Brandywine Global and Western Asset Management Nominated for Morningstar’s 2017 Fixed-Income Fund Manager of the Year


Morningstar 2017 Fixed Income Manager of the Year Nomination

 

On January 11, 2018 Morningstar, Inc. announced the 2017 U.S. Fund Manager of the Year nominees. 

Legg Mason independent investment affiliates Brandywine Global and Western Asset Management have been recognized as nominees for Morningstar’s 2017 Fixed-Income Fund Manager of the Year.

For the third time in four years Western’s Ken Leech and team were nominated for the Western Asset Core Plus Bond Fund (WACPX). And for the second time in four years Brandywine Global’s David Hoffman, Stephen Smith, John McIntyre and Anujeet Sareen were nominated for the BrandywineGLOBAL Global Opportunities Bond Fund (GOBSX).

These nominations are impressive affirmations for these funds. Morningstar bases these nominations on performance during 2017, building on successful long-term records. Morningstar will be announcing the winners of the 2017 U.S. Fund Manager of the Year award on Wednesday, January 24 on CNBC’s Power Lunch.

 

BrandywineGLOBAL Global Opportunities Bond Fund (GOBSX)
Western Asset Core Plus Bond Fund (WACPX)

About Legg Mason, Inc,

Legg Mason, Inc. is a global asset management firm, with $767 billion in assets under management as of December 31, 2017. The company provides active asset management in many major investment centers throughout the world. Legg Mason is headquartered in Baltimore, Maryland, and its common stock is listed on the New York Stock Exchange (symbol: LM).

 

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Equity securities are subject to price fluctuation and possible loss of principal. Fixed-income securities involve interest rate, credit, inflation, and reinvestment risks; and possible loss of principal. As interest rates rise, the value of fixed-income securities falls. Investing in asset-backed, mortgage-backed or mortgage-related securities are subject to additional risks such as prepayment and extension risks. International investments are subject to special risks including currency fluctuations, social, economic and political uncertainties, which could increase volatility. Diversification does not assure a profit or protect against market loss. 

Morningstar 2017 Nominee for U.S. Fixed-Income Fund Manager of the Year

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. 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’. Nominated funds must be Morningstar Medalists—a fund that has garnered a Morningstar Analyst Rating™ of Gold, Silver, or Bronze. The Fund Manager of the Year award winners are chosen based on Morningstar’s proprietary research and in-depth qualitative evaluation by its fund analysts. For more information about Morningstar Awards, visit http://corporate1.morningstar.com/Morningstar-Awards/.  

This nomination does not imply positive performance for the funds being discussed.

Morningstar Awards 2017©. Morningstar, Inc. All Rights Reserved. David Hoffman, Stephen Smith, John McIntyre and Anujeet Sareen; BrandywineGLOBAL Global Opportunities Bond Fund (GOBSX) nominated for Fixed-Income Fund Manager of the Year, United States.

Morningstar Awards 2017©. Morningstar, Inc. All Rights Reserved. Ken Leech and team; Western Asset Core Plus Bond Fund (WACPX) nominated for Fixed-Income Fund Manager of the Year, United States.


 

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