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BrandywineGLOBAL - Corporate Credit Fund (BCAAX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

IssuerFranklin Templeton Investments
Inception DateSep 29, 2002
CategoryHigh Yield Bonds
Min. Investment$1,000
Asset ClassBond

Expense Ratio

BCAAX has a high expense ratio of 0.86%, indicating higher-than-average management fees.


Expense ratio chart for BCAAX: current value at 0.86% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.86%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


BrandywineGLOBAL - Corporate Credit Fund

Popular comparisons: BCAAX vs. BGHSX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in BrandywineGLOBAL - Corporate Credit Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%15.00%2024FebruaryMarchAprilMayJune
4.34%
14.78%
BCAAX (BrandywineGLOBAL - Corporate Credit Fund)
Benchmark (^GSPC)

S&P 500

Returns By Period

BrandywineGLOBAL - Corporate Credit Fund had a return of 3.24% year-to-date (YTD) and 11.81% in the last 12 months. Over the past 10 years, BrandywineGLOBAL - Corporate Credit Fund had an annualized return of 1.28%, while the S&P 500 had an annualized return of 10.85%, indicating that BrandywineGLOBAL - Corporate Credit Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date3.24%15.04%
1 month0.61%3.47%
6 months4.54%15.07%
1 year11.81%24.43%
5 years (annualized)2.35%13.22%
10 years (annualized)1.28%10.85%

Monthly Returns

The table below presents the monthly returns of BCAAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.85%0.52%1.04%-0.68%1.10%3.24%
20233.51%-0.82%-0.32%1.61%-0.04%1.09%1.52%0.45%-0.73%-1.14%4.41%3.24%13.33%
2022-1.89%-1.04%-0.92%-2.85%-0.10%-5.83%4.42%-0.65%-3.50%1.72%2.55%-0.55%-8.69%
20210.00%0.00%-0.25%0.34%-0.25%0.94%-0.38%0.33%0.07%-0.16%-0.68%1.51%1.45%
20200.87%-0.69%-12.27%3.08%4.33%2.12%3.34%1.14%-0.60%0.17%2.69%-0.17%2.96%
20192.69%0.54%0.99%1.16%-0.97%1.51%0.35%0.61%-0.78%0.17%0.26%-0.17%6.50%
20180.35%-0.70%-0.71%-0.00%-0.36%-0.00%0.27%-0.18%0.00%-1.25%-0.72%-1.64%-4.86%
20170.45%0.81%0.18%0.44%0.27%0.18%0.26%-0.17%0.09%-0.09%-0.44%-0.26%1.71%
2016-1.71%-0.39%3.10%2.07%0.37%-0.18%1.56%1.63%-0.27%-0.27%-1.17%0.91%5.70%
20150.37%1.37%-0.09%0.63%0.00%-0.98%-0.36%-1.18%-1.74%1.49%-1.10%-2.14%-3.75%
20140.27%0.27%-0.09%0.00%-0.00%0.00%-1.25%0.36%-1.26%0.55%-0.36%-0.73%-2.23%
20130.09%-0.00%0.18%0.45%-0.89%-1.52%1.00%-0.63%0.36%1.08%-0.00%-0.00%0.09%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of BCAAX is 95, placing it in the top 5% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of BCAAX is 9595
BCAAX (BrandywineGLOBAL - Corporate Credit Fund)
The Sharpe Ratio Rank of BCAAX is 9797Sharpe Ratio Rank
The Sortino Ratio Rank of BCAAX is 9797Sortino Ratio Rank
The Omega Ratio Rank of BCAAX is 9696Omega Ratio Rank
The Calmar Ratio Rank of BCAAX is 9393Calmar Ratio Rank
The Martin Ratio Rank of BCAAX is 9494Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for BrandywineGLOBAL - Corporate Credit Fund (BCAAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


BCAAX
Sharpe ratio
The chart of Sharpe ratio for BCAAX, currently valued at 3.32, compared to the broader market-1.000.001.002.003.004.003.32
Sortino ratio
The chart of Sortino ratio for BCAAX, currently valued at 6.13, compared to the broader market0.005.0010.006.13
Omega ratio
The chart of Omega ratio for BCAAX, currently valued at 1.83, compared to the broader market1.002.003.004.001.83
Calmar ratio
The chart of Calmar ratio for BCAAX, currently valued at 2.37, compared to the broader market0.005.0010.0015.002.37
Martin ratio
The chart of Martin ratio for BCAAX, currently valued at 16.04, compared to the broader market0.0020.0040.0060.0080.0016.04
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.17, compared to the broader market-1.000.001.002.003.004.002.17
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.07, compared to the broader market0.005.0010.003.07
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.38, compared to the broader market1.002.003.004.001.38
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.73, compared to the broader market0.005.0010.0015.001.73
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.12, compared to the broader market0.0020.0040.0060.0080.008.12

Sharpe Ratio

The current BrandywineGLOBAL - Corporate Credit Fund Sharpe ratio is 3.32. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of BrandywineGLOBAL - Corporate Credit Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.502.002.503.003.504.002024FebruaryMarchAprilMayJune
3.32
2.10
BCAAX (BrandywineGLOBAL - Corporate Credit Fund)
Benchmark (^GSPC)

Dividends

Dividend History

BrandywineGLOBAL - Corporate Credit Fund granted a 6.61% dividend yield in the last twelve months. The annual payout for that period amounted to $0.70 per share.


PeriodTTM202320222021
Dividend$0.70$0.65$0.58$0.54

Dividend yield

6.61%6.25%5.84%4.68%

Monthly Dividends

The table displays the monthly dividend distributions for BrandywineGLOBAL - Corporate Credit Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.06$0.05$0.06$0.06$0.06$0.00$0.29
2023$0.05$0.05$0.06$0.05$0.06$0.06$0.05$0.06$0.06$0.06$0.06$0.06$0.65
2022$0.03$0.03$0.04$0.04$0.04$0.08$0.04$0.04$0.05$0.05$0.08$0.05$0.58
2021$0.04$0.05$0.04$0.04$0.04$0.04$0.29$0.54

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%2024FebruaryMarchAprilMayJune
-0.09%
0
BCAAX (BrandywineGLOBAL - Corporate Credit Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the BrandywineGLOBAL - Corporate Credit Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the BrandywineGLOBAL - Corporate Credit Fund was 36.67%, occurring on Mar 6, 2009. Recovery took 3710 trading sessions.

The current BrandywineGLOBAL - Corporate Credit Fund drawdown is 0.09%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-36.67%Apr 30, 2007468Mar 6, 20093710Nov 30, 20234178
-6.19%Mar 26, 200434May 13, 2004135Nov 24, 2004169
-4.91%Nov 26, 2004256Nov 30, 2005291Jan 30, 2007547
-2.99%Jul 15, 200317Aug 6, 200346Oct 10, 200363
-1.52%Apr 1, 202412Apr 16, 202414May 6, 202426

Volatility

Volatility Chart

The current BrandywineGLOBAL - Corporate Credit Fund volatility is 0.74%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%2.00%3.00%4.00%2024FebruaryMarchAprilMayJune
0.74%
2.33%
BCAAX (BrandywineGLOBAL - Corporate Credit Fund)
Benchmark (^GSPC)