- Issuer
- Franklin Templeton
- Inception Date
- Dec 3, 2014
- Category
- High Yield Bonds
- Min. Investment
- $1,000,000
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
BGHSX Performance Chart
BrandywineGLOBAL - High Yield Fund (BGHSX) is down 0.2% since the beginning of the year. BGHSX is currently trading at $10 per share.
Loading charts...
Compare this symbol against anything
Returns By Period
BrandywineGLOBAL - High Yield Fund (BGHSX) has returned -0.16% so far this year and 2.97% over the past 12 months.
BrandywineGLOBAL - High Yield Fund
- 1D
- 0.10%
- 1M
- -0.70%
- 6M
- -0.10%
- YTD
- -0.16%
- 1Y
- 2.97%
- 3Y*
- 6.94%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 3.55%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
BGHSX Monthly Returns History
Based on dividend-adjusted daily data since Aug 4, 2021, BGHSX's average daily return is +0.01%, while the average monthly return is +0.31%. At this rate, an investment would double in approximately 18.7 years.
Historically, 60% of months were positive and 40% were negative. The best month was Nov 2023 with a return of +4.9%, while the worst month was Jun 2022 at -6.5%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.
On a daily basis, BGHSX closed higher 39% of trading days. The best single day was Nov 30, 2022 with a return of +1.3%, while the worst single day was Jun 14, 2022 at -2.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.05% | -0.79% | -0.67% | 1.65% | 0.13% | 0.32% | -0.70% | -0.16% | |||||
| 2025 | 1.42% | 0.44% | -1.45% | -0.77% | 1.14% | 1.37% | 0.50% | 1.29% | 0.91% | -0.27% | 0.29% | 0.58% | 5.55% |
| 2024 | 0.84% | 0.38% | 1.32% | -0.77% | 1.27% | 0.80% | 1.73% | 1.31% | 0.94% | 0.14% | 1.30% | 0.23% | 9.90% |
| 2023 | 4.13% | -0.99% | 0.00% | 1.04% | -0.10% | 1.24% | 1.76% | 0.00% | -0.82% | -1.97% | 4.93% | 3.50% | 13.21% |
| 2022 | -2.14% | -1.20% | -0.80% | -3.20% | -0.52% | -6.49% | 4.16% | -0.42% | -3.83% | 1.95% | 2.65% | -0.44% | -10.23% |
| 2021 | 0.32% | 0.14% | -0.19% | -0.72% | 1.59% | 1.12% |
Benchmark Metrics
BrandywineGLOBAL - High Yield Fund has an annualized alpha of 2.11%, beta of 0.13, and R2 of 0.24 versus S&P 500 Index. Calculated based on daily prices since August 04, 2021.
- This fund participated in 34.17% of S&P 500 Index downside but only 26.14% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.13 may look defensive, but with R2 of 0.24 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.24 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 2.11%
- Beta
- 0.13
- R²
- 0.24
- Upside Capture
- 26.14%
- Downside Capture
- 34.17%
Expense Ratio
BGHSX has an expense ratio of 0.54%, placing it in the medium range.
Return for Risk
Risk / Return Rank
BGHSX ranks 33 for risk / return — above 33% of mutual funds peers on PortfoliosLab. Its historical combined result is below the peer median.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for BrandywineGLOBAL - High Yield Fund (BGHSX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BGHSX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.33 | ||
| Sortino ratioReturn per unit of downside risk | -0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.25 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.27 | 2.00 | -0.73 |
| Martin ratioReturn relative to average drawdown | 5.11 | 8.49 | -3.38 |
Dividends
Dividend History
BrandywineGLOBAL - High Yield Fund provided a 5.63% dividend yield over the last twelve months, with an annual payout of $0.56 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Dividend | $0.56 | $0.72 | $0.77 | $0.53 | $0.50 | $0.52 |
Dividend yield | 5.63% | 7.08% | 7.49% | 5.23% | 5.32% | 4.71% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.05 | $0.00 | $0.05 | $0.05 | $0.05 | $0.05 | $0.00 | $0.26 | |||||
| 2025 | $0.07 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.05 | $0.06 | $0.06 | $0.06 | $0.72 |
| 2024 | $0.07 | $0.06 | $0.06 | $0.06 | $0.07 | $0.06 | $0.07 | $0.06 | $0.06 | $0.06 | $0.08 | $0.06 | $0.77 |
| 2023 | $0.05 | $0.05 | $0.06 | $0.00 | $0.06 | $0.06 | $0.06 | $0.00 | $0.06 | $0.00 | $0.07 | $0.06 | $0.53 |
| 2022 | $0.04 | $0.04 | $0.05 | $0.04 | $0.05 | $0.00 | $0.00 | $0.05 | $0.05 | $0.05 | $0.08 | $0.06 | $0.50 |
| 2021 | $0.05 | $0.05 | $0.05 | $0.05 | $0.33 | $0.52 |
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.
Loading charts...
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 14.30%, occurring on Sep 29, 2022. Recovery took 304 trading sessions.
The current BrandywineGLOBAL - High Yield Fund drawdown is 0.70%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-14.30%Sep 2022 | 8mo 29d | 1y 2mo | 1y 11moJan 2022 - Dec 2023 | Bear market2022 |
-4.55%Apr 2025 | 1mo 8d | 2mo 21d | 3mo 29dMar 2025 - Jun 2025 | 2025 selloff2025 |
-2.67%Mar 2026 | 1mo 22d | 1mo 4d | 2mo 26dFeb 2026 - Apr 2026 | — |
-1.76%Apr 2024 | 15d | 20d | 1mo 5dApr 2024 - May 2024 | — |
-1.66%Nov 2021 | 17d | 1mo 5d | 1mo 22dNov 2021 - Dec 2021 | — |
Drawdown Indicators
| BGHSX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.30% | -56.78% | +42.48% |
Max Drawdown (1Y)Largest decline over 1 year | -2.67% | -9.10% | +6.43% |
Max Drawdown (3Y)Largest decline over 3 years | -4.55% | -18.90% | +14.35% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.70% | -1.58% | +0.88% |
Average DrawdownAverage peak-to-trough decline | -3.14% | -10.70% | +7.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.66% | 2.14% | -1.48% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with BGHSX
Add BrandywineGLOBAL - High Yield Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with BGHSX