Emerging Markets Debt Opportunities
Fixed Income Portfolio Characteristics As of 9/30/2023
| Characteristic | Brandywine Global | JP50HC50LC |
| Average Quality1 | BBB- | - |
| Average Maturity (Years) | 14.19 | 8.49 |
| Average Effective Duration (Years) | 4.71 | - |
| Average Coupon (%) | 7.40 | 5.19 |
| Current Yield (%) | 8.06 | - |
| Average Yield To Maturity (%) | 9.04 | 7.71 |
| Number of Issues | 44 | - |
Quality Allocation As of 9/30/2023
| Quality Rating | Brandywine Global (%) |
| AAA | 14.9 |
| AA | - |
| A | - |
| BBB | 37.5 |
| BB or Lower | 47.5 |
| Not Rated | - |
Duration Allocation As of 9/30/2023
| Duration Range | Brandywine Global (%) |
| <1 Year | 5.3 |
| 1-3 Years | 20.1 |
| 3-7 Years | 35.3 |
| 7-10 Years | 30.4 |
| 10+ Years | - |
| No Duration | 9.0 |
Regional Exposures As of 9/30/2023
| Brandywine Global (%) | |
| Emerging Market Sovereign | 46.5 |
| Developed Market Credit | 16.6 |
| Emerging Market Credit | 27.1 |
| Cash | 10.1 |
Currency Exposures As of 9/30/2023
| Brandywine Global (%) | |
| Local Currency | 27.6 |
| Hard Currency | 72.4 |