The Fund seeks to generate a high level of income over a full market cycle, regardless of market conditions, with a secondary objective of capital preservation by investing mainly in fixed income securities of issuers anywhere in the world.
Is this fund right for you?
Risk Rating
How is the fund invested?
(as of January 31, 2024)
Asset allocation (%)
|
Name |
Percent |
|
Foreign Bonds |
80.5 |
|
Cash and Equivalents |
7.9 |
|
Domestic Bonds |
0.5 |
|
Other |
11.1 |
Geographic allocation (%)
|
Name |
Percent |
|
United States |
66.2 |
|
Mexico |
7.8 |
|
Colombia |
6.5 |
|
Canada |
5.9 |
|
United Kingdom |
5.8 |
|
Brazil |
3.2 |
|
Spain |
2.9 |
|
Argentina |
0.7 |
|
Cayman Islands |
0.6 |
|
Other |
0.4 |
Sector allocation (%)
|
Name |
Percent |
|
Fixed Income |
92.1 |
|
Cash and Cash Equivalent |
7.9 |
Growth of $10,000
(since inception)
Data not available based on date of inception
Fund details
(as of January 31, 2024)
| Top holdings |
% |
| United States Treasury 5.52% 31-Jan-2025 |
13.5 |
| United Kingdom Government 3.75% 22-Oct-2053 |
5.8 |
| Cash and Cash Equivalents |
5.0 |
| Mexico Government 8.00% 31-Jul-2053 |
4.4 |
| Colombia Government 7.00% 26-Mar-2031 |
4.0 |
| Spain Government 1.90% 31-Oct-2052 |
2.9 |
| Petroleos Mexicanos 5.35% 12-Feb-2028 |
2.4 |
| Freddie Mac Stacr Remic Trust 8.67% 25-Nov-2043 |
2.3 |
| Brazil Government 10.00% 01-Jan-2027 |
2.3 |
| Colombia Government 7.25% 26-Oct-2050 |
2.0 |
| Total allocation in top holdings |
44.6 |
| Portfolio characteristics |
|
| Standard deviation |
6.5% |
| Yield to maturity |
7.6% |
| Duration (years) |
4.7 |
| Coupon |
6.5% |
| Average credit rating |
BBB |
Understanding returns
Annual compound returns (%)
| 1 MO |
3 MO |
YTD |
1 YR |
| {{snapShot.Return1Mth|customNumber:1}} |
{{snapShot.Return3Mth|customNumber:1}} |
{{snapShot.ReturnYTD|customNumber:1}} |
{{snapShot.Return1Yr|customNumber:1}} |
| 3 YR |
5 YR |
10 YR |
INCEPTION |
| {{snapShot.Return3Yr|customNumber:1}} |
{{snapShot.Return5Yr|customNumber:1}} |
{{snapShot.Return10Yr|customNumber:1}} |
{{snapShot.ReturnInception|customNumber:1}} |
Calendar year returns (%)
|
2023 |
2022 |
2021 |
2020 |
| {{snapShot.Return1YrCalendar|customNumber:1}} |
{{snapShot.Return2YrCalendar|customNumber:1}} |
{{snapShot.Return3YrCalendar|customNumber:1}} |
{{snapShot.Return4YrCalendar|customNumber:1}} |
|
2019 |
2018 |
2017 |
2016 |
| {{snapShot.Return5YrCalendar|customNumber:1}} |
{{snapShot.Return6YrCalendar|customNumber:1}} |
{{snapShot.Return7YrCalendar|customNumber:1}} |
{{snapShot.Return8YrCalendar|customNumber:1}} |
Range of returns over five years
(January 1, 2019 - March 31, 2024)
| Best return |
Best period end date |
Worst return |
Worst period end date |
|
1.7% |
Dec. 2023 |
1.3% |
March 2024 |
| Average return |
% of periods with positive returns |
Number of positive periods |
Number of negative periods |
|
1.5% |
100.0% |
4 |
0 |
(September 30, 2023)
Brandywine Global Investment Management, LLC
FEL — MAX1262
Contact information
Toll free: 1-888-252-1847