Skip to Content
Morningstar

BrandywineGLOBAL Alternative Credit I LMANX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 8.92  /  +0.22 %
  • Total Assets 70.0 Mil
  • Adj. Expense Ratio
    1.350%
  • Expense Ratio 1.350%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Nontraditional Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 5.98%
  • Effective Duration 2.29 years

USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 10:15 PM GMT+0

Morningstar’s Analysis LMANX

Will LMANX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LMANX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LMANX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of LMANX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Increased confidence in BrandywineGLOBAL Alternative Credit I's prospects relative to its Morningstar Category peers results in an upgrade in this strategy's Morningstar Medalist Rating to Neutral from Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings LMANX

More LMANX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 28.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Western Asset Prem Instl US Trs Rsv Pref

4.38 3.2 Mil
Cash and Equivalents

Connecticut Avenue Securities Trust 2019-R06 9.18487%

3.74 2.7 Mil
Securitized

Connecticut Avenue Securities Trust 2019-R04 10.68487%

3.58 2.6 Mil
Securitized

Wells Fargo Commercial Mortgage Trust 3%

3.34 2.5 Mil
Securitized

CONNECTICUT AVENUE SECURITIES TRUST 8.43487%

3.31 2.4 Mil
Securitized

Federal Home Loan Mortgage Corp. 9.32039%

2.83 2.1 Mil
Securitized

CONNECTICUT AVENUE SECURITIES TRUST 2022-R02 9.82039%

2.75 2.0 Mil
Securitized

Federal National Mortgage Association 9.53487%

2.69 2.0 Mil
Securitized

Federal National Mortgage Association 9.53487%

2.31 1.7 Mil
Securitized

Mexico (United Mexican States) 7.5%

1.92 1.4 Mil
Government