Gold Track Select
Supplement Dated April 29, 2024 to the
Gold Track Select
Initial Summary Prospectus and
Updating Summary Prospectus
Dated April 29, 2024
The following information supplements the Gold Track Select variable annuity initial summary prospectus and updating summary prospectus for Brighthouse Separate Account Eleven for Variable Annuities issued by Brighthouse Life Insurance Company, dated April 29, 2024 (the “Summary Prospectuses”). It should be read in its entirety and kept together with Your Summary Prospectus for future reference.
Before You invest, You should also review the prospectus for the Contract, which contains more information about the Contract’s features, benefits, and risks. You can find this document and other information about the Contract online at https://dfinview.com/BHF/TAHD/BHF79. You can also obtain this information at no cost by calling (833) 208-3018 or by sending an email request to rcg@brighthousefinancial.com.
This supplement provides information regarding additional Underlying Funds that may be available under the Gold Track Select Contract. The information in this supplement applies only to the following Plans:
Carnegie Hall
St Mary’s Hospital
Hartford Hospital
Roane County Board of Education
School District of Philadelphia
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Appendix A – Underlying Funds Available Under the Contract
The following is added to “Appendix A – Underlying Funds Available Under the Contract”:
Investment Objectives
Portfolio Company and
Adviser/Sub-Adviser
Current
Expenses
Average Annual
Total Returns
(as of 12/31/2023)
1
Year
5
Year
10
Year
Seeks capital appreciation.
Invesco Global Equity Portfolio —
Class A#
Brighthouse Investment Advisers, LLC
Subadviser: Invesco Advisers, Inc.
0.58%
34.99%
12.48%
8.68%
Seeks high total investment
return through a
combination of capital
appreciation and income.
Loomis Sayles Global Allocation
Portfolio — Class A#
Brighthouse Investment Advisers, LLC
Subadviser: Loomis, Sayles & Company,
L.P.
0.79%
22.51%
9.69%
7.46%
Seeks reasonable income.
The fund will also consider
the potential for capital
appreciation. The fund’s
goal is to achieve a yield
which exceeds the
composite yield on the
securities comprising the
S&P 500® Index.
Equity-Income Portfolio — Initial Class
Fidelity Management & Research
Company LLC
Subadviser: FMR UK, FMR HK, and FMR
Japan
0.47%
10.65%
12.30%
8.58%
Seeks a high level of current
income, while also
considering growth of
capital.
High Income Portfolio — Initial Class*
Fidelity Management & Research
Company LLC
Subadviser: FMR UK, FMR HK, and FMR
Japan
0.77%
10.48%
3.87%
3.40%
#
Certain Underlying Funds and their investment advisers have entered into temporary expense reimbursements and/or fee waivers, which are reflected in the Current Expenses. Please see the Underlying Funds' prospectuses for additional information regarding these arrangements.
*
Available only under the Carnegie Hall plan
A-1