Morningstar

BrandywineGLOBAL - Corporate Credit Fund Class I BCGIX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 10.29  /  0.00
  • Total Assets 2.0B
  • Adj. Expense Ratio
    0.610%
  • Expense Ratio 0.580%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 1M
  • Status Open
  • TTM Yield 6.27%
  • Effective Duration 2.29 years

USD | NAV as of Jul 11, 2026 | 1-Day Return as of Jul 11, 2026, 12:38 AM GMT+0

Morningstar’s Analysis BCGIX

Will BCGIX outperform in the 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 BCGIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    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.

  • Parent Pillar

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

Down, but not out.

Senior Analyst Max Curtin

Max Curtin

Senior Analyst

Summary

Manager John McClain's abrupt July 2025 exit for another opportunity lessens but does not erase the long-term appeal of BrandywineGlobal Corporate Credit. In many ways over the years, this team has benefited from its tight-knit setup, but this arrangement also leaves the strategy especially vulnerable to personnel changes. In response, we have lowered its People and Process ratings to Above Average from High.

by Max Curtin
Rated on Published on

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Portfolio Holdings BCGIX

More BCGIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 14.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Western Asset Prem Instl US Trs Rsv Pref

9.01 181M
Cash and Equivalents

PROG Holdings Inc. 6%

1.68 34M
Corporate

Credit Acceptance Corporation of Michigan 9.25%

1.52 31M
Corporate

Howden UK Refinance PLC & Howden US Refinance LLC 7.25%

1.50 30M
Corporate

Saturn Oil & Gas Inc 9.625%

1.48 30M
Corporate

Travel Plus Leisure Co 6.625%

1.47 30M
Corporate

Jefferson Capital Holdings LLC 9.5%

1.38 28M
Corporate

Firstcash Inc 5.625%

1.37 28M
Corporate

United Wholesale Mortgage LLC 5.5%

1.36 27M
Corporate

Truist Insurance Holdings LLC & Panther Co-Issuer Inc. 7.125%

1.35 27M
Corporate

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