Global High Yield | Investment Strategies | Brandywine GLOBAL

Global High Yield

Fixed Income Portfolio Characteristics As of 3/31/2019

Characteristic Brandywine Global BGHY
Average Quality1 BB- N/R
Average Maturity (Years) 6.02 6.49
Average Modified Adjusted Duration (Years) 3.09 3.94
Average Coupon (%) 5.23 6.09
Average Yield To Worst (%) 5.11 6.36
Average Yield To Maturity (%) 5.29 6.59
Number of Issues 80 3,317

Quality Allocation As of 3/31/2019

Quality Rating Brandywine Global (%)
BBB or Higher 18.8
BB 40.7
B 35.5
CCC 5.0
CC -
D -
Not Rated -

Duration Allocation As of 3/31/2019

Duration Range Brandywine Global (%)
<1 Year 17.9
1-3 Years 40.0
3-7 Years 38.7
7-10 Years 1.0
10+ Years 2.7
No Duration -0.3

Region & Currency Allocation As of 3/31/2019

Region Country (%) Currency (%)
Emerging Markets 0.9 2.3
Europe ex-Eurozone 2.0 5.9
Eurozone - 6.5
North & Central America 97.6 85.3
Other -0.4 -

Sector Allocation As of 3/31/2019

Sector Brandywine Global (%) BGHY (%)
Basic Industry 15.2 5.4
Capital Goods 2.6 6.8
Communications 19.4 14.4
Consumer Cyclical 5.1 11.9
Consumer Non-Cyclical 17.0 10.0
Energy 10.9 8.0
Financial Institutions 1.6 10.1
Government-Related 3.9 23.8
Other Industrial - 1.6
Securitized 10.6 -
Technology 8.6 4.8
Transportation 2.4 1.5
Utility 3.0 1.9