Manager John McClain's abrupt July 2025 exit for another opportunity lessens but does not erase the long-term appeal of BrandywineGlobal High Yield. 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.
BrandywineGLOBAL - High Yield Fund Class I BGHIX
- NAV / 1-Day Return 9.92 / −0.20 %
- Total Assets 2.9B
-
Adj. Expense Ratio
0.660%
- Expense Ratio 0.650%
- Distribution Fee Level Average
- Share Class Type Institutional
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 1M
- Status Open
- TTM Yield 6.63%
- Effective Duration 2.43 years
USD | NAV as of Jun 06, 2026 | 1-Day Return as of Jun 06, 2026, 2:58 AM GMT+0
Morningstar’s Analysis BGHIX
Will BGHIX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the BGHIX 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 BGHIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 15.9
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Western Asset Prem Instl US Trs Rsv Pref | 7.53 | 233M | Cash and Equivalents |
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Saturn Oil & Gas Inc 9.625% | 1.67 | 52M | Corporate |
Ryan Specialty LLC 5.875% | 1.62 | 50M | Corporate |
Jefferson Capital Holdings LLC 9.5% | 1.62 | 50M | Corporate |
Credit Acceptance Corporation of Michigan 9.25% | 1.57 | 49M | Corporate |
United Wholesale Mortgage LLC 5.5% | 1.55 | 48M | Corporate |
Enova International Inc. 11.25% | 1.51 | 47M | Corporate |
Travel Plus Leisure Co 6.625% | 1.50 | 46M | Corporate |
United States