BrandywineGLOBAL - Global Opportunities Bond Fund (USD Hedged)
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$8.79
$26.6 M
0.00%
$0.00
0.75%
Vitals
YTD Return
-2.1%
1 yr return
2.0%
3 Yr Avg Return
-1.9%
5 Yr Avg Return
N/A
Net Assets
$26.6 M
Holdings in Top 10
53.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.75%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 68.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$8.79
$26.6 M
0.00%
$0.00
0.75%
GLOBX - Profile
Distributions
- YTD Total Return -2.1%
- 3 Yr Annualized Total Return -1.9%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.03%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameBrandywineGLOBAL - Global Opportunities Bond Fund (USD Hedged)
-
Fund Family NameFRANKLIN TEMPLETON
-
Inception DateMar 29, 2019
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAnujeet Sareen
Fund Description
GLOBX - Performance
Return Ranking - Trailing
Period | GLOBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.1% | -15.2% | -2.4% | 18.46% |
1 Yr | 2.0% | -10.4% | -2.5% | 3.05% |
3 Yr | -1.9%* | -1.2% | 4.2% | 0.85% |
5 Yr | N/A* | -0.1% | 3.7% | N/A |
10 Yr | N/A* | 0.0% | 4.6% | N/A |
* Annualized
Return Ranking - Calendar
Period | GLOBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.4% | -9.4% | -0.6% | 96.77% |
2022 | -10.0% | -1.3% | 7.0% | 24.78% |
2021 | -8.0% | 0.5% | 200.9% | N/A |
2020 | 4.7% | -15.5% | 3.1% | N/A |
2019 | N/A | -0.6% | 30.6% | N/A |
Total Return Ranking - Trailing
Period | GLOBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.1% | -15.2% | -2.4% | 15.38% |
1 Yr | 2.0% | -12.6% | -2.5% | 3.05% |
3 Yr | -1.9%* | -1.6% | 4.2% | 0.85% |
5 Yr | N/A* | -0.1% | 3.7% | N/A |
10 Yr | N/A* | 0.0% | 4.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | GLOBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.6% | -9.4% | -0.6% | 96.77% |
2022 | -10.0% | -1.3% | 7.0% | 24.78% |
2021 | -2.0% | 0.5% | 200.9% | N/A |
2020 | 11.9% | -15.5% | 3.3% | N/A |
2019 | N/A | 0.1% | 30.6% | N/A |
NAV & Total Return History
GLOBX - Holdings
Concentration Analysis
GLOBX | Category Low | Category High | GLOBX % Rank | |
---|---|---|---|---|
Net Assets | 26.6 M | 21.8 M | 93.5 B | 70.99% |
Number of Holdings | 75 | 5 | 7040 | 92.42% |
Net Assets in Top 10 | 14.3 M | -839 M | 6.06 B | 28.79% |
Weighting of Top 10 | 53.65% | 6.1% | 100.0% | 14.39% |
Top 10 Holdings
- United States Treasury Note/Bond 11.77%
- United States Treasury Floating Rate Note 11.67%
- United Kingdom Gilt 5.10%
- United States Treasury Note/Bond 4.52%
- United States Treasury Note/Bond 4.40%
- Colombian TES 4.09%
- Ginnie Mae II Pool 3.16%
- Mexican Bonos 3.11%
- United States Treasury Note/Bond 2.94%
- Republic of South Africa Government Bond 2.88%
Asset Allocation
Weighting | Return Low | Return High | GLOBX % Rank | |
---|---|---|---|---|
Bonds | 97.35% | 36.86% | 100.73% | 30.30% |
Convertible Bonds | 4.95% | 0.00% | 14.16% | 14.39% |
Cash | 3.49% | -2.75% | 67.17% | 88.64% |
Stocks | 0.00% | 0.00% | 0.70% | 1.52% |
Preferred Stocks | 0.00% | 0.00% | 0.73% | 87.12% |
Other | -0.84% | -8.93% | 0.72% | 76.52% |
Bond Sector Breakdown
Weighting | Return Low | Return High | GLOBX % Rank | |
---|---|---|---|---|
Government | 47.34% | 1.71% | 97.31% | 30.30% |
Corporate | 12.69% | 0.00% | 70.79% | 71.97% |
Cash & Equivalents | 2.30% | 0.00% | 51.02% | 81.82% |
Securitized | 0.31% | 0.00% | 29.11% | 81.06% |
Municipal | 0.00% | 0.00% | 3.10% | 90.15% |
Derivative | -0.84% | 0.00% | 50.79% | 28.03% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | GLOBX % Rank | |
---|---|---|---|---|
US | 66.58% | -11.86% | 53.57% | 8.33% |
Non US | 30.77% | 26.05% | 98.85% | 83.33% |
GLOBX - Expenses
Operational Fees
GLOBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.75% | 0.02% | 1.81% | 60.16% |
Management Fee | 0.50% | 0.00% | 0.83% | 59.85% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
GLOBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 4.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
GLOBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
GLOBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 68.00% | 2.00% | 402.00% | 56.76% |
GLOBX - Distributions
Dividend Yield Analysis
GLOBX | Category Low | Category High | GLOBX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 2.20% | 28.03% |
Dividend Distribution Analysis
GLOBX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Monthly | Monthly |
Net Income Ratio Analysis
GLOBX | Category Low | Category High | GLOBX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.03% | -0.30% | 3.10% | 7.63% |
Capital Gain Distribution Analysis
GLOBX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 29, 2023 | $0.191 | OrdinaryDividend |
Jun 30, 2023 | $0.193 | OrdinaryDividend |
Mar 31, 2023 | $0.058 | OrdinaryDividend |
Jun 30, 2021 | $0.052 | OrdinaryDividend |
Mar 31, 2021 | $0.057 | OrdinaryDividend |
Sep 30, 2020 | $0.064 | OrdinaryDividend |
Jun 30, 2020 | $0.037 | OrdinaryDividend |
Apr 01, 2020 | $0.151 | OrdinaryDividend |
Sep 30, 2019 | $0.070 | OrdinaryDividend |
Jun 28, 2019 | $0.058 | OrdinaryDividend |
GLOBX - Fund Manager Analysis
Managers
Anujeet Sareen
Start Date
Tenure
Tenure Rank
Mar 25, 2019
3.19
3.2%
Anujeet Sareen is a portfolio manager for the Firm’s Global Fixed Income and related strategies. Prior to joining the Firm in 2016, Anujeet was a managing director of global fixed income and a global macro strategist, as well as chair of the Currency Strategy Group at Wellington Management in Boston. Over his 22-year career at Wellington (1994-2016), he held a variety of roles while cultivating extensive fixed income and currency management experience. Anujeet is a CFA® charterholder and earned a B.A. in Computer Science from Brown University.
Jack McIntyre
Start Date
Tenure
Tenure Rank
Mar 25, 2019
3.19
3.2%
John(Jack) P. McIntyre, CFA is Associate Portfolio Manager/Senior Research Analyst and is responsible for research and market insight. Mr. McIntyre has been employed at Brandywine Global since 1998. Previously, he held positions as market strategist with McCarthy, Crisanti & Maffei, Inc. (1995-1998); senior fixed income analyst with Technical Data (1992-1995); quantitative associate with Brown Brothers Harriman & Co. (1990), and investment analyst with the Public Employee Retirement Administration of Massachusetts (1987-1989).
David Hoffman
Start Date
Tenure
Tenure Rank
Mar 25, 2019
3.19
3.2%
David is co-lead portfolio manager for the Firm's Global Fixed Income and related strategies. He joined the Firm in 1995. Previously, David was president of Hoffman Capital, a global financial futures investment firm (1991-1995); head of fixed income investments at Columbus Circle Investors (1983-1990); senior vice president and portfolio manager at INA Capital Management (1979-1982), and fixed income portfolio manager at Provident National Bank (1975-1979).
Brian Kloss
Start Date
Tenure
Tenure Rank
Dec 31, 2020
1.41
1.4%
Brian L. Kloss, JD, CPA, is a portfolio manager and head of high yield for Brandywine Global. Brian joined Brandywine Global in December 2009。Previously, Brian was co-portfolio manager at Dreman Value Management, LLC (2007-2009); high yield analyst/trader at Gartmore Global Investments (2002-2007); high yield and equity portfolio manager and general analyst at Penn Capital Management, Ltd. (2000-2002); an analyst with The Concord Advisory Group, Ltd. (1998-2000); and an international tax consultant with Deloitte & Touche LLP (1995-1998).
Tracy Chen
Start Date
Tenure
Tenure Rank
Dec 31, 2020
1.41
1.4%
Tracy Chen, CFA®, CAIA is a portfolio manager and head of Structured Credit for Brandywine Global. She joined the firm in August 2008. Prior to joining Brandywine Global, she was with UBS Investment Bank as director of the fixed income valuation group (2006-2008), GMAC Mortgage Group as a mortgage pricing analyst (2003-2006), Deloitte Consulting as a senior corporate strategy consultant (2001-2003), and J&A Securities Ltd. in Shenzhen, China, as an international corporate finance associate (1995-1999).
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.12 | 31.42 | 5.43 | 0.92 |