Global High Yield | Investment Strategies | Brandywine GLOBAL

Global High Yield

Fixed Income Portfolio Characteristics As of 9/30/2018

Characteristic Brandywine Global BGHY
Average Quality1 BB N/R
Average Maturity (Years) 8.34 6.58
Average Modified Adjusted Duration (Years) 3.59 4.12
Average Coupon (%) 5.32 6.09
Average Yield To Worst (%) 4.83 6.34
Average Yield To Maturity (%) 5.03 6.54
Number of Issues 79 3,360

Quality Allocation As of 9/30/2018

Quality Rating Brandywine Global (%)
BBB or Higher 16.5
BB 49.3
B 28.2
CCC 6.1
CC -
D -
Not Rated -

Duration Allocation As of 9/30/2018

Duration Range Brandywine Global (%)
<1 Year 10.7
1-3 Years 33.9
3-7 Years 45.4
7-10 Years 2.5
10+ Years 2.6
No Duration 5.0

Region & Currency Allocation As of 9/30/2018

Region Country (%) Currency (%)
Emerging Markets 2.6 4.6
Europe ex-Eurozone 3.0 5.5
Eurozone 0.8 15.8
Middle East & Africa - 2.0
North & Central America 89.7 72.1
Other 3.9 -

Sector Allocation As of 9/30/2018

Sector Brandywine Global (%) BGHY (%)
Basic Industry 10.7 6.1
Capital Goods 1.6 6.7
Communications 17.7 14.3
Consumer Cyclical 6.2 11.4
Consumer Non-Cyclical 17.5 10.6
Energy 11.3 8.6
Financial Institutions 2.4 9.9
Government-Related 2.6 22.5
Other Industrial - 1.6
Securitized 14.2 -
Technology 6.7 4.7
Transportation 1.2 1.5
Utility 3.7 2.0