BrandywineGLOBAL - Global Unconstrained Bond Fund (LROIX)

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BrandywineGLOBAL - Global Unconstrained Bond Fund (LROIX) is up 0.9% since the beginning of the year. LROIX is currently trading at $11 per share. Investors who bought $1,000 worth of LROIX shares 5 years ago would now be looking at an investment worth $1,066.

BrandywineGLOBAL - Global Unconstrained Bond Fund (LROIX) has returned 0.93% so far this year and 4.48% over the past 12 months. Over the last ten years, LROIX has returned 2.62% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Feb 28, 2011, LROIX's average daily return is +0.01%, while the average monthly return is +0.22%. At this rate, an investment would double in approximately 26.3 years.

Historically, 56% of months were positive and 44% were negative. The best month was Nov 2023 with a return of +5.6%, while the worst month was Mar 2020 at -5.5%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 8 months.

On a daily basis, LROIX closed higher 45% of trading days. The best single day was Nov 14, 2023 with a return of +2.2%, while the worst single day was Mar 12, 2020 at -2.1%.

BrandywineGLOBAL - Global Unconstrained Bond Fund has an annualized alpha of 1.14%, beta of 0.11, and R2 of 0.12 versus S&P 500 Index. Calculated based on daily prices since March 01, 2011.

• This fund participated in 31.31% of S&P 500 Index downside but only 21.04% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.11 may look defensive, but with R2 of 0.12 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 0.12 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.

LROIX has an expense ratio of 0.85%, placing it in the medium range.

LROIX ranks 71 for risk / return — better than 71% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for BrandywineGLOBAL - Global Unconstrained Bond Fund (LROIX) and compare them to S&P 500 Index.

BrandywineGLOBAL - Global Unconstrained Bond Fund provided a 5.04% dividend yield over the last twelve months, with an annual payout of $0.56 per share.

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.

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.

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 14.54%, occurring on Mar 20, 2020. Recovery took 114 trading sessions.

The current BrandywineGLOBAL - Global Unconstrained Bond Fund drawdown is 0.09%.

The chart below shows the rolling one-month volatility.