Advertisement
Skip to Content
Morningstar

BrandywineGLOBAL Corporate Credit A BCAAX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 10.00  /  0.02 %
  • 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 5.85%
  • Effective Duration 2.96 years

USD | NAV as of Jun 01, 2023 | 1-Day Return as of Jun 01, 2023, 12:11 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 Dec 31, 2022
  • Equity Holdings 0
  • Bond Holdings 139
  • Other Holdings 7
  • % Assets in Top 10 Holdings 20.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Western Asset Prem Instl US Trs Rsv Pref

12.74
166,667,935
Cash and Equivalents

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

3.57
46,730,368
Corporate

Mativ Holdings Inc 6.875%

2.45
32,011,057
Corporate

United Wholesale Mortgage LLC 5.5%

2.15
28,178,565
Corporate

Grubhub Holdings Inc 5.5%

2.03
26,542,849
Corporate

Vector Group Ltd 5.75%

2.00
26,119,303
Corporate

Viking Cruises, Ltd. 6.25%

1.97
25,739,565
Corporate

PROG Holdings Inc. 6%

1.90
24,901,558
Corporate

Freedom Mortgage Corporation 7.625%

1.74
22,808,078
Corporate

Angi Group Llc 3.875%

1.74
22,741,317
Corporate