Brandywine GLOBAL - Investment Strategies
Global Sovereign Credit
Fixed Income Portfolio Characteristics As of 12/31/2016
Characteristic Brandywine Global B6040
Average Quality A A1/A2
Average Maturity (Years) 12.78 9.05
Average Modified Duration (Years) 6.95 6.76
Average Coupon (%) 5.38 4.19
Current Yield (%) 5.14 3.94
Yield to Maturity (%) 4.53 3.03
Number of Issues 33 1,469
Quality Allocation As of 12/31/2016
Quality Rating Brandywine Global (%)
AAA 20.4
AA 20.1
A 24.7
BBB 23.5
BB or Lower 11.2
Not Rated -
Duration Allocation As of 12/31/2016
Duration Range Brandywine Global (%)
0-1 Years 13.5
1-3 Years 7.9
3-7 Years 32.7
7-10 Years 21.1
10+ Years 24.8