717        1,834,953   

Mitsui Chemicals, Inc. (b)

    57,000        157,194   

Mitsui Fudosan Co., Ltd.

    58,000        1,963,754   

Mitsui OSK Lines, Ltd. (a)

    75,000        340,549   

Mizuho Financial Group, Inc.

    1,577,400        3,439,424   

MS&AD Insurance Group Holdings

    34,300        900,389   

Murata Manufacturing Co., Ltd. (b)

    14,100        1,082,311   

Nabtesco Corp.

    7,000        171,309   

Namco Bandai Holdings, Inc.

    12,500        234,198   

NEC Corp.

    166,000        385,934   

NGK Insulators, Ltd. (b)

    17,000        259,337   

NGK Spark Plug Co., Ltd.

    16,000        356,082   

NHK Spring Co., Ltd.

    12,000        123,663   

Nidec Corp. (b)

    7,200        597,256   

Nikon Corp. (b)

    23,100        404,033   

Nintendo Co., Ltd. (b)

    7,500        853,721   

Nippon Building Fund, Inc. (REIT)

    47        586,374   

Nippon Electric Glass Co., Ltd.

    28,000        150,472   

Nippon Express Co., Ltd.

    59,000        297,077   

Nippon Meat Packers, Inc.

    14,000        201,264   

Nippon Prologis REIT, Inc.

    17        170,593   

Nippon Steel Sumitomo Metal Corp.

    530,000        1,809,853   

Nippon Telegraph & Telephone Corp.

    31,300        1,627,430   

Nippon Yusen KK

    101,000        320,531   

Nishi-Nippon City Bank, Ltd. (The)

    52,000        142,281   

Nissan Motor Co., Ltd. (b)

    174,800        1,762,976   

Japan—(Continued)

   

Nisshin Seifun Group, Inc. (b)

    14,300      144,770   

Nissin Foods Holdings Co., Ltd. (b)

    4,700        193,557   

Nitori Holdings Co., Ltd.

    2,650        243,490   

Nitto Denko Corp. (b)

    12,800        840,060   

NKSJ Holdings, Inc.

    22,699        586,723   

Nomura Holdings, Inc.

    253,100        1,979,799   

Nomura Real Estate Holdings, Inc.

    7,000        172,705   

Nomura Research Institute, Ltd.

    6,200        216,344   

NSK, Ltd.

    30,000        308,300   

NTT Data Corp. (b)

    7,600        257,207   

NTT DoCoMo, Inc. (b)

    106,500        1,733,291   

Obayashi Corp. (b)

    45,000        269,663   

Odakyu Electric Railway Co., Ltd. (b)

    44,000        438,889   

OJI Holdings Corp. (b)

    68,000        320,009   

Olympus Corp. (a)

    16,000        487,844   

Omron Corp.

    13,600        493,041   

Ono Pharmaceutical Co., Ltd. (b)

    6,400        394,968   

Oriental Land Co., Ltd. (b)

    3,400        563,767   

ORIX Corp.

    87,300        1,431,287   

Osaka Gas Co., Ltd.

    127,000        542,962   

Otsuka Corp.

    1,200        153,621   

Otsuka Holdings Co., Ltd.

    26,000        756,134   

Panasonic Corp. (a) (b)

    154,900        1,503,930   

Park24 Co., Ltd. (b)

    7,300        130,214   

Rakuten, Inc.

    49,500        753,481   

Resona Holdings, Inc.

    132,700        680,798   

Ricoh Co., Ltd.

    45,000        521,910   

Rinnai Corp.

    2,800        208,648   

Rohm Co., Ltd.

    6,700        276,084   

Sankyo Co., Ltd.

    3,600        176,463   

Sanrio Co., Ltd. (b)

    3,400        209,769   

Santen Pharmaceutical Co., Ltd. (b)

    5,500        267,678   

SBI Holdings, Inc.

    19,011        247,735   

Secom Co., Ltd.

    15,800        993,375   

Sega Sammy Holdings, Inc. (b)

    13,300        385,943   

Sekisui Chemical Co., Ltd.

    28,000        286,485   

Sekisui House, Ltd.

    36,000        486,192   

Seven & I Holdings Co., Ltd.

    53,100        1,948,368   

Seven Bank, Ltd. (b)

    43,000        144,345   

Sharp Corp. (a) (b)

    77,000        284,801   

Shikoku Electric Power Co., Inc. (a)

    15,100        257,926   

Shimadzu Corp.

    17,000        161,778   

Shimamura Co., Ltd.

    1,400        139,708   

Shimano, Inc.

    5,600        501,924   

Shimizu Corp. (b)

    37,000        181,671   

Shin-Etsu Chemical Co., Ltd.

    27,800        1,709,669   

Shinsei Bank, Ltd. (b)

    100,000        243,643   

Shionogi & Co., Ltd. (b)

    19,400        409,520   

Shiseido Co., Ltd. (b)

    29,300        528,712   

Shizuoka Bank, Ltd. (The) (b)

    41,000        468,723   

Showa Denko KK (b)

    129,000        175,366   

Showa Shell Sekiyu KK

    14,000        157,339   

SMC Corp.

    3,700        884,772   

Softbank Corp.

    66,800        4,650,466   

Sojitz Corp.

    113,600        223,540   

Sony Corp. (b)

    70,600        1,515,367   

Sony Financial Holdings, Inc.

    12,800        235,761   

 

MSF-161


Table of Contents

Metropolitan Series Fund

MSCI EAFE Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Japan—(Continued)

   

Stanley Electric Co., Ltd. (b)

    11,800      $ 252,068   

Sumitomo Chemical Co., Ltd.

    109,000        416,826   

Sumitomo Corp. (b)

    81,000        1,095,834   

Sumitomo Electric Industries, Ltd.

    56,334        819,169   

Sumitomo Heavy Industries, Ltd.

    39,000        178,107   

Sumitomo Metal Mining Co., Ltd. (b)

    40,000        568,046   

Sumitomo Mitsui Financial Group, Inc. (b)

    88,500        4,303,939   

Sumitomo Mitsui Trust Holdings, Inc.

    232,262        1,155,477   

Sumitomo Realty & Development Co., Ltd.

    25,000        1,194,330   

Sumitomo Rubber Industries, Ltd.

    12,500        193,832   

Suntory Beverage & Food, Ltd. (a)

    8,400        283,949   

Suruga Bank, Ltd.

    13,000        224,785   

Suzuken Co., Ltd. (b)

    5,300        175,063   

Suzuki Motor Corp. (b)

    26,200        630,472   

Sysmex Corp. (b)

    6,200        398,088   

T&D Holdings, Inc.

    38,800        482,889   

Taiheiyo Cement Corp. (b)

    82,000        359,922   

Taisei Corp. (b)

    69,000        341,046   

Taisho Pharmaceutical Holdings Co., Ltd.

    3,000        198,503   

Takashimaya Co., Ltd.

    19,000        178,821   

Takeda Pharmaceutical Co., Ltd. (b)

    54,200        2,568,176   

TDK Corp. (b)

    8,400        331,083   

Teijin, Ltd. (b)

    66,000        152,679   

Terumo Corp. (b)

    10,800        556,788   

THK Co., Ltd. (b)

    7,700        171,716   

Tobu Railway Co., Ltd.

    73,000        386,748   

Toho Co., Ltd.

    8,500        177,903   

Toho Gas Co., Ltd. (b)

    31,000        162,820   

Tohoku Electric Power Co., Inc. (a)

    29,800        368,294   

Tokio Marine Holdings, Inc.

    49,400        1,623,389   

Tokyo Electric Power Co., Inc. (a) (b)

    97,600        608,477   

Tokyo Electron, Ltd.

    12,400        668,180   

Tokyo Gas Co., Ltd.

    170,000        936,081   

Tokyo Tatemono Co., Ltd.

    29,000        267,567   

Tokyu Corp.

    76,000        544,569   

Tokyu Land Corp. (b)

    29,000        301,748   

TonenGeneral Sekiyu KK

    18,000        166,713   

Toppan Printing Co., Ltd.

    41,000        332,066   

Toray Industries, Inc. (b)

    111,000        733,191   

Toshiba Corp.

    283,000        1,277,894   

TOTO, Ltd. (b)

    19,000        267,328   

Toyo Seikan Group Holdings, Ltd.

    10,200        201,043   

Toyo Suisan Kaisha, Ltd.

    6,000        176,677   

Toyota Industries Corp.

    12,600        546,659   

Toyota Motor Corp.

    191,400        12,295,966   

Toyota Tsusho Corp.

    14,200        372,466   

Trend Micro, Inc.

    7,000        261,769   

Ube Industries, Ltd. (b)

    68,000        128,778   

Unicharm Corp. (b)

    7,600        445,632   

United Urban Investment Corp.

    167        255,391   

USS Co., Ltd. (b)

    16,600        241,076   

West Japan Railway Co.

    11,700        502,752   

Yahoo Japan Corp.

    101,500        578,934   

Yakult Honsha Co., Ltd. (b)

    6,300        316,739   

Yamada Denki Co., Ltd. (b)

    55,900        165,603   

Yamaguchi Financial Group, Inc.

    15,000        147,995   

Yamaha Corp.

    11,000        157,837   

Japan—(Continued)

   

Yamaha Motor Co., Ltd. (b)

    17,800      262,091   

Yamato Holdings Co., Ltd. (b)

    27,000        611,467   

Yaskawa Electric Corp.

    18,000        254,715   

Yokogawa Electric Corp.

    16,300        233,319   

Yokohama Rubber Co., Ltd. (The)

    15,000        148,819   
   

 

 

 
      188,735,861   
   

 

 

 

Luxembourg—0.2%

  

ArcelorMittal

    66,772        918,840   

Tenaris S.A. (b)

    32,705        766,932   
   

 

 

 
      1,685,772   
   

 

 

 

Netherlands—3.0%

  

Aegon NV

    117,488        870,474   

Akzo Nobel NV

    16,759        1,102,347   

ASML Holding NV

    24,785        2,445,927   

CNH Industrial NV (a)

    61,911        794,480   

Corio NV (REIT)

    4,074        175,438   

Delta Lloyd NV

    13,121        278,915   

European Aeronautic Defence and Space Co. NV

    39,685        2,530,993   

Fugro NV (b)

    4,445        271,354   

Gemalto NV (b)

    5,659        607,999   

Heineken Holding NV

    6,283        397,757   

Heineken NV

    16,408        1,162,606   

ING Groep NV (a)

    262,304        2,978,184   

Koninklijke Ahold NV

    72,518        1,257,237   

Koninklijke Boskalis Westminster NV

    6,001        265,680   

Koninklijke DSM NV

    10,134        765,349   

Koninklijke KPN NV (a)

    230,706        735,762   

Koninklijke Philips NV

    65,768        2,122,311   

Koninklijke Vopak NV

    4,391        251,569   

OCI (a)

    6,200        209,607   

QIAGEN NV (a)

    14,898        321,379   

Randstad Holding NV

    9,402        530,116   

Reed Elsevier NV

    48,042        966,092   

STMicroelectronics NV

    44,693        412,180   

TNT Express NV

    24,146        220,282   

Unilever NV

    112,970        4,398,853   

Wolters Kluwer NV

    20,745        534,490   

Ziggo NV

    11,596        470,077   
   

 

 

 
      27,077,458   
   

 

 

 

New Zealand—0.1%

  

Auckland International Airport, Ltd.

    110,236        304,396   

Fletcher Building, Ltd. (b)

    46,652        369,173   

Sky City Entertainment Group, Ltd.

    39,539        131,821   

Telecom Corp. of New Zealand, Ltd. (b)

    132,317        256,265   
   

 

 

 
      1,061,655   
   

 

 

 

Norway—0.8%

  

Aker Solutions ASA

    11,775        165,380   

DNB ASA

    66,462        1,009,338   

Gjensidige Forsikring ASA

    14,357        216,809   

Norsk Hydro ASA (b)

    59,320        245,963   

Orkla ASA

    54,230        395,001   

 

MSF-162


Table of Contents

Metropolitan Series Fund

MSCI EAFE Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Norway—(Continued)

  

Seadrill, Ltd. (b)

    27,606      $ 1,239,568   

Statoil ASA

    75,596        1,717,011   

Subsea 7 S.A.

    18,500        384,457   

Telenor ASA

    50,522        1,154,515   

Yara International ASA (b)

    12,261        506,349   
   

 

 

 
      7,034,391   
   

 

 

 

Portugal—0.2%

  

Banco Espirito Santo S.A. (a)

    142,170        151,545   

EDP - Energias de Portugal S.A. (b)

    131,492        480,690   

Galp Energia SGPS S.A.

    24,066        401,300   

Jeronimo Martins SGPS S.A.

    16,641        342,033   

Portugal Telecom SGPS S.A. (b)

    48,993        220,971   
   

 

 

 
      1,596,539   
   

 

 

 

Singapore—1.5%

  

Ascendas Real Estate Investment Trust

    141,000        256,327   

CapitaCommercial Trust (REIT) (b)

    143,000        165,316   

CapitaLand, Ltd.

    174,000        428,937   

CapitaMall Trust (REIT)

    153,200        239,375   

CapitaMalls Asia, Ltd.

    101,000        157,430   

City Developments, Ltd. (b)

    34,000        277,843   

ComfortDelGro Corp., Ltd.

    153,000        240,403   

DBS Group Holdings, Ltd.

    115,467        1,512,037   

Genting Singapore plc (b)

    418,200        478,609   

Global Logistic Properties, Ltd.

    212,000        488,695   

Golden Agri-Resources, Ltd. (b)

    492,569        204,281   

Hutchison Port Holdings Trust - Class U

    350,000        273,043   

Jardine Cycle & Carriage, Ltd.

    8,000        243,326   

Keppel (b)

    28,756        28,199   

Keppel Corp., Ltd.

    102,700        853,063   

Keppel Land, Ltd.

    54,000        152,482   

Olam International, Ltd. (b)

    94,090        114,763   

Oversea-Chinese Banking Corp., Ltd.

    179,880        1,477,079   

Sembcorp Industries, Ltd.

    71,000        299,390   

Sembcorp Marine, Ltd. (b)

    63,000        227,592   

Singapore Airlines, Ltd. (b)

    36,940        306,711   

Singapore Exchange, Ltd.

    56,000        324,191   

Singapore Press Holdings, Ltd. (b)

    107,250        351,417   

Singapore Technologies Engineering, Ltd.

    130,000        432,359   

Singapore Telecommunications, Ltd.

    557,820        1,659,472   

StarHub, Ltd.

    44,000        150,478   

United Overseas Bank, Ltd.

    88,392        1,457,305   

UOL Group, Ltd.

    33,000        161,787   

Wilmar International, Ltd. (b)

    130,000        328,513   
   

 

 

 
      13,290,423   
   

 

 

 

Spain—3.1%

  

Abertis Infraestructuras S.A. (b)

    27,266        531,629   

ACS Actividades de Construccion y Servicios S.A.

    10,111        322,787   

Amadeus IT Holding S.A. - A Shares (b)

    26,116        927,359   

Banco Bilbao Vizcaya Argentaria S.A.

    383,634        4,312,489   

Banco de Sabadell S.A. (b)

    204,224        514,582   

Banco Popular Espanol S.A. (a)

    90,004        487,684   

Banco Santander S.A.

    772,959        6,340,365   

Spain—(Continued)

  

Bankia S.A. (a)

    281,294      306,547   

CaixaBank

    81,813        359,530   

Distribuidora Internacional de Alimentacion S.A.

    40,028        348,681   

Enagas S.A.

    15,504        381,242   

Ferrovial S.A.

    28,234        509,441   

Gas Natural SDG S.A.

    24,586        515,673   

Grifols S.A.

    9,470        389,124   

Iberdrola S.A. (b)

    335,837        1,959,337   

Inditex S.A.

    15,081        2,331,821   

International Consolidated Airlines Group S.A. - Class DI (a) (b)

    77,576        426,058   

Mapfre S.A. (b)

    51,069        182,925   

Red Electrica Corp. S.A.

    6,689        382,077   

Repsol S.A.

    57,722        1,436,607   

Telefonica S.A. (a)

    284,361        4,446,929   

Zardoya Otis S.A. (b)

    9,160        148,741   
   

 

 

 
      27,561,628   
   

 

 

 

Sweden—3.2%

  

Alfa Laval AB

    20,852        503,645   

Assa Abloy AB - Class B

    23,170        1,064,428   

Atlas Copco AB - A Shares

    47,637        1,396,328   

Atlas Copco AB - B Shares

    26,827        709,788   

Boliden AB

    18,744        281,129   

Electrolux AB - Series B

    17,118        444,965   

Elekta AB - B Shares

    26,324        423,988   

Getinge AB - B Shares

    13,484        482,293   

Hennes & Mauritz AB - B Shares (b)

    67,689        2,945,600   

Hexagon AB - B Shares

    17,090        515,353   

Husqvarna AB - B Shares

    25,677        166,819   

Industrivarden AB - C Shares (b)

    8,655        159,579   

Investment AB Kinnevik - B Shares

    14,418        500,091   

Investor AB - B Shares

    31,588        959,035   

Lundin Petroleum AB (a)

    16,017        345,699   

Millicom International Cellular S.A. (b)

    5,384        476,132   

Nordea Bank AB

    196,605        2,376,702   

Ratos AB - B Shares (b)

    13,287        123,832   

Sandvik AB

    73,011        1,009,741   

Scania AB - B Shares

    21,772        466,455   

Securitas AB - B Shares

    21,462        245,319   

Skandinaviska Enskilda Banken AB - Class A

    103,979        1,102,796   

Skanska AB - B Shares

    23,981        461,574   

SKF AB - B Shares

    26,654        742,646   

Svenska Cellulosa AB - B Shares

    40,587        1,024,704   

Svenska Handelsbanken AB - A Shares

    34,300        1,468,388   

Swedbank AB - A Shares

    61,954        1,445,717   

Swedish Match AB

    14,499        512,084   

Tele2 AB - B Shares

    21,032        269,209   

Telefonaktiebolaget LM Ericsson - B Shares

    209,117        2,786,838   

TeliaSonera AB

    162,992        1,249,731   

Volvo AB - B Shares

    103,330        1,548,864   
   

 

 

 
      28,209,472   
   

 

 

 

Switzerland—8.9%

  

ABB, Ltd. (a)

    151,669        3,583,372   

Actelion, Ltd. (a)

    7,563        537,051   

 

MSF-163


Table of Contents

Metropolitan Series Fund

MSCI EAFE Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Switzerland—(Continued)

  

Adecco S.A. (a)

    8,604      $ 614,594   

Aryzta AG (a)

    5,635        376,704   

Baloise Holding AG

    3,194        353,236   

Barry Callebaut AG (a)

    132        132,474   

Cie Financiere Richemont S.A.

    36,003        3,598,430   

Coca-Cola HBC AG (a)

    13,800        413,738   

Credit Suisse Group AG (a)

    106,196        3,254,550   

EMS-Chemie Holding AG

    579        204,665   

Geberit AG

    2,659        718,273   

Givaudan S.A. (a)

    558        816,313   

Holcim, Ltd. (a)

    16,305        1,213,991   

Julius Baer Group, Ltd. (a)

    15,588        727,745   

Kuehne & Nagel International AG (b)

    4,135        541,717   

Lindt & Spruengli AG

    7        332,513   

Lindt & Spruengli AG (Participation Certifcate)

    55        225,787   

Lonza Group AG (a)

    4,506        368,872   

Nestle S.A.

    223,685        15,669,106   

Novartis AG

    159,564        12,266,365   

Pargesa Holding S.A.

    1,694        126,988   

Partners Group Holding AG

    1,228        300,878   

Roche Holding AG

    48,734        13,147,825   

Schindler Holding AG

    4,650        691,774   

SGS S.A.

    367        877,507   

Sika AG

    137        399,442   

Sonova Holding AG (a)

    4,039        502,055   

Sulzer AG

    1,649        255,306   

Swatch Group AG (The)

    5,323        1,723,134   

Swiss Life Holding AG (a)

    2,159        408,786   

Swiss Prime Site AG (a)

    3,833        296,742   

Swiss Re AG (a)

    24,745        2,047,033   

Swisscom AG

    1,754        844,047   

Syngenta AG

    6,383        2,608,080   

Transocean, Ltd.

    24,746        1,101,784   

UBS AG (a)

    252,938        5,175,212   

Zurich Insurance Group AG (a)

    10,297        2,652,233   
   

 

 

 
      79,108,322   
   

 

 

 

United Kingdom—20.7%

  

3i Group plc

    63,549        374,508   

Aberdeen Asset Management plc (b)

    61,345        376,297   

Admiral Group plc

    16,009        319,735   

Aggreko plc (b)

    18,556        482,138   

AMEC plc

    19,387        337,482   

Anglo American plc

    95,352        2,345,510   

Antofagasta plc

    26,957        357,926   

ARM Holdings plc

    102,407        1,640,107   

Associated British Foods plc

    24,859        756,020   

AstraZeneca plc

    88,250        4,587,830   

Aviva plc

    205,068        1,316,646   

Babcock International Group plc

    24,050        465,648   

BAE Systems plc

    224,576        1,651,919   

Barclays plc

    847,600        3,647,867   

BG Group plc

    236,047        4,513,744   

BHP Billiton plc

    146,472        4,315,476   

BP plc

    1,312,137        9,208,624   

British American Tobacco plc

    133,028        7,060,701   

United Kingdom—(Continued)

  

British Land Co. plc

    62,096      581,537   

British Sky Broadcasting Group plc

    73,819        1,040,776   

BT Group plc

    549,280        3,044,475   

Bunzl plc

    22,401        485,168   

Burberry Group plc

    32,742        867,346   

Capita Group plc

    48,717        785,437   

Carnival plc

    12,088        409,735   

Centrica plc

    369,393        2,213,425   

Cobham plc

    73,272        340,764   

Compass Group plc

    126,746        1,743,038   

Croda International plc

    9,658        415,348   

Diageo plc

    174,086        5,533,569   

Direct Line Insurance Group plc

    56,275        194,296   

easyJet plc (b)

    10,815        223,460   

Fresnillo plc (b)

    11,783        185,793   

G4S plc

    106,542        438,849   

GKN plc

    107,131        593,325   

GlaxoSmithKline plc

    341,608        8,588,255   

GlencoreXstrata plc (a)

    735,853        4,015,184   

Hammerson plc

    56,484        458,285   

Hargreaves Lansdown plc (b)

    16,913        268,285   

HSBC Holdings plc

    1,291,727        14,003,030   

ICAP plc

    36,213        219,569   

IMI plc

    22,920        540,257   

Imperial Tobacco Group plc

    66,898        2,479,338   

Inmarsat plc

    28,473        327,190   

InterContinental Hotels Group plc

    20,173        589,744   

Intertek Group plc

    10,631        568,796   

Intu Properties plc

    48,962        254,748   

Invensys plc

    53,428        431,512   

Investec plc

    41,855        271,485   

J Sainsbury plc

    85,611        543,381   

Johnson Matthey plc

    13,894        631,972   

Kingfisher plc

    164,859        1,028,948   

Land Securities Group plc

    52,350        779,135   

Legal & General Group plc

    410,178        1,305,128   

Lloyds Banking Group plc (a)

    3,205,858        3,825,970   

London Stock Exchange Group plc

    12,221        304,195   

Marks & Spencer Group plc

    118,772        955,424   

Meggitt plc

    55,862        496,438   

Melrose Industries plc

    85,700        415,907   

National Grid plc

    254,654        3,013,531   

Next plc

    11,690        977,749   

Old Mutual plc

    337,381        1,025,028   

Pearson plc

    56,693        1,154,279   

Persimmon plc (a)

    20,663        363,392   

Petrofac, Ltd.

    17,337        395,061   

Prudential plc

    177,484        3,309,779   

Randgold Resources, Ltd.

    6,351        455,528   

Reckitt Benckiser Group plc

    44,859        3,283,530   

Reed Elsevier plc

    81,102        1,092,751   

Resolution, Ltd.

    99,349        511,449   

Rexam plc

    51,922        404,815   

Rio Tinto plc

    88,154        4,318,593   

Rolls-Royce Holdings plc (a)

    130,394        2,350,655   

Royal Bank of Scotland Group plc (a)

    147,994        860,611   

Royal Dutch Shell plc - A Shares

    263,389        8,702,808   

 

MSF-164


Table of Contents

Metropolitan Series Fund

MSCI EAFE Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

United Kingdom—(Continued)

  

Royal Dutch Shell plc - B Shares

    176,859      $ 6,114,587   

RSA Insurance Group plc

    233,187        456,650   

SABMiller plc

    67,875        3,461,064   

Sage Group plc (The)

    79,455        424,243   

Schroders plc

    6,754        281,766   

Segro plc

    61,844        310,477   

Serco Group plc

    34,317        303,584   

Severn Trent plc

    16,575        473,341   

Smith & Nephew plc

    66,221        826,973   

Smiths Group plc

    25,680        581,494   

SSE plc

    67,077        1,602,565   

Standard Chartered plc

    171,144        4,106,104   

Standard Life plc

    174,865        978,157   

Tate & Lyle plc

    33,576        400,544   

TESCO plc

    553,815        3,220,574   

Travis Perkins plc

    16,708        446,248   

TUI Travel plc

    32,223        191,579   

Tullow Oil plc

    61,905        1,027,350   

Unilever plc

    88,241        3,409,065   

United Utilities Group plc

    48,207        539,571   

Vedanta Resources plc (b)

    9,833        172,382   

Vodafone Group plc

    3,375,747        11,907,313   

Weir Group plc (The)

    13,923        525,557   

Whitbread plc

    12,742        611,215   

William Hill plc

    58,853        383,494   

WM Morrison Supermarkets plc

    166,578        755,476   

Wolseley plc

    19,542        1,012,094   

WPP plc

    91,344        1,881,053   
   

 

 

 
      184,780,774   
   

 

 

 

Total Common Stocks
(Cost $739,973,444)

      864,520,116   
   

 

 

 
Investment Company Security—2.0%   

United States—2.0%

   

iShares MSCI EAFE ETF (c)
(Cost $16,367,938)

    272,900        17,408,291   
   

 

 

 
Preferred Stocks—0.6%                

Germany—0.6%

   

Bayerische Motoren Werke (BMW) AG

    3,505        286,072   

Fuchs Petrolub AG (b)

    2,450        205,287   

Henkel AG & Co. KGaA

    12,771        1,316,666   

Porsche Automobil Holding SE

    10,260        897,097   

Volkswagen AG

    9,896        2,333,988   
   

 

 

 

Total Preferred Stocks
(Cost $2,663,214)

      5,039,110   
   

 

 

 
Rights—0.0%                

Hong Kong—0.0%

   

New Hotel, Expires 12/31/13 (a)

    3,269        0   
   

 

 

 

Spain—0.0%

   

Abertis Infraestructuras S.A.
Expires 10/09/13 (a) (b)

    27,266      26,537   

Banco Bilbao Vizcaya Argentaria S.A.
Expires 10/14/13 (a)

    383,634        52,450   

Banco de Sabadell S.A.
Expires 09/27/13 (a) (b)

    204,224        42,076   
   

 

 

 
      121,063   
   

 

 

 

United Kingdom—0.0%

   

Barclays plc, Expires 10/02/13 (a)

    211,900        277,094   
   

 

 

 

Total Rights
(Cost $72,094)

      398,157   
   

 

 

 
Short-Term Investment—9.1%                

Mutual Fund—9.1%

   

State Street Navigator Securities Lending MET Portfolio (d)

    81,428,774        81,428,774   
   

 

 

 

Total Short-Term Investment
(Cost $81,428,774)

      81,428,774   
   

 

 

 

Total Investments—108.5%
(Cost $840,505,464) (e)

      968,794,448   

Other assets and liabilities (net)—(8.5)%

      (75,978,543
   

 

 

 
Net Assets—100.0%     $ 892,815,905   
   

 

 

 

 

(a) Non-income producing security.
(b) All or a portion of the security was held on loan. As of September 30, 2013, the market value of securities loaned was $74,611,297 and the collateral received consisted of cash in the amount of $81,428,774. The cash collateral is invested in a money market fund managed by an affiliate of the custodian.
(c) All or a portion of the security was pledged as collateral against open futures contracts. As of September 30, 2013, the market value of securities pledged was $642,600.
(d) Represents investment of cash collateral received from securities lending transactions.
(e) As of September 30, 2013, the aggregate cost of investments was $840,505,464. The aggregate unrealized appreciation and depreciation of investments were $224,406,289 and $(96,117,305), respectively, resulting in net unrealized appreciation of $128,288,984.
(ETF)— Exchange-Traded Fund
(REIT)— A Real Estate Investment Trust is a pooled investment vehicle that invests primarily in income-producing real estate or real estate related loans or interest.

 

Ten Largest Industries as of
September 30, 2013

  

% of
Net Assets

 

Commercial Banks

     12.8%   

Pharmaceuticals

     8.1%   

Oil, Gas & Consumable Fuels

     5.9%   

Insurance

     4.9%   

Automobiles

     4.0%   

Metals & Mining

     3.8%   

Food Products

     3.7%   

Chemicals

     3.3%   

Diversified Telecommunication Services

     3.0%   

Machinery

     2.7%   

 

MSF-165


Table of Contents

Metropolitan Series Fund

MSCI EAFE Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

 

Futures Contracts   

Futures Contracts—Long

   Expiration
Date
     Number of
Contracts
    

Notional
Amount

   Unrealized
Appreciation
 

MSCI EAFE E-Mini Index Futures

     12/20/13         50       USD  4,450,090    $ 87,911   
           

 

 

 

 

Fair Value Hierarchy

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to the Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1      Level 2      Level 3      Total  
Common Stocks            

Australia

   $ —         $ 69,139,883       $ —         $ 69,139,883   

Austria

     —           2,496,690         —           2,496,690   

Belgium

     —           10,097,246         —           10,097,246   

China

     —           232,720         —           232,720   

Denmark

     —           9,786,195         —           9,786,195   

Finland

     —           7,704,669         —           7,704,669   

France

     —           81,557,462         —           81,557,462   

Germany

     —           70,473,009         —           70,473,009   

Greece

     —           351,397         —           351,397   

Hong Kong

     —           25,629,009         —           25,629,009   

Ireland

     —           6,151,797         —           6,151,797   

Israel

     —           3,796,549         —           3,796,549   

Italy

     —           16,961,195         —           16,961,195   

Japan

     —           188,434,113         301,748         188,735,861   

Luxembourg

     —           1,685,772         —           1,685,772   

Netherlands

     1,402,479         25,674,979         —           27,077,458   

New Zealand

     —           1,061,655         —           1,061,655   

Norway

     —           7,034,391         —           7,034,391   

Portugal

     —           1,596,539         —           1,596,539   

Singapore

     —           13,290,423         —           13,290,423   

Spain

     —           27,561,628         —           27,561,628   

Sweden

     —           28,209,472         —           28,209,472   

Switzerland

     255,306         78,853,016         —           79,108,322   

United Kingdom

     —           184,780,774         —           184,780,774   

Total Common Stocks

     1,657,785         862,560,583         301,748         864,520,116   

Total Investment Company Security*

     17,408,291         —           —           17,408,291   

Total Preferred Stocks*

     —           5,039,110         —           5,039,110   

 

MSF-166


Table of Contents

Metropolitan Series Fund

MSCI EAFE Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Fair Value Hierarchy—(Continued)

 

Description    Level 1      Level 2     Level 3      Total  
Rights           

Hong Kong

   $ —         $ 0      $ —         $ 0   

Spain

     121,063         —          —           121,063   

United Kingdom

     277,094         —          —           277,094   

Total Rights

     398,157         0        —           398,157   

Total Short-Term Investment*

     81,428,774         —          —           81,428,774   

Total Investments

   $ 100,893,007       $ 867,599,693      $ 301,748       $ 968,794,448   
                                    

Collateral for securities loaned (Liability)

   $ —         $ (81,428,774   $ —         $ (81,428,774
Futures Contracts           

Futures Contracts (Unrealized Appreciation)

   $ 87,911       $ —        $ —         $ 87,911   

 

* See Schedule of Investments for additional detailed categorizations.

Transfers from Level 2 to Level 1 in the amount of $772,873 were due to the discontinuation of a systematic fair valuation model factor.

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:

 

Investments in Securities    Balance as of
December 31, 2012
     Change in
Unrealized
Appreciation
     Transfers in
to Level 3
     Balance as of
September 30, 2013
     Change in Unrealized
Appreciation from
investments still held
at September 30, 2013
 
Common stocks               

Japan

   $ —         $ 89,336       $ 212,412       $ 301,748       $ 89,336   

Total

   $ —         $ 89,336       $ 212,412       $ 301,748       $ 89,336   
                                              

Common Stocks in the amount of $212,412 were transferred into Level 3 due to a decline in market activity for significant observables which resulted in a lack of available market inputs to determine price.

 

MSF-167


Table of Contents

Metropolitan Series Fund

Neuberger Berman Genesis Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—97.0% of Net Assets

 

Security Description   Shares     Value  
   

Air Freight & Logistics—0.5%

  

Forward Air Corp.

    216,576      $ 8,738,842   
   

 

 

 

Auto Components—0.4%

  

Gentex Corp.

    222,600        5,696,334   
   

 

 

 

Beverages—1.0%

  

Boston Beer Co., Inc. (The) - Class A (a)

    67,872        16,575,021   
   

 

 

 

Building Products—0.9%

  

AAON, Inc.

    210,115        5,580,654   

AO Smith Corp.

    199,400        9,012,880   
   

 

 

 
      14,593,534   
   

 

 

 

Chemicals—4.2%

  

Balchem Corp.

    253,663        13,127,060   

Hawkins, Inc.

    105,290        3,973,645   

Innophos Holdings, Inc.

    206,511        10,899,651   

NewMarket Corp.

    31,417        9,045,268   

RPM International, Inc.

    174,000        6,298,800   

Sensient Technologies Corp.

    400,200        19,165,578   

Stepan Co.

    90,618        5,231,377   
   

 

 

 
      67,741,379   
   

 

 

 

Commercial Banks—7.0%

  

Bank of Hawaii Corp.

    313,800        17,086,410   

Bank of the Ozarks, Inc.

    155,438        7,459,470   

BankUnited, Inc.

    394,600        12,307,574   

BOK Financial Corp.

    183,682        11,636,255   

Community Bank System, Inc.

    154,787        5,281,332   

Cullen/Frost Bankers, Inc.

    262,398        18,512,179   

CVB Financial Corp.

    131,500        1,777,880   

First Financial Bankshares, Inc.

    249,755        14,690,589   

FNB Corp.

    466,148        5,654,375   

PacWest Bancorp

    230,128        7,907,198   

ViewPoint Financial Group, Inc.

    102,200        2,112,474   

Westamerica Bancorp

    180,400        8,973,096   
   

 

 

 
      113,398,832   
   

 

 

 

Commercial Services & Supplies—4.6%

  

Copart, Inc. (a)

    205,200        6,523,308   

Healthcare Services Group, Inc.

    621,414        16,007,625   

Ritchie Bros. Auctioneers, Inc.

    183,013        3,693,202   

Rollins, Inc.

    792,110        20,998,836   

Team, Inc. (a)

    99,103        3,939,344   

UniFirst Corp.

    52,600        5,492,492   

United Stationers, Inc.

    397,674        17,298,819   
   

 

 

 
      73,953,626   
   

 

 

 

Communications Equipment—0.6%

  

NETGEAR, Inc. (a)

    319,900        9,872,114   
   

 

 

 

Construction Materials—0.4%

  

Eagle Materials, Inc.

    78,500        5,695,175   
   

 

 

 

Containers & Packaging—2.6%

  

Aptargroup, Inc.

    510,554      30,699,612   

Silgan Holdings, Inc.

    223,100        10,485,700   
   

 

 

 
      41,185,312   
   

 

 

 

Distributors—1.3%

  

Pool Corp.

    376,160        21,113,861   
   

 

 

 

Electrical Equipment—0.6%

  

Franklin Electric Co., Inc.

    104,300        4,109,420   

Thermon Group Holdings, Inc. (a)

    249,900        5,775,189   
   

 

 

 
      9,884,609   
   

 

 

 

Electronic Equipment, Instruments & Components—2.6%

  

Badger Meter, Inc.

    191,188        8,890,242   

FEI Co.

    240,154        21,085,521   

Littelfuse, Inc.

    53,200        4,161,304   

Rogers Corp. (a)

    33,300        1,980,684   

Trimble Navigation, Ltd. (a)

    213,360        6,338,926   
   

 

 

 
      42,456,677   
   

 

 

 

Energy Equipment & Services—4.9%

  

CARBO Ceramics, Inc.

    188,900        18,721,879   

Natural Gas Services Group, Inc. (a)

    271,335        7,277,205   

Oceaneering International, Inc.

    448,400        36,428,016   

Pason Systems, Inc.

    511,000        11,242,000   

ShawCor, Ltd.

    122,600        5,131,067   
   

 

 

 
      78,800,167   
   

 

 

 

Food & Staples Retailing—0.9%

  

Harris Teeter Supermarkets, Inc.

    229,827        11,305,190   

North West Co., Inc. (The)

    122,100        2,822,830   
   

 

 

 
      14,128,020   
   

 

 

 

Food Products—1.9%

  

B&G Foods, Inc.

    150,400        5,196,320   

Flowers Foods, Inc.

    339,850        7,286,384   

J&J Snack Foods Corp.

    106,309        8,581,262   

Lancaster Colony Corp.

    122,900        9,621,841   
   

 

 

 
      30,685,807   
   

 

 

 

Gas Utilities—1.3%

  

Piedmont Natural Gas Co., Inc.

    89,400        2,939,472   

South Jersey Industries, Inc.

    174,000        10,192,920   

WGL Holdings, Inc.

    164,400        7,021,524   
   

 

 

 
      20,153,916   
   

 

 

 

Health Care Equipment & Supplies—5.9%

  

Abaxis, Inc.

    187,554        7,896,023   

Haemonetics Corp. (a)

    573,008        22,851,559   

IDEXX Laboratories, Inc. (a)

    190,500        18,983,325   

Meridian Bioscience, Inc.

    388,500        9,188,025   

Sirona Dental Systems, Inc. (a)

    229,700        15,373,821   

West Pharmaceutical Services, Inc.

    500,066        20,577,716   
   

 

 

 
      94,870,469   
   

 

 

 

 

MSF-168


Table of Contents

Metropolitan Series Fund

Neuberger Berman Genesis Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Health Care Providers & Services—3.1%

  

AmSurg Corp. (a)

    187,942      $ 7,461,297   

Henry Schein, Inc. (a)

    219,300        22,741,410   

MWI Veterinary Supply, Inc. (a)

    127,655        19,066,551   
   

 

 

 
      49,269,258   
   

 

 

 

Hotels, Restaurants & Leisure—3.9%

  

Bally Technologies, Inc. (a)

    270,230        19,472,774   

Brinker International, Inc.

    338,900        13,735,617   

Cheesecake Factory, Inc. (The)

    194,000        8,526,300   

Cracker Barrel Old Country Store, Inc.

    56,700        5,853,708   

Papa John’s International, Inc.

    97,900        6,841,252   

Texas Roadhouse, Inc.

    303,200        7,968,096   
   

 

 

 
      62,397,747   
   

 

 

 

Household Durables—0.2%

  

Leggett & Platt, Inc.

    132,700        4,000,905   
   

 

 

 

Household Products—2.2%

  

Church & Dwight Co., Inc.

    603,700        36,252,185   
   

 

 

 

Industrial Conglomerates—0.7%

  

Raven Industries, Inc.

    354,729        11,603,186   
   

 

 

 

Insurance—1.3%

  

RLI Corp.

    156,170        13,652,381   

Safety Insurance Group, Inc.

    138,000        7,309,860   
   

 

 

 
      20,962,241   
   

 

 

 

Internet Software & Services—0.2%

  

j2 Global, Inc.

    79,300        3,926,936   
   

 

 

 

IT Services—1.4%

  

Jack Henry & Associates, Inc.

    239,600        12,365,756   

Sapient Corp. (a)

    654,773        10,194,816   
   

 

 

 
      22,560,572   
   

 

 

 

Leisure Equipment & Products—1.8%

  

Polaris Industries, Inc.

    218,598        28,238,490   
   

 

 

 

Life Sciences Tools & Services—2.0%

  

ICON plc (a)

    504,537        20,650,699   

PAREXEL International Corp. (a)

    114,000        5,726,220   

Techne Corp.

    79,400        6,356,764   
   

 

 

 
      32,733,683   
   

 

 

 

Machinery—10.6%

  

Chart Industries, Inc. (a)

    76,200        9,375,648   

CLARCOR, Inc.

    483,102        26,826,654   

Donaldson Co., Inc.

    346,900        13,227,297   

Douglas Dynamics, Inc.

    142,166        2,094,105   

Graco, Inc.

    106,000        7,850,360   

Lincoln Electric Holdings, Inc.

    88,978        5,927,715   

Middleby Corp. (The) (a)

    57,600        12,033,216   

Nordson Corp.

    268,862        19,796,309   

RBC Bearings, Inc. (a)

    13,500        889,515   

Machinery—(Continued)

  

Tennant Co.

    90,978      5,640,636   

Toro Co. (The)

    264,400        14,370,140   

Valmont Industries, Inc.

    141,900        19,711,329   

Wabtec Corp.

    533,700        33,553,719   
   

 

 

 
      171,296,643   
   

 

 

 

Media—0.6%

  

Nexstar Broadcasting Group, Inc. - Class A

    229,100        10,196,095   
   

 

 

 

Metals & Mining—1.5%

  

Alamos Gold, Inc. (a)

    671,000        10,420,630   

Compass Minerals International, Inc.

    187,200        14,277,744   
   

 

 

 
      24,698,374   
   

 

 

 

Multi-Utilities—0.3%

  

NorthWestern Corp.

    112,300        5,044,516   
   

 

 

 

Office Electronics—0.9%

  

Zebra Technologies Corp. - Class A (a)

    317,582        14,459,508   
   

 

 

 

Oil, Gas & Consumable Fuels—2.4%

  

Gulfport Energy Corp. (a)

    286,000        18,401,240   

Kodiak Oil & Gas Corp. (a)

    207,900        2,507,274   

Laredo Petroleum Holdings, Inc. (a)

    189,300        5,618,424   

Oasis Petroleum, Inc. (a)

    216,500        10,636,645   

Painted Pony Petroleum, Ltd. (a)

    303,500        2,360,394   
   

 

 

 
      39,523,977   
   

 

 

 

Paper & Forest Products—0.6%

  

Stella-Jones, Inc.

    63,300        6,360,419   

Stella-Jones, Inc. (144A)

    25,800        2,592,399   
   

 

 

 
      8,952,818   
   

 

 

 

Professional Services—0.9%

  

Exponent, Inc.

    176,478        12,678,180   

Mistras Group, Inc. (a)

    68,434        1,163,378   
   

 

 

 
      13,841,558   
   

 

 

 

Real Estate Management & Development—2.2%

  

Altisource Asset Management Corp. (a)

    17,605        9,251,251   

Altisource Portfolio Solutions S.A. (a)

    192,552        26,959,206   
   

 

 

 
      36,210,457   
   

 

 

 

Road & Rail—0.4%

  

Genesee & Wyoming, Inc. - Class A (a)

    63,900        5,940,783   
   

 

 

 

Semiconductors & Semiconductor Equipment—1.9%

  

Hittite Microwave Corp. (a)

    275,492        18,003,402   

Power Integrations, Inc.

    234,430        12,694,385   
   

 

 

 
      30,697,787   
   

 

 

 

Software—7.6%

  

Advent Software, Inc.

    253,900        8,061,325   

Blackbaud, Inc.

    128,594        5,020,310   

 

MSF-169


Table of Contents

Metropolitan Series Fund

Neuberger Berman Genesis Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description  

Shares

    Value  

Software—(Continued)

  

 

Constellation Software, Inc.

    94,750      $ 16,678,842   

FactSet Research Systems, Inc.

    112,300        12,251,930   

Manhattan Associates, Inc. (a)

    155,419        14,834,744   

MICROS Systems, Inc. (a)

    438,332        21,890,300   

Monotype Imaging Holdings, Inc.

    257,593        7,382,615   

Solera Holdings, Inc.

    410,000        21,676,700   

Tyler Technologies, Inc. (a)

    164,600        14,397,562   
   

 

 

 
      122,194,328   
   

 

 

 

Specialty Retail—3.0%

  

Hibbett Sports, Inc. (a)

    257,600        14,464,240   

Sally Beauty Holdings, Inc. (a)

    514,600        13,461,936   

Tractor Supply Co.

    298,400        20,043,528   
   

 

 

 
      47,969,704   
   

 

 

 

Textiles, Apparel & Luxury Goods—0.5%

  

Wolverine World Wide, Inc.

    140,300        8,169,669   
   

 

 

 

Thrifts & Mortgage Finance—2.9%

  

Brookline Bancorp, Inc.

    717,063        6,747,563   

Home Loan Servicing Solutions, Ltd.

    623,139        13,715,289   

Ocwen Financial Corp. (a)

    475,700        26,529,789   
   

 

 

 
      46,992,641   
   

 

 

 

Trading Companies & Distributors—2.1%

  

Applied Industrial Technologies, Inc.

    315,471        16,246,757   

Beacon Roofing Supply, Inc. (a)

    199,113        7,341,296   

MSC Industrial Direct Co., Inc. - Class A

    62,800        5,108,780   

Watsco, Inc.

    63,525        5,988,502   
   

 

 

 
      34,685,335   
   

 

 

 

Water Utilities—0.2%

  

Aqua America, Inc.

    143,750        3,554,938   
   

 

 

 

Total Common Stocks
(Cost $1,088,003,479)

      1,565,918,029   
   

 

 

 
Short-Term Investment—2.8%   
Security Description   Principal
Amount*
    Value  

Repurchase Agreement—2.8%

  

Fixed Income Clearing Corp. Repurchase Agreement dated 09/30/13 at 0.000% to be repurchased at $46,215,000 on 10/01/13, collateralized by $47,020,000 U.S. Treasury Note at 0.875% due 04/30/17 with a value of $47,143,286.

    46,215,000      46,215,000   
   

 

 

 

Total Short-Term Investment
(Cost $46,215,000)

      46,215,000   
   

 

 

 

Total Investments—99.8%
(Cost $1,134,218,479) (b)

      1,612,133,029   

Other assets and liabilities (net)—0.2%

      2,942,970   
   

 

 

 
Net Assets—100.0%     $ 1,615,075,999   
   

 

 

 

 

* Principal amount stated in U.S. dollars unless otherwise noted.
(a) Non-income producing security.
(b) As of September 30, 2013, the aggregate cost of investments was $1,134,218,479. The aggregate unrealized appreciation and depreciation of investments were $481,902,759 and $(3,988,209), respectively, resulting in net unrealized appreciation of $477,914,550.
(144A)— Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of September 30, 2013, the market value of 144A securities was $2,592,399, which is 0.2% of net assets.

 

 

MSF-170


Table of Contents

Metropolitan Series Fund

Neuberger Berman Genesis Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

Fair Value Hierarchy

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to the Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1      Level 2      Level 3      Total  
Common Stocks            

Air Freight & Logistics

   $ 8,738,842       $ —         $ —         $ 8,738,842   

Auto Components

     5,696,334         —           —           5,696,334   

Beverages

     16,575,021         —           —           16,575,021   

Building Products

     14,593,534         —           —           14,593,534   

Chemicals

     67,741,379         —           —           67,741,379   

Commercial Banks

     113,398,832         —           —           113,398,832   

Commercial Services & Supplies

     73,953,626         —           —           73,953,626   

Communications Equipment

     9,872,114         —           —           9,872,114   

Construction Materials

     5,695,175         —           —           5,695,175   

Containers & Packaging

     41,185,312         —           —           41,185,312   

Distributors

     21,113,861         —           —           21,113,861   

Electrical Equipment

     9,884,609         —           —           9,884,609   

Electronic Equipment, Instruments & Components

     42,456,677         —           —           42,456,677   

Energy Equipment & Services

     78,800,167         —           —           78,800,167   

Food & Staples Retailing

     14,128,020         —           —           14,128,020   

Food Products

     30,685,807         —           —           30,685,807   

Gas Utilities

     20,153,916         —           —           20,153,916   

Health Care Equipment & Supplies

     94,870,469         —           —           94,870,469   

Health Care Providers & Services

     49,269,258         —           —           49,269,258   

Hotels, Restaurants & Leisure

     62,397,747         —           —           62,397,747   

Household Durables

     4,000,905         —           —           4,000,905   

Household Products

     36,252,185         —           —           36,252,185   

Industrial Conglomerates

     11,603,186         —           —           11,603,186   

Insurance

     20,962,241         —           —           20,962,241   

Internet Software & Services

     3,926,936         —           —           3,926,936   

IT Services

     22,560,572         —           —           22,560,572   

Leisure Equipment & Products

     28,238,490         —           —           28,238,490   

Life Sciences Tools & Services

     32,733,683         —           —           32,733,683   

Machinery

     171,296,643         —           —           171,296,643   

Media

     10,196,095         —           —           10,196,095   

Metals & Mining

     24,698,374         —           —           24,698,374   

Multi-Utilities

     5,044,516         —           —           5,044,516   

Office Electronics

     14,459,508         —           —           14,459,508   

Oil, Gas & Consumable Fuels

     39,523,977         —           —           39,523,977   

Paper & Forest Products

     6,360,419         2,592,399         —           8,952,818   

Professional Services

     13,841,558         —           —           13,841,558   

Real Estate Management & Development

     36,210,457         —           —           36,210,457   

Road & Rail

     5,940,783         —           —           5,940,783   

 

MSF-171


Table of Contents

Metropolitan Series Fund

Neuberger Berman Genesis Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Fair Value Hierarchy—(Continued)

 

Description    Level 1      Level 2      Level 3      Total  

Semiconductors & Semiconductor Equipment

   $ 30,697,787       $ —         $ —         $ 30,697,787   

Software

     122,194,328         —           —           122,194,328   

Specialty Retail

     47,969,704         —           —           47,969,704   

Textiles, Apparel & Luxury Goods

     8,169,669         —           —           8,169,669   

Thrifts & Mortgage Finance

     46,992,641         —           —           46,992,641   

Trading Companies & Distributors

     34,685,335         —           —           34,685,335   

Water Utilities

     3,554,938         —           —           3,554,938   

Total Common Stocks

     1,563,325,630         2,592,399         —           1,565,918,029   

Total Short-Term Investment*

     —           46,215,000         —           46,215,000   

Total Investments

   $ 1,563,325,630       $ 48,807,399       $ —         $ 1,612,133,029   
                                     

 

* See Schedule of Investments for additional detailed categorizations.

 

MSF-172


Table of Contents

Metropolitan Series Fund

Russell 2000® Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—93.6% of Net Assets

 

Security Description   Shares     Value  

Aerospace & Defense—1.5%

  

AAR Corp.

    20,590      $ 562,725   

Aerovironment, Inc. (a) (b)

    8,967        207,138   

American Science & Engineering, Inc.

    4,769        287,618   

Astronics Corp. (a)

    6,387        317,498   

Cubic Corp. (b)

    9,993        536,424   

Curtiss-Wright Corp.

    23,640        1,110,134   

DigitalGlobe, Inc. (a)

    37,451        1,184,201   

Ducommun, Inc. (a)

    5,534        158,715   

Engility Holdings, Inc. (a) (b)

    8,737        277,225   

Esterline Technologies Corp. (a)

    15,964        1,275,364   

GenCorp, Inc. (a) (b)

    29,383        471,009   

HEICO Corp. (b)

    25,897        1,754,263   

KEYW Holding Corp. (The) (a) (b)

    16,705        224,682   

Kratos Defense & Security Solutions, Inc. (a) (b)

    22,697        187,931   

Moog, Inc. - Class A (a)

    22,153        1,299,717   

National Presto Industries, Inc.

    2,572        181,095   

Orbital Sciences Corp. (a)

    29,768        630,486   

Sparton Corp. (a)

    5,744        146,472   

Taser International, Inc. (a) (b)

    26,071        388,719   

Teledyne Technologies, Inc. (a)

    18,825        1,598,807   
   

 

 

 
      12,800,223   
   

 

 

 

Air Freight & Logistics—0.4%

  

Air Transport Services Group, Inc. (a)

    26,883        201,353   

Atlas Air Worldwide Holdings, Inc. (a)

    12,090        557,470   

Echo Global Logistics, Inc. (a) (b)

    8,016        167,855   

Forward Air Corp.

    15,560        627,846   

HUB Group, Inc. - Class A (a)

    19,221        754,040   

Pacer International, Inc. (a) (b)

    18,622        115,270   

Park-Ohio Holdings Corp. (a)

    4,748        182,418   

UTi Worldwide, Inc. (b)

    45,516        687,747   

XPO Logistics, Inc. (a)

    14,916        323,230   
   

 

 

 
      3,617,229   
   

 

 

 

Airlines—0.6%

  

Allegiant Travel Co.

    7,740        815,487   

Hawaiian Holdings, Inc. (a) (b)

    26,730        198,871   

JetBlue Airways Corp. (a) (b)

    117,553        782,903   

Republic Airways Holdings, Inc. (a)

    25,789        306,889   

SkyWest, Inc.

    24,419        354,564   

Spirit Airlines, Inc. (a)

    30,196        1,034,817   

U.S. Airways Group, Inc. (a)

    96,670        1,832,863   
   

 

 

 
      5,326,394   
   

 

 

 

Auto Components—1.0%

  

American Axle & Manufacturing Holdings, Inc. (a) (b)

    34,595        682,213   

Cooper Tire & Rubber Co. (b)

    32,939        1,014,521   

Dana Holding Corp. (b)

    74,123        1,692,969   

Dorman Products, Inc.

    12,774        632,952   

Drew Industries, Inc.

    11,598        528,173   

Federal-Mogul Corp. (a)

    10,391        174,465   

Fox Factory Holding Corp. (a)

    7,250        139,708   

Fuel Systems Solutions, Inc. (a)

    8,320        163,571   

Gentherm, Inc. (a)

    16,060        306,425   

Auto Components—(Continued)

  

Modine Manufacturing Co. (a)

    24,735      361,873   

Remy International, Inc.

    5,631        113,971   

Spartan Motors, Inc.

    19,530        118,547   

Standard Motor Products, Inc. (b)

    9,638        309,958   

Stoneridge, Inc. (a)

    13,705        148,151   

Superior Industries International, Inc.

    12,615        224,926   

Tenneco, Inc. (a)

    29,894        1,509,647   
   

 

 

 
      8,122,070   
   

 

 

 

Automobiles—0.1%

  

Winnebago Industries, Inc. (a)

    16,165        419,643   
   

 

 

 

Beverages—0.2%

   

Boston Beer Co., Inc. (The) - Class A (a)

    4,097        1,000,528   

Coca-Cola Bottling Co. Consolidated

    2,376        148,785   

National Beverage Corp. (b)

    7,440        132,879   
   

 

 

 
      1,282,192   
   

 

 

 

Biotechnology—3.9%

  

ACADIA Pharmaceuticals, Inc. (a) (b)

    35,491        974,938   

Achillion Pharmaceuticals, Inc. (a) (b)

    49,415        149,233   

Acorda Therapeutics, Inc. (a)

    20,455        701,197   

Aegerion Pharmaceuticals, Inc. (a) (b)

    14,080        1,206,797   

Agios Pharmaceuticals, Inc. (a)

    5,077        141,953   

Alnylam Pharmaceuticals, Inc. (a) (b)

    29,088        1,861,923   

AMAG Pharmaceuticals, Inc. (a)

    11,699        251,295   

Anacor Pharmaceuticals, Inc. (a) (b)

    14,559        154,617   

Arena Pharmaceuticals, Inc. (a) (b)

    114,562        603,742   

Array BioPharma, Inc. (a) (b)

    63,397        394,329   

Astex Pharmaceuticals (a)

    52,716        447,032   

Bluebird Bio, Inc. (a)

    5,119        138,008   

Cell Therapeutics, Inc. (a)

    63,353        102,695   

Celldex Therapeutics, Inc. (a) (b)

    40,554        1,436,828   

Cepheid, Inc. (a) (b)

    34,332        1,340,321   

Chelsea Therapeutics International, Ltd. (a)

    38,469        115,792   

Chimerix, Inc. (a)

    4,816        105,856   

Clovis Oncology, Inc. (a)

    8,186        497,545   

Coronado Biosciences, Inc. (a) (b)

    11,263        79,066   

Curis, Inc. (a) (b)

    43,921        195,888   

Cytokinetics, Inc. (a)

    13,033        98,920   

Dendreon Corp. (a) (b)

    82,091        240,527   

Dyax Corp. (a)

    51,208        351,287   

Dynavax Technologies Corp. (a) (b)

    102,480        122,976   

Emergent Biosolutions, Inc. (a)

    13,410        255,460   

Epizyme, Inc. (a) (b)

    2,643        106,064   

Exact Sciences Corp. (a) (b)

    36,373        429,565   

Exelixis, Inc. (a) (b)

    94,969        552,720   

Galena Biopharma, Inc. (a) (b)

    47,568        107,979   

Genomic Health, Inc. (a) (b)

    8,810        269,410   

Geron Corp. (a)

    72,481        242,811   

Halozyme Therapeutics, Inc. (a) (b)

    47,510        524,510   

Hyperion Therapeutics, Inc. (a) (b)

    4,670        122,027   

Idenix Pharmaceuticals, Inc. (a) (b)

    48,904        254,790   

ImmunoGen, Inc. (a) (b)

    44,397        755,637   

Immunomedics, Inc. (a) (b)

    39,907        247,024   

Infinity Pharmaceuticals, Inc. (a) (b)

    24,496        427,455   

 

MSF-173


Table of Contents

Metropolitan Series Fund

Russell 2000® Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Biotechnology—(Continued)

   

Insmed, Inc. (a) (b)

    18,158      $ 283,446   

Intercept Pharmaceuticals, Inc. (a) (b)

    3,580        247,127   

InterMune, Inc. (a) (b)

    43,557        669,471   

Intrexon Corp. (a)

    7,750        183,598   

Ironwood Pharmaceuticals, Inc. (a) (b)

    47,826        566,738   

Isis Pharmaceuticals, Inc. (a) (b)

    55,626        2,088,200   

Keryx Biopharmaceuticals, Inc. (a)

    41,752        421,695   

KYTHERA Biopharmaceuticals, Inc. (a) (b)

    5,488        250,802   

Lexicon Pharmaceuticals, Inc. (a) (b)

    119,680        283,642   

Ligand Pharmaceuticals, Inc. - Class B (a) (b)

    9,228        399,388   

MannKind Corp. (a) (b)

    74,752        426,086   

Merrimack Pharmaceuticals, Inc. (a) (b)

    46,931        178,338   

MiMedx Group, Inc. (a) (b)

    49,469        206,286   

Momenta Pharmaceuticals, Inc. (a)

    23,710        341,187   

Neurocrine Biosciences, Inc. (a) (b)

    35,916        406,569   

NewLink Genetics Corp. (a) (b)

    7,185        134,934   

Novavax, Inc. (a) (b)

    73,065        230,885   

NPS Pharmaceuticals, Inc. (a) (b)

    51,119        1,626,095   

Opko Health, Inc. (a) (b)

    95,942        845,249   

Orexigen Therapeutics, Inc. (a)

    48,954        300,578   

Osiris Therapeutics, Inc. (a) (b)

    9,827        163,521   

PDL BioPharma, Inc. (b)

    75,107        598,603   

Peregrine Pharmaceuticals, Inc. (a) (b)

    110,730        156,129   

Portola Pharmaceuticals, Inc. (a) (b)

    6,934        185,485   

Progenics Pharmaceuticals, Inc. (a) (b)

    26,203        131,801   

Prothena Corp. plc (a) (b)

    6,779        137,139   

PTC Therapeutics, Inc. (a)

    6,967        149,512   

Puma Biotechnology, Inc. (a)

    10,627        570,245   

Raptor Pharmaceutical Corp. (a)

    30,816        460,391   

Repligen Corp. (a)

    18,018        199,820   

Rigel Pharmaceuticals, Inc. (a) (b)

    47,337        169,466   

Sangamo Biosciences, Inc. (a) (b)

    28,660        300,357   

Sarepta Therapeutics, Inc. (a) (b)

    17,226        813,584   

Spectrum Pharmaceuticals, Inc. (b)

    30,932        259,519   

Stemline Therapeutics, Inc. (a)

    5,043        228,397   

Synageva BioPharma Corp. (a) (b)

    8,763        554,786   

Synergy Pharmaceuticals, Inc. (a) (b)

    42,569        194,540   

Synta Pharmaceuticals Corp. (a) (b)

    20,751        130,939   

TESARO, Inc. (a) (b)

    6,990        270,793   

Threshold Pharmaceuticals, Inc. (a) (b)

    24,847        115,539   

Vanda Pharmaceuticals, Inc. (a)

    15,947        174,939   

Verastem, Inc. (a)

    7,985        99,333   

XOMA Corp. (a) (b)

    33,961        152,145   

ZIOPHARM Oncology, Inc. (a) (b)

    38,299        151,281   
   

 

 

 
      32,466,795   
   

 

 

 

Building Products—0.7%

   

AAON, Inc.

    15,362        408,015   

American Woodmark Corp. (a)

    5,650        195,772   

Apogee Enterprises, Inc.

    13,569        402,728   

Builders FirstSource, Inc. (a) (b)

    25,665        150,910   

Gibraltar Industries, Inc. (a)

    14,856        211,847   

Griffon Corp. (b)

    24,495        307,167   

Insteel Industries, Inc.

    9,958        160,324   

NCI Building Systems, Inc. (a) (b)

    10,596        134,993   

Nortek, Inc. (a) (b)

    4,481        307,889   

Building Products—(Continued)

   

Patrick Industries, Inc. (a)

    3,662      110,043   

PGT, Inc. (a)

    17,505        173,475   

Ply Gem Holdings, Inc. (a)

    10,411        145,546   

Quanex Building Products Corp. (b)

    17,697        333,234   

Simpson Manufacturing Co., Inc.

    20,877        679,964   

Trex Co., Inc. (a) (b)

    8,732        432,496   

Universal Forest Products, Inc. (b)

    10,498        441,966   

USG Corp. (a) (b)

    39,350        1,124,623   
   

 

 

 
      5,720,992   
   

 

 

 

Capital Markets—2.5%

   

Apollo Investment Corp.

    116,588        950,192   

Arlington Asset Investment Corp. - Class A (b)

    7,800        185,484   

BGC Partners, Inc. - Class A

    64,999        367,244   

BlackRock Kelso Capital Corp.

    38,057        361,161   

Calamos Asset Management, Inc. - Class A (b)

    11,175        111,638   

Capital Southwest Corp.

    7,000        239,470   

Cohen & Steers, Inc. (b)

    9,693        342,260   

Cowen Group, Inc. - Class A (a)

    41,897        144,545   

Diamond Hill Investment Group, Inc. (b)

    1,546        165,345   

Evercore Partners, Inc. - Class A

    15,370        756,665   

FBR & Co. (a)

    5,282        141,610   

Fidus Investment Corp.

    7,619        147,809   

Fifth Street Finance Corp.

    69,174        711,800   

Financial Engines, Inc. (b)

    24,757        1,471,556   

Firsthand Technology Value Fund, Inc. (a) (b)

    5,589        136,819   

FXCM, Inc. (b)

    18,846        372,208   

GAMCO Investors, Inc. - Class A

    3,184        241,761   

GFI Group, Inc.

    37,273        147,228   

Gladstone Capital Corp.

    12,173        106,270   

Gladstone Investment Corp. (b)

    14,338        101,083   

Golub Capital BDC, Inc. (b)

    17,843        309,398   

Greenhill & Co., Inc. (b)

    13,818        689,242   

GSV Capital Corp. (a) (b)

    10,696        158,515   

Hercules Technology Growth Capital, Inc. (b)

    32,237        491,614   

HFF, Inc. - Class A

    17,729        444,111   

ICG Group, Inc. (a)

    20,148        285,900   

International FCStone, Inc. (a) (b)

    7,668        156,811   

Investment Technology Group, Inc. (a)

    17,949        282,158   

Janus Capital Group, Inc. (b)

    75,490        642,420   

KCAP Financial, Inc. (b)

    12,596        113,112   

KCG Holdings, Inc. - Class A (a)

    36,686        318,068   

Ladenburg Thalmann Financial Services, Inc. (a) (b)

    56,603        102,451   

Main Street Capital Corp.

    19,878        594,949   

Manning & Napier, Inc.

    8,917        148,736   

MCG Capital Corp.

    37,449        188,743   

Medallion Financial Corp. (b)

    7,820        116,362   

Medley Capital Corp. (b)

    20,816        287,053   

MVC Capital, Inc.

    13,488        176,153   

New Mountain Finance Corp.

    19,363        279,021   

Oppenheimer Holdings, Inc. - Class A

    5,749        102,160   

PennantPark Floating Rate Capital, Ltd.

    8,031        110,667   

PennantPark Investment Corp. (b)

    33,969        382,491   

 

MSF-174


Table of Contents

Metropolitan Series Fund

Russell 2000® Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Capital Markets—(Continued)

  

Piper Jaffray Cos. (a)

    8,439      $ 289,373   

Prospect Capital Corp. (b)

    130,859        1,463,004   

Safeguard Scientifics, Inc. (a) (b)

    11,857        186,036   

Solar Capital, Ltd. (b)

    23,565        522,436   

Solar Senior Capital, Ltd.

    6,468        116,941   

Stellus Capital Investment Corp.

    6,692        100,246   

Stifel Financial Corp. (a) (b)

    31,775        1,309,765   

TCP Capital Corp. (b)

    13,557        219,895   

THL Credit, Inc. (b)

    17,620        275,224   

TICC Capital Corp. (b)

    24,365        237,559   

Triangle Capital Corp. (b)

    13,996        411,063   

Virtus Investment Partners, Inc. (a)

    3,430        557,855   

Walter Investment Management Corp. (a)

    19,069        753,988   

Westwood Holdings Group, Inc. (b)

    3,352        161,064   

WisdomTree Investments, Inc. (a)

    50,887        590,798   
   

 

 

 
      20,777,530   
   

 

 

 

Chemicals—2.1%

   

A Schulman, Inc.

    13,279        391,199   

Advanced Emissions Solutions, Inc. (a)

    4,907        209,627   

American Pacific Corp. (a)

    3,240        177,422   

American Vanguard Corp.

    14,887        400,758   

Arabian American Development Co. (a)

    10,819        98,453   

Axiall Corp.

    35,265        1,332,664   

Balchem Corp.

    15,297        791,620   

Calgon Carbon Corp. (a)

    26,161        496,797   

Chase Corp.

    3,533        103,800   

Chemtura Corp. (a)

    48,619        1,117,751   

Ferro Corp. (a)

    34,923        318,149   

Flotek Industries, Inc. (a) (b)

    22,153        509,519   

FutureFuel Corp.

    9,675        173,763   

Hawkins, Inc.

    4,778        180,322   

HB Fuller Co.

    25,868        1,168,975   

Innophos Holdings, Inc.

    11,603        612,406   

Innospec, Inc.

    12,490        582,784   

Intrepid Potash, Inc. (b)

    27,693        434,226   

KMG Chemicals, Inc.

    4,413        97,042   

Koppers Holdings, Inc.

    11,124        474,439   

Kraton Performance Polymers, Inc. (a)

    16,524        323,705   

Landec Corp. (a)

    14,010        170,922   

LSB Industries, Inc. (a)

    9,253        310,253   

Minerals Technologies, Inc.

    17,678        872,763   

Olin Corp. (b)

    41,593        959,551   

OM Group, Inc. (a)

    16,641        562,133   

OMNOVA Solutions, Inc. (a)

    24,497        209,449   

PolyOne Corp.

    48,317        1,483,815   

Quaker Chemical Corp.

    6,591        481,473   

Sensient Technologies Corp.

    24,710        1,183,362   

Stepan Co.

    8,970        517,838   

Taminco Corp. (a)

    6,308        128,052   

Tredegar Corp.

    13,367        347,542   

Zep, Inc.

    10,762        174,990   

Zoltek Cos., Inc. (a)

    15,344        256,091   
   

 

 

 
      17,653,655   
   

 

 

 

Commercial Banks—6.4%

  

 

1st Source Corp. (b)

    8,143      219,210   

1st United Bancorp, Inc.

    12,631        92,585   

American National Bankshares, Inc.

    4,458        103,426   

Ameris Bancorp (a)

    13,498        248,093   

Ames National Corp.

    4,449        101,304   

Arrow Financial Corp. (b)

    5,596        142,747   

Bancfirst Corp. (b)

    4,227        228,554   

Banco Latinoamericano de Exportaciones S.A. - Class E

    14,005        349,005   

Bancorp, Inc. (a)

    17,608        312,014   

BancorpSouth, Inc. (b)

    45,861        914,468   

Bank of Marin Bancorp

    3,199        132,918   

Bank of the Ozarks, Inc.

    15,721        754,451   

Banner Corp.

    10,387        396,368   

BBCN Bancorp, Inc.

    39,760        547,098   

BNC Bancorp (b)

    10,025        133,733   

Boston Private Financial Holdings, Inc.

    40,232        446,575   

Bridge Bancorp, Inc.

    3,615        77,723   

Bryn Mawr Bank Corp.

    6,395        172,473   

Camden National Corp.

    3,953        161,678   

Capital Bank Financial Corp. - Class A (a)

    12,884        282,804   

Cardinal Financial Corp.

    17,067        282,118   

Cathay General Bancorp

    39,976        934,239   

Center Bancorp, Inc.

    6,530        92,987   

Centerstate Banks, Inc.

    16,702        161,675   

Central Pacific Financial Corp. (b)

    11,945        211,426   

Chemical Financial Corp.

    13,755        384,040   

Citizens & Northern Corp.

    6,716        133,917   

City Holding Co. (b)

    8,336        360,449   

CNB Financial Corp. (b)

    6,782        115,633   

CoBiz Financial, Inc.

    17,832        172,257   

Columbia Banking System, Inc. (b)

    26,670        658,749   

Community Bank System, Inc. (b)

    21,059        718,533   

Community Trust Bancorp, Inc.

    7,420        301,178   

Customers Bancorp, Inc. (a)

    10,624        171,046   

CVB Financial Corp. (b)

    47,878        647,311   

Eagle Bancorp, Inc. (a)

    10,028        283,692   

Enterprise Financial Services Corp.

    11,259        188,926   

Fidelity Southern Corp.

    7,923        121,539   

Financial Institutions, Inc.

    6,461        132,192   

First Bancorp (b)

    47,258        340,708   

First Busey Corp.

    42,355        220,670   

First Commonwealth Financial Corp. (b)

    45,151        342,696   

First Community Bancshares, Inc.

    8,470        138,484   

First Connecticut Bancorp Inc. (b)

    9,833        144,545   

First Financial Bancorp

    30,745        466,402   

First Financial Bankshares, Inc. (b)

    15,344        902,534   

First Financial Corp.

    6,038        190,620   

First Financial Holdings, Inc. (b)

    12,195        672,676   

First Interstate Bancsystem, Inc.

    9,233        222,977   

First Merchants Corp.

    14,938        258,876   

First Midwest Bancorp, Inc.

    35,696        539,367   

First of Long Island Corp. (The) (b)

    3,365        130,730   

FirstMerit Corp.

    83,808        1,819,472   

Flushing Financial Corp.

    17,365        320,384   

FNB Corp. (b)

    71,997        873,324   

German American Bancorp, Inc. (b)

    6,759        170,462   

 

MSF-175


Table of Contents

Metropolitan Series Fund

Russell 2000® Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Commercial Banks—(Continued)

  

 

Glacier Bancorp, Inc. (b)

    36,532      $ 902,706   

Great Southern Bancorp, Inc.

    6,069        171,328   

Guaranty Bancorp

    8,675        118,761   

Hancock Holding Co.

    42,609        1,337,070   

Hanmi Financial Corp.

    17,546        290,737   

Heartland Financial USA, Inc.

    7,703        214,606   

Heritage Financial Corp.

    10,314        160,073   

Home BancShares, Inc.

    23,766        721,773   

Home Federal Bancorp, Inc. (b)

    10,146        127,637   

HomeTrust Bancshares, Inc. (a) (b)

    10,270        169,455   

Horizon Bancorp (b)

    4,830        112,780   

Hudson Valley Holding Corp.

    7,889        148,155   

Iberiabank Corp.

    15,241        790,551   

Independent Bank Corp. (b)

    11,835        422,509   

International Bancshares Corp.

    27,173        587,752   

Investors Bancorp, Inc. (b)

    22,076        483,023   

Lakeland Bancorp, Inc.

    16,496        185,580   

Lakeland Financial Corp.

    9,208        300,641   

MainSource Financial Group, Inc.

    12,295        186,761   

MB Financial, Inc.

    28,968        818,056   

Mercantile Bank Corp.

    4,833        105,263   

Metro Bancorp, Inc. (a)

    7,930        166,609   

MetroCorp Bancshares, Inc.

    8,864        121,969   

MidWestOne Financial Group, Inc.

    3,830        98,469   

National Bank Holdings Corp. - Class A

    26,547        545,275   

National Bankshares, Inc.

    4,218        151,384   

National Penn Bancshares, Inc.

    59,275        595,714   

NBT Bancorp, Inc.

    24,027        552,140   

NewBridge Bancorp (a)

    14,228        103,722   

OFG Bancorp

    25,382        410,935   

Old National Bancorp

    53,086        753,821   

OmniAmerican Bancorp, Inc. (a)

    7,185        175,745   

Pacific Continental Corp.

    10,841        142,126   

Pacific Premier Bancorp, Inc. (a) (b)

    8,535        114,710   

PacWest Bancorp

    19,360        665,210   

Park National Corp.

    5,759        455,422   

Park Sterling Corp.

    18,229        116,848   

Penns Woods Bancorp, Inc.

    1,988        99,042   

Peoples Bancorp, Inc.

    5,988        125,029   

Pinnacle Financial Partners, Inc. (a) (b)

    18,820        561,024   

Preferred Bank (a)

    6,777        120,563   

PrivateBancorp, Inc.

    33,931        726,123   

Prosperity Bancshares, Inc. (b)

    30,210        1,868,186   

Renasant Corp. (b)

    15,636        424,830   

Republic Bancorp, Inc. - Class A (b)

    5,421        149,349   

S&T Bancorp, Inc.

    15,660        379,285   

Sandy Spring Bancorp, Inc.

    13,670        317,964   

Sierra Bancorp

    7,033        110,629   

Simmons First National Corp. - Class A

    9,347        290,598   

Southside Bancshares, Inc. (b)

    8,740        234,407   

Southwest Bancorp, Inc. (a)

    11,069        163,932   

State Bank Financial Corp.

    16,379        259,935   

StellarOne Corp.

    12,984        292,140   

Sterling Bancorp

    17,221        236,444   

Sterling Financial Corp.

    17,351        497,106   

Suffolk Bancorp (a)

    6,378        113,018   

Susquehanna Bancshares, Inc.

    93,642        1,175,207   

Commercial Banks—(Continued)

  

 

SY Bancorp, Inc. (b)

    7,089      200,831   

Taylor Capital Group, Inc. (a)

    7,608        168,517   

Texas Capital Bancshares, Inc. (a)

    21,162        972,817   

Tompkins Financial Corp.

    7,424        343,137   

TowneBank (b)

    12,365        178,303   

Trico Bancshares (b)

    8,062        183,652   

Trustmark Corp. (b)

    34,161        874,522   

UMB Financial Corp. (b)

    17,961        976,001   

Umpqua Holdings Corp. (b)

    55,348        897,745   

Union First Market Bankshares Corp. (b)

    9,844        230,054   

United Bankshares, Inc. (b)

    25,900        750,582   

United Community Banks, Inc. (a)

    21,449        321,735   

Univest Corp. of Pennsylvania

    9,559        180,187   

ViewPoint Financial Group, Inc.

    20,388        421,420   

Virginia Commerce Bancorp, Inc. (a)

    12,273        190,600   

Washington Banking Co.

    9,167        128,888   

Washington Trust Bancorp, Inc.

    7,713        242,420   

Webster Financial Corp.

    45,341        1,157,556   

WesBanco, Inc.

    12,861        382,358   

West Bancorp, Inc.

    8,036        110,897   

Westamerica Bancorp (b)

    14,310        711,779   

Western Alliance Bancorp (a)

    37,712        713,888   

Wilshire Bancorp, Inc.

    29,438        240,803   

Wintrust Financial Corp. (b)

    19,337        794,171   

Yadkin Financial Corp. (a)

    7,897        136,065   
   

 

 

 
      52,823,116   
   

 

 

 

Commercial Services & Supplies—2.0%

  

ABM Industries, Inc.

    27,975        744,695   

ACCO Brands Corp. (a) (b)

    58,424        387,935   

ARC Document Solutions, Inc. (a)

    21,379        98,130   

Brink’s Co. (The)

    24,924        705,349   

Casella Waste Systems, Inc. - Class A (a)

    20,518        117,979   

Ceco Environmental Corp. (b)

    9,240        130,099   

Consolidated Graphics, Inc. (a)

    4,031        225,978   

Costa, Inc. (a)

    5,065        96,336   

Courier Corp.

    6,229        98,543   

Deluxe Corp. (b)

    25,571        1,065,288   

EnerNOC, Inc. (a) (b)

    15,853        237,636   

Ennis, Inc.

    14,123        254,779   

G&K Services, Inc. - Class A

    9,849        594,781   

Healthcare Services Group, Inc. (b)

    32,219        829,961   

Herman Miller, Inc.

    27,591        805,105   

HNI Corp. (b)

    22,105        799,759   

InnerWorkings, Inc. (a)

    22,568        221,618   

Interface, Inc.

    31,333        621,647   

Kimball International, Inc. - Class B

    18,813        208,636   

Knoll, Inc. (b)

    25,885        438,492   

McGrath RentCorp (b)

    13,375        477,488   

Mine Safety Appliances Co.

    14,087        727,030   

Mobile Mini, Inc. (a)

    19,043        648,605   

Multi-Color Corp. (b)

    6,895        233,947   

Performant Financial Corp. (a)

    11,558        126,213   

Quad/Graphics, Inc.

    13,076        396,987   

Schawk, Inc.

    7,118        105,631   

Standard Parking Corp. (a)

    8,683        233,486   

 

MSF-176


Table of Contents

Metropolitan Series Fund

Russell 2000® Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Commercial Services & Supplies—(Continued)

  

Steelcase, Inc. - Class A

    41,383      $ 687,785   

Team, Inc. (a)

    10,055        399,686   

Tetra Tech, Inc. (a) (c)

    33,211        859,833   

TMS International Corp. - Class A

    7,203        125,620   

U.S. Ecology, Inc.

    10,060        303,108   

UniFirst Corp.

    7,601        793,696   

United Stationers, Inc. (b)

    19,263        837,941   

Viad Corp.

    11,786        294,061   

West Corp. (b)

    9,192        203,787   
   

 

 

 
      16,137,650   
   

 

 

 

Communications Equipment—1.8%

  

ADTRAN, Inc. (b)

    30,097        801,784   

Alliance Fiber Optic Products, Inc. (b)

    6,504        133,137   

Anaren, Inc. (a) (b)

    5,087        129,719   

ARRIS Group, Inc. (a)

    59,022        1,006,915   

Aruba Networks, Inc. (a)

    59,276        986,353   

Bel Fuse, Inc. - Class B

    5,512        96,129   

Black Box Corp.

    7,046        215,889   

CalAmp Corp. (a)

    19,380        341,669   

Calix, Inc. (a)

    19,494        248,159   

Ciena Corp. (a) (b)

    49,168        1,228,217   

Comtech Telecommunications Corp.

    8,068        196,214   

Digi International, Inc. (a)

    14,316        143,303   

Emulex Corp. (a)

    45,893        356,130   

Extreme Networks (a)

    49,591        258,865   

Finisar Corp. (a)

    47,662        1,078,591   

Globecomm Systems, Inc. (a)

    14,070        197,402   

Harmonic, Inc. (a)

    48,208        370,720   

Infinera Corp. (a) (b)

    56,037        633,778   

InterDigital, Inc.

    21,402        798,937   

Ixia (a)

    28,748        450,481   

KVH Industries, Inc. (a)

    8,641        119,246   

NETGEAR, Inc. (a) (b)

    20,185        622,909   

Oplink Communications, Inc. (a)

    10,830        203,821   

Parkervision, Inc. (a) (b)

    43,816        146,784   

Plantronics, Inc.

    21,347        983,029   

Procera Networks, Inc. (a) (b)

    10,321        159,872   

Ruckus Wireless, Inc. (a)

    22,533        379,230   

ShoreTel, Inc. (a)

    25,559        154,376   

Sonus Networks, Inc. (a)

    111,897        378,212   

Symmetricom, Inc. (a)

    22,874        110,253   

Tellabs, Inc.

    183,934        417,530   

Tessco Technologies, Inc. (b)

    3,116        105,009   

Ubiquiti Networks, Inc. (b)

    5,898        198,114   

ViaSat, Inc. (a)

    19,916        1,269,645   
   

 

 

 
      14,920,422   
   

 

 

 

Computers & Peripherals—0.4%

  

 

Avid Technology, Inc. (a)

    15,838        95,028   

Cray, Inc. (a)

    20,870        502,341   

Datalink Corp. (a)

    9,229        124,776   

Electronics for Imaging, Inc. (a)

    23,486        744,036   

Fusion-io, Inc. (a) (b)

    38,656        517,604   

Immersion Corp. (a)

    16,446        216,923   

QLogic Corp. (a)

    44,263        484,237   

Computers & Peripherals—(Continued)

  

Quantum Corp. (a) (b)

    113,826      157,080   

Silicon Graphics International Corp. (a)

    18,071        293,654   

Super Micro Computer, Inc. (a)

    14,579        197,400   
   

 

 

 
      3,333,079   
   

 

 

 

Construction & Engineering—0.8%

  

Aegion Corp. (a) (b)

    20,173        478,705   

Ameresco, Inc. - Class A (a) (b)

    5,711        57,224   

Argan, Inc.

    5,446        119,649   

Comfort Systems USA, Inc.

    16,594        278,945   

Dycom Industries, Inc. (a)

    16,749        468,804   

EMCOR Group, Inc.

    32,867        1,286,086   

Furmanite Corp. (a)

    19,494        192,991   

Granite Construction, Inc.

    20,021        612,643   

Great Lakes Dredge & Dock Corp. (b)

    32,033        237,685   

Layne Christensen Co. (a) (b)

    10,438        208,342   

MasTec, Inc. (a) (b)

    29,748        901,364   

Michael Baker Corp. (b)

    4,638        187,700   

MYR Group, Inc. (a)

    10,017        243,413   

Northwest Pipe Co. (a)

    4,794        157,627   

Orion Marine Group, Inc. (a)

    14,575        151,726   

Pike Electric Corp.

    13,447        152,220   

Primoris Services Corp.

    17,845        454,512   

Tutor Perini Corp. (a)

    19,192        409,173   
   

 

 

 
      6,598,809   
   

 

 

 

Construction Materials—0.1%

  

Headwaters, Inc. (a) (b)

    38,364        344,892   

Texas Industries, Inc. (a) (b)

    11,145        739,025   

U.S. Concrete, Inc. (a)

    7,217        144,773   
   

 

 

 
      1,228,690   
   

 

 

 

Consumer Finance—0.7%

   

Cash America International, Inc. (b)

    14,003        634,056   

Credit Acceptance Corp. (a)

    3,612        400,246   

DFC Global Corp. (a) (b)

    22,515        247,440   

Encore Capital Group, Inc. (a) (b)

    11,801        541,194   

Ezcorp, Inc. - Class A (a)

    24,505        413,644   

First Cash Financial Services, Inc. (a)

    14,639        848,330   

Green Dot Corp. - Class A (a)

    12,988        341,974   

Nelnet, Inc. - Class A

    12,596        484,316   

Portfolio Recovery Associates, Inc. (a)

    25,449        1,525,413   

World Acceptance Corp. (a) (b)

    4,646        417,768   
   

 

 

 
      5,854,381   
   

 

 

 

Containers & Packaging—0.3%

  

AEP Industries, Inc. (a)

    2,424        180,128   

Berry Plastics Group, Inc. (a)

    27,955        558,261   

Boise, Inc.

    47,009        592,313   

Graphic Packaging Holding Co. (a)

    105,650        904,364   

Myers Industries, Inc.

    12,789        257,187   
   

 

 

 
      2,492,253   
   

 

 

 

 

MSF-177


Table of Contents

Metropolitan Series Fund

Russell 2000® Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Distributors—0.2%

  

Core-Mark Holding Co., Inc.

    5,932      $ 394,122   

Pool Corp. (b)

    23,340        1,310,074   

VOXX International Corp. (a) (b)

    10,683        146,357   

Weyco Group, Inc. (b)

    4,154        117,642   
   

 

 

 
      1,968,195   
   

 

 

 

Diversified Consumer Services—1.2%

  

 

American Public Education, Inc. (a) (b)

    9,943        375,845   

Ascent Capital Group, Inc. - Class A (a) (b)

    6,860        553,053   

Bridgepoint Education, Inc. (a) (b)

    9,743        175,764   

Bright Horizons Family Solutions, Inc. (a)

    6,946        248,875   

Capella Education Co. (a)

    5,633        318,602   

Carriage Services, Inc.

    9,414        182,632   

Education Management Corp. (a) (b)

    13,467        122,819   

Grand Canyon Education, Inc. (a)

    22,843        920,116   

Hillenbrand, Inc.

    28,780        787,709   

ITT Educational Services, Inc. (a) (b)

    11,937        370,047   

K12, Inc. (a) (b)

    13,883        428,707   

LifeLock, Inc. (a) (b)

    30,848        457,476   

Mac-Gray Corp.

    7,254        105,618   

Matthews International Corp. - Class A

    13,720        522,458   

Outerwall, Inc. (a) (b)

    14,700        734,853   

Regis Corp. (b)

    24,117        354,038   

Sotheby’s

    33,921        1,666,539   

Steiner Leisure, Ltd. (a)

    7,524        439,627   

Stewart Enterprises, Inc. - Class A (b)

    36,822        483,841   

Strayer Education, Inc. (b)

    6,343        263,361   

Universal Technical Institute, Inc. (b)

    11,178        135,589   
   

 

 

 
      9,647,569   
   

 

 

 

Diversified Financial Services—0.3%

  

 

MarketAxess Holdings, Inc.

    19,495        1,170,480   

Marlin Business Services Corp.

    4,620        115,315   

NewStar Financial, Inc. (a)

    14,397        263,033   

PHH Corp. (a) (b)

    26,715        634,214   

PICO Holdings, Inc. (a)

    12,147        263,104   
   

 

 

 
      2,446,146   
   

 

 

 

Diversified Telecommunication Services—0.5%

  

8x8, Inc. (a)

    37,474        377,363   

Atlantic Tele-Network, Inc.

    4,754        247,826   

Cbeyond, Inc. (a)

    13,419        86,016   

Cincinnati Bell, Inc. (a)

    106,292        289,114   

Cogent Communications Group, Inc. (b)

    24,794        799,606   

Consolidated Communications Holdings, Inc. (b)

    19,216        331,284   

Fairpoint Communications, Inc. (a) (b)

    11,602        110,799   

General Communication, Inc. - Class A (a)

    16,537        157,432   

Hawaiian Telcom Holdco, Inc. (a) (b)

    6,401        170,267   

IDT Corp. - Class B

    8,438        149,774   

inContact, Inc. (a) (b)

    27,382        226,449   

Inteliquent, Inc.

    16,025        154,801   

Iridium Communications, Inc. (a) (b)

    32,786        225,568   

Lumos Networks Corp.

    8,454        183,198   

magicJack VocalTec, Ltd. (a)

    8,170        105,148   

Diversified Telecommunication Services—(Continued)

  

ORBCOMM, Inc. (a) (b)

    19,477      102,644   

Premiere Global Services, Inc. (a)

    24,982        248,821   

Towerstream Corp. (a)

    35,583        101,412   

Vonage Holdings Corp. (a)

    74,697        234,549   
   

 

 

 
      4,302,071   
   

 

 

 

Electric Utilities—1.3%

  

 

ALLETE, Inc.

    20,181        974,742   

Cleco Corp.

    30,631        1,373,494   

El Paso Electric Co.

    21,145        706,243   

Empire District Electric Co. (The)

    22,399        485,162   

IDACORP, Inc.

    25,340        1,226,456   

MGE Energy, Inc.

    12,019        655,637   

NRG Yield, Inc. - Class A (a)

    12,728        385,531   

Otter Tail Corp. (b)

    18,873        520,895   

PNM Resources, Inc.

    38,653        874,717   

Portland General Electric Co. (b)

    38,989        1,100,660   

UIL Holdings Corp. (b)

    24,602        914,702   

Unitil Corp.

    7,429        217,447   

UNS Energy Corp.

    21,055        981,584   
   

 

 

 
      10,417,270   
   

 

 

 

Electrical Equipment—1.4%

  

 

Acuity Brands, Inc. (b)

    21,597        1,987,356   

AZZ, Inc.

    13,326        557,826   

Brady Corp. - Class A

    22,732        693,326   

Capstone Turbine Corp. (a) (b)

    164,599        194,227   

Coleman Cable, Inc. (b)

    4,571        96,494   

Encore Wire Corp.

    10,537        415,579   

EnerSys, Inc. (b)

    23,684        1,435,961   

Franklin Electric Co., Inc.

    24,472        964,197   

FuelCell Energy, Inc. (a) (b)

    88,097        113,645   

Generac Holdings, Inc.

    25,812        1,100,624   

General Cable Corp. (b)

    24,951        792,194   

Global Power Equipment Group, Inc.

    8,163        164,158   

GrafTech International, Ltd. (a) (b)

    58,953        498,153   

II-VI, Inc. (a)

    27,302        513,824   

LSI Industries, Inc.

    11,713        98,858   

Polypore International, Inc. (a) (b)

    23,444        960,501   

Powell Industries, Inc. (a)

    4,404        269,921   

PowerSecure International, Inc. (a)

    9,992        160,372   

Preformed Line Products Co.

    1,321        95,019   

Thermon Group Holdings, Inc. (a)

    13,760        317,993   
   

 

 

 
      11,430,228   
   

 

 

 

Electronic Equipment, Instruments & Components—2.5%

  

Agilysys, Inc. (a)

    7,882        93,953   

Anixter International, Inc. (a)

    13,642        1,195,858   

Badger Meter, Inc. (b)

    6,820        317,130   

Belden, Inc.

    21,664        1,387,579   

Benchmark Electronics, Inc. (a)

    26,591        608,668   

Checkpoint Systems, Inc. (a)

    21,005        350,783   

Cognex Corp.

    42,634        1,337,002   

Coherent, Inc.

    12,319        757,002   

CTS Corp.

    18,070        284,964   

 

MSF-178


Table of Contents

Metropolitan Series Fund

Russell 2000® Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Electronic Equipment, Instruments & Components—(Continued)

  

Daktronics, Inc.

    18,513      $ 207,160   

DTS, Inc. (a) (b)

    9,298        195,258   

Electro Rent Corp.

    9,062        164,385   

Electro Scientific Industries, Inc.

    11,663        136,574   

Fabrinet (a)

    14,981        252,280   

FARO Technologies, Inc. (a)

    8,551        360,596   

FEI Co.

    21,007        1,844,415   

GSI Group, Inc. (a)

    18,739        178,770   

Insight Enterprises, Inc. (a) (c)

    22,462        424,981   

InvenSense, Inc. (a) (b)

    29,030        511,509   

Itron, Inc. (a) (b)

    19,812        848,548   

Kemet Corp. (a) (b)

    22,874        95,613   

Littelfuse, Inc.

    10,401        813,566   

Maxwell Technologies, Inc. (a) (b)

    14,377        130,543   

Measurement Specialties, Inc. (a)

    8,286        449,433   

Mercury Systems, Inc. (a) (b)

    15,581        155,654   

Mesa Laboratories, Inc.

    1,416        95,736   

Methode Electronics, Inc. (b)

    17,268        483,504   

MTS Systems Corp.

    8,022        516,216   

Neonode, Inc. (a) (b)

    14,161        90,914   

Newport Corp. (a)

    20,202        315,757   

OSI Systems, Inc. (a)

    10,001        744,774   

Park Electrochemical Corp.

    10,569        302,802   

Plexus Corp. (a) (c)

    16,058        597,358   

RealD, Inc. (a)

    18,684        130,788   

Rofin-Sinar Technologies, Inc. (a)

    15,227        368,646   

Rogers Corp. (a)

    8,965        533,238   

Sanmina Corp. (a)

    42,537        743,972   

ScanSource, Inc. (a)

    14,516        502,254   

SYNNEX Corp. (a)

    13,438        825,765   

TTM Technologies, Inc. (a)

    26,923        262,499   

Uni-Pixel, Inc. (a) (b)

    5,601        99,306   

Universal Display Corp. (a) (b)

    21,034        673,719   

Vishay Precision Group, Inc. (a)

    6,373        92,727   

Zygo Corp. (a)

    8,667        138,499   
   

 

 

 
      20,620,698   
   

 

 

 

Energy Equipment & Services—1.8%

  

Basic Energy Services, Inc. (a)

    14,197        179,450   

Bristow Group, Inc.

    18,228        1,326,269   

C&J Energy Services, Inc. (a) (b)

    23,819        478,286   

Cal Dive International, Inc. (a) (b)

    54,319        111,354   

CARBO Ceramics, Inc. (b)

    9,985        989,613   

Dawson Geophysical Co. (a)

    5,124        166,376   

Era Group, Inc. (a)

    10,332        280,824   

Exterran Holdings, Inc. (a)

    28,971        798,730   

Forum Energy Technologies, Inc. (a)

    19,863        536,500   

Geospace Technologies Corp. (a) (b)

    6,866        578,804   

Gulf Island Fabrication, Inc. (b)

    7,812        191,472   

GulfMark Offshore, Inc. - Class A

    13,516        687,829   

Helix Energy Solutions Group, Inc. (a)

    52,636        1,335,375   

Hercules Offshore, Inc. (a)

    82,886        610,870   

Hornbeck Offshore Services, Inc. (a)

    17,322        994,976   

ION Geophysical Corp. (a) (b)

    68,572        356,574   

Key Energy Services, Inc. (a)

    80,293        585,336   

Matrix Service Co. (a)

    14,196        278,526   

Energy Equipment & Services—(Continued)

  

Mitcham Industries, Inc. (a)

    7,031      107,504   

Natural Gas Services Group, Inc. (a)

    6,643        178,165   

Newpark Resources, Inc. (a) (b)

    42,672        540,228   

Nuverra Environmental Solutions, Inc. (a) (b)

    83,048        190,180   

Parker Drilling Co. (a)

    61,149        348,549   

PHI, Inc. (a)

    6,426        242,324   

Pioneer Energy Services Corp. (a)

    31,825        239,006   

RigNet, Inc. (a)

    6,898        249,846   

SEACOR Holdings, Inc. (b)

    10,116        914,891   

Tesco Corp. (a)

    16,366        271,185   

TETRA Technologies, Inc. (a)

    39,068        489,522   

Vantage Drilling Co. (a) (b)

    106,785        184,738   

Willbros Group, Inc. (a)

    22,413        205,751   
   

 

 

 
      14,649,053   
   

 

 

 

Food & Staples Retailing—1.3%

  

Andersons, Inc. (The)

    9,754        681,805   

Casey’s General Stores, Inc.

    18,560        1,364,160   

Chefs’ Warehouse, Inc. (The) (a)

    8,577        198,129   

Fairway Group Holdings Corp. (a) (b)

    8,135        207,931   

Harris Teeter Supermarkets, Inc. (b)

    24,758        1,217,846   

Ingles Markets, Inc. - Class A

    4,345        124,832   

Nash Finch Co.

    6,720        177,475   

Natural Grocers by Vitamin Cottage, Inc. (a) (b)

    4,597        182,501   

Pantry, Inc. (The) (a)

    12,441        137,846   

Pricesmart, Inc. (b)

    9,705        924,304   

Rite Aid Corp. (a)

    365,720        1,740,827   

Roundy’s, Inc.

    13,261        114,045   

Spartan Stores, Inc. (b)

    11,884        262,161   

SUPERVALU, Inc. (a) (b)

    101,674        836,777   

Susser Holdings Corp. (a) (b)

    9,109        484,143   

United Natural Foods, Inc. (a)

    24,889        1,673,038   

Village Super Market, Inc. - Class A

    2,409        91,590   

Weis Markets, Inc.

    6,205        303,673   
   

 

 

 
      10,723,083   
   

 

 

 

Food Products—1.6%

  

Annie’s, Inc. (a) (b)

    6,956        341,540   

B&G Foods, Inc. (b)

    26,523        916,370   

Boulder Brands, Inc. (a)

    31,712        508,660   

Cal-Maine Foods, Inc.

    7,468        359,211   

Calavo Growers, Inc. (b)

    6,124        185,190   

Chiquita Brands International, Inc. (a)

    24,259        307,119   

Darling International, Inc. (a)

    60,621        1,282,740   

Diamond Foods, Inc. (a) (b)

    11,661        274,966   

Dole Food Co., Inc. (a)

    26,037        354,624   

Fresh Del Monte Produce, Inc.

    19,290        572,527   

Hain Celestial Group, Inc. (The) (a) (b)

    18,880        1,456,026   

J&J Snack Foods Corp.

    7,928        639,948   

John B Sanfilippo & Son, Inc.

    4,642        107,648   

Lancaster Colony Corp.

    8,929        699,051   

Limoneira Co. (b)

    4,954        127,219   

Omega Protein Corp. (a)

    11,349        115,419   

Pilgrim’s Pride Corp. (a)

    32,160        539,966   

Post Holdings, Inc. (a)

    16,404        662,230   

 

MSF-179


Table of Contents

Metropolitan Series Fund

Russell 2000® Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Food Products—(Continued)

  

Sanderson Farms, Inc.

    11,409      $ 744,323   

Seaboard Corp.

    150        412,200   

Seneca Foods Corp. - Class A (a)

    4,612        138,775   

Snyders-Lance, Inc.

    23,294        672,032   

Tootsie Roll Industries, Inc. (b)

    9,939        306,320   

TreeHouse Foods, Inc. (a)

    18,597        1,242,838   
   

 

 

 
      12,966,942   
   

 

 

 

Gas Utilities—0.8%

  

Chesapeake Utilities Corp.

    4,498        236,100   

Laclede Group, Inc. (The)

    16,259        731,655   

New Jersey Resources Corp.

    20,071        884,127   

Northwest Natural Gas Co. (b)

    14,144        593,765   

Piedmont Natural Gas Co., Inc.

    37,126        1,220,703   

South Jersey Industries, Inc. (b)

    15,904        931,656   

Southwest Gas Corp.

    23,934        1,196,700   

WGL Holdings, Inc.

    26,098        1,114,646   
   

 

 

 
      6,909,352   
   

 

 

 

Health Care Equipment & Supplies—3.2%

  

Abaxis, Inc. (b)

    12,234        515,051   

ABIOMED, Inc. (a) (b)

    19,803        377,643   

Accuray, Inc. (a) (b)

    37,218        275,041   

Align Technology, Inc. (a) (b)

    36,188        1,741,367   

Analogic Corp.

    6,542        540,631   

AngioDynamics, Inc. (a) (b)

    13,423        177,184   

Anika Therapeutics, Inc. (a)

    7,087        169,804   

Antares Pharma, Inc. (a) (b)

    58,477        237,417   

ArthroCare Corp. (a)

    14,508        516,195   

AtriCure, Inc. (a)

    10,769        118,244   

Atrion Corp.

    874        226,174   

Cantel Medical Corp.

    15,624        497,624   

Cardiovascular Systems, Inc. (a) (b)

    10,949        219,527   

Cerus Corp. (a) (b)

    38,358        257,382   

CONMED Corp.

    14,206        482,862   

CryoLife, Inc.

    17,220        120,540   

Cyberonics, Inc. (a)

    14,671        744,407   

Cynosure, Inc. - Class A (a)

    9,126        208,164   

Derma Sciences, Inc. (a)

    7,275        90,064   

DexCom, Inc. (a)

    35,316        996,971   

Endologix, Inc. (a) (b)

    32,408        522,741   

Exactech, Inc. (a)

    5,322        107,238   

GenMark Diagnostics, Inc. (a) (b)

    15,552        188,957   

Globus Medical, Inc. - Class A (a) (b)

    27,849        486,244   

Greatbatch, Inc. (a)

    12,931        440,042   

Haemonetics Corp. (a)

    26,522        1,057,697   

HeartWare International, Inc. (a)

    8,570        627,410   

ICU Medical, Inc. (a)

    6,398        434,616   

Insulet Corp. (a) (b)

    27,643        1,001,782   

Integra LifeSciences Holdings Corp. (a) (b)

    10,937        440,214   

Invacare Corp.

    15,930        275,111   

MAKO Surgical Corp. (a) (b)

    21,329        629,419   

Masimo Corp. (b)

    23,446        624,601   

Meridian Bioscience, Inc. (b)

    22,552        533,355   

Merit Medical Systems, Inc. (a)

    21,638        262,469   

Natus Medical, Inc. (a)

    16,472        233,573   

Health Care Equipment & Supplies—(Continued)

  

Navidea Biopharmaceuticals, Inc. (a) (b)

    64,614      171,227   

Neogen Corp. (a)

    11,886        721,718   

NuVasive, Inc. (a)

    22,552        552,298   

NxStage Medical, Inc. (a)

    30,508        401,485   

OraSure Technologies, Inc. (a) (b)

    29,491        177,241   

Orthofix International NV (a)

    9,598        200,214   

PhotoMedex, Inc. (a) (b)

    8,374        133,147   

Quidel Corp. (a)

    13,903        394,845   

Rochester Medical Corp. (a)

    6,009        119,940   

Rockwell Medical, Inc. (a) (b)

    22,438        256,018   

RTI Biologics, Inc. (a)

    32,270        120,690   

Spectranetics Corp. (a)

    21,548        361,575   

Staar Surgical Co. (a) (b)

    19,419        262,933   

STERIS Corp.

    29,805        1,280,423   

SurModics, Inc. (a)

    6,337        150,694   

Symmetry Medical, Inc. (a)

    21,060        171,850   

TearLab Corp. (a)

    13,828        152,938   

Thoratec Corp. (a)

    28,903        1,077,793   

Tornier NV (a)

    13,588        262,656   

Unilife Corp. (a) (b)

    51,606        171,332   

Utah Medical Products, Inc. (b)

    1,867        110,974   

Vascular Solutions, Inc. (a)

    9,953        167,210   

Volcano Corp. (a)

    27,732        663,349   

West Pharmaceutical Services, Inc.

    35,092        1,444,036   

Wright Medical Group, Inc. (a) (b)

    20,337        530,389   
   

 

 

 
      26,434,736   
   

 

 

 

Health Care Providers & Services—2.4%

  

Acadia Healthcare Co., Inc. (a) (b)

    17,958        708,084   

Accretive Health, Inc. (a) (b)

    30,305        276,382   

Air Methods Corp. (b)

    20,526        874,408   

Amedisys, Inc. (a) (b)

    18,591        320,137   

AMN Healthcare Services, Inc. (a)

    23,983        330,006   

Amsurg Corp. (a)

    15,497        615,231   

Bio-Reference Labs, Inc. (a) (b)

    12,716        379,954   

BioScrip, Inc. (a) (b)

    29,688        260,661   

Capital Senior Living Corp. (a)

    14,260        301,599   

Centene Corp. (a)

    26,880        1,719,245   

Chemed Corp. (b)

    9,179        656,298   

Chindex International, Inc. (a)

    7,045        120,117   

Corvel Corp. (a)

    5,450        201,486   

Emeritus Corp. (a)

    20,542        380,643   

Ensign Group, Inc. (The)

    9,427        387,544   

ExamWorks Group, Inc. (a) (b)

    14,017        364,302   

Five Star Quality Care, Inc. (a)

    25,265        130,620   

Gentiva Health Services, Inc. (a)

    16,117        194,049   

Hanger, Inc. (a)

    17,356        585,939   

HealthSouth Corp.

    42,659        1,470,882   

Healthways, Inc. (a) (b)

    18,606        344,397   

IPC The Hospitalist Co., Inc. (a) (b)

    9,377        478,321   

Kindred Healthcare, Inc.

    29,215        392,357   

Landauer, Inc. (b)

    5,165        264,706   

LHC Group, Inc. (a)

    4,700        110,262   

Magellan Health Services, Inc. (a)

    13,774        825,889   

Molina Healthcare, Inc. (a) (b)

    14,027        499,361   

MWI Veterinary Supply, Inc. (a)

    6,571        981,445   

 

MSF-180


Table of Contents

Metropolitan Series Fund

Russell 2000® Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Health Care Providers & Services—(Continued)

  

National Healthcare Corp. (b)

    5,246      $ 247,978   

National Research Corp. - Class A (a)

    5,561        104,714   

Owens & Minor, Inc. (b)

    31,521        1,090,311   

PharMerica Corp. (a)

    17,146        227,527   

Providence Service Corp. (The) (a)

    4,943        141,815   

Select Medical Holdings Corp.

    25,554        206,221   

Team Health Holdings, Inc. (a)

    34,473        1,307,906   

Triple-S Management Corp. - Class B (a)

    12,074        222,041   

U.S. Physical Therapy, Inc.

    6,011        186,822   

Universal American Corp. (b)

    20,509        156,279   

Vanguard Health Systems, Inc. (a) (b)

    16,940        355,909   

WellCare Health Plans, Inc. (a)

    22,057        1,538,255   
   

 

 

 
      19,960,103   
   

 

 

 

Health Care Technology—0.9%

  

athenahealth, Inc. (a) (b)

    18,205        1,976,335   

Computer Programs & Systems, Inc.

    5,856        342,576   

Greenway Medical Technologies (a)

    8,177        168,855   

HealthStream, Inc. (a) (b)

    10,052        380,770   

HMS Holdings Corp. (a)

    44,959        967,068   

MedAssets, Inc. (a)

    31,309        795,875   

Medidata Solutions, Inc. (a)

    13,385        1,324,178   

Merge Healthcare, Inc. (a) (b)

    29,111        75,980   

Omnicell, Inc. (a)

    16,926        400,808   

Quality Systems, Inc.

    20,268        440,423   

Vocera Communications, Inc. (a) (b)

    11,244        209,138   
   

 

 

 
      7,082,006   
   

 

 

 

Hotels, Restaurants & Leisure—2.8%

  

AFC Enterprises, Inc. (a)

    12,829        559,216   

Biglari Holdings, Inc. (a) (b)

    726        299,598   

BJ’s Restaurants, Inc. (a) (b)

    13,550        389,156   

Bloomin’ Brands, Inc. (a) (b)

    27,840        657,302   

Bob Evans Farms, Inc.

    14,725        843,301   

Boyd Gaming Corp. (a) (b)

    35,670        504,731   

Bravo Brio Restaurant Group, Inc. (a)

    9,979        150,683   

Buffalo Wild Wings, Inc. (a) (b)

    9,205        1,023,780   

Caesars Entertainment Corp. (a) (b)

    17,291        340,806   

CEC Entertainment, Inc.

    9,410        431,543   

Cheesecake Factory, Inc. (The) (b)

    26,099        1,147,051   

Churchill Downs, Inc.

    7,015        606,938   

Chuy’s Holdings, Inc. (a) (b)

    8,272        296,882   

Cracker Barrel Old Country Store, Inc.

    9,956        1,027,857   

Del Frisco’s Restaurant Group, Inc. (a)

    5,668        114,324   

Denny’s Corp. (a)

    47,722        292,059   

Diamond Resorts International, Inc. (a)

    11,329        213,098   

DineEquity, Inc.

    8,015        553,035   

Fiesta Restaurant Group, Inc. (a)

    10,088        379,914   

International Speedway Corp. - Class A

    15,258        492,833   

Interval Leisure Group, Inc.

    21,655        511,708   

Jack in the Box, Inc. (a)

    22,716        908,640   

Jamba, Inc. (a) (b)

    7,943        106,277   

Krispy Kreme Doughnuts, Inc. (a) (b)

    33,031        638,820   

Life Time Fitness, Inc. (a) (b)

    22,025        1,133,627   

Marcus Corp.

    11,702        170,030   

Marriott Vacations Worldwide Corp. (a)

    14,288        628,672   

Hotels, Restaurants & Leisure—(Continued)

  

Morgans Hotel Group Co. (a) (b)

    12,602      96,909   

Multimedia Games Holding Co., Inc. (a)

    15,847        547,514   

Noodles & Co. (a)

    4,118        176,497   

Orient-Express Hotels, Ltd. - Class A (a)

    52,036        675,427   

Papa John’s International, Inc.

    8,180        571,618   

Pinnacle Entertainment, Inc. (a)

    30,820        772,041   

Red Robin Gourmet Burgers, Inc. (a)

    7,250        515,475   

Ruby Tuesday, Inc. (a) (b)

    31,853        238,898   

Ruth’s Hospitality Group, Inc.

    17,912        212,436   

Scientific Games Corp. - Class A (a)

    22,727        367,496   

SHFL Entertainment, Inc. (a)

    29,393        676,039   

Sonic Corp. (a)

    27,410        486,528   

Speedway Motorsports, Inc. (b)

    7,078        126,696   

Texas Roadhouse, Inc. (b)

    30,437        799,884   

Town Sports International Holdings, Inc.

    12,656        164,275   

Vail Resorts, Inc. (b)

    18,297        1,269,446   

WMS Industries, Inc. (a)

    26,391        684,846   
   

 

 

 
      22,803,906   
   

 

 

 

Household Durables—1.0%

  

Bassett Furniture Industries, Inc.

    6,185        100,135   

Beazer Homes USA, Inc. (a) (b)

    13,700        246,600   

Cavco Industries, Inc. (a)

    3,006        171,192   

CSS Industries, Inc.

    4,201        100,866   

Ethan Allen Interiors, Inc. (b)

    12,159        338,871   

Helen of Troy, Ltd. (a)

    16,965        749,853   

Hovnanian Enterprises, Inc. - Class A (a) (b)

    56,064        293,215   

iRobot Corp. (a) (b)

    14,746        555,482   

KB Home (b)

    43,434        782,681   

La-Z-Boy, Inc.

    26,643        605,062   

Libbey, Inc. (a)

    10,247        243,674   

M/I Homes, Inc. (a) (b)

    12,868        265,338   

MDC Holdings, Inc. (b)

    19,869        596,269   

Meritage Homes Corp. (a)

    18,168        780,316   

NACCO Industries, Inc. - Class A

    3,117        172,744   

Ryland Group, Inc. (The) (b)

    23,149        938,460   

Standard Pacific Corp. (a)

    74,682        590,735   

TRI Pointe Homes, Inc. (a) (b)

    9,540        140,047   

Universal Electronics, Inc. (a)

    7,461        268,820   

William Lyon Homes - Class A (a) (b)

    6,939        141,000   
   

 

 

 
      8,081,360   
   

 

 

 

Household Products—0.2%

  

Central Garden and Pet Co. - Class A (a)

    23,384        160,180   

Harbinger Group, Inc. (a) (b)

    17,723        183,788   

Spectrum Brands Holdings, Inc.

    11,034        726,479   

WD-40 Co. (b)

    7,035        456,571   
   

 

 

 
      1,527,018   
   

 

 

 

Independent Power Producers & Energy Traders—0.2%

  

Atlantic Power Corp. (b)

    65,639        282,904   

Dynegy, Inc. (a) (b)

    47,726        922,066   

Ormat Technologies, Inc. (b)

    9,298        248,908   
   

 

 

 
      1,453,878   
   

 

 

 

 

MSF-181


Table of Contents

Metropolitan Series Fund

Russell 2000® Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Industrial Conglomerates—0.1%

  

Raven Industries, Inc.

    18,658      $ 610,303   
   

 

 

 

Insurance—2.2%

  

Ambac Financial Group, Inc. (a)

    21,184        384,278   

American Equity Investment Life Holding Co. (b)

    31,130        660,579   

American Safety Insurance Holdings, Ltd. (a)

    5,779        174,526   

AMERISAFE, Inc.

    9,298        330,172   

Amtrust Financial Services, Inc. (b)

    15,535        606,797   

Argo Group International Holdings, Ltd.

    13,774        590,629   

Baldwin & Lyons, Inc. - Class B

    4,133        100,762   

Citizens, Inc. (a) (b)

    22,172        191,566   

CNO Financial Group, Inc.

    111,424        1,604,506   

Crawford & Co. - Class B (b)

    14,358        139,273   

eHealth, Inc. (a)

    9,723        313,664   

Employers Holdings, Inc. (b)

    16,380        487,141   

Enstar Group, Ltd. (a)

    4,820        658,412   

FBL Financial Group, Inc. - Class A

    4,790        215,071   

First American Financial Corp.

    55,676        1,355,711   

Global Indemnity plc (a)

    3,228        82,185   

Greenlight Capital Re, Ltd. - Class A (a) (b)

    15,207        432,487   

HCI Group, Inc. (b)

    4,183        170,834   

Hilltop Holdings, Inc. (a)

    31,522        583,157   

Horace Mann Educators Corp.

    21,022        596,604   

Infinity Property & Casualty Corp.

    5,597        361,566   

Kansas City Life Insurance Co.

    2,190        96,842   

Maiden Holdings, Ltd.

    26,833        316,898   

Meadowbrook Insurance Group, Inc. (b)

    26,803        174,219   

Montpelier Re Holdings, Ltd.

    23,800        619,990   

National Interstate Corp. (b)

    3,464        96,334   

National Western Life Insurance Co. - Class A

    1,212        244,545   

Navigators Group, Inc. (The) (a)

    5,301        306,239   

OneBeacon Insurance Group, Ltd. - Class A

    11,496        169,681   

Phoenix Cos., Inc. (The) (a) (b)

    3,332        128,848   

Platinum Underwriters Holdings, Ltd.

    14,296        853,900   

Primerica, Inc.

    28,650        1,155,741   

RLI Corp.

    10,795        943,699   

Safety Insurance Group, Inc.

    6,815        360,991   

Selective Insurance Group, Inc.

    28,514        698,593   

State Auto Financial Corp.

    7,940        166,264   

Stewart Information Services Corp. (b)

    11,286        361,039   

Symetra Financial Corp.

    41,392        737,605   

Third Point Reinsurance, Ltd. (a)

    15,817        229,188   

Tower Group International, Ltd.

    29,112        203,784   

United Fire Group, Inc. (b)

    9,732        296,534   

Universal Insurance Holdings, Inc. (b)

    16,046        113,124   
   

 

 

 
      18,313,978   
   

 

 

 

Internet & Catalog Retail—0.4%

  

Blue Nile, Inc. (a) (b)

    6,605        270,343   

HSN, Inc.

    16,833        902,585   

Nutrisystem, Inc. (b)

    14,262        205,088   

Orbitz Worldwide, Inc. (a)

    12,989        125,084   

Overstock.com, Inc. (a)

    6,499        192,825   

PetMed Express, Inc.

    11,281        183,767   

Internet & Catalog Retail—(Continued)

  

RetailMeNot, Inc. (a)

    5,972      212,424   

Shutterfly, Inc. (a) (b)

    19,128        1,068,873   

Valuevision Media, Inc. - Class A (a)

    21,040        91,524   

Vitacost.com, Inc. (a) (b)

    11,667        99,170   
   

 

 

 
      3,351,683   
   

 

 

 

Internet Software & Services—2.9%

  

Active Network, Inc. (The) (a) (b)

    28,416        406,633   

Angie’s List, Inc. (a) (b)

    21,237        477,832   

Bankrate, Inc. (a) (b)

    24,648        507,009   

Bazaarvoice, Inc. (a) (b)

    25,119        228,081   

Blucora, Inc. (a) (b)

    20,338        467,367   

Brightcove, Inc. (a) (b)

    15,258        171,652   

Carbonite, Inc. (a)

    6,711        100,665   

ChannelAdvisor Corp. (a) (b)

    3,321        121,648   

comScore, Inc. (a)

    18,978        549,793   

Constant Contact, Inc. (a) (b)

    15,503        367,266   

Cornerstone OnDemand, Inc. (a)

    20,352        1,046,907   

CoStar Group, Inc. (a)

    14,008        2,351,943   

Cvent, Inc. (a)

    4,510        158,617   

Dealertrack Technologies, Inc. (a)

    21,188        907,694   

Demand Media, Inc. (a) (b)

    16,365        103,427   

Demandware, Inc. (a)

    8,273        383,288   

Dice Holdings, Inc. (a) (b)

    16,579        141,087   

Digital River, Inc. (a)

    16,300        291,281   

E2open, Inc. (a)

    7,997        179,133   

EarthLink, Inc.

    52,967        262,187   

eGain Corp. (a) (b)

    7,337        110,715   

Envestnet, Inc. (a)

    11,705        362,855   

Global Eagle Entertainment, Inc. (a)

    15,863        148,160   

Gogo, Inc. (a)

    7,988        141,947   

Internap Network Services Corp. (a)

    29,790        207,040   

IntraLinks Holdings, Inc. (a)

    17,190        151,272   

j2 Global, Inc. (b)

    23,025        1,140,198   

Liquidity Services, Inc. (a) (b)

    12,493        419,265   

LivePerson, Inc. (a)

    29,330        276,875   

LogMeIn, Inc. (a) (b)

    11,813        366,794   

Marketo, Inc. (a) (b)

    3,380        107,754   

Millennial Media, Inc. (a) (b)

    18,853        133,291   

Monster Worldwide, Inc. (a) (b)

    59,471        262,862   

Move, Inc. (a)

    21,815        369,764   

NIC, Inc.

    33,146        766,004   

OpenTable, Inc. (a)

    11,004        770,060   

Perficient, Inc. (a)

    17,369        318,895   

QuinStreet, Inc. (a) (b)

    18,139        171,414   

RealNetworks, Inc. (a)

    11,617        99,442   

Responsys, Inc. (a)

    19,337        319,060   

SciQuest, Inc. (a) (b)

    11,789        264,781   

Shutterstock, Inc. (a) (b)

    3,831        278,590   

SPS Commerce, Inc. (a)

    7,681        514,013   

Stamps.com, Inc. (a)

    5,874        269,793   

support.com, Inc. (a)

    27,508        149,919   

Textura Corp. (a)

    3,733        160,818   

Travelzoo, Inc. (a)

    3,283        87,131   

Trulia, Inc. (a)

    14,268        671,024   

United Online, Inc.

    48,001        383,048   

 

MSF-182


Table of Contents

Metropolitan Series Fund

Russell 2000® Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Internet Software & Services—(Continued)

  

Unwired Planet, Inc. (a) (b)

    52,808      $ 91,358   

ValueClick, Inc. (a) (b)

    39,386        821,198   

VistaPrint NV (a)

    16,340        923,537   

Vocus, Inc. (a) (b)

    11,209        104,356   

Web.com Group, Inc. (a) (b)

    21,320        689,489   

WebMD Health Corp. (a)

    14,918        426,655   

XO Group, Inc. (a)

    17,057        220,376   

Xoom Corp. (a)

    4,089        130,071   

Yelp, Inc. (a)

    15,146        1,002,362   

Zillow, Inc. - Class A (a) (b)

    11,762        992,360   

Zix Corp. (a) (b)

    33,654        164,568   
   

 

 

 
      24,212,624   
   

 

 

 

IT Services—2.0%

  

Acxiom Corp. (a)

    35,475        1,007,135   

Blackhawk Network Holdings, Inc. (a) (b)

    4,577        109,985   

CACI International, Inc. - Class A (a) (b) (c)

    11,906        822,824   

Cardtronics, Inc. (a)

    23,495        871,665   

Cass Information Systems, Inc. (b)

    5,928        316,377   

CIBER, Inc. (a)

    40,594        133,960   

Computer Task Group, Inc. (b)

    8,399        135,728   

Convergys Corp. (b)

    52,369        981,919   

CSG Systems International, Inc.

    18,310        458,666   

EPAM Systems, Inc. (a)

    11,290        389,505   

Euronet Worldwide, Inc. (a) (b)

    25,270        1,005,746   

EVERTEC, Inc.

    13,575        301,501   

ExlService Holdings, Inc. (a)

    16,429        467,898   

Forrester Research, Inc.

    5,782        212,546   

Global Cash Access Holdings, Inc. (a)

    35,379        276,310   

Hackett Group, Inc. (The)

    13,847        98,729   

Heartland Payment Systems, Inc. (b)

    18,289        726,439   

Higher One Holdings, Inc. (a)

    15,855        121,608   

iGATE Corp. (a)

    17,995        499,541   

Lionbridge Technologies, Inc. (a)

    32,857        121,242   

ManTech International Corp. - Class A (b)

    12,440        357,774   

MAXIMUS, Inc.

    34,354        1,547,304   

MoneyGram International, Inc. (a)

    11,813        231,299   

PRGX Global, Inc. (a)

    15,346        96,066   

Sapient Corp. (a)

    55,778        868,463   

ServiceSource International, Inc. (a) (b)

    30,987        374,323   

Sykes Enterprises, Inc. (a)

    20,461        366,457   

Syntel, Inc.

    7,981        639,278   

TeleTech Holdings, Inc. (a)

    10,669        267,685   

Unisys Corp. (a) (b)

    22,919        577,330   

Virtusa Corp. (a) (b)

    9,199        267,323   

WEX, Inc. (a)

    19,452        1,706,913   
   

 

 

 
      16,359,539   
   

 

 

 

Leisure Equipment & Products—0.5%

  

Arctic Cat, Inc.

    6,783        386,970   

Black Diamond, Inc. (a) (b)

    10,974        133,444   

Brunswick Corp.

    44,334        1,769,370   

Callaway Golf Co. (b)

    35,357        251,742   

LeapFrog Enterprises, Inc. (a) (b)

    32,500        306,150   

Nautilus, Inc. (a)

    16,328        117,888   

Smith & Wesson Holding Corp. (a) (b)

    32,012        351,812   

Leisure Equipment & Products—(Continued)

  

Sturm Ruger & Co., Inc. (b)

    10,261      642,646   
   

 

 

 
      3,960,022   
   

 

 

 

Life Sciences Tools & Services—0.4%

  

Affymetrix, Inc. (a) (b) (c)

    41,239        255,682   

Albany Molecular Research, Inc. (a) (b)

    12,484        160,919   

Cambrex Corp. (a)

    15,180        200,376   

Fluidigm Corp. (a) (b)

    11,801        258,914   

Furiex Pharmaceuticals, Inc. (a)

    3,553        156,296   

Luminex Corp. (a) (b)

    18,464        369,280   

Pacific Biosciences of California, Inc. (a)

    27,011        149,371   

PAREXEL International Corp. (a)

    27,715        1,392,124   

Sequenom, Inc. (a) (b)

    62,512        166,907   
   

 

 

 
      3,109,869   
   

 

 

 

Machinery—3.1%

  

Accuride Corp. (a) (b)

    21,066        108,279   

Actuant Corp. - Class A

    36,050        1,400,182   

Alamo Group, Inc.

    3,532        172,750   

Albany International Corp. - Class A

    14,147        507,453   

Altra Holdings, Inc.

    14,458        389,065   

American Railcar Industries, Inc. (b)

    5,478        214,902   

Astec Industries, Inc.

    10,141        364,670   

Barnes Group, Inc.

    27,049        944,551   

Blount International, Inc. (a)

    25,829        312,789   

Briggs & Stratton Corp. (b)

    25,255        508,131   

Chart Industries, Inc. (a) (b)

    14,703        1,809,057   

CIRCOR International, Inc.

    8,835        549,360   

CLARCOR, Inc.

    24,718        1,372,591   

Columbus McKinnon Corp. (a)

    7,790        187,194   

Commercial Vehicle Group, Inc. (a) (b)

    13,330        106,107   

Douglas Dynamics, Inc. (b)

    9,877        145,488   

Dynamic Materials Corp. (b)

    7,259        168,264   

Energy Recovery, Inc. (a)

    23,492        170,317   

EnPro Industries, Inc. (a) (b)

    9,639        580,364   

ESCO Technologies, Inc.

    13,728        456,181   

ExOne Co. (The) (a) (b)

    3,282        139,813   

Federal Signal Corp. (a)

    31,915        410,746   

Flow International Corp. (a)

    25,785        102,882   

FreightCar America, Inc. (b)

    7,047        145,732   

Gorman-Rupp Co. (The) (b)

    8,265        331,592   

Graham Corp.

    5,399        195,066   

Greenbrier Cos., Inc. (a) (b)

    12,392        306,454   

Hardinge, Inc.

    6,225        96,176   

Hyster-Yale Materials Handling, Inc.

    4,970        445,660   

John Bean Technologies Corp.

    15,202        378,226   

Kadant, Inc.

    5,766        193,680   

Kaydon Corp.

    15,103        536,459   

LB Foster Co. - Class A

    5,476        250,472   

Lindsay Corp. (b)

    6,769        552,486   

Lydall, Inc. (a)

    9,530        163,630   

Meritor, Inc. (a)

    50,463        396,639   

Middleby Corp. (The) (a)

    9,300        1,942,863   

Miller Industries, Inc.

    6,185        105,021   

Mueller Industries, Inc.

    14,168        788,733   

Mueller Water Products, Inc. - Class A

    75,641        604,372   

 

MSF-183


Table of Contents

Metropolitan Series Fund

Russell 2000® Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Machinery—(Continued)

  

NN, Inc.

    9,533      $ 148,333   

Proto Labs, Inc. (a) (b)

    8,580        655,426   

RBC Bearings, Inc. (a)

    11,531        759,778   

Rexnord Corp. (a) (b)

    16,151        335,941   

Standex International Corp.

    6,755        401,247   

Sun Hydraulics Corp.

    10,558        382,727   

Tennant Co.

    8,708        539,896   

Titan International, Inc. (b)

    27,896        408,397   

Trimas Corp. (a)

    22,514        839,772   

Twin Disc, Inc. (b)

    4,666        121,923   

Wabash National Corp. (a) (b)

    36,570        426,406   

Watts Water Technologies, Inc. - Class A

    14,669        826,892   

Woodward, Inc.

    33,684        1,375,318   
   

 

 

 
      25,776,453   
   

 

 

 

Marine—0.1%

  

Matson, Inc.

    21,468        563,106   
   

 

 

 

Media—1.3%

  

Belo Corp. - Class A

    52,205        715,209   

Carmike Cinemas, Inc. (a) (b)

    12,031        265,645   

Central European Media Enterprises,
Ltd. - Class A (a) (b)

    40,373        212,766   

Cumulus Media, Inc. - Class A (a)

    32,584        172,695   

Digital Generation, Inc. (a) (b)

    13,356        172,693   

Entercom Communications Corp. - Class A (a) (b)

    14,538        127,644   

Entravision Communications Corp. - Class A

    29,645        174,906   

EW Scripps Co. - Class A (a)

    16,943        310,904   

Gray Television, Inc. (a) (b)

    26,074        204,681   

Harte-Hanks, Inc.

    19,287        170,304   

Journal Communications, Inc. - Class A (a)

    24,659        210,834   

Live Nation Entertainment, Inc. (a)

    70,048        1,299,390   

Loral Space & Communications, Inc.

    6,669        451,691   

McClatchy Co. (The) - Class A (a) (b)

    33,503        100,509   

MDC Partners, Inc. - Class A

    12,989        363,432   

Media General, Inc. - Class A (a) (b)

    10,457        149,117   

Meredith Corp. (b)

    18,123        863,017   

National CineMedia, Inc.

    28,435        536,284   

New York Times Co. (The) - Class A (a) (b)

    63,935        803,663   

Nexstar Broadcasting Group, Inc. -
Class A (b)

    14,830        660,009   

Rentrak Corp. (a) (b)

    5,237        170,831   

Saga Communications, Inc. - Class A

    2,853        126,616   

Scholastic Corp. (b)

    14,077        403,306   

Sinclair Broadcast Group, Inc. - Class A (b)

    34,322        1,150,473   

Valassis Communications, Inc. (b)

    20,868        602,668   

World Wrestling Entertainment, Inc. - Class A

    13,534        137,641   
   

 

 

 
      10,556,928   
   

 

 

 

Metals & Mining—1.2%

  

AK Steel Holding Corp. (a) (b)

    70,804        265,515   

Allied Nevada Gold Corp. (a) (b)

    53,266        222,652   

AM Castle & Co. (a) (b)

    9,250        148,925   

AMCOL International Corp. (b)

    14,133        461,866   

Metals & Mining—(Continued)

  

Century Aluminum Co. (a)

    26,722      215,112   

Coeur Mining, Inc. (a)

    52,874        637,132   

Commercial Metals Co.

    58,786        996,423   

Globe Specialty Metals, Inc.

    33,146        510,780   

Gold Resource Corp. (b)

    17,156        113,744   

Haynes International, Inc.

    6,653        301,580   

Hecla Mining Co. (b)

    169,619        532,604   

Horsehead Holding Corp. (a) (b)

    24,392        303,924   

Kaiser Aluminum Corp. (b)

    9,031        643,459   

Materion Corp.

    10,677        342,305   

Molycorp, Inc. (a) (b)

    63,268        415,038   

Olympic Steel, Inc.

    4,963        137,872   

Paramount Gold & Silver Corp. (a) (b)

    75,053        96,818   

RTI International Metals, Inc. (a) (b)

    16,034        513,729   

Schnitzer Steel Industries, Inc. - Class A (b)

    13,529        372,589   

Stillwater Mining Co. (a) (b)

    61,243        674,285   

SunCoke Energy, Inc. (a)

    35,308        600,236   

U.S. Silica Holdings, Inc. (b)

    11,101        276,415   

Universal Stainless & Alloy (a) (b)

    4,303        139,977   

Walter Energy, Inc. (b)

    32,001        448,974   

Worthington Industries, Inc.

    26,842        924,170   
   

 

 

 
      10,296,124   
   

 

 

 

Multi-Utilities—0.3%

  

Avista Corp. (b)

    30,460        804,144   

Black Hills Corp.

    21,361        1,065,060   

NorthWestern Corp.

    19,221        863,407   
   

 

 

 
      2,732,611   
   

 

 

 

Multiline Retail—0.2%

  

Fred’s, Inc. - Class A

    17,147        268,351   

Saks, Inc. (a) (b)

    53,161        847,386   

Tuesday Morning Corp. (a)

    24,016        366,724   
   

 

 

 
      1,482,461   
   

 

 

 

Oil, Gas & Consumable Fuels—3.5%

  

Abraxas Petroleum Corp. (a) (b)

    45,519        116,984   

Alon USA Energy, Inc. (b)

    12,159        124,143   

Alpha Natural Resources, Inc. (a) (b)

    111,628        665,303   

Approach Resources, Inc. (a) (b)

    17,593        462,344   

Arch Coal, Inc.

    109,183        448,742   

Athlon Energy, Inc. (a)

    10,483        342,794   

Berry Petroleum Co. - Class A (b)

    27,109        1,169,211   

Bill Barrett Corp. (a) (b)

    24,966        626,896   

Bonanza Creek Energy, Inc. (a) (b)

    14,894        718,784   

BPZ Resources, Inc. (a) (b)

    63,498        123,821   

Callon Petroleum Co. (a)

    21,984        120,252   

Carrizo Oil & Gas, Inc. (a) (b)

    20,013        746,685   

Clayton Williams Energy, Inc. (a)

    3,222        169,058   

Clean Energy Fuels Corp. (a) (b)

    35,238        450,342   

Cloud Peak Energy, Inc. (a)

    31,583        463,323   

Comstock Resources, Inc. (b)

    24,676        392,595   

Contango Oil & Gas Co.

    6,514        239,389   

Crosstex Energy, Inc.

    24,128        504,034   

Delek U.S. Holdings, Inc.

    18,779        396,049   

Diamondback Energy, Inc. (a)

    9,479        404,185   

 

MSF-184


Table of Contents

Metropolitan Series Fund

Russell 2000® Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Oil, Gas & Consumable Fuels—(Continued)

  

Emerald Oil, Inc. (a) (b)

    14,869      $ 106,908   

Endeavour International Corp. (a) (b)

    27,855        149,024   

Energy XXI Bermuda, Ltd.

    38,622        1,166,384   

EPL Oil & Gas, Inc. (a)

    15,648        580,697   

Evolution Petroleum Corp. (a)

    9,398        105,821   

EXCO Resources, Inc. (b)

    68,713        463,126   

Forest Oil Corp. (a) (b)

    62,998        384,288   

FX Energy, Inc. (a) (b)

    29,231        100,555   

GasLog, Ltd.

    14,308        213,618   

Gastar Exploration, Ltd. (a) (b)

    33,900        133,905   

Goodrich Petroleum Corp. (a)

    13,200        320,628   

Green Plains Renewable Energy, Inc.

    14,691        235,791   

Halcon Resources Corp. (a) (b)

    117,798        521,845   

Jones Energy, Inc. - Class A (a)

    8,390        137,680   

Knightsbridge Tankers, Ltd. (b)

    13,531        137,610   

Kodiak Oil & Gas Corp. (a) (b)

    129,586        1,562,807   

Magnum Hunter Resources Corp. (a) (b)

    87,944        542,614   

Matador Resources Co. (a)

    29,440        480,755   

Midstates Petroleum Co., Inc. (a)

    18,106        92,884   

Miller Energy Resources, Inc. (a) (b)

    16,902        122,709   

Nordic American Tankers, Ltd. (b)

    32,862        270,783   

Northern Oil and Gas, Inc. (a) (b)

    32,713        472,049   

Panhandle Oil and Gas, Inc. - Class A (b)

    3,108        87,894   

PDC Energy, Inc. (a)

    17,964        1,069,577   

Penn Virginia Corp. (a) (b)

    25,144        167,208   

PetroQuest Energy, Inc. (a)

    28,823        115,580   

Quicksilver Resources, Inc. (a) (b)

    69,322        136,564   

Renewable Energy Group, Inc. (a)

    11,111        168,332   

Rentech, Inc. (b)

    117,208        232,072   

Resolute Energy Corp. (a) (b)

    32,333        270,304   

REX American Resources Corp. (a)

    3,383        103,993   

Rex Energy Corp. (a) (b)

    22,443        500,479   

Rosetta Resources, Inc. (a) (b)

    29,607        1,612,397   

Sanchez Energy Corp. (a) (b)

    19,248        508,340   

Scorpio Tankers, Inc.

    92,909        906,792   

SemGroup Corp. - Class A

    21,575        1,230,206   

Ship Finance International, Ltd. (b)

    28,428        434,096   

Solazyme, Inc. (a) (b)

    24,576        264,684   

Stone Energy Corp. (a)

    25,118        814,577   

Swift Energy Co. (a) (b)

    22,073        252,074   

Synergy Resources Corp. (a)

    23,066        224,894   

Targa Resources Corp.

    16,514        1,204,861   

Triangle Petroleum Corp. (a)

    30,751        301,975   

Uranium Energy Corp. (a) (b)

    46,445        104,501   

Vaalco Energy, Inc. (a) (b)

    28,122        156,921   

W&T Offshore, Inc. (b)

    18,499        327,802   

Warren Resources, Inc. (a)

    41,839        122,588   

Western Refining, Inc. (b)

    28,188        846,768   
   

 

 

 
      29,152,894   
   

 

 

 

Paper & Forest Products—0.7%

  

Boise Cascade Co. (a) (b)

    4,642        125,102   

Clearwater Paper Corp. (a)

    11,093        529,913   

Deltic Timber Corp.

    6,001        390,905   

KapStone Paper and Packaging Corp.

    21,154        905,391   

Louisiana-Pacific Corp. (a)

    69,384        1,220,465   

Paper & Forest Products—(Continued)

  

Neenah Paper, Inc.

    7,745      304,456   

PH Glatfelter Co.

    21,278        575,995   

Resolute Forest Products, Inc. (a)

    33,917        448,383   

Schweitzer-Mauduit International, Inc.

    14,901        901,957   

Wausau Paper Corp.

    23,588        306,408   
   

 

 

 
      5,708,975   
   

 

 

 

Personal Products—0.3%

  

Elizabeth Arden, Inc. (a) (b)

    13,201        487,381   

Female Health Co. (The) (b)

    11,048        109,044   

Inter Parfums, Inc.

    8,191        245,648   

Lifevantage Corp. (a) (b)

    47,030        111,931   

Medifast, Inc. (a) (b)

    7,275        195,625   

Nature’s Sunshine Products, Inc.

    5,787        110,358   

Nutraceutical International Corp.

    5,375        127,603   

Prestige Brands Holdings, Inc. (a)

    26,054        784,747   

Revlon, Inc. - Class A (a)

    6,172        171,396   

Star Scientific, Inc. (a) (b)

    87,814        167,725   

USANA Health Sciences, Inc. (a)

    2,893        251,083   
   

 

 

 
      2,762,541   
   

 

 

 

Pharmaceuticals—1.4%

  

AcelRx Pharmaceuticals, Inc. (a)

    11,628        125,234   

Akorn, Inc. (a) (b)

    28,175        554,484   

Ampio Pharmaceuticals, Inc. (a) (b)

    15,630        117,225   

Auxilium Pharmaceuticals, Inc. (a) (b)

    24,788        451,885   

AVANIR Pharmaceuticals,
Inc. - Class A (a) (b)

    74,656        316,541   

Cadence Pharmaceuticals, Inc. (a) (b)

    28,947        182,656   

Cempra, Inc. (a) (b)

    11,324        130,226   

Depomed, Inc. (a)

    31,001        231,887   

Endocyte, Inc. (a) (b)

    16,647        221,905   

Hi-Tech Pharmacal Co., Inc.

    6,764        291,867   

Horizon Pharma, Inc. (a)

    29,283        98,098   

Impax Laboratories, Inc. (a)

    33,899        695,268   

Lannett Co., Inc. (a)

    9,646        210,476   

Medicines Co. (The) (a)

    32,038        1,073,914   

Nektar Therapeutics (a)

    61,506        642,738   

Omeros Corp. (a)

    16,069        156,673   

Optimer Pharmaceuticals, Inc. (a)

    25,010        315,126   

Pacira Pharmaceuticals, Inc. (a)

    14,109        678,502   

Questcor Pharmaceuticals, Inc. (b)

    26,072        1,512,176   

Repros Therapeutics, Inc. (a) (b)

    12,184        326,531   

Sagent Pharmaceuticals, Inc. (a)

    8,833        180,193   

Santarus, Inc. (a)

    27,255        615,145   

Sciclone Pharmaceuticals, Inc. (a) (b)

    31,065        157,500   

TherapeuticsMD, Inc. (a) (b)

    55,042        161,273   

ViroPharma, Inc. (a) (b)

    32,748        1,286,996   

Vivus, Inc. (a) (b)

    52,768        491,798   

XenoPort, Inc. (a) (b)

    20,130        114,338   
   

 

 

 
      11,340,655   
   

 

 

 

Professional Services—1.3%

  

Acacia Research Corp. (b)

    26,332        607,216   

Advisory Board Co. (The) (a)

    18,149        1,079,503   

 

MSF-185


Table of Contents

Metropolitan Series Fund

Russell 2000® Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Professional Services—(Continued)

  

Barrett Business Services, Inc.

    3,901      $ 262,576   

CBIZ, Inc. (a) (b)

    20,130        149,767   

CDI Corp.

    7,746        118,591   

Corporate Executive Board Co. (The)

    17,121        1,243,327   

CRA International, Inc. (a) (b)

    6,362        118,460   

Exponent, Inc. (b)

    5,961        428,238   

FTI Consulting, Inc. (a)

    19,552        739,066   

GP Strategies Corp. (a)

    8,646        226,698   

Heidrick & Struggles International, Inc.

    9,634        183,624   

Huron Consulting Group, Inc. (a)

    11,680        614,485   

ICF International, Inc. (a)

    10,002        354,171   

Insperity, Inc.

    12,162        457,291   

Kelly Services, Inc. - Class A

    14,944        290,960   

Kforce, Inc.

    12,290        217,410   

Korn/Ferry International (a)

    24,691        528,387   

Mistras Group, Inc. (a)

    8,222        139,774   

Navigant Consulting, Inc. (a)

    27,414        423,821   

Odyssey Marine Exploration, Inc. (a) (b)

    34,854        104,911   

On Assignment, Inc. (a)

    22,889        755,337   

Pendrell Corp. (a)

    84,143        163,237   

Resources Connection, Inc.

    20,687        280,723   

RPX Corp. (a)

    16,455        288,456   

TrueBlue, Inc. (a)

    19,573        469,948   

VSE Corp.

    2,185        102,586   

WageWorks, Inc. (a)

    12,583        634,812   
   

 

 

 
      10,983,375   
   

 

 

 

Real Estate Investment Trusts—7.0%

  

Acadia Realty Trust

    27,899        688,547   

AG Mortgage Investment Trust, Inc. (b)

    14,345        238,414   

Agree Realty Corp. (b)

    6,955        209,902   

Alexander’s, Inc. (b)

    1,140        326,177   

American Assets Trust, Inc.

    17,413        531,271   

American Capital Mortgage Investment Corp. (b)

    30,954        611,651   

American Realty Capital Properties, Inc. (b)

    77,373        943,951   

American Residential Properties, Inc. (a)

    9,701        170,835   

AmREIT, Inc. (b)

    8,595        149,123   

Anworth Mortgage Asset Corp.

    71,422        344,968   

Apollo Commercial Real Estate Finance, Inc.

    16,722        255,345   

Apollo Residential Mortgage, Inc. (b)

    16,439        239,845   

Ares Commercial Real Estate Corp. (b)

    11,438        142,174   

Armada Hoffler Properties, Inc. (b)

    10,641        105,452   

ARMOUR Residential REIT, Inc. (b)

    189,819        797,240   

Ashford Hospitality Trust, Inc.

    31,632        390,339   

Associated Estates Realty Corp. (b)

    29,461        439,263   

Aviv REIT, Inc.

    4,449        101,437   

Campus Crest Communities, Inc. (b)

    33,908        366,206   

CapLease, Inc. (b)

    47,211        400,821   

Capstead Mortgage Corp.

    45,713        538,042   

Cedar Realty Trust, Inc.

    37,954        196,602   

Chambers Street Properties (b)

    118,956        1,044,434   

Chatham Lodging Trust (b)

    11,846        211,570   

Chesapeake Lodging Trust

    25,632        603,377   

Colonial Properties Trust

    45,983        1,034,158   

Colony Financial, Inc. (b)

    33,925        677,821   

Real Estate Investment Trusts—(Continued)

  

Coresite Realty Corp. (b)

    10,812      366,959   

Cousins Properties, Inc.

    85,111        875,792   

CubeSmart

    64,627        1,152,946   

CyrusOne, Inc.

    11,074        210,185   

CYS Investments, Inc. (b)

    92,035        748,245   

DCT Industrial Trust, Inc.

    142,805        1,026,768   

DiamondRock Hospitality Co.

    99,299        1,059,520   

DuPont Fabros Technology, Inc. (b)

    32,563        839,148   

Dynex Capital, Inc. (b)

    28,987        254,216   

EastGroup Properties, Inc. (b)

    15,137        896,262   

Education Realty Trust, Inc.

    59,817        544,335   

EPR Properties (b)

    23,416        1,141,296   

Equity One, Inc.

    30,429        665,178   

Excel Trust, Inc.

    23,675        284,100   

FelCor Lodging Trust, Inc. (a) (b)

    63,841        393,261   

First Industrial Realty Trust, Inc.

    55,940        910,144   

First Potomac Realty Trust (b)

    30,465        382,945   

Franklin Street Properties Corp. (b)

    45,751        582,868   

Geo Group, Inc. (The)

    36,840        1,224,930   

Getty Realty Corp.

    13,375        259,876   

Gladstone Commercial Corp. (b)

    5,368        96,409   

Glimcher Realty Trust

    73,142        713,134   

Government Properties Income Trust (b)

    27,626        661,090   

Gramercy Property Trust, Inc. (a) (b)

    26,297        109,133   

Healthcare Realty Trust, Inc.

    48,466        1,120,049   

Hersha Hospitality Trust

    102,691        574,043   

Highwoods Properties, Inc. (b)

    45,234        1,597,213   

Hudson Pacific Properties, Inc.

    22,736        442,215   

Inland Real Estate Corp.

    40,919        418,601   

Invesco Mortgage Capital, Inc.

    69,617        1,071,406   

Investors Real Estate Trust

    51,434        424,330   

iStar Financial, Inc. (a) (b)

    42,568        512,519   

Kite Realty Group Trust

    42,124        249,795   

LaSalle Hotel Properties

    48,296        1,377,402   

Lexington Realty Trust (b)

    84,908        953,517   

LTC Properties, Inc.

    18,082        686,754   

Medical Properties Trust, Inc.

    81,685        994,106   

Monmouth Real Estate Investment Corp. - Class A

    21,915        198,769   

MPG Office Trust, Inc. (a)

    31,832        99,634   

National Health Investors, Inc. (b)

    12,867        732,004   

New Residential Investment Corp.

    121,112        801,761   

New York Mortgage Trust, Inc. (b)

    34,441        215,256   

NorthStar Realty Finance Corp.

    121,063        1,123,465   

One Liberty Properties, Inc.

    6,290        127,561   

Parkway Properties, Inc.

    22,297        396,218   

Pebblebrook Hotel Trust

    31,889        915,533   

Pennsylvania Real Estate Investment Trust

    35,457        663,046   

PennyMac Mortgage Investment Trust

    35,722        810,175   

Potlatch Corp.

    20,535        814,829   

PS Business Parks, Inc.

    8,946        667,551   

RAIT Financial Trust (b)

    37,240        263,659   

Ramco-Gershenson Properties Trust

    31,310        482,487   

Redwood Trust, Inc. (b)

    42,013        827,236   

Resource Capital Corp.

    65,666        390,056   

Retail Opportunity Investments Corp. (b)

    34,893        482,221   

Rexford Industrial Realty, Inc. (a)

    11,822        159,715   

 

MSF-186


Table of Contents

Metropolitan Series Fund

Russell 2000® Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Real Estate Investment Trusts—(Continued)

  

RLJ Lodging Trust

    63,634      $ 1,494,763   

Rouse Properties, Inc. (b)

    12,233        251,755   

Ryman Hospitality Properties (b)

    22,239        767,468   

Sabra Health Care REIT, Inc. (b)

    19,024        437,742   

Saul Centers, Inc.

    4,164        192,585   

Select Income REIT

    11,322        292,108   

Silver Bay Realty Trust Corp. (b)

    8,199        128,396   

Sovran Self Storage, Inc.

    15,414        1,166,532   

STAG Industrial, Inc. (b)

    21,343        429,421   

Strategic Hotels & Resorts, Inc. (a)

    95,154        825,937   

Summit Hotel Properties, Inc.

    40,984        376,643   

Sun Communities, Inc. (b)

    18,181        774,874   

Sunstone Hotel Investors, Inc.

    84,904        1,081,677   

Terreno Realty Corp.

    13,034        231,484   

Universal Health Realty Income Trust

    6,109        255,784   

Urstadt Biddle Properties, Inc. - Class A

    13,207        262,555   

Washington Real Estate Investment Trust (b)

    33,712        851,902   

Western Asset Mortgage Capital Corp. (b)

    10,783        172,420   

Whitestone REIT (b)

    9,141        134,647   

Winthrop Realty Trust

    15,621        174,174   
   

 

 

 
      58,053,698   
   

 

 

 

Real Estate Management & Development—0.3%

  

Alexander & Baldwin, Inc. (a)

    21,692        781,346   

Altisource Residential Corp. (b)

    11,266        258,893   

Consolidated-Tomoka Land Co. (b)

    2,461        94,724   

Forestar Group, Inc. (a)

    15,739        338,861   

Kennedy-Wilson Holdings, Inc.

    28,809        534,695   

Tejon Ranch Co. (a)

    7,566        233,335   

Thomas Properties Group, Inc. (b)

    16,805        112,929   
   

 

 

 
      2,354,783   
   

 

 

 

Road & Rail—0.5%

  

Arkansas Best Corp. (b)

    13,889        356,531   

Celadon Group, Inc.

    9,437        176,189   

Heartland Express, Inc. (b)

    23,452        332,784   

Knight Transportation, Inc. (b)

    29,563        488,381   

Marten Transport, Ltd.

    13,224        226,791   

Patriot Transportation Holding, Inc. (a) (b)

    3,479        117,694   

Quality Distribution, Inc. (a)

    11,883        109,799   

Roadrunner Transportation Systems, Inc. (a)

    9,507        268,478   

Saia, Inc. (a)

    11,835        369,015   

Swift Transportation Co. (a)

    41,048        828,759   

Werner Enterprises, Inc. (b)

    23,073        538,293   

YRC Worldwide, Inc. (a)

    4,870        82,206   
   

 

 

 
      3,894,920   
   

 

 

 

Semiconductors & Semiconductor Equipment—3.2%

  

Advanced Energy Industries, Inc. (a)

    20,778        364,031   

Ambarella, Inc. (a) (b)

    9,901        193,268   

Amkor Technology, Inc. (a) (b)

    28,687        123,067   

Applied Micro Circuits Corp. (a)

    37,494        483,673   

ATMI, Inc. (a)

    16,612        440,550   

Axcelis Technologies, Inc. (a)

    59,771        126,117   

Brooks Automation, Inc.

    36,289        337,851   

Semiconductors & Semiconductor Equipment—(Continued)

  

Cabot Microelectronics Corp. (a)

    12,507      481,770   

Cavium, Inc. (a) (b)

    26,390        1,087,268   

Ceva, Inc. (a)

    13,754        237,257   

Cirrus Logic, Inc. (a) (b)

    30,722        696,775   

Cohu, Inc.

    11,848        129,262   

Cypress Semiconductor Corp. (a) (b)

    74,272        693,700   

Diodes, Inc. (a)

    18,315        448,718   

Entegris, Inc. (a)

    70,530        715,879   

Entropic Communications, Inc. (a) (b)

    44,392        194,437   

Exar Corp. (a) (c)

    20,123        269,849   

FormFactor, Inc. (a) (c)

    27,182        186,469   

GT Advanced Technologies, Inc. (a) (b)

    55,098        468,884   

Hittite Microwave Corp. (a)

    16,228        1,060,500   

Inphi Corp. (a)

    13,845        185,938   

Integrated Device Technology, Inc. (a)

    62,154        585,491   

Integrated Silicon Solution, Inc. (a)

    14,137        153,952   

International Rectifier Corp. (a)

    33,317        825,262   

Intersil Corp. - Class A

    60,030        674,137   

IXYS Corp.

    13,771        132,890   

Kopin Corp. (a)

    34,528        139,148   

Lattice Semiconductor Corp. (a)

    61,578        274,638   

LTX-Credence Corp. (a)

    26,473        174,192   

M/A-COM Technology Solutions Holdings, Inc. (a)

    6,061        103,158   

MaxLinear, Inc. - Class A (a)

    12,849        106,518   

Micrel, Inc.

    25,489        232,205   

Microsemi Corp. (a) (b)

    47,110        1,142,417   

MKS Instruments, Inc.

    27,174        722,557   

Monolithic Power Systems, Inc.

    18,772        568,416   

MoSys, Inc. (a) (b)

    20,074        74,675   

Nanometrics, Inc. (a) (b)

    12,771        205,869   

NVE Corp. (a) (b)

    2,605        132,959   

OmniVision Technologies, Inc. (a) (b)

    26,397        404,138   

PDF Solutions, Inc. (a)

    13,439        285,579   

Peregrine Semiconductor Corp. (a) (b)

    14,176        127,159   

Pericom Semiconductor Corp. (a)

    13,974        108,997   

Photronics, Inc. (a) (b)

    30,362        237,734   

PLX Technology, Inc. (a)

    23,066        138,857   

PMC - Sierra, Inc. (a)

    103,361        684,250   

Power Integrations, Inc.

    14,941        809,055   

Rambus, Inc. (a) (b)

    59,232        556,781   

RF Micro Devices, Inc. (a)

    144,045        812,414   

Rubicon Technology, Inc. (a) (b)

    9,698        117,443   

Rudolph Technologies, Inc. (a) (b)

    18,288        208,483   

Semtech Corp. (a)

    34,355        1,030,306   

Sigma Designs, Inc. (a)

    16,954        94,603   

Silicon Image, Inc. (a)

    41,704        222,699   

Spansion, Inc. - Class A (a) (b)

    26,069        263,036   

SunEdison, Inc. (a) (b)

    133,724        1,065,780   

SunPower Corp. (a) (b)

    19,018        497,511   

Supertex, Inc.

    4,577        115,981   

Synaptics, Inc. (a) (b)

    15,998        708,391   

Tessera Technologies, Inc. (b)

    27,229        526,881   

TriQuint Semiconductor, Inc. (a) (b) (c)

    79,628        647,376   

Ultratech, Inc. (a) (b)

    13,618        412,625   

Veeco Instruments, Inc. (a) (b)

    20,425        760,423   

 

MSF-187


Table of Contents

Metropolitan Series Fund

Russell 2000® Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Semiconductors & Semiconductor Equipment—(Continued)

  

Volterra Semiconductor Corp. (a)

    11,366      $ 261,418   
   

 

 

 
      26,271,667   
   

 

 

 

Software—4.1%

   

Accelrys, Inc. (a) (b)

    31,619        311,763   

ACI Worldwide, Inc. (a) (b)

    19,394        1,048,440   

Actuate Corp. (a)

    24,071        176,922   

Advent Software, Inc. (b)

    16,892        536,321   

American Software, Inc. - Class A

    12,761        108,979   

Aspen Technology, Inc. (a)

    46,847        1,618,564   

AVG Technologies NV (a)

    12,487        298,939   

Blackbaud, Inc.

    21,931        856,186   

Bottomline Technologies de, Inc. (a) (b)

    19,170        534,460   

BroadSoft, Inc. (a) (b)

    14,701        529,677   

Callidus Software, Inc. (a) (b)

    15,535        142,456   

CommVault Systems, Inc. (a)

    23,645        2,076,740   

Comverse, Inc. (a)

    11,872        379,310   

Ebix, Inc. (b)

    16,296        161,982   

Ellie Mae, Inc. (a) (b)

    13,561        434,088   

EPIQ Systems, Inc.

    17,942        237,193   

ePlus, Inc.

    2,282        117,934   

Fair Isaac Corp.

    17,395        961,596   

FleetMatics Group plc (a) (b)

    8,467        317,936   

Gerber Scientific, Inc. (a) (b) (d)

    14,024        0   

Gigamon, Inc. (a)

    5,056        195,364   

Glu Mobile, Inc. (a)

    35,393        98,428   

Guidewire Software, Inc. (a) (b)

    21,145        996,141   

Imperva, Inc. (a)

    10,304        432,974   

Infoblox, Inc. (a) (b)

    25,308        1,058,381   

Interactive Intelligence Group, Inc. (a)

    7,901        501,635   

Jive Software, Inc. (a) (b)

    20,334        254,175   

Manhattan Associates, Inc. (a)

    9,835        938,751   

Mentor Graphics Corp.

    46,221        1,080,185   

MicroStrategy, Inc. - Class A (a)

    4,507        467,646   

Monotype Imaging Holdings, Inc. (b)

    18,530        531,070   

Netscout Systems, Inc. (a)

    19,351        494,805   

Pegasystems, Inc. (b)

    8,162        324,929   

Progress Software Corp. (a)

    29,256        757,145   

Proofpoint, Inc. (a)

    11,322        363,663   

PROS Holdings, Inc. (a)

    11,234        384,090   

PTC, Inc. (a) (c)

    59,054        1,678,905   

QLIK Technologies, Inc. (a)

    42,727        1,462,972   

Qualys, Inc. (a)

    8,124        173,772   

Rally Software Development Corp. (a)

    3,753        112,440   

RealPage, Inc. (a)

    23,771        550,536   

Rosetta Stone, Inc. (a)

    6,211        100,805   

Seachange International, Inc. (a)

    15,237        174,768   

Sourcefire, Inc. (a)

    15,673        1,189,894   

SS&C Technologies Holdings, Inc. (a)

    29,343        1,117,968   

Synchronoss Technologies, Inc. (a)

    14,183        539,805   

Take-Two Interactive Software, Inc. (a)

    41,777        758,670   

Tangoe, Inc. (a) (b)

    15,994        381,617   

TiVo, Inc. (a)

    63,638        791,657   

Tyler Technologies, Inc. (a)

    15,971        1,396,983   

Ultimate Software Group, Inc. (a)

    13,861        2,043,111   

VASCO Data Security International, Inc. (a) (b)

    15,031        118,595   

Software—(Continued)

   

Verint Systems, Inc. (a)

    26,550      983,943   

VirnetX Holding Corp. (a) (b)

    22,272        454,349   

Vringo, Inc. (a) (b)

    36,972        106,479   
   

 

 

 
      33,866,137   
   

 

 

 

Specialty Retail—3.2%

   

Aeropostale, Inc. (a) (b)

    41,826        393,164   

America’s Car-Mart, Inc. (a) (b)

    3,580        161,494   

ANN, Inc. (a)

    23,136        837,986   

Asbury Automotive Group, Inc. (a)

    15,706        835,559   

Barnes & Noble, Inc. (a) (b)

    20,590        266,435   

bebe stores, Inc. (b)

    19,159        116,678   

Big 5 Sporting Goods Corp.

    10,090        162,247   

Brown Shoe Co., Inc.

    23,566        553,094   

Buckle, Inc. (The) (b)

    14,188        766,861   

Cato Corp. (The) - Class A

    14,157        396,113   

Children’s Place Retail Stores, Inc. (The) (a)

    11,077        640,915   

Christopher & Banks Corp. (a)

    19,194        138,389   

Citi Trends, Inc. (a)

    8,551        149,472   

Conn’s, Inc. (a)

    11,320        566,453   

Destination Maternity Corp.

    7,452        236,974   

Destination XL Group, Inc. (a)

    22,534        145,795   

Express, Inc. (a)

    42,861        1,011,091   

Finish Line, Inc. (The) - Class A (b)

    23,774        591,259   

Five Below, Inc. (a) (b)

    16,534        723,363   

Francesca’s Holdings Corp. (a) (b)

    22,196        413,733   

Genesco, Inc. (a)

    11,656        764,401   

Group 1 Automotive, Inc. (b)

    10,763        836,070   

Haverty Furniture Cos., Inc.

    10,391        254,891   

hhgregg, Inc. (a) (b)

    8,400        150,444   

Hibbett Sports, Inc. (a) (b)

    12,767        716,867   

Jos A Bank Clothiers, Inc. (a) (b)

    14,680        645,333   

Kirkland’s, Inc. (a)

    9,307        171,621   

Lithia Motors, Inc. - Class A

    11,200        817,152   

Lumber Liquidators Holdings, Inc. (a) (b)

    13,856        1,477,742   

MarineMax, Inc. (a)

    12,696        154,891   

Mattress Firm Holding Corp. (a) (b)

    6,132        194,998   

Men’s Wearhouse, Inc. (The)

    25,929        882,883   

Monro Muffler Brake, Inc.

    16,141        750,395   

Office Depot, Inc. (a) (b)

    124,358        600,649   

OfficeMax, Inc.

    45,653        583,902   

Penske Automotive Group, Inc.

    21,853        933,779   

Pep Boys-Manny Moe & Jack (The) (a)

    28,658        357,365   

Pier 1 Imports, Inc.

    47,516        927,512   

RadioShack Corp. (a) (b)

    53,504        182,449   

Rent-A-Center, Inc. (b)

    26,759        1,019,518   

Restoration Hardware Holdings, Inc. (a) (b)

    8,906        564,195   

rue21, Inc. (a) (b)

    8,039        324,293   

Sears Hometown and Outlet Stores, Inc. (a)

    4,481        142,272   

Select Comfort Corp. (a) (b)

    26,740        651,119   

Shoe Carnival, Inc. (b)

    8,227        222,211   

Sonic Automotive, Inc. - Class A

    18,394        437,777   

Stage Stores, Inc. (b)

    16,362        314,150   

Stein Mart, Inc. (b)

    15,504        212,715   

Tile Shop Holdings, Inc. (a) (b)

    10,923        322,119   

Vitamin Shoppe, Inc. (a)

    15,659        685,081   

 

MSF-188


Table of Contents

Metropolitan Series Fund

Russell 2000® Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Specialty Retail—(Continued)

   

West Marine, Inc. (a) (b)

    8,963      $ 109,349   

Wet Seal, Inc. (The) - Class A (a) (b)

    46,742        183,696   

Zale Corp. (a) (b)

    16,986        258,187   

Zumiez, Inc. (a) (b)

    11,433        314,808   
   

 

 

 
      26,271,909   
   

 

 

 

Textiles, Apparel & Luxury Goods—1.3%

  

Columbia Sportswear Co. (b)

    6,412        386,195   

Crocs, Inc. (a) (c)

    43,218        588,197   

Fifth & Pacific Cos., Inc. (a)

    59,347        1,491,390   

G-III Apparel Group, Ltd. (a) (b)

    8,109        442,670   

Iconix Brand Group, Inc. (a) (b)

    29,513        980,422   

Jones Group, Inc. (The)

    41,279        619,598   

Maidenform Brands, Inc. (a) (b)

    12,548        294,753   

Movado Group, Inc.

    10,013        438,069   

Oxford Industries, Inc.

    6,418        436,296   

Perry Ellis International, Inc.

    7,288        137,306   

Quiksilver, Inc. (a) (b)

    66,625        468,374   

RG Barry Corp.

    5,638        106,615   

Skechers USA, Inc. - Class A (a)

    20,341        632,808   

Steven Madden, Ltd. (a)

    20,909        1,125,531   

Tumi Holdings, Inc. (a) (b)

    24,156        486,743   

Unifi, Inc. (a)

    7,892        184,357   

Vera Bradley, Inc. (a) (b)

    10,263        211,007   

Wolverine World Wide, Inc. (b)

    25,263        1,471,064   
   

 

 

 
      10,501,395   
   

 

 

 

Thrifts & Mortgage Finance—1.4%

  

Astoria Financial Corp. (b)

    45,199        562,276   

Banc of California, Inc. (b)

    8,788        121,538   

Bank Mutual Corp.

    24,774        155,333   

BankFinancial Corp. (b)

    12,038        107,379   

Beneficial Mutual Bancorp, Inc. (a) (b)

    18,913        188,563   

Berkshire Hills Bancorp, Inc.

    13,053        327,761   

BofI Holding, Inc. (a) (b)

    6,005        389,484   

Brookline Bancorp, Inc.

    37,158        349,657   

Capitol Federal Financial, Inc.

    75,011        932,387   

Charter Financial Corp.

    12,347        133,348   

Dime Community Bancshares, Inc.

    15,501        258,092   

EverBank Financial Corp. (b)

    40,693        609,581   

Federal Agricultural Mortgage Corp. - Class C

    5,480        182,922   

First Defiance Financial Corp.

    5,038        117,839   

Flagstar Bancorp, Inc. (a) (b)

    8,461        124,884   

Fox Chase Bancorp, Inc.

    7,539        131,179   

Franklin Financial Corp.

    7,196        136,436   

Home Loan Servicing Solutions, Ltd.

    36,012        792,624   

HomeStreet, Inc. (b)

    6,935        133,845   

Meridian Interstate Bancorp, Inc. (a)

    4,638        101,062   

Meta Financial Group, Inc.

    3,308        125,704   

MGIC Investment Corp. (a)

    164,487        1,197,465   

Northfield Bancorp, Inc.

    29,861        362,513   

Northwest Bancshares, Inc.

    44,873        593,221   

OceanFirst Financial Corp.

    6,649        112,435   

Oritani Financial Corp.

    22,475        369,938   

Thrifts & Mortgage Finance—(Continued)

  

PennyMac Financial Services,
Inc. - Class A (a)

    8,785      165,070   

Provident Financial Services, Inc.

    31,811        515,656   

Provident New York Bancorp (b)

    20,537        223,648   

Radian Group, Inc. (b)

    83,860        1,168,170   

Rockville Financial, Inc. (b)

    15,288        198,744   

Territorial Bancorp, Inc.

    7,186        157,876   

TrustCo Bank Corp. (b)

    49,973        297,839   

United Community Financial Corp. (a) (b)

    22,000        85,580   

United Financial Bancorp, Inc.

    9,478        153,259   

Walker & Dunlop, Inc. (a) (b)

    8,778        139,658   

WSFS Financial Corp.

    4,212        253,773   
   

 

 

 
      11,976,739   
   

 

 

 

Tobacco—0.2%

  

Alliance One International, Inc. (a)

    45,974        133,784   

Universal Corp. (b)

    12,065        614,471   

Vector Group, Ltd. (b)

    31,275        503,532   
   

 

 

 
      1,251,787   
   

 

 

 

Trading Companies & Distributors—0.9%

  

Aceto Corp.

    12,038        188,034   

Aircastle, Ltd.

    34,426        599,357   

Applied Industrial Technologies, Inc.

    21,259        1,094,838   

Beacon Roofing Supply, Inc. (a) (b)

    24,991        921,418   

CAI International, Inc. (a)

    7,804        181,599   

DXP Enterprises, Inc. (a) (b)

    4,456        351,890   

H&E Equipment Services, Inc. (a)

    14,207        377,338   

Houston Wire & Cable Co. (b)

    10,450        140,762   

Kaman Corp. (b)

    14,024        530,949   

Rush Enterprises, Inc. - Class A (a)

    17,833        472,753   

TAL International Group, Inc. (b)

    16,976        793,288   

Textainer Group Holdings, Ltd. (b)

    10,746        406,951   

Titan Machinery, Inc. (a) (b)

    8,967        144,100   

Watsco, Inc.

    12,890        1,215,140   
   

 

 

 
      7,418,417   
   

 

 

 

Transportation Infrastructure—0.1%

  

Wesco Aircraft Holdings, Inc. (a)

    20,790        435,135   
   

 

 

 

Water Utilities—0.2%

  

American States Water Co.

    19,788        545,357   

California Water Service Group

    24,670        501,294   

Connecticut Water Service, Inc.

    4,609        148,225   

Consolidated Water Co., Ltd.

    8,349        124,985   

Middlesex Water Co.

    7,497        160,361   

SJW Corp. (b)

    7,394        207,180   

York Water Co. (b)

    6,695        134,369   
   

 

 

 
      1,821,771   
   

 

 

 

Wireless Telecommunication Services—0.2%

  

Leap Wireless International, Inc. (a) (b)

    27,485        433,988   

NII Holdings, Inc. (a) (b)

    86,612        525,735   

NTELOS Holdings Corp. (b)

    7,785        146,358   

Shenandoah Telecommunications Co. (b)

    12,542        302,262   

 

MSF-189


Table of Contents

Metropolitan Series Fund

Russell 2000® Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares/
Principal
Amount*
    Value  

Wireless Telecommunication Services—(Continued)

  

USA Mobility, Inc.

    11,723      $ 165,998   
   

 

 

 
      1,574,341   
   

 

 

 

Total Common Stocks
(Cost $565,072,516)

      771,965,577   
   

 

 

 
Investment Company Security—3.8%   

Exchange-Traded Fund—3.8%

  

iShares Russell 2000 Index Fund (b)
(Cost $29,231,231)

    297,700        31,740,774   
   

 

 

 
Warrants—0.0%   

Oil, Gas & Consumable Fuels—0.0%

  

Magnum Hunter Resources Corp.,
Strike Price $ 10.50,
Expires 10/14/13 (a) (b) (d)

    391        3   
   

 

 

 

Real Estate Management & Development—0.0%

  

Tejon Ranch Co.,
Strike Price $ 40.00,
Expires 08/31/16 (a)

    1,117        3,083   
   

 

 

 

Total Warrants
(Cost $7,384)

      3,086   
   

 

 

 
Short-Term Investments—31.0%   

Discount Notes—2.0%

  

Federal Home Loan Bank

   

0.015%, 01/22/14 (e)

    475,000        474,978   

0.070%, 01/22/14 (e)

    450,000        449,901   

Federal Home Loan Mortgage Corp.

   

0.044%, 10/28/13 (e)

    275,000        274,991   

0.053%, 10/28/13 (e)

    175,000        174,993   

0.069%, 10/28/13 (e)

    500,000        499,974   

0.090%, 10/28/13 (e)

    650,000        649,956   

0.090%, 11/12/13 (e)

    3,100,000        3,099,675   

0.096%, 10/28/13 (e)

    725,000        724,948   

Federal National Mortgage Association

   

0.040%, 01/22/14 (e)

    4,450,000        4,449,441   

0.060%, 10/09/13 (e)

    2,775,000        2,774,963   

0.066%, 10/02/13 (e)

    2,175,000        2,174,996   

0.090%, 01/15/14 (e)

    550,000        549,854   
   

 

 

 
      16,298,670   
   

 

 

 

Mutual Fund—28.5%

  

State Street Navigator Securities Lending MET Portfolio (f)

    235,475,384      235,475,384   
   

 

 

 

U.S. Treasury—0.5%

  

U.S. Treasury Bills

   

0.007%, 10/10/13 (e)

    4,050,000        4,049,993   

0.032%, 10/10/13 (e)

    125,000        124,999   
   

 

 

 
      4,174,992   
   

 

 

 

Total Short-Term Investments
(Cost $255,949,046)

      255,949,046   
   

 

 

 

Total Investments—128.4%
(Cost $850,260,177) (g)

      1,059,658,483   

Other assets and liabilities (net)—(28.4)%

      (234,628,142
   

 

 

 
Net Assets—100.0%     $ 825,030,341   
   

 

 

 

 

* Principal amount stated in U.S. dollars unless otherwise noted.
(a) Non-income producing security.
(b) All or a portion of the security was held on loan. As of September 30, 2013, the market value of securities loaned was $229,849,612 and the collateral received consisted of cash in the amount of $235,475,384 and non-cash collateral with a value of $1,596,090. The cash collateral is invested in a money market fund managed by an affiliate of the custodian. The non-cash collateral received consists primarily of government securities and bank letters of credit, and is held for the benefit of the Portfolio at the Portfolio’s custodian. The Portfolio cannot repledge or resell this collateral.
(c) All or a portion of the security was pledged as collateral against open futures contracts. As of September 30, 2013, the market value of securities pledged was $3,336,279.
(d) Illiquid security. As of September 30, 2013, these securities represent 0.0% of net assets.
(e) The rate shown represents the discount rate at the time of purchase by the Portfolio.
(f) Represents investment of cash collateral received from securities lending transactions.
(g) As of September 30, 2013, the aggregate cost of investments was $850,260,177. The aggregate unrealized appreciation and depreciation of investments were $254,943,049 and $(45,544,743), respectively, resulting in net unrealized appreciation of $209,398,306.

Futures Contracts

 

Futures Contracts—Long

   Expiration
Date
     Number of
Contracts
     Notional
Amount
     Unrealized
Appreciation
 

Russell 2000 Mini Index Futures

     12/20/13         197         USD    20,491,302       $ 615,278   
           

 

 

 

 

(USD)— United States Dollar

 

MSF-190


Table of Contents

Metropolitan Series Fund

Russell 2000® Index Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

Fair Value Hierarchy

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to the Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1      Level 2     Level 3      Total  

Total Common Stocks*

   $ 771,965,577       $ —        $ —         $ 771,965,577   

Total Investment Company Security*

     31,740,774         —          —           31,740,774   

Total Warrants*

     3,086         —          —           3,086   
Short-Term Investments           

Discount Notes

     —           16,298,670        —           16,298,670   

Mutual Fund

     235,475,384         —          —           235,475,384   

U.S. Treasury

     —           4,174,992        —           4,174,992   

Total Short-Term Investments

     235,475,384         20,473,662        —           255,949,046   

Total Investments

   $ 1,039,184,821       $ 20,473,662      $ —         $ 1,059,658,483   
                                    

Collateral for securities loaned (Liability)

   $ —         $ (235,475,384   $ —         $ (235,475,384
Futures Contracts           

Futures Contracts (Unrealized Appreciation)

   $ 615,278       $ —        $ —         $ 615,278   

 

* See Schedule of Investments for additional detailed categorizations.

 

MSF-191


Table of Contents

Metropolitan Series Fund

T. Rowe Price Large Cap Growth Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—99.3% of Net Assets

 

Security Description   Shares     Value  

Aerospace & Defense—3.2%

  

Boeing Co. (The)

    216,100      $ 25,391,750   

Precision Castparts Corp.

    207,280        47,102,307   
   

 

 

 
      72,494,057   
   

 

 

 

Air Freight & Logistics—0.7%

  

United Parcel Service, Inc. - Class B

    170,800        15,605,996   
   

 

 

 

Airlines—0.8%

  

Delta Air Lines, Inc.

    300,300        7,084,077   

United Continental Holdings, Inc. (a)

    323,200        9,925,472   
   

 

 

 
      17,009,549   
   

 

 

 

Automobiles—1.4%

  

Harley-Davidson, Inc.

    121,300        7,792,312   

Tesla Motors, Inc. (a) (b)

    126,590        24,485,038   
   

 

 

 
      32,277,350   
   

 

 

 

Beverages—1.3%

  

Anheuser-Busch InBev NV

    63,417        6,303,195   

Monster Beverage Corp. (a)

    130,000        6,792,500   

PepsiCo, Inc.

    138,300        10,994,850   

Pernod-Ricard S.A.

    43,492        5,403,775   
   

 

 

 
      29,494,320   
   

 

 

 

Biotechnology—7.5%

  

Alexion Pharmaceuticals, Inc. (a)

    115,640        13,432,742   

Biogen Idec, Inc. (a)

    161,890        38,976,636   

Celgene Corp. (a)

    164,617        25,339,495   

Gilead Sciences, Inc. (a)

    934,900        58,749,116   

Pharmacyclics, Inc. (a)

    93,800        12,983,796   

Regeneron Pharmaceuticals, Inc. (a)

    40,650        12,718,166   

Vertex Pharmaceuticals, Inc. (a)

    107,300        8,135,486   
   

 

 

 
      170,335,437   
   

 

 

 

Capital Markets—1.9%

  

Affiliated Managers Group, Inc. (a)

    41,800        7,634,352   

Franklin Resources, Inc.

    240,800        12,172,440   

Invesco, Ltd.

    536,900        17,127,110   

TD Ameritrade Holding Corp.

    248,500        6,505,730   
   

 

 

 
      43,439,632   
   

 

 

 

Chemicals—3.4%

  

Ecolab, Inc.

    257,400        25,420,824   

FMC Corp.

    118,600        8,505,992   

Praxair, Inc.

    159,850        19,215,568   

Sherwin-Williams Co. (The)

    128,820        23,468,428   
   

 

 

 
      76,610,812   
   

 

 

 

Communications Equipment—1.7%

  

Juniper Networks, Inc. (a)

    424,800        8,436,528   

QUALCOMM, Inc.

    433,200        29,180,352   
   

 

 

 
      37,616,880   
   

 

 

 

Computers & Peripherals—2.6%

  

Apple, Inc.

    125,020      59,603,285   
   

 

 

 

Construction Materials—0.2%

  

Martin Marietta Materials, Inc. (b)

    54,800        5,379,716   
   

 

 

 

Consumer Finance—1.0%

  

American Express Co.

    300,000        22,656,000   
   

 

 

 

Diversified Financial Services—0.4%

  

IntercontinentalExchange, Inc. (a) (b)

    42,520        7,713,978   
   

 

 

 

Electrical Equipment—1.0%

  

Roper Industries, Inc.

    176,940        23,510,018   
   

 

 

 

Energy Equipment & Services—1.1%

  

FMC Technologies, Inc. (a)

    207,400        11,494,108   

Schlumberger, Ltd.

    143,300        12,661,988   
   

 

 

 
      24,156,096   
   

 

 

 

Food & Staples Retailing—2.6%

  

Costco Wholesale Corp.

    140,300        16,151,336   

CVS Caremark Corp.

    364,600        20,691,050   

Whole Foods Market, Inc.

    388,900        22,750,650   
   

 

 

 
      59,593,036   
   

 

 

 

Food Products—0.8%

  

Green Mountain Coffee Roasters, Inc. (a) (b)

    148,800        11,209,104   

Nestle S.A.

    108,729        7,615,610   
   

 

 

 
      18,824,714   
   

 

 

 

Health Care Equipment & Supplies—0.8%

  

IDEXX Laboratories, Inc. (a) (b)

    105,700        10,533,005   

Stryker Corp.

    105,700        7,144,263   
   

 

 

 
      17,677,268   
   

 

 

 

Health Care Providers & Services—1.7%

  

McKesson Corp.

    223,100        28,623,730   

UnitedHealth Group, Inc.

    134,200        9,610,062   
   

 

 

 
      38,233,792   
   

 

 

 

Hotels, Restaurants & Leisure—6.0%

  

Carnival plc

    242,952        8,232,578   

Chipotle Mexican Grill, Inc. (a)

    53,900        23,106,930   

Las Vegas Sands Corp.

    398,000        26,435,160   

Marriott International, Inc. - Class A

    164,360        6,912,982   

MGM Resorts International (a)

    606,100        12,388,684   

Starbucks Corp.

    564,700        43,464,959   

Starwood Hotels & Resorts Worldwide, Inc.

    225,200        14,964,540   

Wynn Macau, Ltd.

    476,800        1,629,574   
   

 

 

 
      137,135,407   
   

 

 

 

Household Durables—0.7%

  

DR Horton, Inc. (b)

    423,700        8,232,491   

Lennar Corp. - Class A (b)

    241,400        8,545,560   
   

 

 

 
      16,778,051   
   

 

 

 

 

MSF-192


Table of Contents

Metropolitan Series Fund

T. Rowe Price Large Cap Growth Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Household Products—0.4%

  

Procter & Gamble Co. (The)

    111,400      $ 8,420,726   
   

 

 

 

Industrial Conglomerates—2.2%

  

Danaher Corp.

    733,900        50,873,948   
   

 

 

 

Internet & Catalog Retail—9.8%

  

Amazon.com, Inc. (a)

    338,805        105,923,995   

Ctrip.com International, Ltd. (ADR) (a)

    263,400        15,390,462   

Netflix, Inc. (a)

    71,700        22,170,357   

priceline.com, Inc. (a)

    65,440        66,156,568   

TripAdvisor, Inc. (a) (b)

    176,000        13,347,840   
   

 

 

 
      222,989,222   
   

 

 

 

Internet Software & Services—11.5%

  

Akamai Technologies, Inc. (a)

    173,000        8,944,100   

Baidu, Inc. (ADR) (a)

    133,990        20,792,568   

eBay, Inc. (a)

    867,600        48,403,404   

Facebook, Inc. - Class A (a)

    238,400        11,977,216   

Google, Inc. - Class A (a)

    140,270        122,863,896   

LinkedIn Corp. - Class A (a)

    111,620        27,465,217   

NAVER Corp.

    15,740        8,165,227   

Rackspace Hosting, Inc. (a) (b)

    85,300        4,500,428   

Tencent Holdings, Ltd.

    130,277        6,843,056   

Twitter, Inc. (a) (c) (d)

    53,577        1,304,600   
   

 

 

 
      261,259,712   
   

 

 

 

IT Services—6.9%

  

Alliance Data Systems Corp. (a) (b)

    37,170        7,860,340   

Cognizant Technology Solutions Corp. -
Class A (a)

    214,800        17,639,376   

Fiserv, Inc. (a)

    86,000        8,690,300   

Mastercard, Inc. - Class A

    92,000        61,895,760   

Visa, Inc. - Class A

    322,330        61,597,263   
   

 

 

 
      157,683,039   
   

 

 

 

Machinery—0.3%

  

Flowserve Corp.

    110,100        6,869,139   
   

 

 

 

Media—2.1%

  

Charter Communications, Inc. - Class A (a)

    52,900        7,128,804   

Discovery Communications, Inc. - Class C (a)

    139,600        10,905,552   

Twenty-First Century Fox, Inc.

    445,000        14,907,500   

Walt Disney Co. (The)

    211,046        13,610,356   
   

 

 

 
      46,552,212   
   

 

 

 

Multiline Retail—0.3%

  

Dollar Tree, Inc. (a)

    118,300        6,762,028   
   

 

 

 

Oil, Gas & Consumable Fuels—3.9%

  

Cabot Oil & Gas Corp.

    306,200        11,427,384   

Concho Resources, Inc. (a)

    104,100        11,327,121   

EOG Resources, Inc.

    67,570        11,438,250   

EQT Corp.

    121,800        10,806,096   

Pioneer Natural Resources Co. (b)

    133,960        25,291,648   

Oil, Gas & Consumable Fuels—(Continued)

  

Range Resources Corp.

    242,000      18,365,380   
   

 

 

 
      88,655,879   
   

 

 

 

Pharmaceuticals—1.3%

  

Novo Nordisk A/S - Class B

    57,357        9,723,620   

Valeant Pharmaceuticals International, Inc. (a)

    198,300        20,688,639   
   

 

 

 
      30,412,259   
   

 

 

 

Real Estate Investment Trusts—1.9%

  

American Tower Corp.

    590,000        43,736,700   
   

 

 

 

Road & Rail—2.1%

  

J.B. Hunt Transport Services, Inc.

    107,800        7,861,854   

Kansas City Southern

    232,400        25,415,264   

Union Pacific Corp.

    89,390        13,885,843   
   

 

 

 
      47,162,961   
   

 

 

 

Software—3.3%

  

Concur Technologies, Inc. (a) (b)

    71,400        7,889,700   

NetSuite, Inc. (a) (b)

    63,600        6,864,984   

Red Hat, Inc. (a)

    263,200        12,144,048   

Salesforce.com, Inc. (a)

    527,960        27,406,404   

ServiceNow, Inc. (a) (b)

    220,500        11,454,975   

Workday, Inc. - Class A (a) (b)

    100,000        8,093,000   
   

 

 

 
      73,853,111   
   

 

 

 

Specialty Retail—5.5%

  

AutoZone, Inc. (a)

    44,340        18,743,848   

CarMax, Inc. (a)

    317,800        15,403,766   

Home Depot, Inc. (The)

    584,100        44,303,985   

Lowe’s Cos., Inc.

    400,000        19,044,000   

Ross Stores, Inc.

    159,200        11,589,760   

Tractor Supply Co. (b)

    242,000        16,255,140   
   

 

 

 
      125,340,499   
   

 

 

 

Textiles, Apparel & Luxury Goods—2.1%

  

Lululemon Athletica, Inc. (a) (b)

    185,800        13,580,122   

NIKE, Inc. - Class B

    183,000        13,293,120   

Prada S.p.A.

    833,600        7,868,118   

Under Armour, Inc. - Class A (a) (b)

    172,000        13,665,400   
   

 

 

 
      48,406,760   
   

 

 

 

Trading Companies & Distributors—1.5%

  

Fastenal Co.

    535,600        26,913,900   

WW Grainger, Inc.

    23,000        6,019,330   
   

 

 

 
      32,933,230   
   

 

 

 

Wireless Telecommunication Services—3.4%

  

Crown Castle International Corp. (a)

    793,478        57,947,698   

SBA Communications Corp. - Class A (a)

    121,600        9,783,936   

 

MSF-193


Table of Contents

Metropolitan Series Fund

T. Rowe Price Large Cap Growth Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Wireless Telecommunication Services—(Continued)

  

SoftBank Corp.

    134,700      $ 9,361,294   
   

 

 

 
      77,092,928   
   

 

 

 

Total Common Stocks
(Cost $1,657,362,990)

      2,255,149,747   
   

 

 

 
Convertible Preferred Stocks—0.1%   

Internet Software & Services—0.1%

   

Living Social, Inc. - Class F (a) (c) (d)

    101,591        113,782   

Twitter, Inc. - Series A (a) (c) (d)

    139        3,385   

Twitter, Inc. - Series B (a) (c) (d)

    2,171        52,864   

Twitter, Inc. - Series C (a) (c) (d)

    558        13,587   

Twitter, Inc. - Series D (a) (c) (d)

    20,565        500,758   

Twitter, Inc. - Series G2 (a) (c) (d)

    85,204        2,074,717   
   

 

 

 

Total Convertible Preferred Stocks
(Cost $2,529,598)

      2,759,093   
   

 

 

 
Short-Term Investments—7.9%   

Mutual Funds—7.9%

   

State Street Navigator Securities Lending MET Portfolio (e)

    169,880,410        169,880,410   

T. Rowe Price Government Reserve Investment Fund (f)

    9,935,479        9,935,479   
   

 

 

 

Total Short-Term Investments
(Cost $179,815,889)

      179,815,889   
   

 

 

 

Total Investments—107.3%
(Cost $1,839,708,477) (g)

      2,437,724,729   

Other assets and liabilities (net)—(7.3)%

      (165,450,628
   

 

 

 
Net Assets—100.0%     $ 2,272,274,101   
   

 

 

 

 

(a) Non-income producing security.
(b) All or a portion of the security was held on loan. As of September 30, 2013, the market value of securities loaned was $159,473,401 and the collateral received consisted of cash in the amount of $169,880,410. The cash collateral is invested in a money market fund managed by an affiliate of the custodian.
(c) Restricted securities are not registered under the Securities Act of 1933 and are subject to legal restrictions on resale. These securities generally may be resold in transactions exempt from registration or to the public if the securities are subsequently registered. Disposal of these securities may involve time-consuming negotiations and prompt sale at an acceptable price may be difficult. As of September 30, 2013, the market value of restricted securities was $4,063,693, which is 0.2% of net assets. See details shown in the Restricted Securities table that follows.
(d) Security was valued in good faith under procedures approved by the Board of Trustees. As of September 30, 2013, these securities represent 0.2% of net assets.
(e) Represents investment of cash collateral received from securities lending transactions.
(f) Affiliated Issuer.
(g) As of September 30, 2013, the aggregate cost of investments was $1,839,708,477. The aggregate unrealized appreciation and depreciation of investments were $605,902,077 and $(7,885,825), respectively, resulting in net unrealized appreciation of $598,016,252.
(ADR)— An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. Trading on exchanges not located in the United States or Canada significantly influences the value of ADRs.

Restricted Securities

   Acquisition
Date
     Shares      Cost      Value  

Living Social, Inc. - Class F

     11/18/11         101,591       $ 781,235       $ 113,782   

Twitter, Inc.

     09/13/11         53,577         862,247         1,304,600   

Twitter, Inc. - Series A

     09/13/11         139         2,237         3,385   

Twitter, Inc. - Series B

     09/13/11         2,171         34,939         52,864   

Twitter, Inc. - Series C

     09/13/11         558         8,980         13,587   

Twitter, Inc. - Series D

     09/13/11         20,565         330,965         500,758   

Twitter, Inc. - Series G2

     07/28/11         85,204         1,371,242         2,074,717   

 

MSF-194


Table of Contents

Metropolitan Series Fund

T. Rowe Price Large Cap Growth Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

Fair Value Hierarchy

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to the Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1      Level 2      Level 3      Total  
Common Stocks            

Aerospace & Defense

   $ 72,494,057       $ —         $ —         $ 72,494,057   

Air Freight & Logistics

     15,605,996         —           —           15,605,996   

Airlines

     17,009,549         —           —           17,009,549   

Automobiles

     32,277,350         —           —           32,277,350   

Beverages

     17,787,350         11,706,970         —           29,494,320   

Biotechnology

     170,335,437         —           —           170,335,437   

Capital Markets

     43,439,632         —           —           43,439,632   

Chemicals

     76,610,812         —           —           76,610,812   

Communications Equipment

     37,616,880         —           —           37,616,880   

Computers & Peripherals

     59,603,285         —           —           59,603,285   

Construction Materials

     5,379,716         —           —           5,379,716   

Consumer Finance

     22,656,000         —           —           22,656,000   

Diversified Financial Services

     7,713,978         —           —           7,713,978   

Electrical Equipment

     23,510,018         —           —           23,510,018   

Energy Equipment & Services

     24,156,096         —           —           24,156,096   

Food & Staples Retailing

     59,593,036         —           —           59,593,036   

Food Products

     11,209,104         7,615,610         —           18,824,714   

Health Care Equipment & Supplies

     17,677,268         —           —           17,677,268   

Health Care Providers & Services

     38,233,792         —           —           38,233,792   

Hotels, Restaurants & Leisure

     127,273,255         9,862,152         —           137,135,407   

Household Durables

     16,778,051         —           —           16,778,051   

Household Products

     8,420,726         —           —           8,420,726   

Industrial Conglomerates

     50,873,948         —           —           50,873,948   

Internet & Catalog Retail

     222,989,222         —           —           222,989,222   

Internet Software & Services

     244,946,829         15,008,283         1,304,600         261,259,712   

IT Services

     157,683,039         —           —           157,683,039   

Machinery

     6,869,139         —           —           6,869,139   

Media

     46,552,212         —           —           46,552,212   

Multiline Retail

     6,762,028         —           —           6,762,028   

Oil, Gas & Consumable Fuels

     88,655,879         —           —           88,655,879   

Pharmaceuticals

     20,688,639         9,723,620         —           30,412,259   

Real Estate Investment Trusts

     43,736,700         —           —           43,736,700   

Road & Rail

     47,162,961         —           —           47,162,961   

Software

     73,853,111         —           —           73,853,111   

Specialty Retail

     125,340,499         —           —           125,340,499   

Textiles, Apparel & Luxury Goods

     40,538,642         7,868,118         —           48,406,760   

Trading Companies & Distributors

     32,933,230         —           —           32,933,230   

 

MSF-195


Table of Contents

Metropolitan Series Fund

T. Rowe Price Large Cap Growth Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Fair Value Hierarchy—(Continued)

 

Description    Level 1      Level 2     Level 3      Total  

Wireless Telecommunication Services

   $ 67,731,634       $ 9,361,294      $ —         $ 77,092,928   

Total Common Stocks

     2,182,699,100         71,146,047        1,304,600         2,255,149,747   

Total Convertible Preferred Stocks*

     —           —          2,759,093         2,759,093   

Total Short-Term Investments*

     179,815,889         —          —           179,815,889   

Total Investments

   $ 2,362,514,989       $ 71,146,047      $ 4,063,693       $ 2,437,724,729   
                                    

Collateral for securities loaned (Liability)

   $ —         $ (169,880,410   $ —         $ (169,880,410

 

* See Schedule of Investments for additional detailed categorizations.

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:

 

Investments in Securities    Balance as of
December 31, 2012
     Change in
Unrealized
Appreciation
     Balance as of
September 30, 2013
     Change in Unrealized
Appreciation from investments
still held at September 30, 2013
 
Common Stocks            

Internet Software & Services

   $ 682,571       $ 622,029       $ 1,304,600       $ 622,029   
Convertible Preferred Stocks            

Internet Software & Services

     1,564,867         1,194,226         2,759,093         1,194,226   

Total

   $ 2,247,438       $ 1,816,255       $ 4,063,693       $ 1,816,255   
                                     

 

MSF-196


Table of Contents

Metropolitan Series Fund

T. Rowe Price Small Cap Growth Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—99.8% of Net Assets

 

Security Description   Shares     Value  

Aerospace & Defense—2.6%

  

Esterline Technologies Corp. (a)

    40,200      $ 3,211,578   

GenCorp, Inc. (a) (b)

    127,800        2,048,634   

HEICO Corp. - Class A

    89,985        4,511,848   

Hexcel Corp. (a)

    94,200        3,654,960   

Teledyne Technologies, Inc. (a)

    58,500        4,968,405   

TransDigm Group, Inc.

    32,200        4,466,140   

Triumph Group, Inc.

    53,600        3,763,792   
   

 

 

 
      26,625,357   
   

 

 

 

Air Freight & Logistics—0.1%

  

HUB Group, Inc. - Class A (a)

    35,400        1,388,742   
   

 

 

 

Airlines—0.2%

  

Allegiant Travel Co.

    19,400        2,043,984   
   

 

 

 

Auto Components—0.7%

  

Dana Holding Corp. (b)

    101,400        2,315,976   

Tenneco, Inc. (a)

    73,100        3,691,550   

TRW Automotive Holdings Corp. (a)

    23,000        1,640,130   
   

 

 

 
      7,647,656   
   

 

 

 

Beverages—1.0%

  

Boston Beer Co., Inc. (The) - Class A (a) (b)

    40,882        9,983,793   
   

 

 

 

Biotechnology—8.7%

  

Acorda Therapeutics, Inc. (a)

    42,600        1,460,328   

Aegerion Pharmaceuticals, Inc. (a) (b)

    31,100        2,665,581   

Alkermes plc (a)

    144,900        4,871,538   

Alnylam Pharmaceuticals, Inc. (a) (b)

    57,800        3,699,778   

AMAG Pharmaceuticals, Inc. (a) (b)

    35,100        753,948   

Ariad Pharmaceuticals, Inc. (a) (b)

    130,700        2,404,880   

BioMarin Pharmaceutical, Inc. (a)

    83,200        6,008,704   

Cepheid, Inc. (a) (b)

    79,300        3,095,872   

Cubist Pharmaceuticals, Inc. (a)

    98,300        6,246,965   

Exelixis, Inc. (a) (b)

    235,600        1,371,192   

Idenix Pharmaceuticals, Inc. (a) (b)

    120,300        626,763   

Incyte Corp., Ltd. (a) (b)

    207,600        7,919,940   

Infinity Pharmaceuticals, Inc. (a)

    47,100        821,895   

InterMune, Inc. (a) (b)

    72,400        1,112,788   

Lexicon Pharmaceuticals, Inc. (a) (b)

    113,100        268,047   

Medivation, Inc. (a)

    65,900        3,950,046   

Neurocrine Biosciences, Inc. (a) (b)

    106,400        1,204,448   

NPS Pharmaceuticals, Inc. (a) (b)

    100,500        3,196,905   

Onyx Pharmaceuticals, Inc. (a)

    52,600        6,557,642   

Pharmacyclics, Inc. (a)

    63,500        8,789,670   

Puma Biotechnology, Inc. (a)

    27,600        1,481,016   

Regeneron Pharmaceuticals, Inc. (a)

    29,100        9,104,517   

Seattle Genetics, Inc. (a) (b)

    95,600        4,190,148   

Sunesis Pharmaceuticals, Inc. (a) (b)

    71,700        355,632   

Theravance, Inc. (a) (b)

    80,100        3,275,289   

United Therapeutics Corp. (a)

    54,100        4,265,785   
   

 

 

 
      89,699,317   
   

 

 

 

Capital Markets—1.7%

  

Affiliated Managers Group, Inc. (a)

    28,749        5,250,717   

E*Trade Financial Corp. (a)

    196,160        3,236,640   

Capital Markets—(Continued)

  

Virtus Investment Partners, Inc. (a)

    19,800      3,220,272   

Waddell & Reed Financial, Inc. - Class A

    105,900        5,451,732   
   

 

 

 
      17,159,361   
   

 

 

 

Chemicals—2.2%

  

Koppers Holdings, Inc.

    24,100        1,027,865   

NewMarket Corp. (b)

    19,600        5,643,036   

Rockwood Holdings, Inc.

    85,100        5,693,190   

Stepan Co.

    66,700        3,850,591   

WR Grace & Co. (a)

    77,700        6,790,980   
   

 

 

 
      23,005,662   
   

 

 

 

Commercial Banks—1.2%

  

Signature Bank (a)

    54,500        4,987,840   

SVB Financial Group (a)

    40,600        3,506,622   

Texas Capital Bancshares, Inc. (a)

    77,800        3,576,466   
   

 

 

 
      12,070,928   
   

 

 

 

Commercial Services & Supplies—1.9%

  

Brink’s Co. (The)

    7,591        214,825   

Clean Harbors, Inc. (a) (b)

    60,800        3,566,528   

Healthcare Services Group, Inc. (b)

    111,300        2,867,088   

Rollins, Inc.

    110,850        2,938,634   

Team, Inc. (a)

    58,900        2,341,275   

U.S. Ecology, Inc.

    63,900        1,925,307   

Waste Connections, Inc. (b)

    122,900        5,580,889   
   

 

 

 
      19,434,546   
   

 

 

 

Communications Equipment—1.4%

  

ADTRAN, Inc. (b)

    109,900        2,927,736   

Aruba Networks, Inc. (a)

    161,600        2,689,024   

JDS Uniphase Corp. (a)

    211,200        3,106,752   

Plantronics, Inc.

    85,800        3,951,090   

Polycom, Inc. (a)

    103,286        1,127,883   

Riverbed Technology, Inc. (a)

    51,967        758,199   
   

 

 

 
      14,560,684   
   

 

 

 

Computers & Peripherals—1.0%

  

3D Systems Corp. (a) (b)

    149,300        8,060,707   

Stratasys, Ltd. (a) (b)

    21,000        2,126,460   
   

 

 

 
      10,187,167   
   

 

 

 

Consumer Finance—1.0%

  

Portfolio Recovery Associates, Inc. (a)

    118,200        7,084,908   

World Acceptance Corp. (a) (b)

    41,000        3,686,720   
   

 

 

 
      10,771,628   
   

 

 

 

Containers & Packaging—0.4%

  

Graphic Packaging Holding Co. (a)

    182,300        1,560,488   

Rock-Tenn Co. - Class A

    23,000        2,329,210   
   

 

 

 
      3,889,698   
   

 

 

 

 

MSF-197


Table of Contents

Metropolitan Series Fund

T. Rowe Price Small Cap Growth Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Distributors—0.9%

  

LKQ Corp. (a)

    113,400      $ 3,612,924   

Pool Corp.

    95,300        5,349,189   
   

 

 

 
      8,962,113   
   

 

 

 

Diversified Consumer Services—0.9%

  

American Public Education, Inc. (a) (b)

    50,100        1,893,780   

Ascent Capital Group, Inc. - Class A (a)

    43,700        3,523,094   

Sotheby’s

    61,000        2,996,930   

Steiner Leisure, Ltd. (a)

    19,700        1,151,071   
   

 

 

 
      9,564,875   
   

 

 

 

Diversified Financial Services—0.6%

  

CBOE Holdings, Inc.

    89,900        4,066,177   

MSCI, Inc. (a)

    18,278        735,872   

NewStar Financial, Inc. (a) (b)

    98,791        1,804,912   
   

 

 

 
      6,606,961   
   

 

 

 

Diversified Telecommunication Services—0.6%

  

Premiere Global Services, Inc. (a) (b)

    70,800        705,168   

tw telecom, Inc. (a)

    192,500        5,749,013   
   

 

 

 
      6,454,181   
   

 

 

 

Electrical Equipment—1.2%

  

Acuity Brands, Inc. (b)

    69,000        6,349,380   

Generac Holdings, Inc.

    93,800        3,999,632   

II-VI, Inc. (a)

    82,500        1,552,650   
   

 

 

 
      11,901,662   
   

 

 

 

Electronic Equipment, Instruments & Components—1.7%

  

Anixter International, Inc. (a)

    68,700        6,022,242   

Coherent, Inc.

    64,200        3,945,090   

FEI Co.

    61,700        5,417,260   

Itron, Inc. (a) (b)

    26,900        1,152,127   

RealD, Inc. (a) (b)

    36,300        254,100   

Trimble Navigation, Ltd. (a)

    34,500        1,024,995   
   

 

 

 
      17,815,814   
   

 

 

 

Energy Equipment & Services—2.4%

  

Atwood Oceanics, Inc. (a)

    61,900        3,406,976   

Core Laboratories NV

    25,500        4,314,855   

Dawson Geophysical Co. (a) (b)

    7,891        256,221   

Dril-Quip, Inc. (a)

    44,600        5,117,850   

Gulf Island Fabrication, Inc. (b)

    14,200        348,042   

ION Geophysical Corp. (a) (b)

    38,192        198,598   

Oceaneering International, Inc.

    52,100        4,232,604   

Oil States International, Inc. (a)

    44,800        4,635,008   

Superior Energy Services, Inc. (a)

    37,519        939,476   

Tesco Corp. (a)

    41,400        685,998   

Unit Corp. (a)

    19,800        920,502   
   

 

 

 
      25,056,130   
   

 

 

 

Food & Staples Retailing—0.5%

  

Susser Holdings Corp. (a) (b)

    91,900        4,884,485   
   

 

 

 

Food Products—1.3%

  

Dean Foods Co. (a)

    99,900      1,928,070   

J&J Snack Foods Corp.

    67,900        5,480,888   

TreeHouse Foods, Inc. (a)

    93,900        6,275,337   
   

 

 

 
      13,684,295   
   

 

 

 

Health Care Equipment & Supplies—3.4%

  

Align Technology, Inc. (a)

    74,800        3,599,376   

ArthroCare Corp. (a)

    65,900        2,344,722   

Cooper Cos., Inc. (The)

    39,000        5,057,910   

Edwards Lifesciences Corp. (a)

    7,800        543,114   

HeartWare International, Inc. (a) (b)

    17,400        1,273,854   

ICU Medical, Inc. (a)

    28,500        1,936,005   

IDEXX Laboratories, Inc. (a) (b)

    44,300        4,414,495   

Masimo Corp. (b)

    47,000        1,252,080   

Meridian Bioscience, Inc. (b)

    35,600        841,940   

Orthofix International NV (a)

    50,400        1,051,344   

Sirona Dental Systems, Inc. (a)

    86,700        5,802,831   

Thoratec Corp. (a)

    54,200        2,021,118   

Volcano Corp. (a)

    69,600        1,664,832   

West Pharmaceutical Services, Inc.

    75,400        3,102,710   
   

 

 

 
      34,906,331   
   

 

 

 

Health Care Providers & Services—3.5%

  

Air Methods Corp. (b)

    116,900        4,979,940   

Bio-Reference Labs, Inc. (a) (b)

    58,400        1,744,992   

Centene Corp. (a)

    62,200        3,978,312   

Chemed Corp. (b)

    24,600        1,758,900   

Corvel Corp. (a) (b)

    71,300        2,635,961   

HealthSouth Corp.

    101,900        3,513,512   

MEDNAX, Inc. (a)

    45,300        4,548,120   

MWI Veterinary Supply, Inc. (a)

    31,900        4,764,584   

Team Health Holdings, Inc. (a)

    119,000        4,514,860   

WellCare Health Plans, Inc. (a)

    48,100        3,354,494   
   

 

 

 
      35,793,675   
   

 

 

 

Health Care Technology—0.2%

  

HMS Holdings Corp. (a) (b)

    118,800        2,555,388   
   

 

 

 

Hotels, Restaurants & Leisure—3.5%

  

Bally Technologies, Inc. (a) (b)

    43,000        3,098,580   

Cheesecake Factory, Inc. (The) (b)

    59,200        2,601,840   

Choice Hotels International, Inc. (b)

    80,800        3,489,752   

Denny’s Corp. (a)

    580,400        3,552,048   

Domino’s Pizza, Inc.

    69,200        4,702,140   

Panera Bread Co. - Class A (a)

    25,700        4,074,221   

Red Robin Gourmet Burgers, Inc. (a)

    57,300        4,074,030   

Six Flags Entertainment Corp.

    162,500        5,490,875   

Vail Resorts, Inc.

    64,100        4,447,258   
   

 

 

 
      35,530,744   
   

 

 

 

Household Durables—1.0%

  

Helen of Troy, Ltd. (a)

    65,600        2,899,520   

iRobot Corp. (a) (b)

    70,200        2,644,434   

NACCO Industries, Inc. - Class A

    12,697        703,668   

 

MSF-198


Table of Contents

Metropolitan Series Fund

T. Rowe Price Small Cap Growth Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Household Durables—(Continued)

  

Tempur Sealy International, Inc. (a) (b)

    80,300      $ 3,529,988   
   

 

 

 
      9,777,610   
   

 

 

 

Insurance—0.3%

  

Amtrust Financial Services, Inc. (b)

    80,378        3,139,565   
   

 

 

 

Internet & Catalog Retail—1.6%

  

HSN, Inc.

    120,800        6,477,296   

Liberty Ventures - Series A (a)

    52,300        4,611,291   

Shutterfly, Inc. (a)

    87,000        4,861,560   
   

 

 

 
      15,950,147   
   

 

 

 

Internet Software & Services—2.4%

  

Cornerstone OnDemand, Inc. (a)

    103,700        5,334,328   

CoStar Group, Inc. (a)

    21,600        3,626,640   

j2 Global, Inc. (b)

    67,500        3,342,600   

MercadoLibre, Inc. (b)

    44,700        6,030,477   

Perficient, Inc. (a)

    77,300        1,419,228   

ValueClick, Inc. (a) (b)

    120,300        2,508,255   

WebMD Health Corp. (a) (b)

    89,700        2,565,420   
   

 

 

 
      24,826,948   
   

 

 

 

IT Services—4.9%

  

Cardtronics, Inc. (a)

    138,500        5,138,350   

CoreLogic, Inc. (a)

    165,700        4,482,185   

Euronet Worldwide, Inc. (a)

    71,100        2,829,780   

Gartner, Inc. (a)

    128,100        7,686,000   

Genpact, Ltd. (a)

    51,500        972,320   

Heartland Payment Systems, Inc. (b)

    138,460        5,499,631   

Jack Henry & Associates, Inc.

    89,300        4,608,773   

MAXIMUS, Inc.

    229,100        10,318,664   

TeleTech Holdings, Inc. (a) (b)

    46,400        1,164,176   

Unisys Corp. (a) (b)

    75,209        1,894,515   

VeriFone Systems, Inc. (a)

    34,100        779,526   

WEX, Inc. (a)

    62,400        5,475,600   
   

 

 

 
      50,849,520   
   

 

 

 

Leisure Equipment & Products—1.5%

  

Brunswick Corp.

    138,800        5,539,508   

Polaris Industries, Inc. (b)

    76,800        9,921,024   
   

 

 

 
      15,460,532   
   

 

 

 

Life Sciences Tools & Services—1.3%

  

Bio-Rad Laboratories, Inc. - Class A (a)

    19,400        2,280,664   

Bruker Corp. (a)

    104,800        2,164,120   

Illumina, Inc. (a) (b)

    23,700        1,915,671   

Mettler-Toledo International, Inc. (a)

    10,000        2,400,900   

PAREXEL International Corp. (a)

    86,300        4,334,849   
   

 

 

 
      13,096,204   
   

 

 

 

Machinery—7.1%

  

Actuant Corp. - Class A (b)

    122,900        4,773,436   

Chart Industries, Inc. (a) (b)

    36,300        4,466,352   

Graco, Inc.

    62,000        4,591,720   

Machinery—(Continued)

  

Hyster-Yale Materials Handling, Inc.

    34,894      3,128,945   

IDEX Corp.

    56,800        3,706,200   

John Bean Technologies Corp.

    79,800        1,985,424   

Lincoln Electric Holdings, Inc.

    99,400        6,622,028   

Middleby Corp. (The) (a)

    48,700        10,173,917   

Nordson Corp.

    92,100        6,781,323   

Standex International Corp.

    28,700        1,704,780   

Sun Hydraulics Corp.

    51,300        1,859,625   

Toro Co. (The)

    119,900        6,516,565   

Valmont Industries, Inc.

    42,700        5,931,457   

Wabtec Corp.

    132,500        8,330,275   

Woodward, Inc.

    55,000        2,245,650   
   

 

 

 
      72,817,697   
   

 

 

 

Marine—0.7%

  

Kirby Corp. (a) (b)

    79,300        6,863,415   
   

 

 

 

Media—1.5%

  

Digital Generation, Inc. (a) (b)

    70,300        908,979   

John Wiley & Sons, Inc. - Class A (b)

    22,800        1,087,332   

Live Nation Entertainment, Inc. (a)

    228,700        4,242,385   

Madison Square Garden Co. (The) - Class A (a)

    123,300        7,160,031   

Starz - Class A (a)

    85,300        2,399,489   
   

 

 

 
      15,798,216   
   

 

 

 

Metals & Mining—0.3%

  

Compass Minerals International, Inc.

    26,600        2,028,782   

Stillwater Mining Co. (a)

    105,900        1,165,959   
   

 

 

 
      3,194,741   
   

 

 

 

Multiline Retail—0.2%

  

Big Lots, Inc. (a)

    58,900        2,184,601   
   

 

 

 

Oil, Gas & Consumable Fuels—2.9%

  

Bill Barrett Corp. (a) (b)

    45,400        1,139,994   

Clayton Williams Energy, Inc. (a) (b)

    42,300        2,219,481   

Contango Oil & Gas Co.

    71,400        2,623,950   

Delek U.S. Holdings, Inc.

    50,000        1,054,500   

Energy XXI Bermuda, Ltd.

    78,100        2,358,620   

Gran Tierra Energy, Inc. (a)

    297,700        2,110,693   

Halcon Resources Corp. (a) (b)

    179,700        796,071   

Oasis Petroleum, Inc. (a)

    90,700        4,456,091   

Rosetta Resources, Inc. (a)

    83,000        4,520,180   

SemGroup Corp. - Class A

    69,600        3,968,592   

SM Energy Co.

    59,700        4,608,243   
   

 

 

 
      29,856,415   
   

 

 

 

Paper & Forest Products—0.6%

  

Clearwater Paper Corp. (a)

    27,500        1,313,675   

KapStone Paper and Packaging Corp.

    102,800        4,399,840   
   

 

 

 
      5,713,515   
   

 

 

 

Personal Products—1.5%

  

Herbalife, Ltd. (b)

    50,500        3,523,385   

 

MSF-199


Table of Contents

Metropolitan Series Fund

T. Rowe Price Small Cap Growth Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Personal Products—(Continued)

  

Nu Skin Enterprises, Inc. - Class A

    74,000      $ 7,084,760   

Prestige Brands Holdings, Inc. (a)

    152,600        4,596,312   
   

 

 

 
      15,204,457   
   

 

 

 

Pharmaceuticals—2.7%

  

Akorn, Inc. (a) (b)

    120,200        2,365,536   

Auxilium Pharmaceuticals, Inc. (a) (b)

    40,100        731,023   

AVANIR Pharmaceuticals, Inc. - Class A (a) (b)

    267,700        1,135,048   

Cadence Pharmaceuticals, Inc. (a) (b)

    57,600        363,456   

Jazz Pharmaceuticals plc (a)

    62,100        5,711,337   

Medicines Co. (The) (a)

    113,700        3,811,224   

Nektar Therapeutics (a)

    74,600        779,570   

Questcor Pharmaceuticals, Inc. (b)

    74,900        4,344,200   

Salix Pharmaceuticals, Ltd. (a)

    65,300        4,367,264   

ViroPharma, Inc. (a) (b)

    99,900        3,926,070   
   

 

 

 
      27,534,728   
   

 

 

 

Professional Services—1.2%

  

Advisory Board Co. (The) (a)

    85,600        5,091,488   

Exponent, Inc. (b)

    34,300        2,464,112   

Huron Consulting Group, Inc. (a)

    68,900        3,624,829   

RPX Corp. (a)

    58,200        1,020,246   
   

 

 

 
      12,200,675   
   

 

 

 

Real Estate Investment Trusts—0.7%

  

DuPont Fabros Technology, Inc. (b)

    42,200        1,087,494   

Sabra Health Care REIT, Inc.

    76,333        1,756,422   

Strategic Hotels & Resorts, Inc. (a)

    164,000        1,423,520   

Taubman Centers, Inc.

    36,600        2,463,546   
   

 

 

 
      6,730,982   
   

 

 

 

Real Estate Management & Development—1.7%

  

Altisource Asset Management Corp. (a)

    5,520        2,900,705   

Altisource Portfolio Solutions S.A. (a)

    51,400        7,196,514   

Altisource Residential Corp. (b)

    31,000        712,380   

Forest City Enterprises, Inc. - Class A (a)

    169,900        3,217,906   

Jones Lang LaSalle, Inc.

    20,700        1,807,110   

Kennedy-Wilson Holdings, Inc.

    92,243        1,712,030   
   

 

 

 
      17,546,645   
   

 

 

 

Road & Rail—1.7%

  

Amerco, Inc.

    19,700        3,627,361   

Avis Budget Group, Inc. (a)

    118,100        3,404,823   

Landstar System, Inc.

    59,200        3,314,016   

Old Dominion Freight Line, Inc. (a)

    155,150        7,135,349   
   

 

 

 
      17,481,549   
   

 

 

 

Semiconductors & Semiconductor Equipment—3.1%

  

Amkor Technology, Inc. (a)

    110,900        475,761   

Atmel Corp. (a)

    117,800        876,432   

Cabot Microelectronics Corp. (a)

    27,900        1,074,708   

Cavium, Inc. (a) (b)

    104,600        4,309,520   

Cypress Semiconductor Corp. (a) (b)

    98,200        917,188   

Semiconductors & Semiconductor Equipment—(Continued)

  

Diodes, Inc. (a)

    90,600      2,219,700   

Hittite Microwave Corp. (a)

    60,800        3,973,280   

Magnachip Semiconductor Corp. (a)

    102,800        2,213,284   

Microsemi Corp. (a)

    112,700        2,732,975   

Semtech Corp. (a)

    87,100        2,612,129   

Silicon Laboratories, Inc. (a)

    33,300        1,422,243   

Synaptics, Inc. (a) (b)

    92,400        4,091,472   

Teradyne, Inc. (a) (b)

    153,500        2,535,820   

Ultratech, Inc. (a) (b)

    40,300        1,221,090   

Veeco Instruments, Inc. (a) (b)

    38,300        1,425,909   
   

 

 

 
      32,101,511   
   

 

 

 

Software—7.8%

  

Actuate Corp. (a)

    83,119        610,925   

ANSYS, Inc. (a)

    22,930        1,983,903   

Aspen Technology, Inc. (a)

    175,300        6,056,615   

CommVault Systems, Inc. (a)

    98,100        8,616,123   

Computer Modelling Group, Ltd. (b)

    101,100        2,365,429   

Concur Technologies, Inc. (a) (b)

    56,700        6,265,350   

FactSet Research Systems, Inc. (b)

    43,700        4,767,670   

Fortinet, Inc. (a)

    145,100        2,939,726   

Informatica Corp. (a)

    102,400        3,990,528   

MICROS Systems, Inc. (a) (b)

    80,900        4,040,146   

Monotype Imaging Holdings, Inc.

    98,105        2,811,689   

Netscout Systems, Inc. (a)

    118,900        3,040,273   

Progress Software Corp. (a)

    42,300        1,094,724   

PTC, Inc. (a)

    132,100        3,755,603   

Rovi Corp. (a)

    41,800        801,306   

SolarWinds, Inc. (a)

    67,600        2,370,056   

Solera Holdings, Inc.

    26,200        1,385,194   

TIBCO Software, Inc. (a)

    177,900        4,552,461   

Tyler Technologies, Inc. (a)

    103,700        9,070,639   

Ultimate Software Group, Inc. (a)

    66,100        9,743,140   
   

 

 

 
      80,261,500   
   

 

 

 

Specialty Retail—4.4%

  

Aaron’s, Inc.

    96,800        2,681,360   

Ascena Retail Group, Inc. (a)

    220,700        4,398,551   

Buckle, Inc. (The) (b)

    58,400        3,156,520   

Chico’s FAS, Inc.

    198,200        3,302,012   

Children’s Place Retail Stores, Inc. (The) (a)

    36,500        2,111,890   

DSW, Inc. - Class A

    95,800        8,173,656   

Guess?, Inc.

    31,300        934,305   

Hibbett Sports, Inc. (a) (b)

    50,950        2,860,842   

Monro Muffler Brake, Inc. (b)

    137,200        6,378,428   

Sally Beauty Holdings, Inc. (a)

    224,100        5,862,456   

Tractor Supply Co.

    84,600        5,682,582   
   

 

 

 
      45,542,602   
   

 

 

 

Textiles, Apparel & Luxury Goods—2.1%

  

Deckers Outdoor Corp. (a) (b)

    42,000        2,768,640   

Fossil Group, Inc. (a)

    24,449        2,841,952   

Hanesbrands, Inc.

    128,700        8,019,297   

Iconix Brand Group, Inc. (a) (b)

    86,000        2,856,920   

PVH Corp.

    41,185        4,888,247   
   

 

 

 
      21,375,056   
   

 

 

 

 

MSF-200


Table of Contents

Metropolitan Series Fund

T. Rowe Price Small Cap Growth Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  

Thrifts & Mortgage Finance—0.7%

  

MGIC Investment Corp. (a)

    325,400      $ 2,368,912   

Ocwen Financial Corp. (a)

    50,100        2,794,077   

Radian Group, Inc.

    148,000        2,061,640   
   

 

 

 
      7,224,629   
   

 

 

 

Trading Companies & Distributors—0.9%

  

Beacon Roofing Supply, Inc. (a)

    97,100        3,580,077   

United Rentals, Inc. (a) (b)

    93,932        5,475,296   
   

 

 

 
      9,055,373   
   

 

 

 

Wireless Telecommunication Services—0.2%

  

SBA Communications Corp. - Class A (a)

    28,200        2,268,972   
   

 

 

 

Total Common Stocks
(Cost $711,377,146)

      1,026,242,982   
   

 

 

 
Short-Term Investments—19.5%   

Mutual Funds—19.5%

   

State Street Navigator Securities Lending MET Portfolio (c)

    199,161,011        199,161,011   

T. Rowe Price Government Reserve Investment Fund (d)

    1,993,838        1,993,838   
   

 

 

 

Total Short-Term Investments
(Cost $201,154,849)

      201,154,849   
   

 

 

 

Total Investments—119.3%
(Cost $912,531,995) (e)

      1,227,397,831   

Other assets and liabilities (net)—(19.3)%

      (198,769,992
   

 

 

 
Net Assets—100.0%     $ 1,028,627,839   
   

 

 

 

 

(a) Non-income producing security.
(b) All or a portion of the security was held on loan. As of September 30, 2013, the market value of securities loaned was $195,710,620 and the collateral received consisted of cash in the amount of $199,161,011 and non-cash collateral with a value of $665,126. The cash collateral is invested in a money market fund managed by an affiliate of the custodian. The non-cash collateral received consists primarily of government securities and bank letters of credit, and is held for the benefit of the Portfolio at the Portfolio’s custodian. The Portfolio cannot repledge or resell this collateral.
(c) Represents investment of cash collateral received from securities lending transactions.
(d) Affiliated Issuer.
(e) As of September 30, 2013, the aggregate cost of investments was $912,531,995. The aggregate unrealized appreciation and depreciation of investments were $332,045,967 and $(17,180,131), respectively, resulting in net unrealized appreciation of $314,865,836.

 

MSF-201


Table of Contents

Metropolitan Series Fund

T. Rowe Price Small Cap Growth Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

Fair Value Hierarchy

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to the Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1      Level 2     Level 3      Total  

Total Common Stocks*

   $ 1,026,242,982       $ —        $ —         $ 1,026,242,982   

Total Short-Term Investments*

     201,154,849         —          —           201,154,849   

Total Investments

   $ 1,227,397,831       $ —        $ —         $ 1,227,397,831   
                                    

Collateral for securities loaned (Liability)

   $ —         $ (199,161,011   $ —         $ (199,161,011

 

* See Schedule of Investments for additional detailed categorizations.

 

MSF-202


Table of Contents

Metropolitan Series Fund

Van Eck Global Natural Resources Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Common Stock—94.2% of Net Assets

 

Security Description   Shares     Value  

Chemicals—1.0%

  

Agrium, Inc. (a)

    135,700      $ 11,402,871   
   

 

 

 

Construction & Engineering—0.7%

  

Jacobs Engineering Group, Inc. (b)

    139,600        8,121,928   
   

 

 

 

Energy Equipment & Services—23.5%

  

Atwood Oceanics, Inc. (a) (b)

    398,800        21,949,952   

Cameron International Corp. (b)

    566,600        33,072,442   

Diamond Offshore Drilling, Inc.

    172,900        10,775,128   

Dril-Quip, Inc. (b)

    214,300        24,590,925   

Halliburton Co.

    1,034,700        49,820,805   

National Oilwell Varco, Inc.

    423,800        33,103,018   

Noble Corp.

    392,300        14,817,171   

Schlumberger, Ltd.

    631,900        55,834,684   

Superior Energy Services, Inc. (b)

    523,000        13,095,920   

Weatherford International, Ltd. (b)

    797,500        12,225,675   
   

 

 

 
      269,285,720   
   

 

 

 

Food Products—0.6%

  

Archer-Daniels-Midland Co.

    186,000        6,852,240   
   

 

 

 

Machinery—1.5%

  

Cummins, Inc.

    130,700        17,366,109   
   

 

 

 

Metals & Mining—16.1%

  

African Minerals, Ltd. (b)

    412,448        1,491,008   

African Minerals, Ltd. (London Traded Shares) (a) (b)

    367,750        1,340,236   

Eldorado Gold Corp. (a)

    1,111,300        7,456,823   

First Quantum Minerals, Ltd. (a)

    2,004,800        37,330,289   

Glencore International plc (b)

    11,499,037        62,725,220   

Goldcorp, Inc.

    475,000        12,354,750   

Kinross Gold Corp.

    1,183,304        5,975,685   

New Gold, Inc. (b)

    1,560,300        9,330,594   

Newmont Mining Corp.

    562,100        15,795,010   

Randgold Resources, Ltd. (ADR) (a)

    191,800        13,719,454   

Steel Dynamics, Inc.

    507,500        8,480,325   

United States Steel Corp. (a)

    409,600        8,433,664   
   

 

 

 
      184,433,058   
   

 

 

 

Oil, Gas & Consumable Fuels—49.2%

  

Afren plc (b)

    8,119,501        18,185,320   

Alpha Natural Resources, Inc. (a) (b)

    263,420        1,569,983   

Anadarko Petroleum Corp.

    566,950        52,720,680   

Cimarex Energy Co.

    579,600        55,873,440   

Cloud Peak Energy, Inc. (b)

    313,800        4,603,446   

Concho Resources, Inc. (b)

    479,450        52,168,955   

Consol Energy, Inc.

    636,300        21,411,495   

Delek U.S. Holdings, Inc.

    376,600        7,942,494   

Diamondback Energy, Inc. (a) (b)

    313,500        13,367,640   

EOG Resources, Inc.

    182,700        30,927,456   

Green Plains Renewable Energy, Inc. (a) (b)

    68,700        1,102,635   

Gulfport Energy Corp. (b)

    100,700        6,479,038   

Halcon Resources Corp. (a) (b)

    1,438,900        6,374,327   

HollyFrontier Corp.

    582,100        24,512,231   

Marathon Oil Corp.

    1,425,100        49,707,488   

Oil, Gas & Consumable Fuels—(Continued)

  

Marathon Petroleum Corp.

    310,800      19,990,656   

Newfield Exploration Co. (b)

    544,700        14,908,439   

Occidental Petroleum Corp.

    328,700        30,746,598   

Ophir Energy plc (a) (b)

    2,220,903        12,005,754   

Pioneer Natural Resources Co. (a)

    344,300        65,003,840   

Scorpio Tankers, Inc. (b)

    439,400        4,288,544   

Seadrill, Ltd. (a)

    260,524        11,744,422   

SM Energy Co.

    470,600        36,325,614   

Tesoro Corp.

    300,800        13,229,184   

Whiting Petroleum Corp. (b)

    149,302        8,935,725   
   

 

 

 
      564,125,404   
   

 

 

 

Paper & Forest Products—1.6%

  

Louisiana-Pacific Corp. (b)

    1,072,200        18,859,998   
   

 

 

 

Total Common Stock
(Identified Cost $1,008,245,296)

      1,080,447,328   
   

 

 

 
Investment Company Securities—1.0%   

Exchange Traded Funds—1.0%

  

SPDR Gold Trust (a) (b)

    82,700        10,599,659   
   

 

 

 

Total Investment Company Securities
(Identified Cost $11,909,255)

      10,599,659   
   

 

 

 
Warrants—0.0%   

Metals & Mining – 0.0%

  

Kinross Gold Corp. (b)

    29,480        1,717   
   

 

 

 

Total Warrants
(Identified Cost $140,490)

      1,717   
   

 

 

 
Short Term Investments—12.3%   

Mutual Funds—12.3%

  

AIM STIT-STIC Prime Portfolio

    49,897,432        49,897,432   

State Street Navigator Securities Lending MET Portfolio (c)

    91,268,724        91,268,724   
   

 

 

 

Total Short Term Investments
(Identified Cost $141,166,156)

      141,166,156   
   

 

 

 

Total Investments—107.5%
(Identified Cost $1,161,461,197) (d)

      1,232,214,860   

Other assets and liabilities (net)—(7.5)%

      (85,371,785
   

 

 

 
Net Assets—100.0%     $ 1,146,843,075   
   

 

 

 

 

(a) All or a portion of the security was on loan. As of September 30, 2013, the market value of securities loaned was $88,958,834 and the collateral received consisted of cash in the amount of $91,268,724 and non-cash collateral with a value of $494,088. The cash collateral is invested in a money market fund managed by an affiliate of the custodian. The non-cash collateral received consists primarily of government securities and bank letters of credit, and is held for the benefit of the Portfolio at the Portfolio’s custodian. The Portfolio cannot repledge or resell this collateral.

 

MSF-203


Table of Contents

Metropolitan Series Fund

Van Eck Global Natural Resources Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

(b) Non-Income Producing.
(c) Represents investment of cash collateral received from securities lending transactions.
(d) As of September 30, 2013, the aggregate cost of investments was $1,161,461,197. The aggregate unrealized appreciation and depreciation of investments was $170,637,229 and $(99,883,566), respectively, resulting in net unrealized appreciation of $70,753,663.
(ADR)— An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. Trading on exchanges not located in the United States or Canada significantly influences the value of ADRs.

 

Fair Value Hierarchy

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive if it were to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. GAAP establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1      Level 2     Level 3      Total  
Common Stock           

Chemicals

   $ 11,402,871       $ —        $ —         $ 11,402,871   

Construction & Engineering

     8,121,928         —          —           8,121,928   

Energy Equipment & Services

     269,285,720         —          —           269,285,720   

Food Products

     6,852,240         —          —           6,852,240   

Machinery

     17,366,109         —          —           17,366,109   

Metals & Mining

     120,367,602         64,065,456        —           184,433,058   

Oil, Gas & Consumable Fuels

     533,934,330         30,191,074        —           564,125,404   

Paper & Forest Products

     18,859,998         —          —           18,859,998   

Total Common Stock

     986,190,798         94,256,530        —           1,080,447,328   

Total Investment Company Securities*

     10,599,659         —          —           10,599,659   

Total Warrants*

     1,717         —          —           1,717   

Total Short Term Investments*

     141,166,156         —          —           141,166,156   

Total Investments

   $ 1,137,958,330       $ 94,256,530      $ —         $ 1,232,214,860   
                                    

Collateral for Securities Loaned (Liability)

   $ —         $ (91,268,724   $ —         $ (91,268,724
                                    

 

* See Schedule of Investments for additional detailed categorizations.

 

MSF-204


Table of Contents

Metropolitan Series Fund

Western Asset Management Strategic Bond Opportunities Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Corporate Bonds & Notes—51.9% of Net Assets

 

Security Description   Principal
Amount*
    Value  

Advertising—0.0%

  

WPP Finance UK
8.000%, 09/15/14

    230,000      $ 245,178   
   

 

 

 

Aerospace/Defense—0.4%

  

Boeing Co. (The)
4.875%, 02/15/20

    540,000        613,771   

6.000%, 03/15/19

    50,000        59,369   

Kratos Defense & Security Solutions, Inc.
10.000%, 06/01/17

    3,000,000        3,262,500   

Raytheon Co.
3.125%, 10/15/20

    30,000        30,432   

United Technologies Corp.
4.500%, 06/01/42

    360,000        349,704   
   

 

 

 
      4,315,776   
   

 

 

 

Agriculture—0.4%

  

Altria Group, Inc.
4.750%, 05/05/21

    890,000        944,221   

8.500%, 11/10/13

    470,000        473,828   

Imperial Tobacco Finance plc
2.050%, 02/11/18 (144A)

    560,000        546,062   

Lorillard Tobacco Co.
8.125%, 06/23/19

    390,000        472,861   

Philip Morris International, Inc.
2.500%, 08/22/22

    440,000        405,133   

2.900%, 11/15/21

    640,000        620,233   

Reynolds American, Inc.
3.250%, 11/01/22

    270,000        248,541   

6.750%, 06/15/17

    325,000        375,507   
   

 

 

 
      4,086,386   
   

 

 

 

Airlines—0.6%

  

Delta Air Lines Pass-Through Trust
6.821%, 08/10/22

    565,110        628,685   

8.021%, 08/10/22

    2,479,783        2,690,565   

Northwest Airlines Pass-Through Trust
7.575%, 03/01/19

    19,487        21,923   

UAL Pass-Through Trust
9.750%, 01/15/17

    79,065        89,936   

United Airlines, Inc.
6.750%, 09/15/15 (144A) (a)

    1,964,000        2,022,920   
   

 

 

 
      5,454,029   
   

 

 

 

Auto Manufacturers—0.2%

  

Daimler Finance North America LLC
1.300%, 07/31/15 (144A)

    370,000        371,635   

2.625%, 09/15/16 (144A)

    790,000        814,304   

Ford Motor Co.
4.750%, 01/15/43

    1,020,000        910,323   
   

 

 

 
      2,096,262   
   

 

 

 

Banks—6.2%

  

Bank of America Corp.
3.875%, 03/22/17 (a)

    300,000        319,077   

Banks—(Continued)

  

Bank of America Corp.
4.100%, 07/24/23

    1,730,000      1,719,248   

5.420%, 03/15/17

    1,530,000        1,678,920   

5.650%, 05/01/18

    1,970,000        2,223,192   

6.500%, 08/01/16

    1,900,000        2,153,300   

Barclays Bank plc
6.050%, 12/04/17 (144A)

    140,000        155,511   

10.179%, 06/12/21 (144A)

    100,000        129,522   

BBVA US Senior S.A. Unipersonal
3.250%, 05/16/14

    970,000        980,706   

4.664%, 10/09/15

    1,050,000        1,093,261   

BNP Paribas S.A.
2.375%, 09/14/17

    310,000        314,185   

CIT Group, Inc.
5.000%, 08/01/23

    2,030,000        1,965,385   

Citigroup, Inc.
4.050%, 07/30/22 (a)

    4,180,000        4,059,679   

5.125%, 05/05/14

    15,000        15,404   

5.350%, 04/29/49 (b)

    560,000        487,200   

5.500%, 10/15/14

    76,000        79,640   

5.500%, 09/13/25

    990,000        1,018,169   

5.900%, 12/29/49 (a) (b)

    320,000        300,800   

5.950%, 12/29/49 (a) (b)

    590,000        550,175   

6.000%, 08/15/17

    650,000        742,884   

6.010%, 01/15/15

    680,000        723,377   

6.375%, 08/12/14

    133,000        139,426   

6.875%, 03/05/38

    212,000        262,079   

Commonwealth Bank of Australia
1.250%, 09/18/15

    470,000        474,701   

3.750%, 10/15/14 (144A)

    710,000        732,933   

5.000%, 10/15/19 (144A)

    320,000        359,781   

Cooperatieve Centrale Raiffeisen-Boerenleenbank BA
11.000%, 06/30/19 (144A) (b)

    415,000        539,500   

Credit Agricole S.A.
8.375%, 10/29/49 (144A) (b)

    890,000        973,438   

Goldman Sachs Capital II
4.000%, 12/01/49 (b)

    3,490,000        2,547,700   

Goldman Sachs Group, Inc. (The)
2.375%, 01/22/18

    1,720,000        1,707,804   

2.900%, 07/19/18

    580,000        584,660   

5.250%, 10/15/13

    70,000        70,103   

5.250%, 07/27/21

    1,680,000        1,812,980   

6.000%, 05/01/14

    210,000        216,524   

6.150%, 04/01/18

    30,000        34,313   

6.250%, 02/01/41

    210,000        235,267   

6.750%, 10/01/37

    400,000        417,454   

7.500%, 02/15/19

    20,000        24,165   

ING Bank NV
5.800%, 09/25/23 (144A)

    1,510,000        1,525,094   

Intesa Sanpaolo S.p.A.
3.125%, 01/15/16

    1,040,000        1,038,492   

3.875%, 01/16/18

    520,000        511,215   

JPMorgan Chase & Co.
1.100%, 10/15/15

    1,490,000        1,492,852   

3.375%, 05/01/23

    1,550,000        1,405,639   

4.350%, 08/15/21

    160,000        165,739   

 

MSF-205


Table of Contents

Metropolitan Series Fund

Western Asset Management Strategic Bond Opportunities Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Corporate Bonds & Notes—(Continued)

 

Security Description   Principal
Amount*
    Value  

Banks—(Continued)

  

JPMorgan Chase & Co.
4.500%, 01/24/22

    160,000      $ 166,896   

5.150%, 10/01/15 (a)

    1,980,000        2,130,634   

6.125%, 06/27/17

    160,000        181,770   

M&T Bank Corp.
6.875%, 12/29/49 (144A)

    2,540,000        2,573,927   

Morgan Stanley
0.716%, 10/18/16 (b)

    360,000        354,104   

4.750%, 03/22/17

    140,000        151,161   

5.450%, 01/09/17

    530,000        583,643   

5.950%, 12/28/17

    430,000        486,493   

Nordea Bank AB
4.875%, 05/13/21 (144A)

    950,000        985,895   

Royal Bank of Scotland Group plc
2.550%, 09/18/15

    280,000        286,009   

5.000%, 10/01/14

    730,000        748,189   

6.100%, 06/10/23 (a)

    780,000        786,883   

7.648%, 08/29/49 (b)

    120,000        123,000   

Royal Bank of Scotland plc
7.250%, 03/10/14 (AUD)

    3,350,000        3,176,341   

Santander US Debt S.A. Unipersonal
3.724%, 01/20/15 (144A)

    100,000        101,416   

State Street Corp.
4.956%, 03/15/18

    320,000        352,047   

UBS AG
2.250%, 01/28/14

    250,000        251,569   

3.875%, 01/15/15

    390,000        405,816   

Wachovia Bank N.A.
6.000%, 11/15/17

    1,990,000        2,293,674   

Wachovia Capital Trust III
5.570%, 03/29/49 (b)

    1,321,000        1,195,505   

Wachovia Corp.
5.250%, 08/01/14

    2,510,000        2,606,246   

Wells Fargo & Co.
1.500%, 01/16/18

    300,000        295,207   

3.450%, 02/13/23

    970,000        907,884   

4.600%, 04/01/21 (a)

    110,000        119,447   

Wells Fargo Capital X
5.950%, 12/01/86

    600,000        568,500   
   

 

 

 
      59,813,750   
   

 

 

 

Beverages—0.5%

  

Anheuser-Busch InBev Worldwide, Inc.
2.500%, 07/15/22

    280,000        259,033   

5.000%, 04/15/20

    260,000        293,648   

5.375%, 01/15/20

    1,110,000        1,275,846   

Diageo Finance BV
3.250%, 01/15/15

    60,000        62,096   

Diageo Investment Corp.
2.875%, 05/11/22

    670,000        644,553   

Heineken NV
1.400%, 10/01/17 (144A)

    260,000        255,617   

Molson Coors Brewing Co.
3.500%, 05/01/22 (a)

    60,000        59,615   

PepsiCo, Inc.
0.700%, 08/13/15

    850,000        851,183   

Beverages—(Continued)

  

PepsiCo, Inc.
7.900%, 11/01/18

    76,000      96,747   

Pernod-Ricard S.A.
2.950%, 01/15/17 (144A)

    270,000        280,118   

4.450%, 01/15/22 (144A)

    940,000        965,037   
   

 

 

 
      5,043,493   
   

 

 

 

Building Materials—1.1%

  

Building Materials Corp. of America
7.500%, 03/15/20 (144A)

    3,400,000        3,663,500   

Cemex Finance LLC
9.375%, 10/12/22 (144A) (a)

    6,470,000        7,084,650   
   

 

 

 
      10,748,150   
   

 

 

 

Chemicals—0.9%

   

Alpek S.A. de C.V.

   

4.500%, 11/20/22 (144A)

    890,000        827,700   

Braskem Finance, Ltd.

   

5.375%, 05/02/22 (144A) (a)

    1,980,000        1,851,300   

Ecolab, Inc.

   

4.350%, 12/08/21

    180,000        189,651   

LyondellBasell Industries NV

   

5.000%, 04/15/19

    1,190,000        1,309,888   

5.750%, 04/15/24

    1,190,000        1,330,927   

Potash Corp. of Saskatchewan, Inc.

   

4.875%, 03/30/20

    40,000        43,686   

Rain CII Carbon LLC / CII Carbon Corp.

   

8.250%, 01/15/21 (144A)

    2,650,000        2,663,250   
   

 

 

 
      8,216,402   
   

 

 

 

Coal—1.2%

   

Arch Coal, Inc.

   

7.000%, 06/15/19 (a)

    2,630,000        2,038,250   

9.875%, 06/15/19 (144A)

    1,110,000        987,900   

CONSOL Energy, Inc.

   

8.250%, 04/01/20

    3,720,000        3,989,700   

Natural Resource Partners L.P.

   

9.125%, 10/01/18 (144A)

    720,000        727,200   

Peabody Energy Corp.

   

6.500%, 09/15/20

    3,990,000        3,930,150   
   

 

 

 
      11,673,200   
   

 

 

 

Commercial Services—1.0%

   

NES Rentals Holdings, Inc.

   

7.875%, 05/01/18 (144A)

    990,000        1,004,850   

Service Corp. International

   

7.500%, 04/01/27

    350,000        371,000   

7.625%, 10/01/18

    125,000        141,563   

United Rentals North America, Inc.

   

8.375%, 09/15/20 (a)

    3,040,000        3,366,800   

WEX, Inc.

   

4.750%, 02/01/23 (144A)

    3,440,000        3,130,400   

Wyle Services Corp.

   

10.500%, 04/01/18 (144A)

    1,430,000        1,426,425   
   

 

 

 
      9,441,038   
   

 

 

 

 

MSF-206


Table of Contents

Metropolitan Series Fund

Western Asset Management Strategic Bond Opportunities Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Corporate Bonds & Notes—(Continued)

 

Security Description   Principal
Amount*
    Value  

Computers—0.1%

   

Apple, Inc.

   

2.400%, 05/03/23

    600,000      $ 543,109   
   

 

 

 

Cosmetics/Personal Care—0.0%

  

First Quality Finance Co., Inc.

   

4.625%, 05/15/21 (144A)

    490,000        444,675   
   

 

 

 

Diversified Financial Services—2.7%

  

American Express Co.

   

6.800%, 09/01/66 (b)

    1,650,000        1,749,000   

American Express Credit Corp.

   

5.125%, 08/25/14

    60,000        62,460   

American Honda Finance Corp.

   

1.000%, 08/11/15 (144A)

    700,000        703,158   

Ausdrill Finance Pty, Ltd.

   

6.875%, 11/01/19 (144A) (a)

    3,050,000        2,821,250   

Boeing Capital Corp.

   

4.700%, 10/27/19

    350,000        394,988   

Compiler Finance Sub, Inc.

   

7.000%, 05/01/21 (144A)

    200,000        197,000   

Denali Borrower LLC / Denali Finance Corp.

   

5.625%, 10/15/20 (144A)

    860,000        835,275   

Ford Motor Credit Co. LLC

   

8.125%, 01/15/20

    1,240,000        1,542,081   

General Electric Capital Corp.

   

1.625%, 07/02/15

    330,000        334,860   

4.375%, 09/16/20

    70,000        74,473   

4.625%, 01/07/21

    40,000        42,922   

6.375%, 11/15/67 (b)

    2,490,000        2,658,075   

6.875%, 01/10/39

    4,511,000        5,528,447   

General Motors Financial Co., Inc.

   

2.750%, 05/15/16 (144A)

    30,000        29,925   

4.250%, 05/15/23 (144A)

    390,000        356,362   

Hyundai Capital America

   

2.125%, 10/02/17 (144A)

    240,000        239,410   

ILFC E-Capital Trust II

   

6.250%, 12/21/65 (144A) (b)

    330,000        300,300   

International Lease Finance Corp.

   

6.250%, 05/15/19

    1,150,000        1,207,500   

6.500%, 09/01/14 (144A)

    50,000        51,875   

6.750%, 09/01/16 (144A)

    250,000        274,375   

8.250%, 12/15/20 (a)

    3,150,000        3,591,000   

8.750%, 03/15/17 (a)

    1,550,000        1,778,625   

John Deere Capital Corp.

   

2.250%, 04/17/19

    310,000        311,454   

Lehman Brothers Holdings Capital Trust VII

   

5.857%, 11/29/49 (c)

    3,870,000        387   

Lehman Brothers Holdings E-Capital Trust I

   

3.589%, 08/19/65 (c)

    1,190,000        119   

Lehman Brothers Holdings, Inc.

   

6.750%, 12/28/17 (c)

    3,280,000        328   

Merrill Lynch & Co., Inc.

   

6.875%, 04/25/18

    280,000        329,981   

SLM Corp.

   

8.000%, 03/25/20

    150,000        162,000   

Diversified Financial Services—(Continued)

  

TMX Finance LLC / TitleMax Finance Corp.

   

8.500%, 09/15/18 (144A)

    360,000      376,200   

Vesey Street Investment Trust I

   

4.404%, 09/01/16 (d)

    370,000        396,724   
   

 

 

 
      26,350,554   
   

 

 

 

Electric—3.0%

   

Calpine Corp.

   

7.875%, 07/31/20 (144A)

    2,218,000        2,389,895   

7.875%, 01/15/23 (144A)

    2,600,000        2,736,500   

Centrais Eletricas Brasileiras S.A.

   

5.750%, 10/27/21 (144A) (a)

    1,930,000        1,865,345   

Dominion Resources, Inc.

   

8.875%, 01/15/19

    70,000        90,587   

DPL, Inc.

   

7.250%, 10/15/21

    5,750,000        5,879,375   

Duke Energy Carolinas LLC

   

5.300%, 02/15/40

    980,000        1,072,703   

Dynegy Roseton LLC

   

7.670%, 11/08/16 (c) (e)

    500,000        8,750   

Energy Future Intermediate Holding Co. LLC / EFIH Finance, Inc.

   

10.000%, 12/01/20

    1,550,000        1,633,312   

12.250%, 03/01/22 (144A) (a)

    810,000        911,250   

Exelon Corp.

   

5.625%, 06/15/35

    375,000        376,044   

FirstEnergy Corp.

   

4.250%, 03/15/23

    1,910,000        1,746,748   

7.375%, 11/15/31

    4,200,000        4,242,718   

Mirant Mid Atlantic Pass-Through Trust

   

10.060%, 12/30/28

    5,056,588        5,461,115   

Pacific Gas & Electric Co.

   

6.050%, 03/01/34

    430,000        478,393   

8.250%, 10/15/18

    210,000        268,150   
   

 

 

 
      29,160,885   
   

 

 

 

Electronics—0.2%

   

Rexel S.A.

   

5.250%, 06/15/20 (144A)

    2,210,000        2,154,750   

Thermo Fisher Scientific, Inc.

   

3.600%, 08/15/21

    200,000        196,798   
   

 

 

 
      2,351,548   
   

 

 

 

Engineering & Construction—0.3%

   

Empresas ICA S.A.B. de C.V.

   

8.375%, 07/24/17 (a)

    440,000        436,150   

8.900%, 02/04/21 (a)

    200,000        196,750   

OAS Investments GmbH

   

8.250%, 10/19/19 (144A) (a)

    1,930,000        1,949,300   
   

 

 

 
      2,582,200   
   

 

 

 

Entertainment—0.1%

   

Mohegan Tribal Gaming Authority

   

11.500%, 11/01/17 (144A)

    870,000        983,100   
   

 

 

 

 

MSF-207


Table of Contents

Metropolitan Series Fund

Western Asset Management Strategic Bond Opportunities Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Corporate Bonds & Notes—(Continued)

 

Security Description   Principal
Amount*
    Value  

Environmental Control—0.0%

   

Waste Management, Inc.

   

4.600%, 03/01/21

    180,000      $ 192,008   

7.375%, 05/15/29

    190,000        232,149   
   

 

 

 
      424,157   
   

 

 

 

Food—0.6%

   

Hawk Acquisition Sub, Inc.

   

4.250%, 10/15/20 (144A) (a)

    1,060,000        1,010,975   

Kraft Foods Group, Inc.

   

3.500%, 06/06/22

    690,000        681,467   

Marfrig Holding Europe B.V.

   

8.375%, 05/09/18 (a)

    2,200,000        2,002,000   

11.250%, 09/20/21 (144A) (a)

    1,850,000        1,801,438   

Mondelez International, Inc.

   

5.375%, 02/10/20

    534,000        602,977   
   

 

 

 
      6,098,857   
   

 

 

 

Forest Products & Paper—0.9%

   

Appvion, Inc.

   

11.250%, 12/15/15

    3,000,000        3,382,500   

Fibria Overseas Finance, Ltd.

   

6.750%, 03/03/21 (a)

    3,110,000        3,318,370   

7.500%, 05/04/20 (a)

    634,000        681,550   

Resolute Forest Products, Inc.

   

5.875%, 05/15/23 (144A)

    960,000        842,400   

Smurfit Kappa Treasury Funding, Ltd.

   

7.500%, 11/20/25

    275,000        298,375   
   

 

 

 
      8,523,195   
   

 

 

 

Healthcare - Products—0.1%

  

Mallinckrodt International Finance S.A.

   

4.750%, 04/15/23 (144A)

    290,000        275,733   

Medtronic, Inc.

   

3.125%, 03/15/22

    60,000        59,025   

4.450%, 03/15/20

    340,000        372,319   
   

 

 

 
      707,077   
   

 

 

 

Healthcare - Services—1.7%

  

Fresenius Medical Care U.S. Finance, Inc.

   

6.500%, 09/15/18 (144A) (a)

    3,709,000        4,070,627   

HCA Holdings, Inc.

   

6.250%, 02/15/21 (a)

    2,300,000        2,337,375   

HCA, Inc.

   

5.750%, 03/15/14

    90,000        91,688   

6.375%, 01/15/15

    1,500,000        1,582,500   

Humana, Inc.

   

3.150%, 12/01/22 (a)

    190,000        176,775   

7.200%, 06/15/18

    320,000        383,307   

Radnet Management, Inc.

   

10.375%, 04/01/18 (a)

    1,630,000        1,723,725   

Roche Holdings, Inc.

   

6.000%, 03/01/19 (144A)

    428,000        508,619   

Tenet Healthcare Corp.

   

6.000%, 10/01/20 (144A) (a)

    1,000,000        1,022,500   

Healthcare - Services—(Continued)

  

Tenet Healthcare Corp.
8.125%, 04/01/22 (144A) (a)

    1,060,000      1,106,375   

UnitedHealth Group, Inc.

   

5.700%, 10/15/40

    10,000        11,076   

5.800%, 03/15/36

    10,000        11,055   

6.000%, 02/15/18

    900,000        1,048,985   

Vanguard Health Holding Co. II LLC / Vanguard Holding Co. II, Inc.

   

8.000%, 02/01/18 (a)

    840,000        886,200   

WellPoint, Inc.

   

1.250%, 09/10/15

    160,000        161,089   

3.125%, 05/15/22

    400,000        379,819   

3.700%, 08/15/21

    340,000        341,408   

5.875%, 06/15/17

    120,000        136,364   

7.000%, 02/15/19

    510,000        616,883   
   

 

 

 
      16,596,370   
   

 

 

 

Holding Companies - Diversified—0.6%

  

DH Services Luxembourg S.a.r.l.

   

7.750%, 12/15/20 (144A)

    5,670,000        5,896,800   
   

 

 

 

Home Builders—0.8%

  

Taylor Morrison Communities, Inc.

   

7.750%, 04/15/20 (144A) (a)

    4,432,000        4,841,960   

William Lyon Homes, Inc.

   

8.500%, 11/15/20

    2,430,000        2,563,650   
   

 

 

 
      7,405,610   
   

 

 

 

Household Products/Wares—0.3%

  

Reynolds Group Issuer, Inc. / Reynolds Group Issuer LLC / Reynolds Group Issuer Lu

   

6.875%, 02/15/21

    480,000        512,400   

7.125%, 04/15/19

    400,000        425,000   

9.000%, 04/15/19 (a)

    1,710,000        1,795,500   
   

 

 

 
      2,732,900   
   

 

 

 

Insurance—0.2%

  

American International Group, Inc.

   

6.250%, 03/15/37

    620,000        607,600   

ING U.S. Inc.

   

2.900%, 02/15/18

    300,000        301,224   

Teachers Insurance & Annuity Association of America

   

6.850%, 12/16/39 (144A)

    700,000        866,286   
   

 

 

 
      1,775,110   
   

 

 

 

Internet—0.6%

  

Cogent Communications Group, Inc.

   

8.375%, 02/15/18 (144A)

    3,480,000        3,793,200   

CyrusOne L.P. / CyrusOne Finance Corp.

   

6.375%, 11/15/22

    1,500,000        1,488,750   
   

 

 

 
      5,281,950   
   

 

 

 

 

MSF-208


Table of Contents

Metropolitan Series Fund

Western Asset Management Strategic Bond Opportunities Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Corporate Bonds & Notes—(Continued)

 

Security Description   Principal
Amount*
    Value  

Iron/Steel—0.7%

  

ArcelorMittal

   

5.000%, 02/25/17

    380,000      $ 395,200   

Cliffs Natural Resources, Inc.

   

3.950%, 01/15/18 (a)

    1,480,000        1,486,328   

4.800%, 10/01/20 (a)

    590,000        562,424   

4.875%, 04/01/21 (a)

    100,000        94,342   

Steel Dynamics, Inc.

   

7.625%, 03/15/20

    3,710,000        4,011,437   
   

 

 

 
      6,549,731   
   

 

 

 

Lodging—0.5%

  

Caesars Entertainment Operating Co., Inc.

   

8.500%, 02/15/20

    320,000        294,400   

11.250%, 06/01/17

    2,000,000        2,030,000   

CityCenter Holdings LLC

   

7.625%, 01/15/16

    380,000        398,050   

Hilton Worldwide Finance LLC / Hilton Worldwide Finance Corp.

   

5.625%, 10/15/21 (144A)

    1,800,000        1,804,500   
   

 

 

 
      4,526,950   
   

 

 

 

Media—3.2%

  

CCO Holdings LLC / CCO Holdings Capital Corp.

   

6.500%, 04/30/21 (a)

    2,000,000        2,030,000   

7.000%, 01/15/19 (a)

    90,000        95,287   

Comcast Cable Communications Holdings, Inc.

   

9.455%, 11/15/22

    230,000        324,237   

Comcast Cable Communications LLC

   

8.875%, 05/01/17

    420,000        523,341   

Comcast Corp.

   

5.650%, 06/15/35

    10,000        10,935   

5.875%, 02/15/18

    150,000        175,008   

6.500%, 01/15/15

    460,000        494,362   

CSC Holdings LLC

   

6.750%, 11/15/21

    3,950,000        4,226,500   

DISH DBS Corp.

   

6.625%, 10/01/14 (a)

    90,000        94,500   

6.750%, 06/01/21 (a)

    115,000        120,894   

7.750%, 05/31/15 (a)

    50,000        54,625   

7.875%, 09/01/19 (a)

    3,985,000        4,542,900   

Gannett Co., Inc.

   

6.375%, 10/15/23 (144A)

    940,000        932,950   

Nara Cable Funding, Ltd.

   

8.875%, 12/01/18 (144A)

    4,260,000        4,494,300   

NBCUniversal Enterprise, Inc.

   

1.974%, 04/15/19 (144A)

    1,950,000        1,893,390   

News America, Inc.

   

6.200%, 12/15/34

    10,000        10,827   

6.650%, 11/15/37

    70,000        79,534   

Time Warner Cable, Inc.

   

4.125%, 02/15/21

    10,000        9,444   

5.500%, 09/01/41

    330,000        270,595   

5.875%, 11/15/40

    10,000        8,511   

6.750%, 06/15/39 (a)

    170,000        158,418   

Media—(Continued)

  

Time Warner Cable, Inc.

   

8.250%, 04/01/19

    850,000      983,962   

8.750%, 02/14/19

    80,000        94,120   

Time Warner, Inc.

   

7.700%, 05/01/32

    800,000        1,007,292   

UBM plc

   

5.750%, 11/03/20 (144A)

    50,000        51,113   

Unitymedia Hessen GmbH & Co. KG / Unitymedia NRW GmbH

   

5.500%, 01/15/23 (144A)

    3,000,000        2,842,500   

Univision Communications, Inc.

   

6.875%, 05/15/19 (144A)

    1,000,000        1,070,000   

7.875%, 11/01/20 (144A) (a)

    2,700,000        2,953,125   

Viacom, Inc.

   

4.250%, 09/01/23

    1,100,000        1,094,025   
   

 

 

 
      30,646,695   
   

 

 

 

Mining—2.8%

  

AngloGold Ashanti Holdings plc

   

8.500%, 07/30/20 (a)

    1,720,000        1,767,300   

Barrick Gold Corp.

   

3.850%, 04/01/22 (a)

    280,000        247,630   

4.100%, 05/01/23

    1,430,000        1,259,255   

6.950%, 04/01/19

    380,000        433,606   

Barrick North America Finance LLC

   

4.400%, 05/30/21

    510,000        473,861   

BHP Billiton Finance USA, Ltd.

   

3.250%, 11/21/21

    590,000        585,514   

5.000%, 09/30/43

    750,000        763,867   

FMG Resources (August 2006) Pty, Ltd.

   

6.375%, 02/01/16 (144A) (a)

    4,280,000        4,376,300   

Freeport-McMoRan Copper & Gold, Inc.

   

3.100%, 03/15/20 (144A)

    930,000        874,495   

3.550%, 03/01/22

    515,000        473,645   

Midwest Vanadium Pty, Ltd.

   

11.500%, 02/15/18 (144A) (f)

    1,180,000        973,500   

Mirabela Nickel, Ltd.

   

8.750%, 04/15/18 (144A)

    270,000        105,300   

Molycorp, Inc.

   

10.000%, 06/01/20 (a)

    2,180,000        2,174,550   

Rio Tinto Finance USA, Ltd.

   

1.875%, 11/02/15

    10,000        10,147   

2.500%, 05/20/16

    70,000        72,066   

3.500%, 11/02/20

    100,000        99,395   

4.125%, 05/20/21 (a)

    130,000        132,191   

6.500%, 07/15/18

    430,000        507,079   

9.000%, 05/01/19

    620,000        804,561   

St Barbara, Ltd.

   

8.875%, 04/15/18 (144A) (a)

    980,000        855,050   

Thompson Creek Metals Co., Inc.

   

9.750%, 12/01/17 (a)

    2,780,000        3,016,300   

Vedanta Resources plc

   

6.750%, 06/07/16 (144A) (a)

    2,960,000        3,034,000   

8.250%, 06/07/21 (a)

    1,120,000        1,131,200   

8.750%, 01/15/14 (144A) (a)

    410,000        416,150   

 

MSF-209


Table of Contents

Metropolitan Series Fund

Western Asset Management Strategic Bond Opportunities Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Corporate Bonds & Notes—(Continued)

 

Security Description   Principal
Amount*
    Value  

Mining—(Continued)

  

Xstrata Finance Canada, Ltd.

   

2.050%, 10/23/15 (144A)

    1,440,000      $ 1,443,918   

2.700%, 10/25/17 (144A)

    720,000        716,073   
   

 

 

 
      26,746,953   
   

 

 

 

Miscellaneous Manufacturing—0.3%

  

Eaton Corp.

   

2.750%, 11/02/22 (144A)

    3,510,000        3,270,941   
   

 

 

 

Oil & Gas—7.7%

   

Anadarko Finance Co.

   

7.500%, 05/01/31 (a)

    80,000        99,730   

Anadarko Petroleum Corp.

   

6.375%, 09/15/17

    1,530,000        1,778,590   

Apache Corp.

   

3.250%, 04/15/22 (a)

    1,070,000        1,047,523   

BP Capital Markets plc

   

3.245%, 05/06/22

    800,000        772,414   

3.561%, 11/01/21

    100,000        99,469   

Chesapeake Energy Corp.

   

5.750%, 03/15/23

    4,000,000        4,010,000   

6.875%, 11/15/20

    760,000        820,800   

9.500%, 02/15/15 (a)

    1,020,000        1,123,275   

Concho Resources, Inc.

   

5.500%, 10/01/22 (a)

    220,000        219,450   

6.500%, 01/15/22

    2,800,000        3,003,000   

ConocoPhillips Holding Co.

   

6.950%, 04/15/29

    615,000        776,369   

Continental Resources, Inc.

   

4.500%, 04/15/23

    1,510,000        1,481,687   

7.125%, 04/01/21

    1,090,000        1,218,075   

Devon Energy Corp.

   

3.250%, 05/15/22 (a)

    280,000        268,025   

Devon Financing Corp. LLC

   

7.875%, 09/30/31

    140,000        180,289   

Ecopetrol S.A.

   

5.875%, 09/18/23

    441,000        458,640   

EXCO Resources, Inc.

   

7.500%, 09/15/18 (a)

    2,440,000        2,324,100   

Halcon Resources Corp.

   

8.875%, 05/15/21 (a)

    4,240,000        4,346,000   

Hercules Offshore, Inc.

   

7.125%, 04/01/17 (144A) (a)

    3,000,000        3,191,250   

8.750%, 07/15/21 (144A) (a)

    770,000        816,200   

Hess Corp.

   

7.875%, 10/01/29

    150,000        188,094   

8.125%, 02/15/19

    90,000        111,996   

Kerr-McGee Corp.

   

6.950%, 07/01/24

    360,000        421,464   

7.875%, 09/15/31

    405,000        511,032   

Kodiak Oil & Gas Corp.

   

8.125%, 12/01/19

    3,250,000        3,550,625   

Magnum Hunter Resources Corp.

   

9.750%, 05/15/20 (144A) (a)

    3,200,000        3,312,000   

MEG Energy Corp.

   

6.375%, 01/30/23 (144A)

    3,600,000        3,528,000   

6.500%, 03/15/21 (144A)

    290,000        292,175   

Oil & Gas—(Continued)

   

Murphy Oil USA, Inc.

   

6.000%, 08/15/23 (144A)

    660,000      656,700   

Occidental Petroleum Corp.

   

2.700%, 02/15/23 (a)

    660,000        609,763   

3.125%, 02/15/22

    440,000        424,472   

Pacific Drilling V, Ltd.

   

7.250%, 12/01/17 (144A) (a)

    1,760,000        1,892,000   

Parker Drilling Co.

   

9.125%, 04/01/18

    3,650,000        3,905,500   

Petrobras International Finance Co.

   

5.375%, 01/27/21

    6,020,000        6,047,602   

5.750%, 01/20/20

    513,000        533,040   

Plains Exploration & Production Co.

   

6.500%, 11/15/20

    250,000        268,231   

8.625%, 10/15/19

    205,000        226,522   

QEP Resources, Inc.

   

5.250%, 05/01/23

    2,650,000        2,471,125   

6.875%, 03/01/21

    2,130,000        2,263,125   

Quicksilver Resources, Inc.

   

11.000%, 07/01/21 (144A)

    1,270,000        1,203,325   

Range Resources Corp.

   

5.000%, 08/15/22

    870,000        841,725   

5.750%, 06/01/21 (a)

    570,000        598,500   

8.000%, 05/15/19

    2,830,000        3,038,712   

Reliance Holdings USA, Inc.

   

5.400%, 02/14/22

    1,860,000        1,863,932   

Samson Investment Co.

   

10.250%, 02/15/20 (144A) (a)

    3,750,000        3,975,000   

Sanchez Energy Corp.

   

7.750%, 06/15/21 (144A)

    1,650,000        1,608,750   

SandRidge Energy, Inc.

   

7.500%, 02/15/23

    200,000        198,000   

Sinopec Group Overseas Development 2012, Ltd.

   

2.750%, 05/17/17 (144A)

    690,000        703,385   

Transocean, Inc.

   

5.050%, 12/15/16

    290,000        317,808   

6.375%, 12/15/21

    430,000        477,974   
   

 

 

 
      74,075,463   
   

 

 

 

Oil & Gas Services—1.0%

   

Baker Hughes, Inc.

   

3.200%, 08/15/21 (a)

    480,000        483,324   

CGG S.A.

   

6.500%, 06/01/21 (a)

    2,840,000        2,896,800   

7.750%, 05/15/17

    555,000        569,569   

Exterran Holdings, Inc.

   

7.250%, 12/01/18 (a)

    2,020,000        2,138,675   

Key Energy Services, Inc.

   

6.750%, 03/01/21 (a)

    2,150,000        2,128,500   

SESI LLC

   

7.125%, 12/15/21

    1,050,000        1,147,125   
   

 

 

 
      9,363,993   
   

 

 

 

 

MSF-210


Table of Contents

Metropolitan Series Fund

Western Asset Management Strategic Bond Opportunities Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Corporate Bonds & Notes—(Continued)

 

Security Description   Principal
Amount*
    Value  

Packaging & Containers—0.8%

   

Ardagh Packaging Finance plc / Ardagh MP Holdings USA, Inc.

   

9.125%, 10/15/20 (144A) (a)

    5,200,000      $ 5,509,300   

Ball Corp.

   

4.000%, 11/15/23 (a)

    130,000        116,675   

5.000%, 03/15/22

    30,000        29,100   

5.750%, 05/15/21

    930,000        981,150   

Pactiv LLC

   

8.375%, 04/15/27

    1,050,000        955,500   

Rock Tenn Co.

   

3.500%, 03/01/20

    230,000        227,427   

4.000%, 03/01/23

    360,000        348,794   
   

 

 

 
      8,167,946   
   

 

 

 

Pharmaceuticals—0.6%

   

AbbVie, Inc.

   

1.750%, 11/06/17

    970,000        962,036   

2.900%, 11/06/22

    590,000        551,774   

Express Scripts Holding Co.

   

3.500%, 11/15/16

    1,410,000        1,492,269   

GlaxoSmithKline Capital plc

   

2.850%, 05/08/22

    590,000        566,092   

Lantheus Medical Imaging, Inc.

   

9.750%, 05/15/17 (a)

    1,510,000        1,351,450   

Pfizer, Inc.

   

6.200%, 03/15/19

    400,000        481,756   

Teva Pharmaceutical Finance Co. B.V.

   

3.650%, 11/10/21

    70,000        69,478   

Teva Pharmaceutical Finance IV B.V.

   

3.650%, 11/10/21

    100,000        99,254   

Wyeth LLC

   

5.950%, 04/01/37

    290,000        339,314   

Zoetis, Inc.

   

3.250%, 02/01/23 (144A)

    240,000        228,484   
   

 

 

 
      6,141,907   
   

 

 

 

Pipelines—2.3%

   

Access Midstream Partners L.P. / ACMP Finance Corp.

   

4.875%, 05/15/23

    3,400,000        3,196,000   

Atlas Pipeline Partners, L.P.

   

5.875%, 08/01/23 (144A)

    3,290,000        3,092,600   

El Paso LLC

   

7.800%, 08/01/31

    67,000        68,142   

El Paso Natural Gas Co. LLC

   

8.375%, 06/15/32

    190,000        247,395   

Enterprise Products Operating LLC

   

3.350%, 03/15/23

    2,440,000        2,309,306   

5.700%, 02/15/42

    330,000        344,171   

5.950%, 02/01/41

    160,000        172,437   

6.125%, 10/15/39

    60,000        66,384   

9.750%, 01/31/14

    1,010,000        1,039,310   

MarkWest Energy Partners L.P. / MarkWest Energy Finance Corp.

   

4.500%, 07/15/23 (a)

    2,070,000        1,950,975   

Pipelines—(Continued)

   

MarkWest Energy Partners L.P. / MarkWest Energy Finance Corp.

   

5.500%, 02/15/23

    1,350,000      1,353,375   

6.250%, 06/15/22

    970,000        1,020,925   

6.500%, 08/15/21 (a)

    910,000        973,700   

Regency Energy Partners L.P.

   

6.500%, 07/15/21

    950,000        997,500   

Rockies Express Pipeline LLC

   

6.000%, 01/15/19 (144A)

    3,260,000        2,868,800   

Southern Natural Gas Co. LLC

   

5.900%, 04/01/17 (144A)

    10,000        11,368   

8.000%, 03/01/32

    25,000        32,273   

Targa Resources Partners L.P. / Targa Resources Partners Finance Corp.

   

4.250%, 11/15/23 (144A) (a)

    1,580,000        1,429,900   

Williams Cos., Inc. (The)

   

7.500%, 01/15/31

    45,000        49,764   

7.750%, 06/15/31

    14,000        15,867   

7.875%, 09/01/21

    436,000        519,965   

8.750%, 03/15/32

    255,000        310,745   
   

 

 

 
      22,070,902   
   

 

 

 

Real Estate—0.2%

  

Country Garden Holdings Co., Ltd.

   

11.125%, 02/23/18

    324,000        361,260   

Howard Hughes Corp.

   

6.875%, 10/01/21 (144A)

    1,350,000        1,353,375   
   

 

 

 
      1,714,635   
   

 

 

 

Retail—0.9%

  

Arcos Dorados Holdings, Inc.

   

6.625%, 09/27/23 (144A)

    1,030,000        1,006,825   

CST Brands, Inc.

   

5.000%, 05/01/23 (144A)

    340,000        320,450   

CVS Caremark Corp.

   

2.750%, 12/01/22

    530,000        489,710   

CVS Pass-Through Trust

   

6.943%, 01/10/30

    753,653        876,646   

Dufry Finance SCA

   

5.500%, 10/15/20 (144A)

    4,130,000        4,164,742   

El Pollo Loco, Inc.

   

17.000%, 01/01/18 (144A) (g)

    1,868,713        1,962,167   

Limited Brands, Inc.

   

6.950%, 03/01/33 (a)

    60,000        58,650   
   

 

 

 
      8,879,190   
   

 

 

 

Semiconductors—0.1%

  

Magnachip Semiconductor Corp.

   

6.625%, 07/15/21 (144A) (a)

    530,000        523,375   
   

 

 

 

Software—0.4%

  

Activision Blizzard, Inc.

   

5.625%, 09/15/21 (144A)

    680,000        680,850   

6.125%, 09/15/23 (144A)

    580,000        582,900   

 

MSF-211


Table of Contents

Metropolitan Series Fund

Western Asset Management Strategic Bond Opportunities Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Corporate Bonds & Notes—(Continued)

 

Security Description   Principal
Amount*
    Value  

Software—(Continued)

  

First Data Corp.

   

7.375%, 06/15/19 (144A)

    2,210,000      $ 2,326,025   
   

 

 

 
      3,589,775   
   

 

 

 

Telecommunications—4.7%

  

AT&T, Inc.

   

4.350%, 06/15/45

    1,480,000        1,221,662   

4.450%, 05/15/21

    300,000        315,065   

5.500%, 02/01/18

    1,210,000        1,371,817   

5.550%, 08/15/41

    130,000        129,044   

Cellco Partnership / Verizon Wireless Capital LLC

   

8.500%, 11/15/18

    630,000        807,336   

Hughes Satellite Systems Corp.

   

7.625%, 06/15/21

    1,500,000        1,616,250   

Inmarsat Finance plc

   

7.375%, 12/01/17 (144A) (a)

    760,000        796,100   

Intelsat Jackson Holdings S.A.

   

5.500%, 08/01/23 (144A)

    3,160,000        2,954,600   

7.250%, 10/15/20

    830,000        886,025   

7.500%, 04/01/21

    2,673,000        2,886,840   

Rogers Communications, Inc.

   

6.800%, 08/15/18

    280,000        334,417   

SoftBank Corp.

   

4.500%, 04/15/20 (144A)

    1,360,000        1,306,960   

Sprint Capital Corp.

   

6.875%, 11/15/28

    5,290,000        4,721,325   

8.750%, 03/15/32 (a)

    2,520,000        2,560,950   

Sprint Communications Corp.

   

6.000%, 11/15/22 (a)

    3,160,000        2,907,200   

Telecom Italia Capital S.A.

   

7.175%, 06/18/19 (a)

    40,000        43,979   

Telefonica Emisiones S.A.U.

   

5.134%, 04/27/20

    140,000        143,337   

5.462%, 02/16/21

    140,000        143,355   

5.877%, 07/15/19

    140,000        151,638   

6.221%, 07/03/17

    40,000        44,177   

tw telecom holdings, Inc.

   

6.375%, 09/01/23 (144A) (a)

    1,240,000        1,233,800   

UPC Holding B.V.

   

9.875%, 04/15/18 (144A)

    395,000        428,575   

UPCB Finance III, Ltd.

   

6.625%, 07/01/20 (144A)

    700,000        742,000   

Verizon Communications, Inc.

   

2.450%, 11/01/22

    390,000        345,806   

4.500%, 09/15/20

    760,000        808,234   

5.150%, 09/15/23

    4,680,000        5,015,958   

6.350%, 04/01/19

    980,000        1,150,060   

6.400%, 09/15/33

    4,010,000        4,453,157   

6.550%, 09/15/43

    230,000        259,655   

Wind Acquisition Holdings Finance S.A.

   

12.250%, 07/15/17 (144A) (a) (g)

    3,378,754        3,336,520   

Windstream Corp.

   

7.500%, 04/01/23 (a)

    2,000,000        1,975,000   
   

 

 

 
      45,090,842   
   

 

 

 

Transportation—1.0%

  

CMA CGM S.A.

   

8.500%, 04/15/17 (144A) (a)

    1,500,000      1,410,000   

Florida East Coast Railway Corp.

   

8.125%, 02/01/17

    2,000,000        2,097,500   

Gulfmark Offshore, Inc.

   

6.375%, 03/15/22

    2,080,000        2,080,000   

Kansas City Southern de Mexico S.A. de C.V.

   

6.125%, 06/15/21

    595,000        672,350   

Navios Maritime Acquisition Corp.

   

8.625%, 11/01/17

    1,946,000        2,018,975   

Overseas Shipholding Group, Inc.

   

7.500%, 02/15/24 (c)

    340,000        289,000   

Watco Cos. LLC/ Watco Finance Corp.

   

6.375%, 04/01/23 (144A)

    1,280,000        1,267,200   
   

 

 

 
      9,835,025   
   

 

 

 

Total Corporate Bonds & Notes
(Cost $507,863,862)

      500,186,084   
   

 

 

 
U.S. Treasury & Government Agencies—15.4%   

Agency Sponsored Mortgage-Backed—12.1%

  

Fannie Mae 15 Yr. Pool

   

3.500%, TBA (h)

    8,400,000        8,863,312   

5.500%, 12/01/16

    11,915        12,541   

6.500%, 03/01/16

    769        800   

6.500%, 09/01/16

    9,673        10,085   

6.500%, 12/01/16

    11,596        12,207   

6.500%, 01/01/17

    8,205        8,697   

Fannie Mae 20 Yr. Pool

   

4.500%, 04/01/31

    339,805        366,969   

4.500%, 05/01/31

    964,687        1,048,399   

4.500%, 06/01/31

    342,352        372,022   

8.500%, 08/01/19

    22,286        24,621   

Fannie Mae 30 Yr. Pool

   

2.500%, 10/01/42

    1,143,004        1,063,099   

2.500%, TBA (h)

    2,700,000        2,508,469   

3.000%, TBA (h)

    2,500,000        2,442,187   

3.500%, TBA (h)

    1,500,000        1,526,953   

4.000%, TBA (h)

    11,900,000        12,481,984   

4.500%, 10/01/41

    1,514,694        1,620,404   

4.500%, TBA (h)

    4,600,000        4,912,656   

5.000%, 01/01/39

    32,651        35,672   

5.000%, 08/01/39

    89,729        98,127   

5.000%, 11/01/39

    19,008        20,776   

5.000%, 12/01/39

    51,985        56,743   

5.000%, 05/01/40

    120,407        131,700   

5.000%, 07/01/40

    88,628        96,928   

5.000%, 11/01/40

    2,536,280        2,774,092   

5.000%, 01/01/41

    78,092        85,330   

5.000%, 02/01/41

    128,135        138,841   

5.000%, 04/01/41

    271,023        296,250   

5.000%, 05/01/41

    5,542,062        6,057,938   

5.000%, 06/01/41

    503,068        550,090   

6.000%, 04/01/32

    88,376        96,528   

6.500%, 08/01/31

    1,453        1,607   

 

MSF-212


Table of Contents

Metropolitan Series Fund

Western Asset Management Strategic Bond Opportunities Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

U.S. Treasury & Government Agencies—(Continued)

 

Security Description   Principal
Amount*
    Value  

Agency Sponsored Mortgage-Backed—(Continued)

  

Fannie Mae 30 Yr. Pool

   

6.500%, 10/01/31

    2,201      $ 2,433   

6.500%, 03/01/32

    27,490        30,399   

6.500%, 06/01/37

    76,465        84,511   

7.000%, 05/01/26

    1,971        2,208   

7.000%, 07/01/30

    310        323   

7.000%, 12/01/30

    399        408   

7.000%, 01/01/31

    502        568   

7.000%, 07/01/31

    2,841        3,246   

7.000%, 09/01/31

    7,585        8,622   

7.000%, 10/01/31

    4,543        5,202   

7.000%, 11/01/31

    57,916        66,165   

7.000%, 01/01/32

    13,897        15,147   

7.000%, 02/01/32

    7,862        8,901   

7.500%, 12/01/29

    550        568   

7.500%, 02/01/30

    388        396   

7.500%, 06/01/30

    872        880   

7.500%, 08/01/30

    100        103   

7.500%, 09/01/30

    1,548        1,830   

7.500%, 11/01/30

    11,621        12,578   

7.500%, 02/01/31

    6,471        6,885   

7.500%, 07/01/31

    31,081        34,111   

8.000%, 08/01/27

    1,649        1,898   

8.000%, 07/01/30

    1,442        1,736   

8.000%, 09/01/30

    855        965   

8.000%, 01/01/31

    43,696        49,376   

Fannie Mae Pool

   

3.500%, 08/01/42

    1,445,483        1,455,479   

3.500%, 12/01/42

    777,843        785,634   

3.500%, 05/01/43

    197,691        199,675   

4.000%, 10/01/42

    388,382        404,726   

5.000%, 05/01/40

    103,187        112,736   

Fannie Mae REMICS (CMO)

   

Zero Coupon, 03/25/42 (i)

    349,470        332,326   

0.529%, 05/25/34 (b)

    319,545        318,687   

6.351%, 12/25/40 (b) (j)

    2,473,695        278,476   

6.351%, 01/25/41 (b) (j)

    3,243,156        454,026   

6.371%, 10/25/41 (b) (j)

    4,427,767        641,793   

6.421%, 04/25/42 (b) (j)

    2,554,215        430,231   

6.501%, 07/25/41 (b) (j)

    1,061,779        137,885   

9.750%, 11/25/18

    612,246        699,114   

9.750%, 08/25/19

    209,370        238,848   

10.400%, 04/25/19

    67        68   

Freddie Mac 15 Yr. Gold Pool

   

7.000%, 02/01/15

    2,374        2,382   

7.000%, 05/01/16

    11,080        11,608   

Freddie Mac 30 Yr. Gold Pool

   

3.500%, TBA (h)

    7,900,000        8,018,500   

5.000%, 12/01/34

    27,200        29,481   

5.000%, 11/01/41

    1,883,497        2,041,731   

6.000%, 12/01/36

    2,993        3,263   

6.000%, 02/01/37

    118,698        129,209   

6.500%, 09/01/31

    79,105        88,079   

7.000%, 03/01/39

    473,052        514,750   

Freddie Mac ARM Non-Gold Pool

   

1.945%, 02/01/37 (b)

    27,656        29,012   

1.955%, 04/01/37 (b)

    64,272        68,175   

Agency Sponsored Mortgage-Backed—(Continued)

  

Freddie Mac ARM Non-Gold Pool

   

1.970%, 03/01/37 (b)

    125,113      132,572   

2.546%, 01/01/38 (b)

    47,028        49,957   

2.557%, 05/01/37 (b)

    75,823        79,979   

2.620%, 05/01/37 (b)

    86,997        91,605   

2.834%, 02/01/36 (b)

    84,588        90,315   

Freddie Mac Gold Pool

   

3.500%, 04/01/43

    296,606        299,623   

4.000%, 10/01/42

    2,320,822        2,422,378   

Freddie Mac Multifamily Structured Pass-Through Certificates

   

1.207%, 01/25/20 (b) (j)

    211,347        11,053   

1.391%, 04/25/20 (b) (j)

    508,774        30,147   

1.597%, 12/25/21 (b) (j)

    2,305,136        207,183   

1.645%, 06/25/22 (b) (j)

    5,327,203        532,049   

1.663%, 08/25/20 (b) (j)

    299,023        22,627   

1.712%, 02/25/18 (b) (j)

    15,329,449        892,113   

1.734%, 10/25/21 (b) (j)

    6,403,539        632,381   

1.824%, 06/25/20 (b) (j)

    753,627        62,904   

1.836%, 07/25/21 (b) (j)

    4,363,874        442,938   

2.250%, 05/25/18 (b) (j)

    6,606,077        545,147   

Freddie Mac REMICS (CMO)

   

0.532%, 04/15/33 (b)

    97,580        97,604   

11.565%, 06/15/21 (j)

    14        288   

Ginnie Mae I 30 Yr. Pool

   

3.000%, TBA (h)

    7,900,000        7,787,671   

3.500%, TBA (h)

    2,100,000        2,158,734   

5.000%, 01/15/40

    362,190        401,803   

6.000%, 07/15/38

    45,531        50,263   

6.500%, 09/15/28

    2,435        2,731   

6.500%, 10/15/28

    1,630        1,827   

6.500%, 01/15/29

    20,121        22,559   

6.500%, 02/15/29

    40,155        45,044   

6.500%, 06/15/29

    8,820        9,894   

6.500%, 10/15/30

    2,252        2,524   

6.500%, 02/15/31

    3,250        3,643   

7.000%, 06/15/28

    24,941        28,053   

7.000%, 07/15/29

    1,440        1,627   

Ginnie Mae II 30 Yr. Pool

   

3.500%, TBA (h)

    9,500,000        9,799,845   

4.500%, 01/20/40

    54,178        59,073   

4.500%, 05/20/40

    56,234        60,877   

4.500%, 07/20/40

    3,205,873        3,470,567   

4.500%, 03/20/41

    55,401        59,883   

5.000%, 07/20/40

    1,783,181        1,955,236   

5.000%, 08/20/40

    901,327        997,484   

5.000%, 09/20/40

    98,541        108,003   

5.000%, 11/20/40

    48,824        53,461   

6.000%, 12/20/36

    26,077        28,759   

6.000%, 09/20/39

    622,515        684,680   

6.000%, 09/20/40

    36,055        39,858   

6.000%, 11/20/40

    582,374        646,183   

6.000%, 09/20/41

    117,234        129,321   

Ginnie Mae II ARM Pool

   

1.600%, 01/20/60 (b)

    1,000,505        1,019,256   

1.970%, 05/20/60 (b)

    917,606        944,810   

 

MSF-213


Table of Contents

Metropolitan Series Fund

Western Asset Management Strategic Bond Opportunities Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

U.S. Treasury & Government Agencies—(Continued)

 

Security Description   Principal
Amount*
    Value  

Agency Sponsored Mortgage-Backed—(Continued)

  

Government National Mortgage Association (CMO)

   

0.516%, 10/20/60 (b)

    4,365,210      $ 4,293,206   

0.636%, 02/20/61 (b)

    316,113        312,578   

0.686%, 01/20/61 (b)

    685,340        679,487   

0.686%, 03/20/61 (b)

    267,312        264,941   

1.184%, 05/20/60 (b)

    1,906,319        1,925,045   

1.330%, 11/20/59 (b)

    6,097,566        6,192,688   

6.320%, 03/20/39 (b) (j)

    520,258        77,756   

6.470%, 01/20/40 (b) (j)

    2,024,866        349,593   
   

 

 

 
      116,793,206   
   

 

 

 

Federal Agencies—1.7%

  

Farmer Mac Guaranteed Notes Trust

   

5.125%, 04/19/17 (144A)

    4,100,000        4,672,524   

Federal Home Loan Bank

   

3.625%, 10/18/13

    640,000        641,065   

5.500%, 07/15/36

    1,990,000        2,351,366   

Federal National Mortgage Association

   

Zero Coupon, 10/09/19

    1,670,000        1,416,315   

6.250%, 05/15/29

    1,890,000        2,418,970   

Tennessee Valley Authority

   

3.875%, 02/15/21

    150,000        161,134   

4.625%, 09/15/60

    1,260,000        1,194,548   

5.250%, 09/15/39

    750,000        817,514   

5.980%, 04/01/36

    2,490,000        3,012,350   
   

 

 

 
      16,685,786   
   

 

 

 

U.S. Treasury—1.6%

  

U.S. Treasury Bonds

   

2.750%, 08/15/42

    12,890,000        10,684,598   

2.750%, 11/15/42

    2,600        2,152   

2.875%, 05/15/43

    175,000        148,531   

3.625%, 08/15/43

    320,000        316,300   

U.S. Treasury Notes

   

0.250%, 06/30/14 (a)

    10,000        10,011   

0.375%, 11/15/15

    270,000        270,021   

0.625%, 04/30/18 (a)

    570,000        554,058   

0.750%, 03/31/18

    170,000        166,388   

1.375%, 07/31/18

    1,580,000        1,582,839   

1.500%, 08/31/18 (a)

    300,000        301,992   

2.000%, 09/30/20

    610,000        609,428   

2.500%, 08/15/23 (a)

    490,000        485,024   
   

 

 

 
      15,131,342   
   

 

 

 

Total U.S. Treasury & Government Agencies
(Cost $148,623,908)

      148,610,334   
   

 

 

 
Foreign Government—13.8%                

Regional Government—0.2%

   

Japan Finance Organization for Municipalities

   

4.000%, 01/13/21

    1,900,000        2,045,949   

Sovereign—13.6%

   

Argentina Boden Bonds

   

7.000%, 10/03/15

    6,920,000      6,126,891   

Brazil Notas do Tesouro Nacional

   

10.000%, 01/01/17 (BRL)

    18,099,000        7,885,679   

10.000%, 01/01/21 (BRL)

    53,647,000        22,403,598   

Japan Bank for International Cooperation

   

2.875%, 02/02/15

    1,580,000        1,630,606   

Mexican Bonos

   

6.500%, 06/09/22 (MXN)

    540,143,700        42,725,513   

8.000%, 06/11/20 (MXN)

    90,954,000        7,908,388   

Russian Federal Bond

   

7.000%, 01/25/23 (RUB)

    286,110,000        8,719,770   

7.600%, 07/20/22 (RUB)

    489,000,000        15,506,921   

Turkey Government International Bond

   

6.250%, 09/26/22

    4,810,000        5,171,952   

Venezuela Government International Bond

   

7.750%, 10/13/19

    15,230,000        12,663,745   
   

 

 

 
      130,743,063   
   

 

 

 

Total Foreign Government
(Cost $142,776,779)

      132,789,012   
   

 

 

 
Mortgage-Backed Securities—8.3%   

Collateralized Mortgage Obligations—7.1%

  

American Home Mortgage Investment Trust

   

0.399%, 06/25/45 (b)

    1,013,602        891,725   

0.469%, 11/25/45 (b)

    878,064        727,217   

Banc of America Funding Trust

   

0.350%, 05/20/36 (b)

    618,489        576,263   

Banc of America Mortgage Securities, Inc.

   

2.444%, 09/25/35 (b)

    263,413        244,358   

5.293%, 12/25/34 (b)

    17,317        16,932   

Bear Stearns ARM Trust

   

2.674%, 10/25/35 (b)

    2,491,416        2,414,930   

Bear Stearns Asset Backed Securities Trust

   

0.409%, 04/25/36 (b)

    1,292,232        867,989   

Citigroup Mortgage Loan Trust, Inc.

   

3.026%, 12/25/35 (b)

    3,049,075        2,233,966   

Countrywide Alternative Loan Trust

   

0.410%, 07/20/35 (b)

    173,796        146,207   

0.449%, 01/25/36 (b)

    411,454        330,693   

5.500%, 10/25/33

    18,051        19,097   

Countrywide Home Loan Mortgage Pass-Through Trust

   

0.539%, 03/25/35 (144A) (b)

    288,361        251,194   

2.465%, 11/25/34 (b)

    178,625        133,882   

Deutsche Alt-A Securities, Inc.

   

1.784%, 08/25/35 (b)

    80,547        60,301   

DSLA Mortgage Loan Trust

   

0.391%, 03/19/45 (b)

    291,434        244,639   

1.078%, 03/19/46

    171,287        114,463   

GreenPoint MTA Trust

   

0.399%, 06/25/45 (b)

    2,424,060        2,097,251   

 

MSF-214


Table of Contents

Metropolitan Series Fund

Western Asset Management Strategic Bond Opportunities Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Mortgage-Backed Securities—(Continued)

 

Security Description   Principal
Amount*
    Value  

Collateralized Mortgage Obligations—(Continued)

  

GSMPS Mortgage Loan Trust

   

0.579%, 04/25/36 (144A) (b)

    1,326,471      $ 1,109,476   

GSR Mortgage Loan Trust

   

2.817%, 10/25/35 (b)

    614,079        526,466   

HarborView Mortgage Loan Trust

   

0.431%, 01/19/36 (b)

    1,449,759        899,568   

0.531%, 01/19/35 (b)

    330,935        225,746   

0.581%, 11/19/34 (b)

    366,124        293,112   

1.179%, 11/25/47 (b)

    2,699,910        2,320,996   

Impac Secured Assets CMN Owner Trust

   

0.499%, 03/25/36 (b)

    1,462,182        984,483   

Impac Secured Assets Trust

   

0.529%, 08/25/36 (b)

    220,705        212,234   

IndyMac INDA Mortgage Loan Trust

   

3.065%, 11/25/37 (b)

    1,624,607        1,454,614   

IndyMac INDX Mortgage Loan Trust

   

0.899%, 01/25/35 (b)

    754,352        553,134   

2.545%, 03/25/35 (b)

    944,285        893,776   

4.548%, 08/25/37 (b)

    2,832,325        2,333,726   

JP Morgan Mortgage Trust

   

6.500%, 01/25/36

    178,717        159,158   

Lehman Mortgage Trust

   

6.451%, 02/25/37 (b) (j)

    11,476,790        2,959,095   

Lehman XS Trust

   

0.339%, 03/25/47 (b)

    4,493,136        2,970,947   

Luminent Mortgage Trust

   

0.369%, 05/25/46 (b)

    1,801,615        1,209,743   

MASTR Adjustable Rate Mortgages Trust

   

2.491%, 11/25/35 (144A) (b)

    102,559        66,986   

MASTR Seasoned Securities Trust

   

3.557%, 10/25/32 (b)

    312,315        310,544   

Merit Securities Corp.

   

1.679%, 09/28/32 (144A) (b)

    20,064        19,988   

Merrill Lynch Mortgage Investors Trust

   

5.054%, 05/25/34 (b)

    248,868        246,027   

Morgan Stanley Mortgage Loan Trust

   

0.499%, 01/25/35 (b)

    2,113,273        1,964,325   

2.825%, 03/25/36 (b)

    250,960        185,876   

Nomura Resecuritization Trust

   

2.482%, 08/26/34 (144A) (b)

    3,321,513        2,295,830   

NovaStar Mortgage-Backed Notes

   

0.369%, 09/25/46 (b)

    1,597,571        1,258,095   

Opteum Mortgage Acceptance Corp.

   

0.749%, 02/25/35 (b)

    5,000,000        4,603,670   

Prime Mortgage Trust

   

5.500%, 05/25/35 (144A)

    962,137        959,875   

6.000%, 05/25/35 (144A)

    3,839,437        3,849,068   

RALI Trust

   

0.359%, 12/25/36 (b)

    3,527,095        2,431,742   

0.369%, 05/25/47 (b)

    2,461,096        1,845,204   

0.379%, 05/25/47 (b)

    3,063,053        2,267,645   

0.389%, 04/25/46 (b)

    2,299,705        1,050,319   

0.439%, 04/25/46 (b)

    1,193,234        551,466   

0.509%, 04/25/46 (b)

    1,670,117        784,578   

RBSGC Mortgage Loan Trust

   

0.629%, 01/25/37 (b)

    1,667,445        1,135,239   

Collateralized Mortgage Obligations—(Continued)

  

Reperforming Loan REMIC Trust

   

0.599%, 11/25/34 (144A) (b)

    154,321      133,588   

Sequoia Mortgage Trust

   

1.113%, 06/20/33 (b)

    293,786        286,655   

Structured Adjustable Rate Mortgage Loan Trust

   

0.499%, 10/25/35 (b)

    140,885        118,473   

2.435%, 01/25/35 (b)

    1,178,766        1,133,690   

2.731%, 09/25/35 (b)

    1,428,612        1,221,369   

Structured Asset Mortgage Investments II Trust

   

0.389%, 05/25/46 (b)

    340,346        258,638   

2.541%, 08/25/35 (b)

    165,584        159,257   

WaMu Mortgage Pass-Through Certificates

   

0.449%, 12/25/45 (b)

    1,263,359        1,155,587   

0.459%, 11/25/45 (b)

    2,052,339        1,795,542   

0.469%, 07/25/45 (b)

    36,589        33,704   

0.469%, 10/25/45 (b)

    1,167,636        1,066,511   

0.963%, 07/25/47 (b)

    355,440        82,030   

2.320%, 09/25/36 (b)

    1,815,555        1,501,261   

2.382%, 09/25/36 (b)

    906,594        771,887   

2.436%, 10/25/34 (b)

    1,625,092        1,596,399   

Wells Fargo Mortgage Backed Securities Trust

   

2.630%, 10/25/35 (b)

    182,406        183,834   

2.680%, 04/25/36 (b)

    246,397        225,825   

2.701%, 06/25/35 (b)

    157,062        159,340   
   

 

 

 
      68,187,448   
   

 

 

 

Commercial Mortgage-Backed Securities—1.2%

  

Americold 2010 LLC Trust

   

4.954%, 01/14/29 (144A)

    500,000        532,416   

Banc of America Commercial Mortgage Trust

   

5.421%, 09/10/45 (b)

    359,000        384,550   

5.448%, 09/10/47

    150,000        158,500   

Bear Stearns Commercial Mortgage Securities Trust

   

5.898%, 06/11/40 (b)

    205,000        230,592   

5.915%, 06/11/50 (b)

    160,000        180,530   

CD 2006-CD2 Mortgage Trust

   

5.531%, 01/15/46 (b)

    100,000        105,838   

CD 2007-CD5 Mortgage Trust

   

6.323%, 11/15/44 (b)

    420,000        475,342   

COBALT CMBS Commercial Mortgage Trust

   

5.526%, 04/15/47 (b)

    295,000        325,908   

Credit Suisse Commercial Mortgage Trust

   

5.311%, 12/15/39

    400,000        436,594   

5.615%, 01/15/49 (b)

    140,000        148,678   

DBUBS Mortgage Trust

   

1.582%, 08/10/44 (144A) (b) (j)

    3,634,526        134,383   

Extended Stay America Trust

   

2.958%, 12/05/31 (144A)

    300,000        293,173   

Greenwich Capital Commercial Funding Corp.

   

6.056%, 07/10/38 (b)

    560,000        612,177   

GS Mortgage Securities Trust

   

1.899%, 08/10/44 (144A) (b) (j)

    1,383,066        103,744   

GS Mortgage Securities Trust

   

4.176%, 07/10/46 (b)

    270,000        279,558   

4.243%, 08/10/46

    140,000        145,367   

 

MSF-215


Table of Contents

Metropolitan Series Fund

Western Asset Management Strategic Bond Opportunities Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Mortgage-Backed Securities—(Continued)

 

Security Description   Principal
Amount*
    Value  

Commercial Mortgage-Backed Securities—(Continued)

  

JP Morgan Chase Commercial Mortgage Securities Trust

   

5.440%, 05/15/45

    487,000      $ 534,132   

5.593%, 05/12/45

    130,000        141,501   

6.078%, 02/12/51 (b)

    30,000        33,764   

LB-UBS Commercial Mortgage Trust

   

6.425%, 09/15/45 (b)

    280,000        316,370   

ML-CFC Commercial Mortgage Trust

   

5.204%, 12/12/49 (b)

    410,000        446,488   

5.485%, 03/12/51 (b)

    2,140,000        2,364,193   

6.093%, 08/12/49 (b)

    235,000        265,062   

Morgan Stanley Bank of America Merrill Lynch Trust

   

2.050%, 08/15/45 (144A) (b) (j)

    3,105,137        306,670   

2.918%, 02/15/46

    410,000        387,754   

3.456%, 05/15/46

    510,000        485,783   

UBS-Barclays Commercial Mortgage Trust

   

3.317%, 12/10/45 (144A)

    370,000        348,032   

Wachovia Bank Commercial Mortgage Trust

   

5.383%, 12/15/43

    360,000        383,253   

5.500%, 04/15/47

    70,000        77,865   

Wells Fargo Commercial Mortgage Trust

   

4.218%, 07/15/46 (b)

    200,000        207,015   

WFRBS Commercial Mortgage Trust

   

1.310%, 02/15/44 (144A) (b) (j)

    4,469,981        183,864   
   

 

 

 
      11,029,096   
   

 

 

 

Total Mortgage-Backed Securities
(Cost $79,971,828)

      79,216,544   
   

 

 

 
Asset-Backed Securities—4.2%   

Asset-Backed - Automobile—0.4%

  

Avis Budget Rental Car Funding AESOP LLC

   

1.920%, 09/20/19 (144A)

    570,000        558,482   

2.100%, 03/20/19 (144A)

    1,100,000        1,097,025   

2.802%, 05/20/18 (144A)

    675,000        697,833   

3.150%, 03/20/17 (144A)

    230,000        239,447   

Hertz Vehicle Financing LLC

   

1.830%, 08/25/19 (144A)

    790,000        772,322   

5.290%, 03/25/16 (144A)

    580,000        611,295   
   

 

 

 
      3,976,404   
   

 

 

 

Asset-Backed - Home Equity—0.9%

   

ABFC 2005-HE1 Trust

   

0.839%, 03/25/35 (b)

    2,482,334        1,788,261   

Accredited Mortgage Loan Trust

   

0.420%, 09/25/35 (b)

    48,196        47,386   

ACE Securities Corp.

   

0.519%, 01/25/36 (b)

    626,335        63,573   

Asset Backed Securities Corp.

   

3.032%, 04/15/33 (b)

    33,778        31,131   

Bear Stearns Asset Backed Securities Trust

   

0.919%, 01/25/34 (b)

    32,261        30,572   

Asset-Backed - Home Equity—(Continued)

  

EMC Mortgage Loan Trust

   

0.629%, 05/25/43 (144A) (b)

    1,128,185      $ 972,349   

0.879%, 01/25/41 (144A) (b)

    262,053        247,967   

Home Equity Mortgage Loan Asset-Backed Trust

   

0.439%, 06/25/36 (b)

    2,319,248        513,688   

Morgan Stanley Mortgage Loan Trust

   

0.479%, 03/25/36 (b)

    1,027,752        429,175   

SASCO Mortgage Loan Trust

   

0.459%, 04/25/35 (b)

    41,577        40,229   

Soundview Home Loan Trust

   

0.339%, 10/25/36 (b)

    5,272,497        4,041,005   

Structured Asset Securities Corp. Mortgage Loan Trust

   

0.399%, 02/25/36 (144A) (b)

    2,751,508        194,193   
   

 

 

 
      8,399,529   
   

 

 

 

Asset-Backed - Other—2.0%

   

ACE Securities Corp.

   

0.439%, 02/25/31 (b)

    324,852      $ 295,478   

Amortizing Residential Collateral Trust

   

1.179%, 10/25/34 (b)

    1,025,942        1,006,453   

1.979%, 08/25/32 (b)

    92,308        18,233   

Bear Stearns Asset Backed Securities Trust

   

6.000%, 10/25/36

    2,690,488        2,108,670   

Countrywide Asset-Backed Certificates

   

2.054%, 06/25/34 (b)

    236,508        155,543   

Countrywide Home Equity Loan Trust

   

0.322%, 07/15/36 (b)

    797,935        631,095   

0.482%, 12/15/33 (144A) (b)

    390,561        295,019   

First Horizon Asset Backed Trust

   

0.339%, 10/25/34 (b)

    140,700        115,870   

Greenpoint Manufactured Housing

   

2.949%, 03/18/29 (b)

    550,000        472,675   

3.584%, 06/19/29 (b)

    375,000        313,392   

3.684%, 02/20/30 (b)

    350,000        291,531   

GSAMP Trust

   

0.269%, 05/25/36 (b)

    746,488        149,111   

0.379%, 01/25/36 (b)

    109,602        13,070   

1.154%, 06/25/34 (b)

    670,000        602,621   

GSRPM Mortgage Loan Trust

   

0.479%, 03/25/35 (144A) (b)

    1,097,837        1,055,205   

HSI Asset Securitization Corp. Trust

   

0.599%, 11/25/35 (b)

    4,000,000        2,836,012   

Indymac Residential Asset Backed Trust

   

0.349%, 04/25/36 (b)

    287,141        166,873   

Lehman XS Trust

   

0.389%, 09/25/46 (b)

    441,058        294,530   

Long Beach Mortgage Loan Trust

   

0.699%, 01/21/31 (b)

    24,729        21,790   

Manufactured Housing Contract Trust Pass-Through Certificates

   

3.685%, 02/20/32 (b)

    400,000        356,304   

3.685%, 03/13/32 (b)

    625,000        545,442   

Mid-State Trust

   

7.340%, 07/01/35

    329,415        357,909   

 

MSF-216


Table of Contents

Metropolitan Series Fund

Western Asset Management Strategic Bond Opportunities Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Asset-Backed Securities—(Continued)

 

Security Description       
Principal
Amount*/
Shares
    Value  

Asset-Backed - Other—(Continued)

  

Origen Manufactured Housing Contract Trust

   

2.307%, 04/15/37 (b)

    2,544,873      $ 2,106,070   

2.493%, 10/15/37 (b)

    2,773,276        2,253,686   

RAAC Series Trust

   

0.429%, 02/25/37 (144A) (b)

    929,330        890,849   

SACO I, Trust

   

0.439%, 06/25/36 (b)

    624,153        550,524   

0.519%, 03/25/36 (b)

    181,899        161,813   

Sail Net Interest Margin Notes

   

5.500%, 03/27/34 (144A) (c)

    35,690        0   

7.750%, 04/27/33 (144A) (c)

    10,486        3   

Structured Asset Securities Corp.

   

0.509%, 02/25/35 (b)

    1,225,350        1,176,534   
   

 

 

 
      19,242,305   
   

 

 

 

Asset-Backed - Student Loan—0.9%

  

KeyCorp Student Loan Trust

   

0.526%, 10/25/32 (b)

    1,103,051        1,088,008   

Nelnet Student Loan Trust

   

0.818%, 03/22/32 (b)

    6,650,000        5,995,301   

Northstar Education Finance, Inc.

   

1.393%, 10/30/45 (b)

    100,000        65,352   

Pennsylvania Higher Education Assistance Agency

   

1.682%, 07/25/42 (b)

    1,500,000        1,468,926   
   

 

 

 
      8,617,587   
   

 

 

 

Total Asset-Backed Securities
(Cost $43,267,133)

      40,235,825   
   

 

 

 
Preferred Stocks—0.8%   

Commercial Banks—0.7%

   

GMAC Capital Trust I, 8.125%

    244,339        6,536,068   
   

 

 

 

Diversified Financial Services—0.1%

  

Citigroup Capital XIII, 7.875%

    35,900        986,173   
   

 

 

 

Total Preferred Stocks
(Cost $7,190,437)

      7,522,241   
   

 

 

 
Common Stocks—0.3%   

Marine—0.2%

  

Deep Ocean Group Holding A/S (e) (k) (l)

    44,744        1,373,130   
   

 

 

 

Real Estate Management & Development—0.1%

  

Realogy Holdings Corp. (a) (l)

    24,597        1,058,163   
   

 

 

 

Total Common Stocks
(Cost $1,652,339)

      2,431,293   
   

 

 

 
Municipals—0.3%   
Security Description   Shares/
Principal
Amount*/
Notional
    Value  

Virginia Housing Development Authority

   

6.000%, 06/25/34

    1,392,533      $ 1,353,987   

Student Loan Funding LLC

   

0.105%, 09/01/47 (b)

    1,550,000        1,550,000   
   

 

 

 

Total Municipals
(Cost $2,812,847)

      2,903,987   
   

 

 

 

Floating Rate Loans(b)—0.1%

 

  

Retail — 0.0%

  

El Pollo Loco, Inc. First Lien Term Loan

   

9.250%, 07/14/17

    323,400        330,272   
   

 

 

 

Software—0.1%

  

First Data Corp. Extended Term Loan

   

4.180%, 03/24/18

    1,047,353        1,039,499   
   

 

 

 

Total Floating Rate Loans
(Cost $1,359,254)

      1,369,771   
   

 

 

 
Purchased Options—0.1%   

Call Options—0.1%

  

OTC - 10 Year Interest Rate Swap,
Exercise Rate 2.650%,
Expires 01/08/14 (Counterparty - Bank of America Securities LLC)

    158,000,000        1,200,580   
   

 

 

 

Put Options—0.0%

   

EUR Currency, Strike Price $1.31,
Expires 10/18/13 (Counterparty - Bank of America Securities LLC)

    838,750        31,163   

EUR Currency, Strike Price $1.29,
Expires 10/18/13 (Counterparty - Bank of America Securities LLC)

    1,677,500        15,279   

EUR Currency, Strike Price $1.31,
Expires 10/03/13 (Counterparty - Bank of America Securities LLC)

    292,261        110   
   

 

 

 
      46,552   
   

 

 

 

Total Purchased Options
(Cost $3,088,948)

      1,247,132   
   

 

 

 
Warrant—0.0%                

Sovereign—0.0%

   

Venezuela Government Oil-Linked Payment Obligation,
Expires 04/15/20 (l)
(Cost $24,160)

    4,550        113,750   
   

 

 

 

 

MSF-217


Table of Contents

Metropolitan Series Fund

Western Asset Management Strategic Bond Opportunities Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Short-Term Investments—17.6%

 

Security Description   Shares/
Principal
Amount*
    Value  

Mutual Fund—9.0%

   

State Street Navigator Securities Lending MET Portfolio (m)

    86,731,354      $ 86,731,354   
   

 

 

 

Repurchase Agreements—8.6%

   

Barclays Capital, Inc.
Repurchase Agreement dated 09/30/13 at 0.020% to be repurchased at $49,323,027 on 10/01/13 collateralized by $50,436,000 U.S. Treasury Note at 2.000% due 09/30/20 with a value of $50,554,910.

    49,323,000        49,323,000   

Fixed Income Clearing Corp.
Repurchase Agreement dated 09/30/13 at 0.000% to be repurchased at $898,000 on 10/01/13, collateralized by $910,000 Federal Home Loan Mortgage Corp. at 2.060% due 10/17/22 with a value of $918,306.

    898,000        898,000   

RBS Securities, Inc.
Repurchase Agreement dated 09/30/13 at 0.030% to be repurchased at $32,777,027 on 10/01/13 collateralized by $33,956,000 U.S. Treasury Note at 0.750% due 12/31/17 with a value of $33,432,541.

    32,777,000        32,777,000   
   

 

 

 
      82,998,000   
   

 

 

 

Total Short-Term Investments
(Cost $169,729,354)

      169,729,354   
   

 

 

 

Total Investments—112.8%
(Cost $1,108,360,849) (n)

      1,086,355,327   

Other assets and liabilities (net)—(12.8)%

      (123,071,690
   

 

 

 
Net Assets—100.0%     $ 963,283,637   
   

 

 

 

 

* Principal amount stated in U.S. dollars unless otherwise noted.
(a) All or a portion of the security was held on loan. As of September 30, 2013, the market value of securities loaned was $88,500,797 and the collateral received consisted of cash in the amount of $86,731,354 and non-cash collateral with a value of $5,570,833. The cash collateral is invested in a money market fund managed by an affiliate of the custodian. The non-cash collateral received consists primarily of government securities and bank letters of credit, and is held for the benefit of the Portfolio at the Portfolio’s custodian. The Portfolio cannot repledge or resell this collateral.
(b) Variable or floating rate security. The stated rate represents the rate at September 30, 2013. Maturity date shown for callable securities reflects the earliest possible call date.
(c) Security is in default and/or issuer is in bankruptcy.
(d) Security is a “step-up” bond where coupon increases or steps up at a predetermined date. Rate shown is current coupon rate.
(e) Illiquid security. As of September 30, 2013, these securities represent 0.2% of net assets.
(f) Restricted securities are not registered under the Securities Act of 1933 and are subject to legal restrictions on resale. These securities generally may be resold in transactions exempt from registration or to the public if the securities are subsequently registered. Disposal of these securities may involve time-consuming negotiations and prompt sale at an acceptable price may be difficult. As of September 30, 2013, the market value of restricted securities was $973,503, which is 0.1% of net assets. See details shown in the Restricted Securities table that follows.
(g) Payment-in-kind security for which part of the income earned may be paid as additional principal.
(h) TBA (To Be Announced) Securities are purchased on a forward commitment basis with an approximate principal amount and no defined maturity date. The actual principal and maturity date will be determined upon settlement date.
(i) Principal only security.
(j) Interest only security.
(k) Security was valued in good faith under procedures approved by the Board of Trustees. As of September 30, 2013, these securities represent 0.1% of net assets.
(l) Non-income producing security.
(m) Represents investment of cash collateral received from securities lending transactions.
(n) As of September 30, 2013, the aggregate cost of investments was $1,108,360,849. The aggregate unrealized appreciation and depreciation of investments were $25,745,696 and $(47,751,218), respectively, resulting in net unrealized depreciation of $(22,005,522).
(144A)— Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of September 30, 2013, the market value of 144A securities was $198,072,849, which is 20.6% of net assets.
(ARM)— Adjustable-Rate Mortgage
(AUD)— Australian Dollar
(BRL)— Brazilian Real
(CMO)— Collateralized Mortgage Obligation
(LIBOR)— London InterBank Offered Rate
(MXN)— Mexican Peso
(REMIC)— Real Estate Mortgage Investment Conduit
(RUB)— Russian Ruble

 

MSF-218


Table of Contents

Metropolitan Series Fund

Western Asset Management Strategic Bond Opportunities Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

Restricted Securities

  

Acquisition
Date

   Principal
Amount
     Cost      Value  

Midwest Vanadium Pty, Ltd.

   05/05/11 - 05/24/11    $ 1,180,000       $ 1,216,875       $ 973,500   

Sail Net Interest Margin Notes

   12/17/04      10,486         779         3   

Sail Net Interest Margin Notes

   05/01/06 - 04/29/11      35,690         35,908         0   

Forward Foreign Currency Exchange Contracts

 

Contracts to Buy

    

Counterparty

   Settlement Date      In Exchange
for
     Unrealized
Appreciation/
(Depreciation)
 
CLP     7,480,000,000      

Bank of America N.A.

     10/25/13         USD        14,552,529       $ 221,400   
COP     26,757,500,000      

Bank of America N.A.

     10/25/13         USD        14,071,786         (61,957
DKK     54,360,000      

Bank of America N.A.

     10/25/13         USD        9,595,170         267,113   
EUR     1,100,759      

UBS AG

     11/15/13         USD        1,462,828         26,502   
HUF     25,711,830      

Bank of America N.A.

     10/25/13         USD        114,082         2,681   
INR     306,500,000      

Bank of America N.A.

     10/25/13         USD        4,536,037         328,528   
INR     317,300,000      

Bank of America N.A.

     10/25/13         USD        4,574,683         461,292   
SEK     35,670,000      

Citibank N.A.

     11/15/13         USD        5,418,255         126,367   
SGD     10,799,000      

Citibank N.A.

     11/15/13         USD        8,519,384         89,030   

Contracts to Deliver

                                 
AUD     16,183,323      

Bank of America N.A.

     10/25/13         USD        14,552,529         (522,097
AUD     4,477,000      

Goldman Sachs & Co.

     10/25/13         USD        4,116,825         (53,462
AUD     11,787,269      

Citibank N.A.

     11/15/13         USD        10,527,799         (436,948
CAD     5,400,000      

Goldman Sachs & Co.

     10/25/13         USD        5,213,110         (26,282
DKK     54,360,000      

Bank of America N.A.

     10/25/13         USD        9,625,719         (236,564
INR     623,800,000      

Bank of America N.A.

     10/25/13         USD        9,980,002         79,462   
JPY     3,964,000,000      

Bank of America N.A.

     10/25/13         USD        39,851,572         (481,190
MXN     188,070,000      

Barclays Bank plc

     10/25/13         USD        14,913,762         573,475   
PEN     38,781,000      

Bank of America N.A.

     10/25/13         USD        13,818,279         (68,101

Cross Currency Contracts to Buy

 

HUF

    1,351,431,135       Bank of America N.A.      10/25/13         NOK        36,450,000         (23,999

NOK

    36,450,000       Bank of America N.A.      10/25/13         HUF        1,377,142,965         (92,763

NOK

    195,564,500       Citibank N.A.      10/25/13         NZD        39,500,000         (260,915
               

 

 

 

Net Unrealized Depreciation

  

   $ (88,428
               

 

 

 

 

Futures Contracts           

Futures Contracts—Long

   Expiration
Date
     Number of
Contracts
    Notional
Amount
     Unrealized
Appreciation/
(Depreciation)
 

U.S. Treasury Note 10 Year Futures

     12/19/13         924        USD   114,823,019       $ 1,961,919   

Ultra Long U.S. Treasury Bond Futures

     12/19/13         297        USD     41,646,848         554,996   

Futures Contracts—Short

                          

U.S. Treasury Note 2 Year Futures

     12/31/13         (162     USD   (35,585,020)         (98,011

U.S. Treasury Note 5 Year Futures

     12/31/13         (17     USD     (2,029,093)         (28,704

U.S. Treasury Bond 30 Year Futures

     12/19/13         (101     USD   (13,059,609)         (411,266
          

 

 

 

Net Unrealized Appreciation

  

   $ 1,978,934   
          

 

 

 

 

Options Written                  

Foreign Currency Written Options

   Strike
Price
    

Counterparty

   Expiration
Date
     Notional
Amount
    Premiums
Received
    Market
Value
    Unrealized
Appreciation
 

Put - EUR Currency

   $ 1.28       Bank of America Securities LLC      10/03/13       $ (57,113,600   $ (244,741   $ (1   $ 244,740   
                 

 

 

 

 

MSF-219


Table of Contents

Metropolitan Series Fund

Western Asset Management Strategic Bond Opportunities Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Options Written—(Continued)

 

 

Interest Rate Swaptions

  Exercise
Rate
    Counterparty   Floating
Rate Index
  Pay/Receive
Floating Rate
    Expiration
Date
    Notional
Amount
    Premiums
Received
    Market
Value
    Unrealized
Appreciation/
 

Put - OTC - 10 Year Interest Rate Swap

    3.75   Bank of
America
Securities LLC
  3-Month
USD-LIBOR
    Pay        01/08/14      $  (158,000,000)      $ (1,690,535   $ (290,613   $ 1,399,923   
             

 

 

   

 

 

   

 

 

 

 

Swap Agreements              

Centrally cleared interest rate swap agreements

             

Pay/Receive
Floating Rate

   Floating Rate
Index
     Fixed
Rate
    Maturity
Date
     Notional
Amount
     Unrealized
Depreciation
 

Receive

     3-Month USD-LIBOR         3.100     01/10/24         USD 158,000,000       $ (2,991,430
             

 

 

 

 

(AUD)— Australian Dollar
(CAD)— Canadian Dollar
(CLP)— Chilean Peso
(COP)— Colombian Peso
(DKK)— Danish Krone
(EUR)— Euro
(HUF)— Hungarian Forint
(INR)— Indian Rupee
(JPY)— Japanese Yen
(LIBOR)— London InterBank Offered Rate
(MXN)— Mexican Peso
(NOK)— Norwegian Krone
(NZD)— New Zealand Dollar
(PEN)— Peruvian Nuevo Sol
(SEK)— Swedish Krona
(SGD)— Singapore Dollar
(USD)— United States Dollar

Fair Value Hierarchy

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to the Schedule of Investments.

 

MSF-220


Table of Contents

Metropolitan Series Fund

Western Asset Management Strategic Bond Opportunities Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Fair Value Hierarchy —(Continued)

 

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1     Level 2     Level 3      Total  

Total Corporate Bonds & Notes*

   $ —        $ 500,186,084      $ —         $ 500,186,084   

Total U.S. Treasury & Government Agencies*

     —          148,610,334        —           148,610,334   

Total Foreign Government*

     —          132,789,012        —           132,789,012   

Total Mortgage-Backed Securities*

     —          79,216,544        —           79,216,544   

Total Asset-Backed Securities*

     —          40,235,825        —           40,235,825   

Total Preferred Stocks*

     7,522,241        —          —           7,522,241   
Common Stocks          

Marine

     —          —          1,373,130         1,373,130   

Real Estate Management & Development

     1,058,163        —          —           1,058,163   

Total Common Stocks

     1,058,163        —          1,373,130         2,431,293   

Total Municipals

     —          2,903,987        —           2,903,987   

Total Floating Rate Loans*

     —          1,369,771        —           1,369,771   

Total Purchased Options*

     —          1,247,132        —           1,247,132   

Total Warrant*

     —          113,750        —           113,750   
Short-Term Investments          

Mutual Fund

     86,731,354        —          —           86,731,354   

Repurchase Agreements

     —          82,998,000        —           82,998,000   

Total Short-Term Investments

     86,731,354        82,998,000        —           169,729,354   

Total Investments

   $ 95,311,758      $ 989,670,439      $ 1,373,130       $ 1,086,355,327   
                                   

Collateral for securities loaned (Liability)

   $ —        $ (86,731,354   $ —         $ (86,731,354
Forward Contracts          

Forward Foreign Currency Exchange Contracts (Unrealized Appreciation)

   $ —        $ 2,175,850      $ —         $ 2,175,850   

Forward Foreign Currency Exchange Contracts (Unrealized Depreciation)

     —          (2,264,278     —           (2,264,278

Total Forward Contracts

   $ —        $ (88,428   $ —         $ (88,428
Futures Contracts          

Futures Contracts (Unrealized Appreciation)

   $ 2,516,915      $ —        $ —         $ 2,516,915   

Futures Contracts (Unrealized Depreciation)

     (537,981     —          —           (537,981

Total Futures Contracts

   $ 1,978,934      $ —        $ —         $ 1,978,934   
Written Options          

Foreign Currency Written Options at Value

   $ —        $ (1   $ —         $ (1

Interest Rate Swaptions at Value

     —          (290,613     —           (290,613

Total Written Options

   $ —        $ (290,614   $ —         $ (290,614
Centrally Cleared Swap Contracts          

Centrally Cleared Swap Contracts (Unrealized Depreciation)

   $ —        $ (2,991,430   $ —         $ (2,991,430

 

* See Schedule of Investments for additional detailed categorizations.

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:

 

Investments in Securities    Balance as of
December 31, 2012
     Change in
Unrealized
Appreciation
     Balance as of
September 30, 2013
     Change in Unrealized
Appreciation from investments
still held at September 30, 2013
 
Common Stocks            

Marine

   $ 907,078       $ 466,052       $ 1,373,130       $ 466,052   
           

 

 

 

 

MSF-221


Table of Contents

Metropolitan Series Fund

Western Asset Management U.S. Government Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

U.S. Treasury & Government Agencies—92.0% of Net Assets

 

Security Description   Principal
Amount*
    Value  
   

Agency Sponsored Mortgage-Backed—25.2%

  

Fannie Mae 15 Yr. Pool

   

2.500%, TBA (a)

    25,400,000      $ 25,542,875   

3.000%, TBA (a)

    24,600,000        25,468,687   

3.500%, TBA (a)

    13,300,000        14,033,577   

4.500%, 03/01/20

    148,443        161,145   

5.000%, 03/01/18

    244,670        260,366   

6.500%, 06/01/17

    71,977        76,178   

7.000%, 12/01/14

    1,778        1,818   

7.000%, 07/01/15

    546        548   

7.500%, 02/01/16

    22,146        22,402   

Fannie Mae 20 Yr. Pool

   

4.500%, 11/01/31

    1,882,344        2,030,853   

4.500%, 12/01/31

    2,387,741        2,576,137   

Fannie Mae 30 Yr. Pool

   

2.500%, TBA (a)

    2,700,000        2,508,469   

3.000%, 09/01/42

    14,354,583        14,039,302   

3.500%, TBA (a)

    193,000,000        196,467,978   

4.000%, 07/01/42

    6,012,831        6,315,412   

4.000%, 09/01/43

    774,304        798,258   

4.000%, TBA (a)

    40,400,000        42,375,810   

4.500%, 04/01/41

    20,511,831        21,970,261   

4.500%, 06/01/41

    1,818,270        1,943,535   

4.500%, 09/01/41

    3,206,620        3,424,229   

4.500%, 10/01/41

    15,875,745        16,966,325   

5.000%, 07/01/33

    719,189        781,953   

5.000%, 09/01/33

    851,364        926,148   

5.000%, 10/01/35

    2,374,260        2,582,019   

5.000%, 01/01/39

    32,651        35,672   

5.000%, 08/01/39

    89,729        98,127   

5.000%, 12/01/39

    51,985        56,744   

5.000%, 05/01/40

    120,407        131,700   

5.000%, 07/01/40

    101,429        110,929   

5.000%, 11/01/40

    2,471,247        2,702,962   

5.000%, 01/01/41

    78,092        85,330   

5.000%, 02/01/41

    128,135        138,841   

5.000%, 04/01/41

    271,023        296,250   

5.000%, 05/01/41

    5,327,899        5,823,709   

5.000%, 06/01/41

    420,769        460,098   

5.000%, 05/01/42

    657,332        715,875   

6.000%, 04/01/33

    185,544        205,330   

6.000%, 02/01/34

    40,830        45,178   

6.000%, 11/01/35

    419,572        464,444   

6.000%, 08/01/37

    906,832        1,003,507   

6.500%, 03/01/26

    1,847        2,044   

6.500%, 04/01/29

    101,227        112,079   

7.000%, 11/01/28

    2,870        3,223   

7.000%, 02/01/29

    3,922        4,367   

7.000%, 01/01/30

    2,516        2,620   

7.000%, 10/01/37

    79,411        83,939   

7.000%, 11/01/37

    60,735        71,537   

7.000%, 12/01/37

    64,850        74,544   

7.000%, 02/01/38

    89,358        105,762   

7.000%, 08/01/38

    90,013        105,238   

7.000%, 09/01/38

    7,241        7,903   

7.000%, 11/01/38

    490,175        550,792   

7.000%, 02/01/39

    4,272,466        4,736,846   
   

Agency Sponsored Mortgage-Backed—(Continued)

  

Fannie Mae 30 Yr. Pool

   

7.500%, 04/01/32

    15,086      15,616   

8.000%, 05/01/28

    4,918        5,685   

8.000%, 07/01/32

    1,258        1,466   

11.500%, 09/01/19

    31        32   

12.000%, 10/01/15

    1,350        1,358   

Fannie Mae ARM Pool

   

1.849%, 07/01/37 (b)

    96,798        102,615   

Fannie Mae Interest Strip (CMO)

   

3.500%, 11/25/41 (c)

    5,006,532        560,053   

4.000%, 04/25/42 (c)

    7,575,900        1,077,447   

4.500%, 11/25/39 (c)

    5,631,454        667,302   

Fannie Mae Pool

   

3.500%, 10/01/42

    12,213,606        12,298,035   

3.500%, 12/01/42

    1,944,005        1,963,474   

3.500%, 05/01/43

    494,228        499,189   

4.000%, 10/01/42

    3,398,341        3,541,352   

4.000%, 07/01/43

    99,514        103,691   

4.000%, 08/01/43

    2,193,324        2,285,235   

5.000%, 05/01/40

    51,594        56,368   

6.500%, 12/01/27

    5,511        6,091   

6.500%, 04/01/29

    3,646        4,029   

6.500%, 05/01/32

    73,284        79,511   

12.000%, 01/15/16

    207        208   

12.500%, 09/20/15

    52        52   

12.500%, 01/15/16

    754        758   

Fannie Mae REMICS (CMO)

   

Zero Coupon, 03/25/42 (d)

    1,310,511        1,246,221   

3.000%, 12/25/27 (c)

    14,313,728        1,939,733   

5.500%, 07/25/41

    6,901,619        7,719,247   

5.500%, 04/25/42

    5,700,000        6,285,316   

5.921%, 07/25/40 (b) (c)

    5,040,415        1,069,642   

5.921%, 09/25/42 (b) (c)

    2,390,732        486,892   

5.971%, 03/25/42 (b) (c)

    21,317,653        3,336,266   

5.971%, 12/25/42 (b) (c)

    1,733,595        414,428   

6.000%, 05/25/42

    5,099,750        5,629,563   

6.321%, 02/25/42 (b) (c)

    4,253,583        916,106   

6.351%, 12/25/40 (b) (c)

    3,451,668        388,571   

6.351%, 01/25/41 (b) (c)

    8,313,442        1,163,792   

6.371%, 07/25/39 (b) (c)

    2,915,097        601,543   

6.371%, 10/25/41 (b) (c)

    12,477,726        1,808,613   

6.421%, 10/25/40 (b) (c)

    8,261,367        1,887,450   

6.421%, 04/25/42 (b) (c)

    6,287,299        1,059,030   

6.471%, 02/25/41 (b) (c)

    1,783,811        321,576   

6.471%, 03/25/42 (b) (c)

    5,154,678        889,771   

6.500%, 06/25/39

    978,452        1,093,431   

6.500%, 07/25/42

    8,871,630        9,979,369   

9.750%, 11/25/18

    2,312,931        2,641,098   

9.750%, 08/25/19

    767,689        875,778   

Fannie Mae Whole Loan

   

3.478%, 01/25/43 (b)

    481,704        518,341   

Freddie Mac 30 Yr. Gold Pool

   

5.000%, 08/01/33

    56,748        61,204   

6.000%, 10/01/36

    2,546,936        2,812,560   

6.500%, 09/01/39

    959,239        1,061,823   

8.000%, 12/01/19

    3,514        3,571   

 

MSF-222


Table of Contents

Metropolitan Series Fund

Western Asset Management U.S. Government Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

U.S. Treasury & Government Agencies—(Continued)

 

Security Description   Principal
Amount*
    Value  
   

Agency Sponsored Mortgage-Backed—(Continued)

  

Freddie Mac 30 Yr. Gold Pool

   

8.000%, 09/01/30

    7,764      $ 9,594   

Freddie Mac 30 Yr. Non-Gold Pool

   

8.000%, 07/01/20

    6,780        7,301   

Freddie Mac ARM Non-Gold Pool

   

1.945%, 02/01/37 (b)

    20,114        21,100   

2.557%, 05/01/37 (b)

    55,261        58,290   

2.620%, 05/01/37 (b)

    63,270        66,622   

2.807%, 01/01/35

    31,917        34,174   

Freddie Mac Gold Pool

   

3.500%, 04/01/43

    593,211        599,245   

4.000%, 04/01/43

    2,382,320        2,486,754   

4.000%, 08/01/43

    1,396,101        1,457,164   

Freddie Mac REMICS (CMO)

   

4.500%, 04/15/32

    304,579        332,128   

5.868%, 09/15/39 (b) (c)

    4,242,717        783,120   

5.968%, 10/15/42 (b) (c)

    3,117,860        671,632   

5.968%, 11/15/42 (b) (c)

    2,776,826        633,910   

6.000%, 05/15/36

    1,908,692        2,104,251   

6.418%, 11/15/41 (b) (c)

    5,857,071        1,059,669   

8.500%, 06/15/21

    29,017        32,591   

Ginnie Mae I 30 Yr. Pool

   

3.500%, TBA (a)

    4,000,000        4,111,875   

4.000%, TBA (a)

    15,400,000        16,242,188   

5.500%, 06/15/36

    1,202,037        1,329,437   

6.000%, 03/15/33

    1,710,865        1,918,110   

6.500%, 06/15/31

    7,997        8,972   

6.500%, 08/15/34

    323,821        363,405   

7.500%, 01/15/29

    12,103        13,275   

7.500%, 09/15/29

    3,133        3,583   

7.500%, 02/15/30

    4,085        4,670   

8.500%, 05/15/18

    10,206        10,253   

8.500%, 06/15/25

    53,238        58,379   

9.000%, 12/15/16

    2,487        2,499   

Ginnie Mae II 30 Yr. Pool

   

3.500%, TBA (a)

    1,800,000        1,856,813   

4.000%, TBA (a)

    11,000,000        11,642,813   

4.500%, 01/20/40

    2,058,773        2,244,778   

4.500%, 05/20/40

    2,924,187        3,165,603   

4.500%, 07/20/40

    4,864,083        5,265,688   

4.500%, 09/20/40

    56,812        61,625   

4.500%, 11/20/40

    555,297        601,220   

4.500%, 12/20/40

    1,374,756        1,484,037   

4.500%, 01/20/41

    425,077        460,048   

4.500%, 07/20/41

    3,025,615        3,260,448   

5.000%, 07/20/40

    2,226,738        2,440,423   

6.000%, 11/20/34

    3,532        3,976   

6.000%, 06/20/35

    5,887        6,532   

6.000%, 07/20/36

    429,250        473,367   

6.000%, 09/20/36

    20,466        22,565   

6.000%, 07/20/38

    1,255,367        1,381,427   

6.000%, 09/20/38

    3,540,086        3,892,749   

6.000%, 06/20/39

    10,544        11,607   

6.000%, 05/20/40

    277,155        304,848   

6.000%, 06/20/40

    748,027        825,061   

6.000%, 08/20/40

    360,874        397,563   
   

Agency Sponsored Mortgage-Backed—(Continued)

  

Ginnie Mae II 30 Yr. Pool

   

6.000%, 09/20/40

    927,565      1,025,402   

6.000%, 10/20/40

    571,283        632,214   

6.000%, 11/20/40

    708,292        785,897   

6.000%, 01/20/41

    821,870        909,529   

6.000%, 03/20/41

    3,185,986        3,526,622   

6.000%, 07/20/41

    695,550        769,588   

6.000%, 12/20/41

    516,898        576,200   

6.500%, 10/20/37

    924,544        1,035,511   

Government National Mortgage Association (CMO)

   

0.566%, 12/20/60 (b)

    23,214,299        22,873,188   

0.586%, 12/20/60 (b)

    8,556,224        8,431,175   

0.666%, 03/20/61 (b)

    6,639,072        6,574,932   

0.686%, 12/20/60 (b)

    62,732,060        62,182,884   

5.918%, 08/16/42 (b) (c)

    2,867,154        418,431   

6.320%, 03/20/39 (b) (c)

    1,300,934        194,432   

6.470%, 01/20/40 (b) (c)

    2,821,051        487,054   
   

 

 

 
      663,640,818   
   

 

 

 

Federal Agencies—31.1%

  

Federal Farm Credit Bank

   

0.250%, 07/28/14

    20,000,000        20,018,320   

0.250%, 01/07/15

    20,000,000        20,005,180   

0.390%, 05/09/16

    20,000,000        19,873,820   

0.540%, 06/06/16

    20,000,000        19,944,460   

0.820%, 02/21/17

    20,000,000        19,888,240   

0.875%, 06/14/16

    20,000,000        20,001,520   

1.500%, 11/16/15 (e)

    20,000,000        20,459,340   

1.950%, 11/15/17

    19,980,000        20,491,148   

2.625%, 04/17/14

    25,000,000        25,343,400   

Federal Home Loan Bank

   

0.290%, 11/08/13

    40,000,000        40,008,640   

2.125%, 06/09/23

    17,700,000        15,807,640   

2.750%, 06/08/18

    15,000,000        15,802,635   

3.625%, 10/18/13

    20,000,000        20,033,280   

5.250%, 12/11/20 (e)

    12,000,000        14,131,248   

Federal Home Loan Bank of Chicago

   

5.625%, 06/13/16

    23,170,000        26,083,025   

Federal Home Loan Mortgage Corp.

   

1.250%, 10/02/19 (e)

    6,500,000        6,210,653   

2.375%, 01/13/22 (e)

    73,000,000        71,050,608   

5.000%, 12/14/18 (e)

    13,241,000        15,524,318   

6.750%, 03/15/31 (e)

    5,000,000        6,777,255   

Federal National Mortgage Association

   

Zero Coupon, 10/09/19

    50,000,000        42,404,650   

0.500%, 10/22/15

    30,000,000        30,006,210   

0.550%, 09/06/16

    22,600,000        22,468,671   

0.625%, 08/26/16 (e)

    20,000,000        19,941,120   

0.700%, 05/22/17

    8,375,000        8,202,249   

5.125%, 01/02/14

    37,250,000        37,729,929   

6.625%, 11/15/30

    6,000,000        8,019,930   

Financing Corp. Fico

   

Zero Coupon, 12/27/18

    16,254,000        14,868,184   

Zero Coupon, 06/06/19

    27,884,000        24,951,356   

Zero Coupon, 09/26/19

    14,535,000        12,748,169   

 

MSF-223


Table of Contents

Metropolitan Series Fund

Western Asset Management U.S. Government Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

U.S. Treasury & Government Agencies—(Continued)

 

Security Description   Principal
Amount*
    Value  
   

Federal Agencies—(Continued)

  

Government Trust Certificate

   

Zero Coupon, 10/01/16

    8,567,000      $ 8,219,702   

National Archives Facility Trust

   

8.500%, 09/01/19

    3,108,989        3,794,443   

New Valley Generation II

   

5.572%, 05/01/20

    9,970,336        11,216,629   

Overseas Private Investment Corp.

   

Zero Coupon, 11/18/13

    5,000,000        5,092,400   

Zero Coupon, 03/15/18

    5,000,000        5,218,835   

2.310%, 11/15/30

    10,000,000        9,200,040   

Residual Funding Corp. Principal Strip

   

Zero Coupon, 10/15/20

    38,159,000        31,966,634   

Tennessee Valley Authority

   

1.750%, 10/15/18 (e)

    20,000,000        19,997,400   

3.875%, 02/15/21

    35,000,000        37,597,945   

4.500%, 04/01/18 (e)

    20,000,000        22,533,720   

5.500%, 07/18/17

    21,306,000        24,602,507   
   

 

 

 
      818,235,453   
   

 

 

 

U.S. Treasury—35.7%

  

U.S. Treasury Bonds

   

3.625%, 08/15/43 (e)

    700,000        691,907   

8.000%, 11/15/21

    12,800,000        18,319,001   

U.S. Treasury Inflation Indexed Bond

   

0.750%, 02/15/42

    3,514,852        3,008,218   

U.S. Treasury Inflation Indexed Note

   

0.125%, 01/15/23

    8,096,000        7,875,886   

U.S. Treasury Notes

   

0.125%, 07/31/14 (e)

    31,000,000        31,007,254   

0.250%, 05/31/14 (e)

    21,000,000        21,022,974   

0.250%, 06/30/14 (e)

    94,000,000        94,106,502   

0.250%, 07/15/15 (e)

    260,000,000        259,807,080   

0.250%, 10/15/15 (e)

    64,000,000        63,880,000   

0.750%, 06/30/17 (e)

    174,000,000        172,599,822   

1.500%, 07/31/16 (e)

    92,000,000        94,328,704   

1.625%, 11/15/22

    4,000,000        3,703,436   

2.000%, 09/30/20

    10,000,000        9,990,620   

2.375%, 02/28/15 (e)

    68,000,000        70,077,196   

3.125%, 01/31/17 (e)

    84,000,000        90,450,948   
   

 

 

 
      940,869,548   
   

 

 

 

Total U.S. Treasury & Government Agencies
(Cost $2,410,002,550)

      2,422,745,819   
   

 

 

 
Corporate Bonds & Notes—10.5%   

Banks—2.2%

   

National Australia Bank, Ltd.

   

1.250%, 03/08/18 (144A)

    13,000,000        12,710,295   

National Bank of Canada

   

2.200%, 10/19/16 (144A) (e)

    13,000,000        13,469,339   

Royal Bank of Canada

   

2.000%, 10/01/19

    10,000,000        10,025,700   

Stadshypotek AB

   

1.875%, 10/02/19 (144A) (e)

    5,000,000        4,834,000   
   

Banks—(Continued)

  

UBS AG

   

0.750%, 03/24/17 (144A) (e)

    16,000,000      15,906,240   
   

 

 

 
      56,945,574   
   

 

 

 

Diversified Financial Services—8.0%

   

COP I LLC

   

3.650%, 12/05/21

    10,592,217        11,340,229   

MSN 41079 & 41084, Ltd.

   

1.717%, 07/13/24

    9,248,637        8,923,251   

National Credit Union Administration Guaranteed Notes

   

3.450%, 06/12/21

    45,000,000        47,038,500   

NCUA Guaranteed Notes

   

3.000%, 06/12/19

    16,250,000        17,129,775   

Postal Square, L.P.

   

6.500%, 06/15/22

    9,836,820        11,685,885   

Private Export Funding Corp.

   

1.375%, 02/15/17

    25,000,000        25,194,350   

2.250%, 12/15/17

    40,000,000        41,468,200   

3.050%, 10/15/14

    20,000,000        20,578,420   

4.950%, 11/15/15 (e)

    25,000,000        27,296,750   
   

 

 

 
      210,655,360   
   

 

 

 

Oil & Gas—0.3%

   

Petroleos Mexicanos

   

1.700%, 12/20/22

    9,500,000        9,343,326   
   

 

 

 

Total Corporate Bonds & Notes
(Cost $277,452,161)

      276,944,260   
   

 

 

 
Mortgage-Backed Securities—4.7%   

Collateralized Mortgage Obligations—2.9%

  

American Home Mortgage Assets LLC

   

0.369%, 09/25/46 (b)

    1,107,331        735,936   

0.369%, 12/25/46 (b)

    3,176,674        2,109,950   

Banc of America Funding Corp.

   

2.384%, 06/20/35 (b)

    469,898        281,314   

Banc of America Mortgage 2005-F Trust

   

2.739%, 07/25/35 (b)

    199,758        188,163   

Citigroup Mortgage Loan Trust, Inc.

   

2.510%, 10/25/35 (b)

    374,846        362,688   

Countrywide Alternative Loan Trust

   

0.380%, 07/20/46 (b)

    4,125,605        2,283,481   

0.410%, 07/20/35 (b)

    1,532,396        1,289,137   

0.469%, 05/25/34 (b)

    3,787,640        3,634,733   

Countrywide Home Loan Mortgage Pass-Through Trust

   

0.539%, 03/25/35 (144A) (b)

    164,778        143,540   

0.599%, 07/25/36 (144A) (b)

    1,350,903        1,173,291   

Deutsche Mortgage Securities, Inc.

   

5.233%, 06/26/35 (144A) (b)

    4,009,270        4,048,765   

FDIC Structured Sale Guaranteed Notes

   

0.732%, 02/25/48 (144A) (b)

    2,323,740        2,322,081   

First Horizon Alternative Mortgage Securities

   

0.549%, 02/25/37 (b)

    370,977        231,987   

 

MSF-224


Table of Contents

Metropolitan Series Fund

Western Asset Management U.S. Government Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Mortgage-Backed Securities—(Continued)

 

Security Description   Principal
Amount*
    Value  
   

Collateralized Mortgage Obligations—(Continued)

  

GMAC Mortgage Corp. Loan Trust

   

3.068%, 11/19/35 (b)

    1,002,115      $ 916,184   

Greenpoint Mortgage Funding Trust

   

0.259%, 02/25/47 (b)

    240,918        194,902   

GSMPS Mortgage Loan Trust

   

0.529%, 01/25/35 (144A) (b)

    531,455        445,247   

0.579%, 06/25/34 (144A) (b)

    920,924        804,343   

3.437%, 06/25/34 (144A) (b)

    5,470,684        4,929,644   

GSR Mortgage Loan Trust

   

2.621%, 04/25/35 (b)

    1,149,818        1,088,293   

HarborView Mortgage Loan Trust

   

0.331%, 01/25/47 (b)

    520,787        386,757   

0.361%, 11/19/46 (b)

    182,800        122,829   

0.381%, 09/19/46 (b)

    442,945        322,586   

Impac Secured Assets CMN Owner Trust

   

0.499%, 03/25/36 (b)

    5,694,946        3,834,390   

JPMorgan Mortgage Trust

   

2.160%, 06/25/34 (b)

    348,959        342,121   

Luminent Mortgage Trust

   

0.369%, 05/25/46 (b)

    3,541,104        2,377,770   

MASTR Adjustable Rate Mortgages Trust

   

0.379%, 05/25/47 (b)

    7,190,468        4,516,477   

0.953%, 12/25/46 (b)

    6,749,896        3,541,920   

2.171%, 02/25/34 (b)

    292,986        290,094   

3.352%, 12/25/34 (b)

    25,385        24,784   

MASTR Reperforming Loan Trust

   

0.529%, 05/25/35 (144A) (b)

    447,482        378,618   

3.644%, 05/25/35 (144A) (b)

    5,389,686        4,385,765   

4.894%, 05/25/36 (144A) (b)

    4,352,358        4,083,822   

6.000%, 08/25/34 (144A)

    112,361        115,603   

7.000%, 08/25/34 (144A)

    540,083        559,229   

MASTR Seasoned Securities Trust

   

3.557%, 10/25/32 (b)

    29,724        29,555   

Merrill Lynch Mortgage Investors Trust

   

0.449%, 04/25/35 (b)

    71,952        68,691   

Morgan Stanley Mortgage Loan Trust

   

0.249%, 06/25/36 (b)

    823,611        394,715   

2.489%, 07/25/35 (b)

    469,540        392,772   

2.493%, 10/25/34 (b)

    240,824        242,248   

NovaStar Mortgage-Backed Notes

   

0.369%, 09/25/46 (b)

    3,140,053        2,472,808   

Provident Funding Mortgage Loan Trust

   

2.640%, 10/25/35 (b)

    185,954        181,800   

2.735%, 05/25/35 (b)

    1,212,060        1,179,943   

RALI Trust

   

0.339%, 01/25/37 (b)

    590,107        394,470   

0.579%, 10/25/45 (b)

    554,346        394,528   

3.697%, 12/25/35 (b)

    2,971,097        2,310,263   

RFMSI Trust

   

4.750%, 12/25/18

    547,327        559,004   

SACO I, Inc.

   

9.263%, 06/25/21 (144A) (b)

    2,185,268        2,231,934   

Structured Adjustable Rate Mortgage Loan Trust

   

2.517%, 05/25/35 (b)

    5,808,191        5,311,073   

Structured Asset Mortgage Investments II Trust

   

0.359%, 07/25/46 (b)

    322,536        234,542   
   

Collateralized Mortgage Obligations—(Continued)

  

Structured Asset Securities Corp.

   

0.529%, 04/25/35 (144A) (b)

    3,951,629      3,220,281   

3.464%, 06/25/35 (144A) (b)

    224,304        199,347   

Structured Asset Securities Corp. Mortgage Loan Trust

   

0.979%, 09/25/33 (144A) (b)

    46,545        42,687   

Thornburg Mortgage Securities Trust

   

6.091%, 09/25/37 (b)

    115,937        113,676   

6.098%, 09/25/37 (b)

    115,511        120,153   

WaMu Mortgage Pass-Through Certificates

   

0.439%, 11/25/45 (b)

    105,248        93,907   

0.449%, 12/25/45 (b)

    2,705,616        2,433,263   

0.469%, 12/25/45 (b)

    222,733        195,294   

0.499%, 08/25/45 (b)

    252,602        233,900   

0.579%, 08/25/45 (b)

    519,045        441,859   

0.903%, 06/25/47 (b)

    289,606        239,186   

2.444%, 04/25/35 (b)

    100,000        92,150   
   

 

 

 
      76,290,493   
   

 

 

 

Commercial Mortgage-Backed Securities—1.8%

  

Banc of America Commercial Mortgage Trust

   

6.395%, 02/10/51 (b)

    80,000        91,571   

FDIC Structured Sale Guaranteed Notes

   

2.980%, 12/06/20 (144A)

    16,579,294        17,130,108   

NCUA Guaranteed Notes Trust

   

2.900%, 10/29/20

    30,000,000        31,161,300   
   

 

 

 
      48,382,979   
   

 

 

 

Total Mortgage-Backed Securities
(Cost $130,602,546)

      124,673,472   
   

 

 

 
Foreign Government—3.1%   

Sovereign—3.1%

  

Egypt Government AID Bonds

   

4.450%, 09/15/15

    20,000,000        21,521,060   

Israel Government AID Bonds

   

Zero Coupon, 08/15/16

    28,251,000        27,511,219   

Zero Coupon, 09/15/16

    10,000,000        9,719,650   

Zero Coupon, 11/15/18

    20,869,000        19,060,722   

Province of British Columbia

   

2.650%, 09/22/21 (e)

    4,000,000        3,974,720   
   

 

 

 

Total Foreign Government
(Cost $82,044,374)

      81,787,371   
   

 

 

 
Asset-Backed Securities—0.9%   

Asset-Backed - Credit Card—0.0%

  

Compucredit Acquired Portfolio Voltage Master Trust

   

0.352%, 09/17/18 (144A) (b)

    286,557        286,557   
   

 

 

 

Asset-Backed - Home Equity—0.1%

  

Bayview Financial Acquisition Trust

   

0.764%, 08/28/44 (b)

    5,067        5,033   

 

MSF-225


Table of Contents

Metropolitan Series Fund

Western Asset Management U.S. Government Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

Asset-Backed Securities—(Continued)

 

Security Description       
Principal
Amount*
    Value  
   

Asset-Backed - Home Equity—(Continued)

  

Bayview Financial Asset Trust

   

0.779%, 12/25/39 (144A) (b)

    330,234      $ 306,027   

EMC Mortgage Loan Trust

   

0.629%, 12/25/42 (144A) (b)

    92,642        81,813   

Home Equity Mortgage Loan Asset-Backed Trust

   

0.439%, 06/25/36 (b)

    4,597,808        1,018,364   

Morgan Stanley Mortgage Loan Trust

   

0.269%, 12/25/36 (b)

    287,691        149,641   

0.479%, 03/25/36 (b)

    2,020,065        843,551   

Option One Mortgage Loan Trust

   

0.759%, 06/25/33 (b)

    138,053        127,358   

Structured Asset Securities Corp. Mortgage Loan Trust

   

0.399%, 02/25/36 (144A) (b)

    4,933,739        348,208   
   

 

 

 
      2,879,995   
   

 

 

 

Asset-Backed - Other—0.4%

  

ACE Securities Corp.

   

0.439%, 02/25/31 (b)

    638,503        580,767   

Amortizing Residential Collateral Trust

   

0.864%, 01/01/32 (b)

    72,541        63,639   

Countrywide Home Equity Loan Trust

   

0.322%, 07/15/36 (b)

    1,582,112        1,251,310   

0.332%, 11/15/36 (b)

    68,579        54,345   

0.462%, 02/15/34 (b)

    374,362        311,049   

0.472%, 02/15/34 (b)

    219,504        182,387   

Fremont Home Loan Trust

   

0.279%, 08/25/36 (b)

    188,201        70,901   

GMAC Mortgage Corp. Loan Trust

   

0.359%, 12/25/36 (b)

    743,417        627,038   

0.389%, 11/25/36 (b)

    4,072,170        3,127,447   

GSAMP Trust

   

0.269%, 05/25/36 (b)

    1,291,543        257,986   

GSR Mortgage Loan Trust

   

0.719%, 11/25/30 (b)

    11,887        1,895   

Ownit Mortgage Loan Trust

   

3.638%, 12/25/36

    1,381,255        608,008   

RAAC Series

   

0.449%, 05/25/36 (144A) (b)

    2,120,144        1,821,517   

SACO I, Inc.

   

0.439%, 06/25/36 (b)

    1,105,955        975,490   

0.479%, 04/25/36 (b)

    443,999        341,901   

0.699%, 06/25/36 (b)

    18,281        19,724   

Soundview Home Loan Trust

   

5.645%, 10/25/36

    383,258        310,578   

WMC Mortgage Loan Trust

   

0.810%, 07/20/29 (b)

    29,835        27,798   
   

 

 

 
      10,633,780   
   

 

 

 

Asset-Backed - Student Loan—0.4%

  

NCUA Guaranteed Notes Trust 2010-A1

   

0.532%, 12/07/20 (b)

    10,773,830        10,785,250   
   

 

 

 

Total Asset-Backed Securities
(Cost $33,466,393)

      24,585,582   
   

 

 

 
Short-Term Investments—9.3%   
Security Description   Shares/
Principal
Amount*
    Value  
   

Mutual Fund—9.2%

  

State Street Navigator Securities Lending MET Portfolio (f)

    241,254,241      241,254,241   
   

 

 

 

Repurchase Agreement—0.1%

  

Deutsche Bank Securities, Inc. Repurchase Agreement dated 09/30/13 at 0.090% to be repurchased at $2,800,007 on 10/01/2013, collateralized by $2,595,000 Federal National Mortgage Association at 4.375% due 10/15/15 with a value of $2,856,000.

    2,800,000        2,800,000   
   

 

 

 

Total Short-Term Investments
(Cost $244,054,241)

      244,054,241   
   

 

 

 

Total Investments—120.5%
(Cost $3,177,622,265) (g)

      3,174,790,745   

Other assets and liabilities (net)—(20.5)%

      (540,624,069
   

 

 

 
Net Assets—100.0%     $ 2,634,166,676   
   

 

 

 

 

* Principal amount stated in U.S. dollars unless otherwise noted.
(a) TBA (To Be Announced) Securities are purchased on a forward commitment basis with an approximate principal amount and no defined maturity date. The actual principal and maturity date will be determined upon settlement date.
(b) Variable or floating rate security. The stated rate represents the rate at September 30, 2013. Maturity date shown for callable securities reflects the earliest possible call date.
(c) Interest only security.
(d) Principal only security.
(e) All or a portion of the security was held on loan. As of September 30, 2013, the market value of securities loaned was $728,795,559 and the collateral received consisted of cash in the amount of $241,254,241 and non-cash collateral with a value of $503,597,201. The cash collateral is invested in a money market fund managed by an affiliate of the custodian. The non-cash collateral received consists primarily of government securities and bank letters of credit, and is held for the benefit of the Portfolio at the Portfolio’s custodian. The Portfolio cannot repledge or resell this collateral.
(f) Represents investment of cash collateral received from securities lending transactions.
(g) As of September 30, 2013, the aggregate cost of investments was $3,177,622,265. The aggregate unrealized appreciation and depreciation of investments were $48,130,561 and $(50,962,081), respectively, resulting in net unrealized depreciation of $(2,831,520).
(144A)— Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of September 30, 2013, the market value of 144A securities was $95,978,301, which is 3.6% of net assets.
(ARM)— Adjustable-Rate Mortgage
(CMO)— Collateralized Mortgage Obligation

 

MSF-226


Table of Contents

Metropolitan Series Fund

Western Asset Management U.S. Government Portfolio

Schedule of Investments as of September 30, 2013 (Unaudited)

 

 

Futures Contracts   

Futures Contracts—Long

   Expiration
Date
     Number of
Contracts
    Notional
Amount
     Unrealized
Appreciation/
(Depreciation)
 

U.S. Treasury Note 5 Year Futures

     12/31/13         195        USD     23,476,806       $ 127,335   

Futures Contracts—Short

                          

U.S. Treasury Bond 30 Year Futures

     12/19/13         (230     USD   (30,045,815)         (630,435

U.S. Treasury Note 10 Year Futures

     12/19/13         (2,044     USD (253,613,263)         (4,729,174
          

 

 

 

Net Unrealized Depreciation

  

   $ (5,232,274
          

 

 

 

 

(USD)— United States Dollar

Fair Value Hierarchy

Accounting principles generally accepted in the United States of America (“GAAP”) define fair market value as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy that segregates fair value measurements into three levels. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including, but not limited to, unadjusted quoted prices for similar investments in markets that are either active or inactive; inputs other than quoted prices that are observable such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, default rates, etc.)

Level 3 - significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are unavailable (including the Portfolio’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in them. Changes to the inputs or methodologies used may result in transfers between levels, which will be recognized as of the beginning of the reporting period. Information on transfers between Level 1 and Level 2, if any, will be disclosed following the fair value hierarchy table below. A reconciliation of Level 3 securities, if any, will also be disclosed following the fair value hierarchy table. For more information about the Portfolio’s policy regarding the valuation of investments, please refer to the Notes to the Schedule of Investments.

The following table summarizes the fair value hierarchy of the Portfolio’s investments as of September 30, 2013:

 

Description    Level 1     Level 2     Level 3      Total  

Total U.S. Treasury & Government Agencies*

   $ —        $ 2,422,745,819      $ —         $ 2,422,745,819   

Total Corporate Bonds & Notes*

     —          276,944,260        —           276,944,260   

Total Mortgage-Backed Securities*

     —          124,673,472        —           124,673,472   

Total Foreign Government*

     —          81,787,371        —           81,787,371   

Total Asset-Backed Securities*

     —          24,585,582        —           24,585,582   
Short-Term Investments          

Mutual Fund

     241,254,241        —          —           241,254,241   

Repurchase Agreement

     —          2,800,000        —           2,800,000   

Total Short-Term Investments

     241,254,241        2,800,000        —           244,054,241   

Total Investments

   $ 241,254,241      $ 2,933,536,504      $ —         $ 3,174,790,745   
                                   

Collateral for securities loaned (Liability)

   $ —        $ (241,254,241   $ —         $ (241,254,241
Futures Contracts          

Futures Contracts (Unrealized Appreciation)

   $ 127,335      $ —        $ —         $ 127,335   

Futures Contracts (Unrealized Depreciation)

     (5,359,609     —          —           (5,359,609

Total Futures Contracts

   $ (5,232,274   $ —        $ —         $ (5,232,274

 

* See Schedule of Investments for additional detailed categorizations.

 

MSF-227


Table of Contents

Metropolitan Series Fund

Notes to Schedule of Investments

Investment Valuation and Fair Value Measurements:

 

Debt securities (other than short term obligations with a remaining maturity of sixty days or less), including corporate, convertible and municipal bonds and notes; U.S. government agencies; U.S. treasury obligations; sovereign issues; term loans; and non-U.S. bonds, are generally valued on the basis of evaluated or composite bid quotations obtained from independent pricing services and/or brokers and dealers selected by MetLife Advisers, LLC (“MetLife Advisers” or the “Adviser”), an affiliate of MetLife, Inc., pursuant to authorization of the Board of Trustees (the “Board” or “Trustees”) of the Metropolitan Series Fund (the “Fund”). Such quotations utilize matrix pricing, which considers observable inputs including, among other things, issuer details, maturity dates, interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar securities. Securities that use similar valuation techniques and inputs as described above are generally categorized as Level 2 within the fair value hierarchy.

Mortgage and asset-backed securities are usually issued as separate tranches, or classes, of securities within each deal. These securities are also generally valued on the basis of evaluated or composite bid quotations obtained from independent pricing services and/or brokers and dealers selected by the Adviser pursuant to authorization of the Board. The pricing models for these securities usually consider tranche-level attributes, estimated cash flows and market-based yield spreads for each tranche and current market data, and incorporate deal collateral performance, as available. Mortgage and asset-backed securities that use similar valuation techniques and inputs as described above are generally categorized as Level 2 within the fair value hierarchy.

Short term obligations with a remaining maturity of sixty days or less are valued at amortized cost, which approximates fair market value, and are categorized as Level 2 within the fair value hierarchy.

Domestic and foreign equity securities, such as common stock, exchange-traded funds, rights, warrants, and preferred stock that are traded on a securities exchange, are generally valued at their last sale price on the exchange or market in which they are principally traded on the valuation date, or if no sale occured on that day, at the last reported bid price. Equity securities traded over-the-counter are generally valued at the last reported sale price. Valuation adjustments may be applied to certain equity securities that are solely traded on foreign exchanges closing before the U.S. market to account for the market movement between the close of the foreign exchanges and the close of the U.S. market. The Portfolio may use a systematic fair valuation model provided by an independent third party to value securities principally traded in these foreign markets in order to adjust for possible stale pricing that may occur between the close of the foreign exchanges and the time of the Portfolio valuation. Securities using these valuation adjustments are categorized as Level 2 within the fair value hierarchy. Equity securities that are actively traded, and have no valuation adjustments applied, are categorized as Level 1 within the fair value hierarchy. Other equity securities traded on inactive markets, or valued in reference to similar instruments traded on active markets, are generally categorized as Level 2 within the fair value hierarchy.

Investments in registered open-end management investment companies are valued at reported net asset value per share on the valuation date and are categorized as Level 1 within the fair value hierarchy.

Forward foreign currency exchange contracts are valued based on the mean between closing bid and ask prices of the forward currency rates in the London foreign exchange markets on a daily basis as provided by a reliable bank or dealer. These contracts are categorized as Level 2 within the fair value hierarchy.

Options, whether on securities, indices, futures contracts, or otherwise, traded on exchanges are valued at the last sales price available as of the close of business on the day of valuation or, if there is no such sale price available, at the mean between the last reported bid and ask prices. These types of options are categorized as Level 1 within the fair value hierarchy.

Futures contracts, which are traded on commodity exchanges, are valued at their closing prices as of the close of such exchanges and are categorized as Level 1 within the fair value hierarchy. Futures contracts traded on inactive markets where a broker quotation is received are generally categorized as Level 2 within the fair value hierarchy.

Options and futures contracts that are traded over-the-counter are generally valued on the basis of broker dealer quotations or pricing service providers who use a series of techniques, including simulation pricing models, to determine the value of the contracts. The pricing models use inputs that are observed from actively quoted markets such as issuer details, indices, spreads, interest rates, curves and exchange rates. These contracts are categorized as Level 2 within the fair value hierarchy.

Swap contracts are marked-to-market daily based on quotations and prices supplied by market makers, broker-dealers and other pricing services. Such quotations and prices are derived utilizing significant observable data, including the underlying reference securities or indices. These contracts are generally categorized as Level 2 within the fair value hierarchy.

If no current market value quotation or other observable inputs are readily available or reliable for a security, the fair value of the security will be determined in accordance with procedures approved by and under the general supervision of the Board. In such a circumstance, the Board has delegated the determination of the fair value of a security to a Valuation Committee (“Committee”) of MetLife Advisers. The Committee provides general pricing oversight and fair value pricing determinations related to portfolio securities and meets on a regular basis to review reports relating to valuation of the securities in the Portfolio. The Board has delegated to State Street Bank and Trust Company, the Fund’s custodian (“custodian”), the responsibility for calculating the net asset values (“NAVs”) of the Fund’s Portfolios. The Committee is responsible for overseeing the calculation of the NAVs of the Portfolios by

 

MSF-228


Table of Contents

Metropolitan Series Fund

Notes to Schedule of Investments

Investment Valuation and Fair Value Measurements—(Continued)

 

the custodian. The Committee also periodically reviews pricing vendors, including the vendor providing fair value pricing for the Portfolio’s foreign securities, and is responsible for overseeing the correction of pricing errors and addressing other pricing issues that arise in the ordinary course of business, such as making real-time fair value determinations, as necessary.

If there are no readily available market quotations for a security or such quotations are otherwise deemed to be unreliable because of unusual market or issuer-specific circumstances, including without limitation, the cessation, suspension or restriction of trading activity, the Committee shall make a good faith determination of the fair value of the asset. The Board shall be requested to ratify such determinations at its next quarterly board meeting.

No single standard for determining the fair value of a security can be set forth because fair value depends upon the facts and circumstances with respect to each security. Information relating to any relevant factors may be obtained by the Committee from any appropriate source, including the subadviser of the Portfolio, the custodian, a pricing service, market maker and/or broker for such security or the issuer. Appropriate methodologies for determining fair value under particular circumstances may include: matrix pricing comparisons of securities with comparable characteristics, value based on multiples of earnings, discount from market price of similar marketable securities, or a combination of these and other methods. The Committee maintains a detailed report tracking each fair-valued security that compares the fair value price to the next available trade, vendor or broker price, and provides information on how close the fair value price was to the next quoted price. The Committee reviews a summary of such report monthly. On a quarterly basis, the Board is provided with the following for ratification: 1) a memorandum summarizing the actions taken by the Committee in the prior quarter; and 2) a list of the Portfolio’s securities as of the most recent quarter end for which market quotations were not readily available.

For information regarding the Metropolitan Series Fund’s other significant accounting policies, please refer to the most recent Semiannual or Annual report.

 

MSF-229


Table of Contents

Item 2. Controls and Procedures.

(a) The Principal Executive Officer and Principal Financial Officer of the registrant have concluded, based on their evaluation of the effectiveness of the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940 (the “Act”)) as of a date within 90 days of the filing date of this report on Form N-Q, that the design and operation of such procedures provide reasonable assurance that information required to be disclosed by the registrant in this report on Form N-Q is recorded, processed, summarized, and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms.

(b) There has been no change in the registrant’s internal controls over financial reporting (as defined in Rule 30a-3(d) under the Act) that occurred during the registrant’s last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 3. Exhibits.

See attached Exhibits 3(a) and 3(b) as required by Rule 30a-2(a) under the Act.


Table of Contents

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

METROPOLITAN SERIES FUND
By:   /s/ Elizabeth M. Forget
Name:   Elizabeth M. Forget
Title:   President, Chief Executive Officer and Chairman of the Boards
Date:   November 27, 2013

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

By:   /s/ Elizabeth M. Forget
Name:   Elizabeth M. Forget
Title:   President, Chief Executive Officer and Chairman of the Boards
Date:   November 27, 2013

 

By:   /s/ Peter H. Duffy
Name:   Peter H. Duffy
Title:   Chief Financial Officer and Treasurer
Date:   November 27, 2013


Table of Contents

EXHIBIT LIST

 

Exhibit 3(a):    Certification of the Principal Executive Officer required by Rule 30a-2(a) under the Act.
Exhibit 3(b):    Certification of the Principal Financial Officer required by Rule 30a-2(a) under the Act.