Global Investment-Grade Sovereign Fixed Income
Fixed Income Portfolio Characteristics As of 6/30/2023
| Characteristic | Brandywine Global | WGBI |
| Average Quality1 | AA- | AA |
| Average Maturity (Years) | 13.77 | 9.72 |
| Average Modified Duration (Years) | 8.79 | 7.46 |
| Average Coupon (%) | 4.55 | 2.06 |
| Current Yield (%) | 5.17 | - |
| Average Yield To Maturity (%) | 6.50 | 3.49 |
| Number of Issues | 30 | 1,231 |
Quality Allocation As of 6/30/2023
| Quality Rating | Brandywine Global (%) |
| AAA | 56.9 |
| AA | 9.8 |
| A | 5.6 |
| BBB | 19.2 |
| BB or Lower | 8.5 |
| Not Rated | - |
Duration Allocation As of 6/30/2023
| Duration Range | Brandywine Global (%) |
| <1 Year | 15.6 |
| 1-3 Years | 15.3 |
| 3-7 Years | 6.1 |
| 7-10 Years | 34.0 |
| 10+ Years | 29.6 |
| No Duration | -0.7 |
Region & Currency Allocation As of 6/30/2023
| Region | Country (%) | Currency (%) | WGBI (%) |
| Asia-Pacific ex-Japan | 3.7 | 12.5 | 1.9 |
| Emerging Markets | 31.2 | 15.7 | 6.7 |
| Europe ex-Eurozone | 13.3 | 15.2 | 4.9 |
| Eurozone | 9.8 | 16.2 | 29.2 |
| Japan | - | 20.0 | 12.7 |
| Middle East & Africa | - | - | 0.3 |
| North & Central America | 34.7 | 20.4 | 44.4 |
| Supranational | 9.5 | - | - |
| Other | -2.3 | - | - |