Global High Yield | Investment Strategies | Brandywine GLOBAL

Global High Yield

Fixed Income Portfolio Characteristics As of 9/30/2017

Characteristic Brandywine Global BGHY
Average Quality BB B1/B+
Average Maturity (Years) 7.18 6.85
Average Modified Adjusted Duration (Years) 3.27 4.21
Average Coupon (%) 5.78 6.20
Yield to Worst (%) 4.80 5.11
Yield to Maturity (%) 4.98 5.52
Number of Issues 76 3,411

Quality Allocation As of 9/30/2017

Quality Rating Brandywine Global (%)
BBB or Higher 19.0
BB 38.7
B 35.5
CCC 6.8
CC-D -
Not Rated -

Duration Allocation As of 9/30/2017

Duration Range Brandywine Global (%)
0-1 Years 18.8
1-3 Years 18.6
3-7 Years 57.0
7-10 Years 1.0
10+ Years 4.6

Region & Currency Allocation As of 9/30/2017

Region Country Weight (%) Currency Weight (%)
Asia-Pacific Ex-Japan - -
Emerging Markets 8.2 3.9
Europe Ex-Eurozone 5.1 2.0
Eurozone 9.3 17.0
Japan - -
Middle East & Africa - -
North & Central America 76.7 76.1
South America 1.0 1.0
Supranational - -
Other - 0.3 -

Sector Weights As of 9/30/2017

Sector Brandywine Global (%) BGHY (%)
Basic Industry 8.0 6.3
Capital Goods 3.9 6.6
Communications 14.1 14.5
Consumer Cyclical 4.9 11.3
Consumer Non-Cyclical 11.0 9.0
Energy 7.6 7.6
Financial Institutions 5.4 10.2
Government 23.7 25.4
Other Industrial - 1.2
Securitized 5.7 -
Technology 9.7 4.2
Transportation 0.9 1.4
Utility 2.9 2.3