BrandywineGLOBAL - Global Opportunities Bond Fund (GOBSX)
The fund normally invests at least 80% of its net assets in fixed income securities of issuers located in developed market countries. It will invest in both investment grade and below investment grade fixed income securities, and the advisor intends to invest less than 35% of its net assets in below investment grade fixed income securities (commonly known as "high yield debt" or "junk bonds"). The fund may invest up to 25% of its net assets in convertible debt securities. It is non-diversified.
Fund Info
| ISIN | US5246863188 |
|---|---|
| Issuer | Legg Mason |
| Inception Date | Oct 31, 2006 |
| Category | Global Bonds |
| Min. Investment | $1,000,000 |
| Asset Class | Bond |
Expense Ratio
The BrandywineGLOBAL - Global Opportunities Bond Fund has a high expense ratio of 0.56%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: GOBSX vs. QYLD
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BrandywineGLOBAL - Global Opportunities Bond 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 - Global Opportunities Bond Fund had a return of -8.15% year-to-date (YTD) and -5.34% in the last 12 months. Over the past 10 years, BrandywineGLOBAL - Global Opportunities Bond Fund had an annualized return of 0.12%, while the S&P 500 had an annualized return of 10.55%, indicating that BrandywineGLOBAL - Global Opportunities Bond Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -8.15% | 6.30% |
| 1 month | -3.30% | -3.13% |
| 6 months | 6.07% | 19.37% |
| 1 year | -5.34% | 22.56% |
| 5 years (annualized) | -0.99% | 11.65% |
| 10 years (annualized) | 0.12% | 10.55% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -2.98% | -1.98% | 0.08% | |||||||||
| 2023 | -5.12% | -2.88% | 8.02% | 7.29% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
BrandywineGLOBAL - Global Opportunities Bond Fund(GOBSX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BrandywineGLOBAL - Global Opportunities Bond Fund (GOBSX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BrandywineGLOBAL - Global Opportunities Bond Fund granted a 0.65% dividend yield in the last twelve months. The annual payout for that period amounted to $0.06 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.06 | $0.01 | $0.59 | $0.25 | $0.04 | $0.16 | $0.39 | $0.52 | $0.19 | $0.25 | $0.54 | $0.47 |
Dividend yield | 0.65% | 0.09% | 6.70% | 2.30% | 0.31% | 1.49% | 3.92% | 4.84% | 1.87% | 2.61% | 4.96% | 4.36% |
Monthly Dividends
The table displays the monthly dividend distributions for BrandywineGLOBAL - Global Opportunities Bond 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.05 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 |
| 2022 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.38 |
| 2021 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.15 |
| 2020 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 |
| 2018 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.13 |
| 2017 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.39 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 |
| 2015 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 |
| 2014 | $0.03 | $0.03 | $0.04 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.28 |
| 2013 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.14 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the BrandywineGLOBAL - Global Opportunities Bond 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 - Global Opportunities Bond Fund was 29.04%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current BrandywineGLOBAL - Global Opportunities Bond Fund drawdown is 21.49%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -29.04% | Jun 9, 2021 | 348 | Oct 24, 2022 | — | — | — |
| -19.67% | May 22, 2008 | 135 | Dec 3, 2008 | 165 | Jul 31, 2009 | 300 |
| -18.58% | Feb 2, 2018 | 535 | Mar 19, 2020 | 81 | Jul 15, 2020 | 616 |
| -12.46% | Sep 2, 2014 | 349 | Jan 20, 2016 | 140 | Aug 9, 2016 | 489 |
| -10.03% | May 9, 2013 | 83 | Sep 5, 2013 | 183 | May 29, 2014 | 266 |
Volatility
Volatility Chart
The current BrandywineGLOBAL - Global Opportunities Bond Fund volatility is 3.35%, 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.