GOBFX Fees and Costs — BrandywineGLOBAL - Global Opportunities Bond Fund, Class FI
Data updated: 2026-08-26
The net expense ratio is 1.00%: a 0.50% management fee, a 0.25% 12b-1 fee plus 0.34% other expenses, less a 0.09% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $24K in broker commissions, 0.0018% of average net assets, and portfolio turnover was 235%.
GOBFX Fees and Expenses
Annual operating expenses and sales charges of GOBFX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.34% |
| Gross expense ratio | 1.09% |
| Fee waiver | −0.09% |
| Net expense ratio | 1.00% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
GOBFX Costs Over Time
On $10,000 invested in GOBFX, assuming 5% a year before costs, total costs come to $627 over 5 years, cutting the return by 1.05% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.00%) | $105 | $328 | $568 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $105 | $344 | $627 |
| Value after costs | $10,395 | $11,232 | $12,136 |
| Impact on return, per year | 1.05% | 1.05% | 1.05% |
GOBFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0018%
- Total broker commissions: $24K
- Bought from dealers (principal trades, not a cost): $6.2B
- Portfolio turnover (prospectus): 235%
- Securities lending: none during the year
GOBFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $22K | 94.16% |
| CITIGROUP GLOBAL MARKETS INC. | $1K | 5.84% |
GOBFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.5B | 26.77% |
| HSBC SECURITIES (USA), INC. | $1.1B | 19.26% |
| BARCLAYS CAPITAL, INC. | $743.0M | 12.98% |
| CitiGroup Global Markets Inc. | $621.4M | 10.85% |
| BOFA SECURITIES, INC. | $532.1M | 9.29% |
| GOLDMAN SACHS & CO. LLC | $444.5M | 7.76% |
| DEUTSCHE BANK SECURITIES, INC. | $275.3M | 4.81% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $183.4M | 3.20% |
| STONEX FINANCIAL INC. | $153.7M | 2.68% |
| Wells Fargo Securities LLC | $136.8M | 2.39% |
BrandywineGLOBAL - Global Opportunities Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GOBSX | Class IS | 0.55% | none |
| GOBIX | Class I | 0.66% | none |
| GOBAX | Class A | 0.96% | 3.75% |
| GOBFX | Class FI | 1.00% | none |
| LBORX | Class R | 1.25% | none |
| GOBCX | Class C1 | 1.45% | none |
| LGOCX | Class C | 1.71% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.