David Hoffman, Stephen Smith, Jack McIntyre and Anujeet Sareen,
portfolio managers of the BrandywineGLOBAL – Global Opportunities Bond
Fund (GOBSX), have been nominated by Morningstar for the 2017 U.S.
Fixed-Income Fund Manager of the Year award. This nomination marks the
third time in six years the Global Opportunities Bond Fund, managed by Brandywine
Global Investment Management, LLC (Brandywine Global), the
Philadelphia-based investment manager with $74 billion in AUM, has been
nominated for the award, including previous recognitions for 2012 and
The Morningstar awards acknowledge managers who not only delivered
impressive performance in 2017, but have also generated excellent
long-term risk-adjusted returns and have been good stewards of fund
“As a team, we insist on challenging each other and conventional
thinking to ensure we’re making what we feel are better investment
decisions. Our top-down, macro-driven process focuses on identifying
value across the globe, and we believe this global approach brings
comprehensive, informed perspectives to our clients,” said David
Hoffman, managing director and portfolio manager for Brandywine Global.
“We’re honored that Morningstar has again recognized our disciplined
approach to global fixed-income markets and our commitment to delivering
long-term, risk-adjusted returns.”
seeks to maximize total return by employing a top-down, value-oriented
and macro-driven investment approach to find the most attractive
combination of high real yields, undervalued currencies and improving
fundamentals across global fixed-income markets.
All investing involves risk. Past performance is no guarantee of future
Fixed income securities involve interest rate, credit, inflation, and
reinvestment risks; and possible loss of principle. As interest rates
rise, the value of fixed income securities falls. Asset-backed,
mortgage-backed or mortgage related securities are subject to additional
risks such as prepayment and extension risks. High yield bonds possess
greater price volatility, illiquidity, and possibility of default.
International investments are subject to special risks including
currency fluctuations, social, economic and political uncertainties,
which could increase volatility. These risks are magnified in emerging
markets. Derivatives, such as options and futures, can be illiquid, may
disproportionately increase losses, and have a potentially large impact
on fund performance. The Fund is not diversified, which means that it is
permitted to invest a higher percentage of its assets in any one issuer
than a diversified fund. This may magnify the Fund’s losses from events
affecting a particular issuer. The Manager’s investment style may become
out of favor and/or the Manager’s selection process may prove incorrect;
which may have a negative impact on the Fund’s performance. Please see
for a more complete discussion of the fund’s investment objectives,
risks, charges and expenses.
About Brandywine Global
Brandywine Global Investment Management, LLC (Brandywine Global)
believes in the power of value investing. Acting with conviction and
discipline, Brandywine Global looks beyond short-term, conventional
thinking to rigorously pursue long-term value. Since 1986, the Firm has
provided a range of differentiated fixed income, equity and alternative
solutions to both institutional and retail clients. An independent
affiliate of Legg Mason, Brandywine Global manages $74 billion in assets
under management as of September 30, 2017, with headquarters in
Philadelphia and offices in San Francisco, Montreal1, Toronto1,
Singapore2 and London3. Visit www.brandywineglobal.com
and the Firm’s industry-leading Around
the Curve blog.
To obtain any further information on any BrandywineGLOBAL fund, please
read the prospectus, call your financial advisor, or visit www.leggmasonfunds.com/individualinvestors.
About Legg Mason
Mason, Inc. is a global asset management firm with assets under
management of $754 billion as of September 30, 2017. The Company
provides active asset management in many major investment centers
throughout the world. Legg Mason is headquartered in Baltimore, MD, and
its common stock is listed on the New York Stock Exchange (symbol: LM).
Morningstar 2017 U.S. Fixed-Income Fund Manager of the Year Awards
Established in 1988, the Morningstar Fund Manager of the Year award
recognizes portfolio managers who demonstrate excellent investment skill
and the courage to differ from the consensus to benefit investors. To
qualify for the award, managers' funds must have not only posted
impressive returns for the year, but the managers also must have a
record of delivering outstanding long-term risk-adjusted performance and
of aligning their interests with shareholders. Managers' funds must
currently have a Morningstar Analyst Rating™ of Gold or Silver. This nomination does
not imply positive performance for the funds being discussed.
© 2018 Legg Mason Investor Services, LLC member FINRA, SIPC.
Brandywine Global Investment Management, LLC and Legg Mason Investor
Services, LLC are subsidiaries of Legg Mason, Inc.
1 Brandywine Global Invest Management (Canada), ULC
Global Investment Management (Asia) Pte. Ltd
3 Brandywine Global
Investment Management (Europe)
INVESTMENT PRODUCTS: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE
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