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LBORX BrandywineGLOBAL Global Opp Bond R

  • Fund
  • LBORX
  • Price as of: Apr 24, 2019
  • $10.04 - $0.06 - 0.59%
  • Category
  • Global Bonds

LBORX - Profile

Vitals

  • YTD Return 1.6%
  • 3 Yr Annualized Return -1.9%
  • 5 Yr Annualized Return -2.3%
  • Net Assets $3.31 B
  • Holdings in Top 10 53.0%

52 WEEK LOW AND HIGH

$10.04
$9.73
$10.93

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.30%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 58.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Investment Themes

CATEGORY

Global Bonds
  • Fund Type Open End Mutual Fund
  • Investment Style World Bond

Distributions

  • YTD Total Return 1.6%
  • 3 Yr Annualized Total Return 0.7%
  • 5 Yr Annualized Total Return 0.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.78%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name BrandywineGLOBAL - Global Opportunities Bond Fund
  • Fund Family Name Legg Mason
  • Inception Date Sep 30, 2011
  • Shares Outstanding N/A
  • Share Class Retirement
  • Currency USD
  • Domiciled Country United States

Fund Description

The fund normally invests at least 80% of its net assets in fixed income securities of issuers located in developed market countries. It will invest in both investment grade and below investment grade fixed income securities, and the advisor intends to invest less than 35% of its net assets in below investment grade fixed income securities (commonly known as "high yield debt" or "junk bonds"). The fund may invest up to 25% of its net assets in convertible debt securities. It is non-diversified.

LBORX - Performance

Return Ranking - Trailing

Period LBORX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.6% 0.3% 8.8% 66.09%
1 Yr -7.7% -10.7% 3.3% 93.48%
3 Yr -1.9%* -2.7% 5.1% 93.91%
5 Yr -2.3%* -3.3% 4.1% 76.89%
10 Yr N/A* -1.5% 2.9% N/A

* Annualized


Return Ranking - Calendar

Period LBORX Return Category Return Low Category Return High Rank in Category (%)
2018 -8.4% -10.1% 0.0% 86.09%
2017 7.5% -5.2% 12.8% 20.00%
2016 2.4% -4.1% 9.6% 40.43%
2015 -10.7% -12.4% -0.2% 93.04%
2014 1.2% -8.4% 7.1% 17.41%

Total Return Ranking - Trailing

Period LBORX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.6% 0.3% 8.8% 67.39%
1 Yr -6.4% -8.1% 8.1% 92.17%
3 Yr 0.7%* -2.1% 6.2% 46.09%
5 Yr 0.3%* -3.3% 5.1% 36.44%
10 Yr N/A* -0.7% 7.6% N/A

* Annualized


Total Return Ranking - Calendar

Period LBORX Return Category Return Low Category Return High Rank in Category (%)
2018 -6.7% -10.1% 3.7% 83.48%
2017 12.0% -0.9% 13.1% 7.83%
2016 4.4% -1.9% 10.8% 27.83%
2015 -9.1% -12.4% 1.4% 89.13%
2014 4.7% -8.4% 12.8% 9.82%

NAV & Total Return History

LBORX - Holdings

Concentration Analysis

LBORX Category Low Category High LBORX % Rank
Net Assets 3.31 B 3.13 M 124 B 25.54%
Number of Holdings 92 6 5609 85.28%
Net Assets in Top 10 1.74 B -295 M 10 B 16.88%
Weighting of Top 10 52.99% 5.2% 625.8% 23.38%

Top 10 Holdings

  1. United States Treasury Notes 2.88% 11.78%

  2. United States Treasury Bonds 3.38% 8.03%

  3. United States Treasury Bonds 3% 7.77%

  4. United Kingdom of Great Britain and Northern Ireland 1.75% 6.08%

  5. United States Treasury Notes 2.62% 5.78%

  6. Mexico (United Mexican States) 7.75% 4.29%

  7. Republic of South Africa 8.75% 3.87%

  8. Goldman Sachs Group, Inc. 3.43% 3.29%

  9. Mexico (United Mexican States) 8.5% 2.98%

  10. Mexico (United Mexican States) 8.5% 2.97%


Asset Allocation

Weighting Return Low Return High LBORX % Rank
Bonds
97.30% 0.00% 216.10% 23.81%
Cash
2.70% -129.81% 40.65% 70.56%
Stocks
0.00% -0.72% 97.15% 52.38%
Preferred Stocks
0.00% 0.00% 1.48% 51.08%
Other
0.00% -0.02% 13.60% 61.90%
Convertible Bonds
0.00% 0.00% 12.18% 74.89%

Bond Sector Breakdown

Weighting Return Low Return High LBORX % Rank
Government
84.20% -3.23% 91.78% 0.87%
Corporate
12.00% 0.00% 219.57% 83.98%
Cash & Equivalents
3.39% -53.28% 40.65% 63.64%
Securitized
1.10% 0.00% 61.14% 81.39%
Municipal
0.00% 0.00% 38.81% 38.96%
Derivative
-0.69% -145.45% 59.82% 72.73%

Bond Geographic Breakdown

Weighting Return Low Return High LBORX % Rank
Non US
49.04% -43.27% 140.16% 58.87%
US
48.26% -31.83% 149.17% 20.35%

LBORX - Expenses

Operational Fees

LBORX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.30% 0.07% 3.65% 35.22%
Management Fee 0.50% 0.00% 1.15% 24.24%
12b-1 Fee 0.50% 0.00% 1.00% 61.39%
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

LBORX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

LBORX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Turnover 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.

LBORX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 58.00% 0.00% 451.00% 20.87%

LBORX - Distributions

Dividend Yield Analysis

LBORX Category Low Category High LBORX % Rank
Dividend Yield 0.02% 0.00% 0.43% 50.22%

Dividend Distribution Analysis

LBORX Category Low Category High Category Mode
Dividend Distribution Frequency Semi-Annually Quarterly Monthly Monthly

Dividend Payout History


Net Income Ratio Analysis

LBORX Category Low Category High LBORX % Rank
Net Income Ratio 2.78% -1.10% 5.99% 36.09%

Capital Gain Distribution Analysis

LBORX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Daily

LBORX - Managers

Tenure Analysis

Category Low

0.0

Category High

28.42

Category Average

7.16

Category Mode

4.51