haydenbird The BrandywineGLOBAL - Global Income Opportunities Fund ( NYSE: BWG ) is a closed-end fund, or CEF, that income-focused investors can employ as a method of achieving their goals. This fund is admittedly not nearly as well known as some of the other international funds that we have discussed in this column, and some of this may be due to the fund manager's relatively small size. Brandywine Global only has approximately $61 billion of assets under management, with most of this being in the fixed income space: Brandywine Global As the name suggests, the majority of the funds that this manager runs are global funds that primarily invest in securities from issuers outside the United States.
As such, the BrandywineGLOBAL Global Income Opportunities Fund could be a good way to add some global diversification to your portfolio, which is becoming increasingly important for many American investors. This is important in both the stock and bond categories, but it has really shown its appeal in the bond market this year. As we can see here, American investment-grade bonds have underperformed the rest of the world year-to-date: Seeking Alpha The most common index that is used to track the American investment-grade bond market is the Bloomberg U.
S. Aggregate Bond Index ( AGG ) and as we can see here, this index has been the worst performer of this grouping year-to-date. The other two indices shown in the chart track emerging market bonds, iShares J.
P. Morgan USD Emerging Markets .
