# Portfolio overlap — LROIX vs LFLAX Comparing **BrandywineGLOBAL - Multi-Sector Opportunities Fund** (2026-04-30) and **BrandywineGLOBAL - Flexible Bond Fund** (2026-03-31). - Shared positions: 17 - BrandywineGLOBAL - Multi-Sector Opportunities Fund covered by BrandywineGLOBAL - Flexible Bond Fund: 0.06934095871589366957524672085 - BrandywineGLOBAL - Flexible Bond Fund covered by BrandywineGLOBAL - Multi-Sector Opportunities Fund: 0.06934095871589366957524672085 ## BrandywineGLOBAL - Multi-Sector Opportunities Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | Western Asset Premier Institutional US Treasury Reserves | 0.078472 | ✓ | | FREDDIE MAC STACR REMIC TRUST 2023-DNA2 STACR 2023-DNA2 M1B | 0.031078 | | | Zayo Issuer, LLC, Series 2025-2A, Class A2 | 0.026382 | | | STACR 2022-HQA3 M1B | 0.025579 | ✓ | | STACR 2022-HQA2 M2 | 0.025297 | ✓ | | Fannie Mae Connecticut Avenue Securities | 0.023197 | | | TRTX Issuer Ltd., Series 2025-FL6, Class C | 0.022332 | | | STACR 2022-DNA4 M2 | 0.017458 | | | COLT 2025-10 Mortgage Loan Trust | 0.017393 | | | RFS Asset Securitization V, LLC 2025-1 | 0.016744 | | | AXP 3.55 PERP | 0.015278 | | | ACHM Trust, Series 2025-HE3, Class A | 0.013100 | | | G2 MA9306 | 0.012503 | | | Fannie Mae REMICS | 0.012371 | | | Government National Mortgage Association | 0.011738 | | | SoFi Consumer Loan Program Trust, Series 2025-4, Class A | 0.011597 | | | FNMA Connecticut Avenue Securities Trust, Series 2022-R02, Class 2M2 | 0.010880 | | | GSAR 2025-1A A2 144A 4.71% 04-15-30 | 0.010199 | | | Drive Auto Receivables Trust 2025-2 | 0.010198 | | | Aircastle Ltd. | 0.009831 | ✓ | | Credit Acceptance Corp | 0.009813 | ✓ | | NAVEL 2026-A A | 0.009467 | | | Credit Acceptance Auto Loan Trust, Series 2025-2A, Class C | 0.009447 | | | GSAR 2026-2A C | 0.009443 | | | American Credit Acceptance Receivables Trust, Series 2025-4, Class C | 0.009439 | | | Exeter Automobile Receivables Trust, Series 2025-5A, Class D | 0.009435 | | | BHG 2026-1CON C | 0.009423 | | | SPUR 2026-1A A | 0.009417 | | | Veros Auto Receivables Trust 2026-1 | 0.009407 | | | MLANE 2025-C C 144A 5.23% 12-15-30 | 0.009385 | | | AFRMT 2025-3A B 144A 4.75% 10-16-34 | 0.009372 | | | CONTINENTAL FINANCE CREDIT CARD ABS MASTER TRUST SER 2025-A CL A REGD 144A P/P 5.40000000 | 0.009371 | | | Drive Auto Receivables Trust, Series 2025-2, Class D | 0.009363 | | | Pagaya Ai Debt Grantor Trust, Series 2025-6, Class C | 0.009358 | | | MFF 2023-1A A 144A 7.21% 05-20-36 | 0.009346 | | | WINGSPIRE EQUIPMENT FINANCE LL WEF 2025 1A C 144A | 0.009346 | | | Upgrade Master Pass-Thru Trust, Series 2025-ST8, Class D | 0.009342 | | | AFRMT 2025-3A D | 0.009329 | | | Velocity Commercial Capital Loan Trust 2025-5 5.94 | 0.009320 | | | XEC 3.9 05/15/27 | 0.009315 | | | Point Securitization Trust Series 2025-2, Class A1 | 0.009313 | | | Avant Credit Card Master Trust 2025-1 | 0.009293 | | | Research-Driven Pagaya Motor Trust 2025-5 | 0.009285 | | | QTS Fayetteville I Dc1-2 LLC / QTS TRS Fayetteville I DC1-2 LLC | 0.009145 | | | College Ave Student Loans 2021-B LLC | 0.009143 | | | UNLOK 2025-2 A | 0.009113 | | | ENVA 11.25 12/15/28 144A | 0.008937 | | | COOPR Residential Mortgage Trust, Series 2025-CES3, Class A1A | 0.008571 | | | FIGRE Trust 2025-HE8 | 0.008380 | | | Freddie Mac REMICS | 0.008284 | | ## BrandywineGLOBAL - Flexible Bond Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | Presidencia da Republica | 0.046453 | | | MEXICO UNITED MEXICAN STATES 8% 07/31/2053 | 0.044053 | | | TITULOS DE TESORERIA 11.500000% 07/25/2046 | 0.023848 | | | Presidencia da Republica | 0.019931 | | | Western Asset Premier Institutional US Treasury Reserves | 0.018962 | ✓ | | SATS 3.875 11/30/30 | 0.015892 | | | MEXICO UNITED MEXICAN STATES 7.5% 05/26/2033 | 0.015178 | | | ARGENTINA | 0.012641 | | | Egypt Treasury Bills | 0.012627 | | | FREDDIE MAC MSCR TRUST MN6 MSCR 2023 MN6 B1 144A | 0.012364 | | | CyrusOne Data Centers Issuer I LLC, Series 2024-2A, Class A2 | 0.011711 | | | Aircastle Ltd. | 0.011510 | ✓ | | SCHW V4 PERP I | 0.011318 | ✓ | | VB-S1 ISSUER LLC 1A-F 0% 03/15/2056 144A | 0.011295 | | | SEMPRA ENERGY | 0.010840 | | | Consolidated Communications LLC, Series 2025-1A, Class B | 0.010764 | | | UBS GROUP | 0.010280 | | | Stack Infrastructure Issuer LLC 5.00 | 0.009914 | | | CONSOLIDATED COMMUNICATIONS LLC / FIDIUM FIBER FIN HOLDCO LLC 9.408% 05/20/2055 144A | 0.009608 | | | Victra Holdings LLC / Victra Finance Corp | 0.009578 | | | Egypt Treasury Bills | 0.009479 | | | STACR 2022-HQA1 B1 | 0.009401 | | | REPUBLIC OF ARGENTINA SR UNSECURED 07/30 VAR | 0.009227 | | | VDCR 2023-1A A2A | 0.009225 | | | TRTX Issuer Ltd., Series 2025-FL7, Class A | 0.009174 | | | STACR 2022-DNA6 M2 | 0.008955 | | | NFE FINC. LLC 12.00% | 0.008757 | | | Neuberger Berman CLO XXI Ltd | 0.008216 | | | STACR 2020-HQA5 B1 144A FRN 11-25-50 | 0.007762 | | | Jane Street Group / JSG Finance Inc. | 0.007682 | | | Zayo Issuer LLC, Series 2025-2A, Class B | 0.007323 | | | ECOPETROL SA SR UNSECURED 02/32 7.75 | 0.007176 | | | MULTIFAMILY CONNECTICUT AVENUE SECUR SER 2019-01 CL M10 V/R REGD 144A P/P 7.43628000 | 0.007159 | | | TEINEN 6.875 04/15/29 144A | 0.007149 | | | AFFINITY INTERACTIVE SR SECURED 144A 12/27 6.875 | 0.007133 | | | YPFLUZ 7 7/8 10/16/32 | 0.007077 | | | FHLMC, Multi-Family Structured Credit Risk, Series 2022-MN5, Class B1 | 0.007054 | | | YPANBR 8.947 07/31/42 144A | 0.007040 | | | NGL Energy Operating LLC / NGL Energy Finance Corp | 0.006939 | | | ALLY V4.7 PERP C | 0.006780 | | | ENERGEAN ISRAEL FINANCE LTD 5.375% 03/30/2028 144A REGS | 0.006777 | | | COGENT IPV4 LLC SER 2025-1A CL A2 REGD 144A P/P 6.64600000 | 0.006591 | | | STACR 2022-DNA5 M1B 144A FRN 06-25-42 | 0.006556 | | | PRA GROUP INC REGD 144A P/P 5.00000000 | 0.006476 | | | Egypt Treasury Bills | 0.006436 | | | FMCN 8.625 06/01/31 144A | 0.006318 | | | ANTHOL 7.95 08/11/28 | 0.006312 | | | STACR 2022-HQA3 M1B | 0.006238 | ✓ | | FREDDIE MAC MULTIFAMILY STRUCTURED CREDIT RISK MSCR 2022-MN4 B1 | 0.006221 | | | Taseko Mines Ltd | 0.006136 | | ## Sources - N-PORT (fund A) — accession `0000940400-26-024958` (as of 2026-04-30) - N-PORT (fund B) — accession `0000940400-26-021648` (as of 2026-03-31) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _