BrandywineGLOBAL - High Yield Fund (BGHSX)
The mutual fund's primary objective is to invest a significant portion of its assets in high yield securities, specifically focusing on a diversified portfolio of corporate debt securities rated below investment grade or unrated by the subadviser, including "junk bonds" and "distressed debt."
Fund Info
Dec 3, 2014
$1,000,000
Expense Ratio
BGHSX features an expense ratio of 0.54%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BrandywineGLOBAL - High Yield Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
BrandywineGLOBAL - High Yield Fund had a return of 8.18% year-to-date (YTD) and 9.17% in the last 12 months. Over the past 10 years, BrandywineGLOBAL - High Yield Fund had an annualized return of 2.60%, while the S&P 500 had an annualized return of 11.06%, indicating that BrandywineGLOBAL - High Yield Fund did not perform as well as the benchmark.
BGHSX
8.18%
-0.10%
4.71%
9.17%
3.13%
2.60%
^GSPC (Benchmark)
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Monthly Returns
The table below presents the monthly returns of BGHSX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.84% | 0.38% | 1.32% | -0.77% | 1.13% | 0.90% | 1.73% | 1.31% | 0.94% | 0.13% | 0.48% | 8.18% | |
| 2023 | 4.13% | -0.99% | 0.00% | 1.64% | -0.10% | 1.24% | 1.76% | 0.62% | -0.83% | -1.33% | 4.92% | 3.48% | 15.29% |
| 2022 | -2.14% | -1.20% | -0.80% | -3.20% | -0.52% | -6.02% | 4.69% | -0.42% | -3.83% | 1.98% | 2.65% | -0.47% | -9.32% |
| 2021 | -0.00% | 0.26% | -0.00% | 0.52% | -0.17% | 1.10% | -0.24% | 0.32% | 0.14% | -0.19% | -0.72% | -1.00% | -0.01% |
| 2020 | 1.00% | -0.81% | -12.31% | 4.03% | 4.96% | 2.27% | 3.51% | 1.52% | -0.62% | 0.09% | 3.54% | -2.48% | 3.54% |
| 2019 | 2.94% | 0.76% | 1.23% | 1.40% | -1.10% | 1.95% | 0.37% | 0.73% | -0.99% | 0.18% | 0.36% | -0.09% | 7.92% |
| 2018 | 0.65% | -0.83% | -0.74% | 0.09% | -0.28% | 0.00% | 0.28% | 0.09% | -0.09% | -1.40% | -0.95% | -2.11% | -5.19% |
| 2017 | 0.56% | 1.21% | 0.37% | 0.46% | 0.46% | 0.36% | 0.27% | -0.27% | 0.27% | 0.09% | -0.36% | -2.18% | 1.22% |
| 2016 | -2.47% | -1.01% | 4.80% | 2.34% | 0.29% | -0.19% | 2.09% | 2.14% | -0.27% | -0.37% | -1.19% | -1.02% | 5.03% |
| 2015 | 0.79% | 2.16% | 0.38% | 1.53% | 0.57% | -0.94% | 0.19% | -1.42% | -1.63% | 2.34% | -0.95% | -2.50% | 0.40% |
| 2014 | 1.00% | 1.00% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 96, BGHSX is among the top 4% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BrandywineGLOBAL - High Yield Fund (BGHSX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BrandywineGLOBAL - High Yield Fund provided a 6.66% dividend yield over the last twelve months, with an annual payout of $0.69 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $0.69 | $0.70 | $0.60 | $0.34 |
Dividend yield | 6.66% | 6.95% | 6.34% | 3.10% |
Monthly Dividends
The table displays the monthly dividend distributions for BrandywineGLOBAL - High Yield Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.07 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.07 | $0.06 | $0.06 | $0.06 | $0.00 | $0.00 | $0.63 |
| 2023 | $0.05 | $0.05 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.07 | $0.06 | $0.70 |
| 2022 | $0.04 | $0.04 | $0.05 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.08 | $0.06 | $0.60 |
| 2021 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.34 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the BrandywineGLOBAL - High Yield 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 - High Yield Fund was 18.15%, occurring on Mar 23, 2020. Recovery took 93 trading sessions.
The current BrandywineGLOBAL - High Yield Fund drawdown is 1.15%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.15% | Feb 24, 2020 | 21 | Mar 23, 2020 | 93 | Aug 4, 2020 | 114 |
| -16.44% | Dec 14, 2020 | 452 | Sep 29, 2022 | 312 | Dec 27, 2023 | 764 |
| -10.13% | Jun 30, 2015 | 157 | Feb 11, 2016 | 104 | Jul 12, 2016 | 261 |
| -8.09% | Oct 25, 2017 | 296 | Dec 28, 2018 | 166 | Aug 27, 2019 | 462 |
| -3.54% | Aug 30, 2016 | 76 | Dec 15, 2016 | 109 | May 24, 2017 | 185 |
Volatility
Volatility Chart
The current BrandywineGLOBAL - High Yield Fund volatility is 0.82%, 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.