BrandywineGLOBAL - Global Unconstrained Bond Fund (LROIX)
The fund normally invests at least 80% of its net assets, plus the amount of borrowings for investment purposes, if any, in fixed income securities or other instruments with similar economic characteristics. It will initiate long and short exposures by investing across bond sectors, including sovereign debt and corporate bonds; currencies; and derivative instruments. The weighted average effective duration of the fund's portfolio, including derivatives, is expected to range from -5 to +8 years. The fund is non-diversified.
Fund Info
US5246866728
524686672
Feb 27, 2011
$1,000,000
Expense Ratio
LROIX features an expense ratio of 0.85%, 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 - Global Unconstrained 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 Unconstrained Bond Fund had a return of 3.85% year-to-date (YTD) and 4.46% in the last 12 months. Over the past 10 years, BrandywineGLOBAL - Global Unconstrained Bond Fund had an annualized return of 1.04%, while the S&P 500 had an annualized return of 11.29%, indicating that BrandywineGLOBAL - Global Unconstrained Bond Fund did not perform as well as the benchmark.
LROIX
3.85%
2.31%
0.08%
4.46%
1.49%
1.04%
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of LROIX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.35% | 3.85% | |||||||||||
| 2024 | -0.95% | -1.40% | 0.91% | -2.67% | 2.10% | -0.83% | 1.56% | 2.52% | 1.45% | -2.56% | -0.27% | -1.55% | -1.85% |
| 2023 | 1.91% | -3.23% | 2.94% | 0.26% | 0.09% | 0.88% | 0.60% | -3.50% | -4.47% | -1.95% | 5.59% | 5.05% | 3.64% |
| 2022 | -0.08% | -1.96% | -0.67% | -2.93% | -0.35% | -3.47% | 2.69% | 0.00% | -1.92% | -0.89% | 4.50% | 0.55% | -4.69% |
| 2021 | -1.27% | 0.72% | -1.23% | 0.81% | 1.28% | 0.95% | -1.02% | -0.08% | -1.16% | -0.41% | 0.49% | 0.08% | -0.88% |
| 2020 | -1.17% | -1.52% | -5.54% | 2.29% | 3.04% | 1.56% | 2.99% | 0.42% | -1.16% | -0.59% | 4.29% | 2.48% | 6.89% |
| 2019 | 2.47% | -0.17% | -0.78% | 0.52% | -1.73% | 2.82% | -1.71% | -2.18% | 1.16% | 2.91% | -1.54% | 3.82% | 5.47% |
| 2018 | 4.30% | -1.11% | 0.32% | -0.97% | -3.66% | -0.75% | 1.89% | -3.21% | 1.94% | -3.37% | 0.36% | 1.45% | -3.09% |
| 2017 | 1.54% | 0.76% | 1.47% | 0.25% | 0.25% | 2.42% | 1.53% | -0.24% | 0.91% | -2.30% | 0.24% | -1.34% | 5.52% |
| 2016 | -0.45% | 0.63% | 2.85% | 0.95% | -2.40% | 1.85% | 0.43% | -0.00% | -0.00% | 1.55% | -1.86% | 0.95% | 4.46% |
| 2015 | 2.33% | -0.24% | -1.05% | -0.32% | 0.00% | -1.16% | -0.65% | -2.30% | -1.81% | 1.47% | 0.00% | -3.03% | -6.67% |
| 2014 | -1.93% | 0.87% | 2.18% | -0.16% | 1.98% | -0.39% | 0.39% | 1.40% | 0.00% | 1.63% | 0.30% | -3.83% | 2.31% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of LROIX is 33, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BrandywineGLOBAL - Global Unconstrained Bond Fund (LROIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BrandywineGLOBAL - Global Unconstrained Bond Fund provided a 6.36% dividend yield over the last twelve months, with an annual payout of $0.70 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.70 | $0.70 | $0.37 | $0.15 | $0.27 | $0.12 | $0.00 | $0.40 | $0.26 | $0.00 | $0.40 | $0.43 |
Dividend yield | 6.36% | 6.60% | 3.21% | 1.34% | 2.19% | 0.97% | 0.00% | 3.57% | 2.15% | 0.00% | 3.60% | 3.45% |
Monthly Dividends
The table displays the monthly dividend distributions for BrandywineGLOBAL - Global Unconstrained 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.19 | $0.70 |
| 2023 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.13 | $0.37 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2021 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.04 | $0.27 |
| 2020 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.12 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2018 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.05 | $0.40 |
| 2017 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.26 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2015 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.21 | $0.40 |
| 2014 | $0.03 | $0.03 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.21 | $0.43 |
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 - Global Unconstrained 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 Unconstrained Bond Fund was 14.55%, occurring on Mar 20, 2020. Recovery took 114 trading sessions.
The current BrandywineGLOBAL - Global Unconstrained Bond Fund drawdown is 1.81%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.55% | Feb 2, 2018 | 536 | Mar 20, 2020 | 114 | Sep 1, 2020 | 650 |
| -14.39% | Jun 10, 2021 | 595 | Oct 19, 2023 | — | — | — |
| -12.73% | Nov 25, 2014 | 290 | Jan 21, 2016 | 371 | Jul 12, 2017 | 661 |
| -8.16% | May 13, 2013 | 76 | Aug 28, 2013 | 297 | Oct 31, 2014 | 373 |
| -5.03% | Sep 25, 2017 | 65 | Dec 26, 2017 | 25 | Feb 1, 2018 | 90 |
Volatility
Volatility Chart
The current BrandywineGLOBAL - Global Unconstrained Bond Fund volatility is 1.08%, 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.