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 | - | - |