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      <regStreet1>BRIGHTHOUSE INVESTMENT ADVISERS, LLC</regStreet1>
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      <regStateConditional regCountry="US" regState="US-MA"/>
      <regZipOrPostalCode>02111</regZipOrPostalCode>
      <regPhone>980-949-5130</regPhone>
      <seriesName>VanEck Global Natural Resources Portfolio</seriesName>
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        <name>Kirkland Lake Gold Ltd</name>
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        <name>Mitsubishi UFJ Trust &amp; Bank Co</name>
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        <name>RABOBANK LONDON</name>
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        <name>STAR PEAK</name>
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        <name>Nutrien Ltd</name>
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        <name>MMC Norilsk Nickel PJSC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Barclays Bank PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Barclays Bank PLC</name>
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        <name>SKANDI NY</name>
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        <name>NBC Global Finance Limited</name>
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        <name>Agnico Eagle Mines Ltd</name>
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        <name>SUMITOMO BK NY</name>
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        <name>Corteva Inc</name>
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        <title>Corteva Inc</title>
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        <name>Cabot Oil &amp; Gas Corp</name>
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        <name>Citigroup Global Markets Inc.</name>
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        <name>Tyson Foods Inc</name>
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        <name>Deutsche Bank Aktiengesellschaft</name>
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        <name>Sanderson Farms Inc</name>
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        <name>Concho Resources Inc</name>
        <lei>SYHS7HRDXLL4I0IQ8776</lei>
        <title>Concho Resources Inc</title>
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        <name>Piedmont Lithium Ltd</name>
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        <name>Societe Generale</name>
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        <name>Societe Generale</name>
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        <name>Goldman Sachs Fin Square Govt Fd</name>
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        <name>Alussa Energy Acquisition Corp</name>
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        <name>Liberty Oilfield Services Inc</name>
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        <name>GOLDMAN SACHS BANK USA</name>
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        <name>Ormat Technologies Inc</name>
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        <name>Yara International ASA</name>
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        <name>National Bank of Canada</name>
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        <name>Anglo American PLC</name>
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        <name>UNION BANK OF SWITZERLAND</name>
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        <name>NBC Global Finance Limited</name>
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        <name>First Quantum Minerals Ltd</name>
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        </identifiers>
        <balance>3504800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
        <valUSD>62915138.66000000</valUSD>
        <pctVal>5.130328130976</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DNB NOR BANK ASA NEW YORK</name>
        <lei>N/A</lei>
        <title>DNB NOR BANK ASA NEW YORK</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="200528031_SLCOLLCASH"/>
        </identifiers>
        <balance>4001532.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4001532.00000000</valUSD>
        <pctVal>0.326299403034</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-05-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.31000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="4001532.00000000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2021-01-27</ncom:dateSigned>
      <ncom:nameOfApplicant>Brighthouse Funds Trust II</ncom:nameOfApplicant>
      <ncom:signature>Alan Otis</ncom:signature>
      <ncom:signerName>Alan Otis</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
