Global Fixed Income Investment-Grade
Fixed Income Portfolio Characteristics As of 12/31/2022
| Characteristic | Brandywine Global | WGBI |
| Average Quality1 | AA- | AA |
| Average Maturity (Years) | 16.46 | 9.69 |
| Average Modified Duration (Years) | 8.36 | 7.39 |
| Average Coupon (%) | 4.15 | 1.86 |
| Current Yield (%) | 4.39 | - |
| Average Yield To Maturity (%) | 4.93 | 3.36 |
| Number of Issues | 40 | 1,201 |
Quality Allocation As of 12/31/2022
| Quality Rating | Brandywine Global (%) |
| AAA | 51.7 |
| AA | 17.5 |
| A | 10.3 |
| BBB | 15.3 |
| BB or Lower | 5.3 |
| Not Rated | - |
Duration Allocation As of 12/31/2022
| Duration Range | Brandywine Global (%) |
| <1 Year | 17.3 |
| 1-3 Years | 4.7 |
| 3-7 Years | 5.3 |
| 7-10 Years | 44.7 |
| 10+ Years | 23.3 |
| No Duration | 4.6 |
Region & Currency Allocation As of 12/31/2022
| Region | Country (%) | Currency (%) | WGBI (%) |
| Asia-Pacific ex-Japan | 14.4 | 3.7 | 2.0 |
| Emerging Markets | 24.3 | 18.1 | 5.0 |
| Europe ex-Eurozone | - | 10.1 | 4.7 |
| Eurozone | 11.4 | 24.6 | 28.7 |
| Japan | - | 24.7 | 14.6 |
| Middle East & Africa | - | - | 0.3 |
| North & Central America | 48.1 | 18.9 | 44.7 |
| Other | 1.8 | - | - |