Global High Yield
Fixed Income Portfolio Characteristics As of 3/31/2024
Characteristic | Brandywine Global | BGHY |
Average Quality1 | BB- | B+ |
Average Maturity (Years) | 4.44 | 5.89 |
Average Effective Duration (Years) | 3.11 | 3.65 |
Average Coupon (%) | 6.60 | 5.93 |
Average Yield To Worst (%) | 7.14 | 8.09 |
Average Yield To Maturity (%) | 7.36 | 8.22 |
Number of Issues | 98 | 3,492 |
Quality Allocation As of 3/31/2024
Quality Rating | Brandywine Global (%) |
BBB or Higher | 21.1 |
BB | 34.4 |
B | 42.3 |
CCC | 2.2 |
CC | - |
D | - |
Not Rated | - |
Duration Allocation As of 3/31/2024
Duration Range | Brandywine Global (%) |
<1 Year | 20.3 |
1-3 Years | 30.9 |
3-7 Years | 37.8 |
7-10 Years | 2.7 |
10+ Years | 1.0 |
No Duration | 7.3 |
Region & Currency Allocation As of 3/31/2024
Region | Country (%) | Currency (%) |
Asia-Pacific ex-Japan | 0.5 | - |
Emerging Markets | 6.9 | - |
Europe ex-Eurozone | 4.7 | 1.9 |
Eurozone | 3.5 | 16.5 |
Middle East & Africa | 5.3 | - |
North & Central America | 79.2 | 81.6 |
Other | -0.1 | - |
Sector Allocation As of 3/31/2024
Sector | Brandywine Global (%) | BGHY (%) |
Basic Industry | 6.4 | 5.0 |
Capital Goods | 2.2 | 7.1 |
Communications | 2.6 | 11.0 |
Consumer Cyclical | 26.8 | 14.6 |
Consumer Non-Cyclical | 8.4 | 8.9 |
Energy | 14.3 | 7.3 |
Financial Institutions | 18.4 | 10.8 |
Government | 2.9 | - |
Other Industrial | 0.8 | 1.2 |
Technology | 5.6 | 4.2 |
Transportation | 4.6 | 2.3 |
Utilities | - | 2.4 |
Cash | 7.1 | - |