Brandywine GLOBAL - Investment Strategies
Global Opportunistic Fixed Income
Fixed Income Portfolio Characteristics As of 12/31/2016
Characteristic Brandywine Global CWGBI
Average Quality A AA
Average Maturity (Years) 12.40 8.85
Average Modified Duration (Years) 6.60 7.65
Average Coupon (%) 4.77 2.35
Current Yield (%) 4.68 -
Yield to Maturity (%) 4.40 1.06
Number of Issues 80 1,007
Quality Allocation As of 12/31/2016
Quality Rating Brandywine Global (%)
AAA 13.2
AA 28.3
A 27.3
BBB 20.9
BB or Lower 10.3
Not Rated -
Duration Allocation As of 12/31/2016
Duration Range Brandywine Global (%)
0-1 Years 22.2
1-3 Years 8.7
3-7 Years 29.0
7-10 Years 15.7
10+ Years 24.5
Region & Currency Allocation As of 12/31/2016
Region Country Weight (%) Currency Weight (%) CWGBI Weight (%)
Asia-Pacific Ex-Japan 20.3 14.2 2.2
Emerging Markets 18.1 20.3 -
Europe Ex-Eurozone 9.0 31.0 7.4
Eurozone 6.9 0.1 31.4
Japan - - 21.6
Middle East & Africa 5.7 5.7 0.4
North & Central America 38.0 23.2 36.8
Other - 0.5 - -
South America - 5.4 -
Supranational 2.5 - -