Global High Yield | Investment Strategies | Brandywine GLOBAL

Global High Yield

Fixed Income Portfolio Characteristics As of 12/31/2018

Characteristic Brandywine Global BGHY
Average Quality1 BB+ N/R
Average Maturity (Years) 7.04 6.49
Average Modified Adjusted Duration (Years) 3.49 4.24
Average Coupon (%) 4.88 6.07
Average Yield To Worst (%) 5.73 7.66
Average Yield To Maturity (%) 5.73 7.69
Number of Issues 71 3,321

Quality Allocation As of 12/31/2018

Quality Rating Brandywine Global (%)
BBB or Higher 21.8
BB 47.4
B 29.0
CCC 1.7
CC -
D -
Not Rated -

Duration Allocation As of 12/31/2018

Duration Range Brandywine Global (%)
<1 Year 11.8
1-3 Years 32.4
3-7 Years 51.7
7-10 Years -
10+ Years 2.5
No Duration 1.5

Region & Currency Allocation As of 12/31/2018

Region Country (%) Currency (%)
Europe ex-Eurozone 3.1 -
Eurozone - 10.4
North & Central America 97.2 89.6
Other -0.3 -

Sector Allocation As of 12/31/2018

Sector Brandywine Global (%) BGHY (%)
Basic Industry 10.6 5.9
Capital Goods 1.6 6.5
Communications 17.5 14.4
Consumer Cyclical 6.2 11.3
Consumer Non-Cyclical 17.4 10.5
Energy 9.3 8.1
Financial Institutions 1.6 9.9
Government-Related 8.4 24.1
Other Industrial - 1.6
Securitized 14.3 -
Technology 6.7 4.5
Transportation 1.2 1.5
Utility 3.8 1.8