Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
BrandywineGLOBAL Alternative Credit I LMANX
- NAV / 1-Day Return 9.17 / +0.11 %
- Total Assets 72.3 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.350%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 5.58%
- Effective Duration 2.20 years
USD | NAV as of Mar 28, 2024 | 1-Day Return as of Mar 28, 2024, 12:16 AM GMT+0
Morningstar’s Analysis LMANX
Will LMANX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 28.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Cnh/Usd Fwd 20240227 00418 | 5.76 | 4.0 Mil | Derivative |
Usd/Cnh Fwd 20240227 00187 | 5.63 | 3.9 Mil | Derivative |
Connecticut Avenue Securities Trust 2019-R06 9.20191% | 4.00 | 2.8 Mil | Securitized |
Western Asset Prem Instl US Trs Rsv Pref | 3.93 | 2.7 Mil | Cash and Equivalents |
Connecticut Avenue Securities Trust 2019-R04 10.70191% | 3.86 | 2.7 Mil | Securitized |
CONNECTICUT AVENUE SECURITIES TRUST 8.45191% | 3.39 | 2.4 Mil | Securitized |
Wells Fargo Commercial Mortgage Trust 3% | 3.28 | 2.3 Mil | Securitized |
Federal Home Loan Mortgage Corp. 10.55191% | 2.91 | 2.0 Mil | Securitized |
Federal National Mortgage Association 9.55191% | 2.90 | 2.0 Mil | Securitized |
Eur/Usd Fwd 20240207 50 | 2.53 | 1.8 Mil | Derivative |