Global Investment-Grade Sovereign Fixed Income
Fixed Income Portfolio Characteristics As of 12/31/2023
Characteristic | Brandywine Global | WGBI |
Average Quality1 | AA- | AA |
Average Maturity (Years) | 14.22 | 9.70 |
Average Effective Duration (Years) | 8.67 | 7.43 |
Average Coupon (%) | 4.64 | 2.23 |
Current Yield (%) | 5.10 | - |
Average Yield To Maturity (%) | 6.36 | 3.18 |
Number of Issues | 27 | 1,247 |
Quality Allocation As of 12/31/2023
Quality Rating | Brandywine Global (%) |
AAA | 29.8 |
AA | 44.7 |
A | 3.2 |
BBB | 13.4 |
BB or Lower | 8.9 |
Not Rated | - |
Duration Allocation As of 12/31/2023
Duration Range | Brandywine Global (%) |
<1 Year | 22.3 |
1-3 Years | 10.5 |
3-7 Years | 1.9 |
7-10 Years | 30.5 |
10+ Years | 32.1 |
No Duration | 2.8 |
Region & Currency Allocation As of 12/31/2023
Region | Country (%) | Currency (%) | WGBI (%) |
Asia-Pacific ex-Japan | 6.3 | 9.7 | 1.8 |
Emerging Markets | 25.4 | 25.1 | 8.6 |
Europe ex-Eurozone | 13.3 | 16.5 | 5.3 |
Eurozone | 6.5 | 13.2 | 28.9 |
Japan | - | 19.1 | 11.8 |
Middle East & Africa | - | - | 0.3 |
North & Central America | 38.6 | 16.5 | 43.2 |
Supranational | 9.6 | - | - |
Other | 0.4 | - | - |