Morningstar

BrandywineGLOBAL - High Yield Fund Class A BGHAX

Morningstar Medalist Rating
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Medalist Rating as of See Franklin Templeton Investment Hub
  • NAV / 1-Day Return$9.67  /  −0.31%
  • Fund Size$2.3B
  • Adjusted Expense Ratio0.870%
  • Net Expense Ratio0.860%
  • Fee Level: DistributionBelow Average
  • Share Class TypeFront Load
  • Morningstar CategoryHigh Yield Bond
  • Fixed-Income Style Box (Funds)Low/Limited
  • Minimum Initial Investment$1,000
  • Investment StatusOpen
  • TTM Yield6.23%
  • Average Effective Duration2.91 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis BGHAX

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

  • People Pillar

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

Still reasons for optimism despite recent rocky stretch.

Senior Analyst Max Curtin

Max Curtin

Senior Analyst

Summary

BrandywineGlobal High Yield faces more questions than it once did, but the team’s distinct, bargain-hunting approach continues to set it apart favorably.

by Max Curtin
Rated on Published on

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Portfolio Holdings BGHAX

More BGHAX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings16.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Western Asset Prem Instl US Trs Rsv Pref

7.75191M
Cash and Equivalents

Credit Acceptance Corporation of Michigan 9.25%

2.1553M
Corporate

Enova International Inc. 11.25%

1.8546M
Corporate

Jefferson Capital Holdings LLC 9.5%

1.8245M
Corporate

Firstcash Inc 5.625%

1.7944M
Corporate

PROG Holdings Inc. 6%

1.7042M
Corporate

Ryan Specialty LLC 5.875%

1.6842M
Corporate

Voc Escrow Ltd 5%

1.6441M
Corporate

The Gap Inc. 3.875%

1.5538M
Corporate

Usd

1.5338M
Cash and Equivalents

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