High Yield
Fixed Income Portfolio Characteristics As of 9/30/2023
| Characteristic | Brandywine Global |
| Number of Issues | 166 |
| Average Maturity (Years) | 5.25 |
| Average Effective Duration (Years) | 3.48 |
| Average Yield To Maturity (%) | 8.47 |
| Current Yield (%) | 6.56 |
| Average Yield To Worst (%) | 8.65 |
Quality Allocation As of 9/30/2023
| Quality Rating | Brandywine Global (%) |
| BBB or Higher | 16.8 |
| BB | 38.9 |
| B | 39.9 |
| CCC | 3.2 |
| CC | - |
| D | - |
| Not Rated | 1.0 |
Sector Allocation As of 9/30/2023
| Sector | Brandywine Global (%) | BAUHY2 (%) |
| Automotive | 1.3 | 5.2 |
| Banking | 5.1 | 0.8 |
| Basic Industry | 11.4 | 7.8 |
| Capital Goods | 2.9 | 6.8 |
| Consumer Cyclical | 1.1 | - |
| Consumer Goods | 4.1 | 3.7 |
| Consumer Non-Cyclical | 0.3 | - |
| Energy | 15.8 | 11.3 |
| Financial Services | 16.4 | 5.0 |
| Healthcare | 2.1 | 7.8 |
| Insurance | 2.4 | 1.8 |
| Leisure | 10.8 | 8.1 |
| Media | 3.3 | 9.1 |
| Real Estate | 0.7 | 4.1 |
| Retail | 6.2 | 5.6 |
| Services | 2.8 | 6.6 |
| Technology & Electronics | 4.5 | 5.7 |
| Telecommunications | 2.3 | 5.4 |
| Transportation | 1.6 | 2.1 |
| Utility | - | 3.1 |
| Other | 0.2 | - |
| Cash & Cash Equivalents | 4.7 | - |