International Opportunistic Equity
Equity Portfolio Characteristics As of 9/30/2023
| Characteristic | Brandywine Global | ACWI-RGXUS |
| Price/Earnings 1 | 12.6 | 14.4 |
| Price/Book | 1.3 | 1.7 |
| Price/Cash Flow | 8.6 | 9.1 |
| Dividend Yield (%) | 2.9 | 3.2 |
| Average Market Capitalization ($B) | 67.3 | 9.9 |
| Number of Securities | 41 | 2,320 |
| Turnover (% Last 12 Months) | 43.1 | - |
Top Ten Holdings As of 9/30/2023
| Company | Weight (%) |
| Baidu Inc | 5.1 |
| Alibaba Group Holding Ltd | 4.8 |
| Cie De Saint-gobain Sa | 4.5 |
| Bnp Paribas Sa | 4.5 |
| Banco Santander Sa | 4.3 |
| Deutsche Telekom Ag | 3.8 |
| Lg Corp | 3.4 |
| Gsk Plc | 3.4 |
| Tesco Plc | 3.3 |
| Taiwan Semiconductor Manufacturing Co Ltd | 3.0 |
Sector Allocation As of 9/30/2023
| Sector | Brandywine Global (%) | ACWI-RGXUS (%) |
| Communication Services | 11.2 | 5.5 |
| Consumer Discretionary | 23.6 | 11.9 |
| Consumer Staples | 6.0 | 8.4 |
| Energy | 6.8 | 6.0 |
| Financials | 14.7 | 21.2 |
| Health Care | 8.8 | 9.7 |
| Industrials | 18.2 | 13.1 |
| Information Technology | 6.3 | 11.3 |
| Materials | - | 7.9 |
| Real Estate | 1.6 | 2.0 |
| Utilities | - | 3.1 |
| Cash | 2.8 | - |