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Morningstar

BrandywineGLOBAL Corporate Credit A BCAAX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 10.03  /  0.08 %
  • Total Assets 1.4 Bil
  • Adj. Expense Ratio
    0.860%
  • Expense Ratio 0.880%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 6.07%
  • Effective Duration 2.96 years

USD | NAV as of Jun 07, 2023 | 1-Day Return as of Jun 07, 2023, 12:35 AM GMT+0

Morningstar’s Analysis BCAAX

Will BCAAX 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 BCAAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the BCAAX 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 BCAAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Capable leaders steer this distinctive high-yield offering.

Senior Analyst R.J. D'Ancona

R.J. D'Ancona

Senior Analyst

Summary

BrandywineGlobal Corporate Credit’s capable management duo ply a unique, value-oriented approach that capitalizes on high-yield bond market inefficiencies. Its cheapest share class earns a Morningstar Analyst Rating of Silver, while its more expensive classes earn Bronze and Neutral ratings.

by R.J. D'Ancona
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings BCAAX

More BCAAX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 145
  • Other Holdings 5
  • % Assets in Top 10 Holdings 19.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Western Asset Prem Instl US Trs Rsv Pref

12.33
170,942,185
Cash and Equivalents

Magnolia Oil & Gas Operating LLC / Magnolia Oil & Gas Finance Corp 6%

3.35
46,396,949
Corporate

Freedom Mortgage Corporation 7.625%

2.38
32,993,836
Corporate

Mativ Holdings Inc 6.875%

2.33
32,241,207
Corporate

Vector Group Ltd 5.75%

1.95
26,997,790
Corporate

United Wholesale Mortgage LLC 5.5%

1.95
26,971,099
Corporate

Viking Cruises, Ltd. 6.25%

1.86
25,833,032
Corporate

PROG Holdings Inc. 6%

1.80
25,011,791
Corporate

Angi Group Llc 3.875%

1.58
21,840,611
Corporate

Teine Energy Ltd 6.875%

1.47
20,348,358
Corporate