Emerging Markets Debt Opportunities
Fixed Income Portfolio Characteristics As of 3/31/2024
| Characteristic | Brandywine Global | JP50HC50LC |
| Average Quality1 | BB- | - |
| Average Maturity (Years) | 11.19 | 8.46 |
| Average Effective Duration (Years) | 4.46 | - |
| Average Coupon (%) | 7.66 | 5.27 |
| Current Yield (%) | 8.05 | - |
| Average Yield To Maturity (%) | 10.10 | 6.88 |
| Number of Issues | 49 | - |
Quality Allocation As of 3/31/2024
| Quality Rating | Brandywine Global (%) |
| AAA | 2.8 |
| AA | - |
| A | - |
| BBB | 33.0 |
| BB or Lower | 64.2 |
| Not Rated | - |
Duration Allocation As of 3/31/2024
| Duration Range | Brandywine Global (%) |
| <1 Year | 15.0 |
| 1-3 Years | 17.2 |
| 3-7 Years | 45.3 |
| 7-10 Years | 12.2 |
| 10+ Years | 8.4 |
| No Duration | 1.8 |
Regional Exposures As of 3/31/2024
| Brandywine Global (%) | |
| Emerging Market Sovereign | 48.8 |
| Developed Market Credit | 7.0 |
| Emerging Market Credit | 40.6 |
| Cash | 2.9 |
Currency Exposures As of 3/31/2024
| Brandywine Global (%) | |
| Local Currency | 27.2 |
| Hard Currency | 72.8 |