BrandywineGLOBAL Flexible Bond Fund Class A is an actively managed mutual fund specializing in multisector bonds. Its core objective is to seek both current income and capital appreciation through dynamic investment across a broad spectrum of global fixed-income securities. The fund maintains flexibility by allocating assets among U.S. government and corporate bonds, foreign securities, high-yield debt, and currency derivatives, with at least 80% of its net assets typically invested in fixed income instruments. Managed by Franklin Templeton Investments since 2016, the fund employs a nimble strategy, aiming to capitalize on opportunities across diverse interest rate environments and geographies. With a typical exposure to a mix of investment-grade and below-investment-grade credit, BrandywineGLOBAL Flexible Bond Fund Class A plays a significant role in providing diversification and potential yield enhancement to investor portfolios within the multisector bond space. Its risk profile and credit sensitivity are managed through active allocation and monitoring, responding strategically to market conditions, global macroeconomic factors, and currency fluctuations.