Overall Morningstar Rating
Rating Category: Global Bond
The fund's overall Morningstar Rating measures risk-adjusted returns and is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) rating metrics.
Morningstar Style Box
| High | Quality | |||
|---|---|---|---|---|
| Medium | ||||
| Low | ||||
| LTD | MOD | EXT | ||
| Duration | ||||
Source: Morningstar®. The style box reveals a fund's investment style. For equity funds, the vertical axis shows the market capitalization of the long stocks owned, and the horizontal axis shows the investment style (value, blend, or growth). For fixed income funds, the vertical axis shows the credit quality based on credit ratings and the horizontal axis shows interest-rate sensitivity as measured by effective duration. Placement is determined by fund portfolio holding figures most recently entered into Morningstar's database and corresponding market conditions. Shaded areas show the past 3 years of quarterly data. Past performance does not guarantee future results.
Historical Morningstar Ratings
| Years | 3 |
| Ratings | |
| Number of Funds In Category | 147 |
| Years | 5 |
| Ratings | |
| Number of Funds In Category | 142 |
| Years | 10 |
| Ratings | |
| Number of Funds In Category | 123 |
©2025 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
Overview
- Fund Description
- Meet Your Manager
Fund Description
-
An actively managed, global fixed income strategy that seeks to maximize total return through strategic investment in countries, currencies, and sectors
-
Employs a top-down, value-oriented, and macro-driven investment approach to find the most attractive combination of high real yields, undervalued currencies, and improving fundamentals across global fixed income markets
-
Invests in sovereign debt and currencies, including emerging markets, and will also make opportunistic allocations to corporate or securitized credit when valuations are favorable
Meet Your Manager
Brandywine Global
Acting with conviction and discipline, Brandywine Global looks beyond short-term, conventional thinking to rigorously pursue long-term value across differentiated fixed income, equity and alternative solutions.
Fund Information
Portfolio Managers
Performance
- Average Annual Total Returns
- Calendar Year Returns
- Cumulative Total Returns
- Risk Measures
Average Annual Total Returns
Average Annual Total Returns
2026
Chart
Month End As of 02/28/2026 | 1 Year | 3 Years | 5 Years | 10 Years | Since Inception 03/10/2010 | |
|---|---|---|---|---|---|---|
| Class A - With Sales Charge (POP) (%) | 8.65 | 2.93 | -2.67 | 1.26 | 2.36 | |
| Class A - Without Sales Charge (NAV) (%) | 12.89 | 4.25 | -1.82 | 1.70 | 2.64 | |
| FTSE World Government Bond Index (%) | 7.89 | 4.03 | -2.38 | 0.33 | 0.78 |
Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized.
Calendar Year Returns
Calendar Year Returns
Chart
Month End As of 02/28/2026 | YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | Performance Inception Date | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Class A - With Sales Charge (POP) (%) | -0.97 | 8.91 | -13.02 | 2.86 | -19.59 | -9.68 | 7.44 | 4.21 | -9.29 | 7.54 | 0.09 | 03/10/2010 | |
| Class A - Without Sales Charge (NAV) (%) | 2.92 | 13.17 | -9.68 | 6.85 | -16.03 | -5.68 | 12.17 | 8.82 | -5.28 | 12.34 | 4.57 | 03/10/2010 | |
| FTSE World Government Bond Index (%) | 2.20 | 7.55 | -2.87 | 5.19 | -18.26 | -6.97 | 10.11 | 5.90 | -0.84 | 7.49 | 1.60 | — |
Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized.
Cumulative Total Returns
Cumulative Total Returns
The hypothetical growth scenario of $10,000 does not reflect the deduction of brokerage commissions or taxes that investors may pay on distributions or the sale of shares. Had they been reflected hypothetical values would be lower.
2010
2026
Chart
Month End As of 02/28/2026 | YTD | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception 03/10/2010 | |
|---|---|---|---|---|---|---|---|---|
| Class A - With Sales Charge (POP) (%) | -0.97 | 8.65 | 9.05 | -12.65 | 13.32 | 28.23 | 45.15 | |
| Class A - Without Sales Charge (NAV) (%) | 2.92 | 12.89 | 13.31 | -8.76 | 18.39 | 33.97 | 51.57 | |
| FTSE World Government Bond Index (%) | 2.20 | 7.89 | 12.58 | -11.36 | 3.36 | 6.99 | 13.20 |
Historical Cumulative Total Returns
2026
Date Selected As of 02/28/2026 | YTD | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception 03/10/2010 | |
|---|---|---|---|---|---|---|---|---|
| Class A - With Sales Charge (POP) (%) | -0.97 | 8.65 | 9.05 | -12.65 | 13.32 | 28.23 | 45.15 | |
| Class A - Without Sales Charge (NAV) (%) | 2.92 | 12.89 | 13.31 | -8.76 | 18.39 | 33.97 | 51.57 | |
| FTSE World Government Bond Index (%) | 2.20 | 7.89 | 12.58 | -11.36 | 3.36 | 6.99 | 13.20 |
Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized.
If the sales charge (if applicable) had been included, the return would have been lower.
Risk Measures
Risk Measures
| Statistics | 3 Years | 5 Years | 10 Years |
|---|---|---|---|
| Alpha (%) | 0.94 | 3.03 | 2.28 |
| Beta | 1.52 | 1.38 | 1.33 |
| R-Squared | 0.93 | 0.88 | 0.72 |
| Historical Tracking Error | 4.62 | 4.89 | 6.08 |
| Information Ratio | 0.05 | 0.12 | 0.23 |
| Upside Capture Ratio | 148.28 | 145.69 | 154.69 |
| Downside Capture Ratio | 153.11 | 123.11 | 130.36 |
| Standard Deviation (%) | 3 Years | 5 Years | 10 Years |
|---|---|---|---|
| Class A - Without Sales Charge (NAV) | 10.97 | 11.54 | 10.65 |
| Sharpe Ratio (%) | 3 Years | 5 Years | 10 Years |
|---|---|---|---|
| Class A - Without Sales Charge (NAV) | -0.01 | -0.39 | 0.00 |
Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized.
Portfolio
Assets
Positions
| Fund | Benchmark | |
|---|---|---|
| Number of Holdings | 45 | 1,351 |
Portfolio Statistics
| Fund | Benchmark | |
|---|---|---|
| Weighted Average Life | 9.22 Years | 8.44 Years |
| Weighted Average Coupon | 5.38% | 2.71% |
| Weighted Average Maturity | 12.47 Years | 8.44 Years |
| Effective Duration | 4.81 Years | 6.71 Years |
Portfolio Allocations
- Geography
- Sector
- Currency
- Maturity
- Credit Quality
Geography
Geographic Allocation
Chart
| Fund | Benchmark | ||
|---|---|---|---|
| 50.24% | 44.13% | ||
| 14.15% | 6.54% | ||
| 12.39% | 13.22% | ||
| 11.85% | — | ||
| 3.24% | — | ||
| 3.06% | 0.38% | ||
| 3.02% | 8.77% | ||
| 2.05% | — |
Sector
Sector Allocation
Chart
| Fund | ||
|---|---|---|
| Government Sovereign | 73.59% | |
| Mortgage Backed Securities | 11.46% | |
| Government Regional Agencies | 6.33% | |
| Supranational | 3.00% | |
| Corporate Bond | 2.81% | |
| Government Owned - No Guarantee | 0.52% | |
| Currency Derivatives | 0.23% | |
| Cash & Cash Equivalents | 2.05% |
Currency
Currency Exposure
Chart
| Fund | ||
|---|---|---|
| 31.72% | ||
| 20.38% | ||
| 19.66% | ||
| 18.32% | ||
| 5.24% | ||
| 4.68% |
Maturity
Maturity Allocation
Chart
| Fund | Benchmark | ||
|---|---|---|---|
| 0 to 1 Year | 6.01% | 1.38% | |
| 1 to 2 Years | 29.80% | 14.98% | |
| 5 to 7 Years | 0.31% | 12.75% | |
| 7 to 10 Years | 19.34% | 14.05% | |
| 10 to 15 Years | 11.97% | 6.04% | |
| 20 to 30 Years | 30.66% | 10.66% | |
| 30+ Years | 1.90% | 1.18% |
Credit Quality
Credit Quality Allocation 13
Chart
| Fund | ||
|---|---|---|
| AAA | 7.81% | |
| AA | 58.71% | |
| A | 4.87% | |
| BBB | 8.61% | |
| BB | 11.88% | |
| B | 3.07% | |
| Not Rated | 2.82% | |
| Cash & Cash Equivalents | 2.05% |
Portfolio Holdings
Holdings
Portfolio holdings are based on the total portfolio and are subject to change at any time. Holdings are provided for informational purposes only and should not be construed as a recommendation to purchase or sell any security..
Distributions & Tax
- Distributions
- Tax Information
Distributions
Distribution Schedules
Rates and Yields
Distribution Rate
30-Day SEC Yield
Final composition of the current year’s distribution—income, capital gains and/or return of capital—are based on US tax rules and will be determined by February of the following year. For tax characterization of a distribution, such as return of capital and tax-exempt income, click on the “Tax Information” tab above.
Distributions Per Share
Current Year Distributions Per Share
| Record Date | Ex-Dividend Date | Reinvestment Date | Payable Date | Reinvestment Amount | Long-Term Capital Gains | Short-Term Capital Gains | Income | Total Distribution Per Share |
|---|---|---|---|---|---|---|---|---|
| 12/18/2025 | 12/19/2025 | 12/19/2025 | 12/19/2025 | $8.83000 | $0.00000 | $0.00000 | $0.10831 | $0.10831 |
Historical Distributions Per Share
- 2025
- 2024
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015
- 2014
- 2013
- 2012
- 2011
- 2010
- Since Inception
| Record Date | Ex-Dividend Date | Reinvestment Date | Payable Date | Reinvestment Amount | Long-Term Capital Gains | Short-Term Capital Gains | Income | Total Distribution Per Share |
|---|---|---|---|---|---|---|---|---|
| 12/18/2025 | 12/19/2025 | 12/19/2025 | 12/19/2025 | $8.83 | — | — | $0.108311 | $0.108311 |
| 09/29/2025 | 09/30/2025 | 09/30/2025 | 09/30/2025 | $9.00 | — | — | $0.092075 | $0.092075 |
| 06/27/2025 | 06/30/2025 | 06/30/2025 | 06/30/2025 | $9.08 | — | — | $0.014382 | $0.014382 |
| 03/28/2025 | 03/31/2025 | 03/31/2025 | 03/31/2025 | $8.44 | — | — | $0.13188 | $0.13188 |
| 12/19/2024 | 12/20/2024 | 12/20/2024 | 12/20/2024 | $8.30 | — | — | $0.0671 | $0.0671 |
| 09/27/2024 | 09/30/2024 | 09/30/2024 | 09/30/2024 | $9.16 | — | — | $0.041779 | $0.041779 |
| 06/27/2024 | 06/28/2024 | 06/28/2024 | 06/28/2024 | $8.51 | — | — | $0.127239 | $0.127239 |
| 03/27/2024 | 03/28/2024 | 03/28/2024 | 03/28/2024 | $8.86 | — | — | $0.038068 | $0.038068 |
| 12/19/2022 | 12/20/2022 | 12/20/2022 | 12/20/2022 | $8.82 | — | — | $0.369223 | $0.369223 |
| 09/29/2022 | 09/30/2022 | 09/30/2022 | 09/30/2022 | $8.51 | — | — | $0.112665 | $0.112665 |
| 06/29/2022 | 06/30/2022 | 06/30/2022 | 06/30/2022 | $9.48 | — | — | $0.04253 | $0.04253 |
| 03/30/2022 | 03/31/2022 | 03/31/2022 | 03/31/2022 | $10.75 | — | — | $0.017333 | $0.017333 |
| 12/17/2021 | 12/20/2021 | 12/20/2021 | 12/20/2021 | $11.01 | — | — | $0.132367 | $0.132367 |
| 09/29/2021 | 09/30/2021 | 09/30/2021 | 09/30/2021 | $11.28 | — | — | $0.005317 | $0.005317 |
| 06/29/2021 | 06/30/2021 | 06/30/2021 | 06/30/2021 | $11.69 | — | — | $0.065353 | $0.065353 |
| 03/30/2020 | 03/31/2020 | 03/31/2020 | 03/31/2020 | $9.45 | — | — | — | $0.015539 |
| 09/27/2019 | 09/30/2019 | 09/30/2019 | 09/30/2019 | $10.26 | — | — | $0.019356 | $0.024176 |
| 06/27/2019 | 06/28/2019 | 06/28/2019 | 06/28/2019 | $10.48 | — | — | $0.060639 | $0.075738 |
| 03/28/2019 | 03/29/2019 | 03/29/2019 | 03/29/2019 | $10.19 | — | — | $0.027746 | $0.032435 |
| 12/19/2018 | 12/20/2018 | 12/20/2018 | 12/20/2018 | $9.87 | — | — | $0.122728 | $0.122728 |
| 09/26/2018 | 09/27/2018 | 09/27/2018 | 09/27/2018 | $10.19 | — | — | $0.080885 | $0.080885 |
| 06/27/2018 | 06/28/2018 | 06/28/2018 | 06/28/2018 | $10.31 | $0.00393 | $0.00571 | $0.064052 | $0.073692 |
| 03/27/2018 | 03/28/2018 | 03/28/2018 | 03/28/2018 | $11.19 | — | — | $0.067369 | $0.067369 |
| 12/20/2017 | 12/21/2017 | 12/21/2017 | 12/21/2017 | $10.74 | $0.13642 | $0.1234 | $0.116106 | $0.375926 |
| 09/28/2017 | 09/29/2017 | 09/29/2017 | 09/29/2017 | $11.31 | — | — | $0.074235 | $0.074235 |
| 06/29/2017 | 06/30/2017 | 06/30/2017 | 06/30/2017 | $11.04 | — | — | $0.025586 | $0.025586 |
| 03/30/2017 | 03/31/2017 | 03/31/2017 | 03/31/2017 | $10.63 | — | — | $0.004728 | $0.004728 |
| 12/21/2016 | 12/22/2016 | 12/22/2016 | 12/22/2016 | $10.02 | $0.03831 | $0.14944 | — | $0.18775 |
| 12/21/2015 | 12/22/2015 | 12/22/2015 | 12/22/2015 | $9.89 | — | — | $0.043194 | $0.043194 |
| 06/29/2015 | 06/30/2015 | 06/30/2015 | 06/30/2015 | $10.39 | — | — | $0.073323 | $0.073323 |
| 06/23/2015 | 06/24/2015 | 06/24/2015 | 06/24/2015 | $10.50 | $0.03368 | — | — | $0.03368 |
| 03/30/2015 | 03/31/2015 | 03/31/2015 | 03/31/2015 | $10.87 | — | — | $0.065433 | $0.065433 |
| 12/22/2014 | 12/23/2014 | 12/23/2014 | 12/23/2014 | $10.96 | — | — | $0.240505 | $0.240505 |
| 12/09/2014 | 12/10/2014 | 12/10/2014 | 12/10/2014 | $11.19 | $0.02646 | — | — | $0.02646 |
| 09/29/2014 | 09/30/2014 | 09/30/2014 | 09/30/2014 | $11.29 | — | — | $0.077476 | $0.077476 |
| 06/26/2014 | 06/27/2014 | 06/27/2014 | 06/27/2014 | $11.60 | — | — | $0.065211 | $0.065211 |
| 03/31/2014 | 03/31/2014 | 03/31/2014 | 03/31/2014 | $11.22 | — | — | $0.03167672 | $0.03167672 |
| 02/28/2014 | 02/28/2014 | 02/28/2014 | 02/28/2014 | $11.01 | — | — | $0.02756853 | $0.02756853 |
| 01/31/2014 | 01/31/2014 | 01/31/2014 | 01/31/2014 | $10.77 | — | — | $0.03095184 | $0.03095184 |
| 12/31/2013 | 12/31/2013 | 12/31/2013 | 12/31/2013 | $10.87 | — | — | $0.03022995 | $0.03022995 |
| 11/29/2013 | 11/29/2013 | 11/29/2013 | 11/29/2013 | $10.85 | — | — | $0.03002853 | $0.03002853 |
| 10/31/2013 | 10/31/2013 | 10/31/2013 | 10/31/2013 | $11.05 | — | — | $0.03077833 | $0.03077833 |
| 09/30/2013 | 09/30/2013 | 09/30/2013 | 09/30/2013 | $11.02 | — | — | $0.02763339 | $0.02763339 |
| 08/30/2013 | 08/30/2013 | 08/30/2013 | 08/30/2013 | $10.76 | — | — | $0.03239453 | $0.03239453 |
| 07/31/2013 | 07/31/2013 | 07/31/2013 | 07/31/2013 | $11.03 | — | — | $0.0258151 | $0.0258151 |
| 06/28/2013 | 06/28/2013 | 06/28/2013 | 06/28/2013 | $11.11 | — | — | $0.02000228 | $0.02000228 |
| 06/17/2013 | 06/18/2013 | 06/18/2013 | 06/18/2013 | $11.33 | $0.08312 | $0.0279 | — | $0.11102 |
| 05/31/2013 | 05/31/2013 | 05/31/2013 | 05/31/2013 | $11.49 | — | — | $0.02450391 | $0.02450391 |
| 04/30/2013 | 04/30/2013 | 04/30/2013 | 04/30/2013 | $12.03 | — | — | $0.02362967 | $0.02362967 |
| 03/28/2013 | 03/28/2013 | 03/28/2013 | 03/28/2013 | $11.66 | — | — | $0.02441113 | $0.02441113 |
| 02/28/2013 | 02/28/2013 | 02/28/2013 | 02/28/2013 | $11.63 | — | — | $0.02339315 | $0.02339315 |
| 01/31/2013 | 01/31/2013 | 01/31/2013 | 01/31/2013 | $11.83 | — | — | $0.02673379 | $0.02673379 |
| 12/31/2012 | 12/31/2012 | 12/31/2012 | 12/31/2012 | $11.79 | — | — | $0.02751712 | $0.02751712 |
| 12/11/2012 | 12/12/2012 | 12/12/2012 | 12/12/2012 | $11.73 | $0.11684 | $0.03772 | — | $0.15456 |
| 11/30/2012 | 11/30/2012 | 11/30/2012 | 11/30/2012 | $11.79 | — | — | $0.02985244 | $0.02985244 |
| 10/31/2012 | 10/31/2012 | 10/31/2012 | 10/31/2012 | $11.73 | — | — | $0.03080596 | $0.03080596 |
| 09/28/2012 | 09/28/2012 | 09/28/2012 | 09/28/2012 | $11.72 | — | — | $0.02710387 | $0.02710387 |
| 08/31/2012 | 08/31/2012 | 08/31/2012 | 08/31/2012 | $11.50 | — | — | $0.0299805 | $0.0299805 |
| 07/31/2012 | 07/31/2012 | 07/31/2012 | 07/31/2012 | $11.49 | — | — | $0.02624996 | $0.02624996 |
| 06/29/2012 | 06/29/2012 | 06/29/2012 | 06/29/2012 | $11.27 | — | — | $0.02725606 | $0.02725606 |
| 06/18/2012 | 06/19/2012 | 06/19/2012 | 06/19/2012 | $11.21 | $0.00384 | $0.01545 | — | $0.01929 |
| 05/31/2012 | 05/31/2012 | 05/31/2012 | 05/31/2012 | $10.96 | — | — | $0.02774474 | $0.02774474 |
| 04/30/2012 | 04/30/2012 | 04/30/2012 | 04/30/2012 | $11.31 | — | — | $0.02675619 | $0.02675619 |
| 03/30/2012 | 03/30/2012 | 03/30/2012 | 03/30/2012 | $11.18 | — | — | $0.0336324 | $0.0336324 |
| 02/29/2012 | 02/29/2012 | 02/29/2012 | 02/29/2012 | $11.33 | — | — | $0.02909231 | $0.02909231 |
| 01/31/2012 | 01/31/2012 | 01/31/2012 | 01/31/2012 | $11.27 | — | — | $0.02557165 | $0.02557165 |
| 12/30/2011 | 12/30/2011 | 12/30/2011 | 12/30/2011 | $10.92 | — | — | $0.02780586 | $0.02780586 |
| 12/09/2011 | 12/09/2011 | — | 12/09/2011 | $10.94 | $0.07351 | $0.05329 | — | $0.1268 |
| 11/30/2011 | 11/30/2011 | 11/30/2011 | 11/30/2011 | $11.04 | — | — | $0.02682668 | $0.02682668 |
| 10/31/2011 | 10/31/2011 | 10/31/2011 | 10/31/2011 | $11.25 | — | — | $0.02631595 | $0.02631595 |
| 09/30/2011 | 09/30/2011 | 09/30/2011 | 09/30/2011 | $11.05 | — | — | $0.03118631 | $0.03118631 |
| 08/31/2011 | 08/31/2011 | 08/31/2011 | 08/31/2011 | $11.36 | — | — | $0.03455517 | $0.03455517 |
| 07/29/2011 | 07/29/2011 | 07/29/2011 | 07/29/2011 | $11.16 | — | — | $0.03421486 | $0.03421486 |
| 06/30/2011 | 06/30/2011 | 06/30/2011 | 06/30/2011 | $10.93 | — | — | $0.03252458 | $0.03252458 |
| 06/15/2011 | 06/15/2011 | — | 06/15/2011 | $10.98 | $0.0176 | — | — | $0.0176 |
| 05/31/2011 | 05/31/2011 | 05/31/2011 | 05/31/2011 | $11.09 | — | — | $0.03191271 | $0.03191271 |
| 04/29/2011 | 04/29/2011 | 04/29/2011 | 04/29/2011 | $11.11 | — | — | $0.0382606 | $0.0382606 |
| 03/31/2011 | 03/31/2011 | 03/31/2011 | 03/31/2011 | $10.77 | — | — | $0.03623685 | $0.03623685 |
| 02/28/2011 | 02/28/2011 | 02/28/2011 | 02/28/2011 | $10.73 | — | — | $0.0335887 | $0.0335887 |
| 01/31/2011 | 01/31/2011 | 01/31/2011 | 01/31/2011 | $10.61 | — | — | $0.03447049 | $0.03447049 |
| 12/31/2010 | 12/31/2010 | 12/31/2010 | 12/31/2010 | $10.65 | — | — | $0.2503652 | $0.2503652 |
| 12/09/2010 | 12/09/2010 | — | 12/09/2010 | $10.66 | $0.10894 | $0.01904 | — | $0.12798 |
| 11/30/2010 | 11/30/2010 | 11/30/2010 | 11/30/2010 | $10.87 | — | — | $0.03689096 | $0.03689096 |
| 10/29/2010 | 10/29/2010 | 10/29/2010 | 10/29/2010 | $11.17 | — | — | $0.03728717 | $0.03728717 |
| 09/30/2010 | 09/30/2010 | 09/30/2010 | 09/30/2010 | $11.17 | — | — | $0.0365197 | $0.0365197 |
| 08/31/2010 | 08/31/2010 | 08/31/2010 | 08/31/2010 | $10.79 | — | — | $0.03813492 | $0.03813492 |
| 07/30/2010 | 07/30/2010 | 07/30/2010 | 07/30/2010 | $10.65 | — | — | $0.04011806 | $0.04011806 |
| 06/30/2010 | 06/30/2010 | 06/30/2010 | 06/30/2010 | $10.27 | — | — | $0.03645147 | $0.03645147 |
| 05/28/2010 | 05/28/2010 | 05/28/2010 | 05/28/2010 | $10.09 | — | — | $0.03419048 | $0.03419048 |
| 04/30/2010 | 04/30/2010 | 04/30/2010 | 04/30/2010 | $10.41 | — | — | $0.03854798 | $0.03854798 |
| 03/31/2010 | 03/31/2010 | 03/31/2010 | 03/31/2010 | $10.25 | — | — | $0.02447161 | $0.02447161 |
Annually, a fund must distribute all realized capital gains net of realized losses, so the fund will not be subject to an entity level income tax. A fund’s capital gain distribution in a particular year may be a result of the disposition of holdings that appreciated in value during prior years. Thus, while the fund may gain or lose value over the course of a year, a capital gain distribution paid by the fund may not be indicative of current performance of the fund.
The distributable amount of net capital gains are paid on a per-share basis to all investors who hold shares of the fund on the record date of the distribution and are recognized by the shareholder for tax purposes as of the ex-date of the distribution, regardless of when the gains or losses arose in the fund. Net gains on holdings held long term by the fund would be distributed to shareholders as a long-term capital gain distribution no matter how long the shareholder has owned shares in the fund.
Refer to the fund’s annual report or statement of additional information for specific information regarding distributions.
Tax Information
Tax Information
Federal ID Number 510587805
Distributions per Share ($)
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015
- 2014
- 2013
| Record Date | Ordinary Dividends | Qualified Dividends | Capital Gain Distributions | Unrecaptured Section 1250 Gain | Non-Taxable Return Of Capital | Section 199a Dividends | Foreign Tax Paid | Exempt Interest Dividends | Interest on Tax Reclaim Refunds |
|---|---|---|---|---|---|---|---|---|---|
| Mar 28 | 0.13188 | — | — | — | — | — | — | — | — |
| Jun 27 | 0.014382 | — | — | — | — | — | — | — | — |
| Sep 29 | 0.092075 | — | — | — | — | — | — | — | — |
| Dec 18 | 0.108311 | — | — | — | — | — | — | — | — |
| 0.346648 | — | — | — | — | — | — | — | — |
Supplemental Tax Information
Franklin Templeton and its specialized investment managers and its employees are not in the business of providing tax or legal advice to taxpayers. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties or complying with any applicable tax laws or regulations. Tax-related statements, if any, may have been written in connection with the promotion or marketing of the transaction(s) or matter(s) addressed by these materials, to the extent allowed by applicable law. Each investor’s tax situation is different, and is based on an individual’s tax bracket, type of account used for investment and other factors. Any such taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.
Pricing
Pricing History Chart
- 1 Month
- 3 Months
- 6 Months
- YTD
- 1 Year
- 3 Years
- 5 Years
- Since Inception
March 2026
| SuSunday | MoMonday | TuTuesday | WeWednesday | ThThursday | FrFriday | SaSaturday |
|---|---|---|---|---|---|---|
March 2026
| SuSunday | MoMonday | TuTuesday | WeWednesday | ThThursday | FrFriday | SaSaturday |
|---|---|---|---|---|---|---|
Chart
Historical Data - Daily Fund Prices
- 1 Month
- 3 Months
- 6 Months
- YTD
- 1 Year
- 3 Years
- 5 Years
- Since Inception
March 2026
| SuSunday | MoMonday | TuTuesday | WeWednesday | ThThursday | FrFriday | SaSaturday |
|---|---|---|---|---|---|---|
March 2026
| SuSunday | MoMonday | TuTuesday | WeWednesday | ThThursday | FrFriday | SaSaturday |
|---|---|---|---|---|---|---|
Historical Pricing Results From 02/19/2026 To 03/19/2026
| Date | NAV | POP | NAV Change | NAV Change (%) |
|---|---|---|---|---|
| 03/19/2026 | $8.86 | $9.21 | $0.03 | 0.34% |
| 03/18/2026 | $8.83 | $9.17 | $-0.04 | -0.45% |
| 03/17/2026 | $8.87 | $9.22 | $0.03 | 0.34% |
| 03/16/2026 | $8.84 | $9.18 | $0.05 | 0.57% |
| 03/13/2026 | $8.79 | $9.13 | $-0.06 | -0.68% |
| 03/12/2026 | $8.85 | $9.19 | $-0.10 | -1.12% |
| 03/11/2026 | $8.95 | $9.30 | $-0.04 | -0.44% |
| 03/10/2026 | $8.99 | $9.34 | $0.10 | 1.12% |
| 03/09/2026 | $8.89 | $9.24 | $-0.01 | -0.11% |
| 03/06/2026 | $8.90 | $9.25 | $-0.06 | -0.67% |
| 03/05/2026 | $8.96 | $9.31 | $-0.05 | -0.55% |
| 03/04/2026 | $9.01 | $9.36 | $0.04 | 0.45% |
| 03/03/2026 | $8.97 | $9.32 | $-0.14 | -1.54% |
| 03/02/2026 | $9.11 | $9.46 | $-0.06 | -0.65% |
| 02/27/2026 | $9.17 | $9.53 | $-0.01 | -0.11% |
| 02/26/2026 | $9.18 | $9.54 | $0.01 | 0.11% |
| 02/25/2026 | $9.17 | $9.53 | $0.02 | 0.22% |
| 02/24/2026 | $9.15 | $9.51 | $0.00 | 0.00% |
| 02/23/2026 | $9.15 | $9.51 | $0.00 | 0.00% |
| 02/20/2026 | $9.15 | $9.51 | $0.02 | 0.22% |
| 02/19/2026 | $9.13 | $9.49 | $-0.02 | -0.22% |
Documents
Product Literature
Factsheet - BrandywineGLOBAL - Global Opportunities Bond Fund
Regulatory Documents
Semi-Annual Report - BrandywineGLOBAL - Global Opportunities Bond Fund - Class A
Annual Report - BrandywineGLOBAL - Global Opportunities Bond Fund - Class A
Prospectus - BrandywineGLOBAL Global Opportunities Bond Fund
Summary Prospectus - BrandywineGLOBAL Global Opportunities Bond Fund
Statement of Additional Information - Legg Mason Global Asset Management Trust Book 34
Mailed hardcopies unavailable.
Fiscal Q1 Holdings - BrandywineGLOBAL - Global Opportunities Bond Fund
Mailed hardcopies unavailable.
Fiscal Q3 Holdings - BrandywineGLOBAL - Global Opportunities Bond Fund
Mailed hardcopies unavailable.
Risks
What Are the Risks?
All investments involve risks, including possible loss of principal. Fixed income securities involve interest rate, credit, inflation and reinvestment risks, and possible loss of principal. As interest rates rise, the value of fixed income securities falls. Low-rated, high-yield bonds are subject to greater price volatility, illiquidity and possibility of default. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. The portfolio is non-diversified and may invest in a relatively small number of issuers, which may negatively impact the fund's performance and result in greater fluctuation in the value of the fund's shares. Leverage increases the volatility of investment returns and subjects investments to magnified losses and a decline in value. The manager may consider environmental, social and governance (ESG) criteria in the research or investment process; however, ESG considerations may not be a determinative factor in security selection. In addition, the manager may not assess every investment for ESG criteria, and not every ESG factor may be identified or evaluated. These and other risks are discussed in the fund’s prospectus.
Important Information
Total Returns include change in share price, assume reinvestment of all distributions, and reflect the deduction of fund expenses and applicable fees. Total returns, distribution rate, and yields reflect any applicable expense reductions and fee waivers; without these reductions, the results would have been lower.
Certain share classes are only offered to eligible investors as stated in the prospectus. Different minimums may apply to clients of certain service agents. All classes of shares are not available through all distribution channels. See the Fund's prospectus for additional information.
Most funds offer multiple share classes. Share classes are subject to different fees and expenses, which will affect their performance.
Franklin Distributors, LLC. Member FINRA, SIPC. All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Reports and other information about the funds are available on the EDGAR Database on the SEC's Internet site at www.sec.gov.
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Important data provider notices and terms available at www.franklintempletondatasources.com.
Performance data quoted represents past performance, which does not guarantee future results.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Indexes are unmanaged and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
Investors should carefully consider a fund's investment goals, risks, sales charges and expenses before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing or sending money.
The FTSE World Government Bond Index ("WGBI") measures the performance of fixed-rate, local-currency, investment-grade sovereign bonds. The WGBI currently comprises sovereign debt from multiple countries, denominated in a variety of currencies. The WGBI provides a broad benchmark for the global sovereign fixed income market.
Source: FTSE.
FINANCIAL ADVISORS: Please note that not all share classes may be available for sale at your firm. Please call Franklin Templeton at (800) DIAL BEN/342-5236 for more information.
Footnotes
Net Asset Value - the amount per share you would receive if you sold shares that day. NAV Change indicates a change in the Net Asset Value from the previous business day.
Public Offering Price – the purchase price for each share of the fund on a given day. It includes the maximum initial sales charge, if any.
Figures are aggregate total return figures, have not been annualized and represent the change in value of an investment over the period indicated.
©2025 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
Distribution Rate is the total of the trailing 12-month distribution amounts paid, divided by the NAV as of the date indicated. The Distribution Rate calculation includes income and excludes special distributions. The Distribution Rate is subject to change and is not guaranteed nor a quotation of fund performance.
With Waiver means the performance quote reflects any applicable expense reductions and fee waivers.
During periods of rising inflation, fund yields can vary significantly from month-to-month and may not be repeated.
30-Day SEC Yield is calculated using the net income (interest and dividends) per share earned over a trailing 30-day period (annualized), divided by the fund’s share price at the end of that period. It may not equal the fund’s actual income distribution rate, which reflects the fund’s past dividends paid to shareholders.
Gross Expense Ratio reflects the total annual operating expenses for the share class shown, prior to the deduction of any waiver or reimbursement. Actual expenses may be higher and may impact portfolio returns. Net Expense Ratio reflects total expenses after any fee waivers, implemented expense caps or reimbursements. If a fund has contractual fee waivers, expense caps and/or reimbursements, the expiration date can be found by clicking on the information button next to the net expense ratio. Additional amounts may be voluntarily waived and/or reimbursed and may be modified or discontinued at any time without notice. Expense ratios are as of the most recent prospectus or annual report.
Net Expense Ratio represents the expense ratio applicable to investors.
For net asset value (NAV) purchases, a 1% contingent deferred sales charge (CDSC) may apply to shares redeemed within 18 months.
Average Coupon is calculated without the deduction of fees and expenses.
Credit Quality is a measure of a bond issuer's ability to repay interest and principal in a timely manner. The credit ratings shown are based on each portfolio security's rating as provided by S&P Global Ratings, Moody's Investors Service and/or Fitch Ratings, Inc. and typically range from AAA (highest) to D (lowest), or an equivalent and/or similar rating. For this purpose, the manager assigns each security the middle rating from these three agencies. When only two agencies provide ratings, the lower of the two ratings will be assigned. When only one agency assigns a rating, that rating will be used. Foreign government bonds without a specific rating are assigned a country rating, if available. Securities that are unrated by all three agencies are reflected as such. The credit quality of the investments in the portfolio does not apply to the stability or safety of the portfolio. The methodology used for the calculation of credit quality ratings displayed may differ from the methodology for monitoring investment limits, if applicable. Please note, the portfolio itself has not been rated by an independent rating agency.