• Search Funds
  • Model Portfolios
  • Provider
  • Sector
  • Manager

Search by provider name

Search by sector name

Search by manager name

Search by Risk Level

Legg Mason Brandywine Global Fixed Income Absolute Return Fund X GBP Distr (M) (Hedged)

  • Fund Info & charges
  • Performance
  • Fund breakdown
  • Dividend History
Fund Provider Legg Mason Investments (Ireland) Limited
Fund Summary The Fund seeks to generate positive returns that are independent of market cycles, through income and capital appreciation, by investing at least 70% of its Net Asset Value in debt securities, convertible securities that can be exchanged into shares, investment funds, and financial contracts, which are listed or traded anywhere in the world. The Fund may take advantage of the entire range of maturities and durations when purchasing debt securities, and may adjust the average duration of the Fund™s investments from time to time. The high end of the range of the total weighted average duration of the Fund™s investments will change from +5 years to +7 years. The maximum weighted average duration of the Fund™s long positions (including derivatives) will change from +5 years to +7 years.
SEDOL code B7VSFK6
ISIN IE00B7VSFK60
Fund code LMBGD
Managers David Hoffman, Anujeet Sareen, Jack McIntyre, Steve Smith
Manager Tenure 8 years
Morningstar Category Alt - Long/Short Credit
Fund Size £622 million
Fund Type OEIC
Management Style Active
Ongoing Charge Figure (OCF) 1.16%
Cavendish ongoing charge 0.05%
FundsNetwork Service Fee 0.20%
Minimum Initial Investment £25
Minimum Top Up £25
Minimum Monthly Investment £25
Sell Price £88.9500
Buy Price £88.9500
Price Change +0.2141%
Price Date 8th July 2020
Yield Currently unavailable
Dividend Frequency Monthly
ISA Eligible Yes
SIPP Eligible Yes
Inception Date 22nd September 2014
Fund Status OPEN
David is co-lead portfolio manager for the Firm's Global Fixed Income and related strategies. He joined the Firm in 1995. Previously, David was president of Hoffman Capital, a global financial futures investment firm (1991-1995); head of fixed income investments at Columbus Circle Investors (1983-1990); senior vice president and portfolio manager at INA Capital Management (1979-1982), and fixed income portfolio manager at Provident National Bank (1975-1979).

3-year Mean Monthly Return: -0.136%

Annual Returns 2019 2018 2017 2016 2015 2014
Fund Performance -1.10% -0.65% -3.94% +5.59% -2.31% +2.64%
Benchmark Performance
(Alt - Long/Short Credit)
Time Period Cumulative Benchmark Performance
(Alt - Long/Short Credit)
Fund Compared to Benchmark
1 day 0.21% Currently unavailable Currently unavailable
1 week 0.95% Currently unavailable Currently unavailable
1 month -0.17% Currently unavailable Currently unavailable
3 months 8.61% Currently unavailable Currently unavailable
6 months -0.24% Currently unavailable Currently unavailable
1 year 0.61% Currently unavailable Currently unavailable
3 years -1.51% Currently unavailable Currently unavailable
5 years -0.08% Currently unavailable Currently unavailable
10 years Currently unavailable Currently unavailable Currently unavailable
YTD -0.62% Currently unavailable Currently unavailable
Since inception Currently unavailable Currently unavailable Currently unavailable

Top 10 shares for this fund

Share Name Country Value
United States Treasury Notes 0.28% USA 13.51%
Republic of Colombia 6% COL 4.51%
Goldman Sachs Group, Inc. 1.11% USA 3.66%
NBCUniversal Enterprise Inc 1.83% USA 3.38%
Angel Oak Mortgage Trust I Llc 2.47% USA 3.19%
Indonesia (Republic of) 9% IDN 3.19%
Daimler Finance North America LLC 0.81% USA 3.12%
Mexico (United Mexican States) 8.5% MEX 2.92%
Citibank, N.A. 0.78% USA 2.76%
Ford Motor Credit Company LLC 2.18% USA 2.65%
Dividend Date Per share amount Reinvestment Price
15th June 2020 0.1148 £87.9300
18th May 2020 0.1387 £84.5100
20th April 2020 0.1508 £82.8400
16th March 2020 0.1371 £81.3600
18th February 2020 0.1638 £89.3900
21st January 2020 0.2267 £89.5300