U.S. Core Plus Fixed Income
Fixed Income Portfolio Characteristics As of 3/31/2024
| Characteristic | Brandywine Global | BUSA |
| Average Quality1 | AA- | AA |
| Average Maturity (Years) | 21.55 | 8.44 |
| Average Effective Duration (Years) | 8.80 | 6.21 |
| Average Coupon (%) | 4.85 | 3.30 |
| Current Yield (%) | 5.21 | 3.54 |
| Average Yield To Maturity (%) | 6.24 | 4.85 |
| Number of Issues | 37 | 13,530 |
Quality Allocation As of 3/31/2024
| Quality Rating | Brandywine Global (%) |
| AAA | 6.2 |
| AA | 71.9 |
| A | - |
| BBB | 7.9 |
| BB or Lower | 13.9 |
| Not Rated | - |
Duration Allocation As of 3/31/2024
| Duration Range | Brandywine Global (%) |
| <1 Year | 5.9 |
| 1-3 Years | 1.9 |
| 3-7 Years | 21.4 |
| 7-10 Years | 49.0 |
| 10+ Years | 17.8 |
| No Duration | 4.0 |
Sector Allocation As of 3/31/2024
| Sector | Brandywine Global (%) | BUSA (%) |
| Government Sovereign | 51.8 | 42.1 |
| Government Owned - No Guarantee | 2.5 | 4.9 |
| Corporate Bond | 2.6 | 25.0 |
| Mortgage Backed Securities | 38.6 | 27.6 |
| Cash | 4.2 | - |