The BrandywineGLOBAL - Global Income Opportunities Fund offers a 13.73% yield but faces sustainability concerns as net investment income lags distributions. BWG's portfolio is heavily weighted toward emerging market sovereign and corporate bonds, with significant non-U.S. dollar currency exposure for diversification. Despite underperforming on price, BWG's high yield enabled it to outperform broad bond indices on a total return basis over recent periods.
BrandywineGLOBAL - Global Income Opportunities Fund offers a globally diversified, leveraged fixed-income portfolio, trading at a 9.73% discount with a 12.03% yield. BWG's NAV returns have lagged comparable non-leveraged ETFs like GHYG and EMHY, despite higher risk from leverage. The fund's distribution coverage has improved with rising NII and a cut in the payout a number of years ago but still requires some capital appreciation to cover.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 20,207 | $160,440 | $139,024.16 | -$21,415.84 | -13.35% |
| PB Patricia Buchholtz ECLECTIC ASSOCIATES Inc. /ADV | 44,191 | $358,926.64 | $307,348.4 | -$51,578.24 | -14.37% |
| RAS Robert A. Saperstein Guggenheim Capital LLC | 34,066 | $277,606.15 | $238,121.34 | -$39,484.81 | -14.22% |
Jennifer Grunberg Allspring Global Investments Holdings LLC | 740,410 | $6.97M | $5.16M | -$1.81M | -25.95% |
| PIL PFG Investments LLC PFG Investments LLC | 12,364 | $102,658.19 | $85,929.8 | -$16,728.39 | -16.3% |