Fixed Income

ISIN {{shareClass.altcodes.isin}} -

Share Class Inception Date

Performance Inception Date

AUM

Morningstar Rating

Fund AIM

The fund seeks to maximise total return, through capital appreciation and income by investing in a combination of investment grade and high yielding debt securities and financial derivative instruments.

Fund Managers

Prashant Chandran
S. Kenneth Leech

  • The value of investments and the income from them may go down as well as up and you may not get back the amount you originally invested. 

Rolling 12 Month performance (%)

As of
Annual discrete performance data is not available for selected share class
The reported share class has insufficient data history to be able to show past performance.

Cumulative Performance (%)

As of
The reported share class has insufficient data history to be able to show past performance.
YTD % 1-m % 3-m % 1-y % 3-y % 5-y % 10-y %

Calendar Year Performance (%)

As of 
Calendar performance data is not available for selected share class
The reported share class has insufficient data history to be able to show past performance.

(As of ) At NAV
The reported share class has insufficient data history to be able to show past performance.

(As of ) At NAV excluding sales charges
The reported share class has insufficient data history to be able to show past performance.

  • Past performance is not a reliable indicator of future results. Source for performance figures - Legg Mason. NAV to NAV, with gross income reinvested without initial charges but reflecting annual management fees. Sales charges, taxes and other locally applied costs have not been deducted, had they been deducted performance results would be lower. Investment return and principal value of an investment in the Fund will fluctuate, and shares may be worth more or less than their original cost when redeemed. Comparisons to relevant indexes and peer groups are included as a standard against which the performance of a fund can be measured. Index and peer group returns do not reflect any fees, expenses or sales charges. An investor cannot invest directly in an index or peer group. 
    Source for sector median performance: Copyright - © 2019, Morningstar Inc. All Rights Reserved.The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. For more information, visit www.morningstar.co.uk.

    From 25 March 2019, the pricing of securities held in the Fund will use the mean (or mid) value of the bid and ask prices, to calculate the Fund’s Net Asset Values (“NAV”). The Fund previously used a bid price methodology for fixed income securities, and last traded price for equity securities.

    " - " indicates no data available.

Fund Facts

Fund inception date
Share class inception date
Predecessor Fund inception date
Benchmark
Morningstar GIFS peer group
Domicile
Base Currency
Distribution frequency
Annual management fee (%)

Daily Statistics

As of
Daily Statistics data is not available for selected share class
NAV -
Change -
% Change -
12-month high -
12-month low -
Total AUM (in millions) -

Fund codes

Fund Codes data is not available for selected share class
ISIN
Bloomberg
CUSIP
SEDOL
WKN
Valorennummer

Three-Year risk statistics (Annualised)

As of
Three Year Risk Statistics data is not available for selected share class
Standard deviation (%)
Sharpe ratio

Charges

Minimum initial investment
Entry Charge
Exit Charge
Ongoing Charge
Performance Fee

Portfolio Characteristics

Portfolio statistics

As of
Number of Holdings
Current yield (%)
Effective Duration
Cash flow yield (%)
Average credit quality
Percentage of top 10 holdings (%)

Sector Allocation (%)

As of 31/07/2019
Non-US Dollar (gross exposure) 48.85
Emerging Markets 46.70
Investment Grade Credit 42.86
Peripheral Europe 10.71
High Yield Credit 8.88
MBS/ ABS 4.98
Municipal 0.51

Currency Exposure (%)

As of 31/07/2019
US Dollar 65.44
Brazilian Real 8.54
Russian Ruble 7.24
Mexican Peso 6.79
Indian Rupee 5.15
Argentine Peso 3.36
Indonesian Rupiah 2.23
Australian Dollar 1.41
Colombian Peso 1.27
South African Rand 1.14
Egyptian Pound 1.06
Swedish Krona 0.96
Peruvian Nuevo Sol 0.76
British Pound 0.70
Chilean Peso 0.70
Canadian Dollar 0.26
Turkish Lira 0.07
China Offshore Renminbi 0.04
Japanese Yen 0.02
New Taiwan Dollar -1.58
Euro -2.73
South Korean Won -2.84

Credit quality breakdown (%)

As of 31/07/2019
AAA 8.08
AA 2.38
A 18.01
BBB 37.85
BB 14.89
B 7.22
Not Rated -1.94
Cash & Cash Equivalents 13.52

Country Allocation (%)

As of 31/07/2019
United States 25.94
Russia 9.06
Brazil 7.14
Mexico 7.03
Indonesia 5.54
South Africa 4.08
United Kingdom 3.27
Argentina 3.03
India 2.56
Japan 2.18
Italy 2.11
France 1.91
Colombia 1.87
Egypt 1.33
Netherlands 1.29
Switzerland 1.21
Turkey 1.01
Spain 0.91
Australia 0.72
Ecuador 0.64
Belgium 0.62
Denmark 0.46
Ghana 0.46
Canada 0.43
China 0.40
Open Ended Investment Companies 0.38
United Arab Emirates 0.30
Ireland 0.28
Supranational 0.20
Macau 0.12
Israel 0.04
Luxembourg 0.03
Germany -0.08
Cash & Cash Equivalents 13.52

  • Percentages are based on total portfolio as of date displayed and are subject to change at any time. Holdings and allocations breakdowns are provided for information purposes only and should not be deemed a recommendation to buy or sell the securities mentioned or securities in the industries shown. Due to rounding totaled percentages may not equal 100%.

    A negative cash position may be apparent, which is primarily due to the Fund’s unsettled trade activity. This is a more concise approach to defining the cash position and it best represents sector exposures in the Fund. 

Literature

Product Literature

Forms & Applications

Regulatory Documents

Featured Document

One of the world’s leading global fixed income managers. Founded in 1971, the firm is known for team management and proprietary research, supported by robust risk management and a long-term fundamental value approach.

Investment Risks

Risk Reward Profile*

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7

1Lower risk

Potentially lower reward

7Higher risk

Potentially higher reward

Holdings

Top 10 Holdings (%)

As of 31/07/2019
MEXICO ST 7.75% 11/13/42 4.97
UNITED STATES TREASURY INFLATI 1.0000% Mat 02/15/2049 3.28
RUSSIAN F 8.15% 02/03/27 2.51
RUSSIA GOVT BOND - OFZ 7.0500% Mat 01/19/2028 2.31
SECRETARIA DO TESOURO NACIONAL NOTA DO TESOURO NACIONAL 10.0000% Mat 01/01/2021 1.81
UNITED STATES TREASURY NOTE/BO 1.8750% Mat 07/31/2026 1.80
INDONESIA 8.25% 05/15/29 1.67
RUSSIAN F 6.9% 05/23/29 1.66
REPUBLIC OF SOUTH AFRICA 6.2500% Mat 03/31/2036 1.55
WACHOVIA CAP TRUST III 5.5698% Mat 12/29/2049 1.48

Detailed Holdings

Detailed Holdings data is not available for selected share class
Par/Shares Securities description Market value % of investments Country Maturity Date Asset Type S&P Credit Quality Moodys Credit Quality

  • Portfolio holdings are subject to change at any time without notice. This information is provided for information purposes only and should not be construed as a recommendation to purchase or sell any security. The summation of the "Total Net assets %" may not equal 100%. Any difference is due to the portfolio's allocation to cash and cash equivalents.

    Derivatives, if any, such as options and futures, which can be illiquid, may disproportionately increase losses and have a potentially large impact on Fund performance.

Distributions

Distributions data is not available for selected share class
Ex-dividend/Reinvest date Payable date Reinvest price () Ordinary income ()

  • Distributions are not guaranteed and are subject to change.

  • IMPORTANT INFORMATION

    This is a sub-fund of Legg Mason Global Funds plc (" LMGF plc"). LMGF is an open-ended investment company with variable capital, organised as an undertaking for collective investment in transferable securities (" UCITS").   LMGF is authorised in Ireland by the Central Bank of Ireland.

    Information has been prepared from sources believed reliable. It is not guaranteed in any way by any Legg Mason, Inc. company or affiliate (together "Legg Mason").

    Before investing investors should read in their entirety LMGF plc's application form and a fund's share class KIID and the Prospectus (which describe the investment objective, charges and expenses, and risk factors in full). These and other relevant documents are available under the Literature tab. Read them carefully before investing.