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?
- You want to protect your money from inflation while also protecting it from large swings in the market.
- You want to invest in fixed-income securities from anywhere in the world.
- You're comfortable with a low to medium level of risk.
Risk Rating
How is the fund invested?
(as of April 30, 2024)
Asset allocation (%)
|
Name |
Percent |
|
Foreign Bonds |
77.1 |
|
Cash and Equivalents |
11.3 |
|
Domestic Bonds |
0.8 |
|
Other |
10.8 |
Geographic allocation (%)
|
Name |
Percent |
|
United States |
58.7 |
|
Canada |
10.3 |
|
Mexico |
7.7 |
|
United Kingdom |
7.5 |
|
Colombia |
6.0 |
|
Brazil |
3.1 |
|
Spain |
3.0 |
|
Panama |
2.1 |
|
Argentina |
1.4 |
|
Other |
0.2 |
Sector allocation (%)
|
Name |
Percent |
|
Fixed Income |
88.6 |
|
Cash and Cash Equivalent |
11.3 |
|
Other |
0.1 |
Growth of $10,000
(since inception)
Data not available based on date of inception
Fund details
(as of April 30, 2024)
Top holdings |
% |
Cash and Cash Equivalents |
9.4 |
United Kingdom Government 3.75% 22-Oct-2053 |
7.5 |
Colombia Government 7.00% 26-Mar-2031 |
3.9 |
Mexico Government 7.50% 26-May-2033 |
3.4 |
Spain Government 1.90% 31-Oct-2052 |
3.0 |
Petroleos Mexicanos 5.35% 12-Feb-2028 |
2.3 |
Brazil Government 10.00% 01-Jan-2027 |
2.2 |
Freddie Mac Stacr Remic Trust 8.69% 25-Nov-2043 |
2.2 |
Mexico Government 8.00% 31-Jul-2053 |
1.9 |
Colombia Government 7.25% 26-Oct-2050 |
1.8 |
Total allocation in top holdings |
37.6 |
Portfolio characteristics |
|
Standard deviation |
6.5% |
Yield to maturity |
7.8% |
Duration (years) |
5.8 |
Coupon |
6.6% |
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 - June 30, 2024)
Best return |
Best period end date |
Worst return |
Worst period end date |
1.7% |
Dec. 2023 |
0.6% |
June 2024 |
Average return |
% of periods with positive returns |
Number of positive periods |
Number of negative periods |
1.2% |
100.0% |
7 |
0 |
(March 31, 2024)
Brandywine Global Investment Management, LLC
FEL — MAX1262
Contact information
Toll free: 1-888-252-1847