This strategy moved to Brandywine Global from Diamond Hill in July 2021, but BrandywineGlobal Corporate Credit's benchmark-agnostic, high-conviction approach and its avoidance of the junk-bond market's lowest-quality names continue to make it a uniquely attractive proposition within the high-yield bond Morningstar Category. That and an experienced, albeit thin, team support a Morningstar Analyst Rating of Silver for its cheapest share class, while its more expensive classes earn Bronze and Neutral ratings.
Will BCGIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BCGIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the BCGIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of BCGIX’s parent organization’s priorities and whether they’re in line with investors’ interests.